survey of current business june 1928monthly business indicators, 1920-1928 [ratio charts—see...
TRANSCRIPT
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UNITED STATES DEPARTMENT OF COMMERCE
SURVEY OFCURRENT BUSINESS
C O M P I L E D BY
BUREAU OF THE CENSUSI N C O O P E R A T I O N W I T H
BUREAU OF FOREIGN AND DOMESTIC C O M M E R C E AND BUREAU OF STANDARDS
No. 82 WASHINGTON June, 1928
C O N T E N T SSUMMARIES
PagePreliminary summary for May 1Business conditions in April 4Business indicators (table and charts) 2, 3Wholesale prices (table and charts) 5, 6, 7Indexes of business (production, prices, sales, etc.) 15Automobiles, building, mining, manufacturing, electric
power, and transportation (charts) 8
NEW DETAILED TABLES
Debits to individual accounts at clearing-house centers... 18Interest rates, New York market 21Monetary gold stocks and money in circulation (revised). 22Production of electric power by groups 22Potash salts, France and Germany 22Air mail, weight dispatched 22Wholesale prices by state of manufacture 23Wholesale price, straits tin 23Corn sirup and starch, distribution 23
INDEX BY SUBJECTS
TextilesMetals and metal products-FuelsAutomobiles and rubberHides and leatherPaper and printingBuilding construction and housingLumber productsStone, clay, and glass productsChemicals and oilsFoodstuffs and tobaccoTransportation and public utilitiesEmployment and wagesDistribution movement (trade, advertising, etc.),Banking and financeForeign exchange and trade, gold and silver
rt;e
910111111111212121213145
141414
Tablepage
242630
29,31313234343637394244454547
PRELIMINARY SUMMARY FOR MAYBusiness during the early weeks of May, as reflected
by the volume of checks passing through the banks forpayment, was larger than during the correspondingperiod of 1927. The volume of new building contractsawarded was running higher also than a year ago.Operations in steel plants, although slightly lowerthan in the previous month, recorded higher activitythan in May of last year. Factory employment inDetroit, reflecting conditions in the automobile indus-try, was greater than in either the previous month ofMay, 1927. Loans and discounts of Federal reservemember banks reached a new high point during themonth, while interest rates continued to rise.
The general level of wholesale prices showed but littlechange from the preceding month but was higher thana year ago. Prices for iron and steel were weakerthan in the preceding month or May of last year, whileprices for copper, cotton, and wheat were higher thanin either period.
106764—28 1 (1)
Prices for stocks again reached a new high recordduring the month, while bond prices, reflecting higherinterest rates, exhibited a tendency to decline. Inter-est rates on call loans averaged higher than in eitherthe previous month or the corresponding period of1927, while brokers' loans increased during the monthto the highest point for all time. The Federal reserveratio continued to decline, while rediscount rates weregenerally raised. Business failures were larger innumber than in either the previous month or April oflast year.
The output of lumber was running smaller than ineither the preceding month or May of last year, butbituminous-coal production was higher than in April andshowed but little change from May of last year. Carloadings of freight were running higher than in Aprilbut were still below the level of a year ago. Petroleumproduction continued to decline from both the precedingmonth and the corresponding month of 1927.
MONTHLY BUSINESS INDICATORS, 1920-1928[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 stor<
have been adjusted for normal seasonal variations, and that on manufacturing production for the varying number of working davs in the month]
, 1 1923 I 1924 I 1825 ! 1926 | 8927 1 1928 {923 | S924 | 1925 | 1926 1927 I 1928
1923 I 1924
MONTHLY BUSINESS INDICATORSThe 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 indicatorsmay 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 1927
1923 | 1S24 j 1925 1928 | 1927 Feb. i Mar. Apr. May June July | Aug. Sept. Oct. j Nov. | Dec. Jan. Feb. Mar. Apr
1928
Manufacturing production: |t Total I 102.31
Pig iron j 111.?!Steel ingots j 104.8JAutomobiles | 101.5;Cement i 92. l!Lumber (5 species) j 98.6Cotton (consumption) j 105. 9|Wool (consumption) 112.8;
94.3! 103.8; 106.986.7; 101.5! 109.088.7! 106. 4 j 113.190.9! 107.71 108.5
108.1 110.0105.2
99.!96.289. ?| 104.494.6J 92.6
Raw material output: \Total | 97.Animal products _ . ! 101.0Crops _ | 92.2
j Forest products | 99.2| Minerals (all) j 104.5I Crude petroleum | 99.4I Bituminous coal j 108.0i Copper I 93.4I ! j| Power and construction: ii Electric power j 92. 5jI Building contracts (37 States) ! 89. 7j
Unfilled orders: ' II General index ; 121, 7{; U. S. Steel Corporation | 125, Sj
Stocks: I |* General index ; 88.9J* Miiiifd. commodities (28) ; 86.6;
; Cotton i 102.5?! Copper (refined) 106.4!
101. 5108.589.7
102.4!101. i j
99.9 104.097.8 9i
107.0! 100.8 106.297.51 103.4 97.596. 5J 98. 9J 107.496.91 103. 7| 104.692.5| 99.5J 109.7
100.2J 106.4| 110.2| i
98. l! 109.5 122.692.7: 117.6! 111.0
104.5101.0104.685.7
115.394.9
120.397.0
106.8101.2112.594.7
107.2121.499.4
104.9
133.3106.8
87.0 91.3 84.6J 74.083.6 SO.GI 82.11 71.1
102.2 108.9; 129. 5j 139.6104.1 108. 6 i 109. 41 120.091.4 108. 2! 145. 5J 153.2
113.9 73.1J 64.8J 85.4
Employment:Factories
Prices:Farm products, to producersWholesale, all commoditiesRetail foodCost ofliving (including food)
106.6! 96.3 97.2 98,0! 94.3
97. H J 97.1! 106.6: 98. 6 j 94.999,7J 97.2 102.6 99. l| 95.497.6! 97.6 104.9! 107. 6j 103.698. l! 99.9 102.3 102.3! 99.9
Distribution (values):* Bank debits, 141 cities 91.2: 96.7 111.9 119. 6J 132. 5* Wholesale trade .101.0! 98.0 101.0 9S. 0; 95.0* Department stores, sales : OS. G I 69.0 103.0' ICG. OJ 106.0* Mail-order houses, sales 12.0! 98.0. 110.0 115. OJ 120.0* 10-cent chains, sales S8. 0| 89.0 113. C 125.0; 138.0
Imports 97.8J 93.1 109.0; 114.3; 107.9
1925 monthly average=10Q
108.4! 114.3! 113.4 116.0! 113.498.4| 116.6 114.5 113. si 103.4
110. 3J 131.2 119.4 117.1 101.192.3J 119.5j 122.6 122.4 97.559.4 92.1 HS.Oi 134.4 138.686.01 91.6 91. Oi 101.9
115.097.0
92.985.493.284.3
104.4
135.3! 120.6J 123.3114.5
96.9102.0
92.81 93.6
82.9102.7
84. 7 61.092.2J 94.2
115.3! 96.7110. 6| 122.71 118.2121.41 138.1! 79.6
105. l! 107.8
123.082.6
91.1116.163.1
103.4108.2124.281.2
108.6
131.6
129.195.0
88.1107.362.6
101.6107.6121.484.1
105.4
107.698.892.781.3
140.196. 6
110.984.1
90.297.776.394.3
103.0127.677.299.4
129.5 129.2132. 4i 126.0 111.6| 118.61 102.4
107.698.6
101.293.5
147.4107. 5123.498.1
113.897.6
124.4103.3115.1127.195.7
102.0
105.092.94.678.9
140.8105.8122.2101.6
103.493.295.966.5
138.2101.5119.4103.7
138.1 j 154.494. OJ 102.4
185.5 215.8101.6 98.0
i 113.7109.5122.396.21 101.0
100.0 106.1
88.690.540.7
116.394.4
127.6107.8157.195.7
102.6120.293.3
103.2
133.5 131.7 138.2! 137.1 143.8110.1 101.9 115.o! 106.2! 95.2
91. S40.96.582.9
105. S88. C
107.7106.0115.887.98. G
120.794.8
101.9
88.796.1
115.470.278.679.6
113.595.2
109.097.1
117.098.170.890.6
111.8102.0
111.3107.1130.4125.282,3
113.398.7
114.2106.6124.5124.2108.4
102.382.0
81.5| 81.2; 77.2! 74.3| 72.2! 72. l| 71.5| 69.9 67.0| 67. l| 71.75.3! 74.4j 72.4J 63.9! 63.9J 65.8! 66.9J 65.9 70. Oi 72.4! 83.
142.6! 136.1 129.1! 134.6 132.8| 141.4: 152.7 145. 8j 140.1! 140.9! 139.3115.6! 115.1; 115.5J 118.0 116. 9^ 121.3. 127.9! 127.9! 125.2 120. 9J 116.9196.2! 172. l! 148.2! 124. o j 100. s| 85.8! 87. 6J 135.2! 179.8! 200. 0| 195.893.1! 91. l! 87.7! 95.5 85.1 92.2^ 82.7! 76.4! 74.1! 80.3| 84.2
eV.O 97.4 96.6| 65.6i 95.0 93. i j 93.2: 93.8 93,4 91.61 C
92.0 91.3 90.6 91. 3! 94.2 94.2j 95.7; 101.4| 100.71 99.31 S95.0 93.7; 92.9' 92. Pi 93.0; 63.3! 94.4, 95.6! 96. l| 95.8J 95.9
104.2: 102.9 102.9: 103 6! 106.21 102.9! 101.6! 102.9 104. 3i 104.9! 104.2100.5. 99.9 99.9 99.9! 100.5 98.7 98.7! 99.3i 99.9! 99.9: 99.9
132.3, 136.6! 134.3! 127. 7 j 129.7 127.8 137.6! 141. 0; 130.7' 132.1| 136.695.0 96.0! 64.0! 95. OJ 93.0 95.0| 100.0! 66.0| 91.0| 05.0 93.0
106.0 105.0 105.0! 103.0! 104.0! 103.0; 111. OJ 109,0112.0; 117.0 113.0! 118.0! 121.0 127. Oj 133.0| 122.0133.0 128. O! 137. OJ 132. OJ 135.0 139. O! 140.0! 141.096.2! 117. l! 116.3! 107.3 109.91 98.9\ 114.2 105.9
Exports 91.51 100.8 107.8! 105.5; 106.8J 98.2J 107.7J 109.4J 103.5 94.0J 90.1J 98.?! 112.0
Transportation:* Car loadings j 99.8
Freight, net ton-miles... .! 102.2
Finance:Member bank loans and discounts.Interest rate (commercial paper)..Federal reserve ratioPrice, corporation bondsPrice, railroad stocksPrice, industrial stocks.._ __Failures (liabilities) _
94.1115.999.096.486.086.1
106.0
97.6 102.895.9; 101.9
98.5; 107.490.8 93.4
104.1 96.999.9! 103.6
106. Sj 104.0109.11 101.5
112. 9| 117.398. 5J 93.196. OJ 99.1
108. OJ 112.596.l' H7.9 133.4! 162.791.9! 122. o| 132.4: 171.4
106.8! 87.21 80.4 102.3
107.8! 135-399. S 112.1
86. 1; 108.8! 102'6 102'799.4! 107.5 103.1! 102.9
114. l! 114.6! 114.6 116.7! 117.5 115.789. 9j 92.9! 95.2
101. 71 102.1! 103.95.999.5
112.1110.6J 111.2! 111.9151. i j 152.4! 158.31 162.4144. 7| 150. 8J 159.8 167.6110.7! 136.5 125.4 89.1
95.9 94.5100.5 103.2111.2! 111.4165.3! 167.3
112.5! 115.1
117.390.6
101.4112.9167.9
168.881.3
177.3 183.7101.8 92.4
105.0! 107.0! 111.0117.0! 118. O1 1280144. OJ 140. 0! 147.0110.1! 1GS. 6J 102.5128.7 121.4! 107.4
101.3! 95.21 96.8122.1! 99.8 92,7
119.3 120.092.296.4
113.4171.5193.977.3
114.4168.5186.485.5
121.4 123.291.0 92.292 2 86. 5
114.9 115.6171.6 171.1190.0 193.785.3 120.9
97.1101.094.683.199.5
117.8101.5103.8
144.996.0
90. 8! 94. 598. 2i 104.684.7! 84.189.11 93.194. OJ 100.4
110.9! 122.294.9; 100.9
102.21 106.6
137.0 144.2103.7! 132.7
81.2!89.5
81.692. 1
80.390.8
137.0! 144.4 137.1126. si 125.2; 122.3178.8 159. l! 135.785. 2 76. 8! 77.1
i i
89.8.1 91.2 91.8
99.3! 97.8: 99.395.4! 95.oi 95.1
103.6J 101.3; 101.299.2 98.4: 98.1
142.1: 149.6; 164.895.1 97.0 92.8
105.0| 105.0J 105.0113.0 116.0j 113.0140.0 142.0! 142.0104. G! 108. 7J 117.108.2 97. 8J 110.8
98.0 101.8! 129.097.2 95. 7 j 105.8
121.990.195.5
115.9169.1193.5112.3
120.9! 123.393. 6 97.396. OJ 95. 6
115.8! 115.7164. 7| 170.1191.21 204.8106. 3| 129.3
81.9102. 2J61. OJ94.393.2
117.573.9
105.0
136.5j142.4J
73.7!81.11
135. 7j121.71117.8!64.4:
91.4!
101.4!96.5;
101.6!97. 9J
161.589.3 i
103. 0117.0147.0106.896.9
127.3100.190.9
115.9176.0210.482.5
t Adjusted for cumber of working days. * Seasonal adjustments.
BUSINESS CONDITIONS IN APRILPRODUCTION
The production of raw materials in April wassmaller than in either the previous month or Aprilof last year. Manufacturing output, after adjust-ments for differences in working time, however,showed increases over both prior periods. Chemicalsand oils and stone and clay products increased inproduction over March, all other groups showingdeclines, if no allowance for differences in workingtime were made. Contrasted with a year ago, theunadjusted index showed larger output of foodstuffs,
SALES
The index of unfilled orders for manufactured com-modities declined from the previous month but gainedover last year. All groups showed declines fromMarch, while iron and steel alone had larger unfilledorders than at the end of April than last year.
Wholesale trade was smaller in April than in March,recording a decline also from a year ago. As comparedwith both the preceding month and April of last year,all lines of wholesale trade showed declines, except meatsand drugs, which registered larger sales volumes than in
PRODUCTION, STOCKS, AND UNFILLED ORDERS FOR MANUFACTURED COMMODITIES1923-1925 monthly average=lGO. Adjustment has been made for the seasonal movement of stocks and relative number of working days for production. Unfilled orders
are principally those of iron, steel, building materials, and textiles. April, 1928, is latest month plotted]
140
1923 1924 1925 1926 1927 1928
iron and steel, lumber, and chemicals and oils, othergroups declining.
COMMODITY STOCKS
Stocks of commodities held at the end of April,after adjustment for seasonal variations, were smallerthan at the end of the previous month, but largerthan a year ago. Compared with March, declines inthe holdings of raw materials other than foodstuffsand manufactured commodities more than offsetincreases in the holdings of foodstuffs, both raw andmanufactured. Contrasted with a year ago, all groupsshowed larger holdings except raw materials otherthan foodstuffs.
April, 1927. Retail trade in April, as measured by de-partment store sales, after adjustments for seasonal vari-ations, showed declines from both the preceding monthand April of last year. Merchandise stocks held bydepartment stores at the end of April, although greaterthan at the end of the preceding month, were smallerthan a year ago. Sales by mail-order houses were alsolower in volume than in either the preceding month orApril, 1927, but 10-pent chain store business, althoughshowing no change from a year ago, recorded an advanceover the previous month. Sales by grocery, drug andcigar chains were lower than in March, but as com-pared with a year ago, grocery and drug chainsshowed larger business, while cigar chains recordeda decline. Shoe and candy chains showed largerbusiness than in March but declined from last year.
PRICES
The general index of wholesale prices recorded anadvance over the previous month and over April oflast year. Compared with March the principalincreases occurred in prices for farm products, foods,hides and leather products, and building materials,the remaining groups either showing no change ordeclining. Contrasted with a year ago, increasedprices for farm products, hides and leather products,foods, and textile products were more than sufficientto offset declines in fuel and lighting, building materials,chemicals, and sundry miscellaneous items.
The index of prices received by farmers for theirproduce also showed gains over both the preceding
paper and printing, and tobacco factories were morethan sufficient to offset increased employment inlumber, stone, clay and glass, nonferrous metal, andvehicle factories. Contrasted with a year ago, em-ployment was lower in all groups, with the greatestdeclines occurring in iron and steel, stone, clay andglass, leather and textile factories. Factory pay-rollpayments in April were likewise smaller than inMarch, registering declines as well from April, 1927.Smaller pay-roll payments than in March were re-corded in all industrial groups except lumber, stone,clay and glass, nonferrous metals, and vehicles, whileas compared with last year all groups showed smallerpayments, with the greatest declines occurring inleather, textiles and stone, clay and glass.
WHOLESALE PRICE COMPARISONS, BY GROUPS[April, 1928, is latest month plotted, 1926 monthly average=100]
120
•.;<-METALS. AND METAL PRODUCTS
80
month and April of last year. Compared with theprevious month, all groups showed higher pricesexcept dairy and poultry products and certain un-classified items, while as contrasted with April, 1927,all groups showed higher prices except meat animals.Retail food costs were higher than in March butlower than a year ago, but the general index of costof living, despite the increase in food costs, showedno change from the previous month, because of de-clines in prices for clothing, fuel, and shelter. Ascompared with a year ago, the cost of living was lower,all items showing declines from April, 1927.
EMPLOYMENT
The general index of factory employment in Aprilwas lower than in March, reporting a decline alsofrom April, 1927. As compared with March, declinesin the number of employees in food, textile, leather,
Reports from the American Federation of Laborshow 16 per cent of union members in representativecities out of employment in April, compared with18 per cent reported for March. Preliminary figuresfor May show a still further decline. Voluntary quitsof factory labor in April were greater than in March,but lower than a year ago. Industrial lay-offs weregreater than in the previous month but declined fromApril of last year. Industrial accessions during Aprilshowed a gain over the preceding month but werelower than in the corresponding period of 1927. Wagesof common labor averaged higher than in either theprevious month or April of last year. The number ofapplicants per job at employment agencies declinedfrom March but were larger than in April a yearearlier. Employment in anthracite mines, althoughshowing a gain over the previous month, was lowerthan a year ago, while pay-roll payments in anthracitemines showed declines from both periods.
6
WHOLESALE PRICES FOR SPECIFIED COMMODITIES[Relative numbers, 1926 monthly average taken as 100. April, 1928, is latest month plotted. Data from which these charts are drawn are given on the opposite page]
160
!40
120
soo80
ISO
ISO
140
120
10080
60
120
100
80
60
140
120
100
190
160
130
10070
ISO
S40
10060
J20
100
80
60
120
300
80
602
WHEAT, WINTER
—
rff
-*&/
_
'-Lj'8]*"
—
•• ..,
—
I
— —
"J"t"CATTLE .STEERS
S_ —k.^^*;
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^
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-
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-
SUGAR, RAW
-.}...
COTTON, RAW
«•**^^
> •• *• *
•''
• •
WORSTED YARNS
•^
__
—
-
i
LEATHER, CHROME CALF
-x«n •nan
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1
IRON , FouND RY
STEEL BEAMS
*v* ***—
FLOUR, WINTER
F f
/. .-
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BEEF, CARCASS
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SUGAR, GRANULATED1
COTTON YARN
anotf ESS!
09••' * *
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SILK, RAW
»...
PETROLEUM
BBl
COP PEF^ !NGOTS
LUMBER, PINE, FLOORING
i g iii I H 1 § li i i 1 1 i 1 )192
• • . » a 4 »
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X
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CORN, NO. 2
i '
—
%
1HOGS, HEAVY
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—
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—
i
i
i
OATS
x•X^— —
i
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•-.|..|....T-f.|..t..J.-
|
HAMS, SMOKED
, ,»*•» r' " *.,
COTTONSEED OIL
•V ^#J
\"1
"-... ... •• •,(
COTTON PRINT CLOTH
—
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Sasa
'* *
•*
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HIDES, PACKERS
S,
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BITUMINOUS COAL
^
TIN
j
—_
CEMENT
,4-
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—
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WOOL, % BLOOD COMBING
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LEATHER, SOLE, OAK
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• *
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—
BRICK, COMMON,
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ij I s 1 1 \i i § i i i i 1 i 1 1 i 1 1 i i §
WHOLESALE PRICES FOR SPECIFIED COMMODITIESNOTE.—Prices to producer on farm products and market price of wool are from U. S. Department oj Agriculture, Bureau of Agricultural Economics, nonferrous metals
from the Engineering and Minino Journal-Press, exoept tin, which is from the American Metal Market. All other prices are from U. S. Department of Labor, Bureau ofLfibor Statistics. So far as possible all quotations represent prices to producer or at mill.
COMMODITIES
;| i
i , ACTUAL PRICE! (dollars) '
Unit ! !
RELATIVE PBICB
1926 averag8*=100
April ,1923
March,1923
April,1928
March, i April,1927 ; 1927
FARM PRODUCTS—AVERAGE PEJCE TO PRODUCER
WheatCorn ...Potatoes .CottonCottonseed - - - -Cattle, bpof - .HogsLambs _ .
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)
Cotton, middling upland (New York) _Wool, % blood combing, Ohio and Pennsylvania fleeces (Boston)Cattle steers, g ood to choice, corn fed (Chicago)Hogs, heavy (C.hicago)Sheep ewes (Chciago)Sheep, lambs (Chicago) . -
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)..
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, sergeSuitings unfinished worsted — 13 ounce, millSuitings, serge, 11 ounce, 56-58 inch .Silk, Japan, 13-15Hosiery, 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
Coal, bituminous, mine-run (composite price)Coal, bituminous, prepared sizes (composite price) . .Coal, anthracite, chestnut (composite price)Coke, Connellsville (range of prompt and future) furnace— at ovens. ..Petroleum, crude, Kansas-Oklahoma — at wells . .
METALS
Pig iron, foundry No. 2, northern (Pittsburgh) _Pig iron, basic, valley furnaceSteel 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, Para Island, fine (New York)Sulphuric acid 66° (New York)Wood pulp, sulphite, domestic, unbleached, news grade (New York)..Newsprint, rolls, contract, mill
Busheli Bushel....i Bushel! Pound ,_
TonPoundPoundPound
BushelBushel
1 BushelBushel....BushelBushel . .Cwt
i Pound ._PoundCwtCwt .CwtCwt . _.
BarrelBarrel ...
i PoundPound
, PoundPoundPound ..PoundPoundPound
PoundYardYardPoundYard . ..YardYardPoundDozen pair_
PoundPound. ..Square foot.PoundPairPair ,
Net tonNet ton .Long ton...Short ton.-Barrel
Long ton...Long ton...Long tonPoundPoundPoundPoundPound
M feetThousand „
Barrel.CwtPoundTonCwt 1Cwt
1. 216. 862
1.132.178
37. 77.0881.0748. 1231
1. 3151. 619.991.607.991
1. 20212.467
. 195i .52i 13. 719! 7. 825i 8. 406
15. 375
1 7. 538i 6. 880
.045
.057
.096
.205
.221
.207
.49
.235
.366
.076
.0921.5251.0252.0082.0955. 194
10. 290
.237
.269
.600
.6506.7505. 000
4.0444.410
13. 2072.7191.190
19. 01017.00033. 000
.1385
.188
.0600
. 5218
.0562
35.6913. 250
1.6001.900.204
15. 5002.5253. 250
1. 292i .919
1. 168. 187
39. 40.0892. 0775. 1271
1.4171.8121.033
i .646i 1.011i 1. 266' 12. 735
. 203
.5313. 3409.0858.900
15. 975
8.1137. 556.045.058.099.200.222.201.45.215
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10. 290
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4. 0164.249
12. 7942.7441.190
19. 01017. 00033.000
.1399
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. 5236
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35.7413. 50
1.6001.900.183
15. 5002. 5253.250
1. 17'J.Gob
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25. 80.0713.1041. 1197
1. 3411.336. 735.477.826
1.0316. 490
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15. 813
7.2506.580.048.058.091.170.187.268.50.215
.312
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.0811. 350.975
1.913 i2. 048 !6.125
11. 270
i
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20. 26019. 000 |33. 250 i
. 1281
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39.5616. 50 :
1.600 •1. 900. 274
15. 000 | :2. 750 I !3. 250 j
8210012513413911722810611315565124110
92981027812913568104103
1011031021059797978585
176168132148106102
9494
66664
9292941009975
8082
97
62107
90123611181391366: 510(3
8510513114114312614711111314463128112
90951041048112513067109103
1021019910699100978485
169155132148106102
949296663
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7981
9797541078894
961236312414513866110
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i 135! 117
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108 !99 l
100 !97 !87 i85
183170132 i149106 !102 j
938993 |6763
1
929294101997280 !78
79 !82
9797 :
481078894
909368839410692100
888796113112105124829612589121110
8791110106801041038811394
87 j92 I87 i969495959393
88102
10099
9998978971
9795979010691
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9797751039694
879468829511088104
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91111106771041098711194
87908794949595
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9485
10295939685104
100
9797
1039694
8NEW 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]
1920 ] 1921 1922 j 1923 (924 1925 1926 1927 1928
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 were smaller in April thanin either the previous month or the same month of lastyear, with imports making similar comparisons withboth prior periods. Consumption of wool by textilemills decreased from both the preceding month and thesame month of last year, with the total for the first fourmonths of the year also smaller than in the same periodof 1927. Machinery activity in woolen mills was corre-spondingly lower in April than in either prior period.
Cotton finishers reported smaller billings, neworders, and shipments than in the preceding month,each of these items declining also from a year ago.Operating activity of cotton finishers in April was like-wise smaller than in either prior period. Stocks offinished goods, however, were larger than in eitherthe previous month or the same month of last year.Unfilled orders on the books of cotton finishers at theend of April were lower than at the end of either theprevious month or the same month of 1927.
THE TEXTILE INDUSTRIES(Relative numbers, monthly average 1923-1925, taken as 100. April, 1928, is latest month plotted. Curves covering imports of wool and exports of cotton are plotted from
12 months' moving monthly averages plotted on the end month]
1923 1923 1924 1925 1926 1927 1928
1923 1924 1925 1926i i i 1 1 1 1 M 1 1 1 1 1 1 1 M 1 1 i 1 1 1 1 i t 1 1 1 1 1 11923 1924 1925 1928
Raw-cotton exports showed declines from bothprior periods, while consumption of cotton by textilemills was likewise smaller than in either the previousmonth or the same month of last year. Stocks ofcotton held at the end of April, both at mills and inpublic storage, were substantially lower than a yearago. Prices for cotton, both to the producer and atwholesale, averaged higher than in either prior period.
Cotton machinery was less active in April, relative toplant capacity, than in either the previous month or April,1927. The production, new orders and shipments ofcotton textiles were lower than in March. Prices of cot-ton yarns and fabrics showed little change from the pre-vious month but were higher than in April of last year.
106764—28 2
Imports of raw silk in April were smaller than inMarch, but larger than a year ago, while for the firstfour months the total importation also recorded anadvance over the same period of 1927. Deliveries ofsilk to consuming establishments showed declinesfrom both prior periods but for the first four monthsthe total was larger than in the same period of 1927.Stocks of silk were generally larger than a year ago.Prices for silk, averaging higher than in the precedingmonth, were lower than a year ago. Imports of rayonwere smaller than in either the previous month orthe same month of last year, while rayon pricesshowed no change from either period.
10
METALS
Iron-ore consumption and stocks in April weresmaller than in either the previous month or April ayear ago. Fewer pig-iron furnaces were in blast atthe end of the month than for either prior period, theratio of operations to capacit}^ also declining. Theproduction of pig iron in April was smaller than ineither the previous month or in April, 1927, the firstfour months of the year also recording a decline from1927. Wholesale prices for iron showed practicallyno change from the previous month but were gen-erally lower than a year ago.
larger than a year ago. Both production and neworders for the first four months were smaller than ayear ago. New orders for fabricated structural steelshowed declines from both prior periods, while ship-ments in April were greater than in either the previousmonth or April of last year. For the first four monthsof the year new orders and shipments of structuralsteel were larger than in the same period of last year.
Production and exports of copper were smaller thanin either the previous month or the same month oflast year. Stocks of refined copper in North and SouthAmerica were likewise lower than in either prior
THE METAL INDUSTRIES[Relative numbers, monthly average 1923-1925, taken as 100. April, 1928, is latest month plotted. Curve covering zinc stocks is plotted from 12 months' moving monthly
averages plotted on the end month]
1923 1924 1925.1 I I Lu 1 I I ! jJ
1926 !927 1928 1923
1923 1924 1925 1926 1927 1928 1923 1924 1925 1926 1927 1928
The output of steel ingots, although lower than inMarch, was greater than a year ago, both for Apriland for the first four months. Unfilled steel ordersat the end of April were lower than at the end of theprevious month but larger than a year ago. Theoutput of steel sheets by independent manufacturersshowed a decline from March but was larger than ayear ago, while the operating ratio to capacity de-clined from both periods. Stocks of steel sheets atthe end of April were lower than at the end of eitherthe previous month or April, 1927.
The output of steel castings registered declines fromboth the previous month and April of last year, whilenew orders, declining from the previous month, were
period. Wholesale prices for copper averaged higherthan in March, being higher also than a year ago.
Imports of tin were larger than in either the previousmonth or April, 1927. The world visible supply of tinand deliveries to domestic consuming establishmentswere smaller than in March but greater than a yearago. More zinc retorts were in operation at the endof April than at the end of the preceding month butfewer than a year ago. Zinc production, althoughlower than in the previous month, was greater thana year ago, while zinc stocks showed gains over bothprior periods. Lead production showed declines fromboth prior periods. Prices of tin, zinc, and lead averagedhigher than in March but were lower than a vear ago.
11FUELS
The production of bituminous coal was smaller thanin either the previous month or April of last year.Prices for bituminous at the mines, showing littlechange from the previous month, were lower than lastyear. The production of anthracite coal, althoughgreater than in March, was smaller than a year ago,with the total for the first four months also showing adecline from last year. Prices for anthracite, both atwholesale and retail, averaged lower than in March;but retail prices were slightly higher than in April oflast year. The output of coke was smaller than ineither the previous month or April, 1927. Coke prices,averaging higher than in the previous month, were con-siderably lower than a year ago.
HIDES AND LEATHER
Imports of hides and skins, although lower than inthe previous month, were substantially larger than ayear ago, while the production of hides, as reflectedby the slaughter of cattle, was smaller than in eitherprior period. Production of sole leather showed de-clines from both the previous month and the samemonth of last year, exports of upper leather beingsmaller than in either prior periods, with sole-leatherexports making similar comparisons. Prices forleather continued to average higher as compared withboth the previous month and April of last year. Theoutput of shoes was larger than a year ago, while ex-ports of shoes showed declines from both the previousmonth and April of last year.
THE AUTOMOBILE AND RUBBER INDUSTRIES[Relative numbers, monthly average 1923-1925 taken as 100. Where available, April, 1928, is latest month plotted]
1928 1921 1922 1923 1924 1927 1928
300'
1921. __
1922 1923 1924 1925 1926 1927 IS28n i l * id M| 1 1 i, i
PNEUI
ii in h ih
1ATI
nliiJjulLLll l l l l l l l l l l l l l l l l l l l l l l l l
1921 1922 1923 1924 1925 1926 1927 1928
AUTOMOBILES
The production of automobiles in April was smallerthan in March but larger than a year ago, the total forthe first four months also showing a gain over the sameperiod of last year. Exports of automobiles weresmaller than in either prior period, but for the firstfour months were greater than in 1927. Shipments ofaccessories and parts, .both as original equipment andfor replacement, were smaller than in March, but largerthan in April of last year, while the production of rimsshowed the same comparisons.
PAPER AND PRINTING
The production of newsprint paper showed de-clines from both the previous month and the corre-sponding month of 1927, while the Canadian output ofnewsprint, although lower than in March, was greaterthan a year ago. For the first four months of theyear, domestic production of newsprint was sub-stantially lower, while Canadian production wasgreater than in the corresponding period of last year.Imports of newsprint declined from March but wereconsiderably larger than a year ago. Imports of wood
12
pulp, both chemical and mechanical, showed declinesfrom both the preceding month and last year, but forthe first four months of the year each showed gainsover the same period of 1927.
BUILDING
New contracts awarded for building construction,measured both in floor space and value, showed gainsover both the preceding month and April of last year.For the first four months of the year floor space of newawards was 13 per cent larger than a year ago, while,measured in value, new awards showed a gain over thesame period of 6 per cent. Building costs in April showedlittle change from the preceding month but were gener-ally lower than a year ago. Fire losses were smaller thanin either the preceding month or April of last year.
STONE AND CLAY PRODUCTS
The production, shipments, and unfilled orders offace brick were smaller than in April, 1927, with pro-duction also declining from March. Stocks werelower than at the end of March but higher than ayear ago. Prices for common brick, averaging higherthan in March, were lower than a year ago. Neworders for terra cotta were smaller than in either theprevious month or in April, 1927. New orders forvitreous-china plumbing fixtures declined from Marchbut increased over last year, unfilled orders showinga considerable gain. Production and shipments ofPortland cement were greater than in March butsmaller than a year ago, while the output of plateglass declined from both prior comparative periods.
THE LEATHER INDUSTRIES[Relative numbers, monthly average 1923-1925, taken as 100. Where available, April, 1928, is latest month plotted]
1923 1924 1925 1926 1927 !928 1923
100
1923 1924 1925 1926 1927 1928 1923 1924 1925 1926 1927 1928
LUMBER AND LUMBER PRODUCTS
The output of lumber was larger than a year ago,most of the principal species showing gains for Apriland for the first four months. Shipments of Douglasfir and California redwood were lower than last year,while southern pine and California white pine hadlarger shipments. Lumber prices showed declinesfrom the previous month in hardwoods and gains insoftwoods. Prices for both hardwoods and softwoodswere generally lower than a year ago. Productionand shipments of maple flooring were smaller than ayear ago, while for oak flooring these items increased.
CHEMICALSImports of nitrate of soda, while smaller than in
March, were larger than a year ago, while exportsof sulphuric acid and fertilizer showed the reversesituation. Imports of potash were larger than ineither prior period. Consumption of fertilizer inSouthern States was smaller than a year ago. Ex-ports of vegetables dyes declined from both priorperiods, while exports of coal-tar dyes and dyestuffsshowed gains. Chemical prices showed no changefrom either the previous month or April, 1927, whileprices for oils and fats, averaging higher than inMarch, \vere generally lower than a year ago.
13
FOODSTUFFS AND TOBACCO
The visible supply of wheat at the end of April wassubstantially greater than a year ago, as were receipts,while shipments and exports declined. Wholesaleprices continued to show gains over both the previousmonth and the corresponding month of 1927. Thevisible supply was smaller than a year ago but re-ceipts and shipments were much larger. Corn pricesaveraged higher than in either peiiod. Total ex-ports of grain declined from both the preceding monthand the corresponding period a year ago.
Receipts of cattle at primary markets were largerthan in either the previous month or April of last year,while slaughter, although larger than in March, waslower than a year ago. Storage holdings and exports
The factory output of butter was greater than inMarch and smaller than a year ago, while butterreceipts declined from both periods. Storage hold-ings of creamery butter were considerably in excessof those held at the end of April, 1927. The whole-sale price of butter averaged lower than in eitherperiod. Production, stocks, and receipts of cheesewere smaller than a year ago. Wholesale prices ofcheese, averaging lower than in the previous month,showed practically no change from a year ago. Re-ceipts of eggs were smaller than last year, as werestorage holdings.
Imports of sugar were larger than in April, 1927,while meltings in April showed declines from boththe preceding month and April of last year. Refinery
THE FOODSTUFFS INDUSTRIES[Relative numbers, monthly average 1923-1925, taken as 100. April, 1928, is latest month plotted]
1923 1924_
1925 1926 1927 / 1928 1923 1924 1925 1926 1927 1928
1923 1925 1926 1927 1928 1924 1925 1926 1927 1928
of beef products were lower than a year ago. Whole-sale prices of cattle and beef, although generallylower than in the previous month, were considerablyhigher than in April, 1927. Receipts and slaughterof hogs were greater than a year ago. Storage hold-ings of pork products were considerably larger thana year ago, while exports were smaller. Prices forhogs and pork products, averaging higher than inMarch, were generally lower than in April of lastyear. Receipts and slaughter of sheep and storageholdings of mutton and lamb were greater than ayear ago. Prices for sheep and lamb averaged higherthan in either the previous month or April of lastyear.
stocks of raw sugar at the end of April were consider-ably larger than a year ago. Prices of sugar weregenerally lower than a year ago. Imports of bothcoffee and tea were smaller than in either the previousmonth or April, 1927.
The consumption of cigarettes was smaller than ineither the previous month or April of last year, butfor the four months cigarette consumption was con-siderably larger than in the same period of 1927.Cigarette exports were considerably larger than ineither prior period. Consumption of cigars declinedfrom both periods, with a decline of almost 5 per centfor the first four months. Wholesale prices of leaftobacco averaged higher than in either period.
14
TRANSPORTATION
Carloadings of freight were lower than in April,1927, all groups declining except grain and grainproducts. More surplus freight cars were availableat the end of April than a year ago. Clearances ofvessels engaged in foreign trade showed smaller ton-nages than in either the preceding month or a yearago. Merchandise-warehouse space at the end ofMarch was 69 per cent filled as against 70 per cent atthe end of February.
DISTRIBUTION MOVEMENT
Postal receipts were smaller than in either the pre-ceding month or April of last year, but the total forthe first four months showed a gain over 1927. News-
Interest rates on call loans, time loans, and primecommercial paper averaged higher than in either theprevious month or April of last year. Loans tobrokers and dealers continued to increase while divi-dend and interest payments scheduled for May weresmaller than a year ago. Business failures showedsmaller liabilities than in either the previous monthor April, 1927. New sales of ordinary life insurancewere smaller than in either prior period.
GOLD, SILVER, FOREIGN EXCHANGE AND TRADE
Receipts of gold at the mint were smaller than atthe end of either the preceding month or April of lastyear. Imports of gold, although larger than in March,
BUSINESS FAILURES
[Actual number of failures, by lines, plotted as 12 months' moving monthly averages on the end month]
I l l M l l l l l l l l l l l l l l l l M l . l l M l l l l M
1923 1924 1925 1926 1927 1928
\ GROCERIES AND MEATS __,'
_J^x i ^Jr'i ^-
1923 1924 1925 1926 1927 1928
1923 1924 1925 1926 1927 1928
TRADERS
M I I I I 1 , 1 I I I i I I I ! I I I I I I I1923 1924 1925 1926 1927 1928
paper advertising, although larger than in March, wassmaller than a year ago. Sales of mail-order housesand 10-cent chains declined from both periods, duelargely to the influence of earlier Easter.
BANKING AND FINANCE
The volume of check payments, both in and outsideof New York City, although smaller than in the previ-ous month, was greater than a year ago. Loans anddiscounts of Federal reserve member banks showedgains over both periods. Bills discounted by memberbanks with the Federal reserve banks continued toshow gains over both periods. The reserve ratio waslower than in either the preceding month or April oflast year.
were considerably smaller than a year ago, but goldexports were almost fifty times as large, making a goldexport balance as against an import balance a yearearlier. Silver production was smaller than in eitherprior period.
Exchange on the principal foreign countries showedlittle change from the preceding month, but as com-pared with a year ago, most currencies were higher,the principal exceptions being Japanese yen and theCanadian dollar. Imports of merchandise into theUnited States were smaller in value than in either theprevious month or April, 1927. Merchandise exportsalso declined from both the previous month andApril, 1927.
15
INDEXES OF BUSINESSThe 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 relativenumbers; often the individual relative numbers are also given. The function of index and relative numbersis explained on the inside front cover. Many of the index numbers have been reworked to a comparable basison the average of the years 1923 to 1925, while maxima and minima are given only since 1923, except on thispage, thus eliminating the abnormal period prior to 1923. Other index numbers will be revised on the 1923to 1925 base as soon as the limited printing appropriations will allow their presentation in complete form.
Maxi- I Mini- ;mum mumsince ; since
i Jan. 1. Jan. 1, !1920 • 1920
PRODUCTION
i (Relative to 1919 monthly average as 100)
; RAW MATERIALS
Grand total
MINERALS
TotalPetroleumBituminous coal _ _Anthracite coalIron ore*Coppervyv^oj.
Lead _ _ _ _ _ _ _ _Zinc _ _ _- -- -
i GoldSilver _ _ _ _ _
I 1NIMAL PRODUCTS (marketings)
Total -- -- -! Wool* _ _ --- -
Cattle and calvesi Hogs _
Sheep - -Eggs*
! Poultry -.i Fish! Milk (New York)
CROPS (marketings)Total
Grains*Vegetables* _ «Fruits* .-_Cotton products*Miscellaneous crops*
FOREST PRODUCTS
TotalLumberPulp wood _ _Gum (rosin and turpentine) *Distilled wood „ ._
MANUFACTURING
Grand total (adjusted for working davs)' Grand total (unadjusted)..
