Full text of Survey of Current Business : May 1928
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UNITED STATES
DEPARTMENT OF COMMERCE
WASHINGTON
SURVEY OF
CURRENT BUSINESS
MAY, 1928
No. 81
'
CQMPILED B Y
• , • < • • .
BUREAU OF THE CENSUS
,
IN COOPERATION WtTH
BUREAU OF FOREIGN AND DOMESTIC COMMERCE
AND
BUREAU OF STANDARDS
*
IMPORTANT NOTICE
,Jh addition to figures given from Government sources, there are also incorporated, for completeness of
service figures from other sources generally accepted by the "trades', the authority and responsibility
v« for which are noted in the "Sources of Data" on pages 139-142 of the February semiannual issue
Subscription price of the SURVEY OF CURRENT BUSINESS is 31.50 a year; single copies {monthly), 10 cents; semiannual issues, 25 tfcnts.
Foreign subscriptions, 22.25; single copies (monthly issues), including postage, 14 cents; semiannual issues^ 3$ cents. Subscription
price of COMMERCE REPORTS, is #4 a year; with the SURVEY, $5.50 a^ year. Make remittances only t6 Superintendent of Documents,
Washington, D* C , by postal money order, express order, or New York draft. Currency at senderVrisk. IPostage stamps or foreign
*. 1 • ' -" ,
, money not accepted
.
^
<
B.I,«OVEfi!llltMT ritHTII* OFFJC1. l
INTRODUCTION
T a n SUKVEY OF CURRENT BUSINESS is designed to
present each month a picture of the business situation
by setting forth the principal facts regarding the various lines of trade and industry. At semiannual intervals detailed tables are published giving, for each item,
monthly figures for the past two years and yearly
comparisons, where available, back to 1913; also blank
lines sufficient for six months have been left at the
bottom of each table enabling those who care to do
so to enter tiew figures as soon as they appear (see
issue for February, 1928> No. 78). In the intervening
months the more important comparisons only are
given in the table entitled " Trend oi business movements."
/
, WEEKLY. SUPPLEMENT
,
Realizing that current statistics are highly perish- j
able and that to be of use they must reach the business f
man at the earliest possible moment; the department
has arranged to distribute supplements every ^eqk to
subscribers in the United States. The supplements are
usually mailed on Saturdays and give such information
as hks been received during the week ending on the
preceding Tuesday. The monthly information contained in these bulletin is republished in the SURVEY,
and the supplements also contain charts and tables
of weekly data.
BASIC DATA
The, figures reported in the accompanying tables are
very largely those already in' existence. The chief
function of the department is to bring together these
data which, if available at all, are scattered in hundreds of different publications. A portion of these
data are collected by Goveroment departments, other
figures are compiled by technical journals, and still
. others are reported by trade associations.
RELATIVE NUMBERS
To facilitate comparison between different important items and to chart series expressed in different
units, relative numbers (often called " index nuru;bers," a term referring more particularly to a special
kind of ;numfcer described below) have been calculated.
In computing these relative numbers the last prewar year, 1913, or the first postwar year, 1919, have
.usually been used as a base equal to 100 wherever
/possible. More lately the average for 1923-1925 has
been frequently taken as 100.
The relative numbers are computed by allowing the
monthly averagb for the base year or period to equal
100v If the movement for a current month is greater
than the base, the relative number will be greater than
100, and vice versa. The difference between 100 and
the relative number will give at once the per cent
increase or decrease compared with the base period.
Thus a relative number of 115 means an increase of 15
per cent over the base period/ while a relative number
of
80 means a decrease of 20 per cent frorn the base. ,.
1
Relative numbers may ajso be used to calculate the
approximate percentage increase or decrease in a move-
ment from one period to the next. Thus, if a relative
number at one month is 120 and for a later month it
is 144 there has been an increase of 20 per cent.
,• .'
,
INDEX NUMBERS -'
„.
When two or more series of relative numbers are
combined by a system of weightings, the .resulting
series is denominated an index number. The index
number, by combining many relative numbers, is
designed to show the trend of an entire group of
industries or for the country as a whole, instead of for
the single commodity or industry which the relative
number covers. Comparisons with the base year or
with other periods are made in the same manner as in
the case of relative numbers.
RATIO CHARTS
In many instances the charts used in the SURVEY
are of the type termed "Ratio
Charts" (logarithmic scale), notably the Business,
Indicator charts on page 2; These charts show the
percentage increase and allow diredt comparisons
between the slope of one curve and that,of any tithfcr
curve regardless of its location on the diagram; that
is, a 10 per cent increase in an item is given the same
vertical movement whether its curve is near the bottom or nea^ the top of the chart. The. difference
between this and the ordinary arithmetic form of
chart can be made clear by an example* If & certain
item, having a relative number of 400 in one month,
increases, 10 per cent in the following month, its
relative number will be 440, and on an ordinary
chart would be plotted 40 equidistant scale points
higher than the preceding months. Another movement with a relative number of? say, 50 also increases
10 per cent, making its relative number 55. On the
ordinary (arithmetic) scale this item would rise only 5
equidistant points, whereas the previous item rose 40
points, yet each showed the same percentage increase.
The ratio charts avoid difficulty and give ! to each
of the tw6 movements exactly the' same vertical rise,
and hence, the slopes of the two lines a;re directly
comparable. The ratio charts. compare percentage
changes while the arithmetic charts comjpare absolute
changes.
.
„
RECORD BOOK
As an aid to readers in comparing present data
with monthly statistics in previous years, the department is compiling a RECORD BOOK 6 F BUSINESS
STATISTICS, in which data now carried in the SUKVEY
OF CURRENT BUSINESS are shown by months ais far
back as 1909, if available. Full descriptions of the
figures and reports of how the data are used in actual
practice by business firms are contained in the RECORD
BOOK. The sections covering textiles and metals have
already been issued and may be obtained for 10,cents
per copy from the Superintendent of Documents, Government Printing Office, Washington, D. C. (Do not
send stamps.) Notices of other sections will be given
in the SURVEY &S they are issued.
OP CURRENT BUSINESS
This issue presents practically complete data for the month of March and contains text covering the early weeks of
April (page 1), for which the basic figures in table and chart form are presented regularly in the weekly supplements*
As most data covering a particular month's business are not available until from 15 to SO days after the close of the month,
a complete picture of that month's operations can not Represented at an early date, but the weekly supplements give every
week the latest data available*
;
UNITED STATES DEPARTMENT OF COMMERCE
SURVEY OF
CURRENT BUSINESS
COMPILED BY
BUREAU OF THE CENSUS
IN COOPERATION WITH
BUREAU OF FOREIGN AND DOMESTIC COMMERCE AND BUREAU OF STANDARDS
May, 1928
WASHINGTON
No. 81
CONTENTS
INDEX BY SUBJECTS
SUMMARIES
Page
Preliminary summary for April
1
Business conditions in March
4
Business indicators (table and charts)
2, 3
Wholesale prices (table and charts)
o, 6, 7
Indexes of business (production, prices, sales, etc.)
15
Automobiles, building, mining, manufacturing, electric
power, and transportation (charts)
8
Prospective car loadings, second quarter of 1928
18
NEW DETAILED TABLES
Sales of mail-order houses and chain stores (revised)
Men's and boys' garments cut (revised)
Blank forms, new orders
Cash checks, shipments
Ocean pearl buttons
20
48
48
48
48
Textiles
Metals and metal productsFuels
Automobiles and rubber
Hides and leather
Paper and printing
Building construction and housing
Lumber products
Stone, clay, and glass products
Chemicals and oils
Foodstuffs and tobacco
Transportation and public utilities
Employment and wages
Distribution movement (trade, advertising, etc.).
Banking and finance
Foreign exchange and trade, gold and silver
Text
page
Table
page
22
9
24
10
28
11
11 27,29
11
30
11
31
12
32
12
32
12
34
12
35
13
37
14
40
42
5
43
14
14
44
14
47
PRELIMINARY SUMMARY FOR APRIL
Business during the early weeks of April, as indicated by the^volume of checks passing through the
banks for payment, was larger than during the corresponding period of 1927. The volume of new
building contracts awarded was running higher than
in the preceding month, and somewhat lower than a
year ago. Steel operations, although averaging higher
than in March, were lower than in April of last year.
Activity in the automobile industry, as reflected by
employment data covering Detroit factories, was
greater than in either the previous^month or Aprilf
1927. Interest rates on time money averaged higher
than in either prior period. Loans and discounts of
Federal reserve member banks reached a new high
point during the month.
The general level of wholesale prices continued to
rise and for the month was only slightly below the
average for the year 1926. Prices for iron and steelf
however, exhibited a tendency to weaken, being lower
also than in the same month of last year. Copper
prices, on the other hand, were stronger than in either
prior comparative period. Prices for cotton averaged
101022—28
1
higher than in either the previous month or in April
of last year.
Prices for stocks listed on the New York Stock Exchange reached a new high record during the month,
while bond prices, reflecting stronger interest rates,
showed a tendency to decline. Interest rates on call
loans averaged higher than at any time in months,
while brokers' loans increased during the month to the
highest point for all time. Business failures were less
numerous than in March, but showed little change
from a year ago.
The production of lumber, although running smaller
than in March, was considerably larger than in April,
1927. Bituminous coal production was lower than in
either prior period. The output of beehive coke was
only about half as large as a year ago. Car loadings of
freight were running lower than in March, showing a decline also from last year. Petroleum production was
running higher than in March, but was lower than a year
ago. Receipts of hogs at primary markets, although
ower than in March, were higher than a 3^ear ago
Cattle receipts, however, were lower than last year.
MONTHLY BUSINESS INDICATORS, 1920-1928
[Ratio charts—see explanations on inside front cover. The curves on check payments, wholesale trade, sales of mail-order houses and 10-cent chains, and department stores
have been adjusted for normal seasonal variations, and that on manufacturing production for the varying number of working days in the month]
1924
! 1925
i 1926
i
1923
1927
| 1924
I 1925
1 1926
I FACTORY EMPLOYMENT j
1927
I928_
|!20
-100
sy
V^-'fy^/
SALES BY
MAI
0*
!
s
s
yW*^U,..,,.,. '^LES BY TEN CENT CHAIN S
NET TON-M!LE OPERATION^
!2O
80 g
!40 §
20
z
iOO 2
BO
Q
Z
MONTHLY BUSINESS INDICATORS
The principal business indicators are shown below, all calculated on a comparable basis, the average for the years 1923 to 1925,
inclusive. Thus the table gives a bird's-eye view of the business situation in a concise form, so that trends of the principal indicators
may be seen at a glance.
Certain indicators, in which there is a marked seasonal movement, are shown with the average seasonal variations eliminated,
a3 noted below. In this manner a more understanding month-to-month comparison may be made.
MONTHLY AVERAGE
1927
1923
I 1923 1924 1925 1926 | 1927 Jan. Feb. Mar. Apr. May June | July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar.
1923-1925 monthly average=100
Manufacturing production:
f Total
Pig iron
Steel ingots
Automobiles
Cement
Lumber (5 species)
Cotton (consumption)
Wool (consumption
102.3
111.7
104.8
101. 5|
92.1
98.6
105. 9
112.8
94.3
86.7
88.7
90.9
99.
96.2
89.7
94.6
103.8! 106.9
101.5! 109.0
106.4 113.1
107.7 108.5
108.1 110.0
105.2 101. 5
104.4 108.5
92.6 89.7
104.5 98.3 108.' 114.3 113.4; 116.0 113.4 107.6
101.0 103.9 98.4 116.6 114.5! 113.5 103.4 98.8
104.6 109.6 110.3 131.2| 119.4J 117.1 101.1 92.7
85.7 72.4 92.3 119.5 122.6 122.4 97.5 81.3
115.3 66.4 59.4 92.1 113.0! 134.4 138.6 140.1
94.9 78.9 86.0 91.6 91.0! 101.9
96.5
120.3 117.8 115.0 135.3 120.6! 123.3 129.1 110.9
97.0 97.9 97.0 114.5 92.8J 93.6 95.0 84.1
98.7
107.6 105.0 103.4
98.6 92.9 93.2 88.6 90.2 96.1
101.2 94.6 95.9 90.5 91.9 115.4
93.5 78.9 66.5 40.7 40.4 70.2
147.4 140.8 138.2 116.3 96.5 78.6
107.5 105.8 101.5 94.4 82.9 79. 6jj
123. 41 122.2 119.4 121.9 105.9 113. 5J
98.1 101.6 103.7 97.8 88.0 95. 2|
109.0
97.1
117.0
98.0
70.7
90.6
J 111.8
102.0
111.3
107.1
130. 4,
125.0
82.3
113.3
98.7
I
Raw material output:
Total
Animal products
Crops
Forest products
Minerals (all)
Crude petroleum
B ituminous coal
Copper
97.6
101.0
92.2
99.2
104.5
99.4
108.0
93.4
102.4
101.1 97. 8
107.0| 100. ?
97.5 103.4
96. 5 98. 9
96.91 103.7
92.5 99.5
100.2 106.4
104.0
98.8
106.2
97.5
107.4
104.1
109.7
110.2
106.8
101.2
112.5
94.7
107.2
121.4
104.8
96.1
110.4
80 1
112.1
116.4
130.6
104.9 115.5
92.9
85.4
93.2
84.3
104.4
110.6
121.4
104.9
82.9j 91.1 88.1; 90.2 113.8 138.1
102.0 102. 7j 116.1 107.31 97.7 97.6 94.0
84.7 61. o| 63.1 62.6) 76.3 124.4 185.5
92.2 94.2J 103.4 101.6| 94. 103.3 101.6
115.3 96. 71 108.2 107.6J 103.0 115.1 109.5
122.7 118.2 124.2 121.4! 127.6 127.1 122.3
138.1 79.6J 81.2 84. l! 77.2 95.7 96.2
105.1 107.8 108.6 105.4| 99.4 102.0 100.0
154.4
102.4
215.8
98.0
113.7
125.6
101.0
106.1
127.6
107.8
157.1
95.7
102.6
120.2
93.3
103.2
107.
106.0
115.8
87.4
98.6
120.7
94.8
101.9
Power and construction:
Electric power
Building contracts (37 States)
92.5
89.7
97.1
101.0
94. 6J
83.1
99.5
117.8
101.5
103.81
i
91.1! 9
98.2! 104.6
84.7J 84.1
89.11 96.3
94. 0J 100.4
110.9! 121.3
94.9! 100.9
102.2] 106.4
98.11 109.5 122.6 132.4 136.2 123.0 136.4! 129.3] 131.6 129.5 129.2 133.5 131.7 138.2 137.1 143.8 144.9) 137.2 144.0
92.7 117.6 111.0 106.8 80.2 ,82.6 132.4 126.0! 111.6 118.6! 102.4 110.1 101.9 115.0 105.2 95. 2 96.0| 103.7 132.7
Unfilled orders:
General index
U. S. Steel Corporation
121.7
125.8
Stocks:
* General index
* Manfd. commodities (28).
Cotton
Copper (refined)
88.9 102.2 108.9 129.5 139.6 139.7 142.5 136.1! 129.1 134.6 132.8| 141.4 152.7 145.8 140.1 14a 9
86.6 104.1 108.6 109.4 120.0 118.4 115.6 115.1 115.5 118.0 116.9) 121.3 127.9 127.9 125.2 120.9
102.5 91.4 106.2 145.5 153.2 210.7 196.2 172.1 148.2| 124.0 100.3! 85.8 87.6 135.2 179.8 200.0
91.1 87.7 95.5 85.l| 92.2 82.7 76.4 74.1 80.3
106.4 113.9 73.1 64.8 85.4 83.0
87.0
83.6
91.3
90.6
84,6
82.1
74.0
71.1
82.7
79.6
81.5
75.3
81.2
74.4
77.2
72.4!
74.3
72.2; 72.1
63.9J 65.8
j
71.5
66.9
69.9
65.9
67.0
70.0
67.1
72.4
71.5
83.2
81.2
89.5
81.6j 80.3
92.l! 90.8
139.3 137.5 150.0 137.9
116.9 127.8 126.2 124.1
195.8 178.8 159.1 135.7
84.2 85.2 76. 8 77.1
Employment:
Factories
106.6
Prices:
Farm products, to producers
Wholesale, all commodities
Retail food
Cost of living (including food)
Distribution (values):
* Bank debits, 141 cities
* Wholesale trade
* Department stores, sales
* Mail-order houses, sales
c
10-cent chains, sales.
Imports
Exports
Transportation:
* Car loadings
Freight, net ton-miles..
97.8
99.7
97.6
96.3! 97.2
98.0
94.3
95.3
97.4
96.6! 95.6
95.0! 93.1
93.2
93.8
93.4
91. 2 91.8
91.6! 90.7
99.3
97.1 i 106.5 98.6 94.9 91.3 92.0 91.3 90.6 91.3 94.2 94.2 95.7 101.4 100.7 99.3
97.2| 102.6 99.11 95.4 95.7 95.0 93.7 92.9 92.9 93.0| 93.3 94.4 95.6 96.1 95.8 95.9 95.4[
97.6 104.9 107.6j 103.6 106.2 104.2 102.9 102.9 103.6 106.2 102.9 101.6 102.9 104.3 104.9 104.2 103.6
99.9 99.2
100. 5 98.7 98.7 nn 0 nn 0
99.9 102.3 102.3 99.9 101.7 100.5
|
|
|
j
91.2 96.7 111.9 119.6 132.5 123.6
101.0 98.0 101.0 98.0 95.0 94.0
98. 0
103.0 106.0 106.0 106.0
92.0 98. OJ 110.0 115. 0| 120.0 111.0
88.0 99.0! 113.0 125.0 138.0 130.0
97.8 93.11 109.0 114.3 107.9 110.5
! 91.5 100.8 107.8 105.5 106.8 110.5
102.2
97.0
129.7! 127.8 137.6
93.01 95.0 100.0
104. 0j 103.0 111.0
121.0! 127.0 133.0
135.o! 139.0 140.0
109.9| 98.9 114.2
94.o! 90.1 98.7
141.0
96.0
109.0
122.0
141.0
105.9
112.0
97.8| 99.3
95.5; 95.1
101.3 101.2
98.4! 98.1
130.7
91.0
105.0
117.0
144.0
110.1
128.7
132.1
95.0
107.0
119.0
140.0
106.6
121.4
136.9
93.0
111.0
128.0
147.0
102.5
107.4
142.1 149. 6: 164.8
95.1 97.0 92.8
105. Oj 105.0 105.0
113. 0J 116.0 113.0
140.0 142. 0! 142.0
104.6 108. 7| 117.7
108.2 97.8 111.4
97.6| 102.8 106.8 104.0 106. 7 107.8 135.3 108.6 108.8 102.6 102.7 103.3 103.3 101.3
95.9| 101.9 109.1 101.5 105.1 99.8 112.1 99.4 107.5 103.1 102.9 112.5 115.1 122.1
95.2
99.8
96.8
92.7
98.0 101.8, 129.0
97.2 95.7!
120.0
92.2
96.4
114.4
168.5
186.4
85.5
121.4[
91.0J
92.2j
114.9]
171.6!
190.0J
85.3!
123.2
92.2
86.5
115.6
171.1
193.7
120.9
132.3
95.0
106.0
112.0
133.0
96.2
98.2
136.6
96.0
105.0
117.0
128.0
117.1
107.7
134.3
94.0
105.0
113.0
137.0
116.3
109.4
127.7
95.0
103.0
118.0
132.0
107.3
103.5
Finance:
Member bank loans and discounts. 94.1 98.5 107.4 112.9 117.3 113.4
Interest rate (commercial paper).. 115.9 90.8 93.4 98.5 93.1 95.9
Federal reserve ratio
_
99.0 104.1 96.9 96.0 99.1 103.1
Price, corporation bonds
96.4 99.9 103.6 108.0 112.5 111.0
Price, railroad stocks
86.0 96.1 117.9 133.4 162.7 145.2
Price, industrial stocks
86.1 91.9 122.0 132.4 171.4 140.1
Failures (liabilities)
106.0 106.8' 87.2 80.4 102.3 121.0!
114.1
89.9
101.7
110.6
151.1
144.7
110.7
114.6
92.9
102.1
111.2
152.4
150.8
114.6
95.2
103.0
111.9
158.3
159.8
116.7
95.9
99.5
112.1
162.4
167.6
13a 5l 125.4 89.1
117.5 115.7
95.9 94.5
100.5 103.2
111.2! 111.4
165.3 167.3
168.8 177.3
81.3 101.8
117.3
90.6
101.4
112.9
167.9
183.7
92.4
119.3
89.9
98.8
113.4
171.5
193.9
77.3
• i
t Adjusted for number of working days.
' Seasonal adjustments.
121.9
90.1
95.5
115.9
169.1
193.5
112.3
120.9
93.6
96.0
115.8
164.7
191.2
106.3
123.3
97.3
95.6
115.7
170.1
204.8
129.3
BUSINESS CONDITIONS IN MARCH
PRODUCTION
SALES
The output of raw materials in March was larger
than in February but slightly smaller than a year ago.
Manufacturing production, after adjustment for working time differences, showed an increase over February
but was lower than in March of last year. The
unadjusted index of manufactures showed larger
production than in February for all groups except
textiles, which showed no change. As compared with
a year ago, all groups showed smaller output except
foodstuffs, iron and steel, lumber and tobacco.
Unfilled orders for manufactured goods at the end
of March showed a decrease from the preceding
month, and were lower than a year ago as well. Compared with February, unfilled orders on the books
of iron and steel manufacturers showed practically
no change, while all other groups included in the
general index showed declines. Contrasted with a
year ago, unfilled orders for iron and steel were considerably larger at the end of March, but other groups
showed substantial declines from last year.
PRODUCTION, STOCKS, AND UNFILLED ORDERS FOR MANUFACTURED COMMODITIES
1923-1925 monthly average=100. Adjustment has been made for the seasonal movement of stocks and relative number of working days for production. Unfilled orders are
principally those of iron, steel, building materials, and textiles. March, 1928, is latest month plotted]
140
t
*
\
\
I
\
I
!
UNFiLL ED
\~*
»
120
ORDERS
/
%
t
A\\
LJ
y
I
j
\
;
\ /
V
j I*
/
\\f
\
11
\
/
l^~STOCKS
\
/
^ \
V
/
\
fsjj
\
90
\
\
l
\
\
/
V.
\
\
Y
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I\
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A/ ^- /ff
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PRODUCTIO^
100
80
\
/
i
.t
V
\
!
70
60
\
1 1 ! 1 1 1 ! 1 1 ! I
1923
I 1
1 1 1 1
1924
I
i
1 1
1 1
1 1
1925
COMMODITY STOCKS
Stocks of commodities held at the end of March,
after adjustments for seasonal conditions, were smaller
than at the end of the preceding month, but slightly
larger than a year ago. Compared with the preceding
month, all groups showed smaller holdings except
manufactured foodstuffs, which were held in larger
quantities. Contrasted with a year ago, however,
raw foodstuffs and other raw materials for manufacture were held in smaller quantities, the increase in
the general index of stock being solely due to larger
holdings of manufactured foodstuffs and other manufactured commodities. The unadjusted index also
showed a decline from the preceding month and an
increase over last year.
11
i i
I ! 1 !1
1926
1 1
\
*
/
I i 1 . ; 1 .111
1927
I i
i i
I !
1 I
1928
Wholesale trade was larger in March^than in the
preceding month, but smaller than a year ago. As
compared with the preceding month, all lines of wholesale trade showed increases except meats and dry
goods, which declined, the largest gains being shown
in shoes, drugs, hardware, furniture, and groceries.
Contrasted with a year ago, most lines showed smaller
sales volume, except furniture, drugs, groceries, and
meats, which showed larger business. The greatest
declines from a year ago were registered in men's
and women's wear and hardware. Retail trade in
February, as measured by department store sales,
was larger than in either the preceding month or
March, 1927. Merchandise stocks held by department stores at the end of March, although larger
than at the end of the previous month, were smaller
than a year ago. Sales by mail-order houses, showing little change from a year ago, were considerably larger than in February. Trade by 10-cent
chain store systems increased over both prior periods.
Sales by grocery, drug, candy, and shoe chains were
larger than in either the preceding month or March
of last year, while cigar chains, though showing,an
increase over the preceding month, recorded smaller
business than a year ago.
PRICES
The general index of wholesale prices showed practically no change from the preceding month but was
higher than a year ago. Compared with last year,
istered declines also from both prior comparative
periods.
EMPLOYMENT
Factory employ men t i n March showed an increase
over the preceding month but was lower than a year
ago. As compared with the preceding month, all
groups increased over the preceding month except food,
textiles, leather and paper, which declined slightly.
Contrasted with a year ago, employment was lower in
all groups except food products, with the greatest declines occurring in stone, clay and glass, iron and steel,
nonferrous metals, lumber, chemicals, and paper and
printing. Factory pay-roll payments in March were
likewise larger than in February and smaller than a
COMPARISON OF WHOLESALE AND RETAIL FOOD PRICE INDEX NUMBERS
WITH INDEX OF ALL COMMODITIES AT WHOLESALE
[U. S. Department of Labor index numbers. Relative prices, 1926=100. March, 1028, is latest month plotted]
the principal increases occurred in farm products,
hides and leather products, foods, and textile products, all other groups either declining or showing no
change. Contrasted with the preceding month, most
groups showed no change, but farm products and
foods registered slight declines.
The indexes of prices received by farmers for their
produce showed gains over both the previous month
and March of last year. Contrasted with a year
ago, all groups showed higher prices except meat
animals, which declined. Contrasted with the preceding month, all groups were higher in price except
dairy and poultry products and certain unclassified items, which declined. Retail food costs were
lower in March than in either the previous month or
March of last year. The cost-of-living index reg
year ago, with the same exceptions as noted for
employment.
Reports from the American Federation of Labor
show 18 per cent of union members in representative
cities out of employment in March, representing a
slight decline from the condition reported for February. Preliminary figures for April show a still
further decline. Voluntary quits of factory labor in
March were greater than in February, but considerably smaller than a year ago. Industrial lay-offs,
although smaller than in February, were larger than
a year ago. The total industrial accessions were
larger than in February, but smaller than in March
of last year. Wages of common labor, showing no
change from the preceding month, were lower than a
year ago.
WHOLESALE PRICES FOR SPECIFIED COMMODITIES
[Relative numbers, 1926 monthly average taken as 100. March, 1928, is latest month plotted. Data from which these charts are drawn are given on the opposite page]
WHEAT, WINTER
160
FLOUR, WINTER
CORh
NO 2
|
140
•
ft*
120
_1
—
!
{
i
••
80
CATTLE.STEERS
180
V
...
I
!HOGS,
BEEF. CARCASS
i
HEAVY
HAMS, SMOKED
—
•
\
140
• • ••
120
**
••
|
100
160
OAK
I
|
»•
100
•t
o
100
SUGAR, RAW
*
SUGAR , GRANULATED
...u. - .
. . . . • •• . . • •>
80
J'
.1.
1
I
j
"T
i
i
. . . ... '••
s T' *•- i - l .
. •*
•
1
120
y
100
••<
man —
1
130
I
1
100
1
i
PETROLEUM
LEATHER,CHROME CALF
I
••
|
60
120
PIG IRON, FOUNDRY
t
j
1
• *'
# « ••
|
*"!
! i
COKE
i
i
100
|
BS5S
i
COPPER INGOTS
rrr>
"I"UN
ZINC
e .
100
N
80
•BBS
60
100
LUMBER, PINE, FLOORING
STEEL BEAMS
120
CEMENT
••< • •
BRICK, COMMON,
....
!
...
1,
* • •
80
60
? 3
1927
1928.
!
LEATHER, SOLE, OAK
BITUMINOUSCOAL
i i ^
140
i
j . y}"\
j
-H4.,.
70
'A BLOOD COMBIN
1
t-
!
HIDES, PACKERS
!
160
1 »O (
"t"l"f"
SILK, RAW
WOOL,
1
masm
1
—
"I*"
WORSTED YARNS
190
\1
#
1. . .
...
80
COTTON PRINT CLOTH
COTTON YARN
COTTON, RAW
140
T "I"*
RUBBER.CRUDE
COTTONSEED OIL
60
180
...
-
""I
60
120
|
i
1
80
i1 11 i i i it i
0. h
w O
1
1
WHOLESALE PRICES FOR SPECIFIED COMMODITIES
NOTE.—Prices to producer on farm products and market price of wool are from U. S. Department oj Agriculture, Bureau of Agricultural Economics, nonferrous metals
from the Engineering and Mining Journal-Press. All other prices are from U. S. Department of Labor, Bureau of Labor Statistics. So far as possible all quotations represent
prices to producer or at mill.
LATIVE PBICE
ACTUAL PRICE
(dollars)
average-100
Unit
COMMODITIES
1928
March,
1928
March,
1927
January,
1928
| Bushelj BushelBushelPoundI Ton
Pound
Pound
Pound
1.162
.790
.962
.170
37.44
.0872
.0762
.1190
1.216
862
1.132
178
37.
77
0881
0748
1231
1.209
.652
1.270
.125
25.43
.0682
.1089
.1155
85
I BushelI BushelBushelBushel_| B u s h e l BushelCwt
j Pound-.
| Pound..
j Cwt
I Cwt
! Cwt
! Cwt
1.263
1.538
.949
.577
.962
1.116
19.294
.185
.52
14.781
8.025
8.156
15.125
1.315
1.619
.991
.607
.991
1.202
12. 467
.195
.52
13. 719
7.825
8.406
15.375
1.359
1.344
.730
.485
.777
.997
10. 526
.144
.44
11.919
11. 006
8.000
15. 063
84
92
117
131
134
114
274
108
109
166
67
92
92
Barrel...
BarrelPound..
Pound..
Pound..
Pound..
Pound..
Pound..
Pound..
Pound..
6.656
.043
.056
.093
.212
.230
.210
.47
.235
7.538
6.880
.045
.057
.096
.205
.221
.207
.49
.235
7.325
6.575
.048
.058
.095
.170
.175
.270
.51
.215
.360
.077
.095
1.500
1.000
1.953
2.093
5.292
10. 290
.366
.076
.092
1.525
1.025
2.008
2. 095
5.194
10. 290
Pound
Pound
I Square foot.
; Pound
I Pair
I Pair
.248
.291
.600
.650
6.750
5.000
Net ton
Net t o n . - .
: Long t o n . . .
I Short ton. .
i Barrel
Long ton...
Long ton...
Long ton...
Pound
Pound
Pound
Pound
February,
February,
1928
March,
1928
February,
1927
March,
1927
FARM PRODUCTS—AVERAGE PRICE TO PRODUCER
j
Wheat
Corn
Potatoes
Cotton
Cottonseed
Cattle, beef
Hogs
Lambs
113
52
113
138
135
65
103
90
123
61
118
139
136
63
106
91
95
72
76
82
102
95
94
90
93 i
68
83
94
106
92
100
82
100
125
134
139
117
228
106
113
155
65
124
110
85
105
131
141
143
126
147
111
113
144
63
128
112
91
89
100
112
112
110
124
80
96
116
94
118
97
88
87
96
113
112
105
124
82
96
125
89
121
110
92
104
104
85
134
135
69
109
103
88
90
113
109
77
104
103
87
91
102
78
129
135
68
104
103
90
95
104
104
81
125
130
67
109
103
CQ
O»
QQ
OO
116
94
113
94
.312
.069
.081
1.375
.975
1.913
2.048
5.733
11. 270
103
106
105
99
97
97
97
83
85
101
103
102
105
97
97
97
85
85
102
101
99
106
99
100
97
84
85
85
92
87
96
96
95
95
97
93
87
92
87
96
94
95
95
93
93
.237
.269
.600
.650
6.750
5.000
.140
.152
.460
.430
6.400
4.850
186
173
118
135
106
102
176
168
132
148
106
102
169
155
132
148
106
102
103
91
99
98
100
99
90
88
102
98
100
99
4. 069
4.497
13. 232
2.713
1.213
4.045
4.409
13. 207
2.719
1.190
4.281
4.710
13. 339
3.650
1. 335
95
95
95
68
65
94
94
96
66
64
94
92
96
66
63
101
101
100
90
90
99
98
97
89
71
19.010
17.000
33.000
.1382
.188
.0633
.5179
.0555
19.010
17. 000
33. 000
.1385
.188
.0600
.5163
.0562
20. 260
18. 400
34. 000
.1308
.184
. 0758
.6783
.0669
92
92
94
100
99
77
.87
77
92
92
94
100
99
75
81
76
92
92
94
100
99
71
81
77
98
97
94
92
94
88
105
91
98
99
97
95
97
90
107
91
36.120
13.500
35.69
13. 250
39.66
17. 000
78
78
79
81
89
103
88
103
1.600
1.850
.234
15.500
2.525
3.250
1.600
1.900
.204
15. 500
2.525
3.250
1.600
1.900
.286
15.000
2.750
3.250
97
92
76
107
88
94
80
82
97
95
62
107
88
94
97
97
54
107
88
94
97
100
69
103
96
94
97
97
75
103
96
94
50
123
131
FARM P R O D U C T S - M A R K E T PRICE
Wheat, No. 1, northern spring (Minneapolis)
Wheat, No. 2, red, winter (Chicago).
Corn, contract grade No. 2, cash (Chicago)
Oats, contract grades, cash (Chicago)
*
Barley, feeding (Chicago)
Rye, No. 2, cash (Chicago)
Tobacco, leaf, average sales, warehouse (Kentucky)
Cotton, middling upland (New York)
Wool, }i blood, combing, Ohio and Pennsylvania fleeces (Boston)
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 yellow (New York)
Beef, fresh, carcass, good native steers (Chicago)
Beef, fresh, carcass, steers (New York)
Pork, smoked hams (Chicago)
Butter, creamery, 92 score (New York).
Oleomargarine, standard, uncolored (Chicago)
no
106
80
104
103
TEXTILES
Cotton yarns, carded, white, northern, mule spun, 22-1 cones (Boston) j Pound
Cotton-print cloth, 64 x 60-38H"-5.35—yards to pound
I Yard
Cotton sheeting, brown 4/4 Trion (New York)
Yard
Worsted yarns, 2/32's cross-bred stock, white, in skein (Boston)
! Pound
Woman's dress goods, French, 39 inches at mills, serge
| Yard
..
Suitings, unfinished worsted—13 ounce, mill
I Yard
Suitings, serge, 11 ounce, 56-58 i n c h . .
j Yard
Silk, Japan, 13-15
1 Pound
Hosiery, women's, pure silk, mill
j Dozen pair.
LEATHER
\
Hides, green salted, packers' heavy native steers (Chicago)
Hides, calfskins, No. 1, country, 8 to 15 pounds (Chicago)
Leather, chrome calf, dull or bright " B " grades (Boston)
Leather, sole, oak, scoured backs, heavy (Boston)
Boots and shoes, men's black calf, blucher (Massachusetts)
Boots and shoes, men's dress welt tan calf (St. Louis)..
FUEL
Coal, bituminous, mine-run (composite price)
Coal, bituminous, prepared sizes (composite price)
Coal, anthracite, chestnut (composite price)
Coke, Connellsville (range of prompt and future) furnace—at ovens.
Petroleum, crude, Kansas-Oklahoma—at wells
METALS
Pig iron, foundry No. 2, northern (Pittsburgh)
Pig iron, basic, valley furnace
Steel billets, Bessemer (Pittsburgh)
Copper ingots, electrolytic, early delivery (New York).
Brass, sheets, mill
Lead, pig, desilverized, for early delivery (New York)..
Tin, pig, for early delivery (New York)
Zinc, slab, western (St. Louis)
Pound
BUILDING MATERIAL AND MISCELLANEOUS
Lumber, pine, southern, yellow flooring, mill
Brick, common red, domestic building (New York)
Cement, Portland, net without bags to trade, f. o. b. plant (Chicago
district)
Steel beams, mill (Pittsburgh)...
Rubber, Para Island, fine (New York)
Sulphuric acid 66° (New York)
Wood pulp, sulphite, domestic, unbleached, news grade (New York)..
Newsprint, rolls, contract, mill
M feet
Thousand.
Barrel
Cwt.
Pound....
Ton
Cwt
Cwt
NEW BUILDING CONTRACTS AND AUTOMOBILE PRODUCTION
[Relative numbers, monthly average, 1923-1925, taken as 100]
MINERAL PRODUCTION AND RAILROAD TON-MILEAGE
[Relative numbers, monthly average, 1923-1925, taken as 100]
FACTORY EMPLOYMENT MANUFACTURING AND ELECTRIC POWER PRODUCTION
[Relative numbers, monthly average, 1923-1925, taken as 100]
1920
REVIEW OF PRINCIPAL BRANCHES OF INDUSTRY AND COMMERCE
TEXTILES
Receipts of wool at Boston, although larger than in
February, were smaller than in March, 1927, with imports making similar comparisons with both prior
periods. Consumption of wool by textile mills decreased from both the preceding month and the corresponding month of last year, with the total for the first
quarter of the year also smaller than in the same period
of 1927. Wool machinery was correspondingly less
active in March than in either the previous month or
March a year ago.
showing little change from February, while fabrics
were generally lower.
Cotton finishers reported larger billings of finished
goods than in February, but showed smaller business
than a year ago. New orders for grey yardage were
also larger than in February but smaller than a year
ago. Stocks of finished goods at the end of March
were larger than at the end of either prior period,
while the operating activity of cotton finishers, while
showing no change from the preceding month, was
considerably lower than a year ago. Unfilled orders
THE TEXTILE INDUSTRIES
Relative numbers, monthly average 1923-1925, taken as 100. March, 1928, is latest month plotted. Curves covering imports of wool and exports of cotton are plotted
from 12 months' moving monthly averages plotted on the end month]
ibo
A
140
120
\ hi AJ
00
C(DNSUMPTION-
•''"\ A- JA A
A
U Mir
\
\ \
\
80
/
*
V
V
RO
M
I
, ! ,
•
1923
1924
1925
1926
1927
1928
1923
1923
1924
1925
1926
1927
1928
1923
Raw-cotton exports declined from both prior comparative periods, the total for the first quarter being
almost 40 per cent lower than the same period of 1927>
Consumption of cotton by domestic mills, although
larger than in February, was smaller than a year ago,
the quarterly total also showing a decline. Stocks of
cotton at the end of March were smaller than holdings
a year ago. Prices for cotton averaged higher than in
either prior comparative period.
Cotton machinery was less active in March relative
to capacity than in February or a year ago. The production, new orders and shipments of cotton textiles*
increased over February. Prices of cotton yarns and
fabrics were generally higher than a year ago, yarns
101022—28
2
1 !
1 1 II
1924
\
we
III
I !
i , l
,
I
1925
!
M
1 1 1 ! 1 1 M I 1 1
LLI
I
IJ_
M111111111
1926
27
1923
1926
1927
1928
on the books of cotton finishers at the end of the month
were lower than at the end of either the preceding
month or March, 1927.
Imports of raw silk were larger than in the preceding
month but smaller than a year ago, while deliveries of
si]k to consuming establishments showed increases
over both prior periods. Silk deliveries during the
first quarter of the year were considerably larger than
in the same period of 1927. Stocks of silk were generally lower than at the end of the preceding month,
but were larger than a year ago. Silk prices, averaging
lower than at the end of the preceding month, declined
also from last year.
10
METALS
Consumption of iron ore during March was greater
than in February but smaller than a year ago, the
total for the quarter also declining. Iron-ore stocks
held at the end of March were smaller than at the
end of either prior period. Pig-iron furnaces in blast
at the end of the month, although larger in number
than at the end of February, were smaller than a year
ago, the ratio of operation to capacity also declining
from last year. Production of pig iron in March,
although larger than in February, was smaller than a
year ago, while the total output for the first quarter
Production of steel castings showed an increase over
February but was smaller than in March of last year.
New orders for castings declined from both prior comparative periods. New orders for fabricated structural
steel, declining from the preceding month, were greater
than a year ago, with the first quarter of the year
showing a gain of almost 10 per cent over the same
period of last year.
Production and exports of copper were larger in
March than in either the previous month or March of
last year. Stocks of refined copper in North and
South America were lower than a year ago. Whole-
THE METAL INDUSTRIES
[Relative numbers, monthly average 1923-1925, taken as 100. March, 1928, is latest month plotted. Curve covering zinc stocks is plotted from 12 months' moving monthly
averages centered on the end month]
1923
1924
1925
1926
1927
1928
1923
1924
1925
1926
1927
1928
1923
1924
1925
1926
1927
1928
1923
1924
1925
1926
1927
1928
recorded decline from the same period of 1927. Wholesale prices for iron were unchanged from February but
generally lower than a year ago.
The production of crude steel, although lower than
a year ago, was greater than in February, while the
total for the first quarter of the year recorded an
advance over the same period of 1927. Unfilled steel
orders were lower than in the preceding month but
greater than a year ago. Production of steel sheets
by independent manufacturers was larger than in
either the preceding month or March of last year,
while the operating ratio to capacity, although increasing over the preceding month, was lower than a year
ago. Stocks of sheets at the end of the month were
larger than at the end of March, 1927.
sale prices for copper averaged higher than in either
the previous month or March of 1927.
Imports and deliveries of tin were larger than in
either the previous month or March of last year.
The world visible supply of tin, although lower than
in February, was slightly higher than a year ago.
Tin prices averaged lower than in either the previous
month or March of last year. Fewer zinc retorts
were in operation at the end of March than at the
end of either the preceding month or a year ago.
Zinc production, although higher than in February,
was lower than a year ago. Zinc stocks at the end of
the month were substantially greater than last year.
Prices of zinc, averaging higher than in the previous
month, were lower than last year.
