Full text of Survey of Current Business : September 1928
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UNITED STATES
DEPARTMENT OF COMMERCE
WASHINGTON
SURVEY OF
CURRENT BUSINESS
SEPTEMBER, 1928
No. 85
COMPILED BY
BUREAU OF THE CENSUS
IN COOPERATION WITH
BUREAU OF FOREIGN AND DOMESTIC COMMERCE
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BUREAU OF STANDARDS
IMPORTANT NOTICE
In addition to figures given from Government sources, there care also incorporated for ypmpleteness of
service figures from Other sources generally accepted by the trades, the authority and responsibility
for which are noted in the " Sources of Datb" on pages 139-142 of the August, 1928, semiannual issue
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Subscription price of the SURVEY OF CURRENT BUSINESS is $1.50 a year; single copies (monthly), 10 cents, semiannual issues^ 25 cents.
Foreign subscriptions, 32.25; single copies (monthly issues), including postage, 14 cents; semiannual issues, 36 cents. Subscription
price of COMMERCE REPORTS is 34 a year^; with the SURVEY, 35.50 a year. Make remittances only to Superintendent of Documents,
Washington, 0. C., by postal money order, express order, or New York draft. Currency at sender's risk. , Postage stamps or foreign
money not accepted
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0. 5.ftOVERHHEHTFR1HTINS OFFICE: 19Za
INTRODUCTION
The STTKVEY OF CURRENT BUSINESS is designed to
present each month a picture of the business situation
by setting forth the principal facts regarding the various lines of trade and industry. The figures reported
are very largely those already hi existence. The
chief function of the department is to bring together
th&se data which, if available at all, are scattered
in hundreds Of different publications, A portion of
these data are collected by Government departments,
other figures $re compiled by technical journals, and
still others are reported by trade associations.
At semiannual intervals detailed tables are published giving, for each item, monthly figures for the
past two years and yearly comparisons, where available, back to 1913; alsd blanfc; lines sufficient for six
months have been left at the bottom of each table,
enabling those who c«ire to do s6 to enter new figures
as soon as they appear (see August, 1928, i^sue). In the
intervening months the more important comparisons
only are given in the table entitled "Trend of business movements."
WEEKLY SUPPLEMENT
Kealizing jbhat current statistics are highly perishable and that to be of u$e they must rea^h the business
man at the earliest possible moment, the department
has arranged to distribute supplements every week to
subscribers in the United States. The supplements are
usually mailed on Saturdays and give such information
as has been received during the week ending on the
preceding Tuesday. The monthly information contained in these bulletins is republishkd in the SUBVEY,
and the supplement^ also contain charts and tables
of weekly data.
RELATIVE AND INDEX NUMBERS
To facilitate comparison between different important items and to chart Series expressed in different
units, relative numbers (often called "index numbers/' a term referring more particularly to a .special
kind of Dumber, described below) have been calculated. The monthly average for 1923-1925 has
usually been used as a base equal to 100.
The relative numbers are computed by allowing the
monthly average for the base year or period to equal
100. If the movement for a current month is greater
than the base, the relative number will be greater than
100* and vice versa. The difference between 100 and
the relative number will give at once the per cfent
increase Or decrease compared with the base period.
Thus a relative number of 115 means an increase of 15
per, cent over the base period, while a relative number
of 80 means a decrease of 20 per cent from the base.
Rdative numbers may also be used to calculate the
approximate percentage increase or decrease in a movement from one period to the next. Thus, if a relative
number at one month is 120 and for a latet month it
is 144 there has been an increase of 20 per ce&t.
When two or more series of relative numbers are
combined by a system of weightings, the resulting
series is denominated an index number. The index
number, by combining many relative numbers, is
designed to show the trend of an, entire group of
industries or for the country as a whole, instead of for
the single commodity or industry which the relative
number covers. Comparisons with the base year or
with other periods are made in the same manner as in
the case of relative numbers.
RATIO CHARTS
In most instances the charts used in the SURVEY
OF CURRENT BUSINESS are of the type termed "Ratio
Charts" (logarithmic scale), notably th§ Business
Indicator charts on page 2. These charts show the
percentage increase and aUow direct comparisons
between the slope of one curve and that of any other
curve regardless of its location on the diagram; that
is, a 10 per cent increase in an item is given the same
vertical movement whether its curve is,near the bottom or near the top of the chart. The difference
between this and the ordinary arithmetic form of
chart can be made clear by an example. If a certain
item having a relative number of 400 in one month
increases 10 per cent in the following month, its
relative number will be 440, and on an ordinary
chart would be plotted 40 equidistant scale points
higher than the preceding months. Another movement with a relative number of, say, 50 also increases
10 per cent, making its relative number 55. On the
ordinary (arithmetic) scale this item would rise only 5
equidistant points, whereas the previous item rose 40
points, yet each showed the same percentage increase.
The ratio charts avoid difficulty and give to each
of the two movements exactly the same vertical rise,
and hence the slopes of the two lines are directly
comparable. The ratio charts compare percentage
changes, while the arithmetic charts compare absolute
changes.
RECORD BOOK
As an aid to readers in comparing present data
with monthly statistics in previous years, the department is compiling a RECORD BOOK OF BUSINESS
STATISTICS, in which data now carried in the SURVEY
OF CURRENT BUSINESS are shown by months as far
back as 1909, if available. Full descriptions of the
figures and reports of how the data are used in actual
practice by business firms are contained in the RECORB
BOOK. The sections covering textiles and metals have
already been issued and may be obtained for 10 cents
per copy from the Superintendent of Documents, Government Printing Office, Washington, D. C. (Do not
send stamps.) Notices of other sections will be given
in the SURVEY as they are issued.
METHODS OF USE
Methods of using and interpreting current business
statistics have been collected by the department
from many business concerns and are described in a
booklet entitled "Ho^.to Use Current Business
Statistics/' together with methods of collecting statistics. This booklet may be obtained from the
Superintendent of Documents, Government Printing
Office, Washington P. C., at 15 cents per copy. (Do
not send stamps.)
This issu* presents practically complete data for the month of July and contains text covering the early weeks of
August (page 1), for which the basic figures in table and chart form are presented regularly in the weekly supplements.
As most data covering a particular month's business are not available until from 15 to $0 days after the close of the month,
n complete picture of that month's operations can not be presented at an early date, but the weekly supplements give
every week the latest data available.
UNITED STATES DEPARTMENT OF COMMERCE
SURVEY OF
CURRENT BUSINESS
COMPILED BY
B U R E A U OF THE C E N S U S
IN
COOPERATION
WITH
BUREAU OF FOREIGN AND DOMESTIC C O M M E R C E AND B U R E A U OF STANDARDS
WASHINGTON
No. 85
September, 1928
CONTENTS
SUMMARIES
Preliminary summary for August
Business conditions in July
JVIonthly business indicators (table and chart)
"Wholesale prices (table and charts)
Indexes of business
Automobiles building mining manufacturing (charts)
Electric power, transportation (charts)
INDEX BY
Page
1
4
2 3
6 7
15
g
8
Textiles
Metals and metal products. _
Fuels
Automobiles and rubber
Hides and leather _ _
Paper and printing
_
_
Building construction and housing
Lumber products _
Stone, clay, and glass products _ _
Chemicals and oils
Foodstuffs and tobacco
Transportation and public utilities _
Employment and wages
Distribution movement (trade, etc.)_
Banking, finance, and insurance
Foreign exchange and trade _ _ .
NEW DETAILED TABLES
Fresh fish landings
Index of new orders
Census of manufactures 1927
California white and suffar Dine
SUBJECTS
18
18
48
AQ
_ _
Text
page
Table
page
9
10
11
11
11
11
12
12
12
12
13
14
5
14
14
14
21
23
27
27, 28
29
30
31
33
34
35
37
40
42
43
43
46
PRELIMINARY SUMMARY FOR AUGUST
Commercial transactions during the greater part of
August, as reflected by check payments, were greater
than in the corresponding period of last year. The
value of new building contracts was less than a year
ago. Operations at steel plants continued higher than
the corresponding period of last year during August
and were also higher than in July, 1928. Factory
employment in Detroit, indicating to a large extent
conditions in the automobile industry, continued to
increase both over the previous month and over the
corresponding period of last year. Loans and discounts of member banks of the Federal reserve system
showed little change during August, declining from
the high point in July but being still far above a year
ago. Interest rates on call money again rose to the
high levels reached in the early part of July, while
time money rates rose to new high marks.
The wholesale price index continued its rise from
the low point in June and showed little change during
7931—28
1
the month. Prices for wheat and cotton declined,
while iron and steel and copper prices showed little
change during the month.
Stock prices continued to rise from the low point in
June, while bond prices fell below the level of a year
ago. Brokers' loans were slightly higher than in the
latter part of July and also considerably above a
year ago. The Federal reserve ratio continued at
about the same level as at the end of July but higher
than in either of the two previous months. Business
failures were more numerous than in the corresponding
month of 1927.
The production of lumber fell behind last year,
while bituminous coal production was close to the
corresponding 1927 level. Car loadings of freight were
slightly higher than a year ago, continuing the trend
first noted in July of improvement over last year.
Petroleum production rose slightly, but was still below
a year ago.
(1)
MONTHLY BUSINESS INDICATORS, 1923-1928
[ Ratio charts—see'explanations on inside front cover. The curves on check payments, wholesale trade, sales of mail-order houses and 10-cent chains, and department stores
havelbeen adjusted for normal seasonal variations, and that on manufacturing production for the varying number of working days in the month]
1924 I
1925
1926
1927 ! 1928
WHOLESALE TRADE
f 9 LINES)
sgB^ng^^W
1923 I 1924 I. '925 I 1926
60
MONTHLY BUSINESS INDICATORS
The principal business indicators are shown below, all calculated on a comparable basis, the average for the years 1923 to 1925
inclusive. Thus the table gives a bird's-eye view of the business situation in a concise form, so that trends of the principal indicators
may be seen at a glance.
Certain indicators, in which there is a marked seasonal movement, are shown with the average seasonal variations eliminated,
as noted below. In this manner a more understanding month-to-month comparison may be made.
MONTHLY AVERAGE
1923
ITEM
1924
1925
1928
1928
1927
1927 May June July Aug. Sept. Oct. Nov. Dec.
Jan. Feb. Mar. Apr. May June July
1923-1925 monthly average=100
Industrial production:
* Total manufacturing
Total minerals
Pig iron
Steel ingots
Automobiles
Cement
Lumber (5 species) .
Cotton (consumption)
Wool (consumption)
101.0
105.0
111.7
104.8
101.5
92.1
98.6
105.9
112.8
107.0
106.0
98.6
101.2
93.5
147.4
107.5
123.4
98.1
105.0
105.0
92.9
94.6
78.9
140.8
105.8
122.2
101.6
102.0
105.0
93.2
95.9
66.5
138.2
101.5
119.4
103.7
98.0
101.0
88.6
90.5
40.7
116.3
94.4
121.9
97.8
Raw material output:
Animal products
Crops
Forest products
C rude petroleum _ _
Bituminous coal
Copper
100.0 104.0 96.0 96.0 97.0 115.0 123.0 109.0 105.0
92.0 104.0 104.0 109.0 113.0 62.0 60.0 65.0 115.0
99.0 97.0 104.0 98.0 93.0 99.0 96.0 89.0 99.0
99.4 96.9 103.7 104.6 121.4 124.2 121.4 127.6 127.1
108.0 92.5 99.5 109.7 99.4 81.2 84.1 77.2 95.7
93.4 100.2 106.4 110.2 104.9 108.6 105.4 99.4 102.0
87.0
183.0
98.0
122.3
96.2
100.0
95.0
219.0
96.0
125.6
101.0
106.1
92.0 88.0 96.0 94.0 97.0 95.0
166.0 120.0 98.0 81.0 77.0 81.0
93.0 86.0 81.0 87.0 96.0 96.0
120.2 120.7 117.8 110.9 122.2 117.5
93.3 94.8 101.5 94.9 100.9 73.9
103.2 101.9 103.8 102.2 106. 6 105.7
Power and construction:
Electric power
Building contracts (37 States)
92.5
89.7
94.0
96.0
86.7
88.7
90.9
99.8
96.2
89,7
94.6
105.0
99.0
101.5
106.4
107.7
108.1
105.2
104.4
92.6
108.0
107.0
109.0
113.1
108.5
110.0
101.5
108.5
89.7
106.0
107.0
101.0
104.6
85.7
115.3
94.9
120.3
97.0
111.0
108.0
113.5
117.1
122.4
134.4
101.9
123.3
93.6
108.0
104.0
103.4
101.1
97.5
138.6
99.9
129.1
95.0
121.7
125.8
Stocks:
* General index
* Manfd. commodities (28)
Cotton
Copper (refined)
94 5 102.0 103.5 114.6 120.5 107.8 106.1
93.8 103.2 103.0 106.3 111.5 111.1 113.6
102.5 91.4 106.2 145.5 153.2 124.0 100.3
106.4 113.9 73.1 64.8 85.4 95.5 85.1
Employment:
Factories
106.6
Distribution (values) :
Bank debits, 141 cities
Wholesale trade
Department stores, sales
Mail-order houses, sales __
10-cent chains, sales ._
Imports
Exports
Transportation :
* Car loadings
Freight, net ton-miles
__
87.0
83.6
91.3
90.6
96.3 07.2
84.6
82.1
98.0
107.0
103.0
96.1
115.4
70.2
78.6
76.1
113.5
95.2
111.0
103.0
97.1
117.0
98.1
70.8
87.2
111.8
102.0
110.0
105.0
107.1
130.4
125.2
82.3
97.1
113.3
98.7
74.0 74.3
71.1 63.9
94.3
95.6
72.2
63.9
95.0
72.1
65.8
71.5
66,9
69.9
65.9
67.0
70.0
67.1 71.5
72,4 83.2
81.2 81.6
89.5 92.1
81.4
90.8
91.2
101.0
98.0
92.0
88.0
97 8
91.5
99.8
102.2
110.0
103.0
106.6
124.5
124.2
108.4
98.7
102.3
82.0
110.0
105.0
109.9
121.6
129.0
139.0
110.0
99.0
103.1
108.3
120.2
140.6
111.0
101.0
102.8
102.7
118.2
140.2
112.6
92.7
99.5
87.1
85.5
80.4
108.0 116.0 109.0
72.0 52.0 87.0
101.0 97.0 88.0
122.5 118.1 122.9
84.1 82.6 83.3
111.8 111.0 111.3
93.1
93.2
93.8
93.4
91.6
90.7
132.1
95.0
107.0
119.0
140.0
106.6
121.4
136.9
93.0
111.0
128.0
147.0
102.5
107.4
97.6 102.8 106.8 104.0 109.2 128.9 81.4 103 3 103.3 101.3 95.2
95.9 101.9 109 1 101.5 107 6 103.1 102.9 112.5 115.1 122,1 99.8
96.8
92.7
96.7
98.0
99.0
98.0
99.0
93.1
100.8
111.9
101.0
103.0
110.0
113.0
109.0
107.8
119.6
98.0
106.0
115.0
125.0
114.3
105.5
132.fi
95.0
106.0
120.0
138.0
107.9
106.8
117.
95.4
99.
112.
162.
171.
102.
127.7
95.0
103.0
118.0
132.0
107.3
103.6
116.7
95.8
99.fi
112.1
162.4
167. C
89.1
129.7
93.0
104.0
121.0
135.0
109.9
04.0
117.5
98.6
100.5
111.2
165.3
168.8
81.3
76.8
81.1
73.9
71.6
75.2
76.2
76.4
74.8
104.1 108.2 119.0 131.7 134.2 133.4 129.0 130.0 127.0 122.0 116.0 109.0 104.0
115.7 114.1 112.8 108.6 109.6 111.4 115.0 120.0 120.0 119.0 118.0 119.0 117.0
85.8 87.6 135.2 179.8 200.0 195.8 178.8 159.1 135.7 117.8 96.7 74.6 58.4
92,2 82.7 76.4 74.1 80.3 84.2 85.2 76.8 77.1 64.4 58.6 52.0 48.5
89.8
91.2
91.8
97.8 97.1 106.5 98.6 94.9 91.3 94.2 94.2 95.7 101.4 100.7 99.3 99.3 99.3 97.8 99.3
99.7 97.2 102.6 99.1 95 4 92.9 93.0 93.3 94.4 95.6
95.8 95.9 95.4 95.5 95.1
97.6 97.6 104.9 107.6 103.6 103 6 106.2 102.9 101.6 102.9 104.3 104.9 104.2 103.6 101.3 101.2
98.1 99.9 102.3 102.3 99.9 99.9 100.5 98.7 98.7 99.3 99.9 99.9 99.9 99.2 98.4 98.1
Finance:
Member bank loans and discounts 94.1 98.5 107.4 112. fl
Interest rate (commercial paper) . 116.2 90.0 93.5 100.9
Federal reserve ratio
99.0 104.1 96.9 96.0
Price, corporation bonds
96.4 99.8 103.6 108.0
Price, railroad stocks
86.0 96.1 117.9 133 4
Price, industrial stocks
91. S 122.0 132.4
86.
Failures (liabilities)
106.0 106. S 87.2 80.4
99.0
103.0
90.2
91.9
40.4
96.6
82.9
105.9
88.0
98.1 109.5 122.6 133.3 131.6 129.5 129.2 133.5 131.7 138.2 137.1 143.8 144.9 137.0 144.5 136.7 142.2 139.8 142.3
92.7 117.6 111.0 106.8 111.6 118.6 102.4 110.1 101.9 115.0 105.2 95.2 96.0 103.7 132.7 142.4 143.5 142.2 123.7
Unfilled orders:
General index
U. S. Steel Corporation
Prices:
Farm products, to producers
Wholesale, all commodities
Retail food
Cost of living (including food)....
106.0
100.0
98.8
92.7
81.3
140.1
96.5
110.9
84.1
127.8
95.0
103.0
127.0
139.0
98.9
90.1
115.7
98.6
103.2
111 4
167.3
177.3
101.8
137.6
100.0
111.0
133.0
140.0
114.2
98.7
117.3
92.8
101.4
112 f)
167.9
183.7
92.4
' Seasonal adjustments.
141.0
96.0
109.0
12-2.0
141.0
105.9
112.0
119.3
92.8
98.8
113.4
171.5
193.9
77.3
130.7
91.0
105.0
117.0
144.0
110.1
128.7
120.0
92.8
96.4
114.4
168. 1
186.4
85. 1
121.4
92.8
92.2
114.9
171.6
190.0
85.3
123.2:
92.8
86.
115.6
171.
193.
120.
142.1
95.1
105.0
113.0
140.0
104.6
108.2
149.6
97.0
105.0
116.0
142.0
108.7
97.8
164.8
92.8
105.0
113.0
142.0
117.8
110.8
98.0 101.8 129.0
97.2 95.7 105.8
121.9
92.8
95.6
115.8
169.1
193.fi
112.3
120.9
92.8
96.0
115.8
164.7
191.2
106.2
123.3
95.8
95.6
115.7
170.1
204.8
129.3
91.4
91.2
91.3
90.3
101.4 107.2 105.1 105.1
96.5 97.7 96.7 97.4
101.6 102.8 102.0 102.1
97.9 98.4 98.0 98.0
165.4
89.2
104.0
144.0
153.0
98.2
83.0
140.4
93.9
108.0
153.0
148.0
98.2
100.6
83.0 106.4 127.0
96.1 105.2 100.0
82.0
128.4
113.2
84.7
112.3
169.5
202.
66. C
126.6
119.0
88.9
110.9
170.3
206.1
69.8
161. 8
89.2
103.0
117.0
147.0
106.9
95.9
127.3
101.6
90. S
116. C
176. C
210.4
82. c
168.8
96.2
104.0
132.0
144.0
109.8
111.1
126.9
104.4
89.2
115.0
178.9
213.2
85.2
BUSINESS CONDITIONS IN JULY
PRODUCTION
Manufacturing output, after adjustment for seasonal
conditions, was greater than either the previous
month or a year ago, the principal gains over last year
being in iron and steel, automobiles, rubber tires, and
tobacco manufactures, while textiles showed the principal decline. The output of minerals and the marketings of animal and forest products were at about the
same level as last year, but crop marketings were
greater than in July, 1927.
COMMODITY STOCKS
The index of commodity stocks declined seasonally
during July and stood at the same figure as a year ago.
It should be noted that the revised index of stocks is
not corrected for seasonal variations. The index for
manufactured goods was slightly higher than a year
ago, while raw materials showed a slight decline. All
groups among manufactured goods showed increase
over July 31, 1927, except foodstuffs, lumber, rubber,
and chemicals and oils, while among the raw materials
increases among foodstuffs and chemicals and oils were
sufficient to offset declines in textiles and metals. All
groups of manufactured goods declined from June except leather and nonferrous metals, which remained
unchanged, and foodstuffs and paper, which increased
slightly.
PRODUCTION, STOCKS, AND UNFILLED ORDERS FOR MANUFACTURED COMMODITIES
[1923-1925 monthly average—100. Adjustment has been made for the seasonal movement and relative number of working days for production. Unfilled orders are
principally those of iron, steel, building materials, and textiles. July, 1928, is latest month plotted]
140
1924
1923
1925
SALES
The general index of unfilled orders increased both
over the previous month and over July, 1927. As
compared with June the textile and iron and steel
groups showed no change, while transportation equipment and lumber increased. Compared with a year
ago textiles and transportation equipment showed
declines in unfilled orders, while iron and steel and
lumber made increases.
Wholesale trade in July was larger than in June,
but slightly less than a year ago. Compared with
last year, women's clothing, meats, drugs, and groceries
1926
1927
1928
increased, hardware showed no change, while decreases
occurred in furniture, boots and shoes, drygoods, and
men's clothing. Sales of mail-order houses declined
seasonally from June, but were considerably larger
than in July, 1927. Sales of chain stores were generally less than in June, the usual seasonal condition, with
drug chains showing the only increases. As compared
with a year ago all classes of chains except cigars showed
considerable increases. Sales of department stores
also showed a seasonal decline from June, but were
larger than a year ago, while stocks of goods helds by
department stores declined slightly from both periods.
PRICES
The general index of wholesale prices remained the
same as in June at a level 4 per cent higher than a year
ago. Increases in food, textiles, and fuel and lighting
were offset by a decline in the miscellaneous group
while, as compared with a year ago, striking increases
were shown in farm products, food and hides and
leather products, with smaller increases in textiles and
metals. The miscellaneous group showed a large
decline from last year and fuels and house furnishings
declined slightly. Articles in all state of manufacture
show an almost uniform increase from a year ago and
only slight change from June.
The index of prices received by farmers for their
produce showed no change from the previous month,
as declines in grains and fruits and vegetables offset
increases in other groups. Compared with a year ago,
however, there was a considerable increase in this
index, all classes gaining except fruits and vegetables,
with cotton and meat animals showing the largest
gains.
FACTORY EMPLOYMENT, BY GROUPS
[1923 monthly average—100. July, 1928, is latest month plotted]
1923
1924
1925
1926
1927
!928
EMPLOYMENT
The general index of factory employment showed
the usual seasonal decline from June, food products
and leather alone showing increases, although several
groups showed no change. The principal declines
occurred in tobacco products, textiles, and stone, clay,
and glass products. Compared with a year ago, employment continued to show a decrease, but the
margin of decline was smaller. All groups declined
from a year ago except vehicles, which showed a considerable increase, and metal products other than iron
and steel, which showed no change. Pay-roll payments showed declines from both the previous month
and a year ago. Gains over June occurred only in
leather and food products, while chemicals remained
unchanged. Compared with last year, the pay-roll
gains were registered in vehicles, metal products other
1823
!924
1925
1926
1827
than iron and steel, paper and printing, and iron and
steel.
Reports from State and city agencies showed, in
general, the same employment trend as the national
figures, the principal exceptions being considerable
gains over June in Oklahoma, Wisconsin, and Detroit.
The Detroit gain over a year ago was especially marked
owing to the increased employment in the automobile
industry. Employment in the construction industries
in Ohio was seasonably larger than in June and about
the same as a year ago. Employment in trade unions,
after a continuous increase for several months, showed
a slight decline. Employment in anthracite mines
declined both from the previous month and a year
ago, with pay rolls showing even greater decreases.
Wages of common-rate labor were reported unchanged
for the United States as a whole but higher than a year
ago, although several districts showed marked changes.
6
WHOLESALE PRICES FOR SPECIFIED COMMODITIES
[Relative numbers,11926 monthly average taken as 100. July, 1928, is latest month plotted. Data from which these charts are drawn are given on the opposite page]
FLOUR, WINTER
WHEAT, WINTER
160
CORN, NO. 2
140
<S
120
100
^
..
•'
S
j
Wv **•
f
M«
«'
NS
/
^*
*•
OATS
kiee10
M* ^
;
^
/^
/
^
l£ ••
X
^
s
•*
.'
• •i
. ,
80
CATTLE, STEERS
180
s
N*
140
1*
HAMS, SMOKED
•
/
..
4 »*
•• •"
Xi
.^
t»
HEAVY
,t
V
160 - \
J20
HOGS,
BEEF, CARCASS
.t •
X
^•«• "H S
*
>•
•»
• ••
'*
100
*•
'• ..
t
»,
80
** •**
60
SUGAR, RAW
SUGAR,
120
^ **
••
/
••
»••
..
••
•,
^
•• ». • • <
RUBBER.CRUDE
COTTONSEED OIL
GRANULATED
•• • •
*fc «t
100 5*S
•es
x
^
80
»*^ BWB
if* 0**
..
••
"
•(
**
••
Sk *
60
120
•"»!
*•»•
**
r^
.*'
**
••<
«» •ac SE
**
.«
.8 4 ao 4 U4 J.4*4
**? •^ >
•'
••
•
• ,c
-
.•
^
.*
"" ••
tv
WOOL, >/4 BLOOD
COTTON PRINT CLOTH
COTTON YARN
COTTON, RAW
140
100
••
*•
•aam
•..
^
1**
•M
IBM
t
,•
•*'
COMBING
—
^*
•*
80
WORSTED YARNS
190
HIDES, PACKERS
SILK, RAW
*s X* /
160
ISO
• •t
100
M*
70
ii^ i*-°X,
LEATHER, CHROME CALF
180
140
X
100
Km ^•H mmai
***
^
t
X,
ss
«•
**
HM MM
MV
**
•••
..
•*
• • •• *
^
BITUMINOUS COAL
PETROLEUM
COKE
..'
**
PIG IRON, FOUNDRY
100
S
.•
•,4
••
MH HH •HM
60
120
LEATHER, SOLE, OAK
COPPER
•KB
mmi.i OBD ess
s-!
INGOTS
-u *£. 4^
ZINC
TIN
B^B
*s
80
*•»* 1^
i^ •Ml
P*
?^ ^i*i
• • ..
4<
^
60
STEEL
120
BEAMS
LUMBER, PINE, FLOORING
BRICK, COMMON,
CEMENT
..
100
**•
..
80
.^t ,B
..
,
•.
*'
60
i S 1 I I 1 % I I §( fi
i 1
i ii
3
••
1 1 i i I i 1 § 1 8 1 H i H 1 1 1 i\ i I i 1 1 N 1 H i
WHOLESALE PRICES FOR SPECIFIED COMMODITIES
* NOTE.—Prices to producer on farm products and market price of wool are from U. S. Department of Agriculture, Bureau of Agricultural Economics, nonferrous metals
from the Engineering and Mining Journal-Press, eicept tin, which is from the American Metal Marlcet. AU other prices are from U. S. Department of Labor. Bureau of
Labor Statistics. So far as possible all quotations represent prices to producer or at mill.
RELATIVE PBICE
ACTUAL PRICE
(dollars)
1926 average -100
Unit
COMMODITIES
June,
1928
July,
1928
July,
1927
Bushel
Bushel
Bushel
Pound
Ton
Pound
Pound
Pound
1.320
1.022
.836
.197
41.25
.0910
.0870
.1318
1.181
1.024
.779
.210
39. 27
.0919
.0964
.1225
1.273
.924
1.831
.155
26.59
.0713
.0858
.1144
107
147
56
133
158
141
75
113
98
146
45
131
152
141
74
114
87
147
42
139
144
142
82
106
96
127
103
98
97
110
71
103
94
132
99
103
98
110
73
99
Bushel
Bushel
Bushel
Bushel
Bushel
Bushel
Cwt
Pound
Pound
Cwt
Cwt . ..
Cwt
1.376
1.654
1.033
.714
.962
1.257
6.492
.214
.55
13. 556
10. 119
5.875
13. 031
1.300
1.521
1.080
.614
.833
1.125
9.069
.215
.55
14. 990
10. 855
5.375
15. 175
1.440
1.428
1.021
.477
.786
1.096
8.786
.180
.44
12. 300
8.975
5.313
14. 219
97
123
141
161
150
143
137
124
120
138
78
111
111
89
107
136
166
139
132
77
122
120
142
82
89
95
84
99
142
143
120
118
107
123
120
157
88
82
111
94
94
132
117
132
102
90
96
91
124
70
78
97
93
93
135
111
113
115
104
103
96
129
73
81
104
Barrel
Barrel.
Pound...
Pound...
Pound...
Pound...
Pound...
Pound...
Pound... .
Pound
7.950
7.180
.043
.059
.102
.212
.225
.215
.44
.215
7.813
6.920
.045
.059
.095
.182
.200
.243
.42
.215
101
105
104
107
89
122
134
67
100
94
94
99
100
108
86
129
132
70
98
94
87
89
97
104
85
139
146
77
100
94
94
97
107
110
78
104
110
80
96
94
93
95
104
107
81
111
117
79
93
94
Pound
Yard
Yard
Pound
Yard
Yard
Yard
Pound
Dozen pair.
.374
.077
.091
1.575
1.025
2.008
2.095
4.851
10. 290
.384
.079
.092
1.600
1.025
2.008
2.064
4.851
10. 290
.354
.075.087
1.350
.975
1.913
2.048
5.292
10. 780
106
105
99
110
99
100
97
81
85
104
102
98
110
99
100
97
78
85
107
105
99
112
99
100
95
78
85
97
97
90
92
94
95
95
89
93
99
99
94
94
94
95
95
85
89
Pound
Pound
Square foot .
Pound
Pair
Pair
.224
.266
.530
.680
6.750
5.000
.239
.278
.565
.670
6.750
5.000
.219
.226
.510
.510
6.400
5.000
175
170
132
153
106
102
160
154
117
155
106
102
170
160
125
153
106
102
139
116
106
112
100
99
156
131
113
116
100
102
Coal, bituminous, mine-run (composite price)
Net ton....
Coal, bituminous, prepared sizes (composite price)
Net ton....
Coal, anthracite, chestnut (composite price)
. ....
.
Long ton...
Coke, Connellsville (range of prompt and future) furnace— at ovens.. . Short ton. _
Petroleum, crude, Kansas- Oklahoma—at wells.
.
Barrel
3.973
4.307
12. 949
2.800
1.190
3. 956
4.306
12. 965
2.785
1.195
4.251
4.741
13. 148
3.044
1.155
92
89
93
66
63
92
90
94
68
63
92
90
94
68
63
99
99
94
77
61
99
99
96
74
61
Long ton..
Long ton..
Long ton..
Pound
Pound
Pound
Pound
Pound
18. 510
15. 450
32. 250
.1453
.193
.0630
.4794
.0616
18. 410
16. 000
32. 000
.1453
.193
.0622
.4704
.0620
19. 760
17. 500
33. 000
.1253
.177
.0634
.6406
.0623
92
88
94
103
100
73
79
82
90
83
92
105
101
75
73
84
89
86
91
105
101
74
72
85
97
96
94
90
93
76
103
85
96
94
94
91
93
75
98
85
M feet
Thousand-
36.40
13.50
36.16
13.50
38.31
11.75
80
82
81
82
80
82
86
82
85
71
Barrel
Cwt
Pound
Ton .
Cwt . ..
Cwt
1.600
1.850
.194
15.500
2.525
3.250
1.600
1.850
.193
15. 500
2.525
3.250
1.600
1.775
.349
15. 000
2.600
3.250
97
96
39
107
88
94
97
95
40
107
88
94
'97
95
40
107
88
94
97
95
77
103
91
94
97
91
72
103
91
94
May,
1928
June,
1928
July,
1928
June,
1927
July,
1927
FARM PRODUCTS-AVERAGE PRICE TO PRODUCER
Wheat
Corn ...
Potatoes
Cotton
.
Cottonseed
.
Cattle, beef
Hogs .. ...
Lambs
.
....
..
.
.
....
.. .
-
.
.
.
FARM PRODUCTS—MARKET PRICE
Wheat, No. 1, northern spring (Minneapolis) _ _
Wheat, No. 2, red, winter (Chicago)-Corn, contract grade No. 2, cash (Chicago) ....
Oats, contract grades, cash (Chicago)
.
Barley, feeding (Chicago)
.
......
. .
Rye, No. 2, cash (Chicago)
Tobacco, leaf, average sales, warehouse (Kentucky)
Cotton, middling upland (New York)
.
... .
Wool, & blood combing, Ohio and Pennsylvania fleeces (Boston)
Cattle, steers, good to choice, corn fed (Chicago).Hogs, heavy (Chicago)
.
.
.
Sheep, ewes (Chicago).
Sheep, lambs (Chicago)...
.. _. _.
...
Cwt
FOOD
Flour, standard patents (Minneapolis)
Flour, winter straights (Kansas City)
Sugar, 96° centrifugal (New York)
Sugar, granulated, in barrels (New York)
Cottonseed oil, prime yellow (New York)
Beef, fresh, carcass, good native steers (Chicago)
Beef, fresh, carcass, steers (New York) ...
..
Pork, smoked hams (Chicago)
.
Butter, creamery, 92 score (New York)
Oleomargarine, standard, uncolored (Chicago)
....
.....
.. .
..
7.355
6.444
.042
.057
.101
.229
.249
.236
.45
.215
TEXTILES
Cotton yarns, carded, white, northern, mule spun, 22-1 cones (Boston)
Cotton-print cloth, 64 x 60-38H"-5-35—yards to pound
Cotton sheeting, brown 4/4 Trion (New York)
Worsted yarns, 2/32's cross-bred stock, white, in skein (Boston)
Woman's dress goods, French, 39 inches at mills, serge...
Suitings, unfinished worsted— 13-ounce, mill
Suitings, serge, 11-ounce, 56-58 inch..
. .... . ... . .. _„..
Silk, Japan, 13-15 _ _
Hosiery, women's, pure silk, mill
LEATHER
Hides, green salted, packers' heavy native steers (Chicago)
Hides, calfskins, No. 1, country, 8 to 15 pounds (Chicago)
Leather, chrome calf, dull or bright "B" grades (Boston)
Leather, sole, oak, scoured backs, heavy (Boston)
.
Boots and shoes, men's black calf, blucher (Massachusetts)
Boots and shoes, men's dress welt tan calf (St. Louis)
...
. ..
FUEL
METALS
Pig iron, foundry No. 2, northern (Pittsburgh) ...
Pig iron, basic, valley furnace . .
Steel billets, Bessemer (Pittsburgh)
Copper ingots, electrolytic, early delivery (New York) _
Brass, sheets, mill . . .
...
..
Lead, pig, desilverized, for early delivery (New York)
Tin, Straits (New York)
Zinc, slab, western (St. Louis)
....
BUILDING MATERIAL AND MISCELLANEOUS
Lumber, pine, southern, yellow flooring, mill _ .
Brick, common red, domestic building (New York)
Cement, Portland, net without bags to trade, f. o. b. plant (Chicago
district)
_
_
Steel beams, mill (Pittsburgh)
Rubber, smoked sheets, New York. _.
Sulphuric acid, 66° (New York)
Wood pulp, sulphite, domestic, unbleached, news grade (New York).
Newsprint, rolls, contract, mill
8
NEW BUILDING CONTRACTS AND AUTOMOBILE PRODUCTION
[Relative numbers, monthly average, 1923-1925, taken as 100]
MINERAL PRODUCTION AND RAILROAD TON-MILEAGE
[Relative numbers, monthly average, 1923-1925, taken as 100]
FACTORY EMPLOYMENT, MANUFACTURING, AND ELECTRIC POWER PRODUCTION
[Relative numbers, monthly average, 1923-1925, taken as 100]
9
REVIEW OF PRINCIPAL BRANCHES OF INDUSTRY AND COMMERCE
TEXTILES
Wool receipts at Boston showed little change from
June but were less than a year ago, due to smaller
foreign receipts. Imports declined from June but
increased over July of last year. Consumption of
wool by textile mills declined from June and was
slightly less than a year ago. Similarly wool machinery
was less active than in June. Prices of wool and
woolens showed little change during the month.
Consumption of cotton in textile mills declined both
from June and from a year ago, exports and stocks
showing similar comparisons. For the first seven
in the previous month or a year ago. Reports of cotton
finishers showed declines both from June and from a
year ago in all items except new orders and unfilled
orders, which increased over June.
Imports, deliveries, and stocks of silk were less than
in June, while, compared with a year ago, imports and
warehouse stocks declined while deliveries and manufacturers' stocks increased. Silk-machinery activity
showed a decline in active looms from June while
spindles were more active. Compared with a year ago,
however, spindles and narrow looms showed less
activity while broad looms were more active. The
THE TEXTILE INDUSTRIES
[Relative numbers, monthly average 1923-1925, taken as 100. Where available, July, 1928, is latest month plotted]
1923
1924
1925
1926
1927
1924
192
1926
1927
months of the calendar year consumption and exports
were considerably below the 1927 period. Early
ginning reports showed less cotton ginned to August 16
than a year ago. Cotton prices averaged higher in July
than in June and were considerably above a year ago.
The activity of cotton spindles was less than in June
or a year ago and yarn production showed a falling off
from June but an increase over a year ago. Yarn
prices advanced over both periods. Shipments and
unfilled orders of cotton textiles continued to decline
while stocks rose slightly. The decline in fine cotton
goods production reflects the labor situation in New
Bedford. Prices of cotton goods averaged higher than
7931—28
2
1928
1923
1923
1924
1925
1926
1927
1928
price of raw silk was unchanged from June and was
lower than a year ago. Rayon imports declined both
from June and from a year ago while the price remained
unchanged.
Reports of dividends of cotton mills for the first six
months of the year showed declines from a year ago of
8 per cent in Fall River, 13 per cent in New Bedford,
but only 3 per cent in Spartanburg County, S. C.
Production of ocean-pearl buttons declined from the
previous month and a year ago, but the cumulative
was still ahead of last year. Sales of fur by dealers
increased over a year ago, but the cumulative was still
far behind last year.
10
METALS
Iron-ore shipments in July were larger than a year
ago, but stocks in all positions were smaller. Pig-iron
production showed little change from the previous
month, but increased over a year ago, although merchant furnaces showed a marked decline. Fewer
furnaces were in blast at the end of July than a month
or a year previous, but their capacity was larger than
a year ago. Pig-iron prices showed little change from
June and were lower than a year ago.
Steel-ingot production was slightly higher than in
June and considerably in excess of July, 1927.
Unfilled steel orders declined slightly from June, but
a year ago, although unfilled order were much heavier
than last year. New orders for machine tools, foundry
equipment, electric hoists, and electric overhead
cranes were all larger than a year ago, though only
cranes showed an increase over June Shipments of
washing machines were slightly less than in June, but
larger than a year ago, both for the month and the
year to date.
Copper production showed little change from June
but continued higher than a year ago. Exports
declined from June but were again higher than last
year. Stocks of refined copper declined from both
periods, while blister copper was held in larger quantities. Copper prices showed no change from June
THE METAL INDUSTRIES
[Relative numbers, monthly average 1923-1925, taken as 100. July, 1928, is latest month plotted. Curve covering zinc stocks is plotted from 12 months' moving monthly
averages plotted on the end month]
EXPORTS. REFINED
•*jv\
PRODUCTION
l\
v-
100
PRICE/
l V
COPPER
J_L
1923
1924
1925
1926
1927
1928
1923
1924
1925
1926
1927
1928
1923
1924
1925
1926
1927
1928
1923
1924
1925
1926
1927
1928
were much higher than a year ago. Declines from
both the previous month and a year ago were noted in
production and new orders for steel castings. Steel
sheets showed gains over last year for all items, and
also over June for all items except production and
shipments. Steel prices showed little change.
Structural-steel orders declined from a year ago, but
shipments were greater, while for fabricated steel plate
and for steel boilers increases were shown over both
periods. Steel furniture showed declines in shipments
and new orders of the business group over June, but
an increase in unfilled orders, while all three items
were much larger than a year ago. Shipments, stocks,
and new orders of enameled sanitary ware were generally smaller than in either the previous month or
but were considerably higher than a year ago. Imports
and deliveries of tin declined from both June and a
year ago, while stocks increased over both periods.
Tin prices averaged lower than in both periods.
Zinc production was about the same as in June and
larger than a year ago. Stocks of zinc declined from
June but increased over a year ago. The price of
zinc showed little change from either period. Lead
production declined from both periods and the price
was also slightly less. Babbitt-metal consumption
in July was slightly higher than a year ago but for the
year to date was lower than in the corresponding
period of 1927. The value of bookings by electric
manufacturers for the first six months of the year was
slightly higher than a year ago.
11
FUELS
HIDES AND LEATHER
The production of bituminous coal increased both
over June and a year ago, but the seven months' total
was less than last year. Prices continued to decline.
Anthracite coal production was considerably less than
in either the previous month or a year ago and showed
similar comparisons for the seven months' cumulative.
The price of anthracite advanced fractionally but was
slightly lower than a year ago. Production of both
beehive and by-product coke declined from June, the
decline in beehive over a year ago being more than
offset by an increase in by-product coke. Prices of
coke showed little change.
Production of hides, as shown by number of animals
slaughtered, declined from June and also from a
year ago, except that sheep and calves were slaughtered
in greater quantities than in July, 1927. Imports of
hides and skins declined from June but were much
larger than a year ago. Prices increased over both
periods. Sole leather production increased both over
the previous month and a year ago while exports of
both sole and upper leather decined from both periods.
The price of oak sole leather showed little change from
June but was much higher than a year ago. The
price of chrome calf increased over both periods.
THE FUEL INDUSTRIES
[Relative numbers, monthly average 1923-1925 taken as 100. July, 1928, is latest month plotted where data were available]
1923
1924
1925
1926
1927
1928
AUTOMOBILES
Automobile production, though slightly lower than
in June, was much higher than a year ago and for the
seven months' period showed an increase of about 11
per cent although truck production was less. Exports
of automobiles and of accessories were larger than in
either previous period, but foreign assemblies of
American automobiles declined from both periods.
While production of passenger cars in Canada declined
from June, trucks showed a large increase and exports
of both classes increased. Canadian production and
exports of automobiles, both taken as a whole, more
than doubled as compared with a year ago.
1923
1924
1925
1926
1927
1928
1923
1924
1925
1926
1927
1928
Production of shoes in July declined from both the
previous month and a year ago. Exports were larger
than in June but smaller than last year, although the
seven months' cumulative showed a large increase.