Foodstuffsi Textiles _ _ _
Iron and steelLumberLeather -Paper and printingChemicals, oils, etc _Stone and clav productsMetals, excepting iron and steelTobacco
1 Miscellaneous _ _ _ _ _ _
ISO ;
105256155122273152193149131145
138314143177153245390192190
246242254405346170
136137164356149
138142135133152166115127211190195147164
73 i
621054100
1778385780
801958645430214594
494358501218
6159512024
71687754325763699269717037
Febru-ary '
108
13721513680
013717113667
105
993676
! 8966
! 9996
! 112| 132
i 103j 89! 119! 941 118| 100
10310790
! 42100
129119
9411312612786
10617690
, 150107
. 126
!!,*7
March
113
15223915583
013719314175
108
1184885
10169
16880
165151
9372
15595
11761
11211510866
110
13614111013315013898
116190138170127159
April
96
137230
S907M)
14119013070
100
11953828466
23071
118145
6752
1501187423
115110129189101
13513510811513812992
113183144166120161
1928
Febru- ;ary 1
108
134216 ;10670
0 i13417813273
; 95
1133674
14174
111105
! 109139
93! 1251 148! 67i 59
62
1 104! 109
; 2293
1301251191121331309198
17699
1 144! 116| 127i
March
110
13523011375
()13918014869
113
1213071
12467
17192
163152
93130156676225
11311711142
105
13313912811215214199
105185117163128156
| PER CENT LN'CREASE (+), ! O K D K f K E A S P J (— )
April
94
120229
83 ;95o
137156141 !6096
11740 !82 !9370 i
19481
141146
6776
124775916
11411312012993
13913311599
14413986
103196130157115155
Apiil, 1D2S.from A J arch,
1! i\s
- 14. 5
-11. 1+ 3. 8
-20. 5+ 26. 7
0. 0— 1. 4
-13. 3-4. 7-4. 3
-15. 0
3 0
i 97 o\- £ ( . o+ 15. 5-25. 0+ 4. 5
+ 13. 5O Q
13. 5-3. 9
-28.0-41.5-20. 5+ 14. 9
4.8-36. 0
1+ 0.9-3.4+ 8. 1
+ 207. 1-11. 4
+ 4.5-4.3
! -10.2i -11.6
5. 3-1. 4
-13.1-1. 9
i +5. 9: +16.2
-3.7-10.2-0. 6
April, 1928,from April,
1927
-2.1
5.5+ 0. 4— 6. 7-2. 1
-40. 0o q
-17.9+ 3.7— 5. 7
/j n
-1.7-13. 2
0. 0+ 10.7+ 6. 1
-15. 7+ 14. 1+ 19.5+ 0.7
0.0+ 46.2-17.3-34.7-20. 3
30. 4
-0.9+ 2.7-7. 0
-31.7-7.9
+ 3.0-1.5+ 6. 5
— 13. 9+ 4.3+ 7. 8
6. 58. 8
+ 7. 1-5. 6-5. 4
4. 2-3.7
Fluctuations between maximum and minimum due largely to seasonal conditions.
16
INDEXES OF BUSINESS—Continued
STOCKS(Relative to 1923-1925 monthly average as 100)
(Corrected for seasonal variation)
TotalRaw foodstuffsRaw materials for manufactureManufactured foodstuffsOther manufactured commodities
(Unadjusted index)
TotalRaw foodstuffsRaw materials for manufactureManufactured foodstuffsOther manufactured commodities
UNFILLED ORDERS(Relative to 1923-1625 monthly average as 100)
TotalTextilesIron and steelVehiclesLumber
WHOLESALE TRADE(Relative to 1923-1925 monthly average as 100)
Grand total all classesGroceriesM^eatsDry goodsMen's clothingWomen's clothingBoots and shoesHardwareDrugsFurniture
RETAIL TRADE(Relative to 1923-1925 monthly average as 100)
MAIL-ORDER HOUSES (4 houses) fCHAIN STORES :f
Ten-centGrocery^Vearing apparelDrugC/ierarCandyShoe
DEPARTMENT STORES: *SalesStocks
EMPLOYMENT(Relative to 1923-1925 monthly average as 100)
Number employed, by industries:Total, all classes
Food productsTextilesIron and steelLumberLeatherPaper and printingChemicalsStone clay and glassMetal products other than iron and
steelTobacco productsVehicles *Miscellaneous
Maxi-mumsince
Jan. 1,1923
153222170119139
150198196132136
157154157204142
124119125128167188128118125129
156
250224350169160161163
186117
109112114114107112106111107
110108110115
Mini-mumsince
Jan. 1,1923
8472718473
77606479 J
74
6762665356
82868771432668828872
64
62774782797055
7183
909085878088978885
87828286
1927
Febru-ary
14317815684
127
14719315385
128
8291769180
9181
10788
1289585829496
101
10414811412999
10384
8397
979297998798
10410593
968892
110
March
136161153
86125
146198138
84 i128
8189768679
10394
10495
144108111102117100
125
11617414814311111596
100106
979197998697
10411097
988893
110
April
12914014893
123i
1321 6 6 l i123 1
84 I '126 |
!ii778873 ]74 |76
9090
104768864
10096
10896
120
135172
! 199144113136150
111106
979096988693
10311098
978693
109
1928
Febru-ary
14416815996
135
150189149 i97 |
136
8281906476
9385
10889
128888782
10195
I
108
11519313714896
10686
8596
i
! 919294
i 89! 80| 93i 103
98I 86
90858994
j
March
137157145100130
i14819813197
133
8075906272
9995
10587
13189
11095
120107
125
133224200163107119117
103103
i
929294918293
10210589
92869193
April
136161132 !103 I128 Ij
14018311794
130
7473795670
8688
105 17075539989
11288
115
135202195154100130130
102104
919091918388
10110591
94849394
PEE CENT INCREASE (+)OB DECREASE (— )
April, 1928,from March,
1928
-0.7+ 2.5 |-9. 0+ 3. 0— 1. 5
-5.4— 7. 6 !
-10. 7 i-3. 1 !-2. 3
!
-7.5-2. 7
-12. 2-9. 7-2. 8
-13.1-7. 4
0.0-19. 5-42.7-40.4-10.0-6.3-6.7
-17.8
-8.0
+ 1. 5-9. 8-2. 5-5.5-6. 5+ 9.2
+ 11. 1
-1. 0+ 1.0
— 1 1— 2 2-3.2
0. 0+ 1.2-5.4-1.0
0.0+ 2. 2
+ 2.2-2. 3+ 2. 2+ 1. 1
April, 1928,from April,
1927
+ 5.4+ 15.0-10. 8+ 10.8+ 4. 1
+ 6.1+ 10.2-4. 9
+ 11. 9+ 3.2
-3. 9-17. 0+ 8. 2
-24. 3-7.9
-4.4-2.2+ 1.0-7.9
-14. 8-17. 2-1.0-7. 3+ 3.7-8.3
-4.2
0. 0+ 17.4-2,0+ 6. 9
-11. 5-4. 4
-13.3
-8. 11 -1. 9
— 6 20.0
-5.2-7. 1-3.5-5.4— 1 9-4. 5-7. 1
-3. 1-2.3
0.0-13. 8
f See table pp. 20 and 21 of the May, 1928, issue for earlier data. * See tables on pp. 20 and 21 of the April, 1928, issue for earlier data.
17
INDEXES OF BUSINESS—Continued
EMPLOYMENT— Continued(Relative to 1923-1925 monthly average as 100)
Amount of pay roll, by industries:Total, all classes
Food productsTextilesIron and steelLumber _ _ _ >Leather „_ _Paper and printingChemicalsStone, clav, and glassMetal products other than iron and steel-Tobacco productsVehicles
Maxi-mumsince
Jan. 1,1923
111108115117107117114114111114111114
Mini-mumsince
Jan. 1,1923
859078798484948984818173
Miscellaneous i 119 1 86
1937
FJf- March
102 10395 i 94
102 10210-t 10691 92
100 97111 111110 ! 114
97 1 10199 ! 10284 ! 8595 ! 98
115 s 117
PRICE INDEX NUMBERS
FARM PRICES 1 I
(Relative to 1909-1914 average as 100) \ \
All groups 1«2 125Grains 178 108
OKQ 1 HQ
127 126122 i 1211 i O 1 1 A
April
1029397
1049191
1101141049582
100119
1251191 .17
1928
Febru-ary
959796958493
1101028893839497
March
969694978792
1101079194849897
1351281 K9
1371361 7/1
April
PER CENT INCREASE (+)OR DECREASE (~)
April, 1928,from March,
1928
95 —1.09287
— 4. 2— 7. 4
97 0. 088 +1.180 —13.0
110 0. 0107 0 0949578
10099
! +3. 3+ 1. 1— 7. 1
1 +2 0'• +2. 1
April, 1928,from April,
1927
-6.9— 1. 1
-10. 3— 6. 7— 3. 312. 10. 0
— 6. 1-9. 6
0.0-4. 9
0. 0— 16. 8
140 -1-2.2 ! 4-12. ft1441 7O
+ 5. 9 | +21.0i o n I 01 oFruits and vegetables
Meat animalsDairy and poultryCotton and cottonseedUnclassified
154166252108
10898
1228179
1421431439484
14014413310281
14714313310180
WHOLESALE PRICES
15313914414190
174139137
179142134
147 i 15489 85
+ 2.9+ 2. 2-2. 2+ 4.8-4. 5
+ 21. 8-0.7+ 0. 8
+ 52. 5+ 6. 3
t See table on p. 23 of this issue for earlier date.
106764—28 3
ueparimenc 01 iua»or mciexes
(Relative to 1926 monthly average as 100)
All commoditiesi Farm products: Food, etc _ _ _
Hides and leather products! Textile products
Fuel and lighting.Metals and metal productsBuilding materialsChemicalsHouse-furnishing goods _Miscellaneous. _
Classified by state of manufacture:: Semimanufactured articles!i Finished productsf
Raw materials fNonagricultural commodities
Commercial Indexes
i (Relative to 1926 monthly average as 100)
Dun'si Bradstreet's
COST OF LIVINGNational Industrial Conference Board Indexes
(Relative to July, 1914)
All items weightedFood (Dept. Labor)ShelterClothingFuel and light (combined).FuelLightSundries
105114106127114112113116104111127
128103109106
106112
172167186177179208123176
9494859894849790959887
96939393
8595
158141163160156174118171
969596
10095969896989891
97969696
9797
1G5156172172167190121174
959495
10194909895979891
97959495
9797
164154172172166189122173
949495
102948598959898 <91
96949394
9796
164154171172161181122173
9610599
19497819891969887
97959994
103103
162152165171163184122172
9610498
12497819891969887
98959894
104104
161151165173163184122171
9710810012797819893969885
9896
10095
106104
161152163171160179122171
+ 1. 0< +3 8i +2 0! +2. 4
0 00 0
: 0 0+ 2 2
i 0 00 0
— 2. 3
0 01 +1 1i +2 0
+ 1*1
1
1 +1 9i 0 0
l
0.0! +0. 71 —1 2
— 1 2— 1. 8— 2. 7
i o o0 0
+ 3. 2+ 14 9+ 5. 3
+ 24. 5+ 3 2
4 70. 0
— 2 1— 2 0
0 0— 6. 6
+ 2 1+ 2 1+ 7 5+ 1 1
+ 9 3+ 8 3
— 1.8— 1. 3— 4 7— 0 6— 0 6— 1. 1
0 0— 1 2
18
RELATIVE DEBITS TO INDIVIDUAL ACCOUNTS AT CLEARING-HOUSE CENTERSGROUPED BY FEDERAL RESERVE DISTRICTS
[Table continued on p, 19]
YEAR AND MONTH
1919 av. mills, dolls
1919 monthly average _1920 monthly average.1921 monthly average.1922 monthly average.1923 monthly average .1924 monthly average.1925 monthly average.1926 monthly average.1927 monthly average .
1926JanuaryFebruaryMarchAprilMayJuneJulyAugu st _ -SeptemberOctoberNovemberDecember
1937JanuaryFebruaryMarchAprilMayJune - --JulyAugustSeptember _ _ _ _ _ _October
December1988
JanuaryFebruaryMa'-chApril _May. _June
YEAR AND MONTH
U. S.TOTAL
141CEN-TERS
37, 446
100.0106.088.797.8
103. 2109.5126. 8135. 3150.0
144.6120.0150.8138.5123.3135.3 ;136. 1 !125.6 !
125.4140.3126.6152.4
146. 1128.8156. 3148. 5144.6151.8143.4143. 5151. 6158.1152 5174. 8
168, 014.5. 6188.7178. 6
BOSTON DISTRICT
Total,11
centers
1,769
100.0109.2102.4105.5117. 1120.9136. 7146. 1158. 1
159.1123.0147.4151. 9144.3147. 6149.5124.9128. 1167. 9150.8158.8
159.6135.7162. 9159. 6154.0161. 0152.5137.2148. 2174. 3170 7181.8
176. 8135, 7167. 3169. 3
Boston
1,245 |
100.0105.9 i106. 7109.3 1120.2125.6143.9157.0168. 9
169.6130. 1 j156.9164.9 i155.8 !158.8 !161.7 :132.3 '136.4 !
182.5 ;
163. 1171. 3
174.1147. 1177. 3170.8165. 8171. 51*50. 1142.1156. 0186. 0183 6192. 9
186. 4139.2176. 1179.3
Hart- Provi- Newford dence Haven
92 ; 144 : 72 '
100.0 100.0 100.0117.4 118.7 ; 118.198.9 93.0 98.6
103. 3 95. 1 i 104. 2119. 6 105. 5 ; 122. 2131.3 104.4 i 125.8141.7 114.9 134.6152.3 113.4 I 139.6202.5 113.2 i 148.6
175.0 131.2 ! 145.8142.4 99.3 ! 119.5166.3 111.1 | 148.6156.5 111.8 1 138.9151. 1 109. 7 ! 136. 1163. 1 109. 0 i 138. 9162.0 112.5 ! 147.2137. 0 93. 0 1 134. 7132. 6 99. 3 ! 134. 7144.6 146.5 i 145.8138.0 113.9 | 134.7158. 7 122. 9 i 150. 0
168. 5 114. 6 j 147. 2145.7 101.4 120.8177. 2 113. 9 ! 151. 4189.1 117.3 ! 151.4180.4 111. 1 i 141.7219.6 112.5 j 145.8222. 8 107. 6 i 152. 8207. 6 '• 100. 0 , 138. 8216.3 102. S | 151.4226. 1 122. 9 i 166. 7210.9 124.3 | 148.6206. 3 130. 5 i 100. 7
258. 7 150. 0 ! 159. 7206. 5 110. 0 ! 1-13. 1243.5 122.9 ! 165.3257. 6 125. 7 ! 161. 1
NEW YORK DISTRICT PHILADELPHIA DISTRICT
T°7a1' Albany Buffalo^8' few | ™*> !centers j ter | *ork i centers
20,917 ; 87 ! 263 ! 120 20,354 j 1,625
100.0 100.0 100.0 100.0 i 100.0 ! ; 100.0 i99.4 : 111.5 114.8 119.2 98.8 ! 113.385.2 ! 119.5 92.8 i 103.3 84. 8 ! 95.898.4 i 119.5 99.6 110.0 i 98.2 \ 102.5 i98.2 118.3 114.8 ; 124.2 ! 97.6 i 114.3
108.3 i 134.8 '• 115.0 ! 129.0 | 107.9 1 116.812S. 7 147.7 133.3 144.3 i 128.3 129.5139.0 154.0 136.9 ; 146.3 i 138.8 i 134.6100.1 : 168.3 ; 140.6 \ 152.2 i 160.3 140.0
! i i! 1150.2 142.5 154.7: 159.2! 150.0" 139. 2 i122. 1 147. 1 120. 5 j 129. 2 i 121. 9 i 116. 4161.7 171.2 135.7 ! 146.7 | 162.2 i 143.0 :
144. 0 170. 1 138. 0 , 144. 2 i 144. 0 ! 138. 1130.9 197.6 126.6 i 135.5 j 130.5 1 127.9139.0 150.5 148.3 160.0 ! i3S 5 !' 13o 1136.6 171.2 155.5 ; 154.2 ' 135 9 139 o128.9 131.0 127.7 I 127.5 . 12s 9 i IB 8126.1 127.5 126.6 \ 138.3 i 1J5 9 ' U- 9141. 5 147. 1 141. 1 ; 162. 5 i 141 3 1 13 6127 0 139 0 1*?7 4 135 8 '< i20 7 ^'J 7159.9 152,8 141.1 [ 162.5 ; loO 1 i;3 9
153.4 133.3 143.0 i 152.5 1 153 ' 142 3 !134.7 151.7 114.8 ; 131.7 i 1 ',4 8 124 ^169. 1 219. 5 130. 8 1 163. 3 , 1< ') 5 14u 7157. 3 197. 6 139. 5 ! 163. 3 ! 157. 3 140. 0153.6 205.7 135.0! 136 .7 ; 1 >3 0 1 3 - ^ 5162. 0 170. 1 144. 5 i 164. 2 ; 1 >2 2 141 2151.2 108.9 146.0 | 152.5 i 151 1 13o 1155.1 156.3. 133.5' 139.2; r,~ 5 US 4163.6 143.6 ! 147.5 150.0 It 3 9 13' 8167.3 163.2 ; 151.7 ; 162.5 l',7 5 144 S163.0 147.1 139.5 ' 137.5 L>3 5 13M 4190.7 162.0 101. 6 173. 3 191.3 159.8
18 i 5 137 9 K4 6 ICO 0 1* > 1 ^'A >160. 3 ' 100. 9 131.5 125.8 1» 0 * I/: 7218. 7 i 2,-o. 1 US. 7 150. 0 220. 0 157. 4201.0 i 162.0 154.0 159.2 ^0) 3 1"5 3
Phila-delphia
1,373
100.0 i112.4 i93.8
101.7111.9114.3128. 1133.1138.6
139.0116.2141.4136.6126. 4135. 0137. 8115 y120 t-141 11J8 71^3 0
141. 7 '1:1 o140 Si3* 2137 4 i140 7133 9120 5133 9141 71^ 3I'.j 3
A} 1
154 5YJ~> 5
Scran-ton
53
100.0124.5122.7109.4139. 6142.3138. 9144. 2145. 5
132. 1103. 8152 8147.2137.8145. 3149. 1115.3n.olor,, i143 4156. 6
145 °l_b -}
119. 1149. 1141.3145 313". o134. 0104 2i:4. 7141.5149. 1
137. S128. 3217.0141.5
Tren-ton
43
100. 0125. 6111. 6118.6137.2146. 5159. 6168. 5175. 6
169. 8169. 8169. 8158. 2102 8
174^ 514S. 915-. 2172. 115s J211. 7
172 1ISM 1
1*, 7. ."lor. i172. 1li >2. ^>li'7 715S 21 .7. 5176. ,1(»7. 5214.0
195. il'J5. 4
107. 5
ATLANTA DISTRICT
! Total,| 15! centers
1919 av mills dolls i 92,8
1919 monthly average.1920 monthly aver; ge.1921 monthly aver; ge.1922 monthly aver; ge_1923 monthly aver; j > e _1924 monthly average.1925 monthly aver; ye .1926 monthly avert ge_1927 monthly aver; ge_
i 1926
100. 0_ ! 115.1_ i 84. 2
S!). 010!J. 0
. i 105. 3125. 012S. 1123. 9
11-1 9
' Februarv 120 5Mprc'h " 141.4Ap*'1'! ' 133 7Mpy 121. 5Ji'Ti'e i1 9 2July i 124. 4August 113.3September 193 2October 142 0
1 November . _ _ 118.7December 135. 6
1927January 131.7February 115.8
! March 126. 3April
i May123. 11 1 6. 6
i June . . ! 115.9Julv 116.4
1 August i 113.9i September ... 130. S1 October 137.7; November 121. 4
December 136. S! 1928: January 127. fi February 112.4
March " 127. CApril 118. £
i May 1June •
Bir-Atlanta m ing-
ham
123
100. 0108.9
S5. 490. 2
KK y113. 1129. 21'32. 7127. S
i 139 S1 122. 8
161.0
: 128. 5125 2
1 127. 6115.4
i 126. 0• 142. 3; 127. 61 146. 3
134.1119. 5134.1128. 5124.4118.7123.6115.4130. 1146. 3121.1137. 4
130. 1123. 0135. 0126. 0
59
100.012s. 8103. 4133.91 *3. 11W.3
si'l1 215. 3
262. 7254 3
i 239. 0: 223. 7! 515. 8! 217.0i 239. 0! 206. 1| 240. 7! 259. 3
264. 4i 222. 0
242. 4244.1245.8235. 6239. 0240 7278. 0300. 0257. 6272. 9
271.2: 225. 4
245. S240,7
New Jack- Nas}3,Or- son- ^Vffj j
leans ville vme
304 ! 48 93
190.0 100.0 : 100.0lir..4 125.0 : 120.4
82.2 1)1. 7 1',". 4S9. 5 97.9 71.097.4 ! 112.5 7x "
1UO. 4 1 126.5 "XL:US. 1: ! 206.2 <~. t,113. 7 ! 232. 6 ^' ' . 711-i.S ' 1 M . O l»7. C-
131 ° 28" •" ; 88 2103.3 254.1 87. 1119. 1 275.0 ' 103.2123 7 247 9 9° 5103.0 235.4 : S4. 9101.9 225.0 ! 89.2110.8 , 218.7 . 92.5102.0 206.2 ; 84.9109.5 195.8 83.9134.5 222.9 : 95.798. 7 193. 7 ! 84.9
123.0 229.1 89.2
119.1 216.6 94 . f i108.2 ' 195.8 : 89.2114.8 222.9 98.9111.5 206.2 92.599.7 i 183.3 92.5
103.3 177.1 98.9103.6 164.6 102.1105.2 : 156.2 93.5127. 9 154. 1 94. 6130.6 160.4 110.7116.1 160.4 96.8137.5 , 181.2 106.4
123.0 164.6 102.1103.6 : 166.6 97.8115.4 175.0 116.1106. 6 158. 3 104. 3
CHICAGO DISTRICT
Au- j T<^!' Chi- Be- Indian- ™-»"sta !| centers ca»° j troit apolis k^~
37 4,242 2.800 i 525 136 ' 237
100.0 10U.O 100.0 luO.O 100.0 100.0110. ,s ! 110.0 . ID 0 I - T 2 123. 5 124.0
64. 9 02. 0 ) 7 L<1 _ 100. 0 , 97. 570.3 96. s t» _> oi 3 104.4 101. 7.V-. ^> 10S. S : 1 ) 0 2 7 115.4 115.674.6 l l i » . s . I I K } 1 0 I 110.9 : 110. 57V1? 124. '.» U -r 1 ^ 3 llo. 4 119.4~j. o 132.0 +2~ 1 ( 4 135.2 127.37-^ .s 1 .37.9: i 3 s i f _ s 136.2 13d!
8*J 5 137 9 i a 3 2 ^ 7 4 ' 137 5 130 867.6 : 118.6 ! 1 1 9 . i h I 119.1 ! 117.37>. 4 i 142. 7 ; 139 2 177 5 ! 135.3 ; 142.270.3 : 133.0 • 12b J 1~7 4 ' 130.1 ! 121.1(>7 . 6 • 129.9 : i-4 6 10 « , 133.1 ! 125.756. S i 135.1 i 12-s 7 i~s j '• 152.2 ! 126.662.2 : 136.2 ' T J 1 4 1 "1 <i ' 150.0 i 128.356. 8 ! 128. 0 i 1.3 3 If 7 1 ; 128.7 i 119.886.5 : 122.8 i lit 3 n9 s ! 127.9 i 121.589.2 i 1:33.5 : 12< 9 1"0 9 j 136.0 137.170.3 ! 123.2 ! 1H> o 1 0 , ! 128.7 ! 1'24. 978.4 143.4 i 14J 3 1 o 3 \ 143.4 | 132.1
70.3 i 134.4 | 131 n ' 1 1 0 i 141.9 132.564.9 : 118.6 i llo 2 1 134 1 ! 136.0 126.170. 3 i 139.7 ! 13^ " Ij2 s ! 138.2 140.5
; 70. 3 i 137.9 j 130 4 1 1*3 6 i 133.8 128.3i 70.3 140.4 | 1 1 2 | 1 7 4 i 137.5 131.6i 64.9 s 142.8 1 14i 1 i 17' 2 137.5 123.7
64.9 ; 134.8 ; 130 4 ' 172 ^ ! 141.2 126.664.9 ! 136.7 i 136 2 1 1 » > 4 0 i 128. 7 125. 7
100.0 i 1 38. 0 i 13" 3 10 2 130.1 124.597.3 ! 142.6 ; 1 4 2 4 1704 i 135.3 133.373.0 ! 135.0 i 13- Q 1U 4 134.6 127.086.5 ! 153.6 1 ") 1 ' Is 7 i 139.7 135.9
83.8 ; 148. 0 ! 149.3 | 178.1 ; 138.2 133.378.4 : 128.7 i 126 6 160 S | 136.0 120.781.1 ! 157.6 : TO 9 197 9 ; 146.3 138.075.7 ; 155.1 i 1 s 9 1 4 0 ' 131.6 129.5
DesMoines
83
100. 0114.584.4
89. 898. 198.9
100. 083. 1
104. 8100. 098.897. 696. 488. 096. 4
102. 496. 4
113. 3
95.284.4
109. 798.8
102.4108.596. 489. 297.6
101.298. 8
104. 8
97.686.8
106.0102.4
GrandRapids
75
1GO.O128.0ioy.3
XI. x89. 389. -
114.1
110.3
122. 6101. 3121.3121.3112.0114.611 ~" 3112.0112.0122.6106. G122.6
118.697.3
114.6112.0112.0113.3110.610S.O106. 610S. 0104. 0118. 6
112.098.6
114.6106.6
SiouxCity
03
100. 0109. :.
03. ">I ' l l . . .119.1-r::<. i
111' 7
147. 0125.4153.9131.7125. 4130. 5131 . 7
: 119.0117.4131. 7104.7123. 8
i 130. 11 114.31 130. 5! 117.4! ni.ii 117.4
114.3111.1
; 112.7! 128. 5
65.287.3
84. 187. 3
; 101. 688.9
See footnotes on p. 20.
19
RELATIVE DEBITS TO INDIVIDUAL ACCOUNTS AT CLEARING-HOUSE CENTERS—ContinuedGROUPED BY FEDERAL RESERVE DISTRICTS
[Table continued on p. SO]
CLEVELAND DISTRICT
YEAR AND MONTH
1919 average millions of
1919 monthly average. .1920 monthly average1921 monthly average .1922 monthly average. .1923 monthly average .1924 monthly average. .1925 monthly average1926 monthly average. .1927 monthly average. .
1926JanuarvFebruary. ._MarchApril..MavJuneJulv..August
i Septemberi October: Novembo>-
i Docem ber| 192?
Januarv . ... .FebruaryMarch
i Mavi Junoi Julv
YugustSeptember .. .OctoberNovemberDecember
1928JanuaryFebruary.. . _.March\prilMay
dollars
Total,13
centers
1, 963
100.0116. 489.694.6
110. 9109.4122 0127.4136. 6
137.9109.9126. 0129. 4119.2130. 1136. 1120.2
134. 4121. 6141.9
141. 9124. 3135 4147 6131.9152. 1141.4125 8128. 4134 8125.6150. 0
142.4121.0135.0139 7
Akron
90
100.0115.663.363. 380.081.4
100.0104.5112.9
111. 186.7
111. 1112.2101. 1105. 5107. 897.8
110.0107. 895.5
107. 8
97.886.7
104. 4118 9114.4121. 1128. 9113. 3120.0117.8104.4126. 7
117. 8107.8113.3130 0
Cincin-nati
247
100.0113.0107.7117.4133. 6128.0142.7150. 3
! 167. 2
175.7138. 9153. 5159. 5139.7143. 3153. 9132. 8130. 8
•• 154. 3150. 6170. 9
167. 6136. 0162. 8
: 181 4: 158. 7! 168.0
176. 5163. 2
! 163.2170. 9159. 9197. 6
! 201. 2! 171. 3
175. 3192 7
June . . .!
DALLAS DISTRICT
YEAR AND MONTH
1 • 9 * "nhiO^
1 ' 9 Tnombl i"5 <?' ve920 moii ii uti i e
1 21 Uzonthl a\n ige1922 m )i thi a \e i sP
19_ 110 thl ue ige
1 L?n ii miM i v C 1 uf1 »27 mo i hi* n \ u i o
193UJanuaryFcbruarvMarch\p-ilMPVJuneJu lvAugustSeptemberOctober
December--. ... _1927
JanuarvFebruaryMarchApril.MavJuneJuly•VugustSeptemberOctober .. . .NovemberDecember
1928
February ... . .MarHi
Mav
Total,11
centers!
521 !
100,0117.494.297 9
101.3101.5112.4119. 1124.4 ,
124.7110.0120.3111. 1103.8109.4114.6108. 8128. 6137 6
13sl 9 :
128 2114 2123.8117.3 i110.5111.5111.5110.9134.5145.1136.2 !149.7
132 0 !118.0 !
129.7 |121 3 i
Dallas
161
100.0114.390. 796.9
107. 5
13L5
157.8129. 2134. 2119.3112.4117.4121.7112.4139.7150 3137. 3146.6
138. 5122. 4131. 1126. 7112.4116.8115.5117.4151. 5166.5160.9167.1
147.2132.9142.9129.8
Hous-ton
138
100. 0
So'. 281.289. 091.2
103. 6126.0131.9
110. 1103.6123. 2120'. 3108.7115. 2121.7121.0148. 5155. 8132. 6151.4
139.8125. 4129.0118.8119.6114.5115.2123. 2152. 9154. 3133. 3157. 2
134. 8118.8132. 6123.9
June.- -. ... . J .. .-- ..
FortWorth
92
100.0119.6109.8119.693 578.082.4
103. 2 !
92.480.487.081. 579.485.9
100.0 i94.6 i95.7 !
102.2 !98.9 j
107. 6 !
97.8 !90.2
105.498.9 i95.7
100.0 i102.290.298.9
113.0115.2130.4
113.097. 8
108. 7105.4
Cleve-land
653
100.0115. 981.984.199.296.8
106.6115.9124.9
126. 390.6
109.8123.2105.0115.0126. 0108.5110. 4127.5112. 8136. 0
130. 6107.8117. 013 1 7116. 7131. 2131.4115. 1122. 3133. 81 14. 1147. 6
136. 6110.5120. 91°8 1
Pitts- Y'ngs-burgh i town
746 ! 60
100.0 | 100.0118.5 ; 110.094.9 i 78.397.2 83.3
112.7 ! 103.4113.2 ! 101.6126.4 j 117.0126.7 ! 118.0137. 1 ': 118. 5
136. 8 ! 123. -i117.7 ! 96.7130.0 i 108.4123.3 ! 121.7119.7 : 113.4134.5 i 111.7131.3 ! 131.7116.3 ! 120.0119.7 ! 121.7133.2 ! 126.7121.7 108.4135. 7 : 131. 7
142.0 131.7137.5 ! 10rj.4141. 1 ! 118. 4154.6 ! 118.4132.7 ' 113.4169.8 ' 1210141.4 ! 131.7120.6 ! 111.7120.3 ! 113.4126.2 ; 120.0121.9 j llx 4136.5 | 111.7
133.5 ! 118.4117.9 ! 100. 0129.6 : 111.7133 3 : 1°1 7
Toledo
116
100.0117.2102. 6132.8153. 5155. 7179.2189.5205. 2
200.9169. 0182.8185. 4ISO. 2194. 0208. 6197. 41x7. 11S7. 9172. 4OK o
204.3159. 5210. 4219. S209.5J05. 219S. 3l'J9. 1195. 7194. 020X. 62,u . 8
237. 9198. 3238. 824° 3
Colum-bus
! 116
1 100. 0i 111.2
102.6112.1
'• 128. 5116.0126. 9138. 3144.8
146.6111.2127.6151.7135. 3144.01 19. 1134. 5131.9141.4131. 9154.3
162. 1123. 3Io7. 91 ~>j. 9141.41 45. 7142 2i:'S. 8141.4147.4135.3lt>5. 5
150. 7127. 6150. 9154. 3
Day-i ton
1 50
100.0104.0110.0112.0138. 0136. 0156. 0176.5188. 8
188.0146. 0182.0176. 0160. 0172. 0210.0166.0176. 0182.0164. 0196.0
202.0162. 0196. 0200. 0192. 0202 0200.0178. 0184. 0182.0164.0204. 0
202.0164. 0214. 0190.0
RICHMOND DISTRICT
Total,7
centers
718
100. 0111.895. 5
! 89.698.6
' 96.3106. 7108. 4
i 107. 1
115. 1100.7111.4107.7101. 1110.0117.496.0
100.7115. 1102. 1121. 9
111.693. 6
106. 1105. 699. 7
lOf i . 7102. 9104. 2105. 9117.8111.0120.6
108. 795.0
109. 4105. 7
Balti-more
404
100.0115.6104.989.193.393.4
104.6107.4104.2
112.498.8
112.4111.1102.7113. 1122.896.094.1
107.798. 0
119. 3
109. 190. 1
104.4102. 795. 5
104. 4103. 0104. 9103. 5114. 3102. 2116. 1
105. 292.1
106. 4102. 2
Nor-folk
84
100.0102.371.478.588.182.285.894 289.0
96.489.994.092.888.195.297.685. 788. 1
101. 296. 4
114. 2
96. 482. 188. 186.989.390. 486. 982.178. 592. 896.497.6
84. 576.283.384. 5
Rich-mond
116
100.0107.898.3
100. 9112.9109.1122.4121.5123.0
135.3113.8123.3112.1106. 0111.2127. 6106. 0125. 9139. 7119.0137. 9
131. 9107.8114. 71 18. 1109. 5115. 5111.2115. 5128. 5137.1143. 1143. 1
130.2110.3 !123. 3 :
110.3
Charles-ton
37
100.0102.767.667.678.469.473.076.275.0 !
78.470.378.473.070.3 !75. 762.2 !64.9 !78.4 •
113.5 i73.0
67.673.081. 1 !81. 173.075. 767. 667. 678.483.8
73. 0 :67. 675. 773.0
ST. LOUIS DISTRICT ;
Sum-maryfor 5
centers
i«:
100.010" 4
SO )9-t i
110 i110 <1 J j- 2
_~ 4
pi. i11', 4I V 4
12 i1J! 9
27 ''1H 1120 <•13" 812" 4135 4
131.0114.5130. 2122. 2124. 5128.81 20. 3115.5124.0138. 0134.1145. 1
135.4119.7132.9128.2
Louis- ! St.vtile Louis
r*» M-
100.0 100.0U -> 10) -,
» 2 0 1 >*7 x 9 2
ICi 9 0^ 4kV - 10s 212u X '0 x
1 2 - > h 29 9
i 32 ( ' -t
131 " J- ' "
ll" 2I , > > ->
1( 12 7
ir. 4 .r* x12x 2 129 X119 J l_l b12i 9 132 3
131.4 ! 126.9120.5 , 107.3134.0 123.0121.8 118.7118.6 120.9126.9 124.8123.7 ! 116.4114.1 : 111.8119.2 ! 113.6125.0 124.8118. 6 123. 4129. 5 : 139. 1
129.5 ! 130. S119.9 l 115.4131.4 ! 127.6130.1 • 125.0
Mem-phis
130
100. 0107. 4
106. 6101. 1111.7111.5in;-. ? >
132. 4101.4
10,-).' r101. 5101.5100. 7
l i i . 'o133. 8
118.4
114. 7105. 1116.2105. 1114.7107.494. 193.4
132. 4161.0147. 1143. 4
123.599.3
115.4103.7
LittleRock
36
100. 0125. 01U 7127. 8169.5is?;. 2204. 922!5. 4
2 4 4 . 5211. 1225.0213.9
1 SO. 6211.1
247.' 2286. 1
233. 4
219.5197.2225. 0186. 1183. 3197. 2200. 0197.2227.8277.8280.6258.4
227. 8208.4230. 6211.1
centers
659
100. 0IDS. 5
8'->. 094. 8
104.2
104.91 i 0. 0
104. 190. 9
105.4
100. 6101. 6105.0
99. 2110.6118. S
113.6
95. 184. 697.59^.099.1
100. 9102. 7101. 3138.4153. 8130. 3117.9
101.291.8
111.5107. 6
MINNEAPOLIS DISTRICT
Duluth
90
1 00. 01 20. 0
:~4. 4s2. 285. 5
117.7US. 2
78.9f ; 4 . 480.073.3
101. 19(1 0N). 0
107.' 8
10°' 284.4
67. 858. 966. 7
S&996. 780.0
106. 7203. 3153. 395.5
71.161.180.075. 5
Minne-apolis
354
100,0109. 6
S4. 285. 0
103! 81 19. 41 10. •}
110.595. 2
109. 9
103.4105.41 1 1 . 6109. ;-;l l x . 9120.91 1 0 4119.8
100. 087.998. 999.2
104 .8103.1107.4110.2150. 6155. 7128. 0120.9
105.995.2
116.4118.4
st. !Paul
162
100,098.275. 397. 5
106. 8101.6Ii.S4. 7102. 2
105.697. 5
H i 5 . f i
lOO. ' f i1 01. 9-3. x93. 8
cju 4116.7
1 00. 093. 2
1 i 2. 3104.9
94. 4100.0104.995. 7
101.9124. 71?4 7124. 1
109. 3101. 9118.5102. 5
Ile!ena BTC
11 ! 9 '
100.0 ! 100.0109.0 111.1 '100.0 , ^.990. 9 77. sSI . 's ! X - . 9X". « , 7 ^ . 7X... r , ^ - .1 .3
s i . x (,r. 7
'< ! . x 77. ^
-!.s 77. ^( ) /. 9 xx. 9
190.0 1.33.3°0 9 !• ' 1
72. 7 8\ 963. 6 66. 7SI. S 77. 8Si.x 77.X72. 7 77. 872. 7 : 77. a!•'). 9 88. 990. 9 77. 890.9 111.1
109. 1 ! 144.481.8 i 111.190.9 111.1
72. 7 88. 963. 6 SS. 981.8 111.172.7 ! 100.0
See footnotes on p. 20.
20
RELATIVE DEBITS TO INDIVIDUAL ACCOUNTS AT CLEARING-HOUSE CENTERS—ConcludedGROUPED BY FEDERAL RESERVE DISTRICTS
KANSAS
YEAR AND MONTH Total14 Denver
centers
1919 average, millions of dolls. 1, 231 146
1919 monthly average . . 100.0 100 01920 monthly average 109.8 139.71921 monthly average 82 0 98 61922 monthly average 84. 2 102. 71 923 monthly average 90.6 111.61924 monthly average 85. 7 112. 91925 monthly average 95 5 121 51926 monthly average 100 4 123 21927 monthly average 102. 4 ! 120. 4
1926January 100.1 i 119.9February 84 4 104 8March . 99.0 121.9April 94.3 119.9May 92.0 111 6June 99 5 119 2July 115. 1 139 0August ... 101.9 120.5September 101. 5 134 2October . 108. 8 139. 7November 100.6 117.8December 108 1 130 1
1927Januerv 102 3 i 121 9February 88.9 i 94.5March 101.9 ! 124.0\nnl 98. 2 : 126 7Ma^ 97 2 123 3June 101 2 118 5July 104. 5 i 115. 7August : 104.2 i 115.7
KansasCity,Mo.
413
100.094.974.674.384.381.490.193.493.8
93.578.087.485.084.789.1
115.7101. 095. 6
100.592.798.1
88.978.988. 687.288. 991.399. 0
101. 9
October "'OS 9 132 2 109 4November > 104.6! 126.0
1 December 114.3 126.01928 j! Jaimnrv inn. p HP. P
i Febvu ;irv 94 r> 106 8i March " 107. 5 126 01 April 101.9 125.3i Mav
94.4105.8
99. 385 9
100. 093. 2
June
CITY DISTRICT
O m ah a
264
100.095.567.473.177. 769.776. 975.476.0
72.467.883.073.573.578.481.479.971. 678.4
73'. 5
74.265. 576. 573. 571.67o. 476. 580. 7
83. 373. 576. 9
76. 975. 488. 376. 1
St.Joseph.
Mo.
85
100.097.681.169.472.971.672. 7 173.4 166.9
78.864.7
! 75.365.970.677.678 869.' 4
1 71.7: 76. 4
72.978. 8 !
1 71.760.0 '68.261.267. 068.267. 067. 065. 968.267.071.7
72. 968. 277. 664.7
Okla-homaCity
68
100.0153.0129.4119.2114.7112.1127.4139.1154.6
150.0 :125.0141.2129.4128.0141.2147.1132.4139.7141.2138.3 ;
155. 9
154. 9128.0157.4151. 5148. G161. S151.51 32. 4
16° 3169." 2189.8
160. 3144. 2164. 8166.2
: ]
Tulsa
94
100.0131.988.3
105.3104.389.5
112.6136.0139.2
136.2107. 5133.0130. 9127.7136.2145. 8130.9139. 4141. 5136. 2167. 0
iro.7
133. 0128. 7137.3
127^7
Tl.9131.9173.4
140. 4124.5128.7126.6
SAN FRANCISCO DISTRICT
Total,18
centers
1,909
100.0123.2104.4107.2126.3128.9142.9155. 7172.3
157.2153. 7171.2154. 8144. 9151.7ICO. 8147.0153. 4159. 1145. 5168. 7
164.9T9.91W6. 4172.2161. 4l'io. 8164. 115s. 7171. 51S4. 2
1C*'. 2
183. 3179. 1212.6191. 3
LosAngeles
314
100.0139.2143.0165.0223. 6236.7251.1278.1280.6
281.9268. 5310. 5
253.' 2275.2
| 292. 4I 260. 2
271.4281. 6264.7301.9
pns. °29.\ 3349.1303.82SO. 5281.2279.0
29 -.9305 8330. 0
! 317. 5309. 3
i 366. 61 332. 2
Port-land,Oreg. |
181
100.0108.8 !82.3 ;76.2 i86.289.492.0 1
101.094.2
92.8! 87. 3
100.695. 6
100.6' 101.7
105. 5107.2104. 4109. 4105. 0
I 102. 2
89.582.388. 494.599. 590.190. 694.5
100.0101.7105. 094.5
84.581.291.289. 5
San !Fran-cisco
760
100.0124.6101.994.8
104.0107.1126.1138.2165.0
138.6152.9157.8137.0128. 7132. 8141. 5129. 5132.3138.6123. 2145.2
144.8154.6176.7161. 7151.7157. 9156. 7147.9168. 8188.2174.2197.3
180.4188. 5221.6189.1
Seattle
206
100.096.167.073.383.087.798.0
103.2105.8
100.088.3
110.7107.397.6
102. 9104.8104.8113.6108.297.1
102.9
91.788. 3
107.8107. S98.5
106.399.5
112.1117.0115.0108. 2117.0
108.297.1
133.0r73 8
Oak-land,Calif.
