Full text of Survey of Current Business : May 1929
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UNITED STATES DEPARTMENT OF COMMERCE WASHINGTON SURVEY OF CURRENT BUSINESS MAY, 1929 No. 93 ,' IMPORTANT NOTICE / In 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 for which are noted in the "Sources ofData" on pages 139-142 of the February, 1929, semiannual issue U. S. COVERHMEHT PRIMTIN« OFFICE I Itlf INTRODUCTION The StfKVBY OF CUB&ENT BUSINESS is designed to present each month a picture of the business situation by setting f^rtk tiiri principal facts regarding the various lines1of trade^ and industry. The figures reported are very largely those already in ejrfstence. The chief function of the department is to bring together these data which, it available at all, are scattered in hundreds of different publications. A portion of these data are collected: bV Government departments, , other figures are coriapij^d by technical journals, and still d^ers are reported by trade associations. 1 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 t6 do so to enter new figures eb soon as the/ ippea* (see February, 1929, issue). In the intprveiung months the more important comparisons o&ly are givett in the table entitled " Trend of { business movements." / t WEEKLY SUPPLEMENT Realizing thai current statistics are highly perishaj>le and thit toJ^e of #$e th^y mjist reach the business man «t the ^arli^st possible moment, the department has arranged to distribute supplements every week to subscribers iti the United States; The supplements are usually mailed on Saturdays ari<J give such information &s has been received durmg the week ending on the preceding Tuesday, ^The monthly information contained in these bulletins is repuWjshed fn the SJCTRVEY* and the supplements al$6 contaiii charts and tables of weekly dat$. ! / s • / .' - ' • ; '. - ; , ' ' R^LATIV^ AND IND±S NUMtyOKjS * Tp facilitate comparison between different nnpoftant items and to chart series expressed in different units, relative numbers (often balled "index numbets// ;a term referring more particularly to a special feind .of number Described below) have been calcu.lated* The monthly average for 1923-1925 has usually been used as a base equal to 100. The relatiV^ humbers are computed by allowing the mo&thly Average for the ba^e year or period to equal 100; M the movement f6r a current month is greater than the base, tfre relative number \fcill be greater than lOOi and vice ver^a. The difference> betwgeh 100 and the relatiye jiuifttyer will give at 0nce the' per cent increase or decrease tcomp&re$ with the base period. Tbu$ a relative number of 115 means an ipcrea^e of 15 / ,p^ cent over t&e base period, w;hile a relative number of $0 me&ns a 49c^se &f 20 Pe^ ceia^ from the ba&e. Splative numbprs ;may also be used to calculate the approximate percentage increase or decrease in a movement f mm oiie period to the next, Thus, if a relative number at one mo^th is 120 and for a later jiioAth it 'is1144 tliere has been an ^ncrease of 20 pe^ cekt. ',' ^hen two oir more series of relative numbers are ined by^ a system oi weightings^ the resulting is denominated am index number, The index b^ combining many relative numbers, is designed to show the t^rend of an eatiire group of industries or for ttle Country as a \frhole, instead 01 for the single commodity or industry which the relative number covets. Comparisons with the base year pr with other periods are made in the same manner as in the case of relative numbers; ( fei 1 "r, ' < RATIO CHARTS'$ ^•\^--/- In most uista^ces the charts used in the SURVEY otf CURRENT BUSINESS are of the type termed "Ratio Charts" (logarithmic scale), toptjably the Business Indicator, charts on page 2, These charts show the percentage increase and allow direct comparisons between the slope pf one curve and that of any other c^irve regardless of its location oft the diagram; that is, a 10 per cent increase in an ftem is given the same vertical movement whether its <iurve is near the bottom or near the top of the oh&rt. Tlie difference between this tod the ordinary arithmetic form of chart caji be made clear by an example. If a certain item having a relative number o£.4QO in oiie month increases 10 per /cent in the following" month, its relative number will be 440, and oU an ordinary / (chart would be plotted ^0 equidistant sc&le points higher,than thb preceding months. Another move* ment with a relative number of, say, 50 also increases |.0 p'&r-derit, Making it& relative number 55. On the ordinary (arithmetic) scale this item would rise only 5 equidistant'points, whereas the previous item rose 40 poirits, yet each showed ;th$ same percentage increase. The r&tio charts avoid difficulty ana give t6 each of the two movements exactly the same vertical rise, and fae&^e the slopes of the two lines are directly comparable. The F&tid charts compare percentage changes, while the arithmetic charts compare absolute changes. r RECORD BOOK As an aid to readers in cpmparitig present data withimonthly statistics in previous yejairs, the department 16 compiling a RECORD BOQK jo$ BUSINESS STA^IS^IOS, in which data now carried in the SURVEY or CURRENT BUSINESS are show$ by riionths AS far b^w?k as 1909, if available. Full 4es^rip^ck^8 of the figures and reports, pf how the d^bta are used in actual practice by business firm^ are corit^in^d in i^he RECORD BOOK. The sections dowering t^xjples and metals have already bepn issued atyd may ^>e obtained tor 10 <tents ^ per c^)py from the Stiperintendeni o| Documents, Government Prikiting Office, Washi>on/ft>. 0. 0b not se^d stamps.) Notices of other sections will be given in the SURVEY as they ar^ issued. ' ( ; i ' • , i,/ , , ' ' " ' ' " METHODS Of U^E Methods of usin^ and interpreting Current businessi \ statistics hate been ciollect^ by the department from miany business concertis and aref described in a booldet entitled "How to Use Ciprrent Business Statistics," ^together with nlethods «0{ collecting stA- ^ tistics; This booklet may be obtained from the Superintendent of Documents, Government Printing Office, Washington, D. C,, at 15 cents per copy. (Do not send stamps,) ) , . , - - \ ' ' «'< r , • ' 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 tiparticular month's business are not available until from 15 to 30 days after the close of the month, & ctimplefc picture of that month's operations can not be presented at an early date, but the weekly supplements give http://fraser.stlouisfed.org/ Averu week the latest data available. i Federal Reserve Bank of St. Louis SURVEY OF CURRENT BUSINESS P U B L I S H E D BY U N I T E D STATES D E P A R T M E N T OF C O M M E R C E Subscription price of the SURVEY OF CURRENT BUSINESS is $1.50 a year; single copies (monthly), 10 cents, semiannual issues, 25 cents. Foreign subscriptions, $2.25; single copies (monthly issues), including postage, 14 cents; semiannual issues, 36 cents. Subscription price of COMMERCE REPORTS is $4 a year; with the SURVEY, $5.50 a year. Make remittances only to Superintendent of Documents, Washington, D. C., by postal money order, express order, or New York draft. Currency at sender's risk. Postage stamps or foreign money not accepted WASHINGTON No. 93 May, 1929 CONTENTS INDEX BY SUBJECTS SUMMARIES Page Preliminary summary for April Business conditions in March Monthly business indicators (table and chart) Wholesale prices (table and charts) Indexes of business Automobiles, building, mining, manufacturing (charts) _ _ Electric power, transportation (charts) Check payments and retail trade (chart) Prospective carloadings, second quarter, 1929, compared with actual loadings same quarter of 1928 1 4 2, 3 6, 7 17 8 8 8 15 NEW DETAILED TABLES Census of manufactures, 1927 Electrical goods, new orders New paid-for ordinary, industrial, and group life insurance 20 20 21 Textiles Metals and metal products Fuels Automobiles and rubber Hides and leather Paper and printing Building construction and housing. _ Lumber products Stone, clay, and glass products Chemicals and oils Foodstuffs and tobacco Transportation and public utilities __ Employment and wages Distribution movement (trade, etc.)Banking, finance, and insurance.___ Foreign exchange and trade Text page 9 10 11 11 11 12 12 12 13 14 5 14 14 14 Table page 23 24 28 28,30 30 31 32 33 34 35 37,40 41,42 43 44 45 48 PRELIMINARY SUMMARY FOR APRIL Commercial transactions during April, as indicated by check payments for the early weeks of the month, were larger than in the corresponding period of 1928. Industrial activity, as reflected by operations in steel plants, was higher than in either the preceding month or April of last year. The output of bituminous coal and lumber was running on about the level of a year ago. The volume of building contracts awarded during the month, as based upon early data, was somewhat larger than in April a year ago. Bank loans and discounts, as reported by Federal reserve member banks at the end of April, were somewhat lower than at the end of the preceding month but were higher than a year ago. Interest rates on call money showed little change from the previous month and were higher than a year ago. Time-money rates were generally higher than in either the previous month or April of last year. Stock prices averaged lower than in the previous month but were higher than a year ago. Prices for bonds for the first time in months reflected strength, but were lower than in April of last year. Brokers7 loans receded considerably from the high point of the previous month but were still well above the level of a year ago. The Federal reserve ratio, for the first time in months, averaged higher than in the same period of a year ago. The primary distribution of goods, as reflected by carloadings, was greater than a year ago. The general index of wholesale prices showed a decline from both the previous month and the same month of last year. Prices of wheat and cotton averaged lower than in the preceding month. Cotton prices were higher than a year ago; prices for wheat were lower NOW READY.—Part III, Fuels, Automobiles, and Rubber, of the Record Book of Business Statistics, obtainable from the Superintendent of Documents Government Printing Office, Washington, D. C., at 10 cants per copy (no stamps). DigitizedU. forS.FRASER 47666—29 1 (1) MONTHLY BUSINESS INDICATORS, 1923-1929 jRatio charts—see explanations on inside front cover. The curves on check payments, wholesale trade, sales of mail-order houses and 10-cent chains, and department stores have been adjusted for normal seasonal variations, and manufacturing production for the varying number of working days in the month as well] 1923 1924 1925 1926 1927 1928 1929 1923 | 1924 | J925 I 1926 | 1927 | 1928 | 1929 MANUFACTURING PRODUCTION , ,i , , i , , l , , i , , i I , , i , , i , , i , , I ,, i , . 1 , , i , PIG IRON PRODUCTION I , , I , , l , i , i 1 1 . 1 1 1 i , , 1 1 1 1 1 1 i.i 1 1 1 1 1 , , t DEPARTMENT STORE TRADE COTTON CONSUMPTION I I I I I I I I t I I I I I I I I I I I I I I I I I I I I I I 1M ,i lt WOOL CONSUMPTION 1 1 1 1 1 , 1 1 1 1 1 t l , . 1 1 i l t 111 ill 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, art? shown with the average seasonal variations eliminated, as noted below. In this manner a more understanding month-to-month comparison may be made. 1928 MONTHLY AVERAGE 1923 1924 ITEM 1925 1926 1927 1928 Feb Mar 1929 Apr. May June July Aug. Sept Oct. ]NTov Dec. Jan. Feb. Mar. 117.0 120.0 107.3 124.9 144.0 68.6 120.0 110.0 124.2 146.1 177.1 80.2 1993-1925 monthly average— 100 Industrial production: * Total manufacturing * Total minerals Pig iron Steel ingots .... Automobiles.. Cement Lumber (5 species) Cotton (consumption) Wool (consumption) Raw material output: Animal products Crops Forest products . Crude petroleum Bituminous coal Copper 105.0 99.0 101.5 106.4 10Z5 108.1 105.2 104.4 92.6 108.0 107.0 109.0 113.1 108 4 110.0 101.5 108.5 8&.7 104.0 104.0 97.0 96.9 92.5 100.2 96.0 104.0 104.0 103.7 99.5 106.4 96.0 97.0 99.0 94.0 97.0 95.0 109.0 113.0 119.0 81.0 77.0 81.0 98.0 93.0 88.2 87.0 96.0 96.0 104.6 122.3 122.2 110.9 122.2 117.5 109 7 99.0 94.3 94.9 100 9 73 9 110.2 104.9 114.9 102.2 106.6 105.7 100.0 92.0 99.0 99.4 108.0 _ 93.4 Power and construction: E lectric power . Building contracts (37 States) 111.0 111.0 110.0 110.0 110.0 110.0 111.0 106.0 103.0 105.0 103.0 105.0 99.0 101.0 105.5 97.1 107.1 106.6 109.9 103.1 102.8 120.2 117.0 130.4 124.5 121.6 108.3 110.3 109.8 97.9 125.0 124.0 128.8 120.0 118.6 118.0 70.8 82.3 108.4 139.3 140.8 140.6 86.7 96.3 98.4 101.2 97.4 92.7 106.8 111.6 113.3 102.3 112.5 99.5 85.7 94.7 102.0 98.7 82.0 92.7 87.1 80.4 101.0 94.0 105.0 96.0 111.7 86.7 104 8 88.7 101 7 90 8 92.1 99 8 98.6 96.2 105.9 89 7 112 8 94.6 92.6 89.7 106.0 107.0 101.0 104.6 85.7 115.3 94 9 12.0 2 97.0 113.0 105.0 105.0 120.9 139.5 150.9 90.4 102.6 95.2 116. C 108. C 102.5 120.0 125.6 143.8 79.1 95.9 91.8 114. C 111.0 114. C 113.0 112.fi 110.5 134. fl123.2 120.1 77.9 141.1 124.5 113.0 112.0 112.8 116.3 70.9 98. ri7.o 117.0 115.2 129.9 121.4 79.5 120 6 119.0 104.1 130.2 116.5 123.3 10S 6 105.7 96.8 114.0 101.3 102.7 108.0 116.0 108.0 97.0 92.0 102 0 93.0 92.0 72.0 52.0 87.0 114.0 178.0 251.0 179.0 152.0 101.0 97.0 88.0 90.0 78.0 84.0 84.0 76.0 122.5 118.1 122.9 126.8 124.5 129.5 123.8 129.4 84.1 82.6 83.3 94.4 94.8 115.6 105.7 99.6 111.8 111.0 111.3 116.7 118.8 131.1 129.5 129.8 96.0 80.0 88.0 112.0 82.0 72.0 82.0 74.0 86.0 133.5 123.3 134.4 118.1 108.5 90.3 130.9 128.5 141.5 98.1 109.5 122.6 133.3 146.0 137.0 144.5 138.7 142.2 139.8 142.4 149.8 145.2 .58.0 154.6 157.8 164.3 148.2 159.3 92.7 117.6 111.0 106.8 121.4 103.7 132.7 142.4 143.5 142.2 123.7 118.8 114.2 129 1 111.1 98.2 88.6 81.9 117.1 Unfilled orders: General index U. 8. Steel Corporation 121.7 125.8 Stocks: General index _„ Manfd. commodities (28) Cotton Copper (refined) 94.5 102.0 103.5 114.6 120.8 122.7 130.0 126.8 122.5 116.5 108.4 105.4 107.5 116.0 132.9 137.0 141.5 138.4 136.4 133.5 93.8 103.2 103.0 106.3 112.5 116.7 120.0 120.2 118.5 120.2 117.3 118.3 115.4 111.3 110.7 113.7 120.4 125.2 124.8 121.0 102.5 91.4 106.2 145.5 163.1 123.8 159.1 135.8 117.7 95.5 74.7 58.6 52.4 89.5 155.1 181.4 187.7 169.8 149.5 130.5 106,4 113.9 73.1 64.8 85.4 58.4 76.8 77.1 64.4 68.6 52.0 48.5 48.4 45.8 40 3 46.1 57.8 55.4 48.8 46.8 Employment: Factories 106,6 96.2 97.8 99.9 97.6 98.1 97.1 97,4 97.6 99.9 . Prices: Farm products, to producers Wholesale, all commodities Retail food Cost of living (including food) 87.0 83.6 Distribution (values) : * Bank debits, 141 cities * Wholesale trade . * Department stores, sales * Mail-order houses, sales * 10-cent chains, sales . Imports Exports 91.2 96.7 101.0 98.0 98.0 99.0 92.0 98.0 88.0 99.0 97.8 93.1 91.5 100.8 Transportation : Freight, net ton-miles. 102.2 Finance: Member bank loans and discounts Interest rate (commercial paper) . Federal reserve ratio Price, corporation bonds Price, railroad stocks Price, industrial stocks Failures (liabilities) ! ' Seasonal adjustments. 94.1 116.2 99.0 96.4 860 86.1 106.0 91.3 90.6 97.2 84.6 82.1 97.9 74.0 76.2 81.6 71.1 80.7 92.1 94.4 91.9 91.8 76.8 81.1 91.4 73.9 71.6 75.2 76.2 91.1 91.2 77.1 74.7 74.8 75.9 90.3 91.7 74.7 77.4 93.0 71 5 72.7 78 6 76.9 93.9 93.4 71.0 75.0 78.0 83.3 86.1 86.8 93.5 93.2 95.4 84.0 92.4 96.6 106. 6 98 6 94.9 100.7 97.8 99.3 101.4 107.2 105.1 105.1 100.7 102.2 99 3 97.1 97.1 96.4 98.6 101.4 102.8 99.3 94 7 97.0 95.7 95.3 96.7 97.9 96.9 97.6 98.2 99.4 97.1 96.0 96.0 96.5 96.0 96.8 104.9 107.6 103.6 102.9 101.3 101.2 101.6 102.8 102.0 102.1 103.0 105.4 104.8 105.1 104.1 103.3 103.2 102.2 102.3 102.3 99.9 98.7 98.4 98.1 97.9 98.4 98.0 SS.O 98.0 99.3 99.3 99.3 98.7 98.0 98.0 97.4 111.9 102 0 103.0 110.0 113.0 109.0 107.8 119.6 101.0 106.0 115.0 125.0 114.3 105.6 132.5 97.0 106 0 120.0 138.0 108,0 106.8 158.2 96.0 108.0 137.0 150.0 105.5 112.6 95. 9| 101.9 109.1 106.0 106.5 98.5 90.0 104.1 99.9 96.1 91.9 106.8 91.1 81.4 90.8 107.4 93.5 96.9 103.6 117.9 122.0 87.2 112.9 100.9 96.0 108.0 133.4 132.4 80.4 117.3 95.4 99,1 112.5 162.7 171.4 102.2 126.8 112.8 89.1 113.0 174.5 214.8 95.6 149.6 99.1 105. 0 116.0 142.0 108.7 97.8 164.8 95.6 104.0 113.0 142.0 117.8 110.8 95.7 105.8 120.9 92.8 96.0 115.8 164.7 191,2 106.3 123.3 95.8 95.6 115.7 170,1 204.8 129.3 161.8 91.6 103.0 117.0 147.0 106.9 95.9 168.8 98.7 103.0 132.0 144.0 109.6 111.1 165.4 92.5 105.0 144.0 153.0 98.2 102.3 140.4 94.2 107.0 153.0 148.0 98.4 99.8 149.9 100.6 105.0 160.0 144.0 107.3 100.1 156.9 96.4 119.0 154.0 165.0 99.0 111.1 161.0 165.1 97.4 100.0 105.0 106. 0 140.0 141.0 148.0 151.0 110.0 01.1 145.1 43.5 96.1 105.2 100.0 105.0 113.6 117.3 129.2 24.6 127.3 101.6 90.9 116.0 176.0 210.4 82.5 126.9 104.4 89.2 115.0 178.9 213.6 85.2 128.4 113.2 84.7 112.3 169.6 202.1 70.3 126.6 119.0 88.9 110.9 170.3 206.1 69.8 125.6 124.8 90.0 109.8 173.8 213.4 137.3 127.3 130.6 86.5 111.0 178.5 226.9 80.1 128.3 29.8 127.6 124.8 87,0 84.5 111.3 112.0 176.4 186.0 234.5 252.6 82.5 95.8 172.3 94.9 116.0 165.0 163.6 105.0 125.3 187.2 101.1 104.0 137.0 145.8 114.2 128.5 194.3 96.3 110.0 143.0 156. 9 114.4 116.5 195.1 96.3 112.0 142.0 167.4 118.6 128.0 88.4 104.8 102.2 135.4 124.8 80.2 110.7 180.3 229.0 96.2 128.7 124.8 89.9 110.8 189.3 275.0 127.1 130.6 127.6 90.5 109.6 188.3 280.3 80.3 132.4 136.4 92.6 108.0 184.9 283.7 85.7 BUSINESS CONDITIONS IN MARCH PRODUCTION Industrial output during March, after adjustment for seasonal variations, showed a gain over both the preceding month and March of last year, the gains over both periods being due principally to larger production of manufactured commodities. As compared with the preceding month, all manufacturing groups showed larger output except food products, leather and shoes, cement, brick and glass, rubber tires, and tobacco manufacture. As compared with last year, all groups showed larger output, except food products and leather and shoes, which declined. COMMODITY STOCKS Stocks of commodities held at the end of March were lower than at the end of the preceding month but Wholesale trade in March showed larger sales volume than in either the preceding month or March, 1928. Contrasted with the previous month, all lines for which data are available showed larger business, the principal gains being reported in boots and shoes, hardware, men's clothing, and drugs. As compared with a year ago, gains in wholesale trade registered by dealers in meats, drygoods, and clothing were more than sufficient to offset declines in groceries, boots and shoes, drugs, and furniture. Sales by department stores showed gains over both the preceding month and March of last year. Merchandise stocks held by department stores at the end of March were greater than at the end of the preceding month but showed no change from last year MANUFACTURING PRODUCTION BY MAJOR GROUPS (Relative numbers, monthly average 1923-1925, taken as 100, adjusted for seasonal variations) 1923 1924 1925 1926 1927 1928 1929 were higher than a year ago. Inventories of both raw materials and manufactured goods showed declines from the preceding month and gains over last year, the principal increase over a year ago being registered in raw materials. SALES The general index of unfilled orders showed a gain over both the previous month and March of last year. Compared with February, forward business, for all groups for which data are available, showed gains except textiles, which declined. Compared with last year, all groups showed larger unfilled orders. 1923 1924 1925 1926 1927 1928 1929 Sales by mail-order houses showed large gains over both the preceding month and the same month of last year, the increase over 1928 amounting to 25 per cent, being due in part to the establishment of new retail merchandising units. The volume of business transacted by 10-cent chain stores also showed large gains over both periods. Reports from grocery, wearing apparel, drug, cigar, candy, and shoe chains indicated larger business than in either the preceding month or March of last year, the largest relative gains occurring in the sales of shoe, candy, and wearing apparel chains. PRICES Wholesale prices were generally higher in March than in the preceding month or March, 1928. Contrasted with February, gains were reported in prices for farm products and metals and metal products more than sufficient to offset the decline registered in prices for hides and leather products. Remaining groups included in the general index showed no price change from the previous month. Increases over March, 1928, recorded in prices for metals, building materials, and farm products were more than sufficient to offset declines in hides and leather, textiles, housefurnishing goods, and certain miscellaneous items. The index of prices received by farmers for their produce likewise averaged higher in March than in either the preceding month or March a year ago. Prices for grains, fruits and vegetables, meat animals, The principal declines in living costs from a year ago were registered in shelter and clothing, where the relative decrease was 4 per cent. EMPLOYMENT The general index of factory employment showed a gain of 2 per cent over the preceding month and more than 5 per cent over a year ago. As compared with the previous month, employment gains were registered in all industrial groups except food products and leather, which declined, and lumber and tobacco products, which showed no change. The principal relative gain over the previous month was registered in chemical factories where the increase in employment amounted to 6 per cent. As compared with a year ago, all manufacturing groups showed larger employment in March except leather, stone, clay, and glass, and tobacco FACTORY EMPLOYMENT, BY GROUPS [1926 monthly average=100. March, 1929, is latest month plotted] 100 100 IRON AND STEEL PAPER AND PRINTING 1923 1924 1925 1926 1927 1928 1929 and cotton and cottonseed averaged higher than in February, while prices for dairy and poultry and certain unclassified products declined. Higher prices for meat animals, dairy and poultry products, cotton and cottonseed than prevailed in March, 1928, were more than sufficient to offset the declines which were registered in prices for grains and fruits and vegetables. The principal increase in prices paid to farmers over a year ago was recorded in meat animals. The cost of living index showed a fractional decline in March from both the preceding month and March of 1928. 1923 1924 1925 1926 1927 1928 1929 products, where employment was lower, and food products, textiles, lumber, which were unchanged. The largest relative gains in employment over a year ago were registered in vehicle, nonferrous metal, iron and steel, and certain miscellaneous factories, including rubber tires, the relative gains amounting in each instance to 10 per cent or more. Factory pay-roll payments in March were 2 per cent greater than in February and almost 10 per cent larger than a year ago. The gains over the preceding month were distributed throughout all manufacturing groups with the exception of food products and leather. WHOLESALE PRICES FOR SPECIFIED COMMODITIES Eelative numbers, 1926 monthly average taken as 100. March, 1929, is latest month plotted. Data from wh ch these charts are drawn are given on the opposite page] FLOUR, WINTER WHEAT, NO.2, HARD, WINTER OATS CORN, NO.2 160 •' \ ..1 140 X Ni 120 .a 100 •* ••' •• 80 *, \ ** V° .' 160 •. ^ /w • V A •• ... 140 ^ \X .' t»* T HOGS, ••* i A S ^j 120 MM 80 60 U/v • • •* •., .., ... J *> «• ••' •, '••< ..' . .. -., ... COTTON PRINT CLOTH 75 S • L.EATHER.SOLE, OAK HIDES, PACKERS 190 *• •* * - •• .. • * .. •• *• V \ 130 •M 100 * . ••• ^ N* AM •M A* «• •* '\ M*< 100 PIG IRON, FOUNDRY Pf» 80 60 •• -»» COPPER INGOTS 180 V IOC •• so AA/-V kAAA 100 .., ami •OB 80 60 VvA/ /VW v^ CEMENT LU MBER, PINE, FLOORING hUl *» 80 ^ BRICK, COMMON ** -m ** 60 ZINC IOC) AA/v lAAA- STEEL BEAMS 120 .. ..1.1.1 *& TIN 120 140 ** *«• WV /VV 120 COKE BITUMINOUS COAL 100 60 vw\ •VW PETROLEUM LE ATHER, CHROME, CALF 180 140 AA/V AW •B AAA/ • 192 : a oon •• ..j.., *-Wv. •Wv 1 1 S5 <£ $2 ii § is <i i «i £o £z £ci =! i \ * ^ J SILK, RAW WORSTED YARNS 70 VW '.. 50 ••' ^ •• „^ 160 RUBBER, SMOKED SHEETS V/O(3L, 1/4 BLOOD COMBING >PI* 100 • •' ^ IOC 4% ..J ^ 25 wv COTTON YARN .. •*' *. ... •* w \AA COTTON, RAW 120 !•• X .-' *' \ COTTONSEED OIL '*' .. ... Nn •• ••• 140 ^.' •' .. .. * • a.c 100 X SUGAR, GRANULATED SUGAR, RAW HAMS, SMOKED c •* ** • • -. 80 J- ..• .«' A/w HEAVY 100 80 • "*• , BEEF, CARCASS .'* ^^ •* -Wf CATTLE, STEERS '. ^rt *•< ', ... •• .. • .. 180 60 ... • . • •i 60 wv* 120 *. , •• M 1 1 H I H§i i M i S H l H S '• 19 I | WHOLESALE PRICES FOR SPECIFIED COMMODITIES NOTE.—Prices to producer on farm products and market price of wool are from U. S. Department of Agriculture, Bureau of Agricultural Economics, nonferrous metals from the Engineering and Mining Journal-Press, except tin, which is from the American Metal Market. All other prices are from U. S. Department of Labor, Bureau of Labor Statistics. So far as possible all quotations represent prices to producer or at mill. 1 RELATIVE PRICE ACTUAL PRICE (dollars) 1926 average =100 Unit COMMODITIES February, 1929 March, 1929 March, 1928 January, Febru- March, Febru- March, 1928 1929 ary, 1928 ary, 1929 1929 FARM PRODUCTS-AVERAGE PRICE TO PRODUCER Wheat Corn Potatoes Cotton Cottonseed Cattle beef Hogs Lambs Bushel Bushel Bushel Pound.. _ Ton... Pound . Pound-. Pound 1.042 .868 .595 .180 38.73 .0889 .0888 .1260 1.047 .887 .584 .188 39.36 .0916 .1000 .1312 1. 216 .862 1.131 .178 37.77 .0881 .0748 .1231 73 115 32 119 140 139 69 106 77 124 32 119 142 138 75 109 78 127 31 125 145 142 85 113 86 113 52 113 138 135 65 103 90 123 61 118 139 136 63 106 Bushel Bushel Bushel . . Bushel Bushel Bushel . . Cwt Pound.. Pound Cwt Cwt. Cwt Cwt . 1.297 1.447 .969 .532 .618 1.121 21. 484 .202 .55 12. 063 10. 125 7.719 15. 594 1.265 1.338 .948 .517 .593 1.084 22. 270 .212 .52 12. 844 11. 394 8.419 16. 188 1.315 1.619 .991 .607 .991 1.202 12. 467 .195 .52 13. 719 7.825 8.406 15. 375 79 91 121 122 87 109 332 115 120 142 74 127 114 84 94 128 124 89 118 254 115 120 127 82 117 114 82 87 125 120 85 114 263 121 113 135 92 128 118 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 Barrel Barrel Pound Pound _ Pound Pound. Pound Pound Pound Pound 6.813 5.725 .037 .049 .109 .209 .215 .231 .50 .235 6.669 5.715 .037 .048 .106 .211 .217 .238 .48 .235 7.538 6.880 .045 .057 .096 .205 .221 .207 .49 .235 75 76 88 92 87 146 144 76 107 103 81 79 86 89 92 127 126 75 111 103 79 79 85 88 90 129 127 77 107 103 88 92 98 102 78 129 135 68 104 103 90 95 104 104 81 125 130 67 109 103 Pound _. Yard Yard Pound Yard Yard Yard Pound Dozen pair.. .372 .075 .089 1.575 .975 2.008 1.959 5.096 9.500 .377 .077 .089 1.575 .975 2.008 1.959 4.998 9.500 .366 .076 .092 1.525 1.025 2.008 2.095 5.194 10. 000 107 101 97 110 94 100 92 81 82 104 100 96 110 94 100 90 82 82 105 102 96 110 94 100 90 81 82 101 103 102 105 97 97 97 85 89 102 101 99 106 99 100 97 84 86 Pound . Pound _ _ Square foot__ Pound PairPair .153 .171 .510 .570 6.750 4.85 .145 .183 .490 .550 6.750 4.85 .237 .269 .600 .650 6.750 4.90 146 126 117 135 106 100 109 98 113 130 106 100 103 105 108 126 106 100 176 168 132 148 106 101 169 155 132 148 106 101 Net ton Net ton Long ton _ Short ton Barrel — 4.029 4.592 13. 107 2.963 1.110 3.995 4.393 13. 077 2.994 1.110 4.073 4.484 13. 207 2.719 1.190 94 95 95 67 63 93 96 95 72 59 93 92 95 73 59 94 94 96 66 64 94 94 96 66 63 Long ton Long ton Long ton Pound Pound Pound Pound Pound 19. 260 17. 500 33. 250 .1773 .224 .0685 .4937 .0635 19. 510 17. 500 34. 000 .2126 .252 .0745 .4885 .0646 19. 010 17. 000 33. 000 .1385 .188 .0600 .5218 .0562 93 94 94 120 112 79 75 87 93 94 95 129 118 81 76 87 95 94 97 154 132 88 75 88 92 92 94 100 99 75 80 76 92 92 94 100 99 71 80 77 M feet Thousand- 36.89 11.50 37. 55 11.50 35.69 13.25 81 70 82 70 83 70 80 82 79 81 Barrel Cwt__ Pound Ton Cwt Cwt 1.650 1.900 .239 15. 500 2.450 3.250 1.650 1.900 .244 15. 500 2.450 3.250 1.683 1.900 .266 15. 500 2.525 3.250 95 97 41 107 86 94 95 97 49 107 86 94 95 97 50 107 86 94 97 95 67 107 88 94 97 97 55 107 88 94 _ .. _ .. FARM PRODUCTS-MARKET 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, H 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) _ _. . _ TEXTILES Cotton yarns, carded, white, northern, mule spun, 22-1-cones (Boston).. Cotton-print cloth, 64 x 60-38>i"-5.35— yards to pound. Cotton sheeting, brown 4/4 Trion (New York). Worsted yarns, 2/32's cross-bred stock, white, in skein (Boston) Woman's dress goods, French, 39 inches at mills, serge . . Suitings, unfinished worsted — 13-ounce, mill _ Suitings, serge, 11-ounce, 56-58 inch Silk, Japan, 13-15 . . _ Hosiery, women's, pure silk, mill LEATHER Hides, green salted, packers' heavy native steers (Chicago) Hides, calfskins, No. 1, country, 8 to 15 pounds (Chicago) Leather, chrome calf, dull or bright "B" grades (Boston) Leather, sole, oak, scoured backs, heavy (Boston) Boots and shoes, men's black calf, blucher ( Massachusetts) __ Boots and shoes, men's dress welt tan calf oxford (St. Louis) FUEL Coal, bituminous, mine-run (composite price) . . Coal, bituminous, prepared sizes (composite price) Coal, anthracite, chestnut (composite price) Coke, Connellsville (range of prompt and future) furnace — at ovens Petroleum, crude, Kansas-Oklahoma— at wells... METALS Pig iron, foundry No. 2, northern (Pittsburgh) Pig iron, basic, valley furnace ._ _ Steel billets, Bessemer (Pittsburgh) Copper ingots, electrolytic, early delivery (New York) Brass, sheets, mill Lead, pig, desilverized, for early delivery (New York) Tin, Straits (New York) Zinc, slab, western (St. Louis) _ 1 BUILDING MATERIAL AND MISCELLANEOUS Lumber, pine, southern, yellow flooring, mill Brick, common red, domestic building (New York).. Cement, Portland, net without bags to trade, f. o. b. plant (Chicago district) Steel beams, mill (Pittsburgh) ... ... Rubber, smoked sheets (New York). . . Sulphuric acid 66° (New York) Wood pulp, sulphite, domestic, unbleached, news grade (New York) Newsprint, rolls, contract, mill _ I MEASURES OF INDUSTRIAL AND COMMERCIAL ACTIVITY (Relative numbers, monthly average 1923-1925 taken as 100) NEW BUILDING CONTRACTS AND AUTOMOBILE PRODUCTION 180 TOTAL AUTOMOBILE PRODUCTION (UNITED STATES) 15 MINERAL PRODUCTION AND RAILROAD TON-MILEAGE 160 50 FACTORY EMPLOYMENT, MANUFACTURING. AND ELECTRIC POWER PRODUCTION 200 ELECTRIC POWER PRODUCTION 401. , 1 i , I . i I . i i . i ! i . I . , 1 i i I . i I i i I i. i I . . 1 . . 1 i i I . i I i i I . . 