11
FUELS
HIDES AND LEATHER
The output of bituminous coal was greater than in
February but smaller than a year ago. Prices for
bituminous at the mine averaged higher than in
February but lower than a year ago. Production of
anthracite coal showed declines from both the preceding month and March, 1927, with the total for
the first quarter of the year almost 10 per cent smaller
than in the same period of 1927. Prices for anthracite, both at wholesale and retail, were generally
lower than in either the preceding month or March a
year earlier. The production of coke was greater
Imports of hides and skins continued to increase
ov*er both the preceding month and the corresponding
month of last year, while the production of hides, as
reflected by slaughter of cattle, was lower than a year
ago. Production of sole leather increased over February but was lower than in March a year ago. Exports of upper leather continued above those for last
year, while sole leather exports were lower, prices for
leather being unchanged from the previous month but
higher than a year ago. The output of shoes was
higher than a year ago, while exports of shoes, al-
THE FUEL INDUSTRIES
[Relative numbers, monthly average 1923-1925 taken as 100. March, 1928, is latest month plotted where data were available]
1923
1924
1925
1926
1927
1928
1923
1924
1925
1926
1927
1928
1923
1924
1925
1926
1927
1928
1923
1924
1925
1926
1927
1928
than in February but smaller than in March, 1927.
Coke prices, averaging higher than in February, were
considerably lower than a year ago.
though higher than in February, were lower than in
March of last year.
AUTOMOBILES
The output of automobiles in March gained over
both the preceding month and the corresponding
month of last year. Exports of automobiles were
likewise larger than in either the previous month
or March of last 3rear, with a gain in the first quarter's
total over a year ago amounting to 15 per cent.
Shipments of accessories and parts, both as original
equipment and for replacement, were larger than in
either the previous month or March of last year,
with the production of automobile rims making similar
comparisons with both periods.
The output of newsprint paper increased over the
preceding month but was smaller than in March of
last year. The Canadian production of newsprintr
however, showed gains over both prior periods. For
the first quarter of the year, domestic production declined 10 per cent, while Canadian production made a
gain of 18 per cent. Imports of newsprint were larger
than in either the previous month or the same month
of last year, the total for the first quarter also increasing over a year'ago.
PAPER AND PRINTING
12
BUILDING
STONE AND CLAY PRODUCTS
Contracts awarded for new building construction,
measured in floor space, showed gains over the preceding month and March of last year, while measured in
value, March awards were greater than those of February, but smaller than a year ago. For the first quarter of the year new contracts awarded, measured both
in floor space and value, were considerably larger than
in the same period of 1927. Building costs in March
showed relatively little change from the preceding
month but were generally lower than a year ago.
Real-estate conveyances, although greater than in
February, declined from March of last year.
The production and shipments of face brick were
larger than in the previous month, but smaller than a
year ago. Stocks of face brick at the end of March
were slightly larger than those held last year, while unfilled orders were lower. Prices for common brick averaged lower than in either prior period. New orders for
terracotta were larger than in'either the previous month
or March of last year. New orders for vitreous china
plumbing fixtures, although smaller than in February,
were considerably larger than a year ago, with unfilled
orders showing gains over both prior periods. Production and shipments of Portland cement were larger than
THE BUILDING-MATERIAL INDUSTRIES
[Relative numbers, monthly average 1923-1925, taken as 100. March, 1928, is latest month plotted]
7 0 ' ' ' I ' ' I ' ' I ' ' ' ' ' ' ' ! I ' ' ' ' ' ' ' ' ' ' ' ' ' ' ' ' ; ' ' ' ' '' ' • ' ! - '
1923
1924
1925
1926
1927
!928
1923
1924
1925
1926
1927
1928
1926
1927
1928
1923
1924' ~
1925
1926
1827
1928
LUMBER AND LUMBER PRODUCTS
The production of lumber was larger than a year
ago, most of the principal species showing gains except Douglas fir and Western pine. Lumber production for the first quarter of the year was also higher.
Shipments of lumber by manufacturers were generally
higher than in the previous month but, except for
Southern pine, showed declines from a year ago.
Lumber stocks were generally higher than a year ago.
Lumber prices were lower than in February, hardwoods being higher and softwoods lower than a
year ago.
in the preceding month, but smaller than a year ago.
Plate-glass production made similar comparisons.
CHEMICALS
Imports of nitrate of soda were larger than in either
the previous month or March of last year and exports
of sulphuric acid made similar comparisons with both
prior periods. Exports of fertilizer and consumption
in Southern States were larger than in either the preceding month or March of last year.
FOODSTUFFS AND TOBACCO
The visible supply of wheat was substantially greater
than a year ago, as were receipts and shipments at
13
primary markets. Exports of wheat from the United
States gained over the previous month, but were considerably smaller than a year ago. Wholesale prices
were generally higher than in the previous month.
The visible supply of corn was lower than a year ago,
but receipts and shipments were more than twice as
large. Corn prices averaged higher than in either
the previous month or March of last year. The visible
supplies of oats, barley, and rye were all lower than in
the same month of last year, while receipts and prices
averaged higher.
sheep and lamb averaged higher than in either the
previous month or March of last year.
Receipts of butter were larger than in February
a year ago, w^ith storage holdings at the end of
March almost twice as large as a year ago. The wholesale price of butter was lower than in March of last
year. Receipts and storage holdings of cheese at principal markets were smaller than a year ago. Prices
for cheese showed no change from a year ago. Receipts of eggs were larger than last year, but storage
holdings of case eggs declined.
THE TOBACCO INDUSTRIES
[Relative numbers, monthly average, 1923-1925, taken as 100. March, 1928, is latest month plotted]
UNMANUFACTURED TOBACCO
^EXPORTS
•
t
100
\
I
I
I !
1923
II
i
i
\l
\l
\l
1
\
\
U-WARE «»
J HOUSES II
1924
1
SALES
!1
\ I
II
\l
l.ll,
1925
1926
1927
1928
MANUFACTURED TOBACCO
1923
1924
1925
1926
1927
1928
Eeceipts and slaughter of cattle at primary markets
declined from both the preceding month and the corresponding month of 1927. The production of beef,
while increasing over February, was smaller than a
year ago. Wholesale prices for cattle and beef were
generally higher than a year ago. Receipts and
slaughter of hogs at primary markets were greater
than a year ago, while the production of pork, although
declining from the preceding month, was considerably
greater than in March of 1927. Prices for hogs and
pork products averaged lower than in either preceding
period. Receipts and slaughter of sheep and lambs
were smaller than a year ago, while production of
lamb and mutton, averaging lower than in the preceding month, was higher than a year ago. Prices for
1923
Imports of sugar were larger than in either the
previous month or March, 1927, while meltings,
though larger than in February, were smaller than a
year ago, stocks of raw sugar at refineries at the end
of the month being considerably larger than at either
the end of the preceding month or March a year
earlier. Prices of sugar, both raw and refined, averaged higher than in February, but were lower than a
year ago.
Consumption of cigarettes continued to gain over a
year ago, while cigar consumption declined. Exports
of unmanufactured tobacco were larger than in either
the previous month or March of last year, with cigarette exports making similar comparisons. Wholesale
prices of leaf tobacco averaged considerably lower
14
than in the preceding month, but were higher than in
March, 1927.
TRANSPORTATION
Carloadings of freight, although increasing over the
preceding month, continued to register declines from
a year ago. All groups showed smaller loadings than
in March of last year except grains and grain products
and livestock. Surplus freight cars continued to
show increases over a year ago. Clearances of vessels
engaged in foreign trade had larger tonnages than in
either the preceding month or March of last year.
Merchandise warehouse space at the end of February
was 69 per cent filled as against 68 per cent at the end
of January.
both periods. The reserve ratio declined from both
the previous month and March of last year.
Interest rates on commercial paper averaged higher
than in either the previous month or March of last
year, with call loan rates making similar comparisons.
Loans to brokers and dealers continued to mount.
Dividend and interest payments scheduled for April
were larger than a year ago. Business failures had
larger liabilities than in February but smaller than in
March of last year. New sales of ordinary life insurance, although greater than in the previous month,
were slightly lower than a year ago.
GOLD, SILVER, FOREIGN EXCHANGE AND TRADE
Domestic receipts of gold at the mint were smaller
than in either the previous month or March of last
WHOLESALE TRADE
[Relative numbers, monthly average 1923-1925 taken as 100. March, 1928, is latest month plotted. Curves are adjusted for seasonal variation]
I
i I I , I. 1I 1 1,
1923
1924
19:
1926
WEARING APPAREL
III
iI !I « i
1924
1927
! i I
, i ! i . I .. ! i . I , iI i i I
1925
1926
1927
1928
100
DRUGS
HARDWARE AND FURNITURE
, , i , ,
,,
I.., l . 1 1 • ,
. 1 1 , 1 1 1 1 1 1 ,
. , 1 1 1 . 1 . 1 1
1926 '
1927
I M M I 111
1928
DISTRIBUTION MOVEMENT
Postal receipts gained over February and showed
little change from a year ago. Newspaper advertising
gained over February but was smaller than in March
of last year. Sales by the leading mail-order houses,
10-cent stores, and department stores was generally
greater than in either the previous month or the same
month of last year.
BANKING AND FINANCE
Check payments, both in and outside of New York
City, were greater than in either the preceding month
or March of last year. Loans and discounts of Federal
reserve member banks showed increases over both
Bills discounted by member banks
prior periods.
http://fraser.stlouisfed.org/
with the Federal reserve banks also gained over
Federal Reserve Bank of St. Louis
801iI 1 l i I
1923
MI
111
924
ilnlnl.
1927
ihil
1928
year. Imports of gold were substantially lower than
a year ago, while gold exports were considerably
larger than in either prior period, a substantial export
balance in March contrasting with an import balance
a year earlier. Silver production was greater than in
either the previous month or March, 1927.
Exchange on the principal foreign countries showed
little change from the preceding month, but as compared with a year ago, the Italian lira was substantially higher, with the Japanese yen showing the only
important decline. Imports of merchandise into the
United States showed gains over both the preceding
month and the same month of last year. Merchandise exports were likewise higher than in either prior
period.
15
INDEXES OF BUSINESS
The index numbers presented in this table are designed to show the trend in production, prices, trade,
etc., by commodities or groups. They consist in general of weighted combinations of series of individual relative
numbers; often the individual relative numbers are also given. The function of index and relative numbers
is explained on the inside front cover. Many of the index numbers have been reworked to a comparable basis
on the average of the years 1923 to 1925, while maxima and minima are given only since 1923, except on this
page, thus eliminating the abnormal period prior to 1923. Other index numbers will be revised on the 1923
to 1925 base as soon as the limited printing appropriations will allow their presentation in complete form.
Maximum
since
Jan. l,
1920
Minimum
since
Jan. 1,
1920
180
73
January February
PEE CENT INCREASE ( + )
OB DECREASE (—)
1928
1927
March
January
February
March
March, 1928, March, 1928,
from Febru- from March,
1927
ary, 1928
PRODUCTION
(Relative to 1919 monthly average as 100)
RAW MATERIALS
Grand total
122
108
113
113
106
110
+ 3. 8
-2.7
137
152
239
155
83
0
137
193
141
75
108
131
229
114
77
0
136
175
139
78
104
124
216
106
76
0
134
178
132
73
95
134
236
113
75
0
139
180
148
69
110
+ 8.1
+93
+66
-11.8
-1.3
-27. 1
-9.6
0. 0
-1. 5
-6.7
117
45
86
142
148
82
113
36
74
141
74
111
105
108
121
36
89
66
99
96
112
118
48
85
101
69
168
80
165
139
MINERALS
Total
Petroleum
Bituminous coal
Anthracite coal
_ __
Iron ore* _Copper
Lead
Zinc
Gold
Silver _
_ _
__
165
256
155
122
273
152
193
149
131
145
iNIMAL PRODUCTS (marketings)
Total
ta
Wool*
Cattle and calves
Hogs
- - - -- Sheep
- Eggs* -_
Poultry
Fish
._
Milk (New York) .
138
314
143
177
153
245
390
192
147
62
227
105
147
41
89
0
0
0 !
151
17
183
78
136
38
57
80
1
80
19
58
64
54
82
110
111
34
89
114
77
82
30
140
21
45 1 105
215
136
80
0
137
171
136
67
105
99
36
76
75
73
94
142
132
151
146
49
122
104
103
93
104
93
127
96
89
119
94
115
143
70
125
148
67
346
170
150
12
18 ! 113
118
100
72
155
95
117
61
87
111
59
62
136
137
164
356
149
61
59
51
20
24
98
101
79
61
116
103
107
90
42
100
112
115
108
66
110
101
102
107
64
99
138
142
135
133
152
166
115
127
211
190
195
147
164
71
117
117
68
103
77
115
54
126
32
123
57
80
63
118
69
198
92
90
69
160
71
70 i 115
105
37
129
119
94
113
126
127
136
141
110
133
150
138
98
116
190
138
170
127
159
190
—1 3
0 0
4-3 7
+11
+ 12. 1
+55
+ 13 6
+7 1
0
—4
— 12
9
+54
71
0
1
1
5
1
124
67
171 •'
92 1 —12 4
164
+ 51 9
152 j
+9! 4
+ 5.0
8.0
+ 1.9
+ 2.5
-25. 0
-16. 5
+ 22. 8
-2. 9
+ 1. 8
+ 10. 0
-0. 6
+ 0.7
CROPS (marketings)
Total
-.
Grains*
Vegetables*
Fruits*
Cotton products*
Miscellaneous crops*
246
.-
242
254
405
43 i
58
50
93
I
130 1
156 1
67
0 0
+4 0
+5 4
0 0
0.0
+ 80.6
+ 0. 6
+ 5. 1
59.7
-29. 5
-47.0
-59.0
109
114
90
44
93
117
+5 5
122
-7.0
111 1 +23 3
42 j
-4.5
104 !
+11.8
+ 4.5
+ 6. 1
- 3+62.. 48
+ 5.5
118
118
117
111
130
122
83
104
187
104
144
120
130
125
119
112
133
135
89
98
176
99
144
116
-1.5
-0.7
+ 16. 4
-15. 8
+ 1.3
+ 5. 1
103
127
134
+3.1
140
+12.0
128 i
+7.6
112 i
0.0
152
+ 1.3
145
+7 4
98
+ 10.1
105
+7.1
185
+5.1
117
+ 18.2
163
+ 13.2
128
+ 10 3
62
25
FOREST PRODUCTS
Total
Lumber
_
_ Pulp wood_ __
Gum (rosin and turpentine)* _
Distilled wood
- -
MANUFACTURING
Grand total (adjusted for working days) __
Grand total (unadjusted)
Foodstuffs
Textiles
_
__
Iron and steel
Lumber
Leather
Paper and printing
Chemicals, oils, etc
Stone and clay products
. .
_ __
Metals, excepting iron and steel
Tobacco
Miscellaneous
* Fluctuations between maximum and minimum due largely to seasonal conditions.
8Q
106
176
90
150
107
126
156
+ 22. 8
0. 0
-15. 5
-2,6
-15.2
-4. 1
+ 0. 8
-1. 9
16
INDEXES OF BUSINESS—Continued
Maxi-
Mini-
mum
mum
1
|
1927
PER CENT INCREASE ( + )
OR DECREASE (—)
1938
since
since
Jan. 1, Jan. 1, January! February
1923
1923
March
January February
March,
1928, from
February,
1928
March
March,
1928, from
March,
1927
STOCKS
(Relative to 1923-1925 monthly average as 100)
(Corrected for seasonal variation)
Total
Raw foodstuffs
Raw materials for manufacture
Manufactured foodstuffs
Other manufactured commodities
153
222
170
118
141
84
72
71
84
|| 140
I 164
I 159
P, 86
130
73
143
178
156
84
127
136
161
153
86
125
138 ! 145
134
168
170
159
91
96
141
137
138
157 I
144
104
131
(Unadjusted index)
Total. _„
Raw foodstuffs
Raw materials for manufacture
Manufactured foodstuffs
Other manufactured commodities
151
198
196
132
138
77
144
60
176
64
165
79
87
74 ! 127
147
193
153
85
128
146 I
198 !
138 !
84 |
128 I
143
155
169
90
137
151
189
149
97
138
149
198
130
102
134
157
154
157
204
142
67
62 !
66 I
53
56
83
85
80
91
83
91
76
91
80
81
89
76
86
79
81
77
89
64
79
82
81
90
64
76
124
119
125
128
167
188
128
118
125
129
82
86
87
71
43
26
68
82
88
72
87
86
113
78
68
71
92
82
102
88
91
81
107
88
128
95
85
82
94
96
103
94
104
95
144
108
111
102
117
100
87
85
106
85
76
65
94
83
106
91
93
85
108
89
128
88
87
82
101
95
100
95
105
87
131
89
110
95
120
107
156
64
103
101
125
105
108
125
+ 1.5.7
0.0
250
192
169
160
161
163
62
96 | 104
115
194
148
96
106
86
133
209
163
107
119
117
+14. 7
97
95
82
104
188
146
90
100
87
+ 15. i-ri
79 |
70
55
116
174
143
111
115
96
+ 7. 7 ! + 20. 1
0
+ 10. 1 + 14.
o
6
+ 11. 5
o. 5
+ 12. 3
+ 3.
186
117
71
83
89
92
83 ! 100
97 I 106
88
91
85
96
103
104
+ 21.2
+ 8. 3
+ 3. 0
-1. 9
109
112
114
114
107
112
106
111
107
90
90
85
87
80
88
97
88
85
95
93
95
97
88
97
104
103
91
97
97
92
91
97
97
99 I 99
87 I
86
98 !
97
104 ! 104
105 I 110
93
97
90
91
93
87
80
92
104
94
85
91
92
94
89
80
93
103
98
86
92
92
94
91
82
93
102
105
89
+1.1
-5.2
+ 1. 1
-3. 1
-8. 1
-4. 7
-4. 1
-1.9
-4. 5
110
108
110
115
87
96
82
87
108
96
88
92
110
87
82
85
96
90
85
89
94
92
86
91
93
UNFILLED
+ 1.5
-4. 8
-6. 5
-9. 4
-2. 5
-5. 9
— 4. 4
+ 9. 3
+ 4. 8
-1.3
+ 2.1
+ 8. 3
+ 4. 7
-12. 8
+ 5.2
-2. 1
0. 0
-5. 8
+ 15. 5
+ 4. 7
ORDERS
(Relative to 1923-1925 monthly average as 100)
Total
Textiles
Iron and steel
Vehicles
Lumber
WHOLESALE
80 I -2.4 i
73
-10. 0
90 i
o.0 •
i
O
62
1
74 \ -z 6 i
f
-1. 2
-18. 0
+ 18. 4
-27. 9
-6. 3
TRADE
(Relative to 1923-1925 monthly average as 100)
Grand total, all classes
Groceries
Meats
Dry goods
Men's clothing
Women's clothing
Boots and shoes
Hardware
Drugs
Furniture
RETAIL TRADE
(Relative to 1923-1925 monthly average as 100)
MAIL-ORDER HOUSES (4 houses)f
CHAIN STORES:!
Ten-cent (14 chains)
Grocery (34 chains)
Drug (14 chains)
Cigar (4 chains)
Candy (4 chains)
Shoe (7 chains)
DEPARTMENT STORES:*
Sales
Stocks
+ 7.5 ;
-2.9
+ 11. 8
+ 1. 1
— 2. 8 ! + 1.0
-8. 4
+ 2. 3 ! -9. 0
+ 1. 1 !-17. 6
+ 26. 4
-0. 9
+ 15.9 ! -6. 9
+18. 8 ! + 2. 6
+ 12. 6
+ 7. 0
-2. 2
1
155 !
77
82 I 134 |
148
129 I
99 j
103 I
84 j
EMPLOYMENT
+ 36. o
: + 21. 9
(Relative to 1923-1925 monthly average as 100)
Number employed, by industries:
Total, all classes
Food products
Textiles
Iron and steel
Lumber
Leather
Paper and printing
Chemicals
Stone, clay, and glass
Metal products other than iron and
steel
Tobacco products
Vehicles
Miscellaneous
t Sea table on p. 20 of this issue for earlier data.
82
82
86 i
! 98 !
|
88 !
|
93 |
I 110 !
0. 0
0. 0
+ 2. 2
+ 2.5
0. 0
-1. 0
+ 7. 1
+ 3. 5
+ 2. 2
+ 1. 2
+ 2. 2
-1. 1
* See tables on pp. 20 and 21 of the April, 1928, issue for earlier data.
-6. 1
-2.3
-2. 2
-15. 5
17
INDEXES OF BUSINESS—Continued
Maximum
since
Jan. l,
1923
Minimum
since
Jan. l,
1923
Amount of pay roll, by industries:
i
Total, all classes
\ 111
Food products
108
Textiles
\ 115
Iron and steel
117
Lumber
107
Leather
117
Paper and printing
114
Chemicals
114
Stone, clay, and glass
j 111
Metal products other than iron and steel J 114
Tobacco products
111
Vehicles.
j 114
Miscellaneous
i 119
85
90
78
79
84
84
94
89
84
81
81
79
EMPLOYMENT—Continued.
!
(Relative to 1923-1925 monthly average as 100)
j
PRICE INDEX NUMBERS
j
FARM PRICES
j
January
PER CENT INCREASE ( + )
OR DECREASE (—)
1928
1927
February
March January February
96
102
96 i 95
96
102
99
104
88 ! 91
94
100
110
111
106
110
90
97
95
99
81 i 84
79
95
113
115
103
94
102
106
92
97
111
114
101
102
85
98
117
125
108
108
98
122
81
79
126
120
140
140
152
85
87
127
122
142
143
143
94
84
126
121
140
144
133
102
94
94
85
98
94
84
97
90
95
98
87
97
97
97
101
94
98
99
98
98
98
90
96
95
96
100
95
96
98
96
98
98
91
March
March, 1928, March, 1928,
from Febru- from March,
1927
ary, 1928
-6.8
+ 2. 1
91
95
93
87
81
88
111
100
86
87
82
83
100
95
97
96
95
84
93
110
102
88
93
83
94
97
96
96
94
97
87
92
110
107
91
94
84
98
97
137
125
144
138
154
152
91
135
128
153
139
144
141
90
137
136
174
139
137
147
89
+1.5
+ 6. 3
+ 13. 7
96
106
99
121
97
81
98
91
96
99
89
96
105
99
124
97
81
98
91
96
98
87
96
104
98
124
97
81
98
91
96
98
87
0.0
— 1.0
— 1.0
0. 0
0. 0
0. 0
0. 0
0. 0
0. 0
0. 0
0. 0
+1.1
+ 10. 6
+ 3.2
+ 22. 8
+ 3.2
+ 1.1
-1. 0
-2. 1
+ 2.1
+ 3. 6
-1. 1
0.0
+ 4.9
+ 3.4
+ 1. 1
+ 1.2
+ 4.3
0. 0
-7.8
-8. 5
-5.4
-5.2
-1.9
-6. 1
-9. 9
-7.8
-1. 2
0.0
-17. 1
(Relative to 1909-1914 average as 100)
All groups
Grains
Fruits and vegetables
Meat animals
Dairy and poultry.
Cotton and cottonseed
Unclassified
; 153
178
253
154
166
252
; 108
i
j
!
1;
1
I;
81 I
0.0
-4. 9
+ 4. 3
-1. 1
+ 8.7
+ 12.4
+ 24. 3
-3. 5
+ 3. 0
+ 44. 1
+ 9.9
WHOLESALE PRICES
Department of Labor Indexes
(Relative to 1926)
All commodities
Farm products
Food, etc
Hides and leather products
Textile products
.
Fuel and lighting
Metals and metal products
Building materials
Chemicals
House-furnishing goods
Miscellaneous
Commercial Indexes
j
•
j
|
j
105 |
114
106
I 124 !
! 114 I
112 j
;
113 j
116 I
104 j
111 j
; 127 j
!
!
j
Dun's
Bradstreet's
_
j
I 105 |
112 j
i
COST OF LIVING
All items weighted
Food (Dept. Labor)
Shelter
Clothing
Fuel and light (combined)
Fuel
Light
Sundries
101022—28-
|
!
!
|
-10. 0
0.0
-4.2
-1. 0
0.0
-4.4
85
95
98
97
97
97
97
97
102
105
103
103
104
104
+ 1.0
+ 1.0
+ 7.2
+ 7.2
158
141
167
160
156
174
118
171
167
159
173
173
168
192
i 121
| 174
165
156
172
172
167
190
121
174
164
154
172
172
166
189
122
173
163
155
166
172
163
184
122
172
162
152
165
171
163
184
122
172
161
151
165
173
163
184
122
171
-0.6
-0. 7
0. 0
-1.8
— 1. 9
-4. 1
i
j
National Industrial Conference Board Indexes
(Relative to July, 1914)
95
101
94
90
98
95
97
98
91
I
j
(Relative to 1926 monthly average as 100)
94 I
|
j
I 172
I 167
j 186
177
179
! 208
I 123
176
I
!
i
!
!
+ 1.2
0.0
0.0
0.0
-0.6
+ 0. 6
— 1. 8
-2.6
0.0
-1.2
18
PROSPECTIVE CAR LOADINGS SECOND QUARTER OF 1928
Commodity car loadings by railroads in carload lots
The greatest relative increase over the second
for the second quarter of 1928 are estimated by the quarter of 1927 is estimated for the mid-west district,
Eegional Advisoiy Boards set up by the American with almost 13 per cent and this increase is spread
Railway Association at 3.7 per cent above the cor- over practically all commodities. The Allegheny
responding loadings in the second quarter of 1927. district is expected to show the next-best increase,
These estimates are compiled from detailed reports of with almost 11 per cent, and this district also shows
commodities representing shippers of the various few declines. In the Great Lakes district, with an
commodities, as first described in the August, 1927, increase of 8 per cent, the feature is the large anticiissue of the SURVEY OF CURRENT BUSINESS, page 20, pated movement of automobiles. The increase of
and are comparable to similar data published quarterly almost 7 per cent in the central-western district is
since that date. The boundaries of the various eco- due largely to an expected increase of 82 per cent in
nomic districts, set up by these boards, are shown in carloadings of grain, while lumber accounts for a large
the accompanying chart.
part of the expected increase of 4 ^ per cent in loadings
Outside of cotton, cottonseed, citrus fruits, hay and in the Pacific Northwest district. The other four
machinery, all groups are estimated to require more districts show estimated increases of less than 3 per
cars in the second quarter of 1928 than in the second cent over the corresponding period of 1927.
quarter of 1927. The largest numerical increase over
REGIONAL ADVISORY BOARD DISTRICTS
a year ago is estimated for the clay, gravel, sand, and
stone group, closely followed by automobiles and coal
and coke, but automobiles has the largest relative
increase, with a gain of 29 per cent. Agricultural
implements, paper and clay, gravel, sand and stone
come next in the order of relative increase.
The estimated car requirements by districts show
considerable variation over a year ago, as declines are
estimated to occur in the New England, Ohio Valley,
Trans-Missouri-Kansas, and Pacific coast districts.
The Ohio Valley decrease, amounting to 3 per cent, is
the largest, and is entirely due to expected lower coal
movement. The decreases in the other three districts
are spread out among various commodities.
PROSPECTIVE CARLOADINGS, SECOND QUARTER OF 1928
COMPARED WITH ACTUAL LOADINGS SAME QUARTER OF 1927
(As reported by commodity committees, regional shippers' advisory boards, and compiled by American Railway Association)
Number of cars
COMMODITY GROUPS
Actual
1927
Estimated
1928
Per
cent
inc.
Per
Number of cars j cent
i inc.
Esti- J (+)
or dec. Actual
mated \ or dec.
1927
1938
ALL DISTRICTS
294,683
310,875
Grain, all
_.
224,620
232,860
Flour, meal, and other mill products..
72,608
68,172
Hay, straw, and alfalfa
_
47,341
37, 283
Cotton
25,742
15, 708
Cottonseed and products, except oil. _.
34, 356
27,137
Citrus fruits
82,970
84,098
Other fresh fruits
..
59, 013
62,042
Potatoes
82, 272
84,992
Other fresh vegetables
359, 385
368,653
Livestock
38, 745
37,189
Poultry and Dairy products
2,481, 687 2, 545, 375
Coal and coke
..677,
429
675,190
Ore and concentrates
1, 021, 798 1,104,169
Clay, gravel, sand, and stone 2
11, 002
10, 981
Salt.
1, 008, 929 1, 028, 487
Lumber and forest products
538,675
513, 293
Petr oleum and petroleum products
50, 917
51, 926
Sugar, sirup, glucose, and molasses
467, 359
479, 533
Iron and steel
61,102
59, 977
Castings, machinery, and boilers
263, 931
249, 073
Cement
209, 506
204,106
Brick and clay products
68,154
66, 051
Lime and plaster
Agricultural implements and vehicles (other
I
42, 458 !
38, 530
than automobiles)
312, 777
242,566
Automobiles, trucks, and parts
137, 329
135, 854
Fertilizers, all kinds
78,672
71, 650
Paper, printed matter, and books
63,211
61, 431
Chemicals and3 explosives
32, 787
32, 013
Canned goods
Total, all commodities listed
8,712,709 9,035,963 i
http://fraser.stlouisfed.org/ 1 New item; no figures avaiable.
Federal Reserve Bank of St. Louis
(-)
District No. 12
NEW ENGLAND
+5.5
+3.7
+6.0
+2.6
+3.2
3,192
2,424
1,767
1,643
14
42
2,319
7,485
544
1,084
108
24, 928
116
16, 732
50
30, 519
21,851
3,262
3,997
5,681
3,398
5,234
4,838
3,192
2,424
1,820
1,580
14
42
2,365
5,000
550
1,084
108
21,200
116
17, 234
50
32, 350
23, 599
3,300
3,997
5,567
3,738
6,240
4,838
+10.2
+28.9
+ 1.1
+9.8
+2.9
+2.4
762
2,818
7, 654
11,907
2,632
1,208
762
2,818
7,979
12, 205
-6.1
-21.3
-39.0
-21.0
+1.4
+5.1
+3.3
+2.6
+4.2
+2.6
+0.3
+8.1
+0.2
+1.9
+4.9
+2.0
+2.6
-1.8
2, 762
96S
+3.7 1 168,209 j 167,902
2 Including crude and powdered gypsum.
+3.0
-3.8
+2.0
-33.2
-15.0
+6.0
+8.0
+ 1.2
-2.0
+ 10.0
+19.2
Per
Per
Number of cars cent
cent
inc.
Estiinc.
Actual
Actual mated or dec.
Esti- ! (+)
1927
1928
1927
mated ! or dec.
1928 ! (-)
District No. 9
District No. 8
ALLEGHENY
ATLANTIC STATES
Number of cars
17,835 j
18,882 !
8,037 !
17,830 !
18,880 I
8,040
13,712 !
5,701
12,586 !
10, 284
6,271
12, 580
424,608 ! 424,600 i
27,185
27,184 I
142,287 ! 144,421
40,994
54, 231
15, 340
72, 546
12,330 ;
80,994! I
26.529
16^ 995 I
40, 990
58, 027
15, 340
67,105
10,480
85,043
27, 855
17,845
9,885 !
10, 379
20,014 ! 20, 814
21,275 ! 23,189
15,607
15,607 !
7,612
-20.0
6,920 !
- 0 . 2 I 1,064,492 [1,070,377
+4 2
+2.5
+5.0
-25.0
+10.0
+1.5
1,795
1,358
1,428
1,976
1,719
1,515
+10.1
+26.6
+6.1
3,315
29
18
1,530
(0
690,344
3,315
32
18
1,558
"+1.1
791,134
91, 804
98,964
+14.6
"+7.1
15, 458
15, 789
505
13,913
16, 846
505
204,
334
197,998
5, 635
6,020 ' 16,
284
14,697
43, 687
42,415
4.454
3, 977
-10.0
+6.7
+3.2
-6.4
+ 10.8
+3.0
+12.0
3,035
3,642 j. +20.0
+11.2
0)
+7.0
-7.5
-15.0
+5.0
+5.0
+5.0
+5.0
+4.0
+9.0
2,251
4,321
10,240
+10.0
1,022
+0.6 11,108,738 1,227,365 j
""2," 154*
4.163
9, 884
1,022
* Also includes catsups, jams jellies, olives, pickles, preserves, etc.
+4.5
+3.8
+3.6
+10.7
19
PROSPECTIVE CAELOADINGS, SECOND QUARTER OF 1928—Continued
COMPARED WITH ACTUAL LOADINGS, SAME QUARTER OF 1927
(As reported by commodity committees, regional shippers' advisory boards, and compiled by American Railway Association)
Number of
cars
COMMODITY
GROUFS
Per
cent
inc.
23, 866
34,037
9,774
.
j
1 1 C i
|
Per
cent
inc.
20,250!
37,500|
10,275
+10.01
+10.1
+5.1
District No. i
OHIO VALLEY
District No. 6
SOUTHEAST
6,866! 7,553.
17,291 19,020,
3,007! 3,007
27 9021 22 322
15'482|
+ 10.0! 35,892) 34,016
+ 10.0^
!
-20.0
7^ 586 - 5 1 . 0
!
3,800!
4,200
2,100
450
10, 500
Poultry and dairy products.
Coal and coke
_._
Ore and concentrates
_
Clay, gravel, sand, and stone 2 .
Salt—'.
.... — .
18, 000!
156,000
109, 765!
Lumber and'forest products..
Petroleum and petroleum products
Sugar, sirup, glucose, and molasses
Iron and steel
Castings, machinery, and boilers
-13.5!
- 5 . 8j
+ 4 . 8|
-4-3. 01
+3.5!
+10.0|
iDC.
21,554
31,283
6,406
3,987!
4,400 +10.4
!
I
!
I
24,970| 30,000
+12.0!
-2. 0
22,410
15,800:
+15.01
+28.5 2,491 3,114
-4.1 92, 684 92, 684
+9.3 1,052 1,073
+3.0 8,682 8,682
+11.1 1,108 1,108
Total, all commodities listed
;
1937
District No. 1
MID-WEST
35,000!
10,400i
! 1928 '
District No. 8
NORTHWEST
+3. 01 39,384! 41,0001
+5.1; 31,084: 33,000!
3,000J
+ 10. 8! 2,945
+4.1
+6.2
+1.9
+50.0!
+2.0i
+2.81
+5.3!
143, 664j4 194,000!
105,7381 105,000
186,765 233,500|
210
210
+5.0,
+10. 0i
+2.3i
2.0!
25,800
18,170
|
Per
cent
inc.
(+)
(+)
Esti- or dec.
dec. Actual Ii mated
Olr
1,247;
1,870
5,149|
5,250
2, 626! 2, 700
107,34 113,000
20,500
Number of
cars
Per
cent
-5.2! 63,4201 65,300
- 8 . 7 ! 90I,091| 831,900
-1.2'
+4.91 115,580! 120,000
358,098 376,003
51,371 56, 508
8,700
8,900
30,652 30,039
3,146
3,681
+2.41
+5.9
158,099 203,190
5,2121 5,000
21,276
34, 777
12, 262
— -1
()
-1.41 150,705
37, 72G
16,000.
16,0001
1,950
57, 000
13, 7501
Cement
_
_.
Brick and clay products..
Lime and plaster
Agricultural implements and vehicles,
other than automobiles..
91,750
27,677
7,911
22,092
3,022
810
3,198
1,340
37,989
9,926
31,500
38,000
10,400
4,645
6,371
8,016
11,271
42,000! +27.
4,500 s —3. li
6,400[
+
-,---,
+9.8!
11,270
23,225!
3,324
950
3, 575
1,608
1,286
876
3,395
325
675
+ . 8 1,165,0281,130,758
District No. 5
TRANS-MISSOURIKANSAS
District No. 7
SOUTHWEST
Grain, all
Flour, meal, and other mill products.
Hay, straw, and alfalfa
Cotton...
_
Cottonseed and products, except oil..
38,043 35,000! -8.0 26,887 21, 510 - 2 0 . 0
46,934 44,600| -5.0 16, 538 17,364 +5.0
12,291 9,218 -25.0 4,458 4,547 +2.0
17,228 12, 921 - 2 5 . 0
9,797 7,838 - 2 0 . 0
Citrus fruits
Other fresh fruits
Potatoes
Other fresh vegetables..
Livestock
2,146
1,304
529
61,584
Poultry and dairy products
Coal and coke
Ore and concentrates
Clay, gravel, sand, and stone 2 .
Salt
10,237 10,240
19, 482 18,900
8,906 9,400
39, 882 37, T
5,850
Lumber and forest products
Petroleum and petroleum products..
Sugar, sirup, glucose, and molasses..
Iron and steel..
Castings, machinery, and boilers
37,150 39,350
53,902 56, 597
Cement
Brick and clay products
Lime and plaster
Agricultural implements and vehicles,
other than automobiles
17,654 18,700
11, 835 10,520
4,464 4,500
Automobiles, trucks, and parts
Fertilizers, all kinds..
Paper, printed matter, and books.
Chemicals and3 explosives
Canned goods
16,459 j 18,900
Total, all commodities listed
397,493 389,123
4,300
1,664
+25.0
1,450 +11.2
599 +13.2
55,584
-3.0
+6.0
-11.1
+.8
District No. 11
PACIFIC COAST
24, 784
10,237
3,709
6,005
6,446
45,000j + 8 1 .
ll,900j + 1 6 .
4,000
+7.
568
449
200
-20. •
4,750 +123. 0
52,000
4,192|
4,746
6,000
460
270
-30.2!
- 2 6 . 4|
-33.3!
-19.0;
-39.9
24, 744
16,536
1,335
18, 510
20,062
-5.0
23,5001
- 2 . 6l
16,100
2,000 +49. 8|
18,600
+ . 5|
20,000
- . 3!
709
7,082
30,309
64,360
700
8,598
31,500
65,000
District No. 14
PACIFIC NORTHWEST
6, 714
6,099
3,015
8,056
6,707
2,150
+20.0
+ 10.0
-28.7
2, 843
2,124
3,505
3,344
1,372
3,456
+23.3
+10.4
+20.2
-.2
1,141
3,463
1,300 1,430
10,286 10, 285
736
700
53, 542 61, 573
3,811 4,192
+10.0
-5.0
-5.0
+15.0
+10.0
3,478
54, 541
15,463
18,004
721
3,700
51,000
16,900
20,000
700
-2.5|
+6.4
-6.5
+9.3
+11.1
-3.0
84,406
192,519
5,753
5,280
1,842
-7.0
+5.0
+10.0
+5.0
+10.0
5,396
31,715
3,011
2,819
5,600
25,000
2,200
3,000
+3.8
-21.2
-26.9
+6.4
71,899
45, 646
4,379
3,975
63,300 -12.01 224,527 232,950 +3.7
9,225 +5.4
50, 530 +10.71 8,756
-1.2
4,328
20
0 -100.0
965
4,400 +10.7
+10.0
+5.0
+5.0
5,178
1,625
5,000
1,700
+4.6
16,756
3,473
17,000
3,475
5, 799|
6, C
1,697
2,766
5,402
3,039
2,903i
5,405
5,230
5,029
1,675
9,336
8,829
4,711
10,269;
9,2701
4,9461
1,836
2,316
354
1,356
620
2,019!
2,895;
389
1,423!
651!
830|
+10.0
+14.8
District No. 10
CENTRAL-WESTERN
75
82 +10. oj.
5,020 5,271 +5.0l
253
4,529 4,981 +10.0
2,130
10,860 11,946 +10.0
32,500 32,500
53,339
+5.5
-5.0
-5.5
+5.9 90,759
+5.0 183,352
5,338 +24.1
1,018 -38.8
2, 538| 2,791
1
New item; no figures available.
2
Including crude and powdered gypsum.
3
All canned food products, including catsups,
4
-2.1 514,202 519,632'
-1.3^
1,282
+21.41 11,075
+3. 9 4,714
+1.0 6,915
1,322 +3.1
11,060
-.1
5,184 +10.0
7,415 +7.2
546
+1.51
i
i
5,167
1,554
348!
5,757
1,570
36f
+ 11.4
+1.0
+4.9
+4.5:
378!
299
1, 676!
319i
1,098!
740
330
1,761
269
1,176
+95.8
+10.4
+5.1
+ 15.7
— 1. 6j 295,038! 308,225
+4.5
+20.0
+10.0
+25. 01
+10.0
+5.0
+5.0
438
400
-9.7
+1.1236,841253,050
+6.8!
jams, jellies, olives, pickles, preserves, etc.
Production dependent upon outcome negotiations between mine operators and workers for working agreement.
Number of
cars
! 33,290
+10.5! 9,388
, 495! 3, 513 -63.0
34, 3351 37, 425 +9.0
Citrus fruits
Other fresh fruits
Potatoes...
Other fresh vegetables..
Livestock
Automobiles, trucks, and parts..._
Fertilizers, all kinds
Paper, printed matter, and books
Chemicals and3explosives.
Canned goods
Number of
cars
Per
cent
Actual | ®lf"dj or dec. Actual Esti- or dec. Actual Esti- or dec. Actual! mated
! 1927 ™ g | | d | (-) | 1927
(-) ! 1937
1927 ! 1928
1928
1928
District No. 2
GREAT LAKES
Grain, all
..
Flour, meal, and other mill products..
Hay, straw, and alfalfa..
Cotton
Cottonseed and products, except oil-
Number of
cars
367,896 362,105!
+79. li
+4.9
-7.1
20
SALES OF MAIL-ORDER HOUSES AND CHAIN STORES l—Continued
[Monthly average 1923-1925 = 100]
INDEX WITHOUT SEASONAL ADJUSTMENT
INDEX WITH SEASONAL ADJUSTMENT
Candy
Monthly average
See footnote on next page.
21
SALES OF MAIL-ORDER HOUSES AND CHAIN STORES 3—Continued
INDEX WITHOUT SEASONAL ADJUSTMENT
YEAR AND MONTH
INDEX WITH SEASONAL ADJUSTMENT
Chain stores
Mail- .
order
ihouses Grocery
stores
-! ! MailI, order
i 5-find! 10-cent
Cigar
j
3boe
| Candy [
Drug ; Cigar i Shoe I Candy
|appare
1924
January
February
March
April. ...
92
«9
9S
106
Mfiv
June
July..
August
84
83
64
69
99
September...
October
November...
December..-.
i
!
!
132
122
138
92 ;
1
90
93
91
94
108
105
115
Monthly average.
