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.,'••• . UNITED „'STATES;.
- ..
DEPARTMENT OF COMMERCE
WASHINGTON

SURVEY OF
OdTQBER, 1928
No. 86

COMPILED BY

BUREAU OF THE CENSt)$
IN COOPERATION WITH

BUREAU OF FOREIGN AND DOMESTIC COMMERCE
BUREAU <3F STANDARDS

IMPORTANT NOTICE
In addition fo figures given from Go^ernme^t sources^ There ape also incorporated for completeness of
service figures from other sources generally accepted by the ttades} the authority and responsibility
for^hicft are noted in the "Sources o/ Data" on pages 139-142 of the dugu/t, $928)semiannual issue

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V. S. COVERNHENT PRtNTIHO OFFICB. l»2»

INTRODUCTION
The SURVEY OF CURRENT BUSINESS is designed to
present eadh month a picture of the;business situation
by setting forth the principal facts regarding the v^rious lines ;qf "tifadd and industry. The figures reported
; are'yery. largely ^those already iiis existence*/ The
< * chief function of the <Je]partnient is to. bring together
these }dat& \^hieh', if available, ait all, are scattered
jri huBdr^dLs-of fiifferent/publicfitioii's. A portion of
these data are collected by Government departments,
other figures are compiled >by 'technical journals, and
.still others are ^ported by trade associations.
^At.s^miahnuftl intervals detailed tables ^re pub-'
Ii$he4 giving,"for each item, monthly figures for the
past two ^e^sane)^ yearly comparisons, where available, baek;to 191$;: alk> l>lank lines sufficient; for six
rnonths fiave been; Mt at the bottom of, each»table,
^enabling those who careTto do so to ent;>er new figures
as soon &s they Appear (s&e August, 1928, issue). < In the
iat^rveiiing months the niore important comparisons
only are friveVin 9 the table entitled- ^Treriii<)f busi-Jl

designed to show the trend of an entire group of
industries or for the country as a whole, instead of for
the single commodity or industry which the relative
number covers. Comparisons ^th the base year or
with other periods are made in the same manner o& in
case of relative numbers.
RATIO CHARTS
In most instances the charts used in the SURVEY,
OF CURRENT .BUSINESS are of the, type termed " Ratio
Charts" (logarithmic scale), notably the Business
Indicator charts on, page 2. These charts show the
percentage ^ increase and allow direct comparisons
between the slope of one curve and that of any other
curve regardless of, its location on the diagram; that
is, a 10 per pent increase in an item is given the same
vertical movement whether its curve is near the bottom or near 'the top of the chart. The difference
between this and the ordinary arithmetic form oi;
chart can be made clear by an example. If a certain
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-.->.'
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item having a relative number of 4&0 in one month
increases 10 per cent in the following month, its
WEEKLY SUPPLEMENT
relative number will be 440, and on ;an ordinary
(
chart
would be plotted 40 equidistant scale points
^ Realizing thjat Current statistics are liigbty parish^ ,abje and that to Ife of use they must rekch the business higher than ? the preceding monthis. , Another move* tf$iari at tite earliest possible foment, the Department ment with a relative number of, sky, 50 also increases
rh&s arranged, to disiribHte supplements^very week to 10 pet cent, inaking its relative number 55. On the
subscribers in the United States* Th$ supplements are ordinary (arithmetic) scale this intern would rise only 5
' usually mailed;*m Saturdays $nd,.gfere such information equidistant joints, whereas the previous item rose 40
Vast has been receiyiBd, dtiring the week ending on, the points, yet each showed tlje same percentage increase.
preceding Tuesday.\ The monthly information ,con- The ratio charts avoid difficulty and give to each
V tained in theise bulletins is republished in the SUBVBY, of the two movements exactly the same vertical rise,
and the supplements also contain charts arid tables and hence the slopes of the two lines are directly
comparable. The ratio charts compare percentage
qf weekly dat$.s ; ' .'-',
'/•''changes, while the arithmetic charts compare ^absolute
RELATIVE AK& INDEX NUMBERS
changes.
.
f
To fa6ilitp,te comparison between different imporRECORD BOOK
t,
tant items und to ch^rt series expressed in differesiu
As ,an aid to readers in comparing present data
units, 'relative : numbers (often .called ^injiex num- with monthly statistics in previous years, the departbers^'' a t^rm referring, mofe particularly to, a special ment is^ .compiling a . RECORD Boo& OF BUSINESS
/ jkintl of nuinbey described below) have be^n ealcu- STATISTICS^ in which data now carried in the SURVEY
lated. TBe monthly average for ,1923-19^5 has OF CURRENT BUSINESS are shov^n by months as far
usuaBy been used is & base equal to 100.^ ,
back as 19Q9, if available. Full descriptions of the
Tjie r^ativ^ numbers arfe competed by allowing the figures and Deports of how the data are used in actual
monthly average for the base year or period to equal practice by business firms axe contained in the RECORD
100. If the movement for a current, month is greater BOOK. ,The sections covering textiles and metals have
than theSase; the relative number npilTbfe greater tlian already been issued and may be obtained for 10 cents
100, and vice, vers^. The difference between lt)0 and per copy from the Superintendent of Documents, Govi the relative jitimber willi; give at on^e, £he percent ernment Printing Office, Washington, D. C, (Do not
; increase or 3e4rea^e compared,with the' base period. send stamps.) Notices of other sections will be given
(Thus a relative number of 115 m^arfe an incrM&e of 15 in the SURVEY as they are issued:
{per <?tot otei; th0\ b^se period, wl^ile^a relative* number
METHODS OF USE
; "of 80 mean(a a decrease of 20 per drent from the base. /
"Relative numbers trtay also be us^d to caloi]ila.te the
Methods of using and interpreting current business
\ ;appro^imate percentage increase or decrease in a move- statistics have been .collected by the department
ment from on© period to the, next. Thus, if a relative from many ' business concerns and- are described in a
f.numblir at pne,mopth is 12Q and for a Jatei* month it booklet entitled "How to Use Current Business
Statistics," together with methods of collecting stais 144'there ha^ been an increase of 20 p^r\cent. ,
\When twb or more series of relative numbers afe tistics. This booklet may be obtained from the
combined ,by a system of weightings, the resulting Superintendent of Documents, Government Printing
. seri^s/is, dendtnxn^ed an^ index number. The index Office, Washington D. C., at 15 cents per copy. (Do
^number, bfy c^olhbining. many relative nic(ibersi is not send stamps.)
This issuefpresents practically complete <fa#a for the month of August and contains text covering the early weeks of
September (page /)> for which tfoe basic figures In table and chart form are presented regularly in the weekly supplements*
A» most dafacom^hg^a particular month's business are not, available until horn 15 to 30 days after the close of the month,
ja complete picture of that monies operations c.an not be presented at an early date, but the weekly supplements give
every iffeek t h e latest, data available.
" , ' , - ;




UNITED STATES DEPARTMENT OF COMMERCE

SURVEY OF
CURRENT BUSINESS
C O M P I L E D BY

B U R E A U OF THE C E N S U S
IN

COOPERATION

WITH

BUREAU OF F O R E I G N AND DOMESTIC C O M M E R C E AND B U R E A U OF STANDARDS

No. 86

October, 1928

WASHINGTON

CONTENTS
SUMMARIES

Preliminary summary for September
Business conditions in August
Monthly business indicators (table and chart)
Wholesale prices (table and charts)
Indexes of business
Automobiles, building, mining, manufacturing (charts).
Electric power, transportation (charts)
NEW DETAILED

Commercial price indexes:
Dun's
Bradstreet's
Business failures by groups.
Imports of raw cocoa
Ohio employment

INDEX BY

Page
1
4

2,3
6,7
15

TABLES

18
18
19
47
48

SUBJECTS

Textiles
.
Metals and metal products
Fuels
Automobiles and rubber
Hides and leather
Paper and printing
Building construction and housing _ _
Lumber products
Stone, clay, and glass products
Chemicals and oils
Foodstuffs and tobacco
Transportation and public utilities _.
Employment and wages
Distribution movement (trade, etc.)Banking, finance, and insurance
Foreign exchange and trade

Text
page

Table
page

9
10
11
11
11
11
12
12
12
12
13
14
5
14
14
14

22
24
28

27,29
30
30
31
32
34
35
36
40
42
43
43
46

PRELIMINARY SUMMARY FOR SEPTEMBER
The volume of business during the early weeks of
September, as reflected by check payments, was
greater than in the same period of last year. Early
figures covering the value of new building contracts
also show larger activity than a year ago. Operations
at steel plants averaged higher than in either the
preceding month or the same period of last year.
Employment in Detroit factories, indicating in large
measure conditions in the automobile industry, continued to increase, both over the preceding month and
the corresponding period of 1927. Loans and discounts of Federal reserve member banks were somewhat higher than in the preceding month, being above
the level of a year ago, as well. Interest rates on both
time and call funds averaged higher than in either
the previous month or the same month of last year.
The wholesale price index continued to rise, being
higher also than in September a year ago. Prices for
wheat showed but little change from the preceding
13512—28



1

week but cotton prices were lower. Prices for iron
and steel showed continued slight recovery but were
still below a year ago. Copper prices averaged higher
than in either the previous month or September of
last year.
Stock prices averaged higher than in either the
previous month or the same period of 1927, while bond
prices, though showing some recovery from August
were lower than a year ago reflecting higher interest
rates. Brokers7 loans were higher than in the previous
month, being above a year ago, as well. The Federal
reserve ratio averaged somewhat lower than in August
and was considerably lower than in September of last
year. Business failures were less numerous than in
August and showed but little change from a year ago.
The output of lumber fell behind a year ago, while
bituminous-coal production made similar comparisons.
Carloadings of freight were running at about the level
of last year.
(1)

MONTHLY BUSINESS INDICATORS,
[Ratio charts see explanations on inside front cover. The curves on check payments, wholesale ii-dc. sales of mail-order houses «nd iO-cent chains, and dep:>artiw;nt
stores have been adjusted for normal seasonal variations, and manufachiring production for trie v a r y i n g number of working day- in the month as well]

1923 j 1924 i
""

19.25 i 1928 i I927__, „ I928_j

L"

""^i»l_>v"'U—«V-^

U^***

i

i .1923 .._.1924

J925. .... 1926 . r . .1927 ,, : . 1828... .^

\^**^_^l

FACTOR/ F M W . ' J Y M £ N T !

j

SALES BY TEN CERT CHAINS
NET TON-MILE OPERATION

BUSINESS FAILURES. LiABlLITIES

-— —-I-

4-^—

[UNFILLED STEEL ORDERS
Ll.i-l.i t 1 ig.,I i i.i_i.i.I l i I i.g_[ i i . l 1 i ! uJ

1923 ! 1924 T 1925 I 1926 ! 1927 i 1928 I



1923 T J924 T 1925 r T926^T 1927 i 1928

MONTHLY BUSINESS INDICATORS
The principal business indicators are shown below, all calculated on a comparable basis, the average for the years 1923 to 1925,
inclusive. Thus the table gives a bird's-eye view of the business situation in a concise form, so that trends of the principal indicators
may be seen at a glance.
Certain indicators, in which there is a marked seasonal movement, are shown with the average seasonal variations eliminated,
as noted below. In this manner a more understanding month-to-month comparison may be made.
MONTHLY AVERAGE
1923

ITEM

1934

1925

1930

1928

1927

1937 June July Aug. Sept. ! Oct. Nov. Deo.
i

1
Jan. Feb. Mar. Apr. May June

July Aug.

1923-1935 monthly average=100
Industrial production:
Total manufacturing
Total minerals
Pig iron
Steel ingots
Automobiles..
Cement
Lumber (5 species)
Cotton (consumption)
Wool (consumption)
Haw material output:
Animal products.
Crops
Forest products
Crude petroleum
Bituminous coal
Copper
_ _

107.0
106.0
98.6
101.2
93.5
147.4
107.5
123.4
98.1

105.0
105.0
92.9
94.6
78.9
140.8
105.8
122.2
101.6

102.0 98.0 99.0
105. 0 101.0 103.0
93.2 88.6 90.2
95.9 90.5 91.9
66.6 40.7 40.4
138.2 116.3 96.5
101.5 94.4 82.9
119.4 121.9 105.9
103.7 87.8 88.0

100.0 104.0 96.0 96.0 97.0 123.0 109.0 105.0
92.0 104.0 104.0 109.0 113.0 60.0 65.0 115.0
99.0 97.0 104.0 98.0 93.0 96.0 89.0 99.0
99.4 96.9 103.7 104.6 122.3 122.7 128.3 128.3
. -~- 108.0 92.5 99.5 109.7 99.4 84.1 77.2 95.7
93.4 100.2 106.4 110.2 104.0 105.4 99.4 102.0

87.0
183.0
98.0
123.6
96.2
100.0

95.0 92.0 88.0 96.0 94.0 97.0 95.0
219. 0 166.0 120.0 98.0 81.0 77.0 81.0
96.0 93.0 86.0 81.0 87.0 96.0 96.0
126.3 121.3 122.1 117.8 110.9 122.2 117.5
101.0 93.3 94.8 101.6 94.9 100.9 73.9
106.1 103.2 101.9 103.8 102.2 106.6 105.7

101.0
105.0
111.7
104.8
_. .. 101.5
92.1
98.6
105.9
112.8

~.

_

Power and construction:
Electric power
Building contracts (37 States)
Unfilled orders:
General index
U. S. Steel Corporation

92.5
89.7
121.7
125.8

94.0
96.0
86.7
88.7
90.9
99.8
96.2
89.7
94.6

105. 0
99.0
101.5
106.4
107.7
108.1
105.2
104.4
92.6

108.0
107.0
109.0
113.1
108.5
110.0
101.5
108.5
89.7

106. 0
107.0
101.0
104.6
85.7
115.3
94.9
120.3
97.0

108.0
104.0
103.4
101.1
97.5
138.6
99.9
129.1
95.0

106.0
100.0
98.8
92.7
81.3
140.1
96.5
110.9
84.1

107.0
103.0
96.1
115.4
70.2
78.6
76.1
113.5
95.2

111.0
103.0
97.1
117.0
98.1
70.8
87.2
111.8
102.0

110.0
105. 0
107.1
130.4
125.2
82.3
97.1
113.3
98.7

110.0
103.0
106.6
124.5
124.2
108.4
98.7
102.3
82.0

110.0
105.0
109.9
121.6
129.0
139.0

110.0
99.0
103.1
108.3
120.1
140.6

112. 6
92.7

99.5
87.1

111.0
101.0
102.8
110.3
118.5
140.4

114.0
105.0
105.0
120.9
138.9
150.7

85. 5 102.6
80.4 95.2

108.0 116.0 108.0 97.0
72.0 52.0 87.0 114.0
101.0 97.0 88.0 96.0
122.5 118.1 122.9 126.8
84.1 82.6 83.3 94.4
111.8 111.0 111.3 116.8

98.1 109.5 122.6 133.3 129.5 129.2 133.5 131.7 138.2 137.1 143.8 144.9 137.0 144.5 136.7 142.2 139.8 142.4 149.3
92.7 117.6 111.0 106.8 118. 6 102.4 110. 1 101.9 115.0 105.2 95.2 96.0 103.7 132.7 142.4 143. 5 142.2 123.7 118.8
87.0
83.6

91.3
90.6

84.6
82.1

74.0 72.2
71.1 63.9

72.1
65.8

71.5
66.9

69.9
65.9

67.0
70.0

67.1
72.4

71.5
83.2

81.2
89.5

81.6
92.1

81.4
90.8

76.8
81.1

73.9
71.6

75.2
76.2

77.1
74.8

69.3
75.9

Stocks:
* General index
* Manfd. commodities (28)
Cotton ...
Copper (refined) .
Employment:
Factories
Prices:
Farm products, to producers
Wholesale, all commodities
Retail food..
Cost of living (including food)

94.5 102.0 103.5 114.6 120.5 106.1 104.1 108.2 119.0 131.7 134.2 133. 4 129.0 130.0 127.0 122.0 116.0 109.0 104.0 107.0
93.8 103.2 103.0 106.3 111.5 113.6 115.7 114.1 112.8 108.6 109.6 111.4 115.0 120.0 120.0 119.0 118.0 119.0 117.0 113.0
102.5 91.4 106.2 145.5 153.2 100.3 85.8 87.6 135.2 179.8 200.0 195.8 178.8 159.1 135.7 117.8 98.7 74.6 58.4 52.4
106.4 113.9 73.1 64.8 85.4 85.1 92.2 82.7 76.4 74.1 80.3 84.2 85.2 76.8 77.1 64.4 58.6 52.0 48.5 48.4
106,6

96.3

97.8
99.7
97.6
98.1

97.1
97.2
97.6
99.9

Distribution (values) :
* Bank debits, 141 cities
* Wholesale trade. .
* Department stores, sales
* Mail-order houses, sales
* 10-cent chains, sales
Imports.. _
Exports

91.2 96.7
101.0 98.0
98.0 99.0
92.0 98.0
88.0 99.0
97.8 93.1
91.5 100.8

Transportation :
* Car loadings
Freight, net ton-miles

99.8
102.2

87.2

98.0

94.3

93.1

93.2

93.8

93.4

91.6

90.7

89.8

91.2

91.8

91.4

91.2

91.3

90. 3

91.7

106.6 98,6 94.9 94.2 94.2 95.7 101.4 100.7 99.3 99.3 99.3 97.8 99.3 101.4 107.2 105.1 105.1 100.7
102.6 99.1 95.4 93.0 93.3 94.4 95.6 96.1 95.8 95.9 95.4 95.5 95.1 96.5 97.7 96.7 97.4 98.0
104.9 107.6 103.6 108.2 102.9 101.6 102.9 104.3 104.9 104.2 103.6 101.3 101.2 101.6 102.8 102.0 102.1 103. 0
102.3 102.3 99.9 100.5 98.7 98.7 99.3 99.9 98.9 99.9 99.2 98.4 98.1 97.9 98.4 98.0 es.o 98.0
130.7
91.0
105.0
117.0
144.0
110.1
128.7

132.1
95.0
107.0
119.0
140.0
106.6
121.4

136.9
93.0
lll.G
128.0
147.0
102.5
107.4

97.6 102.8 106.8 104.0 128.9 81.4 103.3 103.3 101.3
95.9 101.9 109.1 101.6 103.1 102.9 112.5 115.1 122.1

95.2
99.8

96.8
92.7

121.4
92.8
92.2
114.9
171.6
190.0
85.3

123.2
92.8
86.5
115.6
171.1
193.7
120.9

111.9
101.0
103.0
110.0
113.0
109.0
107.8

119.6
98.0
106.0
115.0
125.0
114.3
105.5

132.5
95.0
106,0
120.0
138.0
107.9
108.8

Finance:
Member bank loans and discounts. 94.1 98.5 107.4 112.9 117.3
Interest rate (commercial paper) . . 116.2 90.0 93.5 100.9 95.4
Federal reserve ratio
99.0 104.1 98.9 96.0 99.1
96.4 99.9 103.6 108.0 112.5
Price, corporation bonds
Price, railroad stocks..
86.0 98.1 117.9 133.4 162.7
Price, industrial stocks
86.1 91.9 122.0 132.4 171.4
Failures (liabilities)
106.0 106.8 87.2 80.4 102.3




95.0

129.7
93.0
104.0
121.0
135.0
109.9
94.0

117.5
98.6
100.5
111.2
165.3
168.8
81.3

127 8
95.0
103.0
127.0
139.0
98.9
90.1

115. 7
98.6
103.2
111.4
167.3
177.3
101.8

137.6
100.0
111.0
133.0
140.0
114.2
98.7

117.3
92.8
101.4
112.9
167.9
183.7
92.4

141.0
96.0
109.0
122.0
141.0
105.9
112.0

119.3
92.8
98.8
113.4
171.5
193.9
77.3

* Seasonal adjustments.

120.0
92.8
96.4
114.4
168.5
186.4
85.6

142.1
95.1
105.0
113.0
140.0
104. 6
108.2

149.6
97.0
105.0
116.0
142.0
108.7
97.8

164.8
92.8
105.0 !
113.0
142.0 |
117. S
110.8 !

98.0 101.8 129.0
97.2 95.7 105.8
121.9
92.8
95.5
115.9
169.1
193.5
112.3

120.9
92.8
96.0
115.8
164.7
191.2 1
106.3

161.8
89. 2
103.0
117.0
147.0
106.9
95.9

168.8
96.2
104.0
132.0
144.0
109.6
111.1

165.4
89.2
104.0
144.0
153.0
98.2
102.3

140.4
93.7
108.0
153.0
148.0
98.4
99.8

149. 9
98.8
106.0
160.0
144. 0
107.4
100. 3

83.0 106.4 127.0 82.0 102.9
96.1 105.2 100.0 105. 0

123. 3 ! 127.3
95.8 101.6
95.6 90.9
115.7 ! 116.0
170.1 ! 176.0
204. 8 ! 210.4
129.3 I 82.5

126.9
104.4
89.2
115.0
178.9
213.2
85.2

128.4
113.2
84.7
112.3
169.5
202.1
66.0

126.6
119. 0
88.9
110.9
170. 3
206.1
69.8

125.6
124.8
90.0
109.8
173.8
213.4
137.3

BUSINESS CONDITIONS IN AUGUST
PRODUCTION

month but was lower than a year ago. Compared with
last year, with no adjustments, wholesale trade in
Manufacturing production, after adjustmentf.for sea- groceries, meats, furniture, and drugs was larger in
sonal conditions, was greater than in either the previous August, while as compared with the previous month,
month or the same month of last year. The principal wholesale trade in all lines was larger. Sales by degains over a year ago occurred in iron and steel, automo- partment stores, after adjustment for seasonal conbiles, rubber tires, and nonf errous metals. Declines from ditions, were smaller than in July. The unadjusted
last year were noted in textiles and food products. The | index, however, showed a gain over the previous
output of minerals, although greater than in the previ- I month. Merchandise stocks of department stores
ous month, was smaller than a year ago, while marketings | held at the end of the month without adjustment for
PRODUCTION, STOCKS, AND UNFILLED ORDERS FOR MANUFACTURED- COMMODITIES
[1923-1925 monthly average—100. Adjustment has been made for the seasonal movement and relative number of working days for production
principally those of iron, steel, building materials, and textiles. August, 1928, is latest month plotted]

Unfilled orders are

140

1923
1924
1925
of animal products and crops were lower than in August,
1927.
COMMODITY STOCKS

The index of commodity stocks showed a gain over
the previous month but was lower than a year ago.
As compared with last year both raw materials and
manufactured goods were held in smaller quantities.
SALES

The general index of unfilled orders showed declines
from both the previous month and August, 1927. As compared with July, declines were registered in unfilled orders
for textiles, transportation equipment, and lumber, the
iron and steel group remaining unchanged. Compared
with a year ago, textiles and transportation equipment
showed smaller orders, while iron and steel and lumber
manufacturers had larger orders on their books.
Wholesale trade in August, after adjustments for
http://fraser.stlouisfed.org/
seasonal changes, showed a gain over the previous
Federal Reserve Bank of St. Louis

1926
1927
1928
seasonal, were larger than at the end of the previous
month.
Sales by mail-order houses were larger than in either
the previous month or August of last year. The volume of business transacted by 10-cent chains was
greater also than in either the preceding month or the
same period of last year. Grocery chains showed
larger dollar volume in August than in either prior
period. Reports from other chains including wearing
apparel, drugs, cigars, and candy indicate larger
business volume than in the previous month. Shoe
chains, however, showed smaller sales than in July.
New orders for manufactured goods, covering
structural steel, steel castings, various species of lumber, and enameled ware were larger than in the previous month. As compared with a year ago, however,
new orders for steel castings, lumber, and enameled
ware were generally smaller.

PRICES

The general index of wholesale prices averaged higher
than in either the previous month or in August of last
year. Increases in food, fuel and lighting, metals and
metal products, and building materials were more than
sufficient to offset declines from the previous month in
hides and leather products, textile products and housefurnishing goods. As compared with a year ago, all
groups were generally higher except house furnishings,
which declined, and textile products, which showed no
change. Prices for certain miscellaneous items averaged lower in August than in either the previous
month or August of last year. Classified by state of
manufacture, raw materials and semimanufactured

larger employment except food products, which declined slightly, and paper and printing, which showed
no change. Compared with August, 1927, all groups
showed smaller employment except nonferrous metals,
tobacco products, and vehicles, which averaged higher,
and iron and steel, which showed no change. The
principal recovery in factory employment from a year
ago was noted in vehicle and tobacco manufacturing
plants. Factory pay-roll payments in August showed
a considerable gain over the previous month and were
only slightly lower than in the corresponding month of
last year. As compared with the previous month, all
industrial groups showed larger pay-roll payments except food products, which declined somewhat, and

PRICE COMPARISONS
[Prices at wholesale are relative to 1926; farm prices and the cost of living are relative to the average for 1923-1925. August, 1928, is latest month plotted]

1923

articles showed lower average prices than in July, while
the prices for nonagricultural commodities and finished
products averaged higher.
The index of prices received by farmers for their
produce showed a decline from the previous month but
was higher than a year ago. Declines from July in
prices for grains, fruits and vegetables, and cotton were
more than sufficient to offsetfincreased prices for meat,
animals, and dairy and poultry products.
EMPLOYMENT

The general index of factory employment showed a
gain over the preceding month but was still somewhat
lower than in the corresponding month of last year.
Compared with the preceding month, all groups showed



1924

1925

1926

1927

1928

paper and printing, which showed no change. Contrasted with last year, increased pay-roll payments in
iron and steel, nonferrous metal, tobacco, and vehicle
factories were not quite sufficient to offset declines in
food products, textiles, lumber, leather, chemical, and
stone, clay, and glass plants. The indexes covering
both factory employment and factory pay roll, it is to
be noted, do not include any of the newer industries,
such as aircraft, rayon, radio, etc., where employment
conditions are known to be good.
Reports from State and city agencies show generally
better labor conditions than in either the previous
month or the corresponding month of last year. Employment in trade-unions showed a considerable recovery from the preceding month.

WHOLESALE PRICES FOR SPECIFIED COMMODITIES
''Relative numbers, 1926 monthly average taken as 100. August, 1928, is latest month plotted. Data from which these charts are drawn are given on the opposite




WHEAT, WINTER

FLOUR, WINTER

CORN, NO. 2

OATS

WHOLESALE PRICES FOR SPECIFIED COMMODITIES
lueer on farm products and market price of wool are from U. S. Department of Agriculture, Bureau of Agricultural Economics, nonferrous metals
* NOTE.—Prices to producer
iinino Journal-Press, except tin, which is from the American Metal Market. All other prices are from U. 8. Department of Labor, Bureau of
from the Engineering and Minin*
Labor Statistics, So far as possible
>G3sit>le all quotations represent prices to producer or at mill.

|

(dollars)

COMMODITIES

EELATIVE PRICK

i
|

ACTUAL PBICE

1926 average- 100

Unit

July,
1928

:

i

August, ' August, ' June, • July,
1928 ! 1927 ! 1928 | 1928

August,
1928

FARM PRODUCTS— AVERAGE PRICE TO PRODUCER
Wheat
.
Corn „
Potatoes
Cotton
Cottonseed
Cattle, beef
Hogs
Latnbs

.,
.

..... . .
-».„...
—

..
-

..,,- -..- _
...... ~... .
...
.

-..--

.. .

--

.

i.isi i

0. 952
. 982
. 731
.188
36. 87
.0951
. 1001
. 1188

1.235 1
.977 1
1. 463
.171
25. 95
. 0721 ;1
. 0924
.1115

.215
. 55
! t. 990
10,855
5. 375
15. 175

1. ISS
1 . 332
. 974
. 390
. 730
. 98 1
1 1 . 580
. 193
. 54
15. 106
11.706
5.7J!*
U.313

1. 427
L 395
! . 085
. 17S
. 803
. 968
15.730
. 203
. 14
1 2. 575
9. 185

<•>' 444
.042
. 057
. 101
. 229
.249
. 236
. 45
.215

6. 61<»
5. 656
.041
. 055
. 094
. 244
.260
. 249
.47
.215

7. 600
6. 769
. 045
. 056
. 100
. 1S5
. 200
. 235
.42
215

. 369
. 075
.091
i 600
1 OJ r >
'2 008
1 998
4 851
10. 290

. <°87
.084
098

Bushel
._. Bushel....
.-• Bushel
Pound
1
Ton
Pound™
Pound
Pound. ....

39. 27 |
.0919
.0964
. 1225

Bushel
Bushel
Bushel
.__ Bushel.. —

1. 300
1.521
1.080
.01,1

1. 024
.779 !

. 210 ;

98
146

;

131 !
152 ;
141

i

74 ;
114 1

87
147
42
139
144
142
82
106

71
141
39
125
136
147
85
103

July,
1927

August,
1927

„

91
140 |
79
113
95
112
78
96

132
99
103
98
110
73
99

FARM PRODUCTS-MARKET FIi!€K
Wheat No 1. northern spring (MiQueapo^'s)
Wheat, No. 2, red, winter (Chicago)
Corn, contract- grade No. 2, cash (Chicago).......
Oats, contract grades, cash (Chicago). . . .

.

.

833

Jlye No '* cas'i (Chicago)
Bushel
Tobacco leaf average "Wles warehouse (^iTen^uokv)
Cwt
< Cotton middling uT)lan<^ (Nsw York)
Pound
.
Wool, K blood combing, Ohio and Pennsylvania fleeces (Boston).,.... Pound
Cattle steers good to choir.6, corn fed (Cnicngo)
Cwt ...
Hogs heavy (Chicago)
Cwt , ..
Sheep ewes (Chicago)
Cwt _ _ . .
Sheep lambs (ChicaavY*
.
__ .
.
Cwt

1. 12o

9. 06<t

89
107
I3r>
16'; ,
139
132
120
142
82
S9
95

i.». ..:;,

84
99
142
143
120
118
107
i23
120
157
SS

m

86
128
91
105
103
137
110
J17
] 59
95
37
105

93
93
135
111
113
115
104 :
1 03
96 !
J29
73

92
91
143
111
116
102
186 '
116 ;

96 ;

132 !

;

,81
KM !

*5 j
99 !

FOOS>

Kiour standard patents (Minneapolis)
Flour, winter straights (Kansas Citv)
Sugar 96° centrifugal (New York)
Sugar granulated, in barrels (New York)
Cottonseed oil prime yellow (New York)
Beef frssb carcass, good native steers (Chicago")
Beef, fresh, carcass, steers (New York'* ..
„
Pork smoked hams (Chicago)
Butter creamery, 92 score (New York)
,.
Oleomargarine standard uncolored (Cbi^aco)

Barrel
.
Barrel
Pound .
Pound- ---Pound
Pound
Pound
Pound
Pound ~.
Pound.

.

.

..

100
94

79
78
95
100
80
149
152
81
104
94

104
102
98
110
99
100
97
78
85

107
105
99
112
99
100
95
78
85

103
99
98
J12
99
100
92
78
85

99 i
99 i
94 !
!H i
91'!
95 ;
95 j

89 |

108
111
106
94
94
95
95
83
89

160
154
117 :
155 i
106
102 i

170
160
125
153
106
102

168
159
125
153
106
102

156 ^
131
113
116
100
102

153
122
113
121
100
102

92
90
94 !
68 s
63 j

92
90
94
68
63

93
92
93
70
64

99
99
96
74
61

99
102
96
75
61

90 i
83 !
92
105 !
101
75
73
84

89
86 !
91 !
105
101
74
72 j
85

89
86
91
105 i
101
74
74
85

96
94
94
91
93
98 !
85 j

94
93
94
94
96
79
99
86

94
9U

100 i
108 !
86 :
129
132
70
98

94 ;

89
97
104
85
139
146

93

90

104
107
81
111
117
79
93
94

104
102

93

i
!
';
I
j

:

'M \
113 !
117
76
93
94

TEXTILES
Cotton yarns s carded, white, northern, mule spun, 22-1 cones (Boston)
Cotton-print cloth, 6-* x 60-3^£"-5.35 — yards to pound
Cotton sheeting, brown 4/4 Trion (New York)___
„__.;
Worsted yarns, 2/32's cross-bred stock, white, in skein (Boston)
._.'
Woman's dress goods, French, 39 inches at mills, ser^B
Suitings unfinished, wo^stpd l3-oun'*e miM
Suitings serge 11 -ounce .50-58 inch
Silk, Japan, 13-15
Hosiery, women's, pure silk, mill _
,
. __

.384
.079
. 092
1.600
1.025
2 008
2.064
4. 851
10. 290

Pound- — .
Yard
Yard
Pound. ....
Yard
Yard
Yard
Pound
Dozen pair

i ; 50r

<)7 >
i 913
2 048
5 I4i)
10. 780

85 ;

i
1
!
j

LEATHER
Hides, green salted, packers' heavy native steers (Chicago) ...
Hides, calfskins, No. 1, country. 8 to 15 pounds (Chicago)
Leather, chrome calf, dull or bright "B" grades (Boston) ..
Leather, sole, oak, scoured backs, heavy (Boston)
Boots and shoes, man's black calf, blucner (Massachusetts)
Boots and shoes men's dress welt tan caif (Pt Louis)

Pound ....
Pound
Square foot
_ _J Pound
Pair
Pair

FUEL

Net ton ._
Net ton
Long ton
Short ton__
Barrel

METALS

!

.215
.212
.510
. 530
6.400
5. 000 !

3. 956
4. 306
12. 965
2. 785
1. 195

4.009
4.388
12. 853
2. 875
1. 310

4. 275
4. 904
13. 209
3. 075
1. 155

18.410
16.000
32, 000
. 1453
-193
. 0622
. 4704
. 0620

18. 260
16.000
32. 000
. 1453
.193
. 0615
.4801
. 0625

19. 360
17. 300
32. 000
. 1297
.182
. 0668
. 6447
. 0634

M feet-I
Thousand I j

36. 16
13.50

36. 34
13. 50

37. 68
11. 75

>!
.j

81
82

80
82

81
82

85 ;
71 1

84
71

Barrel -.„ 1
Cwt
;
Pound .
!
Ton
!
Cwt_..
Cwt
— . i!

1.600
1. 850
. 193
15 500
2. 525
3.250

1.600
1.850
.192
15. 500
2. 525
3. 250

1.600 i
1.800 '!
.351 :
15. 000 •i :
2, 600
3. 250

97
95

97
95
40
107
88
94

97
95
40
107
88
94

97
91 I
72 i
103 1
91
94 ;

97
92
72
103
91

I Long ton _ 1
Long ton !
Long ton___ '
!
1
Pound
Pound. ... !i
Pound
Pound . _ !
_.' Pound
:

Lumber, pine, southern, yellow flooring, mill __„..
..„
Brick, common red, domestic buildin? (New York)
Cement, Portland, net without bags to trade, f. o. b. Dlant (Chicago
district)..
"
.
Steel beams, mill (Pittsburgh)
Rubber, smoked sheets, New York .
Sulphuric acid, 66° (New York)
Wood pulp, sulphite, domestic, unbleached, news grade (New York)_.
Newsprint, rolls, contract, mill,....
.
-._.__

i
!
i

;
|

,

BUILDING MATERIAL AND MISCELLANEOUS




.236
.275
.565
.670
6. 750
5. 000

•

Coal, bituminous, mine-run (composite price). .-.»..__
Coal, bituminous, prepared sizes (composite price)
Coal anthracite, chestnut (composite pries)
Coke, Connelisville (range of prompt and future) furnace — at ovens
Petroleum, crude, Kansas- Oklahoma— at wells
Pig iron, foundry No. 2, northern (Pittsburgh)
„
...
Pig iron, basic, valley furnace _
.
Steel billets, Bessemer (Pittsburgh) __„
,
Copper ingots, electrolytic, early delivery (New York) „ „.,__.
Brass, sheets, mill
_
.._._
„
Lead, pig, desilverized, for early delivery (New York)
_.
Tin, Straits (New York)
.
Zinc, slab, western (St. Louis)
__„

.239
. 278
. 565
.670
6. 750
5. 000

:

40

107
88
94

94




NEW BUILDING CONTRACTS AND AUTOMOBILE PRODUCTION
[Relative numbers, monthly average, 1923-192.5, taken as 100]

MINERAL PRODUCTION AND RAILROAD TON-MILEAGE
[Relative numbers, monthly average, 1923-1925, taken as 100]

FACTORY EMPLOYMENT, MANUFACTURING, AND ELECTRIC POWER PRODUCTION
[Relative numbers, monthly average, 1923-1925, taken as 100]

REVIEW OF PRINCIPAL BRANCHES OF INDUSTRY AND COMMERCE
of cotton goods were generally lower than in the preReceipts of wool at Boston showed a considerable vious month, showing declines also from a year ago.
decline from both the previous month and August of Reports of cotton finishers showed lower new orders
last year. Imports of wool were likewise smaller than than a year ago.
Imports of silk were considerably greater than in
in either period. Consumption of wool was greater
July,
but were smaller than a year ago. Silk dethan in July, but smaller than a year ago. Likewise
liveries
to consuming establishments showed gains
machinery activity in wool-consuming establishments
over
both
periods. Stocks of silk held at warehouses
was more active than in July. Prices of wool were genat
the
end
of August were lower than a year ago,
erally lower than in July, but higher than a year ago,
while
stocks
at manufacturing plants were larger.
while prices for woolen goods showed no change from
Silk
machinery
activity showed a decline from the
the previous month, but were higher than a year ago.
Ginnings of cotton as of September 16 were con- previous month in broad looms and spinning spindles
siderably smaller than a year ago. Consumption of and a gain hi narrow looms. Compared with a }rear
TEXTILES

THE TEXTILE INDUSTRIES
[Relative numbers, monthly average 1923-1925, taken as 100. Where available, August, 1928, is latest month plotted]

1923

1924

1925

1926

1927

1928

1923

1924

100 L
oo i

i^.::^^r~^L_x:z^j /"-x 11/1

iooU

1923

1924

1925

1926

1927

i' 1 1 1 i 1 1 1 1 1

1928

STOCKS OF RAW FIBERS

cotton by textile mills was greater than in July, but
smaller than a year ago. For the first eight months
of the calendar }^ear consumption was 14 per cent lower
than in the corresponding period of 1927. Stocks of
cotton held at the end of August, both at mills and in
public storage, were considerably lower than a year
ago. Exports of cotton showed declines from both the
previous month and August, 1927. Cotton prices
averaged lower than in the preceding month.
The activity of cotton spindles was greater than in
the previous month, but smaller than a year ago.
Production of cotton textiles was greater than in either
the previous month or of August of last year. Prices
13512—28




2

1926

1927

V

-^;..;^^p\7 £^~~~;..vJ<t.Vt.

140 f

1925

SPINDLE ACTIVITY

CONSUMPTION OF RAW FIBERS

1923

1924

' '11
^925
1926
WHOLESALE PRICES

1927

1928

ago, however, looms, both broad and narrow, showed
greater activity while spindles declined. The price
of raw silk showed no change from the previous month,
but was lower than a year ago. Prices for silk goods
were generally lower than in either the previous month
or August, 1927. Imports of rayon were larger than in
July, but smaller than a year ago.
Textiles spread with pyroxylin showed a gain over
both the previous month and the corresponding month
of last year. Unfilled orders for pyroxylin-coated
textiles at the end of the month were considerably
greater than a year ago. Production of ocean-pearl
buttons showed a gain over the previous month, but a

10
decline from a year ago, but the cumulative total
through August was higher than during the same period
of 1927. Production of fresh-water pearl buttons
was greater than in July and showed practically no
change from a year ago. Imports of burlaps showed
a decline from both the previous month and August of
last year, but the cumulative total through August was
greater than during the same period of last year.
Imports of unmanufactured fibers were larger than in
July, but smaller than a year ago, with the cumulative
total also showing: a decline from 1927.

Production of steel castings were larger than in July,
but slightly smaller than a year ago, but new orders
for castings were considerably larger than in either
period. Production of steel barrels showed gains over
both periods, while the output of track work showed
declines from both the previous month and August,
1927. Steel prices showed practically no change from
the previous month, but were generally lower than a
year ago.
Structural steel orders in August, on a computed
basis, were larger than in any other single month on

THE METAL INDUSTRIES
Relative numbers, monthly average 1923-1925, taken as 100. August, 1928, is latest month plotted. Curve covering zinc stocks is plotted from 12 months' moving monthly
averages plotted on the end month]

EXPORTS. REFINED
.PRODUCTION

./ \

1924

"1925""""

A
l\

^

COPPER

GENERAL
1923

(

"1826^

1927

1924

1923

1928

1925

1926

1927

1928

1926

.
1927

!928

ISO

__

—n

/V/ v

1
^ ^ ^

\v/ \\ / / U

\
\
\

/

\

/

\
\

/

v

y

/

ZING

N

. , i . . L i J u_
1926

. LlJj

1923

1924

1925

•

!

.

1927

:

!

!

.

..i

i , .\
1928

METALS

Shipments of iron ore in August were larger than in
either the previous month or August last year. Pigiron production also showed gains over both periods
despite a decline in the number of furnaces in blast.
Pig-iron prices were somewhat lower than in July,
continuing the decline from a year ago.
Steel-ingot production was greater than in either
the previous month or August of last year, while for
the first eight months of the current year the output
of steel was about 8 per cent larger than in the same
period of last year. Unfilled steel orders showed gains
over both the previous month and the same month of a
year ago. Production of steel sheets by independent
manufacturers also showed a'ains over both periods.



, , ( , . ! , , ] , .

1923

i , 1, i l , , i i .

1824

. I'_LL!' i

1925

record, while reduced to a ratio basis new orders
showed a higher percentage to plant capacity than any
time since February, 1920, when the capacity of the
industry to produce structural steel was only 72 per
cent as large as at the present time.
New orders for machine tools were larger than in
either the previous month or August a year ago. New
orders for electric overhead cranes were likewise
greater than in either period.
Production of copper in August w^as larger than in
either the previous month or August, a year ago.
For the calendar year to date, copper production was
also larger than in the corresponding period of 1927.
Exports of refined copper were greater than a year
ago.

11
FUELS

Production of bituminous coal in August was
greater than in July but smaller than a year ago.
Bituminous output during the first eight months
showed a decline of 11 per cent from the corresponding period of last year. The production of anthracite
coal was larger than in the previous month but substantially lower than a 37ear ago. The total output
of coke showed a gain over both the preceding month
and the corresponding period last year.

siderably greater than in either the previous month
or July of last year. For the first seven months of the
year, domestic shipments of pneumatic tires by
manufacturers were 14 per cent greater than a year ago.
HIDES AND LEATHER

Imports of hides and skins were smaller than in either
the previous month or August a year ago, but for the
first eight months of the current year total imports
were 31 per cent greater than during the same period

THE FUEL INDUSTRIES
[Relative numbers, monthly average 1923-1925 taken as 100. August, 1928, is latest month plotted where data were available]

1923

1924

1923

1924

1925

___
1926

1927

1928

1923

1924

1925

1926

1927

1928

1926

1927

\_L9fiB

1923

1924

1925

1926

1927

1928

AUTOMOBILES AND RUBBER

The total production of automobiles, both passenger
cars and trucks, was larger in August than in any
other month on record. For the first eight months
of the current year the production of more than three
million vehicles represents an increase of somewhat
over 15 per cent from the corresponding period of last
year. The Canadian production of automobiles was
greater than in either the previous month or August
a year ago, while the total for the first eight months
of the year showed a gain of 21 per cent over the same
period of last year. Shipments of accessories and parts
were considerably greater than in either the previous
month or the corresponding period a year ago. Imports of rubber during August were greater than in the
previous month but smaller than a year ago. Shipments of pneumatic tires and tubes in July were con


of 1927. Fewer cattle and calves were slaughtered
in the United States than a year ago. Prices of cattle
hides and calfskins averaged substantially higher than
a year ago. The production of sole leather was
greater than in either the previous month or August,
1927. Exports of sole and belting leather were likewise greater than in either period. Prices for leather
showed practically no change from the previous
month, but averaged higher than year ago. The
production of shoes was greater than a year ago.
For the calendar year to date, the production of shoes
was about 2 per cent greater than in the same period of
1927.
PAPER

Imports of chemical wood pulp showed a decline
from the previous month, while mechanical pulp
imports showed a gain.

12
1

BUILDING CONSTRUCTION

Building costs were somewhat higher in August
than in either the previous month or August of last
year. The value of new building contracts awarded
during the month showed a decline from both the
previous month and the corresponding month of last
year, but for the first eight months of the current year
the value of new building awards was 6 per cent larger
than in the same period of last year. Measured in

southern pine and Douglas fir production showed
small declines from the same period of last year, while
California white pine showed a gain.
The production of oak flooring was greater than in
either the preceding month or August a year ago, with
the total for the calendar year to date showing an
increase of 14 per cent over the same period of last
year. Shipments of doors, both white pine and fir,
were greater than in July.

THE AUTOMOBILE AND RUBBER INDUSTRIES
[Relative numbers, monthly average 1923-1925 taken as 100. Where available, August, 1928, is latest month plotted]
300

—

—

|Q.i^.Li..!.Tj_Llj_L_ijluLiLlii. nil i ! M.I.M li i li i h i Inj.ii I M Ir I i i In I illuJjj. i

1921

1922

1923

1924

1925

1926

CONSUMPTION IN *\
TIRE MANUFACTURE

1927

1928

1921

1922

1923

1924

1925

1926

1927

, , • ,:__

1928"

V/

PNEUMATIC TIRES
i

i

LululLli J-L.'-LlLjJ JJ-L -U

1923

1924

1925

1926

i 927

i 928

floor space, new building awards in August, though
somewhat smaller than in July, were considerably
greater than a year ago, while for the first eight months
the total was 17 per cent larger than in the same period
of 1927. Fire losses in the United States and Canada,
although greater than in the previous month, were
substantially lower than a year ago, with the total for
the first eight months of the year recording a decline
of 11 per cent from the same period of 1927.
LUMBER AND LUMBER PRODUCTS
The output of southern pine lumber was greater
than in July but smaller than a year ago. Douglas fir
production showed similar comparisons with both
periods. The production of California white pine was
greater than in either the previous month or August
a year ago. For the first eight months of the year



1921

1922

1923

1924

1925

STONE AND CLAY PRODUCTS

The output of face brick was greater than in either
the preceding month or August a year ago, with shipments showing similar comparisons. Shipments of
porcelain plumbing fixtures showed a substantial gain
over the preceding month. New orders for terra
cotta were lower than in either the previous month or
August a year ago. The output of polished plate glass
also showed gains over both the preceding month and
August a year ago. The production of glass containers, as well as shipments, showed increases over
both prior periods.
Production of Portland cement was greater than in
either the preceding month or August a year ago.
For the first eight months of 1928 production was
larger than a year ago.