PAPER AND PRINTING
Production and shipments of newsprint paper in
both the United States and Canada declined seasonally
from June. Compared with a year ago, however, the
United States production and shipments were less,
while Canada showed an increase in both items. Imports of newsprint into the United States increased over
both periods, while mill stocks increased slightly over
the end of June but were much larger than a year ago.
12
BUILDING CONSTRUCTION
Awards for building construction declined from
June in both value and floor space, except for commercial buildings and public works and utilities, but
increases occurred from a year ago for all classes
except as regards value of public buildings and public
works and utilities. Construction costs showed little
change from June but were higher in general than a
year ago, although material costs were less. Fire
losses, though larger than in June, were much smaller
than in 1927.
compared with a year ago, shipments and unfilled
orders increased, while production and stocks declined. Terra-cotta orders declined from both periods
but in value were greater than a year ago. Porcelain
plumbing fixtures showed declines from June in new
and unfilled orders but increases in shipments and
stocks. Portland-cement production showed little
change from either the previous month or a year ago,
while shipments increased over both periods. Stocks
declined from June but increased over a year ago.
Fewer concrete-paving contracts were let in June than
THE AUTOMOBILE AND RUBBER INDUSTRIES
[Relative numbers, monthly>verage_1923-1925 taken as 100. Where available, July, 1928, is latest month plotted]
192119221923
1921
1
PNEUMATIC TIRES
i
1921
1922
1923
1924
1925
1926
1927
1928
LUMBER
Lumber output was slightly less than in June or a
year ago, most species except Southern pine and
Northern pine showing considerable decline, while
Northern pine alone increased over last year. Lumber
prices advanced slightly over June but were less than
a year ago. Production of flooring increased over
June but shipments, stocks, new orders and unfilled
orders declined except for unfilled orders of oak
flooring. Compared with a year ago, oak flooring
showed increases in all items, while maple flooring
showed declines in all items but new orders and unfilled
orders.
STONE AND CLAY PRODUCTS
Face-brick production, shipments, and stocks declined from June but unfilled orders increased, while
1921
1922'
i
I
|
j
!
LL jJ_L_uL!_L_LuJ-j_Jxub_J i i . i i n , 1 i ' i i : I . i I . .• '
1923
1924
1925
1926
.'..'.•.
1927
1928
in the previous month but more than a year ago.
Construction of Federal-aid highways was considerable less than in either period. The production of
plate glass declined from June but exceeded the corresponding month of last year.
CHEMICALS
Sulphur production for the first six months of the
year was less than a year ago and exports of sulphuric
acid were also less. Imports of nitrate of soda declined in July from both the previous month and a
year ago, but the seven months' total was far ahead of
last year. Imports of potash salts increased considerably in July and were slightly higher than a year
ago, while fertilizer exports and consumption declined
from both periods. Prices of drugs and chemicals were
slightly lower than in June but higher than a year ago.
13
FOODSTUFFS
The visible supply of wheat as well as receipts and
shipments at the principal markets increased considerably over a year ago, while exports, both for July
and for the seven months' period, were much smaller.
Prices of wheat and wheat flour declined from June
and were generally lower than a year ago, except for
red winter wheat. The visible supply of corn was less
than a year ago, but receipts and shipments were
greater. The price of corn averaged higher than in
June but prices of oats, barley, and rye declined.
receipts increased over a year ago, while storage holdings of case eggs declined and frozen eggs showed a
slight increase.
Sugar imports were less in July than a year ago, as
were meltings, but stocks of raw sugar at refineries
were much larger. Prices declined both from June
and a year ago. The Cuban movement of raw sugar
showed a decline in receipts and exports, but a slight
increase in stocks, as compared with last year.
Imports of coffee and also the visible supply were
larger than a year ago but receipts and clearances from
Brazil were less. The price of coffee increased both
THE TOBACCO INDUSTRIES
[Relative numbers, monthly average, 1923-1925, taken as 100. Where available, July, 1928, is latest month plotted]
UNMANUFACTURED TOBACCO
.EXPORTS
1923
1924
1925
1926
1927
1928
1927
1928
MANUFACTURED TOBACCO
l u l l , L l . l l l l l M
1923
1924
1925
1926
1927
1928
Total grain exports were less than in either the previous month or a year ago.
Movement and slaughter of cattle and sheep increased over a year ago, while hog receipts and slaughter declined, while shipments increased. Cold-storage
holdings of beef declined from last year, pork showed
little change while mutton increased. Prices of livestock and meats were generally considerably higher
than in June and also higher than a year ago, except
for pork products. Exports of beef declined from a
year ago, while pork products showed an increase.
Receipts and cold-storage holdings of butter declined from last year but the price increased. Receipts
of cheese also declined from a year ago, but storage
holdings were greater, as was the price. For eggs,
1923
1924
1925
1926
from June and from July, 1927. Imports of tea show a
considerable increase over both the previous month
and a year ago, with the seven months7 cumulative
showing a slight gain over last year. Stocks of tea
in England continued to decline but were much larger
than a year ago. The price of tea showed no change
from June and a decline from last year.
Although receipts, shipments, and stocks of rice
declined from a year ago, exports were much larger.
Car-lot shipments of apples were almost twice as large
as a year ago, potatoes showed a small increase in
car-lot shipments, and onions and citrus fruits made
declines. The seven months' cumulative, however,
shows increases for potatoes and onions and declines
for apples and citrus fruits.
14
TRANSPORTATION
Traffic through inland waterway canals was considerably larger than in July of last year, as was Mississippi
River traffic, but on the Ohio and Allegheny Rivers
traffic declined slightly and the Monongahela showed
only a slight increase. Ocean traffic in foreign trade
increased over both the previous month and a year ago.
Carloadings on the railroads were slightly higher than
a year ago, although only the grain and miscellaneous
classes increased. Orders for locomotives increased
over both periods but shipments and unfilled orders
deposits of Federal reserve-banks all declined during
the month, while with the total reserve increasing the
reserve ratio was higher. Member banks showed
declines in deposits, loans and discounts, and investments. Brokers' loans declined slightly during the
month but were still higher than a year ago.
Interest rates were, in general, higher in July than in
June, time loans showing a particularly large rise.
Business failures were fewer than in June but had
larger liabilities. Compared with a year ago, both
failing firms and their liabilities were smaller. Interest
WHOLESALE TRADE
[Relative numbers, monthly average 1923-1925 taken as 100. July, 1928, is latest month plotted. Curves are adjusted for seasonal variation]
n I i i Ii i Iii I M I i iI
1923
1924
100
DRUGS
LU-LuJj-LLLLJj.d-1 I I I I I I LJi-LLLLJ
1925
(25
1926
1927
1928
declined. Hotel-room occupancy declined both from
the previous month and a year ago.
DISTRIBUTION
Mail-order and chain-store sales declined from the
previous month but increased over a year ago. Postal
receipts also declined from June but were slightly larger
than last year. A similar comparison is shown for
magazine advertising.
BANKING AND FINANCE
The amount of new life insurance written for all
classes except industrial was seasonally less than in
June but larger than a year ago, while all classes showed
an increase in number of policies. Check payments
declined seasonally from June but increased over a year
ago. Discounts, note circulation, investments, and
80 i l I i i I i ill
1923
Ll I I I I
924
192
payments were higher than a year ago but dividend
payments slightly smaller, due to a decline in industrial
payments.
GOLD, SILVER, FOREIGN EXCHANGE, AND TRADE
Gold receipts were much less than a year ago and
production and stocks of silver also declined. Exports
of gold continued in large" volume, while for silver there
was a slight excess of imports during the month as
compared with an export surplus a year ago.
Foreign exchange quotations on the principal countries showed no change except for declines on Italy,
Belgium, England, Japan, India, and South American
countries. Imports of merchandise showed little
change from either the previous month or a year ago.
Domestic exports declined slightly from June but were
higher than a year ago, and for the year to date showed
an increase of 3 per cent in value.
15
INDEXES OF BUSINESS
The index numbers presented in this table are designed to show the trend in production, prices, trade,
etc., by commodities or groups. They consist in general of weighted combinations of series of individual relative
numbers; often the individual relative numbers are also given. The function of index and relative numbers
is explained on the inside front cover. All of the index numbers, except where noted, are based on the average
of the years 1923 to 1925, while maxima and minima are given only since 1923, thus eliminating the abnormal
period prior to 1923. Complete descriptions and figures for earlier years may be found in the following issues
of the Survey (later data being available in the latest semiannual issues): Production, in the July, 1928, issue
(No. 83), pages 18 to 22; stocks in the August, 1928, issue (No. 84), pages 20 to 22; new orders in the September,
1928, issue (No. 85), page 19; unfilled orders in the January, 1928, issue (No. 77), pages 22 and 23; wholesale
trade in the January, 1928, issue (No. 77), page 21; mail-order and chain stores in the May, 1928, issue (No. 81),
pages 20 and 21; department stores in the April, 1928, issue (No. 80), pages 20 and 21; employment, based on
1923 as 100, in the August, 1928, issue (No. 84), page 108; farm prices, in the August, 1928, issue (No. 84), page
27; wholesale prices (Department of Labor), in the November, 1927, issue (No. 75), page 24, and the June, 1928,
issue (No. 82), page 23; wholesale prices, commercial, in the August, 1928, issue (No. 84), page 26; cost of
living in the August, 1928, issue (No. 84), page 27, and the June, 1926, issue (No. 58), page 24.
Relative to 1923-1925 monthly average as 100
Minimum
since
Jan. 1,
1923
114
113
81
83
113
111
107
108
103
106
110
109
108
108
114
113
121
121
106
118
110
134
117
122
121
153
156
126
79
83
59
77
92
91
90
47
86
92
87
84
66
93
113
111
116
116
103
112
95
103
100
108
111
132
127
122
107
108
105
121
102
112
93
95
105
109
108
134
131
116
101
106
103
118
96
114
95
84
113
111
106
136
124
109
111
110
117
107
96
121
91
108
96
113
111
150
134
120
124
120
125
133
124
134
116
124
125
123
84
90
77
1
88
0
82
93
75
85
109
108
94
117
120
120
107
108
113
90
108
104
91
102
120
101
105
114
112
93
103
100
87
75
124
99
101
109
116
94
134
421
131
148
160
187
79
26
76
68
64
44
115
135
93
143
135
142
133
348
89
110
160
153
331
205
199
251
346
266
45
38
60
55
11
22
62
57
115
93
57
29
113
112
151
161
148
80
80
54
18
66
99
97
117
113
91
May
PER CENT INCREASE (+)
OR DECREASE (— )
1928
1937
Maximum
since
Jan. 1,
1923
July, 1928,
from
June, 1928
July, 1928,
from
July, 1927
106
109
-1.9
+ 0.9
+ 3.9
+ 3.8
108
110
112
109
93
117
92
119
105
112
115
153
145
126
107
111
121
101
89
-0.9
+ 0.9
+ 8.0
-7.3
-4.3
+ 5.9
+ 4.7
+ 17.5
-14. 4
-7.3
96
120
109
117
112
155
156
125
+ 4.3
+ 0. 8
+ 3.8
+ 4.5
-2. 6
+ 1.3
+ 7.8
0. 8
+ 1.1
+ 42. 9
-3.5
+ 5.4
+ 5.7
+ 14.0
+ 25.8
+ 14. 7
104
105
93
114
119
80
110
113
100
85
104
99
89
74
117
107
110
117
99
93
103
101
94
66
119
103
113
117
97
84
-0.1
+ 2. 0
+ 5. 6
-10.8
+ 1.7
-3. 7
+ 2.7
0. 0
-0.2
-9.7
0.0
+ 1.0
+ 8.0
-12. 0
-4. 0
+ 4. 0
+ 11. 9
+ 5. 5
-16. 4
-10.6
109
421
76
81
142
154
107
195
90
139
115
156
116
378
83
106
147
168
108
387
78
92
138
154
-6.9
+ 2.4
-6.0
-13. 2
-6.5
-8.7
-0.9
-8. 1
+ 2. 6
+ 13.6
-2.8
0.0
60
76
130
91
31
28
65
116
99
114
12
25
73
84
136
94
56
23
53
56
164
75
24
24
87
147
107
164
28
22
+ 67.3
+ 162.5
-34. 8
+ 118. 7
+ 16.7
-8.3
+ 33.8
+ 26. 7
+ 8.1
+ 43.9
+ 133.3
-12.0
96
96
88
133
92
89
91
64
124
90
103
101
120
140
85
97
95
96
172
92
88
88
65
170
69
-9.3
-7.4
-32.3
-1.2
-25.0
June
July
May
June
July
PRODUCTION
TOTAL INDUSTRIAL
Unadjusted, except for working days.
Adjusted for seasonal variations
__ _
MANUFACTURING
Total (adjusted for working days only)
Total (adjusted for seasonal variations)
Iron and steel
Textiles
Food products
Paper and printing __
Lumber
Automobiles
Leather and shoes
Cement, brick, and glass
Nonferrous metals
Petroleum refining _ _
Rubber tires
Tobacco manufactures
MINERALS
Total (adjusted for working days only) .
Total (adjusted for seasonal variations)
Bituminous coal
Anthracite coal
Crude petroleum. _
Iron-ore shipments _ _
Copper.
Zinc_
Lead _
__
Silver
ANIMAL PRODUCTS (marketings)
Total_ __
Wool___
Livestock
Poultry and eggs _ _
Dairy products
Fish
_
CROPS (marketings)
Total
Grains*
Vegetables*
_
Fruits*
Cotton products*
Miscellaneous crops*
FOREST PRODUCTS
Total
Lumber
Pulpwood
Gum (rosin and turpentine)*
Distilled wood
-1.1
-3.3
+ 1.6
+ 37. 1
-23.3
•Fluctuations between maximum and minimum due largely to seasonal conditions: Minerals and Manufacturing are adjusted for seasonal variations except where
http://fraser.stlouisfed.org/
noted.
Federal Reserve Bank of St. Louis
16
INDEXES OF BUSINESS—Continued
1937
Minimum
since
Jan. 1,
1923
139
153
144
141
128
129
25
30
24
22
14
19
102
99
95
111
99
87
93
103
97
89
106
95
86
84
111
83
99
93
106
94
115
117
104
94
98
85
117
104
104
104
134
82
108
106
104
116
109
Total manufactured goods
Foodstuffs
Textiles
Iron and steel
Noiiferrous metals
Lumber
Stone, clav, etc
Leather _
Rubber
Paper_ _ _
. _
Chemicals and oils
120
129
138
152
125
125
178
123
185
155
125
88
79
78
78
74
78
64
66
77
46
84
111
92
101
127
119
106
147
70
170
93
113
114
113
105
120
125
111
137
68
166
102
101
116
128
111
117
118
117
132
68
150
106
97
118
103
137
147
122
100
155
69
170
142
102
Total raw materials
Foodstuffs
Textiles
Metals
Chemicals and oils _ __ _
150
159
202
136
153
69
68
43
54
73
105
111
117
69
87
101
112
99
79
87
95
108
88
89
85
157
154
157
204
142
67
62
66
53
56
74
88
64
73
86
72
86
63
69
81
124
119
125
128
167
188
128
118
125
129
82
86
87
71
43
26
68
82
88
72
88
95
109
76
52
39
111
93
98
93
156
64
250
224
350
169
160
161
163
186
117
Relative to 1923-1925 monthly average as 100
PRODUCTION
PER CENT INCREASE (+)
OR DECREASE (— )
1928
Maximum
since
Jan. 1,
1923
i
|
July, 1928,
from
June, 1928
July, 1928,
from
July, 1927
104
-4.6
0.0
119
117
134
140
124
99
153
75
162
153
95
117
124
133
133
124
97
149
75
146
155
93
-1.7
+ 6.0
-0. 7
-5.0
0.0
-2.0
-2.4
0.0
-9.9
+ 1.3
-2. 1
+ 0.9
-3. 1
+ 19.8
+ 13.7
+ 5.1
-17.8
+ 12.9
+ 10.3
-2. 7
+ 46. 2
-4. 1
114
141
99
82
95
102
126
81
74
94
94
120
67
77
91
-7.8
-4. 8
-17. 3
+ 4. 1
-3.2
-1.1
+ 11.1
-23.9
-13.5
+ 7.1
72
85
65
72
74
74
72
72
73
79
75
67
75
69
84
76
67
75
68
91
+ 1.3
0.0
0.0
-1.4
+ 8. 3
+ 5.6
-21.2
+ 15.4
-5.4
+ 23.0
87
101
106
78
46
28
85
96
99
90
88
92
104
81
78
43
107
90
100
84
89
96
110
75
57
35
114
97
109
87
84
97
114
71
39
21
77
95
102
83
87
93
113
74
68
49
98
90
102
77
+ 3.6
-4. 1
-0.9
+ 4.2
+ 74. 4
+ 133.3
+ 27. 3
-5. 3
0. 0
-7.2
99
107
93
116
127
119
6.3
62
77
47
82
79
70
55
123
171
171
134
113
115
109
123
178
172
136
109
114
118
121
167
157
141
111
112
109
139
213
221
164
110
127
130
139
208
216
162
108
122
147
129
198
180
164
100
117
116
-7.2
-4.8
-16.7
+ 1.2
-7.4
-4. 1
-21. 1
+ 6. 6
+ 18.6
+ 14. 6
+ 16.3
-9.9
+ 4.5
+ 6.4
71
83
102
103
101
97
75
94
107
101
103
95
78
92
-24. 3
+ 4.0
-2. 1
May
June
July
May
June
July
Continued
NEW ORDEBS
Total
Textiles
Iron and steel
Lumber
Paper and printing
Stone and clav products
STOCKS
Grand total _ _
_
UNFILLED ORDERS
Total
Textiles
Iron and steeL
Transportation equipment
Lumber
WHOLESALE TRADE
Grand total, all classes
Groceries
Meats. _
Dry goods
Men's clothing
Women's clothing _
Boots and shoes
Hardware
Drugs _
Furniture _
_
-1.1
+ 1. 1
+ 8. 7
-8.6
-12. 8
+ 14. 0
-8.4
0. 0
+ 2.0
-8. 3
RETAIL TRADE
MAIL-ORDER HOUSES (4 houses)
CHAIN STORES:
Ten-cent
Grocery..
Wearing apparel
Drug
__
Cigar
Candy
Shoe
_
DEPARTMENT STORES:
Sales
Stocks
o o
O. A
+ 28.0
17
INDEXES OF BUSINESS—Continued
Relative to 1923-1925 monthly average as 100
Minimum
since
Jan. 1,
1923
109
112
114
114
107
112
106
111
107
90
90
85
87
80
86
97
88
85
96
91
94
97
87
91
103
99
101
95
95
93
95
88
90
102
95
101
93
94
91
93
87
94
102
94
96
91
90
88
92
83
86
101
92
94
91
91
88
93
84
86
101
90
95
110
108
110
115
87
82
82
86
97
86
93
108
94
89
91
106
93
89
88
101
94
85
96
93
93
86
96
94
111
108
115
117
107
117
114
114
111
114
111
114
119
85
90
78
79
84
77
94
89
84
81
81
79
86
101
96
95
101
94
88
110
104
106
99
88
101
115
99
99
94
100
94
89
108
104
104
95
91
92
110
94
98
91
92
91
94
106
99
96
90
90
87
105
95
94
86
99
89
77
110
99
97
97
81
101
96
152
178
253
154
166
252
108
125
108
108
98
122
81
79
126
127
158
137
130
113
79
130
140
201
129
124
119
82
130
139
195
131
125
125
81
105
114
106
127
114
112
113
116
104
111
127
94
94
85
98
94
81
97
90
95
98
85
94
96
94
104
94
84
99
95
95
98
91
94
97
94
107
94
84
98
95
96
98
90
128
103
109
106
96
93
93
93
96
94
94
93
106
112
85
95
99
96
May
PER CENT INCREASE (+)
OR DECREASE (— )
1928
1927
Maximum
since
Jan. 1,
1923
July, 1928,
from
June, 1928
July, 1928,
from
July, 1927
-1.1
+ 3. 5
0. 0
0.0
-3. 2
-3.2
-2. 1
-6. 6
-1. 1
4. 6
-5. 3
-1.0
-4.3
-4. 2
93
81
95
93"
0. 0
-5. 8
-1. 0
-1. 1
0.0
-9. 0
+ 8. 0
-7.9
95
96
86
98
89
81
110
97
97
96
87
99
99
92
97
82
94
87
87
108
97
92
92
82
95
96
-3.2
+ 1.0
-4. 7
-4. 1
2. 2
+ 7.4
-1. 8
0.0
-5. 2
-4. 2
-5. 7
-4.0
3.0
-2.1
-1. 0
-9. 9
+ 2. 2
-4. 4
-7.4
+ 1.9
-2.0
4. 2
+ 2. 2
-8. 9
+ 9. 2
8. 6
148
160
181
. 151
134
166
86
145
152
168
150
132
162
87
145
142
156
157
134
170
88
0.0
-6. 6
7. 1
+ 4.7
+ 1.5
+ 4. 9
+ 1. 1
+ 11.5
+ 2.2
-20.0
+ 19. 8
+ 7.2
+ 36. 0
+ 8. 6
94
98
94
112
94
84
98
94
95
98
89
99
110
101
126
97
82
99
94
95
98
85
98
107
100
124
96
82
99
94
95
97
82
98
107
102
124
97
83
99
94
95
97
81
0.0
0. 0
+ 2.0
0. 0
+ 1.0
+ 1.2
0. 0
0.0
0. 0
0.0
-1.2
+ 4.3
+ 9.2
+ 8.5
+ 10. 7
+ 3. 2
-1.2
+ 1.0
0.0
0.0
i n
-9.0
96
93
94
93
96
94
95
93
99
97
101
96
98
97
99
95
98
98
100
96
0.0
+ 1.0
+ 1.0
+1. 1
+ 2.1
+ 4.3
+ 5.3
+ 3.2
98
96
99
97
104
102
104
102
102
0.0
+ 5. 2
June
July
May
June
July
EMPLOYMENT
Number employed, by industries:
Total all classes
Food products ...
Textiles.
Iron and steeL_ _
Lumber
Leather
Paper and printing _ _
_ _
Chemicals
Stone, clay, and glass
_ _ _
Metal products other than iron and
steel
Tobacco products
Vehicles
Miscellaneous
Amount of pay roll, by industries:
Total, all classes
Food products- _
Textiles _ _ _ _
Iron and steel
Lumber
Leather
Paper and printing _
Chemicals
__ _
Stone, clay, and glass
Metal products other than iron and steel.
Tobacco products.
Vehicles
Miscellaneous
90
92
85
92
83
89
101
90
92
+ 1. 1
-3.4
-1. 1
1. 2
PRICE INDEX NUMBERS
FARM PRICES
(Relative to 1909-1914 average as 100)
All groups
Grains
_
Fruits and vegetables
Meat animals
Dairy and poultry
Cotton and cottonseed __
Unclassified
WHOLESALE PRICES
Department of Labor Indexes
(Relative to 1926 monthly average as 100)
All commodities
Farm products _
Food, etc
Hides and leather products __
Textile products.
Fuel and lighting
Metals and metal products _ _
Building materials
Chemicals.
House-furnishing goods
Miscellaneous _
Classified by state of manufacture:
Semimanufactured articles. _
Finished products
Raw materials _ _
Nonagricultural commodities _ -
- -
Commercial Indexes
(Relative to 1926 monthly average as 100)
Dun's
Bradstreet's
7931—28
_
3
_
18
INDEXES OF BUSINESS—Continued
Maxi-
mum
Relative to 1923-1925 monthly average as 100
since
PER CENT INCREASE (+)
OR DECREASE (— )
1938
1927
Mini-
mum
since
Jan. 1,
1923
Jan. 1,
1923
172
167
186
177
179
208
123
176
158
141
163
160
156
174
118
171
May
June
May
July
June
July
July, 1928,
from
June, 1928
July, 1928,
from
July, 1927
0.0
-0.6
0. 0
-4.2
+ 3. 0
-1. 2
-1. 7
-0.8
-1.2
PRICE INDEX NUMBERS— Contd.
COST OF LIVING
National Industrial Conference Board Indexes
(Relative to July, 1914)
All items weighted
Food (Department of Labor) _ _
Shelter.. _ _
Clothing
Fuel and light (combined)
Fuel
Light...
Sundries
165
159
169
169
160
180
122
172
164
155
170
171
160
179
122
173
162
154
163
171
158
176
122
171
162
153
168
169
160
180
122
173
161
153
162
171
158
176
122
171
161
153
161
174
158
177
121
171
0. 0
-0. 6
+ 1. 8
0. 0
+ 0. 6
-0. 8
0. 0
FRESH FISH LANDED AT PRINCIPAL PORTS
Thousands of pounds
MONTH
19132
19142
19152
1916
1917
1918
1919
1990
1921
1922
1923
1924
1925
1926
1927
9,385
8,828
12, 887
8,316
5,898
12, 535
11, 270
9,723
8,516
10, 806
11,812
9,699
10, 859
9,892
15, 922
10, 483
10, 313
12, 686
11, 121
6,324
10, 102
14, 678
20, 416
9,771
11, 288
21, 310
19, 422
9,688
10, 570
17, 747
16, 716
12, 246
15, 434
14, 740
11, 037
7,309
11,853
18, 960
12, 160
7,885
12, 495
15, 518
15, 120
10, 258
16, 772
17, 555
16, 535
11, 028
18, 181
23, 708
18, 143
13, 644
14, 756
23, 751
18, 539
18, 140
19, 349
28, 610
20, 556
14,300
18, 860
28, 316
24, 387
June
July
August
11, 249
12, 338
13, 507
13, 164
9,889
14, 575
16, 483
14, 748
10, 116
14, 734
13, 542
16, 949
22, 413
21, 101
17, 826
20, 741
16, 740
21, 760
16, 961
23, 917
27, 731
24, 277
24, 747
20, 100
25, 188
27, 528
12, 755
7,572
19, 987
22, 223
17, 220
23, 201
13, 424
17, 495
15, 633
18,703
15, 168
15, 757
18, 738
20, 167
17, 081
17, 367
20, 991
21, 408
15, 446
18, 333
22, 592
20, 018
17, 767
25, 262
24, 539
26, 839
22,900
27, 929
29, 564
32,043
25, 171
27, 072
27, 322
33, 284
27, 650
29,809
27, 324
September
October
November
December
12, 663
11, 267
12, 583
8,940
15, 647
13, 031
10, 961
8,222
16, 692
14, 794
10, 831
8,560
21, 089
17,911
14, 242
11, 175
18, 339
20, 359
13, 792
9,687
18, 907
20, 963
18, 838
13, 638
22, 152
27, 324
16, 330
11, 364
15, 796
16, 653
13, 212
11, 323
15, 005
17,000
10, 693
8,944
17, 671
17, 602
13, 715
9,505
20, 259
19, 954
15, 624
12, 119
19, 937
20, 215
14,040
12, 353
28, 184
21, 185
15, 174
9,401
24, 414
23, 762
19, 924
13, 439
26, 633
27, 390
21,096
14, 051
January _ _ _
February
March _
April
May
Total
Monthly average
7,159
1928
133, 970 141, 575 147, 075 192, 870 186, 158 220, 721 212,004 194, 336 170, 354 178, 605 195, 821 204, 054 239,411 264 665 288 674
11,164 11, 798 12, 256 16, 073 15, 513 18, 393 17, 667 16, 195 14, 196 14,884 16, 318 17,005 19, 951 22, 055 24, 056
1
Compiled by the U. S. Department of Commerce, Bureau of Fisheries, and representing landings of fresh fish from vessels at Boston and Gloucester, Mass., Portland,
Me., and Seattle, Wash. Details by ports are given in monthly statements. These data revise previous figures.
2
Figures for 1913 to 1915, inclusive, do not include Portland and Seattle.
19
INDEX OF NEW ORDERS
To supply an indicator of the current demand for
goods from manufacturers, the Department of Commerce has compiled an index of new orders received
by manufacturers. As no figures of new orders are
available on a number of important commodities for
which we have monthly production figures, this index
is not as representative as the manufacturing production index. Also, it is less balanced, since the figures
for orders are largely concentrated in the lumber, steel,
and textile industries. On the other hand, many of
the industries for which no figures are available, such
as the entire foodstuffs group, do not in general have
advance orders; in these instances new orders would
be almost simultaneous with production. It is believed, therefore, that the index is quite representative
of orders given in advance of production.
The commodities making up this index and the
weighting factors used, which are based on the value
added in manufacturing for the years 1923 and 1925,
according to the census of manufactures of those years,
are shown in the table.
The description of the various items used in making
up the index follows:
Cotton finishing.—Compiled by National Association of
Finishers of Cotton Fabrics and represent the finishing of
cotton goods done outside of regular cotton mills.
Hosiery.—Compiled by Census Bureau from reports of a
large proportion of the industry. Figures are not available
prior to 1924, but estimates have been made for 1923, based on
production figures, in order to secure a proper base.
Knit underwear.—Compiled by the Census Bureau from about
two-thirds of the industry.
Steel sheets.—These data cover practically all independent
manufacturers of sheets and are supplied by National Association of Flat Rolled Steel Products.
Malleable castings.—These figures, which begin with June,
1923 (estimates being made for January through May to secure
the basis) are compiled by Census Bureau from most of the
industry.
Steel castings.—Compiled by Census Bureau and cover about
80 per cent of the output of commercial steel castings.
Fabricated structural steel.—Compiled by Census Bureau from
about 90 per cent of the capacity of this industry.
Fabricated steel plates.—Compiled by Census Bureau from
most of the industry. These data are not available prior to
1923.
Enameled sanitary ware.—Compiled by Census Bureau from
entire industry and represent a total of all pieces, including
baths, lavatories, sinks and miscellaneous items.
Furniture.—These figures represent new orders of furniture
factories in the Grand Rapids district as compiled by Seidman
& Seidman. They are not available prior to June, 1923, estimates being made for first five months of that year.
Lumber.—These figures represent a total of the prorated
reports of Northern pine, Southern pine, Douglas Fir, California redwood and walnut, as supplied, respectively, by
Northern Pine Manufacturers' Association, Southern' Pine
Association, West Coast Lumbermen's Association, California Redwood Association and American Walnut Manufacturers' Association. Figures on walnut output are estimated for first six months of 1923.
Flooring.—Thase figures represent total of oak flooring and
maple, birch, and beech flooring as supplied, respectively, by
Oak Flooring Manufacturers' Association and Maple Flooring
Manufacturers' Association.
Boxboard.—Compiled by Census Bureau from practically the
entire industry. Figures are not available prior to November,
1923, and estimates based on production figures have been
made for the earlier months of that year.
Labels.—Supplied by Label Manufacturers' National Association.
Book paper.—These data represent the total of coated and
uncoated book paper as reported by American Paper and Pulp
Association.
Terra cotta.—Compiled by Census Bureau from entire
industry.
Illuminating glassware.—Compiled by Illuminating Glassware Guild and represent percentage of new orders to capacity.
They are not available prior to 1923.
Locomotives.—Compiled by Census Bureau from reports of
principal manufacturers of railroad locomotives.
Railroad cars.—These figures represent combined totals of
orders for passenger and freight cars as supplied by Interstate
Commerce Commission.
Weight
ITEM USED
TEXTILES:
Cotton finishing
Hosiery
Knit underwear...
Total...
_-_
IRON AND STEEL:
Steel sheets
Malleable castings
Steel castings
_
Fabricated steel plate
Enameled sanitary ware.__
Total
LUMBER:
Furniture
Lumber
Flooring
Total
INDEX OF NEW ORDERS
(1923-1925 average=100)
9
9
4
22
9
3
5
Q
2
4
32
14
44
15
73
ITEM USED
PAPER AND PRINTING:
Boxboard
Labels
Book paper
Weight
3
1
3
Total
CLAY AND GLASS PRODUCTS'
Terra cotta
Illuminating glassware
Total
1
2
3
TRANSPORTATION EQUIPMENT:
Railroad cars
7
Total
10
Grand total
148
20
INDEX OF NEW ORDERS
1930
January
February
Miarch
April
58.2
59.9
57.2
74.8
May
June
July
August
51.9
43.6
47. 1
41.5
September
October
November
December
37.9
34 1
31.0
24.8
M^onthly average
45.2
31.8
32.0
35.3
49.0 32.7 136.6
72.0 143.1 112.7
58.0 100.3 139 0
121.0 316. 0 98.8
48.1
42.6
73.7
78.1
63.7
59.9
29.4
25.9
33.6
28.9
35.0 128.1
38.0 55.2
38.0 81.51
26.0 65.9
39.1
36.2
30.4
32.2
56.5
39.9
32.9
29.9
24.0
21.7
27.3
22.8
28.0
21.0
39.0
19.0
65.6
29.8
45.3
129.3
104.1
122 2
106.7
86. 1 96.5 98.7
83.3 86.5 88.1
73.4 79. 1 71.7
81.9 99.4 75.4
98 4
34.0
59.0
55.0
48.0
3.5
7.9
2.1
0.6
75.8
76.6
88.6
93.1
61.0 152.8
69.7 123.6
61 2 96 8
42.5 84.0
54.7
60.4
53 1
39.2
52.9
63.9
52 3
36.7
74.0
92.0
42 0
42.0
62.0
53.0
51 0
43.0
5.1
41.9
91.6
31.2
105.9
109.7
116 9
1044
47.1 102.3 39.2
42.7
53.2
47.8
20.1
98.6
0.1 113.2
29.6 96.1
0.7 113.3
26.6 89.4
September
October
99 8
98 6
96 1
119.8
117 8 93.2
151. 1 88.4
139 4 79 1
133.5 118.1
December
Monthly average
98 0 115.8
89.4
78 4 81.0
79.0 107.0
90 5 72 0
87.7 100.0
86.0
99 8
98.8
85.0
55.0
86 0
56.0
223.7
177.1
121 6
304.7
Transportation
equipment
Stone and clay
Paper and printing
Iron and steel
Lumber
106 5
106.0
115 1
108.5
95 5 105 6 103 2 106 7
1937
98.4 102.1 126.7 114.9 105.0 83.6 107.1 107.1 100.4 106.6 103.1 78.0 143.4
89.3 100.4 84.2 100.4 104.0 178.4 100.8 106.9 106.1 104.1 103.0 64.3 55.3
83.0 111.7 87.1 117.9 101.3 376.1 105.2 119.0 117.6 101.5 111.9 99.7 59.7
90.6 88.4 83.5 103.9 98.3 121.1 96.5 102.0 111.9 95.3 102.3 117.7 32.9
78.9
69.7
73.8
87.7
72.3 80.0 95.1
70.0 89.9 89.4
72.9 107.6 97.1
80.9 106.0 107.6
84.7
86.7
87.7
79.7
33.2 102.4 99.2 94.7 110.8 99.1
3.8 92.6 103.1 96.9 89.4 105.7
28.0 85.7 83.5 110.8 83.0 98.6
43.4 93.8 107.8 96.0 98.6 102.1
101.1 90.2 100.6 94.9 102.0 214.2 96.3 118.4 98.5 100.5 106.7
118.7 92.7 112.3 101.6 92.3 136.4 90.2 103.4 98.9 92.2 107.3
115 4 129 7 112 3 98 0 91 3 134 6 89 8 94 2 100.0 95 8 89 7
112.7 125.8 90.7 96.9 87.7 127.7 109.3 179.2 132.9 75.5 94.1
93.3
94.8
98.4 101.5
97.5 110.3 105.4
93.6 93.1 97.9 93.0 93.7
94.3 110.7 107.9 99.3 112.0
88.0 108.3 117.6 105.0 80.7
87.9 104.9 118.2 108.1 102.7
79.2
68.9
18.3
13.4
99.3 1.9
96.0 4.7
88 7
4 3
74.7 147.8
52.5
88.3 102.2 93.6 103.6 115.8 103.3 86.7
54.7 96.4 91.1 109.8 97.5 109.7 83.0
63.2 104.5 97.6 128.5 104.8 114.2 102.0
64.3 100.8 87.4 117.7 103.6 108.3 94.3
21.7
53.9
35.5
53.6
94.1 115.4 116.5 103.5 93.7
84.8 *117. 1 104.4 103.7 104.0
100.6
32.3
20.0
33.2
96.1 102.0
1938
82.4 106.1
10.3 98.4
19.0
28.4
106.1 106.0 107. 5 111.5 92.9 116.3 69.0
113.8 118.2 130.3 109.2 106.1 107.0 92.7
111 4 94 1 116 7 112 9 98 3 106 3 131.5
105.4 92.7 116.3 97.3 101.1 93.0 164.4
84.8 169.7 103.0 101.0 106.9 106.0 102.8 102.6
86.7
94.7
93.0
97.7
90.9
93.4 121.7
61.7 97.0 62.0 73.2 111.6 120.7 101.8 117.1 111.4 91.3
65.9 74.0 45.0 132.8 91.4 104.9 92.5 89.8 108.3 103.3
82.6 110.0 114.0 69.2 97.3 108.5 101.8 94.6 110.0 114.3
98.7 102.0 106.0 344.9 97.0 103.4 98.6 97.9 100.4 110.7
103.0 118.7 94.0 80.0 189.4 94.9
112.9 91.9 128.0 128.0 103.5 99.5
83.3 81.1 107.0 92.0 232.5 103.1
85.5 95.3 113.0 109.0 63.9 103.9
122.4
119. C
108.6
102.8
95 9 104 2 104 6
1935
1933
121.1
101.9
98 8
91.3
96 0
1934
54.0
61.0
77.0
67.0
May
June
July
August
Textiles
61 6
32.3 42.5
34.1 37.9
34,1 33.5
40.1 48.6
66 4 118.5 48.1
71.8 92.2 53.0
87.2 96.8 97.4
122.6 87.0 111.3
Transportation
equipment
99 2
42.7 95.0
42.8 107.3
38.0 89.7
50.4 117.7
..
Stone and clay
98 7 105 7
May
June
July
August
_
Paper and printing
94.5
34.0
31.0
39.0
65.0
_
103.6
109.0
115.9
112.2
28 6
30 2
74.3
59.1
14.0
34.0
53.0
28.0
_
82.6
91.1
76.7
92.1
97.1 132.7 84.2 104.2 84.6 90.3 18.2 100.6 103.7 119.4 106.9 104.0 85.0
91 8 110 9 82.9 98 5 101.4 100 0 20.7 96 4 102 9 95 1 102 2 108 6 113 0
85.4 102.0 77.0 91.1 92.4 104.3 23.5 94.5 101.0 90.8 96.2 101.7 97.3
98.3 99.5 110.1 88.9 93.3 99.7 129.8 82.3 89.4 98.7 74.8 93.0 86.7
29.5
29.7
40.3
45.1
January
February
March
April
26.1 96.0
51.4 102.8
11.6 102.1
13.8
69.7
90.2
37.3
14.0
27.4
24.0
33.9
37.6
Monthly average
83.4 102.3 103.3
82.8 97.0 95.7
79.2 89.1 77.3
88.1 88.7 85.0
108 3 95 7 106 5
109.0 95 7 93 2
114 3 108 0 110 0
103 9 112 7 106 5
15 7
79 4
13 8
21 6
32.1 79.8
34.0 78.2
42.2 100.0
48.4 103.0
December.
1936
107 0 100 0
114.0 99.0
110 0 100 0
106.0 96.7
January
February
M^arch
April
. _ _
I
123.7 141. 1 101.0 116.7 192.7 112.5 107.0 105.7 119 1
117.2 100.1 96.4 129.3 216.3 96.8 96.5 93.2 97.8
144 3 105.8 105 0 126 0 428.3 111 6 111 0 117 0 109 6
107.2 88.5 99.1 122.3 123. 1 98.8 91.5 106. 1 95 7
1931
September
October
_
"«3
1933
96.3
90.0
96.3
70.3
46 8
Lumber
Iron and steel
1
Textiles
Transportation
equipment
Stone and clay
Paper and printing
Lumber
H
Textiles
MONTH
Iron and steel
i
[1923-1925 average=100]
72.4
21
TREND OF BUSINESS MOVEMENTS
The following table contains a summary of the monthly figures, designed to show the trend in important
industrial and commercial movements. These data represent continuations of the figures presented in the
latest semiannual number (August, 1928), in which monthly figures for 1927 and 1928 may be found, together
with explanations as to the sources and exact extent of the figures quoted. The figures given below should
always be read in connection with those explanations. Data on stocks, unfilled orders, etc., are given as of
the end of the month referred to. For explanations of relative numbers, including base periods, see introduction on inside front cover.
1938
The cumulatives shown are through
July, except where otherwise noted.
Earlier data for items shown here may
be found on pages 28 to 137 of the
August, 1928, "Survey"
March
PER CENT INCREASE (+) OR
DECREASE (— )
1937
CUMULATIVE TOTAL
FROM JAN. 1
THROUGH JULY 31
Per ct.
increase
(
-y
or decrease
(-)
cumulative
1928
from
1927
April
May
June
July
June
July
July,
1928,
from
June,
1928
21, 346
8,138
13, 208
33, 331
25, 843
7,488
55,841
50, 082
5, 759
54, 907
51, 346
3,561
50, 598
46, 106
4,492
60, 980
55, 877
5,103
-1.7
H-2.5
-38.2
-10.0
-8.1
-30.2
242, 869
150, 700
92, 169
225, 497
156, 350
69, 147
-7.2
+3.7
-25.0
20, 474
23, 600
25, 040
28, 163
19, 671
21, 383
18, 289
19, 805
17, 355
20, 149
13,464
15,079
-7.0
-7.4
+35.8
+31.3
173, 246
195, 101
159,011
178,070
-8.2
-8.7
38,855
43, 911
41, 282
38, 099
45, 006
39, 833
-4.4
319, 737
302, 315
-5.4
6,136
265, 538
5, 610, 718
4, 363, 669
4,290
192, 176
3, 854, 447
3, 789, 721
-30.1
-27.6
-31.3
-13.2
July,
1928,
from
July,
1927
1937
1938
TEXTILES
Wool
Receipts at Boston:
Total
_
...thous. oflbs.. 24, 706
Domestic
_.
thous. oflbs
6,498
Foreign
thous. of lbs_. 18, 208
Imports:
In condition imported
thous. oflbs.. 29, 473
Grease equivalent
thous. of lbs_. 33, 120
Consumption by textile mills,
grease equivalent
thous. of lbs_. 46, 757
Stocks, grease equivalent, end of quarter:
Total ..
thous. oflbs 2 261, 749
Held by manufacturers
thous. oflbs.. 2 175, 876
2 85, 873
Held by dealers
thous oflbs
Machinery, activity, hourly:
Looms —
57
Wide
per ct. of hours active. .
57
Narrow
per ct. of hours active. .
68
Carpet and rug . per ct. of hours active
79
Sets of cards
per ct. of hours active
70
Combs _
. per ct. of hours active. Woolen
per ct. of hours active
Worsteds
per ct. of hours active
Prices:
Raw, territory, fine, scoured.. dolls, per lb_.
Raw, Ohio and Pa. fleeces,
y± blood, combing, grease.._dolls. per lb_.
Worsted yarn
dolls, per Ib
Women's dress goods, French
serge, 39 in
dolls, per yd..