67 ;
74 ;
87 I
95
87 i
92 [
91
109
107
199
i
I
|
|
91
92
97
75
70
89
135
82 !
89 !
98 j
109 :
100 j
99
90 \
94 !
95 ;
96 !
97
84
91
9.'.
88
74
81
98
94
101
95
93
100
114
106
86
83
101
130 i
142
173
95
103
94
122
99
104
100
138
94 :
105 i
110
141 I
150 :
100
101 !
101
88
86
95
98
82 ;
76 I
96
134 I
86 !
93 j
100 I
99
98 i
106 !
99 I
95
95
95
102
101
102
105
90 i
91 !
89 I
91 !
87 j
92
ioo !
96
100
104
96
97
98 i
100
105 '
100
100
102
102
97
99
95
103
99
101 j
92 j
105 |
100
101
95
104
100
99
97
99
98
100
104
99
ioi!
99 I
107 I
99 !
101
94
109
103
100
101
102
106
90
91
95
91
98
95
!
|
!
|
j
93
93
91
99
100 I
98
95
118
107
97 |
93
94
94
99
!
!
|
I
97
99
97
103
101
102
107
106
j
i
i
I
98 ;
107 !
102 I
-I-
1925
January...
February..
March
April
100
98
111
109
113
105
114
116
80
83
95
105
69
72
96
114
100
95
104
103
95
81
83
115
114
116
109
102
101
98
105
112
111
91
100
106 i
107
107 !
Ill ;
103
96
98
102
113
115
93
92
|
|
!
!
106
.158
135
156 I
114
136
125
144
103
128
119
235
123
182
151
211
109 j
116:
108 :
146 \
102
109
98
152
99
124
104
143
!
S
!
I
110
118
113
119
109
102
January...
February..
March
April
108 I
103 :
121 I
112;
131
129
144
147
89
. 92
107
110
84
88
122
134
114
111 i
124 i
122 !
92
92
102
108
83
75
109
126
I
|
|
|
May—.
June
July—.
August.
105 i
91
91
140
143
143
131
116
111
112
111
150
138
127
122
122
119
126
123
i
j
!
|
115
109
112
106
132
116
111
93
September .
October
November. _
December..
113
140
143 I
155
133
150
155
167
115
140
135
258
157
201
200
263
124 I
109
116
107
159
I
I
|
I
|
108
120
114
163
!
:
;
i
143
125
149
126
May
June
July—
August.
SeptemberOctober
November..
December..
Monthly average-
j
104 ;
109 i
106
104
110
110
111
112
105
107
107
109 ;
115
115
118
120
104
107
107
108
107
110 !
115
112
101
102
104
104
99
99
100
98 j
100
110 i
106 '<
106 j
105
109
105
104
i
i
i
|
110
110
109
117
112
113 ;
111
122
108
109
105 I
115
102
99
97
107
I
I
!
|
102 I
108
104
109 !
121
112 \
119 i
122 I
129 i
128
133
113
116
119
121
119
134 :
125
130
113
112 '
119
119 '
104
104
106
109
I
I
!
I
116
115
107
112
133
135
135
142
I
!
!
|
103
118
112
117
136 i
134
131
140
119 :
119
120 i
123 I
107
106
104
109
112
108
108
104
117
108
112
103
117
119
119
120
140 |
143
145;
125
121
124
124 I
151
140
154
149 :
125 !
121
124
128:
116 I
111
116
114
118
142
148
153
154 |
127
132
130
133
152
153
159
162
111
1;
104
98
96
107 |
107 I
114 !
104 !
149
105 I
102 !
115 ;
105 I
111 !
103 !
105 i
107
108
108
105
I
I
j
|
112
108
111
112
114
112
111
111
120 I
106 I
121
116
122
115
114
107
128
134 :
135
137 ;
111
115
111
114
115 i
108 i
119 |
115
119
123
113
108 ji.
1926
Monthly average.
133 i
128 I
169 ;
89 i
92 I
no !
120 |
121 I
123 |
161 j
143 I
112 I
113
114
97
99
111
113
82
84
96
150
95
103
115
136
111
112 ;
117 i
113 I
157
155
163
166
130
133
128
137
163 i
173 !
175
192 j
140
139 ;
139
144 I
113
115
113
115
111
121
104
117
120
121
116
127
113
109
111
106
109
118
109
101
115 !
112 |
110 !
118 !
121 I
127 :
133 i
172
179
176
179
132
135
139
140
172
175
199
193
137
138
144
139
113 !
112 !
114
107
99
108
124
121
120
121
119
110
108
121
118
178
119
124
125
164
122 I
117 i
119 !
128
183
187
186
186
141
144
140
147
192
191
198
215
141
152
152
148
107
109 j
107 !
Ill I
115
112
112
130 |
118
122
124
115
100
106
119
113 !
116
113
191
195
196
140
142
142
197
201
224
153
153
157
105 !
107 !
109 |
117 I
120
119
126
120
120
1927
January...
February..
March
April
103
101
125
120
155
148
174
96
104
110
100
114
148
May....
June
July.—
August -
107
93
105
171
178 :
167
170 i
123
123
121
130
171
172
157
165
134 i
129
143
144 I
|
134 !
136 !
141 :
140 \
SeptemberOctober
November..
December..
118
147
149
167
171
190
189
202
128
153
146
279
198
250
250
350
137 i
151 i
144 I
182
106
111
105
156
138 |
189
104
115
133 !
121
137
200
146
148
163
90 !
96
107
Monthly average.
120 !
114 i
1928
January..
February.
March
105
108
125
188
194
209 i
1
Compiled by the Federal Reserve Board, Division of Research and Statistics, from reports of the following stores in 1927: 34 grocery chains with 29,433 stores and $1,359,371,361 in sales, 14 ten-cent chains with 2,944 stores and $560,773,589 in sales, 5 apparel chains with 1,080 stores and $198,672,838 in sales, 13 drug chains with 936 stores a n d
$120,222,701 in sales, 4 cigar chains with 3,471 stores and $110,119,595 in sales, 7 shoe chains with 625 stores and $43,183,331 in sales, 4 candy chains with 269 stores and $32,717,017 in sales, and 4 mail-order houses with $562,765,581 in sales. In the earlier years the number of chains was generally less, and changes are being made in the list as
new chains are added, b u t the data are all related to the sales of the same chains in the base period. T h e seasonal adjustment allows for number of working-days in the
month (excluding Sundays and 6 national holidays), and seasonal eliminations are computed by the ratio-tq-moving-average method; allowance is also made for the variation
in the date of Easter. Complete description of this index is given in the Federal Reserve Bulletin for April, 1928, p p . 232-242.
22
TREND OF BUSINESS MOVEMENTS
r~ The following table contains a summary of the monthly figures, designed to show the trend in important
industrial and commercial movements. These data represent continuations of the figures presented in the
latest semiannual number (February, 1928), in which monthly figures for 1926 and 1927 may be found, together
with explanations as to the sources and exact extent of the figures quoted. The figures given below should
always be read in connection with those explanations. Data on stocks, unfilled orders, etc., are given as of the
end of the month referred to. For explanations of relative numbers, including base periods, see introduction
on inside front cover.
1927
The cumulatives shown are through
March, except where otherwise noted.
Earlier data for items shown here may
be found on pages 24 to 138 of the
February, 1928, " Survey "
Novem-
1928
December
January
15,205
8,972
6,233
15,442
8,794
6,648
17, 281
8,044
9,237
18, 085
6,399
11,686
24, 705
6,497
18,208
20,179
23, 936
17,924
20,566 |
24, 759
28,353
21, 305
23, 646
46,322
41,691 |
45,087
48,324
ber
February
1 Perct.
TOTAL ; inPER CENT IN- ! CUMULATIVE
FROM JANUARY 1 crease
CREASE (+) OR I THROUGH MARCH
(+)
DECREASE (—) . 31
or de1
crease
(-)
Mar., i Mar.,
cumu1928, ; 1928,
lative
1927
from ; from
1928
: 1928
Feb., ! Mar.,
: from
1928 j 1927
i 1927
1927
February
March
March
TEXTILES
Wool
Receipts at Boston:
Total
-.thous. of lbs..
Domestic
thous. of lbs._
Foreign
thous. of lbs.. i
Imports:
In condition imported
thous. of lbs..
Grease equivalent
thous. of lbs..
Consumption by textile mills,
grease equivalent
thous. of lbs..
Machinery activity, hourly:
Looms—
Wide
per ct. of hours active..
Narrow...
per ct. of hours active..
Carpet and rug
per ct. of hours active..
Sets of cards
per ct. of hours active..
Combs
per ct. of hours active..
Spinning spindles—
j
Woolen
per ct. of hours active, J
Worsteds
per ct. of hours active. J
Prices:
j
Raw, territory, fine, scoured.dolls, per lb__
Raw, Ohio and Pa. fleeces,
\i blood, combing, grease..dolls, per lb_.
Worsted yarn
dolls, per lb__
Women's dress goods, French
serge, 39 in.
dolls, per y d . .
Suiting, 13-oz.
dolls, per y d . .
66
64
67
79
83
80
72
77 !
65 I
27,436
8,600
18,836
+36.6 ! -10.0
+1. 5 -24. 5
+55. 8
-3. 3
76, 872
21, 258
55, 614
60,071 ! - 2 1 . 9
-1.5
20,940
39,131 ; - 2 9 . 6
29,473
33,120
29,693 1
6,577 !
23,116 |
i
34,072
38,075
33,457
37, 617
+38.3 | - 1 1 . S
+40.1 -12.0
95, 071
106,334
75, 537 I - 2 0 . 5
-20.0
85,119
46,757
45,938
54, 262
-3.2 ! -13. g
146,589
140,168
1
17, 755
4,074
137, 908
1 12, 778 - 2 8 . 0
2,247 : - 4 4 . 8
-12.2
121, 078
3,255,836
1,885,836
1,978, 253 i - 3 9 . 2
1, 737, 545 ! - 7 . 9
62
52
68
78
75
57
57
68
79
70
64 I
62 i
64 !
75 ;
89 ;
78
66
76
61
74
71
-5.0
+11.8
+1.5
+1.3
-12.5
I
I
I
I
;
-4.4
-6.6
-9.5
+3.0
-1.2
-13.6
-1.3 ! -1.3
-10.3 |
1.12
1.14
1.17
1.20
1.20
1.09
1.08
.48
1.40
.49
1.40
.50
1.43
.52
1.50
.52
1.53
.44
1.38
.44
1.38
1.00
1.913
1.00
1.917
1.00
1.935
1.00
1.953
1.03
1.00
1.913
1. 913
1,660
41,211
898
41,445
633
38,200
715
41,433
767, 314
543, 598
728,935
582,417
604,890
573,810
614,428
581,318
5,982
1,669
4,313
5,104
1, 593
3,511
0
-7.6
| +11.1
0 ! +18.2
+2.0 | +10.9
+5.1
+3.0
+5.0
+2.8
Cotton
Ginnings...
...thous. of bales..
2,571
Receipts in sight.
thous. of bales..
Imports, unmanufactured
bales..
28,845
Exports, unmanufactured
(including linters)
bales.. 999, 501
Consumption by textile mills
.bales.. 625,680
Stocks, domestic, end of month:
7, 521
Total, mills and w'houses..thous. of bales..
1,551
Mills
thous. of bales.J
5,970
Warehouses
thous. of bales..!
Stocks, world visible, end of month:
I
7,314
Total
thous. of b a l e s '
6,074
American...
thous. of bales..j
Prices:
|
.200
To producer, all grades
dolls, per l b . J
.203
In New York, middling
dolls, per l b . . |
Cotton Yarn
1,212
39, 702
1,010,507 1,129,537 !
589,513 i 693,081 |
7,363
1,707
5,656
6,721
1,707 I
5,014 j
7,501
6,041
7,163 !
5,470 I
.187
.196
.186 i
.190 I
.170 |
.185 |
32, 269
8,680
238
107.2
31, 715
7,859
215
94.3
31,698 I
8,259
227 i
101.5 !
31,687 i
7,969 !
220 i
101.2 I
17,162
11, 580
34, 692
21,160
12,880
40,115
18,934 !
13,444 !
38,287 I
18,642 !
13,611 '
38,457
13,475 •
33,030 |
.383
.530
.371
.522
.523
.360
.494
. 366
.483
6,702
5,020
6,273
4,543
+13.0 j -44.4
+8.5 ; +.4
1,287
41, 267
7,385 !
1,932 i
5,453 ;
-3.2
+1.3
-45.6
-16.1
6,459 I - 1 4 . 7
1,976 | - 4 . 6
4,483 i - 1 8 . 6
-21.0
-19.4
-21.7
.
.
!
.178
. 195
8,533
6,860 i
.115 I
. 140
7,795
6,178
.
..
. ...
-6.4 ! -19.5
- 9 . 5 \ -26.5
+42. 4
+35. 4
+4.7
+5.4
.125
. 144
_
j
Machinery activity of spindles:
j
Active spindles
thousands.
Total activity
millions of hours.
Activity per spindle
__
.hours.
Ratio to capacity
per centCarded sales yarn:
Production
thous. of lbs.
Stocks, end of month
thous. of lbs.
Unfilled orders, end of mo
thous. of lbs.
Prices of yarns:
22/1 cones, Boston
dolis. per lb_
40/ls, southern spinning
dolls, per lb.
31,413
8,312
231
96.8
32,873 i
8,239
222
106.5
32,920 1
9,638 I
260
109.8
—4 6
-13 8
— 11 9
-11 8 :
-4.0
+4.3
+5.0
-4.3
I;
+21.2
ii - 1 . 0 i
|i -14.1 :
.306 i
.464 I
.312 !
.458 i
+1.7
+17.3
+5.5
Cotton Goods
Cotton textiles:
Production
thous. of yds.
New orders
thous. of yds.
Shipments
thous. of yds.
Stocks, end of month
thous. of yds.
Unfilled orders, end month__thous. of yds.
Fine cotton goods, production..
_pieces.
Cotton cloth:
Imports..
thous. of sq. yds.
Exports.
.__.thous. of sq. yds.
1
Total for crop year.
321, 621
193, 871
286,097
292, 535
340, 221
472, 298
5, 081
45,919
372,
374,
328,
330,
386,
468,
0i2
581
076
501
726
823
297, 669
194,114
266, 947
367, 223
313,893
401, 676
5, 565
41,117
6, 472
34, 903
300,323
256,328 I
285,404 |
382, 142 j
284.817 !
429,095 |
5,813 !
33,380 !
358, 025
349, 855
337, 573
402, 594
297, 099
401,429
7,921
42,237 :
232, Oil
270, 644
258, 303
190, 520
454,140
423, 976
4, 699
35, 859
277,052
296,165
305,134
162,438
445, 171
551,323
!
i
;
•
!
i
+19.2
+36. 5
+18.3
+5.4
+4.3
+7.5
5,717 ! +30.3
44,553 'r. +26.5
+29.2 ;| 738,596 j 956,017 i +29.4
+18.1 ! 943, 620 I 800.297 ' —15.2
889, 924
+8.1
+10.6 .! 823,392
+147.8
-33.3
- 1 0 . 3 1, 418, 783 1, 292, 200
-8.8
+38.6
-5.2
15, 472
120, 246
20,206 , +30.6
110, 580
-8. 0
23
TREND OF BUSINESS MOVEMENTS—Continued
February
March
February
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MARCH
31
PER CENT INCREASE ( + ) OR
DECREASE (—)
1927
1928
<+>
or decrease
(-)
Mar.,
1928,
from
Mar.,
1927
March
Peret.
increase
1927
1928
cumulative
1928
from
1927
TEXTILES—C ontinued
Cotton Goods—Continued
Fabrics for tire manufacture:
Consumption..thous. of lbs..
Elastic webbing, shipments
thous. of dolls..
Prices:
Print cloth, 64 x 60
dolls, per yd_.
Sheeting, brown
dolls, per yd._
Cotton goods (Fairchild), rel. to.1911-1913 . .
12,822
1,220
11,949
1,133
16, 040
1,159
.110
172
.080
.105
168
.080
.098
166
16,924 '..
1,374 ;
.077 |
.095
163 !
13,609
16,651
1,627
.076 |
.092 |
161 i
.069
.081
145
.081
146
Cotton Finishing
2 32, 964
-1.3
-3.2
-1.2
+10.1
+13.6
+10.3
+13.9
+2.7
+5.0
+2.8
0
-7.7
-17.0
-20.5
-13.5
+10.0
-15.9
-29.4
267,131
282,332 |
157,423
237,263 i - 1 1 . 2
236,177 I - 1 6 . 3
145,203 || - 7 . 8
I!
White, dyed and printed (outside mills):
Billings, finished goods
thous. of yds_.
New orders, gray yardage..-thous. of yds._
Shipments, finished goods
cases..
Stocks, finished goods, end mo
.cases..
Operating activity
per ct. of capacity...
Unfilled orders, end of month..
days..!
Printed only (cotton mills and
!
outside):
\
Production
thous. of yds..|
Stocks, end of month
thous. of yds..j
Silk
j
Imports, raw
thous. of lbs..|
Deliveries (consumption)
bales..j
Stocks, end of month:
j
At warehouses
bales..|
At manufacturing plants
bales. _j
Silk machinery activity:
Broad looms
per cent of normal..
Narrow looms...
per cent of normal..
Spinning spindles
per cent of normal..
Price, Japanese, 13-15, New York.dolls, per lb_.
83,554
91,402
48,968
34,971
82
7.0
108, 067
102, 327
59,519
36,178
82
77, 239
69,073
44, 671
41, 350
61
4.4
77,885
69, 836
43,287
41,059
59
3.9
68, 737
75, 665
44, 673
40, 751
62
4.7
78, 786 j
79,184 !
49,035 !
38,698
69
5.2
89, 740
81,328
51,495
39,787
69 i
4.8 I
57,006
48, 574
49,826 j
64,015 !
74,326 !
75, 725
75,153
5,899
46,947
7,541
43,357
7,405
52,420
6,657 !
50,679 ;
6,725
52, 011
5,437
42, 860
7,011
49,242
52,069
26, 530
53, 540
24, 282
47,528 j
26, 700 I
41,677 !
27,567 |
40,186
23,096
43,758
22,120
33,116
21,193
-3.6
-16.2
88.4
53.3
77.8
4.802
93.0
51.8
79.6
4.998
94.6 '
50.7
77.3
5.145
99.1 I
50.6 !
79.1
5.292
98.8
52.5
67.7
5.194
86.2
58.1
89.1
6.027
90.1
60.4
81.2
5.733
-14.4
-1.9
+18.3
+1.1
189, 566
+1.0 I - 4 . 1
+2. 6 +5. 6
-.3
+3.8
Imports
thous. of lbs..!
Stocks in bonded warehouses,
|
end of month
thous. of lbs..;
Price, 150 denier, A grade, N. Y..dolls, per lb..j
1,285
1,764
1,366
1,146
1,680
1.50
2,549
1.50
2,915
1. 50.
3,048 !
1.50 :
2,095
1,902
261
2,207 |
2,021
269
2,445 L
2,043 i.
280 :.
20,656 I
140,409 j
20,787
155,110
+.6
+10.5
3,270 i
3,592
+9.8
2 4, 652
2 4, 064
0
-9.3
-9.3
+21.3
+9.0
+9.7
-13.1
-16.6
-9.4
Rayon
Clothing
+17.9
2 27, 967
+18.4 |
I;
1,080
852
1,718
-37.1 |
1.50
1,074
1.45
1,074
1.45
+3.4
2,389
2,313
305
2, 574
2,284
343
S
Men's and boys'garments cut:*
I
Suits
thous. of garments.-!
1,692
Separate trousers.
-thous. of garments..!
1,847
Overcoats.
thous. of garments..!
435
Overalls:!
|
Total, all fabrics, cut
dozen garments._j_
Net shipments,
finished
!
goods
dozen garments..!..
Unfilled orders, end of
j
month..
dozen garments..j__
353,790
376,887 | 372,498
294, 231
352,708 ; 253,736
99,039
105,970 I
2 4,653
2 4,483
2 605
-1.2
2 549
1,103,175
900, 675
97,344
-8.1
Hosiery
Production
thous. of dozen pairs-J
Net shipments,
thous. of dozen pairs..!
Stocks, end of month
thons. of dozen pairs- -!
New orders
thous. of dozen pairs. J
Unfilled orders, end of mo.thous.of dozen pairs.. j
3,863
3,927
7, 568
3,838
6,167
3,386
3,646
7,640
3,183
5,395
1,181
1,230
1,073
1,046
973
959
1,100
924
3, 578
3,033
7,983
3,109
5,380
3,602
3,278
8,461
3,136
5,167
!
I
i
i
1,022
917
1,202
1,309
1,132
1,042 I
1,209 !
1,025 [
1,967
1,925 i
2,313
29,569
25,089
44,451 !
23,862 j
3,092
2,382
2,678
7,567
3,701
5,668
4,159
4,251
7,342
4,225
5,530
1,219
1,198
1,250
1,208
959
911
1,213
1,232
1,198
1,164
1,298
1,282
2,275
2,271
2,408
2,615
Burlaps and Fibers
|
Imports:
I
Burlaps
thous. of lbs.-j
Fibers (unmanufactured)
long tons..;
48,922
39,268
66,102
28,493
63,901
32, 882
47,320
20, 751
39,830 I - 3 . 3
29,096 ! +15.4
+60.4
+13.0
3,502 !
2,785 i
4,068
3,051
4,752
3,654
5,670
4,469
3,308
2,431
4,275 ! +19.3
3,426 +22.3
+32.6
+30.4
2,979
3,588
4,715
4,499 i
3,410
2,781 ! - 4 . 6 I +61.8
2 7,321
2 6, 587
2 7,180
2 6,311
-1.9
-4.2
2 7, 369
2 6, 245
-15.3
3,069
2,894
3,373
3,157
+9.9
+9.1
3,871
3,542
-8.6
136,947 !
79,739 I
178,925
100,643
+30.7
+26.2
10,879 i
8,025 I
14,490
11,174
+33.2
+39.2
i
Knit Underwear
Production
thous. of dozen garments. J
Net shipments
thous. of dozen garments._j
Stocks, end of mo...thous. of dozen garments..!
New orders
thous. of dozen garments. ,j
Unfilled orders, end
[
of month
thous. of dozen garments.-!
3,640
3,412
i
!
!
i
!
+7.7
+15.0
+3.4
+17.9
+1.8
+2.9
-3.7
-5.8
I
- . 2 ! -13.2
Pyroxylin Coated Textiles
Pyroxylin spread
thous. of lbs.-|
Shipments billed
thous. of linear yards...!
Unfilled orders, end of
;
month
thous. of linear yards..!
j
Cotton Mill Dividends
j
New Bedford mills (quarterly):
j
Total
thous. of dollars.-j.
» 607
Ratio to capitalization..p. ct. per quarter.. 1
3.826 '
2
Cumulative through Feb. 29. 3 Quarter ending in month indicated.
!
M88 i| - 1 . 6 i +22.3 j
...A
1|
..J
'
3. 8 2i i!
_...i
3.696 n —. 6 ! +18. 0 '
!
"
' See table on p . 48 of this issue for earlier data, f Compiled by the Bureau of the Census.
24
TREND OF BUSINESS MOVEMENTS—Continued
Perct.
W21
(
The cumulatives shown are through
March, except where otherwise noted.
Earlier data for items shown here may
he found on pages 24 to 133 of the
February, 1928, " Survey "
Novem- j Decem- |
ber
\ ber I January
J
;
|
Fur
\
|
thous. of (iollars.-j
8,115 |
Sales by dealers
Buttons
Fresh-water pear] buttons:
Production
Stocks, end of month
Ocean pearl buttons:!
Production
Shipments
New orders
Stocks, end of m o n t h
i
j
j
!
52.3 j
9, G46 !
ratio to capacity, J
thous. of gross.. j
number
number
number
number
of
of
of
of
j
gross. - j
gross.-!
gross.-1
gross.. |
I K O N AND S T E E L
Iron
195, 333
252,973
233,957
482,858
\
j
February
February
March
Mar .
Alar .
froi'I
froF.
j
^ ' ir .
' .
8,713
7, 0S1
13,919
14,572
20, 239
45.1
9, 6G2
48.8
10,902 i
51. 1
10,748
10,914
48.3
10,134
225. 053 :
229.397
236,835
585, 268
187,966 i
258,138
303,270 :
534,893
205, 511
220,308
236,078 j
475,697
189,864 ! 233,393 ;
223,095 I 258,195 '
300,605 i 336,045
565, 248
577, 7S9 •
ins
1927
V l~
or decrease
(-)
curnu
: lative
1928
from
1927
;
35,572 ; - 3 8 . 2
49.8
9,928
-u. »,
+ 1.5
—4 2
-MU»
•
184,946
230,962
195,264
557,770
-3.6
—11 U
-29.:,
--1.:1
--:::.:
-0.7
+ 2 [.3
—4 9
526,603
674,940
900,634 i
!
648,310+23.1
710.687+5.3
873,485 > - 3 . 0
i
\
|
I
Manganese ore, imports.--thous. of long tons.-j
Iron ore:
!
I in ports
th ous. of long tons _.
Consumption..
thous. of long tons..
Stocks, end of month—
T otal
thous. of 1 ong tons..
At furnaces
thous. of long tons..
On Lake Erie docks.thous.of long tons..
Pig-iron production:
Total, United States-..thous. of long tons..
Merchant furnaces
thous. of long tons..
Canada
thous. of long tons..
Furnaces in blast, end of month:
Furnaces
number..
Capacity
long tons per day..
Per cent of total
per cent,.
Ohio gray-iron foundries:
Meltings—
Actual
long tons..
Normal
long tons..
Ratio to normal
per cent of normal..
Stocks, end of month. _per cent of normal..
Receipts
per cent of normal..
Malleable castings:
Production
short tons..
Operating activity
per ct. of capacity..
Shipments
short tons..
New orders
short tons..
Wholesale prices:
Foundry, No. 2,
northern
dolls, per long ton..
Basic (valley furnace).-dolls, per long ton..
Composite pig iron
dolls, per long ton..
j
j
j
j
31
:
1' _ s
TEXTILES—Continued
CUMULATIVE TOTAL
inFROM JANUARY 1 crease
THROUGH MARCH •:• ( + )
^ r)f^
j
27 I
i
32
1 OO
ioZ ]
200 I
3,814 !
3,992 |
251
4,303
41,472 I
34,528 |
6,944 |
37,582 !
30,978 |
6,C04
33, 350
27,062
6,283
2,696 |
2,648 !
710 !
7O
38
I
170 j
IGOI
86,835 I
87,700
47.3 I
47.4 !
2,870
715
65
i\
185
96, 640
52.9
230
163
4,395
29,003 ' 24,259
23,015
18.091
5,988 j
5, 5G8
2,900 :
625
65
187
100,060
53.6
193
4, 234
29. 809
23, 746
6, 063
3,200 !
612
197
104, 650
56.8
63 i
623 :
13,789 \
24,809 ' - 1 6 . 4 ;
19.569 |! - J 8 . 8 i
644 i + 3 . 4
13, 506 ; - 2 . 1
-2.2
-4.5
5,240 |; - 7 . 0 ! +6.3
!
9, 528
2 252 :
179 :
3,483 !! +10.3 ; - 8 . 1
" " " - 2 . 1 ! -24.3
76 !! +20. 0 i +2. 6
2.941
684
51
223 !
113.435 !
217
106,135
59.5
61.3 I
15,647 I
19,553 I
80.0
104
74 i
10,994
15,342
71.6
105 |
58
13,977
16,097
86.8
129
15,270
15,245
100.0
135
105 :
38,210
40.4
35,735
32,925
44. 781
47.3
40, 269
45, 920
50,096 l
41.9
44,458
49,251
54,031
62.3
49,253 i
51,414 i
19.21
17.00
18.42
19.01
17.00
18.37
19.01
17.00
18.37
19.01
i7.oo;
18.45 :
14,437
19,972
17,740 i
99,284
10, 023
13,185
11, 346
95,453
9,037
11,009
11,511
79,. 400
22,575 i
29,156
24, 812
101,990
18,265
21, 637
16. 781
97. 619
24,743
19,292
18, 230
120, 522
11,251
17,540
16,154
11, 539
13,193
11, 772
12, 581
10, 661
9,990
14,774 I 18 039
9,357 j 7,994
12,139 ; 8,792
14,842 :
9,770
7.393 :
49,302 i
53,793
48,714 I
54,353 I
40. 452
!
!
|
!
23 j: - 2 7 . 8 : - 4 3 . 5
197 !| - 2 9 . 1 : - 1 7 . 3
5, 031 ! -f 9. 4 i —4. 4
13,101
15,478 '
84.6
105
74
20, 389
21, 087
96.6
96
84
57,649
67.6
58.25-1
56,634
58. 882
CO. 3
50, 264
54, 237
61,945 ji
19.01
17. 00
18. 40
20.26
18.00
19.73
20.26
18.40
19.79
i 27,669
I 15,864
i 19,404
j 101,393
s, 970 i
1, 952
208
;1
-5. 9
-13. 3
+16. 2
+5.3 i -11.7
+4. 6 ; - 7 . 7
+6. 0 ! - 7 . 3
+6.7 !
-G.9
61.5 j! +8.5 ; +9.9
60.363 \\ +18.3 ' - 3 . 5
50.056 H +10.2 +13.1
0
0
-6.2
-7.6
-7.0
o
2 26. 714
2 34,412
2 29,247
2 31,342 !
+9.5
-8.9
168, 281
161,776 :;
155, 344
151,165
151,965 : - 2 . 2
157,299 : + 4 . 1
-3.9
,
!
Cast-iron Boilers and Radiators
Round boilers:
.thous. of lbs.
Production
.thous. of lbs.
Shipments
..thous. of lbs.
New orders
-thous. of lbs.
Stocks, end of month
Square boilers:
thous. of lbs.
Production
thous. of lbs.
Shipments
thous. of lbs.
New orders
thous. of lbs.
Stocks, end of month
Radiators:
Production. ..thous. sq. ft. heating surface.
Shipments. ..thous. sq. ft. heating surface.
New orders ..thous. sq. ft. heating surface,
Stocks, end of
month... ..thous. sq. ft. heating surface.
13,341
10,620
10,566
81,894
i
!
!
;
15,631
10.407
11,238
87,666
i
!
i
!
20,202
16,130
15,276
89,880
29,068 !
18,099 |
19,466 !
131,341 |
36,544
16,474
17,006
151,678
|
|
!
|
21,331
25.437
13,527
13,132
12,473 I 16,085
89.855 i 101,042
64,467
li
li
ji
i
+17.2
-43.5
- 2 . 0 I -34.4
+6.4 ; -42.1
+7.0 I -13.5
65, 035
44, 686
45, 284
38.009
-41.6
32.036 ' - 2 8 . 3
33.315 ;; —26.4
+25.7
-9.0
-12.6
+15.5
67, 426
39, 764
39,454
90,355 '< + 3 4 . 0
53, 865
+35. 5
54, 702
+38. 6
46.329 i
28,269 !
28.221 !
45,394
28,012 I,
30,921 |i
:
i
i
I
+43.7
+25.4
+5.7
+50.1
17,261 j + 2 2 . 1 [ + 4 . 5 I
8,965 | - 1 4 . 6 j - 1 0 . 8 j
11,588 j - 2 7 . 6 i - 2 4 . 1 |
8,714 |i + 1 8 . 6
-2.0
-.9
+9.6
f-32.3
Gas-fired Boilers*
Shipments
Shipments
Production
Stocks, end of month
dollars.,
thous. B. t. u_
thous. B. t. u_
thous. B. t. u_.
Crude Steel
Steel ingots, production:
United States, total
Ratio to capacity
Canada
U. S. Steel Corporation:
Unfilled orders.
end of month
Earnings...
96, 589
86, 892
132, 733
846, 845
j
128, 824
103,250
165,901
880,423
177,859 if
147,845 H
217,385 >\
!
i1 + 3 8 . 1
i1 4-43.2
Ji +31.0
923,617 :j.__
'
___|! +4.9
403,272 i!
337,987 |!
516,019 !|
j
I
!
thous. of long tons..! * 3.127 i * 3,176
percent..!
65 i
66
thous. of long tons._ I
81',
96
I
I
I
|
thous. of long tons..!
3,455 |
3,973
thous. of dolls..!
9,625!
9,753,
2
Cumulative through Feb. 29.
4
Revised.
4
3, 991
83
84
4,276
11.900
«4,045
*88
99
4,398 |
13,581 I
4,508 ;
91 !
118 I
4, 335
15, 453
4
3, 812
86
56
3,597
14,943
4
+11.4
4, 535
+3.4 i
'91
107 i +19.2 i
o' }
+10.3
3,553 i - 1 . 4 I + 2 2 . 0 i
17,129 I + 1 3 . 8 1 - 9 . 8 I
12,137
12, 544
+3. 4
""361"!:"+35." 6
45,585
f See table on p. 48 of this issue for earlier data.
* See table on p. 18 of the April, 1928, issue for earlier data.
40,934 j; - 1 0 . 2
25
TREND OF BUSINESS MOVEMENTS—Continued
1 Per ct
-1 x -. ,.
1 ,
The cumulatives shown are through
March, except where otherwise noted.
Earlier data for items shown here may
he found on pages 24 to 138 of the
February, 1928, " Survey "
Novem- S Decem- Januarv
ber
I ber
- ^ :
y.cr.
February
March.
(-)
CUMULATIVE TOTAL :; inFROM JANUARY 1 cease
THROUGH MARCH
31
or dei crease
' Mar.,
February
from
Vfti
'
i cumulative
1928
from
1927
IKON AND STEEL—Continued
C r u d e Steel—Continued
Steel castings: |
Production—
Total
short tons..
Ratio to capacity
per cent..
Railroad specialties
short tons..
Miscellaneous
short tons.._
New orders—
Total
short tons. _
Ratio to capacity
per cent..
Railroad specialties-.short tons..
Miscellaneous
short tons..
Sheets, black, blue, galvanized, and
full finished:
Production—
Total
net tons..
Ratio to capacity
per cent..
Stocks, end of m o n t h Total
net tons..
Unsold...
net tons..
Shipments
_
net tons..
New orders
_
..net tons..
Unfilled orders, end of month
net tons..
Steel barrels:
Production
barrels..
Ratio to capacity
per cent..
Shipments
barrels..
Stocks, end of month
barrels..
Unfilled orders, end of month
barrels..
Track work, production
short tons..
Iron, steel, and heavy hardware:
Sales
re!, to Jan., 1921..
Lock washers, shipments
thous,. of dolls..
Wholesale prices:
Steel billets, Bessemer ..dolls, per long t o n . .
Iron and steel
dolls, per long t o n . .
Structural steel beams
dolls, per 100 lbs..
Composite finished steel-dolls, per 100 lbs..
59, 008
41
19,146
39, 862
62,094
43
27.639
35; 055
74, 079
51
28, 714
45, 365
86.806 sI 92,193
60
01
37,719 i 38.417
49,087 ! 53, 776
88,915 I 102,836 !
62 I
71
35,322 | 41,232
53, 593
61, 601
77,076
91, 069
53 j
63
41, 276
39,112
37,964 ! 49, 793
90,244 I 81. S3!
62 !
41,096
30, 956
49,148 i 50, 878
91.683
G6
4 L, 355
53, 328
58,346 '
40
19,358
38,983 :
!
i
!
!
232, C41 i 260,130
G5.9 ;
75.9
316, 541
89.6
330,565 i 366,127
98.7 ! 103.0
145,644 - 150,104 170, 453
52,966 ! 52,474 i 59, 508
224,789 ! 221,689 i 274,126
344,519 530,197 I 302, 921
437,306 745,393 I 694,197
500,909
45.6
497, 345
63,017
845,789
9,706
169, 918
55, 594
298,420
266,210
667,054
163,846
53,144
359, 532
399,441
675,196
33.00
35.39
1.75
2.47
166 !
183;
33.00 ;
35.10 i
1.80 i
2.46 i
157
219
33.00
35.27
1.80
2.47
158
236
1S7
293
33.00
35. 57
1.85
2.52 j
33. 00
35.81
1.90 i
2.54
34.680
55, 361
-9.3 j
-8.1 !
—24.7 i
+3.5 i
282,171 359.340 , +10.8
97.4 j 108.8; +4.4
157,614 j 160,357 I -3.6
47,168
46,827
-4.4
261,412 338,436 i +20.5
241,951 345,900 ! +50. 0
513,002 1 510,924 j +1.2
504,134
! 444,227 • 475,906 ;' 518,944 636,855
46.2
40.6 i
43.7
46.2 55.1
! 454, 638 ' 474,159 I 514,362 I 644, 521 503,183
! 52,606 ! 54,353 1 58,935 I 51,269
52,360
il, 308, 365 '1,351,797 il, 417, 627 U, 343, 5831,663,772
9,139 9,332
11,371 j 15,058
13,678
186 !
174
90, 041
+6.2 • -10.3 H
+6.7 ; - 9 . 9
+1.9
—6.8
+9. 6 ! - 1 2 . 7
-9.1
-8.1
-10.7
-8.1
+1.9
-3.3
+2.2
+13.5
+6.2
+15.5
+32.2
!
278,837 I
253,078
110,591 j
168,246 |
104.850 ! - 5 . 2
148; 228 !: - 1 1 . 9
292,503 I
263,147 ij - 1 0 . 0
~l29,~496T"Il3,~328~
163,007 j 149,819
898,367
838, 867
849, 208
-9.2
"-IY.I
-?. ]
1,013,233
+ 12.8
932,078 !
968,572
+11.1
+14.1
i 575,850 +22.7
I
51.7 i +19.3
! 568, S21 +25.3
I 59,389 -13.0
1,545,980 i -5.2
I 19,216 I +32.4
+10.6
+6.6
+13.3
1, 609,121
1,631,705
+1.4
1, 597, 522
1,633,042
-13.7
-13.1
-21.6
+2.2
45,863
200 < +18.4
302 +24.2
-6.5
-3.0
763
34.00 : 0
36.82
+.7
1.90
+2.7
2.55
+.8
-2.9
—2.7
0
-.4
165 i
253 j
33. 00 j
37.01 I
1.95 I
2.56 i
35,761 i - 2 2 . 0
748
-2.0
i
Fabricated Steel P r o d u c t s
Structural steel, fabricated:*
New orders (prorated)
short tons..
Ratio to capacity—
per cent..
Shipments prorated
short tons..
Ratio to capacity
per cent..
Steel plate, fabricated, new orders:
Total
short tons..
Ratio to capacity
per cent..
Oil-storage tanks
short tons..
Steel bars, cold finished, shipments*
tons..
Steel boilers, new orders:
Total
number. „
Area
thous. of sq. ft..
Steel furniture:
Business group—
Shipments..
thous. of dolls..
New orders
thuos. of dolls..
Unfilled orders, end mo.thous. of dolls..
Shelving—
Shipments
thous. of dolls..
New orders
thous. of dolls._
Unfilled orders, end mo.tbous. of dolls..
Iron and steel:
Exports
long tons..
Imports.
long tons._
236,250
63
247,500 ;
66 !
262,500
70
240,000
64
i 210, 000
!
56
; 210, 000
1
56
27,341
34
8,920 .
27,028
35,658
44 1
13,367 !
28,497
35, 787
45
11,101
45, 010
1,235 !
1,125
1,054
906 ;
* 1, 042
4
872
2,856
2,476
1,577
2.741 1
2,850 ;
1,414
591
575
651 i
177,928
51,185
1
* 266, 250
4
71
236, 250
4
63
4
49,820
62
25, 532
40, 354
258, 750 1 243,750
65
69 I
202, 500
236, 250
63
45,071 !
56
24, 596 i
39,957
59,643
74
32,983
39, 408
232, 500
62
221, 250
59
-2.8
-2.8
0
0
55, 407
-9.5
69 : - 9 . 7
24,127 ; - 3 . 7
48,032 : - l . o
+11.3
+11.3
+6.8
+6.8
-18.7
-18.8
+1.9
+9. 5
671,250
735,000
618, 750
682,500 '
150, 904
130,678 i - 1 3 . 4
-16.8
71,452
122,327
61,229 ! - 1 4 . 3
125,321 | +2.4
+10.3
4
986
1,165
1,245
1,334
1,101
1,390
1,413
1,492
1 +26.3
; +14.5
-11.9
-10.6
3,535
4,061
3,273 i - 7 . 4
3,371 i - 1 7 . 0
2,713
3,248
2, 000
2,909
3, 296
2,389
3,169
3,283
2,512
2,686
2,771
1,804
3,081
3,022
1,744
8,791 !
9,827 |
680
769
680
682
741
743
832
84]
775
608
658
675
691
690
679
168,428 !
55,070 !
205, 766
49,903
185, 915
36, 861
221,935
58. 666
166,128
31, 908
171,094
47,312
+2.9
+8.6
+44.0
+20.4
+21.9
+14.1
+29.7
+24.0
8,498
8,680
578;
619 |
606
+8.9
' -.4
; +5.1
| +22.0
i +13.5
! +4.3
+19.4
! +59.2
74,830 i61,944 |.
1,396 I
1, 958
6,076 I 7,873
74, 563
62, 510
1,437
4, 975
81,522
64,961
1,811
5,896
i
+3.4
+13.2
i
!
1,854 |
1,924
2,351 i +22.2
552,457
121,439 j
613,616 | +11.1
145,430 j +19.8
2,194 | +18.3
Machinery
Washing machines, shipments:
Total
.number..
Electric
number...
Water softeners, domestic, shipments
units..
Water systems, shipments
units..
Pumps:
Domestic, shipments—
j
Pitcher, hand, etc
units..!
Power, horizontal type
units._|
Steam, power, and centrifugal—
j
New orders
thous. of dolls._j
Shipments
thous. of dolls._J
Unfilled orders, end mo.thous. of dolls..
Agricultural machinery and equipment:
Shipments—
j
Total
rel. to 1923-25..j
Domestic
rel. to 1923-25..
Foreign,.
_rel. to 1923-25..
