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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. 21

MAY

: BUREAU OF STANDARDS

1923

CONTENTS
Summary for March.,
Business indicators (diagrams and table)
Wholesale price comparisons (diagrams and table)
Comparison of wholesale price index numbers ( d i a g r a m ) . . . . .
Business conditions in March
Monthly indexes of unfilled orders and stocks
Index number of production and marketing
Trend of business movements:
Textiles
Metals
Fuel and power
Paper and printing
Rubber and automobiles
Glass and optical goods
Building and construction
Hides and leather
Chemicals, naval stores, and oils
Foodstuffs
Tobacco
Transportation
Labor.
Price index numbers
Distribution movement
Public
finance
Banking and
finance

Page.
1
2
4
6
7
20
23
25
26
28
29
30
31
31
33
34
36
39
39
40
40
41
42
42

Page.
Trend of business movements—Continued.
Foreign exchange and trade
44
Trade and industry of foreign countries
45
Detailed tables:
World production of cotton and wheat.
47
Production (Table 1)
48
Textiles (Tables 2 to 10)
49
Metals (Tables 11 to 20)
58
Fuels (Tables 21 to 25)
68
Automobiles and rubber (Tables 26 to 28)
73
Hides and leather (Tables 29 to 32)
76
Paper (Tables 33 to 39)
80
Building construction and materials (Tables 40 to 57)
87
Chemicals and fats and oils (Tables 58 to 66)
105
Foodstuffs and tobacco (Tables 67 to 89)
114
Transportation (Tables 90 to 96)
136
Distribution movements (Tables 97 to 105)
143
Labor and price indexes (Tables 106 to lia)
152
Banking and finance (Tables 114 to 127)
160
Foreign exchange and trade of United States (Tables 128
to 134)
174
Trade and industry of foreign countries (Tables 135 to 145) 181
World production of sugar, flaxseed, and rice
192
Sources of data
193
Index
197

SUMMARY FOR MARCH.
Further increase in production was noted in March,
while an increasing consumptive demand apparently
digested the goods produced without an appreciable
increase in stocks. For many important commodities,
such as cotton goods, crude petroleum, automobiles,
and pig iron, production exceeded any previous month
on record, while new high records since the end of the
war were made in the production of zinc, face brick,
and anthracite coal, and many commodities had the
largest output since 1920.
Stocks of commodities tended to decline in spite of
the increased production, while sales and unfilled
orders continued to increase. The principal field of
activity was still in the building and metal trades,
both as to sales and actual output, though enamelware
43622°—23




1

sales declined perceptibly from February. Orders for
steel castings and fabricated structural steel and the
awards of building contracts all touched high levels.
The transportation situation also reflected the increased distribution of commodities in the record car
loadings for this season of the year, while the net car
shortage was reduced.
Employment in factories continued to increase, and
wages were increased in a number of the basic industries. Sales of mail-order houses were at high levels
for this season of the year.
Prices of commodities at wholesale continued to increase in March and the cost of living rose slightly.
Retail food prices were unchanged. Farmers received
more for crops than in February but less for live stock.

BUSINESS INDICATORS.
(1913 monthly average=100. See explanation on inside front cover.)
PIG-IRON PRODUCTION.
1921

COTTON CONSUMPTION.

BITUMINOUS COAL PRODUCTION.

1020

ilOflfc

I02>

<«2

I.OOQ
BO
O
600

z

A

too

L.

\

\

/

r wJ

40

1020

1022

1021

BANK CLEARINGS OUTSIDE NEW YORK
CITY (VALUES),

EXPORTS (VALUES).

NET FREIGHT TON-MILES.
1020

A r^

~i—/—
I
/
i
/
l/v/

ft M

1021

1022

\
X NUMBERS

I

z

X

Z

x

-*^*^

2

eo

100

f»

MI

40

10

DEFAULTED UABILITIES (VALUES).
1020

1021

1022

PRICE OF 25 INDUSTRIAL STOCKS.

WHO!JSSALE PRICES.
1.000.

1020

1021

1022
800
600

|

I

400

«i

—P
f
/

40

/

/

9

90




^

i 1

vvrv

i

V A
w

H
40

I

\-»-80

1

1
t

40

1
30

10

j

10

BUSINESS INDICATORS.
The following table gives comparative index numbers for a selected list of important business movements. It is believed that this
table will prove useful, because it separates out from the large mass of material a comparatively small number of items which are often
regarded as indicative of business in general.
The table has been divided into two parts, the first containing those items for which index numbers can be calculated, using 1913 as
a base. The second part contains items for which comparable data back to 1913 are not available. This latter group of index numbers
is calculated by letting the 1919 monthly average equal 100. Care should therefore be exercised in comparing the absolute value of the
two sets of data. In either group, however, the upward or downward trend of the index numbers, compared to previous months, does
reflect the present tendency in each item and will give a basis for business judgment.
1922

MONTHLY AVERAGE.

1928

COMMODITY.

1920

1921

1922

Feb.

Mar.

Apr.

May. June.

July. Aug.

Sept.

Oct.

Nov.

Dec.

Jan.

Feb.

Mar

138

1 9 1 3 monthly average-100.
Production:
Pig iron*
Steel ingots
Copper
Anthracite coal
Bituminous coal
Crude petroleum
Cotton (consumption)*4
Beef
Pork
Unfilled orders:
Steel Corporation
Stocks:
Crude petroleum
Cotton (mills and warehouses) **...
Prices:
Wholesale index, all commodities
(Dept. Labor)
Retailfood (Dept. Labor)
Retail coal, bitum.—U. S. average
(Dept. Labor)
Farm crops (Dept. Agriculture) l ...
Fannlive stock (Dept. Agriculture).
Business finances:
Defaulted liabilities
Price 25 industrial stocks*
Price 25 railroad stocks*
Banking:
Bank clearings, New York City
Bank clearings, outside N. Y. City..
Commercial paper interest rate...
Distribution:
Imports (value)
Exports (value)
Sales, mail-order houses
Transportation!
Freight, net ton-miles

119
135
99
97
116
178
111
121
111

54
64
39
99
87
189
85
109
116

87
110
81
58
85
222
102
121
129

64
79
37
89
103
197
98
98
123

79
107
61
115
126
225
108
119
118

81
111
75
(«)
40
216
92
106
105

170

90

96

70

76

109
150

152
183

234
161

199
187

226
203

147
153

149
142

207
238
168

197
109
107

108
184
67

90
123
90
51
224
103
124
133

92
119
93
1
56
220
106
125
149

94
113
92
2
43
225
95
119
117

71
100
98
2
56
225
109
127
109

79
108
95
65
103
219
103
131
101

103
130
101
112
113
231
111
141
113

111
131
101
112
114
230
120
134
146

121
126
103
111
117
242
109
124
183

126
147
110
114
126
249
127
125
188

117
132
101
102
106
234
118
107
156

86

89

95

98

101

113

117

116

114

117

123

125

211
171

225
151

235
128

244
103

249
87

250
83

251
138

253
184

252
191

252
193

6 241
176

6 243
156

247

141
142

142
139

143
139

148
139

150
141

155
142

155
139

153
140

154
140

156
145

156
147

156
144

157
142

159

188
113
111

179
105
108

179
112
117

177
115
115

175
118
118

175
119
119

175
118
119

184
114
112

205
110
109

205
110
110

208
118
105

207
123
104

206
126
106

205
130
107

203
134
106

230
136
64

229
169
75

320
149
68

315
153
70

322
163
74

195
166
76

168
166
74

176
170
77

177
178
82

162
184
83

152
191
83

177
182
76

256
187
74

217
190
74

179
198
79

213
199
78

257
275
127

205
212
113

230
228
76

195
184
84

237
221
83

238
212
79

244
228
74

255
233
70

233
224
65

215
225
68

219
233
72

249
267
76

220
246
76

240
260
80

251
288
80

213
230
80

270

294
331
264

140
181
188

174
154
204

144
121
161

171
159
211

145
154
196

169
149
194

174
162
174

169
145
154

188
146
157

200
151
190

185
179
268

195
184
277

196
166
287

214
162
243

198
148
232

137

105

114

104

120

90

103

106

99

111

125

144

139

132

138

119

(•)

154
120
117
117
271
129

142

142

251

87

169
290

1019 monthly average- 1OO.
Production:
Lumber *
Building contracts (floor space)
Stocks:
Beef
Pork
Business finances:
Bond prices index (40 issues)
Banking:
Debits to individual accounts, outside New York City
Federal Reserve, bills discounted...
Federal Reserve, total reserves
Federal Reserve, ratio

100
72

85
69

114
102

95
64

103
111

107
125

126
128

132
130

122
111

129
116

124
95

123
100

124
101

96
83

109
83

99
89

128
139

70
97

43
85

27
70

31
67

29

74

27
76

24
83

21
94

20
91

20
81

22
67

28
47

40
50

48
68

48
82

42
92

102

86

87

107

102

104

107

108

108

109

111

112

110

107

107

107

106

104

114
132
97
87

91
91
122
122

97
28
144
154

84
37
141
156

99
33
142
155

94
30
143
156

92
29
143
155

98
24
144
154

93
20
145
158

90
21
146
158

94
22
146
156

105
24
147
155

98
34
146
152

112
33
144
144

112
31
147
153

96
31
146
152

112

38

145
150

•Monthly statistics on the movements since January, 1913, or as fan back as available, are given on pages 47-49 of the December Survey (No. 16).
» Monthly prices are for the 15th of the month indicated.
* Based on the total computed production reported by 5 associations. Includes southern pine, Douglas fir, western pine, North Carolina pine, and Michigan hard
and soft woods. The total production of these associations in 1919 was equal to 11,190,000,000 board feet, compared with a total lumber production for the country of
84,552,000,000 board Zest reported by the census.
'
»Less than 1.
* Yearly figures are monthly averages for the crop year ending July 31 of year indicated.
»Does not include stocks of topped oil or crude oil held at refineries; this omission reduced the January stocks by about 15,000,000 barrels.




COMPARISON OP PRESENT WHOLESALE PRICES WITH PEAK AND PREWAR.
(Relative prices 1913=100.)
INDEX NUMBERS
_20O

WHEAT

300

400

700

I PRODUCTS. PRICE TO PRODUCER

CORN
POTATOES
COTTON
COTTON SEED
WOOL
CATTLE. BEEF
HOGS
LAMBS
WHEAT. SPRING
WHEAT, WINTER
CORN. NO. 2
OATS
BARLEY
RYE. NQ 2
TOBACCO.BURLEY
COTTON. MIDDLING
WOOL. OHIO. UNWASHED
CATTLE. STEERS
HOGS. HEAVY
SHEEP. EWES
SHEEP. LAMBS
FLOUR.SPRING
FLOUR. WINTER.
SUGAR. RAW
SUGAR. GRANULATED
"COTTONSEED OIL
BEEF. CARCASS
BEEF, STEER. ROUNDS
PORK. LOINS
COTTON YARN
COTTON. PRINT CLOTH
COTTON, SHEETING
WORSTED YARN
WOMEN'S DRESS GOODS
SUITINGS
SILK. RAW
HIDES. PACKERS
HIDES. CALFSKINS
LEATHER. SOLE
LEATHER. CHROME
BOOTS AND SHOES {BOSTON)
COAL. BITUMINOUS
COAL. ANTHRACITE
COKE
PETROLEUM
PIG IRON. FOUNDRY
PIG IRON. BASIC
STEEL BILLETS. BESSEMER
COPPER
LEAD
TIN
ZINC
LUMBER. PINE. SOUTHERN
LUMBER. DOUGLAS FIR
BRICK. COMMON. NEW YORK
BRICK. COMMON. CHICAGO
CEMENT
STEEL BEAMS
RUBBER. CRUDE
SULPHURIC ACID




PRICE
PRICE IN MAR. 1923
DECEMBER

WHOLESALE PRICE COMPARISONS.—MAXIMUM PRICE COMPARED TO PRICE IN RECENT MONTHS.
NOTE.—Prices to the producer on farm products are from U. 8. Department of Agriculture, Bureau of Agricultural Economics, All other prices are from U. 3.
Department of Labor, Bureau of Labor Statistics, except market price of wool compiled by U. 8. Department of Commerce, Bureau of the Census. As far as possible
all quotations represent prices to the producer or at the mill. See diagram on opposite page.

COMMODITIES.

Date and m a x i m u m
relative price.

Jan.,
1933.

Mar.,
1933.

Feb.,
1923.

crease ( - )
in Mar.
from Feb.

Relative price.
(1913 average=100.)

Farm products—Average price to producer:
Wheat.
Corn.
Potatoes....
Cotton
Cottonseed.
WooL
Cattle, beef.
Hogs...
Lambs
•
Farm products—Market price:
Wheat, No. 1, northern, spring (Chicago)
Wheat, No. 2, red, winter (Chicago)
Corn, contract grades, No. 2, cash (Chicago)
Oats, contract grades, cash (Chicago)
Barley, fair to good, malting (Chicago)
Rye, No. 2, cash (Chicago)
Tobacco, burW, good leaf, dark red (Louisville)
Cotton, middling upland (New York)
Wool, unwashed, fine (Ohio)
Cattle, steers, good to choice, corn fed (Chicago)
Hogs, heavy (Chicago)
Sheep, ewes (Chicago)
Sheep, lambs (Chicago)
Food:
Flour, standard patents (Minneapolis)
Flour, winter straights (Kansas City)
Sugar, 96° centrifugal (New York)
,
Sugar, granulated, in barrels (New York)
Cottonseed oil, prime summer yellow (New York)
Beef, fresh carcass good native steers (Chicago)
Beef, fresh steer rounds No. 2 (Chicago)
Pork, loins, fresh (Chicago)
Clothing:
Cotton yarns, carded, white, northern, mule spun, 22-1 cones (Boston)
Cotton, print cloth, 27 Inches, 64 x 60-7.60 yards to pound (Boston)
Cotton, sheeting, brown, 4/4 Ware Shoals L. L. (New York)
Worsted yarns: 2/32's crossbred stock, white, in skeia (Boston)
Women's dress goods, storm serge, all-wool, double warp, 50 inches (New York)
Suitings, wool, dyed blue, 65-56 inches, 16-ounce Middlesex (New York)
Silk, raw Japanese, Kansai No. 1 (New York)
Hides, green salted, packer's, heavy native steers (Chicago)
Hides, calfskins, No. 1, country, 8 to 15 pounds (Chicago)
Leather, sole, hemlock, middle, No. 1 (Boston)
Leather, chrome calf, dull or bright, " B " grades (Boston)
Boots and shoes, men's black calf, blucher (Massachusetts)
Men's dress welt tan calf (St. Louis)
Fuels:
Coal, bituminous, Pittsburgh, mine run—Kanawha (Cincinnati)
Coal, anthracite, chestnut (New York tidewater)
Coke, Connellsville (range of prompt and future) furnace—at ovens
Petroleum, crude, Kansas-Oklahoma—at wells
Metals:
Pig iron, foundry No. 2, northern (Pittsburgh)
Pig iron, basic, valley furnace
Steel billets, Bessemer (Pittsburgh)
Copper ingots, electrolytic, early delivery (New York)
Lead, pig, desilverized, for early delivery (New York)
Tin, pig, for early delivery (New York)
Zinc, slab, western, early delivery (New York)
Building materials and miscellaneous:
Lumber, pine, southern, yellow flooring, l i 4 , " B " and better (Hattiesburg district).
Lumber, Douglas fir, No. 1, common, s 18,1 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, 1 o. b. plant (Chicago district)
Steel beams, mill (Pittsburgh)
Rubber, Para Island, fine (New York)
Sulphurio add, «6* (New York)




Per cent
increase
(+) or de-

June,
July,
June,
July,
May,
July,
May,
July,
Apr.,

1920
1920
1920
1920
1920
1918
1919
1919
1920

326
300
706
312
321
344
183
256
239

131
114
108
216
199
211
93
104
175

133
120
107
231
207
211
94
102
178

May,
May,
Sept.,
June,
Mar.,
Mar.,
Mar.,
Apr.,
Mar.,
Mar.,
July,
Apr.,
Feb.,

1920
1920
1917
1920
1918
1918
1919
1920
1920
1919
1919
1918
1920

354
302
331
296
325
451
352
331
350
218
266
319
263

131
128
114
117
104
137
208
215
236
115
98
148
182

136
138
118
122
107
136
208
226
236
110
94
143
188

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

1920
1917
1920
1920
1919
1920
1920
1919

328
363
598
526
374
201
211
254

145
145
151
158
149
119
103
104

146
145
176
171
150
114
105
105

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

1920
1920
1920
1920
1918
1920
1920
1919
1919
1917
1919
1920
1919

348
478
427
289
292
291
466
283
490
211
473
308
292

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

198
232
206
225
176
227
241
108
88
124
167
210
153

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

1922
1921
1920
1920

336
201
637
375

256
200
338
145

222
200
292
185

222
200
300
198

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

1917
1920
1917
1917
1917
1918
1915

346
330
388
230
261
224
386

180
175
145
93
178
88
125

183
179
154
98
185
94
130

202

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

1920
1920
1920
1920
1920
1917
1913
1016

455
407
381
251
195
331
124
250

220
212
305
178
158
132
34
70

221
212
305
177
173
139
38
70

230

135
123
123
237
213
223
95

100
180
133
134
118
123
106
130
208
240
232
109
98

153
183
145
146
208
201
163
112
111
100
203
238
208
225
184
227
237
105
88

No quo-[
tation.
209
153

205
172
108
193
109
141

236

+1.5
+2.5
+15.0
+2.6
+2.9
+5.7
+1.1
-2.0
+1.1
-2.2
-2.9
0.0
+0.8
-0.9
-4.4
0.0
+6.2
-1.7
-0.9
+4.3
+7.0
-2.7
-0.7
+0.7
+18.2
+17.5
+8.7
-1.8
+5.7
-4.8
+2.5
+2.6
+1.0
0.0
+4.5
0.0
-1.7
-2.8
0.0

-0.5
0.0
0.0
0.0

+2.7
+7.0
+10.4
+14.5
+11.7
+ 10.2
+4.3
+16.0
+8.5
+4.1
+11.3

36

0.0
-1.1
0.0
+5.0
-5.3

70

0.0

305
175
173
146

COMPARISON OF WHOLESALE PRICES BY GROUPS.
(U. S. Department of Labor Index numbers. Relative prices 1913-100.)
1917

1916
J

M

M

J

S

N

J

M

M

1918

J

8

N

J

M

M

J

1919.
8

N

J

M

M

J

S

1920
N

J

M

M

J

1921
S

N

J

M

M

1922

J

S

N

J

M

M

J

1923
f

i

N

j

M

OUV

300

\\
\ /

\

280

/ \

—
260

/

\

/

#20

\
\

/

\
\
\
\

j

i

/ \

1 1 1

INDEX NUMBER

r

J

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A r
/

\

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I

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i20

A
1

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—
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V

p.
-

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\

80

60

40

20

n




f

(

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i.

\

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I

V

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\

\

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/

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N..

K

y

J

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/

\

-V

\

I

\

j

\

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{

191: 5 A\ ER/ GE
100

/

\
\

j

\ , \

J.
i

-"-si

i

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J

\

\
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r

1

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200

/v
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1

240

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^ =

1

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

COURSE OP PRODUCTION SINCE

RELATIVE PRODUCTION (1919=100).
Maximum
since
end
of
1919.

PRODUCTION.

On account of the larger number of working days
in March, comparison with February is made by allowing an addition of 10 per cent to the latter figures.
Even with this allowance, production in March
exceeded February and in many cases made new high
records.
The index of mineral production on a 1919 base
was 125.8 in March, as compared with 124.3 in January and the high record of 131.8 in October, 1920.
The index of animal products marketings was 113.6
in March, as against 113.4 in January and the high
mark of 119.6 in May, 1922.
Out of 47 commodities for which production figures
are now available on a 1919 base, March production
exceeded February by more than 10 per cent in 39
cases, as against only 8 declines from the adjusted
February figures. Three of the declines were in the
lumber group and two were seasonal declines among
the food commodities, showing a decrease from
February.
Compared with March, 1922, there were 40 increases
and only 7 decreases, the declines occurring in many of
of the same commodities showing a decrease from
February.
New high records since 1919 were made in March by
cotton consumption and production of anthracite coal,
crude petroleum, zinc, North Carolina pine and
Douglas fir lumber, oak flooring, wrapping paper,
clay fire brick and enamel baths, while new high
records since monthly figures became available at the
beginning of 1921, were made by by-product coke,
copper, passenger automobiles, and trucks.
COMBINED PRODUCTION I N D E X

1922
Maxi- Minimum mum 1921 1922
since since aver- averend of end of age. age. Feb. Mar.
1919. 1919.

Manufacturing (total)...
Manufacturing (62 identical commod.)
Raw materials, total
Minerals .
Animal products....
Crops
Forestry
1

126.7
119.7
153.4
131.7
119.6
194.6
127.9

74.0
72.9
62.5
79.7
49.1
60.6

1928

Jan. Feb.

80.9
102.8
93.3
97.5
112.1
85.5

82.1

97.8
108.0
99.0
106.3
112.6
109.9

82.3 93.6 2114.0 2 100.9 119.7
93.2 93.6 115.6
96.1 116.2 124.3 "i06."5 "i25."8
87.8 102.5 113.4 95.4 113.6
96.3 77.8 114.5 73.4
85.7 99.3 106.9

96.7 2118.6 2109.1 126.7

For details of individual commodities, see pp. 23 and 24.




Mar.

94
92
107
79
130
51
71

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

92
93
80
104
103
91
76
99
86
111
93

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

Cotton (consumption) 120
Sole leather
95
Boots and shoes
U13

103
82

79
80

101
122
110
122
117
123
99
146
124
113

103
91
30
79
124
130
83
127
104
105

138
140
'114
127
129
181

119
121
94
105
100

54
57
37
47
95
113

128
144
119

112
84
94

97
101

76
71
92

131
172
180

94
121

115
105
153

103

85
81
130
79
105
68

75
102
70
128
42
82
52
91
51
49
110
91
79

109
77
107

120
91

42
113
146
157
98
140
116
122

92
105
35
86
129
121
86
120
98
107

106
109
93
134
154
172
92
142
110
134

121
121
110
155
178

121

64
71
35
59
82
94

117
119
96
111
100
102

138
138
114
127
129
91

90
82
108

104
92

97
114
103

37
149

113
58
153

105
50
120

126
108
180
164
138
68
53
150
94
319
123

FUELS:

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

121
137
127
3 155
178
177
116
153
135
145

(2)
41
11
8 62
112
98
71
93
89
98

157
68
56

110

CLOTHING:

METALS:

Pig iron
Steel ingots
Copper
Zinc
Silver
Gold (receipts)

TOBACCO:

Cigars4 4
Cigarettes
Manufactured tobacco4

LUMBER:

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

272
182
138
122
120
161
120
319
139

8
57

121
122
102
89
82
105
91
106
103

78
109
79
60
59
88
57
123
83

114
135
117
62
68
81
78
226
114

19
90
108
61
28
72
44
171
92

15
134
107
54
37
118
68
202
92

47
120
108
74
49
134
74
242
113

143
138
116
135
126
135
135
121

55
64
69
93
64

87
79
89
104
79
94
85
71

102
102
105
120
107
120
111
105

82
90
85
105
91
107
95

53

109
117
110
105
121
120
119
113

119
106
103
119
102
121
118
102

86
109
100
116
117
135
122
113

142
142

30
18

104
104

65

117
109

84
100

96
116

137
103

151
112

,

130
131
187
3 184
124

13
43
34
3 61
48

106
120
117
125
104

37
63
105
122

79
92
144
142
77

47
68
67
64
81

65
84
126
100
67

103
111
102
121

119
131
147
148

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

267
235
214

65
86
80

149
112
110

120
127
122

209
195
172

152
154
135

199
166

240
182
182

267
229
210

72

102

64

111

114
102

141
77
48

44
27
28
21
33
42
47

PAPER:

Mechanical wood pulp
Chemical wood pulp..
Newsprint
Newspapers (printed).
Book paper
Wrapping paper
Paper board
Fine paper
C o r r u g a t e d paper
boxes5
Solidfiberpaper boxes5

BUILDING EQUIPMENT:

102.2

81.2

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

Silica brick
Clay fire brick
Face brick.
Cement
Glass bottles

(Relative monthly production 1919=100.)

1922
1923
Minimum 1920 1921 1922
since aver- aver- averend age. age.
Feb. Mar. Feb. Mar.
of
1919.

FOODSTUFFS:

STONE, CLAY, AND SAND
PRODUCTS:

NUMBER.1

1919.

77
65

130

113
134

139

TRANSPORT VEHICLES:

Automobiles, passen6 231
ger
« 131
Motor trucks
135
Locomotives
79
Ships
•June, 1922.
1 Since November, 1921.
2 Less than 1.
«Since Jan. 1,1921.

6 32
9
2
4

184
83
93

67

As represented by tax-paid withdrawals.
& Relative to last 6 months of 1919.
s Since July 1,1923.

231
131
126
7

8
COURSE OP PRODUCTION SINCE

STOCKS.

1919.

(Average monthly production 1919-100.)
INDEX NUMBERS

WHEAT FLOUR
BEEF PRODUCTS
PORK PRODUCTS
LAMB AND MUTTON
SUGAR (MELTINGS)
OLEOMARGARINE
COTTONSEED O L
W
CORN PRODUCT8
COTTON (CONSUMPTION)
SOLE LEATHER
BOOTS AND 8HOE8
ANTHRACITE COAL
BITUMINOUS COAL
BEEHIVE COKE
BY-PRODUCT COKE
CRUDE PETROLEUM

Figures on stocks of commodities at the end of
March show a continuation of the rapid consumption
previously noted. In spite of record productive activity in March, stocks did not increase, and a declining
tendency was more predominant.
Among the food commodities, which are largely subject to seasonal conditions, there were 6 increases and
10 decreases in March, while among the other Commodities there were 5 increases, 13 decreases, and 2
unchanged. Compared with a year ago, there were
12 increases and 4 decreases among the foodstuffs
and 6 increases and 15 decreases among the other
commodities.

GASOLINE
KEROSENE
GAS AND FUEL OIL

COMPARISON OF MARCH PRODUCTION WITH PRE-WAR.

(Average monthly production 1913=100.)

LUBRICATING OIL
ELECTRIC POWER

INDEX NUMBERS

PIG IRON
STEEL-INGOT
COPPER

WHEAT FLOUR

ZINC
SILVER

• E E F PRODUCTS

GOLD (RECEIPTS)
^ORK PRODUCTS
CIGARS
LAMB! AND MUTTON

CIGARETTES
MANFD. TOBACCO

OLEOMARGARINE;

YILLOW PINE
WESTERN PINE
NORTH CAROLINA PINE

(CONSUMPTION
COTTON

CALIFORNIA WHITE PINE
CALIFORNIA

REOWOOD

(CONSUMPTION

DOUGLAS FIR
MICHIGAN HARDWOODS
MICHIGAN SOFTWOODS

ANTHRACITE COAL.
BITUMINOUS COAL]

NORTHERN HARDWOODS
HEMLOCK

BEEHIVE COKE

OAK FLOORING
MAPLE FLOORING

BY-PRODUCT COKE.

MECHANICAL WOOD PULP

CRUDE PETROLEUM

CHEMICAL WOOD PULP
NEWSPAPERS (PRINTED*
NEWSPRINT PAPER

PIG IRON
STEEL-INGOTS

BOOK PAPER
WRAPPING PAPER

COPPER

PAPER BOARD
FINE PAPER
CORRUGATED PAPER BOXE8

ZINC
8ILVER

SOLID FIBER PAPER BOXE8
SILICA BRICK
CLAY FIRE BRICK

GOLD
CIGARS

FACE BRICK
CEMENT
GLASS BOTTLES
BATHS. ENAMEL
LAVATORIES. ENAM EL
SINK8. ENAMEL
'BUILDINGS (CONTRACTED)
AUTOMOBILE8. PASSENGER*
MOTOR TRUCKS
LOCOMOTIVE8
•HIPS

The cumulative data representing the production
record of the first quarter of 1923, in all lines for
which comparable data are available, indicate without exception advances over the same quarter of the
years 1921 and 1922.




NORTHERN
HARDWOODS
OAK FLOORING
CEMENT
BATHS (ENAMEL)
LAVATORIES
O
(ENAMEL)
JINKS (ENAMEL)

LOCOMOTIVES
AUTOMOBILE8
( PASSENGER >

COURSE OF COMMODITY STOCKS SINCE 1919 (TAKEN AT E N D OP
MONTH) .
(Relative stocks 1919-100.)

STOCKS OF COMMODITIES SINCE 1919.
(Taken at end of each month.)

INDEX NUMBERS
400,
600

RELATIVE STOCKS (1919=100).

BB.BP PRODUCT8

1922.
1923.
1922
1920
averaverFeb. Mar. Feb. Mar.
1919. 1919. age. age.

Maxi- Mini.

PORK PRODUCT8
LAMB AND MUTTON,
SUGAR ( R A W )
COTTONSEED OIL
WHEAT (VISIBLE)

FOODSTUFFS.

WHEAT FLOUR

Beef products
Pork products
Lamb and mutton
Sugar (raw)
Cottonseed oil
Wheat (visible)
Wheatflour
Corn (visible)
Oats (visible)
Butter

70
97
183
110
110
89
95
174
69

EGGS
POULTRY
FISH

82
70
73
146
181
159

136

51

241
239
153
178
162

101
61
85
75
81

146
247
528

31
27
122

143
108
152
277
222
115
217
276
301
95
122
183
215

102
61

COFFEE
APPLES

Poultry
Fish*
Coffee
Apples
Rice (domestic).

RICEIDOME8TIO
COTTON (TOTAL)
CRUDE PETROLEUM.'

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

91

Pig iron (merchant)...
Zinc
Tin

BUTTER
CHEESE.

124
20
129
38
928
25
437
44
200
8
191
28
149
54
,482 108
316
16
174
6
156
28
240 (l)
183
30
110
27
177
72
391
360
50

Crude petroleum.
Gasoline
Kerosene
Gas and fuel oil...
Lubricating oil...

CORN (VISIBLE)
OATS (VISIBLE )

27
33
31
70
74
67
41
34
34
287
437
172
57
59
72
135
146
123
64
80
77
769 1,300 1,482
290
316
210
14
34
79
28
80
125
82
133
57
41
61
98
125 103
172
178 111
204 190
154

42
92
68
130
87
184

38
102
79
298
63
173

868
124
13
54
C1)
171
44
94
223
251

908
108
7
37
1
143
27
104
132
215

CLOTHING MATERIALS.

GASOLINE
KEROSENE

Cotton (total)....

QA8AND FUELOIL
LUBRICATING OIL

87

102

114

104

145
134
134
151
143

223
168
100
172
143

190
171
110
172
157

201
181
107
162
147

232
239
91
166
148

235

60
108
332

132
213
232

67
97
244

114
171
139

112
161
304

58
29
202

51
27
401

127
72
105
161
103
103
157
170
50
31
53
104
109

129
98
141
234
199
100
182
193
179
78
89
164
149

126
74
98
159
180
92
178
185
98
55
73

128
76
103
200
222
80
211
269
135
73
103
149
107

129
73
96
195
218
88
216
263
167
90
122
141

119
63
91
175
165
109
208
257
95
40
48
141
94

118
61
101
175
150
107
217
248
95
36
49
111
47

90
106
118
121
119
132
95

38
95
97
120
89
116

84

129
96

26

134
19

FUELS.

PIG IRON(MERCHANt)
ZINC
TIN
YELLOW PINE
MICHIGAN HARDWOOD8
MICHIGAN SOFTWOODS
OAK FLOORING
MAPLE FLOORING
SILICA BRICK

CONSTRUCTION
MATERIALS.

'FACE BRICK
CEMENT

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

BATHS (ENAMEL)
LAVATORIE8,( ENAMEL)
8INKS( ENAMEL)
ROBIN
TURPENTINE
MECHANICAL WOOD PULP
CHEMICAL WOOD PULP
NEWSPRINT (AT MILLS)
BOOK PAPER

PAPER.

WRAPPING PAPER
PAPER BOARD

Mechanical wood pulp.
Chenical wood p u l p . . .
Newsprint (at mills)...
Book paper
Wrapping paper
Paper board
Fine paper

FINE PAPER
.OTHER-AGRICULTURAL PRODUCTS

TOBACCO (TOTAL)
FLAX SEED

I

I

I

I I

MAXIMUM SINCE (919

•

1919

Tobacco (total)
Flaxseed

FEBRUARY*

STOCKS OF COMMODITIES COMPARED WITH PRE-WAB.
(Taken at the end of each month.)
RELATIVE STOCKS

1920
average.

Cementa
Tohap/v)
Flaxseed

1921
average.

1922
average.

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

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

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

i Relative to 1914.




9

194
607
371
63
171
211
71
148
167
312
123
145
6

Feb.
264
356
159
58
156
243
37
27
111
281
121
2

Relative to stocks at end of 1913.

132
1,578

19

102 117
550 1,242

116
167

149

Index number less than 1.
a On 15th of month.
a Relative to stocks at end of 1919
< Relative to season beginning Apr. 1, 1919.

SALES.

1928
Mar.

210
533
405
77
187
199
72
158
76
321
126

95
121
112
114
99

1

(1913=100).

1922
Feb.

108
99
125
115
101
117
101

143
138
175
131
130
132
112

OTHER AGRICULTURAL
PRODUCTS.

MARCH 1923
M I N I M U M SINCE

Wheat (visible)
Corn (visible)
Oats (visible)
Coffee
Cotton (total)
Crude petroleum
Pig iron (merchant) *..
Zinc .
Tin
. ..

55
81
123
79
29
21
34
41
13

Mar.
249
317
138
64
142
247
32
25
220
281
116
150
1

Orders for future production of commodities continue to increase. Of the 13 individual commodities
for which March sales figures are now available, all
but the 3 classes of enamelware showed increased sales
over February. Distribution through wholesalers
and retailers and the distributing services of advertising and postal transport also showed greatly increased activity. Except for the issue of new bonds,
security sales were considerably higher than in February.

10
Compared with a year ago the 13 individual commodities and the 6 distribution movements and services for which March figures are available all show
large increases, while, among the securities, increases
occurred in stocks and life insurance, but sales and new
issues of bonds declined.
COMPARISON OF SALES IN DIFFERENT LINES OF BUSINESS.
RELATIVE SALES (1919=100).

Maximum
since
end
of
1919.

1923
1922
Minimum
1921 1922
since 1920 aver- averend
age.
of
Feb. Mar. Feb. Mar.
1919.

INDIVIDUAL
COMMODITIES.

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

97
333
104
53
73
65
34
54
36
77
120

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

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

61
725
91
70
93
81
52
136
57
97
70
44

119
600
162
91
130
108
52
199
87
122
84
53

216
390 2,125
167 199
186 167
212 201
190 169

40
5
71
106
47

111
26
127
148
114

65
81
89
121
73

105
81
121
119
91

84
45
109
106
78

106
72
122
140
87

127
86
126
118
118

147

118

87
71
124

95
77
141

90
61
101

95
80
119

110
88
118

114
110
164

113
123
120

113
147
106

124
163
111

150
91

132
160
107

126
168
108

152

135
162

109
122

98
110

91
113

82
119

110

144
129

122
114

78
103

83
108

91
112

106
100

122
125

110
178
152

72
105
100
120

55
94
184
102

83
111
163
114

87
136
196
122

87
81
113
116

85
109
150

351
Pig iron (merchant)
2,125
Freight cars
199
Structural steel
215
Baths, enamel
262
Lavatories, enamel
222
Sinks, enamel
205
Sanitary pottery
336
Oak flooring
135
Maple flooring
167
Redwood lumber
193
Clay fire brick
129
Leather belting
Abrasive paper and
cloth
148
129
Fine cotton goods
147
Paper
168
Printingi
l
147
Optical goods

284
113
149
131
62

336
129
167
193
73
99

DISTRIBUTION
MOVEMENT.

Wholesalers'
Mail-order houses 1
Chain stores l

114
136
280

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

159
169
125

95
114

SECURITIES.

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

Items based on value.

2

62
100
139
103

Relative proportion of order's to total transactions.

PRICES.

Farmers' prices for crops continued to advance in
March and rose to 34 per cent above the 1913 average,
but the index of live-stock prices received by farmers
declined during the month to within 6 per cent of
the pre-war average.
The wholesale price index of the Department of
Labor increased from 157 to 159, due principally to
metals, building materials and chemicals. The fuel
and lighting group again declined. The Federal
Reserve Board's regrouping shows no change in raw
products, due to the decline in mineral products, but
a slight increase in consumers' goods and a 5 per cent
advance in producers' goods. The Reserve Board's
index for international comparison rose from 166 to
169 in March, with substantial increases in the prices
of both imported and exported goods. Dun's index
number increased from 158 to 160, while Bradstreet's
remained unchanged at 151.




The retail food index remained unchanged in March
at 42 per cent above the 1913 level.
Taking up the individual prices shown in the diagram and table on pages 4 and 5, farm prices declined
for only one commodity, hogs, while potatoes made
an especially large increase. The market price of
farm products, however, in general declined, with
cotton and hogs the chief exceptions. Manufactured
food products advanced, except pork and carcass beef,
while flour was practically stationary. In the clothing
group, cotton goods and woolen dress goods advanced,
while other items were unchanged or declined slightly.
Coke and petroleum advanced in price, while coal was
unchanged. The metal group showed pronounced
advances throughout, while lumber also made a good
advance. Brick, cement, and sulphuric acid showed
little change, and rubber declined. The greatest
relative advances occurred in sugar, tin, potatoes,
iron, steel, copper, and Douglas fir lumber, all over
10 per cent, while rubber with a decline of 5.3 per
cent showed the greatest decrease.
TEXTILES.

Wool consumption in March was about 8£ per cent
higher than in February but slightly lower than in
January. Machinery activity was also considerably
greater than in February. Wool receipts at Boston
were the highest since last July, with foreign receipts
the highest since March, 1921. The average price of
raw wool to the producer rose to over 37 cents, the
highest recorded since June, 1920, while among the
wool products an increase in the price of dress goods
was the only change. Imports of wool for January
were the highest since April, 1921.
Consumption of cotton by textile mills in March
broke all records, and at 623,105 bales was about
8,000 greater than in May, 1917, the previous high
month. Mill stocks of cotton for March 31 were
greater than those held on the last day of February
while warehouse stocks continued to decline, and the
total stocks of 4,413,000 bales at the end of March
were the lowest reported for this season of the year
EXPORTS AND CONSUMPTION OF COTTON.
I.OOO
900

11
since 1914. More spindles were active in March
than in February, the March activity making a record
of 255 hours per spindle. Exports of raw cotton declined to 318,210 bales in March. Imports of cotton,
exclusive of linters, declined to 53,219 bales. Fabric
consumption by tire manufacturers in February was
the highest on record since such data have become
available. Prices of cotton and cotton goods made
substantial advances during March.

highest since February, 1920. The forward business
of these furnaces as represented by their unfilled
orders was the largest since October, 1920, and represents approximately four months' production based
upon the March rate.
PRODUCTION OF PIG IRON AND STEEL INGOTS AND U. S. STEEL
CORP.'S UNFILLED ORDERS.

STOCKS OF COTTON: NUMBER OF J)AYS' SUPPLY AT DAILY RATE
OF CONSUMPTION.

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According to a special report of the Department of
Agriculture, it is estimated that the cotton acreage
intended to be planted in 1923, will be 12 per cent
greater than the 1922 acreage and 9 per cent greater
than the average for the past 5 years.
Silk deliveries to mills declined from February and
stocks of raw silk again decreased. The price of silk
declined.
IRON AND STEEL.




11923

LOCOMOTIVE SHIPMENTS AND UNFILLED ORDERS.

160

Pig-iron production broke all previous records in
March at 3,521,275 tons, and steel-ingot production,
allowing for companies not reporting, amounted to
3,888,897 tons, the highest since March, 1920. Unfilled orders of the United States Steel Corporation
increased to 7,403,000 tons, the highest since January,
1921. Unfilled orders for locomotives increased to
2,316, a new high record, and freight-car orders were
the largest in recent years.
The productive activity of merchant pig-iron furnaces was greater than at any time since the end of
1921, while the sales of merchant pig iron were the

1922

1920

1921

12
Bookings of commercial steel castings amounted to
143,564 tons, the highest on record and equal to 148
per cent of plant capacity. Railway specialties were
booked to double the capacity of shops devoted to
this class of castings, while miscellaneous bookings
were 115 per cent of capacity.
Sales of fabricated structural steel again advanced
in March, reaching 95 per cent of plant capacity.
The following figures compiled by the Bureau of the
Census show the total tonnage booked during the
past 12 months by 168 firms, with a monthly capacity
of 225,155 tons, and the estimated total sales for the
United States based on a capacity of 250,000 tons per
month at the rate of sales to capacity of the reporting firms.
BOOKINGS OF FABRICATED STRUCTURAL STEEL.

YEAR AND MONTH.

Actual
tonnage
booked.

Per cent Estimated
total
of
capacity. bookings.

NONFERROUS METALS.

Copper production rose to 122,194,000 pounds in
March, exceeding previous figures for over two years,
and the price advanced to 17 cents per pound.
Zinc production at 97,462,000 pounds was the highest
since 1917, while stocks on March 31 were close to the
lowest on record. The movement of zinc at St. Louis
increased and the price of slab zinc rose.
Stocks of tin almost doubled in March and were
the highest since May, 1920. The price of tin advanced.
The movement of lead at St. Louis increased and the
price continued to advance in March.
FUELS.

Production of coal and coke increased in March,
with anthracite production the largest since 1918, and
both kinds of coke exceeding previous monthly figures
since 1920. The bituminous output was slightly
less than in January.
PRODUCTION OF BITUMINOUS AND ANTHRACITE COAL.

1922.
198,228
182,112
163,615
154,547
153,797
144,519
129,816
109,435
130,853

April
May
June
July..
August
September
October .
November
December

SS
81
73
69
68
64
58
49
58

220,000
202,500
182,500
172,500
170,000
160,000
145,000
122,500
145,000

U68,227
2 178,822
3 210,716

75
80
95

197,500
200,000
237,500

/">

\

1923.
January
February
March

1 Reported by 166 firms with a capacity of 224,455 tons.
2 Reported by 166 firms with a capacity of 224,755 tons,
a Reported by 153 firms with a capacity of 220,790 tons.

Meltings of gray iron foundries in Ohio rose from 68
per cent of normal in February to 83 per cent in March.
Sheet production in independent mills rose to almost
93 per cent of capacity. Shipments of sheets exceeded
production, and sales in turn exceeded shipments, all
three items making new high records, except for
sales in December, 1922. Unfilled orders for sheets
were the highest since December, 1920, and unsold
stocks the lowest since that date.
Sales of stokers increased slightly but were less
than in March, 1922, measured by horsepower.
Shipments of steel furniture were the largest in value
since October, 1920.
Production of steel barrels at 48 per cent of capacity
and unfilled orders at 627,143 barrels at the end of
March both were the largest on record, while shipments were slightly smaller than the high mark of
last June.1
i The Steel Barrel Manufacturers' Association has entered into cooperative
arrangements with the Department of Commerce for the wider distribution of the
statistics compiled and issued by that association. The statistics are issued daily
and monthly and cover the sales, production, shipments, and unfilled orders of
steel barrels and drums specified by kind and size; shipments are distributed by
states. Persons desiring to obtain this service may either apply direct to the secretary of the association, 1428 Bulkley Building, Cleveland, Ohio, from whom a statement of the subscription charges for the various reports may be obtained; or, if they
prefer, may send their names to the Survey of Current Business for forwarding to
the association.




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1923

Exports of coal and coke showed a decline in February and storage of anthracite was about the same as in
January. Prices of coal and coke showed little change
in March.
The production of petroleum continued to brfcak
records in March, with an output of 56,132,000 barrels.
Stocks again rose, but represented a smaller number
of days' supply, due to the rise in consumption. The
price of crude petroleum rose and more oil wells were
completed than in February.
Gasoline production in February, according to
figures just made available, amounted to 568,652,078
gallons, a slight decline from January, but more than
40 per cent larger than in February, 1922. Stocks
of gasoline reached a new high record at 1,130,340,767
gallons. Production on a daily average was one per
cent greater than in January, while consumption
on this basis was almost 7 per cent less.

13
PRODUCTION OF BEEHIVE AND BY-PRODUCT COZE.

AUTOMOBILES.

The output of automobiles made a new high record
in March with 318,424 passenger cars and 34,593
trucks. Internal revenue tax collections increased
in March on passenger cars and trucks, but declined
on accessories; passenger car taxes were the highest
collected since December, 1920.

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BUTTONS.

Reports furnished to the Department of Commerce
by the National Association of Button Manufacturers
show the following weekly comparisons regarding
stocks of finished fresh-water pearl buttons and
machinery activity by 17 companies representing
95.2 per cent of the machine capacity of the association members.0

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STOCKS ON HAND (GROSS).

WEEK ENDING—
1922

1821

1923

Production figures for kerosene, lubricating oil and
gas and fuel oils were considerably larger than in
February, 1922, while stocks were smaller.
Production and shipments of newsprint paper made
a considerable increase in March and consumption
by publishers was almost as great as the record made
last October. Stocks declined in all positions and the
price of newsprint, except Canadian, advanced over
the February quotations.
PRODUCTION AND STOCKS OP NEWSPRINT PAPER.

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

M3.6
!52.1
^2,1
153.2

33.8
45.1
51.4
51.4

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

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

54.2
54,2
54.5
52.1

51.1
51.1
49.5
49.8

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

11,909,903
11,895,817
11,941,118
12,000.472
12,020,933

53.1
!51.0
53.3
54.2
52.8

49.0
48.7
48.6
50.3
50.5

13,344,945
13,357,190
113,455,624

11,988,674
12,082,463
12,161,789

54.0
54.8
155.6

50.2
50.1
48.5

.

BUILDING CONSTRUCTION.

260

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CO

120

12,100,792

1 Based on reports from 16 firms.

320

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19221

13,832,294

13..
20
27...

10...
17
24...
March—
3...
10
17...
24...
31
April—
7.
14
21

1923

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

February—
3

PAPER AND PRINTING.

G

December 30 (previous year)..
January—
6

19221

PER CENT OF
MACHINE
ACTIVITY.

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1920

I

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i %1922 i
I

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Production of corrugated paper boxes in March was
the highest on record, but solid fibre board production
declined.
Activity of printing establishments and their
purchases and sales declined in February, but were
all considerably higher than a year ago.




The cost of building continued to rise in March and
averaged about 4 per cent greater than in February
and about 110 per cent above the pre-war average.
The contracts awarded in March for building in 27
northeastern states amounted to 64,920,000 square
feet, valued at $333,518,000. The volume of building awards was the largest in over three years, but
the value of the March awards was smaller than for
several months in 1922. Contracts for residential
buildings comprised over 60 per cent of the total
floor space and were over 7,000,000 square feet in
excess of any recent month. Business and industrial
building contracts for March were larger than in
March, 1922, but all public and semipublic buildings
showed a decline from a year ago.
Fire losses were slightly smaller than in February.
a The National Association of Button Manufacturers has entered into cooperative
arrangements with the Depatrment of Commerce for the wider distribution of the
statistics compiled and issued by that association. The statistics cover the quantity
and price of orders received, quantity of button stocks on hand, and machinery
activity weekly for freshwater pearl buttons specified by kind and grade. Persons
desiring to obtain this service may either apply direct to the secretary of the association, 1182 Broadway, New York City, or, if they prefer, may send their names to the
Survsy of Current Business for forwarding to the association. A limit sd number of
free copies is available for distribution by the association. If the demand for these
becomes greater than the supply, a charge will be made by the association sufficient
to cover merely the cost of distribution.

14
VOLUME OF BUILDING CONTRACTS AWARDED, BY CLASSES.

1920

1919

1921

BUILDING MATERIALS.

Production of all species of lumber was larger than
in March, 1922, by a good margin, while only Michigan
hardwoods showed a smaller output this year in
March than in February. Shipments in March were
greater than in either the previous month or the corresponding month last year. Stocks declined during
March except for Michigan softwoods. Prices of
lumber advanced.
Large increases occurred in March in the production, shipments, new orders, and unfilled orders for
both oak and maple flooring. In all cases, except
production of maple flooring, these figures are the
highest of any month in recent years. Stocks of
both kinds of flooring declined.
j

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1923.

Brick production made a good increase in March,
with clay fire brick the highest since 1919, and silica
brick the highest since March, 1920. Shipments exceeded production and stocks declined, except for




1923

face brick in both cases. Unfilled orders increased,
with face-brick orders the highest on record.
Cement production and shipments were about 50
per cent greater than a year ago, while stocks declined. Concrete paving contracts let in March
were smaller than in February and also less than a
year ago.
Shipments of sanitary enamel ware increased but
new orders declined for all classes. Stocks increased
in March, except for lavatories.
Reports from the Tubular Plumbing Goods Association0 show a large increase in sales in March,
totaling 470,717 pieces, valued at §445,999. Comparisons with previous months are shown on page 65.
HIDES AND LEATHER.

PRODUCTION AND STOCKS OF PORTLAND CEMENT.

14

1922

The production of sole leather increased in March
and exceeded any month of 1922. Increases also
occurred in the production of skivers and oak and
union harness. Production of boots and shoes
reached a level in March not previously attained since
statistics on this movement have become available.
Sales of belting rose and exceeded previous months
since October, 1920. Prices of hides declined, while
boots and shoes showed a similar tendency.
o The Tubular Plumbing Goods Association has completed cooperative arrangements with the Department of Commerce for the wider distribution of the statistics
compiled and issued by that association. These statistics are issued semi weekly
and cover manufacturers' sales, in 3-day intervals, of the classes of goods listed in
the accompanying table. The figures are given in much greater detail in the regular
reports, specifying the quantity subdivided by sizes, which have been sold in particular states, cities, or territories.
Persons desiring to obtain this service may do so by applying either to the secretary of the association at 25 Broad Street, New York City, or, if they prefer, may
send their names to the Survey of Current Business for forwarding to the association. If there is a large demand for these sheets, a charge will probably be made
by the association to cover the cost of printing and mailing.

15
OILS AND CHEMICALS.

OTHER CROPS.

Receipts of turpentine and rosin at southern ports
exceeded the March, 1922, receipts, while stocks on hand
were more than 20 per cent lower than a year ago.
The price-index numbers of the various classes of
chemicals all rose during March, especially crude
drugs. The price of sulphuric acid remained unchanged.
The production of cottonseed oil was less than in
March, 1922, but stocks of both cottonseed oil and
cotton seed were higher. The price of cottonseed oil
advanced rather sharply in March.
Receipts of flaxseed at Minneapolis and Duluth
were slightly heavier than in February, while stocks
were considerably lower than a year ago. Shipments
of linseed oil and oil cake from Minneapolis were
greater than a year ago.

Receipts and shipments of rice were considerably
less in March than a year ago but stocks were greater.
Carlot shipments of apples, potatoes, onions, and
citrus fruit were larger than in February or than in
March, 1922. Cold-storage holdings of apples made
a seasonal decline, still exceeding the corresponding
1922 figures.
Plantings of white potatoes intended for 1923 will
be 9.1 per cent less than the 1922 plantings, according
to the Department of Agriculture, while intended
sweet-potato plantings will be 2.5 per cent less.

CEREALS.
Wheat movement for March was about the same as
a year ago, but the visible supply was 28,000,000
bushels larger. The 1923 winter-wheat estimate of
572,000,000 bushels by the Department of Agriculture
on April 1 points to the smallest crop since 1918.
Prices of wheat and flour in general declined in March.
Wheat-flour production for February, figures for which
have just become available, was slightly higher than
a year ago, and consumption and stocks were also
greater.
Corn movement was much smaller than in March,
1922, and the visible supply was 20,000,000 bushels
less. Grindings increased slightly, but were still under
the figures for a year ago. The wholesale price of
corn increased during March.
The visible supply of oats was 60 per cent less than
the supply on March 31, 1922. Prices of oats rose,
while the prices of barley and rye declined.
Car loadings of grain and grain products declined
slightly, both as compared with February and with
March a year ago.
According to reports to the Department of Agriculture, intended planting of spring wheat will be 5.5
per cent less than last year's acreage, corn and oats
each will be 2.6 per cent greater, and barley 5.7 per
cent greater.
Reports furnished to the Department of Commerce
by the Iowa-Nebraska Canners' Association show
spot stocks of corn on March 31 as 2347302 cases,
while total future sales for the first quarter of the year
amounted to 869,225 cases.a
« The Iowa-Nebraska Canners7 Association has entered into cooperative arrangements with the Department of Commerce for the wider distribution of trade statistics collected, compiled, and issued by that association. These statistics cover periodic reports on acreage planted to sweet corn and the production, stocks, and sales
of canned corn. Persons desiring to obtain this service may either apply direct to
the secretary of the association, at Marshalltown, Iowa, or, if they prefer, may send
their names to the Survey of Current Business for forwarding to the association.
A limited number of free copies are available for distribution by the secretary of
the association. If the demand for these is greater than the supply, a charge will
be made by the association sufficient to cover merely the cost of distribution.




MEATS AND DAIRY PRODUCTS.
The movement and slaughter of live stock in
March was slightly less than a year ago for beef and
sheep but greater for hogs; slight exceptions to the
above trends occurred in the increased slaughter of
sheep and the smaller stocker and feeder shipments
of hogs.
INSPECTED SLAUGHTER, CONSUMPTION, AND COLD-STORAGE
HOLDINGS OF B E E F .

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460

400

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February slaughter of live stock was considerably
larger than a year ago and consumption of meat was
also larger. Exports of beef were slightly less than
in February, 1922, but pork exports were greater.
Cold-storage holdings of meats and dairy products at
the end of March were considerably in excess of stocks
held a year ago, except butter and eggs. Milk production in the Minneapolis district was much higher
than in March, 1922.
Receipts of dairy products were larger than a year
ago and prices were higher. Receipts of poultry also
were higher than last year, but the fish catch was.
smaller.

16
SUGAR AND COFFEE.

Meltings of sugar increased in March but were
slightly less than a year ago. Stocks of raw sugar at
refineries were slightly higher than at the end of
March, 1922. Prices of sugar continued to rise.
Receipts of sugar in Cuba were almost identical
with the March, 1922, receipts, but exports were considerably larger and stocks smaller than a year ago.

cent greater, indicating pronounced consumption of
raw materials.
PANAMA CANAL

TRAFFIC.

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The visible supply of coffee, both domestic and
world, was smaller than a year ago, and receipts in
Brazil were also less. A larger amount, however, was
cleared from Brazil to the United States.

0

SHORTAGE,

SURPLUS,

BAD-ORDER,
FREIGHT

TOBACCO.

RAILROAD TRANSPORTATION.

Freight-car loadings for March were not only the
greatest on record for this season of the year but on a
level not normally reached until about midsummer or
early fall. As compared with a year ago, the March
average loadings of ore were 150 per cent greater,
while coal and forest products were upward of 40 per




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WATER TRANSPORTATION.

Total cargo traffic through the Panama Canal was
slightly less in February than in January, but the
average daily traffic was greater and the amount
carried in American vessels surpassed previous months
in this respect. The Sault Ste. Marie and Erie Canals
were still closed to navigation in March.
Movement of vessels in foreign trade through American ports was about the same as a year ago, but the
proportion of American ships was considerably smaller.
Ocean freight rates to Europe advanced slightly after
a succession of declines, but the rate to Great Britain
still declined slightly.

AND TOTAL LOADINGS

CARS.

y

Increases took place in March in the output of
manufactured tobacco products, as indicated by taxpaid withdrawals, but, except for cigars, the March
figures were lower than for January. Stocks of unmanufactured tobacco at the end of March were
higher than a year ago.

3<
| 1923

1922

1921

1920

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192

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17
March witnessed a reduction in both the surplus
and shortage of freight cars, especially the latter,
indicating a better distribution of railway equipment
for traffic requirements, as well as reducing the average daily net shortage from 65,000 to less than 55,000
cars. The number of bad-order cars was reduced to
the lowest point in two years.
Railway operatingfiguresfor February show declines
in both revenues and expenses, with net operating
income smaller than a year ago. Pullman passenger
traffic in March was greater than a year ago.

SALES OP MAIL-ORDER H O U S E S AND CHAIN TEN-CENT STORES.

LABOR.

Employment in factories continued to increase in
March, snowing a gain of 27 per cent over a year ago
in 1,428 representative firms throughout the United
States.
Unemployment figures for Pennsylvania
again declined, with a decrease of 94 per cent from a
year ago.
FACTORY EMPLOYMENT.
140

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120
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1922
I 1923
February reports of state and municipal employment agencies show a decline in workers registered and
an increase in positions available. Applicants exceeded jobs offered by only 5 per cent in. February.
Immigration increased slightly and emigration was
the lowest in recent years.
1924

DISTRIBUTION.

An increase of 25 per cent in mail-order house sales
brought the March total above any month back to
March, 1920. Chain-store sales were 39 per cent
greater than in February and made a record for any
month outside of the December holiday trade. Candy
sales increased slightly in March but were much less
than in January, owing, no doubt, to the Lenten
season.
43622°—23




2

PUBLIC FINANCE.

A very slight increase again occurred in the total
interest-bearing debt of the Government, but Liberty
bonds outstanding decreased slightly. Customs receipts made a new high record of $62,172,000 and
total ordinary receipts were $90,000,000 in excess
of the March figures last year, including the incometax payments. Government disbursements were less
than a year ago. Per capita money circulation again
increased.
BANKING AND FINANCE.

1921 A VERAGE

90

I

Large increases occurred in March in magazine and
newspaper advertising in postal receipts and in theater
receipts. Both magazine and newspaper advertising
made new high records since 1920.

Debits and bank clearings were about 17 per cent
larger than in February, with about the same relative
increase in New York City as outside. Compared with
a year ago, New York City debits increased about 10
per cent and clearings about 5 per cent, but in outside
cities the increases were about 13 and 21 per cent,
respectively.
In the Federal Reserve banks there was an increase
in discounts and a decline in investments. Note
circulation, total reserves, and the reserve ratio
declined slightly, while deposits increased. Member
banks increased both their loans and their investments,
while demand deposits declined. Interest rates rose
to 5 per cent for both call and time money.
Savings deposits continued to increase, with a gain
of about 1 per cent during the month. All districts
except Boston, Minneapolis, and Kansas City showed
a gain over February, and postal savings also increased
slightly.
Life-insurance sales made a large increase over
February and two of the three classes established new
high records.

18
BILLS DISCOUNTED AND TOTAL INVESTMENTS OF FEDERAL
RESERVE BANKS.

24

incorporations declined perceptibly from both the
previous month and the corresponding month last
year.
In a larger volume of sales, prices of industrial
stocks advanced and railroad stocks declined slightly.
Bond sales also increased in March but prices declined
throughout all groups.

\

NUMBER OF BUSINESS FAILURES AND AMOUNT OF DEFAULTED
LIABILITIES.

§ 20
u.
o
CO

I

\

3.000

\

l6

ft

2.700

It

12

; 2.100

1

CO

Q
UJ
CC
Q

2.400

>

* /

"Vi.

D

A

\

I i

80

16

70

8

30

6

20

a
Q.
<

_
J

D
->

•

11923

i

g

I

K

i

i

i

i

i

i

|

i•

i §

1913

JULY

i \

1%
Z

i

i\

\

\

i

i

I 1933

S '• 1 i
I

2

0

<
"»

4

10

z

H

O
O

10

40

f

J

D
•a

IP20

1

12

60

f

14

60

i

^
o
1921
I
1922
1920
INTEREST RATES AND BOND PRICES.

1

BONO INDEX
NUMBER

INTEREST RATES
PER CENT

<

V/

0

GOLD AND SILVER.

NO

Pf ,ie»

v

\
\

Business failures were slightly larger in March and
defaulted liabilities increased 19 per cent. Dividend
payments for all classes of corporations were higher
than a year ago, as were interest payments, but new




Domestic gold receipts declined in March but both
imports and exports increased, the import balance
being reduced to $5,559,000. Silver production made
a noticeable increase, while imports and exports
almost balanced. The price of silver advanced.
FOREIGN EXCHANGE AND TRADE.

Little change occurred in the foreign exchanges in
March, the chief increases occurring in the exchanges
of Chile, France, Italy, and Belgium, while Brazil
showed the greatest decline. The general index was
unchanged.
Exports from the United States in March amounted
to $350,000,000, the highest since last November.

19
EXPORTS FROM THE UNITED STATES AND THE UNITED KINGDOM.

400

r h
f

300
CO
DC
111

#

i r

m

\

/

>

Z 200

US
Q

*A

z

" ^

i

100

/

A.

V

13 AVERAG E

1920

1921

1922

1923

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

IMPORTS OF SPECIFIED COMMODITIES.

January,
1923.

GRAND TOTAL IMPORTS
FOODSTUFFS:

Rice
Coffee
Tea
Sugar
Vegetable oils

HIDES AND SKINS:

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

TEXTILES:

Cotton
Wool
Silk
Fiber
Burlap

RUBBER
METALS:

Iron and steel
Tin

PAPER:

Mechanical wood pulp.
Chemical wood p u l p . . .
Newspaper print

CHEMICALS:

Potash
Nitrate of soda




January,
1922.

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

CUMULATIVE TOTAL FROM
JULY 1.

1922-23

1921-22

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

thous. of dolls..

319,000

217,185

+46.9

2,012,110

1,405,857

+43.1

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

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

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

+38.0
-3.1
+25.4
-23.8
+28.6

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

44,848
717,404
57,921
1,379,777
233,133

-10.3
+0.6
+22.0
+35.2
+45.6

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

59,327
33,126
4,596
<9,397
8,854

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

+113.2
+ 108.0
+102.3
+ 192.5
+60.1

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

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

+89.5
+ 131.4
+58.6
+71.3
+1.5

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

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

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

+150.0
+154.2
+22.0
+222.4
1
+61.5

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

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

+38.0
+164.7
+5.0
+84.2
+17.7

thous. of lbs.

82,653

54,011

+53.0

446,735

307,327

+45.6

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

119
13,165

13
9,103

+815.4
+44.6

728
82,119

82
41,784

+787.8
+96.5

.short tons.
..short tons,
.short tons.

30,447
116,426
106,988

20,920
95,525
82,482

+45.5
+21.9
+29.7

166,189
753,620
650,294

172,011
491,359
524,594

-3.4
+53.4
+24.0

..long tons.
..long tons.

20,409
109,064

17,591
9,470

+16.0
+1,051.7

136,497
453,983

90,275
117,196

+51.2
+287.4

20
MONTHLY INDEXES OF UNFILLED ORDERS AND STOCKS.
The availability of accurate data, covering the past
three or four years,, on unfilled orders and stocks of
basic commodities and the growing need for such
indexes as may sensitively reflect the situation in
industry has led the Department of Commerce, supplementing its production index, to compile similar
indexes for unfilled orders and stocks.
In compiling these index numbers we have taken the
data published regularly as a part of the Survey of
Current Business. Data on stocks and unfilled orders
are lacking for many of the items on which we have
production figures, so that these index numbers are
not as accurate, but it is believed that the trends can
be shown well enough for all practical purposes.
It is interesting to note that stocks at the end of
February were, with the exception of four months

last summer, the lowest since September, 1920. On
the other hand, unfilled orders were the highest since
August, 1920. The accompanying diagram shows
graphically the relation between these two items and
production. For purposes of this graphic comparison
the indexes on production and stocks have been
recomputed to a 1920 base. The high point in stocks
on hand during the past depression occurred in March,
1921, while the low point for production was reached
in July and that for unfilled orders in August, 1921.
Maximum stocks went to over 50 per cent above the
1919 average, while production at the minimum
declined about 25 per cent and unfilled orders about 60
per cent from their respective averages in 1919 and
1920.

RELATIVE PRODUCTION, STOCKS AND UNFILLED ORDERS IN BASIC INDUSTRIES.




1922

I J923

21
UNFILLED-ORDER INDEX.

This index is based upon the following eight items:
Unfilled orders for steel (United States Steel Corporation), locomotives, merchant pig iron, steel sheets
(independent steel mills), maple flooring, oak flooring,
clay fire brick, and face brick. The index is formed
by weighting each item arithmetically, as far as possible, by the value added to it in the process of manufacture in 1919, as ascertained by the Census of Manufactures. The average unfilled orders in 1920 is taken
as 100 in calculating relative figures. The following
table lists the items included in this index with their
respective weights:

Weight
used.

INDUSTRY OR PRODUCT.

Cotton (total)
Merchant pig iron
L u m b e r (includes yellow pine, California w h i t e pine, Michigan hardwoods, Michigan softwoods, having a total weighting of 46, a n d oak
a n d maple flooring, h a v i n g a weighting of 10), total weighting
P a p e r a n d p n l p (include mechanical wood p u l p , chemical wood p u l p ,
having a weighting of 5, a n d n e w s p r i n t , book, fine, a n d wrapping
paper a n d paper board, h a v i n g a weighting of i t ) , total weighting...
Oils a n d naval stores (include kerosene, gas, a n d fuel oils a n d lubricating oil, h-iving a weighting of 19, a n d rosin, t u r p e n t i n e , flaxseed,
and cottonseed oil, w i t h a weighting of 7), total weighting
Brick a n d enamel ware (include clay fire a n d face brick, w i t h a total
weighting of 7, a n d lavatories, b a t h s , sinks, a n d miscellaneous
enamel ware,, having a weighting of 4) total weighting
Nonferrous metals (include zinc a n d t i n ) , w i t h a weighting of
Total weighting

56
16
26
11
168

The index is formed by weighting each item or
series of items arithmetically, as far as possible, by
the value added to it in the process of manufcture in
4
Locomotives
1919, as ascertained by the Census of Manufactures
9
Merchant pig iron
57
Steel (independent sheets and United States Steel Corporation).
for the year 1919. The average stocks in 1919 is
10
Maple and oak flooring
7
Face and clay fire brick
taken as 100 in calculating relative figures.
87
Total weighting
The following table gives the monthly indexes of
unfilled orders and stocks from January, 1920, to
INDEX OF STOCKS ON HAND.
date. The stock index, because of its more compreThis index is based upon the 31 individual items hensive nature, is divided into various group index
shown by groups with their respective weights in the numbers, while the unfilled-order index represents the
combined total of 8 commodities.
table at the top of next column:




INDUSTRY OR PRODUCT.

Weight
used.

PRODUCTION, STOCKS AND WHOLESALE PRICES.

1923

22
INDEX NUMBERS OF STOCKS AND UNFILLED ORDERS.
UNFILLED
ORDERS.

STOCKS.

By groups.
Total.
Cotton.

Pig iron.

Lumber.

Paper
and pulp.

Brick
Oils
and naval and enamel
stores.
ware.

Nonferrous ;
metals.

Total,
index.

Relative
to 1920. !

Relative to 1919.
100.0
254.2
225.3 |
195.3

100.0
107.5
139.7
115.8

100.0
9S. 7
125. 7
97.1

100.0
60.2
132.1
67.3

100.0
115.9
141.9
128.9

100.0
82.8
109.8
103.2

100.0
112.2
173.7
132.1

100.0
83.6
107. 5
100.6

100.6
98.0
93.3
94.6

117.7
111.3
105. 0
98.7

57.4
59.9
48.8
60.2

84.7
83.8
87.3
93.8

75.6
79.6
74.6
81.2

100.6
93 2
87.8
84.7

86.8
87.5
87.9
92.8

2*0.3
278.8
214.7
204.5

104.0
110.3
111.9
113.8

May
June
Julv
August

101.8
99.3
95. 7
101.2

88.3
79.4
70.3
63.7

62.5
61.4
58.8
49.2

100.3
111.9
120.9
131.5

82.8
83.4
83.2
83.0

93.2
95.9
96.5
105.2

92.5
89.5
84 4
80.9

378.0
259.3
152.3
240.8

115.5
111.7
107.4
101.7

September
October..
November
December

109.3
121.7
132.9
142.0

76.2
104.5
128.1
141.7

39.1
50.8
68.3
105.4

135. 5
146.0
146.6
149.2

81.5
82.8
89.0
97.3

125.6
137.9
158.1
167.4

73.3
70.5
73 9
82.5

2,83.2
255. 2
252.2
2.50.8

94.7
86.6
75 7
66.3

January
February
March
April

147.4
151.7
152.2
146.8

142.4
140.7
135. 8
130. 7

138.4
136.0
142.6
146.4

149.3
149.6
150.3
145. 9

106.9
113.1
120.9
12.5.6

182.0
189.5
188.9
184.4

94 8
104.2
112.7
110.4

234.7
302.3
301.5
232.8

60.3
55.4
50.2
48.0

May
June
July..
August

143.1
142.1
136.4
130.3

124.0
113.4
99.6
92.1

144.2
145.3
146.1
132.7

141.9
147.9
147.4
146.8

122.7
117.1
111.9
109.2

181.5
181.2
171.3
164.8

107 7
111.1
111.5
111.9

245.2
247.2
247.8
192.7

46.8
44.7
41.8
40.3

September
October
November
December

131.0
132. 4
130. 9
132. 9

111.9
131. 5
143.2
143.1

124.6
108.6
106.3
114.0

137. 2
132.6
124.2
130.3

102.6
95.8
95.1
96.4

166.2
162.5
162 6
150.1

108 2
101 1
104 8
112 0

187.5
197.0
146 2
170.5

41
43
43
42

129.6
126.6
125.4
117.2

129.6
119.7
109.4
96.3

120.7
113.7
112.2
92.6

136.3
137.8
133.2
127.3

98.3
101.4
105.5
105.1

142.5
136.2
125.7
124.0

107 9
110.0
117 8
111.5

145 7
149.3 !
2-56.3
225.3

41 2
41.1
47 2
57.6

May...
June
July
August

106.1
104.0
103.0
99.6

82.0
67.7
53! 1

69.4
64.3
50.9
33.1

117.2
120.2
121.7
123.8

122.0
122.3
121.8
121.6

63.0
65 6
65.8
66.9

106.4
122.9
124.1
125.3

88.3
117.7
122.0
123.6

31.3
32.6
39.0
48.1

125.7
135. 7
134.9
132.8

133.0
145 9
149.8
140.3

104.1
98 8
94.1
92.8
88.5
90 8
94.2
97.9

162.2
182 0
263.0
203.5

September
October
Novembrr
December

108.9
113.8
112.1
109.8
103.0
97.6
91.8
91.1

97.8
203 8
194.7
259.5

72.1
71 8
71.3
74.9

119.3
110.5
110.2

112.7
99.4
90.9

57.2
57.9
51.2

12a 5
123.5
119.6

92.7
93.4
92.4

129.0
125. 8
119.2

102.0
102.2
101.7

235.0
144.7
276.0

84.5
93.2
100.5

1919 monthly average
1920 monthly average
1921 monthly avera?o
1922 monthly average

January
February
March
April
..

1920.

1921.

January
February.
•March
April

1922.

1923.
January..
February.
March




100.0
46.5
61.6

0
7
9
1

23

INDEX NUMBERS OF PRODUCTION AND MARKETING.
In recent numbers of the Survey there have been
published detailed discussions of certain index numbers of production and 'marketing dealing particularly
with raw materials. The following tables give the
recent figures for each of these index numbers, compared with the corresponding months of 1922. The
methods of compiling these indices and the weighting
factors used are discussed in detail in the issues of the
Survey referred to.
INDEX OF FORESTRY PRODUCTION.1
(Relative production 1919=100.)
1928

1922
Jan.

110.3

102.6

115.6

101.3

46.6
109.1
142.9
57.8
94.6

67.4
98.8
92.2
61.6
84.3

»58.2
115.0
108.3
79.8
113.3

51.7
109.4
128.3
65.7
112.1

Distilled wood
Grand total

87.8

Total

75.2
69 0
96 7
61.8
86 4
75.8
123.7
101.9

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

102.7
139.8
175.1
80.9
119.6

88.8

100.4

94.4

a 107. 8

97.6

123.8

109.7
53.6
83.7

90.4
184.3
148.5

98.4
98.2
150.7

63.9
123.1

64.3

85.7

Pulp wood

Feb.

124.6

32.3
109.5
95.5
38.9
68.7
76.2
47.9
71.6

,---

99.3

98.1

106.9

200
180

102.5

118.7

113.4

95.4

113.6

61.1
79.0
91.3
64.7
163.9
66.6
107.3
117.9

44.1
88.9
133.9
66.9
40.9
370.9
54.8
115.0

37.7
91.4
142.0
72.2
71.8
220.8
45.4
115.9

33.6
69.5
120.1
60.3
80.3
119.3
67.1
106.9

52.4
73.2
131.8
63.1
178.8
86.6
89.4
122.5

Feb.

Mar.

1923

1922
Feb.

Mar.

Dec.

Jan.

Feb.

Mar.

96.3

77.8

141.3

114.5

73.4

389 0
72.1
93 0
30.4
39.8
162.9

207.0
64.2
79.6
42.5
81.6
213.6

249.9
143.9
108.8
54.4
178.6
208.8

250.5
119.4
117.5
48.7
179.9
156.3

208.6
68.6
83.2
33.0
119.1
64.4

174.9
69.1
96.4
43.9
64.9
64.9

Total grains

151.6

104.9

168.2

152.2

103.8

96.5

90.4
133.5
44.3
58 7
145 8
259.0

148.2
133.9
216.5
41.6
200.9
327.7

77.2
176.6
5.4
87.7
113.9
399.8

109.8
179.6
11.4
109.7
136.4
351.8

91.7
145.3
74.9
80.3
104.8
340.4

152.7
149.4
187.8
81.2
123.7
466.9

93.6

154.3

85.8

112.0

98.6

157.6

Grand total
Corn
Wheat
Oats.
Barley
Rye
Rice

.

. . .

Total vegetables

f\

Jan.

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

(Average monthly marketings 1919=100.)

68.9

1919 / VVER/ GE

43.2

121.1

120.2

92.1

77.4

128.5

180.2

198.3
0.4
13.1

204.6

0.1

183.7
8.1
12.4

178.9

05

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

4.3

15.6

36.4

10.8

61.6

74.8

57.5

61.0

90.8

93.7

81.3

82.3

45.5
38.5

51.1
18.5

143.7
107.0

83.0
60.5

39.0
37.2

16.3

44.5

46.3

138.3

79.7

38.7

.

60.6
91.0
35.7
35.5

56.9
23.9
49.8
11.1

71.4
85.9
155.1
562.0

69.1
69.9
79.9
415.7

57.2
42.6
39.6
18.5

Total miscellaneous

*

74.2

35.6

118.1

95.3

45.9

Totalfruits

"1920

60

Dec.

(Relative production 1919-100.)

I N D E X NUMBERS OP MARKETINGS OF ANIMAL PRODUCTS.

z

Mar.

I N D E X OF C R O P MARKETINGS.1

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

x

1923

1922

Mar.

Feb.

Dec.

97.5

Total lumber. ..

(Relative marketings 1919=100.)

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

Mar.

Feb.

Western and sugar pine and
white fir
Douglas fir
Redwood .
Hemlock
Maple, birch, and beech

INDEX OF MARKETINGS OF ANIMAL PRODUCTS.1

/

Cotton.
Cotton seed
Total cotton products—
Hay...
Tobacco .
Flaxseed
Cane sugar

DC
<




<

<

o
o

O

z

1

69.1
50.7
8.9

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

24
INDEX NUMBERS OF MANUFACTURING PRODUCTION.1

I N D E X OF M I N E R A L P R O D U C T I O N . 1

(Relative production 1919=100.)
1922
1922
Feb.

1923

Mar.

Dec.

Jan.

Feb.
Mar.

Feb.

116.2

119.7

2 124.3

106.5

125.8

147.9
131.5
119.3

153.5
110.4
75.2

173.0
122.6
121.2

58.1
113.0
70.1
71.7
88.6

159 0
121.7
114.8
0.3
97.6
132.2
215.8
84.2
107.0

163.2
131.3
118.7

34.9
113.5
59.6
67.6
82.1

2 104.8 2 95.7
2 137.0 2 126.2
122.9 112.6
70 5
73.4
109.9 100.1

114.0
146.9
129.3
65.5
129.4

96.5

117.3

120.3

2 125.2

126.4

106.9

1
For complete table and discussion, see September, 1922 (No. 13), issue of the
Survey.
8
Revised.

I N D E X OF M I N E R A L PRODUCTION.1

1923
Dec.

Jan.

Feb.

Mar.

99.1

120.8

129.9

132.9

114.4

134.7

258.0
141.3
121.7

284.7
141.1
121.0

267.8
118.7
76.7

310.5
131.8
123.6

65.2
124.5
112.1
45.5
82.9

277.4
130.8
117.1
0.3
109.5
145.7
344.8
53.4
100.1

128.1

136.9

39.1
125.2
95.2
42.9
76.8

Total, excluding lead,
gold, and silver

103.9

2

117.5 107.3
150.9 2 139.0
196.3 179.9
44.7
46.6
93.7
102.8
140.9

120.2

127.8
161.9
206.6
41.6
121.1

S

142.5

2

2

107.3
85.0
105.4
2 50.0
2 80.6
« 43.3
2 32.0
104.0
2 61.0
91.8

2

2

2

93.9
87.1
164.6
65.7
107.2
67.6
61.7
123.5
52.0
195.9

124.6
99.6
69.9
2 45.1
2 89.8
2 42.7
2 34.7
84.2
68.5
153.7

128.2
91.4
77.2
2 45.0
2 95.0
2 45.0
2 35.0
107.7
«66.3
166.0

86.3

95.3

95.8
116.8

105.4
131.2

107.0
126.8

123.7
137.6

114.9
125.8

126.3
135.4

103.2

114.5

114.0

128.6

118.8

129.5

64.0
71.0
19.7

79.8
96.5
17.5

121.1
113.2
94.2

126.7
132.4
102.7

117.5
118.8
92.8

138.2
138.5
126.5

67.2

89.8

113.1

130.0

117.2

140.4

88.8
131.9

100.4
146.9

94.4
184.3

•107.8
206.5

97.6
177.5

123.8
221.3

Total

96.5

108.7

110.4

3 125.3

111.9

141.2

78.1
90.4

78.5
107.8

76.0
101.1

88.2
110.9

77.2
109.8

TEXTILES:

Cotton (consumption)
Wool (consumption)
Total

LEATHER:

Sole leather
Boots and shoes
Total

PAPER AND PRINTING:

Wood pulp
Paper
Printing (paper purchases).
Consumption by printers,
newspaper printing
Total
CHEMICALS, ETC.:

1

For complete table and discussion, see May, 1922 (No. 9), issue of the Survey.
2 Revised.
INDEX NUMBERS OF MINERAL PRODUCTION.

Coke
Petroleum products
Cottonseed oil....
Turpentine and rosin
Total

(Average monthly production 1919=100.)

S T O N E , CLAY, AND GLASS:

Brick
Glass bottles
Cement

200
180

Total

2 99.0 2 100.6

89.7

126.7

112.2
2 98.8
157.0
2
72.2
2 95.7
2
60.0
2
46.2
115.8
2
69.9
107.0
102.5

85.6

96.4

91.3

102.1

3

97.1

90.5
124.7
151.5

86.3
97.3
109.5

111.5
115.1
123.2

96.5
117.7
144.7

111.6
128.8
136.4

99.1
119.1
127.0

111.2
" 128.9
•
2 138.2

105.5

119.3

128.3

123.5

116.2

134.1

103.9

119.1

128.9

146.0

118.5

2132.7

63.7
113.4
76.1
51.0

77.9
127.8
61.1
57.2

116.7
152.2
117.9
208.8

2 124.3
155.4
121.9
3 101.8

116.6
140.4
84.3
66.6

135.9
153.0
52.2
67.4

96.0

105.9

149.5

142.2

124.0

131.0

58.4
' 81.0
63.9

85.4
67.0
99.9

102.3
73.0
129.6

111.3
80.0
115.1

93.7
3 82.0
120.8

96.6
79.0
147.7

68.9

81.7

97.4

99.8

3 95.8

102.4

3

METALS, EXCEPT IRON AND
STEEL:

160

Copper smelting and refining
Zinc smelting and refining..
Enamel ware
Lead

/
1919 > VVER/

•

< * •
***

46.1
58.9
142.2
113.5

Total metals, except iron
and steel

140

29.0 2107.6
69.4 112.0
178.7
196.9
113.0 i 132.2

2

105.2 2 106.7
121.1 111.0
212.2 189.9
137.0 126.2

2 120.4
127.4
225.5
146.9

93.9

115.4

146.7

3154.0 2 142.8

2 166.5

91.8
75.9
70.6

107.9
89.8
82.1

74.5
95.2
80.1

104.9
94.9
120.9

92.2
86.1
104.4

103.1
63.5
113.9

76.9

90.3

85.4

106.8

94.3

90.5

10.9
74.4
85.7

1.8
105.0
124.3

12.3
137.6
133.8

4.1
3147.7
158.7

6.1
167.6
158.9

7.1
214.6
193.1

53.1

70.6

89.1

95.9

104.1

130.5

TOBACCO:

Manufactured tobacco and
snuff...
Cigars
Cigarettes

••MM

on
80
\

60

Total
40

MISCELLANEOUS:

20

Shipbuilding
A utomobiles
Rubber tires
Total

I

109.3

89.3
83.2
127.8
49.0
90.9
50.7
51.8
109.9
47.6
166.8

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

LUMBER:

225.8
115.3
93.9

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

2

2118.6

Total

Mar.

Mar.

107.9

Pig iron
Steel ingots
Locomotives

(Relative production 1909-1913= 100.)

Feb.

Feb.

96.7

I R O N AND STEEL:

1922

Jan.

82.1

Total index
FOODSTUFFS:

Total

Total, excluding lead,
gold, and silver

Dec.

Lumber
Flooring

96.1
129.4
107.3
92.1

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

Mar.

1923

5




\

in

D

>
_J

D

O

>

o

z

1
For
2

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

TREND OP 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, 192S.—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 by a footnote, refer to the previous quarter; that is, ending
December 31, 1922.
March, 1928.—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) the figures are 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
to press (May 7).
Corresponding month, February, 1922, or March, 1922.—Thefiguresin this column present the situation exactly a year previous to
those in the "March, 1923," column (that is, generally March, 1922), but where no figures are available for March, 1923, the
February, 1922,figureshave been inserted in this column for comparison with the February, 1923, figures. In the case of
quarterly figures, this column shows the corresponding quarter of 1922.
Cumulative total through latest month.—-These columns set forth, for those items that can properly be cumulated, the cumulative total
for the first three months of the calendar years 1922 and 1923, respectively, except where the March, 1923,figuresare lacking,
in which case the cumulative total for two months in each year is given.
Percentage increase (+) or decrease (—) cumulative, 1923 from 1922.—This column shows the per cent by which the cumulated total
for the three months ending March, 1923, is greater (+) or less (—) than the total for the corresponding period ending March,
1922.
Base year or period.—For purposes of comparison with a previous more or less normal period, all items, so far as possible, are related
to such a period by index numbers. The period taken for each item, called the base, is the monthly average of the year or period
stated in this column. Wherever possible, the year 1913 is taken as a base, and if no pre-war figures are available, 1919 is
usually taken to avoid using a war year as a basis. In some cases it will be noted that figures were not available prior to 1920 or
even 1921 and that sometimes a month, or an average of a few months, has to be used rather than a year's average. Also, for some
industries, 1919 would not be a proper base on account of extraordinary conditions in the industry and therefore some more
representative year has been chosen.
Index numbers.—In order to visualize the trend of each movement, index or relative numbers are given for the last four months and
for two corresponding months of a year ago. These index numbers are computed by allowing the monthly average for the base
period, usually 1913 or 1919, to equal 100. If the movement for a current month is greater than the base the index number will
be greater than 100. If the converse is true the index number will be less than 100. The difference between 100 and any index
number gives at once the per cent increase or decrease compared with the base period. Index numbers may also be used to
compute the approximate per cent increase or decrease from one month to the next.
Percentage increase (+) or decrease (—) 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.
NOTE.—Because of the confusion resulting from the new tariff schedules, the Bureau of Customs Statistics, Treasury Department, has not been
able to compile the import figures for either February or March. All import figures are therefore omitted from this table. January imports are
given on page 19.
NUMERICAL DATA.

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

February,
1923.

March,
1923.

Corresponding
month,
February or
March,
1922.

CUMULATIVE TOTAL
THROUGH
LATEST MONTH.

1922

1923

184,123

Percentage
increase
(+)
or decrease
(-)
cumulative
1923
from
1922.

I N D E X NUMBERS.

1923

1922

BASE
YEAR
OR

Percentage
increase

(+

J

PERIOD.

Feb. Mar.

Dec. Jan.

Feb. Mar.

or decrease
Mar.
from
Feb.

TEXTILES.
Wool.
Consumption by textile mills,
grease equivalent
thous of lbs
57,916
Receipts at Boston:
Domestic
thous. of lbs..
5,990
Foreign
thous. of lbs..
40,885
Total
thous. of lbs..
46,875
Stocks (reported quarterly), grease equiv.:
Total
thous. of lbs.. t518,844
Held by manufacturers
thous. of lbs.. t302,160
Held by dealers
. .
thous. of lbs. t216,683
Machinery activity:
Looms, wide
per ct. of hours active..
79.7
Looms, narrow
per ct. of hours active..
74.3
Looms,
carpet and rug.. .per ct. of hours active..
81.9
Sets of cards
per ct. of hours active..
95.0
Combs
per ct. of hours, act v e . .
93.3
Spinning spindlesWoolen
per ct. of hours active..
94.6
Worsted
per ct. of hours active..
95.8




1

62,859

60,368

166,422

9,337
55,200
64,537

10,899
29,047
39,946

38,131
53,947
92,078

501,134
288,200
213,141

+ 10.6

1921

122

137

132

144

131

142

+ 8.5

22,050 - 4 2 . 2
135,151 + 150.5
157, 201 + 70.7

1913
1913
1913

99
224
135

81
550
213

58
659
227

50
740
244

44
69
775 1,046
250 344

+55.9
+35.0
+37.7

-3.4
95
157 ! -4.6
62 ! -1.6

98

i 1920
i 1920
i 1920

164
63

92.9
85.7

63.1
63.5

1921
1921

96
107

92
99

123
115

126
131

116
116

135
134

87.1
103.9
117.2

78.2
88.4
82.3

1921
1921
1921

150
118
109

152
124
92

162
132
116

168
133
116

160
133
105

170 + 6.3
145 + 9.0
132 ! +25.7

98.6
102.1

85.9
70.8

1921
1921

113
101

119
86

126
120

127
116

132
117

137
125

Average for last two quarters.

t Previous quarter ending December 31.

(25)

+ 16.4
+ 15.5

+ 3.8
+ 6.7

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.

CorrespondFebruary,
1923.

March,
1928.

month,
February or
March,
1922.

INDEX NUMBERS.

Percentage
increase

CUMULATIVE TOTAL
THROUGH
LATEST MONTH.

or decrease
cumulative

1922

1923

1923
from
1922.

1923

1992

BASE
YEAR
OR
PERIOD.

Feb. Mar.

centage
increase

Dec.

'eb. Mar.

irease
Mar.
from
Feb.

TEXTILES—Continued.
Wool—Continued.
Xiooms 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,
all grades
dolls, per lb.
Unwashed,fine Ohio,Boston.. dolls, perlb.
Worsted yarn
dolls, per lb.
Wool dress goods
dolls, per yd.
Men's suitings
dolls, per yd.

1913
1913
1913
1913
1913

87

.353
.52
1.750
.993
3.510

.373
.51
1.750
1.035
3.510

.250
.39
1.250
.815
2.835

566,924

623,105

519,761

2,022
2,804
2,734
66,229
359,657

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

1,557
3,752
3,593
59,957
461,484

156,811
1,275,834

224,763
1,151,303

+43.3

36,751
11,834

48.885
13,596

48,406
9,431

112,150
23,849

124,529
36,427

+11.0
+52.7

1913
1921

399,024
383,818

497,511
440,066

397,800 1,057,867 1,298,321
751,505 1,380,324
319,917

+ 22.7
+83.7

35,308
8,449
227

35,501
9,531
255

31,873
7,779
211

+6.0

.277
.290
.487
.080
.126

.284
.307
.502
.082
.128

.160
.183
.353
.060
.096

626,400
501
837,000
9,900
2,568

688,500
559
865,800
10,800
2,168

36,231
44,615
8.771

33,515
39,436
8.624

2,994
3,470
437
689
433
1,516

+ 3.5
+ 3.3
+ 3.6
0.0
+ 2.4

1913
1913
1913
1913
1913

150
177
161
145
184

1913

108

1913
1913
1913
1913
1913

116
213
117
295
63

-15.2
-14.6
-19.6
-11.5

100

131
141

+33.0
+ 14.9

1919
1919

45

104
72

1913

112

105

+ 5.7
- 1.9
0.0
+ 4.2
0.0

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

1,518,795

1,800,404

106,050

100,069

+18.5

118

+ 9.9
+ 0.6

+24.7
+ 14.7

86
116

117

117

117

+ 0.5
+ 12.8
+ 12.3

133
143
143
173
157

+
+
+
+
+

107
113
458 1,133 1,157
119
185
141
1
46
24
502
306
587

1913
1913
1913
1913
1913

2.5
5.9
3.1
2.5
1.6

+9.9
+ U.6
+3.4
+9.1
-15.6

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

668,700 1,932,300 1,950,300
2,048
2,228
463
648,900 1,976,400 2,552,500
36,900
11,700
43,200
1,535

+ .09
+8.8
+29.1
+ 17.1

1920
2 1920
2 1920
2 1920
2 1920

26,651
22,077
6.027

82,600

+26.4

3 1920
1920
1913

3,521
4,044

2,036
2,818

5,311
6,786

503
920
530
1,918

253
505
347
1,070

674
993
833

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

bales.
bales.
dolls, per lb.

104,426

124
56
180

195

203

225

149
43
166

24:

-7.5
-U.6
-1.7

METALS.
Iron and Steel.
Production:
Pig iron
thous. of long tons.
Steel ingots (prorated).thous. of long tons.
Merchant pig iron:
Production
thous. of long tons.
Sales
thous. of long tons.
Shipments
thous. of long tons.
Unfilled orders
thous. of long tons.

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




9,745 + 83.5
11,378 + 67.
1,399
2,112
1,387
8

+107.6
+112.7
+ 66

1913
1913

80
112

121
131

126
153

+ 17.6
+ 16.5

1914
1914
1914
1914

67
153
104

113
245
11

12"
152
127
95

+
+
+
+

Eleven months' average, February to December, inclusive.

15.1
33.5
22.4
26.5

27
TREND OF BUSINESS MOVEMENTS—Continued.
NUMERICAL

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

February,
1923.

March,
1923.

Corresponding
month,
February or
March,
1922.

DATA.

INDEX NUMBERS.

Percentage
increasei

(+)

CUMULATIVE TOTAL
THROUGH
LATEST MONTH.

1922

or decrease
(-)
cumulative
1923
from
1922.

1923

1923

1922

BASE
YEAR
OR
PERIOD.

Feb. Mar.

Percentage
increase
(+)
or decrease

Mar.
Dec. Jan. Feb. Mar. from
Feb.

METALS—Continued.
Iron a n d Steel—Continued.
Merchant pig iron—Continued.
Stocks, merchant
thous. of long t o n s . .

279

246

539

1914

Stocks, steel p l a n t s . . . thous. of long t o n s . .

furnaces

73

65

181

1921

- 11.8
- 11.0

72

71
96

30
41

36
40

1920
1920
1920
1913
1922

56
70
47
49
80

72
90
61
78
124

104
107
103
54

152
181
133
46
74

136
150
127
48

Steel castings:
Total bookings

short tons..

90,152

143,564

47,892

119,431

334,321

+ 179.9

Railroad specialties

short tons..

39,845

76,409

23,791

62,450

164,133

+ 162.8

170,188 i +198.7

short t o n s . .

50,307

67,155

24,101

56,981

E x p o r t s (comparable)

Miscellaneous bookings

thous. of long t o n s . .

109

135

178

432

349

-

19.2

E x p o r t s (total)

thous. of long tons. .

135

166

210

507

425

-

16.2

217 j!+ 59.2
288 ||+ 91.8
+ 33.5
59 + 23.9
98 ! + 23.0

Unfilled orders, U. S. Steel Corp.,
thous. of long t o n s . .

7,284

7,403

4,494

Foundry production, Ohio, .per ct. of normal..

67.80

83.20

39.97

1913
1921

70
151

76
193

114
295

117
287

123 j 125 + 1.6
327 • 402 ! + 22.7

29.27

32.27

20.96

1913

130

131

171

180

183

10.2

1913
1913
1913
1913
1913
1913
1913

121
109
125
125
124
121
99

122
109
125
125
122
122

169
142
154
173
149
147
132

175
145
156
177
151
149
132

179
154
162
181
158
157
139

48
.

1920
1920
1920
1920
1920
1920

71
64
73
21
759
81

97
87
193
46
817

120
126
284
73
492
107

152
144
179
74
577
117

139
127
180
79
521
132

163
167
231
90
520
122

end of month
Wholesale prices:
Pig i r o n Foundry No. 2,
Northern

dolls, per long t o n . .

Basic,
Valley furnace... dolls, per long t o n . .

26.25

30.13

17.94

Steel billets, Bessmer. .dolls, per long t o n . .

39.63

44.38

28.00

Iron and steel

dolls, per long t o n . .

42.61

47.01

32.97

Composite pig iron.. . .dolls, per long t o n . .

27.98

30.36

19.26

dolls, per 100 l b s . .

2.72

2.83

2.09

Composite finished steel.dolls. per 100 l b s . .

2.61

2.70

2.02

Structural steel beams... dolls, per 100 l b s . .

2.10

2.20

1.40

Composite steel

F i n i s h e d Iron a n d Steel.
Sheets, blue, black, and galvanized:
Production

short tons.. i 237,919

279,475

Shipments

short t o n s . .

287,203

Sale

short tons.. [ 253,197

325,526

Unfilled orders

short t o n s . . j 547,897

619,823

217,808

166,247
149,407
272,357
314,617
45, 673
107, 970

374,813
448,336

777,914 + 107.5
753,348 + 121.9
85.4
831,212

359,522

654,586

+ 82.1

1921
1921
2 1921

91
97
106

150
159
120

180
222
181

184
182
221

173
236
257

227 + 31.2
276 j+ 17.3
267 + 3.9

635,000

+ 57.5

1913
1913

114
87

202
154

152
115

207
150

209
159

249 + 18.8
190 + 18.8

+357. 3

1913
1920
1920

14
36
4

13
32
4

176
18

75
197
13

68
178
12

92 + 36.2
245 + 37.2
15
18.2

1920
1920
1920
1913

18
19
15
138

25
29
17
114

120
1G8
22
221

135
190
21
128

168
239
18
74

175
248
24
405

1920

12

17

26

24

23

339,536

Unsold stocks

short t o n s . . j

29,123

29,084

Total stocks

short tons. J

148,360

136,347

Shipments

barrels..

193,992

254,573

Production

p e r c t . of capacity..

41.0

48.1

603, 774

627,143

168,476
27.7
281,794

200, 000

237,500
95

193,500
77

403,100

39
35
4

157

+
+
+
+
+
-

16.5
31.9
28.6
13.1
99.9
81
.

Steel barrels:

Unfilled orders

barrels..

Structural steel:

;

Sales (prorated)
Sales

short t o n s . .
p e r c t . of capacity..

Iron a n d Steel P r o d u c t s .
Locomotives:

j

Shipments—

j

Total

number..

207

282

Domestic

number.. !

196

269

Foreign

number..

11

13

Unfilled orders—

+693. 0
-

35.2

j

Total

number..

2,220

2,316

Domestic

number..!

2,141

2,214

Foreign

.number..

Freight cars: Orders, domestic

79

102

number..

7,800

42,500

330
255
75
12,000

63,690

+ 43
.
+ 3.4
+ 29.1
+444.9

Ship construction:
Vessels under
construction

thous. of gross t o n s . .

270

197

New vessels
completed

thous. of gross tons..

21

97

25

61 -

37.1

1919
1919

+ 19.0

1919

Stokers:
Sales

number..

131

123

s

horsepower..

66,769

69,180




116
69,716

272

399

46.7

139,536

219,219

+ 57.1

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

32

50
132

89
250

62
158

56

.
53 + 6 1
131 -3.6

28
TREND OF BUSINESS MOVEMENTS—Continued.
NUMERICAL

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

February,
1923.

March,
1923.

Corresponding
month,
February or
March,
1922.

DATA.

CUMULATIVE TOTAL
THROUGH
LATEST MONTH.

1922

1923

Percentage1
increase
(+)
or decrease
(-)
cumulative
1923
from
1922.

INDEX

BASE
YEAR
OR
PERIOD.

NUMBERS.

Percentage
increase

1923

1922

or decrease
Feb.

Mar. j Dec.Jan.

Mar.
Feb. I Mar. from
Feb.

METALS—Continued.
Iron and Steel Products—Continued.
Steel furniture, shipments

thous. of dolls..

1,307 j

1,709

1,087

3,038

4,379

+ 44.1

1919

107 i 120 152

188

150

+ 30.8

Agricultural pumps:
Shipments—Total

thous. of dolls..

384

Pitcher, hand, etc

number..

53,950

47, 626

Power pumps

number..

2, 676

2,107

number..

254,593

470,717

84.9

value..

238,690

445,994

+ 86.9

Production

thous. of l b s . .

102,641

122,194

62,305

125,569

337,176 1+168.5

1913

61

103

110

101

120

+ 19.0

Exports

thous. of lbs..

49,751

64,394

80,853

186,845

189,762 |!+ 1.6

1913

115

71

107

71

91

+ 29.4

Wholesale price, electrolytic, .dolls, per l b . .

.155

.169

.127

1913

81

90

93

108

9.0

Tubular plumbing goods:
Sales..
Sales
Copper and Brass.
Copper:

Brass stopcocks:
Orders received
Orders shipped

number of pieces..
number of pieces..

645,314
481,740

!

Zinc.
Production

thous. of lbs..

84,886 '.

Stocks, end of month

thous. of lbs..

21,728 |

Receipts, St. Louis

thous. of l b s . .

11,096

53,064
20,0-12 ] 120, 524
35,306
20,187

Shipments, St. Louis

thous. of l b s . .

14,171

22,506

24,313

. . .dolls, per l b . .

.076

.082

.050

Price, slab, prime western

97,462

145,502

274,982 -|+ 89.0

169

+ 14.8

45

4*1

27

25

- 7 . 8

« |
48 !

40

128

+ 218.7

50

79

+ 58.8

130

141

92 1 148
1

1913
1913

158

148

50,299

58,268 i| + 15.8

1913

39

73 .;

63

84,688

50,233 ! - 40.7

1913

110

86 |

59

1913

83 I

86 ;! 127

125 j

Tin.

+

7.9

I

Stocks, end of month

long t o n s . .

Wholesale price, pig tin

dolls, per l b . .

4,067

3,086

1913

76 j 167

.489

.291

1913

68 I

11,792

14,828

20,232

51,336

40,558 I - 21.0

1913

212

5,402

7,939

7,325

22,626

20,163 | - 10.9

1913

78

84

.082

.085

.047

1913

107

17
0

20

2,054
.423 !

182 ! 111 j 220

+ 98.0

94 j 109

201

+ 15.3

65

Lead.
Receipts, St. Louis
thous. of l b s . .
Shipments, St. Louis
thous. of l b s . .
Wholesale price, pig, desilverized.dolls, per l b . .

369 ij 252
73 i
16
6

25
1
62

2 1 + 25.7
7
9 + 47.0
1

178 i

15
8

13 +
9

255 |
78 I

3.7

FUEL AND POWER.
Coal and Coke.
Production:
Bituminous coal

thous. of short t o n s . .

42,160

46,807

50,193

128,744

139,090

Anthracite coal

thous. of short t o n s . .

7,273

8, 900

8, 757

21,777

25,386

8.0

1913

16
2

117

126

16
0

+ 16.6

1913

15
1
26

11
1

114

12
0

44

53

53

10
117 + 1 .
117 + 22.4
62 + 18.0

202

29
8

293

25
6

307 + 15.9

13
3
4

145 +

+

Beehive coke

thous. of short t o n s . .

1,482

1,749

732

1,777

4,709

+ 165.0

1913

By-product coke

thous. of short t o n s . .

2,810

3,256

2,137

5,835

9,166

+ 57.1

1913

mills, of kw. h o u r s . .

«4,324

4,711

3,821

11,093

13,789

+ 24.3

18
1

142

147

114

1919
1921

107

thous. of long t o n s . .

133

15
2

5

4

Public-utility
electric power
Storage, anthracite

9.0

Exports:
Bituminous

thous. of long t o n s . .

806

1,220

1,187

2,645

3,118

+ 17.9

1909-13

74

18
0

134

99

73

Anthracite

thous. of long t o n s . .

330

400

295

794

1,086

+ 36.8

1909-13

95

102

13
3

124

15
1

1 1 + 51.4
1
1 9 + 21.2
3

Coke

thous. of long t o n s . .

71

25

87

247

+ 183.9

1909-13

44

34

168

107

97

1 4 + 38.0
3

Wholesale prices:
Bituminous—
Kanawha, f. o. b .
Cincinnati

dolls, per short t o n . .

4.89

4.89

3.60

1913

164

164

268

256

222

222

Mine average

dolls, per short t o n . .

3.59

3.17

2.12

1913

179

172

336

354

292

258 - 11.7

Anthracite, chestnut, .dolls, per long t o n . .

10.63

10.63

10.64

1913

200

200

200

200

200

200

00
.

Coke, Connellsville.. .dolls, per short t o n . .

7.13

7.31

3.25

1913

125

13
3

287

338

292

300 +

2.5

10. 79

9.96

8.77

1913

177

182

225

228

224

207 -

7.7

14.90

14.13

13.14

1913

189

19
8

209

207

214

203 - 5 . 2

56,132

46,634

1913

197

225

242

249

234

2 1 + 15.9
7

1913

199

21
1

252

241

23
4

247

00
.

Retail prices:
Bituminous, Chicago.dolls, per short t o n . .
Anthracite, chestnut,
New York

dolls, per short t o n . .
Petroleum.

Crude petroleum:
Production

thous. of b b l s . .

48,413

Stocks, end of month

thous. of b b l s . .

255,385

* Revised




'•> 258,738221,588

130,589

156,012

+ 19.5

& Does notnclude stocks of topped oil held a t refineries; this omission reduced t h e January stocks by about 15,000,000 barrels.
i

+ 13
.

29
TREND OF BUSINESS MOVEMENTS—Continued.
NUMERICAL DATA.

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

February,
1923.

March,
1923.

Corresponding
month,
February or
March,
1922.

CUMULATIVE TOTAL
THROUGH
LATEST MONTH.

Percentage
increase

(+)

1922

1923

131,610
39,178
52,490

165,518 + 25.8
17,875 - 54.4
35,357 - 32.6

1923

1922

or decrease
(-)
cumulative
1923
from
1922.

Percentage
increase
or decrease

Feb. Mar.

Dec. Jan. Feb. Mar.

Mar.
from
Feb.

FUEL AND POWER—Continued.
Petroleum—Continued.
Crude petroleum—Continued.
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

day's supply.
thous. of bbls.
thous. of bbls.
thous. of bbls.
.dolls, per bbl.
number.

144
49,691
4,368
M0,175
1.725
1,094

568,652
thous. of gals.
66,968
thous. of gals.
373,564
thous. of gals.
thous. of gals. 1,130,341

139
57,898
o, 840
13,222
1.850
1,248

146
47,095
14,004
17,274
2.250
1,323

3,617

3,550 - 1 . 9

1913
1913
1919
1913
1913
1913

128
182
814
781
241
72

126
216
944
800
241
83

123
262
520
567
134
75

121
266
517
554
145
76

124
228
294
471
185
69

1919
1919
1919
1919

121
124
92
171

143
172
133
181

177
154
152
187

189
191
155
212

172
218
130
239

1919
1919

86
110

92
107

116
94

109
92

92
91

398,223
52,814
262,926
807,379

842,846
140,840
545,643

180,375
272,763

167,220
331,423

340,137

thous. of gals.
902,563
thous. of gals. 1,276,876

761,085
1,321,589

1,619,196

1,891,939 4- 16.8

1919
1919

120
172

134
162

153
169

156
164

69,123
253,568

143,437

164,576 + 14.7

1919
1919

98
157

104
147

127
146

123
149

+
+
+
+
+

3.5
16.5
33.7
29.9
7.2
14.1

223 +

2.3

142
166

77,498
238,859

120
265
394
612
198
78

110
148

thous. of gals.
thous. of gals.

thous. of gals.
thous. of gals.

68,506

1,192,475 + 41.5
194,615 + 38.2
816,692 + 49.7

392,822

15.5

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

short tons.
.short tons.
short tons.

103,534
111,599
58,032

124,175
120,386
60,163

143,596
129,931
139,390

351,513
335,203

358,006 +
362,578 +

18
.
82
.

1919
1919
1919

82
81
82

119
108
90

89
100
43

108
108
43

86
92
38

103 + 19.9
100 + 7.9
39 4- 3.7

short tons.
.short tons.
short tons.

175,923
175,724
50,840

189,602
187,298
51,670

170,995
167,112
56,867

473,309
463,285

550,062 4- 11.6
543,826 + 17.4

1919
1919
1919

90
89
99

106
104
106

105
104
87

114
113
94

109
110
95

118 + 7.8
117 + 6.6
96 + 1 6
.

114,611
114,415
1,194

129,294
132,292
1,989

117,507
117,142
2,791

321,101
316,855
6,164

371,357 + 15.7
370,363 -I- 16.9
4,247 - 31.9

1919
1919
1913

85
84
23

103
102
78

104
104
57

111
108
30

100
100
33

113 + 12.8
115 4- 15.6
55 4- 66.6

257,855
23,197
7,800
171,807
55,051
165,148

245,841
20,199
7,688
163,586
54,368
190,547

228,994
28,180
5,910
167,498
27,406
169,574

531,247 + 11.7

1919
1919
1919
1919
1919
1919

102
116
68
112
66
105

100
118
68
108
67
119

104
80
94
107
110
128

111
96
89
111
124
124

113
97
90
111
134
116

107
84
89
105
133
134

3.717
3.785
3.800

3.770
3.748
3.840

3.615
3.482
3.601

1919
1919
1919

98
95
83

97
95
84

97
96
90

101
102
88

100
104
89

101 4- 1.4
103 - 1.0
90 + 1.1

short tons.
short tons.

89,265
38,043

96,087
31,480

77,889
38,367

220,763

282,670 + 28.0

1919
1919

91
124

102
121

116
114

128
123

117
120

126 4- 7.6
- 17.3

short tons.
short tons.

198,031
62,901

153,704
63,908

298,902

407,504

36.3

1919
1919

95
118

118
132

114
106

129
106

122
116

short tons.
short tons.

77,813
48,421

86,776
43,213

70,141
64,931

197,967

247,292 + 25.0

1919
1919

107
108

121
119

129
118

143
88

135
89

150 + 11.5
79 - 10.8

short tons.
short tons.

32,377
39,772

35,144
36,978

29,346
35,123

83,414

102,467

1919
1919

93
97

102
95

108
100

122
105

113
108

123 +
100 -

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




475,769

* Revised.

22.8

- 4.7
- 12.9
- 1.4
- 4.8
- 1.2
+ 15.4

8.5
7.0

30
TREND OF BUSINESS MOVEMENTS—Continued.
NUMERICAL

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

Febru-

March,
1923.

Corresponding
month,
February or
March,
1922.

DATA.
CUMULATIVE TOTAL
THROUGH
LATEST MONTH.

Percentage
increase
(+)
or decrease
(-)
cumulative
1923
from
1922.

1922

1923

501,817
274,738
3,665

1,008,012

1,278,917

+ 26.9

8,599

7,621

- 11.4

102,893
38,015
57

273,358

461,069

52,542
36,151
75

58,833
16,670
78

155,286

175,250

55.5
70.1

INDEX

BASE
YEAR
OR
PERIOD.

NUMBERS.

Percentage
increase

1922

(+

J

or decrease
(-)
Mar.
from
Feb.

Feb.

Mar.

Dec.

Jan.

Feb.

97
115
10

115
121
23

118
108
23

129
106
13

119
110
15

96

136

144

137

151 + 10.7
. . . 1+ 16.9
. . . ! i + 10.7

112

129

103

112 ! + 8.4
| j - 28.9
4.0

Mar.

PAPER AND PRINTING—Continued.
Other Paper—Continued.
Total, all grades (including newsprint):
Production
Stocks
Exports (total printing)

short tons.. 614,364
short tons.. 262,734
short tons.. |
2,384

P a p e r Boxes.

20 + 33.4

j

Corrugated board:
Production (Container
Club)
thous. of sq. f t . .
Production (Nat'l Ass'n).. thous. of sq. f t . .
Machinery activity
per cent of normal..
Solid fiber board:
Production (Container
Club)
thous. of sq. f t . .
Production (Nat'l Ass'n). .thous. of sq. f t . .
Machinery activity
per cent of normal..
Folding boxes:
Production
New orders

3,181

1919
1919
1919

per cent of capacity..
per cent of capacity..

Other Paper P r o d u c t s .
Labels:
New orders
per cent of capacity..
Rope paper sacks:
Shipments
index n u m b e r . .
Abrasive paper a n d cloth:
Domestic sales
reams..
Foreign sales
reams..

146,006
142,174
75

161,
166,

2 1919

118
143

146
148

117
143

145
121

121
146

61.6

1921

139

207

190

223

208

91

111

91

105

130 + 23.8

1919
1919

87
60

110
82

136
139

129
113

154 ;|+ 19.5
126 | + 12.0

Sept.220
1918
1918
1918

104,
11

1921
1921

«1921
87,804
10,352

100

54.3
68.5

92.0

1919

85
104
91
133

91
116
103
175

88
137
129
160

97
129
121
166

94
120
119
147

74,634
7,506

191,181
18,488

285,521
30,901

12.9

+ 49.3
+ 67.1

Printing.
Activity, weighted
Paper purchases, q u a n t i t i e s . .
Paper purchases, value
Sales.. .*

index
.index
index
index

number.
number.
number.
number.

RUBBER.
Crude:
Consumption by tire mfrs.. .thous. of l b s . .
Wholesale price, Para. N. Y .dolls, per l b . .
Tires:
ProductionPneumatic
thousands..
Solid
thousands..
Inner tubes
thousands..
Domestic s h i p m e n t s Pneumatic
thousands..
Solid
thousands..
Inner tubes
thousands..
Stocks, end of m o n t h Pneumatic
thousands..
Solid
thousands..
Inner tubes
thousands..

34,235
. 307

,594
.290

20,771
.161

66,419

110,016

+ 65.6

1921
1913

103
20

149
20

161
28

191
34

191
38

232 j+ 21.5
36 - 5.5

3,218
75
4,039

1,866
80
r,875

2,040
49
3,018

6,785
129
7,958

10,211
239
12,867

+ 50.5
+ 85.3
61.7

1921
1921
1921

115
112
115

140
140
134

140
218
11
5

172
230
175

177
213
179

213 I + 20.1
226 + 6.7
216 + 20.7

2,589
03
3,002

1,323
77
1,828

2,074
48
2,091

5,233
118
5,683

8,906 + 70.2
201 + 70.3
10,579 + 86.2

1921
1921
1921

82
84
74

109
110
91

154
147
107

157
138
164

136
144
131

174 + 20.7
175 + 22.2
167 + 27.5

5,224
.270
0,772

i,671
266
',741

5,183
182
0,991

1921
1921
1921

111
79
134

123
79
153

109
100
125

111
114
128

124
117
148

135 + 8.5
1.3
115 + 14.6

111
75

150
70

162
73

184
83

231 + 25.0
131 + 58.6

133
43
12

129
70
28

168
77
15

171
109
19

209 + 21.1
149 + 33.8
40 + 21.2

AUTOMOBILES.
Production:
318,
Passenger cars
n u m b e r . . 4 254,050
34,
Trucks
n u m b e r . . 4 21,815
Shipments:
36,147
43,774
By railroad
carloads.
43,000
58,320
Driveways
number of machines.
882
1,900
By boat
number of machines.
' S i x m o n t h s ' average, J u l y t o December, inclusive




152,959
19,701

343,823
42,372

27,753
16,917
560

02,746
34,509
883
* Revised.

790,780
75,785

+ 131.7
+ 78.9

1919
1919

115,149 + 83.5
131,947 +281. 7
3,510 +297.5

1920
1920
1920

94

•Twelve months' average, July. 1921, to June, 1922.

31
TREND OF BUSINESS MOVEMENTS—Continued.
NUMERICAL DATA.

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

Februsry,
1923.

March,
1923.

Corresponding
month,
February or
March,

CUMULATIVE TOTAL
THROUGH
LATEST MONTH.

1922

1923

1922.

Percentage
increase
(+)
or decrease
cumulative
1923
from
1922.

INDEX NUMBERS.

1923

1922

BASE
YEAR
OR
PERIOD.

Feb.

Mar.

Percentage
increase

or decrease
Mar.
Dec. Jan. Feb. Mar. from
Feb.

AUTOMOBILES—Continued.
Internal-revenue taxes collected on:
Passenger automobiles and
motorcvcles
- .thous. of dolls..
Automobile trucks and
wagons
thous. of dolls..
Automobile accessories and
parts
thous. of dolls..

+ 37.1

5,887

8,070

3,845

9,018

21,689 +140.5

1920

37

55

73

Ill

84

116

710

725

487

1,341

2,334 + 66.6

1920

31

39

61

63

56

67

+

3,476

3,378

2,674

6,810

10,097 + 48.3

1920

56

63

72

76

82

79

- 2 . 8

1919

81

67

73

80

82

79

- 3 . 7

i 1921
7 1921
7 1921

99
121

117

135
156
165

134
142
146

188
154

151
143

117

128
111

155

152

— 7.1
1.9

1913
1919

233

259

327
64

351
93

+ 25.1

42

334
76

439

45

number..
number.
number..

1913
1913
1913

169

169
173

192

195
199
197

198
201

165

198
192

205

209
209
214

+ 5.6
+ 4.0
+ 4.4

number..

1914

152

152

192

197

197

204

+

1913

100

202

111

126

105

195

+ 85.7

68
19
82
121

97
33
151

62

64
35
122

76
40
112

-7.2
584 - 8 . 9

1919
1919
1919
1919
1919
1919

2.1

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

68.9
55.7
55.2

55.6
51.9
54.2

42.9
46.3
39.8

92

-

-

19.7

1.1

BUILDING AND CONSTRUCTION.
Building Costs.
Building materials:
Frame house
index
Brick house
index
Building costs
index
Concrete factory costs (1st of
following month)
index

174
162

3.6

Construction and Losses.
Building volume
index number..
Contracts awarded, floor space:
Business buildings
thous. ofsq. ft..
Industrial buildings
thous. of sq. ft..
Residential buildings
thous. ofsq. ft..
Educational buildings
thous. of sq. ft..
Hospitals and institutions.thous. ofsq. ft..
Public buildings
thous. of sq. f t..
Social and recreational
buildings
thous. ofsq. ft..
Religious and memorial
buildings
thous. ofsq. 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
buildings
thous. of dolls..
Religious and memorial
buildings
thous. of dolls..
Grand total
thous. of dolls..
Fire losses
thous. of dolls..

7,044
5,096
22,668
3,992
692
110

1,354

22,800
17,179
86,540
10,237
2,344

9,886
7,673
39,286
4,092
1,172

8,953
4,165
30,348
5,071
804

20,028
9,615
64,921
9,397
2,526

274

377

641

1,643

1,362

3,063

3,811 + 24.4

+ 13.8
+ 78.7
+ 33.3

+ 89

116

188
64

+ 40.3
+ 50.7
+ 73.7
214 + 2.5
318 + 69.4
159 + 149.1

64

107

130

84

89

83

83

143
89

201 + 40.9
139 + 56.0

92
64
143
222
152
71

130
87
232
226
180
133
102

265

33
124
122

53

218
219

116
113

1919

62

108

26

77
45
170
143
105
171

92
51

270

633

892

795

41,611

64,920

51,957

1,879
112,279

1,920 + 2.2
145,478 + 29.6

1919
1919

142
64

179
111

30,999
27,518
101,040
22,108
4,949

49,758
24,270
121,551
25,575
5,212
1,902
51,997

112,694
54,698
273,007
50,752
18,330
3,549
91,925

106,050
86,496
377,037
58,564
13,673
3,837
98,700

1919
1919
1919
1919
1919
1919
1919

116
25
107
132
237
63
51

147
57
172

30,185

44,076
37,034
164,267
22,550
5,869
1,486
42,586

8,693

9,272

8,228

18,525

1919

57

118

3,345
229,938
42,771

6,170
333,518
41,160

4,880
293,637
39,911

13,129
637,430
107,878

12,211 - 7.0
780,789 + 22.5 |
120,546 + n.7 ;'

1919
1919
1919

156
83
131

156
137
178

100
212.

