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MONTHLY SUPPLEMENT TO COMMERCE

UNITED STATES
DEPARTMENT OF COMMERO|||:
WASHINGTON

SURVEY OF
CURRENT BUSIN
NOVEMBER, 1925
No. 51

COMPILED BY

BUREAU OF THE CENSUS
BUREAU OF FOREIGN AND DOMESTIC
BUREAU OF STANDARDS
IMPORTANT NOTICE
In addition to figures given from Government sources, there are also incorporated f
service figures from other sources generally accepted by the trades, the authority and
for which are noted in the "Sources of Data'* on pages 152-155 of the August, 1925,

Subscription price of the SURVEY OF CURRENT BUSINESS is $1.50 a year; single copies (monthly), 10 cents;
issues, 25 cents, Foreign subscriptions, $2,25; single copies (monthly issues), including postage, 14 cents; \8dn^^k|lial
issues, 36 cents. Subscription price of COMMERCE REPORTS is $4 a year; with the SURVEY, $5.50 a yiia^^^lafc^
remittances only to Superintendent of Documents, Washington, D. C., by postal money order^ express order,•.<o'f(!few,.
. York draft. Currency at sender's risk. Postage stamps or foreign money not accepted
\J );<\l v "^*




WASHINGTON : GOVERNMENT PRINTING OFFICE : 1928

INTRODUCTION
The STTKVEY OF CURBENT BUSINESS is (designed to
present each month a j>icture of the business situation
t>y setting forth the principal facts regarding the variops lines of trade and industry. At semiannual intervals detailed tables are publisned giving, for each item,
monthly figures for the past two years and yearly comp^risons, where available, back to 1913; also blank
lines sufficient for six months have been left at the
bottom of each table enabling those who care to do
so to enter new figures as soon as they appear (see
Issue for August, 1925, No. 48), In the intervening
naonths the more important comparisons only are
given m the table entitled "Trend of business movements" as in the present number.
ADVANCE SHEETS
Realizing that current statistics are highly perishable and that to be of use they must reach the business
man at the earliest possible moment, the department
has arranged to distribute advance leaflets every week
to subscribers i& the United States. The leaflets
are usually mailed pn Tuesdays and give such information as has been received during the preceding
week. The information contained in these leaflets is
also reputed in " Commerce Reports," issued Weekly
by th© Bureau of Foreign and Domestic Commerce.
Tlte monthly bulletin is distributed as quickly as it
can b<e completed and printed,

per cent over the base period, while a relative number
of 80 means a decrease of 20 per cent from the base.
Kelative numbers may also be used to calcinate the
approximate percentage increase or decrease in a movement from one period to the next. Thus, if a relative
number at one month is 120 and for a later month it
is 144 thei*e has been an increase of 20 per c6nt.
In many instances comparable figures for the prewar years are not available, and in such cases the year
1919 has usually been taken as the base. For some
industries 1919 can not be regarded fts a proper base,
due to extraordinary conditions in the industry, and
some more representative period has been chosen,
jn many cases relative numbers of less importance
have been temporarily omitted.
Most of the relative numbers appear in a special
section of the semiannual issues, as in' Tables 103 to
123 of the August, 1925, number, thus allowing easy
comparison on a pre-war base for all items for whicn
relatives could be computed.

INDEX NUMBERS
When two or more series of relative numbers are
combined by a system of weightings the resulting
series is denominated an index number. The index
number, by combining many relative numbers, is
4esigned to show the trend of an entire group of industries or for thef country as a whole, instead of for
thp single commodity or industry whioh the relative
number covers. Comparisons with the base year or
BASIC DATA
with other periods are made in the same manner as in
Tlhe figures reported in th£ accompanying tables ai-e the case of relative numbers*
very largely th,pse already in existence. The chief
BATIO CHARTS
function of the department is to bring together these
data which, if available at all, are scattered in hunIn many instances the charts used in the SU&VEY
dreds of different publications. A portion of these OF CURRENT BUSINESS are of the type termed " Ratio
data are collected by Government departments, other Charts" (logarithmic scale), notably the Business
figures are compiled by technical journals, and still Indicator charts on page 2, These charts show the
others are reported by trade associations,
percentage increase and allow direct comparisons between the slope of one curve and that of any other
RELATIVE NUMBERS
curve regardless of its location on the diagram; that ,.
To facilitate comparison between difterent items and is, a 10 per cent increase in an item is given the same
render the trend ipr a movement more apparent, rela- vertical movement whether its curve isvnear the bottive nutiafrfcrs (oftto calledi "index numbers," a term tom or near the top of the chart.
referring more particularly to a special kind of number
The difference between this and the ordinary form
described below) have been calculated. The relative of a chart can be made clear by an example. If a
numbers enable the reader to see at a glance the certain item, having a relative number of 400 in one
general upward or downward tendency of a move- pionth, increases 10 per cent in the following month,
ment which can not so easily be grasped from the its relative number will be 440, ^ and on an ordinary
chart would be plotted 40 equidistant scale points
actual figures*
In computing these relative numbers the last pre- Mgher than the preceding mpnth. Another moveWar year, 1913, or in some instances a five-year a^er? ment with a relative number pf, say, 50 also increases
aee, 1909-1913, has been used as a ba&0 equal to 100 10 per cent, making its relative number 55. On the
ordinary (arithmetic) scale this it&mi woiild rise only 5
wnerever ppssible*
The relative numbers are copaputed by Allowing the equidistant points, whereas the previous item rose 40
monthly average for the Base year or period to equal points, yet eachi showed the same percentage increase.
100. ;If the movement for a current month is greater The ratio charts avoid this difficulty and give^to each
than the base, the relative number will be greater th£n of the two movements exactly the same vertical rise
100, and vice vcirsa. The difference between 100 and ^nd hence the slopes of the two tines are directly
the relative number will give at onipe the per cent comparable. The ratio charts compare percentage
increase ot decrease compared with the base period. changes, while the arithmetic charts compare absolute
TEtis a relatiye number of 115 meians an increase of 15 changes.
This issue presents practically complete data for the month of September and also items covering October, 1925. received
up to November 12. As most data covering a particular month's business are not available until from IS to 30 days after the
close of the month, a complete picture of that month's, operations, including relative numbers, cumulative totals, text,
and charts, can not be presented in printed form under 4$ days after its close, but the advance lea fats described above give
considerable information as early as 1$ days after its close, and present almost every week the latest data available*




UNITED STATES DEPARTMENT OF COMMERCE
WASHINGTON

SURVEY OF
CURRENT BUSINESS
COMPILED BY
BUREAU OF THE CENSUS

BUREAU OF FOREIGN AND DOMESTIC COMMERCE

BUREAU OF STANDARDS

NOVEMBER

No. 51

1925

CONTENTS
TEXT MATERIAL

Page

Preliminary summary for October _____________________. 1
Course of business in September:
General conditions ________________________________ 7
Summary of indexes of business _____________________ 8
Review by principal branches of industry and commerce. 10
BASIC CHARTS

Business indicators ____________________________________ 2
Wholesale prices in October ____________________________ 4
Employment in manufacturing industries ________________ 6
Production, stocks, and unfilled orders ___________________ 8
Comparison of wholesale and retail food price index numbers ____________________________________ _ __________ 9
GENERAL TEXT TABLES

Business indicators____________________________________3
Wholesale price comparisons ___________________________ 5
Business summary ____________________________________ 7
Indexes of business (production, prices, sales, etc.) ________ 24

TREND OF BUSINESS MOVEMENTS

Textiles.
Metals _ _
Fuels
Automobiles and rubber
Hides and leather
Paper and printing
Buttons, glass, and optical goods
Building construction and housing
Chemicals and oils
Foodstuffs
Tobacco
Transportation and public utilities
Employment and distribution
Banking and finance and foreign exchange
United States foreign trade
Canadian trade and industry

Page

_ 27
_ 28
30
31
32
33
34
34
36
38
41
41
43
44'
47
47

NEW DETAILED DATA

Wholesale prices for naval stores and women's dress goods-_ 22
Visible supply of oats and barley
23
Manufacturers' stocks of powdered milk
23

PRELIMINARY SUMMARY FOR OCTOBER
Industrial production increased in October, with
gains recorded both over September and over a year
ago, in the output of such basic commodities as pig
iron, steel ingots, and zinc. Unfilled orders for steel
and for locomotives at the end of the month were also
higher than at the end of September or on October
31, 1924. Consumption of raw materials in manufacture, as indicated by receipts or deliveries of wool,
silk, tin, and corn, was larger than a year ago, but the
output of locomotives and ships declined.
Trade reports indicate considerable increases in
October over both the previous month and a year ago
in sales of mail-order houses and 10-cent chains,
magazine advertising, and postal receipts, while check
payments rose to a new high level. The movement of
goods into consumption, as shown by loadings of carload freight by railroads, was larger than a year ago,


67301—25f
1


the changes from September being largely of a seasonal
nature. Traffic through the Sault Ste. Marie Canals
was also greater than in either the previous month or
a year ago.
Financial indicators also increased over both September, 1925, and October, 1924, in new security
issues, new incorporations, money in circulation,
interest rates on both call money and commercial
paper, stock sales, and prices, and loans, investments,
and deposits in reporting member-banks of the
Federal reserve system. The reserve ratio of the
Federal reserve banks at the end of October was lower
than either the end of September or a year ago.
Dividend payments were larger than a year ago.
Business failures were less than a year ago, both in
number and liabilities. The number of failures
increased over September, while liabilities were less.

BUSINESS INDICATORS: 1920-1925
[Ratio charts—see explanation on inside front cover. Except for " Net freight ton-miles," latest month plotted is September, 1925; August is latest plotted for " Net
freight ton-miles," while the curve on bank debits has been adjusted for normal seasonal variations and that on manufacturing production for the varying number
of working days]

I920 1 1921' 1922 1923 1924 1925
RELATIVE TO 1913 AS 100

1920 RELATIVE
1921 1922'1923'
1924 1925
TO 1919 AS 100
BANK DEBITS, 141 CENTERS

300
200

PRICES 25 INDUSTRIAL STOCKS
INTEREST RATES, COMMERCIAL PAPER J

WHOLESALE PRICES (DEPT.OFLABOR)

-DEPT. STORE TRADE (359, STORES)

300
200

100
MAIL-ORDER SALES
(4 HOUSES)

ARM

PRICES (DEPT. OF AGRICULTURE)

COTTON CONSUMPTION

GENERAL MANUFACTURING PRODUCTION
(641 COMMODITIES)

PIG IRON PRODUCTION

l±J

co

-LUMBER PRODUCTIONH

Q

(5 SPECIES )-

Z

20
300
200

AUTOMOBILE PRODUCTION-

100
80
60
40

X PASSENGER CARS AND TRUCKS)_

20
200
FACTORY

20




EMPLOYMENT

20

BUSINESS INDICATORS
The following table gives comparative relative numbers for a selected list of important business movements. It is believed
that this table will prove useful, because it separates out from the large mass of material a comparatively small number of items
which are often regarded as indicative of business in general.
The table has been divided into two parts, the first containing those items for which relative numbers can be calculated, using
1913 as a base. The second part contains items for which comparable data back to 1913 are not available. This latter group of
relative numbers is calculated by letting the 1919 monthly average equal 100. Care should therefore be exercised in comparing the
absolute value of the two sets of data. In either group, however, the upward or downward trend of the relative numbers, compared
to previous months, does reflect the-present tendency in each item and will give a basis for business judgment.
Where available at the time of going to press, November 15, October Indicators have been included, thus
bringing this table up to date. It should be noted that the charts on page 2 show September data as the latest
plotted, except for freight ton-miles, which shows August.
1924

MONTHLY AVERAGE

192S

COMMODITY

1920 1921 1922 1923 1924 July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct.

1913 monthly average- 100
Production:
Pig iron
Steel ingots
Copper
. .
Cement (shipments) — ...
Anthracite coal
.
Bituminous coal
Electric energy (gross revenue sales)
Crude petroleum
. .. _ _
Cotton (consumption)..
Beef
Pork
Unfilled orders:
United States Steel Corporation
Stocks:
Crude petroleum
.
Cotton (total)
Pricesri
Wholesale index
Retail food
Retail coal, bituminous
Farm products
_
Business finances:
Defaulted liabilities
_
Price 25 industrial stocks
Price 25 railroad stocks
Banking:
Clearings, New York City
Clearings, outside.. ...
.
Commercial paper interest rate .. .
.
Distribution:
Imports (value)...,
.....
. - .....
Exports (value).... .
.
Sales, mail-order
Transportation:
Freight, net ton-miles
,.

120 54
135 64
99 38
108 107
98 99
119 87
283 312
178 189
105 97
119 113
113 117

87
114
80
131
58
85
349
224
109
126
130

130
144
120
153
104
118
407
295
117
130
160

96

102

101 70 74
122 74 101
128 126 130
164 225 228
99 102 93
101 84 90
434 382 386
285 295 298
99 75 77
133 132 135
151 153 115

80
112
124
228
100
106
397
288
94
146
103

97
124
134
231
101
121
427
289
114
167
118

98
124
133
139
89
106
462
272
106
149
152

116
141
131
74
97
116
506
273
114
134
191

132
166
144
69
97
130
522
287
127
146
199

126
149
134
81
94
98
480
261
118
105
152

139
166
145
139
93
94
457
292
125
129
115

127
142
137
195
98
85
449
297
128
131
109

114
137
137
226
107
89
429
329
114
132
116

104
127
136
237
102
93
421
322
106
127
136

104
122
133
245
112
99
420
325
104
145
107

106
136
132
249
116
113
429
323
96
135
96

106
138
132
240
5
117

54

56

59

60

68

82

85

89

82

75

69

63

60

59

63

61

45

56 130 185

170

90

127
155

152
198

234 287 338 343
153 125 112 45

349
44

350 348 346 338 335 337 337 340 344
84 161 193 193 172 160 126 103 80

226
203
207
205

147
153
197
116

149
142
188
124

154
146
190
135

150
146
169
134

147
143
165
132

150
144
159
139

149
147
164
132

108
184
67

229 228
136 169
64 75

197
185
72

198
198
81

161 242
195 205
82 86

68

152
149
169
138

153 157 160 161
150 152 154 151
171 171 170 172
137 139 146 146

161
151
169
151

150 158 136 198 238 176 149
201 202 213 231 233 238 235
85 84 92 95 96 98 95

156
151
161
147

155
152
159
146

157 160 160
155 160 160
158 159 160
148 149 152

118
154
137
207
1
133

313
104 117
144
97

160
159
168
144

70

158
162
170
143

163 162 161 151 163 134 129
233 245 248 256 272 280 308
92 96 96 97 101 102 103

257 205 230 226 264 268 258 245 274 284 325 339 267 296 290 302 305 297 256 276 329
275 212 230 276 284 282 265 277 314 290 317 322 273 309 308 297 317 323 293 313 353
134 118 80 90 71 64 59 57 57 59 64 66 66 71 72 70 70 71 72 76 80
..
294
331
264

140 177 212 201
181 154 168 185
188 204 259 284

137

105

115

139

131

185 170 192 208 198 224 232 223 258 233 219 218 218 228 234 251
134 160 207 255 238 214 216 179 219 193 179 156 164 184 203 238
196 211 279 364 351 411 308 299 318 322 262 271 248 255 309 464
121

133

143

158

139

128 135

151

129

123

136

131

139 153

122
83

136
138

143
157

146
148

151
143

141
145

59
85

55
94

49
90

41
88

31
81

26
96

21
89

19
76

94

111

111

113

114

112

111

111 111

106

121

117

116

124

123 113

119 137

123

1919 monthly average- 100
Production :
Lumber1.....
Building contracts
Stocks:
Beef
Pork
Business finances:
Bond prices (40 issues)
Banking:
Debits outside New York City
Federal ReserveBills discounted
Total reserves
_
Ratio
.

....

140
102

126
105

20
61

28
44

42
46

110

109

110

110

110 110

101

104

119

107

124

102
72

86
69

117
102

133
106

129
108

119
88

139 135
90 93

66
98

42
83

29
70

32
91

34
88

21
104

21
91

86

87

107

104

108

ilu

114

91

95

107

108

106

110 121
100 91
60
70

127

154 153
166 155

17
58

12 11
16 14 22 21 21 21 24 24 30 33 30
28 39 19 15 14 13
132 91
. . 97 122 144 146 146 149 146 144 143 143 139 141 138 137 137 136 135 134 132 131 132
80 122 154 152 160 165 164 160 157 154 145 155 151 154 154 153 153 154 149 144 144

i Wholesale and retail prices from Department of Labor averaged for the month; farm prices from Department of Agriculture.
J
Based on the total computed production reported by 5 associations. Includes southern pine, Douglas fir, western pine, North Carolina pine, and California white
pine. The total production of these associations in 1919 was equal to 11,401,000,000 board feet, compared with a total lumber production for the country of 34,552,000,000
board feet reported by the census.




WHOLESALE PRICES IN OCTOBER
[Bars denote percentages of increase or decrease in the wholesale prices of specified commodities as compared with the same month of 1924 and 1923]

COMMODITIES

DECREASE INCREASE

20

10

0

10

20

COMPARISON WITH SAME MONTH

COMPARISON WITH SAME MONTH
1924
DECREASE
INCREASE

COMPARISON WITH
PREVIOUS MONTH

50 40

30

20

10

0

10

20

30

40

50 60

1923
DECREASE

40

30

20

INCREASE

10

0

10

20

30

40

50

30

40

50

FARM PRODUCTS. AVERAGE PRICE TO PRODUCER
WHEAT —
CORN
POTATOES
COTTON
COTTONSEED
CATTLE. BEEF
HOGS
LAMBS

-

WHEAT. SPRING
WHEAT, WINTER
CORN NO. 2
OATSBARLEY

RYE, NO.2
TOBACCO, BURLEY
COTTON
WOOLJ^ GREASE (BOSTON)—CATTLE, STEERS
HOGS, HEAVY
SHEEP, EWES
SHEEP, LAMBS
FLOUR, SPRING
FLOUR, WINTER
SUGAR. RAW
SUGAR, GRANULATED
COTTONSEED OIL
BEEF, CARCASS
BEEF. STEER ROUNDS
HAMS, SMOKED (CHICAGO)—
COTTON YARN
COTTON PR I NT CLOTH
COTTON, SHEET ING
WORSTED YARN
WOMEN'S DRESS GOODS
SUITINGS
SILK, RAW
HIDES, PACKER'S
HIDES, CALFSKINS
LEATHER, CHROME ( BOSTON )LEATHER, SOLE, OAK
BOOTS AND SHOES (BOSTON)--BOOTS AND SHOES (ST. LOUIS)
COAL. BITUMINOUS-COAL, ANTHRACITE
COKE
PETROLEUM
PIG IRON, FOUNDRY
f IG IRON, BASIC
STEEL BILLETS. BESSEMER
COPPER

-

LEAD
TIN

ZINC
LUMBER. PINE, SOUTHERN
LUMBER, DOUGLAS FIR
BRICK, COMMON (NEWYORK)CEMENT
STEEL. BEAMS
RUBBER CRUDE
SULPHURIC ACID




20

10

Q

10

20

DECREASE INCREASE

50 40

30

20

JO

Q

40

50

INCREASE

DECREASE
*

NO CHANGE

* if

NO QUOTATION

DECREASE
AVAILABLE

INCREASE

60

WHOLESALE PRICE COMPARISONS
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. All other prices are from U. S. Department of Labor, Bureau of Labor Statistics. As far as possible all quotations represent
prices to producer or at mill. See diagram on page 4.
PER CENT
INCREASE (+)
OR DECREASE (— )

ACTUAL PRICE

(dollars)

Unit

COMMODITIES

RELATIVE PRICE

(1913 average- 100)

October, October, Sep- OctoSeptem- October, October, 1925, from 1925, from tember,
ber,
1924
Septem- October,
ber, 1925
1925
1925
1925
1924
ber, 1925

October,
1924

FARM PRODUCTS— AVERAGE PRICE TO PRODUCERS
Wheat
Corn
. .
Potatoes
Cotton
Cottonseed
Cattle, beef.
Hogs
Lambs

.

.

.

.

.
.

....

1.444
Bushel
.988
Bushel
1.211
Bushel
.225
Pound
33.48
Ton
Pound.. .. .0627
.1150
Pound
.1195
Pound

1.364
.830
1.256
.215
32.82
.0631
.1116
.1204

1.297
1.089
.688
.231
31.95
.0552
.0945
.1035

-5.5
16.0
+3.7
—4.4
-2.0
+0.6
-3.0
+0.8

+5.2
23.8
+82.6
-6.9
+2.7
+14.3
+18.1
+16.3

182
160
203
188
154
106
153
196

172
134
210
179
151
107
149
197

164
176
115
193
147
94
126
170

Bushel
Bushel
Bushel
Bushel
Bushel
Bushel
Cwt
Pound
Pound
Cwt
Cwt
Cwt
Cwt

1.555
1.667
.917
.398
.751
.883
25.00
.236
.50
12. 438
12. 881
6.188
15. 094

1.549
1.635
.828
.402
.743
.838
25.00
.220
.51
11. 906
11. 694
6.406
14. 813

1.486
1.528
1.105
.522
.908
1.275
24.50
.245
.57
9.50
10.78
5.810
13. 440

0.4
-1.9
97
+1.0
10.1
-5.1
0.0
-6.8
+2.0
-4.3
-9.2
+3.5
-1.9

+4.2
+7.0
-25.1
-23.0
-18.2
-34.3
+2.0
-10.2
-10.5
+25.3
+8.5
+10.3
+10.2

170
169
147
106
120
139
189
184
200
146
154
132
194

170
166
132
107
119
132
189
172
204
140
140
137
190

163
155
177
139
145
200
186
192
228
112
129
124
172

Barrel
Barrel
Pound
Pound
Pound
Pound
Pound
Pound

8.310
7.431
.043
.054
.107
.185
.173
.292

8.263
7.410
.039
.050
.099
.185
.160
.283

8.013
6.669
.060
.073
.113
.172
.136
.216

-0.6
-0.3
-9.3
-7.4
-7.5
0.0
-7.5
-3.1

+3.1
+11.1
-35.0
-31.5
-12.3
+7.6
+17.6
+31.0

181
193
122
127
147
143
132
175

180
193
110
117
136
143
122
170

175
173
172
171
155
132
104
130

Pound
Yard
Yard
Pound
Yard
Yard
Pound
Pound
Pound
Square foot.
Pound
Pair
Pair

.423
.067
.106
1.650
.800
3.600
6.615
.177
.198
.460
.460
6.40
5.15

.430
.067
.108
1.650
.800
3.600
6.664
.174
.200
.460
.460
6.40
5.15

.449
.066
.103
1.750
.775
3.690
5.733
.163
.194
.460
.445
6.25
4.88

+1.7
0.0
+1.9
0.0
0.0
0.0
+0.7
-1.7
+1.0
0.0
0.0
0.0
0.0

-4.2
+1.5
+4.9
-5.7
+3.2
-2.4
+16.2
+6.7
+3.1
0.0
+3.4
+2.4
+5.5

171
194
172
212
254
233
179
96
105
171
103
206
163

174
194
176
212
254
233
183
95
106
171
103
206
163

181
192
168
225
246
239
158
88
103
171
99
201
154

Short ton. _
Long ton...
Short ton__
Barrel

3.49
11. 272
3.70
1.550

3.39
11.284
6.53
1.600

3.39
11. 480
3.13
1.250

29
+0.1
+76.5
+3.2

0.0
-1.7
+108. 6
+28.0

,159
212
152
170

154
212
268
171

154
216
128
134

20.89
18.63
34.25
.143
.0951
.605
.0882

21.26
19.00
35.75
.129
.0824
.500
.0632

+1.6
+1.8
2. 1
07
0.0
+7.2
.+13. 8

-1.7
19
-4.2
+10.9
+15.4
+20.8
+39.6

128
124
136
94
218
127
141

131
127
133
94
218
137
160

133
129
139
85
189
113
115

47.41
16.50
14.75

40.31
16.50
14.00

+2.1
0.0
0.0

+17.6
0.0
+5.4

202
179
225

206
179
225

175
179
213

-2.9
-0.0
+31.0
0.0

-2.9
-2.5
+19f . 0
0.0

173
129
73
70

168
129
96
70

173
129
33
70

FARM PRODUCTS— MARKET PRICE
Wheat, No. 1, northern, spring (Chicago) ...... ...
Wheat, No. 2, red, winter (Chicago)
Corn, contract grades, No 2 cash (Chicago)
Oats, contract grades, cash (Chicago)
Barley, fair to good, malting (Chicago)
_
Rye, No. 2, cash (Chicago)
Tobacco, burley, good leaf, dark red (Louisville)
-.
Cotton, middling upland (New York)
Wool, $£ 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 summer yellow (New York)
Beef, fresh carcass good native steers (Chicago)
Beef, fresh steer rounds No. 2 (Chicago)
Pork, smoked hams (Chicago)

..
.
._
..

CLOTHING
Cotton yarns carded, white northern, mulespun, 22-1 cones (Boston)
Cotton, print cloth, 27 inches, 64 x 60-7.60 yards to pound (Boston)
Cotton, sheeting, brown 4/4 Ware Shoals L. L. (New York)
Worsted yarns, 2/32's crossbred stock, white, in skein (Boston)
Women's dress goods, French, 35-36 inches at mills, serge
Suitings, wool, dyed blue, 65-56 inches, 16-ounce Middlesex (N. Y.)
Silk, raw Japanese, Kansas No 1 (New York)
Hides, green salted, packer's heavv native steers (Chicago) .
Hides, calfskins, No. 1, country, 8 to 15 pounds (Chicago)
Leather, chrome calf, dull or bright " B " grades (Boston)
Leather, sole, oak, scoured backs, heavy (Boston)
Boots and shoes, men's black calf, blucher (Massachusetts)
Boots and shoes, men's dress welt tan calf (St. Louis)....
FUEL
Coal, bituminous, mine run lump, Kanawha (Cincinnati)
Coal, anthracite, chestnut (New York tidewater)
Coke, Councils ville (range of prompt and future) furnace— at ovens

PetrolftTini, prudft, TTRnsas-Oklqlinma— ^t wplls

METALS
Pig iron, foundry No. 2, northern (Pittsburgh)
Pig iron, basic, valley furnace
Steel, billets Bessemer (Pittsburgh)
Copper ingots, electrolytic, early delivery (New York)
Lead, pig, delivered, for early delivery (New York)
Tin, pig, for early delivery (New York)
Zinc, sl?b, western (St. Louis)
.

.

Long ton... 20.56
Long ton... 18.30
Long ton — 35.00
Pound
,1 .144
Pound
. 0951
Pound
.564
Pound
.0775

BUILDING MATERIAL AND MISCELLANEOUS
Lumber, pine, southern, yellow flooring, 1 x 4, "B" and better (Hattiesburg district)
46.42
Mfeet
Lumber, Douglas fir, No. 1, common, s 1 s, 1 x 8 x 10 (Washington)
16.50
M feet
Brick, common red, domestic building (New York)
Thousand- 14.75
Cement, Portland, net without bags to trade, f. o. b., plant (Chicago
1.75
district)
Barrel
Steel beams, mill (Pittsburgh)
. .
Cwt
1.95
Rubber, Para Island, fine (New York)
.590
Pound
Sulphuric acid, 66° (New York)
Cwt
.70




1.70
1.95
.773
.70

1.75
2.00
.262
.70

EMPLOYMENT IN MANUFACTURING INDUSTRIES BY MAJOR GROUPS
[Drawn from data compiled by U. S. Department of Labor, and representing weighted indexes based upon number of wage earners in the respective industries in 1919.
Average monthly employment 1923=100. September, 1925, is latest month plotted]

120

100

BO' - J




', i

i i

i

i

I

i

i

t

I

i

i

i

I

i

i

i

I

VEHICLES

FOR LAND TRANSPORTATION

AMPED AND ENAMELED WARE OTHER THAN IRON
AND STEEL

STONE, CLAY, AND GLASS PRODUCTS

BUSINESS SUMMARY
{Index and relative numbers based on the 1919 monthly average as 100—except unfilled orders which are based on the 1920 average—enable comparisons to be made of the
relative condition of the several phases of business. The use of index and relative numbers is more fully explained on the inside front cover, and details of this summary are given in the table entitled "Indexes of Business," beginning on p. 24]
YEARLY
AVERAGE

September

September,
1925, from
August, 1925

128
97
136
111
69
125
165
145

121
114
142
107
105
131
166
166

123
149
126
104
190
129
166
155

+ 1.7
+ 30.7
-11.3
-2.8
+ 81.0
-1.5
0.0
-6.6

+ 7.9
-2.0
-1. 6
-5.5
-1.6
+ 8.4
+ 12.2
+ 66.7

134
46

133
51

142
52

147
52

+ 3.5
0.0

+9.7
+ 13.0

74
172
83
93

106
169
92
119

87
183
83
95

89
195
87
98

113
191
95
122

+27.0
-2.1
+ 9.2
+ 24.5

+ 6.6
+ 13.0
+ 3.3
+ 2.5

63
71
77
94

67
73
77
95

63
72
79
95

71
78
86
98

73
78
86
98

69
78
85
98

-5.5
0.0
-1.2
0.0

+ 9.5
+ 8.3
+ 7.6
+ 3.2

109
84

108
79

112
79

110
81

127
82

125
83

127
84

+ 1.6
+ 1.2

+ 15.5
+ 3.7

108
116
139

100
101
195

110
139
117

118
119
70

115
112
160

126
154
98

125
123
85

-0.8
-20. 1
-13.3

+ 5.9
+ 3.4
+ 21.4

September

123
117
118
119
152
108

101
97
121
117
73
111
142
88

109
121
122
108
129
124
146
90

114
152
128
110
193
119
148
93

119
74

135
52

129
44

133
46

SALES (based on value) :
Mail-order houses (4 houses)
Ten-cent chains (5 chains)
Wholesale trade
Department stores (359 stores)

99
165
83
124

105
185
82
125

69
163
78
91

PRICES (recomputed to 1919 base) :
Producers', farm products
Wholesale, all commodities
Retail food
Cost of living (including food)

65
75
78
94

64
73
78
95

103
93

TRANSPORTATION :
Net freight ton-mile operation
115
119
Car loadings (monthly total)
Net available car surplus (end of mo.) . _ 25

1924

119
113

113
118

131
117
102
121
144
106

STOCKS (45 commodities; seasonal adjustment)
UNFILLED ORDERS (relative to 1920)

CHECK PAYMENTS (141 cities — Seasonal adjustment)
FACTORY EMPLOYMENT (1919 base)__

September,
1925, from
September,
1924

August

August

1923

PRODUCTION:
Manufacturing (64 commodities— Adjusted) i.
_
Raw materials, total
Minerals
. ..
- _ - Animal products
Crops
Forest products
Electric power.
Building (awards— floor space)

PER CENT INCREASE (+)
OR DECREASE (— )

1925

1924

July

July

i See p. 28, Jan., 1925, issue (No. 41), for details of adjustment.

COURSE OF BUSINESS IN SEPTEMBER
GENERAL CONDITIONS

The production of manufactured commodities in
September was 2 per cent greater than in the previous month and 8 per cent larger than a year ago.
The output of raw materials was seasonally larger than
in August but 2 per cent smaller than in September,
1924. Commodity stocks after adjustment for normal seasonal influences were 4 per cent larger than at
the end of August and 10 per cent greater than a year
ago, while manufacturers' unfilled orders on September
30 showed no change from the previous month but
were 13 per cent greater than a year ago. Contracts
awarded for new construction during September
were smaller than in the preceding month but considerably above a year ago.
The volume of wholesale trade was 9 per cent larger
than in August and 3 per cent greater than a year
ago, while retail trade recorded similar advances over
these two comparative periods. Check payments,



after adjustment for seasonal variations, were 2 per
cent larger than in August and 16 per cent greater
than a year ago, while car loadings were more than 3
per cent larger than in September, 1924.
Wholesale prices showed no change from the preceding month but were more than 8 per cent greater,
on the average, than a year ago. Prices paid producers for their farm products were, on the other
hand, 6 per cent lower than in the preceding month
and 9 per cent higher than in September, 1924, while
retail food prices and the cost of living, though higher
than a year ago, were lower than in August. Factory
employment continued to increase and both employment and pay rolls were 5 per cent greater than a
year ago. Stock prices and interest rates both averaged higher. Business failures were smaller than in
either the previous month or a year ago.

8
SUMMARY OF INDEXES OF BUSINESS
PRODUCTI ON

September production registered an increase of 2 per
cent in manufacturing as compared with the previous
month and 8 per cent as compared with September,
1924. All industrial groups, for which data are available, participated in the general increase over a year
ago, except foodstuffs which registered an 8 per cent
decline, while, as compared with August, September
production was larger in all groups, except foodstuffs,
lumber, and stone and clay products, which declined,
and leather and paper and printing, which showed no
change.
The production of raw materials was 31 per cent
larger than in August and 2 per cent smaller than in
September a year ago. All classes of commodities
entering into this index declined from a year ago,
except forest products, the increase in this group being
insufficient to offset the declines in mineral production
and in the marketings of crops and animal products.

The output of minerals was 11 per cent smaller than
in August and 2 per cent smaller than a year ago, all
classes of minerals participating in the decline from
the previous month except bituminous coal and zinc,
while as compared with September, 1924, the increases
in the production of zinc, copper, iron ore, petroleum,
and bituminous coal were insufficient to offset the
declines in anthracite coal, lead, gold, and silver.
Animal marketings were 3 per cent smaller than in
August and 6 per cent smaller than a year ago, the
principal declines from the previous month occurring in
the marketings of wool, cattle, eggs, fish, and milk.
As compared with a year ago, all groups were marketed in smaller quantities except eggs, fish, and milk.
Crop marketings were 81 per cent greater than in
August but 2 per cent smaller than a year ago, the
increased marketings of vegetables, fruits, cotton, and
miscellaneous products being insufficient to offset a
35 per cent decline from September, 1924, in the marketings of grains.

RELATIVE PRODUCTION, STOCKS, AND UNFILLED ORDERS FOR MANUFACTURED COMMODITIES
[1920 monthly average=100. This chart shows stocks of manufactured commodities only, while adjustment has been made for both stocks and production for the
respective seasonal movements. Unfilled orders are principally those for iron, stesl, and building materials. September, 1925, is latest month plotted]
160

^-•PRODUCTION 64 COMMODITIES

COMMODITY STOCKS

SALES

The index of stocks of commodities held on September 30, recorded an increase of 4 per cent over the
preceding month and 10 per cent over a year ago
after adjustment for normal seasonal conditions. As
compared with the previous month all classes of
commodities were held in larger quantities except
manufactured goods, while, as compared with a year
ago, larger stocks of commodities were held for all
groups except manufactured foodstuffs.

Unfilled orders for basic materials, principally iron,
steel, and building materials, showed no change from
the previous month but were 13 per cent larger than
a year ago. Unfilled orders for building materials,
though 10 per cent smaller than at the end of August,
were 12 per cent greater than a year ago, while iron
and steel orders unfilled at the end of September were
6 per cent greater than at the end of August and 12
per cent larger than on September 30, 1924.