Suiting, 13-oz
dolls, per yd..
76
61
-7.7
4+47. 2
« -.1
4-1.3 5 +3.
4
+146.7 5 -2.9
33 385, 615
167, 426
3 218, 189
3 385, 407
3 173, 556
a 211 850
58
51
71
78
64
60
53
65
80
64
59
58
62
81
63
53
49
55
78
59
60
67
64
84
73
56
58
56
77
75
-10.2
-15.5
-11.3
-3.7
-6.3
75
56
79
55
78
49
75
50
79
61
76
59
-3.8
+2.0
-5.4
-15.5
-1.8
+1.3
-21.3
-1.3
-15.3
1.20
1.19
1.18
1.18
1.17
1.09
1.13
Q
+3.5
.52
1.53
.53
1.55
.55
1.58
.55
1.58
.55
1.60
.42
1.33
.44
1.35
.0
+1.3
+25.0
+18.5
1.03
2.008
1.03
2.008
1.03
2.008
1.03
2.008
1.03
2.008
.98
1.913
.98
1.913
.0
.0
+5.1
+5.0
714
18, 196
485,219
525, 158
693
19, 842
591, 345
577, 710
297
14, 587
457, 781
510, 565
8 14, 291
8281
339
18, 473
341, 849
438, 743
366
37, 078
481, 943
659, 841
7 12, 789
8455
129
31, 147
389, 358
569, 765
4,429
1,508
2,921
3,637
1,331
2,305
2,805
1,159
1,646
2,197
1,007
1,190
3,776
1,594
2,182
3,227
1,405
1,823
-21.7
-13.1
-27.7
-31.9
-28.3
-34.7
6,023
4,102
5,630
3,533
4,962
2,910
4,056
2,165
5,654
4,014
4,988
3,417
-18.3
-25.6
-18.7
-36.6
.187
.203
.201
.217
.197
.214
.210
.215
.148
.168
.155
.180
+6.6
+.5
+35.5
+19.4
31,413
8,312
231
96.8
30, 965
7,416
206
94.8
29, 060
7,959
222
95.0
28,624
7,248
203
88.3
28,228
6,259
176
79.8
32, 757
9,191
249
109.3
32, 324
8,033
219
99.1
-1.4
-13.6
-13.3
-9.6
-12.7
-22.1
-19.6
-19.5
22, 598
13,475
33,030
16, 737
13, 390
31, 925
16, 358
13, 427
28,484
19, 415
12, 539
25, 435
12, 522
12, 350
24, 619
13, 136
8,085
19, 945
10, 792
8,538
22, 665
-35.5
-1.5
-3.2
+16.0
+44.6
+8.6
.366
.483
.366
.480
.380
.480
.374
.489
.384
.515
.346
.470
.354
.481
+2.7
+5.3
+8.5
+7.1
460, 260
-22.9
-29.8
-19.5
+.9
-10.0
-40.1
Cotton
Production, crop estimate
thous. of bales
Ginnings
thous. of bales
Receipts into sight thous. of bales
715
Imports, unmanufactured
bales.. 41, 433
Exports, unmanufactured (incl. linters). bales.. 614, 428
Consumption by textile mills
bales.. 581, 318
Stocks, domestic, end of month:
5,104
Total, mills and w'houses.. thous. of bales..
Mills .
thous. of bales
1,593
Warehouses
thous of bales
3,511
Stocks, world visible, end of month:
Total
_
_
thous. of bales
6,273
American
thous. of bales
4,543
Prices:
To producer, all grades
dolls, per Ib
.178
In New York, middling
dolls, per lb__
.195
+14.1 -162.8
+26.6 -40.7
-25.3 -12.2
-14.1 -23.0
Cotton Yarn
Machinery activity of spindles:
Active spindles
thousands
Total activity
_. . millions of hours _
Activity per spindle
hours
Ratio to capacity
per cent
Carded sales yarn:
Production
thous of Ibs
Stocks, end of month . .
thous. of Ibs
Unfilled orders, end of mo thous. oflbs..
Prices:
22/1 cones, Boston
dolls per Ib
40/ls, southern spinning
dolls, per lb_.
Cotton Goods
Cotton textiles:
Production
thous of yds
358, 025
286,005
349, 325
287, 818
New orders
thous of yds
349, 855
267,025
335, 117
269,845
Shipments.. _
thous. of yds
337, 573
270, 172
270, 342
326, 244
Stocks, end of month
thous of yds
402, 594
418, 427
441, 508
458, 984
Unfilled orders, end of mo
thous. of yds.. 297, 099 362,044 305, 645 302, 328
Fine cotton goods, production
pieces.. 461. 429 255. 949 128. 604 134, 158
2
Quarter ending Mar. 31.
3
Quarter ending in month indicated.
4
Percentage change from quarter ending Mar. 31,1928.
8
Percentage change from quarter ending June 30,1927.
221, 826
187, 439
217, 540
463, 270
272, 227
80, 358 i 530,892
125, 206
|
2, 100, 991
. 1,859,723 |
1, 974, 222
-
'• \
-82.5
e As of Aug. 1, 1928.
*8 Final estimate for 1927.
As of Aug. 16.
3, 379, 677
-44.0
22
TREND OF BUSINESS MOVEMENTS—Continued
1938
The cumulatives shown are through
July, except where otherwise noted.
Earlier data for items shown here may
be found on pages 28 to 137 of the
August, 1928, "Survey"
March
April
May
PER CENT INCREASE (+) OR
DECREASE (— )
1937
CUMULATIVE TOTAL
FROM JAN. 1
THROUGH JULY 31
Per ct.
increase'
(+)S
or decrease
(-)
cumulative
1928
from
1927
June
July
June
July
July,
1928,
from
June,
1928
July,
1928,
from
July,
1927
1937
1938
5,654
48, 589
3,821
50, 387
-24.4
-3.4
-8.7
-10.8
38, 208
325, 254
40, 451
284,907
+5.9
-12.4
17, 443
14, 010
» 95, 328
8 108, 942
9,502
+14.3
603, 200
594, 527
350, 290
514, 894
501, 111
318, 993
-14.6
-15.7
-8.9
TEXTILES— Continued
Cotton Goods— Continued
Cotton cloth:
Imports
thous. of sq. yds..
Exports
thous. of sq. yds..
Fabrics for tire manufacture,
consumption
thous. of Ibs
Elastic webbing, shipments
thous. of dolls..
Prices:
Print cloth, 64 x 60
dolls, per yd..
Sheeting, brown
dolls, per yd._
Cotton goods (Fairchild), rel. to 1911-1913..
7,921
42, 237
6,418
39, 831
5,722
43, Oil
4,615
46, 534
3,490
44, 951
18, 854
1,627
18, 310
1,332
19, 168
1,415
19, 646
1,384
1,211
.076
.092
161
.076
.091
161
.079
.092
164
.077
.091
162
.079
.092
165
.073
.084
150
.075
.087
152
+2.6
+1.1
+1.9
+5.3
+5.7
+8.6
89, 740
81, 328
51, 495
39, 787
69
4.8
75, 378
68, 316
43, 378
40, 876
64
4.5
73, 539
72, 961
47, 555
40, 449
62
4.3
70, 029
61,347
42, 357
38,907
53
3.6
58, 685
62, 310
40, 500
37, 958
51
3.8
87, 006
77, 743
48, 133
39, 535
66
5.5
72, 334
71,959
43, 154
40, 390
63
5.9
-16.2
+1.6
-4.4
-2.4
-3.8
+5.6
-18.9
-13.4
-6.2
-6.0
-19.0
-35.6
75, 725
75, 153
69, 378
78, 151
73, 520
76, 149
63, 796
79, 416
49, 996
75, 977
6,561
41, 258
9,133
46, 367
6,174
46, 051
5, 832
43, 071
7,404
41, 312
6,225 !
41,039
35, 483
24, 369
42, 088
23, 523
41, 127
24, 746
38, 866
22, 188
37, 024
18, 086
43, 841
16,002
88.5
49.8
64.2
90.8
56.7
56.9
97.4
55.4
57. 1
93.0
52.1
62.7
83.0
56.6
67.3
5.390
1.20
4.998
1.19
4.851
1.18
4. 851
1.17
5.488
1.24
1,080
3,263
1.50
844
3, 164
1.50
902
3,128
1.50
710
3,157
1.50
659
1.50
2,265
2,329
280
1,584
1,662
199
1, 806
1, 658
330
1,902
1,818
463
372
254
341
308
10370
10323
359
315
97
125
163
159
3,808
3,808
8,494
3,363
4,532
3, 304
3,217
8,618
3,418
4,520
3,462
3,312
9,030
3, 082
4,794
3,246
3,343
8,980
3,539
4,743
1,215
1,194
1,250
1,208
1,151
965
1,520
934
1,148
1,019
1,709
1,028
1,113
998
1,761
894
2,281
2,245
2,164
63, 901
32, 882
62, 050
23, 682
5,670
4,469
4,499
4,636
3,705
3,817
-12.5
Cotton Finishing
White, dyed and printed (outside mills) :
Billings, finished goods
thous. of yds..
New orders, gray yardage.. -thous. of yds..
Shipments,finishedgoods
.
cases _.
Stocks, finished goods, end mo
cases..
Operating activity
per ct. of capacity..
Unfilled orders, end of month.
days..
Printed only (mills and outside) :
Production
thous. of yds_.
Stocks, end of month. __
thous. of yds_.
Silk
Imports raw
thous. of Ibs
6,725
Deliveries (consumption)
bales
52,011
Stocks, end of month:
At warehouses
bales. . 40, 186
At manufacturing plants
bales . . 23, 096
Silk machinery activity:
Broad looms
per cent of normal..
98.8
Narrow looms
per cent of normal .
52.5
Spinning spindles
per cent of normal..
67.7
Prices:
Raw, Japanese, 13-15, N. Y dolls, per lb.
5.194
Silk goods, composite
dolls, per yd_
1.20
Bayon
Imports
thous. of Ibs.
Stocks, bonded, end of month thous. of Ibs.
Price, 150 denier, A grade, N. Y_. dolls, per Ib.
446, 256
—21 6
-4.3
-5.5
6 5
6 3
+5.0
5 5
-10.3
-11.3
+38.7
89.7 | -4.5
53. 8 1 -6. 0
74.9
+9. 8
+3.7
-3.2
-16.3
5.292
1.23
0.0
Q
-8.3
-4.9
1,311
1,405
1.50
1,220
1,654
1.50
-7.2
-46.0
.0
.0
1,970
2,064
544
1,902
1,950
614
48, 025
316, 099
48, 487
31,857
+1.0
+5.0
9,118
6,707
-26.4
9 12, 897
9 12, 902
9 2, 126
9 12, 172
9 11,531
9 1, 821
-5.6
10 6
-14.3
Clothing
Men's and boys' garments cut:
Suits
thous. of garments.
Separate trousers
thous. of garments.
Overcoats - . _.
thous. of garmentsOveralls:
Cut
thous. of dozen garments.
Net shipments _.thous. of dozen garments.
Unfilled orders
end of mo
thous. of dozen garments.
Hosiery
Production
thous. of dozen pairs.
Net shipments _ __ thous. of dozen pairs
Stocks, end of month
thous. of dozen pairs.
New Orders
thous. of dozen pairs .
Unfilled orders, end of mo.thous. of dozen pairs.
8
2 173
9 1, 847
3,941
3,886
8,141
4,143
6,342
3,113
3,226
8,390
3, 095
6,046
892
962
1,667
876
1,127
1,049
1,623
1,115
880
950
1,617
803
-19.9
-3.6
-5.3
-2.0
+ 1.4
+1.3
+3.1
+9.1
2,053
1,959
2,614
2,458
-4.6
-20.3
58, 124
21, 846
56, 913
19, 672
58,541
18, 449
61, 287
23, 115
35, 236
19, 030
+2.9
-6.2
5,422
3,991
4,005
5,123
4,274
4,226
5,038
3,814
4,794
4,358
2,964
2, 671
3,246
2,545
2,415
-1.7
-10.8
+13.4
9 22, 824
9 21, 893
9 21, 001
9 19, 992
80
-8.7
Q 23, 758
9 20, 248
14 8
7,266
6,864
7, 673
7,097
+5.6
+3.4
7,690
7,274
-5.4
+66.1
-3.1
346, 501
195,890
414, 553
184, 292
+19.6
-5.9
+55.2
+49.9
+98. 5
25, 896
19, 216
34, 709
26, 958
+34.0
+40.3
Knit Underwear
Production
thous. of dozen garments
Net shipments
thous. of dozen garments.
Stocks, end of mo.-. -thous. of dozen garmentsNew Orders
thous. of dozen garments.
Unfilled orders, end
of month
.thous. of dozen garmentsBurlaps and Fibers
Imports:
Burlaps
__
thous. of Ibs
Fibers (unmanufactured)
long tons.
Pyroxylin Coated Textiles
Pyroxylin spread
.
thous. of Ibs .
Shipments billed
thous. of linear yards
Unfilled orders, end mo_thous. of linear yards.
9
Cumulative through June 30.
23
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives shown are through
July, except where otherwise noted.
Earlier data for items shown here may
be found on pages 28 to 137 of the
August , 1928, "Survey"
PER CENT INCREASE (+) OR
1937
1938
DECREASE (— )
March
April
May
June
July
June
July
July,
1928,
from
June,
1928
CUMULATIVE TOTAL
FROM JAN. 1
THROUGH JULY 31
July,
1928,
from
July,
1927
1938
1937
Per ct.
in-
crease
( )
or tdecrease
(-)
cumulative
1928
from
1927
TEXTILES— Continued
Cotton Mill Dividends
Fall Kiver mills (quarterly):
Total
... -_-. thous. of dollars..
Ratio of capitalization per ct. per quarter
New Bedford mills (quarterly):
Total
thous. of dollars
Ratio to capitalization .per ct. per quarter. .
Mills in Spartanburg Co., S. C. (semiannually):
Total
thous. of dollars. .
Ratio to capitalization per ct. per quarter
3262
3.643
« 2.4 « -8.0
* -4.3 5 -6.4
•528
9488
-7.6
3598
-42.0 5 -42.1
-41.2 s -41.2
9 1, 086
9943
-13.2
-11.7
+11.5
117, 714
85, 645
-27.2
1,269
1,451
1,691
1,342
1,515
1,617
+5.8
+4.4
-4.4
-40.3
2247
2 .629
3241
3 602
2597
2.821
3 .483
3.821
12617
"'3. 93
13 556
" 3 92
« 3. 84
13 3. 84
10, 959
3346
13602
13602
Fur
Sales by dealers
thous of dollars
14, 572
11, 113
12, 905
13, 840
12, 215
14, 136
ratio to capacity
thous of gross
51.9
10, 914
50.7
10, 949
48.8
11, 098
46.8
11, 202
29.7
10, 847
9,948
9,705
33.4
-36.5
-3.2
-11.1
+11.8
225
229
237
585
220
217
216
584
206
204
199
532
158
187
165
636
110
197
163
646
185
186
233
566
140
162
146
568
-30.4
+5.3
-1.2
+1.6
-21.4
+21.6
+11.6
+13.7
Buttons
Fresh-water pearl buttons:
Production
Stocks end of month
Ocean pearl buttons:
Production
Shipments.
New orders
Stocks end of month
thous.
thous.
thous.
thous
of gross. .
of gross..
of gross. .
of gross
52.9
IRON AND STEEL
Iron
Manganese ore, imports.. -thous. of long tons..
Iron ore:
Imports
thous. of long tons
Shipments from mines-thous. of long tons..
ReceiptsLake Erie ports and
furnaces ...
thous. of long tons
Other ports
thous. of long tons..
Consumption .
thous. of long tons
Stocks, end of monthTotal
thous of long tons
On Lake Erie docks, thous. of long tons..
Pig-iron production:
Total, United States... thous. of long tons..
Merchant furnaces
thous. of long tons..
Canada
..thous. of long tons..
Furnaces in blast, end of month:
13
14
16
13
22
37
28
+69.2
-21.4
176
105
163
225
6
211
5, 363
189
232
8,459
252
8,926
183
8,981
8,609
-3.2
+.6
-27.4
+4.3
1,533
26, 380
1,452
23, 276
-5.3
-11.8
6,199
2,613
6,078
2,655
4,633
6,010
2,418
4,531
6,136
4,667
2,282
4,294
-2.0
+1.6
-.9
+16.3
+7.9
17, 848
7,199
32, 646
15, 125
6,791
32, 535
-15.3
-5.7
-.3
22, 981
17, 913
27, 209
21, 824
26, 973
21, 922
5,051
31, 331
25, 872
5,385
+18.4
+21.8
+6.3
-13.2
-15.6
-1.4
3,072
3,090
22, 382
21, 594
455
563
-3.5
-16.6
+23.7
None.
None.
None.
4,808
None.
2,848
6
4,781
4,948
24, 259
18, 691
17, 570
14, 388
5,182
18,877
3,186
630
75
3,284
612
78
197
104, 650
56.8
195
104, 015
56.9
198
106, 145
57.7
13,355
19, 039
17, 579
108.0
143
115
13,887
5,568
3,200
1,517
13, 942
4,935
5,068
5,459
-.3 +4.1
-4.1 -23.0
-2.1 +86.3
607
95
746
69
2, 951
788
51
189
100, 855
55.3
185
98, 445
54.6
198
99, 240
54.7
190
93, 700
52.5
21
-2.4
-1.3
-2.6
+5.1
+4.0
13, 434
103.3
150
106
19, 382
18, 454
105.0
10146
99
19, 967
19, 365
103.0
127
107
15, 891
18, 893
84.1
99
83
10, 761
14, 864
72.3
94
64
+3.0
+4.9
-1.9
-13.0
+8.1
+85.5
+30.3
+42.5
+35.1
+67.2
113, 061
133, 656
114, 877
112, 297
+1.6
-16.0
-11.1 +13.3
-7.4 +30.2
-8.9 +12.8
+3.1 +14.9
375, 282
376, 442
+.3
361, 093
336, 307
362, 542
355, 780
+.4
+5.8
631
88
3,082
633
97
5,342
4,453
Capacity
Per cent of total
Ohio gray-iron foundries:
MeltingsActual
Normal
Ratio to normal
long tons per day
per cent
Receipts
Malleable castings:
Production
Operating activity
Shipments
New orders
Wholesale prices:
Foundry, No. 2,
per cent of normal
12, 123
110.0
149
115
short tons..
per ct. of capacity _.
short tons
short tons. .
57, 649
67.6
58, 254
56, 634
52, 004
61.0
52, 383
50, 296
56, 412
66.0
53, 222
50, 489
56, 259
63.3
54, 937
48, 132
49, 991
58.6
50, 035
49, 564
53, 843
53.6
51, 306
42, 885
44, 142
45.0
44, 347
43, 136
Basic (valley furnace). .dolls, per long ton..
Composite pig iron
dolls, per long ton..
19.01
17.00
18.40
19.01
17.00
18.40
18.96
16.30
18.18
18.51
15.45
17.97
18.41
16. 00
17.79
19.89
17.88
19.79
19.76
17.50
19.31
-.5
+3.6
-1.0
-6.8
-8.6
-7.9
10, 581
12, 302
12, 950
87, 993
25, 078
19, 064
23, 568
114, 432
19,011
18,911
20, 442
114, 224
-12.5
-5.9
-12.3
-1.9
-44.3
-34. 9
-36.7
-23.0
155, 971
123, 005
130, 007
87, 368
78, 855
45, 472
-44.0
-35.9
-34.3
19, 541
28, 247
32, 164
179, 539
25,561
21, 225
18, 509
25, 554
113, 210
-37.4
+12.2
+8.0
-4.5
-7.9
+25.1
+23.7
+57.6
156, 021
115, 557
128, 056
204, 918
143, 332
161, 248
+31.3
+24.0
+25.9
11, 388
13, 285
14, 844
16, 242
11, 756
11, 946
13, 577
14,360
15, 775
-14.8
+13.9
+19.8
-16.1
-7.5
-5.9
106, 271
77, 944
82, 625
100, 309
70, 233
80, 659
-5.6
-9.9
-2.4
78, 279
60, 313
59, 692
-1.6
+31.1
long tons
long tons
per cent of normal ..
Cast-iron Boilers and Radiators
Round boilers:
14, 232
12, 094
15, 631
12, 452
Production
thous of Ibs
13, 071
9,280
12, 166
Shipments
thous. of lbs._
10, 407
14, 888
14, 765
9,554
New orders
thous. of Ibs,. 11, 238
89, 728
90, 529
91, 098
Stocks, end of month
thous. oflbs.. 87, 666
Square boilers:
28,994
34, 790
31,238
Production
thous. of lbs._
36, 544
25, 165
15, 787
20, 268
16, 474
Shipments
-thous. of lbs._
29, 779
29, 021
15, 582
New orders
thous. of lbs._
17,006
Stocks, end of month
thous. oflbs.. 151, 678 164, 514 181, 972 188, 078
Radiators:
13, 363
16, 513
13, 651
Production. .thous. sq. ft. heating surface. _
18, 039
11, 665
7,541
7,994
9,730
Shipments. ..thous. sq. ft. heating surface..
13,
572
12, 394
8,928
New orders.. thous. sq. ft. heating surface. .
8,792
Stocks, end of
79, 549
77,
926
month
thous. sq. ft. heating surface.. 64, 467
70, 845
Gas-fired boilers:
162,
167
230,
250
177, 859
161, 976
Shipments
dollars
182,195
122, 843
119, 354
147, 845
Shipments
thous B t u
164,
434
135,
711
161,317
217, 385
Production
thous B t u
Stocks, end of month
thous. B. t. u._ 923. 617 983. 786 993, 425 960, 656
2
Quarter ending Mar. 31, 1928.
3
Quarter ending in month indicated.
4
Percentage^change from quarter ending Mar. 31,1928.
« Percentage change from quarter ending June 30,1927.
22,581
25, 999
113, 905
957, 665
762, 379
977, 481
» Cumulative through June 30.
10 Revised.
12 6 months ending Dec. 31.
» 6 months ending June 30.
24
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives shown are through
July, except where otherwise noted.
Earlier data for items shown here may
be found on pages 28gto 137 of the
August, 1928, "Survey"
March
April
PER CENT INCREASE (+) OR
DECREASE (— )
1937
1938
May
June
July
June
July
July,
1928,
from
June,
1928
July,
1928,
from
July,
1927
+1.8
+6.6
-29.1
+19.0
+15.7
+50.9
-1.8
+13.7
-14.2
-14.3
-10.5
— 16 1
CUMULATIVE TOTAL
FROM JAN. 1
THROUGH JULY 31
1937
1938
Per ct.
increase
(
-y
or decrease
(-)
curnuative
1928
from
1927
IRON AND STEEL-Continued
Crude Steel
Steel ingots, production:
3,204
United States, total. _. .thous. of long tons..
4,508
3,743
3,812
3,496
4,303
4,203
89
91
73
70
Ratio to capacity
per cent. .
76
81
83
Canada
thous. of long tons
117
118
55
118
60
113
83
U. S. Steel Corporation:
Unfilled orders,
4,335
3,142
end of month
thous. of long tons..
3,637
3,053
3,873
3,417
3,571
Earnings
thous. of dolls. _ 15, 453
15, 024
16, 359
16, 647
13, 809
13, 927
Steel castings:
ProductionTotal
short tons
93, 521
85, 669
92, 948
91, 387
87, 767
78, 397
79, 726
65
Ratio to capacity
per cent. .
64
59
54
61
55
63
Railroad specialties
short tons.. 38, 448
32, 619
36, 599
34, 596
30, 742
27, 501
32, 576
Miscellaneous
short tons.. 55, 073
56, 349
53, 050
60, 645
50, 869
53, 171
47, 150
New ordersTotal
short tons _ 83, 285
86, 414
71, 745
66, 714
90,898
83, 737
74, 246
58
Ratio to capacity
... per cent..
58
60
46
63
52
50
Railroad specialties
short tons
30, 992
34, 995
32, 810
22, 597
39, 455
20, 483
31,011
Miscellaneous
short tons.. 52, 293
51,419
49, 148
50, 927
46, 231
51, 443
43, 235
Sheets, black, blue, galvanized, and
full finished:
Production—
Total
net tons.. 366, 127 327, 909 349, 367 311,629 267, 685 300, 706 237, 243
103.0
Ratio to capacity
per cent..
95.6
82.2
95. 9
97.8
94.3
80.2
Stocks, end of monthTotal
net tons.. 163, 846 163, 053 166,711 151, 606 161,933
168, 155 154, 374
Unsold
net tons.. 53, 144
54, 047
50, 702
55, 280
47, 860
53, 853
44, 538
Shipments
net tons.. 359, 532 327, 674 326, 324 308, 741 278, 310
281, 395 252, 034
New orders
. ... ..net tons.. 399, 441 284, 070 250, 316 318, 902 333, 357
224, 321 230,715
Unfilled orders, end of month
net tons.. 675, 196 571, 761 527, 477 526, 798 550, 468
399, 5G2 353,413
Steel barrels:
Production
barrels
636, 855 667, 827 696, 281 712, 779 647, 844
594, 782 578, 223
55.1
Ratio to capacity
..per cent..
57.5
61.4
59.8
55.5
53.1
51.3
Shipments
_.
barrels.. 644, 521 661, 949 694, 843 71 7, 496 645, 881
605, 123 576, 602
Stocks, end of month
barrels.. 51, 269
58, 585
57, 147
53, 868
55, 806
52, 094
53, 715
Unfilled orders, end of month
barrels.. 1, 343, 583 1, 276, 994 1,257,117 1, 159, 756 1,243,412 1, 198, 839 1, 340, 688
Track work, production
short tons
15, 058
14, 141
13,511
13, 716
11,776
14, 557
13, 217
Iron, steel, and heavy hardware
sales
rel. to Jan., 1921..
187
204
204
187
202
187
183
Lock washers, shipments
thous. of dolls. _
293
282
287
270
257
271
213
Wholesale prices:
Steel billets, Bessemer. .dolls, per long ton..
33.00
33.00
33.00
32.25
33.00
32.00
33.00
Iron and steel, comp.__dolls. per long ton.
35.81
35.67
35.55
36.62
35.34
34.91
36.43
Structural steel beams.. .dolls, per 100 Ibs.
1.90
1.90
1.85
1.85
1.88
1.85
1.78
Composite finished steel-dolls, per 100 Ibs.
2.54
2.51
2.49
2.54
2.48
2.48
2.53
Fabricated Steel Products
Structural steel, fabricated:
New orders (prorated)
short tons.
Ratio to capacity
per cent.
Shipments (prorated).
short tons.
Ratio to capacity
per centSteel plate, fabricated, new orders:
Total
short tons
Ratio to capacity.
per cent.
Oil-storage tanks
short tons
Steel bars, cold finished, shipments-short tons.
Steel boilers, new orders:
Quantity
number
Area
thous of sq ft
Steel furniture:
Business groupShipments
thous. of dolls.
New orders
.thous. of dolls
Unfilled orders,end mo.thous. of dolls.
Shelving—
Shipments
thous. of dolls
New orders
thous . of dolls
Unfilled orders, end mo.thous. of dolls.
Iron and steel:
Exports
long tons
Imports
_
_ long tons
Enameled Ware
Baths:
Shipments
Stocks, end of month
New orders
Unfilled orders, end of month
Lavatories:
Shipments.
_
Stocks, end of month
New orders
Sinks:
Shipments.
__
Stocks, end of month
New orders
Miscellaneous sanitary ware:
Shipments
Stocks, end of month
New orders
258, 750
69
232, 500
62
236, 250
63
243, 750
65
46, 840
59
25, 226
39, 957
50, 347
63
22, 095
35, 971
42, 376
53
14, 849
39, 431
1,247
1,337
1,325
1,295
1,571
1,456
3,169
3,283
2,512
3,066
2,915
2,360
832
841
775
27, Oil
28, 605
+5.9
543
732
+34.8
9 91, 625
9
87, 867
-4.1
-1.7
-1.8
-15.6
+7.9
627, 949
603, 327
-3.9
252, 188
375, 761
232, 342
370, 985
-7.9
-1.3
-7.0
—8 0
-9.4
-5.9
— 10 1
-11.5
-33.9
+6.9
611, 435
573, 644
-6.2
261, 187
350, 248
224, 249
349, 395
-14.1
-.2
-14.1
— 12 8
+12.8
+2,5
2, 061, 776
2, 269, 823
+10.1
+6.8
+9.0
-9.9
+4.5
+4. 5
+4.9
+24.1
+10.4
+44.5
+55 8
1, 975, 913
1, 809, 546
2, 173, 127
2, 155, 217
+10.0
+19.1
q j
-9.6
-10.0
+3.6
+7.2
-14.1
+12.0
+8.2
+12.0
+3.9
—7 7
10 9
3, 969, 974
4, 356, 436
+9.7
3, 964, 049
4,353,211
+9.8
-8.3
-10.5
+2.2
+20.7
-.8
-1.2
.0
.0
-3.0
-4.2
+3.9
-2.0
1
-17.3
107, 486
88, 905
1,795
1,844
+2.7
292, 500
78
273, 750
73
228, 750
61
258, 750
69
345, 000
92
258, 750
69
-3.7
-3.7
+2.8
+2.8
-15.2
— 15 2
+5.8
+5.8
1, 740, 000
1, 878, 750
+8.0
1, 601, 250
1, 725, 000
+7.7
36, 163
47
16, 881
39, 943
28, 811
36
7,402
36, 822
35, 434
44
17, 199
30, 605
+2.7
+6.8
+38.3
+1.0
+2.1
+6.8
-1.8
+30.5
300, 379
296, 535
-1.3
124, 927
267,030
127, 888
280,208
+2.4
+4.9
1,611
1, 470
1,615
1,528
1,542
1,366
1,516
1,778
+.2
+3.9
+6.5
-14.1
9,560
10,050
9,397
9,123
-1.7
-9.2
3, 213
3,086
2,233
3,009
2,764
1,993
2, 515
2,594
2,072
2,519
2,369
1,469
2,040
2,092
1,507
-16.4
-6.2
+4.0
+23.3
'+24. 0
+37.5
18, 435
18, 273
20, 594
21, 186
+11.7
+15.9
716
741
794
769
733
753
720
737
729
723
713
706
658
639
710
565
535
679
+.4
-3.3
-3.2
+28.0
+33.3
+4.0
4,341
4,406
5,122
5,275
+18.0
+19.7
221, 935
58,666
215, 184
55, 567
267,890
55,092
262, 052
56,573
253, 336
33, 465
184, 364
49, 599
190, 502
39, 543
-3.3
-40.8
+33.0
-15.4
1, 322, 370
308, 967
1, 612, 078
346, 127
+21.9
+12.0
pieces
pieces.
pieces
pieces..
95, 818
172, 292
124, 016
61, 880
105, 718
159, 892
191, 571
139, 801
125, 522
135, 793
127, 780
136, 238
119, 297
120, 723
113,017
121, 061
110,892
113, 717
101, 428
101, 560
115,254
139,463
113, 336
45,479
111,294
128, 516
117,720
46, 860
-0.4
-7.0
-11.5
-5.8
-10.3 -13.8
—16.1 +116. 7
696, 220
704,606
+1.2
710, 647
819, 608
+15.3
pieces
pieces.
pieces
114, 558
227, 151
153, 131
124, 027
212, 325
209, 744
141, 458
183, 173
139,110
131, 623
173, 898
138, 113
120, 913
165, 045
104, 575
119, 275
219, 007
116, 135
110, 826
233, 466
121, 276
-8.1
-5.1
-24.3
+9.1
-29.3
-13.8
756, 409
805,891
+6.5
771, 960
935, 650
+21.2
pieces
pieces..
pieces
119, 596
281,911
147, 261
125,479
268, 699
216, 182
143,791
239, 678
145,004
128, 298
227,929
128, 368
122, 893
213, 812
116,436
126, 875
267, 871
118, 159
115, 169
248, 458
120,538
-4.2
-6.2
-9.3
+6.7
-13.9
-3.4
pieces
50,302
51, 510
53,353
pieces. - 137, 416 125,325 113,088
Dieces.. 61. 600
ML 01 9
73.4/55
i Cumulative through Juno 30.
48, 221
111, 141
47 107
48,671
110,365
54,481
132,602
45,523
134,133
+.9
-.7
—ii R
+6.9
-17.7
311, 250
303, 750
83
81
262, 500 10 266, 250
1071
70
10
35, 202
44
12, 204
39, 542
10
10
41 79ft
fil 109
40 SArt
" Kevised.
— 1* 8
785, 382
823, 429
+4.8
795, 128
953, 984
+20.0
335, 714
334,028
<«n oat
QAK IK A
-^5
_i_in ft
25
TREND OF BUSINESS MOVEMENTS—Continued
1928
The cumulatives shown are through
July, except where otherwise noted.
Earlier data for items shown here may
be found on pages 28 to 137 of the
August, 1928, "Survey"
PER CENT INCREASE (+) OR
1937
DECREASE ( — )
CUMULATIVE TOTAL
FROM JAN. 1
THROUGH JULY 31
Per ct.
increase
or decrease
March
July
July,
1928,
from
June,
1928
115,375
123,117
-13.2 +122.7
292, 048
248, 599
»2,141,189
2,134, 181
-.3
5,907
47
4,668
37
« 37, 245
« 34, 358
-7.8
'6, 749
53
6,040
48
9
«36,288
-7.2
April
May
June
July
June
360, 858
348, 844
315, 920
274, 135
331, 034
348, 501
299, 078
5,430
45
5,628
47
5,477
49
6,219
52
6,924
58
5,322
47
July,
1928,
from
July,
1927
cumulative
1928
from
1927
1938
1937
IRON AND STEEL— Continued
Enameled Ware— Continued
Small ware (all except baths):
Unfilled orders, end of month.
pieces.. 185, 255
Enameled sheet-metal ware:
Shipments
dozen pieces . 442, 689
Porcelain flat ware:
New ordersTotal
thous. of sq. ft..
7,024
Ratio to capacity
per cent..
59
Shipments—
Total
thous. of sq. ft .
6,526
Ratio to capacity per cent
54
1
39, 100
Machinery
Vacuum cleaners, shipments
number
97, 712
Washing-machines, shipments:
Total
number..
90, 770
Electric
number
74, 610
Water softeners, shipments..
units
1,956
Water systems, shipments
_ units. _
7,873
Pumps:
Domestic shipmentsPitcher, hand, etc
units __
52, 946
Power, horizontal type .
units
2,578
Steam, power, and centrifugalNew orders
thous. of dolls
1,418
Shipments
thous. of dolls ..
1,352
Unfilled orders,end mo. thous. of dolls..
3, 309
Agricultural machinery and equipment:
ShipmentsTotal
rel to 1923-25
216.0
Domestic
rel. to 1923-25
216. 8
Foreign
rel to 1923-25
211.4
Production
rel. to 1923-25
143.9
Foundry equipment:
New orders
rel. to 1922-24
138.6
Shipments.. .
. rel. to 1922-24
142.9
Unfilled orders, end mo
rel. to 1922-24..
127.1
Stokers, mechanical, sales:
Quantity
number
123
Power
_
horsepower. _ 43, 425
Machine tools:
222
New orders
rel. to 1922-24
Shipments
rel. to 1922-24
210
Unfilled orders, end of mo_.rel. to 1922-24..
376
Electric hoists:
New orders—
Quantity
number
557
Value
dollars
260, 222
Shipments
dollars.. 214, 080
Electric overhead cranes:
672
Shipments
thous. of dolls..
704
New orders.thous. of dolls
Unfilled orders, end of mo-.thous. of dolls..
1, 699
Woodworking machinery:
New orders
thous. of dolls
1,317
Shipments.
thous. of dolls
1,346
Shipments
number of machines..
1,064
, 21
Cancellations
thous. of dolls. _
Unfilled orders, end of mo_ -thous. of dolls. _
1,438
Electric industrial trucks and tractors:
Shipments, domestic—
Tractors
_ _ number of vehicles
18
All other types
number of vehicles _ _
97
Exports
number of vehicles..
16
Fire-extinguishing equipment, shipments:
Motor vehicles
number
108
Hand types
number. _
52, 375
Patents issued:
Total, all classes
number
3,229
Agricultural implements
number. .
49
52
Internal-combustion engines
number
• 515, 787 • 506, 145
89, 587
89, 661
75, 631
86, 772
69, 884
1,489
8,182
88, 164
70, 922
1,480
8,997
79, 962
63, 531
10 1, 235
9,624
78, 564
62, 337
1,218
8,815
79, 825
64, 892
1,482
8,354
70, 260
58, 009
1,238
7,586
42, 990
2,299
40, 190
2,305
43, 693
1,842
43, 631
2,251
43, 322
1,038
38, 752
1,024
1,504
1,376
3,383
1,428
],518
3,239
1,505
1,640
3, 088
1,460
1, 553
2, 984
1,374
1, 498
3,350
1,409
1,597
3,044
-3.0
-5.3
-3.4
+3.6
-2.8
-2.0
187.2
184.6
200. 6
148.2
186. 6
186. 2
188. 3
145. 8
JO 219. 3
10 222. 4
10 202. 8
10 142. 4
211.6
204. 7
248. 3
142. 9
167. 6
176.2
123.0
137.7
158. 5
158.5
158.8
127.8
-3.5
-8.0
+22.4
+.4
+33. 5
+29.1
+56.4
+ 11.8
107.7
112.5
126.1
335. 6
104.7
344.5
149.1
129.4
359. 3
94.8
124.8
332.1
138.4
89.9
-36.4
—3 6
—7.6
+5.5
88
31, 043
130
38, 705
166
43, 212
193
59, 859
183
59, 958
136
41, 504
+16.3
+38.5
+41.9
+44.2
222
219
371
205
204
345
215
193
348
204
181
420
139
142
200
129
100
216
-5.1
-6.2
+20.7
+58.1
+81.0
+94.4
394
198, 004
188, 967
462
204, 551
190, 174
442
181, 205
195, 807
394
204, 636
177, 404
285
128, 313
129, 810
229
105, 103
98, 020
-10.9
+12.9
-9.4
659
410
1, 520
547
708
1,671
(500
573
1,688
463
733
1, 800
801
964
2, 643
679
689
2,746
-22.8
+27.9
+6.6
1,329
1, 150
931
42
1,577
1,985
1,490
1,082
25
2,058
1,173
1,319
871
44
1,873
1,247
1,264
932
32
3,838
1,146
1,508
1,199
10
1,305
9
122
6
8
95
13
6
97
14
5
87
15
101
46, 643
107
55, 033
97
47, 687
3,321
45
43
4,248
56
63
70, 327
79, 110
128, 972
144, 842
72, 642
48, 210
69, 721
82, 087
122, 824
143, 427
72, 234
45, 550
87, 292
242, 416
.1385
72, 893
235, 392
.1399
a 241, 698
-1.9
+11.8
+7.5
-1.6
+16.2
548, 267
449, 177
10, 586
45,584
567, 902
459, 956
10,042
56,313
-.1 + 12.6
+22.2 +119.8
301,802
5,983
327, 271
+8.4
14, 464 +141.8
-1.7
-1.9
-1.4
-8.4
+3.6
+2.4
-5.1
+23.5
10, 509
10, 251
9,798
9,754
-6.8
-4.8
865
318, 403
860
286, 459
-.6
-10.0
+72.1
+94. 7
+81.0
1,950
970, 129
897, 578
2,994
1, 381, 941
1, 267, 194
+53.5
+42.4
+41.2
-31.8
+6.4
-34.5
5, 763
5,132
3,968
4,005
-31.1
-22.0
1,036
1,105
971
13
1,167
+6.3 +20.4
-4.2 +14.4
+7.0
-4.0
-27.3 +146. 2
-1.9 +57. 5
9,124
9,466
7,454
95
9,441
+3.5
8,846
-6.5
6,690 -10.2
196 +206. 3
20
97
23
12
73
5
-16.7 -58. 3
-10.3 +19.2
+7.1 +200. 0
90
619
76
66
682
91
-26.7
+10.2
+19.7
100
48, 591
147
58, 522
118
46, 285
+3.1
+1.9
-15.3
+5.0
836
354, 162
677
334, 214
-19.0
-5.6
4,275
24
42
3,107
44
59
3,137
44
76
3,078
50
47
-27.3
+83.3
+40.5
+25.5
+.9
-12.0
24, 537
373
510
24, 820
295
371
+1.2
-20.7
-27.3
73, 729
85, 745
129, 236
153, 414
79, 103
56, 667
73, 224
88, 398
131, 024
156, 474
81, 436
50, 261
73, 426
83, 875
135, 092
153, 190
82, 245
47, 855
69, 539
77, 847
113, 233
134, 243
63, 465
42, 833
65, 545
75, 029
118, 133
132, 186
61, 965
42, 592
+0.3
-5.1
+3.1
-2.1
+1.0
-4.8
+12.0
+11.8
+14.4
+15.9
492, 533
566, 697
865, 501
953, 826
492, 785
297, 096
496, 319
578, 539
894, 719
1, 036, 439
526, 273
343, 730
+0.8
+2.1
+3.4
+8.7
+6.8
+15.7
66, 288
241, 755
.1420
58, 809
54, 871
104, 388
96, 360
251, 694
257, 673
257, 823
250, 957
.1237
.1453
.1453
.1253
9
Cum illative thr ough June 30.
-6.7
+2.4
.0
-47.4
+2.7
+16.0
NONFERROUS METALS
Copper
Production:
Mines
short tons
Smelter
short tons
Refined (N. and S. America)— .short tons..
World production, blister
short tons
Domestic shipments, refined
.short tons..
Exports
short tons
Stocks (North and South America), end mo.:
Refined
short tons
Blister.. _ _
short tons
Wholesale price, electrolytic
dolls, per lb_.
3 Quarter ending in mon th indicate d.
+32.7
+12.4
10
Revised.
26
TREND OF BUSINESS MOVEMENTS—Continued
1938
The cumulatives shown are through
July, except where otherwise noted.
Earlier data for items shown here may
be found on pages 28 to 137 of the
August, 1928, "Survey"
March
April
May
PER CENT INCREASE (+) OR
DECREASE (— )
1937
June
July
June
July
July,
1928,
from
June,
1928
July,
1928,
from
July,
1927
CUMULATIVE TOTAL
FROM JAN. 1
THROUGH JULY 31
1938
1937
Per ct.
increase
(+)
or decrease
(-)
cumulative
1928
from
1927
NONFEKROUS METALS— Continued
Wire Cloth
Production
Shipments
Stocks, end of month
New orders
Unfilled orders, end of mo
Make and hold orders, end
of month
thous. of sq.
thous. of sq.
thous. of sq.
-thous. of sq.
thous. of sq.
ft
ft._
ft_.
ft_.
ft..
