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MONTHLY SUPPLEMENT TO COMMERCE REPORTS

UNITED STATES DEPARTMENT OF COMMERCE
WASHINGTON

SURVEY OF
CURRENT BUSINESS
BUREAU OF THE CENSUS •.

COMPILED BY
BUREAU OF FOREIGN AND DOMESTIC COMMERCE

No. 25

: BUREAU OF STANDARDS

SEPTEMBER

1923

CONTENTS
Page.

Summary for July
Business indicators (diagrams and table)
Wholesale price comparisons (diagram and table)
Comparison of food price index numbers (diagram)
Business conditions in July
Business summary
August data
Summary of business
Trend of business movements:
Textiles
Metals
Fuel and power
Paper and printing
Rubber
Automobiles
Glass and optical goods
Buttons
Building and construction
Hides and leather
Chemicals, naval stores, and fats and oils
Foodstuffs

1
2,3
4,5
6
7
7
19
20
24
25
28
29
29
30
30
30
30
33
34
35

Page

Trend of business movements—Continued.
Tobacco
Transportation, water and rail.
Labor
Immigration and emigration
Distribution movement
Public
finance
Banking and
finance
Foreign exchange and trade
Trade and industry of foreign countries
Detailed tables:
Wood chemicals
Cement
Fall River mill dividends
Roofing felt
Life insurance
Employment by industries
Miscellaneous
World production of cotton and wheat
World production of sugar, flaxseed, and rice
Sources of data.

38
38,39
39
40
40
40
41
43
44
46
47
48
49
50
52
54
58
59
60

SUMMARY FOR JULY.
The usual midsummer depression in business activity occurred in July, which was at least partly responsible for the slackening in production and trade. In
a few important industries larger output occurred than
in June, notably crude petroleum, but in most industries production declined from June. The award of
building contracts declined, partly due to seasonal
conditions, but production of building materials was
slightly larger than in June.
The situation in respect to stocks and unfilled orders
was practically identical with July, 1922, with production higher in all principal groups except crop marketings. The index of unfilled orders dropped from 76. 5
in June to 67.6 in July, as against 65.8 in July, 1922.
6167&-23




1

The index of commodity stocks rose from 101.5 to
103.1, as.against 103.0 a year ago.
Sales in wholesale and retail trade were affected by
seasonal conditions, but exceeded July, 1922, for mailorder houses, 10-cent chains, department stores, and
wholesalers. Wholesale prices declined, and retail
food prices and living costs advanced over June.
Employment in factories was practically identical
with June.
The surplus of idle freight cars increased from 58,671
cars at the end of June to 76,453 cars in July, while
shortage was reduced from 11,896 to 9,570 cars. Car
loadings were smaller than in June, but higher than a
year ago.

BUSINESS INDICATORS.
(1913 monthly average=100. See explanation on inside front cover.
PIG IRON PRODUCTION.
1921

1920

COTTON CONSUMPTION.

BITUMINOUS COAL PRODUCTION.
1928

1.000

1921

1923

1922
-

300

-(

60C

00

1

400

r^v—^
L

A
\

/-

i

i\
\

60

^

A r0*
i

80

« 8

INDEX

I

i

-^\-—

/
/
/

l/v /

IU

W

V

20

1
in

NET FREIGHT TON-MILES.

EXPORTS (VALUES).

BANK CLEARINGS OUTSIDE NEW
YORK CITY (VALUES).

eoo

400

§

V

? 60
40

20

30

in

10

DEFAULTED LIABILITIES (VALUES).

40

20

10

WHOLESALE PRICES.
1922

—-\

V
8Z 60
40

1
f
/




"

8 80

jj.
60

—

§

i

§

400

s^

PRICE OF 25 INDUSTRIAL STOCKS.
1923

iaaa

1923

BUSINESS INDICATORS.
The following table gives comparative index numbers for a selected list of important business movements. It is believed that this
table will prove useful, because it separates out from the large mass of material a comparatively small number of items which are often
regarded as indicative of business in general.
The table has been divided into two parts, the first containing those items for which index numbers can be calculated, using 1913 as
a base. The second part contains item3 for which comparable data back to 1913 are not available. This latter group of index numbers
is calculated by letting the 1919 monthly average equal 100. Care should therefore be exercised in comparing the absolute value of the
two sets of data. In either group, however, the upward or downward trend of the index numbers, compared to previous months, does
reflect the present tendency in each item and will give a basis for business judgment.
1922

MONTHLY AVERAGE.

1923

COMMODITY.

1920 | 1921 1922

June. | July.

Aug. Sept.

Oct.

Nov.

Dec. i Jan.

Feb.

Mar.

Apr.

May. June. July

1913 monthly average=100.
Production:
Pigiron*
Steelingots
Copper
Anthracite coal
Bituminous coal
Crude petroleum
Cotton (consumption) *«
Beef
Pork
Unfilled o r d e r s :
Steel Corporation
Stocks:
|
Crude petroleum
Cotton (mills and warehouses) * «..
Prices:
Wholesale index, all commodities
(Dept. Labor)
Retail food (Dept. Labor)
Retail coal, bitum.—U. S. average
(Dept. Labor)
Farm crops (Dept. Agriculture) 1 ...
Farmlivestock (Dept. Agriculture).
Business
finances:
Defaulted liabilities
Price 25 industrial stocks *
P r i c e 25 r a i l r o a d s t o c k s *

Banking:
Bank clearings, New York City
Bank clearings, outside N . Y . City..
Commercial paper interest rate
Distribution:
Imports (value)
Exports (value)
Sales, mail-order houses
Transportation:
Freight, net ton-miles

94
117

71
104

111
121
136
131
101
103
112
111
114 ! 117
230
242
120
110
134
124
146
183

126
151
110
114
126
249
127
125
188

117
137
101
102
106
234
118
107
156

139
156
116
106
107
281
120
119
153

151
166
123
112
116
299
129
129
153

143
149
123
114
114
297
112
122
156

144
139
123
109
113
315
96
119
146

117

116

114

117

123 I 125 123

118

108

100

251
138

253
183

252
191

252
193

251
176

247
155

255
145

260
124

267
103

276

2S5

83

05

155
139

153
140

154
140

156
145

156
147

156
144

157
142

159
142

159
143

156

153
144

151

143

175
118
119

184
114
112

205
110
109

205
110
110

208
118
105

207
123
104

206
126
106

205
130
107

203
134
106

192
139
107

140
105

185
139
100

185
136
102

168
166
74

176
170
77

177178
82

162
184
83

152
191

177
182
76

256
187
74

217
190
74

179
198
79

213
199
78

227
195
76

181
186
73

126
182
73

176

119
135
99
97
116
178
HI
121
HI

54
64
39
99
87
189
85
109
H6

87
114
81
58
85
222
102
121
129

124
93
1
56
220
106
125
149

MZ
2
43
225
95
119
117

170

90

96

95

98

101

113

109
150

152
183

234
161

244
103

249
87

250
83

149
226 . 147
142
203 153
,
207 ; 197 188
23
8
109 , 113
168 ; 107 111
J
108
229
i 230
i84
169
i 136
67
75
64

150
141

155
142

175
119
119

257

275
12
7
294

I

79
112
QQ
95
yo
65
2
56 | 103
225 i 219
109 j 102
127 j 131
101
109

Q9

103
135
101
112
113
231
111
141
113

138
160
119
117
117
271
130 !
117
177

186

147

157
70

205
212
113

230
229
76

255
234
70

233
223
65

215
225
68

219
234
72

249
266
76

220
245
76

240
258
80

251
289
80

213
230

251
271
87

228
261

244
271
89

237
267
86

211
256
86

14

174
154
204

174
162
174

169
145
154

188
146
157

200
151
190

185
179

195
184
277

197
166
287

220
162
243

203
148
232

267
165
290

244
157
272

249
153
260

214
155
221

190
150
199

114

106

99

111

125

144 | 139 i 132 I 138 119

143

140

139

141

135
129

136
99

126
90

°

331

181

264

188

137

105

1919 monthly average=100.
Production:
— —
Lumber*
100
Building contracts (floor space)
72
Stocks:
Beef
70
Pork
97
B u s i n e s s finances:
Bond prices index (40 issues)
| 86
Banking:
I
Debits to individual accounts, out- j
j
side New York City
114
Federal Reserve, bills discounted... 132 ,
Federal Reserve, total reserves
97
Federal Reserve, ratio
87 \

85
69

114
102

132
130

43
85

27
70

21
94

87

107

108

122 ! 129

124 | 123 j 124 ;

96

109

95 ! 100 ! 101 I

83

83

99
89

20
81

22
67

28
47

40
50

48

68

48
82

42
92

111

112

110

107

1 107

107

106

111

I 116

20
91 1
109

97
28
144
154

98
24
144
154

93
90
20 ' 21
145 ! 146
158
158

38
102

33
112

27
109

24
113

110

104

103

104

104

103

96
112
31 i 36
146
145
152
150

107
33
145
153

116
38
146
152

111
40
146
153

104
39
146

1
!
94
22
146
156

105
24
147
155

112
98
34 1 33
144
146
144
152

19

1

i

91
91
122
122

| 131
130
; 139 ! 138

112
31
147
153

156

* Monthly statistics on the movements since January, 1913, or as far back as available, are given on pages 47-49 of the December Survey (No. 16).
i Monthly prices are for the 15th of the month indicated.
* Based on the total computed production reported by 5 associations. Includes southern pine, Douglas fir, western pine, North Carolina pine, and Michigan hard
and soft woods. The total production of these associations in 1919 was equal to 11,190,000,000 board feet, compared with a total lumber production for the country of
34,552,000,000 board feet reported by the census.
* Less than 1.
< Yearly figures are monthly averages for the crop year ending July 31 of year indicated.




COMPARISON OF PRESENT WHOLESALE PRICES WITH PEAK AND PRE-WAR,
(Relative prices 1913=100.)
INDEX NUMBERS
300
FARM PRODUCTS-AVERAGE

400
PRICE TO PRODUCER

WHEAT
CORN
POTATOES
COTTON
COTTON SEED
CATTLE. BEEF
HOGS
LAMBS
WHEAT, SPRING
WHEAT. WINTER
CORN. NO. 2
OATS
BARLEY
RYE.

NO. 2

TOBACCO.BURLEY
COTTON.
WOOL. SCOURED (BOSTON)
CATTLE. STEERS
HOGS. HEAVY
SHEEP. EWES
SHEEP. LAMBS
FLOUR, SPRING
FLOUR. WINTER,
SUGAR. RAW
SUGAR. GRANULATED
COTTONSEED OIL
BEEF. CARCASS
BEEF. STEER, ROUNDS
PORK. LOINS
COTTON YARN
COTTON. PRINT CLOTH
COTTON, SHEETING
WORSTED YARN
WOMEN'S DRESS GOODS
SUITINGS
SILK. RAW
HIDES. PACKERS
HIDES. CALFSKINS
LEATHER. SOLE OAK
LEATHER. CHROME
BOOTS AND SHOES (BOSTON)
COAL. BITUMINOUS
COAL. ANTHRACITE
COKE
PETROLEUM
PIG IRON. FOUNDRY
PIG IRON. BASIC
STEEL BILLETS. BESSEMER
COPPER
2 PEAK PRICE
LEAD

PRICE I N JULY 1923

TIN
ZINC
LUMBER. PINE. SOUTHERN
LUMBER. DOUGLAS FIR
BRICK. COMMON. NEW YORK
BRICK. COMMON. CHICAGO
CEMENT
STEEL BEAMS
RUBBER. CRUDE
SULPHURIC ACID




V/////////////////A

WHOLESALE PRICE COMPARISONS—MAXIMUM PRICE COMPARED TO PRICE IN RECENT MONTHS.
NOTE—Prices to the producer on farm products are from U. S. Department of Agriculture, Bureau of Agricultural Economics. All other prices are from U. S.
Department of Labor, Bureau of Labor Statistics, except market price of wool compiled by U. S. Department of Commerce, Bureau of the Census. As far as possible all quotations represent prices to the producer or at the mill. See diagram on page 4.

COMMODITIES.

Date a n d m a x i m u m
relative price.

May*
1923.

June,
1923.

July,
1923.
—•

Relative price.
(1913 average-100.)

F a r m products—Average price to producers:
Wheat
Com
Potatoes
Cotton
Cottonseed..
Cattle, beef.
Hogs
Lambs
F a r m products—Market price:
Wheat, No. 1, northern, spring (Chicago)
Wheat, No. 2, red, winter (Chicago)
Corn, contract grades, No. 2, cash (Chicago)
Oats, contract grades, cash (Chicago)
Barley, fair to good, malting (Chicago)
Rye, No. 2, cash (Chicago)
Tobacco, burley, good leaf, dark red (Louisville)
Cotton, middling upland (New York)
Wool, scoured J-$ (Boston)
Cattle, steers, good to choice, corn fed (Chicago)
Hogs, heav j (Chicago)
Sheep, ewes (Chicago)
Sheep, lambs (Chicago)
1
Food:
Flour, standard patents (Minneapolis)
Flour, winter straights (Kansas City)
Sugar, 96° centrifugal (New York)
Sugar, granulated, in barrels (New York)
Cottonseed oil, prime summer yellow (New York)
Beef, fresh carcass good native steers (Chicago)
Beef, fresh steer rounds No. 2 (Chicago)
Pork, loins, fresh (Chicago)
Clothing:
Cotton yarns, carded, white, northern, mule spun, 22-1 cones (Boston)
Cotton, print cloth, 27 inches, 64 x 60-7.60 yards to pound (Boston)
Cotton, sheeting, brown, 4/4 Ware Shoals L. L. (New York)
Worsted yarns: 2/32's crossbred stock, white, in skein (Boston)
Women's dress goods, storm serge, all-wool, double warp, 50 inches (New York)
Suitings, wool, dyed blue, 55-56 inches, 16-ounce Middlesex (New York)
Silk, raw Japanese, Kansai No. 1 (New York)
Hides, green salted, packer's, heavy native steers (Chicago)
Hides, calfskins, No. 1, country, 8 to 15 pounds (Chicago)
Leather, chrome calf, dull or bright " B " grades (Boston)
Leather, sole, oak, scoured backs, heavy Boston
Boots and shoes, men's black calf, blucher (Massachusetts)
Boots and shoes, men's dress welt tan calf (St. Louis)
Fuels:
Coal, bituminous, Pittsburgh, mine run—Kanawha (Cincinnati)
Coal, anthracite, chestnut (New York tidewater)
Coke, Connellsville (range of prompt and future) furnace—at ovens
Petroleum, crude, Kansas-Oklahoma—at wells
Metals:
Pig iron, foundry No. 2, northern (Pittsburgh)
Pig iron, basic, valley furnace
Steel billets, Bessemer (Pittsburgh)
Copper ingots, electrolytic, early delivery (New York)
Lead, pig, desilvered, for early delivery (New York)
Tin, pig, for early delivery (New York)
Zinc, slab, western, early delivery (New York)
Building materials a n d miscellaneous:
Lumber, pine,southern,yellow flooring,! x 4, " B " and better(Hattiesburgdistrict).
Lumber, Douglas fir, No. 1, common, s 1 s, 1 x 8 x 10 (State of Washington)
Brick, common red, domestic building (New York)
Brick, common building, salmon, run of kiln (Chicago)
Cement, Portland, net without bags to trade, f. o. b. plant (Chicago district)
Steel beams, mill (Pittsburgh)
Rubber, P»ra Island, fine (Ntw York)
Sulphuric acid, 66° (New York)




June,
July,
June,
July,
May,
May,
July,
Apr.,

i Percent !
increase \
: (+) or decrease (—)
_• in July j
from J u n e

1920
1920
1920
1920
1920
1919
1919
1920

326
300
706
312
321
183
256
239

135
138
128
213
214
98
95
180

120
140
139
218
198
99
85
176

106
141
205
196
190
97
89
174

11.7
0.7
48.2
10.1
4.0
2.0
4.7
1.1

May, 1920
May, 1920
Sept., 1917
June, 1920
Mar., 1918
Mar., 1918
Mar., 1919
Apr., 1920
Nov., 1919
Mar., 1919
July, 1919
Apr., 1918
Feb., 1920

354
302
331
296
325
451
352
331
262
218
266
319
263

131
131
130
120
108
122
208
216
213
112
89
132

121
121
134
117
103
108
211
222
205
121
83
103
190

111
103
137
112
104
102
212
202
209
125
86
108
179

8.3
14.9
2.2
4.3
10
5.6
0.5
9.0
2.0
3.3
3.6
4.9
5.8

May, 1920
May, 1917
May, 1920
May, 1920
July, 1919
Sept., 1920
July, 1920
Sept., 1919

328
363
598
526
374
201
211
254

147
148
227
220
161
112
112
130

137
138
213
215
156
117
125
108

131
126
198
199
141
122
141
131

4.4
8.7
7.0
7.6
9.6
4.3
12.8
21.3

May,
Apr.,
May,
Jan.,
Oct.,
July,
Jan.,
Aug.
Aug.,
Nov.,
Aug.,
Mar.,
Aug.,

1920
1920
1920
1920
1918
1920
1920
1919
1919
1919
1919
1920
1919

348
478
427
289
292
291
466
283
490
473
230
308
292

190
212
202
232
184
239
232
101
90
163
120
209
153

185
203
194
232
184
239
211
89
81
163
120
209
153

177
192
190
232
184
239
197
79
79
163
120
209
153

41.3
5.4
2.1
0.0
0.0
0.0
6.6
11.2
12.5
0.0
0.0
0.0
0.0

Sept.,
Oct.,
Aug.,
Mar.,

1922
1921
1920
1920

336
201
637
375

200
200
211
163

188
200
195
155

177
200
187
155

5.0
0.0
4.1
0.0

July, 1917
Sept., 1920
July, 1917
Mar., 1917
June, 1917
May, 1918
June, 1915

346

230
261
224
386

200
197
173
99
168
95
121

185
186
165
94
164
92
110

170
171
165
92
145
86
110

8.1
8.1
0.0
2.1
11.6
6.5
0.0

Feb.,
Jan.,
Feb.,
Oct.,
Sept.,
June,
Jan.,
Feb.,

455
407
381
251
195
331
124
250

224
236
305
17S
173
174
31
75

212
212
309
176
173
169
31
75

202
212
320
175
173
167
30
75

4.7
0.0
3.6
0.6
0.0
1.2
3.2
0.0

1920
1920
1020
1920
1920
1917
1913
1916

-

COMPARISON OF WHOLESALE AND RETAIL FOOD PRICE INDEX NUMBERS.
WITH INDEX OF ALL COMMODITIES AT WHOLESALE.
(U. S. Department of Labor index numbers. Relative prices 1913=100.)
1917

1616
J J A S 0 ^ D

F IV A

260

F

1018

A 0

1 /

A S G

^

c

F IV1 /{

K1

1919
s 0

J

1 C>

F

v

1920
1-

c) ^

4 «! 1 /

^

J
t
i

240

1921

f

\ IS

1

\

t
i

*N

230
/ '

1
I

/

220

i

\
\

i
•

210

\

/
1

\

/I
/

o

190

\

/

180

y

/

f

i
i

j

i
i

1

/

/

-

t
\

\

f

4*

-

/

*
-

*•

on




\
\

/

\

/

1
/

\

110

100

\
•\
\
\

/

>

/

\

_

/

*

/

i
i

1

1

120

T

/'I

i

/

1

1

y

s

/

i

/

\

>

i

!

130

-

\

i

/

/

/

140

\

-

\

\

150

/j
i

i

i
if

>
A

\l
\

\ \

\

/

/
160

i

/

°i

I

1
1

1

/

\

/

\

/ ;

170

/

t

-i

200

\

\ /

19 3 ftV EF AC E

-

_

\

1
I

'; \

—

-

/

1

/

- h-

-

N

\

i

\

\

J

\

.i

1

1

._.

<
/1

1923

1922

1 i- hA )

5 C> r

\
\
\
\

4
*

BUSINESS CONDITIONS IN JULY.
The following pages contain a review by principal
industries of the more important statistics shown in
the table on the "Trend of business movements"
(p. 24). Summaries of production, stocks, sales, and
price changes are given also.

STOCKS.

PRODUCTION.

The index number of mineral production in July increased to 50 per cent above the 1919 average, owing
to the record production of petroleum. Animal products came to market in slightly less volume than in
June, owing to seasonal conditions, but the index number for July was higher than a year ago. Crop markets increased slightly over June, but were considerably lower than in July, 1923, owing chiefly to the
smaller receipts of wheat and corn.
Manufacturing production was lower than in June,
due partly to seasonal conditions. In the building
trades, production was slightly higher, and pig iron
and locomotives were produced in slightly greater
quantities than in June, with sole leather showing a
good increase. Most other manufactured commodities showed a decrease in output. Building construction contracts declined. (See diagrams showing relative production, stocks, and unfilled orders, index
numbers, and comparison of July production with
pre-war on pages 8 and 9).

The index number of stocks of commodity increased
slightly. Seasonal declines took place in stocks of
cotton, flaxseed, cottonseed oil and cement, but the
other commodities in the index showed an increase.
At 103.1, the index of stocks relative to 1919 was
fractionally higher than a year ago.
SAXES.

Manufacturers' sales in general declined, but wholesale trade increased over June. Retail trade in chain
stores and department stores made the usual seasonal
decline but stood above the July, 1922, figures. Mailorder sales showed the same conditions. The seasonal
decline in retail distribution also affected postal
receipts and newspaper and magazine advertising.
Security buying also slumped in July, with declines
in sales of stocks and bonds, in the issuance of new
municipal bonds, and in the investment in life insurance and savings accounts.
PRICES.

Prices paid to producers for crops stood at 136 in
July based on 1913 prices as 100 as against 139 in
June, and the livestock price index stood at 102 as
against 100 in June.

BUSINESS SUMMARY.
(Relative monthly average 1919=100, except unfilled orders.)
1923

1922

July.

June.
PRODUCTION:

April.

I

May.

June.

July.

90.2
83.4
105.7
80.1
116.2
119.4
110.8

123.1
109.9
90.5
121.1
111.4
61.0
120.4
137.9
138.2

131.8
117.2
96.9
140.8
127.3
54.9
135.0
143.5
129.4

122.8
112.1
95.0
145. 6
119.3
54.1
133.4
139.5
99.3

115.8
105.2
93.7
150.5
112.8
54.4
123.7
139.9
90.0

103.0

102.9

101.1

101.5

103.1

65.8

94.6

87.4

76. 5

67.6

8
0
9
2

58.4
126. 3
72.1
80.1

101.9
143.0
79.0
118.2

97.0
154.6
80.2
127.8

86.6
155.1
84.2
123.2

74.1
143.9
81.6
90.4

PRICES (recomputed to 1919 base):
Wholesale, all commodities
Retail food

72.8
75.8

75.2
76. 3

77.2
76.9

75. 7
76.9 j

74.3
77.4

73.3
79.0

COST OF LIVING (recomputed to 1919;

90 1

90.7

92.4

93.0

93.0

94.2

Manufacturing (total)
Manufacturing (62 identical)
Raw materials, total
Minerals
Animal products
Crops
Forestry
Electric power
Building construction (contracts awarded)

!
!
•

STOCKS OF COMMODITIES
UNFILLED ORDERS (relative to 1920)
SALES:

Mail-order houses
Ten-cent chains
Wholesale trade
Department stores




112. 3
102. 7
91. 3
84. 5
113. 6
75. 6
127. 9
118. 3
129. 7
104.0
G5. 6

103.4
•97.8

:

68.
127.
76.
108.

8
The wholesale price index of the Department of Labor
moved from 153 in June to 151 in July, all groups
participating in the decline except house-furnishing
goods, which remained unchanged. Cloths and clothing
made the greatest relative decrease. As regrouped by
the Federal Reserve Board, slight advances occurred
in animal products and in consumers' goods, while
agricultural products showed the greatest decrease.
Declines in wholesale prices also were reflected in
the index number for international price comparison

and in Dun's and Bradstreet's index numbers,
with declines of five, two, and three points, respectively.
The retail food price index rose from 144 in June
to 147 in July, based on 1913 as 100, and the cost-ofliving index stood at 162 as against 160 in June,
with increases in all groups, except fuel and light,
in which declines occurred, and sundries, which remained the same.
Foreign wholesale prices generally declined.

RELATIVE PRODUCTIONr, STOCKS, AND UNFILLED ORDERS IN BASIC INDUSTRIES.
(Monthly average 1920=-100.)

140

•A
i, /'

130

/

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120

i

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V V.

\

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\

1
1920 AVERAGE

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90

80

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r

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J923

1922

INDEX NUMBERS OF MINERAL PRODUCTION.
(Average monthly production 1919—100.)

t

/
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9

50

40

r

V

\

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ki

r

INDEX NUMBERS OP MARKETINGS OF ANIMAL PRODUCTION.
(Average monthly marketings 1919=100.)

200

180
160
140
120
/

100

80

k ,

— I I

*"" 1919 AVE RAGE

V

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60
40
20

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Q

INDEX NUMBERS OP MARKETINGS OF CROPS.

TEXTILES.

(Average monthly production 1919—100.)

60

Receipts of wool at Boston declined in July, although domestic wool receipts made a seasonal
increase. Imports of wool were less than half as
large as in June. The consumption of wool in textile
mills also declined and the activity of wool machinery
was less than in June. The price of raw wool increased slightly, but yarns, dress goods and suitings
showed no change.
Comparative figures compiled by the Bureau of the
Census show the number of men's and boys' garments
cut for March to June, inclusive, as reported by 335
identical establishments:

40

MEN'S AND BOYS' GARMENTS, CUT.

200

/
/ /

180

\\

160
140

V\\\

i
1919 AVEF AGE

I
X

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/
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J

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Z

20

z
<

z

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D

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0
D

HI
CO

h

>•

d

o

o
z

u

O

COMPARISON OF JULY PRODUCTION WITH PREi-WAR.
(Average monthly production 1913-100.)
INDEX NUMBERS
300
400
WHEAT TLOUR
BEEF PRODUCTS
PORK PRODUCTS

Q

Men's suits, wholly or partly of wool
Men's suits, wholly or partly of mohair,
cotton, silk, linen, etc
Men's separate trousers, wholly or partly
of wool
Men's separate trousers, wholly or partly
of mohair, cotton, silk, linen, etc
Men's overcoats
Boys' suits and separate pants (all grades).
Boys' overcoats and reefers (all grades)...

March.

April.

May.

June.

967,516

710,495

707,335

721,219

158,526

133,757

132,531

89,809

876,872

731,865

710,469

683,449

498,520
155,471
731,200
21,294

460,880
195,425
644,808
33,527

475,632
292,973
701,614
56,897

343,772
352,006
782,253
89,788

$60

The following table shows statistics of work clothing
for June as reported to the Bureau of the Census by
112 manufacturers:

LAM8 AND MUTTON

WORK CLOTHING (IN DOZEN GARMENTS).
June.
Cut . .
.
Sales
Cancellations
Stocks end of month

. . . .

168,819
140,494
4 365
190,313

Consumption of cotton by textile mills declined from
542,166 bales in June to 461,575 bales in July. Stocks
EXPORTS AND CONSUMPTION OP COTTON.
1.000
900

SINKS (ENAMEL
LOCOMOTIVES

1923

61676°—23-




10
of raw cotton made the usual seasonal decline, and at
the end of July the total stocks in this country stood
at about 750,000 bales less than a year ago. World
visible supply of American cotton also was less than a
year ago. Both imports and exports of raw cotton
declined from June as did exports of cotton cloth.
COTTON CONSUMPTION IN NORTHERN AND SOUTHERN MILLS.
400 r

HOSIERY (IN DOZEN PAIRS).

<\\ vA
V

*-\

Total.

V

\
\

/

%
V

A

v

100

/V

\ - \

t

1920

1923

1921

JUNE.

MAY.

A
• 200

The total activity of cotton spindles was less than in
June, but slightly larger than a year ago, due to a
larger number of active spindles. Prices of cotton
and cotton products declined in July.
Hosiery statistics for May and June compiled by
the Bureau of the Census for 313 identical firms representing 391 identical mills are as follows:

STOCKS OF COTTON: NUMBER OP DAY'S SUPPLY AT DAILY RATE
OF CONSUMPTION.
400

Men.

Production:
All cotton
1,696,618 1,031,409
All natural silk.
974,951
247,542
1,891,897
All others
429,391

Women.

Total.

Men.

665,209 1,532,989
906,911
727,409
534,045 1,756,723

955,536
249,880
409,744

Women.

577,450
657,031
473,011

Total

4,563,466 1,708,342 1,926,663 i 4,196,623 1,615,160 1,707,492

Shipments
Stocks end of
month
Orders
Cancellations
Unfilled
orders
end of m o n t h . . .

6,520,344 2,210,312 2,986,333 6,522,741 2,185,592 3,014,628
3,773,128 1,374,258 1,610,957 3,968,269 1,612,349 1,567,457
283,361
78,333 124,420
81,606 106,084
274,360

4,394,847 1,628,835 1,866,095 ; 4,398,366 1,682,197 1,798,223

10,490,063 4,349,705 4,094,890 ;10,145,426 4,638,243 3,726,754

The following table gives statistics on pyroxylincoated textiles as compiled by the Bureau of the
Census from reports of 12 identical manufacturers
with a capacity of 2,174,333 yards in March (capacity
varies slightly each month in accordance with number
of working days):
PYROXYLIN-COATED TEXTILES.

350

June.

March.

April.

May.

3,055,319

3,002,415

2,931,077

2,104,168

797,132
1,926,700

838,135
1,743,598

789,906
1,414,495

633,957
1,393,018

1,159,843
3,003,568

865,501
2,216,755

744,472
2,338,240

358,477
1,771,457

/

300
Q.
0L

D
CO

250

N

/

Ns.

7/f

N

200

i

D
Z 150

\
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i'

1

h

IUJ

1Iz

\

T

i/- 2

> \

100

50

Declines were also noted in the production and sales
of fine cotton goods in the New Bedford district, but
increases occurred in comparison with July, 1922.




Pyroxylin spread
pounds..
Shipments billed:
Light goods
linear yards..
Heavy goods.. .linear yards..
Unfilled orders, 1st of month:
Light goods
linear yards..
Heavy goods.. .linear yards..

Both imports and apparent consumption of raw silk
increased in July over the previous month and over
the corresponding month last year. Stocks of raw
silk at warehouses declined and price quotations were
lower than in June.
Imports of burlap declined from June but unmanufactured fibers showed increased imports.
HATS.

Statistics furnished by the National Association of
Hat Manufacturers show the following comparisons
between July, 1923, and July, 1922, as reported by
six manufacturers, with about 21 per cent of the hatforming capacity of the United States, except that fur
statistics are given by six manufacturers with 18 per
cent of the forming capacity.

11
HATS (IN DOZENS).

July,1923. July,1922.
Dozens.

Capacity of formers
Formed
Packed
Returned
New orders
Can relations
Unfilled orders not packed
Unfilled orders not formed
Surplus bodies on hand

57,321
51,670
51,167
1,004
31,548
971
55,661
8,248
19,1S7

Fur (all kinds):
Consumption
Stocks, end of month
On contract, end of month.

Pounds.
102,643
211,140
179,260

Dozens.
53,646
53,878
55,867
950
49,396
607
67,978
10,649
20,559

Tonnage of fabricated structural steel booked in
July showed a slight decline. The following table
shows bookings each month as reported to the Bureau
of the Census by 175 identical firms with a capacity
of 229,375 tons per month, and total sales computed
to a capacity of 250,000 tons per month at the rate
of sales to capacity of the reporting firms.
BOOKINGS OF FABRICATED STRUCTURAL STEEL.

Pounds.
YEAR AND MONTH.

1922.

April

IRON AND STEEL.

Iron ore movement through the Sault Ste. Marie
Canal increased and was 9 per cent higher than a year
ago. Stocks of iron ore increased at both furnaces
and Lake Erie docks, but the supply was less than
that held a year ago. Consumption of iron ore
declined from June.
Production of pig iron increased slightly over the
June output, but steel ingot production declined.
Merchant pig iron operations showed declines in production, shipments, and unfilled orders but increases
in sales and stocks. Sales of steel castings declined
in July and unfilled orders of the United States Steel
Corporation showed another decrease. Exports and
imports of iron and steel both gained over June.
Meltings and stocks of Ohio grey-iron foundries increased. Prices of iron and steel declined, especially
pig iron.

Computed

Actual

92,581
180,293
218,895

200, 588 ;

184,638 :
168,498
157,631
156,011
146,146 \
132,450
i l l , 794
138,024 ;

May
June
July
August
September
October
November
December

January
February
March
April
May
June
July

1923.

!

:
I

87

217,500

81
73
69
68
64
58
49
60

202,500
182,500
172,500
170,000
160,000
145,000
122,500
150,000

s

I
172,415!
183,938 !
218,997
i 185,335
1131,291
2H6,609
3H5,727 |

75
80
95 ;
81
57
51
51

;

\

187,500
200,000
237,500
202,500
142,500
127,500
127,500

1

Reported by 174 firms with a capacity of 229,375 tons.
2 Reported by 170 firms with a capacity of 228,160 tons.
3 Reported by 167 firms with a capacity of 228,515 tons.

Locomotive shipments by principal manufacturers
increased slightly in July owing to larger shipments
LOCOMOTIVE SHIPMENTS AND UNFILLED ORDERS.

PRODUCTION OF PIG IRON AND STEEL INGOTS AND U. S. STEEL
CORPORATION'S UNFILLED ORDERS.
12

0-

r

\

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\
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« 4

*

r

p
1920

1921

1922

1923

Production of steel sheets by independent manufacturers was reduced from 80 to 65 per cent of capacity.
Declines were also made in shipments, sales, stocks,
and unfilled orders for sheets. Production and shipments of steel barrels increased slightly, but unfilled
orders declined.




I

1923

12
to foreign countries. Unfilled orders for locomotives
declined. Freight-car orders were less than in June.
The monthly report of the Bureau of the Census
on malleable castings manufactured for sale (excluding
castings used in the plant or finished and sold as other
products) shows the following comparisons for 88
identical plants with a capacity for May of 87,698
tons (capacity varies slightly for each month owing to
different number of working days).
MALLEABLE CASTINGS.
May.
Production
Shipments
Orders booked
Production relative to capacity

tons..
tons..
tons..
per cent..

62,273
60,465
50,470
71.0

June.
58,440
58,072
36,240
66.9

July.
50,111
51,783
36,252
57.2

Sales of stokers were less than in June, as were shipments of steel furniture stock goods. Sales of tubular
plumbing increased in number of pieces but declined in
value.

NONFERROUS METALS.

Production and exports of copper increased slightly
in July, but the wholesale price of electrolytic copper
declined.
Zinc production also made a slight increase over
June. Receipts and shipments at St. Louis and stocks
at manufacturing plants all increased. The price of
slab zinc remained unchanged.
Imports of tin increased in July, but stocks and apparent consumption declined. The wholesale price of
tin was less than in June.
Lead production declined from June. Receipts at
St. Louis declined but shipments increased. The
price of lead declined.
FUELS.

Slight declines occurred in the production of both
bituminous and anthracite coal in July. Beehive coke
output declined, but by-product coke was produced in
greater quantity than in June.

PRODUCTION OF BITUMINOUS AND ANTHRACITE COAL.
65
50
45
40
35
30
25
to 20

° 16
O |0

1•
O

i

8

2

7
6
5
4

Z

$ z5

CO

1920

Exports of bituminous coal and coke declined, but
anthracite exports were larger than in June. Prices
of bituminous coal and coke declined, while anthracite
prices were unchanged at wholesale and advanced
slightly at retail. Stocks of bituminous coal were
estimated at 45,000,000 tons on July 1 as against
42,000,000 tons on June 1, from reports to the Bureau
of the Census and the Geological Survey.




1923

Anthracite stocks reported by 418 retail dealers increased from 19 days' supply on June 1 to 25 days'
supply on July 1.
The output of petroleum rose to 65,247,000 barrels
in July, the highest on record, and stocks made a further increase. Imports increased and consumption
surpassed previous records. Fewer oil wells were
completed than in June.

13
PRODUCTION OF BEEHIVE AND BY-PRODUCT COKE.
85

V

<o30

I

r 1

O25
CO

Q

plumbing fixtures showed a decline. The index numbers of general building costs remained unchanged.
The award of building contracts declined in July
both from June, 1923, and from July, 1922. The decline occurred in all classes of buildings from both
periods as regards floor space, except for educational
buildings, which increased over July. Fire losses in
the United States and Canada declined.

w20 \
O
u.15
O

CUMULATIVE VOLUME OF BUILDING CONSTRUCTION.

1

\

600

\

CO

Q
glO
\
Q
\
Z

/

.A

\
\

/
500

f

y

>

/

uj 4oa
III

u.
1921

!

1922

1923

/

UJ

<
a

AUTOMOBILES.

f

co 300

The output of automobiles was less in July than in
June, passenger-car output declining from 337,143 to
297,104 cars, and trucks from 40,616 to 29,998 cars.
Shipments show a similar decline.

a.
O
co

4

O
_J
-J 200

%

y

BUTTONS.

Stocks of fresh-water pearl buttons declined slightly
in July and machinery activity was less than in June,
1923, or July, 1922.

V
100

/

4

(/

BUILDING CONSTRUCTION.

The price index numbers of building materials for
both a frame and brick house increased in July, but




d

e ^

3
<

(U
co

O
O

VOLUME OF BUILDING CONTRACTS AWARDED, BY CLASSES.

1019

1920

1921

1922

1923

14
BUILDING MATERIALS.

PRODUCTION AND STOCKS OF PORTLAND CEMENT.

Lumber production declined from June, only Southern pine, North Carolina pine, and walnut showing increases. Stocks increased except for Michigan hardwoods, and shipments declined. Production and shipments were generally greater than a year ago. Exports of lumber declined from June, but were larger
than last year. Prices of both hardwoods and softwoods declined.
The Hardwood Manufacturers Institute reports the
following statistics:
HARDWOOD LUMBER.

Total

May l.

June 1.

July 1.

Total
stocks,
July 1.

..Mft b . m . .
..Mft b . m . .
..Mft b. m..

77,642
103,003
122,236

97,711
119,343
138,263

109,619
136,414
143,319

139,601
164,430
176,048

42,144
34,699
50,482

..Mft. b . m . .

292,879

345,317

389,352

479,079

127,325

152

185

195§

195§

195§

Units reporting l .
1
2

number..

2

Unfilled
orders,
July 1.

A single band mill is considered one unit of production.
Total stocks of 375,593,000 feet reported by same units reporting for June 1.

Production and shipments of flooring declined in
July, but new orders increased. Unfilled orders, however, were less than at the end of June. Stocks of
flooring increased.
Production and shipments of refractory bricks declined. Stocks of silica brick declined slightly, but
clay fire-brick stocks increased, as did orders. Production and stocks of face brick increased over June, while
shipments declined. Unfilled ordlers of face and clay
fire-brick declined. All these statistics show increases
over a year ago, except new orders for clay fire brick.
Common brick prices were irregular.
Paving brick figures reported by the National Paving Brick Manufacturers Association are as follows:
PAVING BRICK (NO. 1 QUALITY).