1,197,849

1,343,650 + 12.2 i

1917
1917

88
88

101

95

88

1913

189

178

794

- 5.9 ;
+ 58.1
+ 38.1
+ 15.4
-25.4
+ 8.1 I
+ 7.4 j

23,587 + 27.3

2

157

160
170
124

112
130

158
140
87

208

107
60
195

+ 21.3

+
+
+
+
+
+
+

42.2
34.6
62.6
2.0
18.6
87.2
41.1
6.7

59

139
62

35

81

125

133 +

84

86
101
163

107
107

197

109
84

94
82

114

89

81

+ 20.2
— 1.0

216

220

221

230

+ 4.2

72

191

155
184

+ 84.5
+ 45.0
- 3.8

Lumber.
Southern pine:
428,103
Production (computed)
M ft. b. m.. 400,113 480,966
Stocks pnd of mo fcomouted^ M ft b m 1,118,834 1,107,612 1,208,089
Price, "B r "
52.95
40.96
50.80
and better
dolls, per M ft. b. m..
2
Six months' average, July to December, inclusive.
i*J b V / \ ^ J V O ,

v l i U

V/A

AJLL\J*




^V/VSJ-U L*/l-fcl/V'v*y .

It!

A V .

K* •

i l l

.

.

7 Twelve months' average, May, 1931, to April, 1922.

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.

February,
1923.

March,
1923.

CUMULATIVE TOTAL

Corresponding
month,
February or
March,
1922.

THROUGH
LATEST MONTH.

1922

INDEX NUMBERS.

Percentage
increase

1923

Percentage
increase

(+)

or decrease
(-)
cumulative

1922

BASE
YEAE
OR

1923

or decrease

PERIOD.

1923
from
1922.

Feb.

Mar.

Dec.

Jan. Feb. Mar.

Mar.
from
Feb.

BUILDING AND CONSTRUCTIONContinued,
Lumber—Continued.
Douglas fir:
Production (computed)
M ft. b. m.
403,561
Shipments (computed)
M ft. b. m.
480,289
Price, No. 1 common.dolls per M. ft. b. m.
19.50
California redwood:
Prod uction (computed)
M ft. b. m.
43,896
Shipments (computed)
M ft. b. m.
52,740
Orders received (computed).. .M ft. b. m.
59,658
California white pine:
Production
M ft. b. m.
22,699
44,282
Shipments
M ft. b. m.
367,597
Stocks
M f t . b . m.
Michigan softwood:
Production
M ft. b. m.
5,556
Shipments
M ft. b. m.
5,839
Stocks, end of month
M ft. b. m.
48,436
Michigan hardwood:
15,552
Production
M ft. b. m.
13,600
Shipments
M ft. b. m.
106,114
Stocks, end of month
M ft. b. m.
Western pine:
Production (computed)
M ft. b. m. < 59,148
Shipments (computed)
M ft. b. m. <116,557
Stocks, end of mo. (computed).M ft. b. m. «766,391
North Carolina pine:
Production (computed)
M ft. b. m.
41,090
Shipments (computed)
M ft. b. m.
48,930
Northern pine:
Lumber—
33,702
Production
M ft. b. m.
42,883
Shipments
M ft. b. m.
Lath9,671
Production
M ft. b. m.
10,845
Shipments
M ft. b. m.
Northern hemlock:
22,320
Production
M ft. b. m.
19,109
Shipments
Mft. b. m.
Northern hardwood:
43,938
Production
M ft. b. m.
28,823
Shipments
I -M ft. b. m.
Exports:
132,544
Planks, scantling, joists
M ft. b. m
Composite lumber prices:
48.52
Hardwoods
dolls, per M ft. b. m.
36.12
Softwoods
dolls, per M ft. b. m.
Flooring.
Oak flooring:
Production
M ft. b. m.
Shipments
Mft. b. m.
Orders booked
M ft. b. m.
Stocks, end of month
M ft. b. m.
Unfilled orders,end of month..M ft. b. m.
Maple flooring:
Production
M ft. b. m.
Shipments
M ft. b. m.
Orders booked
M ft. b. m.
Stocks, end of month
M ft. b. m.
Unfilled orders,end of month. .M ft. b. m.




1,156,342 1,343,501 + 16.2
1,045,319 1,573,551 + 50.5

1917
1917
1913

116
107
136

115
114
124

104
123
212

122
156
212

116
149
212

148 + 27.8
182 + 22.8
236 + 10.3

118,918
116,100
127,367

140,744 + 18.4
157,333 + 35.5
193,958 + 52.3

1918
1918
1918

87
131
135

130
156
169

84
188
179

99
150
235

117
185
208

160 + 36.3
216 + 17.2
233 + 12.1

7,290
30,327
314,258

36,935
78,507

90,259 + 144.4
153,540 + 95.6

1918
1918
1918

18
75
142

14
95
118

87
174
180

53
166
163

43
139
139

75 + 73.9
176 + 26.8
126 - 9.4

5,981
7,128
53,490

4,211
6,103
50,752

11,903
17,906

18,780 + 57.8
19,504 + 8.9

1917
1917
1917

18
34
51

24
34
48

35
57
43

42
37
44

32
33
46

35 + 7.6
40 + 22.1
50 + 10.4

14,365
16,961
102,477

11,478
9,173
123,330

39,161
28,701

48,046 + 22.7
47,761 + 66.4

1917
1917
1917

46
28
58

55

52
59
49

65
55
48

56
43
47

52 - 7.6
54 + 24.7
46 - 3.4

123,152
143,090
725,954

66,509
116,551
823,200

143,687
288,697

246,393 + 71.5
388,358 + 34.5

1917
1917
1920

38
81
103

61
106
93

64
99
101

59
117
94

54
106
87

113 + 108.2
130 + 22.8
- 5.3

61,460
68,110

52,290
50,050

145,670
123,410

143,500 - 1.5
160,160 + 29.8

1919
1919

149
128

153
156

134
144

120
134

120
152

180 + 49.6
212 + 39.2

38,714
52,720

34,783
34,295

75,925
88,304

107,152 + 41.1
145,331 + 64.6

1920
1920

86
99

84
86

96 + 14.9
105 + 22.9

10,607
17,741

9,018
9,061

20,230
19,686

29,303 + 44.8
36,665 + 86.2

1920
1920

94
135

101
171

111 + 9.7
271 + 59.0

28,334
28,432

20,290
21,051

54,291
46,849

42.3
77,268
69,076 + 47.4

1913
1913

71
59

59
52

75 + 26.9
78
48.8

49,070
40,512

38,698
31,675

93,757
76,575

135,011 + 44.0
107,106 + 39.9

1913
1913

128.773

159,869

434,517

392,089 - 9.8

1909-13

50.19
36.96

37.82
27.59

24,421
25,031
33,458
25,301
56,936

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

20,367
22,690
23,479
28,090
24,935

56,911
54,115
53,148

84,130
47.8
84,157 + 55.5
103,236 + 94.2

1919
1919
1919
1919
1919

259
274
263
321
288

305
378
385
312
344

352
408
392
236
564

412
402
494
283
695

366
417
548
281
785

483 + 32.0
582 + 39.7
649 + 18.5
281
0.0
+ 15.6

11,333
11,354
16,033
25,539
40,200

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

9,232
10,611
12,323
34,187
14,905

29,530
27,091
27,479

37,606 + 27.3
39,952 + 7.5
58,835 + 114.1

1919
1919
1919
1919
1919

92
67
57
222
31

92
90
84
221
39

136
108
102
163
58

139
112
173
162
94

113
96
113
165
105

+ 8.9
129 + 35.0
129 + 14.3
150 - 9.3
+ 5.6

515,698
589,561
21.50

402,459
367,988
11.50

59,844
61,794
66,878

48,884
44,507
48,604

39,463
56,156
333,169

1921
1920

4

Revised.

125
71

107
145

148
149

155
114

173 + 11.7
160 + 40.6

90

65

73

74

72 - 2.8

92.2 93.1 109.0 115.4 116.2 120.2 + 3.4
56.2 55.6 69.3 70.8 72.8 74.5 + 2.3

33
TREND OF BUSINESS MOVEMENTS-€ontinued.
NUMERICAL DATA.

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

February,
1928.

March,
1928.

Corresponding
month,
February or
March,
1922.

INDEX NUMBERS.

Percentage
increase

CUMULATIVE TOTAL
THROUGH
LATEST MONTH.

1922

1923

or decrease
(-)
cumulative
1923
from
1922.

1923

1922

BASE
YEAR
OR
PERIOD.

Percentage
increase
or decrease

Feb. Mar.

Dec.

Jan. Feb. Mar.

from
Feb.

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

56,075
53,222
163,426
67,164
88,713

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

42,626
38,694
149,034
43,098
31,537

107,430
100,038

187,335 + 74.4
181,415 + 81.3

110,261

231,377 + 109.8

14,544
14,418
45,492

16,793
17,804
44,481

9,120
7,837
36,944

22,364
23,346

16,012
70,751
51,296
13,660

23,004
73,756
62,139
22,384

42,133
156,906
59,852
37,991

20.00
8.73

20.00
8.65

16.25
8.55

8,085
5,963
< 13,502
1.75

10,326
13,055
1.75

6,685
7,002
13,848
1.50

15,254
13,218

6,272
4,725

5,684
3,737

9,602
7,979

number.
number.
number.

82,912
40,124
129,847

92,473
42,000
116,514

number.
number.
number.

83,469
56,543
156,033

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

+
+
+
+

18.5
32.7
2.6
47.9
46.5

1919
1919
1919
1919
1919

68
59
106
70
32

84
76
107
84
34

106
108
112
99
72

128
114
118
126
80

111
105
118
131
95

131
139
115
193
126

45,645 +104.1
46,503 + 99.2

1919
1919
1919

47
52

65
56

97
78
108

102
102
111

103
103
109

119 + 15.5
127 + 23.5
107 - 2.2

90,390

59,165 - 34.5

55,131 - 22.7

51
170
52
57

93
176

71,285

1919
1919
1919
8 1920

117

100
133
64
95

1913
1913

255
170

248
173

266
177

305
178

25,669 + 68.3
21,708 + 64.2

1913
1913
1913
1913

56
44
126
148

113

15,565
13,025

14,912 - 4.2
10,602 - 18.6

1919
1919

74
78

65,243
70,587
63,815

166,243

261,008 + 57.0

171,369

380,279 +121.9

1919
1919
1919

104,876
50,127
148,121

91,039
126,228
95,891

224,740

279,461 + 24.3

244,429

474,847 + 94.3

99,085
59,806
167,607

114,677
61,391
149,144

90,764
152,980
95,137

238,301

330,301 + 38.6

251,362

512,735 +104.0

44,766
49,367
75,431

56,359
54,332
67,642

44,912
86,334
48,062

119,189

154,380 +129.5

137,847

236,500 + 71.6

401,165
330,260
48,259
22,646

397,982
328,588
48,120
21,274

350,350
274,082
46,416
29,852

1921
1921
1921
1921

.139
.135

1913
1913

+
+
+
+

43.7
4.2
21.1
63.9

305
177

305
175 -

0.0
0.9

100
73
102
158

105
81
120
173

129 + 22.2
140 + 73.2
116 - 3.3
0.0
173

66
62

141
138

128 - 9.4
109 - 20.9

35
79
59
42

147
217
226
160

Cement.
Production
thoue. of bbls.
Shipments
thous. of bbls.
Stocks, end of month
thous. of bbls.
Price, Portland
dolls, per bbl.
Concrete paving contracts:
Total
thous. ofsq. yds.
Roads
thous. ofsq. yds.
Sanitary ware.
Baths, enamel:
Orders shipped
Stocks
Orders received
Lavatories, enamel:
Orders shipped
Stocks
Orders received
Sinks, enamel:
Orders shipped
Stocks
Orders received
Miscellaneous, enamel:
Orders shipped
Stocks
Orders received number

'189
167
91

229
82
137

240
95
186

267 + 11.5
100 + 4.7
167 - 10.3

1919
1919
1919

154
73
93

199
90
130

200
43
169

182
40
212

+ 25.6
36 - 11.3
201 - 5.1

1919
1919
1919

135
103
81

166
122
108

189
52
151

182
48
190

210 + 15.7
49 + 2.7
169 - 11.0

1919
1919
1919

125
101
84

158
108
115

167
70
156

158
62
180

+ 26.0
+ 10.1
161 - 10.3

93

- 0.8
- 0.5
- 0.3
65 - 6.1

HIDES AND LEATHER.
Hides.
Stocks, end of month:
Total hides and skins
thous. of lbs.
Cattle hides
thous. of lbs..
Calf and kip skins
thous. of lbs..
Sheep and lamb skins
thous. of lbs..
Prices:
Green salted, packer's heavy
native steers
dolls, per lb..
Calfskins, country No. 1

dolls, per lb..
< Revised.

43622°—23




3

.199
.167

.193
.165

s Ten months' average, March to December, inclusive.

69

111
85

108

105

3.0
1.2

34
TREND OF BUSINESS MOVEMENTS—Continued.
NUMERICAL DATA.

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

February,
1928.

March,
1928.

Corresponding
month,
February or
March,
1922.

CUMULATIVE TOTAL
THROUGH
LATEST MONTH.

1922

INDEX NUMBERS.

Percentage
increase

1928

(+)

ordecumulative
1923
from
1922.

1922

BASE
YEAR
OR
PERIOD.

Percentage
increase

1928

or decrease
Feb.

Mar. Dec.

Jan.

Feb. Mar.

Mar.
from
Feb.

HIDES AND LEATHER—Continued.
Leather.
Production:
Sole leather, .thous. of bks., bends, 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..
XTpper
.
thous. of sq. ft..
Stocks, in process of tanning:
Sole and belting
thous. of lbs..
Upper
thous. of sq. ft..
Exports:
Sole
thous. of lbs..
Upper
thous. of sq. ft..
Leather Products.
Belting sales:
Quantity
thous. of lbs..
Amount
thous. of dolls..
Boots and shoes:
Production
thous. of pairs..
Exports
thous. of pairs..
Wholesale prices—
Men's black calf,
blucher
dolls, per pair..
Men's dress welt,
tan calf, St. Louis
dolls, per pair..
Women's black kid, Goodyear
welt, St. Louis
dolls, per pair..

1,449
36,948
139,365
25,496
78,209

1,698
40,935
145,843
29,806
88,721

25,275
77,510

164,270
390,357

163,061
388,070

200,072
449,915

1921
1921

111,239
164,878

111,261
161,687

99,594
175,300

1921
1921

1,796
4,992

1,677
7,049

1,435
8,078

3,457
18,076

4,405 + 27.4
19,062 + 5.5

1913
1913

442
822

520
972

374
625

991
1,659

1,480 + 49.3
2,722 + 64.1

1920
1920

44

30,249
548

34,356
616

29,350
455

79,021
1,167

95,316 + 20.6
1,642 + 40.7

1919
1913

89
46

6.55

6.50

6.62

1913

217

204

210

210

209

4.85

4.85

4.85

1913

153

153

153

153

153

0.0

4.25

4.25

5.75

1913

158

158

142

142

142

0.0

13,894
773,179
85,105
807,782

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

1920
1920
1920
1920

72
65
111

84
76
105

138
148
135
104

128
131
120
91

+ 12.1
+ 7.6
+ 7.2
- 4.8

439
516
72,424

702
589
89,519

9

1,539

4,709

76,961
222,369

4,802 + 2.0

83,558 + 8.6
250,951 + 12.9

82

1919
1919
1919
1921
1921

91
176
122
116
153

103
106

17.2
10.8
4.6
16.9
13.4

-

0.7
0.6

-

99
134

+
+
+
+
+

84

129

0.0
1.9

92
100

111

- 6.6
+ 41.2

79

73

+ 17.6
+ 18.2

38

+ 13.6
+ 12.4

57

-

0.8

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

9,660
25,983
46,007 + 77.1
534,812 1,461,286 2,538,134 + 73.7
57,874
156,898
280,538 + 78.8
899,781
1,003
498
66,566

2,357
1,493
185,233

2,097 - 11.0
1,505 + 0.8
230,611 + 24.5

102
114 + 59.9
87
163
1909-13
1909-13 1,167 1,722 1,772 1,383 1,784 2,034 + 52.9
87 + 23.6
64
64
50
1909-13

.70

.70

barrels.
barrels.

5,914
29,238

5,431
14,596

3,301
19,280

13,595

barrels.
barrels.

46,644
282,610

48,445
222,501

44/
282,428

143,811

115
148

208
124

239
125

253
128

+
+

5.8
2.4

116

137

135

132

133

156

164

173

176

178

+
+

70

70

70

0.8
1.1
0.0

139
136

1917
1913
1913

123

70

1914
1914

204

NAVAL STORES.
Turpentine (3 principal ports):
Net receipts
Stocks
Rosin (3 principal ports):
Net receipts
Stocks

21,671 + 59.4

163,056 + 13.4

1919
1919

21

163

107

144

1919
1919

149

- 8.2
- 50.1

125
122

83
141

87
111

+ 4.0
- 21.3
9
Not exactly comparable with monthly figures prior to July, 1922. The index numbers have been computed by chain relatives and take account of the percentage
variation rather than the absolute variation in the figures, and hence show the trend of the movement irrespective of the change in the number of firms reporting.




79
141

199
114

169

35
TREND OF BUSINESS
NUMERICAL

NOTE.—Detailed tables covering all items are
given i n this number. Consult index a t end
of bulletin.

Febniarv,

March,
1923.

Corresponding
month,
February or
March,
1922.

MOVEMENTS—Continued.

DATA.

CUMULATIVE TOTAL
THROUGH
LATEST MONTH.

1922

INDEX

Percentage
increase

(+)
or decrease
(-)
cumulative
1923
from
1922.

1923

NUMBERS.

1922

BASE
YEAR
OR
PERTOD.

Percentage
increase

(

1923

v

or decrease
Feb.

Mar.

Dec.

Jan.

Feb. Mar. I from
Feb.

FATS AND OILS.
Total vegetable oils:
5,232

- 21.0

10,459

32,398

21,069

-

35.0

1913

34

36

14,620

30,787

39,066

+ 26.9

1913

121

132

15,263

44,345

60,077

+ 35.5

1913

103

129

1919

50

20

153

1919

72

57

111

96

87

03

1919

82

66

127

132

91

56 - 3 8 . 1

1913

139

159

134

149

150

thous. of l b s . .

6,619

Production

thous. of l b s . .

18,688

Consumption

tbous of l b s . .

19,722

19,722

short t o n s . .

302,831

159,922

101,293

Exports

32

23

174

168

124

168

174

166

0.0

59

47.2

Oleomargarine:

Cottonseed.
Cottonseed stocks
Cottonseed oil:
Stocks

thous. of l b s . .

83,667

60,137

54,907

Production

thous. of l b s . .

100,403

62,170

72,758

dolls, per l b . .

.109

.118

.115

Minneapolis

thous. of b u s h s . .

257

309

257

763

1,035

Duluth

thous. of b u s h s . .

43

75

120

302

Minneapolis

thous. of b u s h s . .

58

81

86

Duluth

thous. of b u s h s . .

35

45

127

Price, New York

267,139

307,865

15.2

- 28.1

103 +

8.3

Flaxseed.
i

Receipts:

33 j + 20.2

+ 35.6

1913

254

-

15.9

1913

367

262

-

28.6

1913

52

+ 39.7

343

445

+ 29.7

1913

4

+ 28.6

1913

7 + 183.3
1
- 57.5

7 I+

74.4

Shipments:

Stocks:
Minneapolis

thous. of b u s h s . .

6

17

Duluth

thous. of b u s h s . .

40

17

84

Shipments from Minneapolis .thous. of l b s . .

8,404

8,080

7,232

20,337

26,535

+ 30.5

1913

13,407

15,372

9,283

40,384

46,150

-f 14.3

1913

1913

Linseed oil:

53 i
-

Linseed-oil cake:
Shipments from Minneapolis.thous. of l b s . .

3.9

+ 14.7

Vegetable and Animal Oils.
(Following figures are quarterly.)
Crude vegetable oil:
Production
Consumption
Stocks

thous. of l b s . . 0 754,337
0
.thous. of l b s . . 1 700,790
0
thous. of l b s . . 338,272

562,311

487,7%

1919

0 123

84

130 ...

654,620

523,292

1919

10 96

82

110 j

279,963

376,807

1919

10

72

74

97 |- 25.5
103

-

6.6

55

67

- 17.2
- 28.2

Refined vegetable oil:
0

Production

thous. of l b s . .

462,214

331,733

349,726

1919

10 96

75

71

Consumption

thous. of l b s . . i° 299,396

250,668

244,851

1919

10

69

70

Stocks

thous. of l b s . . 0 193,278

282,109

352,302

1919

Production

thous. of l b s . . 0 503,442

306,389

263,993

1919

|i° 138

74

141

Consumption

thous. of l b s . .

358,307

301,788

1919

!io127

92

130

65

16.3

10 109 ,124

46.0

Cottonseed oil—Crude:

Stocks

0

426,226

thous. of l b s . . 0106,988

60,137

55,117

1919

!

| i°90

50

96

51

86 i - 39.1
I

109
54

j

- 15.9
- 43.8

P e a n u t oil—Crude a n d virgin:
Production

thous. o f l b s . .

10

3,256

1,700

11,074

1919

8 ij-- 47.8

thous. o f l b s . .

10

2, 045

2,354

11,552

1919

1048 ,
10 14

15

Consumption

22

4

Stocks

thous. of l b s . .

10

1,661

979

6,699

1919

10 50 ! 28

7

4 ;+ 15.1
4 - 41.1
109 i+ 16.4

Coconut or copra oil—Crude:
Production

thous. o f l b s . .

10

50,460

58,750

53,404

1919

1066 j

99

94

Consumption

thous. of l b s . .

10

96,794

93,368

70,448

1919

10 59

67

92

Stocks

thous. of l b s . .

10

94,031

85,996

112,014

1919

10 51

72

61

55

Production

thous. o f l b s . .

10

28,964

28,222

26,984

1919

0 114

111

119

116

Consumption

thous. of l b s . .

10

27,957

25,803

28,904

1919

129

125

115 - 7 . 7

Stocks

thous. of l b s . .

6,186

5,672

7,546

1919

10 103
10121

94

77

158,753

-

3.5

-

2.6

Corn oil—Crude:

10

-

8.3

137 -

2.3

207

7.4

71

Linseed oil:
10

Production

thous. of l b s . .

155,148

124,941

1919

10 121

110

140

Consumption

thous. o f l b s . .

10

90,917

97,669

74,396

1919

10 146

157

192

Stocks

thous. of l b s . .

10

81,551

71,629

155,252

1919

10 189

237

125

10

1

+

109 - 12.2

Fish oil:
Production

thous. of l b s . .

20,765

4,694

1,940

1919

i°279

24

252

Consumption

thous. o f l b s . . 10 31,354
10
46,038
thous. of l b s . .

27,507

16,387

1919

10 371

167

320

30,886

32,737

1919

1099

Stocks




0 Previous quarter ending Dec. 81.

73 1.

103

57 - 77.4
281

- 12.3
- 32.9

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.

Februarv,
1923.

March,
1923.

Corresponding
month,
February or
March,
1922.

CUMULATIVE TOTAL
THROUGH
LATEST MONTH.

1923

Percentage
increase
(+)
or decrease

( }

t

or decrease

(-)

1922

INDEX NUMBERS.

Percentage
increase

cumulative
1923
from
1922.

1922

BASE
YEAR
OR
PERIOD.

Feb.

1923

Mar.

Dec.

Jan.

Feb.

Mar.
from
Feb.

Mar.

FATS AND OILS—Continued.
Vegetable and Animal Oils—Continued.
Animal fats:
Production
Consumption
Stocks
Greases:
Production
Consumption
Stocks
Derivatives:
Production
Consumption
Stocks

542,641
thous. of lbs.
thous. of lbs. •0 149,592
thous. of lbs. ° 115,848

650,926
147,979
132,060

530,176
144,620
177,468

1919
1919
1919

10 127
L 106
O
10121

144
100
129

148
104
84

177 4- 20.0
103 - 1.1
96 + 14.0

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

107,725 1 98,823
1
77,517 I 61,234
47,314 | 70,463

1919
1919
1919

106

142
119
105

142
127
62

.
155 + 9 1
150 + 18.4
70 + 12.9

526,803
268,134
146,423

483,256
209,989
179,186

1919
1919
1919

o 155
10 92
o 101

183
101

218
130
72

99 - 8.5
128 - 1 3
.
80 4- 10.1

10 98,702
io 65,4G9
10 41,907

thous. of lbs. io 576,049
271,779
thous. of lbs.
132,975
thous. of lbs.

Oil Seeds and Nuts.
(Reported quarterly.)
Peanuts, hulled:
Consumption
Stocks
Copra:
Consumption
Stock
Corn germs:
Consumption
Stocks
Flaxseed:
Consumption
Stocks

short tons.
short tons.

10 2,893
i°277

1,161
541

3,492
463

1919
1919

10 14

- 59.9
+ 95.3

short tons.
short tons.

io 39,148
io 10,472

45,239
7,070

40,844
15,299

1919
1919

10 64
10 30

107 + 15.6
32 - 32.5

short tons.
short tons.

io 39,726
10
470

38,243
684

39,464
343

1919
1919

10 104
10 68

108
41

108
56

104 - 3.7
81 - 45.5

short tons.
short tons.

o 240,843
io 64,656

232,183
27,136

187,968
27,806

1919
1919

10 122
10 320

109
93

139
217

134 - 3.6
91 - 58.0

Exports, including
flour
thous. of bushs.
12,197
135,697
Visible supply
thous. of bushs.
21,618
Receipts, principal markets.. thous. of bushs.
10,740
Shipments, prin. markets
thous. of bushs.
Wheat flour:
9,425
Production
thous. hi bbls.
7,984
Consumption
thous. of bbls.
7,700
Stocks
thous. of bbls.
Prices:
1.244
No. 1, northern, Chicago, .dolls, per bush.
1.360
No. 2, red winter, Chicago.dolls, per bush.
i
Flour, standard patents,
I
Minneapolis
dolls, per bbl.
Flour, winter straights,
.j 6.713
Kansas City
dolls, per bbl.

10,725
128,085
21,746
13,621

14,371
99,764
20,220
14,135

1913
1913
1919
1919

92
210
72
58

121
194
64
71

138
2C6
144
122

105
274
119
95

102
264
09
54

1914
1919
1919

95
97
80

100
119
64

114
135
82

104
114
78

97
98
82

110
134

131
128

136
138

133 134 -

145

146

145 i- 1.3

•.

FOODSTUFFS.
Wheat.

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

9,232
7,893
7,500

40,344

35,441 - 12.2

60,378
37,006

80,979 + 34.1
43,297 + 17.0

18,728
16,884

19,562 +
17,310 +

4.5
2.5

1.216
1.321

1.352
1.357

1913
1913

153
140

148
138

6.625

7.813

1913

174

170

5.600

6.781

1913

174

176

152

145

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

22,936
51,040
31,035
23,891
6,685

1913
1913
1919
1919
1913

527
533
389
360
142

543
607
207
270
159

117
217
250
158
109

175
263
250
255
132

.737

.740

.575

1913

139

159

134

16,023
27,683
966

18,568
24,044
874

1913
1913
1913

87
405
14

74
371
92

101
186
30

64,627
141, 462
85,126
17, 810

24,046 - 62.8
95,067
55,144
16, 812

• 32.8
35.2
5.6

- 12.1
- 5.6
-f 0.6
!+ 26.8

146 |
|
I

.5.569

29, 877
31, 287
16, 533
5,336

90
249
69
68

2.3
2.9

06
.

211
356
209
187
127

184 j - 12.7
372 - 4.6
175 I- 16.2

150

163 1+ 1.4

77
159
32

90 + 15.9
138 - 13.1
29 - 9.5

189 |+ 2.7
142 ji+ 11.4

Other Grains.
Oats:
Receipts, prin. markets... thous. of bushs..
Visible supply
thous. of bushs..
Exports, including meal, .thous. of bushs..




15,340 ;
64,644
2, 770

49,534
3,717

57,226

15.5

2,337 - 37.1

Previous quarter ending Dec. 31.

109
177
16

37
TREND OF BUSINESS MOVEMENTS—Continued.
NUMERICAL DATA.

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

Febru1928.

March,
1928.

Corresponding
month,
February or
March,
1922.

CUMULATIVE TOTAL
THROUGH
LATEST MONTH.

1922

INDEX NUMBERS.

Percentage
increase

1923

(+)

or decrease
(-)
cumulative
1923
from
1922.

BASE
YEAR
OR
PERIOD.

1928

1922

Feb. Mar.

Percentage
increase

or decrease
Mar.
Dec. Jan. Feb. Mar. from
Feb.

FOODSTUFFS-Continued.
Other Grains—Continued.
Oats—Continued.
Prices, contract grades,
Chicago
dolls, per bush..
Barley:
Receipts, prin. markets...thous. of bushs..
Exports
thous. of bushs..
Prices, fair to good, malting,
Chicago
dolls, per bush..
Rye:
Receipts, prin. markets... thous. of bushs..
Exports, including flour, .thous. of bushs..
Price, No. 2, Chicago
dolls, per bush..

0.457

0.462

0.393

2,556
1,191

3,403
1,012

3,291
836

.663

.644

4,749
5,974
.864

3,679
1,382
.827

3,254
954
1.021

6,110
3,317

29,222
41,209

21,757
41,006

41,867
41,184

392
56,178

396
65,448

1,302
119,813

308,106

30,866

20,586

42,304

94,241

86,192

203,914
33,422

174,302
34,706

154,055
66,903

130,662

115,582

2,292
5,362

1,930
2,933
22,224
724

106

105

122

117

122

123 + 1.1

1913
1913

26
32

36
57

47
52

42
45

28
82

38 + 33.1
69 - 15.0

1913

101

103

110

104

107

15,604 + 155.4
10,811 +225.9

1913
1913
1913

123
780
156

550 555 367
251
615 2,442 2, 229 3,854
140 137 136
160

284 - 22.5
892 - 76.9
130 - 4 . 3

113, 727

75,499 I - 33.6

1913
1919

170
131

202
106

129
130

118
121

141
106

105 - 25.5
105 - 0 . 5

3,262

1,740 - 46.7
223,178 - 2 7 . 6

1919
1919

163
167

214
196

209
154

156
166

64
92

65 + 1 0
.
107 + 16.5

- 8 . 5

1919

131

166

164

136

121

81 - 33.3

- 11.5

1919
1919

204
128

190
213

287
109

281
151

251
106

215 - 14.5
111 + 3.8

11,832
52,068
3,527
24,767

19,790 + 67.3
52,447 + 0.7
4,720 + 33.8
31,410 + 26.8

1919
1919
1919
1919
1919

178
69
88
59
128

111
43
148
42
167

374
121
77
88
190

310
120
107
110
188

223
92
90
80
179

132
79
153
81
205

1,622
632
282
994

4,666
1,891
758
2,743

4,804 |+ 3.0
1,869 - 9.2
689 - 9.1
2,913 + 6.2

1919
1919
1919
1919

69
66
55
72

79
7
1
64
87

89
95
81
87

91
85
64
95

69
63
48
76

73
62
45
84

336,393

718,111
709,031
39,321

795,963 + 10.8
787,670 + 11.1
39,696 + 1.0

1913
1919
1913

98
74
91

119
89
131

124
88
79

125
94
92

107
83
84

116 + 37.9

7,914
1,722

9,735 + 23.0
2,864 + 66.3

106 - 0 . 5

Total Grains.
Total grain exports, incl. flour, thous. of bushs..
Carloadings of grain and grain products, .cars..Other Crops.
Rice:
Receipts at mills
thous. of bbls..
Shipments, total from mills, .thous. of lbs..
Shipments, through New
Orleans
^
thous. of lbs..
Stocks, end of month—
Domestic, at mills and
dealers
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..

3,877
6,257 j

1,398
9,659

1,413
11,045

1,426
559
210
870

1,502
554
198
956

+
+
+

40.9
14.3
70.0
1.1
14.3

Cattle and Beef.
Cattle movement, primary markets:
Receipts
thousands..
Shipments, total
thousands..
Shipments, stocker and feeder.thousands..
Slaughter
thousands..
Beef products:
Inspected slaughter produc. .thous. of lbs..
Apparent consumption
thous. of lbs..
Exports
thous. of lbs..
Cold-storage holdings
(1st of following month)... thous. of lbs..
Prices, Chicago:
Cattle, corn-fed
dolls, per 100 lbs..
Beef, fresh native steers.dolls, per 100 lbs..
Beef, steer rounds,
No. 2
dolls, per lOOlbs..

+ 5.3
- 0.9
- 5.7
+ 9.9

366,801
368,908
11,415

329,038
15,744 I 17,808

100,591

91,327

69,516

1919

31

29

48

48

43

38 - 9.9

9.356
14.80

9 263
.
1 .50
4

8.731
14.50

1913
1913

118
112

124
112

99
120

98
119

94
114

98 - 1.0
112 - 2.0

13.80

14
.50

19.80

1913

97

101

106

103

105

in + 6.0

4,490
1,669
64
2,819

4,926
1,703
69
3,234

3,411
1,181
74
2,246

1919
1919
1919
1919

97
111
83
90

142
158
88
133 134

120
140
85
111

132
143
92
128

Hogs and Pork.
Hog movement, primary markets:
Receipts, primary markets
thousands..
Shipments, primary markets, .thousands..
Shipments, stocker and feeder.thousands..
Slaughter
thousands..




11,302
4,295
163
7,016

14,722
5,259
199
9,448

+
+
+
+

30.6
22.4
22.1
34.7

91
99
99
89 1

134
139
61

+ 9.7
+ 2.0
+ 7.8
+ 14.7

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.

February,
1923.

March,
1923.

Corresponding
month,
February or
March,
1922.

CUMULATIVE TOTAL
THROUGH
LATEST MONTH.

19*23

INDEX NUMBERS.

Per
centage
increase

(+ )

or decrease
(-)
cumulative
1923
from
1922.

BASE
YEAR
OR

Percentage
increase

1923

(

v

PERIOD.

or decrease
(-)
Mar.
from
Feb.

Jan. Feb.

Feb. Mar.

FOODSTUFFS—Continued.
Hogs and Pork—Continued.
Pork products:
Inspected slaughter produc. .thous.
Apparent consumption
thous.
Exports
thous.
Cold-storage holdings (1st of
following month)
thous.

i

of lbs..
of lbs..
of lbs..

752,492
491,156
163,745

of lbs..

Hogs, heavy, Chicago.. .dolls, per 100 lbs..
Pork, loins, fresh,
Chicago
dolls, per 100 lbs.

1,660,137 + 29.0
1,076,789
23.0
545,081 + 39.7

1913
1919
1913

123
141
168

677, 253

1919

67

8.163

10. 338

1913

15. 60

14.80

19. 80

1,366
646
169
708

1,430
646
114
805

1,465

594,090

1,287,110

393,499

875,582

185,197

124,411

390,089

842,781

928,952

7.838

118 i
257
134
152

209
239

156
175

:

200

226 + 13.1

74

92

102 + 10.2

118

124

94

98 + 4 1
.

1913

114

133

105

100 -

5.1

60
53

63 +
53

47
.

Prices:

Sheep and Mutton.
Sheep movement, primary markets:
Receipts, primary markets
thousands.
Shipments, primary markets. - thousands.
Shipments, stocker and feeder.thousands.
Slaughter
thousands.
Lamb and mutton:
Inspected slaughter p r o d u c thous. of lbs.
Cold-storage holdings
(1st of following month)...thous. of lbs.
Prices:
Sheep, ewes, Chicago
dolls, per 100 lbs.
Sheep, lambs, Chicago...dolls, per 100 lbs.

495

454

780

2,466

2,410

30,754

68,269

77,405

1919

62
54

1919
1919

29
72

56
25
74

+ 13.4

1913

59

64

72
60
30

65

1919

-

0.0
20 - 32.5
76 + 13.7

85
81

66

71

67

29
67

68

79 + 15.2

148
182

143
188

153 + 6.4
183 - 2 . 5

5,758

6,632

2,878

1919

34

34

6.719
14.613

7.150
14.250

7.094

1913

14.563

1913

130
182

151
187

11,647
27,070

15,518
16,816

25,475

1919

124
61

107
41

79

45
65

67
44

89 + 33.2
27 - 37.9

thous. of lbs.

23,619

17,154

13,189

1919

76

67

371

221

119

87 - 27.4

thous. of lbs.

113,503

94,920

08,470

1919

133

103

78

150

183

170 - 16.4

12,719

20,034

25,000

63,309

42,9°2

- 32.1

1919

28

35

18

28 + 57.5

40,662

50,409
15,573
2,124

44,919

125,510

139,194

85

36,589

41,035

1919

3,778

4,002

70
86

98
90
164

105
79
72

89
77

1,947

+ 10.9
+ 12.2
+ 5.9

1919

14,586

110 + 24.0
96 + 23. S
179 + 107.2

16
56

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

2,021

9.0
8.3
2.3

4,332

2,221

143

34,831

4,700

677

18,623

53,634

51,064

35,050

84,508

-

34.6

+ 65.5

1919

133

Dairy Products.
Condensed and evaporated milk:
• Exports
.thous. of lbs.
Receipts at 5 markets:
Butter
thous. of lbs.
Cheese
thous. of lbs.
Eggs
thous. of cases.
Cold-storage holdings (1st of following mo.):
Creamery butter
thous. of lbs.
American cheese
thous. of lbs.
Case eggs
thous. of cases.
Wholesale prices at 5 markets:
Butter
dolls, per lt>.
Cheese
dolls, per l b .
Fluid milk:
ReceiptsBoston (including
cream)
thous. of qts.
G reater Ne w Y ork
thous. of cans.
Production—Minneapolis...thous. of lbs.

12,575
1,025

8,910
20,693
13

4,821
14,463
449

1919

9,113

1916-20
1916-20

40
40

16
29

29

10,745
950

1916-20

()
"

26

6

63
67

63
64

84

103
148
207

109
144
189

.485
.241

.371

1919

.249

.199

1919

13,081
2,002
15,421

15,080
2,295
18,118

13,438

41,704

42,518

2,209

6,167

6,467

14,812

41,541

49,616

long tons.

342,715

510,653

535,357

1,242,681

1,104,508

long tons.

124,1G4

284,800

.492

72

86

(ii)

9 - 45.9

39 - 30.1
12

85
83

83
80

82 - 1.4
78 - 3.2

110

100
134
216

115 + 15.3
153 + 14,6
254 + 1T.5

+ 2.0
+ 4.9
+ 19.4

1919

104
128
182

- 11.1

1919

128

165

70

105

157 + 49.0

1919

172

287

47

130

298 +129.4

1913
1913

145
225

Sugar.
Raw:
Meltings, 7 ports
Stocks at refineries, end of
month




273,811
11

Index number less than 1.

39
TREND OF BUSINESS MOVEMENTS—Continued.
NUMERICAL DATA.

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

February,
1928.

Corresponding
month,
February or
March,
1922.

March,
1928.

INDEX NUMBERS.

Percentage'
increase!

CUMULATIVE TOTAL
THROUGH
LATEST MONTH.

1922

1928

or decrease

BASE
YEAR
OR

cumulative
1923
from
1922.

Percent
age
increase

PERIOD.

1922

1923

or decrease
Jan. Feb. Mar.

Mar.
from
Feb.

Feb. Mar.

Dec.

1909-13 2,045 3,673

90

160

997 1,071 + 7.5

283

209

- 51.7

FOODSTUFFS—Continued.
Sugar—Continued.
Refined:
Exports
long tons.
Cane, domestic:
Receipts at New Orleans
long tons.,
Prices:
Wholesale, 96° centrifugal,
N. Y
dolls, per lb.
Wholesale, refined, N. Y
dolls, per lb.
Retail, average 51 cities... .index number.
Cuban movement:
Receipts at Cuban ports
-long tons.
Exports
long tons.
Stocks
long tons.

29,438

31,632

108,468

232,624

65,788 - 71.7

1,506

728

909

11,843

36,133 +205.1

.062

.039
.052

.073

.073

1913

18

1913
1913
1913
1,567,637 2,044,946 + 30.4
832,847 1,431,603 + 71.9

112
121
118

176
171
158

208
17.7
201 + 17.8
185 + 17.1

1919
1919
1919

261
157
124

207
146
71

261 + 26.4
199 + 36.3
101 + 42.1

78
63
96

67
52
104

63
58
93

6. - 7.4
64 + 10.8
77 - 16.9

117
118

97
122

120
211

117 - 2.7
153 - 27.4

84
280

89
273

80
357

+ 13.4
389 + 9 1
.

681,939
474,764
460,009

861,736
647,008
653,692

861,174
512,251
799,619

7,491
1,090
889

6,936
1,208
739

9,404
1,453
913

2,986

2,632 - 11.9

1913
1913
1913

1,187
828

1,155
601

1,159
464

3,386
1,290

3,568 + 5.4
2,122 + 64.5

1913
1913

507
4,623

575
5,043

529
3,636

1,420
10,467

1,641 + 15.6
15,017 + 43.5

1913
1913

32,611

36,451

38,120

104,791

106,152 + 1 3
.

1913

Coffee.
Visible supply (1st of following month):
World
thous. of bags.
United States
thous. of bags.
Receipts, total, Brazil
thous. of bags.
Clearances:
Total, Brazil, for world
ihous. of bags.
Total, Brazil, for U. S
thous. of bags.
TOBACCO.
Consumption (tax-paid withdrawals):
Large cigars
millions.
Small cigarettes
millions.
Manufactured tobacco
and snuff
thous. of lbs.
Exports:
Unmanufactured leaf.
thous. of lbs.
Cigarettes
thousands.
Sales at loose-leaf warehouses
thous. of lbs.
Price, wholesale, Burley good leaf,
dark red, Louisville
dolls, per 100lbs.
Stocks (reported quarterly):
Chewing, smoking, snuff,
export
mills, of lbs.
Cigar tobacco
mills, of lbs.
Total, including imported
mills, of lbs.

26,740
761,695
34,998

31,641
01
32,967
90,867
100,033 + 1 .
937,438 1,002,398 2,581,559 2,606,862 + 1 0
.
22,626
174,493
115,087 - 34.0
19,645

241

89
413

99 + 1 .
18

100

103

133
470
70

85
394

24

118
439
86

208

208

1909-13
1913
1919

82

105
519

91

27.50

27.50

27.50

1913

208

208

208

1,068
10 347
"1,491

1,328
442
1,847

1,303
402
1,785

1913
1913
1913

i°145
i°85
10127

161
109
145

43

132
94
121

10

101 + 18.3
485 + 23.1
28 - 35.4
208

0.0

164 + 24.3
119 + 27.4
150 + 23 9

TRANSPORTATION—WATER.
Cargo Traffic.
Panama Canal:
In American vessels.. .thous. of long tons.
In British vessels
thous. of long tons.
Total cargo traffic
thous. of long tons.

959
376
1,563

380
276
838

740
553
1,645

1,735 + 134.5
783 + 41.6
3,155 + 91.8

1915
1915
1915

208
151
206

252
157
236

483
242
377

425
222
391

526
205
384

1913

107
181
80

113
209
78

109
172
86

87
130
72

107 + 22.9
160 + 23.2
88 + 22.6

108
174
83

107
171
82

102
150
83

92
127
78

104 + 13.1
145 + 14.5
88 + 12,2

Vessels in Foreign Trade.
Entered in United States ports:
Total
thous. of net tons.
American
thous. of net tons.
Foreign
thous. of net tons.
Cleared from United States ports:
Total
thous. of net tons
American
thous. of net tons.
Foreign
thous. of net tons.




3,878
1,527
2,352

4,765
1,882
2,883

4,753
2,127
2,626

12,774
5,922
6,852

13,464 + 5.4
5,430 - 8.3
8,034 + 17.3

1913

93
166
70

4,113
1,
587
2,526

4,650
1,
817
2,833

4,864
2,181
2,684

12,875
6,088
6,788

13,315
3.4
5,277 - 13.3
8,037 + 18.4

1913
1913
1913

90
148
67

10

Previous quarter ending Dec. 31.

40
TREND OF BUSINESS MOVEMENTS—Continued.
NUMERICAL DATA.

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

Febru-

Sk.

March,
1928.

Corresponding
month,
February or
March,
1922.

INDEX NUMBERS.

Percentage
increase

CUMULATIVE TOTAL
THROUGH
LATEST MONTH.

(+)

or de-

1922

1928

1922

BASE
YEAR
OR
PERIOD.

cumulative
1923
from
1922.

Percentage
increase
or decrease
Mar.
from
Feb.

Feb. Mar.

Dec. Jan. Feb. Mar.

34.7 33.1
29.1 28.3

27.1 25.3
24.4 22.9

21.8 21.7 - 0.5
21.1 21.4 + 1 4
.

10
14

+ 19.2
- 21.9
- 10.3

TRANSPORTATION—WATER—Con.
Index of Ocean Freight Rates.
United States Atlantic t o United Kingdom, .weighted index number.
All Europe
weighted index number.

Jan.,'20
Jan.,'20

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

2,739
4,845
15,819

3,266
3,785
14,196

88,491
72,566
206,746

1919
1919
1919

116
129
129

108
96
109

33,857
38,771
80,633

30,849
29,281

255
77
423

1919
1919
1919

2
2
2

1
2
2

202
870
343

141
916
303

178
923
334

162 - 8.9
697 - 24.5
285 - 14,4

215,552

206,312

334,628

1913

219

222

143

139

143

137 - 4.3

848,269
41,209
32,064
185,492
66,646
10,310
497,505
32,616

916,492
41,006
31,145
185,414
74,950
13,336
555,261

827,400
41,184
18,092
131,116
52,734
5,250
495,258
28,451

70,285

26.4

96
131
88
108
88
11
92
104

102
106
55
74
93
14
105
120

105
130
102
107
100
25
103
132

106
121
105
109
118
29
102
138

106
106
97
105
117
28
105
119

114
105
95
105
132
36
118

55,602

1919
1919
1919
1919
1919
1919
1919
1913

< 294,630
< 73,621
<401,577
* 324,572
<47,702
2,357

571,742
157,357
797,354
662,204
77,334
6,913

693,420
170,255
948,799
784,640
99,733
7,639

+ 21.3
+ 8.2
19.0
+ 18.5
4- 29.0
+ 10.5

1913
1913
1913
1913
1913
1913

167
128
157
179
80
102

200
140
186
199
139
114

206
171
201
223
132
132

207
158
197
225
102
130

185
138
175
207
65
112

127 !+ 14.0

8.0
- 0.5
-2.9
0.0
+ 12.5
+ 29.4
+ 11.6

Railroad Operations.
Revenue:
Freight
Passengers
Total, operating
Operating expense
Net operating income
Pullman passengers carried

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

79,152
446,639
375,825
38,859
2,313

2,637

LABOR.
Number employed:
United States (1,428 firms) thousands..
554
New York State
thousands..
Wisconsin
index number..
Total pay roll:
14,329
New York State
thous. of dolls..
Wisconsin
index number..
A v. weekly earnings, Wisconsin. index number..
Unemployment, Pennsylvania (1st of
17,903
following month)
number..
Employment agency operations:
Workers registered
number.. 175,807
Jobs registered
number.. 167,866
Workers placed
number.. 127,965
1.05
Average applicants per job
number..
38,760
Immigration
number..
8,844
Emigration
number..

2,037
567

1,605

1921
1914
12 1915

100
100
97

103
101
100

120
115
120

124
114
121

128
116
125

131
119
126

15,262

11,901

1914
12 1915
12 1915

195
185
191

200
187

243
251
209

241
245
203

241
262
210

257 ! + 6.5
264 I + 0.8
210 + 0.0

14,940

278,850

i» 1921

117

106

169,217
178,384
135,226
95
53,330
10,630

231,981
139,055
122,227
1.67
24,539
15,696

1921
1921
1921
1921
1913
1913

102
93
87
110
15

115
119
129
97
21
31

85
123
122
63
37
37

101
136
134
74
32
23

87
144
135
61
33
17

84
3.7
153
6.3
143
5.7
55
9.5
45 + 37.6
21 + 20.2

1913
1913

105
108

112
117

123
104

126
106

130
107

134 + 3.1
106 - 0.9

611,224
347,817
397,664
64,815
45,704

548,952 - 10.2
505,252 + 45.3
389,968 + 31.0
130,343
30.976

+101.1
- 32.2

6

1.9
2.3
0.8

- 16.6

PRICE INDEX NUMBERS.
Farm prices:
Crops (15th of month)
index number..
Livestock (15th of month)..index number..




4
Revised.
n
First quarter
13

of year.
Nine months' average, April to December, inclusive.

41
TREND OF BUSINESS MOVEMENTS—Continued.
NUMERICAL DATA.

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

Febru-

Sk.

Corresponding
month,
February or
March,
1922.

March,
1928.

CUMULATIVE TOTAL
THROUGH
LATEST MONTH.

1922

1928

Percentage
increase
<+)
or decrease
(-)
cumulative
1923
from
1922.

INDEX NUMBERS.
1923

1922

BASE
YEAR
OR
PERIOD.

Percentage
increase
or decrease

Feb. Mar. Dec. Jan. Feb. Mar.

from
Feb.

PRICE INDEX NUMBERS—Continued.
Wholesale prices:
Department of L a b o r Farm products
index number..
Food, etc
index number.
Cloths and clothing
index number.
Fuel and lighting
index number.
Metals and metal
products
index number.
Building material
index number.
Chemicals and drugs. .index number.
House-furnish, goods, .index number.
Miscellaneous
index number.
All commodities
index number.
Fed. Reserve Bd. (Dept. Labor prices)—
Total raw products
index number.
Agricultural prod, .index number.
Animal products, -index number.
Forest products.. .index number.
Mineral products, .index number.
Producers.' goods
index number.
Consumers' goods
index number..
All commodities
index number.
Federal Reserve Board Index—
Goods imported...... .index number..
Goods exported
index number.
All commodities
index number.
Dun's'
(1st of following month)., index number.
Bradstreet's
(1st of following month)..index number..
Retail prices, food
index number.
Cost of lining:
Bureau of Labor statistics (quarterly)—
Food
index number,
Clothing
index number..
Housing
index number
Fuel and light
index number..
Furniture and house
furnishings
index number..
Miscellaneous
index number..
Total
index number..
National Industrial Conference Board—
Food
index number..
Shelter
index number..
Clothing
index number..
Fuel and light
index number..
Sundries
index number..
All items weighted
index number..
Foreign wholesale prices:
United KingdomBritish Board Trade. . .index number..
London Economist.. ..index number.,
U.S. Fed. Res. Bd.. .index number..
France—
Gen. Stat. Bureau
index number..
U. S. Fed. Res. Bd....index number.
Italy (Bachi)
index number.
Sweden
index number.
Switzerland
index number.




1913
1913
1913
1913

145
144
194
216

143
141
196
218

142
141
199
212

143
143
201
206

110
156
123
177
117
141

109
155
125
175
117
142

131
185
130
182
122
156

133
188
131
184
124
156

139
192
132
184
126
157

149
198
135
185
127
159

7.2
3.1
2.3
0.5
0.8
1.3

1913
1913
1913
1913
1913
1913
1913
1913

146
140
121
166
177
118
148
141

147
141
122
165
178
120
150
142

167
161
128
210
208
135
157
156

168
164
125
215
213
136
155
156

167
170
123
220
207
141
155
157

167
174
123
227
202
148
156
159

0.0
+ 2.9
0.0
+ 3.2
- 2.4
+ 5.0
+ 0.6

1913
1913
1913

110
142
146

111
144
147

138
174
164

139 146 154 + 5 5
.
180 . 187 193 + 3 2
.
165 166
+ 18
.

1913

140

137

153

154

158

160 + 1 3
.

1913
1913

126
142

125
139

149
147

149
144

151
142

151
142

1913
1913
1913
1913

150
°184
o 161
0
181

139
176
161
176

147
172
162
1G
8

142 - 3.4
.
174 + 1 2
0.0
162

1913
1913
1913

°218
°207
°174

207
203
167

208
201
170

217 +
200 169 -

4.3
0.5
0.6

1914
1914
1914
1914
1914
1914

142
169
156
177
177
158

139
165
154
174
174
155

147
167
156
187
171
159

144
167
160
187
171
158

142
1G7
162
187
171
158

142
170
168
186
173
159

0.0
1.8
3.7
1.0
1.2
1.0

1913
1913
1913

165
158
167

163
160
168

155
158
166

157
161
167

158
164
170

160 +
163 175 +

1.3
0.6

1913
1913
1913
1913
1914
Previous quarter ending Dec. 31.

130
137
172
191

1913
1913
1913
1913
1913
1913

10

131
135
174
191

306
283
562
166
171

307
287
533
164
171

362
315
580
155
170

387
324
575
156
175

422
355
582
158
181

424
372
586
162

0

+
+
+
-

0.7
1.4
1.0
2.8

+ 13
.

0.0
0.0

0.0

2.9

+

0.5

+
+
+

4.8
1.0
2.5
2.8

42
TREND OF BUSINESS MOVEMENTS—Continued.
NUMERICAL

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

Febru1923

March,
1928.

Corresponding
month,
Febru-

ary or
March,

]DATA.
CUMULATIVE TOTAL
THROUGH
LATEST MONTH.

(+)
or decrease
(-)

cumulative
1922

1923

1922.

INDEX NUMBERS.

Percentage
increase

Per-

centage
in-

1923
from
1922.

1923

1922

BASE
YEAR
OR
PERIOD.

crease

{+

J

Feb. Mar. Dec.

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

PRICE INDEX NUMBERS—Continued.
CanadaCanadian Dept. Labor .index
U S Fed. Res. Bd
index
Australia
index
India (Calcutta)
index
JapanBank of Japan
index
U. S. Fed. Res. Bd
index

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

1913
1913
1914
1914

169
149
147
179

166
150
146
182

165
147
161
176

165
148
163
179

166
152
161
180

167 +
155 +
163 +
181 +

number..
number..

1913
1913

204
185

201
182

183
173

184
176

192
183

196
185

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

161
156
175
210
183
341
232
204

0.6
2.0
1.2

0.6

+ 2.1
+ 1.1

DISTRIBUTION MOVEMENT.
Mail-order houses, total sales...thous. of dolls..
Sears, Roebuck & Co
thous. of dolls..
Montgomery Ward & Co. .thous. of dolls..
14
Chain stores, total sales
thous. of dolls..
F. W. Woolworth Co
thous. of dolls..
S S Kresge Co
thous. of dolls
McCrory Stores Corp
thous. of dolls..
S. H. Kress & Co
thous. of dolls..
J. C. Penney Co
thous. of dolls..
United Cigar Stores Co
thous. of dolls..
Owl Drug Co
thous. of dolls..
Music (4 chains)
index number..
Grocery (21 chains)
index number..
Drag (8 chains)
index number..
Cigar (3 chains)
index number..
Shoe (5 chains)
index number..
Total department-store sales
(306 stores)
weighted index number..
Total department-store stocks
(265 stores)
weighted index number..
American Wholesale Corp.,
total sales
thous. of dolls.
Wholesale trade:
Hardware
weighted index number..
Phoes

26,178
17,115
9,063
19,506
11,231
5,016
1,257
2,002
2,823
5,158
823

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

23,832
15,801
8,031
19,677
11,847
4 481
1,205
2,134
3,153
6,013
860

61,812
42,402
19,410
52,137
31,444
11 842
3,211
5,601
7,713
15,705
2,424

86,315
55,800
30,515
65,929
38,060
16,895
4,256
6,718
10,010
16,879
2,614

+
+
+
+
+
-f+

39.6
31.6
57.2
26.5
21 0
42 7
32.5

+
+
+
+

19.9
29.8
7.5
7.8

194
236
75
130
115
109
81

+ 25.0
+
+
+
+
-h
+
+
+
+

15.4
43.2
39.2
40.5
38 6
41.0
32.7
55.4
21.8

+ 13.6
+ 9.1
+ 18.2
+ 16.0
+ 22. 7
+105.6

123 + 38.2

1919

2,472

2 226

7 165

9 098

101

186

100

89

1919
2,377

80
109

118

108

105

115

125

+

8.7

+ 27 0

1913

132

163

136

311

174

181

+

4.0

58
50
80
62
94
49
71

82
70
88
76
114
51
64

83
57
73
85
99
57
110

88
56
105
75
113
59
101

82
56
101
75
106
56
81

108
83
113
80
121
54
82

+ 31.7
+ 48.2
+ 11.9

188 + 14.8
125 + 25.8
152 + 20.7

32,007

32,398

25,309

113,949

104,363

-

8.4

1919
1919
1919
1919
1919
1919
1920

2,002
83,496
23,082

2,298
105,023
27,870

1,717
93,592
24,283

16
5,727
254,878
65,634

15

7,429
278,941
75,887

+ 29.7
+ 9.4
+ 15.6

1913
1919
1919

124
90
111

140
112
132

114
120
159

141
108
136

164
100
126

5,877

6,700

6,285

18,605

19,343

+ 4.0

1920

81

87

94

93

81

92

22,366

22,389

22,904

1919

92

91

89

89

89

89 +

16 141
48 311
197 517
243,989

16,110
62 172
641 082
310,473

18,458
40 288
550,758
325,955

1919
1913
1913
1913

92
127
291
320

89
152
913
573

80
141
773
510

78
174
354
425

4,611
41.61

4,656
41.98

4,436
40.60

1919
1919

90
88

90
88

96
93

92
89

.weighted index PviTPfaflr..

Dry goods
weighted index number..
Groceries,. , weighted index miTPb^r ,
Drugs
. .. weighted index wrn'bOT
Meat packing
weighted index number.
Candy sales by manufacturers .thous. of dolls.
Magazine advertising
(for following month)
thous. of lines.
Newspaper advertising
.thous. of lines.
Postal receipts
thous. of dolls.
Internal-revenue taxes collected on—
theater
ftdmissions
thous. r>f dolls

1,089

211
290
232
243
287
248
215
261
198
238
392
274
256
243
351
341
247
242
245
582
215
286
200
203
497
952
629
406
454
446
268
394
273
660
279
229
610
238
296
223
,433 2,862 1,273 1,283 1,994
221
244
340
255
209
265
263
370
253
288
81
95
204
96
88
149
165
166
159
188
125
129
161
123
145
116
124
110
179
135
71
86
165
104
146

+ 6.7
+ 14.2
-3.6

+ 1.2

+ 14.0

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




101 191
917 410
739,408

156 829
1,052 157
796,179

+ 55 0
+ 14 7
+ 7.7

«Includes F. W. Woolworth, S. S. Kresge, McCrory Stores Corp., and S. H. Kress Co. only.
1 Cumulative for four-month period, January to April, inclusive.
5

78
78
234
182
327 1 062
546
429

94
90

95
91

0.1

— 0 2
4- 28. 7

+224 6
+ 27.2

+
+

10
0.9

43
TREND OF BUSINESS MOVEMENTS—Continued.
NUMERICAL

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

February,
1923.

March,
1923.

Corresponding
month,
February or
March,
1922.

DATA.
CUMULATIVE TOTAL
THROUGH
LATEST MONTH.

1922

1923

Percentage
increase
(+)
or decrease
(-)
cumulative
1923
from
1922.

INDEX NUMBERS.

1922

BASE
YEAR
OR
PERIOD.

Percentage
increase

1923

or dej crease
I
Feb. I Mar. Dec. Jan.

Feb.

Mar.
from
Feb.

Mar.

BANKING A N D F I N A N C E .
Banking.
Debits to individual accounts:
New York City

mills, of dolls.

20,397

56,005

63,647 | + 13.6

1919

102

109

19,567

17,367

48,739

56,138 I + 15. 2

1919

81
84

100

mills, of dolls.

19,019
16,905

22,541

Outside New York City

99

112

112

mills, of dolls.

16,784

19,768

18,720

51,356

56,330

9.7

1913

195

237

240

251

Outside New York C i t y . . . . m i l l s , of dolls.

13,217

15,543

12,778

35,550

45,311

27.5

1913

185

221

260

93

1 1 + 18.5
1
+ 15.7

Bank clearings:
New York City

+

213

251

+ 17.8

230

270

+ 17.6

Federal Reserve Banks:
Bills discounted

mills, of dolls.

596

700

636

1919

37

33

33

31

31

36

+ 17.4

Total investments

mills, of dolls.

571

504

544

1919

74

92

119

92

96

85

-

11.7

Notes in circulation

mills, of dolls.

2,247

2,232

2,182

1919

83

83

94

84

86

85

-

0.7

Total reserves

mills, of dolls.

3,202

3,176

3,103

1919

141

142

144

147

146

145

-

0.8

Total deposits

mills, of dolls.

1,952

1,976

1,805

1919

91

93

98

103

101

per cent.

76.2

75.5

77.8

1919

156

155

144

153

152

102 +
150 -

Total loans and discounts...mills, of dolls.

Reserve ratio

1.2
0.9

Federal Reserve member banks:
11,639

11,783

10,842

1921

91

91

95

96

+

1-2

Total investments

mills, of dolls.

4,690

4,714

3,702

1921

110

110

143

144

139

140 +

0.5

Net demand deposits

mills, of dolls.

11,525

11,082

10,309

1919

97

97

106

109

109

105 -

3.8

New York call loans

per cent.

4.78

5.23

4.35

1913

155

137

149

137

150

164 +

9.4

Commercial paper, 60-90 days

per cent.

4.63

5.00

4.80

1913

87 +

8.0

Total, 11 Fed. Res. dists. 16 ..thous. of dolls. 6,240,600 6,276,223 5,729,505

99

Interest rates:
83

Saving deposits (bal. to credit of depositors):
1920

108

108

115

117

118

118

1920

104

105

109

111

112

112

New York dist

thous. of dolls. 1,158,610 1,155,719 1,085,788
thous. of dolls. 1,809,394 1,825,991 1,704,841

1920

111

111

118

118

118

119

Boston dist

0.6
0.2
+

0.9

Philadelphia dist

thous. of dolls.

446.773

449,252

427,104

1920

109

110

112

113

115

115

Cleveland dist

thous. of dolls.

412,811

415,526

374,372

1920

109

108

118

119

120

120

Richmond dist

thous. of dolls.

285,829

287,828

259,576

1920

113

115

124

126

127

128

+

0.7

Atlanta dist

thous. of dolls.

176,536

179,131

156,967

1920

105

107

120

121

120

122

+

1.5

Chicago dist

thous. of dolls.

827,691

834,622

757,209

1920

102

102

110

110

112

111

0.8

St. Louis dist

thous. of dolls.

125.774

126,838

111,675

1921

106

106

118

119

120

121

0.8

0.6
0.7

Minneapolis dist...-

thous. of dolls.

88,992

87,987

79,057

1920

109

110

117

120

124

123

1.1

Kansas City dist

thous. of dolls.

100,096

96,619

87,962

1920

112

114

123

130

130

125

3.5

Dallas dist

thous. of dolls.

56,755

57,958

52,030

1920

111

116

122

122

127

129

2.1

San Francisco dist

thous. of dolls.

877,113

885,590

744,599

1920

113

111

123

128

130

132

1.0

thous. of dolls.

131,980

132,180

144,018

1913

364

362

333

331

332

333

0.2

thous. of policies.
thous. of policies.
number of policies.

209

167

437

520

205

1,791

1,767

150

144

215
145

282

684

+ 31.4
+ 21.4

104

51

130

237

879

850

2,227

2,288

1913
1913
1913
1913

193

669

thous. of policies.

159
551
73
710

157

187

185

154

156

419,839
132,833
15,215
567,888

1,086,938
347,512

1,354,544

1913
1913
1913
1913.

274

318

315

256

385
265

302

214

217

221

1,374

99.8

283

291

377

29.5

113
179

126

+ 11.5

217

213

+ 19.1

252

+ 31.7
+ 12.9

U . S. Postal Savings
Life Insurance.
Policies, new:
Ordinary
Industrial
Group
Total insurance

19.0
- 1 . 3
+ 82.3
+

2.7

176

+ 42.5
194 !|+ 23.8

Amount of new insurance:
Ordinary

thous. of dolls.

415,006

541,388

Industrial

thous. of dolls.

114,758

137,853

Group
Total insurance

thous. of dolls.
thous. of dolls.

9,933

19,848

53©, 698

699,089

35,922
1,470,373

365,289

+ 24.6
+

5.1

43,482 + 21.0
1,763,315 + 19.9

513 1,053 4,549
384
259

411

+ 30.5

•266 + 20.1

Business Finances.
Business failures:
number..

1,508

1,682

2,463

thous. of dolls..

Firms
Liabilities

40,628

48,393

71,608

282,800

372,535

7,517
218,012

5,316

-

29.3

1913

174

184

136

138,231

-

36.6

1913

320

315

256

190

232

310

Total dividend and interest payments
(for following month)

thous. of dolls..

363,235 151,290,700 151,175,460

Dividend payments (for following mo.):
Total

thous. of dolls..

78,210

88,275

86,376

15 373,401

15 383,850

+

2.8

1913

110

124

204

107

112

126

Indust. and misc. corp

thous. of dolls..

46,100

56,900

55,550

i» 195,750

15 202,400

+

3.4

1913

117

144

152

106

120

148

Steam railroads

thous. of dolls..

28,900

23,100

22,875

is 103,425

15 104,455

+

1.0

1913

115

92

100

112

117

thous. of dolls..

3,210

8,275

7,951

15 31,576

is 32,595

+

2.6

1913

64

162

298

128

G5

thous. of dolls..

9,527

14,692

8,505

19,340

34,780

+ 79.8

1913

54

74

82

92

S3

Street railways
U. S. Steel Corp.'s earnings




15 Cumulative for four-month period, January to April, inclusive.

18

Exclusive of St. Louis district.

+ 23.4
93 - 20.1
169 + 157.8
129 + 54.2

44
TREND OF BUSINESS MOVEMENTS—Continued.
N U M E R I C A L DATA.

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

February,
1923.

Corresponding
month,
February or
March,

March,
1923.

CUMULATIVE TOTAL
THROUGH
LATEST MONTH.

1922

INDEX NUMBERS.

Percentage
increase

(+)

or decrease

BASE
YEAR
OR
PERIOD.

(-)
cumulative

1922.

1923

1922

( }

t

or decrease

(-)
Mar.
Feb. Mar. Dec. Jan. Feb. Mar. from

1923
from
1922.

1923

Percentage
increase

Feb.

BANKING AND FINANCE—Continued.
Business Finances—Continued.
New capital issues:
Corporations
thous. of dolls..
States and municipalitiesPermanent loans
thous. of dolls..
Temporary loans
thous. of dolls..
New incorporations
thous. of dolls..
Telephone earnings:
Total operating revenue.. .thous. of dolls..
Total operating income
thous. of dolls..
Telegraph earnings:
Commercial telegraph tolls.thous. of dolls
Telegraph and cable operating
revenue
thous. of dolls..
Operating income
thous. of dolls..
Credit conditions:
Orders
per ct. of total transactions..
Indebtedness .per ct. of total transactions..
Payments
per ct. of total transactions..

237,009

313,928

233,724

696,135

1,184,320 + 70.1

1913

148

207

316

461

173

229

+ 32.1

72,706
4,074
700,708

69,758

125,903
48,157
731,866

292,684
61,385
2,166,923

240,249 - 17.9
52.739 - 14.1
2,111,221 - 2 . 6

1913
1913
1913

263
120
343

370
102
425

276
87
472

287
121
528

214
10
407

205

-4.1

41,317
13,447

36,998
8,073

75,181
16,222

84,158
23,326

+ 11.9
+ 43.8

1913
1913

282
218

300
244

324
249

326
266

315
362

8,166

6,950

14,401

17,152

4- 19.1

1919

91

107

116

118

108

10,094
1,413

8,932
883

18,518
1,925

21,224
3,374

+ 14.6

1919
1919

88
54

102
100

107
138

110
120

100
80

500,819

+ 75.3

1

291 -

28.5

i
31.1
40.0
52.2

32.2
40.1
52.6

26.9
38.1
49.7

1916
1916
1916

93
102
87

97
98
90

100
127
90

107
107
96

113
103
95

117 +
103

0.0

3.5

90

-

1.1

115.03
65.28

116.03
65.06

89.20
57.98

1913
1913

149
68

153
70

187
74

190
74

198
79

199

-

0.9
0.3

22,694

25,855

22,734

54,313

1913

234

328

284

292

328

373

+ 13.9

187,150
61,207
248,357

195,146
66,599
261,745

237,852
180,639
418,491

616,436
531,233
1,147,669

•1919
1919
1919

203
52
100

333
7G
130

249
45
92

300
32
94

202
20
81

274
28
85

+ 4.3
+ 8.8
+ 5.4

84.18
69.31
68.40
73.80
73.42
4.14

81.15
67.42
67.41
72.25
71. (15
4.13

83.33
70.06
64.65
71.80
71.85
4.39

1915
1915
1915
1915
1915
1913

92
91
84
102
92
99

93
93
88
102
94
99

94
93

94
92

94

93

93

93

105
97
94

106
96
93

105
90
93

130,247
2,814

138,895
2,915

1913
1913

*° 191
io 20

191
20

185
25

187 + 1.2
25 — 0.2

92,711
1,355
26.24

105,261
1,399
22.02

1913
1913
1913

10

254
91
43

223
89
51

224 +
89 51 -

255,421
2,524

195,608
2,217

1913
1913

10

345
i°209

368
213

463
234

480
242

+ 3.6
+ 3.8

72,284
704
8,383
1,399

64,494

213,156

45
11

57,154 - £5.6
20,203 +469.5

47
104
618
111

49
90
158
18

- 10.8

88,798
3,558

56
108
498
35

44

15,951
10,392

70,629
228
33,488
963

300 + 90.3
130 +642.8

4,729
3,792
2,191
.643
30.875

6,110
4,626
4,732
.676
32. 310

4,186
6,953
4,302
.644
33. 209

12,002
18,235
15,371

16,029 + 33.0
14,243 - 21.9
13,844 - 9 . 9

91
263
132
107
114

93
195
132
110
116

85
127
42
108
112

110
155
90
113
117

Stocks and Bonds.
Stock prices, closing:
25 industrials, average
dolls, per share..
25 railroads, average
dolls, per share..
Stock sales,
N. Y. Stock Exchange
thous. of shares..
Bond sales:
Miscellaneous
thous. of dolls..
Liberty-Victory
thous. of dolls..
Total
thous. of dolls..
Bond prices:
Highest-grade rails..p. ct. of par, 4% bond..
Second-grade rails..p. ct. of par, 4% bond..
Public utility
p. ct. of par, 4% bond..
Industrial
p. ct. of par, 4% bond..
Comb price index .p. ct. of par, 4% bond..
Municipal bond yield
per cent

68,757

+ 26.6

596,481 204,045 800,526 -

3.2
01.0
30.2

!

92

7S

4.3
90 89 - 3 . 3
91 - 2 . 2

-

2.9

93 93

3.1
0.0

102

Corporation Stockholders.
( The following figures are quarterly.)
Pennsylvania Railroad Co.:
Domestic
number 10 134,609
10
Foreign
number
2,820
U . S . Steel Corporation, common stock:
Domestic
number.. 10 92,281
Foreign.
number.. 10 1,365
Shares held by brokers, .per cent of total.. i°26.28
American Telephone & Telegraph Co.:
Domestic
number.. 10 246,494
10
Foreign
number
2,430

250
90
1042
10

0.5
0.7
0.2

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..




10

206, 203 - 3 . 3

Previous quarter ending Dec. 31.

1913
1913
1913
1913

541
23

48
31
631
13

1913
1913
1913
1913
1913

70
160
130
109
123

75
233
82
108
121

+ 29.2
+ 22.0
+ 116.0
+ 5.1
+ 4.6

45
TREND OF BUSINESS MOVEMENTS—Continued.
N U M E R I C A L DATA.

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

February
1923.

March,
1923.

Corresponding
month,
February or
March,

CUMULATIVE TOTAL
THROUGH
LATEST MONTH.

1922

1923

1922.

Percentage
increase
(+)
or decrease
cumulative
1923
from
1922.

INDEX NUMBERS.

BASE
YEAR
OR
PERIOD.

1923

1922

Feb. Mar.

Percentage
increase

Dec. Jan.

or decrease
( )
Mar.
from
Feb.

Feb. Mar.

FOREIGN EXCHANGE RATES.
Europe:
England
dolls per £ sterling
France
dolls per franc
Italy
dolls, per lire..
Belgium
dolls, per franc..
Germany
dolls per mark..
Netherlands
dolls, per guilder..
Sweden
dolls, per krone..
Switzerland
dolls, per franc.
Asia:
Japan
dolls per yen.
India
dolls, per rupee..
Americas:
Canada
dolls, per Can. doll..
Argentina
dolls, per gold peso..
Brazil
dolls, per milreis..
Chile
dolls, per paper peso..
General index foreign exchange, index number.

4.69
.061
.048
.054
.00004
.395
.266
.188

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

4 38
.090
.051
.084
.004
.378
.267
.194

Par val.
Par val.
Par val.
Par val.
Par val.
Par val.
Par val.
Par val.

90
45
25
43
2
94
97
101

90
47
26
44
2
94
98
101

.484
.318

.485
.316

.473
.278

Par val.
Par val.

95
58

.987
.842
.114
.120

.981
.841
.111
.127

.969
.828
.137
.114

Par val.
Par val.
Par val.
Par val.

95
37
26
34

96
35
25
31

96
32
25
28

96
33
25
28

+0.2
+3.3
+2.1
+ 1.9

0.06

0.03

0.02

0.02

99
101
98

98
100
97

98
99
97

98
99
96 -

0.0
0.0
0.0
1.1

95
57

98
63

98
65

97
65

97 +
65 -

0.2
0.6

97
86
42
58
70

99
89
37
64

P a r val.

96
86
41
53
69

70

99
88
35
66
68

99
87
35
61
67

98 - 0 . 6
87 - 0 . 1
34 — 2.6
65 + 5.8
67
0.0

U. S. FOREIGN TRADE.17
EXPORTS

BY

GRAND

DIVISIONS.

Europe:
Total
France
Germany
Italy
United Kingdom
North America:
Total
Canada
South America:
Total
Argentina
Asia and Oceania:
Total
Japan
Africa, total
Grand total

thous.
thous.
thous.
thous.
thous

of dolls
of dolls..
of dolls..
of dolls..
of dolls

159,647
13,791
24,442
10,705
71,597

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

180,182
19,080
35,658
6,558
72 788

458,147
52,864
81,380
21,461
191 111

514 104 + 12.2
57,552 + 8.9
7.2
75,559 39,045 + 81.9
218,830

1913
1913
1913
1913
1913

103
125
75
86
108

144
149
122
100
148

149
195
84
244
163

152
182
89
236
170

128
108
83
163
145

132 +
160 +
85 +
196 +
129 —

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

74,742
44,497

90,849
53,644

73,542
44,493

191,261
112,380

243,959
147,049

+ 27.6
+ 30.8

1913
1913

119
105

147
132

170
157

156
146

149
132

181
160

+ 21.6
+ 20.6

thous of dolls
thous of dolls

20,937
9,780

22 943
9 105

17 199
6 987

45 148
19,420

65,204 + 44.4
28 095 + 44 7

1913
1913

115
136

141
152

181
215

175
201

171
213

188
199

+

47,012
17,662
4,930
307,269

58,080
23,64^
4,493
341,162

53,799
22,785
5,258
329,980

152,152
69,558
12,834
859,448

146,801 - 3 . 5
54,670 - 21.4
13,902 + 8.3
983,970 + 14.5 !

1913
1913
1913
1913

252
361
180
121

311
438
218
159

269
389
157
166

241
257
186
162

271
339
204
148

335
454
186
165

+ 23.5
+ 33.9
— 8.9
+ 11.0

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

83,855
37,141
26,739
19,462

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

87,879
4.5,261
22,095
20,309

233,642
111,490
66,880
54,595

273,557 + 17.1 j
125,205 + 12.4
84,759 + 26. 7
62,395 + 14.3 !

1913
1913
1913
1913

108
133
86
103

137
187
94
126

148
175
13S
123

156
129
135

131
154
114
121

140 +
168 +
118 +
132 +

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

57,510
2,864
9,470
44,324

60,921
2,646
11,564
45,935

64,581
3,270
8,465
51,760

186,063
8,885
22,366
151,584

185,370
8,874
30,406
143,394

1913
1913
1913
1913

133
101
118
HO

148
120
Rr>
ir.i

136

153
124
161
155

131
105
163
129

139
97
199
134

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

9,823
1,300
6,492
2,021

9,086
1,639
5,586
1,858

10,154
2,709
5,015
2,428

28,787
7,140
14,353
7,288

1913
1913
1913

111
171
KM)

III
\H

93

mr,

W

Nti

108
98
122
82

100 7.5
123 + 26.1
105 - 14.0

1913

107
127
111
88

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

3.2
48.5
2.4
20.0
11.1

9.6

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




7

- 0.4
-0.1
+ 35.9
- 5.4

0.3
28,707 4,626 - 35. 2 ,
IS,016 + 25. 5 1
6,051 - 17.0 J

See headnote at beginning of this table, p. 25.

163
131

m
IO.r>

19f>

7.3
9.7
3.7
9.1

+ 5.9
- 7.6
+ 22.1
+ 3.6

76 -

8.1

46
TREND OF BUSINESS MOVEMENTS—Continued.
NUMERICAL DATA.

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

February,
1923.

March,
1923.

Corresponding
month,
February or
March,
1922.

CUMULATIVE TOTAL
THROUGH
LATEST MONTII.

1922

1923

(+)
or decrease
(-)
cumulative

Percentage
increase

INDEX NUMBERS.

Percentage
increase
BASE
YEAR
OR
PERIOD.

1923
from
1922.

1923

1922

or decrease
Feb. Mar.

Dec. Jan. Feb. Mar.

Mar.
from
Feb.

TRADE AND INDUSTRY OF FOREIGN
COUNTRIES—Continued.
United Kingdom—Continued.
Exports of key commodities (quantities):
Cotton piece goods
thous. of sq. yds..
Woolen and
worsted tissues
thous. ofsq. yds..
Iron and steel
thous. of long tons..
Coal
thous. of long tons..
Production:
Pig iron
thous. of long tons..
Steel ingots
thous. of long tons..
Coal
thous. of metric tons..
Stocks, zinc
short tons...

342,980

337,906

304,293

895,919

1,081,484 + 20.7

1920

108

- 1.5

17,718
318
5,903

14,466
369
7,180

15,057
296
5,201

42,865
774
13,236

54,464 + 27.1
1,041 + 34.5
18,730 + 41.5

1920
1913
1913

100

- 18.4
+ 16.0
+ 21.6

543
707
22,608
221

634
803
28,000
938

390
549
25,161
7,140

978
1,296
63,241

1,745 + 78.4
2,134 + 64.7
72,172 + 14.1

1913
1913
1913
1920

66

12,500
1,004
151
157

14,319

9,866
1,760
92
84

27,501
3,632
186
164

38,558
3,598
316
336

+ 40.2
-0.9
+ 30.1
+ 104.9

1920
1913
1913
1913

65,308
58,646

91,870
78,565

79,337
60,847

185,107
154,949

225,264 + 21.7
202,846 + 30.9

1913
1913

97
150

142
194

126
357

122
209

40.7
+ 34.0

2,959
428
7,129

2,271
562
6,614

1,861
3,533
6,042

5,092
9,761
17,747

7,469 + 46.7
4,132 - 57.7
23,483
32.3

1913
1913
1913

72
36
67

106
27
72

170
68
485

127
24
116

129 - 23.3
31.3
+ 7.2

44
47
1,028

65

42

108
75
3,712

150 + 38.9
95
26.7
3,475 - 6.4

1913
1913
1913

40
48
143

50
34
167

194

49
55
167

92

+ 16.8
+ 13.6
+ 23.8
+324.4

Belgium.
Production:
Zinc
Coal
Pig iron
Steel ingots

short
thous. of metric
thous. of metric
thous. of metric

tons..
tons..
tons..
tons..

Canada.
Total trade:
Imports
thous. of dolls..
Exports
thous. of dolls..
Exports of key commodities (quantities):
Canned salmon
thous. of pounds..
Cheese
thous. of pounds..
Wheat
thous. of bushs.,
Production:
Pig iron
thous. of long tons.,
Steel ingots
thous. of long tons
Bank clearings.
mills, of dolls.
Employment:
Applications
number.
Vacancies
number.
PlacementsRegular
numberCasual
number.
Newsprint paper:
Production
short tons.
Shipments
short tons.
Stocks
short tons.
Exports
short tons.
Business failures:
Firms
number.
Liabilities
thous. of dolls.
Building contracts awarded
thous. of dolls.

42

1,152

185 + ?.4.6

30,866
30;939

37,345
22,571

79,578
45,571

82,997 + 4.3
64,327 + 41.2

1913
1913

90
56

101
76

12,013
15,497

10,624
9,002

22,449
18,120

27,552
22.7
29,882 + 64.9

1913
1913

35
137

54
139

46

20.1

1919
1919
1919
1919

lit
118
76
128

128
129
63
172

77

+47.7

149 + 12.1

111
83

218

39
235

138
147
61
15r

148
140
92
150

137
134
85
153

158
15.7
154 + 14,7
100 + 18.2

215
397
42

186 - 13.5
370 - 6 . 8
62 + 49.9

91,935
91,087
10,689
84,395

106,361
104,496
12,639
11?, 450

85,973
87,572
7,919
95,196

245,685
251,603

298,093 + 21.3
290,623 + 15.5

233,626

280,634

327
5,507
13,312

283
5,134
19,955

212
4,445
13,466

861
17,439
32,577

940 + 9.2
16,697 - 4.3
43,108 + 32.3

1913
1913
1913

203
441
33

139
320
42

20;
399
164

217
436
31

thous. of bushs.
thous. of bushs.
thous. of bushs.
thous. of bushs.

18,263
4,426
6,025
6,229

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

27,600
4,485
2,556
2,661

54,343
17,876
9,166
7,861

48,449
19,740
15,450
20,483

1913
1913
1913
1913

223
48
86
80

321
28
50
80

81
11
6
61

134
85
122
205

217 + 2.2
12 - 55.8
62 - 47.3
+ 18.8

thous. of bushs.
thous. of bushs.
thous. of bushs.

5,180
800
2,600

7,400

4,810
2,000
2,800

1913
1913
1914

272
5
30:

186
46
385

129
11
330

172
46
275

286 + 42.9

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




4,000

- 10.8

+ 10.4
+ 68.6
+ 160.6

+ 53.8

47

WORLD PRODUCTION OF COTTON.*

New crop available

Peru.

United
States.

Mexico.

India.

Brazil.

Egypt.

June.

World total.

Country

August.

August.

November.

September.

September.

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

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

106
129
113
127
125

13,033
18,135
11,192
11,450
11,302

193
108
95
103
135

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

322
387
282
281
345

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

1918
1919
1920
1921

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

129
155
164
157

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

203
199
188
126

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

339
384
451
612

999
1,155
1,251
W2

1922, latest estimates

18,100

9,762

1115

»4,348

553

1,015

1

From private sources.

»1922 acreage 12,496,000 c o m p a r e d w i t h 11,976,900 i n 1921.

WORLD PRODUCTION OF WHEAT *
Country
New crop available...

Argentina.

Australia.

India.

United
States.

Spain.

Italy.

January.

World total.

January.

March.

July.

August.

August.

France. Germany. Rumania. Canada*
August.

August.

August.

September.

Millions of bushels.

Normal consumption
37

(1909-1913)

301

531

136

236

361

221

34

110

197
161
394
263
234

157
114
169
173
80

85
103
25
179
152

351
312
377
323
282

687
891
1,026
636
637

130
116
139
152
143

183
170
171
177
140

317
283
223
205
135

152
146
142
U10
»82

87
49

1916
1917

3,586
4,199
1
2,609
i 2,288

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

1
2,804
> 2, 743
»2,868
13,069

184
172
214
170

115
76
46
146

370
280
377
250

921
968
833
814

136
129
139
146

183
170
141
194

226
«187
«237
<323

»86
»80
«83
«108

•18
•66
«70
«76

189
193
263
301

1922, latest estimates.
1923, latest estimates.

»3,107

181
194

128
105

366
425

856

125

162

<243

<76

«83

400

3,577

1909-1913 average..
1914....
1915

1
2

78

4
Russia excluded. No accurate statistics are available.
New boundaries.
Excludes Alsace-Lorraine.
* Former kingdom, Bessarabia and Bukowina.
» Excludes Dobruja.
. • Data compiled by U. S. Department of Agriculture, Bureau of Agricultural Economics, and corrected monthly in accordance with latest available information received.
by that department or by the Department of Commerce, Bureau of Foreign and Domestic Commerce. Countries are placed in the order in which crops are harvested.




48

PRODUCTION.
Table 1.—INDEX NUMBERS.
Based on data from Government sources.
[Base year in bold-faced type.]
DEPARTMENT OF COMMERCE INDEXES.

Manufacturing.

Raw materials.
YEAR AND MONTH.

Minerals.1

als.i

ings.s

Animal
products. 3

Forestry.4

Total
identical Grand AgriculcomTotal.5 modi- total.' ture.*

Mining."

tles.e

Relative
to 1909-13
average
1909-13 monthly average.
1913 monthly average
1914 monthly average
1915 monthly average
1916 monthly average

FEDERAL RESERVE BOARD
INDEXES. ~
"

Manufacturing.^

Basic
cpmmodities.11
Relative
to 1913.

Relative to 1919.

100.0
109.8
102.4
111.2
127.2

100.0
88.3
96.6
114.8

134.4
135.2
113.6
126.2
98.2
108.8

100.0
113.9
93.3
99.0

100.0
93.9
112.1
112.6

100.0
95.4
97.5
106.3

100.0
101.6
85.5
111.5

100.0
98.5
102.8
108.0

100.0
100.6

100.0

97.8

102.2

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

98.6
107.6
97.2
103.4

95.1
101.8
92.3
98.2

83.1
89.0
102.2
126.8

102.6
101.8
90.9
96.4

93.2
92.3
86.9
93.0

91.7
95.4
96.2
110.6

September..
October
November..
December..

97.1
110.4
93.7
87.6

93.2
103.7
90.1
85.1

152.7
176.6
121.6
118.3

94.9
100.1
97.9
103.4

88.9
92.5
96.2

January..
February.
March
April

95.4
99.1
120.8
67.8

93.0
96.1
116.2
62.5

102.3
96.3
77.8
54.5

96.4
87.8
102.5
106.9

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

80.1
97.3
98.9
106.8

72.7
85.6
84.6
91.4

86.3
75.6
80.1
116.4

September.
October
November..
December..

128.2
142.9
136.0
129.9

114.8
127.8
123.0
119.7

132.9
114.4
134.7

124.3
106.5
125.8

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

100.0
90.4
95.2
98.4

100.0
115.7
85.6
91.3

100.0
98.0
85.9
96.4

116.0
110.5
100.2
105.0
80.6
97.6

79.7
81.4
74.4
81.4

73.6
82.2
93.4
116.7

84.7
83.9
76.7
82.8

84.4
87.1
80.1
90.7

76.9
77.0
75.1
78.7

120.9
135.6
107.2
106.1

81.5
88.8
88.2
83.4

86.9
81.2

115.3
130.9
104.6
93.9

81.6
93.9
86.0
82.0

90.2
94.6
89.5
81.3

79.3
82.7
85.6
83.5

85.7
99.3
101.7

98.2
93.2
93.6
74.1

85.2
82.3
93.6

83.8
82.1
96.7
92.7

88.9
77.7
70.7
57.4

90.0
94.9
117.1
58.6

87.0
80.2
90.9
84.7

86.5
90.5
94.9
85.3

119.6
113.6
105.7
101.0

122.1
127.9
116.2
125.4

95.5
91.5
90.4
107.5

100.5
102.7
97.8
102.1

106.8
112.3
103.4
110.1

82.6
75.1
79.8
106.7

67.9
70.6
65.4
67.5

98.1
99.1
95.3
104.6

92.1
94.2
94.8
93.9

165.8
194.6
160.3
141.3

99.2
111.5
112.7
118.7

118.2
118.2
116.6
98.1

133.8
153.2
136.8
128.3

100.7
108.2
108.4
103.8

104.8
113.6
112.9
107.9

128.8
154.2
137.9
121.3

99.9
118.5
120.1
124.5

100.3
107.5
109.4

106.9
106.9
115.5
115.6

114.5
73.4

113.4
95.4
113.6

106.9

115.6

114.0
100.9

118.6
109.3

106.6
73.3
77.7

131.4
116.6
134.2

108. 7
99.5
112.7

120.7
120.1
125.7

1921.

1922.

1923.
January...
February..
March
April
May..
June..
July..
1
Weighted average of 9 commodities representing about 87 per cent of the total mineral production: for details, see May, 1922, issue (No. 9) and September, 1922, issue
(No. 13) of Survey of Current Business.
2
Weighted average of 26 commodities representing about 94 per cent of the total crop production: for details, see July, 1922, issue (No. 11) of Survey of Current Business.
3
Weighted average of 9 commodities representing about 99 per cent of marketed live stock and live-stock products: for details, see June, 1922, issue (No. 10) of Survey
of Current Business.
4
Weighted average of 13 commodities representing about 80 per cent of forest products marketed: for details see August, 1922, issue (No. 12) of Survey of Current
Business.
& Weighted average of above groups: for details see September, 1922, issue (No. 13) of Survey of Current Business.
6
Weighted average oi 62 commodities with comparable monthly figures from January, 1920, and representing about 36 per cent of the entire manufacturing industry,
based on value added by manufacture: for details, see January, 1923, issue (No. 17) of Survey of Current Business.
7
Weighted average of 70 commodities with comparable monthly figures from November, 1921, and representing about 44 per cent of the entire manufacturing industry:
for details, see January, 1923, issue (No. 17) of Survey of Current Business.
8 Weighted average of 14 commodities: for details, see March, 1922, issue of Federal Reserve Bulletin.
9
Weighted average of 7 commodities: for details, see March, 1922, issue of Federal Reserve Bulletin.
10
Weighted average of 34 commodities: for details, see March, 1922, issue of Federal Reserve Bulletin.
11
Weighted average of 22 commodities corrected for seasonal variations: for details, see December, 1922, issue of Federal Reserve Bulletin.




49
WOOL.
Table 2.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA.
From Government and non-Government sources,1
[Base year in bold-faced type.]

RECEIPTS AT
BOSTON.

YEAR AND
MONTH.

ForTotal. Domes- eign.
tic.

CONIMSUMPPORTS TION
(un(in
manugrease
facequivatured). lent). 2

STOCKS»
(in grease equivalent).
Held b y

Total. manufacturers.

Relative
to 1921.

Relative to 1913.

Held by
dealers.6

RECEIPTS AT
BOSTON.
ForTotal. Domes- eign.
tic.

Relative to last two
quarters of 1920.

100

1914 mo. av.

149

1915 mo. av.

191

STOCKS«
(in grease equivalent)
Held b y

Total.

manufacturers.

Held b y
dealers.6

Thousands of pounds.

A.—INDEX NUMBERS.
1913 mo. av.

CONIMSUMPPORTS TION
(un(in
manugrease
facequivatured). lent).2

B.-NUMERICAL

100
118
112

1OO

1OO

18,761

13,488

5,278

228

171

27,906

15,894

12,012

21,680

391

272

35,801

15,142

20,660

DATA.

34,393

12,651

1916 mo. av.

196

127

371

296

36,683

17,100

19,583

37,432

1917 mo. av.

225

130

468

277

42,215

17,510

24,705

35,083

1918 mo. av.

224

113

506

299

41,956 • 15,275

26,682

37,811

1919 mo. av.

213

132

419

294

39,918

22,093

37,158

17,825

1920 mo. av.

122

65

266

171

31OO

8 1OO

»1OO

22,890

8,809

14,030

21,635

1921 mo. av.

152

89

315

211

1OO

«101

«135

«83

28,590

11,977

16,613

26,717

1922 mo. av.

193

118

383

248

124

'96

U58

'63

36,147

15,909

20,238

31,328

3
845,258
< 533,473 «247,412 * 286,061
54,510 >307,723 '291,318 7216,405

20,044

7,851

12,193

14,745

48,183

100

132

83

14,226

12,830

1,395

5,952

47,103

3 529,174 >188,917

44,125

1921.
May

107

58

231

117

109

June

76

95

26

47

107

July

145

183

47

74

95

27,157

24,693

2,464

9,397

42,126

August

31,294

27,327

3,967

15,867

48,141

167

203

75

125

109

September..

91

109

43

17,028

14,740

2,288

14,592

49,824

72

81

50

115
72

113

October

121

13,536

10,885

2,651

9,086

531,070

242,845

288,225

504,372

252,103

252,269

479,151

277,926

201,225

525,174

293,867

231,307

518,844

302,160

216,683

501,341

288,200

213,141

53,589

95

137

73

November..

84

81

90

87

121

15,696

10,965

4,731

10,946

53,463

December..

102

112

78

99

112

19,183

15,091

4,092

12,520

49,441

January

143

103

247

175

118

26,886

13,825

13,061

22,152

52,280

February...

135

99

224

220

122

25,246

13,407

11,839

27,834

53,774
60,368

1922.

March

213

81

550

340

137

39,946

10,899

29,047

43,071

April

182

72

465

308

96

34,194

9,655

24,539

38,988

42,574

May

218

124

460

261

119

40,972

16,717

24,255

32,956

52,533

June

195

217

140

134

119

36,656

29,278

7,378

16,940

52,621

July

380

300

583

265

106

71,307

40,516

30,791

33,484

46,902

August

227

162

395

272

130

42,635

21,809

20,825

34,472

57,340

September..

114

64

241

6 220

124

October

109

64

225

200

168

214

659

362

132

1923.
January

244

50

740

445

144

February...

250

44

131

March

344

69

April

286

60

775
1,046
862

58

143

227

71
58

412

December..

151

134

November..

91

142

6

95

157

62

12,710

27,892

54,771

11,893

25,261

59,282

9,715

21,731

27,084

63,313

42,643

7,855

34,788

45,817

58,367

6,723

39,066

56,313

63,348

46,875

63

8,594

45,789

164

67

8,637

31,446
98

160

21,304
20,530

99

5,990

40,885

64,537

9,337

55,200

53,586

8,109

45,477

57,916
62,859

May

June
July

sumption a
2jepQ,rt77l67lt OJ (summertc.JD

urcuiti uj t/tc \sc'ii8'uo, in uuupciaiiiuii wii;.u^i/ . o . x/cfu'i frf'tcw uj siyi n,uii*uic,

x>i*icixt* uj xiyi wuiwubiiu* JCAMIWIMVH'

3
These figures have been revised to include only comparable reports each month and thus do not contain the figures for the American Woolen Company and a few
small firms, for which estimates had been made in previous compilations. Stocks include wool, tops and noils.
8
Average of the last two quarters of 1920.
* Average of the first three quarters of 1921.
5 Includes U. S. Government stocks.
< Covers first 21 days only, during which period the old tariff law was in effect; remaining 9 days included with October.
J
i Average of the last three quarters of 1922.

43622°—23




4

50

COTTpN.
Table 3.—INDEX NUMBERS.
Based on data from Government sources.
[Base year in bold-faced type; numerical data on opposite page.]

YEAR AND MONTH.

Production
(crop
estimate).4

STOCKS, END OF MONTH.
Gln-

Receipts
into
sight.

Relative to 1909-1913
average.
1909-1913 monthly average.
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.
1922 monthly average.

100

Imports.

Exports.

Relative
to 1914.

Relative to 1913.

Mills.

Warehouses.

Relative to 1913.

ElseStocks
where
un(com- 6 ginned.'
puted).

World
visible, s

Relative to 1914.

Relative
to 1913.

1OO
1OO

2 1OO

2 100

124

123

86

2 101

2 105

86

86

104

166

96

88

88

99

158

81

109

87

80

114

55

92

77

92

47

88

87

144

75

103

103

78

246

71

61

62

114

74

76

75

152

70

87

ConsumpTotal
tion. domestic
ginned.

100
97
97
111
117
113
100
111
85
102

100
171
161
141

100
97
99

100

127

100

100

100

100

177

248

123

144

182

166

77

112

116

105

140

153

139

111

153

146

83

91

177

108

192

234

86

116

155

119

174

164

95

131

205

88

255

263

112

148

165

106

213

152

45

104

94

1921.
January...
February.
March
April

43

118

83

76

252

66

138

68

82

262

49

134

52

91

244

50

May
June
July
August..

102

117

92

44

85

227

66

332
379

298
98

321
312

328

145

285

286

143

47

156
151

70

91

205

95

231

216

48

96

182

89

244

192

144

51

65

52

55

17

85

158

83

211

161

52

28

97

149

75

197

159

281

120

133

63

45

54

226

31

73

101

184

83

245

205

190

127

50

346

168

154

120

103

242

104

283

343

50

146

50

92

147

253

109

240

123

301

279

13

149

64

22

127

300

88

106

219

129

296

200

4

149

January...
February.
March
April

76

207

65

109

197

124

263

175

140

40

270

47

98

181

118

239

157

126

45

295

63

108

159

116

213

118

116

37

74

84

134

109

182

83

110

May
June
July
August..

51

71

65

112

106

145

60

97

42

62

68

106

88

99

111

34

83

33

42

51

95

69

91

85

12

109

62

76

88

334

September..
October....
November.
December..

58

1932.

85

92

87

45

71

81

September..
October
November.
December..

76
284

116

9 23

51

103

104

79

183

219

72

194

132

110

111

138

103

246

60

118

78

52

78

109

179

244

118

120

144

128

238

15

125

61

26

126

337

84

109

145

143

231

5

123

12

72

518

65

148

198

109

327

49

117

150

159

88

262

44

127
118
129
120

133

34

107

151

135

75

140

112

1923.
January...
February.
March
April

36

May..
June.
July..
See footnotes on opposite page also.
1 Except receipts into sight, compiled by New Orleans Cotton Exchange, and world visible supply of American cotton, compiled by Commercial and Financial Chronicle.
Production estimates from V. S. Department of Agriculture, Bureau of Agricultural Economics; imports and exports from U. S. Department of Commerce, Bureau of Foreign
and Domestic Commerce; consumption and domestic stocks from U. S. Department of Commerce^ Bureau of the Census. Linters are not included in the statistics in this table,
except in the exports. It should be noted that the monthly averages of stocks (except visible supply) and consumption are based on the crop year ending July 31 of
the year stated, while for ginnings the average is for the crop grown in the year stated. Other averages are based on the calendar years.
2 These figures are for fiscal years ending June 30 of the year given; those following are for calendar years.
* All bales are running bales counting round as half bales, except for imports which are given in equivalent 500-pound bales.




51
COTTON.
Table 4.—NUMERICAL DATA.
From Government sources*1
[Base year in bold-faced type; index numbers on opposite page.]

YEAR AND MONTH.

Production
(crop estimate) .
<

STOCKS, END OF MONTH.
Ginnings.5

Receipts
into sight. Imports. Exports.

Consumption.

Total
domestic
ginned.

Mills.

Ware- Elsewhere
(comhouses. puted).6

Stocks
unginned.7

World
visible.s

Bales.3

I
1909-13 mo. av

13,033,235

1,077,758
1,346,275

1,761,029

4,125,050

1,305,575

1,766,241

1,053,233

2,666,879

3,256,082

466,447

7,054,911

1,326,773

3,116,900

2,611,238

3,275,139

4,448,002

585,810

533,134

6,650,295

1,704,731

3,197,001

1,748,565

2,047,505

3,470,325

23,103

401,570

565,709

5,799,680

1,890,108

2,690,708

1,218,872

1,841,476

2,756,811

930,820

18,781

342,696

547,207

5,724,746

1,500,619

2,689,271

1,534,856

2,204,884

2,826,666

1,050,988

29,226

546,432

480,495

7,301,170

1,454,170

3,382,971

2,463,863

2,287,925

3,601,306

940;762

49,999

513,261

534,978

6,374,867

1,595,339

3,056,972

1,722,556

2,542,491

4,063,364

1,036,637

23,137

540,435

407,723

8,437,245

1,181,390

4,484,135

2,771,712

2,983,776

4,588,529

30,953

510,814

492,485

6,788,292

1,430,645

3,755,328

1,602,318

1,198,281

3,230,285

1,228,320

24,024

605,381

366,463

10,402,402

1,263,961

5,645,482

3,492,959

1,256,228

793,739

28,055

493,426

395,115

10,816,949

1,327,155

5,503,139

3,986,655

4,670,831

1,203,092

2 20,309

2 727,048

482,194

1,325,487

1,035,730

a 20,558

2 763,775

468,840

11,191,820

922,348

1,256,604

33,798

696,583

1916 mo. av

11,499,930

946,993

1,186,402

32,064

1917 mo. av

11,302,375

937,354

959,945

1918 mo. a v .

12,040,532

992, * 7

1919 mo. a v .

11,420,763

943,794

1920 mo. a v .

13,439,603

1,195,914

1921 mo. a v .

7,958,641

664,815

1922 mo. a v .

9,964,000

810,754

984,931

January...

460,094

February.

1,256,228

1913 mo. av

14,156,486

1914 mo. av

16,134,930

1915 mo. av

3,094,382

1921.
4,821,886

March

589,856

27,282

375,180

438,218

10,046,779

1,336,542

5,252,852

3,457,385

4,475,521

April

607,218

18,731

319,933

409,247

9,350,944

1,315,706

5,026,894

3,008,344

4,434,379

May....

845,725

10,542

477,389

440,714

8,456,753

1,280,723

4,738,267

2,437,763

6,668,667

June

659,900

9,849

495,590

461,917

7,526,072

1,203,364

4,300,386

2,022,322

4,454,124

607,788

3,452

598,962

410,142

6,534,360

1,111,147

3,723,213

1,700,000

620,214

5,631

423,491

467,059

6,146,788

1,006,066

3,463,964

1,676,758

7,491,991

3,723,986
3,944,690

4,108,428

July....

8,433,000

August..

8,203,000

485,787

September.

7,037,000

2,434,605

1,179,916

6,362

532,839

484,718

7,593,912

1,118,045

4,312,135

2,163,732

5,057,386

October

6,537,000

3,725,962

2,016,263

31,269

874,510

494,317

9,995,040

1,398,138

4,984,831

3,612,071

1,331,424

4,519,489

November..

6,537,000

993,607

1,763,850

51,440

648,695

527,940

9,886,499

1,655,359

5,292,941

2,938,199

337,817

4,622,596

December..

7,953,641

242,395

1,526,858

61,006

639,825

510,925

9,047,675

1,738,138

5,206,663

2,102,874

95,422

4,617,751

January...

30,096

914,329

42,093

475,910

526,698

8,137,761

1,

4,621,708

1,847,385

65,326

February.

65,326

478,213

54,761

338,440

472,336

7,464,656

1,595,242

4,214,862

1,654,552

1922.
4,322,285
3,890,580

March

536,624

59,957

461,484

519,761

6,556,720

1,557,023

3,752,258

1,247,439

3,592,532

April

443,759

15,115

612,659

443,509

5,546,080

1,461,340

3,213,483

871,257

3,398,909

May

608,951

14,320

469,397

495,337

4,611,822

1,420,428

2,559,451

631,943

3,000,680

June

506,575

12,607

491,079

509,218

3,640,993

1,330,903

1,953,478

356,612

2,567,689

392,922

8,587

373,742

458,002

2,831,553

1,218,388

1,488,165

125,000

546,895

14,481

273,308

527,404

2,574,783

1,024,994

1,549,789

8,911,877

2,839,888

July....

11,065,000

August..

11,400,000

September.

10,575,000

3,065,835

1,393,812

»4,628

368,890

495,344

4,282,756

1,065,117

3,217,639

5,846,042

2,228,591

October

10,135,000

4,256,833

2,331,478

26,816

798,664

533,950

5,709,672

1,379,770

4,329,902

1,589,209

3,637,150

November..

10,135,000

1,178,305

2,155,597

49,550

858,337

577,561

5,919,520

1,721,425

4,198,095

410,904

3,876,414

December..

9,964,000

280,763

1,510,011

68,525

607,853

527,945

5,996,240

1,921,295

4,074,945

130,141

3,811,650

872,132

105,215

473,436

610,375

5,468,294

1,986,605

3,481,689

3,359,121

410,188

66,329

359,657

566,924

4,826,397

2,021,903

2,804,494

2,733,781

53,219

318,210

623,105

4,412,334

2,034,535

2,377,799

2,335,063

262,753

877,396

1,889,218

1,966,441

817,171

1,597,056

1923.
January...
February.
March
April

130,141

May..
June.
July..

See footnotes on opposite page also.
« The yearly figures represent the latest revised estimates of total production for the year (not a monthly average). The monthly figures show the current estimates
of total production as reported each month.
J
J
' *"
* ~
~
'
'
-1-1
'- ' J J Tith October. January figures cover the first 16 days of the month,
^
^
_
^
, and mill and warehouse stocks, and corrected at the end of each
o
o
a j
r
f
crop year by reports to the Bureau of theCensus. '
7
Computed from total crop and ginnings to date. September figures are as of Sept. 25, January as of Jan. 16; otherwise as of last day of the month.
• These figures represent world visible supply of American cotton.
9
Covers first 21 days only, during which period the old tariff law was in effect; remaining 9 days included with October.




52

COTTON MANUFACTURES.
Table 5.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA,
From commercial and trade sources,1
[Base year in bold-faced type.]
COTTON !
CLOTH

YEAR AND
MONTH.

Exports.3

Relative to
1913.

FINE
COTTON
GOODS.*

Pro- New
Produc- Sales. duc- orders
retion.
tion. ceived.
Relative to
1920.

Relative to
1919.

FINE
COTTON
GOODS.'

COTTON
CLOTH

KNIT UNDERWEAR.^
UnCanShipcellaments. tions.

Production.

filled
orders, Ex- 3
end of ports.
mo.
Thous.
of
yards.

Relative to 6 months' average,
J u l y - D e c , 1920.

Sales.

1913 mo av

'93

1915 mo. av

Orders
received.

Shipments.

SEE e £ o ? f

Dozens.
B.—NUMERICAL DATA.

1

* 100

Production.

Number of
pieces.

A.—INDEX NUMBERS.

1914 mo. av

KNIT UNDERWEAR.^

117

237,062
I

2 34,572
43,195

1916 mo. av

139

51,687

1917 mo. av

172

63,719

1918 mo. av

122

M13

7 59

45,348

7 434,188

1919 mo. a v . . . .

154

100

1OO

56,920

383,523

1920 mo. av

184

90

26

1OO

6 1OO

«1OO

«1OO

«1OO

68,311

346,238

116,693

591,450

1921 mo. a v . . . .

124

92

81

86

591

101

20

219

45,969

354,274

361,714

507,300

596,175

461,775

9,900

1,102,350

1922 mo. av

132

101

81

106

778

140

28

357

48,913

385,772

361,091

627,825

785,475

641,925

13,950

1,795,550

107

92

72

84

468

95

18

164

39,767

351,053

323,132

498,600

472,500

437,400

9,000

823,500

131

103

74

100

549

114

17

175

48,395

393,526

331,815 | 589,500

554,400

522,900

8,100

878,400

July

134

98

69

88

425

102

24

188

49,668

374,653

306,589 i 520 200

429,300

469,800

11,700

943,200

August

152

94

117

101

706

134

15

159

56,381

359,703

521,458

599,400

712,800

613,800

7,200

801,000

September

168

101

120

105

1,356

145

18

344

62,290

386,929

537,402

9,000

1,726,200

174

103

70

114

832

153

17

357

64,489

394,864

314,858

620,100 1,368,900
839,700
675,900

663,300

October

701,100

8,100

1,791,000

November

144

98

43

114

539

105

52

396

53,422

373,943

191,440

674,100

540,000

480,600

25,200

1,987,200

December

108

117

99

102

444

115

40

384

39,842

449,913

440,578

603,000

448,200

528,300

19,800

1,928,700

January

84

84

51

104

1,018

154

20

400

31,037

320,719

229,380

9,900

2,011,500

88

88

45

110

553

135

31

386

32,707

339,348

202,208

615,600 1,027,800
558,000
648,000

708,300

February

619,200

15,300

1,940,400

March

131

104

72

113

458

141

24

306

48,406

397,800

319,917

668,700

462,600

648,900

11,700

1,535,400

April

139

96

61

110

407

117

46

320

51,615

366,323

273,626

G48,000

411,300

535,500

22,500

1,606,500

May

163
170
163
135

99
105

78

262

17,100

1,458,000

21

91

111

253

9,900

1,269,900

72

105

630

20
39

314

500,400
598,500
710,100
823,500

1,316,400

290

347,368
518,068
93,964
322,396

18,900

35

60,448
62,850
60,238
50,068

378,974

695

109
130
155
179

39

116

113
110

807

Juno
July.
August

18,900

1,577,700

September

138

108

129

98

652

170

24

414,782

574,439

138

97

149

115

1,201

131

18

336
464

51,302

October

50,985

372,996

666,787

November

124

107

88

113

1,006

137

29

455

45,934

411,527

December

112

114

88

93

1,133

119

17

502

41,367

435,785

105

105

125

107

1,157

185

46

587

38,893

99

104

86

106

497

182

20

511

36,751

132

130

99

116

554

189

22

432

48,885

497,511

7

264,810

446,677
6

100,950 «459,000 6 49,900 6 502,350

1921.
May.

1922.

98
107

404,202
375,944
410,858

667,800

814,500

649,800

701,100

540,000

784,800

619,200

636,300

780,300

11,700

1,687,500

603,000

9,000

2,332,800

393,453

657,900
579,600
681,300 1,212,300
666,900 1,015,200

629,100

14,400

2,286,900

391,480

549,000 1,143,900

546,300

8,100

2,523,600

401,786

556,440

22,500

2,950,200

383,818

635,400 1,167,300
501,300
626,400

8.50,500

399,024

837,000

9,900

2,567,700

440,066

688,500

558,900

865,800

10,800

2,168,100

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

July

i
1

Except exports of cotton cloth 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 America,:; those relating to fine cotton goods -from the Fine Cotton Goods Exchange.
„
„ --•
»These figures are for fiscal years ending June 30 of the years specified: others are for calendar years.
ires
«Includes duck and other cloth, bleached, unbleached, and colored. Beginning with January, 1921, the figur are reported in square yards instead of linear yards,
which probably makes the figures slightly smaller than when given in linear yards.
« Reported by 24 identical mills in the New Bedford district, representing about 50 per cent of this industry in New England and from 20 to 30 per cent throughout
the United States.
6 Prorated from percentages of normal production, as reported by the association, representing mills of an estimated normal production of 900,000 dozens per month.
Reports on production cover from 50 to 60 mills, while for other items the reports cover from 30 to 40 mills.
« Average for last six months of year.
» Nine months' average, April to December.




ll_

„

T__

_

OA

_ * J - 1 _ _

_ _

_.

.-. _±

£3 _

.J •

n i l n A o n

AHA

^A«

M

n

1 AM

J\ A * •

WAA

Mf«

53
MISCELLANEOUS TEXTILES.
Table 6.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA.
From Government and non- Government sources.1
[Base year in bold-faced type.]

ELAS- FIBERS
TIC (unmanuWEBfacBING. tured).4

RAW SILK.

Y E A R AND M O N T H .

Imports. 2
Rel. to
1913.

Consumption.s

Stocks,
end of
month.

Relative to
1920.
A.—INDEX

1909-1913 monthly average.
1913 monthly average
1914 monthly average
1915 monthly average
1916 monthly average

Sales.

Relative to

Thous. of
pounds.

1909-1913 averag

Stocks,
end of
month.

FIBERS
(unmanufactured).4

BURLAP.

Imports.

Long
tons.

Thous. of
pounds.

28,613
32,596
32,960
32,769
41,060

33,922

40,653
36,366
36,890
47,398
39,514
45,185

Thous. of
yards.

Bales.

B-NUMERICAL DATA.
100
114
115
115

100
90
109
120

144

100
112
108
100
95

2,850
2,566
3,094
3,406

120
107
109
140
117
133

3,619
4,060
4,627
3,308
4,377

82
96
75
46

92
98
87
85

61
56
43
38

187
166
140
195

41
52
54
63

95
119

192
210
199
174

72
89
92
96

195
203
188
214

92
87
77
56

37,917
36,519
34,047

32,147

317,830

51,312

4,825

26,941
30,635

21,315
32,350

12,620
11,593
13,778

33,318
31,886
27,274
33,817
20,410
22,gl5

128
108
99
101

4,829
4,307
5,936
5,763

27,209
33,846
32,325
32,790

20,541
15,521
17,866
18,899

11,197
12,553
11,353
12,894

23,486
27,537
21,401
13,264

43,513
36,721
33,557
34,350

41
37
39

93
89
148
128

5,445
3,808
4,729
6,746

31,229
26,816
24,955
20,930

23,036
19,304
19,601
24, 804

12, ,\ ,
14,41c
12,830
12,567

11,760
10,713
11,126
25,110

31,409
30,233
50,064
43,462

79
80
84
76

51
65
97
53

111
92
122
110

4,593
3,801
3,406
3, 0S7

33,842
22,107
26,651
24,247

31,139
28,982
22,077
19,268

11,605
11,835
12,307
11,147

14,612
18,462
27,874
15,212

37,781
31,345
41,240
37,200

87
111

77
83
58
72

165
214
108
76

4,602
5,077
4,102
5,982

33, 284
29,529
24,996
34,772

20,826
26,895
27,474
32,515

12,758
16,334
13,915
17,561

22, 120
23,648
16,500
20,542

56,007
72,503
36,575
25,747

100
96
100
97

577

t 4,230
>
7,826
5,702
5,428

34,212
37,471
36,467

129

5 118
150
162
111

31,042

36,795
45,893
47,159
49,174

14,753
14,147
14,716
14,260

* 22,145
29,065
26 553
37,045

100
93
117

165

180

5,603

34,680
36,231
33,51.")
38,193

47,087
44,615
39,436
28,657

14,147
13,713
17,223

47,106

3 1OO
151
172

1OO
42
63

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

169
151
208
202

153
190
181
184

40
30
35
37

76

September..
October
November..
December..

191
134
166
237

175
150
140
117

45
38
38
48

January..
FebruaryMarch
April

161
133
120
108

190
124
149
140

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

164
178
144
210
* 148
275
200
190

average..
average..
average..
average..
average-.
average..

Consumption.3

Imports. 2

NUMBERS.

127
142
162
116
154
169

1917 monthly
1918 monthly
1919 monthly
1920 monthly
1921 monthly
1922 monthly

ELASTIC
WEBBING.

Imports.

Sales.

Rel. to
1919

RAW SILK.

BURLAP.

1OO
79
94

116
111
95
118
71

li,7O7

1921.
85
77
88

1922.

September..
October
November..
December..

102
93

&

40,100
51,038
55,067
37,613

1923.
January...
February.
March
April

61,013

May..
June.
July..
1
1 mports of total raw silk, unmanufactured fibers and burlap are from U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce; consumption and stocks
at warehouses of raw silk are from the Silk A ssociation of America; sales of elastic webbing are from the Webbing Manufacturers Exchange.
> Total unmanufactured silk, including raw silk, cocoons, and waste.
3
Consumption figures represent withdrawals from warehouses. Note that February to December, 1920, inclusive, is used as the base period.
«Includes flax, hemp, istle, jute, kapok, manila. New Zealand flax, sisal, etc.
B
Covers first 21 days only, during which period the old tariff law was in effect; remaining 9 days included with October.




54

ACTIVE TEXTILE MACHINERY.
Table 7.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA.
Based on data from Government sources.1
[Base year in bold-faced type.]
COTTON.3

WOOL.*

YEAR AND MONTH.

Woolen Worsted
spindles. spindles.

Wide
looms.

Narrow
looms.

Woolen Worsted Wide
Carpet | Active
looms. ! spindles. spindles. spindles. looms.

Relative to 1913.

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

« 100
101
110
116
121

« 100
104
100
122
115

« 100
99
95
116
116

* 100

126
121

100
102
102
105
109

78
85
89
93

4 74
77
74
90
85

4 74
73
70
86
86

1918 monthly
1919 monthly
1920 monthly
1921 monthly
1922 monthly

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

118
105
88
94
108

108
104
100
114
105

119
105

90
79
99
82
118

111
111
114
109
109

91
81
68
72
83

80
77
74
84
78

88
78
64
71

93

118
104
96
97
100

53

77
91
105
118

62
77
86
100

70
79
90
97

74
59
63

104
107
106
108

41
53
68
76

57
67
78
87

46

96

Carpet
looms.

Active
spindles.
Thousands.

B.—NUMERICAL DATA.

99
104
118
109

105

Narrow
looms,

Per cent of active to total.

A.—INDEX NUMBERS.
1913 monthly
1914 monthly
1915 monthly
1916 monthly
1917 monthly

COTTON.3

WOOL.2

* 100

<73
77
70
92

«68
67
71
80
74

30,246
30,920
30,720
31,807
32,984

61
54
67
56

33,624
33,429
34,458
33,071
33,086

51
58
66
71

50
40
43
46

31,509
32, 497
32,148
32,597

47
49
50

32,836
32,665
32,446
32,931

76
70
71
73

1921.
January..
February.,
March
April
,

57
64
74

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

103
104
103
101

122
122
118
124

108
109
108
105

103
103
104
99

108
108
107
109

79
80
79
78

90
90
87
92

80
81
80
78

75

September.
October
November..
December..