Production
rel. to 1923-25..
2
Cumulative through Feb.
« Revised.
69,945 i 68,840
79,422
64,082 i 56,999 i 56,728
1,414 ;
1,106 !
1,268 I
7,079
6,746
5,980 l
38,148 ! 51,822
1,370 I 1,591 j
1,300 I 1,137
1,403
1,294 i 1,255 1 1,138
3,112
3.092 i 3,125 :
36,130
1,461
87.3
80.0
125.6 i
123.5 ;
2Q.
90.7
82.4
133.8
136.0
116.0
117.2
109.9
130.7
51, 999
1,598
1,346 !
1,177 j
3,260 I
52,946
46,921
695
2,578 !
1,418
1,352
3,309
1,390
1,487
3,384
2
143,670
ij
:j 2 141,777
;
2 118,672
i
!
! 2 117,829
4,622
I +40.3 ! + 8 . 1 N
4,521
20,695
! +29.6 •• +33.5 ;[
15,757
42,532 \ +1.8 +24.5
875 '; +61.3 +194.6
134,736
2,178
1,800 I +5.3 - 2 1 . 1
1,482 j +14.9 - 8 . 8
3,686 i +1.5 ; - 1 0 . 2
4,824
4,081
140.4
187.4
+26.7 +14.1
« 168. 8 I 213.8 I
185.1
+35.8 +17.0
« 159. 4 ! 216. 5 j 133.5
+4.1 i
199.8
-4.7
4 218.2 i 207. 9 i 176.2
+6.3 !
136.0 i +5.9
< 136. 5 I 144. 6 i 138. 6
* See table on p. 21 of the March, 1928, issue for earlier data,
t See table on p. 20 of the March, 1928. issue for earlier data.
ii
i!
+1.3
+.7
j +2.2
| +31.3
156,767 11 +16.4
5,767 lj+164. 8
ii
3,901 || - 1 9 . 1
3,667 j! - 1 0 . 1
26
TREND OF BUSINESS
Novem- I December
i
ber
January
February
Mar.,
1928,
from
Feb.,
1928
Mar.,
1928,
from
Mar.,
1927
131.1
+12.1
+33.7
f-5.7
105
41,400
115
49, 694
143
155
234
152
158
226
+44.7
-.5
+10.4
+20.0
+13.9
1,401
1,255
14
928
1, 814
1,502
1,570
10
1,184
1,747
269
148, 381
127, 459
291
144,305
139,528
934
694
3, 352
1,065
750
3,042
February
March
March
Perct.
increase
(+)
or decrease
(-)
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MARCH
31
PER CENT INCREASE ( + ) OR
DECREASE ( —)
1927
1923
1927
The cumulatives shown are through
March, except where otherwise noted.
Earlier data for items shown here may
be found on pages 24 to 138 of the
February, 1928, " Survey "
MOVEMENTS—Continued
cumulative
1928
from
1927
1927
1928
131, 561
283
-2.1
113,640; -13.6
IRON AND STEEL—Continued
Machinery—Continued
Foundry equipment:
138.6
123.6
106.8
129. 7
New orders
rel. to 1922-24..
95.8
110.4
147.9
116.4
110.6
Shipments
rel. to 1922-24...
97.2
Unfilled orders, end of
127.1 j
132.9
103.5
month
rel. to 1922-24..
105.8
Stokers, mechanical:
123 l
75 i
85
83
Sales (new orders)
number..
67
32, 202
26,572 |
43,425 |
43, 643
Sales (new orders)
_
horsepower..! 16,955
Machine tools:
222 I
201
169
218 i
New orders
rel. to 1922-24._|
134
210 !
175
149 !
157
Shipments
rel. to 1922-24..!
149
330
376 i
293 I
192
Unfilled orders, end of mo...rel. to 1922-24. _ I
214
Woodworking machinery:*
. !
1,245
1,305
1,145
New orders-thous. of dolls._|
1,075
1,172
1,130
1,147
Shipments...
___thous. of dolls..!
1,152
9
19
23 i
Cancellations
thous. of dolls..|
12
920 •
890
881
Machines shipped
number..)
854
1,456
1, 539
1,470
Unfilled orders, end of mo. -thous. of dolls..!
997
Electric hoists:
j
j
New orders—
j
399
557
346
272
Quantity
number..
223 j
260,222 :
160, 852
172, 472
Value
dollars..| 102,238 j 122,663
214,080
166, 920
Shipments
dollars.. 139,066
102,206 I 133,842
Electric overhead cranes:
I
672
432
762 :
595
Shipments
thous. of dolls..j
637 j
704
586 i
358
519
New orders_-_
thous. of dolls..;
525 1
1,792
1,699
1,735
1,763
Unfilled orders, end mo
thous. of dolls..
], 975
Electric industrial trucks and tractors:
Shipments, domestic—
j
18
15 :
Tractors
number of vehicles..!
15
97
98
86 !
All other types
number of vehicles..!
64
16
9
18
!
Exports
number of vehicles..!
19
Patents issued:
j
3,
504
3,136
3,
229
3,170
Total, all classes
.-.number..
4,232
32 ,
49
42
45
Agricultural implements
number..
61
33
61 i
52
51
Internal-combustion engines
number..;
60
198.0 j
ll
+7.0
-12.6
+46.1
+32.9
+66.4
2 2,390
2 2,277
2 32
2
1,810
+14.3
-5.4
+39.6 | +91.4 j
+ 5 0 . 9 ! + 8 0 . 3 |j
+ 2 8 . 3 \ +53.4 jj
822
426, 692
406, 509
1, 302
593, 546
514, 842
+58.4
+39.1
+26.6
+12.9 ! - 3 6 . 9 11
+35.6 ! - 6 . 1 i
- 3 . 6 ! - 4 4 . 1 j|.
2,703
2,332
1, 699
1, 581
-37.1
-32.2
27
283
34
38
281
43
+40.7
10,244
143
198
9,869
126
164
-3.7
-11.9
-17.2
-4.0
-4.9
]
11
120
7
+20.0
+12.8
-n.i
+3.0
+53.1
-14.8
:
:
I1
3,148 '
48 i
55 i
10
96
io
4,067
53
79
69,202 |
80,065 j
69, 314
80,965
+4.1 j +1.2
-3.4 ' - 2 . 3
214, 714
250, 749
206,064
238,434
122,673 I
132,870 i
67, 564
37,184
126,975
136,347
79, 537
45,306
382, 758
412, 554
223, 600
126,369
376, 543
429,934
211,255
143,397
105,401
272,757
.1268
103,072
263,793
.1308
+3.3 i +1.6
+. 2 ; +6. 2
-1.6 | -8.7
+11.9 +6.4
+.4 ! -15.3
-2. 0 I -8.1
+.2 i +5.9
!
|;
|i
!
il
-14.1
-8.4
2 2, 782
2 2,485
2 28
2
1,913
+80.0 I!
+1.0 j!
j +60.0 ||
i -20.6 '
| -7.5
! -34.2
-.7
+26.5
NONFERROUS METALS
|
Copper
Production:
!
Mines.
...short tons..I 68,080
Smelter..
_
..short tons..; 79,878
Refined (North and South
;
America)-.
_
short tons..; 118,269
World production, blister
short tons..; 141,975
Domestic shipments, refined
short tons..; 59, 264
Exports
_
_
.short tons..| 41,129
Stocks (North and South America), end mo.: \
Refined
short tons..: 90,874
Blister
.short tons..! 250,014
Wholesale price, electrolytic
dolls, per l b . . |
. 1332
70,172 j
79,110 !
67, 222
85,868
68,469
77, 429
67, 423
81,895
128,923
148, 961
60,862
51,322
122, 723
140, 546
64, 824
52, 095
124,848
144, 546
73, 789
43,092
128,972
144,842
72,642
48,210
95, 298
248,420
.1377
96,476
237,961
.1385
247, 529
.1382
87,292 !
242,521 !
.1385
i
|
|
j
!
-1.6
+4.2
-5.5
+13.5
i
Copper P r o d u c t s
Plumbing fixtures:
Wholesale price, 6 pieces
Wire cloth:
Production
thous.
Shipments
thous.
Stocks, end of month
thous.
New orders
thous.
Unfilled orders, end of mo. thous.
Make and hold orders, end
of month
thous.
dollars.
of sq.
of sq.
of sq.
of sq.
of sq.
104.33
ft.
ft.
ft.
ft.
ft.
|
of sq. ft..!
464 i
470 i
1, 161 i
442
292
!
366 •
Tin
|
;
Deliveries (consumption)
Stocks, end of month:
World visible supply
United States...
Imports
Price, pig, New York
long tons..'
;
long tons..!
long tons..!
long t o n s . J
dolls, per lb.-l
5,665 i
:
14,594 i;
2,003
4,876 i
. 5709 ;
99.44
98.59
98.40
99.35 !
492
404
1,213
381
316
449
425
1,189
414
315
435
453
1,150
399
297
584
452
1,141
400
269
413
!
i
!
468
415
1,143
i
275
l
105.17
+1.0 ; -5.5
510
434
« 1,192
397
<314
+34.3 ! +14.5
339
+2.4 ! +24.5
6,545
+37.5 \ +21.6
I
412 |
2 i
+.3
-9.4
1,479
1,273
+4.1
-4.3
+.8
1,468
1,330
!
-.7
+4.5
1,213
-14.3
4, 535
5,415
5, 790 |
7, 960
5,965
15, 733
1, 573
3,958
. 5805
15, 244
2, 518
5,727
. 5518
17,645 '
1,998
5,992
.5179
15, 586
2,078
8,138
.5163
14,221
2,484
4,704
.6653
77,084
52,347
40,751
72, 204
52,414
42,163
72,444 i
50,042
« 41, 290
71,252
55,881 ,
41, 529
85.836 ; 83,208 j - 1 . 6 j - 1 4 . 4 |
+11.7 ) -1.2
51,341
56, 546
32,938 ; 36,279
+.6 ; +14.5
54, 586
43.147
.0572
37, 612
49, 905
.0564
47,217 i
52,398 j
.0555
47,972
59,740
.0562
46,603 I
29.202
. 0667
69,125
18,538
.0609
* 54, 991
53, 202
54,151 \
61,12S
6,605 i
72,264 i
54,021 |
167,692
. 0533
6,424
77,0."i
15, 441 - 1 1 . 7 ;
+.9
1,709
+4.o ;
5,946 S
| +35.8 ; +36.9
.6783 "
- . 3 -23.9
18,805
19,165
+1.9
18, 616
19,857 ;
+6.7
164, 785
158,337 j!
-3.9
185, 563
132,801
174,662
167,599
-4.0
28,424
192, 431
2 108,087
20, 552
225,173
2 109,991
-27.7
Zinc
Retorts in operation, end of month...number..;
Production
..short tons..:
Stocks, end of month
short tons..!
Ore, Joplin, district:
\
Shipments.
short tons..;
Stocks, mines, end of month
short tons...
Price, slab, prime western
dolls, per lb__j
78, 627 [
49,217 {
39,320 j
|
49,830 |
39,296 j
.0575 j
Lead
•
I
!
57, 703 ! 56, 812 j « 54, 406
Production
short tons..
Ore shipments:
Joplin district
.short tons.,
8,207 i
13,079
7, 463
Utah
short ions..
70,752 1
83,003
75, S55
Receipts in U. S. ore
short tons..
57,035 |
57,027 i
55, 970
157, 417
Stocks, U. S. and Mexico, end mo—short tons.. 155. 568 i! 156,280
Price, pig, desilverized, N. Y
dolls, per lb._
.0628
.0650 '
.0650
' See p. 41 of Part II,
-' Cumulative through Fob. 29.
* Revised.
+ 1 . 6 -30. 6
+14.0 +222.3
+1.3 -16.0
+5.8
7.448 :
10. 10 i
-3.6
61,305
66,358
51,722 i 58.304
139,824 j 145.76d
.0758 • - 5 . 2
.0600 .,
.0742
-4.8
-36.8 :
+16.1 :
-20.8
:
Metals and Machinery, of the Record Book of Business Statistics for earlier data.
-28.4
+17.0
+1.8
27
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives shown are through \
March, except where otherwise noted.
Earlier data for items shown here may
be found on pages 24 to 138 of the
February, 1928, " Survey *'
Novem-
1928
December
January
72, 424
146,113
69, 356
28, 993
55, 974
157, 868
66, 504
33,160
70, 633
156, 028
78, 494
36,473
75,
165,
83,
43,
77,862
193, 811
76, 055
66,913
204, 744
78, 292
83, 780
223, 265
84, 031
73, 450
233, 091
86, 879
40, 441
131, 329
38, 279
ber
February
CUMULATIVE TOTAL
PER CENT INFROM JANUARY 1
j CREASE ( + ) OR i
THROUGH MARCH
DECREE,SE ( - ) j
31
1927
February
March
663
514
479
321
82,810
189,108
79,810
43,104
98, 799
186, 642
104,993
46,109
86,946
201, 891
94, 242
87,383
217, 715
97, 407
88, 832
267, 550
85, 880
113,983
256, 641
118, 642
93, 739
232, 325
97, 336
90,126
260,971
101, 797
99, 613
311, 786
94, 215
117,784
325,102
123, 645
34, 675
42, 043
140,597 ! 133, 366
38,814 j 40, 353
42, 601
136, 524
44,945
45, 630
139, 952
43, 349
50, 753
133, 431
51,961
March
Mar.,
Mar., 1
1928,
from
Feb.,
1928
1928, |
from
Mar., !
1927 !
increase
{
v
i or dei crease
1927
1928
(-)
i cumulative
| 1928
I from
S 1927
NONFERROUS METALS-Continued
E n a m e l e d Ware
Baths:
S hipments
pieces..
Stocks, end of m o n t h . .
pieces..
New orders
pieces..
Unfilled orders, end of month
pieces..
Lavatories:
Sh ipmen ts
pieces..
Stocks, end of month
pieces..
New orders
pieces..
Sinks:
Shipments
pieces..
Stocks, end of month
pieces,.
New orders
pieces-.
Miscellaneous sanitary ware:
Shipments
pieces -.
Stocks, end of month
pieces,.
New orders
pieces..
Small ware (all except baths):
Unfilled orders, end of month
pieces,.
Enameled sheet-metal ware:
Shipments
dozen pieces,.
Porcelain flat ware:
New orders—
Total
thous. of sq. ft..
Ratio to capacity
per cent..
Shipments—
Total
thous. of sq. ft,.
Ratio to capacity
per cent,.
95, 330
287,113
99,903
124,840
118,617
115,878
307,280 \ 319,871
372, 885
372, 452
440, 689
104,774 i
5,308
43
4,895
44
5,421 j
45
5,378
45
6, 394
50
5,609
44 i
5,473 |
46 |
5,824
49
4, 506
1,186
3,320
4,466 i
1,296 i
3,170
4,929
894
4.034
4,470 I
1,027
3,444
4
6,136
* 7, 571
5,993
47
7, 567
59
4,928
1,025
3,903
5, 452
1,066
4,386
5, 626
1,208
4,418
468.757
178,457
263, 685
26, 615
138,788 !
165.707
39,018
36,123 i
474,302
160, 558
289,347
24, 397
165, 927
2 146, 296
2 166,612 ! 2 161, 973
-2.8
2 191,818 j 2 174, 329 j - 9 . 1
~2~ 192~600 ! 2" 191, 649 |j
2 198,791
2199,141
—."5
2 183,865 || - 7 . 5
i
U99,133
2
2 86, 095 j
84, 644
0
-1.7
"~2~87,~6iIT~~2~85,~298
! 2723,200 I ^692,750 11 - 4 . 2
2 12, 896 I
2 io, 799 - 1 6 . 3
2 11,935
2 11,297 I [ - 5 . 3
16, 518
2,494
13, 024
14,327 j - 1 3 . 3
2,946 i +18.1
11,381 !| - 1 2 . 6
Other Metal Products
Babbitt metal, consumption:
Total apparent
Direct by producers
Sale to consumers
Pails and tubs, galvanized:
Production
Shipments
Other galvanized ware:
Production
Shipments
Band instruments, shipments:
Total
C a p mouthpieces
Saxaphones..
_
Wood wind
i
thous. of l b s . , j
thous. of lbs..j
thous. of l b s . J
j
dozens. _|
dozens. _ I
I
dozens.. j
dozens.. j
dollars.
.dollars.
...dollars.
dollars
Electrical E q u i p m e n t
112, 690
110,275
35, 602
28, 578
603,944
216,128
352,960
34, 856
125, 536
93,273
90,254 ; 149.304
22,090 i 32, 678
17,013 i 35, 689
589,967 i 318,106
223,946 | 126, 852
340,266 ! 169, 050
25,755 I 22, 204
165, 757
162,153
28;513 i
26,334
445, 737
169, 616
247,489
28, 632
AUTOMOBILES
- . 2
+13.3
•
;
- 1 5 . 1
-11.7
2 269,794 I 2 291,293
2 307, 524 2 311, 457
2 70, 037
68, 205
2 61,191
2 62, 023
-12.6
-9.1
1,441,741
498,412
867,316
76, 013
1. 232, 600
474, 925
680, 224
77,451
-14.5
-4.7
-21.6
2
+5.2
+5.2
+6.5
-7.0
! -16.2
I -8.0
I -21.8
• -6.6
+8.0
+1.3
+1.9
!
Electrical mfrs.. new orders
!
3
3
(quarterly),.^
thous. of dolls.. J.
239, 999
244, 917
Electrical porcelain, shipments:
j
Standard.
_.
dollars,.! 69,195
77, 212
66, 391
65, 809
Special
dollars..! 178, 583 111, 408 115, 394 110,933
High tension
dollars._| 446,991 451, 894 408,401 438, 584
Glazed nail knobs
thous. of pieces._|
2,134
3,201
3,363
2, 441
794
Unglazed nail knobs
thous. of pieces..j
1,092
1,091
1,070
Tubes
thous. of pieces..!
1,361
1,383
1,127
975
Laminated phenolic products,
shipments.
..dollars.. 679,369
683, 664
564,775 I 677,861
Motors:
|
864,562 ! 569,883 767,634 i
New orders
dollars._| 626,092
Billings (shipments)
dollars._| 630,628 815,830 i 638,562 627.799 i
Outlet boxes and covers, shipments
pieces._j2, 728, 841 1,947,433 |2,139, 038 ,715,105 I
Vulcanized
fiber:
j
596 ;
663 I
685 !
Shipments, total
thous. of dolls._j
667
2,231 ; 2,355
2,442!
Consumption
thous. of l b s . . |
1,929
140,415 \ 137,417 j 118,363 I
Industrial reflectors, sales
u n i t s . . | 141.392
Flexible cords:
I
37.764 ! 35,082
37,279
Shipments
thous. of ft..! 55,603
Stocks, end of month
thous. of ft__| 46, 332
46,222 I 51,396 i 47,277 i
Welding sets, new orders:
285
128
129
Single operator
.units..;
123
172
11
7
31
Multiple operator
units..:
11
8,085
Nonmetalic conduits, shipments, .thous. of ft..!
9. 017
6, 735
6,755
Delinquent accounts, electrical trade:
:
;
197,462
184,500
184,688 213, 043
Amount
dollars..; 148,358
1,769
1,407
1,381 !
1,361
Delinquent firms
number._'
1, 286
Production:
United States—
Total
number
Passenger cars..
number
Trucks
number
Canada—
Total
number
Passenger cars*
number
Trucks
..number
2
Cumulative through Feb. 29.
202.393
182,692
32,942
30,980
559, 663
193. 961
337, 206
28,496
+10.2 ; - 1 2 . 4
; ^243,652
j-2.0 i
+.5
* 180, 259
2 237, 724
87,083 I 108,688
115,043 I 168,148
2,324
2,011
1,532
2,844
866
1,371
I 439,334
2143, 021 i - 2 0 . 7
2 226, 327 ] - 4 . 8
!
I 2933,900 21, 361, 525
505,213
732
2,371
122,359
919
3,002
135,084
138
12
8, 464
10, 886
206,283
1, 505
242, 606
2,040
142
+45.8
I21,424, 009 2 1,337,517 !j - 6 . 1
in,
437, 219 2 1,266,361 - 1 1 . 9
:2 4,313, 840 2 4, 854,143 +12.5
! 731,426 !l, 078, 639
I 671,208 ! 802,572
2,055,172 12,093,021
2 it 527
2 5 310
2 208, 511
+65.7 i+100.7
+47.6 +342.9
2
2 1,348 - 1 1 . 7
2 4,797 it - 9 . 7
255, 780 I - 4 . 7
399
35
2 18,952
585
59
2 14, 840
+46. 6
+68.6
-21.7
938,133
809, 7*9
732 i
128, 401
968, 032
867, 782
100, 250
-21.9
+15.4 I - 1 2 . 2
+25.7 j - 1 3 . 3
i
I
I
of cars..;1 134,416
133,579: 231,693 323,514
412,825
of cars.. 109,758 1 106,080: 205,543; 290,831
371,408
of cars..: 24,658
27,499
26,150
32,683, 41,417
;
i
j
:
il
of cars. J
6,617
3,435?
8,463: 12, 504
9,724
of cars..;
5,173 j
2,277
6,705 i 10,315
7,478
of cars..
1,444
1,158'
1,758
2,189
2,246
:
Quarter ending in month indicated.
* Revised.
304,763 394,443 +27. 6 ; +4. 7 !
345,911 +27.7 ! +7.4
264,171
40,592 | 48,532 ! +26. 7 | -14.7 I
18,655
23,250 - 2 2 . 2
14,826 : 19,723 ! - 2 7 . 5
3,829 I
3,527 ' + 2 . 6
*See table on p . 18 of the
-58.2
-62.1
+3.2
+7.2
30, 691 - 4 0 . 4
57, 281
24,498 - 4 7 . 1
46,294
6,193 - 4 3 . 6
10, 987
April, 1928, issue for earlier data.
-36. 3
28
TREND OF BUSINESS
MOVEMENTS—Continued
. r. C) \ .
\-
192?
The cumulatives shown are through
March, except where otherwise noted.
Earlier data for items shown here may
be found on pages 24 to 138 of the
February, 1928, " Survey "
Novem- !: December
Per ct
increase
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MARCH
31
Febrti-
March
January
ber
or decrease
:
Marc11
192S
1917
ctimu
lative
• 928
from
AUTOMOBILES—Continued
Experts (assembled):
From Ylined States—
31,405 ! 23. 609
To! al
number of cars._
21, 396 \ 16, 473
r o o m i e r cars
number of cars..
10,009 I
7,136
Tmclis
number of cars..
From C a n a d a j
Total
-number of cars._
3, 876 I 2,193
I'ussonj.vr cars
number of cars..
2,403 ! 1,857
r
330
i'rucks
number of cars._
1,473 j
Foreign a.-*Si mb]icnumber of cars.. 12,481 I 12, 518
Sales, pus^ciiu-r cars and motor
cycles
thous. of dolls.. 148,071
63,381
Shipments (General Motors Co.):
57, 621
60,071
To dealers
number of cars._
80, 539
53, 760
To users
number of cars..
Accessories and parts:
Shipments111
Original equipment..rel. to Jan., 1925..I
99
Replacement parts__.rel. to Jan., 1925._|
132
126
75
61
Accessories
rel. to Jan., 1925__i
143 i
104
Service parts.._
rel. to Jan., 1925..|
Exports
thous. of dolls._I
7,501 i 7, 505
1,134
Rim production
thous. of rims..!
839 I
New passenger-car registrations:
;
i
Total
number of cars._| 132,487 I 89,189
Highest price group.
number of cars..;
7, 253
9,315
Second highest, group
number of cars..! 33,834 I 26, 280
Third highest group
number of cars. J 37,951 I 26, 805
Lowest price group
number of cars..i 51.093 I 28, 515
Miscellaneous
number of cars_.|
336
' 294
32,060 j 33,952
20,476 ;! 25,114
1.1.584
8.838
4, 111
2, 628
1,483
12, 556
3, 502
1.83S
1,664
12,114
49, 974
40, 181
9. 793
31, 524
21, 355
10,169
39.527 ' +47.2 +26.4 '
29,985 I +60.0 +34.0 i
9,542 I +10.8 +2.6 :
9,072 !
6,512 ;
3,557
2,686
871 I
16. 22:
21,846
15,405 ,
6,441
52,104
64,403 I 199,046
133,290
6,727
32,033
42,633
51,348
549
11,170
7, 152
4.038
40, 90S
2 235,103 i * 263,449
385, 703
329, 310
125,181 I 169,232
107,278 I 132,029
163
137
79
142
7,489
1,812
115,980 + 15.0
80, 771 + 16. 8
30.215 + 10. 2
100.886
73, 462
27,424
-48. 9
-53.6
—37.6
+12. 1
492, 234
423, 013
+27. 6
+28. 5
29. 216
6, 038
+ 13.1
+13.6
I
I
I
!
!
25,840 i
5,314 \
2
2 355, 669 i 296,164
2
10, 504 | 2 14,088
2 68, 352 ! 2 66,154
2 71, 791 ! 2 92, 047
2 202, 292 1 2 122, 726
2
2
2, 730 i
1,149
;
!
'
I
!
-16.7
+34.1
-3.2
+28.2
-39.3
-57.9
FUELS
Coal and Coke
Bituminous:
ProductionUnited States
thous. of short tons..;
Canada
thous. of short tons..!
Export
.thous. of long tons..?
Consumption—
By vessels
.thous. of long tons..
By electric power
plant
thous. of short tons..!
By railroads
thous. of short tons..|
By coke plants—
United States..thous. of short tons,
Canada
thous. of short tons.,
PricesMine aver. (spot)..dolls, per short ton..
Wholesale comp._ .dolls, per short ton.
Retail, composite .dolls, per short ton.
Anthracite:
Production
.
.thous. of short tons.
Exports.
..thous. of long tons.
Prices—
Wholesale, comp. ..dolls, per long ton.
Retail, composite _ dolls, per short ton.
Coke:
Production, U. S.—
thous. of short tons..;1
Beehive
thous. of short tons..
B y-pro duct
Production, Canada.. thous. of short tons..j
.thous. of long tons..'
Exports
Price, furnace,
.dolls, per short ton. J
Connellsville
Petroleum
169,933 i 129, 514
4,362 !
4,502
4,448 i
2,402
41,277
1,867• 832
44, 208
1,683
850 !
!
363
271
319 j
4
4
3, 563
3, 719 I < 3,707 I
8,198 j 10,002 I
7,847
5, 626
5,834 ' 4 6,192 I
229
261
257 !
1.90 I
1.84 i
1.90
4.160 I 4.144
4.093 !
9. 32 I
9.21 i
9.31
6,902
277
13. 389
15. 07
13. 389
15.08
5,690
233
13.130
15.08
379
3,500
157
75
377
3,646
177
63
376
3,880
179
65
2.83
2.79
2.78
6.032
'226
1,002 j
891
2
7,179 ! 2 7,175
2 19, 240 ! 2 17,874
!
I
I
I
- 9 . 9 |i
+21.2 !|
13.339
15.36
4
754
3, 431
158
59
390
3, 723
167
76
4, 065
178
7-1
2.71
2.72
3.70
74,465
449 •
4
4
— .2 !
- . 1 !
-11.1
+.1
-7.1
19,658!
733 j
18, 704
742
18,511 i
561 i
16,769
646
-9.4
{-15.2
2,431
11,020
507
164
\
!
j
i
1,215
11,668
524
-50.0
+5.9
+3.4
+31.1
214,653 !
214,845
13,129 !
201,380 j
19, 026
205,908
+44.7
+2.2
2, 549
-38.5
83. 899
10', 072
10, 795
66,116
+3.7
+7.7
-4.9
+1.2
- 1 . 0 |L
- 1 . 8 !i.
890 + 15.1 ! - 4 9 . 6 !
3, 880 +9.2 I +4.8 I
172
+6.6 i +3.5 !
+60.9 i
46
3. 65
-23.8
+3.2
-46.0
+.4 j -25.5 ;
'•
Crude petroleum:
i
Production
thous. of bbls__:
Stocks at end of month—
i
Total (comparable)
thous. of bbls !
Tank farms and pipe
J
lines
thous. of bbls..!
Refineries..
thous. of bbls..!
California—
i
Light
thous. of bbls.J
Heavy
thous. of bbls__j
Imports
thous. of bbls. _!
Consumption (run to stills)
thous. of bbls.J
Refinery operation
per ct. of capacity._j
Price, Kansas-Oklahoma
..dolls, per bbl__|
Oil wells completed
_
number. J
Gasoline:
j
Production—
\
Raw (at refineries)
thous. of bbls 1
Natural gas (at plants) .thous. of bbls..!
Exports
. . . . t h o u s . of bbls.J
Consumption
thous. of bbls..!
Stocks, end of month—
;
Raw (at refineries)
thous. of bbls..;
Natural gas (at plants) .thous. of bbls..!
Prices—
I
Wholesale, New York...dolls, per gal..I
Retail, wagon* 50 cities..dolls, per gal j
Retail distribution, 41 States .thous. of gals..'
s
Cumulative through Feb. 29.
40, 628
1,753
1,121
73, 778
74,108
67, 874
75,304
348,885
351, 646
358, 892 I « 363, 340 368,099 ; 285,458
290,110
+ 1.3 ! +26.9
310,058
38,827
312,411
39, 235
317, 725 * 320, 979 324. 490
43, 609
41,167 i 42,361
247, 749
252, 678
37,709 ; 37,432
+1.1 I +28. 4
21,191
92, 555
5,339
69, 587
81
1. 230
1, 044
20, 058
91, 797
6,209
70,323
79
1.220
905
20,493 I
94,327
6,145
68,193 I
72
1.220
764
20.110
94, 797
6,036
65, 601
73
1.213
836
19,633
94,4S4
6,845
72,114
75
1. 190
949
28,558
3,410
3,654
24,400
28, 512
3, 512
2,949
23, 71S
27,879 :
3,367
3,692
20; 939
26, 775
3, 279
3,326
21,136
29,245
3,426
3,777
24,041
30,401
820
32,323
734
.170
.143
674, 840
36,112
740
38, 782
824
40, 229
842
.170
.143
600, 133
.170
.147
601,712
.170
.148
. 170
. 142
742,145
72,321 I 4 68,059
4
* Revised.
i
j
'
;
+9. 4 !
-1.1
+ 16.5
-1-2. 9
29, 770
87,640 i
4,181
63.036
79
1.700
1,342
29, 568
87,886
4,434
68, 741
77
1.335
1,417
+ 13.4 j
+9.9 1.
+2.7 j
-1.9 I
+ 13.5 !
+54.4 j
+4.9
25,024
2, 933
3,475
18,240
27,886
3, 271
3,117
22,464
+9.2
+4.5
+13.6
+ 13.7
4-4.9
+4.7
+21.2
+7.0
49,714 :
4
619
52, 410
697
.218 '~
. 205
.170
.162
1
529,487
601,016
- 2 . 4 ! -33.6
+7.5
-0.3;
!
!
j
;
-2.6
-10.9 :
-33.0
4,144
80,870
9,349
10,017
58,592
i
i
j
i
+ 12.8
+3.7 ! -23.2
+2.2 i +20.8
0
i -17.1
+0.7 I - 8 , 6
1,074,997 ! 1,201,845
' Refer to p. 21 of the March, 1928, issue for earlier data.
+ 11.8
29
TREND OF BUSINESS MOVEMENTS—Continued
1927
The cumulatives shown are through
March, except where otherwise noted.
Earlier data for items shown here may
be found on pages 24 to 138 of the
February, 1928, " Survey "
Novem-
1928
Decem- | January
ber
ber
1927
Febru
ary
March
February
! Perct.
CUMULATIVE TOTAL I inFROM JANUARY 1 | crease
THROUGH MARCH
31
I or decrease
i PER CENT IN, CREASE (+) OR
DECREASE (—)
Mar.,
1928,
from
Feb.,
1928
March
Mar.,
1928,
from
Mar.,
1927
cumulative
1928
from
1927
1927
1928
14,368 !
4,315 I
9,828 |
14,547 |! + 1 . 2
5,211 ij +20.8
8,700 I - 1 1 . 5
_.'j
FUELS—Continued
Petroleum—Continued
Kerosene:
Production
_
thous. of bbls.
Exports
thous. of bbls.
Consumption.-thous. of bbls.
Stocks at refineries, end mo-thous. of bbls_
Price, 150° water white
dolls, per gal.
Gas and fuel oils:
Production
_
.thous. of bbls.
Consumption—
By vessels
.thous. of bbls.
By electric pow. plants-thous. of bbls.
By railroads.
thous. of bbls.
Stocks at refineries, end mo-thous. of bbls.
Price, Okla. 24-26, refineries_dolls, per b b l .
Lubricating oil:
Production...
thous. of bbls.
Consumption
thous, of bbls.
Stocks at refineries, end mo-thous. of bbls.
Price, cylinder oil.
dolls, per gal.
Asphalt:
Production_•
thous. of short tons.
Stocks, end of month._thous. of short tons.
Imports
thous. of short tons.
Coke:
j
Production
thous. of short tons..I
Stocks, end of month..thous. of short t o n s . .
Wax:
Production
thous. of lbs..!
Stocks, end of month
thous. of lbs. J
4,824 j
1,815
2,514
7,841
.073
4,869
1, 226
3,819
7,669
.072
5,047
2,345
2,742
7,670
.070
4,783
1,541
3,221
7,692
.070
32,594
33,029;
32,271!
30,944;
4,110
4
502 ;
4,123
33,637 !
.838 i
4,264 | 3,783
649
589
4,211
4,711
31,982
29, 623
.800
!
:
i
i
4, 717 |
1,325
2, 737
7,826 I
.069 I
34,071 ||
4,453
1,381 ;
2,590
8,655
.083 :
30,185
32,377 |; +10. li + 5 . 2
3,587
: 3,874
4
671 ' 4 639 I
4
4, 341 ; 4,181
22,099 1 22, 561
1.250 I 1.219 !
2,754 !
2,905
2,345
1,988 i
1,235 i 2,334
8,412 !
8,361 : 8,035
.223 I
.255
.250
3,751 ! ! 4,236
^540
601 •
4,478 i
29,011 i "29*170"
.850 ;
.850
2,477 j
1,739 I
7,524 j
.245 |
2,801 ;
1,663
7,860 i
.245
2,658
1,606
7,978
.245
2,728 !
1,533
8,332
.245 !
290 i
196 :
9 •
263 :
221
9
199
209
209
230 i
4
102 !
349 !
108
345
103
330
48,146
171,700 !
54,039
167,214
55, 320
168, 900
49,068 I 50, 207
166,244 I 136. 465
48,565 i
38,592 :
33,845 !
54,315
30,736
32,654
48,134
39,108
43, 709
50,002 i
33,392 j 40, 688
46,468
270 '
269 ;
8
100
337
—1.4! - 1 . 8
-14.0; - 1 . 3
-15.0 -18.4
+1.7 - 1 0 . 6
- 1 . 4 -16.9
4,802
1,342
3,356
8, 753
173
235
14 I
222
235
15
295 :
98
326
97,286 11
+1.9
11,770 I +3.2
1, 730 '- 1 8 . 9
4
9,189 I - 1 . 6
+ 12.9J + 9 . 3
+11.3: - 5 . 9 '.
11, 401
2,133
4
9, 338
~~+6.~5i~+29.~3~.
0
-30.3
+6.5 +5.5 •
+29. 7! -14.8
+1.0; +4.7
—9.0 -10.8
7,669
5, 081
8,291
5,127
+8.1
+0.9
+29.2 +21.6
+17, 0:
+100.0 +14.5
-46.7
586
678
+ 15.7
48
19
-60.4
+7.0
+4.5
+9.2
+8.0
279
310
+ 11. 1
+2.3:
-17.9;
-6.4
32 2
155,121
154, 595
-0.3
53,644 j
47,363
198,452 | 201,340
RUBBER
Crude Rubber
World shipments, plantation
Imports (including latex)
Consumption by tire mfrs
World stocks, end of month:
World total
United States
Europe
Producing countries
Afloat
Wholesale price, Para, N. Y
J
long tons..!
long tons _ -;
thous. of lbs__;!
long tons..!
long tons..!
long tons_.;
long tons..!
long tons..;
dolls, per lb._
264,590
101,034
70,880
30.376
62,300
.273
thousands. J
thousands...
!,394
!
:
!
;
>
!
261,592 276, 670
100,131
110,243
66,737
69, 594
27,324 I 27,453
67,400 : 69, 380
.294
.288
44,639
28,337
45,037
64,131
35,515
50,614
+21.8: +14.6
i
2
101, 198
107,192
89,115
2
2
98, 136
113,188
90,177
2
—3 0
+5.6
+1 2
269,572: !
248,740 256,689
108,955: 114,000 j 91,186
85, 740
+4.7: +33.0
66,268
62,443
67,044
25,649 i
28,611 ! 29, 515 ~~-i2~9~ - 2 4 . T
68,700
66, 500
74,390
.261
.204
.234 :
.286
-12.8 -28.7
Tires and Tubes
Pneumatic tires:
Production
Stocks, end of month
ShipmentsDomestic
Export
Inner tubes:
Production
Stocks, end of month
Shipments—
Domestic
Export
Solid and cushion:
Production
Stocks, end of month
Shipments—
Domestic
E xport
thousands. _:
thousands _ _ j
!
thousands _ _
thousands._j
thousands..
thousands..;
;
., 100
145 :
593
216
3, 463
thousands. .
thousands..;
thousands..
thousands..
3,391
7,734
•, 6 3 5
2,959 j
178
3,742
10, 297
4
4, 026
7,491
3,924
132
4,784
8, 826
3,653 •
133
3, 834
8,298
3,204
151
4,727
8,705
4,094 j
199
4,086
9,760
5,176
11,020
3,724
12, 595
5,395
12,839 I
3,413
133
4, 469
90
3,997
81
3,763
4, 534 :
90 I
33
161
37
164
37
159
46
163
36
3
40
8
32
3
57
159
2
', 565
2
6, 738
8, 810
+16. 5
2 7, 577
+12.5
2
2.323
7,731 j
265
2 9> 262 11 + 1 9 . 8
2
2 8,191 i
2 169 i
8, 466
2 171
+3.4
+1.2
2 90 I
54 :
8:
2 67
2 76
2 15
-60.0
Other Rubber Products
Rubber-proofed fabrics:
;
Production—
Total
thous. of y d s . .
3,791
2, 518
2, 177
691
621
600
Auto fabrics
thous. of yds..;
874
Raincoat fabrics
thous. of yds.J
2,489
1, 303
611
594
703
All other
thous. of yds..!
720
710
773
New orders, auto fabrics
thous. of y d s . . |
Production, relative to capacity-.per cent_.|
26.3
23. 6
29.6
Rubber heels:
\
19, 203
17, 682
Production
thous. of pairs._j 20, 556
Shipments—
|
8, 384
To shoe manufacturers.thous. of pairs..j 10, 245
10, 786
To repair trade
thous. of pairs._
7,129
6,009
6, 314
For export
thous. of pairs. _
793
1,415
1,087
Stocks, end of month
thous. of pairs..
41, 727
42, 802
43,796
Rubber soles:
3,347
3, 255
Production
thous. of pairs..
3,431
Shipments—
j
2,520
2, 498
2,243
To shoe manufacturers.thous. of pairs..!
976
974
To repair trade
thous. of pairs..!
916
142
129
675
For export
thous. of pairs..I
Stocks, end of month
thous. of pairs. J
3,872
3,257
3,148
2
Cumulative through Feb. 29.
2, 575
757
1, 107
711
960
28.8
2,084 !
718
881
485 I
1,005 !
51.0
2,756
978
1,190
588
851
61.3
||.
iL
].
• .
i
L
19, 181
12,733 J
13,640 |.
10, 802
6, 754
1,127
44, 289
6,652 I
4,062 I
1,113
48,010 I
, 906
6, 367
772
47, 822
3,628
880
1,661
2,087
992
529
621
132
18
3, 381
3,309
1 221
490
26
4 802
4
Revised.
2
4, 752 i +18.8
2 1, 357 ' - 5 . 5
2 1, 981 +19.0
2 1,414 +57.3
2
1, 733 - 1 1 . 7
2 4, 000
2 1, 436
2 1, 665
2 899
2 1, 962
2 26, 393 i
22 13, 337
8, 075
2
1, 906
2 36?
863
+39. 7
2
21, 588 +61.9
2 13, 068 +61.8
2 1, 920
+.7
2 7, 059 + 199. 7
2 1, 370
2 284
2 234
2
4, 330 +216. I
22 1,908
90 1+571.8
2 1,204 [+414.5
30
TREND OF BUSINESS MOVEMENTS—Continued
• Perct.
1928
1927
The cumulatives shown are through
March, except where otherwise noted.
Earlier data for items shown here may
be found on pages 24 to 138 of the
February, 1928, " Survey "
November
December
January
!j FEE CENT INj| CREASE ( + ) OR
j| DECREASE ( —)
1927
Febru- !
ary
| March
CUMULATIVE TOTAL
FROM JANUARY 1 ] inTHROUGH MARCH I crease
or decrease
JI Mar., j Mar.,
1928,.
1928,
March n from
from
i! Feb., Mar.,
1927
!i 1928
February
1937
cumulative
1928
from
1927
1928
RUBBER—Continued
O t h e r R u b b e r Products—Continued
Mechanical rubber goods:
ShipmentsTotal
Belting
Hose
All other
Rubber bands:*
Shipments
thous.
thous.
thous.
thous.
HIDES AND LEATHER
of
of
of
of
dolls..
4, 941 !
5, 898 i
5, 030
dolls..
1, 175
1, 557
1,388
dolls._
1, 840 |
2^ 190
2, 257
2, 151
dolls..
1 92.5
1, 984
i
pounds.. I 181,046 I 192,926 | 217,798
195,249 \
11, 005 !
2 3, 633 I
2 4, 798 I
2 3, 574 |
2
85,209
8,578
39,119
20,486
11,980
118,319
9,289
63,958
21,263
14,234
11, 468 i + 14. 2
2, 739 I -24. 6
2 4, 546 i
4,183 |
2
2
[•_.
j
Hides
|
Imports:
j
Total hides and skins
thous. .• fibs..!