63 \
100. 0160. 3 !128. 5 '144. 4192. 0 |196. 3 !227. 3 i273. 0 !356. 6 !
265. 0 !257. 1 i295. 2 !266. P. :
250. 7266. 6293. 6 •242. S263. 4 :
261. 9 :241 ° i371.4
379' 3 ;361. 8 :
339. 6360. 2344.4
! 333. 3 !339. 6 !358 7 i
i 353! 9 !! 436. 4 !
: 396. S •j 336. 4 '! 414.2 ;! 430. 1 1
DISTRICT TOTALS— SEASONAL VARIATIONS ELIMINATED2
! YEAR AND MoNTH totli : Boston York
1919 monthly average 100.0 100.01920 monthly average 106. 0 109. 51921 monthly average 88. 7 101 9
! 1922 monthly average 97. 8 1 105. 4i 1923 monthly average _ 103.3 ! 117.1' 1924 monthly av^-raee 10° 5 121 1
1925 monthly average 126 7 136 61926 monthly average 135. 4 ! 146. 01927 monthlv average 150.0 ! 158.1
192GJanuary ! 138. 5 149. 8February i 139 5 143 0March ' 149 9 147 3•Ypril 1 141. 8 156. 6Mav. ! 128.2 145.0June . .! 130.9 141.9
' July 137. 3 147. 9I August i 136.4 141.8
September i 132. 0 140. 9October 131.4 154.0
: November 124.1 142.9! December 135. 1 140. 3
1927 !January . ! 139.9 150.3
1 February 1 149. 8 157. 8March . 154. 6 163. 4
I \pril 152 0 164 5Mav . 144.5 154.7June 146. 8 154. 8July . 144.7 i 150.8August _ 155.8 ! 155.7September - 159. 6 : 163. 0October _ 148.0 ' 159.9November 149. 5 > 161. 8December . . 155. 0 160. 6
1928January.. 160.9 ' 166.5February 169.3 : i 157.8March. 186.6 ! 167.8April 182.8 ; i 174.5
100.099.385. 198. 598. 0
108.3128.6139.0160. 2
142.4142.8
1 159 0145. 7128. 3133. 1
| 138. 7! 143. 51 136. 2
133. 4! 124. 0
140.8
i 145. 4; 157. 5•• 166. 3
159. 2150. 6
! 155. 2i 153. 5i 172. 7i 176. 7i 157. 7
159. 2| 167. 9
175.8! 187. 5
215. 01 206. 5
June !
Phila-delphia
100.0105.195.9
102. 5114.4116.8129.4132. 1
i 140. 0
CJeve-land
100.0116.489. S94. 5
111. 1109.5122.0127.4130. 7
136.2 ; 132.5! 135. 7 126. 6
142.6 I 128.3141.6 ; 130.4
i 129. 1 ! 123. 01 129.4 1 124.0I 138.8 ' 131.9; 125.3 i 126.3! 133.3 ! 125.9
135. 3 1 131. 1131.4 ! 124.7
i jgQ 2 j 1^3 "
139.7 i 136.3145.6 ! 143.2146.3 i 137.9143.6 ! 148.8
| 139.8 1 136.1134. 2 ! 146. 1135.3 1 137.0135.4 i 132.1
! 141.5 \ 131.8! 136.5 i 131.5! 141.2 ! 128.8
141.4 | 130.5
! 148.0 ! 136.8• 146.5 i 139.4i 156.9 1 137.5
159.3 ! 140.8
Rich-mond
100.0112.195. 689.598.896.5
106. 8108.5107.3
111.0117.5115. 3114. 6104.810S. 1116. 799.1
105.4105. 998.0
105.9
107.6109.2109.8112.8103. 3
i 104. 0I 102. 3
107.5110. 9108.4106.5104.8
104.8110.9113.3112.4
Atlanta
100.0115. 684.485.999.9
105. 3124. 8128. 4124. 1
132.9135. 7140.3140. 6125.8123.3131.2125. 6127.8128.0111.7118.0
[121.4130.4125.3129. 4120.7119. 9122.8126.3135.8124.2114. 2119. 1
117.6126. 6126.0124.6
Chicago
! IOG. o116. 192.096. 8
109.0110.8123.8132.1137. 9
135. 5135. 9139. 6137.0130.9132.1134. 5131.3124.3126. 4125. 2132.0
132.0135. 9
i 136. 7142.0141.5139.6133. 1
• 140. 2139.7135. 0137.2141.4
! 145. 4i 147. 4
154. 2159.7
! St.j Louis
! 100.0105. 589.1
i 94 2no! 3110.5124. 1127.3
! 127. 3
129.6128.9
! 129. 9131.6128.0125. S131. 6124.0127. 1125.8125.0120.5
1 122. 1| 126. 8i 129. 7; 127. 2! 127. 0i 127. 7! 123. 8j 126. 6! 130. 5i 126. 0
131. 6129. 1
i 126. 2! 132. 6! 132. 4i 133. 4
Minne-apolis
100. 0108. 582.987.995. 0
I 103. 1114.4
! 105. 3109. 5
103. 5i 114. 5
112.4107.9105. 1103. 6110. 2103. 7100. 1100. 3100. 5102. 3
94.5106. 5
! 103. 9i 104. 4! 105. 6
102.9107.9105.9125.2
i 129. 9121.0106.2
j 100. 6I 115.6i 118.9
114. 6
KansasCity
100.0109.882.184. 189.787.095.4
100.3102.3
96.896.196.998.493.299. 7
114.899.8
100.2102.6101.0104.2
98.9101.399.8
102.598.5
101.4104.2102.2101.3102.7
1 105. 0110.2
> 102. 5i 107. 7
105.31 106. 4
Dallas
100.0118.094.397.9
101.1101.2112.4119.4124.5
116.4124.9123.1122.6111. 6116.8127.9121.0124.3116.9112.3114.8
119.7129.6126.7129.5118.8119.0124.4123.4130.0123.3123.1126.4
123.2133.9132.8133.9
San !Francisco i
100. 0 i123. 4105. 4 :107. 1126. 4
! 129. 4142. 9156. 2172. 4
: 158. 61S3. 4167. 4
s 162.1 j: 150. 0 '! 152. 91 162. 8i 151.4 ;i 151.9 '! 146. 1i 140. 0i 147. 7 |
: 166. 4190. 8182.2l&O. 3167. 1167. 1166. 1163. 4169. 8169. 1173. 3173. 6
185. 0213.7207. 8200.3
1 Compiled from data collected by the Federal Reserve Board, this table supplements similar data published in the October, 1923, SURVEY (No. 26), pp. 51 to 55, andwhich have been carried forward since that issue in the July, 1924, SURVEY (No. 35), pp. 58 to 60, the April 1926, SURVEY (No. 56), pp. 24 to 26, the October, 1926, SURVEY(No. 62), pp. 22 to 24, the March, 1927, SURVEY (No. 67), pp. 28 to 30, and the November, 1927, SURVEY (No. 75), pp. 28 to 30. Subsequent comparable data will appear inthe advance reprints.
2 Compiled from data collected by the Federal Reserve Board, supplementing similar data published in the February, 1924, SURVEY (No. 30), p. 25, and which nave beencarried forward since that issue in the aforementioned issues. Subsequent comparable data will appear in the weekly supplements.
21
INTEREST RATES NEW YORK MARKET
[Per cent]
1909 1910 1911! 1
i i j1913 1913 1914 1915 1916 1917 1918 1919 1930 1921 1933 1933 193i 1935
i1936 1937 1938
TIME LOANS (90 DAYS)
January.. _ 2.65February 2. 78March... 2.65\pril 2. 50Mav --- 2.59June 2. 59July .-. 2.37August 3.28September. 3.65October 4 57November 4 87December ! 4 65
Monthly av 3 26
4.373.633.834.063.943.373.883.754.174.664.694.00
4.03
3.503.192.942.782.782.782.853.193.453.633.594.00
3.132.883.363.563.283.133.504.105.345.705.936.00
3.22 4.16
4.284.315.32
: 4.564.004.254.474.604.655.034.975.18
3.90 I 3.403.06 ! 2.883.00 i 2.882.91 ! 2.912.73 2.902.59 2.633.03 i 2.686.98 '< 2.887.88 ! 2.786.75 j 2.835.53 2.784.05 i 2.68
4.64 4.37 2.85
2.732.752.882.852.943.313.953.313.333.383.224.33
3.25
3.223.753.853.974.564.954.754.385.355.445.445.83
4.62
5.815.816.005.945.885.835.756.006.006.006.005. 73
5.515.615.765.845.705.946.256. 366.036.407.027.60
5. 90 6. 17
7.658.788.448.318.508.318.599.008.487.937.847.34
8.26
7.38 ! 4.887.50 5.007.25 ; 4.667.25 1 4.447.00 4.316. 78 4. 256. 48 4. 105.91 4.275.64 4.615.56 ! 4.985.35 i 5.065.28 | 4.97
6. 45 4. 63
4.694.985.395.415.095.015.255.395.565.205.075.00
5.17
4.774.784.604.504.013.332.942.852.973.073.413.73
3.75
3.733.794.133.953.863.924.034.334.614.944.964.98
4.27
4.794.684.724.294.054.204.444.754.945.004.754.69
4.61
4.504.444.444.444.384.504.444.134.134.324.194.13
4.34
4.384.564.634.94
CALL LOANS (EENEWAL)
January . 1. 81February 2.25March i 1. 84April i 1.92May ! 1. 84June 1.88July 1.82August ... 2.12September '< 2 52October i 4 05November 4.59December 5. 00
Monthly av 2. 64
4.692.772.823.543.632.782.601.531.842.933.503.28
3.442.342.342.332.282.382.382.342.302.282.504.05
2.99 2. 58
T\TnxrTrr
2.502.222.433.162.752.752.912.884. 595.226.436.25
3.67
1920 ! 1921
3.533.314.073.562.772.372.182.322.903.314.254.50
3.26
3.18 2.351.88 j 1.971.91 1.971.84 2.131.83 2.001.84 ; 1.842.41 1.836.50 1.887.00 1.916.80 1.955. 81 1. 973.60 1.98
3.72 1.9S
i 1 11Q22 ; 1923 1924 j
i i
1.901.882.032.082.192.883.102.252 752.632.694.48
2.57
1925
2.032.312.252.412.844.503.502.884.483.663.885.20
3.33
1926
4.444.945. 153.814.695.025.755.806.006.005.785.45
5.24
4.875.025.055.365.346.306.455. 305.627.45
10.438.06
6.27
1927 1928
8.619.388.137.437.107.478.397.267.077.797.787.00
6.727.276.836.546.785.985.585.565.125.234.975.14
7. 78 5. 98
1920 1921
4.524.904.223.973.903.723.863.754.344.734.894.65
4.29
1922
4.324.825.144.874.705.005.064.974.934.754.804.86
4.85
1923
4.394.334.044.213.382.252.102.002.072.322.423.49
3.323.603.973.863.823.974.094.194.624.874.755.32
3.08 4.20
1924
4.334.854.554.063.814.154.274.525.024.754.565.16
4.50
1925 1926
4.324.034.134.184.264.334. 053.683.803.903.604.38
4.06
1927
4.244.384.475.08
1928
PRIME COMMERCIAL PAPER (4-6 MONTHS) PRIME BANKERS' ACCEPTANCES (90 DAYS)
January .__ 6.00 ' 7.75Februarv i 6. 50 7. 75March _ _ i 6. 75 ; 7. 75April | 7.00 ! 7.50Mav . | 7. 50 : 7. 00June ! 7. 75 , 6 50Julv ! 8.00 6.25August _ _ . _ _ _ J 8.00 6.25September i 8. 00 ! 6. 00October ! 8.00 i 5.75November 8.00 ' 5.25December... 1 8.00 '• 5.00
Monthly average 7.46 6.56
4.755 004.754.504.254 254.004.004.254.504.754.75
4.48
4. 50 ; 4. 754 75 4. 755.00 4.635.13 4.505.00 [ 4.385 00 3 635. 00 : 3. 385. 25 3. 135. 38 i 3 255.25 i 3.135.00 ! 3.384.88 \ 3.63
5.01 ! 3.88
3.50 ! 4.383 75 < 4 254.00 4.384.00 j 4.383.88 i 4.003 88 i 4 003. 88 i 4. 134. 13 ] 4. 384 25 i 4 634.38 | 4.634.38 I 4.504.38 ! 4.50
4.03 i 4.35
4.25 4.004 13 4.004. 13 4. 134.13 ! 4.384. 13 ;
4 254.25 : !4.00 i4 00 !
4.004.00 s
4.00 '
4.11 i
5.255 506.006.256 256 256 256. 256 256.256 256.25
6.08
5.886 006.005.635.755 505 255.005 004.504 254.13
5.24
4.004 003.753.383. 133 003.003.003 133.754 004.00
3.51
4. 00 i 4. 13 3. 00 3. 634 00 4 06 ; 3 13 3 634.00 1 4.06 1 3.25 i 3.634. 13 3. 94 ; 3. 13 ! 3. 384. 13 ! 3. 25 1 3. 19 i 3. 254 13 2 31 i 3 25 3 314. 13 i 2. 00 i 3. 25 ! 3. 384. 13 ; 2. 13 3. 25 i 3. 564 13 ! 2 19 ; 3 50 i 3.884.13 2.25 i 3.50 ! 3.854. 13 2 3S , 3. 50 ; 3. 804.13 ; 2.88 ; 3. 50 : 3.80
4. 10 2. 97 ! 3. 29 3. 59
3.693.693.633.633.633 633.503.133 133.253. 253.25
3.45
3.383.503. 503.75
U. S. TREASURY NOTES AND CERTIFICATES(3-8 MONTHS) LIBERTY AND TREASURY BONDS
FebruarvMarchApril. _. . . _ _ ...MayJune _ _ _ . .JulyAugust.Beotember ._ _ . . . . .OctoberNovember ... ...December
Monthly average _
5 305.38 ;
5.205. 10 :
4.99 i4.604.754.75 i4.214.033 90
4.83
3 81 : 3 653. 55 4. 12 :
3.21 i 4.13 ;
3.25 i 3.95 !3.25 ! 3.843.20 ] 3. 90 '3.13 ! 3.863.34 i 4.01 <3. 71 i 4, 223. 66 ! 3. 943 65 • 3 88
3.47 ! 3.93
3 763 543 573.382.992.441.921.902. 142 412.582 57
2.77
2 612 fi'22.782.782.732.863 063. 013. 163 533.653 51
3.03
3 49 3 "3 18 3 29
3.08 i 3.393. 17 ! 3.332.90 i 3.093. 11 j 2 963. 27 : 2. 703.47 i 2.813 58 i 3 OS3.35 ! 3.043 11 3 17
3.25 ! 3.11
3 313 333.273.62
1
4 985 095. 145.355. 655.595 635.735.635 365.545 76
5.45
<5 4S i 4 545 55 i 4 585. 52 1 4. 445.48 i 4.305.49 i 4.275.49 , 4.255 47 4 IS5. 40 4. 185.28 4.225 93 ' 4 33 i4.73 4.434 54 4 42
5.37 i 4.35
4 41 4 394 41 4 294.49 4.294.51 4.244.48 4.154.44 4.014 43 3 944.43 3.924.45 3.954 50 3 934.44 3.984 41 4 05
4.45 i 4.09
4 04 4 044 02 4 014.02 3.983.96 3.943.93 3.933.90 3.903.95 3.933.98 3.953.98 3.964.02 3 954.04 3.914 04 3 84
3.99 3.95
| 2 3 60 3 351 3' 58 3. 361 3. 48 3. 30
3. 47 3. 32! 3.44i 3.47
3.48i 3.45i 3.44 i! 3 43i 3.39! 3 34
1 3.46
1 Compiled by the Federal Reserve Board, except time loans prior to 192-3 and call-loans prior to 1921, which are from Ogle, Dunn & Co. Time-loan rates are those pre-vailing on the New York Stock Exchange for 90-day time loans, while call-loan rates are the average renewal rates on the New York Stock Exchange.
j Beginning with 1927, Liberty bonds are excluded and the average yield is calculated upon 3 issues of Treasury bonds (3%, 4, and 434) to their last redemption dates(1925 to 1958). Prior to 1927, the yield is calculated on Liberty bonds only.
22
MONETARY GOLD STOCKS AND MONEY IN CIRCULATION, END OF MONTH
MONETARY GOLD STOCKS ' MONEY IN CIRCULATION 2
MONTH | 1922 1923 1921 1925 ; 1926i !
1927i
1928 1922 1923 1924 1925 1 1926 1927 19281 ! i
Millions of dollars
January i $3, 685February. __ _J 3, 723March .. ! 3,760April ! 3, 764May i 3, 771June i 3, 785July 3 829August 3 855September ' 3 873October 1 3' 888November ! 3 9^6December ' 3 9^9
Monthly average - j 3, 814
$3, 9533,9633,9703,9824,0284, 0504 0794 111
4 ^364 1674- 9074 24.4
4, 074
$4,289 i $4,423 '• $4,4124,323 j 4,369 i 4,4234,364 ! 4,346 ! 4,4424,411 ! 4,350 i 4,4384,455 4,361 i 4,4334,488 i 4,365 '• 4,4474. 511 i 4, 370 i 4 4714 521 i 4 383 ! 4 4734 5H • 4 382 i 4 4664, 509 4, 407 :. 4 47:-'.4 5° 7 4 397 4 4774 .tuq 4 3M<-» ' 4 4<-.o
4,451 4,379 4.454
$4,564 I $4,373 ! $4,441 $4,6144,586 ' 4,362 1 4,491 4,7034. 597 4, 305 | 4, 497 4, 7474,610 4,267 : j 4,468 [ 4,759
I ! !4, 608 ! | 4, 455 ! 4, 7974.587 ! ; 4,463 : 4,8234 580 ! ! 4, 424 | 4, 7874 588 ' 4 4*0 : 4 8764 571 i 4 008 i 4 9454 ;"41 ' 4. f V H ; 4, 925•i 451 ; 4- 704 ; 5 0184 'J.7C; I 4 ^17 ', 5 044.
4.555 ; „ 4,541 i 4,837
$4, 7774,8874,8994, 8534,9054,8494, 7564 8594 8634, 9425 0525 047
4, 891
$4, 8024,8534,8184,7894,8414, 8154,7954 8674 9164,9695 0445 104
4,884
$4, 841 : $4, 846 $4, 6774,904 4,885 4,6904, 860 4, 862 4, 7494,907 ; 4,891 4,7484, 923 ' 4. 8934, 885 4, 8514, 909 4, 8464 930 4 854
4 978 4 9485,021 4 9405 037 4 9525 095 5 003
4,941 4, S98
1 Compiled by the Federal Reserve Hoard and consists of gold held in the Treasury and Federal reserve banks plus the amount in circulation. Gold held abroad byFederal reserve banks is included, and gold in the United States earmarked for foreign account is excluded. A complete description of these figures is presented in theFederal Reserve Bulletin for December, 1927.
2 Compiled by the U. S. Treasury Department, representing all money hold outside the Treasury and the Federal reserve system, and including gold and silver coinand certificates, minor coin, and notes. Details by classes of money ;ire presented in the monthly circulation statement of the Treasury. These data revise previousfigures and include minor coin, which was not included heretofore. A complete description of the revisions is presented in the Federal Resent Bulletin for December, 1927.
PRODUCTION OF ELECTRIC POWER BY CENTRAL POWER STATIONS AND BY RAILWAYSMANUFACIUSING PLANTS, AND RECLAMATION PROJECTS l
CENTRAL POWER STATIONS
MONTH
1920 1921
STREET RAILWAYS, MANUFACTURINGPLANTS, AND RECLAMATION PROJECTS
192S 1920 1921 1Q22 1923 1921 ; 11)25 1928 1927 192$
JanuarvFebruaryMar ehAprilMayJuneJulv
SeptemberOctober
December
TV a1
"Monthl^1" average
3.4623, 1 4"-1 39 i
3 1-23 2193 ' 973 3U43,. il
3 37.13,411
40 oil3 334
o oo'j
' ^b3 1072, 9' 02, 9919 97-"
3 l.'S3.1133. 3033 3513. 491
o- - ^
3 199
3, 457
3 4't
u ~ 1 ' >
3 5 -v3 5753 7 ~ ' <3. 74' >4.0 74 0/1
4^ 7073 I V )
< 4- 4 ^ 1 - - H-M ~ 7^ G v- b , , 7 j, ;b < M - ,- , 3v,0 ( | " 7 1 4'* ' 1 b"0 " 'M7 " 7 * " ) t > r ' -i • X4 J!A 3 "44 '!' - i t ) " ) " i ' t ' ^ 74 ( > '' t ~* > ' (»i '> ;7 3o64 1 : ^.^4 1, s J A 5, iu ( . . « > , " - -1 J ) , , ^('4 ,»244. ,('-, : 44 s 4,cSS"> 5.42'1 0 12 2-0 j74 3<L' 3 ^ !
4' 1 "(f ^ '~ 5 ( ' " ^ ~t~'" \\ ' '"N ~> VS-> -)11 ^ ^ l
•i - > t 9 4 3 ' * , 5 1 • ~> ' 5 7~0 0 ) H s ^ ^^ 310 - ? p Q4, i s -5 4 ; . ! 5 . 1 " ) ' ,MS *,. i ; 2 » . -M") ' 302 -,204 , 5 , 2 4 . ^ 4 7 5. V>0 o, I f . 1 ) ( . ,4 '*2 2-_ .'5 322 ^ 9 '4 4 " . ; - + 7 1 1 5 ,,97 o 040 ( > -7 '> J 06" 3^,s 3-1 7
4,579 d, ,36 5 723 6. i"2 •' 7 " f t j i ' ^2$ 3^4 56-1
51 5"9 54 c. N 01 -i J1 G^ 7^6. 74 7."iJ. ^ 5 1 4 3 -i '7 o Q"o 4 > 0 " 44 '97 4 5t,° 5 ' ' ^ 5 7,.J f ">' 0 <~, ">^ t , 3">i 3-ij
ro">746
31 1
j _,
22
O i
s^19
413351
o50
' ^ " i'^- ,0-
345
3S9429
4 ilf)
426 -- >-±
4^c, 44-s.400 446
-';j 449
U6 4" i40^ 4J ()42^ i5J13i 4'. 9tu3 -xl 1
5 f T G " i r n
417 i54
v,Q46S479
MISCELLANEOUS DATA
, 1924
January 27, 490February '(> 740March .. 21,^00Anril 20.4"»0
POTASH
Production in France i
1925 1928
27,200 31,3722->,000 2-, 23029,000 0-1, < > " 220. '300 28, .'99
1927 1928
Metric tons, I
3l', s'">r 3V'"->3J/)27 34 -'<} 12 ,740 .
SALTS
Sales in Germany 2
i i1924 1925 | 1926 1927
^2O content
7 > 10S ' 20 \0 J s > ^5 "uO 1S2,6600^ S3-) , 1-^3, (-e'0 139.397 ! 114.970: * » , 0 ( 6 , b f . M 3 5'j, 9 f ' » "0. 955
1928
202.010208, 400161,46067,414
AIK MAIL 3
Weight dispatched
192G 1927 ; 1928
Pounds
32,510 ! 144,289433 ! 35.037 ! 153.363435 | 42J111 i 173,929578 j 45.856 !
June..July....August-
September..
Sl..l^ 32,404 i 102,051!
22,300 26,0(0 2S,4"6 3 1 , M O ' l - 7 , i 7 i | 1-»1,272 S2, >°< 11^,029 35,246 j 146,486
30, .047S 7117:,0' .54, MS
42,070 153,649 ;
1 Compiled by Potasses D'Alsace, the French Government office having charge of potash mines in France.2 Compiled by the Kali Syndicat, controlling the German potash market.s Compiled by the U. S. Post Office Department, showing total weight of mails dispatched by air since the inauguration of the air mail in February, 1926. The depart-
ment's monthly statistical report on this subject also shows length of route, frequency of trips, miles of service, and payments to contractors for each route.
23
WHOLESALE PRICES BY STATE OF MANUFACTURE
MONTH
JanuaryFebruaryMarch.AprilMay .JuneJulyAugustSeptemberOctoberNovemberDecember
Monthly average
RAW MATERIALS
1923 1924 1925 1926 1927 9925
SEMIMANUFACTURED ARTICLES
5 1923 1924 1925 1926 1927 1928
FINISHED PRODUCTS
1923 1924 1925 1926 1927 1923
1926 monthly average=100
102.3103.2102.8100.798.196.594.595.298.097.797.096. 6
9S.5
97.998.296.596.394.493.395.997. 997.199. 3
100. 1103. 2
97.6
106.9 105.9107.8 ! 103.7108.0 i 100.9103.9 i 100.6104.1 1 100.6106.3 i 100.0109.0 j 98.5108.0 1 97.8107.3 i 99.3106.3 i 99.5107 4 1 98 2
97.3 1 100.96. 0 99.94. 0 97.92. 7 100.93.994 194. 7 '• .97.5 j99.999.5 i99. 0
105.7 ! Qfi .9 j 99.2
106.7 ; 100.0 96.5 :
2 111.61 i 117.39 j 125.81 1 128.3. ! 125. 2
: 120 61 116.3
.. ' 112.2
.. 116.0__ i 117.0
11 G. 5._ 117.3
115.1115.6114.3110.6106.3102.8102.4105. 5106.0107.3108.9109.7
no. i109.3108.0104.5102.5102.6102 9104. 4105. 0104. 5105.3104.3
.. 11^.6 108.7 105.3
104.0103.1101.099.498.398.598 799.6
100. 499.198. 998.9
97.896.696.695.996 095.695 797.398.697.697.097. 7
100. 0 96. 9
97.797.197.897.9
-------
i 100.4101.3102.6102.5101.099 998.597.498.698.196.896.6
! 99.5
98.698.797.796.295.595 094.795.696.296.797.699.9
97.0
99.9101.4101.8100.7100.4101 2101.5101.2100.7101.4102.1101.5
101.2
102.1101.0100.199.9
100.7101 1100.299.699.999.398.498.4
100.0
95.995.894.694.193.693 493.593.494.095.595.395.3
94. 5
93.994.894.895.9
1 Compiled by the V. S. Department of Labor, Bureau of Labor Statistics.
WHOLESALE PRICES: STRAITS TIN, NEW YORK
MONTH1913 1911 1915 1916 1315 1s)H 1019 ! 1020 IK. ] 1923 ' 1913 1924 1925 1926 19-47 1923
DoIIirs per noun 1
May .4911 , . S3::0June .449.; ' .30').July i .10P-9 .317oAugust ' .4172 ,50,/JSeptember .4217 .32,"9October .4'!5'J .3039November . 3 )M . 3:J-.~0December . 27Hi . S.'J/J
. 02bO .V»s!i'» ' .7t)o9 . 4937
.T2G, .vtOOO ' .r,37S .4769.3S70 ] .f>U;S .s:-'»0 . .".1 S .440?.411.) I .MS5 .,M'h,() . :..V,L I .40»U.4417 i .7442 .7400 1 .5417 \ .'\7(r2.-i'2'v | .C"/5;) .7150 , .:.:.'Jo i ,3il5 j ,321'J
CORN SIRUP AND STARCH1
[In T nous-mi ; of pound.']
1318 1920 1923 1924 1935 1828DISTRIBUTION
CORN SIRUP (GLUCOSE)
1937
Mixed sirup 635,783 jManufacturing confectioneries i 412,388 iJams, jellies, and preserves ! 29,944 iBakers ; 33,161 |Brewers (body sirup) i 24,512 I
STARCH
293,477481,98722, 99557,33613,081
Bakers and millersBaking powder iB rewers (refi nee! grit s) ._ConfectionersChemists, colors and explosivesDextrine, makers and founders [
Paper, paste, asbestos, etc ! 25.667Dealers and repackers (bulk) i I09J 782Grocers (packages) j 121,988Laundry (bulk) | 12,496Cotton mills, etc ; 65,018Miscellaneous ! 9,033
Total distribution. 699,401 ! 671,191
20,35042, 828
2,66426,80027,20026,284 I
45,203 :
66,471148,64921,747
110,34241,447 :
19,46954,3881,723
31, 88931,85630,602
51,379668,883140,29117,195
106 93043,873
19,84044,0981,06933,14226, 63144, 771
55,40958,404143,26914,311111,55541,660
594,159241,592
1,024,210 798, 922 835,751
23,69148,6524,14232, 65029, 58052,615
71,62141,664134,71415,177150,53145,108
650,145256,332
906,477
i Compiled by the Associated Corn Products Manufacturers, comprising total distribution of these products by manufacturers.
24
TREND OF BUSINESS MOVEMENTS
The following table contains a summary of the month!}7 figures, designed to show the trend in importantindustrial and commercial movements. These data represent continuations of the figures presented in thelatest semiannual number (February, 1928), in which monthly figures for 1926 and 1927 may be found, togetherwith explanations as to the sources and exact extent of the figures quoted. The figures given below shouldalways be read in connection with those explanations. Data on stocks, unfilled orders, etc., are given as of theend of the month referred to. For explanations of relative numbers, including base periods, see introductionon inside front cover.
The cumulatives shown are throughApril, except where otherwise noted.Earlier data for items shown here maybe found on pages 24 to 138 of theFebruary, 1928, "Survey"
TEXTILES
Wool
Receipts at Boston:Total-. thous. of lbs._Domestic . .. _.thous. of IbsForeign thous. of Ibs
Imports:In condition imported thous. of l b s__Grease equivalent thous. of Ibs..
Consumption by textile mills,grease equivalent thous. of Ibs
Stocks, grease equivalent, end of quarter:Total thous. of IbsHeld by manufacturers thous. of lbs_.Held by dealers thous. of lbs._
Machinery activity, hourly:Looms-
Wide-. . _ _ per ct. of hours active..Narrow per ct. of hours active..
Carpet and rug per ct. of hours active..Sets of cards per ct. of hours activeCombs per ct. of hours active..Spinning spindles —
Woolen .per ct. of hours activeWorsteds per ct. of hours active .
Prices:Raw, territory, fine, scoured. dolls, perlb..Raw, Ohio and Pa. fleeces,
% blood, combing, grease.. -dolls, per lb_.Worsted yarn dolls, per IbWomen's dress goods, French
serge, 39 in dolls, per vdSuiting, 13-oz dolls, per yd..
Cotton
Receipts into sight thous. of bales .Imports, iinmRTuifantiirfid balp^Exports, unmanufactured (inci. linters). .bales..Consumption by textile mills .bales _Stocks, domestic, end of month:
Total, mills and w'houses. .thous. of bales..Mills _ thous. of balesWarehouses thous. of bales
Stocks, world visible, end of month:Total thous. of bales.,American thous. of bales
Prices:To producer, all grades dolls, per IbIn New York, middling dolls, per Ib
Cotton Yarn
Machinery activity of spindles:Active spindles thousands . .Total activitv millions of hoursActivity per spindle hoursRatio to capacity per cent--
Car ded sales yarn:Production thous. of IbsStocks, end of month thous. of Ibs. _Unfilled orders, end of mo thous. of l b s__
Prices:22/1 cones, Boston dolls, per Ib40/ls, southern spinning dolls, per lb._
Cotton Goods
Cotton textiles:Production thous. of yds. .New orders -thous. of yds..Shipments -thous. of yds..Stocks, end of month thous. of yds. _Unfilled orders, end month.. thous. of yds..
Fine cotton goods, production .pieces..Cotton cloth:
Imports. .thous. of sq. yds..Exports thous. of sq. yds..
11927 |
D?T- I *««><>«•t
15,442 : 17,2818.794 S. 0446,648 9,237
17,924 24.75920, 506 ! 28. 353
41 691 45 0^7
s 303 5^33168,4583 135,210
63 6258 5268 68
71 75
77 7865 6G
1.14 1.17
.49 : .501 40 l 43
1.00 '. 1.001.917 ' 1.935
1,660 89841 211 41 445
767, 314 728, 935543, 598 582, 417
7,363 ; 6.7211, 707 1, 7075 656 5 014
7,501 ' 7.1636,041 5,470
. 187 • . 186
.196 : .190
31,715 '• 31.6987, 859 8. 259
215 i 22794.3 101.5
21, 160 IS, 93412,880 ; 13,44440,115 ; 38,287
.371 ! .369
.522 | .523
372,042 1 297,669374,581 : 194,114328,076 266,947336,501 367,223386,726 ! 313,893468,823 : 401,676
5,565 ' 6,47241, 117 | 34, 963
1928
Febru-ary
18, 0856,399
11,686
21, 30523, 646
48, 324
60
67
80
7768
1.20
.521 50
1.001. 953
63338, 200
634, 890573, 810
5. 982I, 6094 313
6, 7025,. 020
170.185
31, 6877, 969
220101.2
18 64213,61138, 457
.360
.494
300, 323256, 328285, 404382, 142284,817429, 095
5. 81333, 380
March
2 24, 7062 6, 49818, 203
29, 47333, 120
46, 757
s 261, 7493 175, 876
3 85, 873
57687970
61
1.20
l! 53
1.032. 008
71541, 433
614. 428581, 318
5, 104I, 5933,511
6. 2734, 543
178.195
31,4138,312
23196. 8
22 598, 13, 475
33, 030
. 366
.483
' 358, 025; 349, 855
337, 573402, 594297,099461,429
7,92142, 237
19
April March
21,346 27,4368, 138 8, 600
13,208 18,836
20.474 : 33.45723,600 ; 37,617
38, 855 54, 262
3 00] fi=)-r
3 if i l 7083 i'->q Q4S
58 6151 6371 6678 8064 81
75 7756 60
1.19 1.08
.53 .441. 55 1. 38
1. 03 . 982.003 1.913
714 1, 28718, 196 , 41, 267
485, 219 1, 129, 537525, 158 693, 081
4, 429 6. 4591,508 1.9762, 921 4, 483
6. 023 7, 7954, 102 6. 178
187 195. 203 . 144
30, 965 i 32. 9207.416 ' I 9,638
206 26094.8 ; 109.8
.366 ; ; .312
.480 j , .458
286,005 ; 277,052335, 117 i 296, 165270,172 i 305,134418,427 i 162,438362,044 ! 445,171255,949 i 551,323
6,418 5,71739,831 i 44,553
i PER CENT IN-2T || CREASE (+) OR , :
! DECREASE ( — ) , ;
April
28,0259,522
18,503
29, 239 ;33! 177 i
43.971 :
60677877
63
1.08
.431.35
.981.913
87738, 053
855, 449618, 279
5, 5011. 8913 070
7. 3805,718
.123
.146
32, 8878. 788
'238105. 6
.312
.446
237, 185252, 301222, 942176, 681474, 530492, 467
6,36954,236 i
Apr.,1928,fromMar.,1928
-13.6+25. 2-27.5
-30. 5— 2S. 7
-16.9
13 3
Apr.,1928,fromApr.,1927
-23. 8— 14. 5-28. 6
-30.0— 28.9
-11.6
10 2—4. 4 +8. 8
—35. 5 —33. 9
-fl .8-10.5-4.4
-S.Q
-1.3-8.2
— . 3
J-l Q
+1.8-15.0+6.0
0.0-16.9
—2. 6-11. 1
4-10.2
4- "3. ?,+1.3 | +14.8
0.0 4-5.10. 0 -t-5. 0
l
-. 1 -18.6; _ no. i —52. 2-2l! 0 i -43~! 3-9.7 | -15.1
-13.2 -2'j. 4: -'•,. 3 -20. 3
16 8 ! °<! 4
i -4.0-9.7
+5. 1+4.1
' -1.4-10.8— 10 8
-18.4— 28 3
+52. 0+39. 0
-5.8 :
— 1.°, 4-—2 1 —10 2
0.0-.6
-20.1-4.2
-20.0' +3.9
+21.9-44.5
-19.0, —5. 7
j iPer ct.CUMULATIVE TOTAL j i m'
FROM JANUARY i j j creaseTHROUGH APRIL 30 (+)
!'; or de-crease
1927
104,897 '30,730 :74,117
124,310139,511 '
190, 560
4. 951175, 906
4,111,2852, 504, 115
! (-)i cuinu-
IQ9S i 1 lativeiy'* | 1928
! from; 1927
31,418 ; -22.429,079 ! —5.552,339 ; -29.4
96,011 | -22.8108,719 • -22.1
179,023 \ -6.1
2,960 -40.2139,274 i -20.8
2,460,472 i -40.02,202,703 -9.6
+17.3 i+7.6
+20. 6 ;+32. 8 !+21.2 i
+136.8 1-23. 7 1-48.0 i
+.8-26. 6 i
975, 7811, 195, 9211, 046, 334
1, 909, 250
21, 841174, 482
1,242,022 +27.31,135,414 ! -5.11, 160, 096 +10. 9
i
1,548,149 -18.9
26,624 +21.9150,411 ;i -13.8
8 Revised. * Quarter ending in month indicated.
25
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives shown are throughApril, except where otherwise noted.Earlier data for items shown here maybe found on pages 24 to 138 of theFebruary, 1928, "Survey"
TEXTILES— Continued
Cotton Goods— Continued
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- .
Cotton FinishingWhite, dyed and printed (outside mills):
Billings, finished goods thous. of yds..New orders, gray yardage thous. of yds..Shipments, finished goods cases. .Stocks, finished goods, end mo cases. _Operating activity per ct. of capacity. .Unfilled orders, end of month .days..
Printed only (cotton mills andoutside) :
Production . thous. of vds..Stocks, end of month thous. of yds..
SilkIIP ports raw thous. of IbsDeliveries (consumption) _ _ _ _ _ _ _ bales. .
1937
Decem-ber
11, 9491,133
.080
.105168
77, 88569. 83643, 28741, 059
593.9
48, 574
7, 54142. 257
Stocks, end of month:At warehouses _ _ . bales 53 540At manufacturing plants bales..
Silk machinery activity:Broad looms per cent of normalNarrow looms .per cent of normal .Spinning spindles per cent of normal..
Price,' Japanese, 13-15, New York.dolls. per lb._
RayonImports thous. of Ibs. .Stocks in bonded warehouses,
end of month .__ thous. of IbsPrice, 150 denier, A grade, N. Y._dolls. per lb._
ClothingMen's and boys' garments cut:*
Suits thous. of garmentsSeparate trousers thous. of garments..Overcoats thous of garments
Overalls:Cut dozen garments..
24, 282
93.051.879.6
4.998
1, 764
2. 5-191.50
2, 0951,902
261
Net shipments dozen garments..!Unfilled orders, end of mo.dozen garments..
HosieryProduction __ -thous. of dozen pairsNet 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..
Knit UnderwearProduction thous. of dozen garments. _Net shipments thous. of dozen garments..Stocks, end of mo thous. of dozen garments. _New orders thous. of dozen garments..Unfilled orders, end
of month thous. of dozen garments..
Burlaps and FibersImports:
Burlaps thous. of Ibs..Fibers (unmanufactured) long tons
Pyroxylin Coated TextilesPyroxylin spread thous. of lbs_.Shipments billed thous. of linear yards..Unfilled orders, end of
month thous. of linear yards..
FurSales by dealers .thous. of dollars.
ButtonsFresh-water pearl buttons:
Production ratio to capacity..Stocks, end of month thous. of gross..
Ocean pearl buttons: *Production number of gross. .Shipments .number of gross..New orders.. number of grossStocks, end of month., _ .number of gross.
3, 3863, 6467, 6403, 1835, 395
973959
1, 100924
1,925
44, 45123, 862
3.5022,785
2,979
8,713
45.19,662
205,511220, 308236, 678475, 697
January
16, 0401,159
.080
.098166
68, 73775, 66544, 67340, 751
624.7
49, 826
7. 40552 420
47, 52826, 700
94.650.777.3
5. 145
1, 366
2. 915I. 50
2,2072,021
269
353, 790294, 23199, 039
3, 5783, 0337. 9833. 1095; 380
1, 022917
1, 2021,309
2, 313
48, 92239, 268
4, 0683,051
3,588
7,081
48.810, 902
189, 864223, 095300, 605565, 248
1938
F^- March
j
16,924 j 18.8541,374 i 1,627
.077 ! .076
.095 j .092163 j 161
78, 786 i 89, 74079, 184 ! 81, 32849.035 51.49538,698 ! 39,787
69 ; 695.2 ; 4.8
j
64,015 75,72574, 326 ! 75, 153
6,617 0. 72'50, 679 52. Oil
41, 677 40. 18627, 567 2.', 096
99. 1 9v 850. 6 52. 579 1 ( 7 7
5. 2M2 :. 104
1.146 ' 1, OSG
3, 048 : 3, 9031.50 1.50
:
2,445 i 2.2652.043 I 2.033
280 I 280
376,887 i 372,498352,708 ! 253.736105,970 ! 97,. 344
3 603 3 8083.279 : 3,8088.466 I 8.4943.137 ; 3.3635,107 4,532
1.132 i 21.2151.042 21,1941,209 : 1,2501,025 : 1,208
2, 275 : 2 2, 251
66, 109 63. 90128,493 ' 32,882
4.752 : 5,6703, 654 4, 469
4,715 ; 4,499
13, 919 14, 572
51.1 51.910, 748 10, 914
233. 393 225, 053258, 195 229, 397336, 045 236, 835577, 789 585, 268
April
1, 332
.076
.091161
75, 37863, 31643, 37840, 876
644.5
69, 37878, 151
6, 56141, Cr-i
3"), 4S3
8*>. 549.8r4 2
5. 390
844
1.50
1, 095"916
1, 282875
2,230
62, 051)23, 682
4, 6363, 705
3, 817
50.710, 949
219, 571207, 220215, 522389, 822
1937
March
16,651
.069
.081146
10s*. 067102, 32759, 51936, 178
b26.8
7,011' 49, 242
33. 11621. 193
! 90.160.481 2
! 5. 733
1, 718
1, 0741. 45
! 2, 5742, 984
343
4, 1594. 2517, 3424. 2255, 530
: i, 1981, 1641.2981,282
2, CIS
39. 83029. 096
4, 2753, 426
2,781
23 885
50.09., 819
184, 946230, 962195, 264557, 770
April
17, 238
.068
.081146
91, 67585, 32351, 86938, 275
786.2
6, 41847, 853
31. 749
86 4f2. 679 7
6 125
1,518
1. 02°i.:o
1. 9322. 039
3,7093, 6187,7583. 9635,807
1,1081, 0131 395
949
2, 566
50. 27143, 437
3,5592, 752
2, 995
17 544
50.99,900
209, 227210, 455203. 227539, 676
PER CENT IN-CREASE (+) ORDECREASE ( — )
Apr.,1927,fromMar.,192S
-18.1
0.0-1.1
0.0
-16.0i -16.0
-15.8! +2.7! -7.2| - 6 . 3
' —8 4! +4.0
-2.4-20.7
— 11. 7
10 4-5. 1
+3 8
-21.9
0.0
: -9. 9-23.3-V2 6
-27.6
-2.2
-2.9-28. 0
-18.8-17.1
-15.2
—2.31 +-3
-2.4-9.7-9.0
-33.4
Apr.,1927,fromApr., '1927
+11.8+12.3+10.3
-17.8-19.9-16.4+6 8
— 17. 9-27.4
_i_2 2 \-13. 8 :
+11.8
' 9 4 '-20.4 ;
19 41° 0
-44.4
0.0
-1.2 !
