Full text of Survey of Current Business : September 1923
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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 / ?! 120 i no V V. \ \\ \ 1 1920 AVERAGE \ i 70 ft / / 90 80 \ • ?*/ *»' r r \ V/V v #/ / { \ \ \ 0 J 41 s . if f/ J923 1922 INDEX NUMBERS OF MINERAL PRODUCTION. (Average monthly production 1919—100.) t / / t 9 50 40 r V \ \ 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 I92(F 60 40 20 < -3 in LL DC Q_ < z D D Q. LU o o > o O Z LU 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 \ g / -—- J v Z 20 z < z m D -a 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 \ \\ 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 \ 2• \ \« \ O ••••' « 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. / \A > 3 _i 6 2 . / J \ 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