survey of current business november 1929monthly business indicators, 1923-1929 [ratio charts—see...

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UNITED STATES DEPARTMENT OF COMMERCE WASHINGTON SURVEY OF CURRENT BUSINESS NOVEMBER, 1929 No. 99 ISSUED BY BUREAU OF THE CENSUS IMPORTANT NOTICE In addition to figures given from Government sources, there are also incorporated for completeness of service figures from other sources generally accepted by the trades, the authority and responsibility for •which are noted in the "Sources of Data" on pages 139-142 of the August, 1929, semiannual issue

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Page 1: Survey of Current Business November 1929MONTHLY BUSINESS INDICATORS, 1923-1929 [Ratio charts—see explanations on inside front cover. The curves on check payments, wholesale trade,

UNITED STATESDEPARTMENT OF COMMERCE

WASHINGTON

SURVEY OFCURRENT BUSINESS

NOVEMBER, 1929No. 99

ISSUED BY

BUREAU OF THE CENSUS

IMPORTANT NOTICE

In addition to figures given from Government sources, there are also incorporated for completeness ofservice figures from other sources generally accepted by the trades, the authority and responsibility for•which are noted in the "Sources of Data" on pages 139-142 of the August, 1929, semiannual issue

Page 2: Survey of Current Business November 1929MONTHLY BUSINESS INDICATORS, 1923-1929 [Ratio charts—see explanations on inside front cover. The curves on check payments, wholesale trade,

INTRODUCTION

The SURVEY #F CURRENT BUSINESS is designed to

Eresent ea$h tno&th a picture of the business situationy setting forth th6 principal facts regarding the vari-

ou^ lines of trade and industry. The figures reportedaye very largely those already in. existence. Thechief function of the department is to bring togetherthese d&t^which, if available at all, are scatteredin hundreds of different publications. A portion ofthese data are collected by Government departments,Oijher figures are compiled by technical journals, andstill others ar0 reported by trade association^.

At sepuaimtial intervals detailed tables are pub-lished giving, for each iteri}, monthly figures for thepast two years and yearly comparisons, where avaU-ahte, back to J913; also blank lines sufficient for sixmotiths have b^$n l^f t at the bottom of each table,'enabling those who care to do so to enter new figuresas soon as they appear (see August, 1929, issue). Inthe intervening months the more important compari-sohsi only are giten in the table entitled "Trend ofbusjbiess motetetents."

^E$KLY SUPPLEMENTRealizing that current statistics are highly perish-

able and th^t to be of u^e they must reach the businessman at the earliest possible moment, the departmenthas arranged to distribute supplements every week tosubscribed iii the United States. The supplements areustially mailed on Saturdays and give such information0& has been received during the week ending on thepreceding Tuesday. The monthly information con-tained in these bulletins is repubttshed in the SURVEY*and the supplements also contain charts and tablesof Weekly data.

RELATIVE AND INPEX NUMBERSTo facilitate,comparison between different impor-

tant itetris $,nd to cna,rt series expressed in differentunits, relativ$l numbers (often called"index nunqi-Ws;"a terM referring more particularly to a specialkind o| number described below) have been calcu-lated. The monthly average for 1923-1925 hasusually beep used as a base equal to 100.

The relative numbers are computed by allowing themonthly iyerage for the base year or period to equal100. If the Movement for a current month is greaterth&n the base, the relative number will be greater than100, and vipe Versa. The difference between 100 andthe relative number will give at once the per centincrease or decrease compared with the base period.Thus ia relatiyri number of 115 means an, increase of 15per cent over the jbase period, while a relative numberof 80 me^aris a decrease of 20 p0r cent from the ba^.

Relatiyp numbers may also be used to calculate theapproximate percentage increase or decrease in a move-ment from one* period to the next. Thus, if a relativenumber at one month is 120 and for a later month itis 144 thei;e has bs0en an increase of 20 per cent.

When two or more series of relative numbers arecpmbined by a systeni of weightings, the resultingseries is denominated an index number. The indexDumber, hy combining many relative numbers, is

designed to show the trend of an entire group ofindustries or for the country as a whole, instead of forthe single commodity or industry which the relativenumber, covers. Comparisons with the base year orwith other periods are made in the same manner as inthe case of relative numbers,

RATIO CHARTSIn most instances the charts used in the SURVEY

OF CURRENT BUSINESS are of the type termed "RatioCharts" (logarithmic scale), notably the BusinessIndicator charts on page 2. These charts $how thepercentage increase and allow eU*ect comparisonsbetween the slope of one curve and that of any othercurve regardless of its location 01 the'diagram; thatis, a 10 per cent increase in an item is given the samevertical movement whether its curve is near the bot-torn or near the top of the chart. The differencebetween this and the ordinary arithmetic form ofchart can be made cjear by an example* If a certainitem having a relative number of 400 in one monthincreases 10 per cent ib the fallowing month, itsrelative number will be 440, and on an ordinarychart would be plotted 40 equidistant scale pointshigher than the preceding months* Another move-ment with a relative number of, say, 50 also increases10 per cent, making its relative number $5. On theordinary (arithmetic) scale this item would rise only 5equidistant points, whereas the previous item rose 40points, yet each showed the same percentage increase.The ratio charts aivoid difficulty ahcjl give to eachof the two movements exactly the same vertical rise,and hence the slopes of the two lines are directly com-parable* The ratio charts compare percentage changes,while the arithmetic charts Compare absolute changes,

RECORD BOOKAs an aid to readers in comparing present data

with monthly statistics in previous years, the depart-ment is compiling a RECORD BOOK OF BUSINESSSTATISTICS, in which data now carried in the SURVEYOP CURRENT BUSINESS are shown by months as farback as 1909, if available. Full descriptions of thefigures and reports of how the data are used in actualgractice by business firms are contained in the KECQRD

OOK. The sections covering textiles, metata, and fuels,automobiles, and hibber have already been issued andpaay be obtained for 10 cents per copy from the Super-intendent of Documents, Government Printing Office,Washington, D. C, (Dp not send stamps.) Notices ofother sections will be given in the SURVEY as they areissued.

METHODS OF USEMethods of using and interpreting current business

statistics have been collected by the departmentfrom many business concerns and are described in abooklet entitled "How to Use Current BusinessStatistics," together with methods of collecting sta-tistics. This booklet may be obtained from theSuperintendent of Documents, Grovemment PrintingOffice, Washington, D. C^ at 15 cents per copy. (Donot send stamps.) j

This issue presents practically complete data for the month of September and contains text covering the early weeks ofOctober (pagel), for which the basic figures in table and chart form are presented regularly in the weekly supplement*.As most data covering a particular month's business are not available until from 15 to 30 days after the close of the month,

"a complete picture of that month's operations can not be presented at an early date, but the weekly supplements give everyweek the latest data available* ' ' i .

Page 3: Survey of Current Business November 1929MONTHLY BUSINESS INDICATORS, 1923-1929 [Ratio charts—see explanations on inside front cover. The curves on check payments, wholesale trade,

SURVEY OFCURRENT BUSINESS

PUBLISHED BY

UNITED STATES DEPARTMENT OF COMMERCE

Subscription price of the SURVEY OF CURRENT BUSINESS is 31.50 a year; single copies (monthly), 10 cents, semiannual issues, 25 cents.Foreign subscriptions, 32.25; single copies (monthly issues), including postage, 14 cents; semiannual issues, 36 cents. Subscriptionprice of COMMERCE REPORTS is 34 a year; with the SURVEY, 35.50 a year. Make remittances only to Superintendent of Documents,Washington, D. C., by postal money order, express order, or New York draft. Currency at sender's risk. Postage stamps or foreign

money not accepted

No. 99 WASHINGTON November, 1929

C O N T E N T SSUMMARIES

Preliminary summary for OctoberBusiness conditions in SeptemberMonthly business indicators (table and chart)Measures of industrial and commercial activity (charts):

New building contracts and automobile production.Mineral production and railroad ton-mileageFactory employment, manufacturing, and electric-

power productionCheck payments and retail trade

Prospective car loadings, fourth quarter, 1929Indexes of business

Page14

2,3

1517

DETAILED TABLES

Lumber production, by States, 1927 and 1928 20(Shipments of prepared roofing 20Movement of grain prices 21, 22

INDEX BY SUBJECTS

TextilesMetals and metal productsFuelsAutomobiles and rubberHides and leatherPaper and printingBuilding construction and housing.Lumber productsStone, clay, and glass productsChemicals and oilsFoodstuffs and tobaccoTransportation and public utilities.Employment and wagesDistribution movement (trade, etc.)Banking, finance, and insuranceForeign exchange and trade

Textpage

910111111

121212

13145

141414

Tablepage

23,2424-28

2928,3030,3131,32

3233,3434,3535-3737-4040-4242,43

4444-4646-48

PRELIMINARY SUMMARY FOR OCTOBER

The volume of commercial transactions during the-early weeks of October, as reflected by check payments,was considerably larger than in the correspondingperiod of 1928. Reports from Detroit indicate lowerfactory employment in the automotive industry than.at this time a year ago. Operations in steel plantsduring October were lower than in either the precedingmonth or October of last year. The production ofpetroleum showed a rather marked decline from thepreceding month but was still above the level whichprevailed a year ago. The output of bituminous coalwas greater than in either the preceding month or•October of last year.

New building contracts awarded during the earlyweeks of the month showed a lower daily average thanin either the previous month or the same month of1928. Wholesale prices, as reflected by the generalindex, averaged lower than in eithei the precedingmonth or the corresponding period of last year, reach-ing the lowest level so far recorded during 1929.

78723r-29 1 (1)

Loans and discounts of Federal reserve memberbanks continued to show expansion during October,both as compared with the previous months and thecorresponding month of 1928. The Federal reserveratio showed only slight change from the previousmonth but was higher than at this time lastyear.

Brokers' loans reached a new high point duringOctober but receded rather sharply toward the closeof the month. Stock prices averaged lower than inSeptember but were still well above the level of lastyear. Interest rates on time funds averaged lowerthan in September but were higher than a year ago.Call money rates averaged lower than in either period.Bond prices during October showed the first upwardmovement of the year but were still below the levelsof last year.

Business failures reported during the early weeksof the month were fewer in number than in the cor-responding period of 1928.

Page 4: Survey of Current Business November 1929MONTHLY BUSINESS INDICATORS, 1923-1929 [Ratio charts—see explanations on inside front cover. The curves on check payments, wholesale trade,

MONTHLY BUSINESS INDICATORS, 1923-1929[Ratio charts—see explanations on inside front cover. The curves on check payments, wholesale trade, sales of mail-order houses and 10-cent chains,rand department

stores have been adjusted for normal seasonal variations, and manufacturing production for the varying number of working days in the month as well]

_ _ _FACTORY EMPLOYMENT

WHOLESALE PRICES

NET TON-MILE OPERATION

INTEREST RATE, COMMERCIAL PAPER

PRICE OF 25 RAILROADI1TQCKS,

PRICE OF 25 INDUSTRIAL STOCKS

BUILDING CONTRACTS (FLOOR SPACE)i . . i . . i •.. i . . i ; . i . . i . . i . . i . . i . . i . . I . . i . . i . . i . . i.. i . . i

BUSINESS FAILURES, LIABILITIESUNFILLED STEEL ORDERS

I I I I t 1 I I I I M I I I I I I I I I I I I I I I I I I I I | 1 I I I 1 .-I |

923 I 1924 I 1925 I 1926

Page 5: Survey of Current Business November 1929MONTHLY BUSINESS INDICATORS, 1923-1929 [Ratio charts—see explanations on inside front cover. The curves on check payments, wholesale trade,

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.

ITEM

Industrial production:* Total manufacturing .* Total minerals

Pig ironSteel ingotsAutomobiles..CementCotton (consumption) .Wool (consumption)

Raw material output:Animal products . __CropsForest productsCrude petroleum _Bituminous coalCopper „

Power and construction:Electric power ..Building contracts (37 States)....

Unfilled orders:General indexU. 8. Steel Corporation

Stocks:General indexManfd. commodities (28)CottonCopper (refined)

Employment:Factories ._

Prices:Farm products, to producersWholesale, all commoditiesKetail foodCost of living (including food)....

Distribution, {values):* Bank debits, 141 cities* Wholesale trade* Department stores, sales.

Mail-order sales, 2 houses* 10-cent chains, sales .

Imports.. _„ _Exports ._

Transportation :Freight net ton-miles

Finance:Member bank loans and discountsInterest rate (commercial paper)..Federal reserve ratio .Price, corporation bondsPrice, railroad stocksPrice, industrial stocksFailures (liabilities)

MONTHLY AVERAGE

1923 1924 1225 1936 1927 1928

1928

Aug. Sept. Oct. Nov Dec.

1929

Jan. Feb. Mar. Apr. May June July Aug. Sept.

1923-1935 monthly a?erage=*100

101.0105.0111,7104.8101.792.1

105.9112.8

100.092.099.099.4

108.093.4

92.589.7

121.7125.8

94.593.8

102.5106.4

106.6

97.899.997.698.2

91.2101.098.089.288.097.891.5

102.2

94.1116.299.096.486.086.1

106.0

94.096.086.788.790.899.889.794.6

104.0104.097.096.992.5

100.2

98.192.7

87.083.6

102.0103.291.4

113.9

96.2

97.197.497.699.4

98.798.099.098.199.093.1

100.8

95.9

98.590.0

104.199.996.191.9

106.8

105.099.0

101.5106.4107.5108. 1104.492.6

96.0104.0104.0103.799.5

106.4

109.5117.6

91.390.6

103.5103.0108.273.1

97.2

106.5102.8104.9102.4

111.9102 0103.0112.7113.0109.0107.8

101.9

107.493.596.9

103.6117.9122.087.2

108.0107.0109.0113.1108.4110.0108.68&.7

96.0109.098.0

104.6109 7110.2

122.6111.0

84.682.1

114.6106.3145.5618

97.9

98 699.3

107,6102,4

119.6101.0106.0120.2125.0114.3105.5

109.1

112.9100.996.0

108.0133.4132.480.4

106.0107.0101.0104.685.7

115.3120 297.0

97.0113.093.0

122.399.0

104.9

133.3106.8

74.071.1

120.8112.5163.185.4

64.4

94.994.7

103.6100.0

132.597.0

107 0126.2138.0108.0106.8

106.0

117,395.499 1

112.5182.7171.4102.2

111.0106.0105.5120.2109.9118.0106.894.7

99.0119.088.2

122.295.8

114.9

146.0121.4

76.280.7

122.7116.7123.858.4

91.9

100.797.0

102.998.7

158.296.0

108.0147.6150.0105. 5112.6

106,5

126.8112.889.1

113.0174.5214.895.6

113.0105.0105.0120.9139. 5150.9102.695.2

97.0115.090.0

126.895.9

116.7

149.8118.8

74.775.9

107.5115.452.448.4

91.7

100.798.2

103.098.2

149.9100.6105. 0140.6147.0107.3100.1

113.6

125.6124.890.0

109.8173.8213.4137.3

116.0108.0102.5120.0125. 6143.995.991.8

92.0178.378.0

124.596.3

118.8

145.2114. 2

74.777.4

116.0111.389.545.8

93.0

102.299.4

105.499.4

156.996.4

119.0155.4165.099.0

111.1

117.3

127.3130.686.5

111.0178.5226.980.1

114.0114.0112.9134.5120.2141. 1120.6108.6

102.0252.184.0

129.5117.5131.1

158 0129.1

71.578.6

132.9110.7155.140.3

93.9

99.397.1

104.899.4

161. 097.4

106.0194.4148.0110.0145.1

129.2

128.3127.687.0

111.3178.4234.582.5

111.0113.0110.5123.277.8

124.5119.0105.7

93.0179.784.0

123.8107.4129.5

154.6111.1

72.776.9

137.0113.7181.446.1

93.4

97.196.0

105.199.4

165. 199.0

106.0188.4151. 0101.1143.5

124.6

129.8124.884.5

112.0186.0252.695.8

113.0112.0112. 8116.370.898.1

104.196.8

92.0152.276.0

129.4101.2129.8

157.898.2

71.083.3

141.5120.4187.757.8

93.5

97.196.0

104.198.8

172.394.9

116.0227.4163. 6105.0125.3

88.4

135.4124.880.2

110.7180.3229.096.2

117.01J7.0115.2129.9121.379.6

130.2114. 0

96.0112.582.0

133.6118.1130.9

164.388.6

76.886.1

138.4125.2169.855.4

93.2

96.496.5

103.398.2

187.2101.1105.0144.9145.8114.2128.5

104.8

128.7124.889.9

110.8189.3275.0127.1

117.0120.0107.3125. 1141. 168.6

116.5101.3

80.081.974.0

123.3108. 5128.5

148.181.9

79.586.8

136.4124.7149. 548.8

95.4

98.696.0

103.298.2

194.396.3

110.0141.8156.9114.4116.4

102.2

130.6127.690.5

109.6188.3280.380.3

120. 0107.0124.3146.3177.080.2

123.3102.7

88.072.586.0

134.490.3

142.1

159.3117.1

85.592.4

132.9121.5130.546.8

96.6

101.496.8

102.297.6

195.197.0

113.0163.3167.4118.8129.0

107.8

132.4136.492.6

108.0184.9283.785.7

123.0115. 0122.6142.8187.9110.6123.1103.8

99.757.490.2

130.584.7

143.9

157.1128.0

93.192.7

127.0118.7109.950.8

97.1

100.096.1

101.397.0

180.6100.0105.0170.0153.0127.1112.2

102.7

131.3139.294.9

107.6183.7285.883.2

124.0116.0130.5152.5182.7129.9130.2102.9

108.951.198.6

137.592.2

141.6

161.2122.4

88.490.1

121.4117.888.462.2

97.2

98.695.1

102.497.0

180.5102.0107.0168. 2172.0123.9101.4

112.6

129.3139.296.5

106.7184.4290.397.2

128.0112.0124.4141. 2164.9135. 2111.193.0

111.855.789.9

135.987.4

124.9

154.9109.7

83.489.2

118.5117.370.973.4

96.8

97.895.7

103.497.6

159.097.0

112.0176.4174.0109.4103.6

109.1

135.1139.294.4

105.4192.1297.874.0

125.0114.0126. 7139.9151.3139.0106.599.8

116. 090.488.3

148.893.3

120.1

159.8113.7

82.185.6

121.1118.654.286.3

96.2

101.497.3

105.998.8

184.8101.0106.0163.0162.0109.6106.2

112.5

136.2139.296.4

104.9213.4330.876.5

124.0115.0125.7142.5150.7149.6108.7111.1

100.0135.091.8

150.3100.7119.6

165.2100.5

76.076.6

126.2113.358.292.2

96.6

103.697.0

107.099.4

198.2103.0112.0183.7174.0114.4100.4

120.4

135.3142.297.7

104 1216 3344. 579.6

122.0119.0116.0130.5125.6138. 6106.3105.0

97.5181.483.5

142.2102.1119.3

159.590.2

76.181.7

136.9110.9106.883.7

97.3

102.297.0

107.499.4

192.899.0

123.0192.8168.0109.3116.4

139. 1145.094.2

103.9217.7358.580.5

' Seasonal adjustments.

Page 6: Survey of Current Business November 1929MONTHLY BUSINESS INDICATORS, 1923-1929 [Ratio charts—see explanations on inside front cover. The curves on check payments, wholesale trade,

BUSINESS CONDITIONS IN SEPTEMBER

PRODUCTION

Industrial output in September as reflected by thegeneral index of the Federal reserve board, afteradjustments for seasonal conditions, showed a declineof almost 2 per cent from the previous month but was6 per cent higher than in September, 1928. Thedecrease from the previous month in the index wasentirely due to lower production of manufacturedgoods, since minerals, which are included in the index,showed a gain in output after seasonal adjustmentover both the previous month and the correspondingperiod of last year.

with last year all groups comprised within the generalindex showed larger forward business, except textilesand lumber, which declined.

Wholesale trade in September, after adjustmentsfor seasonal conditions, showed a larger sales volumethan in the same month of last year. Declines fromthe previous month, however, were general in mostlines except meats, which increased over August, andfurniture, which showed no change.

Sales by department stores showed a considerablechange over the preceding month and were greaterthan a year ago. The value of merchandise stocks

MANUFACTURING PRODUCTION BY MAJOR GROUPS[Relative numbers, monthly average 1923-1925 taken as 100, adjusted for seasonal variations]

10080

rao

NON-FERROUS METALS1 , 1 1 , 1 I I I I I , I ! , 1 I . I I I I I I I I I 1 I , I I .,

1923 1924 1926 1927 1928 1929 1923 1924 1925 1927 1928 1929

COMMODITY STOCKS

Stocks of commodities held at the end of Septembershowed a gain over a year ago, the principal increaseover last year occurring in the holdings of raw ma-terials. Stocks of manufactured goods, though in-creasing over last year, showed declines in certainimportant commodities, such as stone, clay and glassproducts, paper and leather.

SALES

The general index of unfilled orders for manufac-tured goods showed no change from the previousmonth but was higher than a year ago. As compared

held by department stores at the end of Septembershowed a decline from a year ago. Sales by 10-centchain store systems were lower than a year ago.Other chain stores, including groceries, drugs, and shoes,showed large gains in volume over September, 1928.

Sales of manufactured goods by manufacturers weregenerally smaller than in the preceding month. Neworders for machine tools, structural steel, steel castings,and malleable castings were smaller than in August.New orders received for electric hoists and electricoverhead cranes were likewise smaller than in theprevious month. New orders for fabricated steelplate and steel boilers, on the other hand, were largerthan in August.

Page 7: Survey of Current Business November 1929MONTHLY BUSINESS INDICATORS, 1923-1929 [Ratio charts—see explanations on inside front cover. The curves on check payments, wholesale trade,

PRICES

Wholesale prices were generally unchanged from thepreceding month, but were 2 per cent lower than inthe corresponding period of last year. Higher pricesfor hides and leather products, building materials, andcertain miscellaneous items as compared with thepreceding month were just sufficient to offset certainminor declines in other commodities. As comparedwith last year gains in the prices of metals and metalproducts, building materials, and certain miscellaneousgoods were insufficient to offset declines in foods,farm products, hides and leather products, textilesand fuels. The principal decline from a year ago wasregistered in the price of hides and leather products,where the decrease amounted to more than 8 per cent.

with the preceding month increases in employmentwere recorded in factories producing food products,textiles, iron and steel, leather, paper and printing,chemicals, and tobacco products, but increased em-ployment in these groups were balanced by declinesin factories producing lumber, nonferrous metals andvehicles, principally automobiles. The greatest gainover the preceding month in employment was registeredin chemical factories, where the increase was 4 percent, while the declines in the enumerated groupswere limited to 1 per cent.

As compared with a year ago all industrial groupsshowed larger employment except stone, clay and glass,tobacco products and vehicles, where declines wereregistered. The principal gain in employment over

FACTORY EMPLOYMENT, BY GROUPS

[1926 monthly average = 100. September, 1929, is latest month plotted]

100

too

TEXTILES

IR6N AND STEEL

LEATHER

PAPER AND PRINTING

1923 1624 1925 1926 1927 1928 1929 1923 1924 1925 1926 1927 1928

Classified by state of manufacture an increase overthe preceding month was registered in the price indexof semimanufactures amounting to 2 per cent, whilenonagricultural commodities showed an advance of 1per cent. Prices for raw materials and finished manu-factured goods were unchanged from the previousmonth. As compared with last year semimanufac-tures were higher in price while the remaining groupsshowed a decline.

EMPLOYMENT

The general index of factory employment showedno change in September from the previous month butwas 5 per cent higher than a year ago. As compared

last year was recorded in iron and steel factories,where the increase was almost 8 per cent.

Factory pay-roll payments in September were 1per cent greater than in the previous month and 8per cent larger than in September, 1928. Gains inpay-roll payments as compared with the precedingmonth were registered in factories producing foods,textiles, lumber, paper and printing, chemicals, stone,clay and glass, tobacco products, and certain miscel-laneous items, while declines were reported in ironand steel, nonferrous metals and vehicles. As com-pared with last year all groups showed larger pay-rollpayments except stone, clay and glass, which declined2 per cent.

Page 8: Survey of Current Business November 1929MONTHLY BUSINESS INDICATORS, 1923-1929 [Ratio charts—see explanations on inside front cover. The curves on check payments, wholesale trade,

WHOLESALE PRICES FOR SPECIFIED COMMODITIES[Relative numbers, 1926 monthly average taken as 100. September, 1929, is latest month plotted. Data from which these charts are drawn are given on the opposite page]

WHEAT, NO. 2, HARD, WINTER FLOUR, WINTER CORN, NO. 3, YELLOW OATS, NO. 3, WHITE

I i t ! N I • H I i

Page 9: Survey of Current Business November 1929MONTHLY BUSINESS INDICATORS, 1923-1929 [Ratio charts—see explanations on inside front cover. The curves on check payments, wholesale trade,

WHOLESALE PRICES FOR SPECIFIED COMMODITIESNOTE.—Prices to producer on farm products and market price of wool are from 17. -S. Department of Agriculture, Bureau of Agriculture Economics, nonferrous metals

from the Engineering and Mining Journal-Press, except tin, which is from the American Metal Market. All other prices are from U. S. Department of Labor, Bureau of LaborStatistics. So far as possible all quotations represent prices to producer or at mill.

COMMODITIES

FARM PRODUCTS-AVERAGE PRICE TO PRODUCER

WheatCornPotatoesCottonCottonseedCattle, beefHogsLambs .

FARM PRODUCTS— MARKET PRICE

Wheat, No. 1, northern spring (Minneapolis)Wheat, No. 2, red, winter (St. Louis)Wheat, No. 2, hard, winter (Kansas City)Corn, No. 3. yellow (Chicago)Oats, No. 3, white (Chicago) .Barlev, No. 2, (Minneapolis)Rye, No. 2, (Minneapolis)Cotton, middling upland (New York)Wool, 14. blood combing, Ohio and Pennsylvania fleeces (Boston)Cattle, steers, good to choice, corn fed (Chicago)Hogs, heavy (Chicago)Sheep, ewes (Chicago)Sheep, lambs (Chicago) .

FOOD

Flour, standard patents (Minneapolis)1 Flour, winter straights (Kansas City)

Sugar, 96° centrifugal (New York)Sugar, granulated, in barrels (New York) _Cotto nseed 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 60-38^"-5.35 — yards to poundCotton sheeting, brown 4/4 Trion (New York)Worsted yarns 2/32's cross-bred stock white in skein (Boston)Women's dress goods, French, 39 inches at mills sergeSuitings, unfinished worsted — 13-ounce, millSuitings, serge, 11-ounce, 56-58 inchSilk, 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 oxford (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, millLead, 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, millBrick, common red, domestic building (New York) _ _Cement, Portland, net without bags to trade, f. o. b. plant (Chicago

district)Steel beams, mill (Pittsburgh)Rubber, smoked sheets (New York)Sulphuric acid, 66°, (New York)Wood pulp, sulphite, domestic, unbleached, news grade (New York)Newsprint, rolls, contract, mill

Unit

BushelBushelBushelPoundTon _ __ .PoundPoundPound

BushelBushelBushelBushelBushelBushelBushelPoundPoundCwtCwt_.Cwt._Cwt..

BarrelBarrelPoundPoundPoundPoundPoundPoundPoundPound

PoundYardYardPoundYardYardYardPoundDozen pair-

PoundPoundSquare foot—PoundPairPair.

Net tonNet tonLong tonShort tonBarrel

Long tonLong tonLong tonPoundPoundPoundPoundPound

MfeetThousand.. _

BarrelCwt.PoundTonCwtCwt

ACTUAL PRICE(dollars)

August,1929

1.107.959

1.386.180

32.69. 0962.1028.1139

1.351.321.231.01.43.61.98.187.43

14. 68810. 6635.156

12. 875

7.3066.235.038.054.094.238.251.275.43.235

.349

.075

.0861.450.975

1.9011.9595.0739.250

.188

.198

.490

.5206.7504.850

3.9134.327

12. 8482.7631.300

20.26018. 50035. 000

.1778

.233

.0675

.4665

.0680

37. 43010. 125

1.6041.950.208

15. 5002.6003.250

Septem-ber, 1929

1.121.972

1.355.182

31. 03.0922.0953.1108

1.351.351.241.01.48.60.97.189.43

13. 8009. 9554.675

12. 550

7.1696.100.040.053.093.236.250.267.46.235

.357

.076

.0861.475.975

1.9011.9595.1229.250

.196

.204

.490

.5356.7504.850

3.9304.437

12. 9242.7001.300

20. 26018. 50035. 000

.1778

.233

.0689

.4538

.0680

36. 76010. 500

1.5001.950.205

15. 5002.6003.250

Septem-ber, 1928

.994

.951

.648

.17630.98

.0996

.1117

.1197

1.191.451.071.00.41.63.94.185.54

16. 18812. 4315.500

14. 156

6.5885.650.042.056.099.259.284.254.49.220

.358

.074

.0891.575.988

2.0081. 9985.0969.500

.246

.275

.565

.6506. 7505.000

4.0194.495

13. 0402.8751.210

18. 63516. 18832. 000

.1472

.194

.0645

.4807

.0625

37. 73012. 500

1.6501.850

.18415. 5002.5253.250

RELATIVE PRICE

1926 average=100

July,1929

7613147

11812815288

103

919084

13211510811610691

1579184

101

9187889481

1451498793

103

979789

10194

100907980

129115108115106100

9189936869

98100100129122817192

8362

95100

441079194

August,1929

8213775

1191201498798

858583

13510595

10710693

154867894

8786889879

1451478996

103

9710090

1019495908280

134114108119106100

9190936769

98100100129122807193

8362

9210043

1079194

Septem-ber, 1929

83139

731211141438196

858783

13511794

10510893

145817192

8584929778

14414787

102103

10010193

1039495908380

140118108122106100

9193946669

98100100129122826993

8264

8610042

1079194

August,1928

7114139

12513614785

103

758971

13693

1021021101171599587

105

797895

10080

14915281

10494

1039998

11299

100927882

168159125153106103

9392937064

898691

105101

747485

8182

979540

1078894

Septem-ber, 1928

7013635

11711415495

103

759472

13310098

10210511717010183

103

787897

10284

15816683

10996

1009896

11096

100928285

175159125148106102

9394957064

908791

107102777485

m8476

979538

1078894

Page 10: Survey of Current Business November 1929MONTHLY BUSINESS INDICATORS, 1923-1929 [Ratio charts—see explanations on inside front cover. The curves on check payments, wholesale trade,

MEASURES OF INDUSTRIAL AND COMMERCIAL ACTIVITY[Relative numbers, monthly average 1923-1925, taken as 100]

180NEW BUILDING CONTRACTS AND AUTOMOBILE PRODUCTION

TOTAL AUTOMOBILE PRODUCTION(UNITED STATES)

160

, i I . , I , , I , , I i , I i , I , , I , , I i , I . , I i i I , , I i i I i , I , i I , i I i , I . . I . , I , , I , i I , . I . i I . . I . , I • . i I , . I . . I •. . I . , I . .