—9. 68 1 [
-7.8
-13.1
+23.4-45. 5
+30.3+34.6
+27.4
—.4+10.6
+4.9-1.5+6.0
-27.8
CUMULATIVE TOTALFROM JANUARY 1THROUGH APRIL 30
1927
4 44, 618
1928
4 51, 818
358. 806367, 655209, 292
312, 641304, 493188, 581
27. 0741SS, 262
4,788
4 7? 2274 G! 767
4 948
* 11.480* 10, 838
* 11, 594
4, 1773, 907
4, S20
187, 218123, 176
14, 43810, 777
4 57, 524
735, 830885, 395
1, 103, 861
258 944
27, 348190,308
4. 436
4 6, 9174 6, 097
i §09
4 10, 9894 10, 120
* 9, 609
4, 4674,069
Per ct.in-
crease(+)
or de-crease(-)
cumu-i lative
1928from1927
+16.1
-12.9"' -17.2; -9.9
+1.0+4.3
-7.4
-4.3-9.919 8
-4.3-6.6
-17.1
i +6.9; +4. 1
4, 417 -8. 4
240,975 +28.7124,325 ; +.9
19,126 , +32,514,879 ! +38.1
4 35, 572 : -38.2
867,881 I +17.9917,907 : l +3.9
1,089,007 -1.3
• See table on p. 48 of the May, 1928, issue for earlier data. 2 Revised. * Cumulative through Mar. 31.
26
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives shown are throughApril, except where otherwise noted.Earlier data for items shown here maybe found on pages 24 to 138 of theFebruary, 1928, "Survey"
IRON AND STEEL
Iron
Manganese ore, imports thous. of long tons..Iron ore:
Imports • thcus of long tonsShipments from mines thous. of long tons.Receipts —
Lake Erie ports andfurnaces thous. of long tons
Other ports . thous. of long tonsConsumption thous. of long tons..Stocks, end of month —
Tot al t lious . of Ion g t ons _ .At furnaces thous. of long tons..On Lake Erie docks .thous. of long tons..
Pig-iron production:Total United States thous. of long tonsMerchant furnaces thous. of long tons..Cpnad'1 thous. of long tons
Furnaces in blast, end of month:"Furnaces numberCapacity lone tons prr dav_.Per cent of tot0,1 per cent
Ohio grav-iron foundries:Meltings—
V-rual . long torsXonp'd loiif ten1'Ratio to normal per cent of normal ._
Stocks, end of month _ _ p t r cent of nonnul.-
]\ I all e a b 1 e ca sti n gs :Production-.". short tons..Oper^im: ^r- t ivi tv T - , < - r ct of cppa;-itvShipments short tonsNo w or c lers si ic-rt t ons . .
Wholesale prices:Foundry No ^
northern _ . dolls, per long ton..Basic (valley furnace; .-dolls, per long ton..Comi)o^itA ]^'J "'Tf-n dons per Ions' ton
1927
Decem-ber
132
3. 992
30. 9736, 604
9 rt%70S
03
16986, 835
4"* ">
10, 99415,342
71. 610558
44,J81
40*20945,920
19. 0117.00"K 27
Cast-Iron Boilers and Radiators
Round boilers: iProduction tl js ..fibs.. 10,023Shipments ti < rs o i 1 ! ^ ' 13 185New o^'dcr*5 T .,< it ( f 11 s : 11 340Stocks, end of month " !i IB u i l l a . . . 95,453
Square boilers:Production t1 'is <d Ibs i 18 °65Shipment Q t^ iors ol It s : *?i w?New orders ' h c ^ s ot 11 s_.Stocks, end of month the us e l ibs..
Radiators:Production. .thous. sq. ft. Hat i rusu f icc_.Shipments_. -thous. sq. ft. hea l ing su^ace..New orders. .thous. sq. ft. heating su'^ce..Stocks, end of
month thous. sq. ft. heating surface..Gas-fired boilers:*
Shipments -- dollars-
10,78197, 019
] 1 , 53913, 19311,772
53, 793
Shipments thous. B. t. uProduction thous. B. t. u iStocks end of month thous. B. t. U-.i
Crude SteelSteel ingots, production:
United States, totaL-.thous. of long tons..Ratio to car>acit^T per cent..Canada thous. of long tons. .
U. S. Steel Corporation,unfilled orders, end mo. -thous. of long tons..
Steel castings :fProduction-
Total short tons. _Rnt io to capacity per cent-Railroad specialties short tons..Miscellaneous short tons. .
New orders-Total short t ons. .Ratio to capacity per cent..RaPro-}d specialties ^hort torsMiscellaneous short t ons. _
Sheets, black, blue, galvanized, andfull finished:
Production —Total . -. net tons..Ratio to capacity per cent
Stocks, end of month —Total net tons..LTnsold net tons
Shipments net tonsNew orders net tons..Unfilled orders, end of month net tons..
3,1766696
3,973
58, 34640
19, 35838, 988
77, 076
39. 11237, 964
260, 13075.9
150, 10452, 474
221, 689530, 197745, 393
January
9
251
4,303
33,35027. Of.2
6. 2SS
71565
18590. 640
52 9
in! 09786. S
120""ss
£0, 09641.9
44 4 ON49,251
19.0117.0018 37
9, 0371 1, 00911,51179, 400
°4 74319 'xi°
; 18,230; 120, 522
12, 5S110. 661
9., 990
48, 714
96, 58986, 892
i 132 733846, 845
3, 9918184
1 4, 276
274,08251
28. 7142 45. 308
291,07263
: 41, 276. 249,796
316,54189.6
170, 45359, 508
274, 126302, 921694, 197
1928
Febru-ary
18
230
4, 395
29. 00323.0155;988
2 QOO
65
187100. 060
53.6
i ;.. 2:015, 2!5
IG-l 0
105
54, 03102 3
4^ 'V,351,414
19 0117. Ou
13,34110. 62010, 56681,894
'"•0 pr.g\< Qf jO19. 466
131,341
14. 7749, 357
12, 139
54, 353
198, 824103 250165,9018*0, 423
4, 0458699
4,398
2 87, 32360
37,7192 49, 604
2 90, 6772 63
41,0962 49, 581
330, 56598.7
169, 91855, 594
298, 420266, 210667, 054
March
13
163
4, 808
24, 25918. (1915,568
3, 200612
78
197104. coO
56. 8
12! 123l i r> n
149115
57, 64967. 0
5i;: 25450, <V
•9.0117.00is. :o
15.63110, 40711,23587, 666
36 5-14liV 47417, 006
151, 678
18,0397. 9948, 792
64, 467
177,859147 845217, 385923, 617
4,50889
118
4, 335
2 92, 80664
238,4482 54, 358
2 82, 53657
2 30, 9922 51,544
366, 127103.0
163, 84653, 144
359, 532399, 441
i 675, 196
i
April |
14 I
2256 i
4,781
17, 57014,3885,182 ;
3,186630
195104,015
56.9
19, 03917. 579
10S. 0143115
52, 00461.0
52 3,x350, 296
19.0117.0018. 40
12.4529,2809,554
90,529 :
28, 9941 "> 78715. ,^2
164, 514,
13,651
8, 928
70,815
1927
March
23
197
5,031
24, 80919, 56.9
5, 240
3,483808
76
223113- 435
61. 3
20 3892l' 087
96. 69684
61.94561. 5
60. 36350, 056
20. 2618. 4019. 79
27, 66915, 86419, 404
101, 393
25, 43713 13216, 085
101, 042
17, 2618, 965
11, 588
48, 714
April
30
2401, 560
733
5: 019
20. 75316. 0504, 703
3,422784
220112,955
60.4
19,18921, 159
90.69979
55. 31855.3
53^ 002
20 2619. 0020.04
23, 71919. 35217, 627
106 225
20, 44216 16415, 610
105, 300
15, 32610, 59410, 873
53, 598
PER CENT IN- CICREASE (+) ORDECREASE ( — )
Apr., Apr.,1928, 1928,from ! fromMar., Apr.,
1928 ! 1927 \
+7.7 -53.3 :
+38.0 ; -6.2! —99.7
— 100 0—99 7 i
1 -.6 . -4.7
—97 n — 1 5 3 : !
—23 0 —10 4I _(;,9 ; _!_iQ 2
1 -.4 : -6,9 :
i +2.9 -19. G i :
< —i o —11 4
-4_ o 5 8
i +42.6 -.8+45.0 -16.9
! —1 R -U19 2
i -4.0 +44.4 ...i 0. 0 +45. 6
_9.8 — 6 . 09 8 4-10 3
i -10.1 -7.4-11.2 -5.1 ;
i 0 0 — 6 2Q O —10 50 0 8 2
i -20.3 -47.5 •i -10.8 -52.0I -15.0 ; -45.8
+3 3 [ —14 8
-18.1 ; +41.8 ' :
; —8.4 i — . 2+8. 5 i +56 2
-24.3 i -10.9-5.7 -28.8+1.5 -17.9
+9.9 4-32.2
iPer ct.'MULATIVE TOTAL in'FROM JANUARY i creaseTHROUGH APRIL 30 i ( + )
or cie-; crease
(-)cumu-
1927 1928 | ]f ge
from
93 54 -41.9
863 i 869 . -.71,560 ! 6 -99.7
733 i 0 -100.0316 : 6 -98, 1
18,808 ; 18 ;2N7 -2.8
12,950 , 12, 156 ' -'v. 1
°'256 • ~2b3 -riu' .5
66.292 61.641 ! -7.055,571 4>. 921 ; -12.0
223,599 213,780 -4.4
211,939 20', 34S — '::. 6
88, 754 50, 4f I —43, 164,038 41,310 — o-". 562,911 : 42,869 -oi.9
87.868 ' 119.349 -35.3pn 9°^ 6^ '"•'•'' 'u 555,064 70. 2v> -27.6
61,655 59,040 -4.238,863 35.553 -8.539,094 39.849 —1.9
4,30391
113 |
3,872
i83,795 i
58 '•32,54051, 255
81,835 i57 :
32,722 ,49,113 i
327, 90997.8
163, 05353, 853
327, 674284, 070571, 761
4,53591
107
3,553
102, 83671
41,23261, 604
90, 04162
34, 68055, 361
359, 340108.8
160, 35746, 827
338, 436345, 900510, 924
4,127
109
3,456
94, 67766
39, 18955, 488
81, 04456
32, 27948, 765
316, 100103.1
169, 97746, 901
300, 858292, 965491, 290
-4.5 +4.3+2 2 ; +58-4.2 +3.7 ; :
— 1 0 7 + 1 2 0 > :
-9.7 i -11.5 '—9 4 ; —12 1
-15.4 -17.0-5. 7 -7. 6
-.8 ; +1.0 : !
0.0 +1.8 ; L _ _+5.6 +1.4-4.7 | + . 7 | j
-10.4 ; +3.7 | 1,—5 0 —5 1 : '
-.5 l -4.1 " .+1 3 +14 8-8.9 +8.9 : 1,
-28.9 -3.0 ! 1,i -15.3 +16.4 L _ _
16,264 : 16,8-17 —3.6
331 i 414 —25. I
373,514 338,006 -?. 5
149,780 137,421 -S. 3223,734 : 200,585 -10.3
373,547 346,120 -7.3
161,775 i 146, OS*'1, -i». 7211,772 i 200.034 — 5 . 5
214,467 : 1,341,142 —10.4
139, 725 1, 259, 752 +10. 5142,173 1,252,642 , +9.7
* See table on p. 18 of the April, 1928, issue for earlier data. t See table on p. 20 of the March, 1928, issue for earlier data. 2 Revised.
27
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives shown are throughApril, except where otherwise noted.Earlier data for items shown here maybe found on pages 24 to 138 of theFebruary, 1928, "Survey"
IRON AND STEEL— Continued
Crude Steel— Continued
Steel barrels:Production barrelsRatio to capacity. ._ _ . per cent..Shipments barrelsStocks, end of month barrels _Unfilled orders, end of month barrels..
Track work, production short tons..Iron, steel, and heavy hardware
sales rel. to Jan., 1921Lock washers, shipments thous. of dolls..Wholesale prices:
Steel billets, Bessemer. .dolls, per long ton..Iron and steel, comp dolls, per long ton..Structural steel beams. ..dolls, per 100 Ibs..Composite finished steel .dolls, per 100 lbs_.
Fabricated Steel Products
Structural steel, fabricated:*New orders (prorated) short tons.,Ratio to cnoac'itv per centSbipm^r's (profited) short ton^Ratio to capacity per cent
Steel plate, fabricated, new orders:Total short tons _Ratio to capacity ner cent
Steel bars, cold finished, shipments* tons..Steel boilers, new orders:
Quanti ty numberArea thous of sq. ft
Steel furni ture:Business group-
Shipments thous. of dolls _New orders thous. of dolls..Unfilled orders, end mo.thous. of dolls..
Shelving-Shipments thous. of dolls
Unfilled orders, end mo.thous. of dolls..Iron and steel:
Exports lone tons..Import^ long tons
Enameled Ware
F( rcclt- in Hut ware:New orders.—
Tot'i1 thou^ of sq ftRat io to capacity per cent..
Shipments —"Tot'-d thous of sq ftRatio to C' i ' ipci ty per cent
Machinery
Vacuum cleaners, shipments (qtly)... number..Washing-machines, shipments:
Total numberElectric number
Wnter softeners, shipments unitsWater svstems, shipments . • unitsPumps:
Domestic shipments —Pitcher, hand, etc. ._ ... ... unitsPower, horizontal type . . units
New orders thous. of dollsShipments.. thous. of dollsUnfilled orders, end mo.thous. of dolls. _
Agricultural machinery and equipment:Shipments —
Total rel. to 1923-25..Domestic rel. to 1 923-25. .Foreign rel. to 1923-25. _
Production . . rel. to 1923-25Foundry equipment:
New orders rel to 1929-24Shipment? rel. to 1922-24Unfilled orders, end mo rel. to 1922-24..
Stokers, mechanical, sales:Quantity _ . numberPower horsepower _.
Machine tools:New orders rel. to 1922-24Shipments rel to 1922 24Unfilled orders, end of rno-.rel. to 1922-24..
1927
ber
i
444,227 \ 475, t40.6 : 42
454,638 i 474,152,606 i 54,2
1,308,365 1,351,79,139 ! 9,2
166 ! 1183 j 5
33.00 ! 33.35. 10 1 35.1.80 i 1.2.46 | 2.
262, 500 i 213/70
240,000 ! 210, (64 i
35, 658 35 "44 1 4-
13.367 ; 11, ,28,497 ; 45, (
1 nr)4 : 1 (
1928
Febru-' ary
06 518, 944.7 46. 259 514. 36253 58, 93597 1,417,62732 11,371
57 15819 236
00 33. 0027 35. 5780 1. 8547 2. 52
"50 266, 25057 71
>00 2 932, 50056 62
"87 49, 820. 8 62. 401 25, 532
)10 40,354
u.9 nan
March
636, 85555.1
644, 52151, 269
1, 343, 58315, 058
187293
33. 0.')35.81
1. 'JO2.54
258, 75069
2 232, 50062
2 45, 50557. 0
24, 59639, 957
2 1 947' 906 8^9 1 1 f>5 2 1 337
2,741 : 2,f
2,850 ! 3. i1,414 : 2, (
578 : f; 619 :
606 i t
168,428 205,55,070 | 49, (
| 4,895 5,'44 j
5,609 ! 5,<44 j
1 3 309, 998
69, 945 G8, i! 56, 999 56,
1, 106 1,5,980 6,
38,148 51, i1, 370 1, t
1, 300 1,1. 255 1,
1 3, 125 3,
90. 7 1182.4 11
! 133.8 10136.0 13
106.8 12110.4 11103.5 12
8332, 202 26,.
i 169i 157 !! 192
"13 2, 909>48 A\ 296)00 2, 389
>80 682"69 741]80 743
"66 185. 915)03 36, 861
121 5,37845 | 45
173 5,82146 49
340 i 74,830-28 j 61,944268 1,396"46 6, 076
322 51,999>91 1, 598
L37 1, 34638 1, 177
L12 3, 260
1 0 168. 87. 2 159. 43. 9 218. 2X 7 136. 5
1. 7 123. 614 110.61 6 132. 9
75 85572 43, 643
218 201149 175293 330
3,1693, 283
832841775
221, 93558, 666
7, 024
6, 52054
3 252 373
90, 77074. 610
1, 9567, 873
52, 9462,578
1,4181 3523, 309
2 216 02 216. 82211.42 143. 9
138. 6147. 9127.1
12343, 425
222210376
April
667,82757.5
661,94957, 147
1,276,994 ,13,511 !
270 :
3P. 00
L 902. 51
236,250 ;
63243, 750 ;
65 |
48,493 i60. 7 •
21, 33035,971
1 325 '1 295 i
3,0662, 915 '2,360
716741 i794 ;
215,18155, 567
5, 43045
6,21952
1,4898,182
42, 9902, 299
i 184.3- 182. 2! 196. 4! 152. 1
107. 7112.5
| 126. 1
8831, 043
222219371
1927
March
575, 85051. 7
568, 82159, 389
1, 545, 98019, 216
200302
34. 0036. 82
1. C'f1
9 55
232, 50062
221, 25059
55, 40768.9
24, 12748, 032
1 4131, 492
3, 0813, 0221, 744
691690679
171,09447,312
7, 57159
7, 56759
3 274, 089
81, 52264, 9611,8115, 896
42, 532875
1 8001 4823, 686
187.4185. 1199. 8136.0
131. 1
April i
599, 77153.8
609, 09050, 070
1, 365, 55517, 081
t199273
33 9536.76
1. 90 'o --
2''2, 50070
232, 50062
47, 34758 9
18, 01939, S97
1 "181, 190
2, 8502. 7511, 646
f»7S622627
192, 33942, 550
^
5 58')
6, 5£6
94, 72578, 993
1, 8786,387
47, 430776
1,405 !1 565 i3, 525
154' 8 ;
139.2 •145.9
130. 0
11549, 694
152158226
26, 249
126138216
PER CENT IN-CREASE (+) ORDECREASE ( — )
Apr.,1928,fromMar.,1928
+4.9+4.4+2.7
+11. 5-5.0
-10.3
— 7. 8
0 0
Apr.,1928,fromApr.,1927
+11.3+6.9+8.7
+ 14.1-6.5
-20.9
CUMULATIVE TOTALFROM JANUARY 1THROUGH APRIL 30
1927
2, 208, 892
2, 206, 612
62," 944"
-1.1 j 1,036
-.4 i -3.00.0 i 0.01 2 1 A
—8. 7+4.8+4.8
+6. 6
-10.0-10.0+4. 8+4.8
4-3 1
933, 750
851,250
ION, 251
-l.j.?, +1«. 1 89,471-10.0 -'j.S 162.22.
4-6 3 1 J . i l 5 OS3-3.1
-3.3-11.2-6.1
-13.9-11.9+2 5
-3.0-5. 3
—4. 7-3.7
— IS 6
-23.9+3.9
-18.8-10.8
-13. 1 i 5, 551
+7.6 \ 11,348+6.0 ! 11,431
+43.4
+5. 6 2, 532+19. 1 2, 546+ 2 6 6 > :
+11.9+30.6
-2.80.0
— 5 70.0
— 7 9
744, 796163, 989
26, 053
26, 098
i
!,' 4 223. 299
-20.7+28.1
-9.4+196.3
-14.7 +21.0— 16 0 4-17 7-7. 1 +41. 1
_2o 3 —17 9-23. 9
— 8
4 182 7906, 399
22, 144
! 182. 1662,954
! 4 4, 8244 4, 081
i
1
i
-28.5 ' +14.3-28.5 : +18.3
0.0 +76.2+4.3 i +58.7-1.3 I +71.8
366157,810
j
1928
2, 299, 532
2, 294, 991
49,~272~
1,018 ;
975,000 :
918,750 :
179,605
82,5591G1,21J2
4, 6004,669
11,856, 12, 743
2, 9103, 092
828, 800; 200, 997
23 253
24, 042
! i 234, 440I 4 193, 282; 6, 109i 28, 877
i 199, 7578, 066
! 4 3, 9014 3, 667
i
' 371144, 683
Per ct.in-
crease
or de-crease
cumu-lative
1928from1927
+4.1
+4.0
~-2i.~7
-1.7
+4.4
+7.9
-9.4
-0.6
— 9 5-15.9
+4. 5+11.5
+ 14.9+21. 4
+11.3+22.6
-10.7
-7.9
+5. 0| +5.7
—4.5+30. 4
+9.7+ 173.1
-19.1-10.1
+ 1.4| -8.3
* See table on p. 21 of the March, 1928, issue for earlier data.2 Revised.3 Quarter ending in month indicated.4 Cumulative through Mar. 31.
28
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives shown are throughApril, except where otherwise noted.Earlier data for items shown here maybe found on pages 20 to 138 of theFebruary, 1928, "Survey"
IRON AND STEEL-Continned
Machinery— Continued
Woodworking machinery: 4
New oiders thous. of dollsShipments.. thous. of dollsShipments number of machinesCancellations thous. of dollsUnfilled orders, end of mo_. thous. of dolls..
Electric hoists:New orders —
Quantity numberValue dollars
Shipments dollarsElectric overhead cranes:
Shipments.. thous. of dolls .New orders thous. of dolls__Unfilled orders, end mo thous. of dolls..
Electric industrial trucks and tractors:Shipments, domestic-
Tractors . number of vehicles..All other types number of vehicles..
Exports. _ . . .number of vehicles..Fire-extinguishing equipment, shipments:
IVtotor vehicles numberHand types number
Patents issued:Total all clashes numberAgricultural implements .number .Internal-combustion engines number..
NONFERROUS METALS
CopperProduction:
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._
Copper Products
Plumbing fixtures:Wholesale price 6 pieces dollar^
Wire cloth:Production ..thous. of sq. ft..Shipments .thous. of sq ft..Stocks end of month thous of sq ftNew orders tlious of sq ftUnfilled orders, end of mo_ .thous. of sq. f t _ .Make and hold orders, end
of month thous. of sq. ft
Tin
Deliveries ( consumption) .long tons..Stocks, end of month:
\Vorld visible supply Ion*7 tonsUnited States ^ong tons
Imports long tons..Wholesale price, Straits,* N. Y. ..dolls, per ib._
Zinc
Retorts in operation, end of month... number..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_.
LeadProduction _ short tons..Ore shipments:
Joplin district short tons..Utah short tons..
Receipts in U S ore short tonsStocks, U. S. and Mexico, end mo__short tons..Price, pigs, desilverized, N. Y dolls, per lb..
Other Metal Products
Babbitt metal, consumption:Total apparent thous. of lbs__Direct by producers thous of IbsSale to consumers thous. of lbs__
1927
Decem-ber
1,3051,172
88119
1,470
272122, 663102, 205
762586
1,792
J!
11
11447, 870
3,1704233
67, 22285, 868
128, 923148, 96100. 86251, 322
95, 298248, 420
. 1377
99.44
492404
1,213381316
413
4, 535
15, 7331, 5733, 958. 5849
77, 08452, 34740, 751
54, 58643, 147.0572
58, 812
13, 07983, 003
: 57, 027156, 280
.0650
i 4, 4661 1, 296
3.170
1928
January
1,1451,130
92023
1,456
346160, 852133, 842
432358
1,735
598
Q
43, 175
3,5044551
68, 46977, 429
122, 723140, 54664, 82452, 095
96, 476237, 961
.1385
98.59
449425
1, 189414315
441
5, 415
15, 2442,5185. 727. 5564
72, 20452, 41442, 163
37, 61249, 905
.0564
54, 406
7,46375, 85555, 970
: 157, 417.0650
4, 929! 894i 4, 034
Febru-ary
1,2451,147
8909
1,539
399172, 472166, 920
595519
1,763
158618
291
40, 710
3,1363261
67, 42381,895
124, 848144, 54673, 78943, 092
86, 932247, 529
. 1382
98.40
435453
1,150399297
412
5,790
17, 6451, 9985, 992. 5249
72, 44450, 04241, 290
47, 21752, 398.0555
54, 991
6,66572, 26454, 021
167, 692.0633
4,4701,0273,444
March
1,3171,3461,064
211,438
557260, 222214, 080
672704
1,699
189716
2 10852, 375
3,2294952
2 70, 32779, 110
128, 972144, 84272, 64248, 210
87, 2922 242, 416
.1385
99.35
584452
1,141400269
422
7, 960
15, 5862,0788, 138.5218
71, 25255, 88141, 529
47, 97259, 746.0562
2 58, 031
6,42477, 05452, 150
2 173, 411.0600
4,9281,0253,903
April
394198, 004188, 967
659410
1, 520
9122
6
10146, 575
3,321 i45 143 |
69, 23082,087 j
122,824 !143,42772,234 :45,550 j
72,893 !235,673 !
.1399 I
100. 76
413405
1, 147399283
438
7,010
15,001 i1,973 19,494 i. 5236
72 52253^ 49344,759
51,57949,097 :
.0576
50,115
6,438 !58, 401
.0610
4,8431,1183,725
j ! PER CENT IN- : : CUMULATIVE TOTAL1927 CREASE (+) OR , ; FROM JANUARY 1
I DECREASE ( — ) THROUGH APRIL 30
i Apr., ; Apr., I|: 1928, ; 1928, !
March April | . from from ' i 19271 j Mar., ; ADr., : !
j 1928 i 1927 j j
1, 5021,5701,184
101,747
291144, 305139, 528
1,065750
3,042
109610
12850, 301
4.0675379
69, 31480, 965
126, 975136, 34779, 53745, 306
103, 072263, 793
.1308
105. 17
510434
1,192397314
339
6, 545
15, 4411, 7095,9J6. 6931
83, 20856, 54636, 279
69, 12518, 533. OGG9
61, 128
10, 16466, 35858, 364
145, 766.0758
5,6261,2084,418
1 ; '
1.307 i 4 4,2841,516 ! M, 0551, 068 : 4 3, 097
31 i 4381,549
2 8 4 ! ' -29.3 +38.7 i | 1,106138,829 : ; -23.9 +42.6 i i 565,521138,510 i ; -11.7 +36.4 i ! 545,019
909 -1.9 -27.5 ' ! 3,612660 ! -41.8 -37.9 " 2,992
2, 772 1 —10. 5 —45. 2 ! .
12 1 -50.0 -25.0 ' 3989 ! +25.8 +37.1 : 372
4 ! -62.5 +50.0 ; 38• j . i
125 l -6.5 -19.2 1 43847,850 1 -11.1 -2.7 ; 192,807
3,554 ! +2.8 -6.6 i 13,79850 i -8.2 -10.0 ; 193
124 -17.3 -65.3 322
71.122 -1.6 -2.7 285.83680,940 j +3.8 +1.4 331,689
125,796 ! -4,8 -2.4 ; 508,554135,729 i -1.0 +5.7 i 548.28373,976 i -.6 -2.4 297,57646,908 | -5.5 -2.9 173.277
99,256 i 16.5 26.6 .249.834 i -2.8 -5.7
. 1281 '< +1. 0 4-9. 2
105 29 +1.4 —4 3
468 : —29.3 —11.8 1.947400 ! -10.4 +1.3 1.673
1,263 ; + 5 — 9 2302 i 2 4-23 9300 : -f,5 2 , — 5 7
358 • +3.8 +22.3
6,720 i -11.9 +4.3 25, £25
13 849 — 3 8 +8 31,704 ; —5.1 +15.86,228 J +16.7 +52.4 • 24.844.6802 +.3 —23.0 _
81,096 +1.8 -10.651, 626 -4. 3 , ! 3. 6 216. 41141 20S +7 8 ; +86
71,077 : +7.5 ! —27.4 ' 256,6402J, 536 : -17.8 +128.0
.0634 I +2 5 — 9 1
60,193 ! -13.6 -16.7 234,855
12,602 i +.2 -48.9 '• 41.02676,452 : j -24.2 -23.6 ••• 268,88360, 134 i 5 ice, 431
160,437 !
.0713 i +1.7 —14 4
4,812 j —1.7 | +.6 21,330950 | +9.1 ! +17.7 | 4,444
3,862 i] -4.6 i -3.5 ! 16,886
1928
* 3, 7074 3, 6234 2. 874
'•153
1,696791, 550703, 809
2. 3581,991
40349
373182,835
13, 190171207
275, 449320. 521499, 367573,301283, 489188, 947
1.8311,735
1 019
20. 175
29.351
""2iI,"S30"
184, 380
217, 543
26. 990283, 574
3 162, 141
19, 1704, 064
15, 106
Per ct.in-
crease(-yor de-crease(-)
cumu-lative1928from1927
-13. 5-10.7
-7.2+39. 5
+53.3+40.0+29. 1
-34.7-33.5
+20.5-. +8.3
+28. 9
-14.8-5.2
: -4. 4
-IE! 7
9 p
-3.4
+4' 6-4.7+9.0
-3. 4+3.7
1 _ O :
: +18.1
-2.1
— 28 2
-7.4
-34. 24-5. 5-2.6
-10.1-8.6
-10.5
* See table on p. 23 of this issue for earlier data.2 Eevised.
4 See p. 41 of Part II, Metals and machinery of the Record Book of Business Statistics, for earlier data.5 Cumulative through Mar. 31.
29
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives shown are throughApril, except where otherwise noted.Earlier data for items shown here maybe found on pages 24 to 138 of theFebruary, 1928, "Survey"
NONFERROUS METALS— Continued
Other Metal Products— Continued
Band instruments, shipments:Total - _ - _ _ . dollars_-Cup mouthpiece15 _. dollars _Saxophones dollarsWood wind - ..dollars..
Pails and tubs, galvanized:Production dozensShipments dozens
Other galvanized ware-Production dozensShipments dozens
Electrical Equipment
Electrical procelain, shipments:Standard dollarsSpecial dollarsHigh tension dollarsGlazed nail knobs thous. of piecesUnglazed nail knobs thous of piecesTubes thous. of pieces
Laminated phenolic products,shipments dollars
Motors:New orders dollarsBillings (shipments) dollars..
Power switching equipment (quarterly):New orders —
Indoor single pole units
1927
Decem-ber
589, 967223, 946340, 266
25, 755
93, 27390, 254
22, 09017, 013
66, 391111,408451, 894
3,201794
1,383
564, 775
864, 562815, 830
311. 901
j
1928
January
318, 106126, 852169, 05022, 204
125, 536149, 304
32, 67835, 689
77, 212115, 394408, 401
3,3631,0911,127
677, 861
569, 883638, 562
Febru-ary
445, 737169, 616247, 48928, 632
165, 757162, 153
28, 51326, 334
65, 809110, 933438, 5'84
2,4411,070
975
683, 664
767, 634627, 799
Outdoor single pole units s i 4 fi?.4 >Outlet boxes and covers, shipments pieces..Vulcanized fiber:
Shipment'-! to^al thou^ of dollsConsumption thous. of Ibs
Industrial reflectors, s'ii^s unitsFlexible coids:
Shi j menls thous. of ft..Stocks, end of month thous. of f t _ _
Electrical Equipment
Welding sets, new orders:Single operator units. .Multiple operator units
Panel boards and cabinets,shipments (cst lv ) dollars
Nonmetaiiic conduits, shipinents.-thous. of ft..Delinquent accounts, electrical trade:
•Yn'ount dollarsDelinquent firms number
AUTOMOBILESProduction:
United States-Total number of carsPassenger cars number of cars..Trucks. number of cars..
Canada-Total number of cars..Passenger cars* number of cars..Trueks number of cars..
Exports (assembled):From United States-
Total number of cars. _Passenger cars number of carsTrucks number of cars. .
From Canada —Total number of carsPassenger cars number of cars..Trucks number of cars
Foreign assemblies . number of carsSales, passenger cars and motor
cycles - _ _ . thous. of dolls. .Shipments (General Motors Co.):
To dealers number of carsTo users . . number of cars. _
Accessories and parts:Shipments —
Original equipment.. rel. to Jan., 1925_.Replacement parts.. .rel. to Jan., 1925..Accessories rel. to Jan., 1925Service parts rel. to Jan., 1925..
Exports _. thous. of dolls. .Rim production thous. of rims. .New passenger-car registrations:
Total number of carsHighest price group number of carsSecond highest group number of cars..Third highest group number of carsLowest price group number of carsMiscellaneous ...number of cars..
1,947,433 j 2, 139, 038
596 6632, 231 2, 355
140,415 j 137,417
37, 764 35, 08246, 222 51, 396
129 12S11 7
821,4876,735
197, 4621,381
133, 579106, 08027, 499
3,4352,2771,158
23, 60916, 4737,136
2,1931,857
33612, 518
63, 381
60, 07153, 760
11112661
1047,5051,134
89, 1897,253
26, 28026, 80528, 515
336
8, 085
184, 5001,361
231, 693205, 57626, 117
8,4636,7051,758
32, 06020, 47611, 584
3,5021,8381,664
12, 114
64, 403
125, 181107, 278
16313779
1427,4891,812
2 135, 8432 6, 817
2 32, 5152 43, 3302 52, 630
2551
2, 715, 105
6852,442
118, 363
37, 27947, 277
17221
6,755
184, 6881,407
2 323, 8092 291, 151
2 32, 658
12, 50410, 3152,189
33, 95225, 1148,838
4,1112,6281,483
12, 556
199, 046
169, 232132, 029
18712891
1589,5701,806
2 165, 2562 7, 436
2 34, 5422 50, 0042 72, 670
2604
March
468, 757178, 457263, 685
26, 615
173, 592175, 472
50, 90445, 205
49, 536131,212444, 804
1, 2971, 3811,087
877, 401
889,110782, 185
3 12, 2673 14, 234
3, 166, 488
6622, 965
137, 1022 42, 390
44, 958
28531
916, 7668,270
213, 0131,769
2 413, 3792371,821
2 41, 558
9,7247,4782,246
49, 97440, 1819,793
3,5572,686
87116, 238
141, 026
197, 821183, 706
231136113174
12, 1572,420
254, 72311, 37053, 46176, 360
112, 820712
April
392, 146158, 677211,414
22, 055
1927
March
559, 663193, 961337, 206
28, 496! 202, 392
182, 692
32, 94230, 980
108, 688168. 148
2,3242,0111, 532
505, 213
1, 078, 639802, 572
3 1 5. 208''• z 17 500' 2,093,021
i ()1Q: 3,002
135, 084
April
429, 411162, 103246, 168
21, 140
183,812198, 711
30, 42333, 785
88, 755148, 789
3,3901,1211, 508
510, 548
736, 081737, 349
1, 960, 806
7%2. 701
115, 111
PER CENT IN-CREASE (+) ORDECREASE ( — )
Apr.,1928,fromMar.,1928
\
-16.3-11.1-19.8-17.1
+3 1...9 7
Apr.,1928,fromApr.,1927
-8.7-2.1
-14.1+4.3
CUMULATIVE TOTALFROM JANUARY 1THROUGH APRIL 30
1927
1,871,152660, 515
1,113,48497, 153
4 472, 1874 490, 216
4 102, 9794 99, 185
4 288, 9474 405, 872
1928
1, 624, 746633, 602891, 63899, 506
4 464, 8854 486, 9294 112, 0954 107, 228
4 192, 5574 357, 539
4 1, 291, 789
Per ct.in-
crease
(1^or de-crease(-)
cumu-lative1928from1927
-13.2-4.1
-19.9+2.4
-1.5
+8.9+8.1
-33.4-11.9
— 19 3
4 1, 439, 113 ' 4 2, 238, 926 \ +55. 64 2, 502, 648 4 2, 226, 627 i -11.04 2, 239, 791 .<2,048,546 J -8.5
1 8 7 - I ! r
^6,406,861
4 9 zUF,4 8, 312
4 403, 595
4 8, 020, 631 ; +25.24 2, 010 | -17.84 7, 762 j -6. 6
4 392, 882 1 -2.7
: " ." "" " ; j" " " ~"\\
173, 4821,485
409, 948364, 87745, 071
24, 24020, 5463,694
42, 26933, 6448,625
3,9962,9571, 039
16, 951
197, 597209, 367
213151107164
12, 4662,316
142
738, 11910, 886
242, 6062, 040
394, 443345,91148, 532
23, 25019, 723
i 3, 527
39, 52729, 9859,542
9,0726, 5122,560
21, 007
214, 678
161,910146, 275
195120135210
10,4382,072
2 261,1112 10, 2412 57, 7282 56, 990
2 134, 5872 1, 565
153
10, 365
247, 4791,930
404, 759357, 00947, 750
24, 61120, 8903,721
46, 70334, 84011, 863
4, 0752,9301, 145
22, 264
181,170
169, 067180, 106
185117156223
10, 6092,060
327, 59916, 13673, 85075,312
161, 489832
+11.6
-18.6-16.1
-.8-1.9+8.5
,+149.3:+174. 8
+64.5
-15.4-16.3-11.9
+12.3+10.1+19.3+4.4
+14.' 0
-7.8+11.0-5.3— 5 7+2.5-4.3
+24.2
-29. 9-23.3
+1.3+2.2-5.6
-1.5-1.6
-9.fi!-3.4 :
-27.3
-1.9+.9
-9.3-23.9
+16. 9 j+16.2
+15.1+29.1-31.4 !-26.5+17.5 ;
+12.4
4 399::.4 29, 838
4 5 8 5 i j +40. 94 59 i +68. 6
~"~23,~lI6~ ~-22.~5
1, 342, 8921, 166, 741
176, 151
81, 89267, 18414, 708
147, 589108, 30239, 287
25, 92118, 3357,586
74, 3684 449, 781
554, 770509, 416
1, 378, 8291, 233, 425
145, 404
54, 93145, 0449,887
158, 255119, 41538, 840
15, 16610, 1095,057
57, 8594 404, 475
689, 831632, 380
+2.7+5.7
— 17. 5
-32.9-33.0-32.8
+7.2+10.3
-41.5-44.9-33.3-22.2
-10.1
+24.3+24.1
-- - i! ' | l
7,3744 616, 780
4 20, 7454 126, 0804 128, 7814 336, 879
4 4, 295
8,354
4 555, 8224 25, 623
4 120, 518< 169, 6944 238, 120
4 1, 867
+13.3
-9.9+23.5-4.4
+31.8-29.3-56.5
*See table on p. 18 of the April, 1928, issue for earlier data. 2 Revised. 3 Quarter ending in month indicated. * Cumulative through Man 31.
30
TREND OF BUSINESS MOVEMENTS—Continusd
The cumulatives shown are throughApril, except where otherwise noted.Earlier data for items shown here maybe found on pages 24 to 138 of theFebruary, 1928, "Survey"
FUELSCoa! and Coke
Bituminous:Production-
United States thous. of short tons_.Canada thous. of short tons
Exports thous of Ion? tonsConsumption—
By vessels thous. of long tons..By electric power
plant. thous. of short tons..By railroads thous. of short tons..
By coke plants-United States thous. of short tons..Canada - thous. of short tons. -
Stocks, end of month,held by consumers, thous. of short tons..
Prices—Mine aver. (spot), dolls, per short ton._Wholesale, comp-.dolls. per short ton..Retail, composite-.dolls. per short ton..
Anthracite:Production thous of short tonsExports thous of Ions tonsStocks, end of mo. in
yds. of dealers no. of days supply..Prices-
Wholesale, conip.- .dolls, per long ton_.Retail, composite--dolls. per short ton._
Coke:Production, U.S.—
Beehive _ -thous. of short tons..Bv-product thous. of short tons..
Production, Canada. -thous. of short tons..Exports --thous. of long tons.-Price, furnace,
Conne^lsvil^e dolls, per ^hort tonPetroleum
Crude petroleum:Production thous. of bbls. .Srocks at end of month-
Total (comparable) thous. of bbls..Tank farms and pipe
lines - thous. of bbls..Refineries thous. of bbls..
California —Li>ht thous. of bbls..Heavy thous. of bbls. -
Import1? - -thous. of bbls. .Consumption (run to stills) thous. of bbls..Reflnery operations per ct. of capacity..Price Kansas-Oklahoma . .dolls, per bbl..Oil well"5 complered numberGasoline:
Production-Raw (at refineries) thous. of bbls..Natural gas (at plants). .thous. of bbls..
Fxport^ thous. of bbls.