101
104
101
97

123
124
122
118

103
104
99
95

104
103
107
108

101
107
109
109

112
113
114
114

78
80
78
75

91
92
90
87

76

74
75
78
79

95
104
109
108

116
116
101
84

93

100
100

115
116
116
116

114
112
105
104

73
80
84
83

86
86
75
62

112
112
109
108

91
92
92
101

85
86

92
99
93

115
115
115
116

105
105
106
107

86
86
84
83

110
109
109
110

109
120
122
120

97
104
109
109

104
108
112
114

121
122
124
125

110
112
115
116

85
84
84
85

110
113
117

122
123
127

109
112
116

118
118
118

126
125
128

117
117
117

85
87
90

75
74
72

74

33,875
34,206
34,428
34,439

60

78
79
79
79

34,441
33,755
31,873
31,390

67
68
68
75

63
64
64
65

78
78
78
79

31,653
31,877
31,975
32,499

81
89
90

72
77
81
81

82
83
84
85

33,297
33,859
34,665
34,968

86
85
87

35,241
35,308
35,501
35,516

77
73
70

73
74

1922.
January..
February..
March
April
May....
June.. .
July....
August.
September.
October
November..
December..

65

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

1 Data from 77. S. Department of Commerce, Bureau of the Census.

2
Formerly reported as of the first of the following month representing previous month's operations but now reported as of the month to which the figures apply. In
the present table each figure shows the activity for the month to which it is credited.
a 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.

55
HOURLY ACTIVITY IN TEXTILE MACHINERY.
Table 8.—(A) INDEX NUMBEKS AND (B) NUMERICAL DATA,
Based on data from Government sources.1
[Base year in bold-faced type.]
WOOL. 2

WOOL. 2

Spinning
spindles.

Looms.

WIDE.

NARROW.

CARPET cards.
AND
RUG.

WOOL-

WOR-

Spinning
spindles.

Looms.

Sets
of Combs.

Y E A R AND MONTH.

WIDE.

Relative to 1921.

NARROW.

CARPET
AND
RUG.

100

1922monthly average.

100
102

100

100

150

124

Sets
of
cards.

Combs.
WOOLEN.

WORSTED.

Total Activity
activity
spindle
of
in
spindles

place.

Millions
of hours. Hours.

Per cent of active hours to total reported.

A.—INDEX NUMBERS.

1921 monthly average.

COTTON.

B.—NUMERICAL DATA.

100
102

100

100

68.8

120

96

68.4

63.9
65.3

51.3
76.9

71.5

89.1

71.9

90.8

81.9
78.6

7,723

1920.
October

67

108

76

74

75

45.9

52.3

55.3

54.1

61.6

53.3

61.5

November

59

105

60

55

64

57

40.3

39.6

53.8

42.9

49.0

46.1

46.6

December

48

45

83

47

42

44

30

33.3

28.8

42.5

33.9

37.1

31.6

34.8

1921.
January

44

52

71

50

55

49

55

30.0

33.3

36.5

35.7

49.0

35.5

44.7

February

80

67

70

69

83

69

76

54.7

42.9

36.1

49.4

73.8

49.5

62.1

82

70

90

100

92

91

61.7

52.7

35.7

64.2

88.7

65.9

74.3

74

105

106

107

106

73.4

63.2

38.0

75.0

94.6

77.1

86.5

March

90

April

107

May....

116

109

86

112

111

113

109

80.1

69.9

44.1

80.2

98.6

81.4

89.6

June

120

115

92

115

108

114

114

82.5

73.7

47.1

82.1

95.9

81.8

93.4

July....

115

110

82

111

98

111

105

79.2

70.6

42.1

79.4

87.4

80.0

85.7

August..

111

108

112

110

102

110

108

76.7

69.0

57.4

78.9

91.2

78.8

88.5

7,320

200

September.

108

113

128

110

110

110

113

74.2

72.5

65.5

79.0

97.6

79.1

92.2

7,379

202

October

109

114

136

115

112

114

112

75.1

73.0

69.9

82.0

99.5

81.7

91.9

7,583

207

November.

104

116

142

110

105

109

107

71.3

74.3

72.7

78.8

93.8

78.1

87.4

7,689

210

113

137

102

111

103

105

67.1

72.2

70.3

72.9

9a 6

74.4

86.2

7,726

210

215

December..

•

1922.
January

94

106

148

105

108

104

105

64.8

68.0

76.1

75.4

96.3

74.6

86.1

7,932

February

96

107

150

118

109

113

101

65.9

68.1

76.9

84.4

97.2

81.6

82.7

7,120

193

March

92

99

152

124

92

119

86

63.1

63.5

78.2

88.4

82.3

85.9

70.8

7,779

211

April

85

84

146

121

82

118

76

58.4

53.4

74.8

86.2

72.7

84.8

62.1

6,636

180

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

91
93
91
92

123
125
120
120

89.7

79.2

88.6

65.3

7,493

203

91
90

91.0

81.2

68.5

7,646

207

88.2

80.4

66.1

7,045

191

88.8

85.5

71.4

8,033

217

147

125

141

127

137

123

150

94

124

80

62.4

55.2

84

63.8

59.9

81

62.8

62.5

75.5
72.1
70.4

87

63.6

58.3

76.8

86.2

September.

105

112

158

128

105

123

103

72.4

91.3

93.2

88.1

84.0

7,761

209

114

122

144

131

119

126

115

78.6

71.3
77.7

80.9

October....

74.0

93.8

3106.4

90.6

94.0

8,289

223

November.

116

114

163

131

3 125

125

114

80.0

72.7

83.7

93.7

3 111.4

89.7

93.7

8,710

234

December..

123

115

162

132

3 116

126

120

84.5

73.3

83.3

94.4

3 103.8

90.5

98.6

8,228

221

249

1923.
January

126

131

168

133

3 116

127

116

86.7

83.7

86.3

95.1

3 103.0

91.6

95.4

9,266

February

116

116

160 !

133

105

132

117

79.7

74.3

81.9

95.0

93.3

94.6

95.8

8,449

227

March

135

134

170 !

145

132

137

125

92.9

85.7

87.1

<103.9

3 117.2

98.6

102.1

9,531

255

April
May..
June..
July..
1

Compiled by 77. S. Department of Commerce, Bureau of the Census.
Formerly reported as of the first of t h e following month representing previous month's operations b u t now reported as of the month to which the figures apply. In
t h e present table each figure shows the activity for t h e month to which i t is credited.
3
Overtime was reported sufficient t o offset all idle hours and leave a n excess for October of 34,775 hours, or 6.4 per cent, for November of 65,380 hours, or 11.4 per
cent, for December an excess of 20,427 hours, or 3.8 per cent, for J a n u a r y 16, 994 hours, or 3 per cent, a n d for March 98,726 h o u r s , or 17.2 per cent.
* Overtime was reported sufficient t o offset all idle hours a n d leave a n excess for March of 62,490 hours, or 3.9 per cent.
& Overtime was reported sufficient to offset all idle hours a n d leave an excess for March of 11,720,315 hours, or 2.1 per cent.
1




56

TEXTILE WHOLESALE PRICES.
Table 9.—INDEX NTJMBEES.
Based on data from Government sources.1
[Base year in bold-faced type; numerical data on opposite page.]

COTTON.8

YEAR AND MONTH.

COTTON
YARN.

COTTON GOODS.

Carded,
white,
Middling
Price to
upland, northern,
producer,
mule spun,
New
all grades. York. 22/1 cones,
Boston.

Print
cloth,
27",
Boston.

WOOL.2

UnSheetings,
Ohio,
washed, fine, un4/4 Ware
price to
Shoals,
washed,
producer,
LL,
New York. all grades. Boston.

WORSTED
YARN.

WOMEN'S
DRESS
GOODS.

3/32's
crossbred
stock,
Boston.

Storm
Wool-dyed,
serge, all
blue,
Japanese,
wool,
55/56",
Kansai
double
MiddleNo. 1,
warp, 50",
sex,
New York.
New York. New York.

SUITINGS.

SILK,
RAW.

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 av....
1922 monthly a v —

245.8
246.6
267.5
102.5
143.3

248.5
253.9
264.9
118.8
165.9

267.5
240.8
283.8
133.3
160.5

327.5
287.0
363.8
146.3
189.9

317.3
273.5
343.5
143.0
168.4

346.1
305.3
228.3
101.1
173.6

290.9
277.3
277.3
140.9
200.0

271.5
209.5
234.9
151.7
181.9

260.4
234.2
238.3
156.6
149.0

261.5
259.5
270.5
182.8
200.7

172.3
244.0
227.4
165.8
198.4

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

May
June
July
August

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

1922.
January
February
March
April

136.6
129.1
132.5
133.3

140.0
141.2
143.2
141.5

147.5
141.6
142.5
141.3

167.5
163.2
173.0
173.3

159.6
159.6
156.7
147.7

107.7
133.5
149.7
148.5

159.1
172.7
177.3
172.7

164.5
167.4
160.9
167.4

144.9
144.9
144.9
144.9

183.5
183.5
183.5
183.5

185.8
180.4
165.6
179.1

May
June
July
August

132.5
155.8
170.0
172.5

162.9
172.7
174.6
171.1

149.4
161.4
166.4
169.5

184.9
188.4
190.7
187.5

150.8
162.2
172.0
174.1

173.7
196.4
194.6
189.2

186.3
213.6
218.2
218.2

173.8
183. 7
180.3
180.3

144.9
144.9
144.9
144.9

198.1
198.1
198.1
212.6

197.9
200.6
193.9
195.2

September
October
November
December.. .

175.8
166.7
186.7
198.3

167.9
178.0
200.1
201.0

166.5
171.2
182.6
186.0

190.7
207.5
222.9
223.2

175.6
176.4
190.1
195.6

189.2
192.8
198.8
211.4

218.2
227.2
231.8
227.2

186.7
193.1
212.4
212.4

144.9
146.4
168.9
168.9

212.6
212.6
221.4
221.4

1923.
January
Februarv
March
April

204.2
216.0
230.8
236 6

214.7
226.4
239.9
226.3

191.5
196.7
202.9
199.8

227.3
231.9
237.7
229.3

197.1
205.5
208.3
210.4

211.4
211.4
223.3

236.0
236.0
231.8
. 231.8

218.9
225.3
225.3
225.3

168.9
176.4
184.0
184.0

221.4
227.2
227.2
227.2

September
October
November
December

.

May
July




"j
I

li

1
See footnotes on opposite page.

!

210.0
228.9
216.8
226.2

224.8
241.0
237.0
255.8

i

57
TEXTILE WHOLESALE PRICES.
Table 10.—NUMERICAL DATA.
From Government sources,1
[ Base year in bold-faced type; index numbers on opposite page.]

COTTON.2

YEAR AND MONTH.

COTTON
YARN.

Per yard.

SO. 1 2 0

$0,128

$0,248

1914 monthly a v . . . .

.106

.121

.218

WORSTED
YARN.

WOOL.*

Carded,
white,
Sheetings,
Un4/4 Ware
washed,
Price to Middling Northern,
Print
mule
producer, upland,
cloth, 27", shoals,
price to
all grades. New York.
Boston.
spun,
producer,
LL,
22/1 cones,
New York. all grades.
Boston.
Per pound.

1913 monthly av

COTTON
GOODS.

Ohio,
fine, unwashed,
Boston.

2/32's
crossbred
stock,
Boston.

$0,035
.030
.029
.042
.066

$0,061
.056
.052
.072
.118

Per yard.

.195
.168
.210
.087
.103

$0.22
.24
.27
.31
.55

$0,777

$0,563

.640

.500

.788

.557

.290

.64
.61
.61
.31
.44

$0,167
.176
.225

1915 monthly a v . . . .

.089

.102

.198

.135

.145

.297

1917 monthly a v . . . .

.215

.235

.449

1918monthly a v . . . .

.295

.318

.662

1919monthly a v . . . .

.296

.325

.596

1920 monthly a v . . . .

.321

.339

.703

1921 monthly a v . . .

.123

.152

.331

1922 monthly av

.172

.212

.397

.113
.099
.126
.051
.066

.115

.167

.336

.058

.095

.196

.31

.118

.139

.321

.053

.093

.198

.31

.103

.118

.283

.045

.087

.189

.33

1.200

.094

.121

.278

.043

.076

.179

.33

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

.094

.129

.043

.074

.160

.098

.120

.289

.043

.071

.154

.096

.124

.279

.043

.071

.098

.139

.303

.047

September.
October....
November.
December..

.126

.204

.396

.058

.198

.197

.421

.064

.276

SUITINGS.

SILK,
RAW.

Storm
serge, all Wool-dyed Japanese,
blue,
Kansai,
wool,
55/56",
No. 1,
double
Middlesex, New York.
warp 50", New York.
New York.

Per pound.

1916 monthly av

1921.
January
February
March
April

WOMEN'S
DRESS
GOODS.

Per pound.

$1,545
1.459
1.564
1.974
3.158

$3,640
3.694
3.318
4.867
5.494
6.273
8.880
8.273
6.035
7.219

1.050

.762

1.556

1.088

2.109

1.465

1.627

1.318

1.825

1.340

4.040
4.009
4.179
2.933
3.101

1.150

1.047

3.060

5.782

1.150

.885

3.060

5.733

.885

3.060

5.880

1.200

3.060

5.782

.32

1.250

2.925

5.635

.31

1.200

2.925

5.733

.155

.29

1.150

2.925

5.733

.072

.154

.28

1.150

2.835

5.390

.093

.155

.29

1.150

.885

2.835

5.978

.103

.158

.29

1.150

.824

2.835

6.027

.472
.578
.510
.381
.169

1.179
1.413

.177

.182

.397

.060

.105

.156

.29

1.150

.815

2.835

7.154

.162

.183

.382

.058

.107

.169

.31

1.250

.815

2.835

7.595

.163

.179

.365

.058

.098

.180

.35

1.278

.815

2.835

6.762

.155

.181

.351

.056

.098

.223

.38

1.300

.815

2.835

6.566

1922.
January
February
March
April

.159

.183

.353

.060

.096

.250

.39

1.250

.815

2.835

6.027

.160

.181

.350

.060

.091

.248

.38

1.300

.815

2.835

6.517

May....
June
July
August..

.159
.187
.204
.207

.208
.221
.223
.219

.370
.400
.412
.420

.064
.065
.066
.065

.093
.100
.106
.107

.290
.328
.325
.316

.41

.815

.815

3.060
3.060
3.060
3.285

7.203

.47
.48
.48

1.350
1.427
1.400
1.400

September.
October....
November..
December..

.211

.215

.412

.066

.108

.316

.48

1.450

.815

3.285

7.644

.200

.228

.424

.072

.108

.322

.50

1.500

.824

3.285

8.330

.224

.256

.452

.077

.117

.332

.51

1.650

.950

3.420

7.889

.238

.257

.460

.077

.120

.353

.50

1.650

.950

3.420

8.232

1923.
January
February
March
April

.245

.275

.474

.259

.290
.307

.502

.284

.260

.495

.815

7.301
7.056
7.105

.121

.353

.52

1.700

.950

3.420

8.183

.126

.353

.52

1.750

.993

3.510

8.771

.082

.128

.373

.51

1.750

1.035

3.510

8.624

.079

.129

.51

1.750

1.035

3.510

9.310

.078

.487

.277

.815

May.
June.
July.
of prices received by producers throughout the United
I Economics. 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, until June, 1922, and beginning with June, 1922, compiled by U. S. Department of Commerce, Bureau of the Census.
8
The prices of cotton and wool to the producer represent a composite of all grades as they come from the farms. The market prices, especially in the case of wool,
are quoted on a specific grade above the average and include handling and transportation charges.




58
PIG IRON.
Table

11.—INDEX NTTMBEBS.

Based on data from Government and non-Government sources*1
[Base year in bold-faced type; numerical data on opposite page.]
MERCHANT PIG IRON.

IRON
ORE
MOVE-3
MENT.

At Sault
Ste.
Marie
Canals.

YEAR AND MONTH.

Stocks on hand.
PRODUCTION.

Production.

Sales.

1918 monthly average
1919 monthlv avpracre
1920 monthlv average
1921 monthly average
1922 monthly average

. ..

100
65 !
94
132 i

Unfilled

orders.

Relative to 1914.

100
75
97

100

100

100

100

Meltings.*

Pig iron.

Foundry, No. Basic
2 North- (valley
furern
nace).
(Pittsburgh).

124

126

126
100

133

129

145

186

118

119

155

125

176

263

Composite
iron.8

Relative to 1913.
100
87
93
132
259

100

127

98

...

Steel
plants
making
some
merchant
iron.

WHOLESALE PRICES.

Relative to 1921.

128

.

Merchant
furnaces
only.

Relative to 1913.
1913 monthly average
1914 monthly average
1915 monthly average
1916 monthly average
1917 monthly average

Shipments.

OHIO
FOUNDRY
IRON.

100
88
93
134
265
221

«1OO
53

»1OO
250

215
189
281
157
169

100
88
92
132
259
222

47

54

44

44

57

85

88

87

71

109

99

84

63
38
84
43

May
June
July
August

34

48

39

34

54

85

91

112

93

158

150

159

83

42

36

24

43

78

92

116

95

149

141

150

54

34

32

40

38

77

140

26

63

60

80

80
117

132

37

113
95

138

55

92
84

137

124

132

September
October
November

45

38

29

85

67

87

130

136

38

61

91

79

77

• 72
126

143

49

79
69

85

40

143

131

137

6

55

54

48

78

72

67

79

117

142

129

136

64

63

64

61

71

72

93

100

137

127

132

64

60

69

71

69

76

95

112

133

123

132

64

51

79

76

70

125

153

104

82

151
193

121

67

89
96

130

80

72
71

122

1

81

65

240

114

114

59

82

234

131
142

136

125
135

188

194

287

284

148

156

165

161

1921.

.
1922.

January

. . . .

March
April
,

17

117

123

109

44

69

239

161

167

155

75

111

106

41

49

170

158

66

115

32

165

159

51

68

89

21

38
24

163

71

95
82

245
283

162

94

83
74

348

202

181

180

83

79

58

55

77

71

80

57

64

16

229
210

210

206

46

111

102

72

89
112

303
297

211

103

20
21

222

73

57

25

25

306

185

189

191

121

September
October
November
December

66

92

111

July ...
August

90

83
112

May . .

June

113

245

114

88

30

41

295

171

169

173

40
38
35
35

287
327
402

180

175

177

183

179

181

16

1923.
126

February
March .
April

121

152

127

95

117

115

209

130

138

133

279

159

116
147

36
37
32

139

141

67

154

126

35

202

205

197

205

211

204

May

July.
See footnotes on opposite page also.
Iron ore movement from the U. S. War Department, Engineer Corps;figuresfor pig-iron production (anthracite and coke, not including charcoal iron) furnished by
the Iron Age; merchant pig iron by the American Pig Iron Association, representing about 60 per cent of total merchant production and about 90 per cent of production
in strictly merchant furnaces: Ohio foundry iron by Ohio State Foundrymen's Association; wholesale prices, average of weekly quotations, from U. S. Department of
Labor, Bureau of Labor Statistics, except composite pig iron, which is compiled by the American Metal Market.
8
No allowance made for seasonal variation in computing these index numbers. Thefiguresrepresent the total iron ore movement, both for the United States canal and
the Canadian canal which is equivalent to about 85 per cent of the total iron ore production of the United States. Figures for 1913 to 1922 represent monthly averages computed from the total movement for the year on a six months' basis during the equivalent of which period th^ cotal movement takes place. The canals, however, are open
irom April to December, inclusive ; and the monthly data here shown covers the entire season during which the canals are open.




59
PIG IRON.
Table 12.—NUMERICAL DATA.
From Government

and non-Government

sources.1

[Base year in bold-faced type; index numbers on opposite page.]

MERCHANT PIG IRON.

IRON
ORE
MOVEMENT. 2

Stocks on hand.
j PRODUC! TION.

At Sault
Ste. Marie

YEAR AND
MONTH.

Production.

Sales.

Shipments.

Unfilled
orders.

Canals.

8,018,226
5,235,628
7,535,601
10,575,351
10,229,015

1915 mo. a v . .
1916 mo. av
1917 mo. av

2,560,342
1,920,813
2,471,881
3,253,280
3,182,165

10,091,883
7,820,465
9,463,416
3,765,887
7,037,890

1913 mo. av

3,208,837
2,548,573
3,034,510
1,378,641
2,240,021

503,450
586,016
168,494
269,513

1918 mo. a v . . . . . .
1919 mo. av
1920 mo. av
1921 mo. av
1922 mo, a v .

Steel
plants
making
some
merchant

MeltIngs. 4

iron.

Pig iron.
Foundry
No. 2
North- |
em
(Pitts- !

Basic
(valley
furnace)

Composite
iron. 6

Dollars per long ton.

$16.00
13.90
14.87
21.07
41.39

§14.75
12.88
13.74
19.76
38.90

$15.42
13.52
14.15
20.31
39.99

20.71
51.82

34.46
30.31
44.90
25.13
27.03

32.51
27.70
42.25
21.74
24.26

34.38
29.91
43.80
24.05
24.81

210,243
219,175
213,672
179,431

19.34
19.64
16.67
24.14

25.36
23.84
22.09
21.86

22.00
20.75
19.38
18.20

24.47
23.08
21.57
20.29

598,700
522,047
510,990
547,708

160,457
145,327
148,540
174,842

U4.94
26.09
24.20
20.80

22.%
22.96
22.66
21.96

19.13
19.19
19.00
18.63

20.99
21.15
20.92
20.42

894,961
911,065
1,070,027
1,484,267

580,263
546,403
539,363
445,216

179,216
167,805
180,912
154,202

23.13
31.17
39.97
48.40

21.26
20.84
20.96
22.71

18.15
17.75
17.94
20.00

20.42
19.31
19.26
20.77

24.60

332,724

i 1,305,073

759,572

425,425
412,697
145,854
360,379

483,511
585,653
189,477
330,549

2,432,964
3,435,852
1,111,934
1,093,545

480,650
289,145
634,959
323,645

188,422
100,741

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

108,432
143,762
203,145
240,484

279,938
201,604
157,487
210,485

224,280
304,325
258,725
201,485

1,131,668
1,026,769
942,829
924,922

228,467
260,094
504,631
791,970

234,987
251,348
346,571
378,884

378,925 | 329,964

WHOLESALE PRICES.

burgh). I

Per cent
of
normal.

Long tons.

Short tons.

1914 mo. a v . . . . . .

Merchant
furnaces
only.

OHIO
FOUNDRY
IRON.

!

1921.

|

August

4,384,949

1,221,221
1,064,833
864,555
954,193

September.

3,610,454
3,209,886
493,122

985,529
1,246,676
1,415,481

May

...j

2,747,361

June

...|

6,640,152

July

.....I

4,356,760

October
November.

M

December..

1922.
January
February...
March
April

80,634

2,072,114

228,667
192,804
252,957
246,884

May
June —
July
August..

1,379,850
6,617,660
8, 942, 659
8,936,377

2,306,679
2,361,028
2,405,365
1,816,170

250,089
282,961
251,612
191,965

386,736
273,461
244,666
222,842

407,856
368,222
381,636
295,899

1,420,713
1,378,223
1,240,206
1,065,280

333,613
309,079
244, 808
158,877

130,865
93,407
70,907
45,366

49.48
50.75
58.54
71.97

25.76
25.96
26.02
32.37

24.25
26.60

23.91
24.29
24.54
24.74

September
October
November
December

6,658,148
5,871,802
3,658,414
10,864

2,033,720

220,882
301,295
386,069
427,975

181,832
186,583
236,382

256,354
295,802
370,992
378,039

929,205
834,322
739,355
1,154,914

150, 524
156,908
187,562
231,129

30,943
30,679
47,855
76,737

62.68
61.42
63.32
61.02

36.65
33.57
29.65
27.40

32.63
30.90
27.75
24.81

32.48
31.82
29.46
26.73

459,208
437,010
503,155
532,956

502,936
688,931
919,971
220,114

424,021
432,894
529,600
513,979

1,243,327
1,516,489
1,917,505
1,642,630

275,094
278,531
246,027
264,578

75,142
72,519
65,438
66,510

59.34
67.80
83.20

28.77
29.27
32.27
32.77

25.80
26.25
3013
31.00

27.31
27.98
30.36
31.44 i

1,644,951
1,629,991
2,035,794

j

1923.
January
February...
March
April

2,637,844
2,849, 703
3,086,898

3,229,604
2,994,187
3,521,275
2,547,551

25.00

j

May..
June.
July-.
See footnotes on opposite page also.
Eleven months' average, February-December, 1921.
< Represents percentages of actual to normal melt of gray iron 'oundries in Ohio. Prior to September, 1921, reports represent the month beginning with the 15th day
of the calendar month. September, 1921, figures are for the period Sept. 15 to 30 only. Subsequent figures are for calendar months.
* Ten months' average, March-December, 1921.
• The composite pig iron price compiled by the American Metal Market is the average price of 10 tons of iron distributed as follow*: One ton each of Bessemer Valley;
No. 2 foundry valley; No. 2 X foundry at Philadelphia and at Buffalo; No. 2 foundry at Clevelend and at Chicago; two tons each of basic valley and No. 2 Southern
foundry, Cincinnati.'
7
Less than one.
3




60
CRUDE STEEL.
Table 13.—INDEX NUMBERS.
Based on data from Government and non-Government sources,
[Base year in bold-faced type; numerical data on opposite page.O
STEEL
COMMERCIAL
U. S. STEEL
INCORP.2
GOTS.* STEEL CASTINGS.*

SHEETS—BLUE, BLACK, AND
GALVANIZED. 3

•g

03

1

r

3
©
H

i

sat

1

tn

1 1

YEAR AND MONTH.

WHOLESALE PRICES.

28^
ft

P

Relative to

Relative to 1920.

1913 m o . av..
1914 m o . av.
1915 m o . av..
1916 m o . av..
1917 m o . av..

1OO
75
103
137
144

90
67
94
175
98

100
70
88

100
52
95

100
78
87

165
181

243
215

1918 m o . av.,
1919 m o . av..
1920 m o . av.,
1921 m o . av.,
1922 m o . av.,

142
111
135
64
110

1OO
36
100

153
37
100
36
125

146
101
170
90
96

136
105
129
68
74

100
50
111

100
95
97

May
June
July
August

55
45
36
52

28
29
24
28

24
28
18
26

31
30
28
29

87
82
77

68
60
45
57

62
50
29
55

101
105
93

September..
October
November..
December..

53
73
75
65

35
50
61
45

38
66
78
54

34
39
50
39

77
73
72
72

63
72
51
40

62
77
75
48

1922.
January
February
March
April

75
82
112
115

52
56
72
114

76
70
90
176

36
47
61
74

72
70
76

41
54
74
68

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

128
124
117
104

117
135
100
96

161
195
122
82

95
85
105

September.
October
November..
December..

112
135
136
131

148
115
92
104

214
129
83
107

1923.
January
February
March
April

153
138
160
156

157
136
217

181
150
288

1913.

Relative to 1920.

Relative to 1913,

!S3

a

Relative to 1913.

170
271

100
83
93
177
269

100
87
94
154
266

100
88
95
163
259

100
86
92
161

202
174
187
131
115

215
191
249
155
144

220
193
211
156
134

213
188
222
152
134

252

100
841
514

100
51
106

100
54
145

100
34
50

183
157
218
134
132

1,164
1,010
922

57
47
39
53

46
31
40
63

36
29
27
27

144
144
125
115

146
346
139
123

165
159
145
137

170
165
153
144

166
159
148
141

90
91
90
72

795
799
851
683

58
76
72
56

99
96
63
35

34
36
31
20

113
113
113
113

123
116
106

134
135
132
129

138
134
133
130

136
134
128
127

50
71
97
108

81
96
91

717
759
817
611

46
64
87
103

52
73
193
188

19
21
46
57

109
109
109
114

99

127
125
125
131

126
124
122
126

124
121
122
125

95
98
101

77
94
86
93

128
123
104
133

85
88
91
103

397
387
350
343

124
118
105
125

125
190
102
125

53
64
59
55

132
136
136
140

106
106
109
116

139
140
142
151

127
129
130
137

127
130
131
138

104
105
98
103

113
117
116
114

61
75
85
82

118
142
141
120

110
115
118
107

370
538
492

110
130
134
126

134
148
123
284

55
55
47
73

153
155
146
142

137
141
136
132

166
166
160
154

146
149
149
149

146
148
146
147

141
127
170

117
123
125

92
83
129

152
139
163

117
132
122

577
521
520

144
127
167

179
180
231

74
79
90

145
154
172

132
139
146

156
162
179

151
158
165

149
157
163

100
36

1921.

May..
June..
July..
See footnotes on opposite page also.
1 Yearlyfiguresrepresentthe 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 produced 84.2 per cent of the total output of the country in 1920, 87.48 per cent in 1921, and 84.13 per cent in 1922. In
order to make the monthlyfigurescomparable, they have been calculated to a 100 per cent production on the basis of theabove percentages, the 1923figuresbeing calculated
on the 1922 average.
2 Unfilled orders of steel and earnings reported by U. S. Steel Corporation.
* Sheets, blue, black, and galvanized, reported by the National Association of Sheet and Tin Plate Manufacturers, representing almost all the independent sheet manufacturers and about 70 per cent of the total output of sheets.
* Bookings ofcommercialsteel castings reported by the Steel Founders Society and principal nonmemberfirmsto the U.S. Department of Commerce, Bureau of the Census.
Reports are by 65 identicalfirmswith a capacity of 96,900 tons per month, of which 58,700 tons are usually devoted to railway specialties. This represents over two-thirds
of the castings capacity of the United States devoted to commercial castings (as distinguished from castings used in further manufacture in the same plant).
5
Railway specialties include such items as bolsters, side arms, draft arms, couplers, and cast steel car wheels, and are reported by identical firms throughout.




61
CRUDE STEEL.
Table 14.—NUMERICAL DATA.
From Government and non-Government sources,
[Base year in bold-faced type; index numbers on opposite page.]

5

II

YEAR AND
MONTH

Long tons,

1913 mo.
1914 mo.
1915 mo.
1916 mo.
1917 mo.

SHEETS—BLUE, BLACK, AND
GALVANIZED. 3

U. S. STEEL
CORP.a

S

38
J2.fi

Short tons.

23,742
17,830
24,985
46,282
25,942

a v . . . 2,523,344
1,901,649
av
a v . . . 2,607,018
3,450,160
av,
3,634,933
av.

2~

ttl

"
3

3
0
H

© °

Thou- Thousands of sands ol
long
tons. dollars
5,907
4,115
5,189
9,720
10,716

ipmen ts.

COMMERCIAL
STEEL CASTINGS.4

sold
stoc ks.

STEEL
INGOTS.i

p

(fl

WHOLESALE PRICES.

IS*?

§25

P

o>

Dolls, Dolls. Dolls,
per
per
per
long pound. long
ton.
ton.

Short tons.

11,432
5,972
10,866
27,798
24,608

Dolls, per
pound.

25.79 0.016 26.32 O.O172 0.0166
20.08 .013 22.92
.0152
.0143
22.44
.015 24.76 .0163 .0153
43.95 .028 40.50
.0280
.0267
.043 70.10 .0446
.0419

8,635 15,595
40,601
1918 mo. a v . . . 3,587,585
5,995 11,966
9,733
1919mo. a v . . . 2,807,900
1920 mo. a v . . . 3,406,783 66,109 26,519 39,590 10,023 14,724
5,331 7,726
1921 mo. a v . . . 1,602,933 23,973 9,574 14,399
5,648 8,471
1922mo. a v . . . 2,773,630 66,264 33,265 32,999

171,489 111,989 5,590 172,161 140,844 689,853
85,409 106,175 46,989 87,702 75,329 232,551
190,864 108,709 28,770 182,519 203,869 346,449

1921.
May
June
July
August

1,387,698
1,147,012
918,354
1,300,950

18,622
19,381
15,785
18,539

7,350
4,673
6,870

12,253
12,031
11,112
11,669

5,482
5,118
4,830
4,532

7,732
£,824
5,157
6,503

106,969
83,374
49,096
94,900

September
OctoberNovember....
December

1,342,867
1,848,205
1,897,578
1,631,336

23,435
32,961
40,522
29,912

10,032
17,605
20,726
14,389

13,403
15,356
19,796
15,523

4,561
4,287
4,251
4,268

1922.
January
February
March
April

1,894,071
2,074,197
2,817,961
2,905,638

34,459
37,080
47,892
75,665

20,081
18,578
23,791
46,560

14,378
18,502
24,101
29,105

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

3,222,562
3,134,436
2,956,263
2,632,333

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

47.27
40.54
56.26
34.46
33.99

.032
.028
.028
.021
.017

56.68 I .0379
50.32 I .0332
65.59
.0363
40.74
37.86
.0231

.0354
.0312
.0368
.0253
.0222

246,571
202,191
185,153
184,363

37.00
37.00
32.25
29.60

.022
.022
.021
.019

43.32
41.87
38.14
35.99

.0283
.0263
.0248

.0276
.0264
.0246
.0234

7,258
8,204
6,440
4,967

106,454 101,078 44,427 100,035 139,283 231,536
131,577 101,511 44,639 130,374 134,578 249,922
127,983 100,345 47,591 124,611 88,894 212,239
82,198 80,551 38,200 96,997 49,713 141,047

29.00
29.00
29.00
29.00

.019 35.34
.018 35.46
.017 34.71
.015 33.99

.0237
.0230
.0228
.0223

.0225
.0222
.0213
.0211

4,242
4,141
4,494
5,097

4,654
6,1S1
8,505
7,750

86,130
122,436
166,247
184,979

28.00
28.00
28.00
29.50

.015 33.35
.015
.014 32.97
.015 34.42

.0217
.0214
.0209
.0216

.0206
.0201
.0202

77,600 42,796 34,804
89,365 51,694 37,671
66,166 32,372 33,794
63,416 21,843 41,573

5,254
5,636
5,776
5,950

8,825
10,712
9,834
10,615

364,075
437,853
409,885
379,249

34.00
35.00
35.00
36.10

.016 36.49
.016 36.96
.017 37.50
.018 39.79

.0218
.0222
.0223
.0236

.0211
.0215
.0217
.0229

2,821,561
3,414,258
3,434,324
3,304,279

97,919 56,781
75,709 34,276
22,131
28,271

41,138
41,433
38,768
40,618

6,692
6,902
6,840
6,746

7,020
8,566
9,663
9,323

202,600
243,476
242,562
205,239

123,439 21,241 190,027 188,863 378,574
128,981 20,690 223,874 208,916 376,394
131,782 30,084 230,320 172,774 321,487
120,000 27,500 216,266 399,624 505,766

39.50
40.00
37.75
36.50

.021 43.79
.021 43.60
.021 42.08
.020 40.53

.0251
.0257
.0257
.0257

.0243
.0244
.0242
.0244

3,865,083
3,469,651
4,043,750
3,947,793

L03,581 47,879 55,702
90,152 39,845 50,307
143,564 76,409 67,155

6,911
7,284
7,403

10,561
9,527
14,692

260,520
237,919
279,475

131,550 32,229 248,337 252,489 511,346
148,360 29,123 217,808 253,197 547,897
136,347 29,084 287,203 325,526 619,823

37.30
39.63
44.38

.020 41.17
.021 42.61
.022 47.01

.0259
.0272

.0247
.0261
.0270

113,423
117,754
103,591
100,093

89,109
90,771
107,970
101,863

48,542
65,087
56,478
51,511

97,590
81,561
67,234
90,534

64,538
44,064
56,893
88,513

40,085 80,000 72,922 128,200
42,439 110,129 103,057 145,673
45,673 149,407 272,357 314,617
34,166 177,855 264,629 395,620

218,743 94,853 22,177
210,460
21,609
179,100 101,639 19,586
228,398 115,242 19,184

212,748
203,023
181,381
215,200

176,200
268,032
143,563
175,495

June..
July..
See footnotes on opposite page also.
1J pounds
These products, according to the Iron Age, constitute 88 per cent of the United States output of finished steel.
s 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 plates, wire nails, and black pipe. Fig iron average in turn is average of 13 different quotations.
• Average of weekly prices from U. S. Department of Labor, Bureau of Labor Statistics.




62

IRON AND STEEL PRODUCTS.
Table 15.—INDEX NUMBERS.
Based on data from Government and non-Government sources.
[Base year in bold-faced type; numerical data on opposite page.]

FRT.
CARS.

]LOCOMOTIVES.

Shipments.
YEAR AND MONTH.

Relative
to 1913.
1913 monthly
1914 monthly
1915 monthly
1916monthly
1917 monthly

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

121
73
65
37
35

Foreign.

monthly
monthly
monthly
monthly
monthly

Domestic.

100
57
90

100

100

100

63
80

48
20

25
67

52

20
42

22

100
23
88

100
31

19
15
13

16

28
25
28
21

23

152
19
63
18
143

For
compari-6
son.

ShipImports. ments. 8

Total. 7

Total.* Value.

Relative Relative
to 1922. to 1913.

Relative to 1913.

STEEL
FURNITURE.

Relative
to 1919.

9
8
5
8
21

100

1OO
101
142
145
130

1OO

1OO

100
139
138
120

56
128
220
235

1OO
90
89
98
102

62
100

143
119

.. .

STEEL.

Exports.

Under
Per
con- Comcent
struc- pleted.^ Sales. of cation.3
pacity.

Relative Relative Relative
to 1913. to 1920. to 1919.

Relative to 1920.

100
39
37
75
110

1918
1919
1920
1921
1922

DoTotal. mestic.

I R O N AND

Orders.

Unfilled o r d e r s .

Do- ForTotal. mestic. eign.

FABRICATED
STRUCTURAL
STEEL.-'

SHIPS.

127
125
130
87
168

111
106
107
70
128

194
160
180
80
61

53
101
138
38
229

56
74
67
66

62

47

47
38
33

34
40
37

112
102
90
87

41
47
55
59

50
52
41
41

86
96
98
113

1OO
162
104
119

53
20

67
30
8

31
47
24
22

69
92

1

56
50
45
44
38
32
28
26

26
14
18

119
135
137
98

95
108
110

105
114
202
230

80
87
154
176

62
49
78
81

95
80
124
119

50
43
53
70

108
107
120
117

161
145

137
130
94
87

87
147

137
135

82
77
56
52

273
188

116
112
104
104

1OO

1921.

July

25
26
19

August

31

39
29
40

September
October
November
December

35
25
9
29

24
14
13
7

May . .

1922.
January
February
March...
April..

2

28
57

19
18
18

46
48
13
27

62
25
17
66

16
23
24
20

11
13
16

25
45
42

16

28

5
62
67
5

10
36
32
12

71
4
4

16
19
29
58

14
15
17
24

105
138
114
300

23
12
17
18

15
11
2

9

16
18
25
47

56
55
80
104

29
24

19
18
19
22

6
5

23
25

174
125
130
15

3

212
191
181
178

14
9

13

10

83
82

79

July...
August

23
37
42
49

49
61
111
118

18
53
7
24

47
45
61
78

September
October
November
December.

39
47
52
69

103
121
131
176

7
13
17
18

111
116
122
120

151
159
168
168

27
28
28
22

99
121
176
221

22
22
22
22

5
10
8
12

167
152
128
152

127
115
97
115

48
46
47
54

77
79
76
90

10 288
656
528
360

117
135
133
152

75
68
92

197
178
245
183

13
12
15
18

135
168
175
167

190
239
248
236

21
18
24
22

128
74

26
24

150
159
190

74
80

448

23

207
209
249

46
48

405
93

4
6
7

59

98

150
144
188

May
Jiinp. _ .

.,-.-

6

1923.
February
March
April

71

May
July
See footnotes on opposite page also.
i Locomotive shipments and unfilled orders reported direct by principal locomotive companies: Freight car orders by domestic railroads compiled by the Iron Trade
Review; vessels under construction and vessels completed, V. S. Department of Commerce, Bureau of Navigation; fabricated structural steel by the Bridge Builders and Structural Society up to April, ltol, and since then compiled by U.S. Department of Commerce, Bureau of the Census, including reports from the Structural Steel Society; iron and
steel exports Dy U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce; steel furniture comp iled by the TJ. S. Department of Commerce, Bureau of the
Census, including reports from the National Association of Steel Furniture Manufacturers.
* Gross ton represents in units of 100 cubic feet the entire cubical capacity of the vessel, including crew and engine space.
1
Tonnage under construction on the first of the month refers to the gross tons of shipping, building or under contract to build for private owners. Includes only steel
vessels of over 100 gross tons. Does not include Government ships or ships building or contracted for by U. S. Shipping Board.
* 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.




63

IRON AND STEEL PRODUCTS.
Table 16.—NUMEBICAL DATA.
From Government and non-Government sources.1
[Base year in bold-faced type; index numbers on opposite page.]
FBT.
CARS.

LOCOMOTIVES.

Shipments.

Unfilled orders.
ForDoTotal. mestic. eign.

Domestic.

Number
of cars.

Number of locomotives.

1913 mo. av.
1914 mo. av.
1915 mo. av.
1916 mo. av.
1917 mo. av.

306
119
114
230
336
371
223
199
112
106

Gross tons. 2

31,881
26,354
18,760
27,118
75,112

10,500
6,000
9,500
15,000
12,500

1918 mo. av.
1919 mo. av.
1920 mo. av.
1921 mo. av.
1922 mo. av.

Under
Comconstruc- pleted.4
tion.*

1921.
May
June
July
August
September.
October
November.
December..
1922.
January
February...
March
April
May
June
July
August..
September.
October
November.
December..
1923.
January
February
March
April

110

1,323
337

75

288

80

245

57

236

95

237

106

209

75

308

29

318
265

74

11

207

44

40

239

39

35

330

21

13

617

54

621

Dollars.

95,567

228,801

26,556

129,123

24,027

135,800

293,207

23,533

138,800"

503,971

25,906

124,617

536,980

26,974

218,549

121,208

444,835

351,158

119,617

366,663

1,155,691
613,617
234,438

235,945

124,708

412,030

105,973

83,100

183,980

26,795

160,783

139,473

14,052
26,837
36,626
10,088
60,761

142,553
107,152

250
1,500
900
150

645,224
581,631
519,564
513,863

109,393
164,335
84,918
78,415

66,400
87,700
79,400
78,200

102
117
139
143

107
191
179
122

550
6,500
7,000
550

439,735
365,686
319,426
296,944

89,709
50,265
61,599
46,108

147
173
255
515

66
75
102

11,000
14,500
12,000
31,500

260,599
222,559
197,011
211,918

18,250
13,100
13,700
1,610

811

130

1,035

119

113

1,463

1,347

145

133

1,538

1,420

159

144

1,619

1,501

210

194

1,592

1,498

229

217

1,788

196

2,220

2,141

2,316

2,214

2,204

2,111

169,073

907,933
1,471,609
943,986
1,077,336

75,646

12,570
9,044
10,633
9,706

113,300
128,700
131,300
94,100

94,838
106,584
125,516
134,447

13,178
13,910
10,997
10,798

52,764
38,359
6,203
34,308

100,300
109,300
193,500
220,000

140,784
112,812
178,113
184,991

160,905
135,758
210,095
200,735

13,405
11,537
14,149
18,720

220,727
209,060
218,999
249,394

21,419
16,959
19,356
11,511

202,500
182,500
172,500
170,000

187,732
177,067
128,326
119,067

231,260
220,112
159,338
146,961

23,097
39,154
72,425
50,050

1,056,735

109,207
104,474
106,486
124,613

130,728 10 76,393
134,095 174,260
128,503 140,250
151,474
95,701

1,062,495
1,227,447
1,204,310
1,376,152

104,581
109,461
134,885

124,444
135,182
165,624

1,307,173

124
101

116
118
118
94

10,350
12,700
18,500
23,255

255,431
258,373
257,328
251,858

15,834
33,815
27,720
43,294

160,000
145,000
122,500
145,000

79
102
93

13,390
7,800
42,500
9,800

302,047
280,278
269,911

14,292
21,392
24,978

197,500
200,000
237,500

1,699

207

Long tons.

96,267

121
108
120
90

596

201

Per
ct. of
normal.

167
137
116
147

67

217

Short
tons.

429
131
99

122

282

Shipments. 8

894
206
791

70
114
128
151

STEEL
FURNITURE.

Sales.

16,000
2,000
6,667
1,838
14,998

497
495
712
926

DION AND STEEL.

IMPer
EXPORTS.
PORTS
cent
of
caFor
paccomity. parison/ Total.? Total.*

Orders.

YEAR AND MONTH.

DoForTotal. mestic. eign.

SHIPS.

FABRICATED
STRUCTURAL
STEELS

75
95

119,011

1,018,189
922,318
817,829
793,281
782,053
871,012
890,362
1,027,417

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

1,015,463
945,768
943,087

1,362,470
1,709,206

May..
June.
July..
See footnotes on opposite page also.
* Percentages of capacity calculated from reports of the Bridge Builders and Structural Society up to April, 1922, and applied to estimated total capacity each year based
on a special survey by the Bureau of the Census (see January, 1923, issue, No. 17, p . 13, for details). Beginning with April, reports received from 168 firms with a total
capacity of 220,790 tons have been prorated to the estimated total capacity of the United States, 250,000 tons for comparison with previous figures.
6
This column gives a total of pig iron and rolled products as used in the Iron Trade Review, which is comparable each month Back to 1913.
i Beginning with January. 1922, all commodities are given in quantities in the export reports, many of which were previously available only on a value basis. This
column gives the total of all pig iron and rolling-mill products as compiled by the U. S. Department of Commerce. Bureau of Foreign and Domestic Commerce.
8
These data comprise shipments from 22 manufacturers, representing practically the entire production ot stock goods, which include sections, counters,office and
vault verticals, safes and interiors, desks and tables, and small miscellaneous articles, exclusive of shelving and lockers.




64
MISCELLANEOUS METAL PRODUCTS.
Table 17.—INDEX NUMBERS.
Based on data from Government and non-Government sources.1
[Base year in bold-faced type; numerical data on opposite page.]
PATENTS
GRANTED BY
THE U. S.
PATENT
OFFICE.?

YEAR AND MONTH.

Total Agriculpatents, tural
impleall
classes. ments.8

Relative to 1913.
1913 m o n t h l y average.

STOKERS.

STEEL BARBELS
AND DRUMS.

Sales.
Number.

Total
horsepower.

Relative to 1919.

Shipments.

Production.

Unfilled
orders.

Relative t o 1921.

100
118

1OO

1914 m o n t h l y average.
1915 m o n t h l y average.

127

110

1916 m o n t h l y average.

130

120

1917 m o n t h l y average.

121

110

1918 m o n t h l y average.

114

109

1919 m o n t h l y average.

109

86

100

1OO

1920 m o n t h l y average.

110

82

78

125

1921 m o n t h l y average..

112

72

31

52

1OO

1OO

2 1OO

1922 monthly average.

113

62

56

115

172

195

142

16

21

70

74

101

75

20

33

73

88

128

78

22

44

81

106

76

41

56

111

118

140

85

29

78

80

93

104

67

32

58

80

123

1921.
January
February
March
April

,
,
,

May
June
July
August

100

96

57

42

65

86

,

127

106

50

85

139

96

61

47

69

,

104

41

23

33

131

82

26

106

75

121
108

104

105

95

103

148

145

109

41

116

113

97

25

38

111

76

84

35

65

57

32

68

100

54

50

132

82

53

118

139

82

61

116

109

,

105

109

September
October
November
December

132

67

47

71

1922.
January
February
March
April

,

May
June
July
August

90
91
150
179

99

September
October
November
December

41

76

133

128

71

68

158

201
238
197
218

97
159
207
243

87
106
120
149

237

178
182
143
132

230
230

59

49

77

184

213

138

136

54

68

120

169

206

122

107

44

41

68

173

213

165

105

51

250

180

222

181

127

91

62

158

184

182

221

114

61

56

127

173

236

257

53

131

227

276

267

1923.
January
February
March
April

106
110

See footnotes on opposite page also.
i Patents granted compiledf rom the official records on file in the U. S. Department of the Interior, U. S. Patent Office, Division of Publications; stoker sales from the
Stoker Manufacturers' Association, said to represent approximately 99 per cent of the industry; steel barrels and drums from the Steel Barrel Manufacturers' Association;
per
agricultural pump shipments compiled by the Federal Reserve Bank of Chicagoin. cooperation with the National Association of Farm Equipment Manufacturers and covers
22 firms, except for May and June, when only 21 firms reported; brass stop cocks from The National Association of Brass Manufacturers; tubular plumbing sales from The
Tubular Plumbing Goods Association.
a
Relative to six months' average, July to December, 1921.
3
These figures include, besides the articles shown in the other two columns, the value of cylinders shipped separately.
4
Data represent the total of 22 different classes of stop cocks reported to the association by its members.
& Figures areincomplete owing to the failure of 2 or 3 member companies to report.
6
Average for last seven months of 1922.




65
MISCELLANEOUS METAL PRODUCTS.
Table 18.—NUMERICAL DATA.
From Government and non-Government sources,1
[Base year in bold-faced type; index numbers on opposite page.]
PATENTS
GRANTED BY
THE U. S.
PATENT
OFFICE.7

STOKERS.

STEEL BARRELS AND
DRUMS.

AgriTotal
culpattural
ents,
imple-8
all
classes. ments.

Shipments.

Number.

Number.

1913 mo
1914 mo
1915 mo
1910 mo
1917 mo

av
av
av
av
av

3 601

•
Number of pieces.

Number.

Value.

87

2,828
3 329

191S mo av
1919 mo av
1920 mo av
1921 mo av
1922 mo. av...

Dollars.

Orders
Orders
received. shipped.

95

3 422

Per cent
of
capacity.

Total.3

79
97
87

3 664

Unfilled
orders.

Power
Pitcher, pumps
hand,
and
and
hydrowindpneumill
matic
pumps. pumps.

Number.

Production.

Total
horsepower.

Number.

TUBU LAR
PLUM B I N G
SAI iES.

Shipments.

Sales.
YEAR AND
MONTH.

BRASS STOPCOCKS.*

AGRICULTURAL
PUMPS.

3 214

86

3,073

68

234

3 097

65

183

65 919

3,157

73

27 262

112,042

17.4

3,201

57
49

130

60,409

192, 386

34.0

2 S32

52

37

10,921

78,587

12.8

52,732
2

234,557
332,228

e172,719

6 163,353

I

1921.
January
February
March
. .
Vpril

2,870

59

46

17,521

81,763

15.3

3,629

62

52

23,053

91,248

15.4

2, 997

60

96

29, 651

124,251

20.5

M-iv

3 940

67

68

40 889

89 610

16 1

TllFIG

2,937

53

76

30 597

89,548

15.0

2,703

98

34,073

96,754

16.2

243,490

3 593

45
84

116

44 586

155 521

22 9

247 320

16 6

July
Autrust

2 718

no

36 401

32

54

17 596

117 112
165,899

25.2

240 616
255,423

3,711
2,994

65

60

21,626

130,199

19.7

226,677

59

58

20 224

124 006

13 3

193 814

3 433

66

81

15 6

204 204

45

75

34 157
35,663

89 216

3,045
2 823
3,084

1922.
January
February
March
April

48

2, 955

September
October
November....
December

101,830

248,315

47, 626

43
65

116
125

69,716
62 027

168 476

16.9
27 7

200 214

36 1

281 794
350,445

47 630
44,123

2,107
2 774

384 200

2 858

475 607

465 504

May

3 935

05

143

61 391

3 291

576 957

53

109

37 239

40 1

410, 477
427 739

52,853

3 089

225,372
266 944

42 2

June
July . . .
August

56,893

3 519

2 788

32

177

70 230

220 992

40 0

334 881

53 942

3 590

636 356
604 359

3 621

56

160

83 310

244 271

41 2

309 044

60 534

3 674

September..,.
October
November
December

z,760

115

40,505

206,448

37.0

322,632

50,799

3,376

3,832

47
43

158

63,167

.189,484

35.9

287,141

55,735

3,030

35

35,808

194,069

37.1

385,881

131,699

201,319

38.7

.. . . .

5

5

96

5 208

5

109 307

123 768
282 194

644 268

277 926
9(J4 228

592,665

350,447

338,307

163,508

3,403

615,456

353,476

381,182

188,264

187,175

48,350

2,950

532,455

338,236

267,955

247,439

244,602

424,107

48,744

3,035

545,398

379,008

224,313

281,582

240,160

342 515
$160,086

2,974

3,578

72

145

83,270

206,021

31.7

518,463

528,003

787,887

683,022

311,738

378, 403

48

131

66,769

193,992

41.0

603,774

56,570
52,132

2,797

3,226

1923.
January
February
March
April

40

2,676

537,294

645,314

481,740

254,593

238,690

123

69,180

254,573

48.1

627,143

73,371

3,635

646,140

470, 717

445, 994

2,997
3,097

See footnotes on opposite page also.
? It should be noted that inasmuch as patents are granted on Tuesdays only, the number of patents shown for a given month represents the total, peculiar to the month
in question, of either 4 or 5 Tuesdays.
s Data include patents granted falling within the official classification of "agricultural implements; planters, harrows and diggers, plows, harvesters, scattering unloaders,
and threshing implements."
AOOOQO

OQ_




66
NONFERROUS METALS.
Table 19.—INDEX NUMBEBS.
Based on data from Government and non-Government sources,1
[Base year in bold-faced type; numerical data on opposite page.]
COPPER.

YEAR AND MONTH.

ExProduc- p o r t s Pigs,
tion
smelter). ingots,
etc.

TIN.
PriceIngots,
electrolytic
(New
York).

Stocks.

ImportsBars,
blocks,
etc.

ZINC.

PricePig
(New
York).

LEAD.

ShipProduction
Receipts ments
from
(total Stocks. at St.
Louis.*
priSt.
mary).
Louisa

PricePrime
western
(New
York).

ShipReceipts ments
from
at St.
St.
Louis.s
Louis.'

PricePig,
desilverized
(New
York).

Relative to 1913.
1913
1914
1915
1916
1917

monthly av.
monthly av.
monthly av.
monthly av.
monthly av.

100

100

100

100

107
76
78
113

95
110
175
187

92
113
171
137

100
87
97
147
135

1OO
78
84
96
132

100

94
113
157
154

1918 monthly av.
1919 monthly av.
1920 monthly av.
1921 monthly av.
1922 monthly av..

156
105
99
39
81

83
52
73
73
86

157
122
114
80
85

17
55
180
127
134

124
78
110
47
117

190
146
112
67
72

1921.
January
February—
March
April

84
75
87
50

78
87
55
59

82
82
78
79

138
192
188
132

27
55
32

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

24
19
17
21

46
71
67
59

82
82
80
75

139
138
136
95

September..
October
November..
December..

21
24
22
18

85
74
103
87

76
81
83
86

1932.
January
February—
March
April

25
37
61
75

75
75
115
100

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

90
93
92
98

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

100
49
35
43
132

100

100

100

100

100

100

99
110
160
276

95
107
114
168

90
247
241
159

275
289
268
372

106
109
89
131

88
104
155
207

149
132
138
62
108

101
92
99
196

124
114
114
49
66

212
203
193
73
75

142
127
139
90
104

164
131
201
192
309

138
91
83
56
110

169
131
184
105
132

79
73
64
68

90
62
54
57

187
192
202
200

78
55
52
33

60
69
62

101
92
89
90

133
153
141
163

51
30
57
62

113
106
92
97

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

243
220
181
256

78
73
51
56

113
103
100
100

95
111
71
92

61
46
72

60
61
65
73

50
50
73
76

200
174
165
164

64
62
69
72

52
65
44
49

105
107
107
107

82
81
80

72
76
167
148

95
97
165
110

71
68
65
68

82
78
92
88

162
158
148
127

70
39
73
57

89
93
90
89

84
87
87
87

104
128
196
152

131
133
86

70
70
72

95
99
110
109

99
73
70
53

98
101
61
48

93
101
100
103

83
74
79
71

87
87
87
90

67
155
146
201

<77
158
94
174

72
77
82
84

115
138
139
148

110
101
120

107
71
91

138

108
108

182
111
220
194

88
94
109
103

160
147
169
162

102
141
193
193

May..
June..
July..




See footnotes on opposite page.

90

102
110

87
83
86
90

356
212
369
282

97
78
84
70

107
107
107
116

83
46
79

94
98
103
113

372
369
265
294

124
129
80
140

126
133
131
133

43
71
65
63

41
27
25
22

122

203
182
168
256

59
76
61
59

118
124
129
127

351
340
242
252

125
165
110
73

140
152
165
166

43
40
128
104

125
130
141
133

255

50
79
62

78
62

178
185

78

188

271
301

67
NONFERROUS METALS,
Table 20.—NUMERICAL DATA.
From Government and non-Government sources.1
[Base year in bold-faced type; index numbers on opposite page.]
COPPER.

PriceExProducImIngots,
tion
Produc- ports— electrop o r t s - Price—
(total
Bars,
tion
Pigs,
Pig
lytic Stocks. blocks,
priYEAR AND MONTH. (smelter), ingots,
(New
(New
etc.
etc.
York). mary).
York).

Receipts
Stocks. at St.2
Louis.
I

I Dollars
Thousands of pounds.! per
j pound.
1913 monthly a v .
1914 monthly av.

102,040

70,461 SO.157

95,845 |

T ™,r

S us
1

'

1,847

7/3,245 j

.134

1,700

53,567 j

.173

2,079

1915 monthly a v .

115,668

1916 monthly a v .

160,654 I

55,260 I

.275

3,153

1917 monthly av.

157,177

79,818

.294

2, 535

1918 monthly av.

159,045 i

58,726

.247

312

1919 monthly av.

107,202 |

36,653

.191

1,015

1920 monthly av.

100,755 i

51,771

.180

3,322

1921 monthly av.

39,336 I

51,293

.126

2,351

1922 monthly a v .

82,561 !

60,683

.134

2,481

January...
February.
March
April

85,929 j

54,855

.129

2,546

76,508 j

62,480

.129

3,546

89,127 |

38,720

.122

3,476

51,107 j

41,495

.125

2,441

24,235 I

32,259

.128

2,571

19,434 j

50,172

.128

2,546

17,790 I

47,324

.125

2,521

21,414 I

41,249

.117

1,761

May....
June
July....
August.
September..
October
November..
December..
1922.
January...
February..
March
April

;

' Thou-

Dollars

I ^ds of per

9,560 S0.449
8, 351
. 353
9,273
.376
.433
14,085
. .594
12,908

Pricej Ship- P r i c e Ship- Prime
Pig,
ments west- Receipts j ments desilat St.
from
from St. ern
Louis.s
St. 8 verized
Louis.2 (New
(New
Louis.
York).
York).
Dollars
per
pound.

Thousands of pounds.

pounds. | pound.
57,780
58,840
81,586
111,242
111,596

28,385 S 0 . 0 5 8
.053 j
26,834
28,506 j 30,541
.144
30,490
35,190 I 44,323
.140
32,482
J 07, 442 i 76,461
.093
47,759

81,.318 ! 2 7 , 6 7 5
40,190

!

27,360

Thousands of
pounds.

5,476 I 8,752

Dollars
per
pound.
S0.044
.039

15,048

9,299

15,838

9,516

.046

14,670

7,810

.068

20,390

11,425

.091

11,876
7,475
10,503
4,517
11,225

.852

86,320

82,482 !

.'54,369

60,0G0

.083

8,995

12,070

.074

.655

76,500

74,970 |

31,430

57,666

.074

7,195

7,975

.058

2,584
5,270
3,028
2,484
2,022
4,133
3,566
5,201

.503

79,962

80,886 |

31,644

54,881

.081

11,024

7,298

.081

.299

35,932

159,6.57 j

13,549

20,739

.052

10,490

4,866

.046

.325

62,280

72,770

18,194

21,149

.061

16,905

9,627

.058

.355

51,832

151,906 ,

.059

7,311

4,445

.050

35,538

156,040 i

17,025

.054

8,392

2,630

.047

.288

31,482

164,504 j

19,564

.052

7,733

4,948

.041

.304

33,100

162,886 |

21,539
15,271
14,476
9,163

28,002

.326

17,586

.052

8,916

5,402

.043

.322

36,052

171,624

.054

13,308

6,819

.050

38,886

179,778

9,087

.049

12,044

6,416

.045

.278

30,990

184,816

11,406

.048

9,894

4,428

.044

.266

29,242

173,098

8,594
5,426
6,613
7,596

18,985

.290

18,053

.047

14,011

4,922

.044

.268

28,734

i
162,270 |

25,402

.048

11,098

4,553

.046

.276

29,034

141,648 j

24,302

.051

9,955

5,681

.047

.289

42,270

134,098 I

24,862

.052

9,208

3,833

.047

.326

44,026

133,216 |

34,593

.053

14,006

4,318

.047

17,585
17,110
19,198
20,016

20,927

60,170

.120

1,756

24,614

52,486

.127

2,041

22,348

72,786

.130

1,316

18,595

61,518

.136

1,696

5,796
4,352
6,886
8,880

25,848

53,130
52,862
80,853
70,145

.136

1,331

9,103

.320

47,412 *

131,356 J

19,414

29,052

.051

19,500

8,514

.047

.129

1,406

9,295

.305

45,026

128,248 j

10,698

31,323

.049

11,604

6,787

.047

.127

3,086

15,783

.291

53,064

120,524 ;

20,187

24,313

.050

20,232

7,325

.047

.126

2,731

10,526

.305

51,012

103,456 '

15,854

13,132

.052

15,434

6,108

.051

27,065

37,416
62,305
77,026
92, 048
95,222
93,486
99,726

62,891
65,604
63,596
62,612

.132

1,921

8,490

.309

.136

2,371

12,552

.315

.137

3,616

12,683

.315

.138

2,806

8,219

.325

September..
October
November..
December..

94,975
iO3, 371
101,607
104,675

58,167

.138

1,236

«7,379

.323

52,185

.137

2,859

15,086

.346

55, 788

.136

2,699

8,944

50,362

.141

3,704

16,643

January..
February.
March
April

112,341

75,617 S

.146

3,354

13,165

102,641

49,751 j

155

2,054

122,194

64,394 I

169

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

LEAD.

ZINC

TIN.

54,838
57,094
63,834
62,846

!

20,344

10,856

.055

28,082

24,323
23,G50

.055

59,152 \

.057

20,222

11,306

.058

57,236 j

16,977

13,158

.060

14,486

11,002

.058

43,258 |

13,355

22,364

.066

16,112

12,284

.059

37,612 |

11,791

16,882

.069

19,245

10,935

.062

36,086

19,531

21,610

.072

18,618

14,410

.067

.369

66,268
79,880
80,400

38,994

18,044

17,331

.075

13,254

9, 615

.072

.377

85,682

36,504

17,328

16,646

.074

13,805

6,382

.073

. 393

92,634

33,148

11, KM I

13,556

.073

13,938

6, «22

.078

.423

84,886

21,728

11,096 !

14,171

.076

11,792

5,402

.082

4,067

.489

97,462

20,042

35,366 j

22,506

.082

14,828

7,939

.085

3,577

.463

93,732

17,952

28,851 j

17,498

.077

16,470

6,814

.083

80,818

May..
June..
July..
1
Copper production, representing smelter production from domestic ores, for 1913 through 1920, from U. S. Geological Survey, 1921 and 1922 figures from A merican Bureau
of Metal Statistics representing mine production; Stocks of tin from New York Mdal 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.
2 Converted from data in slabs of 80 pounds each.
8
Converted from data in pigs of 50 pounds each.
* Covers first 21 days only, during which period the old tariff law was in effect; remaining 9 days included with October.




68
COAL.
Table 21.—INDEX NUMBERS.
Based on data from Government sources.1
[Base year in bold-faced type; numerical data on opposite page.]

BITUMINOUS.

ANTHRACITE.

COKE.
Production.

Prices.

Production.

YEAR AND MONTH.

Exports.a

j Wholei sale, j
Mine I K a n a - |
Retail,
aver- ; w h a
Chiage. 5 I f.o.b.
cago.
Cincinnati.

Rela- ! Relative to I live to
1913.
5-yr.av.

Production.

Relative to
1913.

Relative t o 1913.

Stocks, 1 W Y
end of | Exmonth.3 P ° r t s -

Relative to
1921.

1OO

1909-13 monthly average.

chest- chest- j
nut,
nut,
New I
New
York. York. I

Relative to
5-yr.av.

Beehive.

Byproduct.

Relative to 1913. i Relative to 1913.
;

137

100

loo

;

1914 monthly average...!

88

105

93

100

:

102

1915 monthly average...

93

127

9
1

100

:

102

1910 monthly average...

105

144

150

122

i

101

1917 monthly average...

163

264

208

1918 monthly average...;

115
121

151

210

1919 monthly average...!

98

136

211

1920 monthly average...j

119

261

1921 monthly average...;

87

1922monthly a v e r a g e . . •

January

:

February

\

March
April

IOO

120

!

99

111

I 100

ioo
100

;

97

103

| 100

103

|i

!

96

121

105

105

ii

144

109

161

112

121

177

136

108

129

129

187

143

96

129

156

459

206

176

9S

140

157

207

207

178

99

85

84

295

237

198

If 3

205

265

255

197

101

79

115

225

232

189

j 105

j

78

105

214

221

187

|

71

132

213

221

May

85

228

218

221

June

87

302

205

209

July

78

241

195

August..

89

154

IOO

Exports.

ConPublic
utility
plants.

nelisville.

Relative to
5-yr.av.

Rela- j| Relative to il tive to
1913. ;| 1919.

100

100

100

1913 monthly average...

WholeRetail, j.
sale,

Price.

ELECTRIC
POWER
PRODUC- I
TION.

IOO

; ioo
I 69

IOO

100

100

88

68

74

111

91

73

150

120

133

99

176

143

338

132

91

204

172

245

155

59

198

73

194

IOO

179

177

62

242

94

443

113

121

198

194

17

157

32

149

105

•68

200

197

24

224

52

293

122

23

101

209
204

227

109

31

215
178

52

101

200
200

41

33

37

213

98

101

53

107

200

199

21

167

34

205

105

179

105

67

128

191

189

12

179

102

79

151

193

190

11

150

21

136

101

179

106

105

172

195

190

8

133

27

127

100

209

177

96

131

135

198

192

6

122

26

119

101

197

186

178

98

149

130

198

192

9

131

25

115

105

82
106

152

90

110

193

ISO

144

97

154

100

201

191

10

189

186

157

103

131

107

201

191

15

24
31

104

121

134
164

131

112

134

110

November

92

98

191

186

188

93

135

114

201

191

17

167

42

122

112

December

79

70

184

175

185

81

140

106

201

191

18

176

32

113

118

94
103

59
74

171

137

78

18

180

113

|

117

133

95

189

20

169

125

:j

107

115

125

102

133

118

65

182

164

104

38

200
200
200
201

190

89

108

185
177
182
182

82

126
40

185
179
172

183

111

51
56
43
56

31

252

214

180

72

49

273

232

184

47

33

380

245

185

1
2

39

481

302

192

2

September
October

January
February
March
April
May
Juno....
July....
August.

164
164

189

26

202

189

19

210

41
44
34
38

21

189

15

240

30

246

118

14

189

16

244

40

277

118

19

189

16

235

38

441

110

5

220

19

169

36

525

126

September.

103

107

410

336

225

65

31

198

212

22

212

48

456

125

October

113

157

356

291

227

112

141

198

198

31

265

53

402

134

November.

114

147

334

291

225

112

152

198

198

41

276

52

295

136

December..

117

134

336

268

225

111

133

200

209

44

289

168

287

142

January

126

99

354

256

228

114

124

200

207

53

293

107

338

147

February

106

73

292

222

224

102

115

200

214

53

265

97

292

133

March

117

111

258

222

207

17
1

139

200

203

62

307

134

300

145

April

107

63

303

222

200

259

May.
Juno.
July.
See footnotes on opposite page also.
1
Except anthracite stocks from t h e Anthracite Bureau of Information a n d weighted average m i n e prices of bituminous coal t h r o u g h o u t t h e U n i t e d States from the
Coal Age. Data on production of coal a n d coke a n d of electric power a t public utility p l a n t s from U. S. Department of the Interior, Geological Survey; exports from U. S.
Dejxirtment of Commerce, Bureau of Foreign and Domestic Commerce; wholesale and rotaU prices are monthly averages from U. S. Department of Labor, Bureau of Labor
Statistics.




69
COAL.
Table 22.—NUMERICAL DATA.
From Government sources.1
[ Base year in bold-faced type; index numbers on opposite page.]

Production.

Exports. 2

Mine
average.*

Wholesale,

ProStocks, Ex- Whole- Retail,
sale,
ducend of
tion. month.3 ports. chest- chestnut,
nut,
New
New
York. York.

Kana- Retail,
wha
Chi-

f.o.b.
cago.
Cincinnati.

Thous.
of short
tons.

Thous.
of long
tons.

1909-13 monthly av.
1913 monthly av.... 39,869
1914 monthly a v . . .
35,225
1915 monthly a v . . .
36,885
1916 monthly a v . . .
41,877

1,098
1,499
1,150
1,397
1,581

$1.23
1.14
1.12
1.85

$2.20

$4.81

2.20
2.20
2.68

4.93
4.89
4.87

7,627
7,569
7,416
7,298

45,983
48,282
38,S22
47,389
34,660
33,709

1,789
1,663
1,497
2,866
1,722
919

3.25
2.58
2.59
5.64
2.55
3.63

4.58
3.88
4.11
5. 85
4. 56
5.20

6.95
6. 55
6.86
8.48
8.58
9.50

8,301
8,236
7,341
7,467
7,539
4,393

1921.
January
February
March
April

41,148
31,524
31,055
28,154

| 2,248
[ 1,257
1,152
1,453

3.26

2.62 !

5.60
5.10
4.85
4.85

May
June
July
August..

34,057
34,635
31,047
35,291

2,500

2. 68
2. 52
2. 40
2. 42

4. 85
4.60
4.60
4.10

September
October
November
December

35,893
44,686
36,805
31,627

4.10
4.10
4.10
3.85

6.92

770

2.37
2.33
2.35
2.26

January
February
March
April

37,600
40,951 :
50,193 i

644
814
1,187
715

2.27
2.20
2.12
2.24

May
June
July
August

20,501 I
22,309 j
17,003 !
22,328

340
541
366
426

September
October
November
December

40,964 1,175
45,173 1,729
45, 262
1,618
46,450 I 1,469

1923.
January
February
March
April

50,123
42,160
46,807
42,554

1917
1918
1919
1920
1921
1922

monthly
monthly
monthly
monthly
monthly
monthly

av...
av...
av...
av...
av...
av...

Thous.
of short
tons.

Dollars per short ton.

)ols. per
Dols. per D
^
short
long
ton.
ton.

Thous. of
long tons.

288
346 $5.31
5.32
319 i
295
5.33
347
462
370
370
402

2,673
1,478

348
197

Price.

Production.

Prices.

Prices.

Y E A R AND MONTH.

COKE.

ANTHRACITE.

BITUMINOUS.

$6.97
7.00
7.17
7.34

8.46
5.94 j
9.19
6.86 |
10. 81
8.27
9.50 > 12.33
10.53 I 13.52
13.70
10.60

Beehive.

Byproduct.

Thous. of
short tons.

2,799 | 1,059
935
1,945 j
2,292 j 1,172
2,955 j 1,589

Exports.

ELECTRIC
POWER
PRODUCTION.

Connellsville.

Public
utility
plants.

Thous. Dols. per
of long short
tons.
ton.

73
49

Thous. of
kw. hours.

$2.44

67

1 81
1 79

87

3 25

1,587 | 2,095
1,748 ', 2,565
471 : 1,660
2,375
670

104
126
53
68
23
38

8.25
6.00
4.74
10.82
3.65
7.14

2,278
1,888
1,772
1,519

38
27
25
19

5.53
5.19
5.00
3.72

3,541,493
3,166,041
3,394,987
3,239,471

3.33
3.09
2.91
2.80

3,263,766
3,244,093
3,269,709
3,410,701

2,764 !

1,870

2,540 i

2,166

3,243,403
3,663,618
3,411,532
3,971,714

i
l

15,780 I

3,315
2,650
1,695
1, 212
1, 329
1, 079

1,092
806
1,220

9.48 ! 7,681
9.11 ! 7,983
7,677
8.99
8.60 I 7,985

14. 54
14.23
13.90
13.17

1,137

1,789

289 10.64
291 10.64
308 I 10.64
369 ! 10.14

7,752
8,071
7,309
7,459

2,119
2,817
3,495
3,971

434 |
496 I
388 |
373 .

10.24
10.36
10. .50
10. 54

13. 24
13. 24
13.36
13.36

390

1,590

232

1,408

181

1,297

248

1,383

16
20
19
18

4,123
3,500
3,601
3,747

287
308
329
306

10.66
10.66
10. 66
10. 65

13.34
13.30
13.30
13.30

289

8.92

7,385
7,858
7,110
6,203

514

1,423
1,734
1,766
1,860

18
22
30
23

3.19
3.28
2.97
2.75

3,374,703
3,574,339,
3,639,393
3,819,692

3. 75
3.60
3.60
3.60

8.91
8.50
8.77
8.77

6,258
6,762
8 757
26

3,674
3,567
3,344
2,775

224

10.64

275

10.63

13.21
13.14
13.14
13.14

549
732
528

1,903
1,795
2,137
2,227

30
32
25
28

2.75
3.04
3.25
4.48

3,805,218
3,466,699
3,820,812
3,596,520

3.10
3.36
4.67
5.92

4.70
5.10
5.39
6.64

8.68
8.85
8.92
9.22

35
84
116
161

1,930
1,247
500
141

2,537
2,580
2,486
1,794

22
29
28
26

6.00
6.75
10.75
12.80

3,823,591
3,835,430
3,871,324
4,074,908

5.04
4.38
4.11
4.13

7.39
6.39
6.39
5.89

10.83
10. 94
10.83
10.82

4,979
8,578
8,535
8,430

38
152
236
137

89 | 10.53
405
10. .53
440 10.52
382 10.64

14.79
13.83
13.83
14.54

35
39
38
123

11 13

4 ,049, 204
4,332, 405

1,233

2,244
2,806
2,925
3,063

4.36
3.59
3.17

5.64
4.89
4.89
4.89

10.98
10.79
9.96

8,713
7,773
8,900

105
114

356
330
400

14.45
14.90
14.13

1,478
1,482
1,749
1,776

3,100
2,810
3,256
3,206

2.77 |
2.63 I

8.59
8.63
8.50
8.57

7.56
9.06

616
879
1,422

295 | 10.64
109 ! 10.66
61
40
17
29

(6)

10.62
10.63
10.63
10.02

13.14
13.14
13.14
15.33

865
575
329

416
477

432
458
450
539
606
878
1,138

9.80
7 19
7 00

8.25
7.13
7.31
6.31

,413, 627
4,611, 446

4, 753, 826
4,324,161
4,710,609

May..
June..
July..
See footnote on opposite page also.
s Does not include bunker coal on vessels engaged in the foreign trade.
» Average mine price of coal in 14 representative fields weighted by the production
• Excluding Hudson Coal Company.
in6each field.
« Index number less than 1.
No quotation.




70

PETROLEUM.
Table 23.—INDEX NUMBERS.
Based on data from Government sources.1
[Base year in bold-faced type; numerical data on opposite page.]
GASOLINE.

CRUDE PETROLEUM.
Stocks.
Production."

YEAR AND
MONTH.

Held at
end of
month.2

Relative to 1913.

Number
of days'
supply.

Imports.

Con- |
sumption.

Relative
to 1919.

Total
3

Mexico.

Price,
KansasOklahoma.

1OO
82
127
154
213

100
86
62

212
297
610
704

158
160
201
201
224

767
829
681

100
98
109
107

165
166
170
177

208
197
225
216

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

137

1918 mo. av
1919 mo. av
1920 mo. av
1921 mo. av
1922 mo. av

143
152
178
189
222

99
105
127
152
234

109
1OO
79
96
132

1921.
January...
February..
March
April

184
172
199
194

120
126
133
139

68
81
83
89

May
June
July
August —

204
196
195
199

148
155
161
162

September
October...
November
December.

178
173
184
204

1922.
January -..
February..
March
April

Domestic Stocks,
Exports.5 consump- endo? 4
tion.
montli.

Relative to 1919.

1OO
100
104
122
144

1OO
118
139
138
122

Production.

Relative to 1913.
1OO
97
102
115
169

100
107
113
121
135

Oil
wells
completed.

135
190

100
87
48
98
87

72

113

76

73

246
337
594
699
724

235
244
364
182
192

93
110
127
77
91

90
1OO
123
130
157

153
1OO
173
143
157

91
1OO
124
131
156

82
1OO
98
134
167

227
180
207
195

856
765
749
744

364
207
187
187

115
91
77

140
118
127
129

176
171
148
185

103
79
121
116

121
144
151
158

616
691
542
226

190
197
190
195

650
793
269
259

161
127
107
107

92
73
60

136
130
127
131

130
124
89
156

124
155
160
176

169
159
145
120

107
103
100
103

616
784
876
929

191
208
211
220

817
776
814

107
166
228
241

49
47
56
70

126
134
131
133

114
154
150
117

153
159
122
109

109
97
105
124

187
199
211
225

116
128
126
149

814
944
786

206
182
216
188

851
781
800
864

241
241
241
241

72
72
83
91

135
121
143
143

163
124
172

99
92
133
135

149
171
181
189

224
220
225
225

235
244
249
250

136
137
140
133

945
821
672
565

223
221
230
242

861
786
791
642

241
241
206
134

95
104
113
107

156
159
173
167

182
176
191
117

174
177
198
204

181
175
164
149

September..
October
November..
December..

219
231
230
242

251
253
252
252

138
133
127
123

435
499
496
520

227
244
248
262

526
648
560
567

134
134
134
134

99
87
91
75

163
172
172
177

146
139
136
154

177
171
168
152

146
153
164
187

1923.
January...
February..
March
April

249
234
271

241
243
247

121
8 124
120

517
8 294
394

266
8 228
265

554
471
612

145
185
198
195

76
69
78

189
172
191

191
218
223

155
130
154

212
239
267

1913 mo.
1914 mo.
1915 mo.
1916 mo.
1917 mo.

av
av
av
av
av

j
|
|
j

7

May..
June..
July..
See footnotes on opposite page also.
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.
a
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 the Wall Street Journal.
< Stocks held by refiners.
1




71

PETROLEUM.
Table 24.—NUMERICAL DATA.
From Government sources.*
[Base year in bold-faced type; index numbers on opposite page. ]
GASOLINE.

CRUDE PETROLEUM.
Stocks.
YEAR AND MONTH.

Production^

Held at
end of
month. 2

Number Imports.
of days'
suppl;

on daily
rate of
Thousands of barrels. consumption.
1913 monthly average..
1914 m o n t h l y average.,
1915 m o n t h l y average..
1916 m o n t h l y average.,
1917 m o n t h l y average..
1918 monthly average..
1919 m o n t h l y average..
1920 m o n t h l y average..
1921 m o n t h l y average..
1922 m o n t h l y average.

1921.
January
February
March
April

20,704
22,147
23,425
25,064
27,943

104,962
123, 709
145,914
144,556
128,201

29,661
31,531
36,911
39,137
45,933

103,886
110,026
133,115
159,237
245,673

Consumption.

Total
Price, Oil wells
shipments KansascomOklafrom
pleted.
Mexico.3 homa.
Per
barrel.

Thousands of barrels,

1,484
1,437
1,512
1,714
159

2,514

126

3,144

116

4,401

21,808
21,774
22,772
26,549
31,478

2,159 $0,934
1,766
.798
2,743
.583
3,318
1.258
4,608
1.775

Number
of wells.

Exports.5

Domestic
consumption.

Stocks,
end of
month. 4

Thousands of gallons.

1,592
1,389
763
1,565
1,383

237,546

34,676

218,420

343,946

5,319
7,280
12,814
15,093
15,611

2.197
2.279
3.404
1.704
1,796

1,487
1,747
2,024
1,218
1,445

297,526
329,821
406,879
429,462
516,853

46,926
30,667
52,979
43,817
48,295

260,265
286,320
354,848
376,382
447,104

386,202
472,411
464,485
630,757
791,022

54,065
52,497
45,392
56,624

294, 751
225,195
346,165
333,291

571,984
680,540
713,043
747,223

92

9,054

111

10,442

153

10,362

34,423
34,873
43,732
43,748
48,863

13,193
11,384
12,303
10,104

49,534
39,362
45,248
42,562

18,481
16,506
16,173
16,066

3.400
1.938
1.750
1.750

1,825

1,224

460,432
388,188
419,795
426,215

9,148
10,255
8,047
3,352

41,463
42,893
41,479
42,583

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

9,139
11,635
12,994
13,753

41,702
45,314
45,987
47,905

17,634
16,746
17,571
19,397

1.000

2.250

788
752
899
1,108

416,913
410,956
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

44,906
39,609
47,095
40,997

18,364
16,852
17,274
18,663

2.250

1,151

2.250

1,143

49,856
38,170
52,814
58,007

282,717
262,926
380,407
385,264

705,711
807,379
854,232
892, .568

38,138

125,589

79

35, 524

132,222

94

41,105

139,499

96

40, 233

146,399

103

42,189

155,267

116

40, 548

162,463

114

40, 461

168,821

126

41,109

169,682

124

September..
October....
November..
December..

36,763
35, 832
38,108
42,173

172.874

124

174,149

119

178,260

116

185,623

120

1922.
January
February
March
April

43,141
40,814
46.634
44.635

221, 588

146

235,962

173

13,097
12,077
14,004
11,659

May
June
July....
August.

46,456
45,559
46,593
46,521

247,093
255,817
261,395
262,707

158
159
162
154

14,018
12,182
9,971
8,385

48.571
48,192
50,093
52,831

18,587
16,977
17,068
13,868

September.
October
November..
December..

45,291
47,885
47/531
50,137

263, 761
265,073
265, 017
264,578

160

^ 6,462
7,408
7,364
7,713

49.572
53,240
54, 072
57,181

11,367
13, 989
12,085
12,240

51,467
48,413
56,132

252,961
3 255,385
258,738

7,667
s 4,368
5,840

57,929
8 49,691
57,898

11,960
10,175
13,222

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

Production.

196,228

135

208,851

148

154
147
143

1.550
2.125

1,574
1,452

2.250

j
i
!
\

1,323

2.250

1,442

444,623
398,223
472,278
472,920

2.250
2.250
1.925
1.250

1,511
1,654
1,798
1,709

513,659
525,941
569,711
549,958

55,824
53;835
58,631
36,010

499,242
506,964
566,112
583,688

856,607
824,966
772,909
703,738

536,492
566,279
567,101
585,050

44,846
42, 757
41,572
47,223

507,935
490, 393
481,280
434,400

690,051
723, 584
776,724
883,793

623,823
568,652
630,701

58,505
66,968
68,506

443,128
373,564
440,000

1,002,857
1,130,341
1,259,209

1.250

1,572

1.250

1,388

1.250

1,450

1.250

1,197

1.350

1,208

1.725

1,094

1.850

1,248

1923.
January
February
March
April

140
9 144
139

1.825

May..
June..
July..
See footnotes on opposite page also.
" Exports of gasoline," as used by the Bureau of Mines, includes the items " gasoline" a n d " a l l other n a p h t h a , etc.," as reported by the U. S. Department of Commerce,
less exports to the Philippine Islands.
8
Represents production transported from field of production, does not include oil consumed at locality of production.
7 Covers first 21 days only, during which period t h e old tariff law was in effect.
8
Beginning February, 1923, stock figures exclude stocks of oil topped in Mexico, also excludes stocks of imported oil held at refineries. No comparable figures to those
now being issued are available for previous m o n t h s , except for Decembef, 1922, with comparable stocks of 250,231,000 barrels, and January, 1923, with comparable stocks
of 249,794,000 barrels. Imports of crude petroleum beginning February, 1923, will exclude topped oil:, on this basis the January, 1923, imports were only 5,069,000 T barrels.
, £
Consumption calculated on the new basis was 56,210,000 barrels in January, 1923, while day's supply was 140 at the end of December, 1922, and 138 at the end of January,
1923, on this basis.
5




72

PETROLEUM PRODUCTS.
Table 25.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA.
From Government sources.1
[Base year in bold-faced type.]

GAS AND FUEL
OIL.

KEROSENE
OIL.
Production.

YEAR AND MONTH.

Stocks.

Production.

Production.

KEROSENE
OIL.

LUBRICATING
OIL.

Stocks.

Production.

Stocks.

GAS AND FUEL
OIL.

Production.

Stocks.

Stocks.

LUBRICATING
OIL.
Production.

Stocks.

Thousands of gallons.

Relative to 1919.

B —NUMERICAL

A.—INDEX NUMBERS.

DATA.

2 122,526

1917 monthly average

68

2 173

82

2 81

85

2 76

133,501

2 521,273

524,036

2 621,860

60,137

1918 monthly average

78

135

96

71

99

89

152,113

404,847

610,116

548,221

70,122

144,234

1919 monthly average

100

1OO

100

100

100

100

195,136

300,582

635,607

770,362

70,563

161,491

1920 monthly average

99

126

146

89

124

85

193,341

379,472

738,454

687, 858

87,226

137,212

1921 monthly average

83

134

127

151

104

143

162,094

402, 522

805,318

1,164, 926

73,155

231,172

1922 monthly average

98

100

140

172

116

143

192,194

301,618

892,186

1,327,662

81,563

230, 678

September

102

126

132

100

122

81

199,140

379,301

836,700

771,127

86,230

130,450

October
November

110

128

130

104

132

84

213, 742

383, 828

823,115

799,024

93,230

136, 195

110

133

129

105

129

88

214,804

398,992

822,638

808, 803

91,180

142,181

December

108

131

135

109

129

99

210,668

393,071

859,131

837,404

90,895

160,522

1920.

1921.
105

139

132

120

122

114

205,375

418,748

836,684

921,028

85,909

1S3,813

February

84

143

115

129

103

125

163,082

430,045

732,542

993,127

72, 432

201,628

March

87

149

119

130

169,248

446, 367

758,335

1,005,318

73,003

223,414

80

153

128

137

103
108

138

April

155

156,157

458,667

813,444

1,056,485

76,457

249, 593

May

74

151

129

162

145,225

452,438

817,368

261,760

145

130

89

162

141,637

435,057

826,355

1,163,389
1,248,664

70,000

73

151
162

99

June

63,089

July

71

137

127

165

93

160

138, 724

412,202

807,428

1,269,419

65,893

260, 883
258,638

August

74

130

123

161

94

150

143,652

389,893

784,450

1,243,146

66,473

242, 530

September

79

124

124

160

98

143

788,408

1,229,254

69,053

230,227

94

111

161

108

134

334, 580

833,775

1,238,269

75,971

216,770

November

90

113

131
126

154,017
182,454

371,235

October

166

109

141

175,240

340,026

799,257

1,279,451

77,005

228,038

December....

87

113

136

173

117

134

170,315

341,009

865,769

1,331,265

82,573

216,766

89
86
92

109

135

171

120

107

134

172
162

104

157
147

172,917
167,220

245, 231

110

105
98

152

February..
March
April

97

108

125

167

103

May

89
89

106

147

172

106
108

142

172

95

151
149

January

1

;

1922.
January

June

99
94

July
August

327,484

858,111

1,319,481

74,314

761,085
849,106

1,321,589

69,123

253,568

178, 785

331,423
321,428

188,809

325,836

791,643

73,391
72,945

236,886 '

147

1,250,278
1,282,801

113
114

140

173,824
173,650

318,890
317,574

936,742

1,321,438

903,057

1,326,940

79,848
80,138

226,293

141

176

130

140

192,924

324,586

959,029

126

137

184,383

285,520

944,289

91,715
88,824

226,691

177

1,358,870
1,366,612

237,230

226,904 '
220,668

September

101

90

144

177

116

133

197,935

270, 577

917, 858

1,364,957

82, 057

214, 728

October
November

110

85

145

178

124

135

215, 203

256, 259

921,606

1,368,749

87,341

217,775

120

86

140

176

127

140

234,436

257,879

891,590

1,352,348

89,271

226,430 i

December

116

94

153

169

127

146

226,239

281,050

972 111

1,304,728

89,785

235 735

1923.
109

92

156

164

123

149

212,447

275,437

989,376

1,265,074

87,078

240,690 •

February

92

91

142

166

110

148

180,375

272,763

902,563

1,276,876

77,498

238,859

March.

98

94

15?

163

129

146

190,701

283,340

970,891

1,254,122

90,745

235,263

January

April
May
June
Julv




!
1

1

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.

73

AUTOMOBILES.
Table 26.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA.
Data from Government and non-Government sources,1

1918 mo av
1919 mo av
1920 mo. av..
1921 mo. av..
1922 mo. av..

Automobile
accessories
and parts.

Automobile
trucks and
wagons.

Passenger automobiles and
motor cycles.

Trucks.

Passenger cars.

By boat.

Driven away.

By railroad.

Automobile
accessories
and parts.

INTERNAL REVENUE
TAXES * ON—

Thousands of dollars.

Number of machines.
B.—NUMERICAL DATA.

A . — I N D E X NUMBERS.

1913 mo av
1914 mo av
1915 mo av
1916 mo av
1917 mo av

PRODUCTION. 3

SHIPMENTS.*

Carloads.

Relative to 1920.

Relative to 1919.

Relative t o L920.

Automobile
trucks and
wagons.

INTERNAL REVENUE TAXES < ON—
Passenger automobiles and
motor cycles.

By boat.

Driven away.

YEAR AND
MONTH.

By railroad.

SHIPMENTS.*

Trucks.

PRODUCTION, s
Passenger cars.

[Base year in bold-faced type.]

28

7

38, 458

1 958

33

8

45,307

2,115
6 167

77

49

23

16 048

68 218

108

90

28

22 598

124 468

7 500

107

105

41

22 462

145,066

10 680

77 199

18 938

64

56

72

113

1OO

1OO

114

102

100

1OO

1OO

13 456
6 84

5

90

5

101

1OO

1OO

1OO

20,922

5

138,138 2 6 , 3 6 4

23 726
39,239

4,698

5 $5,824

s $1,138

26,837

6,967

1,263

4,250

156,930

$4,305

78

31

40

93

46 ;

61

54

79

16,290

12,037

1,859

127,916

12,090

4,270

687

3,374

132

61

103

141

77 |

90

63

69

27,646

25,380

4,837

194,514

20,254

6,238

799

2,946

May

89

39

51

77

66

68

18,608

15,193

2 381

5 355

832

2,873

June
July
A ugust

97

48

84

65

77

20 269

18 834

3 947

4,497

973

3,369

93

40

79

79
72

19 514

15,533

3 726

99

39

91

35

85

1921.

September...
October
November...
December...
1922.
January.
February
March.
April
May
June
July
A ugust.
September...
October.
November...
December...
1923.
January
February
March
April

165 574

10,766

3 873

505

3 042

3 595

167 705

13 080

8 428

1,281

3,999

2,959

13,648

2,465

670

6,777

2,226

144,669
134,734

12,813

4,414

514

4,565

10,528

1,402

106,042

10,010

5,427

655

3,357

7,501

188

70,690

8,307

3,999

474

2,863

15,357

7,479

143

81,693

9,416

2,567

457

1,751

19,636

10,173

180

109,171

13,195

2,606

397

2,385

16 917

560

152 959

19 761

3,845

487

2,674

22,381

2,960

197,216

22,342

4,377

731

2,231

981
1,254

2,684

613
1,324

3,123
3,555
3,813

41

56

40

77

120
121

50

121

101

94

20 758

15 218

63

105

52

35

159

19,002

13,840

33

47

98

49

63

53
41

107

17,808

12,971

68

27

30

52

79

14,264

19

4

38
32

78

59

77
51

57

38

67

12, 310

73
94

19

3

59

36

37

36

41

26

4

79

50

37

31

56

27 753
31,334

133

43

12

111

75

55

39

150

57

63

143

85

63

58

63
52

164

73

157

168

90

98

78

63

34 324

28 760

7 366

232 431

23 788

6,834

158

78
72

168

190
162

99
83
93

113
52

99

71

263 027

25 984

7,848

73
84

33,857
28 100
36 754

7,737

49
105

34,230
29 116
32 814

7 030
10 096

224 770
248 122

21 837
24 467

8 632

8,002

187,661

19,188
21,512

7,190

770

11,587

891

3,479

5,559
5,112

915

3,576

765

3,066

139
157
124
130
130
129

94

150
215

180

125
103
166

25,950

71

90
82

30,055

27,100

35,203

7,605

216,099

156

73
82
82

61

80

72

84

27,232

5,070

215,284

150

76

73

61

72

26,900

27,376
27,500

1,300

207,269

21,683
20,050

136

77
90

170
162

156

70
70

108
28

8 699

3,016

77
109

15

162

73

43,600

223,706
254,650

19,377
21,815

3,243

56

728
882

799

83

35,228
36,147

7,732

184'

76
82

30,027

19

111
84

63

171

5,887

209

149

40

231

131

116

57

79

43,774

58,320

1,900

318,424

34,593

8,070

710
725

3,476
3,378

212

148

95

44,400

58,100

4,443

168

May

Jane
July
1
Automobile shipments from National Automobile Chamber of Commerce; current automobile production data from U. S. Department of Commerce, Bureau of the
Census; yearly figures 1913-1921 from National Automobile Chamber of Commerce; internal revenue taxes on automobiles and accessories from U. S. Treasury Department, Bureau of Internal Revenue.
2 Represents shipments from factories covering almost the entire automobile production of the United States.
s Total of membership of the National Automobile Chamber of Commerce, to which are added reports from outside manufacturers, representing practically complete
production. Annual figures through 1921 represent complete production as compiled by National Automobile Chamber of Commerce.
* Data represent internal revenue taxes collected under the revenue acts of 1918 and 1921. For taxes on automobiles and motor cycles ("including tires, inner tubes,
parts, and accessories therefor, sold in connection therewith") the rate is 5 per cent and payable by the manufacturer. For taxes on automobile trucks and automobile
wagons ("including tires, etc., sold on or in connection therewith") the rate is 3 per cent and payable by the manufacturer. For taxes on "automobile accessories and
parts sold to any person other than a manufacturer (of automobiles)" the rate is 5 per cent and payable by the manufacturer.
& Six months' average, July to December, inclusive.




74
RUBBER.
Table 27.—INDEX NUMBERS.
Based on data from commercial and trade sources.
[Base year in bold-faced type; numerical data on opposite page.]

AUTOMOBILE TIRES.*
Pneumatic tires.

Y E A R AND M O N T H .

Production.

Ship- ProducStocks. ments,
tion.
domestic

Raw material
consumed.

Solid tires.

Inner tubes.

Ship- ProducStocks. ments,
domestic. tion.

ShipStocks. ments, Fabrics.
domestic.

Crude
rubber.

av.
av.
av.
av.
av.

100
123
191
233
350

83

100
138

100
152

67
100

39
44
67
97

37
44
67
96

279
227
295
270

21
21
22
22

115
104
95
94

91
113
127
152

117
120
143
166

117
118
132
171

247
359
286
343

22
20
20
20

106
131
123
114

70
71
75
73

114
104
79
90

113
103
95
95

109
109
98
101

358
493
536
607

22
26
27
26

82
74
91
102

114
112
140
132

79
79
79
75

76
84
110
119

115
100
141
129

118
103
149
135

559
691
665
449

24
20
20

157
135
124
114

128
173
158
184

163
187
202
238

74
74
76

138
144
137
158

152
151
144
164

162
165
157
188

370
528
589
563

22
21
21
22

155
168
171
151

113
120
136
125

155
149
134
167

234
242
243
218

102
106

152
162
140
147

136
150
135
142

157
172
160
161

3 459
770
578
812

21
24
27
28

175
179
216

128
148
169

164
131
167

236
213
276

114
117
115

138
144
175

164
177
203

191
191
232

856

34
38
36
34

<150

1921 monthly a v .
1922 monthly a v .

100
141

100
116

100
128

100
141

100
132

100
133

39
45
64
91

126
123
109
107

51
56
85
94

33
41
60
78

122
119
110
108

45
49
72
87

60
66
81
82

132
132
123
117

May
June
July
August..

116
127
141
167

106
99
92

109
139
145
152

98
104
134
196

104
84

102
141
157
166

99
80
95
158

September
October
November
December

106
106
97
101

79
84
93

107
88
70
104

145
126
94
92

84
104
114
104

115
88
67
110

1922.
January
February...
March
April

113
115
146
132

99
111
123
130

84
82
109
110

104
115
134
117

115
134
153
158

May
June
July....
August..

150
156
136
160

131
120
115
110

138
164
141
159

132
139
136
169

September
October
November
December

138
147
150
146

109
111
118
109

131
136
125
154

1923.
January
February...
March
April

172
177
213

111
124
135

157
136
174

<123

4 343

100

100

See footnotes on opposite page.

100
131

185

May..
June.
July..




100

281
462
489
358
586

1918 monthly a v .
1919monthlyav.
1920monthly a v .

1921.
January
February..
March
April

Wholesale
price,
Imports. Para
Island,
New
York.
Relative to 1913.

Relative to 1921.
1913 monthly
1914 monthly
1915 monthly
1916 monthly
1917monthly

INDIA RUBBER.'

60
41
23
23

75
RUBBER.
Table 28.— NUMERICAL DATA.
Based on data from commercial and trade sources,
[Base year in bold-faced type; index numbers on opposite page.]
AUTOMOBILE TIRES. 1

Pneumatic tires.

Inner tubes.

Raw material
consumed.

Solid tires.

INDIA RUBBER.*

I Whole-

YEAR AND MONTH. :

Ship- Produc! ProducStocks. ments,
! tion.
domestic. tion.

ShipStocks, ments, Produc- Stocks.
domestic. tion.

Shipments,
domestic.

!
j
, Fabrics.
j

|

I price,
Imports.
Para
Island,
New
York.

Pounds.

Number.

Per
pound.

1913 m o n t h l y a v .

9,656,720

1914 monthly a v .

sale

Crude
rubber.

* 658,946

$0,807

11,922,097 I

.616

1915 monthly a v .

18,456,827

.557

1916 monthly a v .

22,507, 517

.669

1917monthlyav.

33,803,190 j

.648

1918 monthly a v . .

27,163,276

. 42,771,284

1919 monthly a v . . •2,736,292
1920 monthly a v . .

.549

44,661,702

4 121.234

.483

47,212,178

1921 monthly a v . . 1,818,315 4,213,384 1,905,616 12,258,517 4,568,067
1922 monthly a v . . 2,558,178 4,866,757 2,435,158 3,178,0
6,038,662

1921.
January

'

February.

.I

703,430 [ 5,319,605

.333

17,922,039

34,606,109

.182

193,388

57,404 ; 9,257,355 j 27,301,029

56,594,921

.183

2,292,287

35,354

230,862

3,054,703

65,550

43,960 ! 6,696,317

965,417

740,824

5, 586,163

1,042,617

21,220

303,753 j

29,116

2,598,143 | 6,625,435

26,911,753

.173

819,892

5,193,018

1,073,756

916,627

5,415,464

1,129,881

23,355 i

304,374

29,599

2,952,058

7,823,657

21,933,165

.168

I 1,163,314

4, 597,103

1,614,651

1,346,483

5,044, 861

1,643,690

28, 710 j

283, S00

43,926

4, 474,965

12,075,298

28, 508,995

.180

April

1,651,418

4,527,445

1,785,951

1,762,122

4,916,772

1,983,571

28,859

;

269,985

42,080

6,524,668

17,191,149

26,087,408

.178

May

2,100,917

4, 451,668

2, 085, 882

2,210,040

4,751,880

2,342,567

35,156 |

264,633

40,122

7, 863,738

21,050,554

23, 890, 838

.179

June

2,313,265

4,154,456

2,643, 850

2,359,928

3,835, 098

3, 232,673

28,395 [

240,336

49,867

8,044,486

34,624, 748

.164

July

j 2,570,524

3,892,037

2,757,581

3,020,981

3,122,815 I 3,603,248

35,123 !

220,003

55, 678

9,565,128 j 23,719,637

27,647,874

.164

August

! 3,043,187

3,934,583

2,894,422

4,430,152

3,649,319

3,804,060

55,694 I

216,367 |
I

66,866

11,131,256 j 30,634,353

33,103,804

.165

September

\ 1,929,268 j 3,340, 798

2,047,929

3, 274, 822

3, 827, 830

2,645, 758

37,441 |

161,832

50, 276

7, 580, 858

October

I 1,928,271 [ 3,545,030

1,675,169

2,843,918

4,732,016

2,016,371

46,274 I

163, 299

45,911

6,905,681 j 19,602,342

N o v e m b e r . . ; . . . . j 1,7.56,555 | 3,908,342

1,342,519

2,126,211

5, 203, 568

1, 540, 299

43,537 |

173,451

34,556

6,349,808 | 17,608,993

51, 731,184

.215

December

3,696,519

1,980,264

2,070.098

4, 731,021

2, 522, 710

40,478 |

168, 515

39.520

6,365,014 j 18,049,077

58,644, 821

.211

January

2,055,134 ! 4,174,216

1,596,806

2,343,393

5, 246,647

1, 889, 724

40, 224

181, 769

33,294

7,706,622 j 21,180,446

54,010, 946

.193

February

2,084,308

1,562,365

2, 596,774

6,141, 956

1,702,583

39,492

183, 448

36,805

6,710,973 ! 18,466,916

66, 744, 240

.163

March

| 2,645,790 | 5,183,286 j 2,073,963

3,017,511

6,991,118

2,090,737

49,433

182,197

48,350

9,431,205

26,771,245

64,215,222

.161

April

2,401,187 j 5,464,336 j 2,086,651

2,650,573

7,230,096

2,329,343

46,664

173,748

52,309

8,623,915

24,125,450

43,407, 359

.171

March

1,839,738

4,691,329

21,207,555

19,476,415

34,546,411

.174

47,642,303

.210

May

2,721,503 j 5,523,095

2,639, 273

2,970,696

7,189,552

2,938,947

57,640

170,904

60, 711

10,161,225

29,068, 462

35, 727, 058

.176

June

| 2,838,890 j 5,042,147

3,133,260

3,130,629

6,186,534

3,973,679

66,089

169, 808

63,408

10,119,500

29,654, 934

50, 952,024

.169

July

! 2,476,636 I 4, 834,106

August

2,905,209

2,695,095

3,068,199

5,675,839

3,630,744

71, 505

176,375

6Q,425

9,616,542

28,180,511

56, 854,758

.172

4,629,392

3,029,823

3, 808,224

5,207,228

4, 220,055

84,313

189,698

69,435

11,005,868

33,738,981

54,332,275

.176

9,131, 868 28,051,063

September

2,504,744

4,612,037

2, 502,106

3,501, 442

5,164,757

3,558,971

82,767

200,016

66,797

44,344,862

.171

October

2,674,662

4,682,958

2, 588, 770

3, 787,758

5,4«8,033

3, 420,680

85,480

213,942

71,275

10,064,943

30,893,542

74,315,183

.196

November

2,733,134

4,964,976

3,850,908

6,210,053

3,075,023

85,775

234,684

61,4bt>

9,014,858

28,671,802

55,819,047

.219

December

2,656,942

4,599,208

2,379,708
2,934,079

3,411,074

5,732,125

3,825,949

77,221

244,061

64,570

9,500,735

28,809,000

78,416,074

.223

82,652,532

.272

1923.

I

January

! 3,127,270

4,695,916

2,994,297

3,951,885

5,838,310

3,748,651

83,343

262,462

60,611

10,997,350

34,186,395

February

j 3,217,987

5,224,387

2,588,639

4,039,202

6,771,958

3,001,697

75,457

270,191

63,394

11,833,502

34,235,455

.307

March

| 3,865,726

5,670,601

3,322,637

4,875,414

7,740,945

3,828,315

79,788

265,843

77,144

13,596,336 i 41,593,860

.290

April

|

.274

May..
June.
July..
1
Data furnished by the Rubber Association of America. The.number of firms has increased from 36 in November, 1920, to a maximum of 66 in 1922. 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.
3
India-rubber imports from U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce; wholesale prices, average weekly, from U. S. Departmen to
Labor. Bureau of Labor Statistics.
3
Covers first 21 days only, during which period the old tariff law was in effect; remaining 9 days included with October.
< Computed from census data for the year indicated. The figures are not directly comparable but are given here to show the production of automobile tires as ascertained from the census of manufactures for the years 1911 and 1919.




76

HIDES AND LEATHER—PRODUCTION AND STOCKS.
Table 29.—INDEX NUMBERS.
sources,1

Based on data from Government and non- Government
[Base year in bold-faced type; numerical data on opposite page.]
STO<:KS OF HIDES A N D
SKI

YEAR AND
MONTH.

Cattle
hides.

Calf
and
kip
skins.

Sheep
and
lamb
skins.6

SOLE AND BELTING
LEATHERS
! Stocks
Stocks,
in
end of , process
m o n t h , of t a n ning*

Total
hides
and
skins.

UPPER LEATHERS

Produc- Stocks, Stocks Producin
tion of end of process tion of !
finished m o n t h . of t a n - finis lied
leather.
ning. leather.

OAK
SOLE
AND
BOOTS
LEATH- SKIV- U N I O N
AND
ERS.
H A R - SHOES"
ER.
NESS.3

SALES OF
BELTING.5

P r o d u c - , Quan! t i o n . j tity. Value.

Production

Relative t o 1919.

Relative to 1921.
1915 mo. av..
19ir>mo av
1917 mo. a v
88

191Smo.av..
1919 mii. a v . .
1920 mo. a v
1921 mo. av..

100
89

1OO

115
116
111
109

137
120
95
100

100
95
98

109
105
94
95

September
October
November. .
December...

89
87
84
84

1022.
January
February...
March
April

86
82
81

1921.
January
February
March .
April
May
June
July
August

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

4

214

100
82
100
81

1922mo.av..

« 107

106
119
104
10S

91

1OO
82

1OO

117
115

96

i

95

'•

99

110
107

103
103
97
91

101
104
104
106

107
105
95
95

105
1()9

92

96
99
101

90
89

91
88
84

83

96

86
85

79

82
78
79
80

93
99
91
90

86
92
92
93

85
83 '
73
86

79
7Q
79
79

59
110

86
98

95
93
112
90
96
98
82

i

44
60
74
73

44
40
43
41

49
44

60
60
47
51

43

42

49

4G
4S

39
40
42

44
42
37
36

38
37
32
32

91 [
89 |
106
97 :

43
44
53
53

37
38
46
45

95
90 i
82 i
100

55
60
69
83

47
53
57
71

102
110
109 ,
101 !

67
70
66
64

58
63
61

Ill
110 ;
124 !

73
02

1)0 ;

73

71

63
58
84
87

63
63
72

92
108
109
121

83
81
76
86

143

80
89
95
93

138
132
117
134

59 i
63
66

63
68
82
99

100

99

9s

101

94

99

i

100
9^

99

98
102
98

99

:

i

98

105

'

Qs

j

85
93
96
99
101
107

99
97

106

76

101
104
104
99

100
10S '

96
98

108
108

115
111

98
98

107
107

116
121
114
127

103
106
103
103

1

53

S3

S3

95
93
90
90

107
94
99
87

106
113

109
111
107
104

129
121
134
115

90
79
82
71

126
113
129
107

102
99

90
89

70
72
74
80

107
112

88
88

100
97
99
101

116
113

96
92

107
103
102
96

100
96
99
96

126
141

98

145

j

100
98

135

i

100
101
100
101

60

101
101
115

S7

9S

86
S2
Si
80

77
77
77
77

111
171

100
122

80
7S

99

100
9s
42

100
12G

96

100

100

100
l')2

100

102

100
102

1OO
101

100
96

100

%

100
88

66
86
88

52

i

85 !
87 !

40

<6
*
40

j

79
83
87
90

96
97
103
96

91
97

72
83
82

97

80
80 !
71
69

81
84
88

70
69
65

87
93
92

89

'

;
i
!
|

.

88 '
92
92
89

100
102

90
88
87
87

88
90
90
96

98
102
100
100

98
98
95
93

87
85

96
100

93
92

84

100

110
99
116

92

108

!

131

141

i

134

153

2 108

95
101
2 97 :

131

109 ;

79
83
79
79

146
211

110 ;
112 !

145
142

113
110

88
77
91

157
159

121

176

117
122

58

•

68

:

j

May
June
July

1

i

1

See footnotes on opposite page also.
]
Based on figures compiled by the IT. S. Department of Commerce, Bureau of the Census. The data embrace returns from packers, tanners, dealers, importers, and manufacturers. As given in the detailed monthly reports, which can be obtained upon request from the Bureau of the Census, the returns for hides and skins are expressed
in numbers of hides and skins. For the above summary these have been reduced to p
pounds on the basis of the average weights of each class. Similarly data on leather
u e r s o ides
ha
have been converted to pounds or square f t ffrom reports iin skins, sides, b k b t t pounds, etc.
h
b
td t
d
feet
t
ki
id
backs, butts,
d
t
* Prior to July, 1922, these figures were compiled by the Tanners' Council. Since July, 1922, they have been compiled by the Bureau of the Census and for skiver and
been compiled by t e u u f
e u
e nd
th g
fi
f
J l y, 1922
t d i t ly
harness production represent returns from a much larger number of firms than reported to the Tanners' Council. H
Tanne
cil Hence the figures from July, 1922, on are not directly
,
comparable with those for preceding months The index numbers in Table 27 for the months after July 1922 have been computed by chain relatives and take account
months.
July, 1922,
of the percentage variation rather than the absolute variation in the figures. The index numbers show the trend of the industries irrespective of the change in the number
pg
f
fi
ti
of firms reporting.




HIDES AND LEATHER—PRODUCTION AND STOCKS.
Table 30.—NUMERICAL DATA.
From Government and non-Government

sources.

[ Base year in bold-faced type: index numbers on opposite page.]
STOCKS OF HIDES AND
SKINS.i

Cattle

YEAR AND
MONTH.

hides.

Calf Sheep
and
and
kip
lamb
skins. skins. 6

SOLE AND BELTING
LEATHER.1

Total
hides
and
skins.

Stocks,
end of
month.

ess of
tanning.

finished
leather.

mo.
mo.
mo.
mo.

ProI Stocks, ducStocks, in proc- tion of
end of ess of
finmonth. tan- ished
ning. leather.

av.
av.
av.
av.

Stuffed
sides.

|| 1,053,073 UG, 039
ii
!| 1,876,285 I 15,032
jl 1,535,290 ' 13,274
57,986 j! 1,499,225 ! 10,053
25,751
72,903 i; 1,154,780

95,244
90,974
50,266
104,8S5

32,935
27,452

430,897 , 193,528
355,025 | 180,434

111,217
100,679

25,657 I 423,021
24,557 |i 428,109

1921.
January
February..
March
April

32,900
31,225
32,427
32,481

502, 451
494, 995
475, 081
400, 114

100,705 I
110,787
111,082
112,321 ;

22,444 I 425,942 135,515
21,205 ( 427,508 140,005
25,502 I 485,009 j 152,580
24,000 ! 419,308 j 158,224
I
25,242 ' 420,712 I 102,498
20,122 ; 410,553 , 106,4G2
25,028 ! 417,145 : 174,941
20,985 I 411,505 | 173,8-18

53,532
02,448
03,217
70,418

07,545 ' 1,507,185 ! 20,083
09,901 | 1,070,240 I 19,890
;
17,533
05,900 j 1,7X9,390
20.149
73,557
1,753,755

;
:
[
I

49,507
55,879
60,002
02,551

74,503
70,290
77,510
00,700

I
j
j
I

79,942
09,880
55,495
58,225

3G9,2G8
35G, 950
318,078
322,317

59,909
00,325
50,424
53,270

September.. 301,094
29G,429
October
November. . 285,203
December... 283,909

53,821
53,022
51,502
49,083

31,515
32,GG3
33,410
31,654

380,430
382,114
370,235
364,700

193,013
194,754
193,841
195,897

112,402
110,044
115,422
110,220

25,083
27,693
29,544
28,431

,: 408,038
i 413,375
!j 415,304
! 415,790

VJ22.
January
February. . . 277,100
March
! 274,082
April
j 209,828

48,005
45,302
40,410
40,858

30,703
32,012
29, 852
29,591

309,039
355,134
350,350
340,277

199,324
204,471
200,072
199,177

105,712
103,311
99,594
100,258

27,486
24,200
25,275
22,416

422,318
431,704
449,915
477,709

May
Juno
July
August

50,187
53,721
53,828
54,282

27,855 j 339,977
27,428 I 341,427
24,155
339,052
28,236 ! 342,500

August

September..
October
November..
December...

Thous.
of pairs.

Pounds. Thous.
ofdols.

754,274
846,604
739,028
707,423
27,602
23,793
26,990

1,171
1,199
1,354

710,214 1,365
094,899 1,662
548
300,090
718
427,395

I
180, 531
184, 707
189, 0:53
191, 898

389,519
393,890
387, 759
3G9,408

May
Juno
July

QuanValue.
tity.

203,596

1919 mo. av.
1920 mo. av.
1921 mo. av. 339,548 58,414
1922 mo. av. 275,293 52,281

104,216
160,770

SALES O F
BELTING.*

Production.

Production.2

Backs, |
Thousands of square feet, bends, and Dozens,
sides, i

Thousands of pounds.

1915
1916
1917
1918

OAK
SOLE
AND BOOTS
LEATH- SKIV- UNION AND
ERS. HAR- SHOES.'
ER.
NESS.3

UPPER LEATHERS

! 201,935
200,278
201,009
259,9X2

l':

ii

33,335 j | 402,512 j: 204,137
34,388 | 451,003 || 197,200
34,405 ' 409,507
197,010
34,700
410,353 j 193,070

207, 232 50, 229 ' 20, 18'
281,073 50,410 20,403
294, 970 60,090 23, 522
305,570 55,975 22,878

111,002
109,378
110,070 I
108,439 j

190,039 I 99,009 j 22,576
192,151
99,295 j 23,640
185,927
97,549 j 23,554
177,072
97,873 I 22,822

30,302
33,570
48,955
50,420

|j 1,190,950
ii 1,177. 888
i! 1,351,140
!; 1,422,727 |

42,236
56,971
70,194
69,922

309,474
285,575
300,146
288,584

GOG
600
626
552

14,499 j 57,480
14,753
57,196
12,321
44,971
21,430 J 48,286

308,872
300,109
328,514
340,500

572
539
548
570

24,133

311,709
299,867
262,820
258,852

525
501
439
433

59,815
65,067
78,100
94,598

25,120
24,551
29,350
26.852

302,904
314,054
373,610
373,116

510
524
625
615

452,051 104,434 [ 67,275 I j 1,320,635 10,099 ; 90,813
437,151 I 1.9,099
65,570 • I 1,358,973 16,815 I 95,953
432,185 102,337
62,807 ' 1,307,594 '• 25,239 115,561
j
407,794 105,277
30,629 130,103
70,007 ; 1,500,304
|

26,227
24,831
22,686
27,676

388,686
424,377
487,469
590,618

636
721
780
967

'
j
!
j

177,120
177,709
175,500
170,051

j 179,574
j 181,885
I 175,300
i 170,179 '

!j

14,234 j
13,987 1
16,867
13,484

!

! 1,501,220
;
I1 1,521,521
; 1,431,373
! 1,007,302
:

| 1,092,840
!
| 1,477,597
|
! 1,539,032
|
1 1,327,037
1

18,950
17,021
19,451
16,005

23,535

349, 648
303,8X6
378, 588
384,423

174,082
109,356
108,771
108,967

I 97,555
I 100,324
1 100,590
I 106,481

25, 2GG
26,158
25, 044
25,6.50

413,250 I 104, 19 L
415,334 158, 126
402,509 i 102,545
395,450 ' 157,090

73, 170 i 1,490,938
81, X75 1, 550, 790
1, 482,074
SI, 774
1,473,652
77, 948

34,040 131,265
49,152 133,146
33, 797 134,589
32,993 130,706

28., 288
30, 366
30,076
27.853

475,380
499, 943
467,816
451,957

826
785

375,099
401,105
397,982

108,012 106,900
104,270 j 111,239
163f061 111,261

2S,250
25,490
29,806

392,951 ; 100,941
390,357 ! 104,878
3X8,070 ; 161,687

84,021 j 1,654,064
j
7x,209 I 1,449,040
88,721 \ 1,698,054

30, 416 ' 144,213
30, 948 139,365
40, 935 145,843

30,711
30,249
34,356

571,036
441,863
520,379

928
815
972

I
1923.
January
309,904
February... 330,260
328,588
March
April

42,164
48,259
48,120

22,971
22,646
21,274

May.
June.
July.
See footnotes on opposite page also.
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.
4
Includes estimated production of firms outside Tanners' Council.
s Data on sales of oak leather belting 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.
i Compiled by U. S. Department of Commerce, Bureau of the Census, from over 1,000 firms each month. Figures for the years 1919 and 1921 are those reported by t h e
census of manufactures for those years. Production in 1914 totaled 252,516,603 pairs, or an average of 21,043,000 pairs per month.
3




78

HIDES AND LEATHER—TRADE AND PRICES.
Table 31.—INDEX NUMBERS.
Based on data from Government

sources.