584
452
1,141
400
269
413
405
1,147
399
283
431
407
1,134
371
258
400
364
1,157
310
185
367
365
1,124
346
247
435
431
1,292
392
229
418
391
1,374
367
245
-8.2
+.3
-2.9
+11.6
+33.5
-12.2
-6.6
-18.2
-5.7
+.8
thous. of sq. ft._
422
438
402
414
405
395
417
-2.2
-2.9
3,079
2,871
3,244
2,879
-5.1
-.3
2,639
Tin
Deliveries (consumption)
Stocks, end of month:
World visible supply
United States
Imports
Wholesale price, Straits, N. Y
long tons
7,960
7,010
5,335
6,950
5, 545
5,735
5,950
-20.2
-6.8
43, 280
44, 005
+1.7
long tons..
long tons..
_long tons..
dolls, per lb..
15, 586
2,078
8,138
.5218
15, 001
1,973
9,494
.5236
17, 064
3,708
7,045
.5154
16, 231
2,148
5,050
.4794
18, 022
2,878
4,772
.4704
15, 638
1,519
5,139
.6742
15, 377
1,984
5,682
.6406
+11.0
+34.0
-5.5
-1.9
+17.2
+45.1
-16.0
-26.6
41, 694
46, 218
+10.9
71, 252
56.2
55, 881
41, 529
72, 522
59.0
53, 493
44, 759
70, 260
57.2
53, 422
45, 225
65, 680
53.4
50, 825
44, 468
62, 384
53.9
50, 890
42, 210
80, 047
57.8
49, 718
43, 858
76, 519
58.2
47, 627
39, 323
-5.0
+.9
+.1
-5.1
-18.5
-7.4
+6.9
+7.3
365, 052
366, 967
+0.5
47,972
59, 746
. 0562
51, 579
49, 097
.0576
50, 630
41, 747
.0603
64, 531
32, 266
.0616
43, 227
31, 679
.1620
31, 167
35, 677
.0621
59, 104
30, 813
.0623
-33.0
-1.8
+.6
-26.9
+2.8
-.5
391, 133
342,768
_i2.4
58, 031
50, 115
51,481
51, 501
48, 596
58, 391
57, 059
-5.6
-14.8
407, 590
369, 121
-9.4
6,424
77, 054
52, 150
173, 411
.0600
6, 438
58, 401
47, 939
161, 207
.0610
6,352
61, 790
53, 991
159, 375
.0612
13, 277
77, 074
54, 185
162, 274
.0630
6,623
56, 395
6,169
63, 114
49,005
165, 589
.0634
-50.1
-26.8
+7.4
-10.6
59, 970
458, 357
336, 567
53, 242
478, 833
318, 256
-11.2
+4.5
-5.4
.0622
5,194
62, 842
53, 060
170, 287
.0641
-1.3
-1.9
4,843
1, 118
3,725
4,607
1,028
3,578
4,731
1,106
3,625
4,693
900
3,793
4,855
830
4,025
4,605
1,442
3,162
-.8
-18.6
+4.6
+1.9
-37.6
+20.0
35, 736
7,687
28, 048
392, 146
158, 677
211,414
22, 055
374, 490
163, 075
185, 511
25, 904
345, 169
148, 148
168, 420
28, 601
266, 219
110, 104
134, 350
21, 765
398, 743
170, 942
208, 334
19, 467
366, 338
142, 373
204, 470
19, 495
-22.9
-25.7
-20.2
-23.9
-27.3
-22.7
-34.3
+11.6
3, 040, 881
1, 127, 264
1, 754, 187
159, 430
208, 544
201, 119
177, 170
155, 561
141,448
144, 385
110,909
119, 724
124, 264
128, 816
31, 545
36, 452
39, 206
35, 143
48, 038
52, 771
48, 849
46, 357
30, 712
31, 832
Zinc
Retorts in operation, end of month number..
Per cent of total
..
. per cent. _
Production
short tons..
Stocks, end of month
. short tons. .
Ore, Joplin, district:
Shipments
. short tons..
Stocks, mines, end of month _ .short tons..
Price, slab, prime western
dolls, per lb._
Lead
Production
short tons
Ore shipments:
Joplin district
short tons
Utah
... short tons
Receipts in U. S. ore
short tons..
Stocks, U. S. and Mexico, end mo. _ .short tons..
Price, pig, desilverized, N. Y
dolls, per lb..
Other Metal Products
Babbitt metal, consumption:
Total apparent
thous. of Ibs
4,928
Direct by producers
thous. of Ibs
1, 025
Sale to consumers.
thous. of Ibs..
3,903
Band instruments, shipments:
Total
dollars
468, 757
Cup mouthpieces
dollars
178,457
Saxophones
dollars. . 263, 685
Wood wind
dollars
26, 615
Pails and tubs, galvanized:
Production
dozens 10 173, 592
Shipments ..
. . . .-dozens . 175, 472
Other galvanized ware:
Production
dozens
50, 904
Shipments
dozens
45, 205
33, 201
7,098
26, 102 !
-7.1
-7.7
-6.9
2, 610, 624 -14.1
1, 054, 929 1
-6.4
1, o79, 919 ! -21.3
175, 776 +10. 3
9 926, 086 91,004,112
9 942, 038 91,001,967
+8.4
+6.4
» 215, 262
» 209, 227
9 233, 980
6234,345
+8.7
+12.0
9 480, 079
9 487, 315
9 546, 986
9 822, 138
9 388, 118
« 735, 822
9 2,867, 990
9
14, 077
« 7,401
9 6, 456
-29.0
-10.5
Electrical Equipment
Electrical mfrs., new orders
3
(quarterly) .
,. . thous. of dolls 2 242, 875
244, 440
Electrical porcelain, shipments:
Standard
dollars
57, 919
49, 536
70, 674
66, 968
Special _
_
dollars.. 131,212 116,516 133, 524 128, 243
High tension
.
dollars
444, 804
521, 682
540, 212
514, 307
Glazed nail knobs
thous. of pieces
2,172
1,297
2,207
2,597
Unglazed nail knobs
thous. of pieces. . 1,381
953
1,557
1,349
Tubes
thous. of pieces
873
1,087
1,155
1,239
Laminated phenolic products,
shipments
.
dollars
877, 401
857, 478 1, 020, 948
872, 336
Motors:
New orders
dollars
889, 110
730, 979
805, 824
896, 638
Billings (shipments)
. dollars. . 782, 185 749, 534 786, 991 761, 630
Power switching equipment (quarterly) :
New ordersIndoor
..single pole units.. 2 12, 267
(3)
2 14, 234
Outdoor
single pole units
(3)
Outlet boxes and covers, shipments
pieces 3,166,488 2, 518, 077 2, 763, 094 2, 779, 032
Vulcanized fiber:
621
Shipments, total
thous. of dolls
662
662
626
Consumption
thous. of lbs._
3,092
3,098
2,700
2,965
Industrial reflectors, sales
units
137, 102
109, 804
107, 801
117, 104
Power cables, shipments
thous. of ft
1,860
2, 130
1,770
1,947
Flexible cords:
Shipments
thous. of ft_. 42, 390
37, 853
41,357
37, 803
Stocks, end of month
thous. of ft.. 44, 958
44, 751
46, 882
45, 145
Welding sets, new orders:
238
Single operator
units
206
239
285
2
11
Multiple operator
..units..
28
31
2
Quarter
ending
Mar.
31,
1928.
3
Quarter ending in month indicated.
4
Percentage change from quarter ending Mar. 31, 1928.
4
3 236, 427
96, 438
134, 550
+0.6
s+3.4
3,358
2,123
2,107
592, 366
636, 716
9 3,038, 619 9 4,989, 688
+64.2
810, 424
859, 582
736, 679
776, 866
9 4,880, 428 9 4,660, 068
» 4,590, 269 9 4,346, 701
-4.5
-5.3
3 14, 409
3 17, 407
2, 285, 533 1,936,639
912,985,808 916,080,834
+23.8
736
2,570
117, 156
719
2,256
107, 384
9 4, 712
9
16, 048
9 758, 942
139
12
118
8
9
3, 919
9
16, 652
9
727, 591
9
36, 660
60,017
5
9
+1.5
42, 402
131, 293
400, 398
1,864
635
1,030
9827
966
Percentage change from quarter ending June 30, 1927.
Cumulative through June 30.
10 Revised.
-16.8
+3.8
-4.1
231, 764
9 1, 268
9100
+53.3
+51.5
27
TREND OF BUSINESS MOVEMENTS—Continued
1938
The cumulatives shown are through
July, except where otherwise noted.
Earlier data for items shown here may
be found on pages 28 to 137 of the
August, 1928, "Survey"
PER CENT INCREASE (+) OR
1937
DECREASE ( — )
Julv,
March
April
1928,
June
May
July
June
from
June,
1928
July
July,
1928,
from
July,
1927
CUMULATIVE TOTAL
FROM JAN. 1
THROUGH JULY 31
1937
1938
Per ct.
increase
(+)
or decrease
(-)
cumulative
1928
from
1927
NONFEEKOUS METALS— Continued
Electrical Equipment— Continued
Panel boards and cabinets, shipments
2
(quarterly)
._
thous. of dolls
917
Nonmetallic conduits, shipments.. thous. of ft..
8,270
Electric furnaces, new orders
..kilowatts
5,967
Manufactured mica:
Shipments
thous. of dolls..
309
Unfilled orders, end of mo._thous. of dolls. .
310
Delinquent accounts, electrical trade:
Amount
dollars.. 213,043
Delinquent firms ._
number
1,769
Radio equipment, dealers' stocks, end quarter: 2
Receiving sets
pieces..
80,
751
2
Loud speakers
__ pieces
71, 078
Batteries. _
pieces. _ 2 309, 682
Socket-power units
pieces _ 2 39, 912
Tubes, receiving
pieces. . 2 643, 539
Tubes, rectifying
pieces. _ 2 40, 646
AUTOMOBILES
Production:
United StatesTotal
number of cars
Passenger cars
number of cars..
Trucks
number of cars..
CanadaTotal
. number of cars
Passenger cars
number of cars
Trucks.. ._
number of cars
Exports (assembled):
From United StatesTotal
number of cars__
Passenger cars
number of cars
Trucks ._
number of cars
From Canada —
Total
.. number of cars
Passenger cars
number of cars
Trucks
_
number of cars
Foreign assemblies
..number of cars..
Shipments (General Motors Co.):
To dealers
number of cars..
To users
.
number of cars
Accessories and parts:
ShipmentsOriginal equipment ..rel. to Jan., 1925..
Replacement parts.. _rel. to Jan., 1925. .
Accessories. __
rel. to Jan., 1925..
Service parts _
rel. to Jan , 1925
Exports
thous. of dolls..
Rim production
thous. of rims..
New passenger-car registrations:
Total
_
__
number of cars
Highest price group
number of cars..
Second highest group
number of cars .
Third highest group.... .number of cars .
Lowest price group
number of cars
Miscellaneous
.number of cars..
7,860
5,131
8,939
5,668
31 205
7,645
4,958
246
335
279
196
270
305
173, 482
1,485
196, 243
3,488
165, 775
1, 291
151, 476
1,191
4
3 823
9,359
8,580
175, 069
1, 526
201, 183
1,427
3
9 1, 561
60, 952
9 2, 122
9 47, 554
+35.9
-22.0
+45. 4
+42.7
+66. 1
2, 337, 459
2, 039, 488
297, 971
2, 592, 592
2, 303, 660
288, 932
+10.9
+13.0
-3.0
+31.4 5+46.4
-8.6
-7.7
9
-24.7
-16.5
-34 5
—40 7
—42 7
-50.7
-37.6
-34.9
52, 877
3 42 158
177, 505
3
19, 696
3
401, 654
3
26, 461
3
413, 386
371, 821
41, 565
410, 191
364, 877
45, 314
426, 101
375, 863
50, 238
396, 967
356, 439
40, 528
390, 445
337, 933
52, 512
321, 967
278, 729
43, 238
268,485
236, 868
31,617
17, 469
15, 223
2,246
24, 211
20,517
3, 694
33, 942
29, 764
4, 178
28, 399
25, 341
3,058
25, 226
20, 122
5,104
19, 208
16, 470
2,738
10, 987
8,719
2,268
-11.2 +129. 6
-20.6 +130. 8
+66.9 +125.0
137, 168
113, 730
23,438
150, 214
127, 978
22, 227
+9.5
+12.5
-5.2
49, 974
40, 181
9,793
42, 269
33, 644
8,625
47, 912
38, 851
9, 061
47, 171
36, 038
11,133
51, 679
38, 880
12, 790
27, 629
20, 815
6,814
28, 604
19, 398
9, 206
+9.6 +80.7
+7.9 +100.4
+14.9 +38.9
252, 874
187, 057
65, 817
305,017
233, 184
71, 824
+20.6
+24.7
+9.1
3, 557
2, 686
871
15, 967
3,996
2,957
1,039
18, 531
6, 157
4,511
1, 646
21, 124
5, 589
4,431
1,158
18, 481
8,021
6,545
1,476
16, 137
4,576
3,089
1,487
20, 870
3, 247
2,059
1,188
17, 969
+43.5 +147.0
+47.7 +217. 9
+27.5 +24.2
-12.7 -10.2
39, 332
27, 384
11,948
137, 697
34, 933
25, 596
9,337
114, 910
-11.2
-6.5
-21.9
-16.5
197, 821
183, 706
197, 597
209, 367
207, 325
224, 094
186, 160
206, 259
169, 473
177, 728
155, 525
159, 701
136, 909
134, 749
-9.0
-13.8
+23.8
+31.9
1, 020, 386
975, 230
1, 252, 789
1, 240, 461
+22.8
+27.2
231
136
113
174
12, 157
2,420
213
151
107
164
12, 466
2,316
215
183
113
157
11,491
2, 186
200
150
110
140
11,838
2,429
203
148
112
120
12, 571
2,210
176
130
132
171
8,152
1,877
148
142
97
136
9,973
1,680
+1.5
-1.3
+1.8
-14.3
+6.2
-9.0
+37.2
+4.2
+15.5
-11.8
+26.1
+31. 5
64, 391
13, 100
77, 582
15, 179
+20. 5
+15.9
254, 723
11, 370
53, 461
76, 360
112,820
712
332, 056
14, 705
71, 050
99, 201
146,282
818
351,332
14, 642
72, 993
102, 890
159, 926
881
317, 032
11,648
64, 480
90, 176
150, 028
700
266, 291
10, 367
61, 924
66, 449
126, 273
1,278
247, 736
11, 595
63, 561
66, 503
105, 563
514
»1, 8532, 946 91,556,242
9
66, 618
56, 454
« 333, 487 9 329, 041
» 345, 013 9461,961
» 788, 918 9 704, 356
9 9, 074
9 4, 266
+1.5
+18.0
-1.3
+33.9
-10.7
-53.0
36, 624
1,258
1,144
35, 963
1, 338
1,277
36, 276
1,309
1,503
36,627
1,444
1,694
33, 637
1,230
1,531
+0.9
-2.2
+17.7
+7.8
+6.4
-1.8
314
-2.5
-6.3
-1.6
-5.2
+29.6
FUELS
Coal and Coke
Bituminous:
ProductionUnited States
thous. of short tons__
43, 955
Canada.
thous. of short tons .
1,401
Exports
thous. of long tons..
756
Consumption—
By vessels .
thous of long tons
305
By electric-power
plants
thous. of short tons
3,472
By railroads
thous. of short tons
8,265
By coke plantsUnited States
thous. of short tons..
6,548
Canada
thous. of short tons
252
Stocks, end of month,
held by consumers. .thous. of short tons..
48, 300
Prices1.92
Mine aver. (spot). dolls, per short ton._
Wholesale, comp dolls, per short ton
4.045
Retail, composite dolls, per short ton
9.26
AnthraciteProduction
thous. of short tons..
5,497
Exports
thous. of long tons..
189
Stocks, end of mo. in
25
yds of dealers
no of days' supply
Prices13. 207
Wholesale, comp.. .dolls, per long ton..
15.08
Retail.coniDosite. .dolls, per short ton_.
2
Quarter
ending
Mar.
31,
1928.
3
Quarter ending in month indicated.
4
Percentage change from quarter ending
32, 188
1,123
711
306
364
322
3,119
7,^6
3,117
7, 400
3,057
6,927
6,235
243
6,484
266
6,167
271
1.74
4.016
9.20
1.73
3.986
8.18
1.73
3.973
8.72
1.70
3.956
8.69
6,909
182
8,124
266
5,301
209
4,475
167
12. 752
14.46
1° 12. 949
14.61
6,046
279
41
55
6,079
239
5,993
231
-2.0
+3.0
+.9
+20.8
1.85
4.272
8.89
1.86
4.251
8.91
-1.7
-.4
-.3
-8.6
-6.9
-2.5
7,257
304
10 4, 993
228
-15.6
-20.1
-10. 4
-26.8
50
-12.8
-1.3
-31, 7
2,371
2,197
-7.3
• 20, 503
948,578
919,915
946,204
-2.9
-4.9
44, 729
1,705
43, 636
1,801
-2.4
+5.6
45, 890
1,599
41, 578
1,470
-9.4
-8.1
57
-1.4
+.3
+.1 -1.2
Percentage change from quarter ending June 30, 1927.
Cumulative through June 30.
10 Revised.
12. 965
14.63
5
9
Mar. 31,1928.
335
3,353
7,184
270, 565
9,527
7,037
75,000
41, 700
12. 794
14.64
357
3, 253
7,225
310, 266
9,657
10, 299
13. 057
14.70
13. 148
14.81
28
TREND OF BUSINESS MOVEMENTS—Continued
1938
The cumulatives shown are through
July, except where otherwise noted.
Earlier data for items shown here may
be found on pages 28 to 137 of the
August, 1928, "Survey"
March
April
May
PER CENT INCREASE (+) OR
DECREASE (— )
1927
June
July
June
July
July,
1928,
from
June,
1928
July,
1928,
from
July,
1927
-10.3
-1.3
+2.6
-37.3
-42.0
+6.9
+25.8
+36.2
CUMULATIVE TOTAL
FROM JAN. 1
THROUGH JULY 31
1938
1937
Perct
increase
(
or t>
decrease
(-)
cumulative
1928
from
1927
FUELS— Continued
Coal and Coke— Continued
Coke:
Production, U. S.—
Beehive
thous. of short tons..
By-product..
thous. of short tons..
Production, Canada ..thous. of short tons..
Exports . ..
-thous. of long tons _
Price, furnace,
Connellsville
..dolls, per short ton..
Petroleum
Crude petroleum:
Production
Stocks, end of monthTotal (comparable)
Tank farms and pipe
lines
Refineries
thous. of bbls__
449
4,065
182
74
377
3,925
174
62
376
4,100
193
89
10302
3,961
195
126
271
3,911
200
79
579
3,597
166
59
467
3,658
159
58
2.72
2.74
2.70
2.80
2.79
3.17
3.04
-.4
-8.2
72, 526
75, 426
10 75, 303
10 78, 780
+4.0
-4.3
75, 307
72, 127
75, 218
thous. of bbls.. 368, 744
371, 579
371, 849
thous. of bbls
325, 135
thous. of bbls.. 43, 609
328, 354
43, 225
Light
thous. of bbls.. 19, 633
18, 752
Heavy
thous. of bbls
94, 484
94, 301
Imports
- thous. of bbls..
6,845
5,661
Consumption (run to stills) -thous. of bbls_. 72, 124
72, 979
Refinery operation
per ct. of capacity..
75
79
Price, Kansas-Oklahoma .dolls, per bbl__
1.190
1.190
Oil wells completed
number
949
961
MexicoProduction
thous. of bbls
4,729
4,596
Exports.
thous. of bbls. _
3,379
3,940
Venezuela —
Production
thous. of bbls. . 7,601
7,594
Exports
thous. of bbls__
7, 582
7,387
Gasoline:
ProductionRaw (at refineries)
thous. of bbls.. 29, 245
29, 332
Natural gas (at plants). .thous. of bbls..
3,426
3,469
Exports
thous. of bbls
3,777
4,044
Consumption
.thous. of bbls
24, 041
25, 712
Stocks, end of monthRaw (at refineries)
thous. of bbls__ 40, 229
40, 210
Natural gas (at plants).. thous. of bbls..
842
832
PricesWholesale, New York _ .dolls, per gal
.170
.170
Retail, wagon* 50 cities.. dolls, per gal_.
.148
.150
Retail distribution, 41 States. thous. of gals.. 10 701, 696 10 754, 020
Kerosene:
Production
thous. of bbls
4,717
5,033
Exports
thous. of bbls..
1,325
1,468
Consumption
. thous. of bbls
2,737
3,234
Stocks at refineries, end mo -thous. of bbls.
7,826
7,733
Price, 150° water white
dolls, per gal__
.069
.069
Retail distribution, 13 States.thous. of bbls.. 33, 707
33, 206
Gas and fuel oils:
Production
thous of bbls
34, 071
33, 857
Consumption—
By vessels
thous. of bbls
4,275
4,236
By electric pow. plants -thous. of bbls..
532
610
By railroads
thous. of bbls. . 4,106
4,085
Stocks at refineries, end mo -thous. of bbls.. 29, 170
29, 499
Price, Okla. 24-26, refineries .dolls per bbl__
.850
.840
Lubricating oil:
Production
thous. of bbls
2,905
3,026
Consumption
thous of bbls
1,988
2,362
Stocks at refineries, end mo thous. of bbls
8,412
8,018
Price, cylinder oil
dolls, per gal
.221
.223
Asphalt:
Production
thous. of short tons..
274
270
Stocks, end of month. thous. of short tons
269
274
Imports
thous. of short tons
8
6
Coke:
Production ._
. thous. of short tons
107
109
Stocks, end of month, .thous. of short tons..
352
342
Wax:
Production
thous of Ibs
50, 207
57, 548
Stocks, end of month _
thous. of Ibs
120, 800
110,010
370, 751
369, 243 10 315, 464 10 324, 378
-.4 +13.8
328, 556
43, 293
328, 094
42, 657
326, 314 10 279, 697 10 287, 833
42, 929
35, 767
36, 545
-.5 +13.4
+.6 +17.5
19, 170
93, 941
6,766
77,311
80
1.190
961
19, 197
94, 234
6,553
75, 681
81
1.190
1,056
4,347
3,065
18, 215
95, 663
7,878
80,700
82
1.195
1,096
-5.1
+1.5
+20.2
+6.6
+1.2
+.4
+3.8
-28.0
+4.3
+63. 3
+13.0
+2.5
+3.5
-14.0
4,886
25, 771
1,176
381
2,541
27,092
1,295
571
-48.0
+5.1
+10.1
+49.9
519, 454
510, 714
-1.7
1° 30, 818
476, 326
45,884
512, 589
+48.9
+7.6
26, 898
90, 516
4,019
10 67, 567
79
1.155
1,248
25, 301
91, 695
4,824
10 71, 405
80
1.155
1,275
6,623
-30.1
4,049
2,808
5,321
4,680
5,488
4,548
9 33, 884
» 27, 010
26, 965
919,169
-20.4
-29.0
8,784
8,511
10 9, 398
10 8, 808
4,807
3,849
5,480
4,426
« 27, 697
9 21, 912
9 47, 170 +70.3
8 45, 885 +109. 4
30, 825
3,474
6,535
27, 355
30, 675
3,317
4,614
29, 022
32, 884
3,410
5,108
31, 985
10 26, 471
3,093
4,209
10 27, 717
10 28, 040
3,119
3,097
10 29, 750
+7.2 +17.3
+2.8 +9.3
+10.7 +64.9
+10.2
+7.5
188, 615
21, 953
25, 113
166,811
207, 615
23, 742
31, 096
180, 190
+10.1
+8.1
+23.8
+8.0
37, 336
809
34, 393
648
30, 392
477
10 43, 850
971
10 39, 106
992
-11.6
-26.4
.170
.152
843, 845
.170
.153
861, 547
.173
.156
.190
.149
»<>794,858
.190
.149
861, 547
9 3,929,575 94,387,774
+11.7
5,243
1,489
3,383
7,537
.074
31,624
4,849
1,132
2,385
8,370
.073
30, 719
4,994
1,243
3,079
8,470
.068
4,308
1,611
2,695
8,567
.072
10 32 762
4,484
1,360
10 2, 532
10 9, 143
.070
29 845
32, 431
10, 723
20, 979
34, 666
10, 543
20, 781
+6.9
-1.7
-.9
35, 620
10 35, 565
36,941
31, 709
10 33, 554
5, 013
483
4,093
32, 887
.763
4,307
498
3,819
36, 015
.719
4,101
553
37, 410
.670
4,244
476
10 3, 748
26, 590
.906
4,077
474
3,756
28, 890
.900
3,091
1,989
8,060
.228
3,009
2,143
7,832
.220
2,827
1,930
7,667
.226
2,571
2,197
7,628
.253
2,672
10 1, 827
7,496
.250
331
262
13
332
271
3
329
251
11
347
232
24
118
348
118
•344
127
385
* 95
293
90
306
51, 072
103, 639
50, 792
10 91, 987
45, 273
84, 476
44, 938
198, 808
47, 979
191, 501
43, 889
31, 014
51,061
39, 895
27, 764
53, 159
31, 258
49, 459
33, 045
48, 778
41, 938
37, 677
41,209
+1.8
+2.0
9,469
9
-22.3
-51.9
-8.9
+4.7
+3.0 +11.4
+9.8 -8.6
+29.1 +21.6
-7.4
+1.2
-6.8 -2.9
9 188, 871
9 190, 179
+.7
+ 10.1
226, 085
239, 269
+5.8
+.6
-4.8
+11.0 +16.7
28, 176
4,119
29, 466
3,805
+4.6
-7.6
+3.9 +29.5
-6.8 -25.6
• 23, 842
9 24, 003
+.7
-6.0
-9.9
-2.1
+2.7
+5.8
+5.6
+2.3
-9.6
18, 152
10 2, 498
20, 244
13, 551
+11. 5
+8.4
335
-.9
214
-7.4
10 +266. 7
-1.8
+17.3
+10.0
1,860
1,944
+4.5
98
52
-46.9
+7.6 +41.1
+11.9 +25.8
640
782
+22.2
-10.9
-8.2
-5.6
-55.9
343, 222
359, 936
+4.9
+12.6
-17.0
308, 287
260, 634
287, 110
263, 498
241, 182
286, 995
-14.5
-7.5
.0
* -.1 « +.2
+.6 *-1.6
9 186, 262
9 161, 225
• 190, 493
9 162, 194
+2.3
+.6
+3.9
RUBBER
Crude Rubber
World shipments, plantation
long tons
46, 887
36, 114
Imports (including latex) _ .
long tons
37, 958
40, 688
Consumption by tire mfrs
thous. of Ibs
48, 897
43, 701
Consumption (quarterly):
Total
.
long tons
2 95, 273
For tires
long tons.. 280,871
Stocks, end of quarter:
Total
long tons 2 112, 103
Manufacturers
long tons.. 28 91, 700
Dealers
long tons
20, 403
Afloat
long tons.. 2 35, 572
4
» Quarter ending Mar. 31,1928.
Percentage
' Quarter ending Jn month indicated.
• Percentage
3 95, 220
3 81, 323
3 87, 771
3 77, 132
3 10, 639
3 38, 478
3 94, 983
3 82, 648
3 84, 811
3 71, 776
3 13, 035
3 45, 169
change from quarter ending Mar. 31, 1928.
cnange from quarter ending June 30,1927.
4
4
-21. 7
4
-15.9
4
—47. 1
4
«+3.5
8+7.5
5—18.4
+8. 2 ,«-14.8
9
Cumulative through June 30.
10 Revised.
29
TREND OF BUSINESS MOVEMENTS—Continued
1938
The cumulatives shown are through
July, except where otherwise noted.
Earlier data for items shown here may
be found on pages 28 to 137 of the
August, 1928, "Survey"
March
April
May
PER CENT INCREASE (+) OR
DECREASE (— )
1937
June
July
July
June
July,
1928,
from
June,
1928
July,
1928,
from
July,
1927
-0.5
-44.7
CUMULATIVE TOTAL
FROM JAN. 1
THROUGH JULY 31
1937
1938
Per ct.
increase
(+)
or decrease
(-)
cumulative
1928
from
1927
RUBBER-Continued
Crude Rubber— Continued
World stocks, end of month:
World total
long tons.. 260, 991 i« 245, 185
United States
long tons
114,060 113, 083
Europe
long tons
61, 478 10 57, 174
Producing countries
long tons. _ 22, 353 10 19, 223
Afloat
long tons
63, 100
55, 700
Wholesale price, smoked sheets,
New York
_
dolls, per pound-.188
.266
227, 597
105, 357
48, 304
20, 116
53, 820
90, 198
20, 664
59,300
.188
.194
247, 555
89, 251
68, 274
23, 730
66,300
249, 995
98, 469
68, 226
24, 500
58,800
.373
.349
.193
Tires and Tubes
Pneumatic tires:
Production
Stocks, end of month
ShipmentsDomestic .
Export
Inner tubes:
Production
Stocks, end of month
Shipments—
Domestic
Export
Solid and cushion:
Production. _
Stocks, end of month
ShipmentsDomestic
Exports
thousands
thousands. .
5,128
9,318
4,645
9,561
5,082
9,794
5,030
9,150
4,678
9,369
3,835
8,522
9 26, 341
9 28, 695
+8.9
thousands
thousands..
4,137
174
4,229
143
4,707
146
5,162
184
4,487
222
4,316
180
9 23, 506
• 1, 101
9 25, 812
9912
+9.8
-17.2
._ thousands. _
thousands--
5,427
11, 878
4,999
12,500
5,382
13, 298
5,222
12, 892
4,742
13, 419
3,971
12,028
926,464
9 30, 292
-14.5
thousands..
thousands
4,205
98
4,196
86
4,631
100
5,254
105
5,024
108
5,205
104
• 26, 919
9581
9 26, 752
9560
-.fi
-3.6
thousands. .
thousands
44
159
44
157
47
156
49
156
62
186
48
180
9338
9258
-23.7
thousands
thousands..
41
5
40
3
44
4
45
5
50
6
43
5
9279
938
9237
923
-15.1
-39.5
9 86, 744
9 102, 121
+17.7
110, 362
9 129, 556
+17.4
Other Rubber Products
Reclaimed rubber (quarterly):
Production
-long tons..
Stocks, end of quarter
long tons
Scrap rubber (quarterly):
Stocks at reclaimers. ._
long tons..
Consumption by reclaimers
long tons..
Rubber-proofed fabrics:
ProductionTotal
thous. of yds..
Auto fabrics
thous. of yds..
Raincoat fabrics
thous. of yds..
All other...
thous. of yds.,
New orders, auto fabrics
thous. of yds..
Production, relative to capacity. .per cent..
Rubber heels:
Production
thous. of pairs..
Shipments—
To shoe manufacturers.thous. of pairs. _
To repair trade
.thous. of pairs..
For export
thous. of pairs.
Stocks, end of month
thous. of pairs
Rubber soles:
Production.,
thous. of pairs..
Shipments—
To shoe manufacturers thous. of pairs..
To repair trade..
thous. of pairs..
For export
thous. of pairs..
Stocks, end of month.
thous. of pairs.
Mechanical rubber goods, shipments:
Total
thous. of dolls
Belting
thous. of dolls.
Hose
.thous. of dolls
All other
thous. of dolls..
Rubber bands, shipments
thous. of lbs_.
Rubber flooring, shipments
thous. of sq. ft.
251,112
2 16, 317
3
51, 109
3 15, 459
3
2 61, 299
2 64, 069
3
3
57, 518
65, 387
3*58, 331
3^52, 059
41, 197
3 19, 287
4
4
4
4
0.0
—5 3
+24.1
— 19 8
-6.2 5 -1.4
+2.1 +25.6
9
2,853
805
1,148
900
896
26.6
2,416
835
874
707
980
27.6
2,744
725
1,110
909
776
2.77
1,351
707
2,776
768
1,573
435
654
3,330
712
2,047
571
832
9 7, 132
» 2, 885
9 6, 464
-9.4
• 4, 637 +60.7
22, 583
18, 575
21, 597
18,763
16, 341
15, 907
86, 676
118, 381
+36.6
10, 083
9,407
1,169
46, 144
8,639
6,173
819
48, 892
8,897
7,559
884
52, 387
9,166
9,022
864
50, 569
8,833
9,303
838
45, 453
9,598
6,936
949
41, 056
43, 886
37, 268
4,950
58, 373
45, 231
5, 656
+33.0
+21.4
+14.3
3,747
2,928
3,519
3,321
2,247
2,128
9 9, 768
9 20, 574 +110. 6
1,692
1,090
282
3,822
1,524
884
141
4,084
1,855
894
120
4,558
1,977
948
41
4,687
1,918
583
42
3,757
1,356
593
177
3,564
96,906
9 2, 461
9551
9 11, 378 +64.8
> 95,424 +120. 4
9 1, 788 +224. 5
6,675
1,524
2,589
2,562
216
667
5,406
1,211
2,078
2, 117
169
475
6,274
1,352
2,666
2,255
177
661
6, 126
1,568
2,298
2,260
6,018
1,609
2,348
2,061
5,477
1,622
2,011
1,845
9 35, 733
9 8, 765
s 14, 923
9 12, 046
9 35, 949
9 8, 394
9 14, 177
» 13, 377
+.6
-4.2
-5.0
+11.0
61, 288
4,387
36,913
10,082
6,016
58, 091
4,457
34, 168
8,383
7,323
42, 372
4,516
20, 223
7,507
6,801
37, 299
4,025
20, 506
5,770
4,654
235, 220
23, 526
111,695
50, 225
34, 941
333, 316
25, 103
189, 333
55, 783
39, 172
+41.7
+6.7
+69.5
+11.1
+12.1
241, 264
197, 775
25, 961
17, 528
244, 746
196, 561
29, 159
19, 026
226, 274
169, 671
35, 247
21, 356
232, 103
172, 008
38, 441
21, 654
.246
.295
.224
.266
HIDES AND LEATHER
Hides
Imports:
Total hides and skins..
thous. of Ibs.
48, 489
45,443
Calfskins
thous. of Ibs
3,018
2,836
Cattle hides
thous. of Ibs
28, 833
26, 101
Goatskins
thous of Ibs
8,362
8,182
Sheepskins
thous . of Ibs
4,841
5,428
Stocks, end of month:
Total hides and skins
thous. of Ibs.. 229, 970 228, 037
Cattle hides
_
thous. of Ibs. 194, 655 190, 492
Calf and kip skins
thous. of Ibs.
20, 136
22,687
Sheep and lamb skins
thous. of lbs__ 15, 179
14, 858
Prices:
Green salted, packers' heavy
native steers
dolls, per lb,_
.237
.256
Calfskins, country No. 1
dolls, per lb._
.295
.269
Quarter ending Mar. 31,1928.
Quarter ending in month indicated.
Percentage change from quarter ending Mar. 31,
1928.
50, 175
4,134
28,193
7,873
6,171
-13.6
-7.2
-17.5
-6.1
-15.7
+34.5
+2.7
+37.5
+36.4
+32.6
+6.7 +9.1
+4.5 +23.0
^Percentage change'from quarter ending June 30,1927.
* Cumulative through June 30.
10 Revised.
.239
.278
.195
.201
.219
.226
30
TREND OF BUSINESS MOVEMENTS—Continued
1938
The cumulatives shown are through
July, except where otherwise noted.
Earlier data for items shown here may
be found on pages 28 to 137 of the
August, 1928, "Survey"
PER CENT INCREASE (+) OR
1927
CUMULATIVE TOTAL
FROM JAN. 1
THROUGH JULY 31
DECREASE (— )
July,
March
April
May
June
July
June
July
1928,
from
June,
1928
July,
1928,
from
July,
1927
1927
1938
Per ct.
increase
(+)
or decrease
(-)
cumulative
1928
from
1927
HIDES AND LEATHER— Continued
Hides— Continued
Inspected slaughter of livestock:
United StatesCattle
thous. of animals _
Calves
thous of animals
Swine
thous. of animals..
Sheep
thous. of animals. _
CanadaCattle and calves
thous. of animals..
Swine
thous. of animals..
Sheep
thous. of animals _
665
407
5,140
1,016
623
438
3,446
918
723
473
3,804
1,015
706
398
4,078
1,109
662
362
2,984
1,076
799
430
4, 253
1,058
743
355
3,431
1,014
-6.2
-9.0
-26.8
-3.0
-10.9
+2.0
-13.0
+6.1
5,316
2,932
26, 526
7,172
4,756
2,835
30, 711
7,333
-10.5
-3.3
+15.8
+2.2
81
247
17
96
222
16
123
219
17
99
205
25
100
164
45
98
215
21
89
148
33
+1.0
-20.0
+80.0
+12.4
+10.8
+36.4
613
1,495
156
626
1,576
164
+2.2
+5.4
+5.1
1,363
25, 245
1,358
24, 761
1,407
25, 140
10 1, 399
24, 971
1,434
1,352
25, 034
1,356
25, 576
+2.5
+5.8
9 9, 285
150, 771
9 9, 426
146, 621
+1.5
-2.8
87, 299
54, 302
971
.65
89, 181
57, 335
753
.66
90, 734
59, 614
650
.67
91,781
63, 921
538
.68
531
.67
91,441
66, 315
819
.49
88, 489
65, 746
820
.51
-1.3
-1.5
-35.2
+31.4
5,907
4,784
-19.0
» 399, 043
» 406, 820
+1.9
Leather
Sole and belting leather:
Production—
Soleonly.thous. of backs, bends, sides..
Sole and belting
thous. of Ibs .
Stocks, end of month —
In process of tanning
thous. of lbs__
Finished
thous. of Ibs
Exports
_ thous. of Ibs .
Price oak, scoured backs
dolls, per lb__
Upper leather:
Production
thous. of sq. ft
Stocks, end of month—
In process of tanning.. .thous. of sq. f t _ .
Finished
thous. of sq. ft
Exports
__ __
_.thous. of sq. ft_.
Price, chrome calf B grade_dolls. per sq. ft__
Leather Products
Shoes:
Production
_thous. of pairs. _
Exports
thous. of pairs
Wholesale pricesMen's black calf
blucher, Mass
..dolls, per pair..
Men's dress welt, tan
calf, St. Louis
dolls, per pair _
Women's black kid, dress
welt, lace, oxford
dolls, per pair
Gloves, cut
dozen pairs
73, 045
63, 730
62, 074
66, 047
69, 866
60, 224
141, 386
249, 023
14, 297
.60
140, 713
253, 557
10, 846
.60
141, 068
255, 397
11, 400
.60
143, 099
327, 821
8,949
.53
8,403
.57
142, 181
251, 871
11, 081
.48
150, 216
248, 819
11, 755
.51
-6.1
+7.5
-28.5
+11.8
83, 967
84, 996
+1.2
32, 013
471
26, 332
394
10 26, 187
409
26, 679
318
344
27, 497
591
27, 775
456
+8.2
-24.6
9 165, 074
* 3, 675
9 166, 398
2,627
-0.8
-28.5
6.75
6.75
6.75
6.75
6.75
6.40
6.40
.0
+5.5
5.00
5.00
5.00
5.00
5.00
4.90
5.00
.0
.0
4.15
223, 271
4.15
210, 420
4.15
224, 636
4.15
228, 039
4.15
4.00
223, 177
4.00
213, 773
.0
+3.8
1, 259, 124
-1.4
143, 678
144, 771
155, 274
21, 124
149, 652
133, 702
173, 134
18, 549
156, 258
143, 015
186, 377
24, C24
133, 854
135, 917
184, 314
20, 528
111,795
125, 962
170, 148
14, 553
130, 158
135, 689
238, 231
20, 275
108, 322
127, 623
218, 795
13, 344
-16.5
-7.3
-7.7
-29.1
+3.2
-1.3
-22.2
+9.1
1, 002, 580
984, 504
228, 692
230, 484
45, 854
83, 352
2.53
210, 780
211,400
43,872
80, 592
2.52
222, 924
225, 710
42, 120
90, 736
2.53
217,456
214, 068
45, 870
122,474
2.53
200, 360
204, 832
42, 336
129, 910
2.53
214, 816
215, 020
39, 086
109, 700
2.60
198, 988
198, 068
40, 278
117,734
2.60
-7.7
+50.7
-7.7
+6. 1
.0
+0.8
+3.4
+5.1
+10.3
-2.7
119,932
80
197, 976
186, 232
117,553
84
192, 645
181, 112
126, 010
84
203,811
186, 641
119,673
83
192, 391
170, 892
110,313
129, 201
118, 929
-7.8
-7.2
184, 199
171,819
169, 536
162, 449 '
157, 325
-14.3 +13.4
113,752
190, 305
172, 896
118, 453
193, 443
163, 179
122, 540
203, 836
181,913
116,901
190, 936
163, 807
109, 611
181,834
174, 667
126, 289
168, 951
161, 472
119, 686
159, 843
159, 687
-6.2
4.8
+6.6
-8.4
+13.8
+9.4
879, 161
1, 142, 265
1, 106, 182
805, 134
1, 335, 346
1, 206, 905
-8.4
+16.9
+9.1
216, 160
140, Oil
194, 298
174, 031
167, 456
159, 495
140, 543
-3.8
+19. 1
1, 041, 441
1, 232, 836
+18.4
34, 648
47, 657
206, 392
41, 613
3.25
33, 734
46, 641
188, 384
43, 363
3.25
37, 207
46, 290
184, 580
46, 627
3.25
39, 979
47, 937
186, 307
42, 767
3.25
40, 386
48, 270
26, 549
28, 851
196, 860
40, 784
3.25
27, 764
32, 282
205, 967
40, 476
3.25
+1.0
+.7
+45.5
+49.5
.0
.0
853
151
697
123
599
119
745
113
588
93
723
105
8 4, 181
» 684
9 4, 055
9777
-3.0
+13.4
13, 190
11, 930
112
78, 629
40. 221
11,796
11, 807
111
71,715
40, 880
12, 162
11, 645
111
80, 116
48.024
12, 711
13, 100
96
94, 668
53, 774
11, 790
12, 707
99
72, 659
34, 302
12, 231
8,870
90
77, 741
31, 237
86, 618
82, 087
+3.2
+4.7
9
1, 276, 477
9
PAPER AND PRINTING
Wood Pulp
Mechanical:
Production
short tons
Consumption and shipments. . .short tons.
Stocks, end month
short tons
Imports
short tons
Chemical:
Production
short tons
Consumption and shipments.. -short tons.
Stocks end of month
short tons
Imports
short tons
Price sulphite
dolls per 100 Ibs
Newsprint Paper
Production:
United States, total
short tons
Ratio to capacity
per cent
Canada
_
__ .short tons.
Consumption by publishers
short tons
Shipments:
United States ._
.
.short tons..
Canada
short tons
Imports
short tons .
Exports:
Canada __
short tons _
Stocks, end of month:
At mills—
United States
short tons
Canada
short tons
At publishers
short tons
In transit to publishers
short tons
Price, roll, f. o. b. mill
dolls, per ton
3.25
970, 014
919, 170
-3.2
-6.6
125, 455
141,011
+12.4
1, 519, 282
1, 515, 900
1, 499, 938
1,504,436
-1.3
-0.8
767, 191
793, 380
+3.4
893, 972
825, 308
-7.7
1, 160, 118 1, 347, 565 1 +16.2
9 1, 043, 160 » 1, 060, 402
+1.7
Printing
Book publication:
American manufacture
no. of titles
Imported
no of titles
Sales books:
New orders ..