Companies reporting
number.
Proportion of industry
per cent.
Production
thous. of brick.
Shipments
thous. of brick.
Stocks, end of month
thous. of brick.
Orders received
thous. of brick.
Cancellations
thous, of brick.
Unfilled orders, end of month, thous. of brick.
Relative production No. 1 and No. 2 brick to
capacity
per cent..

April.

May.

29
66
33,315
23,397
80,170
24,522
1,028
91,849

24
25
67
67
34,382 31,105
26,209 27,251
77,662 80,324
34,475 36,078
2,158
574
90,644 110,120

77

71

June.

July.
25
68
30,529
27,092
78,835
23,688
5,340
100,444
83

Production and shipments of cement were larger
than in June, production exceeding July, 1922, while
shipments declined. Stocks of cement were smaller
than both June, 1923, and July, 1922, and the price of
cement was unchanged. Concrete paving contracts
declined, decreasing also from a year ago.




/
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>

3
_i

6

2 .

/

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i

UNSOLD STOCKS.

Gum
Oak
Other species

\

1

y

\
\

A\

i
1922

Shipments of sanitary enamel ware were about the
same as in June, and stocks also showed little change.
Unfilled orders increased. Shipments were larger
than a year ago, but stocks and new orders were less.
HIDES AND LEATHER.

Imports of hides and skins declined slightly from
June, while prices of hides declined.
Production of sole leather was larger than in June,
but output of harness leather and skivers declined.
Exports of both sole and upper leather decreased from
June. Price quotations on leather remained the same.
Boot and shoe production declined in July, as did
exports. No change occurred in boot and shoe prices.
The following table shows the number of leather
gloves and mittens cut in May and June, as reported to
the Bureau of the Census by 224 identical establishments representing 238 factories:
LEATHER GLOVES AND MITTENS CUT (IN DOZEN PAIRS).

and Women's
Men's and Women's
chil- Men's
and chilboys'. and
boys'.
dren's.
dren's.
Dress and street gloves, mittens, etc.:
Imported
Domestic
Work gloves, mittens, etc

33,318
25,530
331,014

11,577
4,703

37,388
21,254
329,668

11,315
3,504
315

CHEMICALS AND OILS.

Imports of potash and nitrate of soda increased in
July, arid larger exports than in June were made in
sulphuric acid, fertilizers, and dyes and dyestuffs.
Index numbers of prices of crude drugs and essential
oils increased over June, while drugs and pharmaceuticals and chemicals declined.
Increases occurred in receipts and stocks of turpentine and rosin, all but rosin stocks also exceeding the
July, 1922, figures.
Exports of vegetable oils increased in July, but imports declined. Stocks of both cottonseed and cotton-

15
seed oil were less than a year ago, but production was
greater. The price of cottonseed oil declined from
June. Receipts, shipments, and stocks of flaxseed declined from June, but compared with a year ago receipts and stocks were larger and shipments smaller.
CEREALS.

The wheat crop is still estimated as smaller than
the 1922 crop. The visible supply of wheat at the
end of July was larger than a year ago but receipts
and shipments of wheat in July were smaller than in
July, 1922. Exports of wheat and flour declined
slightly from June and were considerably smaller
than a year ago. Prices of both wheat and flour
declined in July.
Corn receipts and shipments were slightly larger
than in June, but smaller than a year ago. Exports
and visible supply of corn were much smaller than in
July, 1922. Grindings of corn for glucose and starch
manufacture increased over June and were about the
same as a year ago. Corn prices at Chicago increased
over June.
Compared with a year ago, material decreases took
place in July receipts, exports and visible supply of
oats, while the price of oats declined from June but
was higher than a year ago.
Barley exports increased over June but were less
than a year ago, and the price of barley increased.
Rye exports were less than in June and greater than
a year ago, while the Chicago price of rye declined.
Total grain exports declined slightly from June and
were about half as large as in July, 1922.
Shipments of grain and flaxseed from Argentina
were less than in June and also less than a year ago
except for corn. Visible supply was higher than a
year ago in each case.

Butter, cheese and eggs had larger holdings in coldstorage in July than in June and all but butter increased also over July, 1922. Receipts of these
products were less in June and also less, except for
cheese, than a year ago. Prices of butter and cheese
declined slightly.
WATER TRANSPORTATION.

Traffic through the Sault Ste. Marie Canal and
through the New York State canals was larger than
in June and considerably in excess of the July, 1922,
traffic. June traffic through the Panama Canal declined. Ocean traffic from United States port3 was
greater in July than in June but American vessels
showed a decline. Ocean freight rates continued to
decline in July.
PANAMA CANAL TRAFFIC.

MEATS AND DAIRY PRODUCTS.

July movement and slaughter of cattle was greater
than in June and also larger than a year ago. Coldstorage holdings declined from both the previous
month and corresponding month last year. Prices
of cattle and beef increased over June.
Hog movement and slaughter in July was less than
in June, except total shipments, and was greater than
a year ago. Cold-storage holdings of pork products
declined, but were higher than a year ago. Prices of
hogs increased.
Movement and slaughter of sheep was greater than
in June but declined from July, 1922. Cold-storage
holdings were less than in the previous month and in
the corresponding month last year. Prices of ewes
increased but lambs declined.
The catch of fish and cold-storage holdings increased
over June, 1923, and over July, 1922. Poultry receipts increased over June, but storage holdings
declined.




a a it
1920

1021

a

1922

RAILROADS.

The surplus of idle freight cars increased in July,
while the shortage of cars was less, owing to the reduction in shortage of coal cars. Car loadings for
July averaged less than in June but higher than in
July, 1922.

16
[ SHORTAGE, SURPLUS, BAD-ORDER, AND TOTAL LOADINGS OP
FREIGHT CARS.

SALES OP MAIL-ORDER HOUSES AND TEN-CENT CHAIN STORES.
50 r

PUBLIC FINANCE.

The interest-bearing debt of the Government was
further reduced during July. Receipts slightly exceeded those for July, 1922, owing to larger customs
receipts, while expenditures were slighlty less than
a year ago. A decline took place in the amount of
money in circulation, outside of that held in the
Treasury and the Federal reserve system.
BANKING AND FINANCE.

1823

In spite of an increase in passenger revenues, total
railroad operating revenues declined in June, but were
considerably larger than a year ago. Operating expenses were slightly less than in June, and net operating income declined slightly, being calculated at 5.47
per cent on the tentative valuation.
LABOR.

Factory employment throughout the United States
showed practically no change in July. Greater employment was reported in Wisconsin, but in New York
State and Detroit employment decreased. Total
pay roll and average weekly earnings declined in both
New York and Wisconsin. (See diagrams on opposite
page.)

Seasonal declines took place in debits and bank
clearings. Both these items declined from July, 1922,
in New York City, but the total of outside cities
showed an increase. Discounts, investments, note
circulation, reserves, and deposits of the Federal reserve
banks declined, and declines were also registered in
the loans and discounts, investments and deposits
of the member banks. The Federal reserve ratio
rose from 76.9 to 78.2. Interest rates on both call
money and commercial paper declined slightly.
LOANS, DISCOUNTS, AND TOTAL INVESTMENTS OF FEDERAL
LIABILITIES.
3

;—~-

-

^

DISCO

1

—

DISTRIBUTION.

Sales of mail-order houses and chain stores underwent the usual seasonal decline in July, but were
considerably larger than a year ago. Magazine and
newspaper advertising and postal receipts also declined in a seasonal movement and exceeded the corresponding figures for a year ago.




^NTS

—

Q

»
NTS

—

^

SfSSJSS

!

17

EMPLOYMENT IN VARIOUS INDUSTRIES.1
(Relative employment 1921=100.)
FOOD AND KINDRED PRODUCTS.

TEXTILES AND THEIR PRODUCTS.

S 176

£176

1,50

Z 160

IRON AND STEEL AND THEIR
PRODUCTS.

i
z \so

X

/

8
Z 126
/ •

—>

f

'

y

\

***
AVI RAC E^V

19 1 AVERA 5E

/
921

vet AGE

i
i i i
I

1921

(

1MB

| 1023

1

1921

>

I

1922

I 191

1921

I

1922

I 192S

METALS AND METAL PRODUCTS
(other than iron and steel).

CHEMICALS.

LEATHER AND FINISHED GOODS.

I

2
§ 160
/ ^

^

/'

/

Yl\ AVER

n\ A VER

L /
V

192 1

AV ERA QE

ft

I

1921

I

1922

I

I 191

1921

I

1922

I

^ 1923

I 1923

TOTAL, ALL INDUSTRIES
(1,428 factories).

VEHICLES AND LAND TRANSPORTATION.

TOBACCO MANUFACTURES.

1922

1921

/ \

200

175
\

J
liao
x

(

160

f

125

2 125

• \
» l A VER

100

n

j

1

1 1 193 AV :RAC E

iQE

/

75

4

«
1921

' M

S

S
19

1922

8

2
;

JULY

/

\ t i aI t i i i i
I

1921

I

1922

1

1921

!

1922

i I99t

I 1923

i Detailed data, on which these charts are based covering the 14 major industries as grouped according to classification in the census of manufactuies will be found
i pages 52 and 53.

61676—23




3

18
BILLS DISCOUNTED AND TOTAL INVESTMENTS OF FEDERAL
RESERVE BANKS.

K

16.

-»

o

1922

\

70

12

1
Sd .--.,

O

>ft*

I

1920

ii

M

/—>

I I i

£ i
1921

V

1922

12

60

10

40

8

30

6

20

4

10

2

p

0

««C6

SC

—

cov

: i s •
—
""V.

V

ic

h

*****

I 1923

Savings deposits declined in July in a seasonal
movement. Only the Boston and Philadelphia districts showed increases over June. A seasonal decline
was also witnessed in sales and premium collections
of life insurance companies, but compared with July,
1922, the totals were larger.
The number of business failures declined in July,
but the amount of liabilities increased. Dividend
and interest payments were larger than a year ago, all
classes of corporations—industrial, steam railroads,
and street railways—showing increased dividends.
New capital issues declined seasonally, but were larger
than in July, 1922. Municipal bond issues declined
from both June, 1923, and July, 1922.
NUMBER OP BUSINESS FAILURES AND AMOUNT OF DEFAULTED
LIABILITIES.




60

g

80

1920

1 !t

JULY

•

APR.

& ,

JAN.-

16

JULY

\

g

INTEREST RATES ANE > BOND PRICES.

APR.

20

X

/

1

BONO INDEX
NUMBER

24

1

INTEREST RAT
PER CENT

28

Prices of stocks declined in July, while bond prices
remained fairly steady, high grade railroad and Liberty
bonds advancing slightly while others declined. The
yield on municipal bonds was slightly higher. Sales
of stocks and bonds were less than in June, 1923, and
in July, 1922.

Domestic gold receipts increased and were slightly
higher than a year ago. Rand output declined
slightly. Imports of gold increased and exports declined.
Silver production increased in July and both imports and exports were larger than in June. The
price of silver declined.
FOREIGN EXCHANGE AND TRADE.

Foreign currencies generally declined in July, with
Brazil alone among the more important countries
maintaining a stationary position. The general index
declined from 65 to 63.
Total imports into the United States declined in
July to $287,335,000, while exports declined to
$303,030,000.
EXPORTS FROM THE UNITED STATES AND THE UNITED KINGDOM.
400

V

i fiH i
1920

1921

1922.

1923

19

AUGUST DATA.
The following table gives such August data as have been received to and including September 12,1923.
1923

1923

1922
August.

ITEMS.

Wool receipts at Boston:
Total
Domestic
Foreign
Cotton:
Stocks (world
visible)
Ginningsl

thous. of lbs..
thous. of lbs..
thous. of lbs..
bales..
bales..

Silk:
Consumption
bales..
Stocks
bales..
Pig iron, production
thous. of long t o n s . .
Steel ingots, production
thous. of long t o n s . .
Unfilled orders, U. S. Steel Corp., end
of month
thous. of long t o n s .
Wholesale price, composite finished
steel
dolls, per 100 l b s . .
Locomotives:
Shipments—
Total
number.
Domestic
number.
Foreign
number.
Unfilled o r d e r s Total
number.
Domestic
number.
Foreign
number.
Freight cars, orders, domestic
number.
Zinc?
Production
thous. of l b s .
Stocks
thous. of l b s .
Receipts at St. Louis
thous. of lbs..
Shipments from St. Louis
thous. of l b s . .
Tin:
Consumption
long tons.
StocksWorld visible
long tons.
United States
long t o n s .
Lead:
Receipts at St. Louis
t h o u s . of l b s .
Shipments from St. Louis
thous. of l b s . ,
Automobiles (shipments):
B y railroad
carload.
Driveaways
number of machines.,
B y boat
number of machines..
Illuminating glassware:
Net orders
per ct. of capacity.
Actual production
per ct. of capacity.
Shipments billed
per ct. of capacity.
Construction:
Volume
index n u m b e r .
Costs
index n u m b e r .
Northern pine:
LumberProduction
M ft. b . m .
Shipments
M ft. b . m .
LathProduction
M ft. b . m .
Shipments
M ft. b . m .
Composite lumber p r i c e s Hardwoods
dolls, per Mft. b . m .
Softwoods
dolls, per M f t . b . m .
TurpentineNet receipts
barrels.
Stocks
barrels.
Rosin—
Net receipts
barrels.
Stocks
barrels..
Corn grindings
thous. of b u s h . .
Grain movement:
Receipts—
Wheat
tbous. of b u s h . .
Corn
thous. of b u s h . .
Oats
thous. of b u s h . .
Shipments—
Wheat
thous. of b u s h . .
Corn
thous. of b u s h . .
Visible supply—
Wheat
thous. of b u s h . .
Corn
thous. of b u s h . .
Oats
thous. of b u s h . .




ITEMS.
July.

August.

Argentine grain:
21,125
Shipments17,680
Wheat
thous. of bush..
3,445 |
Corn
thous. of bush..
j
Oats
thous. of bush..
865,392 913,949 I Visible supply—
1,597,056
Wheat
thous. of bush..
.11,141,337 i
806,189
I
Corn
thous. of bush..
I
Supar,
raw:
28,573 , 33,547 i Meltings
34,772
longtons..
22,914
25,459
32,515
Stocks at refineries
longtons..
3,680 !! 3,435 ii Sugar,
1,816
Cuban
movement:
3,516
3,679 i Receipts, Cuban ports
longtons..
2,629
Exports
longtons..
5,911
5,415 ;ii Stocks,
end of month
long tons..
5,950
u
Factory
employment,
U.S.
(1,428
firms).thousands..
2.78
2.78 i
"i Dun's (1st of following mo.)
index number..
2.29
;i Bradstreet's (1st of following mo.). .index number..
!
Mail-order
houses,
total
sales
thous. of dolls..
272 ' Sears, Roebuck & Co
239
151
thous. of dolls..
211 i
259 ! Montgomery, Ward & Co
130
thous. of dolls..
28 !
13 '; Ten-cent stores:
21
i F. W. Woolworth Co
thous. of dolls..
1,035
1,738 , 1,497
S. S. Kresge Co
thous. of dolls..
926
1,652
1,406
S.
H.
KressCo
thous. of dolls.. |
109
86 j
91
American Whol. Corp., total sales.thous. of dolls.. j
1,610
1,450 | 2,780 ; Public
finance:
j
U. S. interest-bearing debt
mills, of dolls.. i
86,130
83,250
62,846
Liberty and Victory Loans and War Savings
j
42,480 : 52,942
43,258
securities
mills, of dolls..
27,628 : 21,183
13,355
Customs receipts
thous. of dolls..
25,838 ; 21,550
22,364
Ordinary receipts
thous. of dolls..
Ordinary expenditures
thous. of dolls.. j
5,510 Bank clearings:
4,150 ; 5,305
i
New York City
mills, of dolls..!
24,176 ! 20,019
18,757
Outside New York City
mills, of dolls..!
2,806 : 2,037 i 2,884 War 1 inance Corporation:
j
To banks and live stock associations—
!
Advancements
thous.
of
dolls.
J
10,792
16,112 ! 7,083
Repayments
thous. of dolls., j
12,284 | 5,630 j 7,S58 ij
Balance
thous. of dolls.. [
To cooperative marketing associations—
j
32,814 ! 32,426
37,770
Advancements
thous. of dolls.. I
36,754
46,511 j 50,460
Repayments
thous. of dolls..
10,096 ; 10,049 ! 8,800
Balance
thous. of dolls..
failures:
34.8 i
37.0 i: Business
41.1
lirms
number..
30.2
36.4
28.7 i
Liabilities
thous. of dolls..
33.1
40.8 :
36.5 :; Bond
sales:
thous. of dolls..
111 i Miscellaneous
154
128 ]
Liberty Victory
thous. of dolls..
222
222 !
185
Total
thous. of dolls..
Silver:
;
Price
at
New
York
dolls,
per fine oz..
65,741 [ 69,978 1 83,862
Price at London
pence per standard oz.. |
64,980 ; 40,658 | 49,041
j! Foreign exchange:
18,877 1 19,229 | 20,076 i Europe—
England
dolls, per £ sterling..
21,936 i 14,105
15,091 ;
France
dolls, per franc..
Italy
dolls, per lira..
45.02 I!
45.75
40.75 i
Belgium
dolls, per franc.
32.25 ! 31.39 !j
33.56 !
Netherlands
dolls, per guilder..
Sweden
dolls, per krona. 1J
43,678 j
40,580
34,346 I
Switzerland
dolls, per franc..
29,672
21,285
25,849 I
Asia—
Japan
dolls, per yen..
138,320 I
106,008 i 127,098
India
dolls, per rupee..
263,457
329,268 ' 219,135
Americas—
i
5,390
4,080
5,650
Canada
dolls, per Can.doll.. 1
Argentina
dolls, per gold peso..
Brazil
dolls, per milreis..;
33,804 i 65,315
60,644
Chile
dolls, per paper peso..
18,184
24,380
21,822
General index of foreign exchange, index number..;
25,371 |
16,130 j 28,179
Canada—
!
17,586 ! 26,387
Bank clearings
mills, of dolls..!
48,846 !
13,069
11,661
21,728 |
Business failures—
|
Firms
number..'
67,020
44,097 i 45,084
Liabilities
thous. of dolls..!
1,966 Building construction, contracts
10,007 I 2,346
j
10,111
awarded
thous. of dolls..
38,355 I 5,710
33,843
26,081
7,762

42,635
21,809
20,825

1

Total ginnings prior to September 1.

1922
August.

July.

August.

8,482
7,168
1,258

8,936
15,609
1,272

10,694
14,485
1,680

1,850
1,200

4,810
8,000

3,700
4,800

540,024
262,959

259,654
228,840

316,729
209,798

183,441
349,979
460,987
1,728
142
131
17,709
12,156
5,553

90,088
154,726
523,687
2,041
154
139
22,453
14,961
7,492

64,878
148,237
429,588
2,032
155
140
22,334
13,909
8,425

12,960
5,122
2,225

14,002
5,745 I
2,553 !

22,795

21,959 I 21,902

14,964
6,338
2,527

15,218
43,225
205,742
214,490

15,205
42,500
235,505
195,561

16,645
14,690

14,778
13,895

362
3,478
93,963

316
4,168
90,112

None.
1,409
7,347

None.
2,744
4,603
1,319
34,335

4.46
.080 S
.045 |
.075 1
.388 j
.263
.190

1,231 j
35,7211
j
123,068 !
61,747'
184,815 I
!
.630
30.923 ;
j
|
4.58 ,
. 059 i
.013
,049
.392
.265
.176

.477
.290

.488
.308

.489
.305

.997
.821
.134
.137
69

.974
.777
.104
.126
63

.977
.745
.098
.122
62

1,127

1,281

1,258

250
3,873

184
5,944

209
3,250

25,188

30,843

27,849

17,534!
39,012!
216,778 j
218,026 !
I
16,938 |
12,907:
j
|
3,166 '
11,926 j
180,053;
!
700 1
630 i
4,942 |
j
1,714
40,280
J
222,863 i
89,855!
312,718 1
I
.694
34.957

116,604
41,776
156,380
.628
30.952
4.56
.057
.043
.046
.393
.266
.181

20

SUMMARY OF BUSINESS.
(Shown by index numbers.)

The index numbers presented in this table are designed to show the trend in production, prices, trade,
etc., in various groups of industry and commerce. They consist in general in weighted combinations of series
of individual index numbers, and often the individual index numbers making up the series are also given. The
base year of all the index numbers is 1919, except prices, which are on a 1913 base, and unfilled orders, which
are on a 1920 base. The function of index numbers is explained on the inside front cover. A condensed form
of this table is given on page 7.
EXPLANATION.

Maximum
All index numbers are relative to 1919 as 100, except since Jan.
prices, which are relative to 1913, and unfilled
1,1920.
orders, which are relative to 1920.

Minimum I
since Jan. i
1,1920.

1923
June.

1923
July.

April.

May.

June.

July.

Per cent increase (+) or
decrease (—),
July from
June.

PRODUCTION.
RAW MATERIALS, total.
MINERALS:

Petroleum
Bituminous coal...
Anthracite coal
Iron ore*
Lead
Zinc
Gold
Silver
Total

72.9

91.3

90.2

90.5

96.9

94.9

93.3

206.
136.
121.
231.
117.
1
156.
129.
1
130.
*144.
148.

105.3
41.3
0.4
0.3
16.6
1
78.7
38.1

147.8
44.5
1.6
205.3
87.2
107.4
84.2
93.8
91.9
83.4

184.4
111.5
109.8

83.4

144.5
58.4
1.1
160.0
88.8
108.2
75. 6
78.0
100.8
84.5

110.2
142.7
124.0
66.0
140.1
121.1

196.5
120.7
116.8
139.6
117.0
150.5
124.1
81.1
144.7
140.8

195.0
119.6
118.0
211.8
117.0
156.1
113.7
70.5
108.0
145.1

206.9
118.2
113.3
231.8
116.8
147.1
114.2
93.9
114.5
150.5

227.
143.
142.
146.
245.
370.
134.
146.
127.

19.4
58.0
64.0
54.2
30.3
21.0
45.4
94.0
79.7

164.3
85.7
101.0
75.1
162.4
81.8
90.8
132.1
113.6

227. 3 !|
83. 3 jl!
79.7
74.0 !
131.4 I
84.4 I
107. 9 !
128. 8 ;
105.7 |

45.5
81.4
115.5
63.9
188.3
62.8
87.1
122.6
111.4

59.4
92.6
121.1
79.2
242.8
67.6
88.7
136.1
127.3

124.2
79.7
112.6
64.1
174.4
83.6
97.5
146.7
119.3

146.3
92.6
111.8
73.3
112.6
84.3
120.9
138.2
112.8

+ 17.8
+ 16.2
- 0.7

389.
218.
211.
85.
353.
366.
205.

61.2
43.1
48.6
22.0
31.8
3.5
53.5

207.8
66.7
91.1
42.2
45.7
7.3
99.5

173.2
125.5
87.3
29.5
35.9
3.5
125.9

113.2
69.5
87.6
32.3
100.9
86.8
81.9

71.1
53.2
69.8
23.3
59.9
22.5
57.2

94.8
57.9
73.4
27.9
63.7
30.3
66.5

121.3
107.3
83.7
26.1
36.6
17.1
68.0

+ 28.0
+ 85.3
+ 14.0

- 3.6
- 42.5
- 43.6
+ 2.3

276.
313.
496.
282.
315.
466.
254.

45.3
3.8
1.8
34.9
22.0
3.9
57.7

146.1
25.4
496.9
53.7
109.6
17.5
159.2

125.3
38.6
160.3
90.1
31.7
37.4
116.0

144.8
97.4
192.4
76.7
171.5
310.6

100.8
39.8
296.5
144.5
195.6
60.0
117.5

132.3
6.7
339.0
39.3
108.4
16.2
134.3

105.7
15.0
121.8
80.2
34.2
37.4
96.3

- 20.1
+124. 0
- 64.1
+104.1
- 68.5
+130. 9
- 28.3

548.
531.
207.
976.
799.
785.
565.
, 925.
331.

3.9

6.9
87.3
129.3
1.8

+572. 6
+366. 8
- 30.0

48.1

595.1
565.7
428.9
90.5

37.4
296.2
45.4
12.8
182.5
685.7
559.9
5.9
98.8

22.5

33.5

16.3
121.2
71.4

+171. 5
- 40.9
- 99.3
+ 30.7

221.
276.
229.

25.3
2.1
22.6

48.2
5.1
41.8

147.
258.
326.
562.
169.
194.

46.4
1.1
27.5
0.1
22.3
49.1

69.2
1.5
48.5
25.3
28.9
75.6

152.9

ANIMAL PRODUCTS (marketings):

Wool
Cattle and calves
Hogs
Sheep
Poultry*
Fish
Milk (New York)
Total

I

-

+

+

1.7

6.1
1.2
4.0
94
0^2
5.8
0.4
33.2
6.0
2.6

35.4

+ 0.8
+
+ 24.0
- 5.8
- 5.4

CROPS (marketings):

Grains—
Corn*
Wheat*
Oats*
Barley*
Rye*
Rice*
Total*
Vegetables—

Potatoes (white)*
Sweet potatoes*
Tomatoes*
Onions*
Cabbage*
Celery*
Total*
Fruits—
Apples*
Peaches*
Citrus fruit*
Grapes*
Pears*
Watermelons*
Cantaloupes*
Strawberries*
Total*
Cotton products—

Cotton*
Cottonseed*
Total*
Miscellaneous crops—
Hay*
Tobacco*
Flaxseed*
Cane sugar*
Total*
Grand total, crops.
i Since Jan. 1,1921.




147.4

220.3
72.2

26.6
48.3
1, 533. 5
150.3

211.9
518.9
641.6
100.7

46.4
407.5
90.5
20.1
396.1
575.2
306.8
44.3
131.6

37.4
4.3
32.5

29.0
6.0
25.6

35.7
5.5
31.2

26.2
6.7
23.3

27.8
3.8
24.2

+ 6.1
- 43.2
+ 3.9

49.8
2.4
27.5
32.0
22.3
80.1

67.1
5.2
71.5
11.0
30.0
61.0

51.1
1.1
84.0
8.1
22.3
54.9

49.9
0.4
134.2
7.2
23.3
54.1

55.6
0.3
61.8
13.2
23.0
54.4

+
+
+

39.7
*i83.*2*

180.3

• Fluctuations between maximum and minimum due largely to seasonal variation.

11.4
25.0
54.0
83.5
0.9
0.6

21
SUMMARY OF BUSINESS—Continued.
1922

EXPLANATION.
Minimum
since Jan.
1, 1920.

Maximum
All index numbers are relative to 1919 as 100, except since Jan.
prices, which are relative to 1918, and unfilled
1, 1920.
I
orders, which are relative to 1920.

1923

June.

July.

April.

June.

May.

i

PRODUCTION—Con.
FOREST PRODUCTS:

Lumber

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

July.

121.8
92.1
247.0
111.1
123.7

132.0
107. 1
232.3
122.1
133.4

59 0
51 3
20.1
24 3
60.6

127. 7
109. 2
193.1
72.6
127. 9

116.3
87.9
193.9
81.8
116.2

121.7
111.8
113.0
119.9
120.4

132.5
128.5
206.5
128.9
135.0

130.9
125 5
177.5
243.9
201.5
168 5
121.3
134.6
122.3
233.0
112 8

110.3
75.2
73.4
63 7 1
163.6
40 2
206.5
40.7
201.5
64.1
126.7
41 3
94.8
20 2 !
98.4
38 2
40.8
29.0
46.3
34.9
112.8
77 3

93.7
93.1
163.1
221.7
178.8
119.2
74.9
97.8
40.0
43.7
109.1

110.0
80.9
149.6
2
95. 0
2
120.
0
2
88. 2
2
85.0
97.4
60.5
115.7
2
104. 0

113.3
81.2
145.8
2
155. 0
2
175. 0
2
130. 0
2
110. 0
112.4
53.2
91.6
3
112. 5

111.8
75.1
121.8
2
205.
0
2
200.
0
2
140. 0
2
110. 0
97.6
46.3
57.0
2
112. 7

112. 0
95.0
79.8
2
225.
0
2
180.
0
2
140. 0
2
90.0
75.4
2
45.0
56.5
2
113. 2

126.3
137.6
129 5

59 9
42 3
53 7

103.2
114.3
107.1

92.9
101.9
96.1

117.0
122.6
119.0

125. 9
129.7
127.3

109.9
114.4
111.5

93.6
100.7
96.1

- 14.8
- 12.0
- 13.8

151.8
149.4
134 5
147.3

33 9
32.7 i
94
32 4

92.6
107.3
51.1
102.2

94.4
101.3
57.4
97.9 i

139.2
140.6
97.3
137.9

151.8
149.4
106.7
147.3

143.9
133.5
104.0
133.2

144.4
125.2
107.2
126.7

+ 0.4

132 5
231.9
150.3

59 0
51.0 !
56 9

127 7
175. 6
136. 2

116.3 i
171.4 !
126.1

121.7
209.1
137.3

132.5
231.9
150.3

132.0
222.7
148.2

121.8
202.9
136.3

98.6
130.1

62.8
83 7

72.4
92.8
84.9

74.5
83.7
80. 1

89.6
115.7
105.5

89.2
112.3
103.3

87.1
102.0
96.2

129 0
128 9
148.5

54 9
71 8
70.4

111.1
115 0
115. 5

100.1
107 2
122.6

54.9
117 4
81.1

131.7
127 8
92.0

137.6
146. 0

93.5
85 9

118.4
116.5

112.2
113. 5

137.6
111.7

134.1
120.8

140.1
160. 2
188.3
268.8
149.5

40.1
95.9
3.7
21.0
92.4 i

82.5
136.7
6.1
192. 0.
113.9

79.7
147.3
6.1
192.2
120.2

135.3
151.8
33.9
113.8
130.8

140.1
153.7
16.9
204.8
136.6

124.2
124 0
192.9
118.9

53.2
48 0
61.2
68.9

108.8
84.0
168.1
113.8

100.9
73. 0
172.7
107.7

92.9
90.0
169.8
111.0

126.0
127.4
225.5
156.1
167.5

27.1
37.6
85.5
78.7
71.2

102.3
74.6
208.7
108.2
139.9

94.3
83.4
172.9
107.4
124.9

119.2
127.8
144.0
124.0

50.0
75.2
63.6
70.4

108.2
104.4
119.8
111.0

79.2
239.0
221.3
145.5
131.8
117.2
146.6
138.4

1.8 !
48.0
19.8
43.7
81.2
74.0
97.6
29.7

4.8
175.7
184.1
112.9
112.3
102.7
118.3
129.0

2

Iron and steel—

Pig iron
Steel ingots
Locomotives
Total
Lumber—

Lumber . .
Flooring
Total
Leather—

!
;

i
i

Sole leather
Boots and shoes3
Total
Paper and printing—
Wood pulp
Paper .
Printing (paper purchases)
Newspaper printing (consumption).. .
Total
. .
Chemicals, etc.—

Coke
Petroleum products
Cottonseed oil
Turpentine and rosin
Total

2

2

115. 0

2

2

98.6
91.2
94.1 |

2

+ 6.3
- 8.0
+ 0.2
+
+
+

0.2
26.5
34.5
9.8

- 10.0
0.0

- 18.2
- 22.7
- 2.8
- 0.9

+ 0.4

-

6.2

+ 3.1
-

4.9

-7.5
- 8.9
- 9.0

+ 13.2
- 10.6
-

2.2

105. 0

- 8 . 7

133.7
152.9
9.2
230.0
135.7

131.4
160.2
7.8
245.4
148.0

+ 4.8
- 15.2
+ 6.7
+ 9.1

100.0
89.0
192.9
118.9

94.4
86.0
185.1
113.8

111.6
122.5
198.6
142.7
151.3

96.8
123.8
215.2
150.5
155.0

100.3
99.4
118.5
106.9

96.3
90.4
106.4
97.7

5.5
149.9
130.8
90.3
103.4
97.8
119.4
110.2

11.1
232.2
178.0
134.7
123.1
109.9
137.9
138.2

-

1.7

96.5
79. 0
188. 6
112.6

+

2.2

+

1.9

92.4
112.0
200.2
156.1
145.8

119.1
112.6
196.5
147.9
151.6

+ 28.9
+ 0.5
- 1.8
- 5.2
+ 4.0

102.8
98.3
125.5
109.6

101.4
100.4
131.8
112.7

95.2
100.0
131.9
111.3

+
-

4.4
239.0
221.3
145.5
131.8
117.2
143.5
129.4

13.0
229.1
148.6
126.9
122.8
112.1
139.4
99.3

1.9
198.9
99.2
99.2
112.3
105. 4
139.9
90.0

- 84.8
- 13.2
- 33.2
- 21.8
-8.6
- 6.0
+ 0.4
-9.4

Stone, clay, and glass—

Brick
Glass bottles
Cement x 1
Total

- 7.7
- 14.0

132 5
134 9
247.0
150. 7
135.0

MANUFACTURING:

Foodstuffs—
Meats
Wheat flour...
Sugar
Ice cream
Butter
Cheese
Condensed milk..
Glucose and starch
Oleomargarine
Rice
Total
TextilesCotton (consumption)
Wool (consumption)
Total

Per cent in! crease ( + ) or
decrease (—),
July from
June.

-

1.1

Metals, except iron and steel—

Copper smelting and refining..
Zinc smelting and refining....
Enamelware
Lead 1
Total 1
Tobacco—
Manufactured tobacco and snuff
Cigars
Cigarettes
Total
Miscellaneous—
Shipbuilding
Automobiles54
Rubber tires
Total 4
Grand total, all commodities
Grand total, 62 commodities
ELECTRICAL POWER .

BUILDING CONSTRUCTION (total)*




1
Since January, 1921.
* Partly estimated.

3
Since November, 1921.
« Since July, 1921.

* Since November, 1920.

6.1
0.4
0.1
1.2

22
SUMMARY OF BUSINESS—Continued.
1922

EXPLANATION.

All index numbers are relative to 1919 as 100, except Maximum
Jan.
prices, which are relative to 1913, and unfilled since
1,1920.
orders, which are relative to 1920.

Minimum j
since Jan. '
1, 1920.

June.

Per cent increase ( + ) or
decrease (—),
July from
June.

1923
July.

April.

May.

June.

July.

STOCKS.
Cotton (mills and warehouses)
Pig iron
Lumber
Paper and pulp
Oils and naval stores
Brick and enamel ware
Nonferrous metals
Total

143.2
146.4
150.3
125.6
189.5
117.8
378.0
152.2

41.8
31.3
83.8
74.6
84.7
70.5
97.8
93.3

67.7
64.3
120.2
113.8
122.3
98.8
182.0
104.0

55.8
50.9
121.7
112.1
121.8
94.1
263.0
103.0

115.5

40.3

65.6

65.8

94.6

87.4

57. 7
39.0
64.1
62. 2
88.0
43. 1
62.1

91.7
58.8
78.9
82.2
99.6
62.6
76.9

81.3
45.2
80.2
74.5
93.6
59.2
72.1

111.3
62.3
87.6
80.2
106.0
60.3
79.0

117.2
67.8
83.6
81.3
107.1
64.1
80.2

79.4
55.0
112.3
92.0
115.9
134.4
243. 0 I
102. 9 !

66.0
70.8
116.0
104.3
113.4
124.4
217.2
101.1

53.1
96.3
125.0
106.1
123.0
118.7
155.7
101.5

- 21.3

41. 8
130. 2
3
132. 9
2
106. 1
122. 4
114. 6
152. 7
3
103. 1

+ 35.2
+ 6.3

76.5

67.6

- 11.6

113.1
63.1
88.7
87.6
106.3
67.4

51.9
95.2
81.0
106.1
70.5

12.6
17.7
7.3
7.5
0.2
4.6
3.1

0.0
- 0 . 5
- 3 . 5
1.9

+ 1.6

UNFILLED ORDERS.
Total (based on 1920=100)
WHOLESALE TRADE
(value).

4
117. 2
4
77.6
4
116.
1
4
98. 7
4
120. 6
4
67. 8
4

Hardware
Shoes
Dry goods
Groceries
Drugs
Meat packing
Total

92. 4

4
4
4
4
4
4
4

84.2

81. 6 |;
j

RETAIL TRADE
(value).
MAIL-ORDER HOUSES (4 houses).
CHAIN STORES:

Ten-cent (4 chains)
Music (4 chains)
Grocery (21 chains)
Drug (8 chains)
Cigar (3 chains)
Shoe (5 chains)

101.9

97.0

86.6

74.1

14.4

126.3
83.0
135.1
126.8
127.3
101.2

143.0
98.8
164.1
135.0
124.8
121.6

154.6
100.1
177.2
142.0
136.5
140.0

155.1
97.3
164.3
149.2
136.3
139.3

143. 9
87.7 1
161.5
140.6
127.7
101.2

7.2
9.9
1.7
5.8
6.3
27.3

123.2
118.1

90.4
115.6

26.6
2.1

68.8

58.4

127.0
81.3
136.7
124.2
123.4
121.7

DEPARTMENT STORES:

Sales (306 stores)
Stocks (265 stores)

185.9
153.8

80.1
101.1

108.2
108.3

80.1
105.6

118.2
128.9

127.8
125.9

309
181

97
91

119
119

118
119

139
107

140
105

139
100

136
102

243
248
346
281
203
300
213
275
208
247

114
131
171
181
109
155
121
173
114
138

131
140
179
225
120
167
122
176
114
150

135
142
180
254
121
170
121
173
114
155

141
144
205
200
154
204
136
187
126
159

139
144
201
190
152
202
134
187
125
156

138
142
198
186
148
194
131
187
123
153

135
141
191
183
145
190
128
187
121
151

2.2
0.7
3.5
1.6
2.0
2.1
2.3
0.0
1.6
1.3

249
311
218
375
272
244
249
247

135
122
103
152
168
118
146
138

159
146
123
186
211
127
151
150

171
147
130
188
241
129
154
155

166
172
123
232
198
150
157
159

161
167
122
226
189
148
156
156

158
165
119
215
184
144
155
153

153
154
120
209
180
141
156
151

3.2
6.7
0.8
2.8
2.2
2.1
0.6
1.3

246
272
267
218
227

102
125
142
134
115

124
163
161
144
131

129
165
165
143
131

156
186
169
159
148

155
179
166
158
145

148
182
164
156
142

141
170
159
154
139

4.7
6.6
3.0
1.3
2.1

PRICE INDEX NUMBERS.
(AU price index numbers relative to 1913.)
FARM PRICES:

Crops (15th of month)
Live stock (15th of month)
WHOLESALE PRICES:

Department of Labor—
Farm products
Food, etc
Cloths and clothing
Fuel and lighting
Metals and metal products.
Building material
Chemicals and drugs
House-furnishing goods
Miscellaneous
All commodities
Federal Reserve Board (Department
of Labor prices)—
Total raw products
Agricultural products
Animal products
Forest products
Mineral products
Producers' goods
Consumers' goods
All commodities
Federal Reserve Board

Index—

Goods imported
Goods exported
All commodities
Dun's (1st of following mo.)
BradstreeVs (1st of following mo.)...