MINERAL PRODUCTION AND RAILROAD TON-MILEAGE

50

200FACTORY EMPLOYMENT, MANUFACTURING. AND ELECTRIC POWER PRODUCTION

MANUFACTURING PRODUCTION

CHECK PAYMENTS AND RETAIL TRADE

100 w

1920 1921 1922 1923 1924 1925 - 1926 1927 1928 1929

Page 11: Survey of Current Business November 1929MONTHLY BUSINESS INDICATORS, 1923-1929 [Ratio charts—see explanations on inside front cover. The curves on check payments, wholesale trade,

REVIEW OF PRINCIPAL BRANCHES OF INDUSTRY AND COMMERCETEXTILES

Wool imports in September showed gains over boththe previous month and the same month of last year.The consumption of wool showed a decline from theprevious month but was more than 14 per cent greaterthan a year ago. For the first nine months of theyear wool consumption showed a gain of 13 per centover the corresponding period of 1928.

Receipts of cotton into sight for the year to datewere 12 per cent larger than in the same period of lastyear. Cotton exports in September showed a declineof 10 per cent from last year. Cotton consumptionby domestic mills showed a gain of 11 per cent over

Silk machinery was generally much more active inSeptember than in the corresponding month of lastyear. Silk prices averaged higher than in either thepreceding month or the same month of 1928. Importsof rayon were greater than in either the precedingmonth or September a year ago, while for the firstnine months of the year, rayon imports showed a gainof 40 per cent over the same period of last year.Rayon prices showed no change from the previousmonth but were substantially lower than a yearago.

The output of pyroxylin-spread textiles showed adecline in September from both the preceding month

THE TEXTILE INDUSTRIES[Relative numbers, monthly average 1923-1925, taken as 100. September, 1929, is latest month plotted. Curves covering imports of wools and exports of cotton

plotted from 12 months' moving monthly average plotted on the end month]

1923 1924 1925 1926 1927 1928 1929 1923 1924 1925 1926 1927 1928 1929

1923 1924 1925 1926 1927 1928 1929 1923 1924 1925 1926 1927 1928 1929

last year, while for the year to date an increase wasregistered amouting to 13 per cent over the past year.Stocks of cotton held by mills and in public storage at theend of the month were 20 per cent larger than a year ago.

Imports of silk were considerably larger than a yearago. For the year to date silk imports showed anincrease of 11 per cent over the corresponding ninemonths of 1928. Indicated consumption of silk,based upon deliveries to manufacturing establish-ments, were 12 per cent larger than in September oflast year, while for the first nine months the gainamounted to almost 10 per cent over the same periodof last year. Silk stocks in warehouses at the end ofSeptember were 9 per cent larger than a year ago.

78723—29 2

and the same month of last year. For the first ninemonths of the year, textiles spread with pyroxylinshowed a gain of about \% per cent over the sameperiod of last year. Unfilled orders for pyroxylin-coated textiles at the end of September were con-siderably lower than a year ago.

Imports of burlap were lower than in either thepreceding month or September a year ago, but for theyear to date showed a gain of 11 per cent over thecorresponding nine months of last year. Imports ofunmanufactured fibers were lower than in August butgreater than a year ago, while for the first nine monthsof the year showed a gain of about 2 per cent over thesame period of last year.

Page 12: Survey of Current Business November 1929MONTHLY BUSINESS INDICATORS, 1923-1929 [Ratio charts—see explanations on inside front cover. The curves on check payments, wholesale trade,

10

METALS

The output of pig iron in September showed a declinefrom the previous month but was 13 per cent greaterthan a year ago. For the first nine months of theyear pig-iron production showed a gain of almost 18per cent over the same period of 1928. Wholesaleprices for pig iron showed only slight change from theprevious month but were about 5 per cent higher thana year ago.

The output of steel ingots also declined from theprevious month but was 9 per cent greater than inSeptember, 1928. For the first nine months of theyear steel-ingot production showed a gain of 17 per

of the year new orders for structural steel showed again of 16 per cent over the same period of last year.

New orders for fabricated steel plate were largerthan in either prior comparative periods, while thetotal for the first nine months also showed a gain overthe corresponding period of 1928. The output oftrack work was smaller than in the previous monthbut greater than a year ago. New orders for steelboilers in September were larger than in either theprevious month or the corresponding period of lastyear. The production of malleable castings wassmaller than in either prior comparative period, withnew orders making similar comparisons.

THE METAL INDUSTRIES

[Relative numbers, monthly average 1923-1925, taken as 100. September, 1929, is latest month plotted]

1923 1924 1925 1926 S927 1928 1929 1923 1924 1925 1926 1927 1923 i929

roo

1923 1924 1925 1926 !927 1828 1929 1923

ZSNO

PRODUCTION

PRICE-

1924 1925 1926 1927 1928 1929

cent over the same period of last year. Unfilled steelorders at the end of September were greater than atthe end of either the previous month or September oflast year.

Steel-sheet production by independent steel manu-facturers declined from both the previous month andthe same month of last year. Steel-sheet output forthe first nine months of the year was 9 per cent largerthan in the same period of 1928. Steel prices showeda fractional decline from the preceding month butwere higher than a year ago.

New orders and production of steel castings werelower than in August but greater than a year ago.Bookings for fabricated structural steel showed de-clines from both periods. For the first nine months

New orders for machine tools showed a decline fromthe previous month and from September of last year.New orders for electric hoists and electric overheadcranes also declined from both periods. Domesticshipments of electric industrial trucks and tractorsshowed gains over both periods, while shipments ofmotorized fire-extinguishing equipment showed a gainover the previous month and a loss from a year ago.

The output of copper by domestic smelters wasgreater than in the previous month or September oflast year. For the first nine months of the yearsmelter output was 19 per cent greater than in thesame period of last year. Wholesale prices for coppershowed no change from the previous month but werehigher than a year ago.

Page 13: Survey of Current Business November 1929MONTHLY BUSINESS INDICATORS, 1923-1929 [Ratio charts—see explanations on inside front cover. The curves on check payments, wholesale trade,

11FUELS

Bituminous-coal output was greater than in eitherthe preceding month or September of last year. Pricesfor bituminous also averaged higher than in eitherperiod.

The output of anthracite was greater than in eitherthe preceding month or September, 1928. Anthraciteprices were somewhat lower than a year ago. Theproduction of coke was lower than in the precedingmonth but considerably larger than a year ago.

The output of crude petroleum showed only slightchange from the previous month but was greater thana year ago, while the price for petroleum showed no

HIDES AND LEATHER

Imports of hides were larger than in either theprevious month or September of last year, but thetotal movement for the first nine months of the yearshowed a decline of about 10 per cent from the sameperiod of last year. More animals were slaughteredunder Federal inspection than a year ago, but for thefirst nine months of the year a decline was registeredin the slaughtering of animals, except for sheep, whichshowed a gain over the same period of last year.

The production of sole leather was smaller than ineither the previous month or September a year ago,and for the first nine months of the year showed a

THE FUEL INDUSTRIES[Relative numbers, monthly average 1923-1925 taken as 100. September, 1929, is latest month plotted where data were available]

1923 192- 1929

I M I I I I H I I I i M I I I I I I I ! I I I I I I I I I I I I I i I I 1 II I II I I I I I I I I I I I 1 I

1924 1925 1926 1927 1928 1929 1926 1927 J829

change from the previous month and a gain over lastyear.

AUTOMOBILES AND RUBBER

The domestic output of automobiles was smallerthan in the previous month and showed practically nochange from a year ago. For the first nine months ofthe year, automobile production showed a gain of 34per cent over the same period of 1928.

Imports of rubber were lower than in August andshowed a decline from a year ago also. For the firstnine months of the year rubber imports showed anincrease of 40 per cent over the same period last year.The output of pneumatic tires in September wasgreater than a year ago.

decline of about 12 per cent from the same period oflast year. Stocks of sole and belting leather at theend of August were smaller than a year ago. Exportsin September showed decline from both the previousmonth and the same month of last year. Sole leatherprices averaged higher than in August but declinedfrom a year ago.

The production of shoes showed a decline from theprevious month but was considerably higher than ayear ago. For the first nine months of the year shoeproduction was about 4 per cent greater than in thecorresponding period of 1928. Prices for shoes showedpractically no change from either the preceding monthor the same month of 1928.

Page 14: Survey of Current Business November 1929MONTHLY BUSINESS INDICATORS, 1923-1929 [Ratio charts—see explanations on inside front cover. The curves on check payments, wholesale trade,

12

BUILDING AND CONSTRUCTION

The volume of new building contracts awardedduring September, measured both in floor space andin value, showed a decline from both the previousmonth and from September of last year. For thecalendar year to date building contracts showed adecrease of almost 12 per cent in value from the sameperiod of last year. The decrease from a year ago wasalmost entirely due to lower awards for residentialconstruction, where the decline amounted to almost$600,000,000.

from the same period of last year. Portland cementstocks at the end of the month were 3 per cent largerthan a year ago. Wholesale prices for cement averagedlower in September than in either the preceding monthor the corresponding month of last year.

New contracts let for concrete pavements showeddeclines from both the previous month and Septemberof 1928. For the calendar year to date new concretepaving contracts were about 9 per cent smaller than inthe same period of the preceding year. At the end of Sep-tember Federal-aid highways under construction meas-

THE AUTOMOBILE AND RUBBER INDUSTRIES[Relative numbers, monthly average 1923-1925 taken as 100. Where available, September, 1929, is latest month plotted]

1 1 ill ill i i In Inlnln l ) j l i - i | i | 1 1 i In In In In l i i l i i ln l r i In I n hih ilnliil ill nl ii In lull i

1923 1924 1925 1926 1927 1928 1929 1930

i l l i l t l l n i l l l l l l n 1 1 1 ! M i l i l n l n l u l i i l u l p l i i | i . 1 u l i i

1923 1924 1925 1926 1927i t i i l i i » i i l i i l i i l i i l i i l n l i t l i i l i i l n h i l i . i l . i l i i t i L l t . » i i l . . l » i i i i l n n 1 1 . I n t . . I . , l.i I . . I I . '

1023 1924 1925 1926 I §27 1928 1929 1930

LUMBER AND LUMBER PRODUCTS

I- The output of the principal types of lumber showeddeclines from both the preceding month and the cor-responding month of last year. The production ofmaple flooring showed a gain over the previous monthbut declined from a year ago. Oak flooring outputshowed a decline from both the preceding month andfrom September of last year. For the year to date theoutput of lumber and flooring showed sizeable declinesfrom the corresponding period of last year.

STONE, CLAY, AND GLASS

The production of Portland cement showed a de-cline from both the preceding month and Septemberof last year. For the first nine months of the yearcement output showed a decline of about 2 per cent

ured in mileage, showed a decline from both the previousmonth and the corresponding month of last year.

The shipments of porcelain plumbing fixtures dur-ing September were lower than in either the previousmonth or the same month of last year. For the calen-dar year to date porcelain plumbing fixtures showed adecline of 34 per cent in shipments from the corres-ponding period of 1928. Shipments of vitreous chinaplumbing fixtures also declined from August but werelarger than a year ago, while for the first nine monthsof the year a decline was registered from the same per-iod of last year amounting to more than 4 per cent.New orders for terra cotta showed declines from boththe preceding month and the same month of last year.Illuminating glassware was produced in larger volumethan in either the previous month or the same monthof last vear.

Page 15: Survey of Current Business November 1929MONTHLY BUSINESS INDICATORS, 1923-1929 [Ratio charts—see explanations on inside front cover. The curves on check payments, wholesale trade,

13

FOODSTUFFS AND TOBACCO

The visible supply of wheat in the United Statesand Canada at the end of September was considerablygreater than a year ago. Receipts and shipmentsof wheat at the principal domestic markets werelower than a year ago. Wheat exports also declinedfrom last year but for the first nine months of the yearshowed a gain of 15 per cent over the same period ofJast year.

The visible supply of corn at the end of Septemberwas 35 per cent smaller than a year ago. Receipts andshipments of corn at principal primary markets were

Receipts and shipments of hogs at primary marketswere larger in September than a year ago. The outputof pork products under Federal inspection showed adecline from the previous month but was substantiallygreater than a year ago. Exports of pork products,though declining from the preceding month, were 29per cent greater than a year ago, while the total for thefirst nine months showed a gain of 8 per cent over thesame period of last year. Cold-storage holdings ofpork products at the end of the month were smaller thanthan a year ago. Prices for hogs were generally lowerin either the previous month or September of last year.

MOVEMENT OF WHEAT PRICES

[Weighted price per bushel. September, 1929, is latest month plotted]

NO.I NORTHERN SPRING, MINNEAPOLIS

NO. 2 HARD WINTER, KANSAS GITY

innLOU

nno

• .***** •

•-..

, , 1 , - 1 , , 1 • i

V,••••"%.....

, , 1 > , 1 , , 1 , ,

."•••-•.

. i 1 . . t . . 1 . . ' , , 1 , , 1 , , 1 , ,

.•

, , 1 , , -1 , , 1 i ,

••.

J • 1 L . 1 • l 1 • '

..

, , 1 , . 1 , , 1 , ,

.....•"•

, , 1 , , 1 , , 1 , ,

"' \

, , 1 , , 1 , , 1 , ,

-••-,./""

1920 1921 1922 1923 1924 1925 1926 1927 1928 1929

likewise smaller than a year ago. Prices for cornaveraged higher than in either the previous month orSeptember of last year.

Receipts and shipments of cattle at primary marketswere lower than a year ago. The output of beef prod-ucts under Federal inspection showed smaller gains inSeptember as compared with the previous month andSeptember of last year. Beef exports, though declin-ing from the previous month, were almost twice aslarge as a year ago. Cold-storage holdings of beef atthe end of the month were 52 per cent larger than ayear ago. Prices for cattle and beef averaged lowerthan in either the preceding month or September oflast year.

The receipts of butter at primary markets were lowerthan in either the preceding month or September oflast year, but for the first nine months of the yearbutter receipts showed a gain of about 4 per cent overthe same period of last year. Storage holdings ofbutter at the end of the month were substantially largerthan a year ago. Butter prices averaged higher thanin the previous month but were lower than last year.The receipts of cheese were lower than in either theprevious month or September a year ago. For thefirst nine months of the year cheese receipts showed adecline of 7 per cent from the same period of last year.The wholesale price of cheese averaged higher than inAugust but was lower than a year ago.

Page 16: Survey of Current Business November 1929MONTHLY BUSINESS INDICATORS, 1923-1929 [Ratio charts—see explanations on inside front cover. The curves on check payments, wholesale trade,

14

TRANSPORTATION

The movement of goods by rail, as reflected by dataon car loadings, showed a decline from the precedingmonth and an increase over September of last year.For the year to date freight-car loadings were 4 percent larger than in the corresponding period of 1928.Shipments of locomotives by manufacturers werealmost twice as large as in September of last year.

DISTRIBUTION MOVEMENT

Sales by mail-order houses were larger than ineither tKe previous month or the corresponding monthof last year. For the first nine months of the yearmail-order systems showed a gain of 30 per cent and

New sales of ordinary life insurance showed a sub-stantial gain over last year. Prices for stocks aver-aged higher than in either the preceding month orSeptember a year ago. Bond prices averaged lowerthan in either period. Business failures were fewerin number than in either the preceding month or thesame period of last year. Defaulted liabilities offailing business firms during the first nine months ofthe year showed a decline of 11 per cent from thesame period of last year.

GOLD, SILVER, AND FOREIGN EXCHANGE

The receipts of gold at the mint were lower than ineither the previous month or September a year ago.

WHOLESALE TRADE[Relative numbers, monthly average 1923-1925 taken as 100. September, 1929, is latest month plotted. Curves are adjusted for seasonal variation]

HARDWARE AND FURNITUREI . I l l . . l l I I . ! 1 , 1 h, I , , I l l l l f l l h I

701.. I . . I , . I . . I . . I . , I . . I... I . . I . . I . . I . . I M I I . 1 . . I . . I . . ! . . ! . . I . . I . . I . . I . . I . . I . . I . . I . . I . . I t . I . . I . . I

1923 1924 J 925 1926 1927 1928 1929 1930

chain 10-cent stores 8 per cent over the correspondingperiod of 1928.

BANKING AND FINANCE

Bills discounted by Federal reserve banks showeda further decline from the preceding month and werelower also than a year ago. Loans and discountsof Federal reserve member banks showed gains overboth periods. Check payments showed substantialgains over last year. Brokers' loans reached anothernew high level during the month. Interest rates ontime funds showed practically no change fromthe previous month but were higher than a yearago.

Gold imports continued to exceed the export move-ment. The output of silver was larger than a yearago but showed a decline from the previous month.Silver prices were lower than in either period.

Exchange upon the ^principal foreign currenciesshowed only slight changes from either the precedingmonth or September a year ago. As compared withAugust, increases were registered in the Swiss francand Japanese yen, while declines were registered inthe Canadian dollar and the Argentine peso. Con-trasted with a year ago, an increase was registered inSeptember in the Japanese yen, while declines were re-ported in the Indian rupee, the Canadian dollar, andthe Argentine peso.

Page 17: Survey of Current Business November 1929MONTHLY BUSINESS INDICATORS, 1923-1929 [Ratio charts—see explanations on inside front cover. The curves on check payments, wholesale trade,

15

PROSPECTIVE CARLOADINGS FOR THE FOURTH QUARTER OF 1929

The regional advisory boards set up by the AmericanRailway Association estimate freight-car loadings for

REGIONAL ADVISORY BOARD DISTRICTS

the last quarter of 1929 at somewhat more than 2 percent larger than actual loadings reported for the corre-sponding period of 1928.

Estimated loadings of all commodities will begreater than a year ago except grains, hay, citrusfruits, other fresh fruits, potatoes, fresh vegetables,livestock, poultry and dairy products, stone, sandand gravel, salt, lumber and fertilizers, which, it isestimated, will show declines.

The anticipated loadings in all districts are ex-pected to be higher than a year ago except in theGreat Lakes, Northwestern, and the Pacific north-west districts, where declines are expected. Of theanticipated increases, the largest gains are estimatedfor the New England and Allegheny and Ohio Valleydistricts, where increases of 5 per cent or more areexpected.

The expected increases in the New England districtare general in all types of commodities, while for theAllegheny district all important commodity classesshowed gains except citrus and other fresh fruits,which declined. For the Ohio Valley district, ex-pected gains are general, except for livestock, lumberand forest products, where declines are anticipated.

PROSPECTIVE CAR LOADINGS, FOURTH QUARTER OF 1929COMPARED WITH ACTUAL LOADINGS, SAME QUARTER OF 1928

[As reported by commodity committees, of the regional shippers' advisory boards, and compiled by The American Railway Association]

COMMODITY GEOUPS

Grain, allFlour, meal, and other mill productsHay, straw, and alfalfaCottonCottonseed and products, except oil

Citrus fruitsOther fresh fruits.PotatoesOther fresh vegetables.Livestock

Poultry and dairy products _.Coal and cokeOre and concentratesGravel, sand, and stoneSalt

Lumber and forest productsPetroleum and petroleum productsSugar, sirup, and molassesIron and steelMachinery and boilers

CementBrick and clay products .Lime and plasterAgricultural implements and vehicles, other than

automobiles

Automobiles, trucks, and partsFertilizers, all kindsPaper, paper board, and prepared roofingChemicals and explosivesCanned goods i

Total, all commodities listed

Number of cars

Actual1928

Esti-mated

1929

Percentinc.

or dec.

ALL DISTRICTS

492, 802245, 79184, 122

181, 067108, 238

32, 163132, 37871, 10656, 730

434, 730

35, 5392, 902, 992

457, 741754, 90730, 327

877, 358553,01156, 613

496, 03851, 485

187, 607154, 78453, 277

18, 885

195, 66967, 477

10,4, 70730, 37057, 718

8, 924, 632

424, 725256, 78083,911

188, 685121, 815

30, 485118, 40065, 52255, 275

415, 729

34, 9013, 079, 509

472, 053744, 40229, 528

866, 869580, 62358, 516

522, 94354, 391

196, 352160, 26554, 214

19, 592

227, 59365. 707

110. 90732, 27262. 059

9, 134, 023

-13.8+4.5-0.3+4.2

+12.5

-5.2-10.6-7.9-2.6-4.4

-1.8+6.1+3.1-1.4-2.6

-1.2+5.0+3.4+5.4+5.6

+4.7+3.5+1.8

+3.7

+16.3-2.6+6.9+6.3+7.5

+2.3

Number of cars

Actual1928

Esti-mated

1929

Percentinc.

or dec.

District No. 12NEW ENGLAND

3,0674,0681,3211,509

16

1173,567

12, 749507

1,489

9926, 094

6013, 757

58

28, 98224, 9222,0947,5275,794

*3, 8403,9183,164

146

1,4162,639

20, 770661

2,319

176, 670

3,0674,0681,3211,509

16

1173,600

14, 024507

1,489

9927, 399

6013, 757

58

29, 85127, 4142,0947,9036,084

*5, 3764,1143,480

146

1,4162,639

21, 809667

2,481

186, 565

+0.9+10.0

+5.0

+3.0+10.0

+5.0+5.0

+40.0+5.0

+10.0

+5.0+1.0+7.0

+5.6

Number of cars

Actual1928

Esti-mated

1929

Percentinc.

or dec.

Number of cars

Actual1928

Esti-mated

1929

Percentinc.

or dec.

District No. 8 District No. 9ATLANTIC STATES j ; ALLEGHENY

8,68414, 01311, 427

18, 84910, 79911, 320

1,778412, 773

24, 27378, 2217,078

31, 61361, 19111, 55281, 82512, 778

56, 38911, 67211, 792

6,8217,186

20, 8438,982

13, 779

9,09714, 71311, 998

14, 1379,179

10, 754

1,867431, 347

24, 27376, 6576,009

30, 03367, 31013, 57385, 91613, 161

59, 20812, 13911, 792

8,1856,036

22, 8239,481

16, 535

935, 618 966, 223

+5.0+5.0+5.0

4711,0451,408

5091,1291,408

-25.6-15.0—5.0

+5.0+4.5

—2 0-15.1

-5.0+10.0+17.5+5.0+3.0

+5.0+4.0

+20.0-16.0+9.5+5.6

+20.0

+d.3

4,119262128

1,890

682, 594

56, 013

17, 56225, 457

222, 9767,441

8,31244, 0953,333

73

4.8265, 0577,3081,222

1, 095, 592

3,295210128

1,890

728, 328

57, 133

18,30026,246

236, 3558,207

9,70845, 7273,563

86

4,9185,8217, 3521,242

1, 161, 555

+8.0+8.0

-20.0-19.8

+6.7

+2.0

+4.2+3.1+6.0

+10.3+16.8+3.7+6.9

+17.8

+1.9+15.1+0.6+1.6

+6.0

i All canned food products, includine; catsups, jams, jellies, olives, pickles, preserves, etc.* Includes only loading within territory comprising New England Shippers' Advisory Board.

Page 18: Survey of Current Business November 1929MONTHLY BUSINESS INDICATORS, 1923-1929 [Ratio charts—see explanations on inside front cover. The curves on check payments, wholesale trade,

16

PROSPECTIVE CAR LOADINGS, FOURTH QUARTER OF 1929—ContinuedCOMPARED WITH ACTUAL LOADINGS, SAME QUARTER OF 1928

[As reported by commodity committees, regional shippers' advisory boards, and compiled by American Railway Association]

d

as

I2345

6789

10

1112131415

1617181920

21222324

2526272829

12345

6789

10

1112131415

1617181920

21222324

2526272829

COMMODITY GROUPS

Grain, allFlour, meal, and other mill productsHay, straw, and alfalfaCotton ,Cottonseed and products, except oil

Citrus fruits - - - - _Other fresh fruitsPotatoesOther fresh vegetablesLivestock

Poultry and dairy productsCoal and coke . _ -Ore and concentratesGravel, sand, and stone _ . _Salt

Lumber and forest products _ _Petroleum and petroleum productsSugar, sirup, and molassesIron and steelMachinery and boilers

CementBrick and clay products _Lime and plaster -_ _ _Agricultural implements and vehicles,

other than automobiles

Automobiles, trucks, and partsFertilizers, all kindsPaper, paper board, and prepared roofing.Chemicals and explosives _.Canned goods -

Total, all commodities listed

COMMODITY GROUPS

Grain, allFlour, meal, and other mill productsHay, straw, and alfalfaCotton _. _ .-Cottonseed and products, except oil .

Citrus fruitO ther fresh fruitsPotatoes _.Other fresh vegetablesLivestock..

Poultry and dairy products .Coal and cokeOre and concentrates _ _ _ .Gravel, sand, and stoneSalt

Lumber and forest productsPetroleum and petroleum products..Sugar, sirup, and molassesIron and steel.Machinery and boilers

CementBrick and clay productsLime and plasterAgricultural implements and vehicles,

other than automobiles

Automobiles, trucks, and partsFertilizers, all kindsPaper, paper board, and prepared roofing.Chemicals and explosivesCanned goods 1 _

Total, all commodities listed

Number ofcars

Actual1938

Esti-mated

1939

Percentinc.(+)

or dec.(-)

District No. 3GREAT LAKES

46, 68238, 9229,751

6,2284,8553,258

13, 678

19, 943122, 21087, 51810, 473

13,79418, 7732,612

54, 0439,357

10, 4339,329

13, 337

912

129, 0741,875

12, 833

4,142

644, 032

41, 00040,0008,776

4,7002,5003,750

15, 250

20,000115, 75083, 05710, 600

13, 80019, 4001,900

56, 0009,400

10, 5009,100

13, 350

950

134, 4441,950

13, 474

-12.2+2.8

-10.0

-24.5-48.5+15.1+11.5

+0.3-5.4-5.1+1.2

+3.3-27.3+3.6+0.5

+0.6-2.5

+4.2

+4.2+4.0+5.0

4,200 +1.4

633, 851 -1.6

District No. 5TRANS-MISSOURI-

KANSAS

60, 72851, 43513, 009

2,2821,390

67463, 141

5,49761, 1198,464

50, 7995,809

35, 23857, 0221,6875,4321,217

16, 3319,3693,748

642

6,746

461, 779

60, 00053, 39012, 684

2,000556625

52, 407

5, 33567, 5097,300

58, 4196,075

32, 26158, 7321,7715,5351,193

16, 65811, 0553,700

625

14, 403

472, 233

-1.2+3.8-2.5

-12.4-60.0-7.3

-17.0

-2.9+10. 5-13.8+15.0+4.6

-8.4+3.0+5.0+1.9-2.0

+2.0+18.0-1.3

-2.6

+113. 5

+2.3

Number ofcars

Actual1938

Esti-mated

1939

Percentinc.(t)

or dec.(-)

District No. 6SOUTHEAST

4,84916, 4432,734

72, 77556, 283

17, 40112, 4751,0592,550

15, 257

862127, 53813, 562

109, 327197

303, 01353, 5947,222

24,6811,987

18, 87922, 0715,120

761

3,79133, 1475,8023,9172,351

939, 648

5,09117, 2652, 597

87, 33064,725

15, 0009,980

9852,984

14, 494

862133, 91514. 918

103; 861197

289, 98156, 2747,294

28,6302,305

19, 91722, 0715, 120

837

4,17033, 1476,4404,8962,351

957, 637

+5.0+5.0-5.0

+20.0+15.0

-13.8-20.0-7.0

+17.0—5 0

+5.6+10.0-5.0

-4.3+5.0+1.0

+16.0+16.0

+5.5

+10.0

+10.0

+11.0+25.0

+1.9

District No. 7SOUTHWEST

36, 12218, 6414,615

102, 44050,485

4292,227

474925

41, 390

2,23925, 273

68556, 6245,528

88, 449190, 532

6,7794,405

918

8,1218,9895,132

287

1,5004,4242,5181,5051,178

672, 834

32, 51022, 3694,384

92, 19654, 524

6432,784

4271,017

41, 390

2,57525, 273

71959, 4555, 528

91, 102198, 153

7,4574,6251,010

8,5279,4385,645

287

1,8754,4242,5181,5801,237

683, 672

10.0+20.0-5.0

-10.0+8.0

+50.0+25.0-10.0+10.0

+15.0

+5.0+5.0

+3.0+4.0

+10.0+5.0

+10.0

+5.0+5.0

+10.0

+25.0

+5.0+5.0

+1.6

Number ofcars

Actual1938

Esti-mated

1939

Percentinc.(i°or dec.(-)

District No. 4OHIO VALLEY

47, 099 49, 200

3, 321 3, 460

26, 592

862, 802

92, 170

3,410

20, 140

19, 97812, 420

21, 6527,026

10, 497

1,127,107

24,306

927, 562

96, 962

3,240

22, 154

21, 17612, 618

27, 7577,264

11, 336

+4.5

+4.2

-8.6

+7.5

+5.2

-5.0

+10.0

+6.0+1.6

+28.2+3.4+8.0

1,207,035 +7. 1

District No. 10CENTRAL- WEST-

ERN

44, 63412, 92610, 012

8,81017, 088

74, 376

3,472107, 97716, 43614, 708

707

5, 80327, 2258,0602,037

310

4,190999

670

910

1,408

362, 758

40, 18013, 40010,300

10, 00018, 000

72,400

3,700109, 60017, 36020, 000

584

5,80025, 8707,6001,900

310

4,4001,040

670

910

1,315

365, 339

-10.0+3.7+2.9

+13.5+5.3

-2.7

+6.6+1.5+5.6

+36.0-17.4

-5.0-5.7-6.7

+5.0+4.1

-6.6

+0.7

Number ofcars

Actual1938

Esti-mated

1939

Percentinc.(t}

or dec.(-)

District No. 1MID- WEST

94, 89832,1208,990

5,1234,9387,067

110, 898

13, 793520, 00055, 416

137, 986278

73, 01437, 1506,678

63, 71110, 253

20, 13725, 1196,834

13, 917

18, 7535,017

17, 1855,072

14, 378

87, 26133, 72610, 783

2,1484,2766,792

105, 353

12, 690551, 20055, 416

117, 300278

75, 05840, 8656,678

64, 41211, 278

21,00026, 6266,834

14, 613

28,0004,014

17,7005,326

16, 100

1,308,7251,325,727

-8.0+5.0

+20.0

-58.1-13.4-3.9-5.0

-8.0+6.0

-15.0

+2.8+10.0

+1.1+10.0

+4.3+6.0

+5.0

+49.3-20.0+3.0+5.0

+12.0

+1.3

District No. 11PACIFIC COAST

4,9248,1436,6194,3431,454

14, 21635, 8012,546

25, 88320, 253

6817,915

37, 53745, 938

56,16341, 4707,7815,120

14, 5983,523

2,060

2,1512,592

! 10,207

361, 920

4,9308,1456,4007,6502,550

14, 72538, 2002,800

24,80021,000

6907,150

39,80046, 600

58, 97043, 5007,9005,800

14,0003,500

2,675

2,2002,560

10, 700

377, 245

+0.1

-3.3+76.1+75.4

+3.6+6.7

+10.0-4.2+3.7

+1.3-9.7+6.0+1.4

+5.0+4.9+1.5

+13.3

-4.1-0.7

+29.7

+2.3-1.2+4.8

+4.2

Number ofcars

Actual1938

Esti-mated

1939

Percentinc.(40

or dec.(-)

District No. 3NORTHWEST

129, 57040, 9835,115

98411, 8902,222

61, 977

5,85836, 104

173, 1967,445

199

20,8103,1422,1063,437

870

2,9812,144

590

1,396

2,024681

3,289113

1,525

82, 00042, 4004,500

9849,5001,800

62,000

5,80036, 826

190, 0006,701

199

19, 9503,1422,2003,000

870

2,8001,887

500

1,288

2,700650

3,100113

1,450

520,65li 486,360

-36.7+3.5

-12.0

-20.1-19.0

-1.0+2.0+9.7

-10.0

-4.1

+4.5-12.7

-6.1-12.0-15.3

-7.7

+33.4-4.6-5.7

-4.9

-6.6

District No. 14PACIFIC NORTH-

WEST

11, 0947,0525,800

31, 9133,0562,1963,789

1,26012, 8605,9024,401

199, 50712, 533

42704560

3,4181,136

227

81

920656

2,762220

5,209

317, 298

9,8806,1755,300

26, 5723,0652,1183,750

1,28313, 4006,4574,500

198, 52313, 717

49713573

3,082950230

90

1,058665

3,686297

4,448

310, 581

-10.9-12.4-8.6

— 16 7+0.3-3.5-1.0

+1.8+4.2+9.4+2.2

-0.5+9.4

+16.7+1.3+2.3

-9.8-16.4+1.3

+11.1

+15.0+1.4

+33.5+35.0-14.6

-2.1

i All canned-food products, including catsup, jams, jellies, olives, pickles, preserves, etc*

Page 19: Survey of Current Business November 1929MONTHLY BUSINESS INDICATORS, 1923-1929 [Ratio charts—see explanations on inside front cover. The curves on check payments, wholesale trade,

17

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. All of the index numbers, except where noted, are based on the averageof the years 1923 to 1925, while maxima and minima are given only since 1923, thus eliminating the abnormalperiod prior to 1923. Complete descriptions and figures for earlier years may be found in the following issuesof the Survey (later data being available in the latest semiannual issues): Production in the July, 1928, issue(No. 83), pages 18 to 22; stocks in the August, 1928, issue (No. 84), pages 20 to 22; new orders in the September,1928, issue (No. 85), page 19; unfilled orders in the January, 1928, issue (No. 77), pages 22 and 23; wholesaletrade in the January, 1928, issue (No. 77), page 21; mail-order and chain stores in the May, 1928, issue (No. 81),pages 20 and 21; department stores in the April, 1928, issue (No. 80), pages 20 and 21; employment, based on1923 as 100, in the August, 1928, issue (No. 84), page 108; farm prices in the August, 1928, issue (No. 84), page27; wholesale prices (Department of Labor) in the November, 1927, issue (No. 75), page 24, and the June, 1928,issue (No. 82), page 23; wholesale prices, commercial, in the August, 1928, issue (No. 84), page 26; cost of livingin the August, 1928, issue (No. 84), page 27, and the June, 1926, issue (No. 58), page 24.