Calfskins._thous. of lbs__!
Cattle hides
thous. of lbs__|
Goatskins
thous. of lbs__j
Sheepskins
thous. of lbs._!
Stocks, end of month:
I
Total hides and skins
thous. of ibs.J
Cattle hides
_.
thous. of lbs__
Calf and kip skins..thous. of lbs..
Sheep and lamb skins
thous. of lbs..
Prices:
Green salted, packers' heavy
native steers
dolls, per lb__
Calfskins, country No. 1
dolls, per lb._
Inspected slaughter of livestock:
United S t a t e s Cattle
thous. of animals..
Calves
_._thous. of animals..
Swine
.thous. of animals..
Sheep..
thous. of animals._
Canada—•
Cattle and calves
no. of animals..
Swine
no. of animals..
Sheep
no. of animals..
Leather
Production:
Sole leather, .thous. of backs, bends, sides..
Finished sole and belting
thous. of lbs_.
Finished upper..
.thous. of sq. ft..
Oak and union harness
stuffed sides..
Skivers.
doz__
Unfilled orders:
Oak and union harness
_
_.sides..
Stocks, end of month:
Sole and belting
thous. of lbs..
Upper
.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—
Total-_
thous. of sq. ft..
Cattle and calf
thous. of sq. ft__
Patent
thous. of sq. ft..
Sheep
thous. of sq. ft..
Prices:
Sole, oak, scoured backs,
heavy, Boston.
dolls, p e r l b . .
Chrome calf, " B " grades.dolls, per sq. ft._
37,328 | 38,151
3,717 !
3,177
20,634 I 23,391
6,585
5,326
4,676 I 3,740
36, 409
3,410
18, 856
5,448
5,117
249,673 I 242, 300
203,146 I 198,623
26,973 i 26,803
19,554
16,874
244, 242
204, 224
23,825
16,193
.242
.228
.250
.250
.261
.300
881
411
3,688
1,070
761
376
4,869
1,094
711
383
5,479
1,151
33,421 !: 48,489 |i 24,553
34,546 | +45.1
2,861
3,018 I! 2,963
3,319 j +5.5
16,269 ; 28,833 'j 10,534
16,228 ! +77. 2
7,453 ; 8,362 !j 6,055
8,640 j +12. 2
4,276 : 4,841 |j 3,763 : 4,454 ! +13.2
i
ii;
238,736 !
! 244,323 234, 094
200,897 !
!; 195,481
186, 430
21,615 |
!i 31,897
31, 435 I . . .
16,224 i
I: 16,945
16, 229
.248
.291
374 !
5,780 !
1,048 I
132, 344
248,367
132,617
79,399 j 66,128
253,643 ! 271,156
42,951
26,090
1,246
22, 704
66,056
93,892
20,124
1,243
1,223
23,034 | 23, 095
72,143
71,415
91,457 ! 79,438
20,057 i 19,931
< 1, 240
23, 409
70,509
* 85, 757
* 20,154
172, 350
150,168 : 119,896
* 79, 257
59,163
250,364
54, 828
57,017
247,409 ! 245,931
54, 085
242,361
79,669
148,978
82,065 ! 85, 396
148,121 I 149,952
86,028
147,315
1,265
719
924
14,488
9,975
3,715
15, 532
10, 614
4,103
815
.55
.51
.59
.54
.59
.54
.65
.60
23, 525
381
* 25,939
388
29,138
303
1,076
|
!
i
I
+40.4
-9.1
+77.7
-3.2
+8.7
!
.140
.152
-4.4
-7.6
+69 3
+77 0
700;
761
457
3,837
1,027
2
—n! i
-3.1
-12.6
-10.9
+34.0
— 1.1
60,098 | 81, 890
219,752 ! 233,925
20,791 ! 20,396
+32.0
-.6
-10.5
-18.9
-3.4
.237
.269
.145
.158
665
407
5,140
1,016
3,395 I
1,006 |
377 •
61,041
80, 550
247,966 246, 597
18,482 | 16,543
16,530
11,093
4,742
695
-1.6
+9.9
79, 226
19,049
1,411
26,819
68, 747
71,184
27,405
-7.6
-5.5
+11.3
-30.5
59, 769
126, 087
99, 905
-24.6
—40 2
66,340
274,197
66,235
277,143
89,060
151,364
91,056
150,325
.65 i
.60 II
471 |
2,901
3,312
+14.2
36, 592
27,007
7,805
1,780
45,396
31,194
11, 544
2,658
+24.1
+15.5
+47.9
+49.3
0
0
+51.2
+30 4
+55.4
-15.7
55,077
1,162
+5.3
-19.7
.43
.45
.43
.46
27,292
31, 277
397 !
559
i
2
6.40
6.40
0
5.00 I
4.85
4.85
0
+5.5
+3 1
4.00
4.03
4.15 I
4.15 I
4.00
4.00
0
+3 8
777
194,874 |._
37, 738
24,650
115,496
45, 518
28,044
121,312 1
Revised.
1,857 j
2,761 l
\ 197,987
2
52, 285
1,447
2
810
177,884
2
-15.6
6.75 |
41,150
22,430
119, 230
+.6
3,827
46, 504 ; - 1 . 4
141, 924 i +1.0
244, 421
+22.9
59,134
-12.5
2
2
+16.3
+6.3
+50.0
+34.9
6.75 |
|
5.00 |
182,810
207, 719
-1.8
765, 719 I +8.0
61,115 ! - 1 4 . 1
-8.2
-8.6
-6.0
-12.1
5.00
1,203 [
2,838
-9.1
-5.4
+39.6
! +2.1
-9.8
6.75
1,140
2,767
3,803
47,179
140,480
198, 865
67, 603
1
1,150
5.00
858 |
i
1,150 i
2,611
2,042
1,164
16, 399
3,215
211,444
709,146
71,110
2
6.50
I
i
I +38.9
! +8.3
i +63.5
I +3.8
i +18.8
11,636 I 12, 293
8,882
9,250
2,257
2,404
497
639
1,039 |
971
15,567 j 14,297
10,750
9,830
3,836 ' 3,605
862
!
!
|
2.247
1,231
11, 746
3,148
+5.4
1,221
23, 944
68, 506
63, 724
20,417
1,363
Leather Products
Shoes:
Production
_thous. of pairs..
25,973
Exports.
thous. of pairs..
433
Wholesale p r i c e s Men's black calf
blucher, Mass
dolls, per pair..
6.50
Men's dress welt, tan
calf, St. Louis.
dolls, per pair..
5.00
Women's black kid, dress
welt, lace, oxford
dolls, per pair..
4.00
Gloves:
Glove leather—
Production
thous. of skins..
918
Stocks (tanned)—
1,434
In process
thous. of skins..
Finished
thous. of skins..
2,481
Gloves, c u t Total
dozen pairs.. 225, 779
Dress and street—
j
Imported leather
dozen pairs..; 50, 532
Domestic leather
dozen pairs..!1 33,635
Work gloves
dozen pairs.. 141,612
2
Cumulative through Feb. 29.
2
5, 678 I 7,161
1.370 i 1,714 :
2,447 !I 2,970 ;
1,861
2,477
5,838
1, 351
2, 289
2,199
2
1, 535
1,885 ! +22.8
1.891
2,905
230,749
2
394, 257
2
372, 758
-5.5
2
2
58,681
-24.0
64, 588
83, 256
109, 598
2
2
31,348 I 43,187
52, 694 i —10.8
59,084
2
2
236,808 ! +5.0
225, 575
!i 107,958 I 122,974
*See table on p. 18, of the April 1928 issue for earlier data.
31
TREND OF BUSINESS MOVEMENTS—Continued
1928
The cumulatives shown are through
March, except where otherwise noted.
Earlier data for items shown here may \
be found on pages 24 to 138 of the j
February, 1928, " Survey "
j
!
Novem
.
December
ber
January j February
March
February
Ynreh
Mar ,
J92S,
from
Per ci.
increase
or decrease
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MARCH
31
J i R CENT IN( K E \ - E (-r) OR
I'LU'EV^E ( —)
1927
Mar..
i cumuii lative
j[ 1928
| from
;j 3927
l!)L\»s. i
V or , !
1027 '
P A P E R AND P R I N T I N G
Wood P u l p
Mechanical:
Production
short tons..
Consumption and shipments-..short tons,.
Stocks, end of month
short tons__;
Imports
short tons_.
Chemical:
Production
short tons..
Consumption and shipments...short tons..
Stocks, end of month
short tons..'.
Imports
short tons._
Price, sulphite
dolls, per 100 lbs.. 1
133.788
137,245
135,632
143,220
158, 717 : 156, 872
24, 976
28,308
214,936
213,772
41.552
142,736
2.53
4
4
4
142,034
139. 851
159, 575
21,082
209,106
210, 016
44,726
156,164
2.53
210, 388
207, 004
45,198
152, 764
2.53
! 4* 132, 743 I
! 135,952 i
| 4 156, 366 j
| 21,151 |
4
4
143,678
144,855
155,189
21,124
209, 722 j 228,948
208,130 | 230, 740
4
47,324 I 46,462
130,152 I 83, 352
2.53
2.53 i
125.740 i 166,411 11 +8.2 I -13.7
128,886 ! 148,360 j +6. 5 | -2.4
180,100] 198,338 'i - . 8 -21.8
12,723 j 23,746 |j - . 1 - 1 1 . 0
206,646
204,248
39,950
89,662
2.75
! 235,408 |!
! 232,858 li
I 4 2 , 8 0 0 \\
! 97,063 j!
!
2.75 !'
+9.
2 i -2.7
0
-8.0
I 438, 228
! 440, 712
j
i 54, 847
418,455 ij - 4 . 5
420,658 i| - 4 . 6
671, 634
666, 488
647,776 i! - 3 . 6
648,886 |j - 2 . 6
340,309 i
369,668 ||
388, 555
351,759 !
+10. 9 1 - . 9
- 1 . 8 ! +8.6
-36. 0 i - 1 4 . 1
63,357 j; +15.5
+8.6
j
Newsprint Paper
Production:
United States, total-..
..short tons..1
Ratio to capacity
percent..
Canada
short tons..
Consumption by publishers
short tons..
Shipments:
United States
short tons..;
Canada
short tons..:
Imports
short tons..!
Exports:
United States.
short tons..:
Canada
short tons..
Stocks, end of month:
At m i l l s United States
short tons..!
Canada
short tons..!
At publishers
short tons.J
In transit to publishers
short tons.J
Price, roll, f. o. b. mill
dolls, per 100 lbs..!
j
i
117,166 I 119,312
81
79 j
190,293 i 181, 600
182,
027
185, 202
119.525
112,302 I 119,932
84
79 !
80
186,721
189,822 ! 197, 976
172,952 | 162,573
119,953 : 133,207
117,636 ! 128,927 I + 3 . 7 j - 1 1 . 8
146,365 i 169,061 | + 1 . 1 +12.6
134,209 ! 166,531
+ . 2 +3.8
+6.8 -10.0
+1.
151,986 i 174,094 | +
4 .33 +13.7
156,621 | 176,356 i
j
116,468
187,766
187,796
123, 883
181,439
180, 467
114,211 : 109,666
186,829 ! 188,163
177,808 ! 172,635
113,752
190, 305
172, 896
847
179,969
535
169, 202
1,758 !
539
157,466 I 183,414
854
874
141,199
1,648
184, 502
+58.4
-48.2
28,543
38,074
214,639
46,176
3.25
20, 877
38,117
218,177
46, 708
3.25
25,905 !
37,731 I
207,449 !
46,522 J
3.25 |
28,499
39,145
215,118
48, 212
3.25
34, 648
47,657
18,426
22, 769
224, 572
48, 251
3.25
22, 744
28,462
227, 049
42,
884
4
3. 25
+21.6
+21.7
+52.3
+67.4
738
102
720
102
507 I
118 !
654
153
853
151
699
141
+30.4
-1.3
12,126
13,086
104
82,093
36, 614
10, 671
12,934
105
70, 413
44, 257
12,329
11,897
4
108
43,173
43,173
12, 332
11,722
109
65, 865
37,172
13,190
11,930
12, 085
12. 521
110
84, 749
31, 360
+7.0
+1.8
78, 629
40, 221
11,632
11,197
108
77,268
29,236
+22.0
+7.1
+9.1
-4.7
+19.4
+8.2
-7. 2
+28.3 I
8,275
82.8
212,319
183, 576
76,471
202,646
212,375
41, 317
7,444
71.6
186,920
178, 224
74,430
177,329
181,400
42, 610
7,800
78.0
203,146
203, 630
82,446
188, 521
196, 275
49,172
4
8,160
'81.6
211, 032
4
215, 256
4
86, 780
4
192, 521
4
209, 653
4
50,490
8,848
81.9
227, 802
250,059
94, 085
209, 806
238,117
40,428
7,583
79.0
189, 273
183, 861
102,005
182,322
189. 032
53, 327
8,628
79.9
219, 824
230, 065
114,369
209, 730
217, 876
54, 566
+8.4
+.4
+7.9
+16.2
+8.4
+9.0
+13.6
-19.9
+2.5
+2.5
+3.6
+8.7
-17.7
0
+9.3
-25.9
133,184
52,161
145, 549
34, 512
157,185
62, 791
139,775
47, 582
158, 222
40, 602
155, 513
43, 789
-2.1
-21.9
-10.1
+8.7
3.25
—9.5
487, 804
2 324, 862
574,519
2
335, 525
+ 17. 8
+3.3
377, 536
474, 292
466, 842
337, 629
565, 297
523,339
-10.6
+19.2
+ 12.1
3,151
340,880
-18.8
+20.2
2
3,882
283, 528
2
Printing
Book publication:
American manufacture...
no. of titles..:
Imported...
no. of titles..:
Sales books:
\
New orders
thous. of books..
Shipments
thous. of books..
Printing activity
weighted index n u m b e r . .
Cash checks, shipments *
thous. of checks..
Blank forms, new orders *
thous. of sets..;
Box Board
Cumulative through Feb. 29.
36, 636
34, 896
235, 858
93,687
2,014 I
422 !
—3 2
+5! 3
37,851 ii + 3 . 3
35,549 I +1-9
187, 667
120, 566
-20.4
+28.7
4
I4 142, 723
4
60,918
23, 210
24,808 I + 6 . 9
582, 726
608,211
641.980
668,945
555,389
582,436
590.848 I +6.4
644,045 11 +10.6
+10.2
+10.0
j
Binder's board, production
.short tons.. i
2,400
Book paper:
Production
short tons__ 111, 579
Ratio to capacity
per cent..
85
Shipments
short t o n s . . 109,347
Stocks, end of month
short tons._
76,461
New orders—
Coated
p. ct. of normal production..
77
Uncoated.p. ct. of normal production..j
9
Unfilled orders—
|
Coated
p . ct. of normal production_ J
77
Uncoated.p. ct. of normal production..
8
Wrapping paper:
j
Production
short tons..j 93,479
Ratio to capacity
per cent..!
82
Shipments
short t o n s . .
91,329
Stocks, end of month
short tons._
79, 653
Fine paper:
j
Production
short tons..! 36,665
Ratio to capacity
per cent..!
87
Shipments
short t o n s . J
37,398
Stocks, end of month
..short tons..! 50,173
All other grades:
!
Production
short tons _ _ \ 98,749
Shipments
short t o n s . . I 99, 251
Stocks, end of month
short t o n s . J
69,106
Total paper (inc. newsprint and box board):
Production
short t o n s . J 669,957
Ratio to capacity
per cent..I
79
Shipments
short t o n s . J 666,168
Stocks, end of month
short tons..' 345, 253
2
!
i
|
|
!
2,081
386
i
Operation
thous. of inch hours._|
Operation
. . . p e r ct. of capacity..
Production.
short t o n s . .
New orders. _
short t o n s . .
Unfilled orders, end of m o n t h .
short t o n s . J
Consumption of waste paper
.short tons__|
Shipments
_
short t o n s . J
Stocks, end of month
.short tons..!
Stocks of waste paper, end of month:
j
On h a n d . .
short tons..;
In transit and unshipped purchases, . t o n s . . j
Other Paper
660 j
113 !
2,547
1,940
110, 463
83
113,225
73,403
4
4
4
121, 50©
90
4
125,033
4
68, 265
+35.1
+7.8
351,438
"3837970"
2,774
123, 839
79
87
9
86
9
88, 863
78
85, 220
84,916
96, 223
91
93,144
93, 249
89
92, 876
4
87, 593
38,136
91
37, 259
51, 044
37, 471
93
35, 550
52, 410
99, 588
98,946
60, 838
10, 555
383,020
2,730
111,569
83
11
97, 720
97,835
68, 751
7,810
355,373
3,626
137, 572
91
135,370
72,415
82
8
4
4
4
+30.7
+11.0 +11.1
-2.2
121, 858
+9.6 +11.1
66, 767
+4.0 +8.5
4,382
123,939
93
4
123, 567
4
69, 630
4
112,015
64,199
88
10
-6.4
0
+9.7
90
4
102, 274
89
96, 751
92, 672
4
0
+4.2
+5.8
+4.0
276,136
291, 746
95,179
69,116
+1.7
+34.1
271, 562
~282~77T
+12.4
+11.5
108, 407
120,403
+11.1
+10.0
+4.0
111, 596
~118~627"
~+6~3
303,124
302, 692
300,343
298, 538
-1.4
86,051 ! 98,325
85, 449
66,916
j
4
4
4
-8.3
-9.1
38,871 j 43, 701
97 j
93
38,327
44, 750
52,973
51, 474
34,064
39,195
35,869
50,999
40, 684
49,518
95, 552 j 105, 203
93,957 105,635
65,886
66, 665
93, 572
95, 095
65, 697
+5.7
•4.1
I
+16.:
-2.8
108, 797 +10.1 ! - 3 . 3
107,835 +12.4 i - 2 . 0
66, 662 +1.2 I 0
641,414 * 677,462 4 673,945 ! 736, 484
634, 482 I 723,187
+9.3 ! +1.8 2,014, 321 2,087,891
82
76
82
82
0 !
638, 822 44 663,159 44 668, 046 734,375
635,096 I 712,359
+9.9 +3.1 1,997,260 '2,"065,"586'
341, 601 355, 071
240, 253 358, 302
319,564 I 329,373 +49.1 i +8.8
4 Revised.
* See table on p. 48 of this issue for previous data
+3.7
32
TREND OF BUSINESS
1927
The cumulatives shown are through
March, except where otherwise noted.
Earlier data for items shown here may
be found on pages 24 to 138 of the
February, 1928, " Survey "
PAPElt AND FEINTING-Continued
November
MOVEMENTS—Continued
December
January
February
j. PER CENT INj CREASE ( + ) OR
I DECREASE ( —)
1927
19>S
March
February
March
Mar.,
192S,
from
Feb.,
1928
Perct.
increase
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MARCH
31
(+)
or decrease
(-)
Mar.,
cumulative
1928
from
1928,
from I
Mar., |
1927 !
1928
1QO7
i
Paperboard Shipping Boxes
Production:
Total
Corrugated
Solid fiber
Operating activity:
Total
Corrugated
Solid fiber
thous. of sq. ft..' 395,491 | 342, 376
thous. of sq. f t..' 320,511 ;! 272, 807
69, 569
thous. of sq. ft-J 74,980
347, 622
277,280
70,342
66 I
6-i
per cent of normal..
per cent of normal ._•
per cent of normal..:
402,183
328,430
75, 753
425,361
348,835 !
76,526 |
69
67
80 \
78 |
85
421,165
336,910
84,255 j
81 j
82 |
78 !
421,110
338, 400
82, 710
+5.8 i + 1 . 0 :| 1,214,023 i 1,175,166
+6.9 !I + 3 . 1 i 968,987 ; 952,545
+1.0
- 7 . 5 ! 245,036 ; 222,621
-3.2
-1.7
-9.1
79 I; + 3 . 9 I + 1 . 3
80 ! + 4 . 0 :! - 2 . 5 j
76 !: + 1 . 2 +11.8 i
Other Paper Products
Abrasive paper and cloth:
Domestic sales
Foreign sales
reains..
reams - -1
72, 726 |
10,392 j
5S, 265
16,031
80, 505
17,112
83, 969
16,169
96, 871
20, 558
4,290 j
2,564
145,167 j 143, 731
2,473
139,314
2, 465
136, 968
3,820
157,819
182
187
191
204
199
178
183
192
205
199
182
186
192
205
199
205
214
197
201
205
214
196
200
203
212
197
200
98, 054
20, 844
+ 15.4 I - 1 . 2 !
+27.1 : - 1 . 4
258,000 ,
46,988 i
261,345
53,839
+ 1.3
+ 14.6
2,955
129, 258
4,183
161, 754
+55. 0 ! - 8 . 7 j
+ 15.2 | - 2 . 4
10, 269 I
8, 758
426,947 ; 434, 101
-14.7
192
206
197
191
190
193
209
199
191
190
193
209
201
203
213
197
200
204
213
197
200
204
213
197
200
83,229
13,569 !
BUILDING CONSTRUCTION AND
HOUSING
Rental advertisements, Minneapolis-_number_.!
Real estate conveyances (41 cities).. .number__j
B u i l d i n g Costs
Building materials:
Frame house, 6-room
rel. to
Brick house, 6-room
rel. to
Concrete factory costs (Aberthaw)-rel. to
Building costs {Eng. News Record)..reh to
Building costs {A. G. C.)
rel. to
Construction costs {Am. Appraisal):
Frame
rel. to
Brick, wood frame
rel. to
Brick, steel frame
rel. to
Reinforced concrete
rel. to
|
|
j
1913 __!
1913...|
1914..!
3913..I
1913..|
!
1913..j
1913-.!
1913-J
1913-.
|
i
I
ISO I
184 j
191 j
204 I
200 j
!
205
215
196
200
+1. 1
+ 1.7
- 3 . 7 ii.
-1.6 L
0
I
-.o;L
+.5
- 1 . 4 .\
- 1 . 0 I - 2 . 0 jL
0
!
+. 5 !
0 |
0 |
- . 5 'L
0
0
0
Contracts and Losses
Contracts awarded (36 States):
Commercial buildings
thous. of sq. ft.
Industrial buildings
thous. of sq. ft.
Residential buildings
thous. of sq. ft.
Educational buildings
thous. of sq. ft.
Other public and semipublic buildings
thous. of sq. ftGrand total
thous. of sq. ft.
Contracts awarded, value (36 States):
Commercial buildings
thous. of dolls,
Industrial buildings
thous. of dolls,
Residential buildings
thous. of dolls,
Educational buildings
thous. of dolls.
Other public and semipublic buildings
thous of dolls,
Public works and utilities. _thous of dolls,
Grand total
thous. of dolls,
Contracts awarded, Canada
thous of dolls.
. to 1913.
Building volume {A. G. C.)--Fire losses:
United States and Canada
{Journal of Commerce)
thous. of dolls.,
Canada {Monetary
Times)--thous. of dolls.
I
7,451
6,382
41,002 j
4,477 |
14,712
6, 239
47, 938
5,475
+19. 2 -26.4
+30.4 +11.2
+28.3 +13. 9
+69. 6 - 4 . 9 |
33, 548
14,197
108,720
10,771
30, 713
16,736
134,646
11,660
+ 17.9
+23.8
+8.3
7, 569
82, 827
— 15. 6
+1.7 j
+34. 8 - 3 5 . 0 :
--51. 6 + 1 . 1
+ 14.4 +10.7
-6.1 ;
+»->. 4
15, 595
185, 743
15, 195
209, 674
+ 12. 9
250, 691
115.075
558, 345 i
73,930
187,
114,
685,
74,
9,082
4,406
38, 747
3,582
10,803
4,412 .
37, 516 '
3,380
9,084
5,324
42, 548
3,071
10, 826
6, 940
54, 582
5, 209
8,799 i
4,237
31,025
2,967 :
66,560 |
4,381 i
60,889 I
3, 955
60, 271
4,855
65, 137
6,385
84, 266
52,318 '
41,893 i
49,203 I
207,308 |
30,642
85,286 |
27,938 !
202,447 |
22,480 i
65, 981
34, 833
186,904
22, 854
51,561
31, 716
232, 574
18, 232
69, 490
1\ 0t>8
266, 069
33, 255
65, 937
4U, :J>>1
15S, 001
21,812
45,744 I
68.716 !
443,506
30,260 I
215 i
90, 194
464, 167
36,682 I
30,
69,
410,
20,
055
676
535
480
125
53, 803
56, i:;i
444,023
25, 875
121
19,
106,
572,
22,
+5, 765
63, 94S
49,3."^ ' 101, 717
HS\, 2S6 ' 595,871
19,517
17,466
121 i
135
18,992 '
1,309 :
31,935
1,947
43, 261
2, 959
41, 105
1,712
6,014 I
I
35,823 j
162 i
454
511
,S47
946
137
30, 377
2,048
4,760 I
26, 285
1, 976
106, 925
47, 560
210.312
35, 413
26,808
2,361
+31.5
+29. 4
— 22. 7l i 141. 338
-h.l
+4.7
204,713
+29'. 0 — 3.9 i 1, 346, 090
— 11.3 +31.4 i
53, 755
+ 1.5 i
-26. 1
+ 13. 3
+19.6 - 1 3 . 3
91, 904 ;
6,715 i
035
617
547
341
_2 6
:
133.312
232; 321
1,427,405 !
69,301
114,743
6,720
94
—_ 4
+ 22! 8
6
— 5. 7
+ 13. 5
+6.0
+28. 9
+ 24. 9
1
LUMBER P R O D U C T S
Softwood Lumber
Southern pine:
462,571 ; 468,965
506,133 j 403,807
444,469 ! + 7 . 9 hl3. 9 '
Production (computed)
M ft. b. in_. 439,773 I 419,297
97 !
99
100 ! . .
I
.
|; + 1 . 0
Operatio n
per cent of full time..
Shipments (computed)
M ft. b. m_. 442, 920 395, 239 470,837 ' 461,327
529,504 | 361,403 : 452,940 |' +14.8 + 16.9
398,192
436,
385
523,508 ! 475,145
547,499 ! 402,162 ! 459,862 r +15.2 +19.1
New orders (computed)
M ft. b. in..
+4.1
Stocks, end of mo. (computed) *.M ft. b.m_. 1,194, 404 1, 207, 534 1,309,864 1,315,935 1.289,792 11,252,224 ll, 239,474 \] - 2 . 0
287, 741
385,054 : 396,667
409,287 j 324,423 j 333,729 !i + 3 . 2 +22.6
Unfilled orders, end mo. (comp.).M ft. b. m_. 305,164
43, 550
52, 930
66,332 : 47.011
66,527 .j 46,648 I 51,244 :I +41.5 +29. 8
Exports, lumber
M ft. b. m . .
183
308
870
366
560
1,071 !
89 +53.0 4-529. 2
Exports, timber
M ft. b. m_.
36.42
35.54
35.26
36.12
35.69
40.04
39.66
- 1 . 2 -10.0
Price,
flooring
dolls, per M ft. b. m_.
Douglas fir:
Production (computed)
M ft. b. m_. 497, 337 437, 352 410,493 i 507,633 : 508, 528
510, 766 511, 213
—. 5
+.2
479, 879
397,571 i 479,879
386, 768
Shipments (computed)
M ft. b. m . . 411,389
485, 698 510, 766
0
-6.0
444,514 i 541,206 ; 521,062
397, 511
New orders (computed)
M ft. b. m_. 452,124
546,130
516,138
-3.7
-4.6
58,020
85,299 I 45,346
61, 999
51, 072
47, 720
Exports, lumber
M ft. b. m_.
53, 944
+27.9 +21.6
44,226 ' 43,423
2,280
39, 294
Exports, timber
M ft. b. m . .
47, 711
46, 492
22, 994
- 1 . 8 +10.5
15.99 ;
15.23
16.08
16.80
Price, No. 1 common-dolls, per M ft. b. m . .
15.48
14.80
+.6 - 4 . 3
17.19
Price, flooring, l x 4 , " B " and
35. 08
34.04 ;
34.04 !
34.13
34.50
better, V. G
dolls. p e r . . M ft. b. in_.
35. 92
+.3 - 5 . 2
35.99
California redwood:
51,210
52, 925
39,454
36, 029
43,276
Production (computed)
M ft. b. m_.
32.511
42,418
+18.3 +20.7
43, 847
40, 578
30,201
38,700
Shipments (computed)
M ft. b. m_.
37, 061
51, 273
+13.3 - 1 4 . 5
26, 882
45,316
41,376
38,763
I
37,299
!
40,121
New orders (computed)
M ft. b. m_.
59, 952
+21.5 -24.4
23. 398
4
4
49,003
45, 962
50,
415
j
48,
000
|
60,
007
Unfilled orders,endmo.(comp.)*M ft. b. m_.
69,
897
+2.1 - 2 9 . 9
41,518
California white pine:
92, 762
51,187 i 51,452 ! 80, 683
72, 552
44, 247
44,323 ! +56.8 +82.0
Production
M ft. b. in..
92, 568
90,891
97,412 i 114,182
82,087
73, 874
Shipments
M ft. b. m_.
+8.5 ,
105,261 j! +17.2
609,181 • 566, 957 i 534, 740
667, 618
_M ft. b. m . . 624,651
560, 748
+2.4 jj
522,422 I! - 5 . 7
Stocks, end of month
4
' See table on p. 22 of the April, 1928, issue for earlier data.
Revised.
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
1,270,298 ; 1,437,669 '; -1-13.2
1,197, 094 I 1, 461, 668 +22.1
1,288,582 1,546,152 r +20.0
162, 384
1,421
1 432, 024
1 408, 300
1 521, 107
149, 689
88,737
179, 870
1,796
+ 10.8
+26.4
1,426, 654
4
1,357, 329
-3.6
1,506 782 !
9
188, 665
+26. 0
89,929
+1.3
107, 028
124,185
142, 673
133,940
112, 748
121,378
+25.1
-9.2
-14.9
144,391
254, 841
183,322
302,485 |
+27.0
+18.7
33
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives shown are through
March, except where otherwise noted.
Earlier data for items shown here may
he found on pages 24 to 138 of the
February, 1928, " Survey "
January
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MARCH
31
1927
1928
February
March
Febru-
(Perct.
i
March
LUMBER PRODUCTS—Continued
Softwood Lumber—Continued
Western pine:
\
77, 348
* 57, 216 4 86, 318
Production (computed)...
M ft. b. m._| 118, 704
Shipments (computed)
M ft. b. m__i 124,083
99,454 4 124,455 i 137,802
Stocks, end of mo. (computed) _M ft. b. i n . J l , 068, 630 L, 110,547 41,038,855 ' 992,477
Unfilled orders, end of mo.*
J
105,260
81,150
89,194
(computed)
__M ft. b. m . . | 76,288
North Carolina pine:
I
51,317
48,139
40,019
Production (computed)
M ft. b. m . J 53, 522
46,746
37, 030
Shipments (computed)
M ft. b. ra_. 50,813
47, 845
Northern pine:
Lumber24,300 ! 33,550 I 34,513
Production
M ft. b. m . J 32,815
24,680
29,451
35,413
Shipments
. . M ft. b. m_ J
32,857
22,156
32, 703
36,470
New orders
M ft. b. m . . | 27, 569
Lath—
i
5,726
4,472
7, 315
Production
__.thousands..'
6,144
5,609
5,300 |
3,994
Shipments
thousands..!
5,377
Northern hemlock:
13, 360
11,425
13, 949
Production
M ft. b . m__
11,026
9,520
10,014
Shipments
_.M ft. b. m__j 14,261
7,485
Hardwood L u m b e r
80,234 117, 722
| 107,156
117,193 143, 711
; 118; 468
| 658,001 1, 036,454 1,014,062
|
I
i
+24.1
-14.0
-33.7
73,017
107, 339
122,280
-30.6
47, 523
54,866
55,013
57, 967
48, 755
47,838
-7.4
+17.4
32,731 ,
39,645 |
38, 856
35,127 i 31,109 ! - 5 . 2
33, 603
38,777 I +12.0
32, 393
33,908 | +6.5
5,143
9,593
7,338
7,795
6, 532
7,875
j
17, 820
21,854 i 21,462
15,773 !
j
Walnut lumber:
!
Production...
_..M ft. b. m . J
Shipments
_..M ft. b . m . J
Stocks, end of month
M ft. b. m . J
New orders
M ft. b . m . J
Unfilled orders, end of month. _M ft. b. m . J
Walnut logs:
Purchased
M ft. log measure..
Made into lumber and
veneer
M ft. log measure..
Stocks, end of month...M ft. log measure..
Northern hardwoods:
j
Production
. . . M ft. b. m__
Shipments
M ft. b. m . J
Lower Michigan hardwoods:
j
Production
M ft. b . m . J
Shipments...
M ft. b . m . J
Stocks, end of month.
M ft. b. m._|
All hardwoods:
Total stocks, end of month—
Total hardwoods
M ft. b. m__
Gum....
M ft. b. m__
Oak
M ft. b. m . J
Unsold stocks—
I
Total hardwoods
M ft. b. m . J
Gum...
M ft. b. m . J
Oak
M ft. b. m . J
Unfilled orders—
Total hardwoods
M ft. b . m__
Gum
M ft. b. m . J
Oak
M ft. b . m . J
3, 234
2, 824
12,149
3,127
6,282
3,376
2,548
13,037
2,158
5,395
3,063
2,687
13,264
2,628
5,389
2,585
2,762
13,179
2,807
5,491
3,268
3,042
13, 327
2,835
4,613
2,606
3,303
11,103 !
2,564 I
7,574
2,117 |
!
3, 515
2,709
2,255
2,131
2,185
3,035
3, 646
2,656
3,615
2,416
3,041
2,014
3,229
2,407 il
2,361 j
2,951 j| 1,927
15,469
24, 556
20, 707
19,269
37, 543
24,164
41,185
26,512
5,124
6,344
21, 350
4,996
5,895
30, 902
7,934
8,147
30, 821
9,188
7,541
30, 626
40,162
28,472
8,008 |
7,546 i
37,409 |
889, 772
241,868
321,900
930, 398 1,021,295 11,145,176 j
263, 649 297,464 334, 702
331, 362 360, 590 408,852
705, 678
184,015
259,053
740,914 | 805, 780
197,437 219, 301
272, 082 296, 720
912,816
254,192
337,262
Ij 663,146
. . . | 162,053
! 242,949
214, 616
70,282
68,699
225,388 i 256,464
83,126 j 100, 560
65,343 ! 69,392
281,196
103,092 i
78,296
. . . ! 230,731 | 234,933
!| 79,605 i 81,904
68,816 i 68,633
..i\ 862,624 i
228,621 !
304,766 I
Total Lumber
Production, 10 species
M ft. b.
Exports, planks, joists, etc
M ft. b.
Retail yards, Minneapolis district:
Sales
_
M ft. b.
Stocks, end of month
M ft. b.
Composite lumber prices:
Hardwood
dolls, per M ft. b.
Softwoods
dolls, per M ft. b.
m__2,358,209 2,085,371 |2,117,162 42,356,415 2, 523, 379 ! 2, 216, 344 |2, 378, 995
186,541 !| 153,607 | 153,700
m__ 167, 986 168,289 i 239,145 j 158,909
m__
m__
12, 554
74, 658
4,742 !
80,690 !
5,042
88, 976
4,535
94,155
m__
m__
39.04
28.29
39.74
26.84
40.42
27.37
40.47
27.50
8,073
7,238
27, 610
6,233
7,843
7,820
6,797
29,527
8,736
7,346
7,252
28, 721
8,161
9,154
7,519
6,889
29,118
7,712
10, 034
7,862
8,184
28, 036
7,211
9,816
8,888
8,085
29, 710
6,405
6,847
33,389
30, 998
69, 449
31,425
24,080
32,113
29, 266
74, 773
34, 715
27, 887
35, 947
38, 080
82, 239
53,888
45, 925
38, 771
40, 232
82, 758
36,163
42, 975
42, 272
47, 599
78,855
48,815
47,134
35, 601
34, 925
70,090
39,133
45, 275
10, 756
12, 465
111,313
94, 534
18, 763
19, 309
116, 234
88, 582
4,380
94, 357
41.24 !
27.55 I
41.08
29.76
Flooring
Maple flooring:
Production...
M ft. b. m__
Shipments
M ft. b. m__
Stocks, end of month
M ft. b. m_.
New orders
M ft. b. m__
Unfilled orders, end of month..M ft. b. m__
Oak flooring:
Production
. . . M ft. b. m__
Shipments
M ft. b. m__
Stocks, end of month
M ft. b. m__
New orders
M ft. b. m._
Unfilled orders, end of month._M ft. b. m__
Doors at Wholesale!
White pine:
Receipts
Shipments
Stocks, end of month
Unsold stock, end of month
Fir:
Receipts
Shipments
Stocks, end of month
Unsold stock, end of month
1
Cumulative through Feb. 29.
number..
number..
number..
number..
number..
number..
number..
number..
1
Revised.
9,175
18, 069
15,524
8,860
80, 340
47, 601
65, 764
41, 637
*See table on p . 22 of the April, 1928, issue for earlier data.
fSee table on p. 18 of the April, 1928, issue.
34
TREND OF BUSINESS MOVEMENTS—Continued
1927
The cumulatives shown are through
March, except where otherwise noted.
Earlier data for items shown here may
be found on pages 24 to 138 of the
February, 1928, " Survey "
Novem-
1928
December
January
45
35
28
29
13
23
44
40
23
59
13.0
99.0
55
32.0
99.0
55
7.0
95.0
54 j
13.0
94.0 i
12, 291
7,784
7,043
7,556 j
1,803
2,851
2,076 ;
12, 667
16, 661
10, 338
13,072
5,918
7,617
2,245
3,424
2,114
3,219
2,469
2,575
2,765
2,719
ber
February
PER CENT INCREASE ( + ) OR
DECREASE (—)
1927
March
February
March
Mar.,
1928,
from
Feb.,
1928
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MARCH
31
Perct.
(+)
or decrease
(-)
Mar.,
1928,
from
Mar.,
1927
1927
1928
24, 844
21,417
-13.8
cumulative
1928
from
1927
LUMBER PRODUCTS—Continued
Wooden Furniture
Grand Rapids district:
Unfilled orders, end of
month
No. of days' production..
New orders
No. of days' production..!
Shipments...
No. of days' production..!
Outstanding accounts, end of
j
month
No. of days' sales..
Cancellations
.per cent of new orders. J
Plant operation
per cent of full time..
Piano benches and stools:
New orders (average per firm) dollars..
Unfilled orders, end of month
(average per
firm)
dollars..
ShipmentsValue (average per
firm)
dollars..
Quantity (total)....
pieces..
39
25
42
22
27
55
14.0
100.0
55
16.0
97.5
6,818
8,580
7,837
-13.0
1,978
2,921
2,286
-13.5 \
7,647
9,781 i
6,933
9,104
8,255
10, 601
8,428
10, 670
-9.3
-6.9
-17.7
-14.7
23,942
30, 618
20,498
26, 502
-14.4
-13.4
2,450 i
2,896 !
3,709
3,125
3,711
2,991
3,526
3,373
+51.4
+7.9
+5.2
-7.4
10, 456
9,712
1,596
-17.5
-11.5
2,808 !
3,807
3,587
3,814
91
173
70
72
100
90
+35.6
-6.2 - 9 . 0
+50.4 +92.2
286
221
268
420
+90.0
-53.8
-30.5
+13.8
+16.0
-8.4
2, 213, 926
2,179, 595
1, 342,840
1, 295, 937
1,423, 063
1,184, 064
-41.5
-34.7
-11.8
+21.7 -24.9
-. 1
+53.5
-2.5
+.7
+6.5 -10.7
1,901
1,390
42
23
25
Plywood and Veneer
Plywood:
New orders
Shipments
Unfilled orders,
month
Rotary-cut veneer:
Receipts...
Purchases
thous. of sq. ft. of surface..
thous. of sq. ft. of surface..
end of
thous. of sq. ft. of surface._
.number of carloads..
number of carloads..
102 !
96 !
80
132
94
86
97
115
-6.3
Barrel Headings
Circled headings for wooden barrels:
Production (rough)
Shipments (finished)...
New orders (finished)
Unfilled orders, end of month
Stocks on hand, end of month
j
...sets-.j 753,053 585,774 353, 674 496,759 ! 445,504
739, 936 965,163
sets.. 871,742! 619,607 407, 094 474,116
541,853
782, 564 779, 871
sets..) 226,918 j 698,474
456,145 442,426
285,493
523, 066 250, 939
sets.. 1,064,723 1,079, 508 1, 037, 375 1,428,571 1,244,367 1,812, 076 1, 072, 794
sets.. 3,203,704 3, 205,147 3, 341, 371 3, 500, 000 3, 030, 973 I, 035,957 3, 309, 362
-10.3
+14.3
-35.5
-12.9
-13.4
STONE, CLAY, AND GLASS PRODUCTS !
Clay Products
|
j
Face brick, averages per plant:
i
Production
thousands..
Shipments
thousands..!
Stocks, end of month
thousands._|
Unfilled orders, end of month..thousands..;
Common brick:
j
Stocks, end of month—
j
Burned
_
thousands..!
Unburned
thousands..
Shipments
thousands..
Unfilled orders, end of month..thousands..
Plants closed down
number. _
Price, red, New York
dolls, per thous..!
Porcelain plumbing
fixtures:
'
Net new orders
pieces..
Shipments
pieces..!
Unfilled orders, end of month
pieces..
Stocks, finished glost, end mo
.pieces..:
Vitreous china plumbing
fixtures:
I
New orders
_..
pieces._j
Shipments
pieces..!
Unfilled orders, end of month
pieces..}
Stocks, end of month
pieces..!
Floor and wall tile:
j
Production...
thous. of sq. ft.J
Shipments, quantity
thous. of sq. ft.J
Shipments, value
thous. of dolls..j
Stocks, end of month
thous. of sq. ft.J
Terracotta, new orders:
|
Quantity
net tons..