«Estimated.

• Partly estimated.

« Since Jan. 1,1921.

+

2.1
2.0

23
SUMMARY OF BUSINESS—Continued.
EXPLANATION.

1923

1932

AII index numbers are relative to 1919 as 100, except Maximum
prices, which are relative to 1913, and unfilled since Jan.
1,1920.
orders, which are relative to 1920.

Minimum
since Jan.
1,1920.

June.

July.

April.

May.

June.

July.

Per cent increase ( + ) or
decrease (—),
July from
June.

PRICE INDEX NUMBERS—
Continued.
(All price index numbers relative to 1913.)
2.1

219

139

141

142

143

143

144

147

219
175
288
200
192
205

139
143
153
149
171
155

141
165
153
174
174
155

142
165
154
174
172
156

143
170
167
180
173
159

143
172
174
178
173
160

144
172
169
178
173
160

147
175
170
176
173
162

310
340

154
155
163

160
163
169

160
163
171

161
165
177

159
164
175

159
160
174

157
155
170

1.3
3.1
2.3

588
537
670
366
6
326

306
283
504
154
160

325
303
537
164
160

325
306
558
165
161

415
364
588
159
187

407
363
580
158
181

409
372
568
160
180

407
370

0.5
0.5

157
175

263
279
236
218

162
144
146
170

165
153
156
183

166
154
157
181

168
156
166
178

169
155
170
177

167
153
178
175

166
153
180
170

- 1.8
-2.7
-0.5
0.0

321
202

183
172

197
187

201
195

196
185

199
187

198
187

192
182

RETAIL PRICES, FOOD

COST OP LIVING, National Industrial
Conference Board:

Food
Shelter
Clothing
Fuel and light
Sundries
All items weighted

-f
-f

2.1
1.7
0.6
1.1
0.0
1.3

FOREIGN WHOLESALE PRICES:

United Kingdom—
British Board Trade
London Economist
TL S. Fed. Res. Bd
France—
Gen. Stat. Bureau
U. S. Fed. Res. Bd
Italy (Bachi)
Sweden
Switzerland
Canada—
Canadian Dept. Labor
U. S. Fed. Res. Bd
Australia
India (Calcutta)
Japan—
Bank of Japan
TL S. Fed. Res. Bd




6

s January, 1920; no other figures for 1920 available.

• Since 1920.

+ LI
- 2 . 7
3.0
- 2 . 7

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. The numerical data for the latest months are given and in addition index numbers for the last four months and for two
corresponding months of a year ago. In many lines the figures do not lend themselves readily to statistical uniformity, due to lateness
of their publication or publication at other than monthly intervals; therefore the following explanations of the various headings are offered
to make clear such distinctions and in general to facilitate the use of the table:
June, 1923,—This column gives the June figures corresponding to those for July shown in the next column—in other words, cover
the previous month, and in some cases, where indicated by a footnote, refer to the previous quarter; that is, ending March
31, 1923.
July, 1923.—In this column are given the figures covering the month of July, or, as in the case of stocks, etc., the situation on July
31 or August 1. In a few cases (usually where returns are reported quarterly only), the figures are for the quarter ending June
30 or the condition on that date. Where this column is left blank, no figures for July were available at the time of going to
press (September 7).
Corresponding month, June, 1922, or July, 1922.—The figures in this column present the situation exactly a year previous to those
in the " July, 1923," column (that is, generally July, 1922), but where no figures are available for July, 1923, the June, 1922,
figures have been inserted in this column for comparison with the June, 1923, figures. In the case of quarterly figures, this column
shows the corresponding quarter of 1922.
Cumulative total through latest month.—These columns set forth, for those items that properly can be cumulated, the cumulative total
for the first seven months of the calendar years 1922 and 1923, respectively, except where the July, 1923, figures are lacking, in
which case the cumulative total for six months in each year is given.
Percentage increase (+) or decrease ( —) cumulative 1923 from 1922.—This column shows the per cent by which the cumulated total
for the seven months ending July, 1923, is greater (+) or less ( —) than the total for the corresponding period ending July, 1922.
Base year or period.—For purposes of comparison with a previous more or less normal period, all items, so far as possible, are related
to such a period by index numbers. The period taken for each item, called the base, is the monthly average of the year or period
stated in this column. Wherever possible, the year 1913 is taken as a base, and if no pre-war figures are available, 1919 is usually
taken to avoid using a war year as a basis. In some cases it will be noted that figures were not available prior to 1920 or even
1921, and that sometimes a month, or an average of a few months, has to be used rather than a year's average. Also, for some
industries, 1919 would not be a proper base on account of extraordinary conditions in the industry and therefore some more
representative year has been chosen.
Index numbers.—In* order to visualize the trend of each movement, index or relative numbers are given for the last four months and
for two corresponding months of a year ago. These index numbers are computed by allowing the monthly average for the base
period, usually 1913 or 1919, to equal 100. If the movement for a current month is greater than the base the index number will
be greater than 100. If the converse is true the index number will be less than 100. The difference between 100 and any index
number gives at once the per cent increase or decrease compared with the base period. Index numbers may also be used to
compute the approximate per cent increase or decrease from one month to the next.
Percentage increase (+) or decrease ( —) July from June.—The last column shows the per cent increase or decrease of the figure for the
last month compared with the preceding month.
NUMERICAL DATA.

NOTE.—Items marked with an asterisk (*)
have not been published previously in the
SURVEY or are repeated for special reasons;
detailed tables covering back figures for these
items will be found at the end of this bulletin.
For detailed tables covering other items, see
the last quarterly issue of the SURVEY (NO.
24).

June,
1923

In many cases August figures are now
available and may be found in the special
table on page 19.
TEXTILES.

|

Wool.

|

Consumption by textile mills,
j
grease equivalent
thous. of lbs.J
Receipts at Boston:
I
Domestic
thous. of lbs.. !
Foreign
thous. of lbs.. \
Total
thous. of lbs.J
Imports, unmanufactured
thous. of lbs.. |
Machinery activity:
I
Looms—
!
Wide
per ct. of hours active. J
Narrow
per ct. of hours active.. j
Carpet and rug. per ct. of hours active.. |
Sets of cards
per ct. of hours active.. I
Combs
per ct. of hours active..
Spinning spindles—
Woolen
per ct. of hours active..
Worsted
per ct. of hours active..
Looms and spindles:
Woolen spindles, .per ct. of active to total..
Worsted spindles.per ct. of active to total..
Wide looms
per ct. of active to total..
Narrow looms
per ct. of active to total..
Carpet looms
per ct. of active to total..
Prices:
Scoured, Ohio, J and § grades,
Boston
dolls, p e r l b . .
Worstedyam
dolls, perlb..i
Wool dress goods
dolls, per y d . . j
Men's suitings
dolls, per y d . . I




July,
1923

Corresponding
month,
June or
July,
1922.

CUMULATIVE TOTAL
THROUGH
LATEST MONTH.

(+)

or decrease

(-)

1922

INDEX NUMBERS.

Percentage
increase

1923

cumulative
1923
from
1922.

BASE
YEAR
OR
PERIOD.

1922

Peri centI age
!| in"
;i crease

1923

l| (+)
I or de! crease
July
June. I July. Apr.I May.June. July. from
June.

52,649 .

46,347

46,902

361,052 j 399,212 j;+ 10. e

1921

119

106

128

135

22,144
22,259
44,403
30,129

26,081
7,762
33,843
13,422

40,516
30, 791
71,307
33,484

134,297
140,910
275,207
215,425

1913
1913
1913
1913

217
140
195
134

300
583
380
265

862
286
609

164
811
422
285 237
373 ! 238

193
147
180
106

4- 17.8
- 65.1
- 23.8
- 55.5

80.7
73.8
74.1
94.2
97.2

62.8
62.5
70.4
88.2
80.4

1921
1921
1921
1921
1921

93
94
141
127
91

91
130
98 | 131
137 | 161
123 | 178
90 I 134

133
132
167
142
126

131
130
166
147
115

117
115
144
132
109

-

90.3
89.7

86.0
66.1

1921
1921

125
84

120
81

142
134

139
126

129
116

126 - 2.3
110 - 5 . 2

86
91
82
83
86

84
68
64
72
78

1913
1913
1913
1913
1913

112
92
86
92
115

109
92
86
99
115

117
127
118
116 i
126 !

117
127
118
116
128

113
122
114
115
129

112
123
111
114
126

1.000
1.800
1.035
3.690

.818
1.400
.815
3.060

1913
1913
1913
1913

156
184
145
198

171

^
,
I
!
i
!
90.1 I
83.0 j
85.0
105.4
102.6 I
92.8
95.1
87 l
90
84
84
88 '

.988
1.800
1.035
3.690

88,970
253,446
342,416
344,901

+
+
+

33.8
80.0
24.4
60.1

213
225
145 : 184
227
198

j
!
i
'

119 I 105 - 12.0

+
-

10.7
11.5
13.3
10.2
5.2

0.9
0.8
2.6
0.9
2.3

213 205
209 + 1.2
232 232
232
0.0
184 ! 184 184
0.0
239 i 239 I 239
0.0

25
TREND OF BUSINESS MOVEMENTS—Continued.
NOTE.—Items marked with an asterisk (*)
have not been published previously in the
SURVEY or are repeated for special reasons;
detailed tables covering backfiguresfor these
items will be found at the end of this bulletin.
For detailed tables covering other items, see
the last quarterly issue of the SURVEY (NO.
24).

In many cases August figures are now
available and may be found in the special
table on page 19.

NUMERICAL DATA.

June,
1923

July,

Corresponding
month,
June or
July,
1922.

CUMULATIVE TOTAL
THROUGH
LATEST MONTH.

1922

INDEX NUMBERS.

Percentage
increase

1923

or decrease

(-)

cumulative
1923
from
1922.

BASE
YEAR
OR
PERIOD.

1922

Per
centage
increase

1923

or decrease

June. July. Apr. May. June. July.

July
from
June.

TEXTILE S—Continued.
Cotton.
Consumption by textile mills
bales.
Stocks, end of month:
Mills
thous. of bales.
Warehouses
thous. of bales.
Visible supply (world)
thous. of bales.
Total domestic, ginned
thous. of bales.
Imports, unmanufactured
bales.
Exports, unmanufactured
bales.
Manufactured goods:
Cotton cloth exports
thous. of sq. yds.
Fabric consump. by tire mfrs. thous. of lbs.
Elastic webbing sales
thous. of yds.
Fine cotton goods:
Production
pieces.
Sales
pieces.
Machinery activity, spindles:
Active
thousands.
Total activity
mills, of hours.
Activity per spindle
hours.
Prices:
Raw cotton to producei f
dolls, per lb.
Raw cotton, New York
dolls, per lb.
Cotton yarn
dolls, per lb.
Print cloth
dolls, per yd.
Sheeting
dolls, per yd.

542,166

461,575

458,002 3,424,861

4,002,506 + 16.9

1913

106

95

120

129

112

96 - 14.9

1,218
1,488
2,840
2,832
8,587
207,495
373,742 3,208,261

305,147 + 47.1
1,960,744 - 38.9

1913
1913
1913
1914
1913
1913

111
83
88
62
68

91
85
92
69
42
51

140
112
59
99
183
36

120
90
46
82
116
22

100
70
36
65
66
30

81
53
28
51
31
23

347,301
62,370
89,901

270,959 - 22.0
78,746 + 26.3
104,176 + 15.9

1913
1921
1919

170
151
111

163
144
95

121
187
110

192
111

95
151
103

82 - 13.6
102 - 32.2
75 - 27.2

375,944 2,583,310 3,050,113 + 18.1
93,964 1,984,531 2,253,747 + 13.6

1919
1919

105
116

110
48

128
41

120
60

- 17.5
47 - 20.6

1
1,345
U,233
1,109
1
2,668
13,367
214,851

2,092
6,356
167,808

35,066
10,085
15,101

30,288
6,836
10,999

458,605
265,859

378,326
211,147

34,843
8,385
224

34,238
7,136
191

32,052
7,045
191

1913

105

106

117

117

115

113 - 1.7
- 14.9
- 14.8

.262
.284
.458
.070
.119

.235
.259
.437
.066
.117

.207
.223
.412
.066
.106

1913
1913
1913
1913
1913

170
173
161
188
162

173
175
166
191
172

224
226
200
229
210

213
216
190
212
202

218
222
185
203
194

196
202
177
192
190

+ 16.3
- 8.8
-4.6
-5.7
-1.7

doz.
734,400 630,900
540,000 4,437,900 4,748,400
7.0
doz.
784,800 4,760,100 3,885,300 - 18.4
378,900 468,900
doz.
710,100 4,320,900 5,221,800 4- 20.8
666,900 702,900
doz.
18,000
105,300
104,400 - 0 . 9
16,200
9,900
doz. 1,748,700 1,908,900 1,269,900

1920
1920
2 1920
2
1920
2
1920

110
695
130
35
290

91
777
155
20
253

114
364
143
23
430

128
439
140
31

124
375
145
32
348

107
464
153
36
380

+ 23.8
+ 5.4
+ 11.1
+ 9.2

36,289 + 26.3
223,525 + 14.8

1913
3 1920
1920
1913

178
166
52
201

144
140
54
194

146
214
56
256

172
137
58
232

138
156
50
211

224
160
45
197

1909-13
1909-13

214
83

108
58

156
104

144
63

130 — 10.2
70 + 10.5

76

115

126 +

75

1

1,0

1

60,238
9,617
13,915

-

19.0
23.8
22.0
21.6
52.5
21.9

Knit Underwear.
Production
Orders received
Shipments
Cancellations
Unfilled orders, end of month

2

- 14.1

Silk.
Imports, raw
Consumption, raw
Stocks, raw, end of month
Prices, raw, Japanese, N. Y

.thous. of lbs.
bales.

6,380
28,573
22,914
7.154

4,102
24,996
27,474
7.056

28,728
194,656

dolls, per l b . .

3,945
27,824
25,865
7.693

Burlap a n d Fiber.
Imports:
Burlap
thous. of lbs..
Fiber, unmanufactured
long tons..

18,149

43,950
20,055

36,575
16,500

312,651
138,428

9,223

10,094

8,943

17,021

22,800
18,288
4,512
5,816

27,503
22,547
4,957
5,747

31,127
23,830
7,297
3,583

21,437

3,668
3,749

3,680
3,516

2,405
2,953

14,456
18,980

368,006 + 17.7
200,034 + 44.5

+ 61.7
+ 2.7
- 11.4
— 7.0

METALS.
Iron a n d Steel.
Iron ore movement:
Through Sault Ste. Marie
Canal
thous. of short tons..
Lake Superior iron o r e Stocks—
Total
thous. of tons..
At furnaces.
thous. of tons..
On Lake Erie docks
thous. of tons..
Consumption
thous. of tons..
Production:
Pig iron
thous. of long tons..
Steel ingots (prorated).thous. of long tons.




i

+49.2

9.4

1913

112

102
107
90
89

65
67
60
139

62
66
53
152

55
145

61 +

9.8

38,407 + 79.2

1919
1919
2 1919
2 1919

143 -

1.2

23,509 ;+ 62.6
26,729 + 40.8

1913
1913

94
117

139
156

151
166

143
149

144 +

0.3

139 -

6.2

2

2

1 Revised.
2
Relative to &*^ months' average, July to December, inclusive.
3 Eleven months' average, February to December.

61676—23

25,3»8

92
124

• Canal opened in May.
t First of following month.

90 + 20.6

101 + 23.2

26
TREND OF BUSINESS MOVEMENTS—Continued.
NOTE.—Items marked with an asterisk (*)
have not been published previously in the
SURVEY or are repeated for special reasons;
detailed tables covering backfiguresfor these
items will be found at the end of this bulletin.
For detailed tables covering other items, see
the last quarterly issue of the SURVEY (NO.
24).
In many cases August figures are now
available and may be found in the special
table on page 19,

NUMERICAL DATA.

June,
1923

July
192S

CUMULATIVE TOTAL
THROUGH
LATEST MONTH.

Corresponding
month,
June or
July,
1922.

INDEX NUMBERS.

Percentage
increase

1922

1923

(

t>

or decrease
(-)
cumulative
1923
from
1922.

BASE
YEAR
OR

1922

Percentage
increase

1923

(+)

or decrease

PERIOD.

June. July. Apr. May. June. July.

(-)
July
from
June.

METALS—Continued.
Iron and Steel—Continued.
Merchant pig iron:
Production
thous. of long tons..
Sales
thous. of long tons..
Shipments
thous. of long tons..
Unfilled orders
thous. of long tons..
Stocks, merchant
furnaces
thous. of long tons..
Stocks, steel plants thous. of long tons..
Steel castings:
Total bookings
short tons..
Railroad specialties
short tons..
Miscellaneous bookings
short tons..
Exports (comparable)
thous. of long tons..
Exports (total)
thous. of long tons..
Imports
thous. of long tons..
Unfilled orders, U. S. Steel Corp.,
end of month
thous. of long tons..
Ohio grey-iron foundries:
Meltings
long tons..
Meltings
per cent of normal..
Receipts oi iron
long tons..
Stocks
long tons..
Wholesale prices:
Pig ironFoundry No. 2,
Northern
dolls, per long ton..
Basic,
Valley Furnace.-dolls, per long ton..
Steel billets, Bessemer.dolls, per long ton..
Iron and steel
dolls, per long ton..
Composite pig iron
dolls, per long ton..
Composite steel
dolls, per 100 lbs..
Compositefinishedsteel.dolls, per 100 lbs..
Structural steel beams.. .dolls, per 100 lbs..

573
170
455

544
219
392

463

625
129 I

245
71

84,878
42,773
42,105
134
173
66

52,066 ;
16,741
35,325
141
170
113

66,166
32,372
33,794
128
159
72

5,911

5,776

24,091
81.27
15,570
26,366

25,183
85.32
10,950
2S,354

12,087
58.54
6,521
19,810

29.65

27.27

26.02

252
245
382
1,240

1,706
2,690
2,370

3,650 +114.0
2,850 + 5.9

+ 37.7

428,227
235,872
192,355
1,110

651,726
302,045
349,681
924
1,152
621
192 '

74,496
50,854

+ 52.2
+ 28.1
|+ 81.8
- 16.8
- 12.6
j+223.4

153,066 +105.5
123,684 +143.2

144
66
118
67

1914
1914
1914
1914

75
83
111
106

66
74
115
95

141
67
154
126

158
39
155

151
51
137
79

1914
•1921

41
49

32
38

35
35

45
36

61
52

1920
1920
1920
1913
1922
1913

135
195
95
77
130
147

100
122
85
56
94
273

138
149
130
62
106

135
146
128
69
121
281

128
161
106
59
102
250

79
63
89
62
101
426

1913

95

98

123

118

108

100 I- 7.4

1922
1922
1922
1922

98
124
110

99
113
79

203
154
266
127

190
157
191
105

198
157
189
118

207 | + 4.5
165 !;+ 5.0
133 - 29.7
127 !+ 7.4

1913

162

163

205

200 ! 185 170 - 8.0

1913
1913
1913
1913
1913
1913
1913

170
136
140
158
129
130
105

165
136
142
159
130
131
109

i 211 197
j | 175 173
; 179 180
204
200
174
176
; 169
168
: 172
174

I
j
!
|
i

186
165
175
189
176
168 i
169

1920
1920
1920
1920
1920

123
100
118
190
64

104
119
105
102
59

j1 149
| 100
I 147
I 131
| 84

\
j
;
!
!

127 102
110 90
135 112
123 66
73
59

1920
1920

387

91
350

125
438

127 ! 130 i 126 j!- 2.9
419 ; 534 j 574 + 7.4

238 ; 197
230 | 230
182 ! 143

219
288
237

209 j 185 188 + 1.4
266 | 239 249 + 2.8
210 i 210 180 - 14.4

191
146

181
137

212
162

I
149 ; 133
114
102

131 - 2.0
100 - 2.0

37
42
61 \ 111
5!
7

71
183
18

78
207
11

78 + 3.0
192 - 4.5
31 + 154.5

- 5.1
+ 28.8
- 13.8
- 15.7

82 + 35.0
+ 31.6
+
+

38.7
609
16.1
5.2
1.7
71.2

j

27.38 !
42.63 i
46.19
29.11
3.03
2.79
2.C0

25.10
42.50
45 20
26.98
3.03
2.78 :
2.50

24.25
35.00
37.50
24.54
2.23
2.17
1.70

171 - 8.3
165 j ; - 03

172 I- 2.2
175 !|- 7.3
176 jj 0.0
167 i'— 0.4
166 ,!- 3.8

Finished Iron and Steel.
Sheets, blue, black, and galvanized:
Production (actual)
short tons..
Production
per cent of capacity.
Shipments
short tons.
Sales
short tons.
Unfilled orders
short tons.
Stocks:
Total
short tons.
Unsold
short tons.
Steel barrels:
Shipments
barrels.
Production
per cent of capacity.
Unfilled orders
barrels.
Structural steel:
Sales (prorated)
short tons.
Sales
per cent of capacity.

179,100
72.7
181,381
143,563
409,885

I 1,168,095 : 1,686,070 j + 44.3
I
'
!|
j 1,114,543 : 1,710,360 ||+ 53.5
! 1,300,760 ! 1,522,735+ 17.1
!
!

218,432
79.9
233,128
172,637
503,175

174,910 |
65.3 I
192,262
92,358
404,868

145,476
29,827

141,130 ! 101,639
32,062 | 19,586

207,563
41.5
493,733

210,621
42.7
422,478

220,992 1,273,044
40 0
334,881

127,500
51

125,000
50

172,500 1,181,100 | 1,222,500 +
69

1,552,335 + 21.9

1921
1921
2
1921

3.5

1913
1913

1,644 +235.5
1,543 +351.2
101 - 3 1 . 8

1913
1920
1920

152
122
162
172
80

j - 19.9
','- 18.3
j - 17.5
I - 46.5
'- 19.5

Iron and Steel Products.
Locomotives:
ShipmentsTotal
Domestic
Foreign
1

.'...number..
number..
number..

232
221
11

239 i.
211
28 !

128
122
6

Relative to six months' average, July to December, inclusive.




490
342
148
8

76
201
12

Relative to eleven months' average, February to December, inclusive.

27
TREND OF BUSINESS MOVEMENTS—Continued.
NOTE.—Items marked with an asterisk (*)
have not been published previously in the
SUKVEY or are repeated for special reasons;
detailed tables covering back figures for these
items will be found at the end of this bulletin.
For detailed tables covering other items, see
the last quarterly issue of the SURVEY ( N O .
24).
In many cases August figures are now
available and may be found in the special
table on page 19.

NUMERICAL DATA.

June,
1923

July

Corresponding
month,
June or
July,
1922.

CUMULATIVE TOTAL
THROUGH
LATEST MONTH.

1922

I N D E X NUMBERS.

Percentage
increase

1923

or decumulative
1923
from
1922.

BASE
YEAR
OR
PERIOD.

1922

Per
centage
increase

1923

or decrease
June. July.

U

Apr. May. June. July.

from
June.

METALS—Continued.
Iron and Steel Products—Continued.
Locomotives—Continued.
Unfilled o r d e r s Total
number.
Domestic
number.
Foreign
number.
Freight cars: Orders, domestic
number.
Foundry equipment:
Sales
dollars.
Shipments
dollars.
Unfilled orders
dollars.
Ship construction:
Vessels under
construction
thous. of gross tons.
New vessels
completed
thous. of gross tons.
Stokers:
number.
s
horsepower.
Steel furniture, shipments
thous. of dolls.
Agricultural pumps:
Shipments—Total
thous. of dolls..
Pitcher, hand, etc
number..
Power pumps
number..
Tubular plumbing sales:
Quantity
number of pieces.,
Value...
dollars..
Patents issued:
Total, all classes
number.
Agricultural implements
number.,
Internal combustion engines
number..

1,958
1,854
104
1,785

1,738
1,652
86
1,450

442,465
403,425
710,968

356,245
444,674
610,344

172

164

46

811
712
99
13,700

1920
1920
1920
1913

45
55
24
125

61
80
23
130

167
236
22
93

163
229
24
21

148 131
207 185
24 • 20
17
14

1922
1922
1922

130
147
94

87
94
122

188
185
178

188
202
186

170
178
192

1920

18

19

21

13

15

- 11.1

1919

5

114,050

78,925 - 30.8

225,982 1,735,641
240,767 1,392,972
378,625

3,104,062 + 78.8
2,867,512 +105.9

219
19

168

11

-

11.2
10.9
17.3
18.8

137 - 19.5
196 + 10.2
165 - 14.2

14 -

4.7

13

2 - 84.8

59,719
1,402

129
52,518
1,248

70,230
946

370,423
7,115

1,019 + 23.4
516,933 + 39.6
10,055 -f 41.3

1919
1919
1919

47
71
112

76
133
104

71
162
167

191
166

58
113
154

55 - 4.4
100 - 12.1
137 - 11.0

660
52,586
3,867

562
42,674
3,952

t 18,139
f 283,067
t 3,143

4,241 + 34.9
399,276 + 41.1
24,456 + 34.8

1919

104

99

100

112

108

33,942
3,590

92 - 15.2
- 18.8
-f 2.2

90,320
105,709

94,381
100,755

3,069
49
47

3,422
50
61

2,788
32
41

22,197

125,433
62,019
.148

125,983
63,964
.144

93,486
63,596
.137

257,012
540,324

227,701
421,819

277,926
282,194

85,680
34,346
24,181
22,496
.064

86,130
42,480
27,628
25,838
.064

63,834
57,236
17,057
13,158
.060

long tons.
long tons.
long tons.
thous. of lbs.
dolls, per lb.

2,137
21,297
5,410
10,996
.411

2,037
20,019
5,305
12,616

3,616
21,502
4,590
12,683
.315

Production
index number.
Receipts, St. Louis
thous. of lbs.
Shipments, St. Louis
thous. of lbs.
Wholesale price,pig,desilverized.dolls.per lb.

10,146
5,387
.072

7,083
5,630
.064

14,486
7,002
.058

135

177

4- 4.5
-4.7

365

23,421
5.5
375
1.6
403 + 10.4

1913
1913
1913

483,351
449,081

813,944 + 68.4
439,108 - 2.2

1913
1913
1913

109
67
81

110
56
116

143
76
149

109
62
109

121 + 11.5
63 + 2.0
142
29.8

116
91
108

123
84

123

123 +
91 +
92 -

Copper a n d B r a s s .
Copper:
Production
thous. of lbs.
Exports
thous. of lbs.
Wholesale price, electrolytic.dolls, per lb.
Brass faucets:
Orders received
number of pieces.
Orders shipped
number of pieces.

94

0.4
3.1
2.7

- 11.4
- 21.9

Zinc.
. . .thous. of lbs.
Production
...thous. of lbs.
Stocks, end of month
thous. of lbs.
Receipts, St. Louis
thous. of lbs.
Shipments, St. Louis
Price, slab, prime western... ....dolls, per lb.

372,280
138,358
159,271

625,218 + 67.9
164,983 + 19.2
136,113 - 14.5

1913
1913
1913
1913
1913

73
101

110
70
62
46
103

162
22
104
62
133

164
32
94
71
121

148
42
87
79
110

149
52
100
91
110

+ 0.5
+ 23.7
+ 14.3
+ 14.9
0.0

Tin.
Stocks, end of month:
At New York
World visible supply
Consumption
Imports
Wholesale price, pig tin

32,975
78,432

42,969 + 30.3
95,645 + 21.9

121,822
57,898

84,775 - 30.4
43,298 - 25.2

1913
1913
1913
1913
1913

128
190
140
131
70

196
174
126
133
70

194
179
185
176
103

170
179
165
118
95

116
171
148
115
92

110
162
145
132
86

- 4.7
- 6.0
- 1.9
+ 14.7
- 6.1

1921
1913
1913
1913

115
369
129
133

114
265

152
301
78
188

161
192
61
168

166
185
62
164

157
129
64
145

- 5.4
- 30.2
+ 4.5
- 11.1

Lead.




t Cumulative for six months.

131

28
TREND OF BUSINESS MOVEMENTS—Continued.
NOTE.—Items marked with an asterisk (*)
have not been published previously in the
SURVEY or are repeated for special reasons;
detailed tables covering back figures for these
items will be found at the end of this bulletin.
For detailed tables covering other items, see
the last quarterly issue of the SURVEY (NO.
24).

In many cases August figures are now
available and may be found in the special
table on page 19.

NUMERICAL DATA.

June,
1923

July,
1923

CUMULATIVE TOTAL
THROUGH
LATEST MONTH.

Corresponding
month,
June or
Julv,
1922

INDEX NUMBERS.

Percentage
increase

(+)

BASE
YEAR
OR
PERIOD.

or decrease

(-)
cumulative
1922

1923

318,520
59,007
11,651
22,119

1923
from
1922.

1922

Percentage
increase

192S

(+)
ordecreaee)
June. July. Apr. May. June. July.

July
from
June.

FUEL AND POWER.
Coal and Coke.
Production:
Bituminous coal
thous. of short tons..
Anthracite coal
thous. of short tons..
Beehive coke
thous. of short tons..
By-product coke
thous. of short tons
Production of electrical energy:
Total
mills, of kw. hours..
By water power...mills, of kw. hours..
By fuels
mills, of kw. hours..
Fuel consumption by electric power plants:
Coal..
thous. of short tons
Oil
thous of barrels
Gas
millions of cu f t
Storage, anthracite
thous. of long tons
Exports:
Bituminous
thous. of long tons..
Anthracite
thous. of long tons
Coke
thous. of long tons
Wholesale prices:
Bituminous—
Kanawha, f. o. b.
;
Cincinnati
dolls, per short ton..
Mine average
dolls, per short ton..
Anthracite, chestnut.. dolls, per long ton..
Coke, Connellsville.. .dolls, per short t o n . .
Retail prices:
Bituminous, Chicago.dolls, per short t o n . .
Anthracite, clxestaut,
New York
dolls, per short ton

45,644
8,665
1,755
3,166

45,126
8,320 i'
1,582
3,253

17,003

2,486

204,337
22,038
3,645
15,665

4,524
1,759
2,765

4,536
1,666
2,870

3,871
1,557
2,314

26,221
16,263
15,959

2 053

3,027
1,162
3 169

2,563
1,010
2 607

18,246
6,665
13 847

898

500

2,278

366

455

17

4,607
1,021

60

28

194

1 036
2 860
766
2,419
419
64

116
450

+ 55.9
+167.8
+219.6
+ 41.2

1913

56

43

107

1913

1

2

116
112

114

113

-

1.1

114

109

-

4.0

1913

16

16

106
63

65

63

57

- 9 . 9

1913

244

235

303

314

297

307

+ 2.7

31,992 + 22.0
11,936 - 26.6
20,056 + 25.7 :

1919

118

119

138

143

139

140

1919

130

128

147

158

145

1919

111

114

133

135

136

137
142

+ 0.3
- 5.3
+ 3.8

22,052 + 20.9
7,762 + 16.5
17,260 + 24.6 i !

1919

85

88

101

101

101

104

1919
1919

100

110

106

110

112

126

131

146

129

154

160

178

1921

47

19

12

21

29

34

1909-13

49

205

220

207

14

33
6

126

i 1909-13

147

155

145

158

40

38

277

223

88

82

11,449 + 148.5
2,828 + 177.0
736 +279.4

1909-13

1

+
+
+
+

2.5
12.2
10.8
17.2

- 5.8
+ 8.6
- 6 . 2

i

1913

232

245

222

200

188

177

-

6.1

1913

273

380

227

216

207

193

-

6.3

1913
1913

(5)

(5)

200

200

200

200

10.75

277

441

259

211

195

187

-

8.81

8.92

1913

184

185

184

183

184

183

- 0 . 2

13.67

13.83

13.14

1913

189

189

196

196

196

198

+ 1.2

thous. of bbls..

61,491

65,247

46,593

1913

220

225

281

299

297

315

+ 6.1

thous. of bbls..
number..
thous. of bbls..
thous. of bbls..
thous. of bbls..
thous. of bbls..
thous. of bbls..
.dolls, per b b l . .
.
.number

289,986

299,389

261,395

1913

244

249

260

267

276

285

157

148

162

1919

137

140

123

126

135

128

+ 3.2
- 5.7

283,651
31,718
54,396
5,882
11,943
1.450
1,830

293,054
33,581
61,195
6,803
12,119
1.450
1,733

35,287
50,093
9,971
17,068
1.925
1,798

1919
1913

242
221

236

225
281

1913
1913
1913

4.8

gals.. 636,734
636,912
gals..
80,693
70,398
gals.. 633,505 674,019
gals 1,263,583 1,165,389

569,711
58,631
566,112
772,909

3,397,355
367,137
2,883,932

4,347,570 + 28.0
481,878 + 31.3
3,627,054 + 25.8

192,924
324,586

1,248,129

thous. of gals.. 970,870 1,053,243
959,029
thous. of gals.. 1,324,025 1,400,814 1,368,870

6,058,773

4.14
2.54
10.62
4.75

3.89
2.38
10.62
4.55

8.83

5.39
4.67
(5)

0.0
4.2

Petroleum.
Crude petroleum:
Production
Stocks, end of month:
Total (comparable)
Day's supply
Total as reported
Total at refineries
Consumption
Imports
Shipments from Mexico
Price, Kansas-Oklahoma..
Oil wells completed..
Gasoline:
Production
Exports
Domestic consumption
Stocks, end of month
Kerosene oil:
Production
Stocks
Gas and fuel oil:
Production
Stocks
Lubricating oil:
Production
Stocks




thous. of
thous. of
thous. of
thous. of

thous. of gals..
thous. of gals..

thous. of gals..
thous. of gals..

179,074
264,301

95,726
225,137

188,226
269,460

93,961
224,952

91,715
226,691

313,832

402,845 + 28.4

394,520 + 23.5
41,443 - 52.4
84,398 - 31.8

319,463
87,008
123,785

10,505 +

10,022

1,321,948 +

5.9

6,829,875 + 12.7

541,479

»No quotation.

641,064* + 18.4

+ 5.9
+ 12.5
+ 15.7

210
255

211

212

266

249

821

230
672

335

786,
241

791
206

599
195

399
570
163

396
553
155

458
561
155

0.0

1913

104

113

96

118

115

109

— 5.3

1919
1919

159

173

188

192

193

193

0.0

176

191

214

232

230

263

1919
1919

177

198

166

203

221

175

164

283

281

267

235
247

+ 14.6
+ 6.4

97
91

92

96

88

90

+ 5.1
+ 2.0

+

—

1.5

7.4

1919

89

99

93

1919

106

108

91

151
176

154

152

153

165

162

172

166
182

+ 8.5
+ 5.8
-

1919

142

1919

172

1919

114

130

129

149

136

133

1919

141

140

145

140

139

139

1.8
0.1

29
TREND OF BUSINESS MOVEMENTS—Continued.
NOTE.—Items marked with an asterisk (*)
have not been published previously in the
SURVEY or are repeated for special reasons;
detailed tables covering backfiguresfor these
items will be found at the end of this bulletin.
For detailed tables covering other items, see
the last quarterly issue of the SURVEY (NO.
24).

In many cases August figures are now
available and may be found in the special
table on page 19.

NUMERICAL DATA.

June,
1923

July,
1923

Corresponding
month,
June or
July,
1922.

INDEX NUMBERS.

Percentag
increas

CUMULATIVE TOTAL
THROUGH
LATEST MONTH.

or decrease
cumulative
1923
from
1922.

1922

1923

99,038
496,712

156,412 + 57.9
623,760 + 25.6

810,981
813,759
566,298
17,127

883,382
8.9
878,783
8.0
744,338 -f 31.4
9,850 - 42.5

1922

BASE
YEAR
OR
PERIOD.

Per
centage
increase

1923

(+)

or decrease
June. July

Apr

May. June. July

from
June.

PAPER AND PRINTING.
Wood Pulp.
Mechanical—Imports
Chemical—Imports

short tons.
short tons.

18,806

17,376

17,181

100,757

83,392

90,638

1909-13

123

1909-13

103

128

156

114

106

355

276

286

395

323

5.1
6.1
563 2.3
27 - 40.7
97 + 8.5

-

7.6
17.2

Newsprint Paper.
Production
Shipments
Imports
Exports
Stocks, end of month—At mills

short tons. •132,278 «124,160
short tons. • 130,720 «122,698
short tons.
103,130
105,530
short tons.
1,652
980
short tons. «21,386 «23,201

120,839
123,050
80,337
2,139

1919

111

105

102

121

115

1919

112

107

103

119

114

1913

460

439

610

629

576

1913

81

41

42

46

79

87

1919

21,156

108

107

Book Publication.
American manufacture
Imported

number.

701

387

538

number.

124

94

113

264,763

279,546

201,302

145,985

157,722

128,604

118,778

121,824

72,698

3,795

4,215 + 11.1
657 - 1.6

1913

-

1913

44.8

- 17.5

60

Paper Boxes.
Corrugated board production:
Total
thous. of sq. ft.
Container Club
thous. of sq. ft.
National Ass'n
thous. of sq. ft.
Machinery activity
per cent of normal.
Solid fiber board production:
Total
thous. of sq. ft.
Container Club
thous. of sq. ft.
National Ass'n
thous. of sq. ft.
Machinery activity
per cent of normal.
Folding boxes:
New orders
per cent of capacity.

78

1922

1,052,545 2,040,721 + 93.9
762,633 1,089,174 + 42.8
289,912 - 951,567 +228.2

2 1919

591,726 + 32.4
393,423 + 8.9
198,103 +130.7

1922

102

110

1919

103

114

1922

120

122

135

116

5.0
8.0
2.6
2.6

1922

65

78,797

84,862

69,833

52,376

57,894

57,749

26,421

26,768

12,084

76

77

87

64.7

55.6

86.1

447,027
361,142
85,885

7.7
10.5
1.3
1.3
-

14.1

1921

-

15.8

M921

-

1.6

77 -

7.3

1921

168

180

146

111

Other Paper Products.
Labels—New orders
per cent of capacity..
Rope paper sacks: Shipments, .index number..
Abrasive paper and cloth:
Domestic sales
reams..
Foreign sales
reams..

89.7

81.8

85,302

73,433
6,421

11,660

413,908
39,539

589,654 + 42.5
64,562 + 63.3

1919
1919

Printing.
Activity, weighted

index number.

Rel. to

76

99

96

lept.,1920

RUBBER.
Crude:
Imports
thous. of lbs..
Consumption by tire mfrs.. .thous. of lbs..
Wholesale price, Para, N. Y. .dolls, per lb..
Stocks in United Kingdom*
tons..
Tires:
Production—
Pneumatic
thousands..
Solid
thousands..
Inner tubes
thousands..
Domestic shipmentsPneumatic
thousands..
Solid
thousands..
Inner tubes
thousands..
Stocks, end of m o n t h Pneumatic
thousands..
Solid
thousands..
Inner tubes
thousands..