1 i i I . . I i i I i i I . i I i i I i i I i i I i i I i i I i i I i i I i i I i i I i i I i i I i i I i i I i i I i i I . jJ CHECK PAYMENTS AND RETAIL TRADE 250 1920 1921 1922 1923 1924 1925 1926 1927 1928 1929 REVIEW OF PRINCIPAL BRANCHES OF INDUSTRY AND COMMERCE TEXTILES , Imports of wool in March, reduced to a grease equivalent, were greater than in either the preceding month or March of last year. Consumption of wool by textile mills was greater than in either the previous month or March of last year. Wool machinery showed gains in activity likewise, as compared with both the preceding month and the same month of 1928. Receipts of cotton into sight were larger than in March of last year. Exports of raw cotton, however, declined 7 per cent from a year ago. Consumption of cotton showed gains of 6 per cent and 9 per cent, respectively, over the preceding month and March, 1928. Rayon imports continued to show gains over both the preceding month and the same period of last year. Production of cotton textiles in March, although greater than in the preceding month, was substantially smaller than a year ago. Shipments of cotton textiles showed similar comparisons. New orders and unfilled orders, however, were larger than in either the preceding month or the corresponding month of 1928, while stocks of cotton textiles showed declines from both periods. The output of fine cotton goods showed a gain over both the preceding month and the same month of last year. Exports of cotton cloth were greater than in either the preceding month or March, 1928. For the first three months of the THE TEXTILE INDUSTRIES [Eelative numbers, monthly average 1923-1925, taken as 100. March, 1929, 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] i so r 1923 1924 1925 1926 1927 1928 1924 1925 1926 1927 1928 1929 For the first quarter of the year cotton consumption was 9 per cent larger than in the same quarter of last year. Stocks of cotton held at mills and in public storage at the end of March were 4 per cent lower than a year ago. Cotton prices averaged higher than in either the previous month or March of last year. Silk imports showed declines from both the preceding month and the corresponding period a year ago. Deliveries of silk to consuming establishments were greater than February but smaller than last year. 4TGG6—29 2 1923 1924 1923 1924 1925 1925 1926 1927 1928 1929 1926 1927 1928 !829 current year cotton cloth exports were almost 50 per cent larger than in the same period of last year. Prices for cotton goods were generally higher than in either the preceding month or the same period of 1928. Cotton finishers showed larger activity than in either the preceding month or March a year ago, while stocks of finished goods in the hands of finishers were smaller than in either period. Unfilled orders were substantially larger than a year ago. More textiles were spread with pyroxylin in March than in either the preceding month or a year ago. 10 METALS Pig-iron production in March was 16 per cent larger than in either the preceding month or March a year ago. For the first quarter of the year the output of pig iron was likewise 16 per cent greater than in the same period of 1928. More furnaces were in blast at the end of March than at the end of the preceding month or the end of March, 1928. Wholesale prices for pig iron advanced, both as compared with the preceding month and March a year ago. The output of steel ingots in March was the largest on record, showing a gain of 17 per cent over the preceding month and 12 .per cent over a year ago. For the first quarter of the year steel-ingot production was more than 10 per cent greater than in the same period of 1928. Unfilled steel orders at the end of either the preceding month or March of last year. For the first three months of the current year new orders for castings *were 39 per cent larger than in the same period of a year ago. New orders for steel boilers showed gains over both the preceding month and March of last year, while for the first quarter of the year, measured in square feet of heating area, new orders showed a gain of 7 per cent over the same period of 1928. Production and new orders of malleable castings were also greater than in either the preceding month or March a year ago. Production of track work showed a substantial gain over February but was somewhat smaller than a year ago. Shipments of enameled sanitary ware were greater than in February but showed a decline from a year ago. For the first quarter of the year shipments and THE METAL INDUSTRIES [Relative numbers, monthly average 1923-1925 taken as 100. March, 1929, is latest month plotted] 1923 1924 1923 1924 1925 1926 1927 1928 1929 1923 1924 1 925 1 926 1927 1 928 1 929 1926 1927 1928 1929 1923 1924 1925 1926 1927 1928 1929 March showed gains over both the previous month and March a year ago. The production of steel sheets by independent manufacturers showed a gain over the preceding month but was somewhat lower than a year ago. For the first quarter of the year the output of steel sheets was 7 per cent larger than in the same period of last year. New orders for fabricated structural steel were larger than in any other month on record. For the first quarter of the year structural-steel orders were 23 per cent greater than in the same period of 1928. New orders for steel castings were greater than in new orders of enameled sanitary ware were lower than in the same period of 1928. Shipments of water softeners showed a gain over the preceding month but a substantial decline from last year. New orders for machine tools were slightly lower than in the preceding month but were considerably greater than a year ago. The output of copper continued to show gains over both the preceding month and the same month a year ago. For the first quarter of the year copper output by domestic mines was 28 per cent greater than in the same period of 1928. Stocks of refined copper were 39 per cent lower than a year ago. 11 FUELS Production of bituminous coal showed declines from both the preceding month and March a year ago. For the first quarter of the year, however, the output of bituminous was almost 7 per cent greater than in the same period of 1928. Anthracite production also showed declines from both the preceding month and March of last year. For the first three months of the year the production of anthracite was 14 per cent greater than in the corresponding quarter of a year ago. The output of coke was greater than in either the preceding month or the corresponding month of a year ago. AUTOMOBILES AND RUBBER A new record was established in March in the production of automobiles in the United States. For the first three months of the year pneumatic-tire production was about 14 per cent greater than in the same period a year ago. HIDES AND LEATHER Imports of hides and skins in March were greater than in the preceding month but smaller than a year ago. For the first three months of the current year imports were 12 per cent smaller than in the same period of last year. Prices for cattle hides averaged lower than in either the preceding month or March a year ago. Calfskins showed higher average prices than in February but were lower than in last year. More cattle and calves were slaughtered in the United States during March than in the preceding month but a decline was registered as compared with a year ago. The output of sole leather showed a gain over the pre- PRODUCTION AND STOCKS OF GASOLINE (Relative numbers, monthly average 1923-1925 taken as 100. February, 1929, is latest month plotted) 220 200 180 160 1923 1924 1925 first quarter of the year total output of automobiles was 51 per cent greater than in the same period of 1928. For Canada there was a gain in the output of automobiles in the first quarter amounting to 143 per cent. Exports of automobiles from the United States continued to show gains, the increase over a year ago amounting to more than 50 per cent. Exports of accessories and parts were likewise larger than a 3^ear ago. Imports of rubber were smaller than in the pre ceding month but greater than a year ago. For the 1926 1927 1928 1929 vious month but was 16 per cent smaller than a year ago. For the first quarter of the year sole-leather production showed a decline of about 8 per cent from the same quarter of last year. Exports of sole and belting leather showed gains over both the preceding month and March of last year. Prices for sole leather averaged lower than in either the preceding month or March a year ago. Exports of upper leather showed a gain over the previous month but was lower than a year ago. Prices of upper leather averaged lower than in either period. 12 BUILDING AND CONSTRUCTION smaller than in the same period of 1928. Stocks of Construction costs were somewhat higher than last maple flooring at the end of March were lower than a year. The value of new building contracts awarded i year ago, while oak flooring stocks showed a gain. in March was greater than in the preceding month Unfilled orders for flooring, both types, were larger but showed a decline from the previous year. For than a year ago. Production of fir doors was greater the first quarter of the year new contracts were lower than in the preceding month. New orders for doors in value by 16 per cent than in the same period of were likewise larger than in February. The output 1928. Analysis of the figures for the quarter, how- of Douglas fir plywood was greater than in the previous ever, shows a gain of 25 per cent in the value of new month. Receipts and purchases of rotary-cut veneers building awards for commercial structures, a gain of showed gains over the previous month and March of 47 per cent in industrial buildings, a decline of 35 last year. per cent in residential construction, a gain of 3 per STONE, CLAY, AND GLASS PRODUCTS cent in educational structures, and declines of 29 and 23 per cent, respectively, in awards for public and The output and shipments of face brick showed gains semipublic buildings and public works. over both the preceding month and March a year ago. PRODUCTION, SHIPMENTS, AND STOCKS OF PNEUMATIC TIRES [Relative numbers, monthly average 1923-1925, taken as 100. March, 1929, is latest month plotted.] 300 1921 1922 LUMBER AND LUMBER PRODUCTS The output of lumber was greater than in February but showed a decline from a year ago in most of the principal species. Exports of lumber showed gains over both the preceding month and the corresponding period of last year. For the first quarter of the year exports were about 6 per cent greater than in the same period of 1928. Sales of lumber at retail in the Minneapolis Federal reserve district showed a decline from a year ago, while in the Kansas City district a gain was registered. Retail sales of lumber in each of these districts during the first quarter of the year showed declines from the same period of last year. The production of flooring, both oak and maple; showed declines from a year ago. For the first quarter of the year oak and maple flooring output was likewise 929 New orders for porcelain plumbing fixtures showed a gain over the previous month. New orders for terra cotta showed declines from both the previous month and a year ago. The output and shipments of Portland cement showed gains over the preceding month and declines from last year. For the first quarter of the year production and shipments showed declines from 1928. New awards for concrete pavement showed a gain over the previous month but a decline from last year. The output of polished plate glass showed gains over both periods. During the first quarter of the year polished plate-glass production was 14 per cent larger than a year ago. Production of glass containers showed gains over both the preceding month and March, 1928. 13 FOODSTUFFS ANI> TOBACCO The visible supply of wheat, both in the United States and in Canada, at the end of March was only slightly less than at the end of the previous month and greater than a year ago. Wheat receipts at the principal markets showed a similar tendency, while exports were larger than for either prior period. Wheat prices averaged lower than during either the previous month or March, 1928. Eeceipts, shipments, and local slaughter of cattle were considerably larger than during the previous month, although slightly less than during March, 1928. The output of inspected beef showed a similar A substantial increase in the production of butter, as compared both with the previous month and the corresponding month of last year, was accompanied by decline in price from both periods. The output of cheese also showed an increase from the output of last month but was considerably less than a year ago. Receipts of eggs at the principal markets were also less than during March, 1928. Imports of sugar increased seasonally and were substantially larger than a year ago. Sugar meltings also exceeded those for either prior period, and stocks both of raw and refined sugar continued to mount. Sugar prices declined as compared both with the CONSUMPTION AND EXPORTS OF CIGARETTES (Relative numbers, monthly average 1923-1925 taken as 100. March, 1929, is latest month plotted) 200 1923 1924 1925 tendency, while exports were substantially larger than for either prior period. Cold-storage holdings continued to decline but were considerably larger than a year ago. Cattle prices were higher than during the preceding month but were generally lower than a year ago. Receipts and shipments of hogs were less than during either the previous month or the corresponding month of last year. Local slaughter showed a similar tendency. Production also declined from both prior periods and exports, while slightly greater than in February, were less than a year ago. Pork prices responded to the diminished supply by increasing substantially from the average for either the previous Digitized month for FRASER or the corresponding month of 1928. 1926 1927 1928 1929 previous month and with March, 1928. Imports of coffee showed little change, being slightly greater than during February, and slightly less than a year ago. The visible supply of coffee, both for the United States and for the world, was somewhat smaller than for either prior period, and prices, while slightly lower than during February, were above those prevalent during March, 1928. Tobacco consumption exceeded that of the previous month, the consumption of cigarettes also exceeding that of a year ago. Tobacco exports, on the other hand, were considerably less than during either prior period. 14 TRANSPORTATION Freight-car loadings during March were slightly larger than during the corresponding month of last year, increases in shipments of ore, merchandise, and miscellaneous products more than offsetting declines in shipments of grain, livestock, coal, and forest products. Freight-car surplusages, while greater than during February, were also substantially smaller than a year ago. Shipments of railway locomotives by manufacturers continued at a much lower level than distribution exceeded those for either the previous month or the corresponding month of last year. DISTRIBUTION MOVEMENT Sales by mail-order houses and 10-cent chain stores uniformly exceeded those of the preceding month and the corresponding month of last year. Newspaper and magazine advertising also showed considerable gain over both prior periods. Postal receipts at the 100 principal cities were slightly less than a year ago. BUSINESS FAILURES AMONG MERCHANTS f Actual number of failures, plotted as 12 months' moving monthly averages on the end month! 200 CLOTHING AND FURNISHINGS 180 160 140 120 GENERAL STORES 100 1923 1924 1925 a year ago, although unfilled orders showed a substantial increase from both prior periods. BANKING AND FINANCE 1926 1927 1928 1929 Both the number and liabilities of bankrupt concerns were slightly greater than in February but were much less than during the corresponding month of 1928. The number of business failures in Canada were slightly greater but the liabilities were very much less than for either prior period. Check payments outside New York City exceeded those of either the previous month or of March, 1928. Loans and discounts of the Federal reserve member GOLD, SILVER, AND FOREIGN EXCHANGE banks were also greater than for either prior period. Receipts of gold at the mint were slightly greater The Federal reserve ratio, while slightly greater than at the end of February, declined from last year's than during the previous month but less than a year level. Interest rates on both time and call loans ex- ago. The output of gold at the Rand mines showed a ceeded those of the previous month and were much similar tendency. Only slightly less gold was imported higher than a year ago. during March than during the previous month but New sales of life insurance showed substantial in- imports were almost ten times larger than a year ago. creases both in number and in the amount of insurance, Gold exports continued at a very low level. Silver proas compared with both the previous month and duction in the United States was slightly larger than March, 1928. Prices for stocks were generally higher during February but less than a year ago. Imports than during February and March, 1928. Bond prices, however, were much larger than during either prior on the other hand, declined from both prior periods. period, and prices, while averaging slightly above those Dividend and interest payments scheduled for March -of the previous month, were lower than a year ago. 15 PROSPECTIVE CARLOADINGS, SECOND QUARTER OF 1929 Loadings of commodities by railroads in carload lots for the second quarter of 1929 are estimated by the regional advisory boards set up by the American Railway Association at 7.5 per cent above the same period of 1928. These estimates are compiled from detailed reports obtained from shippers, as first described in the August, 1927, issue of the SURVEY OF CURRENT BUSINESS, page 20, and are comparable to similar data published quarterly since that time. The various economic districts set up by these boards are shown in the accompanying map. Estimated loadings of all commodities for the second quarter of 1929 will be greater than a year ago, except for hay, straw, alfalfa, cottonseed and products, potatoes, livestock, gravel, sand and stone, fertilizers, and canned goods. The largest numerical increase over a year ago is estimated for loadings of coal and coke, while the greatest relative increase is estimated for citrus fruits and automobiles at 48 and 18 per cent, respectively. In only one out of the 13 districts is a decrease estimated in the corresponding quarter of 1928, the southeast district, where the decrease is estimated at 1 per cent. The greatest relative increase in loadings over 1928 is estimated for the midwest district, at 18 per cent. The next largest increase is shown for the Allegheny district, where the gain is expected to approximate 14 per cent. In both these districts the principal gains over 1928 are due to larger anticipated loadings of coal and coke. Gains of 5 per cent or more are indicated for the New England, Allegheny, Great Lakes, Ohio Valley, midwest, southwest, and Pacific coast districts. REGIONAL ADVISORY BOARD DISTRICTS PROSPECTIVE CARLOADINGS, SECOND QUARTER OF 1929 COMPARED WITH ACTUAL LOADINGS, SAME QUARTER OF 1928 (As reported by commodity committees, of the regional shippers' advisory boards, and compiled by The American Railway Association) Number of cars Actual 1928 COMMODITY Estimated 1929 Per Number of cars Per Number of cars Per Number of cars Per cent cent cent cent inc. inc. inc. inc. EstiEstiEstiActual Actual Actual mated or dec. or dec. 1928 mated or dec. mated or dec. 1928 1928 1929 1929 1929 District No. 12 NEW ENGLAND District No. 8 ATLANTIC STATES District No. 9 ALLEGHENY o* ALL DISTRICTS 1 Grain, a l l . . Flour, meal, and other mill products Hay, straw, and alfalfa. Cotton Cottonseed and products, except oil 2 3 4 5 . 294, 319 224, 383 71, 959 37, 858 14, 188 339, 544 230, 883 64, 120 40, 057 13, 391 +15.4 +2.9 -10.9 +5.8 -5.6 4,050 2,720 1,112 1,461 61 4,050 2,720 1,100 1,475 61 -1.6 24, 855 77, 888 70, 737 76, 161 346, 947 36, 664 83, 119 63, 050 80, 846 334, 233 +47.5 +6.7 -10.9 +6.2 -3.7 21 2,307 8,958 489 1,402 21 2,310 8,900 490 1,262 -0.6 46, 964 2, 305, 911 556, 575 879, 965 32, 214 49, 136 2, 645, 556 602, 841 874, 829 33, 664 +4.6 +14.7 +8.3 -0.6 +4.5 95 22, 764 67 15, 696 34 95 22. 760 67 17, 266 34 4,079 11, 427 10, 306 4,079 11,427 10, 306 14, 165 8,227 3,691 16, 998 7,569 3,986 1,695 375, 624 22, 733 91, 490 9,445 1,763 383, 136 22, 733 90, 301 9,445 983 1,635 1,691 885 1,553 1,691 -10.0 -5.0 +20.0 -8.0 +8.0 835 433 284 1,406 835 476 284 1,406 +10.0 +4.0 +2.0 664, 949 781, 980 +17.6 -1.3 49, 763 56, 033 +12.6 35, 091 60, 546 8,892 77, 224 12, 891 35, 091 66, 600 +10.0 12, 217 +37.4 84, 946 +10.0 15, 489 +20.0 14, 701 26, 982 15, 230 29, 275 +3.6 +8.5 196, 588 5,917 211, 135 6,568 +7.4 +11.0 +25.0 +1.0 64, 606 12, 783 16, 056 67, 190 13, 422 16, 056 +4.0 +5.0 13, 016 46, 474 3, 101 13, 771 48, 984 3,358 +5.8 +5.4 +8.3 196 212 +8.2 9,421 23, 959 25, 382 7,004 4,340 -33.4 -0.7 +14.0 +7.5 -50.0 4,909 4,877 6,770 1,778 5,061 5,355 7,684 2,005 +3.1 +9.8 +13.5 +12.8 942, 840 +2.9 1, 047, 288 1, 193, 781 +14.0 +1.0 8 9 10 Citrus fruits .. Other fresh fruits Potatoes Other fresh vegetables Livestock 11 12 13 14 15 Poultry and dairy products ._ Coal and coke Ore and concentrates __ Gravel, sand, and stone. ... _ . Salt 16 17 18 19 20 Lumber and forest products. . Petroleum and petroleum products Sugar, sirup, and molasses . Iron and steel Machinery and boilers 924, 672 539, 972 42, 481 483, 033 56, 040 942, 527 579, 281 47, 097 531, 345 61, 385 +1.9 +7.3 +10.9 +10.0 +9.5 28, 336 21, 362 1,831 6,622 5, 023 28, 300 25, 207 1,830 7,284 5,776 21 22 23 24 Cement Brick and clay products... . Lime and plaster Agricultural implements and vehicles, other than automobiles 240, 923 186, 037 71, 937 253, 448 192, 984 72, 763 +5.2 +3.7 +1.1 *4, 303 4,792 4,404 *5, 379 4,839 4,404 35, 265 38, 979 +10.5 163 160 25 26 27 28 29 Automobiles, trucks, and parts. . Fertilizers, all kinds Paper, paper board, and prepared roofing Chemicals andJ explosives Canned goods 263, 260 155, 694 104, 251 24, 342 35, 039 309, 907 145, 627 110, 988 26, 317 32, 133 +17.7 -6.5 +6.5 +8.1 -8.3 1,821 8,724 20, 899 654 1, 279 2,185 8,720 21, 317 686 1,279 +20.0 +2.0 +4.9 14, 145 24, 127 22, 266 6,516 8,680 +7.5 171, 450 179, 977| +5. 0 916, 705 6 Total, all commodities listed 1 _. _ 8, 223, 870 8, 836, 714 All canned food products, including catsups, jams, jellies, olives, pickles, preserves, etc. * Includes only loading within territory comprising New England Shippers' Advisory Board. -16.6 +10.0 +18.0 +10.0 +15.0 16 PROSPECTIVE CARLOADINGS, SECOND QUARTER OF 1929—Continued COMPARED WITH ACTUAL LOADINGS, SAME QUARTER OF 1928 | (As reported by commodity committees, regional shippers' advisory boards, and compiled by American Railway Association) Number of cars Number of cars Number of cars Per cent Per cent Number of cars Per cent Number of cars Per cent inc. inc. inc. inc. inc. } Esti- (t} Actual Esti- or(+) Esti- .(+) Esti. or(tdec. Esti- or(t> dec. Actual Actual mated or dec. or dec. Actual Actual dec. 1928 1928 mated 1928 mated 1928 mated 1928 mated (-) (-) (-) (-) (-) 1929 1929 1929 1929 1929 Item No. COMMODITY 1 2 3 4 5 Per cent District No. 2 GREAT LAKES Grain, all _ Flour, meal, and other mill products Hay straw and alfalfa -- . Cotton -Cottonseed and products, except oil 22, 815 34, 154 8, 796 27, 500 +20.5 35, 500 +3.9 8,800 513 2,300 635 9,640 500 -J5 3,000 +30.4 500 -21.3 9,350 -3.0 District No. 4 OHIO VALLEY District No. 6 SOUTHEAST 6,188 18, 637 1,963 21, 724 8,275 6,497 +5.0 19, 569 +5.0 1,767 -10.0 i 21, 724 7,447 -10.0 6,150 25, 839 21, 869 24, 141 10, 418 7,196 +17.0 28, 165 +9.0 19, 682 -10.0 26, 314 +9.0 10, 210 -2.0 6 7 8 9 10 Citrus fruits __ _ Other fresh fruits Potatoes ._ Other fresh vegetables Livestock 11 12 13 14 15 Poultry and dairy products Coal and coke _ Ore and concentrates Gravel, sand, and stone Salt 16 17 18 19 20 Lumber and forest products Petroleum and petroleum products Sugar sirup, and molasses Iron and steel _ Machinery and boilers 13, 573 16, 902 1,737 57, 524 13, 833 13. 750 17, 500 1,850 59, 000 14, 000 +1.3 295, 310 297, 230 +0.7 +3.5 53, 539 56, 751 +6.0 +6.5 9,196 9,196 +2.6 31, 085 31, 085 +1.2 2,800 3,080 "+I6."6 21 22 23 24 Cement Brick and clay products Lime and plaster Agric. implements and vehicles, other than automobiles 13, 849 13, 070 16, 500 14, 000 13, 150 17, 000 +1.1 +0.6 +3.0 6,583 6,600 25 26 27 28 29 Automobiles trucks and parts Fertilizers, all kinds . Paper, paper board and prepared roofingChemicals and1explosives Canned goods - _ _ _ - - Total, all commodities listed _ 17, 499 120, 538 96, 660 9,121 3, 964 26, 413 35, 400 +10.0 4,281 28, 900 1,911 2,102 +10.0 17, 750 +1.4 141, 001 146, 862 +4.2 715,406 765,484 149, 000 +23.6 31, 639 31, 639 99, 000 +2.4 123, 326 106, 852 -Is. 4 115,681 126, 500 I! 10, 450 +14.6 139 139 2,900 664, 837 728, 591 22, 093 28, 006 12, 020 +0.3 . 537 168, 500 189, 791 +12.6 6,041 6,200 +2.6 11, 304 11, 500 +1.7 2,750 32, 182 +5.5 3,070 87, 408 5,662 3,407 1,541 21, 099 -4.5 30, 807 +10.0 12, 020 63, 025 30, 978 10, 844 69, 327 +10.0 27, 880 -10.0 8,674 -20.0 54, 687 34, 758 2,444 74,000 +35.3 35, 000 +0. 7 2, 500 +2. 3 +9.4 1,423 3,985 1,585 91, 448 626 -56.0 4,600 +15.4 1,000 -36.1 85, 050 -7.0 237 6,433 167 38,243 237 6,000 167 38, 000 +9.6 998, 894 989,162 4,367 +6.0 28,156 30,900 +9.7 26, 715 16, 803 27, 516 16, 000 +3.0 -4.8 25,485! +11.2 7, 700 +0. 7 11, 730 +7. 0 -1.0 1,010,969X084,263 -6.7 -0.6 17, 178 17, 700 +3.0 7,388 7,388 +7.0 240, 000 400, 000 +66.7 21, 798 22, 297 +2.3 86, 176 93,000 +7.9 233, 328 235, 000 +0.7 +9.4 177, 614 168, 734 —5 0 14, 207 7, 100 -50.0 329 329 4,120 22, 916 7,650 10, 963 District No. 3 NORTHWEST +8.0 537 3,531 +15.0 76, 482 -12.5 6,172 +9.0 3,543 +4.0 1,464 -5.0 District No. 1 MID-WEST 82, 756 35, 271 5,979 65, 205 11,015 78, 100 -5.6 38, 800 +10.0 5,300 -11.4 85, 000 +30.4 11, 786 +7.0 23 523 3,' 474 799 3,632 1,183 33, 646 33, 786 9,000 37, 000 +10.0 34, 800 +3.0 9,135 +1.5 5,867 3,562 719 5,900 3,562 700 21, 595 23, 750 +10.0 3,306 4,447 +34.5 27, 759 7,591 17, 799 3, 123 10, 006 40, 665 +46.5 7,«00 18, 155 ! +2.0 3,200 +2.5 10. 000 747 1,022 3,631 69 648 2,340 +213. 3 920 -10.0 2,905 -20.0 69 648 24, 699 +5.0 3,821 +10.0 850 +6.4 3,500 -3.6 1,183 +7. 2 1,089,1161,280,211 +17.5 465, 872 483, 233 +0.6 -2.6 +3.7 i District No 5 TRANS-MISSOURIKANSAS 1 Grain, all _ 2 Flour, meal, and other mill products 3 Hay straw, and alfalfa 4 Cotton - - - - 5 Cottonseed and products, except oil 40, 736 45, 353 10, 872 43, 000; +5. 6 48, 981 +8. 0 10, 500 -3. 4 District No 1 SOUTHWEST 18, 945 19, 717 4,051 14,312 5,408 21, 788 +15.0 21, 688 +10.0 4, 051 16, 458 +15.0 5,408 District No 10 CENTRAL- WESTERN 33, 746 11,637 4,292 38, 000 +12.6 12,200 +4.8 3,800 -11.5 183 9, 553 200 +9.3 5,800 -39.3 District No 11 PACIFIC COAST 6,066 7,387 9,719 361 444 6,460 +6.5 7,940 +7.5 6,000 -38.3 400 +10.8 475 +7.0 18, 628 21, 391 1,730 29, 402 22, 434 6,817 5,980 1,905 8,560 +25.6 6,425! +7.4 650 -65.9 29, 375 +57.7 22, 587 +5.6 1,700 -1.7 31, 600 +7.5 23, 000 +2.5 4,558 2,448 1,480 4,060 3,615 —20.7 1,574 -35.7 1,511 +2.1 3,790 -6.7 1,276 9,356 4,773 6,616 1,380 +8.2 9,150 —2 2 5,500 +15.2 5,100 -22.9 6 7 8 9 10 Citrus fruits Other fresh fruits Potatoes Other fresh vegetables Livestock 2,885 869 578 51, 835 3,317 +15. 0 800 -7.9 600 +3.8i 46, 625 -10.0 56 3.552 3^932 13, 709 30, 140 72 +28. 6 3,729 +5.0 2,949 -25.0 14. 394 +5.0 30, 140 59, 508 56, 500 11 12 13 14 15 Poultry and dairy products Coal and coke Ore and concentrates Gravel, sand, and stone Salt 9,398 24, 609 8,566 52, 672 6,450 10, 205 +8.6 24, 764 +0.6! 8,045 -6.1 57, 939 +10.0 6,495 +0.7 3,094 12, 070 340 63, 804 6,052 3,403 +10.0 12, 673 +5.0| 357 +5.0 63, 804 6,052 3,932 54, 712 14, 504 18, 632 644 4,000 +1.7 53, 000 -3.1 15, 000 +3. 4! 19, 200 +3.0; 720 +11.8! 997 6,123 33,911 53, 804 1,100 +10.3 5,700 -6.9 42, 500 +25.3 57,000 +5.9 16 17 18 19 20 Lumber and forest products Petroleum and petroleum products _ _ _ Sugar, sirup, and molasses Iron and steel Machinery and boilers 32. 221 57, 177 2, 120 4 520 1,369 33, 250 +3.2 87, 810 92, 200 +5.0 58, 892 +3.0 181, 931 194, 666 +7.0 3,744 5,054 +35.0 2,200 +3.8: 5,135 +13.6 4,350 4,785 +10.0 1,469 1,433 1,433 6,686 30, 056 3,690 2,492 6,800 31, 000 3,860 2,600 +1.7 +3.1 +4.6 +4.3 73, 060 40, 027 4,493 4,622 76, 715 42, 820 4,740 4,935 21 22 23 24 Cement. _ Brick and clay products Lime and plaster Agricultural implements and vehicles, other than automobiles 20, 117 10, 852 4,366 21, 350 10, 625 4,300 7, 200 +21.2 1,700 +27.5 15, 406 3,850 17, 000 +10.3 3,865 +0.4 2, 217i 2,549 +15. 0 25 26 27 28 29 Automobiles, trucks, and parts Fertilizers, all kinds Paper, paper board, and prepared roofing Chemicals and explosives Canned goods l 17, 453 24, 900 +42.7 Total, all commodities listed.. 1 +8. o 407, 235 425,95li 9,756 9,491 5,460 +5. 0 i +5.0! +5.0 227, 485 236, 795 +7.0 12, 705 13, 949 +5.5 1,013 1,040 +6.8 611 576 +4. 1 +9. 8 +2.7 +6.1 5,606 1,235 311 5,800 1,265 330 151 155 +2.6 3,224 +700. 0 300 1, 200 +300. 0 5,562 584 6,040 +8.6 1, 125 8,360 +10. 0 622 625 2,556 +10. Oi 2,013 2,200 +9.3 2,513 3,716 _i 869 +5.0 165 165 2,533 2,735 +8.0 277 362 616 500 580 +16.0 1,254 5,987 6,900 +15.2 1,401 1 +4.6 515, 445J 546,964 +6.1 262,508 263,525 +0.4 369, 950 403, 787 +9.1 303,601 314,429 +92.6 +0.5 +47.9 +30.7 +11.7 +6.1 21 -1. 5 517 10, 243 9,965 5,460 569 +10.0 403 7,600 2,324 828 616 All canned-food products, including catsups. :ams. jellies, ol ves, pickle . preserves, etc. 5, 943 1,333 -5.1 District No 14 PACIFIC NORTHWEST +3.5 +2.4 +6.1 +3.6 17 INDEXES OF BUSINESS The index numbers presented in this table are designed to show the trend in production, prices, trade^ «tc., by commodities or groups. They consist in general of weighted combinations of series of individual relative numbers; often the individual relative numbers are also given. The function of index and relative numbers is explained on the inside front cover. All of the index numbers, except where noted, are based on the average of the years 1923 to 1925, while maxima and minima are given only since 1923, thus eliminating the abnormal period prior to 1923. Complete descriptions and figures for earlier years may be found in the following issues of the Survey (later data being available in the latest semiannual issues): Production, in the July, 1928, issue (No. 83), pages 18 to 22; stocks in the August, 1928, issue (No. 84), pages 20 to 22; new orders in the September, 1928, issue (No. 85), page 19; unfilled orders in the January, 1928, issue (No. 77), pages 22 and 23; wholesale trade in the January, 1928, issue (No. 77), page 21; mail-order and chain stores in the May, 1928, issue (No. 81), pages 20 and 21; department stores in the April, 1928, issue (No. 80), pages 20 and 21; employment, based on 1923 as 100, in the August, 1928, issue (No. 84), page 108; farm prices, in the August, 1928, issue (No. 84), page 27; wholesale prices (Department of Labor), in the November, 1927, issue (No. 75), page 24, and the June, 1928, issue (No. 82), page 23; wholesale prices, commercial, in the August, 1928, issue (No. 84), page 26; cost of living in the August, 1928, issue (No. 84), page 27, and the June, 1926, issue (No. 58), page 24. Relative to 1923-1925 monthly average as 100 1928 PER CENT INCREASE (+) OR DECREASE (-) 1929 Maximum since Jan.l, 1923 Minimum since Jan. 1, 1923 118 117 81 83 105 105 111 109 111 109 116 117 120 117 121 119 + 0.8 + 1.7 + 9.0 + 9.2 124 120 132 121 110 122 110 163 134 134 129 162 166 131 79 82 59 77 92 91 78 47 86 92 87 84 66 93 106 106 107 107 103 115 92 93 99 114 100 135 124 119 113 110 113 108 110 116 93 101 103 117 108 139 135 120 114 110 114 107 105 118 94 111 102 112 108 141 134 120 116 117 117 116 103 122 89 154 95 134 124 159 147 131 121 117 126 113 101 122 78 155 97 123 125 161 152 129 124 120 132 116 96 + 2.5 + 2.6 + 4.8 + 2.7 5. 0 + 8.8 + 9.1 + 15. 8 + 8.4 8. 6 163 96 122 127 + 5. 2 1. 0 0. 8 + 1.6 + 46.8 -5. 9 + 8. 9 + 17.6 151 126 0 7 -2.3 + 12. 7 + 5.0 124 120 125 133 138 134 136 124 125 123 84 90 77 1 88 0 82 93 75 85 99 103 92 89 121 98 102 92 88 119 97 103 95 80 121 113 117 103 110 138 115 120 109 110 138 104 110 88 75 -1.0 -8.3 19 3 31 8 + 7.2 + 6.8 7 4 -6.3 102 105 103 93 104 107 109 83 102 112 109 94 129 100 111 93 136 106 99 91 135 112 0 7 + 5.7 + 32. 4 0.0 85 -6.6 9 6 124 421 131 148 160 187 79 14 76 67 64 44 96 61 107 80 89 81 94 48 101 89 87 106 97 49 92 118 97 160 96 34 102 85 95 87 80 14 78 67 88 138 88 43 77 106 98 156 + 10.0 + 207. 2 -1.3 + 58.2 + 11.4 + 13.0 -9.3 12 2 -16. 3 10 2 + 1.0 -2, 5 251 205 199 266 353 266 45 38 60 43 11 22 98 99 100 45 81 193 81 108 102 43 56 104 78 112 106 44 61 39 112 100 94 72 100 238 82 95 96 69 55 134 72 80 102 ! 67 I 62 67 March January FebruMarch January February ary Mar., 1929, from Feb., 1929 Mar., 1929, from Mar., 1928 PRODUCTION TOTAL INDUSTRIAL Unadjusted, except for working days Adjusted for seasonal variations MANUFACTURING Total (adjusted for working days only) Total (adjusted for seasonal variations) Iron and steel _ Textiles _ Food products Paper and printing Lumber Automobiles __ Leather and shoes Cement, brick, and glass Nonferrous metals _ Petroleum refining Rubber tires Tobacco manufactures > MINERALS Total (adjusted for working days only) Total (adjusted for seasonal variations)- > Bituminous coal Anthracite coal _ Crude petroleum Iron-ore shipments _ Copper « Zinc . .. Lead Bilver ANIMAL PRODUCTS (Marketings) Total Wool_ Livestock Poultry and eggs Dairy products _ _ Fish CROPS (Marketings) Total Grains * .. Vegetables * Fruits * Cotton products * Miscellaneous crops * 12 2 -15.8 +6.3 -2. 9 + 12. 7 -50.0 7 7 28 6 -3. 8 + 52.3 + 1.6 + 71.8 * Fluctuations between maximum and minimum due largely to seasonal conditions: Minerals and Manufacturing are adjusted for seasonal variations except where noted. 47666—29 3 18 INDEXES QF BUSINESS-Continued 1928 Maxi- <Mini- ; mum mum since since Jan. 1, Jan. 1, 1923 1923 January February Relative to 1923-1925 monthly average as 100 PER CENT 11^CREASE (+) OR DECR EASE(-) 1929 March January February March 84 81 Mar., 1929, from Feb., 1929 Mar.y 1929, from Mar., 1928 PRODUCTION— Continued FOREST PRODUCTS Total ^ .... Lumber. .__. Pulpwood _ - . -_ Gum (rosin and turpentine) * .... Distilled wood , .... 112 112 151 161 148 74 71 54 18 65 81 80 99 38 97 87 88 83 26 91 96 97 102 25 103 82 78 123 41 101 74 75 93 26 97 NEW ORDERS Total ___-_-_-__-____-___ Textiles.. _ _ _ _ _ _ _ _ _ - _ _ _ - _ _ - - _ — ..___ Iron and steeL* Lumber _ Paper and printing __ Stone and clay products 138 179 143 141 118 129 73 70 71 67 85 75 | 100 94 104 112 103 87 95 91 110 95 110 83 103 98 129 101 114 102 99 104 136 80 109 87 98 99 128 78 113 93 Grand total 138 82 129 130 127 138 Total manufactured goods Food stuffs _ _ Textiles Iron and steel Nonferrous metals Lumber Stone, clay, etc . Leather _ _ ___ _ Rubber Paper Chemicals and oils 125 129 138 157 133 125 192 123 189 155 125 88 79 78 78 74 78 64 66 77 46 84 115 85 134 141 114 119 169 68 128 99 115 120 100 132 146 115 118 178 67 146 109 117 120 104 137 152 113 106 172 157 184 202 136 153 69 68 43 54 73 139 127 168 105 128 167 154 157 204 142 67 62 66 49 56 124 119 130 128 167 128 118 131 131 130 37 104 + 13 5 + 8. 