.
.thous. of books. .
Shipments
thous. of books
Printing activity
weighted index number. .
Cash checks, shipments
thous. of checks. .
Blank forms, new orders
thous. of sets..
3 Cumulative through June 30.
12, 098
9,986
70, 710
-4.8
-23.8
-1.1
+12.6
83, 935
78, 421
-25.3
-9.0
537, 497
195,998
10 Revised.
536, 847 i --1
263, 244 1 +34.3
31
TREND OF BUSINESS MOVEMENTS—Continued
The cumulative.? shown are through
July, except where otherwise noted.
Earlier data for items shown here may
be found on pages 28 to 137 of the
August, 1928, "Survey"
PER CENT INCREASE (+) OR
DECREASE (— )
1937
1938
July,
July
June
July
1928,
from
June,
1928
July,
1928,
from
July,
1927
8,734 10 8, 200
80.2
10 75. 3
242, 394 o 228, 646
224, 366 228, 252
73, 157 10 77, 782
220, 750 0 204, 468
235, 794 o 223, 901
49, 107 i« 53, 560
8,000
76.4
201, 489
210, 547
79, 492
191, 152
204, 212
49, 834
8,277
i°76.0
214, 704
213, 735
94, 847
207, 187
211, 828
52, 452
10 7, 443
10 71. 1
o 190, 406
o 213, 735
o 109, 616
o0 182, 283
194, 285
10 49, 307
-2.4
+1.5
-11.9
-7.8
+2.2
-6.5
-8.8
-7.0
+7.5
+7.5
+5.8
-1.5
-27.5
+4.9
+5.1
+1,1
127, 217 !o 130, 484
46, 375 10 43, 480
132,311
62,056
151,671
43, 807
o 151, 671
10 51, 255
+1.4
+42.7
-12.8
+21.1
March
April
May
8,844
78.2
227, 344
244, 871
93, 380
209, 649
237, 621
40, 439
8,312
79.4
221,079
211,304
84,513
211, 898
220, 315
40, 319
139, 255
47, 322
132, 621
47, 551
June
CUMULATIVE TOTAL
FROM JAN. 1
THROUGH JULY 31
1937
1938
Per ct.
increase
(+)
or decrease
(-)
cumulative
1928
from
1927
PAPER AND PRINTING— Continued
Box Board
Operation
thous of inch hours
Operation
per ct of capacity
Production
..short tons..
New orders
short tons
Unfilled orders, end of month
short tons
Consumption of waste paper
short tons..
Shipments
__ short tons _
Stocks end of month
short tons
Stocks of waste paper, end of month:
On hand
short tons
In transit and unshipped purchases .. tons ..
54, 537
58,058
+6.5
1, 393, 641
1, 427, 152
1, 536, 696
1, 538, 801
+10.3
+7.8
1, 327, 878
1,400,281
1, 421, 627
1,528,304
+7.1
+9.1
Other Paper
3,626
3, 450
3,720
2,705
2,153
2,372
2,218
-20.4
-2.9
18, 236
22, 583
+23.8
137, 572
91
135, 370
72, 415
125, 191
91
117, 304
81, 105
130, 199
90
124, 861
86, 782
122, 387
84
120, 551
89, 385
117,492
80
118, 314
88,491
110, 856
100, 879
+16.5
780, 929
878, 289
+12.5
110,080
72, 101
100, 677
73, 543
-4.0
-4.8
-1.9
-1.0
+17.5
+20.3
773, 038
865, 000
+11.9
88
81
97
84
74
77
75
73
77
80
76
68
79
77
+2.7
+9.6
-2.5
+3.9
10
8
12
9
11
7
9
7
10
8
8
8
9
8
+11.1
+14.3
+11.1
.0
101, 618
89
96, 334
92, 551
91, 744
86
89, 542
93, 975
97, 793
87
94, 761
96, 802
90, 577
84
89, 309
98, 344
89, 805
86
94, 026
94, 067
88, 818
85, 305
628, 129
661,009
+5.2
82, 490
76, 796
-.9
+2.4
+5.3
+4.3
+5.3
87, 219
74, 532
-14.0
+22.5
609, 633
643, 843
+5.6
42, 399
93
43, 459
51, 850
40, 288
92
37, 548
53, 741
40, 904
87
40, 863
53, 791
38, 225
84
38,875
53, 155
33, 984
80
34, 562
53, 156
37, 635
33, 360
258, 675
272, 141
+5.2
35, 729
48, 801
-11.1
—4.8
-11.1
0.0
+1.9
36, 167
51, 695
-3.3
+8.9
261, 847
269, 144
+2.8
106, 528
105, 905
66, 466
99, 266
97, 858
69, 798
107, 475
105, 705
71, 569
104, 725
104, 977
71,006
95, 454
96, 042
70, 575
100, 515
99, 025
73, 897
90, 382
90, 583
72, 738
-8.9
-8.5
-.6
+5.6
+6.0
-3.0
693, 589
688, 661
709, 111
703,113
+2.2
+2.1
735, 393
82
732, 441
358, 369
695, 121
85
681,020
372, 672
744, 775
83
724, 524
395, 258
704, 413
82
694,514
405, 429
648, 537
681, 729
619, 261
4,648,935 4,882,729
+5.0
670, 608
351, 226
623, 450
348, 949
-7.9
-6.1
-5.4
-2.2
+4.7
656, 767
396, 509
+5.3
+13.6
4,612,621 4,821,060
+4.5
thous. of sq. ft.. 425, 361
thous. of sq. ft.. 348, 835
thous. of sq. ft.. 76, 526
405, 319
327, 815
78, 845
402, 956
323, 493
79, 463
423, 282
341, 291
81, 991
404, 520
335, 732
68, 788
360, 888
290, 546
70, 342
383, 565
308, 585
74, 980
-4.4
-1.6
-16.1
+5.5
+8.8
-8.3
2, 768, 274 2, 811, 243
2, 216, 594 2, 230, 876
551, 680
531, 708
+1.6
+.6
-3.6
74
72
80
72
69
80
76
74
83
72
71
75
67
68
64
68
69
66
-5.3
-4.1
-9.6
+5.9
+2.9
+13.6
Binder's board, production
short tons
Book paper:
Production
short tons
Ratio to capacity
per cent
Shipments
short tons
Stocks end of month
short tons
New orders —
Coated p. ct. of normal production..
TJncoated p ct of normal production
Unfilled orders, end of monthCoated
p ct of normal production
Uncoated. .p. ct. of normal production ..
Wrapping paper:
Production
short tons
Ratio to capacity
per cent
Shipments..
short tons
Stocks, end of month
short tons
Fine paper:
Production
.short tons_.
Ratio to capacity
per cent..
Shipments
short tons .
Stocks end of month
short tons
All other grades:
Production.
short tons..
Shipments
short tons
Stocks, end of month
short tons
Total paper (inc. newsprint and box board) :
• Production
short tons..
Ratio to capacity
per cent
Shipments
short tons..
Stocks, end of month
short tons
Paperboard Shipping Boxes
Production:
Total
Corrugated
Solid
fiber
Operating activity:
Total
Corrugated
Solid fiber ._
per cent of normal..
per cent of normal
per cent of normal
80
78
85
Other Paper Products
109
92
87
83
89
96, 871
20, 558
81, 782
19, 634
94, 309
18, 944
88, 569
18, 829
81, 689
17, 657
81,917
15, 877
77, 655
16, 522
-7.8
-6.2
+5.2
+6.9
588, 834
113,836
607, 694
128, 903
5,561
5,212
Rental advertisements, Minneapolis. .number..
3,820
Real estate conveyances (41 cities)
number. . 157, 819 148, 496 156, 363
Building Costs
Building materials:
179
177
Frame house 6-room
rel to 1913
184
Brick hniise, 6-ronm
ral to 1913
183
184
187
191
191
Concrete factory costs (Aberthaw^.Tel. to 1914..
192
207
206
206
Building costs (Eng. News .Record) ~rel. to 1913..
197
197
Building costs (A. G. (7.)
...rel. to 1913..
197
101. 11
100. 76
Plumbing fixtures 6 pieces
dollars
99.35
Construction costs (Am. Appraisal):
203
203
203
Frame
rel. to 1913
212
212
Brick wood frame
rel to 1913
212
197
197
197
Brick, steel frame...
rel. to 1913. _
200
200
Reinforced concrete
rel to 1913
200
Contracts and Losses
Contracts awarded (36 States):
14, 316
13, 896
Commercial buildings
thous. of sq. ft.. 10, 826
10, 834
6,020
6,940
Industrial buildings
.thous. of sq. ft..
55, 281
56, 655
Residential buildings
thous. of sq. ft.. 54, 582
5,071
6,960
5,209
Educational buildings
thous. of sq. ft..
Other public and semi5,941
6,063
6,385
public buildings
thous. of sq. ft..
91, 693
91, 222
Grand total
thous. of sq. ft._ 84, 266
• Cumulative through June 30.
4,378
151, 982
4,060
4,526
154, 694
4,013
150, 492
-7.3
+1.2
• 30, 531
892, 287
9
27, 969
890, 942
-8.4
-.2
176
181
191
207
198
100. 90
175
181
191
207
198
100. 09
190
189
192
204
200
104. 09
190
189
192
206
199
103. 17
-0.6
.0
.0
.0
.0
-.8
-7.9
-4.2
-.5
+.5
-.5
-3.0
203
212
198
201
204
213
198
201
204
213
196
200
205
214
197
200
+.5
+.5
.0
.0
-.5
-.5
+.5
+.5
13, 982
10, 523
52, 030
6,978
16, 835
6,214
43, 093
5,586
12, 395
5,541
42, 038
5,374
12, 485
5,484
34, 803
5,207
+20.4
-40.9
-17.2
-19.9
+34.8
+13.3
+23.8
+7.3
83, 186
40, 471
271, 520
31,003
89, 742
50, 327
341, 705
36, 255
+7.9
+24.4
+25.9
+16.9
7,192
90, 971
6,605
78, 778
8,465
75, 231
6,465
65, 182
-8.2
-13.4
+2.2
+20.9
44, 064
467,458
40, 994
562, 338
-7.6
+18.0
Rope paper sacks, shipments.. rel. to 1921-22..
Abrasive paper and cloth:
Domestic sales
reams..
Foreign sales
_
reams..
+7.2
+3.2
+ 13.2
BUILDING CONSTRUCTION AND
HOUSING
wRevised.
32
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives shown are through
July, except where otherwise noted.
Earlier data for items shown here may
be found on pages 28 to 137 of the
August, 1928, "Survey"
PER CENT INCREASE (+) OR
DECREASE (— )
1927
1928
March
April
May
June
July
June
July
69, 490
48, 068
266, 069
33, 255
80, 514
83, 208
269, 325
31, 829
87, 162
31, 627
280, 292
46,073
90, 914
57, 464
250, 818
43, 787
93, 144
31, 193
221, 345
35, 315
82, 543
32, 985
233, 193
40, 568
81, 130
29, 043
180, 840
35, 006
49, 454
106, 511
572, 847
45, 900
113, 746
624, 523
33, 503
144, 738
641, 395
58, 605
124, 636
624, 224
50, 380
132, 853
564, 229
75, 479
147, 343
612, 111
52, 326
135, 581
513, 926
30, 377
2,048
22, 946
137
25, 981
2,101
56, 346
164
23, 202
2,860
70, 684
185
11, 123
1,909
59, 926
244
17, 106
1,491
38, 360
237
25, 481
2,595
52, 229
212
24, 249
1,462
50, 881
221
July,
1928,
from
June,
1928
July,
1928,
from
July,
1927
CUMULATIVE TOTAL
FROM JAN. 1
THROUGH JULY 31
Perct.
increase
(+)
or decrease
(-)
cumulative
1928
from
1927
1927
1928
561, 631
260, 004
1, 444, 719
217, 485
538, 769
318, 109
1, 707, 327
231, 345
-4.1
+22.3
+18.2
+6.4
-3.7
-2.0
+9.8
394, 704
706, 103
3, 586, 655
319, 700
748, 294
3, 881, 776
-19.0
+6.0
+8.2
+53.8 -29.5
-21.9 +2.0
-36.0 -24.6
-2.9 +7.2
201, 168
14, 283
242, 205
192, 155
15, 081
294, 617
-4.5
+5.6
+21.6
BUILDING CONSTRUCTION AND
HOUSING— Continued
Contracts and Losses— Continued
Contracts awarded, value (36 States) :
Commercial buildings., thous. of dolls
Industrial buildings
thous. of dolls..
Residential buildings
thous. of dolls..
Educational buildings
thous. of dolls..
Other public and semipublic buildings
thous of dolls
Public works and utilities. -thous. of dolls..
Grand total
thous. of dolls..
Fire losses:
United States and Canada
(Journal of Commerce)
thous. of dolls..
Canada (Monetary Times) ..thous. of dolls..
Contracts awarded, Canada
thous. of dolls. .
Building volume (A. G. <7.)
rel. to 1913..
+2.5 +14.8
-45.7 +7.4
-11.8 +22.4
-19.3
+.9
11 0
+6.6
-9.6
LUMBER PRODUCTS
Softwood Lumber
Southern pine:
Production (computed)
M ft. b. m._ 460, 346 421,911 440, 306 404, 679 405, 937
426, 123
413, 634
Operation.
per cent of full time..
100
99
88
99
96
Shipments (computed)
M ft. b. m__ 481, 645 447, 083 489, 100 416, 006 435, 223
405, 744
399, 064
New orders (computed)
M ft. b. m__ 498, 006 464, 896 420, 169 406, 470 434, 061
407, 970
388, 511
Stocks, end of mo. (computed) *.M. ft. b. m 1, 185, 605 1, 160, 433 1, 101, 740 1, 090, 126 1, 063, 109 1, 208, 417 1, 255, 002
Unfilled orders,end mo.(comp.) M. ft. b. m__ 381, 676 399, 489 349, 362 323, 985 335, 836
298, 504
283, 243
Exports, lumber
_.M ft. b. m._ 66, 527
62, 094
53, 952
75, 054
54, 313
73, 035
72, 334
Exports, timber
M ft. b. m__
12, 302
16, 515
21, 081
12, 933
13, 771
13, 700
19, 851
Price,
flooring
dolls, per M ft. b. m__
35.69
35.88
36.16
35.74
38.96
38.31
36.40
Douglas fir:
Production (computed)
M ft. b. m__ 508, 528 520, 615 490, 175 480, 326 415,417
510, 319
468, 240
Shipments (computed)
M ft. b. m__ 479, 879 549, 264 558, 217 583, 733 484, 803
551, 950
499, 575
New orders (computed)
M ft. b. m__ 521, 062 583, 733 620, 888 508, 976 453, 467
502, 709
489, 727
Exports, lumber
M ft. b. m__
58, 020
71, 427
54, 481
58, 862
85, 174
68, 544
52, 837
Exports, timber _ _
__ M ft. b. m
43, 423
45, 471
60, 797
43, 226
43, 142
47, 495
58, 441
Price, No.l common. dolls, per M ft. b. m__
16.08
16.70
16.99
15.99
16.34
16.68
16.51
Price,flooring,1x4, "B" and
better, V. G
dolls, per M ft. b. m..
34.13
36.13
33.47
33.97
35.15
35.77
35.88
California redwood:
Production (computed)
M ft. b. m__
51, 210
41, 400
30, 092
38, 489
36, 190
37, 802
35, 177
Shipments (computed)
M ft. b. m__ 43, 847
29, 615
38, 820
47, 772
38, 825
41, 979
36, 055
New orders (computed)
_M ft. b. m__ 45, 316
36, 741
31, 620
49, 351
38, 022
51, 766
35, 147
Unfilled orders,end mo. (comp.).M ft. b. m__ 49, 003
47, 916
48, 910
47, 281
46, 519
70, 132
68, 290
California white pine:
Production.
._
__M ft. b. m._ 69, 724
134, 273
123, 923
97, 096
133, 064
131,713
125, 098
Shipments
. _ M ft b. m
100, 792
98, 924
107, 267
96, 181
102, 571
107,019
96, 305
Stocks, end of month
M ft. b. m__ 534, 740 493, 696 473, 560 477, 079 506, 119
551, 687
567, 809
New orders __
M ft. b. m
92, 677
102, 659
89, 802
83, 965
96, 433
91, 290
81, 275
Unfilled orders, end of month. _M ft. b. m__ 175, 700 167, 582 164, 921 183, 610 190, 185
186, 405
182,648
North Carolina pine:
Production (computed)
M ft. b. m._
47, 523
44, 471
57, 155
60, 039
57, 904
47, 649
50, 190
Shipments (computed)
M ft. b. m__
54, 866
62, 978
48, 433
62, 125
59, 528
50, 001
48, 727
New orders
__ _ M ft. b. m
49, 140
64, 610
55, 790
59, 360
43, 120
35, 140
35, 910
Northern pine:
Lumber—
Production. ._
M ft. b. m
32, 731
36, 412
52, 384
45, 687
51, 756
55, 502
46, 359
Shipments
M ft. b. m__ 39, 645
37, 914
44, 152
47, 243
48, 300
45, 188
40, 433
New orders...
M ft. b. m
38, 856
35, 926
35, 974
41, 820
47, 018
35, 045
39, 203
LathProduction
thousands
5,143
6,184
13, 476
9,967
15, 722
11,706
13, 090
Shipments
thousands
9,593
5,927
9, 734
9,316
11, 151
14, 758
15, 229
Northern hemlock:
Production
M ft. b. m
18, 089
14, 871
22, 004
18, 426
14, 899
15, 395
Shipments
M ft. b. m
13, 255
16, 153
22, 343
20, 410
24, 772
21, 324
+0.3
-8.3
+4.6
+6.8
-2.5
+3.7
+14.3
-4.9
-.7
-1.9
2, 962, 397
2, 976, 421
+0.5
+9.1
+11.7
-15.3
+18.6
-14.2
-38.0
-5.6
2, 900, 956
2, 982, 180
3, 113, 029
3, 127, 643
+7.3
+4.9
451, 263
113, 970
425, 283
110, 290
+5.8
-3.2
-13.5
-16.9
-10.9
-36.0
+5.4
+1.9
-11.3
-3.0
-7.4
+3.1
-22.2
+2.9
3, 445, 191
3, 574, 021
3, 615, 652
377, 742
296, 541
3, 333, 187
3, 533, 944
3, 673, 846
458, 609
282, 565
-3.3
-1.1
+1.6
+21.4
-4.7
+2.8
+.7
-16.8 -4.5
-23.7 -17.9
-16.8 -10.0
+5.1 -28.4
258, 898
303, 115
332, 599
280, 114
267, 780
277, 112
+8.2
-11.7
-16.7
-6.9
-.9
-.1
-10.1
+6.1 -10.9
+7.4 +18.7
+3.6 +4.1
546, 552
631, 544
649, 515
677, 789
+18.8
+7.3
610, 824
+.3
608, 932
-23.2 -11.4
-18.6
-.6
-27.4 +20.1
348, 985
353, 696
280,980
358, 428
371, 706
365, 020
+2.7
+5.1
+29. 9 <
+1.2 +13.0
+2.2 +19.5
-11.1 +6.7
290, 271
273, 312
258, 739
287, 033
282, 118
268, 767
-1.1
+3.2
+3.9
+15.1 +2.9
-12.7 -36.1
72, 993
75,229
59, 517
56, 630
-18.5
-24.7
98, 175
89, 166
-8.7
-27.3
» 107, 474
9 122, 681
9
9
Hardwood Lumber
Walnut lumber:
Production
M ft. b. m._
Shipments
M f t b. m
Stocks, end of month
M ft. b. m__
New orders
M ft b m
Unfilled orders, end of month. M. ft. b. m..
Walnut logs:
Purchased
M ft. log measure
Made into lumber and
veneer
M ft. log measure
Stocks, end of month___M ft. log measure..
Northern hardwoods:
Production
M ft. b. m
Shipments
M ft. b. m._
Lower Michigan hardwoods:
Production __
M ft. b. m
Shipments
M ft. b. m
Stocks end of month
M ft. b. m.
Gum:
Stocks, total end of month
M ft. b. m.
Stocks, unsold end of month _ _ M ft. b. m__
Unfilled orders, end of month. M ft. b. m__
• Cumulative through June 30.
3,268
3,042
13, 327
2,835
4,613
2,955
2,646
13, 635
2,652
4,491
2,894
3,388
13, 264
4,180
5,540
3,422
3,000
13, 530
2,538
5,216
2, 527
2,742
13, 116
2,731
5,088
3,127
2,987
11,063
2,654
8,061
2,967
2,661
11, 436
3,060
8,249
-26.2
-8.6
-3.1
+7.6
-2.5
-14.8
+3.0
+14.7
-10.8
-38.3
19,700
20, 504
20,714
20, 267
+5.1
-1.2
21, 655
20,371
-5.9
2,185
2,402
2,972
2,519
2,633
3,184
3,083
+4.5
-14.6
19, 408
17, 097
-11.9
2,407
2,951
2,678
2,806
2,769
3,009
2,670
2,752
2,527
2,996
2,883
3,083
2^583
3,316
-5.4
+8.9
-2.2
-9.7
17, 305
17, 471
+1.0
44, 948
29, 373
38, 404
28, 491
33, 193
28, 827
28, 705
28,498
27 939
29^ 825
21, 879
28, 347
9 228, 080
9 173, 080
99 223, 978
165, 865
-1.8
-4.2
9,193
6,078
30, 870
8,625
6,548
30, 925
9,116
7,277
29, 784
7,049
6,683
23, 610
5,438
7,252
20, 605
7,337
8,789
44, 656
6,006
8,552
43, 046
-22.9 -9.5
+8.5 -15.2
-52.1
-12.7
55, 681
55, 899
56, 543
49, 526
+1.5
-11.4
535
414
149
547
428
148
540
420
150
555
424
156
542
419
151
387
290
120
414
320
120
-2.3 +30. 9
-1.2 +30.9
-3.2 +25.8
33
TREND OF BUSINESS MOVEMENTS—Continued
1938
The cumulatives shown are through
July, except where otherwise noted.
Earlier data for items shown here may
be found on pages 28 to 137 of the
August, 1928, "Survey"
March
April
May
PER CENT INCREASE (+) OR
DECREASE (— )
1937
June
June
July
July,
1928,
from
June,
1928
July
Julv,
1928,
from
July,
1927
CUMULATIVE TOTAL
FROM JAN. 1
THROUGH JULY 31
1938
1937
Per ct.
increase
(+)
or decrease
(-)
cumulative
1928
from
1927
LUMBER PRODUCTS— Continued
Hardwood Lumber—Continued
Oak:
Stocks, total end of month
M ft. b. m__
Stocks, unsold, end of month M ft. b. m
Unfilled orders, end of month. M ft. b. m..
All hardwoods:
Production
M f t b mShipments _.
M ft. b. m
New orders
M ft b m
Stocks, total, end month
M ft. b. m
Stocks, unsold, end month
M ft. b. m__
Unfilled orders, end month
M ft. b. m
1,014
864
167
1,020
871
165
1,005
844
179
1,000
854
164
974
809
182
856
673
202
886
694
211
-2.6 +9.9
-5.3 +16.6
+11.0 -13.7
274
263
266
2,829
2,294
636
252
251
263
2,839
2,319
620
244
255
244
2,843
2,305
640
236
248
263
2,817
2,289
620
244
263
262
2,786
2,225
652
285
300
255
2,381
1,858
619
315
274
266
2,465
1,949
606
+3.4 -22.5
+6.0 -4.0
-.4 -1.5
-1.1 +13.0
-2.8 +14.2
+5.2 +7.6
2,126
2,240
2,251
1,835
1,842
1,913
-13.7
-17.8
-15.0
-6.9
-16.1
-2.6 16, 109, 349 16, 210, 783
-3.0 1, 271, 624 1, 393, 925
+0.6
+9.6
-28.1
-1.1
+5.2
-1.8
69, 422
78, 487
+13.1
+9.2
-1.5
+3.3
+4.8
39, 924
38, 824
-2.8
+4.3
+.2
-5.9
-5.8
Total Lumber
Production, 10 species
M f t b tn 102,446,356 102,392,894 102,532,978 102,387,154 102,223,614 2, 411, 509 2, 283, 442
Exports, planks, joists, etc
M ft. b. m
179, 352
186, 541
191, 145
223, 64£
220, 961
185, 368
213, 464
Ketail yards, Minneapolis district:
Sales
M ft. b. m
22,
081
10
15, 092
7,106
9,485
14,36
15, 874
16, 721
Stocks, end of month
M ft. b. m
91, 428
92,064
88, 355
93, 983
89, 591 10 88, 980
87, 406
Retail yards, Kansas City district:
Sales. ..
M ft. b. m
5,802
5,679
5,497
6,199
5,200
6,317
6,957
Stocks, end of month
M ft b m
42, 832
48, 179
44, 758
45, 919
44, 873
43, 802
45, 540
Composite lumber prices:
Hardwoods
dolls, per M ft. b. m__
41.24
38.42
39.77
42.59
38.39
40.06
42.47
Softwoods
dolls, per M ft. b. m__
27.55
30.57
28.39
28.74
28.81
28.00
30.65
Flooring
Maple flooring:
Production
M ft b m
Shipments
M ft. b. m
Stocks, end of month
M ft b in
New orders
M ft. b. m
Unfilled orders, end of month . M ft. b. m..
Oak flooring:
Production
M ft b m
Shipments
M ft. b. m
Stocks, end of month
M ft. b. m
New orders
M ft. b. m
Unfilled orders, end of month.. M ft. b. m._
7,862
8,184
28, 036
7,211
9,816
7,331
7,545
28, 326
7,036
9,963
7,070
8,256
27, 514
9,197
11, 423
7, 608
8,686
26, 271
7,867
10, 500
7,784
8,311
24, 667
7, 466
10, 076
10, 101
11,526
25, 061
5,310
11, 634
9,691
9,536
26, 146
4,044
9,083
+2.3 -19.7
-4.3 -12.8
-6.1 -5.7
-5.1 +84.6
-4.0 +10.9
64, 534
68, 333
52, 520
55, 123
-18.6
-19.3
51, 354
54, 650
+6.4
42, 272
47, 599
78, 855
48, 815
47, 134
42, 924
46, 105
77, 491
46, 071
48, 004
47, 785
50, 256
75, 948
50, 295
48, 681
44, 444
49, 475
71, 425
48, 873
49, 002
46, 065
47, 832
68, 851
45, 972
49, 912
42, 522
37, 132
58, 276
22, 707
37, 983
38, 435
30, 155
66, 102
21, 699
29, 773
+3.6
-3.3
-3.6
-5.9
+1.9
+19.9
+58.6
+4.2
+111.9
+67.6
267, 767
266, 680
298, 208
319, 579
+11.4
+19.8
259, 832
330, 077
+27.0
number
number
number__
number
44, 442
38, 449
163, 986
121, 445
16, 487
20, 028
83, 908
61, 048
14, 130
19, 146
68, 396
46, 758
16, 540
17, 002
59, 535
45,015
number
number
number
number
29, 822
31, 339
113, 361
89, 047
10, 006
17, 218
87, 199
65, 653
12, 117
9,010
47, 315
16, 726
17, 290
10, 209
43, 658
30, 215
425, 909
371, 220
317, 109
606, 750
709, 460
393, 224
386, 636
293, 505
221, 896
535, 697
52, 764
43, 421
-17.7
Doors
White pine, wholesale:
Receipts
Shipments
Stocks, end of month
Unsold stock, end of month
Fir, wholesale:
Receipts
Shipments
.
Stocks, end of month
Unsold stock, end of month
Fir, manufacturing plants:
Production
Shipments
Stocks, end of month
New orders
Unfilled orders, end mo
number
number. .
number
number
number
+10.4
+11.7
+3.2
+47.5
-12.1
434, 299
431, 800
302, 990
327, 387
470, 617
Wooden Furniture
Household furniture and case goods:
Shipments
dolls , average per firm
Unfilled orders
dolls., average per firm
Grand Rapids district:
Unfilled orders, end of
month
No. of days' production
New orders
No. of days' production
Shipments
No of days' production
Outstanding accounts, end of
month
No. of days' sales
Cancellations
per cent of new orders
Plant operation
per cent of full time
Piano benches and stools:
New orders (average per firm) dollars..
Unfilled orders, end of month
(average per
firm)
dollars
Shipments —
Value (average per
firm)
dollars ._
Quantity (total)
pieces. _
44, 553
31, 970
42, 424
27, 970
34
20
25
30
19
20
39
32
20
46
27
17
53
7.0
92.0
47
12.0
90.0
46
7.0
90.0
6,818
5,626
1,978
1,650
6,933
9,104
5,955
7,694
Plywood and Veneer
Plywood:
2,709
2,450
New orders
thous. of sq. ft. of surface..
3,125
2,680
Shipments
thous. of sq. ft. of surface-Unfilled orders, end of
3,807
2,582
month
thous. of sq. ft. of surface
Bushel baskets:
Production
_
dozens. _ 205, 887 186, 244
193, 910
152, 876
Shipments
__
dozens
461, 026
537, 033
Stocks end of month
dozens
Rotary-cut veneer:
91
173
Receipts _
. number of carloads _
173
185
Purchases...
number of carloads..
' Cumulative through June
39, 115
41, 574
47, 266
67, 595
54
31
22
53
29
17
55
25
23
+17.4
+14.8
+29.4
-1.8
+24.0
-4.3
44
10.0
95.0
48
5.0
88.0
43
7.5
96.5
50
10.5
89.0
+9.1
-50.0
-7.4
-4.0
-52.4
-1.1
6,581
5,145
4,662
6,507
6,273
-9.4
-25.7
2,094
1,372
1,183
1,578
1,517
-13.8
-22.0
6,136
7,958
5,812
7,474
4,914
6,223
6,860
8,596
6,322
8,191
-15.5
-16.7
-22.3
-24.0
52, 034
66, 523
43,315
55, 841
-16.8
-16.1
3, 350
2,578
3,237
2,713
2,920
2, 523
2,577
2,519
2, 251
2,134
-9.8
-7.0
+29.7
+18.2
21, 072
18, 871
19, 585
19, 090
-7.1
+1.2
3,918
3,197
3, 059
+11.8
+28.1
359, 134
396, 841
525, 509
219, 638
202, 961
542, 186
9 1, 326, 134 « 1, 169, 326
9 1, 149, 957 9 1, 048, 338
-11.8
-8.8
3,154
3, 504
261, 355
198, 592
609, 882
188, 021
254, 432
602, 083
165
229
164
244
30.
181
249
90
85
+10.4 +118. 1
+2.0 +114. 7
1° Revised.
83
116
643
633
951 +47.9
1.327 +109. 6
34
TREND OF BUSINESS MOVEMENTS—Continued
•
1937
1928
The cumulatives shown are through
July, except where otherwise noted.
Earlier data for items shown here may
be found on pages 28 to 137 of the
August, 1928, "Survey"
[arch
April
May
June
July
June
PER CENT INCREASE (+) OR
DECREASE (— )
July,
1928,
from
June,
1928
July
July,
1928,
from
July,
1927
| Per ct.
! in_
! crease
CUMULATIVE TOTAL
FROM JAN. i
THROUGH JULY 31
1928
1927
jj (_|_)
1
1 or decrease
(-)
cumui lative
1928
from
1927
STONE, CLAY, AND GLASS PRODUCTS
Clay Products
Face brick, averages per plant:
Production
.thousands..
Shipments
thousands..
Stocks, end of month. _.
thousands..
Unfilled orders, end of month..thousands..
Common brick:
Stocks, end of monthBurned.._
thousands..
Unburned
thousands. _
Shipments
thousands..
Unfilled orders, end of month__thousands__
Plants closed down...
_•
.number..
Price, red, New York
dolls, per thous..
Porcelain plumbing fixtures:
Net new orders
pieces..
Shipments
_
pieces..
Unfilled orders, end of month
pieces..
Stocks, finished glost, end month..pieces..
Vitreous china plumbing fixtures:
New orders
pieces..
Shipments
pieces..
Unfilled orders, end of month.
pieces._
Stocks, end of month
pieces_.
Floor and wall tile:
Production
...thous. of sq. ft..
Shipments, quantity
thous. of sq. ft_.
Shipments, value
thous. of dolls..
Stocks, end of month
thous. of sq. ft_.
Terra cotta, new orders:
Quantity
net tons..
Value...
thous. of dolls_.
Sand-lime brick:
Production
thousands..
Shipments by rail
thousands..
Shipments by truck
thousands..
Stocks, end of month
thousands..
Unfilled orders, end^.of month, .thousands __
640
686
2,960
899
622
768
2,757
958
796
925
2,517
942
844
876
2,495
950
)5, 461
59, 460
S3, 702
51, 105
57
13.25
344, 572
96, 998
236, 433
275, 872
23
13.50
297, 212
125, 650
225, 747
273, 743
5
13.50
302, 249
130, 990
219, 522
260, 970
12, 130
12, 079
53,515
12, 442
59, 647
17, 037
96, 125
48, 831
22, 465
15, 459
103, 131
50, 819
238, 169 10 233, 515 10 227, 734
291, 130 10 288, 317 10 275, 292
514, 452 466, 894
569, 254
448, 326 444, 884
445, 752
186, 428
248, 448
404, 874
460, 840
)1, 101
*5, 948
22, 215
53, 180
763
815
2,439
1,046
906
918
2,625
1,113
13.50
13.50
331, 748
169, 712
231, 064
254, 191
10
13.50
11, 372
19, 257
95, 246
40, 823
6,706
20, 253
81, 699
48, 621
776 i -9.6
785 j -7.0
-2.2
2,513
1,026 +10. 1
353,428
170,178
211,451
235,323
12
11.75
-1.7
+3.8
29
+L9
----
.0
4,673
-8.9
4,919 i , +4.1
5.131
4,727
91,058,607 •1, 167,831 i +16.3
i
+14.9
j
—41 0
+5.2
—14 2
+19.1
344, 541
296, 818
390, 440
557, 745
229,832
251, 946
368, 326
554, 022
5, 206
5,008
1,920
11,879
5,173
5, 227
1,959
11, 284
-18.1 -18.9
-9.7 -1.4
-13.3 +9.9
+3.6 -16.8
1, 592, 663 2,008,716
1, 802, 525 1,925,966
+26.1
+6.8
5,268
5,253
2,033
13, 850
5,582
2,010
5,808
2,173
6,499
2,416
16, 563
1,454
12, 226
1,153
10, 857
1,113
16, 108
1,558
14, 191
1,385
14, 637
1,385
14, 856
1,268
-11.9
-11.1
-4.5
+9.2
85, 113
8,687
L7, 063
4,273
9,391
L6, 777
L6, 942
10, 012
4,829
9,182
15, 121
14, 123
22, 244
7,752
18, 229
12, 159
14, 445
19, 133
5,120
14, 437
11, 656
11, 718
18, 072
6,055
11, 772
12, 591
11, 762
17, 987
7,757
14, 010
10, 052
18, 344
16, 662
5,431
10, 751
8,820
14, 364
-5.5 +8.5
+18.3 +11.5
-18.5 +9.5
+8.0 +42.8
+.4 -18.1
108, 723
44, 329
71, 502
10, 223
10, 135
51.7
27, 445
14, 463
1.683
13, 468
13, 307
70.0
27, 627
15, 002
1.683
17, 280
17, 469
18, 421
18, 986
86.6
90.1
25, 972 10 2S, 038
14,320 10 12, 934
1.683
1.683
17, 431
19, 898
87.0
22, 571
11, 681
1.683
17, 224
19, 761
93.1
20, 972
10, 926
1.683
17, 408
18, 984
90.4
19, 397
9,609
1.683
-0.2 +0.1
+8.0 +4.8
-3.4 -3.8
-9.9 +16.4
-9.7 +21.6
.0
.0
92, 466
93, 759
94, 436
93,851
+2.1
+.1
12, 406
8,746
17, 788
12, 722
20, 695
13, 246
15, 446
8,997
13, 123
6,984
16, 075
8,424
12, 615
7,299
-15.0
-22.4
+4.0
-4.3
76, 333
44, 349
92, 824
60, 413
+21.6
+36.2
11,411
395
8,332
6, 579
269
8,347
16,706
735
8,967
18, 802
661
9,494
8,828
483
9,497
17, 850
845
10, 104
17, 150
637
10, 135
-53.0
-26.9
.0
-48.5
-24.2
—6. 3
73, 890
3,595
69, 130
81, 281
3,341
61, 384
+10.0
-7.1
-11.2
11, 297
9,953
10, 224
10, 723
9,346
7,999
8,868
-12.8
+5.4
66, 699
69, 841
+4.7
2,570
82.9
3, 424
2,646
11,272
6,283
2,421
84.3
1, 965
2,491
10, 705
6,239
2,688
86.7
2,137
2,729
10, 076
6,192
2,589
86.7
2,225
2,552
9,642
6,220
2,374
77.2
2,008
2,311
9,166
6,267
2,277
76.5
2,016
2,350
9,682
6,065
2,050
71.7
1,743
2,227
9,148
6,216
-8.3 +15.8
+7.7
-11.0
-9.8 +15.2
-9.4 +4.0
-4.9
+.8
+.8
14, 937
16, 934
+13.4
15, 516
15, 344
17, 016
16, 800
+9.7
+9.5
3,365
44.2
41.6
42.6
1,748
22.3
40.2
26.8
2,689
36.0
38.0
37.3
2,169
33.6
36.3
35.3
-48.1 -19.4
-49.5 -33.6
-3.4 +10.7
-37.1 +24.1
19, 276
20, 482
+6.3
1.3
4.4
1.6
4.6
1.3
3.6
91,079 !
8,652 I
l
+7.0
110,234 ! +1.4
36, 712 -17.2
+6.6
76, 239
Portland Cement
Production
thous. of bbls.
Shipments
thous. of bbls.
Operation f
per ct. of capacity.
Stocks, end of month
thous. of bbls.
Stocks, clinkers, end of month..thous. of bbls.
Wholesale prices, composite
dolls, per bbl.
Highways
Concrete pavements, new contracts:
Total
_.thous. of sq. yds.
Roads
thous. of sq. yds.
Federal-aid highways:
Completed—
C9st
thous. of d9lls.
Distance
miles.
TJnder construction, end of month..miles.
Plate Glass
Production, polished—
.thous. of sq. ft_.
Glass Containers
Actual production:
Quantity
thous. of gross..
Relation to capacity
per cent..
New orders
thous. of gross..
Shipments
thous. of gross..
Unfilled orders, end of month..thous. of gross..
Stocks, end of month.
thous. of gross..
Illuminating Glassware
Production:
Total
_
number of turns..
3, 137
3,243
3,368
Ratio of capacity
..per ct. of capacity..
39.4
42.1
41.8
New orders._
per ct. of capacity__
42.4
44.5
39.6
Shipments
per ct. of capacity..
39.5
40.1
40.0
Unfilled orders, end
of month.
number of weeks' supply..
1.1
1.3
1.1
Stocks, end of month.number of weeks' supply..
4.2
3.7
3.7
' Cumulative through June 30.
+23.1
+4.5
Revised,
1.2
4.0
10
+33 3
+15.0
35
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives shown are through
July, except where otherwise noted.
Earlier data for items shown here may
be found on pages 28 to 137 of the
August, 1928, "Survey"
March
April
May
PER CENT INCREASE (+) OR
DECREASE (— )
1927
1938
June
July
June
July
July,
1928,
from
June,
1928
CUMULATIVE TOTAL
FROM JAN. 1
THROUGH JULY 31
July,
1928,
from
July,
1927
1927
1938
Per ct.
increase
(+>
or decrease
(-)
cumulative
1928
from
1927
CHEMICALS AND OILS
Chemicals
Sulphur production (quarterly)
long tons.. 2 400, 901
Sulphuric acid:
Exports -_ __
.
_ thous. oflbs
728
Price, wholesale
dolls, per 100 Ibs
.78
Nitrate of soda:
Imports
long tons
177, 187
Production in Chile
metric tons
253, 800
Potash salts:
Imports (commercial)
long tons . . 22, 230
Production in France (KaO content)
metric tons
34, 770
Sales in Germany (K20 content)
metric tons
161,460
Superphosphate (acid phosphate) :
Production
short tons
361, 729
Stocks end of month
short tons 1, 386, 087
Shipments
short tons
447, 461
Fertilizer:
Exports
._
long tons.. 114, 632
Consumption, Southern States .short tons.. 2, 185, 435
Dyes and dyestuffe, exports:
490
Vegetable.
thous. of lbs_.
Coal tar
thous. of Ibs
1,735
Arsenic
Crude:
Production
short tons
Stocks end of month
short tons
Refined:
Production
short tons
Stocks end of month
short tons
Price index numbers:
Crude drugs
rel to Aug 1914
Essential oils.
rel. to Aug., 1914..
Drugs and pharmaceuticals
rel. to Aug., 1914..
Chemicals
rel. to 1913-14
Oils and fats
rel to 1913-14
3 526, 009
* +31. 2 s-11.4 91,158,558
3 593, 498
842
.78
516
.78
733
.78
774
.78
746
.75
801
.75
+5.6
.0
-3.4
+4.0
131,819
255, 100
113, 722
262, 400
76, 135
252, 300
28, 150
39, 683
115, 900
54, 867
127, 060
-63.0
-48.7
14, 525
38, 461
36, 857 +164. 8
+4.4
28, 137
12, 997
28, 600
32,000
67, 414
6,502
27, 676
30, 265
82, 949
88, 420
63, 746
99, 948
355, 614 19284,948
875, 207 10803,888
390, 894 10 134, 970
280, 927
980, 919
59, 879
127, 111
862, 878
146, 480
198, 810
111,581
47, 236
98, 803
19, 251
111,512
60, 991
296
1,788
160
1,898
272
1,726
254
8,340
363
968
1,076
1,834
1,098
1,863
1,225
1,876
1,703
2,099
688
2,479
669
2,760
713
2,370
732
1,916
212
132
210
139
208
159
199
166
169
113
122
169
113
125
169
113
128
169
113
123 »
10200,213 240, 863
10209,566 1, 347, 554
1065,320
56, 265
5,107
9
» 926, 910
-20.0
4,733
-7.3
741, 596 +80.6
410, 577
564, 733 91,503,000 +166. 1
135, 453
181, 770
+34.2
9 714, 946
9 802, 978
+12.3
•1,431,624 * 1, 986, 266
+38.7
» 994, 167 n,"336~3l5" ~+41.~5
-28.4
-45.7
786, 599
3, 975, 072
761, 194
5, 030, 512
-3.2
+26.6
-6.6 +53. 9
165
1,526 +383. 2 +446.5 1
2,147
14,060
1,987
20, 050
-7.5
+42.6
1,003
1,155
1,163
1,363
» 6, 924
9 7, 860
+13.5
789
1,266
765
789
9 5, 150
9 4, 297
-16.6
197
162
200
122
193
122
168
113
123
156
113
130
156
112
126
-.6
.0
.0
+7.7
+1.0
-2.4
9,305
443
12, 070
424
11,712
353
+2.0
-37.6
-20.6
+25.5
90, 544
5,718
78, 370
6,164
-13.4
+7.8
13, 252
882
14, 196
666
12, 211
801
+29.0
-.6
+8.5
+10.1
86, 190
3,890
84, 142
5,914
-2.4
+52.0
11, 443
2,333
1,792
3.50
20, 923
3,334
562
3.50
20, 553 -25.0 -44.3
2,655 -18.1 -12.1
1,355 +733. 4 +32.3
.0
.0
3.50
8, 182
9,503
+16.1
517, 696
14, 885
626, 789
14, 388
592 368
17^ 283
+1.4
-46.3
4, 736, 921 4, 345, 046
247, 169
239, 624
-8.3
+3.1
288, 414
38, 485
339, 632
38, 258
295, 812
29,849
-.4 -2.5
+10.1 +28.9
277, 077
66, 518
54, 535
991, 672 1, 094, 775
39, 025
21, 227
9,622
2,201
-50.4 -74.7
-10.1 +213. 4
-18.3 +466. 8
123, 762
396, 814 +220. 6
-16.7
-4.9
487, 739
28, 763
438, 573
30, 921
-10.1
+7.5
2, 965, 906
185, 545
3, 498, 781
225, 350
+18.0
+21. 5
575, 811 411, 229 +11.9 +62.3 2, 996, 621
667, 549
176, 746
17, 827 +10.6 -28.9
12, 672
10, 485
+2.2 -28.8
.66
.66
.47
5
Percentage change from quarter ending June 30,1927.