Relative to 1923-1925 monthly average as 100

PRODUCTION

TOTAL INDUSTRIAL

Unadjusted, except for working daysAdjusted for seasonal variations

MANUFACTURING

Total (adjusted for working days only)Total (adjusted for seasonal variations)

Iron and steelTextilesFood productsPaper and printingLumberAutomobilesLeather and shoesCement, brick, and glass. ,_Nonferrous metalsPetroleum refiningRubber tiresTobacco manufactures

MINERALS

Total (adjusted for working davs only)Total (adjusted for seasonal variations)

Bituminous coal_Anthracite coalCrude petroleumIron-ore shipments .. _Copper _ „Zinc _Lead.Silver ..

ANIMAL PRODUCTS (Marketings)

TotalWool _ _ _ _LivestockPoultry and eggs__ _ _Dairv productsFish'

CROPS (Marketings)

TotalGrains *Vegetables *Fruits *Cotton products * _Miscellaneous crops *._ _ _

Maxi-mumsince

Jan. 1,1923

125123

127128155121110127110166134140137176166143

128120125133147143139127125123

124421131148160279

251218199266353266

Mini-mumsince

Jan. 1,1923

8183

7982597790917847869287846693

8490771

880

82937585

791476676444

453860431118

1938

July

105110

10611112410089

11794

119112119113156149125

1031009367

1191041131179776

1083877892

138154

871471071642822

August

110112

11011312110790

11787

133112126117160151129

1101059194

12310411612010787

971957980

117170

11518683

16545

116

Septem-ber

115114

11511512810795

11882

139110130117162169128

1151079495

12411012311411579

9254927695

137

178165133206184206

1929

July

119123

11912515111796

12387

146113138128171141131

11811410172

14411912212512088

1164048396

144243

901791691061118

August

121123

12112414312097

12588

146116142123176114133

1211159781

146121119127108106

100268

7789

116247

13521488

13072

102

Septem-ber

124121

12412213911797

136114143124

117143

128119101106144121124124

80

98128968394

283

18191

145173218217

PER CENT INCREASE (+)OR DECREASE (— )

September,1929, from

August, 1929

+ 2. 5-1.6

+ 2.5-1. 6

2. 8-2.5

0. 0

-6.8-1. 74-0.7+ 0. 8

+ 2.6+ 7.5

+ 5.8+ 3. 5+ 4. 1

+ 30. 9-1. 4

0.0+ 4.2-2. 4

-24. 5

2. 0-52. 2+ 24. 7-6. 719. 0

+ 14.6

+ 34. 1-57. 5+ 64. 8+ 33. 1

+ 202. 8+ 112.7

September,1929, from

September,1928

+ 7.8+ 6. 1

+ 7.8+ 6.1+ 8.6

+ 10. 5+ 2.1

+ 2. 2+ 3.6

+ 10.0+ 6.0

-30.8+ 11.7

+ 11. 3+ 11. 2+ 7.4

+ 11.6+ 16. 1+ 10. 0+ 0.8+ 8. 8

+ 1.3

+ 6. 5+ 137.0

+ 4.3+ 9.2-1. 1

+ 106.6

+ 1.7-44.8+ 9.0

-16. 0+ 18.5

5. 3

* Fluctuations between maximum and minimum due largely to seasonal conditions: Minerals and Manufacturing are adjusted for seasonal variations except wherenoted.

78723—29 3

Page 20: Survey of Current Business November 1929MONTHLY BUSINESS INDICATORS, 1923-1929 [Ratio charts—see explanations on inside front cover. The curves on check payments, wholesale trade,

18

INDEXES OF BUSINESS—Continued

Relative to 1923-1925 monthly average as 100

PRODUCTION— Continued

FOREST PRODUCTS

Total

Gum (rosin and. turpentine) *

NEW ORDERS

TotalTextiles

Paper and printing -Stone and clay products

STOCKS

Textiles

Lumber

Rubber

Chemicals and oils

Total raw materials

Textiles

UNFILLED ORDERS

TotalTextilesIron and steelTransportation eouipmentLumber

WHOLESALE TRADE

Grand total all classesGroceriesMeatsDry goodsMen's clothingBoots and shoesHardware.DrugsFurniture

RETAIL TRADE

Mail order houses (2 houses) __ _ _CHAIN STORES:

Ten -cent.Grocery.DrugShoe

DEPARTMENT STORES:SalesStocks

Maxi-mumsince

Jan. 1,1923

112112151204148

138179143141118129

138

125129138157135125192123199155125

157218202136153

167154157204142

124119130128167130118131131

193

305237224184

187117

Mini-munisince

Jan. 1,1923

7471541865

737071678575

82

8879787874786466774684

6968435473

6762664956

828387704368768872

68

62778255

7183

1928

July

878864

17080

f9577

11610010197

105

11812612913311910414971

14515590

96123678791

7768756891

9092

11374689890

10278

123

128197163116

7893

August

898882

16178

9892

11810010897

107

11511712513112110514072

13415691

101136659293

7566756088

11010111811014811995

115108

141

136204169110

8597

Septem-ber

777768

12870

9599

12592

10993

116

11110511813012510413073

13013797

11914595

116108

7569756084

111100130105137110100119126

155

144202164131

107103

1939

July

888681

20497

9081

13483

11190

121

11913212513912010115471

18890

104

123188649694

8270847397

9699

1237469

11095

11187

163

146227204120

8092

August

929177

189100

9291

12783

11585

126

11312512212812510313270

15698

101

13621271

10597

7667767986

11310112011115613099

121117

184

161233214134

9096

Septem-ber

* 848376

15790

137

11111711813513510411571

143101107

156218112111115

7664798084

114102128109139129105124130

193

147216200

109103

PEE CENT INCREASE (+ )OE DECEEASE (— )

September,1929, from

August, 1929

-8.7-8.8-1.3

I f i Q-10.0

+ 8.7

-1.8-6.4-3.3+ 5.4+ 8.0+ 1.0

-12.9+ 1.4-8.3+ 3. 1+ 5.9

+ 14.7+ 2.8

+ 57.7+ 5.7

+ 18.6

0.0-6. 0+ 3.9+ 1.3

2. 3

+ 0.9+ 1.0+ 6.7-1. 8

-10.9-0.8+ 6. 1+ 2.5

+ 11.1

+ 4.9

-8.7-7.3-6.5

+ 21. 1+ 7.3

September,1929, from

September,1928

+ 9. 1+ 7.8

+ 11.8+ 22.7+ 28.6

+ 18. 1

0. 0+ 11.4

0.0+ 3.8+ 8.0

0.0-11.5-2.7

+ 10.026 3

+ 10.3

+ 31. 1+ 50.3+ 17.9-4.3+ 6.5

+ 1.3-7.2+ 5.3

+ 33.30.0

+ 2.7+ 2. 0-1. 5+ 3.8+ 1.5

+ 17. 3+ 5.0+ 4.2+ 3.2

+ 24.5

+ 2.1+ 6.9

+ 22. 0

+ 1.90.0

Fluctuations between maximum and minimum due largely to seasonal conditions.

Page 21: Survey of Current Business November 1929MONTHLY BUSINESS INDICATORS, 1923-1929 [Ratio charts—see explanations on inside front cover. The curves on check payments, wholesale trade,

19

INDEXES OF BUSINESS—Continued

R el at lye to monthly average indicated

EMPLOYMENT

(Relative to 1926 monthly average as 100)

Number employed, by industries:Total, all classes

Food products-Textiles, . _ .Iron and steel ._LumberLeatherPaper and printingChemicals.Stone, clay, and glassMetal products other than iron and steel.Tobacco productsVehicles-Miscellaneous _ _ _

Amount of pay roll, by industries:Total, all classes

Food productsTextiles.. . . _ ......Iron and steel . ..LumberLeather _Paper and printing _ _ .,Chemicals _ _Stone, clav, and glassMetal products other than iron and steel.Tobacco productsVehiclesMiscellaneous

PRICE INDEX NUMBERS

FARM PRICES

(Relative to 1909-1914 average as 100)

All groups _Grains. _ .Fruits and vegetablesMeat animalsDairy and poultryCotton and cottonseedUnclassified _ _

WHOLESALE PRICES

Department of Labor Indexes

(Relative to 1926 monthly average as 100)

All commodities ...Farm products . «_ _Food, etcHides and leather productsTextile products _ -Fuel and lightingMetals and metal productsBuilding materialsChemicals.House-furnishing goodsMiscellaneous

Classified by state of manufacture:Semimanufactured articlesFinished products .Raw materialsNonagricultural commodities »

Commercial Indexes

(Relative to 1926 monthly average as 100)

Dun's _.- _ _Bradstreet's

Maxi-mumsince

Jan. l,1923

111119122113113117103108106109120113116

109114124111108123106108106112119120119

152178253167166252108

105114107127114112113116104111127

128103109106

106112

Mini-mumsince

Jan. 1,1923

92959186858894858286868483

84938775827986867881818481

12510810898

1228179

9494859893819790939779

94939393

8595

1928

July

92979191879398879192909790

911008789879199928890909689

14514215615713417088

9810710212497839994959781

9898

10096

103102

August

9497929289959888949397

10090

9498909390979993949794

10289

13912013716213615387

991071041219685

10095959779

97999997

103103

Septem-ber

95100949390959895939499

10292

9510193939296

10197929898

10192

14111712717414514285

1001091071219685

10195959780

9710110198

103102

1929

July

98.10094

1019094

10196889793

102116

9810391

1029094

10310084

1009398

116

14012213616713714585

981081031099382

10597939781

96989996

10298

August

999995

1009297

10198919795

101115

10210295

10593

10110410289

10296

109113

14312916016514114686

981071031109381

10497949781

96979994

10298

Septem-ber

9910297

1019198

103102919696

100115

10310598

10495

10110810590

10199

105115

14113116015614614685

981071031119381

10498949782

98979995

10298

PER CENT INCREASE (+ )OR DECREASE ( — )

September,1929, from

August, 1929

0.0+ 3.0+ 2.1+ 1.0-1. 1+ 1.0+ 2.0+ 4. 1

0.0-1.0+ 1.1-1.0

0.0

+ 1.0+ 2.9+ 3.2-1.0+ 2. 2

0.0+ 3.8+ 2.9+ 1. 1-1.0+ 3.1-3.7+ 1.8

-1. 4+ 1.6

0.0-5. 5+ 3.5

0. 0-1. 2

0.00.00.0

+ 0.90.00.00.0

+ 1.00.00.0

+ 1.2

+ 2.10.00.0

+ 1- 1

0.00.0

September,1929, from

September,1928

+ 4.2+ 2.0+ 3.2+ 8.6+ 1.1+ 3. 2+ 5. 1+ 7.4

2 9

+ 2.1-3.0

9 0+ 25.0

+ 8.4+ 4.0+ 5.4

+ 11.8+ 3.3+ 5.2+ 6.9+ 8. 2-2.2+ 3. 1+ 1.0+ 4.0

+ 25.0

0.0+ 12.0+ 26.0-10.3+ 0.7+ 2.8

0.0

i

2. 0-1.8-3.7-8. 3-3. 1-4.7+ 3.0+ 3. 2-1. 1

0.0+ 2.5

+ 1.04. 0

-2.0-3. 1

-1.0-3.9

Page 22: Survey of Current Business November 1929MONTHLY BUSINESS INDICATORS, 1923-1929 [Ratio charts—see explanations on inside front cover. The curves on check payments, wholesale trade,

20

INDEXES OF BUSINESS—Continued

Relative to monthly average indicated

PRICE INDEX NUMBERS— Contd.

COST OF LIVING

National Industrial Conference Board Indexes

(Relative to July, 1914)

All items weightedFood (Department of Labor)ShelterClothing.Fuel and light (combined)FuelLight _ _Sundries-

Maxi-

sinceJan. 1,

1923

172167186177179208123176

Mini-

sinceJan. 1,

1923

158141159160156174118168

1928

July

161153161174158177121171

August

161154161173159178121171

Septem-ber

163158161174160180121171

1929

July

162159159166157176120169

August

163160159169158177120169

Septem-ber

163161160168159180120160

PER CENT INCREASE (+)OR DECREASE (— )

September,1929, from

August, 1929

0 0+ 0 6+ 0 6— 0. 6+ 0. 6+ 1 7

0 0-5.3

September,1929, fromSeptember,

1928

0 0+ 1 9— 0 6— 3 4— 0. 6

0 0— 0 8

6 4

LUMBER PRODUCTION

STATE

United States

AlabamaArizonaArkansasCalifornia and NevadaColoradoConnecticutDelawareFloridaGeorgiaIdaho _IllinoisIndianaIowa and KansasKentuckyLouisianaMaineM^arylandMassachusettsMichigan __ _MinnesotaMississippi - --Missouri

NUMBER OFMILLS

1928

13, 268

1,50225

42316514013935

20398214452

21925

331226411226169141136825346

1927

13, 756

1,64726

46015411614445

1831,133

14550

25627

375237400256175143123837356

LUMBER CUT M. FEETB. M.

1923

34, 142, 123

1, 980, 082158, 047

1, 129, 7311, 952, 659

72, 25735, 35613, 161

995, 0721, 039, 475

977, 46829, 623

126, 79013, 908

174, 3402, 278, 422

266, 52359, 729

112, 299572, 059412, 343

2, 524, 319141, 900

1927

34, 532, 420

2, 171, 687169, 085

1, 229, 4812, 070, 811

67, 32155, 94916, 824

907, 1281, 201, 008

923, 98628, 663

148, 49216, 982

197, 6182, 385, 724

263, 81867, 54188, 298

578, 254396, 891

2, 556, 612189, 136

Percent of

in-crease(+)

or de-crease(-)

-1.1

-8.8— 6. 5-8.1-5.7+7.3

-36.8-21.8+9.7

-13.4+5.8+3.3

-14.6-18.1-11.8

4.5+1.0

-11.6+27.2-1.1+3.9-1.3

-24.9

STATE

Montana

New JerseyNew Mexico. _ _. _New York.North Carolina _ _ .OhioOklahomaOregon _PennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest Virginia.Wisconsin ._Wyoming

NUMBER OFMILLS

1928

1192792277

3641,105

33296

440506

15372

52505215

5924470343322519149

1927

1262522473

3991,142

37974

369589

1637048

56619449

25268840022319738

LUMBER CUT M. FEETB. M.

1928

387, 879239, 261

3,220162, 030130, 106

1, 020, 893112, 229193, 793

4, 371, 924238, 615

4,622821, 900

53, 967530, 306

1, 446, 6887,623

107, 358547, 706

7, 305, 277547, 823818, 850

24, 402

i

1927

396, 267215, 912

5,044172, 517142, 505

1, 055, 222127, 880169, 943

3, 992, 852277, 722

6,815817, 01646, 909

595, 2971, 446, 460

6,15290, 880

535, 6167, 325, 862

541, 870819, 507

12, 863

Percent of

in- :,crease(+)

or de-crease(-)

-2.1+10.8-36.2-6.1-8.7-3.3

-12.2+14.0+9.5

-14.1-32.2+0.6

+15.0-10.9+0.1

+23. 9+18.1+2.3-0.3+1.1-0.1

+89.7

1 Compiled by the U". £>. Department of Commerce, Bureau of the Census, according to data collected in the annual census of forest products for 1928. The figures for1928 are preliminary and subject to such correction as may be found necessary.

SHIPMENTS OF PREPARED ROOFING l

1928

JanuarFebruaryM^arch

M!ayJuneJuly *AugustSeptemberOctober

December

Total

Total

2 121 2501 821,5264, 219, 4943 613,7073, 578, 2154, 132, 5132, 833, 9513, 007, 5343 137 2553 406,9002 442 0501 664 280

35 978 675

Smoothroll

1 194,663934, 940

1, 792, 6321, 501, 1891, 396, 4301, 719, 1721, 187, 8231, 248, 0081, 382, 1651, 593, 9211 203 376

838 528

15 992 847

Grit roll

499, 453457, 886

1, 186, 863960, 851934, 482

1, 101, 863778, 576802, 145805, 117790, 063507 315325, 729

9 150 343

Stripshingles,patented,hexagon

(allkinds)

344, 216348, 167

1, 061, 594954, 297

1, 020, 1891, 089, 562

716, 021781, 499782, 731850, 096619 059416, 610

8, 984, 041

Individ-ual andsinglethick-

ness shin-gles (allkinds)

82, 91880, 533

178, 405197, 370227, 114221, 916151, 531175, 882167, 242172, 820112, 30083, 413

1, 851, 444

1929

JanuaryFebruary _ _March _ _AprilMay _JuneJuly .AugustSeptember. _OctoberNovemberDecember _ _

Total ._ ..

Total

2, 406, 1983, 356, 9984, 191, 5764, 517, 7614,511,3593, 692, 2973, 250, 6472, 835, 5392, 968, 522

Smoothroll

1, 318, 5931. 796, 2082, 078, 5802, 056, 5971, 910, 7261, 446, 9271, 329, 2771, 067, 3891, 225, 067

Grit roll

476, 604702, 910998, 272

1, 063, 3301, 065, 624

933, 042921, 540775, 935788, 207

Stripshingles,patented,hexagon

(allkinds)

515, 024744, 722947, 723

1, 163, 2011, 291, 5461, 103, 479

797, 971808, 670780, 100

Individ-ual andsinglethick-

ness shingles (allkinds)

95, 977113, 158167, 001234, 633243, 463208, 849201, 859183, 545175, 148

i Compiled by the Department of Commerce, Bureau of the Census, from reports of !industry.

i manufacturers whose output constitute a large percentage of the total for the

Page 23: Survey of Current Business November 1929MONTHLY BUSINESS INDICATORS, 1923-1929 [Ratio charts—see explanations on inside front cover. The curves on check payments, wholesale trade,

21

MOVEMENT OF GRAIN PRICES 1

Dollars per bushel

MONTH

JanuaryFebruaryMarch _April..May-JuneJulyAugust _.. .SeptemberOctober _NovemberDecember

Monthly average...

1910 1911 1912 1913 1914 1915 1916 1917\

1918 1919 1920 1931 1923 1923 1924 1925 1926 1927 1938 1939

Wheat No. 1 Northern Spring, Minneapolis

1.141.141.151.111.101.091.211.131.091.081. 041.03

1.11

1.061.02.98.96.99.97.99

1.051.091.101.051.02

1.02

1.061.061.081.101.161.131.09.98.89.90.84.82

1.01

0.89.87.85.88.91.92.91.88.87.84.85.86

.88

0.87.93.92.91.94.92.92

1.101.121.111.181.20

1.01

1.381.521.491.581.581.351.441.18.97

1.021.021.14

1.31

1.29.26.14.22.22.11.21.64.64.79

1.951.79

1.44

1.931.862.032.382.962.732.662.472.172.172.172.17

2.31

2.172.172. 172.172.172.172.172.232.232.192.222.22

2.212.242.362.562.592.482.662.592.562.672.853.07

2. 19 2. 57

3.012.672.843.063.092.932.882.562.542.161.791.66

2.60

1.791.721.661.531.571.691.671.481.511.341.251.31

1.54

1.341.511.511.581.611.491.491.111.101.151.231.25

1.36

1.231.261.241.301.281. 171.121.181.211.201.141.16

1.21

1.191.211.211.211.221 251.371.311.301.461.481.66

1.32

1.891.871.711.501.671.641.591.641.501.491.551.69

1.65

1.731.671.611.641.621.631.721.491.431.491.461.46

1.58

1.431.421.391.381.471.491.471.431.341.291.301.32

1.39

1.351.341.391.531.571.481.381.191.191.161.161.15

1.32

1.211.28.25.20.11. 15.43.35.35

Wheat No. 3 Ked Winter, St. Louis

JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovember.December

Monthly average. _.

JanuaryFebruary _. .MarchAprilMayJuneJulyAugustSeptember _OctoberNovemberDecember

Monthly average...

1.301.271.231.121.161.021.071.021.021.00.96.98

1.10

1.03.96.93.90.94.88.84.88.94

1.00.96.97

.94

1.021.011.041.131.211.111.031.041.031.091.041.07

1.07

1.111.091.081.091.04.99.85.88.94.93.94.95

.99

0.96.95.95.94.96.84.87.93

1.101.101.111.18

.99

1.401.57.50.54.50.19.17.14.14

1.211.161.23

1.31

1.34.30.17.22.20.10.25

1.451.601.731.871.83

1.42

1.961.882.052.663.042.652.362.322.152.152.152.15

2.29

2.152.152.152.152.152.152.212.212.192.222.222.32

2.19

2.412.382.552.712.602.412.222.202.212.242.292.48

2.39

2.702.552.582.762.992.892.732.512.582.262.021.99

2.55

2.021.901.661.411.581.501.231.231.361.261.201.21

1.46

1.221.381.421.411.381.181.121.091.141.231.291.36

1.27

1.371.391.361.391.331,23.97.99

1.091.161.121.14

1.21

1.161.181.141.131.121.161.351.381.401.561.631.79

1.33

2.102.021.861.771.861.891.591.721.711.701.711.84

1.81

1.941.851.701.711.621.471.421.341.361.401.361.37

1.55

1.381.351.301.291.421.501.411.421.421.451.411.44

1.40

1.511.561.691.961.961.791.471.381.451.441.451.39

1.59

.42

.40

.35

.25

.171.211.391.321.35

Wheat No. 2, Hard Winter, Kansas City

1.111.111.101.081.071.081.041.00.99.95.91.93

1.03

0.95.90.88.88.90.88.87.93.95

1.041.001.00

.93

1.051.031.051.091.111.09.92.89.88.88.83.84

.97

0.87.86.86.88.87.88.82.83.87.84.83.84

.85

0.85.86.88.87.90.85.78.91

1.041.021.081.13

.93

1.341.541.491.541.501.211.361.261.071.071.031.12

1.29

1.201.201.051.121.101.001.141.411.571.671.851.72

1.34

1.891.821.972.433.012.742.682.612.122.122.122.12

2.30

2.122.122.122.122.122.122.202.162.162.162.152.24

2.15

2.312.262.392.622.602.472.252.182.242.302.462.63

2.39

2.822.422.492.752.932.762.682.452.442.071.761.69

2.44

1.721.621.551.331.471.381.181.151.221.101.091.09

1.33

1.131.291.341.351.341.171.131.041.041.131.171.17

1.19

1.141.151.161.201.161.04.96

1.011.091.121.091.09

1.10

1.131.111.091.041.081.081.201.191.201.371.431.62

1.21

1.821.811.711.511.631.601.541.641.581.581.631.72

1.65

1.781.711.611.591.551.531.371.311.321.391.371.38

1.49

1.371.351.331.311.42.44.36.35.31.28

1.311.32

1.35

1.331.331.381.521.601.471.201.061.071.101.121.11

1.27

1.141.181.161.101.011.051.251.231.24

Corn No. 3 Yellow, Chicago

JanuaryFebruaryMarch..April _May. .JuneJulyAugustSeptember _OctoberNovemberDecember.

Monthly average. _ _

JanuaryFebruaryMarcii.ApriL. _May-JuneJulyAugust..SeptemberOctoberNovemberDecember _

Monthly average...

0.64.63.61.57.60.59.62.64.58.50.49.45

.58

0.45.45.45.50.54.55.63.65.67.73.68.61

.58

0.62.64.68.78.79.75.68.79.74.65.52.46

.68

0.46.48.49.55.57.60.62.74.75.70.72.66

.61

0.62.62.64.67.70.72.71.82.79.73.67.64

.69

0.71.74.72.75.77.74.78.81.74.65.63.69

.73

0.74.74.73.76.75.74.81.85.86.96.98.92

.82

0.981.001.091.401.591.701.992.062.102.032.211.77

1.66

1.771.81.1.701.651.601.621.701.721.581.411.331.45

1.431.271.531.621.741.781.921.951.551.411.461.47

1.61 i 1.59

1.511.461.581.692.021.891.581.581.31.91.77.74

1.42

0.65.63.62. 57.60.63.60.56.53.45.47.47

.57

0.48.55.57.58.62.61.64.62.64.69.71.73

.62

0.70.72.73.79.82.84.88.88.89

1.04.82.71

.82

0.76.78.77.77.77.82

1.091.171.141.101.111.20

.96

1.241.221.171.051.151.131.081.02.91.82.83.76

1.03

0.79.75.72.71.71.70.78.80.79.77.71.75

0.74.73.68.71.87.99

1.021.09.97.84.84.86

.75 .86

0.89.95.99

1.061.081.031.061.021.00.96.84.83

.98

0.93.94.94.90.87.91.99

1.011.01

Corn No. 3 Yellow, Kansas City

0.65.61.59.55.62.60.62.62.55.49.47.43

.57

0.44.42.44.47.52.55.67.62.66.71.67.62

.57

0.66.65.71.81.80.75.75.76.71.64.45.45

.68

0.47.47.50.56.58.59.62.75.75.72.72.66

.62

0.65.63.66.69.73.71.70.81.78.70.64.65

.70

0.73.73.71.75.75.74.76.76.70.59.62.67

.71

0.70.71.68.72.72.72.78.82.84.91.95.89

.79

0.95.99

1.161.411.581.682.011.781. 961.912.021. 66

1.59

1.651.741.661.591.611.541.631.761.661.451.471.52

1.61

1.421.341.481.661.741.791.921.931.641.421.511.51

1.61

1.491.451.561.711.911.821.581.571.28.88.67.69

1.38

0.60.58.57.52.56.56.51.46.49.38.43.42

.51

0.45.53.54.57.59.59.60.58.59.64.73.71

.59

0.70.71.73.82.85.85.84.83.86.95.78.67

.80

0.73.73.72.76.75.86

1.041.091.101.081.071.15

.92

1.211.151.111.011.101.081.081.02.91.82.75.74

1.00

0.75.70.67.69.71.72.81.83.80.77.74.75

.75

0.74.72.73.73.91.97

1.031.05.96.83.79.78

.85

0.81.86.91.97

1.051.021.00.94.94.86.82.79

.91

0.87.87.88.85.85.88.93.99.99

i Compiled by the U. S. Department of Agriculture, Bureau of Agricultural Economics, from the various grain papers and periodicals and represents the average priceper bushel for reported cash sales in the leading primary markets of the producing centers, weighted by the number of cars sold. The average for the year represents asimple average of monthly figures.

Page 24: Survey of Current Business November 1929MONTHLY BUSINESS INDICATORS, 1923-1929 [Ratio charts—see explanations on inside front cover. The curves on check payments, wholesale trade,

22

MOVEMENT OF GRAIN PRICES»—ContinuedDollars per bushel

January _FebruaryMarchAprilMayJune _JulyAugust - - -SeptemberOctoberNovemberDecember

Monthly average

JanuaryFebruaryMarch ._April -MayJuneJulyAugustSeptemberOctober..NovemberDecember _

Monthly average...

JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember

Monthly average.. .

JanuaryFebruaryMarchAprilMayJune _JulyAugustSeptemberOctoberNovemberDecember

Monthly average.. _

JanuaryFebruaryMarch _ _ _AprilMayJuneJulyAugustSeptemberOctoberNovemberDecember

Monthly average...