0 + 39 8 + 42 3 +72 12 5 — 16 5 + 27 5 + 48 0 +10 136 134 —1 5 +55 133 115 125 107 127 152 126 112 180 76 160 145 118 125 100 126 154 116 112 185 73 178 136 121 121 95 124 157 114 105 178 72 189 117 119 3 2 5. 0 + 16 + 19 1 7 — 6. 2 — 3. 8 — 1. 4 + 0. 6 14. 0 — 1. 7 +0 8 8. 7 9 5 +3 3 +09 0. 9 + 3. 5 + 9. 1 + 21 9 12 0 + 3. 5 137 144 151 95 116 132 152 130 90 107 148 158 161 89 125 145 171 144 83 113 143 184 1. 4 + 7. 6 -11. 1 — 20. 5 -6. 2 + 21. 1 -1. 5 — 26. 7 -0. 9 81 77 89 64 79 82 81 90 64 76 81 75 90 71 72 75 75 86 53 63 78 79 87 74 69 84 78 93 81 76 + 7.7 -1.3 + 6. 9 + 9. 5 + 10. 1 + 3. 7 + 4. 0 + 3. 3 + 14. 1 + 5.6 82 83 87 71 43 68 76 88 72 88 85 106 85 76 94 82 106 78 93 85 108 89 128 87 82 101 96 100 95 105 87 131 111 95 121 107 93 91 117 84 74 100 82 131 82 90 83 113 84 114 84 76 105 89 101 89 117 92 136 110 95 120 91 + 12. 2 + 7. 2 + 3.5 + 9.5 + 19. 3 + 31. 0 + 25.0 + 14. 3 + 2. 2 + 1. 0 6. 3 + 11. 4 + 5.7 + 3. 8 — 0. 9 0.0 -0. 8 -15. 0 208 64 105 108 125 132 129 156 + 20. 9 + 24. 8 305 235 413 224 160 170 184 62 77 47 82 79 70 55 104 187 121 146 90 100 87 115 193 137 148 96 106 86 133 226 200 163 107 119 117 112 222 140 177 91 106 102 122 229 147 170 92 112 88 156 235 241 196 108 152 159 + 27.9 + 2.6 + 63. 9 + 15.3 + 17.4 + 35.7 + 80.7 + 17.3 + 4.0 + 20. 5 + 20. 2 + 0.9 + 27.7 + 35.9 187 117 71 83 88 91 85 97 103 103 91 91 85 97 110 103 + 29.4 + 6.2 + 6.8 STOCKS - Total raw materials Foodstuffs. Textiles _ Metals Chemicals and oils _ UNFILLED ORDERS Total Textiles _ _ Iron and steel Transportation equipment Lumber -- 66 ! 155 ! 128 66 106 i +83 WHOLESALE TRADE Grand total all classes Groceries Meats _ Dry goods _ __ Men's clothing _ Boots and shoes Hardware Drugs Furniture - - - - - - RETAIL TRADE MAIL-ORDER HOUSES (4 houses) CHAIN STORES: Ten-cent _ _ Grocery Wearing apparel Drug _ __ Cigar Candy Shoe DEPARTMENT STORES: Sales Stocks * Fluctuations between maximum and minimum due largely to seasonal conditions. to. o INDEXES OF BUSINESS—Continued Relative to monthly average indicated PER CENT INCREASE (-f-) OB DECREASE (-) 1999 1998 Maximum since Jan. 1, 1923 Minimum since Jan. 1, 1923 111 119 122 113 113 117 103 107 106 109 120 113 111 92 96 92 86 85 88 94 85 82 86 86 84 83 92 97 100 86 85 96 100 91 84 86 91 87 92 93 98 101 89 85 97 100 95 84 89 95 91 91 94 97 100 90 86 97 99 102 87 91 96 93 90 95 98 97 95 85 91 100 94 82 97 86 100 103 97 99 99 97 86 93 100 97 82 101 94 106 105 99 97 100 99 86 92 100 103 84 102 94 107 107 +2 1 -2.0 + 1.0 + 2.1 0.0 -1. 1 0.0 + 6.2 + 2.4 + 1.0 0.0 + 0.9 + 1.9 + 5.3 0.0 0.0 + 10.0 0.0 5. 2 + 1.0 + 1.0 3. 4 + 12. 1 -2. 1 + 15.1 + 18.9 109 114 124 111 108 123 106 108 106 112 119 117 113 84 93 87 75 82 79 86 86 78 81 81 84 81 90 98 99 83 81 93 102 94 82 85 90 84 93 94 100 103 90 85 98 101 97 84 91 90 95 90 95 99 101 93 88 97 101 101 87 92 91 99 90 95 100 96 96 82 87 103 95 78 102 81 96 102 102 100 102 103 85 91 105 100 80 109 87 115 107 104 99 104 105 87 88 106 103 83 112 89 117 113 + 2.0 -1.0 + 2.0 + 1.9 + 2.4 -3.3 + 1.0 + 3.0 +3.8 + 2.8 + 2.3 + 1.7 + 5.6 + 9.5 0.0 + 3.0 + 12.9 3. 4 -9.3 + 5.0 + 2.0 -4.6 + 21.7 -2.2 + 18.2 + 25.6 152 178 253 162 166 252 108 125 108 108 98 122 81 79 137 125 144 138 154 152 91 135 128 153 139 144 141 90 137 136 174 139 137 147 89 133 115 109 146 149 148 92 136 123 111 150 148 149 91 140 124 112 160 144 155 90 + 2.9 + 0.8 + 0.9 + 6.7 2 7 + 4.0 -1. 1 + 2.2 -35.6 + 15. 1 + 5.1 + 5.4 + 1.1 105 114 107 127 114 112 113 116 104 111 127 94 94 85 98 94 81 97 90 95 97 79 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 97 106 99 114 96 83 104 97 96 97 81 97 105 98 109 96 81 104 98 96 97 80 98 107 98 108 97 81 106 98 96 97 80 + 1.0 + 1.9 0.0 0. 9 0.0 0.0 + 1.9 0.0 0.0 0.0 0.0 + 2.1 + 2.8 0.0 — 12. 9 -1.0 0.0 + 8.2 + 7.7 0.0 -1.0 -8.0 128 103 109 106 96 93 93 93 98 94 100 94 97 95 99 94 98 95 98 94 97 97 99 95 97 96 98 94 99 97 99 95 + 2.1 + 1.0 + 1.0 + 1.1 + 1.0 + 2.1 + 1.0 + 1.1 106 112 85 95 102 105 103 103 104 104 103 101 103 101 102 100 -1.0 -1.0 -1.9 -3.8 March March January FebruJanuary February ary Mar. 1929, from Feb.. 1929 Mar. 1929, from Mar.. 1928 EMPLOYMENT (Relative to 1926 monthly average as 100) Number employed, by industries: Total, all classes Food products Textiles _._ Iron and steel Lumber. Leather _ Paper and printing . Chemicals Stone, clay, and glass Metal products other than iron and steelTobacco products _ Vehicles Miscellaneous Amount of pay roll, by industries: Total, all classes Food products Textiles Iron and steel Lumber _ Leather. _ Paper and printing Chemicals Stone, clay, and glass Metal products other than iron and steelTobacco products __ _ _ _ Vehicles Miscellaneous PRICE INDEX NUMBERS FARM PRICES (Relative to 1909-1914 average as 100) All groups _ _ _ __ Grains __ Fruits and vegetables Meat animals Dairy and poultry Cotton and cottonseed Unclassified - __ _ __ o o WHOLESALE PRICES Department of Labor Indexes (Relative to 1926 monthly average as 100) All commodities Farm products _ _ Food, etc Hides and leather products Textile products Fuel and lighting Metals and metal products Building materials. _ _ _ _ _ Chemicals House-furnishing goods Miscellaneous. Classified by state of manufacture: Semimanufactured articles Finished products _ _ _ _ _ _ Raw materials _ Nonagricultural commodities . Commercial Indexes (Relative to 1926 monthly average as 100) Dun's Bradstreet's 20 INDEXES OF BUSINESS—Continued Relative to monthly average indicated 1928 Maximum since Jan. 1, 1923 Minimum since Jan. 1, 1923 January Febru- 172 167 186 177 179 208 123 176 158 141 159 160 156 174 118 171 PEE CENT INCREASE (+) OB DECREASE (— ) 1939 March January February March May, 1929 from Feb., 1929 May, 1929 from May, 1928 160 153 159 166 162 184 120 170 —0 6 — 0. 6 0. 0 — 2. 3 0 0 0. 0 0 0 0.0 0 6 -fl 3 3 6 4. 0 —0 6 0. 0 1 6 -0.6 PRICE INDEX NUMBERS— Contd. COST OF LIVING National Industrial Conference Board Indexes (Relative to July, 1914) All items weighted Food (Department of Labor) Shelter Clothing - - Fuel and light (combined) Fuel Lieht Sundries -- - 163 155 166 172 163 184 122 172 162 152 165 171 163 184 122 172 161 151 165 173 163 184 122 171 161 155 159 169 163 184 121 170 161 154 159 170 162 184 120 170 ADDITIONAL PRELIMINARY RETURNS, CENSUS OF MANUFACTURES, 1927 VALUE OF PEODUCTS INDUSTRY 1925 1927 Per cent increase (2) Thousands of dollars Alums and other aluminum compounds 13, 336 Boot and shoe cut stock 121, 022 Boot and shoefindings.. __ 57, 433 Boots and shoes, other than rubber 944, 714 Butter, cheese, and condensed and evaporated milk _ _ __ 1,057,545 Concrete products 93, 259 Converted paper products 57, 490 Gas and electric fixtures; lamps, lanterns, and reflectors 127, 802 Gloves and mittens 66, 864 Knit cloth _ . 60, 343 Knit underwear __ 173, 423 Leather belting 27, 266 15.2 28.7 10.3 11, 581 94, 048 52, 064 PERSONS EMPLOYED 1927 1925 Number 8,611 9,950 925, 383 2.1 203, 110 206, 992 8.6 31, 006 28, 274 24.0 17, 808 14, 722 25.0 6,463 5,585 129, 698 -1.5 6.4 62, 825 6.4 56, 708 188, 570 -8.0 31,811 -14.3 21, 030 19, 402 6,552 46, 227 2,164 Per cent increase (2) 7,977 8,605 973, 518 75, 214 45, 978 VALUE OF PRODUCTS 7.9 15.6 -1.9 9.7 21.0 15.7 22, 334 -5.8 19.9 16, 176 6,424 2.0 48,328 -4.3 2,644 -18.2 INDUSTRY 1927 1925 Thousands of dollars Per cent increase (2) Locomotives 76, 719 65, 389 17.3 Manufactured gas 516, 705 453, 549 13.9 Men's furnishing goods 145, 474 120, 868 20.4 Men's work clothing 145, 125 139, 872 3.8 Miscelleneous chemicals 262, 655 227, 426 15.5 Miscellaneous roofing materials. 123, 210 123, 591 Paving materials, other than brick or granite 103, 249 90, 630 13.9 Pig iron and ferro-alloys 708, 904 765, 286 -7.5 Printing and publishing 2, 507, 426 2, 269, 638 10.5 Pumps and pumping equipment 130, 591 120, 148 8.7 Silk manufactures 750, 124 808, 979 -7.3 Steel-works and rolling-mill products 2, 779, 840 2, 946, 068 -5.6 Woolen goods and worsted goods. 817, 978 957, 790 -14.6 PERSONS EMPLOYED 1927 1925 Number 12, 961 48, 497 25, 183 40, 612 7,255 12,809 46, 748 21, 094 32, 821 Per cent increase (2) 1.2 3.7 19.4 23.7 8,310 -12.7 19, 250 17, 941 27, 958 29,188 261, 671 251, 272 18, 671 17, 935 127, 643 132, 509 7.3 -4.2 4.1 4.1 -3.7 361, 312 370, 726 154, 361 165, 224 -2.5 -6.6 1 Compiled by the U. S. Department of Commerce, Bureau of the Census, from reports collected in connection with the census of manufactures. Data for other industries2 will appear as they are completed. Statistics in greater detail may be obtained from the bureau's preliminary statements on the respective industries. A minus sign (—) denotes decrease. ELECTRICAL GOODS, NEW ORDERS.' PERIOD First quarter Second quarter . Third quarter Fourth quarter. Total Quarterly average 1922 . 1923 1924 1925 1926 1927 1928 $138, 843, 804 160, 239, 670 163, 679, 933 187, 123, 551 $220, 384, 205 235, 571, 467 196, 750, 860 210, 994, 546 $221, 687, 030 216, 637, 855 181, 160, 835 225, 070, 111 $227, 767, 511 222, 056, 450 225, 184, 732 237, 225, 521 $255, 917, 883 240, 855, 953 233, 873, 171 251, 442, 991 $235, 883, 303 229,353 332 228, 610, 346 232, 877, 670 $237, 508, 001 245 520 801 264, 466, 257 281, 988, 159 649, 886, 958 162 471, 740 863, 701, 078 215 925, 270 844, 555, 831 211,138,958 912, 234, 214 228 058,554 982, 089, 998 245 522 500 926, 724, 651 231 681 163 1, 029, 483, 218 257 370 805 1 Data compiled by the U. S. Department of Commerce, Bureau of the Census, from quarterly reports by 81 manufacturers of electrical goods. The data include nonelectrical items made by electrical manufacturers and represent 60 per cent of>the output of the electrical industry in 1925 according to the census of manufactures. 21 NEW PAID-FOR LIFE INSURANCE 1921 1924 1923 1922 1925 1926 1927 1928 1929 MONTH NUMBER OF ORDINARY POLICIES January . February March April.. May June July August . September October . November December - . __ _ _ -.- Total 160, 599 162, 905 193, 518 180,609 181, 429 177, 581 149, 670 151, 150 148, 737 147,044 150,568 155, 949 147,919 149, 178 180, 371 162, 302 184, 776 183, 060 161, 378 161, 095 145, 017 163, 896 170,964 191, 419 172,008 170, 274 217, 331 201, 842 213, 523 211,415 195, 411 186, 714 167, 492 195, 497 198, 466 220, 115 187, 213 186, 323 224, 556 214, 771 216, 511 204,866 190, 876 167,086 160, 518 184, 746 207, 101 217, 519 176, 993 184, 724 221, 045 217,027 232,284 221, 012 216, 342 203,848 189, 010 218, 731 220, 166 268, 828 184, 846 192, 677 244, 907 231,230 228,588 241, 146 215,944 201, 405 186,957 214, 216 225,603 269,623 188, 554 205, 875 249, 356 241, 172 236, 063 239, 340 211,711 214, 501 188, 519 208, 630 206,014 253,007 186, 026 214, 195 260, 349 230,482 280, 180 293, 224 249, 738 245, 081 214,010 263,201 257, 589 289,606 1, 959, 759 2, 001, 375 2, 350, 088 2, 362, 086 2, 570, 010 2, 637, 142 2, 642, 742 2,983,681 220, 823 238, 684 292, 232 NUMBER OF INDUSTRIAL POLICIES January February March April May . June July August September October . . November... December ._. _ _ - _ - -- . Total 486, 717 484,327 621, 170 507, 310 651, 707 550, 406 431, 365 445, 752 507, 480 671, 860 580, 841 661,850 537,827 568,921 683, 552 571, 841 624, 125 578, 786 541, 850 511, 547 479, 847 622, 861 610, 594 653,473 547, 155 550, 971 669, 471 950, 443 796, 538 693, 473 608, 854 566,992 556,415 668, 393 656, 873 681, 525 766, 821 649, 135 693, 674 705, 346 760, 648 674, 481 595, 545 609, 703 614, 848 830, 831 641, 128 903, 065 618, 425 732, 120 809, 517 803, 384 882, 325 788, 352 734, 531 717, 402 691, 227 1, 199, 183 851, 209 824, 881 817, 246 653, 943 844, 659 787, 138 859, 630 743, 137 716, 607 719, 203 714, 041 822,459 870, 324 838, 577 679,290 767, 121 890, 560 851, 905 902, 343 816, 966 732, 665 781, 361 745, 664 992, 140 940, 847 783, 539 901, 786 846, 795 1, 049, 955 980, 796 839, 453 840, 312 753, 773 740, 371 770, 416 946, 284 782, 026 951, 002 6, 600, 785 6, 985, 224 7, 947, 103 8, 445, 225 9, 652, 556 9, 386, 964 9, 884, 401 10, 402, 969 1,051,983 891,644 1, 045, 058 NUMBER OF GROUP CONTRACTS January February March April Mav June July August September October November December .- ..- -- Total ^-. --- 48 48 49 51 51 48 33 41 27 32 31 241 54 58 74 49 67 68 65 53 57 67 68 474 99 96 131 109 131 456 99 75 49 77 88 488 102 89 121 112 111 99 114 71 75 87 131 473 178 114 129 143 143 160 121 118 107 114 172 485 200 152 190 163 195 167 149 157 157 183 182 456 192 176 178 176 197 189 161 138 115 148 208 491 125 175 202 159 172 190 170 159 120 157 203 510 700 1,154 1,898 1,585 1,984 2,351 2,369 2,342 154 139 180 NUMBER OF GROUP CERTIFICATES January February March April M!ay June July August September October November December -. Total _ - - 8,446 7,550 11, 880 7,908 10,010 6,602 5,669 5,520 6,421 8,004 6,503 39,076 12, 608 13, 374 17, 028 22, 128 11, 690 16, 515 10, 195 15, 346 17, 123 13, 942 17,704 88,491 17, 575 14, 945 23, 717 33, 095 39, 982 31, 830 30, 902 23,102 16,911 12, 462 18, 427 155, 214 16, 395 10, 639 21, 484 24, 732 19, 991 13, 202 17, 873 14, 814 13, 896 70, 769 25, 770 109, 429 47, 462 22, 764 26, 991 37, 244 23, 174 32, 202 27, 762 68, 887 20, 033 38, 109 26, 476 175, 287 40, 794 52, 250 44, 257 60, 919 39, 815 43, 710 53, 057 40, 882 47, 743 44, 213 70, 363 214, 277 51, 967 32, 452 64, 803 30, 991 30, 805 41,042 29,100 30,488 13,496 23, 797 27, 928 124, 123 26, 408 53,800 35, 788 36, 705 48, 839 51, 895 38, 905 24, 605 52, 943 18, 911 42, 358 128, 296 123, 589 256, 144 418, 162 358, 994 546, 391 752, 280 500, 992 559, 453 57,921 26, 859 35, 986 TOTAL NUMBER OF POLICIES, CONTRACTS, AND CERTIFICATES January February.. March April Mav June July August September October November December 655, 810 654, 830 826, 617 695,878 843, 197 734, 637 586, 737 602, 463 662, 665 826,940 737, 943 857, 116 698, 408 731, 531 881, 025 756, 320 820, 658 778, 429 713, 488 688,041 642,044 800,766 799, 330 933, 857 736, 837 736, 286 910, 650 1, 185, 489 1, 050, 174 937, 174 835, 266 776, 883 740, 867 876, 429 873, 854 1, 057, 342 970, 531 846, 186 939, 835 944,961 997, 261 892, 648 804, 408 791, 674 789, 337 1, 086, 433 874, 130 1, 230, 486 843, 058 939, 722 1, 057, 682 1, 057, 798 1, 137, 926 1, 041, 726 978, 756 990, 255 900, 377 1, 456, 137 1,098,023 1, 269, 481 1,043,086 899, 022 1, 134, 013 1, 079, 450 1, 128, 228 1, 028, 160 985, 757 961, 647 948, 898 1, 081, 071 1,166,472 1, 322, 933 920,003 , 005, 624 , 204, 897 , 124, 244 , 169, 408 , 097, 537 973, 637 1, 026, 488 947, 794 1, 224, 715 1, 174, 997 1, 161, 160 1, 114, 395 1, 114, 915 1, 346, 294 1, 248, 142 1, 168, 644 1,185,621 1,042,586 1, 010, 216 1,037,489 1, 228, 553 1,082,176 1,369,414 Total 8, 684, 833 9, 243, 897 10, 717, 251 11, 167, 890 12, 770, 941 12, 778, 737 13, 030, 504 13, 948, 445 1, 330, 881 1, 157, 326 1, 373, 276 22 NEW PAID-FOR LIFE INStJRANCE—Continued (Thousands of dollars) 1921 1923 1923 1924 1925 1926 1927 1928 Ififc. $659,843 683,663 830,244 MONTH ORDINARY January. _ February March April May June July. August September October November December _ . _ -. - . _ _ _ _ _ _ _ _ _ _ _ - _ _ Total --_ $366, 927 369,684 436, 043 422, 965 428,604 414, 680 359, 094 350, 796 323,933 338, 796 345,984 422, 746 $352, 705 380, 958 448, 401 417, 514 462, 573 458, 204 411, 141 407,478 350, 594 401, 988 419, 937 523,523 $437,905 439, 771 556, 176 513,975 551,982 551,091 502,659 481, 572 415,540 488, 349 508, 169 582, 750 $509, 138 495, 752 605,300 672, 264 676,873 662,425 536,063 461,998 429, 702 499, 869 501,055 637,727 $523, 654 548,529 661,454 643,953 686,276 644, 135 645,404 597, 518 531, 435 608, 414 S90, 718 717, 124 $560, 289 597,429 734, 828 682,627 687,772 713, 121 647,126 601,100 628, 186 608, 599 637, 273 806,066 $579,026 626, 568 749, 543 738, 141 704, 807 702, 860 627, 787 631, 740 531, 210 607, 237 586,694 718, 793 $580,462 655, 406 781, 122 710, 435 757, 879 755, 699 660,062 626, 594 534, 112 659,844 667, 633 810, 127 4, 580, 252 5, 035, 016 6,029,939 6, 388, 166 7,398,614 7,804,416 7,804,406 8,199,375 INDUSTRIAL January February March April May June _ _ _ _ _ - _ _ _ _ _ July August _ _ _ _ _ _ _ _ _ September October _ _ ___ November December Total $93,357 91, 866 118,478 95, 759 125, 232 104,909 81, 872 84,583 96, 805 129, 165 109, 087 126, 646 $103, 725 110,954 132, 833 123, 208 125, 084 115, 959 110, 423 102, 901 97, 257 132, 790 125, 960 137, 707 $112, 678 114, 758 137, 853 208, 105 162, 326 147, 444 132, 798 127, 090 124,905 152, 061 146, 882 153, 154 $179, 656 143, 762 156, 792 158, 557 173, 629 154,495 135,015 141, 525 145, 052 198,461 150, 718 225, 892 $147, 441 177,666 193, 604 196, 895 217, 735 198, 113 182, 991 181,048 175, 114 256, 704 207,980 223,883 $227, 158 174, 782 230, 203 215,504 235,207 202, 315 194, 315 199,076 197, 277 226, 523 235, 691 228, 008 $185,292 207,217 241, 701 227, 279 241, 662 221, 780 200,835 211, 157 200,622 265,974 252, 738 211,076 $236, 303 221, 949 273, 551 259, 962 216, 396 214, 882 194, 642 193, 365 198, 949 233, 530 202,948 246, 045 1,257,759 1, 418, 801 1, 720, 054 1,963,554 2, 359, 174 2, 566, 059 2, 667, 333 2, 692, 522 $265, 998 230, 778 274,824 GROUP January February March __ _ . April May June.. July August. September October November December _ - Total $6,851 6,167 10, 111 7, 030 9,189 6, 119 4,632 5,485 5,076 6,569 5,790 38, 064 111, 083 $14, 514 11, 908 17, 808 23, 323 10, 422 18, 860 11, 902 18, 490 18, 067 15, 674 17, 408 96, 240 274, 616 j $18,200 16, 122 24, 988 35, 050 45, 726 54, 924 21, 566 21, 969 21, 389 9,817 18, 797 231, 497 $19, 082 15, 411 35,034 44, 217 34, 986 21,490 31, 338 22, 931 19, 354 131, 101 38,623 184, 198 $68, 957 36, 696 40, 797 66, 415 39,041 47, 565 54, 947 126, 885 37,788 54, 433 111, 066 314, 194 $56, 280 83, 088 72, 368 80, 663 56, 458 69,282 78, 125 55, 632 73, 456 62, 353 100, 448 262,452 $94,445 46, 119 103, 057 46, 960 45, 683 67, 817 54,229 43, 977 31, 475 48, 625 76, 960 165, 025 $46, 841 91, 505 57, 986 62,007 205, 195 113, 711 74, 196 56, 926 277, 943 72, 119 53, 569 224, 330 ' 520, 045 597, 765 998, 784 1, 050, 605 824, 372 1, 336, 328 $98, 637 58, 607 64, 813 TOTAL January February March April May June . July August September October November December ._ Total _ ____ _ _ _ $467, 135 467, 717 564, 632 525, 754 563, 025 525, 708 445, 598 440, 864 425, 814 474, 530 460,861 587, 456 $470, 944 503, 820 599, 042 564, 045 598, 079 593, 023 533, 466 528, 869 465, 918 550, 452 563, 305 757, 470 $568, 783 570, 651 719, 017 757, 130 760, 034 753, 459 657, 023 630, 631 561, 834 650, 227 673, 848 967, 401 $707, 876 654, 925 797, 126 775, 038 785, 488 738, 410 702, 416 626, 454 594, 108 829, 431 690, 396 1, 047, 817 $740, 052 762, 891 895, 855 907, 263 943, 052 889, 813 883, 342 905, 451 744, 337 919, 551 909, 764 1, 255, 201 $843, 727 855, 299 1, 037, 399 978, 794 979, 437 984, 718 919, 566 855, 808 798, 919 897, 475 973, 412 1, 296, 526 $858, 763 879, 904 1, 094, 301 1, 012, 380 992, 152 992, 457 882, 851 886, 874 763, 307 921, 836 916,392 1,094,894 $863, 606 968, 860 1, 112, 659 1, 032, 404 1, 179, 470 1, 084, 292 928,900 876, 885 1,011,004 965, 493 924, 150 1, 280, 502 5, 949, 094 6, 728, 433 8, 270, 038 8, 949, 485 10, 756, 572 11, 421, 080 11, 296, 111 12, 228, 225 $1, 024, 478 973, 048 1, 169, 881 i Compiled by the Association of Life Insurance Presidents. Data represent new paid-for business, exclusive of revivals, increases, and dividend additions of 44 member companies. These tables revise all data previously shown on this subject in the Survey of Current Business. TREND OF BUSINESS MOVEMENTS The following table contains a summary of the monthly figures, designed to show the trend in important industrial^and commercial movements. These data represent continuations oif the figures presented in the latest semiannual number (February, 1929), in which monthly figures for 1928 and 1929 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. 1928 The cumulatives shown are through March, except where otherwise noted. Earlier data for items shown here may be found on pages 27 to 138 of the February, 1929, "Survey" November 1939 December PER CENT INCREASE (+) OR ; DECREASE (— ) 1928 January February March February March Mar., 1929, from Feb., 1929 Mar., 1929, from Mar., 1928 CUMULATIVE TOTAL FROM JAN. 1 THROUGH MAR. 31 1928 1929 Per ct. increase ( -y or decrease (-) cumulative 1929 from 1928 TEXTILES Wool Receipts at Boston: Total . thous. of Ibs Domestic . thous. of Ibs._ Foreign. _ _ thous. oflbs.. Imports: In condition imported thous. oflbs.. Grease equivalent thous of Ibs Consumption by textile mills, grease equivalent thous of Ibs Machinery, activity, hourly: LoomsWide per ct. of hours active Narrow... per ct. of hours active. . Carpet and rug per ct. of hours active.. Sets of cards per ct. of hours active.. Combs.. per ct. of hours active. . Spinning spindles— Woolen per ct. of hours active _Worsteds per ct. of hours active Prices: Raw, territory, fine, scoured .dolls, per lb_. Raw, Ohio and Pa. fleeces, 24 blood, combing, grease ..dolls, perlb.. Worsted yarn dolls, per Ib Women's dress goods, French serge 39-in dolls, per yd Suiting, 13-oz dolls, per yd _ 12, 746 9,322 3,424 14,524 7,293 7,231 19, 673 4,532 15, 141 17, 202 1,836 15, 366 23,189 5,738 17, 451 18, 085 6,399 11, 686 24, 705 +34.8 6,497 +212. 5 18, 208 +13.6 -6.1 -11.7 —4.2 60, 071 20, 940 39, 131 60, 064 -0.1 12, 106 -42.2 47, 958 +22.6 15, 587 18,488 20, 293 24, 411 36, 523 38,835 33,398 37, 386 32, 743 37, 682 21, 305 23,646 29,473 33, 120 -2.0 +0.8 +11.1 +13.8 75, 537 85, 119 102, 664 +35.9 113, 903 +33.8 50, 079 45, 888 54,031 47, 993 48, 656 48, 324 46, 757 +1.4 +4.1 140, 168 150, 680 +7.5 70 66 68 89 81 69 55 62 83 74 69 63 65 84 83 69 59 67 85 84 67 60 69 86 82 60 51 67 78 80 57 57 68 79 70 -2.9 +1.7 +3.0 +1.2 -2.4 +17.5 +5.3 +1 5 +8.9 +17.1 85 72 80 66 82 69 82 69 83 68 77 68 76 61 +1.2 -1.4 +9.2 +11.5 1.12 1.14 1.12 1.09 1.05 1.20 1.20 -3.7 —12.5 .55 1.55 .55 1.58 .55 1.58 .55 1.58 .52 1.58 .52 1.50 .52 1.53 -5.5 0.0 0.0 +3.3 .98 2.008 .98 2.008 .98 2.008 .98 2.008 .98 2.008 1.00 1.953 1.03 2.008 0.0 0.0 -4.9 0.0 1,112 54, 939 631 39, 720 736 37, 124 645 38, 618 728 41, 433 +16.6 -6.5 +1.1 -10.4 2,288 121,496 2,479 131, 783 +8.3 +8.5 815, 871 668, 389 629, 521 598, 098 569, 653 632, 808 646, 594 572, 875 614, 428 581, 325 -9.5 +5.8 -7.3 +8.9 1, 989, 957 1, 740, 342 2, 015, 045 1, 899, 295 +1.3 +9.1 6,383 1,768 4,615 5,623 1,747 3,876 4,908 1, 731 3,177 5,982 1,669 4,314 5,105 1,593 3,512 -12.7 -0.9 -18.0 -3.9 +8.7 -9.5 7,607 5,510 7,226 5,043 6,749 4,469 6,702 5,020 6,273 4,543 -6.6 —11.4 +7.6 -1.6 .179 .202 .180 .202 .188 .212 .170 .185 .178 .195 +4.4 +5.0 +5.6 +8.7 60,174 60, 402 +0.4 Cotton 2,902 2,343 Receipts into sight thous. of bales 39, 213 39, 630 Imports, unmanufactured __ _ _ bales Exports, unmanufactured (including linters) _. bales 1, 451, 505 1, 088, 253 610, 884 534, 352 Consumption by textile mills bales.. Stocks, domestic, end of month: 6,820 7,056 Total, mills and w'houses.. thous. of bales.. 1,567 1,741 Mills thous. of bales 5,253 5,315 Warehouses thous. of bales Stocks, world visible, end of month: 7,130 7,766 Total thous. of bales 5,438 5,900 American . . thous. of bales. _ Prices: .178 .180 To producer dolls, per Ib .199 .205 In New York, middling dolls, per lb__ Cotton Yarn Machinery activity of spindles: Active spindles _ _ ... thousands Total activity millions of hours Activity per spindle hours.. Ratio capacity per cent Carded sales yarn: Production thous. oflbs Stocks, end of month thous. of lbs_. TJnfilled orders, end of month.thous. of lbs_. Prices: 22/1 cones, Boston dolls, perlb.. 40/ls, southern spinning .dolls, per lb_. 30, 597 8,524 241 108.1 30, 622 7,711 219 99.1 30, 758 9,225 261 111.6 31,008 8,221 233 110.7 31, 104 8,910 252 109.3 31, 726 7,970 221 101.3 31, 433 8,310 231 96.8 +0.3 +8.4 +8.2 —1 3 -1.0 +7 2 +9.1 +12 9 18, 675 8,568 44, 752 20, 157 8,204 43, 618 18, 311 8,836 43, 246 18, 718 8,765 42, 722 23, 373 8,328 43,476 18, 642 13, 611 38, 457 22, 598 13, 475 33, 030 +24.9 -5.0 +1 8 +3.4 —38 2 +31 6 .375 .511 .378 .506 .382 .510 .372 .512 .377 .527 .360 .494 .366 .483 +1.3 +2.9 +3 0 +9.1 341, 841 375, 163 347, 949 388, 634 519, 770 348, 712 279, 207 225, 189 276,098 391, 743 468, 861 363, 206 342, 806 317,078 345, 354 389, 195 440, 585 403, 300 292, 873 340, 709 309, 118 372,950 472, 176 410, 372 297, 994 358, 333 325, 633 345, 311 504, 876 464, 539 300, 323 256, 328 285, 404 382, 142 284, 817 429,095 358, 025 349, 855 337, 573 402, 594 297, 099 461, 429 +1.7 +5.2 +5.J +6.9 +13.2 -16.8 +2.4 -3.5 -14. 2 +69. 9 +0. 1,292,200 1,278,211 -1.1 4,389 54, 248 5, 840 50, 661 6,069 55, 186 4,400 51,492 5,362 58, 474 5,813 33,380 7,921 42,237 +21.9 +13. —32.3 +38. 20,206 110, 580 15,83 165, 15 -21.7 +49.4 17, 037 1,462 15,373 1,260 19, 77£ .1,415 20,32 1,57 1,869 16,924 1,374 18, 854 1, 627 +18. +14. 2 32, 964 4,160 2 35, 77 4,85 +21.7 +16.7 .078 .090 164 .078 091 165 .07 .08 .16 .07 .08 164 .077 .09 16 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 of mo thous of yds Fine cotton goods, production pieces Cotton cloth: Imports _ ._ thous. of sq. vds Exports thous of sq yds Fabric for tire manufacture, consumption thous. of Ibs Elastic webbing, shipment thous. of dolls.. Prices: Print cloth, 64 x 60 dolls, per yd Sheeting brown dolls per yd Cotton goods (Fairchiid). rel. to 1911-1913. _ 2 Cumulative through Feb. 28. .07(> .09()1 16,i .07 .09 16 +2. 0. +0, +1. -3. +1. 956,017 800, 297 889, 924 933, 673 -2.3 1,016,120 +27.0 980, 105 +10.1 24 TREND OF BUSINESS MOVEMENTS—Continued 1928 The cumulative* shown are through March, except where otherwise noted. Earlier data for items shown here may be found on pages 27 to 138±pf the February, 1929, "Survey" November 1939 December PER CENT INCREASE (+) OR DECREASE (-) 1938 January February February March Mar., 1929, from Feb., 1929 March Mar., 1929, from Mar., 1928 CUMULATIVE TOTAL FROM JAN. 1 THROUGH MAR. 31 1938 1939 Perct increase (+) or decrease (-) cumulative 1929 from 1928 TEXTILES-Continued Cotton Finishing White, dyed and printed (outside mills) : Billings* finished goods thous. of yds.. New orders, gray yardage. -thous. of yds.. Shipments, finished goods cases Stocks,finishedgoods, end mo cases. . Operating activity . per ct. of capacity. . Unfilled orders, end of month days Printed only (mills and outside) : Production thous. of yds. _ Stocks, end of month thous. of yds.. Silk Imports, raw ' thous. of lbs__ Deliveries (consumption).. bales.. Stocks, end of month: At warehouses __ bales. _ At manufacturing plants bales. _ Silk machinery activity: Broad looms per cent of normal. . Narrow looms .per cent of normal __ Spinning spindles per cent of normal Prices: Raw, Japanese, 13-15, N. Y. .dolls per lb._ Silk goods, composite dolls, per yd. 82,700 82, 657 49, 136 36, 566 65 5.5 79, 112 74, 417 47, 587 38, 678 62 5,6 81,676 86, 302 53, 196 36,374 65 5.6 81,418 88,460 54,391 37, 153 74 6.4 98,495 94, 872 65, 112 35, 478 77 6.3 78, 786 79,184 49,035 38, 698 69 5.2 89, 740 81, 328 51, 495 39, 787 69 4.8 +21.0 +7.2 +19.7 —4 5 +4.1 -1.6 +9.8 +16.7 +26. 4 —10 8 +11.6 +31 2 237, 263 236, 177 145, 203 261, 589 +10.3 269, 634 +14.2 172, 699 +18.9 76, 289 79,437 73, 753 83, 995 82, 259 80, 212 78, 307 81,206 92,544 79, 361 64,015 74, 326 75, 725 75, 153 +18.2 -2.3 +22.2 +5.6 189,566 253, 110 +33.5 7,441 47,709 7,631 45, 026 9,105 57, 349 7,092 46,228 6,476 49, 878 6,657 50, 679 6,725 52, Oil -8.7 +7.9 —3 7 -4.1 20,787 155, 110 22, 673 153, 455 49,806 25, 373 48,908 22, 836 49, 943 25, 778 46, 993 25, 026 45, 218 25,892 41, 677 27, 567 40, 186 23,096 -3.8 +3.5 +12 5 +12 1 94.5 51.8 60.3 92.7 52.6 58.5 94.7 48.0 61.0 99.8 53.6 66.5 100.2 66.3 66.3 99.1 50.6 79.1 98.8 52.5 67 7 +0 4 +23.7 —0 3 —0 3 +26.3 —2 1 5.047 1.16 4.998 1.16 4.998 1.16 5.096 1.18 4.998 5.292 1.20 5.194 1.20 -1.9 -3.8 1,004 2,434 1.50 1,759 2,850 1.50 1,707 3,036 1.50 1,267 2,889 1.30 1,901 1,146 3,048 1.50 1,080 3,263 1.50 +50.0 +76.0 0.0 — 13 3 2,131 1,835 299 2,144 1,787 314 +9.1 -1.1 Rayon Imports thous. of Ibs _ _ Stocks, bonded, end of month thous. of Ibs Price, 150 denier, A grade, N. Y. .dolls, per lb_. 1.30 3,592 4,875 +35.7 Clothing Men's and boys' garments cut: Suits thous. of garments Separate trousers. . . -thous. of garments. . Overcoats thous. of garments Overalls: Cut thous. of dozen garments. _ Netshipments-.thous. of dozen garments. . Unfilled orders end of mo thous. of dozen garments. . 2731 2647 2744 2642 +1.8 -0.8 3,808 3,808 8 494 3,363 4,532 2 7, 181 2 6, 312 26,809 2 6, 315 2 6, 246 2 6, 265 -5.2 0.0 +0.3 1,132 1,042 1,209 1,025 1,215 1,194 1,250 1,208 2,347 2,236 2,126 -9.4 1,946 -13.0 2,233 2,810 +25.8 2,275 2 281 52, 550 26, 655 66, 102 28, 493 63, 901 32, 882 -14.9 -38.8 -17.8 -18.9 178, 925 100, 643 6,073 4,603 4,099 6,629 5, 638 4,302 4,767 3,661 4,721 5,715 4,517 4,530 +9.2 +22.5 +5.0 +16.0 +24.8 -5.0 14, 575 11, 255 18, 091 +24.1 14, 544 +29.6 10, 188 14, 157 21,228 13, 919 14, 572 +49.9 +45.7 35, 572 45, 573 +28.1 42.2 11, 263 52.1 11,229 51.1 10, 962 51 9 10, 914 343 297 271 255 374 311 370 331 377 353 372 254 230 260 261 236 106 97 3,810 4,144 7,699 4,751 4,609 3,006 3,362 7,522 3,388 4,403 3, 606 3,240 7,550 3,337 4,229 3,203 3,075 6,952 2,928 4,183 3,603 3,279 8,466 3,137 5,167 1, 147 1,168 1, 164 1, 163 951 873 1,210 819 31,049 3948 3 1, 271 3 1, 447 1,077 998 1,310 1, 363 1,605 1,508 32,009 2,363 31, 503 25, 651 51, 656 36, 496 57,109 34,109 61, 735 43, 524 5,366 4,419 3,316 4,763 3,875 3,543 5,389 4,303 4,286 7,960 5,553 53.0 10, 815 44.6 10, 865 Hosiery Production thous. of dozen pairs. . Net shipments thous. of dozen pairs.. Stocks, end of month thous. of dozen pairs.. New orders thous, of dozen pairs.. Unfilled orders,end of mo thous.of dozen pairs . Knit Underwear Production. thous. of dozen garments.. Net shipments .thous. of dozen garments . Stocks, end of mo thous. of dozen garments New orders. thous. of dozen garments .. Unfilled orders, end of month . thous. of dozen garments Burlaps and Fibers imports: Burlaps thous of Ibs Fibers (unmanufactured) long tons -4.2 +3.6 171, 394 104,288 Pyroxylin Coated Textiles Pyroxylin spread.. .thous. of Ibs Shipments billed thous. of linear yards.. Unfilled orders, end mo thous. of linear yards Fur Sales by dealers _ .thous. of dollars- Buttons Fresh- water pearl buttons: Production ratio to capacity Stocks, end of month thous. of gross.. IBON AND STEEL Iron Manganese ore, imports... thous. of long tons.. Iron ore: Imports thous. of long tons.. Consumption thous. of long tons Stocks, end of monthsTotal _ thous. of long tons At furnaces thous. of long tons On Lake Erie docks. __thous. of long tons__ 2 Cumulative through Feb. 28. 16 21 15 21 18 18 13 —14.3 +38.5 40 54 +35.0 223 4,897 205 4,997 180 5,195 241 4,819 244 5,465 230 4,395 163 4,808 +1.2 +13 4 +49.7 +13.7 644 13,506 665 +3.3 15 479 +14.6 40,080 33, 626 6,454 35, 147 29,452 5, 6951 30, 189 24, 878 5,311 25 414 20, 475 4,939 20,005 15, 782 4.223 29,003 23, 015 5.988 24 259 18, 691 5.568 —21 3 -22.9 -15.5 —17 5 -15.6 -24.2 1 1 25 TREND OF BUSINESS MOVEMENTS—Continued 1938 The cumulative* shown are through March, except where otherwise noted. Earlier data for items shown here may be found on pages 27 to 138 of the February, 1929, "Survey" November 1939 December January February PER CENT INCREASE (+) OR DECREASE (— ) 1938 March February March Mar., 1929, from Feb., 1929 Mar., 1929, from Mar., 1928 CUMULATIVE TOTAL FROM JAN. 1 THROUGH MAR. 31 1939 1938 Per ct. increase ( -y or decrease (-) cumulative 1929 from 1928 IKON AND STEEL-Continued Iron— Continued Pig-iron production: Total, United States, .thous. of long tons.. Merchant furnaces thous. of long tons.. Canada thous. of long tons.. Furnaces in blast, end of month: Furnaces number Capacity long tons per day Per cent of total per cent Ohio gray-iron foundries: MeltingsActual long tons.. Normal long tons Ratio to normal per cent of normal Stocks, end of month__per cent of normal-Receipts per cent of normal Malleable castings:* Production short tons Operating activity per ct. of capacity-Shipments short tons.. New orders short tons Wholesale prices: Foundry, No. 2 northern dolls per long ton Basic (valley furnace). .dolls, per long ton.. Composite pig iron dolls, per long ton.. 3,302 648 95 3,370 722 103 3,442 791 88 3,206 707 94 3,714 755 86 2,900 625 65 3,200 611 78 +15.8 +6.8 -8.5 +16. i; +23. 6, +10.3 194 108, 575 57.6 201 110, 675 60.9 202 111, 985 62.2 207 115, 770 64.7 212 120, 740 66.5 187 100, 060 53.6 197 104, 650 56.8 +2.4 +4.3 +2.8 +7.6 +15.4 +17. 1 17, 249 18, 849 91.6 130 95 14, 284 18, 182 78.5 124 85 19, 710 18, 917 114.2 126 105 23,037 22,288 103.3 121 107 20, 662 18, 985 108.8 133 107 15, 270 15, 245 3100.0 135 105 13, 355 12, 123 3 110. 