9

The index of wholesale trade was 9 per cent greater
than for the previous month and 3 per cent higher
than a year ago, increases over a year ago occurring in
all classes except dry goods. As compared with the
preceding month, wholesale trade in all lines was
higher.
Retail trade, as measured by department-store
sales, was 25 per cent larger than in August and 3 per
cent greater than a year ago. Mail-order houses
reported an increase of 27 per cent over the preceding
month and 7 per cent over a year ago, while, with the
exception of 10-cent chains and drug chains, other
chain-store systems had larger sales than in August.
As compared with a year ago all types of chain stores
had larger business.
PRICES

On the whole, producers received less for their farm
products in September than in August, but the general
average was 9 per cent greater than a year ago. With
the exception of prices for dairy products and poultry,
all farm products were lower than in August, while
with the exception of unclassified items, all prices
were higher than a year ago, the greatest increases
occurring in fruits and vegetables and meat animals.
The wholesale price index of the United States
Department of Labor remained stationary for the
third consecutive month but the general level was
higher than a year ago. Declines from August in the
prices of farm products, cloths and clothing, fuel and
lighting, house furnishings, and miscellaneous goods
were sufficient to offset increases in prices of food,
building materials, and chemicals. As compared
with last year, all groups registered increases with the

exception of metals and metal products and house
furnishings. As regrouped by the Federal Reserve
Board, this index shows a decline of 2 per cent in
producers' goods and an increase of almost 1 per cent
in consumers' goods from the quotations prevailing in
August. Increases over a year ago in producers'
goods of 1 per cent and in consumers' goods of 7 per
cent may be compared with an increase in raw
products of more than 9 per cent.
Commercial price-index numbers for October 1
exhibited practically the same conditions with respect
to the previous month and a year ago. The cost of
living declined almost 1 per cent from the previous
month but was still 2 per cent above a year ago, the
decline from the preceding month in the general index
being due to decreased costs of food, shelter, and
sundries.
EMPLOYMENT

Factory employment in September was 1 per cent
greater than in August and 5 per cent larger than a
year ago, all industrial groups sharing in the increase
over the previous month except textile and miscellaneous factories, which showed no change, while, as
compared with last year, employment in tobacco
factories and food factories was alone smaller. Factory pay rolls were 1 per cent smaller than in August
and 5 per cent greater than a year ago, the principal
declines from the preceding month occurring in the
pay rolls of textile, iron and steel, leather, stone, clay
and glass, and nonferrous metals factories, while,
as compared with a year ago, declines in pay rolls
were noted in food products, textile, and tobacco
factories.

COMPARISON OF WHOLESALE AND RETAIL FOOD PRICE INDEX NUMBERS
WITH INDEX OF ALL COMMODITIES AT WHOLESALE
[U.S. Department of Labor index numbers. Relative prices, 1913=100. September, 1925, is latest month plotted]
1917

100

 67301-!


1918

1919

1920

1921

1922

1923

1924

10
REVIEW BY PRINCIPAL BRANCHES OF INDUSTRY AND COMMERCE
TEXTILES

Receipts of wool at Boston declined seasonally
from the previous month but were slightly larger than
in September, 1924, due to larger receipts of foreign
wool. For the first nine months of this year, Boston
wool receipts were 4 per cent greater than for the corresponding period a year ago, an increase of 67 per cent
in receipts of foreign wool more than offsetting a decline
of 29 per cent in domestic receipts. Wool consumption by textile mills was 5 per cent greater in September than in the previous month, and about the same
as a year ago. There were corresponding increases in
the machinery activity of woolen mills for all classes of
spindles and looms, except carpet and rug looms.
Prices of raw wools showed a slight decline, both from
the previous month and a year ago.
Cotton brought into sight during September increased seasonally from the previous month and was
26 per cent greater than in September, 1924. Imports
of raw cotton were also much larger than for either the
previous month or a year ago, while exports, which
continued their seasonal increase over the previous
month, were only slightly larger than in September,
1924. Cotton consumption by textile mills was larger
in September than in August or a year ago. Spindle
activity also increased over the previous month but
in a somewhat smaller ratio than cotton consumption.

Deliveries of silk from warehouses were less than in
August but were 15 per cent greater than a year ago.
Stocks at warehouses at the end of September, on the
other hand, were much greater than at the end of the
previous month and slightly larger than a year ago.
Prices of raw silk increased from the previous month
and averaged 22 per cent greater than in September,
1924.
SPINDLE ACTIVITY IN COTTON MILLS
[September, 1925, is latest month plotted]

RAW COTTON CONSUMPTION AND EXPORTS
[September, 1925, is latest month plotted]

150

1921

IRON AND STEEL

Stocks of raw cotton at mills and warehouses continued their, seasonal increase and were half again as
large as at the end of September, 1924. The world
visible supply of cotton also exceeded that of a year
ago in about the same proportion.
Cotton-finishing establishments showed a substantial increase in business during September, both from
the previous month and from September, 1924.
Prices of raw cotton declined slightly from the previous
month, although the price to producers was slightly
greater than a year ago. Prices of cotton yarns and of
cloth were slightly higher than in August.



Stocks of iron ore at the furnaces and on Lake Erie
docks continued their seasonal increase and were
almost as great as at the end of September, 1924.
Shipments from the mines, on the other hand, declined from August, although exceeding those of a
year ago. The consumption of iron ore and the
production of pig iron were practically the same as for
the previous month and were about one-third larger
than for the corresponding month a year ago. The
number and capacity of furnaces in blast increased
over the previous month and September, 1924. The
wholesale price of iron products averaged slightly
higher than in August but was less than a year ago.
Steel-ingot production was slightly greater than in
August and considerably greater than a year ago.
Bookings of steel castings, on the other hand, declined
from both periods, railroad specialties and miscellaneous castings each showing a smaller amount of new
business. For the first nine months of 1925 steelingot production increased, while bookings of steel
castings declined, from the corresponding period of
last year. Unfilled orders reported by the United

11
States Steel Corporation showed an upward trend in
September as compared both with the previous
month and a year ago.
The sheet steel industry showed greater activity
during September than for either the previous month
or a year ago, production, shipments, sales, and
unfilled orders increasing over both periods. Production, shipments, and stocks of steel barrels also exceeded those of either the previous month or September, 1924, and the unfilled orders, while declining
from the previous month, also exceeded those of a
year ago.

Sales of fabricated structural steel were slightly
larger than in August while shipments were the same
as in the previous month, both sales and shipments
being considerably greater than in September, 1924.
Bookings of fabricated steel plate, on the other hand,
declined from the previous month, despite an increase
in bookings of oil-storage tanks, but increased from a
year ago. Orders for machine tools, while practically
the same as in the previous month, greatly exceeded
those of a year ago, and sales of mechanical stokers
exceeded those of both prior periods, both in number
and in horsepower.

PRODUCTION OF PIG IRON AND UNITED STATES STEEL CORPORATION'S UNFILLED ORDERS
[September, 1925, is latest month plotted)
14,000

600

The following table shows the total sales and production of farm equipment by manufacturers during
the past three years, as compiled by the Bureau of the
Census in its annual tabulation of farm equipment
manufacturers :
FARM EQUIPMENT PRODUCTION AND SALES
Number of
estab- Production
lishments

CLASS AND YEAR

Total, all groups:
1924
1923
1922
-

- -

Machinery for plowing, harrowing, rolling, planting, and cultivating:
1924
1923
1922
Machinery for harvesting and
haying:
1924
1923
1922
Machinery for preparing crops
for market or use:
1924
1923
.. .
1922
Tractor and tractor engines:
1924
1923
1922
Horse-drawn vehicles, barnyard,
and miscellaneous equipment:
1924
1923
1922




MANUFACTURERS' SALES
Domestic

For export

949 $329, 170, 367
1,135 364,854,106
986
209, 639, 897

$283, 414, 229

$55, 319, 372

311, 976, 047
222, 907, 764

49,349,294

54, 987, 347
58, 670, 026
22,943,817

48, 194, 598
52, 857, 538

8,811,360

45, 519, 015
41, 781, 372
19, 446, 576

27, 007, 211
31, 050, 479
20, 073, 031

15, 768, 755
12, 877, 557
3, 481, 210

176
181
196

23, 695, 367
30, 761, 122
18, 293, 848

19, 531, 667
22, 918, 124
19, 873, 381

2, 834, 092
5, 838, 104

62
78
86

88, 581, 125
93, 782, 550
53, 242, 822

79, 924, 586
77, 418, 955
53, 860, 771

20, 001, 231
14, 681, 512
6, 680, 948

116, 387, 513
139, 859, 036
95, 712, 839

108, 756, 167
127, 730, 951
101, 601, 917

7, 903, 934
9, 196, 575
5, 612, 445

27,498,664

21, 663, 241

6, 755, 546

2,401,641

3,486,997

NONFERROUS METALS

The production of copper at the mines was slightly
less and smelter output 5 per cent greater than in
August. Shipments of refined copper also declined
from the previous month but were half again as large
as a year ago. Stocks of refined copper were slightly
less and those of blister slightly greater than at the
end of August. The wholesale price of electrolytic
copper, while averaging slightly less than in August,
was 11 per cent greater than a year ago.
COPPER PRODUCTION AND EXPORTS
[September, 1925, is latest month plotted]

12
Stocks of tin were much smaller at the end of September than at the end of either the previous month
or a year ago. Tin deliveries were slightly less than
during August and considerably greater than in September, 1924. The wholesale price of tin showed little
change from the previous month, but averaged 16 per
cent greater than a year ago.
A decline in the production of zinc and in the shipments from the Joplin district was accompanied by a
slight increase in the number of retorts in operation
and by a considerable decline in stocks. Compared
with a year ago production and shipments showed
substantial increases. Prices averaged slightly greater
than during August and were 25 per cent higher than
a year ago.
A slight increase from August in shipments of lead
ore from the Joplin district accompanied a slight decline in the production of lead. September prices of
desilverized pig lead at New York averaged higher
than for either the previous month or a year ago.

Gasoline movements all declined from August, but
for the other refined oils increases were made in most
cases. Compared with a year ago, almost all movements of refined oils were larger, except prices.
PRODUCTION OF BITUMINOUS AND ANTHRACITE COAL
[September, 1925, is latest month plotted]

AUTOMOBILES
RELATIVE PRODUCTION AND STOCKS OF ZINC
[1913 monthly average=100. September, 1925, is latest month plotted]
225

PASSENGER AUTOMOBILE PRODUCTION
[September, 1925, is latest month plotted. Cumulative curve shows production
through September]

COAL AND COKE

A small increase in the production of bituminous
coal in September accompanied the shutdown in
anthracite output. Prices both of bituminous and
anthracite coal were slightly higher than for either the
previous month or a year ago. The production of
coke, both beehive and by-product, slightly exceeded
that of the previous month and was considerably
larger than a year ago. Coke prices continued to rise
and were 18 per cent greater than for September, 1942.
Slight declines took place from August in production, stocks, imports, and consumption of crude
petroleum, as well as in the number of oil wells
completed, while the price averaged 10 per cent lower.
Compared with September, 1924, production and
consumption increased while imports and stocks
declined.


The output of automobiles increased, passenger-car
output being 3 per cent greater and trucks almost 90
per cent greater than a year ago. For the first nine
months of this year, passenger-car production in the
United States was 7 per cent greater and truck production 30 per cent greater than in the 1924 period.

13
RUBBER

PAPER AND PRINTING

Imports of rubber were 21 per cent less in September
than in the previous month, being slightly less also
than a year ago. For the first nine months of 1925,
however, rubber imports exceeded those of the corresponding months of last year by 24 per cent. The
price of rubber continued to fall, averaging 11 per cent
less than in August but was more than two and onehalf times the price in September, 1924. Production
and shipments of pneumatic tires and inner tubes also
declined from the previous month while stocks of
these commodities showed little change.

Production of mechanical wood pulp was greater
than in August but less than a year ago. For chemical
wood pulp, on the other hand, the converse was true,
the September production being less than that of the
previous month but greater than a year ago. Shipments of mechanical wood pulp in September exceeded
those of both prior periods, while shipments of chemical wood pulp declined both from the previous month
and from September, 1924.

HIDES AND LEATHER

NEWSPEINT PAPER PRODUCTION AND MILL STOCKS
* [September, 1925, is latest month plotted]

Imports of hides were slightly less than in August,
an increase of 40 per cent in imports of cattle hides
being offset by decreases in calfskins, goatskins, and
sheepskins. Compared with a year ago imports also
declined, the only class showing an increase from
September, 1924, being goatskins. Prices of cattle
hides were slightly higher and those of calfskins
slightly lower than for the previous month. The
production of sole leather was less and the production
of harness and skivers greater than for either the
previous month or a year ago. Exports of sole
leather also declined from both prior periods while
exports of upper leather increased substantially.
IMPORTS OF HIDES AND SKINS
[September, 1925, is latest month plotted]
80,000

1,000

The production of boots and shoes was 4 per cent
larger during September than during the previous
month but was less than a year ago.




The production, shipments, imports, and exports of
newsprint paper exceeded those of August and of a
year ago. Stocks at mills, however, declined from both
prior periods. Production of book, wrapping, fine,
and other paper declined from August but except for
wrapping paper was greater than a year ago. Stocks
of wrapping paper and of fine paper declined from both
prior periods and those of book paper increased. For
the first nine months of 1925 the production of all
grades of paper was greater than for the corresponding
months of last year, the percentage of increase varying
from 2 per cent in the case of newsprint paper to 20
per cent in the case of fine paper.
The production of paper-board shipping boxes
during September exceeded that of August by 3 per
cent, the increase in the production of corrugated
boxes more than offsetting a slight decline in the production of solid fiber boxes. Compared with a year
ago, production was 20 per cent greater, both classes
of boxes participating in the increase. Operating
activity in the industry was likewise greater than
for either the previous month or for a year ago.
Shipments of rope-paper sacks were less and sales of
abrasive paper and cloth greater than for either of the
prior periods with which comparison is made.

14
BUILDING CONSTRUCTION AND HOUSING

Industrial building costs were slightly lower than
during either the previous month or for September,
1924. Material costs for houses, on the other hand,
showed little change from the previous month, although declining from a year ago.
Contracts awarded for new construction in 36 States
were considerably less both in floor space and in value
than during August but were much larger than a
year ago. The only classes of buildings which showed
an increase from the previous month were industrial
buildings which were much greater, both in square
footage and in value, and educational buildings which
showed a slightly higher value than, in August. Compared with a year ago, awards were greater for all
types of buildings with the single exception of educational buildings, for which the square footage was
slightly less. For the calendar year thus far, awards
exceeded those of the corresponding period of 1925,
both in square footage and in value, all types of buildings participating in the advance.
The smaller chart shows strikingly the course and
composition of building since 1920, it having been
constructed with a view to showing the ratio between
each major group and the total as adduced from building contracts awarded in 27 Northeastern States. The
first point plotted covers the average for the 12 months
ending January, 1921; the second point the 12 months
ending February, 1921, etc. By this means it has been

possible 'to show the changes occurring since the
present building wave set in.
RELATIVE PROPORTION OP EACH CLASS IN TOTAL BUILDING
AWARDS
[September, 1925, is latest month plotted]

10

COMPARISON OF AUTOMOBILE PRODUCTION AND NEW BUILDING CONTRACTS
[September, 1925, is latest month plotted. Cumulatives for 1925 are through September]
550

1 1 I !




] I I I i I

550

I I I I I 1 I I I

1925-CUMULATIVES-1925
LDING CONTRACTS AWARDED
(27 STATES)

I 2 3 4 5 6 7 8 9 10 IIYR.

1924-CUMULATIVES- 1924

TOTAL AUTOMOBILE
PRODUCTION

15

for the corresponding period of 1924; the production
of oak flooring also exceeded that of last year, although
the production of maple flooring was slightly lower.
The paving-brick industry exhibited diminished
activity as compared with the previous month, declines in orders, production, and shipments being
LUMBER
accompanied by an increase in cancellations. Stocks
The production of most varieties of lumber showed at the end of the month, however, were smaller than
a decrease from the previous month but an increase on August 31. Production, orders, shipments, and
over September, 1924, exceptions to this being Douglas stocks were greater and unfilled orders less than for
fir and* North Carolina pine, which increased from September, 1924.
Production, shipments, and stocks of Portland
August, and northern pine, which declined from a
cement
were less than in August, although greater
year ago. Shipments of Douglas fir, southern pine,
than
a
year
ago. For the year to date production
North Carolina pine, and California white pine were
exceeded
the
corresponding months of last year by
larger than for either of the prior periods with which
9
per
cent
and
shipments by 10 per cent. Paving
comparison is made. Shipments of California redcontracts
awarded
were slightly greater in September
wood and western pine, while declining from the prethan
in
the
previous
month despite a considerable
vious month, were larger than in September, 1924, and
decline
in
contracts
for
paving roads. For the year
shipments of northern pine were less than for the preto
date
total
concrete-paving
awards were 18 per
vious month or for a year ago. New orders for lumber
cent
greater
and
those
for
roads
15 per cent greater
were uniformly less than in August and, except for
than
for
the
corresponding
period
of
last year. BookCalifornia redwood, were greater than in September,
ings
for
architectural
terra
cotta
were
considerably
1924. Changes in the stocks of lumber reported
larger,
both
in
tonnage
and
in
value,
than
for either
showed no uniform tendency, those for southern pine
the
previous
month
or
for
a
year
ago.
and for hardwoods being slightly less than in August,
Orders, shipments, and stocks of enameled sanitary
but greater than a year ago, while those of western
ware
were less than for August but greater than a
pine and California white pine were greater than in
year
ago,
all classes of sanitary ware participating
August but less than a year ago. The composite lumin
this
movement
with the exception of sinks, for
ber price, both for softwoods and hardwoods, exceeded
which
the
orders
and
shipments exceeded those of
that of the previous month despite a decline in the
the
previous
month,
and
of miscellaneous ware, for
price of Douglas fir. Compared with a year ago, howwhich
the
orders
and
shipments
were less than a
ever, hardwoods were slightly lower and softwoods
year
ago.
somewhat higher in price.

Fire losses in the United States and Canada, while
9 per cent greater than in August, were 14 per cent
less than in September, 1924. For the first nine
months of this year fire losses exceeded those of the
corresponding period of last year by 4 per cent.

CHEMICALS AND OILS

PLYWOOD 1
[In square feet of surface]
MONTH, 1925

Bookings

Shipments

Unfilled orders

Imports of potash exceeded and those of nitrate of
soda were less than for either the previous month or
a year ago.
IMPORTS OF POTASH AND NITRATE OF SODA

April
May
June
July
August
September

3, 610, 613
3, 678, 158
3, 855, 390
4, 456, 689
5, 014, 010
4, 571, 384

4, 685, 524
3, 980, 092
4, 420, 218
4, 123, 987
4, 179, 225
4, 973, 545

4, 164, 782
4, 255, 887
4, 440, 400
5, 002, 599
6, 416, 777
6, 627, 911

i Compiled by the Plywood Manufacturers Association from reports of 20 members
(only 18 members in April), of which 2 or 3 report on shipments only. These data
represent the business of building up veneers into plywood of from 319 8 thicknesses.
Details as to kinds of wood and nature of cores are shown in the association's report.

The production and shipments of maple flooring
were greater and those of oak flooring less than for
the previous month, although the production and
shipments of both types of flooring considerably exceeded those of September, 1924. Bookings, unfilled
orders, and stocks of flooring, on the other hand,
declined from the previous month, though exceeding
those of a year ago, except in the case of stocks of
maple flooring, which were 10 per cent less than at
the end of September, 1924. For the first nine
months of the current year bookings and shipments
of both kinds of flooring were considerably larger than



[September, 1925, is latest month plotted]

16
ACID PHOSPHATE 1
{Reduced to tons of 16 per cent available phosphoric acid, which is equivalent to
320 pounds per ton]
August, 1925
United States:
%
Production
Stocks, end of2 month . _ .
Consumption
Northern States:'
Production
Stocks, end of month
Consumption 2 ..
.
Southern States:3
Production. .
Stocks, end of2month
Consumption
__.

September,
1925

September,
1924

285,003
1,471,305
122, 710

301, 348
1, 473, 129
338, 956

260, 777
1,230,052
292, 158

105,836
604,244
92, 724

92,644
424, 753
280, 747

79, 286
428, 191
247,242

179, 167
867, 061
29, 986

208, 704
1, 048, 376
58, 209

181, 491
801,861
44,916

1 Compiled by the National Fertilizer Association from reports of acidulators
representing about 80 per cent of the industry; figures in greater detail are obtainable
from
the association.
2
Figures computed by adding production to stocks at beginning of month and subtracting from this sum the stocks at the end of month, hence indicating disappearance
or shipments from plants, and not, actually, fertilizer used.
3
The south line of Virginia projected westward marks the division between the
northern and southern States for the purposes of this report.

Price indexes of chemicals were, in general, higher
than for either the previous month or for September,
1924, exceptions being in the price index for oils and
fats, which declined from August, 1925, and in that
of crude drugs, which was less than for September,
1924. Keceipts of turpentine and rosin again declined
from the previous month, those of turpentine being
slightly less and those of rosin slightly greater than a
year ago. Stocks of turpentine and rosin were considerably less than for either the previous month or
for September, 1924.
The production of cottonseed oil and stocks of
cottonseed and cottonseed oil continued to increase
seasonally and were also much larger than a year
ago. Receipts, shipments, and stocks of flaxseed at
the two northern markets also continued their seasonal increases and were much greater than in September, 1924. The linseed market, as evidenced by
shipments of linseed oil and cake from Minneapolis,
was more active than during either August, 1925, or
September, 1924, shipments of oil and cake during
the first nine months of this year exceeding those of
the corresponding period of 1924 by 51 per cent and
60 per cent, respectively.
CEREALS

The visible supply of wheat, both in the United
States and in Canada, continued to increase seasonally, although that in the United States was considerably less than a year ago. Trade in this commodity,
as evidenced by the receipts and shipments at the
principal markets, was more active during September
than during the previous month but was considerably
smaller than a year ago. Prices of wheat and wheat
flour averaged slightly lower than during August but
exceeded those of a year ago.
A decline in the receipts of corn at the principal
markets was accompanied by a decline in prices as
compared with August, 1925, and September a year



ago. The^visible supply of corn was also less than
for either of these prior periods. Receipts of oats
also declined, both from the previous month and a
year ago, this decline, however, being accompanied
by a marked increase in the visible supply. Prices
of oats were 4 per cent less than in August and 20
per cent less than a year ago. Receipts of barley in
September exceeded those of the previous month by
25 per cent, while receipts of rye were almost three
and a half times as great as in August. Compared
with last year September receipts of barley* were 7
per cent greater and those of rye 54 per cent less.
Prices of barley and of rye averaged less than in
either the previous month or in September, 1924.
Trade in rice continued to advance seasonally but
was not as large as a year ago. Stocks, however,
were almost as great as at the end of September, 1924.
Carlot shipments of apples, potatoes, and onions were
greater and those of citrus fruits less than for either
the previous month or a year ago.
MEATS AND DAIRY PRODUCTS

Receipts and slaughter of cattle and calves were
less than for either the previous month or for September, 1924. Shipments, on the other hand, due
to the seasonal increase in demand for stocker and
feeder cattle, increased from August, although they
were considerably less than a year ago. Total receipts of cattle for the first nine months of this year
were slightly in excess of those for the corresponding
months of 1924, the increase in cattle and calves
slaughtered more than offsetting the decline in shipments. Prices of cattle showed comparatively little
change from the previous month, there being a small
advance in the price of corn-fed cattle and a decline
in that of No. 2 beef steers. Cattle prices were
considerably higher, however, than a year ago.
The movement and slaughter of hogs was considerably larger during September than during the previous
month but was less than a year ago. Receipts of
hogs at primary markets for the first nine months of
1924 were 19 per cent short of last year's totaL
Cold-storage holdings of pork products were also
considerably smaller than at the end of either the
previous month or of September, 1924. Prices of
hogs and of pork products declined slightly from the
previous month but were considerably higher than
at this time last ye&r.
The movement of sheep was heavier than during
the previous month but was 13 per cent less than a
year ago. Local slaughtering at the primary markets,
however, declined slightly from August and the coldstorage holdings at the end of September were less
than for either the previous month or a year ago.
Prices of ewes averaged slightly less and those of
lambs slightly greater than in August, both classes
being higher in price than a year ago.

17
Poultry receipts at five markets were larger than in
August but less than a year ago, while cold-storage
holdings declined from the previous month, but
exceeded those of September, 1925. Cold-storage
holdings of fish, on the other hand, increased seasonally from the previous month and were almost as
large as a year ago.
A decline, both in the receipts and cold-storage
holdings of butter, as compared both with the previous
month and with September, 1924, was accompanied
by an increase in price from both prior periods.
Total receipts of butter for the year to date were 5
per cent less than for the corresponding months of last
year. Receipts of cheese, while less than in August,
exceeded those of a year ago. The total receipts for
the year to date were also in excess of last year and
the cold-storage holdings at the end of September
were larger than those at the end of either the previous
month or of September, 1924. The price of cheese,
while remaining the same as in August, was 19 per
cent higher than a year ago. Receipts of eggs declined seasonally from August but were slightly
larger than a year ago. Cold-storage holdings also
declined seasonally but exceeded those at the end of
last September.

Stocks of sugar at the refineries, while 20 per cent less
than at the end of August, were greater than a year
ago. Prices of sugar showed little change from August
but were considerably less than a year ago. A decline
in the receipts of raw sugar at Cuban ports was accompanied by an increase in exports, which resulted
in a 28 per cent decline in stocks at the end of September as compared with the previous month. Cuban
stocks of sugar, however, were more than double
those reported at this time last year. Exports of
Cuban sugar up to the end of September were 15 per
cent, or 500,000 tons, greater than for the corresponding months of last year.
RAW SUGAR: IMPORTS, MELTINGS, AND REFINERY STOCKS
[September, 1925, is latest month plotted]

RELATIVE RECEIPTS OF BUTTER, CHEESE, AND EGGS AT
PRIMARY MARKETS
[1919 monthly averages^lOO. September, 1925, is latest month plotted]
300

200

Imports of coffee during September exceeded those
for either the previous month or a year ago. For the
first nine months of this year, however, imports fell
12 per cent short of those in the corresponding period
of last year. The visible supply of coffee was also
less than for either the previous month or a year ago.
Clearances of Brazilian coffee for the United States
declined from August and were slightly less than for
September, 1924. Imports of tea, on the other hand,
exceeded those of either the previous month or a year
ago, total imports for the first nine months of 1925
being 9 per cent greater than for the corresponding
months of last year.
TOBACCO

20

SUGAR AND COFFEE

Meltings of sugar increased over August and were
also larger than in September, 1924. The meltings
for the first nine months were 8 per cent greater
than for the corresponding months of last year.
 67301—25


3

The consumption of tobacco, as shown by the taxpaid withdrawals from warehouses, exceeded that of
the previous month but except for cigarettes was less
than in September, 1924. For the first nine months
of 1925 the consumption of cigarettes was greater and
that of cigars and other tobacco less than for the
corresponding period of last year.
Exports of cigarettes were considerably less and
those of unmanufactured leaf considerably greater
than for either the previous month or a year ago.
For the year to date, however, exports of unmanufactured tobacco were 30 per cent less than for the corresponding months of last year, while exports of
cigarettes showed a decline of 24 per cent. Sales of
loose-leaf tobacco at warehouses increased seasonally

andj^were much larger than a year ago. Prices,
however, showed little change from either period.
RELATIVE CONSUMPTION OF CIGARETTES AND CIGARS
[1913 monthly average=100. September, 1925, is latest month plotted]

higher than a year ago. Bad-order cars were fewer on
September 30 than at the end of either prior period.
Shipments of locomotives by the principal manufacturers were less than for either the previous month
or a year ago, due to the falling off in domestic shipments. For the year to date total locomotive shipments were 23 per cent less than last year despite an
increase in the shipments abroad. Unfilled orders,
however, increased from the previous month and
were only 6 per cent less than at the end of September,
1924.
SHORTAGE, SURPLUS, AND BAD-ORDER FREIGHT CARS
[September, 1925, is latest month plotted[

SHIPPING

The total tonnage of vessels completed during
September was two and one-half times that of the
previous month, due to the very much larger tonnage
of steel-seagoing vessels, but was less than that reported
for September, 1924. For the first nine months of
1925 the tonnage of new vessels was slightly less than
that of last year despite an increase in the tonnage of
seagoing vessels completed during 1925.

fc
O 200

RAILROADS

Loadings of freight cars showed a decline from August, owing to the latter data comprising a five-week
period. Loadings increased over a year ago, but grain,
livestock, and fuel loadings were less. For the year
to date carloadings were 6 per cent greater than for the
corresponding period of last year, all classes except
grain and livestock increasing over last year.
The number of surplus cars declined during September. Surplus coal cars, however, existed in much
larger numbers than in August and were somewhat

DISTRIBUTION MOVEMENT

Sales by the leading mail-order houses showed the
customary seasonal increases and were also substantially greater than at this time last year. Tencent-store chain sales, however, showed little change
from the previous month, although they ranged from
10 to 20 per cent greater than a year ago. For the
first nine months of 1925 mail-order and 10-cent
chain store sales were from 11 to 15 per cent greater
than for the corresponding months of last year.

LOCOMOTIVE SHIPMENTS AND UNFILLED ORDERS
[September, 1925, is latest month plotted]
4.000




19
SALES OF ORDINARY LIFE INSURANCE, BY GEOGRAPHICAL
DISTRICTS

SALES BY MAIL-ORDER HOUSES AND IO-CENT CHAIN STORES
[September, 1925, is latest month plotted]

[September, 1925, is latest month plotted]

1,000
800
600

400

200
oc

Q

NATIONAL ADVERTISING IN NEWSPAPERS

» O 100
CO

(Number of lines for 44 identical cities)

Total
Automobile advertising
Automobile accessories
Cigars, cigarettes, and tobacco
Financial
.
Food groceries beverages
Hotels and resorts
Household furniture
Men's clothing
Musical instruments
Radio and electrical

___..
- -

Hailroads and steamships
Shoes
- Toilet articles and medical preparations
_. .
Women's wear
Miscellaneous
- -

§ *>

June

July

August

September

24, 030, 002

18, 933, 978

20, 379, 631

24, 668, 100

3, 299, 019
1, 749, 082
1, 210, 447
1, 074, 855
4,269 249

3, 849, 085
1, 382, 178
1, 331, 776
996, 762
3, 971, 791

6, 275, 985
1, 244, 408
1, 048, 335
653, 293
2, 602, 860

5, 246, 217
1, 488, 319
891, 552
902, 686
2, 922 431

952, 702
425, 731
506,933
106, 665
406 587

883, 297
204, 856
208, 872
38, 370
292 397

464, 355
425, 846
74, 563
49, 372
312, 430

221, 432
1, 037, 279
393, 280
69, 341
743 807

2,530 307
246, 211

2 010,835
132, 712

1, 570 418
42, 479

1 474 620
243, 691

3, 561, 249
84, 467
3, 606, 498

3, 367, 983
34,003
229, 061

2, 990, 192
31,204
2, 593, 891

3, 843, 537
236, 496
4, 696, 639

i eo
40
1 UNITED STATES TOTAL
2
3
4
5
6

20

10

1922

EASTERN MANUFACTURING
WESTERN MANUFACTURING
WESTERN AGRICULTURAL
SOUTHERN
FAR WESTERN

1923

1924

1925

September magazine and newspaper advertising
exhibited the usual fall increases and were each in
excess of last year's figures. Postal receipts both at
the largest cities and at other centers were substantially greater than for August and were 10 per cent
greater than a year ago. Delinquent accounts as
reported by the electrical trade, on the other hand,
were considerably less than a year ago.
LIFE INSURANCE

New insurance issued during September was somewhat smaller, both in number of policies and in the
amount of insurance, than that issued during August
but was considerably greater in both respects than in
September of last year, all types of policies showing
the same general tendency. For the year to date,
however, the number of new policies was 11 per cent
greater and the amount 20 per cent greater than for
the corresponding period of last year. Premium collections also declined from August but increased from
a year ago. Geographically the decline in ordinary
life insurance sales from August was about equally divided, the smallest declines from the previous month,
however, and the largest increases from a year ago,
being shown in the South.



BANKING

Check payments for New York City and for the
country outside were each 5 per cent greater than in
August and were 17 and 14 per cent larger, respectively, than in September, 1924. Cumulative figures
showed a 19 per cent gain for New York City and a
12 per cent gain for the country outside New York.
During September the Federal reserve hanks reported
larger deposits, a greater amount of bills discounted,
larger total investments, and an increase in notes in
circulation, as compared with the previous month.
Total reserves, however, declined slightly and the
reserve ratio fell to 72.5, the lowest point it has
reached since 1922.

20
BILLS DISCOUNTED AND TOTAL INVESTMENTS OF FEDERAL
RESERVE BANKS
[September, 1925, is latest month plotted]
3,000i

reported by trading establishments and by agents
and brokers. The number of commercial failures,
however, was greater and the liabilities reported less
than in September, 1924. For the first nine months
of 1925, a greater number of firms failed, but the
liabilities of such firms were considerably less than
for the corresponding months of last year. Manufacturing establishments showed declines in both respects,
while trade establishments and agents and brokers
showed increases.
LOANS, DISCOUNTS, AND TOTAL INVESTMENTS OF FEDERAL
RESERVE MEMBER BANKS
[September, 1925, is latest month plotted]

Member banks also reported an increase in loans^
and discounts and in deposits but showed a decline
from the previous month in investments. Compared
with September, 1924, Federal reserve banks showed
a slight increase in deposits, a very large increase in
bills discounted, but a smaller amount of notes in
circulation, investments, and reserves, while member
banks showed increases in deposits, loans, and investments.
Interest rates at New York on call loans averaged
higher than in August and were more than double
those of a year ago. Kates on commercial paper also
increased slightly from the previous month and were
one-third greater than in September, 1924.
CORPORATION PROFITSl

S3

O

a>

&

Railroads,
Class I

""3
2
cc

"I
11

Machinery

a

Miscellaneous

H

1 Motors
and
accessories

1

TJ

Total railroad
and telephone

RAILROAD AND
TELEPHONE

INDUSTRIAL

<D

P
O

-a-i
H

TOTAL INVESTMENTS/

1921

1922

1923

1924

1925

New securities were issued in somewhat larger
amounts in September than in the previous month
but fell considerably short of the amount of such
issues a year ago. For the year to date, however,
the amount of new security issues was 18 per cent
greater than for the first nine months of last year.
New incorporations, on the other hand, were very
much less in September than in August, but were 20
per cent greater than a year ago. The capitalization
of such incorporations during the first nine months of
1924, however, was more than one-third greater than
during the corresponding months of last year.

1

YEAR

Grand total, 9 groups

(In millions of dollars)

TOTAL LOANS AND DISCOUNTS

NUMBER OF BUSINESS FAILURES AND DEFAULTED LIABILITIES
365

102

!^

Number of corporations

14

13

15

11

263

193 70

64 48
18 12
22 13
16 12
8 11

36
10
11
10
5

18 34 1,115
4 8 221
6 8 297
5 9 307
3 9 290

979 136
185 36
262 35
277 30
255 35

13

19

[September, 1925, is latest month plotted]

1923
1,613
The year
First quarter
338
451
Second quarter _ _
432
Third quarter _ _
392
Fourth quarter _

498 135 163
117 38 27
154 47 47
125 30 43
102 20 46

1924
The year .
1,563
First quarter
378
332
Second quarter __
Third quarter. _.
410
Fourth quarter. _ 443

425
140
107
87
91

98 115
34 46
22 30
20 18
22 21

79
26
20
18
15

50
11
13
14
12

35
9
9
8
9

18
5
5
4
4

30 1,138
9 238
8 225
5 323
8 352

987 151
203 35
188 37
287 36
309 43

1925
Half year
First quarter
Second quarter _ _

295
128
167

98
37
61

68
34
34

48
20
28

26
11
15

24
12
12

11
5
6

20
9
11

438
204
234

1

823
376
447

528
248
280

90
44
46

Data from the Federal Reserve Bank of New York.

Business failures in September were less both in
number and in the amount of liabilities than in
August, all classes of firms participating in the decline
in the number except manufacturing establishments,
while an increase in the amount of liabilities was



Prices of stocks and bonds averaged slightly higher
during September than during the previous month
and were considerably higher than a year ago. Sales.

21
of stocks on the New York Stock Exchange also
increased over both periods, while sales of bonds were

greater than in the previous month despite a decline
in the amount of Government bonds sold.