1910 1911 1912 1913 1914 1915 1916 1917

4

1918 1919 1920 1921 1922 1923 1924 1925 1926 1927 1928 1929

Corn No. 3, white, Chicago

i-

1.481.481.581.702.021.931.541.571.28.91.73.71

141

0.65.63.62.57.60.62.61.56.54.45.46.47

.57

0.48.54.58.58.62.61.64.62.63.69.71.73

.62

0.70.72.73.79.81.83.86.87.89

1.03.8171

.81

0.78.78.77.77.77.82

1.091.171.141.101.101.21

.96

1.221.191.151.041.141.121.051.01.90.82.82.76

1.02

0.79.74.72.72.72.70.81.80.79.77.71.75

0.76.72.69.71.85.99

1.011.09.97.83.84.88

.75 1 .86

0.88.94.97

1.041.061.031.061.021.00.98.84.83

.97

0.95.95

. .94.91.89.94

1.001.011.02

Oats No. 3, white, Chicago

0.48.47.44.42.40.38.41.35.34.32.32.32

.39

0.33.31.31.32.34.39.44.41.45.47.48.47

.39

0.50.52.53.57.55.53.49.33.33.33.32.33

.44

0.33.33.32.35.38.40.40.42.43.40.40.40

.38

0.39.39.39.39.40.40.37.42.48.46.48.49

.42

0.53.58.57.57.54.49.53.41.34.36.36.42

.48

0.48.45.42.44.43.39.41.44.46.49.55.53

.46

0.57.56.61.69.70.67.78.61.60.60.65.77

.65

0.82.89.93.89.77.77.77.70.72.69.72.72

.78

0.65.58.63.70.69.70.78.73.68.70.73.82

0.86.86.93

1.011.091.13.91.70.62.54.51.48

.70 .80

0.44.42.42.36.39.37.34.32.35.31.33.34

0.34.36.36.38.38.37.36.32.38.42.43.44

.37 .38

0.43.44.45.46.45.43.40.38.40.43.43.44

.43

0.46.48.47.48.48.51.54.50.48.50.50.58

.50

0.58.53.48.42.45.49.44.41.39.39.40.42

.45

0.42.41.40.42.41.40.42.38.38.44.42.46

.41

0.46.43.44.45.50.49.45.47.47.48.49.54

.47

0.55.56.59.63.67.68.56.38.41.42.44.46

0.50.50.48.48.45.45.47.43.48

.53

Barley No. 2, Minneapolis

0.61.60.58.54.54.53.60.61.63.63.66.70

.60

0.77.74.81.88.75.77.87.85.94.95.98.91

.85

1.051.00.95

1.01.99.76.60.46.49.50.47.45

.73

0.49.48.46.46.50.52.48.58.61.56.53.50

.51

0.52.50.48.47.48.47.45.59.58.55.59.57

.52

0.68.75.70.70.70.66.68.59.48.51.56.61

.64

0.70.66.65.68.70.68.69.81.81

1.031.111.07

.80

1.171.171.211.361.481.381.491.311.331.281.271.49

1.33

1.561.882.121.821.461.231.181.02,95.91.94.92

1.33

0.90.87.93

1.091.131.121.211.331.271.291.331.52

1.17

1.521.371.511.601.741.491.161.02.99.92.82.74

1.24

j0.69.65.67.61.59.57.62.58.55.50.54.47

.59

0.51.56.58.61.62.56.56.49.54.57.60.61

.57

0.57.60.59.64.61.58.59.56.58.60.61.62

.60

0.62.68.70.75.70.73.76.80.81.85.81.87

.76

0.93.94.88.81.84.84.84.72.66.65.63.65

.78

|0.65.62.62.63.65.64.67.63.62.65.64.67

.64

0.69.71.72.77.88.88.81.77.72.73.77.83

.77

0.84.87.90.92.93.94.85.65.63.63.62.62

.78

0.66.70.67.65.60.60.69.61.60

Rye No. 2, Minneapolis

0.77.76.74.73.71.69.73.73.71.72.74.77

.73

0.79.78.84.88

1.01.87.79.80.85.92.88.87

.86

0.90.88.89.89.87.79.69.64.62.63.58.56

.75

0.58.57.55.57.57.56.57.61.61.56.54.55

.57

0.55.56.56.57.60.59.58.80.89.87

1.011.06

.72

1.151.241.121.111.161.121.02.97.90.96.93.92

1.05

0.96.95.89.93.94.94.93

1.15.1.201.261.441.38

1.08

1.421.421.581.802.262.372.201.751.841.811.771.83

1.84

1.932.242.912.742.301.851.841.681.601.581.621.57

1.541.341.541.711.551.451.541.481.391.361.381.66

1. 99 1. 50

1.731.531.701.952.082.142.091.921.851.661.481.49

1.80

1.581.441.421.281.371.261.151.00.99.80.72.78

1.15

0.75.95.97.97

1.02.86.76.69.66.71.81.83

.83

0.82.80.76.81.76.64.61.62.66.66.64.65

.70

0.67.66.63.61.63.70.83.86.95

1.211.231.33

.86

1.541.541.301.061.141.11.95

1.00.83.77.81.98

0.99.91.81.85.83.89

1.02.97.93.95.94.94

0.991.02.99.99

1.091.111.04.92.92.92.99

1.02

1.09 j .92 1.00

1.031.061.141.241.281.231.11.94.94.94.98.97

1.07

1.011.051.00.89.85.84

1.07.98.97

Flaxseed No. 1, Minneapolis

2.182.182.252.382.222.042.342.472.662.622.612.42

2.602.682.602.562.472.242.102.342.472.352.042.06

2. 36 2. 38

2.152.062.062.152.232.251.971.861.761.601.351.25

1.89

1.291.341.261.291.301.311.381.471.451.381.351.44

1.36

1.491.531.581.541.561.591.681.641.511.331.451.54

1.54

1.831.861.91.93.95.76.67

1.671.701.861.992.07

1.85

2.312.322.272.131.961.801.962.152.112.542.782.84

2.26

2.892.812.903.183.333.113.013.463.383.163.293.40

3.16

3.603.744.084.093.933.864.404.394.093.593.773.54

3.413.453.753.884.124.865.945.874.924.324.834.99

3.92 4.53

5.125.095.024.684.53

1 3.923.483.283.232.832.272.06

3.79

1.961 1.82

1.781.581.841.861.892.012.031.811.811.89

1.86

2.132.462.572.702.802.502.592.292.282.382.482.62

2.48

2.803.043.073.402.942.802.702.342 3g2'. 482.422.46

2.74

2.502.582.492.472.462.442.472.442.262.402.582.84

2.49

3.153.122.972.792.802.682.492.542.592.582.562.61

2.74

2.502.432.322.342.302.332.442.382.332.212.222.24

2.34

2.232.252.222.242.342.252.232.222.212.132.132.15

2.22

2.242.272.332.362.462.382.212.052.092.282.352.39

2.28

2.452.552.492.452.452.482.762.793.23

1 See footnote on page 21.

Page 25: Survey of Current Business November 1929MONTHLY BUSINESS INDICATORS, 1923-1929 [Ratio charts—see explanations on inside front cover. The curves on check payments, wholesale trade,

23

TREND OF BUSINESS MOVEMENTS

The following table contains a summary of the monthly figures, designed to show the trend in importantindustrial and commercial movements. These data represent continuations of the figures presented in thelatest semiannual number (August, 1929), in which monthly figures for 1928 and 1929 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 ofthe end of the month referred to. For explanations of relative numbers, including base periods, see intro-duction on inside front cover.

The cumulatives shown are throughSeptember, except where otherwisenoted. Earlier data for items shownhere may be found on pages 27 to 138of the August, 1929, "Survey"

TEXTILES

Wool

Receipts at Boston:Total thous. oflbsDomestic thous of IbsForeign thous. of Ibs

Imports:In condition imported _thous. of lbs._Grease equivalent thous . of Ibs . .

Consumption by textile mills,grease equivalent thous. of lbs_ _

Machinery, activity, hourly:Looms-

Wide per ct. of hours activeNarrow 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

Woolen per ct. of hours activeWorsted per ct. of hours active--

Prices:Raw territory fine scoured dolls per IbRaw, Ohio and Pa. fleeces,

Y± blood, combing, grease dolls per IbWorsted yarn .dolls, per lb__Women's dress goods, French

serge, 39-in._ dolls, per yd..Suiting 13-oz dolls per yd

Cotton

Production, crop estimate thous. of balesGinnings thous. of balesReceipts into sight . . .thous. of balesImports, unmanufactured bales. _Exports, unmanufactured

(including linters) .. balesConsumption by textile mills bales..Stocks, domestic, end of month:

Totals, mills and w'houses.thous. of bales. .Mills thous. of balesWarehouses thous of bales

Stecks, world visible, end of month:Total thous of balesAmerican thous of bales

Prices:To producer dolls per IbIn New York, middling dolls, per lb__

Cotton Yarn

Machinery activity of spindles:Active spindles thousandsTotal activity millions of hoursActivity per spindle hoursRatio to capacity per cent

Carded sales yarn:Production thous. of Ibs . .Stocks end of month thous of IbsUnfilled orders end of month thous of Ibs

Prices:22/1 cones, Boston dolls per Ib40/ls, southern spinning dolls per Ib

Cotton Goods

Cotton textiles:Production. thous. of yds..New orders thous. of yds..Shipments _ .thous. of yds..Stocks, end of month thous. of ydsUnfilled orders end of mo thous of yds

Fine cotton goods, production piecesCotton cloth:

Imports thous. of sq. yds_.Exports thous. of sq. yds_.

Fabric for tire manufactureconsumption thous of Ibs

Elastic webbing, shipments thous. of dolls. .

* As of Oct. 1.

1939

May

24, 21516, 1088,107

19, 78622, 372

48, 765

6761728684

8266

1.00

.431.50

.982.008

«33242, 486

328, 068668, 229

3,3251,4771,848

5,2683,000

.180

.195

W,100

261110.9

17, 9418,760

37, 609

.353

.499

341, 370278, 335326, 121367, 340382, 512526, 971

6,52746, 261

23, 3021,725

June

47, 79540, 5967,199

16, 59217, 903

44, 066

6561698578

8265

.97

.421.45

.982.008

622226, 113

308, 947570, 281

2,6651,2891.376

4,4762,302

.179

.188

30, 6288,155

232104.8

20, 2728,785

32, 650

.348

.499

285, 928228, 244252, 008401, 260358, 748465, 658

4,88044, 730

20, 3591,473

3 Final es

July

56, 98153, 6523,329

18, 81521, 931

47, 296

6260618086

7862

.93

.421.45

.988 1. 996

12621, 369

246, 983546, 457

2,0381,052

986

3,6511,693

.178

.186

30, 3967,744

222100.3

13, 2118,901

32,472

.348

.505

234, 439262, 889252, 779382, 920368, 858408, 659

5,17550, 412

18, 1261,357

timate.

August

40, 47635, 5944,882

17, 06819, 015

52, 644

6062668093

7769

.93

.431.45

.981.901

82324, 793

235, 914558, 113

2,189802

1,387

3,4581,629

.180

.187

30, 2378,130

23497.7

19, 6398,185

32, 175

.349

.510

307, 538312, 635326, 398364, 060355, 095485, 437

3,92742, 359

Septem-ber

19, 44416, 9752,469

18, 15821, 450

49,755

6463668394

7770

.92

.431.48

.981.901

2 14, 825* 9, 099

2,43123, 974

731, 613545, 649

4,017792

3,225

4,3812,652

.182

.189

30, 0387,881

226104.0

17, 1227,423

35, 833

.357

.510

268, 611371, 485287, 628345, 043438, 952381, 760

3,97242, 274

1,3991 1,4194

1938

August

29, 72025, 8023,918

14, 47216, 078

45, 103

5548637765

7458

1.14

.541.60

1.032.008

652725, 258

259, 489526, 340

1,923782

1,141

3,4801,790

.188

.193

28,2177,431

20987.1

14, 04611, 57427, 044

.369

.514

302, 470340, 810324, 073441, 667288, 964136, 237

3,75343, 928

21, 8541,399

As of Oct.

Septem-ber

10, 3157,1563,159

14, 51017, 015

43, 492

5953628574

8062

1.14

.541.58

.992.008

3 14, 4784 8, 1518 2, 07818, 508

814, 569« 492, 307

6 3, 3586720

s 2, 638

4,1142,563

.176

.185

s 28, 2096,961

196«90.1

18, 83910, 24834, 836

.358

.501

253, 688387, 151278, 110417, 245398, 005113, 627

3,13934, 694

17, 7971,478

18.

PEE CENT IN-CREASE (+) OBDECREASE (— )

Sep-tember,

1929,from

August,1929

-52.0-52.3-49.4

+6.4+12.8

-5.5

+6.7+1.6

0.0+3.8+1.1

0.0+1.4

-1.1

0.0+2.1

0.00.0

+195. 4-3.3

+210. 1-2.2

+83.3-1.2

+132. 5

+26.7+62.8

+1.1+1.1

-0.7-3.1-3.4+6.4

-12.8-9.3

+11.4

+2.30.0

-12.7+18.8—11.9

1 -5. 2| -23. 6

-21.4

+1.1-0.2

+1.4

Sep-tember,

1929,fromSep-

tember,1928

+88.5+137. 2-21.8

+25.1+26.1

+14.4

+8.5+18.9+6.5

+29! oj-3.7J

+12. 9

-19.3

-20. 4-6.3

-1.0-5.3

+19.9+29.5

-10.2+10.8

+19.6+10.0+22.3

+6.5+3.5

+3.4+2.2

+6.5+13.2+15.3+15.4

-9.1-27.6+2.9

-0.3+1.8

+5.9-4.0+3.4

-17.3+10.3

+236. 0

+26.5+21.8

-4.6

« I

CUMULATIVE TOTALFROM JAN. 1

THROUGH SEPT. 30

1928

265, 532189, 30876, 224

187, 988211, 001

390, 910

6,254236, 313

4, 940, 2094, 811, 358

158, 091

2, 657, 1492, 587, 6842, 576, 405

2, 141, 133

47, 388373, 550

1929

264, 365181, 47382, 892

221, 248247, 515

442,411

7,000355, 139

4, 338, 8745, 419, 734

_..

166, 856

2, 655, 4372, 672, 2282, 702, 137

3, 972, 621

' 45,646440, 421

12,519 13,379

Revised.

Per ct.in-

creasec+)or de-crease(-)

cumu-lative1929from1928

-0.4-4.1+8.7

+17.7+17.3

+13.2

+11. 9+50.3

-12.2+12. 6

+5.5

-0.1+3.3+4.9

+85.5

-3.7+17.9

+13.0

Page 26: Survey of Current Business November 1929MONTHLY BUSINESS INDICATORS, 1923-1929 [Ratio charts—see explanations on inside front cover. The curves on check payments, wholesale trade,

24

TREND OF BUSINESS MOVEMENTS—Continued

The cumulatives shown are throughSeptember, except where otherwisenoted. Earlier data for items shownhere may be found on pages 27 to 138of the August, 1929, "Survey"

TEXTILES-Continued

Cotton Goods— ContinuedPrices:

Print cloth, 64 x 60 dolls, per yd..Sheeting, brown dolls, per yd..Cotton goods (Fairchild), rel. to 1911-1913. .

Cotton Finishing

White, dyed and printed (outside mills) :Billings, finished goods thous. of yds..New orders, gray yardage _._thous. of yds_.Shipments, finished goods casesStocks, finished goods, end mo cases ..Operating activity per ct. of capacity _ _Unfilled orders, end of month days..

Printed only (mills and outside) :Production thous. of yds..Stocks, end of month __thous. of yds..

SilkImports raw thous of IbsDeliveries (consumption) balesStocks, end of month:

At warehouses bales. .At manufacturing plants bales..

Silk machinery activity:Broad looms per cent of normal--Narrow looms per cent of normal..Spinning spindles per cent of normal..

Prices:Raw, Japanese, 13-15, N. Y-dolls. per lb__Silk goods, composite dolls, per yd_.

RayoiiImports thous. of IbsStocks, bonded, end of month thous. of Ibs. _Price, 150 denier, A grade, N. Y. .dolls, per lb._

Clothing

Men's and boys' garments cut:Suits.. thous. of garments. _Separate trousers thous. of garments..Overcoats . thous. of garments

Overalls:Cut thous. of dozen garments..Net shipments ._ thous. of dozen garments ._Unfilled orders,

end of mo thous. of dozen garments ._

Hosiery

Production thous. of dozen pairsNet shipments thous of dozen pairsStocks, end of month thous. of dozen pairs..New orders thous. of dozen pairsUnfilled orders, end of

month thous. of dozen pairs

Knit Underwear

Production _ thous. of dozen garments _Net shipments thous . of dozen garments _ _Stocks, end of mo thous. of dozen garments. _New orders thous. of dozen garments--Unfilled orders, end

of month. _ thous. of dozen garments _

Burlaps and FibersImports:

Burlaps ___thous. of lbs._Fibers (unmanufactured) long tons _

Pyroxylin- Coated Textiles

Pyroxylin spread thous. of IbsShipments billed thous. of linear yards..Unfilled orders, end mo_. thous. of linear yards. .

Cotton Mill Dividends(Quarterly)

Fall River mills thous. of dollarsNew Bedford mills . thous. of dollars

FurSales by dealers. _ _ thous. of dollars

Buttons

Fresh-water pearl buttons:Production ratio to capacity..Stocks, end of month^ thous. of gross..

1939

May

0.073.087162

88, 70779, 22854, 24735, 618

5.2

85, 89478, 184

8,59949, 121

39, 89824, 623

101.074.265.3

4.7771.18

1,5892,4231.30

1,9872,412

346

384352

194

3,8233,6588,3944,101

5, 071

1,3161,1681,6791,088

2,349

71, 64926, 300

5, 2454,5633,531

12, 522

51.611, 226

June

0.072.084159

78, 96465, 46245, 67435, 487

605.1

72, 80878, 492

7,59646, 504

47, 42523, 162

100.767.863.1

4.9251.19

1,5822,9021.23

2,1982,221

507

362317

161

3,5433,5678,4133,513

4,841

1,1871,1261,7351,157

2,293

51, 21621, 182

4,6154,0072,910

82253280

8,546

50.111, 351

July

0.073.083159

75, 58269, 47544, 80937, 299

574.9

60, 90287, 397

7,85851, 624

42, 59620, 985

99.765.163.8

4.8761.18

8582,8021.15

2,2022,307

631

380361

220

3,0683,0757,9432,813

4,437

1,0911,0641,797

891

2,103

41, 52620, 469

4,3313,5092,805

8, 135

40.911, 170

August

0.0755.086

160

75, 84569, 16845, 23836, 320

604.9

69, 31587, 918

9,62059, 704

48, 40825, 854

101.965.565.2

5.0731.18

9902,7471.15

2,1322,353

763

54165408

5 144

3, 4173,4858,1393,427

4,234

5 1, 1525 1, 382

1,6895 1, 149

51,870

74, 69825,048

4,2943,5402,468

11, 335

45.510, 951

Septem-ber

0.076.086160

74, 39268, 62744, 09335, 538

614.5

66, 76688, 864

8,81153, 274

55, 104

100.763.166.8

5.122

1,044

1.15

1,7972,156

763

431400

173

3,5774,0397,8874,025

4,139

1,1001,5321,4221,461

1,786

33, 56822, 210

3, 812J3,3152, 599

82268234

46.610, 836

1938

August

0.075.091163

70, 74871, 74346, 28335, 819

544.4

54, 49574, 682

9,32050, 821

50, 97524, 429

89.854.152.1

4.8511.16

1,2482,9761.50

2,3152,222

734

394360

159

3,4743,7358,6563,207

4, 079

1,0981,3061,5701,236

1,896

47, 76620, 657

5, 5964,2413,853

12, 110

44.510. 667

Septem-ber

0.074. .089

160

69, 80574, 48345, 76733, 410

615.0

66, 07975, 161

7,20247, 797

50, 46422, 786

92.754.066.9

5.0961.16

9242,8141.50

1,8762,173

728

385358

161

3,2553,7558,1283,810

3,957

1,0161,4021,3701,213

1,696

43, 61721, 004

4,8443,9144,561

82178229

10, 244

547.510, 593

PER CENT IN-CREASE (+) ORDECREASE (— )

Sep-tember,

1929,from

August,1929

+1.30.00.0

-1.9-0.8-2.5-2.2+1.7-8.2

-3.7+1.1

-8.4-10.8

+13.8

-1.2-3.7+2.5

+1.0

+5.5

0.0

-15.7-8.4

0.0

+3.6-2.0

+20.1

+4.7+15.9-3.1

+17.4

-2.2

-4.5+10.9-15.8+27.2

-4.5

-55.1-11.3

-11.2-6.4+5.3

+0.4-16.4

+2.4-1.1

Sep-tember,

1929,fromSep-

tember,1928

+2.7

o!o

+6.6-7.9-3.7+6.4

0.0-10.0

+1.0+18.2

+22.3+11.5

+9.2

+8.6+16.9-0.1

+0.5

+13.0

-23.3

-4.2-0.8+4.8

+11.9+11.7

+7.5

+9.9+7.6-3.0+5.6

+4.6

+8.3+9.3'+3.8

+20.4

+5.3

-23. 0+5.71

-21.3-15.3-43.0

+4.1+2.2

-1.9+2.3J

CUMULATIVE TOTALFROM JAN. 1

THROUGH SEPT. 30

1938

655, 447647, 337411, 043

566, 830

64, 913428, 335

8,989

19, 44418, 8834,061

3,3062,902

30, 56230, 488

30, 135

9,7769,785

9,699

225, 091505, 943

45, 29335, 202

7041,172

6 97, 755

1939

751, 786712, 063463, 790

697, 430

71, 377467, 537

12, 621

19, 48620, 2704,444

3,5063,200

31, 61731, 345

31, 897

10, 49710, 493

10, 950

249, 886513, 838

45, 94238, 300

686763

6 99, 105

Per ct.in-

crease(+)

or de-crease(-)

cumu-lative]

1929 jfrom!1928 -1

+14.7+10.0+12.8

+23.0

+10.5+9.2

+40.4

+0.2+7.3+9.4

+6.0+10.3

+3.5+2.8

+5.8

+7.4+7.2

+12.9

+11.0+1.6

+1.4+8.8

-2.6-34.9

+1.4

6 Revised 6 Cumulative through Aug. 31. 8 Quarter ending in month indicated.

Page 27: Survey of Current Business November 1929MONTHLY BUSINESS INDICATORS, 1923-1929 [Ratio charts—see explanations on inside front cover. The curves on check payments, wholesale trade,

25

TREND OF BUSINESS MOVEMENTS—Continued

The cumulatives shown are throughSeptember, except where otherwisenoted. Earlier data for items shownhere may be found on pages 27 to 138of the August, 1929, "Survey"

IRON AND STEEL

Iron

Manganese ore, imports thous. of long tons..Iron ore:

Imports thous of long tonsShipments from mines.thous. of long tons..

Keceipts:Lake Erie ports and

furnaces -thous. of long tons .Other ports thous. of long tons

Consumption thous. of long tons .Stocks, end of month:

Total ..thous. of long tonsAt furnaces _ thous. of long tons. _On Lake Erie docks. .. thous. of long tons_.

Pig-iron production:Total, United States.. -thous. of long tons..Merchant furnaces thous. of long tons..Canada -thous. of long tons

Furnaces in blast, end of month:Furnaces number..Capacity . -long tons per day..

Ohio gray-iron foundries:Meltings-

Actual . long tonsNormal. long tonsRatio to normal per cent of normal..

Stocks, end of month ..per cent of normal..Receipts.-. -per cent of normal..

Malleable castings:Production . short tonsOperating activity per ct. of capacity..Shioments short tons. _New orders . .. .short tons

Wholesale prices:Foundry, No. 2,

northern dolls, per long ton..Basic (valley furnace). .dolls, per long ton__Composite pig iron dolls, per long ton..

Cast-iron Boilers and Radiators

Round boilers:Production thous. of lbs__Shipments thous. of lbs_ _New orders thous. of IbsStocks, end of month thous. of lbs._

Square boilers:Production thous. of Ibs- .Shipments thous of IbsNew orders thous. of IbsStocks, end of month thous. of lbs_.

Radiators:Production ..thous. sq. ft. heating surf ace ..Shipments. -..thous. sq. ft. heating surface. _New orders .-thous. sq. ft. heating surface..Stocks, end of

month thous. sq. ft. heating surface. .Gas-fired boilers:

Shipments dollarsShipments thous. B. t. uProduction thous B t uStocks, end of month thous. B. t. u _ _

Crude Steel

Steel ingots, production:United States, total thous. of long tons..Ratio to capacity per cent..Canada thous of long tons

U. S. Steel Corporation:Unfilled orders,

end of month thous. of long tons..Earnings... thous. of dolls _

Steel castings:Production —

Total short tonsRatio to capacity ..per cent..Railroad specialties.. short tonsMiscellaneous short tons

New orders —Total __ short tonsRatio to capacity per cent-.Railroad specialties short tonsMiscellaneous. _. short tons

Sheets, black, blue, galvanized, andfull finished:

Production-Total ..net tons..Ratio to capacity .percent..

Stocks end of month —Total net tonsUnsold. net tons..

Shipments.. net tons..New orders net tons..Unfilled orders, end of month net tons..

1939

May

29

2769,549

6,7532,5275,980

19, 14615, 2753,871

3,89879381

219126, 150

23, 58820, 568114.6

118112

81, 70483.8

80, 53476, 927

20.2618.3819.27

11,2129,6829,143

89, 104

19, 41014, 94615, 034

181, 998

10, 6417,9008,178

74, 067

190, 295149, 555298, 794939,481

5,273100126

4,3045 25, 065

127, 18987

58, 63668, 553

113, 32978

44, 91968, 410

393, 430115.8

167, 86948, 334

392, 336279, 783713, 568

June

51

24410, 174

6,985• 2, 805

5,677

23, 70119,6194,082

3,71771790

218122, 590

21, 21419, 164110.6

131105

72, 28275.0

72, 37865, 247

20.2618.5019. 35

10, 57810, 1719,059

89, 437

16,11917, 45818, 421

179, 900

9,3649,2269,603

74, 189

285, 223213, 780271, 330

1, 197, 768

4,881100120!

4,25724, 029

116, 22l|80l

54, 15462, 067

95, 20165

34, 94760, 254 1

337, 841110.4

163, 60752, 274

347, 989307, 911676, 568i

July

48

30110, 671

7,5093,1275,808

28, 69724, 2454,452

3, 785746100

216121, 965

19, 50818, 535105.3

13199

70, 62573.5

69, 66561,401

20.2618.5018.31

« 8, 9975 13, 553s 14, 490s 84, 027

5 11, 5985 22, 927« 26, 039

« 169, 044

5 6, 7565 11, 7295 13, 621

5 69, 277

315, 698254, 856248, 993

1,115,865

4,83895

130

4,088

117, 18780

51, 98965, 198

102, 44370

37, 73164, 712

323, 90598.1

154, 85447, 103

344, 676337, 222658, 155

August

33

29810, 807

7, 5183,2845,779

33, 83128, 7205,111

3,756690

«120

210119, 130

18, 67017, 104109.1

120113

68, 65170.0

69, 24061, 982

20.2818.5019.18

« 12, 189s 15, 092s 13, 916s 81, 162

s 19, 014« 28, 7575 27, 242

« 159, 6615 10, 365s 13, 6655 14, 2675 65, 792

486, 659365, 280235, 877951, 598

4,92793

120'

3,658

« 120, 800583

s 51, 4005 69, 400

s 100, 500569

s 36, 500s 64, 000

366, 734109.7

143, 32334, 436

365, 649282, 107570, 613

Septem-ber

13

2479,547

6,6192,7105, 362

38,12532, 3605,765

3,467649106

205115, 190

20, 08119, 595102.5

130100

57, 38059.7

61, 49250, 464

20.2618. 5019.00

11,60218, 26316, 93674, 254

20, 76634, 67136, 481

145, 716

9,54514, 98015, 680

59, 794

549, 424459, 124306, 158885, 625

4,5119299

3,903

101, 80070

42, 50059, 300

83, 20057

32, 45050, 750

302, 49097.7

154, 92843, 886

301, 330274, 568522, 803

1938

August

26

2269,243

6,3902,8194,761

31, 75426, 0365,718

3,13757592

18398, 730

12, 93212, 497103.4

12999

68, 60672.1

66, 96266, 128

18.2616. 0017.78

12, 88114, 42212, 55186, 141

38, 69336, 21231, 809

182, 367

15, 91416, 95115, 753

77, 287

288, 954239, 048168, 547773, 337

4,17982891

3, 624|18, 597

87, 74260

27, 15760, 585

81, 28655

25, 17156, 115

329, 39692.8

154, 46151, 636

324, 691254, 397498, 023

Septem-ber

15

2118,748

5,8272,7104,608

35. 80829, 7086,100

3,06258591

197106, 755

14, 58616, 155

90 213190

62, 66566.3

61, 73661, 163

18.6416.1918.04

13, 65517, 02114, 50482, 931

26, 76041, 98936, 527

167, 063

13, 77018, 092|16, 533|

72, 902

395, 265322, 000 1169, 3761622,687|

!4,148

88100

3,69817, 418

75, 76151

25,31150, 450

82, 76256

35, 23447, 528

318, 907101.0

146, 83244, 5191

322, 876370, 936539, 960

PER CENT IN-CREASE (+) ORDECREASE (— )

Sep-tember,

1929,from

August,1929

-60.6

-17. 1-11.7

-12.0-17.5-7.2

+12.7+12.7+12.8

-7.7-5.9

-11.7

-2.4-3.3

+7.6+14. a-6.0+8.3

-11.5

-16.4-14.7-11.2-18.6

0.00.0

-0.9

-4.8+21. 0+21.7-8.5

+9.2+20.6+33.9-8.7

-7.9+9.6+9.9

-9.1

+12. 9+25.7+29.8-6.9

-8.4-1.1

-17.5

+6.7J

-15.7-15.71-17.3-14.6

-17.2-17.4-11.1-20.7

-17.51-10.9

+8.1+27.4-17.6-2.7-8.4

Sep-tember,

1929,fromSep-

tember,1928

-13.3

+17.1+9.1

+13.60.0

+16.4

+6.5+8.9-5.5

+13.2+10.9+16.5

+4.1+7.9

+37.7+21.3+13.6-0.8

+11.1

-8.4-10.0-0.4

-17.5

+8.7+14.3+5.3

-15.0+7.3

+16.8-10.5

-r22.4-17.4-0.1

-12.8

-30.7-17.2-,2

-18.0

+39.0+42.6+80.8+42.2

j

+8.8|+4.5-1.0

+5.5

+34.4+37.3+67.9+17.5

+0.5+1.8

7 0/. y+6.8

-5.1-3.3

+5.5-1.4-6.7

-26.0-3.211

CUMULATIVE TOTALFROM JAN. 1

THROUGH SEPT. 30

1938

147

1,85541,266

27, 34212, 32041, 904

27, 7925,612

746

142, 395140, 949

586, 435]

574, 010572, 264

113, 904110,298112, 527

270, 371! 221, 533

229, 584

129, 993105, 276112,945

1, 908, 5111, 547, 5251,440,404

36, 930

921

769, 416

284, 810484, 060

740, 308

284, 654455, 654

I2, 918, 126

2, 820, 6942, 780, 550

1939

259

2,31553, 264

36, 57514, 84049, 502

32, 6486,685

844

190, 173176, 105

664, 772

663, 695638, 336

100, 74699, 85392, 910

199, 919174, 656177, 654

99, 37286, 78291, 962

2, 575, 1562, 005, 3522, 277, 781

43, 242

1,087

1, Oil, 282

437, 670573, 612

1, 010, 077

446, 627563, 450

3, 181, 730

3, 180, 9793, 171, 980

Perct-in-

crease(+)

or de-crease(-)

cumu-lative1929from1928

+76.2

+24.8+29.1

+33.8+20.5+18.1

+17. 5+19.1+13.1

+33.6+24.9

+13.4

+15.6+11.5

-11.6-9.5

-17.4

-26.1-21.2-22.6

-23.6-17.6-18.6

+34.9+29.6+58.1

+17.1

+18.0

+31.4

+53.7+18.4

+36.4

+56.9+23.7

+9.0

+12.8+14.1

s Revised.