79,189

44,635

32,003

21,367

.250

.239

57,108

55,937

2,957

1,993

72

42

3,590

2,625

2,492

2,539

52

45

3,581

3,942

7,041

6,471

283

263

8,924

7,396

56,855
28,181
.172
80,702

371,912
177,448

2,477
72
3,068

17,223
371
19,778

22,360 + 29.8
502 + 35.3
27,659 + 39.8

2,695
60
3,631

15,787
355
18,556

19,671 + 24.6
438 + 23.4
25,052 + 35.0

4,834
176
5,676

482,801 + 29.8
249,404 + 40.6

1913

528

719

1921

165

214
34

- 43.6
+ 33.2
+ ' 4.4
2.1

1913

21

1921

105

1921

156

195

163

1921

187

202

205

1921

139

1921

164

156

131

1921

144

165

119

1921

173

154

156

159

1921

120

144

167

1921

74

113

123

1921

135

184

195

- 32.6
- 61.3
- 26.9

+ 1.9
- 13.5
+ 10.1,
- 8.1
-7.1
- 17.1

* Relative to six months' average, July to December, inclusive.
• Computed from reports of The News Print Service Bureau on the basis of the percentage relationship between its data and those of the Federal Trade Commission
for the first five months of 1923, approximately 90 per cent for production and shipments and 80 per cent for mill stocks.
7
Twelve months' average, July, 1921, to June, 1922.




30
TREND OF BUSINESS MOVEMENTS—Continued.
NOTE.—Items marked with an asterisk (*)
havp not bppn Diiblishpd Dreviouslv in the
SURVEY or are repeated for special reasons;
detailed tables covering back figures for these
items will be found at the end of this bulletin.
For detailed tables covering other items, see
the last quarterly issue of the SURVEY (NO.
XXCt >

\j

JLlVly

KJ\/\sH

£J U KJXXiJXX\}\Ji

^ / l V >

l V U O l k f

XXX

I

NUMERICAL DATA.

u u u

24).

In many cases August figures are now
available and may be found in the special
table on page 19.

June,
1923

July,
1923

CUMULATIVE TOTAL
THROUGH
LATEST ]MONTH.

Corresponding
month,
June or l
July,
1922.

1922

1923

Per- 1
centage
mcreasei
(+)
or decrease
(-)
cumulative
1923
from
1922.

INDEX NUMBERS.
i

BASE
YEAR
OR
1
PERIOD.
!

1922

1923
1

Percentage
increase

(+)

or de-

I crease

i

June. July.

Apr. May. June. July.

U

from
June.

AUTOMOBILES.
Production:
Passenger cars
....number..
Trucks
number..
Shipments:
By railroad
carloads
Driveways
. .number of machines..
By boat
number of machines..
Internal-revenue taxes collected on:
Passenger automobiles and
motor cycles
thous. of dolls..
Automobile trucks and
wagons
thous. of dolls..
Automobile accessories and
parts
thous. of dolls..

i

337,143
40,616

297,104
30,049

40,550
58,628
13,415

31,600
43,000
9,570

11,568

13,501 ;

224,770 i 1,352,267
21,837
136,323

2,126,895 4- 57.3
227,101 + 66.6

1919

190
99

162
83

249

254

244

215

1919

142

163

154

114

190,842
147,734
26,016

279,S35 + 46.6
360,884 + 144.3
44,336 + 70.4

1920

158

220
154

216
158

151

78

149

1920

168

139
72
150

194

1920

107

273

286

110
204

— 22.1
— 26.7
— 28.7

3,632

31,709

64,458 +103.3

1920

113

52

81

173

166

194

+ 16.7

+ 37.4

192Q

99

49

56

96

98

108

+

23,524 + 31.7

1920

71

73

80

82

77

77

1919

84

73

90

89

86

79

—

• 1921

132

143
154

124

95

93

154

156
144

114

8 1921

108
114

101
76

159

«1921

143

83
114

— 23.4
— 27.2
— 20.3

1919

277
29

210
31

454
97

445

1919

99

450
88

298
88

— 33.8
0.0

1922
1922

100
98

108
110
101
83 I 1 1 9 115

112
104

108

+ 10.2
+ 6.4

1913
1913
1913
1913

178
181

181
184

212
215

170

173

217

212
214
194
221

195
222

214
217
194
222

1914

171

174

204

208

206

206

1913

187

118

160

171

148

128

3.0
27.7
13.5
26.4
15.0
40.2

1919
1919

111
34

103
47
194
303
183
153

106
69
170
206
138
126

91
38
125
194
366
94

29,116
28,100
7,030

— 11.9
— 26.1

i
1,238

1,360

.613

4,920

3,264

3,265

3,123

17,864

6,761

9.9
0.0

GLASS AND OPTICAL GOODS.
Bottles, production
index number..
Illuminating glassware:
Net orders
per ct. of capacity..
Actual production
per ct. of capacity..
Shipments billed
per ct. of capacity..
Spectacle frames ana mountings:
Sales (shipments)
index number..
Unfilled orders (value)
index number

45.4
41.4
51.0

34.8
30.2
40.8

37.1
27.4«
33.1

8.1

BUTTONS.
Stocks
Machinery activity

thous. of gross..
per ct. of capacity..

12,749
45.0

14,054
47.9

13 556
31.9

69

BUILDING AND CONSTRUCTION.
Building Costs.
Building materials:
Frame house, 6-room
index number..
Brick house, 6-room
index number..
Plumbing fixtures, 6room.dolls.pel 6 fixtures..
Building costs
index number
Concrete factory costs (1st of
following month)
index number..

130.26

129.58

1

206
209
192

+
+
-

0.9
0.9
0.5
0.0
0.0

Construction a n d Losses.
Building volume ,
ind^x niimher
Contracts awarded, floor space (27 states):
Business buildings
thous. of sq. ft..
Industrial buildings
thous. of sq. ft..
Residential buildings
thous. of sq. ft..
Educational buildings
thous. of sq. ft..
Hospitals and institutions.thous. of sq. ft..
Public buildings
thous. of sq. ft..
Social and recreational
buildings..
thous. of sq. ft
Religious and memorial
buildings
thous. of sq.ft..
Grand total
thous. of sq.ft..
Contracts awarded, value (27 states):
Business buildings
thous. of dolls..
Industrial buildings
thous. of dolls..
Residential buildings
thous. of dolls.
Educational buildings
thous. of dolls.
Hospitals and institutions.thous. of dolls.
Public buildings
thous. of dolls.




8,387
4,817
25,254
3,717
1,346
161

7,094
3,861
23,698
4,131
153

452

59,357
31,861
184,102
37,868
6,826
2,306

1,589

1,210

1,435

11,534

1,007
46,344

885

42,021

1,433
51,705

35,267
21,197
111,138
27,512
4,951
1,248

44,020
31,883
108,951
40,690
11,024
13,837

40,820

48,506
124,417
22,676
6,945
1,150

931

8,780
6,870
24,392
6,901
1,396

89

+
-

126

96

— 23.9

239
129

227
99

199

157
111

121
113
176
228
213
103

104
50
157
276
152
112

1919

156

1919
1919

425
234

1919

281

95
54
121
360
379
263

10,089 ,— 12.5

1919

255

113

137

138

7,954
342,295

6,144 - 22.8
358,800 |+ 4.8

1919

360

1919

130

323
111

286
138

324,429
155,063
791,728
205,331
49,982
23,694

279,702
228,669
924,841
168,920
34,580
9,127

1919

152

1919
1919

47

193

1919

444

130
75
154
409
338
1,237

134
58
231
360
154
128

57,601
40,680
208,998
27,883
5,801
1,378

+
+
-

+
+
-

13.8
47.5
16.8
17.7
30.8
61.5

1919

172

1919

216

•Twelve months' average, May, 1921, to April, 1922, inclusive.

— 13.5

210
244
122
131

77
30

118
216
253

15.4
19.8
6.2
11.1
30.8
5.0

- 12.1
90 - 9.3
+
+

13.6
56.3
10.7
21.3
28.7
8.5

31
TREND OF BUSINESS MOVEMENTS—Continued.
NOTE.—Items marked with an asterisk (*)
have not been published previously in the
SURVEY or are repeated for special reasons;
detailed tables covering back figures for these
items will be found at the end of this bulletin.
For detailed tables covering other items, see
the last quarterly issue of the SURVEY (NO.
24).
In many cases August figures are now
available and may be found in the special
table on page 19,

NUMERICAL DATA.

June,
1923

July,
1923

CUMULATIVE TOTAL
THROUGH
LATEST MONTH.

Corresponding
month,
June or
July,
1922.

(+)

or decrease

(-)

1922

INDEX NUMBERS.

Percentage
increase!

1923

cumulative
1923
from
1922.

1922

BASE
YEAR
OR
PERIOD.

Per
centage
increase

1923

(+

J

or decrease
June July.

U

Apr. May. June. July.

June.
from

BUILDING AND CONSTRUCTION—Con
Construction and Losses—Continued.
Contracts awarded, value—Continued.
Public works and utilities, .thous. of dolls..
Social and recreational
buildings
thous. of dolls.
Religious and memorial
buildings
thous. of dolls..
Grand total
thous. of dolls..
Southern construct. (16 states). .thous. of dolls..
Fire losses:
U. S. and Canada
thous. of dolls..
Great Britain
thous. of £ sterling

58,686

55,708

79,162

368,095

9,636

10,649

10,181

72,244

10,132
323,559
39,416

6,392
274,225
43,603

10,085
350,081
52,054

34,852

27,491

36,668

711

731

416

350,304 - 4 . 8

1919

138

189

146

182

140

133

-5.1

7.1

1919

200

146

167

167

138

153

+ 10.5

54,086
2,046,703
310,191

44,613 - 17.5
2,110,448 + 3.1
336,291 + 8.4

1919
1919
1921

340

323

286

221

324

204

160

163

166

174

150

128

70

189

225

197

143

158

- 36.9
- 15.2
+ 10.6

229,528
4,277

249,543 + 8.7
7,049 + 64.8

1919
1920

108

164

146

152

155

123

-

64

59

314

178

101

103

+ 2.8

1917
1917

118

105

101

113

106

107

80

80

77

74

77

78

+ 0.4
+ 1.1

1913

198

196

232

224

212

202

— 4.7

1917
1917
1913

140

136

155

149

163

132

160

138

176

166

177

144

- 18.7
- 18.6

147

158

234

234

212

212

0.0

133

122

128

181

148

124

162

122

185

201

193

143

148

128

151

193

136

98

67,119 -

Lumber.
Southern pine:
452,243
446,468 3,019,015 3,153,348 + 4.4
Production (computed)
M ft. b. m . . 450,408
Stocks, end of mo. (computed).M ft. b. m . . 1,054,133 1,065,574 1,091,060
Price, "B»
46.57
and better
dolls per M ft b m
48.87
45.22
Douglas fir:
Production (computed)
M ft. b. m . . 567,626
461,532
476,199 3,008,245 3,433,600 + 14.1
Shipments (computed)
M ft. b. m . . 573,266
466,904
445,625 2,936,038 3,716,767 + 26.6
Price, No. 1 common.dolls, per M ft. b. m . .
14.50
19.50
19.50
California redwood:
Production (computed)
M ft. b. m . .
45,614
324,529
358,234 + 10.4
46,385
55,312
40,712
363,103 + 27.2
Shipments (computed)
M ft. b. m . .
34,818
285,547
54,986
36,703
359,754 + 15.3
28,147
Orders received (computed).. .M ft. b. m . .
311,906
38,966
California white pine:
140,679
89,366
619,423 + 106.8
Production
M ft. b. m.. 152,312
299,500
67,931
69,947
242,847
40,405
413,881 + 70.4
Shipments
. . . ,M ft. b. m
453,155
507,767
386,171
Stocks
Mft. b. m
Michigan softwood:
56,592 + 9.1
8,846
Production
M ft. b. m . .
10,259
51,880
12,868
7,563
51,735
57,144 + 10.5
Shipments
M ft. b. m . .
8,227
8,913
61,475
Stocks, end of month
M ft. b. m . .
42,228
42,085
Michigan hardwood:
13,949
12,169
93,485
110,365 + 18.1
17,042
Production
M ft. b. m
12,444
Shipments
M ft. b. m . .
10,278
73,976
99,956 + 35.1
13,126
128,515
99,538
Stocks end of month
M ft. b. m
104,862
Western pine:
717,674
14,898
992,818 + 38.3
Production (computed)
M ft. b. m . . 1 193,505 1 179,578
155,837
913,292
926,664 + 1.5
Shipments (computed)
M ft. b. m . . 1 139,096 1 113,092
Stocks end of mo (comDuted) M ft. b . m 1 885,077 1 961,732
794,040
North Carolina pine:
^ Production (computed)
M ft. b. m . .
46,620
55,370
42,980
362,460
329,770 - 9.0
53,480
Shipments (computed)
.M ft. b. m . .
40,110
337,470
346,640 + 2.7 !
44,870
Northern pine:
Lumber377,683 + 16.6
76,734
69,978
62,065
324,000
Production
Mft.b.m..
49,611
40,658
57,409
329,771 + 6.1
310,955
Shipments
M ft. b. m . .
Lath19,880
91,942
100,712 + 9.5
19,229
21,668
Production
M ft. b. m . .
13,574
90,954 + 44.6
62,890
11,281
14,105
S hipments
M ft. b. m . .
Northern hemlock:
28,857
169,007
191,974 + 13.6
32,086 ! 30,344
Production
Mft.b.m..
30,971
174,603
32,656
26,364
183,383 + 5.0
Shipments
M ft. b. m . .
Northern hardwood:
33,608
21,376
41,805
201,045
304,655 + 51.5
Production
M ft. b. m . .
254,439 + 19.1
39,215
33,364
41,228
213,625
Shipments
M ft. b. m . .




1

Revised.

1918
1918
1918
1918
1918
1918

177

170

175

274

290

268

167

127

171

213

219

213

130

145

124

153

171

192

1917
1917
1917

72

51

32

53

74

59

48

43

62

54

50

46

47

58

40

39

40

40

21.1

- 16.1
- 26.0
- 27.8
- 7.6
-2.9
+ 12.1
- 20.3
-7.7
+ 0.3
- 18.1
- 21.7
— 5.1

1917
1917
1917

51

44

47

66

61

50

33

40

49

42

42

33

59

57

45

46

47

44

1917
1917
1920

150

130

160

180

177

164

158

141

119

139

126

102

- 7.2
- 18.7

86

90

88

93

100

109

+ 8.7

1919
1919

158

162

153

129

126

136

+ 8.5

163

166

168

147

139

125

- 10.6

1920
1920

163

154

124

184

191

174

116

114

86

102

99

81

- 8.8
- 18.0

212

207

124

196

226

201

171

214

226

226

177

222

1920
1920

- 11.3
+ 25.0

81 72 -

1913
1913

90

77

65

73

85

108

85

66

86

90

1913
1913

90

75

161

171

148

119

160

162

159

135

154

131

5.4
19.3

- 19.6
- 14.9

32
TREND OF BUSINESS MOVEMENTS—Continued.
NOTE.—Items marked with an asterisk (*)
have not been published previously in the
SURVEY or are repeated for special reasons;
detailed tables covering back figures for these
items will be found at the end of this bulletin.
For detailed tables covering other items, see
the last quarterly issue of the SURVEY (NO.
24).
In many cases August figures are now
available and may be found in the special
table on page 19.

NUMERICAL DATA.

June,
1928

July,
1928

Corresponding
month,
June or
July,
1922.

CUMULATIVE TOTAL
THROUGH
LATEST MONTH.

1922

I N D E X NUMBERS.

Per-

1928

(+)

or decrease
(-)
cumulative
1923
from
1922.

1922

BASE
YEAR
OR
PERIOD.

Percentage
increase

1923

(+)

or deJuly
from
June.

June. July. Apr. May. June. July.

BUILDING AND CONSTRUCTION-Con.
Lumber—Continued.
Walnut lumber:
Purchases
M ft. b. m..
2,785
2,812
Shipments
M ft. b. m..
1,889
2,293
Stocks
Mft.b.m..
8,450
7,871
Walnut logs:
2,190
Purchase
M ft. log measure..
2,524
Made into lumber and
2,501
veneer
M ft. log measure..
2,405
2,934
Stocks
M ft. log measure..
3,658
Lumber, total:
Production (10 species)
M ft. b. m.. 2,731,978 2,521,662
Exports (planks, joists, etc.). .M ft. b. m.. 172,256
158,937
Composite lumber prices:
Hardwoods.
dolls, per M ft. b. m..
45.75
47.46
Softwoods
dolls, per M ft. b. m..
32.25
34.26

1,719
2,251
11,314

13,619
12,659

17,726 + 30.2
17,498 + 38.2

1922
1922
1922

108
107
113

117
111

131
156
70

155
132
72

156
119
77

154 - 1.0
98 - 17.6
+ 7.4

1,056

10,262

17,278 + 68.4

1922

112

72

165

181

173

150 - 13.2

1,324
2,072

9,113

14,898 + 63.5

1922
1922

112
102

154
162

180
163

181
175

+ 4.0
- 19.8

1913
1909-13

120
85

115
79

123

124
97

115 - 7.7
- 8.2

45.29
34.27

1921
1920

97.7
61.6

1920
1920

405,874 15,430,432 17,290,979 + 12.1
971,514 1,017,829 + 4.8
115,858

- .3.6
98.0 119.3 117.9 113.6
62.6 73.8 73.1 i9.0 65.0 - 5.9

Wooden Furniture.
Shipments
Unfilled orders

dolls., average per firm..
dolls., average per firm..

Flooring
Oak flooring:
Production
M ft. b. m..
Shipments
Mft. b. m..
Orders booked
M ft. b. m..
Stocks, end of month
M ft. b. m..
Unfilled orders, end of month.-M ft. b. m..
Maple flooring:
Production
M ft. b. m.
Shipments.
M ft. b. m.
Orders booked
M ft. b. m.
Stocks, end of month
M ft. b. m.
Unfilled orders, end of month.. M ft. b. m..

35,328
54,496

33,547
59,961

25,290
45,394

34,342
28,067
15,081
33,793
38,530

30,489
22,501
17,924
40,708
32,000

24,082
24,261
21,340
20,712
35,637

10,509
11,033
4,987
18,867
28,265

10,590
10,515
5,671

10,434
12,956
11,078
24,528 |
25,076 j

21,715

100
42

43

- 5.0
47 + 10.0

146,294
154,500
159,519

214,303 + 46.5
198,802 + 28.7
184,216 + 15.5

1913
1913
1913
1913
1913

352
477
401
225
530

361
404
350
230
492

460
534
414
264
791

514
467
247
375
531

457
374
294
452
441

71,498
78,438
84,285

82,175 + 14.9
89,680 + 14.3
88,451 + 4.9

1919
1919
1919
1919
1919

120
120
95
180

104
109
78
159
65

114
128
77
123
96

105
93
35
122
74

105
89
40
122
57

1919
1919
1919
1919
1919

95
90
111
112
61

93
91
114
108
72

127
129
114
130
129

133
131
114
103
115

126
119
117
90

118 - 5.9
114 - 4.6
120 + 2.5
+ 3.1
90 - 9.6

103
101

119
128
101

109
115

103 - 5 . 0
104 - 9.2
99 - 0.1

! - 10.2
|- 19.8
+ 18.9
I+ 20.5
- 16.9
+
+
-

0.8
4.7
13.7
0.2
23.2

Brick.
Clay fire brick (computed):
Production
thousands.,
Shipments
thousands..
Stocks, end of month
thousands..
New orders
thousands.
Unfilled orders
thousands.
Silica brick (computed):
Production
thousands..
Shipments
thousands.
Stocks, end of month
thousands..
Face brick (32 identical plants):
Production
thousands.
Stocks, in sheds and kilns
thousands.
Unfilled orders
thousands.
Shipments
thousands.
Prices:
Common red, New York.dolls, per thous.
Common salmon, Chicago.dolls, per thous.

60,321
162,404
46,244
93,274

60,085
57,569
166,493
47,659
84,308

47,266
45,851
158,236
55,681
67,557

291,303
274,239

443,170 + 52.1
430,880 + 57.1

320,639

444,979 + 38.8

15,264
16,056
41,504

14,499
14,581
41,450

11,332
12,533
37,572

67,337
67,744

106,073 + 57.5
109,498 + 61.6

1919
1919
1919

82
76
93

81
89
90

24,640
58,875
54,128
24,563

25,494
67,787
51,826
23,767

21,922
49,959
40,434
23,379

144,135 !

158,871 + 10.2

159,305 + 15.0

183
176
151
207

140
147
147
167

150
192
245

138,565

1919
1919
1919
9 1920

167
179
208
211

157
173
197
176

163
199
188
170

20.30
8.71

21.00
8.65

20.15
9.16

1913
1913

307
178

307
186

305
178

305
178

176

320 + 3.4
0.7
175

12,382
13,307
9,168

12,620
13,712
8,076

147 151
187
182
75
96

148
175
102

168
193
90

161
180
82

164
186
72

+
+
-

3.5
15.1
4.3
3.2

Cement.
Production
Shipments
Stocks, end of month




thous. of bbls.
thous. of bbls.
thous. of bbls.

9

11,557 |
13,850 j
8,433 I.

58,475 i
61,879 |

74,940 + 28.2
75,938 \+ 22.7

1913
1913
1913

Relative ten months' average, March to December, inclusive.

I

+ 1.9
;+ 3.0
- 11.9

33
TREND OF BUSINESS MOVEMENTS—Continued.
NOTE.—Items marked with an asterisk (•)
have not been published previously in the
SURVEY or are repeated for special reasons;
detailed tables covering back figures for these
items will be found at the end of this bulletin.
For detailed tables covering other items, see
the last quarterly issue of the SURVEY (NO.
24).

In many cases August figures are now
available and may be found in the special
table on page 19.

NUMERICAL DATA.

June,
1928

July,
1923

(+)

CUMULATIVE TOTAL
THROUGH
LATEST MONTH.

Corresponding
month,
June or
July,
1922.

INDEX NUMBERS.

Percentage
increase

1922

ordecumulative
1923
from
1922.

1923

1922

BASE
YEAR
OR
PERIOD.

Per
centage
increase

1923

(+)

or decrease
June. July.

July
from
June.

Apr. May. June. July.

BUILDING AND CONSTRUCTION—Con.
Cement—Continued.
Price, Portland (f. o. b . Buffington,
Ind.)
dolls, per bbls..
Concrete paving contracts:
Total
thous. of sq. yds..
Roads
thous. of sq. yds..

1.75

1.75

1.60

7,675
5,373

6,407
3,242

9,195
6,348

54,752
41,800

number..
number..
number..
number..

74,457
28,411
63,748
278,488

76,479
26,428
64,979
238,731

70,700
29,756
99,235
191,038

number..
number..
number..

94,312
41,440
74,193

94,769
42,973
75,494

number..
number..
number..

101,855
44,331
73,763

56,388
number..
45,865
number..
42,745
number..
number.. 1,0OS, 103

1913

158

158

173

173

173

173

16.4
28.8

1919
1919

174
147

206
185

165
132

212
175

172
156

144 - 16.5
94 - 39.7

479,551

583,310 + 21.6

657,521

683,535 +

4.0

1919
1919
1919
o 1921

238
90
184
434

204
71
142
468

241
81
144
749

254
78
107
701

215
67
91
682

221
63
93
585

+
+
-

2.7
7.0
1.9
14.3

84,077
62,349
111,455

620,452

663,488 +

6.9

849,975

859,393 +

1.1

1919
1919
1919

224
49
221

184
45
151

200
36
186

226
28
133

206
30
101

207
31
103 +

0.5
3.7
1.8

99,473
45,241
75,539

87,492
70,789
123,938

641,746

734,539 + 14.5

877,518

898,648 + 2.4

179
I 197 160
40
;; 66 | 56
!i 189 | 141 151

193
38
118

187
35
84

182 - 2.3
36 + 2.1
86 + 2.4

51,067
45,457
47,597
903,904

40,187
62,981
61,491
486,331

307,929

368,687 + 19.7

417,748

449,023 + 7.5

182
67
148
851

195
60
144
825

199
57
102
780

180
57
114
699

57,231
6,688
30,377
9,933
7,323

53,515
5,212
29,384
10,382
6,643

39,742
3,616
23,960
4,801
1,465

248,295
19,466
140,834
46,246
26,941

393,871
32,096
226,957
60,261
53,938

93
53
125
59
28

147
62
209 i
83 |
55

140
72
183 j
119 !
146

134
98
159
121
138

125
76
153
127
126

370,471
292,149
53,533
24,789

359,636
283,682
52,021
23,934

79

73

87
88
85
70

88
90
90
70

.163
.153

.146
.149

.182
.186

1913
1913

99

102

101
90

1,630
37,836
131,936
28,991
79,034

1,849
33,228
127,763
29,231
72,894

I
1,398
! 25,238
| 115,561
| 23,554
j | 62,807

1919
1919
1919
1921
1921

74
112 108
I ioi 97
92
I 113 108

169,348
393,405

173,124 i| 185,927
391,058 ;j 432,185 i

45,795 29,764 -

0.0

S a n i t a r y Ware.
Baths, enamel:
Orders shipped
Stocks
Orders received
Unfilled orders
Lavatories, enamel:
Orders shipped
Stocks
Orders received
Sinks, enamel:
Orders shipped
Stocks
Orders received
Miscellaneous, enamel:
Orders shipped
Stocks
Orders received
Unfilled orders, small ware

1919
1919
1919
1919
1919
1919
io 1921

| 171 142
j 83 I 79
177
147
376
431

+
-

9.4
0.9
11.4
10.3

H I D E S AND LEATHER.
Hides.
Imports:
Total hides and skins
thous. of lbs..
Calfskins
thous. of lbs..
Cattle hides
thous. of lbs..
Goat skins
thous. of lbs..
Sheep skins
thous. of lbs..
Stocks, end of month:
Total hides and skins
thous. of lbs..
Cattle hides
thous. of lbs..
Calf and kip skins
thous. of lbs..
Sheep and lamb skins
thous. of lbs..
Prices:
Green salted, packer's heavy
native steers
dolls, per l b . .
Caif skins, country No. 1
dolls, per l b . .
Leather.
Production:
Sole leather.. .thous. of bks., bends, sides..
Skivers
doz.,
Oak and union harness... stuffed sides .
Finished sole and belting..thous. of lbs..
Finished upper
thous. of sq. ft..
Stocks, end ol month:
Sole and belting
thous. of lbs..
Upper
thous. of sq. ft..
Stocks, in process of tanning:
Sole and belting
thous. of lbs..
Upper
thous. of sq. ft..
Exports:
Sole
thous. of lbs..
Upper
thous. of sq. ft..




339,052 j
261,069
53,828
24,155

| + 58.6
||+ 64.9
|;+ 61.2
|+ 30.3
1 + 100.2

105
63
138
92
100

1921
1921
1921
1921

1
!

10,228
129,639 |
599,907 !
169,147 |
484,721 I

1909-13
1910-13
1910-13
1909-13
1909-13

11,636
264,966
957,301
200,550
565,979

j'+ 13.8
11+104.4
| + 59-6
|;+ 18.6
|!+ 16.8

79 •

77 I 77
92 j 92
83

i

I 92

83
84
89
73

81

90
89 ; 87
166 j 170 | 162 i
112 | 115 ! Ill i
113 ; 116 i 113
140
142 : 136

- 6.5
- 22.1
I - 3.3
j;+ 4.5
I - 9.3
j—
;jj-

2.9
2.9
2.8
3.4

79 |;-s. 10.4
79 I;- 2.6

99
142
108
114
126

+
+
-

13.4
12.2
3.2
1.0
7.8

;[

1921
1921

103

1921
1921

97

1913
1913

71
91

96 '
102

85 ; 86
93
94

88
93

89 + 2.2

92-0.6

i
111,861
156,773
1,876
6,631
10

112,101 |! 97,549 |
160,555 ' 162,337 |
1,598 ;|
6,466 '

2,210
6,731

11,032;
47,412 <'

10,660
45,674

-

Relative eight months' average, May to December, inclusive

88
99
85

100
101 101
100 i 99 ! 95

101 + 0.2
98 + 2.4

66 j 72 ; 61 - 14.8
41
;
73 - 2.5
83 ' 70 ' 75

34
TREND OF BUSINESS MOVEMENTS—Continued.
NOTE.—Items marked with an asterisk (*)
have not been published previously in the
SURVEY or are repeated for special reasons;
detailed tables covering back figures for these
items will be found at the end of this bulletin.
For detailed tables covering other items, see
the last quarterly issue of the SURVEY ( N O .
£24).
L_i_i_
p In many cases August figures are how
available and may be found in the special
table on page 19.

NUMERICAL DATA.

July,
1923

June,
1923

Corresponding
month,
June or
July,
1922.

CUMULATIVE TOTAL
THROUGH
LATEST MONTH.

1922

I N D E X NUMBERS.

Percentage
(increase

(

v

or decrease
(-)
cumulative
1923
from
1922.

BASE
YEAR
OR
PERIOD.

Percentage
increase

1923

1922

or decrease
June. July.

Apr. May. June. July.

&
from
June.

HIDES AND LEATHER—Continued.
Leather—Continued.
Prices:
Sole, oak, scoured backs, heavy,
Boston
dolls, per lb..
Chrome calf, " B " grades..dolls, per sq. ft..
Leather Products.
Belting sales:
Quantity
thous. of lbs..
Value
thous. of dolls..
Boots and shoes:
Production
thous. of pairs..
Exports
thous. of pairs..
Wholesale prices—
Men's black calf,
blucher
dolls, per pair..
Men's dress welt,
j
tan calf, St. Louis
dolls, per pair..
Women's black kid, Goodyear
welt, St. Louis
dolls, per pair..

.540

.540

.440

.440

.515
.435

443
834

461
877

487
780

2,682
5,378

22,686

179,617
2,988

28,188 i 25,121 i
627 |
681 ;
i
6.50
4.85

I

4.25 i

1913
1913

3,392 + 26.5
6,303 + 17.2

1919
1919

212,984 + 18.6
4,497 -1- 50.5

1919
1913

115
158

115
161

120

120
163

120
163

72

62
61

115
90

112
94

102
81

57

120
163

0.0
0.0

165 +
64 +

4.1
5.2

91 - 10.9
7.9
74

6.50 ;

6.50

1913

209

209

209

209

209

209

0.0

4.85

4.60

1913

145

145

153

153

153

153

0.0

4.25

4.15

1913

138

138

142

142

142

142

0.0

1920
1920
1920
1920

69
74
71
119

78
78
78
114

107
109
103
90

118
122
115

114
112
107
94

104
99
98
96

- 8.9
- 11.2
-9.0
+ 1.8

1909-13
1909-13

130
115

250
73

119
228

47
249

85
58

404

169

DRUGS AND CHEMICALS.
Production:
9,671
14,130
12,874
62,656
98,229 + 56.8
Acetate of lime
thous. of l b s . .
510,489 j 3,452,449 5,255,018 + 52.2
Methanol
galls.. 727,458 645,623
84,390 i 76,774
60,726 ! 385,214 | 596,755 |+ 54.9
Consumption, wood, carbonized
cords..
943,284 |
Stocks, wood, at chemical plants
cords.. 781,595 ! 795,416
Imports:
52,912
19,303
178,056
134,857 — 24.3
Potash
long tons..
17,975
31,307
58,196 i
226,852
605,806 +167.0
25,204
Nitrate of soda
long tons..
i
Exports:
797 !
1,035 | 10,013
387
4,556 . - 54.5
Sulphuric acid
thous. of l b s . .
836 ;
421 I 2,912
466
3,960 + 36.0
Dyes and dyestuffs
thous. of dolls..
57,854 j 555,340
119,423 |
670,376 + 20.7
Total fertilizer
long tons.. 117,465
Price index numbers:
Crude drugs
index number..
Essential oils
index number..
Drugs and
Pharmaceuticals
index number..
Chemicals
weighted index number..
Price, sulphuric acid,
.75 !
.70
.75
66°, N . Y
dolls.per 100lbs..

1909-13
1909-13
1909-13

91 + 7.4
135 +130.9
i

60
63
130 +106.0
148
1,985 2,000 1,611 !,889 + 79.4
95
116 + 1.7
56
101 114

1,194 1,454

64

Aug. 1914
Aug. 1914

115
133

115
130

132
134

132
137

140
139

143 + 2.1
141 + 1.4

Aug. 1914
1913

177
157

178
156

253
180

244
180

231
177

219 - 5 . 2
169 - 4.5

1913

80

71

71

75

75

224

0.0

75

NAVAL STORES.
Turpentine (3 principal ports):
Net receipts
Stocks
Rosin (3 principal ports):
Net receipts
Stocks

barrels..
barrels..

39,014
13,113

40,580
21,285

32,306
16,491

barrels..
barrels..

116,902
215,100

127,098
219,135

308,027

.thous. of lbs.. |
.thous. of lbs.J

2,385
77,935

2,536
48,351

2,298
50,735

.thous. of l b s . . |
.thous. of lbs..;

14,244
14,261

11,616

12,212
14,974

256 I 266 j+ 4.0
42
68 + 62.3

119,005

151,662 + 27.4

1919
1919

205
35

212
53

107
49

493,769

577,740 + 17.0

1919
1919

180
143

176
154

116 j 189
101 ! 105

209
107

227
109

45,664
34,795 - 23.8
413,893 ! 437,426 + 5.7

1913
1913

10
246

8
237

19
301

373

364

226

1913
1913

104
85

101
126

154
152

135
156

118
120

8.7
1.9

FATS AND OILS.
Total vegetable oils:
Exports
Imports
Oleomargarine:
Production
Consumption




5

86,762
95,810
No quotation.

108,985 !|+ 25.6
122,441 ]'+ 27.8

I + 6.3
- 38.0

98 !-

18.6

35
TREND OF BUSINESS MOVEMENTS—Continued.
NOTE.—Items marked with an asterisk (*)
have not been published previously in the
SURVEY or are repeated for special reasons;
detailed tables covering back figures for these
items will be found at the end of this bulletin.
For detailed tables covering other items, see
the last quarterly issue of the SURVEY ( N O .
24).

In many cases August figures are now
available and may be found in the special
table on page 19.

NUMERICAL DATA.

June,
1923

Corresponding
month,
June or
July,
1922.

July,
1923

Per
centage
increase

(+)

CUMULATIVE TOTAL
THROUGH
LATEST MONTH.

1922

I N D E X NUMBERS.

Percentage
increase

or decrease
(-)

cumulative
1923
from
1922.

1923

BASE
YEAR
OR

1922

1923

( }

t

or decrease

PERIOD.

July
from
June.

June. July. Apr. May. June. July.

F A T S AND OILS—Continued.

Cottonseed.
Cottonseed stocks
Cottonseed oil:
Stocks
Production
Price, New York

tons..

13,768

12,032

13,168

thous. of lbs..
thous. of lbs..
dolls, per lb..

11,733
11,003

5,036
9,266
.102

6,905
7,232
.107

358
110

114
94

52
116

50
150 !

Flaxseed.
Receipts:
Minneapolis
thous. of bushs..
Duluth
thous. of bushs..
Shipments:
Minneapolis
thous. of bushs..
Duluth
thous. of bushs..
Stocks:
Minneapolis
thous. of bushs..
Duluth
thous. of bushs..
Linseed oil:
Shipments from Minneapolis.thous. of lbs..
Linseed-oil cake:
Shipments from Minneapolis.thous. of lbs..
FOODSTUFFS.

.113

474
542
54
378
140
290
7,431

1919
1919
318,791 '

388,666

21.9

1913

1,591
669
543
741

13
7
154

25

12

7

37

18

10

147

162

161

156

7

5 - 57.1
8 j - 15.8
140 9.7

+ 72.9

1913
1913

38 - 24.5
11 !!- 79.7

15.5

1913

33

1,128 + 52.2

1913

-

1913

- 62.1
+ 18.3

459

-

12

- 3 . 7

1913

6,129 |
I

5,795

i
12,905 !|

4,248

12.6

1,199 + 79.2

2,751

53
343

12,534

1919

-

13

69.3

48,424 j

58,601

+ 21.0

1913

38

40

56,850 i

97,520 + 71.5

1913

14

43 I + 3.0

-

17.5

Wheat.
Production, monthly estimate: J>
Winter
thous. of bushs..
Spring
thous. of bushs..
Total
thous. of bushs..
Exports, including flour
thous. of bushs..
Visible supply
thous. of bushs..
Receipts, principal markets...thous. of bushs..
Shipments,prin. markets
thous. of bushs..
Wheat flour:
Production
thous. of bbls..
Consumption
thous. of bbls..
Stocks
thous. of bbls..
Prices:
No. 1, northern, Chicago, .dolls, per bush..
No. 2, red winter, Chicago-dolls, per bush..
Flour, standard patents,
Minneapolis
dolls, per bbl..
Flour, winter straights,
Kansas City
dolls, per bbl..

129
92
116
108
103
58
78

129
90
115

568,386

568,000

541,809

1909-13

123

123 ! 131

224,990

221,000

276,665

1909-13

107

113

793,376

789.000

818,474

1909-13

117

119

12,881

12,822

19,098

1913

153

160

52,912

45,084

40,513

1913

95

79

231

18,220

33,804

39,534

165,609

171,646

1919

67

126

70

53

15,476

17,586

21,612

116,703

111,117 - 4 . 8

1919

110

108 |i 63

111

8,136
7,368
5,500

52,418

56,476

1914

84

106

92

93

48,203

50,908

1919

90

97

103

107

86
93

1919

58

75

79

72

73

137

142

137

131

117

134

131

121
121

111 - 8 . 0
103 - 15.0

170

152

147

137

131 -

3.8

162

149

148

138

126 -

8.9

106

114
31
28
121
132
97

137 + 2.1

8,331
7,618
6,900

102,153 |

85,735

+

16.1
3.6

1.105
1.189

1.017

1.292
1.152

1913

1.011

6.263

6.025

7.788

1913

1913

133
96

119

120
121
148

108

j
-0.5

88 - 1 4 . 8
107 + 85.5
88 + 13.6

118
164

5.325

4.850

6.235

1913
167

Corn.
Production, monthly est.1*.. ..mills, of bushs.
Exports, including meal
.thous. of bushs.
Visible supply
.thous. of bushs.
Receipts, principal markets.. .thous. of bushs.
Shipments, prin. markets — .thous. of bushs.
Grindings (starch, glucose).. .thous. of bushs.
Prices, contract grades,
No. 2, Chicago
.dolls, per bush..
Other Grains.
Oats:
Production, monthly est.12 .mills, of bushs..
Receipts, prin. markets.. .thous. of bushs..
Visible supply
thous. of bushs..
Exports, including meal. .thous. of bushs..
11
Index number less than U

1,316
14,139
8,523
641

2,982

3,076

2,875

2,123

1,329

14,395

4,269

2,346

22,304

14,212

18,184

25,975

240,229

11,102

11,661

26,009

166,308

5,279

4,080

5,294

37,343

.857

.643

1,312

1,255

16,130

16,811

5,710

36,667

856

4,631

120,950

38,488 -

68.2

155,102 108,368 -

35.4
34.8
37,525 + 0.5

1919

208

173

113

71

1919

220

294

161

183

1913

127

126

126

145

110
50
51
95
126
126

103

127

130

134

111

111

111

113

85

81

82

65

245

211

126

78

153

39

35

116
68
49
21

1909-13

111

106

1913

280

341

133

127

1913

393

265

291

102

1913

112,865
20,601

117,816 + 4.4
6,078 - 70.5

1909-13
1913
1913
1913

IJ

- 37.4
- 45.0
+ 27.9

+ 5.0
- 22.7

116

78 + 14.1
33 - 33.0
28 + 33.fi

w Estimated as of first of second month following month stated; i. e., figures in July column refer to Sept. 1 estimate, and June column to Aug. 1 estimate.




