Full text of Survey of Current Business : October 1928
The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
.,'••• . 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 Subscription price of the SURVEY OF CURRENT BUSINESS is 21.50 a.-ye^Q single copies, (mohthlyj, 10 cente, semiannual issues, 25 cents. Fpreign ^bscriptbns, $2.25; single copies (i^onthly; issues), including postage* 14 .cents; semiannual issues^ 36 cents. Subscription price of COI*MERCE REPORTS is 34 a^ear; with t^e SURVEY, $5.50 a year. Make remittances only to Superintendent of Document ngto^n^ D, C, by postal &bney order, express order, or New York draft. Currency at sender's risk.; Postage stamps <k JfSreiga ' > ' ' ' ' ' x ^ ' !'v' ' • ' money not accepted \ , -. , '\' -\ \ , i 0 -\ V. S. COVERNHENT PRtNTIHO OFFICB. l»2» INTRODUCTION The SURVEY OF CURRENT BUSINESS is designed to present eadh month a picture of the;business situation by setting forth the principal facts regarding the v^rious lines ;qf "tifadd and industry. The figures reported ; are'yery. largely ^those already iiis existence*/ The < * chief function of the <Je]partnient is to. bring together these }dat& \^hieh', if available, ait all, are scattered jri huBdr^dLs-of fiifferent/publicfitioii's. A portion of these data are collected by Government departments, other figures are compiled >by 'technical journals, and .still others are ^ported by trade associations. ^At.s^miahnuftl intervals detailed tables ^re pub-' Ii$he4 giving,"for each item, monthly figures for the past two ^e^sane)^ yearly comparisons, where available, baek;to 191$;: alk> l>lank lines sufficient; for six rnonths fiave been; Mt at the bottom of, each»table, ^enabling those who careTto do so to ent;>er new figures as soon &s they Appear (s&e August, 1928, issue). < In the iat^rveiiing months the niore important comparisons only are friveVin 9 the table entitled- ^Treriii<)f busi-Jl designed to show the trend of an entire group of industries or for the country as a whole, instead of for the single commodity or industry which the relative number covers. Comparisons ^th the base year or with other periods are made in the same manner o& in case of relative numbers. RATIO CHARTS In most instances the charts used in the SURVEY, OF CURRENT .BUSINESS are of the, type termed " Ratio Charts" (logarithmic scale), notably the Business Indicator charts on, page 2. These charts show the percentage ^ increase and allow direct comparisons between the slope of one curve and that of any other curve regardless of, its location on the diagram; that is, a 10 per pent increase in an item is given the same vertical movement whether its curve is near the bottom or near 'the top of the chart. The difference between this and the ordinary arithmetic form oi; chart can be made clear by an example. If a certain * ^ -.->.' * „ - ', ,^ ^ " item having a relative number of 4&0 in one month increases 10 per cent in the following month, its WEEKLY SUPPLEMENT relative number will be 440, and on ;an ordinary ( chart would be plotted 40 equidistant scale points ^ Realizing thjat Current statistics are liigbty parish^ ,abje and that to Ife of use they must rekch the business higher than ? the preceding monthis. , Another move* tf$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 ^aid in the, development of towns throughout the country. A shprt bibliography is included*^ Price, 15$. ,, , BU&EAU OF f HE CENSUS For information concerning plan of4>ttblication anti distribution o£ censiis publife&' " v tions, addre$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. " ,Censiis of Religious Bodies, 1926.