13
FOODSTUFFS AND TOBACCO

The latest official estimate indicates a larger wheat
crop than a year ago. The visible supply of wheat,
both in the United States and Canada, was greater than
a year ago. Wheat receipts at principal markets were
larger while shipments were smaller than in August,
1927.
Exports of wheat and flour were lower than
last year. Prices for wheat were generally lower than
in either the previous month or a year ago.
A larger corn crop is indicated than a year ago by
the latest official estimate. The visible supply of corn
was considerably smaller than at this time last year.
Receipts and shipments at primary markets, however,

beef products were smaller than in either the previous
month or August of last year. Prices of beef averaged
higher than in either period.
Receipts and shipments of hogs at primary markets
were smaller in August than in either the previous
month or August, 1927. The inspected slaughter of
pork was smaller than a year ago. Cold-storage
holdings of pork products at the end of the month
showed a decline from both the previous month and
the same month of last year. Prices for hogs and pork
products averaged higher than in either period.
Receipts and shipments of sheep at primary markets
were also larger than in either prior period. The pro-

THE TOBACCO INDUSTRIES
[Relative numbers, monthly average, 1923-1925, taken as 100. Where available, August, 1928. is latest month plotted]
CONSUMPTION

,U

UNMANUFACTURED TOBACCO
i

A

mn
\ | « r^TN
1M

\
/yL
I

,

-

\
iuI

!
i
1

SALES I
WARE

V i!
y
1926

i
luJvU-L

1927

7

III
III 1

11

II
y^— E

II 1^

HO SES

i
iilijli_iJLaiLi.U
1925

CIGARETTES

1928

1'
"u

.j_!_Lu_[_!_Ll_L

1928

100

MANUFACTURED TOBACCO

.____
1923

were greater. Corn prices were generally lower than
in either the previous month or August a year ago.
The visible supply of oats was smaller than a year
ago, but for barley was considerably greater. Receipts of oats at principal markets were larger than
last year. Exports of oats and barley were each
greater than a year ago. Prices for oats and barley
averaged lower than in either prior period.
Receipts and shipments of cattle at primary markets were larger than in July, while receipts were
smaller and shipments greater than in August of last
year. The output of inspected slaughter of beef was
smaller than a year ago. Cold-storage holdings of



1927

1928

duction of lamb and mutton under Federal inspection
was greater than a year ago. Storage holdings at the
end of the month were considerably larger than last
year. Prices for sheep and lamb also averaged higher
than last year.
Receipts of poultry at principal markets were somewhat smaller than a year ago, while storage holdings
were larger. Cold-storage holdings of fish were also
larger than last year. Storage holdings of creamery
butter at the end of August were substantially lower
than a year ago. Wholesale prices for butter averaged
higher than in either the previous month or last year.
Receipts of cheese at primary markets were lower than

14
in either the previous month or the same month a
year earlier.
Consumption of cigarettes was greater than in either
the previous month or the same month of last year.
For the first eight months of the year cigarette consumption was 10 per cent larger than in the same period
of 1927,
TRANSPORTATION

Car loadings, although greater than in July, were
smaller than a year ago. Compared with last year,
however, loadings of grains, ores, and miscellaneous
items were larger in August, the decline in the total
being due to smaller loadings of livestock, coal and
coke, and merchandise in less than carload lots.

DISTRIBUTION MOVEMENT

Sales of mail-order houses arid 10-cent stores showed
larger dollar volumes than in either the previous month
or August a year ago. Magazine advertising was greater
than in either period, with newspaper advertising making similar comparisons. Postal receipts were larger
than in July. Air mail continued to show growth, larger
weights being dispatched than in either the previous
month or the same month of 1927. More domestic
money orders were issued in the principal cities than in
either the previous month or August a year ago, w^hile
the value of money orders so issued was likewise larger
than in either the previous month or the same month
of last year.

BUSINESS FAILURES
[Actual number of failures, by lines, plotted as 12 months' moving monthly averages on the end month]

\

1923

1924

1925

1926

1927

GROCERIES AND MEATS

1923

1928

!924

__,—"*

1925

1926

1927

1928

GENERAL STORES

\
i

.

i

TRADERS
1 I

1923

1924

1925

1926

1927

1928

BANKING AND FINANCE

Check payments outside of New York, although
smaller than in July, were greater than a year ago, with
the total for the first eight months of the year showing a gain of over 8 per cent over the same period of
last year. Loans and discounts of Federal reserve
member banks, though declining somewhat from the
previous month, were 7 per cent greater than a year
ago. Bills discounted with reserve banks, though
showing some contraction from the previous month,
were more than twice as great as a year ago. The
Federal reserve ratio was higher than in July, but
lower than in August of last year. Interest rates on
both time and call funds averaged higher than in
eitherprior period.



M i l l

1923

M

! 1 1 !

:

! M

1924

! 1 1 ; 1 1

i 1

I ! ' 1 ! ! 1 1 i ' i i

1925

1926

!
' M

:

1 ! ! ! M

1 M

1927

! !

i ;1 M !M !i•

1928

GOLD, SILVER, AND FOREIGN EXCHANGE

Domestic receipts of gold at the mint were greater
than in either the preceding month or August a year
ago, with the Rand output showing similar comparisons. Although gold exports were larger than a year
ago, they were smaller than in July, leaving for the
first time in several months an import balance in contrast with an export balance. Silver production,
although greater than in July, was smaller than a
year ago. Silver prices averaged lower than in the
previous month, but were higher than last year.
Exchange on the principal currencies showed but little
change from the previous month, but slight declines
were registered in the English poimd, the Dutch
guilder, the Japanese yen, and the Argentine peso.

15

INDEXES OF BUSINESS
The index numbers presented in this table are designed to show the trend in production, prices, trade,
etc., by commodities or groups. They consist in general of weighted combinations of series of individual relative
numbers; often the individual relative numbers are also given. The function of index and relative numbers
is explained on the inside front cover. All of the index numbers, except where noted, are based on the average
of the years 1923 to 1925, while maxima and minima are given only since 1923, thus eliminating the abnormal
period prior to 1923. Complete descriptions and figures for earlier years may be found in the following issues
of the Survey (later data being available in the latest semiannual issues): Production, in the July, 1928, issue
(No. 83), pages 18 to 22; stocks in the August, 1928, issue (No. 84), pages 20 to 22; new orders in the September,
1928, issue (No. 85), page 19; unfilled orders in the January, 1928, issue (No. 77), pages 22 and 23; wholesale
trade in the January, 1928, issue (No. 77), page 21; mail-order and chain stores in the May, 1928, issue (No. 81),
pages 20 and 21; department stores in the April, 1928, issue (No. 80), pages 20 and 21; employment, based on
1923 as 100, in the August, 1928, issue (No. 84), page 108; farm prices, in the August, 1928, issue (No. 84), page
27; wholesale prices (Department of Labor), in the November, 1927, issue (No. 75), page 24, and the June, 1928,
issue (No. 82), page 23; wholesale prices, commercial, in the August, 1928, issue (No. 84), page 26; cost of
living in the August, 1928, issue (No. 84), page 27, and the June, 1926, issue (No. 58), page 24.

Relative to 1933-1925 monthly average as 100

Maximum
since
Jan. 1,
1923

I MiniI muin
since
i Jan. 1,
I 1923

June

July

August

June

July

PRODUCTION
TOTAL INDUSTRIAL

Unadjusted, except for working days.
Adjusted for seasonal variations ._

114

81
83

107
108

PER CENT INCREASE (+)
OR DECREASE (— )

1928

1937

102
106

August,
August,
1928, from i 1928, from
July, 1928 August, 1927

i August

;

i|

!

i!

105
107

108
108

105 I
109

108
110
112
109
93
117
92
119
105
112
115
153
145
126

106
111
121
100
89
117
95
120
111
117
112
155
155
125

104
99
89
74
117
107
110
117
99
93

109 ii
113 |

!i

i

+0.4
+0.4

+ 0.4
+ 5.6

MANUFACTURING

Total (adjusted for working days only)..
Total (adjusted for seasonal variations) _
Iron and steel
Textiles
Food products
Paper and printing
Lumber
Automobiles
Leather and shoes
Cement, brick, and glass
Nonferrous metals
Petroleum refining
Rubber tires.
Tobacco manufactures

114
113
121
121
106
118
110
134
117
122
121
153
156
126

79
107
82
108
59
105
77 | 121
92 | 102
91 ! 112
90
93
47
95
86
105
92
109
87
108
84
134
131
66
93
116

104
101
106
107
102
103
119
118
96
97
114 I 112
95 j 95
84
89
113 ! 112
Ill
115
106
108
136
136
124
119
109 ! 119

124
120
125
133
124
134
116
124
125
123

84
90
77
1
88
0
82
93 |
75
85

108
104
91
102
120
101
105
114
112
93

103 I
100 I
87 I
75 |
124 ;
99 |
101
109
116 !
94

124
421
131
148
160
187

79
26
76
68
64
44

123
348
89
110
160
153

109
105
421 I 225
89
76 I
81 i
77
142 ! 123
154
187

231
205
199
251
346
266

45
38
60
55
11
22

60
76
130
91
31
28

116
99
114
12
25

112
112
151
161
148

80
80
54
18
66

96
96
88
133
92

89
91
64
124
90

| 109
i 114 i
121
i 109
1
90
!

1
132
110

+2.8
+2.7
0. 0 !
+9.0
+ 1. 1

i

+ 4.8
+ 6.5
+ 18. 6
-8.4
-7.2

+10.6
-0.9

+ 48. 3

116

+0.9
+ 3. 6

+ 1.8
+ 7.4

155
131

+ 4. 8

6.6

+ 30. 3
-|- 10. 1

103
101
94
66
119
103
113
117
97
76 i

105
105
91
95
122
105
115
121
108

82

+ 1.9
+ 4.0
-3.2
+ 43.9
+ 2.5
+ 1.9
+ 1.8
+ 3.4
+ 11.3
+ 7.9

-5.4
-0.9
-1. 1
-11.2
-0.8
+ 6.1
+ 13.9
+ 6.1
-3. 6
-12. 8

116
378
83
106
147
168

108
387
78
92 i
138
154

97
195

-10.2
-49. 6

79 !
+1. 3
80
-8. 7
117 1 -15. 2
170
10. 4

-7.6
-13.3
-13. 0
+ 3. 9
-4. 9
-10.0

115
169
86
124
74
106

52
56
164
75
24
24

87
147
107
164 :
28
22

114
+31.0
185 i +20. 1
83 !| -22. 4
165 1
+0. 6

-0.9
+ 9.5
-3.5
+ 33. 1

45
114

+ 60. 7 -39. 2
+ 7.5
+ 418. 2

99
102
63
119
116

96
95
96
172
81

88
88
64
170
75

95
97
72
161
72

-4.0
+ 8.0
+ 10.2
-4.9
+ 12. 5 + 14.3
-5. 3 + 35.3
-4. 0 -37.9

1

118 !

MINERALS

Total (adjusted for working days only)_
Total (adjusted for seasonal variations).
Bituminous coal
Anthracite coal
Crude petroleum
Iron-ore shipments
Copper
Zinc
Lead
Silver
ANIMAL PRODUCTS

111
106
92
107
123
99 i
101
114
112
94

(marketings)

Total ___
_
__
Wool
Livestock
Poultry and eggs
Dairy products
Fish

_.__

CROPS (marketings)

Total
Grains*
Vegetables*
Fruits*
Cotton products*
Miscellaneous crops*
FOREST PRODUCTS

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

Digitized for'Fluctuations
FRASER between maximum and minimum due largely to seasonal conditions: Minerals and Manufacturing are adjusted for seasonal variations except where noted.


16
INDEXES OF BUSINESS—Continued
i
Maxi- ! Mini- |
mum
f
mum
since
since
Jan. 1, i Jan. 1, !
1923 ! 1923 ! June

Relative to 1923-1925 monthly average as 100

_. -

PRODUCTION— Continued

|

NEW ORDERS

|

July

1

86
84
111
83
99
93

94
108
96
99
102
98

|i
|
|i
li
i
!

98
85
117
104
104
104

77
115
101
101
97

106

104

108

!

109

104

114
113
105
120
125
111
137
68
166
102
101

116
128
111
118
118
117
132
68
150
106
98

114
129
95
117
114
118 ;
123
69
140
116
94

119
118
134
140
124
99
153
71
162
153
95

69
68
43 •
54 I
73 \

101
112
99
79
87

95
108
88
89
85

104
119
96
96
89

102
126
81
74
94

157
154
157
204
142

67
62 i
66 !
53
56 i

72
86
63
69
81

72
85
65
72
74

124
119
125
128
167
188
128 !
118
125
129

82 i
86
87 i
71
43
26
68
82
88
72

87
101
106
78
46
28
85
96
99
90

88
92
104
81
78
43
107
90
100
84

156

64

107

93

Grand total

134

82

Total manufactured goods
Foodstuffs
Textiles
Iron and steel
Nonferrous metals
Lumber
Stone, clay, etc
Leather
Rubber
Paper
Chemicals and oils

130
129
138
152
125
125
178
123
185
155
125

88
79
78
78
74
78
64
66
77
46
84

Total raw materials
Foodstuffs
Textiles
Metals
_
Chemicals and oils _

150
159
202
136
153

_-

August, i
1928 from i
August, 1927

August,
1928 from
July, 1928

August

|

93
103
97
89
106
95

25
30
24
22
14
19

_- _
__ _J

July

June

August

!
j

-

139
153
144
141
128 1
129

Total
Textiles
Iron and steel
Lumber
_ -,
Paper and printing
Stone and clav products

PER CENT INCREASE (+)
OR DECREASE (-)

1928

1927

!
|!
!
;

96

1
:

_ __
!

1

STOCKS

_ _
_ __

_
_

UNFILLED ORDERS
Total
Textiles
Iron and steel
Transportation equipment . _
Lumber.
_
_
__

|
!
|
!

72 i
85
66
66
72

75
67
75
69
84

+2.9

-0.9

117
113
124 i 121
129
116
133
131
124
125
97
98
149
137
71
70
145 i 132
155
156
91
86

-3.4
-2. 6
- 10. 1
1. 5
+ 0. 8
+ 1.0
-8. 1
— 1. 4
9. 0
+ 0. 6
5. 5

-0.9
-6.2
+ 22. 1
+ 12. 0
+ 9.6
-16.9
+ 11.4
+ 1. 4
-5. 7
+ 34.5
+ 8.5

95
121
67
87
94

103
136 '
66
100 I
91 1

+ 8.4
+12.4
-1. 5
+ 14. 9
-9. 3

-1.0
+ 14.3 ;
31. 2
+ 4.2
+ 2.2

74
63 !!
75
60
88 |

3 9
-8. 7
0. 0

107 ;

77
69
75 i
68
91

+ 2.8
-25. 9
+ 13. 6
-9. 1
+ 22. 2

: —11.8

-3. 3

WHOLESALE TRADE
Grand total, all classes
Groceries
_ _
Meats .
Dry goods
Men's clothing
Women's clothing
Boots and shoes
Hardware
Drugs
Furniture. _
RETAIL TRADE
MAIL-ORDER HOUSES (4 houses).
CHAIN STORES:
Ten-cent.
Grocery. _
Wearing apparel
Druse
Cigar
Candy
Shoe
DEPARTMENT STORES:
Sales
Stocks




!
!

!

250
224
350
169
160
161
163

1
i

186
117

!
1
!
j

ii
i

111
97
111
125
165
98
122
98
110
111

84
97
114
71
39
21
77
95
103
83

87
92
113
74
68
46
98
90
102
78

105

127

112

108
100
117
! 109
i 148
92
119
96
115
l 109

+24. 1
+8.7
+3.5
+ 47.3 !
+ 117.6
1; +100. 0
i +21.4 ;

127

+ 13. 4

;

62
77
47
82
79
70
55

123
178
172
136
109
114
118

121
166
157
141
111
112
109

130
170
165
140
106
110
101

139
208
216 1
162
108 I
122
147 1

128
198
180 ;
164 j
100
117
116

71
83

101
97

75
94

89
97

103
95 1

78
92

i

;

!
i
!

; +6.7

+ 12.7
| +39.7

-2.7
+ 3. 1
+ 5.4
-12.8
- 10. 3
-6. 1

-2.5
-2.0
+ 4.5
— 1. 8

+ 21.0
;

133
205
197
169
104 !
123 !
109

+ 3.9
+ 3.5 i
+ 9.4
! 3. 0 ;
+ 4. 0 :
+5. 1
-6.0

+2.3
+20.6
+ 19.4

85
96

+ 9.0
+ 4. 3 i

4. 5
1. 0

i

+20. 7

1. 9
+11.8
+ 7. 9

!
!
!!

i
!
!!
!

17
INDEXES OF BUSINESS—Continued

Relative to 1923-1925 monthly average as 100

Number employed, by industries:
Total, all classes
Food products
1
Textiles
I
Iron and steel
Lumber
Leather
Paper and printing
Chemicals
Stone, clay, and glass
Metal products other than iron and
steel
Tobacco products
Vehicles
Miscellaneous _
Amount of pay roll, by industries:
Total, all classes
Food products
Textiles _
Iron and steel
Lumber
Leather
Paper and printing
Chemicals
1
Stone, clay, and glass
Metal products other than iron and steelTobacco products
Vehicles
Miscellaneous

July

June

August

August,
1928 from
July, 1928

August

July

!

August, !
1928 from
August, 1927 i

i

i
|
1

EMPLOYMENT

June

PER CENT INCREASE (+)
OR DECREASE (— )

1938

1927

Minimum
since
Jan. 1,
1923

Maximum
since
Jan. 1,
1923

i

93
93
92
93
88
97 1
102 j
94
97

91
91
88
93
84
86
101
90
95

93
89
88
101

93 1
82
89
100

93
86
96
94

94
98
91
92
91
94
106
99
96
90
90
87
105

96
97
94
94
94
101
108
100
99
92
84
92
102

95
96
86
98
89
81
110
97
97
96
87
99
99

109
112
114
114
107
112
106
111
107

90
90
85
87
80
86
97
88
85

95
95
93
95
88
90
102
95
101

93
94
91
93
87
94
102
94
96

110
108
110
115

87
82
82
86

94
89
91
106

111
108
115
117
107
117
114
114
111
114
111
114
119

85
90
78
79
84
77
94
89
84
81
81
79
86

99
99
94
100
94
89
108
104
104
95
91
92
110

\
i
i
:

91
95

+ 2.2
--1. 1
+ 1. 2
i 1. 1
+ 2. 4
-1-2. 2
0. 0
+ 1.1
+ 3.3

94
87
98
94

+ 1. 1
+ 7.4
+ 3.2
+ 1. 1

95
95
84
98
89
92
108
98
98
99
86
101
96

+ 3. 3
-2. 1
+ 2. 4
+ 4. 3
+ 2.3
+ 5. 7
0. 0
+ 1. 0
+ 6. 5
+ 7.6
+ 4. 9
+ 6. 3
0. 0

92
91
86
93
85
91

90
92
85
92
83
89
101
90
92

101 !

93
81
95
93 \
92
97
82
94
87
87
108
97
92
92
82
95
96

PRICE INDEX NUMBERS

-1.1
--2. 2

a5
0. 0
-3.4
-a 2
- 1. 0
- 3. 2
-2. 1

'

i
!
!
;

+1.1 i

+ 6. 1
+ 10. 1

-ao

-1.0 !
2 1 '
- 10. 6
+ 4.3
-5. 3
Q O

0. 0
-2.0
-1.0
+ 7. 6
+ 2. 4
+ 9.8
- 5. 9

1
I
j
i

!

FARM PRICES

i

(Relative to 1909-1914 average as 100)
j

i

1
|
i
|

I
j

152
178
253
162
166
252
108

All groups

Grains,
_ _
Fruits and vegetables
Meat animals
Dairy and poultry
Cotton and cottonseed
Unclassified

130
139
195
131
125
125
81

130
140
201
129
124
119
82

125
108
108
98
122
81
79

WHOLESALE PRICES

132
138
172
136
127
136
81

145
152
168
150
132
162
87

145
142
156
157
134
170
88

139
120
137
162
136
153
87

95
102
94
112
96
84 i
98
93
95 i
99
90

98
107
100
124
96
82
99
94
95
97
82

98
107
102
124
97
83
99
94
95
97
81

99
107
104
121
96
85 !
100
95 !
95
97
79

97
93 i
98 i
93 i
j

98
97
99
95

-4. 1
-15.5
-12. 2
+ 3. 2
+ 1. 5
-10. 0
— 1. 1

+ 5. 3
— 13. 0
-20. 3
+ 19. 1
+ 7. 1
+ 12. 5
+ 7.4

j

Department of Labor Indexes
(Relative to 1926 monthly average as 100)

All commodities
Farm products
Food, etc
Hides and leather products
Textile products
Fuel and lighting
Metals and metal products
Building materials
Chemicals
House-furnishing goods
Miscellaneous. _
Classified by state of manufacture:
Semimanufactured articles
Finished products
Raw materials
Nonagricultural commodities

!
i
!

105
114
106
127
114
112
113
116
104
111
127

94
94
85
98
94
81
97
90
95
97 1
79 |

94
97
94
107
94
84
98
95
96
98
90

128
103
109
106

96 i
93
93 !
93 |

96
93
94
93

Commercial Indexes

13512—28

106
112




3

i
i
!

!

;

94
112
94
84
98
94
95
98
89

96
94
95
93

1

i

(Relative to 1926 monthly average as 100)

Dun's
Bradstreet's

|1 u98

85 !
95 |
I

98 1
98
100
96

99
97

100
100

104

1

102

99 1
99 |
97

_l

1

A

+ 1. 1

0. 0
0.0
— 9£j. ^t)

-1.0
+1.0
-1.0
+ 1.0

+ £.2
+ 4.9 !
+10.6 I
+8.0
0. 0
+ 1.2
+ 2.0 1
+ 2.2
0. 0
-2. 0
19

9

0. 0

+a 5

+ 1.0
+ 4.3

1

1
98 i
96 !

97

+ 1.0
0. 0 !
+ 2.0 !
— 2. 4 j
— 1. 0
+2.4

103
102

103
103

0. 0

I +1.0

+ 3. 0
+ 3. 0

I

18
INDEXES OF BUSINESS—Continued
!
Maximum
since
I Jan. 1,

Relative to 1923-1925 monthly average as 190

1923

I

June

July

PER CENT INCREASE (+)
OR DECREASE ( — )

1928

1927

Minimum
since
Jan. 1,
1923

August

June

July

August,
August i 1928, from
July, 1928

PRICE INDEX NUMBERS—Contd.

August,
1928, from
August, 1927

j

COST OF LIVING

!
j

National Industrial Conference Board Indexes
(Relative to July, 1914)

All items weighted
Food (Department of Labor)
Shelter
Clothing
Fuel and light (combined)
Fuel
Light
Sundries

172
167
186
177
179
208
123
176

j
j
|
j
i
!
i

158
141
161
160
156
174
118
171

162
153

165
159
169
169
160
180
122
172

162
152

168

169

169

170

160
180
122

161
181
122

173

172

161
153
162
•171
158
176
122
171

161
153
161
174
158
177
121
171

-0.6
+ 1.3
-4. 7
+ 1.8
-1. 2
-1. 7
-0. 8
-0. 6

0. 0

161

154
161
173
159
178
121
171

+0. 7
0. 0
-0. 6
+0. 6
+0. 6
0. 0
0. 0

COMMERCIAL PRICE INDEX NUMBERS, AS OF END OF MONTH
(Relative to 1926 as 100)
MONTH

1913

1914

1915

1916

1917

1918

1920

1921

1922

1

1923

1924

1925

1926

1928

1927

DUN'S
98.3
97.2
97.1
96.9

•
101.7
102.7
103. 6
105.6

99.3
98.4
98.8 •
99.8

103.8
103.5
102. 9
102.8

January...
February.
March
April

63. 5
63.9
63.2
62. 7

64.5
64.6
63.5
62.7

66. 6
65.8
66. 3
67.2

75.4
5.3
7.2
7. 5

93. 5
98.7
100. 7
110.5

120.4
120. 9
122.1
120.2

116.7
115. 1
116. 6
117.8

134. 5
134. 2
136. 7
139. 6

98.5
96.5
92. 5
88.4

87.5
90.0
88.2
89. 1

98.8
101.4
102.4
102.3

101.3
101.1
99.0
97.9

108.5
107.1
103. 1
102.5

103.4
102.2
101.0
100.4

May
June
July
August .

63.7
61.7
62.8
64.7

64.2
63. 5
64.0
67.3

66.8
66.3
66.3
66. 1

7. 1
7.0
76.3
80.6

112.7
112.4
116.0
114.0

119.2
123. 3
123.0
123. 5

120.9
123.9
128. 1
126. 4

139.0
138. 1
133.8
131. 6

88.0
84.7
86.8
86.2

90. 1
92. 1
92.0
91.5

101. 5
100. 1
99.0
99.7

97.5
98.3
99.7
100.1

103.5
103.9
105. 1
103.8

99.7
98.6
98.2
98.5

September.
October
November.
December--

65.7
66.5
66.7
66.0

65.5
65.9
65.8
65.8

67.2
69.2
70.6
73.0

80.8
87.1
89. 1
89.9

116. 5
117.0
116. 7
117.8

123.7
122. 2
122. 1
122.0

125. 1
126. 5
129.7
131.2

125. 8
120. 5
112.2
105.3

85.8
86.8
87.2
87.2

93.1
96.7
98.3
98.4

101.2
101.7
101.2
100.7

101.2
102.7
105. 0
107. 4

103.3
104.5
105. 2
104.6

99. 3
99.6
99.5
99.6

100.9
101.6
102. 5
102.3

64.3

64.8

67.6

80.3

110.5

121. 9

123.2

129.3

89. 1

92.3

100.8

100.9

104.6

100.0

99.4

106 2
107 8
107 8
105. 8

102 1 '
99 8 I
98 0 i
97. 2 1
i
95 1 i
94. 6
97 7 i
99 1 I
I
100 6 !
103 3 1
104. 7 I
107 8 i

107 5
107' 1
105 9
103 1

106
103
101
99

2
7
4
5

96
97
97
96

9
2
0
3

104 7
103 2
103 8
104 0

98
98
97
98

7
6
9
3

96
95
97
99

2
8
4
8

102
101
102
102

Monthly average

I

BRADSTREET'S

73 2
72.8

72 0
70.7

66 7
68.4
67.8
66.7

74 8
74 4

75 7
75.8

86 2
88 0
91.0
90.9

107 9
109 4
112 8
117.0

139 7
139 7
142 7
146. 2

136 5
133 3
133 7
133. 4 i

161 5 i
160 9 !'
ifiO 3
160. 5

95 7
91 8
88 0
83. 7

88 4
89 8
89 2
90. 6

._

70.2
69.3
69.7
70 4

66. 7
67.0
67.4
75. 5

75.4
76.4
76.0
75 9

90. 5
89.2
88.5
91 2

119 7
124.4
126. 9
128.8

146 9
148.3
147.8
147 2

140 0
146. 2
1 54. 8
150 7

153 8
82 2
149. 8 i 83. 0
145. 7 1 85. 6
139 1 ' 85 8

92 1
93. 7
93.4
93 5

_ . -,

70 8
71 4
71.4
68.8

71 5
68. 6
69.9
70.8

77 2
80 3
82.4
84. 5

93 2
99 1
105.7
106.2

130 9
132. 1
136. 2
138. 9

147 0
146 2
147.2
143.4

151 1
130 9 : 86 6
154 0 i 121 3 i 87 9
156. 1 i 105. 5 i 87. 6
157. 6 : 98. 0
88. 0

96 8
103 3
106. 7
106.0

70.9

68. 9

77.4

93.3

123.8

145. 2

145. 6 : 140. 6 :

January
February
March
April..-.
May
June... July
August

-

_

.

September
October
November
December
Monthly average _
1

i
'••
;
1

87. 2

!

103 6
101. 3
99 2
99 9
i
*
|
"

101 4
101 7
104. 0
102 7

95. 3 i 103. 5
1

105
107
110
109

4
2
2
0

109 5
110 8
111. 5
108 5

100. 0 i 108 0

99 0
98 6
98.9
99 2

102 7
103 7
104. 7
105 0

100 0

99 4

1
7
1
8

Data compiled respectively by Dun's Review and Bradstrect's and recomputed t o a 1926 base for comparison with Department of Labor index; the data are shown as
of the end of the month, instead of at the first of the month, as formerly. In its original form, Dun's price index is an aggregate of 300 quotations, each weighted by the
amount "annually consumed by each inhabitant": About half of the aggregate is represented by food products. Rradstreet's index is the aggregate of prices per pound of
96 commodities. Details by commodity groups are shown for each index in their respective journals.




19

BUSINESS FAILURES BY GROUPS 1
(Number of firms)
MANUFACTURERS

MONTH

January__
February
March
April

1913

Metals Textiles

... __

Lum- Chember
icals

TRADERS

PrintLiqing
and Food- i Leath- uors
enstuffs er, etc. and
togravbacco
ing

i

Stone,
Anclay,
and other
glass i

71
80
54
61

42
41
36
33

12
9

15
20
20
19

8
11
7
7

3

5

16
15
12
25 |

-

37
44
40
33

80
97
69
106

35
56
47
41

3
5
4
2

7
12
14 1
16

16
27 |
25

20
11
13

Total
Monthly average. - _ i

382
32

875
73

505
42

73
6

178
15 j

126

1914
January
February . . . _ _
March
A pril

y

j

149
151
131
121

1 , 588 i
132

1,680
140

489
41

87
7

1,455
121

1,615 ;
135 \

4, 116
343

1,693 ;
141

9

169
125
121
105

4
5
8
11

6
14

129
111
127
131

123
92
101
83

303
304
409
343

124 ;
147 |
171 ,'
133

127 !
141
122 :
128 :

44
30
37
48

8
11
11
6

104
101
138
127

11
16
7
10

10
11
22
15

10
9
9
12

157
175
171
170

115
166
222
247

451
451
436
439

107 i
H-5
199
264 |

176 i
158 ;
173 j
201

46
50
72
60

6
7
11

144
180
155
158

289
24

125
10

120
10

123
10

1, 761 i 1,789
147
149

4,612
384

2, 134 :
178

2,014
168

571
48

102
9

1,627
136

26
27
31
23

13
44
31
38

10
7
17
16

11
14
16
20

14
8
14
18

189 !
215
202
186 \

384
307
267
221

624
550
482
506

393
261 I
233
228

422
295
283
263

86
62
48
67

14
7
5
10

261
181
183
189

3
4
1
10

29
19
25
11

34
36
30
23

10
9

18
17
12
7

14
10
10
10

144 !
154
154 !
154

164
153
141
98

441
463
503
413

192
195
188
124

216
232
183
146

46
61
56
43

18
8
13
12

154
162
199
135

20
31
43
40

4
5
5
6

25
21
21
18

23
33
24
26

8
9
9
16

17
17
17
16

13
8

110 i
177 i
177
161

125
146
164
164

383
412
431
459

146
127
142
204

149
168
128
176

64
55
60
61

15
8
6

171
178
149
141

1, 055
88

484
40

67
6

276
23

355
30

126
11

182
15

137
11

2, 334
195

5, 667
472

2,433
203

2, 661
222

709
59

123
10

2,103
175

192
171
155
137

522
449
466
409

258
159
165
113

278
194
196
138

61
45
46
57

8
9
8
10

175
159
144
112

95

470
412
384
508

133
122
97
104

115
113
103
103 1

47
45
39
55

10
11
9
11

130
94
111
121

89
86
80
110

90
114
95
102

32
51
30
36

6
10
4
3

102
150
134
115

544
45

99
8

1,547
129

7

153
106
106
92

4
6
9

93
62
124
153

45
52
39
37

7
1
8
4

16
27
20
21

31
39
37
28

377
31

1, 042
87 |

484
40

74
6

221
18

54
34
34
36

138 1
131 '
103
101 1

62
37
51
50

14
8
5
2

21
34
26
29

77
74 j
78 !
67

43
36
39
32

__. _ i

23
32
22
36

55 i
74
94
63

Total
Monthly average...

381
32

;

... _ _ __!
i

Total
..
Monthly average...

i

.. ..

.
-

i

September
October
November
December

5
8
4

9
10

19
4
9
10

May
June
July
August

21
41
43
64

53
48
38
45

16
15
17
21

.. _ _
_ _ __

99
122
150
179

273 !
178 i
191
146

15
15
22
9

1915
January
February _ . _ _
March
April

lil
115
146
195

282 ;
184
165
133 I

27
32
50
26

_ __ J

339
374
349
323

415
357
365
339

11
9
2
14

._

97
146
110
152

189
166
144
141

15
9
9
6

-_

106
87
103
129

152
164 !
157
117

20
24
20

-._

7
9
12
9

:

18 !
11
5
15

20
15
23 i
18

September
October
November
December

44
36
47
35

155

J

3
12
10

May
June
July
August

136
108
119
108

147
12

19
30
27
34

11

136
132
123
93

105

12 :
lf> '

5

309
299
330
320

137
150 '
313
174

13 ;
10

18
13

21 ;

140
85
95
87

12
12
16
12

13
11
9
11

262
22

167
125
91
95

8
11

31
25 !
21 i
22 !

... .

6
8

113
121
105
133 ;

17
15
20
9

.

53
42
30
33

14
9
15

10
9
6
1 ;

14

58

47
37
44
46

September
October
November
December

223
164
131
141

5

163

243
182 !
97
120 i

215
170

?!50

May
J une
July,August

445
374
308
346

146 i
126 I
107
.33 !

30
25
30
33

__

]House- Chem- Books
Gen- Foods
All
and Cloth- hold
icals and
eral
tofurni- and paper
ing
other
stores bacco
ture paints

17
30
27
27

109
57
77
67

42
43
36
55

21
29
35
30

79
75
80
66

41
43
43
34

11

2,023
169

1916
January
February
March
April

._ ... .1

24
24
21
20

77
63
67
47

40
35
43
37

1
6
7
5

18
20
19
15

50
45
34
45

10
16
11
3

16
10 !
18
7

13
11
9
9

May
June
July
August

.

25
20
22
23

65
55
44 i
54

39
27
46
42

4
2
1
3

21
13
13
18

39
32
43
40

11
10
6
9

11
8
12

6
9
8

24
14
17
16

52
40 j
62
52

25
34
49
38

4
4
1
5 |

25
15
12
15

41
30
51
45

9
4
10
4

8
14

250
21

678 i
57 i

455
38

43 i
4 !

204
I?

495
41

103
9

19
15
17
17

58 !
39 1
35
51

52
41
50
37

4
5
5
7

13
10
12
6

45
26
23
38

22
28
22
27

81
58
46
59

42
52
52
40

8
5
6
2

15
11
17
16

19
36
16
24

50
52
55
59

40
41
36
34

5
9
5
4

Q

September
October
November
December

__

l

_.

_'
!
;
:

Total
Monthly average. ..
January
February
March
April

1917

May
June
July
August

...

.
i
-_

!
.

September
October
November
December

'
i
!

9
15
12

168
188
179 !
147 i
163
109
133
134

15

3
6

121
123
150
127

105

383
382
399
401

133
11

93
8

1.742
145

1,391
116

5, 185
432

1, 516
126

1,641
137

6
3
11
6

11
10
14
5

6
8
10
10

147
105
137 i
104

131
114
110
97

461
366
388
352

155
94
91
78

179
113
125
69

38
45 i
32
30

39
19
21
21

6
10
7
11

3
12
4

13
7
8

110 i
134 |j
121
126

63

470
379
362
349

89
105
100
86

110
119
86
85

29
32
32
35

23
15
20
15

6
2
7
6

4.
8
13
10

4
7
6
10

97 !i
132 !!1
128
135 i i

53
52
54
63

326
348
294
296

56
75
75
98

72
70
58
71

43
44
31
34

84
93

!'•

89
72
!

3

4
6
5
6
2

103
86
106
128

2
4

101
133
94
119

51
1,327
425
4,391
1,102
1,157
81
96
1,476 !
975
Total
262
145
65
643
517
305
101
4
111
35
92
8
96
12
7
366
5
123 i
81
25
54
43
8
Monthly average...
22
1
Compiled by Dun's Review. These tables gi ve in gre ater dettlil the in ormatio n. usual! f present ed in the SURVE\ , by coi nbining ^ still rn ore deta led class ification,
as presented in Dun's Review, intc groups fairly coiuparabk5 with the classifl 3ation us ed for 0: her data




20

BUSINESS FAILURES BY GROUPS—Continued
MANUFACTURERS
MONTH

Metals Textiles

1918

TRADERS

Printing
Lum- Chem- and Food- Leathber
icals
en- stuffs er, etc.
gravbacco
ing

21
16
25
20

54
38
43
31

35
26
43
26

3

5
7
4

13
13
19
20

24
25
19
12

13
18
13
20

33
35
23
25

24
25
38
19

19
18
16
8

11
7

27
39
29
26

29
22
23
27

2
3

9
6
11
7

10
12
3
9

6
5

.-

18
22
19
26

i

12
11
10
15

Total
Monthly average...,

231
19

403
34

337
28

50
4

146
12

175
15

13
22
24
19

31
29
26
19

29
12
31
23

4
6
6
3

10
6
8
4

4
9
11
13

18
11
10
17

24
13
12
12

22
10
23
14

7
2
1

3
4
4
4

10
16
16
14

16
10
20
20

15
17
22

19
19
22
16

4
3
4
1

4
6
1
5

11
21
17
30

4
2
3

200
17

227
19

240
20

46
4

59
5

172
14

20
13
19
10

19
16
19
28

13
10
19
11

3
5
2
2

5
1
2
2

13
19
22
26

25
41
46
48

13
14
15
12

2
8

30
31
36
44

46
102
109

21
24
17
38

283
24

576
48

46
45
32
29

May
June -.
July
August ._

September
October
November
December

January
February
March
April

~ _ ._

May
June
July
August

-_

September
October
November
December

January
February
M arch
April

.

- _
_

Mav
June
July
August

- -

September
October
November
December
Total
Monthly average _ _
January
February
March
April
May
June
July
August

1920

_._.

September
October
November
December

_

Total
Monthly average. __
January
February
March
April

1931
-

Total
Monthly aver age.. .
January
February
March
April

__

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

Total
--_
Monthly average...




b*£g0

I

9

6
13

5
9

9
8
6
6

128
112
124
101

45
59
66
60

290
253
303
266

133
88
101
73

134
94
104
71

36
35 1
31
44

4 :
6 <
2
4

159
128
97
87

8
8
1

11
5
3
6

108
109
96
90

43
46
48
35

281
255
251
235

82
66
56
48

55
56
49
48

23
19
26
23

4
1
5
4

84
<jf>
74
72

7

6
7
9

4
7
7
5

77
76
74
86

36
40
42
52

216
175
159
180

55
49
38
56

49
40
28
44 \

17
29 !
16
18

3
3 j
2
4 ;

69
70
56
03

86

79

77
6

1,181
98

572
48

2,864
239

845
70

42 |
4 i

1,024
X5

2
3

6
2
3
6

76
66
77
75

45
62
48
43

193
137
157
151

60
45
37
39

60
47 ;
36 i
35

16
24
16 !
9 !

4
3
4
1

3
3

67
69
56
63

39
32
22
25

156
161
148
164

44
29
26
30

22
26
35 ,
31

14 1
15 i
10
9 !

1
2 i

3
3
8

2
3
4
2

61
47
59
58

21
21
39
28

144
167
160
159

30
32
48
46

28 :
27 :
36 '
55

14 !
8 j
9 j
7

2 '
2 :
1 .!

58
4S
(JO
73

53
4

49
4

45
4

774
65

425
35

1,897
158

466
39

438 '
37 :

151
13

21 i
2 I

615
51

24
29
24
18

2
5
11
3

4
4
3
3

3
2
1

47
49
59
59

32
44
47
34

182
150
151
153

56
26
39
42

47
24
44
25

i
!
i
|

10
15
6
3

'
1 |
21
1 i

54
53
61
54

20
17
33
24

6
4
2
10

2
4
9
4

4
2
1
3

45
83
83
102

30
41
24
25

183
175
190
171

47
76
66
60

37 :
51 i
40 !
36

4
9
3
13

1 ;!

4

5
5
3
2

2 !
3 ;

61
(j(j
84
69

4
7
3
12

3
3
12
7

14
24
27
28

7
10
13
18

2
2
3
3

88
121
113
154

47
48

9
8

146
198
199
344

61
89
110
191

38 :
61 !
109
125 |

11
18
16
20

3 !
2
4
2

92
118
151
156

207
17

56
5

50
4

282
24

91
8

61
5

26
2

1,003
84

;

618

52

2, 242
187

863
72

637 1
53 |

128
11

21 !
2 !

1,022
85

108
71
65
84

39
25
27
27

15
5
8
10

14
14
9

31
26
23
35

19
17
11
15

9
6
4
4

9
4
3

125 i
135 !
116
121

232
218
199
182

344
322
273
284

288
216
151
234

260 :
203 ;
151 :
165

46
35
24
36

6 !
1 !
4 i
3

212
192
141)
159

37
rc.
44

57
85
72
71

21
35
28
42

13
6
11

11
12

20
14
14
17

6
11

4

7

32
24
31
35

9

2
4

93
102
117
137

187
150
156
140

286
276
280
323

152
159
183
173

166
141 i
163 i
156 j

34
26
32
42

.
5 j
4 i
7

Ki3
li>0
203
244

46
51
49
61

119
118
121
175

24
29
27
30

12
3
9
10

14
14
16
18

29
35
44
40

9
10
20
19

11
15
8

4
4
1
6

101
151
143
164

131
165
240
277

298
333
372
430

173
228
238
390

171
161
262
334 ;

36
49
51
70

3 !
9 1
4
6

202
230
218
288

541
45

1,146
96

354
30

109
9

143
12

385
32

185
15

97
8

46
4

1, 505 i
125 (

2, 277
190

3, 821
318

2, 585
215

51
55
75

137
92
128
129

38
38
41
19

10
10
17

13
17
11
14

49
38
51
37

28
21
23
25

5
19
11
15

10
7
6
9

192 !
185
207 i
165 1

334
270
259
268

466
418
432
415

438
287
347
282

381 i
359 :
315
251 i

66
54
59
43

49
49
46
29

130
76
124
94

42
26
25
34

8
6
13
6

14
9
15
12

47
53
43
39

21
18
13
17

6
9
13
16

16
9
6
4

175 1
154 >
169
169 !

175
156
135
134

390
357
356
369

262
215
184
172

240 i
200 !
193
170

51
60
56
52

104
88
89
117

34
33
35
35

12
9
11
6

14
14
20
18

33
46
47
35

20
16
19
20

13
13
10
10

6
9
5
6

157
176
164
150 i

107
127
159
139

309
347
381
365

165
187
171
244

165 !
155 i
168 :
214 i

631
53

1,308
108

400
33

117
10

171
14

518
43

241
20

140
12

93
8

2,263
189

4, 605
384

2,954
246

2,811 !
234 ;

CO

_ _

stores

S»

House- Chem- Bftrti.B
Cloth- hold icals
?nA
All
ing furni- and paptr
*"" other
ture paints

3

1919
.- -

!
All
other

2

g

9

5

0

2,063
172

169

772
64

]

2,333
194

317
26

481 i
40

60
ti6
70
41

1 1

34
29
38
38

;

;

52
4

2,420
202

5
13 |
11 !
4 |

343
313
338
309

48 !
42 ;
39 i
66

9
10
9
14

!
'
'
i

253
279
302
306

43 !
41
50 !
52 |

4
14 :
7 i
9

256
307
294
278

603
50

i
!
:
|

;
i
:
:

109
9

3,578
298

21
BUSINESS FAILURES BY GROUPS-Continued
MANUFACTURERS

MONTH

Metals Textiles

TRADERS

PrintLiq- Stone,
ing
All
and Food- Leath- uors
clay,
en- stuffs er, etc. and
and other
togravbacco glass j
ing

Lum- Chember
icals

House- Chem- Books
Gen- Foods
All
and Cloth- hold
icals
and other
eral
furni- and paper
toing
stores bacco
ture paints

j

1933
January _ _
February
March
April.
May
June „
J u l y , . ..
August
Se pteml >er
October
..
November-.
December..

...

.

...-

Total
M o n t h 1 y a ve r age _ . .

1924
January
February
March
April-. .
Mav
June
July
August
September
October
November
December
Total
M o n t h l y average. ,

1925
January _ _
February
March *
April
M av
June-.
_
July
August
September
October .
November
December

.._

Total
Monthly average.

1926
January
February
March
April..
..
Mav
June . .
July
August
September. - October.
November.. .
December

.

TotaL....
Monthly average... .