Value
thous. of dolls..
Sand lime brick:
Production
thousands. _
Shipments by rail
thousands..
Shipments by truck.
thousands..
Stocks, end of month
thousands_ _
Unfilled orders, end of month thousands...
723
622
2,777
783
368
2,832
730
482
402
2,958
761
526
447
3,037
844
538,698
91,424
187,448
211, 961
70
11.75
504,836
76, 601
168, 282
224,825
77
11.25
517, 897
68, 611
131,338
219, 233
91
12. 75
14,939
6,024
16,251 ! 12, 242
28,143
21, 925
29, 998
33, 353
640
686
2,960
899
560
421
2,767
871
852
687
2,939
1,007
487, 713
64,492
121,089
231, 203
73
13.50
13.25
487,217
62,455
115,013
335, 223
78
17.00
427, 484
69,160
184, 206
369,857
54
17.00
13, 953
13, 239
22, 639
37, 374
12,794
11,969
23,464
40, 930
42,130
12, 079
53, 515
42, 442
167, 993 i4 227, 925 237, 727
180, 498 190, 076 240, 829
294, 735 332, 584 329, 482
527, 920 557, 293 544, 461
494,042
246, 002
577,522
538,965
391, 091
335, 936
622, 217
462, 940
4
4
5,018
4,321
1,638
12, 687
4,511
3,641
1,550
13,175
4,663
3,951
1,495
13, 902
11,134
1,008
836
18, 086
6,558
11,833
13,468
14,845
13,912
4,189
8,694
18, 538
14, 772
14,449
75.9
11,619
16,022
6,374
1.683
1928, issue
11,999
* 9, 971
60.7
49.4
6,200 44 6, 546
21,821
25,116
7, 599 4 9, 672
1.683
1.683
for earlier data.
4,649
14,169
i, 819
1,648 ! - 1 3 . 3
1,535 ;l +10.4
2
252,427
+20.
-1.9
+229.3
+128.1
+3.7
145, 081
265, 611
377,170
544, 631
213,166
239, 245
351, 091
596, 685
5,129
4,351
1,658
11, 032
5,467
5,188
1,963
11, 282
10,850
10,284
16, 563
1,040 ! 1,454
7,993
887
12, 789
4,945
7,024
15, 867
14,830
10,921 I 16, 286
3,738
4,038
6,204
8,933
16, 920
15, 903
12, 625
16,825
9,577
5,185
6,418
13, 215
12, 580
-20.8
+36.6
+7.7
-14.1
+83.5
+40.4
+77.2
-22.4
+61.1 +33.7
+39.8 +7.2
16, 748 +49.1
-2.8
7,707
+8.0 - 4 7 . 6
10,811 +44.0 - 1 7 . 4
13,802
-6.0 +15.2
25,415 +33.3 - 3 3 . 8
12,392
1,356
559, 235
786, 752
2
1,122, 860 i +100.8
822,767 i
+4.6
10, 643
2
9, 312
-12.5
30, 236
3,381
37, 697
3,443
34, 632
16, 716
22, 607
39,996
12, 721
22,161
+24.7
+1.8
+15.5
-23.9
-2.0
Portland Cement
Production
thous. of bbls.J
Operation!
per ct. of capacity..
Shipments
_
thous. of bbls..
Stocks, end of month
thous. of bbls..
Stocks, clinkers, end of month*..thous. of bbls..
Wholesale prices, composite
dolls, per bbl__
* See table on p. 18 of the April,
2
Cumulative through Feb.f29,
4
8, 797
47.5
6, 563
4
27,349
4
12,237
1.683
4
10, 223
7,377
11,450 +16.2 - 1 0 . 7
27, 085
28,791
51.7
44.6
61.9
+8.8 - 1 6 . 5
10,135
6,731
11,100 +54.4
-8.7
23, 799
23,244
27, 436
23, 563
23, 922
+.3 +14.7
14, 467
11,943
12,997 +18.2 +11.3
1. 683
1.683
1.683
0
0
4
Revised.
t See table on p. 21 of the March, 1928, issue for earlier data.
+6.3
-2.3
35
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives shown are through
March, except where otherwise noted.
Earlier data for items shown here may
be found on pages 24 to 138 of the
February, 1928, " Survey "
February
PER CENT INCREASE ( + ) OR
DECREASE (—)
1927
1928
1927
Novem-
December
January
7,984
5,102
6,542
4,657
5,902
4,103
7,464
5,615
29, 712
1,104
8,879
17,886
758
8,517
10,728
458
8,480
8,209
340
8,267
8,573
7,446
8,205
10, 093
11, 297
2,045
68.5
2,574
1,928
9,043
6,049
2,224
74.6
2,474
1,724
9,616
6,551
2,207
76.9
2,680
1,958
10,140
6,327
2,085
72.7
2,577
2,113
10, 633
6,370
2,570
82.9
3,424
2,646
11,272
6,283
3,454
47.8
40.2
40.7
2,353
33.2
32.9
36.7
2,685
34.8
39.7
36.5
2,936
40.6
38.1
36.9
1.3
4.1
1.0
4.0
1.2
4.2
1.4
4.3
March
February
March
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MARCH
31
Perct.
increase
(+)
or decrease
(-)
Mar.,
1928,
from
Feb.,
1928
Mar.,
1928,
from
Mar.,
1927
1937
1928
+66.2
+55.8
+33.4
+70.3
17, 927
10,127
25, 772
18, 464
+43.8
+82.3
18, 937
2
798
16, 747
+40.3
29, 595
-1.1
+10.5
+9.2
+11.2
cumulative
1928
from
1927
STONE, CLAY, AND GLASS
PRODUCTS—Continued
Highways
Concrete pavements, new contracts:
Total...
thous. of sq. yds..
Roads
thous. of sq. yds..
Federal-aid highways:
Completed—
Cost
thous. of dolls..
Distance
miles.
Under construction, end of month, .miles..
9,300
5,135
12,406
8,746
2
,, 385 !
491 I
1,599
10,119
435
9,632
9,790 i
11,641
+11. c
-3.0
29, 915
2,234
72.3
2,390
2,368
11,137
6,488
+23.3
+14.0
+32.9
+25.2
+6.0
-1.4
+15.0
+14.7
+43.3
+11.7
+1.2
-3.2
6,208
6,862
|
i
I
i
!
7,953
6,038
8,681
6,717
2,620
37.2
48.2 I
40.7 :
3,023
39.0
39.0
41.0
2 13, 500
2
999
2 19,438
2
-20.1
-13.8
Plate Glass
Production, polished
thous. of sq. ft..
Glass Containers
Actual production:
Quantity
.thous. of gross..
Relation to capacity
per cent..
New orders
_
thous. of gross..!
Shipments
thous. of gross..!
Unfilled orders, end of month..thous. of gross..!
Stocks, end of month
...thous. of gross __
1,942
70.8
2,838
1,867
11,219
6,646
Illuminating Glassware
Production:
I
Total
number of turns.._j
Ratio of capacity
per ct. of capacity..;
New orders
per ct. of capacity..:
Shipments
per ct. of capacity..
Unfilled orders end
of month
number of weeks' supply..
Stocks, end of month .number of weeks' supply..
1.1
3.6
2
2
5, 568
5, 621 !
+1.0
1.0
3.5
CHEMICALS AND OILS
Chemicals
Sulphuric acid:
Exports
thous. of lbs..
417
541
560
580
728
420
867 |
Price, wholesale
dolls, per lb_.
.76
.78
.75 !
.78
.75
.78
Nitrate of soda:
Imports
-long tons._
67,091
69,867
144, 716
177,187
33, 578 j 94,151
66, 546
Production in ChileQuantity
metric tons.. 210,000
242,800
236, 600
90, 479
253,800
74,253 !
233,849
Units reporting
number of plants. _
56
62
63
63
28
28 !
Potash, imports
-long tons..
17,039
31, 646
33, 774
22, 230
19, 308
18,394 i
62
Superphosphate (acid phosphate):
16,227
Production..
short tons.. 342,400
358,008
322,413
276,231
230,937
350,587
Stocks, end of month...
.short tons.. 1, 806,877 1,995,954 2,196, 736 2,072, 510
42,111,115 11,635,775
Shipments __
short tons..
198,
581
75,260
*
154,527
|
194, 884
79, 885
101, 540
Fertilizer:
Exports
long tons..
95, 605
74, 955
114, 632
80, 319
111,190 ! 109,580
87, 632
Consumption in Southern
States
short tons..
87, 965
1,113, 569 2,185, 435
836,610 1*1,498,537
157,858
603, 343
Dyes and dyestuff, exports:
Vegetable..
thous. of lbs._
377
422
276
490
388
253
239
1,920
2,222
Coal tar
thous. of lbs_.
1,735
2,951
3,595
1,715
2,848
+25.5
0
+73.3
+4.0
1,806
+3.4
+22.4
+88.2
174, 969
391, 770
+123. 9
+7.3
+180. 5
243, 883
733, 200
+200. 6
-34.~2"
+15.T
67, 891
2
552,139
2 233,
239
2
2
87, 650
+29.1
680,421
+23.2
300,121
+28.7
288,448
277, 219
-3.9
+96.3
+45.8
2, 861, 918
3, 902, 347
+36.4
+77.5
+26.3
-39.1
868
8,411
1,005
6,298
+15.8
-51.7
2, 758
-30.0
-25.1
Arsenic
Crude:
Production
Stocks, end of month
Refined:
Production
Stocks, end of month
Price index numbers:
Crude drugs
Essential oils
Drugs and Pharmaceuticals
Chemicals
Oils and fats....
.short tons..
.short tons..
1,269
1,326
1,125
1,375
1,158
1,407
1,600
2,005
1,147
2,387
1,380
2,378
2
3, 941
2
short tons..
short tons..
822
2,255
782
2,101
827
2,496
810
2,251
1,030
2,230
2
2, 753
2,403
*1,495
-45.7
rel. to Aug., 1914._
rel. to Aug., 1914__
206
126
201
128
208
130
209
131
212
132
204
125
206
126
rel. to Aug., 1914..
rel. to 1913-14_.
rel. to 1913-14..
169
112
133
169
112
128
169
112
130
169
112
122
113
122
155
113
137
155
113
134 j
12, 718
1,186
* 12, 519
1,109
« 11, 718
1,091
12,944
1,152
12, 667
1,046
41,071
3,254
37,181
3,352
+3.0
* 12, 527
395
* 11,094
831
< 9, 539
507
12,123
34, 252
1,465
32, 757
1,825
-1.4
+24.6
.thous. of lbs.. < 16,057 « 15, 931 < 17,203
thous. of lbs..
1,560
2,462
2,840
thous. of lbs..
2,078
676
1,630
dolls, percwt..
3.50
3.50
3.50
2
Cumulative through Feb. 29.
* 19, 562
3,459
1,760
3.50
« 20, 072
4,062
2,037
3.50
3,709
5,427
+46.3
+1.4
+.8
+2.9
+4.8
0
+9.0
0
-9.0
14, 223
1,007
+10.5
+5.6
10,184
171
14,002
785
+27.1
-3.7
22,422
2,988
500
3.50
22,620
3,057
1,579
3.50
+2.6
+17.4
+15.7
0
-9.0
+14.4
-13.4
-37.8
-11.3
+32.9
+29.0
0
+.9
0
Wood Chemicals
Acetate of lime:
Production—
United States
Canada
ShipmentsUnited States
Canada
Stocks, end of m o n t h United States
Canada
Exports
Price, wholesale
thous. of lbs..
thous. of lbs..
4
13,468
1,105
thous. of lbs.. * 13, 575
thous. of lbs..
808
4
4
Revised.
-9.5
36
TREND OF BUSINESS MOVEMENTS—Continued
|! CUMULATIVE
1927
The cumulatives shown are through
March, except where otherwise noted.
Earlier data for items shown here may
be found on pages 24 to 138 of the
February, 1928, " Survey '*
1928
1927
1
Mar.,
December
November
January
February
March
February
March
\\
Mar.,
THROUGH
31
1928,
1928,
from
Mar.,
+10.5
+3.7
- 9 . 9 ! 2,212,750
+10. € '
138, 849
1928
(
MARCH
!
from
Feb.,
Perct.
increase
TOTAL
1927
1928
1927
V
or decrease
(-)
< cumui lative
j 1928
! from
; 1927
CHEMICALS AND OILS—Continued
Wood Chemicals—Continued
Methanol, crude:
ProductionUnited States
gallons..
Canada
gallons..
Stocks at crude plants, end of m o n t h United States
gallons..
Canada
gallons..
Stocks at refineries and in transitUnited States
gallons..
Canada
gallons..
Exports
gallons. _
Wood at chemical plants:
Consumption—
United States
cords__
Canada
cords..
Stocks, end of m o n t h United States
cords..
Canada
cords..
Daily capacityTotal
cords..
Shutdown
cords..
Methanol, refined:
Production—
United States
gallons..
Canada
gallons..
Stocks, end of m o n t h United States
gallons. _
Canada
gallons..
ShipmentsUnited States
gallons..
Canada
gallons. _
Price, wholesale, N. Y
dolls, per gal_.
4
660,625
47, 750
635,166 i * 649, 551
, * 592, 855 i 654, 846
680,| 583
49,107 ! 47,234 ; 45,659 ! 47,377 j 46,141
726, 694
42, 823
> 359, 584 * 354, 266 ! * 344, 798 i < 363, 324 ! 320,166
340, 847
33,414
50,299 i 39,249 j 46,158 j 55,77"
45, 984
387, 684
-11. 9
40,335 I +20.8
, 407, 745 1,165, 544 |l, 126,152 1,132, 377 1, 079,047 613, 939
31,987
43,458 j 56,104 j 55,298 | 47,268
19, 657
39,369 I 33,384 j 42,871
41,232
16, 226
48, 624
645,852 ! - 4 . 7 +67.1 .,.
22,574 i - 1 4 . 5 +109.4 !
20,584 !| - 3 . 8 i+100.3
* 70, 775
5,937
' 593, 089
71, 695
3,323
145
68, 559 i 64, 080 !
5,858
5,640 |
4
565, 456 | « 560, 568 * 543, 555 j
! 75,124 | 74, 440
74,734 |
3,329
3,293
3,323 |
249
226 I
261 I
* 67,101 I
5,700 !
529, 552
38,600
452,246 i
32,854 !
626,643 I
28,629 I
.48 i
470,969
41,000
419,812
34,752
506,310
16,937
.48
4
i 496,073
| 38.700
455,316
I 29,198
! 482,666
i 17,775 !
!
.48 |
71, 863
5,793
528,495
75,117
3 323
261
68,972
75, 755
5,306 ! 5,300
1,897,252 '
140,270
-14.3
+1.0
-17.4 !
+38.3 !
+12.1
- 5 . 1 |j
+ 2 . 7 I + 9 . 3 ||
47,822 j
224, 960
16, 702
117,487 ' +145.7
204,502 i:
-9.1
17,291 I
+3.5
473,346 ! 481, 807 I - 2 . 8 ! + 9 . 7 !|_
32,539 | 33, 526
+ . 5 1+124.1 jj.
3,555 I
155 i
3,526 |
295 !
0
0
-5.8
-11.5
390,099 442, 023
44,850 i 48, 400
305,479
37,070 j
569,059 | +13.3 ! - 2 2 . 7 '• 1,354,986 1,328,195 i - 2 . 0
39,925 | + 7 . 9 j +21.2 '.• 112,285 j
131,950 ! +17.5
467,723 ; 412,597
33,044 | 48,413
407,351 : 469,308
35,986 : 11,505
.46 ;
.46
426,736 I
64,719 |
597,379
, ||11-11.8 || -30.9 !,
I
28.7
67,938 11 +46.5 I
337,428 ! 411,114 +15.2 +14.2 : 1,123,072 ! 1,359,325 j +21.0
30,516 '•• 36,109
-68.0 - 6 8 . 1 I.
92,662
65,266 I — 29. C
.83
.83
0
-44.6 |
Ethyl Alcohol
Production
thous. of gals..
Withdrawn for denaturization..thous. of gals..
Warehouse stocks, end of month.thous. of gals..
18, 051
17, 329
8,211
19,502 !: 13,050
18,760
10,098
8,158 ! 9,463
11, 220
9,061
10,120
10,324
9, 152 i
9,842
11,491 U
12,224 !|
8,313 j!
2 23,569
M8,041
2
35,383 i
33,578
31,102;
19,145 !
32,190
31,890
31.517
19.518
2
2
24, 230 !
19,159 I
2
+2. 8
+6. 2
Explosives
(Black powder, permissible, and other high
explosives)
Production
Shipments
New orders
Stocks, end of month
thous. of lbs..
thous. of lbs..
thous. of lbs..
thous. of lbs..
34,695
34,645
32,111
17,847
! 29,490 I
I 27,839 i
! 27,398 '<
J 19,196 I
29,607
31,895
31,332
31,035 j
29,879 I 29,203 '
17,973
18,447 '
II
11
I
!!.
2
2
69, 230
67, 304
64, 718
61, 502 ! - 1 1 . 2
62, 367 I - 5 . 8
59, 082 j - 8 . 7
2
2
Naval Stores
Turpentine (gum):
Net receipts, southern ports
barrels..
Stocks at 3 ports, end of month
barrels. _
Price, southern, in barrels,
New York
dolls, per gal..
Rosin (gum):
Net receipts, southern ports
barrels..
Stocks at 3 ports, end of month
barrels..
Price, common to good (B),
New York
dolls, per bbL.i
Rosin (wood):
Production
barrels. _|
Stocks, end of month
barrels..j
Turpentine (wood):
j
Production
barrels. _ j
Stocks, end of month
barrels..]
Pine oil:
I
Production
gallons..
Stocks, end of month
gallons..
Rooting
Roofing felt:
Production, dry felt
tons..
Stocks, end of month, dry felt
tons..
Prepared roofing:
Shipments
thous. of roof squares. _|
35, 795
77, 676
.51
7,764
72, 035
28, 154 i
4,568 ; 5,624 i
5,138
61,906 | 40,338 | 40, 047
10,132
24, 668
.60 |
.60 |
.60
.54 |
30,549 j 25,544 | 27,214 I 36, 322
144,892
41,160
247,954 | 115,397 j 200, 262 159,053 ; 123,074 | 147,635 j 81,013
[
248,755 |
8.94 |
8.89 ;
9.54 |
11.23
11.71 |
35,187 I
87,179 |
28, 483
85, 553
29, 200
85, 413
32,792 ! 35,148 !
90,429 | 98,101 1
32,043
45,124
35, 313
53, 866
6,820 |
13, 385
5,291
12, 869
5,771
10, 631
5,645 I
6,647 !
10,477 ! 10,862 |
6,587
7,314
7,253
6,953
235, 695
561, 363
192,141
588, 571
198, 646
605, 771
237,953 | 259,079 11 207,197
641,354 693,522 j! 313,457
245, 232
345, 842
25, 680
3,810
25, 853
3,118
21, 743
3,088
3,280 |
+23. 1
-34. 8
—44. 5
22, 656
17, S
+63.5
81,939 |
3,386
1,587 |
19,098 ! 25,492
3,558
2,775
1,320
19,669
4,045
25, 209
3,417
-18.9
-16.4
-29.7
- 2 2 . 6 j +51.9
-.6
+33.5
97,253
-5.3
102, 524
97,140 |
-5.3
20, 893
18,063
-13.5
693, 992
695,678
+.2
66,333
+3.4
2
-6.1
S -20.8
+7.2 ! - . 5
+8.5 I +82.1 ij
+17.8
+3.7
+8.9
+8.1
102,672
I -8.4
! +56.2 |
i +5.6
1+100. 5
+1.1
-22.0 I -18.8
64,144 |
|"
3, 096 ;
2
1,691 I
2,891
8,435
38,212 I
12,520 I
I
16,153
6, 950
48,137
14, 747
+5.2
+12.8
+193. 5
+35.3
+16.7
+3.1
22, 352
138, 302
46,948 I
27,750 i +24.2
165,860
+19.9
16,130
-6.2
+29.5
63,871 |
75,909 | +18.8
9,680
11,169
2 19, 517 I
2 27,200
22,345
20,356 !
6,724 ;
25,484
27,234
6,546
2 45,093 |
69,449 !
2 13,455 I
2
2, 907
Fats and Oils
Total vegetable oils and copra:
Exports
Imports
Copra, imports
Copra or coconut oil:
Imports
Consumption in
oleomargarine
Oleomargarine:
Production
Consumption
Animal glues, shipments
thous. of lbs._
thous. of lbs_short tons..
6,484 ! 8,481
68,589
60, 010
23,422 ! 29, 582
9,405
59, 870
26, 872
8,939 ! 9,406 i
49,811 ! 56,179
5,178 | 15,200
thous. of lbs..
30, 095
29, 339
32, 751
22, 271
thous. of lbs..
12,373 |
13,549
25, 913
27, 461
thous. of lbs..
26, 717
26, 256
thous. of lbs
6,100
6,061
thous. of lbs..
2
Cumulative through Feb.
20,887 |
13,191
14, 009
26, 205
27, 729
6,814
29.
27, 624
26, 327
27, 427
6,672 !
+4.2
* Revised.
+.7
47,250 ;
53, 829
81, 483
2
13, 486
+.6
+39.4
+19.4
+17.3
+.2
37
TREND OF BUSINESS MOVEMENTS—Continued
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MARCH
31
PER CENT INCREASE ( + ) OR
DECREASE (—)
The cumulatives shown are through
March, except where otherwise noted.
Earlier data for items shown here may
be found on pages 24 to 138 of the
February, 1928, " Survey "
Mar.,
1928,
from
Feb.,
1928
Mar.
1928,
from
Mar.
1927
Per ct.
increase
(+)
or decrease
(-)
cumu
lative
1928
from
1927
CHEMICALS AND OILS—Continued
Cottonseed
Cottonseed:
Receipts at mills
short tons..
Consumption (crush)
short tons..
Stocks at mills, end of month..short tons..
Cottonseed oil, crude:
Production
thous. of lbs..
Stocks, end of month
thous. of lbs..
Cottonseed oil, refined:
Production
thous. of lbs..
Stocks, end of month
thous. of lbs..
Price, yellow, prime,
New York
dolls, per lb_.
Consumption in
oleomargarine
thous. of lbs_.
Cottonseed cake and meal:
Production
short tons..
Stocks, end of month
short tons..
r
Exports
short tons. -
177,229
450, 627
489, 955
339,212
570,408
763,353
358,989
615,072
561, 686
181, 022 144, 658
168,519 | 159,302
-25.1 j - 4 3 .
-21.7 -10.
143,378 | 138,231
538,257 ! 566,832
344, 591
205, 008
63, 790
268, 757
190,354
43, 327
259,275
177,118
53,249
-46.2 I -73.5 1,414,185
-28.3 -47.4 2,151, 579
-46. 5 -53. 4
-9.7 i -26.9
- 4 . 4 | +7. 2
202,264
170, 827
27,671
310,075
152,147
61, 775
278,417
178, 737
23,860
-25.4
-35.1
-54. 8
58, 454
115, 350
51,404
109,392
-5.8
-5.8
-45.8
-37.0
-47. 6
Flaxseed
Minneapolis and Duluth.
Receipts
thous. of bushs..
Shipments
thous. of bushs..
Stocks, end of month
thous. of bushs-.
Imports
thous. of bushs..
Linseed oil:
Shipments from Minneapolis.thous, of lbs..
Price, New York
dolls, perlb..
Linseed cake and meal:
Shipments from Mmneapolis.thous. of lbs..
Exports
thous. of lbs..
1,079
2,035
3,997
1,029
, 857
58, 522
22, 581
53, 999
FOODSTUFFS
Wheat
Visible supply, end of month:
United States
thous. of bushs
Canada
thous. of bushs
Stocks held by mills, end of
quarter
thous. of bushs
Receipts, principal markets...thous. of bushs
Shipments, principal markets.thous. of bushs
Exports:
United S t a t e s Wheat only
thous. of bushs
Including wheat flour.thous. of bushs.
Canada—
Wheat only
thous. of bushs.
Including wheat flour.thous. of bushs
Prices:
No. 2, red winter, Chicago.dolls. per bush
No. 1, northern spring,
cash Minneapolis
dolls. per bush.
3 115, 637
26,522
19,440
85, 772
20,952 I 16,605
10,413
12,164
2,276
6, 536
-26.2
+16.8
+16.5
+35
+31
-.5
+58.2
+22.4
5,084 | +20.4 - 4 6 . 1
' +11.5 I -18.9
2, 740
7,290
Wheat Flour
Grindings of wheat:
United States (census)
Canada
Production:
United States, actual
(census)
United States, prorated
(Russell)
Canada
Production, grain offal
Capacity operated, flour mills
Consumption (computed)
Stocks, all positions, end of
month (computed)
Stocks held by mills, end of
quarter
Exports:
United States
Canada
Wholesale prices:
Standard patents,
Minneapolis
Winter straights,
Kansas City
thous. of bushs..
thous. of bushs..
42, 415 < 41,140 | 44, 669
7,246 ! 6,737 |
thous. of bbls..
thous. of bbls._
thous. of bbls..
thous. of lbs__
per cent..
thous. of bbls_.
11,337
2,120
782,841
59
11,111
10, 396
1,455
700, 540
50
10,074
10, 877
1,767
745,242
53
10,451
2 18, 672
20, 609
2 2, 727
2 3,043
+8.3 ! +12.5 2, 000, 857 2,259,280
- 3 . 6 ! +8.0
thous. of bbls..
-thous. of bbls._
thous. of bbls..
thous. of bbls..
.dolls, per bbl._
7.33 i +2.3
dolls, per bbl_.
6.58
+2.9
+3.3 i +4.6
Corn
Exports, including meal
thous. of bushs._j
861
Visible supply, end of month._thous. of bushs. _ 20,439
Receipts, principal markets
thous. of bushs..
16,971
Shipments, prin. markets
thous. of bushs. _ 10, 256
Grindings (starch, glucose)
thous. of bushs._
8,064
Prices, contract grades, No. 2,
Chicago
dolls, per bush._
2 Cumulative through Feb. 29,
1,
28,390
37, 088
16, 064
6,301
1,661
30, 078
36, 001
19, 551
,330
3
4,097
43, 582
44,126
22, 705
8,339
3,697
46, 734
41, 039
24,402
9,243
2,023
47, 792 !
24, 667
,500
6,510 |
.95
.99
.76 1
Quarter ending in month indicated.
2,180
50,079
19, 310
10, 111
7,336
+69.
-6.7
+112.5
+141.3
+26.0
121,166 +69. 2
66,658 1 + 127.9
25, 912 +26. 6
.73
Revised.
38
TREND OF BUSINESS MOVEMENTS—Continued
1927
The cumulatives
shown are
through
March, except where otherwise
noted.
Earlier data for items shown here may
be found on pages 24 to 138 of the
February, 1928, " Survey "
1928
November
December
January
11,961
24,429
672
10, 733
22,982
724
10,495
21,519
.51
1,110
.55
1,202
.56
1,040
13,565
14, 734
12,461
),360
7,654
4,338
6,490
4,199
2,707
3,425
6,401
2,359
1,701
4,457
2,206
February
PER CENT INCREASE ( + ) OR
DECREASE (—)
1927
March
February
March
Mar.,
1928,
from
Feb.,
1928
Mar.,
1928,
from
Mar.,
1927
+19.8
-21.2
+26.3
+5.2
+36.0
-57.4
+59.5
i perct
CUMULATIVE TOTAL
inFROM JANUARY 1 i crease
THROUGH MARCH
31
i! or deicrease
-\\ (-)
u cumu! lative
1927
1928
1928
from
1927
FOODSTUFFS—Continued
Oats
Receipts, principal markets
thous. of bushs..
Visible supply, end of month..thous. of bushs._
Exports, including meal
thous. of bushs..
Prices, contract grades,
Chicago
dolls, per b u s h . .
Grindings, Canada
thous. of bushs..
Production, oatmeal and rolled
oats, Canada
thous. of l b s . .
11,667
20, 634
.58
822
13,975
16, 265
.61
10, 053
44,625
321
10, 272
38,155
395
.48
734
34, 702 I
+24.5
2
2
7,711
8,603
2,347
3,790
1,257
2,254
3,002
2,121
.99
.78
.78
+3.1
+26.9
36,137
173361
+4.1
17967 "+47.~9
1, 484
2 1,862 :"+25"5
16,601 !
2 21,821
+31.4
Barley
Receipts, principal markets...thous. of bushs..
Visible supply, end month
thous. of bushs..
Exports.
thous. of bushs..
Price, fair to good, malting,
Chicago
dolls, per b u s h . .
.84
.93
5,052
2,738
+13.4 +124.1
+24.1 -8.8
-21.7 -63.6
7,264
15,910 1+119.0
•"4,~384~|
^2
Bye
Receipts, principal markets...thous. of bushs..
Visible supply, end month
thous. of bushs..
Exports, including
flour
.thous. of bushs..
Price, No. 2, Chicago
dolls, per bush..
4,619
2,412
2,889
1.06
2,386
3,275
1,309
1.09
1,477
3,656
519
1.09
1,333
4,078
458
1.12
1,982
4,959
313
1.20
2,156
13, 655
591
1.05
1,485
14, 048
786
1.00
+48.7
+21.6
-31.7
+7.1
+33.5
-64.7
-60.2
+20.0
4,922
4,792
-2.7
2,181
1,290
-40." 9
18, 650
16, 279
12, 469
12, 618
13, 014
14,469
+1.2
-12.8
44, 543
41,366 ;
+17.1
+51.7
2,087,461 j 2,600,492 i +24.6
-5.8
-24.2
+4.9
-10.3
-33.2
+23.3
-14.5
+14.4
-34.7
-35.1
2,732,455
625, 653
2,984,907 |i + 9 2
553,697 !; -11.5
1,320,308
187, 918
1,080,277 ! "-18"2
150,843 ' - 1 9 . 7
-34.3
-27.4
-29.4
+16.7
-8.1
-22.7
-32.4
+12.3
+0.3
-21.3
-10.0
20,986
55, 727
6,553
35, 526
198,997
13, 788
65, 505
7,327
27,986
183, 249
-34.3
+17.5
+11.8
-21.2
-7.9
-3.4
-5.4
-10.8
-2.2
-15.9
-14.0
-13.9
-17.1
5,130
1,801
581
3,282
4,752
1,734
601
2,981
-7.4
-3.7
+3.4
-9.2
+2.1 -13.4
+1.5 -13.8
+22.2 -43.6
1, 281, 971
1, 303,436
5,748
1,136, 386
1,158, 514
3,052
-11.4
-11.1
-46.9
11,314
4,210
295
15, 212
5,419
230
9,792
+34.5
+28.7
-22.0
+38.2
Total Grains
Total grain exports, incl. flour.thous. of bushs..
37,608
Bice
648,369 621,153
831, 033 853, 581 804, 645 942,266
Southern paddy, receipts at mills
. . . b b l s . . 1,266,278
Shipments:
1,006,759 1,118,120 961,109 905, 678 877, 798 734,405
177, 220 199, 258
Total from mills
pockets (100 lbs.)., l, 162,603 234, 740 158,323 224,932 170,442
New Orleans
pockets (100 lbs.).. 232,725 2, 290, 857 2,106,310 2, 038, 415 2,137,656 1,957, 608 1, 867,788
508,885 442,528
Stocks, end of month
pockets (100 lbs.) 2 409,940 267, 294 469,435 322,071 288, 771
70, 562
Exports...
_
pockets (100 lbs.).
160,871
52, 744
60, 538
58,820
39, 279
54, 723
Imports
pockets (100 lbs.)..
22,808
Other Crops
Apples:
Cold-storage holdings,
5,114
5,307
3,141
end of month.
thous. of bbls
* 3, 699
2,429
7,831
6,845
7,883
5,305
Car-lot shipments
carloads
4,913
3,569
5,276
16, 607
5,881
17,314
Potatoes, car-lot shipments
carloads
19, 665
23, 582
21,005
22, 258
20,318
13, 206
2,018
Onions, car-lot shipments
carloads
3,114
1,743
1,738
2,470
2,924
2,234
10,855
Citrus fruit, car-lot shipments
carloads
9,057
10,194
8,735
12,946
12,123
7,487
56,938
Hay, all tame, receipts
tons
57, 567
63,009
51, 806
63, 971
55,161
62, 673
+5.9
_7,i
Cattle a n d Beef
Cattle movements, primary markets:
Receipts
thousands..
Shipments, total
thousands..
Shipments, stocker and feeder..thousands..
Local slaughter
thousands..
Beef products:
Production, inspected
thous. of lbs. .
Apparent consumption.
thous. of l b s . .
Exports
thous. of lbs._
Cold-storage holdings,
end of month
..thous. of lbs
Prices:
Cattle, corn-fed, Chicago.dolls. per 100lbs..
Steer rounds No. 2.
dolls, per lb_.
Western dressed native steers,
New York
dolls, per lb_.
1,465
522
173
940
1,555
537
175
1,012
1,743
607
201
1,134
370, 385 378, 251
379, 461 385,108
1,143
935
401,482
407, 852
1,748
436, 571
446,970
2,025
56,963
88, 020
77,159
-26.2
13.72
.205
11.06
.150
11.92
.158
-7.2
+2.5
+15.1
+29.7
-3.1
+26.3
3,754
1,368
102
2,386
-11.9
-2.8
+4.0
-16.3
608,455 695,176
446,129 539,757
74,150 I 76, 508
-12.5
-3.5
1,006,998 1,161, 682
+7.0
748,777 | 830, 515 +15.4
+23.6
+28.7
-23.5
+21.2
+28.1
+14.7
+52.8
* 885,916
996,907
671,674 j 738,446
+12.5
217, 354
79, 872
79,929
119,715
49, 884
* 121, 082
164, 775
77,103
7.83
.207
.118
11.64
.273
.128
2,346
1,156
615
1,240
729
319
1,771
660
234
1,080
459, 364
443, 800
1,085
403, 660
394, 808
1,097
387, 750
393,945
974
65, 345
76, 947
71,651
* 63, 749
15.94
.190
15.50
.196
15.80
.220
14.78
.200
.234
.238
.230
.230
.221
5,267
1,810
75
3,457
4,639
1,760
78
2,892
1,516
552
194
961
1
Hogs and Pork
Hog movements, primary markets:
Receipts
thousands..
5,306
4,209
3,666
Shipments, total
thousands. _
1,849
1,284
1,485
Shipments, stocker and feeder ..thousands..
77
113
95 j
Local slaughter
thousands_.
2,382
2,745 j 3,443
Pork products, total:
I
Production, inspected
.thous. of lbs..! 596,842
793,789 935, 467
Apparent consumption
thous. of lbs..I 603, 579 594,140 675. 668
Exports
thous. of lbs.-l 67, 764
98, 794
87, 955
Cold-storage holdings, total
!
end of month
thous. of lbs.J 465, 976
739, 645
578, 280
Fresh and cured in storage,
end of month
thous. of lbs_. 419,822
655, 638
523,425
Lard (included in pork products):
Production
thous. of lbs._ 110, 525
155,157 190, 557
Exports
thous. of lbs_.
49,636
62,855 | 70,660
Cold-storage holdings,
end of month
thous. of lbs. _ 46,154
54,855 ! 84,007
Prices:
Hogs, heavy, Chicago
dolls, per 100 lbs._
8.32
9.47
8.58 f
Hams, smoked, Chicago
dolls, per l b . .
.220
.212
.214 !
Lard, prime contract, N. Y..dolls, p e r l b . .
.125
.120 '
.124
2
Cumulative through Feb. 29.
1, 017, 548 890, 408
* 641, 246 619,020
109, 280 116, 937
8.03
.210
.116
3,308
1,315
94
2,006
+39.9
+35.0
+.1
92, 069 +36.1
+50.7
-2.5
-1.4
-1.7
-28.9
-23.3
-9.2
4
Revised.
+76.8
2,843,423 +36.2
1,935,934 +24.9
325,011 ! +37.8
T
2
140, 267
53,040
11.01
.270
.130
2,087, 389
1, 550, 214
235, 792
274,307
162,766
2
407,911 +48.7
230,461 \\ +41.6
39
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives shown are through
March, except where otherwise noted.
Earlier data for items shown here may
be found on pages 24 to 138 of the
February, 1928, " Survey "
November
December
January
February
PER CENT INCREASE ( + ) OR
DECREASE (—)
1927
1928
1927
March
February
March
Mar.,
1928,
from
Feb.,
1928
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MARCH
31
Mar.,
1928,
from
Mar.,
1927
1927
1928
Perct.
increase
(+)
or decrease
(-)
cumulative
1928
from
1927
FOODSTUFFS—Continued
Sheep and Lamb
Sheep movement, primary markets:
Receipts
thousandsShipments, total
thousands.
Shipments, stocker and feeder, .thousands.
Local slaughter
thousands.
Lamb and mutton:
Production, inspected
thous. of lbs.
Apparent consumption
thous. of lbs.
Cold-storage holdings,
end of month
thous. of lbs.
Prices:
Sheep, ewes, Chicago
dolls, per 100 lbs.
Sheep, lambs, Chicago.._dolls. per 100 Ibs.
+2.0
+1.9
-2.4
+13.2
-32.1
-16.4
4,794
2,207
483
2,593
4,892
2,248
312
2,644
-35.4
-4.4
-3.1
+1.4
126, 215
127, 972
133, 267
134, 550
+5.6
+5.1
2,940
+9.6
+49.8
8.00
15.06
+3.1
+1.7
+5.1
+2.1
60, 951
+4.2
+22. (
Production, inspected
thous. of lbs. 1, 098, 559 1, 242,109 1, 370, 298 1, 431, 989 1,310, 789 1, 050,446 1,173, 290 - 8 . 5
900,101 971, 565 +13.1
721, 055
879,919 U, 146,474 1, 296, 588
587, 338
Cold-storage holdings, end mo..-thous. of Ibs.
-1.7
894,924 1,029,464
Apparent consumption
thous. of lbs. 1,089, 256 1,033,194 1,116, 668 <l,065,135 1, 047,195
+11.7
+33.4
+1.7
3,495, £
4,113, 076
+17.7
2,981,622
3, 228,998
+8.3
62,430
68,339
+9.5
5,099
61,476
-7.0
570, 788
2 248, 706
-41.3
+44.
1,609
723
174
1,705
705
116
994
1,667
729
101
945
1,520
814
95
705
< 1, 501
669
136
829
1,558
719
140
843
42, 354
41, 877
44, 660
44, 246
47, 081
47,055
44,057
44, 428
42,129
43, 067
40, 510
40, 943
41, 544
42, 737
3,790
4,408
4,404
* 4,020
4,404
4,074
5.47
13.58
5.63
13.01
6.05
12.65
8.16
15.13
8.41
15.38
7.78
13.24
52, 227
61, 420
64, 219
74, 706
59, 230
497
950
4
+11.7
-5.9
-25.4
+.8
+2.0
Miscellaneous Meats
Cold-storage holdings, end mo..-thous. of lbs-
< 71, 707
Total Meats
Poultry
Receipts at 5 markets.._
Cold-storage holdings,
end of month
thous. of lbs.
61,370
70, 350
29,347
thous. of lbs.
85,030
117, 490
118,154
1
20, 857
18,135
18,949
15, 777
13.1
+14.9
103,494
83,113
129, 510
104, 697
19.6
-20.6
Fish
of lbs.
21, 096
14, 051
14,300
18, 860
28,316
19, 349
28,610
+50.1
-1.0
of lbs.
66, 790
64, 787
53,921
* 44,877
34,607
48, 684
34,887
-22.9
-1.8
cases.
cases.
377,951
209,358
349,112
95,921
254, 394
168,946
316, 392
79, 760
490,107
66,467
368,071
126, 594
Production (factory)
thous. of lbs.
Receipts, 5 markets
thous. of lbs.
Cold-storage holdings, creamery,
end of month
.thous. of lbs.
Apparent consumption
.thous. of lbs.
Wholesale price, New York
.dolls, per lb_
86, 238
33,607
88,164
33, 687
103,861
42, 271
96, 768
41,140
91, 574
38, 375
106,873
45, 210
+11.5
+11.2
+1.0
+1.2
292, 359
121, 290
308, 525
129,159
-\-5.5
83, 224
159,106
.50
46, 289
163, 244
.52
28, 273
159,687
.49
* 14,404
143, 844
.47
7,952
135,997
.52
3,044
154, 276
.51
-59.4
+92.1
+1.4
436,179
460,036
+5.5
20, 511
14,279
36,022
21,186
13,826
35, 335
24,033
14,409
37, 408
24,456
13, 716
36, 618
26, 609
14, 916
36,145
32, 928
14, 872
42, 985
+24.3
+6.8
+13.3
-7.6
-1.5
-3.5
85, 787
42,494
115, 746
78, 899
42, 780
115,516
-8.0
70, 735
8,976
321
16,072
64, 035
7,474
211
8,878
55, 862
5,347
257
1,324
* 48, 784
5,303
208
1,148
54, 072
4,788
370
3,404
47, 840
7,824
346
3,191
-11.4
+8.6
+27.9
-9.7
-26.4
-23.1
18, 220
1,072
6, 613
16, 409
731
2 2, 472
-9.9
-31.8
-63.5
53,447
.27
47, 765
.29
41, 793
* 36, 710
.24
31, 793
.25
39, 382
.26
35,193
.25
-13.4
+4.2
1,320
2,034
1,176
1,997
+54.1
4,143
4,216
+1.8
2,956
54, 703
882
47,020
26
38, 575
<66
31, 362
1,082
34,443
92
26,053
1,868
33, 272
+9.8
+3.5
29,155
12, 362
24,820
8,310
20, 618
8,457
* 17, 924
* 7,635
15,844
8,002
12, 418
7,782
10,935
7,813
+4.8
+44.9
+2.4
24,919
5,521
2,981
6.02
19, 048
4,656
2,345
6.00
15,151
5,216
3,819
6.00
12, 534
* 5, 230
2,645
5.98
10, 868
5,812
4,707
5.84
7,054
3,619
2,853
5.72
5,378
3,881
2,974
5.75
8,521
11,171
+31.1
166,187
140,133
118,444
* 93, 528
75, 901
49, 940
47, 476
-18.8 j +59.9
149, 397
4,662
4.59
117,115
4,532
4.57
95,120
7,360
4.58
* 65, 497
7,531
4.46
56,173
8,742
4.23
10,150
4,331
4.50
9,346
6,232
4.50
-14.2 +501.0
+16.1 I +40.3
-5.2
-5.2
16,117
99, 393
99,465
102, 847
131, 323
181, 476
119,142
152, 840
+18.7
388, 994
Total catch, prin. fishing ports...thous.