1927
Decem-ber
41, 2771, 867
832
271
3, 7198,198
5,834261
55, 500
1.904. 1449.31
6, 032
57
13. 38915.08
3773, 646
17763
9 7Q
74, 10S
351. G4f.
312.411J9, 2'~
20, "s91, 797
6, L'097H,323
791 '"()
905
2 , V 2.1 "12
> QiQ
Con^um'otion thous of bbl^ '• •*, 71 sStocks, end of month— •
Raw (af refineries) thous. of bbls 3° 3"* 3Natural gas (at plants) .thous. of bbls..: 7,1!
Prices-Wholesale, New Y o r k _ _ _ < l o u s . per gal..; . ] 7 jRetail, wagon* 50 cities.-dolls. per gal . _. ] H
Retail distribution, 41 States. ihous. of gals...' n74, ^40Kerosene:
Exnort> -thous. of bbls-. i *>~>hConsumption ^hous o f b h i s ^ sioStocks at refineries, end mo -thous. of bbls..Price 150° \varer white doll^ per tral
Gas and fuel oils:Production thous. of bbls.
7. hbl). 07 J
33 090Consumption— :
By vessels thous. of bbls 4 oruBy electric pow. plauts.thous. of bbls..By railroads thous. of bbls..
Stocks at refineries, end mo.thous. of bbls..Price, Okla., 24-26, refineries-dolls, per bbl..
Lubricating oil:Production thous. of bbls. .Consumption thous. of bbls..Stocks at refineries, end mo -thous. of bbls...Price, cvlinder oil dolls, per gal._
Asphalt:Production thous of short tonsStocks, end of month. .thous. of short toris..Imports thous. of short tons _
Coke:Production thous. of short tons..Stocks, end of month. .thous. of short tons..
Wax:Production thous. of IbsStocks, end of month thous. of Ibs..
* See table on p. 21 of the Mar
6494, 211
3l,9S2.800
2, 8011, 6637, 860.245
263221
9
108345
54, 039167, 214
ch, 1928, is
January
44, 2081, 683
850
319
3,6958, 304
6, 192257
51, 500
1.844. 0939.21
5, 690233
13, 13015.08
3763, 880
17965
9 78
3."^ H P
317, 72"41, lh?
21, 49394. 327
K 145'A 1(H
i /2°
°7, X7'*1, ^73 *,1L>
2') 9*9
36,11-710
. 17U
. 1 13fuO. 13i
2, 3-t52, 7427 'TO.070
3^ 271
3, 783589
2 4, 04829, 6'r3
.800
2, 6581, 6067, 978. 245-
199209
103330
55, 320168, 900
sue for ear
1928
F^™- ! March
I
41,351 i 43,9551, 414 ! 1, 405
796 | 756
267 i 305
3, 400 ! 3 470 !7, 872 ; 8, 265 '
5, 964 | 6, 548233 252
> 48,300
1.86 i 1.924.069 ; 4.0459.28 i 9.26 !
5. 582 ; 5, 497 i224 | 189
42 i 25 i
13.282 f 13.20715.09 i 15.08
390 ! 4493. 723 ! 4, 065 |
167 i 17876 74
9 71 ! 9 79 :
68,059 275,037
303.340 ; 2368, 74 i
320,979 i 2325,13542,361 I 43,609 j
20,110 j 19,63394,797 ' 94,484
6,036 i 6.84565, (501 72, 124
1.213 ! 1.190836 1 949
26,775 ! 29,2453,279 3,4263,326 1 3,777
21, 136 ' 24,041 1
38,782 ! 40,229824 842 ';
.170 ! . 170
. 147 | . 148 12 602 361 1 687, 568
1,541 l 1,3253,221 ! 2,737 i7,692 ; 7,826 j.070 ; .069 ;
30 944 ' 34 071
3,751 4.236 '540 601
2 3, 853 24 ,106 -29,011 29,170 ;
.850 .850 |
2, 728 2, 9051,533 1,9888.332 8,412
.245 .223
209 ! 270230 : 269 1
4 8 i
100 ! 107337 352
49,068 ! 50,207 i166,244 j 136,465 i
ier data.
i
1937
April ! March
32,188 |! 60,1471,123 ! l 1,408
7 1 1 ! j 1,376
3 0 6 ' ; 3 2 2
3,5208,662
6,235 ' 6.977243 ' 256
i 75, 000
1.76 2.064.016 4.281
9. 20 I 9. 74
6,909 ! 6,098182 | 156
39
12. 794 13. 33914. 64 15. 36
377 : 8903, 925 1 3, 880
1 7 1 ! • 1 7 26 2 j . 4 6
9 74 3 65
72,127 75,304
371 579 : 290, 110
328,354 '. 252,67843,225 37,432
18,752 29.56891,301 89,7965,661 : 4.434
72. 979 68, 74179 . 77
1.190 1.335961 1, 417
29, 332 27, 8863, 469 3, 2714,044 3.117
25, 712 22, 464
40,210 52,410832 697
.170 .205
.148 : .1625?9, 487
1,468 i 1,3423,234 3.3567. 733 8, 753.069 ; .083
33,857 : 32,377
4,275 i 3,874639
! 2 3 ,72429 499 29 501
.840 1.219
3,026 ; 2,7542,362 j 2,3348, 018 8, 035.221 ! .250
274 222274 i 235
6 ; ' is
109 : 98342 ; 326
58,042 : 53,644126,556 i, 201,340
2 Revised.
April
34, 6741,3151,258
345
3 2787,693
6, 557253
2.124.2658.95 .
7, 127201
44
12.93214. 61
7793, 708 !
170 !50
3.49
72, 590 i
297,895
260,41037,485
29,46088.3834. 063
66,62477
1. 1141, 528
26,5773,1713.424
23,371
52.379' 788
.194
.153 ,601,016
4, 6081,8332, 7768, 725.079
31, 856
4.204549
2 4, 194 i23 732 I
1.063 !
2,615 i1,7128, 176.254
274 !220
8
88319
48, 917211,019
PER CENT IN-CREASE (+) ORDECREASE ( — )
Apr.,1928,fromMar.,1928
-26. 8-20.1-8.0
+.3
-4.8-3.6
-8.3
-.'e+25. 7-3.7
-3. 1-2.9
-16.0-3.4-3.9
-16.2
-j-. 7
-3.9
+.8
+1.0-.9
-4.59
-T-L2+5. 3
0.0+1.3
+.3+ 1.3
£:J0.0
0.00.0
+6. 7+ 10.8+ 18.2-1.2-0.0
-0.6
+.9
~~+n~-1.2
+4.2+18. 8
—4. 7— 9
Apr.,1928,fromApr.,1927
— 7 2-14.6-43.5
-11.3
-4.9-4.0
-17.0-5.8+2.8
-3.1-9.5
-1. 1-L. 9
-51.6+5.9+.6
+24. 0
-21. 5
— . 6
+24.7
+26. 1+ 15.3
-1-6 7+39. 3
-4-9. ,"
_J--~> f;+6.8
-37.1
+10. 4— 9. 4
+ 1S. 1+ 10. 0
-23. 2+5.6 |
-12.4—3 3 !
+9. 2— 19. 9+16. 5-11.4— 12. 7
+6.3
+ 1.7
~i24~3~—21 0
+ 15. 7+38.0-1.9
— 13 0
+1. 5 0. 0+1.9 i +24.5
-25. 0 1 -25. 0
+1.9 1 +23.9-2. 8 +7. 2
+15.6 1 +18.7-7.3 ! -40.0
* Cumulative thi
CUMULATIVE TOTALFROM JANUARY 1THROUGH APRIL 30
: 1927 ! 1928
i
1|
204,607 161,7025, 677 i 5, 6255, 706 ! 3, 113
1, 347 1, 197
* 10, G99 ' ^ 10, 625•» 25, 937 ! « 24, 441
26,215 24,939986 ; 985
^
25,638 23,678! 762 828
3,210 i 1,59214, 728 ; 15. 593
677 ! ' 6952J 4 i 277
: 287,243 287,544
17.192 24,687268, 004 278, 897
5,672 3,510
107,447 113,23112,520 13.54113,441 14,739bl,963 , 91,825
4 1,676,013 * 1,S90,OG2 '
18,976 19.5806. 148 : 6, 679 •
12,604 11,934
127, 354 i 131, 143 :
15, 605 18, 045'- 2, 1 33 4 1 730
* 12, 207 ; 4 12, 008
10,284 11,317 '6, 793 7, 489
860 952
56 25
367 419
204,038 212,637
ough Mar. 31.
Per ct.in-
crease(+,}or de-
crease(-)
cumu-lative1928from1927
-21.0-.945 1
-11. 1
-5.8
-4.9-. 1
-7.6+8.7
-50. 4+5. 9-i-2 7
+29. 4
+.1
-t-43.fi+ 4.1
-r-3S. 1
—5. 4— s. 2
—12! o
-12. S
-5! 3
+3.0
-2.8— IS. 9-1.6
-HO.O+10. 2
+10.7
—55. 4
+ 14.2
+4.2
31
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives shown are throughApril, except where otherwise noted.Earlier data for items shown here maybe found on pages 24 to 138 of theFebruary, 1928, "Survey"
RUBBER
Crude Rubber
World shipments plantation long tonsImports (including latex) long tons _ _Consumption (quarterly):
Total long tonsFor tires long tons
Consumption bv tire mfrs thous. of IbsStocks, end of quarter:
Total long tons..Alanufacturer^ long tonsDealers long tonsAfloat long tons
World stocks, end of month:World total long tons . .United States long tons..Europe long tons..Producing countries long tons..Afloat long tons...
Wholesale price, Para, N. Y dolls, per lb__
Tires and Tubes
Pneumatic tires:Production thousandsstocks end of month thousandsshipments —
Domestic thousands . _Export thousands
Inni r tubes:Production ._ .thousands,.stocks, ( nd of month. thousandsShipnvrts—
Dniiie^tio thousandsExport - _ -thousands
bul 'd vi' 1 cushion:Production thousandss t < ks, e:1 I of mont h thousands ,shipments—
Domestic thousands. .Exports thousands
Other Rubber Products
F.erl ii:ne 1 rubber (quarterly):Pro- lu( turn long tons - _
S rap rubber (quartern ):stocks at iciLuirers lontT tons'^nsumption In reclaimers long tons..
lai'rber-pv > < > f e d fabrics.Pio luction —
Total . thous. of ydsUitinbries. ___ _. thous. of vds.
Li mc(<at fabrics thous. of vdsAll < ther thous of vds
X->v oHtis, auto lihrlcs thous. of yds..Pri d uot ion, relative to capacitv.pcr cent.
L>i > l « . r hecLvT>r« luction thous. of pairsSI ip'n nts —
To s,h,)c manuf icturers.thous. of pairs. _T«" iep iir trade thous of pairsFoi export thous. of pairs.
strckx i n 1 of month thous. of pairs!l'iM>er ;-oies.
Production ... thous. of pairs.Milplll Ml tb —
To shoe manufacturers thous. of pairs. _To repair trade thous. of pairs..For export thous of pairs
^tock , end of month thous. of pairs. .M.v/hanical rubber g.ods:
shmments —Total thous. of dolls,.Belting thous. of dolls..IIc.se thous of dollsAll other.. thous. of dolls
K 1 ">r b >Tvts,* shiomeuts ._ ..pounds..
HIDES AND LEATHER
HidesImports:
Total hides and skins thous. of Ibs..Calfskins thous. of Ibs..Cattle hides . thous of IbsGoatskins thous. of IbsSheepskins thous. of lbs_.
Stocks, end of month:Total hides and skins thous. of Ibs. _Cattle hides thous. of IbsCalf and kip skins .thous. of Ibs..Sheep and lamb skins thous. of Ibs
1927
Decem-ber
54,31530, 736
3 74 3913 CO, 592
32, G543 96, 6013 77, 9323 18, 6693 44, 890
261, 592100, 13166, 73727, 32467, 400
.294
3,3917,734
2,959178
3, 74210, 297
3, 413133
33161
28^4
3 46, 530
3 62,0163 61,331
2, 518
1, 303594710
23. 6
19 203
8,3846, 0091,087
42, 802
3, 255
2, 498974129
3, 257
5,8981, 5572,1902, 151
192, 926
38, 1513,177
23, 3915,3263, 740
242, 300198, 62326, 80316, 874
1928
January
48, 13439, 108
43, 709
276, 670110, 24369, 59427, 45369, 380
.288
4,0267, 491
3, 924132
4, 0869,760
4, 46990
164
313
2,177600874703
29.' G
17, 682
10, 7866,314
79343, 796
3,431
2,243916675
3,148
5, 6301,3882, 2571,984
217, 798
36, 4093,410
18, 8565,4485,117
244, 242204, 22423, 82516, 193
F®$m- March Aprilaij
50,02233, 392 40, 688 37, 938
3 95, 273380,871
46,468 48,8971
3 H2,103 !s 91 700320,403335,572 ..
269,572 ! _ _108,955 114,060 j66, 268 f.l, 39825,649 ! 22,353 19,22368,700 i
.234 .204 .183
4, 784 1 5, 128 ! .8, 826 ! 9, 318 '
3,653 I 4,137133 i 174
5, 176 5, 427 i11,020 11,878 L.
3,997 i 4,205 .81 i 98 :
37 44 L.159 i 159
36 i 41
|
' 351.112 ;
; -16,31*
! s 04,069
2, 575 ! _757 ...
1,107 1,148 '•_
1927
March
! 64, 131! 35,515
3 91 2793 78. 577
50, 614
3 82, 2333 68 1053 14, 128
I 345,384
256, 68985, 74067, 04429, 51574, 390
.286
! 8 705
4, 094199
• 5 395; 12, 839
I 4, 534| 90
57'< 159
i 54! 8
3 45, 547
3 62, 807358.303
9 756978
i 1 ISO711 900 ' 588960 i i 851
28.8 . ;
19,181 29 :>°>
10, 802 10, 0^3 . .6,754 ' < • 4071,127 i . l . js ' -.
41, 289 46,14*
3,628 ; 3,747 , .
2,087 : 1,692 '992 I 1,090 i._529 : 282 ;
3,381 • 3,822:
5,838 i 6,675 :
1,351 ! 1,594 i2,289 1 2,589 I2, 199 : 9 562
61.3
13, 640
7, 706! 6, 367; 772
47 82°
1, 661
1,221490
264, SO?
7, 161" 1, 714
2, 9709 477
195,249 | 215,724 '..
33,421 i 48,489 ! 45,4432,861 ; 3,018 2,836
12,269 28,833 26,1017,453 8,362 8,1824,276 4,841 5,428
238,736 1 229,970200,897 194,655 I
21, 615 20, 136 116,224 i 15,179
; 34, 546\ 3,319
16, 228! 8, 640! 4, 454
234, 094I 186, 430i 31,435
16, 229
April
44, 75146, 202
51,333
|PER CENT IN- CUMULATIVE TOTAL
CREASE (+) OR FROM JANUARY 1DECREASE ( — ) THROUGH APRIL 30
Apr., Apr.,1928, 1928, !from from i 1927Mar., Apr.,1928 1927
1928
-6.8 -17.9 I 153,394 151, 126
4 139, 729Ii
4 139, 074
263, 36292, 75771,22926, 17673, 200
27 1
4,7429 113
4,118171
5 53613,371
4. 669'105
64162
545
2, 800820
1 49848?
i j
^ ^:~-l3.~6~ ~ - 2 G ~ 6 ~ j | - - - - " - - I - -
— 10.3 "— SS^'l'
1 i 4 12, 292
4 10, 832• ' i 4 529
! 4 13 1°7
| | : ro!.: 4 259
4 147
4 130i i ! : 4 03
._ i . _ .
! : 4 2 855'< 4 1 AQ7
805 1 !41.4
14 169
4 13 Q.38
4 11,7144 439
4 14, 689
4 1° 6714 2694 118
4 1084 11
4 3 19Q4 2 314
Per ct.in-
crease(+)
or de-1 crease
(-)cumu-lative1928from1927
-1.5
-.5
+13.4
1+8.1
-15.9
+11.9
+3^9
19 7
! -Hi. 9| -52.2
_[_Q (J
+55. 6
4 zifi O'«
6 689 i 4 91 9436, 507
76847 809
1,726
1, 122
4 1 1 440: i 4 9 578
i i i 4 4 016
i ' 4 9 rqi539 ' i 4 77453
4,113
5,8231,4592,3701 995
• ' 4 °60
"• 4 18 1664 4 347
4 A n?,i
33, 2342,809
15, 1488,1955,113
220, 679170, 73231, 63818, 309
! -6.3 ! +36.7 ; 118,443-6.0 ! +1.0 11,387-9.5 +72.3 54,267
! -2.2 i -.2 : ' 28,6811 4-12.1 ! +6.2 ; 17,093
4 59, 446
4 31, 6714 02 4-5
4 3^ 089
4 10, 805
4 6, 0224 2, 998
1,486
4 18 14?-4 4, 263
4 G] 745
163,76212, 12590, 05929, 44519, 662
+48. 5
+49. 1+55. 6
| +15.3
+169. 1
+132.4+287. 3+471.5
-.1-1.9-8.1
+11.5
+38.3+6.5
+66.0+2.7
+15.0
* See table on p. 18 of the April, 1928, issue for earlier data, 3 Quarter ending in month indicated. 4 Cumulative through Mar. 31.
32
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives shown are throughApril, except where otherwise noted.Earlier data for items shown here maybe found on pages 24 to 138 of theFebruary, 1928, "Survey"
HIDES AND LEATHER— Continued
Hides— ContinuedPrices:
Green salted, packers' heavynative steers dolls per Ib
Calfskins, country No. 1 dolls, per IbInspected slaughter of livestock:
United States-Cattle . _ thous. of animalsCalves thous of animalsSwine.. thous. of animals..Sheep thous. of animals..
Canada —Cattle and calves no. of animals..Swine no. of animals,.Sheep no. of animals..
LeatherProduction:
Sole leather.. thous. of backs, bends, sides..Finished sole and belting thous. of lbs._Finished upper thous. of sq. f t _ .Oak and union harness stuffed sidesSkivers doz
Unfilled orders, oak and union harness. ..sides..Stocks, end of month:
Sole and belting thous of IbsUpper thous. of sq. ft..
Stocks in process of tanning:Sole and belting.. thous. of Ibs..Upper thous. of sq. ft..
Exports:Sole... thous. of IbsUpper —
Total thous of ^q ftCattle and calf thous. of sq. ft..Patent thous. of sq. ft..Sheep thous. of sq. ft..
Prices:Sole, oak. scoured backs,
heavy. Boston dolls, per IbChrome calf, "B" grades.dolls. per sq. ft..
Leather ProductsShoes:
Production thous of pairsExports thous of oairsWholesale prices-
Men's black calfblucher, Mass dolls per pair
Men's dress welt, tancalf, St. Louis dolls, per pair..
Women's black kid, dresswelt lace oxford dolls per pair
Gloves:Glove leather —
Production thou^ of skinsStocks (tanned) —
In process thous of^ki rsFinished thous of ^kins
Gloves, cut —Total. ._ ... dozen pairsDress and street —
Imported leather dozen pairs. .Domestic leather dozen pairs
^Vork gloves doz^n pa^r^
PAPER AND PRINTING
Wood PulpMechanical:
Production. short tonsConsumption and shipments. ..short tons..Stocks, end of month short tonsImports _ -. short tons..
Chemical:Production . . short tonsConsumption and shipments.. .short tons..Stocks, end of month short tons..Imports .. short tonsPrice sulphite dolls per 100 lb^
Newsprint PaperProduction:
United States, total short tons..Ratio to capa^'itv per cent
Canada.. .. ... short tonsConsumption by publishers. ..short tons..Shipments:
United State5* short tonsCanada short tons .
Imports _ short tons. _Exports:
United States short tonsCanada short tons..
1927
Decem-ber
0. 250.250
761376
4,8691,094
79. 399253, 64342, 951
1, 24323, 03472, 14391, 45720, 057
150, 168
57,017247, 409
S2, 065148, 121
924
14, 4889, 9753,715
798
.59
23, 525381
6. 50
5. 00
4.00
858
1, 1502,611
182, 810
41, 15022, 430
119, 230
133, 788135, 632156, 87224, 976
210, 388207, 06445, 198
152, 7642.53
119,31281
181, 600182, 027
123, 883181, 439180, 467
535169, 202
1928
January
0.261.300
711383
5,4791,151
66, 128271, 15626, 090
1, 22323, 09571,41579, 43819, 931
119,896
54, 828245,931
85. 391149, 952
1, 265
15,53210, 6144,103
815
. 59
. 54
25 939388
6. 75
5.00
4.03
1,1402, 707
177, 884
37, 73824, 650
115, 496
142, 034139, 851159, 57521, 082
209, 1-06210, 01644, 726
156, 1642.53
119, 52584
186, 721172, 952
114,211186, 829177, 808
1,758157. 466
™T \ March
0.248 0.237.291 .269
666 : 665374 : 407
5,780 : 5,1401,048 1,016
61,041 80,550247, 966 246, 59718,482 16,543
1, 240 2 1, 36323, 409 25. 24570, 509 73, 04585, 757 79, 22620, 154 2 19, 06179, 257 59, 769
54, 085 54, 302242, 361 249, 023
86, 028 87, ?99147, 315 141, 3S6
1, 076 " 971
15, 567 14, 29710, 750 9, 8303. 836 3, 605
981 SC2
. 65 . 65
. 60 . CO
29, 24R 31, 707303 471
6.75 6.75
5. 00 5. 00
4.15 4.15
90S 944
1, 203 1, 2842, 838 3, 035
194, 874 223, 271
45,518 51,65328, 044 37. 550
121,312 134,068
132,743 143,678135, 952 2 i44? 771156, 366 , 2 155, 27421,151 j 21,124
2 209, 820 ! 2 228, 6922 207, 926 2 230, 484
2 47, 162 2 45^ 854130, 152 83, 352
2.53 ; 2.53
112,302 i 119,93279 : 80
189,822 : 197,976162,573 ! 186,232
j109,666 113,752188,163 i 190,305172,635 1 172,896
1 539 854183. 414 i 216, 160
April
0.256.295
623438
3,446918
95, 521222, 116
16, 018
1,358
66, 73718, 25954, 783
753
10, 8467,3112, 958
.66
.60
394
6. 75
5.00
4.15
149, 886133, 126173, 94318, 549
211, 162214, 20244, 00880. 592
2.53
117, 553
192, 645181,112
118,453193, 443163, 179
638140,011
! 1927
March
0.140.152
761457
3,8371,027
81, 890233, 925
: 20, 396
1, 41126, 81968. 74771, 18427, 40599, 905
66, 235277, 143
91, 056150, 325
1, 150
12, 2939,2502,404
639
.43
.46
31,277559
6.40
4.85
4. 00
810
1,8912, 905
; 230,749
64, 58843, 187
122, 974
' 166,411148, 360198, 338
I 23, 746
! 235,408: 232, 8581 42, 800; 97, 063' 2.75
< 133, 207
i 174, 094176, 356
128, 927169, 061166, 531
| 1,648! 184, 502
April
0.152.160
742454
3,330 i960
98,759 !209, 67117,005 j
1,39725, 89759. 753 '
PER CENT IN-CREASE (+) ORDECREASE (— )
Apr.,1927,fromMar.,1928
+8.0+9.7
-6.3+7.6
-33.0-9.6
+18.6-9.9-3.2
-.4
80,464 -15.822, 966 -4. 2
128,446 . -8.3
65,608 1274,983 i
90,794 '145,298 •
846 {
13,388 ;9, 7862,896 i
706 |
• 43 1. 46
28,389 i595
6.40
4.85
4.00
823 1
1, 7622,736
219, 370
62, 65537, 928
118,787 !
165,680142, 483221,535
19,772
218, 996221, 40639,29082,536
2.75
129,892
166,460186,138
128,666168,711147,736
1,073 i123, 449
-22.5
-24.1-25.6-17.9-33.1
+1.50.0
33.1
0.0
0.0
0.0
+4.3-8.0
+12.0-12.2
-7.7-7.1-4.0-3.3
0.0
-2.0
-2.7-2.7
+4.1+1.6-5.6
25.3-35.2
Apr.,1927,fromApr.,1927
+68.4+84.4
-16.03 5
+3.5-4.4
-3.3 !+5.9-5.8
-2.8
-17. 1 :-20.5
57 3
CUMULATIVE TOTALFROM JANUARY 1THROUGH APRIL 30
1927
2,9891,685
15, 0764,108
310, 203918,81788, 115
5,1994 73, 998
4 209 227279, 32990, 569
-11.0
-19.0-25. 3+2.1
-18.3
+53.5+30.4 [
-33.8 :
+5.5
+3.1
+3.8
3,747
49, 98036, 79310, 701
2, 486
4 83, 5622,042
* 2, 345
-9.5-6.6
-21.5-6.2
-3.6-3.3
+12.0-2.4-8.0
-9.5
+15.7-2.7
-7.9+14.7+10.5
-40.5+13.4
4 625, 0064 174, 186* 102, 2714 348, 549
603, 908583, 195
74, 619
890, 630887, 894
422, 845
518, 447
654, 264687, 356
506, 202643, 003614, 578
4,955591, 479
1928
I Per ct.I in-1 creasei (+)
i or de-crease
! (-)cumu-lative
1928from1927
2,6651,602
19,8154,133
303, 240987. 83577, 133
5,1844 71, 749
4 214, 969311, 158
77, 405
4,06"
56, 2 r38, 50514, 502
4 86, 9541, 555
4 2, 629
4 596, 0294 134, 909
4 90, 2444 370, 876
568, 341553, 700
81, 906
858, 780862. 628
450, 260
469, 312
767, 164702, 869
456, 082758, 740686, 518
3,789697, 051
-10.8—4.9
+31. 0— . 6
_0 9
f 7.' 5— 12. 5
o
-3.04-2. 7
+1L 4-14. 5
+S.5
+ 12.5
_; o -; r,
; +30. 1
+4.1— 23. 8
+12.1
. -4.0
• -1LS1 +6.4
-5.9-5.0
+9.8
-3.6-2.8
+6.5
-9.5
+17. 3+2.3
-9.9+18.0+11.7
-23.5i +17.8
2 Revised. 4 Cumulative through Mar. 31.
33
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives shown are throughApril, except where otherwise noted.Earlier data for items shown here maybe found on pages 24 to 138 of theFebruary, 1928, "Survey"
PAPER AND PRINTING— Continued
Newsprint Paper— Continued
Stocks, end of month:At mills —
United States _ _ short tonsCanada short tons..
At publishers .short tonsIn transit to publishers short tons..
Price, roll, f. o. b. mill., dolls, per 100 Ibs
Printing
Book publication:American manufacture no. of titlesImported - no. of titles
Sales books:New orders thous. of books. .Shipments ... thous. of books
Printing activity weighted index numberCash checks, shipments * thous. of checks..Blank forms, new orders * thous. of sets
Box Board
Operation ..thous. of inch hoursOperation per ct. of capacity.Production... short tons._New orders short tonsUnfilled orders, end of month short tons..Consumption of waste paper short tons.Shipments short tons..Stocks, end of month short tonsStocks of waste paper, end of month:
On hand __ _. _ short tonsIn transit and unshipped purchases. _ _ tons..
Other Paper
Binder's board, production . short tonsBook paper:
Production.. _ short tons..Ratio to capacity per cent..
Shipments short tons..Stocks, end oi month short tons..
New orders-Coated p. ct. of normal production..Uncoated.p. ct. of normal production..
Unfilled orders, end of month.Coated p. ct. of normal production..Uncoated.p. ct. of normal production..
Wrapping paper:Production short tons
Ratio to capacity per cent..Shipments ._ short tonsStocks, end of month. _ _ ..short tons..
Fine paper:Production short tons
Ratio to capacity per centShipments short tonsStocks, end of month. short tons..
All other grades:Production _. _ short tonsShipments 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 tonsStocks, end of month. short tons
Paperboard Shipping Boxes
Production:Total . thous. of sq. ftCorrugated -thous. of sq. ft..Solid fiber thous. of sq. ft..
Operating activity:Total .per cent of normal .Corrugated per cent of normal..Solid fiber ..per cent of normal. .
Other Paper Products
Abrasive paper and cloth:Domestic sales reamsForeign sales reams..
1927
Decem-ber
20, 87738, 117
218, 17746, 708
3.25
720102
10, 67112, 934
10570, 41344, 257
2 7, 524272.4
2 187, 7482 179, 852
74, 4302 179, 1292 183, 028
42, 610
145, 54934, 512
1,940
110, 46383
113, 22573, 403
8279
188, 863
7885, 22084, 916
38, 13691
37, 25951, 044
97, 72097, 83568, 751
2 642, 24276
2 640, 450341, 601
342, 376272, 80769, 569
666472
58, 26516,034
1928
January
25, 90537, 731
207, 44946. 522
3.25
507118
12, 32911,897
10843, 17343, 173
2 7, 892278.9
2 205, 0652 205, 549
82, 4462 190, 6312 198, 194
49, 172
157, 18562, 791
2,547
121, 50990
125, 03368, 265
8387
11g
96, 22391
93, 14487, 895
37, 47193
35, 55052, 410
99, 58898, 94660, 838
2 679, 38182
2 665, 078344, 485
347, 622227, 28070, 342
696775
80, 50517, 112
Febru-ary
28, 49939, 145
215, 11848, 212
3.25
654153
12, 33211, 722
10965, 86537, 172
2 8, 194282.0
2 213, 0662 216, 051
86, 7802 194, 7562 211, 687
50, 490
142, 72360, 918
4,382
123, 93993
123, 56769, 630
9686
119
93, 24989
92, 41087, 593
38, 87097
38, 28752, 973
96, 07593, 68066, 766
2 677, 50182
2 670, 176355, 951
402, 183326, 43075, 753
777584
83, 96916, 169
March
34, 64847, 657
206, 39241, 613
3.25
853151
13, 19011, 930
11078, 62940, 221
2 8, 856282.0
2 227, 5732 245, 753
2 94, 005209, 806
2 237, 8072 40, 424
139, 77547, 582
3,626
137, 57291
135, 37072, 415
8881
108
101, 61889
96, 33492, 551
42, 39993
43, 45951, 850
106, 303105, 72367, 354
2 735, 39782
2 732, 445359, 242
425, 361348, 83576, 526
807885
96, 87120, 558
April
33, 73446, 641
188, 38443, 363
3.25
697123
11, 79611,807
71, 715
8,32083.2
219, 012209, 20384, 513
209, 634218, 21440, 312
132, 71947, 551
3,450
125, 19191
117,30481, 105
9784
129
92, 65486
92, 46994, 551
40, 28892
37, 54853, 741
101, 42696, 86371, 428
696, 12482
» 680, 851374, 921
405, 319326, 47478, 845
747280
81, 85019, 634
1927
March
22, 74428,462
227, 04942,884
3.25
699141
12, 08512, 521
11084, 71531, 360
8,62879.9
219, 824230, 065114, 369209, 730217, 87654, 566
155, 51343, 789
2,774
123, 839
121, 85866, 767
9490
109
98, 325
95, 17969, 116
39, 195
40, 68449, 518
108, 797107, 83566, 662
723, 187
712, 359329, 373
421, 110338, 40082, 710
798076
98, 05420, 844
April
24, 10526, 389
215, 32940, 798
3.25
819135
11,04511, 167
10771, 76731, 270
7,77174.7
205, 589197, 435101, 861189, 942209, 94450, 211
147,93846,314
3, 040 !
110,217
110,658 j
66,099 |
87 |90
10 !10
93, 419
87, 62772, 705
40, 539
39,931 149, 446
99,211 !98, 06367, 589
678, 867
674, 889330, 155
403, 165322, 00281,163
777677
85, 33416,714 ,
PER CENT IN-CREASE (+) ORDECREASE ( — )
Apr.,1928,fromMar.,1928
' -2.6-2.1-8.7+4.2
0.0
1 -IS. 3I -18.51 -10.6: -i.o
-8.8
1 -6.1+1.5-3.8
-14.910.2-.1
-8.2-.3
-5.0-.1
-4.9
-8.00.0
-13.3+12.0
+10.2+3.7
+20.0+12.5
-8.8-3.4-4.0+2.2
-5.0—1. 1
-13.6+3.6
-4.6-9.4+6.0
-5.30.0
-7.0+4.4
-4.7-6.4+3.0
-7.5-7.7-5.9
-15.5-4.5
Apr.,1928,fromApr.,1927
+39.9+76.7-12.5+6.3
0.0
-14.9-8.9
+6.8+5.7
-0.1
+7.1+11.4+6.5+6.0
— 17.0+10.4+4.9
-19.7
-10.3+2.7
+13.5
+13.6
+6.0+22.7
+11.5-17
+20.0-10.0
-.8
+5.5+30.0
-.6
-6.0+8.7
+2.2-1.2+5.7
+2.5
+.9+13.6
+.5+1.7-2.9
-3.9-5.3+3.9
-4.1+17.5
CUMULATIVE TOTALFROM JANUARY 1THROUGH APRIL 30
1927 1928
2,900521
47, 68146, 063
307, 625* 93, 687
30, 981
788,315805, 646
745,331792, 380
10, 850
465, 590
462, 096
2,711545
49, 64747, 356
259, 3824 120, 566
33, 261
864, 716876, 556
804, 827865, 902
14, 005
508, 211
501, 274
369, 555 383, 744
359, 189
148, 946
375, 196
159, 028
151, 527 154, 844
402, 335391, 755
2, 693, 188
2, 672, 149
1, 617, 1881, 290, 989
326, 199
343, 33463, 702
403, 392395, 212
2, 788, 403
2, 748, 550
1, 580, 4851, 279, 019
301, 466
343, 19573,473
Per ct.in-
crease(+)
or de-crease(-)
cumu-lative1928from1927
|
-6.5+4.6
+4.1+2.8
-15.7+28.7
+7.4
I +9.7+8.8
+7.9+9.3
+29.1
+9.2
+8.5
+3.8
+4.5
+6.8
+2.2
+.3+.9
+3.5
+2.9
-2.3-.9
-7.6
0+15.3
* See table on p. 48 of the May, 1928, issue for earlier data. 2 Revised. 4 Cumulative through Mar. 31.
34
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives shown are throughApril, except where otherwise noted.Earlier data for items shown here maybe found on pages 24 to 138 of theFebruary, 1928, "Survey"
BUILDING CONSTRUCTION ANDHOUSING
Kentai>d vertisemen ts, Minneapolis. _ number . _Real estate conveyances (41 cities) number..
Building Costs
Building materials:Frame house, 6-room rel. to 1913 .Brick house, 6-room rel. to 1913 _
Concrete factory costs (Aberthau})..re\. to 1914. _Building costs (Eng. News Record). rel. to 1913. .Building costs (A. G. C.) rel. to 1913-Constructiou costs (Am. Appraisal):
Frame,- _ rel. to 1913 .Brick, wood frame rel. to 1913Brick, steel frame. - rel. to 1913Reinforced concrete rel. to 1913
Contracts and Losses
Contracts awarded (36 States) :Commercial buildings thous. of sq. ft..Industrial buildings thous. of sq. ft..Residential buildings thous. of sq. ft..Educational buildings thous. of sq. ft..Other public and semi-
public buildings thous. of sq ftGrand total thous. of sq. ft
Contracts awarded, value (36 States):Commercial buildings thous. of dolls..Industrial buildings thous. of dollsResidential buildings thous. of dolls.,Educational buildings thous. of dolls..Other public and semi-
public buildings thous of dollsPublic works and utilities.. thous. of dolls..
Grand total thous. of dollsBuilding volume (A. G. C.) rel. to 1913..Fire losses:
United States and Canada(Journal of Commerce) thous. of dolls,.
Canada (M on dar y Times). -thous. of dolls..
LUMBER PRODUCTS
Softwood Lumber
Southern pine:Production (computed) M ft. b. m _ _Operation per cent of full timeShipments (computed) M ft. b. m._New orders (computed) M ft. b. m._Stocks, end of ino (computed) M ft. b. inUnfilled orders end mo (com ) * M f t b mExports lumber M f t b mExports, timber M ft. b. m__Price, flooring dolls, per M ft. b. m
Douglas fir:Production (computed) M ft. b. m__Shipments (computed) .__ M ft. b. m..New orders (computed) M ft. b. m_.Exports lumber M ft b. mExports timber "M. ft b mPrice, No. 1 common-dolls, per M ft. b. m__Price, flooring, 1x4, "B" and
better V G M f t b mCalifornia redwood:
Production (computed).. _M ft. b. m._Shipments (computed) __M ft. b. m._New orders (computed) M ft. b. m__Unfilled orders,end mo. (com.)* M ft. b. m__
California white pine:Production M ft b inShipments M ft b inStocks, end of month M ft. b. m
North Carolina pine:Production (computed) M ft. b. m..Shipments (computed) M ft. b. m._
Northern pine:Lumber-
Production M ft. b. in..Shipmeiirs M ft b mNev orders 'VE ft b m
Lath-Production M ft. b. m__h5hipman^-! M! ft b m
Northern hemlock:Productioa M ft. b. mShiuments M ft. b. m..
1927
Decem-ber
2, 564143, 731
182187191204199
205214197201
9,0824,406
38, 7473,582
4,38160, 889
85, 28627, 938
202, 44722, 480
35, 82390, 194
464, 167162
31, 9351,947
419, 297
395, 239398, 192
1, 207, 534
52, 930308
35.54
437, 352386, 768397, 51151, 07246, 492
14.80
34.50
36, 02926, 88223, 39841, 518
72, 55282, 087
667, 618
48, 13947, 845
24, 30024, 68022, 156
4,4723, 994
13, 94910. 014
January
2, 473139, 314
173133192205199
205214196200
10, 8034,412
37, 5163, 380
3,95560, 271
65, 98134, 833
186, 90422, 854
30, 05569, 676
410, 535125
43, 2612,959
2 418, 71797
3 426, 2202 473, 900
»1,200,0312 352, 826
66, 332870
35.26
410, 493397, 571444, 51485, 2992,28015.23
34.04
39, 45430, 20138, 76350, 415
51, 18790, 891
609, 181
40,01937, 030
33, 55029, 45132, 708
7,3155,300
11, 4257.485
1938
!
*%?• «<*<*
2, 465 3, S20
182 Io4186 187192 192205 200199 197
203 [ 203212 ' - 212197 1U7200 200
9, 084 10, 8265,324 '• 6,940
42,548 54,5823, 071 5, 209
4, 855 6, 38565, 137 84, 266
51, 5G4 69,49031, 716 48, U68
232, 574 2(50, 00918, 232 33, 2.J5
53, 803 ±9, 45450, 134 lUu, 511
444, 023 572, 647124 137
41, 105 30, 3771, 713 2, 048
2 424, 525 2 460, 34699 f 100
2 417, 652 : 2 481, 6452 430, 141 2 498, 006
21,206,904 21,185,6052 365, 315 2 381, 676
47,011 66,527366 560
36.12 ! 35.69
507,633 ; 508,528479,879 479,879541,206 521,06245,346 58,02044,226 43,42315.99 16.08
i34.04 34.13
43,276 51,21038,700 ! 43,84737,299 45,31648,000 49,003
51,452 : 80,68397, 412 , 114, 182
566,957 534,740
51, 317 47, 52346, 74G 54, 866
3-4,513 32,73135, 413 39, 64538,470 i 38,856
5,726 : 5,1435,609 9,593
13,360 : 18,0899.520 ! 13.255
tI 1927
April I', March April
5, 561 ! 4, 1S3 5, 895101 754 ; 160 088
179 191 19013-1 190 189191 193 193210 209 207197 , 201 201
203 ; 204 ! 204212 213 213197 197 197200 200 200
13,896 14,712 : 12,25910,834 : 6,239 9,18755,281 ; 47,938 ; 47,7315,071 5,475 | 4,515
; !
5,941 1 7,569 ' 5,58291,222 ; ! 82,827 ; 79,722
80,514 ; | 106,925 j 78,08483,208 i! 47,560 i 40,032
289,325 i! 240,312 ' 259,84131,829 ; 35,413 J 34,326
45,900 63,948 ' 58,227113,746 101,717 1 113,246624,523 i 595,874 ! 583,766
164 135 166
25,981 26,808 39,7212,101 ; 2,361 2,173
421,911 ; 444,469 412,4729 9 i i
447,083 !| 452,940 438,466464,896 j | 459,862 433,287
1,160,433 111,239,474 1,205,135399,489 i j
53,952 ! 51,244 80,305291 I 89 389
35.74 39.66 39.56
520,615 |j 511,213 484,355549,264 1 510,766 565,827583,733 i 546,130 | 548,36858,862 j l 47,720 ' 46,69943,226 || 39,294 45,00315.99 16.80 : 17.24
33.97 i| 35.99 ! 35.81
38,489 i | 42,418 34,19938,820 ! l 51,273 i 44,27536,741 1 59,953 47,39447,916 ;| 69,897 72,703
100,978 ' ! 44,323 • 57,305106, 188 i 105, 261 ' 100, 206493,696 I 522,422 477,411
57, 155 ! 48, 755 49, 46262, 978 ! 47, 838 51, 191
36, 412 1 31, 109 42, 30237, 914 : 38, 777 41, 35335,926 : 33,908 44,555
6,184 I 6,532 9,8665,927 i j 7,875 ; 9,675
! 17,820 16,159; 21,462 22.278
! PER CENT IN-CREASE (+) ORDECREASE (— )
!