106
61
67
67
73
71
72
67
54
73
96
90

574
48

830
69

453
38

40
33
66
53
44
60
32
40
46
34
37
46

94
68
70
66
91
80
60
69
64
87
f>8

531
44

894

41
33
49
46
36
53
37
26
37
41
32
38

68
54
71
74
66
55
64
52
55
66
73
91

35
33
31
35
30
53
28
31
45
34
56
55

469
30

789
66

49
37
28
36
38
30
15
27
30
35
24
43

73
73
69
87
73
56
58
63

392
33

1927
January
February
March _
_ - _
April.
Mav
Junei
July
...
August
September _
October
November
December ..
Total
!
Monthly average.- _ j
1928
January
February,
M arch
April.. ....
May
June..
_
..
July

54
57
50
39
31
40
56
46
35
67
60
39

18
13
18
11
12
13
8
14
8
19
17

w

53
38
53
44
44
26
38
33
27
39
51
39

24
17
19
13
22
19
6
13
11
14
19
28

12
9
11
8
8
5
5
5
11
15
11
10

85
7

165
14

485
40

205
17

105
9

28
34
44
35
44
35
33
29
12
29

6
4
10
2
12
10
11
11
9

15
11
15
25
18
17
11
21
12

28

12
16

26
12
24
14
28
16
20
17
10
6
H
13

17
7
8
11
9
4
12
6
8
9

4
13

53
41
42
29
31
28
30
38
23
38
41
55

378
32

94
8

191
16

449
37

200
17

6

2
5
12
9
10
15

13
18
15
11
23
18
20
18
16
17
16
13

65
52
45
42
44
29
42
41
31
37
48
42

466
39

101
8

198
17

51
52
60
50
57
51
53
43
46
55
66
60

8
6
8
7
6
6
3
12
7
5
5

644
54

78
7

33
29
40
41
35
30
30
35
37
54
41 i
48

53 1
59 |
66 |
775
65

10
5
10
6
7
8
7
4
4
11
7
6

!

1H

a

12

8

r

14
18
25
21
22
20
21
24
21
14
19
11 I
230
19

8
3
7
4 }
6
3
7
9
5
11
5
5

14

181
116
162
155
163
133
121
159
132
195
188
216

176
155
149
126
117
109
83
89
81
130
140
157

429
337
337
323
320
293
274
276
298
340
375
321

302
186
196
177
199
165
136
134
132
189
199
301

288
193
177
175
150
165
113
139
107
133
155
169

55
42
56
40
51
35
38
47
52
43
50
50

7
10
9
12
10
10
11
6
12
9
6

305
195
254
238
220
193
174
192
187
263
203
250

73
6

1,921
160

1, 512
126

3,923
327

2,316
193

1, 964
164

559
47

116
10

2,674
223

11
8
6
9
8
5
5
4
11
S
12

215
180
199
194
222
184
202
178
172
177
154
194

162
156
139
138
113
114
103
87
68
104
120
148

360
342
377
358
334
322
376
335
264
377
362
423

379
268
215
232
256
214
213
184
160
213
228
355

254
203
205
171
181
201
159
131
144
176
199
228

70
43
49
48
42
32
49
39
41
52
55
65

12
10
9
4
7
9
6
5
11
6
8
9

301
228
260
227
282
192
218
243
195
258
221
236

108
9

92
8

2,271
189

1, 452
121

4, 230
353

2, 917
243

2,252
188

585
49

96
8

2,861
238

20
12
9
18
14
16
9
21
8
9
14
13

11
5
7
8
9
8
6
4
3
10
11
7

5
8
3
5
8
7
7
7
3
10
2

216
185
187
183
162
187
203
160
178
175
180
216

179
129
128
126
105
91
95
94
65
92
97
104

472
332
378
438
393
404
400
344
376
392
421
405

407
262
258
293
242
234
219
190
180
192
184
303

360
258
246
247
237
178
203
155
137
152
157
194

64
50
43
51
47
42
37
35
39
53
48
58

12
7
8
10
9
8
14
8
11
6
9
10

263
247
284
262
253
272
216
243
207
224
230
233

518
43

163
U

89

65

2,232
186

1, 305
109

4, 755
396

2, 964
247

2,524
210

567
47

112
9

2,934
245

58
34
45
44
40
46
42
39
38
42
34
38

15
17
13
13
12
10
5
12
4
8
10
14

6
5
5
6
9
6
13
4
4
10
10
11

2
7
9
1
5
6
6
4
3
10
7
5

136
106
133
129
81
110
78
67
64
86
97
130

475
363
423
451
434
380
374
345
353
442
411
467

343
276
246
245
195
188
170
169
141
198
214
281

328
219
246
235
195
189
168
174
120
160
192
237

80
67
63
55
48
52
46
47
50
63
70
74

18
9
11
12
12
5
10
10
6
6
12
11

316
242
302
251
251
236
276
259
224
250
289
269

500
42

133
11

89
7

65
5

2, 489
207

1,217
101

4,918
410

2,666
222

2, 463
205

715
60

122
10

3, 165
264

10
1
13

230
174
271
226
227 [
200
200
224
192
231
205
240
2, 620
218

402
500
176
359
269
162
276
106
435
229
398
119
389
268
85
237
119
427
351
216
80
206
69
371 1
187
335
58
192
384
57
214
89 !
420 1
452 i
282
94
2,978
1,214 ! 4,437
248
370
101

362
280
266
246
229
206
213
179
160
183
208
226
2,758
230

63
97
77
63
56
51
56
68
58
60
71
79
799
67

19
13
18
15
12
6
15
8
11
11
10
142
12

320
328
290
272
253
264
256
277
277
283
263
287
3,370
281

368
303
283
220
263
228
179

99
86
71
56
60
57
55

23
10
14
9
14
7
14

389
302
335
250
295
281
247

__.A

234
198 !
207
229
176 '
204 i
177
230
171
216
206
241

!
30
35
39
32
28
21
31
23
20
32
38
45
374
31

72
42
68
64
47
54
55
36
47
59
67
92
703
59

35
35
42
44
36
40
31

74
54
65
49
57
67
61

57
67
78
79
72
70
69
64
52
75
72
95
850
71

5
7
8
4
6
6
7
4
2
9
8
9
75
6 !

27
28
19
22
19
21
26
19
20
22
19
22
264
22

81
65
93
70
77
76
69

3
10
12
11
6
7
5

21
8
13
19
11
18
16

!
i
!

|

44 !
42 1
52 |
41 !
23
34 |
38
29
27 i
39
37
55
461
38

14
9
16
14
8
7
9
16
9
8
13
17
140
12

12
6
5
8
4
11
4
13
17
6
9
9
104
9

43
48 |
43
42
31
45 !
47 i

14
14
16
7
14
11
18

7
5
7
8
6
5
3

10
3
9
10
3
7
10
13
91
8

!

..
1




10 !
9
10
9
9
9
5

265
220
245
173
223
235
195

100
101
103 !
85
93
78
77

521
423
440
393
408
426
387

446
356
320
263
265
248
202

!

22

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, 1928), in which monthly figures for 1927 and 1928 may be found, together
with explanations as to the sources and exact extent of the figures quoted. The figures given below should
always be read in connection with those explanations. Data on stocks, unfilled orders, etc., are given as of
the end of the month referred to. For explanations of relative numbers, including base periods, see introduction on inside front cover.
1928
The cumulatives shown are through
August, except where otherwise noted.
Earlier data for items shown here may
be found on pages 28 to 137 of the
August, 1928, "Survey"

!
May

A-pril

'erct.
CUMULATIVE TOTAL
PER CENT INinFROM JANUARY 1
j c rease
CREASE (+) OR
DECREASE ( — ) ; THROUGH AUGUST 31
(+)
H c>r de! c re ase
;
!
August, \ugust.
(-)
1928,
1928, '
umu1937
1938
l ative
from
from
July. August,
1928
1928
1927
from
1927
:
;
i

1927

i

June

July

July

August

! August

1

;

TEXTILES
Wool
Receipts at Boston:
Total
thous. of lbs_ .
Domestic
thous of Ibs
Foreign
_ .
thous. of Ibs.
Imports:
In condition imported
thous. of Ibs. _
Grease equivalent
thous. of lbs__
Consumption by textile mills,
grease equivalent
thous. of Ibs
Machinery activity, hourly:
Looms—
Wide,- ._ ...per ct. of hours active..
Narrow
per ct. of hours active. _'
Carpet and rug
per ct. of hours active.. .
Sets of cards
per ct. of hours active. Combs
per ct of hours active
Spinning spindlesWoolen
per ct of hours active
Worsteds
per ct of hours active
Prices:
Raw, territory, fine, scoured, .dolls, per lb...
Raw, Ohio and Pa. fleeces,
Y± blood, combing, greases-dolls, per lb._
Worsted yarn
dolls, per Ib
Women's dress goods, French
serge, 39-in
dolls, per yd .
Suiting. 13-07.
dolls, per vd

55,841

54, 9071
51, 346!
3, 561 1

29, 720
25. 802
3, 918 :

60, 980
55, 877
5, 103

18, 289
19, 805

14, 472
16, 078

13, 464

21,383;

15,079

41,282

38,099J

45,103:

39, 833

21, 846;
8, 1381
13, 208,

33, 331
25, 843

7,488

50, 082
5, 759;

20, 474'
23, 600

25, 040
28, 163

38, 855

43,911

19,671:

!

279, 368

36, 499'
29, 891;
6, 608 1

-45. 9
-49.7
+10.0

-18.6
-13.7 j !
-40.7 !

18, 425i
21, 754!

-20.9
-18.8

-21. f 1
-26. 1

46, 504

+ 18.4

-3.0

366, 241

347,418j

!

180,591
98,777

255, 217 -8. 6
182, 152
+. 9
73, 065 -26. 0

191,671

173, 4831

216, 855

194,148| -10.5

-9.5

-5.1

1
58
51
71
78
64

60
53
65
80
64

75
56

79
55

1. 19
.53
1 . 55

J
58

55!!

sal

75

59
65
57
79
83^

+3.8
-2.0
+ 14.5
13
+10 2

-6.8
-26.5
+10. £
2 c
21 7

76!
59

78
65

+16.0

—5 l l
-10.?

1. 13

1.12

-2.6

+!.£J!

.44
1.35

.44
1.35 i

-1.8
0.0

+22.'
+ 18.,)

.98
1.913

.98 1
I, 913 ;

0.0
0.0

&

129
31, 147
389, 358 j
569, 765

2 12, 789
3
3 505
832
28, 041
340, 311 !
4
634, 520

+50. 1
+36. 7
-24. 1
+20. 1

-38.
-10.
-23.
-17.

3, 294
1, 121 ;
2,173

-10.3
-22. 2
—.1

-40. 2!
-30. 2';'!
-45. 3

4,480

14 5.
-17.3

22 3 !
-42. 8

—10.5!

+9. 9

2|

-4. 9

56
58
56

49i
55|
78:
59|

4Si :
63!
77j :
65|

is

75
50

74l !
58

1. 18

1.18

1.17

.55
1.58

.55
1.58

.55
1.60:

.54
1.60

1. 03
2. 008

1.03
'L 008

,03
2. 008

1.03!
2. 008

1.03!
2. 008;

714 1
18, 190

693
19, 842

485,219 i

591,345

525, 158

577, 710

297
14, 587
457, 781
510, 565

18,473!
341,849'
438,743!

25,258:
259,489!
526,729!

4,42^

2, 805
1,159
1, 646

2, 197;
1, 007
1, 190;

1,971
782 :
1, 189

3,227

1, 5(tt i
2, 921

3, 637
1,331
2, 305

6, O2.r i
4, 101 i

5, 630
3, 533

4,962

4, 056!

2,165;

3, 480

2, 910

1,790|

4, 988
3,417

. 18' 1
.20.r\\

. 201
.217

. 197
.214

.210^
.215;

. 188
.193

. 155
. 180

30 96 )!
7,41()!
20 >i
94. 3;

29, 060
7, 959
222
95. 0

28, 624

28, 228J

28, 244!

7,248

6, 259|
176J
79. 8|

7,431
209
87. 7|

32, 324
8, 033
219
99. 1

16, 73 1
13, 39 3;
31,92 5|

16,35*
13.427
28,484 j

19,415
12, 539
25, 435

12,522
12,350!
24,619;

14,046!
11,574:
27,044;

. 374
.489

. 384
. 515

62
81
63

1.14

i

i

i

...

,.

!

':

):'

Cotton
Production, crop estimate
thous. of bales
Ginnings
thous of bales
Receipts into sight
thous. of bales
Imports, unmanufactured
bales
Exports, unmanufactured (incl. linters) - bales. _
Consumption by textile mills
bales. .
Stocks, domestic, end of month:
Total, mills and w'houses.. thous. of bales..
Mills _ -_ .- -.. ... .thous. of bales.
Warehouses
thous. of bales
Stocks, world visible, end of month:
Total
thous of bales
American
thous. of bales
Prices:
To producer, all grades
dolls, per l b _ .
In New York, middling
dolls, per l b . _

i 14.439
!

•

339,

3 i 4QS
509!

4
4

1, 405
1, 823

3, 131 ;
. 171i i
.203 i ;

-10.^

3!
9!

6, 969
293, 579

7;! 5,951,029
0 | 4, 998, 189

4,799 -31.1
217, 434 -25.9
4, 213, 936 -30.9
4, 316, 450! -13.6

..

*~

Cotton Yarn
Machinery activity of spindles:
Active spindles
thousands
Total activity
millions of hours. _
Activity per spindle ...
_ hours .
Ratio to canacity. .
percent
Carded sales yarn:
Production.
thous. of Ibs.
Stocks, end of month
thous. of Ibs
Unfilled orders, end of mo
thous. of Ibs,
Prices:
22/1 cones, Boston .. .
dolls, per Ib
40/ls, southern spinning
dolls, per Ib.

1
203
88.3

.36 \
.48 )

i
. 38(
)
. 48()

286, 00 51
335, 11 7~
270, 172
418, 42 7
362, 044
255 949

349, 32,)
269, 84,•>
326, 24-1
441,50?i
305, 64 3
128,60 1

287,818

221,826

302,470^

267, 025
270, 342
458, 984 !
302, 328
134, 158

187, 439

340, 810

217,540
463,270
272, 227' I

324,073
441,667
288,964

80, 358!

136, 237

6,41 8
39, 83 1

5, 72 2
43, 011

4,615
46, 534

3, 490:

3, 753

44,951;

43,928

18, 310
1,332

19, 16 S
1,41 5

19, 64f
1,384

20, 947;

1,211!

1,399

.07 J
.092
164

.07'
.09]
165>

.079J

.075

. 092
165!

. 091
163

. 369 !
. 514;

10, 792

8,538
22, 665

4

32, 295

24£ !
103. ?

+• l!
+18. T !
+18. 31
+9. 3

13, 28() ' !
9, 39^l\
24,41,> :

+12. 2
-6. 3
+9. 3

I

8,972 !

t)1

.38'
.51i

.354
.481

I '-• 2!

i
-12. 5i!
-17. 2!!
-14.
-15. 3!!"""-- "

139, 252 j i

+5.
+23 911
+10. 8;'
-4.

+• 4 '"

Cotton Goods
Cotton textiles
Production..
thous. of vds
New orders
thous. of yds.
Shipments
.
Stocks, end of month
thous. of yds.
Unfilled orders, end month. .thous. of yds.
Fine cotton goods, production
pieces
Cotton cloth:
imports
thous. of sq. yds.
Exports
thous. of sq. yds.
Fabrics for tire manufacture,
consumption
thous. of Ibs.
Elastic webbing, shipments
thous. of dolls.
Prices:
Print cloth, 64 x 60
dolls, per yd.
Sheeting, brown
dolls, per yd_
Cotton goods (Fairchild), rel. to 1911-1913.
i As of Sept. 1, 1928.




.07 6
.09 1
16 1

2 F] nal estima te for 1927.

3

As of Sept. 16.

229, 097
215, 730
239, 193
177, 527
457, 883
460, 260

245, 60 5 : !
255, 99 2 !
221,91 5 1
201, 21 7 ; !
491, 96 0
486, 39 5

+7. 5

4,99 6

3,821
50, 387

46,38

14, QIC

16, 32 3^

3
M
M

.07£
.087
155
< Revised.

+36. 4
+23 2
+81. 8 +33 1
+49. 0 +46 0
:
-4. 7 +119 3 ~ ~ - ~ . ~
+6. 1 -41
+69. 5
-72 0 3, 866, 07 2

.0841
.098
162|

-24 9 '
-5 3

43, 20 1

371,64
5

4-15.5

109 33 5

2, 403, 461
2, 200, 533
2, 298, 295
2, 027, 506

-47.6

44, 204
328, 835

+2.3
-11.5

5 129, 889
10 901

+18.8

-5.1 -10 7,1
-1.1
-7 1 1 .
--1.2
+ 6]|- '
« Cumuhitive through July 31.

23
TREND OF BUSINESS MOVEMENTS—Continued

1

1928

The cumulatives shown are through
August, except where otherwise noted.
Earlier data for items shown here may
be found on pages 28 to 137 of the
August, 1928, "Survey"

April

May

June

July

August

1

PER CENT INCREASE (+) OR
DECREASE ( — )

1927

July

August

August, August,
1928,
1928,
from
from
July, August,
1928
1927

CUMULATIVE TOTAL
FROM J A N U A R Y 1
THROUGH AUGUST 31

1928

1927

Perct.
increase
(+)
or decrease
(-)
cumulative
1928
from
1927

TEXTILES— Continued

|

Cotton Finishing
White, dyed and printed (outside mills) :
Billings, finished goods
thous. of yds..
New orders, gray yardage thous. of yds..
Shipments, finished goods
cases..
Stocks, finished goods, end mo
cases. _
Operating activity
per ct. of capacity _ _
Unfilled orders end of month
days
Printed only (mills and outside) :
Production
thous. of vds
Stocks, end of month
thous. of yds. .

84, 780;
82, 407 i
52, 399
37, 092
68
5.8

+20.6
+15.1
+14.3
-5.6
+5.9
+15.8

-16.6
-12.9
-11.7
-3.4
-20.6
-24.1

51, 688

+9.0

+5.4

6,225
41, 039

9,347
47, 042

+59.8
+24.2

-.3
+8.0

50, 975
24, 429

43, 841
16, 002

56, 618
22, 218

+31.2
+10.1

-10.0
+10.0

93.0
52 1
62.7

89.8
54.1
52. 1

89.7
53.8
74.9

86.8
51.9
73.4

-3.4
+3.8
-16.9

+3.5
+4.2
-29.0

4.851
1.18

4.851
1.17

4.851
1.16

5.292
1.23

5. 145
1.23

0.0
-.9

-5.7
-5.7

902
3,128
1.50

710
3,157
1.50

659
2,949
1. 50

1, 248!

1,220
1,654
1.50

1,528
1,052
1.50

+89.4

-18.3

0.0

0.0

1,584
],662
199

1,806
1,658
330

1,902
1,818
463

1,911
1,638
535

1,902
1,950
614

2,151
2,199
710

341
308

370
323

^367
^322

343
332

125

163

159

169

3,304
3,217
8,618
3,418
4, 520

3, 462
3,312
9,030
3, 682
4,794

3,246
3, 343
8,980
3,539
4,743

2, 786
2,963
8,916
2,836
4,711

1,151
965
1,520
934

1,148
1,019
1,709
1,028

1,113
998
1,761
894

4
881
<942
* 1,4 658
852

2,245

2,164

2,053

62, 050
23, 682

58, 124
21,846

4,636
3,705
3, 817

thous. of dollars

ratio to capacity
thous. of gross..

Silk
Imports, raw
thous of Ibs
Deliveries (consumption) _.
_bales_.
Stocks, end of month:
At warehouses
bales
At manufacturing plants
bales..
Silk machinery activity:
Broad looms
per cent of normal
Narrow looms
per cent of normal
Spinning spindles
per cent of normal. .
Prices:
Raw, Japanese, 13-15, N. Y.. dolls, per lb._
Silk goods composite
dolls per yd

Rayon

Imports_ . _-_
. thous. of Ibs
Stocks, bonded, end month
thous. of lbs_.
Price, 150 denier, A grade, N. Y._ -dolls, per lb_.

75, 378
68, 316
43, 378
40, 876
64
4.5

73, 539
72, 961
47, 555
40, 449
62
4.3

70, 029
61,347
42, 357
38, 907
53
3.6

58, 685
62,310
40, 500
37, 958
51
3.8

70, 748
71, 743!
46, 283:
35,819
54
4.4

69, 378
78,151'

73, 520
76, 149

63, 796
79, 416

49, 996
75, 977

54, 495
74, 682

6,561
41, 258

9,133
46, 367

6,174
46, 051

5,832
40, 931

9,320
50, 821

35, 483
24, 369

42, 088
23, 523

41, 127
24, 746

38, 866
22, 188

88.5
49.8
64.2

90.8
56.7
56. 9

97.4
55.4
57.1

5.390
1.20

4.998
1.19

844
3,164
1.50

1.50

72, 334
71, 959
43, 154
40, 390
63
5.9

687, 980|
676, 934
402, 689

585, 642 -14.9
572, 854 -15.4
365, 276 -9.3

500, 751

57, 372
363, 141

57, 807
382, 678

+.8
+5.4

10, 646

7,955

-25.3

Clothing
Men's and boys' garments cut:
Suits
thous of garments
Separate trousers
thous of garments
Overcoats
thous. of garments. _
Overalls:
Cut
thous of dozen garments
Net shipments. -thous. of dozen garments. .
Unfilled orders
end of mo
thous. of dozen garments. .

s 14, 799
5 14, 852
5 2, 740

5 14, 083 -4.8
5 13, 169 -11.3
5 2, 356 -14.0
5 2, 524
s 2, 186

Hosiery
Production
thous. of dozen pairs..
Net shipments
thous of dozen pairs
Stocks, end of month
thous. of dozen pairs..
New orders
thous of dozen pairs
Unfilled orders, end of mo . thous. of dozen pairs. _

s 25, 937
* 25, 119

5 23, 787
s 22, 955

-8.3
-8.6

5 26, 853

s 23, 084

-14.0

8,348
8,233

8,711
8,350

+4.3
+1.4

9,124

8, 405

-7.9

3,113
3,226
8,390
3,095
6,046

3,807
4,016
8,093
3,892
6,018

1,049
1, 273
1,563
1,155

880
950
1,617
803

;
1,082 +19. 1
1,369 +35.1
-5.7
1,434 !
1,434 | +35. 6

4 1, 947

1,815

2,458

2,543

-6.8

-28.6

56, 913
19, 672

58, 541
18, 449

47, 766 1
20, 657

35, 236
19, 030

71,417
23, 768 i

-18.4
+12. 0

-33.1
-13.1

417,918
219, 658

462, 319 +10. 6
204, 949 -6.7

5,422
3,991
4,005

5, 123
4,274
4,226

5, 038
3,814
4, 194

5,562
4,201
3,855

3,246
2,545
2,415

3,581
2,749
2,387

+10.4
+10.1
-8.1

+55.3
+52.8
+61 5

29, 477
21, 965

40, 271 +36.6
31, 159 +41.9

11,113

12,905

13, 840

12, 215

10, 959

13, 694

50.7
10, 949

48.8
11,098

46.8
11, 202

29.7
10, 847

33.4
9 70£

43.6
9,555

+46.8
-.9

0.0
+12.5

thous. of gross
220
thous. of gross. .
217
.thous. of gross-. 1
216
thous. of cross _
584
* Revised.

206
204
199
532

158
187
16£
63f

lit
197
162
64f

14C
162
146
56£

171
192
208
533

+39.1
-14.2
+8.6
-7.1 i

-10.5
-12.0
-14.9
+12.6

"

Knit Underwear
Production
thous. of dozen garments
Net shipments
thous. of dozen garments. .
Stocks, end of mo.._thous. of dozen garments..
New orders
thous. of dozen garments. .
Unfilled orders, end
of month
thous of dozen garments
Burlaps and Fibers
Imports:
Burlaps..
thous. of Ibs
Fibers (unmanufactured)
long tons..

-3.0
-7.0
+9.0
-19.5

Pyroxylin Coated Textiles
Pyroxylin spread
thous of Ibs
Shipments billed
thous. of linear yards
Unfilled orders, end mo.thous. of linear yards. _
Fur

Sales by dealers

117,714

85,645

-27.2

1,440
1,643
1, 898

1,495
1,684
1,794

+3.8
+2.5
-5.5

Buttons
Fresh-water pearl buttons:
Production
Stocks, end of month
Ocean pearl buttons:
Production
Shipments
Neworders.. ...
Stocks, end of month-




43.6
10, 746
153
169
177
600 1

3 Cumulative through July 31,

24

TREND OF BUSINESS MOVEMENTS—Continued
1 928
The cumulatives shown are through
August, except where otherwise noted.
Earlier data for items shown here may
he found on pages 28 to 137 of the
August, 1928, "Survey"

May

April

1937

June

July

A ugust

July

PER C£ NT IN- :
CREASE (+) OR
DECREA SE (-) i

!

August

August, August/
1928,
1928, j
from
from
Julv, August,
1928
1927

Perct.
increase
(+)
or decveaso
(-)
cumulative
1928
from
1927

CUMULATIVE TOTAL !
FROM JANUARY 1
THROUGH AUGUST 31

1938

1937

IRON AND STEKL
Iron
Manganese ore, imports
Mums, of long Jons .
Iron ore:
Imports. _ _. _ - _ .fhous. of long tons .
Shipments from mines, thous. of long tons
Receipts—
Lake Erie ports am!
furnaces
..
thous. of long tons..
Other ports
thous. of long tons
Consumption
thous. of long tons
Stocks, end of monthTotal
thous. of long tons
At furnaces
thous. of long tons _
On Lake Erie docks ..thous. of long tons.
Pig- iron production:
Total, United States., thous. of long tons .
Merchant furnaces.. ..thous. of long tons...
Canada
thous. of long tons
Furnaces in blast, end of month:
Furnaces... ......
..
number.
Capacity . . _
, long tons per day
Per cent of total ._
. per c e n t .
Ohio gray-iron foundries:
Meltings Actual.. _
long f o n s
Normal
. . long tons
Katio to normal
per cent of normal _
Stocks, end of month . _per cent of normal .
Receipts
per cent of normal
Malleable castings:
Production
short tons
Operating activity
per ct. of capacity. .
Shipments
short tons..
New orders _
.short tons. .
Wholesale prices:
Foundry, No. 2,
northern
dolls, per long ton..
Basic (valley furnace). .dolls, per long ton_.
Composite pig iron,..., dolls, per long ton..

14

26

2.S

23

! 18.2

183
S, 98 1

226
9. 243

252
S, 609

304 J
8,776

1 2:1 r

6, 199
2, f-iI3
4, 667

6, 07S

fi, 390
2, .SI 9
4,761

6, 13(i!
2,282
4,294

18,877
13,942
4,935

22, 98 1
17,913
5, Of IS

27, 209
2 1 , 824
5, 3X5

:U,7,Vl
26, 036

3, 284
631
SS

3, 082
T.33
97

:,or,

(;

198

IS9
100, $55

I. Si.
9S, 445

IS.',,
9S, 7 SO
,~.4 ;

190
93, 700
52. f ;

IS,
9:;, SOO
51.7

1.
j . '

.5 . 1

13

189

0

211
5, ;{<;;',

8, 926

None.
(,
4, 7s J

2,848
1,517
4, 948

1 7, 570
M,38*
5, 1 82

3, isr,
630

L95
104, 01 f>

56. Vi

Hm, u:.

4*, 633

;i?
•'•

54. <;

57. 7

+ 13.0

199

131

-34. 2

f5'3:

1,678
32,51!*

— 8. 7

-I 2.9

1,837
35, 1.%!

6,451
2,271
4.368

! 5. I
1 6. 2
I 2. 8

- 9
1 24' 0
1-9 0

21,299
9,473
37,014!

21,515
9,610
38,253

-11.5
+1.4
-1-3. 3

31,33t
25, 872
57459j

,r>, 80.5
29, 728
(i, 07,",

1 16. r

- 11 3
- 12.4

3, i:;7

2,951;
7SS;

2,947
733

i 2. 1
5. 3

92

:,\\

63

25, 329 1
(i, 075
5 IS!

24,731
5, 02S
6">f>

—'^4
~17! 2
+26.4

130,620!
153, S7S

127, S0!»
124,794

-IS.'.!

422, 448

432, 949 |

+2. 5

407, 399!
376, 204 f

416, 562
407, 994

+2.2
+8.5

4:i x

5, 7 IS!

i 19. 3
i 6. 2

i 6 4
2I.fi
j 46. 0

1 5 :j
! ,-» o

19,039
17, 579
10S. 0
143
115

! 3, 8«7
1 3, 434
103. 3
150
106

1 9, 3JS2
18,454
105. 1)
146
99

19,967

19,365
103.0
127
107

12, 93 J
1 2, 497
10.5 4
129
99

10,761
14,S64!
72. • i
941
64

b,.Y>9
20,217
86. S
82
71

52, 004
61.0
52, 383
50, 296

56, 412
66.0
53, 222
50, 489

56, 259
63.3
54, 937
48, 132

49, 991
58.6
50, 035
49, 564

56, 507
66.9
54, 020
52, 214

44, 142:
45. 0
44, 347!
43, 136!

47, 166
47. 4
46, 306
39, 897

19. 01
17.00
18. 40

18. 96
16.30
18. IS

18. 51
15.45
17. 97

18.41
16. 00
17.79

18. 26,
16. 00
17.78

19.76
17. 50
19, 3 1!

19.36
17. 30
19.00

-.8

12,45'.
9, 280
9, 554
90, 529

I4.-J32
1 2, 166
14,888
91, 098

1 2, 094
13, 071
14, 765
89, 728

10,581
1 2, 302
12,9,50
87, 993

12, S81
14, 422
12,551
86, 141

J9, O i l
18,911
20, 442
114,224

22,311
22,588
20, 781
113,776

i 21. - i
H7.2
-3. 1
-2. 1

-4;'. :-;

36. 2
39. 6
-21.3

178. 282i
145, 593 j
150,788!

100. :J49
93. 277
98,023

28, 994
15, 787
15, 582
164, 514

34, 790
20, 268
29, 021
181, 972

31, 238
25, 165
29, 779
188, 078

19, 541
28, 247
32, 164
179, 539

38, 693
36, 212
31, 809
182, 367

21,225
22,581!
25, 999!
113,905

26,966
29,268 i
26, 518
111,962

+98. 0
+28. 2
-1.1
+ l.f i

+43. 5
+23. 7
+20. 0
+62. 9

182,987
144, 825|
154,574

243,611 +33. 1
179, 544 +24. 0
193,057 +24. 9

13, 651
7,541
8, 928

16, 513
9,730
13, 572

13, 363
11, 665
12, 394

11,388
13, 285
14, 844

15, 914
16, 951
15, 753

13, 577:
14, 360
15, 775;

16, 828
17, 904
18, 606

+39. 7 ;
+27. t |
+6.1 j

-5.4
-5.3
-15.3

!
123,099!
95,848!
101,231!

116,223
87,184
96,412

78, 279

77, 267

59, 692!

58, 610

-1.3

+31. 8

! ! 4
1 l.<

i

H 13. (
H4.2

+8.0
+5.3

o.n
-. i

J6 4
-3S 2
1-19. J

-i- 39. 4
+ 19.8
+41.1
+16.7
+30.9

- 6. 4

O»sl-iron Boilers and Radiators
R o u n d boilers:
Production . _ .
..,
Ibous. of Ibs.
Shipments
,..,,. thous. of Ibs. ,
New orders _-, _ _ _ _ _ . . .
thous. of Ibs
Stocks, end of month.
thous. of Ibs..
Square boilers:
Production
.
thous. of Ibs. .
Shipments
thous of Ibs
New orders
thous. of lbs__
Stocks, end of month
thous. of lbs__
Radiators:
Production -.thous. sq. ft. heating surface...
Shipments. ,-thous. sq. ft. heating surface. .
New orders. -thous. sq. ft. heating surface ._
Stocks, end of
month
thous. sq. ft. heating surface
Gas-fired boilers:
Shipments
...
dollars. _
Shipments
thous. B. t. u
Production
thous. B. t. u,_
Stocks, end of month
..thous. B. t. u._

70, 845

77, 926

79, 549

161, 976
119, 354
161, 317
983, 786

162, 167
122, 843
164, 434
993, 425

230, 250
182, 195
135, 711
960, 656

4,303
91
113

4, 203
83
118

3,743
76
117

3,812
81
83

4, 178
82
89

3,204;
70

3,499!
70

+9. t
+1.2

+ 19.4
+ 17.1
+ 15.6

3,873

3, 417

3, 637

3, 571

3, 624

3,142

3,196

+ l.f

+ 13.4

85, 669
59
32, 619
53, 050

92, 948
64
36, 599
56, 349

91,387
63
30, 742
60, 645

1

78, 324
54
27, 501
50, 823

86, 809
60
27, 157
59, 652

79,726!
55
32,576'
47,150;

87, 004 j: +10.8
60! +11. 1
32,397
-1.3
54,607! +17.4 '

83, 737
58
32,810
50, 927

86,414
60
34. 995
51,419

71, 745
50
22, 597
49, 148

* 66, 667
46
20, 483
* 46, 184

80, 932
56
25, 171
55,761.

74, 2461
52
31.01T
43,235,

63, 528 1
44
21.144
42,38'

327, 909
97.8

349, 367
95.6

311.629
94. 3

267, 685
82.2

329, 39fi
92.8

237,243
80.2

163, 053
53, 853
327, 674
284, 070
571, 761

166,711
54, 047
326, 324
250, 316
527, 477

151, 606
50, 702
308, 741
318,902
526, 798

161,933
55, 280
278,310
333, 357
550, 468

266,
224,
125,
852,

— 5. 6
-9.0
— 4. s

! 51,224,292
i 5 986, 477
! 5 1. 102. 481

627
098
000
822

Crude Steel
Steel ingots, production:
United States, total
thous. of long tons..
Ratio to capacity
per cent..
Canada.-.
thous. of long tons..
U. S. Steel Corporation,
unfilled orders, end mo._thous. of long tons. _
Steel castings:
Production —
Total
short tons . .
Ratio to capacitv
per cent
Railroad specialties
short tons-..
Miscellaneous
short tons
New orders —
Total
. _ ... _ short tons
Ratio to capacity _
per cent .
Railroad specialties
short tons
Miscellaneous.
. .. short tons
Sheets, black, blue, galvanized, and
full finished:
ProductionTotal
net tons. .
Ratio to capacity
per cent-Stocks, end of month —
Total _ _ - _ .net tons ,
Unsold
net tons..
Shipments
net tons.. _
New orders
net tons..
Unfilled orders, end of mouth
net tons..




* He vised.

4

:
0.0
— 16. 2 1
+9. 2

30, 510 i

620i

32, 783

4-75

821 +32. 4

714,953

690,063

— 3.5

284, 585
430, 368 :

259, 499
430, 564

— S. s

-3.0

6. o

+21. 4
+21. 7
+22. £
+20.7

+27.4
-r27.3
+ 19.0
+ 31.6

674, 963

654, 529

282.331
392, 632

249,420
405, 109

-r-23. 1
+J2. (j

+23 ."
4 J 5. 6

2,328,421

2,599,219 + 1 1 . 6

154,461
154,374
Ih'J, 315
4. f
51,636
44, 538
,)4, 553
-6. (
324,691
252,034
266,713 --16. 7
254, 397
230,715'
177,617 -2,1 7
498, 023.
353,413! 312,662
-9.:
« C i imulative through July 31.

+ 21.7
-M3.2
-r59. 3

2,242,626,
1, 987, 193

2, 4 97, SiH --11. i
2, 653, 240 —33. •"

266,615
^0.3

1

—11.7

-S S

25

TREND OF BUSINESS MOVEMENTS— Continued
1928
The cumulatives shown are through
August, except where otherwise noted.
Earlier data for items shown here may
he found on pages 28 to 137 of the
August, 192S, "Survey"

April

May

June

July

August

July

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH AUGUST 31

PER CENT INCREASE (+) OR
DECREASE ( — )

1927

August

Per ct.
increase

or decrease

August, August,
1928,
1928,
from
from
July, August,
1928
1927

1937

1938

cumulative
1928
from
1927

IRON AND STEEL— Continued
Crude Steel

Continued

Steel barrels:
047, 844
615, 152
712,779
578, 223
007, 827
($77,313
090, 28 1
Production
.
.barrels _
51.3
56.2
55. 5
61.4
57. 8
59.8
57. 5
Ratio to capacity.
. per cent..
576, 602
610, 454
717,496
645,881
075, 600
094, 843
001, 949
Shipments
......
- .barrels .
4
53,715
57,
413
55,
831
57,
544
58, 585
53, 868
57, 147
Stocks, end of month.
_.. _
barrels ...
U n f i l l e d orders, end of m o n t h .... barrels.. 1,276,994 1 , 257, 1 17 1 , 1 59, 756 1,243,412 1,064,358 1,346,688 1,106,604
13,217
13,387
ll,040j
13,716
14, 141
13,511
11,776
'Track w o r k , production
..
.short tons...
Iron, steel, and heavy hardware
183
200
204
187
204
187
sales ...'....
".
.. ...rel. to Jan., 1921..
257
213
282
228
287
270
Lock washers, s h i p m e n t s
..thous. of dolls . _
Wholesale prices:
33. 00
32. 25
33. 00
32. 00
32. 00
33. 00
33. oo
Steel billets, Bessemer. (lolls, per long ton..
36. 43
35. 55
34. 93
36. 24
35. 34
34. 91
35. 07
Iron and steel, cornp ..dolls, per long ton..
1.85
1.85
1.85
1.78
1.88
1.80
1.90
Structural steel beams, .dolls, per lOOlbs..
2.53
2. 53
2.4S
2. 19
2. 5 1
2. 18
2. 48
C o m p o s i t e finished steel. dolls, per 100 Ibs

4-4. 5
+4.1
+4.6
+3.1
-14.4

+ 10. 1! 4,585,126
+2. 8i
+10. 7! 4, 574,503
+.2
-3.8r
120,873
-J7.. !

5, 033, 749

+ 9.8

5,028,811
99, 945

-17.3

2,7)23

2, 126

+ 5. 1

+9.7

+23. 7!

0.0
+.1
0.0
0.0

-3. Oi
-3. (>!
+2.8
-2.0

j 30. I
t 30. J
j-5. 3

2, 013, 750

2, 238, 750

111 2

1,880, 250

2, 017, 500

1-7.7)

Fabricated Steel Products
S t r u c t u r a l steel, fabricated:
New orders (prorated)
. . . . . . short I o n s . .
Itai io to capacity.
per cent .
Shipments (prorated)
. short tons
liatiu to capacity
p»-r cent
Sled plate, fabricated, new orders:
Total '
"...
short tons ..
Ratio to capacity
percent
Oil-storage tanks
short tons
Steel bars, cold finished, shipments
- .tons .
Steel boilers, new orders:
Quantity
.number. .
Area
thous of sq. ft
Steel furniture:
Business group-Shipments
thous. of dolls
New orders
thous. of dolls
r n tilled orders, end mo. thous. of dolls. _
Shelving
Shipments
thous, of dolls. .
r n f i S l e d orders, end mo. thous. of dolls.. |
I rou and steel:
i
Kxports.
..long tons.. I
Imports
long tons_.
Enameled Ware
i
Hntlis:
;
Shipments .
. . . . . . _ . . . _ , . . . . . .pieces..
Slocks, end of mouth . . _ . . _
.pieces...
New orders
pieces '
Unfilled orders, end of month
pieces...
Lavatories:
Shipments . _ _ .
_ . pieces
Stocks, end of month
pieces. .
'N'ew orders
pieces
Sinks:
Shipments
pieces
Stocks, end of month
pieces-.
New orders
pieces
.Miscellaneous sanitary ware:
Shipments
pieces . _
Stocks, end of month..
pieces ...
New orders
._ ._
. pieces
Small ware (all except baths):
Unfilled orders, end of month
pieces ._
Enameled sheet-metal ware:
Shipments
dozen pieces
Porcelain flat ware:
New orders —
Total
-.-. .thous. of sq. ft.
Katio to capacitv
per cent
Shipments—
Total
thous. of sq. ft
Ratio to capacity
per cent-.

4

273, 750

356, 250
95
300, 000
80

345, 000
92
258, 750
09

285, 000
70

+20.3
1-20. 3
\ 11.1
I 11. 1

35, 959
47
10,881
39, 943

-17,2-15
00
21,807
•12,993

35, 43 1
44
17, 199
30, OOf

IS, 577
00
29,091
30, 300

[31.4
+27. 7
-j-47. 0
i7 0

1,611
1,470

1,615
1,528

1 , 649
1,460|

1,510
1,77,-)

1 ', 509

3,213
3, 086
2, 233

3, 009
2,764
1,993

2,515
2,594
2,072

2, 565
2,619
2,118

2,040
2,092
1, 507

76!)
733

720
737
729

713
706

836
803
734

215,184
55,567

267, 890
55, 092

262, 052
56, 573

253, 336
33, 465

105, 718
159,892
191 571
139, 801

125, 522
135, 793
127, 780
136, 238

119,297
120, 723
113,017
121,061

1 24, 027
212, 325
209, 744

141,458
183, 173
139, 110

131,623
173, 898
138, 113

4

125 479
268, 699
216, 182

143, 791
239, 678
145,004

128, 298
227, 929
128, 368

4

51, 510
125, 325
73, 455

53, 353
113,088
55, 012

48, 221
111,141
47, 197

360, 858

348, 844

315, 920

274, 135

351, 034

348, 661

299, 078

277, 936

5, 430
45

5, 628
47

5, 477
49

4, 457
40

230, 250
03
243, 750
05

311, 250
202, 500
70

303, 750
81
•* 202, 500
4
70

50, 347
03
22, 095
35, 971

42, 370
5:5
1-1,849
39,431

35, 202
44
1 2, 204
39, 542

1, 325
1,295

1,571
1,456

3,066
2, 915
2, 360
716

794

4

290, 250
4
79
270, 000
-i 70
4

i 5. :',

<7o

348, 950

343, 570(

-I.f,

10 4
i 11 9

154,018
297,330

1 52, 095
323,201,

-1.2
1-8.7

it;

[8. 7
— (>. 9,

11,077
11,619

11,040
10,583,

-8.9

2, 475
2,382
1,412

+2.0
+1.0
+2 2

+3.6!
+9.9
+50.0

20, 910
20, 655

23, 159
23, 805

+ 10.8
+15. 3

565
535
679

604
592
669

+15. 6
+21. 0
+4. 0

+38. 4!
+45. 81
+9.7

4, 945
4, 998

5, 958
6,138

+20. 5
+22. 8

287, 297
54, 062

190, 502
39, 543

175, 637
51, 596

+13.4
+61. 5

+63. 6
+4.8

1,498.007
360, 563

1, 899, 375
400, 189

+26. 8
+ 11.0

111,067
113, 430
101, 603
101, 560

104, 143
122, 073
97, 141
68, 263

111,294
128, 516
117,720
46, 860

116,443
127, 324
110,916
41, 183

-6.2
+7.6
-4.4
-32.8

- 10. 6
-4.1
-12.4
+65. 8

812, 66;.

808, 924

821, 563

916,924

120, 600
164, 830
104, 262

114,031
161, 159
102, 190

110,826
233, 466
121, 276

126, 534
220, 381
126, 027

-5.4
-2.2
-2.0

-9.9
-26. 9
-18. 9:

122, 593
213, 539
« 116, 236

116,665
216, 376
96, 998

115,169
248, 458
120, 538

131,752
238, 763
131, 053

-4.8
+1.3
-16.6

-11.5
-9.4
-26. 0

917, 134

939, 794

+2.5

926, 181,

1, 050, 782

+13. 5

45, 523
134,133
49, 560

55, 030
127, 827
54, 102

+ 11.4
-13.1
+.4

— 1. 7
-25.0
-22.8

390, 744

388, 003

384, 383

406, 828

+5.8

123, 117

120, 949

-36. 5

+ 43. 9

248, 599

329, 843

52,359,788 5 2,412,117

+2.2

4, 668
37

5, 285
43

1
4
4

4
4

4

4

4

48, 550
110,330
41, 605

4

54, 096
95, 930
41, 785 i

174, 072

6, 233
55

+11.6

882, 943

919, 609

+4.2

897, 987

1, 037, 527

+ 15.5

+39. 8
+37.5

+17.9
+27.9

47, 198

45. 048

-4. 6

5, 937
47

+17. 8
+19. 5

1

51,077

46,448

-9.1

+6.0
+4. 2
-6.1
+21.4

6,924
58

5,322

4, 665
41

5,495
49

89, 587

89, 661

75, 631

57, 702

65, 164

8 212, 829

+12.9

86, 772
69, 884
1,489
8,182

88, 164
70, 922
1,480
8, 997

79, 962
63, 531
1, 235
9, 624

78, 564
62, 337
1,218
8, 815

92, 955
74, 253
1, 402
9,471

70, 260
58, 009
1, 238
7,586

75, 155
63, 606
1, 595
8,601

+18.3
+ 19. 1
+ 15. 1
+7.4

j
+23. 7J
+16.7!
-12. 1
+10.1

623, 422
512,783
12, 181
54, 185

660, 857
534, 209
11,444
65, 784

42, 990
2,299

40, 190
2,305

43, 693
1,842

43, 631
2, 251

48, 729
2,528

38, 752
1,024

39, 969
994

+11.7 +21.9
+ 12.3 +154. 3

341,771
6,977

376, 000 +10.0
16, 992 + 143.5

1, 504
1,376
3, 383

1,428
1, 518
3, 239

1, 505
1,640
3,088

1, 460
1, 553
2. 984

6, 219
52

6. 040
48

-7.4
+4. 3

Machinery
Vacuum cleaners, shipments
number
Washing machines, shipments:
Total.. .
number. _
Electric . .
.
number
Water softeners, shipments
units
Wafer svstems, shipments
units
rumps:
Domestic shipments —
Pitcher, hand, etc.
_ units
Power, horizontal type
units...
Steam, power, arid centrifugal —
New orders
thous of dolls
Shipments
thous. of dolls
Unfilled orders, end mo_ thous. of dolls..
4

Revised.




5

Cumulative through July 31.