00 149 115 -10.3 -14.8 +5.3 +9.9 0.0 63,560 66.8 58, 346 59, 664 59, 432 63.4 56, 861 61, 319 3 73, 185 77.5 3 77, 198 3 77, 046 3 73, 879 77.7 3 71, 114 3 78, 049 84, 496 88.6 81, 826 87, 739 65, 359 66.8 61, Oil 64, 419 70, 070 73.0 71, 224 70, 288 19.39 17.50 18.96 19.51 17.50 19.06 19.26 17.50 19.05 19.26 17.50 19.07 19.51 17.50 19.11 19.01 17.00 18.45 16, 846 17, 362 13, 252 77, 785 9,345 12, 281 12, 096 74, 352 11, 248 9,605 8,224 77, 015 12,488 7,676 7,071 80,880 12, 248 7,208 6,151 86, 526 26, 770 36, 328 28, 502 135, 889 12, 542 25, 368 26,268 122, 487 32, 938 17, 888 15, 866 136, 986 31, 631 14, 269 13, 111 153, 759 10, 825 19, 219 16, 931 6,670 13, 932 14, 798 14, 512 9,407 8,998 54, 776 47, 572 250, 315 202, 868 233, 072 598, 518 8,970 1,951 208 10, 362 +15.5 2,253 +15.5 268 +28.8 +54. 71 +56. 6 -1.1 -10.7 -7.0J 42, 602 63,409 +48.8 +14.4 +14.0 +15.1 +12.4 +20.6 +21.4 +14.9 +24.8 196, 501 231, 560 +17.8 187, 667 197, 035 230, 138 +22.6 242, 834 +23.2 19.01 17.00 18.40 +1.3 0.0 +0.2 +2.6 +2.9| +3.9J 13, 341 10, 620 10, 566 81, 894 15, 631 10, 407 11, 238 87, 666 -1.9 -6.1 -13.0 +7.0 -21. 6 -30. 7 -45.3 -1.3 38,009 32, 036 33, 315 35,984 -5.3 24, 489 -23.6 21,446 -35.6 28, 429 11, 476 11,844 170, 212 29,068 18, 099 19, 466 131, 341 36, 544 16,474 17,006 151, 678 -10.1 -19.6 -9.7 +10.7 -22.2 -30.3 -30.4 +12.2 90, 355 53, 865 54, 702 92, 998 +2.9 43, 633 -19.0 40, 821 -25.4 14, 354 7,316 7,315 13, 182 6,116 6,062 14, 774 9,357 12, 139 18, 039 7,994 8,792 -8.2 -17.1 -17.1 -26.9 -23.5 -31.1 45, 394 28, 012 30, 921 42,048 -7.4 22, 839 -18.5 22, 375 -27.6 52, 599 59, 721 66, 903 54, 353 64,467 +12.0 +3.8 153, 744 128, 380 83,300 581, 451 115, 100 88, 463 202, 075 704, 041 129, 966 100, 888 186, 770 706, 569 239, 879 171, 048 177, 375 825, 707 128, 824 103, 250 165, 901 880, 423 177, 859 147, 845 217, 385 923, 617 +84.6 +69.5 -5.0 +16.9 +34.9 +15.7 -18.4 -10.6 403, 272 337, 987 516, 019 484, 945 +20.3 360, 399 +6.6 566, 220 +9.7 4,259 87 108 4,019 85 103 4,482 88 116 4,318 96 117 5,049 95 137 4,045 86 99 4, 508 89 118 +16.9 -1.0 +17.1 +12.0 +6.7 +16.1 12, 544 13, 849 +10.4 301 370 +22.9 3,673 3,977 4,109 4,144 4,411 4,398 4,335 +6.4 +1.8 82, 385 56 30, 799 51, 586 82, 203 56 26, 484 55, 719 93, 413 64 35,689 57,724 3 97, 568 67 40, 282 3 57, 286 114, 632 79 43, 748 70,884 87, 727 60 37, 719 50,008 93,989 64 38, 448 55,541 +17.5 +17.9 +8.6 +23.7 +22.0 +23.4 +13.8 +27.6 256, 170 305, 613 +19.3 104, 881 151, 289 119, 719 +14. 1 185, 894 +22.9 84, 742 58 34,545 50, 197 96, 373 65 43,928 52, 445 124, 313 3 115, 639 79 85 58. 903 64,809 59,504 56, 736 130, 271 89 60,677 69,594 91, 076 62 41, 096 49, 980 83, 755 57 30, 992 52, 763 +12.7 +12.7 +3.0 +22.7 +55.5 +56.1 +95.8 +31.9 266, 279 370, 223 +39.0 113,364 152, 915 184, 389 +62.7 185, 834 +21.5 358, 402 104.8 302, 182 95.1 391,404 109.9 326, 468 109.7 364, 202 115.2 330, 565 98.7 366, 127 103.0 +11.6 +5.0 -0.5 +11.8 1, 013, 233 174, 028 63, 014 307, 790 346, 041 565, 739 191, 429 66,750 296, 687 323, 421 592, 094 198, 874 63, 739 362, 229 438, 390 652, 602 188, 441 61, 058 325, 848 389, 496 706, 955 189, 050 63, 397 363, 648 464,297 791, 615 169, 918 55, 594 298, 420 266, 210 667, 054 163, 846 53, 144 359, 532 399, 441 675, 196 +0.3 +3.8 +11.6 +19.2 +12.0 +15.4 +19.3 +1.1 +16.2 +17.2 932, 078 968, 572 1,051,725 +9.0 1, 292, 183 +33.4 1,631,705 1, 868, 055 +14.5 1, 633, 042 1, 855, 520 +13.6 . Cast-iron Boilers and Radiators Round boilers: Production thous. of lbs_. Shipments thous of Ibs New orders thous. of Ibs. . Stocks end of month thous of Ibs Square boilers: Production thous. of Ibs Shipments thous of Ibs New orders thous. of Ibs. Stocks, end of month... thous. of Ibs. _ 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 so ft heating surface Gas-fired boilers: Shipments ._ dollars. _ Shipments thous. B. t. u Production thous. B. t: u. Stocks end of month thous B t u Crude Steel Steel ingots, production: United States, total.. -thous. of long tons.. Ratio to capacity per cent Canada thous. of long tons.. U. S. Steel Corporation, unfilled orders, end mo._thous. of long tons.. Steel castings:! ProductionTotal . short tons.. Ratio to capacity per cent Railroad special ties. _ short tons.. Miscellaneous . short tons.. New ordersTotal __ 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 monthTotal net tons Shipments . net tons.. New orders nettons.. Unfilled orders, end of month net tons.. Steel barrels: 518,944 636, 855 +30.8 +16.5 558, 492 567, 398 742, 165 551, 113 Production . .... barrels. .. 563, 647 46.2 55.1 +28.2 +10.7 61.0 48.4 47.6 48.0 47.1 Ratio to capacity per cent.. 514, 362 644, 521 +31.9 +15.3 548, 581 563, 532 743,407 568, 353 549, 913 Shipments barrels. -2.1 +15.1 58,935 51, 269 60,242 59,000 56, 376 45, 365 46, 465 Stocks end of month barrels +9.4 -4.8 957, 117 1, 357, 143 1, 661, 710 1, 543, 846 1,470,258 1,417,627 1, 343, 583 Unfilled orders, end of month barrels.. -0.9 15, 058 +22.6 11, 371 a 10, 344 3 12, 180 14, 927 8,379 11,061 Track work, production short tons Iron, steel, and heavy hardware 158 192 187 187 210 sales rel to Jan 1921 236 293 +11.4 +20.5 353 221 290 317 255 Lock washers, shipments thous. of dolls ._ t See table on p. 19 of the March, 1929, issue for earlier data. ' See table on p. 20 of Metch, 1929, issue for earlier data. 35, 761 748 3 1, 082, 074 37, 451 +6.8 +4.7 960 +28.3 Revised. 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 27 to 138 of the February, 1929, "Survey" November 1939 December PER CENT INCREASE (+) OR DECREASE (-). 1928 January February March February March Mar., 1929, from Feb., 1929 Mar., 1929, from Mar., 1928 CUMULATIVE TOTAL FROM JAN. 1 THROUGH MAR. 31 1928 1929 Per ct. increase or decrease: cumu ative 1929 from 1928 IRON AND STEEL— Continued Crude steel— Continued Wholesale prices: Steel billets, Bessemer_doll5. per long ton.. Iron and steel comp... dolls, per long ton.. Structural steel beams.. dolls, per 100 lbs_. Composite finished steeLdolls. per 100 lbs._ 33.00 35.92 1.90 2.52 +2.3 +0.3 0.0 0.0 +3.0 +1.6 0.0 +0.4 257, 950 +32.9 67! +32. 9 227, 150 . +16. 1 59 +16.1 +38.8 +38.8 +22.0 +22.0 46, 840 59 25, 226 39, 957 -2.4 -2.7 +35.0 +17.5 1,171 1,285 1, 462 1,470 2,923 2,884 2,344 2,909 3,296 2,389 974 920 766 1,110 1,146 802 274, 296 45,573 259, 711 45, 333 69, 415 188, 738 66, 991 35, 073 33.00 36.20 1.90 2.53 33.00 36.24 1.90 2.55 33. 25 36. 25 1.90 2.55 34.00 36.37 1.90 2.55 33.00 35. 57 1.85 2.52 246,400 64 277, 200 72 273, 350 71 281, 050 73 269,500 70 238, 700 62 358, 050 93 277,200 72 265, 650 69 173, 250 45 40, 441 51 15,152 40,045 32, 705 41 11, 055 50,276 3 58, 684 374 16, 093 52, 934 57, 262 72 21, 719 62, 179 49,820 62 25, 532 40, 354 1,343 1,308 1, 075 1,253 3 1, 028 3 1, 192 1,466 1,558 3,117 3,611 2,410 3,615 3,893 2,581 3,243 3,060 2,408 791 829 757 902 1,100 819 221, 810 41, 628 68, 783 165, 738 72, 677 45, 561 58, 425 175, 104 63, 756 39, 182 33.00 35.81 1.90 2.54 Fabricated Steel Products Structural steel, fabricated: * 242, 550 New orders (prorated) short tons 63 Ratio to capacity per cent 281, 050 Shipments (prorated) short tons 73 Ratio to capacity per cent Steel plate, fabricated, new orders: 54, 418 Total short tons.. 68 Ratio to capacity per cent 32, 381 Oil storage tanks short tons.. 46,902 Steel bars, cold finished, shipments.short tons.. Steel boilers, new orders: 1 1,660 Quantity number-1,460 Area _•_ thous. of sq. ft.. Steel furniture: Business group2,854 Shipments . . thous. of dolls .. 2,676 New orders .thous. of dolls. . 1,917 Unfilled orders,end mo.thous. of dolls.. Shelving916 Shipments thous. of dolls 875 New orders thous of dolls 721 Unfilled orders, end mo.thous. of dolls.. Iron and steel: Exports long tons.. 256, 886 Imports _ long tons.. 50, 038 Enameled Ware Baths: Shipments... pieces.. Stocks, end of month pieces New orders 1 pieces. . Unfilled orders, end of month pieces.. Lavatories: Shipments.. _ ..pieces.. Stocks, end of month pieces ._ New orders _ pieces.. Sinks: Shipments .pieces.. Stocks, end of month pieces New orders pieces-Miscellaneous sanitary ware: Shipments pieces-Stocks, end of month ..pieces.. New orders __ _ _ _ _ -pieces _. Small ware (all except baths) : Unfilled orders, end of month pieces.. Enameled sheet-metal ware: Shipments dozen pieces 735, 350 900,900 604, 450 796, 950 +31.8- +22.3 +22.0 -13.9 +55.6 132, 447 148, 656 +12.2 61, 859 125, 321 48, 867 -21. 0 165, 389 +32. 0 +42.6 +30.7 +0.3 +6.0 3,877 3,748 3,569 4,003 3,169 3,283 2,512 -9.9 -5.8 -2.7 -7.8 -12.2 -6.7 8, 791 9, 827 9,781 9,837 682 741 743 832 841 775 +14.0 +24.6 +4.7 +33.4 +36.3 +3 5 2,194 2,351 2,986 3,166 270, 925 39, 888 185, 915 36, 861 221, 935 58, 666 +4.5 -12.0 +22.1 -32.0 613, 616 145, 430 66, 221 207, 324 73, 997 42, 556 82, 897 215,000 99, 039 54, 746 76/809 164, 842 84, 575 43, 321 95, 818 172, 292 124, 016 61, 880 +25.2 +3.7 +33.8 +28.6 -13.5 +24.8 -20.1 — 11.5 244, 146 218, 533 -10.5 286, 781 240, 027 79, 218 195, 323 81, 693 71, 607 . 81, 701 380,420 207, 940 230, 527 3 255, 596 68, 293 80, 614 3 88, 671 94, 191 278, 172 107, 813 87, 897 218, 529 98, 140 114, 556 227, 151 153, 131 +17.1 +8.8 +21.6 -17.8 +22.5 -29.6 288,984 256,312 -11.3 345, 222 277, 098 -19.7 89, 309 242, 837 92, 490 73, 623 258, 426 74, 700 93, 321 3 79, 162 276, 037 3 304, 051 86, 866 3 88, 647 97, 476 318, 099 107, 198 91, 302 263, 273 102, 611 119, 596 281, 911 147, 261 +23.1 +4.6 +20.9 -18.5 +12.8 -17. 304, 056 269, 959 346, 381 282, 711 -18.4 44, 159 125, 108 37, 852 34, 971 128, 259 28, 838 41, 197 3 33, 974 137, 588 3 141, 960 42, 036 3 37, 136 35,120 147, 678 42,200 42, 819 141, 134 46, 968 50, 302 137, 416 61, 600 +3.4 +4.0 +13.6 -20. +7 -31. 132, 865 110, 291 -17.0 148, 366 121, 372 —18.2 130, 873 118, 100 111, 258 3 171, 204 205, 882 124, 743 151, 592 +20.3 +35.8 442,689 2 692, 719 2 818, 448 +18.2 3 427, 871 390, 577 372, 848 Vacuum cleaners, shipments number 114, 272 71, 335 90, 427 Washing machines, shipments: 62, 533 82, 976 Total number 85, 798 Electric number 53, 442 75, 252 67,297 928 Water softeners, shipments. units. . 1,125 1,080 3 8, 053 Water systems, shipments units.. »9,871 « 7, 935 Pumps: Domestic shipments— Pitcher, hands units 37, 563 50, 723 44,330 2,124 Power, horizontal type units 2,093 2,265 Steam, power, and centrifugalNew orders thous. of dolls.. 2.084 1,695 1,424 1,481 Shipments thous. of dolls 1, 494 1,593 Unfilled orders,end mo.thous. of dolls. _ 3,714 3,538 3,800 Agricultural machinery and equipment: * ShipmentsTotal rel to 1923-25 108 2 123.9 156.0 136.2 Domestic... rel. to 1923-25 93.8 79.6 Foreign rel to 1923-25 257 4 280.8 259.5 Production rel to 1923-25 154.6 168.1 168.3 foundry equipment: New orders rel to 1922-24 197.8 180.5 166. 5 Shipments rel to 1922-24 264.0 177.3 234.6 Unfilled orders, end of mo rel. to 1922-24 403.9 333.8 336.1 Stokers, mechanical, sales: Quantity... . . number 102 97 116 Power. „ horsepower 42, 39$ 49,212 30,93 Machine tools: 29S New orders rel. to 1922-24 274 29 Shipments rel to 1922-24 251 24 245 67€ Unfilled orders, end of mo.--rel. to 1922-24 56 * 596 1 See table on p. 20 of the March, 1929, issue for earlier data. * See table on p. 18 of the March, 1929, issue for earlier data. 2 Cumulative through Feb. 28. 86, 507 75, 212 328, 875 3 322, 339 +22.5* —7. 9 +6, a 804, 932 +31.2 130, 794 -10.1 -16.3 -11.2 Machinery 90, 346 78, 125 ],490 36,450 1,506 9,322 74, 830 61, 944 1,396 7,050 1,956 3 9, 586 +1.1 +44.5 -23.0 -2.8 4,620 24, 575 4,076 23, 707 -11.8 -3.5 48, 135 2,085 48, 081 1,988 *54, 070 1,598 » 56, 001 2,582 -0.1 -4.7 -13.9 -23.0 160, 779 5,771 146, 939 6,338 -8.6 +9.8 1,432 1,578 33,658 1,878 1,608 3,912 1,346 1,177 3,260 1,418 1,352 3,309 +31.1 +1.9 +6.9 +32.4 +18.9 +18.2 3,901 3,667 210.2 172.8 405.0 177.3 237.1 230.8 285.4 181.7 168.8 159. 4 218.2 136.5 216.0 216.8 211.4 143.9 +12.7 +33. 6 -29.5 +2.5 +9.8 +6.5 +35. 0 +26.3 197.0 214.8 321.2 209.4 197.5 414.4 123.6 110. 6 132. € 138.6 147.9 i 127.1 +6.2 +51. -8. +33. +29. ( +226. 8C 31, 554 117 42, 432 43,642 123 i 43, 425 +46. +34. -4. -2. 336 334 329 687 20] 17< 33( 222 210 376 -0. +8. -2. +50. +56. +82. 70 28; 113, 64C) 3 Revised. * See table on p. 21 of the March, 1929, issue for earlier data. 5,005 +28.3 4,66 +27.3 29 116,37 +3.9 +2.4 27 TREND OF BUSINESS MOVEMENTS—Continued 1938 The cumulatives shown are through March, except where otherwise noted. Earlier data for items shown here mag be found on pages 27 to 138 of the February, 1929, "Survey" 1939 PER CENT INCREASE (+) OR 1928 DECREASE (— ) November December January February March February March Mar., 1929, from Feb., 1929 Mar., 1929, from Mar., 1928 CUMULATIVE TOTAL FRO.M JAN, 1 THROUGH MAR. 31 1939 1938 Per ct. increase ( or1? decrease (-) cumulative 1929 from 1928 IRON AND STEEL-Continued Machinery— Continued Electric hoists: New ordersQuantity _ number. . Value dollars.. Shipments.. _ dollars Electric overhead cranes: Shipments . _ . _ thous. of dolls. New orders.. ..thous. of dolls. _ Unfilled orders, end of mo.thous. of dolls.. Woodworking machinery: New orders . . . thous. of dolls Cancellations. _ thous. of dolls. _ Unfilled orders, end of mo.thous. of dolls.. Shipments thous. of dolls Shipments number of machines Electric industrial trucks and tractors: Shipments, domestic— Tractors _ .number of vehicles All other types number of vehicles.. Exports number of vehicles Fire-extinguishing equipment, shipments: Motor vehicles number Hand types . . . _ numberPatents issued: Total, all classes number.. Agricultural implements _ . .number _. Internal-combustion engines number. . +6.8 +9.7 +15.5 1,302 593, 546 514, 842 1,878 +44.2 885, 469 +49.2 662,415 +28.7 672 704 1,699 +31.9 +15.0 +63.6 +172. 6 +30.9 +153. 1 1,699 1,581 2,211 +30.1 4,475 +183. 0 1,317 21 1,438 1,346 1,064 -2.3 -49.1 +10.1 +4.7 +17. 5 +40.5 +38.1 +97.4 +15.9 +10.8 3,707 53 5,692 +53.5 136 +156. 6 3,623 2,874 4,470 +23.4 3,180 +10.6 18 +40. 0 95 +53. 7 16 +233.3 -22.3 +95.8 -37.5 38 279 43 28 — 26. 3 436 +56.3 32 -25.6 108 52, 375 +39.5 +16. 8 -1.9 +5.7 272 136, 260 272 148, 337 +8.9 3,136 32 61 3,229 49 52 +7.4 +2.4 +4.2 +4.0 -14.3 -3.8 9,869 126 164 10, 319 130 149 +4.6 +3.2 -9.1 93, 303 107, 253 163, 561 192, 792 105, 860 43, 745 67,423 81, 895 124, 848 147, 546 73, 789 43, 092 70, 327 79, 110 128, 972 147, 842 72,642 48, 210 +10.1 +12.6 +15.7 +15.4 +7.2 -12.3 +32.7 +35.6 +26.8 +7.2 +45.7 -9.3 206,219 238,434 376, 543 439, 134 211, 255 143, 397 264,363 303, 638 459, 418 538, 665 304, 766 146, 164 +28.2 +27.3 +22.0 +22.7 +44.3 62, 749 55, 213 3 245, 210 3 241, 085 .1773 .1660 52, 963 242, 341 .2126 86, 932 231, 904 .1382 87, 292 225, 721 . 1385 -4.1 -39.3 +0.5 +7.4 +19.9 +53.5 461 412 1,064 376 302 411 305 1,077 410 325 473 439 1,085 1,172 789 435 453 1,150 399 297 486 494 743 412 522 258, 867 215, 863 475 188, 693 211, 815 533 253, 194 213, 663 750 346, 810 201, 404 595 285,465 247, 348 399 172, 472 166, 920 557 260, 222 214, 080 701 725 2,189 623 559 2,092 852 1,383 2,547 3,285 586 1,173 773 1,919 4,300 595 519 1,763 1,295 21 1,838 1,502 985 1,360 36 1,792 1,353 957 1,949 50 2,367 1,420 998 1,893 57 1,850 29 2,839 1,560 1,179 1,245 9 1,539 1,147 896 9 117 6 10 126 17 4 129 19 310 121 3 14 186 10 15 86 18 126 41, 954 100 41, 596 90 45, 608 76 47, 376 106 55, 353 91 40, 710 3,494 39 63 3,309 34 54 3,835 47 51 3,127 41 48 3,357 42 50 85,382 103, 137 155, 448 183, 813 99, 822 45, 171 85,577 103, 386 147,905 179, 240 84,889 38,635 3 86, 325 384,735 101, 151 3 95, 234 141, 385 154, 472 3 178, 783 3 167, 090 98, 771 100, 135 52, 523 49, 896 52, 153 244, 854 . 1578 65,466 249, 995 .1584 ft.. ft.. ft ft.. ft_. 423 395 1,092 422 301 425 391 1,099 419 449 ft.. 482 469 Deliveries (consumption) long tons Stocks, end of month: World visible supply long tons United States long tons Imports long tons Wholesale price, Straits, N. Y.. .dolls, per Ib... 7,145 7,155 8,795 6,750 8,175 22, 067 3,603 6,221 .5085 24,563 2,428 5,250 .5021 24,237 2,611 9,498 .4916 26, 402 3,307 7,325 .4937 26, 632 2,550 7,435 .4885 61, 544 53.0 50, 260 46,542 61, 544 53.0 50, 591 45, 441 63, 314 54.5 49, 709 45, 418 67, 631 56.4 48, 154 40, 420 67, 519 56.3 55, 471 37, 962 49, 246 51, 013 .0626 79, 308 25, 760 .0635 48, 777 27, 309 .0635 50, 848 24, 535 .0635 58, 021 57, 225 58, 607 9,102 91, 538 55, 660 156, 879 .0639 10, 374 67, 395 53, 953 161, 460 .0650 6,097 71, 412 53, 881 3 156, 182 .0665 5,630 1,274 4,357 4,986 837 4,149 6,093 1,217 4,877 2,579 1,490 1,003 -20.7 -17.7 +22.8 0.0 NONFERROUS METALS Copper Production: Mines . _. short tons Smelter short tons Refined (N. and S. America) ..short tons.. World production, blister _ ..short tons . Domestic shipments, refined short tons Exports short tons Stocks (North and South America), end of mo.: Refined short tons Blister short tons Wholesale price, electrolytic dolls, per lb._ Wire Cloth Production .thous. of sq. Shipments thous. of sq. Stocks end of month thous of so New orders... _ thous. of sq. Unfilled orders, end of mo thous. of sq. Make and hold orders, end of month thous. of sq. 584 +15.1 -19.0 -2.9 452 +43.9 1,141 +0.7 -4.9 400 +185. 9 +193. 0 269 +142. 8 +193.3 +1.9 1,468 1,330 1,345 -8.4 1,156 -13.1 1,213 1,958 +61.4 422 +50.4 +76.1 5,790 7,960 +21.1 +2.7 19, 165 23,720 +23.8 17, 645 1,998 5,992 .5249 15, 586 2,078 8,138 .5218 +0.9 +70.9 -22.9 +22.7 -8.6 +1.5 -1.1 -6.4 19, 857 24, 258 +22.2 72, 444 57.2 50, 042 41, 290 71, 252 56.2 55,881 41, 529 -0.2 -0.2 +15.2 -6.1 -5.2 +0.2 -0.7 -8.6 158, 337 153, 334 72, 206 20, 969 .0646 47, 217 52, 398 .0555 47, 972 59, 746 .0562 +42.0 -14.5 +1.7 +50.5 -64.9 +14.9 132, 801 171, 831 +29.4 3 48, 254 51, 080 54, 991 58, 031 +5.9 -12.0 167, 428 157, 941 8,929 71,282 13, 329 101, 763 20, 552 225, 173 28, 355 +38.0 244, 457 +8,6 .0745 6,424 77, 054 52, 150 173, 411 .0600 +49.3 +107. 5 +42.8 +32.1 160, 597 . 0685 6,665 72, 264 54, 021 167, 692 .0633 5,720 1,025 4,696 6,466 1,295 5,171 4,470 1,027 3,444 4,928 1,025 3,903 +13.0 +31.2 +26.3 +26.3 +10.1 +32.5 14, 327 2,946 11, 381 18, 279 +27.6 3,537 +20.1 14, 744 +29.5 Tin Zinc Reports in operation, end of month__number__ Per cent of total per cent Production short tons Stocks, end of month short tons Ore, Joplin district: Shipments _ short tons.. Stocks, mines, end of month.. .short tons.. Price, slab, prime western dolls, per lb._ Lead Production ... short tons Ore shipments: Joplin district _ fliort tons Utah _ _ .short tons.. Receipts in U. S. ore short tons Stocks, U. S. and Mexico, end mo. .short tons.. Price, pig, desilverized, N. Y dolls, per lb_. -3.2 -5.7 +8.8 +24.2 Other Metal Products Babbitt metal, consumption: Total apparent Direct by producers Sale to consumers 3 Revised. thous of Ibs thous. of lbs__ thous. of lbs_. 28 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 27 to 138 of the February, 1929, "Survey9' November December PER CENT INCREASE (+) OR DECREASE (— ) 1938 1929 March January February February Mar., 1929, from Feb., 1929 March Mar., 1 1929, ! from Mar., 1928 CUMULATIVE TOTAL FROM JAN. 1 THROUGH MAR. 31 Per ct. increase <•# or decrease (-) cumulative 1929 from 1928 1928 1939 1, 059, 251 -7.1 438, 625 +0.9 508, 616 -19.1 112, 030 +44.6 NONFEBROUS METALS-Contimied Other Metal Products— Continued Band instruments, shipments: Total.. _ _ Cup mouthpieces S axophones Woodwind Pails and tubs, galvanized: Production Shipments.. Other galvanized ware: Production Shipments .dollars,. dollars dollars _ dollars- 469, 884 197, 028 242, 561 30,295 528, 391 199, 785 275, 400 53,206 322, 284 135,704 145, 252 41,328 340, 522 135, 619 170, 625 34, 278 396, 445 167, 302 192, 739 36, 424 411, 978 156, 153 227, 193 28,632 445, 709 164, 609 254, 485 26, 615 +16.4 -11.1 +23.4 +1.6 +13.0 -24. 3 +6.3 +36.9 1, 140, 736 434, 821 628, 464 77, 451 dozens. dozens.. 131, 792 103,290 112, 923 102, 802 151, 106 165, 745 151, 019 170, 813 211,252 211,516 177, 822 176, 125 173, 592 175, 472 +39.9 +21.7 +23.8 +20.5 476, 950 500,901 513, 377 548,074 dozens. . dozens 33, 553 34, 012 36,042 23, 567 40, 649 36, 896 60, 471 43,329 50, 055 49, 549 31,609 29,085 50,904 45, 205 -17.2 +14.3 -1.7 +9.6 115, 191 109, 979 151, 175 +31.2 129, 774 +18.0 105, 716 185, 908 735, 865 3,683 2,576 1,380 65,809 110, 933 438, 584 2,441 1,070 975 49, 536 131, 212 444, 804 1,297 1,381 1,087 +3.1 +29.1 +12.8 -1.3 +22.5 -6.0 +113.4 +41.7 +65.4 +184.0 +86.5 +27.0 192, 557 357, 539 1, 291, 789 7,101 3,542 3,189 +7.6 +9.4 Electrical Equipment Electrical porcelain, shipments: 141, 065 102, 547 152, 143 * 92,359 Standard dollars 144, 025 128, 299 Special.. dollars . 146,476 129, 835 485, 502 652, 211 518, 956 440, 079 High tension dollars 4,383 3,767 3,731 5,350 Glazed nail knobs thous. of pieces 2,644 2,906 1,614 2,103 Unglazed nail knobs thous. of pieces.. 1,911 3,111 1,997 1,468 Tubes thous. of pieces Laminated phenolic products, shipments dollars 1, 139, 205 1, 062, 194 1, 247, 653 1, 372, 745 Outlet boxes and covers shipments pieces 3, 071, 288 1, 784, 587 3, 273, 963 2, 168, 723 Vulcanized fiber: 585 767 759 577 Shipments, total thous of dolls 2,731 3,531 2,974 2,748 Consumption thous of Ibs 149, 046 163, 491 128, 077 137, 291 Industrial reflectors, sales units _ 1,995 2,405 2,151 1,711 Power cables, shipments thous. of ft 683, 664 877, 401 2, 715, 105 3, 166, 488 134, 751 685 2,442 118, 363 1,611 662 2,965 137, 102 1,770 -1.9 -1.7 349, 328 458, 232 1, 873, 578 11,797 7,585 4,759 +81.4 +28.2 +45.0 +66.1 +114. 1 +49.2 21,361,525 22,620,398 24,854,143 25,442,686 +92.5 +12.1 2 1, 348 2 4, 797 392, 882 2 3, 321 2 1, 526 +13.2 2 6, 505 +35.6 421, 088 +7.2 '3,706 +11.6 Electrical Equipment Flexible cords: 63, 726 Shipments thous of ft 39, 013 Stocks end of month thous of ft Welding sets, new orders: 218 Single operator units 24 Multiple operator units 7,543 Nonmetallic conduits, shipments-thous. of ft.. 7,171 Electric furnaces, new orders. _. kilowatts. . Manufactured mica: 267 Shipments thous of dolls 244 Unfilled orders, end of mo thous. of dolls Delinquent accounts, electrical trade: 147, 737 Amount dollars 1,107 Delinquent firms number 44, 544 41, 461 49, 909 41, 757 45, 973 45, 238 37, 279 47, 277 42, 390 44, 958 2 72, 361 2 95, 882 +32.5 291 90 4,733 8,109 281 11 7,475 10, 769 328 4 5,048 12,092 7,134 172 21 6,755 3,892 285 31 8,270 5,967 2300 228 2 14, 840 12, 796 2 12, 523 -15.6 29, 995 +134. 4 259 254 288 305 289 338 335 308 170, 226 1,107 131, 447 1,056 162, 875 1,137 209, 002 1,363 3 475, 373 3 414, 740 3 58, 525 -41.0 +19.6 2609 215 +103. 0 -46.4 309 310 +15.9 -8.9 +8.4 -0.6 184, 688 1,407 213, 043 1,769 +28 3 +19.9 19 -23.0 584, 733 513, 266 69, 559 323, 796 291, 151 32, 645 413, 314 371, 821 41, 493 968, 838 868, 618 100, 220 1, 460, 801 +50.8 1, 275, 053 +46.8 179, 688 +79.3 31, 287 3 25, 584 3 5, 703 40, 621 32, 833 7,788 12, 504 10, 315 2,189 17, 469 15, 227 2, 242 +23.0 +41.5 +23.8 +38.0 +18.9 +67.6 +29.8 +132. 5 +28.3 +115. 6 +36.6 +247. 4 38, 436 32,247 6,189 93, 409 +143. 0 75,581 +134. 4 17,82 +188. 1 55,058 35, 253 19,805 76, 382 51,504 24, 878 33, 952 25, 114 8,838 49, 974 40, 181 9, 793 10, 849 7,694 3,155 15, 528 10, 194 5,334 4,111 2,628 1,483 3, 557 2,686 871 +43.1 +336. 5 +32.5 +279. 5 +69.1 +512.4 11, 170 7,152 4,018 35,34 23,52 11,820 175, 148 138, 570 220, 391 205, 118 169, 232 132, 029 197, 821 183, 706 +25.8 +48.0 +11.4 +11.7 243 136 69 19 24,41 2, 26 275 148 85 224 26, 569 2,613 18 128 9 15 9,66 1,806 231 136 113 174 3 12, 171 2,420 +13.2 +8.S +23.2 +16.' +8.* +19.0 +8.8 -24.8 +28.7 165, 25 7,43 34,54 50,004 72,67 604 254, 723 11, 370 53, 461 76, 360 112, 820 712 AUTOMOBILES Production: United StatesTotal number of cars.. 3 257, 140 3 234, 116 3 400, 695 Passenger cars number of cars. . 217, 454 205, 993 3 347, 047 3 58 584 Trucks number of cars 3 39, 686 3 28, 123 Canada11, 769 9,425 21, 501 Total number of cars 6,734 17,164 Passenger cars number of cars 8,154 2,691 4,337 Trucks number of cars 3,615 Exports (assembled): From United States29, 954 Total number of cars 46, 893 37, 665 24 631 20, 945 Passenger cars number of cars 29, 684 9,009 Trucks number of cars 17, 209 13, 034 From Canada8,783 Total number of cars 6,646 8 971 4,510 Passenger cars number of cars_. 4,906 5,640 3,877 Trucks number of cars 2,136 3,331 Shipments (General Motors Co.): To dealers. number of cars 35, 441 47, 587 127, 580 To users number of cars. _ 33, 442 91, 410 104, 488 Accessories and parts: Shipments212 163 164 Original equipment— rel. to Jan., 1925.. 14S 131 141 Replacement parts— rel. to Jan., 1925.. 73 77 | Accessories rel. to Jan., 1925 7S 122 120 173 Service parts rel to Jan , 1925 Exports thous of dolls 13,15 11, 182 20,06* Rim'production thous. of rims 1,213 1,101 1,83£ New passenger-car registrations: Total number of cars 154, 603 212, 06^ 219, 694[ 6,914 Highest price group number of cars 7,95C 7,09f > Second highest group number of cars.. 35, 084 27,966 35, 47c 37, 283 Third highest group number of cars.. 52,294 48, 714[ Lowest price group number of cars 82,045 115, 98 127, 80C) M iscellaneous number of cars . . 395 611 75€ 2 Cumulative through Feb. 28. \ 3 +53. e Revised. -yis.3 >8.0 492, 234 423, 01 29,43 6,03 523, 11 448, 17 +216. 5 +229.0 +194.2 +6.3 +5.9 71,05 +141.4 6,71 +11.2 29 TREND OF BUSINESS MOVEMENTS—Continued 1938 The cumulatives shown are through March, except where otherwise noted. Earlier data for items shown here may be found on pages 27 to 138 of the February, 1929, "Survey" November December 1939 January February PER CENT INCREASE (+) OR DECREASE (— ) 1938 March February March Mar., 1929, from Feb., 1929 Mar., 1929, from Mar., 1928 CUMULATIVE TOTAL FROM JAN. 1 THROUGH MAR. 31 1938 1939 Per ct. increase <+) or decrease (-) cumulative 1929 from 1928 FUELS Coal and Coke Bituminous: Production— United States thous. of short tons.. 46,041 43, 380 Canada. thous. of short tons 1,718 1,519 Exports . . . thous. of long tons 1,617 1,093 C onsumption — By vessels . thous. of long tons 334 301 By electric-power plants thous. of short tons 3,738 3,870 8,084 By railroads thous. of short tons.. 8,040 By coke plants— 6,595 U. S ... thous. of short tons 6,830 284 296 Canada thous of short tons PricesMine aver, (spot) .dolls, per short ton_. 1.85 1.81 Wholesale, comp. .dolls, per short ton 4.008 4.006 Retail, composite. dolls, per short ton.. 9.07 9.11 Anthracite: 7,457 Production. thous. of short tons 6,226 Exports thous. of long tons 259 306 PricesWholesale, comp dolls per long ton 13,040 13.040 Retail, composite .dolls, per short ton.. 15.07 15.06 Coke: Production, U. S.— Beehive.. _. .thous. of short tons.. 416 398 By-product thous of short tons 4,133 4,317 Production, Canada. .thous. of short tons.. 205 213 Exports thous. of long tons 121 98 Price, furnace, Connellsville. .dolls, per short ton 2.87 2.75 Crude petroleum: Production thous. of bbls.. 79, 448 76, 031 Stocks at end of monthTotal (comparable) thous. of bbls._ 367, 619 368, 431 Tank farms and pipe 327, 902 lines thous. of bbls 326, 852 Refineries thous of bbls 40, 529 40, 767 CaliforniaLight thous. of bbls 16, 524 16, 995 Heavy thous. of bbls.. 99, 975 98, 529 Imports thous of bbls 6,807 6,908 Consumption (run to stills) .thous. of bbls.. 79, 520 77, 149 Refmery operation per ct. of capacity. . 81 78 Price, Kansas- Oklahoma dolls per bbl 1.210 1.210 Oil wells completed number-1,195 1,059 Mexico— Production .. thous. of bbls 3,724 3,748 Exports thous. of bbls.. 1,808 2,199 Venezuela— Production thous. of bbls.. 11, 291 12, 270 Exports thous. of bbls, . 9,660 10, 010 Gasoline: ProductionRaw (at refineries) thous. of bbls.. 33, 907 33, 171 Natural gas (at plants) .thous. of bbls.. 3,769 3,929 Exports thous. of bbls 4,610 3,675 Consumption _ thous. of bbls._ 26, 052 26, 644 Stocks, end of monthRaw (at refineries) thous. of bbls ._ 29,185 33,066 404 Natural gas (at plants) -thous. of bbls.. 608 Prices— Wholesale, New York _ dolls, per gal .180 .180 Retail, wagon 50 cities. .dolls, per gal_. .160 .160 Kerosene: Production thous of bbls 4,908 4,968 Exports ..thous. of bbls.. 1,229 2,087 C onsumption thous of bbls 3,632 2,545 Stocks at refineries, end mo. thous. of bbls__ 8,886 9,001 Price, 150° water white dolls, per gal . .078 .080 Gas and fuel oils: Production thous. of bbls. . 35, 771 37,293 C onsumption— By vessels thous. of bbls. _ 4,235 4,235 By electric pow. plants.thous. of bbls.. 848 630 By railroads thous. of bbls 4,490 4,440 Stocks at refineries, end mo. thous. of bbls.. 37, 878 34, 926 Price, Okla. 24-26, refineries. dolls, per bbL. .625 .650 Lubricating oil: Production _ ". . thous. of bbls 2,748 2,993 Consumption thous. of bbls.. 1,699 1,763 Stocks at refineries, end mo.thous. of bbls.. 7,921 8,340 Price, cylinder oil dolls, per gal .246 .271 Asphalt: Production thous of short tons 244 170 Stocks, end of month. thous. of short tons.. 228 236 Imports thous of short tons 11 11 Coke: Production.. thous. of short tons.. 131 132 Stocks, end of month.thous. of short tons__ 437 419 Wax: Production thous. of lbs._ 56, 665 54, 685 Stocks, end of month thous. of lbs._ 103, 949 110. 344 2 Cumulative through Feb. 51, 456 1,537 917 47, 271 1,611 999 39, 347 1,370 878 283 284 267 4,148 8,631 3,716 8,241 7,028 300 s 5, 901 279 1.85 4.035 9.09 41, 351 1,406 796 43, 955 1,404 756 -16.8 -15.0 -12.1 -10.5 -2.4 +16.1 +6.0 -7.2 267 305 3,455 7,872 3,472 8,265 6,656 315 5,964 233 6,548 251 +27.9 +12.9 +1.6 +25.5 1.87 4.029 9.07 179 3.995 9.06 1.86 4.069 9.28 1.91 4.044 9.26 -4.3 -0.8 -0.1 -6.3 -1.2 -2.2 7,337 298 6,670 274 5,044 151 5,582 224 5,497 189 -24.4 -44.9 -8.2 -20.1 13. 107 15.06 13. 107 15.07 13. 077 15.07 13. 232 15. 09 13. 207 15.08 -0.2 0.0 -1.0 -0.1 479 4,360 221 104 440 4,090 202 76 534 4,613 228 87 390 3,723 169 76 449 4,065 182 74 +21.4 +12.8 +12.9 +14.5 +18.9 +13.5 +25.3 +17.6 2.75 2.96 2.99 2.71 2.72 +1.0 +9.9 81, 979 75, 693 82, 515 68,471 74, 509 +9.0 +10.7 372, 913 376, 939 379, 659 363, 807 369, 249 +0.7 +2.8 330, 395 42, 518 332, 349 44, 590 333, 402 46, 257 320, 979 42, 828 325, 131 44, 118 +0.3 +3.7 +2.5 +4.8 19, 196 98, 682 8,075 78, 825 76 1.185 1,205 21, 810 99, 284 7,016 72, 031 76 1.110 1,086 24,067 100, 504 6,790 80, 708 78 1,110 1,074 20, 110 94, 797 6,036 66, 625 73 1.213 836 19, 633 94, 484 6,845 72, 428 75 1.190 949 3,515 1,895 3,130 1,208 4,474 3,032 4,729 3,379 11, 521 9,982 10, 326 9,032 10, 694 9,438 6,799 6,760 7,601 7,387 +3.6 +4.5 34, 335 3,983 4,506 22, 602 31, 264 33,736 3,797 22, 776 34, 467 4,324 4,594 28, 495 26, 856 3,324 3,326 21, 402 29, 276 3,471 3,777 24,294 40, 648 741 45, 704 821 47, 205 995 39, 853 824 .178 .151 .170 .147 .170 .149 4,700 1,896 2,956 8,865 .077 4,435 1,582 3,519 8,210 .075 36, 838 3,915 3939 4,499 32, 522 .625 +10.3 +22.6 +6.4 +1.2 -3.2 -0.8 +12.0 +11.4 +2.6 +4.0 0.0 -6.7 -1.1 +13.2 129, 514 4,508 2,402 138, 074 +6.6 4,518 +0.2 2,794 +16.3 834 891 -6.4 2 7, 150 2 16, 291 2 7, 864 +10.0 2 16, 872 +4.1 18, 680 741 19, 585 +4.8 894 +20.6 16, 769 646 19, 051 +13.6 723 +11.9 1,215 11, 685 533 215 1,453 13, 063 651 267 +19.6 +11.8 +22.1 +24.2 215, 693 240, 187 +11.4 19, 026 208, 120 21, 881 +15.0 231, 564 +11.3 3,365 +32.0 2.549 22 9, 244 5, 987 2 2 +40.7 +27.8 21, 394 20, 984 32, 541 +52.1 28, 452 +35.6 +10.2 +15.7 +21.0 +25.1 +17.7 +24.6 +21.6 +17.3 84, 113 10,200 10, 795 66, 474 100, 066 12, 043 12, 897 73, 873 + 19.0 +18.1 +19.5 +11.1 41, 078 843 +3.3 +21.2 +14.9 +18.0 .170 .147 .170 .148 0.0 +1.4 0.0 +0.7 4,515 1,872 2,976 7,855 .077 4,749 1,550 3,266 7,613 .070 4,715 1,852 2,722 7,760 .069 +1.8 +18.3 -15.4 -4.3 +2.7 -4.2 +1.1 +9.3 +1.2 +11.6 14, 522 5,747 8,787 13, 650 5,350 9,451 -6.0 -6.9 +7.6 34, 331 37, 456 31, 897 34, 437 +9.1 +8.8 99, 347 108, 625 +9.3 4, 252 860 4,235 3 30, 118 .638 4,213 733 4,236 610 4,106 29, 104 .850 -0.9 -14.8 -0.5 +20.2 30, 195 .675 3,751 540 3,853 29, 560 .850 +0.3 +5.8 +3.7 -20.6 11, 770 1,739 2 7, 899 12, 380 +5.2 2,532 +45.6 2 8, 734 +10.6 2,945 1,521 8,649 .299 2,503 1,751 8,534 .289 2,943 1,581 8,853 .293 2,728 1,543 8,332 .245 2, 878 1, 990 8, 383 .223 +17.6 -9.7 +31. 7 +1.4 +2.3 -20.6 +5.6 +31.4 8,260 5,125 8,391 4,853 + 1.6 -5.8 188 229 12 208 236 8 228 250 2 207 234 4 265 270 8! +9.6 +5.9 -75.0 -14.0 -7.4 75 0 674 624 7 4 19 22 +15.8 138 404 127 388 129 402 100 335 107 352 +1.6 +3.6 +20.6 +14.2 310 394 +27.1 58, 885 123. 521 28. 50, 027 140. 053 56, 372 158. 404 49, 158 136. 479 50, 170 +12.7 119. 