COMPARISON OF WHOLESALE PRICES AND STOCK PRICES
[Twelve-month moving averages. September, 1925, is latest month plotted]

U.S.DEPT OF LABOR
VHOLESALE PRICE INDEX]\

! i i ! i i iM
1918

I

1919

I

1920

GOLD AND SILVER

An increase in the exports of gold from the previous
month and from a year ago was accompanied by a
decline from the above periods in imports. A further
decline took place in the gold receipts at the United
States mint, September receipts being 11 per cent
less than those for the previous month and 27 per
cent less than for a year ago, and the cumulative
receipts for the first nine months of 1925 being 4 per
cent less than for the corresponding months of last
year. The Rand output also declined slightly, both
from the previous month and September, 1924, its
cumulative output being 2 per cent less than for the
nine months total of 1924.
Silver production showed a further decline, being
6 per cent less than in August and 16 per cent less than




' i i f i Mi i

1922

1923

I

I

1924

i n ii
I

1925

I

GOLD: SHOWING EXCESS OF IMPORTS AND EXPORTS
[September, 1925, is latest month plotted]

1 9 2 1 |

]922

I

1923

|

J924

|

1925

22
a year ago, while on the cumulative basis production
was 1 per cent less than in 1924. Imports and exports
of silver also declined both from the previous month
and from September a year ago, the cumulative imports being 12 per cent less than in 1924. A slight
further advance in price occurred.

year, imports and exports increased 12 to 15 per cent
over the 1924 period.
IMPORTS AND EXPORTS OF MERCHANDISE
[September, 1925, is latest month plotted]

FOREIGN EXCHANGE AND TRADE

Outside of large increases in the rates on Italy and
Brazil, and a decrease of 2 per cent on Belgium, exchange, rates showed little change from the previous month. Except for the Latin countries of
Europe, the principal exchanges were all higher than
a year ago, the chief increases being in the Latin
American and Indian currencies.
Imports increased 3 per cent over August and 22
per cent over a year ago, while exports were 11 per
cent greater than in August but 2 per cent less than
in September, 1924. For the first 9 months of the

WHOLESALE PRICES OF NAVAL STORES '
1914

1913

1915

1916

1917

1920

1919

1918

1921

1922

1923

1924

1925

MONTH
Dollars per gallon

TURPENTINE

0.425
.453
.455
.458

0.458
.510
.480
.488

0.453
.445
.450
.473

0.573
.578
.530
.553

0.550
.540
.513
.488

0.490
.474
.439
.426

0.755
.709
.720
.773

1.885
1.985
2.238
2.575

0.724
.609
.584
.591

0.909
.903
.869
.866

1.522
1.493
1.548
1.524

1.007
1.022
1.024
.965

0.929
.938
.918
.958

May
June
July
August

.408
.405
.398
.383

.460
.473
.498
.480

.488
.435
.430
.420

.410
.435
.415
.468

.520
.448
.420
.428

.507
.636
.700
.622

.831
1.095
1.176
1.724

2.475
1.868
1.599
1.624

.717
.604
.613
.633

.944
1.110
1.207
1.194

1.167
1.046
.943
.951

.901
.844
.837
.893

1.060
.990
.969
1.013

September.
October
November
D ecember

.423
.415
.453
.463

.423
.478
.458
.478

.398
.415
.538
.570

.465
.463
.480
.525

.423
.485
.535
.505

.661
.658
.798
.716

1.683
1.600
1.689
1.656

1.473
1.230
1.098
.790

.718
.755
.810
.814

1.298
1.530
1.578
1.403

.971
1.007
.954
.938

.887
.880
.851
.837

1.121

January
February...
March
April

Dollars per barrel

ROSIN

January
February
March
April

5.95
5.75
6.50
5.50

4.00
4.40
4.25
4.15

3.60
3.50
3.40
3.40

5.95
5.75
5.40
5.20

6.60
6.55
6.28
6.00

7.12
6.97
6.59
6.07

14.25
13.46
12.33
12.19

18.59
18.13
18.08
18.50

8.81
7.50
5.85
4.95

5.35
5.33
5.19
5.21

6.12
6.97
6.15
6.23

5.77
5.80
5.73
5.78

8.24
8.28
8.09
7.95

May .
June
July
August

4.75
4.80
4.00
4.25

4.10
4.05
4.20
3.95

3.65
3.20
3.45
3.25

4.30
5.10
5.50
6.65

6.30
6.30
6.00
5.85

7.73
9.98
11.00
11.53

12.05
14.28
16.45
17.85

19.75
16.70
12.41
13.90

5.26
5.05
5.05
4.97

5.30
5.35
5.54
5.99

6.07
5.83
5.82
5.75

5.59
5.53
5.59
5.81

8.91
8.91
9.98
10.89

September
October
November
December

4.20
4.00
4.00
4.10

3.75
3.85
3.75
3.75

3.25
3.70
4.80
6.00

6.15
6.25
6.55
6.80

6.00
6.80
6.85
7.18

13.64
15.16
15.96
14.94

17.33
17.13
17.48
17.07

13.71
12.83
11.83
9.06

5.43
5.60
5.68
5.33

6.36
6.87
6.58
6.22

5.85
5.84
5.78
5.67

6.12
7.16
7.60
7.60

14.19

.

1
Data from U. S. Department of Labor, Bureau of Labor Statistics, and represent average prices in the New York market. Quotations for rosin cover grades common
to good.

WHOLESALE PRICES OF WOMEN'S DRESS GOODS >
1915

1916

1917

1918

1920

1919

1921

1922

1923

1924

1925

MONTH
Dollars per yard
January
February
March
April

.

.

_

May

June ..
July
August
September
October .
November
December

.

.

._

-

0.301
.301
.315
.315

0.325
.374
.374
.374

0.558
.558
.558
.606

0.873
.873
.873
.873

0.922
.922
.752
.752

1.055
1.085
1.085
1.085

0.946
.725
.725
.725

0.650
.650
.650
.650

0.725
.738
.750
.750

0.775
.775
.775
.775

0.784
.800
.800
.800

.315
.315
.315
.315

.374
.398
.422
.461

.655
.655
.728
.849

.873
.907
.907
.907

.825
.825
.871
.970

1.085
1.085
1.085
1.085

.725
.725
.725
.725

.650
.650
.650
.650

.750
.750
.750
.750

.775
.775
.775
.775

.800
.800
.800
.800

.315
.315
.325
.325

.485
.485
.509
.534

.849
.849
.849
.849

.907
.922
.922
.922

.970
.972
1.019
1.019

1.085
1.085
1.085
1.085

.725
.660
.650
.650

.650
.655
.725
.725

.750
.775
.775
.775

.775
.775
.775
.775

1
Data represent average prices at the mills for French serge 35-36" as compiled by the U. S. Department of Labor, Bureau of Labor Statistics.



23

VISIBLE SUPPLY OF OATS AND BARLEY
1914

1913

1915

1916

1917

1918

1919

1920

1921

1922

1923

1924

1925

MONTH
Thousands of bushels
January
February
March
April

_

12,283
16,041
17,058

OATS

29,434
25, 999
23,875
15, 129

39, 048
37, 477
30, 477
25, 772

24, 317
22, 738
22, 302
16, 321

46, 837
40, 883
38, 251
31, 412

15, 359
15, 360
19, 897
24, 075

34, 436
31, 267
26,098
23, 740

13, 120
11, 970
10, 203
8,577

36,958
37, 391
37,042
33, 429

71,602
74, 384
68, 920
59, 538

33, 165
29, 937
26, 180
23, 585

18, 712
19, Oil
17, 739
11, 568

77, 579
76, 519
67,509
50, 995

10, 016
16, 778
19, 652

10, 275
8,891
8,062
24,452

14,915
5,298
2,070
3,975

17, 993
14, 658
11, 582
31, 512

18, 957
10, 429
8,829
8,088

22, 672
14,994
10,081
22,090

17, 690
19, 747
21, 133
21, 234

7,028
4,200
4,398
9,532

30, 462
37, 399
42, 148
65, 475

50, 917
44,610
38, 224
40, 073

14,492
9,234
6,138
10, 962

7,427
6,322
3,922
13, 210

37, 520
37, 530
28,020
54,715

37, 310

31, 913
37, 742
38, 636
38, 269

17,452
18,909
25, 248
25, 126

44, 218
51, 430
53, 313
53,645

16,878
20,660
20,956
19, 737

30, 277
26, 859
33,294
37, 473

22, 708
22, 475
19, 124
15, 118

30, 983
37,939
37, 269
36, 096

71, 154
74, 720
72, 852
71, 323

37, 458
36, 461
34,887
34, 725

18, 510
22, 236
19, 858
21, 350

50, 690
71, 157
71, 997
76, 902

69,960

11, 570

May
June . . .
July
August

29,294

September.October
.
November
Denembfir

35, 453
32, 386

37,048

Thousands of bushels

BARLEY

January..
February
March
April _

5,954
5,868
5,931
3,687

8,199
7,267
6,372
3,368

7,542
6,222
4,670
3,162

6,266
6,875
5,700
4,733

7,050
6,390
6,253
5,063

5,224
5,741
6,428
5,989

10, 237
10, 742
12, 421
15,393

3,599
3,415
3,428
3,629

2,983
2,619
2,420
1,956

2,689
2,022
1,587
1,633

2,996
2,704
2,600
2,344

2,495
1,764
1,593
849

3,939
3,850
3,834
2,773

June
July
August

May

2,800
2,904
2,115
2,302

2,647
2,181
1,538
2,003

1,865
1,142
518
732

3,569
3,280
2,342
2,841

2,466
1,951
1,703
3,746

3,575
2,122
1,087
2,085

10, 179
11, 030
9,528
7,352

3,484
2,795
3,061
2,387

1,773
1,782
2,226
3,818

1,310
1,681
819
1,469

1,284
1,163
838
1,642

768
471
293
863

1,809
1,657
1,099
3,367

September
October
November
December

5,182
7,052
8,027
8,427

6,207
7,246
8,563
7,296

3,841
4,656
7,345
7,151

4,450
6,248
7,345
6,831

6,067
6,416
5,643
5,066

3,308
4,088
6,597
7,555

6,021
4,860
3,235
3,500

3,843
3,723
3,700
4,186

4,643
4,223
3,557
2,953

2,224
2,770
2, 753
3,142

2,935
3,310
3,148
3,259

4,700
5,209
5,481
5,282

6,036

1923

1924

1925

* Data from Bradstreet's representing stocks carried on Saturday nearest end of month at terminals, elevators, warehouses, docks, etc.

MANUFACTURERS'
1920

1921

MONTH

STOCKS OF POWDERED MILK

1922

1923

1924

January
February
March
April

May
June
July
August

-

.

-

..

- . -.

1922

CASE GOODS

398
398
327
196

407
402
329
277

358
536
386
261

267
242
243
235

226
245
256
282

470
468
538
1,081

509
639
532
512

369
214
301
329

236
285
153
349

164
170
162
150

342
466
466
549

470
162

1,205
952
815
481

505
485
285
353

374
393
224
778

81
221
214
185

162
319
180
214

527

150

9

2
481

348
327
196

345
402
329
277

355
536
386
261

267
242
243
235

226
245
256
282

509
639
402
386

306
153
164
203

214
261
143
322

164
170
162
150

342
466
466
549

505
485
285
351

319
375
206
369

42
210
195
170

162
319
180
206

527

5,368
15, 286
9,255
7,762

8,126
6,915
5,636
5, 794

1,798
1,688
2,485
1,716

8,446
9,328
9,973
10,207

3,824
3,291
3,094
3,369

BULK GOODS

11, 973
17, 199
11, 488
11, 272

10, 331
8,777
8,590
9,166

2,546
2,934
5,012
3,855

10, 744
12, 136
13, 279
13, 702

5,841
5,137
4,836
5,594

9,174
13, 263
7,813
8,075

12, 127
11,933
12, 950
10,044

10, 719
9,206
8,412
5,719

5,836
6,823
6,763
6,130

13, 819
14, 821
16,003
14, 679

7,831
7,634
7,814
9,228

2,226
6,078
2,348
2,460

8,224
8,155
4,636
4,099

5,399
4,218
2,645
1,916

2,573
2,528
3, 175
2,855

9,909
10, 379
11, 333
11, 461

4,835
4,311
4,614
6,496

12, 791
11, 775
11, 890
12,368

10, 264
8,701
8,616
9,594

4,180
3,634
2,514
2,117

7,702
8,810
7,778
9,290

14, 156
11,827
8,805
8,017

8,107

6,656
4,639
5,249
5,563

7,685
6,108
7,389
9,340

1,958
1,703
717
1,186

3,817
5,544
2,948
7,975

11,091
9,367
6,029
5,259

5,546

January
February
March . ..
April

September
October
November
December

1921

UNSOLD STOCKS

Thousands of pounds

May
June
July
August

1920

TOTAL STOCKS
Thousands of pounds

September
October
November
December

1925

i Data from U. S, Department of Agriculture, Bureau of Agricultural Economics, covering stocks of powdered milk derived from whole milk, skim milk and unskimmed
milk as of the end of the month.




24

INDEXES OF BUSINESS
The index numbers presented in this table are designed to show the trend in production, prices, trade,
etc., in various groups of industry and commerce. They consist in general of weighted combinations of series
of individual relative numbers; often the individual relative numbers making up the series are also given. The
function of index and relative numbers is explained on the inside front cover. A condensed form of this table
is given on page 7.
PER CENT INCREASE (+)
OB DECREASE (-)

1925

1924

Mini-

Maximum
since
Jan. 1,
1920

since
Jan. 1,
1920

179

73

97

121

152

97

114

149

+ 30.7

-2.0

146
216
137
121
241
148
176
136
131
145

62
105
41
0
0
17
74
38
57
80

121
194
86
106
93
128
158
114
92
105

122
196
93
97
85
132
158
102
94
115

128
189
109
104
78
126
166
99
109
117

136
214
102
116
108
136
165
126
94
114

142
212
116
121
109
135
164
122
89
105

126
206
121
5
94
133
161
125
80
98

-11.3
-2.8
+ 4.3
-95.9
-13.8
-1.5
-1.8
+ 2.5
-10. 1
6.7

+ 9.0
+ 11.0
95.2
+ 20.5
+ 5.6
-3.0
+ 26.3
26.6
-16.2

1S8
227
143
177
153
245
390
155
190

80
19
58
64
54
30
21
45
94

117
201
88
110
74
122
100
130
143

108
183
94
86
89
89
92
115
141

110
83
125
86
134
73
100
115
134

111
215
96
75
75
111
91
141
147

107
115
109
68
91
88
88
155
143

104
42
105
73
116
78
95
144
139

246
242
254
405
278
170

49
43
58
50
19
19

73
104
141
153
21
21

129
227
107
163
38
43

193
231
161
260
175
88

69
104
113
162
14
25

105
135
105
152
75
56

135
135
164
267
149

61
59
51
20
24

111
108
76
264
87

124
122
90
245
89

119
118
96
215
88

125
124
80
261
106

130
135
129
130
147
160
115
121
182
162
195
127
156

71
64
77
54
32
57
63
69
92
69
71
70
37

101
101
129
71
67
126
71
100
138
131
158
119
100

109
109
117
78
87
138
81
102
143
141
165
115
111

114
114
112
92
95
135
87
102
148
134
164
118
120

128
128
116
95
105
148
82
106
172
152
190
127
156

miim

July

SepAugust tember

July

SepAugust tember

September,
1925, from
August, 1925

September,
1925, from
September
1924

PRODUCTION
(Relative to 1919 monthly average as 100)
RAW MATERIALS

Grand total

- MINERALS

Total
Petroleum ..............
•
Bituminous coal
Anthracite coal
- -Iron ore *
Copper
Lead
Zinc .....
.
Gold
_
Silver
.. .
ANIMAL PRODUCTS (marketings)
Total
Wool*
Cattle and calves
Hogs
Sheep
Eggs*
Poultry *
Fish
Milk (New York)
CROPS (marketings)
Total
Grains *
Vegetables*
Fruits*
Cotton products*
Miscellaneous crops *

---

-2.8

nr\
— 63.
of3.7
+ 7.4
+ 27.5

n. 4
A

1.6

-5.5
— 4. 9
-16.0
-15. 1
13.4

+ 8.0
-7. 1
-2.8

+1_ K.o. oC
5.0
+ 25.2
+ 3.7

190
151
199
332
234
110

+ 81.0
+ 11.9
+ 89. 5
+ 118.4
+ 212. 0
+ 96. 4

-1. 6
-34. 6
+ 23.6
+ 27.7
+ 33. 7
+ 25. 0

131
135
59
231
107

129
132
72
216
105

— 1. 5
+ 22. 0
6. 5
-1.9

+ 8.4
+ 12. 7
25. 0
+ 0. 5
+ 19.3

121
121
108
91
116
160
89
106
171
162
186
120
118

123
123
103
97
118
159
89
106
182
148
183
123
121

+ 1.7
+ 1.7
4 6
+ 6.6
+ 1.7
0 6
0.0
0.0
+ 6.4
-8.6
+ 1.6
+ 2.5
+ 2.5

+ 7.9
+ 7.9
8 0
+ 5.4
+ 24.2
+ 17.8
+ 2.3
+ 3.9
+ 23.0
+ 10.4
+ 11.6
+ 4.2
+ 0.8

FOREST PRODUCTS

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

1. 5

MANUFACTURING

Grand total (adjusted for working days)
Grand total (unad j usted)
Foodstuffs
Textiles
Iron and steel
Lumber.. .....
. „
Leather
Paper and printing
Chemicals, oils, etc
_.
Stone and clay products
Metals, excepting iron and steel
Tobacco
Miscellaneous
.

* Fluctuations between maximum and minimum due largely to seasonal conditions.




25
INDEXES OF BUSINESS—Continued
Maximum
since
Jan. 1,
1920

Minimum
since
Jan. 1,
1920

155
233
189
115
175

91
73
89
58
86

162
239
187
115
175

PER CENT INCREASE (+)
OR DECREASE ( — )

1925

1924

September,
1925, from
August, 1925

September,
1925, from
September
1924

August

September

129
145
95
89
161

133
156
100
87
164

134
145
118
90
165

133
149
104
83
171

142
158
124
78
183

148
160
161
79
177

+ 4.2
+ 1.2
+ 29.8
+ 1.3
-3.3

+ 10.4
+ 10.3
+ 36. 4
-12.2
+ 7.3

84
70
68
56
89

121
112
82
100
164

120
114
83
102
159

127
119
116
100
157

125
122
87
91
172

125
118
93
91
171

139
133
159
87
167

+ 11.2
+ 12. 7
+ 71.0
-4. 4
-2.3

+ 9.4
+ 11.8
+ 37. 1
-13.0
+ 12. 7

116
112
153

40
32
25

44
31
96

46
32
107

46
34
97

51
36
113

52
36
121

52
38
109

0.0
+ 5.6
-9.9

+ 13AO
+ 11.8
+ 12. 4

126
129
136
135
133
150
* 82

60
59
43
62
88
58
46

78
93
44
83
110
79
67

83
93
56
83
107
102
68

92
106
69
93
117
116
71

83
99
45
85
111
85
79

87
97
65
83
108
105
78

95
109 1
73
94
120
112
82

+ 9.2
+12.4
+ 12.3
+ 13.3
+ 11.1
+ 6.7
+ 5. 1

+ 3.3
+ 2.8
+ 5. 8
+ 1. 1
+ 2.6
-3. 4
+ 15. 5

148

49

69

74

106

87

89

113

+ 27.0

+ 6.6

366
214
259
187
193
282
186

84
55
119
109
106
109
72

163
72
206
148
128
177
113

172
91
201
152
138
180
108

169
110
210
145
137
189
124

183
104
259
166
136
181
122

195
128
241
171
142
202
120

191
136
243
169
142
202
129

2. 1
+ 6.3
+ 0. 8
1. 2
0.0
0.0
+ 7.5

+ 13.0
+ 23.6
+ 15.7
+ 16.6
+ 3.6
+ 6.9
+ 4.0

210
151

80
100

91
123

93
126

119
137

95
124

98
131

122
143

+ 24. 5
+ 9.2

+ 2.5
+ 4. 4

85
94
79
80
93
83
98
84
94
81
93
84
82

85
95
81
79
93
87
98
84
96
81
93
84
80

89
89
86
85
93
89
99
89
97
90
91
90
91

90
90
87
85
93
93
99
91
99
91
90
91
90

91
92
87
86
94
95
100
97
100
94
92
92
90

July

July

SepAugust tember

STOCKS
(Relative to 1919 monthly average as 100)
(Corrected for seasonal variation)

Total
..
Raw foodstuffs .
Raw materials for manufacture
Manufactured foodstuffs..
Manufactured commodities
(Unadjusted Index)
Total
_
_

.... _ _

Raw foodstuffs
Raw materials for manufacture
Manufactured foodstuffs
Manufactured commodities
UNFILLED ORDERS

(Relative to 1020 monthly averages as 100)
(Iron, Steel, and Building Materials)

Total (8 commodities)
Iron and steel _._
Building materials
WHOLESALE

.
TRADE

(Relative to 1910 monthly average as 100)
(Distributed by Federal Reserve Districts)

Grand total, all classes _
Hardware (10 districts)
Shoes (8 districts)
Groceries (11 districts)
Drugs (7 districts)
Dry goods (8 districts)
Meats. _ _
RETAIL TRADE

-

(Relative to 1910 monthly average as 100)
MAIL-ORDER HOUSES (4 houses)

CHAIN STORES:
Ten-cent (5 chains)
Music (4 chains). _ _ _ .
Grocery (27 chains)
Drug (9 chains) .
Cigar (3 chains)
Candy (5 chains)
Shoe (6 chains) _
DEPARTMENT STORES:
Sales (359 stores)
Stocks (314 stores)
EMPLOYMENT

..

_

(Relative to 1923 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
Metals, except iron and steel
Tobacco products
Vehicles
Miscellaneous ..
I 3 i n i 6 Tan. 1. 1921




_
'.

87
97 I
84
80
93
91
100
88
95
79
95
84
82

+ 1.1
+ 2.2
0. 0
+ 1.2
+ 1. 1
+ 2.2
+ 1.0
+ 6.6
+ 1.0
+ 3.3
+ 2.2
+ 1.1
0.0

+ 4.6
-5.2
+ 3. 6
+ 7.5
+ 1. 1
+ 4.4
0.0
+ 10.2
+ 5.3
+ 19.0
-3.2
+ 9.5
+ 9.8

26
INDEXES OF BUSINESS—Continued
1924

Maximum
since

Jan. 1,
1920

Minimum
since

Jan. 1,
1920

July

August

PER CENT INCREASE (+)
OR DECREASE (— )

1925

Sep-

tember

July

September, September,
1925, from
Sep1925, from
August tember
August, 1925 September
1924

1

EMPLOYMENT— Continued
(Relative to 1923 monthly average as 100)
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
Metals, except iron and steel
Tobacco products__
Vehicles
Miscellaneous
PRICE INDEX NUMBERS
FARM PRICES
(Relative to 1009-1014 average as 100)
All groups.
Gram
Fruits and vegetablesMeat animals
...
Dairy and poultry.,
Cotton and cotton seed
Unclassified
WHOLESALE PRICES
Department of Labor Indexed
(Relative to 1913)
All commodities
Fftrrri prod nets
Food, etc
«
Cloths and clothing
Fuel and lighting
Metals and metal products
Building materials.
.
Chemicals
House-furnishing goods
Miscellaneous
.;._
.
federal Reserve Board Regrouping of Department
of Labor Indexes
(Relative to 1913)
All commodities
_
Producers' 1goods..
Consumers goods
..
..
Total raw products
Agricultural products.
Animal products
Forest products
Mineral products
Commercial Indexes
(Relative to 1013)
Dun's (1st of following month)
Bradstreet's (1st of following month)
COST OF LIVING
National Industrla Conference Board Indexes
(Relative to July, 1014)
All items weighted
Food (Dept. Labor).
Shelter
Clothing
Fuel and light
.
Sundries




81 >
98
72
73
92
78
97
86
94
71
93
77
84

84
96
78
76
93
87
97
87
98
72
93
81
82

86
100
84
77
96
91
101
89
98
74
97
82
85

90
93
85
85
97
85
101
92
99
81
91
90
91

91
93
87
87
97
94
102
94
105
89
92
90
93

90
93
83
85
100
91
103
96
103
87
92
91
91

-1.1

0.0
-4.6
-2.3
+ 3.1
-3.2
+ 1.0
+ 2.1
-1.9
-2.2
0.0
+ 1.1
-2.2

+ 4.7
-7.0
-1.2
+ 10. 4
+ 4.2
0.0
+ 2.0
+ 7.9
+ 5. 1
+ 17.6
-5.2
+ 11.0
+ 7. 1

235
283
373
186
215
304
180

110
88
108
91
122
76
74

132
130
142
103
122
215
101

139
141
138
116
123
219
103

133
140
113
115
133
175
100

149
152
178
148
134
186
88

153
157
178
149
139
186
96

144
148
142
143
141
178
90

-5.3
-5.7
-20.2
4.0
+ 1.4
-4. 3
-6.3

+ 9.1
+ 5.7
+ 25.7
+ 24.3
+ 6.0
+ 1.7
10.0

248
243
248
346
281
203
300
213
275
208

1S8
114
131
171
162
109
155
121
169
111

147
141
139
188
173
130
169
127
171
112

150
145
144
190
170
130
169
130
171
115

149
143
148
187
168
128
171
131
171
116

160
162
157
189
172
126
170
133
169
143

160
163
159
190
170
127
172
135
169
138

160
160
160
189
169
127
174
136
168
135

0.0
1.8
+ 0.6
-0. 5
-0.6
0.0
+ 1.2
+ 0.7
-0.6
2.2

+ 7.4
+ 11.9
+ 8. 1
+ 1. 1
+ 0.6
-0.8
+ 1.8
+ 3.8
-1.8
+ 16. 4

247
244
249

138
118
146

147
130
153

150
131
156

149
130
158

160
137
167

160
134
168

160
131
169

0.0
-2.2
+ 0.6

+ 7.4
+ 0.8
+ 7.0

249
311
218
375
272

135
122
103
152
165

153
176
114
175
167

154
175
123
175
166

153
164
123
180
166

166
173
154
180
168

168
175
155
185
170

166
169
155
184
172

-1.3
-3.4
0.0
-0. 5
+ 1.2

+ 9.3
+ 3.0
+ 26.0
+ 2.2
+ 3.6

218
227

134
115

155
137

156
139

158
141

164
155

162
153

161
154

0 6
+ 0.7

+ 1.9
+ 9.2
|

205
219
186
288
200
192

155
139
143
153
149
171

163
143
186
171
166
173

163
144
186
176
166
173

164
147
185
174
166
173

169
160
179
175
165
175

169
160
179
175
166
175

168
159
178
176
168
174

0 6
0 6
0 6
+ 0.6
+ 1.2
-0.6

+ 3.4
+ 8.2
3 8
+ 1.1
+ 1.2
+ 0.6

27

TREND OF BUSINESS MOVEMENTS
The following table contains a summary of the monthly figures, designed to show the trend in important
industrial and commercial movements. These data represent continuations of the figures presented in the
latest semiannual number (August, 1925) in which monthly figures for 1923 and 1924 may be found, together
with explanations as to the sources and exact extent of the figures quoted. For a few items earlier data are
given in more recent issues, as explained in the footnotes. 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.
1925

Where available, October data have been
included in this table. The cumulatives shown are in most instances,
however, only through September and,
where designated by a footnote, through
August* Detailed data for items shown
here may be found on pages 29 to 151
of the August, 1925, "Survey"

July

August

PER CENT INCREASE (+) OR
DECREASE (— )

1924

Septem- October
ber

August

Sep- * ST
tember, ;ember,
1925,
1925,
Septem- October
from
ber
from
SepAugust, :ember,
1925
1924

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH SEPTEMBER W

Per
cent
increase
or de^
crease

1924

1925

1925
from
1924

TEXTILES
Wool
Receipts at Boston:
Total
Domestic
_
Foreign
Imports, unmanufactured
Consumption by textile mills,
grease equivalent
Machinery activity, hourly:
LoomsWide
per ct
Narrow
per ct
Carpet and rug.per ct.
Sets of cards
per ct.
Combs
per ct
Spinning spindlesWoolen
per ct
Worsted
per ct.
Prices:
Kaw, Ohio,
M blood, unwashed
Raw, territory fine,
scoured
Worsted yarn..
Men's suitings

thous. oflbs..
thous. oflbs..
thous. oflbs..
thous. of lbs_.

45,922
38, 378
7,544
20, 802

34,998
20, 559
14,439
34, 449

20,403
7,453
12,950
18,948

thous . of Ibs . _

40,781

42,149

of hours active
of hours active
of hours active..
of hours active
of hours active

61
52
65
80
65

of hours active
of hours active
dolls, per lb__
dolls, per lb__
dolls, per lb__
dolls, per yd..

37,336
32, 660
4,676
8,631

18,986
14,865
4,121
12,129

15, 626 -41.7 +47.5
-63.7 -49.9
11,050
4,576 ! -10.3 +214. 2
16,638 | -45.0 +56.2

244, 069
160, 262
83,807
203, 171

253, 726
113, 521
140, 205
266, 985

+4.0
-29.2
+67.3
+31.4

44,383

40, 064

45,638

54,854 j

+5.3

27

383,428

390, 725

+1.9

63
57
68
82
77

69
61
65
85
79

58
54
57
73
68

66
59
65
87
86

74 I
65 !
72 !
92
98

+9.5
4-7.0
-4.4
+3.7
+2.6

+4.5
+3.4
0.0
-2.3
-8.1

79
54

79
65

82
70

72
51

86
67

91
79

+3.8
+7.7

-4.7
+4.5

.52

.51

.50

.48

.53

.57

-2.0

-5.7

1.48
1. 750
3.690

12,499
9,716 1
2,807
18,113

17,406
5,885
11, 521

.51

-2.3 -11.1
0.0
0.0
0.0
0.0

1.37
1.700
3.600

1.31
1.650
3.600

1.28
1.650
3.600

.1.32
1.650
3.600

1.36
1.600
3.600

1.44
1.650
3.600

13, 566
159
154
9,927

13, 740
1,893
780
9,266

14,759
7,102
2,332
15, 121

15,386
11, 199

12, 351
947
395
4,136

12,787
4,528
1,845
9,654

202, 468
483, 898

315, 825
448, 665

752,324
483, 266

277, 647
357,380

737, 485
438,373

947,556
532, 629

1,380
866
514

1,721
681
1,040

4,004
866
3,138

1,355
553
802

2,582
516
2,067

4,956
731
4,225

+132. 7 +55.1
+27.2 +67.8
+201.7 +51.8

1,113
2,343

1,099
2,232

2,805
3,883

823
1,898

1,970
2,619

3,358
4,267

+155. 2
+74.0

31,761
7,298
192
84.3

31, 270
6,954
184
80.5

31, 552
7,102
188
83.8

29,011
5,400
143
63.1

30, 154
6,415
170
76.4

31, 079
7,593
201
85.4

69, 364

69, 176

81, 079

71, 630

74, 213

90, 601

+17.2

69,281
39, 153
40,710
52

63,994
37,903
41, 151
50

72, 257
42, 608
40, 711
58

63, 895
35, 951
41, 850
47

70, 547
39, 753
39, 325
54

86,765
44, 331
40, 664
67

+12.9
+12.4
—1.1
+16.0

41,643

44,502

42,366

49,367

43, 224

53, 113

16, 014
12,344

15,758
12, 014

14, 025

12, 471
9,862

13, 171
11,340

13, 205
12,345

417, 603
312,962

402, 103
288, 439

371, 500
488, 596

318, 513
267, 784

325, 279
377, 770

385, 301
251, 728

.234
.248

.234
.238

.225
.236

.215
.220

.278
.293

.222
.244

.231
.245

-3.8
-0.8

.415
.543
.095
.096
182

.423
.547
.095
.104
185

.423
.563
.095
.106
187

.430

.469
.578
.093
.116
199

.432
.556
1.086
.110
193

.449
.543
.087
.103
193

0.0 -2.1
+2.9 +1.3
0.0 +10.5
+1.9 -3.6
+1.1 -3.1

6,246
44, 013

5,894
44, 047

8,408
41, 684

Cotton
Production, crop estimate
thous of bales
Qinnings (cumulative)
thous of bales
Receipts into sight
thous of bales
Imports, unmanufactured
bales
Exports, unmanufactured
(including linters)
bales. .
Consumption by textile mills
.
bales
Stocks, end of month:
Total, mills and w 'houses.. thous. of bales..
Mills
thous. of bales
Warehouses
thous of bales
World visible,
American
thous. of bales
World visible total
thous of bales
Machinery activity of spindles:
Active spindles
thousands
Total activity
millions of hours
Activity per spindle
hours
Per cent of capacity
per cent
Cotton finishing:
Orders received,
gray yardage
thous. of yds
Billings, finished goods (as
produced)
thous. of yds..
Shipments, finished goods
cases. _
Stocks, finished goods
.cases..
Operating activity
per ct. of capacity..
Manufactured goods:
Cotton cloth exports
thous. of sq. yds..
Fabric consumption
by tire manufacturers
_thous. oflbs..
Elastic webbing sales
thous. of yds..
Fine cotton goods:
Producton
pieces..
Sales
_
pieces. .
Prices:
Raw cotton to producer
dolls, per lb__
Raw cotton, New York
dolls, per lb_.
Cotton yarn—
22/1 cones, Boston
dolls, per lb..
40/13, New Bedford
dolls, per lb__
Print cloth
dolls, per yd..
Sheetings
dolls, per yd..
Cotton goods (Fairchild)... index number..
Silk
Imports, raw
Deliveries (consumption)




thous. oflbs..
bales. .
1
Revised.

4,115
5,194

.096
.108
187

+7.4
+275. 2
+199.0
+63.2

+15.4
+56.8
+26.4
+56.6

5,209
236, 698

7,255
239, 660

+39.3
+1.3

+132. 2
+7.7

+2.0
+10.2

3, 465, 942
3, 958, 408

4,914,535
4, 759, 700

+41.8
+20.2

+9.3

456, 320

678, 883

+48. 8

+2.4
+7.2
+3.5
+7.4

677, 522
372, 436

697, 437
392, 305

+2.9
+5.3

-4.8

-2.0

334, 569

408,363

+22.1

-11.0

+6.5

104, 849
283,983

132, 240
2 11, 170

+26.1
+32.4

-7.6 +14.2
+69.4 +29.3

3, 061, 868
2, 321, 379

3, 765, 688
3, 474, 980

+23.0
+49.7

40, 622
263,529

55, 226
370, 196

+36.0
+40.5

+42.4
+48.3

+0.9 +4.6
+2.1 +10.7
+2.2 +10.6
+4.1 +9.7

+1.4
-3.3

+42.7 +29.5
-5.4 +14.6
2
Eight months' cumulatives, Jan. 1 to Aug. 31.

46, §15

4,989
29,518

6,491
36,366

5,615
35, 508

28
1935
Where available, October data have been
included in this table. The cumulatives shown are in most instances,
however, only through September and,
where designated by a footnote, through
August. Detailed data for items shown
here may be found on pages 29 to 151
of the August, 1925, "Survey"

PER CENT INCREASE (+) OR
DECREASE (— )

1924

SepSeptember, tember,
1925,
1925,
from
October
from
SepAugust, tember,
1925
1924

August

September

October

August

September

35, 598
26, 505
6,321

32, 017
28, 198

42, 708
28, 169
6,615

39,423

30, 075

6,468

42, 260
21, 471

44, 398
22, 667

5,733

+33.4
—0.1
+2.3

+1.1
+31.2
+21.6

89.3
61.4
103.0

89.8
60.0
101.8

91.2
60.8
104.0

68.7
44.5
66.6

76.1
48.2
68.4

81.9
50.0
74.6

+1,6
+1.3
+2.2

+19.8
+26.1
+52.0

1,492
1,575
520

1,083
1,547
565

1,252
1,506
626

1,050
1,439
657

896
1,534
700

-27.4
-1.8
+8.7

251, 737
233, 209
1,506
305, 448

256, 249
243, 071
1,537
302, 630

180, 056

223,904

247, 194
228, 008

3,702
3,864
5,734
3,267
6,796

3, 756
4,133

1,010
1,142
14
1,182
1,047
2,716

1,119
1,223
20
1,136
1,174

2,460

16,042

61, 813
21, 722

43, 664
20, 936

thous. of Ibs. .
-thous. of linear yds

2,379
2,022

2,116

2,526

thous. of linear yds..