• Cumulative through June 30.
w Revised.
3, 528, 054
143, 784
+17.7
-18.6
138, 023
1035,485
-11.5
-59.2
1 "
-1.0 +0.5
-2.4 '+32.8
Wood Chemicals
Acetate of lime:
Production—
United States
thous. oflbs
10, 987
9,126
13, 022
11, 693
Canada...
--thous. of Ibs
944
704
710
1,152
ShipmentsUnited States
thous. oflbs
10, 274
12, 092
12, 303
15, 586
Canada
thous. oflbs
684
887
488
1,636
Stocks, end of month—
United States
thous of Ibs
16, 292
15, 257
20, 516
20, 186
Canada
thous. of Ibs
2,848
3,084
4,062
3,095
917
1,152
215
Exports
thous. oflbs..
2,037
Price wholesale
dolls per cwt
3.50
3.50
3.50
3.50
Methanol, crude:
ProductionUnited States
gallons .. 10 707, 460 10 657, 253 10 609, 604 10 510, 627
27, 741
28, 505
Canada
gallons. . 47, 377
35, 768
Stocks at crude plants, end of monthUnited States.
gallons. _ 333, 496 323, 183 299, 062 289, 433
34, 950
Canada
gallons
32, 773
55, 776
33, 357
Stocks at refineries and in transitUnited States
gallons 1, 079, 047 1, 120, 970 909, 620 558, 483
73, 955
Canada
gallons
55, 934
57, 270
47, 268
59, 244
66, 785
98, 763
Exports.
gallons-- 41, 232
Wood at chemical plants:
C onsumption —
59, 744 10 56, 829
United States
.cords
72, 303
63, 973
3,498
4,664
3,530
Canada
cords
5,793
Stocks, end of month —
534, 161 515, 250 489, 388 501, 021
United States
cords
74,749
73, 900
74, 319
Canada
cords
75, 117
Daily capacity3,266
3,275
3,266
3,323
Total
cords
697
263
299
261
Shutdown
cords
Methanol, refined:
ProductionUnited States
gallons. _ 442, 023 468, 446 557, 780 603, 247
6,200
46, 000
30, 400
Canada
gallons.. 48, 400
Stocks, end of month-4.12, 597
541, 083
430, 298 505, 299
United States
gallons
45, 733
55, 359
48, 413
47, 311
Canada
gallons
ShipmentsUnited States
gallons.. 469, 308 412, 597 492, 081 596, 502
11, 462
14, 528
39,856
Canada
.gallons. . 11, 505
.46
.46
.46
.46
Price, wholesale. N. Y
dolls. Der eal-.
2
Quarter ending Mar. 31, 1928.
3 Quarter ending in month indicated.
< Percentage charge from quarter ending Mar. 31, 1928.
-6.6
-44.6
-12.6
-13.9
53, 085
1,938
64,861
1,945
63, 714
2,038
502, 641
73, 699
584, 690
61, 649
598, 209
60, 392
+.3 -16.0
-.3 +22.0
3,250
807
3,535
706
3,535
655
-.5 -8.1
+15.8 +23.2
541, 113
10, 800
416, 042
None.
347, 833
22, 800
-10.3 +55. 6
+74. 2 -52.6
444, 496
39, 210
521, 609
53, 350
554, 809
59, 120
-17.9
-14.3
-19.9
-33.7
36
TREND OF BUSINESS MOVEMENTS—Continued
1938
The cumulatives shown are through
July, except where otherwise noted.
Earlier data for items shown here may
be found on pages 28 to 137 of the
August, 1928, "Survey"
PEE CENT INCREASE (+) OR
1937
DECREASE (— )
March
April
May
June
July
June
July
July,
1928,
from
June,
1928
CUMULATIVE TOTAL
FROM JAN. 1
THROUGH JULY 31
July,
1928,
from
July,
1927
1937
1938
9 74, 607
67, 246
9
Per ct.
increase
(j
$
or decrease
(-)
cumulative
1928
from
1927
CHEMICALS AND OILS— Continued
Ethyl Alcohol
Production
_._thous. of gals__
Withdrawn for denaturization.. .thous. of gals..
Warehouse stocks, end of month. thous. of gals..
71, 183
9 63, 983
-4.6
-4.9
201, 669
201, 464
193, 965
99 189, 131
191, 590
9 182, 910
-6.2
-4.9
-5.7
-7.6
+18.6
-1.8
209, 866
173, 233
-17.5
+.1
+7.6
+6.7
-12.5
-.8
-.3
704, 507
579, 766
-17.7
36, 038
72, 486
+2.7
+4.2
+2.7
+55.5
244, 865
241, 077
-1.5
6, 541
9,896
6,414
6, 652
+10.6
-8.5
-1.7
+17.0
47, 857
42, 469
-11.3
222, 151
428, 796
231, 350
458, 923
+24.4
-.6
+3.2
+79.7
1, 630, 400
1, 615, 843
26, 517
3,181
23, 605
3,272
2,398
3,003
2,637
-25.9
-9.1
1,652
59, 951
20, 488
1,145
53, 379
24, 407
5,892
62, 498
14, 162
3,775
66, 828
15, 215
-30.7
-11.0
+19.1
15, 076
12, 671
19, 629
21, 273
16, 997
11,613
11, 791
10, 642
8,144
7,248
24, 291
22, 800
6,587
23, 744
23, 381
6,489
23, 738
23, 926
5,887
21, 444
20, 490
20, 645
21, 171
5,797
95, 296
323, 307
261, 944
15, 947
164, 872
113,019
5, 660
66, 040
52, 437
16, 798
39,041
30, 194
23, 923
32, 336
21, 781
108, 387
124, 730
56, 945
83, 371
24, 437
47, 409
13, 445
33, 509
124, 848
541, 640
.096
2,214
84, 159
516, 232
.099
2, 015
61, 935
480, 431
.106
2,135
150, 984
111,819
12, 514
82, 273
84, 870
8,230
595
612
2,087
1,671
11,050
8,686
10, 945
11, 784
9,334
11, 267
11, 043
10, 468
10, 904
13, 036
16, 336
6,646
13, 831
13, 761
7,496
15, 170
14, 651
9,700
30, 001
30, 801
29, 660
18, 645
32, 153
32, 095
30, 701
17, 647
32, 850
33, 511
32, 163
16,990
32, 625
32, 816
31, 305
16, 732
34, 120
33, 783
32, 354
16, 989
30, 954
31, 136
30, 335
16, 794
5,624
40, 338
.60
20, 765
45, 458
'.58
39, 764
46, 741
.54
48, 111
61, 336
.57
46, 637
69, 245
.55
57, 730
52, 340
.57
50, 466
58, 390
.56
-3.1
+12.8
-3.5
25, 544
123, 074
8.89
67, 762
140, 805
8.54
118, 460
128, 789
8.15
148, 041
165, 604
9.10
148, 250
178, 225
9.71
184, 971
165, 991
9.93
169, 439
179, 734
9.74
35, 148
98, 101
34, 831
108, 394
36, 036
114, 160
36, 054
108, 200
37, 016
112, 703
35, 197
72, 454
6, 647
10, 862
6,052
10, 963
6,350
9,459
5, 700
8,510
6,304
7,786
259, 079
693, 522
240, 845
727, 416
248, 606
768, 195
191, 947
829, 507
238, 767
824, 671
25, 492
2,775
27, 534
2,844
3,248
3,016
3,008
3,236
_thous. of Ibs
thous. of Ibs
short tons
9,406
56, 179
15, 200
4, 618
65, 152
11, 334
1,996
57, 049
21, 383
thous. of Ibs
20, 889
23, 112
thous. of Ibs
13, 381
12, 284
thous. of Ibs
thous. of Ibs
thous. of Ibs
27, 288
27, 427
6,524
9
Explosives
(Black powder, permissible, and
plosives)
Production
Shipments
New orders
Stocks, end of month
other high exthous of Ibs
thous. of Ibs
thous. of lbs._
thous. of Ibs..
9
9
9
Naval Stores
Turpentine (gum):
Net receipts, southern ports
barrels. _
Stocks at ports, end of month
barrels
Price, southern, New York. .dolls, per gal..
Rosin (gum):
Net receipts, southern ports
barrels. _
Stocks at 3 ports, end of month
barrels..
Price, B, New York
dolls, per bbl
Rosin (wood):
Production
barrels. _
Stocks, end of month
barrels
Turpentine (wood):
Production
barrels
Stocks, end of month
barrels..
Pine oil:
Production
gallons..
Stocks, end of month
gallons
Roofing
Roofing, felt:
Production, dry felt...
tons.
Stocks, end of month, dry felt
tons
Prepared roofing:
Shipments
thous. of roof squares
9
-.9
149, 864
+3.1
17, 830
17,813
-.1
-69.7
-20.1
+60.4
46, 588
414, 302
115, 850
37, 161
401, 391
124, 862
-20.2
-3.1
+7.8
+54.9
+15. 5
163, 828
146, 399
-10.6
-9.7
+46.8
65, 091
86, 911
+33.5
17, 214
16, 727
5,902
-9.7
-14.4
+24.6
+22.5
152, 922
151,413
9 37, 813
174, 274
172, 090
38, 973
+14.0
+13.7
+3.1
55, 562
123, 977
103, 407
54, 038
67, 661
89, 784
' +42. 4
-17.2
-27.9
-55.7
-52.2
-75.7
1, 683, 635
2, 892, 721
674, 065
1, 646, 631
-60.0
-43.1
11, 285
19,457
36, 106
33, 985
22, 567
16, 297
-16.1
-41.9
-50.0
+19.4
870, 093
540, 179
-37.9
22, 779
415,428
.102
2,106
26,404
335, 406
.101
1,867
70, 257
460, 163
.092
1,909
31, 789
378, 613
.095
1,559
+15.9
-19.3
-1.0
-11.3
-16.9
-11.4
+6.3
+19.8
882, 923
601. 734
-31.8
14, 121
14, 613
+3.5
31,376
59, 745
4,906
18, 457
45, 387
143
13, 769
32, 601
71
57, 238
101, 748
18, 105
39, 022
63, 632
23, 169
-25.4
-28.2
-50.3
-64.7
-48.8
-99.7
1,311,814
758, 398
-42.2
238, 171
106, 794
-55.2
474
584
1,627
1,718
650
675
856
2,156
681
392
764
1,664
320
272
411
1,484
488
214
1,444
2,925
429
606
908
1,381
-53.0
-30.6
-46.2
-10.8
-25.4
-55.1
-54.7
+7.5
3,658
2,844
4,305
3,568
15, 722
.099
15, 079
.098
17, 245
.103
17, 196
.103
12, 229
.100
12, 502
.112
9,379
.106
-28.9
-2.9
+30.4
-5.7
29, 547
53, 686
21, 607
38, 582
16, 621
45,331
11,421
45, 135
10, 057
47,258
6,600
51, 036
7,281
52, 596
27, 521
28, 476
2,366 ,, 2, 153
• 145, 318
Fats and Oils
Total vegetable oils and copra:
Exports
.
Imports
Copra, imports
Copra or coconut oil:
Imports
Consumption in
oleomargarine
Oleomargarine:
Production
Consumption
Animal glues, shipments
Cottonseed
Cottonseed:
Receipts at mills
short tons
Consumption (crush)
short tons..
Stocks at mills, end of month short tons
Cottonseed oil, crude:
Production
thous. of Ibs
Stocks, end of month
thous. of Ibs
Cottonseed oil, refined:
Production
_. thous. of Ibs. _
Stocks, end of month
thous. of lbs_.
Price yellow, prime, N. Y dolls, per lb
Consumption in oleomarg
thous. of lbs__
Cottonseed cake and meal:
Production
.short tons
Stocks, end of month
short tons
Exports
-short tons
9
Flaxseed
Production, crop estimate
thous. of bushs
Minneapolis and Duluth:
Receipts
thous. of bushs
Shipments
thous. of bushs
Stocks, end of month
thous. of bushs
Imports
thous. of bushs
Linseed oil:
Shipments from Minneapolis.thous. of lbs__
Pri^e, New York
dolls per lb
Linseed cake and meal:
Shipments from Minneapolis. thous. of Ibs..
Exports
thous. of Ibs..
« As of Aug. 1, 1928.
« 24, 505
7
Final estimate for 1 27.
' 26, 583
9
+17.7
+25.5
14, 703
11, 138
-24.2
72, 245
103, 411
+43.1
84, 762
+38.1
-11.9
390, 222
+4.7 -10.1
Cumulative through June 30.
144,849
327, 891
+70.9
-16.0
37
TREND OF BUSINESS MOVEMENTS—Continued
1938
The cumulatives shown are through
July, except where otherwise noted.
Earlier data for items shown here may
be found on pages 28 to 137 of the
August, 1928, "Survey"
March
April
PER CENT INCREASE (+) OR
DECREASE (— )
1927
May
July
June
June
July
July,
1928,
from
June,
1928
July,
1928,
from
July,
1927
CUMULATIVE TOTAL
FROM JAN. 1
THROUGH JULY 31
Per ct.
increase
(+)
or decrease
(-)
cumu
lative
1928
from
1927
1937
1938
+53.3
+64.8
+23.5
+31.6
175, 295
113, 690
204, 326
132, 502
+16.6
+16.5
-50.5
-40.8
54, 230
83, 572
27, 677
56, 827
-49.0
-32.0
+47.7 +389. 8
+42.7 +316. 0
111,751
134, 548
145, 257
170, 766
+30.0
+26.9
271, 342
9 37, 016
281, 651
9 40, 964
+3.7
+10.7
59, 305
9 57, 328
9 8, 105
4, 676, 114
60, 718
9 59, 822
9 8, 874
4, 978, 511
+2.4
+4.4
+9.5
+6.5
6,516
5,066
6,478
5,669
-.6
+11.9
FOODSTUFFS
Wheat
Production, crop estimate:
Winter wheat
thous. of bushs
Spring wheat .
thous. of bushs
Total, wheat
thous. of bushs
Visible supply, end of month:
United States
thous. of bushs
69, 939
Canada- _ ..
_.
thous. of bushs
143, 919
Receipts, principal markets.. .thous. of bushs.. 26, 263
Shipments, principal markets.thous. of bushs.. 14, 883
Exports:
United StatesWheat only. _
thous. of bushs
2,740
Including wheat flour.thous. of bushs..
7,290
CanadaWheat only
thous. of bushs
18, 655
Including wheat flour.thous. of bushs. _ 23, 794
Prices:
1.62
No. 2, red winter, Chicago.dolls. per bush..
No. 1, northern spring,
cash, Minneapolis
dolls, per bush..
1.315
7 552, 384
7 319, 307
7 871 691
o 578, 599
6 228, 350
6 891, 292
63, 625
129, 552
17, 949
14, 269
50, 381
112, 054
25, 922
27, 912
40,480
99, 228
15, 544
14, 840
55, 362
72, 891
72, 618
33, 543
23,544
49, 247
20, 665
16, 675
36, 104 +36.8
44, 237 -26.5
58, 800 +367. 2
25, 489 +126.0
2,723
7,660
4,823
8,624
5,006
8,093
4,153
7,064
7,459
11, 342
8,397
11, 942
8,361
11, 103
30, 282
34, 268
21, 960
25, 182
32, 426
35, 944
15, 863
19, 673
6,620
8,641
1.81
1.90
1.65
1.417
1.502
38, 986
6,058
39, 910
7,138
8,400
9,661
1,314
688, 720
51
8,064
8,604
9,960
1,541
705, 781
50
9,515
6,700
6,300
6,200
1,097
609
845
886
686
716
8.11
8.49
1.376
-17.0
-12.7
1.52
1.45
1.43
-7.8
+6.3
1.300
1.456
1.440
-5.5
-9.7
38, 931
39, 085
6,000
38, 547
4,662
+9.3
+1.0
8,386
8,528
9,261
1,314
675, 003
50
8,450
8,388
9,256
1,019
668, 232
51
7,918
+9.4
0.0
+7.8
+15.9
+2.6
0.0
Wheat Flour
Grinding of wheat:
United States.
thous. of bushs
44, 748
Canada
thous. of bushs
7,481
Production:
United States, actual
thous. of bushs
9,659
United States, prorated
thous. of bbls__ 10, 738
Canada
thous. of bbls
1,617
Production, grain offal
.
thous. of lbs__ 790, 088
54
Capacity operated, flour mills
per cent
Consumption (computed)
thous. of bbls.. 10,499
Stocks, all positions, end of
month (computed)
thous. of bbls..
6,200
Exports:
United States
thous. of bbls..
1,011
1,142
Canada
thous. of bbls..
Wholesale prices:
7.54
Standard patents, Minn
dolls, per bbl__
Winter, straights,
Kansas City
..dolls, per bbl._
6.88
w 35, 633
6,304
10
10
7, 665
8,854
1,359
636, 308
44
8,269
685,800
51
6,250
6,800
647
782
863
847
788
449
7.95
7.36
7.91
7.81
-7.4
-5.8
7.18
6.44
7.06
6.92
-10.3
-6.9
63,029,561
891
12, 479
23, 742
16, 080
5,833
1.08
1,124
36, 239
26, 241
13, 282
7,299
1.00
72,786,228
733
31, 911
15, 125
12, 090
6,727
1.02
-14.7
-28.5
+26.5
-20.5
-9.2
+4.9
+21.6
-60.9
+57.0
+33.0
-13.3
+5.9
9, 791
18, 110
1,472
.50
659
71,195,006
8,125
12, 270
534
.48
805
-7.5
-42.4
+33.3
-14.1
-18.6
-84.1
-80.5
+27.1
8,513
9,749
7.56
7.63
3,697
46, 734
41, 039
24,402
9,243
.99
3,355
36, 056
19, 579
18, 849
8,285
1.03
1, 186
27, 554
23, 708
23,454
6,921
1.07
1,045
17, 451
18, 771
20, 221
6,427
1.03
Oats
Production, crop estimate .. thous. of bushs
Receipts, principal markets ... thous. of bushs..
Visible supply, end of month.. thous. of bushs..
Exports, including meal
thous. of bushs
Price, contract grades, Chi
dolls, per bush..
Grindings, Canada
thous. of bushs
Production, oatmeal and rolled
oats, Canada
_
thous. of lbs_.
13, 975
16, 265
453
.61
944
12, 436
11,453
387
.65
846
14, 406
7,319
465
.69
887
7,144
3,392
78
.71
753
10, 982
10, 208
11, 520
9,972
Barley
Production, crop estimate
thous. of bushs
Receipts, principal markets.. .thous. of bushs..
Visible supply, end of month.. thous. of bushs..
Exports
thous of bushs
Price, fair to good, malting,
Chicago
dolls, per bush
5,052
2,738
915
2,717
2,339
876
3,031
1,4-35
1,386
2,652
711
1,910
344, 332
2,217
685
2,242
2,579
1,143
1,474
7 265, 577
1,871
891
2,528
1.01
1.04
.96
.83
.92
.79
-5.7 -17.9
+9.2 +74.2
Corn
Production, crop estimate
thous. of bushs
Exports, including meal
thous. of bushs
Visible supply, end of month.. thous. of bushs..
Receipts, principal markets __ .thous. of bushs..
Shipments, prin. markets
thous. of bushs..
Grindings (starch, glucose)... -thous. of bushs..
Price No. 2 Chicago...
__ dolls, per bush
«1,442,173
6,610
1,954
104
.61
6
.99
-16.4 +18.5
-3.7 -23.1
+17.4 -11.3
-13.5
1,982
4,959
313
1.20
1,186
5,051
366
1.27
1,593
1,696
3,345
1.32
781
1,465
1,297
1.26
6 43, 274
571
1,146
195
1.13
1,358
947
3,601
1.15
7 58, 572
1,444
1,376
339
1.10
Total Grains
Total grain exports, incl. flour.thous. of bushs..
12, 659
12, 644
15,006
12, 423
10, 496
19, 014
16, 076
-15.5
-34.7
36, 149
16, 892
429, 614
7 40, 231
147, 176
-87.0
6
15,932
+40.5
206, 966
145, 262
53, 378
+52.1
+88.4
+11.9
73, 543
76, 733
+4.3
6,890
2,446
-64.5
9 4, 203
9 5, 292
+25.9
9 48, 526
9 64, 504
+32.9
16,091
26, 527
+64.9
11, 828
10, 234
13 5
+5.1
Bye
Production, crop estimate
thous. of bushs
Receipts, principal markets. ..thous. of bushs..
Visible supply, end of month.. thous. of bushs..
Exports, including flour __ thous. of bushs
Price, No. 2, Chicago
dolls, per bush..
Bice
Production, crop estimate
thous. of bushs..
Southern paddy, receipts at mills
...bbls.. 942, 266 620, 032 351, 607 129, 752
Shipments:
Total from mills
pockets (100 Ibs.)
905, 678
909, 718 o 531, 073
835, 992
New Orleans
. . .pockets (100 Ibs.)
170, 442
205, 148
203, 261 ° 115, 399
Stocks, end of month
pockets (100 Ibs.).. 2, 137, 656 1, 957, 878 1,455,366 1, 067, 092
Exports ._ __
pockets (100 Ibs.)
288, 771
392, 919
380, 725
291, 287
Imports.
_
Dockets dOO Ibs.).. 39. 279
34. 447
27. 452
14. 815
• As of Aug. 1,1928.
7 Final estimate for 1927.
11, 342
136, 031
77, 089
47, 701
-26.9 -60.5
-21.8
-16.7
-85.0
-42.5
-10.3 +2.7
12, 445
8,922
-28.3
16, 482
6,493
-60.6
130, 116
87, 923
-32.4
-88.5
3, 432, 158
3, 718, 775
+8.4
-46.3 -17.5
-69.4 -63.3
-22.3 -16.0
35 0 +154. 3
4-113. 9 4-20.7
Cumulative through June 30.
4, 991, 165
1,091,486
5, 546, 840
1, 112, 779
-18.9
+2.0
2, 224, 293
375. 932
2, 334, 680
25Q 245
+5.0
-30 0
285, 155
643, 295
35, 274
119, 932
829, 608 1, 181, 230
189, 472
219, 649
31.688
16. 095
345, 794
96, 074
987, 310
74, 519
26.248 1
n Revised.
38
TREND OF BUSINESS MOVEMENTS—Continued
»
1938
The cumulatives shown are through
July, except where otherwise noted.
Earlier data for items shown here may
be found on pages 28 to 137 of the
August, 1928, "Survey"
March
April
May
PEE CENT INCREASE (+) OR
DECREASE (— )
1927
June
July
June
CUMULATIVE TOTAL
FROM JAN. 1
THROUGH JULY 31
Per ct.
increase
(+)
or decrease
(-)
cumulative
1928
from
1927
July,
1928,
from
June,
1928
Julv,
1928,
from
July,
1927
None.
1,731 +223. 9
+94.6
30, 014
22, 321
-25.6
July
1927
1928
FOODSTUFFS— Continued
Other Crops
Apples:
Production, crop estimate thous. of bushs..
Cold-storage holdings,
end of month.
thous. of bbls__
Car-lot shipment
carloads..
Potatoes:
Production, crop estimate. thous. of bushs..
Car-lot shipments
carloads
Onions, car-lot shipments
carloads. _
Citrus fruits, car-lot shipments
carloads..
Hay, all tame:
Production, crop estimates. thous. of tons..
Hay, receipts. ..
_. ..tons..
» 178, 970
2,454
3,569
1,378
2,322
599
1,803
None.
1,040
None.
3,369
7 123, 455
None.
1,202
7 402, 149
20, 709
21, 785
1,864
830
5,781
7,559
-28.1
+37.7
-1.2
+1.3
-11.4
-12.3
134, 125
14, 670
72,420
155,435
17, 305
55, 433
+15.9
+18.0
-23.5
23, 582
1,743
10, 194
16, 851
2,993
8,893
22, 955
4,133
8,350
6 443, 640
20, 972
29, 152
1,652
1,200
5,134
5,070
57, 567
46, 628
42, 955
43,622
9 88, 818
43, 770
53, 435
7 106, 219
48, 005
+0.3
-8.8
403, 716
360, 224
-10.8
1,684
640
254
1,013
1,799
682
283
1,120
1,558
594
184
963
1,650
608
196
1,013
1,732
624
170
1,112
1,547
562
138
971
+5.9
+2.4
+6.5
+5.2
+6.7
+8.2
+42.0
+4.3
12, 039
4,321
1,327
7,632
11, 543
4,258
1,518
7,090
-4.1
-1.5
+14.4
-7.1
422, 916
406, 060
435, 397 10 412, 257
10 1, 392
1, 165
375, 745
381, 828
1,510
449, 020
456, 534
1,374
417, 119
426,434
1,920
-7.5
-7.4
+8.5
-9.9
-10.5
-21 .4
3,019,158
3,085,821
12, 503
2, 702, 825
2, 763, 084
8,171
-10.5
-10.5
-34.6
24, 890
8,896
550
15, 977
28,890
10, 592
462
18,277
+16.1
+19.1
~-16.0
+14.4
4, 803, 477
3, 721, 202
593, 592
5,343,432
4, 238, 284
663, 597
» 849, 698
407, 905
» 976, 972
448, 931
+15.0
+10.1
Cattle and Beef
Cattle movements, primary markets:
Receipts _.
__ thousands. _
1,465
522
Shipments, total
thousands
Shipments, stocker and" feeder. .thousands..
173
Local slaughter
thousands
940
Beef products:
Production, inspected
thous. of lbs__ 378, 251
Apparent consumption
thous. of lbs__ 384, 815
Exports
thous. of Ibs
1,143
Cold-storage holdings,
end mo
..
_. .thous. of Ibs. _ 57, 256
Prices:
13.72
Cattle, corn-fed, Chicago-dolls, per 100 Ibs..
Steer rounds, No. 2 .
dolls, per lb__
.205
.221
Western dressed steers, N. Y. dolls, per lb_.
361, 718
375, 381
1,052
46, 194
37, 212
1° 32, 238
32, 425
43, 756
35, 722
+0.6
-9.2
13.34
.200
.222
13.18
.201
.229
13.56
.212
.225
14.99
.229
.249
11.83
.185
.188
12.30
.193
.200
+10.5
+8.0
+10.7
+21.9
+18.7
+24.5
3,775
1,259
61
2,522
3,046
1,110
38
1,939
-17.6
-8.2
-19.6
-24.2
-4.0
+7.5
+18.4
-11.3
778, 271
589, 156
97, 803
652, 896
548,008
76, 277
-23.7
-6.4
+1.6
-17.6
+2.2
+10.5
991, 593 1, 020, 407
844, 275
841, 271
-9.3
—10.5
+.4
-2.6
165,988
66,404
140, 932
46, 972
-.9
+12.7
147,318
179, 136
-4.3
+14.6
8.69
.246
.131
8.98
.243
.132
+7.3
+9.8
+2.5
+21.0
-2.9
-A3
Hogs and Pork
Hog movements, primary markets:
Receipts
__
thousands..
2,924
4,639
3,483
3,723
3,548
Shipments, total
__ thousands..
1,296
1,385
1,299
1,760
1,193
66
78
Shipments, stocker and feeder.. thousands..
65
56
45
Local slaughter thousands
2,892
2,420
2,269
1,719
2,077
Pork products, total:
Production, inspected
thous. of Ibs.. 890,408 585,081 672, 640 ' 704, 468 537, 820
Apparent consumption
thous. of lbs._ 618,459 528, 236 616, 624 10 598, 167 559, 884
85, 201
Exports
thous. of lbs._ 116, 937
82, 936
86, 159
84, 290
Cold-storage holdings, end of month:
Total
.
thous. of Ibs 1, 162, 243 1, 133, 760 1, 105, 439 101,129,839 1, 024, 362
Fresh and cured
thous. of Ibs
960, 672
919, 366 10 915, 360
819, 073
997, 737
Lard (included in pork products) :
Production
..thous. of lbs._ 155, 052 127, 075 140, 414 146, 520
56, 554
55, 540
Exports
thous. of lbs_. 79, 929
53,436
52, 940
Cold-storage holdings,
end mo
thous. of lbs_. 164, 506 173, 088 186, 070 10 214, 479 205, 289
Prices:
9.61
10.12
Hogs, heavy, Chicago.. ..dolls, per 100 Ibs..
9.09
10.86
7.83
.201
.215
Hams, smoked, Chicago
dolls, perlb..
.206
.236
.207
.121
.118
.123
.122
Lard, prime contract, N. Y _ _ dolls, per lb__
.125
+11.2
+13.9
+11.8
Sheep and Lambs
Sheep movement, primary market:
Receipts
thousands
Shipments, total
thousands
Shipments, stocker and" feeder.. thousands..
Local slaughter
thousands
Lamb and mutton:
Production, inspected
thous. of lbs__
Apparent consumption
thous. of lbs._
Cold-storageholdings,endmo.thous. of Ibs..
Prices:
Sheep, ewes, Chicago
dolls, per lOOlbs..
Sheep, lambs, C hi cago... dolls, per 100 lbs__
1,520
705
95
814
1,591
778
134
814
1,952
994
205
951
1,913
904
278
1,020
1,898
- 828
234
1,068
1,816
849
257
963
1,676
760
216
920
-0.8
-8.4
—15.8
+4.7
+13.2
+8.9
+8.3
+16.1
11, 790
5,570
1,333
6,227
12, 248
5,643
1,163
6,606
+3.9
+1.3
-12.8
+6.1
42, 129
43, 052
3,262
36, 248
38, 039
1,828
38, 455
40, 135
1,226
40, 693
10 39, 923
10 1, 947
39, 394
39,462
1,815
39, 123
38, 872
1,360
37,647
37, 706
1,161
—3.2
-1.2
-6.8
+4.6
+4.7
+56.3
278, 261
281, 643
288,058
292,094
+3.5
+3.7
8.41
15.38
8.90
15.98
7.31
15.19
5.88
13.03
5.38
15.18
5.16
13.25
5.31
14.22
-8.5
+16.5
+1.3
+6.8
74,949
70,438
64,438
10 63, 941
63, 611
63,768
66,457
-0.5
-4.3
Production, inspected
.
thous. of lbs._ 1, 310, 789 983,046 1, 134, 010 151, 221 952,959 1, 266, 415 1, 107, 662
Cold-storage holdings, end mo_. -thous. of Ibs. _ 1, 297, 700 1, 252, 200 1, 208, 773 101,227,965 1, 122, 213 1,100,477 1, 123, 747
Apparent consumption
thous. of lbs_. 1,046,326 941, 656 1, 092, 156 101,050,347 981, 174 1,084,562 1,012,147
-17.2
-8.6
-6.6
-14.0
-.1
-3.0
8, 100, 908
8,334,212
+2.9
7, 088, 657
7,293,462
+2.9
+18.0
+5.5
+21.6
-4.6
136,304
143, 294
+5.1
Miscellaneous Meats
Cold-storage holdings, end mo.. -thous. of lbs_.
Total Meats
Poultry
Receipts at 5 markets
thous. of Ibs
Cold-storage holdings, end of mo. thous. of lbs._
18, 135
83,169
16,006
56,832
17, 862
43, 872
18,849
10 38, 230
22, 238
40, 346
21, 479
50, 064
18, 282
42, 293
Fish
Total catch, prin. ports
thous. of lbs_. 28,316
24,387
27, 650
29,809
27, 324
27,072
-8.3
27,322
0.0
166,220
170,646
+2.7
Cold-storage holdings, 15th of mo.thous. of Ibs.. 34, 528
26,473
26,358 "40,946 " 53, 140
36, 696
42, 118 +29.8 +26.2
anned salmon:
357,014
Shipments, United States
cases.. 314, 241 116, 155 154, 768 240,311
508, 196
2,192,099 1, 396, 261 -36.3
103, 127
37,231
42, 117
Exports, Canada
cases
23, 106
26,333
35,913
48, 190 +14.6
-45.4
501, 350
480,6201 -4.1
9
10 Revised.
7 Firial estimat e for 1927.
« As of Aug. 1, 1928
Cumulative throug ti June 30.
39
TREND OF BUSINESS MOVEMENTS—Continued
1938
The cumulatives shown are through
July, except where otherwise noted.
Earlier data for items shown here may
be found on pages 28 to 137 of the
August, 1928, "Survey"
PER CENT INCREASE (+) OR
DECREASE (— )
1937
CUMULATIVE TOTAL
FROM JAN. 1
THROUGH JULY 31
Perct
increase
or decrease
March
April
May
June
July
June
July
July,
1928,
from
June,
1928
July,
1928,
from
July,
1927
1937
1938
107, 896
45, 748
117,757
44, 721
156,020
54, 427
182, 016
69, 650
167, 750
65, 145
188, 792
75, 756
170, 484
67, 282
-7.8
-6.5
-1.6
-3.2
959, 437
376,317
932, 068
363, 102
-2.9
-3.5
5,716
156, 505
.45
5,109
163, 257
.45
15, 952 1° 69, 750
205, 973 204, 173
.44
.45
120, 327
186, 188
.45
89, 996
201,090
.43
145, 147
185, 532
.43
+72.5
-8.8
+2.3
-17.1
+.4
+7.1
1, 221, 525
1, 219, 627
- .2
30, 410
14, 655
41,490
43, 303
5,759
266
2,011
28, 960
15, 138
36,570
41,791
6,229
187
668
58, 880
40, 305
19, 216
16, 251
45, 778
38,807
48,990 10468,613
6,581
6,280
180
303
5,849
4,860
48, 614
21, 741
32, 146
89, 463
5,937
172
20,095
61, 465
22, 134
44,352
67, 216
7,656
241
7,060
54, 605
24, 134
33, 957
87, 937
6,503
231
8,977
-17.4
-11.0
+13.1 -9.9
-29.8 -5.3
+30.4 +1.7
-8.7
-9.8
-4.4
-25.5
-65.6 +123.8
301, 280
126, 986
281,406
255, 658
115, 129
268, 817
-15.1
-9.3
-4.5
46, 374
2,168
29, 577
41, 436
1,573
35, 955
-10.6
-27.4
+21.6
31, 887
.25
30, 207
.24
36,716
.24
1° 53, 646
.26
72, 825
.26
49, 999
.24
67, 091
.24
+35.8
.0
+8.5
+8.3
2,034
2,360
2,503
1,763
1,335
1,767
1,225
-24.3
+9.0
1,087
34,411
4,515
51, 532
8,162 1010,002
67,941 i° 77, 744
10, 489
81, 606
10, 565
81, 263
10, 746
81,418
+4.9
+5.0
-2.4
+0.2
12, 387
12, 177
-1.7
31,087
1025,255
30, 397
20,760
41,028
20, 223
44,028
19,883
-2.2
-17.8
-31.0
+4.4
1°
25, 081
10
13, 368
3,054
5.83
23,594
8,577
3,011
5.97
37,205
7,573
3,190
5.90
38, 140
7,719
2,716
5.83
-5.9
-38.1
-35.8 +11.1
-1.4
+10.9
+2.4 +2.4
20, 830
23, 215
+11.4
10187,789
10151,769
5,464
4.28
180, 125
124, 738
5,180
4.34
168, 599
126, 534
8,926
4.60
213,068
176, 763
6,326
4.58
-4.1
-17.8
-5.2
+1.4
45, 728
48,504
+6.1
1,275,496 1, 232, 139
-3.4
cumulative
1928
from
1927
FOODSTUFFS— Continued
Butter
Production, (factory)
thous. oflbs_.
Receipts, 5 markets
thous. of Ibs
Cold-storage holdings, creamery,
end of month
thous. of lbs._
Apparent consumption
thous. of lbs._
Wholesale price, New York
.dolls, per lb__
Cheese
Total, all varieties:
Production (factory)
thous. of lbs__
Receipts, 5 markets
thous. of Ibs
Apparent consumption
thous. of Ibs..
Cold-storage holdings,end mo.thous. of lbs_.
Imports
thous. of lbs._
Exports, United States
-thous. of Ibs. .
Exports, Canada
thous. of Ibs
American whole milk:
Cold-storage holdings,
end of month
thous. of Ibs. .
Wholesale price, New York.. .dolls, per Ib
Eggs
Receipts, 5 markets
-thous. of cases
Cold storage holdings, end of month:
Case
thous. of cases
Frozen
thous of Ibs
Milk
Condensed milk,:
Total stocks, mfrs., end mo.—
Case goods
thous of Ibs
15, 844
22, 398
18, 496
16, 716
Bulk goods
thous. of lbs._
8,299
11, 757
Unsold stocks, mfrs., end mo —
18,079
Case goods
-thous. of Ibs.. 10,868
13, 169
8,400
Bulk goods
thous
6,034
6,453
3,279
Exports
thous. oflbs..
4,707
2,700
5.83
Wholesale price, New York, dolls, per case..
5.84
5.83
Evaporated milk:
Manufacturers' stocks, and of mo.—
Total, case goods..
thous. of lbs_. 75, 949
94, 338 119, 210
Unsold, case goods
-thous. of Ibs.. 56, 201
72, 121
95, 386
Exports
thous. of lbs_.
8,742
7,806
6,421
Wholesale price, New York .dolls, per case..
4.28
4.23
4.23
Production, condensed and
evaporated milk
-thous. of lbs_. 181, 476 170, 884 205, 123
Powdered rnilk:
Manufrs' stocks, end mo
thous. of Ibs..
15, 985
9,113
12, 156
Exports
thous. of Ibs. .
273
266
303
Net new orders
thous. of Ibs
6,062
6,590
6,037
Fluid milk:
Receipts—
Boston (includ. cream).. thous. of qts__ 18, 176
17, 914
17, 697
Greater New York
thous. of qts._ 114, 214 109, 613 117, 558
ProductionMinneapolis, St. Paul. ..thous. of Ibs.. 28, 780
31, 949
27, 522
Consumption in manufacture
of olemargarine
thous. of Ibs. . 7,762
7,455
7,035
Sugar
Raw:
Imports—
From Hawaii, Porto Rico long tons.. 204, 691 164, 551 158, 387
From foreign countries
long tons
425, 817 448, 326 271, 492
Meltings, 8 ports
long tons
468, 496 409, 447 378, 231
Stocks at refineries, end month .long tons.. 458, 231 666, 061 701, 624
Receipts, domes., New Orleans.. long tons.. None.
None.
None.
Refined:
Shipments, 2 ports .
long tons
70,414
58, 371
60, 571
Stocks, 2 ports
long tons
31, 621
42, 092
43, 208
Exports, including maple
long tons
9,865
8,645
11,869
Prices:
Wholesale, 96° centrif., N. Y.dolls. per lb__
.045
.045
.045
Wholesale, granulated, N. Y. .dolls, per lb_.
.057
.058
.059
Retail, granulated, N. Y
dolls, per lb._
.064
.063
.065
Retail average, 51 cities, .relative to 1913..
129
129
131
Cuban movement (raw):
Receipts at Cuban ports
long tons.. 1, 016, 015 586, 747 237, 507
Exports
long tons
584, 153 447, 097 287, 561
Stocks, end of month
long tons.. 1,202,871 lr 325, 601 1, 263, 287
Coffee
Imports
thous. of bags. .
1,085
935
839
Visible supply:
World
,.._.
thous. of bags..
5,050
5,152
5,143
United States
thous. of bags..
892
775
873
Receipts, total, Brazil
thous. of bags
1,332
1,203
1,158
Clearances:
Total, Brazil, for world
thous. of bags..
1,052
1,318
1,306
Total, Brazil, for U. S
thous. of bags..
789
518
649
Price, Rio No. 7, Brazil grades
dolls, per lb._
.157
.168
.154
• Cumulative through June 30.
-15.5
-29.4
-18.1
-5.2
269, 421
171, 065
258, 890
200, 076
-36.5
-14.5
"21,517
225
6,129
21, 551
359
6,264
12,356
251
6,196
13, 748
241
5,781
+0.2
+59.6
+2.2
+56.8
+49.0
+8.4
1,908
36, 167
1,990
40,742
+4.3
+12.6
19, 151
115, 866
122, 100
19,633
116, 448
19,366
118, 672
+5.4
+2.9
» 105, 998
776, 785
« 106, 392
793, 473
+.4
+2.1
• 165, 996
• 173, 269
+4.4
-5.4
+38.1
42,528
51, 245
+20.5
912, 684
985, 903
2, 306, 348 2, 171, 874
3, 124, 453 2, 711, 323
+8.0
-5.8
-13.2
519, 286
409, 807
78, 243
58, 082
-21.1
-25.8
3, 536, 993 3, 250, 035
2, 556, 806 2, 387, 260
-8.2
-6.6
5,966
6,758
+13.3
7,788
8,420
7,692
4,126
8,117
4,297,
+8.1
+5.5
+4.1
32,686
30, 835
26, 718
7,034
6,652
5,689
4,817
180, 861
208, 241
404, 120
682, 391
None.
102, 352
253, 613
433, 367
595, 214
None.
140, 717
285,968
503, 703
361, 915
42
98,160
323, 434
459, 108
308, 961
25
-43.4 +4.3
+21.8 -21.6
+7.2 -5.6
+92.7
-12.8
10 64, 224
!° 34, 166
5,364
67, 638
24, 930
10, 313
84, 528
47, 986
8,345
73, 507
46, 775
12, 956
+5.3 -8.0
-27.0 -46.7
+92.3 -20.4
.043
.059
.067
133
.042
.057
.066
133
.046
.060
.065
133
.045
.059
.067
135
185, 360
123,340 149, 682
224, 869 299, 714
359, 738
1, 127, 054 1, 017, 638 1, 156, 430
157, 420
343, 161
998, 209
-2.3
-3.4
-1.5
.0
-6.7
-3.4
-1.5
-1.5
+21.4 -4.9
+33.3 -12.7
-9.7 +1.9
-9.4
906
821
840
791
5,321
861
1,303
5,270
850
1,168
4,393
788
1,206
4,537
634
1,258
1,100
549
.157
1,105
598
.165
1,169
655
.148
+.5 -10.5
1,235
+8.9 -10.2
666
.142
+5.1 +16.2
10 Revised.
+3.8
-1.0 +16.2
+34.1
-1.3
-10.4 -7.2
40
TREND OF BUSINESS1MOVEMENTS—Continued
1938
The cumulative^ shown are through
July, except where otherwise noted.