Cold-storage holdings,
15th of month.
thous.
Canned salmon:
Shipments, United States
Exports, Canada
2 972, 247
2 172, 613
2
Butter
+8.8
+4.3
+6.5
gg
Cheese
Total, all varieties:
Production (factory)
thous. of lbs.
Receipts, 5 markets
thous. of lbs.
Apparent consumption
thous. of lbs.
Cold-storage holdings,
end of month
_. thous. of Ibs.
Imports
_. thous. of lbs.
Exports, United States
thous. of lbs.
Exports, Canada
thous. of lbs.
American whole milk:
Cold-storage holdings,
end of month
thous. of lbs.
Wholesale price, New York.. .dolls. per l b .
Receipts, 5 markets
thous. of eases..
Cold-storage holdings, end of month:
Case
thous. of cases..
Frozen...
thous. of l b s . .
603
+1.9
2
+.7
-.2
-42.1
Milk
Condensed milk:
Manufacturers total stocks
(end of month)—
Casegoods...
thous. of lbs. .
Bulk goods
thous. of lbs._
Manufacturers' unsold stocks
(end of month)—
Case goods
thous. of l b s . .
Bulk goods
thous. of lbs._
Exports
thous. of lbs. .
Wholesale price, New York.dolls. per case..
Evaporated milk:
Manufacturers' total stocks, end
of month (case goods)
thous. of l b s . .
Manufacturers' unsold stocks,
case goods
thous. of lbs
Exports
thous. of l b s . .
Wholesale price, New York.dolls. per case..
Production, condensed and
evaporated milk__.
thous. of lbs._
2
Cumulative through Feb. 29.
4
-13.3 +102.1
+11.1 +49.8
+78.0 +58.3
-2.3
+1.6
+38.2
Revised.
23,633 ! +46.6
415, 646
+6.9
40
TREND OF BUSINESS MOVEMENTS—Continued
1927
1928
1927
The cumulatives shown are through
March, except where otherwise noted.
Earlier data for items shown here may
be found on pages 24 to 138 of the
February, 1928, " Survey "
Novem- ; Decem- January j February
ber
ber
March
February
Percr.
increase
PER CENT IN- |l CUMULATIVE TOTAL
CREASE ( + ) OR ! FROM JANUARY 1
THROUGH MARCH
DECREASE (—) I
31
March
Mar.,
1928,
from
Feb.,
1928
Mar.,
1928,
from
Mar.,
1927
!
i
|
|
!
-5.0
-19.9
+32.2 ::!
+55.6
(+)
or decrease
(-)
cumulative
1927
1928
693
12,461
830 i +19.8
15,748 ;| +26.4
1928
from
1927
FOODSTUFFS-Continued
Milk
Powdered milk:
Manufacturers' total stock
thous. of lbs.
Exports
..thous. of lbs.
Net new orders
thous. of lbs.
Fluid milk:
ReceiptsBoston (includ. cream)...thous. of qts.
Greater New York
thous. of qts.
ProductionMinneapolis, St. Paul
thous. of lbs.
Consumption in manufacture
of oleomargarine. _
.thous. of lbs.
7,950 I
298 I
5,706 |
8,334
236 ;
4,880 '
4
9,185
328
4, 781
8,724 I
266 !!
6,087 !
6,710
254
4,214
6,601
171
4,679
+27.3 +30.1
i
16,624 ; 17,376
108,536 | 108,272
19,868
22, 627
7,034
7,363
Sugar
Raw:
Imports—
From Hawaii and Porto
24, 340
Rico...
long tons.
223,855
From foreign countries.
long tons.
Meltings, 8 ports
long tons. 295,922
215,665
Stocks at refineries, end month...long tons.
Receipts, domestic, at New
5,727 !
Orleans
long tons.
Refined:
44,663
Shipments, 2 p o r t s . . .
long tons.
30, 665
Stocks, 2 ports
long tons.
4,480
Exports, including m a p l e . long tons.
Prices:
Wholesale, 96° centrifugal,
.047 i
New York
dolls, per lb_
.056 I
Wholesale, granulated, N . Y..dolls, per lb_
.063 I
Retail, granulated, N. Y
dolls, per l b .
131 i
Retail average, 51 cities
relative to 1913.
Cuban movement (raw):
Receipts at Cuban p o r t s . . .
long tons. 1,106,974 i
261,815
Exports.
long tons.
344, 693
Stocks, end of month
long tons.
Cofifee
Imports
thous. of bags.
Visible supply, end of month:*
World
thous. of bags.
United States
thous. of bags.
Receipts, total, Brazil*.
.thous. of bags.
Clearances:*
Total, Brazil, for world
thous. of bags.
Total, Brazil, for U. S
thous. of bags.
Price, Rio No. 7, Brazil grades,
New York
dolls, per l b .
5,723
336
5,559
17,490
109,709
26,140 :
104,413
26,192
18,140
113, 200
+9.4
+0.9 i |
318,375
28, 780
24, 623
27, 794
+9.9
+3.5 11
77,885
8,117
20,058
201,139
243, 364
205, 573
45, 026
219, 926
307,050
192,968
130, 034
344,459
310, 612
333,493
10,204
None.
None. I
None.
123
46
45, 340
30, 387
3, 651
40,958
29,542
3,184
47,631 !
20,283 |
8,842
70,414
31, 621
9,865
60,724
30,491
6,541
84,070
52, 056
18,295
.045
.057
.063
129
.049
.060
.068
136
.048
.058
.067
135
86,425
244, 852
212, 314
.045 |
.057 I
.063
129
.043
.056
.063
129
204,691 !
425,817 |
458, 231
i
'•
;
!
238,129
898,615 ;1, 016, 015
212,161 ! 326, 705 ! 584,153
177,801 ! 851,113 11,202,871
142,800
366,551
362,841
300,858
|
i
I
!
157,549
400,544
553,004
321,629
805,868 11,084,038
397,066 I 512,824
702,733 11,310,347
4
1,099 I
1,144
1,148
1,024 !
1,085
949
4 803
5,050 !
686 I
1,714 I
5, 041
768
1,372
4,862
782
4,792 S
833 !
1,022 |
5,050
873
1,324
4,385
903
1,052
4,318
765
1,510 I
813 j
1,441
876
1,237
687
980 !
507
1,306
789
947
447
1,223
672
.145 !
.142
.148
1,216 j
I!
7,042
6,262 j
7,190
.046
. 056
. 062
129
2
114,214
15, 522
99,019
15,964
2
12, 549 I
33,454 i | +2.S
328,336 +3.1
81,112
!
+4.1
215, 307
+57.4 +29.9
370,536 I 379,751 ! + 2 . 5
+23.6 +6.3
931,068
990,202 ! + 6 . 4
+50.8 -15.3 | 1,206,458 1,086,158 ;| - 1 0 . 0
+37.4 +42.5
-100.0
1,573
+47.8 - 1 6 . 2 |!1
+55.9 - 3 9 . 3 j
+11.6 - 4 6 . 1 |i
190,889 j
!
30,596 !
None. ,;-100.0
159,003
21,891
:
-16.7
-28.5
+4.7
+1.8
0
0
+13.1
+78.8
+41.3
.158
+6.0
+5.4
+4.8
+29.5
+33.3
+55.7
+7.0 ! +6.3
5,369
+24.5 | +41.1
1,063
.168
II
32,524
+6.9
3,523 ! + 3 . 3
1,983 I +11.1
Tea
Imports
thous. of lbs.
Stocks, United Kingdom, end of
month
thous. of lbs.
Price, Formosa, fine New York..dolls, per lb.
10,547 I
9,057
215,380
245,505
.329 ! .325
6,087 |
7,577
254,957 ! 252,704
.325 !
.325 !
242,771
.325
8,160 ;
5,585
211, 833 i 188, 551
.345 i
.345
TOBACCO
Consumption (tax-paid withdrawals):
Large cigars
thousands.
654,165 I 393,007 413,532 ! 453,605 j 497,904 I 441,696
Small cigarettes._ _
thousands. ,093,752 16,870,462 ,369,087 17,531,914 18, 470,466 i 16,609,166
33,002 |
32,310
33, 582 i 31,873
Manufac. tobacco and snufiL.thous. of lbs.
31,553 | 26,685
Exports:
Unmanufactured leaf
thous. of lbs.
54,729 | 47,885 I 42,958 i 41,624 j 46,938 ! 47, 215
864,541
611, 221
548,984 ! 364.467 i 962,574 ! 836,921
Cigarettes
thousands.
8,325
135,470 j
61,235 I
117, 721
161,702 | 116,822
Sales of loose-leaf, warehouse
thous. of lbs.
Price, leaf, average warehouse sales,
9.812
10. 536
Kentucky..
dolls, per 100 lbs_
20.220
23.227 j 19.294 ! 12.467
Stocks, end of quarter:
Chewing, smoking, snuff, and
.1,519,935 !
_..!
1,504,448 <:__
export
thous. of lbs.
!
.: 300,543 '
383,943 ;j
Cigar tobacco
thous. of lbs.
Total, including imported
thous. of lbs.
-<1,922,743 i
'
1,999,671 !;
42, 574
747, 967
61,319
+9.8 I - 5 . 8
+12.5 + 5 . 5
+3.9 | -5.0
+12.8 ! +10.3
+3.3 | +15.6
-86.4 -86.4
10. 526
- 3 5 . 4 I +18. 4
i 528,698
8,026,096
35,347
4
1,570,595
421,699
2,081,695
19,830 I
21,824 ! +10. 1
- 3 . 9 I +28.8
0
j -5.8 I
-1.0
+27.7
+4.0
-9.0
-3.9
-8. 7
-4.1
! 1,436,472 1,365,041 :! - 5 . 0
I 21, 904, 618 24,371,467 ! + 1 1 . 3
I. 100,225 I
98,894 >\ - 1 . 3
156, 275
!
j 2,120, 214
309, 046
!
131,520 ! -lrr.
2,664,036 '•; +25.
205,030 .; - 3 3 .
TRANSPORTATION
River and Canal Cargo Traffic
Panama Canal:
2,660
2,372
Total cargo traffic.
thous. of long tons.
2,489
2,574
In American vessels
thous. of long tons.
1,019
1,121
1,113
1,099
872
In British vessels
thous. of long tons.
698
763
743
SaultSte. Marie canals
thous. of short tons.
None.
None.
6,898
1,169
New York State canals thous. of short tons.
None.
None.
327
None.
Cape Cod Canal
short tons.
73,097
101, 206
98,426
2,439
Suez Canal
thous. of metric tons.
2,647
2,546
2, 504
None.
Welland Canal
..short tons.
None.
853, 845
53, 883
None.
None.
St. Lawrence Canal...
short tons.
908,199
53, 793
105, 521 4 125, 328
Mississippi River, Govt. barges
short tons.
114, 541
114, 063
Ohio River, Pittsburgh, Pa., to
Wheeling, W. Va
short tons.
823,910 ! 685, 546 j 517, 488 656,435
Allegheny River
short tons.
80, 245
338,975 I 176,540 I 81,585
Monongahela River
short tons. 2,020,004 11,965,934 ! 2, 327, 246 2, 056, 247
4
2 Cumulative through Feb. 29.
Revised.
2,429
None.
None.
None.
None.
105, 000
2,534
2,230
1,350
1,149
641
539 |
None. ! None.
None.
None. !
41,945 ! 52,081
2,724
2,209
None.
None.
None.
None.
85,482
104,301
+.7
7,006
2 2, 365
2 1,017
7,461 ! + 6 . 5
2 2,140 ] | - 9 . 5
2 1,570 II +54.4
2 4, 514
2 5,0
"279,193"
+12.7
315849:|+l30
624,697 I 765,632
21, 246,193 21,173, 923 j - 5 . 8
85,605 I 108,433
2 174,847 2 161,830
-7.4
2
2,117, 558 12, 529, 828
4, 305,437 2 4,383,493 'I + 8 . 1
See table on p. 23 of the April, 1928, issue for earlier data.
41
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives shown are through
March, except where otherwise rioted.
Earlier data for items shown here may
be found on pages 24 to 138 of the
February, 1928, " Survey "
PER CENT INCREASE ( + ) OR
DECREASE (—)
November
December
January
Clearances, vessels in foreign trade:
Total
thous. of net tons..
American
thous. ofnettons..
Foreign
thous. ofnettons__
Shipbuilding
6,957
3,261
3,697
5,296
2,057
3,239
5,163
1,865
3,298
5,035
1,877
3,158
5,581
1,895
3,686
4,746
1,735
3,011
5,147
1,882
3,265
Completed during month:
Total
gross tons..
Steel seagoing..
..gross tons..
Building or under contract, end of month:
Merchant vessels
thous. of gross tons..
26, 657
22,554
35, 867
30, 742
9,294
2,888
20, 787
15, 218
12,990
5,907
19,374
15, 532
41,869
194
204
214
207
cars..
cars..
cars..
352,168
158, 304
148,860
464, 005
224, 247
183, 638
403, 792
182, 001
169, 463
344, 502
125, 627
171, 481
275,153
141, 589
83, 252
248, 477
131,844
68,417
cars..
cars.cars.-
None.
None.
None.
25
None.
None.
None.
372, 916
155, 554
168,172
None.
None.
None.
None.
None.
None.
None.
85
February
March
February
March
CUMULATIYE TOTAL
FROM JANUARY 1
THROUGH MARCH
Perct
increase
( }
t
or decrease
(-)
cumulative
1928
from
1927
Mar.,
1928,
from
Feb.,
1928
1927
1928
+10.8 +8.4
+1.0
+.7
+16.7 +12.9
15,046
5,435
9,611
15, 779
5,637
10,142
+4.9
+3.7
+5.5
-69.0
-78.0
87,639
43, 587
43,071
24,013
-36.3
—44.9
TRANSPORTATION—Continued
Ocean Traffic
26, 847
288
-37.5
-61.2
Freight Cars
Surplus (daily av. last week of month):
Total
Box
Coal
Shortage (daily av. last week of month):
Total
Box...
Coal
Car loadings:
Total
Grain and grain products
Livestock
Goal and coke
Forest products
Ore
Merchandise and 1. c. 1
Miscellaneous
cars. .3,822, 620
cars.. 182,059
cars.. 134,
cars.. 713,254
cars.. 244,210
cars76,267
cars.. 1,015, 551
cars.. 1,456,681
Railroad Operations
Operating revenue:
Freight
Passenger
Total operating
Operating expenses
Net operating income
Freight carried
thous. of dolls.. 385, 760
..thous. of dolls..
70, 885
thous. of dolls.. 503,820
thous. of dolls.- 376,876
thous. of dolls. _ 86,424
mills, ton-miles..
37, 228
4
3
4,172,605 3, 447, 723 3, 589, 694 4, 752,031
187,197 187, 045 237, 266
219,482
127, 658 130, 005 143, 383
144, 519
752, 752 726, 259 869,335
869, 877
233, 368 270, 914 343, 780
| 259,598
31, 394
31, 737
40, 682
42,859
927,299 974, 382 1, 299, 322
1,177,774
11,460,673 1,187, 712 1, 269, 695 1, 816, 086
+38.6
-4.7
+2.0 +150. 6
-7.6
-19.2
125
None.
466
3,801,918 :4, 982,547
173, 630 195,305
110, 747 136, 276
902,257 41,082.226
275, 585 4 352,611
42, 753 4 54, 599
990, 574 41,315,174
1, 306, 372 -1,846,356
+32.4
+26.8
+10.3
+19.7
+27.0
+36.5
+33.3
+43.0
-4.6
+21.5
+5.2
-19.7
-2.5
-21.5
-1.2
-1.6
12,541,125 |11, 789,448
547, 923
611, 508
376, 344
401, 046
2, 924,160 2, 348, 346
885, 570
848, 062
135,197
105, 990
3, 371, 233 3, 201, 003
4,
273,
493
4, 400, 698
-6.0
+ 11.6
+6.6
-19.7
-4.2
-21.6
-5.0
-2.9
I
334, 742
81, 990
467, 598
377, 800
55, 334
34, 580
337, 382
78,483
457, 426
363, 384
56, 634
36, 271
346,024
69, 551
456, 593
70,064
35, 701
< 354, 077 406, 399
< 74, 259 76, 630
4 469, 565 531, 056
* 361, 844 395,423
< 69, 516 94, 948
< 37, 259 41,816
2 712,181 i
2 162, 230 |
2 957,152 |
2 749,834 I
2 130,931 !
2 76, 492 i
2 683, 406
2 148, 034
2 914, 019
2 711,882
2 126, 698
2 71, 972
-4.0
-8.7
-4.5
-5.1
-3.2
-5.9
Railway Equipment
Locomotives (Am. Ry. Assn.):
Owned, end of month—
60, 598
60,471
62, 334
60,679
Quantity
number..
60, 784
61, 088
2,597
2,596
2,596
2,611
Tractive power.
mills, of lbs..
2,602
2,595
In bad order end of month
8,857
8,287
9,548
8,733
Quantity
number..
8,961
8,257
13.7
15.4
14.5
14.7
14.8
13.6
Per cent of total in use
per cent..
141
140
160
135
154
149
Installed
number..
222
267
214
378
259
366
Retired
_
number. _
15
85
2
30
New orders
number..
17
149
Shipments, manufacturer's (census)—
59
70
52
72
47
Total
number..
43
44
31
41
22
Steam, domestic
number..
11
15
13
23
7
Electric, domestic
number. _
Unfilled orders (railroads), end of mo.—
148
117
232
151
From manufacturers
number..'
51
22
23
20
44
In railroad shops
number __
18
Unfilled orders, manufacturer's (census)—
178
222
204
232
403
Total
number145
123
161
146
314
Steam (domestic)
number..
74
178
37
29
42
39
38
40
Electric (domestic)
number25
26
Exports, steam
number..
13
5
Freight cars (Am. Ry. Assn.):
Owned, end of m o n t h Quantity
cars.. 2, 322,179 2,313,375 2, 309, 577 > 2,306,816 2,303,859 2, 335, 000 2,
210,843
211,485
Capacity
mills, of lbs.. 211, 985 210, 923 210, 649 < 210,471
In bad order, end of m o n t h 138,292
139, 698
Quantity
.cars.
137, 795 130,493 136,115 138, 870
6.2
6.1
6.2
6.1
5.8
6.0
Per cent of total in use..
per cent..
4,029
14,114
2,098
5,876
4,185
New orders
cars.
14
Shipments3,332
Total
cars..
2,545
444
3,023
3,780
774
3,281
3,009
2, 536
Domestic
cars.
3,754
576
444
Unfilled orders (railroads)—
9,721
19, 748
22, 233
28,426
12,431
18,464
Total
cars.
17, 603
18, 255
From manufacturers
cars.
6,424
9,341
15,459
20, 648
2,145
10,171
3,090
3,005
1,585
In railroad shops
cars..
3,297
Passenger cars:
82 j
45
12
150
615
246
New orders
cars.
Shipments—
80
174
74
56
166
Total
cars.
78
72
50
Domestic
_
cars.
164
174 i
55
2
Cumulative through Feb. 29.
62, 275
2, 613
o
0*
9,334
15.1
142
201
70
-6.4
-6.8
-.7
+20.3
-50.0
137
84
11
+18.6
+2.3
+36.4
210
34
392
301
55
47
332, 569
211,483
130,470
5.7
5,253
4,449
4,445
-2.9
-.7
-11.2
-9.3
-1.4
+32.8
447
625
180
435
748
47
-2.7
+ 19.7
-73.9
-48.9
-47.6
+36.4
274
169
186
109
49
-32.1
-35.5
+69.0
97
45
-53.6
-78.6
-44.3
-41.2
- 2 . 7 -54.6
-15.8 -59.1
- 7 . 5 -32.7
+333. 3 -44.7
-20.9
-13.0
-.1 |
-1.2
+.2
+.2 |
+7.1
+.6 | +8.8
-23.3
-31.4 !
+650.1 -25.1
+638. 9 -26.2
. . .
26, 634
10, 681
10, 614
"l2,"003 I! - 5 4 . 9
4, 550
4,301
-57.4
-59.5
-3.9
+14.9
+13.1
26, 717
17, 395
9,322
+12.6
+17.3
-26.1
-16.8
+18.7
-83.0
212
-45.1
-78.8
772
742
+8.1
-30.6
-7.0
-29.6
202
168
232
190
71
4 Revised.
42
TREND OF BUSINESS MOVEMENTS—Continued
PER CENT INCREASE ( + ) OR
DECREASE (—)
The cumulatives shown are through
March, except where otherwise noted.
Earlier data for items shown here may
be found on pages 24 to 138 of the
February, 1928, " Survey "
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MARCH
31
Perct.
increase
(
v
or
de| crease
cumu
i lative
i 1928
from
1927
TRANSPORTATION-Continued
Passenger Travel
National parks:
Visitors
number.
Automobiles entered
number.
Arrivals from abroad:
Immigrants
_
number.
United States citizens
number.
Departures abroad:
Emigrants
..number.
United States citizens
number.
Passports issued
number.
Pullman company operations:
Revenue
..thous. of dolls.
Passengers carried
thousands.
Hotel room occupancyf
per cent.
3, 949
29,732
9,381
4, 244
27,041
17,556
PUBLIC UTILITIES
Telephone companies:
Operating revenue
thous. of dolls.
Operating income
thous. of dolls.
Telegraph companies:
Commercial telegraph tolls.thous. of dolls.
Operating revenue
thous. of dolls.
Operating income
thous. of dolls.
Gas and electric companies:
Gross earnings
thous. of dolls.
Net earnings
-.thous. of dolls.
Electric railways (212 companies):
Passengers carried.
.thous. of persons.
Average f a r e . . . .
cents.
Electric power production:
Total
mills, of kw. hours.
By water power
mills, of kw. hours.
By fuels
mills, of kw. hours.
Electric power production (Canada):*
Total
mills, of kw. hours..
By water power
mills, of kw. hours..
Exported
mills, of kw. hours..
Electric power, gross
revenue sales.
thous. of dolls..
2
2
2
2
369, 314
141,285 I
19,741 I
+.6
24, 668 I +1.0
2, 265 ! -15.3
2
2
2
387,160 i: +4.8
157,589 j: +11.5
2, 421, 757 2, 404, 87
2
12,996 | U4,119
4, 703 I 22 5, 304
8, 293
8, 817
2
2
2
2
EMPLOYMENT AND WAGES
Employment in factories:
New York State
thousands..
Detroit
thousands. _j
New Jersey
rel. to 1923_
Pennsylvania
rel. to 1923..!
Delaware
rel, to 1923..!
Wisconsin _ . .
rel. to 1915 J
Illinois
rel. to 1922.J
Massachusetts...
rel. to 1914..!
Total pay roll:
|
New York State (weekly)..thous. of dolls..;
Wisconsin
rel. to 1915..!
New Jersey
rel. to 1923..!
Pennsylvania
rel. to 1923._j
Delaware
1.
rel. to 1923..
Ohio construction
|
employment
rel. to 1923..;
Anthracite mines:
i
Employment...
rel. to 1923-25..i
Payroll
rel. to 1923-25..
Federal civilian employees, Washington, D. C , end of month.
number..
Average weekly earnings, factories:
Illinois
dolls..
New York State
dolls..
Wisconsin
dolls..
Massachusetts
rel. to 1914..
New Jersey
rel. to 1923..
Pennsylvania
rel. to 1923..
Delaware.
rel. to 1923..
Average weekly earnings (National Industrial
Conference Board)'.
Grand total (both sexes)
dollars..
Total male
_
dollars..
Skilled male
dollars..
Unskilled male
dollars..
Total women
dollars.
Average weekly hours:
Nominal (both sexes)
hours.
Actual (both sexes)
hours.
2
Cumulative through Feb. 29.
4
Revised.
2
2
19, 623
24,430
2, 674
2
27.34 |
30.32
31.70
25.25
17.39
:
i
!
27.68
30.17
31.61
24.93
17.38
*jSee table on p. 22 of the April, 1928, issue for earlier data.
t.See table on p. 18 of the April, 1928, issue for earlier data.
+8.6
+12. 8
+6. 3
2, 592 N +18.0
2,2 554 11 +18.0
247 !! - 2 . 4
43
TREND OF BUSINESS MOVEMENTS—Continued
1927
The cumulatives shown are through
March, except where otherwise noted.
Earlier data for items shown here may
be found on pages 24 to 138 of the
February, 1928, " Survey **
November
PER CENT INCREASE ( + ) OR
DECREASE (—)
1937
1933
December
January
February
55
46
24
24
32
42
37
46
54
39
50
53
48
24
25
26
39
37
41
50
37
50
52
47
22
26
28
41
39
43
54
38
50
51
48
23
28
28
41
37
42
52
38
50
50
50
39
24
32
44
37
41
53
41
50
51
51
32
24
26
39
37
42
52
39
50
February
March
March
Mar.,
1928,
from
Feb.,
1928
Mar.,
1928,
from
Mar.,
1927
Per ct'
increase
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MARCH
31
(+)
or decrease
(-)
1927
cumulative
1928
from
1927
1928
EMPLOYMENT AND WAGES—Contd.
Wages, road labor, by geographic
divisions:
j
New England.
cents per hour..'
Middle Atlantic
cents per hour..|
South Atlantic
..cents per hour..i
East South Central
cents per hour..!
West South Central
cents per hour.J
East North Central
..cents per hour..
West North Central
..cents per hour__j
Mountain
cents per hour..;
Pacific
cents per hour..!
United States, average
cents per hour..!
Wage rates, U. S. Steel Corp...cents per hour.J
Wages, steel workers, Youngstown
!
district
.percent of base.. |
Applicants per 100 jobs, employment agencies: i
United States
number..!
Eastern States
._
number..
Central States
number..!
Southern States
number. J
Western States
number..|
0
0
-5.1
-2.3
-3.7
0
0
0
-5.9
-28.1
+16.7
+7.7
+5.1
0
0
0
-2.6 I.
0
125.5
125.5
125. 5
133.0
128.5
145
155
165
145
170
192
203
188
87
175
208
189
222
75
154
171
166
264
65
158
162
191
155
72
137
146
165
125
67
30.5
18.2
8.2
4.1
34.1
26.5
14.9
7.7
3.9
24.8
28.4
16.5
7.9
4.0
37.4
26.5
13.6
8.6
4.3
30.5
30.6
18.6
7.0
5.0
34.3
38.8
22.1
10.6
6.1
37.3
45.9
33.1
6.2
6.6
45.2
+15.5
+36.8
-18.6
+16.3
+12.5
-33.3
-43.8
+12.9
-24.2
-24.1
51, 229
29,847
21,382
59,494
34,486
25,008
37,465
24,240
13,225
38, 392
23, 842
14, 550
41,787 i
23,986 |
17,801 i
35,150 | 41,147
20,966 | 23, 254
14,184 | 17, 893
+1.6
+3.1
44,254
2,415
23, 731
1, 588
12,011
427
3,236
219
5,272
181
1,090
91
1,140
55
4,366
145
84,977
2,427
43,897
1,588
23,044
435
6,857
221
11,182
183
2,349
91
2,267
55
8,205
151
31,901
2,431
17,114
1,591
8, 658
436
2,369
221
3,760
183
692
91
800
62
2,624
154
35, 363
2,446
19,001
1, 603
9,320
439
2,867
221
4,175
183
752
91
901
63
2,843
158
40,447
2,467
21,839
1,619
10,855
443
3,123
222
4, 630
183
912
93
1,128
64
3,707
161
31,986
2,244
17,379
1,494
8,309
376
2,763
201
3,535
172
693
82
711
48
2,248
109
+8.8
+.6
+22.3
+14.4
+.9
+14.9
+1.0
+16.5
+.9
+8.9
+.5
+10.9
0
+21.3
+2.2
+25.2
+1.6
+30.4
+1.9
4,699
367
12, 804
2,275
1,185
5,082
370
13,735
2,490
1,262
4,808
369
13,019
2,346
1,235
4,511
368
12,258
2,187
1,164
4, 785
368
13,003
2,286
1,238
4,591
361
12, 717
2,319
1,118
5,049
362
13, 948
2,522
1,243
1,239
1,330
1,227
1,160
1,261
1,154
1,284
513
19
1,312
19
17,054
890
6,534
3,148
2,076
298
865
115
1,065
19
1,505
19
21,796
891
9,475
3,151
3,233
299
2,064
113
312
22
907
19
7,722
913
5,562
3,151
1,826
300
598
113
388
23
1,096
19
8,906
914
5,926
3,113
1,902
298
673
113
480
23
1,234
20
13,134
930
6,578
3,118
2,153
296
788
111
311
22
1,152
17
7,491
807
5,715
3,096
2,362
294
608
92
22
1,168
17
9,968
826
6,500
3,102
2,542
294
693
92
6.7
3.9
8.6
8.2
8.0
5.4
2,289
108,671
1,811
106,430
2,176
95,545
2,517
89, 023
2,926
105, 595
32,799
40,823
30,579
30, 547
34,280
3,331
thous. of dolls..
«Revised.
4,448
3,438
3,482
(annual
(annual
(annual
(annual
(annual
0
j
-2.3
128.5
137
146
160
132
71
Factory Labor Turnover
cent
cent
cent
cent
cent
-1.9
+2.1
+4.5
+7.7
128.5
1
-12.0 +12.4
-17.8 +17.1
+.6
-12.2
+18.9 +111.2
-13.3
-3.0
1
1
1
j
(Percentage of number on pay roll)
Departures:
Total
per
Voluntary quits—per
Lay offs
per
Discharges...
per
Accessions
per
48
46
26
25
30
40
37
47
53
40
50
|
j
basis)._s
basis)._|
basis)-.!
basis)..'
basis)..;
DISTRIBUTION MOVEMENT
j
Retail Sales
!
Mail-order houses:
Total sales, 2 houses
..thous. of dolls..
Sears, Roebuck & Co
.thous. of dolls..
Montgomery Ward & Co.-thous. of dolls..
Ten-cent chain stores:
Total sales (4 chains)
thous. of dolls..
Total stores operated (4 chains)..number..
F. W. Woolworth & Co
thous. of dolls..
Stores operated
number..
S. S. Kresge Co
thous. of dolls..
Stores operated
number._
McCrory Stores Corp
thous. of dolls..
Stores operated
number..
S. H. Kress & Co
thous. of dolls..
Stores operated
number..
Metropolitan
thous. of dolls..
Stores operated
number..
F. & W. Grand
thous. of dolls..
Stores operated
number. _
W. T. Grant Co
..thous. of dolls..
Stores operated
number. Restaurant chains:
Total sales (3 chains)
thous. of dolls..
Stores operated.__
number..
Average per store
dollars..
Childs Co., sales
thous. of dolls..
J. R.Thompson Co.,sales..thous. of dolls..
Waldorf System (Inc.),
sales
thous. of dolls..
Other chain stores:
Isaac Silver & Bros
thous. of dolls..
Stores operated
number..
Hartman Corporation
thous. of dolls..
Stores operated.
number..
J. C. Penny Co
thous. of dolls..
Stores operated
number. _
United Cigar Stores Co
thous. of dolls..
Stores operated
number..
A. Schulte (Inc.)
thous. of dolls..
Stores operated__
number..
G. C. Murphy Co
thous. of dolls..
Stores operated
number. .
Installment sales in New England department
stores:
Ratio to total sales
per cent..
[
|
!
;
!
* 35, 578
2,261
I ^ 19, 601
I 1,505
i 9,183
i
382
i « 2, 864
!
202
3,930
172
801
82
* 878
50
2,789
111
+6.1
0
+6.1
+4.5
+6.4
+8.7
+23.7
0
+12.6
+5.3
+47.5
+1.8
+11.0
+.2
+13.2
-.7
+17.1
-1.8
-.5
+13.7
+9.1
+11.4
+7.6
+18.2
+16. 0
+9.0
+9.9
+17.8
+6.4
+13.9
+13.4
+28.5
+28.0
+32.9
+45.0
-5.2
+1.7
-6.8
-9.4
-.4
-1.8
+23.7
+4.5
+5.7
+17.6
+31.8
+12.6
+1.2
+.5
+.7
111, 534
66,300
45, 234
117, 644
72,068
45, 576
97,215
107,711
+5.5
+8.7
+.8
+10.8
53,097
57, 954
+9.1
"25," 448*
"28," 833"
7,913
8,359
+1373
+5. 6
"16,757
12,565
+16." 8
2,149
2,356
+9.6
~2,246
2^829
+26." 0
~7~ 242
"9," 174*
+26." 7
14, 669
14,104
-3.9
7,378
3,586
6,819
3,637
-7.6
+1.4
3,705
3,648
-1.5
1,180
+20.4
3,162
3,237
"23," 790
"29," 762
17,938
" 18," 066"
+2.4
+25." 1
+.7
-15.3
"7," 108
+13.7
+20.7
""I," 852"
2~059
+7.6
« 9,192
296, 582
5 9,430
290,163
94,283
95,406
+1.2
10,173
10, 590
+4.1
-17.1
+11. 2
Advertising
Magazine advertising for the following
month
thous. of lines..
Newspaper advertising
thous. oflines..
2,441
2,720 +16.2
90,886 i * 108,086 +18.6
-2.3
+2.6
-2.2
Postal Business
Postal receipts, 50 selected
cities
Postal receipts, 50 industrial
cities
thous. of dolls..
29,299
34, 590
+12.2
3,284
3,572
3,670
+5.4
5 Cumulative through Apr. 30.
+2.7
44
TREND OF BUSINESS MOVEMENTS—Continued
jPerct.
CUMULATIVE TOTAL ! inPER CENT INFROM JANUARY 1 I crease
CREASE ( + ) OR
DECREASE " ( - ) j
TROUGH MARCH
1927
The cumulatives shown are through
March, except where otherwise noted.
Earlier data for items shown here may
be found on pages 24 to 138 of the
February, 2928, " Survey "
November
! or decrease
-I -
1927
1928
. (-)
! cumulative
-2.8 |
-5.9 |
33, 567
256, 725
+3.1
+.9
10, 111
102,635
33,469
249,855
10,519
103,923
I
11
!|
l|
Mar., Mar.,
1928,
1928,
from j from
Feb., ; Mar.,
1928
1927
December
1928
from
1927
DISTRIBUTION M O V E M E N T - C o n t d .
Retail Sales—Continued
j
Money orders:
I
Domestic paid (50 cities)—
i
Quantity
number.. i
Value
thous. of dolls—|
Domestic issued (50 cities)—
\
Quantity
number__|
Value
thous. of dolls.-;
BANKING AND FINANCE
Life Insurance
11,954
97,863
13,516
102,259
3,381
34,860
3,759
37,452
+16.1
+17.6
+12.7
+11.0
-0.3
-2.7
+4.0
+1.3
I
]
(Association of Life Insurance
Presidents)
Policies, new (45 companies):
256, 546
Ordinary
number of policies.. 203, 629
Industrial
number of policies.. 940, 847 783, 539
491
Group
number of contracts _.
208
Total
number of policies and contracts__ 1,144,684 1, 040, 576
Policies and certificates issued:
Total policies and certificates
n u m b e r . . 1,172,404 1,164,208 1, HI, 705
Group insurance certificates...certificates..
27,928
124,123
26, 408
Amount of new insurance (45 companies):
Ordinary
thous. of dolls.. 582,000 725, 847 575,127
Industrial
thous. of dolls.. 252, 738 211, 076 236, 303
Group
thous. of dolls..
76,960
46, 841
165, 025
Total insurance
thous. of dolls..! 911. 698 1.101,948 858,271
Premium collections (45 companies):
|
Ordinary
thous. of dolls..! 145,581 168,114 148,947
Industrial..
thous. of dolls..! 48,273
89,928
54,564
Group
thous. of dolls..
4, 862
6,448
7,618
Total
thous. of dolls..! 198,716 264,488 211,129
Admitted life insurance assets (41 companies): I
Grand total
mills, of dolls..! 11,484
11, 597 < 11,704
Mortgage loans—
j
Total
mills, of dolls..'
5,019
5,062
5,103
Farm.
_
mills, of dolls..
1, 620
1,618
1,615
All other
..mills, of dolls..
3,399
3,444
3,488
Bonds and stocks (book value):
Total
mills, of dolls__
4,323
4,374
4,417
Government
mills, of dolls...
940
934
938
Railroad..
mills, of dolls..
2, 287
2, 299
2,311
Public-utility
mills, of dolls..
942
1,004
974
All other
__mills. of dolls._j
154
164
167
Policy loans and premium
I
notes
_
..mills, of dolls..!
1,358
1,369
< 1,383
+24.9 +8. 0
+24.0 [ +17.9
+15.4 +13.5
+24.2 +15. 8
i +21.4
-33.5
+21.5
+23.3
-36.6
+16.4
+9.5
+5.9
-63.3
+2.9
638,438
660,
2,336, 971 2, 798,
546
2,975,955 3, 459,
3,124, 631
149, 222
+12.5
-44.8
+3.5
+19.7
-8.1
+16.3
+14.4
-22.3
570
486
502
558
3, 575, 052
115, 996
+6.8 1,943,355 2,016,991 !| +3.8
731,802 !; +15.4
+13.2 !l 634,210
196,332 li -19.4
-43.7 11 243,621
+3.4 ! 2,821,186 2,945,125 i | +4.4
430, 532
472,200 !| +9.7
| +6.2
134,740
153,770 i| +14.1
i +12.0
17, 642
31,706 ! +79.7
I +12.0
582, 914
657,676 j! +12.8
| +7.6
11, 796
5,129
1,613
3,516
4,637
1,599
3,038
4,686
1,604
3,082
4,454
939
2,329
1,017
169
4,002
918
2,173
775
136 |
4,033
921
2,183
792
137
1,396
1, 252
(Life Insurance Sales Research Bureau)
Sales of ordinary life insurance (81 companies):
United States total
thous. of dolls.
Eastern manuf. dist
thous. of dolls.
Western manuf. dist
thous. of dolls.
Western agric. district..thous. of dolls.
Southern district
thous. of dolls.
Far western district
thous. of dolls.
Canada total, 15 companies-thous. of dolls.
662, 688
254, 111
150,447
106, 310
84,189
67, 631
44,935
833,944
316,931
188, 770
131,530
113,184
83, 529
48, 899
609,
261,
130,
90,
68,
57,
47,
228
893
338
662
847
483
569
731,145
318, 664
160,185
104, 811
81, 213
66,272 |
40,290 j
832, 250
343, 463
185, 240
127, 286
96, 766
79,495
44, 823
673, 855
293, 294
145, 932
95, 686
77,258
61, 685
35, 525
356, 736
183, 761
121, 369
92, 094
83, 035
42, 883
+13.8 |
+7.8
+15.6 !
+21.4 |
+19.2 |
+20.0 i
+11.3 |
-3.7
+.8
+4.9
+5.1
-4.3
+4.5
2,112,835
907, 764
463, 605
303,222
235,464
202,780
115,394
!, 172, 623 +2.8
924, 020
+1.8
475,763
+2.6
322, 759
+6.4
246, 826
+4.8
203, 250
+.2
132, 682 +15.0
93,189
68,266
4,148
115,410 i! +23.8
72,609 i! +6.4
5,348 | +28.9
I
Banking
Check payments:
New York City
mills, of dolls.,
Outside New York City
mills, of dolls.,
Canada
mills, of dolls..
Federal reserve banks:
Bills discounted
mills, of dolls.,
Notes in circulation
mills. of dolls.,
Total investments
mills, of dolls.
Total reserve
_.mills, of dolls,
Total deposits
mills of dolls,
per cent.
Reserve ratio
Federal reserve members banks:
Total loans and discounts...mills. of dolls.
Total investments
mills. of dolls,
Net demand deposits..
mills. of dolls.
Brokers' loans, end of month:
To New York Stock
Exchange members
mills. of dolls.,
By New York F . R. member
banks
mills, of dolls..
Interest rates:
per cent,
New York call loans
per cent,
Commercial paper 4-6 mos.
per cent,
N. Y. Fed. Res. Bank
per cent.
Federal land banks
per cent.
Intermediate credit banks..
33, 282
23,809
2,159
38,938
26. 509
2,311
37, 884
25,007
1,871
477
1,717
903
2,940
2,413
71.2
609
1,813
990
2,862
2,473
66.8
423
1,577
812
2,971
2,452
73.7
15,214
6,329
13,954
15,433
6,386
13,786
15,265
6,575
13, 888
4,092
4,433
4,420
4,323
3,511
3,718
3,816
3,722 !
3.75
3.92
3.50
5.17
4.50
4.44
3.97
3.50
5.15
4.50
4.35
3.88
3.50
5.15
4.50
4.20 |
4.03 |
4.00 I
* 5. 06 !
4.58
+36.8 ! +29.8
+18. 8 | +7. 6
+ 8 . 8 j +25.6
44, 786
25,847
1,812
27,439
20, 781
1,251
34,492
24, 028
* 1,443
524
1,567
733
2,931
2,404
73.8
435
1,717
602
3,144
2,290
78.5
456
1,711
593
3,183
2, 328
78.8
15,143 ! 15, 442
6,558 I 6,627
13, 523
13, 716
14,297
5,662
12,904
14,359
5,914
13, 006
+2.0 j +7.5
+1.1 | +12.1
-1.4 I +4.0
4,640
3,256
3,290
3,825
2, 813 |
2,803
+7.3 j +41.0
+2.8 I +36.5
4.44
4.19
4.00
5.06
4.60
4.13
3.87
4.00
5.21
4.50
4.10
*4.00
4.00
5.19
4.50
+5.7 i
+4.0 !