1,579
1,520
3.023 1

1, 409
1, 597
3. 044

11,998
+8.2
+6.0
11,725
-2.1 +3.1
+1.3 1
-.6
Quarter ending Sept. 30, 1927.
1, 489
1,474
3, 010

s

11,377!
11,274

-5.2

26

TREND OF BUSINESS MOVEMENTS—Continued
1938
The cumulatives shown are through
August, except where otherwise noted.
Earlier data for items shown here may
be found on pages 28 to 137 of the
August, 1928, "Survey"

April

May

PER CENT INCREASE (+) OR
DECREASE (— )

1937

June

July

July

August

Vugust, August,
1928,
1928,
from
from
July, August,
1928
1927

August

Per ct.
increase

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH AUGUST 31

or decrease

1937

1938

cumu1 lative
1928
! from
i 1927

IRON AND STEEL-Continued
Machinery— Continued
Agricultural machinery and equipment:
Shipments —
187. 2
Total
rel. to 1923-25
184. 6
Domestic ...
rel. to 1923-25
200.6
Forefgn
rel. to 1923-25. _
148.2
Production
...rel. to 1923-25..
Foundry equipment:
107. 7
New orders
rel to 1922-24
112.5
Shipments
rel. to 1922-24.
126. 1
Unfilled orders, end mo
rel. to 1922-24..
Stokers, mechanical, sales:
88
Quantity..
...
number. . I
31,043
Power
horsepower. .
Alachine tools:
222
New orders
rel. to 1922-24
219
Shipments... ...
rel. to 1922-24. .
371
Unfilled orders, end of mo..rel. to 1922-24..
Electric hoists:
New orders—
394
Quantity
.
.
number
Value . .
.. ... - . . dollars . 198,004
Shipments
dollars
188, 967
Klectric overhead cranes:
659
Shipments
thous . of dolls. .
New orders
thous. of dolls. _
410
Unfilled orders, end mo
thous. of dolls ..
1, 520
Woodworking machinery:
1,329
New orders
thous. of dolls
1,150
Shipments
thous. of dolls..
Shipments
number of machines. _
931
42
Cancellations
thous of dolls
1,577
Unfilled orders, end of mo. -thous. of dolls..
Electric industrial trucks and tractors:
Shipments, domestic —
Tractors
number of vehicles
9
122
All other types
number of vehicles. _
6
Exports
number of vehicles ..
Fire-extinguishing equipment, shipments:
Motor vehicles
.
... .number. _
101
Hand tvpes
number
46, 643
Patents issued:
Total, all classes.
number _.
3,321
45
Agricultural implements
number.
Internal-combustion engines
number..
43

+2.2
+ .5
+21.9
+2.1

+23.0
+22.2
+27.5
+ 14.6

186. 6
186. 2
188.3
145. 8

219.3
222. 4
202. 81
142. 4;

4213.7!
4
202.8i
4244.7'
4142.0!

218.4
203.9
298.3
145.0

158. 5
158. 5
158. 8!
127.8

177. 6
166. 8
234. 0
126.5

335.6
104.7
344. 5

149. ll
129.4
359. 3

94. 8
124. 8!
332.1]

278. 0
154. 1
467.2

89.9

106.4

130
38, 705

166
43, 212

193
59, 859!

162
51, 512

136
41, 504

160
60, 977

-16. 1l] +1.3
-13.8 | -15.4

205
204
345

215
193
348

204!
181;
420:

241
208
428

129
100
216

170
118
278

+18.1 +41. 8
+14.9 +76 3
+1.9 +54. 0

462
204, 550
190, 174

442
181, 205
195,807

394
204, 636
177,404;

402
180, 365 1
193,248

229
105, 103
98, 020

278
162, 594
128,331

547
708
1,671

600
573
1,688

463 ;
733!
1,800]

564
821
1,952

679
689
2, 746 !

I, 985
1,490
1, 082
25
2, 058

1^319
871
44
1,873

1,247
1,264]
932
32!
l,838j

1,641
1,436
1,170
6
2,058

8
95
13

6
97
14

87 !
15!

107
55, 033

97
4 48, 123

4,248
56
63

69, 721
82, 087
122, 824
143, 427
72, 234
45, 550

+193. 2 +161.3
+23.5
+40.7
1, 025
379, 380

1,022
-.3
338,031] -10.9

+2.0 +44.6
-11.9 + 10.9
+8.9 ; +50. e

2,228
1, 132, 723
1, 025, 909

3,396 +52.4
1,562,306 +37.9
1,460,442.1 +42.4

729
483
2, 278

+21.8 -22. 6
+12.0 1 +70. 0
+8.4 -14.3

6,492
5, 615

4,532^ -30.2
4, 826 1 1 -14.1

1,036
1,105
971
13
1,167

1,207
1,214
1,089
12
1,200

+31. b

+36. 0
+13. e +18.3
+25. f ! +7. 4
-81.2 -50.0
+12. C +71.5

10, 331
10, 680
8,543
107

11, 082: i +7.3
10,282]] +3.7
7, 860 ! -8. 0
202! +88.8

85
6

12
73
5

87

o.c +66. 7
-2.2
-2.3
-60. C +200. 0

93
706
78

7l!l -23.7
767|! +8.6
97 ! +24. 4

< 105
« 48,897|

122
47,340

46, 28f

4, 275
24
42

3, 1071
44!
59'

3, 390
29
43

73, 729
85, 745
129,236 i
153,414 |
79, 103 |
56, 667 !

73, 224
88, 398
131,024
156,474
81, 436
50, 261

73, 426J
83, 875]
135,092!
153,190!
82, 245]
47,855]

77, 047 \
88, 517
143,560
158,838
83, 398 I
41,186 ,

72, 893
235, 392
.1399

66, 288
241, 75cr
.142C

58, 809
251, 694
.1453

54, 871 !
257,673!
. 1453]

413
405
1,147
399
283

431
40'
1,134
371
258

400
364
1,15"
310
185

367
365!
1,124!
346
247;

438

405

414

3

!

2

!

143
48, 101

+16. 5
-3.5

-14.7
-1.6

979
402, 263

804! : -17.9
382,296]; -5.0

3,815
46
67

+9.1
-34.1 i
-27. 1

-11.1
-37. 0
-35.8

28, 352
419
57"

28, 210 i -. 5
324! ! -22.7
414 ] -28.2

65, 54,)
75, 021)
118,13:j|
132, 18f )!
61,96 3!
42,59.2'

67, 248
78, 245
119,786
135, 015
71, 736
46, 571

+4. ( )
+5. 3!:
+6.,J
+3. 7\
+1. 1]
-13. ?

559, 78
+14.6 1
644, 942
+13. 1
985, 287
+19.8
+17.6 1, 088, 84
564, 52
+16.3
343, 66
-11.6

54,793
254,433 !
. 1453

104, 3&*''
250, 95 7:
.125 JJ

93, 654
253,886
. 1297

— i! 3<

430
387
1,120
408 i]
285

41 3!
39 I
1,37 1
367
24 5!

422
426
1,320
413
256

+17. 2
+6. 01

41 7 1

398

+12. 8

3, 078

%

NONFERROUS METALS
Copper
Production:
Mines
._
short tons.Smelter
short tons
Refined (N. and S. America) ... short tons..
World production, blister
short tons..
Doiriestie shipments, refined
short tons..
Exports
.short tons..
Stocks (North and South America), end mo.:
Refined
short tons
Blister ..
__ ...
short tons .
Wholesale price, electrolytic
dolls, per lb._
Wire Cloth
Production
Shipments
Stocks, end of month
New orders
Unfilled orders, end of mo
IVIake and hold orders, end
of month

thous. of sq.
thous of sq
thous. of sq.
thous. of sq.
thous. of sq.

ft
ft
ft..
ft
ft..

thous of sq ft

405!

457

1;

573,366!
667, 056 !
l,038,279 j |
1, 195, 277 I
609, 671
384,916!

+2.4
+3. 4
+5.4
+9. 8
+8. 0
4-12.0

-41.

+.

0. 3 +12.

+1.
-9. 2
4 -15.2
+17! 9! -1.2
+15. 4 +11.3 1

3, 509! -4. 3
3,258|| -1.4

3,66
3,30

3,04 7' ;

+14.8

Tin
Deliveries (consumption)
Stocks, end of month:
World visible supply
United States
Imports
Wholesale price, Straits, N. Y

long tons

7,010

6, 950

5,545

7,200

5,95 3

6, 895

+29. 8|

+4.4

50,175]

51,205

+2.1

long tons
long tons. .
long tons
dolls, per lb_.

15, 001
1,973
9,494
.5236

17, 064
3,708
7,04;
.5154

16,231
2, 148
5, 050
.4794

18, 022
2,878
4, 772
.4704

18,456 !
1,718 !
6, 584 !
.4801

15, 37 7
1, 984!
5,682i
.640 6^

14,487 !
2,201 !
8, 560 1
. 6447

+2. 4^
-40. 3
+38. 0
+2. 1!

+27.4
-21.9
-23. 1
-25.5

50,254;

52,802

+5.1

Retorts in operation, end of month
number. .!
Per cent of total
per cent
Production _ _
_ _ _ _ short tons .
Stocks, end of month
short tons
Ore, Joplin district:
Shipments
short tons
Stocks, mines, end of month short tons i
Price, slab, prime western
dolls, per lb_.
4
Revised.

72, 522
59. 0
53, 493
44, 75C

70, 26()
57. 5>
53, 42^3
45, 22,)

65, 68C
53.'
50, 82.
44,468

62,384
53. 9
50,890
42, 210

66,428 !
57. 4 :
52,157 !!
44, 416 !

76, 519!
58. 2
47,62 7
39, 323:

76, 851 1
57. 1 !
49, 012
34,587

+6. 5! -13.6
+.5
+6. 5;
+2. 5i +6.4 i
+5. 2 +28. 4 i

419,124!

+1.2

51, 57C
49, 097
. 057f

50, 63()
41, 74rI
.060^V

64,53
32, 26
. 061£

43,227
31, 679
.0620

43,46^ !
39, 303 !|
.062£ i!

59,104!
30,813
.0623,

61,749 1
24, 934
.0634 1

1
+• 6 -29. e
+24. i +57. e
+. 8!
-1.4 IL

386,234

-14.7

I

Zinc




414,064

I

452,882

-._

;

27

TREND OF BUSINESS MOVEMENTS—Continued
1928
The cumulatives shown are through
August, except where otherwise noted.
Earlier data for items shown here may
be found on pages 28 to 137 of the
August, 1928, "Survey"

April

May

June

PER CENT INCREASE (+) OR
DECREASE (— )

1937

July

August

July

Lead
Production
'_
short tons Ore shipments:
Joplin district
. _ _ ..short tons..
Utah
short tons _
Receipts in U S ore
short tons
Stocks U S and Mexico, end mo short tons
Price, pig, desilverized, N. Y
dolls, perlb..
Other Metal Products
Babbitt metal, consumption:
Total apparent
thous. of Ibs
Direct by producers
thous. of Ibs
Sale to consumers
thous. of Ibs
Band instruments, shipments:
Total
dollars
Cup mouthpieces
dollars
Saxophones
dollars
Wood wind
dollars Pails and tubs, galvanized:
Production
dozens. _
Shipments
dozensOther galvanized ware:
Production
dozens
Shipments
dozens

August, August,
1928,
1928,
from
from
July, August,
1928
1927

August

NONFERROUS METALS— Continued

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH AUGUST 31

1937

1938

Per ct.
increase
(+)
or decrease
(-)
cumulative
1928
from
1927

i

50, 115
6,438
58, 401
47, 939
161, 207
.0610

51, 501

51, 481

13,277
77, 074
54, 185
163, 709
.0630

6, 352
61, 790
53, 991
159, 375 *
.0612

4

48, 671

53, 986

57, 059

55, 830

+10.9

-3.

463,420

6,623
56, 395
49, 305
158, 919
.0622

6,125
78, 811

6,169
63, 114
49, 005
165, 589
.0634

8,540
63, 721 i
56, 479
162, 866
.0668

-7.5
+39. 7

-28.
+23.

68, 510
522, 078
5 385, 572

+.5

-6.

4,605
1,442
3,162

5, 497
1,008 !
4,489

+1.3
+1-3
+1.3

-13.
-9.
-14.4

i
.0625

423, 182

-8.7

59, 367 -13.3
557, 644 +6.8
s 367, 561 -4.7

|
4,843
1,118
3,725

4,607
1,028
3,578

4,731
1,106
3,625

4,693
900
3,793

392, 146
158, 677
211,414
22, 055

374, 490
163, 075
185, 511
25, 904

345, 169
148, 148
168, 420
28, 601

266,219
110, 104
134, 350
21, 765

208, 544
201, 119

177, 170
155, 561

141,448
144, 385

114, 343
121,415

31, 545
36, 452

39, 206
35, 143

48, 038
44, 833

61, 688
47, 856

1
4, 756!
912
3,844
!

41,233
8,695
32, 537

37, 957
8,010
29, 946

-7.9
-7.9
-8.0

5 3, 040, 881 82,610,624
14 1
5 1,127,264 « 1, 054, 929 -6.4
- 1 5 1, 754, 187 5 1,379,919 -21.3
5 151,430 5 175, 776 + 16. 1

366, 338
142, 373
204, 470
19, 495

432, 571
175, 999
237 532
19, 040

127, 797
142, 487

124, 264
128, 816

133,309
148., 148 i

+11.8
+17.4

-4.1
-3.8

1, 183, 659
1,219,002

37. 846!
44, 377

30, 712
31, 832

44, 632
48, 291

-38. 6
7 3

-15.2
-8.1

290, 606
289, 350

333, 514 +14.8
318, 640 +10.1

42, 402
131,293
400, 398
1,864
635
1,030

62, 697
114, 467
386 174
2,361
1, 165
1,145

s 589, 388
5 953, 431

5 494, 621 -16.1
s 868, 584 -8.9
s 3, 505, 592
5 18 156
s 9, 466
5 9, 693

636, 716

929, 872

- --

1, 246, 252
1,265,868

+5.3
+3.8

Electrical Equipment
Electrical porcelain, shipments:
66, 968
57, 919
70, 674
Standard
dollars
106, 503
116, 516
133, 524
128, 243
132, 762
Special
dollars
514, 307
521, 682
540, 212
637, 602
High tension
dollars
2, 207
2,172
2,597
4,079
Glazed nail knobs
- thous. of pieces..
953
1,557
1,349
2, 065
Unglazed nail knobs
thous. of pieces. _
1,155
873
1,239
3, 237
Tubes
thous. of pieces. .
Laminated phenolic products,
872, 336
857, 478 1, 020, 948 1, 125, 767
shipments
dollars
Motors:
730, 979
805, 824
896, 638
New orders
dollars
786, 991
761, 630
Billings (shipments)
.
dollars. . 749, 534
Outlet boxes and covers, shipments . . _ pieces. . 2, 518, 077 2, 763, 094 2, 779, 032 2, 769, 866
Vulcanized fiber:
621
Shipments, total
thous. of dolls. _
662
628
561
Consumption
thous. of lbs_.
2,700
3,092
3, 098
2, 606
Industrial reflectors, sales
units
107,801
109, 804
117, 104
115,929
1,860
Power cables, shipments
thous. of f t _ _
2,130
1,947
1,738
Flexible cords:
Shipments
... . . - thous. of ft.
37, 853
41,357
37,803
37, 328
Stocks, end of month
thous. of ft
45, 145
46, 882
46,411
44, 751
Welding sets, new orders:
Single operator
units
239
294
238
206
Multiple operator
._ _
_ .units
11
2
28
10
Nonmetallic conduits, shipments, -thous. of f t _ _
7, 860
8,939 |
7, 645
6, 373
Electric furnaces, new orders
kilowatts. _
5, 131
5, 668
4, 958
4,861
Manufactured mica:
Shipments
thous. of dolls. .
246
279 !
265
270
Unfilled orders, end of mo -thous. of dolls. .
304
335
19f
305
Delinquent accounts, electrical trade:
Amount
_
..
_ . dollars
173, 482r
196, 243
165, 775
151, 476
Delinquent
firms
number
1 , 48,
1 , 488 |
1,291
1, 191
AUTOMOBILES
Production:
United States —
Total
number of cars
Passenger cars
number of cars
Trucks..
number of cars..
Canacla —
Total
number of cars. .
Passenger cars
number of cars..
Trucks
number of cars__
Exports (assembled) :
From United StatesTotal __ _ . - -.number of cars .
Passenger cars. _ . . number of cars
Trucks
number of cars
From CanadaTotal
number of cars
Passenger cars
number of cars..
Trucks _ _ _
number of cars
Shipments (General Motors Co.):
To dealers
number of cars.To users
number of cars_Accessories and parts:
Shipments —
Original shipment
rel. to Jan., 1925..
Replacement parts. _ . rel. to Jan., 1925..
Accessories ._ _ __rel. to Jan., 1925
Service parts
rel. to Jan., 1925.
Exports
thous. of dolls. .
Rim production . _. _.
. thous. of rims




5 3, 675, 335 s 6, 115, 455 +66.4

7Sfi 679
706 219
!
776. Sfif
823 940 :
1. 936, 639 2. 645, 760
719
2,256
107, 384

731
2, 461
120, 353

36, 660
60, 017

36, 005
58, 556

118
8
8, 580!

i

514,922,447 518,850,700 +26. 3

» 5, 431
5 18, 304
5 866, 326

54,480 -17.5
* 19, 258 +5.2
5 843, 520 -2.6
& 1 2, 766

* 269, 092

137
23
9, 713 I - - --

5945
574
s 69, 532

5 1, 562 +65.3
5110 +48.6
5 53, 927 -22.4
5 33, 414

167, 136
1,384

201, 183
1, 427

166, 683
1,585

+ 10.3
+ 16.2

+.3
-12.7

391, 180
338, 098!
53, 082 j

458, 429
400, 689
57, 740

268, 48c
236, 865
31,617 1

308, 82f
274, 381
34, 445

+17.2
+ 18.5
+8.8

+48.4
+46. 0
+67.6

2, 646, 285
2, 313, 869
332, 416

3,051,220 + 15.3
2, 704, 514 +16.9
346, 706 +4.3

|
410, 191
364, 877
45, 314

4

425, 86?
375, 863 !
50, OOC

4

4

396, 669
356, 439
< 40, 230

4
4

4

24,211
20, 517
3,694

33, 942
29, 764 :
4, 175

28, 399
25, 341
3,058

25, 22f i
20, 122
5,104 J

31, 245
24, 274
6, 971

10, 987 !
8, 7H
2,265

12, 52f
10, 13S 1
2,387

+23. £ +149. 4
+20. f ! +139.4
+36. C +192. 0

150, 321
124, 503
25,818

181,459 +20.7
152, 261 +22. 3
29, 198 +13. 1

42, 269
33, 644
8,625

47, 915:
38, 851 1
9,061 !

47, 171
36, 038
11, 133

49, 007
32,815
16, 192

28, 60-1
19, 395 1
9,20C

32, 05t i
23, 29-1
8,76£

+26, e i

+52. 9
+40.9
+84. 7

284, 933
210, 351
74, 582

354, 024 +24. 2
265, 999 +26. 5
88, 016 + 18.0

3,996
2, 957
1, 039

6, 15"
4,511
1, 646 |

5, 589
4,431
1, 158

51, 679
38, 880
12, 790 !
i
8,021
6, 545
l,47f

11,011
7, 985 !
3,026

3,242, 051)
1,185

4,634
+37. S +137.6
3, 02C ! +22. C i +164.4
1,614 i +105. C +87. 5

43, 966
30, 404
13, 562

45, 944 +4.5
33,581 +10.4
12,363 -8.8

197, 597
209, 367

207, 32£)
224, 094(

186, 160
206, 259

169, 473
177, 725

186, 653 i
187, 463 |

136, 901)
,«,7«)j

213
151
107
164
12, 466
2.316

21,
18C !
IK
15'
11,49]
2.18f ;

200
150
110
140
11,838
2. 429

203
145
112
12C
12, 571
2. 21C

* Revised.

-5.2
-15. f

155, 604 i +10. ]
158,611 | +5.f )

+20.0
+18.2

1, 175, 99C
1, 133, 841=

1, 439, 442 +22.4
1, 427, 924 +25.9

145J
15,r ! +13. [
230
145r>|
176
161 I I +18.1)
9
147
lit i l +3i. :5
148
13()
13] \ +23. '.>i
9,9715
13, 858
9, 741
+ 10.1J
1. 68()
+4.1)
2.319
1. 82f >
5
Cumulative through July 31.

+48.4
+4.1
+27. 8
+10.4
+42. g
4-27. 0

74, L32
14.926

91, 440 +23. 3
17.498 4-17 2

28
TREND OF BUSINESS MOVEMENTS—Continued
i

!

The cumulatives shown are through
August, except where otherwise noted.
Earlier data for items shown here may j
be found on pages 28 to 137 of the
August, 1928, "Survey"
April

1' Perct.

CUMULATIVE TOTAL
,
j
FROM J A N U A R Y 1
i
THROUGH AUGUST 31 '

PER CENT INCREASE (+) OR
DECREASE ( — )

1927

1928

August

June

July

332, 056
14, 705
71,050
99, 201
146, 282
818

351, 332
14, 642
72, 993
102, 890
159, 926
881

317,032
11,648
64, 480
90, 176
150,028
700

324, 021
11,310
67, 902
84, 248
159, 916
645

32, 188
1,123
711

36, 624
1, 258
1,144

35, 963
1, 338
1, 277

36, 276
1,309
1,503

41, 108
1, 535
1,618
356

1928,

July

1 928,

from
from
Julv, August,
1927
1928

August

1927

(^)

' (-1 d*>i , oea^e

..

August, August ,
May

m_

crtMt>( >

1928

i (~)
cumui latnc
192s
from
19?7

AUTOMOBILES— Continued
New passenger-car registrations:
Total
number
Highest price group
number
Second highest group
number
Third highest group
number
Lowest price group
. number
Miscellaneous
number

of cars. _
of cars..
of cars
of cars..
of cars
of cars

^ 251, 709
* 9, 769 1
-41 65, 749|
67. 807
4 107, 077j
4 1,307

-r').4
s 1, 784, 655 M,880,2f3
5 7 , , 9 2 S -r-17.7
5 66, 223
-.6
5 399, 236 55396, 9 U
546, 209 +32 3
5 412, 820
5 895, 995 5 854, 272 -4 7
M,911 -,"2 7
* 10, 381

242, 031
11,514
73, 223
71, 704
85, 071
519

FUELS
Coal and Coke

Bituminous:
Production -—
United States
thous. of short tons..
Canada
thous. of short tons_.
Exports
thous. of long tons,.:
Consumption—
Bv vessels
thous. of long tons
By electric power
plants
thous of short tons
By railroads
thous. of short tons..
By coke plantsUnited States.thous. of short tons.
Canada. . . .thous. of short tons
Prices -Mine aver, (spot) < lolls, per short ton
Wholesale, comp. dulls, per short ton.
Retail, composite, dolls, per short ton
Anthracite:
Production . . . .
.thous. of short tons .
Exports
thous. of long tons
Prices-Wholesale, comp ..dolls, per long ton..
Retail, composite. -dolls, per short ton.,
Coke:
Production, U. S. —
Beehive
thous. of short tons..
By-product
thous. of short tons__
Production, Canada.. thous. of short tons_.
Exports
-.
thous. of long tons
Price, furnace,
Councils ville
dolls, per short ton..

306

364

322

314

3,119
7,436

3,118
7, 400

3, 039
6, 927

3, 170

6, 235
243

6, 484
266

6, 167
271

6,046
279

1.74
4. 016
9. 20

I . 73
3. 986
8. IS

1.73
:',. 973
S. 72

1.70
* 3. 984
.8. 69

41, 705 I
1,318 !
1, 278 I

33, 637
1, 230
1, 531

+13.3 -1.4
+17-3 + 16.5
+7.7 +26.6
+13.4

351, 971
10, 975
11,57"

2,553

-6.2

23.06S

-3.3

50, 763
1,952

49,830
2,070

-1.8
K>. (I

.r>3, 584
1 , 879

48, 1C! :
1,74»'

\). (i
-7.0

5, 3721
29,542!
1,345
436

2, 829 !
31,087
1,486
641

—47. 3
+5.2
+10.5
+47.0

598,242

588,543:

-1,0

37,079i
547, 283:

52,025 +40.3
594, 171 +8. 6

2 722

+1.4

335

351

3, 353
7.184

3, 518
7, 558

6,191
269

5,993!
231

6, 034
247 •

+2.4
-3. 6

+2.7
+8. 9

1 73
4 009
*> 71

1.86J
4. 251
,s. 91

2. 07
4. 275
«. 99

\

f-i.s

- 16 4

0, 883
278

4, 993
228

7, 694
280 !

+53. 8

- 1U. 5

—.9
+ 9

—'a

5 23, 856

+ .6

6, 909
182

8, 124
266

5, 3<J1
209

4, 175
167

12.794
14.64

12.752
14. 46

L2.949
14. 61

12.965
14. 63

12. S53
14. 76

13.148!
14. 81

13.209
14.80

377
3,925
174
62

376
4,100
193
89

302
3,961
195
126

271
3,911
200
79

288
3, 995
191
70

467 i
3, 658
159i
581

486
3, 681
169
55

2.70

2.80

2. 79

2. 88;

3. 04

3. 08

+3.2

+66.5

311,673 -11 1
11,062'
+. S
8,655 -25.:.'

3

-° S

+6. 3 -40. 7
+2. 1 +8. 5
-4.5 +13.0

-11.4. +27.3
-6.5

Petroleum
Crude petroleum:
72, 127
Production
thous of bbls
Stocks, end of monthTotal (comparable)
t hous, of bbls_ . 371,579
Tank farms and pipe
lines
.
thous. of bbls.. 328, 354
Refineries
thous. of bbls..
43, 225
California—
Light
thous of bbls
18, 752
Heavy
thous of bbls
94, 301
Imports
. thous. of bbls
5, 661
Consumption (run to stills). thous. of bbls..
72, 979
Refinery operation
per ct. of capacity __
79
Price, Kansas-Oklahoma ._ .dolls, per bbl__
1. 190
Oil wells completed
_ . number
961
MexicoProduction.
.
thous. of bbls
4, 596
Exports
thous of bbls
3, 910
VenezuelaProduction,
thous. of bbls
7,594
7, 582
Exports
thous of bbls
Gasoline:
ProductionRaw (at refineries)
thous. of bbls..
29, 332
Natural gas (at plants) ..thous. of bbls..
3, 469
Exports
thous. of bbls..
4,044
Consumption
thous. of bbls..
25, 71?
Stocks, end of monthRaw (at refineries)
thous. of bbls..
40, 210
Natural gas (at plants).. thous. of bbls._
832
PricesWholesale, New York.. .dolls, per gal_.
0.170
Retail, wagons, 50 cities. .dolls, per gal..
0. 150
Retail distribution, 41 States.thous. of gals.. 754, 020
Kerosene:
Production
thous. of bbls..
5, 033
4
Exports
thous of bbls
1, 903
Consumption
thous. of bbls..
3,234
7, 733
Stocks at refineries, end mo. thous. of bbls..
Retail distribution, 13 States.thous. of bbls..
33, 201
Price, 150° water white
dolls, per gal..
0. 069
Gas and fuel oils:
Production
thous. of bbls
33, 857
Consumption —
By vessels _
. thous. of bbls
4,275
By electric pow. plants. thous. of bbls..
532
4, 085
By railroads
thous. of bbls
29, 499
Stocks at refineries, end mo.thous. of bbls..
Price, Okla. 24-26, refineries.dolls. per bbl..
0.840
* Re^dsed.



75, 218

72, 526

75, 426

77,829':

78,780

* 78, 788

+ 3.2

-1.2

371,849

370, 751

369, 243

36S, 653 '

324, 378

* 333, 413

- ,2

+10.6

328, 556
43, 293

328, 094
42, 657

336, 314
42, 929

326, 399
42, 254 !

287, 833
36, 545

* 295, 383
38, 030

-2. 9
-1.6

+10. 5
+11.1

19, 170
93, 941
6, 766
77,311
80
1. 190
961

19, 197
94, 234
6, 553
75, 681
81
1. 190
1,05C

18, 215
95, 663
7, 878
80, 700
82
1.195
1, 096

18,310
95,057;
6, 141
81, 582 ,
83 i
1.210
1,217,

25,301
93,011
4, 824
71, 405
80
1.155
* 1,276

23, 262
93, 353
6,261
70, 957
79
1. 155
* 1, 132

+.5
-.6
-22.0
+1.1
+1. 2
+ 1. 3
+ 13.8

-21.3
+1.8
-1.9
+15.0
+5. 1
+4. 8
+10.2 ;

4,347
3, 065

4, 049
2, 808

4,040
3, 249

8,784
8,511

8, 339
8,231

9, 398
8,808

30, 825
3,474
6, 535
27, 355

30, 675
3,317
4. 614
29, 022

37, 336
809

4

;

5, 393
4, 197

9, 031
8, 933

5, 480
4, 426

5,291
4,488

32, 884
3, 410
5,108
31, 985

34, 037
3,421
4, 452
33, 148

28, 040
3, 119
3,097
29, 750

« 28, 008
3,214 ;
4,101 '
4
29, 762 j

+3. 5l +21. 5
+.3
+6.4
-12.8
+8.6
+3.6
+11.4

34, 393
648

30, 392
477

27, 197
414

39, 106
992

i 33, 492
846

-10.5;
-13.2!

-18.8
-51.1

0.170
0. 152
843, 84f

0.170
C. 153
861, 547

0.173
0. 156 |
945, 047

0. 180 !
0. 160 )

0. 190
0. 149
861, 547

0.175
0.146 |
894, 520

+2. 6!

+9. 6

5,243
4
2, 035
3, 383
7, 537
31, 624
0.074

4, 84S !
< 1, 632
2, 38f !
8,370

4, 994
* 1, 82f 1
3, 071
8,470

5,389
1, 653
3,261
8,922

+21.9 !
-1.0 i
+2. 8 !
+2. 6

6. 068 |

0. 072

4,420
1,669
4
3, 173
4
8, 694
37, 609 •
0.088 1

+7.9
-9.5
+5. 9
+5. 3

0.073

4,484
1. 360
2, 532
9,143
29, 845
0. 070

+5.9

+5.9

35, 620

35, 565

36,941

37, 449

33, 554

33, 975 :

+1.41

5, 013
483
4,093
32, 887
.763

4,307
49J3, 81£
36, OU
0. 71fe

4,101
553 |
4, 071 !
37,410
0. 67C 1

4, 564
600
37,961
0. 650

4, 077
474
3, 756
28, 890
0. 900

-3.9; +70.7 i
+1.4i +99.0 i
1

4

!

4,470 1
502 l l
3,921 j!
30, 346
0.87C ll

7,870

10, 450

!

5. 488
4, 548

5

39, 372
5 31, 558

5
5

31,005
22,428

+21.7
:

-21.3
—28.9

38, 468
30, 826

61, 540 : +67. 8
63,049 +104.5

216, 623
25, 167
29, 214
195, 573

241,652 +11.6
27, 163 : +7. 9
35,548! +21.7

i

! s 4, 791, 121 55,332,791 | +11.3
36, 851
12, 392
24, 152

40, 055 i +8. 7
14,746; +19.0
24,042
—.5

+10.2 1

260, 060

276, 718 | +6. 4

+11. 31 +2.1
+8.5 +19.5
+1.5 +25.1

32, 646
4, 621
5 27, 607

34,030 +4.2
4,405.' -4.7
528,074! +1.7
!

-3.6:

KCumulative through J uly 31.

I

-25.3

29
TREND OF BUSINESS MOVEMENTS—Continued
1928
The cutnulatives shown are through
August, except where otherwise noted.
Earlier data for items shown here may
be found on pages 28 to 137 of the
August, 1928, "Survey"

1

i

July

June

May

April

July

August

CUMULATIVE TOTAL !
FROM JANUARY 1
THROUGH AUGUST 31

PER CENT INCREASE (+) OR
DECREASE ( — )

1927

August

August, August,
1928,
1928,
from
from
July, August,
1928
1927

1928

1927

Per ct.
increase
(+)
or decrease
(-)
cumulative
1928
from
1927

FUELS— Continued
Petroleum — Continued
Lubricating oil:
Production
thous. of bbls__
Consumption
thous. of b bis. .
Stocks at refineries, end mo -thous. of bbls_.
Pnce cylinder oil
dolls per gal
Asphalt:
Production
thous. of short tons..
Stocks, end of month_thous. of short tons__
Imports
thous of short tons Coke:
Production
thous of short tons
Stocks, end of month_.thous. of short tons...
Wax:
Production
thous. of lbs__
Stocks, end of month
thous. of lbs._

3, 02fi
2, 362
8,018
0.221

3, 091
1,989
8, 060
0.228

3, 009
2, 143
7, 832
0. 220

2, 827
1,930
7, 667
0. 226

2,891
2,035
7, 711
0. 229

2, 672
1, 827
7, 496
0. 250

2, 752
2,004
7,491
0.251

274
274
6

331
262
13

332
271

329
251
11

316
226
13

335
214
10

340
192
12

109
342

118
348

118
344

127
385

136
402

90
306

57, 548
110,010

51, 072
103, 639

50, 792
91,989

45, 273
84, 476

54, 084
79, 136

47, 979
191,501

36, 114
37, 958
43, 701

43, 889
31,014
51, 061

4 40, 927
27, 764
53, 159

49, 186
31, 258
47, 128

32, 712

41, 938
37, 677
41, 209

227, 597
105, 357
48, 304
20,116
53, 820

212, 452
90, 198
42, 290
20, 664
59, 300

83, 242

68, 995

21, 578
64, 700

21, 828

long tons

245, 185
113,083
57, 174
19, 223
55, 700

thousands
thousands

4,645
9, 561

5,082
9,794

5,030
9,150

4,881
8,396

thousands
thousands

4,229
143

4,707
146

5,162
184

thousands

4,999
12, 500

5,382
13, 298

thousands
thousands

4, 196
86

thousands
thousands
thousands
thousands

+2.3
+5.4
+.0

23, 135 +10.7
15, 58C +7.5

20, 904
14, 502

+1.3
-4.0
-10.0
+18.2

+5.1
+1.6
+2 9
-8.8
-7.1
+17.7
+8.3

2,200

2,260

+2.7

110

65

-40.1

95
304

+7.1
+4.4

+43.2
+32.2

735

41,576
180, 645

+19.5
-6.3

+30. 1
-56. 2

384, 798

414, 020

+7.6

50, 535
32, 810 """+17
45, 706

-.3

5 350, 225
293, 444
5 328, 319

5 313,716
273, 894
s 334, 123

-10.4
-6.7
+1.8

918 +24. 9

RUBBER
Crude Rubber
World shipments plantation
Imports (including latex)
Consumption bv tire mfrs
World stocks, end of month:
World total
United States
"Europe

_

\float

long tons
long tons
thous. of lbs_
long tons
long tons..
Ion*7 tons

249, 995
98, 469
68, 226
24, 500
58, 800

255, 684
96, 148
69, 109
27 427
63^ 000

3,835
8, 522

4,334
8 070

5,811
121

4,316
180

4,666
144

5,222
12, 892

5,009
11,248

3,971
12, 028

4,871
11,023

4,631
100

5,254
105

6,469
83

5, 205
104

5,898
96

44
157

47
156

49
156

46
152

I

48
180

49
183

40
3

44

45
5

45
4

1
!

43
5

45
5

2,416
835
874
707
980
27.6

2,744
725
1,110
909
776
27.7

2,953 1
895
1,351
707
884
24. 5

3, 447
763
1,951
733
497
25.9

3, 330
712
2, 047
571
832

4,077
802
2,723
552
876
30.5

18, 575

21, 597

18, 763

17, 620

15, 907

18, 363

5 102, 583

8, 639
6,173
819
48, 892

8,897
7, 559
884
52, 387

9,166
9,022 1
864
50, 569

12, 070
7, 372
457
49, 679

9, 598
6, 936
949
41,056

10, 624
8,676
908
38, 849

5 53, 484
5 44, 204
5 5, 899

5

2,928

3,519

3,321

3, 168

2, 128

2,333

Ml,896

5 23, 742

1, 524
884 1
141
4,084

1, 855
894
120
4,558

1,977
948
41
4,687

1,897
808
55
5, 067

1,356
593 i
177
3, 564

1,768
849
119
3, 170

5,406
1,211 1
2,078
2,117
169
475

6,274
1, 352
2,666
2,255

6,12f
1,568
2 , 29 8
2,260
192
717

5,477 !
1, 622

5, 863
1, 778
1, 934
2,151

-17.1

-28.2

+1.2

-20.4

Tires and Tubes
Pneumatic tires:
Production
Stocks end of month
Shipments —
Domestic
Export
Inner tubes:
Production
ShipmentsDomestic
Export
Solid and cushion:
Production
Stocks end of month
ShipmentsDomestic
Exports

1

!

!
!
|_ __

s 30, 176

5 33, 576 +11.3

s 27 822
5 1^281

5 531, 623 +13.7
1, 033 -19.4

532,435

5 35, 301

+8.8

5 32, 124
5685

5 33, 221
5643

+3.4
-6.1

5386

5304

-21.2

5 322
343

5 2S2 -12.4
5 >,~
-37.2

l
!

Other Rubber Products
Rubber-proofed fabrics:
ProductionTotal
•
thous of vds
\uto fabrics
thous of yds
Raincoat fabrics __
.thous. of vds_
All other
thous. of yds
New orders, auto fabrics
thous. of yds__
Production, relative to capacity.-per cent..
Rubber heels:
Production
thous. of pairs. .
Shipments —
To shoe manufacturers -thous. of pairs. .
To repair trade
thous of pairs
For export
thous. of pairs
Stocks, end of month
thous. of pairs, _
Rubber soles:
Production
thous. of pairs.- _
Shipments —
To shoe manufacturers -thous. of pairs. _
To repair trade
thous. of pairs
For export
thous. of pairs__
Stocks, end of month
thous. of pairs. .
Mechanical rubber goods:
Shipments —
Total
thous. of dolls
Belting
thous. of dolls. _
Hose
thous of dolls
All other
thous. of dolls. .
Rubber bands, shipments
thous. of Ibs
Rubber flooring, shipments __.thous. of sq. f t _ .




4

Revised.

661

2, 598
1,251

I

:

173

193
6

2,011

1,845

5 18,304
3 5, 669
11,902
4,008
5 5, 844

+33. 21 -4. 6
+70.7 +126.6

i

i
'

5 8, 262
3, 054
5551

5

5 19, 165
5
5, 380
11,013
6, 621
5
5, 766
5

136, 001 | +32.6
5

70, 443 +31.7
52, 601 +19. 0
6, 113 +3.6

5

5

Cumulative through July 31.

+99. 6

13, 275 +60. 7
6, 532 +113.9
5
1, 843 +234. 5
5

"II

+11 6

+4.7
-5.1
-7.5
+65.2
-1.3

30
TREND OF BUSINESS MOVEMENTS—Continued
j

1928

The cumulatives shown are through
August, except where otherwise noted.
Earlier data for items shown here may
be found on pages 28 to 137 of the
August, 1928, "Survey"

PEE, CENT INCREASE (+) OR
DECREASE ( — )

1937

I

April

May

June

July

45, 443
2,836
26, 101
8,182
5,428

61,288
4,387
36,913
10, 082
6,016

58, 091
4,457
34, 168
8,383
7,323

50, 175
4,134
28, 193
7,873
6,171

228, 037
190, 492
22, 687
14, 858

241, 264
197, 775
25, 961
17, 528

244, 746
196, 561
29, 159
19, 026

239, 877
194, 668
25, 551
19, 658

.256
.295

.246
.295

623
438
3,446
918

723
473
3, 804
1,015

96
222
16

123
219
17

July

August

August

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH AUGUST 31

August J August,
1928,
1928,
from ! from
July, i August,
1928
1927

1927

1928

Perct.
increase
j
(+)
or decrease
(-)
cumulative
1928
from
1927
!

:

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 lbs._
Stocks, end of month:
Total hides and skins
thous. of Ibs
Cattle hides
thous. of Ibs..
Calf and kip skins .
thous. of Ibs..
Sheep and lamb skins
thous. of Ibs..
Prices:
Green salted, packers' heavy
native steers
dolls, per lb_.
Calfskins, country No. 1
dolls, per lb__
Inspected slaughter of livestock:
United States—
Cattle
- __ thous. of animals. .
Calves
thous. of animals. .
Swine
thous of animals
Sheep
thous. of animals. .
Canada—
Cattle and calves thous. of animals. _
Swine
thous of animals
Sheep
thous. of animals. .

|

.224 !
.266
706
398
4,078
1,109
99
205
25 1

47,056
4,053
26,540
7,951
6,773

!
1
!
j

37, 299
4,025
20, 506
5,770
4,654

55, 397
5,544
33, 495
6,973
6,245

232, 103
172,008
38, 441
21,654

239, 049
180, 700
36,321 i
22, 028

!

-6.2 -15.1
-2.0
-26.9
-5.9 i -20.8
+1.0 : +14.0
+9.8 \ +8.5

290,616
29,070
145, 190
57,198
41, 186

380,372
29,156
215, 873
63,734
45, 945

-r30. 9
+.3
+48. 7
+11.4
+11.6

-1.3 +9.8
-1.1 +29.7

.239
.278

.236 !
.275

.219
.226

.215
.212

662
362
2,984
1,076

717
369 i
2,545 j
1,196

743
355
3,431
1,014

838
389
3,050
1,168

+8.3
+1.9
-14.7
+11.2

-14.4
-5.1
-16.6
+2.4

6,154
3,321
29, 576
8,340
722
1,656
215

731
1,716 i
226 i

+1.2
+3.6
+5. 1

10, 678
176, 347

10,885 i
5 171,691 ;

+1.9
-2.6

6, 660

6,780 |;

+1.8

100
164
45

105
140
62

89
148
33

109
161
59

+5.0
-14.6
+37. 8

-3.7
-13.0
+5.1

1,459

1,356
25, 576

1,393
26, 040

+1.6

+4.7

88, 489
65, 746
820
.51

84, 753
63, 571
753 +87.6
.53 [
0.0

+32.3
+26.4

5,473
—11.1
3,204
-3.5
33,256
+12.4
8,529 | +2.3

Leather
Sole and belting leather:
Production —
Sole only.. thous. of backs, bends, sides. . 1,358
Sole and belting
thous. of lbs_. 24, 761
Stocks, end of month—In process of tanning
thous. of lbs_. 89, 181
Finished
thous. of Ibs.. ! 57, 335
753
Exports
thous. of lbs._ !
.66
Price oak, scoured backs
dolls, per lb._ ;
Upper leather:
Production
thous. of SQ. ft . ' 63, 730
Stocks, end of month—
In process of tanning thous. of SQ. ft__ 140, 713
Finished
thous. of sq. ft_. ! 253, 557
10, 846
Exports
thous. of sq. ft._
.60
Price, chrome calf B grade dolls, per sq. ft._ '

1,407
25, 140

1,399
24, 971

< 1, 436
25, 070

90, 734
59, 614
650
.67

91,781
63, 921
538
.68

90, 949
69, 557
531
.67

i
996 i
.67

62, 074

66, 047

66, 464

60, 224

72, 095

141, 068
255, 397
11,400
.60

143, 099
262, 667
8,949
.53

147,443
254, 563
8,403 !
.57

150,216
248, 819
11,755
.51

148, 821
245, 995
10, 576
.51

4 26, 427
409

< 27, 284
318

27, 843
344

6. 75

6. 75

5.00

5.00

4. 15
224, 636

149, 652
133, 702
173, 174
18, 549

156, 258
143, 015
186, 377
24, 024

210, 780
211,400
43, 872
80, 592
2.53

Leather Products
Shoes:
Production
thous. of pairs.. ! 4 26, 629
394
Exports
thous. of pairs. .
Wholesale pricesMen's black calf
6.75
bucher, Mass
dolls, per pair.. !
Men's dress welt, tan
5.00
calf, St. Louis
dolls, per pair .
Women's black kid, dress
4. 15
welt, lace, oxford
dolls, per pair..
Gloves, cut
dozen pairs.. i 210, 420

,
9, 000
.57

5

s 459, 267

+7.1
0.0

-14.9
+11.8

94,543

M73,284 ; +3.1

93,994 i

-.5

j.
331

775
456

35 061
337

-3.8

6.75

6. 75

6.40

6.40

0.0

5.00

5.00

5.00

5.00

0.0

0.0

4. 15
228, 039

4.15
202, 051

4.15

4.00
213, 773

4.00
241, 652

0.0

+3.8

133, 854
135, 917
184, 314
20, 528

112, 403
125, 618
171,098
14, 553

1 16, 680
139, 757
148, 022
17, 233

108, 322
127, 623
218, 795
13, 344

102, 995
136, 569
185,222
18, 597

222, 924
217, 456
214, 068
225, 710
42, 120 ( 45, 870
90, 736 ! 122, 474
2. 53
2.53

221, 666 1 198, 988
200, 654
204, 512
221, 212 ! 198, 068
40, 278
42, 580 ' 43, 470
117,734
129, 910
120, 643
2.60
2.53
2.53 !

220, 138
220, 162
40, 254
113,948
2.60

+ 10.5
+8.2
+2.1
-7. 1
0.0

126, 010
84
203,811
186, 641

119, 673
83
192, 391
170,892

110,313

115, 940 \

118, 929

127, 065

+5.1

184, 199
152, 763

200, 656

1

162, 449
157,325

180, 116
154, 167

+8.9

122, 540
203, 836
181,913

116, 901
190, 936
163, 807

109, 611 !
181, 834
174, 667 ;

114, 539 i 119, 686
159, 843
196, 894
173, 872 | 159, 687

123, 926
180, 666
167, 475

+4.5
+8.3
-0.5

-7.6 i 1,003,087
+9.0 i 1,322,931
+3.8 j 1,273,657

919, 673
1, 532. 240
1, 380, 777

-8.3
+15.8
+8.4

194, 298

174, 031

167, 456

179, 334

163, 115

+7.1

+9.9 I 1,204,556

1, 412, 170

+17. 2

i

27

s 192, 849
4,012

-1.8

5 196,322 j i +1.8
2,958 |; -26.3

+5.5

5

1, 490, 250 M,461, 175

-2.0

+3.7 + 13.3
+2.3
+11.3
-13.5 -20.1
+ 18.4 -7.3

1, 105, 575
1, 121, 073

1, 087, 302
1, 098, 583

— 1.7
-2. 0

142, 736

158, 244

+ 10.9

+0.7
+0.5
+0.8
+5.9
-2.7

1, 739, 420
1, 736, 062

1, 721, 098
1, 725, 328

-1.1
-0.6

882, 410

914, 023

+3.6

-8.8

1,021,037

941, 251

-7.8

+11.4 | 1,340,234 1, 548, 221

+15. 5

PAPER AND PRINTING
i
Wood Pulp
Mechanical:
Production
short tons
Consumption and shipments..-short tons.
Stocks, end month
short tons
Imports
short tons !
Chemical:
Production
short tons
Consumption and shipments.-.short tons. .:
Stocks, end of month
short tons.
Imports
short tons
Price sulphite
dolls, per 100 Ibs.