1,625

1,878

July

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH SEPTEMBER 30

Per

cent
in-

crease
( }
or tdecrease
(-)
1925
from
1924

1924

1925

+3.1
+7.5
-14.0

11, 751
13, 993

13, 346
14, 383
3,135

+13.6
+2.8
-11.0

+1.8
+4.2
+2.1
-0.9

+14.4
+8.1
-20.1
-4.2

1, 749, 689
24, 956

1,798,959

2, 282, 318
2, 035, 859
26, 187

+26.9
+16.4
+4.9

5,849
4,452
5,579

+1.5
+7.0
-2.9
+27.5
+0.7

+20.9
+17.0
-5.5
+4.0
+37.4

29, 956
29, 465

34, 374
34, 038

+14.7
+15.5

28, 129

35, 599

+26.6

840
1,106
48
1,149
1,199
1,416

1,017
1,103
21
959
1,473
1,811

+10.8 +33.2
+7.1 +10.6
+42.9 -58.3
-3.9
-1.1
+12.1 -2.1
-9.4 +73.7

42, 421
22, 380

55, 900

18,628

40, 846
16, 286

-29.4
-3.6

-21.9
+12.4

460, 725
224, 341

491,875
232, 677

+6.8
+3.7

2,804
2,377

1,659
1,299

1,893
1,456

2,460

+11.0
+12.3

+48.1
+63.3

20, 036
14, 918

20, 097

16,868

+0.3
+13.1

1,857

1,289

1,396

1,290

2,233

1,375

-38.4

3,498
5,597

+11.0
-1.5
+11.1 -0.6
+10.8
-5.3
-0.2 +37.0
-13.8
+19.3

34, 262
34, 962

42,806

40, 638

+18.6
+22.4
%

4,888

1,410

4,461
1,241

-9.3
-13.0

+15.5
+32.2

25,073
8,758

30, 307
12, 107

+20.9
+38.2

2,053

2,477
619

+0.8
+6.4

+32.8
+13.4

23, 139

27, 105

5,855

+17.1
+3.9

182
81, 490
45.2

+4.2
+7.1
+8.9

+15.6
+30.9
+22.1
166, 956

-8.3

TEXTILES— Continued
Silk— Continued
Stocks, end of month:
At warehouses
bales..
At manufacturers' plants _
bales. _
Price, Japanese, New York
dolls, per lb..
Silk machinery activity:
Broad looms _
per cent of operation..
Narrow looms
per cent of operation..
Spinning spindles per cent of operation..

6,664

18,971
6,076

5,439

Clothing
Men's and boys' garments cut:
Suits . _
thous. of garments..
1,632
Separate trousers
thous. of garments
1,579
Overcoats
..thous. of garments..
475
Work clothing:
Cut
dozen garments
212, 915
Shipments
dozen garments
208, 901
Returned
dozen garments. _
1,678
Stocks (end of month)
dozen garments.. 335, 640

165,998

292, 392

224, 834
1,923
315, 812

319, 594

2,912

3,107

3,597

3,205

2,645

3,524

Hosiery
Production (all classes).. thous. of dozen pairs..
Shipments
. . .thous. of dozen pairs..
Stocks...
thous. of dozen pairs..
New orders
thous. of dozen pairs
Unfilled orders . _ _ .thous. of dozen pairs __

3,697
3,753
6,114

3,332
7,645

3,095
6,265
3,203
4,548

5,565
4,167

6,842

3,533
5,889
4,006
4,980

3,771

Knit Underwear
Production
Shipments...
Returned . _.
Stocks
New orders
Unfilled orders

thous. of dozens..
thous. of dozens..
thous. of dozens..
thous. of dozens..
thous. of dozens..
..thous. of dozens..

1,033

Burlap and Fibers

Imports:
Burlap
...
.. .thous. of Ibs .
Fibers (unmanufactured)
long tons. _

52, 664

Pyroxylin Coated Textiles
Pyroxylin spread
Shipments billed .
Unfilled orders,
end of month

1,644

-1.1 +33.0

Fall River Mill Dividends
(Reported quarterly)
Total . .
thous. of dollars
Ratio to capitalization. ..per cent per quarter..

3

3

4

396

4

.890

338

4

.759

4 835
1. 898

-14.6
-14.7

-59.5
—60.0

IRON AND STEEL
Iron Ore and Pig Iron

Iron ore:
StocksTotal
thous. of long tons..
At furnaces
thous. of long tons..
OnLake Erie docks.thous. of long tons..
Consumption..
thous. of long tons
Shipments from mines.thous. of long tons..
ReceiptsLake Erie ports and
furnaces
thous of long tons
Other ports.
thous. of long tons
Pig-iron production:
Total
_
thous. of long tons
Merchant furnaces
thous. of long tons..
Furnaces in blast, end of month:
Furnaces
number-Capacity
long tons per day..
Per cent of total
per cent-Ohio gray-iron foundries:
Meltings
long tons
Meltings.
per cent of normal-Receipts
long tons
Malleable castings:
Production
tons..
Shipments
.
. tons
Orders booked
..
tons
Operating activity
per ct. of capacity. .
Wholesale prices:
Foundry No. 2,
Northern
.dolls, per long ton..
Basic (valley furnace). .dolls, per long ton..
Composite pig iron
dolls, per long ton..
1
Revised.




30, 332
24, 720
5,612

34, 605
28, 272

3,842
8,525

6,333
4,020
8,533

6,217

6,228

2,276

38, 424
31, 408
7," 016
4,011

7,656

35, 703
29, 248

7,355

7,004

6,455
2,636
6,690

5,646

5,147

4,974

2,143

1,864

2,088

2,664

2,704

2,726

3,023

627

580

617

653

1,887
474

190
86, 420
48.5

192
88, 250
48.1

200
i 94, 550
52.4

206
97, 950
53.9

63,070

17,117
85.30

15, 353

19, 125

16, 977
14, 180

15, 919
12, 227

20, 044
17, 991

53, 450
51, 384
52, 916
50.1

53, 221
49, 486
45, 142
50.0

54,943

20.26

20.26

20.56

18.00
19.72

76.80

18.00
19.78

150

37.2

15,403
54.20

84.30

50, 621
46, 530
51.7

18.30

1,517

6,165

544

173

72,235
42.9

41, 536
33, 417
8,119

15, 407

25, 054
11, 920

22, 408

11,085

20, 375
12, 528

34,350

39,261

47,305

35, 653

32.4

18.63

7,405
2,927

14,721
54.50

32,501
20.89

38, 998
31, 593

20.89
19.00

20.08
20.66
20.22
3
Quarterly figure, ending June 30,1925.

37, 617

44,884

36.9
21.56
19.00
20.41

64.50

42, 271
52, 485
44.0

+24.6 +29.9
+9.8 +54.7
+25.9 -10.5
+47.1 +62.3

182. 077
133, 319

140, 221

+5.2

+3.2 +39.9
+2.3 +34.6
+3.1 +3.7
+3.4 +40.1

442,802

509,624

+15.1
+11.4
+12.6

+1.5
+1.7
20.37
+1.5
1
Quarterly figure,
21.26
19.00

5,637

443, 201
397, 241

-4.6
-3.7
-1.6
ending Sept. 30.

493, 584

447,208

29
1925

Where available, October data have been
included in this table. The cumulaitvea shown are in most instances,
however, only through September and,
where designated by a footnote, through
August. Detailed data for items shown
here may be found on pages 29 to 151
of the August, 1925, "Survey"

September

October

3,424
Steel ingots, production thous. of long tons_.
3,088
3,493
Steel castings:
54, 474
51, 358
48, 827
Total bookings
short tons
Railroad specialties
short tons
19, 953
18, 235
17,008
34, 521
31, 819
Miscellaneous bookings
short tons
33, 123
U. S. Steel Corporation:
13, 909
14, 399
14, 093
Earnings
thous of dolls
Unfilled orders,
3,539
3,717
end of month..
thous. of long tons..
3,513
Sheets, blue, black, and galvanized:
Production (actual)
short tons
246, 404 270, 212 295, 810
Production
. _ per ct. of capacity. _
75.5
92.7
87.2
Stocks, end of mo.—
130, 940 114, 577 120, 798
Total
short tons
Unsold
...
short tons._ 42, 081
38, 476
36, 587
223, 454 243,204 262, 050
Shipments
short tons
Sales.
_
_ .short tons.. 252, 871 239, 492 286, 029
Unfilled orders, end of mo
short tons.. 475, 950 460, 530 497, 698
Steel barrels:
497, 152 498, 449 510, 869
Production
barrels
Shipments
. barrels.. 506, 894 495, 736 503, 221
Stocks, end of month.
barrels.. 44, 631
48, 052
55, 184
Unfilled orders, end of month.
barrels.. 1, 109, 383 1, 114, 667 1, 012, 576
Wholesale prices:
35.00
Steel billets, Bessemer. dolls, per long ton-35. 00
35.00
37.45
Iron and steel
dolls, per long ton..
37.39
37.35
2.63
Composite steel
dolls, per 100 lbs._
2.61
• 2.61
Cornposite finished
2.43
2.42
steel .
dolls, per 100 lbs_.
2.40
2.00
Structural steel beams.. .dolls, per 100 lbs_.
1.90
2.00

3,893

July

August

PER CENT INCREASE (+) OR
DECREASE (— )

1924

August

September

SepSeptember, tember,
1925,
1925,
October from
from
SepAugust, tember,
1925
1924

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH SEPTEMBER 30

1934

1925

Per
cent
increase
(+)
or decrease
(-)
1925
from
1924

IRON AND STEEL-Continued
Crude Steel
2,553

2,828

3,125

36, 363
14, 532
, 21,831

62, 509
29,567
32,942

66, 697
31, 130
35, 567

10, 108

10, 181

12, 236

3,290

3,474

3,525

+5.8

+7.0

190, 436
65.2

217, 981
75.7

247, 222
78.9

+9.5
+6.3

112, 729
42, 635
177, 498
207, 986
236, 614

124, 577
43,001
190, 210
227, 520
274, 325

118, 547
42, 685
229, 771
221, 773
275,953

396, 112
398, 312
45, 429
715, 480

385, 212
389, 064
41, 577
905, 870

34.25
37.61
2.61

37.75
39.36
2.76

2.41
2.00

4J09

+2.0 +23.5

26, 996

32, 412

+20.1

-21.9
-42.5
-3.4

535, 759
262, 552
273, 207

515, 664
199, 741
315, 923

-3.8
-23.9
+15.6

-2.1 +38.4

122, 175

122, 908

+0.6

+35.7
+22.5

1, 906, 079

2, 510, 290

+31.7

+5.4
-4.9
+7.7
+19.4
+8.1

-3.0
-14.9
+37.8
+25.7
+81.4

1, 833, 376 2, 273, 422
1, 664, 937 2, 186, 018

+24.0
+31.3

447, 900
441, 851
47, 626
682, 533

+2.5
+1.5
+14.8
-9.2

+32.6
+29.3
+32.7
+11.8

36.40
39.05
2.72

35.75
38.65
2.68

0.0
-0.1
0.0

-3.8
-4.4
-4.0

2.52
2.20

2.49
2.10

2.46
20.0

-0.8
+5.3

-3.6
-4.8

-4.9
-6.7
-3.9

3, 472, 518 4, 526, 695 +30.4
3, 483, 859 4, 523, 574 +29.8

Iron and Steel Products
Exports (selected series) ..
long tons..
Exports (total)
long tons
Imports
.long tons..
Structural steel, fabricated:
Bookings (prorated)
short tons..
Bookings
_. per ct. of capacity. .
Shipments (prorated)
short tons
Shipments
..
per ct. of capacity. _
Steel plate, fabricated, bookings:
Total
-.
short tons. _
Oil storage tanks
short tons..
Steel furniture:
Business groupShipments
...
thous. of dollars. _
Orders received
thous. of dollars. _
Unfilled orders
thous. of dollars ._
Shelving —
Shipments
thous. of dollars..
Orders received
thous. of dollars..
Unfilled orders
thous. of dollars ..

145, 382
188, 963
57, 099

106,462
136, 754
61, 015

117, 243
135, 989
39, 730

108, 725
133, 540
36, 269

132, 448
158, 560
37, 119

229, 100
79
237, 800
182

232, 000
80
237, 800
82

171, 100
59
203, 000
70

188, 500
65
211, 700
73

188, 500
65
220, 400
76

29, 367
6,381

26, 210
7,500

23,895
8,458

32, 315
15, 827

1,811
1,823
1,446

i 1, 689
i 1, 665
i 1, 358

482
511
399

1453
517
U47

110, 122
138, 670
50, 618
240, 700
83
246, 500
85

1

1

-26.8 -2.1
-27.6 +2.4
+6.9 +68.2

+1.3
+1.3
0.0
0.0

1, 146, Oil 1, 016, 924
1. 401, 170 1, 306, 674
345, 101
616, 176

+23.1 1, 705, 200
+23.1
+12.3 •1, 783, 500
+12.3

20, 386
i 10, 823

23, 237
7,868

-8.8 +17.2
+12.8 -21.9

1,816
1,970
1,535

1,519
1,590
1,194

1,783
• 1, 761
1,185

+7.5 +19.6
+18.3 +23.9
+13.0 +28.6

542
625
512

471
415
334

595
681
327

+19.6 +15.1
+20.9 +50.6
+14.5 +53.3

205, 215
75, 945

-11.3
-6.7
+78.5

1, 943, 000

+13.9

1, 972, 000

+10.6

234, 340
64, 259

+14.2
-15.4

2,811,845 3, 344, 308
2, 901, 536 3, 075, 856

+18.9
+6.0

Machinery
Machine tools, orders
index number. .
Foundry equipment:
Sales
dollars
Shipments
..
dollars. .
Unfilled orders
dollars..
Stokers:
Sales
... number. .
Sales
-'
horsepower
Agricultural pump shipments:
Total
thous. of dolls..
Pitcher, hand, etc
number. _
Power pumps
number
Steam, power, and centrifugal pumps:
New orders
thous. of dolls
Shipments
thous of dolls
Unfilled orders
thous. of dolls
Patents issued:
Total all classes
number
Agricultural implements
number. .
Internal-combustion engines
number..
Washing-machine sales:
Total
...number..
Flee trie
number

64.2

68.7

69.3

32.2

29.7

39.2

+0.9 +133. 3

353, 561
352, 603
457, 925

580, 865
388, 371
598, 143

296, 438
351, 121
544, 042

244, 408
284, 607
378, 016

219, 279
234, 769
327, 291

233, 756
261, 047
329, 061

-49.0 +35.2
-9.6 +49.6
-9.0 +66.2

147
58, 719

91
29, 865

119
38, 155

94
41, 931

73
25, 988

104
58, 565

+30.8 +63.0
+27.8 +46.8

827
386, 815

1,050
419, 317

+27.0
+8.4

598
59, 360
3,151

636
63, 995
3,289

1,563
1,498
3,212

1,791
1,428
3,530

1,323
1,461
3,378

3,477
57
48

3,513
50
56

4,281
68
57

76, 267
65, 459

78, 539
64, 040

78, 774
66, 601

485
47, 177
2,380

3,725
63
59

988
945
2,330

973
997
2,264

1, 001
1,152
2,197

-26.1 +36.0
+2.3 +46.5
-4.3 +49.2

10, 026
10, 315

13, 050
12, 004

+30.2
+16.4

3,270
49
62

3,721
63
60

3,276
56
70

+21. 9 +15.0
+36.0 +7.9
-5.0
+1.8

31, 456
451
493

34, 224
570
598

+8.8
+26.4
+21.3

65, 457
56, 066

67, 994
57, 883

67, 925
57, 533

+0.3 +15.9
+4.0 +15.1

547,090
459, 581

662, 185
546,986

+21.0
+19.0

63,800
74, 390

68,989
81,003

-1.0
+5.1

588, 450
667, 153

633, 782
706, 566

+7.7
+5.9

-1.4
+5.2
966,660
+7.2 1,081,990
129, 547
+1.9
-3.4
+49.2
58, 402
578, 183
4
Quarterly figure, ending Sept. J

997,661
1, 137, 589
596, 111

+3.2
+5.1
+3.1

NONFERROUS METALS
Copper and Brass
Copper:
Production68, 507
67, 393
Mines
short tons
68, 090
66, 756
73, 074
72, 861
Smelter
short tons . 76, 335
76, 571
Refined (North and South America),
* 332, 637
quarterly
short tons.. 3 337, 302
119, 166
World production, blister
short tons.. 124, 926 "I22~6l8~ 124, 970
71.215
60, 944
Domestic shiDments, refined ...short tons.. 65. 208
73. 740
i Revised.
« Quarterly figure, ending June 30,1925.



4

316, 197
116, 557
47,726

+5.6
+2.9

30

1935

Where available, October data have been
included in this table. The cumulatives shown are in most instances,
however, only through September and,
where designated by a footnote, through
A ug ust. Detailed data for items shown
here may be found on pages 29 to 151
of the August, 1925, "Survey"

August

September

88,008
242, 792
52, 354
1,395

77,343
238, 370
38, 285
1,449

73,462
243, 376
34, 516
1,438*

336, 609
350, 091

362, 901
320,958

368,405
338, 083

179, 805
180,603
111. 55

216, 768
202, 586
111. 44

237, 121
234, 057
111. 72

long tons..
long tons. .
long tons. .
long tons
dolls, per lb._

2, 414
19, 857
6,475
6,735
5,668

3,644
20,000
6,520
7,747
5,665

Retorts in operation, end of month. ..number..
Production
short tons
Stocks, end of month
short tons..
Ore, Joplin district:
Shipments
short tons..
Stocks
.short tons..
Price, slab, prime western
dolls, per lb_.

82, 140
47, 583
20, 771

July

PER CENT INCREASE (+) OR
DECREASE (— )

1924

October

August

September

SepSeptember, tember,
1925,
1925,
October
from
from
SepAugust, tember,
1925
1924

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH SEPTEM-

BER 30

1924

1925

Per
cent
increase
( }
or"tdecrease
(-)
1925
from
1924

NONFEEROUS METALS-Continued
Copper and Brass— Continued
Copper— Continued.
Stocks (North and South America) —
Refined
short tons..
Blister
short tons..
Exports
short tons
Wholesale price, electrolytic. -dolls, per lb_.
Brass faucets:
Orders received .
number of pieces..
Orders snipped
number of pieces
Plumbing fixtures:
Sales, tubular—
Quantity., ._
number..
Value
dollars..
Wholesale price, 6 pieces
dollars..

128,292
249, 795
40, 891
1,322

136,756
233, 742
48, 625
1,292

45, 528
1,293

-5.0
+2.1
-9.8
-0.8

-46.3
+4.1
-29.0
+11.3

401, 826

432, 304

+7.6

243,540
275,309

447, 604
396, 795

460, 664
446, 168

+1.5
+5.3

17 7
-14. 8

3, 305, 099
3, 497, 053

3, 323, 392
3, 938, 059

+0.6
+12.6

275, 725
273, 548

283, 933
190,438

naoo

167,497
143, 267
117.84

174, 822
146, 958
116. 15

+9.4
+15.5
+0.3

+41.6
+63.4
-5.2

2, 109, 160
1, 818, 915

1, 853, 578
1, 713, 834

-12.1
-5.8

2,309
17,642
6,360
5,365
5,611

2,464
15, 770
6,070
6,046

3,454
24,302
4,805
3,351
5,141

3,974
20,233
4,985
5,223
4,860

2,419
18,971
5,090
4,496
5,004

-36.6
-11.8
-2.5
-30.7
-0.4

-41.9
-12.8
+27.6
+2.7
+16.1

49, 160
51, 212

58, 555
58, 203

+19.1
+13.7

85, 576
47, 849
17, 032

86, 556
47,384
11, 796

89, 877
50, 497
7,475

72,1^5
41, 775
50,922

70, 875
40,852
45,720

72, 139
42, 488
38,452

+1.1
-1.0
-30.7

+22.1
+16.0
-74.2

403, 014

436, 008

+8.2

56, 893
19, 920
.0721

75, 130
28,200
.0758

70, 052
22,880
. 0775

73, 727
41,240
.0618

55, 878
45,440
.0618

65,581
43,400
.0632

-6.8

591, 750

+12.2

j -r!8.9

+25.4
-49.6
+25.4

527, 603

.0828

46, 552
7,822
43, 108
95, 731
.0815

i 46, 223
10, 775
42, 588
91, 589
.0919

45, 538
10, 819
46, 381

46, 925
7,770
43, 052
98,277
.0800

47,417
9,355
45, 577
97, 471
.0824

-1.5 -3.0
+0.4 +39.2
+8.9 +7.7

386, 494
68,378
371, 383

419, 576
92, 734
406,464

+8.6
+35.6
+9.4

.0951

44, 638
9,470
43,061
103, 457
.0783

5,184
1,490
3,694

5,442
1,373
4,069

4,621
1,041
3, 580

short tons
short tons..

516
3,091

672
3,233

511
3,003

1, 502
3,222

1,323
3,448

1,129
3,475

-24.0
-7.1

-61.4
-12.9

14, 319

6,790

-52.6

short tons
short tons..

804
7,085

749
7,190

866
7,493

1,674
3,755

1,385
4,708

1,224
5,181

+15.6
+4.2

-37.5
+59.2

14, 401

9, 142

-36.5

number..
number..

148
49, 962

1127
1 46, 201

122
48, 785

thous. of dolls..

7,006

i 5, 109

2,517

39, 582
1,648

44,883
1,798

46, 817
1,629

1,430

Tin
Stocks, end of month:
United States
World visible supply
Deliveries (consumption)
Imports
Wholesale price, pig tin
Zlnc

Lead
Production
short tons..
Ore shipments, Joplin district
short tons..
Receipts of lead in U. S. ore
short tons..
Stocks, U. S. and Mexico
.short tons..
Price, pig desilverized (New York). dolls, perlb..

.0951

+2.2

+3.5

+18.9

Babbitt Metal
Consumption:
Total apparent
Direct by producers . .
Sale to consumers

thous. of Ibs..
..thous. of Ibs .
thous. of lbs._

! —15. 1
—24 2
-12.0

MISCELLANEOUS METAL PRODUCTS
Arsenic
Crude:
Production
Stocks
Refined:
Production
Stocks.

.

_

Fire Extinguishers
Shipments:
Motor vehicles
Hand types..

—3.9
+5 6

Farm Implements
Sales in Northwest

3; 772

2,802

1,438

-50.7

-10.2

16,964

25,679

+51.4

35,892
1,393

42,340
1,503

48,373
1,534

+4.3
-9.4

+10.6
+8.4

346, 613
11,637

366, 168
11,473

+5.6
-1.4

FUELS

Coal and Coke

Bituminous:
Production
. _ .thous. of short tons
Exports .
thous. of long tons
Consumption—
By vessels clearing
port
thous. of long tons
By electric power
plants
thous. of short tons..
PricesMine average, spot. dolls, per short ton..
Wholesale, Kanawha, f. o. b.
Cincinnati
dolls, per short ton..
Retail, Chicago _ _ . dolls, per short ton..
Anthracite:
Production
.
thous. of short tons
Exports
thous. of long tons..
PricesWholesale, chestnut,
New York
dolls, per long ton..
Retail, chestnut,
New York
dolls, per short ton..
» Revised




53,203

410

444

361

317

312

351

-18.7

+15.7

2,994

3,294

+10.0

i 3, 166

13,341

3,424

3,016

3,012

3,221

+2.5

+13.7

27,436

28,960

+5.6

1.94

2.05

2.17

2.15

1.99

2.03

2.10

+5.9

+6.9

3.39
8.21

3.39
18.32

3.49
8.89

3.39

3.39
7.85

3.39
7.83

3.39
8.21

+2.9
+6.9

+2.9
+13.5

»8,293
463

» 8, 624
476

394
163

68

7,086
257

7,601
327

7,674
362

-95.4
-65.8

-94.8
-50.2

68, 389
2,636

62,883
2,757

-8.0
+4.6

11.07

11.16

11.27

11.28

11.38

11.47

11.48

+1.0

-1.7

13.88

14.03

15.04

13.78

14.13

14.17

+7.2

+6.4

31
1925

Where available, October data have been
included in this table. The cumulatives shown are in most instances,
however, only through September and,
where designated by a footnote, through
August. Detailed data for items shown
here may be found on pages 29 to 151
of the August, 1925, "Survey"

July

August

September

602
i 3, 162
64

1934

PER CENT INCREASE (+) OR
DECREASE (— )

Septem
ber

SepSep- tember,
tember,
1925,
1925,
from
from
SepAugust, tember,
1925
1924

October

August

746
3,181
84

1,006

434
2,446
42

523
2,546
42

631
2,900
56

3.70

6.53

3.00

3.13

3.13

+16.0

+18.2

October

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH SEPTEMBER 30

Per
cent
increase
( }
or tdecrease
(-)
1925
from
1924

1924

1935

7,507
24,901
487

7,125
29, 256
564

-5.1
+17.5
+15.8

534,414

569, 297

+6.5

FUELS— Continued
Coal and Coke— Continued

Coke:
ProductionBeehive
thous. of short tons
By-product. . .thous. of short tons
Exports
thous. of long tons
Price, furnace,
Connellsville
dolls, per short ton

532
13,171
64

2.91

3.19

+23.9 +42.6
+0.6 +24.9
+31.3 +100.0

Petroleum
Crude petroleum:
Production
thous of bbls
67,318
Stocks, end of monthTank farms and pipe
lines.
.thous. of bbls
352, 698
Imports. _
thous. of bbls..
4,283
ConsumptionRun to stills.
.thous. of bbls
67, 577
Oil wells completed
.number
1,791
Mexican fieldStorage, Tampico
thous. of bbls.. 17, 616
Price, Kansas- Oklahoma dolls, per bbl__
1,800
Gasoline:
Production..
thous. of gals.. 966, 908
Exports
thous. of gals.. 104, 857
Consumption
thous. of gals.. 963,072
Stocks, end of month
thous. of gals.. U,610,790
Price, motor, New York
dolls, per gal..
.220
Retail distribution, 21 States.thous. of gals.. 1 329, 171
Kerosene oil:
Production
thous. of gals.. 193,471
Consumption
thous. of gals.. 149, 534
Stocks
thous. of gals.. 444, 020
Price, 150° water white
dolls, per gal..
.072
Gas and fuel oil:
Production.
thous. of gals.. 1,444,984
Consumption—
By vessels
thous. of gals.. 157,071
By electric power plants.thous. of gals.. i 35, 806
Stocks at refineries,
end of month _ _
thous. of gals.. 12,352,447
Price, Okla.,24-26atrefineries_dolls.per bbl__
.906
Lubricating oil:
Production
thous. of gals.. 104, 396
Consumption
thous. of gals.. 62, 557
Stocks at refineries,
end of month _ _
thous. of gals.. 1 287, 569
Price, Pa., 600° fil., "D"
at refineries
_
dolls, per gal..
.184

i 66, 887

64,907

61,704

59, 611

59, 937

-3.0

+8.9

1344,304
4,045

343,740
4,027

362, 985
5,762

363, 700
5,354

362,374
4,873

-0.2
-0.4

-5.5
-24.8

60,413

48, 387

-19.9

67,010
1,580

62, 278
1,501

54,658
1,389

53, 617
1,126

55, 779
1,060

-7.1
-5.0

+16.2
+33.3

477,412
11,487

553,005
12, 778

+15.8
+11.2

18,488
1,720

1,550

20,970
1,375

21,413
1,313

21,413
1,250

-9.9

+18.1

750,264
755, 780
760,647
113, 901
108, 685
90,907
718,069
751,499
819,468
1,311,021 1, 229, 606 1,152,374
.175
.188
.170
.140
269, 142
287, 514
268,404

-6.8
-24.4
-8.9
-1.7
-15.8

+20.8
-22.7
+18.2
+23.1
-2.9

6, 641, 374
894,447
5,663,854

8,048,087
938, 176
6, 983, 842

+21.2
+4.9
+23.3

232, 666
134,909
308, 125
.083

+5.2
+21.1
-12.2
+2.8

-6.6
+32.0
+18.4
-10.8

1,811,090
1, 124, 666

1, 858, 730
1, 233, 328

+2.6
+9.7

1,600

972, 689
906, 109
116,481
88,011
931,901
848, 867
11,540,716 1, 514, 150
.202
.170
333, 768
187, 984
148,874
401,490
.072

197, 834
180, 298
352, 656
.074

.077

1,404,459 1, 280, 955

139, 282
131,904

112,089
80, 686

107, 717
82, 676

i 282, 513

283, 925

.161

211,830
136, 544
297, 749
.083

-8.8

+15.0

9, 966, 046 11,429,604

+14.7

173,880
59,024

+11.9
+11.3

+1.8
-39.1

1,328,104
537, 262

1,358,380
328,078

+2.3
-38.9

1, 658, 671 1, 639, 869 1, 611, 586
.781
.920
.933

+0.2
+1.4

+53.8
+14.1

858, 366
564,468

967, 158
648, 135

+12.7
+14.8

1, 167, 211 1,113,911 1,160,683

155, 793
35, 512

12,517,118 2,521,397
1.035
1.050

204,107
133,473
304, 136
.072

155,900
62,948

1.056

.153

.159

153,090
58, 352

92, 761
66, 368

90,228
64,244

97,223
61,801

-3.9
+2.5

+19.4
+28.7

242, 753

243, 883

247, 998

+0.5

+16.4

.165

.179

.186

-5.0

-14.5

AUTOMOBILES

Production:
Passenger carsTotal
.
.number of cars
United States
number of cars .
Canada
number of cars
TrucksTotal
number of cars..
United States
number of cars..
Canada
- number of cars
Exports:
Assembled—
Total
.
. number of cars
Passenger cars
number of cars .
Trucks
_
.number of cars
Accessories and parts
thous. of dolls..
From Canada—
Total
....
..number of cars
Passenger cars
number of cars..
Trucks ... ... .number of cars
Internal-revenue taxes collected on:
Passenger automobiles and
motor cycles
thous. of dolls
Automobile trucks and
wagons
thous. of dolls
Sales of automobile accessories
and parts
thous. of dolls..
Foreign assemblies
number of cars
New passenger-car registrations: °
Total
number of cars
Highest price
number of cars
Second highest . _
.number of cars
Third highest
number of cars
.•Lowest
number of cars
MisccllHnPiQlls

i 358, 554 i 221, 813
i 347, 414 i 214, 383
i 7, 430
i 11, 140

272, 396
262,036
10, 360

255, 232
249, 796
5,436

263, 528
256, 940
6,588

260, 881
254,524
6,357

+22.8
+22.2
+39.4

+3.4
+2.0
+57.3

2, 615, 441
2, 517, 195
98,246

2, 789, 463
2, 680, 324
109, 139

+6.7
+6.5
+11.1

i 41, 773
i 39, 993
1,780

i 37, 713
i 36, 277
1,436

60, 363
57,883
2,480

28, 647
27, 767
880

31, 960
30,609
1,351

32, 475
31, 205
1,270

+60.1
+59.6
+72.7

+88.9
+89.1
+83.6

289,422
275, 982
13,440

376, 678
360, 377
16, 301

+30.1
+30.6
+21.3

20, 859
16, 567
4,292
5,704

33, 240
26, 516
6,724
6,021

22, 814
18, 780
4,034
7,561

13, 914
12,220
1,694
4,596

13, 961
11, 655
2,306
4,829

17, 097
14, 373
2,724
5,534

-31.4
-29.2
-40.0
+25.6

+63. 4
+61.1
+74.9
+56.6

134, 447
114, 110
20, 337
57, Oil

218, 383
180, 037
38,346
62, 436

+62.4
+57.8
+88.6
+9.5

4,284
3,021
1,263

4,431
2,985
1,446

5,547
4,030
1,517

3,147
2,575
572

2,930
2,179
751

4,514
3, 481
1,033

+25.2 +89.3
+35.0 +84.9
+4.9 +102. 0

41,564
32,203
9,361

49, 873
38, 475
11, 398

+20.0
+19.5
+21.8

12, 333

10, 198

11,800

6,156

9,278

7,469

+15.7

+27.2

80, 588

84, 897

+5.3

660

558

1,463

702

545

1,301 +162. 2 +168.4

8,150

6,156

-24.5

36, 899
16, 194

49, 156
15, 596

53, 381
11, 530

48, 380
11,460

37,780
12,019

39, 339
12, 584

+8.6
-26.1

+41.3
-4.1

451, 288
107,222

345, 142
133,878

-23. 5
+24.9

319,964
8,290
54, 777
54, 967
199, 003
2,927

261, 307
8,144
51, 872
49, 056
150, 457
1,778

long tons..
long tons

i 43, 041
32, 455

45, 013
33, 413

26, 367

34,992
21, 772

38, 960
26, 801

34,290
38,997

-21.1

-1.6

2 271, 549
230,300

* 320, 747
284, 497

+18.1
+23.5

long tons
long tons..

3 95, 771
382.007

-4.4
-4.2

+21.3
+21.7

218,387
181, 768

274, 947
231, 902

+25.9
+27.6

T>nmbpr of na.rs

RUBBER
Crude:
World shipments, plantation
Imports (including tax) _ .
Consumption (quarterly) :
Total
For tires

< 91, 534
478,552

i Revised.
Eight months cumulatives, Jan. 1 to Aug. 31.
« See table on p. 14 of the October, 1925, issue for earlier data.

J




* 75, 432
< 64, 525
3
Quarterly
4

figure, ending June 30,1925.
Quarterly figure, ending Sept. 30.

32

Where available, October data have been
included in this table. The cumulatives shown are in most instances,
however, only through September and,
where designated by a footnote, through
August. Detailed data or items shown
here may be found on pages 29 to 151
of the August, 1925, ''Survey"

RUBBER— Continued
Crude— Continued.
Stocks, end of quarter:
Total
_long tons. _
Manufacturers
long tons
Dealers
long tons..
Afloat
long tons
Stocks, end of month:
Plantation, afloat
long tons
Consumption by tire mfrs.-thous. of lbs_.
Wholesale price, Para, N. Y _ _ dolls, per lb._
Reclaimed rubber (quarterly) :
Production
long tons
Stocks end of quarter
long tons
Scrap rubber (quarterly) :
Stocks at reclaimers
long tons__
Consumption by reclaimers
long tons
Tires and Tubes
Pnuematic tires:
Production
Stocks, end of month .
Shipments, domestic
Inner tubes:
Production
Stocks, end of month. .
Shipments, domestic
Solid tires:
Production
Stocks, end of month
Shipments, domestic

July

August

4
4
4
4

3 47, 770
3 22, 525
3 26, 183
3 48, 708
56, 800
53, 197
825

September

62, 400
52, 171
663

3 27, 523
3 8, 820
3 46, 152
3 35, 414

4
4

August

September

4
4
4
4

33, 131
24, 668
25, 812
50, 480
46, 745
590

4

October

773

Sep.
tember,
1925,
October
from
August,
1925

49, 645
14, 353
36, 407
50, 760
53, 700
43, 921
227

48, 160
40, 385
211

50,600
46, 045
262

BER 30

Sep;ember,
1925,
from
Sepember,
1924

1924

1935

Per

cent
increase(+)
or decrease(-)
1925
from
1924

—30.6
+9.5
-1.4
+3.5

-33.3
+71.9
-29.1
-0.6

-10.4
-11.0

+6.4
+159. 9

329, 033

431, 532

+31.2

--

—

31, 909
7, 762

* 416, 678
7, 620

+15.9
-12.0

+91.3
+1.9

50, 809

84, 785

+66. 9

74, 809
40, 780

4
4

+62.1 +101. 4
+15.2 +81.3

74, 314

108, 824

+46.4

+6.3
+27.3
-0.8
i o
-4.8
+7.3 +23^6
-4.9
-5.2

28, 221

35, 512

+25.8-

27, 241

33, 889

+24.