0 i
0 !
+.4 !
32, 740
* 21. 755
1,665
493
1,588
752 |
2,974 !
2,426 i
74.1 |
+6.3
-1.3
-2.5
-1.4
-.9
-.4
' +14.9 ,
! -8.4 I
! +23.6 '
I -7.9
j +3.3
I -6.3
j
i
+8.3
+4.8
0
-2.5
+2.2
Savings Deposits
New York State savings
banks, end of month
4
Revised.
i
mills, of dolls.
* 4,097 I * 4,166
* 4,191
*4,202
4,250
4
3,905 i
*3,975 jl + 1 . 1 j +6. S
45
TREND OF BUSINESS MOVEMENTS—Continued
PER CENT INCREASE ( + ) OR
DECREASE (—)
The cumulatives shown are through
March, except where otherwise noted.
Earlier data for items shown here may
be found on pages 24 to 138 of the
February, 1928, " Survey "
No vein- ! December
|
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MARCH
31
ber
BANKING AND FINANCE—Continued
Public Finance
Government debt, gross, end mo-mills,
Customs receipts
thous.
Total ordinary receipts
thous.
Expenditures chargeable to
ordinary receipts
thous.
Money in circulation, end mo...mills,
18,174
47, 660
149, 683
of dolls..
of dolls..
of dolls..
18,036
43,113
652, 708
18,050
17,951 I 17,937
41,975
42,130 j 48,277
168,840 ; 228,118 641,626
349,142
4,677
of dolls..
of dolls..!
19,153 ! 19,008 .I -0.1
43, 379
52,753 li +14.
165, 735 659,116 I +181. 3
140,827
132,382
994,434 ; 1,038,584
173,283 i 248,258
4,690 | 4,750
Business Failures
Liabilities (United States):
Total commercial
thous.
Manufacturing
establishments
thous, of dolls
Trade establishments, .thous. of dolls
Agents and brokers
thous, of dolls
Banks (quarterly)
thous. of dolls
Liabilities (Canada)
thous. of dolls
Firms (United States):
Total commercial
Manufacturing
establishments
Trade establishments.
Agents and brokers.
Banks (quarterly)
Firms (Canada)
Dividend and Interest Payments
12,786 !
16,949 !
, 412
+60.1
+4.9
+11.5
+17.3
29,024
16,733
5,305
3 31. 362
8,186 |
14,090
I
6, 643
7,055
(For the following month)
421,470 | 4 545, 300
251,620 ! 355,900
Grand total
thous. of dolls
Interest payments
thous. of dolls
Dividend payments:
Total
thous. of dolls
Industrial and misc
thous. of dolls
Steam railroads
thous. of dolls
Street railways
thous. of dolls
Aver, payments on industrial
stocks (qtly.)
dolls, per share.
New Security Issues
Foreign loans in the U. S.*
thous. of dolls
Foreign governments..
thous. of dolls
Total corporation
thous. of dolls
Purpose of issueNew capital
thous.
Refunding
thous.
Kinds of issueStocks
thous.
Bonds and notes
thous.
Class of industryRailroads
thous. of dolls
Public utilities
..thous. of dolls
Industrials
-thous. of dolls
Oil
thous. of dolls
Land and buildings
thous.
Shipping and misc
thous.
Bond issues (Canada):
Govt. and provincial
thous. of dolls
Municipal._
thous. of dolls
Corporation
thous. of dolls
Tax-exempt securities:
Total outstanding, end of
month.
mills.
States and municipalities:
Permanent loans
thous. of dolls,
Temporary loans
thous. of dolls,
New incorporations
thous. of dolls.
Agricultural Finances
159,
119,
24,
15,
500
700
050
750
289, 600
179,800
33,800
21,000
170,150
129, 050
34, 600
,500
165,067
35,800
617, 554
106,496
67, 547
852, 064
131,129
117,351
612, 696
118,437
85, 750
741,950
51,951,970
51,163,470
169,850
130,100
33,850
5,900
+11.2
+15.
87,305
74, 670
785, 649
107,375 I - 9 . 7
84,140 j! - 2 6 . 9
494,373 II + 2 1 . 1
5
778,
5 558,
5 123,
5 44,
-18.0
+73.8
-7.4 |
+10.3
+1.9
+50.1
500
675
950
375
377,388
211,193
1, 890,057
52,073,330
l,267,400
5
5 805,930
s 572,650
6 129,880
5 48,400
409,391
282, 909
1,928, 219
-3.0
+79.4 +254.3
16,796
252, 482
180,038
8,200
42, 730
117,309
73, 686
517, 412
54,
42,000
58, 225
105, 803
78, 222
210,155
118, 902
2,200
78, 741
74, 331
74, 216
262,825
,570
20, 675
48,038
112, 672
192, 781
226, 733
131, 262
12,952
73,935
102, 803
131,872
374, 775
150,115
2,700
55, 763
70,424
58,540
10, 532
24, 260
105,067
26, 575
225,803
117,903
44,248
235, 021
Loans outstanding, end mo.:
Federal farm loan banks
thous. of dolls. 1,150,943 1,155,644
Joint-stock land banks
thous. of dolls.
Federal intermediate credit
banks
thous. of dolls.
71,815 |
75,915
War Finance Corporation..thous. of dolls.
1,800 I
1,362
72, 681
121, 867
S42, 925
,716 1+159.8 +114.9
188, 212 -13.7 +20.5
50, 979 +40.3 +157. 5
31, 500 -37.4 -58.
58, 510 +53.9 +26.4
75,081
+36.9
230,934
872,071
307,444
102, 788
188, 654
185, 791
5,176 1+180.7 ! - 1 5 . 4
14,625 11+135. 2 I - 4 8 .
36,251
21, 016
35,119
345, 219
,713
343,734
35,827
200, 714
289, 806
92, 069
67,501 !
307,744 !
78, 383
6,347 i - 1 5 . 4
-83.
Stocks and Bonds
Stock prices, average daily closing:
25 industrials, average
dolls, per share..
25 railroads, average
dolls, per share..
103 stocks, average
dolls, per share..
Southern cotton mill
stocks.
dolls, per share..
8
Quarter ending in month indicated.
+3.5
+2.5
+4.8
+9.1
242. 50
119. 68
144. 26
4
Revised.
& Cumulative through Apr. 30.
* See table on p. 22 of the April, 1928, issue for earlier data.
+49.5
-19.8
+11.8
-65.1
+6.4
+56.0
46
TREND OF BUSINESS MOVEMENTS—Continued
ijPerct.
1927
The cumulatives shown are through
March, except where otherwise noted.
Earlier data for items shown here may
be found on pages 24 to 138 of the
February, 1928, " Survey "
November
1928
CUMULATIVE TOTA!•L I i n FROM JANUARY
THROUGH MARCH
(+)
31
or de-
! PER CENT IN|i CREASE ( + ) OR
|i DECREASE (—)
1927
crease
December
January
February
March
February
(-)
Mar.,
1928,
from
Mar.,
1927
I! Mar.,
|l 1928,
March 11 from
i| Feb.,
i! 1928
1927
1928
cumulative
1928
from
1927
BANKING AND FINANCE—Continued
Stocks and Bonds—Continued
Stock prices, average weekly closing:
189.4
Total stocks (229)
rel. to 1917-21._
194.6
158.6
160.6
Railroads (31)
rel. to 1917-21..
202.1
208.7
Industrials (198)
rel. to 1917-21..
353.5
366.5
Automobile (10)
rel. to 1917-21..
598.4
601.0
Chain stores (11)
rel. to 1917-21..
136.3
150.5
Copper (11)..
rel. to 1917-21..
406.6
432. 1
Food (9)
rel. to 1917-21..
111.5
117.8
Machinery infg. (5)...
_rel. to 1917-21..
107.5
106. 4
Petroleum (17)
rel. to 1917-21..
207.9
218.4
Railroad equipment (10)....rel. to 1917-21..
152.0
159.3
Steel (9)
rel. to 1917-21..
45.1
44.4
Textile (5)
rel. to 1917-21..
174.1
178.7
Theater (3)
rel. to 1917-21..
55.8
62.1
Tire and rubber (7)
rel. to 1917-21..
226.7
225.5
Tobacco (7)
rel. to 1917-21..
274.6
283.9
Traction, gas and power(16) .rel. to 1917-21..
Stock sales:
51,356 I 62,367
N. Y. Stock Exchange
thous. of shares._
Bond sales:
Miscellaneous
thous. of dolls,_ 261,540 i 267, 918
23,916
20,205
Liberty-Treasury
thous. of dolls..
Total
thous. of dolls.. 281,745 | 291, 834
Bond prices:
97.23 I 97.20
Highest-grade rails.p. ct. of par, 4% bond__
87.87 i 88.57
Second-grade rails._p. ct. of par, 4% bond..
79. 14 ! 79.55
Public utility
p. ct. of par, 4% bond..
79.86 i 80.82
Industrial
p. ct. of par, 4% bond..
85.43 | 85.98
Comb, price index. _p. ct. of par, 4% bond..
Bond prices, 1st of following month:
106.02
5 Liberty bonds
p. ct. of par. _ 106.53
16 foreign government and
city
_p. ct. of par.. 105.46 I 105. 60
Comb, price index, 66 bonds..p. ct. of par.. 102.43 I 102.46
j
Bond yields:
4.17
4.19 i
Railroads (15)
per cent..
4.79 I
4.79
Industrials (15)
per cent..
4.76
4.72
Utilities (15)
per cent..
3.93
3.90
Municipal (15)
per cent..
3.93
Municipal bond yield (20)
per cent..
3.87
Long-term real-estate bonds issued:
27,131 I 52,322
Grand total
thous. of dolls..
Purpose of issue12,460 | 24, 270
Finance construction___thous. of dolls_.
5,241 | 11, 207
Real-estate mortgage._.thous. of dolls..
Acquisitions and
5,115
improvements
thous. of dolls. .
Kind of structureOffice and other
9,155 I 16,055
commercial
thous. of dolls..
2,660 ! 3,790
Hotels
thous. of dolls..
2,226 | 7,025
Apartments
thous. of dolls..
195.2
158.2
210.4
369.8
582.3
150.5
430.6
122.3
107.4
231.6
159.1
46.6
178.6
64.7
220.5
294.8
* 191.8
153.7
207. 5
372.9
565.0
148.5
425.8
125.6
101.9
225.3
154. 5
47.5
180.3
58.7
209.2
309.9
202.9
159.0
220.9
453.3
579.7
148.0
433.9
128.2
106.2
227.5
157.6
49.6
188. 8
55. 1
212.4
315.7
4
159.0
143.1
165.6
251.9
425.2
116.7
326.0
96.9
107.7
189.7
128.8
38.6
186.6
53.1
170.2
220.8
44,163 \
56,057
282,405
15,288 !
297,693 j
313, 565
45,471
359, 036
95.90
88.81
80.32
80.95
86.04
91.51 j
83.29
76.32 I
79.32
82.23
92.96
83.72
76.10
79. 65
82.66
105.96
106. 05
103.37 !
103.62
105. 92
102.41
105. 67
102. 58
104. 84
100.27
105. 02
100. 71
< 4.18
4.76 ;
4.68 !
3.89 i
3.87
4.20
4.79
4.65
3.89
3.87
4.21
4.77
4.62
3.89
3.91
4.85 j
4.82
4.04 i
4.08 i
4.37
4.84
4.81
4.00
3.98
56,963 ;
84,988 11
156.9
142.1
163.0
233.4
422.3
115.3
314.8
96.9
112.3
185.2
125.3
40.0
175.9
50.2
167.3
217.8
47,165
269, 374
20,864
290,238
222, 644
16,611
239, 255
97.04
88.75
79.66
81.28
86.15
80.03
81. 33
86. 13
105.94
105.90
102.60 !
304,610 I
11,910 j
316,520 I
96. 50 !
4.41 I
61,167 I
39,840 j
62,962
48,798 I
46,840
32,759 :
12,900 i
14, 085
2,710
13, 520
35, 557
17,443 I
9,630 I
11,900
11,410
6,533 |
12,175
4, 225
14, 700
18, 790
29,000
650 i
4,309
22, 415
700
1,910
11,965
4,010
4,060
18, 708
925
3,780
8, 315
2,860
2,775
+5.
I
+3.4
+6.5
+21.6
+2.6
-.3
+ 1.9
+2.1
+4.2
+1.0
+2.0
+4.4
+4.7
+27. 6 !
+ 11.1 j
+33.4 i
+80.0 !
+36.3 !
+26.8 !
+33. 1 I
+32. 3 i
•1.4
+19.9 I
+22.4 .
+28. 5 j
+1.2 !
+3.8
+24.8 !
+43.0 i
-6.1
+1.5
+1.9
+80.2 j +51.6
+36.8
-2.9
-28.3 ! -73.8
+32.3 | -11.8
134, 977
796, 628
49,385
846,013
+58.0 +34.4 !
-4.0 +13.6 :
163, 598
163,969 j
+211.6 I
66,110
38, 520
60, 364
51,167
-77.5 !
40,153
22,933 I; - 4 2 . 9
50, 318
7,835
18,382
63,380
5,360
10, 279
{Quarterly)
+1.6
+4.1 :
—. 5 j
-. 1 i
+• 11 +2. 3
2
+• 6
+'2 + 1.9
+.2
-3.7
-1.4
-4.0
-2.7
-1.8
-.4
0
+1.0
-65.3
:
!
\
!
:
j
- 4 6 . 6 +43.9 i
+472. 9 I +40. 2 1
+112.6 ! +46.3
I
mills, of dolls..
mills, of dolls..
mills, of dolls._
mills, of dolls..
mills, of dolls __
mills, of dolls..
mills, of dolls..
mills, of dolls..
mills, of dolls._
mills, of dolls..
mills, of dolls..
6 576 !
66 335 |
55 I
6 186 !
6 90 !
6 29 I
6 14 !
6 21
69I
6 18 i
3
468 i
s 227
359 1
3 461 ,'
3 277 I
3 54 !
3 130 |
3 45 !
3 20
3 15
3 16
s 182
75
3 40
3 18
3 18
3 11
O
3 19
Corporation Stockholders
(Quarterly)
Pennsylvania Railroad Co.:
! 3 142, 622
Domestic
number.
3 2,854
Foreign
number.
LT. S. Steel Corp. common stock:
3
94, 756
Domestic
number.
3 1, 539
Foreign
number.
3 25.11
Shares held by brokers
per ct. of total.
American Telephone & Telegraph Co.:
' 418, 295
Domestic
number3 5, 247
Foreign
.number.
j
Quarter ending in month indicated.
' 143,011
3
2, 810
3 142, 593
3 2, 901
3 95, 902
3 85, 529
3 1. 599
3 27. 59
3 1,691
3 23.
3 430,181
3
5, 220
< Revised.
* 412, 921
2 5.190
3
-13.6
-42.6
-16.1
- . 6 ! +3.2
+ . 2 ! +6.1 !
+ . 4 I +5.5 ;
Corporation Profits
Grand total, nine groups
Railroads
Telephone
Industrial, total
Motors and accessories
Steel
Oil
Food
Metals and mining
Machinery
Miscellaneous
189,116 I + 4 0 . 1
922, 035
86,108
1, 008,143
+.3
+.3
— 1.5 !
-3.1
+1.2
+9.9
-12.1
+5.8 !
- 5 . 0 ! -13.5 I
+2.8 j +4.2 I
—• 5 I
+.6 I
Quarter ending Sept. 30, 1927.
+.2
-8.7
+32.8
+26.0
-31.6
-44.1
47
TREND OF BUSINESS MOVEMENTS—Continued
PER CENT INCREASE ( + ) OR
DECREASE (—)
1927
The cumulatives shown are through
March, except where otherwise noted.
Earlier data for items shown here may
be found on pages 24 to 138 of the
February, 1928, "Survey"
March
GOLD AND SILVER
Gold:
Domestic receipts at mint fine ounces..|
Rand output
fine
ounces..
Imports
thous. of dolls..
Exports
thous. of dolls..
Monetary stock
mills, of dolls..
Silver:
Production—
United States
thous. of fine oz..|
Canada
thous. of fine oz. _j
Mexico
thous. of fine oz..|
Stocks, end of month—
I
United States
thous. of fine oz_.|
Canada
thous. of fine oz_.!
Imports
thous. of dolls.. j
Exports
thous. of dolls..j
Price at New York
dolls, per fine oz._
CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH MARCH
31
Mar., Mar.,
1928, | 1928,
from ! from
Feb., j Mar.,
1928
1927
73,822
-5.9 ! -8.1
1,511
+7.5 ; +2.0
16, 382
-81.7 | -83.6
5,625 +278.4 I
4,597
-1.3 i -6.3
1927
220,598 I 213,615
2,479,632 I 2,537,370
55,689
22,929 |
175,398
+15.7
+1.8
+18.7 I - 1 . 0
+170.6
+46.8
-19.5
-.9
+. 4
1928
Per ct
increase
or decrease
cumulative
1928
from
1927
jj - 3 . 2
I! + 2 . 3
| -43.2
1+665.0
15, 279
4,717
14, 665
4,215
-4.0
-10. 6
13, 308
19, 698
14, 711
21, 586
+10.5
+9.6
1,046, 049
1, 069,193
+2.2
1+117.0
j -21.5
j -13.0
! +22.0
+3. 4
FOREIGN EXCHANGE RATES
Europe:
England
France
Italy
Belgium
Netherlands
Sweden
Switzerland
Asia:
Japan
India
America:
Canada
Argentina
Brazil
Chile
+.2
dolls, per £ sterling..
dolls, per f r a n c .
dolls, per lira..
dolls, per f r a n c .
dolls, per guilder..
dolls, per krone..
dolls, per f r a n c .
0
0
0
0
0
+.5
+.6
dolls, per yen..
dolls, per rupee..
0
+.6
0
! +17.8
I
o
0
+.5
-3.9
+.6
+.2 I +.1
+.2 +1.4
dolls, per Canadian doll..
dolls, per gold peso.
dolls, per milreis..
dolls, per paper peso..
0
0
+.8
+1.7
+8.3
+.5
U. S. FOREIGN TRADE
Imports
Grand total
thous.
By grand divisions:
EuropeTotal
thous.
France.
thous.
Germany
thous.
Italy
thous.
United Kingdom.
thous.
North A m e r i c a Total
thous.
Canada
thous.
South America—
Total
thous.
Argentina
thous.
Asia and O c e a n i a Total
thous.
Japan
thous.
Africa, total
thous.
By classes of commodities:
Crude materials
thous.
Foodstuffs, crude, and
food animals
thous.
Manufactured foodstuffs...thous.
Semimanufactures
thous.
Finished manufactures
thous.
of dolls.
dolls.
dolls.
dolls.
dolls.
dolls.
2
of dolls,
of dolls.
2
of
of
of
of
of
191,480
2
26, 767
2
29,154
2
15, 724
2
47,121
2
151, 939
69, 535
2
2
of dolls.
of dolls.
156, 293
2
73,834
2
2 88, 984
214, 242
of dolls,
of dolls,
of dolls.
2 218, 072
2
60, 452
2
17, 243
of dolls. _
of
of
of
of
203, 393
26,021
2 35, 020
2
16, 935
2
51, 897
2
+11.2 I -3.S
+12.4 +24.4
+13.1 -11.7
+1.0
+.5
+4.6 +3.1
dolls.
dolls.
dolls.
dolls.
2
2
94, 611
13, 708
216, 250
2
65, 562
2
18, 559
+6.2
-2.8
+20.1
+7.7
+10.1
+2.9
+6.2
+6.3
-3.7
-.8
+8.5
+7.6
419, 315
409, 801
-2.3
129, 785
112,895
182, 653
201, 400
149,297
105, 519
190, 527
214, 049
+15. 0
-6.5
+4.3
+6.3
1, 200,813
1,205, 301
Exports
Grand total, including
reexports
By grand division:
EuropeTotal
France
Germany
Italy
United Kingdom
North America—
Total
Canada
South America—
Total
Argentina..
Asia and O c e a n i a Total
Japan
Africa, total
Total domestic exports only
thous. of dolls..
thous. of
thous. of
thous. of
thous. of
thous. of
dolls .
dolls
dolls,
dolls,
dolls.
thous. of dolls,
thous. of dolls.
372,438 I 4 408,973 ; + 1 3 .
+3.4
2
'0, 461
4
10, 317
72, 791
87, 250 1 ^ 101, 062
53,984 J 4 65, 945
of
of
of
of
dolls,
dolls.
dolls,
dolls.
2 Cumulative through Feb. 29.
2
2
2
175, 304
2 104, 702
2
. . t h o u s . of dolls,
thous. of dolls.
thous.
thous.
thous.
thous.
385, 398
33, 809
76, 019
2
23,119
2 160, 280
2
2
2
71, 304
22,971
7,528
364, 385
4
74 056
28,623
7,999
398, 246
4
4
+ 13.3 | +3.2
Revised.
76, 579
25, 887
391, 943
36, 991
80, 072
2
28, 243
2
143,316
2
2
2
178, 413
114,971
2
2
66, 282
23, 763
2 137, 350 2 127, 337
2
2
45, 671
41,195
2
2
17, 208
18, 327
1,174, 280 1,175, 341
+.4
+1.7
+9.4
+5. 3
+22.2
-10.6
+1.8
+9.8
-13.4
-8.2
-7.3
-9.8
+6. 5
+.1
48
TREND OF BUSINESS MOVEMENTS—Continued
jjPer ct.
1927
The cumulatives shown are through
March, except where otherwise noted.
Earlier date for items shown here may
be found on pages 24 to 138 of the
February, 1928, "Survey*'
|
Exports—Continued
I
By classes of commodities:
Crude materials
thous.
Foodstuffs, crude, and
food animals
thous.
Manufactured foodstuffs._.thous.
Semimanufactures
thous.
Finished manufactures
thous.
Agricultural exports (quantities):
All commodities
rel. to
All commodities except
cotton
rel. to
CANADIAN F O R E I G N
Total trade:
Imports
Exports
December
November
U. S. F O R E I G N T R A D E — C o n t i n u e d
j
of dolls. _j
of dolls._
of dolls-.
of dolls.of dolls.1910-14..
1938
1937
February
January
1910-14..
187 j
133
February
March
145, 889 j 117,574 « 112, 058 i 95,292
I
18,077 ! 13,307
46,723!
23,303
4 43,291 | 39,483
42, 398 j 42,057
i
63, 851 i * 55, 657
56,140 1 59,612
161,722 ! 155, 798 * 164, 636 I < 158,884
'
113 |
100
161 |
119
March
91,620 ',! 102,811
14,821
42, 820
63,189
198,354
in !
127 !
CUMULATIVE TOTAL
! | PER CENT INFROM JANUARY 1
II CREASE ( + ) OR
THROUGH MARCH
|| DECREASE (—)
31
18,758 '
38,522
53,120
151,174
i. Mar.,
' 1928,
i from
i Feb.,
| 1928
107,411 ji - 3 .
19,978
37,188
57, 840
175, 829
Mar.,
1928,
from
Mar.,
1927
1937
1938
-14.7
332, 732
298,970 \\ - 1 0 . 1
63,142
116, 726
172, 299
489, 382
46,205
-26. 8
125,594 i +7.6
182,697 ! +6. 0
521,874 I +6.6
+11.4 j - 2 5 . 8
+8.5 ! +15.1 '
+13.5 ! +9.2
+24.8 ' +12.8
100
130
139
0
117
116
116
+5.4
ij 74,707
..._!l 79,803
110, 581
107, 218
or decrease
! cumulative
1928
from
1927
-28.1
+.9
TRADE
,
94,312 1 83,263
155,521 | 132,189
thous. of dolls..
thous. of dolls..
4
79, 506
84,428
85,932 !
90,387 |
2
Eevised.
2 153, 513
2 165, 069
+7.8
+5.9
2 165, 438
2174, 815
Cumulative through Feb. 29.
MEN'S AND BOYS' GARMENTS CUT1
SUITS
1924
MONTH
1925
1926
SEPARATE TROUSERS
1927
1928
1924
1925
1926
OVERCOATS
1927
1928
2,021
2,043
1924
1925
1926 ! 1927 1928
Thousands of garments
January
February
March
April
2,505
2,574
2,563
1,987
2,264
2,389
2,574
1,932
1,844
1,881
1,887
2,019
1,690
I 1,435
I 1,687
j 2,368
I 24,440
| 2,037
!
!
May
June
July
August
September
October
November
December
!
Total
M o n t h l y average
2, 207
2,445
2,496
2,747
2,659
2,277
2,291
2,231
2,249
2,413
2,520
2,391
2,639
2,470
2,170
2,313
2,284
2,032
1,775
1,970
1,902
2,151
2,021
1,822
1,760
2,151
2,104
2,543
2,256
2,250
2,190
2,231
2,069
2,133
1,839
1,715
1,692
2,095
2,030
2,190
1,841
1,920
2,210
2,473
2,194
2,330
24,298 !
2,025 |
25, 914
2,160
27,544 :
2,295
275
255
308
325
269
318
303
256
290
312
347
279
2,032
2,064
1, 950
2,199
478
605
665
813
377
523
617
675
2,296
2,187
1,919
2,071
1,963
1,989
1,847
1,902
869
892
478
295
734
853
571
274
417
590
631
748
752
878
362
308
27,116
2,260
24, 745
2,062
6,258
522
5,770
481
I
300
269
305
280
343
255
378
544
614
710
729
704 I
435 .
261 L
5,914 i 5,578 I
493 ! 465 |
i Compiled b y the IT. S. Department of Commerce, Bureau of the Census, from reports of 730 identical establishments in 1927 and approximately identical establishments
hereafter. Earlier figures are from 467 establishments, prorated to compare with the 730 establishments on the basis of the relation of t h e figures in both groups in 1927.
BLANK FORMS, CASH CHECKS, AND BUTTONS
BLANK FORMS, NEW
ORDERS i
MONTH
1925
CASH CHECKS, SHIPMENTS *
1927
1926
OCEAN PEARL BUTTONS, 1927 3
Production
Thousands of sets
New
orders
Shipments
Stocks,
end of
month
Number of gross
January
February
March
April
15,
22,
20,
23,
273
208
609
288
153,691
187, 966
184, 946
209, 227
402,100 ' 185,840 ;
303,270
258,138 i
195,264 ! 230,962 !
203,227 I 210,455 |
522,336
534,893
557, 770
539, 676
May
June
July
August
September
O ctober
November
December
33,964
26, 263
28, 806
26, 813
208, 226
184, 684
140,471
170, 877
208,774
232,697
145, 820
208, 637
216,928 I
185,729
162,455 |
192,099 j
534, 801
566,020
567,838
532, 744
31, 385
31,906
33, 324
31, 896
173, 374
206, 540
195,333
205, 511
278, 750
282, 074
283,957
236, 678
217,154 !
274,353 I
252,973 I
220,308 |
529,109
498, 893
482, 858
475, 697
Total.-.
Monthly average
325,735 I 378,352
27,145 i 31, 529
2, 220, 846
185, 071
2, 981, 248
248, 437
2, 607, 394
217, 283
528, 553
1 Compiled by the Continuous Fold Printers Association, from reports of 7 firms, representing from 80 to 90 per cent of the industry and presenting data on new orders
of continuously printed and folded forms, such as invoices, bills of lading, etc., used by railroads, steamship lines, banks and commercial concerns. The association's reports
show number and value of orders and number of parts, divided as between railroad and steamship forms and commercial and bank forms.
2
Compiled by the Cash Check Manufacturers' Association from reports of 8 manufacturers of punch and tear-off checks such as are used in restaurants. The association's
reports show these classes separately, together with values and relation to normal.
3 Compiled by the Ocean Pearl Button Manufacturers Association from reports of 9 members, estimated to represent about 75 per cent of the industry. Figures represent
four-week totals, the extra week being omitted in five-week months in order to insure comparability.
O
PUBLICATIONS OF THE DEPARTMENT OF COMMERCE
Recent publications of the Department of Commerce having the most direct interest to readers of the SURVEY OF C^RKENT
below. A complete list may be obtained by Addressing the Division of Publications, Department of Qoxnmei'ce,
at Washington.. Copies of the publications may be purchased from the Superintendent of Documents, Government Printing
Office, Washington, at the prices stated. If no price is mentioned, the publication is distributed free.
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BUSINESS are listed
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OFFICE OF THE SECRETARY^' ' '
United States Government Master Specification for Netting,
Mosquito (Unbleached Bobbinet).—Circular Np. 359; 2jpages.
, Airports and Landing Fields.—Information Bulletin No. 5* Price, 5$;
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(3d ed^); 14 pages; This publication, issued by the AeroTechnical News Bulletin, April, 1928.—Pages ,45-60. This
nautics Branch of the Department of Commerce, contains a list
monthly publication contains items describing the laboratory
of aviation landingfieldsarranged alphabetically by States and. '^activities, of the bureau and a list' of pamphlets issued and magatown& where located. There is included a list of places where zine articles published during,the preceding month, jjjlrirjual
it J& proposed to establish airports.
.
- subscription, 25$.
*..'•'
List of Air Publications.—Information Bulletin No.,6 (3d ed.);1
5 pages.
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BUREAU
FISHERIES
Radio Service Bulletin, March, 1028.—22 pages. Issued
monthly,by the Radio Division of the Department of Commerce.
Bulletin of United States Bureau of Fisheries, Vol, XL, 4924,
v Contains lists of radio stations'and references to current radio Part tlir—iv-f 1027 pages, illustrations., plates. This'volume
. literaturei Single copies, 5£; annual, subscription, 250:
contains' articles On Plankton of onshore waters of Gulf of,
.Maine, and physical oceanography of Gulf
of Maine, Contains
;
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„ ••• '.'.\ BUREAU 6 F ' T H E ' C E N S U S ,v
- ' - V bibliographies.
Nature and Extent of Fotfhng of .Ships' Bottoms, by J. Paul
(For
infdrm^tion
concerning
plan
of
publication
and
distribution
of
census
pu^Uca.
1
'Visseher. Document No... 1031. (From Bulletin of Bureau of
tions," address the Director of the Census)
"•'• .
N
Fisheries, Vol. XLIII, 1927> Part H, pp. 193-252, 13 iUustraThe Deaf-mute Population of the United States, 1920.—Sta- ; ti.ons, 21 pages of plates.) Data showing the riaiure b£ plant
, tistical analysis of data obtained at the Fourteenth Decennial, and animal growths causing fouling of ships' bottoins, and the
Census concerning deaf -mutes, showing number, nativity, edu- effects of ligljt, fresh water, and contour of vessels in prevention
cation,, methods of communication, and causes of deafness. > of such fouling. A bibliography is included. Price, 35$.
* Text prepared by Dr. Harry Best, * University of Kentucky^ :
1^9 pages, 1 illustration, price 25$.
,.
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' '/BUHiJAU OF MINES1 • ' '
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BUREAU OF FOREIGN AND DOMESTIC COMMERCE
Sulphur and Pyrites in 1926.—(From Mineral Resource^ of
United States, 1926, Ptt. II, pp. 295-301.) Price, 5£
Effect of Stemming on Efficiency of Explosives, try Walter
(X-Sneffing and Clarence Hall, revised in 1928 by S. P. Hbwell
China Trade Act, 1922, with Regulations and Forms.—Edition and,
Tiffany. Technical Paper 17; 21 pages, 11 iUustraof 192B, with amendments as of February 26, 1925. ii+20 tions.J. E.
This paper describe^ tests to determine, relative strength
different explosives. Price, 5£.
. i ^
Foreign bommeree and Navigation of United States for of Prevention
of Pipe-tool Accidents at Drilling and Producing
Calendar Year 1926.—Volume II, vi4-627 pages. This volume , Wells,
by H. G> Fowler. Technical Paper 422; iv-f-47 pages,
contains tables giving draw^kek paid on exports for X926, and
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exports- and imports by articles and countries from 19221 to , 19 illustrations. Priced 15^, ' , 1926. Price, $1.75.
, .
BUREAU OF NAVIGATION
, Monthly Summary of Foreign Commerce of United States,
February, 1928.—Parts -I and II. Part I contains statistics:
American Documented Seagoing Merchant! Vessels of 500
of exports of-domestic merchandise, and imports by articles for ,
Gross
Tons and Over, Mardbu JL92& ii-f $3 pages. Published
February, 1927 and 1928, and for two months ended February,
1927 and 1928. Part II contains summaries of export and im- monthly. Single copies, 10^-; annual subscription, 75$.
Same, April, 1928. U4-63 pages.
port trade; monthly average import and export prices; statistics of trade with Alaska, Hawaii, and Porto Rico. Single <"
copies, PaVt I, 10£; Part II, 5£.v Annual subscription, $1.25.
COAST AND GEODETIC SURVEY
p European Motion-Picture Industry in 1927, by George; Ri
Ga,nty, American trade commissioner. , Trade Information Bui- ,
Catalogue of U. S. Coast and Geodetic Survey Charts, Coast
letin No. 542;ii-4-32 pages, Thi,% bulletin shows,the progress Pilots, Tide Tables, Current Tables, April 1, 1928. Serial 407;
in the. motion-picture film industry in various European coun- 48 pages, 18 illustrations. '
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tries, the relative importance of European markets for American
Current Tables,. Atlantic, Coast, North America, for Year
films, and the regulations, governing the importation and exhi-i 192§, Serial 405;' 96 pages, 2 illustrations, 6 diagrams.
.bition of filmfe. Price/10£.
Price, 10£.
- ' •\ / >
*
German ^etal-Working Machinery Industry and Trade, |>y
Digest of Geodetic Publications Issued by United States
Theodore Pilger, American tfade commissioner. Trade Inforhia- Coast and GeodeticJSurvgy Resulting from Surveys instate
of
tion Bulletin No. 540; ii+ 76 pages, 3 illustrations. Price, 10^ Rhode Island: Triangulationiand Vkriation
of Compass. ; Serial
l
French Market for Industrial Machinery, by Franklin P. 221; ii-f 5 pages, 1 map.
>
.
Waller, assistant trade commissioner.; Trade Information BulTide Tables, Atlantic Coast, North America, for Year 1929.
letin No.,543; ii-f-46 pages. Price, 10£.
Serial 414; 4B9 pages. Price, 15f. ' «
Practical Aids for Domestic Commerce*—16 pages, 1 illustration. This pamphlet gives, a brief account of the assistance
SERVICE
furnished by the Foreign and Domestic Commerce Bureau in '
promoting domestic commerce.
Atlantic Coast of United States: Local Light List, Cape May
to Cape Lookout, Including Delaware and Chesapeake Bays
BUREAU OF STANDARDS
and North Carolina Sounds, 4th and 5th Lighthouse Districts,
19*28 (corrected to December 15, 1927). 239 pages. This list
Simplified Practice Recommendations:
^describes all ajds to navigation maintained by the United, States
No. 73. One-piece Porcelain Insulators. vi-fl5 pages, illustrations. Priqe,/6g.
in the region indicated. Price, 30$. ;
.
No. 74. Hospital and Institutional Cotton Textiles, viii+12 pages, 1 Uliistra- (Ttie publications
of this bureau may also be pur6hased from the bureau or Its dis1 x
,
trict offices)
. •
,tion. Price, 50.
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No. 75. .Composition Blackboard;, fv-f 10 pages, 1 illastrationi Price, 5&
Alphabetical Indeix and Numerical List Of United States
Government Master Specifications Promulgated by Federal
Specifications Board.—Circular No. 319; xxi+18 pkges.v 3d
edition.
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PATENPC-,OFFICE
.
, o*
General Information about Protection of Trade-marks,
Prints, and Isabels.
Hevi§ed April 1, 1928. 24 pages, *
v
illustration.
'' " ' ;
CHIEF FUNCTIONS OF THE DEPARTMENT OF COMMERCE
,
HERBERT J3OOVER, Secretary of Commerce
WALTER If. BROWN, Assistant Secretary ,of Commerce.
AERONAUTICS BRANCH
P. MOCRACKEN, Jr.,, Assist&nts Secretary, of Commerce
for>Aeronautics ,
.
Establishment of civil airways and maintenance of aids to air
navigation;, inspection and registration of aircraft and licensing
of pilots; enforcement of air traffic rul^es; investigation,of accidents^ encouragement qf municipal air, ports; fostering of^ air
commerce; scientific research, in aeronautics; and dissemination of information relating to commercial aeronautics. (Some
of these functions are performed by special divisions of the
lighthouse Service, the pureauv of Standards, and the Coast
and Geodetic Survey.)
v
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WILLIAM
6UREAU OF THE CENSUS
,
WILLIAM M. STETJAUT, Director
.
v
- Taking censuses of population, Inmates of institutions, mines
and quarries, forest products, and water transportation every.
10 years, censuses of agriculture and electrical public utilities
every 5 years, and a census of manufactures every 2 years.
,' <3oinpilation of statistics of wealth, public debt and taxation,
including financial statistics of local governments, every 10
years; annual compilation of financial statistics ofv State and
municipal governments. v
\ .
Compilation of statistics of marriage, divorce, births,, deaths,
and penalinstitu$ons annually, and of death rates in cities and
automobile accidents weekly.
• , , .
Compilation quarterly or monthly of statistics on cotton,
wool, tobacco, leather,,and other industries; publication in the
Survey of Current Business of monthly commercial and industrial statistics.
;
BUREAU Of FOREIGN AND DOMESTIC
COMMERCE
JULIUS KLEIN, Director,
i
,
The collection of timely information concerning world market
conditions and openings for American products in foreign countries,'through commercial attache's, trade commissioners, and
consular officers, and its distribution through weekly Commerce
Reports, bulletins, confidential circulars, the news and trade
press, and district and cooperative offices in 65 cities. '
The maintenance of commodity, technical, and regional
divisions to afford special service to American exporters and
manufacturers.
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*yhe compilation and distribution of lists of possible buyers
and agents for American products in all parts of the world and
publication of weekly lists ot specific sales opportunities abroad.
The publication of statistics^ on imports and exports.
The study of the processes of domestic trade arid commerce.
BUREAU OF STANDARDS
.
V
GEORGE K, BURGESS, Director
'Custody > development, arid construction of standards of
measurement, qualify, performance/ or practice; comparison
of standards used by scientific or other institutions;, determination of physical constants and properties of materials; researches
and tests on materials and processes; and publication of1 scientific end technical bulletins reporting results of researches and
fundamental technical data.
Preparation of specifications for Government purchases,
through the federal Specifications Board;
Collection ^and dissemination of information concerning,
building codes and the planning and construction of houses.
Establishment of simplified commercial practices'through
cooperation with business organizations in order to reduce the
wastes resulting from excessive variety in commodities.
, :
v BUREAU OF MINES
SCOTT TURNER, Director .
Technical investigations in,the mining, -preparation and
utilization of minerals, including the study of mine hazards
and safety methods, and qi improved methods in the production and. use of minerals. \
Testing of Governmetit fuels and lhanagemeni of the Government Fuel Yard at Washington^
EPHRAIM F. MORGAN, Solicitor
Research on helium and operation of plants producing it.
. Studies in the economics &nd marketing of minerals and collection of statistics on mineral resources and mine accidents..^
The dissemination of results of technical and economic
researches in bulletins, technical papers, mineral resources
series, miners' circulars, and miscellaneous publications.
BUREAjU OF FISHERIES
O'M ALLEY, Commissioner
The propagation and distribution of food fish and shellfish,
in order to prevent the depletion of the fisheries; investigations
to promote conservation of fishery resources; the .development of commercial.fisheriesand agriculture; study of fishery
methods, improvements in merchandising and collection of,
fishery statistics; administration of Alaska fisheries and fur
seals; and the protection of sponges off the coast of Florida.s jj
HENRY
BUREAU OF LIGHTHOUSES
GEORGE R. PUTNAM, Commissioner
* Maintenance of lighthouses and other aids to water navigation. Establishment andl maintenance of aids, to navigation
along civil airways.
i Publication of Light Lists, Buoy Lists, and Notices to Mariners, giving.information regarding these aids to navigation.
COAST AND GEODETIC SURVEY
E. LESTER JONES, Director
Survey of the,coasts of the United States and publication of
charts ior the navigation of the adjacent waters, including
"Alaska, the Philippine Islands, Hawaii, Porto Rico, the Virgin
Islands, and the CanaLZone; interior eontrpl surveys; magnetic surveys; tide and current observations; and seismological
, investigations.
,/
Publication bf results ^hrough charts, coast pilots, tide tables
current tables, and special publications.
BUREAU OF NAVIGATION
ARTHUR J. TYRER, Commissioner
Superintendence of commercial marine and merchant seamen.
Supervision of registering, enrolling, licensing, numbering,
etc., of vessels under the United States flag, and the annual
publication of a list of such vessels.
. Enforcement of the navigation and steamboat inspection
laws, including imposition of fees, fines, tonnage taxes, etc.
STEAMBOAT INSPECTION SERVICE
N. HOOVER, Supervising Inspector General ~
The inspection of merphant vessels, including boilers, hulls>
and life-rsaving equipment, licensing of officers of vessels, certification of able seamen and lifeboat men, arid the investigation
of violations of steamboat inspection laws.
DICKERSON
UNITED STATES PATENT OFFICE
THOMAS E, ROBERTSON, Commissioner
The granting of patents and the registration of trade-marks,
prints, and labels after technical examination.and judicial proceedings.
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Maintenance of library with public search room, containing
copies of foreign,and United States patents and trade-marks.
Recording bills of sale, assignments, etc., relating to patents
and trade-marks. Furnishing copies of records pertaining to
patents.
Publication of the weekly Official Gazette, showing the patents and trade-marks issued.
,
RADIO DIVISION
W. D. TERRELL, Chief
Inspection of radio stations on ships; inspection of radio stations on shore, including broadcasting stations; licensing radio
operators; assigning station call letters; enforcing the terms of
the International B&diotelegraphic Convention; and examining
and settling international radio accounts..
@FedFRASER