[Base year in bold-faced type; numerical data on opposite page.]
EXPORTS OF
LEATHERS

WHOLESALE PRICES.2

IMPORTS OF HIDES AND SKINS.i
Hides.

AND MONTH.

Total 1 Total
CalfSole, j Upper. boots | hides i skins.
and | arid !
shoes, i skins, j
1
3

Cattle
hides.

Leather.

Green
Wosalted,
CalfSole, Chrome Men's
Men's m e n ' s
Goat- Sheep- packers' skins, hemlock, calf,
black
black
dress
skins. skins. heavy country middle " B "
kid,
calf,
welt
native
No. 1
No. 1 grades blucher tan calf Goodsteers
year
(Chi(Bos(Bos(Bos(St.
(Chicago).
ton).
ton).
Louis). welt (St.
ton).
cago).
Louis).

Relative to 1909-1913 average. 4

Relative to 1913.

Relative to 1913.

» 100
* 100 !
91 |
107 !| 100

1900-1913, monthly av
1913 monthly average.

Boots and shoes.

191-1 monthly average

55

1915 monthly average.

81 I

I

104

!

100
111
114

100

142

179

107

118 ! 132

100
102

100

100

104

100

105
119

106

100

138

106
167

127

115
150

107
110

100
104 |

1916 monthly average.

106

1917 monthly average.

90

132

178

215

190

215

153

180

191S monthly average.

63

83

164

197

172

222

181

178

146

1919 monthly average.

136

134

214

363

187

360

244

245

220

1920 monthly average.

82

130

17C

195

189

366

288

257

255

1921 monthly average.

64

72

76

79

127

193

225

195

169

1922 m o n t h l y average

82

97

98

85

124

164

209

150

145

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

17
29
23
33

64

78

79

91

46

115

65

90

131

195

225

158

167

35

j

56

103

97

112

113

104

76

82

128

195

225

158

167

49

|

74

80

66

105

74

59

76

81

124

195

225

158

167

36

!

129

86

81

123

107

76

121

195

225

158

167

18

I

38
40
55
41

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

94
71
85
41

77

82

85

83

61

77

85

121

195

225

158

167

61

52

58

97

55

80

82

121

194

217

153

158

36

59

35

62

67

84

86

77

121

186

217

153

158

67

65

57

70

70

76

90

74

121

186

217

153

158

50
63
91
74

38
46
54
55

65
82
71
75

33

83
122

67
68

61
43

29

78

84

25

85

106

85
71

90
87
76
73

121
124
124
124

173
173
158
154

217
217
213
209

153
153
153
145

158

44

90

61

89

39

104

88

121

79

124

154

209

145

138

91

54

105

63

138

92

100

91

128

158

209

145

138

76

46

93

53

125

59

28

99

124 j

161

209

145

138

73

52

140

91

194

68

167

109

124

161

209

145

138

90
50

1922.
January
February
March
April

50
38

September..
October
November. .
December...

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

160 :

5

&

r

158
140

73
74

50

118

;|

5 53

|

M35

116

97

124

173

205

152

141

33

63

161

||

145

209

116

i

125

123

104

124

173

204

153

141

24

86

60

149

jj

99

211

90

:

119

124

100

124

167

204

153

142

44

72

63

140

ij

96

186

96

!

110

111

85

124

167

294

153

142

36

79

57

138

67

173

108

j

178

210

153

142

65

86
88

8 167

56

109
108

6 124

69

6 124

6 167

210

153

142

64

80

73

105

88
88

209

153

142

200

153

142

33

98

1
|j

-> 158

102

May.
June.
July.




158

See footnotes on opposite page.

79
HIDES AND LEATHER—TRADE AND PRICES.
Table 32.—NUMERICAL DATA.
From Government sources.
[Base year in bold-faced type; index numbers on opposite page.]
EXPORTS OF
LEATHER. *

IMPORTS OF HIDES 4ND SKINS.1

WHOLESALE PRICES.'
Hides.

YEAR AND MONTH.

Sole.

Total
Upper.3 boots
and
shoes.

Total
hides
and
skins.

Green,

Cattle
hides.

Calfskins.

Thou- ThouThousands of sands of sands of
pounds. sq. it.
pairs.

3,657
2,229
10,222
1,869
1,198
1,300

6,175
3,908
17,023
7,288
3,559
6,744

1,237
1,100
1,780
1,403

455

1,574
3 137
4 310
3 142

538

1917 monthly average.
1918 monthly average.
1919 monthly average.
1920 monthly average.
1921 monthly average.
1922 monthly average.
1921.
May
June .
July
August

765
598
849

747

471
624

1 088

5,289
5,684 $0,184 $ 0 , 1 8 9 $0,282 $ 0 , 2 7 0
5,495
.196
.302
.210
.280
6,257
.242
.215
.309
.285
8,461
.262
.338
.388
.450

$3.11
3.17
3.25
3.71

$3.17 $3.00
3:28
3.00
3.35
3.00
3.44
4.01

5,380
2,928
3,995
4,630

5.68
5.65
7.77
8.14
5.18
'4.74

33,505
44 050
34 378
38 090

b, 383
6,589
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

.119

.169

.370

.525

140

156

360

525

139

153

140

162

.350
.340

525

7.00
7 00
7 00
7 00

5.00
5 00
5 00
5 00

5
5
5
5

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

.160

148

155

.158
.165

5.00
4 85
4.85
4.85

5.00
4 75
4 75
4.75

27 833
35 190
30,344
31,935

2,272
3,013
1,971
1,702

15 934
23,286
14,908
16,348

5,530
5,563
6,908
8,708

3,213
2,294
4,517
3,780

38 118
45,133
39 742
59,881

2 624
4 268
3,616
6,229

19,907
26 491
23,960
37,192

7,228
7 508
4,801
5,540

6,438
6,584
7 628
6 391

421

533

6 50 587
68,892
63 650
59 951

7 021
4,992
7 049

478

59,327

932

4

4.75
5.63
7.60
8.95
7.00
6.51

858

1 796
1 677

1 9 , 1 6 0 4 8,199
7,473
18,629
6,321
25,671
34,053
6,607
33,683
8,686

.579
.598
.970
.985
.521
.443

7 981
8 046
6 731
6,478

19&3.
January
February....
March
April

4

.535
.484
.528
.534
.358
.350

2 450
1 845
2 210
1,064

635

Dollars per pair.

.406
.371
.685
.368
.149
.160

May
June
July
August

1 156

per

.327
.301
.393
.312
.139
.180

4 403
5,595
8,078
6 578

860

(Boston).

6,999
4,372
7,086
6,896
3,822
5,136

1 036
1,435
1 070

September
October
November
December

ton).

7,409
5,197
11,138
6,684
5,260
6,745

1922.
January
February....
March.
April .

986

(Boston).

30,890
18,421
33,940
22,922
15,015
27,035

52,589
30,158
62,070
42,499
29,003
45,938

2 072
2 347
1 311

3,822
3 682
5 874
5,843

(Chicago).

sq. ft.

September
October
November....
December

858

Women's
black
kid,
Goodyear
(St.
Louis). welt (St.
Louis).

Dollars

842

451

Sole

Dollars per pound.

Thousands of pounds.

< 42,854 4 6,815
41,490 | 6,372
5,576
827
46,350
4,076
53,856
1,412
5,221
1,623
60,526

8,845
6,834
8,967
10,623

Boots and shoes.

CalfMen's
Goat Sheep salted, skins,
hem- Chrome Men's
dress
skins. skins. i packers' country lock, calf/'B" black
heavy
calf,
welt
i native No. 1 middle, grades Blucher tan calf
No. 1 (Bossteers
(Chicago).

1909-1913,monthly av.
1913 monthly average. 2,605
1914monthly average.
4,319
1915 monthly average. 6,751
1916 monthly average. 7,540

Leather.

2,465
632

525

4.50
4.38
6.60
7.66
5.06
4.34

00
00
00
00

.145
.140

.340
.340
.340
.340

.500
.500

7.00
6.75
6.75
6.75

.165
.160
.139
.134

.138
.138
.135
.131

.340
.350
.350
.350

.465
.465
.425
.415

6.7"
6.75
6.62
6.50

4.85
4.85
4.85
4.60

4.75
4; 75
5.75
4.19

6,375
5 297
1,465
8,841

.146

.134

.350

168

152

360

425

.182
.201

.186
.182

.350
.350

.435
.435

6.50
6 50
6.50
6.50

4.60
4 60
4.60
4.60

4 15
4 15
4 15
4.15

4,369
9,514
7 408
7,858

5 7,144
6,625
6 268
5,817

.213
.227
.228
.204

.183
.197
.189
.160

.350
.350
.350
.350

.465
.465
.450
.450

6.40
6.35
6.35
6.35

4.81
4.85
4.85
4.85

4.23
4.25
4.25
4.25

8,854

9,397

548

.200
.199

.450
6.450

616

193

.163
.167
.165
.166

6.55
6.55
6.50
6.50

4.85
4.85
4 85
4 85

4.25
4.25
4 25
4 25

417
321
301
560

322
390
455
463
515
454
389
434

529
504

5

6,689
9,870
6 764
6,547
4,596

5

30,220
40,087
40 439
35,647
33,126

6

188

6
6

.350
.350

.525
525

6

May

June.
July
1
Data from TJ. S. Department of Commerce, Bureau of Foreign and Domestic Commerce.
2 Data from U. S. Department of Labor, Bureau of Labor Statistics, represent average monthly prices.
3 Includes calf and kip, goat and kid, grain and finished splits.
« Represent five-year (1909-1913) monthly average imports for total hides and skins, total goatskins and total sheepskins. Calfskins and cattle hides based on four-year
average, 1910-1913.
& Covers first 21 days only, during which period the old tariff law was in effect; remaining 9 days included with October.
6
December quotation.




80
NEWSPRINT PAPER.
Table 33.—INDEX NUMBERS.
sources.1

Based on data front Government

[Base year in bold-faced type; numerical data on opposite page.]
STOCKS, END OF MONTH.

O

At
Total. mills.

YEAR AND MONTH.

Relative to
1919.
1913 monthly
1914 monthly
1915 monthly
1916 monthly
1917 monthly

av
av
av
av
av

1918 monthly av
1919 monthly av
1920 monthly av
1921 monthly av
1922 monthly av

Relative to
1913.

144
168

In
Pub- transit
to
lish- pubers.* lishers.3

fc3

Contract,
domestic.

Con- Spot
tract, mar- Activity. «
Cana- ket,
dodian. mestic.
Rel. to
Sept.,
1920.

R e l a t i v e to 1919.

Paper
purchases. 5

Sales'
(value).

Relative to 1918.

100
141
128

100

213

178

6 163

254

92
100
110
89

Jobbers.

PRINTING.

PRICES.

217

6 133

92

271

224

1OO

286

255

109

332

106

89

360

100

99

I

100

ioo I ioo

100

100

100

97

77

93

|

39

111

125

74

122

I

60

103

95

70

110

!

78

100

100

127

105

137

135

69

104

136

141

89

120

100

100
213
118
85

78

IOO
IOO
100
126
95
106
121 | 174 185
151
85 | 89
115 I 104 149

105

105

108
90
94
101

101
84
91
106

379
321
365
354

69
70
30
35

122
125
127
125

135
164
175
147

107
96
81
78

130
133
137
138

78
71
73

100
95
109
104

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

69
77
82

72
80
83
88

241
252
361
405

51
17
30
35

111
99
98
107

130
111
107
113

72
65
63
60

125
107
109
120

58
69
61
62

107
105
98
93

141
140
128
128

151
146
132
131

118
120
117
120

57
62
75

67
76
81
86

77
77
78
83

141
148
132
150

393
413
407
435

31
20
35
44

109
105
102

126
96
97
100

60
63
73
76

121
116
115
109

61
77
64
67

99
113
111
115

131
113
113
110

120
111
110
110

95
97
85

84

91
94

83
95
91
93

92
111
105
105

82
98
92
93

151
146
139
149

92
85
103
98

90
84
102
100

450
450
426
422

70
23
78
93

98 I
102 j

69
68
68
65

105
112
108
98

71
66
67
74

110
105
119
124

101

95
95
95
96

90
85
91

93

111
116
118
104

96
104
116
101

86
91
103
89

150
133
175
139

113
111
105
116

113
112
107
117

444
460
439
446

72
81
59
54

95
99
101
114

104
98
88
83

63
60
59
65

97
107
110
125

87
75
83
100

123
118
112
111

95
96
95
95

95
96
95
96

116
109
116
123

102
96
102
109

157
137
132
145

109
114
112
104

110
113
111
104

7 363
644
536
538

64
31
36
57

114
111
111
104

79
83
82

72
79
81
94

125
116
114
107

103
115
123
110

122
135
133
128

94
97
102
97

96
96
97
96

85
94
94

127
124
116
137

117
116
109
129

156
160
145
160

111
100
113

108
100
115

584

30
33
55

111
113
107

96
97
84

89
90

111
111
105

124
134
133

124
116
134

101
100
101

102
104
103

97
94

129
120

121
119

166
147

1921.
January
February
March
April
May....
June
July....
August..
September.
October
November.
December..
1922.
January
February
March
April
May....
June
July....
August.
September..
October
November..
December..

ioo I

84
83

85
85

90

1923.
January
February
March
April

May..
June.
July..




See footnotes on opposite page.

90

81
NEWSPRINT PAPER.
Table 34.—NUMEBICAL DATA.
From Government sources.1
[Base year in bold-faced typer index numbers on opposite page.]

STOCKS, END OF MONTH.
PRODUCTION.

YEAR AND MONTH.

IMEXSHIPMENTS. PORTS.8 PORTS

JobTotal. At mills. bers.

In
Pubtransit
lishers. 8 to publishers.3

CONSUMPTION
BY
PUBLISHERS.

average
average.
average
average
average

1918 monthly
1919 monthly
1920 monthly
1921 monthly
1922 monthly

average
average
average
average
average

18,320
26,290
30,701
39,019
46,593

3,601

105,024
106,049
49,689
114,543 114,880
52,311
125,215 | 60,822
125,997
102,103
102,172 | 66,040
120,641
121,035 j 85,772

8,062
9,189
3,822
1,403
2,153

228,761
226,743
253,399
236,714

24,035
23,929
23,324
29,940
22,837

8,664
6,701
6,451
6,100

154,952
155,185
144,712
188,797
171,121

41,155
40,983
52,006
28,211
36,657

110,248
142,091
148,760
147,957
170,738

113,251

1921.

ConSpot
Contract,
tract, market,
domes- Cana- domestic.
dian.
tic.
Per 100-pound roll.

Short tons.
1913 monthly
1914 monthly
1915 monthly
1916 monthly
1917 monthly

PRICES.

113,858

5,066

4,597
6,395
7,822

«31,713

6124,789

3&721 83.651
5.107
5.054
3.604

4.922
5.142
3.498

84.290
9.143
5.042
3.649

I
j 123,83*0
j 103,040
107,532
115,408

116,176
96,281
104,919
122,091

69,448
58,893
66,791
64,778

2,472
2,530
1,096
1,278

278,508
286,023
289,914
285,780

32,417
39,176
41,789
35,106

9,234
8,294
7,060
6,773

201,952
206,640
211,S56
214,049

34,905
31,913
29,209
29,852

141,559
135,334
154,278
148,427

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

44,238
46,220
66,118
74,211

1,854

254,636
226,623
225,118
244,476

31,198
26,629
25,519
27,128

6,198
5,620
5,495
5,157

193,436
166,174
169,124
186,927

23,804
28,270
24,980
25,264

152,278
148,604
139,121
132,808

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..

101,884
104,604
107,877

95,785
109,110
104,492
107,070

72,004
75,598
74,544
79,637

248,461
239,751
234,258
227,235

30,241
23,015
23,127
23,934

5,229
5,460
6,333
6,560

187,872
179,765
178,449
169,319

25,119
31,511
26,349
27,422

140,758
160,563
158,193
163,560

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
111,861

103,192
96,521
117,142
115,167

82,482
82,390
78,031
77,369

3,345

224,959
234,294
228,994
212,427

26,550
27,815
28,180
24,874

5,993
5,884
5,910
5,668

163,496
173,512
167,498
151,643

28,920
27,083
27,406
30,242

156,333
149,862
169,574
176,801

3.756
3.629
3.615
3.570

3.484
3.479
3.482
3.497

3.685
3.581
3.601
3.548

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

129,950
127,230
120,839
133,236

130,043
128,644
123,050
134,490

81,352
84,337
80,337
81,780

2,576
2,903
2,139
1,940

216,438
225,632
231,833
260,111

24,781
23,367
21,156
19,902

5,438
5,234
5,150
5,642

150,443
166,385
171,410
193,623

35,776
30,646
34,117
40,944

174,670
168,207
159,496
157,655

3.541
3.574
3.540
3.522

3.501
3.492
3.476
3.500

3.548
3.475
3.551
3.643

September.
October
November..
December..

125,402
130,682
127,983
119,404

126,494 7 66,570
129,749 ' 118,010
128,077
98,115
98,494
119,847

2,299
1,131
1,280
2,059

260,923
252,805
253,442
238,707

18,810
19,745
19,651
19,208

6,255
6,816
7,031
8,174

193,812
179,279
176,208
166,143

42,046
46,965
50,552
45,182

172,802
192,431
188,647
182,374

3.504
3.605
3.788
3.604

3.510
3.499
3.528
3.522

3.660
3.789
3.830
3.873

January...
February.
March
April

127,452
114,611
129,294

123,656
114,415
132,292

1,064
1,194

253,927
257,855
245,841

23,004
23,197
20,199

7,720
7,800

172,319
171,807
163,586

50,884
55,051
54,368

175,552
165,148
190,547

3.745
3.717
3.770

3.707
3.785
3.748

3.794
3.800
3.840

January
February
March.
April..

106,988

601
1,066
1,261
1,117
704
1,256
1,599

2,537
836
2,791

1,989

May..
June.
July..
i Except printing activity from United Typothetae of America and printing purchases and sales from American Writing Paper Company. Other data from the
Federal Trade Commission, except imports and exports from the U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce.
a
Prior to Sept. 1,1916, includes only paper valued at not above 2.5 cents per pound; from Sept. 1, 1916, to Apr. 24,1920, not above 5 cents per pound, and from
Apr. 24,1920, to date not above 8 cents per pound.
1
Reported by about 660 of the principal publishers.
* Printing activity based on productive hours reported by plants in 52 cities in 30 states, each department being weighted for the combined index number.
* 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 th« country.
As the paper industry was abnormal in 1919, index numbers based on that year are not regarded as true indices; therefore 1918 was taken as a base.
* Stocks on hand end of year.
T Covers first 21 days only, during which period the old tariff law was in effect; remaining 9 days included with October.
43622°—23




6

PAPER AND BOOKS.
Table 35.—INDEX NUMBERS.
Based on data from Government and non-Government sources,1
[Base year in bold-faced type; numerical data on opposite page.]
BOOK PUBLICATION.

PAPER.
Paper board.

Book.
YEAR AND MONTH.

Production.

ProStocks. duction.

Wrapping.

Production.

Stocks.

Total, all grades.

Fine.

ProStocks. duction.

Imican
Exports manu- ported
fac- books. <
(total
Stocks. print- tured
Ing).

Relative to 1919.

Relative to 1913.

1913 m o n t h l y average.

100

1914 m o n t h l y average.

94

100
116

1915 m o n t h l y average.

76

95

1916 m o n t h l y average.

90

66

76

89

53

93

2 78

290

285

103

274

1OO
79
117
114

100
120
94

1OO
48
101
112

70
78
90

123
126
114
94

36

77
80
86
89

100

1920 m o n t h l y average.

100
121

1921 m o n t h l y average.

79

115

1922 m o n t h l y average.

107

121

99
1OO
119
85
111

123

67

135

123

66

121

117 |

78

82

100 !

79

65

1918 m o n t h l y average.
1919 m o n t h l y average.

96

2 116

1917 m o n t h l y average.

75

105

120

107
1OO
113
71
105

2 100
284

78

85

36

100
118

100

100
50
20
22

80

33

76

39

71

55

74

56

59

24

2 94

100
79

76
114

101

113

112

1920.
September.
October
November.
December..

38

119
121

79

121

73

47

109

82

100

81

65

95

82

86

90

S3

79

94

82

104

94

67

101

79

114

105

67

107

85

124

107

55

109

82

123

109

61

112

74

122

125

40
38
68
60

98

43

61

31

60

59

53
42
21
17

76

100

78

45

59

77

S2

48

19
11
12
18

47

39

1921.
January...
February.
March
April

84

108
112
124
130

91

65

74 !

106

76

78 |

119

86

67 I

121

79

May
June
July
August..

69 ;
71
64 j

125

76

127

80

119

69

78

111

85

125
125
119
116

September.
October
November.
"December..

82

112

99

95

102

112

61

46

96

48

58

34

112

61

111

78

121

78

113

57

108

72

117

97

115

103

108

102

103

98

110

63

89

105

112

96

92

105 I

102

88

41

92

91

104

104

65

50

92

99

106

83

41

115
93

96

117

106

110

114

93

122

92

116

112

96

122

89

115

114

100

96

91

124

95

118

107

108

97

97

115

102

121

118

132

121

119

102

95

115

121

92

118

101

128

106

125

96

97

102

119

108

125

109

121

124

130

105

100

114

120

110

131

113

123

118

130

109

1C5

115

123

98

122

102

118

113

97

102

107

117

115

118

120

110

128

127
114

115

103

123

111

115

116

122

106

122

122

122

121

97

129

122

116

122

103

134

116

114

114

106

129

January...

128

123

129

106

143

February.

117

120

122

116

135

March

126

199

150

90

12
15

1922.
January..,
February.
March
April
May
June
July....
August.
September.
October
November.
December..

100
89
83
118

111

110

98

121

104

118

99

125

100

111

100

124

100

108

100

118

108

122

105

129

106

113

108

119

110

123

100

20
10
23
29
25
30
24
21
23
13
17
23

38
64

54

78

54

74

58

43

22

72

43
55
50

80

105

91

60

90
113

1923.

April

May..
June.
July..




See footnotes on opposite page.

13
15
20

39
43
42

83

PAPER AND BOOKS.
Table 36.—NUMERICAL DATA.
from Government and non-Government sources,^
[Base year in bold-faced type; index numbers on opposite page.]
BOOK P U B LICATION,

PAPER.
Book.
YEAR AND MONTH.

Production.

Stocks.

Paper board.
Production.

Stocks.

Wrapping.
Production.

Stocks.

Fine.
Production.

Stocks.

Total, all grades.
Production.

Stocks.

Exports
(total

printing).

American i Im*
manu-j ported4
fac- j books.
ture.s I

Short tons.
1913 monthly
1914 monthly
1915 monthly
1916 monthly
1917 m o n t h l y

average
average
average
average
average

!
\
\

814

! 74,357

2 36,845

150,382

! 2 42,411

2 28,431

160,582

2 46,196

31,643

162,503

54,380

23,719
36,234
38,221

192,787
138,744
179,676

42,908
63,365
62,186

21,124
20,826
24,563
25,005

218,743
196,604
133,818
105,227

January...
February.
March
April

64,382
28,880
56,687
33,587
59,832 | 37,721
51,380 ! 38,255

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

52,642
53,934
48,527
59,711

September.
October
November.
December..

62,416
72,139
73,544
70,798
I
' 73,466
69,408
I 77,889
70,507

1918 monthly
1919 monthly
1920 m o n t h l y
1921 monthly
1922 m o n t h l y

average
average
average
average
average

1920.
September....
October

November.
December..
1921.

1922.

May
June
July
August..

2

53,551 ! 24,030

2

38,249
42,222
48,968
53,104

70,917
73,100
65,920
54,308

19,570
20,700
25,586
35,800

105,806
123,832
139,723
128,186

58,479
60,723
67,394
70,780

44,620
46,352
49,879
51,713

122,801
130,177
112,265
138,530

67,979
68,097
64,720
63,276

35,586
32,343
37,060
38,757

160,207
181,775
172,582
149,047

38,463
39,334
38,367
37,367

12,198
15,580
7,828
3,121
3,367

695
648
621
581
604

75
67
81
113
116

477
796
498
491

49
88
64
122
205
92
159

34,207
34,526
31,208
27,233

28,400 I 643,018
28,968 ! 621,964
30,185
518,144
30,312
445,539

165,340
173,980
192,843
214,396

| 8,238
; 5,881
i 10,562
I 9,273

45,241
51,276
57,536
58,622

22,756
19,242
19,058
15,631

34,748
37,397.
39,355
40,083

420,468
407,966
440,777
422,012

248,941
273,228
297,337
293,765

8,185
6,551
3,341
2,587

622
631
481
669

53,084
50,332
45,090
56,167

59,503
61,139
61,710
62,811

17,485
17,511
16,327
18,833

41,143
40,808
39,885
37,903

3S3,995
403,657
370,429
442,519

291,089 j 2,894
288,787 j 1,678
279,544 | 1,902
274,009
2,756

383
495
780

58,962
57,169
59,780
63,018

59,095
64,518
65,905
64,850

56,313
52,378
50,205
48,848

20,555
24,635
24,609
25,843

35,994
33,957
33,3S9
34,000

477,926
542,408
535, 876
508,284

262,807
244,657
248,927
253,644

1,948
1,441
1,822
2,343

515
717
530
672

184
85
103
84

145,198
153,704
192,308
164,327

62,713
63,908
71,986
69,756

65,791
62,035
70,141
61,562

54,506
59,251
64,931
68,401

27,405
26,663
29,346
27,420

35,331 | 506,195
35,804 | 501,817
35,123 j 593,860
35,806
528,461

264,971
274,738
289,523
284,862

3,421
1,513
3,665
4,512

564
521
635
606

79
112
111
119

39,491
41,456
38,520
37,473

176,790
183,759
165,551
195,115

65,702
67,079
64,033
59,627

71,494
68,371
65,481
74,315

70,906
71,259
69,368
62,444

30,129
31,291
27, 767
33,081

30,985
589,971
38,674 | 593,335
37,621 | o52,914
37,889 i 635,107

285, 729
293,066
280,660
264,480

3,893
4,611
3,672
3,288

346
585
538
415

113
103

87,782
92,865
93,065

36,717
38,458
36,770
36,231

198,248
196,769
198,947
185,397

57,899
52,968
55,864
54,693

70,329
74,630
77,300
74,822

54,843
48,661
45,539
64,625

31,576
33, 774
31,666
30,932

36,213
36,496
36,880
36,742

623,088
644,267
641,544
607,241

249,516
239,833
238,101
258,000

3,624
2,048
2,586
3,572

650
742
732
918

217
124
123
151

97,318
89,265
96,087

38,882
38,043
31,480

209,473
198,031

57,434
62,901

82,703
77,813
86,776

48,123
48,421
43,213

34,946
32,377
35,144

38,822 ! 664,553
39,772 I 614,364
36,978 !

253,966
262,734

2,056
2,384
3,181

551
638

81
88
87

89,564
76,093

I 30,668
I 28,647
| 32,444
i 20,207
30,088

11,799

219^ gf.O

j

40,499
54,702
26,097
55,465
61,228

5 238.113

| 238,999
' 181,910
271,395
268,623

--[ 94,142
]
93,849

59,500
57,851
69,324
54,300

'-'32,500 ! 493,304
2

23S
195
136
110

504,294

82,574
^ 83,517
74,435
87,922

September..
October
November..
December...

60,626

206

763
616
733
728

515,863
611,218
446,360
584,817

| 70; 763
I 76,235
| 92,039
60,499
81,827

I

January
February
March
April

I

Number.

i
!
|
I

39,639
40,253
37,569
35,160

34,576
36,845
29,268
37,389
36,630

94
99
70

1923.

January...
February.
March
April
May...
June..
July...

i Data on production and stocks of paper at mills from Federal Trade Commission; exports from U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce (1913 monthly average-4,772 tons); book publication from ''The Publishers' Weekly/'
» Stocks at end of year.
• Between 10 and 15 per cent of the books manufactured in America are new editions, the remainder being new books; while about 95 per cent of the books manufactured in this country are by American authors.
* Books imported are books of foreign manufacture catalogued and marketed by American publishers.




84
PAPER BOXES.
Table 37.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA.
Based on data from non-Goverment sources.1
[ Base year in bold-faced type.]
CORRUGATED
BOARDS

SOLID FIBER
BOARDS

SOLID FIBER BOARDS

CORRUGATED BOARD.*

Production.

Production.

Production
i

Total.

Con- !
tainer
Club.

Rela- •
tive to
1922.

YEAR AND MONTH.

Nat'l
Ass'n
Box
Mfrs.

Relative to
1919.

Relative to 1922.

Con-

tainer
Club.

Total.

Nat'l
Ass'n
Box
Mfrs.

RelaRelative to tive to
1919.

1922.

Operating
time.

Per ci.
of normal.

Total.

Nat'l
Ass'n
Box
Mfrs.

Container
Club.

Thousands of square feet.

Operating
time.

Container
Club.

Total.

Per ct.
mal.

i of nor-

Nat'l
Ass'n
Box
Mfrs.

Thousands of square feet.

B—NUMERICAL DATA.

A—INDEX NUMBERS.

•

I

1917 mo average
1919 mo average
1920 mo average
1921 mo average
1922 mo. average

2

2 1OO

117

1920.
September
October
November

1OO

1OO

109

92
79

89

65
100

2

1OO
104

104

1OO

45
66

114

116

116

95
37

53

18

37

30

47

41

53

48
53

75

27
34
35

93

53

89

54

98

49

89

70

106

78
106

94

i

36

2

2 96

45,291

65

77,358

81

1

50,858
53,045

81

121,705
124,460
75,002
38,403

85
77

70

202,204

U06,834
111,168
68,949
124,846

77,299

88

55,278

22,021 ;

58,777

69

48,554

36

18 773

22

9,374

34

24,129

38

32,273
44,031
51,050
56,716

38
39
41
47

56,438
57 798
62,278
75,003

54
64
65
53

147,929
134,189

83,548
113,574
106,983
87,692

48
55
57
60

108,775
120,957
140,913
151,114

80,567
89,893
102,898
116,198

!

1921.

May
July
Au°ust
SeDtember
October
November
December
1922.
February
March
April
May
June
July
August

125

100
82

53

88

117

38

60

61

83

23

75
84
96

36
40
49

73
80
98

90
100
116

48
51
76

75

109

45

91

109

67"

80
83

113

53

69

87

40

64

162,128

116

78

64

55

65

149

90
133

167,356
201,302

127

120
132

95
114

55

100

57
94

134

156

72

131

142

147

126

122

161

150

137

201

130

121

73
66
54
60
70

.. ..

... .

September
October
November
December
1923.
January
February
March
April

!
!
j

44

27,171

53

38 281

60

47,391

60

45 071

67

49,720

71
81

45,078
53 911

81

47 361

89

1

63 719

40,946

84

67,831

59,510

8,321

46,497

58

47,196

42,146

5,050

28,208
31,064
38,015
34,916

64
69

56,341
61,736
75,503

45,847
50,606
58,833

10,494

70,284

55,625

14,659

120,972

41,156

74

52,963

44,154

8,809

123,501
128,604

43,855

78

60,367

72,698

87

69,833

48,328
57,749

12,039
12 084

256,679

141,097

115,582

96

102,578

68,172

34,406

78

264,905

151,156

113,749

88

97,222

61,841

35,381

175

79

302,589

146,881

155,708

89

100,195

61,621

38,574

78
76

11,130
16,670

143

141

179

116

105

165

80

289,129

150,799

138,330

84

89,781

53,404

36,377

129

136

149

117

112

153

75

260,594

145,582

115,012

84

90,784

57,159

33,625

146

144

183

123

129

135

76

294,743

153,402

95,396

65,729

29,667

137

184

115

103

164

75

288,180

52,542

36,151

215

107

112

117

83

327,932

75
78

88,693

151

146,006
161,661
166,644

141,341
142,174
166,271

88

143

56,979

25,698

162

156

111

86

82,677

56 287

May
June
July
1
2

Data from The Container Club and National Association of Corrugated and Fibre Box Manufacturers.
Average of last six months of year.
» Per cent of normal operating time and left-hand production column represent 17 and 16 identical firms, respectively, as reported by The Container Club, except
that, for the first three of the six months of 1919 reported, two companies are omitted which do not appreciably affect the total. The figures in the right-hand production
column are from 17 identical firms as reported by the National Association of Corrugated and Fibre Box Manufacturers. No index numbers have been calculated on the
per cent of operating time. The column showing the total represents the combined production of the reporting members of both associations.
* Per cent of normal operating time and left-hand production column reported Dy The Container Club from six or seven firms. The right-hand figures are from the
National Association of Corrugated and Fibre Box Manufacturers, comprising three firms, except November, 1921, when four firms reported, and December, 1921, when two
firms reported. No index numbers have been calculated on the per cent of operating time. The column showing the total represents the combined production of the
reporting members of both associations.
&
Stocks at end of year.




85
OTHER PAPER PRODUCTS.
Table 38.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA.
From Government and non-Government sources.
[Base year in bold-faced type.]
ROPE
PAPER
SACKS.*!

ABRASIVE
PAPER AND
CLOTHE

FOLDING
PAPER BOXES.'

Produc- New
Produc- New
tion.
orders.
tion.
orders.

Shipments.

Domes- Foreign
tic sales, sales.

Produc- New
orders.
tion.

Relative to 1921.

Relative
to
average.4

Relative to 1919.

FOLDING
PAPER BOXES.1

YEAR AND MONTH.

LABELS 1

A.—INDEX

LABELS.*

Produc-j New ;' Domestic
tion. j orders. ' sales.

B.—NUMERICAL

!.

100

100

1920 m o n t h l y average

|.

109

125

100

1921 m o n t h l y average

100

144

145

46

30

45

85

79

63

90

97
70

100

100

«100
110

45.9
65.9

47.9
69.4

39.0

Foreign
sales.

Reams.

Per cent of capacity.

NUMBERS.

1919 m o n t h l y average

ABRASIVE
PAPER AND
CLOTH.

44.2
82.7

DATA.

68,150
73,969
45,948
72,394

9,171
11,476
4,280
8,836

1921.
January...
February .
March
April
May....
June
July....
August..

'

4,387

85

67

47

106

96

26

39

48

21.0

14.5

17.7

11.4

26,436

64

48

34

39.0

37.8

24.5

28.5

32,764

3,138

85

101

61

37

41.4

46.4

33.3

44.5

41,404

3,393

77

52

70

65

44.2

33.6

30.2

23.2

47,538

5,958

88

1922 m o n t h l y average

87

102

43

40.7

42.1

33.9

45.2

46,544

3,963

110

103

114

71

35

39.2

52.8

40.0

50.5

48,671

3,192

187

88

September.
October
November..
December..
1922.
January...
February.
March
April

97

91

145

67

62

45

40.6

46.7

35.3

64.0

41,969

4,142

110

111

138

126

87

76

42

50.3

53.4

53.8

55.7

51,595

3,879

107

137

146

139

133

50

48.9

65.4

57.0

61.4

145

138

128

153

123

44

66.4

65.9

49.9

76.4

54,929
59,904
54,430
45,195

4,540
4,019
5,858
4,896

57,129
59,418
74,634
72,930

5,521

123

132

122

79

111

80

64

56.3

63.0

47.6

34.9

136

110

115

79

90

66

53

62.3

52.9

44.9

34.7

100

100

108

183

71

84

60

45.9

47.8

42.3

80.7

118

143

131

139

91

87

60

54.3

68.5

51.0

61.6

146

148

162

207

114

110

82

67.0

70.7

63.3

91.7

151

134

182

192

107

84

69.5

64.2

71.0

85.0

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

151

186

195

186

103

112

75

69.4

89.1

75.9

82.0

156

168

163

243

114

108

70

71.6

80.3

63.6

107.2

155

180

176

203

116

106

105

71.1

86.1

68.7

89.7

175

151

253

213

127

114

67

80.3

72.4

98. G

94.1

September.
October....
November..
December..

161

138

230

154

123

74.1

66.2

89. 6

|

68.0

133

183

201

123

104

63.9

63.6

71.5

i

89.0

154

116

207

136

126

117
120
112

135

139

175

70.5

117

143

190

111

139

53.5

145

121

223

91

136

121

146

208

105

129

113

130

154

126

80. 9

60.0

76,364
73,433
71,923
77,838
79,945
81,736
76,257
67,120

5,461
7,506
7,745
6,885
6,421
9,632
6,184
•12,338
9,560
16,007
12,766

1923.
January
February
March
April

66.3

58.0

98.7

55.5

70.1

92.0

92,815
87,804
104,902

8,956
10,352
11,593

May.
June.
July..
i Folding paper boxes and labels from the Association of Folding Box and Label Manufacturers; said to represent approximately C per cent for the folding box industry
O
and 75 per cent for the label industry.
3 Rope paper sacks from Rope Paper Sack Manufacturers' Association, said to represent approximately 95 per cent of the industry.
1
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 size.
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.
« Twelve months' average, July, 1921, to June, 1922. Numerical data not furnished by the association.
& Not available.




86
WOOD PULP.
Table 39.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA.
From Government sources, l
[ Base year in bold-faced type.]

CHEMICAL.

MECHANICAL.

Y E A R AND
MONTH.

ConPro- sump- Stocks Imend
tion at of
ducports.2
tion. a n d
ship- mo.
ments.
Rel. to
5-yr.av.

Relative to 1919.

MECHANICAL.
I

ConConCon- ! S f o r k s
Pro- sump- Stocks Im- Produc- sump- Stocks ImImend
duc- tion atof ports.5 tion. tion and at end of ports.2 Production.
of
ports.1
and
ship- month.
shiption. ship- mo.
mo,
ments.
ments.
ments.
Rel. to
5-yr.av.

Relative to 1919.

Short tons.
B.~NUMERICAL DATA.

A.—INDEX NUMBERS.
1909-1913 m o . av.
1913 m o . av
1914 m o . av
1915 m o . av
1916 mo. av

1OO
85
88
104

3 73

100
90
1OO
109
87
102

91
1OO
110
88
106

3 94
386
1OO
78
108

117
98
118

102
90
97

132

103

81
66
62
61

74
75
79

September..
October
November..
December..

1917 m o . av
1918 m o .
1919 m o .
1920 m o .
1921 m o .
1922 mo.

av
av
av
av
av

1921.
January
February...
March
April

110
88
132
141
93
102
117
97
107

CHEMICAL.

80
3 48

1OO
122
150
128
138

16,463
13,991
18,105
14,504
8 112,145 21,877

106, 824
125,678

117,804 3 145,567
109,817 3 131,170
120,600 154,251
132,308
120,079
106,214
166,889
127,802
136,664

25,521

855

31,130
38,091
32,861
35,100

157,797 3 44,799
159,375
23,257
158,930 3 33,671
158,008
15,4.56
16,855 161,247 1 6 0 , 3 7 5 5 3 , 7 2 5
188,156
185,536
19,375
33, 720
127,467
16,000
127,786
53, 411
166,438
17,693
165,198
52, 518

33,230
32,728
36,147
50,153
44, 457
85,556

129,325
160,572

3 83
3 63
1OO
63
99

130
128
141
220
174
335

120,817
131,525
105,668
123,495

77
74
75
70

100
113
113
106

139
61
69
81

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
112,860

53,853
60,609
60,489
56,984

35,478
15,682
17,622
20,848

64
75

67
77

112
111
102
99

80
109
164
173

97,963
80,337
75,405
73,666

89,182
90,357
95,386
103,153

226,089
216,069
196,088
166,601

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

91
79
80
87

255
221
279
459

66,965
82,511
108,186
121,804

95,894
100,777
112,229
114,087

137,672
119,406
115,363
123,080

2S, 958
26,397
35,504
28,498

126,514
151,699
163,601
151,031

131,174
158,050
162,840
147,380

48, 782
42,431
43,192
40,843

65,206
56,419
71,204
117,068

109,175
98, 742
143,596
147,608

106,957
98,315
129,931
127,286

125,298
125,725
139,390
159,712

20.920
9,138
12,425
11,797

157,746
144,568
170,995
149,859

153,774
142,399
167,112
153,542

50,815
52,984
56,867
53,184

95,525
66,443
48,376
65,140
51,658
78,932
90,638
83r562

1OO
117
79
102

99
1OO
116
79
104

120,589
108,617

95
101
118
141

13
16
35

78
74

42
49
93
100

73

85

147
140
127
108

55
68
90
101

79
84
93
95

89
77
75
80

176
160
216
173

101
94

82
99
102
92

1922.
January
February...
March
April

90
82
119
122

89
81
108
10b

81
82
90
104

127
56
75
72

98
90
106
93

96
89
104
96

106
99

374
260
190
255

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

138
123
103
91

119
115
108
116

119
125
122
102

71
97
104
82

102
102

105
101
97
107

92
99
96
98

202
309
355
327

167,197
148,328
124,691
109,870

144,042
138,459
129,847
139,935

182,867
192,736
187,580
157,515

11,626
15,951
17,181
13,545

164,497
164,931
154,617
172,750

168,095
161,181
156,313
171,898

49,586
53,336
51,640
52,442

85
85
99
89

110
112
112
100

82
62
52
43

*116

106
113
112
105

107
119
117
104

96
124
83
87

281
429
497
607

102,350
102,934
120,143
107,301

132,667
131,793
135,270
121,120

127,198
95,339
80,212
66,393

* 19,153
25.921
27,475
30,447

170,329
181,708
180,603
169,770

171,452
191,435
187,564
167,493

51,319
66,498
44,631
46,908

108

108

130,593
111,599
120,386

32,467

184,537
175,923

100

130,297
103, 534
124,175

66,097

103

94
95
96

456

92

114
109
118

113

86

180,804
175,724
187,298

50,641 | 116,426
50,840
51,670

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

September..
October
November..
December..
1923.
January
February...
March
April:

157
167
185

197

110
117

58,032
60,163

4

71,784
109,459
126,937
154,850

May..
June..
July..
1
Imports from V. S. Department of Commerce, Bureau of Foreign and Domestic Commerce; all other data from Federal Trade Commission, except production for 1914
and 11916 from U.S. Department of Agriculture, Forest Service.

Importfiguresconverted from long to short tons to agree with production and stocks.
* Stocks at end of year.
* Covers first 21 days only, during which period the old tariff law was in effect; remaining 9 days are included with October.




87
CONSTRUCTION COSTS AND GLASS.
Table 40.— (A) INDEX NUMBERS AND (B) NUMERICAL DATA.
From commercial and trade sources.1
[Base year in bold-faced type.]
BUILDING
MATERIAL
PRICE
INDEXES^

SPECTACLE
FRAMES
AND M O U N T -

ILLUMINATING
GLASSWARE/

INGS;

Sales
billed

Unfilled
(value). orders.

Y E X R JLND MONTH.

Rel. to 1 Relative to average, May,
1
1919. \\
1921-April, 1922.

Relative to 1913.

Rel. to
1913.

Rel. to
1919.

A.—INDEX NUMBERS.

100

ILLUMINATING
GLASSWARES

Net
orders.

Actual Shipproduc- ments
tion. billed.

Per cent of capacity.
B.—NUMERICAL DATA

1915 monthly average.

100
93
98

1916 monthly average.

137

149

1917 monthly average.

189

169

1918 monthly average.

203

1919 monthly average.

208

1920 monthly average.

239

1913 monthly average.

100

1914 monthly average..

100

182

186

100
110
121

219
298

100
104

179

1921 monthly average.
1922 monthly average.

100

202
177

139

100
127

8100

8100

8 100

218

45

36.7

8 36.2

8 35.7

77

126

122

119

271

46

46.3

44.0

42.6

91

170

339

May

176

211

90

60

101

June

172

210

117

54

83

97

July

167

204

90

48

49

42

August..

161

193

94

50

71

41

248

54

37.0

31.9

30.8

218

49

30.5

35.1

31.3

79

141

39

18.0

15.2

28.3

54

179

27

25.9

14.7

19.1

September.

160

188

114

50

93

62

73

218

35

34.0

22.6

2P>.2

October

157

183

109

70

134

101

114

243

41

49.3

36.6

40.7

November.

166

173

154

166

101

138

143

138

218

44

50.6

51.7

4b. 1

December..

173

179

153

169

118

99

141

128

220

43

36.2

51.2

4o. 6

January...
February.
March
April

174

179

169
162

109

116

41

40.0

42.0

3o. 0

174

152
152

91

169

100

99

121

117

233

45

36.4

43.9

41.*

169

173

152

165

202

117

128

111

259

42

42.9

46.3

39.*

168

172

152

165

150

107 j

120

115

257

44

39.2

43.4

41.1
41.1

1922.

May

173

176

157

167

179

123

125

115

259

37

45. 5

45. 3

June

178

181

169

170

187

132

108

114

277

29

48.3

39.2

40.*

July

181

184

171

173

118

101

76

93

210

31

37.1

27.4

33. 1

August..

189

193

174

185

154

112

79

93

252

30

41.1

28.7

33.1

September.

193

197

189

129

150

121

119

285

46

55.1

43.7

42.6

October....

196

199

189

127

160

150

139

342

68

58.7

54.2

49. 6

November.

196

201

193

122

169

160

153

378

73

61.9

57.8

54.6

December..

192

198

190
192
192
192

192

111

135

156

165

327

64

49.6

56.6

58.8

January...
February.

195
198

199
201
209

51.5
55.7
51.9

52.3
55.2
54.2

March
April

209

192

197

126

134

142

146

334

49.1

197

205

105

188

154

155

351

68.9

197

214

195

151

143

152

439

79

92

55.6

204

May.
June.
July.
1
Except building material price indexes, from t h e TJ. S. Department of Commerce, Bureau of Standards, Division of Building and Housing and Bureau of the Census,
which is based on prices paid for material b y contractors in some 60 cities of t h e United States. T h e prices are weighted by t h e relative importance of each commodity
in t h e construction of a six-room house.
3
1
This index number, furnished through t h e courtesy of t h e Aberthaw Construction Co., is designed to show t h e relative changes in the cost of constructing a standard
concrete factory building. T h e company believes that t h e year 1914 gives a normal base and that July, 1920, with an index number of 265, represented the peak of costs.,
» The construction cost inderx, computed b y t h e Engineering News Record, is based upon the costs of steel (structural shapes, Pittsburgh base), cement (f. o. b . Chicagoexclusive of bags), lumber (southern pine, New York base), a n d the rates paid common labor in t h e steel industry througn 1920, after which common labor rates are averages reported from about 20 cities by correspondents of t h e Engineering News Record. T h e prices are weighted on the basis of the total production of steel, cement, and
lumber, and t h e total supply of common Jabor.
' ^-1 • " " • " " •
•
.
. . . . . .
,.
..
..
tid
b , based on 1913 costi.
industry.
.^ _
j
„
,
the capacity of the industry, based on a norc
r
mal capacity of 6,000 turns.
7
Data from the Optical Manufacturers Association, representing about 60 per cent of the industry.
8
Twelve months' average, May, 1921-April, 1922.




88

BUILDING STATISTICS—CONTRACTS AWARDED.
Table 41.—INDEX NUMBERS.
Based on data from commercial and trade sources.1
[ Base year i n bold-faced t y p e ; numerical d a t a on opposite page.]
SOUTHERN
CONSTRUCTIONS

BUSINESS
BUILDINGS.

RESIDENTIAL
BUILDINGS.

INDUSTRIAL
BUILDINGS.

EDUCATIONAL
BUILDINGS.

HOSPITALS AND
INSTITUTIONS.

Value.

NumNumNumNumNumber of Square
ber of Square
ber of Square
ber of Square
ber of Square
projfeet. Value. projfeet. Value. projfeet. Value. proj- feet. Value. projfeeti Value.
ects.
ects.
ects. 2
ects.
ects.

Relative
to 1921.

Relative to 1919.

Y E A R AND MONTH.

1915 m o n t h l y
1916 m o n t h l y
1917 m o n t h l y
1918 m o n t h l y

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

1919 m o n t h l y
1920 m o n t h l y
1921 m o n t h l y
1922 m o n t h l y

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

3 42
3 63
371
3 118

100
168

100
81
77

100
74
5C

100
79
82
122

100

100

21
36
48
94

3 94
390
3 62
3 43

49
57
42
36

43

23

51

43

100
115
34
63

31
47
45

18
14
18
27

36
21
25
30

39
52
96
114

33
41
71
89

43
51
86
106

44
49
96
137

85
155
174

69
87
191
227

63
33
71
110

212
25
159
179

146
35
83
137

112
161
149
143

175
410
430
239

101
391
252
148

173
131
94

540
185
142
207

364
159
138
197

S3

100
60
103
152

100
57
85
128

100
67
103
159

100
102
137
166

100
114
177
238

100
144
204
254

100
100
110
122

100
142
242
267

100
121
179
221

1921.
29
52
92
123

46
50
80
81

35
35
48
55

61
50
67

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

82
90
116
82

82
87
73
87

61
61
66
75

87
75
98
104

43
38
35
39

28
28
21
18

48
43
32
25

117
119
92
118

93
90
69

117
106
85
114

173
214
223
216

244
195
228
233

246
235
287
281

September..
October
November..
December..

133
115
86
200

89
94
81
78

78
86
56
50

122
111
72
65

42
56
55
46

21
31
33
22

26
43
41

132
133
117
106

108
109
112
109

135
127
128
143

193
122

221
169
178
172

225
183
151

77
130
147
193

52
68
97
113

70
116
147
174

43

75
115
115

54

24
19
33
40

57

85
77
158
187

90
82
151
157

107
107
172
1S7

64
78
143
190

104
121
265
380

121
132
257
369

63
94
122
133

198
270
218
235

164
237
160
202

I 212
"0
j 1S9
| 206

116
111
97
97

107
111
95
84

170
152
130
113

54
53
45
53

47
34
54
88

56
47
75
158

193
186
159
171

157
156
121
118

199
193
154
143

219
303
301
270

322

273

331
444
409
322

169
141
176
151

320
234
379
465

258
172
338
287

136
95

81

98
74
70
62

48
62
68
49

36
57
50
33

62
65
68
45

150
165
166
128

114
128
143
124

143
157
173
170

143
127
81
67

190
175
114
122

213
175
131
143

127
131
104
55

194
295
276
116

163
262
305
105

77
83
113
122

64
76
107
103

92
92
130
134

42
46
71

35
40
60
47

51
64

109
107
186
216

122
112

158
143
232
231

63
93
143
150

112
208
214
305

140
222
226
360

65
76
96
112

130
188
318
183

87
152
ISO
154

January...
February.
March
April

.j

1922.
January..
February.
March
April
May
June
July
August
September..
October
November..
December..
1923.
January
February
March
April

156
172
226
130
|
; 125
j 131
; 241
I

94

32
48

25
57

87
5S

195
194

425
360

May..
June..
July..
See footnotes on opposite page also.
* Southern construction from Manufacturers9 Record. Other d a t a compiled b y t h e F. W.Dodge Co., covering small towns a n d r u r a l districts as well as large cities.
Prior t o May, 1921, these figures covered 25 northeastern states a n d t h e District of Columbia. T h e states are those n o r t h a n d east of, a n d including, N o r t h Dakota, South
Dakota, Iowa. Missouri, Tennessee, a n d Virginia, together with portions of eastern Kansas a n d Nebraska. Beginning May, 1921, N o r t h Carolina a n d South Carolina were
added to the list, but this addition is stated to have little effect upon the total.




89
BUILDING STATISTICS—CONTRACTS AWARDED.
Table 42.—NUMERICAL DATA.
From commercial and trade sources.1
[Base year in bold-faced type; index numbers on opposite page.]
SOUTHERN
CONSTRUCTION.2

BUSINESS
BUILDINGS.

Thousands
of
dollars.

N u m - Thou- Thouber of sands sands
of
proj- square
of
ects.
feet. dollars.

Y E A R AND
MONTH.

INDUSTRIAL
BUILDINGS.

RESIDENTIAL
BUILDINGS.

N u m - Thouber of sands
of
proj- square
ects.
feet.

Thousands
of
dollars.

N u m - Thouber of sands
of
proj- square
ects.
feet.

Thousands
of
dollars.

3 5,308
3 8,050
3 9,042
»15,075

$8,912
15,212
20,668
40,202

319,000
318,167
3 12,583
3 8,667

1,092 9,240 $33,806
895 6,870
26,638
844 5,437
27,662
7,936
1,053
41,358

636 12,772
511 10,652

42,744

3,999 20,157
11,460
2,414
17,047
4,118
25,866
6,083

70,767
47,177
73,154
112,285

HOSPITALS AND
INSTITUTIONS.

N u m - Thou- Thou- Num- Thou- Thouber of sands sands ber of sands sands
of
of
proj- square of
of
proj- square
ects.
feet. dollars. ects. feet. dollars.

$34,832
40,275
29,548
25,381

1915 mo. av.
1916 mo. av.
1917 mo. av.
1918 mo. av.
1919 mo. av
1920 mo. av
1921 mo. av.. $37,523
46,273
1922mo. av..

EDUCATIONAL
BUILDINGS.

274
323

2,981
5,463

49,080
14,444
27,084

166 1,915 $9,960
170
227
275

2,190
3,382
4,549

14,358
20,319
25,279

49
49
54
60

3 6 8 $3,266
523
3,962
891
5,845
7,219

1921.
January...
February..
March
April......

8,108
14,351
25,362
33,889

506
549
870
880

3,262
3,277
4,424
5,084

20,528
17,020
22,776
29,176

250
197
296
288

2,359
1,786
2,341
3,497

15,437
9,037
10,640
12,919

1,573
2,085
3,833
4,556

6,724
8,319
14,382
17,948

30,732
36,294
60,701
75,006

73
81
160
228

1,257
1,625
2,969
3,328

6,905
8,647
19,031
22,640

782
94
587
660

4,779
1,146
2,698
4,482

May
June
July
August

22,630
24,842
31,935
22.531

896
952
795
954

5,63.?
5,645
6,070
6,940

24,494
24,494
33,240
35,277

275
244
221
251

3,543
3,581
2,641
2,292

20,404
18,502
13,604
10,832

4,683
4,758
3,6S4
4,729

18,804
18,227
13,961
17.949

82,982
75,175
60,452
80,329

287
355
371
358

4,668
3,731
4,369
4,457

24,462
23,441
28,602
27,959

645
1,507
1,582
879

3,288
12,762
8,223
4,840

September.
October...
November.
December.

36,469
31.532
23,610
55,029

971
1,029
880
847

7,174
7,991
5,158
4,583

41,259
37,405
24,221
22,056

269
357
350
290

2,706
3,984
4,197
2,846

11,283
18,419
17,695
14,553

5,286
5,314
4,681
4,236

21,709
21,978
22,666
21,901

95,303
89,650
90,324
100,897

321
202
147
144

4,238
3,228
3,416
3,297

26,459
22,429
18,212
15,046

1,987
680
531
760

11,878
5,200
4,506
6,343

1922.
January...
February..
March
April

21,143
35,774
40,548
52,993

744 4,811
815 6,264
1,252 8,953
1,255 10,419

23,696
39,240
49,758
58,711

271
205
306
345

3,033
2,417
4,165
5,130

19,695
10,733
24,270
24,312

3,410
3,079
6,322
7,484

18,083
16,490
30,348
31,666

75,728
75,728
121,551
132,478

107
130
238
316

2,001
2,325
5,071
7,277

12,067
13,110
25,575
36,719

727
995
804
865

5,369
7,749
5,212
6,584

May
June
July
August

58,338
49,341
52,054
56, 828

1,270 9,841
,213 10,289
,059 8,780
,057 7,793

57,515
51,489
44,020
38,122

344
339
285
335

5,941
4,305
6,870
11,262

23,893
20,277
31,883
67,374

7,705
7,454
6,347
6,857

31,604
31,519
24,392
23,712

140,933
136,359
108,951
100,883

364
503
499
449

6,161
8,132
6,901
5,228

32,925
44,245
40,690
32,055

1,179
860
1,396
1,712

8,437
5,607
11,024
9,383

September..
October
November..
December..

42,977
47,342
62,116
35, 822

9,074
6,873
6,427
5,710

45,907
32,037
29,938
25,868

306
396
430
314

4,569
7,242
6,415
4,202

26,385
27,640
29,242
19,298

6,005.
6,599
6,623
5,111

23,059
25,814
28,759
24.950

101,428
110,776
122,469
120,139

237
211
135
112

3,644
3,343
2,180
2,330

21,214
17,437
13,058
14,251

714
1,085
1,016
427

5,331
8,541
9,977
3,417

1923.
January
February...
March
April

34,449
36,095
66,398

5,870
7,044
9,886
9,561

30,975
30,999
44,076
45,322

265
295
450
440

4,410
5,096
7,673
5,997

21,944
27,518
37,034
24,913

4,342
4,272
7,459
8,647

24,586
22,668
39,286
39,174

111,730
101,040
164,267
163,476

105
154
238
249

2,153 13,906
3,992 22,108
43092 | 22,550
5,849 I 35,822

480
692
1,172
672

2,855
4,949
5,869
5,015

,003
,066
,022

1,239
1,331

May..
June..
July..
See footnotes on opposite page also.
2
Covers all classes of building in the states of Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Maryland, Mississippi, Missouri, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Virginia, West Virginia.
3
Estimates made by the F. W. Dodge Co.




90

BUILDING STATISTICS—CONTRACTS AWARDED.
Table 43.—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.
YEAR AND MONTH.

Number of Square
proj- feet.
ects.

ij Num-

SOCIAL AND
RECREATIONAL
BUILDINGS.

RELIGIOUS AND
MEMORIAL
BUILDINGS.

GRAND TOTAL.'

F;RE I
| LOSSES.]
NumNumNumber of Square
ber of Square
i berof Square
Value. | proj- j feet, Value. proj- feet. Value. proj- feet. V a l u e .
ects.
ects.
ects.
Relative to 1919.

1913
1914
1915
1916
1917

monthly average.,
monthly average..
monthly average..
monthly average.,
monthly average.,

1918 monthly average.,
1919 monthly average.
1920 monthly average.
1921 monthly average.,
v
Yl2 monthly average.

33
28
36
53

65

100
96
91
83

100
137
147
164

100

January...
February.
March
April

57
49
68
100

May
June
July
August..

100

198

100
113
91
112

100

100

100

109

87

117

100
81
115

130

126

173

100
110
161

106

120

132

157

241

229

98

100

72

100
98
91

102

130

123
124
153

100
70
95
131

100

100

166

108

242

133

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
97
186

72
72
80
196

41
49
87
105

33
36
57
74

52
47
76
103

.58
115
127
99

109
130
134
113

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

74
64

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
96
88

165
151
105
84

275
209
111
115

249
183
104
108

119
118
100
90

89
87
81
76

115
103
89
92

114
125
117
129

77
38
83
96

100
53
219
145

84
63
170
123

49
52
120
144

45
51
124
180

77
58
114
121

72
62
108
113

91
57
118
134

85
120
171

102
142
179
246

108
156
156
265

74
70
135
157

65
64
111
125

77
83
137
164

172
131
178
138

89
70
109
106

279
281
263
157

224
216
1,237
233

183
193
187
194

153
138
189
119

135
145
134
141

188
255
113
202

291
200
146
179

211
221
218
218

440
360
323
301

383
340
323
284

166
164
144
152

128
130
111
116

160
163
150

133
108
164
96

77
94
89
62

115
87
155
113

118
102
156
171

177
141
86
70

120
99
66
59

125
99
78
51

147
85
69
26

172
94
61
35

176
168
134
91

233
262
223
84

232
231
191
84

133
139
132
103

95
100
101
83

126
118
114
100

185
179
137
212

116
64
159
153

139
71
133
128

57
72
128
193

62
72
102
146

68
86
105
133

64
107
130
137

81
125
133
167

64

55
74
87

89
143
201

86
107
197
286

92
154
180

139
138

101
107
155
166

163
191
184
146

1921.

September.
October
November.
December..
1922.
January...
February.
March
April
May
June....
July....
August..
September.
October
November..
December..
1923.
January...
February.
March
April
May.,
June.
July..




See footnotes on opposite page.

131
180

91

BUILDING STATISTICS—CONTRACTS AWARDED.
Table 44.—NUMERICAL DATA.
From commercial and trade sources,1
[Base year in bold-faced type; index numbers on opposite page.]
PUBLIC WORKS
AND PUBLIC
UTILITIES.

PUBLIC
BUILDINGS.
YEAR AND MONTH.

\

n

m

i Tyloll

INUin-i itlOll-

1913 monthly
1914 monthly
1915 monthly
1910 monthly
1917 monthly

av
av
av
av. . . . .
av

Number
of
projects.

Thousands
of
dollars.

GRAND TOTAL.'

Num- Thou- Thou- Num- Thou- Thou- Num- Thouber sands sands
ber ! sands
ber sands sands
of
of
of
of
of !
of
j oj square of
dollars. proj- s q u a r e dollars. proj- | square
feet.
ects.
feet.
feet.
ects. i
• ects.

av. . .
av. . .
av...
av. ..
av. . .

1918 monthly
1919 monthly
1920 monthly
1921 monthly
1922 monthlv

Thnn-

RELIGIOUS AND
MEMORIAL
BUILDINGS.

SOCIAL AND
RECREATIONAL
BUILDINGS.

, FIRE
LOSSES.

Thou- I

Thousands
of
dollars.

sands i
of
|
dollars.

571,475
60,020
78,341
113,082
134,086

654

47
45

172
236

43

252

39 ,

282

January
February
March..
April

27
23
32
47

113 1,079
324
2,482
202 | 2,271
404 j 2,781

May
June
July
August

51
61
63
53

273

1,846

977

152

1,402

1,130

238

1,793

150

1,490

45

501

2,620

45

212

35
30

36
! 18
! 39
45

$1,119
2,218
1,859
2,703

841,834 l| 111 j 1,265

S6,964 j; 91 j 444

S3,127

6,862

46,683

422

3,446

4,821

33,491

140, 770
214,' 990

833, 4 1 6
27 ,571

7, 594

79

9 050
9, 164

115

767

5,033

6,520

• 32,267

211, 102
196, ,648

143

1,071

7,172

8,971

j

47,745

279,410

4, 274 ;

56

367

2,834

15,513

111,608

35,320

;

48

368 | 2,253

3,361

16,807

100,677

25,889

67

430 \ 2,487

5,981

26,709

164,092

28,581

827

6,138

7,176

34,494

220,886

22,179

135

715

35,751

242,094

23,957

1,161

7,919

35,738

227,711

29,001

10,136

174

1,276

6,440

31,717

212,491

33,356

; 8,502

162

907

4,497
7,075
9,356
6,204

7,530

155

7,684

35,246

220,721

25,829

| 11,693

150

1,222

8,144

41,702

246,186

25,502

1,383

I 6,632

137

928

8,096

40,436

222,480

27,955

113

1,222

6,713

96

491

6,891

37,818

192,311

26,179

87

1,002

6,149

76

510

6,181

35,272

198,518

28.908

914

6,356

62

455

21,193

64

787

3,941

77

629

788

51,997

127

1,362

8,228

109

795

940

75,251

134

1,432

156

1,092

534

47,195

704

38,265

130

1, 030
1, 456

46,847

118

1; 518

237

24,186

69

204

18,547

91

495
979

558

33,958

124

1, 368

48,043

173

2,723 i 19,533

129

64,999

164

1,451

J 9,975

52 967

166

1,710

i 10,202

895

46,902

151

1,529

949

44,797

152

1,624

861

35,414

135

1,990

1,523

808

35,141

132

119

884

538

26,397

332

2,143

423

27,833

172

942

318

18,735

92

705

338

377

1,902

249

1,380

109

27 ,721
Ij

34 ,241

1931.

September.
October
November..
December..
1922.
j January
I February
i March.
April.
May
June
July
August...
September.
October
November.
December..
1923.
January
February
March
April

812

!

5, 328
9 461

j

9,317

|

2,261

7,778
5,735
3,246
3,369
3,367
4,882
4,880
8,288 jj

42

480

2,506

1,197

'63,817

I 160

192

484

2,422

1,259

57,940

j

13,961

201

51

452

13,837

1,220

10,181

198

1,952
11,966
1,598
10,618
1,433 ! 10,085

50

270

2,603

1,272

2,381
3,223
79,162 I 149 1,435
;
49,825 j 157 2,555

20,260

33

12,446

198

1,337

36

1,325
1,144
1,750
1,915

50,379

919

41,477

29

198
149
266
194

1,155

31

200

1,557

373

25,929

75

26

110

794

471

30,185

95

35

274

1,486

839

j 42,5.S6

41

264

1,431

1,260

60,926

44
42

560

27,516

461

24,875

161

139
110

1,855-

12,005

1,077

6,565

87
57

870

4,279

326

2 429

116

814 I 5,622
1,354 ! 8,693
1,643
9,272

148

1,736

j 11,609

i 8,889

160
1,035
153
1,162
122 |
992
83 |
375

7,259
7,224
5,979
2,624

5,073

30,261

166,320

38,663

4,782

30,061

177,473

29,304

9,250

51,957

293,637

39,911

10,746

58,146

353,162

31,010

11,358

59,639

362,590

29,809

11,249

60,526

343,440

24,103

9,902

51,705

i 350,081

36,668

| 10,457

54,019

I 322,007

21,580

9,108

44,275

| 271,493

41,515

9,568

46,806

| 253,137

ij 40,065

9,079
7,080

46,946 j 244,366 | 30,776
38,603 I 215,213 j 47,426

58

395

2,696

6,126

38,947

| 217,333

73

633

3,345

6,338

41,611

i 229,938

42,771

119

S92

64,920

333,518

41,160

164

1,270

6,170 1.0,546
8,931
12,336

64,527

357,475

32,638

i

36,615

I

May..
June.
July..
* Data compiled by the F. W. Dodge Co., covering small towns and rural districts as well as large cities in 27 northeastern states, 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. Thestates 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 w ere 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. 89j.




92
HARDWOOD LUMBER AND FURNITURE.
Table 45.—INDEX

NUMBERS.

Based on data from commercial and trade sources.1
[Base year in bold-faced type; numerical data on opposite page.1
NORTHERN
HARDWOODS.

MICHIGAN
HARDWOODS;

Logs.

Lumber.
YEAR AND MONTH.

Production.

Stocks,
Ship- end of
ments. month.

Production.

Shipments.

PurShipchases. ments.

1913 monthly
1914 monthly
1915 monthly
1916 monthly
1917 monthly

average.
average.
average.
average.
average.

100

1OO

2 100

1918 monthly
1919 monthly
1920 monthly
1921 monthly
1922 monthly

average.
average.
average.
average.
average.

78
76
67
46
4S

69
75
50
30
40

2 90
2
75

January...
February.
March
April

54
60
71
76

May....
June
July....
August.
September.
October
November.
December..

100 j
110 I
87
89
110

Stocks
on
hand.

Made
into
Purchases. lumber
and
veneer.

Stocks
on
hand.

Relative to 1922.

I Relative to 1913.

Relative to 1917.

FURNITURE.

WALNUT.

| Ship- Unfilled
ments. orders.

Relative to 1920.

I
:
1 0 0 |.
78
87
103
119

74
56

103
116
121
98
94

110
131
108
75

22
16
28
21

65
71
73
77

102
133
170
175

60
56
37
34

21
27
26
26

71
81
81
80

25
21
21
31

31
48
55

January..
February.
March
April

54
46
41

May....
June....
July....
August.
September.
October
November.
December..

100

100

60

23

29
36
43
61

37
54
59

12
14
18
18

162
140
111
63

65
61
77
,85

60
53
50
68

20
17
25
28

79
74
C9
67

29
25
18
52

96
118
128
100

72
78
82
74

31
32
32
23

35
28
29
34

66
58
55
57

111
94
137
104

102
75
125
107

73
109
123
125

52
51
44
45

38
33
40
51

58
59
57
54

109
90
75
80

110
160
162
170

120
108
95
93

107
117
96

47
45
44
52

42
46
43

55
51
49
49

72
74
81
107

154
143
164
145

63
89
102
100

65
56
52

55
43
54

148
155

149
314

124
112

3 55

100

100

100

100

100

100

1921.

1922.
61
103
106
108

76
134
111
87

30
96
122
101

67
127
127
140

57
60
75
58

26
26
24
18

114
113
111
109

110
112
72
91

127
112
100
105

136
102
99
85

67
65
63

21
29
35
42

80
122
138
107

105

70
102
108
127

79
106
113
110

78
76
73
90

82
94
101

46
56
58
41

128
125

84
82

168
160

150
119

94
116

85
83
105

54
51
53

77
93
95

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




47
46

93

HARDWOOD LUMBER AND FURNITURE.
Table 46.—NUMERICAL DATA.
From commercial and trade sources.1
[Base year in bold-faced type; index numbers on opposite page.]
MICHIGAN
HARDWOODS.1

NORTHERN
HARDWOODS."

WALNUTS
Logs.

Lumber.
Production.

YEAR AND MONTH.

Stocks, :

Production.

Ship- ;
merits. '•.

Stocky j
PurPur- Shipon
ments. hand. Ij 1
i chases.

I

;

!

:

| Made I
into Stocks
on
I and
hand.
I veneer.

Thousands of feet,
log measure.

T h o u s a n d s of feet, board measure.

1!) 13 m o n t h l y average

FURNITURES

Ship- Unfilled
ments. orders.

Value, average
per firm.

! i 28,318 j 25,390 [
31,034 j 19,911 I

1914 m o n t h l y average
1915 m o n t h l y average

24,755 |

22,007 |

1910 m o n t h l y average

25,2% I

20,041 |

1917 m o n t h l y average

27,763

31,396 j 2 223,961

31,001 \

30,105 [

1918 m o n t h l y average

21,573

21,570 | ^201,053 j

29,211 !

27,813

1919 m o n t h l y average

21,119

23,427 | a 109,080 j

32,732 '

33,328

1920 m o n t h l y average

18,099

15,504 j s 122,408 |

34,20o

27,509 !

1921 m o n t h l y average

] 2,052

9, 350 j 105, 984 !

27 ; 838

19,007 '

1922 m o n t h l y average

13,191

124,072 I

20,500

34,204

12,471

$40,266 $128,088
23,949
8,812
1,807

1,927 I 10,214 I

1,460

1,327

2,087

I

1921.
15,119

145,801

28,779

5,108

159,101

37,551

9,253 |j

|

19,837

8,897

102,504

48,279

10,937 !!

21,224

0,593

172,757

49,456

15,801 ij

10,780

0,740

157,938

45,973

10, (Y.'A

24,187

25,391

15,551

8,450

182, 474

39,023

15,445 j

21,505

22,108

1Q, 100

8,092

182,283

31,519

9,382

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

7,003

10,000

January.February
March
April

8,013

179,029

17,809

11,151

|

15,935

14,800

18,302

I

21,791

22,833

!

23,819

22,9(35

19,007 |
:

20,103

31, 301

21,075

27,228

35,700

8,180

24,377

28,813

39,899

5,750

15,078

100,309

0,985

41,384

17,195

154,948

5,189

32,812

40,810

8,580

11,330

150,747

14.709

29,853 j
32,432 I
25,282 I

31,309

5,959

Heptember...
October
November...
December

29,874

29,057

14,896

10,881

148,631

31,399

25,841 I
;

1,325

12,787

8,047

129,070

23,600

19,059 |,

1,902

1,489 I 0,278 j
1,784
10,496 j

11,478

9,173

123,330

38,698

31,075

2,217

1,840

13,402

10,790

127,966

29,404

27,228

2,260

14,479

11,800

130,444

30,932

27,971

14,274

10,235

131,136

25,576

40,623

0,815 |

9,708 i 177,070

1922.
January...
February.
March
April
May....
June
July....
August.
September.
October....
November.
December..
January...
February.
March
April

1,113
1,951

392

1,398

23,084

33,860

1,270

2,643

24,118

32,828

10,824

1,619

1,615

2,643

30,180

30,586

1,707

11,067

1,269

1,343

2,923

23,234

22,662

2,176

1,535

11,633

2,053

11,504

1,682
1,487 I
1,324 I
1,399

2,846
2,125
2,072
1,773

20,900

1,960

33,301

26,944
37,172
45,394
53,835

12,109

12,444

128,515

21,376

41,228

1,719

2,251

11,314

12,575

10,073

121,257

22,522

43,103

1,675

1,852

11,083

1,003
1,031
1,050
1,333

13,057

13,100

122,956

20, 412

39,080

1,137

1,535

10,713

1,027

1,045

1,636

32,977

58,286

12,417

14,599

113,394

20,874

36,202

1,603

2,345 j 10,054

1,486

1,405

1,591

37,639

71,789

12,322

13,525

109, 786

22,879

41,653

1,843

2,661 !

9,036

1,583

1,500

1,528

40,474

74,007

14,439

18,383

109,035

30,272

36,722

1,807

2,06S j

8,508

1,851

1,458

1,871

34,820

52,697

18,129

17,200

107,124

42,003

37,771

2,245

2,472

8,529

2,454

1,986

1,957

34,282

68,575

15,552

13,000

106,114

43,938

28,823

2,028

2,410 I

8,351

2,337

1,582

2,412

33,524

64,802

14,365

16,961

102,477

42,346

68.030

25,970
25,290

May.,
June.
July..
1
Data on Michigan hardwoods (chiefly maple, birch, basswood, and beech) are actual figures reported by about 40 mills each month to the Michigan Hardwood Manufacturers' Association. The number of mills varies from 35 to 62, but 44 is the highest number reporting since the beginning of 1920.
2
Quarterly average.
8
Ten months' average.
4
Compiled by the Northern Hemlock and Hardwood Manufacturers' Association representing chiefly Wisconsin and upper Michigan mills. These figures represent
actual reports from 60 to 75 milLs each month. The hardwoods cut are mostly maple, birch, and beech.
5
Compiled by A merican Walnut Manufacturers' Association from reports of identical firms representing from 50 to 00 per cent of the walnut lumber industry.
• Combined figures representing average shipments and unfilled orders per firm from reports of 50 identical firms of the National Association of Chair Manufacturers,
from 42 to 58 firms of the Southern Furniture Manufacturers Association, and from about 100 firms of the National A lliance of Case Goods Associations.




94

PINE LUMBER.
Table 47.—INDEX NUMBERS.
From Government and non-Government sources*
[Base year in bold-faced type; numerical data on opposite page.]

YELLOW PINE.i

YEAR AND MONTH.

Pricey
"B"
Pro- Stocks, and
duc- end of better,
tion. month. Hattiesburg.
Relative to 1917.

1917 monthly
1918 monthly
1919 monthly
1920 monthly
1921 monthly
1922 monthly

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

100
87
90
85
89
103

11)21.
January
February
March
April

79
91
87

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

92
87
87
94

Rel. to
1913.

Production.

Relative to 1917.

197

1OO
89
99
100
70
117

160
148
139
133

23
20
58
68

39
44
57
67

138
141
140
141

100
110
99
95

67

155
184
206
189

114

68
87
88
86

239

95
94
94
91

147
234
156

CALIFORNIA
WHITE PINE.3

Rel. to
1920.

NORTH
CAROLINA

NORTHERN PINEJ
Lumber.

Production.

1OO
104
104
123
68
110

100
81

92

WESTERN PINE.2

Ship- Stocks,
end of
ments. month.

Production.

Shipments.

PINE.*

Lath.
Production.

Shipments.

Relative to 1919.

Relative to 1920.

Relative to 1918.

100
117
113
91
144

100

92
111
74
126

122
120
117
113

7
10
11
17

24
59
61
72

82

115
122
125
127

102
143
131
132

78
75
58
34

83
96
87
75

125
123
120
119

32
38
61
99

75
81
106
120

ProShip- !
duc- ments.!
tion.

100

85
111

1OO
55
96

1OO
90
131

1OO
155
175

153

100
93
90
163

135
140
138
128

60
59
66
72

24
32
36
48

55
56
65
69

42
78
146
213

33
63
71
84

49
60
62
68

95
97
84
113

122
143
139
151

104
127
126
134

49
55
50
62

97
124
125
134

175
205
181
261

79
86
91
92

73
93
102
89

112
111
67
50

115
150
116
109

122
160
136
150

109
84
30

80
94
83
51

175
93
38
55

200
173
120
72

95
115
124
126

96
132
134
126

110
103
93
91

39
18
14
36

76
75
95
103

143
142
118
108

56
46
86
129

57
51
68
97

63
54
94
140

93
74
143
138

124
149
153
158

100
128
156
156

1OO
121

108
100
139
144

100

100

September..
October
November..
December..

93
95
100
92

86

1922.
January
February
March
April

94
88
101
94

85

85

182
189
178
180

May
June
July....
August.

113
118
105
113

81
80
80
81

184
198
196
200

146
150
130
161

147
158
141
147

86
90
90

116
177
170
250

119
167
127
214

84
130
145
161

169
163
154
163

117
116
114
130

189
212
207
197

157
171
214
345

155
158
162
160

180
163
166
186

September..
October
November..
December..

105
104
105
95

93
93

215
216
214
216

149
158
134
64

127
102
96
99

97
104
113
101

215
233
161
87

204
185
184
174

141
187
184
180

131
113
66
48

112
107
105

160
135
78
45

345
160
159

161
168
161
134

190
204
185
144

1923.
January
February
March
April

109
94
114

84
82
81

220
221
230
232

59
54
113

117
106
130

94
87
82

53
43
75

166
139
176

163
139
126

99
86
105

94
101
111
124

135
171
271
225

120
120
180

134
152
212

79
82

84
96
124

May..
June..
July..
See footnotes on opposite page also.
1 The ngures 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 production 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 Manufacturers' 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.
a 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.
* Northern pine from the Northern Pine Manufacturers' Association, and includes reports from some 24 mills, both member and nonmember, located chiefly in
Minnesota.




95
PINE LUMBER.
Table 48.—NUMERICAL

DATA.

From Government and non-Government sources.
[Base year in bold-faced type; index numbers on opposite page.]
YELLOW PINE.i

Stocks,
end of
month.

Pricey
"B"
and
better,
Hattiesburg.

Thousands of feet,
board measure.

Per
M feet.

Production.

YEAR AND
MONTH.

WESTERN PINE.2

423,529 1,371,652
1917 mo. av
368,309 1,116,259
1918 mo. av
937,748
380,533
1919mo.av
1,187,587
1920mo. a v . . . . 358,031
1921 mo. a v . . . . 375,438 1,211,174
1,177,627
436,467
1922 mo. av

$31.54
33.76
55.00
74.53
35.98
45.46

CALIFORNIA
WHITE PINE.s

Lumber.
Production.

Ship- Stocks,
end of
ments. month.

Production.

Shipments. Stocks.

Production.

Shipments.

Thousands of feet,
board measure.

Thousands of feet, board measure.

NORTH CAROLINA

NORTHERN PINE.4

109,357 110,423
113,424 j 97,784 I
52,561 31,900 265,113
113,794 109,032 |
48,263 37,284 287,645
134,467 110,697 :881,924
58,368 36,036 267,276 40,273 50,139
74,437
76,810 1,063,658
34,204 27,768
39,110 29,114 370,303
119,956 128,669 866,388
44, 512 48,357
66,387 45,784 382,216

Lath.
Production.

Shipments.

Thousands.

9,581
8,669
12,574

6,357
9,882
11,097

Production.

Shipments.

Thousands of feet,
board measure.

34,230
33, 514
30,164
52,543

32,179
29,791
29,052
52, 496
I

I

1921.
January
February......
March
April

998,258

3,659
5,482
5,576
8,971

22,922

342,177

29,180

24,040

5,250
5,336
6,217
6,643

13,521

28,693

21,805

73,942 1,015,276

53,423

30,273 I

325,209

42,068

24,790

9,265

11,135

26,999

23,604

75,868 1,072,349

75,357

31,097

382,202

51,035

27,553

11,870

13,051

29,316

29,995

76,120 1,103,480

68,597

26,914 i 371,804

50,558

24,890

11,949

11,504

3C,989

32, 879

90,397 1,120,913

69,240

36,150 I

403,083

54,047 I 31,209

12,854

16,589

31,360

28,553

91,996 1,101,300

58,940

36,543

324,761

43,767

39,920

16,795

12,708

32,396

30,758

105,780 1,085,943

58,348

47,808

427,720

33,881

47,327

8,878

10,995

39,347

42, 406

96,496 1,056,576

35,445

37,018

363,698

12,275

41,799

3,659

7,635

42,497

42, 980

82,505 1,052,423

26,278

34.827

401,677

19,205

25,458

5,311

4,582

43,190

40,530

35,385

82, 874

966,705

20,318

24,287

381,316

22,530

28,444

6,052

42,490

32,270

41,793

89,272

907,712

9,327

23,893

378,640

18,612

25,565

5,160

50,890

41,090

66,509

116,551

823,200

7,290

30,327

314,258

34,783

34, 295

9,018

52,290

50,050

108,186

132,001

805, 870

19,149

32,730

287,452

52,096

48,416

13,430

54,180

50,330

384,300

1,302,849
1,284,291
1,287,447 .

31.92

63,126

63,126 1,027,624

366,631

1,248,058 J 30.71

74,324

74,453

291,843
334,054

36.89

24,698

42,793 1,073,594

33.99

22,274

48,603 1,056,161

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

3S7,736 1,223,441
367,357 I 1,225,461
370,310 I 1,256,643
396,062 j 1,225,839

31.78

32.52

109,266
119,831
108,354
103,948

September
October
November
December.

391,948 | 1,183,042
401,484 | 1,083,311
423,702 I 1,087,727
389,832 1,125,979

35.79

84,984

42.57
47.41
43.57

82.144
63,155
37.145

1922.
January
February
March
April.

[
I 396,120
j 373,626
428,103
397,553
!

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

477,898
499,247
446,468
479,138

September
October
November
December

445, 258
441,986
443,389
400,815

1923.
January
February
March
April

462,571
400,113
480,966

1,172,652
1,200, 704
1,208,089
1,159,422
1,111,878
1,095,580
1,091,060
1,117,534
1,207,900
1, 273, 446
1,274,418
1,218,843

1,146,677
1,118,834
1.107,612

32.39
32.27

41.96
43.53
40.96
41.35
42.48
45.63
45.22
46.12
49.45
49.86
49.27
49.69
50.78
50.80
52.95
53.53

7,554

361,100

24,319

12,087

18,665

372,835

23,722

16,117

19,600

367,371

26,396

18,028

2,664

11,221

4,947

21,539

19,215

9,255

24,423

20,020

4,717
9,061
8,748

15,883

160,087

162,776

778,475

60,951

37,878

223,196

68,252

58,428

18,115

9,986

52,990

57,890

163,816

173,981

758,551

93,099

53,327

347,278

65,662

58,398

20,287

10, 896

54,250

52,360

141,898

155,837

794,040

89,366

40,405

386,171

62,065

57,409 I 19, 880

13,574

55,370

53,480

175,630

161,840

796,220

131,500

68,128

430,529

65,741

64,980

18,877

21,936

54,6C0

59,930

162, 479

140,278

856,094

112,959

65,051

376,117

52, 803

56,363

15,324

21,948

55,230

61,180

173,178

112,163

919,186

122,692

59,088

494,537

45,688

53, 526

12,909

10,183

57, 400

65,660

149,253

106,071

993,484

84,497

58.828

489,042

26,693

52,741

7,503

10,085

55,090

59,500

70,050

109,622

894,211

45,501

55,471

478,054

19,219

41,717

4,329

6,121

45,731

46,214

64,093

128,711

830,534

28,097

53,102

432,247

34,736

49,728

9,025

8,759

40,950

43,120

59,148

116,557

766,391

22,699

44,282

367,597

33,702

42,883

9,671

10,845

41,090

48,930

123,152

143,090

725,954

39,463

56,156

333,169

61,460

68,110

38,714

52,720

10,607

17,241

49,748

43,039

11,896

14,342

May..
June..
July..
See footnotes on opposite page also.
5
rom repo
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 56.
The computed figures given are obtained by first determining for a given month the per cent whii the actual production is of the normal production of the identical mills
ich
reporting. This per cent is then applied to an arbitrary figure of 70,000,000 board feet, which represents the approximate monthly average normal production of the mills
which reported in 1919. A similar per cent of actual shipments to normal production is applied to the same figure to obtain the computed shipment figures. The resulting
figures represent a computed production as of identical mills for each month. The figures are 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.
« Data from U. S. Department of Labor. Bureau of Labor Statistics, and represent average weekly prices for the month. The 1913 monthly average on which the index
numbers are based, is $23.04 per thousand feet.




96
LUMBER—MISCELLANEOUS SPECIES.
Table 49.—INDEX NUMBERS.
From Government and non-Government sources.
[Base year in bold-faced type; numerical data on opposite page.]
DOUGLAS FIR.i

Shipments.

Price,2
No. 1,
common.

Relative to 1917.

YEAR AND MONTH.

Rel. to
1913.

Production.

1909-1913 mo. av.
1913 mo. av
1914 mo. av
1915 mo. av
1916 mo. av
1917 mo. av
1918mo. av.
1919 mo. av.
1920mo. av.
1921 mo. av.
1922mo. av.
1921.
May....
June
July....
August..

MICHIGAN
SOFTWOODS.*
Produetion.

NORTHERN
HEMLOCK.*

! Stocks,
end of
|month.

R e l a t i v e t o 1917.

Production.

Shipments.

R e l a t i v e t o 1913.

100

CALIFORNIA
REDWOOD.*
Production.

TOTAL
LUMBER.

Ship- Orders
rements. ceived.

Exports:
Produc- Boards, Hardtion^ planks. wood.
etc.7

Softwood.

Rel. to

Rel. to
1920.

Rel. to

Relative to 1918.

1913.

100

172

100
95

100
96
95

Rel. to
5-yr. av.

84
53

84
1OO

100

98

103

51

94

91

97

48

107

112

198

67

74

2 69

89

104

1OO

1OO

100

85

48

107

110

276

65

72

2 50

80

102

97

115

139

94

71

109

104

325

53

37

3 52

72

53

118

124

106

94

72

85

92

129

39

40

70

45

51

106

100

103

80

56

126

126

166

45

46

49

62

72

131

154

166

103

72

92

111

125

55

37

76

52

50

122

81

99

45

91

97

125

46

50

75

60

59

108

76

79

60

78

83

125

27

34

71

60

44

86

77

48

82

94

113

114

37

41

74

59

57

129

118

116

87

59

97

98

114

31

62 j

71

42

66

113

104

122

83

56

107

113

114

26

74

63

31

91

113

117

155

86

69

105

97

125

48

64

60

31

77

135

171

198

87

62

99

93

125

31

41

61

26

47

105

117

105

100

102

125

26

32

56

55

116

107

136

18

34

51

35

115

114

124

24

34

48

121

136

125

51

46

47

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

133

151

147

57

54

46

140

160

147

72

48

47

136

138

158

51

43

58

77

85

122

122

128

109

65

136

133

179

63

50

43

69

81

168

190

215

118

69

September.
October
November.
December..

137

129

212

63

53

50

67

138

114

212

49

48

51

63

136

110

212

25

49

47

104

123

212

35

57

43

September.
October....
November.
December..
1922.
January
February
March
April

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

1921.

100
121

2 100

113
1OO

89

82

1OO

COMPOSITE
PRICES.**

85

100

119

139

85

33

87

131

135

84

71

54

58

130

156

169

95

90

66

60

126

126

148

96

74

72

169

183

219

114

76

90

133

162

148

120

85

136

165

144

112

60

77

140

125

168

112

62

48

77

176

182

204

107

65

53

56

84

188

179

122

156

212

42

37

44

71

59

150

235

116

149

212

32

33

46

59

52

117

185

208

148

182

236

35

40

50

75

78

160

216

233

128

185

151

236

60

65

9 102
9

92

73
74
72

100.0
196.4

I

100.0
55.7
61.6

94.9
91.6
85.4

53.6
52.8
51.9
50.1

82.1
81.5
84.1
92.9

49.7
53.3
55.8
55.3

92.6
92.2
93.1
90.6

55.2
56.2
55.6
55.6

90.5
93.6
97.7
98.0

58.2
62.0
61.6
62.6

97.5
101.0
101.8
108.4

67.7
67.1
67.8
69.1

109.0
115.4
116.2
120.2

69.3
70.8
72.8
74.5

119.3

73.8

See footnotes on opposite page also.
The figures of production and shipments of Douglas fir were obtained by applying the percentage figures of actual production and shipments to normal production
of reporting mills as supplied by the West Coast Lumbermen's A ssociation to the actual production of 124 mills for May, 1920. The production in that month was
447,654,540 board feet.
'* Data from U. S. Department of Labor, Bureau of Labor Statistics, and represent average weekly prices for the month for the State of Washington. 7
3
Data on Michigan softwoods (chiefly hemlock) are actual figures reported by about 40 mills each month to the Michigan Hardwood Manufacturers Association. The
number of mills varies from 35 to 62, but 44 is the highest number reporting since the beginning of 1920.
4
Compiled by the Northern Hemlock and Hardwood Manufacturers' A ssociation, representing chiefly Wisconsin and upper Michigan mills, from actual reports of from
60 to 75 mills each month.
1




97

LUMBER—MISCELLANEOUS SPECIES.
Table 50.—NUMERICAL DATA.
From Government and non-Government sources.
[Base year in bold-faced type; index numbers on opposite page.]
MICHIGAN
SOFTWOODS.s

DOUGLAS FIR.1
Priced
No.l,
common.

YEAR AND
MONTH.

NORTHERN
HEMLOCK.*

CALIFORNIA
REDWOODS

TOTAL LUMBER.
Exports:
Boards,
planks,
etc 7

Stocks,
end of
month.

T h o u s a n d s of feet,
board measure.

COMPOSITE
PRICES.s

T h o u s a n d s of feet, board measure.

1909-1913 mo. a v .
1913 mo. av

$9,208

37,664

36,442

2,197,334

1914 mo. av

7.917

32,339

2,102,537

1915 mo. av

875

37,603
30,718
31,798

34,653

2,086,531

35,659

2,262,175

10.375

1916 mo.

17,741

1917 mo. av

349,165

323,201

1918 mo. a v . . .

361, 251

1922 m o . a v . . .

375,128
374,680
380, 850
297,737
440,241

40S, S4S

15. 875
18.250
25. 417
29.917
11. S33
15.250

1931.
May
June.
July
August

320,515
316,039
273, 064
329, 020

358,565
314,248
267,245
363,937

11.500
11.500
11.500
10.500

j 337,973
| 374,681

316,486
366,176
312,477
301,688

10.500
10.500
11.500
11.500

350,081

422,157

330,831
346,500
357, 988
439,

11. 500
12. 500
11.500
11.500

464,686
488,861
476,199
475,878

487, 518
518,407
445,625
430,215

13. 500
13. 500
11. 500
16. 500

9,832
12,406
8, 846
10,863

477,222
482,145
474,961
364,436

415,442
369.332
356.333
398, 815

19. 500
19. 500
.500
19.500

10, 901
8,548
4, 299
6,112

1919mo. a v . . .
1920 mo. a v . . .
1921 mo. av . . .

September
October
N ovember
December

403,802
402,459

September
October
November
December

355,432
335, 735
298,505

35,327
33,643
30,056
27,290
16,986
23,483

13,200
12,857
6,494
7,034
8,108

9,559
N, 021
4, 752
6,363

2,141,144
1,874,419
2,069,522
2,059,875
1,762,264
2,270,551

37,460
36,404
44,243
39,618
49,035

85,220
85,452
109,268
129,227
100,587
128,515

19,638

23,051

28,394

1,948,155

79,665

40,539

21,786

22, 817

1,926,225

106,862

16,107

32,334

21,935

13,682

1,794,298

106,388

22,278

20,657

48,748

33, 797

33,417

1,919,598

105,848

15,705
11,782
11,835
9,953

24,124
33,127
28,188
17,076 I

29,817
33,417
48,814
33,280

35,024
44,599
56, 820
30,235

1, 824,442
1, 888,226
1,916,251
1,765,825

100,585
123,264
110,902
151,268

20,633
13,368
20,290
24,793

5,720
6,083
6,103
8,157

45,799

21,551

22,444

75,431
66,576
63,677
64,703

18,234

22,615

13, 867
11,931
21,051
21,913

34,057
37,536
44,507
35.888

39,922
38,841
48,604
42, 479

1,865,240
1,837,104
2,078,404
2,103,965

148,675
125,973
159,869
132, 807

62,945
42,412
36,703
61, 945

2,497,962
2,641, 883
2, 405, 874
2, 583,080

135,953
152,379
115,858
123,233

2, 452,180

106,943
110,152
115, 243
115.097

37,386
32, 648
48, 884
47.099

27,187 35,630
33,879 j 39,240
45,614 ! 34,818
62,827 I 54,118
9,345

53,607

8, 489

54,454

8, 701

50,0.85

10,149

45,633

25,073
23,649
17,963
19,997

32,333
28,171
27, 888
20,425

50, 901
52,531
66, 105
31,527

2, 466, 850
2, 359, 837
1,954,228

503,701

19.500

42, 799

19.500

52, 740

21.500

61,796

40.93

128,773

52,744

589,561

5

40.81

132,534

21.500

37.82
39.10

130,772

480,289

34.29
34.05
35.13
38.79

See footnotes on opposite page also.
The California Redwood Association has furnished to the Bureau of the Census figures on the actual production, shipments, and orders received by 7 identical mills
the

Figures in this column represent the total cut of 10 species of lumber—yellow pine, Douglas fir, hemlock, western pine, redwood, maple, birch, beech, white fir, and
sugar pine—representing over 70 per cent of the total cut of lumber in the United States. Annual figures for 1913 and 1914 are from actual reports to the U. S. Department of A griculture, Forest Service, and from 1915 through 1920 are computed on the basis of actual reports to the Forest Service. Monthly figures for 1920 are obtained by prorating the cut of each species as reported by the associations whose figures are carried in these columns to the Forest Service totals. For subsequent months prorating is
done on an approximate average for the years 1917 to 1920.
7
Exports of lumber are from U. S. pepartment of Commerce, Bureau of Foreign and Domestic Commerce.
8
These ^.^w^ i*xv for the first week in each month as published in "Lumber," and r< represent a combined weighted average for the respective series of l u m b e r , based on
^—v^v, indices are iw. m ^ "iou v.^wv iu w v n xiLuiauii cio [juunaiicu in ±ju,iuuci, nLxu.
quotations ojn various grades for each species, and the species weighted according to annual production of the previous year, changing about May of each year, when the new
production figures are available. The soiivyuou muex is based upon seven species: Yellow pine, .uougias fir, rsortn uaroima pine, wnne pine, nemiocK, sp
i enow
«
:,_i^ ™, softwood index oasea
Douglas nr, North Carolina
white
hemlock, spruce, and cypress.
The 9hardwood index is based upon 13 species: Maple, birch, basswood, elm, beech, oak, gum, ash, cottonwood, chestnut, poplar, hickory, and walnut.
Paitly estimated.

43622°—2;




98
FLOORING AND NAVAL STORES.
Table 51.—INDEX NUMBEBS.
Based on data from commercial and trade sources.1
[Base year in bold-faced type; numerical data on opposite page.]

MAPLE FLOORING.
Produc- Ship- Stocks, Orders
end of
tion. m e n t s . month. booked.

YEAR AND
MONTH.

Unfilled

orders, Produc- Shipend of
tion. ments.
month.

Relative to 1919.
71

.

1921.
January
February .
March
April

1OO

30
42
51
61

13

206

72

209

57

209

49

202

75

187

94

185
184

76

200

49

110
92
92

72
67
90

216
222
218

50
57

91

90

208

100
118
104

115
121
109

,173
159

135
98
78

130

118

151

84

107

1OO

53
47
81
74

36
42
62
57

200

67
69
66
80
80
93

113
117

June
July
August

1OO
70
69
101

108

. .

May

77
84

September
October
November
December

75

1933.
January
February
March
April
May

July
August
September
October
November
December

103
199
180

Unfilled
Net
Net
orders, receipts Stocks receipts Stocks
end of
(3 ports). (3 ports). (3 ports).
month. 3 ports).

77

70
27
53

100

1OO

114
148

167
73
151
161
186
343

Relative to 1919-20.*
131

85

100

1OO

122

183

80

156

232

98

191

187

250

210

174

147

277

288

92

78

294

109

184

193

160

130

104

258

226

230

398

174
150
173

192
240

165

358
383
100

143

207

151
84
100

1OO

161
135
100

178

143

109

123

100

375

149

141

149

128

157

389

256

456

147

80

151

151

150

137
162

166

83

206

85

444

50

59

166

65

99

88

443

56

36

134

46

17

127

174

209

444

51

55

94

33

155
158
145

21

153

199

229

413

84

92

91

52

150

25

189

211

194

397

127

169

124

104

27

204

229

200

418

153

220

119

141

156
154

23

193^

212

180

391

138

239

157

157

28

235

261

250

393

134

222

170

162

167
164

1

68

203

64
83

70

16

28

223

280

273

371

132

192

179

154

162

i

105
102

198

38

244

353

451

308

287

153

187

140

156

46

254

325

389

232

290

161

206

171

153

36

262

301

214

242

288

151

215

203

168

32
31
39

289

249
274
378

223

305
321
312

293
288
344

46
21
22

172
107
62

163
149
141

296

462

86

36

109
69
79
104
166
180
176
190

126
143

87
98

186

259

263

47

305
298

66

328

261

557

188

352
361

420
477
404

501

69
65
59

401
350

225
230

530
492

205
212

15
35
53

415

450

425

234

513

225

83

385
491

370

127

154
164

358

427

360

235

496

57

486

393

211

445

103

180
142

110

155

54

440

480

213

486

174

129

189

176

136

108

163

80
102

395
402

196
174

167

83

127

58

352

408

392

236

564

163

144

199

174

139

. .

58

103

150
158

85

134

1923.
January
February
March
April

100
36
63
84

100
103
83
114

83
90

1919monthly a v . . .
1920monthly a v . . .
1921 monthly a v . . .
1922 monthly a v . . .

76

100
112
138
173

.

1917 monthly av

Stocks,
end of
month.

Relative to 1913.

1909-1913 mo. a v . . .
1913 monthly av
1914 monthly av. .
1916 monthly av

Orders
booked.

ROSIN.2

TURPENTINE.*

OAK FLOORING.

112

162

173

94

412

402

494

283

695

68

125

122

169

113

96

165

113

105

366

417

548

281

785

39

94

83

141

123

129

150

129

111

483

582

649

281

908

36

47

87

111

107

49

116

101

95

166

Mav
July




1
1
1

1
See footnotes on opposite page.

li

99
FLOORING AND NAVAL STORES.
Table 52.—NUMERICAL DATA.
From commercial and trade sources.1
[Base year in bold-faced type; index numbers on opposite page.]
MAPLE FLOORING.

YEAR AND
MONTH.

Produc- Ship- S endo1'
tion.
m e n t s . month,

Or<lcrs

TURPENTINES

OAK FLOORING.
Unfilled
orders, Producend of
tion.
month.

Ship-

Unfilled
Orders Stocks, orders,
end of
booked. month. end of
month.

a

Stocks

ROSIN.*
Net
receipts Stocks
[3 ports). (3 ports).

Barrels.

Thousands of feet, board measure.

1909-1913 mo. av.

4,572

4,572

4,719

11,780

6,160

1913 monthly a v .

6,675

6,009

6,104

9,000

7,250

1914 monthly a v .

7,464

6,877

7,419

16,500

5,800

26,494

1915 monthly a v .

9,205

8,894

9,525

20,900

7,100

22,807

59,721

92,260

275,273

11,563

11,470

11,429

22,500

15,250

26,312

74,513

93,023

325,956

1917 monthly a v . .

11,120

10,446

8,956

24,900

20,900

23,034

111,396

80,202

322,345

1918 monthly a v . .

4,858

4,781

26,500

7,900

12,736

119,138

46,423

270,594

|

1916 monthly a v .

1919 monthly a v . .

11,848

15,448

1920monthly a v . .

8,259

15,963

8,121

30,749

11,935

27,768

5,289

4,250

30,886

4,754

4,963

30,620

8,101

7,300

31,314

7,479

6,741

31,896

4,299
5,947
7,253
8,630

10,039
10,383
1921 monthly a v . .
8,378
1922 monthly a v . .
11,418

1921.
January
February
March
April
May....
June
July....
August.
September..
October
November..
December..
1922.
January
February
March
April

38,289
26,723
10,193
20,209

10,101

11,070

11,782

14,433

15,038

15,240

31,092

55,937

200,621

10,745

7,800

6,343

23,237

12,902

21,869

34,013

68,983

200,226

12,411

13,595

14,058

33,729

10,816

21,436

46,315

71,835

314,974

22,877

23,945

23,723

23,006

33,060

22,425

24,819

84,653

303,873

I
5,113 |

4,269

4,182

5,217

39,949

3,620

8,919 ]

51,563

36,234 , 310,905

6,112

5,508

5,966

5,355

39,843

4,095 |

5,455 |

41,755

25,935

6,392

8,464

10,474

12,742

39,998

3,666 j

8,430 |

29,299

18,507 i 289,971

8,150

10,222

11,981

14,002

37,213

6,111 !

14,055;

28,412

29,356 ! 301,713

25,768 I 38,418

58,293 ; 312,507

8,311

7,963

31,896

10,162

12,702

11,869

35,764

8,234

32,271

8,100

9,897
10,311

12,609

9,038

13,636

13,767

12,186

37,588

7,721

7,813

32,268

6,968

8,961

12,895

12,737

10,996

35,201

8,438

9,469

31,180

10,564

10,541

15,717

15,670

15,256

35,352

9,240

316,440

33,468 I 36,949

78,883 |

9,969

36,435 I

48,775

88,097

335,674

9,722

33,773

52,861

90,430

328,907

11,095 \

308,341

7,510

9,472

28,893

9,632

10,868

14,900

16,837

16,667

33,415

9,552

29,204 I

55,-509

86,008

324,486

10,851

11,066

28,516

14,897

14,597

16,266

21,209

27,559

27,742

20,808

23,328 :

58,066

78,115

313,904

11,329

11,141

28,383 I

14,517

17,481

16,933

19,544

23,771

20,922

21,022

95,501

307,496

11,713

9,042

30,865 j

6,927

13,894

17,510

18,065

13,070

21,763

20,888 ;

24,551 j 63,913
23,070 I 66,965
I

113,524

336,680

11,024

8,533

33,329

7,051

12,226

19,262

14,970

13,606

27,467

21,330

7,054 |

53,423

61,209

327,932

9,274

7,947

34,248

8,105

11,818

17,282

16,455

16,063

28,856

20,907

3,240 ;

33,204

38,533

299,305

9,232

10,611

34,187

12,323

14,905

20,367

22,690

23,479

28,090

24,935

3,301

19,280

44,069

282,428

9,093

10,631

32,174

13,853

17,839

19,892

22,227

29,951

26,615

33,501

13,139

11,081

58,015

255,326

19,076
13,920
11,078
11,950

25,098
26,330
25,076
22,668

21,914
23,495
24,082
27,669

25,251
28,646
24,261
27,037

30,608
24,472
21,310
25, 971

23,534
20,245
20,712
21,054

40,417
38,434
35,637
37,173

28,659
31,306
32,306
34,346 ;

4,601
10,731
16, 491
25, 849

93,019
100,556
98, 368
106, 008

251,823
287,138
308, 027
329,268

12,093
11,791
11,281
14,444

22,397

23,903

25,672

21,991

20,120

35, 957

29,797 i

29,601

100,522

335,702

21, 872

26,357

29,185

23,973

19,014

32,296

26,454 |

31, 949

79, 385

332, 747

20,580

26,828

26,431

29, 269

19,132

35,209

26,582 j

40,161

105,800

352, 465

22,324

23,473

24,510

23,948

21,230

40,925

24,835 j

44,774

111,108

349,917 |

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

10,701
11,866
10,434
13,047

September..
October
November..
December..

12,518

1923.
January
February
March
,
April
,

14,163
5,106
8,991
12,214

5,537 j

83,914

13,648

13,606 I 28,793
14,280 j 26, 719
12,956 j 2-1,528 j
j
14,002 i 23, 272 ,
j
12,705
23,111 j
12,243
24,344
13,010
23,908
12,762
25,156

13,442
12,755

i

13,929

13,269

25,023^

24,481

36,084

27,473

24,162

30,137

25,447

50,398

10,326

38,758

67,967

338,957

11,333

11,354

25,539

16,033

40,200

24,421

25,031

33,458

25,301

56,936

5,914

29,238

46,644

2H2,610

12,344

15,329

23,161

18,321

42,434

32,236

34,964

39,641

25,297

65,823

5,431

14,596

48,445

222,501

16,267

15,312

65,058

202,391

May..
June..
July..

l/VStsC*! ISGIA. I I U W I U I ^ l l l U U O b l V » *• V»V>V/AJJ I/O CkllVJ. OV\JKsl%.O Cb\j VllVJ. \J I 1111/11 t i l \J I I U 1 U C l l l U l t CkllKJL l\J\3HL Ckl> O Cfrl/JLOWl I V klL\Jy kJQ V'

Board of Trade, Jacksonville Chamber of Commerce, Pensacola Chamber of Commerce, and the Naval Stores Review.

2 Monthly averages for years refer to seasons beginning April 1, of year indicated.




said to represent
it 90 per cent of the
reports of Savannah

100
BRICK.
Table 53.—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.2

YEAR AND MONTH. Produc- Shiption.
ments.

SILICA BRICK.3

New
Unfilled Produc- Shipments.
orders. orders. | tion.

Stocks.

WHOLESALE
PRICES.

FACE BRICK.<

s tto r K S
oc k s

»

-

Common
j brick,
Produc- s t o r k s Unfilled Ship- salmon,
tion.
»*ocKs. orders. ments. run of
kiln,
Chicago.
Relative
to 1920.

Relative to 1919.

1913 m o n t h l y a v .

Common
brick,
red,
NewYork.

Relative to 1913.

100

100
84
92

1914 m o n t h l y a v .
1915 m o n t h l y av..
1916 m o n t h l y av.,

97

122

1917 m o n t h l y a v . .

100

135

1918monthly a v . . .

151

1919 m o n t h l y a v . . .

100

100
123

95

189

145

186

182
213
333
232
265

50

31

49

45

229
227
235
186

251
251
21S
229

177
170
172
172

221
221
225
225
232
229
229
221

120

195

106

100
111

103

100
117

!

45

38

37

35

100

105

182

!

95

58

79

75

92

144

178

85

39

77
66
63
24

45

198

40

76
60
45
38

58

89

40

98

34

196

34

108

47

175

51

79

30

106

17
28
13
27

37

99

123

157

71

99

18

103

142

175

85

126

22

99

139

181

77

122

27

100

153

185

73

137

33
32
33
34

28

101

126

188

67

121

34

101

137

176

63

134

100

100

1920 m o n t h l y a v . . .

120

1921 m o n t h l y a v . . .

63

1922 m o n t h l y a v . . .

92

90

110

105

90

81

70

93
99

1OO

100

100

1OO
157

100 .
176
64
121

LSI

&100

232

1921.
January
February—
March
April...

83

63

97

33

52

51

97

38

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

49

45

99

41

53

43

103

44

43

43

103

33

103

47

September
October
November
December

'
;
j
!

49

51

102

50

60

63

100

59

1932.
January
P'ebruary
March
April

!
!

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

52

j

63

5s

102

67

60

105

59
68

02
59

100

61

10)

70

84

76

107

84

82

76

108

89

92
95
93
102

87

97

110
111
114
117

96

104

113

116

110

117

110

99

90
91

99
112
108
102

36
37
32
29

!

29
27
28
25

I
!

25
32
34
42

;

48
61
72
79
85
76
76
72

99

163

38

119

186

58

84

52

103

207

52

63

171
174
175
1S1

46
65
126
171

170
170
173
173

232
255
248
255

177
178
186
177

302
307
307
290

178
182
176
177

255
232
225
266

178
177
175

305
305
305

47

73

213

53

52

67

211

76

65
70

i

59

47

56

88

126

216

100

75

87

144

199

118

87
82
81
69

76
76
89
S3

209

91
112
99
97

81

91

187

188

93

183

176

90

140

147

86

165

150

173
151
147
152

154

138

139

149

207
167
189

94

95

182

160

134

151

81

101

151

161

105

145

78

108

149

182

96

110

111

107

112

105

106

108

112

99

128

114

118

12ti

80

102

102

111

129

191

149

137

111

105

118

131

95

103

103

109

102

208

186

98

131

139

115

193

126

119

127

107

147

217

226

160

!

May..
June..
July..
See footnotes on opposite page also.
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.
2
Figures for 1921 are from reports of 68 identical mills with a monthly capcity of 78,645,942 bricks, which is estimated by the association to represent from 68tto 70pper
,
y
p
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
,
,
capacity, respectively,
53, 56,
y
c capacity of t
73,526,103,
mills having a monthly capacity for the years in question of 71572186
60 mills having a monthly capacity for the years in question of 71,5 2,186 and 73526103 and 73,307,190 bricks.




101

BRICK.
Table 54.—NUMERICAL DATA.
From commercial and trade sources.1
[Base year in bold-faced type; index numbers on opposite page.]

CLAY FIRE BRICK.*

YEAR AND MONTH.

Stocks.

New
orders.

Unfilled
orders.

ProShipducStocks.
tion. m e n t s .

WHOLESALE
PRICES.

FACE BRICK. 1

SILICA BRICK.3

Production.

Thousands of bricks.

Common
Combrick, mon
UnShip- salmon, brick,
Stocks, filled ments. run of
red,
orders.
kiln,
New
ChiYork.
cago.
Thousands of bricks.

Per thousand.

1013 monthly average..

$4.94

1914 monthly average.

4.87

5. 53

1915 monthly average.

4.78

6.05

1916 m o n t h l y average..

4.78

8.04

1917 monthly average.

4.95

8.89

7.45

11.93

191* monthly average..
1919 monthly average..

50,727

50,648

138,810

51,434

93,746

14,062

14,008

41,750

15,647

34,010

27,525

1920 monthly average..

60,715

62,438

129,235 I 61,809

182,513

14,904

15,580

42,911 I 18,362

53,269

48,430 •> 13,967

1921 monthly average..

32,029

29,114

136,967

22,958

35,976

5,246

4,865

41,563 j 16,383

61,983

17,489

1922 monthly average..

46,512

45,353

152,632

49,075

54,836

11,095

10,522

38,287 i 22,460
i

60,655

33,257

$6.56

8.95

15.96

11.44

21.85

13,328

9.33

15.25

20,202

8.71

17.36

1 921.
January
February
March
April

53,244
41,298
42,2*4
26,527

45,377

118,290

19,954

71,428

10,866

8,066

37,035

7,044

67,470 j 13,816

4,273

11.31

16. 50

35,674

123,914

20,811

56,565

9,319

5,583

40,771

5,351

66,715

13,520

6,352

11.21

16. 50

31,923

134,275

17,196

41,839

8,927

4,763

44,934

7,357

59,579

14,023

11,068

11.58

16. 25

25,791

135,011

19,499

35,546

3,326 4,156

44,104

13,779

55,286

18,587

13,759

9.17

15.00

May

24,958

22,791 I 137,178

21,075

33,830

2,442

5,161

41,385

19,184

53,280

19,524

13,789

8.74

14.50

June

26,967

21,862 I 142,283

22,397

34,365 I 3,879

2,455

42,809

22,266

59,586

23,276

17,537

8.41

14.50

July

21,909

21,587

142,604

16,851

29,629

1,847

3,150

41,507

21,771

61,577

21,222

17,018

8.49

14.75

August

: 26,189

26,485

142,308

24,190

27,334

3,836

3,752

41,591

23,921

62,880

19,987

19,179

8.51

14. 75

September

; 24,641

25,931

141,017

25,512

27,033

4,633

3,883

42,341

19,649

63,807

18,309

16,876

8.46

15. 25

j 30,409

32,115

139,311

30,133

25,149

4,554

4,806

42,089

21,491

59,969

17,393

18,764

8.57

15.00

31,921

29,230

142,002

29,964

25,883

4,572

5,282

18,607

63,327

15,979

11,690

8.63

15.50

34,000

30,596

145,406

27,915

23,108

4,754

7,321

41,379
38,812

16,178

70,314

14,228

8,733

8.93

14.50

< Jetober
November

|

! December
WYZ'l.
January

j 30,121

31,301

138,574

31,222

23,751

6,581

8,246

36,344 |

11,438

72,391

14,569

6,491

8.40

15.23

February

:

34,683

30,043

146,911

35,941

30,357

6,663

7,263

35,743 !

10,495

71,800

21,040

9,130

8.38

16.75

March

42,626

38,694

149,034

43,098

31,537

9,120

7,837

36,944 I 19,756

73,520

27,403

17,589

8.55

16. 25

A pril

41,446

38*458

150,292

45,851

39,402

9,830

10,485

36,316

22,587

67,511

32,512

23,851

8.52

16. 75

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

46,794
48,367
47,266
51,828

44,120
45,772
45,851
49,075

152,259
153,517
158,236
162,876

51,041
57,805
55,681
52,300

45,300
56,861
67,557
74,399

12,233
11,578
11,332
9,666

10,704
10,676
12,533
11,687

29,264
37,845
38,747 i 28,673
21,922
37,572
25,756
35,743

63,807
59, 804
49,959
51,080

47,572
43,283
40,434
41,781

29,202
28,923
23 t 379
26,361

8.73
8.78
9.16

20.15
20.15

8.72

19.00

September

48; 839

52,693

156,899

59,771

79,511

12,861

11,332 I 37,108

24,076

46,855

38,313

20,870

8.80

16.75

October

55,996

59,299

152,101

51,120

70,860

15,755

13,161 j 39,730

28,555

54,473

36, 836

21,075

8.97

15. 25

November

56,546

54,423

155,876

54,187

71,096

13,871

11,359 ! 42,269

23,689

54,689

28,947

20,255

8.70

14.75

1 )ecembcr

53,637

54,502

155,011

50,884

67,400

13,653

10,977 I 45,081

23,309

61,908

26,388

15,296

8.75

17.48

January

64,804

57,569

153,977

64,883

75,421

14,308

14,281

46,174 !

20,149

64,877

41,087

19,087

8.77

20.00

February

56,075

53,222

163,426

67,164

88,713

14,544

14,418

45,492

16,012

70,751

51,296

13,660

8.73

20.00

March

66,456

70,624

159,180

99,330

118,284

16,793

17,804

44,481

23,004

73,756

62,139

22,384

8.65

20.00

19.81

192.3.

April
May..
June..
July..
See footnotes on opjiosite page also.
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 monthly
capacity of 25,448,833 bricks.
* The figures on face brick include data from 32 identical firms reporting to the American Face Brick Association each month. Comparable monthly data for the months
of 1919 and 1920 are shown in the April "Survey," (No. 20.)
•' Ten months' average.
3




102
SANITARY WARE.
Table 55.—INDEX NUMBERS.
Baaed on data from commercial and trade sources.
[Base year in bold-faced type; numerical data on opposite page.]
ENAMELED WARE. 1
BATHS.
YEAR AND
MONTH.

Orders
shipped.

Stocks.

LAVATORIES.
Orders
received.

Orders
shipped.

Stocks.

MISCELLANEOUS.

SINKS.

Orders
received,

Orders
shipped

Stocks.

Orders
received.

Orders
shipped.

Stocks.

Orders
received.

SANITARY
POTTERY.«
Orders
received.

Relative to 1919.
1913 mo. av..
1914 mo. av..
1915 mo. av..
1916 mo. av..
1917 mo. av..

115
123
136
148
96

1918 m o . av..
1919 m o . av..
1920 mo. av.
1921 mo. av..
1922 mo. av..

56

144

100

100

149

50

120

179

104

111

108

106

122

122

129

103

143

136

144

98

89

78

31

71

95

47

61

116

40

82

96

61

100

1OO

100

100

100

100

112

73

100
110

100

53

100
31

109

59

59

127

78

77

122

89

100
65
73

119

112

76

100
34
43

129

195

55

156

172

73

139

156

84

142

125

23
30
42
47

102
136
129
139

49
59
84
84

65
65
73
67

75
96
128
123

64
78
86
85

54
50

104
98
129
130

82
101
118
121

54
52
78
71

16
21
32
32

72
78

103
115
117
125

115
117
120
132

84
70

32
33
44
42

53

1921.
January
February...
March
April

65
71
78
100

214
280
301
271

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

101
118
142
163

236
202
154
116

114
123
124
135

84
87
95
92

63
74
83
87

124
123
121
134

84
88
94
103

September..
October
November..
December..

157
183
148
112

75
71
96
126

59
60

145
169
120

85
67
72

92
111
70

134
170
130
105

102
85
91
106

110
71
71

131
154
117
97

118
103
101
115

92
108
75
71

53
67
54
85

1922.
January
February...
March
April

140
152
189
226

127
135
167
143

84
70
91
154

138
154
199
222

73
73
90
75

109
93
130
188

135
135
166
181

103
103
122
107

96
81
108
160

137
125
158
174

104
101
108
107

130
84
115
153

124
52
52
81

May
June
July
August.