522i +13.1 3 Revised. + 12.4 +32.5 154, 706 6, 645 -28.1 3, 103 -48.2 165, 284 +6.8 30 TREND OF BUSINESS MOVEMENTS—Continued 1928 The cumulative* shown are through March, except where otherwise noted. Earlier data for items shown here may be found on pages 27 to 138 of the February, 1929, "Survey" 1939 PER CENT INCREASE (+) OR 1938 DECREASE (-) November December January February March February March Mar., 1929, from Feb., 1929 CUMULATIVE TOTAL FROM JAN. 1 THROUGH MAR. 31 Mar., 1929, from Mar., 1928 1938 1939 Per ct. increase (+) or decrease (-) cumulative 1929 from 1928 RUBBER Crude Rubber World shipments, plantation. long tons.. Imports (including latex) long tons.. Consumption by tire mfrs. thous. of Ibs.. World stocks, end of month: World total _.. long tons.. United States long tons.. Europe long tons.. Producing countries long tons _ . Afloat long tons.. Wholesale price, smoked sheets, New York dolls, per pound. _ Tires and Tubes Pneumatic tires: Production thousands .. Stocks, end of month thousands-Shipments— Domestic thousands-Export thousandsInner tubes: Production thousands. _ Stocks end of month .thousands-Shipments— Domestic - thousands. Export - - ...thousands __ Solid and cushion: Production thousandsStocks end of month thousands ShipmentsDomestic thousandsExports thousands-Other Rubber Products Rubber-proofed fabrics: ProductionTotal thous. of yds_. Au to fabrics thous. of yds. . Raincoat fabrics thous. of yds All other thous. of yds_. Rubber heels: Production thous. of pairs. . Shipments— To shoe manufacturers-thous. of pairs.. To repair trade thous. of pairs For export thous. of pairs Stocks end of month thous. of pairs Rubber soles: Production thous. of pairs.. Shipments— To shoe manufacturers thous. of pairs To repair trade thous. of pairs.. For export - - -thous. of pairs. _ Stocks end of month thous. of pairs Mechanical rubber goods, shipments: Total thous. of dolls.. Belting thous. of dolls __ Hose - -thous. of dolls.. All other thous. of dolls . Rubber bands, shipments thous. of lbs_. Rubber flooring shipments thous. of sq. ft Calendered rubber clothing:* Production no. coats and sundries. _ Net orders no coats and sundries Cancellations no. coats and sundries. _ 91, 860 36, 624 48, 819 93, 019 43, 519 41,604 79, 177 57, 586 54, 161 74, 532 64,286 57, 559 222, 795 61, 957 27, 966 29,110 109, 400 228, 904 66, 166 22, 328 36, 343 102, 300 228, 343 76, 342 24, 095 33, 038 91,300 231, 035 90, 058 30, 355 37, 713 87, 250 .182 .179 .201 .239 4,556 9,434 4,204 10, 218 5,042 10, 284 3,539 209 3,201 242 4,198 11, 820 48, 579 33, 392 46,468 46,887 40, 688 48, 897 269, 572 108,955 66,268 25, 649 68,700 260, 991 114, 060 61, 478 22, 353 63,100 .244 .326 .266 5,184 11, 621 5,588 12, 149 4,784 8,826 5,128 9,318 4,721 248 3,750 212 4,728 230 3,653 133 4,137 174 3,888 12,087 4,888 11, 539 5,077 12, 749 5, 582 13, 133 5,176 11,020 5,427 11, 878 3,618 133 3,466 178 5,271 160 3,815 143 4,831 166 3,997 81 4,205 98 36 151 32 152 32 151 30 147 35 146 37 159 44 159 +16.7 -0.7 -20.5 —8 2 118 97 -17.8 34 3 28 3 31 2 30 2 38 2 36 3 41 5 +26.7 0.0 -7.3 -60.0 108 11 99 6 -8.3 -45.5 4,173 701 2,447 1,025 2,348 567 984 797 2,828 686 989 1,153 878 1,118 1,099 2,575 757 1,107 711 2,853 805 1,148 900 18, 686 15, 811 19, 975 18, 979 19, 181 22, 583 2 36, 863 2 38, 954 8,602 7,921 1,317 48, 691 7,321 5,586 1,108 50, 903 12, 867 6,809 1,001 50, 649 10, 196 6,737 1,479 50, 010 10, 802 6,754 1,127 44, 289 10, 083 9,407 1,169 46, 144 * 21, 588 2 13, 068 2 1, 920 2 23, 063 +6.8 2 13, 546 +3.7 2 2, 480 +29.2 2,649 2,771 3, 876 2,869 3,628 3,747 2 7, 059 2 6, 745 1,906 885 63 4,723 1,780 805 143 4,534 2,934 861 156 4,274 2, 217 755 24 4,077 1,692 1,090 282 3,822 2 4, 330 2 1, 908 2 1, 204 2 5, 151 +19.0 2 1, 616 -4.8 2180 -85.5 5,201 1,203 1,811 2,186 201 566 5,271 1.198 1,964 2,109 188 623 6, 033 1,305 2,378 2,350 219 418 6,135 1,413 2,271 2,451 240 432 2,087 992 529 3,381 5,828 1,351 2,289 2,198 195 493 6,675 1,524 2,589 2,562 216 667 211,458 2 2, 739 2 4, 546 2 4, 182 2413 2926 2 12, 168 +6.2 2 2, 718 0.8 2 4, 649 +2.3 2 4, 801 +14.8 2459 +11.1 2850 -8.2 93, 080 45, 876 1,072 76, 014 36, 363 895 58, 130 31, 437 618 59, 825 30, 286 1,387 85, 360 38, 876 210 111,319 123,073 15, 545 2 197, 784 2 64, 828 2 1, 226 2 117, 955 -40.4 2 61, 723 -4.8 22,005 +63.5 30,228 3,395 13, 118 6,537 4,116 38, 679 2,608 21, 456 5,911 5,060 31, 919 1,951 16, 195 7,841 3,785 33, 421 2,861 16, 269 7,453 4,276 48, 489 3,018 28,833 8,362 4,841 118,309 9, 289 63, 958 21, 263 14, 234 104, 663 -11.5 6,021 -35.2 53, 812 —15.9 22, 520 +5.9 13, 737 -3.5 267, 503 321, 679 24,733 21,091 262, 326 219, 274 23,636 19,416 249, 563 210, 760 21, 595 17, 208 238,736 200,897 21, 615 16,224 229,970 194, 655 20, 136 15, 179 .226 .250 .205 .219 .153 .171 .145 .183 .248 .291 .237 .269 667 341 5,782 1,053 736 369 5,738 1,150 569 311 4,478 953 632 409 3,645 1,006 666 374 5,780 1,048 665 407 5,140 1,016 72 239 50 71 249 35 HIDES AND LEATHER Hides Imports: Total hides and skins ..thous. of lbs_. 24, 720 Calfskins thous. of Ibs 2,690 Cattle hides thous. of Ibs _ 10, 103 Goatskins . thous. of lbs__ 5,773 Sheepskins thous. of Ibs 4,517 Stocks, end of month: Total hides and skins.. thous. of lbs_. 259, 330 Cattle hides thous. of Ibs., 215,668 22, 946 Calf and kip skins thous of Ibs Sheep and lamb skins thous of Ibs 20, 716 Prices: Green salted, packers' heavy native steers dolls per Ib .203 .242 Calfskins, country, No. 1 dolls. perlb.. Inspected slaughter of livestock: United States762 Cattle thous. of animals.. 378 Calves thous. of animals.. 4,455 Swine .. thous. of animals 1,189 Sheep . . thous. of animals. _ Canada106 Cattle and calves.. .thous. of animals.. 232 Swine thous. of animals.. 135 Sheeo thous. of animals.. »Cumulative through Feb. 28. 50, 610 100, 537 34, 063 1,462 16, 161 8,768 4,892 57 74 61 208 248 215 21 21 18 *See table on p. 22 of the April, 96, 713 113, 188 90, 177 153, 709 +58.9 172,482 +52.4 111, 720 +23.9 13, 938 15, 814 +13.5 11, 714 439 13, 199 +12.7 690 +57.2 +2.9 +10.6 14, 689 15, 547 +26.6 +20.9 + 16.1 +69.4 12, 671 269 13, 817 +9.0 469 +74.3 -21.3 +24.4 +11. 6 +2.1 -11.9 -8.3 +7.8 +9.0 • +4.5 +30.4 +26.1 +14.3 +8.5 +32.2 +9.9 +3.0 1,564 +15.3 2 2, 107 +6.4 2 2, 252 +59.3 1,357 1, 981 2 1, 414 2 +6.7 -29.8 -25.1 -51.6 -0.2 -43.9 +11.8 +4.9 +29.2 +1.1 +5.8 +5.7 -4.4 i 1 -5.2 +7.0 -38.8 -32.0 +11.1 -5.0 +31.5 +0.5 -18.6 -29.1 +5.6 -1.0 81 +29.8 -8.6 247 +3.4 -13.0 17 0.0 +23.5 1929, issue for earlier data. 2,042 1,164 16,399 3,215 208 766 61 1, 937 1,089 13, 861 3,109 -5.1 -6.4 -15.5 -3.3 202 -2.9 672 -12.3 77 +26.2 31 TREND OF BUSINESS MOVEMENTS—Continued 1938 'The cumulative* shown are through March, except where otherwise noted. Earlier data for items shown here may be found on pages 27 to 138 of the February, 1929, "Survey" Novem- December ber 1939 PER CENT INCREASE (+) OR D.ECREASE (— ) 1938 January February March February March Mar., 1929, from Feb., 1929 Mar., 1929, from Mar., 1928 CUMULATIVE TOTAL FROM JAN. 1 THROUGH MAR. 31 1938 1939 Per ct. increase ( ort> decrease (-) cumulative 1929 from 1928 HIDES AND LEATHER-Continued Leather <Sole and belting leather: Production1,264 Sole only . thous. of backs, bends, sides. . 23,184 Sole and belting thous. of Ibs Stocks, end of month— 80, 931 In process of tanning thous. of lbs._ 77, 363 Finished thous. of Ibs 1,063 Exports . _ . thous. of Ibs. .59 Price oak, scoured backs dolls, per lb.. TJpper leather: 62, 619 Production thous. of sq. ft.. Stocks, end of month— In process of tanning _. thous. of sq. ft.. 138, 803 253, 470 Finished thous. of sq. ft 10, 268 Exports.-thous. of sq. ft.. .49 Chromecalf, "B " grades.-dolls. per sq. ft.. Leather Products Shoes: Production thous of pairs Exports thous. of pairs Wholesale pricesMen's black calf blucher, Mass dolls per pair Men's dress welt, tan r calf oxford, St. Louis.dolls. per pair.. Women's black kid, dress welt, lace, oxford dolls, per pair.. Gloves, cut dozen pairs.. 26, 443 403 1,212 22,277 1,284 23,891 3 1, 102 20,989 1,140 1,240 23,409 1,363 25,245 78, 632 80, 061 775 .59 77, 989 81, 518 1,054 .59 81, 482 78, 607 729 .57 1,336 86, 028 54,085 1,076 .65 87,299 54, 302 971 .65 62, 804 66, 424 62, 954 70, 509 73, 045 141, 386 249, 023 14, 297 .60 32, 301 471 +18.5 136, 922 251, 406 11,030 .50 138, 500 249, 468 10, 998 .53 136, 749 249, 739 9,364 .51 11, 991 .49 147, 315 242, 361 15, 567 .60 21, 909 355 3 27, 245 423 27,500 367 435 29, 628 303 -16.4 3,826 2 46, 504 +83.3 +37.6 -3.5 -15.4 3, 312 +3.4 2 141, 924 +28.1 -16.1 -3.9 -18.3 6.75 6.75 6.75 6.75 6.75 6.75 6.75 0.0 4.85 4.85 4.85 4.85 4.85 4.90 4.90 0.0 4.00 233, 500 4.25 179, 330 4.25 214, 826 4.25 240, 116 4.25 256, 691 4.25 194, 874 34.25 223, 271 145, 120 141, 775 118, 548 19, 627 135, 785 129, 322 125,011 27, 171 150, 363 144, 069 131, 898 25, 832 127, 018 125, 740 133, 192 14, 228 16, 481 132, 743 135, 952 156, 366 21, 151 143, 678 144, 771 155, 274 21, 124 222, 934 221, 262 40, 242 126, 790 2.53 208, 564 207, 358 40, 684 179, 548 2.49 236, 472 235, 326 40, 694 151, 240 2.45 211, 558 214, 534 36, 792 118, 246 2.45 85, 074 2.45 209, 820 207, 926 47, 162 130, 152 2.53 228, 692 230, 484 45, 854 83, 352 2.53 123, 646 90 223, 645 207, 056 115, 049 84 208, 484 185, 121 123, 822 85 212, 191 183, 502 103, 644 77 187, 200 170, 864 218, 147 198, 722 112, 302 79 188, 697 162, 573 121, 682 80 196, 761 186, 232 122, 761 233, 924 201, 416 115, 033 215, 133 207, 727 120, 263 209, 020 196, 882 108, 375 186, 395 165, 331 120, 003 219, 739 182, 994 109, 666 189, 153 172, 635 115, 502 190, 305 172, 896 196, 187 213, 162 195, 047 174, 469 244, 167 183, 414 34, 691 26, 254 187, 223 53, 674 3.25 34,469 19, 139 195, 322 52, 624 3.25 38, 003 21, 406 197,480 45, 982 3.25 35,642 25, 536 188, 595 48, 050 3.25 30, 534 24,045 174, 750 45, 673 3.25 765 104 797 264 508 150 681 113 12, 730 13, 080 112 81,204 59, 429 11,123 12, 462 114 77,008 63, 614 12,861 12, 167 118 90, 616 54, 165 11, 762 11, 984 12, 317 12, 414 71, 043 53, 306 2 2 -7.8 -3.5 3,119 -5.8 129, 378 -8.8 32, 353 -28.7 45, 396 -7.6 3,526 44, 880 2 55, 838 1,162 2 596, 029 711, 633 +19. 4 54, 745 1,225 -2.0 +5.4 0.0 -1.0 0.0 0.0 +6.9 +15.0 PAPER AND PRINTING Wood Pulp Mechanical: Production _ short tons Consumption and shipments. .short tons__ Stocks, end of month short tons. Imports short tons Chemical: Production . . short tons Consumption and shipments.. short tons.. Stocks, end of month short tons.. Imports short tons Price, sulphite dolls, per 100 lbs_. Newsprint Paper Production: United States, total short tons Ratio to capacity per cent.. Canada _ short tons Consumption by publishers short tons Shipments: United States short tons Canada . . short tons Imports short tons Exports: Canada short tons Stocks, end of month: At millsUnited States short tons.. Canada short tons.. At publishers.. short tons In transit to publishers short tons.. Price, roll, f. o. b. mill dolls, per 100 Ibs.. Printing Book publication: American manufacture. no. of titles.. Imported no. of titles.. Sales books: New orders . . .. .. thous. of books Shipments thous. of books Printing activity, .weighted index number.. Cash checks, shipments thous. of checks.. Blank forms, new orders thous. of sets.. 2 2 +15.8 -22.0 274, 777 275, 803 2 277, 381 2 269, 809 +0.9 -2.2 10 8 63, 357 56, 541 2 418, 926 2 417, 942 2 448, 030 2 449, 860 -28.1 0.0 +2.1 -3.2 369, 668 354, 560 +10.6 -5.8 353, 509 342, 052 -3.2 +16.5 +10.9 +16.3 +6.7 573, 306 521, 757 617, 538 552, 088 +7.7 +5.8 +10.7 +3.9 +17.9 +15.5 +10.7 +5.8 339, 379 565, 816 523, 339 348, 641 615, 154 545, 207 +2.7 +8.7 +4.2 216, 160 +39.9 +13.0 557, 040 613, 683 +10.2 28, 499 39, 145 215, 118 48, 212 3.25 34, 638 47, 657 206, 392 41, 613 3.25 -14.3 -11.8 -5.8 -49.5 -7.3 -15.3 -4.9 +9.8 0.0 0.0 654 153 853 151 13, 190 11, 930 112 78, 629 40, 221 -6.6 +4.1 37, 851 35,549 91, 723 63, 633 12, 332 11, 722 109 65, 865 37, 172 +29.1 +16.7 +19.4 +58.2 219, 638 120, 566 8,288 81.3 226, 934 226, 495 87, 726 217, 442 226, 106 57, 398 9, 238 84.2 254, 218 264, 995 96, 209 242, 073 256, 704 54, 982 8,137 78.4 211,862 215, 333 85, 862 193, 966 209, 477 50,350 8,844 78.2 227, 344 244, 871 93,380 209, 649 237, 621 40, 439 +4.5 +11.5 +3.6 +7.7 +12.0 +11.8 +8.2 +17.0 +9.7 +3.0 +11.3 +15.5 +13.5 -4.2 ~+7~6 126, 212 54, 121 137, 008 51,520 140, 104 60, 038 139, 255 +8.6 47,322 -4.8 3 Revised. 114, 586 2 +4.7 +3.6 1,2 161 271 2 -4.1 1, 189 2263 +2.4 -3.0 36, 940 36, 565 -2.4 +2.9 253, 382 +15.4 171, 104 +41.9 Box Board Operation .thous. of inch hours 8,666 7,632 3 9, 121 Operation. _ _ per ct. of capacity. . 3 83. 2 822 72.4 Production. _ short tons . 241, 924 205, 046 3 246, 890 New orders short tons 248, 147 197, 148 3 232, 686 Unfilled orders, end of month short tons.. 93, 203 94, 174 3 87, 974 Consumption of waste paper short tons.. 222, 693 196, 164 3 238, 652 Shipments short tons.. 235, 238 197,029 3 246, 098 Stocks, end of month .short tons.. 47, 693 55, 624 3 56, 804 Stocks of waste paper, end of month: On hand __ . .. short tons 136, 100 148, 906 3 136, 251 In transit and unshipped purchases ..tons.. 49, 982 49, 104 43, 447 2 Cumulative through Feb. 28. -1.6 +8.9 24, 814 26, 647 +7.4 643, 088 664, 332 728, 042 +13.2 724, 176 +9.0 593, 359 644, 082 698, 167 +17.7 728, 908 +13.2 32 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 27 to 138 of the February, 1929, "Survey" November 1929 December PER CENT INCREASE (+) OR DECREASE (-) 1938 January February March February March Mar., 1929, from Feb., 1929 Per ct. increase (+) or decrease •(-) cumulative 1929 from 1928 CUMULATIVE TOTAL FROM JAN. 1 THROUGH MAR. 31 Mar., 1929, from Mar., 1928 1928 1929 PAPER AND PEINTING-Continued Other Paper Binder's board, production short tons . Book paper: Production . short tons.. Ratio to capacity per cent Shipments - .short tons Stocks end of month short tons New ordersCoated p. ct, of normal production. _ Uncoated_.p. ct. of normal production.. Unfilled orders, end of monthCoated p. ct. of normal production __ Uncoated p. ct. of normal production. . Wrapping paper: Production . . . .short tons Ratio to capacity per cent Shipments short tons Stocks end of month short tons Fine paper: Production short tons Ratio to capacity per cent Shipments - short tons.. Stocks end of month short tons All other grades: Production _.. short tons. _ Shipments short tons Stocks end of month short tons Total paper (inc. newsprint and box board): Production short tons Ratio to capacity per cent Shipments short tons Stocks end of month short tons 2,196 2,718 3,172 2,581 126, 001 90 124, 615 82, 395 122, 221 87 122, 221 82, 395 131, 999 95 132, 791 79,099 122, 015 92 126,286 74, 353 84 80 77 82 81 82 94 87 10 7 7 6 10 8 9 9 96, 907 87 91, 286 93, 930 90, 979 81 88, 159 96, 123 101, 604 81 100, 690 95, 288 37, 463 88 36, 676 54, 418 35, 263 80 33, 817 55, 805 102, 703 101, 483 61, 340 728, 644 90 712, 049 374, 467 4,382 3,626 123, 939 93 123, 567 69, 630 137, 572 91 135, 370 72, 415 104 91 96 86 88 81 +10.6 +4.6 +18.2 +12.4 10 9 11 9 10 8 +11.1 0.0 0.0 +12.5 87, 087 89 86, 298 93, 107 93, 249 89 93, 249 87, 593 101,618 89 96, 334 92, 551 38, 228 92 40, 522 50, 934 37, 789 90 38, 885 49,849 38, 870 97 38, 287 52, 973 42, 399 93 43, 459 51, 850 93, 374 91, 785 62, 015 106, 157 104, 445 62, 902 100, 337 102, 634 60,605 96, 075 93, 680 66, 766 106, 528 105, 905 66, 466 661, 932 91 648, 044 386, 431 750, 059 79 746, 417 382, 836 679, 593 86 690, 797 371, 024 676, 297 82 667, 926 355,811 737, 143 82 734, 191 353, 369 2,917 H-13.0 ' 8,670 -17.9 10, 555 -19.6 2 245, 448 2 254, 014 +3.5 2 248, 600 2 259, 077 +4.2 . 2 2 2 2 I 189, 472 2 188, 686 -0.4 186, 393 2 186, 988 +0.3 2 76, 341 2 76, 017 -0.4 2 73, 837 2 79, 407 +7.5 206. 494 207, 079 +5.5 +7.5 2 2 195, 663 192, 626 2 1,354, 495 2 1,429, 655 +5.5 2 1,331, 794 2 1, 437, 214 +7.9 Paper Board Shipping Boxes Production: Total Corrugated Solid fiber Operating activity: Total per Corrugated per Solid fiber per Rope paper sacks shipments Abrasive paper and cloth: Domestic shipments Foreign shipments thous of sq ft thous of sq. ft thous. of sq. ft.. ---cent of normal cent of normal cent of normal index number reams. _ reams s 451, 172 3 494, 105 3 352, 021 3 383, 191 3 99, 151 3 110, 914 - 510, 680 398, 777 111,903 +3.4 +4.1 +0.9 -17.4 +5.1 +8.0 107 93 78 78 77 103 91, 405 18, 601 97, 708 19, 214 96, 056 17, 753 86, 037 21, 457 4,886 3,328 2,672 2,395 177 182 191 210 202 100.79 175 181 190 210 203 101. 23 177 183 190 209 203 100.30 175 180 190 210 204 98.41 176 181 190 208 204 98.51 182 186 192 205 199 98.40 184 187 192 205 197 99.35 +0.6 +0.6 0.0 -1.0 0.0 +0.1 -4.3 -3.2 -1.0 +1.5 +3.6 -0.8 204 213 197 201 204 212 197 201 204 212 197 201 204 213 197 201 204 213 197 201 203 212 197 200 203 212 197 200 0.0 0.0 0.0 0.0 +0.5 +0.5 0.0 +0.5 13, 050 6,518 40, 532 4,290 10, 992 6,092 36, 191 4,136 15, 250 7,085 27, 898 2,631 11, 077 7,892 25, 659 3,400 12, 204 9,342 39, 849 6,241 9,084 5,384 42, 548 3,071 10, 826 6,940 54, 582 5,209 +10.2 +18.4 +55.3 +83.6 5,218 70, 599 4,661 63, 094 2,863 56, 331 2,845 51, 696 5,191 73, 849 4,855 65, 137 6,385 84, 266 65,469 35,434 194, 028 28, 719 64, 352 33, 647 174, 731 25, 033 98,644 60, 439 132, 862 17, 171 65, 926 52, 395 123, 757 22, 095 69, 064 55, 204 190, 146 36, 992 51,564 31, 716 232, 574 18, 232 40, 079 88, 503 452, 234 29,038 222 42, 842 75, 199 415, 803 18, 905 182 23, 142 61,811 394, 069 41, 963 148 26, 470 49, 096 339, 739 28, 426 122 44,843 67, 661 463, 911 27, 125 116 22, 588 1,662 31, 204 1, 646 36, 225 2,664 26, 872 3,078 29, 762 2,453 84 85 80 96 86 86 85 90 97 109 +2.4 +1 2 +6.3 -6.2 101, 845 22, 194 83, 969 16, 169 96, 871 20, 558 +18.4 +3.4 2,465 3,820 261, 345 53, 839 283, 938 +8.661, 404 +14.1 2 4, 938 2 5, 067 +12.7 +34.6 -27.0 +19.8 30, 713 16, 736 134, 646 11, 660 38, 531 +25.524, 319 +45.3 93, 406 -30. & 12, 272 +5.2 +82.5 +42.9 -18.7 -12.4 15, 195 209, 674 10, 899 -28.3: 181, 876 -13.3 69, 490 48, 068 266, 069 33, 255 +4.8 +5.4 +53.6 +67.4 -0.6 +14.8 -28.5 +11.2 187, 035 114, 617 685, 547 74, 341 233, 634 +24. 9' 168, 038 +46. & 446, 765 -34. 876, 258 +2.& 53, 803 56, 134 444, 023 25, 875 124 49, 454 106, 511 572, 847 22, 946 137 +69.4 +37.8 +36.5 -4.6 -4.9 -9.3 -36.5 -19.0 +18.2 -15.3 133, 544 232, 321 1, 427, 405 69, 301 41, 105 1,713 30, 377 2,048 +10.8 -20.3 -2.0 +19.8 114, 743 6,720 BUILDING CONSTRUCTION AND HOUSING Rental advertisements, Minneapolis .number.. +2.$ Building Costs Building materials: Frame house 6-rm 1st of mo rel to 1913 Brick house, Wm. 1st of mo_.rel. to 1913.. Concrete factory costs 1st of mo rel to 1914 Bldg costs 1st of mo rel to 1913 Bldg. costs'C4. G. C.), 1st of mo.-.rel. to 1913.. Plumbing fixtures 6 pieces dollars Construction costs (Am. Appraisal) : Frame rel to 1913 Brick wood frame rel to 1913 Brick steel frame rel to 1913 Reinforced concrete rel to 1913 Contracts and Losses Contracts awarded (36 States): Commercial buildings thous. of sq. ft.. Industrial buildings thous. of sq. ft.. Residential buildings thous. of sq. ft.. Educational buildings thous. of sq. ft.. Other public and semipublic buildings thous. of sq. ft.. Grand total thous. of sq. ft.. Contracts awarded, value (36 States) : Commercial buildings thous. of dolls.. Industrial buildings thous. of dolls. _ Residential buildings thous. of dolls. . Educational buildings thousl 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.. Fire losses: United States and Canada (Journal of Commerce)... thous. of dolls.. Canada (Monetary Times) . thous. of dolls.. 2 Cumulative through Feb. 28. 94, 455 178, 568 1, 197, 719 97, 514 -29.3, -23.1 -16.1 +40.7 92, 859 -19.1 8,195 +21.9) 33 TREND OF BUSINESS MOVEMENTS—Continued 1938 The cumulatives shown are through March, except where otherwise noted. Earlier data for items shown here may be found on pages 27 to 138 of the February, 1929, "Survey" PEE CENT INCREASE (+) OR 1928 1929 DECREASE ( — ) November December January February March February March Mar., 1929, from Feb., 1929 Mar., 1929, from Mar., 1928 CUMULATIVE TOTAL FROM JAN. 1 THROUGH MAR. 31 1929 1928 Per ct. increase (+) or decrease (-) cumulative 1929 from 1928 LUMBER PRODUCTS Softwood Lumber Southern pine: Production (computed) M ft. Operation per cent of full Shipments (computed) M ft. New orders (computed) M ft. b. m_. time b. m _ _ b. m__ Unfilled orders,e'nd mo. (comp.) .M ft. b.m. . Exports, lumber M ft. b. m__ Exports, timber. M ft. b. m Price, flooring dolls, per M ft. b. m _ _ Douglas fir: Production (computed) M ft. b. m Shipments (computed) M ft. b. m__ New orders (computed) M ft. b. m Unfilled orders (computed) _ _ . M ft. b. m__ Exports lumber M ft b m Exports, timber __ M ft. b. m__ Price, No. 1 common dolls, per M ft. b. m Price,flooring,1 x 4 , "B" and better, V. G_ .dolls, per M ft. b. m__ California redwood: Production (computed) M ft. b. m _ _ Shipments (computed) M ft. b. m New orders (computed) M ft. b. m__ Unfilled orders, end of month (computed) M ft. b. m California white pine: 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 North Carolina pine: Production (computed) M ft b m Shipments (computed) _.M ft. b. m _ _ New orders M ft. b. m Northern pine: LumberProduction M ft b m Shipments M ft. b. m New orders M ft. b. m LathProduction thousands Shipments thousands Northern hemlock: Production "M. ft b m Shipments M ft. b. m 396, 256 86 413, 295 392, 674 952, 395 300, 262 61, 759 7,562 37.58 424, 525 460, 346 425, 009 373, 118 392, 771 381, 589 99 100 83 87 85 79 417, 652 481, 645 398, 047 357, 918 409, 229 345, 816 430, 141 498, 006 332, 069 417, 700 382, 654 443, 936 978, 954 1, 005, 916 1, 021, 116 1, 004, 658 1, 206, 904 1, 185, 605 365, 315 381, 676 306, 168 330, 904 365, 611 286, 515 47, Oil 66, 527 57, 116 62, 213 61, 693 57, 815 16, 515 6, 255 17, 235 9,249 11, 507 5,580 36.12 35.69 36.89 37.55 36.55 37.19 310, 220 269, 484 269, 484 238, 149 60, 947 47, 598 17.92 299, 029 272, 618 299, 029 393, 930 59, 193 41, 939 16.38 316, 039 296, 343 349, 165 403, 331 84, 299 59, 984 17.77 280, 228 304, 401 336, 184 360, 804 57, 167 36, 999 18.43 77, 443 56, 238 19.15 507, 633 479, 879 541, 206 386, 505 45, 346 44, 226 15.99 508, 528 479, 879 521, 062 442, 517 58, 020 43, 423 16. 08 +5.3 -2.4 +14.3 +16.0 -1.6 +10.5 -1.2 +12.1 +1.8 -14.7 -17.0 -15.0 -10.9 15 3 -4.2 -14.9 -62.1 +5.2 +35.5 -48.0 +3.9 +33.5 +29.5 +19.1 40.88 41.05 44.44 40.85 42.26 34.04 34. 13 +3.5 +23,8 45, 834 38, 715 38, 848 29, 919 28, 213 29, 524 29, 560 30, 944 34, 801 32, 789 31, 000 33, 431 43, 797 42, 315 47, 059 43, 276 38, 700 37, 299 51, 2101 43, 847 45, 316 +33.6 +36.5 +40.8 -14.5 -3.5 +3.8 1, 303, 588 1, 190, 898 -8.6 1, 325, 517 1, 402, 047 1, 165, 194 1, 244, 290 -12.1 -11.3 179, 870 50, 203 176, 624 23, 342 -1.8 -53.5 2918,126 2877,450 2985,720 2596,267 2600,744 2685,349 -35.1 -31.5 -30.5 188, 595 89, 929 218, 909 +16.1 153, 221 +70.4 133, 940 112, 748 121, 378 106, 146 -20.8 104, 259 -7.5 115, 291 -5.0 161, 158 268, 398 181, 713 +12.8 301, 212 +12.2 237, 965 276, 652 +16.3 32, 783 32, 379 35, 756 37, 686 37, 898 48, 000 49, 003 +0.6 -22.7 107, 501 94, 587 562, 528 81, 755 181, 665 76, 164 79, 072 566, 914 81, 452 214, 016 69, 930 100, 633 535, 998 95, 905 176, 506 44, 382 97, 671 483, 998 84, 899 168, 766 67, 401 102, 908 437, 089 95, 848 161, 865 44, 698 87,810 566, 957 79, 981 176, 156 69, 724' 100, 792 534, 740 92, 677i 175, 700 +51.9 +5.4 -9.7 +12.9 -4.1 -3.3 +2.1 -18.3 +3.4 -7.9 51, 198 50, 218 58, 310 46, 802 42, 651 66, 430 45, 143 38, 976 48, 440 65, 506 60, 347 74, 200 83, 300 51,317 46, 746 54, 080 47, 523 54, 866 52, 010 +12.3 +60.2 91, 336 83, 776 145, 010 110, 649 +21.2 99, 323 +18.6 205, 940 +42.0 26, 718 41, 308 30, 282 19, 679 27, 632 25, 179 23, 818 33, 167 35, 363 22, 054 32, 302 29, 398 20, 654 40, 159 39, 732 34, 513 35, 413 36, 470 32, 731 39, 645 38, 856 -6.3 +24.3 +35. 2 -36.9 +1.3 +2.3 100, 794 104, 509 108, 029 66, 526 -34.0 105, 628 +1.1 104, 493 -3.3 5,230 6,560 4,118 5,121 4,692 6,952 2,986 5,185 2,938 7,316 5,726 5,609 5,143 9,593 -1.6 +41.1 -42.9 -23.7 18, 184 20, 502 10, 616 -41.6 19, 453 -5.1 16, 359 17, 139 14, 172 11, 858 18, 877 9,855 14, 802 13, 020 13, 360 9,520 18, 089 13, 255 2 24, 785 2 17, 005 2 33, 679 +35.9 2 22, 875 +34.5 -8.4 +29.1 -19.6 +44.8 +47.5 8,916 8,491 8,747 -1.9 10, 522 +23.9 8,270 11, 073 +33.9 +1.3 6,571 6,519 -0.8 +5.5 -64.5 6,837 7,203 +5.4 3 Hardwood Lumber Walnut lumber: 2,974 2,780 2,585 3,268 Production M ft. b. m 2,806 2,993 +7.7 2,460 2,762 3,042 +14.4 3,163 3,433 3,926 Shipments _. M ft. b. m 3,478 2,734 12, 305 11, 654 13, 327 Stocks, end of month. M ft. b. m _ 10, 711 13, 179 -8.1 11, 668 11, 396 3,662 4, 104 2,835 +12.1 New orders _ M ft. b. m 3,307 3,033 2,807 3,649 5,664 6,804 Unfilled orders, end of month M ft. b. m 5,833 4,613 +16.6 5,117 6,082 5,491 Walnut logs: 2,021 2,185 2,504 2,285 Purchased __ M ft. log measure 2,014 2,213 2,131 +9.5 Made into lumber and 2,014 2,888 2,538 2,126 2,539 2,407 +19.4 veneer M ft. log measure-2, 489! Stocks, end of month _M ft. log measure 1,261 1,048 2,951 2,359 1,884 1,557 3,229 -6.9 Northern hardwoods: Production M ft. b. m 21, 642 37, 916 44, 370 44, 948 34, 639 41, 185 Shipments M ft b m 30,646 29, 093 30, 515 23, 562 26, 512 29, 373 Lower Michigan hardwoods: 5,541 Production M ft. b. m 5,456 6,237 6,257 9,193 9,188 Shipments M! ft b m 7,280 4,950 6,223 5,695 7,541 6,078 Stocks, end of month M ft. b. m_. 23, 206 23, 502 27, 126 26, 912 30, 870 30, 626 Gum: Stocks, total, end of month.. mill. ft. b. m__ 504 518 516 535 517 489 -3.0 529 Stocks, unsold, end of month.mill. ft. b. m _ _ 344 332 414 376 372 369 402 — 3. 5 Unfilled orders, end of month.mill. ft. b. m__ 142 147 160 157 120 145 127 -1.9 Oak: 1 <-i Stocks, total, end of month.mill. ft. b. m._ 919 914 1,014 907 930 938 1,030 Stocks, unsold, end of month.mill. ft. b. m__ 741 751 751 864 768 757 849 -Q.8 Unnlledorders,endofmonth_mill. ft. b. m__ 167 166 173 163 181 150 170 -5.8 All hardwoods: Production mill. ft. b. m 289 274 308 319 315 274 270 -1.3 Shipments mill ft b m 308 293 341 263 319 263 266 +6.9 New orders mill. ft. b. m 323 274 319 334 334 285 266 0.0 Stocks, total, end of month. .mill. ft. b. m__ 2,707 2,672 2,696 2,757 2,717 2,862 . 2, 829 -1.3 Stocks, unsold, end of month. mill. ft. b. m._ 2,102 2, 024 2,107 2,142 2,057 2,282 2,294 -1.6 Unfilled orders, end of month.mill. ft. b. m__ 589 615 615 651 648! 581 535 -0.5 1, 991, 913 1, 785, 505 1, 973, 102 1, 875, 385 2, 063, 426| 2, 225, 060 2, 446, 356 +10.0 Production, 10 species M ft. b. m 184, 054 Exports, planks, joists, etc M ft. b. m _ _ 208, 045 240, 384 177, 682 200, 790 158, 909 186, 541 +13.0 Retail yards, Minneapolis district: Sales M f t b. m 13, 302 5,489 3,285 6,564 7,807 3 7, 022 +99.8 4,346 Stocks, end of month M ft. b. m _ _ 75, 810 72, 771 79, 400 88, 605 86, 453 89, 704 89, 704 +2.5 Retail yards, Kansas City district: 5,494 Sales M ft. b. m 3,411 6,622 4,035 4,333 4,864 6,317 +94.1 Stocks, end of month M ft. b. m. 42, 505 45, 364 44,458 46, 217 47, 564 46, 033 48, 179 +2.9 * Cumulative through Feb. 28. »Revised. 2 2 78, 728 50, 676 2 82, 286 +4.5 2 59, 608 +17.6 2 17, 122 2 15, 688 22 11,693 11, 173 -8.6 -19.8 +30.8 -9.9 -13.1 +8.7 +15.0 +29.7 +25.6 -5.5 -1.8 +21.1 -15.7 +7.6 859 825 881 942 +9.7 953 +15.5 987 +12.0 6, 674, 143 584, 595 5,911,913 -11.4 618, 856 +5.9 -6.5 -1.2 16, 132 15, 388 -4.9 +4.8 -1.3 15, 944 14, 366 -9.9 34 TREND OF BUSINESS MOVEMENTS—Continued 1938 The cumulatives shown are through March, except where otherwise noted. Earlier data for items shown here may be found on pages 27 to 138 of the February, 1929, "Survey" November 1929 December PER CENT INCREASE (+) OR DECREASE (— ) 1928 January February March February Mar., 1929, Mar., 1929, Feb., 1929 Mar., 1928 from March CUMULATIVE TOTAL FROM JAN. 1 THROUGH MAR. 31 from 1928 1929 Per ct. increase (+) or decrease (-) cumulative 1929 from 1928 LUMBER PRODUCTS— Continued 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 f t 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__ 8,721 6,230 21, 960 6,537 7,157 8,866 5,784 24, 674 5,382 7,988 7,771 5,114 24, 733 5,999 8,019 7,022 6,053 25, 466 8,317 10, 443 6,794 6,141 25, 494 6,604 11,106 7,519 6,889 29, 118 7,712 10, 034 7,862 8,184 28, 036 7,211 9,816 -3.2 +1.5 +0.1 -20.6 +6.3 -13. 6 -25. 0 -9.1 -8.4 +13. 1 22, 727 22, 325 21, 587 -5.0 17, 308 -22.5 23, 084 20, 920 -9.4 45, 794 37, 232 80, 331 43, 753 48, 052 38, 747 31, 665 87, 856 29, 033 30, 956 41,204 31, 999 97,000 29, 736 31, 731 24, 865 28, 551 91, 987 31, 761 40, 438 28, 497 40, 902 80,603 52, 642 53, 996 38, 771 40, 232 82, 758 36, 163 42, 975 42, 272 47, 599 78, 855 48, 815 47, 134 +14.6 -32. 6 -14. l! +2.2 +7.8 +14. 6 116,990 125, 911 94, 566 101, 452 -19.2 -19.4 138, 866 114, 139 -17.8 244, 857 254, 110 251, 837 253, 418 217, 608 203, 776 166, 886 277, 431 247, 799 295, 919 253, 005 268, 826 216, 207 311, 347 219, 981 232, 495 235, 139 210, 186 398, 587 409, 034 298, 206 275, 775 232, 170 460, 074 585, 652 59, 855 51, 136 41, 962 45, 885 51, 553 58, 756 56, 778 51, 676 64,527 40, 469 153, 752 172, 858 +12.4 50 50 35 39 18 26 40 24 24 36 23 23 65 6.0 100.0 59 17.0 99.0 56 10.0 97.0 52 9.0 95.0 9,291 9,135 8,336 8,426 7,921 9,212 12, 743 13, 530 16, 030 10, 244 11, 366 13, 357 11, 823 13, 295 20, 529 +15.4 +17.0 +53 7 5,307 6,863 9,001 10, 606 16,904 +59.6 7,747 8,433 7,316 6,194 4,722 5,773 4,147 3,749 2,973 3,426 3,746 5,339 4,277 5,428 4,876 2,450 2,896 2,709 3,125 6,778 6,811 3,807 +43.3 -12.4 +65.7 +33.5 Doors at Wholesale Fir, manufacturing plants: Production Shipments Stocks, end of month New orders Unfilled orders, end of month number .number number .number number __ +28.3 +17 3 +10 5! +15. 4 +43.2 1 Wooden Furniture Household furniture and case goods: Shipments .dolls., average per firm Unfilled orders dolls., average per firm.. 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 month . No. of days' sales Cancellations per cent of new orders Plant operation per cent of full time 55, 311 46, 102 57, 106! 31, 939 +13.6 -21.7 +13. 0 +26. 7 37 27 24 42 23 25 34 20 25 +2.8 +17.4 +4.3 +35.0 49 60 930 54 13.0 94.0 53 ! 7.0 92. O j -5.8 -33.3 -2.1 -7.5 -14.3 +1.1 +8.8 -4.0 Plywood and Veneer Douglas-fir plywood: Production thous. of sq. ft. of surface.. Shipments thous. of sq. ft. of surface New orders (sales).thous. of sq.ft. of surface.. Unfilled orders, end of month.thous. of sq. ft. of surface.. Stocks, end of month _thous. of sq. ft. of surface Other plywood: New orders thous. of sq. ft. of surface.. Shipments thous. of sq. ft. of surface Unfilled orders, end of month.thous. of sq. ft. of surface.. Rotary-cut veneer: Receipts number of carloads Purchases number of carloads Bushel baskets: Production dozens Shipments dozens Stocks, end of month dozens —23.8 +1.7 +100. 4 +14.0 +56.0 7,628 8,596 14, 193 +86.1 12, 899 +50.1 268 420 458 +70.9 878 +109. 0 1,648 1,535 2,035 +23. 5 1,687 +9.9 +59.0 5,791 6,190 6,053 2,808 222 190 206 178 175 241 140 186 143 451 97 115 114, 184 75, 337 464, 733 81, 302 111, 244 434, 942 135, 090 126, 602 331, 992 134, 581 68, 655 394, 452 810 559 3,417 910 493 362 3,896 884 732 766 3,278 987 526 447 3,037 844 517, 120 241, 887 115, 924 136, 014 79 11.50 366, 150 184, 620 74, 537 91,615 82 11.50 341, 843 171, 545 76, 364 102, 389 36 11.50 487, 713 64, 492 121, 089 231, 20S 13.50 405, 461 69, 460 233, 702 251, 105 57 13.25 13, 471 11,849 35/497 45, 296 12, 601 9,444 37, 426 46, 447 14, 814 9,880 40, 627 47, 819 12, 986 11, 969 23, 464 40, 930 42, 245 12,079 53, 515 42, 442 +17.6 +4.6 +8.6 +3.0 -64.9 -18.2 -24.1 +12.7 73, 776 37,287 40, 886 -44.6 31, 173 -16.4 276, 144 3 485, 437 260, 829 3253,010 404, 941 637, 368 539, 961 570, 141 206,004 254, 366 589, 006 548, 396 494, 042 246, 002 577, 522 538, 965 391, 101 335, 948 622, 215 463, 180 -57.6 +0.5 -7.6 +1.6 -47.3 -24.3 -5.3 +18.4 1, 122, 870 822, 779 967, 585 -13.8 768, 205 -6.6 4,675 4,245 1,709 14, 242 5,349 5,355 2,075 13. 982 2 9, 382 8, 264 2 3, 235 2 11,313 +20.6 2 8, 672 +4.9 2 3, 370 +4.2 231, 987 189, 632 449, 049 -2.2 91 +2.1 +57.1 173 +142. 5 +160. 7 205, 887 193, 910 461, 026 STONE, CLAY, AND GLASS PRODUCTS Clay Products Face brick, averages per plant: Production.. _ thousands 658 735 Shipments thousands 840 532 Stocks, end of month thousands 2,553 2, 755 Unfilled orders, end of month thousands 843 892 Common brick: Stocks, end of month — 537, 712 Burned thousands 461, 357 287, 162 Unburned thousands 106, 440 Shipments thousands 180, 360 136, 033 Unfilled orders, end of month. .thousands.. 204, 189 182, 791 Plants closed down number 67 84 Price, red. New York dolls, per thous 12.00 12.00 Porcelain plumbing fixtures: Net new orders pieces 11,715 12, 195 Shipments pieces.. 14, 657 9,350 Unfilled orders, end of month pieces.. 38, 268 35, 545 Stocks, end of month pieces ._ 47, 550 47, 044 Vitreous china plumbing fixtures: New orders pieces.. 221, 575 231, 771 Shipments pieces.. 201, 925 165, 712 Unfilled orders, end of month pieces.. 323, 562 389, 626 Stocks, end of month pieces.. 554, 422 622, 590 Floor and wall tile: Production. _ ___thous. of sq. ft.. 6,429 5,778 5,208 4,332 Shipments, quantity thous. of sq. ft.. 2, 021 1,684 Shipments, value thous. of dolls Stocks, end of month thous. of sq. ft.. 14, 780 13, 376 2 Cumulative through Feb. 5,712 4,299 1,701 16, 010 28. 5,601 4,373 1,669 17, 490 640 +48. 5 686 +111.6 2,960 -15.9 899 +11.7 3 +14.4 +11.7 +10.7 +9.8 -6.6 -15.7 -7.1 +147. 0 +2.5 -67.3 +11.8 -59.2 -56.1 -36.8 0.0 -13.2 Revised. 486, 129 2 266, 825 -45. 