Newsprint Paper
Production:
United States, total -._
._ .short tons- J 117,553
84
Ratio to capacity
per cent
192, 645
Canada
short tons
181, 112
Consumption by publishers
short tons
Shipments:
United States
short tons. .:; 118,453
Canada.
_ . _ __
short tons. _ 193,443
Imports
short tons .; 163,179
Exports:
Canada
,
short tons. J 140,011
Stocks, end of month.
At mills33,73'I
United States
short tons J
46,64 LI
Canada..
_
short tons.
188, 38-1
At publishers
short tons
43,36,J
In transit to publishers
short tons
3.2,5
Price, roll. f. o. b. mill
dolls, per 100 Ibs..i
Revised.



37, 20 1
46,29 )
184, 583
46, 62 1
3.2 5

39, 97?
47, 937
186, 30'r
42, 76"
3.2i)1

40,38 51
48,27 0
199, 214
44, 26 6 _
3.2 5.

;

140,543

40, 83£ !
52, 10£
!
3. 2i> ' i
5

27, 764 !
32, 282
205, 967
40, 47e
3.2£

30, 335
+1.1 +34.6
31, 743
+8.C +64. 2
231, 992
40, 916 L._
Li -.
o.o! o.o
3.25 1

Cumulative through July 31.

31
TREND OF BUSINESS MOVEMENTS—Continued
1928

The cumulatives shown are through
August, except where otherwise noted.
Earlier data for items shown here may
be found on pages 28 to 137 of the
August, 1928, "Survey"

PER CENT INCREASE (+) OR
DECREASE (— )

1927

1

August, jAugust,
1928,
1928,
from
from
July, \ugust,
1928
1927

i

April

May

July

June

August

July

August

Per ct.
CUMULATIVE TOTAL
inFROM JANUARY 1
crease
THROUGH AUGUST 31 ||
| or decrease
cumulative
1928
from
1927

1928

1927

PAPER AND PRINTING— Continued
Printing
Book publication:
American manufacture
no. of titles
Imported
no. of titles
Sales books:
New orders
thous. of books..
Shipments
thous, of books. .
Printing activity
weighted index number
Blank forms, new orders *
thous. of sets..
Cash checks, shipments *
thous. of checks..
Box Board
Operation
thous. of inch hours..
Operation
per ct of capacity
Production _
_ _ .short tons..
New orders
short tons
Unfilled orders, end of month..
short tons..
Consumption of waste paper
short tons_.
Shipments
short tons
Stocks, end of month... .
...short tons. _
Stocks of waste paper, end of month:
On hand.
_ short tons..
In transit and unshipped purchases-tons..

!

697
123

5991

745
113

555
128!

11, 796
11,807
111
40, 880
71,715

12, 162
11, 645!
Ill
48, 024
80, 116:

12, 711
13. 100
96
53, 774
94, 668

12, 098
9,986
99
48, 963
70, 710,

8, 312
79.4
221, 079
211, 304
84, 513
211, 898
220, 315
40, 319

8, 734:
80.2
242, 394;:
224, 366
73, 157
220, 750
235, 794
49, 107!

8,200
75.3
228, 646
228, 252
77, 782
204, 468
223, 901
53, 560

132, 621
47, 551

127, 217
46, 375

130, 484
43, 480

Other Paper
3,450
Binder's board, production
short tons
Book paper:
125, 191
Production
._
short tons.
91
Ratio to capacity
per cent
117,304
Shipments _
.
short tons _
81, 105
Stocks end of month
short tons
New orders —
97
Coated
p. ct. of normal production..
84
Uncoated p ct of normal production
Unfilled orders, end of month12
Coated
p. ct. of normal production. .
9
Uncoated. .p. ct. of normal production. .
Wrapping paper:
91, 744
Production
short tons
86
Ratio to capacity
_.
percent.
89, 542
Shipments
short tons
93, 975
Stocks, end of month
. short tons..
Fine paper:
40, 288
Production
short tons. .
92
Ratio to capacity
.per cent
37, 548
Shipments
short tons
53, 741
Stocks, end of month ._
short tons. .
All other grades:
99, 266
Production
short tons..
97, 858
Shipments
short tons
69, 798
Stocks, end of month _
short tons .
Total paper (inc. newsprint and box board):
695, 116
Production
short tons
85
Ratio to capacity. __ .. ..percent..
Shipments
short tons . _ 681, 020
Stocks, end of month
...short tons . 372, 672
Paper-Board Shipping Boxes
Production:
Total
thous. of sq. ft
Corrugated
thous. of sq. f t _ .
Solid
fiber
thous. of sq. ft
Operating activity:
Total
per cent of normal. .
Corrugated
. _ per cent of normal
Solid fiber . . .per cent of normal
Other Paper Products
Rope paper sacks, shipments _ . rel. to 1921-22. _
Abrasive paper and cloth:
Domestic sales
.
reams _
Foreign sales
reams

4

12, 538:
13, 738|
58, 108:
68, 482:

723
105

626
129

12, 231
8,870
90
31, 237
77,741;

12, 739
13, 446!
93!
33, 838
74, 469

+3.6
+37.6

4

4

7, 992
76. 3!
201, 153
209, 976
79, 492
4
190, 810
4
203,
741
4
49, 969

9, 102
80. 5j
240, 787
240, 064
75,956
219, 012
243, 064!
48, 055;

7, 443
71.1
190, 406
213, 649
109, 616
182, 283
194, 285
49, 307

4

118, 507!
47, 969!

150, 709
51, 255

4

4
4

132, 265
62, 056

4

4
4
4
4
4

4

s 4, 904
5789

5 4, 610 -6.0
5905 +14.7

-1.6
+2.2

96, 674
91, 867

99, 156
95,825

+18.7
-3.2

+71.7
-8.0

261,073
611, 966

8, 878
4
78. 51
232, 5871
227, 978
106, 076
227, 907!
229, 722 1
4
52, 071

+13.9
+5.5
+19.7
+14.3
-4.4
+14.7
+19.3
-3.8

+2.5
+2 5
+3.5
+5.3
-28.4
-3.9
+5.8

128, 818
70, 035|

-10.4
-22.7

-8.0
—31.5

4

n <-r

+2.6
+4.3

370,3151 +41. 8
605, 329
-1.1

67, 154

+5.9

1, 626, 228! 1, 777, 147
1, 655, 130 1, 778, 294

63, 415

+9.3
+7.5

1, 555, 785
1, 630, 003

+5.4
+8.6

1, 640, 297
1, 770, 897

3,720

2,705

2,153

3, 092

2,218

2,112

+43.6

+46.4

130, 199
90i
124, 861
86, 782

122, 387
84
120, 551
89, 385

117, 492
80
118,314
88, 491

130, 4161
89!
133, 024
85, 836

100, 879

112, 984

+15.4

893, 913

100, 677
73, 543

111,176
75, 749

+11.0
+11.3
+12.4
-3.0

+19.7
+13.3

884, 214

998, 024 +12.9

74
77

75
73

11

77

79
77

70
76

111
7

9
7

10
8

8

9
8

8

97, 793
87
94, 761
96, 802

90, 577
84
89, 309
98, 344

88, 477
86
97, 228
92, 467

99, 965
89
99, 565
92, 872

85, 305

94, 193

82, 490
76, 796

92, 215
78, 626

20, 348

25, 675 +26.2
1,008,705

0.0

+10.0

-20. 0

+14. 3

+ 13.0
+3.5
+5.7
+0.4

+6.1

722, 322

759, 646

+8.0
+18. 1

701, 848

750, 132

+12.8

+5.2
+6.9
j

40, 904
87
40, 863
53, 791

38, 225
84
38, 875
53, 155

33, 984
80
34, 562
53, 156

39, 331
84
38, 938
53, 535

33, 360

37, 098

295, 773

311,472|

+5.3

35, 688
50, 199

+15.7
+5.0
+12.7
+0.7

+6.0

35, 729
48, 801

+9.1
+6.6

297, 535

308, 082

+3.5

107, 475
105, 705
71, 569

104, 725
104, 977
71, 006

95, 454
96, 042
70, 575

111,003
109, 406
'72,475

90, 382
90, 583
72, 738

103, 623
102, 358
74, 302

+16.3
+13.9
+2. 7

+7.1
+6.9
-2.5!l

797, 212
791, 019

820, 114
812, 519 i

+2.9
+2.7

744, 775
83
724, 524
395, 258

704, 413
82
694, 514
405, 429

646, 863

737, 442
78
738, 535
393, 611

619, 261

707, 551

5, 356, 486

5, 618, 497

+4.9

623, 450
348, 949

695, 085
4
361, 282

+14.0
+1.3
+12.5
-0.6

+4.2

656, 498
396, 044

+6.3
+8.9

5, 307, 706

5, 559, 326

+4.7

405, 319
327, 815
78, 845

402, 956
323, 493
79, 463

423, 282
341, 291
81, 991

404, 520
335, 732
68, 788

441, 792
364, 756
77, 036

383, 565
308, 585
74, 980

400, 806
317, 529
83, 277

+9.2
+8.6
+12.0

+10.2
+14.9
-7.5

3, 169, 080
2, 534, 123
634, 957

3, 253, 035
2, 595, 632
608, 744

+2.6
+2.4
-4.1

74

72
69
80

76
74
83

72
71
75

79
77
84

68
69
66

72
76
82

+9.7
+8.5
+12.0 |

+9.7
+1.3
+2.4

80
92

87

83

89

81, 782
19,634

94, 309
18,944

88, 569
18, 829

81,689
17,657

99, 723
17,871

77, 65f
16,522

89, 622
13, 584

+22.1
+1.2

+11.3
+31. 6

678, 45C
127,420

148, 496
5, 561

156, 363
5, 212

151, 982
4,378

4,060

7,712

150, 492
4,013

146, 345
8,347

+90.0

-7.6

38, 90S

+0.6
0.0
O.C
O.C
+1.C

-5.9
-3.7
-0.5
+1.5
+0.5
-3.1

707, 417 +4.3
146, 774 + 15.2

BUILDING CONSTRUCTION AND
HOUSING
Real estate conveyances (41 cities) number..
Rental advertisements, Minneapolis. number..

Building Costs
Building materials:
Frame house, 6-room .
..rel. to 1913
179
Brick house, 6-room
rel. to 1913. .
184
Concrete factory costs (Aberthaw)^rel. to 1914..
191
Building costs (Enq. News Record) .rel. to 1913. .
207
Building costs (A. G. C.)
rel. to 1913..
197
Plumbing fixtures, 6 pieces
dollars..
100. 76
Construction costs (Am. Appraisal):
Frame
rel. to 1913
203
Brick, wood frame. ...
rel. to 1913. .
212
Brick, steel frame
rel. to 1913..
197
Reinforced concrete
rel. to 1913..
200
4
Revised.



35, 681

I
i
177
183
191
206
197
101. 11
203
212
197
200

100. 9C

175
181
191
207
198
100. 09 j

176
181
191
207
200
101. 20

190
189
192
206
199
103. 17

187
188
192
204
199
104. 39

20C
212
198
201 I

204
213
198
201

204
213 i
198 ;
201i

205
214
197
200

205
214
197
200

176
181
191
207

+1.1
o.c
o.c
o.c
o.c

5 Cumulative through July 31.

-O.E
-O.E
+0.5
+0.5

-8.3

32

TREND OF BUSINESS MOVEMENTS—Continued

The cumulatives shown are through
August, except where otherwise noted.
Earlier data for items shown here may
be found on pages 28 to 137 of the
August, 1928, "Survey"

PEE CENT INCUMULATIVE TOT \L
CREASE (+) OR '
FROM JANUARY 1
DECREASE (— ) , THROUGH AUGUST .'U

1927

1928
j

April

May

June

July

August

July

August |

August,' August,
1928, 1 1928,
from | from ,
Julv, i August,
1928 i 19i'7

19*27

192S

Per f t .

(

jn_
crO'1^0
(_jT)
or detiease
i <->
cumulatue
1928
fn m

j

l'JL'7

BUILDING CONSTRUCTION AND
HOUSING-Continued
Contracts and Losses
Contracts awarded (36 States):
Commercial buildings , _ _ thous. of sq. f t _ _
Industrial buildings
thous. of sq. f t _ .
Residential buildings
thous. of sq. ft._
Educational buildings
thous. of sq. f t _ _
Other public and semipublic buildings
thous. of sq. f t _ _
Grand total
thous of sq ft
Contracts awarded, value (36 States):
Commercial buildings
thous. of dolls. _
Industrial buildings
thous. of dolls _.
Residential buildings
thous. of dolls__
Educational buildings
thous. of dolls..
Other public and semipublic buildings
thous. of dolls _ _
Public works and utilities.. thous. of dolls..
Grand total
thous. of dolls .
Contracts awarded, Canada
thous. of dolls, .
Building volume (A G C )
rel to 1913
Fire losses:
United States and Canada
(Journal of Commerce)
thous. of dolls...
Canada (Monetary Times),. thous. of dolls. .

-28.9 +10.1
+37. 61 +46. 4
-0.5
+8.9
-3.0;
-6.3

94, 066
46,310
310,874
36, 787

101,716; +8 1
58.875! +27.1
384,564 +23.7
41,6731. +13.3

51,374
546, 321

47, 3bb
-7. 8
610,976 J-17 3

-38.6! -22.4
+32. 5: +3. 2
-6.2
+2.9
-5.0 -16.4

635, 329
300, 051
1, 646, 462
257, 629

5<)5,947 -6 2
3"9, 127 +19 S
l,i>14, VIS +!(> *
2t»4,9Ul | -|-2 h

61,95ll
117, 053 i
534,639:
29,881;
238;

-9. 7 ! -26.6
-13.7! -2.0
— 11.4!
—6.5
+2. 8! +32. 0

456, 655
823, 156
4,121,294
272, 086

3(>~>. 170 - 20 0
8I>3 O')s +1 b
4, 3S1, ~H>
-M) ,i
354. ()<>(, ,-22 S

34, 300 ;
1,561!

+3.6 -48.3 ;
+58. 0; +50. 9 !

235, 468
J 5, 844

209,879 — J O 9
17,437. +10.1

13, 896
10, 834
55, 281
5,071

14, 316
6,020
56, 655
6,960

13, 982
10, 523
52, 030
6, 978

16, 835
6, 214
43, 093
5, 586

11,974!
8, 548!
42, 859
5,418

12, 485
5, 484
34, 803
5,207

10, 880
5,839;
39, 354
5, 784

5,941
91, 222

6,063
91, 693

7, 192!
90,97ll

6, 605
78,778

6, 392
78, 638

6,465
65, 182

7,310
69,863;

80, 514
83, 208
269, 325
31,829

87, 162
31,627
280, 292
46, 073

90, 914
57, 464
250, 818
43,787

93, 144
31, 193
221, 345
35,315

57, 178!
41,318'
207,521
33, 559

81, 130
29, 043
180, 840
35, 006

73, 698
40,047:
201,743^
40, 144:

45, 900
113,746
624, 523
56, 346
164

33, 503
144, 738
641, 395
70, 684
185

56, 605
124, 636
624, 224
59,926!
244:

50, 380
132, 853
564, 229
38,360
237

45, 470
114,714
499, 760
39, 449
239

52, 326
135,581
513,926
50, 881
221

25, 981
2,101

23, 202
2, 860

11, 1231
1,909|

17, 106
3,491

17,724
2,356

24, 249
1,462

-3. 2: -12.6 !
—0.2| +12.6

+0.8;

+0.4

LUMBER PRODUCTS
Softwood Lumber
Southern pine:
Production (computed)

+4.8|
413, 634
440, 306
404, 679 ! 405,937
455, 796
425, 493
421,911
M ft. b. in
-1.1
99
98
88
99
87
+7.71
489, 100
473,029!
399, 064
416,006
435,223
468, 672
447, 083
Shipments (computed)
M ft. b. m _ _
420, 169
406, 470
434, 061
487, 599 + 10.4!
388,511
464, 896
479, 370
New orders (computed)
M ft. b. m_.
-4. l|
Stocks, end of mo. (computed). M ft. b. m__ 1, 160, 433 1,101,740 1,090,126 1,063,109 1, 019, 050 1, 255, 002 1, 220, 663
+1.0i
349, 362
399, 489
323, 985
335, 836
328, 561
339, 038
283, 243
Unfilled orders, end mo. (com.)*M ft. b. m__
-39.3J
21,081
19,
851
12,
933
12,
302
8,254
13,771
7,465
Exports, timber
M ft. b. m.
75, 054
72, 334
54,313
62,094
53, 952
66, 790 -30.3!
43, 287
Exports, lumber
M ft. b. m_.
+0.5
35.88
37.68
36. 40
36. 16
36.34
38.31
35.74
Price,
flooring
dolls, per M ft. b. m__
Douglas fir:
+5.2
468,
240
490,
175
480,
326
451,
417
529,
120
474,
955
520,
615
Production (computed)
M ft. b. m_.
+6.3!
521, 958
583, 733
484, 803
499, 575
558, 217
515, 243
549, 264
Shipments (computed)
M ft. b. m
+11.
4i
519,
719
489,
727
620,
888
508,976
453,467
504,
947
583,
733
New orders (computed)
M ft. b. m._
+9. 3|
65, 121
52, 837
71, 427
85, 174
54, 181
59, 236
58, 862
Exports, lumber
M ft b. m
-10.2!
43,
142
45,
471
48,
864
58,
441
60,
797
43,
226
40,
837
Exports, timber
M ft. b. m._
+4. 5j
16.51
16.51
16.70
16. 68
16. 99
17.75
15.99
Price, No. 1 common. dolls, per M ft. b. m_.
Price, flooring, 1 x 4 , "B" and
+2. 9
34.47
35.83
35. 15
36. 13
35.88
37.19
33.97
better, V. G
dolls, per M ft. b. m..
-25.3^
516, 714
429, 688
456, 601 341, 108
468, 492
Unfilled orders end of month.. M ft. b. m..
California redwood:
53, 977 +36.7
35, 177
41, 137
36, 190
30, 092
41, 400
38, 489
Production (computed)
M ft. b. m..
53, 022 +48.5!
36, 055
47, 772
38, 825
29, 615
43, 983
38, 820
Shipments (computed)
M ft. b. m..
42,
373 +20.0
35,
147
38,022
31,620
39,
855
36,
741
49,
351
New orders (computed)
M ft. b. m..
-7. 8
56, 495
68, 290
46, 519
48, 910
47, 916
45, 093
47, 281
Unfilled orders, end mo. (com.)*M ft. b. m _ California white pine:*
142, 196 +17.4!
125, 098
133, 064 4 123, 923
145, 491
97, 096
134, 273
Production
„
M ft. b. m_.
107, 248 +12.21
96, 305
107, 019
105, 482
98, 924
107, 267
118,310
Shipments
M ft. b. m
+2.1
603, 451
567, 809
516, 764
477,079
506,119
493, 696
473, 560
Stocks end of month
JVi ft b in
+6.6
86, 322
102, 805
89, 802
96, 433
81, 275
102, 659
83, 965
New orders
_.M ft. b. m_.
— 5 3^
181 262
182, 648
183, 610
190, 185
180, 014 1
167, 582
164, 921
Unfilled orders, end of month. _M ft. b. m _ i
North Carolina pine:
+2.2I
53, 781
50, 190
57,904'
44,471 !
45, 437
57, 155
60, 039
Production (computed)
M ft. b. m _ _
+.4i
52, 934
48, 727
59, 528 4 48, 433
48, 643
62, 125
62, 978
Shipments (computed)
M ft. b. m _ _
36, 260 +14.7!
35, 910
59, 360
43, 190
49, 560
New orders __
M ft. b. m
55, 790
64,610
Northern pine:
;
Lumber+9.5
51, 054
46, 359
51, 756
52, 384
57, 335
36,412
45, 687
Production
M ft. b. m_.
-1. 11
42, 501
40, 433
47, 755
47, 243
48, 300
44, 152
37, 914
Shipments
M ft. b. m _ _
-. 9,
36, 884
39, 203
41, 435
35, 974
47, 018
41, 820
35, 926
New orders
M ft. b. m..
Lath—8.6:
14, 272
13, 090
11,706
13,47C
12, 318 1
6,184
9,967
Production
M ft. b. m
15, 612 +14.0
15, 229
11, 099
11,151,
9,734
9, 316
5,927
Shipments
M ft b m
Northern hemlock:
!
15, 395
21, 369 ....
18, 4261
16, 34£
22, 004
14, 871
Production
IV! ft b m
22, 093
|
21, 324
22, 343:
18, 92C • _ _
16, 153
20, 410
Shipments.
M ft. b. m._
1
Hardwood Lumber
Walnut lumber:
Production
M ft. b. m._
Shipments
M ft. b. m__
Stocks, end of month
M ft. b. m__
New orders
M ft. b. m._
Unfilled orders, end of month. _M ft. b. m..
Walnut logs:
Purchased
M ft. log measure _ !
Made into lumber and
veneer
IVI ft lo01 measure
StnrVlrs And nf rnrmt.h TVT ft, Intr mf>nsnrp




4

Revised.

-6.6 i 3,418,193

3,401,914

-0.5

-0.9 3, 373, 985
+1.3 3, 469, 778
-16.5
+3.2
122, 223
-9.6 :
-35.2
518, 053
-3.6

3,581,60L
3,607,013

+6.2
+4.0

117,755!
468,570;.

-3.7
-9.6

-10.2 3, 956, 311 ! 3,808, 142;
-1.3 4,095,9791 4,048,589
-2.8 4,135,371 4,178,793
-9. 0 ;
442,863
517,545
-16.4
345,405
323,402
+7. 5

-3.7
-1.2
+1.1
+16.9
-6.4

+3. 8
-23.8
-17.0
—5.9
-20. 2

312, 875
356, 037 i
374, 972

321, 248 +2. 7
311,7b3 —12.4
316,907 —15.5

+2.3
+10.3
-14.4
+19.1
— 7

688, 748
738, 762

795,005 +15.4
805, 400 +9. u

695, 254

713, 62'j

-15. 5|
-8.1!
+36.7

402, 76C
406, 63C
317,180

403, 865
+. 3
420, 349 +3. 4
414,650 +30.7

+12. 3'
+12.4
+12. 3

341,325 i
315,813
295, 623

34^ 3(,s
329, 873
310,202

-f. 9
+4. 5
+4.9

-13.7
-28. 9,,

87,26f I
90,83t i

71,835
(57, 729

-17.7
—25. 4

114, 523
108, uSf.

-7. 8
-24. 9

1
|

5122.8CT 1
144, OOf I

5

5
5

+2.6

1

2, 955
2,646
13, 635
2, 652
4,491

2,894
3,388
13, 264
4,180
5,540

3, 422i
3, 000
13, 530:
2, 538
5, 216

2, 52r
2, 74^
13, IK >
2, 731
5, 08£\

2, 931
2, 863
13, 166
2, 990
5, 270

2,967
2,661
11,436 1
3,060
8,249

3,314
3, 127
11,498
2, 461
7, 522

+16.0
+4. 4
+.4
+9. 5
+3. 6,

-11. C
-8. 4
+14.^
+21. £
-29. fe

23, 014
23, 63] !

23, 645
23, 730

+2. 7
+. 4

24, IK

23, 361

-3. 1

2, 402

2,972

2, 519

2, 63C5

2, 736

3,083

3,308

+3. 9

-17.2

22,716,

19,836; -12.7

2,678
2.806

2,769
3. 009

2, 670
2. 752

2, 52"7
2. 99(>,

2, 579 '
3. 058

2, 583
3.316 i

2, 937
3. 687

+2.1;

-12.2

20,242:

20,060!

s Cumulative through Juiy 31.

i

+2. r -i7.i

" See table on page 48 of the September, 1928, issue for earlier data.

-.9

33
TREND OF BUSINESS MOVEMENTS—Continued
1928
The cumulatives shown are through
August, except where otherwise noted.
Earlier data for items shown here may
be found on pages 28 to 137 of the
August, 1928, "Survey "

CUMULATIVE TOTAL
PER CENT INFROM JANUARY 1
CREASE (+) OR
DECREASE (— ) \ THROUGH AUGUST 31

19 27

f

May

April

June

August

July

August

July

August, August,
1928,
1928,
from
from
July, August,
1927
1928

Perct.
increase
(+)
ur decrease
(-)
i cumui lative
: 1928
; from
: 1927

1927

1928

5249,959!
5 201, 427
1
60, 574]
63, 406!

5 247, 651
5 192, 059 !

LUMBER PRODUCTS-Continued
Hardwood Lumber—Continued
Northern hardwoods:
Production
M ft h m
Shipments
M! ft b m
Lower Michigan hardwoods:
Production
M ft. b. m._
Shipments..
M ft. b. m_.
Stocks end of month
Tvl ft b m
Gum:
Stocks total end of month
1VI ft b m
Stocks, unsold, end of month.. M ft. b. m._
Unfilled orders, end of month. _M ft. b. m_.
Oak:
Stocks total end of month'
1VI ft b m
Stocks unsold end of month ]VT ft b m
Unfilled orders, end of month. _M ft. b. m._
All hardwoods:
Production
Mill ft b m
Shipments
_.
Mill. ft. b. m _ _
New orders
Mill ft b m
Stocks total end month
M^ill ft b m
Stocks unsold 6nd month IVlill ft b m
Unfilled orders, end month.. Mill. ft. b. m..

38, 404
28, 491

33, 193
28, 827

28, 705
28, 498

23, 673
26, 194

8,625
6,548
30, 925

9,116
7,277
29, 784

7,049
6,683
23, 616

5,438
7,252
20, 605

547
428
148

540
420
150

555
424
156

1,020

871
165

1,005
844
179

252
251
263
2,839
2,319
620

244
255
244
2,843
2,305
640

21, 879
28, 347

27, 077
29, 750

6,006
8,552
43, 046

4,893
7,507
40, 552

542
419
151

414
320
120

427
329
128

1,000
854
164

974
809
182

886
694
211

939
737|
221

236
248
263
2,817
2,289
620

244
263
262
2,786
2,225
652

315
274
266
2,465
1,949
606

386!
296
319!
2,557
2,014
638

5,502
7,349
23, 509

+1.2
+1.3

+12.4
-2.1

j—"

62, 045 ! +2.4
56, 875 -10.3

1

5 2, 126
2, 240
2, 251

s
5

-.9
4 7

;

5
5
5

; -13.7

1, 835
1, 842 1
17 8
1,913 -15.0

Total Lumber
Production 10 species
M
Exports, planks, joists, etc
M
Retail yards, Minneapolis district:
Sales
M
Stocks end of month
A'l
Retail yards, Kansas City district:
Sales
M
Stocks end of month
M
Composite lumber prices:
Hardwoods
dolls, per M
Softwoods
...dolls, per M
Flooring
Maple flooring:
Production
Shipments
Stocks, end of month
. ..
New orders
Unfilled orders, end of month
Oak flooring:
Production
Shipments
.. ,
Stock end of month
New orders
Unfilled orders, end of month

2, 392, 894 2, 532, 948 2, 387, 154 42,213,314 2, 428, 895 2, 283, 439 2, 577, 136
ft. b. m
191,764
223, 649
185, 368
162, 221
191, 145
220, 961
ft. b. m._ I 179, 352

+9.7
-12.5

-5.8 | 18,687,267 18,629,348Ji -.3
-15.4 1,463,388 1, 556, 146! +6. 3

f t b. m
ft b m

9,485
93, 983

14, 364
92, 064

22, 081
88, 355

15, 937
87, 345

17, 645
86, 663

15, 092
88,980

16, 262
87, 699

+10.7
-.8

+8. 5
-1.2

85, 704

96,195 +12.2

ft. b. m
ft b m

5,802
45, 919

6,199
44, 758

5,200
45, 540

5,679
44, 874

6,140
45, 326

5, 497
42, 831

5,97ll
43, 684

+8.1
+1.0

+2.8
+3.8

45, 895

44, 964

39.77
28.00

38.39
28.39

38.42
28.74

40.06
28.81

39.98
29.00

42.59
30.57

42.40
29.49

-.2
+.7

-5.7
-1.7

M ft b. in
M ft. b. m
M ft. b. m
M ft b. in
M ft. b. m

7,331
7,545
28, 326
7,036
9,963

7,070
8,256
27, 514
9,197
11, 423

7,608
8, 686
26, 271
7,867
10, 500

7,784
8,311
24, 667
7,466
10,076

8,413
9,515
23, 232
8,851
10, 187

9,691
9,536
26, 146
4,044
9,083

11, 557
10,939
26, 338
7,344
11, 027

+8.1 -27.2
+14. 5 -13.0
-5.8
11.8
+18.6 +20. 5
-3.0
-7.6

M ft b. m
M ft. b. m
M ft b. m
M ft. b. m
M ft. b. m

42,924
46, 105
77, 491
46, Q71
48,004

47, 785
50, 256
75, 948
50, 295
48, 681

44, 444
49, 475
71, 425
48, 873
49, 002

46, 065
47, 832
68, 851
45, 972
49, 912

51, 529
51, 860
67, 864
49, 427
47, 026

38, 435
30, 155
66, 102
21, 699
29, 773

40, 426
38, 932
66, 253
36, 139
27, 036

+11.9
+8.4
-1.4
+7.5
-5.8

ft. b. m
ft. b. m__

-2. 0

!

+27.5
+33.2
+2.4
+36.8
+73.9

76, 091
79, 272

60,933'! -19.9
64,638 -18.5

58, 698

63, 501 ! +8. 2

308, 193
305,612

349, 737 +13. 5
371, 439 | +21. 5

295, 971

379, 504 | +28. 2
'

Doors at Wholesale
White pine:
Receipts
number
Shipments
number
Stocks, end of month
number..
Unsold stock, end of month
number
Fir:
Receipts
.
number
Shipments
number
Stocks, end of month
.
number
Unsold stock, end of month
number _
Fir, manufacturing plants:
Production
number
Shipments
number
Stocks, end of month
number
New orders.
..number
Unfilled orders, end mo
number

+13.3

16,487
20,028
83, 908
61.048

14, 130
19, 146
68, 396
46, 758

16, 540
17,002
59, 535
45, 015

11, 687
13, 698
59, 231
37, 900

13, 245
16, 814
60, 240
49, 777

10, 006
17, 218
87, 199
65, 653

12, 117
9,010
47, 315
16, 726

17, 290
10, 209
43, 658
30, 215

8,182
9,720
42, 803
30, 755

14, 758
12, 549
48, 543
40, 126

+80 4
+29.1
+13.4

476, 630

393, 224
386, 636
293, 505
221, 896
535, 697

434, 299
431,800
302, 990
327, 387
470, 617

314,154
344, 643
267,118
227, 311
344, 094

27 7

262, 431

425, 909
371, 220
317, 109
606, 750
709, 500

20
19

20
32

17
27

22
31

23
25

27
25

+22.7

+1.7
+31.3

i

+30.5
—20.2

.

— 11 8

1

—30.6
—26 9

Wooden Furniture
Grand Rapids district:
Shipments
No. of days' production..
New orders
No. of days' production..
Unfilled orders, end of
month
No. of days' production .
Outstanding accounts, end of
month .
No. of days' sales
Cancellations
per cent of new orders..
Plant operation
per cent of full time..
Piano benches and stools:
New orders (av. per
firm)
..dollars..
Unfilled orders, end of month
(av. per
firm)
dollars .
ShipmentsValue (av. per
firm)
dollars. .
Quantity (total)pieces..




< Revised.

30

39

46

54

55

53

47
12.0
90.0

46
7.0
90.0

44
10.0
95.0

48
5.0
88.0

50
10.5
89.0

9^0
98.0

5,626

6,581

5,145

4,662

6,273

9,597

1,650

2,094

1,372

1,183

1,517

2,773

5,955
7,694

6,136
7,958

5,812
7,474

4,914
6.213

6,322
8. 191

8,342
10. 879

[

{

Cumulative through July 31.

!
5

52, 764

5 43, 315

5

52, 034
66. 523

5
43, 315 -16.8
555.841 -16.1

5

-17.7

34
TREND OF BUSINESS MOVEMENTS—Continued
1928

PER CENT INCREASE (-{-) OR
DECREASE (— )

1927

The cumulatives shown are through
August, except where otherwise noted.

Rarlier data for items shown here may
be found on pages 28 to 137 of the
August, 1928, ''Survey"

Perct.
increase
(+)
or decrease
(-)
cumulative
1928
from
1927

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH AUGUST 31

August, August,
April

May

1928,

1928,

June

July

August

July

from
July,

August

from
August,

1928

LUMBER PRODUCTS— Continued

1928

1927

1927

i

Plywood and Veneer
Plywood:
New orders
thous. of SQ. ft. of surfaceShipments
thous of sq ft of surface
Unfilled orders, end of
month
thous. of sq. ft. of surface
Bushel baskets:
Production
dozens
Shipments
_
._
dozens..
Stocks, end of month
dozens..
Rotary-cut veneer:
Purchases
. number of carloads..
Receipts
number of carloads

2,450
2,680

3,350
2,578

3,237
2,713

2,920
2,523

2,251
2,134

2,890
2,616

2,582

3,154

3,504

3,918

3,059

3,162

186, 244
152, 876
537, 033

261, 355
198, 592
609, 882

188, 021
254, 432
602, 083

229, 342
294, 662
565, 911

219, 638
202, 961
542, 186

238, 388
332, 048
448, 526

185
173

229
165

244
164

249
181

325
259

116
83

162
122

622
768
2, 757
958

796
925
2,517
942

844
876
2,495
950

763
815
2, 439
1,046

890 !
841;
2, 282 ;

989 ;

776
785
2,513
1,026

842
825
2, 564!
1, 069!

344, 572
96, 998
236, 433
275, 872
23
13. 50

297,212
125,650
225, 747
273, 743
5
13.50

302, 249
130, 990
219, 522
260, 970
3
13.50

563
202
941
457
11
13.50

13. 50

353 428
170, 178
211,451
235, 323
12
11.75

59, 647
17, 037
96, 125
48, 831

22, 465
15, 459
103, 131
50, 819

11, 372
19, 257
95, 246
40, 823

6,706
20, 253
81, 699
48, 690

6, 300^
22, 970,
65, 029!
47, 690 1

5 19, 585
» 19, 090

+L2

5 1, 545, 772 » 1, 398, 668^
5
1, 352, 918 M,343,000

-9.5
-.7

*5 21, 072
18, 871

"

+30. 5 +100. 6
+43.1 +112. 3

793
765

+5.7
+1.9
-11.0
-7.5

5,973
5,552

1,652 +108. 3
1,210 +58.2

STONE, CLAY, AND GLASS
PRODUCTS
Clay Products
Face brick, averages per plant:
Production
thousands. _
Shipments
thousands
Stocks, end of month _ _
thousands. _
f* Unfilled orders, end of month.. thousands. _
Common brick:
Stocks, end of monthBurned
thousands
Unburned
thousands _
Shipments
thousands
Unfilled orders, end of month. .thousands..
Plants closed down
. . ___ number..
Price, red. New York
dolls, per thous. .
Porcelain plumbing fixtures:
Net new orders
pieces
Shipments
pieces . .
Unfilled orders, end of month
pieces. .
Stocks, end of month
pieces..
Vitreous china plumbing fixtures:
New orders.
_
pieces. .
Shipments
pieces. .
Unfilled orders, end of month
pieces..
Stocks, end of month ._
pieces..
Terra cotta, new orders:
Quantity
- ... .net tons..
Value
thous. of dolls. .
Sand-line brick:
Production .
. ... ... thousandsShipments bv rail
thousands
Shipments by trucks
thousands. .
Stocks, end of month
thousands
Unfilled orders, end of month ..thousands. .
Portland Cement
Production
thous of bbls
Operation
per ct. of capacity. _
Stocks, end of month
thous. of bbls..
Stocks, clinkers, end of month _ .thous. of bbls..
Shipments
thous. of bbls
Wholesale prices, composite
dolls, per bbl

408,
208,
238,
299,

2'7
357
971
637
10!
11.75!

+16.6
+3.2
-6.4
-5.4

I

427
178,
194,
231,

5

5 1, 270, 058

"o:0

-6.9
+3.7

5,563
5, 760

1, 406, 772 +10.8

+14.9

-6.1
+13.4
-20.4
r>

1

I

238, 169
291, 130
569, 254
445, 752

233,
288,
514,
448,

515
317
452
326

227,
275,
466,
444,

734
292
894
884

186,
248,
404,
460,

428
448
874
840

215, 848
267, 349;
353, 373
478, 523 i

229, 832
251, 946
368, 326
554, 022

249, 169
279, 539J
337,9561
520, 364

+15.8
+7.6
-12.7
+3.8

-13.4
-4.4
+4.6
-8.0

1, 841, 832
2,082,064

2, 274, 564! +23.5
2,193,315 +5.3
i

12,226
1,153

10, 857
1,113

16, 108
1,558

14, 191
1, 385

12, 058
1,123

14, 856
1,268

15, 643J
I , 557

-15.0
-18.9

-22.9
-27.9

100, 756
10, 245

103, 137
9,775

+2.4
-4.6

10, 012
4,829
9,182
15, 121
14, 123

22, 244
7,752
18, 229
12,159
14, 445

19, 133
5,120
14, 437
11, 656
11,718

18, 072
6,055
11,772
12,591
11, 762

21,680;
8,284
13, 215
14, 446:
14, 503 1

16, 662
5,431
10, 751
8,820
14, 364

21,300
7,375
13, 294
12, 547!
19, 800

+20.0
+36.8

+1.8
+12.3
-.6
+15.1
-26.8

130, 023
51, 704
84, 796

131,914
45, 996
89, 454

+1.5
-11.0
+5.5

17, 445
87.0
22, 580
11, 707
19, 901
1.683

18, 730|
93.1
19, 340
9,347
21, 970
1.683

17, 408
90.4
19, 397
9,609
18, 984
1.683

18, 315
94.5
16, 292
7,887
21,411
1.683

+7.4 +2.3
+7.0 -1.5
-14.3 +18.7
-20.2 +18.5
+10.4 +2.6
0.0
0.0

110, 781

113, 180

+2.2

115, 170

115, 824

13, 468
70.0
27, 627
15, 002
13, 307
1.683

17, 280
86.6
25, 984
* 14, 329
18, 986
1.683

4

4
4

17, 469
90.1
25, 029
12, 944
18, 421
1.683

4

4
4
4
4

+12.3
+14.7
+23.3

;

+-6

Highways
Concrete pavements, new contracts:
Total
thous. ofsq. yds..
Road
thous. ofsq. yds..
Federal-aid highways:
Completed —
Cost
.thous. of dolls..
Distance
miles
Under construction, end of month. ..miles.. i
Plate Glass
Production, polished
thous. ofsq. ft..
Glass Containers
Actual production:
Quantity
.
Relation to capacitv
New orders
Shipments
Stocks, end of month
Unfilled orders, end of month

gross
per cent
gross
gross. .
gross
gross

Illuminating Glassware
Production:
Total
. ..number of turns
Ratio to capacity.. ___ per ct. of capacity.
New orders
per ct. of capacity. _
Shipments.. _..
per ct. of capacity
Unfilled orders, end
of month
number of weeks' supply. .
Stocks, end mo .__ .number of weeks' supply i




17, 788
12, 722

20, 695
13, 246

15, 446
8,997

13, 123
6,984

16, 889
9,254

12, 615
7,229

13, 528
7,445

+28.7
+32.5

+24.8
+24.3

89, 861
51, 794

109,713 +22.1
69,667! +34.5

6,579
269
8, 347

16, 706
735
8,967

18, 802
661
9, 494

8,828
483
9,497

12, 145
599
9, 547

17, 150
637
10, 135

15, 301
750
10, 005

+37.6
+24.0

+0.5

-20.6
-20.1 '
-4.6

89, 191
4, 345
79, 135

93, 426 +4. 7
3, 940 -9. 3
70,931 -10.4

9,953

10, 224

10, 723

9,346

11, 474

8,868

10, 616

+22.8

+8.1

77, 315

81,315

2,421
84.3
1, 965
2,491
6,239
10, 705

2,688
86.7
2,137
2,729
6,192
10, 076

2,589
86.7
2,225
2,552
6,220
9, 642

2,374
77.2
2,008
2,311
6,267
9, 166

2,686
80.9
1,909
2,654
6,297
8,467

2,050
71.7
1,743
2,227
6,216
9, 148

2,142 +13. 1
+4.8
69.3
-4.9
1,850
2,120 ! +14. 8
6,217
t f i6
—7.
8,765 1

+25.4

17, 079

19, 620' +14.9

+25.2

17, 366
17, 464

18, 925 +9.0
19, 454 +11.4

+16.7
+3.2

+1.3
-3.4

+5.2

i
3,243
41.8
42.4
40.1

' R e vised.

1.1
3.7 1

3,368
42.1
44.5
40.0
1.1
3.7

3,365
44.2
41.6
42.6
1.3
4.4

1,748
22.3
40.2
26.8
1.6
4.6

2,985
36.5
44.5 !
42.5

2, 169
33.6
36.3
35.3

2,410
32.0
38.3
31.4

+70.8
+63.7 1
+10.7
+58.6

+23.9

1.8 I
4.3 1

1.2
4.0 1

1.3
3.5

+12.5
-6.5

+38.5
+22.9

« CCumulative through J uly 31.

+35.4

22, 230

21, 686

+14.1
+16.2

:

i

+2. 5

35
TREND OF BUSINESS MOVEMENTS—Continued
i

1928
The cumulatives shown are through
August, except where otherwise noted.
Earlier data fot items shown here may
be found on pages 28 to 137 of the
August, 1928, "Survey"

April

May

PER CENT INCREASE (-J-) OR
DECREASE ( — )

1927

July

June

July

August

August

August, August,
1928,
1928,
from
from
July, August,
1927
1928

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH AUGUST 31

1928

1927

Perct.
increase
(+)
or decrease
(-)
cumulative
1928
from
1927

CHEMICALS AND OILS
Chemicals
Sulphuric acid:
Exports
thoius. of Ibs
Price, wholesale
dolls per 100 Ibs
Nitrate of soda:
Imports..
_ _
long tons. .
Production in Chile —
Quantity
metric tons
Potash salts:
Imports
long tons
Production in France
[" "H (K2O content)
metric tons
(KaO content)
metric tons
Superphosphate (acid phosphate) :
Production
short tons
Stocks end of month
short tons
Shipments
short tons
Fertilizer:
Exports
_
long tons..
Consumption, Southern States-short tons..
Dyes and dyestuffs, exports:
Vegetable
thous of Ibs
Coal tar
thous. of lbs._

842
0.78

516
0.78

774
0.78

733
0.78

291
0.78

801
0.75

517
0.75

-62.4 -43.7
+4.0
0.0

5,024

5,624

-10.7

131, 819

113, 722

76, 135

28, 150

75, 318

54, 867

71, 904

+167. 6

+4.7

482, 481

816, 914 +69.3

255, 100

262,400

252, 300

264, 300

275, 000

127, 060

142, 800

+4.0

+92.6

834, 593

2, 042, 300 +144. 7

38, 461

57, 327

+49.1

+31.6

179, 025

239, 097 +33.6

28, 137

12, 997

14, 525

28, 600

32, 000

34, 000

63, 746

99, 948

1 67, 414

36, 857

43, 572

30, 265

32, 868

88, 420

84, 548

355, 614
875, 207
390, 894

284,948 44 299,444
293, 250
803,888 1,041,
542 1, 252, 338
134,970 4 59, 899
64, 378

127, 111
862, 878

146,480
198,810

111,581
47, 236

98, 803
19, 251

103, 575
62,903

138, 023
35, 485

296
1,788

160
1,898

272
1, 726

254
8,340

237
1, 325

165
1,526

237
2,254

1,098
1,863

1,225
1,876

1,703
2,099

1,385
2,105

1,163
1,363

972
1,009

669
2,760

713
2,370

732
1,916

728
1,568

j

765
789

986
1,346

210
139

208
159

199
166

197
162

193 '
161

196
122

192 i
121

-2. 0
-.6

+0. 5
+33.1

169
113
125

169
113
128

169
113
123

168
113
123

164
113
121

156
112
126

156 '
112
127 1

-2.3
0.0
-1.6

+5.1!
+0.9
-4.7,

10,987
704

9,126
710

< 9, 340
443

Arsenic
Crude:
Production
short tons
Stocks, end of month
short tons..
Refined:
Production
short tons..
Stocks end of month
short tons
Price index numbers:
Crude drugs
rel to Aug 1914
Essential oils
rel to Aug , 1914
Drugs and
Pharmaceuticals
rel to Aug , 1914
Chemicals
rel. to 1913 14
Oils and fats
rel. to 1913-14

4

« 1, 668, 545 s 2, 298, 033 +37.7

* 236, 921
256, 980
1,354, 209 1, 468, 286
* 57, 404
79, 347

51,051,571 s 1, 400, 713 +33.2

100, 659
+4.8
* 57, 485 , +226.8

+2.9
+9.4

887, 258
4, 032, 557

864, 769 -2.5
5, 093, 415 +26.3

-6.7
-84.1

0.0
-41.2

2,384
16, 314

2,224 -6.7
21,375 +31.0

5 9, 245 +14.3

« 8, 087

6

5 5, 915

5, 025 -15.0

Wood Chemicals
Acetate of lime:
Production11, 693
United States
thous of Ibs
944
Canada
thous. of Ibs
Shipments—
12,092
United States
thous. of Ibs
1,636
Canada
thous. of Ibs
Stocks, end of month20, 516
United States
thous. of Ibs
3,084
Canada
thous of Ibs
917
Exports
thous. of Ibs
3.50
Price wholesale
dolls per cwt
Methanol, crude:
ProductionUnited States
gallons, _ 657, 253
35, 768
Canada
gallons
Stocks at crude plants, end of month323, 183
United States
gallons
32, 773
Canada
gallons
Stocks at refineries and in transit1, 120, 970
United States
gallons
55, 934
Canada
gallons
Exports
gallons..
59, 244
Wood at chemical plants:
ConsumptionUnited States
cords
63, 973
4,664
Canada
_ cords
Stocks, end of month —
515, 250
United States
cords
Canada
cords
74, 749
Daily capacity3,275
Total
-_cords
Shutdown,
cords
263
Methanol, refined:
ProductionUnited States
_
. gallons
468, 446
46, 000
Canada
gallons..
Stocks, end of monthUnited States
gallons..
430, 298
Canada
gallons
47, 311
ShipmentsUnited States.
gallons. . 412, 597
Canada
gallons
39, 856
Price, wholesale, N. Y
dolls, per gal__
.46

11, 712
353

6 90, 544
6 5, 719:

13, 125
172

-

15, 586
684

10, 274
887

< 13, 302
882

2,098

12, 211
801

13, 587
513 +137.9 +309. 0

16, 292
3,095
1,152
3.50

15, 257
2,848
215
3.50

Ml, 428
2,333
1,792
3.50

140
1,141
3.88

20, 553
2,655
1,355
3.50

19, 889
2,222
283
3.50

592, 368
17, 283

574, 710
12, 058

295, 812
29, 849

361,657!
27, 057

609, 604
28, 505

510, 627 * 518, 220
14, 885
27, 741

299, 062
33, 357

289, 433 * 285, 139
34, 950
38, 485

909, 620
57, 270
98, 763

558, 483
73, 955
66, 785

59, 744
3,530

56, 829
3,498

489, 388
74, 319

277, 077
66, 518
54, 535
4

37, 933

160, 156 1, 094, 775 1, 408, 637
21, 227
28, 610
64, 817
9,622
18, 796
14, 000

53, 247
1,938

63, 714
2,038

81,781
1,154

501, 021 * 502, 576
73, 900
73, 699

73, 700

598, 209
60, 392

606, 910
68, 693

-36.3 +303. 1
+10.9 +10. 9

!