—lDeuominatipnai reports showing history, doctrine, and, organization with, general statistics concerning membership, value, amount of church* property, debt, -expenditures, etc.; ' , j , v Christian Congregation. Paper, 6'pages, 'enVintiocTof Christian &hur6h),, Paper, 13 Christian •istian Chureh (General -Con pages. Price; , < . ••'»*.-" Price/ 5£. %xx . : Church urch of Armenia in America. * Paper. 13 pages. Price, 50. , Church of Daniel's Band. ; Paper; 6 pages. Price, fy. ,. •< ' x 'Chutch of God (Apostolic); £ap&v. ,7 pages^ Price, 50. < Evangelical Church. Paper, 14 pages. Price, 5^. > ,' ~- . \ Hephzibah Faith Missionary Association. Paper., 8 pages. Price, 5$.rJf Holiness Church. Paper. , 9 pages. Price, 5£. , ' *' Liberal Church of America. Paper. 6 pages. Price, 50. ' , -" .• Protestant Episcopal 'Church. Paper. 23 pages. Price, 5£. ' ,( . x 1 ' Universalist Chureh. Paper. - 14 pag^s. Price, 50. r « - - ", " Vedanta Society.* paper. ,6 p,ages. "Price, 5£. , v Evangelical Congregational Church, Paper. 10 pages. Price,, 50,^ - 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, $1.25. < , Foreign Trade of United States in Fiscal Year 1927-28, by Lawrence B. Mann and Grace A. Witherow. Trade Informal « tion Bulletin No, 572; iv-}--24 ^ages. ghow^ the , trends' An trade of the United States during the past fiscal year. , BUREAU OF STANDARDS Simplified Practice Recommendations : 1 ,R3-28. Metal Lath. iv4-10 pages, J illus. Price, 5*. ; \ • R 34-28. Boofing Slate. iv-bi2 pages, 1 illus. Price; 50. B20-28. Steel Barrels andrDriiftis; ^i+10 pages, Villus. Price, 50k , R37-28. Commercial 'Forms s (Invoice, Inquiry, an4 Purchase Order), ' xiV4-i2 pages, 1 illus. > Price, 50. ^ B43-28,' Paint and Varnish Brushes. iv-|-l6 pages, 1 illus. Prlpe, R51-28. Die-Head Chasers (for Self-Opening and Adjustahle Pie ^ vi-H4 P^ges, 1 mtis. Price, 50. ' • ^ • ^80-28: Folding an<J Portable Wooden Chairs. iv-fU pages,, X villus. Price, 30. , , . '" " v R86-28. Surgical Gauze. vi^l2-pa^es, 1 illus. - Price, 50, ', ' No. 3 to Miscellaneous Publication No. 15: Some Technical Methods of Testing Miscellaneous §ripplies, etc, 4 pages. , '' < , Technical News Bulletin, August, 1928. fages 109-124> This monthly publication cbfitams , items describing f bie labpratory activities of the bureap &nd a list of pamphlets issued ,atxd magazine articles ^'publislied during the preceding m'onth. , AnnuaT subscription, 25£ x- , , , United Stated Goternment M^ter Specitcatiqtts, — These specification^ f or tlie purchase of materials for, the Use of Government departments ^re issued as circulars of the ^Bureau, ofj Stand^,rds. ' Those^ lifted below hy circular Dumber lniay be^ obtained at Sc.'e'ach: _: * No. 364.- -ShadeLCioth. N 4 pages. ^\No. 367. 3DrItr(!Tntoleache$). 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 , , Food of Bullheads, by Ijou^lla E. Cable. SdcumenJ No. 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 Statds, 1927-, Pi. II,,pp, 39-42.) Price, 5c. , 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. ; \ / **, / ./ , .- ' ( > , * ' • ' ' M^asiiring Vacation, of Ground Resistivity with Megger, by F.' W. Lee. : Technical Paper 440j ii-jrl6 pages, 8 iliuis.V^ plates. Price, lOc. , , , ^ , . ' American riocttiti^nted Seagoing Merchant Vessels, , of 500 Gross Tons aiicj >Qver, August, 1928. di-{-72pagesJx Monthly. Single copies, Ipe.;' annual subscription, 75b. , 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. . , , > *. J.I0HTHOUSE SERVICE Regulations for Uniforms, 19^8. ii+12 •pag^s>!4 pag^s of ^lustrations: t , -^ , ' . ^ I .; ' 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.