237
238
204
227

113
90
71
54

215
184
142
118

235
224
184
206

56
49
45
42

262
221
151
134

200
197
160
174

82
66
56
47

222
189
141
117

178
171
142
150

97
83
79
74

192
177
147
135

95
97
129
171

September..
October
November..
December..

219
228
217
229

50
64
79
82

114
110
128
137

193
191
197
200

38
40
43
43

135
'127
148

166
178
177

46
44
49
52

128
117
158
151

167
154
149
167

63
63
63
70

138
124
150
156

205
166
165
160

1923.
January
February...
March
Apjil

240
267

95
100

191
186
167

199
182
229

43
40

232
212
201

214
182
210

47
48
49

223
190

188
158
199

72
62
68

223
180
161

May..
June..
July..




See footnotes on opposite page.

103
SANITARY WARE.
Table 56.—NUMERICAL DATA.
From commercial and trade sources.
[Base year in bold-faced type; index numbers on opposite page.]
ENAMELED WARE;
LAVATORIES.

BATHS.
YEAR AND
MONTH.

Orders
shipped.

Stocks.

Orders
received.

Orders
shipped.

Stocks.

MISCELLANEOUS.

SINKS.

Orders
received.

Orders
shipped.

Orders
Orders
Orders
Orders
Stocks. received. shipped. Stocks. received. received.
Pieces

Number.

1913 mo. av..

39,831

47,754

42,450

49,527

per kiln.

53,428

1914 mo. av..

57,789
70,626

1915 mo. av..

46,977

55,769

1916 mo. av..

51,181

65,230

33,172

44,888

31,555
34,655
29,367
40,887
22,201

74,293

1917 mo. av..

48,419

1918 mo. av..

19,495

60,530

21,514

1919 mo. av..

34,608

42,175

69,872

1920 mo. av..

51,441

20,951

36,774

1921 mo. av..

41,510

75,324

40,911

1922 mo. a v . .

72,228

41,228

90,153

132,369

34,322

45,768 139,751

73,612

51,438
58,169
89,331

43,302
109,318
77,533

53,438

46,811
62,097
59,263
59,140

69,052
82,501
117,204
117,750

52,323
56,278
56,733
61,667

117,422
121,969
132,453
128,354

46,686

66,328
77,293
54,924
45,176

118,272
94,091
100,912
111,834

67,381

102,190
101,566
126,228
104,543
78,062
68,558
62,349
58,483

32,697

33,097

SANITARY
POTTERY, a

145,329

35,089

23,405

77,034

25,427

54,584 125,814

88,018

28,383

79,869

41,900

430

57,502

31,062

47,410

27,691

145

60,231
66,458
93,740

66,333
111,764
91,879

64,577

33,640

89,394

31,803

183

122,366

44,287

67,429

59,337

537

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

70

80,533

21,757

90

94,389

32,810

139

96,524

29,571

137

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

28,661

137

93,365

35,084

140

95,792

29,505

189

105,781

36,788

179

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

138,757

73,877
73,660
90,764
98,905

129,586
129,505
152,980
135,071

84,791
71,434
95,137
140,620

38,831
35,446
44,912
49,402

192,546
162, 788
111,455
98,765

109,377
107,671
87,492
95,235

102,747
82,831
70,789
59,400

195,503
166,095
123,938
102,617

52,826
99,232
56,340 : 93,800
59,645 I 108,976
59,595 I 124,052

90,456
97,379
96,645
103,418

58,034
55,512
61,183
64,908

170,693
156,033
148,121

116,539
99,085

59,580

114,677

61,391

56,315
114,567

1931.
January
February..
March
,
April

22,444
24,499
27,157
34,573

May
June
July....
August.

90,303

16,340

118,205

21,302

127,128

29,460

114,391

32,625

35,011
40,933
49,314
56,515

99,525
85,062
64,969
49,009

35,717

September
October
November
December

54,377
63,217
51,259
38,818

31,474
30,010
40,667
53,140

1922.
January
February
March
April

48,425
52,575
65,243
78,130

53,422
56,759
70,587
60,260

107,566

63,047
70,654
91,039
101,482

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

82,100
82,378
70,700
78,435

47,694
37,846
29,756
22,775

150,475
128,876
99,235
82,536

! 107,708
102,345
84,077
94,219

September
October
November
December

75,766
78,834
74,943
79,204

21,195
26,799
33,126
34,517

79,722
76,737
89,690
95,633

88,161
87,325
90,324
91,592

1923.
January...
February..
March
April

85,703
82,912
92,473

40,530
133,198
40,124
129,847
42,000 ! 116,514

91,116
83,469
104,876

43,973
47,187
61,861
57,024
62,279
41,173
41,993

58,420
49,134
63,815

60,535
56,543
50,127

47,846
48,022
53,481
49,060

54,428
61,378
63,882

81*, 978
51,677
49,961

80,124
68,414
95,891

59,806

94,134

38,359

227

82,017

45,137

288

80,980

31,537

232

91,643

29,879

367

83,242

54,545

535

80,742

35,240

222

86,334

48,062

225

85,528

63,910

347

50,644
48,507
40,187
42,634

77,788
66,636
62,981
59,088

80,341
74,159
61,491
56,516

409
419
555
737

112,951
103, 089
139,373
132,847

47,450
43,669
42,429
47,336

49,975
50,101
50,451
56,284

195,984
167,607
149,144

53,255
44,766
56,359

57,616
49,367
54,332

57,813

8S0

51,832

712

62,935
65,199

710
6S8

93,427

1,280

75,431
67,642

May..
June..
July..
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 States.
The 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.
1
Data furnished by Sanitary Potters' A ssociation and include the following articles, with percentages of total orders in 1920: Siphon jets 6.5iper 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.




104

CEMENT.
Table 57.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA
Based on data from Government and non-Government sources.1
[Base year in bold-faced type.]

CONCRETE
PAVEMENTS
CONTRACTED

PORTLAND CEMENT.

CONCRETE
PAVEMENTS
CONTRACTED
FOR.

PORTLAND CEMENT.

FOR.

Production.

YEAR AND MONTH.

Wholesale price,
Stocks
net,
Ship4
ments. at end of without Total.
period.2
bags,
Chicago
district.
Relative to 1913.

Roads.

Relative to 1919.

Production.

Shipments.

Thousands of barrels.

A.—INDEX NUMBERS.
1913 monthly
1914 monthly
1915 monthly
1916 monthly
J.917 monthly

average.
average.
average.
average.
average.

100
96
93
99
101

1918 monthly
1919 monthly
1920 monthly
1921 monthly
1922 monthly

average.
average.
average.
average.
average.

77
87
109
107
124

96
109
107
131

1921.
May....
June
July....
August.

121
121
125
133

September.
October
November..
December..
1922.
January
February
March
April

100
97

100
14
1

94
153

93

166

47

166

80

180

91

153

87

128
143
139
167

131
137
116
85

7,391

Roads.

7,203
7,241
7,879
7,559

11,220
12,773
11,463
8,361
10,354

81.002

7,353
7,160
7,627
7,735

118

92

Thous. of square yds.

7,675

89

75

Total.*

B.—NUMERICAL DATA.

1OO

102

107
102

period.2

Wholesale price,
net,
without
bags,
Chicago
district.
Per barrels

Stocks
at end of

1.19
1.53

159

1OO
73
105
148

3 100
71
107
142

5,923
6,691
8,335
8,191
9,489

5,910
7,124
8,026
7,921
9,714

10,454
5,257
8,941
10,160
9,741

1.67
1.66
1.80
1.54
1.61

4,455
3,264
4,686
6,595

3 3,435
2,4i>4
3,602
4,863

111
99
93
74

170
170
170
170

168
168
104
84

180
158
108
75

9,281
9,296
9,568
10,244

9,488
10, 577
10,301
12,340

12,450
11,150
10,414
8,280

1.70
1.70
1.70
1.70

7,465
7,472
4,628
3,763

6,176
5,428
3,717
2,584

152
164
70
50

62
48
81
106

159
148
148
148

93
103
87
70

74
111
89
70

10,027
10,506
8,921
6,559

11,329
12,114
5,195
3,697

6,953
5,348
9,091
11,938

1.59
1.50
1.50
1.50

4,132
4,576
3,891
3,102

2,535
3,816
3,049
2,408

56
56
87
120

40
44
95
116

119
126
123
129

148
148
148
148

60
74
216
255

78
232
265

4,291
4,278
6,685
9,243

2,931
3,285
7,002
8,592

13,316
14,142
13,848
14,470

1.50
1.50
1.50
1.50

2,655
3,308
9,602
11,371

2,357
2,689
7,979
9,112

June
July....
August.

146
147
151
152

172
182
187
194

115
96
75
51

148
158
158
163

244
174
206
137

241
147
185
102

11,176
11,245
11, 557
11,664

12,749
13,470
13,850
14,361

12,893
10,718
8,433
5,746

1.50
1.60
1.60
1.64

10,852
7,769
9,195
6,117

8, 271
5,044
6,348
3,497

September.
October
November..
December..

149
160
148
113

168
174
138

42
37
47
81

173
173
173
171

142
105
79
84

127
81
81
90

11,424
12,287
11,349
8,671

12,444
12,854
10,167
4,858

4,724
4,149
5,320
9,142

1.75
1.75
1.75
1.73

6,319
4,680
3,528
3,744

4,374
2,797
2,789
3,095

1923.
January
February
March
April

100
105
129
148

73
81
140
175

102
121
116
102

158
173
173
173

141
128
165

62
138
109
132

7,704
8,085
9,880
11,322

5,419
5,963
10,326
12,917

11,470
13,502
13,045
11,450

1.60
1.75
1.75
1.75

2,956
6,272
5,684
7,370

2,140 j
4,725
3,737
4,550

May....

May..
June..
July..

I
1

Data on cement is from the U. S. Department of the 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 concrete pavements for roads, streets, and alleys from Portland Cement Association, Highways Bureau.
2
Yearly figures represent stocks at end of year, not an average of monthly stocks, except for 1921 and 1922.
3
Of the numerical 1919 monthly average, 3,221,000 yards was actually reported. The remainder is the prorated portion of a total of 3,338,309 yards for the year of
pavement less than 6 inches thick not allocated by class of pavement. This has been prorated to roads on the basis of the roads' share of allocated contracts.
4
Includes streets and alleys besides roads.




105
FLAXSEED AND COTTONSEED.
Table 58.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA.
From commercial and trade sources,1
[Base year in bold-faced type.]
FLAXSEED.

FLAXSEED.
DULUTH

MINNEAPOLIS.
YEAR AND
MONTH.

COTSEED.

Stocks,
ShipReShipReend of
ceipts.2 ments.2 Stocks.3 ceipts.2 ments. 8 Stocks.3 month.

MINNEAPOLIS.
Receipts. 2

Shipments. 2

Relative
to 1919.

Relative to 1913.

1918 m.av.
1919 m.av.
1920 m.av.
1921 m.av.
•1922 m. av.
1921.
January...
February..
March
April.

Stocks.3

Receipts. 2

Shipments. 2

Stocks.3

Thousands of bushels.

Short tons.

100

100

100

100

100

100

943

156

233

1,036

1,099

69

30

98

44

49

75

647

47

228

457

538

54

50

39

47

35

34

512

78

90

487

382

948

79

62
63

56

58

56

49

741

97

130

596

613

1,360

83

33

34

31

502

98

194

341

377

846

31
16

8

96

524

83

52

346

338

208

4

100

575

105

60

182

175

119

53
56

53

22

33

61

67

26

18

129

2,751
2,060

33

97

40

25

28

58

552

51

226

412

278

758

73

416

35

41

41

71

469

114

970

362

454

1,117

44

69

30

31

26

8

61

412

107

69

317

281

230

172

55

106

32

50

56

141

177

1,557
1,639
1,635
1 630

484,832
424,557
302,126
191 813
129,624
108 573
99 821
120,801

46

44

476

5

5

59

59

430

68

1,182
1,185
1,110

44

61

418

14

16

59

37

416

95

975

47

426

41

66

52

25

598

73

993

422

730

51

457

45

46

48

21

519

79

501

1,419
1 319

74

494

55

85

33

19

333

116

567

935

921

37

129

461

28

23

32

24

353

201

1,065
1,150
1,074

471

35

286

248

881

29

18

507

17

5

57

95

278

28

29

23

509

10

3

60

83

269

36

59

126

398

39

28

36

76

559

197

928

399

309

978

122

108

364

54

79

24

143

169

848

559

863

654

41

135

315

76

86

20

150

783

948

545

59

170

37

54

8

121

211
92

733

36

1,148
389
335

395

385

594

227

73
58
38
22

11

14

302
204
257
198

161
120
86
53

170

116

151

151

6
12
5

5
5
3
6

81

6

136

66

65

131

88
52

120
45

127
52

176

1922.
January...
February..
March
April

32

103

22

77

27

55

21

34

May

31

29

29

8

June
July
August

24

18

22

12

32

6

14
9

39

49

30

2

4

September.
October
November.
December..

95

113

9

50

17

91

124

33

109

64

117

24

67

76

11

50

79

27

37

5
3
7
4

1923.
January...
February..
March
April

489,442^
512,448
296,219
364,434
313,118

59

55

September.
October
November.
December.

661,192

50

63

May
June
.July
August

Stocks,
end of
month.

B.—NUMERICAL DATA.

A.—INDEX NUMBERS.
1913 m.av.
1914 m.av.
1915 m. av.
1916 m.av.
1917 m.av.

COTTONSEED.

DULUTH.

33

52

52

40

12

4

50
20
9

84

3

5

290

45

68

87

147

81

5

13
5

4

226

28

51

141

49

134
36

1

3

114

50

13

94

150

11

368

77

70

21

47

9

12

79

893

176

21

514

189

334

61

22

150

859

193

76

1,126

667

615

90

86

25

167

600

182

55

929

940

674

53

72

12

153

630

118

26

544

788

340

13
4
7
5

33
3

3

103

469

123

12

136

365

70

1

59

257

58

6

43

35

40

1

31

309

81

17

75

45

17

486

62

9

55

26

9

14
<4)

4
2

(4)

May
June
July
1 Except cottonseed stocks at mills from U. S. Department of Commerce, Bureau of the Census. Data on flaxseed from the Northwestern Miller.
Monthly figures are totals of weeklyfigureswith first and last weeks of month prorated.
3 Stocks at end of week nearest the end of the month.
* Index number less than 1.

2




390,970
732,651
767.318
620,117
414,122
254,015
101,293
45 970
23,319
19,431
13 880
55,995
403,223
771,197
857,734
784,386
527,839
302,831
159,922

106
CHEMICALS—FOREIGN TRADE.
Table 59.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA.
Based on data from Government sources.1
[Base year in bold-faced type.]
IMPORTS.

Potash.'

Nitrate
of soda.

EXPORTS.

Dyes
Sulphuric and dyeacid.
stuffs.

IMPORTS.

Total
fertilizer.*

Potash.)

Nitrate
of soda.

EXPORTS.

Sulphuric Dyes and
Total
acid.
dyestuffs. fertilizer.'

Y E A R AND M O N T H .

Pounds.

Long tons.

Relative to 5-year average 1909-1913.

Dollars.

Long tons.

B.—NUMERICAL D A T A .

A.-INDEX NUMBERS.

43,177
45,143
64,349
101,535
128,601

613,692

828,937

103,391

18,247
6,304
772
831

1,098,015
6,476,002
5,538,625
5,293,426

44,749
209,255
662,832
1,342,280

85,639
30,647
32,747
28,627

153,766
33,955
110,160
30,767
45,039

6,691,220
1,774,627
2,415,922
1,067,934
1,039,208

1,401,492

75

762
3,357
14,880
8,739
20,103

1,423,703
2,702,388
571,658
433,200

18,713
54,509
117,994
74,620
77,973

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

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

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

83
98
104
118

22
44
54
69

119
102
163
324

2,271
1,167
1,722
1,194

65
50
64
84

17,591
20,793
21,925
24,883

9,470
19,160
23,452
29,891

728,337
625,631
1,003,128
1,991,368

657,042
337,826
498,274
345,550

67,011
51,656
66,566
87,311

May
June
July
August.

60
130
250
115

149
115
73
98

350
404
169
110

1,061
1,194
1,454
1,604

153
64
56
94

12,585
27,367
52,912
24,288

64,130
49,442
31,307
42,474

2,148,293
2,481,290
1,034,756
672,533

306,938
345,578
420,805
464,273

158,149
66,793
57,854
97,525

September..
October
November..
December..

*16
49
49
71

42
157
245
105

79
84
87

1,292
1,564
1,670
1,772

54
67
89
64

'3,359
10,248
10,322
14,959

<52,081
67,929

258,144
482,036
512,997
531,986

373,727
452,498
483,264
512,619

55,518
69,509
92,074
65,710

97

253

156
71
114

1,383
1,784
2,034

20,409

109,064

956,328
438,592
702,355

400,069
516,227
588,675

72,424

100
155
723

1OO
83
30
32
28

86
30
4
4

1OO
105
149
235
298

1OO
179
1,055
903
863

2,291
4,639

4
16
70
41
95

356
79
255
71
104

1,090
289
394
174
169

4,843
4,920
9,339
1,976
1,497

18
53
114
72

1931.
January
February
March
April

20
35
40
19

186
68
107
69

310
372
110
219

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

14
24
16
41

87
88
48
77

September..
October
November..
December..

74
65
81

1922.
January
February
March
April

1909-1913 monthly a v . .
1914 monthly average..
1915 monthly average..
1916 monthly average..
1917 monthly average..
1918 monthly
1919 monthly
1920 monthly
1921 monthly
1922 monthly

1923.
January
February
March
April

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

100

105,954
45,174

May..
June..
July..




I
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.
8
Largely pnosphate rock.
* Covers first 21 days only, during which period the old tariff law was in effect; remaining 9 days included with October.

89,519

107

CHEMICALS—PRODUCTION AND PRICES.
Table 60.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA.
Based on data from Government and non-Government sources.
[Base year in bold-faced type.]

PRODUCTION.*

YEAR AND
MONTH.

COXSUMP- STOCKS1
TION.1

Acetate Wood
Wood,
of
carbonlime. alcohol.
ized.

PRODUCTION.1

WHOLESALE PRICES.

phuric
and
Essen- Crude
Wood, pharma- tial4 drugs.5 Chem- I| acid
icals.s
66°
ceutioils.
New
cals.3

Wood,
Acetate Wood
carbonof
ized.
lime. alcohol.

Thousands of
pounds.

Relative to 1913.

Gallons.

Dollars
per 100
pounds.

Cords.

B.—NUMERICAL DATA.

A.—INDEX NUMBERS.
1913 m o . a v .

1OO
1OO

Wood.

York. 7

Relative to August, 1914.

1914 m o . a v .

Sulphuric
acid
66°
New
York.7

Sul-

Drugs I

Relative to 1920.

WHOLECON- |
SUMP- STOCKS.1 SALE
PBICE.
TION.1

» 100

1OO

100 |
ioo

I

jSl.OO
I; l . o o

1915 m o . a v .

129

I

!

'i

1916 m o . a v .

200 j;
169 I
I

i
i

J 2.00
'; 1 . 7 0

1917 m o . a v .

212

1918 m o . a v .

1.30

1.60

1920 m o . a v .

100

100

1OO

100

196

265

202

255

1921 m o . a v .

39

46

42

84

129

158

134

153

163
95
112
91

1922 mo. av .

81

87

81

108

120

137

174

155

76

28

33

31

90

129

165

136

143

90

3,355

29

31

28

88

126

159

135

147

90

3,474

21

25

22

83

125

151

130

148

90

2,603

24

24

23

82

123

142

126

158

90

29

31

29

81

119

138

123

147

41

37

85

117

138

126

151

54

57

51

84

116

135

127

147

70

72

64

102

118

137

132

145

90
85 |
85 [
85 i

3,552
4,785
6,517
8,465

197,230 | 21,670 j 688,899
258,599 !]' 28,491 j 721,696
362,317 ! 38,982 I 714,027
458,553
48,382 ' 865,258
,

.90

39

8,330
7,993
9,660
7,390

468,818 ! 49,559
457,656 j 49,465
534,812 | 57,874
416,112
43,775

.80

7,064 |
7,495 !
8,718 !
9,253

889,219
404,847 | 44,496
50,207 ! 904,909 ;
441,149
943,793
475.376
56,570
58,887
881,858
508,644

279

1919 m o . a v .

1921.
May
June
July
August
September
October
November
December

201

1922.
January
February..
March
Apnl
May
June
July....
August.
September
October
November
December
1923.
January...
February..
March
April

213

185

242

j

1.00

I;
635,438 76,028 846,204 j|
291,697 ! 32,064 j 714,302
911,211
550,594 ,
61,371 j
9,883

12,150
4,704
!|

211,078
198,675
160,724
155,020

74

65

103

117 !

136

134

144

72

65

111

115 |

136

139

148

84

76

105

135

155

156

65

58

106

116 j
in |

135

177

158

80
80
80
84

116
115 !
115
115

135
133
130
135

177

177

159
157
156
152

80
80
71
70

121
128
°13f
137

131
122
121
123

182
195
196
204

149
154
160
164

74
73
70
70

9,537
12,217
15, 440
16,814

135

124

208

173

132

125

239

176

133

128

253

178

16,544 . 933,171
13,894 ; 773,179
15,569 j 831,784

132

134

253

180

70
70
70
71

58

64

62

69

72

75

74

76

80

77

105
107
112
104

78
101
127
138

85
105
132
148

78
98
126
135

111
113
109
104

136

147

137

114

122

112

95

128

131

120

91

177
178

537,803
664,933
835. 6.87
942,008

762,013 ;
742,857 !
702,445 j
697,566 '

23,483
21,641
16, 827
17,744

875,010
936,S59
899,781
895,826

1.12
.91
.80

.90
.90
.90
.90

.85
.85
.85

.80
.80
.84
.80
.80
.70
.70

59,486
937,748
956,425
74,5*2
95,530 I 926,351
102,650 ! 881,603

.70
.70
.70
.70

833,767
807,782
769,174

.70
.70
.70
.70

104,180
85,105
91,273

May..
June..
July..
I

i Compiled from reports of the National Wood Chemical Association 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.
i August, 1914.

• 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
year 1919. Thefiguresare averages of weekly prices.
i Wholesale average monthly price of sulphuric acid from United States Department of Labor, Bureau of Labor Statistics.




108

FATS, OILS, AND RAW MATERIALS.
Table 61.—INDEX NUMBERS.
Based on data from Government sources.1
[Base year in bold-faced type; numerical data on opposite page. ]

ANIMAL FATS, GREASES, AND DERIVATIVES.
TOTAL ANIMAL FATS.
Y E A R AND M O N T H .

Production.

Consumption.

TOTAL GREASES.

Stocks.

Consumption.

TOTAL DERIVATIVES.
Production.

Consumption.

100
103
142
80

100
107
129
182

100

109

100
90
95
85

82

135

Production.

132
106
87
105

111
105
93
81

93
100
78
90

Stocks.

Stocks.

Relative to 1919.
100
133
164
127

100
124
122
136

100
97

93
114
111
96

143
166
118
103

132
129
115
119

119
100
102

139
135
114
127

106
108
106
106

167
232
137
121

128
127
111
123

74
89
82
106

140
157
148
121

101
162
155

80
88
93
92

104
99
77
101

144
141
124
148

100
90
91
104

129
179
117
84

142
140
119
142

119
118
112
127

105
85
67
62

183
151
176
218

101
91
114
130

103
69
72

103

96

199

128

80

100
112
129
139

100
103
107

1920.
Jan. 1 to Mar. 3 1 . . .
Apr. 1 to June 30...
July 1 to Sept. 30...
Oct. 1 to Dec. 3 1 . . .

124
119
94
109

1921.
Jan. 1 to Mar. 3 1 . . .
Apr. 1 to June 30...
July 1 to Sept. 30...
Oct. 1 to Dec. 3 1 . . .
1922.
Jan. 1 to Mar. 3 1 . . .
April 1 to June30...
July 1 to Sept. 30...
Oct. 1 to Dec. 3 1 . . .

1919 quarterly average..
1920 quarterly average..
1921 q u a r t e r l y a v e r a g e . .

1922 quarterly average..

1923.
Jan. 1 to Mar. 31....

119

150

RAW MATERIALS FOR VEGETABLE OILS.
PEANUTS—HULLED.i

COPRA.

FLAXSEED.

CORN GERMS.

YEAR AND MONTH.

donsumption.

stnrks ' Con«Jon» t o c K S - i| sumption.

storks
»tocKs.

Conuonsumption.

,
SHOCKS.

con-

Sf

|j

Stocks.

sumption.

Relative to 1919.
100

1919 quarterly average.
1920 quarterly average..

1OO

60

100

48

100

100

100

64

104

250

1921 quarterly average..

18

50

26

84

53

105

192

1922 quarterly average.

3

82

48

101

58

99

141

73

90

128

109

103

156

56

42

101

51

104

250

61

31

112

49

106

209

49

30

55

45

103

353

1920.
Jan. 1 to Mar. 31
Apr. 1 to June 30....
July 1 to Sept. 30...
Oct. 1 to Dec. 31
1921.
Jan. 1 to Mar. 31
{ Apr. 1 to June 30
July 1 to Sept. 30...
Oct.ltoDec.31....
1922.
Jan. 1 to Mar. 31
April 1 to June 30...
July 1 to Sept. 30....
Oct. 1 to Dec. 31
1923.
Jan. 1 to Mar. 31




5
6
10
12

1,161
8
12
10
36

10
9
3

41

14

63

52

103

101

13

33

13

74

48

103

169

9

63

49

96

44

94

179

14

12
4

64

30

104

68

122

320

4

97

69

108

41

109

93

3

75

47

96

61

66

83

2

64

29

91

76

90

170

2

93

47

108

56

139

217

107

32

104

81

134

91

See footnote on page 113.

109
FATS, OILS, AND RAW MATERIALS.
Table 62.—NUMERICAL DATA.
From Government sources.1
[Base year in bold-faced type; index numbers on opposite page.]

ANIMAIi FATS, GREASES, AND DERIVATIVES.
TOTAL ANIMAL FATS.

TOTAL GREASES.

TOTAL DERIVATIVES.

ProducContion. sumption. Stocks.

ProducContion.
sumption. S t o c k s .

Y E A R AND M O N T H .

ProducContion.
sumption. Stocks.

i

Thousands of pounds.

1919 quarterly average.

367,518

144,308

138,071

69,648

51,565

67,374

264,740

208,804

183,695

1920 quarterly average.

410,676

149,276

183,033

86,384

50,273

69,695

284,478

204,039

165,241

1921 quarterly average.

473,351

154,017

226.668

85,258

45,150

95,407

340,325

183,764

174,864

1922 quarterly average.

511,436

138,982

175,396

94,626

61,249

53,711

480,906

227,104

156,808

457,460
436,845
346,900
401,499

134,460
163,829
160,077
138,737

197,143
229,794
163,105
142,090

92,231
90,129

54,927
66,925
66,036
90,892

348,321
280,087
230,681
278,824

232,593
219,040
194,382
170,141

170,567

80,290
82,884

61,535
51,677
52,675
35,204

164,487

512,557
496,082
419,742
465,024

153,439
155,957
153,237
153;434

230,025
320,015
189,089
167,542

89,311
88,433
77,492
85,794

38,068
45,699
42,174
54,657

94,633
105,859
99,407
81,728

252,894
267,532
429,836
411,036

166,644
183,151
193,489
191,771

191,337
181,377
141,169
185,571

144,620
129,838
131,879
149,592

177,468
247,235
161,034
115,848

98,823
97,772
83,206
98,702

61,234
60,635
57,658
65,469

70,463
57,445
45,029
41,907

483,256
398,792
465,527
576,049

209,989

Oct. 1 to Dec. 3 1 . . .

530,176
516,487
456,441
542,641

271,779

179,186
188,476
126,595
132,975

1923.
Jan. 1 to Mar. 31. . .

650,926

147,979

132,060

107,725

77,517

47,314

526,803

268,134

146,423

1920.
Jan. 1 to Mar. 31
Apr. 1 to June 3 0 . . .
July 1 to Sept. 30...
Oct. 1 to Dec. 3 1 . . . .

183,186
142,725

1921.
Jan. 1 to Mar. 3 1 . . . .
Apr. 1 to June 3 0 . . .
July 1 to Sept. 30...
Oct. 1 to Dec. 3 1 . . . .
1922.
Jan. 1 to Mar. 31
April 1 to June 30...
July 1 to Sept. 30...

189,511
237,138

RAW MATERIALS FOR VEGETABLE OILS.
PEANUTS—HULLED.

COPRA.

CORN GERMS.

FLAXSEED,

YEAR AND MONTH.

Consumption.

Stocks.

Consumption.

Consumption.

Stocks.

Stocks.

Consumption.

Stocks.

Tons.
1919 quarterly average.
1920 quarterly average.
1921 quarterly average.

35,426
2,980
2,931
2,581

11,148
33,184
2,001
319

42,153
25,276
21,161
34,674

22,184

10,665
5,869
10,705

36,645
36,395
30,830
36; 889

842
536
448
491

172,934
179,382
182,182
170,371

29,853
74,703
57,409
42,019

1,709
2,276
3,716
4,218

129,474869
1,330
1,064

30,921
23,808
25,784
20,591

19,901
9,366
6,786
6,606

46,987
37,163
41,105
20,323

915
430
415
382

177,397
179,402
183,168
177,561

46,484
74,539
62,485
115,302

2,822
4,325
1,584
2,992

4,021
1,450
970
1,564

17,372
14,113
26,382
26,776

3,100
2,821
10,849
6,705

22,978
27,088
35,012
38,242

441
406
370
576

177,611
177,285
162,747
211,086

30,063
50,557
53,354
95,662

463
344
191
277

40,844

Oct. 1 to Dec. 3 1 . . .

3,492
3,046
893
2,893

39,148

15,299
10,507
6,542
10,472

39,464
35.086
33,279
39,726

343
510
641
470

187,968
96,358
156,316
240,843

1923.
Jan. 1 to Mar. 3 1 . . .

1,161

541

45,239

7,070

38,243

1922 quarterly average .

1920.
Jan. 1 to Mar. 3 1 . . . .
Apr. 1 to June 3 0 . . .
July 1 to Sept. 30...
Oct. 1 to Dec. 3 1 . . . .
1921.
Jan.
Apr.
July
Oct.

1 to M a r . 3 1 . . . .
1 to June 3 0 . . .
1 to Sept. 3 0 . . .
1 to Dec. 31
1922.

Jan. 1 to Mar. 31
Apr. 1 to June 30...
July 1 to Sept. 3 0 . . .




31,741
26,964

See footnote on page 113.

232,183

27,806
24,852
50,763
64,656

27,136

110
ARGENTINE MOVEMENT OF GRAIN AND FLAXSEED.
Table 63.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA.
Based on data from commercial and trade sources,1
[Base year in bold-faced type.]

SHIPMENTS.*

SHIPMENTS.'

VISIBLE SUPPLY.*

Wheat. Corn. Oats. Flaxseed.

Wheat.

Corn.

Flaxseed.

Wheat.

Corn.

Oats.

VISIBLE SUPPLY.*
Flaxseed.

Wheat.

Corn.

Flaxseed.

YEAR AND MONTH.

Relative to 1913 or 1914.

•

Thousands of bushels.

\.—INDEX NUMBERS

B.—NUMERICAL DATA.
1

I 1913 monthly average
1914 monthly average
1915 monthly average
; 1916 monthly average
| 1917 monthly average

100

1918 monthly average
1919 monthly average
1920 monthly average
1921 monthly average
1922 monthly average

1OO

1OO

8,611
3,002
7,681
7,027
2,745

35

149

1OO

179

219

194

82

60

90

63

396

299

326

15

30

14

1,83

106

71

104

11

60

39 |

276

103

<209

116

40

37

82

116

178

359

179

91

46

100

164

195

200

62

60

125
92

158

108
104

394

59

45
32

147

140

63

30

61

71

46

275

70

32

50

85

93

29

412

104

18
11

66

186

143

23

440 !

157

49

153

255

17

549 •

43

38

82

329

137

821 !

86

65

35

122

255

172

385

69

123

79

280

143

229

330

36

113

88

97

71

149

275

20

79

72

149

357 '

63

51
9

125

27

. .

37

97

14

.

83

67

112

September.
October
November.
December

40

92

32

May
June
July
August

71

89

1921.
January .
February
March
April

1OO

99

100

114

192

243

12

51

19

58

122

137

192

32

55

23

155

114

92

495

January

87

37

43

76

229

69

275 ••

February
March
April

223
321

86
50

57
46

302
385

35

80
80
68

272
186

219

48
28
22

286

80

385

May

137

54

29

149

247

158
154

43
51

55
25

J09
112
161

214

June
July
August

143
129

92
69

99

45

25

154

71

34

220
220
137

137

15,770
11,204
14,435
9,428
2,352

5,118
2,036
3,408
4,618
1,557

3,336
2,761
3,222
2,099

8,959
9,965
15,383
5,308
12,017

1OO

1OO

1,700
6,234
14,378
9,412
9,325

3,055
1,903
2,357
2,298
1,626

1 223
6,054
8,927
13,503

9 943
5,081
2,874
1,695

9,655
7,379
5,923
3,133

467

4,641
10,256
4,740

3,496
5,193
7,647
10,445
3,717

1,304
2,752
3,324
4,174
3,064

7,130
2,992
4,240
3,814
4,101

3,617
6,233
6,830
3,767
3,633

< 1,520
2,617
1,457 |
2,867
1,708

1 520
2,557
3,373
2,525

2 022
2,820
6,203
5,109

1 850
2,405
3,700
6 600

1 600
1,000

2 000 i
3,000
3,200
4 000

6,782
10,259
19,466
17,772

1,969
1,798
4,040
4,506

2,720
4,075
9,344
3,236

8,510
6,600
3,700
1,850

4,800
6,000
8 000
5,200

6 000
2,800
2 400
2,000

1,726
2 336
1,055
2 782

12,487
9 990
7,978
8 616

2,632

1 193

4,163
3,302
1,934
5,162

1,859
2 590
3,145
2 960

5,200
4 000
4,800
3 200

2,600
1 400
1,400
3 600

7 530
19 213
27,600
18,852

5 788
7,603
4,485
3,398

2 196
4 414
2,556
1,789

2,538
2,662
2,661
2,271

5 920
7 030
4,810
7,400

2 400
2 000
1,600
2,800

2 000
2,220
2,800
2,800

11 782
13 622
13,265
8,482

8,491
6 842
8,001
7,168

1,461
2 809
1,290
1,258

3,627
3 749
5,380
5,129

5,550
3 700
3,328
1,850

5,200
3,200
2,400
1,200

1.800
1,600
1,600
1,000

5,234
5 199
6,449
6 972

9,790
16,356
16,335
17 637

501

317

1,861
2,563
2,296
2,025

1,850
1,850
2,590
3,330

4,000
7 600
7,200
4 000

1,000
1 000
1,000
2 400

11 525
18,263
18,661
17,773

13,358
4,426
1,956
2,629

6 248
6,025
3,177
1,374

6,851
6,229
7,403
6,280

4,440
5,180
7,400
8,510

1 600

2 000
2,600
4,000
4,800

480
978

2,588
964

800
600

728

1,415
2,374
515

j

1922.

September
October .
November
December

61

. .

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

62

10

56

71

60

104

16

77

71

114
217

137

75

104

100

206

137

112

2
6

69

81

61

129

114

330

134

85

122

205

172

46

275

212

28

118

187

200

23

357

217

12

62

222

286

549

206

17

27

188

329

659

(

812
107

800

...

July

j

1
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.
1
Monthly figures are totals of weekly figures with first and last week of month prorated.
1
At end of week nearest end of the month.
* Ten-month average.




Ill

VEGETABLE OILS.
Table 64.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA.
Based on data from Government sources,1
[Base year in bold-faced type.j]
LIN- LINSEED SEED
OIL
OIL. CAKE.

COTTONSEED OIL,
CRUDER

VEGETABLE
OILS.

Shipments Stocks Pro- I Ex- Total
2 imend of ducfrom
Minneapolis. month tion. ! ports. ports.'

YEAR AND
MONTH.

Relative to 1913 Relative to 1919.

LIN- LINOLEOMAR- | SEED SEED COTTONSEED
OIL
GARINE.
OIL. CAKE. OIL, CRUDER

VEGETABLE
OILS.

OLEOMARGARINE.

Pro- Conduc- sumption. tion.'

Total
Eximports.8 ports.4

Production.

Shipments
from
Minneapolis.

1913 monthly av..

100
78
65
70

1917 monthly a v .
1918 monthly a v .
1919 monthly a v .
1920 monthly a v .
1921 monthly a v .
1922 monthly a v .

73
61
66
52
54

61
53
61
40
50

54

!

I*.—NUMERICAL D A T A .
100
3 100
3 99
3
100
3 105 | 105

15,210
11,868
9,862
10,662

198 !
241 !
254
254
147
127

161
227
245
253
148
126

11,158
9,271
10,026
7,856
8,157
8.156

109
58

3 1OO
3 124
3 96
3 141

41
36
61
58
76
24

3 172
3 305
3 316
3 334
3 133
249

154
147
135
71

245
139
127
74

99
161
52
213

195
178
194
161

191
171
180
175

43

68
51
27
21

65
61
78
70

116
74
91
141

104
64
94
150

119

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

1 0 0 I;
69 I
57 !
62

100
61

85
110
100
110
107
59

106
99
100
91
99 |
71

30,166
20,684
17,188
18,706

|:
I
j
!

18,428 j:
15,998 |;
18,473 |;
12,009 I
15,068 j
10,790 !

I
!
!

5,152 J 19,345 1
1
6,125 I 19,483 1
1
9,354 j 17,747 1
1
9,306 ; 12,446

51,167
102,678
111,508
99,669

92,222
184,674
182,890
131,336

| 8,239
j
| 10,744
|
! 10,822
|
! l 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

15,745
15,356
9,283
4,159

97,567
68,996
54,907
31,682

103,646
90,735
72,758
24,345

12,114
9,825
10,459
4,785

49,060
50,008
81,270
64,363

16,167
14,620
15,970
13,930

16,887
12,195
15,263
13,686

7,952
8,271
5,795
5,536

4,452
3,607
4,248
5,297

23,801
12,194
6,897
10,039

12,858
7,217
7,232
13,354

3,373
2,810
2,298

65,851
52,606
50,735
38,830

13,863
12,530
12,280
13,043

12,765
10,040
14,974 I
11,754 I

136
136
167
168

11,237
11,702
11,014
9,955

15,164
16,357
15,642
20,172

54,906
96,872
115,247
106,988

98,608 :
|
178,406 I
183,522 |
!
140,569 I

174
166
166

10,051
8,404
8,080
8,661

17,371
13,407 I
15,372 I
15,930 I

92,129
83,667
60,137

145,292 I

75
49
20
17

September..
October
November..
December..

55
57
49
39

27
42
52
59

53
107
116
104

1922.
January
February...
March
April

42
44
48
40

52
51
31
14

101
72
57
33

94
82
66
22

42
34
36
16

229
234
380
301

134
121
132
115

142
103
129
115

6,457
6,648
7,232
6,069

May
June
July
August

52
54

15
12
14
18

25
13
7
10

12
7
7
12

12
10

308
246
237
182

115
104
101
108

108
85
126
99

September..
October
November..
December..

74
77
72
65

50
54
52
67

57
101
120
111

89
162
166
127

15
18
47
42

U28
258
194
293

118
148
157
174

58
44
51

96
87

132
91
56

32
23
18

295

168

55
53

1923.
January
February...
March
April

167
166

22,688
20,297
21,361
20,814
12,317
7,614
11,120
17,803

36
37
52
66

27

23,566
21,589
23,481
19,507
14,055
8,900
11,005
17,112

55
67
61
64

8,357 ] 10,869
10,260
11,190
9,220 I 15,541
9,700 ! 19,799

100,403
62,170

2,584

I
;
j|
1
1
1
1

19, 044
26, 877
29, 081
30, 014
17, 518
14, 969

13,967
13,012
16,774
15,065

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

84

23,937
29,217
30,733
30,790
17,840
15,389

71,782 I 47,291 j 19,613
47,299
33,462
17,747
18,763
23,556 1 7,922
1
29,561 | 6,054
|
16,197

61 I
61 I

21

I

^36, 850
3 65, 295
3-67, 495
3 71,390
3 28,499
53, 298

21,251
34,479
11,162
45,605

174
176
171
121

30

11,788
10,437
17,599
16,863
21,964
6,978

82,238 j 117,305

11,861 j
11,798 I
11,787 I
12,404 I

167,472 170,569 ; 71,291
•
169,156 I 162,623 i| 40,305
164,327 I 149,306 j I 36,811
116,364 I 78,810 I 21,489

64
65
59
41

34 I
40 I

k

29,042 321,387
102
. . . J i 17,758 3 26,441 |*12 ,002
|j 31,641 3 20,636 |«12 ,151
I! 16,977 3 30,133 !*12 ,709

105,437 I 109,372
96,213 I 110,445
105, 656
100,955
102, 898
109,099
57,011
78,290

1921.

January
February..
March
.
April.......

Consumption**

Thousands of pounds.

Relative to 1913.

A.—INDEX NUMBERS.

1914 monthly a v . .
1915 monthly a v . . |
1916 monthly a v . . I

Production.

Stocks,
end of
month.

4,279 7 27, 452
5,330 55,073
41,595
13,701
12,180 62,732
9,218
6,619
5,232

63,112

14,232 I 16,113
17,944 16,180
19,028 19,806
21,060 19,965
20,378

20,633
19,722
19,722

May
June
July
1
Except shipments of linseed oil and cake and meal from Minneapolis Chamber of Commrece. The sources of the other data are: Imports and exports of vegetable oils
from the U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce; Cottonseed oil 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.
2
Includes cottonseed, corn, and linseed oils.
8
These figures are for fiscal years beginning July 1 of year stated.
* The following oils areincluded: Chinesenut, cocoa butter, coconut, cottonseed, olive (inedible), olive (edible), palm, palm kernel, peanut, rapeseed, soya bean. Whore
certain of these are reportedi n gallons, they have been converted into pounds, allowing 7} pounds per gallon.
6
Colored and uncolored ,as represented by tax-paid withdrawals.
e Figures for 1917 to 1922 are monthly averages of cottonseed-oil production and stocks on hand at the end of the month during cotton crop years (beginning August 1
of the preceding year and ending July 31 of the year to which the figure is credited).
7
Covers first 21 days only, during which period the old tariff law was in effect; remaining 9 days included with October.




112

VEGETABLE AND FISH OILS.
Table 65.—INDEX NUMBERS.
Based on data from Government sources.1
[Base year in "bold-faced type; numerical data on opposite page.]
TOTAL CRUDE
VEGETABLE OILS.
Production.

YEAR AND MONTH.

Consumption.

TOTAL REFINED
VEGETABLE OILS.
Production.

Stocks.

Consump,
tion.

Stocks.

COTTONSEED OILCRUDE.
Production.

Consumption.

PEANUT OILCRUDE AND VIRGIN.

Stocks.

Production.

Consumption.

100

100
40
20
13

100

Stocks.

Relative to 1919.
1919 quarterly
1920 quarterly
1921 quarterly
1922 quarterly

average.
average.
average.
average.

100
82
87
75

100
80
79
72

1930.
Jan. 1 to Mar. 31
Apr. 1 to June 30
July 1 to Sept. 30
Oct. 1 to Dec. 31

105
48
43
132
113
57
56
123

96
73
51
96

1922.
Jan. 1 to Mar. 31
Apr. 1 to June 30
July 1 to Sept. 30
Oct. 1 to Dec. 31

84
35
51
130

82
50
47
110

97

100

75
66
64

74
76
57

100
74
79
67

100
124
104
79

83
63
65
88

112
67
44
99

1921.
Jan. 1 to Mar. 31
Apr. 1 to June 30
July 1 to Sept. 30
Oct. 1 to Dec. 31

100

89
65

98
67

51

100
15
44
26

|

106
54
29
107

74
56
80
85

150
145
86
118

114
25
15
166

128
58
19
138

128
41
30
141

6
11
16
28

29
48
54

190
136
138
91

86
54
50
72

|!
|;
i

103
66
38
96

74
93
85
65

143
117
45
109

135
43
40
138

140.

149
34
45
90

31
53
45
48

21
19
25
14

78
61
34
50

|j
'
!

75
30
24

69
49
67
84

124
66
34

74
12
33
141

92
29
19
130

50
11
49

51
31
6
15

22
16
12
4

28
20
5
7

109

54

100

100

85

103

1933.
Jan. 1 to Mar. 31

J
'

j

74
59
56
67

COCONUT OR COPRA
OIL—CRUDE.
Y E A R AND MONTH.

Production.

Consumption.

Stocks.

C O R N OIL—CRUDE.

Production.

Consumption.

Stocks.

39
127

LINSEED OIL.

Production.

Consumption.

139
15

T O T A L F I S H OIL.

1 Produc-

Consumption.

Stocks. ! tion.

Stocks.

Relative to 1919.
1919 quarterly average.
1920 quarterly average.
1921 quarterly average.
| 1922 quarterly average.

100
61
52
86

1OO
70
57
72

100
60
47
72

100
101
91
109

100
101

1920.
Jan. 1 to Mar. 31...
Apr. 1 to June 30..
July 1 to Sept. 30.
Oct. 1 to Dec. 31...

74
58
62
50

93
70
53
63

56
65
65
54

132
102
116
54

125
99
113
63

1921.
Jan. 1 to Mar. 31..
Apr. 1 to June 30..
July 1 to Sept. 30.
Oct. l t o Dec. 31..

43
37
64
66

58
50
62
59

42
45
50
51

64
78
103
114

60
71
87
103

72
84
70
61

Il
l

63
94

67
59
70
92

129
95
104
125

109

88

100
82

55

1922.
Jan. 1 to Mar. 31...
Apr. 1 to June 30..
July 1 to Sept. 30.,
Oct. 1 to Dec. 31...
1923.
Jan. 1 to Mar. 3J.




100
101
119

1OO
113
126
183

1OO
120
152
154

100

100

201
152
231

123
200
301

104
107
111
106

123
123
121

104
118
159

51
242
319
190

188
110
91
104

90
69
111
135

73
91
121

105
105
95
121

81
141
138
146

187
127
106
189

13
31
284
279

114
137
175
371

119
136
120
99

94
88
101
77

110
62
91
140

157
196
188
192

237
148
106
125

24
108
540
252

167
320
395
320

73
109
133
103

137

98
109
119

1OO
107
107
101

207

109

57

231

69

113

91
84
85

See footnote on opposite page.

1C5

113
VEGETABLE AND FISH OILS.
Table 66.—NUMERICA1 DATA.
From Government sources.1
[Base year in bold-faced type; index numbers on opposite page.
TOTAL CRUDE
VEGETABLE OILS.

Production.

Y E A R AND MONTH.

Consumption.

Stocks.

TOTAL REFINED
VEGETABLE OILS.
Production.

Consumption.

Stocks.

COTTONSEED O I L CRUDE.

PEANUT OILCRUDE AND VIRGIN.

Stocks.

Production.

357,501 329,038 1 1 1 , 2 7 1

Production.

Consumption.

Consump- Stocks.
tion.

Thousands of pounds.
1919 quarterly average
1920 quarterly average
1921 quarterly average
1922 quarterly average

578,748
471,776
504,318
434,658

635,803 506,533
511,121
504,034
459,447

378,498
332,003
324,227

I 710,472

466,795 357,407 283,591
344,575
354,760
266,122

21,902

53,088

24,038

352,768
293,529
223,992

263,612
283,729
240,124

285,347
317,757
232,600

283,350
323,940
221,954

94,597
88,668
57,301

3,271
9,683
5,599

21,267
10,639
7,086

33,354
13,453
3,594

142, 724
45,507
33,357
156,801

1,207
2,311
3,498

15,166
25,624
28,779
15,498

45,571
32,691
33,166
21,989

I

1920.
,

605,931

,

422,606
319,008
327,692
444,688

494,688
251,416
134,228
497,967

264,127
200,612
286,368
303,342

424,016
410,244
243,293
333,517

406,334

276,403 i 427,625
250,289 ! 277,387
766,481
628,997

51,875
594,291

422,783
192,412
63,185
455;02l

052,230
329,053
325,521
710,468

611,266
465,952
326,390
612,525

437, S04
273,298
253,595
363,313

481,294
309,791
179,066
448,890

264,764
331,487
305,542
233,124

406,697
332,772
126,3S5
308,262

481,779
154,281
142,990
491,979

459,680
288,757
128, S50
418,473

166,078
37,851
50,576
100,167

6,825
11,633
9,833
10,442

11,213
10,352
13,354
7,635

18,848
14,761
8,121
12,080

1922.
Jan. 1 to Mar. 31
Apr. 1 to June 30
July 1 to Sept, 30......
Oct. 1 to Dec. 31

487,796
523,292
202 045 % 316,395
294,453 | 297,309
754,337 ! 700,790

376, S07
297,830
283,997
33S.272

349,726
141,128
111,421
402,214

244,851
176,337
239,911
299,396

352,302 | 263,993
254,089 I 43,768
96,297 | 119,195
193,278 ! 503,442

301,788
95,775
64,025
426,226

55,117
12,194
54,906
106,988

11,074
6,831
1,236
3,256

11,552
8,487
6,260
2,045

6,699

1923.
Jan. 1 to Mar. 31

562;311

279,963

331,733

250,66S

!
2S2,109 | 306,389

358,307

60,137

1,700

2,354

Jan. 1 to Mar. 31
Apr. 1 to June 30
July 1 to Sept. 30
Oct. 1 to Dec. 31
1931.
Jan. 1 to Mar. 31
Apr. 1 to June 30
July 1 to Sept. 30
Oct. 1 to Dec. 31

,

654,620

COCONUT OR COPRA
OIL—CRUDE.
Production.

Y E A R AND MONTH.

Consumption.

Stocks.

CORN OIL—CRUDE.

Production.

Consumption.

Stocks.

L I N S E E D OIL.

Production.

4,876
1,141
1,661

979

TOTAL FISH OIL.

Consumption.

Stocks,

Production.

Consump- Stocks.
tion.

Thousands of pounds.

105,564 155,220

24,350

22,408

8,027

113,232

47,286

65,425

8,230

9,791

44,609

73,525
60,274
75,721

93,277
73; 143
111,401

24,655
•21,870
26,623

22,692
17,987
25,369

6,589
7,093
7,236

121,318
120,703
114,361

53,551
59,706
85,754

78,457
99,611
100,718

16,507
12,490
19,008

12,046
19,559
29,446

45,225
52,873
46,684

39,682
31,047
33,607

98,501
73,475
55,623
66,499

87,287
100,593
101,219
84,009

32,213
24,928
28,221
13,256

27,998
22,211
25,272
14,153

7,271
6,703
6,845
5,537

117,226
121,407
126,138
120,502

58,219
57,944
57,310
40,731

67,842
64,371
77,503
104,111

4,188
19,943
26,284
15,612

18,373
10,796
8,863
10,153

40,109
30,767
49,714
60,310

1921.
Jan. 1 to Mar. 31...
Apr. 1 to June 30..
July 1 to Sept. 30...
Oct. 1 to Dec. 31...

23,062
19,900
34,439
35,588

61,531
52,771
64,992
61,802

65,447
70,239
77,219
79,667

15,670
19,028
25,004
27,779

13,395
15,848
19,568
23,135

5,469
5,841
7,335
9,726

118,787
118,781
107,716
137,528

38,134
66,505
65,324
68,861

122,308
83,144
69,601
123,391

1,038
2,585
23,384
22,952

11,194
13,453
17,139
36,450

53,296
60,467
53,637
44,093

1922.
Jan. 1 to Mar. 31
Apr. 1 to June 30
July l t o Sept. 30
Oct. l t o Dec. 31

53,404
47,444
34,217
50,460

70,448
62,046
73,597
96,794

112,014
131,001
108,557
94,031

26,984
23,917
26,626
28,964

28,904
21,306
23,307
27,957

7,546
7,073
8,139
6,186

124,941
70,349
103,400
158,753

74,396
92,605
89,096
90,917

155,252
97,034
69,036
81,551

1,940
8,892
44,433
20,765

16,387
31,324
38,720
31,354

32,737
48,412
59,547
46,038

1923.
Jan. 1 to Mar. 31..

58,750

93,368

85,996

28,222

25,803

5,672

155,148

97,669

71,629

4,694

1919 quarterly
1920 quarterly
1921 quarterly
1922 quarterly

average.
average.
average.
average..

53,886
32,805
28,247
46,381

1920.
Jan. 1 to Mar.31...
Apr. 1 to June 30..
July 1 to Sept. 30..
Oct. 1 to Dec. 31...

I

27,507 I 30,886

i The figures given on pages 108, 109, 112, and 113 represent the movement of certain more important vegetable and animal fats and oils, as reported quarterly by the
Bureau of (he Census, Department of Commerce. The data cover factory production, factory consumption, and factory and warehouse stocks. The stock figures reler
to the amount on hand at the end of each quarter.

43622°—23




8

114
FARM PRODUCTS, WHOLESALE PRICES.
Table 67.—INDEX NUMBERS.
Based on data from Government sources.1
[Base year in bold-faced type; numerical data on opposite page.fl

WHEAT
FLOUR.

YEAR AND MONTH.

WHEAT.

StandWinter
ard
straights,
patents,
Kansas
MinneCity.
apolis.

No. 1,
northern
spring,
Chicago.

RYE.

No. 2,
red
winter,
Chicago.

No. 2,
cash,
Chicago.

OATS.

CORN.

COTTONSEED
OIL.

By
sample,
fair to
Cash,
good
Chimalting, cago.
Chicago.

Cash,
contract
grades
No. 2,
Chicago.

Summer,
yellow
prime,
New
York.

BARLEY.

CATTLE.

HOGS.

Steers,
good to Heavy,
choice,
Chicorn
cago.
fed,
Chicago.

SHEEP.

Ewes,
Chicago.

Lambs,
Chicago.

100

R e l a t i v e to 1913.

1914 m o n t h l y average.

100
111

1915 m o n t h l y average..

145

1913 m o n t h l y average.

100
107

100
114

146

147

100
102

100
121

133

172

100
98

100
112

113

132

100
111
117

1916 m o n t h l y average.

159

158

155

137

175

139

121

132

1917 m o n t h l y average..

249

274

254

231

294

210

170

262

191S m o n t h l y average..

268

245

224

305

207

206

257

1919 m o n t h l y average..

%278

281

239

241

195

186

255
226

100
91
94
147
212

100

100

100

106
102
113
151

100
85
115
188

108
127
153
220

277
332
212
108
139

193
206
170
103
111

210
218
170
101
112

241
200
187
73
124

222

116
97
85
83

116
110
112
103

111
110
113

74
79
86
94

140
121
129
132

104
119
141
207

207

1920 m o n t h l y average..

277

301

285

256

294

202

212

1921 m o n t h l y average..

182

183

161

146

191

102

103

93

1922 m o n t h l y average..

159

159

1-10

126

139

101

105

100

January
February
March
April

210
200
191
173

216
207
208
181

204
185
181
160

199
195
170
141

259
234
227
211

120
110
114
102

121
115
115
101

109
106
104

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

191
197
194
177

198
200
179
167

175
168
150
142

159
146
125
125

231
202
192
168

105
102
103
101

104
100

99
98
98
91

104
118
121

99
95
99
103

97
116
116

88
57
62
66

151
138
133
125

September..
October
November..
December..

182
162
156
150

174
164
153
152

150
142
134
137

130
121
119
119

167
139
126
135

97
89

102
92
94
97

86
75
77
77

136
122
114
115

98
1C4
101
97

95
95
82
81

67
62
59
81

113
109
112
135

April

153
174
170
178

153
174
176
176

141
153
148
152

121
140
138
141

127
156
160
164

93
101
103
102

100
106
105
104

91
92
94

118
139
159
158

96
102
103
99

118
124
122

112
130
151
149

156
182
187
170

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

176
164
170
153

174
167
162
144

158
137
142
129

138
118
117
107

166
139
135
114

109
97
103
91

107
99
99
89

99
98
103
100

162
154
147
136

101
104
114
122

125
122
121
104

126
100
117
114

160
147
163
160

September..
October
November..
December..

138
140
146
148

139
149
148
152

124
129
134
140

109
119
129
134

112
122
136
140

94
106
108
110

102
115
118
122

102
111
116
117

117
127
130
134

126
120
123
124

110
112
99
99

105
114
137
133

167
173
180
191

1923.
January..
February.
March
April
,

145
146
145
152

145
145
146
149

131
136
133
137

128
138
134
139

137
136
130
134

104
107
106
107

117
122
123
124

114
118
118
127

149
150
163
162

115
110
109
106

94
98
95

148
143
153
161

182
188
183
168

204
128

1921.

1922.
January
February
March

May..
June..
July..




See footnote on opposite page.

115
FARM PRODUCTS, WHOLESALE PRICES.
Table 68.—NUMERICAL DATA.
From Government sources.1
[Base year in bold-faced type; index numbers on opposite page.]
COT- I

WHEAT
FLOUR.

YEAR AND MONTH.

Standard
patents,
Minneapolis.

WHEAT.

! No. 1,

north-

Winter
straights,

ern
spring,
Chicago.

Kansas
City.

No. 2,
red
winter,
Chicago.

Per barrel.

RYE.

BARLEY.

No. 2,
cash,
Chicago.

By
sample,
fair to
good,
malting,
Chicago.

OATS. | CORN.

Cash,
Chicago.

Cash,
contract,
grades
No. 2 ,
Chicago.

TON- ! CATi
SEED i TLE. HOGS.
)
OIL. i
Summer,
yellow,
prime,
New
York.

Steers,
I
good to
choice, Heavy, Ewes, Lambs,
corn Chicago. Chicago. Chicago.
fed,
Chicago.

Per
I pound.

Per bushel.

Per 100 pounds.

$4,584

88.507

$8,365

5.096

4.125

$0,913
1.041

$0,986

1914 monthly average

1.005

.768

.615

.419

.695

.066

9.039

8.361

5.044

8.115

1915 monthly average

6.663

5.612

1.344

1.307

1.092

.704

.496

.730

.068

8.702

7.131

5.929

9.233

$0,636

$0,625

$0,376

$0,073

$7,794

1913 monthly average

83.847

$0,625

SHEEP.

$4,687

1916 monthly average

7.264

6.091

1.417

1.351

1.113

.867

.455

.825

.106

9.573

9.615

7.166

10.017

1917 monthly average

11.391

10.551

2.321

2.278

1.871

1.315

.637

1.637

.154

12.809

15.705

10.332

16.092
17.325

|

10.304

2.235

2.209

1.940

1.305

. 775

1.605

.201

16.424

17.600

11.288

1919 monthly average

11.998

10.695

2.563

2.357

1.534

1.217

.700

1.597

.241

17.496

18. 244

9.351

16.125

1920 monthly average

12.675

11.579

2.600

2.522

1.873

1.263

.796

1.414

.154

14.486

14.187

8.744

15.904

1918 monthly average

1921 monthly average

8.338

7.051

1.467

1.437

1.214

.635

.387

.580

.079

'

8.764

8.447

3.414

9.994

l'»22 monthly average

7.282

6.130

1. 2S2

1.238

.883

.633

.396

.623

.101

;

9.438

9.393

5.787

13.183

10.925

1921.
January

9.625

8.295

1.861

1.961

1.647

.750

.454

.681

.084

9.840

9.305

3.450

February
A arch
f

9.181

7.962

1.688

1.919

1.488

.688

.430

.665

.070

9.312

9.156

3.688

9.438

8 730

7 993

!

1 650

1 679

1 446

.714

.432

.649

.062

9 563

9 463

4.031

10 031

April

7.950

6.980

I 1.461

1.386

1.339

.635

.378

.578

.059

8.719

8.225

4.406

10.313 •
11.790 •

May

8.745

7.625

1.600

1.568

1.467

.657

.392

.616

.072

8.425

8.195

4.125

June

9 006

7 700

1 531

1 438

1 284

638

377

.613

.075

8 094

8 125

2.688

10.781 !

July

8.900

6.895

i 1.370

1.229

1.222

.645

.370

.613

.086

8.406

9.725

2.906

10.3S8 j

A ugust..

8.120

6.418

1.294

1.237

1 1.065

.629

.359

.569

.088

8.775

9.690

3.075

9. 740 i

September

8.318

6.681

i 1.365

1.276

i 1.060

.607

.384

.538

.099

8.375

7.950

3.156

8. 813

October

7.425

6.3Q5

'

1.298

1.193

.882

.553

.346

.469

.088

8.875

7.945

2.915

8.490

7.170

5.900

I 1.226

1.176

.804

.554

.354

.482

.082

8.563

6.838

2.750

8.719

6.881

5.860

1.254

1.177

.858

.548

.364

.482

.083

8.219

6.744

3.781

10. 500

November

.

December
1922.

7.000

5.875

1.285

1.196

.809

.582

.375

.484

.086

8.150

7.765

5.260

12.170

February.

7.975

6.700

1.400

1.382

6.781

1.352

1.357

.393

.572
.575

.101
.115

8.638

7.813
8.144

.633
.644

.398

March
April

.992
1.021

8.731

9.900
10.338

6.094
7.094

14.175
14.563

6.785

1.386

1.391

1.043

.640

.393

.588

.115

8.406

10.206

6.989

13. 219

May

8.060

6 675

1 446

1.356

1.056

.679

.403

.618

.117

8.615

10.425

5.900

12.475

June...
July

7.500
7 788

6.406
6 235

1.249
1 292

1.160
1 152

.886
858

.608

.372

.112
.107

10.228
10.090

11.438

.371

8.863
9.700

4.688

.641

.609
.643

5.475

12.735

August

6.995

5.525

1.178

1.057

.723

.568

.335

.622

.099

10.375

8.688

5.344

12.438

January.

. . .

September

6 344

5 360

1 129

1 071

715

590

384

.635

.085

10.713

9.169

4.938

13 031

October

6 435

5 719

1 178

776

660

.432

.691

.092

10.245

9.360

5.325

13.500

November

6.713

5.706

1.228

1 177
1.273

.868

.678

.445

.722

.094

10.500

8.244

6.438

14.050

December

6 775

5 860

1 274

1 325

890

689

459

.734

.097

10.581

8.256

6.219

14.869

14.175

1923.
January
February

6 630

5 569

1 199

1 258

872

.649

.441

.711

.108

9.780

8.180

6.950

6 713

5 569

1 244

1 360

.864

.666

.457

.737

.109

9.356

7.838

6.719

14.613

March

6 625

5 600

1 216

1 321

.827

.663

.462

.740

.118

9.263

8.163

7.150

14.250

April

6.956

5 744

1.253

1.320

.853

.670

.466

.793

.117

9.015

7.965

7.565

13. 055

May
June

1

JuJy




1

From U. S. Department of Labor, Bureau of Labor Statistics, averages of weekly quotations.

116
CROP PRODUCTION.
Table 69.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA.
Based on data from Government sources.1
[Base year in bold-faced type.]
WHEAT.
CORN.

Winter.

OATS.

Total.

Spring.

BARLEY.

RYE.

TOTAL,
BREAD
GRAINS.

RICE.

POTATOES.

APPLES
(total).

HAY,
TAME.

TOTAL
VALUE
OF
CROPS
(2)

YEAR AND MONTH.
Relative to 5-year average, 1909-1913.

A.—INDEX

NUMBERS.

1909-1913 average

100

100

100

100

100

100

100

100

100

100

100

100

100

1914 final estimate

155

84

119

99

101

107

123

104

99

115

143

106

107

1915finalestimate

153

144

149

111

137

126

155

123

121

101

130

13a

121

1916 final estimate

109

64

93

95

111

100

140

99

171

80

110

138

159

1917 final estimate

94

91

93

113

141

116

180

117

145

124

94

126

236

1918finalestimate

128

145

134

92

136

141

261

112

161

115

96

116

251

1919 final estimate

172

85

141

104

105

81

216

110

175

91

81

131

270

1920 final estimate

138

91

121

118

132

104

173

122

218

113

127

133

191

1921 final estimate

136

88

119

113

95

85

177

109

157

101

56

125

122

1922 final estimate

133

110

125

107

107

102

274

111

175

127

115

147

157

June estimate

138

101

124

115

105

231

3112

102

161

July estimate

129

101

119

106

105

100

235

108

163

120

108

137

August estimate

123

107

117

111

111

105

228

113

162

123

114

141

September estimate—

i»

113

119

106

111

107

228

110

162

123

117

141

October estimate

123

109

118

105

109

108

228

109

164

121

115

141

November estimate

123

109

118

107

109

108

228

110

164

121

116

141

December estimate

133

110

125

107

107

102

274

111

175

127

115

147

1922.

1923.
June estimate
|

July estimate
August estimate

Thous.
of tons.

Thousands of bushels.
B.—NUMERICAL

1909-1913 average
1914 final estimate

441,602 245,059 686,697
684,990

206,027

891,017

2,708,334 1,131,175 181,886
2,672,804

1,141,060

194,953

Millions
of dollars.

DATA.

34,916

4,743,008

42,779

4,942,613

23,926 3 5 6 , 6 2 7 176,482
409,921
252,200
23,649

6 5 , 9 8 7 $5,702
6,112
70,071
6,907

1915 final estimate

673,947

351,854 1,025,801

2,994,763

1,549,030

228,851

54,050

5,852,525

28,947

359,721

230,011

85,920

1916 final estimate

480,553

155,765

636,318

2,566,927

1,251,837

182,309

48,862

4,686,253

40,861

286,953

193,905

91,192

9,054

1917 final estimate

412,901

223,754

636,655

3,065,233

1,592,740

211,759

62,933

5,569,320

34,739

442,108

166,749

83,308

13,479

1918 final estimate

565,099

356,339

921,438

2,502,665

1,538,124

256,225

91,041

5,309,493

38,606

411,860

169,625

76,660

14,331

1919 final estimate

760,677

207,602

968,279

2,816,318

1,184,030

147,608

75,542

5,191,777

41,985

322,867

142,086

86,359

15,423

1920 final estimate

610,597

222,430

833,027

3,208,584

1,496,281

189,332

60,490

5,787,714

52,066

403,296

223,677

87,855

10,909

1921finalestimate

600,316

214,589

814,905

3,068,569

1,078,341

154,946

61,675

5,178,436

37,612

361,659

99,002

82,379

6,934

1922 final estimate

586,204

270,007

856,211

2,890,712

1,215,496

186,110

95,497

5,244,026

41,965

451,185

203,628

96,687

8,961

June estimate

607,333

247,175

854,508

1,304,664

191,246

80,815

3 5,290,978

179,810

106,000

.Tuly estimate

569,276

247,660

816,936

2,860,245

1,186,626

181,586

81,998

5,128,457

39,085

428,607

189,549

90,400

August estimate

541,809

263,392

805,201

3,016,950

1,251,156

191,507

79,623

5,344,414

38,700

439,900

202,000

93,100
92,886

1922.

September estimate

541,809

276,665

818,474

2,874,759

1,255,004

193,850

79,623

5,221,710

38,810

438,398

206,567

October estimate

541,809

268,314

810,123

2,853,399

1,229,774

196,431

79,623

5,169,350

39,159

433,015

203,667

92,886

November estimate

541,809

268,314

810,123

2,896,108

1,229,774

196,431

79,623

5,212,059

39,159

433,015

205,539

92,886

December estimate

586,204

270,007

856,211

2,890,712

1,215,496

186,110

95,497

5,244,026

41,965

451,185

203,628

96,687

1923.
June estimate
July estimate
August estimate
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 Agricultural
Economics.
2
Estimated total value of all crops based on prices at the farm on Dec. 1.
3
June figures for total grains include corn as estimated on Tuly 1.




Ill

FRUITS, VEGETABLES, AND HAY.
Table 70.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA.
Based on data from Government sources.1
[Base year in bold-faced type.]
CITWHITE
RUS
POTAFRUIT.2 TOES.

APPLES.

YEAR AND MONTH.

Coldstorage
holdings.s

ONIONS.

HAY.

!

APPLES.

J
Relative to 1919.

106

102

76

91

70

80

Car-lot shipments.

Receipts.

Number of carloads.

Tons.

B.—NUMERICAL DATA.
1,839

6,950

11,397

1,304

1,587

75
92

4,754

12,055

1,596

191S m o n t h l y average..

108

84

63

94

105

103

1,865

5,737

1919 m o n t h l y average..

100

100

1OO

1OO

1OO

1OO

1,735

6,796

126

111

97

124

3,946

8,580

1921 m o n t h l y average..

166

118

139

121

111

58

2,883

8,042

1922 m o n t h l y average..

172

114

108

133

124

64

2,977

7,735

1920.
September.
October
November.
December..

162

34

120

211

104

31
240
391

549

58

208

282

80

544

37,284

340

143

166

168

4, 162

23,087

131

168

64

68

6 787

8,875

1920 m o n t h l y average..

HAY.

Coldstorage
holdings. 3

A.—INDEX NUMBERS.
1916 m o n t h l y average..

ONIONS.

Thous. of
barrels.

Receipts.

Car-lot shipments.

1917 m o n t h l y average..

CIT- ; WHITE
RUS ! POTAFRUIT.2 TOES.

11,043

3,417
5,398
5,975
7,500
5,836

1,811
3,147
7,708
9,084

14,105

1,835

12-1,870

15,005

1,740

120,675

14,627

2,163

119,102

18,206

1,932

69,948

19, 9S3

2,166

76,873

125,388

18,058

3,675

31,233

4,910

97,009

24,852

2,918

101,363

9,612

1,186

109,982

9,789
9,276
11,210
10,617

13,871

2,038

98,005

11,884

1,769

94,419

16,087

1,724

79,284

14,847

2,511

63,861

1921.
January...
February.
March
April
May....
June
July
August.

26
8

181

92

117

81

6, 384

6,046

172

79

102

78

4, 718

6,698

84

208

107

66

5,695

41

197

53

3, 650
2,210

2,819.

22

368
272
210
127

161

96

139

46

1, 119

1,496

8,712

14,461

2,423

55,519

6

144

118

47

45

445

422

7,7")0

17,645

822

54,752

131

September.
October
November.
December.

18

94

114

85

47

1,220

5,063

17,041

1,482

56,819

50

67

107

118

57

3,384

3,613

16,115

2,048

68,515

193

68

174

193

50

3,667

26,040

3,362

46

517

94

288

64

792

5,076

43, 250

2,608

210

213

150
72

54

3,643

6,103

16, 729

1,248

54

5,739

13,146
35,117
14, 464
5,991

9,178

10, 496

1,148

60,801
76,960
65,717
64, 727

16,663

1,781

13,181

1,022

113

111

170

331

70

1922.
January...

313

62

164

111

102

69

5,429

February.

249

69

128

88

59

61

4,313

4,217
4,682

March

178

43

167

148

42

57

3,090

2,933

April

111

26

137

134

178

54

1,930

1,761

8,841
6,928
8,998
7,407

May

54

17

115

137

134

54

944

1,146

6,205

June

18

18

71

148

54

66

314

1,192

3,855

July

3

56

2,387

2,421

4,312

1,980

35

45

122

75

50

63

August

37

117

126

70

205

35

159

251

77

84

431

84

225

269

62

November..

318

276

132

132

116

December..

389

121

190

77

January . .

374

120

198

107

February.

310

92

179

90

March

223

79

205

153

April

132

40

September..
October

145

1,452

71

5,521

71

6,743

57

5,376

69

3,877

67

2,292

6,481

110

81
76

13,903
29,313
18, 740
8,229

8,171
6,257
5,362
2,699

22,224

724

20,131

3,102

20,530
22,136
18, 3S1
17,530

2,325

10,244

23,795
33,711
19,547
11,589

10, 706
9,659
11,045

1,888
4,519
7,101

945
1,298
2,201

83,594
73,125
68,723
65,177
64,8S7
83,510
60,067
84,163

1,526

92,749
74,362
85,988
86,132

16,049

1,909

83,423

13,481

1,398

69,014

22,917

1,413

83,359

21,745

1,315

80,969

4,361
4,687
2,018

May..
June..
July..
1

Except receipts of hay at 11 principal markets, which are compiled from weekly reports to the Hay Trade Journal; other data compiled by U. S. Department of

Agriculture,

Bureau of Agricultural

Economics.

* Oranges, lemons, and grapefruit.
1
As of 1st of the month.




118

MOVEMENT OF CEREALS.
Table 71.—INDEX NUMBERS.
Based on data from Government and non-Government

sources.1

[Base rear in bold-faced type; numerical data on opposite page.!
WHEAT
FLOUR. -

YEAR AND MONTH.

ConProduc- sumption. > tion.
Relative
to 1914.

1913 monthly a v . . .
1914 monthly av
1915 monthly av.
1916 monthly a v . . .
1917 monthly av
1918 monthly a v . . .
1919 monthly a v . . .
1920 monthly a v . . .
1921 monthly a v . . .
1922 monthly a v . . .

WHEAT.
Visible
supply. 3

Stocks.

BARLEY.

CORN.

ShipReceipts. 4 ments. 4

Visible
sup-3
piy-

Relative to 1919. j Relative : Relative to 1919.
to 1913.

Relative
to 1913.

Ship- GrindReceipts. * ments^ ings.

RYE.

OATS.
Visible
supply.

Receipts at principal
interior markets.

Relative to 1919.

Relative to 1913.

100

300

1OO

1OO

93

105

91

82

1OO
127

ioo

100

107

114

96

61
108

183

111
126

93

140

109

106

104

150

132

138

116

118

70

148

120

136

f

102
101

51

1

60

69 '

125

141

71

64

116

1 oo

73

103

82

103

165

153

146

68

106

1OO

1OO

144

1OO

100

41

100

1OO

129

86

215
308

137

114

93

128

94

101

95

127

86

117

71

120

109

121

42

287

86

89

104

105

76

134

115

122

256

189

214

116

37

199

86

270

108

114

77

177

111

116

315

219

244

133

37

414

92

268

92

83

68

144

92

96

190

262

41

170

81

193

84

62

130

67

75

294

175

196
152

75

73

87

23

108

55

196

94

64

69

72

78

420

227

239

96

34

101

74

195

97

95
98

63

82

74

91

303

77

154

86

24

119

47

177

May

87

98

54

52

86

113

211

142

241

112

28

106

62

173

June
July.
August

83

77

57

41

96

105

326

235

244

109

43

113

99

198

110

95

75

69

129

208

118

216

198

107

216

124

89

96

203

161

190

244

100
138

34

137

197
218

71

480

197

347

138

143

88

170

195

202

158

244

305

424

92

355

143

126

111

233

132

266

230

239

44

232

125

98

260

81

217

103

144

147

23

154

106
52

401

105

144
98

145
157

56

91

115

82

264

76

68

323

265

197

143

19

181

65

389

98

110

77

235

362

347

332

123

25

97

80

210

55
72

57

95

58

533

389

360

142

26

March
April

100
81

119

64
60

194
173

64
50

71
54

607
470

207
97

270
136

159
100

36
21

May
June
July
August

83

89

58

132

92

128

371

181

32

90

58

95

67

110

208

127

36

106

97

75

79

126

173

294

126

126

124

86

86

193

108
245

393
265

268
220

112

84

119

163

246

129

136
141

88
94

154

183
153

161
141

166
124

235

255

217

1921.
J anuary
February
March
April

September
October
November
December

96

!

!

397

1922.
January

. . . .

February

September
October
November
December
1923.
January
February
March
April

140
138

85

80

387

87

251
110

74
45

405
371
321

353
141

94

275

85

25

111

81

245
211

135

45

1,088

123

220

216

146

56

263

161

51

926
608

108
115

207
204

;
•

144

96

248

135

137

153

160

161

153

45

605

113

189

114

135

82

266

144

122

217

250

158

109

47

550

101

1S6

104

114

78

274

119

95

263

250

255

132

42

555

109

177

97

98

82

264

69

54

356

209

187

127

2X

367

77

69

68

372

175

182

142

38

284

90

159
13S

70

63

113

101

120

82

126

249

May
June
July




98
123

1

See footnotes on opposite page.

119

MOVEMENT OF CEREALS.
Table 72.—NUMERICAL DATA.
Based on data from Government and non-Government sources.1
[Base year in bold-faced type; index numbers on opposite page.]
WHEAT FLOUR."
Produc- sCon-p um
tion,
tion.

YEAR AND MONTH.

WHEAT.

ShipVisible
Visible
ReReStocks. supply. 5 ceipts .* ments. 4 supply. 2 ceipts.4

I

51,378

9,703
9;338
9,919
9,815

1914 monthly average.
1915 monthly average.
1916 monthly average.
1917 monthly average.

9,317
11,091
9,146
10,102
10,467

1918 monthly average.

47,725
31,220
55,640

18,861

26,330

21,619

14,198

8,404
8,857
15,352
10,476
5,346

Receipts at principal
Interior markets.

21,158
17,447

32,517

16,335

19,919
23,252
24,318
23,107

8,655
3,444
5,999
21,539
26,476

24,774
14,995
17,985
28,409
32,814

7,435

4,664

73,833

9,058
8,385

5,276

9,438

10,233

4,952

6,907

1,294
1,648
1,809
1,936
1,912

13,525
8,845
9,653
18,949
21,552 ;

6,142

2,777
3,988
3,712
2,573
5,353

28,335

18,512

19,264

5,566

6,118
7,746
3,815
3,321
3,367

19,063

22,298
15,478
40,968
46,738

16,717
11,316
15,253
9,731

33,632
34,142
33,903
30,740

12,855
20,570
22,152
40,690

30,114
34,401
37,562
60,455

19,016
21,994
10,841
13,420

61,824
69,917
69,198
67,728

67,423
70,470
64,644
55,837

8,237

8,943

65,353

7,148

69,030

9,283

7,220

91,060

8,924
7,066
9,100
9,368

6,764

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

3,147

3,754

2,203

3,670

2,075

1,398

4,023

3,111

1,304

3,588

2,137

1,5-14

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

8,406
8,087
10,720
13,266

7,989

5;100
5,400
7,090
8,363

26,875
21,027
35,493
49,369

27,000
30,172
61,994
68,643

22,517
21,001
25,741
52,464

17,708
27,363
17,519
13,490

21,319
35,240
17,658
29,381

21,282
21,576
19,127
21,565

4,696

2,551

1,369

4,577

3,859

1,465

4,195

3,073

2,557

5,772

6,387

6,208

September..
October
November..
December..

13,349
13,917
10,166
8,856

11,660

87,197
119,943
133,702
135,823

61,406
41,568
25,576
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

6,092

5,086

5,488

6,569

4,013

3,006

6,174

2,102

1,987

9,365

8,265
10,425
9,241
7.776

6,001

1,704

2,346

9,496

8,991

7,300

7,893

7,500

9,658

9,720

6,000

7,823

6,898

5,700

120,804
107,791
99,764
88,772

17,458
22,700
20,220
15,630

11,335
11,536
14,135
10,684

30,383

9,232

39,502

52,097
58,330
31,035
14,552

29,393
31,842
23,891
12,019

July....
August.

8,073
8,136
10,321
12,271

7,245
7,368
7,909
10,080

67,853
48.816
40,513
44,097

29,070
20,997
39,534
60,644

25,474
21,927
21,612
48,846

31,170
33,068
22,304
10,007

27,083
31,157
25.975
24,380

23,691
19', 463
26,009
21, 728

September
October
November
December

12,540
13,581
13,424
11,049

11,081
11,510
11,708
10,991

7,700

78,958
131,048
127,409
136,893

57; 735
48,300
42,493
45,331

32,081
28,076
27,300
24,280

13, 952
10, 436
12,846
18,236

35, 296
32,477
23,925
37,466

19,136
23,252
14,206
13,991

10,137
9,425

9,326
7,

7,400
7,7 00

140,71
135,
128,085

37,615
21,618
21,746
21,901

18,936
10,740
13,621
12,567

22,133
29,877
31,266

37,558
31,287
26,222
16.976

22,521
16,533
16,090
14,274

1921 monthly average.
1922 monthly average.

1921.
January
February
March
April
•..

1922.
January
February
March
April
May
June

1923.
January.
February
March
April

6,825
7,725
7,976

6,248
7,746
10,126

10,248
10,164

5,500
5.500
7,037
8,100
8,300
8,900
9,100

Visible
supply.

3,817

8,569

1920 monthly average.

OATS.

4,195

37,735

9,433

Grindings.

31,493
27,038
36,369
35,009

1919 monthly average.

8,156

Ship-

RYE.

Thousands of bushels.

Thousands of barrels.
1913 monthly average.

BARLEY.

CORN.

44,767
51,040

5,411
5,055
4,875

20,694 17,415
22,200

19,784

22,651

18,384

27,299

24,025

24,844

23,692

17,800
17,880

6,685

3,291

3,254

4,211

1,881

1,417

16,483
17,711
15,340
9,371

4,705

2,933

5,323

3,269

19,594
17,555
16,811
25,371

47,950
42,743
36,667
38,355

22,418
23,776
23,375
20,955

35,968
35,464
32,940
32,391

22,635
16,023
18,568
16,867

30,861
27,683
24,044
21,932

5,179

2,265

1,267

5,946

2,358

1,589

5,294

2,283

5;650

4,121

4,564
1,824
1,430
14,085

6,108

5,081

11,980

6,733

4,607

6,403

4,104

4,557

4,215

7,868
7,832
7,121

5,530

3,776

7,176

5,336

2,556

4,749

5,946

3,403

3,679

|

!

5,270

May.
June.
July.
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 and receipts and visible supply (at nearest week to end of month) of oats, compiled
by Chicago Board of Trade, from the Price Current-Grain Reporter; receipts of barley and rye compiled from reports of commercial organizations by Federal Reserve Board;
grindings of corn by the wet process in the manufacture of cornstarch, glucose, etc., compiled by the American Manufacturers Association of Products from Corn and comprise the entire production of the United States.
2 Consumption calculated from production, stocks, imports, and exports. Stocks represent flour in all positions, calculated from actual reports bearing a known relation 3to total stocks.
Aggregate stocks in United States and Canada east of the Rocky Mountains, on nearest Saturday to end of the month.
• At principal primary markets.
» For monthly production figures since January, 1914, see page 47 in tbte October, 1922 (No. 14) issue of the Survey.




120

CEREAL EXPORTS.
Table 73.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA.
Based on data from Government sources.1
[Base year in bold-faced type.]
EXPORTS OF GRAIN (Including flour and meal as grains).

YEAR AND MONTH.

Barley
Corn
and | and
barley
corn
flour.2 meal.3

Oats
and
oatmeal.*

Rye
and
rye
flour. r>

Wheat
and

wheat6
flour.

Total
grains.

Barley
and
barley2
flour.

Corn
and
corn
meal.3

Oats
and
oatmeal.4

Rye
and
«rye
flour.3

! Wheat
and
wheat
flour.e

Relative to 1913.

Thousands of bushels.

A.—INDEX NUMBERS.

B.—NUMERICAL DATA.

100

100

100

1,461

4,223

298
291
310

123
736
854
792

102
196
153
118

67
191
168
149

554
2,211
1,874
1,488

874
4,185
4,603
4,751

3,018
223
8,993
8,791
9,370

155
189
1,138
1,320
1,224

93
31
42
260

358
184
45
22
99

879
2,183
3,195
1,622
2,571

146
187
215
249
169

171
173
169
222
201

1,897
3,369
1,489
2,153
1,536

3,922
1,325
1,771
10,997
13,835

10,815
5,551
1,357
698
2,979

205
91
107
43

136
203
324
250

32
19
14
16

3,546
2,482
1,142
1,376

228
194
174
208

204
180
184
186

2,991
1,324
1,567
631

5,753
8,561
13,679
10,559

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

31
94
144
315

206
287
361
331

21
19
20
56

1,329
1,585
604
2,070

266
270
255
562

209
235
237
435

458
1,372
2,108
4,602

September..
October
November..
December..

367
143
172
57

448
224
106
248

22
28
11
19

2,400
1,291
446
1,274

327
213
163
126

326
191
132
139

29
32
57
69

460
527
543
446

17
14
92
67

745
780
615
2,545

126
92
121

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

69
79
172
143

268
280
341
292

103
236
153
76

3,543
3,215
1,803
2,983

September..
October
November..

251
201
107
52

231
244
183
117

161
123
111
30

7,202
1,442

45
82
69

175
211
184

16
32
29

1913 monthly
1914 monthly
1915 monthly
1916 monthly
1917 monthly

average.,
average.,
average.
average..
average.

100

1918 monthly
1919 monthly
1920 monthly
1921 monthly
1922 monthly

average.
average.
average.
average.
average..

130
231
102
147
105

January..
February.
March
April

38
151
128
102

Total
grains.

100
21
99
109
112

100
7

11,907

12,133
23,034
18,230
14,070

20,764
13,973
39,560
34,817
30,903 |

1,359
3,375
4,938
2,512
3,985

17,413
22,259
25,636
29,643
19,337

35,406
35,878 j
35,191 j
46,002 |
41,672

977
575
413
494

5,480
3,836
1,765
2,127

27,105
23,074
20,765
24,801

42,306
37,370
38,189
38,612

8,694
12,139
15,234
13,970

628
569
604
1,677

2,055
2,456
936
3,105

31,624
32,178
30,413
66,963

43,459
48,714
49,295
90,323

5,357
2,082
2,511
830

18,937
9,470
4,475
10,488

678
844
343
573

3,720
2,001
691
1,975

38,950
25,366
19,453
15,014

67,642
39,763
27,473
28,880

176
170
202
174

421
465
836
1,002

19,437
22,254
22,936
18,817

511
436
2,770
2,035

1,154
1,209
954
3,945

14,982
10,991
14,371
10,244

36,505
35,355
41,867
36,043

120
153
160
327

170
208
209
290

1,015
1,153
2,519
2,086

11,306
11,805
14,395
12,325

3,104
7,114
4,631
2,286

5,491
4,984
2,795
4,623

14,267
18,200
19,098
38,964

35,183
43,256
43,438
60,284

2,442

267
211
148
138

295
213
172
129

3,671
2,940
1,563
762

9,769
10,312
7,722
4,944

4,870
3,721
3,356
915

11,163
2,235
5,484
3,785

31r839
25,077
17,579
16,428

61,312
44,285
35,704
26,834

2,229
3,854
892

105
102
90

118
141
105

661
1,191
1,012

7,388
8,894
7,764

497
966
874

3,455
5,974
1,382

12,519
12,197
10,725

24,520
29,222
21,757

1921.

1922.
January..
February.
March
April

December..

j 3,538

1923.
January..
February.
March
April
May..
June..
July..
1
2

Data from U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce. * Oatmeal converted at 5.21 bushels to 100 pounds.
s Ryeflourconverted at 6 bushels to the barrel.
Barleyflourconverted at 5.5 bushels to the barrel.
• Wheatflourconverted at 4.5 bushels to the barrel.
3 Com meal converted at 4 bushels to the barrel.




121

RICE.
Table 74.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA.
Data from Government and non-Government sources.1
[Base year in bold-faced type.]

SHIPMENTS.
RECEIPTS
AT
MILLS. Total
from
mills.

New
Orleans.

YEAR AND MONTH.

STOCKS, END
OF MONTH.
IMEXDomestic at | Foreign PORTS, PORTS
mills in wareand house.
dealers.

RECEIPTS
AT
MILLS.

Total
from
mills.

Barrels
of 162
pounds. 2

Relative to 1919.

New
Orleans.

97

i

house.

196,238

757,281

258,484

1,021,642

237,759

275,513

872,667

285,396

191,510
193,597
212,140
179,760
222,059

682,788

432,807

446,741

67
77 !

and
dealers.

B.—NUMERICAL DATA.
141

7

169,718

80
105

EXIMDomes- i
tic at ! Foreign PORTS. PORTS
mills
in ware-

In pockets of 100 pounds.

A.—INDEX N U M B E R S .

1913 monthly av..
1914 monthly av..
1915 monthly av..
1916 monthly av..
1917 monthly av..

STOCKS, END
OF MONTH.

SHIPMENTS.

142

13

203,340

78

77

93

156

18

107

101

126

92

132

35

105

108

108

111

163

55

468,036
640,627
591; 159

479,349
652,912
642,918

104

114

109

84

168

328

45

633,910

699,754

278,75S

100

100

100

100

609,477

611,661

254,825

87

159

104

100
81

100

105

100
91

104

639,610

554,723

222,175

1,287,057

131

157

125

159

48

47

143

796,277

957,589

318,147

1,291,023

137

130

108

154

39

109

837,657

797,973

275,358

1,253,992

January
February
March
April

106
78
135
160

183
198
170
169

138
145
147
136

299
239
197
196

57
53
49
42

43
36
34
56

127
124
145

647,457
472,774
825,360
973,141

1,121,878
1,210,239
1,037,009
1,036,690

351,341 2,430,782
370,537 | 1,935,844
374,494 | 1,600,937
347,113 | 1,593,049

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

188
72
63
161

232
129
137
149

151
120
130
150

184
130
79
86

46
55
35
41

56
69
14
52

167
235
201
197

1,144,416
439,510
385,328
980,719

1,420,264
787,344
839,608
910,458

384,232
305,436
331,005
382,944

September..
October
November..
December..

126
193
140
145

123
142
122
124

107
81
85
109

85
119
139
155

28
63
55
51

19
86
45
51

174
129
109
114

767,628
1,177,836
855,773
885,383

752,036
871,375
744,597
759,564

159
163
214
51

141
167
196
82

73
131
166
63

185
204
190
165

57
61
38
46

63
39
31
36

75
128
213
135

966,825
992,952
1,301,984
309,256

79
56
53

120
94
63
50

63
51
49

63
25
15
15

100
149
105
83

156
171
164

77
174
247
287

24
(4)

»38
31
78
32

136
121
81
124

281
251
215
194

1918 monthly av..
1919 monthly av..
1920 monthly av..
1921 monthly av..
1922 monthly av..

23,004
41,904
56,327
109,114
172,990
139,944

811,658 257,359 136,090 314,063
268,712
123,070

109,706

327,177

63,532

448,412

52;946

342,952

145,893
136,722
126,950
108,139

58,242
49,298
46,417
76,162

399,020
390,326
455,792
589,076

1,493,210
1,059,100
640,711
696,742

117,425
141,692
90,049
105,255

76,182
94,001
19,182
71,016

524,253
737,697
632,650
619,817

271,444
205,417
215,978
277,821

686,344
968,175
1,128,925
1,258,454

71,272
162,187
140,779
130,482

25,201
117,191
60,589
68,901

545,767
406,029
340,996
359,166

862,554
1,020,375
1,198,126
499,480

185,931
333,436
423,044
161,537

1,505,521 147,276
1,653,294 I 155,881
1,540,545 i 97,920
1,335,899 i 117,115

86,395

236,723
400,867
669,032
422,883

90,891
44,793
21,106
448,897

481,812
283,198
267,552
519,652

200,198
142,528
135,916
226,831

{ 972,422 163,092
j 761,982 ! 131,332
| 515,190 | 126,421
i
| 402,278 107,001

38
48
127
109

909,359
1,913,275
1,780,126
1,272,415

790,466
1,424,934
1,287,207
940,319

243,967
397,074
436,506
417,324

151
106
111

952,293
392,191
395,697
529,193

1,015,520
561,779
654,482
707,736

347,405 2,283,793
308,663 2,039,140
205,855 I 1,743,020
I
315,485 I 1,575,051
;

1921.

1922.
January...
February..,
March
April..

15
7
3
74

79
46
44
85

September..
October
November..
December..

149
314
292
209

129
233
210
154

1923.
January
February
March
,
April

156
64
65
87

166

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

107
116

0)

621,405
1,409,775
2,003,659
2,325,937

61,475

53,447
42,752
48,996
86,100
34,653
20,521
20,664
•51,285
41,744

(*)

105,842
42,948

119,218

312, 840
408,321
329,792
261,182
119,415
152,075
398,S32
343,462

474,538
334,215
347,034

May..
June..
July..
1
Receipts, shipments and stocks at mills from Rice Millers' A ssociation, 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 sDomestic Commerce, data for rough rice being reduced to the equivalent clean rice at 162 pounds of rough to 100 pounds of clean.
Rough rice barrels of 162 pounds are equivalent to clean rice pockets of 100 pounds each.
* Covers first 21 days only, during which period the old tariff law was in effect; other 9 days included in October figures.
4
Because of the confusion resulting from the new tariff schedules, effective Sept. 22,1922, data on foreign goods held in warehouses are not available.




122

LIVE-STOCK MOVEMENT.
Table 75.—INDEX NUMBERS.
Based on data from Government sources.1
[Base year in bold-faced type; numerical data on opposite page.5
CATTLE.

Y E A R AND M O N T H .

Shipments.
Total
receipts. STOCKER
AND
FEEDER.

SHEEP.

HOGS.

TOTAL.

Shipments.
Total
Total
slaugh- receipts. STOCKER
ter.
AND
TOTAL.

Shipments.
Total
Total
slaugh- receipts. STOCKER
ter.
TOTAL.
AND

FEEDER.

Total
slaughter.

FEEDER.

Relative to 1919.

1917 m o n t h l y average..

93

1918 monthly a v e r a g e . .

102

93

95

1919 monthly a v e r a g e . .

100
91

1OO

100

1920 monthly a v e r a g e . .

76

92

1921 monthly a v e r a g e . .

80

66

80

1922 monthly average..

94

92

84

85

97
109
100
91
81
91

85
101
100
95
92
98

100
81
56
65

71

61

67

72

101

83

75

84

81

100

100

100

100

100

100

107

90

83

74

86

87

103

87

89

45

78

102

107

94

82

60

80

84

108

1920.
67

87

114

90

117

113

89

94

99

58

110

95

72

39

67

82

50

82

82

76

36

92

69

90

56

85

95

96

64

91

68

47

80

62

115

98

123

104

111

111

121

103

64

78

57

128

138

135

116

108

132

131

92

75

89

68

134

183

165

118

126

130

106

104

72

117

97

109

148

124

68

63

73

112

50

127

106

45

59

85

46

68

87

126

58

140

120

79

15

57

104

58

38

52

64

107

68

116

103

67

11

48

76

54

67

83

90

108

106

84

77

15

57

100

73

54

76

95

83

74

18

58

94

75

49

67

81

52

85

21

77

77

47

66

88

96

44

82

15

63

65

28

55

74

73

23

77

71

78

24

64

95

91

81

95

87

71

31

78

68

110

70

93

127

93

90
141
113

102

86

71

134

96

112

82

66

76

65

105

53

75

81

114

55

66

72

97

83

64

71

87

91

53

63

79

83
72

87

95

78

83

51

75

105

107

116

116

136

139

143

192

118

September.
October
November.
December..

88

62

May
June
July
August..

67

40

80

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

113
94

78

104

67

116

96

118

114

60

102

79

134

126

138

127

44

109

93

91

88

90

94

47

149

85

73

35

73

76

55

1922.
January...
February.
March
April

81

32

73

90

02

29

54

72

99

89

65

25

56

74

82

75

79

54

17

47

64

100

93

101

75

25

69

81

101

76

106

75

31

64

88

80

41

76

74

35

59

91

97

81

41

61

75

97

97

82

44

97

76

99

91

103

96

176

114

99

65

109

93

146

197

181

101

161

150

100

118

73

126

115

101

131

121

84

81

95

87

134

61

139

133

67

44

59

78

91

64

85

95

142

158

134

72

30

60

85

69

48

63

76

120

85

140

111

29

53

67

73

45

62

84

132

92

143

128

20

53

76

79
79
72

May
June
July...August..
September.
October....
November.
December..

150
111

93

78

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




See footnote on opposite page.

123

LIVE-STOCK MOVEMENT.
Table 76,—NUMERICAL DATA.
From Government sources,1
[Base year in bold-faced type; index numbers on opposite page.]
CATTLE.

YEAR AND MONTH.

SHEEP.

HOGS.

Shipments.
Shipments.
_l Total
Total
Total
slaugh- receipts. STOCKER
receipts. STOCKER
ter.
AND
TOTAL.
TOTAL.
AND
I FEEDER.
FEEDER.

Shipments.
Total I Total
slaugh- receipts. STOCKER
TOTAL.
AND
FEEDER.

Total
slaughter.

Thousands of animals.
1,027
1,185
1,194
1,273
1,228
1,277

2,157
2,572
2,536
2,272
2,194
2,395

1, 618
1, 869
2,265
1, 876
2, 014
1, 859

352
432
578
430
258
346

808
1,011
1,210
1,043
944
969

756
855
1,054
915
1,072
890

1,397
1,308
1,101
958

2,859
2,421
1,754
1,564

1,488
1,640
2,034
2,607

234
227
324
568

818
806
1,029
1,486

706
845
1,002
1,099

37

935
1,068
1,400
1,520

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

4,700
4,009
3,382
3,230

43
51
81
57

1,666
1,391
1,261
1,136

3,032
2, G04
2,119
2,097

1,792
1,516
1,750
1,677

62
88
107

924
1,005
844
997

3,328
3,579
2,727
2,656

39
33
17
23

1,045
1,143
919
931

2,270
2,474
1,808
1,722

1,916
1,850
1,776
2,500

123
89
139
404

926
768
772
1,123

1,015
1,093
1,006
1,335

935
742

2,655
3,214
3,687
3,931

41
45
33
35

951
1,219
1^297
1,775

1,697
1,992
2,370
2,147

2,618
3,042
2,068
1,664

555
731
511
202

1,428
1,668
1,094
881

1,200
1,341
988
804

927
822
994

4,278
3,613
3,411
3,067

27
62
74
56

1,787
1,327
1,181
1,067

2,4S4
2,286
2,246
2,000

1,835
1,400
1,465
1,227

183
169
143
97

656
677
564

761
780
678

780
701
669
1,035

1,086
1,058
1,002
1,106

3,737
3,776
2,980
3,037

70
57
31
31

1,149
1,114
1,025
1,065

2,571
2,677
1,940
1,976

1,692
1,700
1,677
1,951

145
182
204
350

832
777
717
904

852
924
956
1,021

597
845
710
357

1,241
1,569
1,345
847

1,107
1,299
1,138
994

3,062
3,682
4,421
5,004

33
49
55
46

1,153
1,299
1,501
1,657

1,917
2,365
2,918
3,362

2,241
3,311
2,288
1,516

524
1,138
757
256

1,241
2,196
1,465
708

1,008
1,069
881
821

281
210

756
559
554

1,087
870

5,306
4,490
4,926

64

1,887
1,669
1,703

3,395
2,819
3,234

1,636
1,366
1,430

171
169
114

729
646

897
708
805

1,094
2,104
2,054
1,866
1,649
1,933

382
408
440
336
292
406

747
850
894
818
717
887

1,109
1,241
1,141
1,034
923
1,036

3,159
3,766
3,737
3,549
3,425
3,672

1,784
1,887
1,678
1,970

295
272
218
283

783
799
734

992
1,069
940
1,043

4,263
3,709
2,850
2,525

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

47

January...
February.
March
April

1,644
1,190
1,565
1,494

205
1C6
237
238

465
600
612

995
728
948
892

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

1,542
1,580
1,343
1,867

214
209
122
355

597
593
492
846

J 1,906
| 2,311
1,928
1,417

395
622
497
245

911
1,194
• 997

January
February
March
April...

I 1,416
1,622
1,470

233
243
282
235

6^3
586
632
562

May....
June
July
August.

1,878
1,759
1,709
2,149

365
315
223

September.
October
November.
December..

2,373
2,936
2,427
1,825

1,876
1,426
1,502

1917 monthly
1918 monthly
1919 monthly
1920 monthly
1921 m o n t h l y
1922 monthly

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

64
81
75
61
42
49

1920.
May
June
July
August

j
|
j
!

September
October
November.
December..

I

43
27
36

60
54

1921.

September
October
November.
December..

1,101
687
586
935
693 ! 1,053
706 !
988 |

1922.
925

1923.
January...
February.
March
April
May..
June.
July..
1

These figures represent the movement at between 60,and 70 markets; data procured from the U. S. Department of AgricvMure, Bureau of Agricultural Economics.




124
MEAT PRODUCTS.
Table 77.—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, s

Beef
products.?

Relative to 1913.
1913 mo.
1914 mo.
1915 mo.
1916 mo.
1917 mo.

Pork

products.s

APPARENT
CONSUMPTION
OF MEAT.«

PRODUCTIONINSPECTED
SLAUGHTERS

COLD-STORAGE
HOLDINGS. 2

Lamb
and
mutton. 9

Beef.

Relative to 191£

Pork.

Lamb
and
mutton.

Relative to 1913.

Beef.

Pork.

WHOLESALE PRICES.
Beef (fresh).

Pork.

Good
Steer
native rounds, Loins,
fresh,
steers, No. 2, Chicago.
Chicago. Chicago.
Relative to 1913.

Relative to 1919.

av..
av..
av..
av..
av..

100

1OO

1OO

100

1OO

1OO

1OO

1OO

94

89

96

96

98

105

102

103

138

313

106

108

84

100

95

96

147

236

47

67

40

116

116

82

82

153

107

99

109

132

239

78

70

53

137

89

64

96

115

167

124

164

1918 mo. av..
1919mo. av..
1920 mo. av..
1921 mo. av..
1922 mo. av..

229

473

108

94

66

154

117

70

104

129

171

169

198

268

235

1OO

1OO

1OO

131

120

84

100

1OO

180

171

212

156

143

70

99

183

121

111

67

93

149

178

163

207

169

112

43

85

324

109

116

78

82

155

126

111

151

151

106

27

70

41

121

129

67

90

178

116

111

144

172

117

51

105

298

102

116

71

79

140

127

120

150

155

97

46

108

189

114

128

75

88

167

124

118

131

209

132

40

110

104

101

110

67

77

157

115

122

150

213

136

35

101

80

118

94

85

91

152

124

122

192

212

136

28

85

70

119

87

86

89

166

123

110

184

121

94

25

61

71

125

99

93

93

188

127

96

162

110

74

26

45

82

114

118

77

83

175

133

87

121

130

69

33

44

89

99

133

66

74

168

127

83

95

156

67

35

51

77

111

144

72

85

172

119

90

108

168

91

33

60

47

98

123

59

74

141

112

97

114

152

131

31

67

34

119

118

64

89

134

112

101

133

110

101

29

74

34

106

105

56

80

145

112

110

159
160

1921.
May
June
July
August
September...
October
November...
December....
1922.
January
February
March . ..
April
May
June ..
July
August
September...
October
November...
December...

121

141

27

76

25

124

133

63

94

170

112

116

146

146

24

83

27

125

149

70

94

178

112

123

135

163

112

21

94

44

119

117

65

89

167

114

130

160

156

101

20

91

39

127

109

71

95

173

120

125

173

146

102

20

81

40

131

101

72

98

196

120

114

191

153

97

22

61

41

141

113

72

102

196

120

107

173

152

107

28

47

41

134

146

67

93

201

120

107

125

190

79

40

50

43

124

183

61

88

257

120

106

102

1923.
January
February
March
April

239

92

48

68

54

125

188

81

94

209

119

103

104

200

84

48

82

71

.107

156

66

83

175

114

105

105

226

116

42

92

68

112

111

100

38

102

79

112

111

103

May
July

!

;

I

See footnotes on opposite page also.
1
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 Agricultural Economics: production of beef and pork from animals slaughtered under Federal inspection reported by the U. S. Department of Agriculture,
Bureau of Animal Industry. Apparent consumption has been computed from the inspected slaughter plus imports less exports and the change in storage holdings. Wholesale prices are average for the month from U. S. Department of Labor, Bureau of Labor Statistics.
a 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.
» 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, 82 per cent in the case of beef and 91 per cent for lamb.




125

MEAT PRODUCTS.
Table 78.—NUMERICAL DATA.
From Government sources.1
[Base year in bold-faced type; index numbers on opposite page.]

YEAR AND
MONTH.

Pork
products. &

Beef
products.*

Beef
products.?

Lamb
and
mutton.9

Pork
products.s

Beef.

Pork.

WHOLESALE PRICES.

APPARENT
CONSUMPTION
O F MEAT.*

PRODUCTIONINSPECTED
SLAUGHTERS

COLD-STORAGE
HOLDINGS. 2

EXPORTS.

Lamb
and
mutton.

Beef (fresh).

Good
Steer
native rounds, Loins,
fresh,
steers,
No. 2, Chicago.
Chicago. Chicago.

Pork.

Beef.

Thousands of pounds.
1913 mo av 82,058
76,826
1914 mo av
113,205
1915 mo av
1916 mo. av.. 120,932
1917 mo. av.. 108, 209

13,625
12 163
42,609
32,105
32,502

112,462
186,647

609,290
638,684

3,383
4,477

187,554
219,803
128,004
138,308
123,924

64,444
32,053
19,545
15,249
14, 456

258,167
240,140
168,108
104,457
65,900

856,059
912,053
904,425
771,441
034,537

5,580
8,413
15,362
27,222
3,454

June
July
August

141,041
127,908
171,561
174,917

15,911
13,192
18,018
18,499

122,188
109,553
i
96,220
1 8-1,091

954,618
983,380
1,003,562
922,0.39

25,129
15,877
8,714
6,751

September ..
October
November...
December...

173,989
99,202
90, 248
106,440

18,568
12,773
10,043
9,420

67,334
59,822
63,486
80,333

773,852
557,016
408,506
397,590

5,903
5,993
6,840
7,520

1922.
January
February
March
April

127,023
138,055
124,411
90,132

9,109
12,404
17,808
13,735

84,808
78,293
73,781
69,516

462,637
546,100
608, 747
677,253

6,444
3,914
2,863
2,878

99,440
119,855
133 426
127,667

19,145
19,894
15,281
13,751

64,507
56,852
50,706
47,030

690,296

2,071
2,310
3,720
3,308

120,124
125,716
124,574
156,067

13,832
13,165
14, 568
10,780 '

48,291
53,572
67, 814
95;628

739,425

1918mo. av..
1919 mo. av..
1920 mo. av..
1921 mo. av..
1922 mo. av..

Dollars per pound.

343,402

482,846

328 805
:

Pork.

464,139

364,210

521, 302

396,865
469,328

558,919

527, 898

566,370

451,389

580,989

428,233

415,434

538,286

372,858

561,614

417,199

620,503

52,389
51 226
44,125
43,219
33,645

i

$0,131
.133
.124
.130
.162

$0,149
.154
.143
.162
.244

.221
.224
.213
.145
.145

.295
.315
.307
.225
.214

.158
.155
.160
.160

.223
.195
.223
.285

.144
.125
.114
.108

.274
.240 j
.180
.141

.118
.128
.132
.144

.160
.169
.198
.236

.151
.161
.170
.164

.238
.200
.238
.256

.149
.140
.140
.139

.284
.258
.185
.152
.155 I

.145

.135
.138
.145

145

145

153 1

SO. 1 3 0

i

.136
.129

365,063
427,141

429,322
321,411

.138

36,641
43,890
35,255
41,134
34,858

465,686
447,129
413,968
' 365,273
402,488

360,829
279,897
416,303
433,965
496,926

.221

37,367
39,118
35,040
44,433

351,545
394,414
343,882
407,509

390,985
471,333
439,480
424,972

.165

45,290
48,486
40,149
34,558

398,359
414,455
370,210
330,245

464,925
525,838
489,336
469,521

37,515
30,754
33,656
29,299

379, 993
329,038
395,747
356,787

482,083
393,499
375,276
405,764

33,226
36,427
34 033
37,430

418,682
419,197
400,152
425,163

475,985
49S,674
468,760
485,361

.145

37,917
37,777
35,156
35,102

440,185

549,195
548,421
561,360
718,736

.155
.155

.167

.233
.230
.163
.150

1921.
May

May

June
July
August
September...
October
', November...
December...

1

7.7J, 453
861,638
826,535

3,376
3,473
3,458
3,633

558,434
431,921
452,005

351,405

560,758

391,699
347, 792

619,355

406,110

451,662

407,349

422,022

427,661

480, 622

529, 514

392,487

567,622

341,040

642,093

381,718

693,020

336,393

594,090

408, 248

568,137

363,071

508,909

427,393

644,495

429,692

720,687

407,330

567,065

437,813

525,889

448,765

488,252

483, 293
458, 501

547,624

424,178

881,748

706,118

455, 9,86
416,119
392,804

.160
.149
.160
.160
.164
.173
.164

.154
.145
.145
.145

.145
.148
.155

.155
.155
i

1923.
January
February
March
April

196,139
163,745
1S5,197

12,537 :
11,415
15,744

116,255
114,113
100,591
91 327

May
June
July




4,523
5,980
5 758 I
6 632 '

619,317
745,190
842,781
928 952

429,162

907,645

366,801

752,492

42,574
34,831

418,762
368,908

585,633
491,156

i

See footnotes on opposite page also.
meat produced under Federal inspection only.
bacon, ham, shoulders, lard, neutral lard, and canned, fresh, and pickled pork.
fresh, canned, pickled, and cured beef, and oleo oil and tallow.
beef, frozen, cured, and in process of cure.
pork, frozen, dry salt, and pickled, both cured and in process of cure, and lard.
Frozenlamb and mutton.

4
Includes
5
Includes
6
Includes
7
Includes
8
Includes
9

I
.154
.148

. 156 !
. 148 '

126
MILK.
Table 79.—INDEX NUMBERS.
Based on data from Government and non-Government sources.1
[Base year in bold-faced type; numerical data on opposite page.]
CONDENSED AND
EVAPORATED MILK
(case goods).

FLUID MILK.

YEAR AND MONTH.

Receipts
j at
I Greater
New
York.2

Receipts Producat
i tion,
Boston | Minne(includ- apolisins
St.
cream).3! Paul.4

Relative
to 1913.
1913 monthly average

Exports.

ICE
CREAM.

Stocks.^ Production.

Relative i Relative
t o 1920.
to 1919.

Relative to 1919.

100

1914 monthly average

101

1915 monthly average

106

9

1916 monthly average

108

26

1917 monthly average

110

90

1918 monthly average..

118
125
136
143
149

93

1919 monthly average..
1920 monthly average..
1921 monthly average..
1922 monthly average..

100

50
80

77

65

91

1OO

1OO

1OO

1OO

76

48

1OO

111

71

34

79

110

106

109

108

170

115

185

1

22

11)21.
May....

153

119

225

113

13

52

148

June

161

123

229

111

31

79

203

July....

162

118

179

81

24

103

244

August.

149

110

165

89

43

105

174

September.

151

108

137

73

54

78

142

October....

144

106

140

74

45

79

67

November.

124

100

136

58

26

77

December..

134

103

171

55

31

84

January...
February.
March....
April

137

113

192

55

26

84

41

128

104

182

52

28

78

49

148

103

207

62

35

69

66

144

110

192

69

34

62

92

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

166
165
161
154

125
129

226
224
189
155

94

22
22
12
16

65
77
83
72

161
207
222
200
150

1922.

September.
October....
November..
December..

125
US

95
75
67

149

112

146

58

15

70

153

118

160

66

23

55

143

108

160

50

17

39

144

109

53

14

31

1923.
January
February..
March
April

145

110

225

14

134

100

216

18

153

254

May..
June.
July..
See footnotes on opposite page also.

State and parts of Pennsylvania, New Jersey, Connecticut, Massachusetts, and Vermont




127
MILK.
Table 80.—NUMERICAL DATA.
From Government and non-Government sources.1
[Base year in bold-faced type; index numbers on opposite page.]

FLUID MILK.

CONDENSED AND
EVAPORATED MILK
(case goods).

ICE
CREAM.

M I L K DELIVERIES TO M I L K P L A N T S .

For manufacture o—
f

I

YEAR AND MONTH.

ReReProceipts ceipts
duction,
at
at
Great- Boston Minneapoliser
(inNew cluding
St.
York.2 cream) Paul.4

average...! 1,496
average... | 1,513
average...! 1,590
average... 1,613
average... | 1,652

1918 monthly
1919 monthly
1920 monthly
1921 monthly
1922 monthly

average...
average...
average...
average...
average... j

1,763
1,873
2,036
2^144
2,233

Stocks.6

Production.

Total.

Soft
Milk
cheese, chocoice
late,
cream, whole
Butter.
conmilk
densed powder,
milk,
etc.
etc.

Fluid
milk.

Cheese
(American).

1
Thousands of
gallons.

Thousands of pounds.

Thousands of pounds.

1,377
1,904
6,307
18,307
35,705

11,727
12,193
13,059
13,865
14,116
14,953

Exports.

-I:

Thousands of Thoucans, 40 sands
of
quarts quarts.
each.
1913 monthly
1914 monthly
1915 monthly
1916 monthly
1917 monthly

Production.

5,715
7,145
7,786
12,141
13,224

110,639
143,956
109,427
102,751

45,928
71,072
34,252 224,689
24,140
177,099
15,625
147,197

10,470
11,098
12,358
12,193

II

1921.
May:...
June
July....
August.

2,289
2,414
2,427
2,229

15,525
16,054
15,383
14,311

16,098
16,376
12,758
11,773

163,288
160,140
117,015
127,444

9,186
21,700
17,338
30,360

116,55'
178,367
232,374
235,056

16,382
22,516
27,065
19,363

434,411 I 174,457 J 84,621
459,518 182,052 j 96,789
377,353 j 182,790 | 107,963
364,293 | 166,209
72,747

50,770
57,699
25,550
44,994

70,733
59,189
19,426
42,738

2,262
2,155
1,853
2,012

14,045
13,786
13,115
13,484

9,767
9,996
9,739
12,226

105,292 38,061
106,134 32,232
84,072 I 18,126
78,813 j 22,238

174,254
177,672
172,410
188,709

15,725
7,417
5,277
4,526

320,441
196,734
234,332
272,196

176,592 ! 56,510
95,640
31,900
123,120
41,060
140,880 ! 49,425

26,256
25,066
32,938
37,170

35,994
25,089
28,586
15,542
27,604
9,610
34,564 | 10,157

1922.
January
February
March
April

2,050
1,908
2,209
2,156

14,743
13,523
13,438
14,428

13,698
13,031
14,812
13,687

79,366
74,557
88,759
99,861

18,352
19,951
25,006
24,234

189,355
176,332
155,650
139,418

4,518
5,436
7,286
10,231

290,644 | 150,617 • 51,959
273,865 131,235
55,871
353,014 \ 147,449 : 74,033
333,838 ; 95,983
92,983

35,703
38,041
49,942
66,986

41,080
38,350
61,369
43,749

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

2,479
2,475
2,412
2,302

16,287
16,889
16,377
15,402

16,114
16,019
13,509
11,042

134,826
136,528
107,870
96,475

15,711
15,706
8,823
11,247

145,667
173,817
187,367
161,846

17,854
22,922
24,604
22,228

422,697
407,426
353,526
299,451

110,260
110,301
112,272
96,623

125,364
111,458
96,184
77,991

101,505
92,566
77,183
69,397

45,134
46,323
31,211
27,746

40,434
46,778
36,676
27,693

September..
October
November..
December..

2,233
2,285
2,133
2,154

14,589
15,422
14,097
14,243

10,396
11,430
11,439
13,510

83,917
73,449
71,924
76,029

10,549
16,066
12,004
9,850

158,371
122,715
86,788
69,041

16,649

268,880
259,520
183,798
187,381

102,057
110,223
96,378
94,235

67,101
56,174
37,588
42,823

49,044
52,467
34,912
37,693

29,045
26,288
9,108
11,506

21,632
14,368
5,101
1,124

1923.
January
February
March
,
April
,

2,170
2,002
2,295

14,357
13,081
15,080

16,077
15,421
18,118

199,739
215,522
275,167

17,351
106,893

40,341
44,845
57,356

55,355
52,407
76,592

13,308
17,187
26,735

1,896
3,732
7,591

September
October
November..
December.

10,239
12,719

•
!
!
I

53,830
63,789
41,624
37,605

;
j
|
|

11,285
10,368
20,221
34,633

May..
June..
July..
See footnotes on opposite page also.
Receipts of milk, excluding cream, in the metropolitan area around New York City, including many large cities in New Jersey.
Receipts of milk by rail, including cream.
Production of whole milk by members of the Twin City Milk Association, including most of the area within a 40-mile radius of Minneapolis and St. Paul.
6 Production compiled by months but issued quarterly; figures not available at time of going to press.
6
Include bulk goods also and are given as of the first day of the month.

3
3
4




128
BUTTER AND CHEESE.
Table 81.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA.
From Government sources.1
[Base year in bold-faced type.]

Production.

YEAR AND
MONTH.

Coid- WholeReceipts storage sale
holdprice,
at 5
ings
mar- (cream- 5 markets, s
kets.* ery),

Relative to 1919.

BUTTER.

CHEESE.

BUTTER.

Relative
to
1916-20.

Production, s

Cold- WholeReceipts storage sale
holdprice,
at 5
ings
mar- (Amer- 5 markets.* ican).* kets.?
Relative Relative
to
to 1919.
191G-20.

Relative to 1919.

Production.

Cold- WholeReceipts storage sale
hold- price
at 5
t
ings
mar-2 (cream- 5 markets.
kets.e
ery),

Thousands of pounds.