Earlier data for items shown here may
be found on pages 28 to 137 of the
August, 192S, "Survey"
PER CENT INCREASE (+) OR
1937
DECREASE (— )
March
April
May
June
4,299
223, 464
.325
4,755
195, 988
.325
179, 214
.325
July
June
July
July,
1928,
from
June,
1928
July,
1928,
from
July,
1927
+48.2
-4.9
.0
+18. 2
+24.9
-5.8
CUMULATIVE TOTAL
FROM JAN. 1
THROUGH JULY 31
1937
1938
Per ct.
increase
or de^
crease
(-)
cumulative
1928
from
1927
FOODSTUFFS-Continued
Tea
Imports
thous. oflbs..
7,577
Stocks, United Kingd., end mo—thous. of lbs__ 242, 771
Price, Formosa, fine, New York. dolls, per lb_.
.325
4,863
7,209
170, 519
.325
5,343
6,101
144, 355 10 136, 531
.345
.345
42,950
+4.1
-3.1 -0.5 3, 591, 053 3,499,766
+0.3 +17.5 55, 337, 525 60, 189, 286
231,835
226, 494
-10.8 -4.5
-2.5
+8.8
-2.3
41, 257
TOBACCO
8
Production, crop estimate
thous. of lbs._
1,357,712
71,237,832
Consumption (tax-paid withdrawals):
Large cigars
thousands
497, 904 459, 022 541, 501 575, 996 558, 206
576, 528 561, 199
Small cigarettes
thousands 8, 470, 466 7, 511, 408 8, 891, 803 9, 690, 961 9, 723, 647 8, 736, 464 8, 277, 052
Manufac. tobacco and snuff.thous. of lbs._
33, 582
30,602
33, 042
33,801
31, 570
30, 155
35, 059
Exports:
Unmanufactured
thous. of lbs_. 46, 938
42, 007
39,681
30, 796
28, 418
20, 252
33, 485
Cigarettes
thousands. _ 864, 541 1, 147, 089 781, 118 1, 032, 268 1, 078, 362
809, 523 479, 166
Sales of loose-leaf, warehouses, .thous. of Ibs..
8,325
154
144
587
72
227
236
Price, leaf, Kentucky
dolls, per 100 lbs__ 12. 467
6.492
12. 735
11. 643
8.786
9.069
7.633
-34.2 -28.7
+4.5 +125. 0
+57.6 +215. 3
+39.7 +3.2
294, 227
264, 256
4,770,957 6, 702, 873
319, 610
206, 142
-10.2
+40.5
-35.5
+7.1
+10.5
-.4
+4.9
+3.5
+12.8
-2.4
+7.1
+23.5
16,495
9,092
3,655
41, 545
1,127
408, 952
3, 107, 036
3,445,292
691, 409
16, 865
7,866
4,766
35, 178
1,347
638, 995
3, 087, 717
3, 464, 489
768, 931
+2.2
-13.5
+30.4
-15.3
+19.5
+56.3
-.6
+.6
+11.2
-.5 5, 221, 955 5, 460, 320
-3.4 1, 231, 558 1, 396, 248
+5.3 13, 971, 254 14, 872, 911
+4.6
+13.4
+6.5
TKANSPORTATION
River and Canal Cargo Traffic
Panama Canal:
Total cargo traffic
thous. of long tons..
2,429
2,474
2,140
2,498
2,292
2,229
2,450
In American vessels... thous. of long tons..
1,101
1,162
1,154
1,097
1,341
1,212
1,318
In British vessels..
thous. of long tons..
682
537
716
726
524
535
432
Sault Ste. Marie canals.. -thous. of short tons..
None
9,298
None
12, 633
11, 660
13, 247
12, 614
New York State cnals
thous. of short tons..
None
409
124
400
414
292
381
Cape Cod Canal __
. ..short tons.. 63, 371 105, 857 110, 136 120, 261 135, 702
65,849
84, 062
Welland Canal
short tons..
None
52, 469 997, 484 1, 031, 051 1, 006, 713
991, 787
752,831
St. Lawrence Canal
short tons
None
56, 931 1,038,485 1, 143, 735 1, 225, 338 1, 211, 603 898, 273
Mississippi River Govt. barges
short tons.. 104, 535 112, 960 117, 929
90, 658
112, 000
94, 092
96, 643
Ohio River, Pittsburgh, Pa., to
Wheeling, W. Va ..
..short tons.. 680, 548 772, 624 954,357 931, 641 947, 227
817, 446 951, 562
Allegheny River
short tons
118, 900 238, 970 344, 578 225, 960 306, 010
260, 612 316, 859
Monongahela River..
short tons.. 2, 103, 877 1, 964, 311 2, 215, 732 2, 109, 892 2, 095, 606 1,851,453 1, 990, 824
+1.6
+35.4
n
-6.5
-9.6
+2.1
+13.6
+41.8
+105. 9
+33.7
+36.4
+15.9
Ocean Traffic
Clearances, vessels in foreign trade:
Total
thous. of net tons..
5,581
American
thous. of net tons..
1,895
Foreign
..thous. of net tons..
3,686
Ship losses (quarterly):
Lost
gross tons.. 2 30, 709
Abandoned..
_
__
gross tons.. 2 148, 017
5,537
2,090
3,447
5,996
2,837
3,159
7,371
2,847
4,524
6,835
2,575
4,260
7,781
3,056
4,725
3
3
3 40, 563
22, 594
3
+8.9
+15.4
+5.2
41, 431
15,909
25, 522
42,464
16,467
25, 997
+2.5
+3.5
+1.9
* +32. 1 5+151.2
*-84.7 «-15.0
• 53, 179
9 288, 313
9 71, 272
9 170, 611
+34.0
-40.8
» 206, 496
9 157, 053
9 82, 098
9 42, 563
-60.2
-72.9
< -8.1 «-6.4
» 5, 411
9 5, 553
+2.6
5 +12. 8
«867
91,306
+50.6
-19.9
+.7 29, 434, 801 28,400,036
1, 242, 333 1, 313, 161
+20.3 +11.4
829, 904
838, 696
-27.8 -10.8
—21.5
-1.4 5, 699, 231 5, 020, 467
-27.4
-5.4 2, 035, 259 1, 944, 921
890, 298
-23.8
-.8 1, 052, 343
-21.8
-.3 7,620,811 7, 534, 960
-19.2 +3.1 10, 946, 088 10, 866, 325
-3.5
+5.7
-1.0
-11.9
-4.4
-15.4
-1.1
-0.7
82,263,761 9 2, 188, 491
369, 985
9 478, 828 9 441, 461
91, 633
509, 380
93, 024, 722 92,906,702
92,310,339 92,205,490
383, 717
9 473, 015 9 462, 200
84, 383
9 224, 015 9 223, 859
38, 380
e As of Aug. 1,1928.
7 Final estimate for 1927.
• Cumulative through June 30.
w Revised.
-3.3
-7.8
-3.9
-4.5
-2.3
-0.1
7,142
2,649
4,493
16, 146
26, 593
+5.6
+7.4
+4.4
Shipbuilding
Completed during month:
Total
_ _
_ gross tons..
Steel seagoing
gross tons __
Building or under contract, end of month:
Merchant vessels
thous of gross tons
World construction (quarterly)
thous. of gross tons
World lauchings (quarterly)
thous. of gross tons..
12,990
5,907
9,880
1,488
18, 428
12,604
232
252
259
2 2, 893
2654
10, 719
4,458
264
3
2, 660
3
652
56, 075
48, 174
25, 184
19, 141
219
219
256
3 2 841
3
-3.0
<—. 3
578
+17.0
Freight Cars
Surplus (daily av. last week of month) :
344,502 320, 762 304, 152 336, 181 271,017
Total
cars
274, 223 273, 275
Box
cars
125, 627 134, 069
170, 606
143, 264
137, 618
147, 831 154,437
Coal
cars
171, 481 140, 091 108, 833 114, 710
376, 554
90, 513
81, 330
Shortage (daily av. last week of month) :
None.
None.
Total
cars
None.
None.
None.
32
None.
Box
cars
None.
None.
None.
None.
None.
None.
None.
32
None.
Coal
cars
None.
None.
None.
None.
None.
Car loadings:
Total
cars 4, 452, 031 3, 738, 295 4, 006, 058 4, 923, 304 3, 942, 931 4, 995, 854 103,913,761
Grain and grain products
_ cars _ 237, 266 159, 131 163, 113 172, 234 207, 175
201, 025 10 185, 907
Livestock
.
cars.. 43, 383 105, 146 106, 860 125, 933
90, 919
134, 677 10 101, 952
869, 335 620, 985 670, 821 773, 431 606,884
Coal and coke
cars
807, 031 10 615, 635
338, 451 10 253, 375
Forest products
cars.. 343, 780 257, 316 269, 769 330, 023 239, 751
41, 055 165, 201 327, 983 250, 069
Ore
.
cars.. 42, 859
323, 708 10 252, 013
Merchandise and 1 c. 1
cars 1, 299, 322 1, 040, 999 1, 046, 138 1, 260, 705 986, 115 1, 261, 929 10 989, 402
Miscellaneous
cars 1, 816, 086 1, 513, 663 1, 584, 156 1, 932, 995 1, 562, 018 1, 928, 993 101,515,477
-0.8
-19.4
-19.3 -10.9
-21.1 +18.2
Railroad Operations
Operating revenue:
Freight
Passenger
Total operating
Operating expenses
Net operating income
Freight carried,
thous. of dolls . 387, 739 355, 965 391, 116 370, 268
70, 466
70, 951
thous. of dolls
70, 302
81, 708
505, 185 474, 310 510, 714 502, 474
thous. of dlols
thous. of dolls _ 373, 305 363, 381 381, 836 375, 086
\ 70, 548
85, 997
thous. of dolls
90, 774
88, 183
37,304
39, 250
mills, ton-miles.. 39, 467 r35,866
23 Quarter ending Mar. 31,1928.
Quarter ending in month indicated.
4
Percentage change from quarter ending Mar. 31, 1918.
6
Percentage change from quarter ending June 30,1927.
10 382, 182
10 85, 967
10
517, 454
10 388, 259
10 87, 957
10 38. 477
41
TREND OF BUSINESS MOVEMENTS—Continued
1938
The curnulatives shown are through
July, except where otherwise noted.
Earlier data for items shown here may
be found on pages 28 to 137 of the
August, 1928, "Survey"
March
April
May
PER CENT INCREASE (+) OR
DECREASE (-)
1937
June
July
June
July
July,
1928,
from
June,
1928
July,
1928,
from
July,
1927
CUMULATIVE TOTAL
FROM JAN. 1
THROUGH JULY 31
1938
1937
>er ct.
inrease*
<+)
or derease
(-)
;umuative
1928
from
1927
TRANSPORTATION-Continued
Railway Equipment
Locomotive (Am. Ry. Assn.):
Owned, end of monthQuantity
number
-2.9
60,471
-0.5
60, 373
59, 975
61, 931
60, 284 10 60, 094
61, 765
Tractive power
_
mills. oflbs__
-.7
2,595
2,595
2,590
2,609
2,591
2,611
-.1
2,596
In bad order, end of month8,535
Quantity
number
8,563
8,759
+3.8
-2.6
8,287
8,421
8,310
8,006
.0
Per cent of total in use
per cent
14.3
+4.5
13.7
14.3
13.4
14.0
14.0
14.1
1,195
Installed..
_
number..
258
155 +22.1 -25.2
139
116
140
96
95
1,892
Retired
number..
228
331 -17.3 -29.0
267
194
235
500
284
456
38
+23.1
New orders
number..
32
+357.
1
52
15
33
7
26
Shipments, manufacturers' ( Census)—
630
-23.3
Total
number
-9.8
51
89
60
41
46
70
46
416
19
63
35 -51.3 -45.7
Steam, domestic
number. _
44
38
29
39
103
18
18
-72.2
Electric, domestic
number
11
5
-54.5
10
15
6
Unfilled orders (railroads), end of mo.—
-67.7
173
From manufacturers
number
83
200
-37.8
117
90
56
112
-52.8
In railroad shops
number
17
37
25
20
30
36 -43.3
30
Unfilled orders, manufacturers' ('Census)—
198
399
Total
number
178
188
400
-1.5 -50.4
220
201
138
98
333
299 -10.1 -67.2
Steam domestic
number
123
129
109
+3.5
31
39
37
59
57 +59.5
Electric* domestic
number
41
37
160
22
32
Exports, steam
number
5
15
16 +103.3 +100. 0
26
16
Freight cars (Am. Ry. Assn.)Owned, end of month —
-1.3
Quantity
cars 2, 303, 688 2, 301, 602 2, 300, 241 02,300,669 2, 300, 079 2, 332, 728 2, 330, 042
0
-.7
Capacity
mills oflbs
212, 001
211, 917
210, 312 210, 234
210, 240 o 210, 386 210, 444
+.1
In bad order, end of month —
+4.3
Quantity
cars
141, 433 145, 590
151, 359
145, 210 151, 867
139,698
+4.6
149,869
6.7
+3.1 +6.4
6.2
Per cent of total in use
per cent
6.7
6.3
6.2
6.7
6.5
43, 399
-79.0
307
New orders
cars
2,354
4,029
5,683
7,566 ' 1,459 -86.6
2,286
Shipments33, 932
4,963
5,935
5,908
4,568
5,147
-3.6 -10.5
5,544
Total
cars..
3,332
33, 470
5,584
5,854
4,908
5,528
Domestic
-cars
3,281
4,324
5,115
-4.0 -11.2
Unfilled orders (railroads)—
13, 531
18,303
+8.7 -26.1
21, 956
Total
cars
22,233
19, 325
17, 847
12, 446
14, 678
10, 371
12,385 +11.3 -16.3
From manufacturers
cars
14, 168
9,316
20, 648
17, 589
7,278
3,679
+1.0 -46.6
5,918
In railroad shops
cars
1,585
3,160
3,130
1,736
Passenger cars:
960
19
New orders
cars
57
61
69 -66.7 -72.5
45
153
142
Shipments608
+3.4
123
147
Total
cars
51
23
95
119 +29.5
80
574
+3.4
147
123
18
95
119 +29.5
34
Domestic
cars_ 2
50
9
4
107,
994
3
53,
058
3
53,
995
5 -1.7
-.7
In railroad hands (quarterly)
cars
53,
409
3
3
2
» 2, 064
1, 051
Unfilled orders (quarterly).
.. cars.
1, 033
« -.3 5 -1.7
1, 036
Passenger Travel
National parks:
1, 173, 239
+2.0
263, 268 542, 544 +103. 7
Visitors
number
125, 102 271, 621 553, 394
57, 732
71, 679
222, 865
+3.5
54, 821
117, 642
60, 324
113, 626 +95.0
Automobiles entered
number
3,194
23, 341
12, 426
Arrivals from abroad:
9 159, 220
24, 000
Immigrants
number
20, 419
30, 709
26, 158
23, 420
26, 270
9 155, 791
25, 736
29, 935
United States citizens
number
27, 201
34, 217
32, 586
28, 407
Departures abroad:
Q 25, 587
3,133
9,230
6,240
7,205
Emigrants
number
4,931
4,515
9 185, 299
51,379
34, 993
53,028
65, 686
United States citizens
number
29, 422
29, 506
138, 641
+6.4
15, 776
27, 813
29, 674
14,831 -46.8
Passports issued
number
17, 334
27,098
37, 648
Pullman company operations:
9 39, 601
7,129
7,379
Revenue
thous. of dolls
7,432
6,131
6,515
6,313
« 16, 960
3,096
3,234
2,614
3,095
Passengers carried
thousands
2,625
2,713
65
60
-3.2
64
-6.2
62
Hotel room occupancy
per ct of total
69
68
73
Warehouses
Public merchandise warehouses,
66.4
space occupied
per ct of total
69.9
69.8
68.6
PUBLIC UTILITIES
Telephone companies:
9 388, 334
65, 970
68, 783
64, 573
67, 337
69, 277
Operating revenue
thous. of dolls.
68, 120
9 97, 890
16, 372
14, 232
16, 941
Operating income
thous. of dolls
17, 335
17, 448
17, 386
Telegraph companies:
9 62, 750
10, 850
11, 169
10, 104
11,333
10, 904
10, 569
Commercial telegraph tolls -thous. of dolls.
9 77, 808
13,416
14, 036
14, 162
12, 656
Operating revenue
thous. of dolls
13, 573
13, 205
9 10, 719
1,928
1,906
1,417
2,258
Operating income
thous of dolls
2,009
1,805
Gas and electric companies:
9 1, 064, 578
10 167, 975
178, 000
Gross earnings
thous. of dolls 10 187, 727 i° 181, 144 10 180, 122
161, 638
9391,338
10 59, 167
66,000
53 980
10 72, 811 10 68, 971 i° 67, 675
Net earnings
thous of dolls
Electric railways (212 companies) :
-4.2
768, 968 733, 470
-0.6 5, 527, 089
760, 509 728, 849
Passengers carried
thous. of persons
820, 733
797, 279
771,816
7,919
7,944
+.2
+1.9
10 8, 081
8,097
08,041
108,057
Average fare
cents
10 8, 033
Electric power production (U. S.):
939,411
6,493
6,996
10 6, 477
Total
mills of kw hours
10 7, 246
o 6, 853 10 7, 128
9
15, 205
3, 085
2,531 10 2, 428
Bv water power
mills of kw hours
1° 3, 185
1° 2, 860
o0 2, 949
9
24, 206
3,962
10 4, 049
3,911
10 3, 943
By fuels
mills of kw hours
1° 4, 386
3, 904
In street railways,
9 2, 720
449
10452
manfg. plants, etc
mills, of kw. hours.
372
479
408
428
9 36, 691
6,624
6,044
10 6, 025
10 6, 720
In central stations
mills of kw. hours
10 6, 425
10 6, 767
Electric power production (Canada):
9 6, 681
10 1, 104
1,234
1,108
Total
mills of kw hours
1,333
1,271
1,263
9 6, 590
1,095
1,255
1,220
10 1, 090
By water power
mills, of kw. hours
1,315
1,246
9781
127
139
135
10138
Exported
mills of kw hours
136
122
9
10
Electric r>ower. eross revenue _thous. of dolls _ 10 157. 300 10 153. 800 10 149. 400
148. 700
878, 900
137. 400
134. 300
2
8
Quarter ending Mar. 31,1928.
Percentage change from quarter ending June 30,1927.
3 Quarter ending in month indicated.
« Cumulative through June 30.
10
Revised.
< Percentage change from quarter ending Mar. 31,1928.
881
1,689
171
-26.3
-10.7
-62.5
360
234
81
-42.9
-43.8
-21.4
113
-29.4
22, 633
-47.8
25, 136
24,502
-25.9
-26.8
1,113
+16.0
524
460
• 106, 467
» 2, 069
-13.8
-19.9
-1.4
+.2
1,188,069
230, 264
+1.3
+3.3
9 142, 590
9174,261
-10.4
+11.9
932,922
208, 885
145, 397
+28.7
+12.7
+4.9
9 39, 747
9 16, 496
+.4
-2.7
M04, 110
9 101, 541
+4.1
+3.7
9
9
9
63, 716
79, 644
9 10, 343
+1.5
+2.4
3.5
1,110,950
9
428, 767
+4.4
+9.6
5, 463, 332
-1.2
9
9
42, 359
«9 17, 403
24, 957
9
9
+7.5
+14.5
+3.1
9
+1.2
+7.9
9
9
+15.1
+15.2
-1.8
+7.3
2, 753
39, 606
7, 693
7,9 590
767
943, 200
42
TREND OF BUSINESS MOVEMENTS—Continued
1938
The cumulatives shown are through
July, except where otherwise noted.
Earlier data for items shown here may
be found on pages 28 to 137 of the
August, 1928, "Survey"
March
PER CENT INREASE (+) OK
DECREASE (— )
1937
April
May
June
July
June
July
80.4
82.9
90
80
74
88.5
101.6
120.5
82.6
91.8
116.3
76, 118
253, 390
36, 871
458, 640
26, 205
75.4
82.0
90
80
75
87.8
102.3
121.5
83.2
91.8
119.0
76, 556
259,073
36, 777
453, 683
26, 553
73.6
82.2
90
80
74
86.5
102.9
124.1
85.1
92.9
120.6
76, 580
262, 651
36,922
454, 952
27, 888
72.9
81.6
90
79
75
85.6
102.0
123.3
83.4
96.8
125.7
76,679 |
273, 796
37, 314
451, 125
29, 405
85.9
86.6
94
86
72
93.0
101.7
120.2
87.5
94.1
87.0
78, 448
189,398
34, 542
479, 147
30,059
83.9
85.1
93
84
73
90.7
99.2
117.2
84.3
97.1
92.8
75,329
202, 156
35, 337
470,811
30, 173
13, 200
709
97.6
87.6
96
80
75
98.0
105.5
13, 241
702
99.9
87.8
98
83
79
109.6
13, 413
743
104.8
89.0
98
83
78
108.3
13, 149
793
98.7
87.2
96
76
74 1
123. 0
13, 977
819
102.2
86.6
103
87
75
108.1
108.4
13, 632
814
98.1
85.1
98
81
74
122.0
109.2
84.0
94.8
87.0
89.0
88.0
96.8
96.7
112.3
86.1
115.9
122.1
113.8
92.8
105.1
62.0
118.7
126.6
116.9
86.3
61, 311
61, 422
61,388
59, 800
60,433
28.28
28.78
25.49
27.04
230.4
230.6
108
99
99
104.5
106.3
28.82
29.19
26.07
26.44
232.9
233.9
110
103
104
106.5
108.8
29.28
29.48
27.03
26.24
234.1
236.2
110
102
103
108.2
112.8
29.27
29.17
26.05
27.24
231.9
233.7
110
102
103
108.1
108.7
28.32
28.95
24.22
26.98
229.1
232.0
106
96
99
104.6
101.0
27.19
30.25
31.82
24.47
16.69
27.23
30.07
31.44
24.98
16.87
27.30
30.35
31.74
25.17
17.01
27.34
29.98
31.48
24.49
17.37
26.82
29.27
30.74
23.95
17.08
49.3
47.4
49.4
47.8
49.7
47.7
49.6
47.9
49.7
47.3
50
46
23
26
27
41
36
46
53
40
50
125.5
49
42
28
27
29
38
37
49
51
40
50
125.5
48
42
26
26
30
37
36
45
53
40
50
125.5
47
43
27
25
27
38
36
44
53
40
50
125.5
51
46
29
25
26
38
38
44
54
39
50
125.5
137
146
147
219
69
120
128
138
135
204
66
114
121
147
161
221
66
137
151
150
174
80
10 39. 5
10 27. 1
107.5
104.9
10 41. 3
34.3
24.1
5.9
4.3
41.8
July,
1928,
from
June,
1928
July,
1928,
from
July,
1927
CUMULATIVE TOTAL
FROM JAN. 1
THROUGH JULY 31
1938
1937
EMPLOYMENT AND WAGES
Employment in factories:
Massachusetts
rel. to 1919-23..
82.1
New York State..
rel. to 1923..
83.9
New Jersey
rel. to 1923—
90
Pennsylvania
- rel. to 1923 _.
82
Delaware
rel to 1923 .
74
Maryland
__rel. to 1924..
88.9
Ohio
.. -.
rel. to 1923. .
101.9
Iowa
rel. to 1923—
121.0
Illinois
rel. to 1923. .
83.7
Wisconsin
..rel. to 1923—
92.6
112.8
Detroit
rel. to 1923—
Cleveland
number _. 74, 274
Detroit
number-- 245, 716
Milwaukee
number. _
36,883
New York State
number-- 464, 162
Oklahoma..
number-24, 492
Total pay roll:
New York State (weekly). _thous. of dolls. . 13, 760
Oklahoma (weekly)
thous. of dolls..
634
Wisconsin
_
rel. to 1923..
106.7
91.3
New York State
rel. to 1923..
99
New Jersey..
.rel. to 1923..
85
Pennsylvania...
_
.rel. to 1923..
Delaware
rel. to 1923..
78
85.3
Ohio construction employment
rel. to 1923..
Employment, Canada
rel. to Jan. 1920. _
101.1
Employment, trade-unions:
United States
per cent of total-82.0
93.5
Canada
per cent of total. .
Anthracite mines:
107.7
Employment
rel. to 1923-25..
88.5
Pay roll
rel. to 1923-25..
Federal civilian employees, Washington, D. C., end of month
number __
61,049
Average weekly earnings, factories:
Illinois
dolls..
28.48
29.64
New York State
dolls..
Wisconsin
dolls..
27.62
25.84
Oklahoma.
dolls..
Massachusetts
rel. to 1914..
235.6
237.5
New York
rel. to 1914..
110
New Jersey
rel. to 1923..
104
Pennsylvania
.
..
rel. to 1923
104
Delaware
rel. to 1923..
Illinois.-.
rel. to 1923..
105.2
Wisconsin
rel. to 1923..
115.2
Average weekly earnings (National Industrial
Conference Board):
27.59
Grand total (both sexes)
dolls.
30.60
Total male
_
.dolls.
32.11
Skilled male. _.
dolls.
25.05
Unskilled male
dolls.
17.34
Total women
dolls.
Average weekly hours:
Nominal (both sexes)
hours50.0
Actual (both sexes)
hours48.2
Wages, road labor, by districts:
New England
cents per hour51
Middle Atlantic
cents per hour.
48
South Atlantic
cents per hour.
23
East South Central
cents per hour.
28
West South Central
cents per hour.
28
East North Central
cents per hour.
41
West North Central...
cents per hour.
37
Mountain
cents per hour—
42
Pacific
cents per hour..
52
United States, average
cents per hour..
38
Wage rates, U. S. Steel Corp.. .cents per hour..
50
Wages, steel sheet workers per cent of base..
125.5
Applicants per 100 jobs, employment agencies:
United States
number
154
Eastern States
number..
171
Central States..
number..
166
Southern States
number..
264
Western States
number..
65
Canada
number..
137
27.45
29.15
24.45
26.97
234.6
233.6
108
96
98
101.4
102.0
-1.0
-13.1
-4.1
-.7
-3.2
.0
-6.0
-1.2
+2.7
+1.4
-1.0
-5.6
-.9 +2.8
-.6 +5.2
-2.0
-1.1
+4.2
-.3
+4.2 +35.5
+1.8
+.1
+4.2 +35.4
+1.1 +5.6
-.8 -4.2
-2.5
+5.4
-2.0
+6.7
-5.8
-2.0
-2.0
-8.4
-5.1
+13.6
-3.5
-2.6
+.6
+2.5
-2.0
-6.2
.0
+.8
—1.1
-7.6
-33.2
-10.1
-28.2
-6.2
-1.1
-9.5
+2.8
+.2
-1.1
-1.8
-5.9
-4.9
-6.3
-9.6
-3.1
+.7
+.9
.0
+2.4
+.7
+1.9
.0
-1.0
-3.1
+1.0
50
47
30
25
30
37
37
45
54
39
50
125.5
-2.1
+2.4
+3.8
-3.8
-10.0
+2.7
.0
-2.2
.0
.0
.0
.0
-6.0
-8.5
-10.0
.0
-10.0
+2.7
-2.7
-2.2
-1.9
+2.6
.0
.0
137
149
163
125
65
127
134
145
152
118
87
121
+13.2
+2.7
-6.8
-21.3
+21.2
+2.2
+4.1
-1.3
+47 5
-8.0
43.9
29.1
8.0
6.8
45.0
35.7
24.4
6.0
5.3
37.8
-13.2
-11.1
-21.3
-12.2
+1.2
-3.9
-1.2
—1 7
-18.9
+10.6
Factory Labor Turnover
(Percentage of number on pay roll)
Departures:
Total
per cent (annual basis)..
31.8
37.9
Voluntary quits.. .per cent (annual basis)..
19.5
25.4
Lay offs—
per cent (annual basis)..
8.1
7.5
4.2
Discharges
per cent (annual basis)..
5.0
Accessions
per cent (annual basis) . .
36.5
41.3
Industrial disputes:
63
Disputes
number..
70
81, 406
208, 464
Workers involved..
number..
Man-days lost in month
number.. 2,421,987 4, 993, 233
10 Revised.
10 42. 1
10 28. 7
108.4
105.0
10 47. 2
82
62
196, 047
199, 087
14, 859, 468 5, 307, 089
1
I
Per ct.
increase
(
or-tf
decrease
(-)
cumulative
1928
from
1927
43
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives shown are through
July, except where otherwise noted.
Earlier data for items shown here may
be found on pages 28 to 137 of the
August, 1928, "Survey"
PEE CENT INCREASE (+) OR
DECREASE (— )
1937
1938
April
May
June
July
June
July
July,
1928,
from
June,
1928
41, 787
23, 986
17, 801
40, 100
24, 159
15, 941
40, 074
24, 203
15, 871
44, 848
25, 669
19, 179
36, 253
26, 276
13, 977
36, 039
19, 341
16, 698
40, 253
20, 961
12,006
-10.2 +22.1
+2.4 +25.4
-27.1 +16.4
40, 447
2,467
21, 839
1,619
10, 855
443
3,123
222
4,630
183
912
93
1,128
64
3,707
161
39, 765
2,476
21,937
1,624
10, 784
445
3,060
222
4,984
185
918
93
1,172
65
3,656
172
42, 234
2,488
22, 997
1,634
11,340
449
2,974
221
4,923
184
972
93
1,153
66
4,096
175
42, 097
2,509
22,400
1,652
11, 834
450
3,097
223
4,766
184
1,027
94
1,259
70
4,366
181
38, 764
2,526
20, 592
1,658
10, 583
460
2,950
224
4,639
184
908
96
1,205
73
3,731
181
10 37, 451
10 2, 314
10 20, 407
1,533
10, 064
398
10 2, 869
10211
4,111
172
903
86
1° 1, 018
53
3,299
119
2,286
117
1, 245
120
1,261
131
2,171
118
1,207
119
1,183
131
2,132
116
1,256
120
1,241
131
2,040
117
1,209
121
1,180
131
2,012
109
1,163
121
2,281
118
1,173
113
1,171
131
480
23
1,234
20
13, 134
930
6,578
3,118
2,153
296
788
111
512
23
2,185
20
12, 993
945
6,242
3,151
1,915
298
930
111
469
23
1,526
20
14, 830
953
6,959
3,182
2,036
291
896
115
10516
25
1,170
20
14, 129
953
6,740
3,206
2,075
298
881
116
462
26
991
20
11, 734
953
6,334
3,226
1,846
300
796
116
6.3
4.8
5.0
4.6
34, 280
3,670
30, 758
3,348
31, 589
3,276
12, 356
92, 750
March
CUMULATIVE TOTAL
FROM JAN. 1
THROUGH JULY 31
July,
1928,
from
July,
1927
Per ct.
increase
(+)
or decrease
(-)
cumulative
1928
from
1927
1937
1938
254, 930
150, 687
104, 243
282, 919
172, 375
110, 544
+11.0
+14.4
+6.0
+8.3
DISTRIBUTION MOVEMENT
Retail Sales
Mail-order houses:
Total sales, 2 houses.
thous. of dolls..
Sears, Roebuck & Co
thous. of dolls..
Montgomery Ward & Co_ .thous. of dolls. _
Ten-cent chain stores:
Total sales (4 chains)
thous. of dolls. _
Total stores operated (4 chains) . .number..
F. W. Woolworth & Co thous. of dolls..
Stores operated
number
S S. Kresge Co
thous. of dolls..
Stores operated
._
_ number
McCrory Stores Corp
thous. of dolls..
Stores operated
number
S H. Kress & Co
thous. of dolls
Stores operated
number..
Metropolitan
.. _ thous. of dolls
Stores operated
number..
F & W. Grand
thous. of dolls
Stores operated
number.
W T Grant Co
thous. of dolls
Stores operated
number
Restaurant chains:
Childs Co sales
thous of dolls
Stores operated
number. _
J. R. Thompson Co., sales. thous. of dolls..
Stores operated
number
Waldorf System (Inc.), sales.thous. of dolls..
S tores operated
number
Other chain stores:
Isaac Silver & Bros
thous. of dolls
Stores operated
number..
Hartman Corporation
thous. of dolls..
Stores operated
number .
J C. Penny Co
thous. of dolls
Stores operated
number
United Cigar Stores Co
thous. of dolls..
Stores operated
number
A Schulte (Inc )
thous. of dolls
Stores operated
number
G C Murphy Co
thous of dolls
Stores operated
number..
Installment sales in New England department
stores; ratio to total sales
per cent
10 36, 901
-7.9
10 2, 335
+.7
10 20, 175 1 -8.2
1,546 1
+.4
9,791
-10.6
404
+2.2
102,877
-4.7
10213
+.4
4,058
-2.7
172
.0
864 -11.6
86
+2.1
10913
-4.3
53
+4.3
3,018
-14.5
10121
.0
+5.0
+8.2
+2.1
+7.2
+8.1
+13.9
+2.5
+5.2
+14.3
+7.0
+5.1
+11.6
+32.0
+37.7
+23.6
+49.6
249, 909
270, 571
136, 946
145, 880
+6.5
65, 693
73, 374
+11.7
2,256
118
1, 155
113
1,154
131
-1.4
-6.8
-3.8
.0
-10.8
-7.6
+.7
+7.1
430
21
1,245
17
1° 11, 617
10842
6,471
3,106
2,471
296
732
100
415
21
1,066
17
10 10, 442
842
6,593
3,115
2,447
296
735
103
-10.5
+4.0
-15.3
0.0
-17.0
.0
-6.0
+.6
-11.0
+.7
-9.6
.0
+11.3
+23.8
-7.0
+17.6
+12.4
+13.2
-3.9
+3.6
-24.6
+1.4
+8.3
+12.6
5.7
4.3
6.0
+23.9
-5.0
29, 990
3,094
26, 508
2,956
29, 681
3,069
26, 300
2,988
-11.6
-4.5
10, 941
84, 068
11,014 10 11, 145
86, 110 10 85, 280
9,627
76, 227
10, 951
85, 373
9,529
76, 970
3,764
36, 739
3,417
33, 967
3,461 10 3, 382
35, 277 10 34, 263
3,180
32, 812
3,126
32, 177
Magazine advertising for the following
month
_.
thous. of lines
2,926
Newspaper advertising
' thous. of lines
105, 595
Air mail: Weight dispatched. __
pounds _. 173, 929
BANKING AND FINANCE
2,812
107, 115
171, 028
1,755
1,864
100, 550
55, 026
19, 852
20,440
+3.0
27, 418
31, 877
+16.3
5,771
6,181
+7.1
6,300
7,618
+20.9
20, 083
25, 023
+24.6
16, 760
15, 174
-9 5
8, 334
8,479
+1.7
a 7, 483
8 7, 252
-3.1
2,700
3,139
+16.3
9,741
9,109
-6.5
71, 208
83, 448
+17.2
44, 428
44, 341
17, 111
13, 753
-19.6
4,923
5,562
+13.0
+0.8
-1.1
211, 337
22, 650
214, 251
23, 26*4
+1.4
+2.7
-13.6
-10.6
+1.0
-1.0
76, 018
594, 276
76, 196
581, 542
+.2
-2.1
2,994
32, 759
-6.0
-4.2
+6.2
+.2
22, 849
236, 359
23, 960
240, 252
+4.9
+1.6
1,734
84, 138
99, 589
-18.0
+1.2
11 17,910
» 623, 077
256, 673
-.2
Postal Business
Postal receipts:
50 selected cities
thous. of dolls
50 industrial cities
thous. of dolls..
Money orders:
Domestic paid (50 cities)—
Quantity .
Dumber
Value
thous. of dolls
Domestic issued (50 cities)—
Quantity..
number..
Value
thous. of dolls..
Advertising
2,571
105, 928
199, 409
2,139
98, 272
210, 957
+4.5
11 18, 707
-3.5
» 601, 478
1, 052, 975 +310. 2
Life Insurance
(Association of Life Insurance Presidents)
Policies, new (45 companies) :
Ordinary- ...
number of policies
264, 939 228, 861 276, 180 298, 845 247, 376
236, 429
Industrial
number of policies 1, 049, 955 980, 796 839, 453 840, 312 753, 773
816, 966
159
172
Group.
. .number of contracts .
202
170
189
190
Total
number of policies and contracts.. 1, 315, 096 1, 209, 816 1, 115, 805 1, 139, 347 1,001,319 1, 053, 584
Policies and certificates issued:
Total policies and certificates
number.. 1, 350, 682 1, 246, 362 1, 164, 472 1, 191, 052 1, 040, 054 1, 094, 437
Group insurance certificates certificates ._ 35, 788
48, 839
38, 905
41, 042
36, 705
51, 895
Amount of new insurance (45 companies) :
Ordinary
thous. of dolls
696, 742
790, 827 706, 852 749, 297 767, 865 655, 131
Industrial.
.
thous. of dolls
221, 780
273, 551 259, 962 216, 396 214, 882 194, 642
62,007 205, 195 113, 711
Group
thous. of dolls. _ 57, 986
74, 196
67, 817
Total insurance
thous. of dolls 1, 122, 364 1, 028, 821 1, 170, 888 1, 096, 458 923, 969
986, 339
Premium collections (45 companies) :
Ordinary. .
thous. of dolls
168, 961 157, 836 165, 718 154, 916 152, 862
151, 009
53, 072
50, 691
52, 184
51, 509
Industrial
thous. of dolls
46, 584
51, 013
7,292
5,928
5,930
5,164
Group
thous. of dolls
6,465
5,574
202, 757
Total
thous. of dolls.. 226, 439 214, 455 223, 832 211, 999 213,230
9
Cumulative through June 30.
216, 956
732, 665
161
949, 782
-17.2 +14.0
-10.3
+2.9
-10.5 +5.6
-12.1 +5.4
1, 572, 071 1, 711, 832
5, 637, 850 6, 212, 820
1,269
1,193
7, 214, 190 7, 925, 845
+8.9
+10.2
-6.0
+9.9
978, 721
29, 100
+6.3
-12.7
-25.0 +33.7
8, 094, 081 8, 216, 992
292, 340
281, 160
+1.5
+4.0
638, 866
200, 835
54, 229
893, 930
-14.7
-9.4
-34.8
-15.7
4, 728, 732 4, 896, 136
1, 525, 766 1, 617, 684
457, 710
651, 441
6, 712, 808 7, 165, 261
+3.5
+6.0
+42.3
+6.7
1,103,532
361, 226
56, 434
1, 521, 192
+8.5
+12.9
+47.4
+10.6
+2.5
-3.1
+36.8
+3.4
-1.3
+8.8
+3.0 +12.7
+30.9 +42.4
+.6 +10.6
10 Revised.
140, 517
47, 108
5,123
192, 748
1, 017, 307
319,832
38, 299
1, 375, 438
44
TREND OF BUSINESS MOVEMENTS—Continued
1938
PER CENT INCREASE (+) OR
DECREASE (— )
1937
The cumulatives shown are through
July, except where otherwise noted.
Earlier data for items shown here may
be found on pages 28 to 137 of the
August, 1928, "Survey"
March
April
May
June
July
June
July
July,
1928,
from
June,
1928
July,
1928,
from
July,
1927
CUMULATIVE TOTAL
FROM JAN. 1
THROUGH JULY 31
1937
1938
Per ct.
increase
(+)
or decrease
(-)
cumulative
1928
from
1927
BANJKING AND FINANCE-Continued
Life Insurance— Continued
Admitted life insurance assets (41 companies):
Grand total
mills, of dolls..
Mortgage loans —
Total
mills, of dolls__
Farm
mills, of dolls..
All other
..mills, of dolls..
Bonds and stocks (book value):
Total
mills, of dolls. .
Government
mills, of dolls. .
Railroad
mills, of dolls. _
Public utility
mills, of dolls..
All other
mills, of dolls...
Policy loans and premium
notes ._
mills, of dolls. _
11, 893
12, 001
12, 107
12, 197
10, 982
11, 078
5,153
1,604
3,549
5,199
1,602
3,597
5,241
1,601
3,640
5, 292
1,600
3,692
4,806
1,617
3,189
4,847
1,620
3,227
4,506
939
2,345
1,050
172
4,563
943
2,359
1,064
197
4, 605
928
2,372
1,097
208
4,621
905
2,390
1,112
214
4,117
915
2,225
831
146
4,152
920
2,234
850
148
1,412
1,426
1,442
1,459
1,305
1,316
832, 250
343, 463
185, 240
127, 286
96, 766
79, 495
44, 823
769, 263
314, 944
165, 567
119,317
94, 128
75, 307
46, 718
834, 557
343, 822
180, 589
128, 946
99, 513
81, 687
49, 870
805, 695
333, 895
176, 121
121, 089
96, 796
77, 794
51, 844
700, 939
273, 188
163, 694
107, 659
85, 056
71, 342
49, 492
763, 495
309, 396
165, 803
115, 180
99, 022
74, 094
45, 298
680, 076
267, 873
151, 721
105, 250
86, 058
69, 174
39, 962
+3.1
-13.0
-18.2 +2.0
-7.1 +7.9
-11.1 +2.3
-12.1 -1.2
-8.3 +3.1
-4.5 +23.8
5, 087, 124
2,110,880
1,118,052
748, 521
606, 282
503, 389
286, 838
5, 283, 077
2, 189, 869
1, 161, 734
799, 770
622, 319
509, 380
330, 606
+3.9
+3.7
+3.9
+6.8
+2.6
+1.2
+15.3
44, 786
25, 847
1,812
41, 778
25, 225
1,729
45, 270
26, 346
2,279
45, 455
27, 02P
1,746
35, 085
23, 897
1,896
33, 008
10 23, 812
1,586
30, 750
10 22, 932
1,476
-22.8 +14.1
+4.2
-11.6
+8.6 +28.5
220, 224
161, 462
10, 328
282, 998
175, 106
12, 998
+28.5
+8.5
+25.9
524
1,567
733
2,931
2,404
73.8
757
1,591
656
2,868
2,494
70.2
944
1, 593
525
2,757
2,408
68.9
1,191
1,660
430
2,693
2,459
65.4
1,086
1,613
378
2,756
2,402
68.6
477
1,703
594
3,184
2, 399
77.6
398
1,662
556
3,181
2, 330
79.7
-8.8 +172. 9
-2.8 -2.4
-12.1 -32.0
+2.3 -13.4
+3.1
-2.3
+4.9 -13.9
15,442
6,627
13, 523
15, 951
6,637
13, 946
15, 893
6,683
13, 628
16, 089
6,647
13, 574
15, 861
6, 589
13, 186
14, 718
6,050
13, 381
14, 488
5,992
13, 200
-1.4
-0.9
-2.9
+9.5
+10.0
-.1
4,640
8.86
4,908
8.95
5,274
9.46
4,898
9 25
4,837
3,569
8.50
3,642
8.10
-1.2
+32.8
3,825
4,282
4,469
4,307
4,259
3,118
3,141
-1.1 +35.6
4.63
4.47
4.13
3.50
4.00
5.06
4.60
4.94
5.08
4.38
3.75
4.00
5.06
4.60
5.25
5.70
4.50
4.00
4.50
5.47
4.60
4.09
6.21
4.88
4.07
4.50
5.47
4.60
6.00
6.05
5.13
4.25
5.00
5.04
4.75
4.50
4.33
4.25
3.63
4.00
5.17
4.50
4.44
4.05
4.25
3.50
4.00
5.19
4.50
+46.7
-2.6
+5.1
+4.4
+11.1
-7.9
+3.3
+35.1
+49.4
+20.7
+21.4
+25.0
-2.9
+5.6
4,252
4,262
4, 253
4,301
4,282
10 4, 036
10 4, 025
-.4
+6.4
Government debt, gross, end mo_mills of dolls. . 17, 937
Customs receipts
thous of dolls
48, 277
Total ordinary receipts
thous. of dolls.. 641, 626
Expenditures chargeable to
ordinary receipts
thous. of dolls. . 248, 258
Money in circulation, end mo.:
Total
mills, of dolls..