37, 826

47,053

+24.4

37, 154

46, 145

+33.3
-4.2
-15.2

422

482

+14.2

400

459

+14. g

2 16, 130
2 7, 809
2 3, 337

2 214, 020
4, 736
2
4, 538

-13.1
-39.4
+36. 0-

257, 581
31, 228
126, 677
39, 845
45, 996

289, 123
24, 282
130, 670
63, 153
52, 113

+12.2
-22.2
+3.2
+58.5
+13.3-

10, 733
192, 326
575, 505
953, 861
284, 900

11, 428
205, 075
562, 295
886, 477
306, 485

+6.5
+6.5
+-2.3
-7.1
+7.6

16, 558
62, 789

14, 264
66, 415

-13.9
+5.&

4

3,755

37, 136
22, 498

4,191
thousands
thousands . . 4,815
4,624
thousands

4,205
5,446
3, 454

3,293

4,477
3,688

thousands-thousands _ _
thousands

5,658
6,477

5,713

5,440
7,463

5,016

6,761

5,101

4,851

5,758
5,552

5,119

4,177

thousands
thousands-thousands

58
112
58

62
125
44

56
136
39

38
146
45

42
142
46

48
145
45

1,587
595
693

2,326

1, 668
656
543

2,297

2,830

28, 780

28, 624
3,921
9,165

27, 055
1,977
12, 872

27, 764

27, 301
4,198
13, 586

26, 719

15, 066

244, 946
197, 628
29, 958
17, 360

247, 093
196, 965
31, 922
18, 206

256, 232
212, 223
28, 112
15, 897

-1.3
-2.2
+1.7
+1.9

+1.8
-2.1
+20.5
+11.2

.156
.194

.161
.198

.163
.194

+0.6
-7.0

+9.9
0.0

6,953

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH SEPTEM-

PER CENT INCREASE (+) OR
DECREASE (— )

1934

1925

. 3, 235

5,761

3,319

3,877
5,338
3,046

5,506
6,039

5,896
7,352

3,531

4,524

-10.7
+5.8
-4.7

-9.7
+8.8
-11.4

4r

+24.2

Other Rubber Products
Rubber-proofed fabrics:
Production—
Total.
Auto fabrics
Clothing fabrics

thous. of yds_.
thous. of yds_.
thous of yds

646
1,206

884
784

1,181
998

HIDES AND LEATHER
Hides

Imports:
Total hides and skins...
thous. of lbs__
Calfskins
thous of Ibs
Cattle hides
thous. of Ibs
Goatskins
thous. of Ibs
Sheepskins
..
thous. of Ibs
Stocks, end of month:
Total hides and skins
thous. of Ibs. _
Cattle hides
thous. of Ibs..
Calf and kip skins
_ thous. of lbs_ _
Sheep and lamb skins
thous. of Ibs..
Prices:
Green salted, packers' heavy native
steers
dolls, per lb_.
Calfskins, country No. 1
dolls, perlb..
Leathcr
Production:
Sole leather thous. of backs, bends, sides
Finished sole and belting
thous. of lbs_.
Finished upper
thous. of sq. ft..
Oak and union harness
stuffed sides..
Skivers
doz
Unfilled orders:
Oak and union harness
_
sides..
Stocks in process of tanning:
Sole and belting
-thous. of Ibs. _
Upper
_
thous. of sq. ft._
Stocks, end of month:
Sole and belting
_
thous. of Ibs..
Upper
thous. of sq. ft.
Exports:
Sole
thous. of Ibs
Upper
thous. of sq. ft..
Prices:
Sole, oak, scoured backs,
heavy, Boston
_
dolls, per lb_.
Chrome calf, "B" grades.. dolls, per sq. ft..

2,624

12, 712

6,358
4,755

7,040
6,442

6,095
4,002

3,224
4,870

2,972
5,046

3,469

13, 897

3,879
4,556

-5.5
-0.9
-49.6 -52.9
+40.4 -5.3
-13.4 +105. 1
-37.9 -20.7

259, 078
202, 014
36, 749
20, 315

254, 801
197, 111
37, 814

- 19,876

251, 459
192, 753
38, 456
20, 250

.166
.218

.176
.213

.177
.198

1,293
23, 707
57, 718
99, 889
30, 613

1 1, 279
23, 617
61, 999
i 94, 925
i 30, 662

1,111
20, 701

62,645
96, 548
33, 439

1,169
21, 006
56, 972
86, 013
32, 057

1,225
21, 094
60, 381
95, 348
33, 377

1,351
23, 389
68, 377
101, 167
40. 539

-13.1
— 12.3
+1.0
+1.7
+9.1

-9.3
-1.9
+3.7
+1.3
+0.2

229, 537 i 220, 366

215, 929

200, 031

179, 968

168, 642

-2.0

+20.0

91, 125
135, 871

88, 487
144, 392

88, 202
145, 869

87, 632
125, 322

88, 130
129, 975

88, 504
127, 332

-0.3
+1.0

+0.1
+12.2

134, 726
304, 082

133, 679
295, 988

131, 377
296, 174

144, 681
346, 867

138, 417
334, 819

134, 272
324, 922

-1.7
+0.1

-5.1
-11.5

1,206

7,422

1,716
6,711

1,637
7,991

2,076
6,260

1,817

1,923

7,504

-4.6
+19.1

-9.9
+19.6

.460
.460

.460
.460

.460
.460

.440
.460

.445
.460

.445
.460

0.0
0.0

+3.4
0.0

327
552

348
581

338
576

+2.6
+4.5

+3.7
+7.1

3,279
5,591

3,352
5,738

+2.2
+2.6

25, 473
512

27, 716
480

30, 826
552

+4.1
-12.4

+7.0
-16.5

232, 479

243,353
4,975

+4.7
+5.9

Leather Products
Belting sales:
Quantity
thous. of Ibs
346
352
361
Value
thous. of dolls..
622
588
595
Boots and shoes:
Production
thous of pairs
24, 758 i 28, 486
29, 659
Export.
thous. of pairs
448
458
401
Wholesale pricesMen's black calf,
blucher, Mass
.dolls, per pair..
6.40
6.40
6.40
Men's dress welt, tan
calf, St. Louis
dolls, per pair..
5.15
5.15
5.15
Women's black kid, Goodyear
welt, St. Louis
dolls, per pair..
4.00
4.00
4.00
1 Revised.
2
Eight months cumulatives, Jan. to Aug. 31.




3,887

'

.174
.200

.460
.460

6,679

6.40

6.25

6.25

6.25

0.0

+2.4

5.15

4.85

4.85

4.88

0.0

+6.2

4.00

3.85

3.85

3.85

l

0.0 +3.9
a Quarterly figure, ending June 30,1925.
4
Quarterly figure, ending Sept. 30,1925.

4,697

33

1925

Where available, October data have been
included in this table. The cumulative* shown are in most instances,
however, only through September and,
where designated by a footnote, through
August. Detailed data for items shown
here may be found on pages 29 to 151
of the August, 1925, "Survey"

July

August

PER CENT INCREASE (+) OR
DECREASE (— )

1924

September

October

August

September

359, 165

439, 740

September,
1925,
October from
August,
1925

September,
1925,
from
September,
1924

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH SEPTEMBER 30

1924

1925

4, 344, 283

4, 661, 185

Per
cent
increase
(+
}
or decrease
(-)
1925
from
1924

HIDES AND LEATHER-Continued
Leather Products— Continued
Gloves:
Glove leather—
Production
number of skins
442, 059 456, 059 482, 137
Stocks (tanned)—
In process
number of skins.. 1, 205, 971 1, 167, 838 1, 127, 024
Finished
number of skins.. 420, 949 382, 678 343, 559
Gloves cutTotal
..dozen pairs. 196, 614 207, 094 207, 796
Dress and streetImported leather
dozen pairs.. 40, 153
44, 315
45, 986
32, 374
Domestic leather
dozen pairs
24, 437
31, 932
Work gloves _ .
dozen pairs.. 124, 087 129, 176 139,044

525, 459

1, 448, 968 1, 400, 848 1, 365, 963
534, 581 493, 927 404, 552

189, 752

183, 865

194, 368

33, 279
30, 466
126, 007

32, 227
27, 431
124, 207

35, 819
28, 357
130, 192

100, 594
134, 505
212, 666
24, 777

116, 540
128, 183
218, 334
21, 204

114, 737
128, 226
204, 725
24, 527

145, 523
155, 348
194, 882
30, 565

193, 158 i 198, 142 193, 680
190, 358 i 1196, 642 187, 974
41, 534
40, 220
41, 720
107, 752 106, 879 111,163
2.68
2.68
2.68

179, 046
180, 640
52, 840
120, 816
2.53

185, 800
188, 082
48, 888
132, 350
2.51

227, 424
229, 032
48, 562
135, 238
2.51

121, 019
127, 409
145, 002
110, 688
1,869

116, 288
117, 059
120, 408
110, 228
1,475

116, 753
116,743
131, 588
107, 990
908

129, 852
130, 281
147, 467
114, 121
1,677

27, 326
159, 926
31, 054
3.70

28, 631
189, 097
36, 143
3.78

28, 439
196, 716
30, 058
3.78

28, 229
187, 158
33, 575
3.78

610
165
11, 036
93

641
149
11, 751
93

799
93
12, 584
105

+5.7
-3.5
-10.2
+0.3
-3.6
-23.5
+7.6

+9.6

+7.3

-19.5
-30.4
+13.0

1,742,273

1, 816, 885

+4.3

+37.5
-10.9
+11.9

288, 196
282, 594
1, 171, 483

371, 807
282, 372
1,162,706

+29.0
-0.1
-0.7

+0.8 -12.3
+4.0 +4.9
-13.8 +3.9
-17.0 +1.0
-2.3 +4.2
-4.4 -0.1
-0.4 —15.0
+4.0 -16.0
0.0 +6.8

1, 358, 033
1, 262, 468

1, 275, 429
1, 272, 713

PAPER AND PRINTING
Wood Pulp
Mechanical:
Production
short tons
Consumption and shipments.. .short tons..
Stocks, end of month
short tons..
Imports
I
short tons..
Chemical:
Production
.short tons..
Consumption and shipments.. .short tons,.
Stocks, end of month
short tons. .
Imports
short tons
Price
dolls, per 100 lbs_.

118, 571 1 99, 794
136, 391 * 129, 329
276, 345 * 246, 691
23, 369
29, 859

Newsprint Paper
Production
short tons
121,113 120, 902
Shipments _
short tons.. 119, 149 119, 752
Consumption
short tons
131, 001 i 135, 054
Imports
..
.short tons.. 117, 479 102, 741
968
Exports
short tons..
1,558
Stocks, end of month:
At mills
..short tons.. 34, 079
35, 077
At publishers
short tons.. 166, 348 i 167, 119
In transit to publishers
short tons.. 29, 361
30, 233
Price, roll, f. o, b. mill
dolls, per cwt__
3.70
3.70

2.73

3.70

166, 524

231, 483

It 765, 104
1, 789, 534

1, 823, 464
1, 821, 644

900, 155

994, 166

-6.1
+0.8
+39.0
+3.3
+1.8
+10.4

+0.1 +3.7
+6.4 +9.1
+7.4 +10.2
+7.7 +2.5
+20.0 +105. 8
-22.1 -3.9
+37.7 -18.7
+2.7 +3.3
0.0 -2.1

1, 101, 401
1, 095, 972
1, 205, 419
1, 004, 979
12, 663

1, 123, 498
1, 116, 311
1, 284, 229
1, 056, 391
16, 065

+2.0
+1.9
+6.5
+5.1
+26.9

-0.6 +8.4
-15.8 -21.5
+7.7 +10.4

5,094
1,288
99, 703

5,867
1,196
105, 886

+15.2
-7.1
+6.2

+1.4 72, 703, 538
+1.2
+5.3 1, 606, 933
+14.0 1, 611, 629
+6.0
+2.8 1, 532, 897
+5.8 1, 605, 162
+12.2

70, 695, 604

1, 602, 422
1, 681, 744

-2.8
+4.6
+4.8
+4.5
+4.8

908, 926

960, 344

+5.7

753, 112

804. 362

+6.8

276, 085

332, 383

+20.4

806, 134

898, 558

+11.5

Printing
Book publication:
American manufacture
no. of titles..
Imported
no. of titles. .
Sales books shipments
thous of books
Printing activity
weighted index number..

546
79
9,533
191

699
139
12, 042
90

695
117
12, 973
91

Boxboard
Operation
inch hours 8, 272, 036 8, 012, 001 8, 152, 403
Operation
per ct. of capacity..
94.6
100.4
102.2
196, 522 195, 527 198, 761
Production
tons
Orders received . .
tons.. 216, 013 210, 385 191, 840
Unfilled orders (end of month).
tons.. 111,919 119, 248 109, 191
Consumption of waste paper _
tons.. 184, 295 187, 301 187,620
Shipments
tons
190, 667 203, 766 202, 238
Stocks (end of month)
tons.. 64, 600
52, 072
55, 560
Stocks of waste paper (end of month):
On hand.
tons.. 160, 099 149, 984 155, 476
11,953
14, 598
In transit
_
- .
tons _
13, 366
Unshipped purchases
tons.. 34, 358
29, 761
35, 721
Other Paper
Book paper:
Production
short tons . 101, 817
Stocks, end of month
short tons.. 61,600
Wrapping paper:
87, 586
Production
short tons
Stocks, end of month
short tons-- 105, 514
Fine paper:
Production
short tons
35, 143
Stocks, end of month
short tons.. 50, 001
All other grades:
94, 629
Production
.
. short tons
Stocks, end of month
short tons.. 1 67, 594
Total paper (inc. newsprint and boxboard):
Production
_
short tons- 636, 810
Stocks, end of month
short tons.. 1 383, 388

7, 973, 129 8, 036, 712 8,422,014
100.2
101. 0
96.6
183, 570 188, 669 196, 633
202, 919 168, 299 180, 846
87, 563
122, 927 103, 056
181, 752 182, 521 189, 187
184, 941 191, 203 198, 352
44, 682
48, 935
46, 401

161, 793
17,002
34, 919

172, 240
15, 319
41, 766

175, 946
14, 921
27, 804

+1.8
+1.8
+1.7
-8.8
-8.4
+0.2
-0.7
-6.3
+3.7
-8.4
+20.0

Q

1, 686, 934
1, 689, 259

T

-12! 7
-14.5

105, 890
64, 064

103, 772
65, 912

98, 401
49,642

100, 369
47, 160

111,410
48, 103

* 93, 002
* 99, 284

86, 146
90, 591

83, 829
115, 293

89, 114
111, 803

90, 130
104, 867

36, 399
51, 145

35, 750
49, 558

27, 516
49, 295

28, 959
50, 685

33, 125
50, 174

99, 672
65, 612

98, 691
62, 918

90, 135
59, 702

94, 157
57, 194

109, 906
57, 602

-2.0 +3.4
+2.9 +39.8
-7.4
-3.3
-8.8 -19.0
-1.8 +23.5
-3.1 -2.2
+4.8
-1.0
-4.1 +10.0

* 651, 392
1 370, 742

644, 139
348, 377

599, 388
351, 074

617, 474
341, 746

670, 633
333, 622

-1.1
-6.0

+4.3
+1.9

5, 448, 163

5, 806, 079

+6.6

361, 424
280, 261
81, 163

370, 315
290, 698
79, 617

287, 937
219, 141
68, 796

302, 181
231, 066
71, 115

331, 390
256, 410
74, 980

+2.5 +22.5
+3.7 +25.8
-1.9 +12.0

2, 695, 089
2,008,929
685, 560

3, 027, 716
2, 338, 976
688, 730

+12.3
+16.4
+0.5

79
80

81
82
79

68
65
74

52
69
79

77
77
78

+2.6 +55. 8
+2.5 +18.8
0.0
+6.8

Paperboard Shipping Boxes
Production:
Total..
Corrugated..
Sold
fiber
Operating activity:
TotalCorrugated..
Solid
fiber
i Revised.

thous. of sq. ft.. 340, 608
thous. of sq. ft_. 257, 899
82, 709
thous. of sq. ft
per cent of normal..
per cent of normal. .
per cent of normal. .




76
75
77

34

1925

Where available, October data have been
included in this table. The cumulative* shown are in most instances,
however, only through September and,
where designated by a footnote, through
A ugust. Detailed data for items shown
here may be found on pages 29 to 151
of the August, 1925, "Survey*'

July

August

PER CENT INCREASE (+) OR
DECREASE (— )

1924

September

October

August

September

SepSeptember, tember,
1925,
1925,
October
from
from
SepAugust, tember,
1925
1924

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH SEPTEMBER 30

Per
cent
increase
(+)
or decrease
(-)
1925
from
1924

1921

1925

710, 432
89,840

792,046
103, 315

+11.5
+15.0

9,581
10,834
42,868
45,898
1,270,427 1,369,429

+13.1
+7.1
+7.8

PAPER AND PRINTING— Continued
Other Paper Products
Rope paper sacks, shipments... index numberAbrasive paper and cloth:
Domestic sales
reams..
Foreign sales
reams .

136

151

133

165

156

153

-11.9

-14.7

78, 130
11, 407

i 85, 104
18,947

86,448
10,997

70,491
10,916

79,828
8,228

86, 587
8,591

+1.6
+22.9

+8.3
+33.7

38.4
12,332

46.6
U2,391

46.2
12,228

22.4
13,917

28.4
13,782

32.1
13, 607

-0.9
-1.3

+62.7
-11.3

36.1
27.9
34.3

44.1
40.6
40.8

45.9
45.4
47.8

38.1
28.4
37.8

48.7
37.7
44.3

45.8
45.7
48.3

+4.1
+11.8
+17.2

-5.7
+20.4
+7.9

Rental advertisements:
1,109
Portland, Oreg
.* . .
.number..
3,759
Minneapolis , Minn
number. _
Real estate conveyances (41 cities)
number.. 162,256

1,298
9,058
145,571

1,510
8,497
149, 156

1,160
7,611
131,839

1,302
7,508
131, 430

1,299
6,226
150,824

+16.3
-6.2
+2.5

+16.0
+13.2
+13.5

195
194

192
193

194
195

195
199

202
203

196
199

+1.0
+1.0

-4.0
-3.9

205

205

1206

213

211

208

-1.5

-4.3

194

194

194

196

196

195

0.0

-1.0

199
208
201
199

199
209
200
200

200
210
199
200

203
216
207
204

203
216
206
203

204
216
206
202

+0.5
+0.5
-0.5
0.0

-1.5
-2.8
-3.4
-1.5

13, 153
5,643
48,081
7,645

17, 295
4,773
52,096
5,246

13, 262
8,643
46, 790
4,744

8,361
3,967
27, 908
4,401

8,751
4,216
28, 236
4,857

9,664
4,478
32, 143
4,127

7, 251
82,210

8,736
88,594

8,27j)
86, 167

4,968
50, 767

5,234
51, 631

4,195
55,087

67, 166
58, 148
224, 713
57,572

105, 849
22, 693
263,485
33,667

80,171
43,298
250,417
35, 217

41, 151
30, 380
148, 232
31, 771

43,316
35, 222
143, 706
31, 728

48,658
72,743
529,000

67, 996
96,000
589, 690

59,445
79,668
548, 217

37, 613
65,296
354,443

29,622
1,485

23,349
575

25,396
395

31,349
303

BUTTONS
Fresh-water-pearl buttons:
Production
per ct. of capacityStocks, end of month
thous. of gross..
GLASS AND OPTICAL GOODS
Illuminating glassware:
Net orders
Actual production
Shipments billed

per ct. of capacity..
per ct. of capacityper ct. of capacity —

BUILDING CONSTRUCTION AND
HOUSING

Building Costs (Index Numbers)
Building materials:
Frame house, 6-room, 1st of following mo—
Brick house, 6-room, 1st of following mo —
Building costs (Engineering News Record), 1st
of following month
Concrete factory costs (Aberthaw), 1st of following month
Construction index:*
Frame
index number..
Brick, wood frame
index number..
Brick, steel frame
index number..
Reinforced concrete
index number..

205

Construction 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 dollsEducational buildings
thous. of dolls..
Other public and semipublic
buildings
thous. of dolls..
Public works and utilities. .thous. of dolls..
Grand total
thous. of dollsFire losses:
United States and Canada.thous. of dolls..
Great Britain.
..thous. of £ sterling—

23,991

-23.3
+51.5
+81.1 +105. 0
-10.2 +65.7
-2.3
-9.6

84, 913
36, 748
322, 231
48, 036

114,025
47, 285
389, 684
48, 200

+34.3
+28.7
+20.9
+0.3

-5.3
-2.7

+58.0
+66.9

44, 550
542,456

55, 925
664, 154

+25.5
+22.4

55, 969
29,033
166, 199
27,675

-24.3
+90.8
-5.0
+4.6

+85.1
+22.9
+74.3
+11.0

446, 422
261,088
1, 525, 737
295, 657

650, 655
316, 784
1,918,921
331,319

+45.7
+21.3
+25.8
+12.1

38, 310
52,034
344,316

29,991
101, 224
410,091

-12.6
-17.0
-7.0

+55.2
+53.1
+59.2

309, 542
529,612
3, 368, 055

438, 706
670,776
4, 327, 161

+41.7
+26.7
+28.5

29, 612
398

27, 944
510

+8.8
31 3

-14.2
08

266, 026
6, 109

275, 915
5,430

+3.7
-11.1

4, 130, 965 4,323,335
4, 113, 394 4,244,769
4, 105, 794 4,268,344

+4.7
+3.2
+4.0

Lumber
Southern pine:
Production (computed)
M ft. b. m._ 471,480 488,035 481,936
468,236 466, 639 463,009
-1.2 +3.3
Shipments (computed)
M ft. b. m.. 473,900 489, 390 491, 568
493, 505 457, 732 493, 650
+0.4
+7.4
Orders (computed)
M f t . b . m.. 498,055 501, 976 501,395
482,274 444,856 506,478
-0.1 +12.7
Stocks, end of mo. (computed). M ft. b. m.. 1,189,859 1, 183, 800 1, 181, 906
1,103,006 1,115,375 1,080,026
-0.2 +6.0
Exports (incl. timber)
M ft. b. m_. 65,871
49,029
43,993
71, 293
64,893
73, 121 -10.3 -32.2
Price, "B" and
better
dolls, per M ft. b. m—
44.66
45.31
46.42
39.56
39.92
40.31 ' +2.4 +16.3
Douglas fir:
Production
M ft. b m
483,012 559,559 568,960
490,622 480, 326 542, 996
+1.7 +18.5
Shipments (computed)
M ft. b. m.. 561, 798 553,740 575,227
494, 651 488,383 503, 156
+3.9 +17.8
New orders
M ft. b. m.. 582,837 589, 104 564, 484
554, 635 517, 033 637, 898
-4.2 +9.2
Exports, lumber
1VT ft- h TH
in i
41, 715
34, 299
49, 225
42, 526
54, 777
45,489 +43.5
Exports, timber
M ft. b. m._
20, 216
20,298
27, 078
36, 202
32, 766
39,092 +33.4 -17.4
Price, No. 1 common. dolls, per M ft. b. m..
16.50
17.50
16.50
16.50
16.00
16.00
16.50
-5.7 +3.1
California redwood:
Production (computed)
M ft. b. m.. 37,416 i 47, 182
39, 451
44,089
56, 199
32,907
44, 532 -16.4 +19.9
Shipment (computed)
M ft. b. m.. 32, 025 i 47, 941
38, 620
36,641
43, 116
36, 610
32, 755 -19.4 +5.5
Orders received (computed)... M ft. b. m._ 29, 414 i 46, 571
32, 391
38,328
46, 645
33,631
35, 099 -30.4
-3.7
California white pine:
Production
M ft. b. m. 166, 656 173, 701 167, 244
147, 177 142, 294
126, 115
-3.7 +17.5
Shipments
M ft. b. m.. 115, 795 125, 582 129, 970
89, 377 104, 829 102, 239
+3.5 +24.0
Stocks, end of month
M ft. b. m.. 584, 721 619,829 641, 152
643, 786 659, 335 673, 923
+3.4
-2.8
Western pine:
Production (computed)
M ft. b. m.. 179, 468 179,044 176, 021
159, 877 145, 737 147, 659
-1.7
+20.8
Shipments (computed)
M ft. b. m.. 154, 981 160, 097 152, 190
147, 774 141, 636
144,203
-4.9 +7.5
Stocks, end of mo. (computed). M ft. b. m.. 996, 619 1, 006, 021 1, 064, 275
1, 077, 246 1, 081, 443 1, 128, 395
+5.8
-1.6
i Revised.
• See table on p. 26 of the October, 1925, issue for earlier data.




632,059

630, 125

4, 360, 535 4, 816, 687
4,549,443 5,000,671
4,386,499 4, 993, 955
491, 981
429, 923
396, 913
231, 518

-0.3

+10.5
+9.9
+13.8

1 9 ft

-41.7

429,092
339, 945
334, 064

391, 726
352, 337
339, 157

-8.7
+3.6
+1.5

908, 056
643, 878

1, 037, 963
920, 933

+14.3
+43.0

1,291,577
1, 204, 717

1, 377, 220
1,281,801

+6.6
+6.4

35

1935

Where available, October data have been
included in this table. The cumulatives shown are in most instances,
however, only through September and,
where designated by a footnote, through
August. Detailed data for items shown
here may be found on pages 29 to 151
of the August, 1925, "Survey"

July

August

PER CENT INCREASE (+) OR
DECREASE (— )

1924

September

October

August

September

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH SEPTEMBER 30

SepSeptember, tember,
1925,
1925,
October
from
from
SepAugust, tember,
1925
1924
•

1924

1925

Per

cent
in-

cr ease
( }
or tdecrease
(-)
1925
from
1924

BUILDING CONSTRUCTION AND
HOUSING— Continued
Lu mber— Continued
North Carolina pine:
39, 305
Production (computed)
M ft. b. m._
63, 504
61, 033
Shipments (computed)
...M ft. b. m.. 43, 729
53, 018
55, 979
Northern pine:
Lumber64, 313
Production
M ft. b. m._
63, 407
45, 825
53, 065
50, 465
Shipments
M ft. b. m_. 49, 534
Orders received
M ft. b. m.. 48, 928
53, 152
42, 994
Lath—
Production...
M ft. b. m.. 18, 397
15, 356
12, 144
14, 576
11, 144
11, 194
Shipments
„
M ft. b. m_.
Northern hemlock:
Production
M ft. b. m,. 24, 298
33, 923
29, 207
Shipments
M ft. b. m_- 20,154
20, 890
19, 265
Northern hardwood:
20,811
Production
M ft. b. m_. 26, 223
15, 399
Shipments
M ft. b. m.. 28, 909
29, 508
35, 640
Walnut lumber:
3,873
Production
_.M ft. b. m..
3,491
2,940
Shipments
M ft. b. m..
3,237
20, 736
Stocks, end of month
M ft. b. m._
20,898
Walnut logs:
Purchased
M ft. log measure. . 2,880
2,637
Made into lumber and
2,656
2,637
veneer
M ft, log measure..
4,599
Stocks, end of month_._M ft. log measure..
4,599
Hardwoods:
Total stocksTotal hardwoods. _
M ft. b. m.. 802, 349 781, 610 761, 818
Gum
M ft. b. m_. 242, 377 231, 784 222, 577
Oak
M ft. b. m.. 252, 198 242, 544 228, 742
Unsold stocks—
Total hardwoods
M ft. b. m.. 653, 174 635, 618 608, 554
Gum
M ft. b. m.. 196, 281 184,064 171, 838
Oak
M ft. b. m__ 201, 981 194, 514 178, 850
Unfilled orders—
Total hardwoods
M ft. b. m._ 169, 152 171, 277 176, 217
52, 736
Gum
M ft. b. m._
58, 245
60, 712
Oak
- M f t . b. m_. 57, 236
56, 862
56,688
202
Units reporting ..
number-201
200
All lumber:
Production, 10 species
M ft. b. m._ 2, 563, 211 2, 800, 999 2, 737, 912
Exports, planks, joists, etc
M ft. b. in-- 158, 369 132, 089 138, 044
Retail yards, Minneapolis Fed.
res. dist.—
23, 621
22,545
Sales
M ft. b. m._
17, 492
Stocks, end of month
M ft. b. m~ 114, 887 119, 294 109, 370
Composite lumber prices:
40.22
40,16
40.58
Hardwoods
dolls, per M ft. b. m_.
29.85
30.15
30.35
Softwoods
dolls, per M ft. b. m__
Flooring
Maple flooring:
Production
M ft. b. m._
Shipments
M ft. b. m_.
Stocks, end of month. __
M ft. b. m._
Orders booked
-M ft. b. m._
Unfilled orders, end of month. _M ft. b. m._
Oak flooring:
Production
. .
M ft. b. m._
Shipments
M ft. b. m_.
Stocks, end of month .
M ft. b. m._
Orders booked
M ft. b. m._
Unfilled orders, end of month. _M ft. b. m..

7,962
10, 167
26, 399
12, 172
11, 012
44, 026
48, 029
45, 155

49,904

8,325
10, 569

24,115

53, 417
51, 555

49, 518
44, 191

51, 849

56,042

+4.0
+5.6

+28.2
+26.7

435, 220
437, 234

484, 785
468, 167

+11. 4
+7.1

54, 068
46, 403
52, 188

56, 369
51, 466
42, 313

41, 333
52, 985
39, 696

-27.7
-4.9
-19.1

-18.7
-1.9
+1.6

443, 881
404, 955
400, 509

469, 814
406, 938
370, 851

+5.8
+0.5
-7.4

14, 675
16, 515

13, 290
12, 567

12, 381
10, 108

-20.1
+0.4

-8.6
-10.9

109, 372
120, 752

122, 663
93, 100

+12.2
-22.9

22,982
17, 884

22, 155
18, 368

21, 293
20, 373

-13.9
-7.8

+31.8
+4.9

193, 580
173, 581

177, 668
161, 020

-8.2
-7.2

23, 952
26, 625

19, 732
30, 286

14, 430
32, 856

-26.0
-17.2

-22.0
-2.6

343, 160
255, 884

329, 388
241, 910

-4.0
-5.5

3,660
2,742

3,648
3,255

3,990
3,889

2
26, 463
2 23, 413

2
2

13, 813

13, 605

14, 556

2,061

2,543

3,345

2
2

45, 630
38, 372
39, 968
52, 729

-2.5 +39.5
-4.0 +31.4
-5.7 +21.1

355, 698
114, 594
117, 002

428, 003
128, 518
151, 052

456, 080
138, 168
159, 771

-4.3 +42.2
-6.6 +33.7
-8.1 +18.4

137, 563
44, 138
51, 143
131

132, 838
46, 633
42, 753
151

123, 485
41, 546
39, 738
157

+2.9
+4.2
-0.3
—0 5

+32 7
+30.2
+32.6
+32.5

2, 531, 675 2, 439, 220 2, 509, 998
151, 425
159, 613
157, 877

-2.3
+4.5

+12.2 22, 058, 028 23, 709, 679
-13.5 1, 444, 459 1, 419, 640

40,094

20,999

115, 453

41.77

41.90

29.82

9,453
10,090

49, 686
39, 921

+7.5
-1.7

193,997

8,369

49,498

+24.8

563, 759
174, 274

7,471

45,922

+33.3

25, 237

546, 242
169, 421
188, 942

23, 949

46,282

26, 208

20, 22,9

477, 002
151, 218
163, 697

9,292
10,704
9,766
9,980

2
2

2,997
2,695

111,822

35, 180
39, 574
45, 136
48, 847
50, 262

30.27
6,682
8,374

22, 440

7,553
9,237

+21.4
+16.7

19, 654

2,746
2,348

17, 359

40.54
30.35

32, 134
27, 327

2, 544
2,419

22, 750

11, 534
11, 136

48, 948
41, 082
54, 372

"*

18, 984
107, 827

-22.4
-8.3

-16.7
-5.3

42.19

+1.0
+0.7

-3.2
+0.3

7,707

+11.6
+1.3
-5.7
-15.3
-10.4

+39.1
+27.8
+1.4
+29.3
+8.0

77, 545
72, 404

76, 135 i
77, 392

-1.8
+6.9

71, 133

77, 312

+8.7

29.79

7,761
23, 073

6,864

8,124

115, 484

155, 049

+34.3

36, 125
38, Oil
42, 564
33, 833

42, 253
42, 497
41, 105
34, 657

+27.1
+20.0
-9.8
+18.1
+16.2

301, 821
310, 807

384, 348
383, 122

+27.3
+23.3

36,005

-0.8
-6.8
-6.6
-26.5
-11.9

310, 154

380, 234

+22.6

53, 740

59,844

dollars..
dollars..

68,888
21,256

26,440

121, 048
40, 648

64, 952
26, 080

115, 352

43,296

120, 088
40, 120

+52.4
+53.7

+4.9
-6.1

729, 236

724, 320

-0.7

dollars..
- . pieces..

66,976
10,638

i 71, 392

11,863

105,800
17,789

57, 112

98,000

123, 008
19, 751

+48.2
+50.0

+8.0
+5.8

717,402

682,824

110, 358

118, 428

-4.8
+7.3

34,098

30,072

26,569

26, 294 -11.8
.- 91
-3.7
29, 142 -16.5
73, 604 -10.2
-3.9
16, 535
924 +108. 7
59, 496 -18.0

+16.4
-11.4
-5.7
+20.1
+17.9
+53.8
-14.0

219, 062

259,668

+18.5

190, 305

198,211

+4.2

219, 214

8,760

224, 712
10, 732

+2.5
+22.5

1,166,773

1,447,835

+24,1

44, 793

45,368

Wooden Furniture
Piano benches and stools:
New orders
Unfilled orders
ShipmentsValue
Quantity

Brick
Paving brick:
Production30, 635
Actual
thousands _
79
Relation to capacity
per cent..
Shipments
thousands.. 34,317
Stocks end of month
thousands .. 117, 543
Orders received
.thousands . 29, 270
1,855
Cancellations
thousands..
Unfilled orders, end of month.. thousands.. 75,389
Common brick:
Stocks, end of month227,306
Burned
thousands
Unburned
. thousands.. 92, 267
Shipments
...
thousands.. 180, 407
Unfilled orders
thousands.. 292. 775
i Revised*




79, 432

81
35, 638
116, 123
33, 209
1,132
77, 662

265,897
89,608
159, 309

301.913

78

29,773
104,286
31, 925

2,362

63, 702

338,857
104, 066
171, 830
252. 511

9,698

74

32,400

97, 407
21, 454
594

76,867

16, 818

25, 833
88
31, 563
86, 875
27, 070
1,536
74, 089

+27.4 +24.5
44,543 +16.1 +70.2
+7.9 +53.6
135,806
226. 529
+11.5
186,977 -16.4
2 Eight months' cumulatives, Jan. 1 to Aug. 31.
261, 800
68, 138
120, 777
256, 017

272, 172
61, 150

111,846

312, 061

36
1925
Where available, October data have been
included in this table. The cumulatives shown are in most instances,
however, only through September and,
where designated by a footnote, through
A ugust. Detailed data for items shown
here may be found on pages 29 to 151
of the August, 1925, "Survey"

PEE CENT INCREASE (+) OE
DECEEASE (— )

1924

CUMULATIVE TOTAL
FEOM JANUAEY 1
THEOUGH SEPTEMBEE30

Perl
centl

in- 1

(

crease

July

August

September

October

August

September

•

SepSeptember, tember,
1925,
1925,
October
from
from
SepAugust, tember,
1925
1924

t>

or decrease
1924

1925

&

from

1924

BUILDING CONSTRUCTION AND
HOUSING— Continued
Brick— Continued
Common brick— Continued.
Firms reporting
number..
Plants closed down ..
number ._
Price, red, New York
dolls, per thous..