: Apr.,1928,from.Mar.,1928
+45. 6
; -1.8
+ L 90
0000
+28.4+56.1+1.3-2.6
-7.0+8.3
i +15.9; +73. 1; +1.2i -4.3; -7.2i +6.8! +9.0i +19.7
: -14.5i +2.6
1 -8.3
1 -7.2i -6.6! -2.11 +4 7| -18.9i -48.0i +-1
i +2.4i +14.5i +12.0! +1.5! -.5
-•6
-.5
i -24.8-11.5
! -18.9I -2.2
i +25.2-7.0
; -7.7
+20.3+ 14. 8
, +11.2-4.4
; """• 5
; +20.2i -38.2
Apr.,1928,fromApr.,1927
— 5. 7
— 5 8-2.6-1.0+ 1.4— 2.0
-.5— . 500
+13.4+17.9+15.8+12.3
+6.4+14.4
+3.1+107. 9
+3.6-7.3
-21.2+.4
+7.0-1.2
-34.6-3.3
+2.3
+2.0+7.3
o n
-32. 8-25.2-9.7
+7.5-2.9+6.4
+26.0-3.9-7.3
-5.1
+12.5-12.3-22.5-34.1
+ 76.2+6.0+3.4
+15. 6+23. 0
-13.9-8.3
-19.4
-37.3-38.7
' CUMULATIVE TOTAL1 FROM JANUARY 1i THROUGH APRIL 30
i
1927
16, 164426, 947
1958
14, 319434,101
Per ct.in-
crease' (+)1 or de-crease(_)
i cumu-lativeiy2SfromTJ27
— 11. 4
45, 80723, 384
156,45115, 286
21, 177265, 465
328, 7751 155, 1071 818, 186i 108, 256
199, 565317, 959
1, 929, 856
130, 7258, 888
1,682,770
! 1,772,600| 1,721,869
1 242, 6891,810
1 1,916,3791 1,974,127
2,069,475196, 388133, 740
44, 60927, 570
189, 92716, 731
21, 136300, 896
267, 549197, 825954, 872106, 170
179, 212346, 067
2,051,928
140, 7248,821
1, 725, 499
1, 635, 5601, 866, 943
233, 8222,087
1, 947, 2691, 906, 5932, 090, 515
247, 527133, 155
-2. o+ 17.9+21.4+9. 5
+13.' 3
-18.5+27.5+16.7
-1.9
-10.2+8.8+6. 3
'-Is
+2.5
-7.7+8.4
-3.7+15.3
+ 1.6-3.4+1.0
+26.0-.4
1 i
141, 227163, 463190, 067
172,429 i +22.1151,568 i -10.0158,119 ! -16. S
; 201,696 ! 284,300 j +41.0; 355,047 | 408,671 +15.1
200, 942 i 196, 014204,050 201,620
141,031 137,2061 144,290 j 142,423
140,040 i 143,960
30,987 24,36831,606 1 26,429
i j: * 59, 485 ' 42, 874! * 51. 709 t 4 30. 260
-2.5-1.2
-L3+2.8
-2,. 4-16.4
. -4L5! See tables on p. 22 of the April, 1928, issue lor earlier data* 2 Revised. * Cumulative though Mar. 31.
35
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives shown are throughApril, except where otherwise noted.Earlier data for items shown here maybe found on pages 24 to 138 of theFebruary, 1928, "Survey"
LUMB£B PRODUCTS— Continued
Hardwood Lumber
Walnut lumber:Production M ft. b. m._Shipments .__ ._ _ M ft. b. inStocks, end of month M ft. b. n i__New ordfrs A! ft b mUnfilled orders, end of m o n t h _ _ M ft. b. rn_.
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 mShipments M ft. b m
Lower Michigan hardwoods:Production M ft b mShipments M ft. b. in_.Stocks, end of month M ft. b in
All hardwoods:Total stocks, end of month-
Total hardwoods M ft. b. m._Gum M ft b inOak ... _M ft. b. m
Unsold stocks-Total hardwoods M ft. b. m._Gum ^ M ft b mOak M ft. b. m
Unfilled orders —Total hardwoods M f t b mGum M ft. b. m..Oak. M ft. b. m
Total Lumber
Production, 10 species M ft. b. m_.Exports, planks, joists, etc ._. M ft. b. mRetail yards, Minneapolis district:
Sales -. M ft. b mStocks, end of month M ft. b. m _
Composite lumber prices:Hardwoods dolls, per M ft. b. n i _ _Softwoods dolls, per M ft. b. m__
FlooringMaple flooring:
Production M ft. b. m_.Shipments _. M ft. b. mStocks, end of month __M ft. b. m _ _New orders _ _ M ft. b. mUnfilled orders, end of month. -M ft. b. m_-
Oak flooring:Production M ft. b. m_.Shipments - M ft. b mStocks, end of month M ft. b. m _New Orders. _. M ft. b. mUnfilled orders, end of month._M ft. b. m..
Doors at Wholesale*
White pine:Receipts _ numberShipments number. _Stocks, end of month numberUnsold stock, end of month number--
Fir:Receipts . numberShipments number--Stocks, end of month number _Unsold stock, end of month number. _
Wooden Furniture
Grand Rapids district:Shipments No. of days' production--New orders No. of days' production--Unfilled orders, end of
month _ _ . No. of days' productionOutstanding accounts, end of
month No. of davs' salesCancellations per cent of new orders _ .Plant operation per cent of full time--
Piano benches and stools:New orders (av. per firm) dollars. .Unfilled orders, end of month
(av. per firm) dollars. .Shipments—
Value (av. per firm) dollars. _Quantity (total pieces. .
1927
Dberm~ I January
3,3762, 548
13,0372,1585, 395
2,709
2, 6563,615
20, 70719, 269
4, 9965, 895
30, 902
930, 398263, 649331, 362
740, 914177, 437272, 082
225, 38883, 12665, 343
22,085,371168, 289
4,74280, 690
39.7426.84
7,8206,797
29, 5276,8838,736
32, 11329, 26674, 77334, 71527, 887
2313
29
5532.099.0
7, 784
1,803
10, 33813, 072
3, 0632,687
13, 2642, 6235, 389
2,255
2, 4163, 041
37, 54324, 164
7,9348,147
30, 821
1, 021, 295297, 464360, 590
805, 780219, 301296, 720
256, 464100, 56069, 392
22,007,527239, 145
5,04288, 976
40.4227. 37
7, 3467,252
28, 7218,1619,154
35, 94738, 08082, 23953, 88845, 925
10, 75612, 465
111,31394, 534
9,1758, 860
47, 60141, 637
2340
44
557.0
95.0
7,043
2, 851
5,9187,617
1928
* aryll~ March
2,585 : 3.2682, 762
13, 1792,8075, 491
2, 131
2, 0143,229
41, 18526, 512
9,1887, 541
30, 626
1, 145, 176334, 702408, 852
912, 816254, 192337, 262
281, 196103, 092
78, 2Q6
2,245,215158, 909
4,53594, 155
40.4727.50
7,5196,889
29, 1187,712
10, 034
38, 77140, 23282, 75836, 16342, 975
18, 76319, 309
116, 23488, 582
18, 06915, 52480, 34065, 764
2523
42
5413.094. 0
7, 556
2,076
7,6479,781
3, 04213, 3272, 8354, 613
2, 185
2, 4072, 951
44, 94829, 373
9, 1936,078
30, 870
1937 !
April March April
3, 319 2. 5473,115
11.2913 7Mf>
7, 279
2, 858
2,7382,047
52. 610
2,74511,0932 9788 243
2,285
2,1761,918
40. 625. _ ' ! 34! 848 27^838
22,423,055186, 541
7,10691, 428
41.2427.55
7,8628,184
28, 0367,2119,816
42, 27247, 59978, 85548, 81547, 134
44, 44238, 44983, 908
121, 445
29, 82231, 339
113,36189, 047
2520
34
537.0
92.0
6,818
1,978
6,9339,104
22,347,698179,352
9,48593,983 j
39.7728.00
7,331 '7,545 i
28, 3267,036 19,963
42, 92446, 10577,491 i46,071 '48,004
t!6, 487t20, 028
1163,986 if 61, 048 ;
110,006t!7,218f87, 199165,653
19
30
4712.090.0
5,626
1,650
5,9557,694
7,7997, 413
35, 897
862, 428225, 823303, 719
661, 711159, 759241, 518
234, 93381, 90468, 633
2, 378, 995153, 700
7,34790, 846
40.8030.26
9,5899,363
30, 3678,1209,300
39, 91742, 53567, 83344, 60947, 975
9,7137,484
47, 803
802, 761200, 180290, 994
617, 375142, 647229, 171
219, 10872, 06969, 044
2, 268, 148188, 014
2 7, 7892 91, 902
40.6530.52
8,14110, 02228, 1549,103
10, 856
35, 69740, 97062, 19645, 76351, 623
i
_ _
2722
42
5516.097. 5
7,837
2,286
8,42810, 670
2014
33
4726.0 ;95.0
8,129
2, 004
7,93510, 218
PER CENT IX- iCREASE (+) OR 1DECREASE ( — )
Apr.,1927,fromMar.,1928
Apr.,1927, ,fromApr.,1927
CUMULATIVE TOTAL }FROM JANUARY 1THROUGH APRIL 30
1927
4 8 3424 9, 2274 9, 921
4 7, 4164 7, 187
4 130, 8254 88, 498
* 24, 9424 22, 983
1
1928
4 8, 9164 8, 491
4 8, 270
4 6, 571
4 6, 837
4 123, 6764 80, 049
4 26, 3154 21, 766
: j 1
!
-3.1-3.9
+33.5+2.8
-3.6+1.6
-6.8-7.8+1.0-2.4+1.5
+1.5-3.1-1.7-5.6+1.8
—62 9—47.9+95 4—49.7
—66 5—45. 1—23 1-26.3
-20.0-5.0
-11.8
-11.3+71.4-2.2
-17.5
-16.6
-14.1-15.5
+3.5 I-4.6
+21.8+2.3
-2.2— 8. 3
g g
-24! 7+.6
-22.7-8.2
+20.2+12.5+24.6
+.7-7.0|
8, 962, 275674, 018
24, 278
- 36, 46035, 350
30, 215
146, 430150, 359
167, 002
9, 023, 495763, 947
26, 168
30, 05829, 870
30, 120
159, 914172, 016
183, 937
'-
0.0+35.7 ;
-9.1 ;
0.0— 53. 8-5.3
-30.8
-17.7 ,
-25.0-24.7
32, 973
31, 83740, 836
Per ct.in-
crease
or de-crease
cumu-lative
1928from1927
+6.9-8.0
-18.6
-11.4
-4.9
— 5. 5—9. 5
+5.5-5.3
+0.7+13.3
+7.8
-17.6-15.5
-.3
+9.2+14.4
+10.1
27,043
26, 43334, 196
-18.0
-17.0-16.3
* See table on p. 18 of the April, 1928, issue for earlier data. t Reported by only 15 firms. 2 Revised. 4 Cumulative through Mar. 31.
36
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives shown are throughApril, except where otherwise noted.Earlier data for items shown here maybe found on pages 24 to 138 of theFebruary, 1928, "Survey"
LUMBER PRODUCTS— Continued
Plywood and VeneerPlywood:
New orders thous. of sq. ft. of surface..Shipments__ ___thous. of sq. ft. of surface--Unfilled orders, end of
month thous. of sq. ft. of surface..Rotary-cut veneer:
Purchase. . _ . number of carloads _Receipts number of carloads
Barrel Headings
Circled headings for wooden boards:Production (rough) setsShipments (finished).. . _ _ .sets .New orders (finished) setsUnfilled orders, end of month ...sets..Stocks on hand, end of month sets..
STONE, CLAY, AND GLASS 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 month-
Burned thousands..Unburned thousands
Shipments thousands .Unfilled orders, end of month, .thousands. _Plants closed down number..Price, red, New York . dolls, per thous
Porcelain plumbing fixtures:Net new orders. _ _ pieces..Shipments pieces..Unfilled orders, end of month pieces..Stocks, end of month pieces..
Vitreous china plumbing fixtures:New orders pieces..Shipments _ pieces..Unfilled orders, end of month pieces..Stocks end of month pieces
Floor and wall tile:Production thous. of sq. ftShipments, value thous. of dolls .Shipments, quantity thous. of sq. ftStocks end of month thous. of sq. ft
Terra cotta, new orders:Quantity net tonsValue thous. of dolls .
Sand lime brick:Production thousands..Shipments by rail thousands..Shipments by truck thousandsStocks end of month thousandsUnfilled orders end of month thousands
Portland Cement
Production thous. of bbls..O Deration t per ct of capacityShipments -, thous. of bbls..Stocks end of month thou^ of bblsStocks clinkers end of month* thcus of bblsWholesale prices, composite dolls, per bbl_.
Highways
Concrete pavements, new contracts:Total. thous. of sq. yds..Roads thous. of sq. yds..
Federal-aid highways:Completed—
Cost thous of dollsDistance miles
Under construction, end of month. .miles..
Plate Glass
Production, polished thous. of sq. ft..
Glass Containers
Actual production:Quantity gross..Ratio to capacity _ per cent..
New orders. _ gross..Shipments.. gross..Stocks end of month grossUnfilled orders, end of month" gross..
1927
Decem-ber
2,1143,219
2,719
9486
585,774i 619, 607
698, 474'1, 079, 508;3, 205, 147
! 626i 3681 2, 832i 730
1 504,836! 76, 6011 168, 2821 224,825
11.25
6, 024i 12, 242
21, 925j 33, 353
227,925190,096
! 332,584557, 293
4,5111,5503,641
13, 175
9,898836
13,9124,1898,694
18, 53814, 772
11,99960.7
6,20021, 8217,5991.683
6,5424,657
17, 886758
8,517
7,446
2,22474.6
2,4741,7246,5519,616
1928
January
2,4692,575
2,863
80132
353, 674407, 094456, 145
1, 037, 3753. 341, 371
482402
2,958761
517, 89768, 611
131, 338219, 233
9112.75
13, 95313, 23922, 63937, 374
237, 727240, 829329, 482544, 461
4,6631, 4953,951
13, 902
10, 850949
12, 7894,9457,024
15, 86714, 830
9,76849.4
6,54125, 1169,6721.683
5,9024,103
10, 728458
8,480
8,205
2,20776.9
2,6801,9586,327
10, 140
Febru-ary
2,4502,896
2,808
97115
496, 759474, 116442, 426
1, 428, 5713, 500, 000
526447
3,037844
487, 71364, 492
121, 089231, 203
7313.50
12, 79411,96923, 46440, 930
494, 042246, 002577, 522538, 965
4,6491, 6834,185
14, 169
10, 2841,040
10, 9214,8296,204
16, 92012, 625
8,79747.5
6,56327, 34912, 2371.683
7,4645,615
8,209340
8,267
10, 093
2,08572.7
2,5772,1136,370
10, 633
March
2 2, 7093,125
3,807
91173
445, 504541, 853285, 493
1, 244, 3673, 030, 973
640686
2,960899
405, 46169, 460
233, 702251, 105
13.25
42, 13012, 07953, 51542, 442
391, 091335, 936622, 217462, 940
5, 287
April
2,4502,680
2,582
173185 :
303, 106519, 250281,671948, 505
2, 923, 701
622 i768
2, 757958
13.50
59, 64717, 03796,125 ]48,831
238,927291,015 ',570, 129445,922 •
13, 907
16, 5631,454
17, 0634,2739,391
16, 77716, 942
10, 22351.7
10, 1352 27, 4452 14, 463
1.683
12, 4068,746
11,411395
8,332
11,297
2,57082.9
3,4242,6466,283
11, 272
12, 2261,153
10,5004,829 i8,397
14,590 !14, 123
13, 46870.0
13, 30727, 60514, 9781.683
17, 78812, 722
9,953 |
2,42184.3
1,9652,4916,239
10,705 J
1927
March
3,5263,373
3,814
10090
965, 163779, 871250, 939
1, 072, 7943, 309, 362
852687
2,9391,007
427, 48469, 160
184, 206369, 857
5417.00
April
2,3622,370
3,182
8484
854, 926596, 346282, 009
1,166,9423, 278, 677
729774
2,6141,074
371, 320100, 953197,411348,211
216.50
PER CENT IN-CREASE (+) OR
! DECREASE ( — )
Apr.,1927,
I fromMar.,1928
1 -33.9| -14.2
-32.2
| +90.1+6.9
-32.0-4.2-1.3
-23.8-3.5
-2.8+12.0-6.9+6.6
Apr.,1927,fromApr.,1927
+3.7+42.3
-18.9
+106. 0+120. 2
-64.5-12.9
-is!?-10.8
-14.7-.8
+5.5-10.8
iCUMULATIVE TOTAL
FROM JANUARY 1THROUGH APRIL 30
1927 1928
1
12, 818 10, 07812, 082 11, 276
370305
3, 068, 8522, 776, 0411, 624, 849
i
2, 6302, 164
Per ct.in-
crease(+)
or de-crease(-)
cumu-lative
1928from1927
-21.4-6.7
341 -7.8605 ; +98.4
1,599,043 -47.91,942,313 i -30.01,465,735 -9.8
2,270 : -13.72,303 r +6.4
i !
i i
i4 590, 436 * 486, 129 -17.7
:::::: 1 1+1.9
-4-41.6i 1 -4-41.0
213, 166239, 245351, 091596, 685
5,4671,9635,188
11, 282
12, 3921,356
16, 7487,707
10, 81113, 80225, 415
11, 450
11, 10023, 92212, 9971.683
9,3005,135
10, 119435
9,632
11, 641
2,23472.3
2,3902,3686,488
11, 137 1
267, 740220, 786347, 645618, 492
5,4531,8794,948
11, 658
14, 6331,513
16,2176,229
10, 8848,493
18, 413
14, 048
14, 35023, 65413, 3351.683
15, 48210, 264
6,170265
9,821
10, 299
2,20574.1
2,0042,3466,341
10, 658
-38.9-13.4-8.4-3.7
-18.2 !
-10.8+31.8+64.0-27.9
-26.2-20.7
-38.5+13.0-10.6-13.0-16.6
+31.7
+3L3+.6
+3.60.0
+43.4+45.4
-11.9
-5.8+1.7
-42.6-5.9-.7
-5.0
-16.4-23.8
-35. 3-22.5-22.9-71.8-23.3
-4.1
+ie!7+12.3
0.0
+14.9+23.9
-3.4
+9.8+13.8-1.9+6.2.-1.6+.4
776, 9751, 007, 538
< 16, 110
44, 8694,894
50, 84922, 94533, 491
41, 133
38, 149
33, 40920, 391
24, 0691,434
29, 070
39, 144
7,563
9,9578,384
1,361,787 +75.31,113,782 ' +10.5
< 14, 599 -9.4
49,923 ! +11.34,596 : -6.1
51,273 ' +.818,236 - -20.531,016 -7.4
42,256 ! +2.7
36, 551
43, 56031, 186
30, 3481,193
25, 079
39, 548
9,283
10, 6469,208
-4.2
+30.4+53.0
+26.0-16.8-13.7
+1.0
+22.7
+6.9+9.8
* See table on p. 18 of the April, 1928, issue for earlier data. 2 Revised. 4 Cumulative through Mar. 31.
37
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives shown are throughApril, except where otherwise noted.Earlier data for items shown here maybe found on pages 24 to 138 of theFebruary, 1928, "Survey"
STONE, CLAY, AND GLASS PROD-UCTS— Continued
Illuminating GlasswareProduction:
Total .number of turns..Ratio to capacity per ct. of capacity. _
New orders per ct of capacityShipments per ct of capacityUnfilled orders, end
of month number of weeks' supplvStocks end mo number of weeks' supplv
CHEMICALS AND OILSChemicals
Sulphuric acid:Exports thous of IbsPrice, wholesale dolls per 100 Ibs
Nitrate of soda:Imports long tonsProduction in Chile —
Quantity metric tonsUnits reporting number of plants..
Potash, imports long tons..Superphosphate (acid phosphate) :
Production short tonsStocks end of month short tonsShipments . short tons
Fertilizer:Exports long tonsConsumption, Southern States -Short tons..
Dyes and dyestufT, exports:Vegetable.. thous. of IbsCoal tar thous. of Ibs
ArsenicCrude:
Production short tonsStocks end of month ^hort tons
Refined:Production . short tonsStocks, end of month short tons
Price index numbers:Crude drugs rel. to Aug , 1914Essential oils rel to Aug 1914Drugs and Pharma-
ceuticals rel to Aug 1914Chemicals rel to 1913 14Oils and fats rel. to 1913-14..
Wood ChemicalsAcetate of lime:
Production — •United States .thous. of Ibs..Canada thous. of Ibs..
Shipments —United States thous. of IbsCanada thous. of Ibs. .
Stocks, end of month-United States thous of IbsCanada thous of Ibs
Exports thous. of IbsPrice, wholesale dolls, per cwt
Methanol, crude:Production —
United States ...gallons..Canada gallons..
Stocks at crude plants, end of month —United States gallonsCanada.- .gallons..
Stocks at refineries and in transit-United States gallonsCanada gallons
Exports gallons..Wood at chemical plants:
Consumption —United States _. cords.Canada. _.cords_.
Stocks, end of month —United States cords. .Canada cords
Daily capacity —Total cordsShutdown cords
Methanol, refined:Production-
United States .gallons--Canada.- gallons--
Stocks, end of month-United States gallons--Canada gallons. _
Shipments-United States ..-gallons--Canada gallons . .
Price, wholesale. N. Y _. dolls. Der eal..
1927
Decem-ber
2,35333.232.936.7
1.04.0
541.78
66, 546
233, 84962
16, 227
350, 5871, 995, 954
79, 885
80, 319157, 858
4222,222
1,1251,375
7822,101
201128
169112128
12, 7181,186
12, 527395
15,9312,4622,0783.50
635, 16649, 107
354, 26650, 299
1, 165, 54443, 45839, 369
67, 1015,700
565, 45675, 124
3,329226
470, 96941, 000
419,81234, 752
506, 31016, 937
.48
1928
January
2, 68534.839.736.5
1.24.2
560.78
69, 867
242, 80062
31, 646
358, 0082, 196, 7362
101, 540
87, 632603, 343
2391,715
1,1581,407
8272, 496
208130
169112130
12, 5191,109
11, 094831
17, 2032,8401,6303.50
649, 55147, 234
344, 79839, 249
1, 126, 15256, 10433, 384
68, 5595,858
560, 56874, 440
3,293249
496, 07338, 700
455, 31629, 198
482, 66617, 775
.48
Febru-ary
2,93640.638.136.9
1.44.3
580.78
144, 716
236, 60063
33, 774
2 345, 0402, 087, 723
2 201, 571
74, 9551, 113, 569
2762,848
1,6002,005
6682,403
209131
169112122
11,7181,091
9,539507
19, 5623,4591, 7603.50
592, 85545, 659
363, 32546, 158
1, 132, 37755, 29842, 871
64, 0805,640
543, 55574, 734
3,323261
390, 09944, 850
467, 72333, 044
407, 35135, 986
.46
March
3,13739.439.639.5
1.34.2
728.78
177, 187
253, 80063
22, 230
357, 9561, 348, 654
435, 921
114,6322, 185, 435
4901,735
1,0761,834
6882,479
212132
169113122
2 13, 0221,152
2 12, 303488
2 20, 1864,0622,0373.50
2 657, 46047, 377
2 333, 49655, 776
1, 079, 04747, 26841, 232
2 72, 3035,793
2 534, 16175, 117
3,323261
442, 02348, 400
412, 59748, 413
469, 30811, 505
.46
April
3,24341.842.440.1
1.13.7
842.78
131,819
28, 137
127, 111862, 878
2961,788
210139
169113125
11, 743944
12, 0621,636
20, 5663,084
9173.50
610, 25335, 768
326, 18332, 773
1, 120, 97055, 93459, 244
64. 2484,664
525, 75074, 749
3,275251
468, 44646, 000
430,' 29847,311
412, 59739, 856
.46
1927
March
3,02339.039.041.0
1.03.5
420.75
94, 151
i 90, 47928
19, 308
2 223, 25321,559,8472 292, 670
109, 5801,498,537
3883, 595
1, 3802, 378
1,0302,230
206126
155113134
14, 2231,007
14, 002; 785
22, 6203,0571,5793.50
726, 69442, 823
387, 68440, 335
645, 85222, 57420, 584
75, 7555, 300
481, 80733, 526
3,526295
569, 05939, 925
597, 37967, 938
411, 11436, 109
.83
April
3,03039.839.638.8
1.03.7
1,024.75
97, 480
99, 05030
15,911
213, 7141, 012, 805
225,637
128, 689870, 224
3001, 227
1, 0752, 208
9252, 059
207123
156113132
13, 138932
13, 560428
22, 2073,454
9743.50
666, 63839, 016
325, 88841, 468
819, 21612, 94941, 254
69, 8954,790
524, 25931,113
3,535319
420, 74139, 910
606, 97573, 706
416, 99635, 340
.83
PER CENT IN-CREASE (+) ORDECREASE ( — )
Apr.,1927,fromMar.,1928
+3.4+6.1+7.1+ 1.5
-15.4-11.9
+15.70.0
-25.6
Apr.,1927,fromApr.,1927
+7.0+5.0+7.1+3.4
+ 10.00.0
-17.8 !
+4.0
+35.2 ;
+26.6 +76.8
! :
+10.9-60.5
-39.6+3.1
-1.2-.8 ;
-1.3 !+45.7
-.9+5.3
0.01 0.0
+2 5
-9.8I -18.1
-2.0+235. 2
+ 1.9-24.1-55.0
0.0
-7.2-24.5
-2.2-41.2
+3.9+ 18.3+43.7
-11.1-19.5
-1.6-.5
-1.5-3.8
+6.0-5.0
+4 3-2.3
-12.1+246. 4
0.0
+1.4 :+13.0 :
+8.3 |0.0
— 5 3
-10.6+1.3
-11.0+282.3
-7.4 !-10.7-5.8
o.o ;
-8.5 i-8.3 \
+.1-21.0
+36.8+332. 0+43.6
-8.1-2.6
+.3 1+140. 3
-7.4-21.3
+11.3+15.3
29 1-35.8
-1.3+12.8-44.6
CUMULATIVE TOTALFROM JANUARY 1THROUGH APRIL 30
1927
11,621
2,830
272, 449
4 243, 883
83, 802
4 775, 392
* 592, 791
417, 1373, 732, 142
1,1689,638
* 3, 941
4 2, 753
1928
12, 001
2,710
523, 589
4 733, 200
115, 787
4 1, 061, 004
* 739, 032
404, 3304, 765, 225
1, 3018,086
* 3, 834
4 2, 183
54, 2104,186
47, 8121,893
4,683
2, 879, 388177, 865
89, 076
294, 85521, 492
1, 775, 727152, 195
1, 540, 068128, 002
Per ct.in-
crease
or de-crease
cumu-lative
1928from1927
+3.3
-4.2
+203. 6
+200. 6
+38.2
+36.8
+24.7
-3.1+27.7
+11.4-16.4
-2.7
-20.7
49, 0024,297
44, 9993,461
6,344
2, 510, 119176, 038
176, 731
269, 19021,955
1, 796, 641177, 950
1, 771, 922105, 122
-9.6+2.7
-5.9+82.8
| +35. 5
-12.8-1.0
+98.4
-8.72.2
+1.2+69.2
+15.1-17.9
2 Revised. 1 Cumulative through Mar. 31.
38
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives shown are through \April, except where otherwise noted, iEarlier data for items shown here maybe found on pages 24 to 138 of the \February, 1928, "Survey" \
CHEMICALS ANI> OILS— Continued
Ethyl Alcohol
Production _ .. thous. of gals. JWithdrawn for denaturization. .thous. of gals..Warehouse stocks, end of month, thous. of gals__
Explosives
(Black powder, permissible, and other highexplosives) j
Production , thous. of Ibs. ;Shipments _. thous. of Ibs..New orders thous. of Ibs..Stocks, end of month thous. of Ibs. _
Naval Stores
Turpentine (gum):Net receipts, southern ports barrels. .Stocks at ports, end of month .barrels. .Price, southern, in barrels,
New York dolls per galRosin (gum):
Net receipts, southern ports barrels. _Stocks at 3 ports, end of month barrels. .Price, common to good (B),
New York dolls, per bbl_.Rosin (wood):
Production barrels. _Stocks, end of month barrels. .
Turpentine (wood):Production barrelsStocks, end of month barrels
Pine oil:Production ._ gallons . _Stocks, end of month ...gallons..
RoofingRoofing felt:
Production, dry felt . tonsStocks, end of month, dry felt tons..
Prepared roofing:Shipments.. thous. of roof squares. .
Fats and Oils
Total vegetable oils and copra:Exports _ ...thous. of Ibs _Imports thous of Ibs
Copra, imports short tonsCopra or coconut oil:
Imports thous. of IbsConsumption in
oleomargarine thous of IbsOleomargarine:
Production . _ thous. of IbsConsumption thous. of lbs._
Animal glues, shipments . thous. of IbsAnimal glues (quarterly) :
Production _ ..thous. of Ibs..Stocks, end of quarter thous. of Ibs. .
Edible gelatin (quarterly):Production thous. of lbs__
1927 1928
1 !
D-r J-^y Fearyu~
19,50218,7608,158
29,49027, 83927, 39819, 196
28, 15481, 939
.54
115, 397248, 755
8.70
28, 48385, 553
5,29112, 869
192, 141588, 571
25, 8533,118
3,386
8,48160, 01029, 582
29, 339
13, 549
27, 46126, 7176,100
3 28, 8483 33, 616
3 4. 652Stocks, end of quarter. _. thous. of lbs._ 3 7. 845
CottonseedCottonseed:
Receipts at mills short tonsConsumption (crush) short tons. _Stocks at mills, end of month, .short tons..
Cottonseed oil, crude:Production thous. of IbsStocks, end of month _. thous. of lbs_.
Cottonseed oil, refined:Production ._ thous. of IbsStocks, end of month thous. of Ibs. _Factory consumption (qtly.) .thous. of Ibs..Price, yellow, prime,
New York dolls, perlb...Consumption in
oleomargarine __ - thous. of IbsCottonseed cake and incal:
Production short tons. _Stocks, end of month ...short tons .Exports short tons
Flaxseed
Minneapolis and Duluth:Receipts .. .thous. of bushsShipments thous. of bushsStocks, end of month thous. of bushs_ _
Imports .thous. of bushs..
483, 281605, 206992, 049
192, 057157, 578
176,051502, 901
3251,805
.100
2,154
268, 757190. 35443, 327
[
1,0792,0353,9971.029
13,050 i10,098 |9, 463
29,60731,332 !29,87917,973 |
i
7,76472, 035
.60
41, 160200, 262
9.54
29, 20085, 413
5,77110, 631
198, 646605, 771
21, 7433,088
1,587
9, 40559, 87026, 872
32, 751
13, 191
26, 20527, 7296,814
11,2209,061
10, 120
31, 89531,03529, 20318, 447
4,56861, 906
.60
30, 549159, 053
8.94
32, 79290, 429
5,64510, 477
237, 953641, 354
19, 0983, 558
1,320
8,93949, 8115,178
22, 271
14, 009
27, 62426, 3276,672
I
339, 212570, 408763, 353
181, 022168, 519
143. 378538, 257
.101
2,162
259, 275177, 11853, 249
925576
3, 2121,181
177, 229450, 627489, 955
144, 658159, 302
138.231506, 832
.093
2,114
202, 264170,82727, 671
i
660457
2, 6681,264
March i
11, 0508, 68G
30,945
30, 00130,80129,66018,645 ;
5,624 !40,338 !
.60
25, 544123, 074
8.89
35, 14898,101
6,64710, 862
259, 079693, 522
25, 4922,775
3,284
9, 40656, 17915, 200
20, 889
13, 381
27, 28827, 4276,524
3 30, 7773 36, 275
3 5, 5833 9, 020
95, 296323, 307261, 944
108, 387124, 730
124, 848i 541, 640i s 303, 478
.096
2,214
I 150, 984! 110,819i 12,514
595612
! 2, 087I 1,671
April
20, 76545, 458
.58
67, 762140, 805
8.54
34, 831108, 394
6,05210, 963
240, 845727, 416
27, 5342,844
4,61865, 15211,334
23, 112
12,284
24, 29122, 800
15, 947164, 872113,019
56, 94583, 371
84, 159516, 232
.099
2.013
82, 27384, 8708, 230
474584
1,6271.718
|
i 1927
March
11,49112, 2248, 3] 3
; 32, 19031, 89031, 517
' 19, 518
: 10, 13224, 668
! .74
i 36, 322| 81, 013
11.23
i 35, 31353, 866
! 7, 253i 6, 953
\ 245, 232; 345, 842
i 25, 209i 3, 417
! 2, 891
1 6, 95048, 13714, 747
16, 130
; 11,169
25, 48427, 234
: ; 6,546'•••• 328,040l | 336,429
j i 35,344i i 39,265
i 358, 989i 615, 072| 561, 686
i 2 186, 914139,879
! 170, 868505, 199
; ' 342, 229
.095
2, 487
278,417178,737
, . 23,860
; j 5 7 4i 398
! : 2,023! ! 2,097
PER CENT IN-CREASE (+) ORDECREASE ( — )
Apr.,1927,
April j from' Mar.,
i 1928
12, 67411,6188,459
31, 96233, 13231, 41518, 043
30, 98931, 802
.67
97, 028107,562
9.70
34,59858, 652
7,0357,473
239, 027355, 790
27, 6383,089
3, 183
6,05072, 305
; 19, 107
35, 149
10, 279
23, 569! 23, 267i 0, 175
+269. 2+12.7
-3.3
+165. 3+14.4
-3.9
-.9+10.5
-9.0+.9
-7.0+4.9
+8.0+2.5
-50.9+16.0-25.4
+10.6
-8.2
-11.0-16.9
+6.7+7.9
+20.04-15.0
! 103, 239 -83. 3! 352, 994 -49. 01 311,931 -56.9
i 106,887 ! -47.5i 123,141 i -33.2
' 111,408 ! -32.6! 531,376 ! -4.7! J +20.5
.091 | +3.1
2,173 -9.1
j 164, 748 -45. 5! 180, 741 -23. 4
8,636 i -34.2
374 -20.3i 330 -4.6i 1,860 i -22.0
2, 360 1 +2. 8
Apr., !1927, s
from iApr.,1927
1CUMULATIVE TOTAL
FROM JANUARY ITHROUGH APRIL 30
1927
* 35, 06030, 265
i 4 101.420* 99, 1944 Qfi 935
-33.0+42.9
-13.4
-30.2 1+30.9
-12.0
+.7+84.8
-14.0+46.7 ;
+.7+104.5 1
-.4 |-7.9
—
-23.7-9.9
-40.7
-34.2
+19.5
+3.1-2.0
+9.8— 4
+4.5-2.6
-84.6-53.3-63.8
-46.7-32.3
-24.5-2.8
-11.3
+8.8
-7.4
-50. 1-53.0
—4. 7
+26.7+77.0-12.5-27.2
53, 645
199, 700
-
4 35, 280
* 93. IKS
oS, 7-1
loo. 015
Per ct.in-
crease
or de-crease
cumu-lative
1928from1M27
— 8.0
— 9.8-6.1-7. S
-23. 8
-17.4
137, 122
27, 928
933, 019
91, 782
* 5, 987
28, 402210, 60766, 055
99, 020
40, 965
94, 146; 92, 716j 4 20, 001
1,517,4242, 504, 573
755, 238
689, 422
131,971
24. I}".
936, 523
93, 867
4 6, 191
32, 368231,012
58, 584
99, 023
52, 865
105, 407104, 283
« 20. 010
1, 509'. 214
491,012
490.610
-3.8
-13.7
+.4
+2.3
+3. 4
+14.0i +9.7' -11.3
0.0
+29.0
i +12.0'1 4-12.50. 0
-58.6I -39.7
-35. 0
—28. 8
---- |
8,679
1, 130, 665
175, 370
2,2501, 686
8, 021
\ 8, 503
\ 694, 796
101,604
2,6542. 229
! o. S34
-2.0
-38.5
-42.0
+ 18.0; +32.2
— 27 °:
* Revised. 8 Quarter ending in month indicated. 4 Cumulative through Mar. 31.
39
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives shown are throughApril, except where otherwise noted-Earlier data for items shown here maybe found on pages 24 to 138 of theFebruary, 1928, 'Survey"
CHEMICALS AND OILS— Continued
Flaxseed— Continued
Oil "mills (quarterly):Consumption thous. of bushsStocks, end of quarter . thous. of bushs-.
Linseed oil:Shipments from Minneapolis.thous. of lbs__Production (quarterly) thous of IbsFactory consumption (qtly ) thous of IbsStocks, end of quarter thous. of IbsPrice, New York dolls, per lb_.
Linseed cake and meal:Shipments from Minneapolis. thous. of Ibs..Exports thous. of lbs__
FOODSTTJFFS
. Wheat
Visible supply, end of month:United States thous of bushsCanada thous of bushs
Receipts, principal markets.. -thous. of bushs..Shipments, principal markets.thous. of bushs..Exports:
United States-Wheat only thous. of bushs. _Including wheat flour.thous. of bushs..
Canada —Wheat only thous. of bushs..Including wheat flour.thous. of bushs..
Prices:No. 2, red winter, Chicago-dolls, per bush..No. 1, northern spring,
cash Minneapolis dolls per bush
Wheat Flour
Grinding of wheat:United States thous. of bushs..Canada thous of bushs
Production:United States, actual thous. of bbls..United States prorated thous. of bblsCanada thous of bbls
Production, grain offal thous. of lbs._Capacity operated flour mills per centConsumption (computed) thous of bblsStocks, all positions, end of
month (computed) thous. of bbls..Exports:
United States thous. of bbls..Canada thous. of bbls..
Wholesale prices:Standard patents IVtinn dolls per bblWinter, straights, Kansas
Citv dolls per bbl
Corn
Exports, including meal _. _ thous. of bushs...
Receipts, principal markets. ..thous. of bushs..Shiprnents, prin. markets thous. of bushs..Grindings (starch, glucose) thous. of bushs. .Prices, contract grades, No. 2,
Chicago dolls per bush
Oats
Receipts, principal markets .. .thous. of bushs. .Visible supply, end of month. .thous. of bushs..Exports, including meal thous. of bushs..Prices, contract grades,
Chicago dolls per bushGrindings Canada thous. of bushsProduction, oatmeal and rolled
oats Canada thous. of Ibs
Barley
Receipts, principal markets ...thous. of bushs, -Visible supply, end of mo thous. of bushs ._Exports thous. of bushs..Price, fair to good, malting,
Chicago dolls per bush
Rye
Receipts, principal markets. ..thous. of bushs, .Visible, supply end of mo thous. of bushs..Exports, including flour thous. of bushs..Pripp "NTo 2. Chir.affo dolls, ner bnsh
1927
Decem-ber
s 12, 7013 9, 179
8,8783 238, 0463113,3023 193, 544
.096
22, 58153, 999
90, 506147, 50626, 52219, 440
6,917211,972
44, 80949, 114
1.38
1,275
42, 6048,115
9,23510, 8771,767
745, 24253
10, 451
6,100
1,126957
7.10
6. 56
1,20628, 39037, 08816, 0646,301
.87
10, 73322, 982
2389
.551,202
14, 734
4,1992,707
2 3, 649
.88
2, 3863, 275.1, 309
1.09
1928
!
January Febru-ary
13, 023 12, 917
.098
27, 05644, 367
82, 368152, 56023,54214, 284
5,95611, 560
15, 20118, 647
1.43
1,293
42, 4157,246
9,13210, 5021,579
744, 22755
8,207
7,150
1,245766
7.45
6.70
1,66130, 07836, 00119, 5518,330
.89
10, 49521.519
2623
.561,040
12, 461
6, 4012,359
2 1, 901
.93
1,4773, 656
5191 .09
.098
28, 54053, 532
74, 260152, 76022, 48812, 771
2,2766,536
18, 37221, 828
1.54
1,263
41, 1406,737
8,87210, 1071,464
727, 28756
9,340
6,970
947768
7.37
6.66
4,09743, 58244, 12622, 7058,339
.95
11, 66720, 634
2336
.58822
9, 360
4,4572,206
2 1, 004
.96
1,3334, 078
4581. 12
March
s 11,8713 4, 261
15, 7223 223 7513 112, 1993 237, 517
.099
29, 54753, 686
69, 939143, 91926, 26314, 883
2,7407,290
18, 65523, 794
1..62
1,315
2 44, 7487,481
2 9, 65910, 7381,617
2 790, 08854
10, 499
6,200
1,0111,142
7.54
6.88
3,69746, 73441, 03924, 4029,243
.99
13, 97516, 265
2453
.61944
10, 982
5,0522,7382915
.99
1,9824, 959
3131.20
April
.098
38, 582
63,625129, 55217, 94914, 269
2,7237,660
8,36111, 103
1.81
1,417
38, 835
8,367
686, 41351
1,097609
8.11
7.56
3,35536, 05619, 57918, 8498, 285
1.03
12, 43611,453
387
.65
2,7172,339
876
to,
1, 1865,051
3661.27
1927
March
311,037s 3, 087
10, 6263 202, 1623 109, 6743 206, 319
.105
12, 73264, 866
51, 404109, 39216, 60512, 164
5,0848 9, 009
16, 39521, 026
1.34
1,359
iI 40, 835
6,643
8,93610, 3961,455
700, 54050
2 10, 076
6,500
8671,029
7.33
6.58
2,18050, 07919, 31010, 1117,336
.73
10, 27238, 155
| 2 228
.49734
! 8, 603
2, 2543, 002
2 2, 295
.78
! 1, 48514, 048
7861.00
April
10, 826
.106
11, 17864,896 !
40, 45583, 12114, 42017, 636
211,3632 15, 935
20, 18222, 050
1.34
1,341
2 38, 0285,281
8,3099, 6671,154
659, 19849
8,551
6,600
1,016415
7.25
6.58
1,54839, 13010, 45J12, 3266,846
.74
9,1273,2982853
.48632
6,661
2,2101,619
2 1, 364
.83
I 1, 4496, 2494,5001.03
PER CENT IN-CREASE (+) ORDECREASE ( — )
Apr.,1927,fromMar.,1928
-6.5-53.6
-6.08
+22.7—1.0
-28.1
-9.0-10.0-31.7-4.1
-.6+5.1
-55.253.3
+11.7
+7.8
-13.2
-13.4
-13.1-5.6
+8.5-46. 7
+7.6
+10.0
-9.3-22.8-52.3-22.8-7.6
+4.0
-68.7-29.6-14.6
+6.6
!