4,749
Per capita
dolls. .
40.24
17,848
45, 740
169, 965
17, 756
41, 438
164, 932
17, 604
44, 162
678, 927
17, 526
44, 591
154, 859
18, 510
48, 988
742, 691
18, 463
50, 481
173, 970
-.4
+1.0
-77.2
-5.1
-11.7
-11.0
337, 164
2, 271, 845
308, 313 ! -8.6
2, 207, 267
-2.8
326, 709
217, 091
404, 607
278, 620
363, 717
203, 579
-31.1 +36.9
1, 883, 924
1, 997, 710
+6.0
4,748
40.20
4,744
40.12
4,797
4,701
4,851
41.48
4,846
41.40
70, 205
862, 363
20, 001
99, 932
4,109
72, 676
867, 211
11,531
74, 190
4,113
66,411
855, 154
14, 611
1,840
4,587
91, 428
851, 861
10, 738
1,803
4,580
513, 924
5, 870, 140
172, 110
31, 674
497, 645
5, 979, 037
94, 508
592, 708
-3.2
+1.9
-45.1
4,945
1,401
4,314
1,634
4,931
1,614
4,838
1,752
10 8
-6.7
34, 571
11,192
33,304
9,819
-3.7
-12.3
707
479
6,206
7,451
.600
430
262
6,560
6,160
.592
474
284
4,790
5,444
.568
847 -39.2 -49.2
904 -45.3 -71.0
4,288
+5.7 +53.0
-7.4
6,650 -17.3
.564 ! -1.3 +5.0
1° Revised.
31,284
44, 642
37, 998 1 +21.5
48, 486
+8.6
(Life Insurance Sales Research Bureau)
Sales of ordinary life insurance (81 companies):
United States total
thous. of dolls
Eastern manuf. dist
thous. of dolls_.
Western manuf. dist
thous. of dolls. _
Western agric. district-.thous. of dolls. .
Southern district
thous. of dolls..
Far western district
thous. of dolls. .
Canada total, 15 companies -thous. of dolls..
Banking
Check payments:
New York City
mills, of dolls..
Outside New York City
mills, of dolls..
Canada _
mills, of dolls. _
Federal reserve banks:
Bills discounted
mills, of dolls..
Notes in circulation
mills, of dolls..
Total investments..
..mills, of dolls..
Total reserve
.mills, of dolls..
Total deposits....
mills, of dolls..
Reserve ratio
per cent..
Federal reserve member banks:
Total loans and discounts., mills, of dolls. .
Total investments
mills, of dolls. _
Net demand deposits
mills, of dolls..
Brokers' loans, end of month:
To N. Y. Stock Ex. members—
Total...
mills, of dolls..
Ratio to market value.
per cent..
By New York F. R. member
banks
mills, of dolls..
Interest rates:
Time loans, 90 days
per cent_.
Call loans, renewal
per cent-Prime com. paper (4-6 mos.)
per cent..
Prime bankers' acceptances
per cent..
N. Y. Fed. Res. Bank (redisc.)--per cent-Federal land banks
per cent..
Intermediate credit banks
_._per cent..
Deposits, New York State savings
banks, end of month
mills, of dolls..
Public Finance
Gold and Silver
Gold:
Domestic receipts at mint fine ounces. . 67, 872
65, 166
75,983
Rand output
fine
ounces
877, 380 825,907 886, 186
Imports
thous. of dolls
2,683
1,968
5,319
Exports
thous. of dolls.. 97, 536
96, 469
83, 689
10
Monetary stock, end mo. _ .mills, of dolls4,305
4,266
4, 160
Silver:
ProductionUnited States
thous of fine oz
5,333
4,668 1° 4, 574
Canada
thous. of fine oz
1,469
1,388
10 1, 222
Stocks, end of monthCanada
thous. of fine oz..
803
550
456
United States
..thous. of fineoz..
461
128
133
Imports
-.
..thous. of dolls..
5,134
4,888 10 4, 247
Exports
_ _ _
thous. of dolls
7,405
6,587
6,712
Price at New York
dolls, per fine oz_.
.572
.574
.603
'Cumulative through June 30.
10
-2.0
-3.0
+3.5 -20.5
+.6 +1.8
-42.3
+7.4
-25.8
+.1 -10.2
-12.8
+16.6
45
TREND OF BUSINESS MOVEMENTS—Continued
1928
The 'cumulatives shown are through
July, except where otherwise noted.
Earlier data for items shown here may
be found on pages 28 to 137 of the
August, 1928, "Survey"
March
PEE CENT INCREASE (+) OR
DECREASE (— )
1937
1927
1928
-31.4
324, 678
276, 186
-14.9
122, 292
153, 101
49,285
9
92, 047
15, 445
101, 155
139, 213
37, 677
» 65, 755
22, 440
-17.3
-9.1
-23.6
-28.6
+45.3
-1.9
14, 052
14, 554
+3.6
-12.3
+.4
-12.4
-2.2
+2.8
-7.4
*-15.6 «+13.6
-2.4
-13.9
144
3,292
9,949
811
«255
1,207
3,432
10, 262
857
»201
1,073
+4.3
+3.1
+5.7
-21.2
-11.1
-53.6
-61.0
+6.4 H3, 744, 648 13, 928, 001
+13.0 H2, 293, 173 12, 436, 504
+4.9
+6.3
-40.0
-40.8
+2.0
-50.4
— . 6 "1, 441, 475 11,491,497
-1.6 HI, 040, 975 "1, 081, 592
11 243, 825 11 252, 755
+1.5
11 77, 175 11 82, 650
+3.8
June
July
June
July
34, 985
36,117
27, 978
29,587
34, 465
43, 150
13, 236
16,049
5,700
14,230
18,900
2,987
12,932
12, 899
3,755
3,707
1,406
13, 587
17,856
3,022
3 25, 428
10 2, 049
16, 743
16, 832
9,575
1,556
12, 723
13, 781
3,324
3 28, 953
1,681
1° 1, 827
1,818
2,008
1,950
1,723
1,833
1,756
432
1,276
110
470
1,407
131
450
1,161
112
427
1,3]0
96
448
1,187
121
125
127
513
1,325
109
392
127
334, 850
203, 500
467, 225
316, 900
719, 196
466, 704
sas, 400
July,
1928,
from
June,
1928
Per ct.
increase
(+)
or decrease
(-)
cumulative
1928
from
1927
July,
1928,
from
July,
1927
May
April
CUMULATIVE TOTAL
FROM JAN. 1
THROUGH JULY 31
BANKING AND FINANCE— Continued
Business Failures
Liabilities (United States):
Total commercial
thous. of dolls. _
54, 814
Manufacturing
establishments
thous. of dolls. . 20, 412
Trade establishments --thous. of dolls.. 26, 186
Agents and brokers
thous. of dolls..
8,216
Banks (quarterly)..
thous. of dolls. . 2 36, 802
Liabilities (Canada)
thous. of dolls..
6,829
Firrns (United States):
Total commercial
number..
2,236
Manufacturing
establishments
number. .
546
Trade establishments
number
1,566
Agents and brokers
number
124
Banks (quarterly) _
__ _
number. _
2109
Firms (Canada)
number..
150
381
124
156
+5.8
+1.6 -22.8
-6.4
-23.4
+13.0 -60.8
-21.3 5+ 13.9
-16.4
-23.0
-11.6
Dividend and Interest Payments
(For the following month)
Grand total
thous of dolls
Interest payments
thous. of dolls. _
Dividend payments:
Total
thous of dolls
Industrial and misc
thous. of dolls..
Steam railroads
thous. of dolls
Street railways
_
thous. of dolls. _
Aver, payments on industrial
stocks (qtly.)
. dolls, per share. .
561, 230
372, 050
189, 180
149, 500
28, 380
11,300
28.41
131,350
96, 550
27, 100
7,700
150, 325
118,050
26, 075
6,200
252, 492
184, 892
34, 500
13, 600
182, 000
0
10651,853 o 313, 475
423, 703 161, 100
151, 400 10 228, 150
109, 450 10 163, 500
35, 200
33, 450
13, 200
6,750
38.24
3 8 83
Foreign loans in the U. S
thous. of dolls.
118,437 0 141, 840 0 233, 755 268, 179
Foreign governments
__ thous. of dolls. . 85, 750
87, 130
79, 885
48, 550
Total corporation
thous. of dolls
741, 950 833, 206 757, 834 828, 434
Purpose of issueNew capital
thous. of dolls
380, 707 484, 090 583, 357 645, 883
Refunding
__ _
thous. of dolls . 361, 243 349,116
174, 477
182, 551
Kinds of issueStocks
thous. of dolls245, 096 310,263 321, 257 409,611
Bonds and notes
thous of dolls
522, 943 436, 577 418, 823
496, 854
Class of industryRailroads
thous. of dolls
95, 053
192, 781
42,158
28,601
Public utilities
thous. of dolls
226, 733 380, 541 242, 497 378, 637
Industrials
thous of dolls
131, 262 138, 172
150, 783 190, 356
Oil
-.
thous. of dolls
12, 952
7,300
21, 241
22, 929
Land and buildings
thous. of dolls.
73, 935
97, 152
74, 071
82,253
Shipping and misc. . thous. of dolls
102, 803 114,988 230, 272 121,971
Bond issues (Canada) :
Govt. and provincial
-.thous. of dolls.
36
30,000
10, 734
2,158
Municipal
_thous. of dolls.
4,379
2,312
4,347
Corporation
thous. of dolls
7,490
41,845
77, 198
57, 970
States and municipalities:
Permanent loans
thous. of dolls . 10 132, 288 10 130, 211 10 147, 420 10136,244
Temporary loans
thous of dolls
78,001 10 14, 896 10 44, 621
75, 359
Tax-exempt securities outstanding end of month
mills of dolls
16,797
16, 557 10 16, 659 10 16, 724
45,000 10 160, 596
54,400
41, 396
323, 748
707, 548
0
0
152, 375
111, 200
34, 675
6,500
+3.5
+3.9
+3.7
+7.1
-2.0 »-6.7
New Security Issues
Agricultural Finances
Loans outstanding, end mo.:
Federal farm loan banks ._ .thous. of dolls. 1,256,111 1 261,834 1, 266, 386 1, 268, 612
Joint-stock land banks
thous. of dolls
611, 004 610, 921 641, 353 642, 174
Fed.interined. credit banks.thous. of dolls.
74, 119
68, 978
72, 351
70, 599
War Finance Corporation. -thous. of dolls.
904
1,037
985
926
Stocks and Bonds
Stock prices, average daily closing:
25 industrials, average
dolls, per share.
263. 34
252. 94
255. 36
267. 38
25 railroads, average
dolls, per share
118. 64
119.00
123. 09
125. 39
103 stocks, average
dolls, per share.
159. 16
147. 69
147. 91
162. 58
Southern cotton mills
dolls, per share
110. 42
111. 33
110. 97
110. 58
Stock prices, average weekly closing:
Total stocks (229)
rel to 1917-21
202.9
210.5
215.2
221.8
Railroads (31)
rel. to 1917-21
159.0
164.8
168.1
159.7
Industrials (198)
rel. to 1917-21
220.9
236.2
243.9
231.5
Automobile (10) _
..rel. to 1917-21 .
498.3
453.3
508.4
528.2
Chain stores (11)
rel. to 1917 21
589.5
579.7
597.2
605.0
Copper (11)
rel. to 1917-21
162.3
148.0
165.8
158.1
Food (9)
rel. to 1917-21
433.9
443.8
444.8
423.1
Machinery mfg (5)
rel. to 1917-21
126.8
136.4
128.2
133. 2
Petroleum (17)
rel. to 1917-21
114.6
106.2
116.6
122.3
Railroad equipment (10)
rel. to 1917-21..
208.6
228.2
224.6
227.5
Steel (9)
rel to 1917 21
160.8
150.5
157.6
160.0
52.5
Textile (5)
rel. to 1917-21
46.3
49.6
52.6
Theater (3)
rel. to 1917-21
199.0
207.0
188.8
199.8
Tire and rubber (7) .. .. rel. to 1917-21
47.7
56.2
55.7
55.1
Tobacco (7)
rel to 1917-21
190.3
201.3
212.4
215.7
Traction.easandDOwer (16). rel. to 1917-21 .
315.7
339. 7
360. 4
338.0
2 Quarter ending Mar. 31,1928.
3 Quarter ending in month indicated.
* Percentage change from quarter ending Mar. 31,1928.
8 Percentage change from quarter ending June 30,1927.
10 67, 072
25, 596
371, 095
-83.2
-14.7
-60.9
-32.9
+61.7
-12.8
861, 350 1, 098, 165
435, 875
539, 870
4, 202, 076 4, 671, 441
+27.5
+23.9
+11.2
284, 803
38, 945
538, 295
169, 253
341, 658
29,437
-55.9
-78.7
-16.6
+32. 3
3,156,476
1, 045, 600
3, 198, 737
1, 472, 704
+1.3
+40. 8
208,212
115, 536
155, 867
551, 681
79, 052
292, 043
-49. 2 +163. 4
-72.4 -60.4
963, 438
3, 238, 639
1,759,841
2,911,601
+82.7
99
18, 874
57, 598
98, 810
15, 030
64,538
68, 374
204, 223
155, 006
159, 767
30, 000
74,720
83, 833
14,306
115, 360
69, 127
20, 750
48, 936
102, 616
-55.2
-84.8
-48.1
-29.2
-12.9
-43.9
+31.9
-50.1
+42.9
-27.6
+31.9
-33.4
636, 518
1, 594, 782
678, 589
308, 138
410,414
509,872
529, 905
1,758,986
921,855
102, 327
518, 728
825,411
-16.7
+10.3
+35.8
-66.8
+26.4
+61.9
975
9,565
271
2,226
10, 374
4,799
31, 557
-54.8
-87.6
-79.7
-69.7
54, 966
41, 089
138, 410
49, 770
16, 146
206, 649
-9.5
-60.7
+49.3
69, 890 10 164, 299
10, 064
26, 625
10 86, 268
19, 288
-48.7
-77.4
-19.0
-47.8
925, 651
351, 019
851, 977
409, 650
-8.0
+16.7
10 15, 770
15, 783
-13.6
-83.5
+2.0
+.5
+16.3
+1.9
-2.0
-3.8
1, 130, 648 1, 134, 896
607, 517 607, 679
64, 252
65, 051
4,731
4,846
781
257. 98
119. 18
108. 17
210.1
157. 1
232.0
505.9
586.6
164.7
421.7
128.3
115.0
203.8
149.8
43.9
195.4
45.3
189.8
333. 1 1
211.
115.
125.
112.
25
63
45
34
168.5
151.9
175.4
281.9
462.1
113.4
361.1
107.2
101.7
201.2
135.4
40.3
170.8
44.4
190.3
241. 8
221. 90
117.00
135. 83
112. 48
-.2 +22.4
171.6
153.9
-1.6 +2.1
+.2 +29.7
178.9
290.3
+1.5 +74.3
477.7
-.5 +22.8
+1.5 +43.7
114.6
o +16.0
363.4
107.8
+L2 +19.0
100.9
+.3 +14.0
-2.3
203.6
+.1
138.3
+8.3
-5^2 +4.3
42.1
-1.8 +20.1
162.7
-.9
45.7
-5.0
-.3 -3.2
196.0
242.6 1 -1.4 +37.3
9
Cumulative through June 30.
10 Revised.
11 Cumulative through Aug. 31.
46
TREND OF BUSINESS MOVEMENTS—Continued
1928
The cumulatives shown are through
July, except where otherwise noted.
Earlier data for items shown here may
be found on pages 28 to 137 of the
August, 1928, "Survey"
March
April
PER CENT INCREASE (+) OR
DECREASE (— )
1927
May
June
July
June
July
July,
1928,
from
June,
1928
July,
1928,
from
July,
1927
CUMULATIVE TOTAL
FROM JAN. 1
THROUGH JULY 31
1927
1928
Per ct.
increase
(+)
or decrease
(-)
cumulative
1928
from
1927
BANKING AND FINANCE— Continued
Stocks and Bonds— Continued
Stock yields:
Common...
__
..percent..
Preferred, high grade
per cent-Stock sales, N. Y. Stock Exch.thous. of shares..
Bond sales:
Miscellaneous
thous. of dolls..
Liberty-Treasury
.thous . of dolls _ _
Total
thous. of dolls..
Bond prices:
Highest-grade rails.p. ct. of par. 4% bond..
Second-grade rails._p. ct. of par, 4% bond..
Public utility
p. ct. of par, 4% bond..
Industrial
p. ct. of par, 4% bond..
Comb, price index. _p. ct. of par, 4% bond-Bond prices, 1st of following month:
5 Liberty bonds
p. ct. of par_.
16 foreign gov't. and city.... .p. ct. of par-Comb, price index, 66 bonds. .p. ct. of par_.
Bond yields:
Total, 60 high grade
per cent..
Railroads (15)...
per cent..
Industries (15)
per cent-Utilities (15)
_
percent..
Municipal (15)
per cent..
Municipal (20)..
per cent..
U. S. Treasury notes and
certificates, 3-6 months
per cent_.
Liberty and Treasury bonds
per cent..
Long-term real-estate bonds issued:
Grand total.
thous. of dolls. _
Purpose of issue—
Finance construction _._thous. of dolls_.
Real-estate mortgage. __thous. of dolls. .
Acquisitions and
improvements
thous. of dolls. _
Kind of structureOffice and commercial.. thous. of dolls..
Hotels
thous. of dolls
Apartments
thous. of dolls. _
5.28
84, 988
4.63
4.49
5.18
80, 569
4.36
5.21
82, 164
4.53
5.32
63, 741
4.56
5.40
39,001
5.34
5.50
47, 630
5.25
5.52
38, 493
+.7
+1.5
-38.8
-13.1
—2.2
+1.3
317, 334
454, 591
+43.3
304, 610
11,910
316, 520
301, 084
14, 489
315, 573
263, 388
14, 764
278, 152
246, 885
14, 517
261, 402
183, 815
25, 240
209, 055
288,469
252,423
17, 289
269, 712
-25.5
+73.9
-20.0
-27.2
+46.0
-22.5
2, 056, 957
195, 197
2, 252, 154
1, 791, 800
118, 395
1, 910, 195
-12.9
-39.3
-15.2
95.90
88.81
80.32
80.95
86.04
95.33
87.89
82.17
81.09
86.26
94.49
86.92
81.42
80. 73
85.54
92. 04
84.42
79.51
79. 39
83.54
90.62
83.09
79.47
77.74
82.45
93.48
93.57
84.16
76.85
78.60
82.61
-1.5
-1.8
—.1
-2.1
-1.3
-3.2
-1.3
+3.4
-1.1
o
106.05
105. 67
102. 58
105. 98
105. 46
102.44
105. 03
105. 28
101.71
105. 16
104.84
101. 14
103. 20
104. 85
100.05
103. 71
104.96
100.63
103. 58
105.42
100.79
-1.9
-0.0
—1.1
-.4
-.5
-.7
4.37
4.21
4.77
4.62
3.89
3.93
4.38
4.24
4.78
4.56
3.93
3.93
4.42
4.27
4.81
4.57
4.02
4.01
4.50
4.35
4.91
4.66
4.09
4.06
4.52
4.44
4.95
4.56
4.13
4.13
4.51
4.35
4.87
4.80
4.00
4.01
4.51
4.34
4.86
4.81
4.02
4.06
+.4
+2.1
+.8
-2.1
+1.0
+1.7
+.2
+2.3
+1.9
-5.2
+2.7
+1.7
3.27
3.30
3.62
3.32
3.90
3.35
3.97
3.40
4.26
3.50
3.09
3.47
2.96
3.48
+7.3
+2.9
+43.9
+.6
62, 962
87, 748
74, 450
66,364
48,495
68, 556
39, 719
-26.9
+22.1
357, 187
444, 026
+24.3
13, 520
35, 557
29, 220
36, 865
44, 515
20, 910
27, 400
6,763
18, 581
24, 079
36, 766
23, 960
12, 223 -32.2
15, 040 +256. 0
+52.0
+60.1
154, 751
100, 622
180, 080
139, 784
+16.4
+38.9
4,225
16, 323
2,600
2,610
1,510
2,790
11, 965
4,010
4,060
14, 605
11,395
3,635
45, 175
10, 300
4,265
22, 430
885
4,085
9,786
4,020
4,600
26, 645
3,781
34, 837
323, 306
84.10
76.76
78.37
82.69
4,340
4,575
-42.1
-67.0
50, 963
45, 976
-9.8
6,828 -56.4
2,065 +354. 2
3,680 +12.6
+43.3
+94.7
+25.0
112, 038
25, 661
32, 552
155, 376
31, 960
26, 864
+38.7
+24.5
-17.5
2, 442, 474
2, 403, 670
-1.6
Corporation Stockholders
(Quariery)
U. S. Steel Corp. common stock:
Domestic
number.. 2 95, 902
Foreign
number.. 2 1, 691
Shares held by brokers
per ct. of total.. 2 23. 86
American Telephone & Telegraph Co.:
Domestic
number- 2 430, 181
Foreign
number.
2 5, 220
3
3
96, 649
1, 688
22. 79
3
3
88, 665
1,604
26. 53
+4 8 + 5 9 0
-4.2 +55.2
-44.5 -«14.1
3
3
3
3 427,
195
3
5, 172
41
5, 024
3
5, 267
-4.7
+52.9
—4 9
—518
FOREIGN EXCHANGE BATES
Europe:
England
France
Italy
Belgium
Netherlands
Sweden
Switzerland.
Asia:
Japan
India
America:
Canada..
Argentina. __
Brazil
Chile
dolls, per £ sterling.
dolls, per franc.
dolls, per lira.
dolls, per franc.
dolls, per guilderdolls, per krone.
__ .dolls, per franc.
4.88
.039
.053
.139
.403
.268
.193
4.88
.039
.053
.140
.403
.269
.193
4.88
.039
.053
.140
.404
.268
.193
4.88
.039
.053
.140
.403
.268
.193
4.86
.039
.052
.139
.403
.268
.193
4.86
.039
.056
.139
.401
.268
.192
4.86
.039
.055
.139
.401
.268
.193
-0.4
.0
-1.9
.0
.0
0.0
.0
-5.5
.0
+.5
.0
.0
dolls, per yen..
..dolls, per rupee..
.472
.365
.477
.366
.466
.366
.466
.365
.459
.363
.467
.362
.471
.361
-1.5
-.5
-2.5
+.6
dolls, per Canadian doll..
dolls, per gold peso..
_ .dolls, per milreis
dolls, per paper peso__
1.000
.973
.120
.122
1.000
.972
.120
.120
.999
.972
.120
.122
.998
.969
.120
.122
.998
.961
.119
.121
.999
.964
.118
.120
.999
.966
.118
.120
.0
-.8
-.8
-.8
-.1
-.5
+.8
+.8
Grand total _
thous . of dolls 10 380, 437 10 345, 194 i° 353, 967
By grand divisions:
EuropeTotal
thous. of dolls. 10 104, 736 10 94, 282 10 104, 335
France
thous. of dolls,. 10 12, 597 10 10, 429 10 11, 157
Germany
thous. of dolls « 18, 535 10 16, 725 10 16, 136
Italy
thous. of dolls..
8,238
1° 7, 899
'•8,588
United Kingdom
thous. of dolls.. 10 32, 951 10 28, 097 10 35, 047
North America—
Total
thous. of dolls 10 88, 524 "84,978 10^85, 915
Canada
thous. of dolls. 10 39, 418 i°35,044 10^42, 993
South AmericaTotal
thous. of dolls 1° 59, 239 "49, 772
47, 376
Argentina
thous. 01 dolls.. •o 12. 525 1,1° 9. 746
10. 713
1
Quarter ending Mar. 31,1928.
8
Quarter ending in month indicated.
4
Percentage change from quarter ending Mar. 31,1928.
317, 290
317, 804
354, 892
319, 298
+0.2
-0.5
95, 565
11,927
15, 788
8,169
27,854
100, 837
12,908
14, 153
8,499
29,591
96, 651
11,820
16, 148
7,896
29, 343
»709,714
9 90, 174
9 107, 798
• 60, 921
9 199, 146
73,901
41,01?
89, 836
40, 578
77, 830
38, 158
51,099
10. 319
40,365
8.921
37, 631
fi.771
_
__ n
!o
U. S. FOREIGN TRADE
Imports
9
601, 968
9 72, 153
102, 266
e 49, 838
8
175, 838
-15.2
-20.0
-5.1
-18.2
-11.7
'581,994
» 262, 865
8
489, 266
« 231, 867
-15.9
-11.8
9 297, 839
9 54. 283
9 302, 105
9 57. 016
+1.4
+5.0
9« Percentage change from quarter ending June 30,1927.
Cumulative through June 30.
10 Revised.
9
47
TREND OF BUSINESS MOVEMENTS—Continued
1938
The cumulatives shown are through
July, except where otherwise noted*
Earlier data for items shown here may
be found on pages 28 to 137 of the
August, 1928, "Survey"
March
April
May
PER CENT INCREASE (+) OR
DECREASE (— )
1927
June
July
June
July,
1928,
from
June,
1928
July
July,
1928,
from
July,
1927
CUMULATIVE TOTAL
FROM JAN. 1
THROUGH JULY 31
1937
1938
Per ct.
increase
( }
or tdecrease
(-)
cumu
lative
1928
from
1927
U. S. FOREIGN TRADE-Continued
Im ports— C ontinued
By grand divisions— Continued.
Asia and Oceania—
Hfct Total
___thous. of dolls.. 10120,066
C; PJapan
. . thous. of dolls 10 30, 748
10 7, 872
^ ' Africa, total
thous. of dolls
By classes and commodities:
Crude materials
thous. of dolls 10 145, 546
Foodstuffs, crude, and
food animals
thous of dolls
53, 452
Manufactured foodstuffs.. .thous. of dolls. . 41,007
Semimanufactures
thous. of dolls
64,944
Finished manufactures
thous. of dolls.. 75, 488
10109,772 10 109, 724
10 29, 505 10 38, 536
10 6, 391
6,617
87, 252
22, 306
9,472
10 127, 034 10 137, 802
109, 694
48, 334
30, 006
57, 659
71, 597
10364,065 10422,069 10 388, 636
46, 049
10 43, 276
10 60, 672
-» 68, 163
47, 955
34,232
10 59, 081
1" 74, 896
115, 380
36,035
8,474
100, 261
30, 025
6,925
106, 030
137, 511
121, 185
43, 174
33, 314
60,045
75,242
39, 619
42, 172
60, 384
75, 207
34, 269
35, 076
61, 523
67,244
382,000
356,966
341, 809
-3.3 -12.5
-10.7
+26.0
+11.0 -5.0
+4.1 -2.4
+5.1 +11.9
-18.9
-17.2
-17.8
« 793, 473
9 225, 414
9 59, 453
• 643, 633
» 186, 689
« 48, 893
966, 635
890, 383
-7.9
283, 881
276, 411
432, 877
482, 669
334, 810
246, 598
428, 004
503, 876
+17.9
-10.8
-1.1
+4.4
2, 708, 105
2, 759, 611
+1.9
9 1,087, 829 « 1,097, 667
9 101, 140 9 103, 132
fl 210, 311 9 205, 768
9 60, 883
9 76, 912
9 415, 483 9 384, 387
+0.9
+2.0
-2.2
+26.3
-7.5
Exports
Grand total, including
reexports
thous. of dolls. _ 10 420, 617
By grand division:
EuropeTotal
thous. of dolls 10 194, 424
France
thous. of dolls
18, 693
Germany
thous. of dolls
35, 058
Italy
thous. of dolls . 11, 317
United Kingdom. . thous. of dolls
70, 505
North AmericaTotal
thous. of dolls 10 110, 709
Canada
thous. of dolls
73, 035
South AmericaTotal
-- . thous. of dolls 10 40, 222
Argentina
thous. of dolls
14, 884
Asia and OceaniaTotal
thous. of dolls. . 10 65, 583
Japan
thous. of dolls
20, 113
Africa, total
thous. of dolls _
9,680
Total domestic exports only thous. of dolls.. 409, 961
By classes of commodities:
Crude materials
thous. of dolls.. 91, 619
Foodstuffs, crude and
food animals
thous of dolls
14, 821
Manufactured foodstuffs... thous. of dolls.. 42, 811
Semimanufactures
thous. of dolls
62,993
Finished manufactures
thous. of dolls. _ 197, 718
Agricultural exports (quantities) :
All commodities
index number
100
All commodities except
cotton
index number
117
-1.7
+11.8
10 161, 772
10 13, 131
29, 435
11, 014
1056,957
188, 172
18, 538
32, 838
15, 149
61, 449
161, 420
15, 712
28, 365
11, 254
52,160
155, 328
14,907
29,941
9,496
56, 103
143, 189
11,411
24, 133
7,940
52, 789
10 101, 902
10 70, 471
123, 475
88, 978
114, 005
81, 888
108, 072
74, 312
98,724
64, 772
9 615, 046
9 403, 396
9 628, 500
9 429, 336
+2.2
+6.4
10 33, 848
11, 776
38, 425
14, 082
39, 139
15, 692
31, 468
11, 389
36, 034
15, 239
9 220, 032
9 75, 547
9 217, 907
9 80, 175
-1.0
+6.1
10 59, 131
16, 985
7,413
356,054
63, 015
22,998
8,983
413, 119
63, 520
21, 628
10, 552
380, 204
371, 256
54, 333
13, 698
7,764
348, 546
54, 318
15,190
9,545
332,994
-2.4
+11.5
9 391, 972
9 127, 527
9 51, 412
2, 643, 206
9 378, 585
9 122, 913
9 54, 955
2, 695, 121
-3.4
-3.6
+6.9
+2.0
74, 394
89, 814
74,920
60, 295
63, 349
55,023
-19.5
+9.6
611, 759
598, 387
-2.2
13, 203
32, 866
56, 320
179, 271
19, 738
33,123
67, 118
203, 326
17, 130
31, 249
62, 966
193, 938
14, 214
30, 396
61, 346
205,004
25, 207
36, 355
62, 485
161, 150
21,910
31, 278
59, 354
165, 429
-17.0
-2.7
-2.6
+5.7
-35.1
-2.8
+3.4
+23.9
172, 457
260, 484
414, 507
1,184,000
110, 490
253, 214
430, 349
1, 302, 679
-35.9
-2.8
+3.8
+10.0
-6.6
+16.7
+13.2
+57.7
625, 202
649, 977
692,026
701, 079
+10.7
+7.9
82
92
76
89
75
99
103
91
118
102
78,490
60, 455
113, 582
120, 154
110, 694
109, 139
101,029
107, 201
91, 369
80,787
CANADIAN FOREIGN TRADE
Total trade:
Imports
Exports
thous. of dolls..
thous of dolls
9
120, 418
109, 147
Cumulative through June 30.
103, 404
127, 369
w Revised.
48
PRELIMINARY RETURNS CENSUS OP MANUFACTURES 19271
VALUE OF PEODUCTS
INDUSTRY
1927
1925
Per
cent
increase 2
Thousands of
dollars
20, 784
Aircraft
1,674
Bluing
Baking powders, yeast, etc. 85, 100
597, 446
Cane-sugar refining
Chewing gum _ _
_ _ 61, 722
17, 338
Cork products
Corn sirup, corn oil, and
134, 410
starch
2,141
Engravers' materials..
2,932
Graphite
9,782
Hotel china
-111,
234
Linseed oil, cake, and meal.
20, 252
Malt
24,
786
Matches
._
VALUE OF PRODUCTS
PERSONS EMPLOYED
1927
1925
Number
12, 525
2,167
74, 593
606, 633
47, 838
16, 020
69.9
-22.7
14.1
-1.5
29.0
8.2
4,316
155
3,028
13, 996
2,504
3,176
2,701
176
2,931
14, 502
2,180
3,297
59.8
-11.9
3.3
-3.5
14.9
-3.7
132, 898
k'"2, 014
' 2,569
9,996
140, 514
24, 069
23, 741
1.1
6.3
14.1
-2.1
-20.8
-15.9
4.4
6,911
171
289
4, 385
2,710
499
3,885
6,492
177
228
3,723
2,692
568
4,627
6.5
-3.4
26.8
17.8
0.7
-12.1
-16.0
1927
INDUSTRY
Per
cent
increase 2
1925
Thousands of
dollars
PERSONS EMPLOYED
1927
Per
cent
increase 2
Motor vehicles
2, 846, 213 3, 198, 123
Motor cycles and bicycles . 21, 454
24, 258
Porcelain electrical supplies
22, 872
21, 370
Rayon and allied products. 109, 888
88, 061
Sand-lime brick
3,601
3,760
2,905
Tin oxide
2,600
Type founding
2,684
2,451
Vitreous china plumbing
fixtures . _
25, 458
27, 240
Wool carpets and rugs,
164, 709 188, 903
other than rag _
Wool-felt hats
10, 575
8, 949
5,831
Wool scouring
6,662
1925
Number
Per
cent
increase2
-11.0
-11.6
187, 835
3,897
197, 728
4,193
-5.0
-7.1
7.0
24.8
-4.2
-10.5
9.5
6,808
26, 341
782
6, 462
19, 128
801
5.4
37.7
-2.4
525
537
-2.2
-6.5
6,201
-12.8
18.2
14.2
32, 290
2,369
1,386
33,886
1,854
1,112
-4.7
27.8
24.6
1
Compiled by the U. S. Department of Commerce, Bureau of the Census, from reports collected in connection with the census of manufactures. Data for other industries2 will appear as they are completed. Statistics in greater detail may be obtained from the bureau's preliminary statements on the respective industries.
A minus sign (—) denotes decrease.
CALIFORNIA WHITE AND SUGAR PINE
PRODUCTION
MONTH
1926
1927
1928
1926
1927
UNFILLED ORDERS, END
OF MONTH
NEW ORDERS
SHIPMENTS
1928
1926
1927
1928
1926
1927
1928
132, 486
146, 505
145, 442
142, 556
145, 462
176, 797
181, 585
151, 418
178, 138
176, 156
175, 700
167, 582
144,
162,
175,
165,
312
979
523
796
148, 161
186, 405
182, 648
181, 262
164, 921
183, 610
190, 185
Thousands of feet, board measure
January
February
March
April
May
June
July
August
. .-
September
October
November
December
Total
Monthly average
39, 327
44, 956
79, 004
113, 905
50, 161
40, 062
40, 461
52, 668
46, 736
44, 699
69, 724
97, 096
91, 684
73, 523
99, 347
102, 592
72, 082
71, 459
96, 590
92, 519
79, 796
87, 810
100, 792
98, 924
79, 527
75, 445
107, 213
108, 213
70, 402
81, 204
90, 806
100, 179
65, 307
79, 981
92, 677
83, 965
133, 426
133, 314
128, 893
138, 788
106, 389
131, 713
125, 098
142, 196
134, 273
133, 064
123, 923
100, 002
107, 127
102, 062
110, 319
99, 988
102, 571
96, 305
107, 248
107, 267
107, 019
96, 181
92, 381
90, 326
95, 156
98, 559
93, 777
91, 290
81, 275
86, 321
102, 659
89, 802
96, 433
135, 870
126, 123
89, 995
68, 732
133, 659
109, 490
92, 289
67, 617
105, 384
98, 327
80, 753
78, 529
104, 699
111, 508
82, 168
70, 563
93, 291
92, 472
79, 548
91, 049
90, 886
97, 683
70, 343
58, 796
172, 745
172, 152
192, 691
162, 763
187, 878
189, 947
222, 259
191, 837
1, 232, 333
102, 694
1, 091, 803
90, 984
1, 149, 647
95, 804
1, 107, 700
92, 308
1, 103, 180
91, 932
1, 012, 963
84, 414
159, 663
178, 805
i Compiled by the California White and Sugar Pine Association from reports of 18 identical mills.
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CHIEF FUNCTIONS OF THE DEPARTMENT OF COMMERCE
WILLIAM F. WHITING, Secretary of Commerce
WALTER F. BROWN, Assistant Secretary of Commerce. EPHRAIM F, MORGAN, Solicitor
AERONAUTICS BRANCH
P. MCCBACKEN, Jr., Assistant Secretary of Commerce
for Aeronautics
' Establishment of civil airways and maintenance of aids to air
navigation; inspection and registration of aircraft and licensing
of pilots; enforcement of air traffic rules; investigation of accidents; encouragement of municipal air ports; fostering of air
commerce; scientific research in aeronautics; and (dissemination of information relating to commercial aeronautics. (Some
of these functions are performed by special divisions of the
Lighthouse Service, the Bureau of Standards, and the Coast
and Geodetic Survey.)
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BUREAU OF THE CENSUS
WILLIAM M. STEUART, Director
Taking censuses of population, inmates of institutions, mines
and quarries, forest products, and water transportation every
10 years; censuses of agriculture and electrical public utilities
every 5 years; and a census of manufactures every 2 years.
Compilation of statistics of wealth, public debt and taxation,
including financial statistics of local governments, every 10
years; annual compilation of financial statistics of State and
municipal governments.A
Compilation of statistics of marriage, divorce, births, deaths,
and penal institutions annually, and of death rates in cities and
automobile accidents weekly.
Compilation quarterly or monthly of statistics on cotton,
wool, tobacco, leather, and other industries; publication in the
Survey of Current Business of monthly commercial and industrial statistics.
BUREAU OF FOREIGN AND DOMESTIC
COMMERCE
JULIUS KLEIN, Director
The collection of timely information concerning world market
conditions and openings for American products in foreign countries, through commercial attache's, trade commissioners, and
consular officers, and its distribution through weekly Commerce
Reports, bulletins, confidential circulars, the news and trade
press, and district and cooperative offices in $5 cities.
The maintenance of commodity, technical, and regional
divisions to afford special service to American exporters and
manufacturers.
The compilation and distribution of lists of possible buyers
and agents for American products in all parts of the world and
publication of weekly lists of specific sales opportunities abroad.
The publication of statistics on imports and exports.
The study of the processes of domestic trade and commerce.
BUREAU OF STANDARDS
GEORGE K. BURGESS, Director
Custody, development, and construction of standards of
measurement, quality, performance, or practice; comparison
of standards used by scientific or other institutions; determination of physical constants and properties of materials; researches
and tests on materials and processes; and publication of scientific and technical bulletins reporting results of researches and
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Preparation of specifications for Government purchases,
through the Federal Specifications Board.
Collection and dissemination of information concerning
building codes and the planning and construction of houses.
Establishment of simplified commercial practices through
cooperation with business organizations in order to reduce the
wastes resulting from excessive variety in commodities.
BUREAU OF MINES
SCOTT TURNER, Director
Technical investigations in the mining, preparation and
utilization of minerals, including the study of mine hazards
and safety methods and of improved methods in the production and use of minerals.
Testing of Government fuels and management of the Government Fuel Yard at Washington.
Research on helium and operation of plaijt
Studies in the economics and marketing 0
lection of statistics on mineral resources ari^
The dissemination of results of techn]
researches in bulletins, technical papers^
series, miners' circulars, and miscellaneous
r
and collents.
fconomie
resources
3.
BUREAU OF FISHER]
HENRY O' MALLET, Commisai
The propagation and distribution of
in order to prevent the depletion of the
to promote conservation of fishery resou;'c
ment of commercial fisheries and agricultur
methods, improvements in merchandising
fishery statistics; administration of Alasks
seals; and the protection of sponges off the
Shellfish,
ti gat ions
develop*
>t fishery
setion of
land fur
orida.
BUREAU OF LIGHTHO
GEORGE R. PUTNAM, Comm:
Maintenance of lighthouses and other aic s
tion. Establishment and maintenance of
along civil airways.
Publication of Light Lists, Buoy Lists, add
ners, giving information regarding these a
naviga*
jvigatioQ
to Marition.
COAST AND GEODETIC
B. LESTER JON KB, Directs
Survey of the coasts of the United States
charts for the navigation of the adjacem
Alaska, the Philippine Islands, Hawaii, Per
Islands, and the Canal Zone; interior con;r
netic surveys; tide and current observation^
investigations.
i
Publication of results through charts, coas'
current tables, and special publications.
cation of
ncluding
Virgin
|s; magological
'tables,
BUREAU OF NAVIGAt
ARTHUR J. TTRER, Commisfljf
Superintendence of commercial marine an<
Supervision of registering, enrolling, licit
etc., of vessels under the United States fit
publication of a list of such vessels.
Enforcement of the navigation and s
laws, including imposition of fees, fines, to:
seamen,
jjnbering,
e annual
ijspection
ietc.
STEAMBOAT INSPECTION
DICKERSON N. HOOVER, Supervising
The inspection of merchant vessels, ineldd
and life-saving equipment, licensing of offick ft
fication of able seamen and lifeboat men, anjd
of violations of steamboat inspection laws.
•neral
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rs, hulls,
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UNITED STATES PATENT
THOMAS E. ROBERTSON, Comm
The granting of patents and the reglstrat
prints, and labels after technical examination
ceedings.
!
Maintenance of library with public scare
copies of foreign and United States patents
Recording bills of sale, assignments, etc.,!
and trade-marks. Furnishing copies of r0<o
patents.
Publication of the weekly Official Gazet
ents and trade-marks issued.
0-marks,
" ial proantaining
le-marks.
>! patents
"ning to
.he pat-
RADIO DIVISION!
W. D. TERRELL, Chief
Inspection of radio stations on ships; ins
tions on shore, including broadcasting staf *
operators; assigning station call letters; ei_
the International Radiotelegraphic Conventi
and settling international radio accounts.
adio staog radio
terma of
a mining
@FedFRASER