•

118
12
15.50

113
7
15.27

4,561
4,836
1,725
7,118

4,873

..net tons.. i 10, 110
. - thous. of dolls.. 1 1, 392

1 15, 451

115
12
14.75

14.75

92
13
13.50

92
22
14.00

111
18
14.00

3,862

4,090
3,770

4,404
4,047

+1.8
+71.4
-3.4

+25.0
-45.5
+5.4

Floor and Wall Tile
Production
Shipments, quantity
Shipments value
Stocks, end of month

thous. of sq. ft__
thous. of sq. ft
thous. of dolls
thous. of sq. ft

4,891
2,641

3,913
1,322

6,559

7,398

7,533

1,462
1,821

1,308

2 34, 601
2 30, 001
2 9, 878

2 33, 284
2 33, 054
2 12, 642

-3.8
+10.2

138,754

+12.8

+28.0

Architectural Terra Cotta
Bookings:
Quantity
Value

12,002

18, 550
2,156

12, 341
1,607

i 8, 995
i 1, 013

111,471
i 1, 184

1 9, 526
1954

+20.1
+7.7

+61.7
+82.1

123, 006

113, 392

110,463

120, 841
124, 311

+9.4
+9.6

13,328

16, 738

+25.6

Portland Cement
Production
. .
Shipments
.-.
Stocks, end of month
Prices:
Chicago district.*
Lehigh Valley..

thous. of bbls__
...thous. of bbls._
thous. of bbls..

15, 641
18, 131

13,896

18,383
1 11,952

15, 939
17, 711
i 10, 247

15,992
15,309

15, 128
16, 855
10, 666

14, 519
16, 827

14, 820
17, 160

10, 930

6,073

-2.9
-3.7
-14.8

+9.8
+5.3
+21.1

dolls, per bbl._
dolls, per bbl_.

1.75
1.75

1.75
1.75

1.75
1.75

1.70
1.75

1.75
1.75

1.75
1.75

1.75
1.75

0.0
0.0

0.0
0.0

12, 044

6,362

9,594
6,368

9,730
4,087

6,135
3,711

10, 286
6,010

6,839

6,806

3,818

3,211

+1.4
-35.8

+42.3
+7.0

48,344

75, 378

89, 301
56, 018

+18.5
+15.9

284, 609
12, 276

278, 662
11, 839

291, 549
12, 186

337,398

344,905

333, 121
15, 538

+4.6
+2.9

-15.5
-22.4

2, 559, 898

2, 476, 887
111, 143

-3.2
-16.1

+5.8

+3.1
+19.7

1 16, 419

8,404

Highways
Concrete paving contracts awarded:
Total
thous. of sq. yds..
Roads
thous. of sq. yds..
Federal-aid highways under construction, end
of month:
Estimated cost
..
thous. of dolls
Distance
miles..

15, 694

15, 712

132,434

Roofing
Preparing roofing:
Shipments
thous. of roof squares
Dry roofing felt:
Production
tons
Stocks, end of month
tons..

3,021

3,003

3, 176

2,747

3,192

3,227

-0.5

23, 567

24, 300

22, 360
3,751

22, 794
3,951

23, 272
3,231

18, 171

2,740

19, 245
1,850

20, 445
1,768

+2.1 +20.9
—18.2 +74.6

153, 922

184, 202

number-number .
number..

134, 218
95, 562
140, 008

129, 629
90, 441
129, 113

122, 564
84, 933
121, 235

103, 232
63, 213
90, 955

104, 622
68, 373

93, 878
88, 980
77, 361

-5.5 +17.1
-6.1 +24.2
-6.1 +36.4

number..
number..
number .

148, 428
225, 966
143, 128

140, 391
218, 728
144, 573

205,012

139, 858

104, 308
149, 974
97, 466

103, 002
147, 318

number. . 135, 453
number.. 273, 720
number. _ 138, 879

135, 211
252, 703
141, 633

239, 654
143, 765

115, 767
164, 632
102, 855

110, 666
197, 932
92, 604

215,939

Sanitary Ware
Baths, enamel:
Orders shipped
Stocks, end of month
Orders received
Lavatories, enamel:
Orders shipped
.
Stocks, end of month
Orders received
Sinks, enamel:
Orders shipped
Stocks, end of month
Orders received
Miscellaneous, enamel:
Orders shipped
Stocks, end of month
Orders, received
Unfilled orders, end of month:
Baths
Small ware

144, 267

140,046

88,913
93,358

105, 497
161, 474
93, 415

-0.4
-6.3
-0.2

+35.8
+39.2
+54.5

1, 048, 251

1, 173, 484

+12.5
+18.5
+11.9

959, 714

1, 211, 855

+26.3

114, 710

+3.6
-5.2
+1.5

+26.5
+21.1
+55.2

1, 138, 385

1, 183, 289

1, 046, 175

1, 204, 960

+3.9
+15.2

678, 693

599, 267

604, 173

542, 452

-11.7
-10.2

95, 717

904, 872

1, 018, 305

910, 198

1, 080, 363

number..
.number..
number

60, 837
176, 506
65, 213

58, 747
160, 085
63, 884

56, 701
151, 433
57, 524

70, 832
114, 550
59, 308

75, 312
132, 121
62, 581

71, 508
158, 351

55,201

-3.5
-5.4
-10.0

-24.7
+14.6
-8.1

number..
number..

251, 545

117,461

113, 328
260, 171

107, 316
261, 737

169, 394
339, 022

154, 659
286, 783

131, 904
206, 332

-5.3
+0.6

-30.6
-8.7

9,482
61, 798

19, 438
68, 017

30, 525
70, 454

+40.0
-38.4

+51.5
-16.5

138, 351
789, 212

197, 013
949, 311

+42.4
+20.3

852
87, 707

1,252
76, 457

849
102, 371

+8.4
+17.5

-61.8
+44.6

8,633
798, 487

6,164
868, 134

-28.6
+8.7

-45.2 +25.8 2, 253, 243 2, 835, 181
+13.9 +158. 7 12, 343, 582 19, 178, 535

+25.8
+55.4

CHEMICALS AND OILS
Imports:
21, 041
29, 451
Potash
long tons. . 25, 954
92,082
68, 791
56, 764
Nitrate of soda
long tons
Exports:
355
' 441
478
Sulphuric acid
thous of Ibs
94,089 110, 558
Total fertilizer
long tons. . 120, 171
Dyes and dyestuffs—
Vegetable
Ibs.. 420, 890 430, 554 235, 796
Coal tar
Ibs.. 2, 080, 588 2, 205, 476 2, 511, 898
Price index numbers:
187
190
196
Crude drugs
index number. .
175
171
179
Essential oils
.index number..
158
Drugs and pharmaceuticals.index number..
158
158
111
112
113
Chemicals
index number..
153
158
Oils and fats
index number..
156
Price, sulphuric acid 66° N. Y. index number..
.70
.70
.70
* Revised




230, 995
2, 083, 628

+3.2
-6.7
+4.7 +26.1
0.0
+0.6
+0.9
+1.8
-1.3 +9.1
0.0
0.0
Eight months' cumulatives, Jan. 1 to Aug. 31.

195
191
158
113
158
.70
2

187, 401
355, 104
970, 880 1,079,935

206
134
153
110
149
.70

210
142
157
111
143
.70

212
142
156
110
147
.70

37

Where available, October data have been
included in this table. The cumulatives shown are in most instances,
however, only through September and,
where designated by a footnote, through
August. Detailed data for items shown
here may be found on pages 29 to 151
of the August, 1925, "Survey"

July

August

PER CENT INCREASE (+) OR
DECREASE (— )

1924

1925

September

October

August

September

3.00

8,112
11, 101
19, 764
728
3.00

8,449
10, 025
18, 070
2,402
3.00

SepSeptember, tember,
1925,
1925,
October
from
from
SepAugust, tember,
1925
1924

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH SEPTEMBER 30

1924

1925

Per
cent
increase
(+)
or decrease

1925
from
1924

. CHEMICALS AND OILS— Continued
Wood Chemicals
Acetate of lime:
11,971
Production
thous. oflbs_.
11, 449
11, 402
Shipments or use. .
thous oflbs
10, 390
Stocks, end of month
thous. oflbs..
16, 804
17, 760
1,231
Exports..
thous oflbs
2,457
1,340
2.75
2.75
Price
dolls per cwt
2.75
Methanol, crude: c
Production
_
gallons.. 600, 696 573, 469
Shipments or used
gallons. _ 591, 443 626, 701
Stocks, producers', end of month. .gallons.. 1, 807, 748 1, 597, 933
Purchased by refiners <*
gallons-- 395, 832 435, 423 454, 391
Consumed by refiners d
gallons.. 645, 490 621, 670 619, 182
Stocks at refineries, end of month d_gallons.. 1, 543, 375 1, 465, 549 1, 362, 188
Methanol, refined:
Produced
gallons.. 394, 207 525, 683 509, 195
Stocks, end of month, at refineries-gallons.. 554, 262 575, 492 526, 176
Exports
gallons.. 28,447
9,881
15, 320
.49
Wholesale price, N. Y
dolls, per gal._
.58
.58
Wood at chemical plants:
61, 519
Consumption (carbonized)
cords.. 62, 615
Stocks, end of month.
cords. _ 463, 904 529, 294
Daily capacity, wood-chemical plants:
4,639
Total in industry
_
cords..
4,639
Keporting
.cords..
3,728
3,776
Shut down
cords...
459
423

9,803
12, 047
15, 259
1,367
3.00

+8.9
0.0

-44.2
0.0

444, 612 464, 702 539, 333
525, 756 578, 381 621, 412
1, 797, 729 1, 656, 499 1, 551, 678

.49

-22.4
-27.9

2 90, 111
2 75, 037

2 91, 469
2 86, 962

+1.5
+15.9

17, 247

14, 072

-18.4

24,804,534 24,665,861
24,671,282 24,517,610

-2.9
-3.4

512, 208

303, 092

-40.8

2 520, 859

2 491, 029

-5.7

2 80, 948
269,416

2 111, 999
2 97, 822

+38.4
+40.9

77, 547
.68

19, 747
.68

50, 901
.69

47, 198
663, 715

49, 850
645, 956

57, 624
633, 428

4,609
3,544
909

4,819
3,724
926

4,819
3,784
709

11,029
11, 130
3,481

13, 118
12, 012
3,632

15,962
14, 515
2,881

33,890
34, 235
33,609
16, 101

37, 158
37,062
35, 777
16, 314

41, 030
39, 236
36, 554
18, 194

-4.3
-5.3
-9.3
+4.5

-3.5
-4.3
-7.7
+6.3

298, 670
307, 838
293, 071

313, 234
314, 140
301, 252

+4.9
+2.0
+2.8

+55.0
-15.5

Ethyl alcohol
Production
thous. of gals..
Withdrawn for denaturation thous of gals
Warehouse stocks, end of month, thous. of gals_.

13, 143
16, 240
. 6, 968

18, 550
16,823
7,831

oflbs
of Ibs
oflbs
oflbs

35, 621
35, 545
33, 869
16, 187

37, 436
37, 429
36, 402
16, 585

35, 844
35, 454
33, 020
17, 335

barrels..
barrels..

42, 703
44, 957

36, 945
58, 437

34, 013
48, 149

26, 367
48, 404

40, 605
43, 567

34, 364
52, 856

26, 858
41, 587

-7.9
-17.8

-1.0
-9.1

232, 562

227, 346

-2.2

barrels..
barrels

134, 609
211, 452

122, 022
202, 247

115, 023
181, 940

100, 264
181, 613

124, 876
274, 605

113, 209
273, 721

92, 962
228, 614

-5.7
-10.0

+1.6
-33.5

790, 358

812, 518

+2.8

_ . thous oflbs
thous. of lbs_.

2,525
44, 941

3,486
47, 316

3,923
32, 057

2,085
47,838

1,156
46, 118

2,669
40, 924

+12.5 +239.4
-32.2 -30.5

27, 116
661, 701

41, 288
482, 724

+52.3
-27.0

thous of Ibs
thous. of lbs._

15, 809
14, 704

17, 191
17, 068

19, 328
20, 057

15, 900
15, 857

19, 260
20, 202

20, 054
19, 217

+12.4
+17.5

+0.4
-0.7

174, 274
173, 543

160, 374
157, 164

-8.0
-9.4

Cottonseed stocks, end of month
tons..
Cottonseed oil:
Stocks, end of month
thous. of lbs._
Production
thous of Ibs
Price, New York
dolls, perlb..

33, 577

189, 542

776, 017

93, 822

390, 049

855, 128 +309. 4

+99.0

5,103
12,815
.114

18,041
33, 846
.113

55, 972
142, 939
.107

44, 222
92, 379
.108

82, 808 +210. 2
210, 341 +322. 3
.113
-5.3

+26.6
+54.7
-0.9

502, 913

819, 597

+63.0

.099

8,258
17, 583
.139

758
364
581

1,412
602
291

5, 593
1,965
2,453

5,515
2,593
3,302

297
146
72

3,664
1,747
1, 063

10, 242 +296. 1 +52.6
6,097 +226. 4 +12.5
2,455 +743. 0 +130. 8

6,794
3,804

12, 916
5,030

+90.1
+32.2

Explosives
(Black powder, permissibles, and other high
explosives)
Production
Shipments .
Sales
_
Stocks. .

_

thous
thous
thous
thous

Naval Stores
Turpentine (3 principal ports) :
Net receipts
Stocks, end of month
Resin (3 principal ports) :
Net receipts _
_
Stocks end of month
Fats and Oils
Total vegetable oils:
Exports
Imports
Oleomargarine:
Production _
Consumption

_.

Cottonseed

Flaxseed
Minneapolis and Duluth:
Receipts
. . thous. of bushs
Shipments
thous of bushs
Stocks
thous of bushs
Linseed oil: Shipments from
Minneapolis
_
thous. of lbs_.
Linseed-oil cake: Shipments from
Minneapolis.
thous. of Ibs..

9,380

10, 881

13,840

17, 769

4,188

8,883

18, 564

+27.2

+55.8

78, 163

118, 154

+51.2

14, 624

24, 490

24, 916

33,958

9,388

15, 955

29, 281

+1.7

+56.2

118, 308

189, 685

+60.3

Vegetable and Animal Oils
(Reported quarterly)
Crude vegetable oils:
«344,221
+3.8 +21.4 1, 261, 205 1, 622, 280
*4 417, 715
Production
thous. oflbs.. 3 402, 373
-13.3 +17.5 1, 455, 016 1,804,750
« 391, 898
460, 574
Consumption . ...
thous oflbs 3 531, 093
4
« 217, 062
-5.9 +27.0
275, 656
Stocks.
..thous. oflbs.. 3 292, 822
Refined vegetable oils:
4
+31.2
-18.0
745,445 1, 001, 652
«
164,
771
216,
102
Production
thous. oflbs.. 3 263, 632
4
968,760
674, 186
« 242, 193
+19.4 +46.5
354, 963
Consumption
thous. of bis.. 3 297, 331
4
-72.2 +12.7
« 72, 298
82. 187
Stocks
thous. of lbs_. 3 295, 618
2
d
Eight months' cumulatives, Jan. 1 to Aug. 31.
\ See table on p. 17 of the October, 1925, issue for earlier data.
8
Quarterly figures, ending Sept. 30,1924.
Quarterly figures, ending Sept. 30,1925.
Quarterly figures, ending June 30,1925.




+28.6
+24.0
+34.4
+43.7

38

Where available, October data have been
included in this table. The cumulative* shown are in most instances,
however, only through September and,
where designated by a footnote, through
August. Detailed data for items shown
here may be found on pages 29 to 151
of the August, 1925, "Survey"

PER CENT INCREASE (+) OR

1924

1925

DECREASE (— )

CUMULATIVE
TOTAL
FROM JANUARY 1
THROUGH SEPTEMBER 30

Per
cent
increase
(+)
or decrease
(-)
1925
from
1924

Sep-

July

Septem-

August

October

August

September, tember,
1925,
Septem- October
1925,
from
ber
from
SepAugust, tember,

1924

1925

+60.1

502, 285
597, 600

815, 654
871, 554

-51.7 +350. 7
—28.7 —5.1
-35.9 +126. 5

2,888
5,723

-1.8
-4.7
-8.9

138, 221
298, 508

. 143, 187
278, 746

+3.&
-6.fr

-18.0
-17.9

88,421

89, 484

73, 717

74,885

-17.6
-15.3

-13.9
+4.6
-9.1 +8.8
+52.3
-31.9

493, 632
288, 692

541,854
317,617

+9.8
+10.0

45, 312
83, 631

69. 464
112, 207

+53.3
+34.2*

1,874,105 1, 477, 928
453, 575

439, 818

-21. 0
-3.0-

-8.9 -10.3
+19. 9 +11.5
-7.1 -13.8

296, 895
198, 854

270, 984
175, 723

-8.7
-11. &

+25.7
+25.4

1, 544, 406
785, 251

1, 921, 606
922, 640

+24.4
+17.5.

+6.1 +368. 7
+246. 0 +49.0

3,761

1925

1924

CHEMICALS AND OILS— Continued
Vegetable and Animal Oils— Continued
(Reported quarterly— Continued)
Cottonseed oil, crude:
Production
thous. of Ibs 3 144, 568
Consumption
thous. of Ibs 3222,938
Stocks
_
thous. of Ibs. _ 322,669
Peanut oil— Crude and virgin;
Production
thous. oflbs.. M,091
Consumption _. .
. thous. of Ibs.. 8 2 168
Stocks...
thous. of Ibs. _ ' 1, 319
Coconut or copra oil, crude
Production
thous. of Ibs
3 47, 521
Consumption
thous. of Ibs. . • 82, 210
Stocks.
thous. of Ibs. . 3 49, 701
Corn oil— Crude:
Production
. .
thous. of bis
3 23, 321
Consumption
thous. of Ibs
8 19, 413
Stocks
thous. of Ibs.. 3 6, 560
r
Linseed oil:
Production
. .
. thous. of Ibs 3169,980
Consumption
thous. of Ibs 3 109, 271
Stocks
.
. thous. of Ibs 3 126, 888
Fish oil:
3
Production
. . . thous. of Ibs
8 673
Consumption
thous. of Ibs.. 3 35, 553
Stocks
_
.. thous. of lbs_. 3 55, 086
Animal fats:
Production..
thous of Ibs.. 3 478, 809
Consumption
thous. of Ibs 3 142, 698
Stocks..
__ thous. of Ibs. . 3 178, 686
Greases:
Production
thous. of Ibs
3 90, 127
Consumption .
thous. of lbs._ 3 53, 826
Stocks
thous. of Ibs.. 3 45, 713
Derivatives:
Production
thous. of Ibs.. 3 613, 837
Consumption
thous. of Ibs.. 3 278, 202
Stocks
thous. of Ibs. . 3 135, 996

4
4

+29.4
- — 8 176, 817
8 104, 709
-31.3
8 44, 116 --"""-- +146. 9

187, 023
153, 169
55, 972

4

4
1, 974
* 1, 545
4845

«438
«1,628
8373

4
46, 135
* 11 0,161
4
36, 338

8 46, 971
8 106, 119
8 39, 900

-2.9
+23.1
-26.9

24, 452
24, 960
6, 239

8 29, 835
8 30, 395
* 5, 169

+28.6

146, 306
98, 448
86, 437

« 139, 862
s 90, 521
s 56, 773

4
4

4
4

4
4
4
4
4
4
4
4

4
4

+39.1
+10.5
+51.0

-15.3
-1.0
-43.0

-22.5
-10.0
-31.6

8 91, 529
« 57, 873
« 49, 253

632, 156
307, 288
105, 470

« 502, 733
8 245, 045
111, 269

4

1

+20.7

* 31, 797
+409. 9
8 31, 467
-2.2
« 48, 720 --------- +33.6

82, 087
64, 555
42, 452

4

-4.9

« 523, 273
s 156, 892
5 148, 881

405, 503
141, 268
101, 805
4

4

44, 229
34, 756
73, 574

+4.8

+46.3
+26.9

+3.0
+10.5
-22.4

-5.2

+62.4
+45.8-

11, 330 +292. 3"
7,170 +25.$

Oil Seeds and Nuts
Reported quarterly
1

Peanuts, hulled:
Consumption
Stocks Copra:
Consumption
Stocks
_
Corn germs:
Consumption
Stocks. _ . .
Flaxseed:
Consumption
Stocks.Animal glues:
Production
Stocks
__
._

short tons .
short tons

4

35, 584
9, 473

8 35, 641
« 12, 113

-3.4
-31.5

-0.2
-21.8

107, 452

110,378

42, 832
415

853,090

-7.4
-24.8

-19.3
-16.7

157, 152

137, 077

-12.8

219, 006
79, 361

8 211, 392
s 14, 875

-14.3

+3.6

743, 621

819, 091

+10.2-

—13.6
—5 6

+2.1
—8 1

73, 330

69, 843

-4.fr

-16. ff
-8.S

4

4
4

4

498

4
4

thous. of Ibs
323,837
..thous. of Ibs . 3 51 849

13, 014 +246.0

«762

4

8328

short tons
3 36, 847
short tons.. 8 13, 822
short tons.. 3 46, 250
..short tons _
3552
short tons 3 255 592
short tons . 3 63, 182

8614

2, 878
1, 135

3 2 712

4

+25.6 +433. 5

8 20, 178
s 53, 211

20, 603
48, 926

;

+2.7

FOODSTUFFS
Wheat
Production, monthly estimate:8
Winter
thous. of bushs.. 415, 697
Spring
thous. of bushs . 283, 872
Total
thous. of bushs.. 699,569
Visible supply:
United States
thous. of bushs.. 33, 248
Canada
thous. of bushs.. 22, 513
Eeceipts, principal markets.. -thous. of bushs.. 41, 783
Shipments, prin. markets
thous. of bushs.. 22, 693
Exports:
United StatesWheat only
.
thous. of bushs
1 9, 288
Including wheatflour.thous.of bushs. . 12, 777
CanadaWheat only
. thous. of bushs
13,097
Prices:
No. 1, northern, Chicago.. dolls, per bush..
1.591
No. 2, red winter, Chicago .dolls, per bush..
1.589

415, 697
281, 575
697, 272

38,167
7,586
43,342

590, 037
282, 636
872, 673

415,697

281, 575
697, 272

49, 651
76, 239
36, 045

76,537
19, 789
92, 987

88, 291
13, 501
82, 075

58,482

96, 528 +42.9 -38.2
52, 099 +669. 4 +332. 3
88, 022 +33.5 -29.5
72, 066
+1.8
-51.9

305, 712
203, 823

254, 851
185, 907

27, 652

54, 543
58, 366
57, 862
28, 151

7,901
11, 832

9,391
9,751

16, 835
21, 106

32, 662
39, 244

45, 128
53, 538

+18.9
-17.6

-71.2
-75.2

75, 553
125, 642

111,257

15, 336

15, 876

8,184

10, 268

14, 288

+3.5

+54.6

143, 513

88,601

-38.$

1,639
1.680

1.555
1.667

1.356
1.315

1.350
1.343

1.486
1.528

361, 047
77, 899
6, 425. 414

343, 857
74, 922
5, 968, 666

-4.8
-3.*
-7.1

24,508

1.549
1.635

52,826

77, 656

+2.8-

-11.4

-5.1 +15.2
-0.8 +24.1

Wheat Flour
(Bureau of the Census}
Wheat, ground
thous. of bushs
45, 645
40, 651 1 42, 817
45,434
47,857
51,863
+6.6
Production, wheat flour ..thous. of bbls_.
i 9, 292
9,874
8,840
9,842
10, 459
11,371
+6.3
Production, grain offal
tbous of Ibs
708, 349 1 754, 446 827, 076
799, 698
823, 390
977, 381
+9.6
52
Per cent of capacity operated
per cent..
56
61
64
58
65
+8.9
1
Revised.
8
Quarterly figures, ending June 30,1925.
4
Quarterly figures, ending Sept. 30, 1925.
* Quarterly figures, ending Sept. 30,1924.

«Total crop estimated at first of month following that indicated. Data for a year ago represent final estimate of the 1924 crop.


-4.6
-5.6
+0.4
-4.7

39
1935

Where available, October data have been
included in this table. The cumulatives shown are in most instances,
however, only through September and,
where designated by a footnote, through
August. Detailed data for items shown
here may be found on pages 29 to 151
of the August, 1925, "Survey "

PER CENT INCREASE (+) OP.
DECREASE (-)

1924

September

SepSeptember, ember,
1925,
1925,
October
from
from
SepAugust, tember,
1925
1924

August

September

10, 377
7,801
7,700

11,049
10,676
7,400

12, 501
10, 701
8,400

11,812
10,598
7,500

13,798
11, 160
8,675

13,404
11,107
9,100

775
815

874
685

800
661

949
626

1,463
967

1,872
1,145

8.650

8.831

8.310

8.263

7.538

7.440

8.013

-5.9

+11.7

6.950

7.570

7.431

7.410

6.225

6. 059

6.669

-1.8

+22.6

5,960
667

7,663
727

7,143
1,062

6,409
957

7,745
1,010

9,558
1,097

+53.2
+46.1

1,340
8,581
525
8,056

1,029
9,347
1,828
7,519

1,601
15,043
2,451
12, 592

1,426
14, 798
1,217
13, 581

1,737
15, 157
2,357
12, SOD

2,143
15,945
2,568
13,377

+55.6
+60.9
+34.1
+67.5

2,209
12, 881
8,693
7,037

782
5,612
19,340
10,749
6,433

2, 436, 513
802
6,400
21,428
11,937
6,368

.828

1.170

1.163

18,918
64, 926

27, 561
11, 403
217

.402

.528

July

October

August

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH SEPTEM-

BER 30

Per
cent
increase

(

-y

or decrease
(-)
1925
from
1924

1924

1925

-9.4
-6.1
-3.2

96,487
83,493

90, 379
80, 640

-6.3
-3.4

-8.5 -45.3
-3.5 -31.6

11, 088
8,598

11, 852
7,043

+6.9
-18.1

-7.8
+5.1

65,333
9,183

55, 785
6,616

-14.6
-28.0

-7.8
-0.8
+4.0
-1.6

14, 640
137, 726
40, 639
97. 087

12, 391
81, 437
16. 448
64, 989

-15.4
-40.9
-59.5
-33.1

729
8,497
19, 511
11, 826
6,926

+46.1 +54.6
-17.1 -7.6
-29.2 -41.3
-11.3
-30.3
+6.0 -7.3

17,934

7,538

-58.0

214,461
140, 076
57, 466

163, 126
106, 617
50,241

-23.9
-23.9
-12.6

1.105

-12.8 -21.2

55, 710
48,006
662

39, 149
66,564
2,735

-39.6 -47.5
+29.8 -37.1
-11.2 +848.5

187,047

185, 555

+0.8

.497

.522

-4.1 -19.9

13,965
1,955

12,296
5,315

+25. 7 +7.4
+99.5 +365. 6

.866

.908

FOODSTUFFS— Continued
Wheat Flour— Continued
(Russell's Commercial News)
Production
. thous. ofbbls _
Consumption.
thous. ofbbls..
Stocks, all positions . .
thous. of bbls..
Exports: (Department of Commerce):
United States
thous of bbls
Canada
thous. of bbls
Wholesale prices (Dept. Labor):
Flour standard patents,
Minneapolis
dolls, per bbl_.
Flour, winter straights,
Kansas City.
dolls, per bbl__
Canadian Milling
Grindings:
Wheat
thous ofbbls
Oats
thous. of bushs
Production:
Whear
flour
thous. of bbls..
Total oatmeal and rolled oats.thous. of lbs__
Oatmeal
thous. of lbs_.
Rolled oats
thous. of Ibs

+13.1
+0.2
+13.5

Corn
Production, monthly est.8
thous. of bushs.. 2, 885, 108 2, 917, 836 3,013,390
844
Exports, including meal
thous. of bushs .
849
1,240
6,832
5,912
Visible supply
thous. of bushs
7,135
9,891
Receipts, principal markets. ..thous. of bushs..
17, 774
12,583
10,699
8,313
Shipments, prin. markets
thous. of bushs..
9,373
Grindings (starch, glucose) thous. of bushs..
4,430
5,902
5,567
Prices, contract grades, No. 2,
1.052
Chicago _. ...
_ dolls, per bush .
1.065
.917
Other Grains
Oats:
Production, monthly est.6.thous. of bushs.. 1,461,945 1,470,384 1,470,384
Receipts, principal
markets
_
thous. of bushs .. 16, 591
29,243
48,399
26,298
Visible supply
thous. of bushs
65,818
50,706
4,292
Exports, including meal. ..thous. of bushs..
6,279
7,073
Prices, contract grades,
Chicago.
dolls, per bush..
.475
.398
.415
Barley:
Production, monthly est.fl.thous. of bushs.. 221, 713 226, 786 226, 786
Receipts, principal
markets
thous of bushs
3,086
14, 993
11,929
Exports
.
thous. of bushs
1,940
4,564
9,103
Price fair to good, malting,
Chicago.
dolls, per bush
.883
.809
.751
Rye:
Production, monthly estAthous. of bushs.. 51,768
51,768
51, 768
Receipts, principal
markets
thous. of bushs .
403
6,639
1,939
3,794
Exports, including flour... thous. of bushs..
1,054
1,036
.979
Price, No. 2, Chicago
dolls, per bush__
.883
1.069

1, 541, 900

3,058

27, 650 +804.2

37, 524
7,953

50, 599 +34.8
22, 083 +177. 7

187, 875
3,791
1,396

.743

.853

-7.2

-13.3

63,446
.838

4,736
1,497
.819

14, 291
11, 579
1.016

17, 708 +242. 4
10, 927
+1.7
1.275 -17.4

-53.5
-90.9
-13.1

34, 525
23, 874

21. 720
28.615

-37.1
+19.9

54,242

73, 243

+8.2

-49.4

178, 461

198, 182

+11.1

Total Grains
Total grain exports, incl. flour thous. of bushs

23, 647

25, 354

27,427

24, 998

Bice
Southern paddy, receipts at mills
bbls..
8,252
Shipments:
Total from mills
pockets (100 Ibs.)
140, 316
New Orleans
pockets (100 Ibs.) . 89, 607
Stocks end of month,
mills and dealers
pockets (100 Ibs )
95, 427
Imports
pockets (100 Ibs.)
63, 238
Exports
pockets (100 Ibs.) . 13,946
Other Crops
Apples:
Cold-storage holdings
(end of month)
thous of bbls
Car-lot shipments
carloads
Potatoes, car-lot shipments
carloads
Onions, car-lot shipments
carloads
Citrus fruits, car-lot shipments
carloads
Hay, receipts
tons

142
2,667
17, 467
1,725
3,587
71, 783

566, 268

853,330

345,365

948, 625 2, 182, 793

+50.7

-10.0

3,428,443 2, 191, 147

-36.1

315,239
101, 054

619, 078
135, 778

130, 924
1,979

730, 544 1,303,227
232, 916 300, 075

+96.4
+34.4

-15.3
-41.7

4, 758, 635 4, 015, 201
1,086,781 1, 044, 336

-15.6
-3.9

398, 186
109, 753
25, 865

632, 444
24, 409
13, 293

398, 953
39, 091
23,883

638, 303 1, 567, 621
11,918
16, 335
89, 679
27, 675

+58.8 -0.9
-77.8 +49.4
-48.6 -52.0

326, 519
965, 921

566, 356
514, 951

+73.5
-46.7

164
3,956
14, 326
2,391
2,442
79, 611

1,422
19, 103
22, 763
3,994
2,379
79, 516

+73.4
5,728
35,937 +382. 9 +44.1
32, 524 +58.9 +11.3
4,545 +67.0 +3.4
4,185
-2.6 -23.7
95,037
-0.1 -7.6

47,058
176, 665
20, 730
76, 059
709, 732

42, 382
175, 368
19, 762
66, 368
625, 035

-9.9
-0.7
-4.7
-12.7
-11.9

-3.9
+5.9
+17.2
-4.2

16, 513
6,442
2,358
9,885

16, 941
6,238
2,290
10, 532

+2.6
-3.2
-2.9
+6.5

186,218

7, 067

147
2,927
15, 959
2,405
3,856
65, 275

820
13, 261
20, 450
3,864
3,116
86,031

Cattle and Calves
Cattle movement, primary markets:
2,566
1,934
1,970
2,157
Receipts
thousands
2,245
1,166
826
938
Shipments, total
thousands
706
886
580
360
422
306
243
Shipments, stocker and feeder, .thousands. .
1,312
1,092
1,252
1,227
1,281
Local slaughter
thousands. .
1
Revised.
•Total crop estimated at first of month following that indicated. Data for a year ago represent final estimate




2,737
1,339
751
1,432

of the 1924 crop

-15.9
-19.6
-27.2
-6.5

40
&

1925

Where available, October data have been
included in this table. The cumulatives shown are in most instances,
however, only through September and,
where designated by a footnote, through
August. Detailed data for items shown
here may be found on pages 29 to 151
of the August, 1925, "Survey"

FOODSTUFFS— Continued

July

August

*PER CENT INCREASE (+) OR
DECREASE (— )

1924

September

October

August

SepSeptember, tember,
1925,
Septem- October
1925,
from
ber
from
SepAugust, tember,
1925
1924

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH SEPTEMBER 30

Per
cent
increase
(+)
or decrease

1925
from
1924

1924

1925

3, 796, 010
3, 744, 018
118, 926

3, 934, 157
3, 932, 490
108, 176

+3.6
+5.0
-9.0

4

Cattle and Calves— Continued
Beef products:
Inspected slaughter product-thous. of Ibs,. 478, 231
Apparent consumption
thous. of Ibs.. 479, 277
Exports _ -_
...
_ thous. of lbs._
11, 625
Cold-storage holdings
(end ofmonth) _ _
thous. of lbs._
49, 674
Prices, Chicago:
Cattle, corn-fed
..
dolls per 100 lbs._
11.56
Beef, fresh native steers
dolls per lb_.
.178
Beef, steer rounds, No. 2
dolls per lb_.
.192

444,732
431, 877
14, 387

481, 787
467, 062
16, 375

551,766
515, 746
16, 763

47, 627

48,906

47, 538

67, 244

-9.9

-14.3

11.91
.185
.160

9.48
.165
.169

9.02
.165
.160

9.50
.172
.136

+3.0
0.0
-8.0

+37.9
+12.1
+8.1

2,741
1,092
33
1,645

3,196
1,213
25
2,017

3,216
1,252
35
1,959

3,990
+7.5
1,469 +714.7
56 +10.0
2,525
+3.7

-14.8
-12.8
-5.7
-16.0

39, 915
14,704
364
25, 196

32, 315
11,801
389
20,508

-19.1
19 7
+6.9
-18.6

457, 345
490, 419
83,031

465, 179
521, 474
100, 152

548, 939
535, 161
135, 104

492, 734
561, 717
114, 652

560, 043
637, 521
132, 686

+1.7
+6.3
+20.6

-5.6
+7.2
-12.6

6,508,759
5,233,987
1, 350, 440

5,384,786
4, 869, 002
951, 902

-17.3
-7.0
-29.5

815, 460 1698,513

539,069

504,018

835, 547

649, 371

439, 437

-22.8

-16.0

669, 536

583,789

467,443

467,378

710,871

565, 173

407,731

-19.9

-17.3

118,969
49, 414

90, 421
45,740

83,902
60, 646

121, 584
75, 937

103, 645
65, 810

106, 781
60, 813

-7.2
+32.6

-19.0
-7.8

1, 500, 629
757, 277

1, 111, 161
533, 245

-26.0
-29.6

145, 924 i 114, 724

444, 466
438, 308
11, 028

473, 961
469, 521
9,520

i 45, 214

40, 719

12.08
.185
.188

12.44
.185
.173

2,798
995
35
1,804

2,549
952
30
1,586

512, 095
488, 850
89, 977

+6.6
+7.1
-13.7

-1.6
+0.5
-41.9

Hogs and Pork
Hog movements, primary markets:
Receipts
thousands ..
Shipments, total
thousands-Shipments, stocker and feeder.. thousands- .
Local slaughter
._
thousands..
Pork products, total:
Inspected slaughter product.-thous. of Ibs..
Apparent consumption
thous. of Ibs-.
Exports
thous. of lbs._
Cold-storage holdings, total
(end of month) _
thous. of Ibs..
Fresh and cured in storage
(end of month)
thous. of lbs._
Lard (included in pork products) :
Production _
thous. of Ibs -.
Exports...
_.thous. of lbs._
Cold-storage holdings
(end of month)
thous. of lbs_.
Prices:
Hogs, heavy, Chicago _ dolls, per 100 lbs._
Hams, smoked, Chicago
dolls, perlb..
Lard, prime contract, N. Y... dolls, per lb_.