A.—INDEX NUMBERS.
100

92

1918 mo. av
1919 mo. av

100

1920 mo. av

99

120

89

94

104

118

100

100

99

86

72

100
85
91

104

105

100

85

104

68,181
100

83

103

90

82

70

1921 mo. av

121

103

95

1922 m o . av

129

118

94

1921.
January
February...
March
April

81

67

104

85

47

70

92

94

78

61

74

83

51

69

67

81

94

78

48

77

70

78

47

80

111

So

26

74

93

87

38

85

72,344 45,871
71,965 39,269
87,712 47,448
93,095 54,207

58,906
56,556
67,677
80,363

.209
.208
.199
.183

128,554
145,766
129,341
108,727

3,830
68,893
93,139 13,202
92, 829 67, 410
62, 494 103,329

.360
.377
.367
.362

27,979
32,648
30, 728
26,976

18,809
22,756
23,940
19,819

18,980
15,481
33,130
46,287

.175

87,756
81,547
67,253
69,284

46,419 112,039
41,351 96,380
38,678 73,850
38,475 47,773

.410
.466
.494
.526

23,444
25,613
18,113
15,233

17,729
18,238
16,107
13,749

53,625
49,473
40,852
37,291

48,123
40,662
50,409

.506
.492
.485

12,887
12,575
15,573

33,617
26, 593
20,693
14,463

66

105

118

94

60

111,898

154

136

147

76

108

79

111

64

111,638

September
October
November
December

124

110

164

72

92

91

125

117

95

160

78

84

101

121

97

81

138

76

53

83

116

71

99

81

116

73

45

69

92

66

62

74

67

63

70
90
97

58

67

40

64

61

47
51
68
74

66

62
40
16

29

59

127

202

120

62

119

150

136

183

61

105

116
140
147
122

121

101

199

91

113

90

171

79

99

84

131

83

70

99

110

89

1923.
January
February- • •
March
April

109

179

September
October
November
December

61
64

59

84

100

84

51

56

42

61

89

65

125

65

109

144

70

112

133

105

48

85

79

90

83

89

29

83

77

72

80

110

16

82

56

78

9

(*)

39

89,932
84,374
70,024
71,400

71,745
65,764
77,521
83,881

43,785
37,282

26,819
16,122
8,910
4,821

35,077
36,951
27,143
27, 833

19,567 j 13,466
21,619 I 17,814
19,180 | 34,948
12,863 J 41,284

16,382
13,455
11,237

May....
June...
July....
1
2
8
4
5

Data from U. S. Department of Agriculture, Bureau of Agricultural Economics.
Boston, New York, Philadelphia, Chicago, and San Francisco. Total of weekly figures with first and last weeks of month prorated.
Includes whole milk, part skim, and full skim.
Holdings on first day of month.
Production compiled by months but issued quarterly; figures not available at time of going to press.
e Average of weekly prices of creamery butter, 92 score, at Boston, New York, Philadelphia, Chicago, and San Francisco.
* Average of weekly prices of American cheese, No. 1 fresh twins, at Boston, New York, Wisconsin, Chicago, and San Francisco.




.263

10,684 I 27,691
11,319 I 21,430
14,580 15,00-3
15,757 10,745

110

7

.250

12,077
13,076
17,411
19,159

135

23

.251

.365
.375
.371
.363

155

150

I

.293

48,412
35,047
22,582
9,113

130,633

203

11,387 ! 34,115
11,274 I 25,000
12,675 17,477
14,145 14,294

41,697
38,894
44,919
42,694

49

178

12,228
13,122
17,994
23,919

37,172

119,077

48

201

.502
.493
.455
.441

14,841

49

133

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

58,682
41,486
27,103
14,732

38,664 $0,310
38,147
.280
30,585
.216
30,828
.211

23,768
21,615
13,537
11,722

120

143

63

66,410 $0,593 25,771 16,281
59,341
22,126 13,814
.586
53,491
22,076 14,805
.429
52,745
21,871 16,958
.403

.425
.461
.451
.435

136

55

93

22,338

92,292
90,116
77,983
65,129

53

38

98

30,939
27,996
35,593
38,841

37,178
25,850
44,679
38,552

'"I;"

50,546

14

181

85

Dollars
per
pound.

.316
.324
.392
.448

131

181

91

Thousands of pounds.

7,712
21,682
61,991
82,838

165

91
107
116

Cold- Whole-!
Receipts storage sale
hold- price,
at 5
ings
mar- (Amer- 5 markets. 2 ican).* kets.?

60,208
82,882
61,786
62,337

May....
J ime...
July
August.

1922.
January
February
March
April

56,364
51,825
53,939
50,305

70

96

1917 m o . av

Dollars
per
pound.

Production.3

B.—NUMERICAL DATA.

100

1916-1920 mo. av
1916 mo. av

CHEESE.

46,635
45,163
42,969
34,055

.152
.153
.185
.200
.200
.214
.220
.206

.188
.200
.200
.216
.247
.249
.259

.256
.249
.241

j

129

POULTRY, EGGS, AND FISH.
Table 82.—(A) INDEX LUMBERS AND (B) NUMERICAL DATA,
From Government sources.1
[Base year in bold-faced type.]
POULTRY.

YEAR AND MONTH.

Receipts
at 5
markets. 3

EGGS.

Coldstorage
holdIngs.s

FISH,

POULTRY.

ReI Cold- 1 Total
1
ColdColdceipts i storage I catch, storage Receipts storage
at 5 Jholdlngs principal holdat 5 2 hold(case 1 fishing ings.* markets.
1
marings.a
eggs).3 1 ports.
1
kets.s
Ji
tol91G!S>.|| Mativetol919.

Relative to 1919.

Thousands of
pounds.

1916-1920 monthly average..
1913 monthly average
1914 monthly average
1915 monthly average
1916 monthly average

FISH.

ColdTotal
Receipts storage
catch,
Coldat 5 2 holdings principal storage
(case
fishing holdings.
markets.
eggs).3
ports.
Thousands of cases.6

Thousands of
pounds.

B.—NUMERICAL DATA.

A.—INDEX NUMBERS.

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

EGGS.

100

3,689
5 78

& 13,518

5 78

& 13,549
5 14,300 I

6 82

3,118

85

100
97
108
119

100
90
78
94

70

72
82

101
100
73
72

19,804
19,148
21,481

15,999 !

40,352
66,565
46,853
48,224
54,569

1,188
1,027
1,229
1,357

4,472
3,413
4,089
3,355
4,132
5,102

92
107

61
100

16,936 |

18,549 i 62,501
17,358 | 61,764
15,675 | 45,296
13,608 | 44,268
16,260 I 35,288

57

23,554 i

78
68
54
46

24,523
14,260
10,963
10,191

79,025
81,096
79,001
62,315

648
1,168
1,977
2,498

408
43
43
1,926

11,869
14,806
14,059
10,048

48,320
42,116
33,411
28,444

43
52
65
77

10,719
11,874
10,392
15,128

47,651
35,408
27,268
21,188

2,101
1,539
1,129
1,100

4,909
6,844
7,534
7,605

11,920
17,505
14,983
17,267

26,346
32,311
40,160
47,431

95
99

18,400
21,525 |
47,674
62,124

20,064
25,602
34,876
65,167

919
732
399
538

7,210
6,269
4,380
2,403

14,870
16,667
10,235
9,065

54,469
58,899
61,228
59,126

1921.
January..
February.
March
April

124
72
55
51

119
122
119
94

55
98
166
210

11
1
1
52

54
60
52
76

72
53
41
32

177
130
95
93

133
186
204
206

93
109
241
314

30
38
52
98

77
62
34
45

195
170
119
65

115
76
67
57

156
155
133
103

68
86
164
245

24
5

78
124
107
76

78
61
41
28

22,865
15,010
13,189
11,196

103,697
103,350
88, 710
68,470

805
1,026
1,947
2,911

179
13
950

13,539
21,472
18,623
13,160

48,320
37,621
25,475
17, 485

73
82
84
79

76
58
52
46

218
162
131
87

126
218
266
275

87
91
108
116

28
34
41
52

14,552
16,207
16,709
15,571

50,818
38,602
34,837
30,659

2,587
1,929
1,561
1,028

4,648
8,056
9,811
10,161

15,168
15,757
18,738
20,167

17,074
20,818
25,601
32,227

September.
October
November..
December..

87
109
228
371

42
39
45
78

69
59
41
41

260
215
155

102
101
79
55

67

27,671
25,984
30,238
51, 781

815
702
491

79

17,229
21,489
45,171
73,458

9,608
7,924
5,726
3,257

17,671
17,602
13,715
9,505

41,427
54,755
54,503
48, 689

1923.
January..
February..
March
April

221
119
87

150
183
171
143

72
86
179

36
6

45
67

65
44
27

43,735
23,619
17,154

100,170
121,632
113,503
94,920

853
1,025
2,124

1,311
213
13
449

7,885
11,647
15,518

40,032
27,070
16,816

May....
June
July....
August.
September..
October
November..
December..

85
81
58

101

59
52

1922.
January..
February.
March
April
May....
June
July....
August.

12

May..
June.
July..

8
4

Holdings on first of month.
As of 15th of the month.
& Excluding Portland and Seattle.
43622°—23-




I Economics, except fish catch representing landings of fresh fish from vessels at Boston and
^rtment of Commerce, Bureau of Fisheries.
f weekly figures with first and last weeks of month prorated.
6
One case of eggs equals 30 dozen, or about 45 pounds net.
7
Index number less than 1.

130

COFFEE AND TEA.
Table 83.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA.
Based on data from Government and non-Government sources.1
[Base year in bold-faced type.]
COFFEE.
Visible supply.6
Receipts

COFFEE.

TEA.

Clearances
from Brazil.

To
United Brazil.* Total.3 United
YEAR AND MONTH. World
total. States.
States. 4

Imports
into
U.S.

Imports
into
U.S.

Receipts

World
total.

United

1917 monthly a v . .
1918 monthly a v . .
1919 monthly a v . .
1920 monthly a v . .
1921 monthly av..
1922monthly av..

1OO
121

1OO

94

90

122

111

99

89

112

111

135

107

104

131

127

138

129

107

155

142

128

82

121

134

147

82

72

139

61

103

106
132

102

63

61

80

84

136
91

66
75

89

58

90

162

143

92

89

111

101

131

148

77

75

60

94

105

127

137

98

109

104

73

55

163

53

108
92

113
121

78

88

101

62

July
August

75
74
73
77

99

98

111

62

90

127

101

79

125

95

September...
October
November
December

77
76
75
77

89

121

123

102

117

107

131
171

84

69

103

112

62

110

116

199

165

112

69

123

96

110

202

135

January
February
March..
April

79

85

111

127

127

158

85

78

73
77

106

98

83

141

61

96
86

117
108

118
170

127
133

80
68

May
June.. .
July
August

76

May

1921.
..

Juno

„

Imports
into
U.S.

Imports
into
U.S.

Thousands of
pounds.

Thousands of bags.&

1OO

1OO

125
121

84

Total.3

To
United
States.4

B.—NUMERICAL DATA.
1OO

1OO

in
Brazil.-

States.

A.—INDEX NUMBERS.
1909-1913 mo. av
1913 monthly a v . . 1 0 0
1914 monthly a v . .
99
1915 monthly a v . .
80
1916 monthly a v . .
78

Clearances from
Brazil.

Visible supply."

Relative to
5-year average.

Relative to 1913.

TEA.

75,659

8,241

11,797
11,679
9,441
9,200

1,894
1,689

1,072

1,103

474

1,970

1,249

1,261

544

102,438
97,241

8,493
7,187
7,425
7,770
8,891
8,839

2,633

1,009

1,014

610

107,209

10,566

1,960
1,162

1,261
762

813

536

91,788

359

111,130

11,044
6,747

8,663
8,720
8,639
9,034
9,032
8,920
8,867
9,076

1,593

955

990

1,151

1,207

393
491

71,044

7,418

84,256

8,151
8,842
8,814

1,691

558

831
891

637

108,118

7,567

1,686
1,140

1,064

1,003

513

6,374

894

1,036

499

111,956
103,837

8,093

2 058

994

123,191

4 383

1,079

727
776

218

2,037

345

76,762

5,094

1,747

1,154

975

386

83,703

5,080

1 710

1,216

998

310

94,897

7 844

1 685

1,156
1,121

1,218

514

63,546

8 391

1,306

1,060

673

78,174

9 220

1,175

1,055

783

1 298

1,171

1,145
952

124,955
152,776

9 258
11 162

9,263
9 234
9,404
9,185

1,616
1 387

1,064
1 009

1,259

499
327

119,353

968

6,966
5 030

1 453
1,195

913
821

1,159
1,072

464
667

100,455

8,944
8 872
8,577
8,600

1,039

765

122,093

438

703
754

337

1 146
1,086
1,124

337

657

732

325

1,089

1,041

425

95,060
90,591
69,166

433

1922.

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

80
78

75
73
73

63
55
61
57
59

80

71

86

161

68

46
69

76

126
120

65

- 74

86
83

114

105

108

91

117

74
72

48

99

109

50

108

154

141
212

72

44

104

119

70

51

104

97

67

52

105

65

43

93

63

58

59

64

52

55

7

78

87

7

96

216

188

177
161

122

173

110

124

176

153

106

120

211

77

117

153

27

68

54

124

8,775
8 513
8 461
8 242

7 953
7 721
7,491
6 936
6,104

904

948

940

1 033

554

1,083
1 521

835

106,847
96,132

7

6,617
5,593
5,634
5,367
7,208
9,657

59,318

134,273

* 7,938
17 821

838

993

1,175

738

121,737

10,239

957

993

959

481

131,016

9 048

976

1 004

1,226

693

115,608

8 738

819

889

1,187

828

1 090

739

1,155

601

1 208

257

669

212

1,033

I
1

Data on coffee except imports received from the New York Coffee and Sugar Exchange, Inc.; Imports of coffee and tea from the U. S. Department of Commerce, Bureau
of Foreign and Domestic Commerce.
1

Represents total receipts at Rio and Santos.
Represents tota lclearances from Rio, Santos, and Victoria.
Represents tota lclearances from Rio, Santos, Victoria, and Bahia.
A bag of coffee averages 132 pounds.
« Given as of the 1st day of the month.
7
Covers first 21 days only, during which period the old tariff law was in effect; remaining 9 days inHucied with October.

8
4
5




131
PRODUCTION AND STOCKS OF SUGAR.
Table 84.—NUMERICAL DATA.
From Government sources.1
1

YEAR AND MONTH.

Production,
refined.

Sales,
refined.

Stocks,
end of
month,
refined.

Stocks,
Receipts, end of
raw.
month,
raw.

''

CANE SUGAR.

REFINERIES.

Production.

Stocks,

enclof
month.

Sales.

npiiv-

BEET SUGAR.

Production.

Jjellverles
*

Stocks,
end of
month.

Sales.

Deliveries.

;
Short tons.

1922.
July
August
September
October
November
December
1923.
January
February
March
April

!

500,116

492,634

95,719

562,971

313,457

4, 447

10,660

541,104

312, 756

130,236

573, 244

280,939

1,108

4,737

356, 770

200,074

226, 668

276,138

182,951

653

2, 457

306,049

486,020

143,118

248, 427

105, 868

12, f,09

4,307

11.971

317,410

287,389

164,108

336,335

104, 732

99,227

23, 203

222,033

128,342

177,470

168, 598

40,947

107, 682

294,652

582,103

186,578

251,028

71,053

38,014

i

None.
5 836

89,514
54,977

29,680

49,035

19,033

33,124

10,749

212,334

218,844

109,309

72, 525

79,662

80,160

298, 332

428,066

69,306

89,110

46, 907

83, 702

83,935

107,421

477,780

36,463

57,707

29,450

56,902

55,471

5,241

419,167

68, 449

63, 854

257

307,557

146,989

111,867

j

II

May

July
1

Compiled by the U. S. Department of Commerce, Bureau of the Census. No figures are available prior to July, 1922.

WAGES, COMMON LABOR.1
Table 85.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA.
Based on data from trade and commercial sources.1
[Base year in bold-faced type.]
Relative
to 1913.2

Per hour.

Per hour.

Per
10-hour day.

YEAR AND MONTH.

YEAR AND MONTH.

A.—INDEX
NUMBERS.
February 1,1913..
February 1,1916..
May 1,1916
December 16,1916
May 1,1917
October 1,1917...
April 16,1918
August 1,1918....




Relative
to 1913.2

Per
10-hour day.

100
110

$0.20
.22

125

.25

138

.275

150

.30

165

.33

190

.38

210
1
2
3

A.—INDEX
NUMBERS.

B.—NUMERICAL
DATA.

.42

$2.00
2.20
2.50
2.75
3.00
3.30
3.80
4.20

October 1,1918...
February 1,1920..
May 16,1921
July 16,1921
August 29, 1921...
September 1,1922.
April 16,1923

231
253
204
185

B.—NUMERICAL
DATA.
3 SO.42
.46
.37
*.37

150

.30

180

.36

200

.40

In effect in plants of United States Steel Corp. in the Pittsburgh district beginning on dates mentioned.
Per 10-hour day.
Basic 8-hour day adopted with provisions for payment of time and a half for overtime.
* Basic 8-hour day abrogated.

$4.62
5.06
4.07
3.70
3.00
3.60
4.00

132
SUGAR.
Table 86.—INDEX NUMBERS.
Based on data from Government and non- Government sources.1
I Base year in bold-faced type; numerical data on opposite page.]
EX! PORTS.

RAW SUGAR.

CUBAN MOVEMENT.

PRICES.
Wholesale.

YEAR AND MONTH.

Receipts,
LouisiImports. ana crop
at New
Orleans.

Meltings.2

Stocks,
at refineries.2

Refined,
including
maple.

Retail.
|_

Raw,
96°
centrifugal,
N.Y.

Granulated,
Index,
in bbls., 51 cities
N.Y.

Receipts,
Cuban
ports.

Stocks,
end of
month.

Relative
Relative to 1913.

1909-1913 m o n t h l y a v e r a g e .
1913 m o n t h l y average
1914 m o n t h l y average
1915 m o n t h l y average
1916 m o n t h l y average

Relative to 1919.

to 19091913.
1OO
65
492
1,214
1,992

100
115
112
117

1OO
62
53
87

105
109
149
170
131
206

59
45
50
29
54
57

79
1OO
104
92
130

85
1OO
110
157
437

January...
February.
March
April

65
151
213
219

26
8
10
8

40
80
133
107

May
June
July
August...

166
95
70
145

September.
October
November.
December..

Relative to 1913.

Relative to 1919.

100
133
165

1OO
110
130
161

1OO
108
120
146

1,274
5J3
1,859
1,164
1,176
2,314

179
183
215
372
137
133

181
182
209
297
144
139

169
176
205
353
146
133

110
120
181
258

866
593
387
441

153
151
173
155

177
166
184
170

176
162
176
176

25

104
92
95
127

276
264
167
140

2,039
2,067
2,272
2,012

140
120
127
134

148
133
128
137

80
92
118
100

13
50
231
245

81
85
82
78

144
75
86
65

1,206
585
573
1,077

123
119
117
106

January...
February.
March
April

179
255
326
269

50
18
6
7

90
128
165
164

90
172
287
332

2,159
2,045
3,673
4,149

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

254
264
257
242

7
13
16
24

178
164
163
166

285
290
324
276

September.
October
November.,
December..

3 99
110
137
81

11
15
234
283

96
86
95
70

137

209
9
4
6

77
105
157
150

1917 m o n t h l y a v e r a g e .
1918 m o n t h l y a v e r a g e .
1919 m o n t h l y a v e r a g e .
1920 m o n t h l y a v e r a g e .
1921 m o n t h l y a v e r a g e .
19.22 m o n t h l y a v e r a g e . .

100

100

100

100

87

89

95

j

95

100

I

103

77
175
77

141
221
215
193

155
208
202
114

133
143
152
191

153
142
129
136

144
53
29
40

75
41
46
87

215
122
213
190

131
122
121
117

133
125
122
118

19
11
31
47

30
37
76
72

184
171
150
142

104
107
112
114

112
115
121
122

113
116
118
122

60
154
261
218

37
61
157
158

18
64
124
155

4,959
5,560
3,010
1,358

116
131
147
148

123
137
154
158

120
129
138
147

168
104
89
56

174
166
162
108

162
131
101
72

189
99
72
47

436
200
132
90

138
155
160
163

146
154
160
162

144
144
147
151

27
19
14
26

66
59
59
31

53
36
8
7

84
130
298
343

160
997
1,071

151
176
208
223

158
171
201
215

151
158
185

152
207
261
171

95
146
199
142

43
71
101
117

1921.

27

1922.

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




See footnotes on opposite page.

133

SUGAR.
Table 87.—NUMERICAL DATA.
Based on data from Government and non- Government sources.1
[Base year in bold-faced type; index numbers on opposite page.]

RAW SUGAR.

Receipts,
LouisiStocks,
ana
Imports. crop at Meltings.^ at refineries2
New
Orleans.

Y E A R AND M O N T H .

EXPORTS.
Refined,
including
maple.

WHOLESALE
PRICE.

CUBAN MOVEMENT.

Raw, Granulated, Receipts,
96Q
in
Cuban
centrifports.
bbls.,
ugal,
N.Y.
N. Y.

Exports.

Stocks,
end of
month.

I

Per pound.

Long tons.
1909-1913 monthly average.
1913 monthly average
1914 monthly average
1915 monthly average

175,664
201,437
196,569
205,716

10,109
8,501
14,050

1919 monthly average..

183,802
192,219
261,149

1920 monthly average..
1921 monthly average..
1922 monthly average.

298,685
229,266
361,7S9

9,545
7,286
8,154
4,704
8,812
9,236

2,953
1,926
14,524
35,838
58,812

16,184

1916 monthly average

$0,035
.038
.047
.058

$0,043
.047
.056
.069

.063
.064
.075
.130
.048
.047

.077
.078
. 089
.126
.062
.059

.076

257,174
325,233

95,428

338,430
299,891
423,659

105,357
150,022
195,854

37,602
15,152
54,891
34,371
34,739
68,341

4,279
1,248
3,604
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

254,931

671
1,035
4,400
4,029

339,850
298,372
309,800
414,545

263,539
251,827
159,416
133,421

141,103
161,695
206,865
176,462

2,063
8,125
37,394
39,675

262,817
277,910
268,283
254,135

January..
February.
March
April

314,939
448,321
571,836
473,137

8,039
2,895
909
1,206

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

446,678
460,480
451,011
425,960
174,232
193,092
239,966
141,821

2,400
37,912
45,824

1917 monthly average..
1918 monthly average..

81,311

Long tons.

330,192

325,273

644,484

288,005
314,662
329,161

290,391
309, 747
335,519

496,806
1,130,682
499,290

.061
.054

465,925
730,565
709,262
635,836

504,534
675,218
655,611
372,208

857,767

.071
.078
.073

1,231,716

60,197
61,040
67,096
59,400

.049
.047
.044
.047

.063
.057
.055
.058

474,426
174,348
95,777
130,619

244,109
133,535
149,774
283,340

1,383,036
1,431,143
1,372,605
1,225,285

137,390
71,664
82,253
62,419

35,617
17,261
16,908
31,817

.043
.042
.041
.037

.056
.052
.052
.050

63,030
35,780
103,718
156,660

98,745
120,386
245,669
233,838

1,183,488
1,103,449
967,515
913,486

291,601
415,723
535,357
531,962

85,602
163,817
273,811
316,973

63,766
60,390
108,468
122,516

.036
.038
.039
.040

.048
.049
.052
.052

199,102
507,361
861,174
720,509

121,775
198,821
512,251
512,430

115,786
414,512
7«9,619
997,291

1,187
2,066
2,609
3,939

577,330
532,052
530,334
540,024

271,890
277,150
309,413
262,959

146,454
164,184
88,887
40,100

.041
.046
.052
.052

.053

555,852
342,736
294,169
183,441

565,350
540,354
526,849
349,979

1,043,420
844.622
650,164
460,987

1,842

312,909
280,003
309,274
227,333

180,577
94,043
69,185
44,828

12,870
5,896
3,893
2,671

.048
.054
.056
.057

.063
.066
.068
.069

90,378
61,713
46,013
87,489

213,728
191, 770
191,160
101, 760

341,329
228, 902
49,495
45,349

251,140
342,715
510,653
486,421

80,617
124,164
284,800
327,081

4,718
29,438
31,630

.053

.067
.073
.086
.092

501, 271
681,939
861,736
563,325

309,831
474,764
647,008
461,321

276,288
460,009
653,692
756,155

I

1921.

January
February
March
April

113,618
265,898

I

374,090
385,079

May..

381,651

June..
July..

166,017
123,782

August

j

I September..
| October
!

November..
December..

918.621
980,071

1922.

3

September...
October
November...
December...

.059

1923.
January..
February.
March
April

240,034

33,899
1,506
728

.062
.073
.078

May..
June..
July..
1 Receipts, stocks, and meltings and Cuban movement reported by the Statistical Sugar Trade Journal: 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 until 1921, when Baltimore
was added upon completion of refinery in that city. Prior to that year it is stated that little sugar moved through Baltimore. 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.
3 Covers first 21 days only, during which period the old tariff law was in effect.




134

TOBACCO.
Table 88.—INDEX NUMBERS.
Based on data from Government sources.1
[Base year in bold-faced type; numerical data on opposite page.]
MANUFACTURED PRODUCTS.

UNMANUFACTURED.

Consumption
(tax-paid withdrawals).

Stocks.*
ProducSales,
tion
loose leaf Exports, Chewing,
(crop
smoking,
wareleaf.
esti- 5 houses.
snuff,
mate).
and
export
types.

YEAR AND MONTH.

I Relative
j

to

;

! 1909-1913.

1909-1913 monthly average

Wholesale price.

Cigar
types.

Burley,
ManuTotal,
including good leaf, factured
imported dark red, tobacco
Louisand
types.
ville.
snuff.3

Relative : Relative
to

1919.

Large
cigars.*

Small
cigarettes.*

Exports.

Cigarettes.

Relative to 1913.

to

1000-101.'{.

100

1OO

1913 m o n t h l y average

96

117

100

100

1OO

1OO

1OO

1OO

1OO

1OO

1914 m o n t h l y average

104

92

103

93

101

111

99

95

108

104

1915 m o n t h l y average

107

114

113

109

104

100

87

115

90

116

126

105

99

115

105

93

163

184

1917 m o n t h l y average

125

1918 m o n t h l y average

144

67
107
203
124
137
114

110
120
126
124
148
142

149
133
145
138

131

1916 m o n t h l y average

1919 m o n t h l y average

!

!

1920 m o n t h l y average

147

5 1OO

159

1921 monthly # avcrage

!

107

90

1922 m o n t h l y average

|

133

51

75

99

169

109

100

227

303

77

87

277

112

93

300

524

112

245

96

93

341

699

114

259

90

105

287

683

92

131

222

87

89

327

368

102

130

208

95

91

344

495

246

73

73

301

246

81

79

318

419

246

96

345

443

246

84

293

337

218

85

319

220

208

93

326

134

208

87

89

321

65

208

100

99

396

342
407

1921.
January
February..
March
April

162
258
173
26

May
June
July
August

9
4
15
64

September.
October
November.
December..

95

59

100

76

102

139

107

128
151
169
168
105
138
93
124

168

152

97

135

208
91

125

94

97

370

208

101

101

377

306

208

140

83

97

327

432

73

231

424

405
413
519
481

208

1922.
January
February..
March
April

91
24
6

May
June
July
August

2
1
142

62

136

64

136

102

136

September.
October....
November.
December..

2

143

71

133

105
186
127
118

70

88

71

103

84

241
280

208

85

79

266

208

97

90

355

567

208

127
95
103
92

145

92

208
109

208
208

127

103
82
105
130

103

98

409

610

405
492

362

100

99

428

594

208

97

110

347

561

91

108

349

443

208

118

93
102

208

103

96
112

208

123

208
208

131

71

273

439

545

1923.
January...
February.
March
April

70
43
28

133
85
101

132

121

413

119

150

100
88

80

208

164

208
208

94

99

91

470

357

394
485

208

May
June
July
See footnotes on opposite page also.
1 Stocks held by manufacturers and dealers reported by the U. S. Department of Commerce, Bureau of the Census; Production of manufactured tobacco and snuii, cigars.
and cigarettes by the U. S. Treasury Department. Bureau of Internal Revenue; Crop production by the U. S. Department of Agriculture, Bureau of Agricultural Economics,
Exports by the U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce; Wholesale prices from U. S. Department of Labor, Bureau of Labor Statistics,
Sales of tobacco from loose-leaf warehouses compiled by Federal Reserve Board from reports of State authorities of Kentucky, North Carolina, South Carolina,and Virginia,
which states grow about 75 per cent of the total tobacco crop.
2 Held by manufacturers and dealers on first day of each quarter. Yearly figures are quarterly averages.




135

TOBACCO.
Table 89.—NUMERICAL DATA.
Based on data from Government sources.1
[Base year in bold-faced type; index numbers on opposite page.]
MANUFACTURED PRODUCTS.

UNMANUFACTURED.
Wholesale
price.

Stocks.2
YEAR AND MONTH.

Sales,
Production loose leaf Exports,
Chewing,
(crop
waresmoking,
estimate) houses. leaf.
snuff, and
export
types.

Cigar
types.

Consumption
(tax-paid withdrawals).

Exports.

Burley, ManuTotal,
good factured
including
leaf,
Large
Small
imported dark red, tobacco cigars.4 cigarettes.4 Cigarettes.
and
types.
Louis- snuff.8
ville.
Dollars
Thouper 100 sands of
pounds. pounds.

Thousands of pounds.
1909-1913 m o n t h l y average
1913 m o n t h l y average
1914 m o n t h l y average
1915 m o n t h l y average
1916 m o n t h l y average

996,176

31,417

953,734

36,754

1,034,679
1,062,237
1,153,278

28,827
35,877
39,784

835,462
915,451
853,156

344,971
361,114
313,142

1,244,524
1,343,396 !
1,225,555 I

14.65
13.79
15.23

36, 745
36,863
38,847

1917
1918
1919
1920
1921
1922

1,249,276
1,439,071
1,465,481
1,582,225
1,069,693
1,324,840

82,149
65,280
74,254
41,601

21,186
33,656
63,826
38,946
42,946
35,907

889,484
970,465
1,018,253
1,001,387
1,199,209
1,147,767

277,846
283,495
296,095
323,643
340,656
377,769

1,217,963
1,073,084
1,381,713
1,408,311
1,621,288
1,605,059

22.30
36.57
32. 35
34.18
29.28
27. 50

133,397
212,073
142,286
21,577

46,852
41,735
45,445
43,320

1,061,696

297,472

1,446,914

1,363,499

367,854

1,818,781

932,157
889,266

7,753
3,367
12,248
52,939

40,220
47,328
53,156
52,815

948,324
991,564
1,020,874
1,069,693

48,421
62,764
113,873
80,352

33,009
43,465
29,236
38, 772

January
February..
March
April

80,076
74,772
19,645
4,582

32,265
25,635
32,967
40,704

May
June
July
August

1,414,641
1,425,000

1,338
1,196
1,953
50,655

39,844
29,991
32,319
28,958

September.
October
November.
December..

1,353,000
1,353,000
1,355,000
1,324, 840

52,413

83,778
58,241
70,560

33,102
58,353
39, 787
36,955

57,463
34,998
22,626

41,652
26,740
31,641

Thousands.

m o n t h l y average.
m o n t h l y average.
m o n t h l y average.
m o n t h l y average.
m o n t h l y average.
m o n t h l y average.

3

36,990 630,959 1,296,308

193,234

597,849
549,932
586,844

1,404,636
1,497,029
2,107,525

200,602
173,015
354,889

40,24S
41,423
35,339
33,324
32,208
35,019

629,991
587,796
589,363
661,418
563,218
574,300

2,944,272
3,888,075
4,426,649
3,718,526
4,238,423
4,463,752

584,977
1,012,128
1,350,981
1,319,489
711,973
956,334

32.50
32.50
32.50
32.50

27,153
30,007
35,478
31,056

462,798
496,724
561,344
548,104

3,901,560
4,119,377
4,470,292
3,801,672

1,723,331
810,189
856,801
650,790

28.75
27.50
27.50
27.50

31,351
34,539
32,018
36,873

555,479
618,495
564,599
622,039

4,136,085
4,219,727
4,161,218
5,136,577

425,908
259,558
125,710
660,333

27.50
27.50
27.50
27.50

34,803
37,414
30,772
25,035

614,428
635,808
615,171
463,624

4,797,398
4,881,826
4,235,407
2,999,935

787,162
590,472
834,670
818,752

27.50
27.50
27.50
27.50

34,215
32,456
38,120
31,376

443,261
447,226
529,162
501,394

3,705,516
3,125,819
3,636,032
3,453,061

781,738
797,423
1,002,398
928,955

27.50
27.50
27.50
27.50

35,846
38,233
35,449
41,476

569,209
615,253
585,874
641,164

4,601,373
5,301,643
5,246,812
6,373, 890

1,094,728
1,179,420
700,044
1,052,855

27.50
27.50
27.50
27.50

37,108
35,755
33,838
26,361

625,772
693,941
679,300
561,042

5,554,301
1,148,533
4,497, 685 1,084,477
4, 524, 272
856,247
3,544,624
849,188

27.50
27.50
27.50
27.50

37,090
32,611
36,451

559,183
507,266
674,515

5,349,771
4,623,431
5,043,327

810,469 369,802 1,234,013 $13.20

j
|
|
|
!

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

1,235,156

359,095

1,672,017

1,136,484

338,202

1,547,440

1,174,8

313,316

1,561,848

1,303,255

401,633

1,784,551

1922.

1,119,605

413,540

1,616,396

993,398

382,586

1,457,439

1,068,042

346,604

1,491,301

1,327,731

441,590

1,846,555

1923.
January...
February.
March
April

907,729
761,695
937,438

May
June
July
See footnotes on opposite page also.
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.
& Yearly figures on crop production represent the latest revised estimates as reported by the U. S. Department of Agriculture, Bureau of Agricultural Economics.
The 6monthly figures for 1921 and 1922 are the current monthly estimates of total production.
Partly estimated. Kentucky sales for first half year not available and are estimated as equal to the sum of the sales in the other States, which is approximately the
normal proportion of Kentucky sales to the total.
3




136
TRANSPORTATION—WATER.
Table 90.—INDEX NUMBERS.
Based on data from Government and non-Government sources.
[Base year in bold-faced type; numerical data on opposite page.]

MISSISSIPPI RIVER
CARGO TRAFFIC.

CARGO TRAFFIC THROUGH
CANALS.

New
York
State
CaRenals.s ceipts
at St.
Louis.
In
In
Ameri- British Total Total Total
can vessels. cargo. cargo. cargo.
Panama Canal. 2

YEAR AND MONTH.

Sault
Ste.
Marie3
Canal.

Shipments
from
St.
Louis.

vessels.

1
Relative to 1915.

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
1922 monthly average

INDEX OF
OCEAN
FREIGHT
RATES.*

VESSELS IN FOREIGN TRADE.

Entered.

Governmentowned
barges. Ameri- Forcan. eign.

ForTotal. Ameri- eign.
can.

Relative to 1913. Relative to 1913. Rel. to
1919.

United States,
Atlantic ports
to-

Cleared.

Total.

United
Kingdom.

AH

Europe.

Relative to
January, 1920.

R e l a t i v e t o 1913.

|
1OO

1OO

1OO

1OO

1OO

69

80

50

103

1OO

1OO

88

1OO
93

91

80

93

90
93

100

100

1OO

1OO

89

71

42

112

113

85

92

107

87

39

71

63

115

62

45

120

129

86

97

123

90

99

67

154

144

113

50

39-

141

141

74

92

133

76

92
84

100

96

119

154

107

45

29

145

131

65

82

125

68

126

85

141

86

48

59

231

1OO

155

63

86

167

68

95

208

129

192

99

55

84

349

153

228

82

120

227

87

126

237

169

236

61

56

71

609

423

221

79

117

201

84

116

44.9

36.0

300

184

280

83

70

78

411

571

225

85

122

211

85

120

. 29.0

25.5

228
187

126

195

62

49

89

395

394

210

88

120

162

90

112

50.6

40 1

106

171

81

83

115

472

441

226

91

124

237

96

137

42.7

37.6

173

131

174

82

97

80

840

513

221

97

128

201

104

42.5

36.8

209

110

206

75

91

131

934

668

245

101

139

206

100

131
129

42.9

36.7

211

114

185

65

40

978

507

228

85

122

247

90

134

41.8

210

200

242

67

124
91

60

767

458

232

79

119

216

83

120

37.0

36.0
32.3

195

129

210

33

121

94

685

388

247

72

118

220

68

110

190

234

10

17

49

658

676

217

71

109

195

80

112

33.5
32.4

28.8

188

7

100.0

7

100.0

1921.
May
June
July
August

...

September
October
November.
December
1922.
January
February
March.
April..

j

27.2

198

151

198

1

628

700

167

53

88

164

60

89

31.7

27.1

208

151

206

1

136

700

15G

70

93

148

67

90

34.7

29.1

252

157

236

25

352

645

181

80

107

83

108

33.1

28.3

274

162

257

6

72

346

651

IS 4

184

174
191

77

109

27.3

25.4

May
June... .
July
August

334

174

151

839

790

123

210

79

115

27.9

25.7

61

144

427

90

125

61

181

149

183

286

103

86

83

597

259

105
107

27.5
28.8

309

679
380

94
102

25.7

103

147

210
244
232

126

297

795
819

244
222

80

146
200

33
81

42

264
264

284
240

September
October
November
December

298

203

141

244

106

236

279
355

106

356

89

142

269

86

145
137

357

206

483

242

425

222

526

205

1923.
January
February
March..

271

101

141
138

110

76

74

291

250

77

80

119

276

350

113
95

91

316

170

425

456

209

133
113

276
171

139

18

83
78

87

377

87
31

239
289
272

82

391

172

86

109

150

384

130

72

87

127

j ir.o

88

107

145

,

29.2

25.9
24.6

27.0

23.4

25.3

22.7

28.0
27.1

24.0

107

83

102

25.3

22.9

78

92

21.8

21.1

88

104

24.4

May...
June
July

23.1

21.9

22.6

22.6

1
i

See footnotes on opposite page also.
i Panama Canal traffic reported by The Panama Canal; Tonnage entered and cleared in foreign trade, U. S. Department of Commerce, Bureau of Foreign and Domestic
Commerce; Sault Ste. Marie Canal traffic, U. S. War Department, Engineer Corps; New York State canal traffic from New York State Superintendent of Public Works; receipts and shipments of cargo by river at St. Louis (almost all by Mississippi River) from Merchants Exchange of St. Louis; Cargo tonnage on Government-owned barge line
(rom U. S. War Department, Mississippi- Warrior service; Index of ocean freight rates from the Federal Reserve Board, Division of Analysis and Research.
* Represents tonnage of cargo carried by commercial vessels. Yearly figures refer to fiscal years ending June 30.
8
Figures for 1913 to 1922 represent monthly averages for eight months during which the canals are usually open.
* The index of ocean freight rates represents rates to 7 ports in the United Kingdom and a total of 17 ports for all of Europe. The index numbers are weighted
by the geometric means of these rates. The weights include the relative importance of each port and also the relative importance of the 5 principal products—grain, provisions, cotton, cottonseed oil, and sack flour.




137

TRANSPORTATION—WATER.
Table 91.—NUMERICAL DATA.
From Government and non-Government sources.1
[Base year in bold-faced type; index numbers on opposite page.]
!

CARGO TRAFFIC THROUGH CANALS.

P a n a m a Canal. 2
Y E A R AND
MONTH.

In
American
vessels.

In
British
vessels.

Total
cargo.

1918
1919
1920
1921

174 856
229,907
378,928

mo.
mo.
mo.
mo.

av
av
av.
av.

1922 mo. av.

1921.
May
June
July

122 977

431,613
540,378

Total
cargo.

17,594
8,738

265
232
185

7,414
7,883
6,923

627 669
217 973
576,385
156,412
781, 208
235,856
961,61)1
310,161
337,792 1,142,549

10,710
8, 529

166
177
203
208
262

5,038
10,449
14,827
12,548

5,754
9,174
13,845
24,133
16,313

15,745
20 175

9,910
6,032
8,259

August

380,367

202,004

839,273

7,498

105
179
211
197

September .
October
November..
December..

384,101
383,083
356,019

754, 894

343,185

209,475
367,495
236,625
349,270

6,482
6,652
3,265
1,031

269
198
262
37

360 282
380 12Q
459 9 64
498 862

277
276
287
297

608 539
480 466
481 625
563,512

318 813 I 158 507
977 507
268 475
366 746 1 211 100
335,516 1,165,950

3 317
8,066
10 235
10,286

542,639
649,367
651,015
880,831

371, 801
432,190
378, 635
443,471

10,986
11,233
9,468
1,838

775 339
959 293

407 170 1 591 932
376 279 1 563 278

May
,Tunftt
July
August
September.
October....
November..
December..
1923.
Januarj 7 ..
February
March
April...

807 298
838 074
%0 ()89
046 047

1,138,188
1, 445,863
1, 426, 860
1,535,102

American.

Foreign.

Total.

1,174
1 033
1 233
1 512
1 65S

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

1 538
1,828
2,678

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

2,787

5,423

2,639

2,756

3,748
4,271
5,653
5,211
5,395

2 861
2 962
3,164

5 324
5 616
5,757
6,172

2 114
3 059
2,513
2,582

2 910
3 094
3,362
3,223

6 153
5,875
5,805

2,759
5,435
2,577 ! 5,295
5,245
2,350
4,859
2,306
!

3,092
2, 702
2,748
2,434

2,903
2,096
2,200
2,586

5,021

3 894
1 931
2 295 J 4 127
2,626
4 753
2 459 I 4 627

2,051
1 856
2,181
2 389

1
2
2
2

3
4
4
4

8,731
13,392
36,939
49, cS41

2,592
2,636

4,166
4,433
4,133

5,024

639

34,412
38 476

2 463
9 054

14,155
23,050

15,665
18 725
33,310
37,050

44, S29
5S,345

2, 593
2, S85

6,985
10,535
16,480
8,575

38, 785
30,420
27,155
26,085

44,263
39,984
33,843
59,062

2,676
2,718
2, 895

24 890
5,405
13 940
13,725

61
61
56
56

1
1
2
2

26 525

6,155
8,079
8,139

293
073
319
169 1

Total.

130
100
4 365
12,680

792 735
694 720
708,982

985,775
855,440
953,053

13,637

Foreign.

T h o u s a n d s of n e t tons. 6

4,437
4,750
5,609

407,871
257 843
588 214

230 217
194 407
239, 850

1923.
January
February
March
April.

American.

3,965
4,078

183,376
130 888
282 813

Cleared

Entered

Governmentowned
barges.

Tons.

372
297

341 235
316,221

415 794

Shipments
from
at St.
St.
Louis. Louis.
Receipts

9,965
6,921
8,911
11,486
11,227

1913 mo av
1914 mo av
182,325
70 738

Total
cargo.

V E S S E L S IN FOREIGN TRADE.

New
York

State
Canals.'

Thousands of
short tons.

Long tons

1915 mo. av
1916 mo av
1917 mo av

Sault
Ste.
Marie
Canal. 3

M I S S I S S I P P I RIVER j
CARGO TRAFFIC.
1

33 250
16,935

2 870
2 603
3 187
3,035

5,471
2 601
2 945 j 5 548
6 622
3 435
6,540
3,505

2,621
2 625
3 053
2,903

2,554
3 028
3 286
3,274

5 175
5 653
6 339
6,178

2,553

144
127
329
871

963
832
127
168

3,287

935
169
684
495

5,995
5,398
4,949

986
025
864
884

227
226
321

25,415
31,890
14,650

26 920
15,055

69 000
69,415
71 545
52,125

281
2S7
338

13,075
14,055
15,260
5,495

11,530
4,720
12,535
16,855

21, 786
24,134
14, .837
39,779

2,808
3,390
3,193
2,456

3,470
2,897
2,722
2,562

6,278
6,287
5,915
5,018

3,050
3,358
3,446
2,132

3,429
2,778
2,799
2,643

6,479
6,136
6,245
4,775

37 316 |

2 021
1 527
1 882

2 799
2 352
2 883

4 821
3 878
4 765

1 873
1 587
1 817

2 678
2 526
2 833

4 552
4 113
4 650

May.. .
June..
July..

I

1
See footnotes on opposite page also.
&
About two-thirds of this traffic is through the Erie Canal and one-third through the Champlain Canal. Figures for 1913 to 1922 represent monthly averages for seven
months, during which the canals are usually open.
• Net ton represents 100 cubic feet internal carrying capacity after prescribed allowances for crew and engine space.
1
January, 1920.




138

FREIGHT-CAR MOVEMENT.
Table 92.—INDEX NUMBERS.
Based on data from commercial and trade sources.1
[Base year in bold-faced type; numerical data on opposite page.]
SURPLUS. 2

YEAR AND MONTH.

Box
cars.

Coal
cars.

BADORDER
CARS.e

SHORTAGE.*

Total
cars.3

Box
cars.

Coal
cars.

Total
cars.3

September
October
November
December
1922.
January
February
March . .
April
May
June
July
August
October
November
December
1923.
January
February
March. . . .
April

36

153

217

Ore.

Merchandise
L.C.L., Total.*
and
miscellaneous.

Relative to 1919.

1OO

1OO

1OO

1OO

111

13

227

616

339

108

156

204

179

6

11

8

205

58

120

91

140

377

213

467

347

89

94

100
110
87
78

1OO
106
84
100

1OO
118
46
81

79
94
90
84

24
24
18
15

87
88
73
79

63
78
81
85

82 •
92
86
79

1OO

206

100
89
113
122

91
88

218

120

171

2

3

3

127

103

96

99

211

229

218

2

2

3

141

86

208

337

262

217

303

255

94
95
86

84
75
74

161

1

179

1
3
16
3

205

98

81

226

104

83

89
88

235

145

73

82

249

154

84

88

189

218

208

178

215

197

1
1

1
5

113
84

214

170

20

173

130

3

51
28

130

91
42

13

139

176

1

233

293

149
248

161

193

175

116

129

129

108

96

1
2
2

115

311

109
196

3
2
1
2

9

85
73

259

161

195
174

179
92

6
7
87

10
75
158

103

72

37

189

329

243

5
2

3
2

350

927

479

1,126

1
6

3

3

355

5

8

202

8
3
4

10
6
5

14
8

7

26
5

(6)

43

79
82

3

15
46
1

1OO

1OO

103

106

96

94

112

105

79

85

84

85

93

87

95

87

96

95

97

95

95

94

103

101

76
57
21
15

108

105

118
99
90

116

92

248

142

91

92

241

130

112

111

229
212

97

87

108

96
88

3
2
2
3

208
219
222

129
131
106

99

95
108

86

12
11

89

88

92

96

212

84

7

217

20

226

108
102

215
229

129
144

539
741

213

132

193

1,020

553

870

343

141

916

178

923

162

697

303
334
285
137

28

103
None.
1

(5)

88

74

94
85

55
82

74

93

14

105

102

41

99

26

110

91

90

47

107

98

53

110

49
144

114

89

119

106

81

43

116

103

56

97
102

170

90

177

118

109

106
122

97

100

140

134

110

105

125

119
124

117
124

166

136

118

111

109

118

130

102

107

100

77
25

118

150

103

105

29
28
36
52

102

106

105

106

118

114

123

117

143

121

105

109

118

139

106

97

105

117

143

105
99

95

105

132

96

100

136

137

May
July




Coal.

Forest
products.

94

100
3

12

to to

May
June
July
August . . . .

Live
stock.

88

8
36
100
19

co

1931.
January
February
March
April

Grain
and
grain
products.

Relative
t o 1913.

Relative to 1919.

1916 monthly av.
1917 monthly av...
1918monthly av...
1919monthly av...
1920monthly av...
1921 monthly av...
1922 monthly a v . . .

Total.

AVERAGE LOADINGS PER WEEK.

See footnotes on opposite page.

139
FREIGHT-CAR MOVEMENT.
Table 93.—NUMERICAL DATA.
From commercial and trade sources,1
[Base year in bold-faced type; index numbers on opposite page.l

SURPLUS.2

YEAR AND MONTH.

Box
cars.

Coal
cars.

BADORDER
CARS.6

SHORTAGES

Total
cars.3

Box
cars.

Coal
cars.

Total
cars.3

Total.

AVERAGE LOADINGS PER WEEK.

Grain
and
grain
products.

Live
stock.

Coal.

Forest i
prod- i
ucts. I

Ore.

Merchandise
L. C. L., Total.*
and
miscellaneous.

Number of cars.
1916 monthly
1917 monthly
191S monthly
1919 monthly
1920 monthly
1921 monthly
1922 monthly

av...'
av...
6,437
a v . . . [ 29,251
av... 82,135
av...
15,985
a v . . . I 127,982
av...
47,675

1921,
January
February
March
April

132,374
134,711
141,901
167,700
163,676
308,717
310,554

38,973
34,829
44,066
47,597

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
683,088
698,627
698,156

50
310
83
67

339
663
3,905
739

309,971
341,337
354,611
376,417

38,214
40,582
56,585
59,973

26,652 | 157,122
27,4S6 155,001
23,979 145,420
27,643 155,376

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

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

29,907 162,882
36,834 196,206
31,524 j 154,434
29,100 130,297

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
371,538

546
373
255
369

36
100
77
374

642
599
423
842

313,190
331,050
334,628
320,083

50,460
51,199
41,184
32,874

32,568
29,113
18,092
27,114

168,720
190,126
131,116
72,528

48,960
50,124
52,734
56,052

4,410
4,151
5,250
9,654

421,722
486,143
495,258
521,106

734,442
768,741
827,400
727,488

195,439
147,558
131,267
54,566

305,198
339,225
174.927
70,455

1,094
1,397
16,550
35,819

3,148
6,633
13,835

1,714
4,803
24,973
58,670

327,704
340,822
324,583
345,013

42,186
39,614
50,227
56,177

29,550
29,201
26,723
29,665

82,494
93,736
75,639
98,499

60,714
62,621
55,181
57,838

18,384
54,054
63,528
66,264

540,546
563,043
547,143
556,560

782,670
851,700
828,029
873,369

201
265
859
5,062

3,486
1,584
2,026
3,651

5,843
3,716
5,595
14, 981

66,529
91,039
67,468
38,397

38,954
47,273
42,848
36,525

130,325
179,239
133, 786
82,927

321,674
291,654 [
249,960
226, 288

51,308
52,140
53,076
50,721

35,026
40,353
38, 853
33,669

170,512
195,145
195, 890
188, 255

56,871
59,655
61,813
56,979

52,448
46,836
28,987
9,522

559,981
587,910
556,176

934,816
992,651
947,373
838,948

6,976
2,739
3,266

7,208
4,845
3,785

26,588
15,819
14,196

26, 815
33,857
30,849

38,477
38,771
29,281

73,269
80,633
68,986

216,011
209,471
215,552
206,312

47,222
41.209
41,006
38,432

34,500
32,064
31,145
31,556

193,085
185,492
185,414
176,584

66,646
74,950
77,166

10,909
10,310
13,336
19,429

480,989
497,505
555,261
581,867

847,363
848,269
916,492
940,991

75,605
1,981
154,499
90,897

23,592
68,680
189,396
24,194
339,026
172,834

65,901
28,964
18,991
43,148
1,146
26,653

4,200
25,868
444
15,852

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
108

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

263
187
3,710
641

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

1922,
January...
February..
March
April

132,174
95,361
88,491
94,653

145,913
97,634
72,566
235,077

69,714
60,101
21,367
3,850

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

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

112,934 |
52,360
24,174
82,056
1,896
51,579

32,955 176,695
193,787
30,105
153,672
28,858
138,555
30,827

j
I
|
|

56,828
60,476
47,928
56,629

37,434 4 7 2 , 4 9 5 801,616
44,142 485,104
850,923
17,367 455,916 754,717
30, 291 526,873 842,302

May..
June..
July..
1
Data from the American Railway Association.
Association reports the number of
which are idle (surplus)
2 Daily average for the last period (7 or 8 days)of the filled(shortage). of Canadian roads. Thethese twofiguresrepresents the net freight carssituation for the country
and also the number of requests for cars which can not be month, exclusive The difference between
freight-car
as a 3whole. The car shortages can not ordinarily befilledfrom 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.
6
Index number less than 1.
e 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.




140

RAILWAY OPERATIONS.
Table 94.—INDEX NUMBERS.
Based on data from Government and non-Government sources.1
[Base year in bold-faced type; numerical data on opposite page.]

LOCOMOTIVES
IN BAD ORDER.

REVENUES.

YEAR AND
MONTH.

Freight.

ger.

Total
operating.

Freight. Passenger.

TOTAL
OPERATING
EXPENSES.

Total.

I Relative to 1919.
1OO

1OO

1OO

1914 m o . av

94

94

95

101

93

101

1916 m o . av

57

121

102

118

1917 m o . av

52

133

120

132

G3

79

103

l.')0

161

1OO

168

171

169

72

204

1%

203

1921 m o . av

100
78
91

97

185

1(17

1X2

1922 m o . av

100

101

1S9

156

1918 m o . av

|

1919 m o . av
1920 m o . av

TON-MILE
OPERATION.

PASTffE
SENPULLGERMAN
MILE
OPERACO.
TION.

EXPRESS
EARNINGS.

, Total
Percent Tons Receipts Passen- Passen- |j operat- Operatgers
ing
on valu- carried per ton- carried
ing ingers
ation. 1 mile. mile.
revecome.
1 mile. carried.
nues.

Relative to 191.1.

1913 m o . av
1915 m o . av

NET
OPERATING
INCOMES

1OO
96
95
109
131
184
203
267
211
204

1OO
89
117
146
136
96
72
8
86
108

R e l a t i v e t o 1919.
3

3

1OO

100

96

100

3 102

3 82

<92

100

3

129

3 98

120

U44

99

102

112

102

128

100

117

130

3 1OO
3 81

1OO

1OO
3 105

1
1

68

133

118

126

116

48

121

135

137

150

1OO

2

137

146

138

158

129

60

105

177

110

126

124

74

114

164

102

12X

103

100
173
12
6

1920.
September
October
November
December
1921.
January
February
March
April
May
June
July
August
September
October
November
December
1922.
January
February
March
April
May
June
July
August
September
October
November
December
1923.
January
February
March
April

83
86
85
88

98

248

94

272

97
9S

226

j

243

198

!

252

247

185

!

232

219

200

|

216

j

91

92

1X4

1X3

89

97

161

154

159

92

100

181

169

ISO

91

101

172

158

170

90

101

177

162

174

90

98

182

173

1*1

92

94

178

1S9

181

91

97

200

190

198

91

95

201

175

195

89

97

227

154

210

89

98

194

144

183

93

95

163

154

167

86

157

146

155

93

167

128

157

2X0
290
2X3
281
243
212
220
207
209
210
200
210
208
219
203
193

96

100

200

140

186

94

101

163

145

163

95

98

181

149

92

90

188

167

84

85

169

175

111

102

1X5

176

116

106

201

169

119

116

230

157

111

111

220

147

108

109

206

171

176
186
174
186
196
216
205
201

186
179
199
185
196
200
187
213
225
236
225
223

197
175
210

225
207
230

97

91

207

158

94

92

185

138

93
87

94

225

153

133

80

150

161

152

165

168

13

145

83

156

171

133

144

167

13

85

59

137

175

125

130

163

12

0

4

127

169

129

133

161

10

109

169

119

128

140

91

177

101

111

135

9

98

184

10S

129

143

11
13

51

43

49

47

94

183

100

118

138

62

52

103

172

105

123

134

1

85

64

103

175

114

134

133

9

133

116

81

104

172

129

140

151

91

111

178

128

143

91

146

85

113

177

117

139

120

176

99

134

171

103

120

119

112

75

107

177

94

108

117

83

64

94

172

101

113

85

49

162

96

118

104

104

160

85

102

104

139

53
91
116

120

167

92

114

107

84

78

90

180

96

119

103

103

86

102

177

100

124

108

128

95

106

174

116

144

105

116

80

99

168

124

140

103

88

52

111

162

124

14X

69

98

56

125

156

114

144

106

142

79

144

156

105

131

107

132

87

139

156

98

118

108

132

100

132

154

110

132

113

102

108

138

150

104

65

72

119

140

113

80

10
4

130
112
127

88

May..
June..
July..
,Sec footnotes on opposite page also.
i Data on locomotives in bad order for period 1916 to May, 1918, from Bureau of Railway Economics, from June, 1918, to February, 1920, from the U. S. Railroad Administration and since February, 1920, from the American Railway Association; 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 passcnger-milc operation and percentage of net operating income on tentative valuation
are from tho Hureau of Railway Economics; Pullman passenger traffic furnished by The Pullman Co.; express earnings are reports of the American Railway Express Co. to
the Interstate Commerce Commission, to which are added reports of the Southeastern Express Co. from the time of its organization in May, 1921.




141
RAILWAY OPERATIONS.
Table 95.—NUMERICAL DATA.
From Government and non-Government sources,
[Base year in bold-faced type; index numbers on opposite page.]
LOCOMOTIVES
IN BAD
ORDER.
YEAR AND MONTH.

REVENUES.

Total
Passen- operatFreight.
ger.
ing.
Per ct. to number in use.

TOTAL
OPERATING
EXPENSES,

NET
OPERATING
INCOME.2

Receipts
per
tonmile.

PASSENGERMILE
OPERATION.

THE
PULLMAN
CO.

Passengers
carried.
1 mile.

Passengers
carried.

Thousands of dollars.

Per ct.
on
valuation.

Tons
carried
1 mile.

Per
cent.

Total.

$176,916 $57,548 $255 ,139 $181,732
173,916
165,943
54,230 241, 608
178, 864
171,926
53,798 256, 630
198,031
214,784
58,980 302, 104
236,177
238,184
68,935 337, 539
2S8,183
334, 767
86, 056 410, 549
296,410
368, 287
98,334 432, 005
360,304 107,285 518, 785
485, 861
327,328
383,651
96,172 464, 429
333,918
371,304
89,670 468, 104

NET TON-MILE
OPERATIOx\.

Thousands
of tons.

Cents. I Thousands.

27,338,291
26,163,146
4 25,232, 208
* 31,126,359
36,409,975
33,033,629
37,411,868
28,729,900
31,275,680

0.719
.723
.722
.707
.715
.849
.973
1.052
1.275
1.176

3 2,822,922
3 2,880, 582
3 3,649,161
2,882,163
3,289,738
3,556,382
3,863,192
3,904,056
3,110,759
2,877,435

$59,900 3 5.15
53,451 3 4.17
70, 002 3 4.20
87, 265
6.16
81, 232
5.26
57, 759
3.51
43,024
2.46
4,846
0.09
51,329
3.08
64,722
3.82

Number.

EXPRESS
EARNINGS.

Tota

i

Ouer-

Thousands of
dollars.

3 2,072,018
a 2,182,396
3
2,021,039
2,326, 425
2,691,212
2,397,260
3,112,128 $12,613 $2,092
3,271,282
16,306 3,615
2,600.416
15,640
260
2,645,699
13,006
116

1913 monthly a v . . .
1914 monthly a v . . .
1915monthly a v . . .
1916monthly a v . . . 15.5
1917 monthly a v . . . 14.2
1918 monthly a v . . . 17.2
1919monthly a v . . . 27.1
1920 monthly a v . . . 21.1
1921 monthly a v . . . 24.6
1922 monthly a v . . . 27. 2

21.0
26.5
19.2
25.7
26.8

1920.
September...
October
November...
December...

25.9
25.0
25.8
26.1

438,882
480,375
436,891
386,564

129,857
113,902
106, 652
114,830

618,926
641,827
592, 054
550, 580

509,720
526,544
513,614
510,769

79,676
86,641
50,964
3,302

4.12
4.30
3.02
022

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

21,217
21,002
20, 570
20,345

24.4
25.7
26.6
26.7
26.8
26.0
24.9
25.6
25.3
25.6
25. Q
25.2

324,935
284,217
320,774
304,774
313,133
322,236
314,821
353, 815
354,841
401,952
342,371
2S8,666

105, 203
88,463
97,313
90,649
93,517
99,753
108,886
109,192
100,600
88,903
82, 638
88,723

470,389
406,496
459,048
433,398
444,860
461,585
462,940
505,732
498, 348
536,723
465,933
425,275

442,196
384,646
400,111
375,697
379,865
380,856
362,756
382,106
377,767
397,959
368,087
351,450

1,526
5,165
30,807
29,857
36,943
51,067
69,324
90,160
87, 606
105,521
66, 868
49,657

0.14
(5)
2.23
2.42
2.70
3.31
4.19
4.71
4.40
5.09
3.85
3.28

29,824,391
24,913,294
26,825,588
25,578,883
28,218,768
28,140,661
28,412,404
30,381,958
30,864, 054
36,670,230
29,221,710
25,706, 855

1215
1.274
1.320
1.316
1.236
1.261
1.234
1.280
1.271
1.229
1.273
1.239

3,358,000
2,857,000
3,056,000
2 ; 832, 811
2,969,406
3,214,896
3,637,499
3,622,956
3^,291,820
2,910,493
2,656,590
2,844,671

2,657,771
2,307,168
2,633,165
2,443,961
2,553,188
2,774,177
2,903,775
2,970,079
2,890,136
2,476,852
2,245,621
2,349,099

17,704
177
16,992
195
18,023
221
17,403
277
16,929
18
16,779
184
16,767
107
11,431
154
15,127
186
14,951
202
14,801
88
10,770 1,305

23.4
25.2
26.0
25.5
25.8
24.9
22.7
30.0
31.5
32.3
30.0
29.4

24.1
25.9
26.4
26.7
26.1
25.5
22.5
26.9
28.2
30.7
29.4
28.9

277,112
294,630
354,306
288,849
319, 362
331,872
299,169
326,486
355,402
406,106
389,501
364,106

83,736
73,621
80,563
83,461
85, 533
96, 012
100,668
101, 502
97,504
90,133
84,790
98,464

395,777
401,577
475,247
416,869
448, 948
473,785
443,183
473, 877
500, 203
550, 052
523,012
513,576

337,632
324,572
361,163
336,178
355, 589
363,984
340,726
387,100
408,561
428,972
409,453
404,898

29,632
47,702
83,483
50,272
61,981
76,594
69, 239
52, 580
58,457
85,255
78,869
79,155

2.75
4.68
5.96
4.01
4.45
4.88
4.12
2.70
2.89
4.05
4.46
5.15

27,150,745
28,450,913
32,904,832
24,727,919
27, 855, 386
29,048, 643
27,073,021
30,452, 607
34,270, 2G3
39,260,029
38,046,185
36,222, 280

1.164
1.152
1.198
1.291
1.271
1.249
1.209
1.168
1.120
1.125
1.119
1.109

2,698,888
2,396,439
2,592,731
2,701,720
2,821,701
2,269,479
3,495,000
3,504,000
3,221,000
2,956,538
2,759,938
3,111,789

2,444,584
2, 111, 766
2,356,701
2,461, 456
2,561,599
2,986,541
2,890, 939
3,063, 092
2,990,265
2,716,144
2,440,127
2,725,171

13,131
13,132
13,440
12, 980
13,583
13,272
12,991
8,644
13,408
13,543
13,672
14, 275

113
103
82
80
103
103
151
168
197
95
99

26.3
25.5
25.1
23.7

24.2
24.5
24.9
23.2

366,721
326,699

91,103
79,152
88,229

502,160
446,639
535,541

408,815
375,825
417,913

60,874
38,859
83,568

5.56
3.73
5.84

37,668,368
32,616,323

1.078

2,933,269

2,688,993
2,313, 420
2,636,742

12,995

105

1921.
January
February
March
April
M-iy

June
July
August
September
October
November
December

22.6
23.3
23.1
23.9
24.6
. . . j 24.2
| 25.0
i 24.7
! 24.5
j 24.4
| 24.9
24.7
24.6
24.2 |
24.2 I
25.1 '

1922.
January
February
March
April
May
June
July
August
September
October
November
December
1923.
January
February
March
April
May
June
July

5

34,942,744

281
269
246
211

See footnotes on opposite page also.
Net 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.
A
Fiscal year ending June 30 of year indicated.
4
These figures are from Interstate Commerce Commission reports.
* Deficit.
2




142

PUBLIC UTILITY EARNINGS.
Table 96.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA.
From Government sources.1
[Base year in bold-faced type.]
TELEPHONE
COMPANIES.

Y E A R AND M O N T H .

GAS AND
ELECTRIC
COMPANIES.

TELEGRAPH
COMPANIES.

ComTotal
Net
operat- operat- mercial
teleing reveing
nues. income. graph
tolls.

Telegraph

Gross
earnings.

Net
earnings.

TELEGRAPH
COMPANIES.

Total
Net
operat- operating reveing
nues. income.

Telegraph
Comand
mercial
cable Operatteleing
operat- income.
graph
ing
tolls.
revenue.

Gross
earnings.

Net
earnings.

$13,132 $3,710

$29,369

S1O,132

13,722
14,527
10,452
18,700

3 709
4,139
4 7S5
4,700

$5,89S

S7,674

$1,711

30 710
31,592
35 479
39,508

10,478
11,112
12,657
12,304

6,287
9,113
8,043
8,435

8,477
10,005
11,698
10,371
10,608

1,282
1,636
1,438
1,265
1,697

44,119
50,734
61,342
63,252
66,199

12,232
13,609
14,311
16,812
18, 612

rcveTIHO.

Relative to 1913.

Thousands of dollars.

Relative to 1913.

Relative to 1919.

(B) NUMERICAL DATA.

(A) INDEX NUMBERS.

104
111
125
142

1OO
100
112
129
127

154
188
231
270
30C

125
138
140
204
239

January
February...
March
April

262
253
271
277

May....
June....
July....
August.
September
October
November
December

GAS AND
ELECTRIC
COMPANIES.

TELEPHONE
COMPANIES.

70

105

1OO
10-5
108
121
135

83
1OO
120
106
111

84
1OO
110
103
105

78
1OO
88
77
104

150
173
209
215
225

121
134
141
1GG
184

20,225
24,635
30,320
30,265
40,204

4,649
5,104
5,415
7,573
8,882

173
181
213
232

108
98
112
103

104
94
107
101

42
37
93
75

237
217
222
215

179
168
172
168

34,394
33,206
35,650
36,398

6,434
6,706
7,896
8,599

8,183
7,412
8,535
7,823

10,480
9,457
10,772
10,163

689
599
1,524
1,228

69,546
63,820
05,325
63,245

18,167
17,067
17,457
16,981

278
280
275
278

223
218
184
193

107
109
103
108

102
105
99
105

76
88
50
78

212
204
198
198

161
147
137
131

36,560
36,743
36,160
36,566

8,275
8,084
6,829
7,178

8,123
8,283
7,805
8,239

10,315
10,601
9,989
10,615

1,251
1,434
816
1,270

62,163
59,905
58,212
58,098

16,284
14,873
13,926
13,267

275
289
287
288

219
220
220
172

110
110
99
104

107
108
98
104

112
86
80
111

203
217
225
241

150
170
193
210

36,067
37,905
37,657
37,871

8,132
8,168
8.172
6,398

8,333
8,371
7.526
7,884

10,812
10,913
9,857
10,486

1,835
1,409
1,311
1,815

59,702
63,753
66,004
70,800

15,182
17,240
19,514
21,232

January
February...
March
April

291
282
300
305

220
218
244
250

98
91
107
102

102
97

64
54
100
78

241
224
231
223

220
202
201
1%

38,183
36,998
39,393
40,058

8,149
8,073
9,070
9,272

7,451
6,950
8,117
7,766

9,586
8,932
10,302
9,808

1,042
883
1,643
1,275

70,899
65,661
67,725
65,581

22,246
20,500
20,360
19,886

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

305
307
304
309

243
246
217
231

113
115
108
120

108
109
103
113

123
128
83
119

222
215
210
214

181
166
147
132

40,059
40,252
39,889
40,572

9,013

8,585

8,620
8,744
8,198
9,079

10,882
10,967
10,363
11,381

2,008
2,101
1,364
1,944

65,295
63,259
61,612
62,974

18,364
16,834
14,867
13,353

September.
October
November..
December..

312
319
317
24

245
273
236
249

122
126
114
116

114
117
108
107

128
129
100
138

220
238
247
257

160
171
215
218

40,930
41,930
41,691
42,489

9,092
10,125
8,707
9,246

9,261
9,564
8,678
8,796

11,521
11,820
10,885
10,850

2,090
2,109
1,636
2,265

64,484

16,255
17,325
21,771
22,106

326
315

266
362

118
108

110
100

120
86

42,841
41,317

9,879
13,447

8,986
8,166

11,130
10,094

1,961
1,413

1913 m o . a v . .
1914 mo. a v . .
1915 m o . a v . .
191G mo. av.,
1917 mo. av..
1918 mo.
1919 mo.
1920 mo.
1921 mo.
1922 mo.

av
av
av
av
av

100

1OO
103
110
125
121

7,590

1921.

1922.

9,137
8,055

72,539
75,502

1923.
January..
February.
March
April

1
Telephone earnings are the combined reports of 13 largest telephone companies, and telegraph earnings are the combined reports of the Western Union and Postal
Telegraph Cos., as reported to the Interstate Commerce Commission; gas and electric earnings are the combined reports to the U.S. Department of Commerce, Bureau of the
Census, of 73 companies or systems operating gas, electric light, heat, power and traction services and comprising most of the large companies in the United States. (Jross
earnings are in general the gross operating revenues, while net earnings in general represent the gross less operating expenses and taxes, but owing to, a lack of uniformity
in the accounts of individual companies, it has not been possible to secure these actual itemsf or each company, andin such cases the nearest comparable figures have been
taken. Also in some cases the figures for prior years do not cover exactly the same subsidiaries owing to acquisitions, consolidations, etc., but these dilVercnccs arc not believed to be great in the aggregate.




143
WHOLESALE TRADE BY FEDERAL RESERVE DISTRICTS.
Table 97.—INDEX NUMBERS.
From Government sources,1
[Base year in bold-faced type.]
HARDWARE.

Y E A R AND MONTH.

100.0
1920 monthly a v e r a g e . . . 115.6
1921 monthly a v e r a g e . . . 79.9
1921 monthly a v e r a g e . . . 84.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

77.8

97.3
99.9

91.9

83.1
83.6

66.4
69.4

79.1
84.0

65.3
66.8

74.4

78.6

76.2

79. 5

85.5
96.9 |

88.2

94.1

61.6

61.6
55.8

90.2

78.2

68.1

57.4

83.0

40.2

37.1

72.0

64.8

52.3

51.1

46.7

31.1
50.2

114.3

102.2

69.0

88.9

81.7

114.6

94.5

62.1

78.0

72.0

60.3

82.7
54.1

88.0

121.1

68.5
86.4
79.8

78.0

109.6

57.7
77.2

78.5
69,9
93.2
91.4

39.0

88.7

58.6
64.7
97.4
94.8

53.4

83.6

73.1

103.9
104.8

105.5

60.1

74.3
78.7

85.7
92.7
80.1
85.8

62.8
62.3
47.9
73.0

55.1

49.5

62.8

51.3

74.2

76.0
74.3
62.7
75.9

83.5

I

May
June
July
August..
September.
October
November.
December..

71.9
70.5
93.1
92.1

75.3
67.4
87.3
91.7

100.0

100.0

100.0

100.0

59.4

65.1

56.6

63.1

66.6
62.8

61.5
65.9

76.2
74.0

37.4

41.1

56.6

44.2

47.4
58.7

100.5

73.7

98.1

84.6

66.3

93.2

75.5
36.7

54.3
61.3
61.1

78.2
80.5
64.7

71.5

67.4

I

1921.
January...
February.
March
April

•2
©

1
I

|

1919 monthly a v e r a g e . . .

SHOES.

78.1

88.6

84.5

84.0

84.8

81.9

71.5

70.5

85.7

74.0

81.6
82.0
71.6

53.8

75.7

76.5

70.1

89.6

82.1

82.1

63.9

78.7

70.1
75.6
65.2
68.9

80.8

76.2

91.6

86.1

90.8

73.0

82.4

64.6

80.3

71.7

93.0

82.1

86.1

83.2

104.7

91.5

95.4

80.8

85.0

62.6

84.1

87.2

93.4

82.6

100 3

61.3

88.0
88.2

67.8

52.3

40.0

55.7
59.6
43.9

76.3

60.3

77.8

78.1

77.1

92.8

84.3

81.2

72.6

75.1

58.3

72.1

88.4

69.3

93.3

70.6

65.0

67.2

60.9

51.3

69.0

79.4

85.3
77.4

68.5

68.8

45.3

71.7
74.2
66.3
46.6

58.1

55.7

68.9

64.3

50.7

39.3

48.9

62.9

75.9

54.2

65.9

58.4

56.2

51.6

41.3

57.2

65.8

71.6

81.9

85.6

89.9

78.9

65.1

82.7

59.6

76.6

73.8

89.4

84.6

85.5

70.6
68.4
102.8
110.6

59.2

57.7

94.8

84.7

59.7

85.6

74.5

74.8

75.3

91.9

43.5
50.0
70.4
65.1

92.7

95.7
91.3
80.1
86.1

61.8
59.2
56.2
75.7

97.5
100.5
86.1
92.6

78.9
78.4
74.1
81.0

81.7
88.6
78.1
80.2

77.5
76,5
76.8
79.8

105.6
113.0
98.1
105.8

60.5
58.8
45.2
66.0

93.5

75.3

84.8

98.2

106.8

77.6

98.6

74.5

84.6

101.2

108.4

77.2

89.0

67.4

79.8

90.6

103.9

67.4

79.1

57.4

79.3

76.0

92.1

57.3

83.4
77.6
102.8

116.6
100.2
148.8

71.4
68.6
92.4

84.9
96.4
124.8

55.7

86.2

59.9

82.4

90.7

83.8

87.9

92.2

98.5

82.8

78.1

74.0

68.8

68.7

65.5

42.4

44.2

41.2

36.8

43.3
45.7
68.8
52.2

39.3

65.0

42.5
56.4
68.2
65.8

49.9

49.5

54.1

51.7

44.8

53.2

93.2
87.3
70.7
62.4

1922.
January...
February.
March
April
May
June —
July
August..

91.7
81.3
89.5

September.
October
November.
December..

95.1

92.6

98.9

97.8

93.1

94.3

83.1

83.2

112.8

105.8

86.5

103.9

99.8

82.8

89.8

85.5

79.2

100.7

97.0

90.3

112.8

97.9

114.3

98.6

109; 5

96.5

94.8

80.3

80.2
90.1
84.0
80.0

103.2
87.1
109.1

91.7
74.2
86.4

107.1
115.8
110.7
106.0

66.3

36.4

56.8

45.6

66.7

74.6

58.1

56.1
56.6
79.9

79.5

54.6

71.8

75.2

57.8

70.1

55.1

41.2

39.7

50.2

40.9

53.0

71.3
71.7
61.4

57.5

63.5

73.6

60.0

80.9

87.1

73.3
70.2
62.0
54.1

73.6

83.7

76.2

84.1

85.4

79.4

80.8

77.3

80.3

87.7

65.5

72.9

62.6

78.9

81.8

45.9

56.3

55.7

64.4

76.6

49.8
57.7
81.9

56.0
67.3
84.1

46.7

67.7
62.8
76.7

68.4

I

1923.
January...
February.
March

46.8

87.8
82.1
108.2

77.6
72.4
103.2

91.6
88.5
122.0

89.4
113.3

103.1

56.3

57.7
52.1
80.6

47.3

72.8
81.0

April
May..
June.
1

2

Compiled by the Federal Reserve Board, Division of Analysis and Research.

Represents a combined weighted index based upon the total value of their production in the year 1919. For detail and methods of computation, see Federal Reserve
Bulletin for April, 1923.




144

WHOLESALE TRADE BY FEDERAL RESERVE DISTRICTS.
Table 98.—INDEX NUMBERS.
From Government sources.1
[Base year in bold-faced type.

GROCERIES.

Has.

o
"SI'S

Citj

climo nd.

rk.

1

5

1

ins as

*
*
<

1

Dallas.

I

line
icts.

S
Licago

ft

lanta

o

Cle\ elar

t-l

3

nFra ncis

1

.5
2
Phi ade

Y E A R AND MONTH.

n
11
I2

CRUGS.
H

C
3

s
Relative to 1919.

100.0

1919 monthly average.. 100.0
1920 monthly average..
1921 monthly average..
1922 monthly average..

100.0 100.0

100.0

100.0

100.0

74.1

100.0

77.1

72.2

74.7
70.8

78.6

93.0

69.1

76.7

79.1
74.4

75.6 | 72.8

79.8

73.4

72.5

70.2

78.9

91.0

70.7

January
February
March
April

73.4
72.6
82.5
74.5

70.3
63.1

77.3
74.2

71.5 I 74.6

66.4
67.9

88.5

72.4
72.4
79.2
84.0
73.1 | 71.2

79.7
77.2
81.7
74.6

65.4
68.2
80.9
71.5

70.4
71.8
84.9
74.5

82.2
82.7
100.2
92.2

May
June

74.1
77.6
77.1
82.0

69.7

75.3
79.6

74.5
75.1
69.5
76.9

68.0

86.0

71.9
73.0
77.2 | 71.0
71.8 : 70.8
77.9 ! 73.3

81.1

73.9
83.5
87.6
91.9

81.1
84 8
76 0
69 0

76.6
84.8
72.1
72.3

80.6
83.4
80.9
69.6

75.3
79.8
74.2
66.0

79.8 79.7
81.6 78.5
76.1 i 69.9
67.3 ! 70.1

78.2
71.7
02.6

65.6
62 2
76 3
66 2

63.8
59.8
76.8
64.0

65.8
64.5
72.3
62.0

59.0
57.0
69.5
60.7

63.9
61.7
72.7
65.1

62.6
62.3
74.0
62.0

69.3

69.2
76.9
68.8
74.0

76.4
74.1
72.4
77.4

100.0

100.0
111.9
96.6
100.5

100.0 100.0

100.0

100.0

100.0

100.0

85.4

90.1 112.5

107.7 113.6

89.3

115.9

93.1 115.5

79.2
74.2
94.2
91.7

96.5
92.9
110.4
99.9

97.0
.8
96.0
.1
101.2 116.4
88.0 110.0
88.1
'9.7
85.8 105.0
83:4 101.4
93.8 135.0

96.0 I 112.3

1921.

July
August.

September.
October
November.
December..

73.8
68.6
80.9

76.0

78.2

69.2 j 90.1
75.7
67.9

112.2
91.5

94.0
89.0
105.8
98.4

I 87.5
! 94.2
I 95.7
! 93.1

67.8
66.5
66.1
69.5

94.3
91.9
104.5
91.9

93.5
94.3
91.1
100.1

92.6
94.6
95.6
101.1

106.6
109.5
106.8
110.5

84.6
83.1

85.2
86.5
76.5
87.2

95.6
96.1
95.8
97.6

84.9
81.7
74.1
64.0

101.8
107.5
96.6
81.7

75.7
76.8
61.6

95.4
103.3
91.9
77.5

103.5
107.1
94.0
88.0

102.7
111.6
95.4
85.2

122.0
114.5
104.7
106.4

90.3
93.3
81.8
75.0

92.0
95.4
85.3
77.6

105.0
104.3
97.1
94.8

94.6
93.9
83.3
75.9

125.2
137.4
111.9
109.0

60.3
57.2
70.9
60.9

65.0
59.7
78.3
69.9

78.9
75.4
89.7
81.8

56.5
60.2
67.5
61.3

89.5
76.8
97.5

102.4
103.2
129.4
97.4

110.3
111.1
123.2
105.3

90.5

85.8

94.4
94.2
113. 7
93.6

79.4
77.8
96.7
86.3

89.6
84.8
97.8
84.4

82.0
78.1
88.1
76.1

103.0
106.9
131.4
105.3

71.8
72. 2
08.1
76.9

68.4
79.7
G8.2
75. 6

77.6
91.4
81.5
91.4

89.1
100.2
87.3
92.2

64.5
67.2
64.8
73.1

97.4
108.3
105.3
99.8

96.6
99.6
93.6
102.9

99.6
104.1
101.7
104.0

109.1
113.1
107.1
114.4

85.2
84.1
81.6
86.0

92.7
94.9
81.5
91.9

89.4
95.5
89.5

78.6
78.7
80.2
92.7

109.7
112.5
106. 6
133.4

87.8
92.6
80.4
72.3

92.1
98.5
90.9
89.1

97.4
104.4
98.5
96.3

96.5
98.4
84.4
76.1

125.4
126.5
121.0
109.6

73.5
75.4

73.5 ! 94.2

58.8

85.2 110.0
102.0 125.1
92.9 116.4

1922.
January...
February..
March
April
May

) 74.1

June

j 82.1 79.0

July
August

! 74.5
! 86.4

71.7
75.2

72.9
78.8
70.1
77.0

90.5
98.7

81.1
95.4
95.9
88.8

76.4
85.4
87.7
79.6

77.3
80.0
83.9
73.1

79.2
81.7
81.6
74.1

78.8
85.0
83.3
73.0

76.9
80.9
74.7
68.7

87.4
86.2
84. 3
73.5

101.2
107.9
100.9
87.0

108.2
124.2
114.6

104.6
111.1
102.9
99.0

111.0
125.8
108.7
104.5

115.6
115.8
116.6
121.3

93.6
93.8
95.1
83.9

74.9
74.9
79.7

79.3
69.8
83. 6

76.2
73.7
SO. 4

07.1
64.1
74.6

75.4
72.0
81.8

79.6
81.9
82.4

63.7
67.7
71.8

71.5

79.4 ! 72.8
94.9
100.6
69.9 I 96.7
76.3 ' 94.2
93.1

113.4
106.3
120.6

120.2
117.5
131.0

127.8
116.1
137.4

112.9
93.1
108.3

September.
October
November..
December..

I

1923.
January
February
March
April

73.3
61.1

101.3 100.7
93.2 101.9
111.3 ! 104.9

113.5
83.7
90.7 137.7

May..
June.
1
Compiled by the Federal Reserve Board. Division of Analysis and Research.
2
Represents a combined weighted index based upon the total value of their production in the year 1919. For details and methods of computation, see "Federal
Reserve Bulletin" for April, 1923.




145
WHOLESALE TRADE BY FEDERAL RESERVE DISTRICTS.
Table 99.—INDEX NUMBERS.
From Government sources.1
[Base year in bold-faced type.]
DRY GOODS.

YEAR AND MONTH.

TOTAL,
MEAT
INDEX. 2 Weighted
index, 9
districts.

New
York.

Cleveland.

Richmond.

Kansas
City.

Atlanta.

Dallas.

100.0

INDEX
OF
WHOLESan FranSALE
cisco.
TRADED

100.0

Relative to 1919.

1921 monthly average..

54.5

1922 monthly average..

50.1

100.0
114.9
80.2
80.9

1921.
January..
February.
March
April

05.0
55.9
51.7
52.8

04.1
80.7
100.7
88.0

May
June
July....
August.

53.1
54.0
58.6
57.9

September.
October
November..
December..

1919 monthly average..
1920 monthly average..

100.0

100.0

100.0

100.0

100.0

100.0

100.0

80.9
78.3

09.7
70.0

84.1

70.0

84.2

91.7

75.2

124. 6
121.3

88. 8
80. 8

89.7
97.8

100.0
111.0
73.7
75.0

62.1
90.5
101.4
96.0

70.0
82.1
104.9
88.0

66.9
77.1
95.7
79.0

50.9
63.7
86.6
64.2

64.0
71.4
95.7
84.0

60.6
69.9
78.2
67.6

75.9
100.3
143.1
129.0

00.9
89.1
107.0
80.2

65.4
72.7
95.4
94.8

68.7
69.5
80.6
73.9

79.1
80.0
75.7
105.2

88.2
89.9
72.5
105.2

74.0
70.6
67.3
93.2

66.7
67.4
69.2
103.2

50.9
56.2
60.2
85.6

78.3
80.0
78.4
104.2

64.8
61.7
85.5
126.4

100.5
115.1
127.8
165.0

77.8
70. 0
80.0
110.0

80.9
88.5
75.1
101.4

70.9
72.8
71.0
80.4

54.7
01.3
43.1
45.6

115.2
104.9
74.2
64.9

111.8
104.3
86.1
86.8

106.5
101.1
81.1
63.8

119.2
109.9
71.9
44.5

115.5
99.3
60.2
37.0

113.6
103.3
83.0
52.8

99.0
82.4
67.3
55.7

170.2
141.7
114.7
99.2

125.8
127.0
82.3
47.9

123.3
113.2
98.6
67.1

82.1
83.8
68.4
62.1

1922.
January..
February.
March
April

49.3
48.9
51.3
48.3

81.4
80.2
88.2
74.6

81.4
91.9
90.3
77.2

77.0
75.9

65.0
63.7

88.4
71.3

78.5
66.2

52.0
55.6
71.8
62.6

87.5
79.6
91.1
74.7

85.0
62.1
60.8
48.7

128.4
110.1
124.2
105.2

05.7
78.0
78.3
72.1

77.3
74.7
92.3
82.4

64.2
62.9
74.3
65.8

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

58.2
02.0
59.2
55.9

79.0
78.9
80.2
112.7

77.7
79.3
70.6
105.5

74.1
72.2
62.2
96.0

61.6
67.4
73.6
106.6

59.7
50.2
68.3
94.9

94.5
84.0
85.3
109.1

57.5
69.7
86.2
122.3

98.5
108.4
113.5
155.0

71.0
09.7
89.2
131.7

87.9
90.6
93.0
125.4

72.6
76.9
72.1
83.6

September..
October
November..
December..

00.5
67.8
54.1
56.8

110.1
108.3
94.4
72.8

105.6
107.6
94.1
80.8

102.4
105.0
95.1
90.8

109.3
100.0
87.1
60.5

90.9
97.2
79.1
51.3

130.8
103.9
89.6
69.9

98.7
85.1
73.6
52.9

152.8
141.4
118.9
92.9

125.4
123.0
87.5
48.9

129.3
121.2
123.6
76.4

88.1
92.4
84.0
75.0

1923.
January..
February.
March
April

59.3
55.8
53.7

105.4
100.8
113.0

96.0
108.6
116.7

101.7
98.2
110.7

105.3
95.0
102.3

89.4
80.6
123.5

108.2
92.6
111.6

91.3
86.6
59.8

154.8
152.0
161.0

108.8
94.7
89.4

104.3
92.6
118.7

78.2
75.8
83.4

May..
June..

91.2
88.5

83. G

100.0

I

1

Compiled by the Federal Reserve Board, Division of Analysis and Research.
2 Represents a combined weighted index based upon the total value of their production in the year 1919. For details and methods of computation see Federal Reserve
Bulletin for April, 1923.
a
Weighted average based upon the total volume of wholesale trade in lines separately shown on this and the preceding page.

43622°—23-




-10

146
DISTRIBUTION MOVEMENT.
Table 100.—INDEX NUMBERS.
Based on data from Government and non-Government sources,1
[Base year in bold-faced type; numerical data on opposite page.]

THEATERS.

Y E A R AND M O N T H .

Taxes on Sales by
admis- manufacsions. 2
turers. 3
Relative to 1920.

POSTAL
RECEIPTS.

Relative
to 1919.

74
80

1OO
73
66
57
41

77

100
70
77

93
1OO
113
113
124

128
143
148
150
165

152
185
206
186
192

41
42
23
22
26

1921.
January...
February.
March
April

108
109
102

93
69
68
74

109
104
124
112

May....
June
July
August.

99
102
80
82

65
62
57
50

106
107
95
105

84
89
97
92

48
68
82
100

111
118
119
145

89
81
87
75

132
91
64
58

114
111
132
120

65

62
57
55
59

121
121
106
116

74
76
94

63
86
86
110

124
135
135
159

81
92

101
81
82

136
126
152
133

1918 monthly
1919 monthly
1920 m o n t h l y
1921 monthly
1922 monthly

average
average
average
average
average

September.
October
November.
December..

75

100
95

8

94

159

200

to 1919.

16
18

15

35

21

73
75

110
154
188
121
129

73
1OO
114
103
108

120
129
135
137

101
89
109
107
115
104
87
85

108
120
124
116

100
117
112
113

102
90
112
116

150
134
110
102

27
31
19

1OO
95
94
116
122

91
113
124
140

74
46
39
29

169

194

Relative

140
129
103
90

18

1OO

180

134

Newspaper.*

Relative
to 1913.

Relative to 1913.

1OO
101
103
118
131

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

Magazine.4

Foreign.

Domestic.

1OO
106
116
131
130

1913 monthly
1914 monthly
1915 monthly
1916 monthly
1917 monthly

ADVERTISING.

MONEY ORDERS ISSUED.

CANDY.

116
108
93
92

121
156
153
148

105
126
120
120

114
141
164
188

108
100
125

1922.
January...
February.
March
April
May....
June
July....
August.

77
64

September...
October
November...
December

162

179

168

19

188

177

20

226

44

29

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

185

Pee footnotes on opposite page also.
1
Internal revenue taxes on admissions to theaters, cabarets, etc., and candy sales from U. S. Treasury Department, Bureau of Internal Revenue: postal receipts in 50
selected cities and money orders (quarterly data), from U. S. Post Office Department; magazine advertising as reported by Printer's Ink; newspaper advertising compiled
by Nao York Evening Post.

hence, the data for 1922 are not quite as comprehensive as the earlier data. However, the variance is not such as will not allow comparison.




147
DISTRIBUTION MOVEMENT.
Table 101.—NUMERICAL DATA.
From Government and non-Government sources.1
[Base year in bold-faced type; index numbers on opposite page.]

MONEY ORDERS ISSUED.

Y E A R AND M O N T H .

Domestic.
Number.

Thousands of dollars.

1913 monthly average..
1914 monthly average..
1915 monthly average..
$13,543

1916 monthly average..
1917 monthly average..

14,611
17,066

1918 monthly average
1919 monthly average

$5,408

6 $37,411

18,380

7,247
6,892

39,670

5,603

30,538

20,688
20,759
22, 878

7,121

7,416

36,838
27,525
26,872
29,320

20,013
19,115
22,723
20,593

May
June
July...-.
August.

7,152
7,368
5,823
5,930

25,980
24,767
22,516
19,992

19,504
19,752
17,509
19,289

September.
October
November..
December..

6,123
6,416
6,995
6,690

19,202
27,076
32,595
39,798

20,407
21,670
21,806
26,727

January...
February.
March
April

6,453
5,867
6,285
5,439

52,360
30,280
25,309
23,116

20,957
20,394
24,283
22,098

May
June
July
August..

5,818
5,547
4,621
4,710

24,783
22,645
21,791
23,336

22,317
22,169
19,543
21,372

September.
October
November.
December..

4,789
5,396
5,485
6,825

24,897
34,255
33,990
43,693

22,764
24,777
24,812
29,150

6,766
5,877
6,700

39,958
32,007
32,398

24,935
23,082
27,870
24,374

1920 monthly average
1921 monthly average

j

1922 monthly average

27,707

Value.

ADVERTISING.

Magazine. 4

Foreign.

Number.

Newspaper.

Thousands of agate lines.

Value.

24,683
26,058
28,602
32,358
32,004

SI 66,097
! 107,446
171,278
195,552
216,798

988
718
655
560
407

823,561
17,322
10,933
9,078
6,843

1,224

31,490
35,185
36,605
37,072
40,698

252,262
306,777
341,781
308,475
319,643

405

6,389
7,275
4,402
3,698
4,298

1,344
1,890
2,305
1,480
1,573

415
226
216
253

1,161
1,147
1,415
1,490

61,440
62,671
61,067

83,859
95,832
86,661
90,792

1921.

January..,
February.
March....
April

7,803
7,864

1,105

! 331,880

181

,

3,584

36,301

j 299,297

175

|

96,516
86,970
73,203
71,177

1,325
1,467
1,522
1,421

84,153
97,748
93,998
94,611

1,112
1,383
1,515
1,717

85,944
75,342
93,592
97,160

1,830
1,644
1,351
1,243

3,375

|

85,107
74,974
91,503
89,966

1,713

39,312

1,462
1,580
1,655
1,680

97,086
90,796
77,966
77,393

1,485
1,907
1,877
1,817

87,904
105,637
100,616
100,601

1,399

90,422
83,496
105,023

1,574
1,257

33,157

; 280,109

159

|

2,849

39,520

|

349

I

4,984

322,616

1922.

40,005

297,488

184

3,010

41,395

311,572

191

3,350

36,504

294,439

3,962

44,889

375,273

6,871

j

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

1,730
2,002
2,298
2,270

I
See footnotes on opposite page also.
Computed on the basis of a 5 per cent excise tax prior to January, 1922, and since January, 1922, on the basis of a 3 per cent tax (revenue act of 1918 superseded by
revenue act of 1921).
4
These figures represent the number of lines of advertising carried by the leading magazines dated for the month noted.
& 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, Minneapplis, 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.
6
Six months' average, July to December, inclusive.
3




148

RETAIL TRADE.
Table 102.—INDEX NUMBERS.
Based on data from commercial and trade sources.1
[ Base year in bold-faced type; numerical data on opposite page.]
1

TEN-CENT STORES

MAIL-ORDER HOUSES.
Total sales.
YEAR AND
MONTH.

4
2
houses.2 houses.3

MontSears,
Roebuck gomery
Ward
& Co.
& Co.

Total.<

F. W.
Woolworth
Co.

Relative
to 1919.

S. S.
KresRC
Co.

MISCELLANEOUS.

S.H.
McCrory
Kress &
Stores
Co.
Corp.

J. C.
Penney
Co.

United
Cigar

Owl
Drus
Co.

American
Wholesale Corp.

Stores
Co.

Rein live to 1913.

1913 mo. av
1914 mo. av
1915 mo av
1916 mo. av
1917 mo av

1OO
105

1OO

1OO

1OO

100

100

1OO

1OO

105

1OO
121

1OO

103

1OO
107

1OO

106

91

110

101

120

i is

124

120

115

158

104

115

135
183

105

111
112

101

154

156

141

131

199

126

140

319

121

117

1%

154
187

199

161

148

227

146

164

564

145

130

1 5°

191ft mo. av
1919 mo av
1920 mo. av
1921 mo. av
1922 mo. av

203

208

201

182

162

274

178

196

811

176

174

156

100

264

270

267

208

180

322

213

234

1 092

210

205

91 (]

103

264

266

278

246

213

387

266

269

1,623

269

253

233

72

188

186

191

258

223

421

264

268

1,767

257

270

213

79

204

191

233

293

253

492

317

284

1,857

247

278

1S3

69

189

196

173

179

151

291

201

197

1,255

242

264

237

65

173

176

165

193

166

314

210

206

232

249

198

95

244

252

223

253

214

420

263

276

1,243
1,698

260

266

219

78

203

206

195

233

199

398

245

241

1,696

263

258

165

May
. .
June.
July
August

60

160

151

161

233

203

383

222

244

1,732

256

249

151

62

159

206

229

195

384

222

251

1,745

251

263

160

49

133

139
134

131

225

233

231

1,-197

254

273

238

159

157

166

242

195
211

370

56

390

249

244

1,526

250

271

286

September
October. . .
November
December

73

188
222

1S6

192

89

218

230

83

211

80

217

203
214

65

175
161
211

178

59
84

156
198

77

196

185

70

194
174

1921.
January
February
March
April

1922.
January
February
March
April
Mav
June
July
August
September
October
November
December
1923.
January
February
March
April

236

205

389

238

239

260

313

261

470

304

271

273

237

461

266

2, 220

245

290
261

253

22'J

274
268

1,940
2,422

253

296

224

503

438

786

540

530

2,245

309

331

134

169

197

172

326

216

182

210
247

183
215

341

204
238

236
265

229
132
163

244

471

267

1,433
1,792

199
194
244

281

235
270
308

984
1,089

246

175
243
222

244

254

154

182

193

270

233

444

276

280

1,849

128

261

265

448

271

274

1.54

1.54

444

153

168

235

464

1,455
1, 556

247
246

135
254

157

287
304

275

57

263
272

279
251
248

1,813

154

225
228

253
241

261

137

289

225

76

190
268

180

214

284

308

257

326

545

319

335

113

277

254

332

318

269

571

352

311
288

260
246

202

311

2,160
2, 696

274

250

245
286

491

110

2,599

244

252

237
202

109

287

261

351

582

497

952

660

610

2,862

340

370

138

243

238

256

242

200

446

273

229

1,273

221

263

311

232

215

274

203

454

1,283

209

253

174

248

392

286

629

279
394

223

290
272

245
341

296

1,994

255

288

181

241

348

69
58

:

406

253

July




See footnotes on opposite- page.

326

198

'

149

RETAIL TRADE.
Table 103.—NUMERICAL DATA.
From commercial and trade sources.1
[Base year in bold-faced type; index numbers on opposite page.]
MAIL-ORDER
HOUSES.

YEAR AND MONTH.

Total. 3

Sears,
Roebuck
& Co.

TEN-CENT STORES.

Montgomery
Ward
& Co.

Total. 4

F. W.
Woolworth
Co.

s. s.
Kresge
Co.

McCrory
Stores
Corp.

MISCELLANEOUS.

S. H.
Kress &
Co.

J. C.
Penney
Co.

United
CiKar
Stores
Co.

Owl
Drug
Co.

American
Wholesale
Corp.

Thousands of dollars.

1013 mo. av.
1914 mo. av.

$11,27/5
11,M7

1015 mo. av.
IHU) mo. av.

$7,972

$1,105
1,341

$4/50
411

$S9S

6,333

1,715

46X

1,030

102

7, 257

2, 200

566

1,255

70L

2, 9X5

381

1,807

8,174

2, 508

1,469

1,210

3, 576

443

2,071

1,763

1,778

4, 336

500

2,130

2,104

2, 39X

5,172

667

2,944

2, 115

3, 569

6, 637

823

3, 1X8

1,187

2, 409

3, XX7

6,339

879

2, 905

5,433

1,427

2, 554

4,0X6

6,079

902

2,502

8,336

3,215

903

1,773

2,759

859

3,240

9,138

3, 468

946

1,850

2, 732

5,713

810

2,702

20,133

11,831

4,642

1,185

2,475

3, 732

0,413

804

2,987

6,464

18,589

10,963

4,392

1,102

2,160

3, 720

6,494

837

2, 255

8,427

$3,3 10
3,420

13,49*

0, 3X9

17,407

12,237

1917 mo. av.

20,982

191 s mo. av.
1919 mo. av.

8,544

$/>,/» 1 9
5, SOI

4,113

9, 582

5,178

11,278

11,850

6, 592

12,806

22,891

16,544

6,664

14,520

S, 931

3,026

800

29,772

21,494

8, 838

16,575

9,958

3, 556

957

1920 mo. av.

30,233

21,217

9,192

19,023

11,711

4, 270

1,197

1921 m o . av.

21,206

14, ,834

6,330

20,558

12,302

4,656

1922 m o . av.

22,969

15,180

7,706

23,356

13,942

January

21,320
19,465

15,598
14,003

5,721
5,462

14,227

February

15,405

March

27,502

20,106

7,396

April

22,839

16,375

$2,40/5
360

$1,300
1,303

304

2, 192

991

1,380

1921.

May

1X, 060

12, 239

5,321

18,572

11,203

4,232

1,001

2,110

3, 806

0,309

810

2,057

June

17,900

11,094

6,806

18,272

10,741

4,245

999

2,255

3,835

0,180

855

2,183

July

15,005

10,676

17,956

10,744

4,087

1,048

2,077

3,290

0,203

888

3,250

August..

17,900

12,477

4,329
5,483

19,273

11,641

4,311

1,122

2,191

3,354

6,100

882

3,912

September.

21,163

14,800

6,363

18, 842

11,325

4,300

1,069

2,148

4,263

6,231

840

• 4,270

October

24,9X2

17,378

7,604

23, 564

14, 408

5,190

1,235

2,731

5,323

6,691

943

3, 461

November..

23,767

16,180

7,581

21,796

13,107

5,098

1,200

2,385

4,883

6,029

849

2,700

December.

24, 500

17,081

7,425

40,062

24,191

8,086

2,430

4,755

4,938

7,613

1,108

1,831

January...

19,782

5,594
5,785

9,517

3,598

901

1,632

2,105

4,898

18,198

14, 188
12, 413

15,711

February.

16,749

10,080

3,763

1,045

1,835

2,395

4,794

760

1,806

March

23,832

15, 801

8,031

19,677

11,847

4,481

1,205

2,134

3,153

0,013

800

2,226

April

22,071

14, 713

7,358

22,429

13,439

5,208

1,386

2, 396

3,943

0,012

825

2,107

12,884

1,242

2,511

4,067

0,226

848

1,750

1,219

2,508

3,988

5,932

891

1,848

1,293

2,250

3,202

6,100

895

3, 468

12,960

4,903
4,945
4,901
5,122

1,369

2,225

3,424

6,064

938

3,073

5,423
6,019
6,313
10,515

1,386

2, 304

4,753

6,421

891

2,764

1,436

2,797

5,932

6,074

1,089

3,234

1, 585

2, 582

5,717

6,025

820

2, 763

2,908

5,477

6,297

8,385

1,203

1,856

1922,

May

21,855

14,478

6,377

June

19,565

10,910

8,655

July

17,355

12,245

5,110

August..

17,709

12,156

5, 553

21, 540
21,104
21,001
21,676

September
October

21,464
30,222

November
December

31, 201
32, 379

14,375
19,933
20,197
20,756

1923.
January
February...

27,407
26,178

March

32,730

April

30,691

12, 432
12,557

3,133

7,089

22, (520

13,507

10,289

26,026

15,774

11,004

25,314

14,834

11,623

46,415

27,455

18,930

8,477

19, 265

11,049

4,929

1,227

2,060

2,800

5,440

856

4,249

17,115

9,063

19,506

11,231

5,016

1,257

2,002

2,823

5,158

823

2,377

19,755

12,975

27,158

15,780

6,950

1,772

2,656

4,387

6,281

935

2,472

19,178

11,513

13,940

1,466

May.
June.
July.
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. Data
on American Wholesale Corporation placed here for convenience. Mail-order and chain store sales are reported directly by the companies or compiled from the Commercial
and Financial Chronicle, except the index of four mail-order houses.
2
Compiled by the Federal Reserve Board, Division of Analysis and Research, and the index, based upon the combined average sales in 1919, includes Sears, Roebuck
& Co., Montgomery Ward & Co., Larkin Co., and the National Cloak & Suit Co.
3
Includes Sears, Roebuck & Co. and Montgomery Ward & Co.
11ncludes F. W. Wool worth & Co., S. S. Kresge Co., McCrory, and S. II. Kress & Co.




150

RETAIL SALES.
Table 104.—INDEX NUMBEBS.
Based on data from Government sources,1
[Base year in bold-faced type.]
CHAIN STORES.

DEPARTMENT STORES.
Federal Reserve District.

YEAR AND
MONTH.

Total
for 9
disFive
Shoe
Music
tricts, Grocery and ten Drug
San
New
AtChi(8
Phila- Rich(21
(5
(4
Boston York delphia mond lanta Chicago Minne- Dallas' Fran- weight- chains).
(4
apolis*
chains). chains). chains). chains).
ed
(24
cisco
chains).
(21
(24
(64
(70
(35
(18
(19
(306
stores). stores).
(31
stores). stores). stores). stores). stores). stores). stores). stores).
Relative to 1919.

1919 mo.
1920 mo.
1921 mo.
1922 mo.

a v . . . 100
av...
116
a v . . . 114
a v . . . 118

100
118
113
116

100
119
117
119

100
113
106
101

100
119
101
94

100
122
106
110

100
113
105
102

100
120
99
92

100
121
116
121

100
119
110
111

100
143
127
144

100
118
124
141

100
119
123
127

100
133
132
129

100
121
118
115

100
110

109
123
134
178

102
135
143
185

106
134
139
169

101
129
136
188

107
138
136
185

115
129
130
182

114
120
122
164

117
136
139
180

117
130
122
188

109
131
134
181

142
142
139
137

112
130
126
215

119
123
114
150

137
151
134
181

112
143
135
155

119
127
132
179

January—
February..
March
April

109
86
121
118

107
89
119
116

109
88
126
125

92
84
118
108

91
88
113
101

92
87
112
110

82
108
115

93
88
113
98

108
94
117
111

101
88
117
112

126
120
132
123

86
93
121
112

118
112
125
123

120
117
132
135

86
83
141
140

79
78
82
75

May
June
July
August

118
122
78
83

114
113
78
74

121
113
90

107
112
77
76

106
95
74
75

113
105
81

108
108
84
94

103
99
71
70

115
108
93
113

113
109
81
84

120
119
116
122

112
110
108
116

121
122
124
121

130
128
129
128

137
128
101
87

65
60
56
72

September.
October
November..
December..

98
128
124
188

92
139
131
189

91
139
136
171

84
120
117
178

120
110
155

100
112
113
158

100
111
108
146

91
114
104
149

108
124
115
181

95
125
120
172

122
138
136
149

113
142
134
242

120
125
116
147

128
138
125
173

103
135
119
150

82
99
107
173

January—
February..
March
April

100
84
110
125

85
109
119

97
88
112
132

76
72
94
106

74
73
85
98

77
94
112

71
91
107

75
71
91
87

100
84
111
110

90
80
101
113

138
130
149
139

95
101
118
135

117
115
123
121

111
109
124
125

80
81
104
156

72
75
81
79

May
June
July
August..

123
122
82
88

118
115
78
78

126
109
87
95

103
103
71
73

98
86
70
74

117
110

106
101
81
93

97
89
65
68

133
112
96
119

115
108
80
87

138
137
135
139

130
127
126
130

123
124
126
128

129
123
127
127

127
122
101
87

81
81
83
99

September.
October
November..
December..

114
135
135
197

107
145
142
199

107
144
147
186

91
119
122
185

114
113
162

114
122
131
185

105
120
107
164

101
105
105
149

113
137
132.
204

106
130
130
186

141
149
162
166

136
157
152
279

129
133
122
161

135
127
127
179

118
121
122
165

118
119
121
204

106
92
127

108
91
129

106
98
149

84
80
115

78
106

93
120

92
77
105

81
73

115102
135

123

165
159
188

116
117
163

129
125
145

116
110
135

71
136

95
'88
96

101

1920.
September.
October
November..
December..
1921.

1922.

1923.
January....
February..
March
April
MayJune.
July1
Compiled by the Federal Reserve Board, Division of A nab/sis and Research, Index numbers are based upon dollar values.
» With the exception of the 4 music chains which operate only locally through the West, these data include the larger individual chain-store systems ,which in the aggregate cover practically the entire country. 13.337 unit stores are represented by the 21 grocery chains; 1,708 unit stores by the 4 five and ten cent chains; 463 unit stores by
the 8 drug store chains; 2,732 unit stores by the 3 cigar chains; 276 unit stores by the 5 shoe chains; and 58 unit stores by the 4 music chains.
' I n calculating bases estimates are made for sales of stores in the Minneapolis and Dallas districts for the months of 1919 for which there are no reports.




151

DEPARTMENT STORE STOCKS.
Table 105.—INDEX NUMBERS.
Based on data from Government sources,
[Base year in bold-faced type.]
VALUE OF STOCKS AT END OF MONTH, BY FEDERAL RESERVE DISTRICTS.
YEAR AND MONTH.

Index for
PhilaRichSan
MinneUnited
Dallas
Atlanta Chicago
Boston New York delphia
mond
Francisco States 2
apolis.
(24 stores). (64 stores). (13 stores). (19 stores). (22 stores). (59 stores). (16 stores). (19 stores). (29 stores). (265 stores)
100.0
126.1
107.7
111.2

100.0

100.0
119.9
106.4
112.5

100.0

100.0

100.0

100.0

100.0

133.6
105.4
109.2

133.7
113.9
111.6

151.9
124.0
122.4

100.0
118.4
97.0
101.7

100.0

135.7
114.1
114.9

142.8
116.0
108.9

132.7
113.3
114.4

135.4
113.1
113.9

January...
February..
March
April

107.0
114.7
126.6
134.4

116.8
128.0
142.8
148.6

106.0
115.5
127.9
127.7

111.1
125.3
149.4
143.0

111.0
127.9
129.6
130.9

133.6
137.3
147.5
163.1

99.6
111.9
122.9
120.0

108.4
124.6
133.4
134.7

99.7
111.8
139.3
131.1

113.9
124.3
138.3
142.0

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

130.9
123.5
119.2
124.5

137.2
131.0
130.2
138.0

122.7
120.8
102.2
121.5

133.8
131.6
130.8
135.0

125.7
129.9
135.0
141.3

152.4
150.6
146.7
150.8

125.7
120.5
120.0
126.3

143.9
134.9
149.7
169.2

131.3
136.2
134.3
141.6

136.7
133.4
131.5
139.5

September..
October
November..
December..

136.8
141.9
140.4
113.6

148.7
149.9
143.0
114.7

127.8
130.6
123.9
111.7

149.2
149.2
137.4
101.8

154.2
160.4
150.4
108.2

167.6
175.4
166.8
130.5

129.2
129.2
122.8
92.7

181.8
174.7
156.6
101.6

148.2
151.8
147.0
120.4

150.8
153.8
146.3
114.3

January...
February..
March
April

97.4
99.7
106.4
109.6

101.4
106.4
114.4
117.5

95.8
99.4
107.2
105.6

87.1
95.4
103.4
106.5

101.2
110.1
113.2
115.7

112.9
119.3
126.4
128.4

88.6
88.7
72.5
95.7

100.8
110.5
117.5
117.4

100.1
103.3
109.2
112.8

101.1
105.9
111.6
115.0

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

107.3
103.2
100.7
102.1

115.4
109.2
105.1
110.6

105.4
102.1
97.9
104.9

104.3
99.7
97.7
104.3

111.2
107.3
105.6
113.4

123.7
119.5
117.3
118.2

97.6
96.5
97.5
103.4

106.5
110.6
107.9
123.7

112.7
107.3
109.7
120.3

112.2
108.2
106.1
111.9

September..
October
November..
December..

113.0
120.1
125.8
106.6

122.4
127.6
130.0
109.0

114.9
119.7
121.0
103.0

121.4
124.5
124.0
96.8

126.0
131.6
128.6
103.4

131.6
138.7
137.6
114.5

109.2
111.9
111.9
90.8

133.6
131.2
133.5
99.2

124.9
126.3
127.9
104.0

123.1
127.6
128.6
105.6

January
February
March
April

99.1
103.6
110.7
112.2

105.1
106.5
120.7
121.6

95.9
104.7
116.3
113.9

90.8
102.4
111.7
110.6

101.7
110.6
117.3
116.4

106.9
117.7
127.0
124.6

88.5
95.6
103.3
98.7

107.3
115.5
113.8

106.2
111.7
120.9
122.2

101.4
108.7
118.2
117.5

May
June
July....
August.

110.9
106.2
103.7
105.0

116.5
110.4
104.5
109.1

110.1
109.8
105.6
111.9

107.0
103.7
99.8
105.0

111.7
104.9
103.2
109.3

122.8
115.7
113.6
125.0

102.5
99.2
97.8
102.0

110.1
100.4
99.6
111.0

114.4
107.0
108.1
112.1

114.0
108.3
105.5
111.8

September..
October
November..
December..

116.9
125.1
130.0
110.5

120.2
120.5
131.4
110.4

121.6
127.5
126.7
105.9

119.5
130.3
126.0
103.2

118.5
121.3
123.1
101.2

128.9
134. 8
136 8
115.2

107.7
112.6
115.5
97.2

117.7
119.6
118.9
94.1

118.0
120.0
124.2
107.6

120.4
125.6
128.3
107.5

104.0
111.5
119.9

106.6
113.0
124.6

102.2
116.5
127.5

99.6
113.0
124.3

105.2
111.9
118.9

111.4
125.3
134.8

100.0
107.2
117.0

96.0
105.8
114.3

107.4
117.7
125.1

105.2
115.2
124.9

1919 monthly av
1920 monthly av
1921 monthly av
1922 monthly av

1920.

1921.

1922.

1923.
January
February
March
April
May..
June..
July..
1

Data compiled by the Federal Reserve Board, Division of Analysis and Research, and are based upon dollar amounts as reported to the Board.
Weighted index based upon the number of employees in retail stores as shown by the lat°st available census data. For details see Federal Reserve Bulletin for
February, 1923.
2




152
EMPLOYMENT AGENCY OPERATIONS.
Table 106.—INDEX NUMBERS.
Based on data from Government sources.1
[Base year in bold-faced type; numerical data on opposite page.]
JOBS REGISTERED.

WORKERS REGISTERED.

YEAR AND MONTH.

East- Cen- South- WestTotal.
tral
ern
ern
' Total.
ern
States. States. States. States.

East- Cen- South- WestEast- Cen- South- Western
tral
ern
Total.
ern
tral
ern
ern
ern
States. States. States. States.
States. States. States. States.

Relative t o 6 m o n t h s ' avera ge,

6 months' average, 1921..
1922 monthly average...
1921.
July
August .
September
October
November.
December

100
109

1OO

1OO

115

106

1OO
114

WORKERS PLACED.
Applicants
per
job.

July-December, 1921.

1OO

1OO

1OO

1OO

159

143

171

100
149

100
157

100
153

100
140

100
157

100

115

«84
98
128

95
101
114

98
95

2 97
»103

«87

109

* 105

131
83
76

108

106

98
85

116
115
111
115

97

109

8 94

MOO

6 94

95

101

«97

6 94

102

100

«104

93

99

101

97

U06

101

101

105

«96

104

122

112

115

<105

101

109

104

110

94

122

120

105

119

145

97

97

101

85

85

92

98

94

84

94

85

96

124

79

79

84

78

76

100
162

100
73

102

117

690
104
137

116

109

91

91

103

98

98

93

105

90

81

91

85

119

98

95

85

95

131

99

87

103

79

106

81

110

129

134

127

133

129

97

128

124

135

144

113

76

177
202

157
160

195
218

159
253

167
202

60

154

99

101
90

1922.
January
February
March
April
Mav
June
July
August
September
October
November
December
1923.
January
February..
March
April

86

55

92

76

108

86

70

81

85

102

98

102

85

119

93

85

85

100

115

112

117

99

102

119

125

120

114

105

109

106

113

93

138

139

149

142

130

187

114

136

111

164

128

180

115

165
166

146

119

186
216

215

128

245

279

192

118

123

110

114

153

182

159

193

153

195

169

145

174

168

187

65

115

115

112

107

137

192

153

218

138

201

180

146

191

145

206

60

112

123

102

117

206

173

236

190

166

182

167

243

54

129

112

125

205
212

187

120

143
136

230

191

212

199

173

198

187

235

56

104

108

103

117 .

93

161

188
147

182

159

142

170

158

155

99

70

93

69

123

131

134

146
121

140

85

90

122

133

127

127

99

64
69

101

113

100

123

74

136

153

144

146

97

134

150

137

156

103

74

87

104

84

115

59

144

146

156

144

114

135

138

139

147

121

61

84

93

81

96

73

153

146

164

149

138

143

132

148

143

146

55

May

July




70

See footnotes o n o p p o s i t e page.

153
EMPLOYMENT AGENCY OPERATIONSTable 107.—NUMERICAL DATA
Data from Government sources.1
[Base year in bold-faced type; index numbers on opposite page.]

YEAR AND MONTH.

Total.

WORKERS PLACED.

JOBS REGISTERED.

WORKERS REGISTERED.

East- Cen- South- WestEast- Cen- South- WestEast- Cen- South- Westtral era
ern
ern
ern
ern
ern
ern
tral
ern
ern
tral
Total.
Total.
States. States. States. States.
States. States. States. States.
States. States. States. States.

Applicants
per
job.

Number.

1
6 months' average, 1921.. 202,132
1922 monthly avcrasre...! 220,774

**

14,066 I 24,068
15,972 27,660

116,866
186,283

29, 967 53, 068 8,599 25,232
42, 799 91 000 12, 817 39,675

94, 478
144,936

23,941 43,072 6,835 20,630
33,479 67,500 10,494 33.462

1.73
1.26

42,913 2116,713 14,028 |6 22,652
39,149 8130,234 13,062 j 23,923
41,215 * 119,919 14,559 29,247

111,353
118,415
131,359

30,353 '2 51,694 j »8,080 8 21,226 !j 89,600
28,935 |3 56,213 j 8,646 ' 24,621 j | 95,427
,
34,446 j<55,874 ! 8,680 ! 32,359 ;! 107,354

23,464 41,745 *5,924 8 18,467
22,707 3 44,531 6,760 21,429
26,029 45,091 7,969 28,265

1.76
1.74
L56

7,460 18,875
25,341
24,568 | 42,250 6,667 19,211
21,537 | 34,828 6,230 17,533

1.57
1.81
2.06

45,314

124,700
131,828

1921.

July
August
September

196,306
206,368
204,940

October
November.
December..