36
TREND OF BUSINESS MOVEMENTS—Continued.
NUMERICAL DATA.

NOTE.—Items marked with an asterisk (*)
have not been published previously in the
SURVEY or are repeated for special reasons;
detailed tables covering back figures for these
items will be found at the end of this bulletin.
For detailed tables covering other items, see
the last quarterly issue of the SURVEY (NO.
24).

June,
1923

In many case* August figures are now
available and may be found in the special
table on page 19.

Corresponding
month,
June or
July,
1922.

July,
1923

(

CUMULATIVE TOTAL
THROUGH
LATEST MONTH.

-y

or decrease

(-)

1922

INDEX NUMBERS.

Percentage
increase

1923

BASE
YEAR
OR
PERIOD.

cumulative
1923
from
1922.

1922

Percentage
increase

1923

(+)

or decrease
J u n e . July.

July
from
June.

Apr. May. June. July.

FOODSTUFFS—Continued.
Other Grains—Continued.
Oats—Continued.
Prices, contract grades,
Chicago
dolls, per bush..
.439
Barley:
Productionjmonthlyest.^.thous. of bushs.. 202,032
2,162
Receipts, prin. markets.. .thous. of bushs..
362
Exports
thous. of bushs..
Price, fair to good, malting,
Chicago
dolls, per bush..
.643
Rye:
64,800
Production,monthly est.1*.thous. of bushs..
2,542
Receipts, prin. markets.. .thous. of bushs.. j
3,886
Exports, including flour, .thous. of bushs -. I
.687
Price, No. 2, Chicago
dolls, per bush, j
Total G r a i n s .

.422

.371

199,000
2,018

193,850
2,283
2,519

816

.653 j

1913

18,280
7,411

18,221 - 0.3
5,115 - 30.0

.641

64,800 ;| 2 79,623
1,430 !
1,458 ;|
2,795 |
3,352 :
.858
. 6 4 7 ii

15,345 j
20,532 I

26,014 + 69.5
24,914 + 21.3

124

120

117

112 - 3.9

1909-13
1913
1913

105 i 107
36 i 25
79 ; 172

108
28
48

109
20
25

111
24
25

109
22-6.7
56 +125.4

1913

97 ; 103

107

108

103

104 + 1.6

1909-13
1913
1913
1913

228 • 228
197
141 111
311
185
,215 1,803 1,436 |2,993
139 ! 135 134 122

1909-13
1913
1919

113
208
102

t

\

Total production, estimate 12 . .mills, of bushs..
Total grain exports, incl. flour .thous. of bushs.. |
Car loadings of grain and grain products..cars..
Argentine G r a i n .
j
Shipments:
Wheat
thous. of bushs..
Corn
thous. of bushs..!
Oats
thous. of bushs..
Flaxseed
thous. of bushs..
Visible supply:
Wheat
thous. of bushs..
Corn
thous. of bushs..
Flaxseed
thous. of bushs..

1=

| 186 186 j
I 196 113 - 42.6
2,507 2,163 - 13.7
i 108 10? i - 5.8

5,358
19,893
34,650

5,4-11
125,222
19,175 '! 43,438 |
43,512 ! 50,227

14,163
18,205
1,619
3,027

15,609
1,272
3,359 j

13,265
8,001
1,290
5,380

271,647
307,744

160,330 - 41.0
279,480 - 9 . 2

!

110
209
129

110

111
124

113
96

115 ;
92 j - 3.6
112 j + 25.6

1913
1913
1913
1913

112 !

206
17
25 27
161 188

194
62
36
131

164
115
32
91

104
99
25
101

1914
1914
1914

143 j 129 329
92 j 69 i 92
220 I 220 659

229

143
229
302

186 jj+ 29.7
229 j| 0.0
275 I L 9.1

2,695 - 27.7
419,351 - 9.1

1909-13
1919
1919

162
3
44

87
116

138
22
92

30
57

17

|- •

56

- 0 . 8

167,509 + 5.8

1919

53

124

80

52

64

+ 24.3

1919
1919
1919

63
15
105

194
52
106

144
18
112

119
68
84

92

47,583 + 27.6
249,081
12.3

-22.9
+ 5.2
+ 48.0

1909-13
1919
1919
1919
1919
1919

117
3
35
122
75
45

106
107
133
62
40
22
145
101
77 | 144
185 180

106
16
7
132
39
129

1909-13
1919
1922

141
50
66

126
54

123
50
12

111,864 ! 106,009 Ij- 5.2
65,995 jl+ 47.9
44,608
16,515
21,574 + 30.6
22,888
37,525 !+ 64.0

158 ; 154
43 I 51

55 I

j

3,328
2,400
1,600

3,700
8,000 !
2,200 j

8,000
2,000

32,900
185 j
34,837

32,600
104
34,558

38,810
3,728
21 i
461,310
26,755

13,152

16,345

96,588
9,322
26,281

74,448
9,817
38,887

13,592 J 158,259
|
51,519 |
37,286
2,052
284,046
32,979

187,501
277
468
19,849
683
6,978

190,000
45
3,154
15,853
1,396
4,887

206,567
56
2,387
18,381
1,298
2,421

81,300 | 81,900
60,248
67,006
97,566
52,347

4,810 j

172 j
440 I

; - 36.9
j - 14.3
11- 21.4
j!+ 11.0

|j

Other Crops.
Rice:
Production,monthlyest. 12 .thous. of bushs..
Receipts at mills
thous. of bbls..
Shipments, total from mills, .thous. of lbs..
Shipments, through New
Orleans
thous. of lbs..
Stocks, end of month—Domestic,
at mills and dealers
thous. of lbs..
Imports
thous. of lbs..
Exports
thous. of lbs..
Apples:
Production,monthly est. 12 .thous. of bushs..
Cold-storage holdings
thous. of bbls..
Car-lot shipments
carloads..
Potatoes, car-lot shipments
carloads..
Onions, car-lot shipments
carloads..
Citrus fruit, car-lot shipments
carloads..
Hay:
Production, mo. est.1*. thous. of short tons..
Receipts, 11 markets
tons..
Sweet corn, stocks Iowa-Nebraska
cases..

18,312
132,991
11,158
44,650

27,640
125,000
10,648
62,968

92,886
60,067
519,600

499,083

493,174 - 1 . 2

1,709
669
223
1,002

11,482
4,603
1,834
6,789

!+ 50.9
-6.0
-4.6
I+ 41.0

125
54
17

136

72
124

108
3
46
106
80
91

-83.8
+573.9
- 20.1
+104.7
- 30.0

124

7

+ 11.3
- 46.4

93

+ 16.1

56

Cattle a n d Beef.
il

Cattle movement, primary markets:
Receipts
thousands..
Shipments, total
thousands..
Shipments, stocker and feeder.thousands..
Slaughter
thousands..

1,636 !
643 |
236 !

1,900
744
223
1,104

11,910
4,545
1,681
7,266

+
+

3.7
1.3
8.3
7.0

1919
1919
1919
1919

81
64
53
95

103

83 + 15.7
51 - 5.5
97 + 10.8

u Estimated as of first of second month following month stated, i. e., figures in July column refer to Sept. 1 estimate and in June column to Aug. 1 estimate




TREND OF BUSINESS MOVEMENTS—Continued.
1

NOTE.—Items marked with an asterisk (*)
have not been published previously in the
SURVEY or are repeated for special reasons;
detailed tables covering back figures for these
items will be found at the end of this bulletin.
For detailed tables covering other items, sec
the last quarterly issue of the SURVEY (NO.
24).

I centage
Pe,

NUMERICAL DATA.

INDEX NUMBERS.
1

increase

June.
1923

In many cases August figures are now
available and may be found in the special
table on page 19,

July,
1923

Corresponding
month,
June or
j July,
1922.

(+)

CUMULATIVE TOTAL
THROUGH
LATEST MONTH.

or decrease
cumulative

1922

1923

1922

BASE
YEAR
OR
PERIOD.

1923

Per
centage
increase
or decrease

i 1923

(-)
July
from

June July. Apr. May. June July.

I from
j 1922.

June.

FOODSTUFFS—Continued.
Cattle and Beef—Continued.
Beef products:
Inspected slaughter produc. .thous. of lbs.
418, 281
Apparent consumption
thous. of lbs.
411,126
Exports
thous. of lbs.
14,941
Cold-storage holdings
(1st of following month).. .thous. of lbs.
57,220
Prices, Chicago:
Cattle, corn-fed
dolls, per 100 lbs.
10.31
Beef, fresh native steers .dolls, per 100 lbs. | 15.10
Beef, steer rounds, No. 2.dolls, per 100 lbs.
16.30

i

407,330
400,152
15,281

407,182
404,082
14,229
46,091

2,753,845
2,699,596
107,376

1 125 : 119

1913
1919
1913

2,873,059 + 4.3
2,849,245 + 5.5
94,062 - 12.4

47,030

119

129

122

91

99

92

90

89

100

110

104

20

33

27

24

19

- 19.4

104

114

106

112

121

124

112

114

112

112

117

122

123

130

111

112

125

141

+ 2.7
+ 4.6
+ 13.5

101

80

116

121

113

112

-

93

86

117

121

118

125

+ 5.8

76

41

101

45

76

115

89
121

84

106

111

105

- 46.0
- 5.8

1 94

1919

146

89
112

21

119

-

1.7
4.8

j
1

10.59
15.80
18.50 !

9.70
14.80
17.00

1913
1913
1913

Hogs a n d Pork.
Hog movement, primary markets:
Receipts
thousands.
4,177
4,209
1,491
Shipments, total
thousands.
1,409
Shipments, stocker and feeder.thousands. ;
34
63
2,652
Slaughter
thousands. 1 2,815
Pork products:
Inspected slaughter produc. .thous. of lbs.
705,586
751,609
Apparent consumption
thous. of lbs.
591,878
582,431
Exports
thous. of lbs.
141,665
131,708
Cold-storage holdings (1st of
following month)
thous. of lbs. 1,032,401 1,004,444
Prices:
7.21
Hogs, heavy, Chicago.. .dolls, per 100 lbs.
6.95
Pork, loins, fresh,
Chicago
dolls, per 100 lbs. ; 16.00
19.50

2,980
1,025

24,862
8,650

31

377

1,940

16,206

31,950 + 28.5
10,995 + 27.1
439 + 16.4
20,911 + 29.0

568,898
470,575
133,426

4,299,937
3,103,558
832,942

5,450,514 + 26.8
3,921,137 + 26.3
l,14S,014 ;'+ 37.8

1919
1919
1919
1919
1913
1919
1913

149

117

156

167

153
171

153

178

217

208

146
211

146

163

200

201

161

173

+ 1.6
+ 7.6

826,535

1919

94

91

112

109

113

110

- 2 . 7

10.09

1913

122

121

95

89

83

86

+ 3.7

23.80

1913

135

160

103

130

108

131

+ 21.9

i

-

0.8

6.1

Sheep a n d M u t t o n .
Sheep movement, primary markets:
Receipts
thousands.
Shipments, total
thousands.
Shipments, stocker and feeder.thousands.
Slaughter
thousands.
Lamb and mutton:
Inspected slaughter produc. thous. of lbs.
Cold-storage holdings
(1st of following month)... thous. of lbs.
Prices:
Sheep, ewes, Chicago
dolls, per 100 lbs.
Sheep, lambs, Chicago...dolls, per 100 lbs.

1

1,452

1,661

1,677

639

710

717

33

35

88

91

14
81

84

20
78

89

+ 14.4
+ 11.1
+ 60.7
+ 14.6

1913

70

65

72

72

64

67

+ 4.4

1919

44

39

69

53

42

35

- 17.2

1913
1913

100
147

117

161

132

+ 4.9

168

169

103
190

108

163

179

-

1919
1919

108
41

87
17

89
20

98

121

34

29

44

+ 24.0
+ 53.7

1919

82

84

63

68

84

84

+ 0.8

1919

52

46

112

86

74

62

- 16.0

100,069 - 21.7
i

1919

22

12

26

23

16

16

+

- 0.9
127,160 I + 7.9
12,533 - 1.8

1919
1919
1919

203

202

106

142

197

140

147

101

117

156

162

131

188

243

174

120

183

6

18

111

89

125

99

275

38
101

47

266

214

277

10,786
1919
4,863 - 4 . 9
1919
1,057 - 6.6
1919
;
5,906 + 0.5 : 1919

117

188

817

936

204
956

10,996
5,111
1,132
5,875

33,676

35,163

34,033

234,910

3,556

2,946

3,308

4.813
14.781

5.050
13.975

5.475
12.735

16,931
17,779

20,991
27,321

18,738
25,620

116,457

thous. of lbs.

16,562

16,696

16,709

109,728

thous. of lbs.

49,100

41,262

30,659

11,189

11,569

8,823

127,783

90,415
25,421
2,072

75,692
25,312
1,338

92,829
23,940
1,561

423,065
117,851
12,766

419,330 i

260,862

+ 11.0

1

75

74

64

59

48

79
75

64

64

53

73
59

37

33

5.5

Fish.
Total catch, prin. fishing ports..thous. of lbs.
Cold-storage holdings, 15th of mo. thous. of lbs.

103,484

- 11.1
!

91

Poultry.
Receipts at 5 markets
Cold-storage holdings
(1st of following month)

143,604

+ 30.9

Dairy Products.
Condensed and evaporated milk:
Exports
thous. of lbs.
Receipts at 5 markets:
Butter
thous. of lbs.
Cheese
thous. of lbs.
Eggs
thous. of cases..
Cold-storage holdings (1st of following mo.):
Creamery butter
thous. of lbs..
American cheese
thous. of lbs..
Case eggs
thous. of cases..




3.4

165 - 16.3
155 I - 0 . 4
113 - 35.4
I

62,768
36,834
10,222

101,714
55,768
10,503

103,329
46,287
10,161

1916-20
1916-20
1916-20

180 1+ 62.0
150 + 51.4
285 + 2.7

38
TREND OF BUSINESS MOVEMENTS—Continued.
NOTE.—Items marked with an asterisk (*)
have not been published previously in the
SURVEY or are repeated for specialreasons;
detailed tables covering back figures for these
items will be found at the end of this bulletin.
For detailed tables covering other items, see
the last quarterly issue of the SURVEY ( N O .
24).

In many cases August figures are now
available and may be found in the special
table on page 19,

NUMERICAL DATA.

June,
1923

Corresponding
month,
June or
July,
1922.

July,
1923

I N D E X NUMBERS.

Percentage
increase

{

CUMULATIVE TOTAL
THROUGH
LATEST MONTH.

v

or decrease

BASE
YEAR
OR
PERIOD.

1922

Percentage
increase

1923

(+)

or decrease
(-)
July
from
June.

(-)

1922

1923

cumulative
1923
from
1922.

June.; July. Apr.

May.

June.| July.

FOODSTUFFS—Continued.
Dairy Products—Continued.
Wholesale prices at 5 markets:
Butter
dolls, per lb..
Cheese
dolls, per lb..
Fluid milk:
ReceiptsBoston (includ. cream)..thous. of qts..
Greater New York
thous. of cans..
Production—Minneapolis
thous. of qts..
Sugar.
Raw:
Imports
long tons..
Meltings, Sports
long tons.,
Stocks at refineries,
end of month
long tons..
Refined, exports
long tons..
Cane, domesticReceipts at New Orleans
long tons..
Prices:
TYholesale, 96° centrif., N. Y.dolls, per lb.,
Wholesale, refined, N. Y
dolls, pcrlb..
Retail, average 51 cities
index number..
Cuban movement:
Receipts at Cuban ports
long tons.
Exports
long tons..
Stocks
long tons.

.403

.397

.238

.234 ii

.367
.200

16,603
3,562
18,630 |

16,377
2,412
13,509

17,906 |
2,746 !
20,963

310,712
396,265

|j

214,462 j 451,011
259,654
530,334

293,023 i 228,840 j 309,413
31,669 j
3,181 ! 88,887
585

1,076

.074 i
.092

.069
.085

2,609

1919
1919

108,792 j+ 2.9
17,622 + 12.3
127,889 j+ 26.8

1919
1913
1919

129
165
224

125
161

3,166,402 2,348,848 | - 25.8
3,414,359 2,721,017 ! - 20.3

1913
1919

264
164

257
163

105,685 I
15,689
100,870

754,665

183,641 i | - 75.7

1919
1909-13

18,911

39,353 +108.1

1913
1913
1913
1913

.052
.066

180,755
90,088
294,169
272,957
154,726 ; 526,849
590,209 : 523,687 , 650,164

-

3,480,903
2,977,830

3,205,101 ' - 7.9
2,719,627 j - 8.7

1919
1919
1919

113
154
254

137
184
293

7.3
127 238 + 29.7
261 — 11.1

223

177
122

122 j | - 31.0
80 l | - 34.5

I 150

290 324 I 343
5,560 3,010 1,332
13

104
166
131

307 240 | - 21.9
1,072 ! 108 j j - 90.0
i
ji
4 j

16

147
j 131
| 137
154
II 129 138
89
162
101

223
215
193

227
220
204

171
142
117

99
123
104

7 |;+ 83.9

!!
213 I 198 !— 6.7
215 I 199 i - 7.6
202 | 191 — 5.4
55 '
84
92 !

27 - 50.2
48 - 43.3
81 I - 11.3

!

Coffee.
Imports
Visible supply (1st of following
World
United States
Receipts, total, Brazil
Clearances:
Total, Brazil, for world
Total, Brazil, for U. S

thous. of lbs.
mo.):
thous. of bags.
thous. of bags.
thous. of bags.

71,140 ; 69,541
|

90,591

5,297 ! 5,524
860 '
798
577 | 1,031

8,600

730,531

768,629 +

5.2

1909-13

126

120

151

5,667

4,795 — 15.4

732
325

6,647
2,956

6,416 - 3 . 5
3,338 + 12.9

1913
1913

_,
657

thous. of bags.
thous. of bags.

717
309

thous. of lbs.

6,710

9,609 !

7,208

42,415

44,369

591
5,836

589 j
5,840

586
5,247

3,691
29,070

3,930 + 6.5
36,958 + 27.1

35,449

245,695

773
339

\:

I ^

120
94

1913
1913
1913

1.5
1.7

92
47
42
108

- 2.2
! + 4.3
I - 7.2
+ 78.7

52
55
27

46
44
31

45 !

74

69
54

69
91

72 |
79 I

66

81 I 117 + 43.2

45
60

78 ! + 7.8
86 | + 9.7

Tea.
Imports

+

4.6

1909-13

65

87

52

1913
1913

409

93
405

84
363

1913

103

TOBACCO.
Consumption (tax-paid withdrawals):
Large cigars
millions.
Small cigarettes
millions.
Manufactured tobacco and
snuff
thous. of lbs.
Exports:
Unmanufactured leaf
thous. of lbs.
Cigarettes
millions.
Sales at loose-leaf warehouses
thous. of lbs.
Price, wholesale, Burley good leaf,
dark red, Louisville
dolls, per 100 lbs.

35,847

33,637

246,052 +

0.1

92

98

94
450

93 451 +

0.2
0.1

97

91 j -

6.2

11

51,762
1,024
349

46,866
1,308
247

32,319
700
1,953

27.80

28.00

27.50

2,096
1,408
463
13,750
276

2,338
1,556
401
14,389
278

1,211
482
367
10,235
226

233,725
6,485
183,562

268,197 + 14.7
7,127 + 9.9
120,603 - 34.3

1909-13
1913
1919

95
610
1

103
362
2

129
550
5

1913

208

208

208

1915
1915
1915
1913
1913

240
264
146
81
61

297
264
200
103
61

537
753
278

165
530

149 9.5
677 + 27.7
! - 29.2

208

211

212 +

555
824
249
107
62

515
772
253
138
74

574
853
219
144
75

0.7

TRANSPORTATION-WATER.
Cargo Traffic.
Panama Canal:
Total cargo traffic
thous. of long
In American vessels... thous. of long
In British vessels
thous. of long
Sault Ste. Marie Canal.. .thous. of short
N«w York State canals., thous. of short




tons.
tons.
tons.
tons.
tons.

11

6,999
3,269
2,092
22,257
610

13,980
8,741
3,002
38,784
785

Index number less than 1.

+ 99.7
+167.4
+ 43.5
+ 74.3
+ 28.7

+ 11.5
| + 10.5
j — 13.4
| + 4.6
+ 0.7

39
TREND OF BUSINESS MOVEMENTS—Continued.
NOTE.—Items marked with an asterisk (*)
have not been published previously in the
SURVEY or are repeated for special reasons;
detailed tables covering back figures for these
items will be found at the end of this bulletin.
For detailed tables covering other items, see
the last quarterly issue of the SURVEY (NO.
24).
Ir» many cases August figures are now
available and may be found in the special
table on page 19.

NUMERICAL DATA.

June,
1923

July,
1923

Corresponding
month,
June or
July,
1922.

CUMULATIVE TOTAL
THROUGH
LATEST MONTH.

1922

INDEX NUMBERS.

Percentage
increase

1923

Per
centage
increase

( }

t

or decrease
(-)
cumulative
1923
from
1922.

BASE
YEAR
OR
PERIOD.

1922

1923

(+)

or decrease
(-)
July
June. July. Apr. May. June. July. from
June.

TRANSPORTATION—WATER—Con.
Vessels i n Foreign T r a d e .
Entered in United States ports:
Total
thous. of net
American
thous. of net
Foreign
thous. of net
Cleared from United States ports:
Total
thous. of net
American
thous. of net
Foreign
thous. of net

tons..j
tons..
tons.. j
j
tons..
tons..
tons..

5,937
2,620
3,317

2,466 |
4,378

6,622
3,187
3,435

35,042
16,750
18,292

36,890 + 5.3
14,995 - 11.1
21,896 + 19.7

1913
1913
1913

125
222
90

149
271
105

105
165
84

134
217
105

134
223
102

6,124
2,649
3,475

6,960 |
2,612 !
4,348 I

6,339
3,053
3,286

34,926
16,776
18,151

36,588 + 4.8
15,127 - 15.8
22,080 + 21.6

1913
1913
1913

126
210
94

141
244
102

109
163

132
204
104

137 155 + 13.7
212 209 - 1.4
107 ! 134+ 25.1

22.6
22.6

22.3
22.1

6,844 j

154 + 15.3
210 - 5.9
134 4- 32. Q

Index of Ocean F r e i g h t R a t e s .
United States Atlantic t o United Kingdom.weighted index number..
All Europe
weighted index number..

Jan., 1920 27.5
Jan.,1920 25.7

20.2 - 4.7
19.9 - 6.6

21.2
21.3

TRANSPORTATION—RAIL.
Freight Cars.
Surplus (daily av. last week of month):
Box
number..
34,735
Coal
number..
4,269
Total
number..
58,671
Shortage (daily av. last week of month):
Box
number..
2,054
Coal
number..
7,976
Total
number..
11,896
Locomotives in bad order (1st of following
month), per cent to total in use:
Freight
per cent..
20.2
Passenger
per cent..
17.8
Bad order cars, total (1st of following
month)
number.. 190,411
Car loadings (weekly average):
Total
cars.. 1,005,162
Grain and grain products
cars..
34,650
Live stock
cars..
30,210
Coal
cars.. 185,388
77,610
Forest products
cars..
88,314
Ore
cars..
Merchandise and miscellaneous
cars.. 583,368
38,001
Freight carried
mills, of ton-miles..

42
6 |
31 !

67 I + 58.5
9 + 53.3
40 j + 30.3

55,063
6,546
76,453

21,367
131,267
174,927

1919
1919
1919

73
195
179

2,733
4,774
9,570

16,550
6,633
24,973

1919
1919
1919

7
75
20

87
158 j| 420 271
103
146

19.9
19.0

30.0
26.9

1919
1919

84
85

111
102

189,014

345,013

1913

215

229

139 140

126

125 ||- 0.7

989,712
43,512
30,612
185,286
70,368
82,770
562,884
38,513

828,029
50,227
26,723
75,639
55,181
63,528
547,143
29,062

106
102
89
53
110
144
119
106

103
129
81
43
97
170
116

117
98
96
100
135
54
123
140

122
86
95
102
133
165
123
145

125
89
92
105
137
236
123
139

123 ! -

197,395

1919
1919
1919
1919
1919
1919
1919
1913

112 |j+ 25.6
1.3
93
0.1
105
9.3
124
221
6.3
119
3.5
141
1.3

387,343
102,851
541,266
417,011

379,048
107,519
535,814
414,520

299,566
100,694
443,840
341,081

2,166,331
603,731
3,057,969
2,421,386

2,650,007
646,741
3,632,736
2,859,580

87,624
5.47

84,615

69,321
412

418,588

528,339

3,172

3,157

2,891

17,814

2,041
555
222,045

2,041
551
220,099

1,730
490
183,494

263,912 |;+ 33.7

26
174
92

11
190
49

85 I 81 | 75
88 ! 72 I 67

I

33.1
!!- 4o.i
40 - 19.5
14

73 !- 1.5
72 :!+ 6.7

1.5

Railroad Operations.
Revenue:
Freight
thous. of dolls..
Passengers
thous. of dolls..
Total, operating
thous. of dolls..
Operating expenses
thous. of dolls..
Net operating income:
Total
thous. of dolls..
Per cent on tentative valuation.. .per cent..
Receipts per ton-mile
index number..
Pullman passengers carried
thousands..

+ 22.3
|+ 7.1
i+ 18.8
| + 18.1
26.2

19,321 !|+ 8.5

+
-

2.1
4.5
1.0
0.6

1913
1913
1913
1913

j
|
|
!i

188
167 175
186 174
200 188

218
153
205
222

229
156
215
231

219
179
212
229

214
187
210
228

1913
1913
1913
1913

116
127
80
95
j| 174 168
144 140

139
126
154
129

150
123
156
129

146
106
157
153

141 - , 4
96 - 9.4
152 - 0.5

LABOR.
Number employed:
United States (1,428
New York State
Detroit
Wisconsin
Illinois




firms)

thousands..
thousands..
number..
index number..
index number..

w Relative to first quarter

131 131 131
0.0
1921
110
111
131
117 116 115 - 0 . 7
103
1914
103
118
130 125 124 - 0 . 9
102
1920
103
128
109.5 107.3 127.3 123.9 124.4 128.4 + 3.2
1915
May, 1921 114.9 110.1 125.7 126.6

40
TREND OF BUSINESS MOVEMENTS—Continued.
NOTE.—Items marked with an asterisk (*)
have not been published previously in the
SURVEY or are repeated for special reasons;
detailed tables covering back figures for these
items will be found at the end of this bulletin.
For detailed tables covering other items, see
the last quarterly issue of the SURVEY (NO.
24).

In many cases August figures are now
available and may be found in the special
table on page 19.

NUMERICAL ]DATA.
CUMULATIVE TOTAL

June,
1923

Tnlv

j uiy f
1Q9Q

Corresponding
month,
June or
July,
1922.

INDEX NUMBERS.

Percentage
increase

THROUGH
LATEST
MONTH.

(+) j
or decrease '

BASE
YEAR
OR

(-)

cumulative ;
1922

1923

(+)

or decrease

PERIOD.

1923

1923

1922

Percentage
increase

June. July.

from
1922.

Apr. May. June.

July.

U

from
June.

LABORr—Continued.
Total pay roll:
New York State
thous of dolls
Wisconsin
index number
Average weekly earnings:
NPW York Statft
dollars
WisponsiTi
indpx number
Unemployment, Pennsylvania (1st of
following month)
number..
Employment agency operations:
Workers registered
number.
Jobs registered
number..
Workers placed
. .number..
Average applicants per job
number..

15,460

27.85

15,184

1914
« 1915

12,136

27.54

1914

24.77

131915
8,997

(14)

99,210

1921

205

204

219.3 199.9
200

198

200.4 186.3
47

38

257
1.8
261
256 260
269.9 280.1 280.1 267.8 — 4.4
221
223
216
221 — 0.1
212.3 226.5 225.6 208.9 — 7.4
4

4

3

198,524

186,649

259,451

1,345,867

1,160,486

M921

128

118

88

116

98

210,817

169,677

252,106

979,073

1,192,660

2 1921

216

182

172

228

180

161,555

135,884

191,301

776,485

2 1921

202

169

152

205

171

.94

1.10

1.03

60

65

51

50

54

58,477

98,581

53,242

220,339

419,390

19,377

20 ; 637

22,279

132, 731

147,781

17,973

22,254

30,834

151,591

101,300

1913

53

30,067

53,069

199,811

166,737

1913

117

18,710

39,898
11,074

9,503

103,997

1913

930

24,945

22,453

17,355

142,658

193,665

14,961

12,245

94,748

121,737

1913

11,612

7,492

5,110

46,910

+ 35.8
+ 28.5
71,928 + 53.3

1913

13,333

1913

261

25,785

23,919

21,001

138,211

165,093

14,002

12,557

82,667

95,713

1913

6,485

5,745

4,901

31,799

+
+
41,357 +
10,692 +
17,331 +

1913

14,912

- 13.8
+ 21.8
895,900 + 15.4

2

1921

(«)

- 6.0
- 19.5
144 - 15.9
64 -f 17.0
92

145

I M M I G R A T I O N AND E M I G R A T I O N .
Immigration:
Total
U. S. citizens
Emigration:
Total
U. S. citizens
Passports issued

number..
number..
number..
. number..
number..

+ 90.3
-f 11.3

- 33.2
- 16.6
91,861 - 11.7

+ 68.6
+ 6.5

1913

30

45

55

56

49

82

1913

78

91

100

86

79

84

60

27

32

35

44

176

64

69

486

828

,171

100
958

133
567

174

154

272

260

221

199

- 8 . 2

137

154

241

232

167

188

+ 12.2

154

348

326

351

226

-

265

263

298

322

323

300

- 7 . 2

225

228

253

268

270

254

-

6.0

1913

448

444

530

576

587

520

-

11.4

1913
1913

270
279

287
251

326
278

364
321

380
298

360
284

-

5.4
4.6

1,813 1,455 2,026 2,287 2,382 1,767
241
247
234
257
241
260

-

25.8

+ 23.8
+ 32.7
-

50.8

DISTRIBUTION MOVEMENT.
Mail-order houses:
Total sales
thous. of dolls..
Sears, Roebuck & Co
thous. of dolls..
Montgomery Ward & Co...thous. of dolls..
Ten-cent stores:
Total sales
thous. of dolls..
F. W. Wool worth Co
thous. of dolls..
S. S. Kresge Co
thous. of dolls..
McCrory Stores Corp
thous. of dolls..
S. H. Kress & Co
thous. of dolls..
Chain stores:
J. C. Penney Co..
thous. of dolls..
United Cigar Stores Cothous. of dolls..
A. Schulte, Inc
thous. of dolls..
Owl Drug Co
thous. of dolls..
American Wholesale Corporation,
total sales
thous. of dolls..
Candy sales by manufacturers, .thous. of dolls..
Advertising:
Magazine (for fol'g mo.)
thous. of lines..
Newspaper
thous. of lines..
Postal receipts, total (50 cities) .thous. of dolls..
Internal-revenue taxes collected on
theater admissions .
thous. of dolls..

53.3
19.4
30.1
28.3
13.5

1,711

1,619

1,293

8,332

2,677

2,553

2,250

15,266

5,240

3,888

3,202

22,913

28,628

1913

6,342

5,929

6,100

39,973

41,327

1913

1,655

1,555

1,360

8,721

1,064

955

895

5,883

+ 24.9
+ 3.4
10,558 + 21.1
6,390 + 8.6

35.5

- 6 . 5

1919

193

203

229

239

246

232

- 6 . 0

1913

274

275

261

279

327

294

-

+ 10.7
+ 7.2

1913

135

254

134

125

140

259

+ 18.5

1920

57

55

78

78

+ 27.5
+ 9.5
170,011 + 11.9

1,916

3,537

3,468

16,338

18,089

28,576

25,953

21,791

206,284

221,045

65

10 2

-9.2

- 12.8
- 14.8
115 - 11.6

1,726

1,505

1,243

K 11,795

w 15,038

1913

110

102

185

172

141

98,359

83,757

79,505

620,257

679,452

1919

108

95

130

131

117

23,802

21,046

19,543

151,939

1919

121

106

133

135

129

6,344

5,141

4,621

40,030

1920

77

64

83

91

88

71

- 19.0

22,007

21,959

22,716

1919

90

90

88

88

87

87

— 0.2
0.0

43,461

+

8.6

123

100

PUBLIC FINANCE.
U S interest-bearinc debt
mills
Liberty and Victory Loans and
L War Savines securities
mills
Customs receipts .
.
. thous.
Ordinary receipts
thous.
Ordinary expenditures
thous.
Money held outside U. S. Treasury
and Federal Reserve System:
Total
mills,
Per capita
2
18

of dolls
of dolls
of dolls..
of dolls..
of dolls..

of dolls..
dollars..

15,224

15,218

17,751

50,023

43,225

37,492

246,927

630,981

205,742

204,977

1,999,619

281,404

214,490

218,697

1,753,397

4,730

4,696 i

42.51

42.16

Relative to six months' average, July to December, inclusive.
Relative tofirstquarter.




4,337
39.47

+ 44.3
2,341,828 + 17.1
1,880,887 + 7.3
356,230

1919

88

86

78

74

73

73

1913

146

141

202

197

188

1913

784

340

401

350 1,046

163
341

1913

553

384

531

504

495

1919
1919

89

88

96

96 | -

86

95
91

96

87

92

93

92

- 13.6
- 67.4
377 - 23.8

" Figures discontinued owing to almost complete absence of unemployment.
is Cumulativeforeight months' period.

0. 7

I - 0.8

41
TREND OF BUSINESS MOVEMENTS—Continued.
NOTE.—Items marked with an asterisk (*)
have not been published previously in the
SURVEY or are repeated for special reasons;
detailed tables covering back figures for these
items will be found at the end of this bulletin.
For detailed tables covering other items, see
the last quarterly issue of the SURVEY (NO.
24).

In many cases August figures are now
available and may be found in the special
table on page 19,

N U M E R I C A L DATA.

June,
1923

July,
1923

Corresponding
month,
June or
July,
1Q99

INDEX NUMBERS.

Percentage
increase1

CUMULATIVE TOTAL
THROUGH
LATEST MONTH.

(+)

BASE
or decrease 1 YEAR
(-)
OR
cumuPERIOD.
lative
1923
from
1922.

Per
centage
increase

1923

1922

(+)
crease

1922

1923

June. July.

140,152
115,851

144,191 + 2.9
132,952 + 14.8

1919
1919

108

97

101

102

98

93

107

116

127,778
87,292

128 872 + 0 9
106,066 + 21.5

1913
1913

255

233

228

244

237

211

234

224

261

271

267

256

24

20

33

38

40

39

120

118

79

76

57

46

U

Apr. May. June. July.

from
June.

BANKING AND FINANCE.
Banking.
Debits to individual accounts:
New York City
mills, of dolls..
21,041
18,321
19,713
Outside New York City
mills, of dolls..
19,531
18,184
16,315
Bank clearings:
New York City
mills, of dolls
18,675
16 645
18 337
Outside New York City.... mills, of dolls..
15,377
14,690
12,866
Federal Reserve banks:
775
Bills discounted
mills, of dolls..
761
380
Total investments
mills, of dolls..
339
697
273
2,227
Notes in circulation
mills, of dolls..
2,195
2 127
Total reserves
mills, of dolls..
3,202
3,200
3,181
Total deposits
mills. of dolls..
1,937
1,897
1 888
Reserve ratio
per cent..
76.9
78.2
79.2
Federal Reserve member banks:
Total loans and discounts..mills, of dolls..
11,850
11,716
10,739
Total investments
mills, of dolls..
4,692
4,528
4,450
Net demand deposits
mills, of dolls..
11,104
11,078
11,043
Interest rates:
New York call loans
per cent..
5.05
5 01
3 88
Commercial paper, 60-90 days.. .per cent..
4.98
4.95
3 78
Savings deposits (bal. to credit of depositors):
Total, 11 Fed. Res. dists. 16 thous. of dolls.. ^,469,564 '6,459,082 5,818,494
Boston, 64 banks
thous. of dolls.. 1,188,854 1,192,585 1,102,250
New York, 30 banks, .thous. of dolls.. 1,859,503 1,854,810 1,728,753
Philadelphia, 80 banks thous. of dolls.. 456,510
461,876
423,963
Cleveland, 18 banks.. .thous. of dolls.. 430,919
430,014
377,989
Richmond, 92 banks, .thous. of dolls.. 291,721
289,348
269,238
Atlanta, 97 banks
thous. of dolls.. 188,821
187,310
162,844
Chicago, 209 banks
thous. of dolls.. 867,505
858 076
764 312
St. Louis, 35 banks
thous. of dolls.. 129,907
129 740 114 733
Minneapolis, 15 banks.thous. of dolls..
89,123
88,821
79,165
Kansas City, 58 banks thous. of dolls.. 101,226
91 269
100 113
Dallas, 85 banks
thous, of dolls..
60,548
60,306
52,694
San Francisco,74 banks thous. of dolls.. 934,834
936,123
766,807
U. S. Postal Savings
thous. of dolls.. 131,635
136,124
131,713

! 1919
1
1919
1919
1919
' 1919
1919

103
111

90
104

81

81

85

86

85

84

144

145

145

146

146

146

100

97

99

101

100

98

154

158

153

152

153

156

- 12.9
-6.9
- 10.9
- 4.5
-1.8
- 19.5
-1.4
- 0.1
- 2.1
+ 2.0
-

1.1
3.5
0.2

-

0.8
0.6

1921

90

90

99

99

99

98

1921

131

132

138

139

139

135

1919

105

104

105

106

105

105

1913
1913

130

122

155

151

159

158

70

65

89

89

86

86

1920
1920
1920
1920
1920
1920
1 1920
i 1920
1921
| 1920
1920
1920
1920
1913

110

110

119

120

122

122

106

106

113

114

115

115

113

113

119

119

121

121

109

109

116

117

117

119

+
-0
+

111

109

121

122

125

125

-

123

119

129

130

129

128

- 0 . 8

111

111

125

126

129

128

- 0 . 8

104

103

112

113

115

114

-

110

109

121

119

124

124

- 0 . 1

110

110

123

123

124

124

- 0 . 3

119

119

m

130

131

130

-

118

118

131

133

135

135

- 0 . 4

114

114

132

135

138

139

347

342

333

331

331

331

+ 0.1
+ 0.1

1913
1913

222

215

251

264

272

243

152

143

250

210

183

160

1913

164

154

250

218

197

174

319

308

369

388

213

401

313

400
285

356

223

i

0.2
0.3
.3
1.2
0.2

1.1

1.1

Life Insurance.
Policies, new:
Ordinary
thous. of policies
Industrial
thous of policies
Group
number of policies
Total insurance
thous of policies
Amount of new insurance:
Ordinary
thous. of dolls..
Industrial
thous. of dolls..
Group
thous. of dolls..
Total insurance
thous. of dolls..
Premium collections: *
Ordinary
thous. of dolls..
Industrial
thous. of dolls..
Group
thous. of dolls..
Total
thous. of dolls..