5 86, 190
4, 403

8,465

* 78, 370 -13.4
5 6, 164 +7.8
5

84, 142 -2.4
8, 012 +82.0
10,644 +25.7

s 4, 736, 921 • 4, 345, 046
5 239, 624 5 247, 169

-1.4

-8.3
+3.1

+40.2

-42.2
88 6
-2.6 +126. 6
-74.3 -25. 5

142, 558|

410, 814 +188.2

* 487, 7451
« 28, 773

'438,573
-10.1
5
30, 921 +7.5

+7.3|
0.0
2 9
+0.4
+33.0 +135! 8

3,266

3,266
697

3, 250
807

3, 262
1,073

3,535
655

3, 395
455

557, 780
30, 400

603, 247
6,200

541, 113
10, 800

436, 811
14, 700

347, 833
22, 800

317, 521

— 19.3
+36.1

+37. 6

505, 299
55, 359

541, 083
45, 733

444, 496
39, 210

396, 730
26, 715i

554, 809
59, 120

428, 1941
50, 687!

-10.7
-31.9

-7.31
-47.3

492, 081
14, 528
.46

596, 502
11, 462
.46

667, 549
12, 672
. 47

497, 971 '
22, 076
.48

411,229
17, 827
.66

389, 033 ;
8, 440
.58!

-25.6 +28. O!
+74.2 +161.6
+2 0 — 17 2

11,043
10, 468
10, 904

13, 036
16, 336
6, 646

16, 618
14, 927'
7, 351;

15, 170
14, 651
9.700

15, 587!
12, 212!
11. 1221

3, 283, 427
185, 545

3, 935, 592 +19.9
240, 050 +29.4

3, 385, 654 4, 026, 025 +18.9
165,860 -10.4
185, 186,

Ethyl Alcohol
Production
thous. of gals..
Withdrawn for denaturization thous of gals
Warehouse stocks, end of month. thous. of gals..




11, 784
9, 334
11,2671

* Revised.

* Cumulative through July 31.

« 89, 777
« 81, 897

5 87, 801
* 78, 910

-2.2
-3.6

36

TREND OF BUSINESS MOVEMENTS—Continued
1928

The cumulatives shown are through
August, except where otherwise noted.
Earlier data for items shown here may
be found on pages 28 to 137 of the
August, 1928, "Survey"

; ! Pcrct.

-

PER CENT INCUMULATIVE TOTAL !. | n _
CREASE (+) OR
FROM JANUARY 1
crease
DECREASE ( — ) ! THROUGH AUGUST 31
(_[_)

1937

' . ...

April

May

June

July

[August, August, ;
I 1928,
1928,
: August 1 from
from
1
July, August,
1928
1927

July

August

. .:

1927

I
I
i
;

or docrease
(-)
cumulative
1928
from

1928
"

:

1927

CHEMICALS AND OILS— Continued
Explosives
(Black powder, permissible, and other high explosives)
Production
thous of Ibs
Shipments
thous. of Ibs. .
New orders
thous of Ibs
Stocks, end of month
thous. of Ibs
Naval Stores
Turpentine (gum):
Net receipts, southern ports
Stocks at ports, end of month
Price southern New York dolls
Rosin (gum):
Net receipts, southern ports
Stocks at 3 ports, end of month
Price B, New York
dolls
Rosin (wood):
Production
Stocks, end of month
Turpentine (wood):
Production
Stocks, end of month
_
Pine oil:
Production
Stocks, end of month
,

30, 954 '
31, 136
30, 335
16, 794

36, 304
35, 736
34, 680
17, 344

42, 724
73, 304!
.52!

50, 466
58, 390
.56

47, 809
58, 915
.59 ;

148, 250
178, 225
9.71

145,357
227, 517
9. 59

169, 439
179, 734
9.74

36, 054
108, 200

37, 016
112,703

37, 623
114,074|

5,700
8, 510

6,304
7,786

32, 153
32, 095
30, 701
17, 647

32, 850
33,511
32, 163
16, 990

32, 625
32, 816
31,305
16,732

30, 084
29, 561
27, 993
17, 158

barrels. .
barrels. _
per gal

20, 765
45, 458
.58

39, 764
46, 741
.54

48, 111
61, 336
.57

46, 637
69, 245
.55

barrels..
barrels. .
per bbl

67, 762
140, 805
8.54

118,460
128, 789
8.15

148, 041
165, 604
8.10

barrels __
barrles

34, 831
108, 394

36, 036
114,160

barrels
barrels..

6,052
10, 963

6, 350
9,459

>232,623:
5
239 600^
5224,300

-10.6
+24.4
+11.9

257,675'

215,957

-16.2

158, 514
198, 883
10.62

-2. O1
+27.7

-8.3
+14.4
—9 7

863,021

725,123

-16.0

36, 038
72, 486

35, 521
71, 982

+1.6
+1.2

+5.9
+58. 5

280, 386

278, 700

-.6

6, 274
6, 898 1

6, 414
6, 652

6,347
8, 256

-.5
-11.4

-1.2
-16.4

54,204

48,74:5

- 10. 1

!

231, 350
458,923

242, 050
524, 246

-5.5
, n

-6.8
+57. 0

1,872,450;

196,364

240, 845
727, 416

248, 606
768, 195

191,947
829, 507

238, 767
824,671

225, 668
822,813

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

27, 534
2,844

27, 521
2,368

28, 476
2,153

25, 810
2, 798

25,574:
3, 356

23, 605
3,272

27, 441
3, 166

—.1
+19 9

— 6. 8
+6. 0

3, 016

3,008

3,236

2,398

2,447

2,637

2,992

+2. 0

-18.2

20,822J
:

Cottonseed
Cottonseed:
Receipts at mills
short tons.Consumption (crush)
short tons
Stocks at mills, end of month, .short tons..
Cottonseed oil, crude:
Production
thous. of Ibs .
Stocks, end of month
thous. of lbs_.
Cottonseed oil, refined:
it Production
thous. of Ibs
Stocks, end of month
thous. of lbs__
Price, yellow, prime, N. Y_. -dolls, per lb._
Consumption in oleomarg thous. of Ibs..
Cottonseed cake and meal:
Production
short tons
Stocks, end of month
short tons. _
Exports
short tons
Flaxseed
Production, crop estimate
thous. of bushs..
Minneapolis and Duluth:
Receipts .
.thous. of bushs.Shipments
thous. of bushs
Stocks, end of month
thous. of bushs
Imports
thous. of bushs .
Linseed oil:
Shipments from Mmneapolis.thous. of Ibs..
Price, New York
dolls, per lb._
Linseed cake and meal:
Shipments from Minneapolis.thous. of Ibs..
Exports
thous. of Ibs

-r,. s
— 4 '•)
-6.0

-8.4
+5. 9
-5.5

gallons...
gallons..

Fats and Oils
Total vegetable oils and copra:
Exports
thous of Ibs
Imports
- thous. of Ibs..
Copra, imports
short tons
Copra or coconut oil:
Imports
thous. of Ibs..
Consump. in oleomargarine
thous. of Ibs. _
Oleomargarine:
Production
thous of Ibs
Consumption
thous. of Ibs
\nimal glues shipments
thous. of Ibs

5219,215
20"1 151
5210,903

5

1,841,511;

-1.7

201,248

+2.5

20, 260 i

!

-2.7

!
i

4,618
65. 152
11, 334

1,996
57, 049
21, 383

1,652
59, 951
20, 488

1,145
53,379
24, 407

1, 444
56,364
19, 716

3,775
66,828
15, 215

1,767 I
50, 092 1
19,311 !

+26. 1
+5.6
-19.2

-18.3
+12.5
+2.1

48,355!
464,394!
135,161

38,60n ! -20.2
457,755 —1.4
144,578 +7.0

23, 112
12, 284

15, 076
11,613

12, 671
11,791

19, 629
10, 642

12, 581
1.1, 910

16, 997
7,248

21, 469
8,840

-35. 9
+11.5

-41.4
+34, 7

185,297^
73,931!

158,9801! -14.2
98,821'i +33.7

24, 291
22, 800
6, 587

23, 744
23, 381
6, 489

23, 738
23, 926
5,887

21, 444
20, 490
6,621

23, 610
24, 965

17, 214
16, 727
5,902

« 20, 882
19, 387
6,076

+10.1
+21. 8

+13.1
+28. 8

173,804'
170.800!
43,715!
\

197,9441 +13.9
197,0551 +15.4
M5, 594 j +4.3
j

15, 947
164, 872
113, 019

5,660
66, 040
52, 437

16, 798
39,041
30, 194

23, 923
32, 336
21, 781

169, 498
73, 795
117, 484

+608. 5
+128.2
+439.4

-38.5
-53.8
-42.8

56, 945
83, 371

24, 437
47, 409

13, 445
33, 509

11, 285
19, 457

20, 8631
15, 346

+84. 9
-21. 1

-54.8 :
-40.4

916,250

561,042

84, 159
516, 232
.099
2, 015

61, 935
480, 431
.106
2,135

22, 779
415, 428
.102
2,106

26, 404
335, 406
.101
1,867

19, 677
236, 200
.094
2,062

-25. 5
-29. 6
-6.9
+10.4

-40.8 ;
-13.5
-6.0
+ 18.2 !

916,176

621,411! -32.2

82, 273
84, 870
8,230

31, 376
59, 745
4,906

18, 457
45, 387
143

13, 769
32, 601
71

34, 760
19, 794
944

72, 264 +151.5
44, 142 -39. 3
15, 122

— 51.9
-51.7
—3.8 i

1,384,078

253, 293

107, 738 \ -57. 5

717 ;l +77.5
496 I +56. 6
589 ! -24. 6
1,123 -28.0

-20.8 ii
-14.1
—47.4
-4.9

4,375
3,340

4,873! +11.4
3,994 +19.6

54, 038 * 275, 505
67, 661 4 159, 856 ,
89, 784 4 205, 433 !
!
22. 567 4 46, 157 !
16, 297 4 25, 736 I
1
31, 789 4 33, 253 i
378, 613 4 272, 955 1
.095
.100 ;
1,559
1,745 1
39, 022
63, 632
23, 169

4
4

2

i 23, 448

26, 583

5

1,959,140
843, 5631; -50. 9
3, 052, 577; l, 720, 626 -43. 6

15,866

-38.8

16,67o| +5.1
793,158

-42.7

:

474
584
1.627
1,718

650
675
856
2,156

681
392
764
1,664

320
272
411
1,484

568!
426
310'
1,068

429
606
908
1,381

15,826

12,206; -22.9

15, 079
.098

17, 245
.103

17, 196
.103

12, 229
.100

13, 571
.098

9, 379
.106

10, 859
.107

+11.0
-2.0

+25. 0
-8.4

83,104

116,982! +40.8

21, 607
38, 582

16, 621
45, 331

11, 421
45, 135

10, 057
47, 258

16, 051
52, 392 ,

7, 281
52, 596

10, 145
58, 947

+59.6
+10.9

+58. 2
-11. ] !

94, 907
449,169

160, 900 +69.5
380,283 ! -15.3

FOODSTUFFS

Wheat
Production, monthly estimate:
Winter
thous. of bushs
Spring
thous. of bushs
Total
. thous. of bushs. .
Visible supply, end of month:
63, 625
50, 381
40, 480
United States
thous. of bushs
99, 228
Canada
thous. of bushs, . 129, 552 112, 054
17, 949
Receipts, principal markets ._ .thous. of bushs..
25, 922
15, 544
Shipments, principal markets -thous. of bushs. . 14, 269
27, 9121
14, 840'
»As of Sept. 1.
» Final estimate for 1927.



1
1

55, 362
72, 891
72, 618
33, 543

2 552, 384
2 319. 307

578 599
237, 607
i 901,072

_

92, 108
32, 728
84, 221
46, 105

36, 104
44, 237
58, 800
25, 489

4 Revised.

•i

2 87l!fi91 >

67, 273 , +66. 4
28, 264 -55. 1
81, 632 +16. 0
46, 583 i i +37.5
6

i

!

+36. fe • •
+15.8
+3.2
-l.C

256,927
160,273

Cumulative through July 31.

288,547 +12.3
178,607, +11.4

37

TREND OF BUSINESS MOVEMENTS—Continued
1928

The cumulatives shown are through
August, except where otherwise noted.
Rarlier data for items shown here may \
be found on pages 28 to 137 of the \
August, 1928, "Survey"

April

July

June

May

"teER'CENT INCREASE (+) OR
DECREASE ( — )

1937

August

July

August

i

August, August,
1928,
1928,
from
from
July, August,
1928
1927

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH AUGUST 31

1937

1928

Per ct.
increase
(+)
or decrease
(-)
cumulative
1928
from
1927

FOODSTUFFS-Continued
Wheat— Continued

!

Exports:
United States —
Wheat only
thous. of bushs
Including wheat flour.thous. of bushs..!
Canada—
Wheat only
thous. of bushs..
Including wheat flour.thous. of bushs.-i
Prices:
!
No. 2, red winter, Chicago.dolls. per bush...!
No. 1, northern spring,
!

77, 648
111, 722

38, 071 -51.0
71, 415 -36.1

-22.7 +105. 4!
-18.7 +101.4

123, 948
149, 058

170, 314 +37.4
199, 990 +34.2

315,441
5 41, 678

328, 650 +4.2
6 47, 733 +14.5

4,823
8,624

5,006
8,093

4,153
7,064

10, 394
14, 588

8,397
11, 942

8,361
11, 103

30, 282
34, 268

21, 960
25, 182

32, 426
35,944

25, 057 1
29,224!

6,620
8,641

1. 81

1.90

1.65

1.52

1.33!

1.43

1.40

-12.5

-5.01

1.502

1.376

1.300

1.188

1.440

1.427

-8.6

-16.7

44, 099
5,276

+19.9

+6.2

9,617 +21.2
10, 458
1,158
761, 468 +17.0
54 +13.7
8,906

+6.1

23, 418 +150. 3
28, 150 +105. 4
12, 197
14, 510

I

Wheat Flour
Grinding of wheat:
United States
Canada
Production:
United States, actual
United States prorated
Canada
Production, gain offal _ .

i
-55. 4|
-48. 21

2, 723
7, 660

Consumption (computed)
Stocks, all positions, end of
month (computed)
Exports:
United States
Canada
Wholesale prices:
Standard patents,
Minneapolis
Winter straights,
Kansas City

4

39, 077
6,769

46, 853

38, 547
4,662

4
7,665
8, 416
8,854
9,409
1,359
1,458
636,308 * 688, 711
44
51
7,762
8,269

10, 202

8,388
9,256
1,019
668, 232
51
7,918

35, 633
6,304

38,986
6, 058

39, 910
7,138

thous. of bbls_ _ !
thous of bbls
thous. of bbls.. 1
.thous. of Ibs.J

8, 400
9, 661
1,314
688,720

thous of bbls '

8, 064

8,604
9,960
1,541
705,781
50
9,515

thous of bbls

6, 700

6,300

6,200

7,847

thous. of bbls.. i
thous of bbls •

1,097
609

845
886

686
716

647
782

dolls per bbl <
i

8 11

8.49

7.95

7 56

7.63

7.18

3, 355
36, 056
19, 579
18,849
8, 285

1,186
27, 554
23, 708
23, 454
6,921

1,045
17, 451
18, 771
20, 221
6,427

891
12, 479
23, 742
16,080
5,833

1 03

1.07

1.03

1.08

12, 436
11, 45iJ
387

14, 406
7,319
465

7,144
3,392
78 |

6,610
1,954
104

.65
846

.69
887

.71
753

.61
723

10, 208

11, 520

9,974

9,320

2 717
2,339
876

3,031
1,435
1,386

2, 652!
71 1!
1, 910

2, 217
685
2, 242

i 346, 027
23, 611
6,313
8,758

l,87l
891
2,528

1 01

1.04

.96

.83

.73

.79

1, 186
5 051
366
1 27

1,593
1, 696i
3, 345
1.32

781
1, 465
1, 297'
1.26

571
1, 146
195
1.13

i 43, 274
2,636
1,440
709
.98

12, 644

15, 006

12, 423

10, 496

thous. of bushs-J
thous of bushs :'

dolls per bbl

805,734
58

+5.8
+7.4

6,800

6,100

932
925

788
449

1,052
514

+44.0
+18.3

-11.4
+80.0

7.36

6.62

7.81

7.60

-10.1

-12.9

6.44

5.66

6.92

6.77

-12.1

-16.4

68, 922
70, 950 +2.9
s 69, 231 +3.7
66, 784
5 9, 124
« 10, 332 +13.2
+6.4
5, 437, 582 5, 787, 156
5

«60,165

« 61, 656

+2.5

7,568
5,580

7,410
6,594

-2.1
+18.2

Corn
Production, crop estimate
thous of bushs '<
Exports, including meal
thous. of bushs__i
Visible supply, end month
thous. of bushs_J
Receipts, principal markets thous. of bushs_J
Shipments, prin. markets
thous. of bushs_.i
Qrindings (starch, glucose) thous. of bushs.. \
Prices, contract grades, No. 2,
Chicago
dolls per bush i

733
31,911
15, 125
12, 090
6,727

22, 786, 228
459
23, 805
16,758
11, 762
7,309

.97

1.02

1.09

il, 453, 829
27, 271
15, 687
2,403

8,125
12, 270
534

.39

.48
805

.48
791

9,749

9,785

12, 930, 586
1,018 |
9,985
21, 467
15, 778
5,193

+14.3 +121.8
-20.0 -58. 1
-9.6 +28.1
+34.1
-1.9
-29.0
-11.0
-10.2

-11. Oj

21, 195, 006
21, 413 +312. 6
22,501 -19.7
1,398

+27. 4
-30. 31
+71. 9

-36.1

-18.8

11,801

16, 950 +43.6

152, 789
88, 851
55, 010

228, 433 +49.4
161, 040 +81.2
58, 571 +6.5

Oats
Production, crop estimate
thous. of bushs i
Receipts, principal markets... thous. of bushs__|
Visible supply, end of month-.thous. of bushs__j
Exports, including meal
thous. of bushs !i
Prices, contract grades,
Chicago
dolls, per bush 1
Grindings, Canada.
_ _. thous. of bushs i
Production, oatmeal and rolled
oats, Canada.
thous. of Ibs

94, 956

104, 004

+9.5

8,288

4,849 -41.5

5 49, 331

s 65, 227 +32.2

« 58, 275

5 73, 824 +26.7

27, 199

50, 138 +84.4

16, 084

18, 992 +18.1

Barley
Production, crop estimate _
Receipts, principal markets
Visible supply, end mo ...
Exports
Price, fair to good, malting,
Chicago

thous.
thous.
thous.
thous.

of bushs •
of bushs
of bushs
of bushs..;

dolls per bush

2 265, 577
11, 108
+102. 6
3,532 +821. 6 +78.7
4,256 +290. 6 +105. 8;

-12.0

-8.7;

1,444
1,376
339
1.10

2 58, 572
4,293 +361. 6
3,083 +25.7
1,325 +263. 6
.97 -13.3

-38. 6
-53.3
-46. 5
+1.0

16, 738

11, 556 -31.0

17, 807

7,202 -59.6

27, 476

16, 076

35, 589 +161.8

-22. 8;

166, 705

115, 399 -30.8

16, 892

l 36, 545
338, 269

147, 176

-57.3

4, 224, 503

285, 155
35, 274
829, 608
189, 472
31. 688

346, 076
96, 643
695, 660 i
126, 668 I
6.026 1

.80

Eye

Production, crop estimate
Receipts, principal markets
Visible supply, end mo
Exports, including flour
Price, No. 2, Chicago..

thous. of bushs. J
thous. of bushs..
thous. of bushs :
thous of bushs
dolls, per bush

Total Grains
Total grain exports, incl. flour.thous. of bushs. J
Rice
Production, crop estimate
thous. of bushs. ...
Southern paddy, receipts at mills..
bbls
620,032 351, 607 129, 752
Shipments:
Total from mills
pockets (100 Ibs )
835 992 909, 718 531, 073
New Orleans
pockets (100 Ibs ) 1 205 148 203, 261 115,399
Stocks, end of month
pockets (lOOlbs.).J 1,957,878 1, 455, 366 1, 067, 092 •
Exports
. .
_ pockets (100 Ibs.) l 392,919 380, 725 291, 287
Imports
pockets (100 Ibs.)..!
34.447
27. 452
14. 815
i As of Sept. 1.
2 Final estimate for 1927.




4

2 40, 231
792, 345

4, 057, 044

-4.0

+8.8
345, 794
423, 559 +21.4 -18.3
5, 414, 724 5, 890, 921
96, 074
109, 951 +174. 0 -12.1 1, 201, 437 1, 209, 422
+.7
987, 310 1, 235, 674 -16.2 -43.7
112, 232 -33.1 +12.8 2, 336, 525 2, 461, 348 +5.3
74, 519
26. 248
19. 503 -81. 0 -69.1
395. 435
265. 271 -32.9
5
Revised.
Cumulative through July 31.

TREND OF BUSINESS MOVEMENTS—Continued
Perct.
increase
(+)
or decrease
(-)
cumulative
1928
from
1927

!

1928

The cumulatives shown are through
August, except where otherwise noted.
Earlier data for items shown here may
be found on pages 28 to 137 of the
August, 1928, "Survey"

PER CENT INCREASE (+) OR

1927

DECREASE ( — )

April

May

June

July

July

August

August

August, August,
1928,
1928,
from
from
July, August,
1928
1927

CUMULATIVE TOTAL j
FROM JANUARY 1
THROUGH AUGUST 31

1928

1927

FOODSTUFFS— Continued.
Other Crops
Apples:
Production, crop estimate.thous. of bush.
Cold-storage holdings,
end of month
thous. of bbls.
Car-lot shipment...
__ _
carloads..
Potatoes:
Production, crop estimate thous. of bushs
Car-lot shipments
carloads
Onions, car-lot shipments _
. carloads. _
Citrus fruits, car-lot shipments.
carloads. .
Hay, all tame:
Production, crop estimate thous of tons
Receipts
tons

1

1,378
2,322

599
1,803

None.
1,040

None.
3, 369

2

178, 949

None.
4,170
1

123, 455
33
3, 352

+23.8

{•
+24. 4h

33,366

26, 491 -20.6

2 402, 149
17,418
20, 709
1,864
2,313
5,781
4,492

-25.9
+55.0
-16.1

-10.8!
-f 10.711
-5.3!!

151,543
16,983
76,912

170, 973 +12.8
19, 866 +17.0
59, 687 , -22.4

48, 005

2 106, 219
51, 652

+36.6

+15.7

455, 368

419, 998

None.
1,731

16, 851
2,993
8,893

22, 955
4,133
8,350

29, 152
1,200
5,134

1,466, 815
20, 972
15, 538
1,652
2,561
4,254
5,070

46, 628

42, 955

43, 622

43, 770

1,684
640
254
1,013

1, 799
682
283
1,120

1, 558
594
184
963

1,650
608
196
1,013

1,829 !
814
336 j
1,007

1, 547
562
138
971

2,065
802
269
1,231

+10.8
+33.9
+71.4
-.6

-11.4
+1.5
+24.9
-18.2

14, 104
5,123
1,596
8,863

13, 272 -5.9
5,072 -1.0
1,854 +16.2
8,097 — 8. 6

361, 718
375, 381
1,052

422, 916
435, 397
1, 165

406, 060
412, 257
1, 392

375, 745
381, 747
1,510

398, 056 !
403, 383
1,519

417, 119
426, 434
1,920

465, 597
470, 490
1,899

+5.9
+5.7
+.6

-14.5
-14.3
-20.0

3, 484, 755
3, 556, 311
14, 402

3,100,881 -11.0
3, 166, 370 -11.0
9, 690 -32.7

46, 194

37, 212

32, 238

* 32, 442

31, 145

35, 722

33, 446

-4.0

-6.0

13.34
.200
.222

13.18
.201
.229

13.56
.212
.225

14.99
.229
.249

15.11
.244
.260

12.30
.193
.200

12.58
.203
.200

+.8
+6.6
+4.4

+20.1
+20.2
+30. 0

2,523
1,160
43
1,363

3,046
1,110
38
1,939

3,041
1,192
38
1, 846

-13.7
-2.8
-4.4
—20 7

17 0
-2.7
+13.2
-26. 2

27, 931
10, 088
588
17, 823

652, 896
548, 008
76, 277

580, 606
595, 110
72, 958

-13.2
-2.0
-2.8

-19.6
-7. 7,
+12.3;

5, 384, 083
4, 316, 312
666, 550

861, 052 1, 020, 407
682, 826 1 841, 271

933, 436
766, 418

-15.9
-16.6

-7.8!
-10.9

50, 658

140, 932
46, 972

117, 871
50, 816

-4.3

o

178, 226

179, 136

167, 018

-13.0

+6.7

11.71
.249
.128

8.98
.243
.132

9.19
.235
.128

+7.8
+5.5
+2.4

+27. 4J
+6.0,
0.0

2,362
1,250 !
564 i
1,097 I

1,676
760
216
920

2,209 +24.4
1,054 +51.0
390 + 141.0
+2.7
1,137

+6.9
+18.6
+44.6
-3.5

13, 999
6,624
1,723
7,364

14, 610i
6,893
1, 727:
7, 703!

+4.4
+4.1
+.2
+4.6

;

37, 647
37, 706

44, 865
44, 811

+13.0
+12.5

-.8
— 1.0

323, 126
326, 454

332, 583
336, 439

-5-2.9
+3.1

1

87, 859
59, 774

-7.8

Cattle and Beef
Cattle movements, primary markets:
Receipts
thousands. .
Shipments, total
thousands. _
Shipments, stocker and feeder.. thousands..
Local slaughter
thousands. .
Beef products:
Production, inspected.
.-thous. of lbs_.
Apparent consumption
thous. of Ibs
Exports
thous of Ibs
Cold-storage holdings,
end mo
thous of Ibs
Prices:
Cattle, corn-fed, Chicago.dolls. per 100 Ibs..
Steer rounds No. 2
dolls, per lb__
Western dressed steers, N. Y.dolls. per lb._

4

Hogs and Pork
Hog movements, primary markets:
2,924
Receipts
thousands
3,483
3,723
3,548
1,193
Shipments, total
thousands..
1,385
1,296
1,299
45
Shipments, stocker and feeder. -thousands..
65
66
56
Local slaughter
thousands
2,420
1,719
2,077
2,269
Pork products, total:
Production, inspected
thous of Ibs
672, 640
585, 081
704, 468
537, 820
Apparent consumption
thous. of lbs._
528, 236
616, 624
598, 167 4 560, 122
Exports
thous. of lbs__
84, 290
86, 159
85, 201
82, 936
Cold-storage holdings, end of month4
Total
thous of Ibs
124
1, 133, 760 1, 105, 439 1, 129, 839 1,024,
4
Fresh and cured
thous of Ibs
960, 672
919, 366
915, 360
819, 185
Lard (included in pork products) :
108, 522
Production
thous of Ibs
127, 075
140, 414
146, 520
52, 940
Exports
thous. of Ibs
56, 554
55, 540
53, 436
Cold-storage holdings,
end of month
thous. of Ibs
173, 088
186, 070
214, 479 4 204, 939
Prices:
Hogs, heavy, Chicago
dolls per 100 Ibs
9.09
10.12
10.86
9.61
Hams, smoked, Chicago
dolls per Ib
.206
.215
.236
.201
Lard, prime contract, N. Y_ -dolls, per lb_.
.121
.122
.125
.123

466, 696
549, 036
81, 924 !

I

31,413
11, 752
505
19, 640

+12.5
+16.5
-14.1
+10.2

5, 810, 128' +7.9
4, 787, 558! +10.9
745, 521 i +11.8

5 990, 630 5 1, 085, 494
458, 821
499, 589

+9.6
+8.9

Sheep and Lambs
Sheep movement, primary market:
Receipts
thousands
Shipments, total
thousands. .
Shipments, stocker and feeder. -thousands. _
Local slaughter
thousands
Lamb and mutton:
Production, inspected
thous. of lbs_.
Apparent consumption
thous. of lbs._
Cold-storage holdings,
end of month
thous of Ibs
Prices:
Sheep, ewes, Chicago
dolls, per 1001bs_.
Sheep, lambs, Chicago dolls per 100 Ibs

1,591
778
134
814

1,952
994
205
951

1,913
904
278
1,020

36, 248
38, 039

38, 455
40, 135

40, 693
39, 923

1,828

1,226

1,947

8.90
15.98

7.31
15.19

5.88
13.03

1,898
828
234
1,068
4

39, 394
39, 448
4

44, 525
44, 359

1, 822

1,775

1, 161

1,302

-2.6

+36.3

5.38
15.18

5.72
14.31

5.31
14. 22

5.58
13.58

+6.3
-5.7

+2.5
+5.3

!

Miscellaneous Meats
Cold-storage holdings end mo

thous of Ibs

70, 438

64, 438

63, 941

4

63, 610

56, 891 |

66, 457

65, 873

-10.6

-13.6
i

Total Meats
952, 959
Production, inspected
thous of Ibs
983, 046 1, 134, 010 1, 151, 221
Cold-storage holdings, end mo thous. of Ibs. . 1, 252, 200 1, 208, 773 1, 227, 965 n,4 121,998
Apparent consumption
_.
_ thous. of lbs._
941, 656 1, 092, 156 1, 050, 347
981, 318

909, 277 1,107,662 1, 091, 069 !
-4.6
950, 863 1,123,747 1, 034, 057 i —15 2 :
996, 778 1,012,147 1,110,411 | +1.6

-6.7
—s n

9, 191, 977

9, 243, 589

+.6

-10.8

8, 199, 068 1 8, 290, 384

+1.1

Poultry
Receipts at 5 markets
thous. of lbs._
Cold-storage holdings, end of mo. -thous. of Ibs..

16, 006
56, 832

17, 862
43, 872 i
I

18, 849
38, 230

4

22, 238
40, 395

22, 361
40, 700 \

18,282
42, 293 j

22, 691
39, 711

24, 387
26, 473

27, 650 1
26, 358

29, 809
40, 946

4

27, 324
53, 140

30, 130
66, 082 |

27, 322
42,118

33, 284
54, 061 i

116,155
37. 231

154, 768 :
42,117 1

240, 311
23, 106

454, 600
26. 333 i

;
121. 152 i

508, 196
48, 19C i

Fish
Total catch, prin. fishing ports* _ .thous. of lbs_.
Cold-storage holdings, ISthof ino. .thous. of Ibs..
Canned salmon:
Shipments, United States
cases
Exnorts. Canada
cases.. I




iAs of Sept. 1.

2 Final estimate for 1927.

4

Revised.

+.6
+. 8

-1.5
+2. 5

158, 995

165, 655

+10.3
+24. 4 ;

-9.5
+22. 2

199, 504

200,776;

+4.2

|i
+.6

802, 320
« 2, 700, 295! «1,850,861 -31.5
110.004 +360. 1! +10. 1
611. 354
601. 772I -1.6
8
Cumulative through July 31.

39
TREND OF BUSINESS MOVEMENTS—Continued
1928

The cumulatives shown are through
August, except where otherwise noted.
Earlier data fot items shown here may
be found on pages 28 to 137 of the
August, 1928, "Survey"

April

May

PER CENT INCREASE (+) OR
DECREASE (— )

1927

June

July

August

July

1

August, August,
1928,
1928,
from
from
July, August,
1927
1928

August

Perct.

CUMULATIVE TOTAL
FROM J A N U A R Y 1
THROUGH AUGUST 31

increase

(+)
or decrease

(-)

1927

cumulative

1928

1928
from

1927

FOODSTUFFS-Continued
Butter
Production (factory)
Receipts, 5 markets
Cold-storage holdings, creamery,
end of month
Apparent consumption
.
Wholesale price New York

I

thous. oflbs
thous. of lbs._

117, 757
44, 721

156, 020
54, 427

182, 016
69, 650

tbous oflbs
thous. oflbs
dolls per Ib

5,109
163, 257
.45

15, 952
205, 973
.45

69, 750
204, 173
.44

28, 960
15,138
36, 570
41, 791
6,229
187
668

40, 305
16, 251
38, 807
48, 990
6,280
303
4,860

58, 880
19,216
45, 778
68, 613
6,581
180
5,849

30, 207
.24

36, 716
.24

53, 648
.26

Cheese
Total, all varieties:
Production (factory)
thous oflbs
Receipts, 5 markets
thous.of lbs_.
Apparent consumption
thous. of lbs_ .
Cold-storage holdings,end mo__thous.of lbs_.
Imports
thous of Ibs
Exports, United States
thous.of Ibs __
Exports, Canada . .
thous. of Ibs
American whole milk:
Cold-storage holdings, end mo._thous. of Ibs.. _
Wholesale price, New York, .dolls, per l b _ _

4

167, 750
65, 145

142, 688
55, 339

170, 484
67, 282

146, 808
58, 310

-14.9
-15.1

-2.8
-5.1

1, 106, 245
434, 627

1, 074, 756
418, 441

-2.8
-3.7

120, 437
186, 188
.45

136,136

186, 461
.47

145, 147
185, 532
.42

163, 701!
188, 803;
.42

+13.0
+.1
+4.4

-16.8
-1.2
+11 9

1, 410, 328

I, 406, 088

-. 3

48, 614
21, 741
32, 146
89, 708
5,937
172
20, 095

41, 578
18, 727
35, 189
101, 442 1
5,597
215 !
15, 788 1

54, 605
24, 134
33, 957
87, 937
6,503
231
8,977

46, 731
22, 556:
41,956!
90, 2041
3, 430'
251 !
16, 023

-14.5 -11.0
-13.9 -17.0
+9.5 -16.1
+13.1 +12. 5

73, 088
.26

83, 823
.20 |

67, 09J
.24

69, 749'

- 25|

+14. 7
0.0

+20.2

4

4

+25' o

-21.4

+63.2

-14.3
-1.5

348,011

149, 542
323, 362
49, 804
2,419
45, 600

297,236! -14.6
133,856! -10.5

304, 106^ -6. 0
li
47, 033 ! -5.6
1,788 ! -26. 1
51, 743 +13.5

+4.0

Eggs
Receipts, 5 markets
thous. of cases
Cold-storage holdings, end of month:
Cases
thous of cases
Frozen
_
_
thous. oflbs.-

4

1, 335

1,076

1, 225

1,005

-19.4

+7.1

4

10, 496
81, 670

9, 940 ;
89, 014

10,746

81, 418

9, 650
77, 508

—5. 3
+9.0

+3.0
+14. 8

4

30, 397
20, 794

30, 542
19, 610

44, 028
19, 883

43,559

20, 796

+.5
-5.7

-29.9 i
-5.7

23, 594
8,611
3,011
5.97

24, 159
8,398
3,246
6.18

38, 140
7,719
2,716
5.83

38, 325:
7, 600i
3,532
5.83|

+2.4
2.5
+7.8
+3.5

-37.0
+10. 5
-8.1
+6.0

161, 706
101, 837

213, 068
176, 763

236, 173^

-10.4
-18.4

-31.5
-50. 0

6,343

6,326

+49.6

4.45

4.58

4, 240
4.58j

+22.5

4.28

180, 377
124, 738
5,180
4.34

+2.5

-2.8

205, 123

269, 421

171, 065

152, 451

200, 076

162, 875

-10.9

-6.4

12, 156
303
6,037

15, 985
273
6,590

21,517

22, 632
359
6,264

19, 857
526
6, 736

13, 746
241
5,781

13, 232
238
5,683

-12.3

+50.1

17, 697
109, 613

17, 914
117, 558

115,866

19, 215
122, 100

117, 162

19, 366
118, 672

18, 095
110, 694

27, 522

31, 949

32, 686

26, 718

21, 157

7,035

7,455

7,034

6,652

7, 014

4,817

5, 566

158, 387
271, 492
378, 231
701, 624

180, 861
208, 241
404, 120
682, 591

102, 353
253, 613
433, 367
595, 214

274, 366
471, 175
488, 161

None.

None.

None.

None.

2,360

2,503

1,763

4, 515
51, 532

8, 162
67, 941

10,002

77, 744

18, 496
11, 757

22, 396
16, 716

31, 087
25, 255

13, 169
6,453
2,700
5.83

18, 079
8,400
3,279
5.83

25, 081
13, 368
3,054
5.83

94, 338
72, 121
6,421
4.23

119,210

187, 789
151, 769

170, 884

13,392

13,253

--1.0

24, 382

26, 461 ;

+8. 6

49, 968

54, 847 !

9.8

1, 438, 371

1, 384, 590 I

-3.7

Milk

Condensed milk:
Total stocks, rnfrs., end mo.—
Case goods
thous oflbs
Bulk goods
thous. oflbs..
Unsold stocks, mfrs., end mo. —
Case goods
thous of Ibs
Bulk goods
thous
Exports...
__ thous. of Ibs...
Wholesale price, New York.dolls. per case..
E vapor ated milk:
Manufacturers' stocks, end of mo. —
Total case goods
thous of Ibs
Unsold, case goods
thous. of lbs__
Exports
...thous. of lbs_.
Wholesale price, New York dolls per case
Production, condensed and
evaporated milk
_
thous. oflbs
Powdered milk:
Manufacturers' stocks, end
of month
thous. of lbs_.
Exports
thous. oflbs
Net new orders
_
thous. oflbs
Fluid milk:
ReceiptsBoston (includ. cream). .thous. of qts_.
Greater New York
thous. of qts_.
Production—
Minneapolis, St. Paul ... thous. of lbs._
Consumption in manufacture
of oleomargarine
thous . oflbs

95, 386
7,806
4.28

5,464

225
6,129
19, 151

4

4

4

203,643;

+7.5

+18.5

2,146
41, 850

2,516
47, 478

+17.2
+13.4

-4.0

+5.8

s 124, 093
887, 479

5 125, 607
910, 635

+1.2
+2.6

+5.4

+26.0

48, 094

58, 259

+21.1

+8.3
+8.7
-18.0

-20. 9
+2.9

2, 653, 166
3, 582, 414

2, 446, 240
3, 182, 498

-7.8
-11.2

+64.9

597, 355

492, 580

-17.5

95, 540

69, 411

-27.3

3, 745, 467!
2, 960, 525

3, 430, 449
2, 736, 068

-8.4
—7.6

+46.5 +121.0

I

Sugar

Raw:
Imports—
From Hawaii, Porto Rico.__long tons._
From foreign countries
long tons
Meltings, 8 ports.
_
long tons
Stocks at refineries, end month_.long tons..
Receipts, domestic,
New Orleans
long tons
Refined:
Shipments, 2 ports. __ _
long tons
Stocks, 2 ports
long tons
Exports, including maple.. _ long tons. .
Prices:
Wholesale, 90° centrif., N. Y.dolls. per lb..
Wholesale, granulated, N. Y_.dolls. per lb._
Retail, granulated, N. Y
dolls, per lb-_
Retail average, 51 cities—relative to 1913..
Cuban movement (raw) :
Receipts at Cuban ports
long tons..
Exports
long tons
Stocks, end of month

long tons

164,
448,
409,
666,

551
326
447
061

None.

98, 160
323, 434
459, 108
308, 961
25

+22.4
+36.5

+.2

+6.0
-21.2
-34.5

.045
.059
.067
135

.045
.056
.066
133

-2.4
—3.5
4 5
-3.0

-8.9
-1.8
4 5
-3.0

157, 420
343, 161
998, 209

208, 474
403, 719
783, 717

+21.9
+16.4
-18.5

-12.5
-13.6
+5.8

58, 371
43, 208
11, 869

64, 224
34, 166
5,364

67, 638
24, 930
10, 313

82, 773
34, 049
11,329

73, 507
46, 775
12, 956

.045
.058
.064
129

.045
.059
.065
131

.043
.059
.067
133

.042
.057
.066
133

.041
.055
.063
129
182, 414
348, 808
829, 437 |

34
78, 069!
43, 230!
17, 297

60, 571
42, 092
8,645

237, 507
123, 340
149, 682
586, 747
224, 869
299, 714
447, 097
287, 561
1, 325, 601 1, 263, 287 1, 127, 054 1, 017, 638

93,0711

346, 818!
457, 961
296, 012

i

Coffee
Imports
Visible supply:f
World
„
United States
Receipts, total, Brazilf
Clearances:!
Total, Brazil, for world
Total, Brazil, for U. S
Price. Rio No. 7. Brazil erades
4
Revised.



thous. of bags

935

839

906

821

5,152
892
1,203

5, 143
775
1,158

5,321
861
1,303

5,734

1,100
1,052
thous. of bags..
1,306
549
thous. of bags..
649
518
dolls. Der Ib .
.154
.157
.157
5 Cumulative through July 31.

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

7, 683 : +10.2

791

1, 007

+15.5

-8.1

6, 973

850
1,168

5, 515 1
793
1,181

4, 537
634
1,258

4,716
825:
1, 605

-3.8
—6.7
+1.1

+16.9
-3.9
-21.5

9,293 :

9,601

+3.3

1,105
598
.165

1,057
548
.173

1,235
666
.142

1,313'

-4.3
-8.4
+4.8

-19.5
-7.9
+24.5

9, 005
4, 721

9, 174
4, 845

+1.9
+2.6

925

595
.139

fSee table on p. 18 of the September, 1928, issue for earlier data.

40

TREND OF BUSINESS MOVEMENTS—Continued
1928

The cumulatives shown are through
August, except where otherwise noted.
Earlier data for items shown here may
be found on pages 28 to 137 of the
August, 1928, "Survey'*

April

May

PER CENT IN- , CUMULATIVE TOTAL
FROM JANUARY 1
CREASE (+) OR
THROUGH AUGUST 31
DECREASE ( — )

1927

June

July

August

July

crease

I (+)
or de-

crease

August,! August,
1928,
1928,
from
from
July, August,
1928 | 1927

August

Perct.
in-

i

1937

cumulative

1928

1928

from

1927

FOODSTUFFS-Continued
Tea
Imports
thous. of Ibs
Stocks, United King., end mo thous. of lbs_.
Price, Formosa, fine. New York dolls, per Ib

4,863
179, 214
.325

7,209
170, 519
.325

8,086
179, 106
.325

6,101
9,467
136, 531 « 146, 631
.345
.345

+13.6
+5.0
0.0

-14.6
+22.1
-5.8

TOBACCO
1
2
1,372,000
1,237, 832
Production, crop estimate
thous of Ibs
Consumption (tax-paid withdrawals):
561, 199
604, 870
Large cigars
_
thousands.. 459, 022 541, 501 575, 996 558, 206 601, 877
Small cigarettes
thousands.. 7,511,408 8, 891, 803 9, 690, 961 9, 723, 647 10,627,344 8, 277, 052 9, 328, 055
30, 602
33, 042
33, 801
34, 981
30, 155
31, 570
35, 337
Manufac. tobacco and snufL. thous. of Ibs..
Exports:
42, 007
20, 252
39, 681
30, 796
26, 833
28, 418
28, 728
Unmanufactured. . thous. of Ibs
479, 166
365, 448
Cigarettes
thousands, . 1, 147. 089 781, 118 1, 032, 268 1, 078, 362 860, 791
587
144
154
72
227
70, 579
Sales of loose-leaf, warehouses thous. of Ibs
66, 810
12. 735
6.492
9.069
11. 643
11. 580
8.786
Price, leaf Kentucky
dolls per 100 Ibs
15. 730

+7.8
+9.3
+16.0

99
4, 195, 923 4, 101, 643
+13^9 ' 64,665,580 70,816,630 1 +9^5
267. 172
-1.0
261, 475

4, 299
223, 464
. 325

4, 755
195, 988
. 325

50, 724

51, 036 I

+.6

; -2.1

291,089 -9.9
7, 563, 664 i +47.3
276, 721 -28.4

+32.5
-6.6
-20.2 +135. 5
+6.0
+27.7 -26.4

322, 955
5, 136, 405
386, 420

-.2

18, 925
59,092
53,655
53, 266
1,517
467, 637

19, 282
5 7, 866
«4,766
48, 858
1,864
787, 686

+ 1.9
-13.5
+30.4
-8.3
+22. 9
+68.4

4, 118, 807
4, 573, 809
813, 709

4, 203, 318
4, 824, 050
880, 979

+2.1
+5.5
+8.3

TRANSPORTATION
River and Canal Cargo Traffic
Panama Canal:
Total cargo traffic.
thous. of long tons
In A merican vessels thous. of long tons
In British vessels
thous. of long tons
Sault Ste. Marie canals thous. of short tons..
New York State canals thous. of short tons..
Cape Cod Canal.. . _
..short tons.
Suez Canal

thous. of metric tons

Welland Canal .
St. Lawrence Canal
_
Mississippi River Qovt. barges
Ohio River, Pittsburgh, Pa., to
Wheeling, W. Va
Allegheny River
.
„
Monongahela River

short tons
short tons..
short tons..