220,052
40,942
195,322 38,137
189,806 '! 33,437

136,597 13,240 29,273
124,780 12,022 20,383
119,958 17,4S3 18,928

139,953 31,412 j 63,120
107, S02 29,407 1 50,138
92,315 25,247 41,371

12,446 i 32,975 101,662
7,237 | 21,020 92,696
6,505 | 19,192 80,128

i
1922.
January
February
March
April
May
June
July.....
August..
September.
October
November..
December..
1923.
January
February
March
April

j
I 172,838
206,405
| 231,981
213,167

21,515
38,465
47,040
42,829

114,492
127,344
146,298
132,202

10,744
11.971
13,988
15,869

26,087
28,625
24,655
22,267

100,599
108.163
139,055
161,768

21,022
25,379
37,445
41,673

262,025
259,451
238,186
233 140

73,396
46,706
48,256
45,257

142,727
159,799
137,062
139,874

19,131
25,281
16,081
15,053

26,771
27,665
I 36,787
32,954

217,382
252,106
212,581
224,235

49,365
49,813
47,536
45,757

225,896
241,155
209,490
172,509

48,399 126,649
50,516 140,233
42,587 128,033
38,806 87,227

16,406
17,597
16,517
13,023

34,442 239.751
32, 810 248.164
22,'353 188,323
16,503 143,265

56,014
56,319
44,040
39,222

203,928
175,807
169,217

44,410 124,328
40,722 104,718
36,441 101,577

17,343 17,847
16,200 14,167
13,530 17,669

159,002
167,866
178,384

22,821
24,616
31,979
29,684

36,608
34,026
54,640
58,006

26,971
16,614
26,524
23,219

1.72
1.91
1.67
1.32

12,552 41,305 166,757
1129,878 23,984 48,431 191,301
! 102,672 13,179 49,187 ! 159,884
|
115,930 11,872 50,774 169,711

37,544
38,323
34,804
35,033

83,813 10,879 34,521
94,080 17,298 41,600
74,950 11,453 38,672
82,323 9,941 42 412

1.21
1.03
1.12
1.04

109,190 14,872 59,673
121,864 16,406 53,574
96,515 12,537 35,231
70,993 10,378 22,672

179,644
187,949
149,962
115,595

39,749
41,433
31,033
31,729

78,250 11,435
85,348 12,762
73,238 10,773
54,719 8,666

50,206
48,406
31,918
20,481

.94
.97
1.11
1.20

45,745 76,253 j 12,520 24,484
43,707 82,985 | 12,408 28,766
43,611 87,281 ' 12,792 34,700

126,777
127,965
135,226

35,836 58,947 10,648 21,346
32,983 59,965 10,059 24,958
31,608 63,825 9,757 30,036

1.28
1.05

43,004
45,139
63,776
78,938
114,100

7,301
8,630
9,840
12,247

29,272
29,015
27,994
28,910

92,924
82,513
122,227
120, 763

I

6,524
7,257
9,084
9,854

.95

May..
June..
July..
i Compiled from weekly reports to the U. S. Department of Labor, Employment Service, by state and municipal employment agencies. Eastern states included in the
report are Connecticut, District of Columbia, Massachusetts, New Jersey, New York, and Rhode Island (Delaware, Maryland, and Pennsylvania, now reporting, are
excluded to show true comparison). Central states are Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota,
and Wisconsin. Southern states include Alabama, Arkansas, Georgia, Kentucky, North Carolina, Oklahoma, Texas, and Virginia. Western states include Arizona,
California, Colorado, Idaho, Oregon, and Washington; Montana is included beginning with March, its figures being so small as not to affect the total.
6
' One week in July estimated for South Dakota.
First two weeks in July estimated for Arkansas.
• One week in August estimated for Iowa and Michigan.
« First two weeks in July estimated for Washington.
'Month of September for South Dakota and one week for Iowa estimated.




154
LABOR.
Table 108.—INDEX

NUMBEKS.

Baaed on data from Government

sources.

[Base year in bold-faced type; numerical data on opposite page.l
FACTORY EMPLOYMENT.
United I
I
States.* I
I
YEAR AND
MONTH.

Xpw
ew

^

Employees on
pay roll.
Relative
to 1921.

1913 mo. av.
1914 mo. a v . . .
1915 mo. av
1916 mo. av
1917 mo. av
1918 mo. av
1919 mo. av
1920 mo av
1921 mo. av
1922 mo. av

^
Kork.3
Total
pay roll.

Relative to 1914.

Illinois.

Detroit.

N u m b e r of employees.
Relative
toMav,
1921?

Relative
to 1920.

RAILWAY
EMPLOYMENT.

Wisconsin

Relative to 1915 (first q u a r t e r ) .

Relative to 1916.

Relative t o 1913.

1OO

100

103

105

112

106

141

128

160

125

100

1OO

126

166

136

198

146

105

118

26
25

128

210

140

258

186

112

178

15

32

120

227

136

284

209

116

194

17

35

124

100
110

107

121

281

135

342

254

122

249

44

70

97

201

94

191

202

101

191

6 1OO

49

68

105

211

107

210

196

100

82

64

37

40

80

64

98
30

123

284

138

361

262

131

281

131

344

263

130

263

122

306

251

106

241

113

270

104

98

217

25

100.0

103

100

214

35

101.6

102

100

218

50

98.6

December

1922.
January.
February. . . .
March....
April

Relative to
Apr.-Dec.
average.

1OO

114

September
October.
November....
December

EMIGRATION.5

Average
Total
Number
Total
Pennsylweekly
of empay roll. earnings. ployees. compenvania.
station.

121

May ..
June . .
July
August

IMMIGRATION. 4

1OO

1920.
September . . .

1921.
January
February . . . .
March
April

UNEMPLOYMENT.

101

99

208

101

96

201

98

95

97

1

1(M»

39
24

87

79

126

75

67

239

120

78

82

222 0

222 0

110

63

58

218.0

214.0

102

57

58

213.3

216.4

97

62

51

7 268

7

206

65

93.1

200.6

215.5

94

89

60

64

64

91.5

191.6

96

91

69

59

196

62

88.6

177.0

209.4
199.7

96

88

49

80

93

189

67

89.4

166.8

186.7

99

100

39

74

98

93

190

106.0

66

92.0

185.5

201.6

102

175
186

112

41

75

99

96

194

112.1
109.2
108.2
103.9

65

93.5

179.6

192.0

104

183

107

41

90

63

94.4

181.6

192.4

106

194

105

39

76

64

93.9

176.5

188.0

105

184

105

38

58

34

94.5

179.2

189.7

99

176

102

26

67

105.5
105.7
107.4
107.0

64

95.6

167.9

175.6

94

168

122

19

31

69

96.5

184.5

191.2

94

159

119

15

28

75

99.5

186.7

187.6

95

177

117

21

31

85

101.9

193.1

189.5

96

166

106

25

49

110.4
114.9
110.1
111.2

96

104.7

206.3

197.2

99

177

31

J02

109.5

219.3

102

45
53

107.3

199.9

89

182
158

30

103

200.4
186.3

82
63
47

45

60

99

108.6

216.7

199.5

97

184

38

46

38

93

110.1

220.6

200.3

104

195

31

56

34

99

111.1

229.2

206.3

110

209

21

60

35

102

116.4

247.1

212.3

111

204

34

120.1

251.3

209.3

109

202

14
11

56

104

37

37

108

204

23

100

99

195

101

99

193

96

99

198

100

97

191

100

100

195

103

101

200

100.0

7 191

104

100

194

May
June
July....
August

107

101

200

110
111

103

205

103

204

111

105

212

September
October
November
December

113

107

221

117

110

227

120

113

237

120

115

243

124

114

241

114

120 7

245 0

203.0

8

32

128

116

241

120

124.7

261.6

210.0

8

33

17

131

119

257

125

125.5

263.9

210.4

7

45

21

1923.
January
February
March
April

131

113.0
114.9
117.2
119.0

128

6
4

May
July
See footnotes on opposite page also.

Data on employment in
Except railway em"
lew York De-part1,428 United States factories"
basis of reliable
ment of Labor; Wisconsin fai
statistics, b the.Pennsyh^ania Department of Labor and Industry, Bureau of Employment; Immigration and emigration statistics from U. S. Department of Labor,B
by t h P
Bureau
ttiti
of Immigration; index of Illinois employment from " The Employment Bulletin."
3
Information is from 1,428 factories, usually employing over 500 workers each.
1




155

LABOR.
Table 109.—NUMERICAL DATA.
Based on data from Government sources.1
[Base year in bold-faced type; index numbers on opposite page.]

FACTORY EMPLOYMENT.

United
States.2
Y E A R AND MOJSTH.

New York.

3

Total
p a y roll.

Thousands.
1913 monthly
1914 monthly
1915 monthly
1910 monthly
1917 monthly

Employees o n pay
roll.

Thousands
of dollars.

average
average
average
average
average

478
494
579
604

1918 monthly average

614
573

12,481
13,490
16,711
11,943
12,524

Employees o n pay roll.

594

1,559
1,710

464
500

1,647
1,733

177,533
97,845
161,260

Total c o m pensation.

UNEMPLOYMENT.

1,S42 !
1,913 i
2,013 j
1,661
1,645

EMIGRATIONS

Number.
118,936
110, 923
30,187
30, .502
30,240

§122,381
144,957
217,818
236,927
305,212
233,408
222,432

IMMIGRATION.1

Pennsylvania.

Thousands !| Number
of dollars, j; unemployed.

Number.

$5,942
6,377
8,366
9,892

1919 monthly average
1920 monthly average
1921 monthly average
1922 monthly average

Detroit.

RAILWAY
EMPLOYMENT.

50,994
52,817
32,015
20,067
12,19S

17,654

10,100

19,752

IS, 019

51,798

s 263,027
169,577

35, 672

57,804

34,403

43,041

20,192

1920.
588
577
545
506

September.
October
November.
December. .

16,884

12,894

44,973

12,734

62,878

2,165
2,136
2,068
1,976

16,681
15,655
14,330

94,852

32,506

103,209

40,047

89,224

34,386

93,233

^327,536

41,935

1921.
January
February..
March
April

1,628
1,613
1,588
1,581

467
476
480
471

May
June
July
August

1,574
1,527
1,510
1,526

461
453
444
443

September.
October....
November..
December..

1,545
1,560
1,567
1,493

461
472
471
471

January—
February..
March
April

1,557
1,565
1,605
1,617

464
478
484
478

11,330

113,099

11,563

121,763

11,901

132,620

11,546

151,000

1,552
1,545
1,570
1,578

May
June
July
August

1,669
1,722
1,730
1,728

482
490
490
#
501

11,857

170,126

1,628

12,199

180,971

1,685

222,933

September.
October
November.
December..

1,767
1,819
1,864
1,877

511
528
540
548

1,938
1,999
2,037
2,040

547
554

14,341
14,329

567

15,262

12,955

88,572

12,335

116,193

11,929

113,406

11,641

110,331

11,219

118,803

ll,2S0

116,789

11,550

115,975

11,571

111,403

11,465

113,136

11,744

60,951

1,805
1,677
1,593
1,543 j
1,576
1,586
1,635
1,680
1,718
1,754
1,732
1,637

i 252,442

75,384

29.447

67,483

29,562

74,147

26,236

233,645

70,780

32,700

238,625

82,048

30,029

232,520

7 233,228

57,803

40,950

214,339

263,000

46,367

37,791

227,746

294,985

48,707

38,352

223,973

282,125

48,814

45,752

237,603

276,675

45,975

38,956

225,304

276,345

44,648

29,646

214,921

269,322

30,897

34,130

205,179

321,893

22,633

15,585

194,523

313,835

17,643

14,423

210,704

308,540

24,539

15,696

203,413

278,850

29,166

24,962

210,672

215,410
167,405
124,005
99,210

30,X*0

23,147

30, 236

26,944

53,242

30,834

55,033

19,499

1922.

12,136

183,494

1,468

193,571

12, 580

176,640

1,594

224,977

13,145

165,015

1,709

238,735

13,514

175,147

1,804

255,514

14,061

181,325

1,820

249,287

14,460

184,022

1,789

247,673

202,959
213,790 1
221,139 I
227,344

1,780

250,052

82,790
56,052
37,880
28,398

67,016
71,192
66,130
43,984

22,333
20,615
17,903
14,940

38, 253
38,700
53,330

17,261
17,847
17,279
18,830

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

11,502
8,844
10,030

11,605

See footnotes on opposite page also.
* Figures represent reports from 1,648 firms in New York State employing more than one-third of the factory workers of the State. The 1914 average upon which the
index numbers aro calculated is an average of the 7 months, June to December, 1914, inclusive. As originally published by the New York Deimrtmrnt of Labor, the index
numbers are based on June, 1914, and have been recalculated to the 7-tnouth average.
« Includes total admitted, both immigrants and nonimmigrants.
« Nine months' average, April to December.
&
Includes total departed, both emigrants and noneinigranls.
i Average for the quarter begiuning with the mouth for which figures aro shown




156

COST OF LIVING.
Table 110.—INDEX NUMBERS.
Based on data from Government and non-Government sources.
[Base year in bold-faced type.]

FOOD.

SHEL- CLOTHTER.
ING.

Y E A R AND M O N T H .

FUEL SUNALL I
AND
LIGHT. D R I E S . ITEMS.

FOOD.

FURNITURE
FUEL
AND
MISHOUSAND HOUSE CELLA- TOTAL.
ING.
LIGHT. FUR- NEOUS.
NISHINGS.

CLOTHING.

1

Compiled by the U: S. Department of Labor. 2

Compiled by the National Industrial ( onference Hoard.

100.0

100.0

100.0

100.0

100.0

105. 0

101.0

100.0

101. 0

104.0

103.0

103. 0

105. 0

104. 7

101.5 |

101.0

110.6

107.4

105.1

126.0

1913, average
1914, July
1914, December

120. 0

102. 3

108.4

127.8

113.3

us. 2

157.0
1X7 0

119.1
205. 3

100.1
109.2

124.1
147.9

150.6
213.6

140.5
165.8

142. 4
174. 1

195. 5

241.6

119.8

151.2

244. 3

181.7

188. 3

198. 5

223.0

143.0

183.4

289.6

204.8

208.5

149.3

199.7

160.0

181.1

230.1

207.8

177.3

141.5

172.7

161.2

180.1

205.1

201.6

167.3

144.7

222.6

159.0

181.6

247.7

208.8

180.4

153.1

192.1

160.0

180.7

224.7

207.8

177.3

150.0

184.4

161.0

181.1

218.0

206.8

174.3

138.7

175.5

160.9

175.8

206.5

203.3

166.9

141.0

172.3

160.9

174.4

202.9

201. o

166.6

171.3

161.1

183.8

;

202.0

201.1

166.3

161.9

186.4

i

20S. 2

200.5

169. 5

217.4

200.3

1C8.8

100.0
100

1OO

1OO

1OO

1OO

1OO

1915, July
1915 December

100

100

103

102

100

101

1916, July

111

102

120 ;

101

104

109

140

105 '

Mo

126

117

100.0

131

|

1916 December
1917, July
1917 December.
1918 December

I

.

19is, average for 2 months..
1919, av. 2mos.(June, Dec).
1919, average 3 months
1920, monthly average
1920, av. 2mos. (June, Dec.)
1921, monthly average
1921, av.3 mos. (May, Sept.,
Dec.)
1922, monthly average
1922, quarterly average

173

118

1S5

138

152

159

l

205

129
154

205
201

144
168

164
185

172
198 :

156

169

166

183

184

167

142

166

155

179

173

157

186

1921.
166
162

168
162
164
159

169
169
169
169

157
160
161
157

179
179
179
179

183
180
178
178

165
164
163
163

150
142
139
139

169
169
165
165

156
156
154
155

178
177
174
174

178
177
174
174

161
158
155
155

139
141
142
139

165
165
165
165

156
153
154
153

174
174
174
181

174
174
172
172

155
155
156
155

140

September
October
November
Docem ber

171
171
169
169

155
153
153
152

i

June .
July..
August

178

148

Mav

165
165
167
167

155
157
160
156

1X7
1S7
186
1*7

172
172
171
171

156
157
158
159

152
145
144

178
179
179

185
185
185
183

163 !
162

1922.
January
February
March
April

May

June
July
August
September
October
November
December

14a
145
147

139.8

\

j

146.6

171.5

i

1923.
January
February
March
April

. ...

144
142
142

167
167
170

160
162
168

187

171

158

187

171

158

186

173

159

142.0

162.4

174.4

186.2

1
1 Index numbers represent retail prices on the first day of the month, except food, which is the retail food index of the U. S. Bureau of Labor Statistics for the 15th
it rcta
of the preceding month. Beginnin,, with March, 1922, all prices shown are as of the 15th of the month indicated. The index is weighted according to the estimated
ginning
war, on the following basis: Food 43.1 percent, shelter 17.7 per cent, clothing 13.2 per cent, fuel and light 5.6 per cent,
consumption of average wagei earners before the \
sundries 20.4 per cent.
2
Index numbers represent averages for the month in 32 cities: food prices reported by 15 to 25 dealers in each city, fuel and light by 10 to 15 firms, including public
utilities, in 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 (live in New York City).




157

PRICES.
Table 111.—INDEX NUMBERS.
Based on data from Government sources,1
[Base year in bold-faced type.]

WHOLESALE PRICE INDEX NUMBERS. (Revised.)
(Compiled by U. S. Department of Labor.)

Farm

YEAR AND
MONTH.

Relative to 1913.
100
85

127

100
93
88
120

100
92
94
120

100
101
134
181

100
100
100
106

100
95
95
121

100
98
101
127

100
102
101
114

100
108
110
124

100
103
95
111

175
228
253
295
180
ISO

169
170
181
241
199
220

231
187
162
192
129

157
172
201
204
165
109

202
215
169
200
130
124

125
153
184
254
195
176

148
156
175
196
128
117

177
194
206
226
147
149

146
167
186
203
153
142

208
224
234
238
109
113

164
192
198
168
107
111

139
137
141
146

173
172
172
171

200
191
186
184

138
133
124
117

165
163
160
156

134
133
129
129

209
196
180
179

126
125
123
119

145
142
141
142

145
144
148
155

106
107
107
108

109
104
109
113

124
124
121
120

142
140
139
136

178
180
180
180

181
187
197
199

116
116
114
113

156
159
163
158

131
131
129
127

179
180
178
178

118
118
119
121

141
142
141
140

153
153

110
104

January
February
March
April

122
131
130
129

131
135
137
137

176
174
172
171

195
191
191
194

112
110
109
113

157
156
155
156

124
123
125
124

178
177
175
175

117
117
117
116

138
141
142
143

142
142
139
139

98
105
112
115

95
108
117
115

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

132
131
135
131

138
140
142
138

175
179
180
181

216
225
254
271

119
120
121
126

160
167
170
172

122
122
121
122

176
176
173
173

116
114
114
115

148
150
155
155

139
141
142
139

118
119
118
114

us
119
119
112

September..
October-....
November..
December..

133
138
143
145

138
140
113
144

183
188
192
194

244
226
218
216

134
135
133
131

180
183
185
185

124
124
127
130

173
176
179
182

116
120
122

153
154
156
156

140
143
145
147

110
110
118
123

109
110
105
104

1923.
January
February...
March
April

143
142
143
141

141
141
143

196
199
201

218
212
206

133
139
149
154

188
192
198
204

131
132
135

184
184
185

124
126
127
126

156
157
159
159

144
142
142

126
130
134

10f)
107
106

1913
1914
1915
1916

i;io.
mo.
mo.
mo.

av
av
av
av

100
103
104
123

100
102
105
121

1917 mo.
1918 mo.
1919 mo.
1920 mo.
1921 mo.
1922 mo.

av
av
av
av
av
av

190
218
231
218
124
133

167
188
207
220
144
139

May
June
July
August.

118
114
119
123

September
October
November
December

I
1921.

152

92

150

91

1922.

May..
June..
July..
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
f Agricultural Economics.

- m e leucin IUUU pnue IIIUOA uuuipiiou u

the larger cities as of the 15th of the month.
• As of the 15th of each month. Farm prices represent the relative average prices to farmers of the 10 leading crops and leading live stock respectively.




158

WHOLESALE PRICES.
Table 112.—INDEX NTJMBEKS.
Based on data from Government and non-Government sources.1
[Base year in bold-faced type.]

COMPILED BY FEDERAL
AgriculMineral
Animal
Forest
tural
products. products. products. products.

RESERVE BOARD. (Revised.)
Total raw Producers'
products.
goods.

Consumers'
goods.

All commodities.

DUN'S.

BRADSTREET'S

Y E A R AND MONTH.

21
quotations.

35
21
11
quotations,
quotations.; quotations.

300
117
199
404
quotations. quotations. quotations. quotations. commodiRelative to 1913.

100
102
112
130
211

100
103
98
119
174

100
92
90
102
135

1OO
92
97
138
191

1OO
99
101
126
187

1OO
92
97
143
184

100
101
102
119
163

100
98
101

243
250
255
134
145

203
221
186
110
125

157
211
312
166
185

181
180
236
185
208

205
218
229
142
159

181
179
214
135
128

January...
February.
March
April

157
148
138
128

120
117
119
108

197
179
169
160

224
204
194
189

166
155
150
141

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

134
126
122
123

106
103
113
114

159
158
155
152

186
178
172
169

September.
October
November.
December..

141
135
130
130

105
107
103
103

154
162
175
169

January...
February.
March....
April

130
140
141
145

109
121
122
120

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

152
116
147
138

September.
October
November.
December..

1013 monthly
1011 monthly
1015 monthly
1916 monthly
1017 monthly

average.
average.
average.
average.
average.

100
101

100
97
107
128
170

191
211
231
159
151

194
206
226
147
149

190
191
207
141
142

203
203
204
123
132

160
152
145
139

180
170
168
161

170
160
155
148

164
154
150
144

137
134
129
123

140
135
135
135

137
133
128
125

156
153
154
157

145
142
141
142

138
137
132
135

117
115
116
120

168
174
178
179

137
138
137
137

126
126
125
125

155
154
153
151

141
142
141
140

134
134
135
136

120
121
123
123

167
166
165
167

178
177
178
180

139
146.
147
148

123
118
120
122

146
148
150
149

138
141
142
143

136
136
140
137

123
124
126
125

122
123
130
127

174
186
188
191

202
211
241
261

157
159
171
173

125
127
129
129

150
151
154
149

148
150
155
155

139
140
144
143

127
129
131
131

136
147
160
161

1918 monthly a v e r a g e . . .
1919 monthly a v e r a g e . . .
1920 monthly a v e r a g e . . .
1921 monthly a v e r a g e . . .
1922 monthly a.vwage.. -

127
177

105
123
199

132
132
129
128

199
204
207
210

236
218
209
208

168
166
166
167

132
135
136
135

150
152
155
157

153
154
156
156

142
145
151
153

131
136
145
150

104
170
174

125
123
123

215

213
207
202

168
167
167

136
141
148

155
155
156

156
157
159

153
154
158
160

149
149
151
151

159

148

1921.

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

220
227

1
First eight columns give the revised wholesale price index numbers of the U. S. Department of Labor, Bureau of Labor Statistics, as reclassifled 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 as the
revised J >epartment of Labor index. Dun's and Bradntreet's 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 as published in these Journals. Bradstreet's index is the sum of prices per pound of the
commodities, while Dun's is weighted by the amount "annually consumed by each inhabitant."




159
FOREIGN PRICE COMPARISONS.
Table 113.—INDEX NUMBERS.
From Government and non-Government sources.
[Base year in bold-faced type.]
UNITED STATES.1
All
Goods G o o d s comimexmodiported. ported. ties.
YEAR AND MONTH.
1
8
40
quota- quotations
tions.

90
quotations.

FRANCE.

UNITED KINGDOM.

Lon- British U.S.
don Board Fed.
of
Res.
Economist. Trade. Board.
(3)
(6)
(2)

Gen.
Stat.
Bureau.
(4)

CANADA.

ITALY
U.S.
Fed.
(5)
Res.
Board.
(6)

SWITSWEZERD E N . LAND.
7
()
(8)

100

1913 monthly av

1OO

100

1OO

1OO

1OO

Can.
U.S.
Bank U.S.
Fed.
Dept.
Fed.
of
Res.
of
Japan. Res.
Board.
Labor. Board.
(10)
(6).
(6)
(9)

Rel. to
Julv,
1914.

Relative to 1913.

100

99
123

100

i 101
137

100
!

100

JAPAN.

1OO

100

100

133

(12)

1OO

101

96

1OO

110

95

INDIA
(Calcutta).

Relative t o
July, 1914.

Relative to 1913.

100

AUSTRALIA.
(u)

97

100

141

1916 monthlv av

160

187

j 202

135

117

132

1917 monthlv av

204

262

! 299

177

149

155

339

225

1918 monthly av
174

1919 monthly av

222

211

235

241

409

206

193

170

357

364

217

207

235

180

1920 monthly a v . . . .

191

235

239

283

314

314

510

478

624

347

326

246

250

259

218

204

1921 monthly av

108

136

148

181

202

201

345

321

578

211

196

182

167

200

181

167

181

1922 monthly av

124

157

158

159

161

167

327

298

562

162

166

165

149

196

180

154

1921.
July

103

126

198

196

330

312

520

211

179

176

163

196

178

159

183

104

127

145
146

178

August

179

194

195

331

302

542

198

177

174

166

199

177

160

184

September

106

149

146

183

191

194

344

301

580

182

181

1 172

158

207

192

160

187

October

107

146

145

170

185

187

331

295

599

175

- 184

169

149

219

202

156

184

108

143

145

166

176

177

332

292

595

174

182

168

145

214

197

151

180

m

141

142

162

171

172

326

287

595

172

178

170

145

209

193

148

180

November

..

. .

December

•\

1922.
January

110

139

142

159

168

170

314

286

577

170

176

168

144

206

191

147

178

February

110

142

146

158

165

167

306

283

562

166

171

169

149

204

147

179

111

144

147

160

163

168

307

287

533

164

171

166

150

201

185
182

146

182

115

144

149

159

163

167

314

299

527

165

163

166

152

198

180

148

182

March
April

. . . .

May

119

155

158

162

164

171

317

302

524

164

161

167

154

194

183

155

187

June

124

163

161

163

163

169

325

303

537

164

160

165

153

197

187

156

183

July

129

165

165

163

163

171

325

306

558

165

161

16*;

154

201

195

157

181

August

127

162

165

158

159

168

331

297

571

163

163

164

149

195

187

155

178

128

September
October

.

. . .

157

164

156

157

165

329

293

582

158

163

163

144

193

179

158

176

135

163

165

158

155

163

337

293

601

155

163

162

145

190

174

159

177

November

137

173

164

159

157

165

352

306

596

154

169

164

147

188

172

162

178

December

138

174

164

158

155

166

362

315

580

155

170

165

147

183

173

161

176

January

139

180

165

161

157

167

387

324

575

156

175

165

148

184

176

163

179

February

146

187

166

164

158

170

422

355

582

158

181

166

152

192

183

161

180

March

154

193

169

163

160

175

424

372

586

162

186

167

155

196

185

163

181

1923.

April

165

May
June
July
i D a t a i n t h e first three columns are original compilations of t h e Federal Reserve Board constructed for t h e purpose of international price comparisons; basic prices a r e
obtained from trade journals a n d private firms a n d weighted according t o t h e 1913 volume imported a n d exported, respectively, for ' ' i m p o r t e d g o o d s " a n d " e x p o r t e d goods.'-1
T h e total index n u m b e r includes also goods produced, weighted b y production i n 1913, and goods consumed, weighted b y consumption in 1913.
3
Compiled b y t h e London Economist; quotations on 44 commodities, mostly r a w materials, unweighted.
8
Compiled b y British Government Board of Trade; quotations on 150 commodities.
4
Compiled b y Bulletin dela Statistique Generale of t h e French Ministry of Labor a n d Social Welfare; quotations on 45 commodities, mostly raw materials, unweighted.
& Compiled b y Prof. Bachi; quotations on 38 commodites u n t i l 1920, thereafter 76 commodities.
e Compiled b y t h e Federal Reserve Board on t h e same basis as their United States index for international price comparison. Detailed descriptions of these index n u m bers m a y be found i n t h e following n u m b e r s of t h e Federal Reserve Bulletin; United Kingdom, February, 1922, p p . 147-153; Canada, July, 1922, p p . 801-806; France, August,
1922, p p . 922-929; J a p a n , September, 1922, p p . 1052-1059.
i Compiled b y Svensk Handelstidning as of t h e middle of each m o n t h ; 47 quotations.
s Compiled b y Neue Zuricher Zeitung as of t h e first of each m o n t h ; quotations on 71 commodities.




ms on 92 commodities, weighted by consumption.

160
PUBLIC FINANCE.
Table 114.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA.
Based on data from Government sources.1
[Base year in bold-faced type.J

YEAR AND MONTH

1918 monthly
1919 monthly
1920 monthly
1921 montlily
1922 monthly

average...
average
average .
average
average

1921.
January
February
March. . . .
April

1OO

1OO

1OO

4
4
4
11

92

101

103

66

96

107

67

10S

106

7

71

154

168

82

84

48
100

45

57

576

1,313

92

93

1OO

58

642

2,250

1OO

1OO

96

99

101

8SS

742

110

109

94

96

98

687

651

100

99

91

87

144

506

463

91

89

98

360

682

112

112

80

412

617

107

106

1.527

943

106

105

868

103

102

94

98
97

94

97

94

97

110
152

94

96
96

96

371

648

102

101

94

93

1,243

825

102

101

93

95

75

99

98

95

99

346
402

566

94

September
October...
November
December

512

96

95

1,142

468

95

94

394

535

95

93

324

570

98

1,227

580

103

317

127
152

2<J1

94

94

93
92

94

92

1922.
January . . .
February.
March
April

95

92

93
92

92

94

i

'

88
99

491

94

93
92

93

91

406

96

94

320

90

i
'

913

573

90

91

89
89

88
88

127

328

426

91

8S

92

89

134

342

418

90

SS

90
90

88

146

S7

90

85

141
147

553
3S4

89

86

7S4
340
359

3S3

88
89

86
87

91

May
June
July
August
September.
October
November
December

89

200

754

535

92

89

vS4

151

499

723

93

90

90

84

157

376

327

94

91

89

SO

141

773

510

96

93

89

78

174

354

425

92

89

89

78

1S2

327

429

94

90

89

7S

234

1,062

546

95

91

88

. . .

85

90

1923.
January
February.
March
April

Per
capita.

Thousands of dollars.

Millions
of
dolls.

Dollars.

Millions of dollars.

B.—NUMERICAL DATA.

94

May
June...
July
August

Total.

NUMBERS

4

!

MONEY
IN
CIRCULATION.*

Total
Total
Customs
ordinary o r d i n a r y
expendireceipts.** receipts, s tures.^

1
Relative to
1919.

Relative to 1913.

A..—INDEX

average
average
average
average
average..

U. S. GOVERNMENT
FINANCES.

Total
Total
Cus- Total
inter- Liber- toms ordi- ordiTotal
nary nary Total. Per Interest* Liberty
est4
exrecapita. bearing.3 loans.
bear- loans.; ceipts.^ re- pendiceipts. tures.^
ing.s
Relative to
1919.

1913 monthly
1914 monthly
1915 monthlj'
1916 inontlily
1917 monthly

U.S.
GOVERNMENT
DEBT.

MONEY IN
CIRCULATION.8

U.S.
GOVERNMENT
FINANCES.

U. S. GOVERNMENT
DEBT.

78

202

401

531

826,573

S966
968
970
972
2,713

SI,466

18,830

11,986
25,234
24,336
23,598
22,846

9,313
20,726
20,537
19,828
IS, 019

15,228

23,756
23,820
23,741
23,760

20,228
20,165
20,102
20,056

23,710
23,739
23,534
23,680

19,995
19,844
19,776
19,611

23,675
23,201
23,365
23,189

19,717
19,537
19,491
19,408

23,152
23,238
22 904
22,954

19,372
19,129
18,458
18,405

23,139
22,710
22,716
22,795

18,361
IS,292
17,751
17,534

22,558
22,XI7
22,698
22,476

17,584
17,418
17,336
16,584

22,354
22,366
22,389
22,327

16,119
16,141
16,110
16,084

24,360
17,482
17,766

15,286
26,961
26,160
38,197

25,925
21,153
29,204
40,417
25,485
24,723
19,796
26,449
23,357
26,408
24,843
26,155

!

27,251
33,652
40,288
33,804
35,578
38,862
37,492
39,012
53,135
40,136
41,647
37,502

46,346
48,311
j

62,172
53,736

360,343
61,223
58,159
64,972
93,181

856,898
58,355
60,950
60,374
95,658

$4,018

$38.59

347,834
387,300
536,006
414,323
305,474

747,211
1,280,447
422,039
370,485
263,578

4,500
4,915
5,385
4,927
4,497

42.53
46.00
50.29
45.62
40.97

217,328
24S,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

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

689,328
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
42.41

191,001
175,651
550,758
197,920

231,247

4,707
4,412
4 433
4,449

206,376
472,936
204,977
216,778

237,961

454,809
301,239
226,974
466,273
213,558
197,517
641,082
241,830

182,206
325,955
242,561

314,770
218,697
218,026
304,132
411,110
186,322
289,944

241,717
243,989
310,473

4,418
4,376
4,337
4,394
4,521
4,570
4,617
4,733
4,509
4,611
4,656

301,848

May

July
1
From V. S. Treasury Department, except money in circulation, prior to July 1, 1922, from the Federal Reserve Board.
1
Represents money held outside of the U. S. Treasury and the Federal Reserve system; figures for years 1917 to 1920 are as of Dec. 31.
« Figures for the years 1913 to 1920 are as of June 30.
«Includes Liberty and Victory Loans and War Savings Securities; figures for the years 1913 to 1919 are as of June 30.
6
Monthly averages for fiscal years ending June 30, 1913 to 1920.




41 85

43.22
40.46
40 60
40.69
40.36
39.87
39.47
39.93
41.04
41.44
41.80
42.81

40.74
41.61
41.98

161

LIFE INSURANCE—NEW BUSINESS.
Table 115.—(A)

INDEX

NUMBERS AND

From commercial

(B)

NUMERICAL DATA.

sources,1

and trade

[Base year in bold-faced type.]

ORDINARY
INSURANCE

(40 companies).

Y E A R AND MONTH.

Number of Value.
policies.

INDUSTRIAL
INSURANCE

(6 companies).

Number of Value.
policies.

GROUP

TOTAL
INSUR- INSURANCE
ANCE
(40 com(11 companies).
panies)

Value.

Num- |
ber of Value.
policies.

ORDINARY
INSURANCE
(40 companies).

Thou- ]
sands of1
policies.

Thousands of
dollars.

INDUSTRIAL
INSURANCE

GROUP
INSURANCE

(11 companies).

(6 companies).

I Thou- I
sands of
Dolicies.

Thousands of
dollars.

TOTAL
INSURANCE

(40 companies).

ThouNumThouber of sands of sands of
policies. dollars. policies.

Thousands of
dollars.

Relative to 1913.
A.—INDEX NUMBERS.

B.—NUMERICAL

100

100

100

100

100

100

100
107
122
142

97
104
127
150

108
113
109
109

106
112
113
119

182
221
350
755

107
112
111
114

145
232
265
212
211

157
273
332
274
300

114
122
132
145
153

127
150
179
202

1,204
1,992
1,895
508
1,276

January
February...
March
April

193
212
246
246

253
267
311
311

128

133

180
177
228
184

413
368
663
464

May
June
July....
August.

227
224
205
191

300
292
267
250

172
145
113
117

241
202
158
163

555
383
283
357

September.
October
November.
December..

191
200
192
224

231
250
244
317

133
177
153
174

186
249
210
244

319
297

1922.
January
February...
March
April

172
193
226
218

232
274
318
310

142
150
180
151

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

228
222
215
201

326
319
308
292

164
152
143
135

September.
October....
November.
December..

191

257

203
209
250

283
385

126
164
161
172

1923.
January
February
March
April

205
215
282
251

302
315
411
369

144
145
176
250

1913 m o n t h l y a v .
1914 monthly av.
1915 m o n t h l y av..
1916 m o n t h l y avl.
1917 monthly av..
1918 monthly av..
1919 monthly av..
1920 monthly a v . .
1921 monthly a v . .
1922 monthly a v . .

100
1G1
107
125
146

119

157

141

252

153

301

156

256
287

163

74
74
79
90
105

$131,839
128,358
136,700
167,970
197,310

DATA.

380
410
429
415
414

951,909
55,217
58,128
58,645
61,484

4
4
8
25
60

$1,445
2,628
3,188
5,052
10,908

454
484
507
504
519

$185,193
186,203
198,015
231,667
269,702

66,099

17,401
28,785
27,377
7,335
18,440

540
638
696
707
738

289,882
466,866
558,043
473,951
531,951

107
172
196
157
156

206,382
360,180
437,623
361,803
395,277

433
465
500
550

93,044

55
134
149

104,813

51

582

118,233

487
484
621
507

93,357

77,901

1921.

295

127
163

139
141

234
243

177

291

143
157
182

152

277

182

333,787
352,027
410,146
410,624

181

129

285
268
237
226

168
166
152
141

395,445
385,075
352,134
329,124

232
1,757

143
181
159
182

220
250
234
308

141
148
142
166

200
214
256
237

920
513
1,053
1,687

146
157
187
161

228
259
307
300

241
223
213
198

689
1,164
766
672

175
164
154
146

187

1,162

256

996

243

1,144

265

4,549

217
221
266
401

948
687
1,374
2,298

5,974

629

433,118

5,324

641

449,217

118,478

40
43
43

9,581

803

538,205

95,759

48

6,709

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
587

528,699
495,512
438,093
418,859

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

406,603

723

433,673
569,655

127
143
167
161

305,528
361,571
419,839
408,361

538
569
684
572

103,725
110,954
132,833
123,208

49
51
40

13,287
7,420
15,215
24,379

665
712
850
733

422,540
479,945
567,888
555,948

305
299
285
268

164
159
149

429,236
420,362
405,609
384,328

624
579
542
512

125,084
115,959
110,423
102,901

61
58
55
44

9,962
16,814
11,068
9,709

793
743
701
661

564,282
553,135
527,099
496,938

137
170
169
1&5

245
281
287
384

141
150
155
185

338,789
372,902
389,367
507,436

480

653

97,257
132,790
125,960
137,707

49
57
61
406

16,785
14,392
16,524
65,730

621
773
766
839

452,831
520,084
531,852
710,873

152
159
209
186

398,150
415,006
541,388
485,874

547
551

112,678
114,758

60
73
104

13,701
9,933

710

524,528
539,698

950

208,105

879
1,137

72 ,179

158
128

154

283

156

291

194

377

250

393

623
611

91,866

137,853

19,848
33,199

513,092

583

820

May..
June.
July..
1
Compiled by the Association 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.

43622°—23




11

162

SAVINGS DEPOSITS.
Table 116.—INDEX NUMBERS.
Based on data from Government and non- Government sources.1
[Base year in bold-faced type; numerical data on opposite page.]
BALANCE T O CREDIT O F DEPOSITORS—END O F M O N T H .
Federal Reserve Districts.
YEAR AND MONTH.

Total
New
Boston. Y o r k .
deposits. 4

Philadelphia.

Cleve- Richland. mond.

Atlanta.

Chicago.

New
York

Rel. to
1921.

Relative to 1920.

Relative to 1913.

Relative to 1920.

1913 monthly av
1914 monthly av
1915 monthly av
1916 monthly av
1917 monthly a v . .
1918 monthly av
1919 monthly av
1920 monthly av
1921 monthly av
1922 monthly av

1OO
103
105
111
115

100
112
111

ll'j

100

103

101

103

102

107

103
102
103

106

May
June.. .
July
August
September
October
November
December...

1920.
September
October
November
December
1921.
January
February.
March
April

United

State Stages
postal
San
St.
M i n n e - Kansas Dallas. Fran- savings savings.
banks.?
Louis. apolis. City.
cisco.

1OO
106
111

1OO
102
103

101

102

102

103

104

102

105

109

106
107
107

107
108
107

103

107

106

103

107
106
105

103
103
102

105
105

1OO
106
109

86
1OO
106
114

1OO
149
187
282
360

117
129
143
153

422
406
411
388
348

1OO
103
111

1OO
110
118

1OO
107
116

102

101

102

106

102

103

102

105

106

103

410

102

104

104

108

107

103

408

102

104

106

106

109

108

106

116
116
115

106
106
107

105
105
107

105
105
103

98
99
99

108
108
109

109
109
110

107
108
108

106
106
106

107

113

108

107

103

99

109

110

107

106

107

107

113

108

108

102

101

107

110

108

106

109
108
108

106
106
106

114
111
110

108
109
109

110
107
106

103
101
100

101
99
99

108
107
106

111
110
109

108
105
106

108
106
106

154

383
382
382

102
103

108
108

105
105

110
110

109
111

106
105

100
102

99
100

107
106

109
110

104
104

105
106

152

378
374

100
106
110

1OO
103
106

1OO
108
113

101

101

101

102

101

102

103

102

102

105

102

106
106
106

100

405

147

411

149

412
411
406
398
391

105

102

108

105

109

111

104

102

102

106

113

105

106

107

103

111

108

110

111

106

103

104

108

115

110

109

107

104

111

109

109

113

105

102

104

109

111

111

109

108

104

111

109

109

113

105

102

106

109

112

111

113

108

105

111

110

108

115

107

102

106

110

114

116

111

108

105

111

110

109

117

108

102

107

110

116

113

110

May
June
July .
August

108

105

111

109

109

119

109

102

109

109

117

114

111

110

106

113

109

111

123

111

104

110

110

119

118

114

110

106

113

109

109

119

111

103

109

110

119

118

114

342

110

107

113

108

110

119

111

103

111

109

118

117

115

341

September.
October
November
December

111
111

107
108
108
109

114
114

108
108

111
113

122
123

111
114

104
106

112
113

120
122

108

114

123

115

107

115

118

112

118

124

120

110

118

119
119
120
122

116
117
118
123

338
336

114

113
113
113
117

111
112
112

118
118

113
115
115

119
120

126
127

121
120

119
120

128

122

120
124
123

130
130

120

110
112
111

122
127
129

128
130
132

1922.
January.
February
March
April

1923.
January
February
March
April
May
June
July-

112
115

117
118
118

119

121

123
123

125

370
156

366

364
364

3 158

362
358
352

162

347

335

168 '

333

331
332
333
333

I
!

See footnotes on opposite page also.
Savings deposits in each Federal Reserve district (including both commercial and savings banks) compiled by Federal Reserve Bank of that district from reports of
identical banks, as follows: Boston, 64 banks, New York, 30, Philadelphia, 75, Cleveland, 18, Richmond. 93, Atlanta, 82, Chicago, 210, St. Louis, 35, Minneapolis, 15,
City, 58, Dallas, 112, San Francisco. 75. Deposits in savings banks of New York State furnished by Savings Banks Association of the State of New York; postal savings from
U. S. Post Office Department.




163

SAVINGS DEPOSITS.
Table 117.—NUMERICAL DATA.
From Government and non-Government sources.1
[Base year in bold-faced type; index numbers on opposite page.]
BALANCE TO CREDIT OF DEPOSITORS—END OF MONTH.
Federal Reserve Districts.
YBAR AND MONTH. !
Total
! deposits.*

Boston.

New
York.

Philadelphia.

Cleveland.

mond.

Atlanta.

Chicago.

St.
Louis.

Minneapolis.

Kansas
City.

Dallas.

San
Francisco.

United!
New
States [
York
postal |
State
sav- j
savings
2
banks. ! ings.

Thousands of dollars.

1913 monthly a v .

$1,724,607

$39,750 j

1914 monthly a v .

1,772,357

59,145 '

1915 monthly a v .

1,805,366

74,349

1916 monthly a v .

1,918,453

112,159

1917 m o n t h l y a v .

1,989,013

143,193

1918 m o n t h l y a v .

2,016,806

167,653

$580, 743

2,223,216

161,373

673,382

2,465,491

163,434

2,635,572

154,124

1919 m o n t h l y a v .
1920 m o n t h l y a v .

$5,303,453

$1,036,420

$1,532,056

1921 m o n t h l y a v .

5,613,184

1,064,315

1,653,162

414,669

387,425

244,718

155,710

767,556

77,010

84,962 j 47,774

715,883

1922 m o n t h l y a v .

5,830,313

1,100,456

1,728,301

424,527

382,759

268,646

162,360

770,803

79,643

91,125 I 52,177

768,128

138. lt>K

150,106

765,302

72,561

78,811

j 161,150

5,409,646

1,0.50,981

1,560,069

394,235

357,003

229,055

150,449

775,339

73,145

81,244

47,399
47,507

683,574

October

690,619

| 162,S10

November

5,444,878

1,052,661

1,569,705

397,192

360,732

229,536

150,055

783,164

74,428

82,885

47,719

696,801

December

5,579,592

1,059,000

1,634,502

410,551

377,093

229,430

152,388

794,942

76.195

84,139

48,184

713,168

1921.
January

5,616,000

1,065,210

1,631,063

416,540

400,243

238,639

153,590

789,240

102,562

77,107

84,278

48,117

711,973

| 163,656

February

5,612,037

1,055,824

1,633,408

418,981

399,924

239,084

153,257

785,427

103,480

77,742

84,209

48,412

715,769

| 163,356

March

5,624,685

1,065,907

1,639,233

418,389

397,790

241,773

156,666

777,107

103,618

78,234

84,373

48,342

716,871

2,574,697 | 161,249

April

5,607,272

1,068,590

1,638,088

416,813

390,251

243,956

156,285

770,941

104,219

77,838

84,411

47,909

712,190

158,097

$389,559 $345,252 $225,478

1920.
September

$146,652

$751,130

$104,871

$71,707 $77,017 j$44,800

I 162,352
2,532,653

163,434

May....

5,607,005

1,065,954

1,638,673

415,886

388,850

244,367

158,836

769,830

105,548

76,824

85,015

48,196

714,574

June

5,660,678

1,067,743

1,672,087

414,349

392,492

243,289

160,629

772,881

106,343

77,236

85,432

48,222

726,318

July....

5,610,650

1,066,782

1,659,333

413,893

384,153

244, (i70 156,584

761,697

104,060

76,666

84, 963

46,981

714,928

151,9S2

August.

5,583,752

1,061,725

1,654,316

412,108

381,385

245,075

155,8f)9

754,558

103,833

76,180

83,926

47,465

711,145

! 151,77S

September..

5,576,928

1,061,285

1,657,028

409,904

379,358

245,192

155,548

751,811

103, 788

76,611

84,148

46,545

709,498

October

5.580,504

1,062,542

1,653,338

409,581

378,789

250,397

153,371

753,117

105,279

76,273

84,824

46,815

711,457

November..

5,585,234

1,061,106

1,656,392

409,463

377,166

249,300

152,814

757,370

106,551

76,168

85,769

47,033

712,653

December..

5,693,453

1,069,106

1,704,986

420,123

378,702

250,878

155,071

766,690

109,165

77,239

88,190

49,248

733,220

1922.
January

5,688,827

1,078,2,32

1,698,444

425,438

375,639

254,299

109,248

77,971

85,651

5,721,488

1,081,935

1,698,535

426,470

374,773

255,034

758,258

110,704

78.196

86,562

March

5.729,505
5,734,744

1,085,788

1,704,841

427,104

374,372

259,576

757,209

111,675

79,057

87,962

1,092,416

1,700,636

426,745

376,115

262,969

154,090
153,640
156,967
158,711

755,236

February

755,475

111,990

79,152

89,133

49.738
49,836
52,030
50,464

1,091,620

1,701,562

423,582

268,659

160,156

758,091

114,341

78,241

90,046

50,983

747,296

1,097,919

1,738,814

424,063

276,648

163,106

771,873

78,830

91,824

52,710

768,704

1,102,250

1,728,753

423,963

766,807

1,104,435

1,728,310

422,128

377,299
381,994
377,989
380,941

420,090
419,573
419,046
436,122

155,305
2,648,432

April

July....
August.

5,747,535
5,846,485
5,818,494
5,828,834

September..

5,875,517

1,108,924

1,744,493

October

5,910,788

1,114,412

1,741,543

November..

5,940,127

1,116,546

1,746,127

December..

6,121,406

1,130,998

1,807,550

1923.
January

6,195,322

1,150,793

1,805,923

February

6,240,600

1,158,610

1,809,394

March

6,276,223

1,155,719

1,825,991

449,252

415,526

May....
June

April

2,623,039

152,390

150,358
148,567
147,089

2,696,104

734,089

145,569

144,668

758,249

144,610

744,599

144,018

742,928

142,326
139,959
137,736
I'M, 124
135,482

269,238

162,844

115,556
763,522 I 114,733

79,165

91,269

52,694

269,220

163,216

766,325

116,715

78,395

91,075

52,639

772,150

383,995

274,199

162,414

772,263

117,136

92,282

134,230

278,077

167,791

782,594

789,559

133,477

393,214

276,936

169,285

792,984

407,761

278,891

176,096

815,805

118,058
120,589
124,197

98,593

53,357
53,269
53,629
54,779

782,673

389,013

80,827
80,841
81,246
83,793

831,018

442,083

411,325

284,707

177,338

818,513

125,229

86,027

99,797

54.739

864,077

131,566

416,773

412,811

285,829

176,536

827,691

125,774

88,992 100,096

56,755

877,113

131,980

179,131

834,622

126,838

87,987

57,958

885,590

94,116
94,986

96,619

2,791,353

796,128

133,103
2,892,3f

132,282

132,ISO
132,255

June..
July..
See footnote on opposite page also.
2 Yearly figures from 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.
» Approximate figure calculated from deposits and withdrawals.
« Because no data covering deposits in the St. Louis district are available for 1920 the total here shown is for the 11 districts, exclusive of St. Louis, for which comparable
data since 1920 are available.




164
BANKING.
Table 118.—INDEX NUMBERS.
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.-

CONDITION OF
REPORTING
MEMBER BANKS.*

CONDITION' OF FEDERAL RESERVE
BANKS.3

BANK
CLEARINGS.

INTEREST
RATES.

I
YF.AR AND MONTIT.

Notes Total
Iu Xen Outside In Xew Outside Bills
in cir- investdisNew
New
York
York
count- cula- m e n t s .
York
York
City.
City.
tion.
Citv.
ed.
City.

Total
reserves.

Commercial

Total
de- New doubleTotal Net n
ReTotal
loans
York
a
deserve6 and dis- invest- mde- d
nnme
call
posits. ratio. counts. m e n t s . posits. loans. paper,
(>O-!)O
days.

Relative to 1910.
Vl'.l monfhlv average
1014 monthly average
1915 mon'lilv averiire101G monthly avenge
1017 monthly average
1018 monthly
1010 monihlv
1020 monthly
1021 monthly
1022 monthly

average
average
average
average..
average..

1O2K
January
February
March..
April

Relative to 1021. Relative
to 1019.

Relative to 1919.

Relat ive o 10!3.

Relative to 1013.

1OO

1OO

06

1OO

10s;

78

1SS

60

60

166

so

59

151

107

S2

166

101

116

102

1

Itio

134

1

1^7

160

12

is

3
24

5S

39

23

60

1S9

205

60

73

79

91

90

114

1OO

1OO

240

243

1OO

1OO

1OO

1OO

1OO

100

99

114

257

275

132

120

116

07

09

205

So

01

205

102

57

122

90

122

100

230

212
22S

91

97

28

85

104

144

96

154

92

100
126

103

9S

104

236

237

127

us

76

98

108

99

101

84

184

190

124

117

77

106
108

93

74

93

99

107

99

99

S5

95

212

226

IIS

112

69

111

95

101

106

101

SO

90

107

211

107

10S

63

114

so

110

103

100

94

246

100

98

:

1OO

127

1S9

113

140

76

210

135

228

134

96

216

132

96

203

131

1

May

85

88

201

200

97

104

66

117

S8

115

101

99

96

214

120

June

87

89

214

210

92

101

49

120

S7

121

100

102

95

196

117

July
August.

SO

S5

105

200

85

97

45

123

8S

126

98

96

95

179

111

75

S5

185

201

95

45

127

S7

133

%

97

94

179

103

September
October
November .
December

79

$8

199

20S

72

94

44

131

89

137

97

101

93

162

102

S7

95

203

225

68

92

43

134

90

141

96

9S

96

165

97

S6

85

213

215

61
61

90

47

137

90

145

95

102

97

159

90

93

eo

137

91

142

94

106

96

160

89

85

101

100

234

225

94

95

219

84

195

186

1922.
January
February
March .
April

100

99

237

102

94

23 S

May

106

98

Juno
July
August

ins

98

97
90

Septeml>er
October
November
December
1J)23.
January
February
March
April..
June
Juno
July




!

211

SI

1

!

i

44

83

56

140

92

154

92

107

97

143

I

37

83

74

141

91

156

91

110

97

155

84

|

33

83

92

93

155

91

110

97

137

83

213

26

82

110

i«
143

95

156

91

115

101

137

79

244

228

24

S2

122

143

07

155

91

123

104

125

74

255

234

24

SI

120

144

100

154

90

131

105

130

70

93

233

223

20

81

118

14.3

97

158

90

132

104

122

65

90

215

225

21

82

117

146

97

158

90

135

103

126

68

94

94

219

234

110

105

249

266

94

98

220

245

102

112

240

25S

22

86

117

146

95

156

92

133

105

141

72

i
1

24

88

113

147

95

155

94

135

106

157

76

!
i

34
33

89

95

146

96

152

94

135

105

154

76

94

119

144

98

144

95

143

106

149

SO

I

109

112

251

289

31

84

92

147

103

153

96

144

109

137

80

93

96

213

230

31

86

96

146

101

152

98

139

109

150

80

111

112

251

270

36

85

85

145

102

150

99

14Q

105

164

87

101

107

228

261

33

85

79

145

99

153

99

138

105

155

S9

i

"i

'

See footnotes on opposite page.

I

•

165
BANKING.
Table 119.—NUMERICAL DATA.
From Government and non- Government sources.1
[Base year in bold-faced type; index numbers on opposite page.]
DEBITS TO
INDIVIDUAL
ACCOUNTS. 2

BANK
CLEARINGS.

CONDITION OF FEDERAL RESERVE BANKS.3

Notes
ReIn New Outside In New Outside Bills In cir- Total Total Total
New
New
disserve
York
investredeYork
York
York
count- cula- ments. serves. posits. ratfo.e
City.
City.
tion.
City.
ed.
City. &

YEAR AND MONTH.

Per cent.

Millions of dollars.

CONDITION OF
REPORTING
MEMBER BANKS.*

Total
loans
and
dis-

counts.

New
Net
Total
York
invest- demand
call
ments. deposits. loans.

Millions of dollars.

Commercial
doublename
paper,
60-90
days.

Per cent.

$7,886 $5,749

5.78

5,508

3.45

9,184

1915 mo. a v .

3.18

6,918

1913 mo. a v .
1914 mo. av.

5,879

4.52
3.44
3.42
4.73

$29

$384

1916 mo. a v .

13,298

7,713

24

185

$144

14,784

9,734

224

606

231

1,261

14,878
19,650
20,261
16,194
18,158

11,801
13,944
15,801
12,212
13,135

94.6

1.91

75.6

3.40

586

1917 m o . a v . ,
1918 mo. av
1919 mo. av

INTEREST
RATES.

$20,343 $17,536

1920 mo. av
1921 mo. av
1922mo. a v . . . .

1921.
January
February...
March
April

20,087
17,258
19,988

20,067
15,914
16,937

2.53
$1,154

September..
October
November..
December..
1922.
January
February...
March
April

1,738

57.0

$9,260

5.27

1,937

50.2

10,576

6.51

2,126
2,672
3,149

1,922

43.5

1,744

01.4

6.02

1,851

77.5

10,953

4,230

11,302
10,178
10,855

49.0
49.9
50.8
55.0

12,908
12,761
12,591
12,248

3,346

12,028
11,884
11,660
11,491

3,317

3,384

2,557

3,154

685

1,755

2,664

338

550

2,215

618

13,650
10,915
12,989
12.152

2,456

3,091
3,052
2,931
2,830

452
458
406
371

2,320

1,808

2,357

1,809

2,422

1,841

2,505

1,726

1,870

2,735
2,634
2,538
2,481

393
289
269
266

2,558

1,706

2,625

1,686

2,685

1,695

2,788

1,691

57.6
60.8
63.4
66.8

263
253
278
356

2,879

2,992

1_, 717
1,739
1,743
1,765

69.0
70.8
72.7
71.1

11,573
11,422
11,335
11,220

10,919
10,851
10,842
10,846

$11,927 $3,364

May
June
July
August.
September..
October
November..
December..

18,264

18,573

14,785

14,529

17,353

16,719

16,682

16,349

15,766

15,536

15,348

15,847

17,628

15,619

16,849

16,340

14,984

15,355

15,186

14,833

14,556

11,520
12,067
11,478
11,541

16,102

15,517
16,684

17,492

14,900

20,575

17,554

11,980
12,948
12,377
12,926

1,403

17,610

15,079
16,027
16,822
18,476

1,180

2,457
2,409
2,366
2,443

17,296
15,340
18,720
18,759

12.153
10,682
12,810
12,237

850
721
636
500

2,184
2,174
2,182
2,158

3,059

1,779

438
544
650

3,081

1,772

3,103

1,805

3,125

1,833

77.2
78.1
77.8
78.3

19,215
20,111
18,337
16,938

13,131
13,448
12,797
12,940

471
469
380
404

2,141
2,124
2,127
2,153

722
711
697
691

3,130
3,148
3,181
3,196

1,870
1,939
1,888
1,882

78.0
77.5
79.2
79.2

10,906
10,783
10,739
10,761

17,285
19,G68
17,332
18,899

13,427
15,272
14,098
14,826

420
469
650
630

2,243
2,299
2,330
2,464

3,203

1,840
1,842

78.4
77.6
76.4
72.1

10,988
11,249
11,219
11,329

4,468

3,212

19,778
16,784
19,768
18,010

16,591
13,250
15,585
15,005

597

2,204
2,247
2,232
2,223

76.9
76.2
75.5
77.0

11,425
11,639
11,783
11,839

4,849

16,642
14,730

20,397

17,367

20,717

16,481

21,654
22,063
19,713
18,287

17,148
17,168
16,315
15,817

19,215

16,522

22,322

18,399

19,027

17,098

20,851

19,558

January

22,087

19,666

February...

19,019

16,905

March

22,541

19,567

April

20,478

18,732

7.75

1,991

2,190

15,130

19,065

7.81

7.25

466
592

20,033

16,543

6.69

1,911

2,618

17,297

June
July....
August.

4.44

5.86
5.42
7.34
6.55
4.40

1,158
1,936

2,396
2,287
2,064

1,772
1,650
1,492

1,309
1,182

564
704

2,937
2,990

3,203

1,860

3,149

1,900

3,227
3,202
3,176
3,179

1,991

3,338
3,392
3,355

3,447
3,229
3,268

3,307
3,430
3,560

3,615
3,692
3,702
3,865
4,122
4,405
4,450
4,532

4,541
4,543
4,823

10,643
10,495
10,186
10,138

7.82

6.88

7.63

6.45

7.58

10,153
10,046
10,002
9,968

6.81

6.94

6.22

6.75

5.70

6.40

5.69

5.94

9,866
10,192
10,270
10,174

5.15

5.90

5.25

5.63

5.06

5.19

5.10

5.13

10,271
10,245
10,309
10,676

4.56

4.90

11,049
11,124
11,043
10,942
11,085
11,162
11,095
11,255

4.94

4.88

4.35

4.80

4.35

4.58

3.97
4.13
3.88
4.00

4.25
4.05
3.78
3.93

4.48

4.18

5.00

4.38

4.90

4.38

4.73

4.63

4.35

4.63

4.78

4.63

1923.
596
700
t337

542
571
504

1,952
1,976
1,909

4,690
4,714
4,634

11,537
11,525
11,082
11,156

5.23

5.00

4.94

5.13

May..
June..
July..
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; Interest rates in New York market from the Commercial and Financial Chronicle.
a 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.
« Condition as of last Wednesday of the month. Prior to April, 1921, figures are of last Friday of month.
* Includes reports from more than 800 banks in the leading cities in the United States on condition as of last Wednesday of month. Prior to April, 1921, figures are as
of last Friday ofmonth.
&
This column has been recomputed so as to include clearings from 117 identical cities in each year. Estimates had to be made for a few of the smaller cities in the earlier
years to complete the data.
6
Prior to March, 1921, net deposits were used in calculating reserve ratios.




166

STOCKS AND BONDS.
Table 120.—INDEX NUMBERS.
Based on data from commercial and trade sources.1
[Base year in bold-faced type; numerical data on opposite page.]

1913 monthly average
1914 monthly average
1915 monthly average
1916 monthly average
1917 monthly average

1OO
100
129
170
147

1918 monthlv average
1919 monthlv average
1920 monthly average
1921 monthly average
1922 monthly average

Relative to 1915.

Relative to 1921.

Relative to 1913.

1OO
110

173
377
270
207
314

67
1OO
124
162
290

49
1OO
99
73
58

53
1OO
105
94
111

99
98
98
98

97
96
96
97

114
113
114
115

231
147
230
221

157
100
122
129

77
63
57
57

95
71
72
74

98
98
99
99

98
98
100
101

115
116
118
118

254
262
134
159

159
129

70
76

98
97
99
100

154
141

54
92
60
54

78
101
82
74

75
75
77
80

77
73
79
77

101
102
107
107

101
102
105
105

102
103
107
106

117
115
112
101

185
186
221
255

168
166
257
265

87
92
91
93

106
109
129
132

91
91
93
96

83
84
88
90

102
102
102
104

108
108
110
112

105
105
107
107

107
109
110
111

98
99
99
98

222
234
328
440

268
263
333
371

97
52
76
77

136
100
136
145

94
95
98
99

96
95
97
99

93
92
93
95

106
105
106
107

113
111
112
113

107
107
108
108

in
110
111
111

93
94
94
94

418
347
219
258

322
277
265
312

61
53
48
38

122
105
98
101

99
96
94
94

99
97
93
93

97
96
94
93

108
107
105
105

113
111
111
111

108
107
106
107

110
109
108
109

93
92
93
94

314
371
330
284

285
283
254
249

38
69
38
45

95
118
88
92

94
94
90

92
92
89

93
93
91

106
105
102

110

107

107

93
93
93

292
328
373

300
262
274
248

32
26
28

94
81
85

25

77

100
103
96

100
105
98

100
108
101

100
115

139
182
184
136
169

74
75
67
64
75

91
90
78
78
97

89
87
79
83
95

88
88
77
81
95

87
84
70
73
91

98
100
85
78
105

1OO
111

1OO
107

109
107
104
106

148
148
144
146

65
65
63

79
78
77
77

83
82
81
81

81
79
78
78

70
71
71
72

83
84
80
80

98
97
97
98

104
84
95
92

147
125
125
121

65
62
64
64

77

78

80
78
81
82

79
77
79
81

72
70
72
73

80

75
77

96
97
102
105

127
130
136
140

65
64
65
66

79
78
81
84

83
83
88
91

83
83
87
80

105
108
111
111

143
149
153
163

65
68
70
74

91
92
94
96

93
92
93
94

May
June
July .
August

115
114
117
123

166
166
170
178

76
74
77
82

97
97
98
100

September
October
November

121
120
119
114

184
191
182
187

83
83
76
74

101
99
97
97

112

190
198
199
195

74
79
78
76

96
96
93

. . . .

May
June
July .
August

September
October
December

Total bonds.

17

103
101
112
114
95

100
103
97

62

Liberty and
Victory bonds.

87

13
IS
26
31
28

1OO
105
98

i

Miscellaneous
bonds.
58
80
112
132

1OO
93
95
91
96

1921.

Relative to 1919.

1OO
58
209
280
222

1OO
93
88
96
83

January
February
March ..
April

NEW YORK STOCK
EXCHANGE SALES.

Stocks (shares).

Municipal bonds.

16 foreign
government
and city.

6 Liberty and
Victory bonds.

Combined index
(67 bonds).*

I

N
Relative to Relative to 1913.
1921.

10 industrial
bonds.4

Z

10 public utility
bonds.4

1

18

10 second-grade
rails.4

in

10 highest4grade
rails.

en

1

BOND
YIELDS."

BOND PRICE INDEX.
Combined index
(40 bonds).4

YEAR AND MONTH.

Combined index
(103stocks).2

STOCK PRICES.

77

1922.
January
February

. . .

March
April ..

..

1

1923.
January
February
March
April
May

June
July
See footnotes on opposite page also.
1
Bond price index based on 4 per cent bond and bond sales from Dow, Jones & Co.; combined indexes for 103 stocks and 67 bonds, respectively, 6 Liberty and Victory
bonds, 16 foreign government and city bonds, compiled by the New York Trust Co.; municipal bond yields from The Bond Buyer: and stock prices and sales from the
Annalist.
* Includes 25 railroads, 10 iron and steel, 5 railroad equipment, 9 motor (including accessories), 5 rubber tires, 5 shipping, 5 sugar, 5 leather and shoe, 5 tobaceo, 10 copper,
10 oil, and 9 New York bank and trust companies taken as of the last day of the month.




167

STOCKS AND BONDS,
Table 119.—NUMERICAL DATA.
From commercial and trade sources*1
[Base year in bold-faced type; index numbers on opposite page.]

STOCK PRICES.

YEAR AND MONTH.

BOND
YIELDS.*!

BOND PRICE INDEX.

ComCom10
10
Combined high- sec10
bined
10
bined
25
25
index
public indus- index
ond utility trial
est
Index indus- rail- 3 (40
(67
(103 trials.s roads. bonds). grade grade bonds.4 bonds. 4 bonds).
rails.< rails.4
stocks).2

Dollars per share.

Per cent of par value of 4 per cent bond.

NEW YORK STOCK
EXCHANGE SALES.

16
for6
eign MuMisLiberty
Libgov- niciTotal
cellaand
erty ernpal Stocks. neous Victory bonds.
and ment bonds.
bonds. bonds.
Victory. and
city.

Per cent of par value.

Per
cent.

Thousands of
shares.

Thousands of dollars,
par value.

76.76

89.79

75.55

73.82

70.51

4.23

14,448

80.49

92.45

78.00

77.59

75.89

4.06

19,404

69.12

75.58

87.43

72.42

72.36

71.35

4.26

15,378

$41,499
56,959
79,623
79,623
94,199
94,199
61,866 $40,842
85,690

61.34

69.84

80.02

66.12

1913 monthly a v .

$58.19

$82.97

4.45

6,924

$41,499

1914 monthly a v .

58.08

77.57

4.16

3,992

56,959

1915 monthly a v .

75.35

73.16

1916 monthly a v .

99.14

1917 monthly a v .

85.44

1918 monthly av

69.36

4.60

11,948

47,544

117,059

164,603

191$ monthly av

105. 77

62.06

69.07

77.89

66.33

61.77

70.76

4.49

26,073

71,322

236,814

308,136

1920 monthly av

107.21

55.94

59.70

71.33

58.54

51.99

60.12

5.00

1921 monthly a v . .

84.57

79.38

53.21

60.15

74.39

61.43

53.92

55.28

85.38

93.20

92.42

5.08

1922monthly a v . .

97.08

98.58

62.38

74.11

85.42

71.76

67.50

74.00

94.93

99.54

101.43

4.23

88,563 235,406 323,969
14,334 115,686 173,130 288,816
21,729 206,948 136,442 343,390

1921.
January
February...
March
,
April

91.84
90.38
87.85
89.70

86.03
86.13
83.83
84.73

53.87
53.84
52.03
51.59

60.41

74.92

60.89

51.41

58.81

83.54

91.82

60.25

73.81

59.91

52.09

58.98

82.85

91.50

88.52

59.21

73.14

59.13

52.19

56.13

83.19

91.51

89.00

59.39

72.52

59.13

52.85

56.42

83.40

91.54

89.92

5.06
5.05
5.07
5.11

15,976 112,065 181,421 293,486
10,147 71,300 149,014 220,314
15,907 87,072 135,918 222,990
15,273 92,283 135,429 227,712

May
June
July
August.

87.56
71.39
80.50
77.62

85.53
72.71
72.95
70.22

53.59
51.18
53.28
52.98

59.46

72.25

59.84

52.88

56.16

83.32

91.43

90.81

57.75

70.31

58.17

51.67

54.06

82.73

91.32

90.31

58.89

72.56

60.06

53.04

53.66

84.71

92.03

92.25

59.59

73.66

61.08

53.87

53.69

84.98

92.16

93.03

5.12
5.18
5.26
5.24

17,601 113,177 128,023 241,200
18,174 92,132 217,741 309,873
9,295 109,535 143,182 252,717
10,992 100,246 127,718 227,964

September.
October....
November.
December..

81.12
82.42
86.11
88.39

74.10
75.43
79.14
81.73

54.10
53.51
54.19
54.40

60.74

74.72

62.75

55.10

54.41

86.41

93.74

94.01

59.83

74.52

62.83

55.63

51.16

87.24

95.43

95.03

62.13

78.59

65.80

91.17

98.21

98.64

81.62

67.59

57.18
59.12

55.69

64.10

54.22

91.07

97.72

98.25

5.22
5.13
5.00
4.50

12,807
12,883
15,332
17,622

119,819
118,408
183,320
188,880

88 74
90.93

82.99
86. 47

54.21
56.57

70.22

83.23

68.46

61.07

71.63

91.93

97.50

70.71

82.95

68.47

62.34

72.07

92.63

98.29

93 79
93 53

89. 20

57.98

71.85

83.33

70.06

64.65

71.80

93.72

99.39

94 59

61.62

73.69

84.60

72.20

66.58

73.59

95.21

99.90

99.00
100.90
101.85
102.84

4.38
4.41
4.39
4.35

15,394
16,185
22,734
30,468

191,216 228,613 419,829
187,368 121,981 309,349
237,852 180,639 418,491
264,341 182,582 446,923

97.56

96.84

62.92

74.72 I 84.80

72.83

74.28 | 85.29

71.89

68.65
67.92
68.47
69.83

74.42

61.49

75.73

96.79
95.03
96.03
96.86

100.11
100.13
100.84
100.27

102.71
101.89
102.24
100.27

4.15
4.18
4.18
4.19

28,911
24,036
15,149
17,850

229,460 144,967 374.427
197,772 126,121 323,893
188,691 114,284 302,975
222,863 89,855 ! 312,718

100.32
99.31

4.15
4.09
4.14
4.18

21,775 203.184 88,909 ' 292,093
25,676 201,506 163,616 365,122
22,882 181,457 89,420 270,877
19,692 177,670 106,317 283,987

4.16
4.14
4.13

20,208 214.185
22,694 187,150
25,855 195,146
176.642

1922.
January
February
March
April
May
June
July
August..
September.
October....
November.
December..
1923.
January
February...
March
April

96.76
99.06

99.06

63.72

75.44 j 88.09

73.18

103.65

103.68

67.64

76.80 ! 89.01

75.05 !
I

74.10
74.64

102.02

107.02 i

68. 70

77.47 | 89.29

74.

71.59

76.28

96.34

101. 65

111.25

68.53

75.96 ! 85.93

73.29

70.75

75.53

95.06

100.68

106.09

63.46

74.10 j 84.68

70.52

69.28

73.79

94.53

96.53

109.08

61.71

74.11

84.82

70.29

68.91

74.38

95.00

9.57

101. 59
100.35
100.21
100.84

94.67

110.35

61.71

73.76

84.46

69.82

68.34

74.43

94.26

99.29

99.22

115.03

65.28

73.42

84.18

69.31

68.40

73.80

116.03

65.06

71.65

81.15

67.42

67.41

72.25

113.46

63.04

18,728

207,123
218,018
214,625
219,342

76,239
61,207
66,599
60,351

326,942
336.426
397,945
408,222

290,424
248,357
261,745
236,993

May..

June.
July..
See footnotes on opposite page also.
» Prices are averages, as taken at the end of each week, of the closing prices for these stocks on New York Stock Exchange.
* These indices are combined from the yields of the average prices of the bonds for each day of the month, the average yields for the 10 bonds of each class being capitalized at 4 per cent to give the index.
* Includes 6 Liberty and Victory bonds, 16 foreign government and city, 20 railroads, 10 public utilities, and 5 telegraph and telephone issues taken as of the last day of
the month.
« Average market yield of bonds of 20 large cities at the first of each mouth.




168

CORPORATE AND MUNICIPAL FINANCING.
Table 122.—INDEX NUMBERS.
Based on data from commercial and trade sources.1
[Base year in bold-faced type; numerical data on opposite page.]
DIVIDEND AND INTEREST
PAYMENTS.

BUSINESS
FAILURES.

CORPORATE ISSUES.
Total corporate
securities.

Dividend Payments.s

8
B

3

3

§

Hi
*§!
Ill

I!

av. 100
av.
114
av.
138
av.
106
av.

1918 mo.
1919 mo.
1920 mo.
1921 mo.
1922 mo.

av.
av.
av.
av.
av.

1OO
131
111
72
67

1OO
70
96
161
217

s

1

*0

IP

I

Relative to 1913.
1913 mo.
1914 mo.
1915 mo.
1916 mo.
1917 mo.

SOUTHERN
BOND
ISSUES.™

3

0»

YEAR AND
MONTH.

NEW
MUNICIPAL
BOND
ISSUES.*

Relative to 1920.

Relative to 1913.

1OO
101
105
120
134

100
98
95
111
129

1OO

1OO

95
94
117
147

99
95
106
105

1OO
109
105
123
132

140
125
130
117
112

98
96
96
96
95

129
122
124
122
119

184
189
160
208

1OO
26
58

1OO
113
129

1OO
67
86

100

93

1OO
87
87
133

1OO
109
121
122
109

3
Relative
to 1922.

1OO
59
32
61
81

62
40
55
123
148

60
42
108
230
229

106
613
725
385
406

153
192
188
190

122
114
115
110
108

January
February...
March
April

142
123
100
111

229
268
297
170

722
380
554
573

244
112
188
238

164
108
113
127

159
108
123
149

101
113
115
93

283
131
64
162

188
218
101
285

73
9
17
36

139
140
75
229

82
54
76

353
211
57
1,037

218
215
188
276

150
102
261
310

May
June
July
August

101
99
108
117

251
152
188
189

349
392
164
337

161
197
230
117

75
87
146
109

70
97
140
111

83
86
113
118

95
49
181
84

130
131
124
101

5
1
106
7

118
55
66
42

76
27
82
29

86
128
60
38

225
367
320
309

173
112
107
102

September .
October
November.
December .

110
128
149
183

163
234
235
385

284
292
214
359

160
241
165
204

80
131
90
92

99
155
69
126

60
93
124
50

64
175
108
64

150
75
187
232

3
4
20
31

152
43
120
173

79
25
72
113

300
69
216
221

296
367
357
921

183
148
115
127

January...
February..
March
April

204
174
184
162

325
320
315
322

490
343
425
460

244
114
190
245

196
105
110
124

145
103
117
144

100
111
115
92

292
125
64
162

153
148
207
325

36
35
42
31

140
85
173
196

87
52
103
120

268
226
369
307

227
263
370
433

33
120
162
12

139
62
171
68

May
June
July
August

147
130
131
128

195
168
176
177

545
173
368
375

164
194
232
120

73
84
141
106

67
78
134
108

82
83
111
117

93
43
167
80

292
240
166
162

110
70
19
47

167
169
137
53

134
119
54
44

286
289
527
122

365
499
352
247

37
48
62
48

111
148
67
87

September
October...
November.
December.

in
128
130
136

162
152
177
256

377
378
469
472

163
241
174
218

79
131
90
94

97
155
129

60
93
124
51

62
176
108
66

201
124
159
316

173
22
22
90

135
143
72
80

127
72
43
80

386
383
162
128

350
221
157
276

108
150
116
87

70
101
94
81

1923.
January...
February..
March
April

159
113
126
114

217
179
213
227

528
407
291
681

310
119
191
252

204
107
112
126

152
106
120
148

100
112
117
93

298
128
65
169

461
173
229

152
90

113

197
103

833
124

287
214
205

121
10

79
77
68
97

19
7

231

64
189
189
348

137
158
76

1OO

1921.

1922.

70

See footnotes on opposite page also.
1 Business failures are from Dun's Review; Dividend and interest payments, New capital issues, and New incorporations from the New York Journal of Commerce;
Municipal bond issues from The Bond Buyer; Southern bond issues from the Manufacturers' Record; Stock. Bonds, and Total Corporate securities from Commercial and

Financial Chronicle.
2
Represents the value of the authorized capital of new enterprises incorporated in the principal eastern states.
»Monthly data for the period 1913-1921 will be found in the October SURVEY (NO. 24), page 46.
* Includes bank dividends not separately shown for those months where such payments are reported. The total interest payments may be obtained by subtracting
total dividend payments from total interest and dividend payments, monthly data of which for the period 1913-1921 were published in the September SUBVEY (NO. 13),
p. 51. It is to be noted that the total dividend and interest payments for July, 1918, should be stated as $333,011,000, instead of $633,011,000.




169
CORPORATE AND MUNICIPAL FINANCINGc
Table 123.—NUMERICAL DATA.
From commercial and trade sources.1
[Base year in bold-faced type; index numbers on opposite page.]

DIVIDEND AND INTEREST
PAYMENTS.

BUSINESS
FAILURES.

CORPORATE ISSUES.
Total corporate
securities.

Dividend payments.3

2

III

3

£39

1

I

Ila

3

I

1

•dJEo

SB"

Number of
firms.

SOUTHERN
BOND
ISSUES. i
«

©

d «

II

Y E A R AND MONTH.

NEW MUNICIPAL BOND
ISSUES.^

3
2

T h o u s a n d s of dollars.

1913 monthly a v .

1,336 $22,723

$172,301

$148,103

1914 monthly a v .

1,523

29,826

120,306

148,948

68,481

36,530

24,549

5,368

119,710

37,159

1915 monthly a v .

1,846

25,191

164,915

155,426

66,019

36,374

23,613

5,149

119,613

41,049

12,894

1916 monthly a v .

1,416

16,351

276,925

177,919

77,176

44,986

26,005

6,020

182,208

41,450

24,367

$69,838 | $38,527 $24,733 $4,906

$137,145

$34,049 $40,268
23,838

1917 monthly a v .

1,155

15,203

373,198 J 199,095

89,856

56,542

26,038

6,493

127,498

37,078

32,704

1918 monthly a v .

834

13,585

183,275

227,061

85,184

53,788

24,135

6,318

112,068

21,902

39,428

1919 monthly a v . .

538

9,441

1,056,519

265,764

79,745

48,264

23,705

5,977

251,764

64,183

37,508

1920 monthly a v . .

740

24,593

1,249,920

284,573

80,248

50,140

23,832

6,074

258,886 $89,253^*157.
,935 $225,825 $21,357

64,472

55,341

1921 monthly a v . .

1,638

52,284

663,260

278,484

76,965

45,200

23,668

5,970

219,572

23,271

177,963

151,828

49,407

118,385

63,503

1922 monthly a v . .

1,973

51,991

700,013

282,073

75,132

43,259

23,433

5,855

284,978

51,969

204,078

194,587

61,460

104,730

30,432

1,243,460

$26,316

1921.
January

1,895

52,137

361,925

114,350

61,450

24,900 13,900

257,423

65,305

219,258

209,146

74,181

60,586

February

1,641

60,852

654,376 | 165,220

75,720

41,450

27,850

6,420

298,708

8,381

221,221

184,608

73,364

41,270

March

1,336

67,409

954,700

277,846

78,956

47,301

28,505

3,150

138,701

15,421

119,009

122,254

63,988 105,252

April

1,487

38,568

987,895

351,981

88,486

57,501

22, 950

7,925

390,668

32,478

361,324

172,425

94,052 124,930

May....

1,356

57,066

601,044

238,061

52,251

27,100

20,500

4,650

177,638

4,056

185,746

171,494

76,521

70,007

Juno —

1,320

34,639

675,978

292,168

60,811

37,250

21,151

2,401

179,114

800

87,419

60,930

125,976

45,482

July....

1,444

42,774

281,759

340,166

102,303

54,100

28,003

8,900

170,474

94,841

104,031

185,972

108,925

42,930

August.

1,562

42,904

580,141

173,860

76,160

42,950

29,110

4,100

138,929

6,100

66,811

64,815

105,194

41,249

September

I 1,466 j 37,021

489,846 | 236,801

56,201 1 38,150
1

14,901

3,150

205,792

2,500

239,780

178,172

64,108

100,798 i 73,529

October

| 1,713 j 53,059

503,394 j 356,779

91,445 | 59,850 23,000

8,595

103,149

3,420

67,468

56,151

14,737

125,126 | 59,543

November

1,988

53,470

367,956 ; I 245,051 62,750

26,750

30,700

5,300

255,938

18,030

189,774

161,596

46,208

121,488 | 40,184

December

2,444

87,502

618,572 j 301,951

64,150

48,550

12,450

3,150

318,335

27,933

273,803

254,442

47,293

313,740 ; 51,075 !
[

January

2,723

73,796

843,653

361,925

136,925

55,300

24,650 14,325

209,662

32,333

220, 597

195,739

57,191

77,288

13,228

February

2,331

72,608

591,404

169,350

73,250

39,650

27,450

6,150

202, 749

30,894

134,774

117,467

48,201

89,493

48,157

10,444

March

2,463

71,608

731,866

280.950

76,850

45,250

28,450

3,150

283,724

37,413

273,163

231,800

78,716

125,903

05,2ol

45,113

April

2,167

73,059

792,372

363, 235

S6,376 j 55,550 22,875

7,951

445,196

27,792

309,852

271,976

65,008

147,300

4,940

17,881

May....

1,960

44,403

938,195

242,451

50,851

25,900

20,401

4,551

400,700

98,532

264,274

301,783

01,024

124,425 | 14,720

29,176

01,770

109, 994

19,245

38;949

120,008

24,811

17,529
22,829

1922.
30,701

June....

1,740

38,242

297,557

286.951

58,751

30,050

20,600

2,101

329,304

02,888

207,013

208,725

July....

1,753

40,010

634,259

344,210

98,210

51,700

27, 450

8,200

227,976

17,300

210,810

121,014 j 112,550

August.

1,714

40,280

646,605

178,100

74,300

41,525

28,850

3,925

222,012

41,745

82,971

98.566

20,150

83,957

19,471

September..

1,566

30,908

650,044

242,075

55,175

37,400

14,750

3,025

276,320 154,689

213,992

280,180

82,500

119,209

43,650

18,511

October

1,708

34,647

651,577

356,570

91,370

59,790

22,950

8,030

170,582

19,801

225,123

103,184

81,740

75,125

00,328

26,586

November..

1,737

40,265

808,720

257,053

62,790

26,820

30,650

5,320

217,714

19,478

113,242

98,070

34,051

53,497

40,045

24,072

December..

1,814

58,069

813,901

322,246

65,570

49,800

12,510

3,200

433,200

80 ; 710

126,028

179,909

27,375

94,100

35,153

21,401

1923.
January..

2,126

49,210

909,694

459,510

142,710

58,700

24,800 14,610

632,784 135,874

487,515

445,463 177,920

97,785

48,005

20,832

February.

1,508

40,628

700,708

175,855

74,655

40,700

27,655

237,609

177,889

2:;l, 095

72,700

4,074

20,202

March

1,682

48,393

500,819

282,800

78,210

46,100

28,900 3,210

April

1,520

51,492

1,006,258

372,535

88,275

56,900

23,100

6,300

313,928 I

8,275

80,315

20,509

09,758

17,848'
25,400

See footnotes on opposite page also.
•' Includes stocks for new capital and refunding purposes.
Includes both long and short term bonds and notes representing new capital and refunding capital.
7
Includes all forms of corporate securities floated for purposes of new capital.
8
Includes all forms of corporate securities floated for purposes of refunding.
9
Sales by States and municipalities of New Bond Issues.
10
The South herein represented consists of Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Maryland, Mississippi, Missouri, North Carolina, Oklahoma',
South Carolina, Tennessee, Texas, Virginia, West Virginia.
6




170
CORPORATION STOCKHOLDERS.
Table 124.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA.
Data from commercial and trade sources,1
[Base year in bold-faced type.]
PENNSYLVANIA
RAILROAD
CO.

YEAR AND MONTH.

AMERICAN
U. S. STEEL CORP. TELEPHONE PENNSYLVANIA
(COMMON
AND TELE- RAILROAD CO.
STOCK).
GRAPH CO.

Stockholders. Stockholder?. Per- Stockholders
centage of
shares
held
DoDoDoForForForby
meseign. meseign. brok- mes- eign.
tic.
tic.
tic.
ers.

Stockholders.

Domestic.

Relative to 1913.

Foreign.

average
average
average
average
average

112

105

*101

117

61

95

128

20

107

100
111
'129
61
78

100

1OO

1OO

108

105

115

Foreign.

Percentage
of
shares
held
by
brokers.

1OO
91

Domestic.

Foreign.

Number.

B.—NUMERICAL DATA.
100
107 '

1OO

72,714

113

78,682

89

117

122

81,603

107

127

114

85,343

101

148

96

93,331

11,258
11,839
11,816
6,884
2,235

41,436

64,314"

1,484

43.22

96,035

73,510

1,475

40.65

115,482

174

13

213

85

59

247

122

126,424

190

15

252

88

44

308

193

138,450

187

26

235

90

47

409

221

136,181

1,773
1,727
1,500
1,743
2,869

March.

167

14

198

87

65

231

113

121,326

June
September-..

172

14

207

86

62

247

113

124,943

176

13

216

84

60

252

113

181

13

228

82

49

259

149

188

13

249

84

47

272

192

12

251

87

44

289

1918 quarterly average
1919 quarterly average
1920 quarterly average
1921 quarterly average
1922 quarterly average

Domestic.

AMERICAN
TELEPHONE
AND TELEGRAPH CO.
Stockholders.

Stockholders.

Number.

A.—INDEX NUMBERS.
1913 quarterly
1914 quarterly
1915 quarterly
1916 quarterly
1917 quarterly

U. S. STEEL CORP.
(COMMON
STOCK).

141

16

155

97

84

180

110

102,798

153

15

177

96

79

217

119

111,316

1,529

51.48

53,205

1,697

46.73

56,932
62,279

47,777
»42,020

2

1,980

45.87

39,365

939

55.08

67,504

44,531

1,191

51.88

78,597

88,085

1,300

30.35

131,643

104,621

1,341

22.45

163,703

97,580

1,380

24.36

217,599

r,595

82,246

1,337

33.46

122,999

1,525

85,909

1,320

32.09

131,558

127,768

1,472

89,665

1,287

30.69

134,112

131,659

1,409

94,520

1,256

25.17

137,901

170

137,007

1,386

103,093

1,283

24.27

144,716

188

139,702

1,373

103,976

1,334

22.61

153,649

1,041
1,175
1,270
1,187
999
1,143
1,239
1,267
2,013
2,297

1920.

.,

.,,

T>ftOATn"hftr

1,173
1,173
1,174
1,547

1921.
March

June

.

.

1,774
1,953
2,146
2,180

S^ptflTnhfir

190

12

254

89

42

325

206

138,243

1,362

105,355

1,368

21.49

172,770

DivftTTihftr

191

26

256

90

42

345

209

138,847

2,852

106,061

1,379

21.44

183,676

191

26

254

43

368

2,915

105,261

195,608

236

47

378

136,940

2,888

97,989

24.09

201,303

49

430

134,279

2,851

94,789

25.05

228,592

51

463

234

134,609

2,820

92,281

1,399
1,370
1,384
1,365

22.02

26

213
215
222

138,895

188

26.28

246,494

2,217
2,233
2,309
2,431

51

480

242

136,247

2,814

92,711

1,365

26.24

255,421

2,524

1922.
March
September
December . . .

185

25

229

185

25

223

91
90
91
89

187

25

224

89

1923.
March

June

1
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., December figures are for Dec. 31 or Jan. 1.
» Dec. 31 figures; other quarters of 1915 not available.




171

CREDIT CONDITIONS.
Table 125.—(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
tain
Agrlcui- Agricul- Agricul2
States
average. Coast. Section. 3 tiiral.* tural. & tural^

United Pacific Moun- North Middle South
2
tain Agricul- Agricul- AgriculStates
average. Coast. Section.3 tural.* tural. & tural, e

East.?

Relative to 1916.

1916 mo av
1917 mo. av .
1918 mo av
1919 mo. av
1920 mo av
1921 mo. av
1922 mo av
1920.
September
October
November
December
1921.
January
February
March
April
May

June
July
August

100
105
106
110
108
97
87

104
103
97
96

1OO
99
103
110
112
105
87

111
108
105
101

Percentage of total recorded transactions.

A.—INDEX NUMBERS.

B.—NUMERICAL DATA.

1OO
103
102
108
106
96
84

1OO
113
106
111
107

1OO
106
112

99
84

98
87

96
96
97

102
105
99
93

104
109
100
95

100
95
99

96
100
98
90

100
101
104
105

93
103
107
101

91
100
109

101
102

99
102

100
100

104
99

101
97

105
102

96
92

107
116
111
10-4

93
86
99
97

100
100
102

102
102
107
108

89
101
95
100

106

89
103
90
93

94
93
95
92

93
103
97

91

56.6

57.5
58.4
60.7
59.4
53.4
47.6

107

92

105
108
84
94

115
112

56.2
58.4

57.2
56.9
53.3
52.8

55.4

58.0

49.5

57.2

57.1
56.7
60.0
58.8
53.4
46.8

65.8
61.6

52.6

58.6

62.5
63.3
59.3
49.5

58.2
62.2
58.9
59.9
60.1
54.2
45.9

55.5
56.8
55.2
48.4
43.2

58.5
61.6
61.1
56.1

1
i

52.3

i

63.1
61.3
59.4
56.9

55.6
55.6
56.4
53.7

58.2
59.8
46.4

59.3
60.0
57.7

51.9

54.0

51.3
53.9
49.3
47.2

61.2
57.3
54.2
56.8

54.3
50.3
57.8

53.3
55.3
54.4
49.8

57.8

46.1
51.2
52.9
50.2

52.3
57.0
62.1

i
i

57.9

'

58.6
59.2

49.2

57.4
57.1
60.2

.

54.4

60.8
65.5
62.6
58.6

j
!

55.0
54.9
55.9
54.3

57.8
57.6
60.6
61.2

51.6
58.9
55.3
58.4

58.6
51.4
57.1

98
87

51.8
49.2

89
92

91
92

49.3
50.3

54.6
53.1
58.1

49.4
56.9
50.0

60.7

53.1
54.6
51.0
48.4

92
94
93
85

50.1
48.1
49.7
46.4

52.7
50.2
55.0
48.2

48.2
48.1
58.1

53.6
46.2
48.6

47.7

49.6
48.5
46.0
45. 2

53.7
52.5
51.2
48.6

48.5
51.2
41.5
35. 1

45.8
45.2
46.7
49.5

42.9
45. 8
45.9
47.4

48.0

101

Soptember
October
Novcmbor
Oocembor

94
89
90
91

96
94
103
107

91
94
88
83

1922.
January
February
March
\pril

91
87
90
84

93
89
97
85

83
83
100
82

97
83
88
87

91
87
91
88

92

June
July
August

90
88
84
82

95
93
90
86

83
88
71
60

89
94
77
71

91
85
86
78

92
89
81
84

89
92
90

September
October
November
December

83
82
85
90

76
81
81
84

82
64
71
79

80
80
83
86

74
75
81
86

87
86
87
91

92
89
92

1923.
January
February
March
April.

90
95
96

May

55.0

1OO
102
102
108
107
98

1OO
107
101
103
103
93
79

95
100
104
99

99

East.?

85
90
83

52.5
55.2
57.4

I

93

96

i

56.2

64.5
62.3
57.5
49.0

58.7
60.2
61.0

60.1
57.6

50.6
49.8
48.2

54.3
54.2

47.5
45.7

55.0
53 1

44.0
45.6

49.5
51.9
52.8

48.0

52.7
50.3
52.8
50.9

45.3
42.2
44.6
41.2

53.0
49.5
49.8
45.4

45.6
44.3
40. 1
41.6

41.2
46.2

47.9

42.8
43.7
46.7
50.0

43.1
42.4
43.0
44.8

;

!

50.7
52.5
51.5
53.2

44.1
44.1
46.1

i

52.9
54.0
53.1
48.5

49.4
51.9
42.8
39.1

:

52.8
51.0
52.7
54 9

37.5

53.5

51.5

58.5
56.0
l

i

52.7
52.2
52.6

\1av
June
July
1
Compiled by the Credit Clearing House from reports to it by ir enufacturers 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.
Theacommodities covered by these transactions are largely textiles. The year 1916 is taken as a base, as payments were abnormally high in 1919.
California, Oregon, and Washington.
3
Arizona, New Mexico, Colorado, Utah. Nevada, Idaho, and Wyoming.
* Montana, North and South Dakota, Minnesota, and Wisconsin.
1
Kansas, Nebraska, Iowa, Missouri, Illinois, Indiana, Kentucky, and Ohio.
8
Texas, Oklahoma, Arkansas, Louisiana, Mississippi, Alabama, Tennessee, Georgia, Florida, North and South Carolina.
7
States east of and including Pennsylvania, West Virginia, and Virginia.




172
CREDIT CONDITIONS.
Table 126.—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
2
tain
States
Agricul- Agricul- Agriculaverage. Coast. Section.^ tural.* t u r a l . '
tural.6

East. 7

United Pacific Moun- North Middle South
tain
States
Agricul- Agricul- Agricul2
average. C o a s t . Section. 3 tural.4
tural. & tural.e

East.'

Relative to 1916
1916 mo. av.
1917 mo. av
1918 mo. av
1919 mo. av
1920 mo. av
1921 mo. av
1922 mo. av
1920.
September
October
November
December
1921.
January .
February
March
April.
May
June
July
August
September
October
November
December
1922.
January
February
March
April
May
June
July
August
September
October
November
December

100
101

1OO

1OO

1OO

1OO

1OO

1OO

1OO

1OO

1OO

1OO

1OO

1OO

1OO

100

105

98

101

99

104

93

98

96

93

94

94

92

102

94

97

109

106

99

106

91

89

98

90

94

92

85

103

94

100

106

108

102

104

88

81

90

91

87

81

101

94

94

102

99

103

93

94

101

89

78

82

92

110
94

90

87

94

98

89
94

99

93

105

108

99

89

112

119

110

94
112

94
94

97

91
116

89
92

90
94

107

112

108

98

96

113

115

106

109

93

102

113

89

96

93

85

106

90

97

106

110

106

109

100

99

98

99

104

91

95

83

82

90

98

99

99

104

96

100
112

99

104

106

100

74

73

69

77

85

71

67

108

104

114

102

107

108

108

63

59

58

81

71

58

59

97

82

91

85

93

103

96

88

73

83

94

93

88

90

81

66

96

76

74

84

84

86
84

72

81

93

92

84

87

79

80

79

76

78

82

77

80

68

85

92

82

86

93

80

88

94

92

91

93

82

70

82

78

88

84

83

99

92

105

97

100

96

99

91

82

78

95

88

95

94

98

101

96

95

92

95

99

96

89

91
112

105

95

101

92

80

93

87

94

91

99

92

89

109

104

98

97

89

84

90

90

91
92

88

87

98

82

90

91

103

102

94

94

92

107

87

92

80

97

91

100

107

86

101

111

111

96

95
103

90

98

94

107

89

67

79

89

94

99

76

105

104

106

111

107

103

102

93

89

88

96

96

95

90

109

117

110

108

113

105

107

92

88
93

88
90
93

94
102

103

91

88

114

99

108

111

106

111

90
94

86
89

106
100

99

91

86

95
95
104

98
95

94

100
105
114

117
101

75

109
102
98
108

117

106
113

110

105

99
95
107

115
111
11C

118

121
109
110

97
114
114

121

102
119

110
107
106

115
114
112

110

109

125

116

105

111

106
112

108
116

93
97
90

99
87
85
92
105

77

96

82

97

83

96
101

88
89

105
117

108
118

96
101

83

109

115

99

126

125

109

87

89
96

126

110
106
110

107

106

97

113

114

112

121

117

101

103

104

83

117

130

123
131

121

103

108
101

103

96

118

119

101

105

108

109

87

117

120

120

118

119

104

126

111

109
112

100

100

98

113

105

90

127

134

134

135

127

116

134

,

1923.
107

107

113

103

117

103

April
May
July
See footnotes on opposite page also.
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
total number 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 pavments 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 bo more nearly normal than 1919, in which orders and payments were unusually large and
Indebtedness unusually small.




173

CREDIT CONDITIONS.
Table 127.—NUMERICAL DATA.
From commercial and trade sources.1
[Base year in bold-faced type; index numbers on opposite page.]
ORDERS.

INDEBTEDNESS.

South
Middle
United Pacific M o u n - North
tain
Agricul- Agricul- Agricul2
States
tural. 6
1 average. Coast. Section.3 tural.* tural.'

YEAR AND MONTH.

East.?

United Pacific M o u n - North Middle S o u t h
tain
Agricul- Agricul- AgriculStates
2
tural.s
tural. 6
average. Coast. Section^ tural. 4

East.'

Perccnta *e of total recorded t ransactions.
i

27.6
28.0
28.2
28.3
28.0
24.6
26.9

33.2
33.1
31.3
31.3
31.2
25.9
32.9

30.6
3° 2
29.7
30.5
28.8
25.0
28.5

25.8
25.4
28.0
27.3
26.3
23.8
27.1

27.2
27.5
28.7
29.3
29.8
25.6
29.3

27.7
27.4
27.5
28.2
27.4
24.9
27.5

26.3
27.4
28.0
27.4
27.2
22.9
23.3

38.8
36.2
35. 2

36.6

1920.
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

28.6
28.7
26.1
17.7

36.2

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

2C.8

19.3
25.2
24.9
25.1

16.0
24.3
23.3
22.6

15.6
23.8
23.0
22.6

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

23.8
25.8
28.5
28.3

23.2
24.5
26.3
27.2

21.9
25.1
26.6
25.4

September
October
November
December

27.0
27.1
24.6
25.5

27.2
26.4
22.4
27.6

27.4
29.7
24.1
26.8

27.9
27.1
25.5
26.0

28.3
29.6
27.3
26.3

24.6
22.7
20.1
23.6

1922.
January
February
March
April

25.4
25.6
26.9
24.8

29.3
31.0
32.0
28.9

26.9
27.4
28.6
22.9

27.9
28.9
30.6
26.8

25.3
24.8
26.0
25.3

23.1
22.7
23.4
22.5

May
June
July
August.

24.1
26. 4
27.9
30.0

28.3
30.6
34.7
38.2

23.5
27.0
27.3
30.2

22.2
29.5
32.1
33.9

26.9
26.7
28.1
30.3

September
October
November..
December

29.5
26.4
27.9
27.7

35.1
34.3
34.8
37.0

29.6
30.8
33.4
34.4

31.0
28.2
29.5
30.7

30.0
27.9
30.2
29.0

1923.
January
February
March
April

i

24.2
23.9
22.0
20.0
23.4
29.0
28.1
23.4
23.6
22.9
24.7

24.2
26.2
28.6
24.3
24.8
27.0
30.2
32.5
29.2
26.5
25.8
25.3

40.2

35.6

37.8

27.9

31.6

22.7

30.6

27.3

35.9

27.2

38.3

31.6

36.5

33.6

35.8

27.3

34.5

28.8

36.3

31.5

39.2

38.1

40.9

35.7

42.2

39.9

42.3

40.0

39.7

34.1

38.1

36.0

41.9

38.9

21.8
21.9
23.4
25.3

44.8
43. 1
42.7

35.0
40.6

42.8

37.4

27.2
21.9
22.9
23.7

43.6
45.5

41.5
44.5
41.1

49.3

45.8

29.5
31.1
32.2

45.4

40.2

37.9
42.1
42.9
43.9

33.6
35.7
39.4
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
36.0
34.5
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
40.3

41.0
37.2
36.0
41.5

45.1
43.0
40.4
42.6

41.5
38.9
37.2
41.9

37.8
44.1
44.4
45.0

45.7
41.6
40.0
41.7

44.7
43 5
43.2
42.8

45.2
44 8
44.2
43.5

42.3
45.2
41.5
46.2

32.9

41.9

36.1
37.6
39.2
40.5

41.8
37.5
38.0
43.2

32.1

34.7
38.1
38.5
39.4

39.2
40.5
35.0
43.3

27.6

36.2

39.3
36.2
33.5
31.7
34.9
37.1
44.1

36.9
38.4
36.6
38.0

33.8

34.1

40.6
38.1
37.4
35.5
38.1
38.0
43.6

36.2
34.9
32.0
30.9

34.9

38. 7

33.6

37.8
, 35.7
35.4
34.1
35.4
35.7
42.3

31.3
33.1
27.4
30.5

31.0
39.6

:

38.8
36.1
35.0
35.5
34.7
35.6
42.8

39.0
34.5
38.5
39.2

30.6

43.3

34.5
33.0
33. 7
30.9
, 34.7
33.9
; 41.1

34.2

1916 mo. av
1917 mo av
1918 mo. av
1919 mo. av
1920 mo av
1921 mo. av
1922 mo. av

46.8
45.9
45.7
52.2

44.4
44.9
45.0
48.0

43.2
45.5
42 4
47.1

43.9
45.6
49 4
52.5

41 4
40 0
40.1

May

June

l

I

July .




i

i
Sec footnotes on opposite page also.
3

California, Oregon, and Washington.
3 Arizona, New Mexico, Colorado, Utah,Nevada, Idaho, and Wyoming.

4
Montana, North and South Dakota, Minnesota, and Wisconsin.
&
Kansas, Nebraska, Iowa, Missouri, Illinois, Indiana, Kentucky, and Ohio.
6
Texas, Oklahoma, Arkansas, Louisiana, Mississippi, Alabama, Tennessee, Georgia,
7

States east of and including Pennsylvania, West Virginia, and Virginia.

Florida, North and South Carolina.

174

FOREIGN EXCHANGE.
Table 128.—INDEX NUMBERS.
Based on data from Government sources.1
[Base year in bold-faced type; numerical data on opposite page.]
EUROPE.
YEAR AND MONTH.

England.

France. Italy.

ASIA.

BelGer- Nether- Swegium. many. lands. den.

THE AMERICAS.

Switz3
erland. Japan. India.

Can- Argen- Brazil.
ada. ! tina.

Chile.

INDEX
NUMBERS

Relative to par.
Par value
1914 average..
1915 average.
1916 average.
1917 average.
1918 average
1919 average
1920 average
1921 average
1922 average

1920.
September
October
November.
December
j
1921.
I January
I February
March
April
May....
June
July....
August.
September.
October....
November.
December..
1922.
January
February
March
April
May....
June
July....
August..
September.
October....
November..
December..
1923.
January
February
March
April

100

100

100

100

100

100

1OO

100

100

100

106

103

98

94

87

97

100
98
99

98

88

80

99

102

100

90

71

109

103

103

77

119

107

104

78

96

103

82

89

94

69

<100

73

98

100
101

92

100
101

ioo !

72

91

71

59

66

13

97

95

98

103

75

36

26

38

7

86

76

88

101

79

39

22

38

5

84

84

90

97

54

90

76

40

42

25

40

96

59

99

85

40

72

35

22

37

78

75

84

103

71

34

20

36

77

74

82

103

63

84

54

71

31

19

33

75

71

80

102

61

80

51

72

72

31

18

32

77

73

80

101

55

82

47

73

77

33

18

35

82

80

37

19

39

85

80

36

20

38

81

38

24

82

43

27

78

42

26

42

83

84

88

75

40

23

40

5

79

79

86

96

47

75

40

22

39

5

77

79

87

97

50

83

86

88
65
62
<»

63

56

90
91

115
94
62
63

61
58

60

81

59

82

47

73

83

85

57

83

48

74

62

85

89

97

53

81

47

76

62

39

90

97

54

89

77

43

43

93

54

90

74

42

61

63

56

63

53

62

36

90

36
32

72

50

52

77

38

22

37

4

79

81

89

97

54

90

72

38

55

79

38

21

37

3

83

85

94

96

56

91

76

39

60

61

82

37

21

36

2

87

87

97

96

55

92

76

39

56

61

40

23

39

2

91

91

101

56

93

78

39

55

64

2
2
2
1

91

93

101

95

57

95

39

52

65

94

97

101

95

58

96

86

41

53

69

101

95

57

97

86

42

58

70

101

95

57

84

42

58

72

100

95

59

85

42

61

72

59
59

85

42

65

71

85

42

66

70

100

85

41

70
70

87

42

23

40

90

45

25

43

90

47

26

44

91

48

28

44

91

47

27

44

91

46

26

42

91

43

24

40

92

41

23

39

1
1
1
0.4
0.3
0.14
0.06
0.06

91

40

22

37

91

38

22

36

92

36

23

33

95

37

26

34

35

25

31

0.03

32

25

28

0.02

97

33

25

23

35

26

30

0.02

94

97

96
96
96

97

97

99
97

59

100

84

39

99

95

59

100

84

35

70

67

100

96

61

100

85

37

63

67

101

98

37

64

70

100

97

99

97

0.02

76

94

60

97
97

98

97

99

88

36

66

68

65

99

87

35

61

67

97
95

65
97

65

98

87

34

65

67

33

63

67

64

May..
June.
July..
See footnotes on opposite page also.
1 Daily averages oi noon rates ror cable transfers reported to the Treasury daily by the New York Federal Reserve Bank.
inclusive, where given, are weekly averages of commercial quotations from the Annalist.
2 Parity established October, 1920. Prior to that, par value of the rupee was 32.44 cents.




Average figures for the years 1914 to 1918,

175
FOREIGN EXCHANGE.
Table 129.—NUMERICAL DATA.
From Government sources.1
[Base year in bold-faced type; index numbers on opposite page.j
ASIA.

EUROPE.
England.

France.

Italy.

Belgium.

Germany.

Switzer-i
Netherlands. Sweden. land. ! Japan.

THE AMERICAS.

India.*

Canada.

Rate per Rate per Rate per Rate per Rate per Rate per Rate per Rate per
Rate per Rate per
pound
lire.
mark.
guilder. krone.
franc.
franc.
yen.
sterling. franc.
| rupee.

Argentina.

Rate per

Brazil.

Chile.

YEAR AND MONTH.

Par value
1914 average..
1915 average..
1916 average..
1917 average..
1918 average..
1919 average..
1920 average..
1921 average..
1922 average..

1920.
September...
October
November...
December
1921.
January
February
March
April

$4.87
5.14
4.78
4.76
4.76
4.76
4.43
3.66
3.85
4.43

$0,193
.199
.182
.170
.174
.178
.137
.070
.075
.082

S0.193
.195
.169
.155
.137
.134
.114
.050
.043
.048

$0,193

$0,238

.128
.074
.074
.077

.030
.018
.012
.0023

$0,402

.391
.344
.337
.385

$0,268

.255
.205
.226
.262

$0,193
.194
.187
.191
.211

$0,499
.491
.495
.507
.513

$0,487

$1,000

Rate per Rate per
paper
milreis.
peso.
; $0,965 $0,324
.941
.964
.997

.229
.190
.169
.174
.190

.533
.512
.504
.483
.478

.403
.389
.263
.287

.956
.896
.985

.234
.236
.249

.999
.990
.907
.731
.818

.253
.267
.225
.131
.129

$0,195 * !

.226
.184
.120
.122

3.51

.067

.043

.072

.017

.313

.202

.163

.514

.336

.904

.846

.183

.168

3.47

.065

.039

.069

.015

.309

.197

.159

.513

.306

.909

.814

.175

.156

3.44

.060

.036

.064

.013

.302

.191

.155

.508

.297

.893

.769

.166

.140

3.49

.059

.035

.062

.014

.310

.196

.154

.503

.269

.863

.787

.153

.142

3.74

.064

.035

.068

.016

.329

.214

.157

.487

3.88

.072

.036

.075

.016

.342

.223

.164

.487

3,91

.070

.038

.074

.016

.344

.228

.171

3 93

.072

.046

.074

.016

.348

.236

.174

May
June
July
August..

3.98

.084

.053

.084

.016

.356

.235

3.78

.081

.050

.080

.014

.333

3.63

.078

.045

.076

.013

3.65

.078

.043

.075

September...
October
November...
December

3.72

.073

.042

3.87

.073

.040

.876

.794

.151

.143

.277

.881

.804

.156

.144

.486

.260

.878

.782

.151

.148

.485

.263

.891

.739

.140

.130

.179

.485

.265

.897

.718

.137

.119

.226

.170

.480

.245

.888

.699

.116

.109

.318

.210

.165

.480

.231

.882

.658

.104

.104

.012

.310

.211

.168

.484

.242

.898

.666

.118

.102

.072

.010

.317

.218

.172

.482

.264

.899

.696

.124

.107

.071

.007

.335

.229

.182

.477

.274

.914

.731

.127

.117

3.97

.072

.041

.069

.004

.350

.232

.188

.479

.269

.126

.110

.078

.044

.075

.005

.363

.245

.194

.479

.274

.915
.928

.735

4.16

.748

.127

.108

4.22

.082

.044

.078

.005

.367

.249

.194

.476

.278

.948

.772

.126

.101

4.36

.087

.049

.083

.005

.376

.261

.195

.474

.281

.963

.826

.132

.104

4.38

.090

.051

.084

.004

.378

.267

.194

.473

.278

.969

.828

.137

.114

4.41

.092

.054

.085

.003

.379

.260

.194

.474

.278

.978

.807

.136

.113

May
June
July....
August..

4.45

.091

.053

.084

.387

.258

.192

.474

.288

.824

.137

.119

4.45

.088

.050

.082

.003

.387

.258

.190

.478

.819

.137

.126

4.45

.082

.046

.078

.002

.388

.259

.191

.478

.818

.136

.130

.045

.075

.001

.388

.263

.190

.477

.821

.134

.137

September
October
November
December

4.43

.077

.043

.072

.0007

.265

.188

4.44

.074

.042

.069

.0003

.390

.266

.184

4.48

.069

.045

.064

.0001

.393

.184

.484

4.61

.072

.050

.066

.0001

1922.
January
February
March
April

1923.
January
February
March
April

4.46

.290

.997

.481

.287

1.000

.811

.125

.137

.481

.288

1.001

.814

.113

.136

.295

1.000

.822

.119

.124

.306

.994

.856

.119

.124

.189

4.65

.067

.049

.061

.00007

.188

.487

.317

.991

.847

.114

.128

4.69

.061

.048

.054

.00004

.395

.266

.188

.484

.318

.987

.842

.114

.120

4.70

.063

.049

.055

.00005

.395

.266

.186

.485

.316

.981

.841

.111

.127

4.66

.070

.050

.058

.00004

.392

.182

.487

.314

.832

.106

.123

May.
June.
July.
See footnotes on opposite page also.
8
The foreign exchange index number recently computed by the Federal Reserve Board is based upon the average rates of exchange for 17 countries, Germany excluded,
and is here substituted for the weighted geometric average previously published. The index represents the "aggregative" average of cable transfer rates on these countries and is based on the total volume of imports and exports of merchandise, gold, and silver from and to each country for the preceding 12 months. The countries
used in computing the index are Belgium, Denmark, England, France, Italy, Netherlands, Norway, Spain, Sweden, Switzerland, Canada, Argentina, Brazil, Chile, China,
India, and Japan. The method of computation and the reasons for the change are explained in detail in the Federal Reserve Bulletin for October, 1922, page 1260.
4
Average value of the paper peso in 1913.




176

IMPORTS INTO THE UNITED STATES.
Table 130.—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.

YEAR AND MONTH.

Total.

GerFrance. many.

Italy.

United
Kingdom.

Total.

Canada.

FROM ASIA
FROM
AND OCEANIA. AFRICA

FROM SOUTH
AMERICA.

Total.

GRAND
TOTAL.

Argentina.

Total.

Japan.

Total.

1OO
100
116
193
271

1OO

1OO

1OO

107

83

100

109

146

99

184

261

133

256

308

165

330
378
467
207
277

305

360

169

414

473

218

419

633

294

254

170

140

358

249

174

Relative to 1913.
1913 monthly average..
1914 monthly average..
1915 monthly average..
1916 monthly average..
1917 monthly average..

100
91
63
73
64

100
75
56
78
71

1OO

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

37
87

0

142

43
89
119

48

88

102

44

115

103

64

81
24
3
0

6

1OO
100
93
109
66
44
107
136
113
115

1OO

1OO

1OO

106

113

115

95

131

125

112

169

167

103

224

291

56

250

318

114

297

348

189

427

431

88

194

236

131

211

256

1OO
116
163
216
302
308
347
384
149
181

1OO
220
370
455
697
893
779
812
234
335

1

1920.
September
October
November
December .

148

325
308

49

88
95
115

118

37

102

85

30

72

32

45

123

48

96

100

43

126
122

52

114

101
103

83

86

76

100

107

1931.
January
February.
March
April

63

101

94

.-

106

456

377

1,074

287

703

313

605
532

243

380

275

503

217

444

380
369
358
266

77

198

289

186

269

83

243

278

160

249

115

120

284

264

198

117

115

276

264

151

321

214

243

258

223

189

35
152

144

175

215
178

189

108

222

140

195

142

159

144

395

172

130

256

169

185

251

232

287

208

170

186

276

115

137

204

246

158

124

98

54

109

66

146

199

119

191
218

200

304

82

119

94

48

134

71

156

200

144

312

227

311

71

130

117
92

44

118

81

143

204

103

132

194

120

150

85

165

248

141

179

143

126

120
99

39
47

122
117

97
109

173
160

243
226

107
162
164

275
207

62

50

225
202

202
300

273
488

218
345

141
159

95

92

47

100

92

174

212

138

339

228

58

69

117

178

170

152

245
291

248

101

209

272

318

112

63

147

225

219

144

222

93

55

98

195

180

139

208

239
223

235
230

523

91

119
78

145
144
171

327

145

100

56

121

112

221

239

200

285

265

360

217

169

106

87
78

63

104

120
123

170
181

435
246

185

169

117

116

70

87

139

243

272

166

386
372

306
252

174

112

259
284

160

63

223
237

370

104

September
October
November
December

228

119

119

2

141

197

99

.

221

168

103

May
June...
July
August

214

65

93

... .

85

107

97
101

1922.
January
February
March
April

155

45

88

.

42

93

82

September
October
November
December

102

79

. ..

84
76

May
June
July
August .

329

465

194

188

|

113

70

95

141

164

237

167

394

244

326

95

200

151

85

157

201

249

395

235

395

397

569

203

185

131

.

96

162

106

67

147

149

218

293

239

400

300

418

394

195

135

102

70

195

137

206

312

237

450

308

402

461

196

144

123

90

186

148

222

251

548

361

376

896

221

1923.

January

258

February
March
April




See footnotes on opposite page.

177
IMPORTS INTO THE UNITED STATES.
Table 131.—NUMERICAL DATA.
From Government sources.1
[Base year in bold-faced type; index numbers on opposite page.]
FROM NORTH
AMERICA.

FROM EUROPE.

FROM SOUTH
AMERICA.

FROM ASIA
AND OCEANIA.

FROM
AFRICA
GRAND
TOTAL.

YEAR AND MONTH.

Total.

France.

Germany.

Italy.

United
Kingdom.

Total.

Argentina.

Total.

$11,844 $16,522 $2,131
19,127
13,669
4,690
26,857
14,800
7,890
35,634
19,771
9,691
49,902
34,473
14,855

$26,344
26,265
30,489
50,865
71,455

$8,245
8,808
9,026
15,174
21,139

$1,978
1,638
2,887
5,158

Canada. | Total.

Japan.

Total.

Thousands of dollars.

$11,578 $15,351 $4,610

$22,663 $ 3 2 , 4 8 5

$149,383

1913 monthly
1914 monthly
1915 monthly
1916 monthly
1917 monthly

average.
average.
average.
average.
average.

$72,056
65,293
45,529
52,776
45,929

8,685
6,493
9,074
8,220

12,449
3,746
485
13

4,601
4,297
5,020
3,040

23,949
21,525
25,457
23,340

36,783
42,455
54,870
72,665

1918 monthly
1919 monthly
1920 monthly
1921 monthly
1922 monthly

average.
average.
average.
average.
average..

26,510
62,544
102,320
63,745
82,604

4,959
10,318
13,805
11,824
11,901

26
884
7,403
6,690
9,798

2,028
4,922
6,280
5,191
5,317

12,385
25,766
42,821
19,900
29,745

81,218
96,481
138,555
62,904
68,551

37,641
41,225
50,989
27,953
30,333

50,911
57,294
63,417
24,635
29,933

19,032
16,597
17,315
4,994
7,138

86,837
99,696
123,058
54,447
72,918

25,162
34,154
34,548
20,939
29,524

7,126
9,349
12,524
3,365
4,933

252,601
325,364
439,873
209,096
259,377

91,041

34,277
33,613
26,824
19,335

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

4,391
3,148
5,064
4,140

208,797
214,530
251,969
254,579

149,106
148,216
199,303
246,039

1920.

September
October....
November
December

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

1921.
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

I 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

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

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

September.
October
November.
December..