201

180

159

694

609

542

1 090
4 108

1 282 + 17 6
4,817 + 17 3
589 + 71 2
6 100 i 1 7 A

- 10.4
— 12.2
-29.9
— 11.8

97

68

55

344

895

789

701

5 197

527,995
147,769
51,730
727,493

469,883
132,798
15,534
618,215

405,609
110,423
11,068
527,099

2,750,506
822,186
98,145
3,670,837

3,350,259
1,016,287
174,031
4,540,578

+
+
+
+

21.8
23.6
77.3
23.7

1913
1913
1913
1913

94,354
29,169
1,397
124,920

90,947
28,877
1,556
121,379

81,309
25,717
1,272
108,298

591,971
170,952
9,158
772,079

657,284
195,602
11,059
863,945

+
+
+
+

11.0
14.4
20.8
11.9

1913
1913
1913
1913

1,358
28,678

1 231
35,721

1 753
40,010

15 137
413,726

10 955 — 27 6
295,144 - 28.7

1913
1913

130
168

131
176

114
227

115
181

126

92 - 9.4
157 + 24.6

375,510

187,525

1913

232

120

171

197

254

127 - 50.1

1,164

766

299

285

256

2,298 2,082 3,580 1,075
393

380

393

334

-

11.0
10.1
70.0
15.0

262
255
3.6
257
246 220
1.0
254
271
235
259
239
268 3,716 4,103 5,442 4,484 4,506 5,019 + 11.4
261
261
254 - 2.8
263
226
233
230

Business Finances.
Business failures:
Firms
nninher
Liabilities
thous. of dolls..
Total dividend and interest payments
(for following month)
thous. of dolls..




i Revised.

178,061 5 2,227,247 5 2,399,560 +

6 Cumulative freight months.

7.7

i6 Exclusive of St. Louis district.

102

42
TREND OF BUSINESS MOVEMENTS—Continued.
NOTE.—Items marked with an asterisk (*)
have not been published previously in the
SURVEY or are repeated for special reasons;
detailed tables covering back figures for these
items will be found at the end of this bulletin.
For detailed tables covering other items, see
the last quarterly issue of the SURVEY (NO.
24).

In many cases August figures'are now
available and may be found in the special
table on page 19.

NUMERICAL DATA.

June,
1923

July,
1923

Corresponding
month,
June or
July,
1922.

CUMULATIVE TOTAL
THROUGH
LATEST MONTH.

1922

INDEX NUMBERS.

Percentage
increase

(+)

BASE
YEAR
OR
PERIOD.

or decrease

(-)
cumulative
1923
from
1922.

1923

Percentage
increase

1923

1922

<+)

or decrease

June. July. Apr. May. June. July.

U

June.
from

BANKING AND FINANCE—Continued.
Business Finances—Continued.
Dividend payments (for following mo.):
Total
thous. of dolls.. 100,460
52,910
Indust. and misc. corp
thous. of dolls..
Steam railroads
thous. of dolls..
28,100
8,750
Street railways
thous. of dolls..
New capital issues:
Corporations
thous. of dolls.. 326,711
States and municipalitiesPermanent loans
thous. of dolls.. 168,632
40,765
Temporary loans
thous. of dolls..
Total corporate securities:
New capital
thous. of dolls.. 214,601
Refunding
thous. of dolls..
73,754
Railroads14,045
New capital. /
thous. of dolls..
None
Refunding
thous. of dolls..
Public utilities44,935
New capital
thous. of dolls
42,422
Refunding
thous. of dolls..
Industrials27,765
New capital
thous. of dolls..
Refunding
thous. of dolls..
4,600
Stocks
thous. of dolls..
25,427
Bonds and notes
thous. of dolls.. 262,928
New incorporations
thous. of dolls. 1,403,336
Credit conditions:
Orders
per ct of total transactions
Indebtedness per ct of total transactions
Payments. per ct of total transactions

141

106

134

76
70
85

86
96

111

108
117

168

80

102

1913

240

166

200

664,656 - 22.2
252,349 + 32.6

1913
1913

499

352

48

62

509,164
ISo,132

1,680,672 + 11.4
516,988 + 6.6

1920
1920

119

54

109

74

95

58

289

527

191

164

345

527

23,825
33,702

392,969
108,223

243,700 - 38.0
26,073 - 75.9

1919
1919

776

287

446

435

0)

26

None

27,240
24,709

302,119
121,751

312,333 + 3.4
152,165 + 25.0

1919
1919

538

203

296

370

461

254

369

470

672

356

897

6

35,848
9,144
17,360
216,810
634,259

204,329
56,073
307,212
1,687,083
4,829,306

1919
+ 86.1
+ 34.9 < 1919
+ 55.0 j 1920

226

300

380

162

262

856

970

411

,133

488

70
169

19

132

34

28

137

107

108

166

173

368

584

874

814

477 +
85 24 70 421 -

+
+
+
+

1913
3.0
3.1
1913
2.0 I 1913
4.5 . 1913

77,525
42,675
30,000
1250

74,261
41,500
28,825
3,936

'r)S

232,976

2,104,311

2,370,935 + 12.7

6,2-

120,008
' 4,811

854,411
190,332

130,530 ,
1,600

112, ^K-

16,780
None
24,780

W
5%

300

50,585
800

21,715
110,415
724,920

15 655,688 "675,060
"350,900 1^361,835
« 201,250 "205,230
16 52,695
« 50,488

380,251
75,613
476,251
1,610,450
6,062,965

-

4.6

1920
1913

+ 25.5

1916
1916
1916

144
137

Ill
111

- 22.8
- 19.3

85

114

124

+ 8.9

47

178

87

- 51.4

254

238

173

- 27.4

259

297

495

159

149

64

101

15

- 67.9
- 84.7

202
169
74 None None

88

84

98

102

96

101

117

116

111

110

103

107

- 39.2
- 78.3

+ 19.5

- 44.9

82.2
73.9
14.6
58.0
48.3

Public Utility Earnings.
Telephone earnings:
Total operating revenue.. -thous. of dolls..
Total operating income
thous. of dolls..
Telegraph earnings:
Commercial telegraph tolls .thous. of dolls..
Telegraph and cable operating
revenue
thous. of dolls..
Operating income
thous. of dolls..
Central station sales of electrical
energy—Gross revenue
thous. of dolls..

1913

307

304

246

217

335
275

341

1913

271

335
252

327
224

-

2.2
11.0

55,846

62,409 + 11.8 ! 1919

115

108

116

121

120

113

-

6.2

10,363
1,364

70,840
10,316

76,996 + 8.7
10,940 + 6.0

1919
1919

109

103

128

83

107
92

112
93

112
100

106
70

-

5.0
30.0

81,800

528,200

! 1913

314

313

412

394

395

166

170

195

186

182

176

74

77

76

73

73

70

114

117

114

347

219

291

111
334

100

5.2

1913
1913
1921
1913

293

- 3.2
- 4.7
2.1
98 183 - 37.6

1,235,583 — 17.4
497,250 - 54.8
1,732,833 - 33.2

1919
1919
1919

277

265

248

234

242

173

53

48

25

41

31

26

105

98

77

86

80

- 28.7
- 16.0
60 - 24.9

1915
1915
1915
1915
1915

95

98

91

95

97

89

92
90

92
90

92
90

43,952
9,354

42,999
8,328

39,889
8,055

274,832
60,769

9,147

8,580

8,198

11,265
1,632

10,700
1,142

102,800

304,151 + 10.7
72,378 + 19.1 i

648,800

Stocks a n d Bonds.
Stock prices closing:
25 industrials, average... .dolls, per share..
25 railroads, average
dolls, per share..
103 stocks, average
dolls, per share..
Stock sales, N.Y.StockExch..thous. of shares..
Bond sales:
Miscellaneous . . . .
thous. of dolls
Liberty-Victory
thous. of dolls..
Total
thous. of dolls..
Bond prices:
Hiehest-srade rails D ct of Dar 4% bond
Second-crade rails D ct of Dar 4% bond
Public utilitv
D ct of Dar 4% bond
Industrial
p. ct. of par, 4% bond.
Comb, price index..p.ct.of par, 4% bond.




105.94
60.95
84.61
20,317

102.52
58.07
82.87
12,668

99.06
63.72
99.06
15,149

152,877

172,656
73,474
246,130

123,068
61,747
184,815

188,691
114,284
302,975

1,496,700
1,099,187
2,595,887

82.78
67.70
65.70
71.68
71.40

88.09
73.18
68.47
74.64
75.44

82.73
68.09
66.16
72.35
71.80 i

15

144,984 -

Cumulative for eight months.

|j

92

93

90

90

90

105

108

101

102

103

97

98

93

93

94

+
89 102 93 -

0.1
0.6
0.7
0.9
0.6

43
TREND OF BUSINESS MOVEMENTS—Continued.
NOTE.—Items marked with an asterisk (*)
have not been published previously in the
SURVEY or are repeated for special reasons;
detailed tables covering back figures for these
items will be found at the end of this bulletin.
For detailed tables covering other items, see
the last quarterly issue of the SURVEY (NO.
24).
In many cases August figures are now
available and may be found in the special
table on page 19.

NUMERICAL DATA.

June,

July,

Corresponding
month,
June or
July,
1922.

INDEX NUMBERS.

Percentage
increase

CUMULATIVE TOTAL
THROUGH
LATEST MONTH.

1922

1923

Per
centage
increase

{

V
I! cumu->
or de! crease
(
I lative
I 1923
from
i 1922.

BASE
YEAR
OR
PERIOD.

1923

1922

(+)

or decrease
June. July.

Apr. May. June. July

My
from
June.

BANKING AND FINANCE-Continued.
Stocks and Bonds—Continued.
Bond prices—Continued.
5 Liberty bonds
p. ct. of par.
16 Foreign government and
city
p. ct. of par.
Comb, price index, 67 bonds, .p. ct. of par.
Municipal bond yield
per cent.
Gold and Silver.
Gold:
Domestic receipts at mint fine ounces.
Rand output
thous. of ounces.
Imports
thous. of dolls.
Exports
thous. of dolls.
Silver:
Production
thous. of fine oz.
Imports
thous. of dolls.
Exports
thous. of dolls.
Price at New York
dolls, per fine oz.
Price at London...pence per standard oz.

98.62

98.95

100.84

1921

107

108

106

106

101.27
93.18
4.24

100.52
93.54
4.29

102.24
96.03
4.18

1921
1921
1913

110
111
94

111
112
94

110
110
93

110 | 110 i 109 - 0 . 7
110 109 ! 110 + 0.4
95 ! 96 i + 1.2
95

69,422
755,309
19,434
548

92,535
754,306
27,929
523

92,399
738,635
42,987
644

536,042
3,195
166,000
10,789

1913
1913
1913
1913

52
92
244
21

54 ; 47 I 63
G2 44
!
101 | j 101 107 103 | 103
366 ! 526
810 | 173 869
11
7! 7
8 1 9

5,101
6,440
3,581
.649
31.611

5,406
10,066
6,233
.630
30.923

4,341
6,957
6,269
.702
35.644

29,500
41,850
38,430

1913
1913
1913
1913
1913

86 ! 78
119
212 j 233 119
115 120
83
119
117
112
130
129
117

4.61
.063
.046
.054
.392
.266
.179

4.58
.059
.043
.049
.392
.265
.176

4.45
.082
.046
.078
.388
.259
.191

Par
Par
Par
Par
Par
Par
Par

.491
.310

.488
.308

.478
.289

Par val.
Par val.

.977
.805
.104
.134

.974
.777
.104
.126

.989
.818
.136
.130

Par val.
Par val.
Par val.
Par val.
1913

513,069
5,271
159,861
22,813

-4.3
+ 65.0
I - 3.7
+ 111.4

39,987 ! + 35.5
38,759 | | - 7.4
31,493 j - 18.1

106

92 I
123
149 215
67
68
112 | 109 |
118
115 !

106 +

0.3

+ 33.3
-0.1
+ 43.7
- 4.6

97 I + 6.0
337 + 56.3
119 + 74.1
106 f - 2.9
112 !•- 2.2

FOREIGN EXCHANGE RATES.
Europe:
Englajnd
dolls, per £ sterling.
France
dolls, per franc.
Italy
dolls, per lire.
Belgium
dolls, per franc.
Netherlands
dolls, per guilder.
Sweden
dolls, per krone.
Switzerland
dolls, per franc.
Asia:
Japan
dolls, per yen.
India
dolls, per rupee.
Americas:
Canada
dolls, per Can. doll.
Argentina
dolls, per gold peso.
Brazil
dolls, per milreis.
Chile
dolls, per paper peso.
General index foreign exch
index number.

95
35
25
30
97
99

val.
val.
val.
val.
val.
val.
val.

95 j
- 0.6
33 j
- 6.3
24 |!
-6.5
28 |
- 9.3
98 |
0.0
99 | 99 - 0.4
93 | 91 - 1.7
- 0.6
64 i 63 i - 0.6

59

64 I

70

98 I 98 |
85 ! 83 I
32 |
32
66
69 |
66
65 I 63

- 0.3
-r 3.5
0.0
- 0.6
|- 3.1

U. S. FOREIGN TRADE.
Imports.
By grand divisions:
EuropeTotal
France
Germany
Italy
United Kingdom
North America—
Total
Canada
South America—
Total
Argentina
Asia and Oceania—
Total
Japan
Africa, total
Grand total.




thous. of dolls.
thous. of dolls.
thous. of dolls.
thous. of dolls.
thous. of dolls.

89,655
10,683
12,092
6,999
31,904

83,167
9,813
13,210
5,729
28,171

175,271
9,059
19,606
5,155
127,939

516,757
76,752
61,975
32,400
183,297

695,207
86,450
90,968
52,070
263,657

34.5
12.6
46.8
60.7
43.8

1913
1913
1913
1913
1913

106
87
63
104
120

104
78
63
112
123

147
119
89
159
183

142
106
83
125
194

124
92
79
152
141

115
85
86
124
124

thous. of dolls.
thous. of dolls.

89,609
35,331

77,355
36,038

176,767
133,679

471,593
185,259

637,697 + 35.2
234,856 + 26.8

1913
1913

223
259

237
284

318
306

325
306

276
298

238 - 13.7
304 + 2.0

thous. of dolls.
thous. of dolls.

36,443
12,579

32,136
10,670

129,560
8,234

186,292
42,795

300,948 + 61.5
91,145 +113.0

1913
1913

170
370

179
386

281
706

299
792

221
590

195 !- 11.8
501 — 15.2

thous. of dolls.
thous. of dolls.
thous. of dolls.
thous. of dolls.

99,012
24,111
5,538
320,257

90,582
30,179
4,095
287,335

66,479
20,261
13,695
251,772

458,966
174,486
37,570
1,671,179

1913
1913
1913
1913

306
435
180
174

252
246
185
169

381
321
419
244

407
402
453
249

376
292
280
214

344
365
207
192

676,592
202,614
64,812
2,371,920

i Revised.

+
+
+
+
||+

+
+
+
+

47.4
16.1
72.5
41.9

~
+
-

+
-

7

'2
8.1
9.2
18.1
11.7

8.5
25.2
26.1
11.3

44
TREND OF BUSINESS MOVEMENTS—Continued.
NOTE.—Items marked with an asterisk (*)
have not been published previously in the
SURVEY or are repeated for special reasons;
detailed tables covering back figures for these
items will be found at the end of this bulletin.
For detailed tables covering other items, see
the last quarterly issue of the SURVEY (NO.
24).
In many cases August figures are now
available and may be found in the special
table on page 19.

NUMERICAL DATA.

June,
1923

July,
1923

Corresponding
month,
June or
July,
1922.

I N D E X NUMBERS.

Per-

CUMULATIVE TOTAL
THROUGH
LATEST MONTH.

(+)
or de! crease

I (-)

1922

1923

BASE
YEAR
OR
PERIOD.

"|| cumuli lative
! 1923
! i from
•i 1922.

1922

Percentage
increase

1923

(

-y

or decrease
June. July. Apr. May. June. July. July
from
June.

U. S. FOREIGN TRADE—Continued.
Imports—Continued.
By classes of commodities:
Crude materials for use in
manufacturing
thous. of dolls.. i
Foodstuffs in crude condition
and food animals
thous. of dolls..
Foodstuffs partly or wholly
manufactured
thous. of dolls.. i
Manufactures for further use
•
in manufacturing
thous. of dolls.. I
Manufactures ready for
!
consumption
thous. of dolls.. I
Miscellaneous
thous. of dolls.. !

117,999

107,047

187,366

586,769;

923,889 !!+ 57.5

1913

181

173

24,657

23,783

127,596

189,367;

205,654!+

8.6

1913

142

150 !

53,328

37,582

138,513 1

232,818j

352,096 : + 51.2

1913

226

233

367

363 i 323 228 jj- 29.5

62,422

56,199

i 47,960 ;

279,448 !

449,625 j j + 60.8

1913

168

169

229

260 ! 220 198 ;- 10.0

61,435
1416

62,391
333

149,475 '< 374,969
7,8
862

437,631 !j+ 16.7
6,360 ! j - 18.6

1913
1913

167

144
70

181
87

190 i 179 181 + 1.6
27 - 20.0
40 i 34

140,028
19,729
18,983
13,048
55,164

127,274
16,543
24,935
9,148
45,014

1158,471 1,155,231 1,075,824 - 6.9
121,243 i 139,269
1 3 6 , 6 4 7 ; - 1.9
1
20,215
186,995 ; 1 6 8 , 7 3 3 - 9.8
18,111 '
72,006
85,606 + 18.8
62,346
475,480 : 425,628 - 10.5

1913
1913
1913
1913
1913

149
179
96
182
153

127
166

125
174
90
276 I 220
127! 119

111
160
78
151

99,520
62,467

96,237
59,539

175,622
49,514

484,946
297,547

635,406 ,+ 31.0
388,999 + 30.3

1913
1913

151
143

151
147

183
160

208
197

199 j 192 i - 2.3
186 | 177 | - 4.7

24,656
11,094

23,602
9,604

19,530
7,378

122,122
52,297

158,833 |+ 30.1
68,408 :+ 30.8

1913
1913

171
197

160
161

187
203

184
224

202 i 193 j — 4.3
242 I 210 - 13.4

50,564
16,992
5,287
320,054

50,358
18,220
5,559
303,030

143,253
16,024
4,282
301,157

1913
1913
1913
1913

274
270
250
308 j 364
314
198 j 178 I 295
157
162 145

276
382
201
153

292 ! 291 ! - 0.4
326 ! 350 ! + 7.2
231 + 5.1
219
146 - 5.4
155

68,278

60,560

159,859:

475,500

512,457 jj+

7.8

1913

110

94 i 111

83

21,336

19,509

141,959:

241,714

155,326

-35.8

1913

290

297 i 126

41,543

37,521 i ! 49,225!

349,932 |

334,569 |— 4.4

1913

205

182

49,242

49,318

264,377

327,055 I + 23.7

1913

119

108

129,453 i 109,596 | 745,880 | 869,957 j+ 16.6
190 '
1224 j
3,892 j
3,623 ! - 6.9
303,030 1301,157 ! 2,121,761 j 2,248,675 1+ 6.0

1913
1913
1913

186 | 168 ! 197
18 j 33 | 70
161 ! 148 ! 156

282

287

234

178 157 ;

212 I- 9.3

134 129 j - 3.6

jl

Exports.
By grand divisions:
Europe—
Total
thous. (of dolls.,
France
thous. (of dolls.,
Germany
thous. of
< dolls.,
Italy
thous. (of dolls.,
United Kingdom
thous. (of dolls..
North AmericaTotal
thous. (of dolls.,
Canada
thous. (of dolls..
South AmericaTotal
thous. of dolls.,
Argentina
thous. of dolls..
Asia and Oceania—
Total
thous. of
< dolls.,
Japan
thous. of dolls.,
Africa, total
thous. (of dolls.,
Grand total
thous. of dolls..
By classes of commodities:
Crude materials for use in
manufacturing
thous. (of dolls..
Foodstuffs in crude condition
and food animals
thous. of dolls..
Foodstuffs partly or wholly
manufactured
•.
thous. of
< dolls..
Manufactures for further use
in manufacturing
thous. of
< dolls..
Manufactures ready for
consumption
thous. (of dolls.,
Miscellaneous
thous. of
< dolls.,
Total
thous. of
< dolls..

131,552
288
312,239

135,625 I

327,071; 341,896
131,922
128,688
32,392
36,717
2,121,761 2,255,847

+ 4.5
j — 2.5
+ 13.4
!,+ 6.3

:
j
!
i

112
154
65
199
112

102 - 9.1
129 - 16.1
140 I - 29.9
91 - 18.4

95 -

19.3

184 I

151 138 -

9.6

188

182 |

154 139 -

9.7

151

151 !

149 149 +

0.2

107

1.6
201 ; 202 j 199 45 | 43 28 - 34.1
152 I 153 149 - 3.0

TRADE AND INDUSTRY OF FOREIGN
COUNTRIES.
United Kingdom.
Imports (values):
Total
thous. of £
Food,drink, tobacco, .thous. of £
Raw material
thous. of £
Manufactured articles.thous. of £
Exports (values):
Total
thous. of £
Food,drink,tobacco, .thous. of £
Raw material
thous. of £
Manufactured articles.thous. of £




sterling..
sterling..
sterling
sterling..
sterling..
sterling..
sterling..
sterling..

89,308 !
44,086 I
23,652 |
21,179 |
!
62,884 !
3,940 |
11,540 I
46,534

76,818
35,188
20,991
20,272 |

81,784
38,817
24,237
18,579

569,999
273,415
163,121
131,200

59,504 j
3,131 I
10,835 I
41,734

60,419
2,806
8,041
48,455

412,181 |
20,791 ;
54,211 I
330,013 I

615, 579
8.0
289, 942
6.0
176, 082 + 7.9
146 854 + 11.9

128
161
103
115

1913
1913
1913
1913

i 132
; 165
107
117

1913
1913
1913
1913

119 138
| 112 103
132 138
118 ; 141

135
173
98
133

140 | 139
180 ' 182
101
101
131
134

144
119
201
137

163
117
240
154

120 , - 14.0
146 - 20.2
- 11.3
126 - 4.3

i

» Revised.

442
22
78
331

184
346
503
385

+ 7.3
+ 7.5
+ 44.8
+ 0.4

|
;
I
i

144 136 145 115 198 I 186136 I 122-

5.4
20.5
6.1
10.3

45
TREND OF BUSINESS MOVEMENTS—Continued.
NOTE.—Items marked with an asterisk (*)
have not been published previously in the
SURVEY or are repeated for special reasons;
detailed tables covering backfiguresfor these
items will be found at the end of this bulletin.
For detailed tables covering other items, see
the last quarterly issue of the SURVEY (NO.
24).

NUMERICAL DATA.

June,
1923

July,
1923

In many cases August figures are now
available and may be found in the special
table on page 19.

Corresponding
month,
June or
July,
1922.

I N D E X NUMBERS.

Percentage
increase

CUMULATIVE TOTAL
THROUGH
LATEST MONTH.

Per
centage
increase

(+)

or decrease
(-)
cumulative

BASE
YEAR
OR
PERIOD.

1923
from
1922.

1922

1923

or decrease
June. July.

1922

1923

63,989
14,662
33,187
16,034

72,664
12,439
44,612
15,570

- 15.2
+ 34.4
- 2.9

1913
1913
1913
1913

95
121
90
91

91
108
90
85

2,296,848 2,425,871

5.6

1913

84

120

July
from
June.

Apr. May. June. July.

TRADE AND INDUSTRY OF FOREIGN
COUNTRIES—Continued.
United Kingdom—Continued.
Reexports (value):
Total
thous. of £ sterling..
Food,drink,tobacco..thous. of £ sterling..
Raw material
thous. of £ sterling..
Manufacturedarticles.thous. of £ sterling..
Exports of key commodities (quantities):
Cotton piece goods
thous. of sq. yds..
Woolen and worsted
tissues
thous. of sq. yds..
Iron and steel
thous. of long tons..
Coal
thous. of long tons..
Production:
Pig iron
thous. of long tons..
Steel ingots
thous. of long tons..
Coal
thous. of metric tons..
Stocks, zinc
short tons..
Employment: Trade unions, .p. ct. employed..

10,955
2,323
6,290
2,341

8,800
1,711
4,619
2,464

8,317
1,436
4,795
2,084

300,669

316,601

443,937

17,751
365

20,543
308
6,767

17,305
252
5,064

106,902
1,794
32,248

121,301 + 13.5
2,527 + 40.9
46,611 + 44.5

1913
1913
1913

73
57
78

78
61
83

693
768
22,651
1,880
88.9

655
624
20,061
1,342

399
473
18,916
4,804
85.4

2,548
3,035
140,674

4,459 + 75.0
5,096 + 67.9
163,103 + 15.9

1913
1913
1913
1920
1913

43
63
85
20

13,339
1,970
172
189

13,155

9,877
1,675
115
113

65,630
10,709
652
598

+ 40.7
+ 3.9
+ 52.8
+ 75.8

"1920
1913
1913
1913

118

77,074
84,478

60,757
71,821

421,391
402,988

539,428 + 28.0
513,011 + 27.3

1913
1913

110
223

109
229

1,362
13,297
12,665
1,281

1,767
17,470
9,487
1,223

10,090
38,560
54,941

+ 66.9
- 29.5
+ 37.3
- 0.6

1913
1913
1913
1913

55
140
163

None
3,477
4,350

7,500
3,990
6,315

155,804
53,849
55,372

61,240 - 60.7
71,358 + 32.5
79,311 + 43.2

1913
1913
1913

40,816
35,382

247,862
189,750

256,946 + 3.7
226,911 + 19.6

23,439
6,801

109,771
50,747

123,585 + 12.6
37.9

608,687

727,613 + 19.9
717,665 + 17.9

534,346
1,902
31,144
159,146

6,589

+ 13.6

136
120
162
90

129
165
132
102

120
175
118
95

111

81

+

59
94
112

75
103
126

80
88
108

93 + 15.7
74 - 15.6
111 + 2.7

47
74
78
19
87

76
117
89
5
91

84
128
109
7
91

81
120
93
7
91

128

178

174
95

170 -

84

172
103
83
92

122
173

151
242

151
306

138 - 9 . 9
- 12.1

101
135
113
158

113
5
61
157

208
21
142
190

135
50
265
169

78
103
151
165

10
45

170
41
102

237
47
52

208
64
259

587 None
48 - 25.6
70 - 58.9
171

Jan., 1920 87.5
1920
1920

88.9
97
91

91.4
106
106

97.3
118
118

99.5 100.2 + 0.7
103
102

1920
1920

77
103

79
94

79
135

157

125

643,725 + 20.5

1919
1919
1919
1919

138
138
55
157

134
120
91
139

150
149
98
142

164
161
107
179

162
160
107
168

157
154
118
168

1,832 - 3 . 7
37,379 + 20.1
196,167 + 23.3

1913
1913
1913

238
110
111

138
204
83

152
316

163
192
127

151
554
158

121 - 20.0
428 - 22.7
96 - 39.1

96
129
87
100

77

- 19.7
- 26.3
- 26.6
+ 5.3
5.3

- 5.5
- 18.7
- 11.4
- 28.6

Belgium.
Production:
Zinc
Coal
Pig iron
Steel ingots

short tons..
thous. of metric tons..
thous. of metric tons..
thous. of metric tons..

92,335
11,127
996
1,051

1.4

Canada,
Total trade:
Imports
thous. of dolls..
84,633
Exports
thous. of dolls.. 196,088
Exports of key commodities (quantities):
Canned salmon
thous. of pounds..
2,373
Cheese
thous. of pounds..
6,479
Wheat
thous. of bushs.. 122,229
Bank clearings
mills, of dolls..
1,309
Bond issues:
Govt. and provincial
thous. of dolls..
25,965
Municipal
thous. of dolls..
4,672
Corporation
thous. of dolls..
10,580
Employment:
Total * (1st of foFg mo.).. .index number..
Applications
number..
42,880
Vacancies
number..
41,067
PlacementsRegular
number..
26,807
Casual
number..
8,266
Newsprint paper:
Production
short tons.. 108,832
Shipments
short tons.. 108,909
Stocks
short tons..
13,538
Exports (total printing)
short tons..
92,853
Business failures:
Firms
number..
230
Liabilities
thous. of dolls..
7,690
Building contracts awarded
thous. of dolls..
50,675




i Revised.

105,716
104,329
14,927
92,959

90,282
85,447
11,513
77,004

184
5,944
30,843

213
2,868
26,694
17

16,838
27,194
75,452
8,753

Relative to nine months' average, April to December, inclusive.

- 42.6
+105.2
- 43.0
- 2.1

- 2.9
- 4.2
+ 10.3
+ 0.1

WOOD CHEMICALS.
(A) INDEX NUMBERS AND (B) NUMERICAL DATA.
Based on data from commercial and trade sources.1
[Base year in bold-faced type.]

YEAB AND MONTH.

PRODUCTION.

CONSUMP- STOCKS.
TION.

Acetate
of
lime.

Wood,
carbonized.

Methanol.

Wood,

Relative to 1920.

PRODUCTION.

Acetate
of lime.

Methanol.

Pounds.

Gallons.

A.—INDEX NUMBERS.

CONSUMPTION.

STOCKS
(end of
month).

DAILY CAPACITY.

Wood,
carbonized.

Wood.

Total in
industry. Reporting.

Cords.

B.—NUMERICAL DATA.

100
39
84

100
50
87

100
43
81

1OO
100
114

12,421,337
4,884,672
10,368,082

652,021
324,504
566,304

78,580
34,177
63,922

829,227
826,847
942,883

5,629
5,448
5,411

4,681
5,150
5,058

100
101
108
105

102
100
110
105

101
97
106
104

103
126
105
112

12,436,912
12,541,738
13,532,329
13,046,831

666,868
650,784
719,261
685,479

79,276
76,191
83,426
82,057

857,399
1,046,739
869,110
927,842

5,644
5,655
5,655
5,655

4,847
5,039
5,063
2 4,206

May 2
June
July
August 2

107
107
111
117

101
101
107
113

103
104
121

102
96
97
100

13,225,763
13,332,814
13,840,439
14,556,247

658,260
656,885
697,788
736,056

76,718
80,726
81,875
95,394

841,789
794,172
804,338
826,533

5,655
5,655
5,655
5,667

» 4,119
4,901
4,927
2 4,081

September..
October
November..
December..

104
91
85
62

99
92
91
79

102
94
89
80

87

12,925,973
11,299,206
10,576,099
7,741,695

647,060
599,463
589,940
516,403

79,637
73,994
70,344
63,318

723,118
710,862
810,391
738,432

5,611
5,611
5,611
5,478

4,645
4,561
4,827
4,958

January
February...
March
April

49
50
44
26

72

41

71
64
61
38

90
89
94
98

6,107,996
6,192,479
5,443,638
3,166,017

469,788
449,446
443,786
265,163

55,842
49,642
47,962
29,558

743,535
740,931
783,291
812,045

5,483
5,483
5,462
5,462

4,963
5,223
5,202
5,162

May
June
July
August

29
30
21
24

34
31
49
24

32
29
22
23

107
103
100
100

3,582,554
3,674,186
2,607,616
2,942,121

221,260
208,329
321,994
155,284

24,609
22,578
16,856
17,774

885,065
850,914
831,908
828,224

5,462
5,398
5,398
5,398

5,182
5,138
5,138
5,138

September..
October
November..
December..

31
44
58
68

33
45
61
70

29
39
53
61

97
101
101
117

3,895,644
5,409,342
7,190,005
8,404,465

215,939
291,052
397,705
455,297

23,472
31,490
42,308
48,038

804,387
834,080
835,036
972,752

5,458
5,458
5,458
5,458

5,150
5,129
5,174
5,198

January
February...
March
April

71
84
66

76
74
87
69

79
61

115
121
117
116

8,548,314
8,841,406
10,462,128
8,141,593

494,981
483,439
569,450
450,529

52,153
53,777
62,304
48,122

952,498
1,006,323
967,676
961,969

5.458
5,458
5,458
5,458

5,158
5,158
5,198
5,198

May
June
July
August

68
69
78
76

70
74
78
78

66
71
78
78

115
119
114
111

8,400,243
8,591,572
9,670,504
9,459,098

458,739
484,822
510,489
506,930

51,819
56,313
60,726
59,810

955,866
984,861
943,284
920,512

5,458
5,458
5,458
5,332

5,158
5,158
5,110
4,916

77
97
120
128

122
135

75
93
117
123

113
112
109
103

9,571,953
11,998,276
14,870,260
15,874,819

521,782
640,266
794,879
879,342

59,433
73,428
91,994
97,189

938,766
929,454
902,422
850,973

5,332
5,352
5,352
5,354

4,916
4,936
4,936
4,866

January
February...
March
April

124
106
117
107

133
111
121
109

123
102
111
103

96
92
90

15,434,065
13,154,735
14,732,054
13,237,584

863,608
724,037
786,774
710,987

97,284
80,465
86,598
81,342

812,763
795,870
764,032
748,475

5,354
5,354
5,354
5,354

4,826
4,858
4,870
4,870

May
June
July
August

118
114
104

122
112

115
107

92
94

14,667,584
14,129,529
12,873,572

796,481
727,458
645,673

89,902
84,390
76,774

759,349
781,595
794,416

5,354
5,349
5,349

4,870
4,866
4,865

1920 monthly average..
1921 monthly average..
1922 monthly average..

1921.

1922.

September..
October
November..
December..
1923.

September..
1

Compiled from reports of the National Wood Chemical Association, to which are added reports direct to the Bureau of the Census from almost all the non-member firms.
* On acccount of small capacity reporting, figures for April, May, and August, 1920, have been prorated to 5,000 cords for comparison.




47

CEMENT.1
PRODUCTION.
MONTH.

1915

191*

1917

1918

1919

1920

1921

1922

Thousands of barrels.

8-year
average,
19151922.

January....
February...
March
April

3,142
3,601
5,797
7,794

4,743
4,906
6,125
7,826

8,145
5,948
7,085
8,598

3,266
3,702
4,679
6,366

3,075
3,519
4,562
6,245

6,286
6,088
7,055
7,759

4,098
4,379
6,763
8,651

4,291
4,278
6,685
9,243

4,381
4,540
6,094
7,810

May....
June
July....
August..

8,919
8,852
8,178
8,455

8,581
7,769
8,696

9,772
9,010
8,614
8,854

7,702
7,931
7,602
7,471

7,568
7,720
8,263
8,678

8,873
8,848
8,539
9,456

9,281
9,296
9,568
10,244

11,176
11,245
11,557
11,664

9,022
8,935
8,761
9,189

September.
October
November.
December..

8,114
8,527
8,010
6,468

8,850
9,229
8,432
7,027

8,011
8,062
6,991
5,566

6,702
5,934
5,079
4,263

8,979
9,045
7,825
4,918

9,469
10,329
9,434
7,538

10,027
10,506
8,921
6,559

11,424
12,287
11,349
8,671

8,947
9,240
8,255
6,376

Total

85,757

91,072

92,656

70,697

80,397

99,674

98,293

113,870

91,550

Monthly average.

7,146

7,589

7,721

5,891

6,700

8,306

8,191

7,629

SHIPMENTS.
January...
February.
March
April

2,985
3,338
6,279
7,531

2,940
3,580
5,920
8,058

3,589
3,673
6,954
8,934

2,253
2,794
5,351

2,044
2,505
4,264
6,275

3,987
6,481
7,724

2,539
3,331
6,221
7,919

2,931
3,285
7,002
8,592

2,893
3,311
6,059
7,964

May
June
July....
August..

8,267
9,527
8,851

9,646
9,234
8,547
10,715

10,961
9,021
8,537
9,408

8,254
8,788
7,032
7,318

7,255
8,360
9,098
9,770

8,647
10,229
11,467
10,676

10,577
10,301
12,340

12,749
13,470
13,850
14,361

9,408
9,901
9,710
10,447

September.
October
November.
December..

9,526
9,2S4 !
7,517 |
4,539

11,519
10,772
8,033
5,262

9,478
9,157
6,673
4,120

7,031
6,249
4,186
2,790

12,035
10,818
8,049
5,530

10,837
10,919
7,780
3,374

11,329
12,114
5,195
3,697

12,444
12,854
10,167
4,858

10,525
10,271
7,200
4,271

Total

86,632

94,226

90,505

70,728

86,003

95,985

95,051

116,563

Monthly average.

7,219

7,852

7,542

5,894

7,167

7,999

7,921

9,714

7,663

|
|
|
j

91,960 I

STOCKS.
January..
February.
March
April

12,374
12,501
12,054
12,267

12,978
14,283
14,556
14,298

10,726
13,007
13,134
12,782

11,312
12,228
11,548
9,234

11,266
12,275
12,495
12,473

7,476
9,579
10,147
10,163

10,300
11,400
12,000
12,600

13,316
14,142
13,848
14,470

11,220
12,427
12,473
12,286

May....
June
July....
August..

12,887
12,183
11,473
10,973

13,506
12,892
12,147
10,173

11,591
11,579
11,660
11,111

8,659
7,793
8,358
8,508

12,779
12,138
11,303
10,216

10,388
9,002
6,071
4,865

12,450
11,150
10,414
8,280

12,893
10,718
8,433
5,746

11,894
10,932
9,982
8,734

September.
October
November.
December..

9,580
8,839
9,306
11,303

7,434
5,898
6,325
8,154

9,649
8,541
8,868
10,309

8,168
7,857
8,745
10,224

7,160
5,393
5,150
5,055

3,497
2,904
4,554
8,691

6,963
5,348
9,091
11,938

4,724
4,149
5,320
9,134

7,147
6,116
7,170
9,351

Total

135,740

132,644

132,957

112,634

117,703

87,337

121,934

116,893

119,732

Monthly average.

11,312

11,054

11,080

9,386

9,809

7,278

10,161

9,741

9,978

1
Figures for 1921 and 1922 from the U. S. Geological Survey; for prior years from the Portland Cement Association, whose annual totals agree very closely with the
Geological Survey figures for those years. As the cement industry is very seasonal, averages are given over an 8-year period, with which comparisons can be made for
any particular month.




48
FALL RIVER MILL DIVIDENDS.1
1913

1914

1916

1915

1918

1917

1919

1920

1922

1921

1923

TOTAL DIVIDENDS.

QUARTER.

A.—INDEX NUMBERS. (Relative to 1913.)
First quarter
Second quarter
Third quarter
Fourth quarter

65
69
68
198

68
61
56
55

50
50
52
67

Quarterly average

100

60

55

66
79
96
154

147
204
227
235

184
223
393
366

218
148
230
335

448
502
700
293

180
148
143
130

211
125
125
126

99

203

291

233

486

150

147

I *.—NUMERICAL

DATA. (Dollars.)