13.79
.293
.181

71, 626

36, 640

124, 676

84, 198

31,706

-37.6

-14.9

13.13
.298
.179

12.88
.292
.178

11.69
.283
.164

9.61
.222
.143

9.86
.223
.144

10.78
.216
.165

-1.9
-2.0
-0.6

+30.6
+30.9
+23.6

2,064
1,037
421
998

2,627
1,613
839
981

2,005
1,022
444
978

3,027
1,876
973
1,097

3,295
2,267
1,441
1,020

+27.3
+55.5
+99.3
-1.7

-13.2
-14.0
-13.8
-10.6

15, 422
7,622
2,357
7,750

15, 582
7,630
2,222
7,822

+1.0
+0.1
-5.7
+0.9

38, 870
38, 659

41, 117
41, 584

38, 788
38, 640

42, 548
42, 179

43, 566
42,847

+5.8
-7.6

-3.3
-1.4

338, 309
338, 539

352,258
353, 882

+4.1
+4.5

1,339

1,112

1,461

2,230

2,525

3,166

-17.0

-56.0

6.40
14.60

6.19
15.09

6.41
14.81

5.97
13.28

5.41
13.18

5.81
13.44

-3.3
+3.4

+14.4
+14.6

940, 681 980, 257
745, 066
580, 900
967, 386 1,032,579

553, 106

1, 032, 459 1, 017, 069 1, 155, 375
886, 683 699, 434 509, 847
1, 005, 678 1, 070, 958 1, 196, 114

+4.2
-22.0
+6.7

-2.5 10, 643, 078 9, 671, 201
-16.9
-3.6 9, 316, 543 10, 002, 213

+7.4

Sheep and Lambs
Sheep movement, primary markets:
Receipts
thousands
1,699
Shipments, total ..
_ . .thousands. _
763
Shipments, stocker and feeder__thousands-186
Local slaughter..
...
thousands. 939
Lamb and mutton:
Inspected slaughter product.. thous. of lbs._ 39, 374
Apparent consumption
thous. of lbs._
39, 307
Cold-storage holdings
(end of month) _
thous. of Ibs..
1,349
Prices:
Sheep, ewes, Chicago
dolls, per lOOlbs..
6.31
Sheep, lambs, Chicago dolls, per 100 Ibs.14.66
Total Meats
Production, inspected slaughter.. thous of lbs_. 1, 029, 700
Cold-storage holdings
thous. of lbs._ 866, 483
Apparent consumption
thous. of Ibs. .1, 007, 434

-9.1

Poultry
Receipts at 5 markets
Cold-storage holdings
(end of month) __

thous. of Ibs..

17, 932

17,466

18, 804

thous. of Ibs..

53, 558

147,946

44, 345

53, 724

17, 708

20,093

27, 263

+7.7

-6.4

33, 837

40,070

55, 139

-7.5

+10.7

19, 937
20,215
56, 607
67, 025
928,769 1, 085, 539

+5.0
+16.9
+59.2

41.4
-1.9
+29.8

-18.3

-5.2

482, 212

456, 876

-5.3

167, 769

169, 753

+1.2

13, 677

13, 709

+0.2

194, 770

165, 633

-15.0

157, 448

193, 050

+22.6

4, 114, 557

4, 062, 169

Fish
Total catch, prin. fishing ports.- -thous. of lbs._
24, 539
Cold-storage holdings, 15th of mo. thous. of Ibs.. 40, 458
Canned salmon, shipments
cases-- 604, 231

26, 839
28, 184
47, 474
55, 505
757, 479 1, 205, 930

20, 018
49, 026
780, 775

-1.3

Dairy Products

Butter:
Receipts, 5 markets...
thous. of Ibs.
Cold-storage holdings,
creamery (end of month)... thous. of lbs._
Wholesale price, 5 markets., dolls, per lb_.
€heese:
Receipts, 5 markets.
thous. of Ibs
Cold-storage and holdings,
American (end of month).. thous. of Ibs. _
Wholesale price, 5 markets... dolls, per lb,_
Eggs:
Receipts, 5 markets
thous. of cases..
Cold-storage holdings
thous. of cases,.

55, 064

45,005

109, 075 1 128, 403
.434
.448

114, 172
.488

69, 970

57, 282

47, 467

41,949

94, 983

156, 232
.385

153, 494
.342

135, 018
.385

19, 996

18, 854

17,479

-8.7

+8.8

71, 927

76,431
.197

73, 153
.203

67,905
.197

+2.7
0.0

+7.4
+18.7

-10.7
-12.8

+6.2
+16.2

-3.0

+1.7

25, 825

22, 472

20,520

66, 634
.230

i 76, 512
.241

78, 582
.241

1,315
10, 020

1,042
19,873

930
8,606

1,043
8,778

876
7,409

747
5,267

194,865

212, 903

206, 416

242, 543

202,977

180, 054

48, 244
11, 795
134, 328

46, 757
10,098
155, 654

42,209
6,596
157, 349

27,375
20,833
194, 066

22, 616
15, 476
164,538

18, 070
13, 974
147, 596

-11.1 -25.6
+8.9 +42.7

Milk
Stocks, manufacturers', end of month:
Total
thous. of lbs_.
CondensedCase goods
thous. of Ibs..
Bulk goods.
thous. of Ibs..
Evaporated, case goods
thous. of lbs._
'Revised.




-9.7 +86. 6
-34.7 -57.4
+1.1 -4.4

41

Where available, October data have been
included in this table. The cumulative* shown are in most instances,
however, only through September and,
where designated by a footnote, through
August. Detailed data for items shown
here may be found on pages 29 to 151
of the August, 1925, "Survey"

PER CENT INCREASE (+) OR
DECREASE (— )

1924

1935

Septem-

SepSeptember, tember,
1925,
1925,
from
October
from
SepAugust, tember,
1925
1924

August

Septem-

158, 475

185, 584

141, 633

132, 579

-3.0 +11.9

33, 888

22, 759

16, 766

13, 282

119, 899

121, 735

152, 824

116, 808

112, 553

-14.0 +102. 1
-30.6 -66.5
+4.2
+1.5

4,821

3,947

3,629

4,579

3,800

3,496

3,962

3,153

2,348

5,392

6,265
16, 335
1,262

July

August

138, 956

163, 453

38, 621

39, 425

92. 255

ber

October

ber

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH SEPTEMBER 30

Per

cent
in-

crease
( }
or tdecrease
1925
from
1924

1934

1935

-4.5

37, 322

37, 275

-0.1

-25.5 -44.0
+33.8 -16.1
+34.7 +35.2

50, 303
107, 123

30, 635
89, 059

2,520

2,828

-39.1
-16.9
+12.2

145, 980
22, 510

150, 308
24, 456

+3.0
+8.6

FOODSTUFFS— Continued
Milk— Continued
Unsold stocks, manufacturer's, end of month:
Total
thous. oflbs
CondensedCase goods
thous of Ibs
Bulk goods _
thous. of Ibs
Evaporated, case goods
thous of Ibs
Sales less resales: »
Powdered milk
thous . of Ibs
Exports:
Condensed
thous. oflbs
Evaporated..
thous. oflbs
Powdered,.
thous. oflbs
Fluid milk:
ReceiptsBoston (includ. cream) ..thous. of qts__
Greater New York
thous. of cans.
ProductionMinneapolis district (excluding
cream)
thous. oflbs..
Minneapolis district (cream)
thous. of Ibs

7,586

3,735

2,592

9,733

7,744

6,330

-8.1

11, 809
352

9,967

291

13, 339
392

10, 502
445

4,192
15, 892
290

18, 104
2,761

17, 227

16, 305

16, 846

2,646

15, 861
2,501

15, 506

26, 413

21, 730

18, 607

17, 804

18, 038

179, 152

197, 326

+10.1

519

390

402

327

305

2 4, 265

2 3, 804

-10.8

325, 082
482, 824

287, 057
438, 767

321, 620
459, 875

269, 500
450, 158

307, 838
419, 818

242, 353
344, 404

+12.0
+4.8

+4.5
+9.5

3, 143, 602
3, 829, 468

3, 308, 401
4, 115, 225

+5.2
+7.7

323, 647
557
49, 457

235, 725
124
67, 327

187, 739

216, 277
1,010
39, 097

154, 835
457
24, 510

66, 522
163

-20.4

+21.3

-39.7

+65.7

27, 174
188, 480

5,755

40, 624

287, 268

-78.8
+52.4

.043
.053
.061
129

.044
.054
.062
127

.043
.054
.062
127

.054
.066
.073
149

.060
.071
.078
156

.060
.073
.081
160

-2.3 -28.3
23 9
0.0
0.0 -20.5
0.0 -18.6

201, 791
336, 775
970, 025

179, 225
333, 938
822, 799

158, 009
371, 200

164, 990
315, 282
432, 123

159, 772
333, 991
273, 426

85, 762
194, 683
145, 422

-11.8 -1.1
+11.2 +11.1
-27.8 +117. 4

3, 760, 182
3, 531, 734

4, 648, 273
4, 070, 154

+23.6+15.2

113, 526

83, 637

133, 497

+36.6

+59.6

1, 052, 610

927, 471

-11. &

5,653

5,734

738
1,672

772
1,536

-0.6
-16.6
+27.4

-10.0
-3.0
-10.7

-3.6
-11.2

2,673

2,647

2,550

-5.4
-1.0

+2.8
+5.8

Sugar

Raw:
Imports
_
long tons
Meltings, 8 ports
...long tons..
Stocks at refineries
(end of month)
__
long tons
Receipts, domestic at New Orleans.. long tons..
Refined, exports
long tons
Prices:
Wholesale, 96° centrifugal,
N. Y
dolls, per lb..
Wholesale, granulated, N. Y._dolls. per lb._
Retail, granulated, N. Y
dolls, per lb__
Retail, average 51 cities
index number..
Cuban movement:
Receipts at Cuban ports
long tons..
Exports
long tons
Stocks, end of month
long tons
Coffee
Imports
Visible supply:
World
United States.
_.
Receipts, total, Brazil
Clearances:
Total, Brazil, for World
Total, Brazil, for U. S

thous. of Ibs

594,378

5,388

118, 493

97, 696

133, 463

thous. of bags
thous. of bags..
thous. of bags..

5,126
804
1,094

5,118
859
1,173

5,087

5,082

716
1,494

583
1,262

5,183
966
1,539

thous. of bags..
thous. of bags..

1,235
701

1,487
794

1,434
705

1,536
680

1,455
566

1,419
713

1,730
827

thous. of Ibs.

9,536

10, 144

11, 993

8,638

9,079

11, 794

10, 463

8,218

-21.5

+1.1
-1.1

10, 024

4,964

9,263
4,908

-7.6
-3.1

+18.2 +32.1

61, 173

66, 623

+8.9-

4,911
53, 722

4,718
60, 266

-3.9
+12. 2

-1.5

315, 851

313, 267

-0.2

+33.7
-61.3
+4.3
+34.7

428, 977
8,218

298,098
6,214

-30. 5
-24.4

262, 506

296, 537

+13. D

Tea
Imports

TOBACCO
Consumption (tax-paid withdrawals) :
Large cigars .
millions
576
576
557
574
606
635
+3.4
Small cigarettes
millions
7,119
6,983
7,612
6,316
6,273
6,488
+1.9
Manufactured tobacco
and snuff
_
thous. oflbs.. 35, 653
36,154
35, 358
34, 959
38,043
+2.3
36, 715
Exports:
Unmanufactured leaf..
thous. of Ibs
39,037
50, 694
34,890
34, 805
56, 821 +45.3
37, 907
Cigarettes
millions
336
715
317
782
698 -53.0
868
Production (crop estimate) 6
thous. oflbs.. 1, 282, 916 1, 234, 096 1, 247, Oil 1, 228, 972 1, 202, 350 1,195,099 1,181,620
+1.0
Sales of loose-leaf, warehouses
thous. oflbs..
91, 682
69
39, 144
33,434
68,075
83,090 +134. 2
Price, wholesale, Burley good leaf,
dark red, Louisville
dolls, per 100 Ibs
25.00
25.00
25.00
24.50
25.00
24.50
24.50
0.0
Stocks (reported quarterly):
Chewing, smoking, snuff, and
export
mills, oflbs.. 3 1, 338
< 1,4 289
« 1,240
5
Cigar tobacco
mills of Ibs
3424
390
407
Total, including imported
mills, of lbs__ 31,847
< 1, 555
« 1, 725

-5.0
+13.5

+2.0

I

TRANSPORTATION
River and Canal Cargo Traffic
Panama Canal:
17,311
19, 647
Total cargo traffic
.thous. of long tons..
1,892
1,912
2,112
2,018
10.4
1,961
1,958
-1.0
9,391
11,370
In American vessels _ _ . thous. of long tons..
983
1,063
1,013
1,057
1,072
1,188
-3.0 -17.3
4,286
4,798
In British vessels
thous. of long tons..
476
445
515
-1.2 -9.7
476
482
527
Canals—
59, 991
52, 802
Sault Ste. Marie__thous. of short tons.. 10, 668
10, 904
10,663
11,051
9,661
+2.3 +12.9
10, 328
11,637
1,738
1,392
New York State. -thous. of short tons..
391
275
344 +39.6 +42.2
386
280
290
2, 629, 857 2, 374, 661
386,472
421, 193
Cape Cod ..
thous. of gross tons
412, 859
412, 036
403, 323
307,473
-8.2 -4.2
2,087
Suez
thous of metric tons
1,965
2,206
+2.8 +6.2
2,030
2,117
Mississippi River730, 174
698,067
46,070
Go vernment-owned barges.
tons . . 79,361
57,604 -29.0 -42.8
64,913
76, 609
80, 537
Ohio River, Pittsburgh, Pa., to
4,
878,
146
4,207,444
Wheeling, W. Va
short tons.. 609, 727 716, 142 668, 392 739, 635
609, 940
714,421
-6.7 +16.5
573, 668
•
See
table
on
p.
26
of
the
October,
1925,
issue.
»Eight
months'
cumulatives
Jan.
1
to
Aug.
31.
3
Quarterly figures, ending June 30,1925.
< Quarterly figures, ending Sept. 30,1925.
'Quarterly figures, ending Sept. 30,1924.
6
Total crop estimated at first of month following that indicated. Data from a year ago represents final estimate of the 1924 crops.




-11. 9-17.4
-10.7
+13.6
+24.9
-9.7

+4.6

+15.9*

42

1925

Where available, October data have been
included in this table. The cumulatives shown are in most instances,
however, only through September and,
where designated by a footnote, through
A ugust. Detailed data for items shown
here may be found on pages 29 to 151
of the August, 1925, "Survey"

July

PER CENT INCREASE (+) OR
DECREASE (— )

1924

August

Septem-

6,917

6,239
2,450
3,789

ber

October

August

Septem-

6,713

6,479
2,872
3,607

SepSeptember, tember,
1925,
1925,
from
October
from
SepAugust, tember,
1925
1924

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH SEPTEMBER 30

Per
4cent
increase
(+)
or decrease
(-)
1925
from
1924

1924

1925

51,436
22,410
29,028

20,502
32,181

52, 673

+2.4
85
+10.9

170,855

170, 681
107, 987

-0.1
+3.0

35, 702
1,825
1,240

37,847

+6.0
-8.6
-7.1
+6.3
+3.0
+17.4
+5.2
+9.3

TRANSPORTATION-Continued
Ocean Traffic
Clearances, vessels in foreign trade:
Total
thous. of net tons..
American...
thous. of net tons
Foreign
thous of net tons
Indexes of ocean freight rates:
Charter rates, world routes.. index number..
Vessel construction:
Completed during month—
Total...
gross tons..
Steel seagoing .
gross tons
Building or under contract, end of mo. —
Merchant vessels, .thous. of gross tons..

6,833
2,578
4,255

2,586

4,331

»96

2,877
3,837

<98

30, 101
21, 951

8,415
1,631

21,758

157

155

85, 732

6,803
2,922

-9.8
-5.3
-12.5

-3.7
-14.7
+5.0

«102

+2.1

-3.9

11,414 +158.6
6,665 +954.0

-15.9
+39.2

3,881

17,516

3,965

12, 210

386

25,875
12,346

162

164

168

177

+4.5

3.6

40,427

58,203
61,370
141,842

69,244
97,089
194,306

36, 768

162, 397

58,375
116,689

30,486
49,058
99,190

-32.1
+51.8
-12.7

+58.3
+5.1
+21.6

272
354
636

364
153
558

212
19
248

270
274
670

784
785
1,656

+33.8
56 8
-12.7

+34.8
-44.2
-16.7

5,364

4,297

4,844

304
152
806
343
255
1,213
1,771

4,148
269
147
750
269
188
987
1,537

5,455

+3.6
-19.9
-22.5 -21.9
-12.1 -10.9
-28.5
-2.5
-22.1 +3.7
-27.0
+22.3
-19.4
+6.1
-14.4
+8.7

190,543

89
-8.7

12 8
-13.5

438, 813
82, 861
572, 600
127, 105
43, 110

+4.0
-7.9
+1.8
-0.2
+7.8
-1.0

+5.1
+2.7
+4.5
+1.7
+15.0
+5.8

6,005
5,076
2,773

-4.6
+3.4
-6.8

+13.8
+2.3
+6.9

17, 191

103, 843

Freight Cars
Surplus (daily av. last week of month) :
Box
number.. 139,428
Coal
.
...
.number.
80, 661
Total
number.. 263,876
Shortage (daily av. last week of month) :
Box
number..
4
Coal
._
number
None.
Total
number..
4
Car loadings (monthly totals):
Total
thous. of cars..
3,888
Grain and grain products... thous. of cars..
165
Livestock
thous. of cars..
105
Coal and coke
. . .thous. of cars..
680
Forest products
thous. of cars
258
Ore
thous. of cars..
251
Merchandise
thous. of cars..
985
Miscellaneous
.thous. of cars..
1,444
Cars in bad order:
Total, end of month . _ . _
cars
197, 281
Ratio to total on line
per cent..
8.4
Railroad Operations
Revenue:
Freight
thous. of dolls. 377, 517
Passenger
thous. of dolls.. 97, 916
Total operating
thous. of dolls . 522,427
Operating expenses
thous. of dolls.. 382, 905
Net operating income..
thous. of dolls . 99,463
Freight carried
mills, ton-miles
37, 968
Pullman company operations:
7,562
Revenue
thous. of dolls..
Expenses
thous. of dolls..
5,003
Passengers carried
.... thousands..
3,276
Locomotives in bad order:
Total, end of month
number.. 10, 658
Per cent of total in use
per cent—
16.7

5,537

271
149
1,023
358
315
1,297
1,951

210
131
731
279
230
1,046
1,670

197, 178
8.4

179, 571
7.7

210, 109
9.2

206,044

403, 311
103, 961
555, 367
388, 970

419, 643
95, 705

358, 511
104, 553
508, 506
373, 671

399, 214

124,805
41,723

565,452
388,096

134, 585

41,322

95,707
36,447

7,409

7,182

7,768
5,020
3,633

5,190

10,551

10,643

16.5

232
212
996
352
248
1,353
2,144

4,998

3,385

3,491

16.5

8.9

93,200
541,047
381, 792

117,018
39,046
6,512

5,072
3,167

339
206
1,001
353
213
1,290
2,051
8.2

403,664

1,668
1, 152

6,528
2,785

6,937
2,868

12,649

13, 825

3,166,698

824, 155

3, 320, 685
796, 367

1,354
9,321

1,590

9,807

4,403,621 4, 531, 486
3, 399, 714 3,398,840
800, 539
679,437
313, 399

333, 545

+4.9
34
+3.1
0.0
+17.8
+6.4

55, 624

45,820
26,087

60,647
46,395
26,876

+9.0
+1.3
+3.0

10,964

11,329

17.0

17.6

11, 095
17.2

+0.9
0.0

61
-6.3

65,062
2,583

65, 071

64, 964

113 -13.4
+9.0
220
148 +230. 8

-0.2
0.0

-1.2
+0.4
-19.4
+51.7
22 5

1, 657
1,361
981-

1,342
1,966
509

-19.0
+44.5
AO I

1,094
987

846
521

-47.2

Equipinent Installation
Locomotives (Am. Ry. Assn.):
Owned (end of month)
number.. 64,420
64,257
64,357
Tractive power
mills, of lbs_.
2,594
2,596
2,596
Installed during month
number. _
139
129
147
Retired during month
number
170
229
210
Ordered from ^manufacturers
number
39
26
86
Shipments by manufacturers:
Total
.
number..
94
66
104
Domestic
.number..
58
91
50
Unfilled orders— manufacturers:
Total
number..
363
378
309
Domestic
.
number..
283
296
225
Building in R. R. shops (end of month)
number
59
37
45
Exports
number..
11
22
12
Electric locomotives shipped (quarterly) :
Mining
number..
3120
<187
Industrial
.
.number..
319
<13
Freight cars (Am. Ry. Assn.):
Owned (end of month)
number- 2, 361, 551 2,363,849 2, 363, 637
Capacity
mills, of Ibs-. 210, 701 211, 102 211, 201
Installed during month
number..
10,542
11,554
8,161
Retired during month
number10,051
9,259
9,196
Ordered from manufacturers . .number..
843
6,113
2,816

199

497
397

229
166
9

2,586

160
151
111

2,586

139
121

104
79

96
78

96
-45.1

-9.6
-36.7

361
306

386
333

462
398

+17.5
+31.6

-6.0
-11.1

50
36

37
51

17 8
76
37 +100. 0

0.0
-56.9

«141
59

+55.8
-31.6

+32.6
+44.4

415
75

458
39

+10.4
-48.0

0.0
0.0
-29.4
-0.7
10, 504
12, 610 +117. 1

+1.3
+2.3
-60.5
-1.5
-74.1

112, 853
83, 537

111, 978

106,071

-0.8
+4.0
-57.2

2,329,582 2, 336, 147 2, 342, 149
205, 690

5,556

15,452
8,834
5,Q54

206, 540

15,455
9,337
23,597

207, 366

16,598

86,845

45, 397

Passenger Travel
National parks:
Visitors
,.
.
number.. 411,376
Automobiles entered
. .number.. 77,723
Arrivals from abroad:
Aliens
_
.number.. 18,590
United States citizens
number
32, 080
Departures abroad:
Aliens
.number..
8,784
United States citizens
number
66, 136
Passports issued
number.. 13.830
3 Quarterly figures, ending June 30,1925.




384,501
56,195

184, 279

22,421
59,663

26, 721

17,361
76,256

380,568
57, 217

23,290

44, 791

197,655
18,294

47, 571

2,585

-52.1
-69.1

-6.8
-5.1

27,941
57,232

27, 402
31, 474

+19.2
+27.8

-4.4
+33.2

7,539
7,200
8,633
8,671
24,369
37, 657
23,849
8.012
8.795
9.370
8.571
7.659
'Quarterly figures, ending Sept. 30,1925.

37, 185

1,481,714

1, 565, 500

186, 565

193,092

+5.7
+3.5

269,925

214,309
313,298

-20.6
+24.3

8,941
-4.5 -17.0
58,287
58, 620
19,951
+2.2
281,294
249,568
138 7fiQ
-1-14.8 1 114.432
7.90fi
— ft!l
» Quarterly figures, ending Sept. 30,1924.

-0.6
+12.7
-i-9i a

252, 075

43

1925

Where available, October data have been
included in this table. The cumulatives shown are in most instances,
however, only through September and,
where designated by a footnote, through
August. Detailed data for items shown
here may be found on pages 29 to 151
of the August, 1925, "Survey"

July

August

PER CENT INCREASE (+) OR
DECREASE (— )

1924

September

October

SepSeptember, tember,
1925,
1925,
from
October
from
SepAugust, tember,
1925
1924

August

September

49, 936
10, 137

49, 105
11, 443

50,931
12, 748

9,212
11,435
1,586

9,542
11, 861
1,879

9,940
12, 389
1,993

744,636

746,386

4,735
1,518
3,218

4,803
1,493
3,311

353
4,382
100,400

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH SEPTEMBER 30 .

Per
cent
increase
( }
or tdecrease
(-)
1925
from
1924

1924

1925

+0.6 +11.9
+7.3 +16.9

427,812
89, 679

478, 078
112,805

+11.7
+25.8

+4.9 +18.5
+4.5 +16.2
+15.9 +17.7

80,303
99,788
13, 299

90,355
110,956
15,895

+12.5
+11.2
+19.5

+0.5

7,075,871

6, 986, 325

1.3

5,193
1,632
3,560

+0.2 +12.1
-8.4 +6.0
+4.2 +14.9

43,246
15,081
28, 167

47, 570
16,547
31,023

+10.0
+3.1
+10.0

349
4,454
103, 200

370
4,823
111,200

-3.2 +4.6
+0.6 +12.7

' 889, 330

» 938, 076

+5.5

471
194
85
83
76
115.0
96.5
84.5

489
197
87
85
75
113.6
97.1
87.2

495
195
88
87
76
114. 8
96.1
90.4

+2.7 +2.2
+5.7 +31.0
+5.8 +4.6
+1.1 +5.9
+3.9 +5.3

i2, 905
250.3
82
77
79

13, 715
248.3
86
79
77

64,489
150, 048

+21.2 +10.8
+14.2 +8.1
+31.1 +14.3

257, 970
149, 715
108, 255

292, 170
171, 622
120, 548

+13.3
+14.6
+11.4

+13.0
+6.4
+9.7
+5.2
+20.0
+17.1
+20.6
+2.3
+10.2
+3.8

242, 514

272, 591

+12.4

140, 695

156, 021

+10.9

59,380

68, 565

+15.5

16, 589

18, 807

+13.4

25, 850

29,198

+13.0

PUBLIC UTILITIES
Telephone companies:
Operating revenues
thous. of dolls.. 53,815
54,955
54,623
Operating income
thous. of dolls.. 11,815
13,373
12, 461
Telegraph companies:
Commercial telegraph tolls.thous. of dolls- 10,448
11, 306
10, 780
Operating revenue
thous. of dolls- 12,868 ' 13, 186
13,784
Operating income
thous. of dolls..
1,755
2,211
1,907
Electric railways (213 companies) :
Passengers carried
thous. of persons- i 753, 385 1752,650 i 750, 236
Electric power:
ProductionTotal
mills, of kw. hours—
5,346
5,376
5,386
By water power... mills, of kw. hours..
1,727
1,870
1,582
By fuels
mills, of kw. hours'—
3,804
3,649
3,476
In street rys. mfg.
plants, etc
mills, of kw. hours..
365
379
377
Central stations... mills, of kw. hours..
4,959
4,990
5,021
Gross revenue sales
thous. of dolls— 409,200 111,500

.

-0.3

EMPLOYMENT AND WAGES
Employment in factories:
New York State
thousands
486
Detroit.
thousands
243
New Jersey (rel. to 1923) .. .index number..
84
Pennsylvania (rel. to 1923).. index number..
90
Delaware (rel. to 1923)
index number..
80
Wisconsin (rel. to 1915)
index number..
128.3
Illinois (rel. to 1922)
index number..
95.3
Massachusetts (rel. to 1914) .index number..
86.5
Total pay roll:
New York State
thous. of dolls
13, 589
Wisconsin (rel. to 1915)
index number..
286.2
New Jersey (rel. to 1923) .. .index number..
84
Pennsylvania (rel. to 1923) ..index number. _
81
Delaware (rel to 1923)
index number
79
Other employment:
Federal civilian employees, Washington, D. C
.
.number . 63,837
Anthracite mines
number
152, 169
Average weekly earnings (State reports) :
New York State
dolls..
27.98
Illinois (rel. to 1922)
index number
110.9
Wisconsin (rel. to 1915)
index number..
222.6
Massachusetts (rel. to 1914) .index number..
187.3
New Jersey (rel. to 1923) index number..
101
Pennsylvania (rel. to 1923) .index number..
94
Delaware (rel. to 1923)
index number
97
Average weekly earnings (National Industrial
Conference Board):
Grand total (both sexes)
dollars
26.31
Total male
dollars
28.61
Skilled male
..
dollars .
30.26
22.92
Unskilled male
dollars
Total women.
dollars..
16.70
Average weekly hours:
Nominal (both sexes)
hours
49.8
Actual (both sexes)
hours..
47.5
Wages of common labor by geographic divisions:
47
New England
cents per hour
43
Middle Atlantic
cents per hour
South Atlantic
cents per hour
28
East South Central
cents per hour
25
26
M^est South Central
cents per hour
East North Central
cents per hour
36
35
^Vest North Central
cents per hour
48
Mountain
cents per hour
52
Pacific
cents per hour
38
United States average
cents per hour..
Wage rates, U. S. Steel Corp.. .cents per hour..
40
Employment agency operations:
Applicants per job —
1.40
United States average
number..
1.32
Eastern States
number
1.77
Central States
number
1. 36
Southern States
rnimber
.71
Western States
..number..
DISTRIBUTION MOVEMENT
Mail-order houses:
Total sales
thous. of dolls.. 27, 916
Sears, Roebuck & Co
thous. of dolls.. 17, 073
Montgomery Ward & Co. -thous. of dolls.. 10,843
Ten-cent stores:
Total sales
thous. of dolls.. 30,628
2,015
Total stores
number
F. W. Woolworth & Co thous. of dolls.. 17, 829
1,405
Number of stores operated
7,510
6. S. Kresge Co
. thous. of dolls..
275
Number of stores operated
2,151
McCrory Stores Corp
thous. of dolls..
173
Number of stores operated
S . H . Kress & C o
thous . of (foils . . 3,138
162
Number of stores operated
Revised




487
244
86
89
76
124.1
95.5
88.3

500
258
91
90
79

267

+2.4
+1.9

+0.7
+3.1

13, 632
262.2
86
83
80

+3.1

+3.2

+1.1
0.0
+1.3

+3.5
+6.3
+1.3

64,638
153, 030

64, 794
154, 076

-0.8

-3.3

27.40
109.1
217.6
211.4
98
94
101

28.03
110.1
218.2
192.4
100
94
100

27.53
112.0
227.8
208.9
99
97
103

-0.5
-4.7

+1.0
-2.7

-6.7
-3.9
-2.1
-3.0

-3.1
-2.0
+1.1
-4.0

26.37
28.73
30.30
23.23
16.87

25.18
27.14
28.68
21.94
16.04

25.98
28.11
29.76
22.56
17.11

26.45
28.44
30.21
22.60
17.36

50.1
47.5

49.5
45.2

49.6
46.4

49.6
47.1

97.8
89.9

13, 722
295.3
88
84
77

14, 150

63, 054

62, 519

28.46
112.9
237.3
187.9
102
97
99

28.32
107.6

98.6

89
84
78

115.3

186.5
98
95
96

47
42
28
25
25
38
38
44
52
38
40

46
44
30
25
26
38
38
45
53
38
40

47
42
28
25
28
39
39
40
53
38
40

48
41
29
24
28
43
39
43
52
39
40

47
41
30
24
27
40
38
42
53
38
40

1.31
1.23
1.67
1.27
.65

1.05
.87
1.37
.89
.59

1.39
1.25
1.75
1.31
.67

1.26
1.16
1.64
1.11
.57

1.29
1.12
1.65
1.22
.59

28, 749
16,947
11,802

34, 836
19, 359
15,477

52, 340
30, 375
21, 965

23, 809
13, 476
10, 333

31, 448
17, 905
13, 543

41, 063
23, 801
17, 262

32,668
2,034
18, 780
1,411
8,178
285
2,329
175
3,381
163

32, 075
2,041
18, 129
1,415
8,222
287
2,284
175
3,440
164

39, 759

28, 787
1,908
16, 927
1,334
6,802
245
2,058
171
3,000
158

28,396
1,919
16, 528
1,345
6,851
245
1,894
171
3,123
158

34,046
1,929
20, 400
1,351
7,873
247
2,103
172
3,679
159

22, 989
9,992
2,732
4,046

-2.1 -4.2
+4.8 +7.3
+7.1 +3.4
0.0 +4.2
+4.0 -7.1
0.0 -11.6
0.0 -2.6
+2.3 +4.7
+1.9
+1.9
0.0 -2.6
0.0
0.0
-19.8
-21.3
-17.0
-29.9
-9.2

-1.8
+0.3
-3.5
+0.3
+0.5
+0.7
-1.9
0.0
+1.7
+0.6

-16.7
-25.0
-16.5
-19.8
+3.5

Where available, October data have been
included in this table. The cumulatives shown are in most instances,
however, only through September and,
where designated by a footnote, through
A ugust. Detailed data for items shown
here may be found on pages 29 to 151
of the August, 1925, "Survey"

July

PER CENT INCREASE (+) OR
DECREASE (— )

1924

1925

August

Septem-

3,151
220
2, 109

3,227
222
2,151

1,042

1,076

6,481
618
6,303
2,810
2,057
267
1,453
85
1,489
85, 660

8,298
645
6,326
2,840
2,050
267
1,330
87
1,979
99, 427

12, 142
644

25,085

28, 551

2,794

3,002

9,233
58,250

SepSeptember, tember,
1925,
Septem- October
1925,
from
ber
from
SepAugust, tember,
1925
1924

October

August

2,246

3,078
221
2,023

3,114
222
2,034

3,176
219
2,081

+50.0
+0.9
+2.0

1,055

1, 080*

1,095

5,301
547
6,201
2,529
1,903
254
1,501
84
1,408
76, 051

6,855
560
6,151
2,546
1,908
254
1,468
86
1,795
94, 696

8,430
566
6,502
2,548
1,949
253
1,588
84
2,213
108, 594

32, 489

22, 545

25, 898

29, 119

3,352

2,565

2,718

3,145

+7.4

+10.4

9,708
79, 221

9,064
69, 552

9,880
77, 980

12, 000
95, 784

+5.1
+36.0

2,771
29, 075

2,791
29, 318

2,591
27, 210

2,795
28, 398

3,052
30, 763

153, 426
1,425

167, 076
1,400

196, 454
1,550

200, 250
1,639

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH SEPTEMBER 30

Per
cent
increase
or de
crease

1925
from
1924

1924

1925

+3.6
0.0
+5.8

27, 033

27, 140

+0.4

17, 293

17, 711

+2.4

+3.3

-0.4

9,740

9,429

-3.2

+28.0
+4.4
+0.4
+1.1
-0.3
. 0.0
-8.5
+2.4
+32.9
+16.1

+21.1
+15.2
+2.8
+11.5
+7.4
+5.1
-9.4
+1.2
+10.3
+5.0

46, 574

56, 432

+21.2

53, 591

53, 355

-0.4

16, 117

17, 417

+8.1

12, 553

12, 262

-2.3

17, 876
842, 616

17, 944
865, 579

+0.4
+2.7

+13.8 +10.2

226, 286

244, 868

+8.2

24, 319

26, 368

+8.4

-1.7
+1.6

104, 709
825, 124

97, 784
686, 116

-6.6
-16.8

+0.7
+0.8

-0.1
+3.2

29, 256
294, 163

27, 490
272, 679

-6.0
-7.3

167, 286
1,458

+8.9
-1.8

-16.6
-14.6

DISTRIBUTION MOVEMENT— Con.
Restaurant chains:
Total sales
thous. of dolls..
2,967
Total stores _ _
.
number
218
Childs Co., sales
thous. of dolls
1,943
Waldorf System (Inc.),
1,024
sales
thous. of dolls
Chain stores:
J. C. Penney Co
.thous. of dolls. _
5,881
Number of stores
593
United Cigar Stores Co
thous. of dolls..
6,020
Number of stores
2,731
A. Schulte (Inc)
thous. of dolls..
1,965
Number of stores...
266
Owl Drug Co
_.
thous. of dolls
1,418
Number of stores. ..
85
Magazine advertising
thous. of lines..
1,675
Newspaper advertising.
thous. of lines
82, 044
Postal receipts, 50 selected
cities..
...thous. of dolls.. 25, 707
Postal receipts, 50 industrial
cities
thous. of dolls..
2,888
Money orders:
Domestic paid (50 cities) —
Quantity
_
number .
9,763
Value
.-_
..thous. of dolls.. 74, 469
Domestic issued (50 cities)—
Quantity
number
2,861
Value
. thous. of dolls .. 29, 361
Delinquent accounts, electrical trade:
Amount..
dollars.. 195, 347
Number of firms _
number
1,490
Hardware trade:
Sales index
145
Outstanding accounts (number of times
sales)
2.0
Internal revenue-taxes collected:
Firearms and shells .
thous. of dolls
445
Jewelry, watches, and
clocks
thous of dolls
561
1,544
Theater admissions
thous. of dolls..
Bonds and stocks issued and
conveyances
_
thous. of dolls..
2,599
1,111
Capital stock transfers
thous. of dolls..