2,474
2, 425
2,292
2,498
2,140
1,154
1,162
1,097
1,212
716
537
535
726
12, 633
None.
19, 298
13, 680
13, 247
124
400
517
414
409
105, 857
120, 261
135, 702
110, 136
148, 691
2, 991
2,538
2,701
52, 469
997, 484 1, 031, 051 1,006,713 1,115,601
56, 931 1, 038, 485 1, 143, 735 1,225,338 1,359,561
112,960
117,929
90, 658 4 112, 248
112, 000

2,450
2,430
1,341
1,390
524
514
11, 660
11, 721
292
390
65, 849
58, 685
2,548
2,477
752, 831 1,011,771
898, 273 1, 128, 517
96, 643
122, 300

+5.8

+3.3 +16.7
+24.9 +32.6
+9.6 +153. 4
+10.8
+11.0
—.2

772, 624
954, 357
931, 641
947,227 1,034,775
951, 562 1, 007, 373
short tons
238, 970
225, 960
short tons
344, 578
316, 859
306, 010
346, 670
333, 279
1,964,311
2,
215,
732
2,
109,
892
1,
990,
824 2, 132, 449
short tons..
2,095,606 3,304,619

+9.2
+13.3
+10.0

+10.3
+20.5
-8.4

+2.7 6, 229, 328 6, 495, 095 +4.3
+4.6 1, 564, 837 1, 742, 918 + 11.4
+5.4
16, 103, 703 16, 977, 530 ;
+8.1

Ocean Traffic
Clearances, vessels in foreign trade:
Total
thous. of net tons
American
thous. of net tons .
Foreign
thous. of net tons

5, 537
2,090
3, 447

5,996
2,837
3,159

7,371
2,847
4,524

9,880
1,488

18, 428
12, 604

10, 719
4,458

252

259

264

7, 781
3, 056
4, 725

8, 377
3, 173
5, 204

7,142
2,649
4,493

7,550
2,916
4,634

25, 184
19, 141

24,352
21, 145

219

216

+7.7
+3.8
+10.1

+11.0
+8.8
+12.3

-25.5
-16.9
-47.4

-6.1
-7.7
-10. 5

-75.0

-94.7

—75.0

-94.6

+7.3
+11.6
+8.8
+13.1
+11. 0
+1.2
+4.2
+6.8

-.4
+4.9
-11.9
-6.6
-3.5
+1.7
-1.5,
+3.3 '

48, 981
18, 825
30, 156

50, 841
19, 640
31, 201

+3. 8

; +4. 3
+3.5

Shipbuilding
Completed during month:
Total
gross tons
Steel seagoing
gross tons
Building or under contract, end of month:
Merchant vessels..... .thous. of gross tons..

256

Freight Cars
Surplus (daily av. last week of monttO :
320, 762
336, 181
Total
cars
304, 152
271, 017
273, 275
214, 985
201, 864
Box
cars
134, 069
143, 264
170, 606
137, 618
154, 437
114, 355
123, 901
108, 833
114, 710
76,554
Coal
cars
140, 091
90, 513
47, 615
53,204
Shortage (daily av. last week of month) :
32
Total
cars .
None.
None.
None.
None.
151
8
Box
cars
None.
None.
None.
None.
None.
None.
None.
32
C oal
cars
8
147
None.
None.
None.
None.
Car loadings:
Total
cars 3, 738, 295 4, 006, 058 4, 923, 304 3, 942, 931 4, 230, 809 3, 913, 761 4 4,4 249, 846
Grain and grain products
...cars _
159, 131
163, 113
172, 234
207, 175
231, 181
185, 907 4 220, 337
125, 933
105, 146
Livestock
cars
106, 860
90, 919
98, 944
112, 294
101, 952
773, 431
Coal and coke
cars
620, 985
670, 821
606, 884
615, 635 44 734, 713
686, 417
257, 316
269, 769
330, 023
239, 751
253, 375 4 275, 856
Forest products
_ _
cars
266, 137
327, 983
252. 013
Ore
cars
41, 055
165, 201
250, 069
253, 085
248, 751
Merchandise and 1 c 1
cars 1, 040, 999 1, 046, 138 1, 260, 705 986, 115 1, 027, 132
989; 402 4 1, 042, 985
Miscellaneous
cars 1,513,663 1, 584, 156 1, 932, 995 1, 562, 018 1, 667, 913 1,515,477 4 1, 614, 910

Ij

33, 684, 647 32, 630, 845 -3-1
1, 462, 670 1, 544, 442 1 +5. 6
928, 848
950, 990
6, 433, 944 5, 706, 884 -1L3
2,311,115 2,211,058 -4.3
1, 301, 094 1, 143, 383 i -12.1
-1.2
8, 663, 796 8, 562, 092 !
-.2
12,560,998 12, 534, 238

Railroad Operations
Operating revenue:
Freight
Passenger
Total operating
Operating expenses

Net operating income

Freight carried -

thous
thous
thous
thous

of dolls
of dolls
of d oils
of dolls

thous. of dolls

mills, ton-miles

355, 965
70, 951
474, 310
363, 381
70, 548
35, 866

391, 116
70, 302
510, 714
381, 836
88, 183
39, 250

370, 268
81, 708
502, 474
375, 086
85, 997
37,304

4

381, 576
82, 722
512, 953
375, 490
95, 226
39, 196

1
!

370, 112
91, 657
4
509, 681
4
383,
912
4
85, 139
4
38, 369

415, 179
91, 691
557, 436
393, 294
118, 226
41,973

4

1
1
1

Railway Equipment
Locomotive (Am. Ry. Assn.):
Owned, end of month—
Quantity
number
60, 373
60, 284
60, 094
Tractive power
mills, of Ibs
2,591
2,595
2,595
In bad order end of month8,563
Quantity
number
8,421
8,006
14.1
Per cent of total in use
per cent..
14.3
13.4
2 Final estimates for 1927.
i As of Sept. 1.




59, 975
2,590

59, 769
2,585

61, 765
2,609

61, 540
2,603

-0.3
-4.1

-2.9
-0.7 !

8,310
14.0 1

7,954
13.4

8,535
14.0

8,502
13.9

-4.3
-4.3

-6.4 i
-3.6

4

Revised.

* Cumulative through July 31.

41

TREND OF BUSINESS MOVEMENTS—Continued

The cuniulatives shown are through
August, except where otherwise noted.
Rarlier data for items shown here may
be found on pages 28 to 137 of the
August, 1928, "Survey"

PER CENT INCREASE (+) OR

19 27

1938

DECREASE (— )

May

April

June

July

August

July

August

August, August,
1928,
1928,
from
from
July, August,
1928
1927

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH AUGUST 31

1927

1938

Per ct.
increase
(+)
or decrease
(-)
cumulative
1928
from
1927

TRANSPORTATION— Continued
Railway Equipment— Continued
Locomotive — Continued.
104
114
-1.7
+9.6
155
139
116
95
96
Installed
number
329 +36.2
320
-2.7
235
331
228
194
Retired
number
32
70
26
20 +118. 8 +250. 0
52
New orders
number
33
Shipments, manufacturers' ( Census)—
34
60
81 -26.1 -58.0
46
41
Total
. .- number
46
71 +21.1 -67.6
19
35
Steam, domestic
number
29
38
6 -20.0 -33.3
1
18
5
Electric, domestic
number
11
10
6
Unfilled orders (railroads), end of mo. —
171 +44.6 -52.6
173
81
From manufacturers
number
83
90
56
112
19
36 +11. 8 -47.2
36
17
In railroad shops
number
30
25
30
Unfilled orders, manufacturers' ( Census) —
+3.0 -43.8
399
363
204
Total
number
201
198
188
220
299
244 +37.8 -44.7
135
109
Steam domestic
number
129
98
138
57
26
68 -55.9 -61.8
Electric domestic
numbe^
39
37
59
41
11 -37.5 +81.8
16
20
Exports, stearn
number, .
15
32
16
5
Freight cars (Am. Ry. Assn.):
Owned, end of month —
-.1 -1.3
Quantity
cars
2, 301, 602 2, 300, 241 2, 300, 6694 2,4 300, 034 2, 299, 159 2, 330, 042 2, 328, 328
211,917
-.7
211, 935
( Capacity
mills of Ibs
210, 234
210, 240
210, 386
+.1
210, 437 210, 482
In bad order, end of month—1.7
145,
590
141,
038
+5.8
Quantity
cars
149, 252
149, 869
145, 210
151, 359
151, 867
-1.5 +6 5
6.3
6.2
6.6
Per cent of total in use
per cent-6.5
6.7
6.7
6.7
1,066 +149. 8 -28.0
767
1,459
New orders _ _
- .-__.cars _
2,286
2,354
307
5,683
Shipments+6.7
-.4
5,544
5,317
5, 295
Total
-.- _ _ .-. --.cars
5, 147
5, 908
4,963
4,568
+7.2
5,528
5,270
Domestic
cars
5, 261
5,115
4, 324
5, 854
4,908
Unfilled orders (railroads) —
18, 303
18, 096 -39.6 -54.8
8,177
Total
cars
12, 446
13, 531
19, 325
17, 847
13, 545 -45.3 -58.1
From manufacturers
cars
5,673
12, 385
9,316
10, 371
17, 589
14, 168
4,541 -20.8 -44.9
In railroad shops
cars
2,504
5,918
3,679
3,130
3,160
1,736
Passenger cars:
69
36
589
New orders
cars
19
153
57
142
Shipments119
152 +19.5
-3.3
Total
cars
147
95
123
23
51
-1.4
119
146 +17.1
144
Domestic
..
cars
95
123
34
18

»
11

1,299
2,221
476

995 -23.4
2,009 -9.5
241 -49.4

711
487
109

394 -44.6
257 -47.2
85 -22.0

171

133 +668. 8

44, 465

23, 400 -47.4

39, 249
38, 740

30, 136 -23.2
29, 761 -23. 2

996

1,702 +70.9

760
720

671 -11.7
604 -16.1

Passenger Travel
National parks:
Visitors
__
number
\utomobilcs entered
number
Arrivals from abroad:
Immigrants
number
United States citizens
number
Departures abroad:
Emigrants
number
United States citizens
number
Passports issued
number. _
Pullman company operations:
Revenue
thous. of dolls
Passengers carried
thousands
Hotel room occupancy
per ct of capacity

-9.7
-11.8

542, 544
113, 626

492, 016
98, 449

23, 420
29, 935

28, 418
57, 701

9,866

9,230
65, 686
14, 831

6,322
43, 039
10, 269 -37.5

63

7,379
3,234
62

7,528
3,428
66

67, 676
15, 019

64, 573
14, 232

65, 758
14, 972

11, 169
14, 036
1,906

10, 618
13, 375
1,428

10, 104
12, 656
1,417

11, 241
13, 894
2 000

180, 122
67, 675

178, 000
66, 000

173, 000
61, 000

161, 638
53, 980

162, 647
53, 551

797, 279
8,057

760, 509
8,081

728, 849
8,097

733, 470
7,944

745, 769
7,952

71, 679
12, 426

] 25, 102
23, 341

271,621
60, 324

553, 394
111,642

30, 709
32, 586

26, 158
28, 407

20, 419
27, 201

20, 682
32, 974

4,515
29, 506
27, 098

6,240
34, 993
37, 648

7,205
53, 028
29, 674

7,804
68, 463
15, 776

6, 515
2,713
73

6,313
2,614
69

7, 432
3, 095
64

7,279
3,073
60

69. 8

68.6

67.2

67, 337
17, 386

69, 277
17, 448

68, 783
16, 941

10, 569
13, 205
1,805

11, 333
14, 162
2,258

181, 144
68, 971
771, 816
8,041

499, 633
98, 523

+1.5
+.1

1, 665, 225
321, 314
s 182, 640
5 185, 726

+5.0

5

-.3

s 34, 817
250, 985
148, 910

1, 687, 702
322, 787

+1.3
+.5

5

163, 272 — 10.6
s 207, 235 +11.6
* 40, 726 +17.0
« 277, 348 +10.5
155, 263 +4.3

& 46, 980
* 20, 194

«fi 47, 026
19, 569

+.1
-3.1

5 452, 907
5 112, 122

5 471, 786
6 116, 560

+4.2
+4.0

« 72, 854
s 90, 464
12, 136

5
74, 334
s 93, 019
« 11, 771

+2.0
+2.8
-3.0

-4.5

Warehouses
Public merchandise warehouses,
space occupied
per ct of total

4

66. 4

PUBLIC UTILITIES
Telephone companies:
Operating revenue
thous. of dolls. .
Operating income
thous of dolls
Telegraph companies:
Commercial telegraph tolls.. thous. of dolls. _
Operating revenue
thous of dolls
Operating income
thous of dolls
Gas and electric companies:
Gross earnings
thous. of dolls
Net earnings
thous of dolls
Electric railways (212 companies):
Passengers carried
thous. of persons..
Average fare
cents
Electric power production:
Total
mills, of kw hours
By water power
mills, of kw. hours
By fuels
mills of kw hours
In street railways,
manfg. plants, etc. f. .mills, of kw. hours
In central stations f
mills of kw hours
Electric power production (Canada):
Total
mills, of kw. hours
By water power
mills of kw hours
Exported
mills of kw hours
Electric power, gross revenue
thous. of dolls
5 Cumulative through July 3},




4
4

6,853
2,949
3,904

428
6,425

1,263
1,246
122
153. 800

4

4

-1.3

6, 272, 858

6, 199, 555

-1.2

6,477
2,428
4,049

6,693
2,411
4, 282

« 45, 888
s 17, 633
5 28, 255

8
49, 510 +7.9
« 20, 495 +16.2
« 29, 016 +2.7

372
6, 637

381
6, 755

452
6, 025

460
6,233

5 3, 172
s 42, 716

5
3, 134
s 46, 376

1,234
1,220
127
149, 500

1,243
1,228
130
146, 400

4

4

+1.0

7,136
3,072
4,064

408
6, 722

1,271
1,255
135
150, 300

« 1, 226, 216 5 1, 283, 950 +4.7
5 445, 318 5 489, 767 +10.0

7, 009
3, 103
3, 906

4
4
4

7, 130
3, 187
3,943

4

736, 223

5

Revi sed,

t

See

1,104
1,229
1,214
1,090
157
138
134, 300
135, 600
table cm p. 18 of the Septen.iber,

1928,

-1.2
+8.6

« 7, 785
5 8, 936 +14.8
5 7, 680
* 8, 818 +14.8
5919 5
«897 -2.4
s 1, 013, 200 9, 595, 400J +847. 0
issue fo r earlier dat a.

42

TREND OF BUSINESS MOVEMENTS—Continued
l
j

1928
The cumulatiues shown are through
August, except where otherwise noted.
Earlier data for items shown here may
be found on pages 28 to 137 of the
August, 1928, "Survey"

DECREASE (— )

April

May

June

July

August

__

July

Perct

PER CENT INCUMULATIVE TOTAL
CREASE (+) OR i
FROM JANUARY 1

1927

(-JL)

!
i
i
i
!
i
!

or decrease
'
(-)
cumu! lativr;
; 1928
i fron!
' 1927

August, August,
1928,
1928,
from
from
July, August,
1928
1927

August

{n.

crease

THROUGH AUGUST 31

1927

"

1928

EMPLOYMENT AND WAGES
Employment in factories:
80.4
Massachusetts
rel to 1919-23
82.9
New York State
rel to 1923
90
New Jersey
rel. to 1923
80
Pennsylvania
rel to 1923
74
Delaware
rel. to 1923
88.5
Maryland
rel to 1924
120.5
Iowa
rel to 1923
82.6
Illinois
rel. to 1923
91.8
Wisconsin
rel. to 1923
116.3
Detroit
- - rel. to 1923 .
76,
118
Cleveland
- -.number .
253, 390
Detroit
... -..number..
36,
871
Milwaukee
- - number..
458, 640
New York State
.
number. .
26, 205
Oklahoma . .
_
number.
Total pay roll:
New York State (weekly )...thous. of dolls..
13,200
709
Oklahoma (weeklv)
_"
thotis. of dolls...
97. 6
Wisconsin
rel . to 1 923 . .
87. <
New York S t a t e
rel. to 1923
90
N ew Jersey
rel . to 1 923 _ .
80
Pennsylvania
rel. to 1923
Delaware
rel . to 1923
10f>. 5
Employment, Canada
rel. to Jan. 1920. .
Kmployment, trade-unions:
84.0
United Stales
per cent of total .
94. 8
Canada
per cent of total
Anthracite mines:
Employment
rel. to 1923-25
112.3
86.1
Pav roll
rel to 1923-25
Federal civilian employees, Washington D C end of month
number
61,311
Average weekly earnings, factories:
28. 28
Illinois
dolls
New York State
dolls..
28.78
25.49
Wisconsin
dolls
27.04
Oklahoma
dolls
230.4
Massachusetts
rel to 1914
230.6
New York
rel. to 1914..
108
New Jersey
rel to 1923
99
Pennsylvania
rel. to 1923
99
Delaware
rel. to 1923
104.5
Illinois
rel. to 1923
106.3
Wisconsin.
rel. to 1923..
Average weekly earnings (National Industrial
Conference Board):
27. 19
Grind total (both sexes)
dollars
30.25
Total male
dollars
31.82
Skilled male
dollars..
24.47
Unskilled male
dollars. .
16.69
Total women
_
_. .dollars..
Average weekly hours:
49.3
Nominal (both sexes)
hours
47.4
Actual (both sexes)
hours
Wages, road labor, by districts:
New England
cents per hour
50
46
Middle Atlantic
cents per hour
South Atlantic
cents per hour
23
26
East South Central
cents per hour..
West South Central
cents per hour
27
41
East North Central
cents per hour
36
West North Central
cents per hour
46
Mountain
..cents per hour_.
Pacific
cents per hour
53
United States, average
cents per hour..
40
Wage rates, U. S. Steel Corp cents per hour__
50
125.5
Wages, steel sheet workers
per cent of base..
Applicants per 100 jobs, employment agencies:
United States
number
137
146
Eastern States
number
147
Central States
.. . number
Southern States
number
219
Western States
number
69
120
Canada
number

75.4
82.0
90
80
87.8
121.5
83.2
91.8
119.0
76, 556
259, 073
36, 777
453, 683
26, 553

73. (»
82.2
90
80
74
86. 5
124.1
85.1
92.9
120.6
76, 580
262, 651
36, 922
454, 952
27, 888

72 9
* 8L 5
90
79
75
85.6
123.3
83.4
96.8
125.7
76, 679
273, 796
37, 314
451, 125
29, 405

13,241
702
99. 9
87.8
98
83
79
112.4

13,413
743
104.8
89. 0
98
83
78
110.3

13. 149
793
98.7
87. 2
90
76
74

87.0
96. 3

89.0
96. 8

88.0
97. 5

115.9
122.1

113.8
92.8

61,422

1 19. y

74.2
82.5
91
81
74

83.9
85.1
93
84
73
90.7
117.2
84.3
97.1
92.8
75, 329
202, 156
35, 337
470,811
lit), 173

124.0
85.6
97.9
134.7
78, 420
293, 457
37, 385
456, 303
31,137
1 3, 4 1 1
877
1 08. 7
89.0
99

?oJ

13,C>32
814
98. 1
90. 4
9«
81
74
1 (Jit. i>

85.9
85.7
93
84
71
92.4
118.7
85.5
98.7
94.4
74, 500
205, 525
35, 361
474,424 i
30, 718 1

+1.8
+1. 2
+1.1
+2.5
-1.3

-13.6
-3.7
-2.2
-3.6
+4.2

+.6
+2.6
+1. 1
+7.2
+2.3
+7.2
+.2
+1. J
+5.9

+4.5
+.1

1 3, 898 ;
+2.0
819 ! +10.6
106.9 1 +10. 1
92. 2
+3. 1
101 :
85 !
+ y - r.

; +2. i

+42.7
+5.3
+42. 8
+5. 7
-3.8
+ 1.4

r!5 r.T-... ....'. ~.'.'.'.'.'..'.. "\ :

+3 4

96. 7

96. 31

105.1
62.0

116.9
86.3

117.1
90. 5

61, 388

61, 650

60, 433

60, 413

28.82
29.19
24.07
26.44
232.9
233.9
110
103
104
106. 5
108.8

29.28
29.48
27.03
26.24
234.1
236.2
110
102
103
108.2
112.8

27. 45
29, 15
24.45
26.97
234.1
233.6
108
96
98
101.4
102.0

28. 32
28. 95
24.22
26.98
229.1
232.0
106
96
99
104.6
101.0

28. 61
29.29
25. 94
26.66
236.4
234.7
109
101
102
105.7
108.2

27. 23
30.07
31.44
24.98
16.87

27.30
30.35
31.74
25.17
17.01

27.09
29.95
31. 35
24.69
17.07

26. 82
29. 27
30. 74
23. 95
17.08

27.16
29.76
31.33
24.08
17.26

49.4
47.8

49.7
47.7

49.6
47.5

49.7
47.3

49.5
47.8

49
42
28
27
29
38
37
49
51
40
50
125.5

48
42
26
26
30
37
36
45
53
40
50
125.5

47
43
25
27
38
36
44
53
40
50
125.5

48
41
34
25
29
39
38
50
53
42
50
125.5

50
47
30
25
30
37
37
45
54
39
50
125.5

49
47
27
26
28
38
37
46
54
39
50
125. 5

+2.1
-4.7
+25.9
0.0
+7.4
+2.6
+5.6
+13.6
0.0
+5.0
0.0
0.0

-2.0 L.
-12.8
+25. 9
-3.8
+3.6
+2.6
+2.7
+8.7
-1.9
+7.7
0.0
0.0

128
138
135
204
66
114

121
147
161
221
66
118

137
151
150
174
80
113

129
223
122
121
69

134
145
152
118
87
121

129
137
156

-5,8
+47.7
-12.0
-30.5
-13.7

0.0
+62.8
-15.4
p
-1.4

42.1
28.7
8.4
5.0
47.2

39.5
27.1
7.5
4.9
41.3

<38.0
<27.2
5.9
<4.9
4
46. 9

41.6
31.9
4.7
5.0
53.4

35.7
24.4
6.0
5.3
37.8

36.4 i
23.0 j
8.5 !
4.9
39.6

+9. 5
+17.3
-20. 3
+2.0
+13.9

+14. 3
+38.7
-44.7
+2.0
+34.8

28.15
234.6
235.5
109
102
102
107.6
111.0

!

4

Revised.




basis)
basis)..
basis)
basis)..
basis)

37.9
25.4
7.5
5.0
41.3

474
70
<68
67
number
134, 494
« 134, 382 < 136, 094 4 134, 963
number
number.. < 4. 884, 430 « 3. 526, 608 * 3. 586. 110 3, 368, 219

" ." "

1 09. 7

91.0

29. 13
29. 39

..... .

+ J.3

!

+6.1
+.8
+4.4
-.1
+.8
+.9
+6.3
+4.1
+6.1
+8.8

+1.8
+.3
+

-8
+^3
0.0
+1.0
0.0
+1.8
+2.6

Factory Labor Turnover

(annual
(annual
(annual
(annual
(annual

1

-3. 5
+7.1
-i-J.7

(Percentage of number on pay roll)
Departures:
Total
per cent
Voluntary quits.. _per cent
Ijay offs
per cent
Discharges
per cent
Accession^
per cent
Industrial disputes:
Disputes
Workers involved
Man-davs lost in month

. ; .. .

<63
<53
* 199, 287 4 198, 444
* 5. 308, 123 44,999.751

\
;

i
... .... .

.

43

TREND OF BUSINESS MOVEMENTS—Continued

The curnulatives shown are through
August, except where otherwise noted.
Earlier data for items shown here may
be found on pages 28 to 137 of the
August, 1928, "Survey"

PER CENT INCREASE (+) OR

1927

1928

DECREASE (— )

April

May

June

July

July

August

August

August,! August,
1928, | 1928,
from 1 from
July, | August,
1928
1927

CUMULATIVE TOTAL !
FROM JANUARY 1 |
THROUGH AUGUST 31 j

1927

1928

Per ct.
increase
(+)
or decrease
(-)
cumulative
1928
from
1927

DISTRIBUTION MOVEMENT
Retail Sales
Mail-order bouses:
Total sales, 2 houses
thous. of dolls,.
Sears, Roebuck & Co
thous. of dolls,.
Montgomery Ward & Co.. . thous. of dolls..
Ten-cent chain stores:
Total sales (4 chains)
thous. of dolls..
Total stores operated (4 chains). . number, _
F. W. Woolworth & Co
thous. of dolls..
Stores operated
number
S. S. Kresge Co
..thous. of dolls...
Stores operated
number
McCrory Stores Corp
thous. of dolls..
S. H. Kress & Co...
Stores operated...
Metropolitan
Stores operated
F. & W. Grand „ .
Stores operated. ..
\V. T. Grant Co
Stores operated
Restaurant chains:
Childs Co., sales

thous. of dolls..
_ .number. .
thoUvS of dolls
number,.
._ I hous. of dolls, .
number. .
f hous. of dolls...
number. _
_

[hous. of dolls. _

J. R. Thompson Co., sales, thous. of dolls..
Stores operated
numbpi*
Other chain stores:
Isaac Silver & Bros
thous. of dolls..
Stores operated
number
Stores operated
number
J. C. Penny Co
thous. of dolls..
Stores operated
number
United Cigar Stores Co
thous. of dolls..
Stores operated
number
A. Schulte (Inc.)
thous, of dolls
Stores operated
number
G. C. Murphy Co
thous. of dolis
Stores operated
number
Installment sales in New England dept. stores;
ratio to total sales
per cent

40, 100
24, 159
15, 941

40, 074
24, 203
15, 871

44, 848
25, 669
19, 179

40, 253
26, 276
13, 977

45, 994
28, 986
17, 008

32,967!
20, 961
12,006

37,795
23, 970
13,825j

39, 765
2,476
21, 937
1,624
10, 784
445
3,060
222
4, 984
I8f.
918
93
1,172

42, 234
2,488

3, C.f)C>
172

22, 997
1, 634
11, 340
449
2, 974
221
4, 923
184
972
93
1, 153
66
4, 0%
175

42, 097
2,509
22, 400
1,652
11,834
450
3, 097
223
4,766
184
1,027
94
1, 259
70
4, 366
181

38, 764
2,526
20, 592
1,658
10, 583
460
2,950
224
4, 639
184
908
96
1,205
73
3,731

41, 050
2,552
21,812
1,675
11, 272
468
3,116
224
4,850
185
985
97
1, 236
74
3, 996
191

36, 901
2, 335
20, 175
1,546
9,791,
404|
2, 877
213
4, 058
172
SG-1
SO
9131
53
3,018
\'>\

^39, 514i
2, 349;
21, 400
1,552
10,513!
409'
3, 037
214
4, 564;
174
'J65
90
9471
54
3,114
'26

2, 171
118
1, 207
119

2, 132
116
1,256
120

2, 040
117
1,209
12.1

2, 012
109
1, 163
121

2,217
116
1,190
121

2, 2fyG
118
1.155
113

512
23
2,185
20
12, 993
945
6, 242
3,151
1, 915
298
930
111

469

1,526
20
14, 830
953
6, 959
3,182
2,036
291
896
115

516
25
1,170
20
14, 129
953
6,740
3,206
2,075
298
881
116

462
26
991
20
11,734
953
6, 334
3,226
1,846
300
796
116

460
26
1,416
19
12, 886
981
6,627
3,271 !
1,912 1
300 !
873 !
116

415.
21
1,066>
17j
10,442i
842
6, 593 i
3, 115i
2, 4471
296
735
103!

394
21 i
1,706
17
4
11, 000
854
6, 447
3, 143i
2, 225'
297
736
107

4.8

5.0

4.6

5.7

1

6.0

11.2

2, 812
107, 1 15

2, 571
105,928

2, 139
98, 272

1,755
81,244

2,279
83, 354

30, 758
3, 348

31, 588
3,276

29, 990
3,094

26, 508
2,956

27, 951
3,115

10, 941
84, 068

11,014
86, 110

11, 145
85, 280

9,627
76, 227

3,417
33, 967
171,028

3,461
35, 277
199, 409

3, 382
34, 263
210, 957

3, 180
32,812
214, 558

4

2, 462
ily.
1,183'1
114

+3. 9
+8. 6
+1. 9
+7. 9
+7. 2
+14. 4
+2.6
+4. 7
+6. 3
+6. 3
+2. 1
+7.81
+30.5
+37, 0'
] -28. 3
+51.6

289, 423

328, 913 +12.4
201, 361 +15.3
127, 552 +8.0
!
311,62l| +7.7

158, 346

167, 692

+ 10.2! —10.0
+6.4! -2.5
+2. 3!
+. 6;
0.0
+6.1J

+14.3' +21.7
+10. 3! +20. 9
+21. 7! +23. 0

+5. 9 j
+1. Oi1
+5. 9
+1. 0
+6. 51
-4-1. 7!
+5.6!
0. 0;
+4. 5|
+. 5!
+8. 5:
+].()!
+2.6!
+ 1.4!
+7. .1 !
!

292, 725
174, 657
118, 068

+5.9

76, 206

84, 646! +11.1

22, 889

23, 556!

31, 982

36,727; +14. 8

+2.9

6, 736

7, 166J

+6.4

7, 247

8,854

+22 i:

23., 197

29,019

+25. I

19,222

17,3911

-9.5

9, 517

9, 669

+1.6

3,599 +16. ;;

3, 094

-. 4|
0.0'
+42.9!
-5.0!
+9. 8!
+2. 9!
+4. 6|
+1.4J
+3. 61
0.0!
+9. 7;
0. 0!

+16. 8!
+23 8l
-17.0!
+11.8;
+17. 1
+14. 9
+2. 8
+4.l!
-14. 1
+1.0
+18. 6'
+8. 4

2, 128
81, 316

+29.1);
+ 2.6!

+7.1
+2.5

7

20, 038
788, 836

7

20, 986
766, 076

±2! I

26, 300:
2, 988

28, 478^
3, 197;

+5.4J
+5.4|

-1.9!
_2.6|

239, 815
25, 847

242, 202
26, 379

+1.0
+2.1

10, 183
81, 180

9, 529 1
76, 970 \

10, 120
82, 538

+5. 8!
+6.5!

+. 6
-1.6|

86, 138
676, 814

86, 379!
662, 722!

+.3
-2.1

3, 165
32, 886

2, 994
32, 759
99, 589:

3, 162
32, 234
102, 051

-.5;
+.2'

+.li
-1.0!

26, Oil
269, 593
356, 262

+14.5
-5.2
+15.2)
-l.Oj

1, 783, 553
6,419,211
1, 407
8, 207, 171

1, 953, 897
6, 953, 191
1,392
8, 908, 640

+9. 6
+8. 3
-1.1
4-8. 5

-1.6
-19.3

9, 117, 412
311,648

9, 224, 033
316, 945!

+ 1.2
+ 1.7

-0. 8
-8. 4
+29. 4
-1.2

5, 354, 242
1, 736, 923
501, 687
7, 593, 452

5, 516, 356 +3. 0
1, 811, 049 +4. 3
708, 367J +41. 2
8, 035, 772! +5.8

+4.3
+2. Oj
+7.1
+3. 8

1,154,817
369, 052
43, 626
1, 567, 495

1, 246, 918j +8.0
411, 454! +11.5
62, 139 +42.4
-f 9. 8
1,720,511

11,447

10, 525

82, 208

96, 334! +17. 2
+.2

50, 875

50, 968;

19, 336

15,665 -19.0

5, 659

6, 435! +13.7

Advertising
Magazine advertising for the
following month
Newspaper advertising

thous. of lin^s
thous. of lines

4

1 , 734
84, 143!

4

Postal Business
Postal receipts:
50 selected cities
thous. of dolls..
50 industrial cities
thous. of dolls..
Money orders:
Domestic paid (50 cities) —
Quantity
number
Value
thous. of dolls..
Domestic issued (50 cities) —
Quantity
number
Value
thous of dolls
Air mail, weight dispatched
pounds. _

27, 125 +4. 3
273, 138 +1.3
1, 267, 533 +255. 8

BANKING AND FINANCE
Life Insurance
( Association of Life Insurance Presidents')

!

i

Policies, new (45 companies) :
-2.1J
Ordinary
number of policies..
216,956! 211,482
276, 180
298, 845
242, 065
228, 861
247, 376
-1.8!
839, 453
Industrial
number of policies
840, 312
740, 371
732, 665! 781, 361
980, 796
753, 773
Group
. _
_ number of contracts
159
159
-6.51
172
190
161j
138
170
-1.9
1,
139,
347
949,
782
992,
981
Total
number of policies and contracts.. 1,209,816 1, 115, 805
1,001,319
982, 595
Policies and certificates issued:
978,721 1,023,331
Total policies and certificates
number,. 1,246,362 1,164,472 1, 101, 052 1,040,054 1,007,041
-3.2|
29, 100|
30, 488 -36.8
24, 605
Group insurance certificates
certificates..
36, 705
48, 839
51, 895
38, 905
Amount of new insurance (45 companies):
Ordinary
thous of dolls
749, 297
767, 865
638. 866
625, Sio!
-5. 3
706, 852
655, 131 620, 220
-0. 7|
259, 962
214, 882
200,835
211,1571
Industrial
thous. of dolls. _
216,396
194, 642
193, 365
54, 229
43, 977
-23. 3!
Group
thous of dolls
113,711
74, 196
56, 926 i
62, 007
205, 195
-5.8i
Total insurance
thou« of dolls
1, 028, 821 1, 170, 888 1,096,458
923, 969
893, 930
880, 644
870,511
Premium collections (45 companies) :
-6.2
154, 916
157, 836
165, 718
152, 862
143, 386
140, 517
137, 510i
Ordinary
_ _ _ _ _ _
thous. o f dolls..
47. 108!
49, 220
-5. 4!
Industrial
thous. of dolls..
50, 691
53, 072
50, 228
52, 184
51, 509
5,574
5; 123
5, 327
-21.81
Group
thous. of dolls
5,928
5,930
7,295
5, 705
-6. 5
211, 999
213, 230
199, 319
192, 748
192, 057
Total
thous. of dolls..
214, 455
223, 832
Admitted life insurance assets (41 companies):
+.8
12, 001
12,197
12, 406
11,078
11,172
Grand total
mills, of dolls
12, 107
12, 312
Mortgage loans_[. g!
4, 847
4, 898
5, 241
5,292
5,338
5,382
5, 199
Total
mills, of dolls. .
+.1
1, 620
1, 622
1,602
1,601
1,600
1,601
1,602
I^arm.
mills of dolls
+ 12
3, 227
3, 276 1
3,737
3,780
3,640
3, 692
3,597
\11 other
mills of dolls
7
Cumul atlve through Sept. 3 3.
* RevisBd.




+11.0
-j-Q ()!
-1.2
+15.4

44
TREND OF BUSINESS MOVEMENTS—Continued
loss
The cumulatives shown are through
August, except where otherwise noted.
Earlier data for items shown here may
be found on pages 28 to 137 of the
August, 1928, "Survey"

C U M U L A T I V E TOTAL
FROM JANUARY 1
THROUGH AUGUST 31

PfcR CENT INCRKASE (+) OR
DECK EASE (--)

19 37

' Forct.
Jn_
riTafC
( -L )

or <!<••
x\pril

Jim* 1

May

:

July

August

i

.lulv

\ugust, ! August,
1928,
1928, '
from
from
July, j August,
1928 ! 1927

August

1

192S

1937

etPR:'ft
(— )
rUuiUlative
1928
from
1927

BANKING AND FINANCE— Continued
Life Insurance— Continued
Bonds and stocks (book value):
Total
mills, of dolls
GnvpmTnflnt
mills of dolls
Railroad
mills of dolls
Public utility
mills of dolls
All other
mills of dolls
Policy loans and
premium notes
mills of dolls

4,563
943
2,359
1,064
197

4,605
928
2,372
1,097
208

4,621
905
2, 3901
1, 112
214;

4,665
916
2, 397
1, 128
224

4, 704 i
927
2,411!
1, 138 j
2281

4, 152
920
2,234
850
148

4, 192
923 ;
2, 242 i
876
151

+. 81 +12. 2
+1.2
+.4
+ 6 +7 Si
+. 9' +29. 9
+1.8 +61.0!

1,426

1,442

1, 459

1, 472

1,486

1,316

1,327

+1. 0

Sales of ordinary life insurance (81 companies) :
United States total
thous. of dolls_
Eastern manuf. dist
thous. of dolls..
Western manuf. dist.__thous. of dolls..
Western agric. district. -thous. of dolls. _
Southern district
thous. of dolls
Far western district
thous. of dolls..
Canada total, 15 companies.thous. of dolls. .
Banking
Check payments:
New York City
mills of dolls
Outside New York City
mills, of dolls..
Canada
mills of dolls
Federal reserve banks:
Bills discounted
mills of dolls
Notes in circulation
mills, of dolls
Total investments
mills, of dolls...
Total reserve
._ .. _. .mills, of dolls
Total deposits,
mills, of dolls
Reserve ratio
„
percent
Federal reserve member banks:
Total loans and discounts. ..mills, of dolls_.
Total investments
mills, of dolls
Net demand deposits
mills, of dolls
Brokers' loans, end of month:
To N. Y. Stock Ex. membersTotal
mills, of dolls..
Ration to market value
per cent..
By New York F. R. member
banks
mills, of dolls
Interest rates:
Time loans, 90 days
..per cent
Call loans, renewal..
.
per cent
Prime com. paper (4-6 mos.)
per cent..
Prime bankers' acceptances
per cent__
N. Y. Fed. Res. Bank (redisc.)_.per cent..
Federal land banks
per cent _ .
Intermediate credit banks
per cent..
Deposits, New York State savings
banks, end of month
mills, of dolls..

+12. 0

|

(Life Insurance Sales Research Bureau)

1

+. 2 +3. 0
0. 0 +4. 5
-.1
+5.7
-3.1
+.6
+1.4
-.3
+5.2
-.4
-12.1 +13.4

5, 678, 778!
2, 372, 293
1,272,760;
852, 159
692,831
578, 735
325, 198,

769, 263
314, 944
165, 567
119, 317
94,128
75, 307
46, 718

834, 557
343, 822
180, 589
128, 946
99, 513
81, 687
49, 870

805, 695 '
333, 895;
176,121:
121, 089
96, 796 1
77,794'
51, 844

700, 939
273, 188
163,694
107, 659
85, 056
71,342
49, 492

702,275
273, 055; [
163, 568 i
104, 287 i
86,288i;
75, 077i
43, 503

680,076
267,873
151, 721
105, 250
86,058
69,174
39, 962

681, 654
261, 413
164, 708
103, 638
86, 549'
75, 346
38, 360,

41, 778
25, 225
1,729

45, 270
26, 346
2,279

45, 455
27, 029
1, 746

35. 085
23, 897
1, 896

35,102!:
23,40l!i
1,813;

30,750
22,932
1,476

Cl, ()*>
« 22, 01<"
1,47

757
1,591
656
2,868
2,494
70.2

944
1, 593
525
2,757
2, 408
68.9

l,19l'
1,660
430
2, 693 1
2, 459 '
65. 4

1,080
1,613
278
2,750
2, 402
68. 6

1,030
1,651
394
2.7C5
2, 325
69. 5 i

39S
1,002
550
3,181
2, 330
79. 7

401
1 ( (
14
2 311
7S

15, 951
6,637
13, 946

15, 893
6,683
13, 628

16, 089;
6, 647
13, 574;

15, 861
6, 589
13, 186

15, 729| i
6,405"
12, 871 |

14,488
5,992
13, 200

14, 0 >7
5 Q27
1 \ 340

4,908
8.95

5,274
9.46

4, 898'
9.25

4. 837
9.00

5,051
8.80

3,642
8.10

3, 674
8. Of.

4,282

4, 469

4,307

4,259

4,235

3,141

3,181

-.f>!

4.94
5.08
4.38
3.75
4.00
5.06
4.60

5. 25
5.70
4.50
4.00
4.50
5.47
4.60

4. 09
6.2]
4.88:
4. 07
4. 50
5. 47
4. 60

6. 00
6.05
5.13
4. 25
5. 00
5. 04
4. 75

6. 2,r
6. 87
5. 38 :
4.63!'
5. 00
5.04
4.92

4, 44
4, 05
4. 25
3.50
4. 00
5.19
4.50

4.13
3 68
4. 00
3.13
3. -"fi
5 1~
4. f 0

+4. 2

f r >]..°<

4-4. U.
+8. 9
0 o
0 0

+34. ."
-r47. <
+4° 9
-2 5

4,262

4, 253

4, 307

4, 282

4,298|!

,02" ;

4,035

17, 848
45, 740
169, 965

17, 756
41, 438
164, 932

17,604
44, 162
678, 927j

17,52}
44, 591
154, 859

17, 648
52,797.'
173,495',

18, 463 1
50,481
173, 97C

18, 380:
52, 982
202, 182;

+ .7 - 1 0
+ 18.4!
-.3
390, 146
+ 12.0; -14.2 2, 474, 027

301,110
2, 380, 762

—7.4
-3. 8

326, 709

217, 091

404, 607 !

278, 620

308,594;

203, 57f

259,181

+ 10.8

+19.1

2, 143, 105

2. 300, 304

+7. 0

4,748
40.20

4,744
40.12

4, 797:
40. 52

4, 701
39. 67

4,800!

4, 854;
41.42

+2. 2:

-1.0

j

4,84f
41.41

65, 166
825, 907
5,319
96, 469
4,266

75, 983
886, 186
1,968
83, 689
4,160

70, 205
862,363
20,001:
99, 932:
4, 109

72, 676
867,211
MO, 331
74, 190
4, 113

i'
98,709
891,000
2, 44 1
1,698
4, 125

91,42*S")1,S61
10, 7.tt
1,805
4, 58C

91,21.',
803, 3 T
7.877,
1,521
4 5SV

4-35. 0
4-8. 2
+2. 7: +3. 2
-70. 3i -09. 0
-97.7
+11.4
+ 3
10 1

605, 109
6, 733, 485
179,987
33,198

590,414 - J . 4
6, 870, 037 +2. 0
90, 953 —40. 1
531,400

4,668
1,388

4,574
1,222

4,945 !
1, 401

"3,915
* 2, 389

4, 499; i
2, 252:

4, 83^
1, 75i

5, 145
2,388

+ 14.9 -12.6
— 5.7; —5.7

39,716
13,580

37.404
I 9 8°6 :

128
550
4,888
6,587
.574

133
456
4,247
6,712
.603

479
707;
6,221:
7, 456!
. 600i
i
|

263j j
7201 !
6, 496
9, 240
. 589!

904
84"
4, 28?\
6, 65()
. 56'

508;
624!
4.850:
5, 590:
. 547!

+33.8
+65.4

30, 1 40
50, 232

41493 ;~+23.~l
57,737 +14.9

34, 985
13, 236
16,049
5,700
1,556

36, 117
14, 230
18, 900
2,987
3,707

27, 978
12, 723
13, 781
3, 324
1, 681,

58, 202
16, 877!
19,096
22, 229
2,589;!

43, 15()
16, 74[
16,83SI
9, 57,
1 S 82"r,

39, 196; +96. 7 +48. 5
14, 921 i +30. 5 +13. 1
14, 702 +48. 0 +29. 9
9,573! +492.0 +132.2
•> 1, 692! +84. li +53. 0

363, 874
137, 213
167, 803
58, 858
16, 137

5,985,352'!
2,462,924!
1,325,302
904,047 ;
708, 607
584,457
374, 109

+3.8
+3.8
+4.1
+6.1
+2. 3
+1.0
+15. 0

1

4

p o

+10
7

-14

t i Oj

4 \
i J t
14-'

1 <M
-1 >
40 I

251, 877:
183, 510:
11,802;

318, 100 +26. 3
198, 507 +8, 2
14,811 +25.5

\ ! ~ 1J -

i J
-

11 2
8

-t-7 0

0 §

-1^1

-21

-30

+4.4I

+37.5

-2.2J

+9.2

!