-46.2-14.6-4.3
+2.0
-40.2+1.9
+16.91 +5.8
Apr.,1927,fromApr.,1927
+7 6+38.0
+10.7+2.3
+15.1-7.5
-40.5
+54. 8+55.9+24.5-19.1
-76.0-51.9
-58.649.6
+35.8
+5.7
+2.1
+.7
+4.1+4.1
+8.0+46.7
+11.9
+14.9
+116.7—7.9
+87.3+52.9+21.0
+39.2
+36.3-62.2-54.6
+35.4
+22.9+44.5-35.8
+21.7
-18.2-19.2-92.0+23. 3
CUMULATIVE TOTALFROM JANUARY 1THROUGH APRIL 30
1927
< 28, 587
4 51, 902245, 187
76, 57253, 970
29, 41446, 385
60, 57073, 918
154, 786* 19, 077
33, 8924 29, 068
* 4, 1822, 660, 055
4 26, 515
3,7662, 956
7,768
82, 06641, 57527, 310
43, 829
1,668
4 2, 218
! 4 25, 204
9,474
1928
* 41, 662
4 85, 143190, 167
90, 24256, 207
13, 69533,046
60, 58975, 372
167, 0594 21, 464
36, 0304 31, 347
4 4, 6602, 948, 015
4 28, 046
4,3003,285
12,810
140, 74585, 50734, 197
48, 573
1,799
4 2, 806
4 32, 803
18,627
! 6, 235 4, 696
i 6, 371 5, 978
6,681 | 1,656
Per ct.in-
crease(t}
or de-crease(-)
cumu-lative
1928from1927
+45. 7
+64. 0-22. 4
+17. 9+4.1
-53.4-28.8
+.1-53.3
+7.9+12. 5
+7.8+11.4+10. 8
+5.8
+14.2+11.1
+64. &
+71.5+105. 7+25. 2
+10. 6
+7.9
+26.5
+30.1
+96. 6
-24.7
-6.2*
-75. 2
* Revised. 3 Quarter ending month indicated.1 Cumulative through Mar. 31.
40
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives shown are throughApril, except where otherwise noted.Earlier data for items shown here maybe found on pages 24 to 138 of theFebruary, 1928, "Survey"
FOODSTUFFS— Continued
Total Grains
Total grain exports, incl. flour.thous. of bushs..
Rice
Southern paddy, receipts at mills bbls..Shipments:
Total from mills pockets (100 lbs.)._New Orleans. pockets (100 Ibs.) ..
Stocks, end of month pockets (100 lbs.)__Exports _ pockets (100 lbs.)_-Imports pockets( 100 lbs.)_.
Other CropsApples:
Cold-storage holdings,end of month. .thous. of bbls..
C ar-lot shipments carloads . _Potatoes, car-lot shipments carloads..Onions, car-lot shipments carloadsCitrus fruit, car-lot shipments carloads. _Hay, all tame, receipts . ...tons..
Cattle and Beef
Cattle movements, primary markets:Receipts thousandsShipments total thousandsShipments, stocker and feeder. .thousands..Local slaughter thousands ..
Beef products:Production, inspected thous. of lbs._Apparent consumption ..thous. of lbs._Exports thous. of lbs._Cold-storage holdings,
end of month thous. of lbs_.Prices:
Cattle, corn-fed, Chicago.. dolls, per 100 Ibs..Steer rounds No. 2 dolls, per lb_.Western dressed native steers,
New York dolls, per lb._
Hogs and Pork
Hog movements, primary markets:Receipts _ thousands..Shipments, total thousands..Shipments, stocker and feeder. .thousands..Local slaughter _ thousands. .
Pork products, total:Production, inspected thous. of lbs._Apparent consumption thous. of Ibs. _Exports thous. of lbs__Cold-storage holdings , end of month:
Total thous. of lb s__Fresh and cured thous. oflbs..
Lard (included in prok products) :Production _ thous. of lbs._Exports thous of IbsCold-storage holdings,
end of month thous. of Ibs. .Prices:
Hogs, heavy, Chicago dolls, per 100 lbs_.Hams, smoked, Chicago. dolls, per lb_.Lard, prime contract, N. Y. .dolls, per lb_.
Sheep and Lamb
Sheep movement, primary market:Receipts thousandsShipments, total thousandsShipments, stocker and feeder.. thousands. .Local slaughter thousands _ _
Lamb and mutton:Production, inspected thous. of Ibs. _Apparent consumption thous. of Ibs..Cold-storage holdings,
end of month thous. of Ibs..Prices:
Sheep, ewes, Chicago dolls, per 100 lbs_.Sheep, lambs, Chicago.. .dolls, per 100 lbs_.
Miscellaneous Meats
Cold-storage holdings, end mo... thous. of Ibs. _
Total Meats
Production, inspected ..thous. of lbs._Cold-storage holdings, end mo .. .thous. of lbs_.Apparent consumption thous. of Ibs
2 Rev
1937
Decem-ber
2 18, 526
831, 033
1, 006, 759234, 740
2, 290, 857267, 29454, 723
6, 8455,881
13, 2062,234
12, 12351, 806
1,691729319980
403, 660394, 808
1,097
76, 947
15.50.196
.238
4,2091,485
952,745
793, 789594, 14087, 955
578, 280523, 425
155, 15762, 855
54, 855
8.58.214.120
1,609723174896
44, 66044, 246
4,408
5.6313.01
61, 420
1, 242, 109721, 055
1, 033, 194
ised.
1938
January
2 12, 264
853, 581
1, 118, 120158, 323
2, 106, 310469, 43552, 744
5,3075,305
19, 6653,1149,057
63, 009
1,771660234
1,080
387, 750393, 945
974
71,651
15.80.220
.230
5, 3061,849
773, 443
935, 467675, 66898, 794
739, 645655, 638
190, 55770, 660
84, 007
8.32.212.124
1,705705116994
47, 08147, 055
4,404
6.0512.65
64, 219
1, 370, 298879, 919
1, 116, 668
Febru-ary
2 12, 431
804, 645
961, 109224, 932
2, 038, 415322, 07158, 820
3,6994,913
22, 2582,4708,735
62, 673
1,516552194961
370, 385379, 461
935
63, 749
14.78.200
.230
5,2671,810
,^3, 4cu
1, 017, 548641, 246109, 280
1, 006, 998885, 916
217, 35479, 872
121, 082
8.03.210.116
2 1, 669729101945
44, 05744, 428
4,020
8.1615.13
71, 707
1, 431, 9891, 146, 4741, 065, 135
March
2 12, 659
942, 266
905, 678170, 442
2, 137, 656288, 77139, 279
2 2, 4543, 569
23, 5821,743
10, 19457, 567
1,465522173940
378, 2512 384,815
1,143
2 57, 256
13.72.205
.221
4,6391,760
782, 892
890, 4082 618, 459
116,937
21,162,2432 997, 737
155, 05279, 929
2 164, 506
7.83.207.118
1,5202705
952814
42, 1292 43, 052
2 3, 252
8.4115.38
2 74, 949
1, 310, 78921,297,70021,046,326
April
12, 644
620, 032
835, 992205, 148
1, 957, 878392, 91933, 085
1,3762,322
16,8512 9938^ 893
46, 628
1,684640254
1,013
361, 718375, 482
1,052
46, 134
13.34.200
222
3,4831,385
652,077
585,081529, 61086,159
1, 132, 386959, 323
56, 554
173, 063
9.09.201 j.121
1,591778134814
36, 24837, 893
1,974
8.9015.98
70,526
983,0461, 251, 020
942,985 ;4 C
1937
March
1 2 14, 499
621,153
734, 405, 199, 2581,867,788! 442,5281 60, 538
3,1415,276
21, 0051,738
12, 94663, 971
1,743607201
1,134
436, 571446, 970
2,025
77, 159
11.92.158
.175
3,7541, 368
1022,386
695, 176539, 757
76, 508
830, 515738, 446
140, 26753, 040
92, 069
11.01.270.130
1,558719140843
41, 54442, 737
2,940
8.0015.08
60, 951
1, 173, 290971, 565
1, 029, 464
umulative
April
2 24, 200
371, 901
569, 194130, 146
1, 696, 891455, 15999, 637
1, 5983,630
19, 4972,968
12, 91152, 716
1,674602204
1,066
421, 6662 436, 178
2 2, 043
62, 928
12.28.178
.187
3, 1421,101 !
842,050
603,019473,26691, 842
869, 823770, 212
126, 60967, 345
99, 611
10.51.268.128
1,486690118800
37, 54538, 641
1,862
7.7815.81
58, 521
1, 062, 2302 993, 134
948, 077
through IV
PEE CENT IN-CREASE (+) ORDECREASE ( — )
Apr.,1927,fromMar.,1928
-0.1
-34.2
-7.7+20.4-8.4
+36.1-15.8
; -43.9! -34.9! -28.5
+71.7-12.8
I -19.0
+14.9• +22.6
+46.8+7.8
-4.4-2.4-8.0
-19.4
-2.8-2.4
+.5
-24.9+21.2-16.7-28.2
-14.3-14.4-26.3
— 2. 6-3.9
09 2
+5.2
+16.1-2.9+2.5
+4.7+10.4+41.1
0.0
-14.0-12.0
-39.3
+1.0+3.9
-5.9
-25.0-3.6-9.9
Car. 31.
Apr.,1927,fromApr.,1927
-47.8
+66.7
+46.7+57.6+15.4-13.7-66.8
-13.9-36.0-13.6
+.8-31.1-11.5
+0.6+6.3 !
+24.5-5.0
-14.2-13.9-48.5
-26.7
+11.7+13.6
+18.7
+10.9+25.8 ;-22.6 :+1.3
-3.0+11.7-6.2 j
+30.2+24.6 :
-16.0
+73.7
-13.5 i-25.0-5.5
+7.1+12.8+13.6+1.8
-3.5-1.9
+6.0
+14.4+1.1
+20.5
-7.5+26.0
-.5
CUMULATIVE TOTALFROM JANUARY 1THROUGH APRIL 30
1937
68, 738
2, 459, 362
3, 301, 649755, 799
1, 673, 527287, 555
1938
49, 998
3, 220, 524
3, 820, 899758, 845
1, 473, 198183, 928
24, 616 16, 10975, 224 82, 3569, 521 10, 320
48, 437 36, 879251, 713 2B9, 877
6, 804 6, 4362,403 j 2,374
785 ; 8554,348 | 3,994
1, 703, 637 1, 498, 1041,739,614 1,532,566
7, 791 4, 104;
Per ct.in-
crease(+)
or de-crease(-)
cumu-lative
1928from1927
-27.3
+31.0
+15.7+.4
-12.0-36.0
-34. 6+9.5+8.4
-23,9-8.7
-5.4-1.2+8.9-8.1
-12.1-11.9-47.3
14,456 18,695 i +29.35,311 6,804 i +28.1
379 i 295 i i -22.29,136 11,869 I I +29.9
2,690,408 3,428,504 ' +27 A2,023,480 2,464,983 ; i +21.8
327,634 | 411,170 j +25.5
4 414, 574230, 111
6,2852,897
6013,393
163, 760166, 613
4, 557, 816
3, 929, 699
4 562, 963 ! +35.8287, 015 +24. 7
6,4852,917
4463,567
169, 516172,428
+3.2+0.7
-25.8+5.1
+3.5+3.5
5, 096, 122
4, 171, 114
+11. £
+6.1
41
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives shown are throughApril, except where otherwise noted.Earlier data for items shown here maybe found on pages 24 to 138 of theFebruary, 1928, "Survey"
FOODSTUFFS— Continued
Poultry
Receipts at 5 markets thous of IbsCold-storage holdings end of mo thous of Ibs
Fish
Total catch, prin. fishing ports.. .thous. of lbs_.Cold-storage holdings 15th of mo thous of IbsCanned salmon:
Shipments United States casesExports, Canada cases
Butter
Production (factory) thous . of IbsReceipts, 5markets___ thous. of lbs._Cold-storage holdings, creamery,
end of month thous of IbsApparent consumption thous, of IbsWholesale price, New York dolls, per lb__
CheeseTotal, all varieties:
Production (factory) thous. of IbsReceipts, 5 markets thous. of Ibs..Apparent consumption _thous. of lbs._Cold-storage holdings,
end of month thous. of lbs._Imports thous. of IbsExports, United States thous. of Ibs..Exports, Canada. thous. of Ibs
American whole milk:Cold-storage holdings,
end of month thous of IbsWholesale price, New York.dolls. per lb_.
EggsReceipts, 5 markets thous of casesCold-storage holdings, end of month:
Case thous of cases
MilkCondensed milk:
Total stocks, mfrs., end mo. —Case goods ..thous. of Ibs..Bulk goods thous of Ibs
Unsold stocks, mfrs., end mo.—Case goods thous of Ibs
Exports thous. of lbs_.W^holesale price New York dolls per case
Evaporated milk:Manufacturers' stocks, end mo.—
Total, case goods.— thous. of Ibs. _
Exports thous. of Ibs. .Wholesale price, New York.dolls. per case..
Production, condensed andevaporated milk _ thous. of lbs._
Powdered milk:Manufacturers' total stocks.. thous. of lbs_.Exports thous. of lbs._Net new orders thous of Ibs
Fluid milk:Receipts-
Boston (includ. cream) . .thous. of qts..Greater New York thous of cits
Production-Minneapolis, St. Paul thous. of Ibs..
Consumption in manufactureof oleomargarine thous. of Ibs
SugarRaw:
Imports —From Hawaii, Porto Rico___long tons..From foreign countries long tons..
Meltings 8 ports long tons
Receipts, domestic, at NewOrleans long tons
Refined:Shipments 2 ports long tons
Exports, including maple long tons..Prices:
Wholesale, 96° centrifugal,N. Y_ dolls, per lb_.
Wholesale, granulated, N. Y. dolls, per lb_.Retail, granulated, N. Y dolls, perlb..Retail average. 51 cities _ .relative to 1913- .
1927
Decem-ber
70, 350117,490
14, 05164, 787
349, 11295, 921
88, 16433, 687
46, 289163, 244
.52
21, 18613, 82635, 335
64, 0357,474
2118,878
47, 765.29
608
88247, 020
24, 8208,310
19, 0484,6562,3456.00
140, 133117, 115
4,5324.57
99, 465
5,723336
5,559
17, 376108, 272
22, 627
7,363
20, 058201, 139243, 364205, 573
10, 204
45, 34030, 3873,651
.046
.056
.062
.129
1928
January
29, 347118, 154
14,30053, 921
254, 394168, 946
103, 86142, 271
28, 273159, 687
.49
24, 03314, 40937, 408
55, 8625,347
2571,324
41, 793.29
862
2638, 575
20, 6188,457
15, 1515,2163,8196.00
118, 44495, 1207,3604.58
102, 847
8,334236
4,880
17, 490109, 709
26, 140
7, 190
45, 026219, 926307, 050192, 968
None.
40, 95829, 5423,184
.045
.057
.063
.129
Febru-ary
20, 857103, 494
18, 86044, 877
316, 39279, 760
96, 76841, 140
14,404143, 844
.47
24, 45613, 71636, 618
48, 7845,303
2081,148
36, 710.24
1,320
6631, 362
2 17, 9242 7, 635
12, 5342 5, 230
2,6455.98
93, 45865, 4707,5314.46
131, 3232 9, 185
3284,781
15, 964104, 413
26, 192
8,117
130, 034344, 459310, 612333, 493
None.
47, 63120, 2838,842
.043
.056
.063
.129
March
18, 1352 83, 169
28, 3162 34, 528
314, 241103, 127
107, 89645, 748
2 5, 716156, 505
.49
30, 41014, 65541, 490
43, 3035,759
2662,011
31, 887.25
2,034
2 1, 087234,411
15, 8442 8, 299
10, 8682 6, 034
4,7075.84
2 75, 9492 56, 201
8,7424.23
181, 476
2 9, 113266
2 6, 062
18, 176114, 214
28, 780
7,762
204, 691425, 817468, 496458, 231
None.
70, 41431, 6219,865
.045
.057
.063
.129
April
16, 00656, 783
24, 38726, 529
37, 231
117, 75744, 721
5,139163, 257
.45
28, 96015, 13836, 570
41, 7356,229
187668
30, 152.24
2,310
4,49751, 691
18, 49611, 622
13, 1696,3812,7005.83
94, 18772, 121
6,4214.23
170, 884
11,716303
6,036
27, 522
7,035
164, 551448, 326409, 447666, 061
None.
60, 57142, 0928,645
.045
.058
.064 !
.129 l
1927
March
15, 777104, 697
28, 61034, 887
368, 071126, 594
106, 87345, 210
3,044154, 276
.51
32, 92814, 87242, 985
47, 8407,824
3463,191
35, 193.25
1,997
1,86833, 272
10, 9357,812
5,3783,8812,9745.75
47, 4769,3466,2324.50
152, 840
6,601171
4,679
18, 140113, 200
27, 794
7,042
157, 549400, 544553, 004321, 629
46
84, 07052, 05618, 295
.048
.058
.067
.135
April
13, 95677, 282
20, 55624, 731
206, 64753, 450
124, 09948, 279
3,436165, 822
.50
38, 12616, 92338, 212
45, 6166,923
3271,117
32, 487.24
2,729
5,50152, 053
14,6089,721
8,3173,6892,7615.84
58,4558,5317,0544.58 |
182,413
6,683 1336 1
6,012 |
17,976 i108,761 !
26,458 |
6,518 I
158,556 i417,332 I482,656379,210
30
85,40149,44115,822 j
.048
.058
.063
.133
PER CENT IN-CREASE (+) ORDECREASE ( — )
Apr.,1927,fromMar.,1928
-n,-31.7
-13.9-23.2
-63.9
+9.1-2.2
-10.1+4.3-8.2
-4.8+3.3
-11.7
-3.6+8.2
-29.7-66.8
-5.4-4.0
+13.6
+313. 7+54.7
+16.7+40.0
+21.2+5.8
-42.6o
+24.0+28.3-26.5
0.0
-5.8
+28.6+13.9
-.4
A A
-9.4
-19.6+5.312.6
+45.4
-14.0+33.1-12.4
0.0+1.8+1.6
0.0
Apr.,1927,fromApr.,1927
+14.7-26.5
+ 18.6+7.3
-30.3
-5.1-7.4
+49.6— 1.5
-10.0
-24.0-10.5-4.3
-8.5-10.0-42.8-40.2
-7.20.0
-15.4
-18.3— . 7
+26.6+19.6
+58.3+73.0-2.2-.2
+61.1+745. 4
-9.0-7.6
-6.3
+75.3-21.7
+.4
+4.0
+7.9
+3.8+7.4
-15.2+75.7
-29.1-14.9-45.4
-6.30.0
+1.6-3.0
CUMULATIVE TOTALFROM JANUARY 1THROUGH APRIL 30
1927
76, 386
86, 655
4 1,340, 318352, 657
416, 458169, 569
602, 001
123, 91359, 417
153, 958
25, 1431,399
10, 921
6,872
11, 282
23, 171
571, 407
1,02918, 474
« 50, 6644 318, 375
104, 343
26, 109
529, 0921, 348, 4001, 689, 114
1,603
276, 290
46, 418
1928
84, 345
85, 863
< 885, 029389, 064
426, 282173, 880
623, 293
107, 85957, 918
152, 086
22, 638918
5,151
6,516
13, 871
30, 054
58G, 530
1,13321, 759
* 51, 630« 328. 336
109, 767
30, 104
654, 0691, 438, 5281, 495, 605
None.
219, 574
30, 536
Per t.in-
crease(t}
or de-crease(-)
cumu-lative
1928from1927
+10.4
-0.9
-33.0+10.3
+2.4+2.5
+3.5
-13.0-2.5-1.2
-10.0-34.4-52.8
-5.2
+22.1
+29.7
+2.6
+10.1+17.8
+1.9+3.1
+5.2
+15.3
+23.6+6.7
-11.5
-20.5
-34.2
2 Revised. ^Cumulative through Mar. 31.
42
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives shown are throughApril, except where otherwise noted.Earlier data for items shown here maybe found on pages 24 to 138 of theFebruary, 1928, "Survey"
FOODSTUFFS— Continued
Sugar— Continued
Cuban movement (raw):Receipts at Cuban ports - long tonsExports long tons..Stocks, end of month long tons_.
CoffeeImports _ - thous. of bags..
" Visible supply: fWorld thous. of bags..United States thous. of bags..
Receipts, total, Brazil f thous. of bags. _Clearances: |
Total, Brazil, for world thous. of bags..Total Brazil for U S thous. of bags
Price, Rio No. 7, Brazil grades,N. Y dolls, per lb_.
TeaImports thous. of IbsStocks, United Kingdom, end of
month ._ _ thous. of Ibs..Price, Formosa, fine, New York._dolls. per lb._
TOBACCO
Consumption (tax-paid withdrawals):Large cigars thousandsSmall cigarettes . thousandsManufac. tobacco and snuff, -thous. of Ibs..
•Exports:Unmanufactured thous. of IbsCigarettes - thousands
Sales of loose-leaf, warehouses thous. of lbs._Price, leaf, average warehouse sales,
Kentucky dolls, per 100 Ibs..
TRANSPORTATION
River and Canal Cargo Traffic
Panama canal:Total cargo traffic thous. of long tons..In American vessels thous. of long tons. _In British vessels _thous. of long tons..
Sault Ste Marie canals thous. of short tons..New York State canals. _ . thous. of short tons__Cape Cod Canal - short tonsSuez Canal thous. of metric tons..Welland Canal short tons..St. Lawrence Canal short tons..Mississippi River, Govt. barges short tons__Ohio .River, Pittsburgh, Pa., to
Wheeling, W. Va short tons..Allegheny River short tons._Monongahela River. short tons..Ohio River, tonnage originating (quarterly):
Pittsburgh district thous. of short tons..Huntington district___thous. of short tons..Cincinnati district thous. of short tons..Louisville district thous. of short tonsTotal. _ thous. of short tons..
Ocean Traffic
Clearances, vessels in foreign trade:Total thous. of net tonsAmerican thous of net tonsForeign thous. of net tons
Shipbuilding
Completed during month:Total - gross tons _ .Steel seagoing .gross tons. .
Building or under contract, end of month:Merchant vessels thous. of gross tons..
Freight Cars
Surplus (dailv av. last week of month):Total ". cars..Box carsCoaL- _ _ . _ cars.
. Shortage (daily av. last week of month) :Total .. . .. . ...cars..Box cars..Coal cars .
Car loadings:Total ... ... _ _ carsGrain and grain products cars..Livestoek... . carsCoal and coke. cars..
1927
Decem-ber
86, 425244, 852212, 314
1, 144
5, 041768
1,372
1,441876
.142
9,057
245, 505.325
397, 0076, 870, 462
26, 685
47, 885364, 467116, 822
20. 220
2,5741,099
7631,169
None.98, 4262,504
53, 88353, 793
114,063
685, 546176, 540
1, 965, 934
3 2, 3853 1, 281
3 1393 1, 1403 4, 945
5,2962, 0573, 239
35, 86730, 742
204
464, 005224, 247183, 638
25None.None.
4, 172, 605219, 482144, 519869, 877
1 PER CENT IN-19?3 1837 CREASE (+) OR
; DECREASE ( — )
January F£ru-
238, 129212, 161177, SOI
1,148
4,862782
1,216
1,237687
.148
8,160
254, 957.325
413, 5328, 369, 087
33, 002
42, 958962, 574135, 470
23. 227
2, 3721,019
698None.None.
2 73, 0932,647
None.None.
105, 521
517, 48881, 585
2, 327, 246
5,1631, 8653,298
9,2942,888
214
403, 792182, 001169, 463
43
None.
3, 447, 723187, 197127, 658752. 752
898,615326, 705851, 113
1,024
4,792833
1,022
980507
.157
6,087
252, 704.325
453, 6057, 531, 914
32,310
41,624836, 92161, 235
19. 294
2, 6601,121
872None.None.30, 575
2,439None.None.
125, 328
656, 43580, 245
2, 056, 247
5, 0351,8773,158
20, 78715, 218
207
372,916155, 554168, 172
None.None.None.
3, 589, 694187, 045130, 005726. 259
March
1,016,015584, 153
1, 202, 871
1,085
5,050873
1,324
1,306789
.168
7,577
242, 771.325
497, 9048, 470, 466
33, 582
46, 938864, 541
8,325
12. 467
2,4291,101
682None.None.63, 3712T891
None.None.
2 104, 535
680, 548118,900
2, 103, 8773 1, 8453 1,041
3 1073 592
3 3, 585
5, 5811, 8953,686
12, 9905, 907
344, 502125, 627171,481
None.None.None.
4,752,031237, 266143, 383869. 335
April i March
586, 747447, 097
I, 325, 601
935
5, 152892
1,195
1,042518
.154
4,299
223, 464.325
459, 0227,511,408
30, 602
42, 0071, 147, 089
587
12. 735
2,4741,154
716
105, 857
52, 46956, 931
112,000
772, 624
5,5372,0903, 447
320, 762134, 069140, 091
None.None.None.
3, 738, 295159, 131105, 146620. 985
1,084,038512,824
1,310,347
8031 4, 318! 765; 1, 063
1, 223| 672
.158
5, 369
188, 551; .345
528, 6988, 026, 096
35, 347
42, 574747, 96761,319
10. 526
2,5341,350
641None.None.52, 0812,724
None.None.
104, 301
765, 632108, 433
2, 529, 8283 1, 9993 1, 001
3763 487
3 3, 562
5, 1471,8823,265
41,86926 847
288
248, 477131, 84468, 417
538None.
466
4, 982, 547195, 305136, 276
1.082.226
April
595, 154441, 653
1, 449, 624
962
4,261806933
942511
.162
5,2512 175, 080
.345
475, 9807, 880, 403
31, 561
35, 209468,852 i
8,076
6.490
2,4301,410 I
4914,698
16954, 1552,786
321, 670241, 070121, 673
744, 400184, 915
1,829,631
6, 1602,6183, .542
42, 75233 631
235
259, 736137, 43290,075 I
'l!i
3, 875, 589148, 524110,340P>63. 092
Apr.,1928,fromMar.,1928
-62.2-23.5+10.2
-13.8
+2.0+2.2-9.7
-20.2-34.3
-8.3
-43.3
-8.00.0
-7.8-11.3-8.9
-10.5+32.7-92.9
+2.1
+1.9+4.8+5.0
.+67.0
+7.1
+33. 5
-22.0-18.7-23. 0-48.1-27.5
-0.8+ 10.3-0. 5
-6.9+6.7
-18.3
-21.3-32.9-26. 7— 2S n
Apr.,1928,fromApr.,1927
— 1.4+ 1.2—8 6 ;
9 ft— /. o ,
+20 9+10.7+28.1 |
+10. 6 '+1.4 |
-4.9
-18.1
+27. 6 1-5.8 \
-3.6-4.7 !-3.0 !
+19.3 !+144.7 !-92.7 |
+96.2 i
+1.8 1-18.2 !+45.8
+65. 0 |
83 7 i—76 4 '-7.9
+3.8
« -+ 4.0
+40.8+21. 6+0.6
-10.1-20.2-2.7 |
+23.5-2.4
+55. 5 ;
— 100 0-100.0— 100 0
-3.5 !+7.1 |-4.7 !— K 2 !
CUMULATIVE TOTAL !FROM JANUARY 1THROUGH APRIL 30
1927 i 192$
2,967,212 i 2,739,5061,517,587 | 1,570, 116
3, 623 4, 192 ;
4,266
4,3532,296
25, 081
1, 912, 45229, 785, 021
131, 786
191,5832,589,116
317, 122
9,4365,1252,149
198, 5594 7, 238
401, 066
3, 656, 2254 283, 280
46 835 265
4,757 :
4,5652,501
26,123
p^r c»r
in-crease(+)
or de-crease(-)
cumu-lative1923from1927
-T-3.' 5
+15. 7
+11.5
+4.9+8.9
+4.2
j
1,824,06331,882,875 i
129,496
173,527 '3,811,125 i
205,617 1
\
9,9354,3952,968
-4.6+7.0— 1.7
-9.4+47.2-35. 2
TO. 3-14.2+3*. 1
I272,896 ,
4 7 977 ;+37. 4+ 10. 2
"" "i
447,384 !
2,627.095 j4 280, 730 !
46 487 370 >
21,2168, 053
13, 143
4 67, 6394 43, 587
21,316 !7,727 i
13,589
4 43, 071 !
4 24, 013 |
16,416,714 15,527,743695, 447 ' 770, 639 i486, 684 506, 192 j
3 nS7 9n9 9 QHQ T} 1 i
+ 11.5
-23.1q
+3.4
-36. 3-44,9
+ 10. 7+4.0
t See table on p. 23 of the April, 1928, issue for earlier data. 2 Revised. i Quarter ending in month indicated. 4 Cumulative through Mar. 31
43
TREND OF BUSINESS MOVEMENTS—Continued
The cumuiatives shown are throughApril, except where otherwise noted.Earlier data for items whosn here maybe found on pages 24 to 138 of theFebruary, 1928, "Survey"
TRANSPORTATION— Continued
Freight Cars— Continued
Car loadings— Continued.T/Qrgv't V'OdUCtS CarsOY"6 C8TSMerchandise and 1 c 1 corsMiscellaneous cars
Railroad Operations
Operating revenue:Freight .. thous. of dolls..Passenger thous. of dollsTotal operating.... thous. of dolls_.
Operating expenses thous. of dollsNet operating income thous. of dolls _Freight Carried mills, ton-miles
Railway Equipment
Locomotives (Am. Ry. Assn.}:Owned, end of month-
Quantity - - numberTractive power _ _ mills, of lbs._
In bad order end of month —Quantity .. . number. _Per cent of total in use per cent -
Installed . _ number _ _Retired numberNew orders . number _Shipments, manufacturers' (census)—
Total . _ numberSteam, domestic number..Electric, domestic number _ _
Unfilled orders (railroads), end of mo.—From manufacturers number - _In railroad shops _ number. .
Unfilled orders, manufacturers' ( Census)—Total -.. number _Steam, domestic ... number. .Electric, domestic number
Exports, steam number..Shipments (qtly), electric locomotives —
Mining number ._Industrial number
Freight cars (Am. Ry. Assn.)-Owned, end of month-
Quantity ... _ carsCapacity mills, of Ibs
In bad order, end of month —Quantity - ears..Per cent of total in use per cent
New orders .. ... _ _ _ . ...cars-.Shipments —
Total ..- - -- cars.Domestic cars
Unfilled orders (railroads)—Total carsFrom manufacturers _ _ carsIn railroad shops- .. . ..cars
Passenger cars:New orders carsShipments-
Domestic carsUnfilled orders, end of quarter cars_.In railroad hands, end of quarter cars..
Passenger Travel
National parks:Visitors.. numberAutomobiles entered _ . . ... number
Arrivals from abroad:Immigrants numberUnited States citizens number. _
Departures abroad:Emmigrants number. _United States citizens number _ .
Passports issued number. _Pullman company operations:
Revenue thous of dollsPassengers carried thousands _ .
Hotel room occupancy! per ct. of capacity..
PUBLIC UTILITIES
Telephone companies:Operating revenue thous. of dollsOperating income.. . ... thous. of dolls
Telegraph companies:Commercial telegraph tolls.thous. of dolls. .Operating revenue thous. of dollsOperating income thous. of dolls. .
1927
Decem-ber
193$
January
259,598 ''. 233,36840 682 g>-1 <7'-J'7
I, 460,' 873
334, 74281, 990
467, 598377, 80055, 33434, 580
60, 7842,595
8,25713.6135378149
724113
8013
2321783925
31543 19
2, 313, 3753210,923
130, 4935.8
14, 114
2,5452,536
12,4319,3413,090
150
174174
33643 53, 495
26, 9393,925
22, 35018, 922
9,08525, 2098,387
6,4112,831
66
67, 08910, 935
11,01613, 7471, 654
927, 2991, 187, 712
337, 38278, 483
457, 426363, 38456, 63436, 271
60, 6792,597
8,73314.5154259
2
472223
15122
2221613813
2, 309, 577210, 649
136, 1156.0
2,098
774576
18, 46415, 4593,005
615
7868
50, 5916,679
18, 14619, 909
5, 32327, 1268, 896
6, 9632, 886
72
66,02616, 783
9,95612,467 i1,137 •
Febru-ary
270, 91431,394
974, 3821, 269, 695
346, 02469, 551
456, 593348, 498
70, 06435, 701
60, 5982,596
8, 85714.714122230
594311
14823
20414640
2, 306, 816210, 471
138, 8706.2
5,876
444444
19, 74817, 6032,145
82
7472
57, 9506, 658
20, 88831,941
4,70834, 8108,971
6, 3932, 563
71
64, 56715, 648
9, 78512, 2011,228
March
343, 78042, 859
1,299,3221, 816, 086
387, 73970, 466
505, 185373, 30590, 77439, 467
60, 4712,596
8, 28713.7140267
15
704415
11720
1781233726
3 1233 JO
22,303,6882 210, 312
139, 6986.2
4,029
3,3323,281
22, 23320, 6481,585
45
8050
3 1, 0363 53, 409
57, 7323,194
26, 27034, 217
4,93129, 42217, 334
6, 1312, 625
68
68, 12017, 335
10, 90413, 5732, 009
April
2o7,31C>41. 055
1, 040, 9991, 513, 663
60, 3732,596
8,56314.3
9619433
46386
11225
1881294116
2, 300, 955210, 193
149, 8696.7
5,683
4,5684,324
19, 32517, 5891,736
142
5134"
71, 67911,872
!
"~27,~6<J8~
FT 'I C I > . T I \ - CUMULATIVE TOTAL1927 CRi , VilM-+ ) OR FROM JANUARY 1
DECREASE ( — ) THROUGH APRIL 30
March
352, 61154, 599
1, 315, 1741. 846, 356
2 406, 5782 76, 679
2 531, 6172 395 735
2 94, 607241,817
62, 2752,613
9,33415.114220170
1378411
210S4
392301
5547
3 272311
2 33? 569211,483
130, 4705.7
5,253
4,4494,445
26, 71717, 3959,322
212
8671
3 1, 0133 53, 999
59, 5976, 887
29, 86832, 752
4, 24427, 04117, 556
6, 4582. 738
73 i ' 6 8
' ! 65.679
1
16, 892
10, 94413, 4892,297
April
273, 757101, 893
1, 047, 9711,530,012
371,39077, 332
498 428384 668
73, 62737, 102
62, 2382,614
8,91514.518722327
987223
18730
3342554215
2 332 184211, 649
135, 4585.9
3,362
5,5705, 562
26, 30518,2178,088
6
8888
56, 5438,508
33, 03429 055
Apr.,1927,fromMar.,
1928
-4.2-19.9-16.7
2o.'o
+3.3+4.4
-31.4-27.3
+120. 0
-34.3-13.6-60.0
-4.3+25.0
+5.6+4.9
+10.8-38.5
—20.1-47.4
— 1-.1
+7.3+8.1
+41.1
+37.1+31.8
-13.1-14.8+9.5
+215. 6
-36.3-32.0
+184. 6—0 2
+24.2+271. 7
4,18526,81527, 144 +56. 3
6 3292 775 •>
72 i +7.4
65, 16316,650 ;
10,63613,152 i1,950 i
Apr.,1927,from 1937 1828Apr.,1927
-6. 0-59.7
-LI
-3.0
-3.9-1.4
-48.7-13.0+22.2
-53.1-47.2-73.9
-40.1-16.7
-43. 7-49.4-2.4+6.7
—54 8
1, 159, Z'27237, 090
4, 319, 2045, 930, 710
1,118,759i 236, 9091 1,488,769[ 1,145,569! 225, 538
118,309
j
634848208
372241
52|
j , 105,378147, 045
4, 242, 0025. 787, 156'
1, 071, 145218, 500
1, 419, 2041, 085, 187
217, 472111,439
53194288
23214755
i
i
112 61
-9.1 '. -
— 1 3
+10. 6+13. 6+69.0
-18.0-22.3
-26.5-3.4
-78.5
-42. 0-61.4+2.3— 1 1
+26. 8+39. 5
~~-6.~2~
+ 1.4
| 29, 996
j 16, 251i 16, 176
i 778
290i 256
!
i 226,711: 27, 941
4 70, 3671 4 74, 762
1 4 12, 1214 78, 256
63, 1344 19, 724
4 8, 309
4 191,4534 48, 7384 30, 567
i 4 37, 9194 4, 971
17, 886
9,1188,625
884
283224
237, 95228, 403
4 65, 3044 86, 0674 14, 9624 91, 358
62, 2294 19, 487
4 8, 074
4 198, 7134 49, 7664 30, 645 !4 38, 241
4 4, 374
Per ct.in-
creasei (+)
or de-crease(-)
cumu-lative
1928from1927
-4.7-38. 0-1.8-,4
=*s-4.7-5.3-3. 6-5.8
-16.2+11.1-57.7
-37.6-39.0+5.8
-45.5
-40.4
-43.9-46.7
+13.6
-2.4-12.5
+5.0+1.7
-7.2+15. 1
+23.4+16.7-1.4
-1.2-2.8
+3.8+2.1
+0.3+0.8
-12.0t See table on p. 18 of the April, 1928, issue for earlier data.2 Revised.
3 Quarter ending in month indicated.* Cumulative through Mar. 31.
44
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives shown are throughApril, except where otherwise noted.Earlier data for items shown here maybe found on pages 24 to 138 of theFebruary, 1928, "Survey"
PUBLIC UTILITIES— Continued
Gas and electric companies:Gross earnings thous of dollsNet earnings thous. of dolls _
Electric railways (212 companies) :Passengers carried thous. of persons ._Average fare cents _.
Electric power production:Total mills, of kw. hours __By water power mills, of kw. hours_.By fuels mills, of kw. hours. .In street railways,
manfg plants etc f mills of kw hoursIn central stations t mills, of kw. hours. _
Electric power production (Canada):*Total mills of kw. hoursBy water power mills of kw hoursExported mills of kw. hours
Electric power gross revenue thous. of dolls. _
EMPLOYMENT AND WAGES
Employment in factories:New York State thousands..Detroit thousands..New Jersey rel. to 1923..Pennsylvania rel. to 1923 _ _Delaware ...rel. to 1923..Wisconsin rel. to 1915..Illinois rel. to 1922..Massachusetts rel. to 1914 ._
Total pay roll:New York State (weekly). -thous. of dolls..Wisconsin rel. to 1915New Jersey rel. to 1923..Pennsylvania - rel. to 1923..Delaware -rel. to 1923 . .Ohio construction
employment rel. to 1923..Employment, trade-unions U. S per cent..Anthracite mines:
Employment rel. to 1923-25..Pay roll ..rel. to 1923-25..
Federal civilian employees, Wash-ington D C end of month number
Average weekly earnings, factories:Illinois dollsNew York State dolls..Wisconsin dolls..Massachusetts rel. to 1914..New Jersey rel. to 1923..Pennsylvania rel. to 1923 .Delaware ...rel. to 1923..
Average weekly earnings (National IndustrialConference Board}:
Grand total (both sexes) ..dollars..Total male .dollars..Skilled male dollarsUnskilled male . dollars..Total women - dollars..
Average weekly hours:Nominal (both sexes) , hours..Actual (both sexes) hours
Wages, road labor, by districts:New England cents per hour .Middle Atlantic cents per hourSouth Atlantic .cents per hour. _East South Central cents per hourWest South Central cents per hour..East North Central cents per hour .West North Central cents per hour..Mountain cents per hour..Pacific .cents per hourUnited States, average cents per hour..
Wage rates, U. S. Steel Corp... cents per hour..Wages, steel workers, Youngstown
district .. ..per cent of base..Applicants per 100 jobs, employment agencies:
United States . numberEastern States numberCentral States numberSouthern States .number _Western States number..
Factory Labor Turnover
(Percentage of number on pay roll)
Departures:Total per cent (annual basis)Voluntary quits.. .per cent (annual basis)..Lay offs per cent (annual basis)Discharges... per cent (annual basis)..
Accessions .per cent (annual basis) _ .