63,408
66,769
70,254
72,733

13,565
10,677
13,930
11,484

6,785
7,625
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
51,869

24,189
29,416
28,767
26,709

17,133
17,712
26,717
27,106

2,818
51,170
2,995 1 47,241
1
4,803 ! 53,345
4,307 j 78,969

22,700
17,077
22,519
40,242

1,233
2,843
4,315
6,819

179,292
188,008
210,948
237,496

1922.
January
February
March
April

68,113
71,491
85,796
65,667

10,654
11,656
13,025
10,742

7,224
8,901
9,633
8,497

4,590
3,180
5,501
3,598

20,805
26,499
33,362
22,124

56,529
57,701
73,235
63,323

25,214
20,137
25,937
21,296

22,793
25,114
23,745
22,889

5,229
6,193
4,727
4,440

65,237
27,941
55,146 j 22,406
63,057
19,370
58,725
18,990

4,513
6,291
10,339
6,470

217,185
215,743
256,178
217,023

May
June
July....
August..

73,949
76,470
75,095
84,627

11,591
10,025
9,059
13,390

8,520
9,595
9,598
10,737

5,584
4,791
5,155
4,017

25,439
27,141
27,938
31,486

71,718
72,322
76,935
78,849

28,249
30,733
33,682
32,185

33,032
29,158
29,964
27,389

6,082
7,891
8,234
7,920

69,831
80,535
66,479
86,713

29,693
35,825
20,261
38,362

4,287
1,975
3,655
3,835

252,817
260,461
251,772
281,376

81,682
116,525
94,630
97,200

11,146
17,495
12,227
11,800

10,683
13,021
10,247
10,817

4,395
7,258
6,767
8,971

31,851
45,537
33,722
31,036

53,191
81,050
70,946
66,812

28,081
46,809
34,695
36,982

27,646
38,861
39,416
39,186

8,405
8,408
8,528
9,595

64,402
104,624
79,122
81,139

26,870
46,954
34,454
33,156

1,875
4,024
7,791
9,125

298,493
276,099
291,906
293,464

103,643

14,273

13,788

8,593

33,579

72,105

30,597

41,413

11,676

95,013

31,041

17,730

329,903

September s
October
November..
December..
1923.
January
February
March
April

4,688

1
Compiled by the U.S. Department of Commerce, Bureau of Foreign and Domestic Commerce, and represent imports of merchandise only. Up to J
> 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 27,1921.)
2 Figures for September, 1922, include only the first 21 days of September, during which the old tariff law was in force.

43622°




-12

178
EXPORTS FROM THE UNITED STATES.
Table 132.—INDEX NUMBERS.
Based on data from Government sources.1
[Base year in bold-faced type; numerical data on opposite page.]

YEAR AND MONTH.

Total.

GerFrance. many.

TO SOUTH
AMERICA.

TO NORTH
AMERICA.

TO EUROPE.

Italy.

United
Kingdom.

TO ASIA AND
OCEANIA.

TO
AFRICA
GRAND
TOTAL.

Total.

Canada.

Total.

tlna.

Total.

Japan.

Total.

1OO

1OO

1OO

85

67

88

85

116

73

128

143

Relative to 1913.
1913 monthly average..
1914 monthly average..
1915 monthly average..
1916 monthly average..
1917 monthly average..
1918 monthly
1919 monthly
1920 monthly
1921 monthly
1922 monthly

100
89

100
111

1OO

1OO

1OO

1OO

1OO

1OO

45

124

102

80

77

62

172

325

3

343

203

93

86

98

100
49
96

1

1OO

386

319

154

150

150

140

226

175

187

221

(•)

533

340

210

206

213

195

263

298

178

251

257

605

349

220

220

207

191

290

438

205

248

580

<•)
26

626

346

563

386

216

182

301

284

432

586

338

319

298

439

88

473

328

321

241

426

389

502

605

573

331

158

146

106

274

159

188

147

187

202

311

377

252

181

139

173

90

192

145

152

143

154

174

265

350

193

154

368

68

448

289

336

260

446

475

353

190

317

292

339

1920.
September
October
November

559
611

251

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

254
271

617

111

544

326

358

258

490

477

414

232

710

363

639

286

398

506

499

173
352

688

327
348

279

166

448

225

316

162

503

529

550

440

576

316

159

132

397

190

222

134

318

359

493

423

506

235

153

104

258

159

192

143

234

266

311

315

365

187

106

65

208

171

188

146

170

160

256

233

240

164

77

70

344

179

150

148

168

234

236

193

159

99

105

347

163
131

184

146

143

161

263

328

167

163

109

124

209

158

204

280

154

157

213

204

155
203

127

130

145
173

174

117

114

120

233

218

174

177

142

168

125

150

121

174

167

114

113

253

374

110

157

157

202

90

125

116

293

123

109
133

111

229

123
140

158

296
340

483
502

173

83
74

154
143
124

133

150
134

283
202

173

122
124

166
142
143

119

138

81

141

132

116

97

113

103

May
June
July
August

568

551

147

. .

535

184

141
142

.

206

323

165

1922.
January
February
March
April

339

282

140

October
November
December

254

487

159

July

412

199

191

May

120

296

260

1931.
January
February
March
April

460

311

75
122

86

108

119

316
252

148

152

106

168

147

147
142

115
141

135
136

100

105
132

147

125
149
172

129

150

184

311
242

135

157

89

144

142

132

149

176

149

179

182

151

166

276

127

151

143
147

171
160

197

127

96
69

151
153

124

144

90

199

112

171

168

154

144

105

590

202
166

537

134

361
438

180
218

270

164

154

249

308

271

149

314

198

162

161

270
250

308

178

145

154

218

204

197

146

135
121
159

Sfiptp/mbftr

132

172

74

193

144

168

165

169

196

224

241

209

151

October
November
December

165

236

99

296

170

178

174

164

194

296

416

178

179

173

249

93

272

182

173

167

183

184

286

412

228

184

149

195

84

244

163

170

157

181

215

269

389

157

166

152

182

89

236

170

156

146

175

201

241

257

186

162

128

108

83

163

145

149

132

171

213

271

339

204

148

132

160

85

196

129

181

160

188

199

335

454

186

165

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




See footnotes on opposite page.

179
EXPORTS FROM THE UNITED STATES.
Table 133.—NUMERICAL DATA.
From Government sources.1
[Base year in bold-faced type; index numbers on opposite page.

|

TO EUROPE.

YEAR AND MONTH.

Total.

GerFrance. many.

Italy.

United
Kingdom.

TO NORTH
AMERICA.
Total.

TO SOUTH
AMERICA.

Canada.; Total.

TO ASIA AND
OCEANIA.

TO
AFRICA

GRAND
TOTAL.

Argentina.

Total.

Japan.

Total.

j 84,582
j 2,201
I 4,403
| 6,400
| 8,925

817,319
14,700
20,099
39,211
45,567

85,208
3,479
3,811
9,096
15,528

$2,411
2,110
3,095
4,501
4,282

22,815
30,530
31,495
19,620
18,209

4,933
8,160
13,806
6,071
4,648

512,424
660,035
685,668
373,761
319,328

604,686

Thousands of dollars.
1913 monthly average.. 8124,964 812,827 8 2 9 , 3 2 8 I $6,556 849,228 850,098 833,599 813,210
1914 monthly average.. 111,603
14,175
49,081 ;
40,132 | 25.8S5 : 7,584
13,191 j 8,161
1915 monthly average.. 214;451
41,733
99,870 i
46,567 i 28,754 : 12,011
981 j 22,477
1916 monthly average.. 317,773
71,735
77,046 j 50,409 j. 18,350
25,294 I 157,282
188
1917 monthly average.. 338,538
78,399
105,081 | 69.077 , 25,991
34,920 107,450
Is)
1918 monthly
1919 monthly
1920 monthly
1921 monthly
1922 monthly

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

1920.
September
October
November
December
1921.
January
February
March
April
May
June
July
August..
September.
October
November..
December..
1922.
January
February
March
April
May
June....
July....
August.
September.
October
November.
December..
1923.
January
,
February
March
April

8207,002
176,135
296,223
456,887
519,459

26,343

41,015
36,890
30,980
17,955
12,575

171,774
189,880
161,319
78,510
71,323

110,457
107,983
160,764
94,132
76,312

73,906
01,1X7
80,988
49,473
48,057

25,226
36,812
51,993
22,777
18.839

8,759
12,992
17,811
9,236
7,962

50,250
74,775
86,932
53,782
45,918

142,479
160,440
125,001
138,854

168,127

87,264

21, 782
21, 858

9,904

7,632

86,738

54, 471
59, 828

61,180

179,333

71,624

12,067

17,116

751,211

169,741

69,339

65, 285

68,893

9,023

15,411

676,528

161,591

61,700

67, 251

26, 045
23, 207 !

86,508

18,333

16,592

720,287

158,528

54,373

61, 430

22,846

13,893

654,271

45,179

38, 804

24, 228
16, 441

95,201

111,381

85,362

22,029

12,091

486,454

96,083

48,108

28,621

12,166

53,915

10,410

8,806

386,680

94,309

48,988

20,718

7,345

44,422

12,148

5,776

340,404

321,558

77,600

432,306

74,447

7,730

372,174

56,349

25,953

196,992

18,745

31,027

173,617

22,247

313,277

47,205

19,797

29,375

423,310

79,085

| 32,449

35,689

357,198

59,010

35,061

26,997

388,344

38,010

I 58,439

31,945

325,219

35,825

48,812

29,357

238,816

20,432

38,837

26,004

199,256

19,597

30,503

16,908

110,794
93,450
78,155

175,239

13,582

19,133

13,634

| 84,247

176,799

9,863

20,485

22,537

80,287

89,647

50,483

18,036

7,090

40,586

12,297

4,642

329,710

177,814

12,708

30,796

22,743

64,439

92,071

49,100

17,496

7,388

45,483

17,057

4,034

336,899

183,195

13,946

36,324

13,674

71,315

87,357

51,996

15,548

7,257

35,374

14,588

3,708

325,181

206,228

15,050

38,284

13,944

85,257

102,141

08.362

13,919

5,486

40,402

16,548

4,198

306,888

177,246

21,579

36,774

9,857

59,475

87,138

19,499

2,662

324,863

25,849

26,206

18,554

84,951

77,128

44,750

i 15,308

5,179
5,318

43,897

196,054

50,677

25,159

4,163

343,331

153,071

19,259

24,326

13,249

60,640

71,57<J

41,194

j 13.320

5,100

51,256

26,126

4,865

294,092

154,961

17,231

21,741

15,001

69,105

62,210

35,111

i I 10,205

7,237

58,807

30,718

4,010

296,198

149,042
128,938
180,182
183,143

17,753
16,054
19,080
22,076

23,669
22,053
35,658
31,048

9,266
5,637

64,933
53', 390

57,995

32,606

13,853

59,717

35,301

6,558
11,028

72,788

73,512

44,493

72,291

71,124

43,402

14,0*8
17, \\fii
18,300

278,848
250,620
329,9S0
318,470

74,480

71,050

44,288

IS,158

75,246

75,K96

47,944

62,346

75,616

49, 514

55,264

85,573

56,492

20,929
19,530
18,800

54,726

27,985

3,232

43,534

18,788

4,344

53,799

22,785

5,258

41,874

14,041

3,9(51

8,064

43,074

16,030

6,534

307,569

9,023

46,811

16,363

4,780

335,117

7,378

43,251

16,024

4,282

301,157

7,053

37,795

10,646

4,751

301,775

6,187
6,246
6,987
8,411

168,754

20,117

| 26,105

186,701

22,945

28,191

158,634

21,243

20,315

154,886

18,466

26,317

9,473
11,933
18,111
13,042

164,595
206,019

22,025

21,716

12,674

70,853

83,985

55,363

20,621

8,991

38,841

12,556

5,049

313,197

30,215

28,981

19,384

83,928

89,124

58,460

20,079

8,900

51,197

21,690

4,301

370, 719

215,802

31,928

27,385

17,800

89, 731

86,858

[ 55,989

22,304

8,430

49,598

21,455

5,490

380,000

186,727

25,062

24,742

15,989

80,412

85,262

j 52,833

22,128

9,871

46,517

20,237

3,792

344,324

189,659

23,286

26,086

15,489

83, (>03

78,368

48,90S

21,324

9,210

41,709

13,366

4,479

335,539

159,647

13,791

24,442

10,705

71,597

74,742

44,497

20,937

9,780

47,012

17,662

4,930

307,269

164,798

20,475

25,031

12,851

63,630

90,849

53,644

22,943

9,105

58,080

23,642

4,493

341,162

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 boDdecf warehouses, which are expressed in their import value.
»Total for year 1917 is $3,275. No figures for 1918.




180
GOLD AND SILVER.
Table 134.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA.
From Government and non-Government sources,1
[ Base year in bold-faced type.]
SILVEB

GOLD.

DomesPrice Price
in
in
ImEx- tic re- Rand I m Ex- Proceipts out- ports. ports. due— New Lonports. ports.
put.
tion. York. don.
at

Domestic
Band
ports. receipts output.
at mint.
Ex-

Im-

ports.

mint.

YEAR AND
MONTH.

SILVER

GOLD.

Thousands of
dollars.

Fine
ounces.

1OO

1OO

1OO

1OO

1OO

1OO

1OO

1OO

243

105

95

72

82

108

92

92

34

107

103

96

85

112

83

86

170

90

105

90

112

111

110

114

405

76

103

149

134

107

136

148

45

58

96

199

403

102

162

172

401

48

95

249

381

85

186

207

351

42

93

246

181

85

169

223

26

54

92

176

82

80

105

134

40

58

80

197

100

83

113

125

36

45

128

88

110

145

45

89
76

162

14

163

102

98

99

126

9

48

92

130

56

109

94

118

5

48

93

110

44

80

99

124

1,096

14

45

94

233

45

77

100

124

826

10

43

93

121

27

72

98

127

. 1,210
1,599

49

60

94

151

98

70

101

136

9

63

97

263

72

72

103

138

September. 1,245
October...
887
November.
966
December.
596

31

38

95

76

111

145

87

94
97

150

99

251

85

119

150

1921.
634
January...
February..
803
1,644
March
1,538
April
May
June
July . . .
August

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

8

67

96

198

91
92

68

114

141

28

61

93

185

137

70

110

129

500

11

51

76

127

45

160

136

109

123

631

13

48

31

233

82

108

121

231

21

48

70

161

98

71
70
75
74

110

23

46
11

217

541

111

124

169

44

55

86

184

131

21

52

92

212

109
115

119

244

119

130

117

129

116

127

810

8

62

101

233

120

360

12

70

103

165

74

76
86
78
100

461

18

102

213

106

114

125

345

45

109

116

498

35

132
196
263

96
93
87
91

128

230

71
62
126
132

116

393

60
81
71
56

107

114

618

111
18
136

47
49
44

104
96

195
127
155

132
42
90

93
85
110

110
108
113
112

116

158

300

ports.

ports.

Produe—
tion.

Price
In
New
York.

Price
in
London.

104
108

Ounces.

Thousands of
dollars.

Thou- Dollars Pence peri
sands of per standard
fine
fine
ounce,
ounces. ounce. 0.925 fine.i

B.—NUMERICAL ]DATA.

A - I N D E X NUMBERS.

1918 mo.av.
97
1919 mo.av.
120
1920 mo.av.
673
1921 mo.av. 1,085
1922 mo. av. 432

Ex-

i

Relative to 1913.

1913 mo.av. 1 0 0
1914 mo.av.
90
1915 mo.av.
709
1916 rnaav. 1,077
1917 mo.av.
867

Im-

112
117
117

$5,309 $7,650 148,050 7 3 2 , 7 7 9 $2,989 $5,231 5,567 $0,598 2 7 . 5 7 3
4,300 6,038
4,782
698,275
2,163
.548
25.313
18,551 155,083
157,830
2,874
4,467
23.675
757,823
2,619
6,247
.497
37,663
772,128
2,689
.657
31.315
5,883 6,201
57,166
12,999 133,597
751,855
.814
112,495
4,445
7,011
5,978
40.851
46,038 30,990
5,170
6,378
35,729
57,604
22,931

3,422
30,682
26,841
1,991
3,073

86,472
71,093
62,377
80,183
86,314

701,722
694,174
679,801
676,216
585,577

5,948
7,451
7,338
5,270
5,iX)l

21,071
19,918
9,468
4,298
5,234

5,651
4,723
4,714
4,477
4,623

.968
1.111
1.009
.627
.675

47.516
57.059
61. 590
36.841
34.338

33,634
42,627
87,272
80,662

2,725
1,036

66,664
66,322
70,775
71,303

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

58,171
43,576
64,247
84,902

1,063

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

4,488
7,510
5,912
5,516

4,947
4,782
4,804
7,145

4,212
4,724
3,790
3,897

.662
.682
.658

40.082
41.442
38.750
35.645

75,919
66,608
70,629
71,768

335,000
77,000
227,728
511,338

6,496
4,786
6,953
4,800

3,977
7,092
4,302
5,109

3,938
3,878
4,186
4,139

.655
.653
.644
.666

35.035
33.891
33.269
34.080

629 786
675,697
738,635
752,490

5,512
6,346
6,957
4,944

5 677
6,004
6,269
3,861

4 258
4,760
4,341
5,562

.712
.711
.702
.694

36.023
35.900
35.644
34.957
35.305
34.498
32.066
31.383

66,085
47,107
51,299
31,666
26,571
28,739
33,488
12,244

710
384

774

3,735
672

2,449
7,576
607

2,162

863

1,732
963

1,579

.710

8,994
12,977
42,987
19,092

3 407
1 601
956

81 839
76,880
92,399
103,262

24, 464
20,866
18,308
26,440

1,399
17, 592
3,431
2,710

89,561
119,294
104, 708
82,901

747,089
778,159
764, 476
790, 712

6,370
3,940
5,855
7,848

3,735
3,269
6,599
6,913

5,325
5,161
4,870
5,052

.695

32,820
8,383
15,951

8,472
1,399
10,392

69,425
72,284
64,494
65 043

764,000
704,000

5,825
3,792
4,626

6,921
2,191
4,732

5,190
4,729
6,110

.657

644

680
.652
.638

.643
.676
.669

31.928
30.875
32.310
32 346

May .
June

Geological Survey.




Commerce; Domestic receipts of unrefined gold
L Rand gold output from the Engineering and Mining Journal;
d
— which are from U. 8. Department of Interior,

181
CANADIAN INDUSTRY.
Table 135.—(A) INDEX NUMBERS AND (B) NUMERICAL DATA.
Data from Government and non-Government sources.1
[Base year in bold-faced type.]
jj
NEWSPRINT PAPER.

RAILROAD
OPERATIONS.2

Net
operating
revenue.

Contracts |
award-;
ed. |

13
Y E A R AND M O N T H .

R i m n

,5JrQ
INGS. j|

a
3

Production.

Relative to 1913.

Relative to 1919.

Shipments.

1918 monthly
1919 monthly
1920 monthly
1921 monthly

av.
av.
av.
av.

100
63
22
26
22

1OO
96
77
122
135

100
86
70
111
118

91

26
49
67
63
81

135
117
136
114

75
43
17
48

114
104
111
92

91
100
109
101
135

92
100
108
99
134

106
100
85
135
84

100
108
114
114

1921.
January
February
March
April

106
95
98
103

99
91
94
98

120
136
148
172

104
96
137
86

28
55
32

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

73
81
103
107

74
83
98
111

166
135
154
126

SO
77
104
118

84
83
55
113

84
81
89
99

September..
October
November..
December..

103
112
111
117

100
116
108
117

135
106
115
110

111
119
121
132

61
59
52

138
178
153
133

1922.
January
February
March
April

121
116
128
124

123
118
129
122

93
76
63
69

123
128
172
111

26
33
42
92

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

140
138
134
146

140
138
126
144

66
55
91
94

137
157
139
152

September..
October
November..
December..

140
145
144
138

136
143
142
147

112
112
118
61

1923.
January
February
March
,
April

148
137
158

140
134
154

92
85
100

1922 monthly a v . ,

Exports.

Contracts
awarded.

Freight
carried
1 mile.

Net
operating
revenue.

Thousands
of tons.

Dollars.

$6,224,251
5,342,357
4,342,064
6,915,408
7,323,404

B.—NUMERICAL

22
44
55
70
82

av.
av.
av.
av.
av.

RAILROAD
OPERATIONS.*

Thousands
of dollars.

Stocks.

Short tons.

A.—INDEX NUMBERS.
1913 monthly
1914 monthly
1915 monthly
191G monthly
1917 monthly

BUILDINGS.

NEWSPRINT PAPER.

DATA.

12,233
24,382
30,384
38,601
45,026
61,527
67,284

$32,013
20,163
6,993
8,276
7,070

1,919,413
l,83S,608
1,471,776
2,349,614
2,598,892

73,601
67,738
90,546

62,386
67,922
73,250
67,342
91,013

13,352
12,597
10,687
17,045
10,600

50,425
55,203
59,469
62,969
63,077

8,320
15,836
21,301
20,011
25,987

2,585,756
2,245, S83
2,605,416
2,199,492
2,437,023

4,088, 726
2,650, 772
419,703
3,034,176
3,953,921

71,518
63,607
65,619
69,221

67,360
61,575
64,185
66,260

15,118
17,110
18,663
21,632

57,342
52,836
75,774
47,464

8,948
17,641
10,257
21,622

2,195,008
2,002,311
2,122,115
1,759,032

3 2,072,166
a 1,431,832
1,367,768

24

49,308
54,715
68,977
72,295

49,980
56,412
66,869
75,435

20,920
17,007
19,367
15,919

44,178
42,380
57,318
65,322

26,860
26,437
17,741
36,307

1,603,459
1,549,754
1,701,480
1,900,867

1,476,234
1,883,S49
2, 219,649
5,194,575

101
160
103
53

68,983
75,481
74,537
78,599

68,164
79,056
73,380
79,433

17,030
13,399
14,482
13,896

61,207
65,708
67,055
72,660

19,566
18,997
16,640
19,119

2,643,289
3,423,734
2,939,166
2,553,683

6,287,477
9,969,263
6,393,845
3,862,28S

99
105
127
90

57
21

81,418
78,294
85,973
83,731

83,555
80.. 476
87,572
82,924

11,727
9,535
?;919
' 8,726

67,701
70,729
95,196
61,453

8,393
10, 718
13,466
29,428

1,901,153
2,011,226
2,436,149
1,728,754

3 861,527
8 140,316
3,568,803
1,315,876

109
111
83
79

102
91

63
40

94,502
92,588
90,282
98,141

94,812
93,901
85,447
97,764

8,375
6,893
11,513
11,813

75,783
80,480
77,004
84,024

34,827
35,620
26,694
25,188

1,954,699
1,743,831
1,787,837
1,902,073

3,936,176
2,464,101

144
148
171
155

92
76
67
164

157
226
218
116

117
189
149
34

94,444
97,467
97,148
92,563

92,210
97,362
96,232
99,902

11,083
14,085
14,913
7,623

79,558
81,552
91, 532
85,506

29,314
24,270
21,454
52,472

3,017,717
4,332,260
4,193,S()2
2,234,769

7, 273,576
11,711,2X1
9,2S3,522
2,140,033

150
153
206

31
42

135
107

99,797
91,935
106,361

95,010
91,087
104,496

11,614
10,689
12,639

82,789
84,395
113,450

9,841
13,312

2,587,896
2,051,212

851,980
U, 821,424

96

22
20

1,259,159

19,955
30,844

May..
June.
1
Production, shipments, and mill stocks of newsprint, comprising practically total production of Canada, furnished by the News Print Service Bureau; exports of newsprint paper and railroad operations compiled by Canadian Department of Trade and Commerce: building contracts from McLean Jiuilding Reports (Ltd.).
2 Annual figures cover all railroads in Canada; monthly reports cover all railroads with annual operating revenues of $500,000 or over, which include 98 per cent of the
total revenues of all roads.
3 Deficit.




182

CANADIAN FINANCE AND TRADE.
Table 136.—INDEX NUMBERS.
From Government and non-Government sources.1
[ Base year in bold-faced type; numerical data on opposite page.]
BUSINESS
FAILURES.

YEAR AND MONTH.

BANK
CLEARINGS.

BOND

E M P L O Y M E N T SERVICE O F
CANADA.

ISSUES.

Government
Corpo- Appliiabil
F i r m s . Lities. - ; and M u n i c - ration cations.
provin- ipal. b o n d s .
cial.
Relative to 1913.

1913 monthly average..
1914 monthly average..
1915 monthly average..
1916 monthly average..
1917 monthly average..

100
85
82
111

1OO
159

1OO
194

405

97

95

393

132

61

82

1,271

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

144

45

75

1,312

174

34

61

1,457

210

54

133

220

181

131

304

303

168

178

344

613

186

128

392

413

161

110

204

167

105

305

183

91

177

1OO
73
57
43
25

161

144

1921.
January
February
March
April

51
27
46
73
75

September
October
November
December

Regular.

Casual.2

(value).
Imports.

1OO
59 i

1OO

31 !

68

57

76

44

126

92

10

144

83

137

109

1OO
107
110

62
83

59

87

66

54

290

33

81
170

80
78
87

108

98

85

100

16

102

86

75

117

122

96

81

71

152

104

81

188

103
112

197

49
63

170

132

531
90

36

41

157

229

127

189

421
336
341
321
251

208

113

150

226

98

42

292

81

78

146

86

129

153

74

214

107

67

137

134

26

110

69

8

89

58

2

59
97

193
190

45

204

124

140

52

43

249

72

233

117

50

81

390

88

166

103

9.">

126

164

261
211
221

33

113

1OO

93

129

185
120

130

189

1OO

290

97

159

60

184

1OO

1OO
151
122

87

Canned C h e e s e . W h e a t .
salmon.

1OO
121
125
206
313

1OO
77
81

1OO

237

l

Ex-

ports.

Relative to 1913.

100

161

May
June
July

Vacancies.

E X P O R T S OF KEY
COMMODIT IES
(quantities )•

TOTAL

Relative to 1920.

1OO

185

Placements.

FOREIGN TRADE. 3

129

44

40
102

72

180

191
110

188

44
47

131

255
297

184

95
201

188

167

116

198

472

118

167

151

324 |

777

246

122

126

132

114

221

107

190

317

164

85

192

180

299

309

47

122

102

86

72

235

106

259

610

134

252

68

208

146

409

216

73

156

91

57

44

185

115

279

289

124

349

200

187

349

70

44

126

93

51

38

198

107

277

104

65

412

168
143

224
203

495
441

483

23
110

65
107

102
90

57
56

138
137

92
97

150
150

110
72

12
36

167

139

320

51

29

158

101

76

39
35
54

142

194

106

27

150

126

340

2,668

186

105

95

91

71

139
112

73
07
72

86

104

56

8

21

May
June

186

175

423

123

272

110

104

85

140

62

24

170

238

110
204

170

103
94

113

163

277

4

60

50

110

229
237

135

145

109
120

68
101

140

138

98
97

55

158

88
102

233

J U ly
August

45
4i

118
110

224

163

HI
10

75

133

138

45

7

94

124

1922.
January
Ffibmarv
March
April

September
October
November
December
1923.
January
February .
March
April

:

!

88

77

159

91
182

79
162

130

149

120

126

108

232

445

149

110

!

156

141

141

152

120

330

330

153

449

156
186

156

259

127

166

357

452

202

204

333

8

19

62

;

102

73

67

104

136

420

100

129

660

194

207

399

3,246

130

168

1

79

61

46

106

126

357

170

68

485

167

217

436

191

1 165

219

111

83

51

218

122

209

127

24

116

133

215

397

None.

266

423

S9

77

39

235

117

187

168

3

85

149

186

370

161

113

90

164

250

129

4

79

47

52

237

i

'

Mav

July




I
See footnotes on opposite page.

183
CANADIAN FINANCE AND TRADE.
Table 137.—NUMEBICAL DATA.
From Government and non-Government sources.1
[Base year in bold-faced type; index numbers on opposite page.]
BUSINESS
FAILURES.
BANK
CLEARINGS.

Firms.

YEAR AND MONTH.

Millions
ofdollars.

1913 monthly a v . . .

$775
659
637
859
1,021

1914 monthly a v . . .
1915 monthly a v . . .
1916 monthly a v . . .
1917 monthly a v . . .

j September..

14,584
15,483
12,179
13,014

59,805
59,518
64,271
60,050

59,590
81,256
87,640
87,186

23,000
22,571
30,655
36,452

11,825
.10,624
16,319
21,779

9,118

51,476
54,294
79,337
47,861

47,098
47,004
60,847
32,652

1,935

1,520

1,266

4,708

5,602

1,861 |

3,533

6,042

6,475

42,233
37,345
42,144
39,432

1,080

1,740

16,765
5,454
6,315
3,095

45,892
40,816
40,486
65,857

41,690
35,382
36,606
73,179

25,785
23,439
23,970
49,271

9,253
6,801
6,176
7,275

66,121
61,669
60,757
67,355

70,459
73,107
71,821
74,486

1,089
1,192
1,767
1,325

3,156 14,207
7,093 11,760
17,470 9,487
17,179 11,587

450
7,650
3,800
10,383

54,007
64,699
42,494
32,877

59,763
56,797
29,337
24,456

36,615
43,010
20,586
13,971

8,296
10,003
6,859
6,973

60,318
66,875
76,194
70,205

72,934
103,905
131,826
112,038

7,825

19,230
19,758 37,593
16,636 55,316
8,816 40,669

15,904 13,536
25,665 | 26,095
10,935 J 5,550
4,493
3,225

46,131
36,866

33,388
30,939

15,539
12,013

14,385
15,497

65,308
91,870

65,635
58,646
78,565

4,492
4,151
5,671
4,840

1,165

340
309
212
192

6,873
6,121
4,445
4,724

1,442
1,267
1,223
1,127

266
362
210
248

5,877
1,529
2,832
3,849

6,234

175

11,878
4,387
3,990
5,784

1,206

237
253
310
315

3,590
4,960
4,619
5,534

5,600
20,000 I

4,370
9,078

375

1,814
12,579

330
327
283

5,507

November

1,614

December

1,549

1922.

34,777
21,971
13,488
11,647

229
273
222
284

1,491

1,757 12,942 8,378
5,092 12,076 10,540
2,888 11,442 5,993
4,095 16,081 13,145
4,026 16,492 15,804

53,195
34,602
23,031
20,330

None.

1,291

October

Thousands of
bushels.

60,734
59,692
56,440
62,363

1,000

6,092

1,245

*'

68,502
57,644
62,406
65,147

4,700

1,319
1

$55,934 $31,422
37,953
51,600
39,287
37,996
64,858
42,350
98,268
70,538

Thousands of
pounds.

Whea

7,732
9,985
12,384
11,007

21,980
9,002
23,500
4,000

1,426

dollars.

'

22,849
21,736
24,604
57,249

3,459
5,415
3,544
4,119

1,466

Thousands of

Cneese

6,561

145
171
201
199

1,418

(quantities).

Canned
Regular. Casual Imports. Exports salmon:

81,934
66,315
69,468
44,076

5,671

1,294

E X P O R T S OF K E Y
COMMODITIES

72,252
71,971
92,601
65,311

3,203

1,440
1,249

(value).

132,181
105,730
107,222
100,869
78,831

10,500

304

TOTAL

80,294
76,643
88,711
103,347
66,886

4,917
2,583
4,466
7,052
7,290

12,840

1922 monthly a v . .

August

58,000
64,429
9,749
13,395
27,125

5,441
2,831
4,232
2,455

400

Vacancies.

Number.

194
167
159
139

627

1921 monthly av . .

&r

Thousands of dollars*

199
271

1920 monthly av . .

52

F O R E I G N TRADED

Placements.

v

152 $1,388 $4,422 89,647 $6,171
7,032
3,644
2,562
7,118
241
5,542
1,888
2,698
17,901
219
4,158
1,312
17,385
3,540
148
1,138
56,198
2,365
2,708

115
351

May..
June.
July..

Govern-!
nient Munic- Corporation
and
provin- ipal. bonds.
j cial.

1,035
843
1,845
4,221
4,771

1918 monthly a v . . .
1919 monthly a v . . .

1921.
January
February
March
April

Liabilities.

Number.

E M P L O Y M E N T SERVICE OF
CANADA.

BOND ISSUES.

18,250

5,754

None.

9,661

628

5,121
3,846
5,121
6,729

41,533
44,240
45,690

40,165
35,002
39,157

30,502

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

42,560
40,037
43,123
76,427

34,396
32,517
38,175
80,762

52,340
42,509
37,740
38,596

3,465

2,500

6,544

None.

34,350
13,668
9,558
3,097

23,754
4,563
6,997
4,219

7,500

21,370

2,182
10,645
2,842
17,925 i

4,000

7,500
9,650
7,750

23,376
24,766

6,588
9,926
8,027

5,299
5,156
5,727

3,648
3,976
5,127
2,563
2,683

14,573
12,684
10,533
11,135
9,546

12,533
j 3,484

11,446
9,181
7,486
4,983

1,873

8,715

2,351

3,348

1,214

1,028

1,012

216

775

5,178

3,363

15,561

1,931

24,370

8,301

15,258

5,571

8,112
6,003
3,649
3,972

21,182

10,710

10,776
17,923

17,346

5,079
1,821

7,145
21,131
16,008 29,254
8,371 34,492

j

January

February.
March
April
May
June
July
August..

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

j

1,304
1,110
1,298

1,440
1,563
1,500

1,295
1,028
1,152

6,056
5,134

None.
2,250
118,000

450
7,500

143,550

8,450
None.
7,125
10,500

6,633
9,730

9,002
9,182
7,391

5,806
1,758
2,986

2,239
2,959
2,271

3,142
428
562

6,103

9,740
7,129
6,614

May..
June.
July..
1
Data on operations of Canadian employment service prorated from weekly reports of Dominion Department of Labor, Employment Service of Canada; foreign trade
from Department of Trade and Commerce, Dominion Bureau of Statistics; issues of Canadian bonds compiled by The Financial Post; bank clearings and business failures
from BradstreeVs.

« Placements are termed casual when employment lasts 1 week or less.
a Yearly figures represent the monthly averages for the Canadian fiscal year which ends Mar. 31 of the succeeding year




184
COAL PRODUCTION IN FOREIGN COUNTRIES.
Table 138.—INDEX NUMBERS.
From Government sources.1
[Base year in bold-faced type; niunerical data on opposite page.].
COAL.

YEAR AND MONTH.

United
Kingdom.

Germany.1

France.1

Belgium.

LIGNITE.

Union oi
CzechoNetherSouth
slovakia. Poland. lands. Japan. Canada. Africa.

Germany.

Czechoslovakia.

100

100

Relative to 1913.
1913 monthly
1914 monthly
1915 monthly
1916 monthly
1917 monthly

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

100

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

100

92

100

100

100

100

100
105
96

100
91

107
124

96
94

100
96
94
114
118

132
147
137
109
115

100
91

112
117

67
79
230

181
181
210
210
244

78
74

130
131
111

115
108
128
141
157

81
78
85
74

68
63
70
65

229
235
229
235

125
130
134
147

90

98

131
136
137
141

139
144
135
139

85
87
90

84
87
85

70
76
82

221
179
188
186

118
104
122
114

85
78
74
62

134
122
131
135

138
136
143

95
91
97
91

97

78
83
79
85

56
83
82
82

182
216
212
199

109
104
102
92

70
74
78
91

135
132
131
141

129
138
139
146

99
100
95
103

80
72
81
77

82
84
89

223
238
233
239

101
108
112
123

83
83
78
83

135
123
125
124

143
145
144
152

92
84
97

98
92
103
91

49
90
68

91
86
107
84

'238
212
247
224

107
112
125
123

72
86
47

75
103
101

151
139
169
146

90
51
105
95

72
62
65
77

91
94
<365
«389

246
230
248
252

119
118
110
109

52
63
60
50

124
122
124
119

157
144
157
167

92
81
83
88

95
95

61
56
75
71

<374
4
385
< 354
343

255
269
260
250

103
118
113
116

92
99
101
101

116
116
117
112

163
166
164
164

76
76
58

105
84

77
74

280

135

123

125

85
77
84

67
48
52
71

73
62
74
65

79
80
80
57
87

84
161

64
154
185
*94
106

61
81
98
95
93

74
78
82

8 98
41
67
»98

73
75
75
75

94
96
93
97

100
103
86
108

January...
February..
March
April

77
73
69
24

76
76
72
75

95
84
87

107
93
95
90

May....
J une
July....
August.

24
24
64

55
65
68
74

96
95

886
71
75
8 94

73
76
74
75

100
98
97
107

74
83
8 103
75

77
72
85
71

104
100
112
96

«80
»85
78

77
57
61
64

101
100
103
108

3 107
89
112
8 85

64

109
113
110
112

90

123

1920.
September..
October
November..
December..

1

72

100
103
121
138
161

96
101
108
110

74
92
81

1921.

September..
October
November..
December..

84

93

1922.
January..
February.
March
April
May....
June
July....
August.
September.
October
t

November..
December..
1923.
January..
February.
March
April




93
115

61

See footnotes on opposite page.

77

185
COAL PRODUCTION IN FOREIGN COUNTRIES.
Table 139.—NUMERICAL DATA.
From Government sources.1
[Base year in bold-faced type; index numbers on opposite page.]

LIGNITE.

COAL.

YEAR AND MONTH.

United
Kingdom.

Germany. 1

Unionof
Bel- CzechoN therFrance.1 gium. slovakia. Poland. lands. Japan. Canada. South
Africa.

Germany.

Czechoslovakia.

Thousands of metric tons. 2

1,904

1913 monthly average..

24,342

15,842

3,404

1914 monthly average..

22,499

13,449

2,294

1,393

1,189

1,776

665

7,269

161

803

1,858

1,031

641

1,918

6,975
7,329

156

1,135

1915 monthly average..

21,443

12,239

1,628

1,181

189

1,707

1,003

626

1916 monthly average..

21,711

13,264

1,405

216

1,908

1,095

757

7,849

1917 monthly average..

21,044

13,979

1,776
2,410

1,243

251

2,197

1,062

785

7,962

1918 monthly average..

19,286

13,376

2,188

1,157

283

2,336

1,133

747

8,389

1919 monthly average..

19,458

!9,723

1

1,822

1,540

283

2,606

1,035

776

7,820

1,411

2,890

1,866

534

328

2,437

1,001

867

9,303

1,641

3,213

1,817

970

631

327

1,938

888

870

10,249

1,756

1,850

381

2,049

845

735

11,428

1,559

874

1920 monthly average..

19,402

10,950

1

1921 monthly average..

13,758

11,351

1

1922 monthly average.

21,293

10,861

3,596

1,770

825

3 23,883

11,550

3,213

1,909

966

526

357

2,223

1,018

872

10,103

1,779

9,960

11,870

3,283

1,967

924

509

367

2,315

1,002

905

10,493

1,627

November..

16,191

11,814

3,171

1,634

1,015

560

358

2,375

1,119

913

9,839

1,664

December..

3 23,891

11,926

3,317

2,052

874

522

367

2,602

1,114

937

10,110

1,722

January..

18,854

12,009

3,246

2,041

1,027

557

345

2,101

965

10,071

1,817

February.,

17,661

12,009

2,875

1,778

998

566

279

1,849

880

811

10,039

1,749

March

1,867

1920.
September..
October

1921.

16,712

11,460

2,969

1,800

1,039

609

293

2,173

840

873

9,876

April

60

11,906

3,009

1,712

1,012

661

290

2,018

705

897

10,374

1,750

May....

60

8,771

2,919

1,592

926

447

284

1,933

789

9,369

1,597

60

10,295

3,258

1,700

988

666

337

1,844

844

877

10,058

1,696

July....

15,463

10,731

3,218

1,777

944

658

330

1,804

883

873

10,068

1,685

August.

16,869

11,727

3,386

1,840

1,014

660

311

1,642

1,036

10,606

1,786

June

3 20,980

11,607

3,393

1,876

949

659

348

1,792

947

10,359

1,766

October

17,251

11,977

3,337

1,906

861

672

372

1,920

939

818

10,567

1,618

November..

18,174

11,708

3,309

1,818

964

711

364

1,983

887

832

10,479

1,860

December..

3 22,951

11,923

3,632

1,965

914

703

373

2,191

944

824

11,029

1,883

September..

1922.
January..

17,990

12,166

3,533

1,872

1,028

729

371

1,894

787

653

10,979

1,718

February..

20,090

11,456

3,390

1,760

692

330

1,995

818

499

10,091

March

825,161

13,418

3,807

1,968

861

386

2,212

980

12,260

April

18,352

11,289

3,278

1,726

584
1,067
808

675

350

2,191

533

10,634

974
2,018
1,827

May....

s19,466

12,120

3,442

1,708

854

734

384

2,113

594

827

June

3 20,699

9,038

3,415

1, 675

740

753

359

2,096

715

813

July....

18,916

9, 589

3,513

1,669

778

4

2,930

387

1,961

684

823

August.

3 19,371

10,206

3,682

1,695

911

4

3,123

393

1,942

563

September.

3,007

398

1,833

420

2,099

2,843

405

1,758

793

11,437
10,487
11,411
12,147

1,040

772

11,823

1,407

1,129

773

12,078

1,449

2,189

1,144

776

11,896

1,103

1,152

742

11,897

1,567

819

9,104

1,585
1,474

3 26,098

10,157

3,705

1,721

729

4

October

21,552

10, 753

3,836

1,819

666

4

November..

27,228

10,456

3,753

1,805

891

4

20,598

9,684

3,799

1,818

848

2,758

390

2,063

January...

«21,564

1,732

4,200

1,994

912

2,164

437

2,389

February.

22,608

1,604

880

March

1,559
1,590
1,681

28,000

December..

8

3,095

1923.

April
i Compiled by the Department of Commerce, Bureau of Foreign and Domestic Commerce, from official sources. Figures for France include lignite (averagin g 66,000 tons
(averaging 203,000 tons monthly in 1919 and 264,000 tons in 1920) is included with France instead of wi
p
|
gg
,
g
g
,
y
,
)
ith Germany
pe r month in 1913|. Beginning 1919, Alsace-Lorraine (
d b i i
th S
d i t i t (784000 t
th) i i i l l
t
f
d
U
Sili
h
d i d
ibl f t h
t i l t f
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, was included as a whole with Germany until June, 1922, since which time only the part of Upper Silesia allotted to Germany is included.
2
One metric ton is equivalent to 2,204.6 pounds.
* Five weeks period; other months cover 4 weeks.
* Includes upper Silesia. The old territory produced 837,000 tons in July.




186
METAL PRODUCTION IN FOREIGN COUNTRIES.
Table 140.—INDEX NUMBERS.
Based on data from Government and non-Government sources.1
[Base year in bold-faced type; numerical data on opposite page.]
PIG IRON.

YEAR AND MONTH.

ZINC.

STEEL INGOTS.

United
King- Canada. France. Belgium. Luxemburg.
dom.

United
Kingdom.

Relative to 1913.

Stocks In
United
Kingdom.

Production in
Belgium.

Relative to
Apr.-Dec.
average,

Canffda. France. Belgium. Luxemburg.

Relative
to 1920.

1920.
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.
1922 monthly average.

1920.
September
October
November
December

100
87
86
88
92

1OO
69
81
104
104

1OO

88
72
78
25
48

106
81
96
60

25

87
62
47

112
125
115
64

100

100

56

57

112

100
71
87

23

4

100
96
82

120

122

41

4

109

60

128

149

47

89

50

125

161

38

72

100

100

72

102

63

29

100
58
3
5

77

33

(•)

52
11

46

10

24

103

89

46

14

64

45

27

118

106

62

51

50

65

35

38

47

64

63

32

62

97

65

85
82
80

•100
70
21

100

115

94

76

32
79
134

51
60
57
61

35
38
41
41

138
85
79
117

114
128
111
64

76
82
79
79

54
60
59
59

72
65
73

102
84
75
77

110
116
114
121

54
51
51
46

45
39
13
34

77
76
56
11

46
68
61
31

67
63
65

59
49
48
54

71
62
20
57

65
60
63
77

118
93
66

37
33
22
22

38
39
33
35

18
68

60
74
62

62
62
56
59

31
27
13
14

56
61
57
55

84
82
80
76

62
62
71
71

19
23
29
36

42
47
44
48

67
63
69
60

64
83
49

60
52
72
76

17
16
23
31

76
82
70
81

72
68
62
56

71
78
88
105

45
44
57
55

48
46
63
62

51
66
86
63

38
48
34
25

80
80
93
82

39
41
52
47

76
75
101
99

50
37
28
27

117
110
127
121

57
56
61
74

67
68
71
70

72
63
74
82

18
38
72

92
90
93
100

58
55
56
74

113
123
127
130

23
20
19
17

126
118
128
137

79
85
83
77

72
78
73
75

87
88
94
85

41
62
60

103
109
104
105

83

82

134
138
131
133

16
12
3
3

141
157
160
168

80
73

67
42

103
73

87
77

122
43

1921.
January...
February.
March
April

68

75
54
45
7

49
69
71
46

May
June
July
August..

65

1
11

67
65
64
60

September.
October
November.
December..

18
28
32
32

52
60
57
48

56

1922.
January...
February.
March
April

34
35
46
46

38
40
50
40

72

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

48
43
47
4S

27
35
38
33

102

September.
October
November..
December..

50
56
58
62

30
44
42

106

1923.
January...
February.
March
April




64
74

67
69
67

66
62
59

59
68
69

74
89
88

96
99
103

116
118
118

49
52
77

112
71

111
126

See footnotes on opposite page.

55
54

152
161
185

187
METAL PRODUCTION IN FOREIGN COUNTRIES.
Table 141.—NUMERICAL DATA.
From Government and non-Government sources,1
[Base year in bold-faced type; index numbers on opposite page.]
STEEL INGOTS.

PIG IRON •

United

United
King- Canada. France. Belgium. Luxemburg.
dom.

YEAR AND MONTH.

Thousands of
long tons.*

Kingdom.

Stocks in
United

Canada. France. Belgium. Luxemburg.

Thousands of
long tons.4

Thousands of metric tons. 5

ZINC.

Kingdom.

Thousands of metric tons. 5

Production in
Belgium. !

Short tons.

i

1(J13 monthly average
1914 monthly average

434

207

212

639

87

396

205

101

744

58

224

121

152

653

62

221

116

733

68

49

133

713

76

91

87

124

163

766

106

163

8
8

97
83

754

6
11

110

785

87

145

1

127

817

130

186

1

90

855

1916 monthly average .
1918 monthly average
1919 monthly average .
1920 monthly average
1921 monthly average
1922 monthly average

84

756

89

109

106

799

140

151

1

73

612
1 667

68

201

21

51

658

77

182

28

32

81

276

93

92

246

104

50

280

73

58
81

755

218

302

56

65

50
63

419

134

140

485

250
373

130

116

i

!

!

1920.
September
October
Xovember
December

408

j 3 25,477

7,740

17,945

6, 106

5, 430

10,393

741

348

106

74

885

99

300

111

70

25,954

8,483

105

371

125

81

544

111

324

122

73

21,520

403
683

94

356

118

86

505

97

314

120

66

18,987

9,007
8,841

54

349

127

86

747

56

312

121

74

19 640

9 359

642
464
386
60

41

293

112

95

493

40

268

121

72

13 635

9,161

58

292

105

83

484

59

264

100

63

15 239

7 199

60

300

106

28

359

53

251

98

20

16 158

5 115

39

292

96

72

71

27

257

110

58

19 538

4,762

14
1

56

283

76

52

244

64

57

21 280

285

69

80
83

6

55

3

64

245

55

62

21 002

10

54

267

45

71

117

54

223

27

58

20,331

*94

50

255

45

74

434

72

232

28

56

19 473

4 806
4 817
5,457
5 512

158
236

44

244

40

88

429

56

236

35

50

256

47

405

72

206

33

77
83

17 275

272
275

48

295

61

100
94

443

47

71

15 738

301

74

102

381

75
43

277

40

302

64

82

14 297

28X

32

312

94

102

32S

33

315

80

7"

12 781

300

34

323

92

42

316

84

76

9 335

42
34

385
383

118
114

97
133
131

419

390
394

J

94

533

549
404

30
22

367
324

106
97

101

7 140
6 795

23
29

442

462
400

16
33

US
113

114

32

428

119
115
127

364

416

150

369

447

154

149

473
521

63

28

60

397

115
151

407
430

171
182

135

4 108

139

2 990

410

177

415

169

132
134

408

179

123

441

290

157

74

221

:

1921.
January
February
March
April

;

May
June
July

- .

September
October
November
December

!

1

18 374

1

';

5 500
6 019
6 801
8 122

1923.
January
February.. .
March
April

...

142

May

408

June
July
\ugust

369
399
412

September
October
November
December

430
482

25

462

556

30

503

163
175

152

37

165

565

54

494

35

514

172

154

160

159

601
546

52

513

48
47

. .

534

144

358

100

124
128
131

I

5 979
5 221
4 804
4 454

842
707

9
8
9
9

092
543
866
359

9 733
9 160
9 877
10 6%
10
12
12
13

880
133
401
040

1923.
January
February
March
April

568
543

41

486

165

142

624

44

306

151

88

707

034

65

803

93S

11 739
12 .500
14 319

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 Iron and Steel Manufacturers; Canadian production by Department of Trade and Commerce, Dominion Bureau of Statistics.
2
Index number less than 1.
8
Average for 9 months, April-December.
* A long ton contains 2,240 pounds.
0
A metric ton is equivalent to 2,204.6 pounds.




188
EMPLOYMENT IN FOREIGN COUNTRIES.
Table 142.—INDEX NUMBERS.
Based on data from Government sources.1
[Base year in bold-faced type; numerical data on opposite page.]
UNITED
KINGDOM.

YEAR AND MONTH.

Trade

unions.

Compulsory
Insurance.

GERMANY.

BELGIUM.

NETHER- SWEDEN.
LANDS.

NORWAY.

DENMARK.

Relative
to 1919.

Relative to 1913.

1913 monthly
1914 monthly
1915 monthly
1916 monthly
1917 monthly

average..
average.
average.
average.
average.

100

1918 monthly
1919 monthly
1920 monthly
1921 monthly
1922 monthly

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

101
100
100
87

100
101
102
102

1OO
99
102
102
102

1OO
96
100
101
102

102

102
99
99
100
101

100
90
90

1OO

81
96

AUSCANADA. TRALIA.

Relative
to 1913.

2 95
8 102
3 102

100
98
97
101
99

1OO
88
90
99
95

1OO
98
96
100
101

1OO
99
99
101
101

1OO
97
100
103

95
96
98
94
92

100
99
99
77
80

100
100
99
84
84

89
97
102
87

3 102

101
101

102
100
97

100
99
98
95

105
105
102
92

100
97
93
90

90

87
83
83
85

90
87
86
87

88
90
90
89

88
90
94
95

90
88
86
81

95
96
92

101
100
100
95
97

100
99
91

1920.
September.
October
November.
December..

100
97
98
96

January...
February.
March
April

95
93
92
84

95
94
92

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

79
79
85
85

September.
October
November.,
December..

97
96
95
85

100
99
100

91

4

100

1921.

99
99

83
79
70
71

85
88
90

99
100
100
101

70
79
81
80

87
86
86
85

91
90
87
87

102
102
102
6101

85

January...
February.
March
April

85
85
85
85

87

89

100
100
102
102

91
92
93
94

May....
June
July
August..

85
86
87
87

90
91
91
91

102
102
102
102

96
97
97

September.
October....
November.
December..

87

91
91
91
91

102
102
101
100

99
99
99
99

91
93

79
79

86
85
84

95
97
97

78

84

75

80

76

83

77

84

78
76
75

84

95
91

84
82
80

4

95

<94

4

95

*97

1922.
84
82
91

95
95
96

68
71
73
75

78
76
76
78

77
78

94

80
82

84

95

90

91
94
94
96

90
91
90

97
96
92

101
99
97
97

85

95

95
94
90

87
82

87

82

72




91
91

99
100

See footnotes on opposite page.

97

4

97

4

97

100

1923.
January...
February.
March
April

4

189
EMPLOYMENT IN FOREIGN COUNTRIES.
Table 143.—NUMERICAL DATA.
Based on data from Government sources.1
[Base year in bold-faced type; index numbers on opposite page.]
UNITED
KINGDOM.
YEAR AND MONTH.

GERMANY.
Trade- Compulsory
unions. Insurance.

BEL- NETHERGIUM. LANDS. SWEDEN.

NORWAY.

AUSDENMARK. CANADA. TRALIA.

Per cent employed.
97.3
96.1

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

»92.07
s 98.13
3 98.13

93.5
91.7
90.7
94.2
92.9

95.6
94.5
94.6
73.9
76.9

98.6
98.4
97.7
82.7
83.1

82.6
89.3
94.2
80.1
82.1

3 98.50
96.58
95.37
87.47
93.00

94.2
93.4
93.5
88.8
90.7

4 93.8

98.4
98.4

97.1
92.8
96.8
97.8
99.0

99.2
97.6
97.6
84.7
84.6

96.2
86.3
86.7

96.3
96.2
97.2
98.5

78.4
93.5

90.0
91.1
92.8
89.1
87.5

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
93.91
89.76
86.95

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

83.5
83.6
86.1
88.1

79.8
79.2
75.4
75.8

88.7
85.1
83.9
82.9

80.3
76.8
76.4
78.3

86.93
83.88
83.52
83.73

May
June
July....
August..

77.8
76.9
83.3
83.7

82.7
82.2
85.2

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

82.2
79.1
82.1
82.7

81.4
83.2
83.3
82.3

84.54
86.85
90.90
91.29

September.
October
November.
December..

85.2
84.4
84.1
83.5

87.8
87.2
84.3

98.7

82.3
86.4
86.1
88.6

93.2
93.1
90.0
83.4

74.2
72.8
71.4
66.1

82.9
82.9
80.7
79.1

83.4
81.6
79.2
74.8

91.53
92.58
88.94
84.91

January...
February.
March
April

83.2
83.7
83.7
83.0

83.8
84.8
85.6
85.6

96.7
97.3
98.9
99.1

65.2
67.9
69.4
71.4

76.5
74.9
74.9
76.8

71.1
66.9
72.1
76.0

86.10

90.8
91.1

80.0
78.1
85.9
88.1

May
June
July....
August..

83.6
84.3
85.4
85.6

86.5
87.3
87.7
88.0

99.3
99.4
99.4
99.3

93.0
94.0
94.6
95.6

89.5
90.5
90.6
90.8

76.7
78.5
79.8
82.6

82.2
84.5
87.5
88.5

83.9
86.8
87.1
88.9

92.60
94.70
95.90
96.40

September..
October
November..
December..

85.4
86.0
85.8
86.0

88.0
88.0
87.6
87.8

99.2
98.6
98.0
97.2

96.2
96.1
96.2
96.2

91.0
90.5
89.0
85.6

84.7
84.9
82.9
78.3

88.9
89.5
88.2
84.9

89.4
88.7
84.8
79.7

97.20
96.00
93.80
93.90

87.3
88.2

95.6

96.1
96.9

82.2

78.6

78.5

92.20

86.9

1913 monthly
1914 monthly
1915 monthly
1916 monthly
1917 monthly

average.
average.
average.
average.
average.

97.9
97.7
98.9
99.6
99.4

1918 monthly
1919 monthly
1920 monthly
1921 monthly
1922 monthly

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

96.4
95.8

1920.
September..
October
November..
December...
1921.

6 98.4

<88.6

4 87.5

4 88.6

•90.5

1922.

90.40.
89.60

«90.8

4 90.4

4 90.4

4 91.4

1923.
January...
February..
March
April

1
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 (Jovernmcnt labor
bureau, represent tho percentage of trade-union members employed. They have been converted, by inverting, from the original figures showing percentage unemployed.
a
December.
8
Average of quarters, March, June, September, and December.
4 Quarter ending this month.
6
The report for December covers 6,075,755 organized workers of whom only 97,687, or 1.6 per cent, were unemployed




190
FOREIGN TRADE OF THE UNITED KINGDOM.
Table 144.—INDEX NUMBEKS.
Based on data from Government sources.1
[Base year in bold-faced type; numerical data on opposite page.]
IMPORTS
(values).

YEAR AND MONTH.

Total.

Food,
drink,
and
tobacco.

Raw
material.

Manufactured
articles.

Total.

Food,
drink, Raw
and material.
tobacco.

EXPORTS OF KEY
COMMODITIES *
(quantities).

REEXPORTS
(values).

EXPORTS
(values).
Manufactured
articles.

Total.

Food,
Mandrink, Raw ufacand
tured
matetorial.
artibacco.
cles.

Woolton-

100

1OO

1OO

84

82

87

109

73

75

71

90

98

96

91

92

96

113

100

50

96

1OO

1OO

1OO

91

103

84

83

82

115

131

102

94

123

144

120

138

1918 monthly av
1919 monthly av
1920 monthly av
1921 monthly av
1922 monthly av

4
1OO

1OO

157

137

89

132

103

64

47

(8)

100

140

100
84
85

Coal.

Relative to
1913.

Relative to
1920.

100
89
77

100

Iron
and
steel.

tissues.

Relative to 1913.

1913 monthly av
1914 monthly av
1915 monthly av
1916 monthly av
1917 monthly av

and

1OO
78
65
67
47

1OO

43

43

33
46
70
35

82

(8)

(3)

75

(3)

(3)

77

93

(3)

(3)

68

64

(3)

(3)
(3)
(3)

80 i
59
52
48

171

163

145

95

37

87

99

28

25

22

43

212

244

229

138

152

102

174

154

150

269

142

105

(3)

252

266

252

235

254

156

208

272

203

289

192

181

196

96

127

136

115

91

143

98

190

78

90

131

163

106

119

137

111

146

138

95

137

86

91

100
66
94

100

142

1921.
January
February
March
April

196

(3)

70

69

87

28

48
34
34

183

203

158

189

212

142

132

233

109

163

92

117

67

63

57

151

197

109

145

156

113

101

170

88

117

82

83

66

48

41

28,

146

210

76

155

153

107

100

166

97

215

76

80

63

41

36

32

140

219

70

126

137

137

50

152

93

191

72

87

50

46

39

10

May
June
July
August

135

207

71

120

98

77

25

113

79

147

64

75

39

34

25

138

215

78

109

87

90

19

98

78

168

49

90

41

33

17

126

174

86

112

99

99

48

107

103

230

76

90

48

36

15

(4)
13

138

209

83

113

117

115

121

116

109

206

88

105

57

37

18

51

September
October
November
December

136

200

87

111

146

122

120

128

94

204

72

84

72

28

32

56

132

184

91

116

142

128

126

147

114

230

96

88

96

50

38

56

139

171

128

111

144

132

121

149

108

222

90

84

98

49

47

59

133

162

118

113

136

117

133

138

101

183

80

102

89

52

50

70

119

140

105

110

145

105

121

151

93

162

75

93

92

71

61

66

108

133

86

103

133

101

118

140

111

171

100

105

68

54

54

66

137

187

94

126

148

120

145

151

111

204

94

99

82

68

71

85

126

166

91

118

127

111

127

1,29

101

175

88

88

82

64

63

67

139

178

108

125

133

112

150

131

98

162

85

92

92

83

165

107

117

119

112

132

118

95

121

90

91

84

57

78

128

161

103

115

138

103

138

141

91

108

90

120

129

156

103

126

137

114

153

138

82

97

77

85
86

75
73
78
80

66

132

120

93

119
122
121
123

143

116

105
109

116

84

101

119
105

97
93

108
98

90

107

]03

62
58
74
79

67

125

76
96
96
86

107

152
135

70
91
100
93

58

113

173
158
173
163

141

138

148

147
160
188
175

82

97

156
131
140

196
154
168

135
121
132

153
131
139

124
105
97

161
163
199

107
108
100

127
98
123

111
122
105

88
82
76

108
93
91

100
80
65

86

92
97
117

. .

1922.
January
February
March .
April
May
June
July

.

. . .

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

133
149

112
129
138

129
114
118

1

137
152
131

155
129
134

May
June
July




See footnotes on opposite page.

84

102

61

83

65

100

77
89

191

FOREIGN TRADE OF THE UNITED KINGDOM.
Table 145.—NUMERICAL DATA.
From Government sources,1
[Base year in bold-faced type; index numbers on opposite page.]

IMPORTS
(values).

YEAR AND MONTH.

Total.

EXPORTS
(values).

EXPORTS OF KEY
COMMODITIES 2
(quantities).

REEXPORTS
(values).

Food,
Food,
Food,
1
ManuWoolen
drink, Raw Manudrink, Raw Manudrink, Raw fac- Cotton and Iron
facfacand mate- tured Total. and mate- tured Total. and mate- tured
and
piece
rial. articles.
rial. articles.
totoarti- goods. worsted steel.
torial.
tissues.
bacco.
bacco.
cles.
bacco.
Thousands of
square yards.

Thousands of pounds sterling (£).
64,061 24,184 23,485 16,134 43,770 2,716 5,825 34,281
35,893 2,412 4,893 28,219
58,053 24,995 19,711 13,374
73,491 31,740 23,881 15,121
32,072 2,090 4,363 24,411
79,042 34,931 28,066 15,766
42,190 2,458 5,362 32,783
88,680 37,893 32,067 18,214
43,923 1,361 5,597 35,301

1913 monthly av.
1914 monthly av.
1915 monthly av.
1916 monthly av.
1917 monthly av.

24,853

23,343
22,219
37,902
20,425
19,160

117,051
96,974
93,742
S3,996

49,158
47,750
50,888
52,908

37,005
25,504
17,739
16,547

30,467
23,394
24,980
20,374

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

86,308
88,182
80,757
88,581

50,094
51,915
42,090
50,584

16,711
18,389
20,232
19,589 I

September..
October
November..
December..

87,118
84,742
89,259
85,312

48,410
44,475
41,246
39,063

1922.
January
February
March
April

76,488
69,275
87,879
80,661

May....
J une
July....
August.

1918 monthly av.
1919 monthly av.
1920 monthly av.
1921 monthly av.
1922 monthly av..

109,678
135,513
161,379
90,669

38,207
53,834
59,292

41,785
66,553
111,289
59,316
60,041

1,001 5,083
2,775 10,107
4,241 12,138
3,122 5,322
3,027 8,501

33,880
52,663
93,394
49,048
47,452

3 14,718
3 13,417
3 12,460
315,432
3 13,874

414

1,048 3 308,321 3 8,208
2,575 3 298,782 3 13,706
4,437 370,138 22,178
242,938
2,220
9,562
2,236
348,862 15,438

137

9,131 1,329 5,336 2,455
7,956 1,453 4,488 2,007
8,255 1,867 4,549 1,835
8,131 1,756 4,095 2,271
1,566
3,615
5,806
620
2,579
13,729
18,534
8,921
8,648

1,194
336
3,575 7,571
3,842 10,249*
2,520 4,171
1,815 4,585

92,756
68,222
66,809
59,868

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

4,904
4,386
4,074
3,844

19,282
17,600
18,005
18,194

43,088
38,152
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
7,083
9,362
9,998

1,958
2,229
3,062
2,744

3,418
2,616
4,082
4,683

20,465
21,256
29,946
27,792

17,905
18,691
17,913
18,291

63,842
62,265
62,894
59,375

3,300
3,466
3,586
3,187

6,997
7,359
7,046
7,746

44,009
50,238
51,094
47,368

8,595
10,386
9,823
9,204

2,710
3,057
2,944
2,435

33,972
32,257
45,261
40,097

24,565
20,220
22,095
21,404

17,710
16,576
20,309
18,962

63,147
58,335
64,581
55,508

2,861
2,754
3,270
3,011

7,032
6,869
8,465
7,376

51,824
48,000
51,760
44,336

8,459
10,174
10,154
9,200

88,814
84,298
81,784
82,661

43,075
39,936
38,817
37,762

25,358
25,242
24,237
24,141

20,207
18,857
18,579
20,326

58,045
52,146
60,419
60,032

3,045
3,044
2,806
3,105

8,757
7,671
8,041
8,900

45,073
40,565
48,455
47,149

September..
October
November..
December..

76,944
85,015
95,600
94,912

35,555
38,617
45,501
42,292

21,848
26,409
30,223
32,499

19,244
19,726
19,587
19,838

62,511
60,399
66,491
58,883

3,154
3,066
3,408
2,796

10,099
9,211
10,101
9,493

1923.
January
February
March
April

99,700
83,855
90,002

47,398
37,141
40,726

30,288
26,739
27,732

21,707
19,462
21,226

66,939
57,510
60,921

3,364
2,864
2,646

9,372
9,470
11,564

3 565,415
3 478,763
3 395,417
3 438,318
3 415,001

6,117
4,920
270
3,628
279
3,196
195
2,916
324

190
290
143
284

2,646
2,937
2,078
2,055
5,350

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

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

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

2,155
2,276
2,709
2,323

4,015
5,323
5,015
4,704

2,285
2,575
2,428
2,168

339,348
252,278
304,293
302,598

15,813
11,995
15,057
14,002

254

8,965
8,720
8,317
7,504

2,152
1,611
1,436
1,288

4,548
4,787
4,795
4,110

2,264
2,230
2,084
2,105

341,959
312,435
443,937
378,353

16,585
16,145
17,305
17,632 !

273
237
252

48,361
47,010
51,964
44,932

6,381
8,277
9,148
8,479

1,399
1,453
1,583
1,391

3,103
4,456
5,200
4,969

1,869
2,360
2,354
2,108

396,368
354,690
399,117
360,965

13,834
12,877
16,484
17,521

279 ! 7,083
348 6,196
373 6,571
341 5,955

53,135
44,324
45,935

9,798
9,823
9,086

1,687
1,300
1,639

5,938
6,492
5,586

2,172
2,021
1,858

400,598
342,980
337,906

22,280
17,718
14,466

354
318

1
1
j
]

May..
June..
July..




Thousands of
long tons.

I

1921.
January
February
March
April

!
!
I
j
!

47,491
58,938
64,291
47,382
39,429

Coal.

1
1
3

Compiled from British official reports by the U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce.
Figures include exports and reexports.
Figures for years 1913-1919, inclusive, are in linear yards.
* Less than 1 per cent.
NOTE.—See p. 175 for exchange rate on pound sterling.

168
150
163

69
64
76

156
194
205

224
296
258

1,700
1,729
1,968
607
•14
<8
816
3,103
3,407
3,407
3,594
4,309

4,021
4,014
5,201
4,097

5,057
4,794
5,064
270 j 6,146

5,647
5,903
7,180

192

WORLD PRODUCTION OF CANE SUGAR AND FLAXSEED.*
FLAXSEED.

CANE SUGAR.
Java.
World
total.

YEAR.

May.

United
States.i

Brazil.

Oct.

Oct.

Porto
Rico.

Cuba.

Dec.

Hawaii.

Dec.

Nov.

Argentina.

World
total.

India.

United
States.

Canada.

Jan.

India.

Apr.

Aug.

Aug.

Dec.

Thousands of bushels.

Thousands of short tons.
1909-1913 average..
1914
1915
1916
1917
1918
1919
1920
1921

9,971
11,293
12,776
13,442
14,508
13,324
13,799
13,656
14,698

1,514
1,054
1,797
2,009
1,960
1,478
1,473
1,579
1,858

1922 latestest....,
1923, latest est

•15,182

1,986

4 242

»38
344
486
413
493
440
496
580
676

311
247
139
311
246
284
122
176
* 328

i Louisiana and Texas.

8

567
646
593
645
577
600
556
522
522

363
346
484
503
454
406
485
490
408

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

532

•592

• 393

•4,595

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

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

•3,347

8

* Exports.

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

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

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

32,272
46,297

2,614
2,757
2,950
3,058
3,708
2,617
3,361
2,826
2,911

17,360

12,238

5,685

From private sources.

«Louisiana and Texas.

WORLD PRODUCTION OF BEET SUGAR *
World
total.*

United
States.

GerNetherCzechom a n y . slovakia. Russia. Poland. l a n d s .

Belglum.

France.

Italy.

Spain.

Denmark.

YEAR.

Sweden.

Thousands of short tons.
1909-1913 average...
1914
1915
1916
1917
1918
1919
1920
1921

8,432
8,331
6,056
5,808
5,208
4,592
3,490
4,997
5,570

610
722
374
821
765
761
726
1,089
1,074

2,296
2,721
1,678
1,721
1,726
1,484
808
1,212
1,429

1,017
1,004
812
805
584
688
559
770
720

1,726
1,879
1,824
1,457
1,134
318
86
55
55

1922 latest estimates

»5,690

727

1,635

« 799

i 1217

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

239
293
263
249
106
195
198

246
316
264
286
215
182
263
314
421

276
215
120
140
136
78
152
268
325

759
334
150
204
221
121
171
370
315

209
166
166
160
162
120
185
150
244

116
112
117
139
154
169
91
104
151

128
168
143
124
149
156
149
168
158

> 292

•319

»302

496

«291

U90

«102

279

* From private sources.

154
170
140
151
144
141
141
181
259
*80

* Includes Ukraine; data from private sources.

WORLD PRODUCTION OF RICE.*

New orop available.

India.

Egypt.

United
States.

Italy.

Spain.

Japan.

Dutch *
East
Indies.

Philippines.

Apr.

World total.

Apr.

Aug.

Sept.

Sept.

Nov.

Dec.

Dec.

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

110,780
102,986
114,500
112,300
122,000
97,400
117,200
90,777
120,797.

1922 latest estimates

•

14,602

875

67,891

518
646
741
763
708
716
712
662
997
•41

297
337
320
329
322
282
412
394
356

14,009
17,909
17,569
18,360
17,143
17,184
19,106
19,849
17,336

7,349
7,826

8,323
8,465
7,051
6,480
5,669

,124
1,404
,100
1,289
1.745
2,210
1,977
2,127
2,560

•633

373

19,067

6,451

8,517

72,950
61,022
73,526
77,932
81,198
55,218
71,613
62,793
74,437

553
81
542
237
487
692
607
634
472

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

74,222

>33

1,166 '

8
i Java and Madura.
' Acreage about hall of normal: Summer crop only given.
1922 acreage 296,500 compared with 286,400 acres in 1921.
•Data compiled by XT. 8, Department of Agriculture, Bureau of Agricultural Economic*, and corrected monthly in accordance with latest available
information received by that department or by the Department of Commerce, Bureau of Foreign and Domestic Commerce. Countries are placed in th« order
ai
in whioh crops are harvested.




193

SOURCES OF DATA.
CURRENT PUBLICATIONS

DATS Of PUBLICATION.

I.-REPORTS FROM GOVERNMENT DEPARTMENTS, FEDERAL, STATE, AND FOREIGN.
AUSTRALIAN COMMONWEALTH'S B U REAU OF CENSUS AND STATISTICS.
BANK OF JAPAN

Price index for Australia

Federal Reserve Bulletin

Price index for Japan

Federal Reserve Bulletin

Second week of month.
,

BRITISH BOARD OF TRADE

Price index for United Kingdom.

British Board of Trade Journal.

CANADIAN DEPARTMENT OF LABOR. . . .

Price index for Canada
Employment in Canadian trade unions
Operations of Canadian employment service...
Foreign trade of Canada
Canadian railroad operations
Canadian iron and steel production
Wholesale trade.

Labour Gazette (Canauiauj
Employment
Employment
,
Foreign trade of Canada
Operating Revenues, etc., of Railways *
Press releases*
Business Conditions

Second week of month.

CANADIAN DEPARTMENT
AND COMMERCE.

OF

TRADE

FEDERAL RESERVE BANK OF ATLANTA .
FEDERAL RESERVE BANK OF BOSTON.
FEDERAL RESERVE BANK OF CHICAGO.
FEDERAL
LAND.
FEDERAL
FEDERAL
CITY.
FEDERAL
YORK.

RESERVE BANK OF CLEVERESERVE BANK OF DALLAS. .
RESERVE BANK OF KANSAS
RESERVE

BANK OF N E W

FEDERAL RESERVE BANK OF PHILADELPHIA.
FEDERAL RESERVE BANK OF RICHMOND.
FEDERAL RESERVE
FRANCISCO.

BANK

OF SAN

FEDERAL RESERVE BOARD.

Savings deposits in First Federal Reserve
District.
Savings deposits in Seventh Federal Reserve
District.
A gricultural pumps
Savings deposits in Fourth Federal Reserve
District.
Wholesale trade
Wholesale trade
Foreign exchange rates ana index
Savings deposits in Second Federal
District.
Savings deposits in Third Federal
District.
Wholesale trade
Savings deposits in Fifth Federal
District.
Wholesale trade
Savings deposits in Twelfth Federal
District.
Wholesale trade
Foreign exchange index numbers
Debits to individual accounts

Reserve

Monthly Review
Business Conditions..

Reserve

Condition of Federal Reserve banks
Condition of reporting member banks

Monthly.
Monthly.
Monthly.

Business Conditions.
Business Review

Monthly.
Monthly.
Monthly.

Business Conditions.
Business Conditions.

Monthly.
Monthly.

Federal Reserve Bulletin and daily state- Daily and monthly.
ment.*
Monthly.
Monthly Review

Reserve Business and Financial Conditions.
Reserve

Monthly.
Semimonthly.
Semimonthly.
Monthly.

Monthly.
Monthly.
Monthly.

Business and Financial Conditions
Business and Agricultural Conditions
Business and Agricultural Conditions
Business Conditions
Business Conditions
Federal Reserve Bulletin
Federal Reserve Bulletin and weekly press
releases.*
Federal Reserve Bulletin and weekly press
releases.*
Federal Reserve Bulletin and weekly press
releases.*
Federal Reserve Bulletin

Monthly.
Monthly (second week of menth).
Sunday newspapers and monthly.

Federal Reserve Bulletin..
Federal Reserve Bulletin..

Monthly.
Monthly.

FEDERAL TRADE COMMISSION.,

Money held outside U. S- Treasury and
Federal Reserve Systems to July 1,1022.
Wholesale price index numbers
Department store trade; in cooperation with
National Retail Dry Goods Association.
Index numbers of department store, mail
order and chain store trade.
Barley and rye receipts
Sales of loose leaf tobacco
Index of ocean freight rates
Index numbers of production
Wholesale trade
Paper and wood pulp production, prices, etc..

FRENCH MINISTRY OF LABOR AND
SOCIAL WELFARE.
ILLINOIS DEPARTMENT OF LABOR
INDIAN DEPARTMENT OF STATISTICS...
INTERSTATE COMMERCE COMMISSION..

Price index for France

Telephone operating revenue and income
Telegraph operations and income
Express operations and income
Milk receipts at Boston

The Employment Bulletin
Federal Reserve Bulletin
Preliminary statement of operations of
Class I roads.
Not published
Not published
Not published
Not published

New York State factory employment and
earnings.
New York State canal traffic

Annual report

Friday morning newspapers and
monthly.
Friday afternoon newspapers and
monthly.
Monthly.

Bulletin de la Statistique Generale

Employment in Illinois
Price index for India
Railway revenues and expenses

Monthly.
Monthly.

MASSACHUSETTS
DEPARTMENT
OF
PUBLIC UTILITIES.
NEW YORK STATE DEPARTMENT OF
LABOR.
N E W YORK STATE DEPARTMENT OF
PUBLIC WORKS.
PANAMA CANAL
PENNSYLVANIA DEPARTMENT OF LABOR AND INDUSTRY.
U. S. DEPARTMENT OF AGRICULTURE—
BUREAU OF ANIMAL INDUSTRY.
U. S. DEPARTMENT OF AGRICULTURE—
BUREAU
OF
AGRICULTURAL
ECONOMICS.

U. S. DEPARTMENT OF AGRICULTUREFOREST SERVICE.
U. S. DEPARTMENT OF COMMERCEBUREAU OF THE CENSUS.

Panama Canal traffic
Unemployment in Pennsylvania
Beef, pork, and lamb production
Prices of farm products to producer .
Wool consumption and stocks
Crop production
Cold-storage holdings and fish frozen
Movement of cattle, hogs, and sheep
Receipts of butter, cheese, eggs and poultry.
Production of dairy products
Car lot shipments of fruits and vegetables
Farm labor, wages, supply, etc
World crop production
Live stock on farms
Total lumber production from 1913 to 1920...
Wood pulp production, 1914 and 1916
,
Cotton ginned
Cotton consumed and on hand
Active textile machinery

Federal Reserve Bulletin..

Monthly.

Federal Reserve Bulletin..
Federal Reserve Bulletin..
Federal Reserve Bulletin.
Federal Reserve Bulletin.
Federal Reserve Bulletin.
Monthly press releases *...

Monthly.
Monthly.
Monthly.
Monthly.
Monthly.
Newsprint, 20th to 25th of the month;
other paper and wood pulp, 1st of
following month.
Monthly.
Second week of month.
Monthly.

Labor Market Bulletin and press releases •. Monthly.
Yearly.

Last weekly issue of month.
, Semimonthly.
, Last weekly issue of month or first
of next month.
Monthly.
Monthly Crop Reporter *
First weekly issue of month.
Market Reporter *
Monthly Crop Reporter« and press Releases about 1st of month (cotton)
and 10th (other crops).
releases.*
Fourth weekly issue of month.
Market Reporter *
Third weekly issue of month.
Market Reporter»
Weekly.
Market Reporter *
Quarterly.
Market Reporter»
2
Third weekly issue of month.
Market Reporter
Monthly.
Monthly Crop Reporter*
Weekly.
Foreign crops and markets*
Annually.
Market Reporter«
Production of Lumber, Lath and Shingles Yearly.
Pulpwood consumption and Wood-pulp. Yearly.
Production.
Semimonthly during season.
Preliminary report on ginnings *
Preliminary report on cotton consumed.. 15th of month.
Reports on wool machinery and on cotton 20th of month.
spindles.*
Census of hides, skins, and leather *
, First week of month.

The Panama Canal Record
Semimonthly report *
Market Reporter *

Leather, hides and shoes, production and
stocks.
18th of month.
Preliminary report on cotton seed..
Cotton seed and cottonseed oil
Quarterly (one month after end of
Stocks of tobacco held by manufacturers and Statement on stocks of leaf tobacco.
quarter).
dealers.
• Multigraphed or mimeographed sheets.
.
» This is not necessarily the source of the figures published in the SURVEY as many of them are obtained direct from the compilers pnor to publication in the respective journals. This column and the right-hand column have been added to assist readers in obtaining current statistics between publication dates of the SURVEY.
«Beginning Jan. 7,1922, combined into new publication called Weather, Cropt, and Markets, issued weekly.

43622°—23-




-13

194
SOURCES OF DATA—Continued.
CURRENT PUBLICATION.

DATE OF PUBLICATION.

I.-REPORTS FROM GOVERNMENT DEPARTMENTS, FEDERAL, STATE, AND FOREIGN—Continued.
U. S. DEPARTMENT OF COMMERCE—
BUREAU OF THE CENSUS—Contd.

U. 8. DEPARTMENT OF COMMERCEBUREAU OF FISHERIES.
U. S. DEPARTMENT OF COMMERCEBUREAU OF FOREIGN AND DOMESTIC COMMERCE.

U. S. DEPARTMENT OF COMMERCEBUREAU OF NAVIGATION.
U. S. DEPARTMENT OF COMMERCEBUREAU OF STANDARDS.
U . S . GRAIN CORPORATION
U. 8. DEPARTMENT OF THE INTERIORBUREAU OF MINES.
U. S. DEPARTMENT OF THE INTERIORGEOLOGICAL SURVEY.

U. S. DEPARTMENT OF THE INTERIOR—
U. 8. PATENT OFFICE.
U. S. DEPARTMENT OF LABOR—EMPLOYMENT SERVICE.
U. S. DEPARTMENT OF LABOR—BUREAU OF IMMIGRATION.
U. 8. DEPARTMENT OF LABOR—BUREAU OF LABOR STATISTICS.

U. S. POST OFFICE DEPARTMENT
U. S. TREASURY DEPARTMENT
U. S. TREASURY DEPARTMENTBUREAU OF THE MINT.
U. S. TREASURY DEPARTMENT—BUREAU OF INTERNAL REVENUE.
U. S. WAR DEPARTMENT—ENGINEER
CORPS.
U. ti. WAR DEPARTMENT— MISSISSIPPI
WARRIOR SERVICE.
WISCONSIN INDUSTRIAL COMMISSION.. .

Production indexes of raw materials and Survey of Current Business...
manufactures.
Fats and oils, production, consumption, and Statistics of fats and oils * . . .
stocks.
Fabricated structural steel sales from April Press release •
1922.
Press release*
Automobile production
Pressrelease*
Sugar statistics
Pressrelease*
Steel castings sales
Press release*
Steel furniture shipments
Survey of Current Business.
Earnings of public utilities
Monthly statement
Fish catch at principal fishing ports
All imports and exports
Tonnage of vessels, entered and cleared in
United States foreign trade.
Data on trade, employment and coal and iron
production of foreign countries.
Wholesale price of wool
Warehouse stocks of rice
Vessels under construction and vessels completed.
Building material price indices

Monthly.
Quarterly (one month aftor end of
quarter).
15th of month.
20th of month.
20th of month.
20th of month.
20th of month.
Monthly.

Monthly Summary of Foreign Commerce.
(Parti.)1
Monthly Summary of Foreign Commerce.
(Part II.)
Various foreign sources

Last week of month.

Wholesale Prices
Monthly Summary of Foreign Commerce.
(Part II.)
Commerce Reports

Yearly.
Monthly.

Middle of next month

First weekly issue of month (Mondays).

Not published

Wheat flour production, prior to July, 1920— No longer published
Refined petroleum products, production, etc.. Refinery Statistics*
Portland cement, production, etc
Coal and coke production

Report on Portland cement output *
Weekly report on production ofcoal *

Crude petroleum, production, etc
Electric power production
Annual figures on non-ferrous metal production.
Patents granted
Number on pay roll—United States factories..
Employment agency operations

Preliminary statistics on petroleum *
Production of electric power *
Mineral Resources

Second week of month.
20th of month.
Second or third weekly issue of
month (Saturdays).
25th of month.
End of month.
Annually.

Not published

Immigration and emigration statistics

Industrial Survey *
Report of Activities of State and Munici•loyment Agencies.
pal Employn
Not published..

Wholesale prices of commodities, including
farm products, food, clothing, metals, etc.
Wholesale price index
Retail price index of foods
Retail coal pric&s
United States postal savings
Postal receipts
Government debt, receipts and disbursements.
Money in circulation from July 1, 1922
Domestic receipt? of gold at mint

Monthly Labor Review
Monthly Labor Review
Monthly Labor Review
Postal Savings News Bulletin
Statement of Postal Receipts *
Daily Statement of the U. fe. Treasury
Federal Reserve Bulletin
Not published

First week of month.
Every 4 or 5 weeks.

Wholesale Prices of Commodities..
Monthly.
Monthly.
Monthly.
12th of month.
7th of month.
Last day of month.
Monthly.

Oleomargarine production
Consumption of manufactured tobacco, snuff,
cigars, cigarettes, and oleomargarine.
Internal Revenue taxes on specified articles ..
Iron ore movement
:
Sault Ste. Marie Canal traffic
Barge traffic on Mississippi River.

Not published
Statement of tax-paid products *
Classified collections of Internal Revenue
Monthly statistical report
Monthly statistical report
Not published

25th of month.
Monthly during season.
Monthly during season.

Wisconsin factory earnings and employment.

Bulletin on Wisconsin labor market *

15th of month.

First week of month.

II.—REPORTS FROM TRADE ASSOCIATIONS AND PBIYATE ORGANIZATIONS.
(Excluding individual firms reporting data to be combined with other firms or trade associations.)
ABERTHAW CONSTRUCTION CO
ABRASIVE PAPER AND CLOTH MANUFACTURERS' EXCHANGE.
AMERICAN MANUFACTURERS ASSOCIATION off PRODUCTS PROM CORN.
AMERICAN BUREAU OF METAL STATISTICS.

Building costs
Sales of abrasive paper and cloth
Corn ground into starch, glucose, etc

Copper production
Silver production
Zinc production in Belgium
Zinc stocks in United Kingdom
AMERICAN FACB BRICK ASSOCIATION. Face brick production, stocks, etc
AMERICAN IRON AND STEEL INSTITUTE Steel ingot production
AMERICAN PETROLEUM INSTITUTE... Gasoline and Kerosene Consumption by
States.
AMERICAN PIG IRON ASSOCIATION
Merchant pig iron production, etc
AMERICAN RAILWAY
ASSOCIATION Freight car surplus
(Car Service Division).
Freight car shortage
Car loadings
Bad-order cars
AMERICAN TELEPHONE AND TELE- Stockholders in the company
,

GRAPH Co.
AMERICAN WALNUT MANUFACTURERS'
ASSOCIATION.
AMERICAN WRITING PAPER COMPANY.
AMERICAN ZINC INSTITUTE
ANTHRACITE BUREAU OF INFORMATION
ASSOCIATION OF LIFE INSURANCE
PRESIDENTS.
BOSTON CHAMBER OF COMMERCE
BRIDGE BUILDERS AND STRUCTURAL
SOCIETY.
BUREAU OF RAILWAY ECONOMICS...




Construction trade papers.,
Not published
Not published
Not published
Not published
Not published
Not published
Not published
Press release to trade papers *.
Special statement
Not published
Car Surplusages and Shortages.*.
Car Surplusages and Shortages.*.
Information Bulletin *
Information Bulletin *
Financia 1 papers

Walnut lumber and logs

Not published
Press release to trade papers *
Statement of anthracite shipments"
Not published

Weekly.
Weekly.
Weekly.
Third week of month.
Quarterly.

Not published.

Purchases and sales of paper
Production and stocks of sine
Anthracite shipments and stocks
New life insurance business

7th of month.

Receipts of wool at Boston
Fabricated structural steel sales before April,
1922.
Number of tons carried 1 mile
Average receipts per ton-mile
Passengers carried 1 mile
Railway employment
Locomotives in bad order
• ••
Per cent of earnings on valuation
* Multigraphed or mimeographed sheets.

Trade papers
No longer published.

15th of month.
15th of month.
Daily.

Monthly.
Summary of operating statistics
Not published
Monthly.
Summary of operating statistics
Not published.
Not published
Not published
> Imports and exports of gold and silver in Part II.

195
SOURCES OF DATA—Continued.
CURRENT PUBLICATION.

DATE OF PUBLICATION.

II.-REPORTS FROM TRADE ASSOCIATIONS AND PRITATB OBGANIZATIONS-Continued.
(Excluding individual firms reporting data to be combined with other firms or trade associations.)
CALIFORNIA REDWOOD ASSOCIATION . .

Redwood lumber production, etc

Not published..

CALIFORNIA "WHITE AND SUGAR PINE
ASSOCIATION.
CHICAGO BOARD or TRADE

Sugar pine lumber production, etc

Not published..

Wheat, corn and oats, receipts, etc

Trade papers

CONTAINER CLUB

Production of paper box board

Not published..

CREDIT CLEARING

Credit conditions

HOUSE.

DAIRTMEN'8 LEAGUE
ASSOCIATION, INC.
F. W. DODGE CO

COOPERATIVE

Credit

Milk deliveries to milk plants

Daily.

Weekly.

Not published

Building statistics—Contracts awarded

Statement on Building Statistics..

EMPLOYERS' ASSOCIATION OF DETROIT.

Detroit factory employment

ENAMELED SANITARY MANUFACTURERS
ASSOCIATION.
FEDERATION OF IRON AND STEEL

Enameled sanitary ware.

Not published

British iron and steel production

Trade papers

FINE COTTON GOODS EXCHANGE

Fine cotton goods production and sales

Trade papers

ILLUMINATING GLASSWARE GUILD

Monthly.

Weekly press release

Illuminating glassware production, orders, etc. Not published

MANUFACTURERS (British).

Second week of month.

JACKSONVILLE CHAMBER OF COMMERCE

Turpentine and rosin receipts

Naval Stores Review

Weekly.

KNIT GOODS MANUFACTURERS
AMERICA.
LEATHER BELTING EXCHANGE

Knit underwear production, etc

Monthly report *

Monthly.

OF

MAPLE FLOORING MANUFACTURERS'
ASSOCIATION.
MCLEAN BUILDING REPORTS, L T D . . .
MERCHANTS' EXCHANGE OF ST. LOUIS.
MICHIGAN HARDWOOD MANUFACTURERS' ASSOCIATION.
MINNEAPOLIS CHAMBER OF COMMERCE.

Sales of leather belting

Monthly report i not published)

Maple flooring production, etc

N ot published

Canadian building contracts

Canadian Building Review

Receipts and shipments of lead and zinc
Mississippi River traffic
Hardwood and softwood lumber, production
and shipments.
Linseed oil and oil-cake shipments

Receipts and shipments at St. Louis..
Not published...
Not published*

Monthly.
3d month.

Monthly statements

NATIONAL ALLIANCE OF CASE GOODS
ASSOCIATIONS.
NATIONAL ASSOCIATION OF BRASS
MANUFACTURERS.
NATIONAL ASSOCIATION OF CHAIR MANUFACTURERS.
NATIONAL ASSOCIATION OF CORRUGATED AND FIBER BOX MANUFACTURERS.
NATIONAL ASSOCIATION OP FARM
EQUIPMENT MANUFACTURERS.
NATIONAL ASSOCIATION OF STEEL
FURNITURE MANUFACTURERS.
NATIONAL ASSOCIATION OF SHEET AND
TIN PLATE MANUFACTURERS.
NATIONAL ASSOCIATION
OF WOOL
MANUFACTURERS.
NATIONAL AUTOMOBILE CHAMBER OF
COMMERCE.
NATIONAL BOTTLE MANUFACTURERS'
ASSOCIATION.
NATIONAL INDUSTRIAL CONFERENCE
BOARD.
NATIONAL RETAIL DRY GOODS ASSOCIATION.
NATIONAL WOOD CHEMICAL ASSOCIATION.
N E W ORLEANS BOARD OF TRADE

Unfilled orders and shipments of furniture

Not published in form used..

Brass stop cocks, orders and shipments

Not published

Rice distribution through New Orleans

Monthly report

First week of month.

NEW ORLEANS COTTON EXCHANGE

Cotton receipts into sight

Monthly report

First week of month.

Chair shipments and unfilled orders

Not published in form used A

Production of paper-box board

Not published

Agricultural pumps
Steel furniture shipments

, Business conditions (Chicago Federal
Reserve).
Not published

Monthly.

Sheet-metal production and stocks

Not published

1913 figures for active textile machinery

No longer published

Production and shipments of passenger cars
and trucks.
Glass bottle production index

Traffic bulletin * (production figures not
published).
Not published

Second week of month.

Cost of living

Monthly press release

21st of month.

Department store trade (set Federal Reserve Federal Reserve Bulletin..
Board).
Production ot wood aloohol and acetate of lime. Not published

NEWS PRINT SERVICE BUREAU

Canadian newsprint production, etc

Monthly bulletin

N E W YORK COFFEE AND SUGAR E X CHANGE.
N E W YORK METAL EXCHANGE

Coffee receipts, stocks, etc

Monthly statement

Stocks of tin

Trade papers

N E W YORK TRUST COMPANY
NORTH CAROLINA PINE ASSOCIATION..
NORTHERN HEMLOCK AND HARDWOOD
MANUFACTURERS' ASSOCIATION.
NORTHERN
PINE
MANUFACTURERS'
ASSOCIATION.
OAK
FLOORING
MANUFACTURERS'
ASSOCIATION.
OHIO FOUNDRYMEN'S ASSOCIATION. . .
OPTICAL MANUFACTURERS' ASSOCIATION.
PENNSYLVANIA RAILROAD CO
PENSACOLA CHAMBER OF COMMERCE.
PHILADELPHIA MILK EXCHANGE
PORTLAND CEMENT ASSOCIATION
PULLMAN COMPANY
REFRACTORIES MANUFACTURERS' ASSOCIATION.
RICE MILLERS' ASSOCIATION
ROPE PAPER SACK MANUFACTURERS'
ASSOCIATION.
RUBBER ASSOCIATION OF AMERICA
SANITARY POTTERS' ASSOCIATION
SAVANNAH BOARD OF TRADE
SAVINGS BANKS ASSOCIATION OF STATE
OF N E W YORK.
SILK ASSOCIATION OF AMERICA

Indexes of stock and bond prices
The Index
North Carolina pine, production, etc
Hemlock and hardwood lumber production, Not published
etc.
Not published
Northern pine lumber and lath
Not published
Oak flooring, production, etc
Not published
Ohio foundry iron production
Monthly report * (not published;.
Not published
Spectacle frames and mountings, sales, etc

Monthly.




Stockholders in the company
Turpentine and rosin receipts
Milk receipts at Philadelphia
Cement paving contracts
Pullman passenger traffic
Fire-clay brick production, etc
Silica brick production, etc
Rice receipts, stocks, etc
Shipments of rope paper sacks
Si
f

Financial papers
Naval Stores Review
Not published
Concrete Highway Magazine..
Not published
Not published
Not published.
Mo:
Not pub

Automobile tires, tubes, and raw material
Sanitary pottery orders
Turpentine and rosin receipts
.._
Savings banks deposits in New York State....

Monthly reports (not published)_
Not published
Naval Stores Review
Not published

Monthly press release to trade papers *..
Raw silk consumption, etc
* Multigraphed or mimeographed sheets.

First week of month.
First week of month.
Monthly.

Quarterly.
Weekly.
Monthly.

Weekly.
5th of month.

196
SOURCES OF DATA—Continued.
DATA.

DATE OF PUBLICATION.

CURRENT PUBLICATION.

II.—REPORTS FROM TRADE ASSOCIATIONS AND PRIVATE ORGANIZATIONS—Continued.
(Excluding individual firms reporting data to be combined with other firms or trade associations.)
SOUTHERN FURNITURE MANUFACTURERS 'ASSOCIATION.
SOUTHERN PINE ASSOCIATION
STEEL
BARREL MANUFACTURERS'
ASSOCIATION.
STEEL FOUNDERS' SOCIETY
STOKER MANUFACTURERS' ASSOCIATION.
STRUCTURAL STEEL SOCIETY
TANNERS' COUNCIL
TUBULAR PLU?IBING GOODS ASSOCIATION.
TWIN CITY MILK PRODUCERS' ASSOCIATION.
U. S. STEEL CORPORATION

UNITED TYPOTHETAE OF AMERICA
WEST COAST LUMBERMEN'S ASSOCIATION.
WEBBING
MANUFACTURERS'
EXCHANGE.
WESTERN PINE MANUFACTURERS'
ASSOCIATION.

Furniture shipments and unfilled orders.

Not published in form used

Yellow pine production and stocks
Steel barrel s hipments
Sales of steel castings
Sales of stokers

Not published in form used
Monthly reports * (not published)..
Not published
Not published

Sales of fabricated structural steel
Leather production through May, 1922..
Tubular plumbing sales

Not published
Not published
Semi weekly reports

Milk production, Minnesota

Not published

Unfilled orders
Earnings
Stockholders
Wages of common labor
Printing activity

Press release *
Press release *
Financial papers
Special reports •
Typothetae Bulletin

Douglas fir lumber production, etc

Not published

Sales of elastic webbing

Not published

Western pine lumber production, etc.

Not published

lOlh of month.
Monthly.
Quarterly.
Occasionally.
Monthly.

DATE OF PUBLICATION.

ID.—REPORTS FROM TECHNICAL PERIODICALS.

ENGINEERING NEWS RECORD

Composite pig iron and steel prices
New York stock sales
N ew Yoflfc closing stock prices
Foreign exchange rates, 1914 to 1918
State and municipal bond issues
Muncipalbond yields
Visible supply oi wheat and corn
B auk clearings, United States and Canada
Price index
Business failures, Canada
Price index for France
Chemical price index
Mine price of bituminous coal
Cotton (visible supply)
,
Interest rates
Mail order and chain store sales
New corporate securities
New York bond sales
New York bond prices
Mexican petroleum shipments
Business failures
Price index
Rand gold production
Silver prices
Construction cost and volume index

FINANCIAL POST

Canadian bond issues

AMERICAN METAL MARKET
THE ANNALIST
THE BOND BUYER
BRADSTREET'S

BULLETIN DE LA STATISTIQUE GENERALE
CHEMICAL AND METALLURGICAL ENGINEERING..
COAL AGE
COMMERCIAL AND FINANCIAL CHRONICLE

Dow,

JONES & Co.

(WALL STREET JOURNAL)

DUN'S REVIEW
ENGINEERING AND MINING JOURNAL-PRESS

First or second week of month (daily).
First weekly issue of month (Mondays).
Weekly (Mondays).
Weekly (Mondays).
First weekly issue of month (Saturdays).
First weekly issue of month (Saturdays).
Weekly (Saturdays).
First weekly issue of month (Saturdays).
Second weekly issue of month (Saturdays).
First weekly issue of month (Saturdays).
Monthly.
Weekly (Wednesdays).
Weekly (Thursdays).
Weekly (Saturdays).
Weekly (Saturdays).
Second or third weekly Issue of month (Saturdays).
Last issue of month.
First week of month (dailv).
First week of month (daily).
20th of month (daily).
First weekly issue of month (Saturdays).
First weekly issue of month (Saturdays).
Second weekly issue of month (Saturdays).
Second weekly issue of month (Saturdays).
First weekly issue of month.
Weekly (Thursdays).

FRANKFURTER ZEITUNG

Price index for Germany

HAY TRADE JOURNAL

Hay receipts

IRON AGE

LONDON ECONOMIST

Pig-iron production
Composite finished steel price
Iron and steel prices
Railway freight car orders
Price index for United Kingdom

LUMBER

Price indices of lumber

First weekly issue of month (Thursdays).
Weekly (Thursdays).
Weekly (Thursdays).
First weekly issue of month (Thursdays).
10th of month.
First weekly issue of month (Fridays).

Southern construction
Southern bond issues
Milk receipts at Greater New York

Monthly.
Monthly.
Weekly.

Argentine visible supply of wheat and corn

Weekly.

Turpentine and rosin, receipts and stocks

Weekly (Saturdays).

IRON TRADE REVIEW

MANUFACTURERS' RECORD
MILK REPORTER

,

MODERN MILLER
NAVAL STORES REVIEW

,

NEUE ZURICHER ZEITUNG

Price index for Switzerland

NEW YORK JOURNAL OF COMMERCE

Dividend and Interest payments
New capital issues
New corporations
Fire losses
Newspaper advertising
Flaxseed, receipts, etc
Argentine grain shipments
Wheat flour production for 1917
Price indices of drugs, oils, etc
Argentine shipments and supply of flaxseed
Mexican petroleum shipments
Magazine advertising... i
Book production
Wheat flour production, from July, 1920
Sugar stocks, receipts, meltings, and Cuban statistics...
Price Index for 8weden

Monthly.
Weekly (Fridays).

N E W YORK EVENING POST
NORTHWESTERN MILLER
OIL, PAINT, AND DRUG REPORTER
OIL TRADE JOURNAL
PRINTERS' INK
PUBLISHERS' WEEKLY
RUSSELL'S COMMERCIAL NEWS
STATISTICAL SUGAR TRADE JOURNAL
SVENSK HANDELSTIDNING




First week of month (dally).
First week of month (daily).
First week of month (daily).
10th of month (daily).
Not published.
Weekly (Wednesdays).
Weekly (Wednesdays).
Weekly (Mondays).
Weekly (Mondays).
10th of month (monthly).
Second week of month.
Third week of month.
Weekly compilation (dally).
Weekly (Fridays).

IN

X.

Page numbers refer to data in detailed tables (47-192) only. Items in the table on "Trend of Business Movements" (pp. 26-47) 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 the 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.

Abrasives, paper and cloth
85
Acetate of lime, production
107
Advertising, magazine and newspaper.. 146
Agricultural
implements,
patents
granted
64
American Telephone & Telegraph Co.,
stockholders
170
American Wholesale Corporation, sales. 148
Animal fats, production, consumption
and stocks
108
Apples:
Production (crop estimate)
116
Stocks and shipments
117
Argentina:
Flaxseed, shipments and stocks
110
Foreign exchange rate
174
Grain, shipments and stocks
110
Australia:
Employment
188
Price index
159
Automobiles:
Production and shipments
73
Taxes
73
Tires and tubes
74
Bad-ordor cars
138
Bad-odor locomotives
140
Banks:
Clearings, Canada
182
Clearings, condition and debits
164
Barley:
Exports
120
Production (crop estimate)
116
Receipts (market)
118
Wholesale price
114
Beef, consumption, cold-storage holdings, exports, production and prices.. 124
Belgium:
Coal production
184
Employment
188
Foreign exchange rate
174
Metal production
186
Belting, leather, sales
76
Bonds, issues
168
Boots and shoes:
Exports and prices
78
Production
76
Book publications
82
Bottles, glass, production
87
Boxes, paper, production, etc
84, 85
Brazil:
Coffee, receipts, and clearances
130
Foreign exchange rate
174
Bricks, production, stocks, etc
100
British India:
Foreign exchange rates
174
Price index
159




Page.
Building:
88 90
Contracts awarded
87
Costs
87
Volume, index
Building contracts, Canada
181
Building materials, price index
157
Burlap, imports
53
Business failures
168
Butter, production, receipts, prices, etc. 128
Canada:
Bank clearings, bonds, and business failures
182
Coal production
184
Employment
182,188
Exports of key commodities
182
Foreign exchange rate
174
Foreign trade
182
Iron and steel production
186
Paper, buildings, and railroad operations
181
Price index
159
Canals, traffic through
136
Candy, sales
146
Capital issues, new
168
Cars, freight:
Loadings, shortage and surplus... . 138
Orders for construction
62
Castings, steel
60
Cattle:
Receipts, shipments and slaughter. 122
Wholesale price
114
Cement, production, stocks, prices, etc. 104
Cereals:
Exports
120
Production, United States
116
Receipts, production, etc
118
Shipments and stocks, Argentina. . 110
Chain stores, sales
148, 150
Cheese:
Cold-storage holdings
128
Exports from Canada
182
Production, receipts, and prices. . . 128
Chemicals:
Exports and imports
106
Price index
157
Production, prices, wood consumption, and stocks
107
Chile, foreign exchange
174
Cigars and cigarettes, consumption. . . . 134
Citrus fruits, car-lot shipments
117
Clothing, cost of, index numbers... 156,157
Coal:
Exports from United K i n g d o m . . . . 190
Exports from United States
68
Foreign production
184
Loadings
138
Production, stocks, and prices. . . . 68
(197)

Page.

Coconut oil, consumption and stocks... 112
Coffee, imports, stocks, and Brazilian
movement
130
Coke, production, exports, and prices.. 68
Cold-storage holdings:
Apples
117
Butter and cheese
128
Eggs, fish, and poultry
129
Meats
124
Common labor, wages
131
Comparison, volume of production. . . . 48
Concrete pavements, contracts
104
Condensed and evaporated milk
126
Condition, banks
164
Construction:
Contracts awarded, building. . . . 88, 90'
Contracts, building, Canada
181
Cost And volume indexes
87
Copper, exports, prices, and production 66
Copra, consumption and stocks for oil.. 108
Corn:
Exports from United States
120
Production (crop estimate)
116
Receipts, shipments, grindings, and
visible supply
118
Shipments and visible supply,
Argentina
110
Wholesale price
114
Corn germs, consumption and stocks for
oil
108
Corn oil, production, consumption, and
stocks
112
Corporate issues
168
Corporation stockholders
124
Cost of living
156
Costs, building construction
87
Cotton:
Consumption, ginnings, receipts,
exports, imports, stocks, and production
50
Prices
56
Spindles, active
54, 55
World production
47
Cotton fabrics:
Cloth, exports
52
Consumption by tire manufacturers. 74
Exports from United Kingdom. . . . 190
Fine goods, production and sale
52
Knit underwear, production
52
Price, wholesale, print cloth and
sheetings
56
Cotton yarn, price, wholesale
56
Cottonseed oil:
Production, c o n s u m p t i o n , a n d
stocks
111,112
Wholesale price
114

198
I N D E X—Continued.
Page numbers refer to data in detailed tables (47-192) only. Items in the table on "Trend of Business Movements" (pp. 26-47) 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 the 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.

Cottonseed stocks
105
Credit conditions:
Indebtedness and orders, wholesale
trade
172
Payments, wholesale trade
171
Crops:
Cotton
50
Food crops, production and value.. 116
Prices, index numbers
157
Prices, producers' and wholesale... 114
Tobacco
134
Cuba, sugar movement
132
Customs, receipts
160
Czechoslovakia, coal production
184
Debits to individual accounts
164
Debt, United States Government
160
Denmark, employment
188
Department stores:
Sales
148,150
Stocks
151
Detroit, employment
154
Dividend and interest payments
168
Dress goods, wholesale price
56
Drugs and pharmaceuticals, wholesale
price index
107
Dyes and dyestuffs, exports from United
States
106
Earnings:
Express companies
140
Labor, Wisconsin factories
154
Public utility
142
Railroads
140
Telephone and telegraph companies
142
Eggs, cold-storage holdings and receipts. 129
Elastic webbing, sales
53
Electric power, production
68
Emigration
154
Employment:
Agencies, State and municipal.... 152
Canada
182
Factories and railroads
154
Foreign countries
188
Enameled ware, orders, shipments, and
stocks
102
Expenditures, United States Government
160
Exports. (See Foreign trade and individual commodities.)
Express earnings, revenues, and incomes
140
Fabricated structural steel, sales
62
Factories, employment in
154
Farm prices, index
114
Farm products, prices
157
Federal reserve banks, condition of
164
Federal Reserve Board:
Price index
158
Production indexes
48




Federal reserve districts:
Page.
Department store stocks
151
Dry goods
145
Groceries and drugs
144
Hardware and shoes
443
Retail sales, department and chain 151
stores
150
Savings deposits
162
Wholesale trade index numbers.. 143,
144,145
Fertilizer, exports
106
Fiber, imports
53
Fish, catch and cold-storage holdings. . 129
Fish oil, production, consumption, and
stocks
112
Flaxseed:
Consumption and stocks for oil...-.. 108
Receipts, shipments, and stocks... 105
Shipments and visible supply,
Argentina
110
World production
192
Flooring, production, shipments, stocks,
etc
98
Flour, wheat:
Production,
consumption, and
stocks
118
Wholesale price
114
Food, cost of, index numbers
156,157
Foreign countries:
Coal production
184
Employment
188
Metal production
186
Price comparisons
159
Foreign exchange rates and index
numbers
174
Foreign trade:
Canada
182
United Kingdom
190
United States imports
176
United States exports
178
Vessels in United States ports
136
Forest products, car loadings
138
France:
Coal production
184
Foreign exchange
174
Iron and steel production
186
Price index
159
Freight cars:
Bad order, loadings, shortage, and
surplus
138
Orders for construction
62
Freight rates, ocean
136
Fruits, car-lot shipments
117
Fuel, cost of, index numbers
156,157
Furnishings, cost of, index numbers.. 156,
157
Furniture, shipments and unfilled
orders
92
Furniture, steel, shipments
62
Gas and electric companies, earnings.. 142

Gas and fuel oil, production and stocks.. 72
Gasoline, consumption, exports, production, and stocks
70
Germany:
Coal and lignite production
184
Employment
188
Foreign exchange rates
174
Glass, bottles and illuminating ware,
production, etc
87
Gold receipts, exports, imports, and
Rand output
180
Government finances: Debt, receipts,
and disbursements
160
Grains:
Exports
120
Loadings
138
Production, United States.
116
Production, world, wheat
47
Receipts, shipments and visible
supply
118
Shipments and visible supply,
Argentina
110
Grease, production, consumption, and
stocks
108
Hay:
Production
116
Receipts
117
Hides and skins:
Imports and prices
78
Production and stocks
76
Hogs:
Receipts, shipments, and slaughter. 122
Wholesale price
114
Housing, cost of, index numbers
156
Ice cream, production
126
Illinois, employment
154
Illuminating glassware, production, etc. 87
Immigration
154
Imports. (See Foreign trade and individual commodities.)
Indebtedness, wholesale trade
172
Index numbers, wholesale trade, Federal reserve districts
143,144,145
India. (See British India.)
India rubber, prices and imports
74
Insurance, life, new business
161
Interest rates
164
Internal revenue, automobile taxes... 73
Iron and steel (see also Pig iron .and
steel):
Crude steel, production, stocks,
prices, etc
60
Export, imports, production and
prices
58, 62
Exports from United Kingdom.... 190
Finished products
62
Iron, foundry, Ohio
58
Iron ore movement, Sault Ste. Marie
canals
58

199
INDEX—Continued.
Page numbers refer to data in detailed tables (47-192) only. Items in the table on "Trend of Business Movements" (pp. 26-47) 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 the 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.

Issues, new capital
168
Italy:
Foreign exchange
174
Price index
159
Japan:
Coal production
184
Foreign exchange rates
174
Price index
159
Jobs, registered and applicants for
152 ,
Kerosene oil, production and stocks
72
Kresge, S. S. Co., sales
148
Kress, S. H. & Co., sales
148
Labels, paper, production, and orders.. 85
Labor:
Earnings
154
Employments
152, 154
Lamb and mutton, cold-storage holdings and production
124
Lead, receipts, shipments, and prices... 66
Leather:
Belting, sales of
76
Exports and prices
78
Production and stocks
76
Life insurance, new business
161
Light, cost of, index numbers
156,157
Lignite, foreign production
184
Linseed oil:
Production,consumption,and stocks 112
Shipments
Ill
Linseed-oil cake, shipments
Ill
Live stock:
Loadings
138
Prices, index numbers
157
Receipts, shipments, and slaughter. 122
Living, cost of
156, 157
Locomotives:
Bad order
140
Shipments and unfilled orders
62
Lubricating oil, production and stocks. 72
Lumber, production, stocks, prices,
etc
92, 94, 96
Luxemburg, iron and steel production. 186
McCrory Stores Corp., sales
148
Magazine, advertising
146
Mail-order houses, retail sales
148
Manufacturing indexes. .
48
Moat and meat products, production,
holdings, consumption, exports, and
prices
124
Metal production, foreign
186
Metal products, patents granted by the
U. S. Patent office
64
Metals, price index
157
Mexico, petroleum shipments
70
Milk, production, receipts, etc
126
Mississippi River, cargo traffic
136
Money in circulation
160
Money orders, domestic and foreign
146
Montgomery Ward & Co., sales
148
Municipal bonds, issues
168
Municipal bonds, yields
166




Page.

Mutton, production and cold-storage
holdings
Naval stores, receipts and stocks
Netherlands:
Coal production
Employment
Foreign exchange rates
New capital issues
New corporations
New York State:"
Canal traffic
Employment
Savings-bank deposits
New York Stock Exchange, sales
Newspaper advertising
Newsprint paper:
Canada, production, etc
Production, exports, stocks, prices,
etc
Nitrate of soda, imports
Nonferrous metals, production, exports,
prices, etc
Norway, employment
Oats:
Exports
Production (crop estimate)
Receipts and visible supply
Shipments, Argentina
Wholesale price
Ocean freight rates
Ohio, foundry, iron production
Oils:
Essential, wholesale price index...
Vegetable and fish
Oleomargarine, production and consumption
Onions, car-lot shipments
Optical goods, sales and unfilled orders.
Ore, car loadings (see also Iron ore)
Owl Drug Co., sales
Panama Canal, traffic
Paper:
Boxes, corrugated and iSolid fiber..
Folding boxes, labels, and sacks
Newsprint
Production and stocks, other grades.
Patents granted, metals
Pay roll: New York and Wisconsin
factories
Payments, dividend and interest
Peanut oil, production, consumption,
and stocks
Peanuts, hulled, consumption and
stocks for oil
Penny, J. C, Co., sales
Pennsylvania Railroad Co., stockholders
Petroleum, crude, production, consumption, etc
Pig iron:
Prices, production, etc

124
98
184
188
174
168
168
L36
154
162
166
146
181
80
106
19
188
120
116
118
110
114
136
58
107
112
Ill
117
87
138
148
136
84
85
80
82
64
154
168
112
108
148
170
70
58

Pig iron—Continued.
Page.
Production, foreign countries
186
Poland, coal production
184
Pork, production, consumption, coldstorage holdings, exports, and prices. 124
Postal receipts
146
Potash, imports
106
Potatoes:
Car-lot shipments
117
Production (crop estimate)
116
Pottery, sanitary, orders received
102
Poultry, receipts, and cold-storage holdings
129
Power, electric, production
68
Price index (see also Individual commodities) :
Bradstreet's (wholesale)
158
Building and construction costs
87
Department of Labor (wholesale).. 157
Drugs and chemicals
107
Dun's (wholesale)
158
Farm products
157
Federal Reserve Board (wholesale). 158
Food, retail
157
Foreign
159
Stocks and bonds
166
Prices:
Brick
100
Butter and cheese
128
Cement
104
Coal and coke
68
Comparison, wholesale
159
Drugs and chemicals
107
Farm products
114
Flour
114
Hides and leather products
78
Iron and steel
60
Lumber
94, 96
Meats
124
Newsprint paper
80
Nonferrous metals
66
Petroleum
70
Pig iron
58
Rubber
74
Silver
180
Sugar
132
Textiles
56
Tobacco
134
Printing, activity and sales
80
Production. (See Individual commodities.)
Production indexes
48
Public finance
160
Public utility earnings
142
Railroad operations, Canada
181
Railroads:
Employment
154
Financial operations and traffic
140
Freight car movement
138
Raw materials, Department of Commerce indexes
48

200
INDEX—Continued.
Page numbers refer to data in detailed tables (47-192) only. Items in the table on "Trend of Business Movements" (pp. 26-47) 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 the 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.

Receipts, United States Government.. 160
Retail sales, Federal reserve districts.. 150
Retail trade
^
148
Rice:
Exports, imports, receipts, shipments, and stocks
121
Production (crop estimate)
116
World production
192
Rope paper sacks, shipments
85
Rosin, receipts and stocks
98
Rubber:
Consumption by tire manufacturers
74
Imports and prices
74
Rye:
Exports....
120
Production (crop estimate)
116
Receipts
118
Wholesale price
114
St. Louis, lead and zinc movement.... 66
Sales, retail
148
Sales, wholesale, Federal reserve districts
143,144,145
Salmon, canned, exports from Canada.. 182
Sanitary ware, orders, shipments and
stocks
102
Sault Ste. Marie Canal traffic
136
Savings deposits
162
Sears, Roebuck & Co., sales
148
Sheep:
Receipts, shipments, and slaughter. 122
Wholesale price
114
Shelter, prices of, index numbers
156
Ships, building and movements
62
Silk, consumption, imports, and stocks. 53
Silk, raw, wholesale price
56
Silver, exports, imports, production,
and prices
180
South Africa, coal production
184
Spectacle frames and mountings, sales
and unfilled orders
87
Steel:
1 >arrels and drums
64
Castings
60
Prices, production, etc
60
Production, foreign countries
186
Sheets, production, stocks, etc
60
Stokers, sales
64
Structural, sales
62
Steel furniture, shipments
62
Steel ingots, production
60
Stockholders, corporations
170




Sugar:
Page.
Exports, stocks, prices, production,
etc
131,132/
World production
192
Suitings, wool, wholesale price
56
Sulphuric acid:
Exports
106
WTiolesale price
107
Sweden:
Employment
188
Foreign exchange rates
174
Price index
159
Switzerland:
Foreign exchange rates
174
Price index
159
Taxes:
Automobiles and accessories
73
Theater admissions
146
Tea, imports into United States
130
Telegraph and telephone, revenues and
earnings
142
Ten-cent store, sales
148
Textiles:
Active machinery
54,55
Cotton
50
Knit underwear
52
Silk and miscellaneous
53
Wholesale prices
56
Wool
49
Theaters, taxes
146
Tin, imports, prices and stocks
66
Tires, production, stocks, and shipments 74
Tobacco, production, exports, prices,
etc
134
Turpentine, receipts and stocks
98
Underwear, knit, production, shipments, orders, etc
52
Unemployment, Pennsylvania
154
United Cigar Stores Co., sales
148
United Kingdom:
Coal production
184
Employment
188
Foreign exchange rates
174
Imports, exports, and reexports
190
Iron and steel production
186
Price index
159
Zinc stocks
186
United States, factory employment
154
United States Government:
Debt, receipts, and expenditures.. 160
Postal receipts
146
United States, postal savings
162

o

United States Steel Corp.:
Earrings and unfilled orders
60
Stockholders
170
Value of crops
116
Vegetable oils:
Exports and imports
Ill
Production, c o n s u m p t i o n and
stocks
112
Vessels, construction, cleared, and
entered
136
Wages, common labor
131
Walnut, lumber and logs
92
Ward, Montgomery & Co., sales
148
Webbing elastic, sales
53
Wheat:
Exports from Canada
182
Exports from United States
120
Production (crop estimate)
116
Receipts, shipments and visible
supply
118
Shipments and visible supply,
Argentina
110
Wholesale price '
114
World production
57
Wheat flour:
Production, consumption, and
stocks
118
Wholesale price
114
Wholesale sales, Federal reserve districts
143;144,145
Wisconsin, employments
154
Wood alcohol, production, stocks of
wood, etc
107
Wood pulp, production, consumption,
imports, an'' stocks
86
Wool:
Consumption, imports, receipts,
and stocks
49
Machinery, active
54, 55
Price, wholesale
56
Woolens, exports, United Kingdom.. 190
Woolworth, F. W., Co., sales
148
Workers, registered and placed
152
World production:
Cotton and wheat
47
Sugar, flaxseed, and rice
192
Worsted yarn, wholesale price
56
Zinc:
Price, production, stocks, etc
66
Production in Belgium
186
Stocks in United Kingdom
186