1 35 TREND OF BUSINESS MOVEMENTS—Continued 1938 The cumulatives shown are through March, except where otherwise noted. Earlier data for items shown here may be found on pages 27 to 138 of the February, 1929, "Survey" November 1939 December January February PER CENT INCREASE (+) OR DECREASE (— ) 1938 March February March Mar., 1929, from Feb., 1929 Mar., 1929, from Mar., 1928 Per ct. increase (+) or decrease (-) .cumu lative 1929 from 1928 CUMULATIVE TOTAL FROM JAN. 1 THROUGH MAR. 31 1939 1938 STONE, CLAY, AND GLASS PRODUCTS— Continued Clay Products— Continued Terra cotta, new orders: Quantity .. _ net tons Value thous of dolls Sand-lime brick: Production. thousands _ Shipments by rail thousands Shipments by trucks thousands Stocks, end of month thousands Unfilled orders, end of month thousands 9,998 949 9,453 982 10, 056 1,090 11, 270 1,196 18, 164 4,588 12, 942 11, 579 10, 447 14, 925 3,765 10, 160 15, 596 9,509 10, 548 1,674 6,206 16, 082 7,253 7,431 2,954 5,942 16, 973 10, 665 15, 068 77.4 17, 769 5,953 11, 951 1.650 12, 189 60.4 22, 650 7,422 7,384 1.650 9,881 46.5 26, 797 9,642 5,707 1.650 8, 522 44.8 29, 871 3 12, 436 5,448 1.650 8,430 5,213 8,080 5,166 7,461 6,089 19, 025 845 8,692 41, 962 1,076 8,163 11, 640 10, 579 9,961 1,172 10, 284 1,040 16, 563 1,454 -11.6 -2.0 -39.9 -19.4 31, 287 -17.0 3,458 +0.4 37, 697 3,443 2 17, 979 -24.2 2 4, 628 -46.7 2 12, 148 -8.2 10, 921 3,738 6,204 16, 920 12, 625 17, 063 4,273 9, 391 16, 777 16, 942 2 23, 710 2 8, 683 2 13, 228 9,969 47.4 29, 727 14, 951 10, 113 1.650 8,797 47.5 27, 349 12, 237 6,563 1.683 10, 223 51.7 27, 445 14, 463 10, 135 1.683 +17.0 +5.8 -0.5 +20.2 +85.6 0.0 -2.5 -8.3 +8.3 +3.4 -0.2 -2.0 28, 788 28, 372 -1.4 23, 239 21, 268 -8.5 3,241 1,689 6,000 2,826 7,499 5,615 12, 406 8,746 +85.1 +67.3 -51.6 -67.7 25, 807 18, 464 16, 702 -35.3 10, 604 -42.6 16, 057 557 7,835 13, 188 373 7,679 4,570 151 7,665 8,209 340 8,267 11, 411 395 8, 332 -65.3 -59.5 -0.2 -60.0 -61.8 -8.0 30, 348 1,193 25, 079 33, 815 +11.4 1,081 -9.4 23, 179 -7.6 11, 426 11, 289 13, 144 10, 689 11, 951 +16.4 +10.0 31, 465 35, 859 +14.0 Portland Cement Production thous. of bbls Operation per ct. of capacity Stocks, end of month . thous. of bbls Stocks, clinker, end of month.. thous. of bbls__ Shipments thous. of bbls Wholesale prices, composite dolls per bbl Highways Concrete pavements, new contracts: Total thous. of sq. yds_. Road thous. of sq. yds.. Federal-aid highways: Completed— Cost thous. of dolls Distance miles Under construction, end of month __ miles ._ Plate Glass Production, polished thous. of sq. ft_. Glass Containers Actual production: Quantity ___ gross. _ Relation to capacity . _ per cent New orders gross Shipments . _ _. gross Stocks, end of month gross Unfilled orders, end of month gross.- j 2,146 66.8 2,950 1,990 6,455 8,872 1,970 63.8 2, 599| 1,874 6,542 9,510 2,367 73.6 3,089 2,435 6,460 9,306 2,261 76.1 2,797 2,139 6,552 10, 749 2,574 78.8 2,562 2,531 6,595 10, 518 2,085 72.7 2,577 2,113 6,370 10, 633 2,570 82.9 3,424 2,646 6,283 11, 272' +13.8 +3.5 -8.4 +18.3 +0.7 -2.1 +0.2 -4.9 -25.2 -4.3 +5.0 -6.7 4,245 54.2 51.1 51.9 3,949 54.6 39.0 45.0 3,950 49.0 41.2 39.9 2,974 42.6 42.8 42.5 3,256 42.9 46.8 41.8 2,936 40.6 38.1 36.9 3,137 39.4 39.6 39.5 +9.5 +0.7 +9.3 -1.6 +3.8 +8.9 +18.2 +5.8 1.6 4.2 1.5 4.7 1.3 5.3 1.0 5.8 1.1 5.5 1.4 4.3 1.3 4.2 0.0 -5.2 -15.4 +31.0 6,862 7, 202 +5.0 8,681 6,717 8,448 7,105 -2.7 +5.8 Illuminating Glassware Production: Total number of turns Ratio to capacity per ct. of capacity New orders. per ct. of capacity . Shipments _ per ct. of capacity Unfilled orders, end of month _ number of weeks' supply Stocks, end mo number of weeks' supply.. 10, 180 +16.2 8,758 i CHEMICALS AND OILS Chemicals Sulphuric acid: 632, 942 322, 787 Exports _ thous. of Ibs 626, 792 704, 726 429, 264 727, 558 +12.4 579, 759 .78 Price, wholesale dolls, per lOOlbs.. .78 .78 .78 .78 .78 0.0 .78 Nitrate of soda: Imports _ _ long tons 45, 575 85,391 83, 698 146, 304 144, 716 177, 187 -30.8 101, 297 285, 900 293, 600 Production in Chile metric tons.. 274, 500 255, 500 236, 600 253, 800 Potash salts: 24, 639 Imports (commercial) long tons 24, 724 22, 412 28, 489 22, 116 33, 774 22, 230 -22.4 Production in France (K20 content) metric tons._ 37, 400 38, 538 33, 958 34, 770 Sales in Germany 82, 463 (K2O content) _. _. metric tons 107, 146 164, 736 144, 676 233, 000 208, 400 161, 460 +61.0 Superphosphate (acid phosphate) : 322, 452 Production ...short tons.. 349, 685 3 370, 231 307, 300 345, 040 361, 729 Stocks, end of month short tons.. 1, 832, 363 2, 058, 284 3 2,253, 708 2, 320, 881 2, 087, 723 1, 386, 087 Shipments _ . . short tons. 75, 680 178, 318 107, 008 3 122, 439 201, 571 447, 461 Fertilizer: Exports long tons.. 94, 085 66, 134 3 99, 751 100, 508 165, 551 74, 955 114, 632 +64.7 Consumption, Southern States.short tons.. 84, 947 112, 659 452, 600 817, 489 2, 121, 788 1, 113, 569 2, 185, 613 +159. 5 Dyes and dyestuffs, exports: Vegetable . _ ._ thous. of Ibs 92 400 146 188 157 276 490 -16.5 Coal tar thous of Ibs 2,436 1,926 58 29 2,305 2,848 1,735 Arsenic Crude: Production. . . Stocks, end of month Refined: Production Stocks, end of month _ short tons short tons.. 1,622 3,419 1,215 3,274 1,136 3,019 1,262 2,782 1,600 2,005 _ _ short tons 802 1,030 913 short tons.. 2,766 3,282 3,571 2 Cumulative through Feb. 28. 900 3,643 668 2.403 1,076 1,834 688 2.479 3 Revised. -3.1 0.0 1, 867, 269 1, 760, 782 -42.8 391, 770 -0.5 87, 650 +44.3 571, 870 2 703, 048 -5.7 331, 299 -15.4 75, 329 -14.1 542, 412 -5.2 2 677, 531 -3.6 -0.8 2 303, 111 2 300, 757 +44.4 -2.9 277, 219 3, 925, 763 365, 810 +32.0 3, 391, 877 -13.6 -68.0 +32.9 1,005 6,298 437 -56.5 2,392 -62.0 2 2, 758 2 2, 398 -13.1 2 1, 495 2 1, 813 +21.3 36 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 27 to 138 of the February, 1929, "Survey" 1939 PER CENT INCREASE (+) OR 1938 DECREASE (— ) November December January February March February March Mar., 1929, from Feb., 1929 Mar., 1929, from Mar., 1928 Per ct. increase (+) or decrease (-) cumulative 1929 from 1928 CUMULATIVE TOTAL FROM JAN. 1 THROUGH MAR. 31 1928 1929 CHEMICALS AND OILS— Continued Arsenic— Continued Price index numbers: Crude drugs Essential oils _ Drugs and Pharmaceuticals Chemicals _ _ . Oils and fats rel. to Aug., 1914_. rel. to Aug., 1914. _ 193 175 193 182 195 191 195 195 194 206 209 131 212 132 -0.5 +5.6 -8.5 +56.1 rel. to Aug., 1914.. rel. to 1913-14.. rel. to 1913-14._ 164 113 124 164 113 124 164 113 126 164 113 128 164 169 112 122 169 113 122 0.0 -3.0 12, 315 1,242 12, 267 1,283 11, 687 1,263 11, 266 1,090 12, 082 1,150 11, 718 1,091 13, 022 1,152 +7.2 +5.5 -7.2 -0.2 37, 259 3,352 35, 035 3,503 13, 119 1,123 12, 684 1,417 11, 266 1,214 10, 947 1,074 11, 882 1,165 9,081 507 11, 233 488 +5.8 +8.5 +8.5 +138. 7 31, 657 1, 825 34, 095 +7.7 3,453 +89.2 2,078 283 20 4.50 1,095 127 24 4.50 1, 543 174 42 4.50 1,765 189 16 4.50 1,930 172 17 4.50 20, 228 3,459 1,760 3.50 22, 103 4,062 2,037 3.50 +9.3 -9.0 +6.3 0.0 -91.3 +95.8 -99.2 +28.6 5,427 75 745, 430 53, 146 732, 480 51, 937 684, 766 52, 925 676, 672 46, 067 714, 266 51, 303 642, 855 45, 659 707,460 47, 377 +5.6 +11.4 +1.0 +8.3 2, 049, 866 140, 270 2, 075, 704 150, 295 +1.3 +7.1 284, 685 19, 682 232, 740 42, 698 227, 458 28, 103 218, 563 35, 693 272, 393 30, 003 363, 325 46, 158 333, 496 55, 776 +24.6 -15.9 -18.3 -46.2 167, 012 53, 426 34,583 219, 545 47, 287 69, 407 145, 093 48, 495 43, 915 153, 423 47, 832 37, 213 147, 531 1, 132, 377 1, 079, 047 59, 623 55, 298 47, 268 28,478 42, 871 41, 232 -3.8 +24.7 -23.5 -86.3 +26.1 -30.9 117, 487 109, 606 -6.7 73, 633 6,248 73, 591 6,386 71, 490 6,630 68, 367 5,824 73, 073 6,289 64, 080 5,640 72, 303 5,793 +6.9 +8.0 +1.1 +8.6 204, 942 17,291 212, 930 18, 743 +3.9 +8.4 532, 516 72, 760 622, 937 72, 399 498, 301 72, 933 483, 721 74, 100 456,035 73, 976 543, 555 74, 734 534, 161 75, 117 -5.7 -0.2 -14.6 -1.5 3,485 370 3,452 388 3,336 372 3,336 534 3,336 404 3,323 261 3,323 261 0.0 -24.3 +0.4 +54. 8 .... 536, 782 39, 500 667, 468 57, 600 494, 501 59, 800 449, 800 47, 700 494, 435 47, 500 390, 099 44, 850 442, 023 48, 400 +9.9 -0.4 +11.9 -1.9 1, 328, 195 131, 950 1, 438, 736 +8.3 155, 000 +17.5 422, 640 21, 751 464, 063 38, 912 503, 054 35, 534 550, 702 38, 393 681, 815 36, 149 467, 723 33, 044 412, 597 48, 413 +23.8 -5.8 +65.2 -25.3 494, 047 42, 989 615, 515 33, 869 .58 506, 624 47, 629 .58 466, 621 33, 623 .58 518, 906 43, 885 407, 351 35, 986 .46 469, 308 11, 505 .46 +11.2 +10.6 +30.5 +281. 4 1, 359, 325 65, 266 1, 492, 151 -9.8 125, 137 +91.7 19,220 19, 294 8,132 19, 898 18, 236 8,953 15, 282 13,911 8,701 13, 830 11,813 9,662 14, 858 13, 090 10, 424 11, 220 9,061 10, 120 11,050 8,686 10, 945 +7.4 +10.8 +7.9 +34.5 +50.7 -4.8 35, 320 27, 845 43, 970 +24.5 38, 814 +39.4 35, 524 34, 293 32, 723 17, 147 33, 642 31, 660 29, 068 20, 148 33, 596 35, 576 35, 733 18, 071 35, 392 34, 322 32, 606 19, 151 34, 485 33, 168 32, 543 20, 366 31, 895 31, 035 29, 203 18, 447 30,001 30, 801 29, 660 18, 645 -2.6 -3.4 -0.2 +6.3 +14.9 +7.7 +9.7 +9.2 . 91, 503 93, 168 88, 741 103, 473 +13.1 103, 066 +10.6 100, 882 +13.7 28, 160 83, 472 .59 27, 360 90, 371 .61 8,175 79, 837 .61 4,758 67, 956 .58 8,440 48, 396 .58 4,568 61, 906 .60 5,624 40, 338 .60 +77.4 -28.8 0.0 +50.1 +20.0 -3.3 17, 956 21, 373 +19.0 117, 168 246, 178 9.59 125, 706 271, 187 9.34 45, 203 227, 409 8.87 29, 284 177, 232 8.30 37, 733 100, 722 7.86 30, 549 159, 053 8.94 25, 544 123, 074 8.89 +28.9 -43.2 -5.3 +47.7 -19.2 -11.6 97, 253 112, 220 +15.4 35, 771 112, 680 33, 630 115, 216 37, 765 120, 956 33, 152 126, 264 37, 361 128, 665 32, 792 90, 429 35, 148 98, 101 +12.7 +1.9 +6.3 +31.2 97, 140 108, 278 +11.5 6,882 5,944 6,750 6, 883 7,347 7,869 6,436 7,648 7,059 6,773 5,645 10. 477 6,647 10, 862 +9.7 -11.4 +6.2 -37.6 18, 063 20, 842 +15.4 211, 960 827, 633 209, 125 898, 610| 238, 703 938, 737 204, 700 899, 181 235, 445 888, 915 237, 953 641, 354 259, 079 693, 522 -9.1 +15.0 -1.1 +28.2 695, 678 1 II Wood Chemicals Acetate of lime: ProductionUnited States thous of Ibs Canada thous. of Ibs ShipmentsUnited States thous. of Ibs Canada thous. of lbs._ Stocks, end of monthUnited States thous. of lbs._ Canada thous. of lbs__ Exports thous. of Ibs. Price, wholesale dolls, per cwt._ Methanol, crude: Production — United States... _ gallons.. Canada gallons.. Stocks at crude plants, end of monthUnited States .gallons. _ Canada gallons.. Stocks at refineries and in transitUnited States gallons.. Canada gallons.. Exports gallons.. Wood at chemical plants: ConsumptionUnited States . cords. _ Canada cords Stocks, end of month — United States. _ cords.. Canada cords.. Daily capacityTotal cords. _ Shutdown _. .cords.. Methanol, refined: ProductionUnited States gallons. _ Canada _ gallons.. Stocks, end of month — United States gallons. . Canada -..gallons.. Shipments — United States gallons.. Canada gallons.. Price, wholesale, N. Y dolls, per gal.. -6.0 +4.5 Ethyl Alcohol Production thous. of gals Withdrawn for denaturization. .thous. of gals.. Warehouse stocks, end of month. thous. of gals. _ Explosives (Black powder, permissible, and other high explosives) Production Shipments New orders Stocks, end of month thous. thous. _ . thous. thous. of Ibs of Ibs of Ibs . of lbs_. Naval Stores Turpentine (gum) : Net receipts, southern ports barrels.. Stocks at port, end of month barrels.. Price, southern, New York.. dolls, per gal.. Rosin (gum) : Net receipts, southern ports barrels.. Stocks at 3 ports, end of month. ..barrels.. Price, B, New York dolls, per bbl_. Eosin (wood): Production __ . . ..barrels.. Stocks, end of month barrels. . Turpentine (wood): Production .. . . _ barrels Stocks, end of month barrels. _ Pine oil: Production.. _ _ gallons.. Stocks, en'l of month gallons. . • 678, 848 -2.4 37 TREND OF BUSINESS MOVEMENTS—Continued 1928. 1939 PER CENT INCREASE (+) OR DECREASE (— ) 1938 The cumulatives shown are through March, except where otherwise noted. Earlier data for items shown here may be found on pages 27 to 138 of the February, 1929, "Survey" November December January February March February March Mar., 1929, from Feb., 1929 Mar., 1929, from Mar., 1928 CUMULATIVE TOTAL FROM JAN. 1 THROUGH MAR. 31 1938 1939 Per ct. increase (+ } or decrease (-) cumulative 1929 from 1928 CHEMICALS AND OILS- Continued Roofing Hoofing, felt: Production, dry felt Stocks, end of month, dry felt tons tons.. 69,352 17, 424 4,045 14, 475 4,600 18, 122 4,598 23, 166 3,078 28,064 2,925 19, 098 3,558 25,492 2,775 +21.1 -5.0 +10.1 +5.4 66,333 5,570 71, 918 30, 955 3,928 70, 010 3 28, 544 2,884 74, 261 823,474 3,637 80, 125 3 22, 200 2,608 85, 328 3 31, 587 8,939 49, 811 3 7, 939 9,406 56, 179 15,200 -28.3 -72.3 +6.5 +51.9 +42.3 +107. 8 27, 750 165, 860 50, Oil 9,129 -67.1 239, 714 +44.5 77, 261 +54.5 29, 672 36, 444 35, 164 35, 264 30,842 22, 271 20,889 -12.5 +47.6 75, 911 101, 270 +33.4 16, 026 14, 839 15, 455 15, 221 15, 587 14,009 13, 381 +2.4 +16.5 40, 581 46, 263 +14.0 30, 569 32, 755 28, 899 28, 526 29, 474 27, 847 28, 943 32, 713 29, 718 28, 260 27, 624 26, 327 27, 288 3 27, 427 +2.7 -13.6 +8.9 +3.0 81, 117 81, 483 88, 135 88, 820 +8.7 +9.0 6,958 6,325 6,109 6,435 6,825 6,672 6,524 +6.1 +4.6 20,010 19,369 -3.2 420, 026 748, 093 999, 136 161, 745 514, 032 646, 849 106, 052 364, 816 386, 986 170, 491 448, 324 483, 157 95, 722 322, 955 255, 924 -34.4 -29.0 -40.2 +10.8 +13.0 +51.2 584, 954 1, 341, 983 687, 823 +17.6 1, 626, 941 +21.2 237, 127 141, 595 165, 872 125, 900 119, 825 106, 955 144, 040 161, 127 107, 322 124, 029 -27.8 -15.0 +11.6 -13.8 433, 696 522, 824 +20.6 205, 804 511, 162 .103 2,283 167, 753 567, 279 .109 2, 314 126, 859 584, 978 .106 2,387 138, 895 568, 667 .093 2,114 124, 274 543, 876 .096 2,214 -24.4 +3.1 -2.8 +3.2 +2.1 +7.6 +10.4 +7.8 406, 399 500, 416 +23.1 +4.6 Fats and Oils Total vegetable oils and copra: Exports.. _ _ thous. oflbs Imports thous of Ibs Copra, imports short tons Copra or coconut oil: Imports ._ .. thous. of Ibs . Consumption in oleomargarine ~ thous. oflbs Oleomargarine: Production thous. of Ibs Consumption thous. of Ibs Animal glues: Shipments thous. of lbs_. Cottonseed Cottonseed: 707, 392 Receipts at mills. short tons 1, 010, 791 Consumption (crush) .short tons.. 869, 599 701, 116 Stocks at mills end of month short tons 1, 323, 367 1, 328, 703 Cottonseed oil, crude: 272, 893 219, 532 Production thous. of Ibs 143, 080 Stocks end of month thous of Ibs 133, 837 Cottonseed oil, refined: 223, 886 Production thous. of Ibs 217, 211 322, 857 Stocks end of month thous of Ibs 431, 694 Price, yellow, prime, N. Y dolls, per lb_. .096 .103 2,621 Consumption in oleomarg.. .thous. oflbs.. 2,522 Cottonseed cake and meal: 387, 160 Production short tons 315, 442 160, 899 182, 173 Stocks end of month short tons 40, 482 Exports . _short tons. 60, 272 337, 989 237, 067 34, 135 235, 477 256, 982 27, Oil 167, 225 239, 050 23, 790 201, 609 171, 458 27, 671 151, 549 110, 600 12, 514 6,490 29.0 +10.3 -7.0 +116. 1 -11.9 +90.1 611, 308 93, 434 6,984 +7 740, 691 +21.2 84, 936 -9.1 Flaxseed Minneapolis and Duluth: Receipts _ thous. of bushs. Shipments thous. of bushs.. Stocks, end of month thous. of bushs.. Mill receipts at DuluthSuperior thous. of bushs Imports thous. of bushs Linseed oil: Shipments from Minneapolis. thous. of lbs__ Price New York dolls per Ib Linseed cake and meal: Shipments from Mmneapolis.thous. of Ibs. _ Exports thous. of dolls 2,140 2,862 1, 243 770 199 1, 257 369 283 1,063 346 399 727 369 351 603 616 457 2,668 518 572 2,087 +6.6 -12.0 -17.1 -28.8 -38.6 -71.1 1,857 1,606 1,084 -41.6 1,033 -35.7 515 1,417 ! 115 1, 533 69 1,411 34 2,529 13 2,737 45 1,264 76 1,671 -61.8 +8.2 -82.9 +63.8 222 4,116 116 I -48.7 6,677 +62.2 13, 622 .102 8, 375 .101 12," 782 .100 13, 214 .102 14, 602 .102 12, 917 .098 15, 722 .098 +10.5 0.0 -7.1 +4.1 41, 662 31, 468 44,131 26, 141 46, 569 24, 411 22, 859 23, 479 22, 117 19, 427 38, 874 28, 540 53, 532 29, 547 53, 686 -17.3 +75.8 -34.3 -27.6 106, 750 151, 585 67, 317 -36.9 83, 850 j -44.7 140, 775 173, 890 142, 532 197, 219 130, 063 188, 742 126, 503 184, 467 125, 351 181, 676 74, 260 152, 760 69, 939 143, 919 -0.9 -1.5 +79.2 +26.2 43, 532 35, 627 * 153, 866 32,963 21, 415 22, 537 16, 762 28, 698 15, 192 107 215 27, 220 16, 926 22, 488 12, 771 « 85, 385 26, 263 14, 883 -30.3 -5.2 +11.4 +25.6 +3.6 +13.7 72, 293 41, 938 78, 455 +8.5 48, 880 +16.6 10, 561 15, 955 7,641 11, 866 3,399 9,559 3,214 8,704 3,487 9,153 2,276 6,536 2,740 7,290 +8.5 +5.2 +27.3 +25.6 10, 972 25, 386 10, 100 -7.9 27, 416 ! +8.0 80, 633 53, 242 25, 032 19, 711 21, 828 23, 794 2 40, 475 2 44, 743 +10.5 129, 041 -0.5 2 15, 080 ! +7.8 40, 598 -2.6 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 StatesWheat only thous. of bushs Including wheat fiour.thous.. of bushs ... Canada— Including wheat flour thous of bushs Prices: No. 1, Northern spring, Minneapolis dolls per bush No. 2 Red Winter, St Louis dolls per bush No. 2 Hard Winter, Kansas City dolls per bush 4 1.16 1.15 1.21 1.28 1.25 1.34 1.39 -2.3 -10.1 1.45 1.39 1.42 1.40 1.35 1.56 1.69 -3.6 -20.1 1.12 1.11 1.14 1.18 1.16 1.33 1.38 -1.7 -15.9 45, 289 9,690 42, 246 7,600 45, 767 7,794 3 41, 292 7,286 41, 982 3 41, 646 6,737 3 45, 281 7,481 +1.7 -7.3 129, 750 2 13, 983 +1.9 -5.8 +1.2 -10.0 -9.3 0.0 27, 989 2 20, 609 2 3, 043 2, 289, 945 Wheat Flour Orindings of wheat: United Statesthous. of bushs Canada thous of bushs Production: United States, actual thous. of bushs.. United States prorated thous of bbls Canada thous of bbls Production, grain offal thous. oflbs... Capacity operated, flour mills per cent.ConsuniDtion (computed) thous. of bbls 2 Cumulative through Feb. 28. 9,269 9,909 10, 229 11, 200 1,672 2,175 727, 305 780, 189 57 61 10. 401 9.420 3 Revised. 9,026 9,202 38,975 3 9, 772 10, 014 10, 020 10, 738 10, 107 10, 808 1,600 1,464 3 1,617 1,698 799, 669 792, 580 3 716, 899 725, 495 3 736, 387 54 60 54 58 56 10. 499 8.986 9.229 9.340 1 Quarter ending in month indicated. 28,242 2 20, 828 2 3, 298 2, 234, 974 +0.9 +1.1 +8.4 -2.4 2 18, 215 2 17, 547 * Quarter ending Mar. 31,1928. +3.8 38 TREND OF BUSINESS MOVEMENTS—Continued 1938 The cumulatives shown are through March, except where otherwise noted. Earlier data for items shown here may be found on pages 27 to 138 of the February, 1929, "Survey" November 1929 December January February PER CENT INCREASE (+) OR DECREASE (— ) 1928 March February March Mar., 1929, from Mar., 1928 Mar., 1929, from Feb., 1929 CUMULATIVE TOTAL FROM JAN. 1 THROUGH MAR. 31 1928 1929 Per ct. increase (+) or decrease -(-) cumulative 1929 from 1928 FOODSTUFFS-ContiDued Wheat Flour— Continued Stocks, all positions, end of month (computed) thous. of bbls Stocks held by mills, end of quarter thous. of bbls_. Exports: United States thous of bbls Canada thous. of bbls Wholesale prices: Standard patents, Minn dolls, per bbL. Winter, straights Kansas City _ .dolls, per bbl_ _ 7,500 7,730 7,580 7,400 6, 970 4 < 4, 597 4, 356 6,200 5 4, 189 -5.2 +4.0 1,199 1,159 939 923 1,369 933 1,220 998 1,259 947 768 1,011 1,142 +3.2 +24.5 6.23 6.13 6.34 6.81 6.67 7.37 7.54 -2.1 -11.5 5.53 5.50 5.52 5.73 5.72 6.66 6.88 -0.2 -16.9 2,124 Exports, including meal thous. of bushs. Visible supply, end of month.thous. of bushs. _ 7,223 Receipts, principal markets _ _ thous. of bushs.. 26, 921 Shipments, prin. markets thous. of bushs.. 11, 868 Grindings (starch, glucose) thous. of bushs.. 7,535 Price, No. 2, Chicago . . ..dolls, per bush.. .90 6,288 17, 790 42, 712 18, 564 6,550 .86 12, 357 28, 012 39, 876 19, 838 8,364 .92 8,087 36, 265 29, 229 13, 951 8,719 .97 5,021 37, 100 21, 562 13, 461 7,085 .95 4,097 43, 582 44, 126 22, 705 8,339 .95 3,697 46, 734 41, 039 24, 402 9,244 .99 -37.9 +2.3 -26.2 -3.5 -18.7 -2.1 +35.8 -20.6 -47.5 -44.8 -23.4 -4.0 10, 834 16, 935 822 .47 1,112 11, 196 17, 118 951 .49 896 9,919 16, 212 703 .52 824 9,562 16, 819 451 .53 925 8,535 14, 071 513 .52 11, 667 20, 634 336 .58 822 13, 975 16, 265 453 .61 944 -10.7 -16.3 +13.7 -1.9 -38.9 -13.5 +13.2 -14.8 13, 988 11, 580 9,956 11,710 9,360 10, 982 7,377 9,627 5,263 6,476 9,250 6,873 3,970 8,932 2,277 4,960 9,293 3,244 3,891 8,459 2,209 4,457 2,206 1,004 5,052 2,738 915 .55 .57 .60 .62 .59 .96 .99 -4.8 -40.4 1,515 4,143 1,401 1.06 2,083 5,726 499 1.06 1,045 5,973 197 1.04 1,119 6,239 126 1.12 914 6,724 97 1.08 1,330 4,078 458 1.12 1,982 4,959 313 1.20 -18.3 +7.8 -23.0 -3.6 25, 564 26, 477 25, 093 3 20, 613 16, 992 12, 431 12, 659 3,203 3, 848i +20.1 21,931 +25.9 2 1, 534 Corn 9,455 25, 465 +169. 3 121, 166 66, 658 25, 913 90, 667 47, 250 24, 168 36, 137 28, 016 -22.5 1,412 1,667 +18.1 -25.2 -29.1 -6.7 Oats Receipts, principal markets... thous. of bushs._ Visible supply, end of month. thous. of bushs-. Exports including meal thous. of bushs Price, contract grades, Chi dolls, per bush.. Grindings Canada thous. of bushs Production, oatmeal and rolled oats Canada thous. of Ibs 2 1, 862 2 21, 821 2 21,749 -6.1 21,666 -0.7 Barley Receipts, principal markets _ _ thous. of bushs.. Visible supply, end of month. thous. of bushs _ _ Exports thous. of bushs.. Price, fair to good, malting, Chicago dolls, per bush -21.6 -23.0 -9.0 +208. 9 -31.9 +141.4 15, 910 12, 821 -19.4 3,820 7,730 +102. 4 -53.9 +35.6 -69.0 -10.0 4,789 3,078 -35.7 1,290 420 -67.4 -17.6 +34.2 37, 354 62, 698 +67.8 -25.7 -6.1 -4.8 -12.6 +16.3 -36.3 -53.4 —15.4 -31.6 -3.7 +48.4 -52.5 2,600,492 2, 984, 907 553, 697 1, 652, 213 -36.5 2, 555, 991 -14.4 385, 345 -30.4 1, 080, 277 150, 843 1, §61, 749 +20.5 124, 491 -17.5 -39.8 -30.1 +12.4 -16.4 +13.5 -5.0 +10.8 +50.7 -5.3 -14.1 +48.6 +31.1 13, 787 65, 505 7,327 27, 986 183, 249 Rye Receipts, principal markets. ..thous. of. bushs.. Visible supply, end of month..thous. of bushs.. Exports, including flour thous. of bushs Price, No. 2, Chicago __ .dolls, per bush.. Total Grains Total grain exports, incl. flour .thous. of bushs.. Bice Southern paddy, receipts at mills bbls.. 1, 935, 761 947, 584 621, 096 591, 678 439, 439 804, 645 942, 266 Shipments, total from mills - pockets (100 Ibs.) . .1, 277, 631 1, 053, 585 973, 256 816, 370 766, 365 961, 109 905, 678 New Orleans pockets (100 Ibs.) 251, 453 205, 384 146, 342 122, 455 116, 548 224, 932 170, 442 Stocks, end of month pockets (100 lbs.)__ 2, 886, 600 2, 792, 141 2, 515, 008 2, 354, 518 2, 057, 678 2, 038, 415 2, 137, 656 Exports pockets (100 Ibs.) 408, 917 542, 283 504, 921 368, 378 428, 450 322, 071 288, 771 Imports pockets (100 lbs.)_. 16, 663 29, 774 76, 593 39, 279 29, 251 18, 647 58, 820 Other Crops Apples: Cold-storage holdings, end of month thous. of bbls.. 10, 392 9,052 6,875 3 4, 517 2,719 3,699 2,454 Car-lot shipments _ . carloads 19, 331 8,161 7,656 7,697 5,379 4,913 3y569 Potatoes, car-lot shipments carloads 17, 593 12, 872 19, 479 19, 868 22, 334 22, 258 23,582 Onions, car-lot shipments _ __ _ carloads. . 2,158 2,436 1,791 1,497 1,611 2,470 1,743 Citrus fruits, car-lot shipments carloads 11, 671 13, 314 15, 226 13, 338 15 144 8,735 10, 194 Hay, all tame, receipts . _ tons 54, 962 42, 958 65, 854 79, 449 62, 673 57, 567 75, 490 Cattle and Beef Cattle movements, primary markets: Receipts thousands Shipments, total thousands Shipments, stocker and feeder.. thousands.. Local slaughter thousands Beef products: Production, inspected thous. of Ibs. . Apparent consumption thous. of Ibs.. Exports... thous. of lbs._ Cold-storage holdings, end of month. _ thous. of Ibs Prices: Cattle, corn-fed, Chicago-dolls, per lOOlbs.. Steer rounds, No. 2 dolls, per Ib Western dressed steers, N. Y..dolls. per lb._ 2 Cumulative through Feb. 28. 1,963 944 497 1, 038 1,510 598 253 910 410, 226 397, 635 934 366, 012 355, 846 867 79,633 98, 913 93, 990 14.28 14.28 .2.53 .245 .262 .245 3 Revised. 13.53 .240 .245 1,635 3561 178 3 1, 057 20, 732 61, 681 5,724 43, 708 220, 793 +50.4 -5.8 -21.9 +56.2 +20.5 1,191 405 117 787 1,445 497 162 923 1,516 552 194 961 1,465 522 173 940 +21.3 +22.7 +38.5 +17.3 -1.4 -4.8 -6.4 -1.8 4, 752 1.734 601 2,981 4,271 -10.1 1,463 -15.6 457 -24.0 2,767 -7.2 419, 676 328, 857 430, 985 3 339, 194 1,119 1,273 371, 942 389, 527 1,614 370, 385 381, 727 935 378, 251 389, 414 1,143 +13.1 +14.8 +26.8 -1.7 0.0 +41.2 1, 136, 386 1, 168, 536 3,052 81, 757 63, 749 57,256 -7.9 +42.8 1, 120, 475 -1.4 1, 159, 706 -0.8 4,006 +31.3 i 4 s 88, 771 12.84 14.78 13.72 12.06 .209 .211 .212 .205 .215 .221 .217 .230 Quarter ending in month indicated. +6.5 +1.C +O.S ! 5 -6.4 +2.9 i -18 1 Quarter ending Mar. 31, 1928. 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 27 to 138 of the February, 1929, "Survey" November December PER CENT INCREASE (-f ) OR DECREASE (— ) 1928 1929 1938 January February March February March Mar., 1929, from Feb., 1929 Mar., 1929, from Mar., 1928 CUMULATIVE TOTAL FROM JAN. 1 THROUGH MAR. 31 1928 1929 Per ct. increase (+) or decrease ( _) cumulative 1929 from 1928 FOODSTUFFS— Continued Hogs and Pork Hog movements, primary markets: Receipts _ thousands Shipments, total thousands Shipments, stocker and feeder. .thousands.. Local slaughter thousands Pork products, total: Production, inspected thous. of lbs__ Apparent consumption thous. of lbs__ Exports thous. of Ibs.. Cold-storage holdings, end of month: Total thous of Ibs Fresh and cured thous of Ibs Lard: Production* thous of Ibs Exports _ _ _ _ . .thous. of lbs_ Cold-storage holdings, end of month thous of Ibs Prices: Hogs, heavy, Chicago.. .dolls, per 100 lbs._ Hams, smoked, Chicago dolls, per lb__ Lard, prime contract N Y dolls per Ib 12,361 4,731 168 7, 615 4,639 1,760 78 2,892 -13.9 -9.1 +46.9 -16.3 -27.2 -22.4 -7.7 -30. 3 15, 212 5,419 230 9,792 974. 060 770, 096 628, 505 3 537, 342 122, 577 93, 681 635,791 1,017,548 890, 408 549, 276 3 641, 760 3 618, 922 116,937 102, 276 109, 280 -17.4 +2.2 +9.2 -28.6 -11.3 -12.5 2, 843, 423 1, 937, 059 325,011 755, 256 670, 039 978, 806 3 944, 742 838, 280 3 770, 878 924, 245 1, 006, 998 1, 162, 243 744, 567 885, 916 997, 737 -2.2 -3.4 -20.5 -25.4 141, 720 67, 716 196, 500 86, 358 213, 780 89, 932 164, 915 65, 924 70, 572, 217, 354 3 194, 583 79, 929 79, 872 +7.1 -11.7 67, 257 85, 217 140, 526 3 173, 864 179, 678 121, 082 164, 506 +3.3 +9.2 9.02 .243 .121 8.78 .244 .117 9.10 .232 .121 10.13 .231 .123 11. 39; .238^ .125 8.03 .210 .116 7.83 .207 .118 +12.4 +3.0 +1.6 +45.5 +15.0 +5.9 2,053 1,091 544 1,016 1,610 693 193 917 1,876 837 188 1,040 1,543 683 115 839 1,526 699 122 835 1,669 729 101 945 1,520 705 95 814 -1.1 +2.3 +6.1 -0.5 +0.4 -0.9 +28.4 +2.6 4,894 2,139 312 2,753 45, 546 44, 756 5,472 41, 079 41, 051 5,623 45, 485 47, 139 4,009 38, 424 3 39, 908 3 3, 252 40, 888 41, 334! 3,106 44, 057 44, 428 4,020 42, 130 43, 052 3,252 +6.4 +3.6 -4.5 -2.9 -4.0 -4.5 133, 268 134, 535 5.31 12.69 6.28 13.78 8.39 15.59 7.72 15.59 8.42 16.19 8.16 15.13 8.41 15.38 +9.1 +3.8 +0.1 +5.3 60, 392 82, 915 88, 678 3 91, 363 89, 911 71, 707 74, 949 -1.6 +20.0 -7.8 -2.6 +7.0 -20.0 —15 3 -6.8 4,113,076 3, 625, 219 -11.9 3, 240, 130 3, 003, 210 -7.3 +0.6 4,075 1,475 62 2,602 4,773 1,529 48 3,230 741, 385 641, 378 88, 592 969, 121 633, 827 109, 671 529, 019 461, 762 5,061 s 1, 864 47 3 3, 194 3,922 1,502 49 2,406 3, 378 1,365 72 2, 015 5,267 1,810 75 3,457 2 407, 911 230, 461 -18.7 -12.7 -27.0 -22.2 2, 379, 947 -16.3 1, 715, 123 -11.5 318, 534 -2.0 2 378, 695 226, 428 -7.2 -1.7 Sheep and Lambs Sheep movement, primary market: Receipts thousands Shipments, total thousands Shipments, stocker and feeder-thousands. _ Local slaughter thousands Lamb and mutton: Production, inspected thous. of lbs._ Apparent consumption thous. of Ibs. . Cold-storage holdings, endmo.thous. of Ibs. _ Prices: Sheep, ewes, Chicago dolls, per 100 Ibs. _ Sheep, lambs, Chicago. -dolls, per 100 Ibs.. 4,945 +1.0 2,219 +3.7 425 +36.2 2,714 -1.4 124, 797 128, 381 -6.4 -4.6 Miscellaneous Meats Cold-storage holdings, end mo— .thous. of lbs__ Total Meats Production, inspected thous. of lbs._ 1, 197, 158 1, 376, 212 1, 439, 221 1, 137, 377 1, 048, 621 1, 431, 989 1, 310, 789 Cold-storage holdings, end mo.. .thous. of Ibs.. 3 674, 516 942, 707 1, 165, 483 31,128,128 1, 099, 019 1, 146, 474 1, 297, 700 Apparent consumption. _ _ .thous. of Ibs. _ s 1,083,769 1, 030, 724 1, 106, 629 3 916, 444 980, 137 1, 067, 915 1, 051, 388 Poultry Receipts at 5 markets thous. of lbs._ Cold-storage holdings, end mo.__thous. of lbs._ 60, 812 79, 173 69, 965 109, 684 30, 969 102, 380 20, 672 3 89, 088 17, 116 68, 748 20, 857 103, 494 18, 135 83, 169 -17.2 -22.8 -5.6 -17.3 68, 339 68, 757 23, 236 77, 677 21, 189 78, 090 15, 496 62, 375 24, 564 48, 347 27, 759 37, 707 18, 860 44, 877 28, 316 34, 528 +13.0 -22.0 -2.0 +9.2 61, 476 67, 819 +10.3 504, 854 145, 725 577, 378 170, 690 523, 761 205, 096 428, 399 73, 556 89, 225 316, 392 79, 760 314, 241 103, 127 +21.3 -13.5 351, 833 367, 877 87, 522 36, 616 92, 594 36, 863 102, 827 44, 925 97, 670 41, 557 151, 528 46, 186 95, 661 41, 140 107, 689 45, 748 +55.1 +11.1 +40.7 +1.0 309, 645 129, 159 352, 025 +13.7 132, 668 +2.7 70, 985 158, 627 .51 43, 783 166, 048 .51 24, 747 157, 457 .48 3 11,910 143, 208 5,535 50 151, 528 .48 14, 404 143, 844 .47 5,716 156, 505 .49 -53.5 +5.8 -4.0 -3.2 -3.2 -2.0 460, 036 452, 193 24, 351 14, 180 40, 872 24, 690 11,691 37, 340 21, 510 13, 781 40, 192 20, 796 13, 878 36, 450 23, 562 12, 261 34, 612 29, 970 13,716 36, 618 35, 200 14, 655 41, 490 +13.3 -11.7 -5.0 -33.1 -16.3 -16.6 94, 408 42, 780 115, 516 65, 868 -30.2 39, 920 -6.7 111, 254 -3.7 89, 970 9,379 278 15, 431 85, 730 8,836 190 5,573 74, 016 7, 291 244 1,500 3 63, 968 5,687 194 714 58, 063 278 726 48, 784 5,303 208 1,148 43, 303 5,759 266 2,011 -9.2 -4.6 +43.3 +1.7 +34.1 -5.8 +4.5 -63.9 16, 409 731 4,483 18, 401 +12.1 716 -2.1 2,940 -34.4 74, 325 .25 68, 075 .26 57, 764 .25 3 49, 546 .24 45, 024 .24 36, 710 .24 31,887 .25 -9.1 -0.0 +41.2 -4.0 546 606 918 832 1,816 1,320 2,034 +118.3 -10. 7 4,216 3,566 -15.4 3,542 64, 201 1,415 56, 181 248 48, 055 3 R evised. 11 3 38, 250 Fish Total catch, prin. ports thous. of bbls_. Cold-storage holdings, 15th of mo. thous. of Ibs. . Canned salmon: Shipments, United States cases Exports, Canada cases . +4.6 Butter Production (factory). thous. of lbs_, Receipt, 5 markets _ _ thous. of lbs_. Cold-storage holdings, creamery, end of month thous. of Ibs Apparent consumption thous. of lbs._ Wholesale price New York dolls per Ib Cheese Total, all varieties: Production (factory) thous. of lbs._ Receipts, 5 markets thous. of lbs._ Apparent consumption thous. of Ibs. _ Cold-storage holdings, end of month thous of Ibs Imports __ thous. of lbs_. Export, United States thous. of Ibs.. Exports, Canada.. thous. of Ibs. American whole milk: Cold-storage holdings, end of month thous of Ibs Wholesale price, New York. .dolls, per lb_. • 5,423 -1.7 Eggs Receipts, 5 markets thous. of cases Cold-storage holdings, end of month: Case thous of cases Frozen thous of Ibs 2 Cumulative through Feb. 28. 1,087 +400. 0 -49.4 66 +1.8 31, 362 34,411 -8.4 *Seet able on p. 22 of the A pril, 1929 issue foi• earlier data. 550 35, 023 40 TREND OF BUSINESS MOVEMENTS—Continued 1928 The curnulatives shown are through March, except where otherwise noted. Earlier data for items shown here may be found on pages 27 to 138 of the February, 1929, "Survey" Novem- December ber 1929 January February PEE CENT INCREASE (+) OR DECREASE (— ) 1928 March February March Mar., 1929, from Feb., 1929 Mar., 1929, from Mar., CUMULATIVE TOTAL FROM JAN. 1 THROUGH MAR. 31 1928 1929 1928 Per ct. increase ( ~y or decrease (-) cumulative 1929 from 1928 FOODSTUFFS— Continued Milk Condensed milk: Total stocks, mfrs., end mo.— Case goods thous. of lbs._ Bulk goods .thous. of lbs._ Unsold stocks, mfrs., end mo. — Case goods .thous. of lbs__ Bulk goods - thous_._ Exports thous. of Ibs Wholesale price, New York-dolls, per case.. Evaporated milk: Manufacturers' stocks, end of mo. — Total, case goods thous. of lbs__ Unsold, case goods thous. of lbs__ Exports . _ .thous. of Ibs.. Wholesale price, New York.dolls. per caseProduction, condensed and evaporated milk thous. of Ibs. _ Powdered milk: Manufrs.' stocks, end mo thous. of lbs__ Exports thous. of Ibs. Net new orders - thous. of Ibs.. Fluid milk: ReceiptsBoston (includ cream) thous. of qts ProductionMinneapolis, St. Paul-.- thous. of lbs_. Consumption in manufacture of oleomargarine thous. of lbs_. S u gar Raw: Imports— From Hawaii, Porto Rico _ .long tons.. From foreign countries long tons.. Meltings, 8 ports long tons__ Stocks at refineries, end month, .long tons. _ Refined: Shipments, 2 ports long tons. . Stocks 2 ports long tons Exports, including maple long tons.. Prices: Wholesale, 96° centrif., N. Y.dolls. per lb__ Wholesale granulated, N. Y dolls, per Ib Retail, granulated, N. Y dolls, per Ib- _ Retail average, 51 cities relative to 1913_ _ Cuban movement (raw) : Receipts at Cuban ports long tons._ Exports long tons _ Stocks, end of month long tons.. Coffee Imports thous. of bags. . Visible supply: World _ -thous. of bags __ United States thous. of bags Receipts, total, Brazil thous. of bags.. Clearances: Total, Brazil, for world thous. of bags.. Total, Brazil, for U. S thous. of bags.. Price, Rio No. 7, Brazil grades. -.dolls, per lb_. Tea Imports thous. of Ibs Stocks, United Kingd., end mo._thous. of lbs._ Price, Formosa, fine, New York dolls, per lb__ 18, 864 14, 759 14, 398 8,165 10, 393 6,271 8,463 35,826 8,677 6,485 17, 924 7,635 15, 845 8,299 +2.5 +11.3 -45.2 -21.9 13, 588 3,640 3,335 6.18 9,428 3,556 2,892 6.18 5,339 2,925 3,432 6.18 3,227 3 2, 669 3,486 6.18 3,841 2,799 4,510 6.18 12, 534 5,230 2,645 5.98 10, 868 6,034 4,707 5.84 +19.0 +4.9 +29.4 0.0 -64.7 -53. 