Page 28: Survey of Current Business November 1929MONTHLY BUSINESS INDICATORS, 1923-1929 [Ratio charts—see explanations on inside front cover. The curves on check payments, wholesale trade,

26

TREND OF BUSINESS MOVEMENTS—Continued

The cumulatives shown are throughSeptember, except where otherwisenoted. Earlier data for items shownhere may be found on pages 27 to 138of the August, 1929, "Survey"

IRON AND STEEL— Continued

Crude Steel— Continued

Steel barrels:Production barrels. _Ratio to capacity per cent

If Shipments barrels..P4 Stocks, end of month _ barrels***' Unfilled orders, end of month barrels..Track work, production short tonsIron, 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 tonStructural steel beams dolls per 100 IbsComposite finished steel-dolls, per 100 lbs_.

Fabricated Steel Products

Structural steel, fabricated:New orders (prorated) short tonsRatio to capacity per centShipments (prorated) _ short tonsRatio to capacity per cent

Steel plate, fabricated, new orders:Total short tonsRatio to capacity per centOil storage tanks short tons..

Steel bars, cold finished, shipments.. short tons..Steel boilers, new orders:

Quantity number __Area thous. of sq. ft_.

Steel furniture:Business group —

Shipments thous. of dolls . .New orders . thous. of dolls _ _Unfilled orders, end mo. thous. of dolls..

Shelving-Shipments - thous. of dollsNew orders thous. of dolls. .Unfilled orders, end mo.thous. of dolls..

Iron and steel:Exports long tons..Imports .long tons--

Enameled WareBaths:

Shipments -' pieces..Stocks end of month piecesNew orders pieces. .Unfilled orders, end of month. pieces..

Lavatories:Shipments pieces. .Stocks, end of month. _ _ .pieces _.New orders _ .. pieces. _

Sinks:Shipments pieces..Stocks end of month piecesNew orders. _ pieces..

Miscellaneous sanitary ware:Shipments _ .piecesStocks end of month piecesNew orders. pieces..

Small ware (all except baths) :Unfilled orders end of month pieces

Enameled sheet-metal ware:Shipments _ dozen pieces _ _

Machinery

Vacuum cleaners, shipments number--Water softeners, shipments unitsWater systems, shipments ._ units . .Pumps:

Domestic shipments-Pitcher, hands. units..Power, horizontal type units ._

Steam, power, and centrifugal-New orders thous. of dolls. .Shipments thous. of dolls .Unfilled orders, end mo.thous. of dolls. .

Agricultural machinery and equipment:Shipments-

Total rel to 1923-25Domestic rel to 1923-25Foreign rel to 1923 25

Production rel to 1923 25Foundry equipment:

New orders rel to 1922 ^4Shipments rel to 1922-24Unfilled orders, end of mo._rel. to 1922-24. .

Stokers, mechanical, sales:Quantity _ numberPower horseDower..

1929

May

836, 53272.0

834, 69956, 936

1, 215, 97216, 333

230373

36.0037.10

1.95j2.56

342, 65089

311, 85081

47, 76360

10, 08758, 768

1,7512,145

2,7842,8142,401

9891,121

897

261, 51654,445

94, 452197, 47289, 94449, 870

104, 471257, 245102, 187

108, 081313, 022111, 580

35, 616145, 27733, 781

174, 981

352, 885

116, 1921,444

12, 348

40, 9152,528

1,7721,8864,058

225.5223.9233.6182.5

177.7217.0323.8

17460. 772

June

774, 85361.8

779, 56752, 222

1, 548, 99914, 838

220397

35.2537.011.952.56

346, 50090

292, 60076

45, 91858

6,89051, 181

1,6851,823

2,5742,5222,320

920959934

247, 81146, 397

89, 388181, 67782, 34941, 644

101, 900246, 57592, 709

102, 709298, 73994, 446

42, 061142, 41141, 817

154, 243

337, 375

87, 9511,228

13, 031

39, 8982,989

2,0141,7154,364

240.1233.3275.3174.2

177.3172.7300.8

20367. 322

July

790, 17564.2

782, 41159, 986

1, 372, 69713, 844

223391

35.0036.721.952.56

350, 35091

304, 15079

48, 96862

14, 96349, 9105 2, 052« 2, 075

2,6252,5602,240

867939999

270, 53251, 275

99, 705162, 694119, 67061, 118

108, 077223, 657140, 109

114, 051273, 463138, 064

44, 762133, 26554, 131

214, 996

290, 532

62, 7501,177

12, 267

5 39, 5862,768

1,7781,8494,282

231.2224.9263. 8167.7

219.3182.1368.7

18C65. 197

August

806, 57465.2

809, 86056, 700

1, 205, 65914, 818

240320

35.0036.571.952.56

365, 75095

s 346, 500«90

6 39, 702651

5 11, 15046, 747

5 1, 859e 1, 781

2,4832,4182,171

890931

1,041

242, 85661, 547

101, 050152, 349116, 53274, 973

125, 920192, 213146, 983

120, 018254, 210142, 536

48, 554126, 62653, 402

259, 787

385, 162

92, 537« 1, 58114, 196

5 52, 4512,902

1,8191,9784,115

s 229. 3s 218. 4s 285. 75 156. 4

229. 5150.8441.1

19854. 929

Septem-ber

668, 22454.5

658, 58366, 341

1, 098, 65012, 962

298

35.0036.50

1.952.54

315, 70082

319, 55083

40, 43251

14, 99140, 889

1,9091,958

2,3232,2792,068

689732808

222,40846, 346

77, 374152, 10758, 57455, 984

96, 488172, 12472, 078

103, 121233, 48284, 040

37, 879122, 95129, 312

207, 826

1,48412, 600

48, 0392,262

1, 6281,7744,052

172.6153. 2272.0153.6

216.3176.8480.8

15244. 485

1938

August

677, 31357.8

675, 60057, 544

1, 064, 35811, 040

215282

32.0034.931.852.48

354, 20092

288, 75075

47, 24560

24, 80742, 993

2,0181,691

2,5652,6192,118

836863734

287,29754,062

103, 878122, 16796, 87668, 263

114, 070161, 276102, 140

116, 497216, 33896, 830

54, 00395, 95841, 692

174, 072

358, 811

65, 1641,402

11, 248

50, 6892, 531

1, 5791, 5203, 023

219.7187.5387.5146.1

278.0154.1467.2

16251. 572

Septem-ber

593, 25550.2

595, 64055, 059

996, 82010, 767

207257

32.0035.171.852.50

319, 55083

273, 35071

40, 28150

18, 57243, 893

1,7491,453

2,7542,6892,062

678800754

228,05647, 685

86, 342134, 74976, 07453, 303

94, 383168, 21189, 126

101, 777216, 25599, 749

44, 910103, 50944, 707

155, 483

352, 484

89, 2221,187

10, 200

42, 5382,017

1,4051,3693,056

179.2145.7354.0145.5

170.0129.7529.5

16165. 060

PER CENT IN-CREASE (+) ORDECREASE (— )

Sep-tember,

1929,from

August,1929

-17.2-16.4-18.7+17.0-8.9

-12.5

-6.9

0.0-0.2

0.0-0.8

-13.7-13.7-7.8-7.8

+1.80.0

+34.4-12.5

+2.7+9.9

-6.4-5.7-4.7

-22.6-21.4-22.4

-8.4-24.7

-23.4-0.2

-49.7-25.3

-23.4-10.5-51.0

-14.1-8.2

-41.0

-22.0-2.9

-45.1

20 0

-6.1-11.2

-8.4-22.1

-10.5-10.3-1.5

-24.7-29.9-4.8-1.8

-U.8

+17.5+9.C

-23. f-19. C

Sep-tember,

1929,fromSep-

tember,1928

+12.6+8.6

+10.6+20.5+10.2+20.4

+16.0

+9.4+3.8+5.4+1.6

-1.2-1.2

+16.9+16.9

+0.4+2.0

-19.3-6.8

+9.1+34.8

-15.6-15. 2+0.3

+1.6-8.5+7.2

-2.5-2.8

-10.4+12.9-23.0+5.0

+2.2+2.3

-19.1

+1.3+8.0

-15.7

-15.7+18.8-34.4

+33.7

+25.0+23.5

+12.9+12.1

+15.9+29.6+32.6

-3.6+5 1

-23.1+5.6

+27.2+36.3

—9 2

-5.6-31.6

CUMULATIVE TOTALFROM JAN. 1

THROUGH SEPT. 30

1928

5, 627; 004

5, 624, 451

110, 712

2,383

2, 541, 000

2, 252, 250

383, 968

171, 270367, 094

14, 86613, 417

25, 91326, 494

6,6366,938

2, 127, 431447, 362

895, 970

993, 702

1, 015, 145

1, 127, 717

1, 042, 491

1, 148, 750

433, 412

452, 034

1929

6,515,997

6, 496, 121

127, 061

3,109

2, 952, 950

2, 671, 900

412, 716

117, 258473, 370

14, 54515, 557

25, 41525, 310

8,4728,943

2, 327, 635434, 740

774, 396

806, 166

897, 497

946, 048

927, 640

981, 935

360, 739

377, 253

6 2, 770, 676 6 3, 097, 404

6 629, Oil1 6 765, 80412,63l| 12,61488, 600! 99, 179

427, 040! 412, 75019, 541 i 22,628

12, 782; 10, 19112, 643! 15, 609

Perct.in-

crease(+)

or de-crease(-)

cumu-lative

1929from1928

+15.8

+15.5

+14.8

+30.5

+16.0

+18.6

+7.5

-31.5+29.0

-2.2+15.9

-1.9-4.5

+27.7+28.9

+9.4-2.8

-13.6

-18.9

-11.6

-16.1

-11.0

-14.5

-16.8

-16.5

+11.8

+21.7-0.1

+11.9

-3.3+15.8

+26.7+23.5

i

---

1,17$401. 3K

i

i 1, 349 1 +15. 1i 457, 8321! +14.1

«Revised. 6 Cumulative through Aug. 31.

Page 29: Survey of Current Business November 1929MONTHLY BUSINESS INDICATORS, 1923-1929 [Ratio charts—see explanations on inside front cover. The curves on check payments, wholesale trade,

27

TREND OF BUSINESS MOVEMENTS—Continued

The cumulatives shown are throughSeptember, except where otherwisenoted. Earlier data for items shownhere may be found on pages 27 to 138of the August , 1929, "Survey"

IRON AND STEEL— ContinuedMachinery— Continued

Machine tools:Now orders rel to 1922-24Shipments rel to 1922 24Unfilled orders, end of mo._rel. to 1922-24.-

Electric hoists:New orders —

Quantity numberValue dollars

Shipments _ _ . dollarsElectric overhead cranes:

Shipments thous. of dollsNew orders thous of dollsUnfilled orders, end of ino__thous. of dolls. .

Woodworking machinery:New orders thous. of dolls. _Shipments thous. of dolls .Shipments number of machines..Cancellations _ . thous. of dolls .Unfilled orders, end of mo. .thous. of dolls..

Electric industrial trucks and tractors:Shipments, domestic-

Tractors number of vehiclesAll other types number of vehicles. .

Exports number of vehiclesFire-extinguishing equipments, shipments:

Motor vehicles nurnber..Hand types number

Patents issued:Total, all classes . numberAgricultural implements - number _ _Internal-combusion engines number. .

NONFEEEOUS METALSCopper

Production:Mines short tonsSmelter . short tonsRefined (N. and S. America) .. .short tons..

World production, blister. _ short tonsDomestic shipments, refined short tonsExports short tonsStocks (North and South America), end mo:

Refined short tonsBlister.- _ _ _ _ _ _ short tons

Wholesale price, electrolytic dolls per IbWire Cloth

Production _ thous. of sq. ft._Shipments _ __ thous. of sq. ft._Stocks, end of month -thous. of sq. f t_.New orders. _.. -thous. of sq. ft ._Unfilled orders, end of mo thous. of sq. ft..Make and hold orders, end

of month thous of sq ftTin

Deliveries (consumption) long tonsStocks, end of month:

World visible supply long tonsUnited States long tons

Imports _ long tonsWholesale price, Straits, N. Y dolls, per Ib

ZincRetorts in operation, end of month numberPer cent of total per centProduction short tonsStocks, end of month short tonsOre, Joplin district:

Shipments short tonsStocks, mines, end of month short tons

Price slab, prime western dolls per IbLead

Production short tonsOre shipments:

Joplin district _ .short tons..Utah ___ short tons

Receipts in U S. ore short tonsStocks, U.S. and Mexico, end mo short tonsPrice pig desilverized N Y dolls per Ib

Other Metal ProductsBabbitt metal, consumption:

Total apparent thous. of lbs._Direct by producers thous. of lbs__Sale to consumers __ thous. of Ibs

Band instruments, shipments:Total _ dollarsCup mouthpieces . _ _ dollarsSaxaphone dollarsWood wind dollars

Pails and tubs, galvanized:Production dozensShipments _ .dozens..

1929

May

334301721

541268, 043262, 641

1,1221,4574,786

1,6201,7861,231

402,406

28ll\118

54, 420

3,8616250

93, 392108, 961161, 784192, 58993, 74336, 949

70, 412262, 229

.1778

536518

1,120262495

618

8,480

24, 7653,4648,902.4392

73, 23161.1

56, 95833, 826

37, 96140, 957.0662

62, 119

8,42496, 68858, 140

162, 255.0700

5,4791,2304,249

5 275, 2345 120, 0036 126, 384

28, 847

176, 622150, 501.

June

292296722

600283, 170269, 978

1,0911,1895,047

1,6781,6121,056

272,445

17168

16

12051, 929

3, 5915139

82, 35495, 339

156, 447174, 58695, 25840, 852

83, 140251, 489

.1778

456404

1,084244249

568

7,455

23, 7513,8207,150.4426

72, 08760.2

52, 95336,932

60, 11947, 458.0669

57, 579

8, 49176, 00353, 542

173, 612.0700

5,9281,1074,821

5 263, 237s 119, 0455 112, 249

31, 943

98, 857104, 762

July

259278694

504249, 44729, 0141

1,1461,1575,118

1,6911,7671,232

182,369

18145

13262, 266

4,0545392

79,22994, 690

153,513174, 34798,72033, 876

97, 729239, 470

.1778

438461

1,049345405

507

6,855

23, 7893,0875,521.4640

72, 32960.1

54, 44144, 142

48, 99539, 813.0677

56, 924

5,37366, 08354, 865

173, 549.0680

5,3611,3134,048

5 228, 2265 89, 130

5 107, 97631, 120

105, 454109, 841

August

298277693

437264, 888339, 881

1,0601,1655,193

1,7481,9741,386

252,130

15129

10

1156 63, 806

3,5335155

78,88591, 735

148, 6485 174, 329

96, 97036,811

104, 372241, 678

.1778

498434978302211

480

7,185

26, 4002,8589,737.4665

58, 80049.2

55, 29047, 833

63, 12742, 876.0680

s 53, 316

7,80892, 66854, 365

175, 641.0675

5,4331,4353,997

269, 807117,562119, 92332 322

107, 004108, 461

Septem-ber

241257709

423230, 543281, 439

1,048701

4,878

1,2971,5551,129

151,829

21133

7

12551, 197

3,0815144

78, 66992, 538

134, 343174, 85398, 04342, 978

94, 751252, 685

.1778

373394928333242

435

8,120

24, 5562,4797,712.4538

68, 82857.4

53, 28553, 363

45, 08443, 832.0680

56, 879

7,46175,927

.0689

5,2251,3373,888

1938

August

241208428

402180, 365193, 248

56482]

1,952

1,6411,4361,170

62,058

856

12547, 490

3,3902943

76, 95288, 517

143, 560161, 83883, 39841, 186

54, 793238, 923

.1453

430387

1,120408285

457

7,200

18, 4561,7186,584.4808

66, 42857.4

52, 15744, 416

43, 46639, 303.0625

53, 403

6, 12578, 81153, 575

156, 976.0625

4,756939

3,817

8 268, 4535 115,9915 135, 278

17, 184

127, 797142, 487

Septem-ber

265205441

447228, 510172, 986

464713

2,188

1,6391,4131,050

262,265

11102

5

14342,193

3,0394042

78, 34185, 795

137,018157, 51888, 70736, 190

51,812239, 142

.1472

403423

1,099412320

453

6,885

19, 9243,5088,187.4807

61,96553.4

49, 36147, 915

41, 42948, 474.0625

55, 167

9,32665, 35351, 978

155, 482.0645

5,308999

4,309

5 379, 3578 150, 8725 185, 522

42, 963

150, 845139, 183

PER CENT IN-CREASE (+) ORDECREASE (— )

Sep-tember,

1929,from

August,1929

-19.1-7.2+2.3

-3.2-13.0-17.2

-1.1-39.8-6.0

-25.8-21.2-18.5-40.0-14.1

+40.0+3.1

-30.0

+8.7-19.8

-12.80.0

-20.0

-0.3+0.9-9.6+0.3+1.1

+16.8

-9.2+4.6

0.0

-25.1-9.2-5.1

+10.3+14.7

-9.4

+13.0

-7.0-13.3-20.8-2.7

+17.1+16.7

+11.6

-28.6+2.2

0.0

+6.7

-4.4-18.1

+2.1

-3.8-6.8-2.7

Sep-tember,

1929,fromSep-

tember,1928

-9.1+25.4+60.8

-5.4+0.9

+62.7

+125. 9-1.7

+123. 0

-20.9+10.0+7.5

-42.3-19.2

+90.9+30.4+40.0

-12.6+21.3

+1.4+27.5+4.8

+0.4+7.9-2.0

+11.0+10.5+18.8

+82.9+5.7

+20.8

-7.4-6.9

-15.6-19.2-24.4

-4.0

+17.9

+23.2-29.3-5.8-5.6

+11.1+7 5+7.9

+11.4

+8.8-9.6+8.8

+3.1

-20.0+16.2

+6 8

-1.6+33.8-9.8

CUMULATIVE TOTALFROM JAN. 1

THROUGH SEPT. 30

1928

3,8431, 790, 8161, 633, 428

4,9965,539

12, 72111,6958,910

227

82863102

950424, 639

31, 249364456

651,612752, 851

1, 175, 2971, 376, 795

698, 378421, 212

3,9123,681

3,459

58, 090

58, 416

468, 485

427, 663

477, 766

68, 693622, 997

6 421, 136

43, 2659,036

34, 228

6 2, 361, 3156 905, 631

6 1, 262, 7246 192, 960

6 1, 246, 2526 1, 265, 868

1929

4,8912, 428, 2332, 338, 978

8,42611,338

15, 44415, 29410, 634

291

1391,355

92

99J490, 601

32, 706460483

772, 189897, 214

1, 375, 4381, 626, 189

886, 551383, 472

4,1553,808

3,691

70, 260

72, 118

480,914

481, 938

515, 452

77, 527727, 761

6 440, 393

51, 75111, 19940, 553

62,182,9746 897, 224

e 1, 017, 2796268,471

61,166,4696 1, 193, 361

Per ct.in-

crease(+)

or de-crease(-)

cumu-lative1929from1928

+27.3+35.6+43.2

+68.7+104. 7

+21.4+30.8+19.3+28.2

+69.5+57.0—9.8

+4.3+15.5

+4.7+26.4+5.9

+18.5+19.2+17.0+18.1+26.9-9.0

+6.2+3.5

+6.7

+21.0

+23.5

+2.7

+12.7

+7.9

+12.9+16.8+4.6

+19.6+23.9+18.5

-7.6-0.9

-19.4+39.1

-6.4-5.7

• Revised. • Cumulative through Aug. 31.

Page 30: Survey of Current Business November 1929MONTHLY BUSINESS INDICATORS, 1923-1929 [Ratio charts—see explanations on inside front cover. The curves on check payments, wholesale trade,

28

TREND OF BUSINESS MOVEMENTS—Continued

The cumulatives shown are throughSeptember, except where otherwisenoted. Earlier data for items shownhere may be found on pages 27 to 138of the August, 1929, "Survey"

1VOJYFERROUS ;METALS— ContinuedOther Metal Products— Continued

Other galvanized ware:

Shipments.. .""""""""IlHIIdozens"Electrical porcelain, shipments:

Standard dollarsSpecial. dollars..

Glazed nail knobs thous of piecesUnglazed nail knobs thous. of pieces..Tubes thous of pieces

Laminated phenolic products,shipments. ._ dollars

Motors:New orders.. dollars..

Power switching equipment i"New orders —

indoor dollarsOutdoor dollars"

Outlet boxes and covers, shipments niecesVulcanized fiber:

Shipments, total. thous. of dollsConsumption thous of Ibs

Industrial reflectors sales units""Power cables, shipments. . thous of ftFlexible cords:

Shipments thon^ of ftStocks, end of month thous of ft"

Welding sets, new orders:Single operator unitsMultiple operator units"

Panel boards and cabinets, shipments"(dUarterlv) thnna nf rlnllo

Nonmetallic conduits shipments thous of ftElectric furnaces, new orders " kilowatts"Manufactured mica:

, Shipments .thous. of dolls..Unfilled orders, end of mo.thous. of dolls..

Delinquent accounts, electrical trade:

.Delinquent firms number

AUTOMOBILESProduction:

United States-Total. _ number of carsPassenger cars... number of carsTaxicabs number of cars..-Trucks number of cars

Canada-Total number of carsPassenger cars number of carsTrucks number of cars

Exports (assembled):From United States-

Total number of cars..Passenger cars number of oarsTrucks number of cars..

From Canada—-Total number of carsPassenger cars... number of cars .Trucks number of cars

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 192^Service parts rel to Jan ' 1925~"

Rim production "."""."...thous. of rimsllNew passenger-car registrations:

Total.. number of cars..Highest price group number of cars..Second highest group number of carsThird highest group ..number of cars..Lowest price group number of carsMiscellaneous number of cars

FUELS_ . . Coal and CokeBituminous:

Production-United States thous. of short tons..Canada thous of short tons

Exports. thous of long tonsConsumption —

By vessels thous of Ion01 tonsBy electric power

plants thous of short tonsBy railroads thous. of short tons..

By coke plants-United States thous. of short tons..Canada thous. of short tons

1939

May

43, 37038, 597

110,326159, 785679, 579

4,1603,2022,025

1, 477, 523

854, 3491, 038, 218

246, 171460, 749

2, 931, 583

8273,693

153, 7161,986

48, 32455, 771

3878

7 1, 2888,2426,562

303302

189, 0671,285

8 604, 078516, 055

1,318« 86, 705

31, 55925, 1296,430

39, 91328, 41711, 496

9,5615,7273,834

220, 277214, 870

27816991

2002,574

453, 98114, 97767, 815

103, 859266, 891

439

40, 1721,3881,402

338

3,3707,630

7,6581 318

June

.37,47935, 334

101, 013m, 704667, 099

3,7941,9981,746

1, 456, 335

1, 098, 864883, 821

133, 418598, 645

2, 114, 582:,. m-814

3,470130, 413

2, 112

40, 58866, 831

2969

8 1, 1926,6846,237

252294

168, 7241, 223

8 545, 3538 452, 598

1,378591,377

21, 49216, 5114,981

50, 97634, 10616, 870

8,2195, 3462,873

200, 754194, 705

23115090

1862, 184

386, 44111, 44757, 91585, 913

230, 801365

38, 0731,3481,721

314

3,4037,071

7,442308

July

42, 38444, 117

139, 240168, 066632, 172

8,3012,4263, 330

1, 732, 023

811, 575854, 986

208, 495520, 058

2, 587, 786

8783,489

124, 4662,366

45, 11458, 486

2825

7,3206,932

254326

148, 1661,027

5 500, 3878 426, 137

1,0548 73, 196

17, 46113, 6003, 861

55, 54529, 08226, 463

7,3194,7322,587

189, 428181, 851

20515292

1701,897

432, 60911, 24064, 76887, 685

267, 8781,038

40, 6351,2901,735

351

3,5987,155

7,588317

August

53, 25054, 860

97, 631165, 385

2,7941,9681, 870

1, 915, 381

1, 082, 845853, 961

169, 384605, 273

2, 719, 688

1,0293,808

157, 4732,411

50, 53857, 202

2967

6,3645,114

274275

174, 4381,176

8 498, 361& 441, 942

8 1, 0408 55, 379

14,21411, 0373,177

42, 82922, 12320, 706

7,6294,9012,728

168, 185173, 884

19316988

1701,570

378, 88212, 32667, 17766, 834

230, 023522

43, 8891,3441,441

339

3,8667,500

7, 571315

Septem-ber

135, 487171, 668

4,1462,2501,729

_

2,676

4,105

263235

128, 0591,117

415, 332384, 786

86549, 681

13, 81710, 7103,107

33, 91920, 93412, 985

6,6414,2932,348

146, 483145, 171

18617384

1472, 110

304, 35911, 46352, 32552, 424

187, 846301

44, 515

1, 631!; 347

!7, 153

1928

iiI

August

37, 84644, 377

111, 803129, 813649, 599

4, 328! 2, 401! 2, 542

1 1,356,179

920, 083894, 690

148, 158! 413, 435i 3,049,567

5912,805

122, 1242,138

51, 06247, 351

228

6,9606, 493

283290

165, 1381, 367

461, 298400, 124

i 469| 60, 705

! 31, 24524, 274

6, 971

! 49, 007: 32, 815i 16, 192

11,0117, 985

, 3, 026

i 186, 653| 187, 463

230176147148

2,319

329, 67411,48276, 537

i 80, 114160, 596

945

!5 41, 774

1, 5521,618

356

3, 4385 7, 409

6,194269

Septem-ber

55, 85050, 606

112, 210129, 587493, 067

4,2132,7962, 694

1, 243, 476

957, 093781, 472

118,301231, 502

2, 915, 560

5682,362

126, 15112,197

43, 85444, 193

2347

8 1 3577,3764,226

247285

s 140, 6375 1, 220

415, 314358, 615

27656, 423

21, 19316, 5724,621

30, 55922, 4948,065

8,6706,2792,391

167, 460148, 784

218185122140

2,316

5 271, 82111, 600

5 60, 4755 64, 326

5 134, 6885732

s 41, 9718 1,412

1,577

313

8 3, 4187,627

6,180270

PER CENT IN-CREASE (+) ORDECREASE (— )

Sep-tember,

1929,from

August,1929

+38.8+3.8

+48.4+14.3-7.5

+11.0

-19.7

4 0-14.5

-26.6-5.0

-16.7-17.5-16.8-10.3

-2.8-3.0-2.2

-20.8-5.4

-37.3

-13.0-12.4-13.9

-12.9-16.5

-3.6+2.4

4 5-13.5+34.4

-19.2-7.0

-22. 1-21. 6-18.3-42. 3

+1.4

Sep-tember,

1929,fromSep-

tember,1928

+20.7+32.5

-1.6-19.5-35.8

" I+21. 8

j-2.9

+6.5-17.5

-8.9-8.4

0.01+1.7

+213. 4-11. 9|

!-34.8-35.4-32.8

+11.0-6.9

+61.0

-23.4-31.6-1.8

-12.5-2.4

14 7fi ^

-31.1+5.0-8.9

+12.0-1.2

-13.5-18.5+39.5-58.9

+6.1

+13.2! +3.4

+2.4 +10.91j

-5. 5 +15.7

CUMULATIVE TOTALFROM JAN. 1

THROUGH SEPT. 30

1928

6 333, 5146 318, 640

718, 6341, 127, 984

26, 69714, 66314, 929

« 7, 471, 634

6 6, 384, 3776 6, 020, 178

e 1, 163, 8576 3, 201, 815

821,900,267

6 5, 0716 22, 063

8 965, 64417, 101

6 320, 154

6 1, 7906118

6 60, 88744, 133

3, 470, 2193, 059, 938

4,318405, 963

202, 652168, 83733, 815

384, 574288, 49396, 081

54, 61439, 86014, 754

1, 606, 9021, 576, 708

19, 815

2, 482, 021101,011529, 917723, 105

1, 117, 33910, 649

358, 698e 11, 162

10, 235

2,866

6 26, 4986 60, 679

55, 9861 6 2, 069

1929

6 383, 4366 358, 314

1, 042, 5831,444,120

38, 81321, 88716, 804

611,910,629

6 7, 797, 9316 6, 761, 202

6 1, 403, 9866 3, 802, 728

621,489. -'-95

« 6, 714o 27, 110

6 1, 114, 10419, 531

6 377, 599

6 2, 684658

6 54, 35973, 571

2,547

4, 637,47L4, 005, 177

13, 592!618, 702

233, 853186, 96046, 893

456, 724293, 782162, 942

81, 30352, 69128, 612

1, 675, 9641, 581, 960

Perct.in-

crease(-yor de-crease(-)

cumu-lative

1929from

__1928

+15.0+12.5

+45.1+28.0

+45.4+49.3+12.6

+59.4

+22.1+ 12.3

+20.6+18.8

-1.9

+32.4+22.8+15.4+14.2

+17.9

+49.9-50.8

-10.7+66.7

+33.6+30.9

+214. 8+52.4

+15.4+10.7+38.7

+18.8+1.8

! +69.6

+48.9+32.2+93.9

+4.3+0.3

l i

i |19, 778

3, 269, 051102, 404513, 477,692, 736 i

1, 955, 7451

4,689

382, 246o 11, 281

11, 575

2,765

6 29, 0876 61, 801

65, 6686 2, 458

i -0.2

+31.7i +1-4

-3.1-4.2

+75.0-56.0

|+6.6

i +1.1I +13. 1

-3.5

+9.8+1.8

i +17.3i +18.8

5 Revised. 6 Cumulative through Aug. 31. ? Quarter ending Mar. 31, 1929. 8 Quarter ending in month indicated.

Page 31: Survey of Current Business November 1929MONTHLY BUSINESS INDICATORS, 1923-1929 [Ratio charts—see explanations on inside front cover. The curves on check payments, wholesale trade,

29

TREND OF BUSINESS MOVEMENTS—Continued

The cumulatives shown are throughSeptember, except where otherwisenoted. Earlier data for items shownhere may he found on pages 27 to 138of the August, 1929, "Survey"

FUELS— ContinuedCoal and Coke— Continued

Bituminous — C ontinued.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 long tons..Prices —

Wholesale, comp_. .dolls, per long ton__Retail composite dolls per short ton

Coke:Production, U. S. —

Beehive thous. of short tonsBy-product .thous. of short tons..

Production, Canada. -thous. of shon tons..Exports -thous. of long tons. .Price, furnace,

Connellsville dolls per short tonPetroleum

Crude petroleum:Production thous. of bblsStocks at end of month-

Total (comparable) thous of bblsTank farms and pipe

lines thous of bblsRefineries thous. of bbls..