+.TK

_!_];• f), ^v, 7

+3 6
+ .4 :

+° 3
+6.."(

Public Finance
Government debt, gross, end mo .mills, of dolls..
Customs receipts
thous. of dolls..
Total ordinary receipts
thous of dolls
Expenditures chargeable to
ordinary receipts.
thous. of dolls..
Money in circulation, end mo.:
Total
mills, of dolls
Per capita
.dolls
Gold and Silver

Gold:
Domestic receipts at mint fine ounces..
Rand output
fine
ounces..
Imports
thous of dolls
Exports
.
thous. of dolls
Monetary stock, end mo
mills, of dolls..
Silver:
ProductionUnited States
thous of fine oz
Canada
thous of fine oz
Stocks, end of monthUnited States
thous. of fine oz.
Canada
thous. of fine oz
Imports
thous. of dolls..
Exports
thous of dolls
Price at New York
dolls, per fine oz
Business Failures
Liabilities (United States) :
Total commercial ...
thous. of dolls
Manufacturers
thous. of dolls..
Trade establishments.. thous. of dolls..
Agents and brokers
thous. of dolls. _
Liabilities (Canada)
thous, of dolls..
« Revised,




262
430
6,544
6, 16C
. 592

29, 587
12, 932
12, 899
3, 755
1, 406

I

4- 4! —48 2
+67. 4 ; +15.4

-.7
+50.1

-. 5

+7. 7

334, 388
118,032!
158, 309 |
59,896;
25, 029 .j

-5.8
5 6

-8. 1
-14.0
-5.7
+1.8
+55.1

45
TREND OF BUSINESS MOVEMENTS—Continued
1938

PER CENT INCREASE (+) OR

1937

DECREASE (— )

The cumulatives shown are through
August, except where otherwise rioted.
Rarlier data for items shown here may
be found on pages 28 to 137 of the
August, 1928, "Survey"

April

May

June

July

July

August

August

August, August,
1928,
1928,
from
from
July, August,
1928
1927

CUMULATIVE TOTAL
FROM JANUARY 1
THROUGH AUGUST 31

1928

1927

Perct.
increase

(

-y

or decrease
(-)
cumu
lative
1928
from
1927

BANKING AND FINANCE— Continued
Business Failures— Continued
Firms (United States):
Total commercial
number
Manufacturers _ _ .. _ . _ .number.
Trade establishments
number
A (rents and brokers..
_ _ number
Firms (Canada)
number

1,708
438
1,174
96
4
145

+7.5
+9.6
+6.9
0.0
+8.9

4

392, 250
250, 100

4
4

142, 150
115, 300
19, 750
7,100

+8.4
+12.6
+5.7
+16.7
-6.9

16, 406
3,925
11, 503
969
1,208

+4.1
+5.2
+3.4
+6.8
-10.7

+22.6
+44.2

+4.2 7 4, 136, 898 7 4, 336, 601
+5.0 7 2, 543, 273 7 2, 699, 004

+4.8
+6.1

-3.5
+8.2
-42.0
+7.4

+2.8 7 1, 583, 625 7 1, 637, 597
+2.7 7 1, 156, 275 7 1, 200, 042
+3.3 7 7263, 575 7 273, 155
7 89, 900
84, 275
+2.1

+3.4
+3.8
+3.6
+6.7

1, 818
432
1, 276
110
125

2,008
470
1,407
131
127

1,950
513
1, 325
109
127

1,723
450
1, 161
112
124

1, 852
493
1,241
112
135

1,756
448
1, 187
121
144

thous. of dolls
thous of dolls

334, 850
203, 500

467, 225
316, 900

719, 196
466, 704

333, 400
182, 000

408, 600
262, 500

313, 475
161, 100

thous.
thous.
thous.
thous.

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

131, 350
96, 550
27, 100
7,700

150, 325
118,050
26, 075
6, 200

252, 492
184, 892
34, 500
13, 600

151, 400
109, 450
35, 200
6,750

146, 100
118,450
20, 400
7, 250

152, 375
111, 200
34, 675
6, 500

Foreign loans in the U. S
thous of dolls
Foreign governments
thous of dolls
Total corporation
thous. of dolls..
Purpose of issue —
New capital thous. of dolls
Refunding
thous. of dolls
Kinds of issue—
Stocks
thous. of dolls
Bonds and notes
thous. of dolls
Class of industry—
Railroads
thous of dolls
Public utilities
thous. of dolls
Industrials
thous of dolls
Oil
thous. of dolls
Land and buildings
thous. of dolls. _
Shipping and misc
thous. of dolls..
Bond sales (Canada):
Qovt. and provincial
thous of dolls
Municipal
thous. of dolls
Corporation..
__
.thous. of dolls
States and municipalities:
Permanent loans
thous. of dolls
Temporary loans..
thous. of dolls
Tax-exempt secuirties outstanding end of month
mills of dolls

141, 840
87, 130
833, 206

238, 755
79, 885
757, 834

268, 179
48, 550
828, 434

45, 000
41,396
323, 748

199, 426

67, 072
25, 596
371, 095

105, 145
81, 000
444, 278

-38. 4

484, 090
349, 116

583, 357
174, 477

645, 883
182, 551

284, 803
38, 945

180, 716
18, 710

341, 658
29, 437

277, 832
166, 446

-36.5
-52.0

310, 263
522, 943

321, 257
436, 577

409, 611
418, 823

208, 212
115, 538

73, 892
125, 534

79, 052
292, 043

153, 887
290, 391

95, 053
380, 541
138, 172
7,300
97, 152
114, 988

28, 601
242, 497
150, 783
22, 929
82, 253
230, 272

42, 158
378, 637
190, 356
21, 241
74, 071
121,971

18, 874
57, 598
98, 810
15, 030
64, 538
68, 374

13, 726
97, 776
32, 989
30, 256
44, 678

14, 306
115, 360
69, 127
20, 750
48, 936
102, 616

36
2,312
41, 845

30, 000
4, 347
57, 970

10, 734
2, 158
77, 198

975
9,565

964
4,095

147, 395
14, 896

136, 244
44, 621

4
4

75, 991
56, 989

69, 577
26, 249

16, 659

16, 724

16, 847

4

16, 839

985

926

904

781

263. 34
123. 09
159 16
110. 97

267. 38
125. 39
162. 58
110.58

252. 94
118.64
147. 69
110. 42

345 9
149. 5
130.7
142. 5

241. 4
135. 6
143 7
154. 9

152. 1
154.9
133. 2
155. 3
249. 4
139. 0
151 5
158. 4

133. 6
109.7
137.4
145. 5
119. 1

15, 760
3,730
11, 123
907
1,352

Dividend and Interest Payments
(For the following month)
Grand total
Interest payments
Dividend payments:
Total _
Industrial and misc
Steam railroads
Street railways

New Security Issues

-55.1

966, 495
516, 875
4, 646, 354

1, 098, 165 +13.6
539, 870 +4.4
4, 870, 867 +4.8

-35.0
-88.8

3, 434, 308
1, 212, 046

3, 379, 453 -1.6
1, 491, 414 +23.0

-64.5
+8.7

-52.0
-56.8

1, 117, 325
3, 529, 030

1, 833, 733 +64.1
3, 037, 135 -13.9

183, 764
109, 821
65, 392
25,000
38, 292
22, 009

-27.3
+69.8
-66.6

-92.5
-11.0
-49.6

-53.1 -21.0
-34.7 +103. 0

820, 282
1, 704, 603
743, 981
333, 138
448, 706
531, 881

543, 631 -33.7
1, 856, 762 +8.9
954, 844 +28.3
102, 327 -69.3
548, 984 +22.3
870, 089 +63.6

4,799
31, 557

904
6,625

-1.1
-57.2

+6.6
-38.2

54, 966
41, 993
145, 035

49, 770 -9.5
17, 110 -59.3
210, 744 +45.3

86, 268
19, 288

88, 878
60, 382

-8.4
-53.9

-21.7
-56.5

1, 014, 529
411,401

927, 630 -8.6
482, 824 +17.4

15, 785

15, 850

747

4,731

4,569

-4.4

-83.7

257. 98
119. 18
146. 71
108. 17

267. 16
121. 57
151. 24
104. 82

221. 90
117. 00
125. 83
112. 48

229. 99
117. 42
141. 17
111 05

+3.6
+2.0
+3.1
—3 1

+16.2
+3.5
+7.1

145. 3
148.2
126.7
148.1
235. 3
136. 8
147 5
152.4

144.2
147.8
124.6
145. 3
238.4
135. 3
150.0
152. 1

148.3
152.6
126.5
147.9
244.7
142.9
155. 2
158.1

117.2
116.7
120.7
114.9
144.5
110.0
103.1
120.7

122.0
112.3
123.1
118.5
157.4
119.7
110.0
124.3

+2.8
+3.2
+1.5
+1.8
+2.6
+5.6
+3.5
+3.9

+21.6

138. 0
118.7
135.2
145. 6
120.0

132.3
112.0
127.1
137. 7
110.4

132. 7
110.9
125. 1
136. 6
106.4

135. 4
112.6
123.6
143.6
105.9

106.9
95.8
126.2
124.1
99.0

111.1
99.3
131.9
132. 7
102.4

+2.0
+1.5
-1.2
+5.1
-.5

+21.9
+13.4
—6. 3
+8.2
+3.4

111.3

115.6

111. 5

111.0

116.6

96.1

99.4

+5.0

+17.3

127. 4

128.8

115.8

113.3

119.3

106.3

114.5

+5.3

+4.2

149. 1

140.0

134. 9

134.3

137.6

139.9

142.0

+2.5

106.7

105. 9

97.3

96.0

95.7

96.8

94.3

0

4. 49
5. 18
80, 569

4.36
5.21
82, 164

4. 53
5.32
63, 741

4.56
5.40
39, 001

4.52
5.43
67, 704

5.25
5.52
38, 493

5.12
5.48
51, 057

-.9
+.6

301, 084
14, 489
315, 573

263, 388
14, 764
278, 152

246, 885
14, 517
261, 402

183, 815
25, 240
209, 055

173, 561
9,988
183, 549

130, 211
78, 001

4

4

Agricultural Finances
Loans outstanding, end mo.:
War Finance Corporation thous of dolls

Stocks and Bonds
Stock prices, average daily closing:
25 industrials, average
dolls, per share. _
25 railroads, average
dolls, per share. _
103 stocks average
dolls per share
Southern cotton mills
dolls, per share. _
Stock, prices, average weekly closing:*
Industrials, rails, and utilities
(394)
rel to 1926
All industrials (325)
rel to 1926
Railroads (33)
rel to 1926
All utilities (36)
rel to 1926
Automobiles (14)
rel to 1926
Chain stores (18)
rel to 1926
Copper and brass (10)
rel to 1926
Food, other than meat (23)
rel. to 1926..
Machinery and machine
equipment (10)
ivl. to J926
Oil producing and refining (16) _rel. to 1926..
Railroad equipment (9)
rel. to 1926__
Steel and iron (10)
rel to 1926
Textiles (23)
rel to 1926
Theaters, motion pictures, and
amusements (7)
rel to 1926
Automobile tires, rubber
goods, etc (7)
rel to 1926
Tobacco and tobacco products
(10)
rel to 1926
Traction, motor transportation, etc. (9)
rel. to 1926
Stock yields:
Common
per cent
Preferred high «rade
per cent
Stock sales, N. Y. Stock Exch._thous. of shares..
Bond sales:
Miscellaneous
thous. of dolls
Liberty-Treasury
thous. of dolls. _
Total
thous. of dolls. _
4

Revised.




7

Cumulative through September 30.

+73.6

+35.9

+2.8

+24.8
+55.5

+19.4
+41.1

|

+27.2

-3.1
i

+1.5
-11.7
-.9 !

+32.6

1

368, 391

522, 295

+41.8

1, 965, 361 -16.3
128, 383 -38.4
2, 093, 744 -18.1
* Data not comparable with those shown previously.
252, 423
17, 289
269, 712

290, 948
13, 070
304, 018

-5.6
-60.4
-12.2

-40.3
-23.6
-39.6

2, 347, 905
208, 267
2, 556, 172

46

TREND OF BUSINESS MOVEMENTS-Continued
1928
The curnulatives shown arc through
August, except where otherwise noted.
Earlier data for items shown here may
be found on pages 28 to 137 of the
August, 1928, "Survey"

BANKING AND FINANCE— Continued

April

May

i

June

August :

July

July

Perct.
increase

• CUMULATIVE TOTAL
PEE CE NT INCREASE (+) OR
FROM J A N U A R Y 1
DECREA SE (-) . THROUGH AUGUST 31

1927

August

or decrease

August, August,
1928,
1928,
from
from
July, August,
1928
1927

1927

cumulative
1928
from
1927

1938

!

Stocks and Bonds— Continued
Bond prices:
94. 49
92. 04
95. 33
Highest-grade rails . .p. ct. of par, 4% bond..
86. 92'1
84. 42
87. 89
Second-grade rails... p. ct. of par, 4% bond. _
81. 42
79. 51
82. 17
Public utility
p. ct. of par, 4%bond__
80. 73!
79. 39
81. OiJ
Industrial
p. ct. of par, 4% bond..
85. 54!
83. 54
86. 26
Comb, price index.,. p. ct. of par, 4% bond..
Bond prices, 1st of following month:
105. 98
105.03!:
105.16
5 Liberty bonds
p ct. of par
105. 28
104. 84
105. 46
16 foreign govt. and city
p. ct. of par..
101.71:
101.14
102. 44
Comb, price index, 66 boudS-.p. ct. of par..
Bond yields:
4.35
4. 42^:
4. 50
Total, 60 high grade
..percent-4.24
4. 27
4. 35
Railroads (15)
per cent
4.81:
4.91
4.78
Industries (15) .. . . . , ..per cent. _
4. 57
4. 66
4. 56
Utilities (15)
per cent
3. 93
4. 02
4. 09
Municipal (15)
. .per cent j
4.01
4.06
3.93
Alunicipal (20)
per cent
U. S. Treasury notes and
3. 62
3. 90^
3. 97
certificates, 3-6 months
per cent..
3. 35;
3. 40
3. 32
Li berty and Treasury bonds
per cent. .
Long-term real-estate bonds issued:
87, 748
77, 450:
66, 364
Grand total
. .thous. of dolls
Purpose of issue—
29, 22i
44,515!
27,400
Finance coiistruction.__thous. of dolls..
20,910
6,763
36, 86."
Real-estate mortgage... .thous. of dolls..
Acquisitions and
2, 600
2, 610
16, 323
improvements
thous. of dolls..
Kind of structure—
14, 605
45.175|
22,430
Office and commercial. .thous. of dolls...
11,395
10, 30Qi
885
Hotels
thous. of dolls. .
4, 265;
4, 085
3, 635
Apartments
thous. of dolls. _
FOREIGN EXCHANGE KATES
Europe:
4. 88!
4. 88
4.88
Kngland
dolls, per £ sterling
.039
. 039|
. 039
France
dolls, per franc
.053
.053:
.053
Italy
dolls, per lira
Belgium
dolls, per franc
.140
.140!
. 140
.403
. 404 1
. 403
Netherlands
_
dolls, per guilder
.269
Sweden
dolls, per krone
.268!
• 268
.193
. 193!
• 193
Switzerland
dolls, per franc
Asia:
Japan
dolls, per yen..
.477
. 466!
. 466
India
dolls per rupef
. 366
. 365
.366
America:
Canada
dolls, per Canadian doll
. 999!:
. 998
1.000
. 972
. 969
Argentina,
dolls, per gold peso
.972
.120
Brazil
dolls, per milreis
. 120!
. 120
. 122;
. 122
Chile
dolls, per paper peso
.120
U. S. FOREIGN TRADE
Imports
Grand total
thous. of dolls
345, 194 4 353, 981 4 317, 289
By grand divisions:
EuropeTotal
..
thous. of dolls
94, 282
104, 335!
95, 565
France
thous. of dolls
10, 429
11, 157j
11,927
Germany.
_ ...thous. of dolls
16, 725
16, 136!
15, 788
Italy
thous. of dolls. _
7,899
8, 588i
8, 169
United Kingdom
thous. of dolls..
28, 097
35, 047 i
27, 854
North AmericaTotal
thous. of dolls
84, 978
85, 915!
73, 901
Canada
thous of dolls
35, 044
42, 993!
41, 015
South America—
Total
thous. of dolls
49, 772
47, 376;
51, 099
Argentina
thous. of dolls. _
9, 746
10, 713J
10, 319
Asia and Oceania —
Total
. . .
thous. of dolls
109, 772
109, 724'
87, 252
Japan
thous of dolls
29, 505
38, 536!
22, 306
Africa, total
thous of dolls
6, 391
6,617j
9,472
By classes and commodities:
Crude materials
thous. of dolls..
127, 034 4 137, 799: 109, 694
|
Foodstuffs, crude, and
food animals
thous. of dolls
46, 049 4 47, 969 4 48, 334
Manufactured foodstuffs
thous. of dolls. .
43, 276 4 34, 232 4 30, 005
Semimanufactures
thous. of dolls. .
60, 672
59, 084!
57, 658
68, 163
Finished manufactures
thous. of dolls..
74, 896 4 71, 598
Exports
Grand total, including
4
reexports
thous of dolls
303, 925 « 421,88s! '388,563
By grand division:
Europe —
Total
tbous. of dolls.. 4 4161.629 4 4188,160 4 161,481
France
thous. of dolls
13', 114
18, 525
15,712
German v
... thous. of dolls ._
28, 365
29, 435 4 32, 078 !
Italy
11,014 4 15,149! 4 11,254
4
United Kingdom
thous. of dolls..
56, 953
61, 161
52, 230
North America—
Total...
thous. of dolls- 4 101, 900 4 123, 489
114,005
Canada
thous. of dolls..
70, 471
88, 978|
81, 888
4
Revised.




90.62
83. 09
79.47
77. 74
82. 45

89.
80.
79.
77.
81.

4

4

94.
85.
78.
79.
83.

58
43!
23 1
55
98

-1.1
-2.5

!
!
!
!
!

93. 57
84. 16
76. 85:
78. 60
82. 81

103. 88 !
104. 77 i
100. 36 ;

103. 58
105. 42
100. 79 :

104. 14
105. 67
101. 34

-K:1

4. 54
4.44
4. 95
4.68
4. 13
4.13

4. 59 i
4. 49
4. 96 :
4. 73
4. 16 .

4. 51
4. 34
4. 86
4. 81
4. 02,
4. 06

4. 4N
4. 32
4. 8J '
4. 75
4. 00
4. 02

+1. 1
+1. 1
+• 2
-hi. 1
+.7

+2 5
+3. «j
-4-3. i ^j
-1-4.'.

4.26
3.50

4. 43 ;
3.56;

2. 961
3.48:

2. 70;
3.4c!

+4. U
-i-1. 7

+64. ]
+3.2

103. 20
104. 85
100. 05

66
99
08
97
68

+'.3
.

Q

"7-

-5.il
4-1. !
-2. 0
2 7

-1 (<
-

-

-

j

48, 495

21,947

39,719

32,247

-54. 7

-31.9

389, 434

465, 973

18, 581
24, 079

9,970
5, 590

12,223!
1 5, 040

19,435;
4, 482'

-46. 3
-76. 8

-48. 7
+24. 7

174, 186
105, 104 1

190, 050 ' +9.1
145, 374 +38. 3

3, 252 i

4, 575;

2, 080i +115. 4

+56. 3!

53,043

9, 786
4, 020
4, 600

4, 785 i
2, 200 1
3,145.!

(), 828
2, 065
3, 6801

7, 700!
7, 170;
4,700!

-51.1
-45. 3
-31. 6

-37.9
-69.3
-33. 1:

119, 738J
32,831!
37, 252

4.86
.039
.052
.139
.403
.268
.193

4.85 1
.039!
.052i
.139
.401!
.268!!
.193!

4.86'
.039:
.055:
.139!
.401!
.268!
.193

4.86
.039:
.054!
.139!
.401:
.268
.193!

-.2
0.0
0.0
0.0

.459
. 363

.451!
.363!

.471
.361

.473:
.361:

.998
.961
.119
.121

1.000!
.959!
.119;!
.121!

.999^
.966'
.ii8i
.120!

.999:1
.968
.us!
.120!

+.2
2

0.0

o!o

+.'8
+.8

+9.1

-6. O 1

+ 19. 7

49,228
160,161 : +33.8
34,160 +4.0
30, 009 -19.4

1

\

'.

0.0

-.2
0.0
-3.7
0.0 .... _
0.0
0.0
0.0

o!o

~K 6

o!o

;

-

I

-2.2

317, 804

346,806:!

319,298

368,820!

97, 688
11, 293
20, 662 !
6, 949
28, 113 i

!
!
•,
'!;

96,651!
11,820!
16,14811
7 896
29,3431

110, 1691
14,729
17,837
8 578
33,038

i
|,
|!:
!
__!j

77, 830l
38,158
!
37,631
6,771!

82,865
39,973

1!
.__.|i

100,261
30,025
6,925

123,707
47,482
5,677

106, 031

122,146:

121,185

144,232

+15. 2

43, 174 !
33, 314 i
60, 045 !
75, 242

45,939!:
30,060
66,492
82, 168|

34,269
35,076
61,523
67, 244 1

12,656
35,171
60,691
79,770

+6.4
-9.8
+10.7
+9. 2

378, 76b

381,000;!

341,809:

374,751

+.6

143,181;!
11 41 ]
24,133:
7, 940
52,789!

168, 2<v2
14,403
30,231
9 332
57,670

+1.5
< '1,231,018 « 1,249,915
1
MJ2.551 ;15 1 19, 023 4-5.8
5
-7. 1
214,
444
227,
102
1
5
J b*. S23
88, 765 +29.0
5
I ? 468, 272
436, 285 ; -6.8

98, 724 1
64,772!

109,05s
75,211

1

77, 735
41, 784
45, 644
8,119
89, 769
24, 890 ...
6, 968

-

152, 341:
15. 918
22, 094
11,852
52, 12C

110,S9f i-.
77, 32£ 1

•
i!
5

2, 811, 293
5

819, 883
s 104, 903
5 125, 635
5 69, 499
5 232, 184

5

* 664, 859
302, 838

5
567, 001 -14.7
5 273, 651 -9.6

5

s 347, 749
5
65, 135 .

5

46,401
9,694.

344, 240
63, 977

5

Cumulative through July 31.

2, 750, 489

699, 656 I
s 83, 447 s
s 5122, 928
56, 788
5
203, 950

-14.7
-20.5
-2.2
-18.3
-12.2

+1.0
4-1.8

s 917, 180
« 272, 896
5 65, 130

s 733, 403 . -20.0
5211,579 -22.5
5 55, 860 -14.2

-15.3

1,110,867

1, 012, 526

+7.7
-15.3

+3! o

326, 537
311,882
499, 568
562, 439

+1. 7

3, 082, 85(

5
5

713, 77G
468, 168 !

-3.9

380, 763 +16. 6
274, 657 -11.9
493, 498
586, 045 +4' 2

3,136,9*5

5
5

739, 102
506. 662

+ 1.8

+3.5
+ 8. 2

47

TREND OF BUSINESS MOVEMENTS—Continued
P—>

1928

,

-

1927

The cumulalives shown are through
August, except where otherwise noted.

Earlier data for items shown here may
be found on pages 28 to 137 of the
August, 1928, "Survey"

i£jxiS,

\pril

May

4

33, 825
11,776

4

59 151
16, 985
7, 420
356, 057

4

from
from
July, August,
1928
1927

1927

1928

5

256, 066
90, 786

5

5
8

Per ct.
in'rease
'+)
decrease
(-)
cumulative
1928
from
1927

U. S. FOREIGN TRADE— Continued
Exports— Continued
By grand division— Continued
South America—
Total
thous of dolls
Argentina
thous of dolls
Asia and Oceania —
Total
thous of dolls
Japan
thous of dolls
Vfrica total
thous of dolls
Total domestic exports only
thous. of dolls..
By classes of commodities:
Crude materials
- _ _thous. of dolls..
Foodstuffs, crude, and
1
food animals...
thous. of dolls..',
Manufactured foodstuffs. . -thous. of dolls. _ j
Semimanufactures
. thous. of dolls.
Finished manufactures
thous. of dolls. _ j
Agricultural exports (quantities):
;
\11 commodities
rel to 1910 14
All commodities except
cotton
rel to 1910-14 1

i

4

4

4

74,394

4

38, 242
14, 082

4

-

261, 474
96, 910

+2. 1
+6.7

43, 907
16,736

36, 034
15, 239

38, 391
15, 678

61,979
63, 014
63, 520
17, 987
22, 998
21, 628
9,950
10,
552
8,983
4
41 3, 728 < 380, 306 * 371, 450

50, 492
1 2, 199
8, 527
367, 575!

0,0

+1.0

446, 290
142, 717
60, 957
3, 010, 781

55, 135

-12.9

-5.0

666, 894

46, 770 +106. 2
34, 160 +13.7
-8.4
59, 786:
171, 724
-3.0

-37.3
+2.1
-6.2
+15.7

219, 227
294, 644
474, 293
1, 355, 724

139, 824 -36.2
288, 327 -2.1
486, 527 +2.(i
1,502,127 + 10. 8

724, 550
745, 932

806, 201 + 11.3
814,983 +9.3

4

371, 429

54, 318
15, 190
9, 545
332, 994

60, 177

52, 389

55, 023!

14, 212
30, 666
61,397
204, 999

29, 308
34, 870
56, 093
198, 769

21, 910;
31, 278
59, 354!
165, 429

74, 920

4

17, 158
31, 222
63, 069
193, 938

4
4
4

89,811

19, 738
13, 203
32, 866 4 33, 123
56, 320 4 67, 049
204, 007
179, 274
99
82

39, 005
15, 692

4
4
4

4

8

i

5
5

5

76

64

75;

94;

+17 2

—20 2

99

103

91

84

126

102

155'

+50.0

-18.7

78, 490
60,455

113,582
120,154

110,694
109, 139

103, 404
127,369

114, 175
113,904

91, 369
80, 787|
i

99, 348
95, 955

+10.4
-10.6

+14.9
+18.7

5

440, 583 — 3.3
140, 900 -1.3
64, 912 +6.5
3, 067, 458 +1. 9
5

650, 655

-2.4

CANADIAN FOREIGN TRADE
Total trade:
1 mports
Exports

I
thous. of dolls. .
thous. of dolls..
4

5

Revised.

1

Cumulative through July 31.

IMPORTS OF RAW COCOA'
(In long tons)
MONTH

1909

January
Februarv
March "
April
May
June
July
August

.-_
..
..
..

-

September
October
November
December

...

Total.
Monthly average

..._._

._.

-

-

May
June
July
August
September
October
November
December
Total
M^onthly average
1

.

_

.

..

..

. I

1911

1912

1914

1915

1916

1917

1918

5,026
3,966
6,018
3,800

7,770
6,426
7,911
6,203

7,786
6,514
6,398
8,902

6,365
7,351
9,622
5,693

8,564
9,206
11, 235
7,142

7,659
9,742
10, 559
13, 093

10, 664
9,535
9,287
10, 041

12, 850
16, 738
29, 216
11, 158

16, 385
12, 078
15, 783
19, 696

3,548
4, 810
3,919
2,866

5, 238
5,032
5,079
3,401

5,463
5,223
5,180
5,135

7,544
7,034
7,392
4,206

4,734
4,580
6,573
4,882

6,506
4,838
4,635
4,504

7,003
6,078
8,122
9,797

7,839
12, 441
11, 152
9,395

16, 332
16, 387
15, 094
16, 529

22, 791
19, 963
9,970
11, 299

1, 711
2, 848
3,227
4, 862

2,264
2,637
4,249
5,006

1,585
2,205
2,176
4,707

2,673
2,988
2,921
3,992

5,403
3,671
3,474
7,197

5,343
7,804
4,200
5,231

7, 442
6,426
7,808
9,184

9,360
4,129
9,435
5,033

7,687
7,310
14, 673
10, 154

8,993
6,234
9,460
8,044

54,183

51, 716

59, 984

68, 350

69, 545

79, 208

102, 913

108, 311

174, 128

160, 696

4,310

4,999

5,696

5,795

6,601

8,576

9,026

14, 511

4, 515

1920

1921

1922

1923

1924

1925

1926

1927

13, 391

1928

6, 902
6,471
10,283
16, 806

18, 415
17, 033
20, 058
23, 002

11, 384
9,755
22, 323
13, 507

7,319
14, 426
26, 486
21, 281

16, 528
14, 379
25, 832
22, 260

15, 872
26, 406
16, 617
15,813

8,995
25, 988
24, 896
15, 439

23, 594
16, 280
24, 132
20, 720

27, 643
19, 818
28, 236
18, 82G

16, 600
16, 212
18, 726
16,750

26,525
18, 761
23, 622
10 203

11, 151
9,005
13, 306
8,582

18, 586
15, 724
8,386
6,403

16, 396
10, 866
13, 150
10, 359

17, 022
17, 102
11,195
15, 339

10, 509
13, 950
16, 112
15, 904

13, 305
12, 456
12, 159
14, 399

14, 745
17, 252
13, 143
9,548

10, 178
11, 529
10, 538
13, 310

18, 604
23, 336

13,277
9 487
12, 483
19, 911

7,026
8 374
9,291
8,180

6,043
9 990
8,885
5,093

6,245
10, 886
8,296
8,257

7,149
13, 999
8,827
15, 295

8,400
6,744
6,159
16, 390

12, 139
9,840
8,243
12, 685

6,221
7,960
16, 906
19,806

10, 444
11,340
12, 057
15, 807

174 731

153, 423

136, 079

153, 967

184, 927

168, 876

170, 544

190, 307

189, 720

14 561

12 785

11, 340

12, 831

15,411

14, 073

14, 212

15, 859

15,811

Compiled by the U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce.




1913

4,630
3, 890
4,170
13,702

1919
January
February
March
April

1910

48

OHIO—EMPLOYMENT 1
(Relative to 1933 as 100)
Manufacturing

Construction

MONTH
1923

January
February...
March
April
May
June
July
August . ._

September.
October
November
December
Monthly average

_.

1924

1925

1926

1927

1928

1923

1924

1925

1926

1927

1928

94.7
98.1
102.4
102.4

97.4
99.8
101.0
99.3

94.6
95.9
97.2
97.7

103.7
104.7
105.3
104.7

101.7
103.7
106.5
106.2

97.0 !
101.5 I
103.8
103.6

69.6
65.8
74.6
88.6

76.0
74.9
81.4
102.1

84.6
85.4
92.7
108.4

87.8
85.6
77.8
94.4

87. 5 <
95.8
93.9
99.9 ;

79. 6
76.2
88.8
103.2

103.5
104.5
100.4
101.4

93.9
87.5
85.4
87.1

99.0
99.4
99.7
100.4

104.5
105.2
104.6
107. 3

106.7
105. 7
102.9
102.6

104.2
104.7
103. 7
106.4 !

101.7
114.9
120.0
125. 5

111.1
120. 1
130.7
131.1

117.7
124.0
122.8
122.1

106. 3
125.5
130.5
130. 5

110.4
120.2
132.9
139. 7 !

115.6
115.7
130.6
138. 2

99.4
98.8
98.1
96.3

90.0
90.8
89.3
91.2

103.8
104.1
103.8
103.9

110.0
110. 1
106.7
104.0

101.9
101.0
98.8
97.9

1

119.7
115.7
109.4
94.5

128. 5
126. 5
113. 0
92.3

123.9
126.2
115. 5
114.8

138.5
130.6
123.1
109. 5

135.9
122 0
102.9
87. 6

100.0

93.9

99.6

104.3

99.7

100.0

107. 3

111.5

106.6

101. 7 !

1
Compiled by Ohio State University, Bureau of Business Research. Prior to 1925, the indexes are based on original reports to the Industrial Commission of Ohio by firms
employing 3 or more employees. Beginning with 1925, manufacturing employment includes companies having about 40 per cent of the total employees in Ohio manufacturing industries, while the construction index is also based on reports direct to the bureau. These data revise the table shown on page 138 of the August, 1928, issue.




O

PUBLICATIONS OF THE DEPARTMENT OF COMMERCE
Recent publications of £he Department of Commerce having the most direct interest ,to readers of the SUBLET
BUSINESS are listed below. A complete list may be obtained, by addressing, the Biyision of Publications,-IDepartmetit of Commerce^
at Washington., Copies of the publications taay.be purchased from the Superintendent of .-Documents',
Government Printing,
Office, Washington, at the prices stated. > If no price is mentioned, the publication is'distributed free. J r ' • , ' • ' -

OFFICE OF tHE SECRETARY- \ ; , ' V |p| Directory of Licensed Pilots,— Aeronautics Builetip No. 20?
ii4*52 pages. Issued by >the Aeronautics' Branch of the 'Department of Commerce, lists the names alphabetically under
different States.
<
^ ',
,
Standard City Planning Enabling Act, by Advisory Committee on City Planning and Zoning, Appointed by Secretary
Hoover.—iv+ 54 sp»ages. .\This suggested legislation is -the
' result of some years of study of city planning by the members
of the advisory committee and it is toped that it ,will be, an
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shprt bibliography is included*^ Price, 15$.
,,
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BU&EAU OF f HE CENSUS
For information concerning plan of4>ttblication anti distribution o£ censiis publife&' "
v
tions, addre$s tne Director^ of th'e Census"
,'
tv

! Animal and Vegetable Fata and QHs<— Production,

tion, Imports, Exports, .and Stocks, by > Quarters, , for * the
Calendar Years 1026 and ,192,7. ,18 pages.
Price* 50.
"
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showing history, doctrine, and, organization with, general statistics concerning membership, value, amount of church* property, debt, -expenditures, etc.;
'

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v

Christian Congregation. Paper, 6'pages,
'enVintiocTof Christian &hur6h),, Paper, 13
Christian
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Church
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> ,' ~- .
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BUREAU OF FOREIGN AND DOMESTIC
COMMERCE
The publications of this bureau may also be purchased from the bureau or its district
-' offices
«- *
/ -r

Monthly Summary of Fbrfeign Cortuwerce of Unite4 State^,
• July,1 1928.'— Parts I and II. Part I contains statistics, of 'exX
ports of domestic, merchandise^ and imports by articles for
July, 1927 sand 1928, and, for seven months ended July, 1927
and 1928. Part II contains Summaries of export and » import
trade; monthly average import and export prices; statistics of
"trade with Alaska, Hawaii, arid Porto Rico. Single copies,
Part I, ,100; Part 11/5^. 'Annual subscription, $1.25.
<
, Foreign Trade of United States in Fiscal Year 1927-28, by
Lawrence B. Mann and Grace A. Witherow. Trade Informal
« tion Bulletin No, 572; iv-}--24 ^ages. ghow^ the , trends' An
trade of the United States during the past fiscal year.
,

BUREAU OF STANDARDS
Simplified Practice Recommendations :

1

,R3-28. Metal Lath. iv4-10 pages, J illus. Price, 5*.
; \
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B20-28. Steel Barrels andrDriiftis;
^i+10
pages,
Villus.
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, R37-28. Commercial 'Forms s (Invoice, Inquiry, an4 Purchase Order),
' xiV4-i2 pages, 1 illus. > Price, 50. ^
B43-28,' Paint and Varnish Brushes. iv-|-l6 pages, 1 illus. Prlpe,
R51-28. Die-Head Chasers (for Self-Opening and Adjustahle Pie
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'
•
^ •
^80-28: Folding an<J Portable Wooden Chairs. iv-fU pages,, X villus.
Price, 30.
,
, . '"
" v
R86-28. Surgical Gauze. vi^l2-pa^es, 1 illus. - Price, 50,
',
'

No. 3 to Miscellaneous Publication No. 15:
Some Technical Methods of Testing Miscellaneous §ripplies,
etc, 4 pages.
, ''
< ,

Technical News Bulletin, August, 1928. fages 109-124>
This monthly publication cbfitams , items describing f bie labpratory activities of the bureap &nd a list of pamphlets issued
,atxd magazine articles ^'publislied during the preceding m'onth. ,
AnnuaT subscription, 25£ x- , , ,




United Stated Goternment M^ter Specitcatiqtts, — These
specification^ f or tlie purchase of materials for, the Use of Government departments ^re issued as circulars of the ^Bureau,
ofj
Stand^,rds. ' Those^ lifted below hy circular Dumber lniay be^
obtained at Sc.'e'ach: _: *
No. 364.- -ShadeLCioth. N 4 pages.
^\No. 367. 3DrItr(!Tntoleache$). 3
.
.
- No. 368. Shades, Window,- Hollers; Slats; 'Cofdsj'and A(jeessoties. . 5 pages. .,.

: /' ". BUREAU OF!?ISHEKIES
Experlniental^ Studr of Function Oyster Giljs and its Bearing on Problems of Oyster Culture and Sanitary Control of
Ouster Industry, by Paul S. ,Galtsofi£. Do^unxent No. 1035,
(From fiullefon of Bt^maU of Fisheries, VoL xUjvy4'92S,:pp. 1-39.
\ 13^ illustration^.) v, A biliiogr^phv i& jncluded. Pricer' 15c.
ftatf^e in; JVesk and Frozen Fishery ^i-Qdttcts and Related
Marketing Considerations in Jalcksohv|U0, Fli,^by R. BL Fiedler. , Dpcume|it/No. 1536. (Appendix I to Redort of 0. &f
Commissioner of fisheries for 1'928^ pp: 1-^ ^ mu&). Rep6rt
of sources of supply ^of fishery, products* methods of transporta-^ *
tion arid distribution, cold-storage facilities, and fish trade 'in
tfacksonville, H^. Prjce; lOc.
, , '
" .
4 ,
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103T. (Appendix If ta Report of 'tf, S. Commissioner of Fisheries for 1^9?8)! pp^7-4J,'I illus,), Investigation into the, kinds
of food eateii ai^d. the food habits of bullheads.^ Price, 5c.

v ^
'' V ,< BUREAU OF MINES - ^
• , . '
- .- y ' ^
' " - ; "' ' \

^ ;;' " - ^ -

Gold, Sflyer, Copper, Lead, and £inc In Utah in ^926.—ei(Frbm
Mineral R-esOurces of United States, 1926, Pt. I, pp. 471-510.)
Price, 10c." ' . " ,
;
.'
Ftiller's Earth in ,1927.— (From Mineral E^sbwces of United
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,

System of Analysis for Oil-field Waters, by C. E. Reistle, jr.,

andE. CL Lane. Technical Pap'er432,* ii-f i4 pages. Methods ?<
used in e^timatiiig 'tjijk constituentsv of water loiind in oil fields.
Price, 5c. ; \ / **, /
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M^asiiring Vacation, of Ground Resistivity with Megger, by

F.' W. Lee. : Technical Paper 440j ii-jrl6 pages, 8 iliuis.V^ plates.
Price, lOc.
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American riocttiti^nted Seagoing Merchant Vessels, , of 500
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Single copies, Ipe.;' annual subscription, 75b.
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Catalogued Charts, Coast Pilots, Tide TaWes, 'and Current

Tables of Philippine Islands. .Serial No. 422; 16 pages, 6 illus.
Seismological Eeport, July^ August/ September, 1926, by
Frank NeumaMt; Serial No.\ 424; ii-f 74 pia^es. . This is the
quarterly jeport qn rjecords, of earthquake disturbances m vari*ous p'arts of theNyorld. Price4 lOc. .
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J.I0HTHOUSE SERVICE
Regulations for Uniforms, 19^8. ii+12 •pag^s>!4 pag^s of

^lustrations:

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Sf JEAMBOAT-INSPECTION SERVICE
Ocean and Coastwise: Genera^ Rules and Regulations Prescribed fry Board of Supervising Inspectoral as Amended at
Board Meeting of January, 1928.~r-Form 801 At Viii-f^&2 pages,
5 illus. Cqntains r,uies and f egulationa for equipment^bf v^s- (
sels engaged in ocean and i coastwise trade, with list^ of approved ,
equipment.^/'
'
\ , \\

GHIEF FUNCTIONS pF THE DEPARTMENT OF COMMERCE
:

WILLIAM P* WHITING, Seereiary of Commerce

WALTER F. BBQWN, Assistant georetary of Commerce, $PHBAIM F. .MORGAN, Solicitor

AERONAUTICS BRANCH
P! McCriACKEN, Jr. /Assist ant Secretary of Commerce
.<
,
for, Aeronautics
.
Establishment of civil airways and maintenance blaids to air
jiayigati on; inspection and registration of aircraft and licensing
of pilots; enforcement of air traffic rules; investigation of accidents; eneoiiraigfenien^ of ,niuincipal air por,ts; fostering of air
commerce ^scientific research in aeronautics; a^d diss^minatipn of Information Delating to commercial aeronautics. (Some
of 'jbhese functions are performed by special divisions of the
Lighthouse SerMce, the , Biireau of Standards, and tlie Coasl
Geodetic Survey,)
,
, •„'
llREAU OF THE CENS0S
\ , WILLIAM: M.STiit/ABiT, Director
J- iMdng censuses. of populations inmates, of Institutions^ mines
f, ant} quarries, forest prcrdpcts; and -water , transportation every
:'lQ years $ censuses c^f agriculture and electrical public Utilities
fev^ry,5 yeai-s; and a census of in^nQfciettrres every 2 years.
Compilation of Statistics of yaaltH, public debt ajid taxation,
inciu<iin^ financial fet^tistlcs #f Jocal governments, every1 10
years; annual tenipilation \of fifcapeial statistics of State and
, w municipal governments.
'
"^ ( ^
, , Compilation of statistics of marriage, divorce, birthsj deaths,
. and pfcnal institutions $nn#«$y, and of (feath rates, in Cities ana
automobile accident^ vereekl;?. ;t\
- ., f , '
Compilation quarterly o'r, ^monthly of staktistics on $otto£,
wdoi, tobacco, leather^ aiid :other industries; publication in the
Surrey of Current Business of monthly commercial a$d andus• trial statistics. . - \;, ( , ' > ^ '
.; . :\ ' . '
( ' .•
BUREAU JOF FOftEiGN AND DOMESTIC
,/ - ' ; i j , COMMERCE
' ' _ :".' ' .A
; Jtrtitrs KLBIN,, Director
:
The collection of tiri^el'y information concerni^jg world market
; conditions and openings fpf American products in foreign countries, through commercial afttach$s, trade commissioners, %nd
mmerce
^coimilar officers, andttit& distribution through weekly Com
Exports,lt bulletins, .confidential circulars, the n^wr and trade
v p^essit an d district an<J ,cooperative offices in $5 cities.
The maintenance/of copaiabdity, technical, and regional
divisions to afford special< <service to American exporters 'vand
'.
' -.
•
1
compilation i and <Jistribution of lists of possible -buyers
ageiits'for Amfepican^oducts in all parts of the w^id and
publication of weekly lists of specific sales opjp^prt unities abroad.
The publication pi statistics on imports ancj experts.
The stqdy o^ the proce^eff of domestic trade and commerce.
BUREAIJ OF STANDARDS
\ /' GEQ^GB t K^ BtrtQ^ss, Director /
y, development^ and construction c$ standards of
naeasurement, quality, performance, t»r practice; comparison
of standards used >by'Wie^no or other instittttions; det^rminati)6n of physical constants and properties of materials; researches
. 'anditests on materiai^ and processes; and publication of sclentificvand technical bulletins reporting results oi researches and
, fxtndamental technical data.
' • ,,
/ Preparation of specifications \fqr jSovernmeM purchases,
through the Federal Bpecifi cations .Board. , \ ,
^Collection
^and '. .diasemination pf information" . concerning
7
construction of touises, ,
!building codes aftd tKe.plajdiningand
&tablishment of [ simplified commercial 'Practices through
Cooperation with, t>usitiess ^organizations in or<$er to redtiee the
.wastes resulting f^pm excessive variety in commodities.
BUREAU OF MINES
(
,
; SCCKTT TtJRNEB, Pirectdr
Technical investigations , in the ^ mining, preparation and
utilisation of minerals, including the study of .mine hazards
and safety methokJs and of Improved methods in the pro*
Auction an<i usie of mijqtierais.t ,
•Testing of Gqvefhment fuels and ^management pf ,the Governmcnt FtielTard at




Research on helium and operation of plants producing it.
Studies^ in the economics and marketing of minerals and col*
lect)on of statistics on mineral resources and mine accidents,.
, The .dissemination of results of technical afad economic
researches ijn, bulletins, technical papers, mineral resources
series, miners* .circulars, and miscellaneous publications.

BUREAU OF FISHERIES
,
H$NRY O' MALLET, Commissioner
' The propagation ai^d distribution of food fish and shellfish,
i!n order to prevent the depletion of the fisheries; investigations
to promote Conservation of fishery resources; the development of commercial fisheries and agricylture; study of fishery
methods, improvements in merchandising and collection of
fishery statistics; administration of Alaska fisheries and fur
sealg; and tjie protection of sponge^ off the coast of Florida.
BUREAU OF LIGHTHOtfSES
, GJCO^GB R« PUTNAM, Commissioner
{
, '. Maintenance of lighthouses and other aids to water navigation. Establishment and maintenance of, aids to navigation
along fciyil airways*
>^
Publication pf Light .Lists,, Buoy lasts, and Notices to Marl^ giving information regarding these aids to navigation.
COAST AND GEODETIC SURVEY
E* LESTER JONES, Director
Survey of the coasts of the United States and publication of
charts for $he navigation of th$ adjacent waters, including
Alaska, the, Philippine Islands, Hawaii, Porto Rico, the Virgin
Islands, and thei Canal Zone; interior control surveys; magnetic surveys; tide and current observations; #nd seismological
investigations.
,
- , .
Publication ,of reisults through charts, coast pilots, tide tables,
current tables, and special publications.
BUREAU OF NAVIGATION
AR$HUB J^ TTREB, Commissioner
Superintendence of commercial marine and merchant seamen.
Supervision of registering, enrolling^ licensing, numbering,
etc',,, of vessels under the United States flag,
and the annual
v
tmblicatiotrof- a list of such vessels.
Enforcement of the navigation and steamboat inspection
laws, including imposition of fees, fines, tonnage taxes, etc.
STEAMBOAT INSPECTION SERVICE
DICKEKSON 3Sf. HOOVER, Supervising Inspector General
1 The inspection of merchant vessels, including boilers, hulls,
and life-saving equipment, licensing of officers
of vessels, certification of able seamen and lifeboat men,1 and, the investigation
of violations of steamboat inspection laws. ,

UNITED STATES PATENT OFFICE
THOMAS E. ROBERTSON, Commissioner
The granting of patents and the registration of trade-marks,
prints, and labels after technical examination and .judicial proceedings. ; '
.
Maintenance of library with public search room, containing
copies of(foreigii and United States patents and trade-marks.
Becording bills q( sale, assignments, etc., relating tp patents
a&d trade-marks. Furnishing copies of records pertaining to
patents.
,
Publication of the weekly Official Gazette, showing the pat*
ents and trade-marks issued,
i
s
RADIO DIVISION
W. D. TBRBBEL, Chief
Inspection
of
radio
station* on ships; inspection of radio stat
tions on shorCj including broadcasting stations: licensih^ radio
operators; assigning station call letters; enforcing the terms of
the International Radiotelegraphie Convention; and examining
and settling international radio accounts.