6 -4.2 +5.8 158, 293 136, 271 6,276 4.58 153, 351 133, 835 4,821 4.58 137, 163 3 116, 823 112, 430 3 95, 925 6,021 6,606 4.58 4.58 111, 866 87, 491 7,768 4.56 93, 528 65, 497 7,531 4.46 75, 949 56, 201 8,742 4.23 -4.2 +47.3 -8.8 +55.7 +17.6 -11.1 -0.4 +7.8 82, 285 108, 290 108, 812 124, 757 147, 671 128, 694 152, 238 13, 824 502 6,188 13, 366 365 5,945 13, 450 372 5,496 3 11, 525 488 3 4, 907 13, 839 454 6,234 9,185 328 4,781 9,113 266 6,062 16, 886 17, 087 16, 631 15, 560 15, 964 18, 176 21, 678 25, 522 28, 388 27, 025 31, 248 26,192 28, 780 8,931 8,624 8,036 7,835 8,133 8,117 7,762 57, 602 229, 477 404, 450 234, 429 16, 087 194, 351 285, 122 221, 196 68,900 3 101, 159 255, 768 444, 157 332, 872 380, 899 221, 334 381, 067 124, 704 601, 727 505, 286 559, 993 130, 034 344, 459 310, 612 333, 493 48, 231 25, 007 14, 887 44, 824 19, 168 8,213 50, 026 28, 042 8,243 63, 778 37, 044 9,944 73, 231 49, 451 10, 159 .039 .051 .060 124 .039 .052 .060 122 .038 .050 .061 122 .037 .049 .060 120 .037 .048 .057 118 123, 919 287, 075 288, 393 92, 648 259, 469 125, 449 638, 996 237, 350 457, 157 959, 318 1,061,472 468,615 659, 501 947, 380 1, 296, 744 11, 171 11, 428 +2.3 23, 633 20, 395 -13.7 -3.0 400, 342 381, 240 -4.8 +20.1 +51.9 -7.0 +70.7 +27.0 +2.8 830 15, 723 +18.4 1,314 +58.3 16, 637 +5.8 2 33, 454 2 32, 191 +8.6 81, 112 86, 661 204, 691 425, 817 468, 496 458, 231 +23.3 -39.1 +35.5 +41.3 +32.7 +7.9 +47.0 +22.2 379, 751 990, 202 1,086,158 294, 763 -22.4 1, 301, 652; +31.5 1, 219, 057 +12.2 47, 631 20, 283 8,842 70, 414 31, 621 9,865 +14.8 +4.0 +33.5 +56.4 +2.2 +3.0 159, 003 187, 035 +17.6 .043 .056 .063 129 .045 .057 .063 129 0.0 -2.0 -5.0 -1.7 -17.8 -15.8 -9.5 896, 615 1,016,015 326, 705 584, 153 851, 113 1, 202, 871 +10.6 +40.7 +36.9 +4.5 +12.9 +7.8 +15.6 +6.8 21, 891 28, 346 +29.5 2, 150, 759 1, 123, 019 2, 659, 786 +23.7 1, 365, 466 +21.6 882 993 1,033 1,035 1,052 1,024 1,085 +1.6 -3.0 3,257 3,120 -4.2 5,393 752 1,287 5,267 783 1,034 5,038 732 1,139 5,022 849 1,126 4,983 822 1,175 4,792 833 1,032 5,050 873 1,332 -0.8 -3.2 +4.4 -1.3 -5.8 -11.8 3,588 3,440 -4.1 993 544 .181 1,166 673 .181 1,176 678 .183 1,165 684 .184 1,043 501 .180 988 507 .157 1,318 789 .168 -10.5 -26.8 -2.2 -20.9 -36.5 +7.1 3,554 1,983 3,384 1,863 -4.8 -6.1 9,417 224, 717 .310 9,264 240, 738 .310 10, 073 251, 387 .322 7,802 253, 716 .330 5,470 259, 651 .330 7,577 6,087 249, 983 3 239, 843 .325 .325 -19.6 +2.3 0.0 -27.8 +8.3 +1.5 21, 824: 22, 345 +2.4 33, 805 6,636 .1055 48, 268 14, 164 .1050 59, 863 15, 753 .1038 39, 993 28, 236 .1083 35, 396 25, 041 .1088 -11.5 +46.3 -11.3 +33.7 +0.5 —20.9 117, 032 51, 538 Cocoa Shipments from the Gold Coast and Nigeria, Africa — long tons_. Imports long tons Spot price, Accra, New York . dolls 44, 841 16, 212 . 1375 24, 195 18, 726 .1375 135, 252 +15.6 69, 030 +33.9 TOBACCO Consumption (tax-paid withdrawals) : 630, 531 411, 910 427, 716 437, 476 453, 605 497, 904 +12.3 Large cigars thousands 491, 305 -1.3 1, 365, 041 1, 356, 497 -0.6 Small cigarettes - _ _ thousands.. 8, 536, 426 7, 515, 101 10, 160, 263 8, 062, 499 8, 689, 510 7, 531, 914 8, 470, 466 +7.8 +2.6 24,371,467 26, 912, 272 +10.4 30, 146 25 369 33, 160 29, 083 32, 310 33, 582 31, 663 Manufac. tobacco and snuff. -thous. of lbs_. +8.9 -5.7 98, 894 93,906 -5.0 Exports: 68, 566 45, 804 48, 703 41, 624 78, 170 30, 673 46, 938 -37.0 -34.7 Unmanufactured .thous. of lbs__ -4.8 131, 520 125, 180 1 836, 921 864, 541 -13.6 Cigarettes thousands- 1, 114, 381 1, 109, 392 1, 010, 368 926, 297 799, 935 -7.5 2/664, 036 2, 736, 600 +2.7 80,574 8,325 -68.1 +209. 0 Sales of loose-leaf, warehouses thous. of Ibs.. 142, 034 142, 869 3 174, 751 61, 235 25, 726 I 205, 030 281, 051 +37.1 1 Cumulative through Feb. 28. a Revised. 41 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 27 to 138 of the February, 1929, "Survey" November December PEE CENT INCREASE (+) OR DECREASE (— ) 1928 1939 January February March February March Mar., 1929, from Feb., 1929 Mar., 1929, from Mar., 1928 CUMULATIVE TOTAL FROM JAN. 1 THROUGH MAR. 31 1929 1928 Perct. increase (+> or decrease (-) cumulative 1929 from 1928 TRANSPORTATION River and Canal Cargo Traffic Panama Canal: +7.6 +13.0 2,502 2,715 2,744 2,660 2,429 Total cargo traffic thous. of long tons._ 2,859 2,550 1,121 1,145 1,138 1,101 +8.0 +11.6 In American vessels.. -thous. of long tons,. 1,229 1,111 1,218 682| -7.5 +10.7 872 691 816 755 In British vessels thous. of long tons.. 750 806 1,262 None. None. None. Sault Ste Marie canals thous of short tons 10, 458 None. None. None. None. 328 None. None. New York State canals thous of short tons None. None. +6.4 +131.2 140, 464 62, 898 63,371 153, 838 141, 496 137, 634 Cape Cod Canal short tons.. 146, 483 2,682 2,439 2, 891 : 2,749 3,050 Suez Canal thous of met tons 2,990 1, 008, 483 1 1 0 9 , 793 1 None. None. None. None. None. W^elland. Canal short tons 1, 082, 545 None. None. St Lawrence Canal short tons 84, 838 None. None. None. 125, 328 148, 218 135, 439 3 131, 918 110, 000 104, 535! Mississippi River Govt. barges short tons Ohio River, Pittsburgh, Pa., to 940, 397 764, 893 656, 435 680, 548 +59.9 +23.5 478, 265 525, 700 840, 604 Wheeling, W.Va short tons.. 302, 344 118,900 +132. 3 +57.6 161, 860 80, 683 187, 400 80, 245 Allegheny River short tons 88, 940 Monongahela River short tons 2, 302, 719 2,114,671 2, 287, 541 1, 960, 686 2, 382, 405 2, 056, 247 2, 103, 877j +21.5 +13.2 7,461 3,241 2,252 8,153 +9.3 3,585 +10. 6 2,377 +5.6 199, 364 2 5, 086 425, 613 +113. 5 2 5, 672 +11.5 2 230, 849 1, 854, 471 280, 730 6, 487, 370 2241,918 +4.8 1, 844, 569 -0.5 357, 023 +27.2 6, 630, 632 +2.2 Ocean Traffic Clearances, vessels in foreign trade: Total thous. of net tons American. thous. of net tons Foreign.. ._ __ thous. of net tons 7,764 3,612 4,152 5,956 2,388 3,568 5,484 1,950 3,534 5,308 1,909 3,399 4,913 1,382 3,880 1,812 7,413 3 3, 392 3,323 1,335 169 94 126 168 5,933 2,145 3,788 5,035 1,877 3,158 5,581 1, 895' 3,686 20, 787 15, 218 12, 9901 5,907 207 232 +11.8 +12.4 +11.4 +6.3 +13.2 +2.8 +11.3 -19.4 +28.4 -3.6 +87.9 -19.0 -24.0 -20.4 15, 779 5,637 10, 142 16, 725 6,004 10, 721 +6.0 +6.5 +5.7 Shipbuilding Completed during month: Total gross tons Steel seagoing gross tons Building or under contract, end of month: Merchant vessels thous of gross tons 187 Freight Cars Surplus (daily av. last week of month) : 222, 539 411, 320 279, 107 372, 916 344, 502 Total cars 278, 213 217, 400 104, 272 125, 627 199, 443 95, 429 155, 554 Box _ cars 136, 959 98, 986 159, 147 171, 481 75, 799 136, 452 168, 172 Coal cars 92, 243 72, 613 Shortage (daily av. last week of month): None. None. None. 40 None. Total cars 79 76 None. None. Box cars None. None. None. None. 40 None. None. 11 None. 6 None. None. Coal cars Car loadings: Total cars.- 4, 245, 028 4, 413, 778 3, 570, 978 3, 767, 758 4, 807, 944 3, 590, 742 34,752,559 209, 556 Grain and grain products cars.. 242, 080 212, 988 187, 498 3 237, 497J 181, 968 188, 645 Livestock ._ cars 133, 599 138, 908 105, 684 121, 105 130, 057 3 143, 350| 117, 998 832, 480 940, 402 726, 250 3 869, 381 Coal and coke cars 857, 547 901, 232 857, 217 271, 115 3 343, 645 F ores t products . j cars 260, 103 275, 108 335, 479 218, 647 241, 036 151, 639 52, 069 57, 113 32, 394 3 42, 819 35, 671 Ore . cars.. 36, 973 1, 048, 664 1, 167, 683 974, 492 3 1,299, 148 Merchandise and 1. c. 1__ cars 915, 552 969, 391 1, 305, 042 1, 608, 987 1, 597, 528 1, 243, 595 1, 324, 797 1, 919, 000 1, 268, 936 3 1,816, 719 Miscellaneous _ cars -47.4 +27.6 +12.9 +14.6 -4.9 +39.2 +54.5 +34.6 +44.9 +1.2 11, 792, 196 612, 674 -10.3 401, 054 -15.5 -1.4 2, 348, 418 -2.4 847, 879 +33.4 108, 008 +0.5 3, 201, 347 +5.6 4, 272, 816 12, 146, 680 +3.0 583, 601 -4.7 344, 787 -14.0 2, 615, 996 +11.4 795, 162 -6.2 129, 757 +20.1 3, 189, 985 -0.4 4, 487, 392 +5.0 Railroad Operations Operating revenue: Freight . Passenger Total operating Operating expenses Net operating income Freight carried thous. of dolls thous of dolls thous of dolls thous. of dolls thous of dolls mills, ton-miles. * 415, 124 65, 156 531, 219 374, 154 113, 695 41, 965 367, 184 76, 523 495, 816 357, 570 94, 386 37, 645 366, 838 74, 987 487, 027 369, 340 77, 262 39, 104 362, 957 68, 247 475, 112 349, 684 84, 769 38, 129 59, 097 2,571 58, 758 2,562 58, 608 2,559 58, 508 2,557 4,671 15.1 68 313 41 7,931 13.6 132 420 59 8,161 14.0 111 236 28 35 20 1 44 36 4 97 26 152 104 31 21 3 346, 257 3 69, 547 3 456, 844 3 348, 698 3 69, 823 3 35, 723 387, 739 70, 466 505, 185 373, 305 90, 774 39, 467 58, 322 2,553 60, 598 2,596 60, 471 2,596 8,383 14.4 114 214 68 8,042 13.9 121 307 142 8,857 14.7 141 222 30 23 6 6 23 20 1 35 31 4 59 43 11 112 35 236 42 253 38 326 46 11 117 20 +28.9 +178. 6 +21.1 +130.0 282 238 27 4 278 251 21 18 339 301 20 13 488 419 24 22 204 146 40 6 178' 123; 337 +44.0 +174. 2 +39.2 +240.7 +20.0 -35.1 +69.2 -15.4 Railway Equipment Locomotive (Am. Ry. Assn.}: Owned, end of monthQuantity number Tractive power mills of Ibs In bad order, end of monthQuantity number Per cent of total in use per centInstalled .number Retired number New orders. number Shipments, manufacturers' (Census) — Total ..numberSteam, domestic number.. Electric, domestic . number Unfilled orders (railroads), end of mo.— From manufacturers number In railroad shops . number Unfilled orders, manufacturers' (Census)—Total number Steam, domestic _ . number Electric, domestic 1 ..number. . Exports, steam _ _ number. _ Shipments (qtly.), electric locomotivesMining number Industrial number. _ ' 2 Cumulative through Feb. 28. *169 ' *15 ' Revised. 4 1 180 <27 Quarter ending in month indicated. -0.3 -0.2 -3.6 -1.7 -4.1 -3.0 8,287 -3.5 +1.5 13.7 +6.1 -13.6 140 267 +43.5 +15.0 15 +108. 8 70 +52.2 44 +55.0 15 +300.0 26: 5 123' «io; -50.0 -29.5 -73.3 435 748 47 346 -20.5 757 +1.2 238 +406. 4 176 109 49 81 -54.0 AQ 7 57 11 -77.6 45 53 +17.8 +6.5 +46.3 +80.0 +170. 0 * Quarter ending Mar. 31, 1928. 42 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 27 to 138 of the February, 1929, "Survey" 1939 1938 1 November December January February March February March PER CENT INCREASE (+) OR DECREASE (— ) Mar., 1929, from Mar., 1928 Mar., 1929, from Feb., 1929 CUMULATIVE TOTAL FROM JAN. 1 THROUGH MAR. 31 1938 1939 Per ct. increase (+> or decrease ( _) cumulative 1929 from 1928 i TRANSPORTATION— Continued i Railway Equipment— Continued Freight cars (Am. Ry. Assn.) : Owned, end of month — -1.6 -0.1 Quantity cars 2, 287, 563 2, 282, 133 2, 275, 211 2, 271, 259 2, 267, 861 2, 306, 816 2, 303, 688 208, 505 210, 471 -0.9 209, 014 3 208, 718 210, 312 Capacity mills, of lbs._ 209, 826 209, 539 -0.1 In bad order, end of month138, 870 134, 267 144, 620 -0.1 139, 053 136, 319 139, 538 139, 698 -3.5 Quantity cars 6.2 6.2 6.2 +1.6 6.0 6.2 6.6 6.3 Per cent of total in use per cent_. -4.5 6,100 12, 452 11,068 5,876 New orders cars 4,668 14, 393 4,029 -23.1 +174. 7 Shipments444 +8.0 1,640 1,814 1,152 3,599 3,332 +212. 4 Total . cars 1,639 444 +9.4 3,281 +304.6 1,549 525 3,589 Domestic cars 1,327 887 Unfilled orders (railroads)— 41, 197 13, 850 28, 121 19, 748 22, 233 12, 671 40, 539 +1.6 +85.3 Total cars 35, 360 10, 271 17, 603 20, 648 10, 109 24, 109 35, 891 -1.5 +71.3 From manufacturers cars 3,579 2,562 4,012 5,837 2,145 1,585 +25.6 +268. 3 4,648 Jn railroad shops cars Passenger cars: 11 21 53 82 45 +152. 4 +17.8 2 228 New orders _ cars Shipments74 166 181 111 87 80J +8.8 90 -3.3 Total cars 166 87 72 50 150 90 109 Domestic cars -3.3 +174. 0 12, 003 37, 913 +215. 9 4,550 4,301 6,565 +44.3 5,001 +16.3 742 302 232 190 288 +24.1 286 +50.5 166, 273 16, 531 162, 124 -2.5 26,806 +62.2 2 39, 034 2 51, 850 2 35, 060 2 56, 666 2 10, 031 2 61, 936 35, 201 2 8, 824 -12.0 2 61, 155 -1.3 35, 467 +0.8 2 13, 356 2 5, 449 2 13, 450 2 5, 391 +0.7 -1.1 2 130, 593 2 32, 431 2 145, 822 2 37, 537 +11.7 +15.7 2 19, 741 2 24, 668 2 2, 365 2 21, 445 2 27, 193 2 3, 054 +8.6 +10.2 +29.1 2 383, 957 2 153, 310 2 397, 000 2 178, 000 +3.4 + 16.1 2, 404, 879 2, 361, 271 -1.8 -59.3 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 Trend of business in hotels: Room occupancy per ct of capacity Average sale per occupied room dollars 39, 517 4,875 40, 910 5,001 46,242 7,473 43, 505 10, 835 24, 805 23, 198 18, 357 18, 911 17, 806 23, 450 17, 254 33, 216 6,549 22, 380 9,441 8,264 25, 173 8,051 4,670 28, 808 9,513 4,154 32, 347 8,888 5,751 2,466 6,529 2,758 7,033 2,836 6,417 2,555 70 4.13 67 3.88 73 4.12 72 4.13 68.8 68.1 867.7 71, 213 17, 649 73, 585 13, 968 10, 623 13, 661 1,770 72, 377 8,498 57, 950 6,658 57, 732 3,194 20, 888 31, ,941 26, 270 34, 217 4,708 34, 810 8,971 4,931 29, 422 17, 334 6,393 2,563 6,131 2,625 71 4.08 68 3.90 68.6 68.7 69.9 74, 788 19, 821 71, 034 17, 716 64,567 15, 648 68, 120 17, 335 11, 386 14, 514 1,811 11, 180 14, 133 1,658 10, 265 13, 060 " 1,396 9,785 12, 201 1,228 10,904 13, 573 2,009 198, 033 81,364 202, 000 91, 000 203, 000 92,000 194, 000 86,000 187, 384 74, 297 187, 727 72, 811 759, 254 8.137 796, 280 8.179 799, 843 8.198 741, 023 8.202 769, 974 8.033 820, 73a 8.033 7,751 2,788 4,963 3 7, 912 2,762 3 5, 140 8, 240 3 2, 698 3 5, 542 7,444 2,450 4,994 6,871 2,585 4,287 7,246 2,860 4,386 373 7,378 407 3 7, 505 437 3 7, 803 383 7,061 468 6,403 479 6, 767 3 1, 442 3 1, 417 137 3 1, 441 1,413 123 1,507 1,478 114 1,340 1,316 111 3 1, 282 3 1, 264 123 133.3 126.0 145.7 138.9 127.6 156.7 127.3 120.2 133.8 126.8 121.2 124.0 132.5 127.6 138.8 126.7 120.5 131.9 140.4 132.8 149.5 130.7 137.7 140.8 135.7 130.8 141.9 130.5 125.4 127.7 125.2 127.7 126.6 134.8 116.7 118.2 116.9 122.3 114.2 115.4 110.4 rel to 1923-25 133.3 127.3 132.5 140.4 135.7 127.7 118.2 rel to 1923-25 135.7 132.8 129.2 138.7 133.0 129.1 126.8 -4.1 +4.9 rel. to 1923-25. _ 130.0 113.7 128.0 2 Cumulative through Feb. 28. 127.5 122.2 115.6 108.4 -4.2 +12.7 17, 066 69 3.98 +66.4 +25.4 -21.6 +166. 1 15 +92.0 -10.2 +9.3 +1.5 +2.1 4 2 -3.6 Warehouses Public merchandise warehouses, space occupied per ct of total PUBLIC UTILITIES Telephone companies: Operating revenue thous of dolls Operating income thous. of dolls Telegraph companies: Commercial telegraph tolls. thous. of dolls _. Operating revenues thous. of dolls__ Operating income thous of dolls Gas and electric companies: Gross earnings thous of dolls Net earnings. _ thous. of dolls Electric railways (212 companies) : Passengers carried thous. of persons. _ Average fare _ _ _ . _ cents •"" 820, 405 I 0.0 +10.7 ELECTRIC POWER Electric power production: United StatesTotal-, mills, of kw. hours By water power mills of kw hours By fuels mills, of kw. hours In street railways, manfg. plants, etc. _mills. of kw. hours In central stations-mills, of kw. hours. _ CanadaTotal mills, of kw. hours.. By water power___ mills, of kw. hours.. Exported .mills, of kw. hours Consumption of electrical power: By geographic divisionsUnited States rel to 1923-25 New England rel. to 1923-25 North Central rel to 1923-25 Middle Atlantic rel. ot 1923-25 Southern rel to 1923-25 Western _ . rel to 1923 25 All industry Chemicals and allied products Food and kindred products 3 2 i 2 2 3 2 14, 136 2 5, 324 2 8, 813 1, 066 13, 070 2820 : - 2i 4>864 ! 2 2 2, 608 2 2, 570 2247 1 343 3 1, 325 136 -3.3 +14.8 +11.9 -1.5 -5.1 +16.0 -0.2 i +14.3 +8.7 -8.9 +14.8 3 Revised. 15, 684 5, 148 10, 536 2 2 2 j 2, 847 2, 794 2225 +11.0 — 3. 3 +19.6 -23.1 +13.7 +9.2 +8.7 -8.9 43 TREND OF BUSINESS MOVEMENTS—Continued 1£>38 The curnulatives shown are through March, except where otherwise noted. Earlier data for items shown here may be found on pages 27 to 138 of the February, 1929, "Survey" November December January February PER CENT INCREASE (+) OR DECREASE (— ) 1938 1939 March February March Mar., 1929, from Feb., 1929 Mar., 1929, from Mar., 1928 Per ct. increase (+) or decrease (-) cumulative 1929 from 1928 CUMULATIVE TOTAL FROM JAN. 1 THROUGH MAR. 31 1938 1939 ELECTRIC POWEB— Continued Consumption of electric power — Continued. By geographic divisions— Continued. By industry— Continued. Kolling mills and steel plants rel. to 1923-25.. Metal working plants.. rel. to 1923-25.. Metal groups . _ rel. to 1923-25 Leather and its products rel. to 1923-25 Lumber and its products . rel. to 1923-25 Paper and pulp rel. to 1923-25. _ Rubber and its products. rel. to 1923~25__ Shipbuilding rel. to 1923-25.. Stone, clay and glass... rel. to 1923-25. _ Textiles rel. ro 1923-25 Automobiles, including repair parts rel. to 1923-25. _ Electric power, gross re venue ..thous. of dolls. _ 148.8 140. 5 143.5 142.2 137.5 139.2 153.5 135.8 142.6 163.3 153.7 157. 3 160.3 151.4 154.9 133.8 127.6 130.7 124.5 117.4 121.0 -1.8 -1.5 15 +28.8 +29.0 +28.0 94.0 93.7 94.3 102.1 93.4 118.4 107.0 -8.5 -12.7 111.8 135.2 107.3 127.4 107.4 126.2 107. 6 125.2 104.2 129.2 113.3 124.2 106.0 120.2 -3.2 +3.2 —1 7 +7 5 143.8 102.2 149. 1 132.5 124.8 91.8 136.6 126.3 148.2 108.2 137.4 129.4 154.7 95.5 148.7 133.0 155.8 99.7 138.0 126.6 137.0 98.8 127.3 127.5 126.2 75.4 121.1 114.9 +0.7 +4.4 -7.2 -4.8 +23 5 +32.2 +14.0 +10 2 127.1 174, 800 130.0 177, 600 149.4 184, 400 161.5 174, 900 154.9 148.7 162, 300 136.2 157. 300 -4.1 +13.7 78.1 84.8 97 81 75 121.8 85.7 87.2 94.2 108 117.9 40, 707 469, 125 32, 618 79.4 87.1 98 84 77 124.4 88.9 89.1 97.2 112 123.6 42, 143 482, 252 32, 207 79.9 88.7 99 84 76 125.2 90.9 90.9 83.3 83.5 91 82 74 119.0 87.4 82.7 92.1 102 105.9 36, 111 462, 060 24, 251 82.1 83.9 90 82! 74 121.0 88.9 83. 7i 92 6 104 107. 8 36, 883; 464, 162 24, 492 +0.6 +1.8 +1.0 0.0 -1.3 +0.6 +2.2 +2.0 -2.7 +5.7 +10.0 +2.4 +2.7 +3.5 +2.2 +8.6 +6.9 -0.2 +2.6 +1.8 +0.8 +8.7 +14.5 +17 2 +5.8 +32.6 13, 938 884 96.1 92.5 108 82 79 14, 465 881 110.0 96.0 111 90 83 14, 897 871 13, 760! 634' 106. 7j 91.3! 99; +3.0 -1.1 +8.3 +37.4 98.8 112 91 83 13, 477 719 99.1 89.4 100 85 76 +2.9 +0.9 +1.1 0.0 +8.2 +13.1 +7.1 +6.4 109.1 89.3 110.5 88.1 111.4 100. 6 102.0 76.2 +0.8 +14.2 +8.6 +13 3 85.0 93.7 85.0 93.2 102.6 88. 8[ 1 86.0 81.8 93.0 +1.2 +4.9 93. 5: 107.5 109.9 107.3 104.3 99.2 77.5 107.7 88.5 112.3, 86.1! -7.5 -25.7 -11.7 -10.0 62, 257 62, 388 62, 926 60, 999 61, 049 +0.9 +3.1 28.72 29.71 24.45 27.09 225.8 238.1 112 102 104 106.1 102.0 28.42 29.99 27.15 27.36 231.7 240.3 114 108 106 105.0 113.3 28.93 29.16 25.80 29.65 234.7 233.7 110 104 102 106.9 107.6 28.48 29. 64 27.62 25.84 235. 6 237. 5' 110 104 104 105.2 115.2. +1.2 +2.4 -2.0 +0.9 +1.2 0.0 +0.9 +1.9 +3.8 -0.8 +2.4 +3.6 +4.8 +3.8 27.78 30.51 31.97 25.07 17.16 28.93 31.63 33.08 26.08 17.82 27.35 30.32 31.70 25.25 17.39 27. 59' 30.60 32. 11 25.05 17. 34 i — 49.7 48.5 49.7 49.5 49.6 48.0 50.0 48.2, 52 45 23 26 31 45 38 44 52 36 50 125. 51 49 49 22 27 30 46 42 42 52 37 50 125.5 52 47 22 26 28 41 39 43 54 38 50 125.5 48 23 28 28 41 37 42 52 38 50 125.5 EMPLOYMENT AND WAGES Employment in factories: Massachusetts rel. to 1919-23. 79.3 78.9 New York State rel. to 1923. _ 85.8 85.3 New Jersey rel. to 1923. 97 98 Pennsvlvania rel. to 1923.. 82 80 Delaware . rel. to 1923 74 75 Iowa rel. to 1923 125.3 124.8 Maryland rel. to 1924 88.0 87.7 Illinois rel to 1923 87.3 88.1 Wisconsin rel. to 1923. _ 95.7 94.8 Ohio rel. to 1923. 110 109 Cleveland rel. to Jan., 19211. . 113.2 114.4 Milwaukee . _ number 38, 179 38, 995 New York State number-- 475, 043 472, 054 Oklahoma number 31,794 32, 885 Total payroll: New York State (weekly) .thous. of dolls. _ 14, 094 14, 217 Oklahoma (weekly) thous. of dolls.. 864 882 Wisconsin ...rel. to 1923.. 107.3 100.5 New York State .. . rel. to 1923. 93.5 94.3 New Jersey rel to 1923 107 110 Pennsylvania rel. to 1923 85 85 Delaware ..rel. to 1923.. 77 82 Employment, Canada.. _.rel. to calendar year 1926^. . 118.9 116. 7! Ohio construction rel. to 1923 128.1 108.7 Employment, trade-unions: United States.. per cent of total.. 90.0 87.0 Canada per cent of total.. 95.8 93.4 Anthracite mines: Employment rel. to 1923-25.. 114.6 107.2 Pay roll . rel. to 1923-25 106.8 90.7 Federal civilian employees, Washington, D. C., end month number.. 62, 244 62, 140 Average weekly earnings, factories: Illinois— dolls.. 28.38 29.55 New York State. dolls 29.67 30.12 Wisconsin. _ ..dolls 26.87 25.40 Oklahoma dolls 27.10 26.52 Massachusetts rel. to 1914.. 225.6 229.9 New York rel. to 1914.. 237.7 241. 3 New Jersey . rel. to 1923 111 113 Pennsylvania rel. to 1923.. 104 105 Delaware rel. to 3923 •103 108 Illinois rel. to 1923.. 104.8 109.2 Wisconsin rel. to 1923 . 112.1 106.0 Average weekly earnings (National Industrial Conference Board) : Grand total (both sexes) ,. dollars . 27.42 27.73 Total male.. .... . .dollars 29.75 30.06 Skilled male dollars. . 31.21 31.47 Unskilled male _. dollars 24.34 24.76 Total women _. _ dollars.. 17.16 17.24 Average weekly hours: Nominal (both sexes) __ hours.. 49.6 49.6 Actual (both sexes) ..hours.. 47.8 48.5 Wages, road labor, by districts: New England cents per hour 50 51 Middle Atlantic cents per hour 41 44 South Atlantic cents per hour.. 27 28 East South Central cents per hour.. 27 26 West South Central. _ cents per hour 31 30 East North Central cents per hour 40 41 West North Central cents per hour 40 38 Mountain . cents per hour 42 46 Pacific . cents per hour 53 53 United States, average cents per hour42 39 Wage rates, U. S. Steel Corp. .cents per hour.. 50 50 Wages, steel sheet workers... per cent of base.. 125.5 125. 51 1 See tables on p. 22 of the April, 1929, issue for earlier data. 113 123.4 43, 226 490, 879 32, 471 30.35 26.81 233.8 243.2 114 109 108 51 44 23 27 33 42 37 43 52 37 50 125.5 85 ! 78 82. o: 51 : __ +4.1 -10.2 +4.5 0.0 +10.0 -8.7 -11.9 +2.4 0.0 0.0 0.0 0.0 0.0 8 3^ 0.0 —3. 6; +17. 9! +2.4 0.0 +2.4 0.0 -2.6! 0.0! 0.0 i . • :~::::::::::::ii::::::: 44; 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 27 to 138 of the February, 1929, "Survey'' November 1929 December January February PER CENT INCREASE (+) OR DECREASE (— ) 1928 March February March Mar., 1929, from Feb., 1929 Mar., 1929, from Mar., 1928 CUMULATIVE TOTAL FROM JAN. 1 THROUGH j MAR. 31 1928 1929 Perct. increase ( -y or decrease (-) cumu lative 1929 from 1928 EMPLOYMENT AND WAGES— Contd. Applicants per 100 jobs, employment agencies: United States number Eastern States number Central States number Southern States number Western States number Illinois* number Wisconsin* number Canada number 134 142 125 153 71 144 140 143 156 154 164 283 80 182 138 154 153 152 164 267 81 169 142 146 142 144 153: 215 76 175 208 189 222 75 208 173 146 154 17l! 166 264' 65 173 161 137| Factory Labor Turnover (Percentage of number on pay roll) Departures: 36.2 29.2 35.3 Total per cent (annual basis) 20.1 26.7 25.6 Voluntary quits. .per cent (annual basis) __ 4.2 4.8 4.7 Lay offs per cent (annual basis) 5.3 4.4 4.9 Discharges per cent (annual basis) 58.6 38. l| 50.1 Accessions per cent (annual basis) Industrial disputes: 342 336 39 Disputes number 38, 553 3 36, 196 3 39, 956 Workers involved number JVTan-days lost in month number 1, 295, 134 1, 001, 414 a 958, 839 341.7 331.0 34.7 36.0 356.9 49.6 36.5 6.1 7.0 58.2 28.2 14.7 7.9 4.7 32.0 31.8' 19.5 8.1 4.2, 36. 5. DISTRIBUTION MOVEMENT Retail Sales Mail-order houses: Total sales, 2 houses thous. of dolls.. Sears, Roebuck & Co thous. of dolls.. Montgomery Ward & Co_.thous. of dolls.. Ten-cent chain stores: Total sales (4 chains) thous. of dolls __ F. W. Woolworth & Co... thous. of dolls.. S. S. Kresge Co thous. of dolls . McCrory Stores Corp thous. of dolls.. S. H. Kress & Co thous. of dolls. Metropolitan thous. of dolls.. 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 J. C. Penny Co thous. of dolls__ Stores operated number G. C. Murphy Co thous. of dolls_. Stores operated number Installment sales in New England dept stores' ratio to total sales per cent Advertising Magazine advertising thous. of lines.. Newspaper advertising thous. of lines.. National advertising in newspapers: Total thous. of lines. _ Passenger cars. thous. of lines Tires, trucks, and accessories.. thous. of lines _ Financial _ thous. of lines Building materials thous. of lines Electrical appliances supplies thous, of lines Foods and beverages... _ .thous. of lines Heating and plumbing equipment thous. of lines Medical ._ __ _ _ _ thous. of lines Radio thous . of lines. _ Tobacco thous. of lines Toilet requisites thous. of lines Transportation ._ thous. of lines. _ All other thous of lines 100 146 146 193 69 144 138 135 117,644 72, 068 45, 576 147, 209 +25.1 87, 808 +21.8 59, 401 +30.3 40, 447 35, 358 18, 992 3 21, 840 10, 855 9,320 2,870 ' 33,122 4,630 4,176 912 752 1,128 901 64 63 3 3, 706 2,843 161 158 +26.9 +26.6 +28.6 +31.2 +21.8 +28.9 +45.7 0.0 +46.2 +0.5 +14.1 +12.3 +15.8 +19.4 +14.6 +24.8 +51.8 +29.7 +38.7 +37.9 107, 700 57, 940 28, 833 8,361 12, 566 2, 356 2,829 115, 993 +7.7 61, 560 +6.2 31, 360 +8.8 9,264 +10.8 13, 809 +9.9 2,819 +19.7 3,983 +40.8 9,173 11,985 +30.7 4,512 368 12, 258 2,188 1,164 4,785 368 13, 003 2, 286 1, 245 +12.5 -0.3 +12.8 +12.4 +11.9 +5.1 +1.1 +1.3 +3.0 +3.1 14, 105 14,204 +0.7 6,820 3,644 6,634 3,655 -2.7 +0.3 1,160 1,261 +13.0 +10.1 3,648 3,915 +7.3 47,400 29, 271 18, 129 46, 396 27, 741 18, 655 53,413 30, 796i 22, 6171 38, 392 23, 842 14, 550 46, 799 24, 660 13, 034 3,444 5,661 1,271 1,719 81 5,515 207 89, 445 45, 439 24, 844 7,216 11,946 2,774 3,388 82 10, 328 213 33, 512 17, 658 9,019 2,692 4,143 798 1,096 83 3,328 218 36, 349 19, 374 9,774 2,843 4,358 883 1,175 83 3,516 221 46, 132 24, 528 12, 567| 3,729 5,308 1,138 1, 712 4,617 369 12, 512 2,160 1,207 4,987 371 13, 442 2,369 1,255 3 4, 707 3 375 3 12, 552 2,184 1,224 3 4, 470 3373 3 11, 984 2,095 1,147 5,027 372 13,513 2, 355 1,284 1,250 1,363 3 1, 299 31,228 1,388 2, 845 110, 012 +56.0 +87.2 -24.7 +66.7 +59.5 +15.1 +27.8 +11.0 +28.4 +21.2 +27.1 74, 386 42, 434i 31, 952 632 31 19, 301 1,021 1,132 130 +18.9 +17.7 +29.8 +16.7 +2.3 63 61 78, 362 104, 883 2, 155, 559 2, 343, 415 61, 628 36, 172 25, 456 5,141 222 41, 787 23, 986 17, 801 +39.5 0.0 +70.4 +5.5 +31.8 +0.7 +28.1 +39.1 +16.9 +16.2 +52.2 +26. 1 1, 180 1,421 +20.4 29, 800 33, 030 +10.8 2,059 2,923 +42.0 +17.2 +24.1 +9.1 +7.4 6,854 286, 509 7,424 299, 737 +8.3 +4.6 +15. +22. 105, 331 19, 568 122, 190 +16.0 20, 668 +5.6 +14. +11. -6. 6,144 17, 952 987 8,743 +42.3 20, 104 +12.0 967 -2.0 736 6,535 +566. 4 +99. +394. 2 +9. 1,353 11, 451 2,148 +58.8 12. 660 +10.6 105 1,563 436 1,133 j 678 1 468 | 1,978 352 5, 893 1,210 5,081 3, 345 1, 936 4,872 +328. 9 +314. 7 +210. 4 +229. 8 +291.0 +338. 6 +214. 0 +64. +11. +79. -23. +6. +19. +39. 706 13, 815 3,231 8,724 5,938 4,592 10, 871 1,127 16, 134 5,307 7,772 7,193 5,124 14, 243 +59.6 +16.8 +64.3 -10.9 +21.1 +11.6 +31.0 34, 375 3,537 30, 547 3,482 34, 280 3,670 +14.6 +6.3 +0. -3. 95, 406 10, 590 95, 983 10, 329 +0.6 -2.5 10, 377 77, 387 12, 624 93, 937 10, 645 78, 887 12, 356 92, 750 +21.7 +21.4 33, 469 249, 857 33, 968 254, 478 +1.5 +1.8 3,480 34, 621 433. 941 3,959 38, 840 3,34C 33, 077 153, 363 1 3,764 36, 739 173, 929 +13.8 +12.2 +2. +1. +5.2 +5.7 388 23 8,911 915 673 113 480 23 3 13, 160 3931 788 111 8.2 6.3 1,305 31 25, 104 1,023 2,450 133 365 31 8,621 1,023 814 140 441 32 9,028 1,026 910 139 6.2 10.4 10 2 2,580 105, 516 2,093 97, 443 2,454 90, 261 2,877 112, 033 52, 326 9,751 13, 731 1,689 56, 133 9,228 12, 401 1,628 48, 664 +308. 8 7,542 +446. 4 4,229 9,736 284 733 2,357 83 3,781 8,011 630 562 2,269 3,315 +415. 8 7,206 +239. 9 642 +622. 9 462 4,021 220 1,454 1,466 7,185 173 1, 335 413 7,996 2,430 2,709 2,705 2,291 5,300 135 1,581 701 1,178 914 526 2,160 579 6, 557 2,176 3,885 3,574 2,307 6,783 29, 993 3,326 Postal Business Postal receipts: 39, 972 31,615 31, 713 50 selected cities _ thous. of dolls 3,202 4,331 3,466 50 industrial cities thous of dolls Money orders: Domestic paid (50 cities)— 11,59 12, 841 10, 967 Quantity thousands 83, 154 94,19 100, 025 Value - _ thous. of dolls Domestic issued (50 cities) — 3,626 3,950 3,480 Quantity . thousands 36, 02£ 39,046 35,71 Value thous of dolls 541. 561 1 488, 70S 424. 46 Air mail, weight disoatched Dounds. fe See tables on p. 22 of the April, 1929, issue for earlier data. 50 43, 010 914, 576 -7.2 -7.8 -5.3 -15.8 -6.7 -7.8 -19.5 -18.6' -6.2 +16.9 615 15, 381 1,082 1,199 3 2, 638 2,264 88, 040 3 104, 313 2 Cumulative through Feb. 28. 10, 520 93, 933 2 297, 652 3 Revised. 11, 065 +5.2 109, 486 +16.6 2 922, 650 +210. 0 45 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 27 to 138 of the February, 1929, "Survey" November 1939 December January February 1938 March February March Per ct. inCUMULATIVE TOTAL PER CENT INCREASE (+) OR FROM JAN. 1 THROUGH crease (+) MAR. 31 DECREASE (— ) or decrease (-) Mar., Mar., cumu1929, 1929, lative 1939 from from 1938 1929 Feb., Mar., from 1929 1928 1928 BANKING AND FINANCE Life Insurance (Association of Life Insurance Presidents) Policies, new (45 companies) : Ordinary. ._ number of policies. _ 257, 589 289, 606 Industrial. _ . .number of policies. _ 782, 026 951, 002 203 Group . number of contracts.. 510 Total number of policies and contracts. _ 1, 039, 818 1, 241, 118 Policies and certificates issued: Total policies and certificates number. _ 1, 081, 973 1, 368, 904 Group insurance certificates _. certificates. . 42, 358 128, 296 Amount of new insurance (45 companies) : Ordinary thous of dolls 667, 633 810, 127 Industrial thous of dolls 202, 948 246, 045 Group . . thous. of dolls 53, 569 224, 330 Total insurance thous of dolls 924, 150 1, 280. 502 Premium collections (45 companies): Ordinary thous. of dolls.. 155, 032 181, 752 49, 154 96, 864 Industrial thous of dolls 6,577 Group ._ thous. of dolls 7,078 285, 694 Total thous of dolls 210, 763 Admitted life insurance assets (41 companies) : 12, 742 Grand total mills of dolls 12, 889 Mortgage loans — 5,517 Total mills of dolls 5,580 1,603 Farm mills of dolls 1,606 3,914 All other mills of dolls 3,974 Bonds and stocks (book value): Total mills, of dolls - 4,816 4,867 949 Government mills of dolls 957 2,437 Railroad mills, of dolls 2,448 Public utility mills of dolls 1,180 1,203 All other mills, of dolls 250 259 Policy loans and premium notes mills of dolls 1,523 1,539 214, 195 3 260, 349 292, 232 220, 823 238, 684 891, 644 1, 045, 058 846, 795 1, 049, 955 1, 051, 983 175 202 139 180 154 1, 272, 960 1, 130, 467 1, 337, 470 1, 061, 165 3 1,310, 506 +22.4 +12.2 +17.2 -0.5 +29.5 -10.9 +18.3 +2.1 660, 570 2, 798, 536 502 3, 459, 608 751, 739 +13.8 2, 988, 685 +6.8 473 -5.8 3, 740, 897 +8.1 1, 330, 727 1, 157, 187 1, 373, 276 1, 114, 740 31,346,092 35, 986 53, 800 35, 788 57, 921 26/859 +18.7 +34.0 +2.0 +0.6 3, 575, 102 115, 996 3, 861, 190 120, 766 655, 406 781, 122 221, 949 273, 551 i 91, 505 57, 986; 968, 860 1, 112, 659 +6.3 +21.4 +19.1 +0.5 +10.6 +11.8 +20.2 +5.1 2, 016, 990 731, 803 196, 332 2, 945, 125 2, 173, 750 +7.8 771, 600 +5.4 222, 057 +13.1 3, 167, 407 +7.5 154, 292 48, 193 17, 623 220, 108 168, 961 51, 013 6, 465' 226, 439; +9.3 +4.0 +8.1 +10.1 -57.4 +16.2 +3.9 +5.7 472, 200 153, 770 31, 706 657, 676 +20.4 +7.7 +20.0 +12.2 +18.8 +11.8 +21.9 -4.1 +21.8 +0.7 +22.4 +6.3 +4.1 +10.2 2, 172, 623 924, 025 475, 763 322, 759 246, 826 203, 250 132, 682 2, 350, 298 +8.2 1, 012, 081 +9.5 543, 075 +14.1 322, 994 +0.1 250, 329 +1.4 221, 819 +9.1 147, 424 +11.1 115, 410 72, 603 5,348 156, 433 +35.5 80, 772 +11.3 5,789 +8.2 659, 843 265, 998 98, 637 1, 024, 478 830, 244 683, 663 274, 824 230, 778 64, 813 58, 607 973, 048 1, 169, 881 175, 645 56, 159 7,515 239, 319 160, 867 53,806 8,938 223, 611 160, 630 51, 956 17, 660 230, 246 12, 982 13, 071 11, 796 11, 893| 5,619 1,604 4,015 5,642 1,601 4,041 5,129 1,613 3,516 5, 153 1, 604J 3, 549; 4,912 979 2,452 1,219 262 4,951 986 2,462 1,231 272 4,454 939 2,329 1,017 169 4,506 939 2,345 1,050 172 1,554 1,569 1,396 1,412 709,452 305, 721 161, 832 100, 769 72, 892 68, 238 50, 575 744, 513 321, 051 174, 226 100, 163 80, 016 69, 057 47, 443 731, 145 318, 664 160, 185 104,811 81, 213 66, 272 40, 290 832, 250 343, 463 185, 240 127, 286 96, 766 79, 495 44, 823 497, 142 161, 921 34, 113 693, 176 +8.0 +4.1 +5.3 +5.3 +7.6 +5.4 (Life Insurance Sales Research Bureau) Sales of ordinary life insurance (81 companies) : United States total thous. of dolls.. Eastern rnanuf. 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. _ 722, 495 296, 968 167, 479 104, 294 81, 768 71, 986 54, 865 886, 048 352, 806 199, 625 132, 957 108, 046 92, 614 56, 647 896, 333 385, 309 207, 017 122, 062 97, 421 84, 524 49, 406 (Life Insurance Lapses') Total ._ . . New England Middle Atlantic East No. Central . _ West No. Central South Atlantic . , _ East So. Central West So. Central .. Mountain. ., _ _ Pacific i 4 4 4 4 4 rel. to 1925-26 rel. to 1925-26.. rel. to 1925-26 rel. to 1925-26 rel. to 1925-26 rel. to 1925-26. _rel. to 1925-26.. rel. to 1925-26 .rel. to 1925-26. rel. to 1925-26.. 97 101 100 4 98 4 94 4 107 4 107 4 91 4 93 4 94 86 91 85 87 88 4 95 4 92 4 81 4 88 <86 4 4 590 589! 599 -11.3 -9.9 -15.0 -11.2 -6.4 -11.2 -14.0 -11.0 -5.4 -8.5 -8.5 -1.1 11 5 -11.2 +1.1 -2.1 +1.1 -10.0 -1.1 | -13.1 +19.7 +14.8 +12.7 +23.8 +8.8 +7.2 594 592 5961 598) 587 597 591 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 Reserve ratio _ __ .per centFederal reserve member banks: Total loans and discounts -.mills, of dolls. . Total investments mills, of dolls.. Net demand deposits mills, of doils Brokers' loans, end of month: To N. Y. Stock Ex. membersTotal . mills, of dolls Ratio to market value per cent.. By New York F. R. member banks.. mills, of dolls Interest rates: Time loans, 90 days per cent Call loans, renewal percent Prime com. paper (4-6 mos,) per cent._ Prime bankers' acceptances ...per cent.. N. Y. Fed. Res. Bank (redisc.).. per cent.. Federal land banks per cent.. Intermediate credit banks per cent Deposits, New York State savings banks, end of month mills, of dolls. _ 3 Revised. 