First quarter
Second quarter. . .
Third quarter
Fourth quarter... .

336,427
357,675
352,675
1,028,675

353,667
315,667
291,167
283,292

258,775
258,025
268,542
348,417

342,417
409,675
498,425
799,475

761,975
1,059,125
1,176,375
1,217,134

955,059
1,156,934
2,039,409
1,896,884

1,131,184
767,609
1,194,389
1,739,839

2,325,339
2,604,560
3,633,375
1,520,725

936,150
766,575
741,575
673,075

1,097,075
650,075
647,075
653,575

Total .
Quarterly average

2,075,452
518,863

1,243,793
310,948

1,133,759
283,440

2,049,992

4,214,609
1,053,652

6,048,286
1,512,072

4,833,021

10,083,999
2,521,000

3,117,375
779,344

3,047,800
761,950

512,498

P E R C E N T ON

1,208,255

707,275
740,675
677,675

CAPITALIZATION.

A.—INDEX NUMBERS

. (Relative to 1913.)

First quarter
Second quarter
Third quarter
Fourth quarter

65
69
68
198

68
60
56
54

50
49
50
65

65
77
92
147

138
192
200
203

159
193
340
317

189
128
198
288

385
427
590
244

136
109
105
95

161
93
92
93

Quarterly average

100

60

54

95

183

252

201

411

112

110

DATA.

(Percent.)

B .—NUMERICAL

136
143
131

First quarter
Second quarter
Third quarter
Fourth quarter

1.180
1.255
1.237
3.608

1.233
1.100
1.015
.988

0.902
.900
.912
1.182

1.175
1.408
1.671
2.683

2.515
3.496
3.644
3.698

2.900
3.515
6.196
5.763

3.437
2.332
3.596
5.238

7.001
7.772
10. 730
4.442

2.479
1.991
1.915
1.738

2.932
1.685
1.678
1.694

Total
Quarterly average

7.280
1.820

4.336
1.084

3.896
.974

6.937
1.734

13.353
3.338

18.374
4.594

14.603
3.651

29.945
7.486

8.123
2.031

7.989
1.997

93
95
87

1.691
1.721
1.575

i Dividends paid each quarter by about 37 textile mills in Fall River, Mass., and percentage which the dividends bear to total capitalization of these mills, as compiled by G. M. Haffards & Co.




49
ROOFING FELT.
(A) INDEX NUMBERS AND (B) NUMERICAL DATA.
From commercial sources.1
[Base year in bold-laced type.]
STOCKS.
PRODUCTION
OF DRY Dry felt. Total.
FELT.

RECEIPTS.
Rags.

Paper.

PRODUCTION O F
DRY
MiscelFELT.
laneous.

STOCKS.
Dry felt.

RECEIPTS.

Total.

Rags.

Paper.

Miscellaneous.

YEAR AND MONTH.

Relative to January, 1923.

Tons.

A . - I N D E X NUMBERS.

B . - N U M E R I C A L DATA.

»54
»76

1921 monthly average
1922 monthly average

»63
»84

1923.
January.
February
March
April

100
101
120
112

100
65
69
73

100
92
81
0d

100
90
121
108

100
83
85
89

100
196
63
62

125
112
106

84
113
133

108
89
HI

87
104
103

95
90
91

86
99
137

May
June
July.
August

»8,056
* 11,473

»9,016
•12,055

\

14,362
14,495
17,297
16,155

2,950
1,906
2,037
2,158

12,972
11,889
10,559
12,911

15,034
13,514
18,194
16,189

6,650
5,548
5,649
5,919

1,187
2,331
746
640

17,941
16,085
15,278

2,485
3,325
3,923

14,076
11,598
14,447

13,104
15,644
15,501

6,338
5,988
6,042

1,019
1,179
1,507

September
October.
November.
December.




i Data from the Felt Manufacturers* Association, including reports from 16 identical mills,
i Represents reports from 11 mills.

50
LIFE INSURANCE.
INDEX NUMBERS.
From commercial and trade sources.1
[Base year in bold-faced type; numerical data on opposite page.]
PREMIUM COLLECTIONS
(new and renewal).

NEW BUSINESS.

ORDINARY
INSURANCE
(40 companies).

INDUSTRIAL
INSURANCE
(6 companies).

YEAR AND MONTH.

Number of
policies.

Value.

Number of
policies.

Value.

GROUP
INSURANCE
(11 companies).

Value.

ORDI- INDUSNARY TRIAL
TOTAL
INSURINSURINSURANCE
ANCE ANCE
(40 companies). (40
com- (6 companies). panies).
Number of
policies.

GROUP
INSURANCE
(11 companies).

TOTAL
INSURANCE
(40 companies).

Value.

Value.

Relative to 1913.
1913 monthly average..
1914 monthly average.
1915 monthly average.
1916 monthly average.
1917 monthly average.
1918 monthly average.
1919 monthly average.
1920 monthly average.
1921 monthly average.
1922 monthly average.

100
100
107
122
142
145
232
265
212
211

100
97
104
127
150

100
108
113
109
109

1OO
106
112
113
119

157
273
332
274
300

114
122
132
145
153

127
150
179
202
228

253
267
311
311

128
127
163
133

180
177
228
184

300
292
267
250

172
145
113
117

241
202
158
163

231
250
244
317

133
177
153
174

186
249
210
244

232
274
318
310

142
150
180
151

200
214
256
237

326
319
308
292

164
152
143
135

241
223
213
198

257
283
295
385

126
164
161
172

187
256
243
265

302
315
411
369

144
145
176
250

217
221
266
401

388
400
356
338

210
183
160
149

313
285
256
245

1921

January
February
March
April
May
June
July
August

193
212
246
246
227
224
205
191

September
October
November
December

191
200
192
224

1OO

100

1OO

107

100
101

1OO

182

104

107

100
139
229
335
706

100
105
110
119
131

221

112

107

108

115

350

111

125

117

123

755

114

146

129

134

1,204

119

157

139

147

1,345

1,992

141

252

164

168

2,548

1,895

153

301

192

189

3,813

508

156

256

207

210

4,081

1,276

163

287

227

239

4,306

142
167
194
210
232

5,200
3,248
3,674
4,619

201
197
226
217

3,671
3,545
4,539
4,384

208
214
203
198

3,306
4,581
2,948
5,252

191
207
202
260

6,535
3,474
3,810
3,639

218
222
253
227

4,265
3,716
4,103
3,813

235

413

139

234

197

202

368

141

243

198

182

663

177

291

231

199

464

152

277

217

204

555

181

285

205

207

383

158

268

215

198

283

128

237

199

206

357

129

226

319

143

220

184

207

297

181

250

198

222

215

232

159

234

200

202

1,757

182

308

253

270

920

146

228

210

228

513

157

259

223

206

1,053

187

307

255

234

1,687

161

300

229

212

1922
January
February
March
April
May
June
July
August

172
193
226
218
228
222
215
201

September
October
November
December

191
203
209
250

689

175

305

233

233

1,164

164

299

230

235

766

154

285

220

239

672

146

214

242

1,144

169

287

222

230

4,5-19

185

384

280

343

3,806
4,484
4,168
5,858

948

154

283

243

687

156

291

235

260
239
266
259

5,558
5,884
4,781
5,442

254
271
268
269

4,484
4,506
5,019
T 5,374

1,162

137

245

191

220

996

170

281

217

245

233
226
223
202
226
226

1923,
January
February
March
April
May
June
July
August




205
215
282
251
264
272
243
230

1,374

194

377

279

2,298

250

393

257

2,082

218

380

262

3,580

197

393

255

1,075

174

334

246

1,251

162

319

246

See footnotes on opposite page.

250
239
279
261
263
261
254

254

51
LIFE INSURANCE.
NUMERICAL DATA.
From commercial and trade sources.1
[Base year in bold-faced type; index numbers on opposite page.]
PREMIUM COLLECTIONS
(new and renewal).

NEW BUSINESS.

YEAR AND MONTH.

ORDINARY
INSURANCE
(40 companies).

ThouThou- |
; sands of • sands of
policies. I dollars.

INDUSTRIAL
INSURANCE
(6 companies).

ThouThousands of i sands of
policies. | dollars.

1913 monthly
1914 monthly
1915 monthly
1916 monthly
1917 monthly

average
average
average
average
average

74
74
79
90
105

18131,839
j
128,358
|
136,700
i
167,970
j
197,310

380
410
429
415
414

851,909
55,217
58,128
58,645
61,484

1918 monthly
1919 monthly
1920 monthly
1921 monthly
1922 monthly

average
average
average
average
average

107
172
196
157
156

206,382
360,180
437,623
361,803
395,277

433
465
500
550
582

66,099
77,901
93,044
104,813
118,233

January..
February.
March
April

143
157
182
182

333,787
352,027
410,146
410,624

487
484
621
507

May....
June
July....
August.

168
166
152
141

395,445
385,075
352,134
329,124

September..
October
November..
December..

141
148
142
166

January..
February.
March
April

GROUP
INSURANCE
(11 companies).

NumThouber of sands of
policies. dollars.

ORDINARY
INSURANCE
(40 companies).

TOTAL
INSURANCE
(40 companies).

Thousands of
policies.

Thousands of
dollars.

81,445
2,628
3,188
5,052
10,908

454
484
507
504
519

8185,193
186,203
198,015
231,667
269,702

134
149
51

17,401
28,785
27,377
7,335
18,440

540
638
696
707
738

93,357
91,866
118,478
95,759

40
43
43
48

5,974
5,324
9,581
6,709

652
550
431
446

125,232
104,909
81,872
84,583

44
45
29
36

305,191
329,232
321,236
417,621

507
672
581
662

96,805
129,165
109,087
126,646

127
143
167
161

305,528
361,571
419,839
408,361

538
569
684
572

May....
June
July....
August.

169
164
159
149

September..
October
November..
December..

G R O U P i TOTAL
1NSUR- j INSUR! ANCE !| ANCE
(11 com-1 (40 com: : p a n i e s > ! p a »' e s >

Thousands of dollars.

S37,OO9
38,456
40,115
43,344
47,789

810,778
11,580
12,421
13,280
14,440

831
43
71
104
219

847,818
50,080
52,608
56,727
62,449

289,882
466,866
558,043
473,951
531,951

51,626
60,783
71,132
76,686
84,068

15,807
18,088
20,342
22,587
25,751

417
790
1,182
1,265
1,335

67,850
79,661
92,655
100,538
111,154

629
641

433,118
449,217
538,205
513,092

72,859
73,423
85,515
80,374

21,804
19,649
21,436
21,946

1,612
1,007
1,139
1,432

96,275
94,079
108,091
103, 752

8,023
5,529
4,088
5,153

820
716
583
587

528,699
495,512
438,093
418,859

75,857
79,628
73,555
70,006

22,266
21,381
22,233
23,217

1,138
1,099
1,407
1,359

99,262
102,108
97,195
94,581

22
28
24
210

4,607
4,293
3,350
25,388

649
820
723

406,603
462,690
433,673
569, 655

68,080
73,459
73,986
93,492

22,354
23,927
21,762
29,071

1,025
1,420
914
1,628

91,458
98,807
96,661
124,191

103,725
110,954
132,833
123,208

30
49
51
40

13,287
7,420
15,215
24,379

665
712
850
733

422,540
479,945
567,888
555,948

77,730
94,454
84,656

24,560
22,201
25,195
22,805

2,026
1,077
1,181
1,128

104,316
105,941
120,830
108,588

429,236
420,362
405,609
384,328

624 I 125,084
579 | 115,959
542
110,423
512
102,901

61
58
55
44

9,962
16,814
11,088
9,709

793
743
701
661

564,282
553,135
527,099
496,938

86,100
85,059
81,309
79,104

25,156
25,318
25,717
26,128

1,322
1,152
1,272
1,182

112,577
111,529
108,298
106,414

141
150
155
185

338,789
372,902
389,367
507,436

480
623
611
653

97,257
132,790
125,960
137,707

49
57
61
406

16,785
14,392
16,524
65,730

621
773
766

452,831
520,084
531,852
710,873

71,739
80,337
82,167
103,498

23,709
26,456
24,813
36,957

1,180
1,390
1,292
1,816

96,628
108,184
108,272
142,271

1923.
January...
February..
March
April

152
159
209
186

398,150
415,006
541,388
485,874

112,678
547
551 | 114,758
137,853
669
208,105
950

60
73
104

13,701
9,933
19,848
33,199

710
879
1,137

524,528
539,698 ;|
699,089 ij
727,179 I

89,760
86,947
103,338
95,088

28,002
25,706
28,640
27,869

1,723
1,824
1,482
1,687

119,485
114,477
133,460
124,645

May....
June
July....
August.

195
201
180
170

511,963
527,995
469,883
445,157

797
694
609
567

99
97

30,086
51,730
15,534
18,161

991
895
789
737

96,850
94,354
90,947
90,976

27,339
29,169
28,877
29,006

1,390
1,397
1,556
1,666

125,579
124,920
121,379
121,648

25
60

i

1921.

1922.

162,326
147,769
132.798
127,090

54

704,376
727,493
618,215
590,408

1
Compiled by the Association of Life Insurance Presidents. The data on new business represent only new business that has been paid for, exclusive of revivals, increases,
and dividend additions. Premium collections show the amount of money actually invested in life insurance each month, and include total premium collections, new and
renewal, and considerations for annuities and for supplementary contracts involving and not involving life contingencies. The 40 companies whose new business is included
in this table had in force 77.1 per cent of the total legal reserve life insurance outstanding in the United States as of Dec. 31, 1920.




52
EMPLOYMENT BY GROUPS OF INDUSTRIES.
INDEX NUMBERS.
Based on data from Government sources,1
[Base year in bold-faced type; numerical data on opposite page.]
INDUSTRY GROUP.
Total,
14
groups
(1,428
factories).

YEAR AND MONTH.

Food
and
kindred
products.

Textiles
and
their
products.

Iron
and
steel
and
their
products.

Lum- Leather
ber
Paper
and
and
and
its
its finmanu- prod- printing.
facture. ucts.

Metal
and
Vehimetal
Stone,
Liq- '
cles
clay, prod- bacco
uor
for
ucts manu—
? ! and
other
than
prodages
iron
*
ucts. ucts.
tion.
and
steel.
C n e m

Rail-

Miscellane-

shops.

tries.

Relative to 1921.
i
1OO.0
; 104.2

1OO.0
97.2

1OO.0
116.5

1OO.0
110.9

1OO.0
103.9

1OO.0
103. 0

104.4
103.4
101.8
101.4

103.5
101.5
98.7
95.7

87.5
95.0
93.3
96.7

126.9
117.5
109.8
101.2

103.1
105.2
105.6
100.9

79.4
85.5
87.0
91.2

106.0
103.9
100.9
99.6

120.7
113. 8
114.3
114. 7

100.9
97.9
96.9
97.9

95.0
95.7
94.4
101.5

99.2
100.3
101.9
103.0

98.7
93.0
85.9
87.9

98.0
97.5
97.7
95.0

95.1
100.6
106.4
111.1

100.0
99.8
100.0
98.6

116.9
122. 6
108.3
99.3

99.1
100.1
100.5
95.8

105.2
105.9
103.8
98.4

104.7
105.5
105.7
107.0

90.2
94.8
96.9
97.6

95.9
97.9
101.8
102.0

110.0
111.7
110.0
112.0

100.2
101.2
100.0
96.0

106.7
99.2
97.0
89.7

95.5
97.6
102.7
108.6

101.6
104.3
105.9
10G. 4

1921 monthly average... 100.0
1922 monthly average... 109.7
1921.
Jajiu&rv
Fcbruarv
March .
April
. .
May
June
July
August

- .

SeDtcmbcr
October
November
December
1922.
January
February
.
March
April

. .

....
. .

99.8
100.4
102.9
103. 7

1
1

100.0
118.9

1OO.0
121.3

100.0
102.3

100,0
150. 8

1OO.0
99.4

1OO.0
95.2

113.0
106. 2
104.1
101. 7

109.3
107.1
104.1
100.8

104.9
105.2
100.5
98.2

93.9
92.3
100.2
92.9

60.6
72.0
92.3
113.0

103.5
96.6
94.4
87.9

118.9
115.7
110.1
108.8

101.6
95. S
94. 0
93.1

102.8
105.7
80.4
85.2

98.2
96.1
94.4
99.5

87.8
99.1
101.9
105.9

117.2
111.7
116.3
112.8

96.2
90.7
99.7
105.3

103.5
97.0
95.4
93.1

95.6
95.5
99.5
100.7

I
67.8
95. 5
96.8
98.0
75. 9
99.3
56.9 i 97. 7

92.5
104.2
104.6
103.2

100.6
102.8
96.3
103.3

105.0
107.6
110.0
103.3

112.5
109.3
112.3
69.8

108.1
114.7
107.3
100.5

92.5
88.9
88.2
87.8

116.2
116.3
110.9
101.8

101.0
100.8
101.2
99.3

57.6
98.5
61.1
99.5
57.9 1 98.2
56.9 ; 100.0

102.1
107.0
108.9
117.4

106.2
109.5
114.9
117.3

100.6
100.7
102.1
101.6

110.7
117.8
127.7
141.0

96.5
100.6
102.1
100.5

89.3
89.8
93.5
92.4

1 0 0 . 0 1OO.0
52. 6
104. 9

.

107.0
110.5
110.9
111.5

; 98.9
104.3
106.9
105.6

90.7
91.8
93.6
93.5

113.5
118.0
119.3
120.4

109.7
112.4
114.1
111.5

97.8
97.9
104.0
108.5

100.1
101.0
104.7
103.9

56.4 ' 100.2
57.5 i 101.6
56.5
102.4
54.2 i 108.1

122.7
121.6
113.7
122.9

119.1
122.1
127.7
124.9

98.7
101.5
101.3
102.2

156.8
166.9
170.2
167.8

105.1
107.7
76.5
77.8

92.8
94.5
94.5
96.0

September
October
November
December.

113.3
116.7
119.4
120.4

108.1
109.2
! 111.4
:
> 107.9

9S.2
99.8
102.4
103.6

123.7
129.2
132.9
136.4

112.4
115.6
119.0
117.9

109.6
111.4
117.6
115.1

104.3
106.2
109.6
110.9

47.1
108.4
46.7 i 112.3
46. 0
114. 2
40.5 ' 115.9

122.2
133.1
127.4
127.9

124.1
127.3
131.6
131.2

108.3
104 1
103.4
102.7

157.3
162.7
166.3
164.5

96.4
107.4
109.0
114.1

97.6
99.3
100.9
102.0

1923.
January
February
March
April

124.3
128.2
130.6
130.8

107.4
107. 5
108.1
106.0

104.0
110.6
112.0
111.6

140.7
143.1
147.5
146.9

119.1
121.1
124.3
128.6

121.9
122.0
122.1
117.9

113.3
112.2
109.5
111.1

40.4 j 115.4
41.2 i 118.3
42.5 i 119.2
45.1
120.4

119.6
131.9
138.4
142.5

135.8
139.7
142.5
142.0

101.4
100.4
98.7
98.5

186.2
197.1
202.4
208.9

118.4
118.9
120.1
119.8

103.0
108.1
110.1
109.5

May
June
July
August

131.3
130. 9
130.9
130.3

105.6
108.6
111.0
111.0

111.1
109.8
108.2
104.0

149.5
149.3
149.9
151.1

125.1
124.7
125 3
125.0

113.8
119.4
114.4
116.5

112.1
107.2
111.9
111.9

46.0
48.2
83.0
82.3

120.9
119.2
121.5
118.8

144.8
142.5
142.7
154.9

141.7
140.8
140.7
138.6

96.0
96.7
95.4
96.5

118.9
210.0
119.9
203.7
200.1 ' 122.8
123.6
198.7

110.1
111.1
111.5
111.4

May
June
July
August

....




1

:

t

See footnote on opposite page.

53

EMPLOYMENT BY GROUPS OF INDUSTRIES.
NUMERICAL DATA.
Based on data from Government sources.1
[Base year in bold-faced type; index numbers on opposite page]
INDUSTRY GROUP.

YEAR AND MONTH.

Total,
14
groups
(1,428
facvories).

Metal
Food
and
kindred
products.

!
j
i
I

Textiles
and
their
products.

Iron
and
steel
and
their
produtcs.

Lumber
and
its
manufacture.

Leather and Paper
its
and
fin|
ished printing. i
prod-

Chem- Stone,
clay,
' <inci
and
1 oth
f glass

metal T n
prod- £*'
ucts ™™°
other ™"J-

V h

^ .f" !
«es
R a U . Misce,_
™rd j way lanrous
I repair Indust | ™

s s s : ; g "-; Si? s"ops-trICS-

ucts.

! steel.

Number of employees on pay roll.

1921 m o n t h l y average.
1922 m o n t h l y average.

1,559,316 131,251 25o,580|349,718 2 3,286 49,625J49,890! 1,447j75,022! 13,810 75,928 30,110 154,793 61,027 287,480
1,710,665 j 136,766 I 248,361 j 407,264 25,82755,045 I 51,686 | 761 j 78,722 j 16,421 92,124 \ 30,797 •' 233,446 j 60,684 273,7

1921.
135,940 223,705
133,285 242,854
129,688 238,542
125,725 247,137

I 443,754 24,018
: 410,773 : 24,507
\ 3,83,794 24,599
353,739 23,496

124,810
125,711
123,871
133,321

| 253,743
256,319
260,460
263,257

i 344,958 22,814 47,178
325,257 22,679 49,936
300,441 22,736 52,781
307,167 22,097 55,117

! 1,544,529 , 138,086
; 1,560,155 j 139,082
1,567,374 i 136,275
1,493,107 129,215

2S7, 661
269,567
270,147
273,568

315,309 22,309 54,593
331,533 22,765 55,440
338,817 23,680 54,599
341,077 23,733 55,603

I 47,686 ! 965 j 71,673 12,782
47,655 1,385 j 73,520 14,389
49,637 I 1,082 | 74,508 14,446
50,271 i 808 73,267 14,245

31,633
32,395
33,122
31,104

174,131
169,248
173,779
108,091

65,347
69,398
65,477
61,285

January

; 1,556,507 \ 131,534

February

\ 1,565,401 | 132,852

272,619
253,467
247,956
229,163

333,947 i 23,659 57,692
341,203 ; 24,281 57,714
359,133 24,663 55,016
379,695 24,790 50,505

; 50,403
818 73,86514,096 80,671 , 30,301
! 50,318 I 868 j 74,621 14,777 83,142 | 30,307
: 50,493 j 822 I 73,690 15,041 87,226 ! 30,748
49,546
808 i 75,018 16,207 89,073 30,593

171,295
182,444

58, 898
61, 350

197,689

62, 283

218,245

61, 288

396,654
412,704
417,180
420,904

January
February

| 1,628,134
1,612,611
1,587,786
1,580,749

March....
April

1,573,538
1,527,124
1,510,210
1,526,479

May. . . .
Tune....
July....
August.

39,385 52,865 j 1,747 \ 84,803 j 15,102 79,664
42,441 ! 51,838 j 1,646 : 79,676 j 14,78779,887
43,185 50,371 ; 1,654 j 78,116 | 14,378 76,282
45,236 ; 49,693 ! 1,660 76,291 ! 13,92174,574
49,916
49,802
49,878
49,177

j
j
j
I

1,691
1,758
1,551
1,421

, 76,186 | 14,197
.. 71,858 j 14,596
' 70,503 j 11,110
i 69,859 i 11,770 I

28,279 \ 93,852 63,118 j 341,902
27,797 111,536 ] 58,911 ! 332,672
30,176 142,878 ! 57,584 ' 316,539 ,
27,980 i 174,864 | 53,616 ' 312,817

74,571 26,438 j 181,474
58,100
72,963 i 29,825 j 172,882
54,710
71,663 30,666 ' 180,148
60,225
75,540 j 31,904 | 174,628
63,648

297,462
j 278,828 j
i 274,177 j
; 267,573 j

i
September
October
November
December
1922.

March

j 1,604,959 j 131,316

April

' 1,616,834 jj 126,112

May

1.668,988 j! 129,852

231,753

June

1,722,392 j 136,995

234,716

July

1,729,826 || 140,447

239,342

August

1,737.931 !! 138,691

239,000

September

250,858 432,480
1,819,466 143,354 255,081 451,
1,862,433 ; 146,315 261,620 464, 563
1,876,645 141,738 j 264,752 476,873 ,
1,766,599 i 141,981

October
November
December

25.537 48,527 49,938
26,176 48,570 ! 50,377
26,576 51,590 | 52,235
25,964 53,834 j 51,866
26,170 I 54,377 52,054
26,922 I 55,276 52,9
27, 720

58,345 : 54,703

27,464

57,096 ! 55,338

76,394
78,050
73,130
78,417

|
|
|
I
I

I

|
i
j
I

265,960 !
255,728 j
253,675 j
252,423 j

256,709
258,057 :
268,803 !
265,790 ;

800 75,170 16,942 90,443 29,709 242,691 64,131 | 266,841 j
816 76,199 16,800 92,724 30,558 258,443 65,737 | 271,577 |
802 76,794 15,697 96,934 30,511 263,398 46,655 | 271,666
784 | 81,109 16,972 94,861 30,779 259,722 47,440 i 276,005
i
I
682 ' 81,304 16,874 94,208 32,616 243,490 j 58,802 | 280,700
676 84,250 18,383 96,652 31.361 251,787 |65,502 | 285,428 '
665 85,679 17,600 99,946 31,146 257,502 I66,503 290,126
586 86,969 17,657 99,608 30,933 254,652 | 69,619 293,360

1923.
January
February
March
April

1,938,447 !; 140,957
1,998,923 ' 141,216
2,036,643 i 142,017
2,039,622 139,227

May
June
July

2,047,150 138,648
2,040,827 I 142,569
2,041,250 • 145,651

August

2,031,884 j 145,731

266,297
282,721
286,084
285,082

515,744

28,943 j 60,595

513,637

29,946 j 58,499

284,029

522,869 ! 29,129 j 56, 458

86,554
88,736
89,464
90,356

16,522
18,211
19,114
19,677

103,092 ! 30,525 j 288,300 ! 72,284296,729
: 310,691
i 105,095 30, 216 | 303.492 \ 72,555
! 108,190 29,719 |i 311,777 ! 73,263 ; 316,459
,107,786 ' 29,609 | 321,899 i 73,119 ' 314,655 j

55,945
GG6 ; 90,213
60S ' 89, 422
29,029 | 59,263 53,483
29,168 I 56,793 55, 855 1,201 91,137
29,114 57,826 55,839 1,191 89,143

19,900
19,674
19,700
21,394

; 107,648 28,901 I 323,594 . 72,556 i 316,495 i
ilO6,924 i29,103 I 315,364 : 73,181 : 319,485
1
106, 835 28,720 \ 309,725 74,933 : 320,638 :
' U 5,241 29, Of 2 3O7,5»5 75,444 320,111

491,812 I 27,740 j 60,495
500,214 | 28,200 i 60,567

280,641 521,991
276,573 524,321
265,882 528,321

56,555
584
56,013
596
54,659 ' 615
55,417 : 653

1
Data from U. S. Department of Labor, Employment Service, as compiled from reports of 1,428 identical factories each month; industries are grouped according to classification in the census of manufactures.




54
MISCELLANEOUS.
INDEX NUMBERS.1
Based on data from Government and non-Government sources,
[Base year in bold-faced type, numerical data on opposite page.]
[ Table continued on page 56.]

YEAR AND MONTH.

HYDRAULIC MACHINERY.

WHOLESALE
PRICE,
SMOKED
HAMS.

Relative
to 1913.
1913 monthly
1914 monthly
1915 monthly
191G monthly
1917 monthly

average.
average.
average..
average..
average.

1918 monthly
1919 monthly
1920 monthly
1921 monthly
1922 monthly

average.,
average..
average.
average..
average..

Shipments.

New
orders.

CAPE
COD
CANAL
TRAFFIC.

Unfilled
orders.
Relative
to 1910.

Relative to 1919.

100
101
92
111
152

PREPARED
ROOFING.
;

STEEL RUBBER
BARIN
RELS
UNITED
AND
KL\GDRUMS.
DOM.

Shipments.

New
Orders.

EMPLOYMENT
IN
CANADA,

Stocks.

Relative
Relative
to 1019. , to 1020.

Relative Relative to
to 1921. | Jan., 1920.

« 100
64
124
185
152
110
99

100
114
105
122

1OO I
51
110

100
102

•100.0
87.8
87.9

i

1919.
!

January..
February.
March
April

210
201 ;
203
216

48
41
48
52

47
49
53
61

48
48
49
51

51
60
73
79

May....
June...
July....
August.

1
227 ;
229 ;
231
231 ;

57
60
83
94

56
63
91
78

49
51
62
71

98
106
114
118

September..
October
November..
December..

209
175
172
174

87
123
122
154

112
111
160

75
110
123
130

121
135
123
123

1920.
January..
February.
March....
April

i
.
!
';
I

177 i

17A

184
190
199

172
144
123

130
103
172
109

148
174
170
186

129
96
109
128

111
109
138
91

109 Ij
181 j1

May....
June
July....
August.

214
220
227
224

110
114
121
114

138
170
158
147

186
175
165
160

135
175
165
203

119
131
116
143

108
86
166
218

September..
October
November..
December..

219
215
184
155

121
91
111
83

159
1&3
176
183

158
147
146
129

179
183
146
179 !

144
120
79
58

97 |
20
51
12

1921.
January..
February.
March
April

150
156
164
166

56
41
56
61

109
131
118
111

125 |
106
95
88

123 1
106
109
98;

73
75
103
106

13
19
40
56

81
86
93
100

87.7
90.1
88.0
84.1

May....
June...
July....
August.

164
170
193
195

49
50
54
47

88
101
90
70

81
74
67
65

116
108
120
116

105
102
87
114

28
33
77
56 |

103
103
105
108

84.1
86.6
87.5
88.9

September.
October
November..
December..

166
143
135
129

32
49
55
72

62
63
69
82

64
64
64
68

117 \
112 1
97 !
95

144
153
ioi
94

75
93
82
39

107
104
106
104

88.7
90.2
90.2
87.2




See footnotes on page 57.

20

132

55
MISCELLANEOUS.
NUMERICAL DATA.
Data from Government and non-Government sources.
[Base year in bold-faced type; index numbers on opposite page.]
[ Table continued on page 57.j

YEAR AND MONTH.

WHOLESALE
PRICE,
SMOKED
HAMS.

HYDRAULIC MACHINERY.
CAPE COD
CANAL
TRAFFIC.

New
orders.
Dollars.

1913
1914
1915
1916
1917

monthly average.
monthly average.
monthly average.
monthly average.
monthly average.

0.166
.167
.153

1918
1919
1920
1921
1922

monthly average.
monthly average.
monthly average.
monthly average.
monthly average.

.318

Unfilled

orders.

Thousands of dollars.

Tons.

.252

.343

$1,659

$1,290

.334

2,045

1,945

.268

859

1,176

.265

1,155

1,030

.349

796
682

611
630
690
790

.338
.360
.377
.381
.384
.384
.348
.290
.286
.289

STEEL
BARRELS
AND
DRUMS.

RUBBER
IN
UNITED
KINGDOM.

Shipments.

New
orders.

Stocks.

Thons. of
roof
squares.s

Number.

Tons.

2 104,285
66,555

.185

.334

September...
October
November...
December...

Shipments.

PREPARED
ROOFING.

$5,973
9,709
4,785
3,802

129,625
192,450
158,600
114,406
103, 226

2,079
2,360

160,321

2,182

81,629

76,529

2,541

175,790

78,297

2,840

1,054

2,856

1,253

2,917

1,517

3,060

1,641

2,909

2,031
2,210
2,370
2,448

953
997
1,371
' 1,560

727
814
,175
,001

1,435
2,037
2,016
2,555

,143
,445
,426
2,070

4,484

1,676
1,332
2,224
1,409

8,840
10,375
10,148
11,134

134,16S
99,836
113,456
133,453

2,318
2,274
2,874
1,901

31,377
174,585
290,417
211,161

11,119
10,436
9,866
9,555

140,295
182,615
172,378
211,693

2,484
2,727
2,407
2,976

173,783
138,403
265,934
349,487

9,458
8,787
8 737
7.696

186,535
190,361
151,954
186,452

2,993
2,501
1,649
1,215

154,925
32 298
82,342
19,135

1,513
1,561
2,141
2,210

20,622
30,214
64,835
89,103

62, 279
65,792
70,918
76,318

3,019
3,700
4,226

2,513
2,810
2,555
2,549

6,542
7,362

1920.
January..
February.
March
April

.294

2,885

.306

2,861

.316

2,384

.331

2,046

May....
June
July....
August.

.356

1,821

.365

1,896

.377

2,013

.373

1,897

1,774
2,199
2,037
1,894

September...
October
November...
December...

.363

2,009

2,056

. 358

1,514

2,099

.307

1,846

2,275

.258

1,372

2,365

January..
February.
March
April

.249
.260
.273
.276

936
687
934
1,011

1,403

7,480

1,694

6,353

1,516

5,700

1,436

5,233

127,830
110,230
113,272
101,848

May....
June
July....
August.

.273
.282
.320
.325

805
826
8SS
772

1,133
1,298
1,163
906

4,830
4,392
4,001
3, 861

121,232
112,958 !
125,208 \
120,553 ;

2,189
2,124
1. 817
2.376

44,101
52,935
123,337
90,167

78,833
78,465
80,702
82,844

September..
October
November..
December..

.276
.237
.224
.215

525
813
908
1,199

803
810
893
1,061

3,851
3,840
3,842
4,040

122,203
117,025
101,476
99,040

3.003
3,190
2,098
1,958

120,531
149,907
130,711
63,089

82,077
79,373
81,091
79,661

1921.




See footnotes on p. 57.

56
MISCELLANEOUS—Continued.
INDEX NUMBERS—Continued.
Based on data from Government and non-Government sources.
[Numerical data on opposite page.]

[ Table continued from page 5J^.\

YEAR AND MONTH.

WHOLESALE
PRICE,
SMOKED
HAMS.

HYDRAULIC MACHINERY.

New
orders.

Relative
to 1913.

1922.
January..
February.
March
April
May....
June
July....
August.
September..
October
November..
December..
1923.
January..
February.
March....
April
May
June
July
August
September.




133
161
184

46
47
59

188
181
159

141
140
128

124

122
122
124
128
127
127
130

STEEL
BARRELS
AND
DRUMS.

RUBBER
IN
UNITED
KINGDOM.

EMI
PLOYMENT
IN
CANADA.

Shipments.

New
orders.

Stocks.

Per
cent.

Relative
to 1916.

Relative
to 1919.

Relative
to 1920.

Relative
to 1921.

94
83
114

100
100
98
101

77.9
78.9
81.9

127

42
109
175

CAPE
COD
j CANAL
TRAFFIC.

Unfilled
orders.

Relative to 1919.

Relative to •
Jan., 1920. !

81
82
66

65
62
60
62

78
103
133

65
80
75
64

64
72
90
84

53
60
61
61

61
70
79
85

128
136
133
163

200
117
123
87

103
105
105
105

83.3
89.2
91.1
93.1

92
75
84
91

79
81
86
106

74

96
118
130
138

142
137
115
94

92
82
105
97

103
100
100
106

93.7
94.6
95.8
95.1

91
115
129
125

96
112
124

81
92
104
110

115
84
132
74

94
140
135

132
153
112

107
102
92
86

86.3
89.5
89.9
87.6

128
123
137

107
107
100

101
68
77

137
120
110

84

80

91.4
97.3
99.5

186
188

Shipments.

PREPARED
ROOFING.

90
96

73

See footnotes on opposite page.

57
MISCELLANEOUS—Continued.
NUMERICAL DATA—Continued.
Data from Government and non-Government sources—Continued.
[Index numbers on opposite page.]
[ Table continued from page 55.]

YEAE AND MONTH.

WHOLESALE
PRICE,
SMOKED
HAMS.

Dollars.

HYDRAULIC MACHINERY.
CAPE COD
CANAL
TRAFFIC.
New
orders.

Shipments.

Unfilled
orders.

Thousands of dollars.

Tons.

PREPARED
ROOFING.

STEEL
BARRELS
AND
DRUMS.

RUBBER
IN
UNITED
KINGDOM.

Shipments.

New
orders.

Stocks.

Thous. of
roof
squares.3

Number.

Tons.

1922.
0.221
.267
.306
.309

January..
February.
March
April

3,888
3,723
3,568
3,685

81,500
107,832
138,554
100, 111

1,949
1,723
2,360
2,649

133,874
67,858
175,534
280,999

76,539
76,337
75,332
77,142

1,078

3,148
3,566
3,638
3,624

63,873
73,395
82,542
88,258

2,660
2.829
2,766
3,397

321,069
188,288
198,129
140,262

79,148
80,658
80,412
80,259

766

894

774

1,051
1,064
846

May....
June
July....
August.

.313
.313
.301
.264

1,080
1,327
1,236
1,054

September..
October
November..
December..

.235
.232
.213
.206

1,523
1,246
1,387
1,515

1,015
1,042
1,114
1,365

3,942
4,119
4,339
4,438

99,967
123,207
135,096
144,377

2,956
2,847
2,396
1,960

146,769
132,050
169,480
155,166

79,124
76,763
76,757
81,081

January..
February.
March
April

.202
.203
.206
.212

1,506
1,908
2,138
2,078

1,112
1,244
1,448
1,606

4,849
5,514
6,195
6,595

119,172
87,960
138,015
76,732

1,908
1,952
2,917
2,814

157,377
211,019
246,060
179,801

82,144
78,385
70,649
65,491

May
June
July
August
September..

.211
.211
.217

1,491
1,600
1,384

1,648
1,587
1,765

6,407
6,378
5,987

105,767
71,389
79,970

2,853
2,486
2,279

134,474
157,153
109,548

60,918

825
924

1,156

1923.

1
Wholesale price of smoked ham at Chicago, average of weekly prices, from Department of Labor, Bureau of Labor Statistics; hydraulic machinery, including single and
duplex steam pumps, power pumps, and centrifugal pumps, from The Hydraulic Society, covering about two-thirds of the industry; Cape Cod Canal traffic from Boston
Cape Cod & New York Canal Company; prepared roofing from the Prepared Roofing Manufacturers' Association, prorated to 100 per cent of the industry from reports received
from 60 to 90 per cent of the machine capacity; new orders for steel barrels and drums from Steel Barrel Manufacturers' Association; stocks of rubber in the United Kingdom,
representing stocks at wharves and warehouses in London and in six recognized public warehouses at Liverpool, from the Rubber Groiocrs' Association (British); Canadian
employment data from reports of about 5,800 manufacturing firms to the Dominion Bureau of Statistics.
2 Nine months' average.
s A roof square is 100 square feet as laid on a roof.
< January, 1920.




58

WORLD PRODUCTION OF COTTON.*
World total.

Country

New crop available

Peru.

United
States.

Mexico.

June.

August.

August.

India.

Egypt.