California-Light thous of bblsHeavy thous. of bbls

Imports thous. of bbls..Consumption (run to stills) -thous. of bbls..Refinery operation per ct. of capacity. _Price, Kansas-Oklahoma dolls. perbbl..Oil wells completed number--Mexico—

Exports thous of bblsVenezuela— _

Production thous of bblsExports thous of bbls

Gasoline:Production-

Raw (at refineries) thous. of bbls. _Natural gas (at plants) _. thous. of bbls_-

Exports thous of bblsConsumption thous of bblsStocks, end of month —

Raw (at refineries) thous. of bbls._Natural gas ('at plants) __thous. of bbls__

Retail distributional States_thous. of gals. _Prices-

Wholesale, New York dolls, per galRetail, wagon, 50 cities. -dolls, per gal--

Kerosene:Production thous of bblsExports thous. of bblsConsumption thous. of bbls..Stocks at refineries end mo thous of bblsRetail distribution. 13 States thous of bblsPrice, 150° water white dolls, per gal..

Gas and fuel oils:Production ._ thous. of bbls..Consumption—

By vessels thous. of bblsBy electric pow. plants.thous. of bbls__By railroads thous. of bbls_.

Stocks at refineries, erd mo thous of bblsPrice Okla 24 26 refineries dolls per bbl

Lubricating oil:Production thous. of bbls__Consumption thous of bblsStocks 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 tonsImports thous. of short tons

Coke:Production thous. of short tonsStocks, end of month. thous. of short tons..

Wax:Production thous. of IbsStocks, end of month thous. of lbs__

RUBBERCrude Rubber

World shipments, plantation long tonsImports (including latex) long tonsConsumption by tire mfrs thous. of lbs._Consumption (quarterly):

Total long tonsFor tires long tons..

1939

May

1.683.9088.52

6,308246

12. 53914.40

5974,664

23183

2.80

84, 415

379, 542

330, 98448, 558

29, 934102, 177

7, 55284, 420

811, 1581,191

3,6352,923

12, 03810, 275

36, 2704,3435, 203

34, 117

44, 6481,391

934, 284

.190

.157

4,9021, 4543,2007,742

34, 388.080

38, 570

4,704600

4,25935, 636

.631

3,0052, 3228, 370.405

315236

4

142471

53, 783179, 139

66, 34551, 18666, 028

Jane

1.673.9058.50

5,069189

12. 62814.48

6024,510

22192

2.80

83, 403

379, 089

331, 78647, 303

32, 667103, 660

6,59184, 400

831,3001,316

3,6482,961

12, 10110, 564

35, 6064, 2505, 65S

33, 163

41, 9911,357

944, 989

,190.160

4,9281,7612,5478, 348

31, 266.074

37, 338

4, 544616

4,17037, 332

.675

2,9282, 4468, 869.400

327247

13

154498

52, 714188, 764

61, 39041, 82856, 851

8 128, 1498 111, 068

July

1.673.9068.62

4,993203

12. 75414.63

6004,614

22584

2.80

91, 327

383, 343

335, 23248, 111

34, 430105, 646

6,12285, 919

811,3001,420

3,9062,483

10, 79310, 731

37, 8554,4175,925

36, 860

37, 8801,156

5 1, 025, 073

.190

.158

4,4061, 2812, 6848,797

35,213.069

37, 980

4,593702

4,47740. 075

695

2,9362,1677, 524.388

386243

3

158564

46, 171191, 298

71, 56244, 33852, 249

August

5 1.773.9138.69

5,954222

12. 84814.67

55624, 643

22786

2.76

92, 288

386, 677

339, 67946, 998

37, 685108, 362

5,80086, 733

811,3001,671

4,0912,511

11, 39410, 897

38, 5104, 5075, 491

37, 759

33, 783893

1,008,569

.188

. 15 \

5, 1112, 0343,1898, 689

.068

39,011

4,734785

4,32639, 316

3,1432,2687,478.238

379247

18

169608

53, 377190, 878

70, 53237, 851

Septem-ber

j

1.823. 930:

8.87ii

6, 792323

12. 92414.87

5074,413

98

2.70

87, 269

386, 662

341, 55745, 105|

40,433110, 010 1

6,953!84,099|

801,3001,440!

11,33810, 146

37, 1524,5744,233

34, 193

33, 222G61

.166

4, 6671,1013,3878,864

.070

37, 468

4,424

40, 646

O pf jO

2, 0547,589.869

365231

. 11

161649

44, 513183, 714

34, 814

1928

August

1.744.0098.74

6,759278

12. 85314.76

2953,995

19170

2.88

77, 807

368, 707

326, 29042, 417

18, 31095, 0576,141

81, 58183

1,2101,233

4,0472,212

9,0318,933

33, 9373) 4384,452

33, 173

27, 075414

983, 898

.180

.160

5, 3391,6533,2468,887

38, 048.072

37,517

4, 5641 614

5 4, 08439, 236

650

2,8912,0357, 711.229

316247

13

136402

54, 42979, 622

58, 34531, 20462, 224

Septem-ber

1.814.0198.84

« 5, 927265

13. 04014.93

53223, 959

19477

2.88

5 76, 474

5 366, 720

5 328, 123° 40, 597

16, 87096, 5835 7, 140

e 79, 89484

1,210s 1, 185

3, 7162,244

9,4788,615

5 33, 670s 3, 488

4,6765 29, 766

5 26, 378436

919, 055

.180

.163

s 4, 9602,068

5 3, 1645 8, 59339, 713

.086

s 37, 104

4, 053612

4,36339, 900

650

2, 8335 1, 995

7,742.236

306203

4

119402

50, 428s 85, 417

48, 33839, 83855, 351

8 108, 167s 93, 173

PER CENT IN- iCREASE (+) ORDECREASE (— )

Sep-tember,

1929,from

August,1929

+2.8+0.4+2.1

+14.1+45.5

+0.6+1.4

-9.9-5.0

+14. 0

-2.2

-5.4

0.0

+0.6-4.0

+7.3+1. 5

+19.9-3.0

1 20.0

-13.8

-0.5-6.9

-3.5+1- 5

-22. 9-9.4

-1.7-26.0

-11.7

-8.7-45.9+6.2+2.0

+2 9

-4,0

| -6.5

+3.4

-9.3-9.4+1 5

+55.0

-3.7-6.5

-38.9

3?

-16.6-3.8

-8.0

I -.

Sep-tember,

1929, ;

from :Sep-

tember,1928

+0.5—2 2+0.3

+14.6+21.9

-0.9-0.4

+57.5+11.5

+27.0

-6.3

+14.1

+5.4

+4.7+11.1

+139. 7+13.0-2.6+5.3-4.8+7.4

+21.5

+19.6+17.8

+10.3+31. 1-9.5

+14.9

+25. 9+57. 6

-7.8

-5.9-46.8+7.0+3.2

— 18 6

+1.0

+9.2

+1.9

+0.7+3.0—2 0

+56.4

+19.3+13.8

+175. 0

+35.3+61.4

-11.7+115. 1

-12.6

CUMULATIVE TOTALFROM JAN. 1

THROUGH SEPT. 30

1938

53, 5122,010

3,16735, 5366 1,486

661

666, 097

59, 350676, 963

9, 063

6 35 0526 24, 640

74, 01871, 664

275, 53130, 89739, 414

245, 276

66,393,924

44, 50516, 78726, 802

316, 844

38, 245

6 32, 157

25, 93617, 553

2,564

69

1,037

464, 248

6 375, 706312, 441

1929

54, 6082,066

4,78640, 3646 1, 775

770

758, 999

62, 727737, 594

11,610

6 28, 9556 18, 300

101, 55690, 726

320, 09538, 39843, 944

280, 984

Perct.in-

crease(+)

or de-crease(-)

cumu-lative1929from1928

+2.0+2.8

+51.1+13.6+19.4+16.5

+13.9

+5.7+9.0

+28.1

-17.4-25.7

+37.2+26.6

+16. 2+24.3+11.5+14.6

16 6, 818, 715

42, 09814, 60127, 614

336, 525

39, 5286 34, 716

26, 154+18, 552

2,679

•77

1,309

473, 818

6 568, 508438, 229

+6.6

-5.4-13.0+3.0

+6.2

+3.4

+8.0

+0.8+5.7

' +4.5

+11.6

+26.2

+2.1

+51.3| +40.3

s Revised. 6 Cumulative through Aug. 31. s Quarter ending in month indicated.

Page 32: Survey of Current Business November 1929MONTHLY BUSINESS INDICATORS, 1923-1929 [Ratio charts—see explanations on inside front cover. The curves on check payments, wholesale trade,

30

TREND OF BUSINESS MOVEMENTS—Continued

The cumulatives shown are throughSeptember, except where otherwisenoted. Earlier data for items shownhere may be found on pages 27 to 138of the August, 1929, "Survey"

RUBBER— ContinuedCrude Rubber— Continued

Stocks, end of quarter:Total . long tons..Manufactures long tonsDealers _ . _ ... long tons..Afloat long tons

World stocks, end of month:World total long tons.."United States . long tonsEurope long tons _Producing countries long tonsAfloat . long tons.

Wholesale price, smoked sheets,New York__ dolls, per pound..

Tires and TubesPneumatic tires:

Production . thousands __Stocks, end of month thousands..Shipments-

Domestic thousandsExport . thousands-

Inner tubes:Production thousands.Stocks, end of month _ _ _. thousands. _Shipments-

Domestic thousandsExport _ thousands

Solid and cushion:Production thousandsStocks, end of month ..thousands..Shipments-

Domestic _ thousands __Exports thousands

Other Rubber ProductsReclaimed rubber (quarterly):«...j Production long tons^ Stocks end of quarter long tonsScrap rubber (quarterly) :

Stocks at reclaimers long tons..Consumption by reclaimers long tons

Rubber-proofed fabrics, production:Total thous. of yds

,' Auto fabrics.. thous. of yds..< ;•] All other. ..thous. of yds..

Raincoat fabrics thous of ydsRubber heels:

Production thous. of pairsShipments —

To shoe manufacturers thous. of pairsTo repair trade thous of pairsFor export thous. of pairs

Stocks, end of month thous. of pairsRubber soles:

Production thous. of pairsShipments —

To shoe manufacturers.thous. of pairs..To repair trade thous of pairsFor export thous. of pairs

Stocks end of month thous of pairsMechanical rubber goods:

Shipments —Total thous. of dollsBelting thous. of dollsHose thous of dollsAll other thous. of dolls

Rubber bands, shipments thous. of lbs_.Rubber flooring, shipments thous. of sq. ft._Calendered rubber clothing:

Production no coats and sundriesNet orders no. coats and sundries

HIDES AND LEATHERHides

Imports:Total hides and skins thous. of lbs__Calfskins thous. of lbs__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 IbsSheep and lamb skins thous of Ibs

Prices:Green salted, packers' heavy

native steers dolls, per lb_.Calfskins, country, No. 1 dolls, per lb__

Inspected slaughter of livestock:United States-

Cattle thous. of animalsCalves . thous. of animalsSwine... ..thous. of animals..Sheep thous. of animals..

1939

May

252, 86797, 19237, 14335, 24283, 290

.214

6,10913, 386

5,185204

5,74514, 196

5,146133

40135

403

4,860919

1,5542,387

19, 541

12, 5527,6041,054

44, 969

2,916

2,36163532

3,997

7,1881,7982,6432,748

205733

100, 70678, 972

38, 6435,096

14,1229,8826,301

246, 330201, 17626, 06819, 086

.149

.179

676427

3,7981,202

June

8 95, 5198 70, 5988 24, 924' 42, 719

245, 55392, 06237, 13536, 33680, 020

.206

5,47813, 468

5, 288153

5,23414, 056

5,11598

40133

383

8 57, 7608 16, 446

8 61, 4298 74, 292

4,4091,1991,2621,948

20, 007

12, 2628,256

92644, 581

2,502

2,18552217

3,843

6,7921,6132,6582,521

187525

87, 53098, 444

41, 5096,559

17, 4508,3096,824

250, 025196, 20232, 52521, 298

.168

.186

636344

3,7561,108

July

255, 24795, 53237, 16839, 13183, 412

.213

4,85611, 872

5,891168

4,63414, 055

5,99391

39129

392

4,2601,1881,2081,864

19, 315

13, 7856,337

79444, 243

1,295

1,27216370

2,895

6,3061,6452,3552,305

192566

89, 87160, 921

49, 9105,636

24, 2599,3616, 849

248, 549194, 45330, 95123,145

.181

.199

706363

3,5971,255

August

259, 68390, 76944, 79536, 80287, 217

.206

4,16710, 394

5,544175

4,42810, 338

6,113110

33120

412

Septem-ber

84, 362

.202

3,5579,635

4,343158

4,1139,923

4,624117

27113

352

i

5,0851,3491,3172,419

23,095

14, 9428,0251,098

43, 960

2,948

2,54851778

3,319

6,7921,9402,1962,656

196598

96, 28137, 906

47, 9564,900

28, 1377,6924,405

253, 415202, 56428, 14122, 710

.188

.198

726388

3,1301,298

1,120

189630

51, 9033,178

^9,1328,8937,336

.196

.204

753365

3,1041,317

1938

August

201, 07868, 99535, 75521, 82874, 500

.193

5,6077,539

6, 131179

6,26410, 466

6,886132

52149

495

4,613764

1,2512,598

21, 289

11, 6429,244

72949, 511

3,461

2,20991746

5,633

6,3061,8882,0682,360

193583

74, 50964, 695

47, 0564,053

26, 5407,9516,773

243, 591197, 08625, 75820, 747

.236

.275

717369

2,5451,196

Septem-ber

8 68, 7298 54, 428!8 14, 3018 43, 492

198, 48168, 85135, 243;17, 68776, 700

.182

d, 1017,324

5,191168 1

5,32710, 158

5, 245j121

43151 j

42|2^

j

8 52, 823 '8 14, 963 j

8 61, 0168 66, 298

4, 966780

1,0073, 179

21, 451

9,2079, 199

87549, 751

2,725

1,703893 !

295,501

5,393!

1, 4121, 7312, 250

186754

92, 588108, 156

34, 4482,707

18, 5046,7284,902

249, 272203, 227

24, 05921, 986

.246

.275

764352

2,5081,307

PEE CENT IN-CREASE (+) OBDECREASE (— )

Sep-tember,

1929,from

August,1929

-1.9

-19.6-7.3

-21.7-9.7

-7.1-4.0

-24.4+6.4

-18.2-5.8

-14.60.0

-17.0

-3.6+5.4

+8.2-35.1+3.5

+15.6+66.5

+4.3+3.0

+3.7-5.9-0.8+1.5

Sep-tember,

1929,fromSep-

tember,1928

+11.0

-30.3+31.6

-16.3-6.0

-22.8-2.3

-11.8+3.3

-37.2-25.2

-16.70.0

+43.6

+1.6-16.4

+50.7+17.4+57.4+32.2+49.7

-20.3-25.8

-1.4+3.7

+23.8+0.8

CUMULATIVE TOTALFROM JAN. 1

THROUGH SEPT. 30

1938

44, 284

42, 9451,380

46, 892

45, 352896

399

373

e 24, 0687,214

6 6, 6216 11, 013

6 157, 290

6 82, 0856 61, 845

6 6, 842(6)

6 27, 203

6 15, 4846 7, 4496 1, 889

6 47, 4026 11, 6986 18, 041e 17, 702

1,7195,260

6 819, 7516 525, 400

414, 82034, 041

234, 37770, 46250, 847

6,2373,556

35, 7649,836

1939

45, 945

44, 7681,774

45, 445

46, 1861,169

309

333

6 32, 4229,067

6 10, 1316 14, 344

6 155, 3946 96, 4306 58, 199

6 8, 654

6 21, 753

6 17, 3466 4, 781

6434

6 53, 2946 12, 9286 19, 9646 20, 403

1, 9475,101

o 661, 2768 473, 423

374, 08734, 769

183, 06777, 52651, 858

6,0963,436

35,00710. 408

Per ct .in-

crease(+)

or de-crease(-)

cumu-lative

1929from1928

+3.7

+4.2+28.6

-3.1

+1.8+30.5

-22.6

-10.7

+34.7+25.7+53.0+30.2

-1.2

+17.5-5.9

+26.5

-20.0

+12.0-35.8-77.0

+12.4+10.5+10.7+15.3+13.3-3.0

-19.3-9.9

-9.8+2.1

-21.9+10.0+2.0

-2.3-3.4-2.1+5.8

8 Cumulative through Aug. 31. 5 Quarter ending in month indicated.

Page 33: Survey of Current Business November 1929MONTHLY BUSINESS INDICATORS, 1923-1929 [Ratio charts—see explanations on inside front cover. The curves on check payments, wholesale trade,

31

TREND OF BUSINESS MOVEMENTS—Continued

The cumulatives shown are throughSeptember, except where otherwisenoted. Earlier data for items shownhere may be found on pages 27 to 138of the August, 1929, "Survey"

HIDES AND LEATHER— Continued

Hides— Continued

Inspected slaughter of livestock— Continued.Canada-

Cattle and calves _._thous. of animals..Swine .thous. of animalsSheep thous. of animals

Leather

Sole and belting leather:Production-

Sole only. -thous. of backs, bends, sides..Sole and belting ., thous. of Ibs

Stocks, end of month—In process of tanning thous. of IbsFinished thous of Ibs

Exports thous. of IbsPrice oak, scoured backs dolls, per lb_.

Upper leather:Production thous of sq ftStocks, end of month—

In process of tanning- _thous. of sq. f t_ .Finished thous. of sq. ft._

Exports thous. of sq. f t_ .Chrome calf, "B" grades ..dolls, per sq. ft..

Leather ProductsShoes:

Production thous of pairsExports thous. of pairsWholesale prices-

Men's black calfblucher, Boston ._ dolls, per pair..

Men's dress welt, tancalf oxford, St. Louis.dolls. per pair..

Women's black kid, dresswelt, lace, oxford dolls, per pair

Gloves, cut.. _ ..dozen pairs..

PAPER AND PRINTING

Wood PulpMechanical:

Production short tons _Consumption and shipments short tonsStocks, end of month . short tonsImports short tons

Chemical:Production short tons..Consumption and shipments— short tons..Stocks, end of month short tons..Imports short tonsPrice, sulphite dolls, per 100 lbs_.

Newsprint PaperProduction:

United States, total short tonsRatio to capacity percent _

Canada short tonsConsumption by publishers short tons..Shipments:

United States short tonsCanada, _ short tons

Imports short tonsExports:

Canada short tons..Stocks, end of month:

At mills-United States short tons..Canada short tons..

At publishers short tons..In transit to publishers short tons..

Price, roll. f. o. b. mill dolls, per 100 Ibs..Printing

Book publication:American manufacture no. of titles..Imported no. of titles..

Sales books:New orders.. thous. of books..Shipments thous. of books

Blank forms, new orders thous. of sets. .Box Board

Operation _ _ -thous. of inch hoursOperation .per ct. of capacity--Production _ . short tonsNew orders short tons -Shipments short tonsStocks, end of month _ short tons..Stocks of waste paper, end of month:

On hand short tons.In transit and unshipped purchases ..tons. .

Unfilled orders, end of month short tons..Consumption of waste paper short tons..

1929

May

11018717

1,14422,691

80, 60672, 0701,149

.49

63, 653

134, 079241, 78310, 208

.51

29, 159333

6.75

4.85

4.25263, 933

166, 375148, 251178, 96321, 044

241, 354242, 25434, 112

121, 9892.49

123, 50482

245, 644200, 826

124, 840247, 449206, 036

214, 342

25, 77823, 893

154, 94851, 425

3.25

601135

12, 74812, 15470, 16S

9,52683.4

264, 83C240, 39E260, 28362, 311

150, 04854,43389, 485

248. 813

June

9316125

1,24424, 911

79, 15370, 616

758.49

66, 425

135, 198235, 156

8,491.50

28, 120357

6.75

4.85

4.25252, 703

142, 915136, 669185, 20924 014

225, 940223, 01636, 188

153, 9562.53

113, 40782

225, 055192, 424

114,558233, 920202, 398

219, 895

24, 60224, 199

161, 31848, 716

3.25

695125

12, 33212,44558, 687

9,17183.5

241, 028231, 230235, 86562, 384

159, 00556,90481, 886

234. 119

July

10515955

1,17623, 965

80, 64168, 538

832.51

71, 323

141, 207230, 871

9,267.49

5 30, 223320

6.75

4.85

4.25255, 711

122, 946136, 695171, 53518, 724

221, 388221, 10535, 940

161, 1852.60

111, 57881

229, 045173, 375

112, 616227, 502210, 497

199, 692

23, 60328, 993

191, 64744, 781

3.25

501131

11, 47613, 73757,22£

9,04£79.2

236, 377240, 617235, 86363, 333

175, 30664, 35S88, 275

215. 537

August

99160

77

« 1, 30025, 323

80, 58766, 276

782.52

82, 954

147, 678216, 406

7,736.49

36, 295291

6.75

4.85

4.25292, 545

24, 731

237, 762

142, 5022.60

120, 86877

225, 873172, 239

118, 789224, 254209, 90

217, 638

25,6529,78

205, 53244,676

3.25

819177

12, 83913,63154,054

9,590809

264, 365257, 318262, 88961, 853

171, 36061, 57182, 969

256. 560

Septem-ber

9814293

1,186

539.54

8,264.49

321

6.75

4.85

4.25285, 094

20, 666

134, 5332.60

108, 155

227, 665

107, 495226, 623196, 123

201, 249

26, 49030, 742

3.25

12, 97712, 22656, 428

8,526809

237, 759246, 801242, 42158, 664

174, 52689, 28087, 304

230. 146

1938

August

10514062

1,46325, 701

89, 50872, 439

996.67

73, 150

147, 602253, 854

9,000.57

34, 974331

6.75

5.00

4.25237, 043

1

114, 668138, 309147, 61117, 233

222, 116221, 00844, 682

120, 6432.53

116, 120

200, 480162, 184

114, 768197, 224173, 872

179, 334

40, 83852, 108

209, 04439, 744

3.25

55169

12, 53813, 73858, 108

9,2381.

230, 750236, 68233, 1047,70

117, 0048,1081,81

213. 62fi

Septem-ber

9616186

1,32423, 510

85, 99072, 243

733.65

66, 380

146, 010247, 386

9,093.57

31, 000275

6.75

5.00

4.25213, 945

108, 166122, 771133, 00621, 953

201, 646204, 37842, 510

124, 0482.53

102, 82174

186, 396169, 625

107, 834197, 532164, 648

170, 840

35,68743,800

191, 28748, 229

3.25

835261

11, 83711,97650, 114

8,34483.0

224,971234, 449228, 88045, 271

116, 19753, 34487,097

217. 361

||PER CENT IN-

CREASE (+) ORDECREASE (— )

Sep-tember,

1929,from

August,1929

-1.0-11.2+20.8

-8.8

-31.1+3.8

+6.80.0

+10.3

0.0

0.0

0.0-2.5

-16.4

-5.60.0

-10.5

+0.8

1 -9. 5+1.1-6.6

-7.5

+3.3+3.2

0.0

+1.1-10.3+4.4

-11.1+0.6

-10.1-4.1-7.8+5.2

+1.8+45.0+5.2

—in. a

Sep-ember,1929,fromSep-

;ember,1928

+2.1-11.8+8.1

-10.4

-26.5-16.9

-9.1-14.0

+16.7

0.0

-3.0

0.0+33.3

-5.9

+8.5+2.8

+5.2

+22.1

-0.3+14.7+19.1

+17.8

-25.8-29.8

0.0

+9.6+2.1

+12.6

+2.2-1.9+5.7+5.3+5.9

+29.6

+50.2+67.4+0.24-5.9

CUMULATIVE TOTALFROM JAN. 1

THROUGH SEPT. 30

1938

8271,877

312

12, 2136 197, 392

7,521

6 546, 434

103, 087

6 231, 6073,233

1, 912, 163

1, 193, 4561, 819, 753

180, 197

1, 923, 1941, 929, 502

1, 038, 07

1, 047, 602

I 6 l, 732, 5631, 375, 349

1,031,6301 1,728,423

1, 545, 425

1, 583, 010

65,1661,07

110,993107, 80420,429

75,63

1,992,0762,009,361,989,81

1 8K2 279

1939

8121,690

363

10, 7616 186, 900

8,259

6 545, 017

87, 137

6 239, 0313,219

2, 319, 920

189, 034

1, 192, 482

1, 038, 243

6 1, 992, 6041, 481, 938

1,048,4871, 895, 1721, 748, 238

1, 828, 880

6 5, 4376 1, 140

112,030112, 934529, 741

82, 287

2, 227, 9482, 202, 3012, 218, 402

2 214 431

Perct.in-

crease(+)

or de-crease(-)

cumu-lative1929from1928

-1.8-10.0+16.3

-11.9-5.3

+9.8

-0.3

-15.5

+3.2-0.4

-21.3

+4.9

+14.9

-0.9

I +15.0+7.7

+1.6+9.6

+13.1

+15.5

+5.4+6.1

+0.9+4.8

+26.0

+8.8

+11.8+9.6

+11.5

4-14 2

«Revised; 6 Cumulative through Aug. 31.

Page 34: Survey of Current Business November 1929MONTHLY BUSINESS INDICATORS, 1923-1929 [Ratio charts—see explanations on inside front cover. The curves on check payments, wholesale trade,

32

TREND OF BUSINESS MOVEMENTS—Continued

The cumulatives shown are throughSeptember, except where otherwisenoted. Earlier data for items shownhere may be found on pages 27 to 138of the August, 1929, "Survey"

PAPER AND PRINTING— Continued

Other Paper

Binder's board production short tons..Book paper:

Production short tons..Ratio to capacity per cent..

Shipments short tons..Stocks end of month .short tons. _New orders—

Coated ..p. ct. of normal production..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 tons..Stocks, end" of month ----- short tons..

Fine paper:Production short tons..

Patio to capacity per cent—Shipments short tons..Stocks end of month short tons. _

All other grades:Production .snort tons..Shipments short tons..Stocks end" of month _ short tons. _

Total paper (inc. newsprint and box board) :Production short tons..

Ratio to capacity per cent__Shipments .short tons..Stocks end" of month short tons. .

Paperboard Shipping Boxes

Production:Total thous. of sq. ft_.Corrugated thous. of so. f t _ _Solid fiber thous. of sq. ft—

Operating activity:Total per cent of normal..Corrugated per cent of normal _ _Solid fiber per cent of normal. _

Abrasive paper and cloth:Domestic ^ales reams- _Foreign sales reams _

Rope paper sacks shipments rel. to 1921-22. _

BUILDING CONSTRUCTION ANDHOUSING

Building Costs

Building materials:Frame houce 6-rm 1st of mo rel. to 1913Brick house, 6-rm. 1st of mo ---rel. to 1913..

Bldg costs 1st of mo rel. to 1913 _Bldg costs' (A G C), 1st of mo._.rel. to 1913-.Plumbing fixtures 6 pieces dollars. _Construction costs (Am. Appraisal):

Frame rel. to 1913. _Brick wood frame rel. to 1913 _Brick' steel frame .rel. to 1913. _

Reinforced 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 ftEducational buildings thous. of sq. ft—Other public and semi-

public buildings thous. of sq. ft—Grand total thous. of sq. ft—

Contracts awarded, value (36 States):Commercial buildings thous. of dolls—Industrial buildings thous. of dolls .Residential buildings thous of dollsEducational buildings thous. of dolls..Other public and semi-

public buildings thous. of dolls. .Public works and utilities. -thous. of dolls. _

Grand total thous. of dolls. .Contracts awarded, Canada thous. of dolls-Building volume (A G C ) rel. to 1913Fire losses:

United States and Canada,(Journal of Commerce)..- -thous. of dolls—

Canada (Monetary Times). -thous. of dolls..

1939

May

3,491

138, 024

137, 03474, 255

8680

109

94, 30285

92, 22787, 733

41, 66090

42, 36849, 488

111, 182107, 73558, 932

773, 50287

764, 487358, 497

490, 117386, 241103, 876

828379

95, 22426, 040

81

177182

205.2203

98.16

204214197201

15, 78910, 32538, 7406,050

5,86677, 586

82, 68179, 915

185, 65836, 690

47, 387132, 383566, 01064, 860

211

21, 6372,551

June

3,092

129, 743

130, 13274, 255

8482

98

87, 19185

86, 406

38, 51390

37, 897

100, 897100, 09859, 875

710, 779

704, 956359, 310

506, 830406, 9G819, 922

858777

90, 35516, 696

S6

176181

205.7203

97.54

204214197201

13, 3538,341

36, 2276,349

5,19570, 297

78, 62569, 621

185, 32841, 745

39, 324117, 426532, 06972, 420

231

26, 6313,079

July

2,828

130, 76891

130, 24574,998

8281

109

84, 09379

85, 775

37, 62485

100, 503101, 78357, 592

700, 94386

702, 890353, 342

481, 762384, 88596, 877

808274

88, 56611, 400

85

177182

204.8202

97.94

204214197200

12, 8739,563

36, 1616,525

5,74371, 320

88, 13766, 318

194, 75446, 333

49, 537179, 897624, 97657, 941

218

31, 5285,027

August

3,443

138, 61493

136, 95177, 248

8577

98

91, 84983

90, 655

38, 92484

105, 855104, 63858, 009

759, 30283

751, 475356, 781

550, 170448, 920101, 250

899182

100, 92420, 514

101

177182

205.9203

98.84

204214197201

13, 48110, 14828, 3395,190

5,89663, 875

68, 36571, 820

142, 04931, 149

42, 762114, 766470, 910

58, 622239

27, 5043,776

Septem-ber

8786

108

544, 276434, 351109, 925

899182

99, 22117, 817

95

176182

207.6201

98.97

205214197201

12, 6127,585

24, 3544,914

6,95857, 152

71, 59052, 090

114, 18429, 034

49, 307114, 146430, 35146, 959

259

21, 4222,040

1928

August

3,092

130, 41689

133, 02485,836

7779

87

100, 77989

100, 17493, 340

39, 33184

38, 93853, 535

110, 677109, 15472, 438

728, 07378

729, 162393, 696

441, 792364, 756

77, 036

797784

99, 78917, 875

111

177181

207.3200

101. 21

204213198201

11, 9748,548

42, 8595,418

6,392« 75, 638

57, 17841,318

207, 52133, 559

45, 470114, 714499, 760

39, 449239

17,7242,356

Septem-ber

2,431

117, 37486

120, 89582,403

8180

107

83, 58284

86, 17391, 977

34,88580

34, 88553, 361

100, 138102, 43770, 140

663, 77184

681, 104378, 839

434, 371359, 55374, 818

797880

95, 13118, 281

102

177181

207.3201

101. 13

204213198201

11, 44210, 34838, 7445, 651!