45, 469 25, 880 2,376 52, 727 29, 659 2,121 54, 719 28, 123 2,124 46, 289 24, 515 1,723 55, 425 28, 131 1,942 32, 740 21, 755 1,665 44, 786 25, 847 1,812 990 1,766 716 2,722 2,411 65.2 1,151 1,829 738 2,719 2,564 61.9 821 1,645 646 2,835 2,437 69.4 952 1,654 511 2,844 2,413 69.9 1,030 1,664 351 2,893 2,382 71.5 493 1,588 752 2,974 2,426 74.1 524 1,567 733 2,931 2,404 73.8 16, 260 6,375 13, 460 16, 963 6,376 14, 041 16, 121 6,053 13, 395 16, 366 5,972 13, 308 16, 583 5,976 13, 157 15, 143 6,558 13, 716 15, 442 6,627 13, 523 6,392 9.66 6,440 9.54 6.735 9.48 6,679 9 29 6,804 9.75 4,323 8.91 4,640 8.86 +1.9 +46.6 +5.0 +10.0 5,290 5,330 5,559 5,507 5,562 3,722 3, 825 +1.0 +45.4 6.93 6.67 5.38 4.50 5.00 5.04 5.31 7.38 8.60 5.38 4.50 5.00 5.04 5.33 7.75 7.05 5.38 4.88 5.00 5.05 5.33 7.63 7.06 5.50 5.13 5.00 5.06 5.33 7.88 9.10 5.88 5.38 5.00 5.09 5.36 4.56 4.38 4.00 3.50 4.00 5.06 4.51 4.63 4.47 4.13 3.50 4.00 5.06 4.52 +3.3 +28.9 +6.9 +4.9 0.0 +0.6 +0.6 +70.2 +103. 6 +42.4 +53. 7 +25.0 +0.6 +18.6 4, 406 4,334 4,423 4,410 " 4 (Quarter enc]ing in moi ith indicat ed. 4,204 +8.2 +96.6 +0.6 +6.2 -31.3 -52.1 -1.3 +1.7 -1.3 -0.9 +2.3 —3. 1 +1.3 +0.1 -1.1 +7.4 -9.8 -2.7 4,252 5 Quai^ter ending Mar 1, 1928. 46 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 27 to 138 of the February, 1929, "Survey" November 1939 December January February March February Per ct. increase (+) or decrease (-) cumulative 1929 from 1928 PER CENT INCUMULATIVE TOTAL CREASE (+) OR 1 FROM JAN. 1 THROUGH DECREASE (— ) MAR. 31 1938 March Mar., 1929, from Feb., 1929 Mar., 1929, from Mar., 1928 1938 1939 BANKING AND FINANCE— Continued Public Finance 17, 493 48, 436 145, 156 17, 310 45, 803 649, 105 17, 379 45, 549 163, 889 17, 345 48, 651 158, 794 17, 237 55, 200 736, 816 17, 951 42, 13C 228, US 17, 937 -o. e —3. 48, 277 +13. £ +14. 641, 626 +364. C +14. 213, 629 384, 019 371, 595 185, 494 273, 865 173, 283 248, 258 +47.6 4,860 5,008 4,748 4,686 4,709 4,709 4,710 +0.5 77, 220 859, 761 68, 042 876, 452 55, 651 815 284 57, 765 866, 000 72, 119 816, 133 67, 872 877, 380 +3.8 +6.2 4,142 24, 950 1,636 4,115 48, 577 1,378 4,143 26, 913 1,425 4,166 26, 470 1,635 4,373 14, 686 25, 806 4,335 2,683 97, 536 5,273 1,815 5,023 1,747 33 4, 776 1, 124 4,820 1,569 4,490 1, 272 5,333 1,469 1,011 1,011 5,120 8,489 .573 595 334 8,260 8,264 .570 642 684 4,458 6,595 .562 1,374 414 6,433 7,814 .563 170 547 4,658 7,479 .570 461 +114. 0 +198.0 803 -39. i -48.4 5,134 +44.3 +25.3 7,405 +18.5 +5.5 +0.2 -1.6 .572 40, 601 40, 774 53, 877 34, 036 36, 356 45, 071 54, 814 147, 519 124, 269! -15.8 15, 446 17, 224 7,932 17, 783 18, 933 4,059 4 43, 085 3,065 16, 690 32, 024 5,164 11,891 17, 891 4,255 12, 751 24, 952 7,367 +26.2 -3.9 —2 1 -12.9 -71.1 -26.5 -34.4 -49.3 +1.9 -89.7 43, 5821 -9.3 67, 105 -13.5 13, 584 -38.0 ~~2~ 443 20, 412 26, 186 8,216 fi 36, 802 6,866 48, 034 77, 584 21, 901 ~2~241 15, 001 17, 190 4,165 < 37, 509 14, 127 5,391 -61.8 1,943 498 1,324 121 <116 214 2,535 614 1,769 152 1,965 478 1,378 109 +1 1 +7.1 -2.1 +15.6 -30.2 +2.8 — 11 1 -6.2 -13.9 +1.6 —25 7 +21. 2 7,055 1,567 5,093 395 6, 487' -8.1 1, 604i +2.4 4, 496! -11.7 387; -2.0 185 2,236 546 1,566 124 M09 151 571 546 -4.4 0.0 -4.8 42 65 +11.1 -7.7 93 +17.0 +10.8 12 +100.0 0.0 13 -33.3 -23.1 43 +12.8 +2.3 -31.2 16 +10.0 202 30 69 107 13 11 46 8 6 6 202 110 189 283! 29 50 130 451 24 28! 716 -1.8 -2.1 +18.4 +16.0 +19.0 -3.0 +2.3 +26.3 -3.4 -1.9 100 412 200 157 62 14 257 thous. of dolls.. -thous. of dolls thous. of dolls -thous. of dolls thous. of dolls. _ -thous. of dolls Government debt, gross, end mo.mills. of dolls.. Customs receipts thous. of dolls Total ordinary receipts thous. of dolls Expenditures chargeable to ordinary receipts thous. of dolls. . U. S. money in circulation: Daily average mills, of dolls.. Gold and Silver Gold: Domestic receipts at mint fine ounces.. 102, 893 872, 484 Rand output fine ounces Monetary stock of U. S.— 4,151 daily average mills, of dolls.. 29, 591 Imports thous. of dolls,. 22, 916 Exports -- thous. of dolls Silver: Production4,756 United States .thous. of fine oz_ 1,459 Canada thous. of fineoz.. Stocks, end of month— 905 United States thous. of fine oz._ 346 Canada thous. of fine oz_. 5,448 Imports thous. of dolls.. 7,674 Exports thous. of dolls __ .580 Price at New York dolls, perfineo z _ _ Business Failures Liabilities: Total commercial thous. of dolls.. Manufacturing establishments thous. of dolls.. Trade establishments thous. of dolls__ Agents and brokers thous. of dolls Banks (quarterly) thous. of dolls. _ Liabilities (Canada) thous. of dolls ~ Firms: Total commercial -. number Manufacturing establishments.. .number. _ Trade establishments . . . . number Agents and brokers number.. Banks (quarterly) number Firms (Canada) number By groups: ManufacturersMetals number.. Textiles number Lumber number Chemicals number. Printing and engraving number Foodstuffs number Leather, etc number Liquors and tobacco number Stone, clay, and glass. numberAll other .. - . number TradersGeneral stores number Foods and tobacco number Clothing number. Household furniture number Chemicals and paints number-Books and paper number. All other number 3," 287 1,838 519 1, 202 117 707: "~~4~6l2 +10. 132, 382 1, 038, 584 149, 400 +12.9 1, 059, 499 +2.0 770, 683 830, 954 -14.9 -1.3 213, 615 2, 537, 370 181, 458 2, 557, 736 +0.6 -3.9 -1.6 +886. 6 +14.7 -98.3 55, 689 175, 428 +0.9 +39.6 +6.8 +7.8 0. -9.6 +6.8 -33.7 14, 803 4,174 16, 097 21, 576 -15.1 +0.8 101, 960 +83.1 4,438 -97.5 5,619 2,440 62 0 -41.5 19, 151 +19.0 22, 673 ( +5.1 I 2,176 468 1,581 127 178 1, 987j 512 1,349 126 <81 183 30 75 92 11 25 47 24 9 15 286 40 54 88 6 15 39 ' 10 7 4 215 40 60 103 12 10 44 11 8 9 215 35 54 65 10 8 48 14 5 9 220 10 +125. 0 0.0 245 +14.3 +14.3 -10.0 -12.2 112 193 239 25 42 134 44 19 29 730 104 441 250 219 65 5 2401 116 499 351 374 66 17 346 111 424 246 266 51 13 267 101 429 233 257 69 9 251 101 423 356 303 86 10 302 103 440 320 283 71 14 335 -9.0 +1.2 -5.2 -3.4 +35.3 -30.8 6 0 -1.9 -2.5 -27.2 -9.2 -2.8 -35.7 -25.1 304 1,384 1,122 954 256 47 1,026 328 +7.9 1,352 -2.3 830' -26.0 897 -6.0 1861 -27.3 39 -17.0 864: -15.8 400, 560 234, 220 566, 500 382, 100 853, 575 516, 375 384, 800 199, 000 462, 870 264, 170 3 344, 600 3 431, 000 176, 000 3 258, 000 +20.3 +32.7 +7.4 +2.4 1, 528, 800 894, 600 1, 701, 245 +11.3 979, 545 +9.5 166, 340 118, 500 34, 900 12, 900 184, 400 141, 200 26, 900' 16, 300 337, 200 215, 000 39, 100 22, 200 185, 800 139, 800 36,900 9,100 198, 700 155,000 36,500 7,200 168, 600 3 173, 000 125, 900 3 132, 500 34, 200 334,000 8,500 6,500 +6.9 +10.9 -1.1 -20.9 +14.9 +17.0 +7.4 +10.8 634, 200 441, 200 102, 000 36,000 721, 700! +13.8 509, 800 +15.5 112, 500 +10.3 38,500 +6.9 102, 527 15,000 760, 629 59, 298 13,000 993, 328 358,000 10,000 937, 253 180, 000 10,000 934, 530 135, 129 100, 027 +2fb.3 +80.0 0.0 -88.3 85, 750 117, 351 621, 821 3 753, 344 -0.3 +24.1 393, 731 282, 909 1, 952, 238 266,000 -32.4 35, 750 -87.4 2, 842, 059 +45.6 420, 477 3 392, 101 201, 344 361, 243 +7.5 +123. 5 -52.3 -83.9 1, 224, 623 727, 615 2, 518, 791 +105. 7 323, 268 -55.6 134, 982 3 256, 490 486, 839 496, 854 +118. 0 -11.9 +24.1 -24.4 532, 517 1,419,721 1, 826, 575 +243. 0 1,015,484 -28.5 174 46 85 105 6 9 29 18 12 210 Dividend and Interest Payments Grand total Interest payments Dividend payments: Total Industrial and misc Steam railroads.. _ Street railways i 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. of dolls Refunding thous. of dolls Type of securityStocks thous. of dolls.Bond and nptes . thous. of dolls . Class of industryRailroads thous. of dolls Public utilities __ thous. of dolls _ Industrials . thous. of dolls .. OiL_ thous. of dolls.. Land and buildings thous. of dolls.. Shipping and misc thous. of dolls. . 3 Revised. 931, 673 61, 655 1 28, 000 15, 750 970, 276 827, 729 814, 859 876, 203 142, 547 122, 394 58, 327 i 684, 681 447,080 632, 738 634, 698 559, 139 313, 549 308, 647 337, 538 302, 555 375, 391 i 57, 800 11, 695 79, 479 21,500 61, 613 151, 851 202, 134 295, 561 320, 222 199, 708 154, 752 234,405 168, 397 215, 350 228,959 134, 570 54, 169 16, 597 11, 594 99, 616 73, 745 43,492 69, 009 118, 249 77, 314 222, 866 267, 545 300, 915 279, 185 362, 028 4 Quarter ending in month indicated. 702, 055 58, 574 75, 216 192, 781 +83.8 -88.8 346, 219 262, 825 3233,233 +8.3 +37.3 706, 213 93, 570 3 132, 262 +27.9 +62.8 344, 734 12, 952 -30.1 -10.5 35, 827 20, 675 73,935 -34.6 +4.6 200, 714 48,038 -7.2 +161. 7 301, 825 120, 797 3 106, 697 * Quarter ending Mar. 31,1928. 94, 808 817, 917 618, 152' 162, 761 i 264, 572 847,645 -72.6 +15.8 +79.3 +354. 3 +31.8 +180. 8 47 TREND OF BUSINESS MOVEMENTS—Continued 1938 The cumulatives shown are through March, except where otherwise noted. Earlier data for items shown here may be found on pages 27 to 138 of the February, 1929, "Survey" November 1938 1939 December January February March February CUMULATIVE TOTAL FROM JAN. 1 THROUGH MAR. 31 PER CENT INCREASE (+) OR DECREASE ( — ) March Mar., 1929, from Feb., 1929 Mar., 1929, from Mar., 1928 1938 1939 1 Per ct. increase (+) or decrease (-) cumulative 1929 from 1928 BANKING AND FINANCE-Continued New Security Issues— Continued States and municipalities: Permanent loans thous. of dolls __ Temporary loans thous. of dolls Tax-exempt securities outstanding, end of month mills, of dolls 173, 824 14,496 116, 141 26, 183 73, 351 114, 695 3 88, 725 a 71, 749 102, 528 21, 057 132,725 113, 389 132, 897 75, 359 +15.6 -70.7 -22.9 -72.1 17, 072 17,109 17, 192 3 17, 232 17, 287 16, 434 316,549 +0.3 +4.5 Loans outstanding, end mo.: 1, 191, 724 1, 193, 846 1, 195, 089 1, 199, 766 1,202,571 1, 168, 354 1, 175, 858 Federal farm loan banks thous. of dolls Joint-stock land banks thous. of dolls. . 605, 595 605, 199 609, 984 611, 004 604, 375 603, 827 604, 294 Federal intermediate credit 78, 685 74, 119 81, 277 79, 462 80, 706 75, 220 banks - -- thous. of dolls 78, 532 +0.2 +0.1 +2.3 -1.1 +2.8 +8.9 368, 761 262, 068 264, 604 -28.2 207, 501 -20.8 Agricultural Finances » 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 mills dolls, per share.. Stock prices, average weekly closing: Industrials, rails, and utilities (410) rel. to 1926 All industrials (342) rel. to 1926 All railroads (33) rel. to 1926 All utilities (35) rel. to 1926 Automobiles and trucks (13) .rel. to 1926.. Automobile tires and rubber goods (7) rel. to 1926 Airplane (9) rel. to 1926 Agricultural implements (4)_.rel. to 1926. _ Chain stores (17) rel. to 1926.. Copper and brass (10) rel. to 1926 Food, other than meat (22)..._rel. to 1926.. Machinery and machine equipment (10) ..-.rel. to 1926.. Oil producing and refining (16) rel. to 1926 Railroad equipment (9) rel. to 1926.. Rayon (5) rel. to 1926 Steel and iron (10). rel. to 1926 Textiles (30) rel. to 1926.. Theaters, motion pictures, and amusements (7) rel. to 1926.. Tobacco and tobacco products (10) rel. to 1926. Traction, motor transportation etc (9) rel to 1926 Stock yields: Total common (90) ..percent Industrials (50) ..per cent.. Public utilities (20) per cent Railroads (20) _ per cent Preferred, high grade industrial, (20) per cent Stock sales, N. Y. Stock Exch.thous. of shares. . Bond sales: Miscellaneous thous. of dolls__ Liberty-Treasury thous. of dolls Total .. thous. of dolls Bond prices: Highest-grade rails.p. ct. of par. 4% bond.. Second-grade rails. .p. ct. of par. 4% bond.. Public utility p. ct. of par. 4% bond.. Industrial p. ct. of par. 4% bond Comb, price index. p. ct. of par. 4% bond.. Bond prices, 1st of following month: 5 Liberty bonds p. ct. of par.. 16 foreign govt. and city p. ct. of par.. Comb, price index, 66 bonds .p. ct. of par.. Bond yields: Railroads (15) per cent.. Industrials (15) percent Utilities (15).. per cent_. Municipal (15). _ _ . percent Municipal bond yield (20) per cent U. S. Treasury notes and certificates, 3-6 months _ per cent Liberty and Treasury bonds per cent.. Long-term real-estate bonds issued: Grand total thous. of dolls Purpose of issueFinance construction ..thous. of dolls.. Real-estate mortgage. _ thous. of dolls.. Acquisitions and improvements thous. of dolls Kind of structure— Office and commercial.thous. of dolls.. Hotels thous of dolls ADartments thous. of dolls. . a Revised. 316. 15 130. 07 175. 63 102. 58 286. 66 126. 10 187. 33 101. 97 344. 17 132. 40 179. 25 101. 04 350. 88 131. 70 189. 72 99.76 355. 10 129. 30 199. 27 98.10 239. 32 115. 20 139. 30 111. 73 256. 36 119. 00 147. 91 111. 33 +1.2 -1.8 +5.0 -1.7 +38 5 +8.7 +34.7 -11.9 171.1 178.9 134.9 168.6 284.3 171.4 178.4 134.9 173.4 268.5 185.2 192.5 141.8 192.7 281.4 186.5 192.3 141.6 202.4 277.1 189.1 196.0 140.4 203. 7 284.2 132.3 134.8 121.6 130.9 182.0 137.9 141.1 125.9 134.4 217.4 +1.4 +1.9 -0.8 +0.6 +2.6 +37.1 +38.9 +11 5 +51.6 +30.7 143. 2 752.9 337.1 161.0 227.0 171.7 167.3 817.0 348.1 155.7 228.6 171.6 195. 4 903.0 384.8 158.6 262.0 180.9 188.9 913.6 392.5 152.9 286.2 177.4 209.8 905.1 395.0 149.6 329.3 173.9 139.6 278.6 217.5 128.6 135.5 146.8 129.3 291.7 237.5 131.6 135.1 149.1 148.7 132.6 130.6 161.9 164.6 142.5 154.9 132.7 130.7 156.4 157.8 139.9 167.7 137.4 139.2 171.5 173.8 143.7 173.5 132.6 140.2 155.5 178.9 138. 3 167.2 141.4 144.3 143.7 186.6 136. 2 124.4 100.0 136,9 152.5 141.1 132.6 126.3 102.7 138.2 166.8 142.0 132.9 +11.1 +62.3 -0.9 +210 3 +0.6 +66.3 -2.2 +13.7 +15.1 +143. 7 -2.0 +16.6 -3.6 +6.6 +2.9 -7.6 +4.3 -1.5 +32.4 +37.7 +4.4 -13.8 +31.4 +2 5 -35.4 1 139.1 138.7 150.6 149.3 146. 2 106.1 108.0 -2.1 150.6 148.8 153.1 146.1 142. 5 150.0 149.5 -2.5 -4.7 95.3 96.4 101.7 100.6 97.4 97.1 99.4 -3.2 -2.0 3.50 3.40 3.01 4.79 3.60 3.56 2.94 4.79 3.35 3.31 2.66 4.56 3.35 3.35 2.58 4.58 3.27 3.21 2.59 4.62 4.39 4.35 3.85 5.18 4.20 4.14 3.73 5.01 -2.4 -4.2 +0.4 +0.9 -22.1 -22.5 -30.6 -7.8 5.42 115, 435 5.43 92, 837 5.42 110, 804 5.43 77, 969 5.44 105, 662 5.34 47, 165 5.28 84, 988 +0.2 +35.5 +3.0 +24.3 189, 116 294, 435 +55.7 210, 897 10, 569 221, 466 190, 010 16, 947 206, 957 235, 427 13, 772 249, 199 174, 447 9,504 183,951 201, 566 12, 149 213, 715 222, 644 16, 611 239, 255 304, 610 11,910 316, 520 +15.5 +27.8 +16.2 -33.8 +2.0 -32.5 796, 628 49, 385 846, 013 611, 440 -23.2 35, 425 -28.3 646, 865 -23.5 91.30 83.11 81.30 78.57 83. 31 89.83 81.87 80.34 78.23 82.34 90.09 81.27 80.16 78.89 82. 39 88.63 80.22 79.63 78.20 81.48 87.87 79.13 77.68 77.49 80.34 96.50 88.61 80.03 81. 33 86.13 95.90 88.81 80.32 80. 95 86.04 -0.9 -1.4 -2.4 -0.9 -1.4 -8.4 -10.9 -3.3 —4 3 -6.6 103. 75 104. 20 100. 67 103. 45 103. 77 100. 09 102. 49 104. 52 100. 08 101. 36 104. 07 99.47 100. 14 102. 98 98.36 105. 96 105. 92 102. 41 106. 05 105. 67 102. 58 -1.2 -1.0 -1.1 -5.6 -2.5 -4.1 4.39 4.93 4.73 4.15 4.14 4.47 4.98 4.77 4.15 4.17 4.50 4.96 4.79 4.16 4.19 4.56 5.01 4.79 4.25 4.22 4.59 5.02 4.81 4.32 4.34 4.20 4.79 4.65 3.89 3.87 4.21 « +0.7 +0.2 4.77 4.62 +0.4 +1.6 3.89 3.93 +2.8 +9.0 +5.2 +4.1 +11.1 +10.4 4.25 3.48 4.35 3.53 4.65 3.59 4.64 3.66 4.79 3.76 3.33 3.36 3.27 3.30 +3.2 +2.7 +15.9 +13. 9 61, 360 37, 952 61, 065 34, 049 68, 431 39, 840 62, 962 +101. 0 +8.7 163, 969 163, 545 -0.3 12, 590 14, 980 12, 530 7,622 13, 610 11, 245 8,945 7,824 23, 250 31, 663 14, 085 2,710 13, 520 +159. 9 35, 557 +304. 6 +72.0 -11.0 60, 364 51, 167 55, 805 50, 732 -7.6 -0.9 26, 550 11, 750 26,200 2,870 9,280 12, 175 11, 095 300 1.970 11, 325 12, 535 1.530 2.925 6,700 2,275 2.160 22, 340 375 1.375 22, 415 700 1.910 S 4,225 +223. 3 +119. 6 11, 965 +233. 4 4,010 -87.5 4.060 -36.3 +86.7 -90.6 -66.1 22, 933 38, 350 +67.2 63, 380 5,360 10. 279! 41, 575 -34.4 2,650 -50. 6 fi.460 -37.2 48 TREND OF BUSINESS MOVEMENTS—Continued 1939 1938 The cumulatives shown are through March, except where otherwise noted. Earlier data for items shown here may be found on pages 27 to 138 of the February, 1929, "Survey" November December PER CENT INCREASE (+) OR DECREASE (— ) 1938 January February March February March Mar., 1929, from Mar., 1928 Mar., 1929, from Feb., 1929 Per ct. increase (+) or decrease (-) cumulative 1929 from 1928 CUMULATIVE TOTAL FROM JAN. 1 THROUGH MAR. 31 1938 1939 FOREIGN EXCHANGE BATES Europe: England dolls, per £ sterling.. France.. _. _ _ . dolls, per franc.. Italy .dolls, per lire. . Belgium dolls, per franc. _ Netherlands . . . . dolls, per guilder Sweden.. dolls, per krone-Switzerland dolls, per franc Asia: Japan . . .dolls, per yen India .dolls, per rupee. _ America: Canadian .. _ _dolls. per Canadian doll.. Argentina dolls, per gold peso Brazil .dolls, per milreis Chile... dolls, per paper peso.. 1 4.85 .039 .052 .139 .401 .267 .193 4.85 .039 .052 .139 .402 .268 .193 4.85 .039 .052 .139 .401 .267 .192 4.85 .039 .052 .139 .401 .267 .192 4.85 .039 .052 .139 .401 .267 .192 4.87 .039 .053 .139 .403 .268 .192 4.88 .039 .053 .139 .403 .268 .193 0.0 0.0 0.0 0.0 0.0 0.0 0.0 -0.6 0.0 -1.9 0.0 -0.5 -0.4 -0.5 .464 .365 .459 .365 .455 .365 .452 .364 .445 .364 .469 .365 .472 .365 -1.5 0.0 -5.7 -0.3 1.000 .958 .119 .121 .998 .958 .119 .121 .998 .958 .119 .121 .996 .958 .119 .121 .994 .956 .118 .121 .998 .971 .120 .122 1.000 .973 .120 .122 -0.2 -0.2 -0.8 0.0 -0.6 -1.7 -1.7 -0.8 326, 493 339, 030 368, 840 369, 464 383,804 351, 035 380,437 +3.9 +0.9 107, 368 15, 076 18, 672 10, 618 28, 140 110, 655 14, 028 18, 499 10, 952 29, 186 107, 123 13,704 19, 378 9,036 27, 531 104, 374 13, 799 .. 21, 482 8,267 25, 495 105, 897 13, 918 19, 227 8,099 28, 799 104, 736 12, 597 18, 535 8,238 32, 951 2 2203, 050 26, 044 2 35, 083 22 16, 963 51, 888 78, 757 41, 632 74,928 40, 692 82, 037 42, 019 79, 430 36, 370 88, 524 39. 418 2 2155, 948 73, 397 U. S. FOREIGN TRADE Imports Grand total thous. of dolls.. By grand divisions: EuropeTotal thous of dolls France thous of dolls Germany thous of dolls Italy thous of dolls United Kingdom thous of dolls North AmericaTotal thous. of dols__ Canada thous of dolls South AmericaTotal thous of dolls Argentina thous. of dolls . _ Asia and OceaniaTotal thous of dolls Japan thous of dolls Africa, total .thous. of dolls.. By classes and commodities: Crude materials thous. of dolls.. Foodstuffs, crude, and food animals _ thous. of dolls.. Manufactured foodstuffs.-.thous. of dolls.. Semimanufactures thous. of dolls. Finished manufactures thous. of dolls. _ 79, 926 36, 983 1,069,415 2 2 1, 122, 108 2 +4.9 211, 497 +4.2 27, 503 +5.6 40, 860 +16.5 17, 303 +2.0 53, 026 +2.2 2 2 2 2 161, 963 79, 002 2 2 +3.9 +7.6 41, 229 5,555 50, 029 6, 778 57, 859 9,391 60, 177 10, 611 47, 427 6,966 59, 239 12, 525 92, 868 31, 942 6,270 96, 798 32, 823 6,615 113, 330 38, 423 8,287 115, 294 32, 175 9,693 109, 313 33, 593 8,967 120, 066 30, 748 7,872 108, 427 117, 691 142. 165 137, 722 138, 607 130, 882 145, 546 +0.6 44, 563 30, 605 62, 506 80, 392 45, 013 28, 810 71,233 76, 283 47, 668 28, 801 70, 990 79, 215 50, 176 36, 772 69, 576 75, 219 48,905 44, 368 70,549 81, 375 47,544 36, 039 64, 382 72, 188 53, 451 41,007 64,944 75,488 -2.5 +20.7 +1.4 +8.2 544, 863 475, 602 487, 956 442, 456 486, 000 371, 448 420, 617 +9.8 274, 429 31, 111 65, 563 16, 173 105, 462 238, 865 26, 385 44, 679 16, 030 94, 840 235, 736 26, 268 41, 159 15, 999 90, 696 200, 538 24, 408 34, 530 12, 712 69, 629 184, 304 15, 758 37, 424 13, 648 68, 924 194, 424 18, 696 ! 35, 058 11,317 70, 505 2 2391, 881 36, 428 2 80, 072 2 28, 178 2 143, 316 2 118, 425 77, 373 103, 668 69, 001 110, 056 70, 802 107, 636 71, 000 91, 090 60, 784 110, 709 72, 939 2 2 178, 409 114, 964 2 2 49, 837 18, 396 42, 695 14, 938 51, 986 19, 370 53, 047 19, 394 31, 461 11, 184 40, 222 14, 884 2 2 66, 273 23, 741 2 90, 075 37, 195 12, 099 538, 324 78, 908 27, 755 11,466 465, 987 80, 374 26, 114 9,804 480, 382 70, 219 22, 472 11,015 434, 523 65, 583 20, 113 9, 680 409, 961 +10.8 +17.4 127, 336 41, 189 18, 327 1, 174, 488 2 481, 383 55, 081 15, 081 9,513 362, 614 150, 593 48, 586 20, 819 1, 396, 288 +18.3 +18.0 +13.6 +18.9 194, 006 152, 077 120, 619 92, 322 86, 396 95, 287 91, 619 -6.4 -5.7 298, 964 299, 338 +0.1 31, 532 45, 887 60, 861 206, 038 27, 390 45, 530 58, 153 182, 837 28, 658 48, 534 67, 703 214, 868 23, 630 40, 072 60, 968 217, 531 21, 466 43, 206 66, 879 263, 436 13, 305 39, 480 55, 753 158, 786 14, 821 ! 42, 811 62, 993 197, 718 -9.2 +7.8 +9.7 +21.1 +44.8 +0.9i +6.2J +33.2 46, 203 125, 582 182, 597 521, 140 73, 753 +59.6 131,812 +5.0 195, 550 +7.1 695, 835 +33.5 285, 856 283, 962 329, 330 +15.2 298, 629 +5.2 1 94, 619 13, 713 118, 036 -24.7 20, 002 +45.9 2 2 2216, 820 65, 594 2 18, 540 2 2228, 624 70, 598 217,980 +5.4 +7.6 -3.0 -4.8 409, 823 418, 494 +2.1 -8.5 +8.2 +8.6 +7.8 149, 297 105, 770 190, 547 213, 978 146, 749 -1.7 109,941 +3.9 211, 116 +10.8 235, 809 +10.2 +15.5 1, 202, 843 1, 416, 412 +17.8 Exports Grand total, including reexports thous. of dolls. . By grand divisions: EuropeTotal thous of dolls France thous of dolls Germany thous. of dolls.. Italy thous of dolls United Kingdom thous of dolls North America — Total thous of dolls Canada thous of dolls South AmericaTotal thous of dolls Argentina thous of dolls Asia and OceaniaTotal thous of dolls Japan thous of dolls Africa total thous of dolls Total domestic exports only... thous. of dolls. _ By classes of commodities: Crude materials thous. of dolls Foodstuffs, crude and food animals thous. of dolls Manufactured foodstuffs.—thous. of dolls. . » Semimanufactures. thous. of dolls.. Finished manufactures thous. of dolls.. Agricultural exports (quantities) : All commodities rel. to 1910-14 All commodities except cotton rel. to 1910-14 2 2 2 192 160 133 107 102 100 100 -4.7 +2.0 172 166 155 134 129 111 117 -3.7 +10.3 102, 967 170, 092 94, 621 133, 245 96, 959 97, 296 97, 042 83, 812 135, 329 117, 521 85, 932 90, 387 120, 418! 109, 147 +39.5 +40.2 +12.4 +7.7 436, 274! 50, 676!! 65, 689 28, 711 2 160, 3251 2 2 2 +11.3 +39.1 -18.0 +1.9 +11.9 217, 692 +11.9 141, 802i +23.3 105, 033 +58.5 38, 764 +63.3 2 2 2 CANADIAN FOREIGN TRADE Total trade: Imports Exports 2 thous of dolls thous. of dolls.. Cumulative through Feb. 28. O PUBLICATIONS : Of* THE DJp?A&l^ENT OF r v> V '"- '•', ' • ' • • • - ' • ''.•'•. '•'• -^ ''.-.." ' v"- ; / ' ; "< .•:-,''. . ••'' ; "'•': ' ' • /'-, . •''- ••,..-• <-'•'. - , ''.-' -.,?:• > ' ' ' W s 7 ^' ,Eecent publications of the jD^artment of Commerce ^having t$e ipqst direct interest^ to readers ;of the Stn * ' « . * , • « « • . v * •~ii i l* u. *_^—'_i i__ Jxi^..x.-.j_«^li 41— ~.JJ*.^~~i^^. -Li~~ f\f~s~s^m~. , ^e T*» •L'IJ ^'5_i_r_'' "t*\^«^^wt~i4, mmerce, ' at •/ <ote" OI ,; ; /; Radio Ser^def} Piiltetin, March, 1^2^ ^2 pages. -Issued ? monthly by iae Radio piyjsioh qf the^Oe^ar^ment, , , of Commerce. ', Gotitai&$ fist of ,^t§io 'stations and 'references to durrent radio, ; ; annual subscription ' Jit<erature./ Single .c ' ' -~ • ' - -« - " *• ' "Ji^ 'ult^A*.^iw.- ' J I -~L.£^-. ^^^ A^ Bureau pf .fetan^dards JoUrnar»ot l^eseiarci,; vol. 2, Apr., ^>"7ij5f 731,4'pag^s of,plates.,; jftepprt dn, an investigation into , ^ ^e formation and properties of'sulphbaWminates, ^rith sjpee&l J y *---L-- •*- ^^conditions ^J-^ —•«-•'-•»-^^— ^- *—-^-^ ---^^, /^ JL«<.-~.x.«.4. wL.n.vJJW OF 'THE, Technical^ SSfeVs Bnlletin, Apr.^i^S.Page? 29-^6: t;Cpn-t .i^a^t^^ ^---^-^ ^-the4a^oijatotyCaptivities of/th^byreaw ^ —~"-^-L-i ---'L-^ ^d niagazin^ arti^s ptib'^ h'shed during thje g r the prfrcha^e ,1 (Fqrf information,co^^iitng tlie, plan df ptibllcation ^kd^di^tributio^ lof Census •(^ , 'VwjpStysvaddres^tJae^ii-ectiorjoCthejpens^p)'- ^ ' v, .^. . . s / , . t ^/ f Census of Religious Bodies, 19^2&.~6enopainatiOnal reports / ,V^l^rwiAg 'fb$bpfcf,''<tDoctrine)' $,#$ orgaa^atxoii, "with fr)-ku—^' t r f\ statistics eondje^ng >toe|nl?ersMp, ^value^'and' amount ^of * <- ^property,-church, d^bt'^ yBxpenditui^s/^tc. t , / t - r \ \ ,-Si t\ _ ,> '. a*. ',. **«**! een,ts each:^, '-,' ' ,- - \ » s, pric^ 5^.- , . t ' t I f ^f" tJto . rTwe Jbinua! Report ^pf/- J^'ortaHty StatisMcs, containing an > " , Faper," 16Di pages. f ^ "^ ' " / ''- ' - -• I, o!;t ng ' summary and^^ ta^l^s and general , 4,niiUal E ^on area^in contin^tal United Btates, /.tables'for '^ Ha^an and 'theL,Yi?&in Is^rids. 'O v , .<- ^ , • , ' * ' . ' . * " ) . '"-' " Water Tr^jftspeiPtlWjki^ 1926^~^Includes dat^idr all j^m dqcui^^iited and Undoeuniented y/e^el^ "and craffc|of 5 tons tegistei aijid, 6yer/ ^ithio'd .of pr.op^lsio^rio^ner^Mp, a^ r < - - - - --wl' >vlV > .'* ' / '" " *J' C^^m4iiiW, (Pt4»PP^3^-mk Wfte,^k -' l- \ '\ 4 .. * , * ; >L0ad^iB 1S27,/ <Pt. I, pp; 341^572.) ^ce^l^:. / "facts for\ea|Her years forvcomparis6n with,dat$ pu^shled in i^onthl^ Sti^Vey ot ^flrreni Busiri^s. Pape^ 56 pages; price, v r/f, / ; 1 ^ , " '\ r1'("1 [ • > '» i - ' sl *\ 'i. N ^ \ BUREAU <^ I'O&EIGN AfND ]&oM|}StI€ j rN 1 ; >J I . (The " . publications 'v;'' i \ ' ^ of1 , ,this - 'V'bureau " ' may' also '* be <•purchased ' ^ ^ from - ' theJ ' jbureau ^""or- its ' ,"" ' r , ' ;' / 4l M i - e 1 £disiricFofBoes) , * / > ,- , ' J9291 ', rts I n IL Part I eontaiiis^taMities of exports nsiesiiq -m^riph^disei and -imports by airticles for Feb., an(t.!92]^ &nd for two \inopths endeci yet)., 1^28; and Patt'fl/eoiitafiQs^um^iariiBs/^of p6rtanafin>6rt trade; . and^e^poft od , Bingle ;: trade 'with Alaska^- Ijawaii, ari& , $I.2S. ,-' , . . Market Bat^ Handbook of N^y 5JiiglSB4,vby fidward F; " Geyish. Db^a(es,tie Qqinlnearce Series 'No. 24j i^-fSO§, pages', 5 A /' m^p^., , ,^his ^s Part IH^oif the cominefqial sury0y .of New : x^Engla,m^. , Tl^e ^Few ^Englana territory is divid^ lnt,q \district^ J ? ' land 'staiiftical data -ate given^hoM^&ei, factors wmctf yiftu' ^ ', encb sal^isii^h &s pa&uIAigobi, health;, st^jgwjards of ii'vlng, an$ -./wholesale ahd | retail Cutlets: There 'are f^fdm^: separate ^tables giving population and , bectjpfitjiqn ^ta^Mcs ^4 gibers' thfei^tfent of ui^e Pf doniestic i Jmonie^x prefers/! A bjbli' incfuded> Priqe, $1.75^ \ ' -* ' \ <s- '•' * TFa^crf ttoltfed S^es in vCaleW^¥^? 1^8.^ Trade ', Infonnatipn BuHeim ;N^; 60?| ii+54 jp'ag^,!^ db^rls, " British 0oloi4a^ffioe Reports 0» ledger $ituaifionrf : Trade ^ \NInfotmAtipif ^ulleti^ Np. w3//ii4-?^pages.^fte|ipH^^ ments,,,, relating to^e^trictiion on tupber Deduction, an4 'Price, ' 1 f tatipn, with re^dris fbtr , t^ ^r lut^r^fional Trade in its Proihotldn of i ., * "\, / I Bureau of Standards Journal of \ Pages 659-^815, illustrations, j^a^es, feh^ris. l ',w tains \the pap»^3r4 f Qnr^dtly issued ' ; ' ^'''^ Coal-mine Teiftijatioji Pa4t<m< M H. 'P: t^reenwalqi add Cr, E> MuEfirc^.l ^Bf^tin 2B5,f yi+lWriag^s, ^38 jfltts,; ^ dhatt^. 'Study ^ ik^se^ c€:<cMffl(bi4ti^ fe^tittt& Daines. : l?rtee/250. , ' "" S 'V '|r-; H<v * , i , , v J l > l ?- ^ \ Mineral Resources of; U»W^|! State^ ^027« The reports on " inin^r41|;resc>itr6es ,^ire fest issued in fti^e f^rnifof bulletins df v which ,the following foowing haVe ^ar^leas^sjittcethe te^ar^leas^sjittcethe April anno^ncJe* ', meicfct a,nd jnay^be pbiainedto&the prj^ indicated; , ^ ' i : ^ > ' . j • ytJse ^f(fype -JI Miiers'-'^ais ^I4i3^^ Mifttejps Circular ''^2; N ijl + ^0 pa^es^ J4 Musi ^QontaingAa brief description of the kinds , of -gas^ndbunt^rekf in rainfes/ a,(cl^ri|it|6n of ;the type v N a^d the .proper method of op$r4tioH^%tJggBstions f o^^drg tipi^ of ^afe-mas^cr^s for wotk%i3aine^'a^d an^accouht gas-mask invest^ations by tl^e, Mines^ Bureau, / J'rice, 10^. , Self-contained Mine Rescue Oxygen Breathing Apparatus: , Handbook for Miners, by '!>. ,F. Parker, & S. McCaa, 4nd SL JDfennyv Kevised:ln^l9$S*^^-h 232 pages, 30 illus,, es< ^ ttescnption of 'the difite^n|; tp>es of oxygen bfire^thmg |e; and.operation. Price,C ^0 '>' i'- J. '''"« -' ,' ' ' " ' V V '" ' V " ' V . > ' ' ' ' ' '« . ' ^ ' ' ;\ Facto^ Gdy^-ning ; Eiitry of Solutions Jhjfo .Qr^es purin^ Leaching. , ^^hnical ,Paper 441 ;\|vHf S§*$ages^ 6 fllujs., . 9 charts, > , xpei;ira0nts io.d^ the ratfe and i copper ote. ' , Experiments in^ Rivet; ^Iftl^rJl^, r , fey ls v ^ 'Mo,; I047,/ (From Bu voL XM*,; 19?a, p,p, 21^?64;! 2 • Data dojfect^fi |;hrough.experin]ienvife .coyerHhe h^bi^te, of ^hesife fish^at w , Harlan B. , Holinesu ;oi Bureau of Fisheries. ges ,of plates:>. salmon, to <u*s-* . 'V ^C<^ei^id J^islies, of €^rJ^,L4kW^ A# falter kbelz. D'ocu-'"', ume^t;^Tfc4948.f {F^m Bulle%}m of ipit^eau pf Fisheries, V6L t : XLIII, -1027k' Pari II, ^p. 297-04^} 8,1%., ^ Wat^s, ,5 m^ps.) * Study,- "Of ^h& ^yst^matic, rela^dnslnps al^d naturai/Mstbfy ,pf „ whitenabi an<J netting found in the Or&af Lat^sl A bibliography , ,is included.' , Price,' $|.lp/4 vv/ (, ; \?': ^' " , l . ' ^^ , ' I ' America^ ' Merchant Vessels - , f . ^ . . , » arid, .s _ ^ Mm-^/19? ; „ . „„„.... pages _.___ Single ! eopim 100J ann^a^ subscription^ 75#. o r , l ' % s lx "i , ^ ^' \ ^- / ; , * ' - , p A^ * ^ «v - ^ ' 500 aad ^ , tidii arid, fog^ signals mainalild Chilf coasts of several ^ CJHIEF FUNCTIONS OF THE |)EPA^TMENT Of COMMERCE ; £ !-V7>'f-f '*-v!- ;'*'"''; #>Assii9tant'S^c^etaTy; of/<Commerce. - i / A ^ \ > //' oil , , '.^ - - ' • - ; • *' ; \ EP£BAIM if, MORGAN, Solicitor v,-,< /," ' ^ Research on helium and operation of plants producing it. v * Studies in the 0cbiipmi6siand marketing of satiiierals aiad col*;; lection of statisiiios^nxiiim^ral re^ptirces and{^nine accidents,. . The dissemyi^tion t^f ,i0sultsv of; technical, and, edonbiSc researches ^in^ Ipull^ins, , technical papers, mineral Resources s^ries^inmers'' circulars, an4 niiscellaneo^s publications.'' / V ^ \ Li^!ii P. SjjC?PBAC!KBN, ^B^ Assistant $qcr,etary of Commerce^ V A' Vf , ', *' V ^or Aerbstauiic^ < T x v ~ ''"'-•>* . ^ / * > ,airc$ irvtraffic^ fujej^ Investigation >of 4dei4: mui[ci^af .air jpprtli ; lo^tsering^ jol ^£' \ ' / ' , *' : i ' F i s i i R i ^ • ' -\'-' Q^^ relaferig 46 ''e?GEpfcer$$J a|r©nauti^V'\(^|ciQ, m^ti^n few?tt!6Bt*ji . ai*e, \pfeoormba, rby ^sfiie^at • div^sii^ptjs +&tr the jSeir^iee, /tte "Bttreau - of Mind&tcls, and tne -,' Ooa^t BnTv^ v,, i/^>\^':^ A,, ^ - V>V^'v 1 B l M d i 1TCfiNStJS x iBfitfeo^a^iiiipyovi^yieji^' 'in'^y^erchaH^ising an^^^collection 'of ',< fi^heVy statistics ;\ ,atoii^lirir|i6n "of ' Alaska 6shibrieC and fur r \ 1 • sfiATsi: fl.n ^ fjltf* r>r^tfii¥£ih** «f f&hesntf&R r^fiT 1tlr^Af»flja+: r*f iHAw^a and .ctiiiSf jpiibfi^^ilitfes^ levery 5 ^eate; iand a uresj^VeTy Jj' years'. \- "f • * * ' *'* > </r/"- ^ < '' l il r// _, ' >? , ) • • • > • t^x 4 » ,. divorce, Mi$fcs, deatbfe, v pliers, giving ii^onmtipn re,i^^ , and of d©a,th 'xafi^ in, v ' " *' V ' |GJpih(«0|at|on^ qiiartkrly^or\ jhontBly of statistics o%. cotton* RAtPMo^ri>^S;,!PAtrTONi Director ^ worf. JeatheVj, aiid otne^ IjiddstriBAj'an^itially .,, of ^ tlon of, statistics j other insti r ^V , , !T|ie colie'dtioii of tiiaely inf orn^atibn <s^iicerning world fnarfeet tiafc>les/a!iid special" publications. / •^ J-^*- *- au^ openings'for ^nuerican^pl*oducts>in fprejgn cotzJ^T ' ctirrent - , • - - v ,^ ,-x.^ 1 , . r, . / * .L^-.-^^^^^JI^-J,.^ t^d€ ccmunisaipners,;-and'^ si and. a thr/Jugh weekly Cioi^ierce^, ,*- - s. • / • • . - ~ - , . , ^ , - - , ?p«? in 65( cities', "s'^ v;t, . ( \' r;, ThV;naaintenance ofy^c^tnmogity^-"technical), anid ^/fegipiial. ^^Miyisibn^ tp^affor4i special se^vfi^e/tb Am^rican^ expSD^ters^ .ajid^ *•> V rdf ,s3re^stering x,,enrolijlng, Bcendia4'^iWi i AT^A. TT-JMA_?J t^f-'^frtig" ill: —" _ _ T , t j •* ' ^ , of a Hst of ^uch^vessels. 1 . , " V % ' '\ . '"J^, ; 1 " I ', Th& c^j^hs^tion andMist^ibii^ib^;xof lists of possible, buyerg , t' Enforaet^ent of , th^e pavigation> and, steamboat IB : ^ and agepts for Americaji pf^dufe^sin all jparts of 'the^orld^&d,, T^_^^ i«^..^--^ a—^^g^0^ 0f fees^ gneg^ tonna^ ta^:es,\ ^ L/" ^ i pf^eelcjy list^ofspfe^ifie'sale^ op^portuhi^es abimd^f v litmf.v nf TitsitfiiHf'ii riiv i^i^rria >and' &&nftt4&,'' .i. v* 1 \ [ STE^MBQAt Ift^ECTIQN .^'-/.. ^ i^oi(ai3:^^^R 1 v qjf Violations oli T ^ T ^^tis^d/by^ scientific f pr ,«o?cfi.6r j ;'V.?r BTATES PATENT OF^CE % -* -* ' ' " ~ v ^ i ; rese^rcjie'-, -j . tlojof jphyfiftsii cbn^taiits^anclproperties pf ^^ C^mmisslQner ^ ^ «i.Twf t.iaaffi /vh;. material^ fnfl.^Ariklia «?»« ritm^pfkkftsf^ »,nfH f sc^efibe regfetrlitipri registratic of;t Itin^-fre] ., The gra,niing4lof patents aad! tne ,__,__, "Trints^ fl,ndv laoels atte^* te^hniciS: andi|ii(fid«l c& e^anHnaibioix cksaminai > ftodamental f > - ,H -JT*^-,_Ll *'Jl'l*i. >rolbee<lingsi - ""'J - , '••* ' T" '• ,-"' ^ ^ ' * • - ' , S: * X -s ^ ^ v ^, --ions te. Gblelrntiaent of library witti jyubj^fieareh ^'i<teo|lgfa (^e;,^ T ^ ^6oiteetioii faiid -.-dfissepain^^oa ^ ', ^,^ — .3?^ ~ . tA~ . 7i %v ."/^^ "j, , ind.ihe plajihing &n<_ .^_T- _ _ of Simplified c^nuoercial piBotices i^ifptigh: 0 .* I witH J>u^e$s or^ni^M* ^ In order; tb reduce the; ' ' * '* " ' 'in^m^ipdities^'"',,. * < ( publication \ol th^.^^y ^^^^ Gazette, rgho:vtfng the, patents and trade-inarte;fesued. , o 1 1 t ij:- 1 / /,.^ 4 jbyfestigatidni ii ^thfr: fining, preparation^ of^mtnerajs, 1nclildi%vme stuy of a^4 *;*' Tj^ar bf Qbverninerit -. the , ^ Inspection of ^adio stifttibs oW^sh stations on shore, including broadcasting stations; licensing radio operators; examining and settling international radio accounts.