1927
Decem-ber
2 194, 9852 78, 937
830, 9308.018
7,2112,7294,482
4616,750
1, 3621,339
131166,200
467205938175
112.090,881.2
13, 830248.8
1038381
61
119.798.1
60, 660
28.1529.5725.24232.1
111101106
26.9029.3530.8024.1217.34
49.547.3
5546242432423746543950
128.5
14515516514580
227 .22 14.8
28 .623.8
i 2 23. 7
1928
January
2 196, 4022 78, 934
814, 1728.026
2 7, 2652 2, 7392 4, 526
5986,667
1,3181,298
124172,400
457224918075
111.688.980.5
13, 361231. 6
987976
5482.2
120.298.7
60, 743
27.492 29. 22
23.60232.1
10998
100
27.2429. 8031.2224.6617.23
49.547.9
5348242526393741503750
125.5
170192
I 20318887
227.8215.9
28.32 3. 6
233.4
Febru-ary
2 187, 3982 74, 114
769, 9748.034
2 6, 8802 2, 5852 4, 295
4686,412
1,2741,256
123163, 400
4622339182
113.' 891.381.5
13, 477258.2
1008576
5781.8
113.696.0
60, 999
28.9329.1625.80234.7
110104102
2 27. 3530.3231.7025. 2517.39
49.648.0
5247222628413943543850
125.5
175208189222
75
238.22 14.7
2 7.92 4 . 7
232.0
March
189, 27172, 590
820, 7338.034
7,2222,8314,391
4796,743
1,3331,315
136
464246908274
114.5292.4
80.4
13, 760277.8
998578
7182.0
2 107. 7288.5
61,049
28.4829.6427.62235.6
110104104
27.5930.6032.1125.0517.34
50.048.2
5148232828413742523850
125.5
154171166264
65
231.82 19.528.12 4 . 2
236.5
April
771,816
459253908074
91.278.8
13, 200
968075
7784.0
112.386.1
28.7825.49230.9
1089999
5046232627413646534050
125.5
137146147219
69
39.326.08.35.0
38.1
1927
March
179, 56565,413
833,3167.841
6,8402,6874,153
4486,392
1,1501,134
134146, 200
494226999079
119.498.189.5
14, 717273.0
1089483
66
114.391.3
59, 591
28.7229.7825.80234.2
110105104
27.5330.0031.3924.9217.48
49.648.5
5151322426393742523950
128.5
137146165125
67
242.5229.8
26 .426 .3
243.2
April
176, 46764, 908
800, 7227.852
6,4822,6103,872
4476,035
1,1101,095
130145, 700
487226978776
117.397.587.4
14, 214268.1
1069280
65
115.593.0
59, 772
29.0729.1725.81234.9
110105104
27.39! 30. 03! 31. 501 24.60i 17. 391 50.4
48.1
! 49i 47
25! 25
3438
; 38! 43
52I 39
50
128. 5
! 119! 122! 140
11162
248.3232.4
2 9 . 7! 2 6 . 2
247.5
PER CENT IN-CREASE (+) ORDECREASE ( — )
Apr.,1928,fromMar.,1928
-6.0
-1.1+2.8
0.0-2.4
0.0
-1.3-2.0
-4.1
-3.0-5.9-3.8
+8.5+2.4
+4.3-2.7
-2.9-7.7-2.0-1.8-4.8-4.8
Apr.,1928,fromApr.,1927
-3.6
-5.7+11.9-7.2-8.0-2.6
-6.5-9.8
-7.1
-9.4-13.0-6.2
+18.5
-2.8-7.4
-1.3-1.2-1.7-1.8-5.7-4.8
jPer ct.CUMULATIVE TOTAL m"
FROM JANUARY i i creaseTHROUGH APRIL 30 | (+)
i or de-crease
1927
< 548, 880* 206, 068
3, 222, 479
4 19, 836* 7, 390
* 12, 446
« 1, 353* 18, 483
« 3, 3474 3, 298
4 387
;
-2.0-4.2
0.0-7.1-3.6
0.0-2.7+9.5+1.9+5.3
0.0
0.0
-11.0-14.6-11.4-17.0+6.2
+23.6+33.3+2.5
+19.0+4.4
l i••• i i+2.0-2.1-8.0+4.020.6
+7.9-5.3+7.0+1.9+2.6
0.0
-2.3
+15.1+19.7+5.0
+97.3+11.3
-18.6-19.8-14.4-19.4-19.8
1928
4 573, 0714 225, 638 !
3,176,695
4 21, 367 i4 8, 155
* 13, 212
* 1, 5454 19, 822
14 3, 9254 3, 869
4 383
(-)cumu-lative1928from1927
+4.4+9.5
-1.4
+7.7+10.4+6.2
+14.2+7.2
+17.3+17.3-1.0
:::::::::::.i:::::::* See table on p. 22 of the April, 1928, issue for earlier data,t See table on p. 22 of this issue for earlier data.
2 Revised. 4 Cumulative through Mar. 31.
45
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives shown are throughApril, except where otherwise noted.Earlier data for items shown here maybe found on pages 24 to 138 of theFebruary, 1928, "Survey''
DISTRIBUTION MOVEMENT
Retail Sales
Mail-order houses:Total sales, 2 houses ._ ._ thous. of dollsSears, 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 numberMcCrory Stores Corp .thous. of dolls..
Stores operated number..8. II. Kress & Co. thous. of dolls..
Stores operated. ._ numberMetropolitan . _. thous. of dolls..
Stores operated . _ .number. _F. & W. Grand -thous. of dolls
Stores operated numberW. T. Grant Co thous. of dolls..
Stores operated number . .Restaurant chains:
Childs Co , sales thous sf dollsJ. R. Thompson Co., sales -thous. of dolls. _
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 Cigars Stores Co. .. thous. of dolls..
Stores operated number. .A. S chul te (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. .
Advertising
Magazine advertising for the followingmonth thous of lines
Newspaper advertising thous. of lines..
Postal Business
Postal receipts:50 selected cities thous. of dolls50 industrial cities thous of dolls
Money orders:Domestic paid (50 cities)—
Quantity .numberValue thous of dolls
Domestic issued (50 cities)—Quantity number--Value thous. of dolls
BANKING AND FINANCE
Life Insurance
'( Association of Life Insurance Presidents')
Policies, new (45 companies) :Ordinary . number of policiesIndustrial _ number of policiesGroup. -. _ -.number of contractsTotal number of policies and contracts..
Policies and certificates issued:Total policies and certificates number..Group insurance certificates .. .certificates..
Amount of new insurance (45 companies) :Ordinary thous. of dollsIndustrial thous. of dollsGroup . . -thous. of dollsTotal insurance . thous of dolls
Premium collections (45 companies) :Ordinary _ thous. of dollsIndustrial thous. of dollsGroup thous of dollsTotal ... thous. of dolls
Admitted life insurance assets (41 companies) :Grand total mills, of dolls..Mortgage loans-
Total _ mills, of dolls..
All other mills, of dolls..
1937
Decem-ber
59, 49434, 48625, 008
84, 9772, 427
43, 8971,588
23, 044435
6,857221
11, 182183
2,34991
2,26755
8,205151
2,4901,262
1,06519
1,50519
21, 796891
9,4753,1513,233
2992,064
113
3.9
1,811106, 430
40, 8234,448
13, 516102, 259
3,75937, 452
256, 546783, 539
4911, 040, 576
1, 164, 208124, 123
725, 847211, 076165, 025
1, 101, 948
168, 11489, 9266,448
264, 488
11, 597
5,0621,6183,444
1938
January
37, 46524, 24013, 225
31,9012,431
17, 1141,5918,658
4362, 369,
2213,760
18369291
80062
2,624154
2,3461,235
31222
90719
7,722913
5,5623,1511,826
300598113
8.6
2,17695, 545
30, 5793,438
10, 46878, 220
3,41634,117
183, 511901, 786
1251, 085, 422
1, 111, 70526, 408
575, 127236, 30346, 841
858, 271
148, 94754, 5647,618
211, 129
11, 704
5,1031,6153,488
Febru-ary
38, 39223, 84214, 550
35, 3632,446
19, 0011, 6039,320
4392,867
2214,175
18375291
90163
2,843158
2,1871,164
38823
1,09619
8,906914
5,9263,1131,902
298673113
8.2
2,51789, 023
30, 5473,482
10, 64578, 887
3,34033, 077
212, 120846, 745
1751, 059, 040
1, 112, 66553, 800
651, 037221, 94891, 505
964, 490
154, 29248, 19317, 623
220, 108
11, 796
5,1291,6133,516
March
41, 78723, 98617, 801
40, 4472,467
21, 8391,619
10, 855443
3,123222
4,63018391293
1,12864
3,707161
2,2862 1, 245
48023
1, 23420
13, 134930
6,5783,1182,153
296788111
6.3
2,926105, 595
34, 2803,670
12, 3562 92, 750
2 3, 7642 36, 739
264, 9391, 049, 955
2021, 315, 096
1, 350, 68235, 788
790, 827273, 551
57, 9861, 122, 364
168, 96151, 0136,465
226, 439
11,893
5,1531,6043,549
April
40, 10024, 15915, 941
39, 7652,476
21,9371,624
10, 784445
3,060222
4,98418591893
1,17264
3,656161
2,1711,207
51223
12, 993945
6, 2423,1511,915
298930111
2,812107,115
30, 7583,348
10, 94184, 068
3,41733, 967
228, 861980, 796
1591, 209, 816
1, 246, 36236, 705
706, 852259, 962
62, 0071, 028, 821
157, 83650, 6915,928
214, 455
1927
March
41, 14723, 25417, 893
35, 5782,261
19, 6011, 5059,183
3822,864
2023,930
17280182
87850
2,789111
2,5221,243
38822
1, 16817
9,968826
6, 5003,1022,542
29469392
5.4
2,720108, 086
34, 5903,572
12, 71598, 572
3,65036, 394
245, 374890, 560
1781, 136, 112
1, 200, 73764, 803
740, 725241, 701103, 057
1, 085, 483
159, 16845, 5345,774
210, 476
10, 713
4,6861,6043,082
April
40, 64824, 09116, 557
2 40, 7822,281
2 22, 3511,515
10, 788388
2 3, 3142205
4,329171
1,00082
2 1, 18852
3,364115
2,4431,198
46522
2,42717
2 13, 7212832
6,6523,1122,592
29487198
5.1
2,7702 112, 501
31, 7503,338
11,62392, 019
3,37834, 857
246, 519851, 905
1761, 098, 600
1, 729, 41530, 991
749, 923227, 27946, 960
1, 024, 162
149, 99345, 650
5,427201, 070
10,812
4,7221,6113,111
PER CENT IN-CREASE (+) ORDECREASE ( — ) :
i Apr.,1927,from
! Mar.,! 1928
-4.0+.7
-10.4
-1.7+.4+.4+.3-.7+.5
-2.0' 0.0! +7.6
+1.1+.70.0
! +3.90.0
-1.40.0
-5.0-3.1
! +6.7i 0.0
Apr.,1927,fromApr.,1927
-1.3+.3
-3.7
-2.5! +8.5
-1.9+7.2
0.0+ 14.7-7.7+8.3
+15.1+8.2
i -8.2+13.4
| -1.3+23.1+8.7
+40.0
-11.1+.8
+10.1+4.5
-1.1 -5.3+1.6 +13.6
I -5. 1 -6. 2i +1.1 +1.3-11.1 -26.1
! +.7 +1.4i +18.0 +6.8i 0.0 +13.3
-3.9+1.4
-10.3-8.8
-11.5-9.4
-9.2-7.5
-13.6-6.6
-21.3-8.0
-7.7+2.6
-10.6-5.0+6.9-8.3
-6.6-.6
-8.3r o
+1.5-4.8
-3.1+.3
-5.9-8.6
+1.2-2.6
-7.2+15.1-9.7
+10.1
-27.9+18.4
-5.7+14.4+32.0
+.5
+5.2+11.0+9.2+6.7
CUMULATIVE TOTALFROM JANUARY 1THROUGH APRIL 30
1927
152, 18290, 39161, 791
137, 997
1928
157, 74496, 22761,517
147, 476
Per ct.in-
crease(t}
or de-crease(-)
cumu-lative
1928from1927
+3.7+6.5-0.4
+6.9
75, 448 79. 891 +5. 9
36, 236
11, 227
15, 086
3,149
39, 617
11,419
17, 549
3,274
3, 434 4, 001
10, 606 12, 830
9,8214, 784
1,445
3, 162
37, 511
24, 590
9,700
2,723
Ml, 962409, 083
126, 03313, 511
45, 190348, 744
13, 489337,492
884, 9573, 188, 876
7224, 074, 555
4, 854, 046180, 213
2, 693, 278861, 489290, 581
3, 845, 348
580, 525180, 39023, 069
783, 984
8,9904,851
1,692
3,237
42, 755
24, 308
7,796
2,989
5 12, 242397, 278
126, 16413, 938
44, 410333, 925
13, 937137, 900
889, 4313, 779, 282
6614, 669, 374
4,821,414152, 701
2, 723, 843991, 764258, 339
3, 973, 946
630, 036204, 46137, 634
872, 131
+9.3
+1.7
+16.3
+4.0
+16.5
+21.0
-8.5+1.4
+17.1
+2.4
+14.0
— 1.1
-19.6
+9.8
+2.3
+.1+3.2
-1.7-4.2
+3.3+.3
+.5+18.5-8.4
+14.6
-.7-15.3
+1.1+15.1
+3.3
+8.5+13.3+63.1+11.2
2 Revised. «Cumulative through May 31.
46
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives shown are throughApril, except where otherwise noted.Earlier data for items shown here maybe found on pages 24 to 138 of theFebruary, 1928, "Survey"
BANKING AND FINANCE— ContinuedLife Insurance— Continued
Bonds and stocks (book value):Total mills, of dollsGovernment mills, of dolls..Railroad _. mills, of dolls..Public-utilitv .mills, of dolls__All other _ -mills . of dolls
Policy loans and premiumnotes _ - .mills, of dolls..
(Life Insurance Sales Research Bureau.)Sales of ordinary life insurance (81 companies):
United States total thous. of dollsEastern 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 coinpanies.thous. of dolls..
BankingCheck payments:
New York Citv mills of dollsOutside New York City mills, of dolls..Canada mills, of dolls
Federal reserve banks:Bills discounted . . mills, of dollsNotes in circulation .mills, of dolls..Total investments .mills, of dollsTotal reserve mills, of dolls..Total deposits mills, of dolls..Reserve ratio percent
Federal reserve member banks:Total loans and discounts., .mills, of dolls..Total investments mills, of dolls. _Net demand deposits mills, of dolls..
Brokers' loans, end of month:To New York Stock
Exchange members mills, of dolls..By New York F. R. member
banks .. mills, of dolls _Interest rates:
Time loans, 90 days f .percent _Call loans, renewal f per cent..Prime commercial paper
(4-6 months) 1 - per centPrime bankers' acceptances <[ per cent..N. Y. Fed. Res. Bank
(rediscount)... oer cent.Federal land banks per centIntermediate credit banks per cent..
Savings BepositsNew York State savings
banks end of month mills, of doll-*
Public FinanceGovernment debt, gross, end mo.mills. of dolls..Customs receipts thous. of dollsTotal ordinary receipts _ thous. of dollsExpenditures chargeable to
ordinary receipts thous. of dolls..Money in circulation,* end mo _ .mills, of dolls, _
Business FailuresLiabilities (United States):
Total commercial I hours, of dolls..Manufacturing
establishments thous. of dolls..Trade establishments- .thous. of dolls..Agents and brokers thous. of dol ls__
Liabilities (Canada). _ _ _ -.thous. of dolls .Firms (United States):
Total commercial . . ._ .. numberManufacturing
establishments numberTrade establishments number. .Agents and brokers number
Firms (Canada) number..Dividend and Interest Payments
(For the following month)Grand total thous. of dolls..Interest payments thous of dollsDividend payments:
Total thous. of dollsIndustrial and misc thous. of dolls. _Steam railroads thous. of dollsStreet railways. .. ..thous. of dolls
New Security IssuesForeign loans in the U. S.f thous. of dolls..Foreign governments thous. of dolls _
1927
Decem-ber
4,374934
2,299974167
1, 369
833, 944316,931188, 770131,530113, 18483, 52948, 899
38, 93826, 509
2,311
6091,813
9902, 8622, 47366.8
15, 4336,386
13, 786
4,433
3,718
a4.003.25
3.505 154.50
4, 166
18, 03643, 113
652, 708
354, 1785,003
51, 262
29, 02416, 7335,3052,914
2, 162
5971,430
135184
750, 200460, 600
289, 600179, 80033, 80021, 000
106, 49667. 547
January
4,417938
2,3111,004
164
1,383
609, 228261, 893130, 33890, 66268, 84757, 48347, 569
37, 88425, 0071,871
4231,577
8122,9712,452
73.7
15, 2656, 575
13, 888
4, 420
3, 816
4.384.24
4.003.38
3 ")()5! 154.50
4, 191
18, 05041, 975
168, 840
349, 1424, 677
47, 634
14, 87126, 4466,3183,249
2,643
5531,946
144210
333, 000176, 000
157, 000114, 30033, 1009,600
159, 82579. 808
1928
F|£u- ;' March : April
4,454 4 506939 939 .
2, 329 2, 3451,017 1,050
169 172
1,396 1,412
731,145 832,250 • 769,263318,664 343,463 ! 314,944160,185 ! 185,240 ! 165,567104,811 127,286 i 119,31781,213 96,766 \ 94,12866,272 79,495 I 75.30740,290 44,823 ! 46J 718
32,740 44,786 41,77821,755 25,847 i 25,0821,665 1,812 i 1,729
493 524 i 7571,588 1,567 1,591
752 733 6562,974 2,931 ! 2,8682,426 2.404 2,494
74. 1 73. 8 ; 70. 2
15, 143 15. 442 15 9516,558 6, C27 : 6,6^7
13,716 13,523 13,946
4,323 4,640 i 4,908
3,722 3,825 4,282
4. 56 : 4. 63 4. 944. 38 4. 47 5. Ob
4. 00 4. 13 4. 383. 50 3. 50 3. 75
4. 00 4. GO 4. 005. 00 5. Of) 5. 064. 58 4. GO : 4. 60
4, 202 4, 250 4, 260
17,951 : 17,937 17,84842, 130 48, 277 45, 740
228,118 ; 641.626 169,965
173,283 i 248,258 326,7094,690 i 4,749 4,748
45,071 • 54,814 : 34,985
12,751 l 20,412 13,23624, 952 ! 26, 186 ' 16, 0497,367 ! 8,216 5,7004,012 | 6,829 1,556
2,176 i 2,236 1,818
468 ! 546 4321,581 i 1,566 1,276
127 i 124 110210 | 150 125
428,900 ; 561,230 334,850258,750 • 372,050 203,500
170, 150 i 189, 180 131, 350129,050 149,500 96,550
34, 600 ! 28, 380 27, 1006, 500 11, 300 7, 700
131, 129 ; 118, 437 i 156, 039117. 351 ! 85. 750 i 87. 130
1927
March
4 0?3i 921
2, 183792
i 137
1, 268
836, 995356, 736183, 761121, 36992, 09483, 03542, 883
! 34, 49224, 028
1,443
4561,711
5933,1832,32878.8
14, 3595,914
13, 006
3,290
2, 803
4.444.13
4.133.63
4.005.194.50
3, 975
1 19, 00852, 753
i 659, 116
330, 329; 4, 862
57, 891
: 22, 36828, 191
7, 3322, 019
2, 143
: 5691, 468
106188
545, 300355, 900
1 189, 400150, 675
: 27, 55011, 175
107, 375i 84. 140
April
4 067917
2,204806140
1,282
778, 451316, 582173, 372114, 52993, 90480, 06441, 631
32, 00723. 5791,473
4441.718
5623,2072.314 '79 5
14,3535,924
13,041
3,341
2,883
4 .444.18
4.133.63
4.005.214.50
2 3, 965
18, 94151, 253
190,380 ^
310,511 ;4,891 ,
53, 156
25, 27822,308 ,5,5701,557 i
1,968
492 !1,342
134152
2 386, 650 i254,900
2 131, 750 ;2 98, 100
26,3007,350
2203,415121.686
PER CENT IN-CREASE (+) ORDECREASE ( — )
Apr.,1928,fromMar.,1928
-7.6-8.3
-10.6-6.3-2.7-5.3+4.2
-6.7-3.0-4.6
+44.5+1.5
-10 5—2 1+3.7—4 9
+3.3+.2
+3.1
+5.8
+11.9
+6.7+13.6
+6.1+7.1
0.00.00.0
+.2
-5! 3-73.5
+31. 60.0
-36.2
-35. 2-38.7-30.6-77.2
-18.7
-20.9-18.5-11.3-16.7
-40.3-45.3
-30.6-35.4-4.5
-31.9
+31.7+1.6
Apr.,1928,fromApr.,1927
-1.2-.5
-4.5+4.2+.2
-5.9+12.2
+30.5+6.4
+17.4
+70. 5—7. 4
+16.7—10 6+7.8
— 11 7
+11.1+12. 0+6 9
+46. 9
+48.5
4-11.3+21 5
+6.1+3.3
0.0
+£2
+7. 4
-5.8-10.8-10.7
+5.22.9
-34.2
-47.6-28.1+2.3-0.1
-7.6
-12.2-4.9
-17.9-17.8
-13.4-20.2
-.3-1.6+3.0+4.8
-23.3-28.4
! |!Perct.! CUMULATIVE TOTAL iR'! FROM JANUARY i j ' c reasei THROUGH APRIL 30 1 \^!~)\ \ or de-i ' : crease1
1927
! 2,891,286! 1,224,346: 636, 977! 417,751
329, 368282, 844157, 025
125, 19691, 8455,621
i jQ2 0801, 184J814
1,103,600
209, 278
78, 16098, 43732, 6839, 743
8,611
1 9736^ 160
4781 750
5 2,338, 620|« 1,418, 370
5 910, 250« 656, 775* 150, 250
5 51, 725
580, 803332. 879
1 cumu-iqow lativeu^ 1Q28
from•927
2,941,886 i +1.81,238,964 ! +1.2
641,330 ! • +.7442.076 i +5.8340,954 +3.5278.557 i -1.5179,400 +14.2
157,188 i +25.697,691 I +6.4
7, 077 1 +25. 9
178,122 i -7.31,208,549 j ; +2.0
1,097,392 i -0.6
182,504 , -12.S
61,270 ;| -21.693,633 , -4.927,601 :! -15.515,646 i —60.6
8,873 : +3.0
1,999 : | +1.36,369 +3.4.
505 : +5.6895 ; i -7.5
s 2, 408, 180 ' +3. 05 1, 470, 900 ! +3. T
5 937, 280 '• +3. 05669,200 ; ; +1.9« 156,980 i ! +4.5
556,100 ; +8.5
565,430 | -2.6370.039 i i +11.2
J See table on p. 21 of this issue for earlier data.* Revised.
* See table on p. 22 of this issue for earlier data. f See table on p. 22 of the April, 1928, issue for earlier data.5 Cumulative through May 31.
47
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives shown are throughApril, except where otherwise noted.Earlier data for items shown here maybe found on pages 24 to 138 of theFebruary, 1928, "Survey"
BANKING AND FINANCE— ContinuedNew Security Issues — Continued
Total corporation thous. of dolls ._Purpose of issue-
New capital thous. of dolls..Refunding thous. of dolls. _
Kinds of issue-Stocks thous. of dollsBonds and notes thous of dolls
Class of industry —Railroads thous of dollsPublic utilities thous. of dollsIndustrials thous. of dollsOil thous of dollsLand and buildings thous. of dolls. -Shipping and misc thous. of dolls..
Bond issues (Canada):Govt and provincial thous of dollsMunicipal thous. of dolls. -Corporation _ _ _ . _ _ -thous. of dolls .
States and municipalities:Permanent loans thous. of dolls. .Temporary loans thous. of dolls
Tax-exempt securities outstand-ing, end month mills, of dolls
Agricultural FinancesLoans outstanding, end mo.:
Federal farm loan banks thous. of dolls. _Joint-stock land banks thous. of dolls..Fed. intermed. credit banks-thous. of dolls. _War Finance Corporation. -thous. of dolls. _
Stocks and BondsStock prices, average daily closing:
25 industrials, average dolls, per share. _25 railroads, average _. .dolls, per share103 stocks, average dolls, per share _ _Southern cotton mills dolls, per share. _
Stock prices, average weekly closing:Total stocks (229) ... .. rel. to 1917-21. _Railroads (31) rel to 1917-21Industrials (198) rel to 1917-21Automobile (10) rel. to 1917-21..Chain stores (11) rel to 1917-21Copper (11) rel to 1917-21Food (9) rel. to 1917-21..Machinery mfg. (5) i-el to 1917-21Petroleum (17) _ rel. to 1917-21Railroad equipment (10) rel. to 1917-21 _ _Steel (9) rel to 1917-21Textile (5) rel. to 1917-21. _Theater (3) rel. to 1917-21Tire and rubber (7) rel. to 1917-21..Tobacco (7) rel. to 1917-21Traction, gas and power(16)_rel. to 1917-21 ._
Stock sales N. Y. Stock Exch.thous. of shares. _Bond sales:
Miscellaneous thous. of dollsLiberty-Treasury thous. of dolls...Total thous. of dolls. -
Bond prices:Highest-grade rails.p. ct. of pa , 4% bond--Second-grade rails-_p. ct. of pa , 4% bond--Public utility p. ct. of pa , 4% boiid._Industrial p. ct. of pa , 4% bond.-Comb, price index. _p. ct. of pa , 4% bond--
Bond prices, 1st of following montl :5 Liberty bonds p. ct. of par.,16 foreign govt. and city p. ct. of par..Comb, price index, 66 bonds-.p. ct. of par_.
Bond yields:Railroads (15) per cent..Industries (15) . .percent--Utilities (15) _ per centMunicipal (15).. . . . _ _ . . . percent-Municipal bond yield (20) per cent__U. S. Treasury notes and
certificates,! 3-6 months per cent..Liberty and Treasury bonds t---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 structure-
Office and couimercial-.thous. of dolls. .Hotels . - thous. of dolls. .Ap<; /taients thous. of dolls
Gold GOLD AND SILVERDomestic receipts at mint fine ounces. _Rand output fine ounces..Imports thous of dollsExports thous. of dolls..Monetarv stock, and mo.*. .mills, of dolls. _
1927
Decem-ber
852, 064
588, 591263, 472
273, 591578, 473
73, 686517,41254, 93842, 00058, 225
105, 803
2,50011, 3405,858
117, 90344, 248
16, 205
1, 155, 644607, 47775, 915
1,362
242. 50119.68144. 26112.36
194.6160.6208.7366. 5601.0150. 5432.1117.8106. 4218. 4159. 344.4
178. 762. 1
225. 5283. 9
82, 367
267, 91823, 916
291, 834
97.2088.5779. 5580.8285.98
106. 02105. 60102. 46
4.174.794.723.903.87
3.173.34
52, 322
24, 27011, 207
5,115
16, 0553,7907,025
75, 575851, 225
10, 43177, 8494,379
1928
January j *'£»-
573,573 612,696
408,545 \ 411,352165,028 201,344
138,545 126,857435,028 ; 485,840
78,222 74,216210,155 ! 262,825118,902 93,570
2,200 20,67578,741 ! 48,03874,331 112,672
4,000 ! 5,000415 ! 1,560
9,396 i 3,1852 103, 199 ! 2 134, 412
73,320 ! 113,389
16,278 : 16,442
1,158,717 1,168,354608,798 : 609,98474,888 ! 75,2201,244 1,226
242.25 : 239.32118.29 ; 115.20142.13 139.30112.25 111.73
195.2 191.8158.2 ; 153.7210.4 , 207.5369.8 372.9582.3 ; 565.0150.5 148.5430.6 425.8122. 3 125. 6107. 4 101. 9231. 6 225. 3159. 1 154. 546. 6 47. 5
178. 6 ISO. 364. 7 5S. 7
220.5 : 209.2294. 8 309. 9
56, 963 47, 165
269, 374 222, 64420,864 16,611
290,238 239,255
97. 04 96. 5088. 75 88. 6179.66 80.0381. 28 , 81. 3386. 15 ; 86. 13
105.94 105.96105. 90 105. 92102.60 102.41
4.18 • 4.204.76 4.794.68 4.653.89 ; 3.893.87 | 3.87
3.31 3.333.35 3.36
61, 167 ; 39, 840
32,759 ] 14,08512,900 | 2,710
6,533 12,175
29,000 i 22,415650 j 700
4,309 1,910
73,624 | 72,1192843,857 i 816,133
38,320 I 14,68652, 086 j 2 25, 8064,373 i 4,362
March
741, 950
380, 707361, 243
245, 096496, 854
192, 781226, 733131, 26212, 95273, 935
102, 803
4,3797,490
2 132, 6272 75, 359
16, 510
1, 256, 111611,004
74, 1191,037
256. 36119. 00147. 91111. 33
202.9159.0220.9453. 3579.7148. 0433. 9128.2106. 2227. 5157. 649. 6
188.8
212! 4315. 7
84, 988
304, 61011,910
316, 520
95. 9088.81SO. 3280. 958(5. 04
106. 05105. 67102. 58
4.214.774.623.893.91
3.273.30
62, 962
13, 52035, 557
4,225
11, 9654,0104,060
67, 872877, 380
2,68397, 5362 4, 305
1927
April | March
833, 206
484, 090349, 116
310, 263522, 943
95, 053380, 541138, 172
7,30097, 152
114, 988
362,312
41, 845
119,95820, 593
985
263. 34123. 09159. 16110.97
215.2164.8236.2508. 4
158! 1443. 8133.2116. 6228. 2IfiO. 052.6
199. 855. 7
215.7339.7
80, 569
301. 08414, 489
315, 573
95. 3387. 8982. 1781. 0986.22
105. 98105. 46102. 44
4.244.784.563.933.93
3.623.32
87, 748
29, 22036, 865
16, 323
14, 60511, 3953,635
65, 166825, 967
5,31996, 4694,267
494, 373
392, 426101, 947
114, 507379,867
89, 716188, 21250, 97931, 50058, 51075, 081
5, 17614, 625
92, 06967, 501
15,517
1, 109, 354656, Oil78, 3836,347
188. 70106. 58120. 30110. 73
159. 0143. 1165. 6
! 251. 9425. 2116.7326. 0
96.9107. 7
i 189. 7128. 838.6
18G. 653.1
170. 2220. 8
56, 057
313, 56545, 471
359, 036
92. 9683. 7276. 1079. 6582. 6G
103. 62105. 02100. 71
4.37j 4.84
4.814.003.98
I 3.21I 3.48
46, 840
11, 90011,410
18, 790
8,3152,860
I 2, 775
! 73, 822860, 511
16, 3825,6254,597
April
2 520, 4522 388, 871
131, 5812 100, 0592 420, 393
57, 830196, 73158, 96379, 500
2 56, 5942 70, 508
10, 04411,53131, 260
124, 80867, 252
15, 561
1,117,914614, 48176, 895
5,220
199. 99110. 74121. 65111.36
162. 5147. 4168.7266. 6446. 3117.1343.3102.3101. 9187.3135. 339.5
180.252. b
172! 7226.7
49, 636
290, 52025, 800
31G. 320
94. 7484. 4876. 1979.5883. 19
103. 41104. 74100. 67
4.314.834.793.963.95
3.393.47
49, 794
25, 91213, 937
1,470
18, 17711,3802,720
68, 531824, 014
14, 5032,5924.610
PER CENT IN- ;CREASE (+) ORDECREASE ( — ) :
Apr.,
i fromMar.,1928
+12.3
+27.2-3.4
+26.6+5.3
-50.7+67. 8+5.3
i -43.6+31.4+11.9
-47.2+458. 7
-9.6-72.7
Apr.,1927,fromApr., :1927 ;
+60.1 \
+24.5 !+165. 3
+210. 1+24.4
+64.4+93.4
+134. 390 8
+71.7+63.1
-79.9+33.9 !
-3.9-69.4
-5.0
+2.7+3.4+7.6-.3
+6.1+3.6+6.9
+12.2+3.0+6.8+2.3+3.9+9.8+.3
+1.5+6.0+5.8+1.1+1.6+7.6-5. 2
i 2+2L 7
-.3
— . 6-1.0+2.3+.2+.2
— . 1""*?• — . i
+.7+.2
-1.3+1.0+.5
+10.7+.6
+39.4
+116. 1+3.7
+286. 3
+22.1+184. 2-10.5
-4.0-5.9
+98.2-1.1-.9
-81.1
+31.7+11.2+30.8
-.4
+32.4+11.8+40.0+90.7+33. 8+35.0+29.3+30.2+14.4+21.8+18.3+33.2+10. 9+5.9
+24.9+49.8+62.3 ;+3.6
-43. 8
+.6+4.0-4-7.8+ 1.9+3.6
+2. 5+.7
+1.8
-1.6— 1.0-4.8-.8-.5 '
+6.8-4.3 i
+76.2 i
+12.8+164. 5
-19.7+.1
+33.6
-4.9+.263 3
-7.4
CUMULATIVE TOTALFROM JANUARY 1THROUGH APRIL 30
1927 1928
2, 410, 509 2, 761, 425
1, 829, 388 1, 684, 694581, 121 1, 076, 731
601, 055 820, 7611, 809, 455 1, 940, 665
288, 764 440, 2721, 068, 802 1, 080, 254
366, 407 481, 906182, 288 43, 127245, 248 297, 866256, 299 404, 794
46, 295 9, 03632, 547 8, 66666, 379 61, 916
464, 233 490, 196287, 096 282, 661
Per ct.in- -
crease(+}or de-
crease(-)
cumu-lative
19281 fromi 1927
+14. e;-7.9
+85.3
+36.6.+7.3
+52.5+1.1
+31.5-76.3+21.5+57.9
80 5-73. 4-6.7
+5. 6i-1.5
.
.. .
184,613 ; 269,685 ; +46.1
1,212,555 ! 1,097,712 i -9.5111,908 63,844 i -42.9
1,324,463 : 1,181,586 i -12.3
213, 392 251, 717
92, 022 89, 58452, 457 88, 032
41, 623 39, 256
68,495 ! 77,98519,215 i 16,75521, 102 13, 914
289,129 ! 278,7813, 303, 646 3, 363, 337
112,549 61,00825, 521 271, 897
+18.0
-2.6+67. 8
-5.7
+13.9-12.8-34. 1
-3.6+1.8
-45. 8
* See table on p. 22 of this issue for earlier data. t See table on p. 21 of this issue for earlier data. 2 Revised.
48
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives shown are throughApril, except where otherwise noted.Earlier data for items whosn here maybe found on pages 24 to 138 of theFebruary, 1928, "Survey"
GOLD AND SILVER— ContinuedSilver:
Production-United States thous of fine ozCanada thous. of fine oz
Stocks, end of month —United States __ thous. of fine ozCanada thous. of fine oz._
Imports thous. of dollsExports thous of dollsPrice at New York dolls, per fine o z _ _
FOREIGN EXCHANGE RATESEurope:
England . . _dolls. per £ sterlingFrance dolls, per franc..Italy dolls, per liraBelgium dolls, per franc..Netherlands dolls, per guilderSweden dolls, per kroneSwitzerland _ dolls, per franc
Asia:Japan dolls, per yen..India dolls, per rupee..
America:Canada dolls, per Canadian doll--Argentina . dolls, per gold pesoBrazil dolls, per milreis..Chile dolls, per paper peso
U. S. FOREIGN TRADEImports
Grand total _ ..thous. of dolls..By grand divisions:
Europe-Total thous. of dollsFrance _ _ . _ thous. of dollsGermany .thous. of dolls..Italy thous of dollsUnited Kingdom . thous. of dolls
North America —Total _ thous. of dollsCanada. thous. of dolls..
South America —Total thous. of dolls _Argentina... thous. of dolls. _
Asia and Oceania —Total thous. of dolls..Japan thous. of dolls
Africa, total thous. of dollsBy classes of commodities:
Crude materials thous of dollsFoodstuffs, crude, and
food animals thous. of dollsManufactured foodstuffs.. -thous. of dolls ..Semimanufactures thous . of dolls . _Finished manufactures thous. of dolls..
ExportsGrand total, incl. reexports thous. of dolls..By grand divisions:
Europe-Total thous. of dollsFrance thous. of dollsGermany _ . thous. of dollsItaly thous of dollsUnited Kingdom... thous. of dolls
North America —Total thous of dollsCanada thous. of dolls..
South America-Total . . thous. of dollsArgentina thous. of dolls
Asia and Oceania-Total thous. of dollsJapan. thous. of dolls. .
Africa, total thous. of dollsTotal, domestic exports only thous. of dolls. _By classes of commodities:
Crude materials thous. of dollsFoodstuffs, crude, and
food animals thous. of dollsManufactured foodstuffs thous. of dolls..Semimanufactures thous. of dollsFinished manufactures thous. of dolls ._
Agricultural exports (quantities) :All commodities rel to 1910-14All commodities except
cotton rel to 1910-14CANADIAN FOREIGN TRADE
Total trade:Imports thous. of dolls..Exports thous. of dolls
1927
Decem-ber
5,0151,723
353608
3,7707, 186.580
4.88.039.054.140.404.270.193
.462
.367
.999
.972
.120
.122
331, 236
103, 38313, 22415, 5118,727
29, 063
76, 48540, 553
47, 5296,413
93, 56534, 22910, 275
122, 507
51, 50428, 22759, 03769, 960
407, 617
207, 08823, 12743, 84815, 90772, 498
90, 74856, 708
37, 39615, 025
61, 92323, 21210, 462
398, 344
117, 574
23, 30342, 05759, 612
155, 798
119
133
83, 263132, 189
1928
January
4,9801,433
5741,1416,3056,692.571
4.88.039.053.139.403.269.193
.469
.367
.998
.971
.120
.122
337, 949
2 97, 1582 12, 126
15, 8552 8, 846
2 23, 0952 76, 5182 37, 027
2 47, 1922 6, 747
2 107, 5072 32, 001
9,5732 133, 401
2 48, 3012 28, 7242 61, 2212 66, 302
2 410, 789
2 207, 6212 21, 300
42, 64814, 53074, 392
87, 32954, 190
34, 77912, 557
72, 24626, 1088,814
401, 913
112,058
18, 07743, 29163, 851
164, 636
113
127
79, 50684,428
Febru-ary
4,4901,272
170547
4, 6587,479.570
4.87.039.053.139.403.268.192
.469
.365
.998
.971
.120
.122
2 351, 023
2 105, 80413, 914
2 19, 1868,088
2 28, 806
2 79, 4422 36, 360
47, 4266,972
2 109, 3612 33, 596
2 8, 967
2 130, 869
2 47, 54236, 040
2 64, 3772 72, 195
2 371, 484
2 184, 32215, 70137, 424
2 13, 64968, 924
91, 08860, 787
31, 47911, 184
2 55, 083* 15, 082
9,513362, 623
95, 292
13, 30739, 48355, 657
158, 884
100
111
85, 93290, 387
March
2 5, 3332 1, 469
2461803
5,1347,405.572
4.88.039.053.139.403.268.193
.472
.365
1.000.973.120.122
2 380, 426
104, 73212, 29218, 4718,263
32, 945
88, 52239, 414
59, 25512, 563
120, 08030, 7597,896
2 145, 520
53, 4522 41, 007
64, 9642 75, 483
2 420, 711
194, 45218, 69335, 05811,31770, 527
110, 70773, 013
40, 22914,884
65,64320, 1139,680
2 410, 054
91, 620
14, 82142, 82063, 189
2 197, 603
100
117
120, 418109, 147
April
4,5111,605
128550
4,8876,587.574
4.88.039.053.140.403.269.193
.477
.366
1.000.972.120.120
346, 136
128,060
46,04943,27260, 63268, 123
368,000
356, 290
74, 398
13, 20333,003 i56, 307
179, 378
82 |
99
78, 49060, 455
1927
March
5,1041,525
2121,0234,3086,077.553
4.85.039.045.139.400.268.192
.491
.363
.999
.960
.119
.120
378, 331
113, 50714, 06716, 3868,735
33, 860
90, 05038, 995
47, 3288,380
115, 65933, 86611, 787
151,319
42, 97946, 13364, 62873, 272
408, 973
187, 44117, 26936, 98510, 31772, 791
101, 06265, 945
38, 41512, 577
74, 05628, 6237,999
398, 246
107, 411
19, 97837, 18857, 840
175, 829
139
116
110, 581107, 218
April
4,7121,716
602723
3,8156,824.564
4.86.039.050.139.400.268.192
.484
.361
1.001.962.118.120
2 375, 734
2 107, 51713, 45417, 81711,061
2 27, 762
2 86, 4362 36, 135
46, 8949,388
2 125, 1342 31, 864
9,752
2 152, 906
2 43, 0452 46, 8762 64, 5372 68, 370
2 415, 377
2 187, 59817, 06935, 9999,599
64, 671
2 110, 5512 74, 459
2 39, 6232 13, 306
67, 03020, 98510, 572
2 405, 001
2 85, 824
31, 5142 39, 1922 59, 411
2 189, 060
128
140
74, 29878,404
PER CENT IN-CREASE (+) OR iDECREASE (— ) j
Apr.,1928,fromMar.,1928
-15.4! +9.3
-72.2-31.5-4.8
-11.0+.3
0.00.00.0
+.70.0
+.40.0
+1.1+.3
0.0-.10.0
-1.6
-9.0
Apr.,1928,fromApr.,1927
-4.3-6.5
-78.7-23.9+28.1-3.5+1.8
+.40.0
+6.0+.7+.8+.4+.5
-1.4+1.4 !
" i+l'7
0.0 !
-7.9
-12.0
-13.8+5.5-6.7-9.8
-12.5
!
-16.2 |
+7.0-7.7 !-6.1 1
-11.4 |
1
-13.1
-18.8
-10.9-22.9-10.9-9.2
-18.0
-15.4
-34.8-44.6
-12.0 ;
-13.3
-58.1-15.8-5.2 I-5.1
-35.9
-29.3
+5.6 !-22.9
CUMULATIVE TOTALFROM JANUARY 1THROUGH APRIL 30
1927
19, 9916,433
17, 12326, 522
1, 421, 783
4 304, 9874 40, 8344 45, 5404 24, 4594 80, 981
4 241, 9894 108, 530
4 136, 3124 22, 622
4 333, 7314 94, 3184 29, 030
572, 221
172, 830159, 771247, 190269, 770
1, 616, 190
4 572, 8394 51, 078
4 113, 604* 33, 436
4 233, 0714 276, 3664 170, 6474 114, 994
4 38, 4644 211, 406
4 74, 2944 25, 207
1, 579, 281
418, 556
94, 656155, 918231, 710678, 342
338, 392350, 691
1928
19,3145,779
20, 98428, 163
Perct.in-
crease
or de-crease
cumu-lative1928from1927
-3.4-10.2
+22.5+6.2
I
1, 415, 534
4 307, 6944 38, 3324 53, 5124 25, 1974 84, 846
4 244, 4824 112, 8014 153, 873
4 26, 2824 336, 948
4 96, 3564 26, 436
537, 850
195, 344149, 043251, 194282, 103
1, 570, 984
4 586, 3954 55, 694
4 115, 1304 39, 496
4 213, 8434 289, 1244 187, 9904 106, 487
4 38, 6254 192, 972
4 61, 3034 28, 007
1, 530, 880
373, 368
59, 408158, 597239, 004700,501
364, 346344, 417
-.4
+0.9-6.1
+ 17.5+3.0+4.8
+ 1.0+3.9
+12.9+ 16.2
+1.0+2.2-8.9
-6.0
+13.0-6.7+1.6+4.6
-2.8
+2.4+9.0+ 1.3
+ 18.1-8.2
+4.6+ 10.2
-7.4+.4
-8.7-17.5+11.1-3.1
-10.8
-37.2+1.7+3.1+3.3
+7.7-1.8
2 Revised.
O4 Cumulative through Mar. 31.
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