6, 278!73, 146;

58, 525!112, 925J196, 85037, 088

51, 317115, 808572, 513|45,439|

266

17, 1831,739

PER CENT IN-CREASE (+) ORDECREASE (— )

Sep-tember,

1929,from

August,1929

+2.4+11.7

+11.10.0

-1.1-3.2+8.6

0.00.00.0

-1.7-13.3-5.9

-0.60.0

+0.8— 1.0+0.1

+0.50.00.00.0

-6.4-25.3-14.1-5.3

+18.0-10.5

+4.7-27.5-19.6-6.8

+15. 3-0.5-8.6

-19.9+8.4

-22.1-46.0

Sep-tember,

1929,fromSep-

tember,1928

+7.4+7.5

0.0+14.3

+25.3+20. 8+46.9

+12.7+16.7+2.5

+4.3-2.5-6.9

-0.6+0.6+0.1

0.0-2.1

+0.5+0.5-0.5

0.0

+10.2-26.7-37.1-13.0

+10.8-21.9

+22.3-53.9-42.0-21.7

-3.9-1.4

-24.8+3.3-2.6

+24.7+17.3

CUMULATIVE TOTALFROM JAN. 1

THROUGH SEPT. 30

1928 1929

« 1,008, 705 61,065,847i

998, 024

6760,460

6750,741

6311,472

6308,082

6819,8036812,281

65,612,326

65,553,861

3, 687, 4062, 955, 185

683, 472

802, 614165, 060

113, 15869, 223

423, 30847, 324

53, 666711, 122

654, 472472, 352

2, 111, 698301, 992

434, 719978, 816

4, 954, 049379, 505

61,072,090

6729,153

6730,128

6315,905

6318,778

6 832, 9926825,702

66,659,898

65,863,084

4, 521, 3843, 582, 890

938, 494

856, 612178, 565

121, 14577, 125

307, 13545, 927

45, 627603, 513

696, 559575, 317

1, 518, 636289, 939

377, 734985, 729

4, 381, 536441, 644

227, 062 244, 12819, 176 26, 640

Perct.in-

crease(t}

or de-crease(-)

cumu-lative1929from1928

+5.7+7.4

-4.1

-2.7

+1.4

+3.5

+1.6+1.7

+18.7

+5.6

+22.6+21.2+37.3

+6.7+8.2

+7.0+11.4-27 A-3.0

-15.0-15.1

+6.4+21.8

28 1-4.0

-13.1+0.7

— 11.6+16.4

+7.5+38.9

5 Revised. «Cumulative through Aug. 31

Page 35: Survey of Current Business November 1929MONTHLY BUSINESS INDICATORS, 1923-1929 [Ratio charts—see explanations on inside front cover. The curves on check payments, wholesale trade,

33

TREND OF BUSINESS MOVEMENTS—Continued

The cumulatives shown are throughSeptember, except where otherwisenoted. Earlier data for items shownhere may be found on pages 27 to 138of the August, 1929, "Survey"

LUMBER PRODUCTSSoftwood 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 mo. (computed) _M ft. b. m__Unfilled orders,end mo.(comp.) M ft. b. m__Exports, lumber M ft. b mExports, timber M ft. b. mPrice, flooring ..dolls, per M ft. b. m__

Douglas fir:Production M ft. b. mShipments (computed) M ft. b. m._New orders M ft. b. mExports, lumber M f t b inExports, timber M ft. b. mPrice, No. 1 common. dolls, per M ft. b. m._Price, flooring, 1x4, "B"

and better, V. G... dolls, per M ft. b. m__California redwood:

Production (computed) M ft. b. m _ _Shipments (computed). M ft. b. m._New orders (computed) M ft. b. m _ _Unfilled orders, end of month

(computed). ._ M ft. b. mCalifornia white pine:

Production M ft. b. mShipments M f t b. mStocks end of month M f t b mNew orders M ft b mUnfilled orders, 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 f t b mShipments . M ft. b. mNew orders M f t b m

Lath-Production. thousandsShipments thousands

Northern hemlock:Production M f t b mShipments . M ft. b. m

Hardwood LumberWalnut lumber:

Production. M ft. b. m__Shipments M ft. b. m__Stocks, end of month M ft b mNew orders M ft. b. mUnfilled orders, end of month . M ft. b. m._

Walnut logs:Purchased M ft. log measure..Made into lumber and

veneer . M ft. log measureStocks, end of month. _ _ M ft. log measure..

Northern hardwoods:Production M ft. b. mShipments M f t b m

Lower Michigan hardwoods:Production M ft b mShipments M ft. b. mStocks, end of month. _ _ M ft. b. m_.

Gum:Stocks, total, end of month mill. ft. b. mStocks, unsold, end of month.mill. ft. b. m..Unfilled orders, end of month.mill. ft. b. m._

Oak:Stocks, total, end of month., .mill. ft. b. m__Stocks, unsold, end of month.mill. ft. b. m__Unfilled orders, end of month.mill. ft. b. m..

All hardwoods:Production mill. ft. b. m__Shipments.. mill. ft. b. mNew orders mill ft b mStocks, total, end of month mill. ft. b. mStocks, unsold, end of month.mill. ft. b. m__Unfilled orders, end of month.mill. ft. b. m._

Production, 10 species _ M ft. b. m__Exports, planks, joists, etc M ft. b. m

FlooringMaple flooring:

Production M f t b mShipments M ft. b. m._Stocks, end of month M ft. b. mNew orders M f t 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. in-New orders M ft. b. mUnfilled orders, end of month.M ft. b. m..

1939

May

414, 16687

409, 616388, 317985, 877320, 351

59, 38410, 72237.00

361, 700384, 530365, 72895,10423, 30918.89

42.95

48, 08348, 74249, 507

45, 062

127, 672109, 599442, 929105, 597143, 950

61, 24365, 954

56, 03147, 54137, 478

10, 0019,632

14, 48814, 247

4,5083,823

11, 9704,1207,563

3,735

3,0051,897

30, 88523, 818

5,8255,734

28, 467

464328136

918748169

296293311

2,6382,015

6172, 369, 329

220, 153

5,6256,848

22, 2306,336

13, 104

41, 35341, 55874, 01333,90957, 496

June

369, 97183

370, 310343, 106985, 538293, 14759, 2639,31137.04

334, 841371, 995354, 53783, 96651, 57118.74

42.69

37, 86641, 50738, 776

40, 257

118, 42298, 779

463, 175105, 832156, 475

53, 27059, 080

50, 53744, 19737, 142

6,81810, 256

13, 52716. 262

4,5323.699

12, 9603,6257,636

3,711

3,2412,253

31, 34824, 444

4,8824,672

24, 364

475325150

923747176

300285277

2,6812,031

6572, 186, 504

211, 952

5,4186,420

20, 9643,822

10,600

36, 72239, 97972, 14734, 47950.832

July

393, 93281

377, 571379, 217

1, 001, 899294, 79357, 27517, 47437.27

302, 162319, 621306, 63998, 17943, 93218.77

42.73

28, 43528,67235, 657

47, 235

120, 96897, 302

486, 41688, 208

150, 643

47, 83150, 946

50, 73344, 82540, 012

8,82210, 083

15, 35918, 614

3,8393,570

12,6402,6276,474

2,951

3,2172,773

24, 96124, 413

6,1795,875

26, 121

465318147

955785169

311278278

2,7312,088

6432, 171, 397

231, 516

6,4507,883

21, 9136,159

10, 431

37, 63837,00270, 43525, 90143, 895

August

400, 27483

384, 203378, 878

1, 017, 970289, 46852, 6309,30037.43

353, 642333, 498327, 678

72, 81148, 30318.57

42.96

44, 92348, 64844, 930

44, 590

126, 934102, 334516, 22095, 986

162, 494

48, 99348, 230

49, 84643, 76442, 485

8,4429,258

14, 90816, 020

4,6083,607

14, 3033,2666,892

3,667

3,3582,441

22, 45927, 469

17, 880

469325144

982802181

334296300

2,7722,122

645fi 2, 289, 977

181, 897

6,9188,435

20,4806, 9278,881

36, 38237, 63170, 19830, 97235, 937

Septem-ber

359, 75783

347, 704344, 703

1, 030, 023286, 46743, 08714, 87436.76

64, 08538, 49318.36

42.79

35,29137, 36334, 086

41, 837

94, 98393, 900

523, 77280, 250

153, 701

48, 13245, 605

41, 88237, 05430,291

6,2686,509

17, 07912, 859

4,6493,289

15, 3473,3987,000

3,367

3,7242,148

17, 19524, 275

482328154

1,004808195

334311323

2,8482,239

6782, 076, 526

163, 427

7,3347,239

20,8274,7507,641

33, 05531,46472, 14137,38840, 417

j 1928

August

425, 49387

468, 672479, 370

1, 019, 050339, 03843,287

7,46536.34

358, 566389, 454381, 396

59, 23640, 83717.75

37.19

41, 13743, 98339,855

45, 093

145, 491118, 310516, 764102, 805181, 014

45, 43748, 643

57, 33547, 75541, 435

12, 31810, 099

20, 44922, 661

2,9312,863

13, 1662,9905,270

2,736

2,5793,058

20, 07327, 597

5,5027,349

23,509

543410132

959800159

263285289

2,7712,211

5572, 206, 862

162, 221

8,4139,515

23, 2328,851

10, 187

51,52951, 86067, 86449, 42747. 026

Septem-ber

386, 67188

423, 218434, 884991, 781340, 87540, 83714, 89737.73

296, 343315, 144322, 754

64, 26544, 26417.32

38.85

34,32933, 10733, 519

47, 916

122, 708105, 246538, 13686, 716

188, 747

37, 45739, 900

51, 61844, 61844, 209

12, 4198,897

15, 31519, 951

2,7493,299

12, 6252,6354,741

2,274

2,6432,684

16, 62425, 086

4,9156,467

20, 915

529396133

954775161

270293293

2,7312,164

5661, 927, 716

170, 457

7,6757,929

22, 5547,110

10,106

45, 92645,02068, 45643, 14147. 099

PER CENT IN-CREASE (+) ORDECREASE (— )

Sep-tember,

1929,from

August,1929

-10.10.0

-9.5-9.0+1.2-1.0

-18.1+59.9-1.8

-12.0-20.3-1.1

-0.4

-21.4-23.2-24.1

-6.2

-25.2-8.2+1.5-6.4-5.4

-1.8-5.4

-16.0-15.3-28.7

-25.8-29.7

+14.6-19.7

+0.9-8.8+7.3+4.0+1.6

o 2

+10.9-12.0

-23.4-11.6

Sep-tember,

1929,fromSep-

tember,1928

-7.0-5.7

-17.8-20.7+3.9

-16.0+5.5-0.2-2.6

-0.3-13.0+6.0

+10.1

+2.8+12.9+1.7

-12.7

-22.6-10.8-2.7-7.5

-18.6

+28.5+14.3

-18.9-17.0-31.5

-49.5-28.8

+11.5-35.5

+69.1-0.3

+21.6+29.0+47.6

+48.1

+40.9-20.0

+3.4-3.2

+2.8+0.9+6.9

+2.2+0.7+7.7

0.0+5.1+7.7+2.7+5.5+5.1-9.3

-10.2

+6.0-14.2+1.7

-31.4-14.0

-9.1-16.4+2.8

+20.7+12.5

-8.9-17.2+15.8

+5.2+4.3

+21.1

+23.7+6.1

+10.2+4.3+3.5

+19.8+7.7-4.1

-4.4-8.7-7.7

-33.2-24.4

-28.0-30.1+5.4

-13.3-14.2

CUMULATIVE TOTALFROM JAN. 1

THROUGH SEPT. 30

1928

3, 788, 585

4, 004, 8194, 041, 897

509, 407132, 652

6 3, 691, 753e 3, 992, 8006 4, 055, 242

581, 810427, 357

355, 577344, 870350, 486

917, 713910, 653

1929

3, 538, 421

3, 487, 3523, 487, 304

516, 55295,284

2, 665, 7442, 844, 0832, 795, 113

699, 007419, 036

340, 036345, 498361, 610

877, 930909, 144

800, 345 853, 903

441, 322460, 249

395, 986374, 491354, 411

84, 25476,626

150, 287150, 698

26, 39426, 429

25, 996

22, 107

22, 703

308, 021270, 936

2,3682,4202,495

20, 212, 6291, 726, 603

68, 60872, 567

70, 611

395, 663417, 459

422, 645

506, 569493, 710

359, 918367, 052336, 280

58, 68973, 194

137, 028123, 316

34, 60732, 513

32, 187

26, 849

26, 547

281, 754243, 387

2,8362,7462,799

19, 268, 7491, 829, 659

59,09161, 716

57, 530

316, 294330, 923

317, 032

Perct.in-

crease(t}or de-

crease(-)

cumu-lative1929from1928

-6.6

-12.9-13.7

+1.4-28.2

27.8-27.5-31.7+20.1-1.9

-4.4+0.2+3.2

-4.3-0.2

+6.7

+14.8+7.3

-9.1-2.0-5.1

-30.3-4.5

-8.8-18.2

+31.1+23. 0

+23.8

+21.5

+16.9

-8.5-10.2

+19.8+13.5+12.2

-4.7+6.0

-13.9-15.0

-18.5

-20.1-20.7

-25.0

s Revised. fl Cumulative through Aug. 31.

Page 36: Survey of Current Business November 1929MONTHLY BUSINESS INDICATORS, 1923-1929 [Ratio charts—see explanations on inside front cover. The curves on check payments, wholesale trade,

34

TREND OF BUSINESS MOVEMENTS—Continued

The cumulatives shown are throughSeptember, except where otherwisenoted. Earlier data for items shownhere may be found on pages 27 to 138of the August , 1929, "Survey"

LUMBER PEODUCTS-Continued

Doors at Wholesale

Fir, manufacturing plants:Production _. _ _ number _Shipments numberStocks, end of month. . numberNew orders number_.Unfllled orders, end of month number..

Wooden Furniture

Household furniture and case goods:Shipments dolls., average per firm..Unfilled orders dolls., average per firm..

Grand Rapids district:Unfilled orders, end

of month No. of days' productionNew orders .. __No. of days' production. .Shipments No. of days' production..Outstanding accounts,

end of month.. No. of days' sales,.Cancellations . per cent of new ordersPlant operation per cent of full time.-

Plywood and Veneer

Douglas-fir plywood:Production thous. of sq. ft. of surface..Shipments thous. of sq. ft. of surface .New orders (sales) _thous.ofsq.ft.of surface. .Unfilled orders,

end of month.thous. of sq. ft. of surface..Stocks, end of

month __ thous. of sq. ft. of surface. _Rotary-cut veneer:

Receipts . . number of carloads _ _Purchases number of carloads..

Bushel baskets:Production dozensShipments .dozens .Stocks, end of month dozens. _

STONE, CLAY, AND GLASS PRODUCTS

Common brick:Stocks, end of month-

Burned thousands _Unburned thousands..

Shipments thousands .Unfilled orders, end of month.. thousands. _Plants closed down numberPrice, red, New York dolls, per thous..

Porcelain plumbing fixtures:Net new orders .piecesShipments . . 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 piecesStocks, end of month . pieces..

Floor and wall tile:Production thous. of sq. ft..Shipments, quantity.. thous. of sq. ft._Shipments, value thous. of dollsStocks, end of month thous. of sq. ft._

Terra cotta, new orders:Quantity. net tons..Value . thous. of dolls..

Sand-lime brick:Production _. thousands..Shipments by rail thousands..Shipments by trucks thousandsStocks end of month thousandsUnfilled orders, end of month.. thousands..

Portland Cement

Production thous. of bbls_.Operation per ct. of capacityShipments . _ .thous. of bbls..Stocks, end of month thous. of bbls..Stocks, clinker, end of month.. .thous. of bbls..Wholesale prices, composite dolls, per bbl__

Highways

Concrete pavements, new contracts:Total thous. of sq. yds..Road... ...thous. of sq. yds..

Federal-aid highways:Completed—

Cost thous. of dolls .Distance miles

Under construction, end of month ..miles __

1929

May

371, 162357, 900217, 204222, 746476, 215

57, 60538,713

604923

434.0

89.0

15, 65215, 90614, 342

17,222

5,185

220157

244, 782152, 274662, 636

325, 208168,036121, 641144, 271

1511.50

8,97010, 05935, 04548, 228

199, 477254, 776488, 079543, 987

6,3006,3552,437

18, 465

13, 3131,487

12, 9695,658

13, 10710, 5619,188

16, 15176.4

16, 70629, 62414,9111.650

23, 70417, 518

10,309335

7. 900

June

322, 987258, 041282, 150261, 271477, 349

47, 83136, 232

582022

4411.088.0

13, 16912, 77810, 525

14, 120

5,702

169181

202, 426200, 814665,881

308, 257154, 185154, 021163, 126

5011.00

9,66910, 80731, 23445,848

196, 707246, 071438. 715591, 633

6,2476,4242,412

18,092

10, 7981,178

17, 5785,412

13, 75710,44714, 968

16,80380.9

18, 94927, 45713, 5861.650

16, 42110,410

15, 552520

8. 359

July

302, 452340, 978217, 547204, 745315, 566

53, 74864, 573

683624

465.0

90.0

15, 56714,11312, 149

12,308

7,158

272260

232, 860232, 154674,339

290, 04495, 756

118, 834148, 289

1710.13

12, 15311, 84530, 08837, 947

244, 351271,411411,655582, 314

8 6, 244«6,4598 2, 50518, 301

11, 7561,183

16, 0614,263

12, 2668,854

14,739

17, 28180.4

20, 29524, 52511,6191.650

18, 02211, 344

16, 445693

8.494

August

177, 332177, 111206, 382164, 355254, 210

70, 48277, 568

643030

535.0

97.0

12, 71312, 6617,863

8,691

7,201

174122

264, 212360, 050584, 410

290, 265110, 904130, 982109, 564

5610.13

12, 16813, 87326,91140, 343

« 242, 5968 268, 6398 385, 632« 559, 418

6,3906,8132,690

17,929

8,606940

8 16, 83884,684

811,6158 9, 71489,925

8 18, 585886.1

823,0528 20, 056

8 8, 9931.604

11,9697,010

9,729442

8.724

Septem-ber

216, 004193. 576228, 810225, 779284, 191

75, 31984, 318

583132

586.0

101.0

11, 62511, 69810, 377

5,971

7,415

223287

190, 939314, 904461, 717

10.53

9,5249,569

26,11539, 708

195, 931237, 788343, 775566, 776

7,784817

13, 3893,960

10, 2168,614

12, 086

17, 22381.8

19, 95017,3297,0391.500

10, 2205,945

22, 469830

8.584

1938

August

314, 154344, 643267, 118227, 311344, 094

65, 94757, 288

533031

567.0

92.0

11, 09410,98811, 030

8,024

7,358

259325

243, 056262,810570, 726

491, 088206,938218, 339221, 625

1413.50

12, 96022, 97065,02947, 690

217, 305267, 610353, 034477, 593

6,8417,4032,847

12,343

12, 0581, 123

21, 6808,284

13, 21514,44614, 503

18, 75993.1

21, 97019, 3749,3571.683

16, 8899, 254

12, 145599

9.547

Septem-ber

273, 076305, 555238, 399237, 769300, 106

65, 01058, 576

493130

659.0

101.0

9,4269,257

10, 245

7,715

7,309

244199

177, 982285,813409, 110

498, 691257, 692167, 078213, 274

2112.50

9,93916, 52554, 58350, 953

180, 758215, 284318, 508510, 864

6,6216,7552,572

12, 253

10, 5701,005

17, 2676,767

11,28115, 30414, 455

17, 88491.7

20,46016, 7997,5661.650

14, 7529,630

26, 1051,1699.427

PER CENT IN-CREASE (+) ORDECREASE (— )

Sep-tember,

1929,from

August,1929

+21.8+9.3

+10.9+37.4+11.8

+6.9+8.7

-9.4+3.3+8.7

+9.4+20.0+4.1

-8.6-7.6

+32.0

-31.3

+3.0

+28.2+135. 2

-27.7-12.5-21.0

+3.9

-M.7-31.0-3.0-1.6

—19.2-11.5-10.9+1.3

-9.6-13.1

-20.5-15.5-12.0-11.3+21.8

-7.3-5.0

-13.5-13.6-21.7-6.5

-14.6-15.2

+130. 9+87.8-1.6

Sep-tember,

1929,fromSep-

tember,1928

-21.0-36.6-4.0-5.0-5.3

+15.9+43.9

+18.40.0

+6.7

-10.8-33.3

0.0

+23.3+26.4+1.3

-22.6

+1.5

-8.6+44.2

+7.3+10.2+12.9

-15.8

-4.2-42.1-52.2-22.1

+8.4+10.5+7.9

+10.9

-26.4-18.7

-22.5-41.5-9.4

-43.7-16.4

-3.7-10.8-2.5+3.2-7.0-9.1

-30.7-38.3

-13.9-29.0-8.9

CUMULATIVE TOTALFROM JAN. 1

THROUGH SEPT. 30

1938

454, 935

1,4541,851

1, 819, 7061,891,623

6 1, 625, 111

209, 833148, 788

2, 404, 1392, 407, 755

« 45, 1776 45, 8236 17, 423

113, 70710, 780

149, 18251, 763

100, 735

131, 178

136, 284

124, 50079, 297

119, 5135,109

1929

534, 924

1,8232,141

1, 817, 6061, 744, 713(

6 1, 077, 096

105, 32698, 624

2, 255, 3202, 301, 191

6 49, 222« 46, 0826 17, 834 i

96, 55310, 535

122, 40336, 91096, 187

128, 165

133, 545:

113, 69275, 146

115, 7294,112

Perct.in-

crease(+)

or de-crease(-)

cumu-lative1929from1928

+17.6

+25.4+15.7

-0.1-7.8

-33.7

-49.8-33.7

-6.2-4.4

+9.0+0.6+2.4

-15.1-2.3

-18.0-28.7-4.5

-2.3

-2.0

-8.7-5.2

-3.2-19.5

5 Revised. o Cumulative through Aug. 31.

Page 37: Survey of Current Business November 1929MONTHLY BUSINESS INDICATORS, 1923-1929 [Ratio charts—see explanations on inside front cover. The curves on check payments, wholesale trade,

35

TREND OF BUSINESS MOVEMENTS—Continued

The cumulatives shown are throughSeptember, except where otherwisenoted. Earlier data for items shownhere may be found on pages 27 to 138of the August, 1929, "Survey"

STONE, CLAY, AND GLASS PKOD-UCTS— Continued

Plate Glass

Production, polished thous. of sq. ft_.

Glass Containers

Actual production:Quantity gross.,

elation to capacity per centNew orders . . . ._ . .gross..Shipments grossStock, end of month .grossUnfilled orders, end of month gross..

Illuminating Glassware

Production:Total . number of turnsRatio to capacity ..per ct. of capacity..

New orders _ per ct. of capacityShipments per ct. of capacity..Unfilled orders, end

of month . number of weeks' supply..Stocks, end of mo___number of weeks' supplv..

CHEMICALS AND OILS

Chemicals

Sulphur production (quarterly) long tons..Sulphuric acid:

Exports thous. of IDS...Price, wholesale dolls, per 100 lbs_.

Nitrate of soda:Imports long tonsProduction in Chile metric tons

Potash salts:Imports, (commercial) . long tonsProduction in France

(K2O content) metric tons..Sales in Germany

(K2O content) metric tons..Superphosphate, (acid phosphate):

Production short tons .Stocks, end of month short tons..Shipments short tons..

Fertilizer:Exports _ . long tonsConsumption, Southern States-short tons..

Dyes and dyestuffs, exports:Vegetable thous. of Ibs .Coal tar thous. of lbs_.

ArsenicCrude:

Production short tons..Stocks, end of month short tons..

Refined:Production short tons..Stocks, end of month short tons..

Price index numbers:Crude drugs rel. to Aug., 1914..Essential oils rel. to Aug., 1914..Drugs and Pharma-

ceuticals rel. to Aug., 1914..Chemicals rel. to 1913-14..Oils and fats rel. to 1913-14..

Wood Chemicals

Acetate of lime:Production-

United States thous. of Ibs..Canada . . thous. of Ibs

Shipments-United States thous. of Ibs..Canada thous. of lbs_.

Stocks, end of month-United States thous. of Ibs..Canada thous. of Ibs .

Exports thous. of lbs_.Price, wholesale dolls, per cwt._

Methanol, crude:Production-

United States gallons..Canada .gallons..

Stocks at crude plants, end of month-United States gallons..Canada gallons..

Stocks at refineries and in transit-United States .. .gallonsCanada gallons..

Exports gallons..

1939

May

12, 782

2,68379.1

2, 5842,6576,6019,859

3,88446.848.142.2

1.45.8

287, 306.78

127, 645276,600

24, 696

37, 242

77,326

276,462822, 659116, 580

114, 655219, 763

20227

1,8882,073

7793,236

187193

163113118

12, 703751

12, 588723

1,86710913

4.50

743, 63232, 614

234, 66014, 322

262, 08265, 96544,602

June

12, 278

2,56181.5

2,0232, 67k6, 5019,278

3,23946.344.645.1

1.66.0

8652,735

693,027.78

64, 733252, 600

9,895

39, 700

97,723

302, 434967, 76655, 459

140,09099,407

26421

2,4522,161

9173,709

184190

163113116

11,935677

11, 772676

1,755102

4.50

676, 19328, 291

227, 51311, 533

277,37666, 87016, 613

July

13, 057

2,39673.3

2,2242,5076,3888,824

1,81818.740.135.3

1.55.4

506,758.78

40, 501272, 300

37, 126

41,000

89, 190

305, 8081, 206, 174

62,956

123, 51520,047

1263,180

1,4441,998

8123,305

183191

173113117

10, 658720

11, 072716

1,206179120

4.50

633, 73128, 688

252, 74921, 863

475, 69878, 12(195, 755

August

5 14, 722

2,71577.5

1,9222, 6566,4478,079

2,81936.442.943.8

1.44.7

641,492.78

51,684270, 300

45, 505

42,500

95, 372

344, 4601,358,748

86,251

112,34645, 517

19113

8871,876

8573,414

179188

177112123

11,025715

10,862821

1,25973

4.50

656, 41425, 950

244, 18520, 092

526, 17263, 702

• 33,849

Septem-ber

14, Oil

J [2,24674.5

2,9422,7005,9948,072

3,22545.346.849.6

1.44.6

516, 264.78

31,539253, 200

40, 088

155, 103174,347

42239

180168

177112129

421

349

147

4.50

17, 581

17, 061

514, 57265, 50549,948

1938

August

12, 159

2,68680.9

1,9092,6546,2978,467

2,98536.544.542.5

1.84.3

291,035.78

75, 318275, 000

57, 327

34,300

108,696

304, 8571,380,278

87,688

103, 57562,823

2371,335

2,0862,999

8031,618

193161

164113121

9,486

12,8402,098

7,950140

1,1413.88

535,803

287, 49237, 933

160, 15664, 81714,000

Septem-ber

10, 807

2,32278.7

2,1222,4336,1738,084

3,19043.044.243.0

1.74.3

« 526, 264

581, 760.78

36, 644259, 400

43, 313

35, 200

140,818

276,8111,424,169

154,443

99, 149« 131, 120

1571,330

1,0792,978

7991,971

193158

164113121

8,605446

13, 355348

3,134183449

4.00

495, 55518, 816

229, 68313, 665

164, 97267,31432, 5401

PER CENT IN-CREASE (-{-) ORDECREASE (— )

Sep-tember,

1929,from

August,1929

-4.8

-17.3-3.9

+53.1+1.7-7.0-0.1

+14.4+24.5+9.1

+13.2

0.0-2.1

-19.50.0

-39.0-6.3

-11.9

+38.1+283.0

+120.9+200. 0

+0.6-10.6

0.00.0

+4.9

-41.1

-57.5

+101. 4

0.0

-32.3

-15.1

-2.2+2.8

+47.6

Sep-tember,

1929,fromSep-

tember,1928

+29.6

-3.3-5.3

+38.6+11.0-2.9-0.1

+1.1+5.3+5.9

+15.3

-17.6+7.0

-11.30.0

-13.9-2.4

-7.4

+56.4+33.0

+168.8

-6.7+6.3

+7.9-0.9+6.6

-5.6

+0.3

-19.7

+12.5

-6.6

+24.9

+211.9-2.7

+53.5

CUMULATIVE TOTALFROM JAN. 1

THROUGH SEPT. 30

1938

97, 283

21,942

21,04721,887

26, 657

5, 604, 363

853, 5582, 301, 700

282, 410

• 259, 178

8 1, 014, 282

•2,546,674

61,507,320

963,9185, 232, 287

2,38122, 715

•11,331

•5,828

•88,3856,609

« 96, 7908,360

•4,925,248265, 985

443, 354

1939

115, 264

22, 322

22,55122, 849

28, 450

5, 040, 588

767, 0212, 406, 300

253, 938

•319,031

e 1, 009, 611

•2,476,096

« 1, 505, 151

1, 148, 4565,188,188

1,8025,698

•11,758

•6,959

•94,1847,818

•93,3847,805

•5,567,819325, 602

407, 507

Perct.in-

crease(+)

or de-crease(-)

cumu-lative1929from1928

+18.5

+1.7

+7.1! +4.4I

+6.7

-10.1

-10.1+4.5

-10.1

+23.1

-0.5

-2.8

-0.1

+19.1-0.8

-24.3-74.9

+3.8

+19.4

+6.6+18.3

—3.5-6.6

+13.0+22.4

-8.15 Revised. « Cumulative through Aug. 31. 8 Quarter ending in month indicated.

Page 38: Survey of Current Business November 1929MONTHLY BUSINESS INDICATORS, 1923-1929 [Ratio charts—see explanations on inside front cover. The curves on check payments, wholesale trade,

36

TREND OF BUSINESS MOVEMENTS—Continued

The cumulativea shown are throughSeptember, except where otherwisenoted. Earlier data for items shownhere may be found on pages 27 to 138of the August, 1929, "Survey"

CHEMICALS AND OILS— Continued

Wood Chemicals— Continued

Wood at chemical plants:Consumption-

United States cordsCanada _cords

Stocks, end of month —United States , cordsCanada cords .

Daily capacity-Total __cords._Shutdown _ ...cords..

Methanol, refined:Production —

United States _ gallons..Canada. gallons. _

Stocks, end of month-United States gallonsCanada ._ . gallons.

Shipments —United States gallons..Canada. .gallons..

Price, wholesale, N. Y dolls, per gal--Ethyl Alcohol

Production thous of galsWithdrawn for denaturization thous. of galsWarehouse stocks, end of month.thous. of gals..

Explosives(Black powder, permissible, and other high

explosives)Production .thous. of IbsShipments thous. of lbs_.New orders thous. of IbsStocks, end of month -thous. of Ibs

Naval StoresTurpentine (gum):

Net receipts, southern ports. barrels..Stocks at port, end of month barrelsPrice, southern, New York dolls, per gal

Rosin (gum):Net receipts, southern ports.. barrels..Stocks at 3 ports, end of month barrelsPrice, B, New York dolls, per bbl

Rosin (wood):Production . ... barrelsStocks, end of month barrels

Turpentine (wood) :Production barrels..Stocks, 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

Fats and OilsTotal vegetable oils and copra:

Exports. thous. of Ibs. _Imports thous. of Ibs. _

Copra, imports _ short tons..Copra or coconut oil:

Imports. thous. of lbs_.Consumption in

oleomargarine thous. of Ibs..Oleomargarine:

Production.. thous. of Ibs..Consumption thous. of Ibs. _

Animal glues, shipments thous. of Ibs.