Brazil.

November. September. September.

Thousands of bales (478 pounds net).
Normal consumption (1909-1913)
1,453

387
282
281

1,337
980
1,048

345

1,304

339

999
1,155

126

3,324
4 850
3,013
3,735

612

1,251
902

> 115

•4,348

553

1,015

106

13,033

193

129
113
127

16,135
11 192
11,450

108

1915
1916

24,630
18 470
18,970

1917

18 370

125

11 302

135

12,041
11,421

203

1918
1919

18,580
19 925

1920
1921

20 940

129
155
164

10,330

157

1922, latest estimates
1923, latest estimates

17,795
11,516

95
103

199
188

13,440
7,954

9,762
10,788

i From private sources.

3,584
4,356
3,126
3,756
3,390

322

20,660

1909-1913 average
1914

384
451

»1922 acreage 12,496,000 compared with 11,976,000 in 1921.

WORLD PRODUCTION OF WHEAT *
Country

World total.

Argentina.

Australia.

India.

United
States.

Spain.

Italy.

France.

January.

January.

March.

July.

August.

August.

August.

Germany. Rumania. Canada.
August.

August.

September.

Millions of bushels.
Normal consumption
(1900-1913)

1909-1913 average
1914
1915
1916
1917
1918
1919
1920
1921

1922, latest estimates
1923, latest estimates

64

37

301

3,577
3,586
4,199
12,609
12,288

157
114
169
173
80

85
103
25
179
152

351
312
377
323
282

12,804
12,743
12,868
13,069

184
172
214
170

115
76
46
146

13,105

181
189

129
109

531

136

236

361

221

34

116

687

183
171

87
49
89

140

317
283
223
205
135

152
146
142
a 110

637

130
116
139
152
143

197
161
394
263
234

370
280
377
250

921
968
833
814

136
129
139
145

183
170
141
194

226
«187
<237
*323

»86
'80
<83
«108

«18
'66
<70
«76

189
193
263
301

366
369

862
789

125
142

162
199

«243

«72

<83
107

400
383

891
1,026
636

170
177

78

«82

4
i1 Russia excluded. No accurate statistics are available.
New boundaries.
Excludes Alsace-Lorraine.
» Former kingdom, Bessarabia and Bukowina.
«Excludes Dobruja.
• Data compiled by U. S. Department of A gricutture, Bureau of A qricuUurdl Economics, and corrected monthly in accordance with latest available information received
by that department or by Department of Commerce, Bureau of Foreign and Domestic Commerce- Countries are placed in the order in which crops are harvested. United
States estimates as of September 1; other estimates revised to August 20.




59
WORLD PRODUCTION OF CANE SUGAR AND FLAXSEED.*
CANE SUGAR.
United
Java. j States.i

World

FLAXSEED.

Brazil, i Hawaii.

j Porto
Rico.

Cuba.

India.

Dec.

Dec.

Dec.

total.

YEAR.

May

Oct.

Oct.

Nov.

World
total.

Thousands of short tons.
1909-1913 average
1914
1915
1916
1917
1918
1919
1920
1921

(

9,971
11,293
12,776
13,442
14,508
13,324
13,799
13,656
14,715

1,514
1,054
1,797
2,009
1,960
1,478
1,473
1,579
1,858

311
247
139
311
246
284
122
176
<328

14,840

1,993

«295 i

...

1922 latest estimates

»38
344
486
413
493
440
496
580
676
•532

•592

406
485

3,957
4,597
4,209

490
408

4,408
•4.476

2,614
2,757
2,950
3,05S
3,708
2,617
3,361
2,826
2,911

»379

•4,183

*3,347

363
346
484
503
454

2,295
2,967
3,437
3,442

110,992
94,559
103,287
82,151
41,063
61,821
61,692
87,964

1923 latest estimates
1

1

* Exports.

Louisiana and Texas.

liTnl ad ii a
a.

Jan.

Apr.

; United
cn.«,*«o Canada.'
States.
Aug.

Aug.

Thousands of bushels.

567
646
593
645
577
600
556
522
522

ArgenMn«
Una.

From private sources.

31,989
36,928
45,040
39,289
4,032
19,58S
30,775
42,038

19,870
15,448
15,880
19,040
21,040
20,600
9,400
16,760

50,470

10,800

32,272
46,297

17,360

19,505
13,749
14,030
14,296
9,164
13,369
7,256
10,774
8,029
11, 700
19, 400

12,040
7,175
10,628
8,260
5,935
6,055
5,473
7,998
4,112
5.009
5,607

« Louisiana and Texas.

WORLD PRODUCTION OF BEET SUGAR *
United
total.* | States.

World

Germany.

CzechoSlovakia.

Belgium.

,,
w
K u sos oi la o

»

France.

Italy.

Spain.

Denmark. Sweden.

YEAR.

Thousands of short tons.
8,432

610

8,331

722

1915

6,056 i

374

1916

5,808 1

821

1917

5,208
4,592

765
761
726

1909-1913 average
1914

.

1918

3,490 i
4,997 :
5,465

1919
1920
1921

.

.

1922 latest estimates
1923 latest estimates

'

1,089
< 1,074

2,296
2,721
1,678
1,721
1,726

1,017
1,004
812
805
584

1,726
1,879
1,824
1,457
1,134

279
239
293
263

264
286
215

1,484

688
559

318
86

249

182

106

770
726

55
55

808
1,212
1,429
1,635

* 5,622

11 217

1

246
316

276
215
120
140
136

759 j

209

334
150 i
204

166
166
160

221

128
168
143
124
149

162

116
112
117
139
154

121

120

169

156

263

78
152

171 |

185

195
198

314
382

268
325

370
<315

;

150
244

91
104
80

149
168
158

292

*291

«301

»291

»172

«102

4

!

496

154
170
140
151
144
141
141

181
259

j
1
Crops in all countries here given are harvested beginning in September.
» From private sources.
«Includes Ukraine; data from private sources.
*Refined sugar in terms of raw on the basis of 95 per cent of the raw.

WORLD PRODUCTION OF RICE.*
Country

World total.

India.

Egypt.

1

United
States.

Italy.

Spain.

Japan.

East
Indies.

Philippines.

Nov.

Dec.

Dec.

7,349
7,826

1,124
1,404
1,109
1,289
1,745
2,210
1,977
2,127
2,560

I

New crop available

Apr.

Apr.

Sept.

Aug.

Sept.

Millions of pounds (cleaned).
Normal consumption (1919-1913)

14,602

375 1

518

553

481

81
542

657
804

646
741

297
337

763

320

1,135
965

708

329
322

67,891

356

14,009
17,909
17,569
18,360
17,143
17,184
19,106
19,849
17,336

3,323
3,465
7,051
6,430
5,669

373

18,951

6,451

1909-1913
1914

110 780
102,986

72,950
61,022

1915

73,526
77 932

237

1917

114 500
112 300
122,000

81,198

487

1918

97,400
117 200
90 777

1,166

662

412

1,446

997

394

120,797

692
607
634
472

1,072

1919

55,218
71,613
62,793
74,437

716
712

1,045

641

125,093

74,222

»33
41

1,166
905

• 633

1916

1920
1921
1922 latest estimates .
1923 latest estimates .

. . .

!.

282

2,681
2,703

1
Java and Madura. »Acreage about half of normal: Summer crop only given. " 1922 acreage 296,500 compared with 286,400 acres in 1921.
• Data compiled by U. S. Department of Agriculture, Bureau of Agricultural Economic*, and corrected monthly in accordance with latest available information received
by that department or by Department of Commerce, Bureau of Foreign and Domestic Commerce. Countries are placed in the order in which crops are harvested- United
States estimates as of September 1; other estimates revised to August 20.




60

SOURCES OF DATA.
CURRENT PUBLICATION. 1

DATE OF PUBLICATION.

I.—REPORTS FROM GOTERNMENT DEPARTMENTS, FEDERAL, STATE, AND FOREIGN.
AUSTRALIAN COMMONWEALTH'S B U REAU OF CENSUS AND STATISTICS.
BANK OF JAPAN
BRITISH BOARD OF TRADE
CANADIAN DEPARTMENT OF LABOR..
CANADIAN DEPARTMENT
AND COMMERCE.
FEDERAL
FEDERAL
FEDERAL
FEDERAL

OF

TRADE

FARM LOAN BOARD
RESERVE BANK OF ATLANTA
RESERVE BANK OF BOSTON.
RESERVE BANK OF CHICAGO.

FEDERAL RESERVE BANK OF CLEVELAND.
FEDERAL RESERVE BANK OF DALLAS. .
FEDERAL RESERVE BANK OF KANSAS
CITY.
FEDERAL RESERVE BANK OF N E W
YORK.
FEDERAL RESERVE BANK OF PHILADELPHIA.
FEDERAL RESERVE BANK OF RICHMOND.
FEDERAL RESERVE BANK OF SAN
FRANCISCO.
FEDERAL RESERVE BOARD

FRENCH MINISTRY OF LABOR AND
SOCIAL WELFARE.
ILLINOIS DEPARTMENT OF LABOR
INDIAN DEPARTMENT OF STATISTICS..
INTERSTATE COMMERCE COMMISSION.

MASSACHUSETTS
DEPARTMENT
OF
PUBLIC UTILITIES.
N E W YORK STATE DEPARTMENT OF
LABOR.
NEW YORK STATE DEPARTMENT OF
PUBLIC WORKS.
PANAMA CANAL
PENNSYLVANIA DEPARTMENT OF LABOR AND INDUSTRY.
D. S. DEPARTMENT OF AGRICULTUREBUREAU OF ANIMAL INDUSTRY.
U.S. DEPARTMENT OF AGRICULTURE—
B U R E A U OF A G R I C U L T U R A L
ECONOMICS.

U. S. DEPARTMENT OF AGRICULTUREFOREST SERVICE.
U.

S. DEPARTMENT OF COMMERCEBUREAU OF THE CENSUS.

Price index for Australia.

Federal Reserve Bulletin.

Price Index for Japan
Price index for United Kingdom
Price Index for Canada
Employment in Canadian trade-unions
Operations of Canadian employment service...
Foreign trade of Canada
Canadian railroad operations
Canadian iron and steel production
Agricultural loans by land banks
Wholesale trade
Savings deposits in First Fed. Res. Dist..
Savings deposits in Seventh Fed. Res. Dist..
Agricultural pumps
Savings deposits in Fourth Fed. Res. Dist..

Federal Reserve Bulletin
Second week of month.
British Board of Trade Journal
Labour Gasette (Canadian)
Monthly.
Labour Gazette (Canadian)
Semimonthly.
Labour Gazette (Canadian)
Semimonthly.
Foreign trade of Canada
Monthly.
Operating Revenues, etc., of Railways *... Monthly.
Press releases *
Not published
Monthly.
Business Conditions
Monthly.
Monthly Review
Monthly.
Business Conditions
Monthly.
Business Conditions
Monthly.
B usiness Review

Wholesale trade
Wholesale trade
Foreign exchange rates and index

Business Conditions..
B usiness Conditions..

Savings deposits in Second Fed.
Savings deposits in Third Fed.
Wholesale trade
Savings deposits In Fifth Fed.
Wholesale trade
Savings deposits in Twelfth Fed.
Wholesale trade
Foreign exchange index numbers
Debits to individual accounts

1

Federa Reserve Bulletin and daily stat ement.*
Res. Dist.. Monthly Review
Res. Dist.. Business and Financial Conditions
Business and Financial Conditions
Res. Dist.. Business and Agricultural Conditions
Business and Agricultural Conditions
Res Dist.. Business Conditions
Business Conditions
Federal Reserve Bulletin
Federal Reserve Bulletin and weekly press

Second week of month.

Monthly.
Monthly.
Daily and monthly.
Monthly.
Monthly.
Monthly.
Monthly.
Monthly.
Monthly.
Monthly.
Monthly (second week of month).
Sunday newspapers and monthly.

Condition of Federal reserve banks

Federal Reserve Bulletin and weekly press

Condition of reporting member banks

Federal Reserve Bulletin and weekly press
releases.*
Federal Reserve Bulletin

Friday morning newspapers and
monthly.
Friday afternoon newspapers and
monthly.
Monthly.

Federal Reserve Bulletin..
Federal Reserve Bulletin..

Monthly.
Monthly.

Federal Reserve Bulletin..

Monthly.

Federal Reserve Bulletin
Federal Reserve Bulletin
Federal Reserve Bulletin
Federal Reserve Bulletin
Federal Reserve Bulletin
Bulletin de la Statisque Generale

Monthly.
Monthly.
Monthly.
Monthly.
Monthly.

Money held outside U. S. Treasury and Federal reserve system to July 1,1922.
Wholesale price index numbers
Department store trade: in cooperation with
National Retail Dry Goods Association.
Index numbers of department store, mailorder, and chain store trade.
Barley and rye receipts
Sales of loose leaf tobacco
Index of ocean freight rates
Index numbers of production
Wholesale trade
Price index for France
Employment in Illinois
Price index for India
Railway revenues and expenses
Telephone operating revenue and income
Telegraph operations and income
Express operations and income
Milk receipts at Boston

The Employment Bulletin
, Monthly.
Federal Reserve B ulletin
Second week of month.
Preliminary statement of operations of Monthly.
Class I roads.
Not published
,
Not published
,
Not published
,
Not published

New York State factory employment and
earnings.
New York State canal traffic

Labor Market Bulletin and press releases •. Monthly
Annual report

Yearly.

Panama Canal traffic
,
Unemployment in Pennsylvania.,
Beef, pork, and lamb production..

The Panama Canal Record

Last weekly issue of month.
Semimonthly.

Prices of farm products to producer.
Wool stocks in dealers' hands
Crop production
Cold-storage holdings and fish frozen
Movement of cattle, hogs, and sheep
Receipts of butter, cheese, eggs, and poultry.
Production of dairy products
Car lot shipments of fruits and vegetables
Farm labor, wages, supply, etc
World crop production
Live stock on farms
Total lumber production from 1913 to l§20-..
Wood pulp production, 1914 and 1916
Cotton ginned
Cotton consumed and on hand
Active textile machinery
Leather, hides, and shoes, production and
•tocks.
Cottonseed and cottonseed oil
Hosiery statistics
Men's and boys' clothing
Malleable castings
Wheat flour production from May, 1923
Pyroxylin coated textiles
Stokers, sales from January, 1923
Stocks of tobacco held

Semimonthly report *

Last weekly Issue of month or first
of next month.
Monthly.
Monthly Crop Reporter *
First weekly issue of month.
Market Reporter *.
, Releases about 1st of month (cotton)
and 10th (other crops).
Monthly
Crop *Reporter* and press Fourth
Market Reporter
weekly Issue of month.
Market Reporter *
Third weekly issue of month.
Market Reporter»
Weekly.
Market Reporter»f
Quarterly,
Market Reporter
Third wetkly issue of month.
Monthly Crop Reporter *
Monthly.
Foreign crops and markets *
Wetkly.
Market Reporter »
Annually.
Production of Lumber, Lath, and Shingles. Yearly.
Pulp wood consumption and wood-pulp Yearly.
production.
Semimonthly during season.
Preliminary report on ginnings*
Preliminary report on cotton consumed... 15th of month.
Reports on wool machinery and on cotton 20th of month.
spindles.*
Census of bides, skins, and leather *
First week of month.

Market Reporter *

Preliminary report on cottonseed
Press release *
Press release *
Press release *
Press release *
Press release *
Press release *
Statement on stocks of leaf tobacco

18th of month.

Quarterly
(one month after end of
v
quarter).
Wool consumption and stocks
Press release.
Quarterly.
• Multigraphed or mimeocraphod sheets.
» This is not necessarily the source of tae figures published in the SUEVBY as many of them are obtained direct from the compilers prior to publication In the respective Journals. This column and the right-band column have been added to assist readers in obtaining current statistics between publication date* ef the STOVEY.
•Beginning Jan. 7,1922, combined into new publication called, Weather, Crops, and Market*, issued weekly.




61
SOURCES OF DATA—Continued.
CUB*«NT PUBLICATION.

DATE OF PUBLICATION.

I.—REPORTS FROM GOVERNMENT DEPARTMENTS, FEDERAL, STATE, AND FOREIGN—Continued.
Production indexes of raw materials and
manufactures.
Fats and oils, production, consumption, and
stocks.
Fabricated structural steel sales from April,
1922.
Automobile production from July, 1921
Sugar statistics
Steel castings sales
Steel furniture shipments
Earnings of public utilities
Plumbing goods price index
Fish catch at principal fishing ports

U. S. DEPARTMENT OF COMMERCEBUREAU OF THE CENSUS—Contd.

U. S. DEPARTMENT OF COMMERCEBUREAU OF FISHERIES.
U. S. DEPARTMENT OF COMMERCEBUREAU OF FOREIGN AND DOMESTIC
COMMERCE.

Tonnage of vessels, entered and cleared in
United States foreign trade.
Data on trade, employment and coal and iron
production of foreign countries.
Wholesale price of wool
Warehouse stocks of rice

Quarterly (one month after end of
quarter).
1.5th of month.

Press release *
Press release *
Press release •
Press release *
Survey of Current Business.
Survey of Current Busimess.
Monthly statement

20th of month.
20th of month.
20th of month.
20th of month.
Monthly.
Monthly.

Monthly Summary of Foreign Commerce.
(Parti.)1
Monthly Summary of Foreign Commerce.
(Part II.)
Various foreign sources

Middle of next month.

Last week of month.

Wholesale Prices
Monthly Summary of Foreign Commerce.
(Part II.)
Commerce Reports

Vessels under construction and vessels completed.
Building material price indexes

U.S. DEPARTMENT OF THE INTERIOR—
U. S. PATENT OFFICE.
U. S. DEPARTMENT OF LABOR—EMPLOYMENT SERVICE.

Moathly.

Press release *

All imports and exports

U. S. DEPARTMENT OF COMMERCEBUREAU OF NAVIGATION.
U. S. DEPARTMENT OF COMMERCEBUREAU OF STANDARDS.
U. 8. GRAIN CORPORATION
U. S. DEPARTMENT OF THE INTERIORBUREAU OF MINES.
U. S. DEPARTMENT OF THE INTERIORGEOLOGICAL SURVEY.

Survey of Current Business..
Statistics of fats and oils * . . .

Yearly.
Monthly.
First weekly issue of month (Mondays).

Not published

Wheat flour production, prior to July, 1920
Refined petroleum products, production, etc..

No longer published
Refinery Statistics *

Portland cement, production,
Coal and coke production

Report on Portland cement output *
Weekly report on production of coal *

Crude petroleum, production, etc
Electric power production
Consumption of fuel by public utility plants.
Annual figures on nonferrous metal production.
Patents granted

Preliminary statistics on petroleum *
Production of electric power *
Production of electric power *
Mineral Resources

Second week of month.
j 20th of month.
; Second or third weekly issue of m onth
(Saturdays).
25th of month.
I End of month.
! End of month.
Annually.

Not published

Number on pay roll—United States factories.. Industrial Survey *
Employment agency operations
Report of Activities of State and Municipal Employment Agencies.
Immigration and emigration statistics
I Not published

U. S. DEPARTMENT OF LABOR—BUREAU OF IMMIGRATION.
U. S. DEPARTMENT OF LABOR—BUREAU OF LABOR STATISTICS.

Wholesale prices of commodities, including
farm products, food, clothing, metals, etc. i
Wholesale price index
\
Retail price index of foods
I
Retail coal prices
j
United States postal savings
|
Postal receipts
;
Passports issued
I
Government debt, receipts and disbursements.
Moaey in circulation from July 1, 1922
Domestic receipts of gold at mint
i

U. S. POST OFFICE DEPARTMENT
U. S. DEPARTMENT OF STATE..
U. S. TREASURY DEPARTMENT.
U. S. TREASURY
DEPARTMENTBUREAU OF THE MINT.
U. S. TREASURY DEPARTMENT—BUREAU OF INTERNAL REVENUE.

First week of month.
Every 4 or 5 weeks.

Wholesale Prices of Commodities..
Monthly Labor Review
Monthly Labor Review
Monthly Labor Review
Postal Savings News Bulletin
Statement of Postal Receipts *
Not published
Daily Statement of the U.S. Treasury.
Circulation of money
Not published

Monthly.
Monthly.
Monthly.
12th of month.
7th of month.
10th of month.
Last day of month.
Monthly.

Oleomargarine production
Not published
Consumption of manufactured tobacco, snuff, Statement of tax-paid products *
cigars, cigarettes, and oleomargarine.
\
Internal Revenue taxes on specified articles... Classified collections of Internal Revenue.
Iron ore movement
j Monthly statistical report
Sault Ste. Marie Canal traffic
i Monthly statistical report
Barge traffic on Mississippi River
i Not published

First week of month.
25th of month.
Monthly during season.
Monthly during season.

U. S. WAR DEPARTMENT—ENGINEER
CORPS.
U. S. WAR DEPARTMENT—MISSISSIPPI
WARRIOR SERVICE.
WAR FINANCE CORPORATION
Agricultural loans
j Not published in form used
WISCONSIN INDUSTRIAL COMMISSION. . . Wisconsin factory earnings and employment..! Bulletin on Wisconsin labor market *

15th of month.

II—REPORTS FROM TRADE ASSOCIATIONS AND PRIVATE ORGANIZATIONS.
(Excluding individual firms reporting data to be combined with other firms or trade associations.)
Building costs

ABERTHAW CONSTRUCTION CO
ABRASIVE PAPER AND CLOTH MANUFACTURERS' EXCHANGE.
AMERICAN MANUFACTURERS ASSOCIATION OF PRODUCTION FROM CORN.
AMERICAN BUREAU OF METAL STATISTICS.

AMERICAN
AMERICAN
AMERICAN
AMERICAN
AMERICAN

Sale of abrasive paper and cloth
Corn ground into starch, glucose, etc

FACE BRICK ASSOCIATION..
IRON AND STEEL INSTITUTE
PETROLEUM INSTITUTE
PIG IRON ASSOCIATION
RAILWAY
ASSOCIATION

(Car Service Division).

!

AMERICAN TELEPHONE AND TELEGRAPH Co.
AMERICAN WALNUT MANUFACTURERS'
ASSOCIATION.
AMERICAN WRITING PAPER COMPANY.
AMERICAN ZINC INSTITUTE
ANTHRACITE BUREAU OF INFORMATION
ASSOCIATED KNIT UNDERWEAR MANUFACTURERS' ASSOCIATION.
ASSOCIATION OF LIFE INSURANCE
PRESIDENTS.
BOSTON, CAPE COD AND NEW YORK
CANAL CO.
BOSTON CHAMBER OF COMMERCE




Copper production
Silver production
Lead production
Zinc production in Belgium
Zinc stocks in United Kingdom
Face brick production, stocks, etc
Steel ingot production
Gasoline and kerosene consumption
Merchant pig iron production, etc
Freight car surplus
Freight car shortage
Car ladings
Bad-order cars
Stockholders in the company
Walnut lumber and logs

Construction trade papers.
Not published
Not published.
Not published
Not published
i Not published.
Not published.
Not published
published
Press release to trade papers *
Special statement
Not published
Car Surplusages and Shortages *.
Car Surplusages and Shortages *.
Information Bulletin *
Information Bulletin *
Financial papers

| 7th of month,

Weekly.
Weekly.
Weekly.
Third week of month.
Quarterly.

Not published.

Purchases and sales of paper
Production and stocks of zinc
Anthracite shipments and stocks..
Knit underwear production

Not published
Press release to trade papers *
Statement of anthracite shipments *
Monthly report *

New life insurance business

Not published

l

Cape Cod canal traffic

Not published

j

Receipts of wool at Boston

Trade papers

I Daily.

• Multigraphtd or mimtographed shotte.

15th of month.
15th of month.
: Monthly.
[

» Imports and exports of gold and silver in Part II.

62
SOURCES OF DATA—Continued.

II.—REPORTS F R O M TRADE ASSOCIATIONS AND PRIVATE ORGANIZATIONS—Continued.
(Excluding individual firms reporting data to be combined with other firms or trade associations.)
BBIDGE BUILDERS AND STRUCTURAL
SOCIETY.
BUREAU OF RAILWAY ECONOMICS

CALIFORNIA REDWOOD ASSOCIATION...
CALIFORNIA WHITE AND SUGAR P I N E
ASSOCIATION.
CHICAGO BOARD OF TRADE
CLEVELAND TRUST CO
CONTAINER CLUB
CREDIT CLEARING HOUSE
DAIRYMEN'S LEAGUE COOPERATIVE
ASSOCIATION, INC.
F. W. DODGE CO
EMPLOYERS' ASSOCIATION OF DETROIT.
ENAMELED SANITARY MANUFACTURERS
ASSOCIATION.
FEDERATION OF IRON AND STEEL

MANUFACTURERS (B ritish).
F E L T MANUFACTURERS ASSOCIATION...
FINE COTTON GOODS EXCHANGE
FOUNDRY
EQUIPMENT
MANUFACTURERS' ASSOCIATION.
HAFFARDS, G. M. & Co
HYDRAULIC SOCIETY
ILLUMINATING GLASSWARE GUILD
IOWA-NEBRASKA CANNERS' ASSOCIATION.
JACKSONVILLE CHAMBER OF COMMERCE
LAKE SUPERIOR IRON ORE ASSOCIATION.
LEATHER BELTING EXCHANGE
MAPLE FLOORING MANUFACTURERS'
ASSOCIATION.
MCLEAN BUILDING REPORTS, LTD
MERCHANTS' EXCHANGE OF ST. LOUIS. .
MICHIGAN HARDWOOD MANUFACTURERS' ASSOCIATION.
MINNEAPOLIS CHAMBER OF COMMERCE.
NATIONAL ALLIANCE OF CASE GOODS
ASSOCIATION.
NATIONAL ASSOCIATION OF BRASS
MANUFACTURERS.
NATIONAL ASSOCIATION OF BUTTON
MANUFACTURERS .
NATIONAL ASSOCIATION OF CHAIR MANUFACTURERS.
NATIONAL ASSOCIATION OF CORRUGATED AND FIBER BOX MANUFACTURERS.
NATIONAL ASSOCIATION OF FARM
EQUIPMENT MANUFACTURERS.
NATIONAL ASSOCIATION OF STEEL
FURNITURE MANUI^CTURERS.
NATIONAL ASSOCIATION OF SHEET AND
TIN PLATE MANUFACTURERS.
NATIONAL ASSOCIATION OF WOOL
MANUFACTURERS.
NATIONAL AUTOMOBILE CHAMBER OF
COMMERCE.
NATIONAL BOTTLE MANUFACTURERS'
ASSOCIATION.
NATIONAL CONTAINER CLUB (merger

of statistical activities of two old
associations).
NATIONAL INDUSTRIAL CONFERENCE
BOARD.
NATIONAL PAVING BRICK MANUFACTURERS' ASSOCIATION.
NATIONAL RETAIL DRY GOODS ASSOCIATION.
NATIONAL WOOD CHEMICAL ASSOCIATION.
N E W ORLEANS BOARD OF TRADE
N E W ORLEANS COTTON EXCHANGE
N E W S PRINT SERVICE BUREAU
N E W YORK COFFEE AND SUGAR E X CHANGE.
N E W YORK METAL EXCHANGE
N E W YORK TRUST COMPANY
NORTH CAROLINA P I N E ASSOCIATION..
NORTHERN HEMLOCK AND HARDWOOD
MANUFACTURERS' ASSOCIATION.
NORTHERN PINE MANUFACTURERS'
ASSOCIATION.
OAK FLOORING MANUFACTURERS' A S SOCIATION.
OHIO FOUNDRYMEN'S ASSOCIATION...
OPTICAL MANUFACTURERS' ASSOCIATION.
PENNSYLVANIA RAILROAD CO
PENSACOLA CHAMBER OF COMMERCE..

PmLADELPHIA MlLK EXCHANGE
PORTLAND CEMENT ASSOCIATION
PREPARED ROOFING MANUFACTURERS1
ASSOCIATION.
PULLMAN COMPANY




Fabricated structural steel sales before April, No longer published
,
1922.
Summary of operating statistics.
Number of tons carried 1 mile
Not published
Average receipts per ton-mile
Summary of operating statistics.
Passengers carried 1 mile
Not published
Railway employment
Locomotives in bad order
Not published
Per cent of earnings on valuation
Not published
Redwood lumber production, etc
Not published
Sugar pine lumber production, etc
Not published

Monthly.
Monthly.

Wheat, corn and oats, receipts, etc
Automobile production, monthly January,
1920, to June, 1921.
Production of paper box board through April,
1923.
Credit conditions
Milk deliveries to milk plants

Trade papers
Not published currently..
Not published.

Daily.

Credit..
Not published

Weekly.

Building statistics—Contracts awarded.
Detroit factory employment
Enameled sanitary ware

Statement on Building Statistics.
Weekly press release
Not published

Monthly.

British iron and steel production

Trade papers

Second week of month.

Roofing felt production, stocks, etc
Fine cotton goods production and sales
Foundry equipment production

Not published
Trade papers

,

Monthly.
Quarterly.

Fall River Mill dividends
Bradstreets
Hydraulic machinery shipments, etc
Not published...
Illuminating glassware production, orders, etc. Not published...
Unsold stock of sweet corn
Weekly report*.

Weekly.
Weekly.

Naval Stores Review.,
Turpentine and rosin receipts
Consumption and Stocks of Lake Superior Iron Monthly report*
Ore.
Monthly report (not published).
Sales of leather belting
Not published
Maple flooring production, etc
Canadian building contracts
Receipts and shipments of lead and zinc
Mississippi River traffic
Hardwood and softwood lumber, production
and shipments.
Linseed oil and oil-cake shipments
Unfilled orders and shipments of furniture
Brass faucets, orders and shipments
Button stocks, activity, etc
Chair shipments and unfilled orders
Production of paper box board through April,
1923.
Agricultural pumps
Steel furniture shipments

Canadian Building Review
Receipts and shipments at St. Louis
Not published
Not published

Monthly.
3d of month.

Monthly statements
Not published in form used.
Not published
Weekly.

Weekly report
Not published in form used.
Not published
Business conditions
Reserve).
Not published

(Chicago

Federal

Sheet-metal production and stocks

Not published

1913 figures for active textile machinery

No longer published

Production and shipments of passenger cars
and trucks.
Glass bottle production index

Traffic bulletin * (production figures not
published).
Not published

Monthly.

Second week of month.

Production of paper box board since April, 1923 Not published
Cost of living..
Paving-brick production, etc

Monthly press release.

21st of month.

| Monthly report

Department store trade {see Federal Reserve ! Federal Reserve Bulletin.,
Board).
\
Production of wood alcohol and acetate oflime.: Not published

Monthly.

Rice distribution through New Orleans
Cotton receipts into sight
Canadian newsprint production, etc
Coffee receipts, stocks, etc

First week of month.
First week of month

j Monthly
! Monthly
Monthly
! Monthly

report
report
bulletin
statement

Stocks of tin
! Trade papers
The Index.
Indexes of stock and bond prices
Not published..
North Carolina pine, production, etc
Hemlock and hardwood lumber production, Not published..
etc.
Northern pine lumber and lath
Not published
Oak flooring, production, etc

j Not published

Ohio foundry iron production
Spectacle frames and mountings, sales, etc
Stockholders in the company
Turpentine and rosin receipts
Milk receipts at Philadelphia
Cement paving contracts
Shipments of prepared roofing..

\ Monthly report * (not published).,
j Not published
j Financial papers
I Naval Stores Review
Not published.
Concrete Highway Magazine.
Not published

Pullman passenger traffic.
Not published..
• Multigraphed or mimeographed sheets.

First week of month.
First week of month.
Monthly.

Quarterly.
Weekly.
Monthly.

SOURCES OF DATA—Continued.
CURRENT PUBLICATION.

DATE OF PUBLICATION.

I I . - R E P O R T S FROM TRADE ASSOCIATIONS AND PRIVATE ORGANIZATIONS-Continued.
(Excluding individual firms reporting data to be combined with other firms or trade associations.)
REFRACTORIES MANUFACTURERS' A S SOCIATION.
RICE MILLERS' ASSOCIATION
ROPE PAPER SACK MANUFACTURERS'
ASSOCIATION.
RUBBER ASSOCIATION OF AMERICA
RUBBER GROWERS' ASSOCIATION
SAVANNAH BOARD OF TRADE
SAVINGS BANKS ASSOCIATION OF STATE
OF N E W Y O R K .
SILK ASSOCIATION OF AMERICA
SOUTHERN
FURNITURE
MANUFACTURERS' ASSOCIATION.
SOUTHERN P I N E ASSOCIATION
STEEL BARREL MANUFACTURERS' ASSOCIATION.
STEEL FOUNDERS' SOCIETY
STOKER MANUFACTURERS' ASSOCIATION.
STRUCTURAL STEEL SOCIETY
TANNERS' COUNCIL
TUBULAR PLUMBING GOODS ASSOCIATION.
T W I N CITY MILK PRODUCERS' ASSOCIATION.
U. S. STEEL CORPORATION

UNITED TYPOTHETAE OF AMERICA...
WEST COAST LUMBERMEN'S ASSOCIATION.
WEBBING
MANUFACTURERS'
EXCHANGE.
WESTERN
PINE
MANUFACTURERS'
ASSOCIATION.

Fire-clay brick production, etc
Silica brick production, etc
Rice receipts, stocks, etc
Shipments of rope paper sacks

i Not published...
i Not published...
| Monthly report..
I Not published...

Automobile tires, tubes, and raw material
Rubber stocks in England
Turpentine and rosin receipts
Savings banks deposits in New York State

\
'
;
'

Raw silk consumption, etc
Furniture shipments and unfilled orders
Yellow pine production and stocks
Steel barrel shipments; orders, etc
Sales of steel castings
Sales of stokers through December, 1922..
Sales of fabricated structural steel
Leather production through May, 1922...
Tubular plumbing sales

| Monthly press release to trade papers *
Not published in form used
Not published in form used
Monthly reports * (not published)..
Not published
,
No longer published.
Not published
Not published
Semiweekly reports.

Monthly reports (not published)
j
Bulletin of Rubber Growers Association...! Monthly.
Weekly.
Naval Stores Review
Not published
|

Milk production, Minnesota

Not published.

Unfilled orders
Earnings
Stockholders
Wages of common labor
Printing activity
Douglas fir lumber production, etc.

Pressrelease*.
Press relea
Financial papers
Special reports*
Typothetae Bulletin.
Not published

Sales of elastic webbing

Not published.

Western pine lumber production, etc..

Not published.

5th of month.

10th of tnmon.
Monthly.
Quarterly.
Occasionally.
Monthly.

DATE OF PUBLICATION.

IIL-REPORTS FROM TECHNICAL PERIODICALS.
AMERICAN METAL MARKET.
T H E ANNALIST

T H E BOND B U Y E R .
BRADSTREET'S

BULLETIN DE LA STATISTIQUE GENERALE
CHEMICAL AND METALLURGICAL ENGINEERING.
COAL AGE
COMMERCIAL AND FINANCIAL CHRONICLE

Dow,

JONES & Co.

(WALL STREET JOURNAL) .

DUN'S REVIEW.
ELECTRICAL WORLD
ENGINEERING AND MINING JOURNAL-PRESS.
ENGINEERING N E W S RECORD.
FINANCIAL POST
FRANKFURTER ZEITUNG
HAY TRADE JOURNAL
IRON AGE
IRON TRADE REVIEW
LONDON ECONOMIST
LUMBER
MANUFACTURERS' RECORD
MILK REPORTER
MODERN MILLER
NAVAL STORES REVIEW
N E U E ZURICHER ZEITUNG
N E W YORK JOURNAL OF COMMERCE.

N E W YORK EVENING P O S T .
NORTHWESTERN MILLER

OIL, PAINT, AND DRUG R E P O R T E R . . .
OIL TRADE JOURNAL
PRINTERS' INK
PUBLISHERS' WEEKLY
RUSSELL'S COMMERCIAL NEWS
STATISTICAL SUGAR TRADE JOURNAL.
SVENSK H A N D E L S T I D N I N G




Composite pig iron and steel prices
First or second week of month (daily).
First weekly issue of month (Mondays).
New York stock sales
,
Weekly (Mondays).
New York closing stock prices
Weekly (Mondays).
Foreign exchange rates, 1914 to 1918
First weeklyissue of month (Saturdays).
State and municipal bondissues
First weeklyissue of month (Saturdays).
Municipalbond yields
Weekly (Saturdays).
Visible supply of wheat and corn
First weeklyissue of month (Saturdays).
Bank clearings, United States and Canada
Second weeklyissue of month (Saturdays).
Wholesale priceindex
First weeklyissue of month (Saturdays).
Business failures, Canada
Monthly.
Price index for France
Weekly (Wednesdays).
Chemical price index
Weekly (Thursdays).
Mine price of bituminous coal
Weekly
(Saturdays).
Cotton (visible supply)
Weeklv (Saturdays).
Interest rates
Second
or
third weeklyissue of month (Saturdays).
Mail order and chain store sales
Last issue of month.
New corporate securities
First
week
of month (daily).
New York bond sales
First week of month (daily).
New York bond prices
20th
of
month
(daily).
Mexican petroleum shipments
First weeklyissue of month (Saturdays).
Business failures
First
weeklyissue
of month (Saturdays).
Wholesale price index
First weekly issue of month (Saturdays).
Sales of electrical energy, central stations
Second
weeklyissue
of month (Saturdays).
Rand gold production
Second weeklyissue of month (Saturdays).
Silver prices
First
weeklyissue
of
month.
Construction cost and volume index
Weekly (Thursdays).
Canadian bond issues
Monthly.
Price index for Germany
Weekly (Fridays).
Hay receipts
First weeklyissue of month (Thursdays).
Pig-iron production
Weekly (Thursdays).
Composite finished steel price
Iron and steel prices
I Weekly (Thursdays).
Railway freight car orders
! First weeklyissue of month (Thursdays).
Price index for United Kingdom
! 10th of month.
Price indices of lumber
i First weeklyissue of month (Fridays).
Southern construction
' Monthly.
Monthly.
Southern bond issues.
Milk receipts at Greater New York
| Weekly.
Argentine visible supply of wheat and corn
! Weekly.
Turpentine and rosin, receipts and stocks
| Weekly (Saturdays).
Price index for Switzerland
First week of month (daily).
;1 Dividend and interest payments
First week of month (daily).
New capital issues
First week of month (daily).
New corporations
10th of month (daily).
i Fire losses
Not published.
I Newspaper advertising
Weekly (Wednesdays).
; Flaxseed, receipts, etc
Weekly (Wednesdays).
: Argentine grain shipments
! Wheat 1)our production for 1917
Wreekly (Mondays).
I Price indices of drugs, oils, etc
Weekly (Mondays).
i Argentine shipments and supply of flaxseed
10th of month (monthly).
Mexican petroleum shipments
Second week of month.
\ Magazine advertising
Third week of month.
; Book production
Weekly compilation (daily).
i Wheat flour production, from July, 1920
i Sugar stocks, receipts, meltings, and Cuban statistics.... Weekly (Fridays).
i Price index for Sweden
• Multigraphed or mimeographed.

O