2,421

144

145

128

137

150

+0.7

+5.8

2.0

2.0

2.1

2.1

1.9

0.0

-4.8

376

358

470

425

434

-4.8 -15.8

2,129

2,480

+16.5

524
1,407

550
1,812

893
3,198

459
1,577

593
2,021

+5.0 +19.8
+28.8 +14.9

16, 322
52, 184

6,564
18, 020

-59.8
-65.5

2,459
1,219

2,394
1,278

1,866
814

1,833
788

2,098
685

-2.6 +30.6
+4.8 +62.2

28, 193
6,715

23, 055
11,411

-18.2
+69.9

210, 408
717, 402
118
927, 928

187, 944
691, 227
107
879, 278

174, 284
609, 703
71
784, 058

181, 569
159, 318
614, 848
830, 831
87
75
774, 241 1, 012, 487

-10.7
-3.6
-9.3
-5.2

+18.0
+12.4
+42.7
+13.6

1, 756, 248
6, 070, 201
894
7, 827, 343

1, 873, 625
6, 777, 283
1,213
8, 651, 221

+6.7
+11.6
+35.7
+10.5

996, 704
68, 894

899, 216
20,045

798, 815
14, 828

788, 072 1, 083, 205
70, 805
13, 906

-9.8 +14.1
-70.9 +44.1

7, 978, 596
152, 147

8, 957, 610 +12.3
306, 702 +101. 6

623, 404
181, 048
126,892
931, 344

538, 166
175, 114
37, 800
751, 080

484, 966
141, 525
22, 949
649, 439

436, 618
145, 052
19, 369
601, 038

501, 459
198, 461
131, 134
831, 054

-13.7
-3.3
-70.2
-19.4

+23.3
+20.7
+95.2
+25.0

4, 845, 566
1, 388, 483
244, 039
6, 478. 084

5, 605, 919 +15.7
1, 670, 607 +20.3
519, 324 +112. 8
7, 795, 852 +20.3

109, 737
37, 808
3,682
151, 227

107, 367
37, 057
3,124
147, 548

99, 417
32, 530
2,339
134, 286

95, 049
33, 811
2,148
131, 008

109, 188
33, 405
3,025
145,617

-2.2 +13.0
-2.0
+9.6
-15.2 +45.4
-2.4 +12.6

968, 893
284, 922
21,615
1, 275, 430

1, 082, 608
326, 382
38, 623
1,447,611

+11.7
+14.6
+78.7
+13.5

9,039

9,121

8,164

8,231

8, 297,

+1.3

+10.8

3,671
1,510
2,161

3,707
1,513
2,195

3,195
1,425
1,770

3,227
1,433
1,794

3,263
1,439
1,824

+1.0
+0.2
+1.6

+14.9
+5.6
+22.4

3,680
1,040
1,989
545
106

3,694
1,041
2,001
547
106

3,440
1,098
1, 869
376
97

3,453
1,092
1,883
381
97

3,469
1,085
1,899
388
98

+0.4 +7.0
+0.1 -4.7
+0.6 +6.3
+0.4 +43. 6
0.0 +9.3

1,083
604

1,092
628

1,007
523

1, 012
539

1,017
548

+0.8 +7.9
+4.0 +16.5

646, 493
250, 608
138, 995
103, 737
81, 944
71, 209

601, 772
230, 427
127, 582
98, 954
80, 030
64. 779

508, 389
189, 574
112, 012
82, 024
68, 203
56. 576

487, 944
180, 485
106, 181
84, 217
62, 616
54. 445

572, 184
224, 325
124, 841
93, 489
69, 226
60. 303

5, 157, 008
2, 078, 711
1, 121, 965
788, 954
641, 802
525. 57fi

5, 944, 336
2,411,949
1, 264, 393
939, 27?
731,319
597. 399

+15.3
+16.0
+ 12.7
+19.1
+13.9
4-13. 7

BANKING AND FINANCE
Life Insurance
(Association of Life Insurance Presidents)
Poliices, new (45 companies) :
Ordinary
_
.number of policies
214, 633
734, 531
Industrial
number of policies
121
Group . . .
number of contracts ..
Total
number of policies and contracts.. 949, 285
Policies and certificates issued:
Total policies and certificates
number.. 976, 949
Group insurance certificates certificates.. 27, 785
Amount of new insurance (45 companies) :
653, 273
Ordinary
thous of dolls
182, 991
Industrial
thous. of dolls
54, 973
Group
thous. of dolls
Total insurance
J... thous. of dolls.. 891, 237
Premium collections (45 companies) :
125, 554
Ordinary
thous. of dolls
36,665
Industrial
thous. of dolls
3,375
Group
thous. of dolls
165, 593
Total ..
thous. of dolls
Admitted life insurance assets (41 companies) :
8,974
Grand total
mills, of dolls
Mortgage loans —
Total...
mills, of dolls. . 3,633
1,507
Farm
.mills, of dolls..
2,126
All other
mills, of dolls
Bonds and stocks (book values)—
3,666
Total
..mills, of dolls..
1,038
Government
..
mills, of dolls..
1,983
Railroad..
..mills, of dolls..
538
Public utilities
mills, of dolls-.
v
106
All other
mills, of dolls. _
Policy loans and premium
1,075
notes _
..mills, of dolls. _
599
Other admitted assets.. . _ .mills, of dolls. .
(Life Insurance Sales Research Bureau)
Sales of ordinary life insurance
United States total
Eastern manuf. district
Western manuf. district
Western agric. district
Southern district
Far Western district




(81 companies) :
thous. of dolls..
thous. of dolls
thous. of dolls..
thous. of dolls..
thous. of dolls. .
thous. of dolls..

687, 775
288, 206
143, 277
106,117
81, 108
69. 067

-6.9
-8.1
-8.2
-4.6
-2.3
-9.0

+23. 3
+27.7
+20.2
+17.5
+27.8
+19.0

45
1925

Where available, October data have been
included in this table. The cumulative* shown are in most instances,
however, only through September and,
where designated by a footnote, through
August. Detailed data for items shown
here may be found on pages 29 to 151
of the August, 1925, "Survey"

July

PER CENT INCREASE (+) OR
DECREASE (— )

1924

SepSeptember, tember,
1925,
Septem1925,
October
from
ber
from
SepAugust, tember,
1925
1924

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH SEPTEMBER 30

Per
cent
increase
(+)
or decrease

August

September

October

August

23, 265
19, 847

24,369
20, 872

2S, 916
24, 008

20, 916
17, 776

20, 734
18, 238

22, 506
20, 912

+4.7 +17.5
+5.2 +14.4

190, 651
166, 363

227, 134
187, 015

+19.1
+12.4

20, 219
16, 860

21, 774
18, 021

25, 952
20, 299

20, 342
15, 344

19, 291
15, 986

21, 585
18, 122

+7.7 +12.9
+6.9 +12.7

180, 226
142, 756

207, 231
158, 467

+15.0
+11.0

580
1,616
547
2,888
2,237
75.0

633
1,685
624
2,866
2,268
72.5

590
1,695
660
2,893
2,297
72.5

263
1,741
593
3,202
2,150
82.3

260
1,730
668
3,156
2,196
80.4

223
1,767
802
3.122
2,218
78.6

+9.1 +143. 5
+4.3 -2.6
+14.1 -6.6
-0.8 -9.2
+1.4 +3.3
-3.3 -9.8

13, 375
5,471
12, 755

13, 832
5,440
13, 048

13, 901
5,443
13, 082

12, 434
5,091
12, 419

12, 677
5,331
12, 630

12, 764
5,551
12, 922

4.31
4.00

4.56
4.19

4.90
4.40

2.00
3.25

2.13
3.13

2.45
3.13

+5.8 +114. 1
+4.8 +33.9

7, 562, 671
1, 326, 980
2, 095, 847
520, 820
521, 321
351, 147
244, 558
939, 038
153, 271
98,453
114, 110
74, 331
1, 119, 795
132, 100

7, 602, 098
1, 329, 853
2, 114, 729
519, 589
521, 120
348, 699
253, 104
940, 952
159, 071
99, 939
113, 957
75, 078
1, 126, 007
132, 159

7, 087, 421
1, 261, 004
1, 977, 476
490, 950
480, 963
322, 551
229, 159
901, 674
138, 576
90, 772
109, 229
66. 811
1, 018, 256
133, 929

7, 132, 377
1, 263, 800
2, 002, 659
491, 805
483, 342
323, 350
228, 710
902 737
138) 247
92, 078
108, 065
67, 805
1, 029, 779
133, 948

7, 154, 337
1, 268, 465
2, 001, 536
495, 093
489, 511
325, 899
228, 510
910, 932
141, 026
92, 444
106, 979
67, 849
1, 026, 093
134, 405

+0.5 +6.6
+0.2 +5.2
+0.9 +5.6
-0.2 +5.6
0.0 +7.8
-0.7 +7.8
+3.5 +10.7
+0.2 +4.2
+1.8 +15.1
+8.5
+1.5
-0.1 +5.5
+1.0 +10.7
+0.6 +9.3
0.0 -1.3

1924

1925

1925
from
1924

BANKING AND FINANCE- Continued
Banking
Debits to individual accounts:
New York City
mills of dolls
25, 458
Outside New York City
mills, of dolls.. 21, 559
Bank clearings:
New York Citv
mills, of dolls.. 23, 396
Outside New York City
mills, of dolls- 18, 570
Federal reserve banks:
Bills discounted _
mills, of dolls
468
Notes in circulation
mills of dolls
1,598
Total investments .
mills, of dolls
553
Total reserve
_
mills, of dolls. . 2,937
Total deposits
mills, of dolls..
2,201
Reserve ratio
per cent
77.3
Federal reserve member banks:
Total loans and discounts... mills, of dolls.. 13, 217
Total investments
..mills, of dolls..
5,506
Net demand deposits
mills, of dolls. . 12, 815
Interest rates:
New York call loans
per cent
4.30
Commercial paper 4-6 mos
per cent-3.93
Savings deposits, by Federal reserve districts
(balance to credit of depositors):
Total, 846 banks
thous. of dolls 7, 542, 166
Boston, 64 banks ... thous. of bolls 1, 324, 310
New York, 30 banks., -thous. of dolls.. 2, 098, 522
Philadelphia, 78 banks.thous. of dolls. . 520, 609
Cleveland, 18 banks thous. of clolls... 518, 577
Richmond, 91 banks thous. of dolls. _ 352, 398
Atlanta, 96 banks
thous. of dolls.. 242, 696
933, 901
Chicago, 209 banks
thous. of dolls
St. Louis, 32 banks
thous. of dolls.. 155, 878
Minneapolis, 15 banks.thous. of dolls__ 97, 975
Kansas City, 56 banks-.thous. of dolls.. 107, 769
73, 624
Dallas, 85 banks . thous. of dolls
San Francisco, 72 banks.thous. of dolls. .1, 115, 907
131, 610
U S Postal Savings
thous. of dolls
New York State Savings
banks
thous of dolls 3, 502, Oil

3, 502, 526 3, 487, 629 3, 529, 169 3, 261, 053 3, 302, 442 3, 308, 534

Public Finance
Government debt:
Interest-bearing
mills of dolls
20, 166
20, 199
20,447
Total gross debt
mills, of dolls.. 20, 488
6,241
6,208
Short-term debt
mills, of dolls __
49, 114
Customs receipts
thous. of.dolls.. 45, 156
Total ordinary receipts .
thous. of dolls.. 194, 945 ' 219, 915
Expenditures chargeable to
ordinary receipts
thous. of dolls.. 245, 593 214, 208
Money in circulation:
4,784
4,720
Total
mills of dolls
41.84
41. 31
Per capita
dollars
Business Failures *
Liabilities:
Total commercial
thous. of dolls. . 34, 505
Manufacturing
10, 932
establishments
thous. of dolls
Trade establishments
thous. of dolls.. 15, 961
7,612
Agents and brokers
thous. of dolls
3 42, 859
Banks (quarterly)
thous. of dolls
Firms: '
Total commercial
number. . 1,685
418
Manufacturing establishments number..
1,184
Trade establishments
...number..
83
Agents and brokers
number. .
3111
Banks (quarterly)
number
Dividend and Interest Payments
(For the following month)
Grand total
thous. of dolls.. 212, 590
Dividend payments:
Total . ..
thous. of dolls.. 83,690
Indus, and misc. corp
thous. of dolls.. 46, 300
Steam railroads ..
. . thous. of dolls.. 32, 275
Street railways ._
thous. of dolls. . 5,115
New Security Issues
Total corporation (Commercial and Financial
Chronicle) :
Purpose of issueNew capital .
thous. of dolls.. 348, 377
74,682
Refunding
thous. of dolls
Kind of issue160, 637
Stocks
thous. of dolls
Bonds and notes
thous. of dolls.. 262, 422
Total corporation (Journal of
Commerce)
thous. of dolls.. 321, 115
States and municipalities:
124, 657
Permanent loans
thous. of dolls
Temporary loans
thous. of dolls.. 33, 480
New incorporations
thous. of dolls.. 1, 066, 860

3 Quarterly figures, ending June 30, 1925.


+3.4
-0.6
+2.3

+9.1
+2.0
+3.3

-0.4

+5.6

20, 143
20, 418
6,186
51,017
512, 072

20, 141
20, 406
6,184
52, 835
202, 245

20, 981
21, 245
8,071
45, 621
185, 763

20, 983
21, 254
8,073
49, 759
487, 390

20, 978
-0.1
21, 242
-0.1
8,069
-0.4
49, 890
+3.9
255, 323 +132. 8

-4.0
-3.9
-23.4
+2.5
+5.1

415, 203
2,911,454

423, 493
2, 837, 369

+2.0
—2.5

330, 851

323, 432

196, 892

408, 797

320, 307

+54.5

-19.1

2, 445, 049

2, 606, 668

+6.6

4,827
42.17

4,901
42.77

4,774
42.28

4,806
42.52

4,880
43. 12

+0.9
+0.8

+0.4
-0.8

37, 159

30,687

29, 544

55, 154

34, 296

36,099

-17.4

430, 723

341, 750

-20.7

22, 339
13, 460
1,360

8,167
14, 990
7,530
* 11, 613

11,264
13, 530
4,750

29,924
16, 361
8,869

19, 468
10, 126
4,702
« 21, 543

15,619
16, 122
4,357

-63.4 -58.0
+11.4 +48.0
+453. 7 +60.1
-72.9 -46.1

244, 545
144, 146
41, 431

129, 496
162, 297
49, 957

-47.0
+12.6
+20.6

1,513
365
1,069
79

1,465
388
1,015
62
<46

1,581
408
1,111
62

1,520
414
1,024
82

1,306
360
883
63
«80

1,696
411
1,186
99

-3.2 +12.2
+6.3 +7.8
-5.1 +14.9
-21.5 -1.6
-58.6 -42.5

15, 226
3,961
10,420
715

16, 083
3,750
11, 597
736

+5.6
-5.3
+11.3
+2.9

318, 775

427,220

309, 395

315, 265

402, 250

288, 300

+6.2

3, 251, 140

3, 442, 060

+5.9

67, 525
44,900
17, 250
5,375

102,920
66, 365
25,905
10,650

73, 595
32, 350
33, 950
7,295

62,265
41,500
16, 250
4,515

97, 350
63,500
24,450
9,400

67,300
29,500
32,200
6,100

+52.4 +5.7
+47.8 +4.5
+50.2 +6.0
+98.1 +13.3

874, 239
484, 270
254, 645
73,590

917, 940
506, 070
265, 985
80, 840

+5.0
+4.5
+4.5
+9.9

211,750
29,237

294,309
16, 379

194, 987
92,862

273, 367
39, 059

283,641
56, 549

+39.0
-44.0

+7.7
-58.1

2, 411, 149
392, 437

2,984,263
512, 942

+23.8
+30.7

64, 370
176,617

74, 634
236,053

38,355
249, 594

50, 192
262, 234

78, 257
340, 190

+15.9 +48.7
+33.7 -10.0

642,464
2, 161, 223

878, 183
2, 719, 023

+36.7
+25.8

191, 121

234, 096

272, 220

279, 267

197,464

+22.5

2, 327, 636

2, 738, 557

+17.7

121, 174
92, 561
86, 373
121, 307
82,096
129, 037
4,370
71, 955
46, 040
76, 118
972, 735
478,680
572, 75]
585, 422
398, 950
< Q u arterly figiires, ending Sept. 30, 1925.

96,076
126, 375
543, 490

+40.4 +31.1 1, 156, 769 1, 082, 246
684, 752
591,020
+65.3 -41.0
-41.1 +19.7 5, 302, 280 7, 133, 639
«QUarterly fi gures, en ding Sept. 30, 1924.

-6.4
-13.7
+34.5

278, 096

+34.0

-10.5

-16.2

46

1925

Where available, October data have been
included in this table. The cumulatives shown are in most instances,
however, only through September and,
where designated by a footnote, through
A ugust. Detailed data for items shown
here may be found on pages 29 to 151
of the August, 1925, "Survey"

July

PER CENT INCREASE (+) OR
DECREASE (— )

1924

August

September

985, 160
513, 994

989, 960
519,237

57,886
26, 741

64,318
24,688

158.16
83.63
112. 71

162. 83
84.73
115. 71

174. 49
85.40
126. 39
53, 423

October

Septem-

October

Se
September,
*tember,
r
1925,
1925,

898, 179
426,467

905,536
430, 066

912, 568
435,829

+0.5 +9.3
+1.0 +20.7

48,873
60, 765

52, 279
58,069

60, 809
60, 672

+11.1 +23.0
-7.7 -57.5

119. 18
71.06
89.85

116. 73
70.28
89.90

117. 29
69.63
90.25

+3.0 +39.5
+1.3 +20.6
+2.7 +28.7

August

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH SEPTEMBER 30

Per
cent
increase
or decrease

from
from
SepAugust, ;ember,
1925
1924

1924

1925

1925
from
1924

BANKING AND FINANCE— Continued
Agricultural Finance
Loans outstanding:
Federal fa m loan banks thous. of dolls.. 980, 638
Joint-stock land banks
thous, of dolls.. 508,800
Federal intermediate credit
banks
thous. of dolls.. 58,333
Warfinancecorporation thous. of dolls. . 28,043
Stocks and Bonds
Stock prices, closing:
25 industrials, average
dolls, per share.. 149. 25
80.23
25 railroads, average
dolls, per share..
103 stocks, average..
dolls, per share
110. 75
Stock sales:
N. Y. Stock Exchange thous. of shares.. 32, 273
Bond sales:
237, 909
Miscellaneous
thous. of dolls
Liberty-Victory
thous of dolls
32, 192
Total. _
thous. of dolls.. 270, 101
Bond prices:
87.28
Highest-grade rails. p. ct. of par, 4% bond..
76.78
Second-grade rails. .p. ct. of par, 4% bond..
71.05
Public utility
p. ct. of par, 4% bond..
Industrial
p. ct. of par, 4% bond
76.85
Comb, price index.. p. ct. of par, 4% bond..
77.56

22,427

18, 150

18, 126

+12.2 +103.2

179,425

305, 719

+70.4

244,041
62,231
306,272

212,357
52, 665|
265,022

247,972
45, 164
293, 136

+10.7 +14.3
4 9 -60.0
+9.2 -0.5

2,020,294
688, 535
2, 708, 829

2, 370, 524
272, 589
2, 643, 123

+17.3
-60.4
-2.4

86.06
76.78
70.52
75.17
76.73

86.09
73. 52
71.57
74.14
75.93

86.47|
73. 69|
69. 94|
73.42|
75.40

86.67
74.36
70.10
73.75
75.74

.+0.6
+1.2
+0.4
+0.9
+0.8

+0.1
+4.4
+1.4
+2.0
+2.0

101.40

101. 92

102. 10

102. 66

102. 98

-1.0

-1.2

103. 81
97.71
4.15

104.00
97.55
4.21

102. 75
97.46
4.26

103. 84
96.63
4.12

103. 68
97.00
4.11

103. 67
97.13
4.11

+0.2
-0.2
+1.4

+0.3
+0.6
+2.4

32, 865

36,886

219, 278
22, 143
241, 421

242, 657
21,066
263, 723

86.00
75.99
70.66
74.27
76.34

86.54
76.91
70.95
74.92
76.92

102. 14

102.46

103. 40
97.47
4.07

(For 1st of following month)
5 Liberty bonds
p. ct. of par..
16 foreign governments and
city__
p. ct. of par..
Comb, price index, 66 bonds.. _p. ct. of par..
Municipal bond yield..
..per cent..
Long-term real estate bonds issued:b
Grand total
thous of dolls
Purpose of issueFinance construction... thous. of dolls..
Keal estate-mortgage.. .thous. of dolls..
Acquisitions and improvements
.thous. of dolls..
All other
thous of dolls *
Kind of structure—
Office and other
commercial
thous. of dolls..
Hotels.tbous. of dolls..
Apartments
thous. of dolls. .
All other
thous. of dolls..

•

60, 099

36,428

51, 808

18, 568

39, 818

30, 549

+42.2 +30.1

203, 891

481, 262 +136.0

37, 004
9,420

21, 180
11, 515

16, 350
13, 330

15, 258
2,935

30, 038
4,400

20,614
4,200

-22.8 -45.6
+15.8 +203.0

155, 278
35, 695

280, 617 +80.7
102, 175 +186. 2

8,145
5,485

650
3,083

13,068
9,060

375

2,300
3,080

4,590
1,145

+468. 2
+193.9 -194. 2

4,578
8,340

55, 378
43,048 +416. 2

13, 756
16, 655
6,630
23,058

10, 175
5,705
6,970
13, 578

11, 270
8,755
7,025
24, 758

10, 110
3,425
4,100
933

15,8801
2,795
8,358
12, 785

20, 570
3,215
3,124
3,640

+10.8 -29.0
+53.5 +213. 2
15 9
+0.8
+82.3 +93.6

88, 772
40, 943
48, 056
26,120

179, 144 +101. 8
84, 953 +107. 5
69, 097 +43.8
148, 070 +466. 9

Corporation Stockholders
( The following figures are quarterly)

Pennsylvania Railroad Co.:
Domestic
number.. 3 146, 988
Foreign
number.. 32,966
U, S. Steel Corp. common stock:
391,910
Domestic
number
Foreign
number.. 3 1, 525
Shares held by brokers.. .per cent of total.. 3 25. 45
American Telephone & Telegraph Co.:
Domestic
number.. 3 354, 279
3 3, 994
Foreign
_.
_
number
GOLD AND SILVER
Gold:
Domestic receipts at mint fine ounces..
Hand output
thous of ounces
Imports
thous. off dolls..
Exports
.
thous. o dolls
Silver:
Production
thous. of fine oz
Imports
.thous. of dolls..
Exports
thous of dolls
Price at New York
dolls, per fine oz..

« 143, 307
• 2, 903

* 90, 651
« 1, 526
* 25. 39

« 94, 904
» 1, 558
« 22. 82

-1.4 -4.5
+0.1 —2.1
-0.2 +11.3

< 355, 895
* 4, 102

« 338, 183
*3 199

+0.5 +5.2
+2.7 +28.2
758,316
7,342
269, 882
11, 159

727, 135
7,208
59, 831
204, 272

-4.1
-1.8
-77.8

5,631
5,829
9,465
.708

-6.1 -16.1
-38. 1 -36.5
27 6
96
+2.0 +3.2

47, 291
55, 772
79, 745

46, 694
49,195
74, 637

-1.3
-11.8
-6.4

4.46
.053
.044
.049
.385
.266
.189

4.49
.052
.044
.048
.391
.266
.192

-0.2 +8.7
0.0 -11.3
+10.8 -6.8
-2.2 -10.2
0.0 +4.4
—0.4 +0.8
-0.5 +2.1

.413
.323

.406
.325

.388
.337

—0.5' +0.5
0.0 +12.6

.999
.767
.099
.100

.999
.800
.101
.104

1.000
.836
.112
.111

0.0 +0.1
0.0 +14.6
+11.6 +33.7
+0.8 +15.4

87, 490
808
4,862
2,136

78,329
797
4,098
6,784

92, 132
810
18, 150
2,397

106,919
799
6,656
4,580

5,365
5,238
8,349
.694

4,934
7,273
8,285
.702

4,634
4,501
7,487
.716

.711

5,426
7,042
8,632
.685

5,523
7,083
10, 345
.694

4.86
.047
.037
.045
.402
.269
.194

4.85
.047
.041
.044
.402
.268
.193

4.84
.044
.040
.045
.402
.268
.193

4.50
.055
.044
.050
.388
.266
.188

.410
.366

.408
.366

.410
.366

1.000
.917
.121
.119

1.000
.917
.135
.120

1.001
.934
.148
.121

4
b

+2.7

-26.7
-0.3
-38.4
+48.1

92,830
818
10, 204
4,416

FOREIGN EXCHANGE RATES
Europe:
4.86
England
dolls, per £ sterling..
.047
France
dolls, per franc..
.037
Italy
dolls, per lire..
Belgium.
dolls, per franc..
.046
Netherlands
dolls, per guilder,.
.401
Sweden
dolls, per krone-.269
.194
Switzerland
dolls, per franc. _
Asia:
Japan
dolls, per yen..
.411
India
dolls, per rupee..
.366
Americas:
Canada
dolls, per Canadian doll..
1.000
.918
Argentina
dolls, per gold peso..
.114
Brazil
dolls, per milreis..
.117
Chile
dolls, per paper peso..
3
Quarterly figures ending June 30,1925.

8
Quarterly figures ending Sept. 30,1924.


-1.0
+0.5

< 145, 583
* 2, 981

127, 184
10 5
-1.4
828
19, 702 -15.7
4,125 +217. 6

Quarterly figures ending Sept. 30,1925.
See table on p. 25 of the September, 1925, issue for earlierjdata

47

1925

Where available, October data have been
included in this table. The cumulative* shown are in most instances,
however, only through September and,
where designated by a footnote, through
A ugust. Detailed data for items shown
here may be found on pages 29 to 151
of the August, 1925, "Survey"

July

PER CENT INCREASE (+) OR
DECREASE (— )

1924

August

Septem-

340, 074
100, 547

SepSeptember, tember,
1925,
1925,
October
from
from
SepAugust, tember,
1925
1924

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH SEPTEMBER 30

Per
cent
increase
( }
or tdecrease
(-)
1925
from
1924

August

Septem-

350,005

254, 542

287,144

310, 752

+2.9 +21.9

100, 370
12, 843
15, 067

98,849
12,620
13, 157

106, 559
14, 119
13, 753

32, 700

36, 525

-0.2 +1.5
-10.1 +1.8
+9.4 +14.5
+11.2 +16.6
-3.2 -4.3

105, 359
100, 853
48, 929
254, 924

888, 616
112, 207
111, 461
73, 754
295, 642

+13.8
+6.5
+10.5
+50.7
+16.0

ber

October

1921

1925

U. S. FOREIGN TRADE
Imports
Grand total
thous. of dolls.. 325, 648
By grand divisions:
EuropeTotal
thous. of dolls.. 93, 069
France
-thous. of dolls..
9,841
Germany
thous. of dolls.. 131820
Italy
thous. of dolls..
7,036
United Kingdom
thous. of dolls.. 33,196
North AmericaTotal
thous. of dolls.. 76, 188
Canada
thous. of dolls.. 38, 915
South America —
Total
thous. of dolls.. 41, 487
Argentina
thous. of dolls..
5,249
Asia and OceaniaTotal
thous. of dolls.. 111, 992
Japan
thous. of dolls.. 32, 133
Africa, total
thous. of dolls..
3,263
By class of commodities:
Crude materials
..thous. of dolls.. 124, 431
Foodstuffs, crude, and
food animals
_ __ -thous. of dolls
42, 366
Manufactured foodstuffs ... thous. of dolls.. 34, 231
Semimanufactures
thous. of dolls.. 58,983
Finished manufactures
thous. of dolls.. 64, 836
Miscellaneous
thous. of dolls. _
1,152

2,669,871 3, 079, 555
781,045

+15.3

32, 312

6,724
31,288

79, 907
11, 059
11, 869
4,108
25, 870

71, 706
36, 282

76, 548
37, 356

30,282

70, 051

73, 953
31, 297

75, 109
33, 774

+6.8 +3.5
+3.0 +19.4

779, 637
293, 791

744, 268
321, 732

-4*5
+9.5

41, 932
5,152

44, 321

34, 423

4,258

30,632
5,442

42, 103

+5.7 +44.7
+8.8 +3.0

337, 919
59, 722

388, 808
62, 308

+15.1
+4.3

119, 732
35, 727

123,239

67, 314

80, 667

82,899

+2.9 +52.8
+34.3 +34.7
-15.9 +81.6

718, 390
242, 764
52, 880

687, 014
268, 643
70, 848

+37.4
+10.7
+34.0

+47.8

896, 894

1, 228, 435

+37.0

+23.3 +55.2
+11.2 -13.4
56, 654 —11.1 +10.8
-0.4 -1.6
70, 574
2,319 +141. 8 +29.8

304, 282
426, 356
476, 859
549, 769
15, 711

356, 018
341, 964
559, 785
574, 778
18, 575

+17.0
-19.8
+17.4
+4.5
+18.2

3, 124, 491

3, 503, 168

+12.1

1, 574, 978
190, 250
281, 778
118, 413
614, 883

1, 835, 965
188, 521
338, 674
153, 503
688, 964

+16.6
-0.9
+20.2
+29.6
+12.0

14,287

13, 770

6,046

5,603

47, 970

5,766

9,026

4,745

5,526

29,610
2,848

140, 524

142, 198

83, 288

96, 242

100, 113

36, 702
29, 786
65, 302
65, 664

45, 247
33, 110
58, 021
65, 370

29,152
38,243

42,443
38,695

6,059

31, 471
30, 396
47, 140
60, 466
1,781

6,567

2,506

35,601
3,043

52, 384
66, 456

4,667

29, 308
4,128

+1.2

H

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 AmericaTotal
.
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..
Miscellaneous
thous. of dolls..
Agricultural exports (quantities) :
All commodities .. . index number
All commodities except
cotton
.
index number..

339, 646

379, 853

420, 318

330, 660

427,460

527, 172

+10.7

155, 027
14, 402

228, 379
20, 545
52, 117
12, 793
90, 334

156, 103
20, 524
19, 279
13, 220
65, 687

235, 729
28, 217

290,598

12, 268
57, 738

180, 873
18, 212
34, 114
11, 601
63, 099

44,381

12, 793
96, 663

26, 787
49, 651
21, 955
125, 418

+26.3 -3.1
+12.8 -27.2
+52.8 +17.4
+10.3
0.0
+43.2 -6.5

101, 556
62, 596

101, 375
60, 781

102, 819
63, 338

94, 563
50, 385

112, 150
70, 455

133, 387
86, 265

+1.4
+4.2

-8.3
-10.1

786, 370
446, 663

854, 541

490,243

+8.7
+9.8

32, 275
11, 977

38, 125
14, 390

29, 006
9,661

30, 538
12, 399

24, 224

9,628

32, 820
12, 764

23.9
-32.9

+19.7
+0.3

225, 499
83, 518

282, 948
106, 514

+29. 9
+27. 5

44, 896
10, 947

50, 790

5,876

53, 107
18, 012

44,333
9,635

49, 405
15, 765

6,123
325, 027

419, 064

518, 357

+4.6 +7.5
+36.1 +14.3
-19.5 +17.7
+10.8 —1.5

485, 416
163, 379
52, 248
3, 054, 345

455, 940
137, 875

331, 647

7,008
412,698

64, 195
28, 927

8,701
372, 467

3, 436, 991

-6.1
-15.6
+22.1
+12.5

56, 340

71, 472

131, 579

63, 044

127, 974

162,442

+84.1

+2.8

799,202

879, 273

+10.0

22, 555
43, 339
57, 802
151, 099
512

28, 564
47, 514
52, 149

31, 728
44, 378
47, 166
138, 234
477

66, 064

48 3
+7.8
+1.0
+13.7
+71.9

192, 311

257, 457

49, 556
126, 198
438

100, 285 +19.7
60, 330 +10.8
53, 354
4.0
141, 179 -16.8
767 +108.0

505, 021
1, 366, 715

+33.9
+4.2
+11.8
+13.9
+28.7

23,588

13,238

5,952

6,232

-1.7

63,774

362

34, 179
52, 659
50, 058
143, 470
753

70

82

128

92

158

204

+56.1 -19.0

125

137

158

162

229

298

+15.3

103,280

81, 492

82,074
112,414

78, 663
109, 574

61,970

63, 901
82, 456

68,183

720,958

657, 265

104, 316

-4.2 +23.1
2 5 +32.9

612, 785

74, 822

820,822

+7.3
+13.9

2,492
25, 660

6,495
23,508

10,206
22,646

4,947
18,616

20,395

12,497
25, 793

+57.1
2.0
-3.7 +11.0

42, 256
69, 238

45, 370
95, 066

+7.4
+37.3

21
22
1,273

27
25
1,195

35
37
1,278

23
23
1,202

23
18
1,314

29
20
1,715

+29.6 +52.2
+48.0 +105. 6
+6.9 -2.7

518
580
11, 442

374
507

1,647

11,035

-27.8
-12.6
-3.6

2,504

949
110

1,600
142

3,531
183

1,145
128

1,779
158

2,460

+68.6
+29.1

-10.1
-10.1

30, 684
1,686

26,466

187

-13.7
-8.7

None.
2,032
3,400

None.

155, 100

21,000
4,306
2,575

178,902
6,880
28,265

1,000
1,271

+62.7

-13.3
-63.7
-73.3

242, 542

1,534

2,496
7,550

298,413

None.

36,827
122,967

-18.7
-46.6
-8.7

121, 664
122, 305

120, 656
120, 272

124, 704
124, 689

114,417
112,802

108, 100

+3.4
+3.7
-3.0
0.0
-4.7

+15.4
+16.7
+6.1
+14.2
+32.2

1,015,793 1, 113, 468
1,008,079 1, 110, 766

+9.6
+10.2

1,017,500

+12.2
+3.5

172,406

48,834

406,033

452, 543
1, 200, 031

4,225

423,087
5,438

-31.0

CANADIAN TRADE AND INDUSTRY
Total trade:
Imports
thous. of dolls
Exports
thous. of dolls
Exports of key commodities (quantities) :
Canned salmon
thous. of pounds..
Cheese
thous. of pounds
Production:
Pig iron
thous of long tons
Steel ingots
thous. of long tons..
Bank clearings
mills, of dolls
Business failures:
Liabilities
thous. of dolls
Firms
. number
Bond issues:
Govt. and provincial
thous. of dolls..
Municipalthous. of dolls..
Corporation
thous. of dolls..
Newsprint paper:
Production
short tons..
Shipments
short tons
Stocks
short tons
Exports (total printing)
short tons..
Building contracts awarded
thous. of dolls..




154

23,258

107, 767
22, 179

23,564

116, 232

31,207

22,864
116,278
29,743

20, 380

29,647

94,486
26, 664

10, 41S

106,882
21,547
101, 843

22,506

3,325
113, 156
112, 324

22,304
99,812
21,067

69, 012
134, 656

906,747
201, 710

1,539

208, 676




PlIBiatolp^ ClF THE DEPARTMENT OF COMMEKCE
;
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