CottonseedCottonseed:

Receipts at mills short tons..Consumption (crush) _ short tonsStocks 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 lbs._Price, yellow, prime,

New York dolls, per lb__Consumption in

oleomargarine thous. of lbs_.Cottonseed cake and meal:

Production short tons..Stocks, end of month short tonsExports short tons. _

1929

May

77, 8323,831

525, 18573, 095

3,336337

423, 24449, 700

716, 76243, 474

472, 36045, 274

58

15, 21613, 81212, 341

37, 23539, 47437, 19917, 989

43, 72253, 536

.54

137, 384120, 665

7.58

37, 708115, 870

6,8554,503

219, 304878, 784

31, 4022,138

1,816129, 28534, 728

49, 260

14, 603

28, 35729,008

7,225

22, 007112, 421100, 634

39, 68851,284

60, 581512, 118

.097

2,518

50, 278191, 983

6,151

June

72, 2173,509

530, 11172, 586

3,326361

423, 81136, 900

759, 74051, 787

449, 24511, 650

.58

12, 54512, 90911, 860

34, 38335, 03234, 20217, 225

48, 65857, 728

.52

154, 168123, 505

7.88

36, 123113,449

6,5054,778

215, 153873, 358

29, 9813,077

1,42891, 37523, 828

32, 571

12, 029

24, 27623, 379

6,246

26, 04163, 27463, 401

21, 55230, 079

40, 795431, 100

.096

2,124

28, 423142, 014

4,777

July

68, 4283,587

530, 26472, 126

3,276468

259, 11810,400

712, 75231, 185

365, 43821, 403

.58

16, 87115, 98211, 166

35, 75636, 81135, 49916,964

54, 87265, 570

.52

181, 433169, 420

8.51

37, 844104, 492

6,7184,628

235, 892882, 037

28, 1882,846

54173, 15721, 693

23, 669

12, 658

24, 87324, 9726,376

29, 37751, 43841, 340

18, 55819, 094

27,680338, 320

.096

2,051

25,97180,91411, 969

August

70, 4543,228

« 565, 11972, 026

3,264475

454, 16043, 700

783> 67437, 761

487, 15322, 188

.58

20, 02618, 68811,489

40, 58439, 16339, 58017, 529

49, 43663, 151

.52

172, 670205, 955

8.51

38, 31598, 777

6,7214,713

229, 388894, 993

26, 6653,974

1, 285109,09126, 622

36, 623

14, 715

28, 40025,7887,231

239,538121, 769159, 109

34, 45329,232

24,376234,922

.094

2,387

56,31151, 72712, 837

Septem-ber

2,041

72,040

3,264525

432, 09427, 800!

729, 93221, 888

598, 55131,902

.58

42, 01942, 29940, 14116,895

42, 12765, 770

.55

140, 212233, 215

9.01

36, 90590, 036

6, 6954,344

222, 112888, 328

23, 9974,465

2,63282, 94218, 007

36, 952

16, 075

30, 56231, 423« 6, 749

920, 318488,946590, 747

149, 38877, 339

82, 859175, 023

.093

2,362

215,66383, 77821, 608

1928

August

55, 085

509, 43573,700

3,4821,053

436, 81114, 700

396, 73026, 715

497, 97122, 076

.48

18, 76416, 1289,263

35, 09233, 03932, 26818, 554

42, 72473, 304

.52

145, 357227, 517

9.59

37, 623114, 074

6,2746,898

225, 668822, 813

25, 5743,356

1,44456,36419, 716

12, 581

11,910

23, 61024,9656,780

175,64374, 116

123, 499

20,91315, 261

21,012234,485

.094

2,062

35, 10118, 715

944

Septem-ber

49,4442,160

514, 20473,759

3,4861,083

355, 35338,600

300, 47833, 101

415, 34025, 396

.48

18, 61315, 26911, 295

35, 31037, 46533, 61116, 274

34, 31273, 595

.52

116, 029230, 672

9.18

35, 473112,964

6,2576,027

211, 828845, 762

24, 3433,427

2,22280, 91420, 754

34, 008

14, 452

28, 44629, 0026,256

5 865, 691« 421, 362* 567, 8288 126, 787

« 68, 856

» 61, 6375 159, 588

.099

2,437

5 185, 728« 61, 411

22.013

PER CENT IN-CREASE (+) ORDECREASE (— )

Sep-tember,

1929,from

August,1929

-36.8

0.0+10.5

-4.9-36.4

-6.9-42.0

+22.9+43.8

0.0

+3.5+8.0+1.4-3.6

-14.8+4.1+5.8

-18.8+13.2+5.9

-3.7-8.8

-0.4-7.8

-3.2-0.7

-10.9+12.4

+104. 8-24.0-32.4

+0.9

+9.2

+7.6+21.9-6.7

+284.2+301. 5+271. 3

+333. 6+164.6

+239. 9-25.5

-1.1

-1.0

+283.0+62.0+68.3

Sep-tember,

1929,fromSep-

tember,1928

-5.5

-2.3

-6.4-51.5

+21.6-28.0

+142.9-33.9

+44.1+25.6+20.8

+19.0+12.9+19.4+3.8

+22.8-10.6+5.8

+20.8+1.1-1.9

+4.0-20.3

+7.0-27.9

+4.9+5.0

-1.4+30.3

+18.5+2.5

-13.2

+8.7

+11.2

+7.4+8.3+7.9

+6.3+16.0+4.0

+17.8+12.3

+34.4+9.7

-6.1

-3.1

+16.1+36.4-1.8

CUMULATIVE TOTALFROM JAN. 1

THROUGH SEPT. 30

1928

« 498, 89033, 081

4, 290, 945278, 650

4, 441, 365191, 256

« 106, 565« 95, 038

289, 617291, 655276,782

250, 269

841, 152

314, 173

55,000

2, 053, 339

225,591

40, 827538, 669168, 093

192, 988

113,273

226,390226, 04758,630

1,694,8592, 139, 984

687, 646

684, 194

19, 110

977, 944

129. 741

1929

« 581, 43940,183

3,933,173358, 800

4, 433, 016272, 130

6 123, 3376 112, 208

329, 527332, 303322, 289

291, 798

998, 541

331, 323

61, 253

2, 013, 417

242, 667

18, 406831, 895232, 007

310, 664

131, 275

253, 307250, 45760,456

1,965,4122,701,035

867,937

838, 182

20,788

1,224,633

148. 953

Perct.in-

crease(t}or de-

crease(-)

cumu-lative1929from1928

+16.5+21.5

-7.9+28.8

-0.2+42.3

+15.7+18.1

+13.8+13.9+16.4

+16.6

+18.7

+5.5

+11.4

-1.9

+7.6

-54.9+54.4+38.0

+61.0

+15.9

+11.9+10.8+3.1

+16.0+26.2

+26.2

+22.5

+8.8

+25.2

+14.8

i Revised. 6 Cumulative through Aug. 31.

Page 39: Survey of Current Business November 1929MONTHLY BUSINESS INDICATORS, 1923-1929 [Ratio charts—see explanations on inside front cover. The curves on check payments, wholesale trade,

37

TREND OF BUSINESS MOVEMENTS—Continued

The cumulative* shown are tjiroughSeptember, except where otherwisenoted. Earlier data for items shownhere mag b» found on pages 27 to 138of the August, 1929, "Surveg"

CHEMICALS AND OILS- Continued

Flaxseed

Production, crop estimate ._ thous. of bushsMinneapolis and Duluth:

Receipts thous. of bushsShipments thous. of bushsStocks, end of month thous. of bushs

Imports thous. of bushsMill receipts at Duluth-

Superior thous. of bushs..Linseed oil:

Shipments from Minneapolis.thous. of lbs._Price, New York dolls, per lb_.

Linseed cake and meal:Shipments from Minneapolis.thous. of Ibs..Exports thous. of Ibs

FOODSTUFFS

Wheat

Visible supply, end of month:United States thous. of bushs..Canada thous. of bushs..

Production, crop estimate:Winter wheat thous. of bushs..Spring wheat thous. of bushs..Total, wheat thous. of bushs..

Receipts, principal markets. _ .thous. of bushs..Shipments, principal markets -thous. of bushs _.Exports:

United States—Wheat only thous. of bushsIncluding wheat flour -thous. of bushs ._

Canada-Including wheat flour.thous. of bushs..

Prices:No. 1, Northern Spring,

Minneapolis _ dolls, per bush..No. 2 Red Winter,

St. Louis dolls. perbush._No. 2 Hard Winter,

Kansas City... dolls, per bush. .

Wheat flour

Grindings of wheat:United States thous. of bushsCanada thous. of bushs..

Production:United States, actual thous. of bbls._United States, prorated thous. of bbls._Canada thous. of bbls ..

Orain offal production thous of IbsCapacity operated, flour mills per cent..Consumption (computed) thous. of bbls..Stocks, all positions, end of

month (computed) _ _ thous. of bbls._Exports:

United States thous. of bblsCanada .. thous. of bbls

Wholesale prices:Standard patents, Minn dolls, per bbl__

, Winter, straights,Kansas City. dolls, per bbl._

Corn

Production, crop estimate thous. of bushs..Exports including meal thous. of bushsVisible supply, end of month.. thous. of bushs..Receipts, principal markets. --thous. of bushs..Shipments, prin. markets. _ _ --thous. of bushs..Grindings (starch, glucose) thous. of bushs..Price, No. 2, Chicago. —dolls, per bush..

Oats

Production, crop estimate thous. of bushsReceipts, principal markets _._thous. of bushs..Visible supply, end of month, .thous. of bushs..Exports, including meal thous. of bushs._Price, contract grades, Chi... dolls, per bushGrindings, Canada.. thous. of bushsProduction, oatmeal and rolled

oats, Canada thous. of Ibs

Barley

Production, crop estimate thous. of bushsReceipts, principal markets ...thous. of bushs..Visible supply, end of month.. thous. of bushsExports.. thous. of bushsPrice, fair to good, malting,

Chicago dolls, per bush2 As of Oct. 1.

1930

May

313101578

2,518

18, 005.102

12, 06732, 501

97, 962142, 168

18, 63723, 560

11, 74115, 941

31, 155

1.11

1.17

1.01

42, 7387,998

9,33410, 6801,749

742, 13355

9,847

7,600

933907

6.12

5.21

1,05015, 57111, 42016, 2766,338

.86

10, 43210, 063

513.46900

10,728

3,2646,0221,268

.553 Final es

June

492271764

2,366

33

15, 205.105

7,63230, 065

94, 060118, 249

25, 69418, 644

4,5648,814

29, 796

1.15

1.21

1.05

40, 8337,029

8,9129,8381,548

711, 35754

8,494

8,000

944935

6.38

5.26

98113, 93220, 64415, 1606,697

.92

8,4868,114

254.47895

11, 360

3,3385,7312,783

.53

;imate for

July

381340360

1,293

84

14, 381.120

12, 21540, 428

142, 855103, 315

94, 15842, 577

8,69113, 575

20, 538

1.43

1.39

1.25

42, 8957,247

9,33710, 4491,603

746, 62855

8,365

10, 084

1,085782

7.69

6.31

8509,493

21, 20515, 6446,5581.00

10, 1238,129

255.48854

12, 145

4,8495,5184,120

.65

L928.

August

1,479567

231,020

42

10, 787.129

15, 68337, 437

190, 91196, 224

101, 66960, 983

12, 09416, 935

13, 050

51.35

1.32

1.23

5 50, 7257,178

s 11, 05812, 5621,607

s 882, 93162

11, 686

8,800

1,076643

7.31

6.24

8955,765

19, 02313, 6437,6721.00

"""36," 32025, 987

837.44

1,101

14, 228

18, 6669,8054,624

.64

Septem-ber

2 16, 599

4,1111,655

909842

14, 789.155

27, 41529, 770

198, 982156, 620

2 568, 2332 223, 5352 791, 768

47, 04632, 134

13, 10418, 335

9,624

1.35

1.35

1.24

47, 578

10, 371

831, 26066

1,163492

7.17

6.10

2 2, 528, 077693

4,63819, 53211, 0827,9131.01

21,226,57313, 83328,8091,080

.49

2 313, 3687,8079,5196,209

.695 Revisec

1938

August

1,025426310

1,068

137

13, 571.098

16, 05152, 392

92, 10832, 728

84, 22146, 105

10, 39414, 588

29, 220

1.19

1.88

1.06

47, 6577,330

10, 370s 11, 567

1,590819, 994

585 10, 435

7,400

932925

6.62

5.66

1,0189,985

21, 46715, 7785,193

.97

27, 27115, 6872,403

.39988

15, 968

23, 6116,3138,758

.73

I.

1

Septem-ber

3 18 690

3,8121,260

6151,254

62

14, 443.098

26, 25738, 772

114, 52378, 069

3 578, 1333 324, 0583 902, 191

73, 32239, 508

17, 93922, 528

30, 928

1.19

1.45

1.07

48, 0148,554

10, 51211, 1971,892

820, 93466

9,077

8,500

1,020890

6.59

5.65

3 2, 835, 678668

7,11419, 65811, 9496,541

.99

3 1, 448, 67714, 37518,0042,308

.431,100

16, 499

3 356, 66721, 7108,084

14, 830

.676

PER CENT IN-CREASB (+) ORDECREASE (— )

Sep-tember,

1929,from

August,1929

+178. 0+191. 9

-17.5

+37.1+20.2

+74.8-20.5

+4.2+62.8

-53.7-47.3

+8.4+8.3

-26.3

0.0

+2.3

+0.8

-6.2

-6.2

-5.9+6.5

+8.1-23.5

-1.9

-2.2

OO R

-19.5+2.7

-18.8+3.1+1.0

-61.9+11.2+29.0+11.4

-58.2-2.9

+34.3

+7.8

Cumula

Sep-tember,

1929,fromSep-

tember,1928

+7.8+31.3+47.8-32.9

+2.4+58.2

+4.4-23.2

+73.7+100. 6

-35.8-18.7

-27.0-18.6

-68.9

+13.4

-6.9

+15.9

-0.9

-1.3

+1.30.0

+14.0-44.7

+8.8

+8.0

+3.7-34.8-0.6-7.3

+21.0+2.0

-3.8+60.0-53.2+14.0

..-64.0+17.8-58.1

+3.0

tive thro

CUMULATIVE TOTALFROM JABT. 1

THROUGH SBPT. 80

1938

8,5945,215

13, 440

6534

133, 425

187, 157419, 056

361, 869218, 115

56, 01093, 943

230, 914

381, 0246 55, 063

82, 3646 80, 798811,922

6, 687, 588

6 72, 090

8,4307,484

17, 618

248, 091172, 98965, 114

118, 379

7,157

e 7, 003

e 89, 793

71, 848

33, 822

1939

8,1304,186

18, 627

6282

128, 002

159, 246290, 079

383, 131242, 475

64, 236109, 946

187, 024

393, 3076 59, 326

85, 8956 84, 6556 13, 042

6, 832, 682

6 74, 238

10, 1577,823

32, 494

198, 924136, 73265, 390

116, 704

4,964

67,2006 91, 247

54, 195

28, 596

Ftp ct.in-

crease(t}

or de-cease(-)

cumu-lative

1929from1928

-5.4-19.7

+38.6

-47.2

-4.1

-14.9-30.8

+5.9+11.2

+14.7+17.0

-19.0

+3.2+7.7

+4.3+4.8+9.4+2.2

+3.0

+20.5+4.5

+84.4

-19.8-21.0+0.4

-1.4

-30.6

+2.8

+1.6

-24.6

-15.5

ugh Aug. 31.

Page 40: Survey of Current Business November 1929MONTHLY BUSINESS INDICATORS, 1923-1929 [Ratio charts—see explanations on inside front cover. The curves on check payments, wholesale trade,

38

TREND OF BUSINESS MOVEMENTS—Continued

The cumulatives shown are throughSeptember, except where otherwisenoted. Earlier data for items shownhere may be found on pages 27 to 138of the August, 1929, "Survey"

FOODSTUFFS— Continued

Bye

Production, crop estimate thous of bushsReceipts, principal markets.. .thous. of bushs..Visible supply, end of month.. thous. of bushs..Exports, including flour thous. of bushs..Price, No. 2, Chicago dolls, per bush..

Total Grains

Total grain exports, incl. flour.thous. of bushs..

Rice

Production, crop estimate thous of bushsSouthern paddy, receipts at mills __bbls__Shipments:

Total from mills pockets (100 Ibs )New Orleans... pockets (100 Ibs.)

Stocks, end of month pockets (100 Ibs )Exports pockets (100 Ibs )Imports. pockets (100 Ibs )

Other CropsApples:

Production, crop estimatesthous. of bushs..

Cold-storage holdings,end of month.. _. .thous. of bbls_.

Car-lot shipment carloads. .Potatoes:

Production, crop estimate thous of bushsCar-lot shipments carloads

Onions, car-lot shipments carloadsCitrus fruits, car-lot shipments. _ _ carloads _Hay, all tame:

Production, crop estimates thous of 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 Ibs..Cold-storage holdings,

end of month . thous. of IbsPrices:

Cattle, corn-fed, Chicago.dolls. per 100 Ibs..Steer rounds, No. 2. dolls, per lb_.Western dressed steers, N. Y dolls, per Ib -

Hogs and Pork

Hog movements, primary markets:Receipts thousandsShipments, total thousandsShipments, stocker and feeder, .thousands..Local si aughter 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 Ibs..Fresh and cured. thous. of Ibs

Lard (included in pork products) :Production _ thous. of Ibs..Exports _ thous. of Ibs..Cold-storage holdings,

end of month thous. of lbs_.Prices:

Hogs, heavy, Chicago. dolls, per 100 Ibs..Hams, smoked, Chicago dolls, per IbLard, prime contract, N. Y.__dolls. per lb__

Sheep and Lambs

Sheep movement, primary market:Receipts thousandsShipments, total thousands..Shipments, stocker and feeder..thousands_.Local slaughter thousands

Lamb and mutton:Production, inspected— > .. thous. of IbsApparent consumption thous. of lbs._Cold-storage holdings,

end of month thous. of lbs_Prices:

Sheep, ewes, Chicago dolls, per 100 Ibs..Sheep, lambs, Chicago__.dolls. per 100 Ibs..

1929

May

1,4646, 325

368.90

19, 140

231, 893

714, 677125, 528

1, 311, 568343, 16815, 257

I,~668

19, 6833,366

15, 524

1,653680292979

392, 816417, 481

1,293

57, 315

13.44.230.231

3,3751,300

572,083

665. 985622, 89098, 080

870, 785687, 295

141, 98964, 192

183,490

10. 75.249.120

2,1691,074

2171,101

46, 39746, 694

2,461

5.9112.78

June

8706,422

295.89

13, 127

191, 944

650, 414130, 369865, 117261, 377

2,984

ii'ooi

24, 3211,700

11, 820

1,444528176901

364, 470388, 426

1,496

52, 055

14.38' .234

.238

3,2301,149

532,081

672, 947582. 512100, 556

841, 937642, 238

144, 27267, 252

199, 699

10.66.254.123

1,749740226

1,020

42,01241, 967

3,061

5.3112.75

July

8806,447

1061.05

18, 907

125, 737

515, 342113, 969485, 177231, 401

6,556

I,~903

19, 3592,3518,152

1, 659592173

1,039

402, 501420,212

2,268

45, 930

14.98.238.255

3,2571,199

382,055

675, 915604, 32096, 298

814, 354611, 344

139, 69364, 274

203, 010

11. 20.267.125

2,112876231

1,216

46, 80447, 563

2,639

5.5513.80

August

* 5, 7668,015

4701.03

23, 761

583, 944

506, 895126, 470506, 953221, 314

5,549

3," 532

16, 8712,5457,348

5 1, 616«685

267938

406, 700« 419, 494

1,457

s 48, 014

14.69.238.251

«2,9308 1, 124

381,810

586, 150* 617, 430

87, 277

5 719, 400« 539, 31 5

121, 89455, 487

« 180, 085

10.66.275.124

2,5371,384

6391,155

49, 0965 48, 743

3,159

5.1612.88

Septem-

2 41, 0283, 720;8,8891, 2201.02.

27,537

2 36, 1391

1, 387, 795

841, 027156, 832

1, 099, 055131, 509

6,292

2 140, 637

1,53013, 114

2 345, 17723, 9785,0405,684

2 100, 582

2,099883423

1,118

419, 281423, 709

1, 259

56, 426

13. 80.236.250

3,0621,123

401,923

552, 490615, 89984, 650

598,913445, 419

58, 329

153, 494

9.96.267.122

3,3531,9691,0271,301

50, 15849, 593

4,091

4.6812.55

1928

August

2,6361,440

709.98

27,476

338,269

346, 07696, 643

695, 660126, 668

6,026

4," 170

15, 5382,5614, 254

1,829814336

1,007

398, 056407, 512

1,419

31, 065

15.11.244.260

2,5231,160

431,363

466, 696550, 18581, 924

859, 903682,015

92, 40150, 658

177, 888

11.71.249.128

2,3621, 250

5641,097

44. 52544, 443

1,691

5.7214.31

Septem-ber

3 41, 6766,0011,9272,4711.00

42,805

3 41, 8811, 197, 924

777, 583147, 464

1, 108, 564152, 90615, 412

3 185, 743

1,63118, 085

3 464, 48320, 2676,0093,636

3 92, 983

2,1911, 067

5631,069

418, 882433, 958

647

37, 223

16.19.259.284

2,6001,093

551,500

434, 296588, 47265, 617

641, 977515. 087

80, 13546, 158

126, 890

12.43.254.132

3,3862,1611,0801,213

49, 23749, 042

2,113

5.5014.16

PER CENT IN-CREASE (+) ORDECREASE (— )

Sep-tember,

1929,from

August,1929

-35. 5+10.9

+159. 6-1.0

+15.9

+137. 7

+65.9+24.0

+116. 8-40.6+13.4

"+271.1

+42.1+98.0-22.6

+29.9+28.9+58.4+19.2

+3.1+1.0

-13.6

+17.5

-6.1, -0.8

-0.4

+4.5-0.1+5.3+6.2

-5.7-0.2-3.0

-16.7-17.4

+5.1

-14.8

-6.6-2.9-1.6

+32.2+42.3+60.7+12.6

+2.2+1.7

+29.5

9 3-2.6

Sep-tember,

1929,fromSep-

tember,1928

-38.0+361. 3-50.6+2.0

-35.7

+15.9

+8.2+6.4-0.9|

-14.0-59.2

-6.2-27.5

+18.3-16.1+56.3

-4.2-17.2-24.9+4.6

+0.1-2.4

+94.6

+51.6

-14.8-8.9

-12.0

+17.8+2.7

-27.3+28.2

+27.2+4.7

+29.0

-6.7-13.5

+26.4

+21.0

-19.9+5.1-7.6

-1.0-8.9-4.9+7.3

+1.9+1.1

+93.6

14 9-11.4

CUMULATIVE TOTALFROM JAN. 1

THROUGH SEPT. 30

1938

17, 557

9,673

158, 204

5, 254, 968

6, 670, 5041, 356, 886

2, 614, 254280, 683

4i,~576

191, 24025, 87563, 323

15, 4636,1392,4179,166

3, 520, 0813, 638, 022

10, 237

34,01312, 845

56021, 141

6, 245, 0675, 380, 033

811, 138

6 1, 217, 426545, 747

17, 9969,0542,8068,916

381, 81S385, 676

1929

16, 842

2,911

178, 911

i

4, 602, 915!

6,529,443|1, 169, 759

2,869,4891182, 485!

44~868

185, 23424, 867

108, 949

14, 490 15,4772,0808,822

3, 499, 0273, 644, 307

12, 852|

__ _ .

Perot,in-

crease

or de-crease

cumu-lative1929from1928

-4.1

-69. 9

+13.1

-12.4

-2. 1-13.8

+9.8-35.0

"*,-3.1-3.9

+72.1

-e. a-10.8-13.9-3.8

-0.6+0.2

+25. 5

j

31, 76011, 899

46719, 825

6, 188, 8525, 320, 059

875, 208

6 1, 198, 419595, 106

18, 8759,2162,9769,556

403, 839409, 120

| -6. 6-7.4

-16. 6-6.2

Pf-0.$-1.1+7.9

-1.6t +9.0

+4.9+1.8+6.1+7.2

+5.8+6.1

2 As of Oct. 1. 3 Final estimate for 1928. « Cumulative through Aug. 31.

Page 41: Survey of Current Business November 1929MONTHLY BUSINESS INDICATORS, 1923-1929 [Ratio charts—see explanations on inside front cover. The curves on check payments, wholesale trade,

39

TREND OF BUSINESS MOVEMENTS—Continued

The cumulatives shown are throughSeptember, except where otherwisenoted. Earlier data for items shownhere may be found on pages 27 to 138of the August, 1929, "Survey"

FOODSTUFFS— Continued

Miscellaneous Meats

Cold-storage holdings, end of mo.thous. of Ibs. .

Total Meats

Production, inspected __thous. of lbs__Cold-storage holdings, end mo..-thous. of lbs__Apparent consumption thous. of Ibs

Poultry

Receipts at 5 markets thous. of Ibs. _Cold-storage holdings, end of mo.thous. of lbs._

Fish

Total catch, prin. ports thous. of bbls__Cold-storage holdings, 15th of mo.thous. of lbs._Canned salmon:

Shipments, United States casesExports, Canada _ .cases. .

Butter

Production (factory) thous of IbsReceipts, 5 markets thous. of IbsCold-storage holdings, creamery,

end of month thous. of IbsApparent consumption thous of IbsWholesale price, New York dolls, per Ib

Cheese

Total, all varieties:Production (factory) thous. of IbsReceipts, 5 markets thous. of lbs._Apparent consumption thous. of lbs__Cold-storage holdings,end mo-thous. of lbs_.Imports thous. of lbs__Exports, United States thous. of IbsExports, Canada thous of Ibs

American whole milk:Cold-storage holdings,

end of month thous. of IbsWholesale price, New York. .dolls, per lb._

Eggs

Receipts, 5 markets thous. of cases..Cold-storage holdings, end of month:

Case .thous. of casesFrozen thous. of Ibs

MilkCondensed milk:

Total stocks, mfrs., end mo.—Case goods thous. of IbsBulk goods thous. of Ibs

Unsold stocks, mfrs., end mo. —Case goods thous. of IbsBulk goods _ ..thous

Exports thous. of lbs__Wholesale price, New York.dolls. per case..

Evaporated milk:Manufacturers' stocks, end of mo. —

Total, case goods thous. of lbs._Unsold, case goods thous. of Ibs

Exports thous. of IbsWholesale price, New York dolls. per case

Production, condensed andevaporated milk thous of Ibs

Powdered milk:Manufrs.' stocks, end mo thous. of lbs_.Exports thous. of IbsNet new orders thous. of lbs._

Fluid milk:Receipts-

Boston (includ. cream) ..thous. of qts..Greater New York thous. of qts._

Production-Minneapolis, St. Paul thous. of lbs__

Consumption in manufactureof oleomargarine thous. of Ibs. .

SugarRaw:

Imports—From Hawaii, Porto Rico.. .long tons..From foreign countries long tons..

Meltings, 8 ports long tonsStocks at refineries, end month. long tons..

Refined:Shipments, 2 ports. long tons..Stocks, 2 ports long tonsExports, including maple long tons..

1929

May

82, 331

1, 105, 1081,012,8921, 087, 065

17, 59341, 643

28, 63130, 119

186, 20290, 775

226, 18063, 259

28, 369203, 760

.44

41, 08316, 75140, 63961, 0976,183

2041,692

47, 641.23

2,331

6,70571, 580

22, 19318, 262

17, 2496, 6442,6896.13

160, 426116, 144

5,9174.30

257, 343

22, 802396

7,358

19, 381118, 227

35, 435

7,514

134, 891458, 183409, 503911 055

73, 89847, 1588,538

June

81, 132

1. 079, 429978, 185

1, 012, 905

20, 43442, 001

31, 72840, 451

217, 78142, 794

181, 35969, 511

91, 962192, 045

.44

48, 85418, 40438, 62579, 7248,608

2098,403

62, 737.23

1,813

8,51084, 766

31,45925, 803

25,1409,2963,2806.13

222, 956173, 684

7,1214.30

290, 350

31, 103488

8,228

19, 920122, 902

36, 949

6,487

112, 546338, 905450, 035875, 942

81, 08850, 7536,341

July

81, 068

1,125,221943, 991

1, 072, 095

22, 54840, 896

43, 18551, 334

367, 84238, 983

173, 31468, 104

151, 621241, 232

.42

47, 00420, 54836, 60798, 0706, 653

28515, 074

79, 907.23

1,409

8, 96291, 488

34, 75029, 890

28, 8839,2213,8656.13

281, 137215, 878

5,9294.30

261, 989

33, 921400

7,786

20, 114119, 886

32, 021

7,045

156, 633359, 393445, 904864, 589

93, 67342, 88911, 631

August

« 76, 539

1, 041, 94fis 847, 112

* 1,085, 667

26, 1505 49, 010

43, 90364, 723

830, 40453, 100

144, 43654, 885

s 168, 952185, 708

.43

37, 75118, 60539, 453

5 106, 0095,268

13811, 047

5 86, 558.23

1, 151

« 8, 547« 86, 693

32, 142529,217

26, 950s 8, 751

3,3666.13

« 272, 427186, 717

4,6094.30

180, 084

« 33, 491250

5 8, 069

19, 115114, 768

25,737

8,144

90, 922410, 479504, 207830, 508

89, 29447, 4198,579

Septem-ber

71,491

1, 021, 929730, 921

1, 089, 200

28, 47761, 969

50,27072, 198

118, 250

117, 43144, 500

158,504174, 193

.46

30, 37315, 28938, 414

102, 6134,929

28416, 954

84, 596.24

944

7,19181, 414

29, 89329, 907

24, 2378,0193, 1166.13

249, 936192, 761

3,7034.21

136, 738

30, 248329

7,780

21,974

8,824

120, 481292, 699322, 716873, 286

47, 44749, 6315,705

1928

August

56, 888

909, 277949, 547

1, 002, 140

22, 36140, 749

30, 13066, 170

832, 632121, 152

143, 39155, 339

136, 175189, 164

.47

49, 40118, 72736, 541

101. 4985,597

21515, 788

83, 906.26

1,076

9,94489, 196

30, 54219, 332

24, 1598, 3673, 2466.18

161, 679101, 819

6,3434.45

160, 360

19, 941526

6,736

19, 081117, 162

24, 413

7,014

107, 202274, 366471, 175488, 161

82, 77334, 04911, 329

Septem-ber

49, 798

902, 414731,111

1, 071, 472

23, 85943, 578

24, 28471, 352

1,113,495168,963

117, 79044, 969

128, 071176, 879

.49

45, 15618, 22248, 66098, 3396,744

14117, 123

81, 833.27

939

8,54282, 255

27, 83717, 604

21, 8216,3513,4056.18

165, 682134, 259

5,5834.58

140, 388

18, 857322

5,662

17, 329113, 552

21, 572

8,530

89,047315, 722417, 983465, 386

66, 42826, 725

7,413

PER CENT IN-CREASE (+) ORDECREASE (— )

Sep-tember,

1929,from

August,1929

-6.6

-1.9-13.7+0.3

+8.9+26.4

+14.5+11.5

+122. 7

-18.7-18.9

-6.2— 6. 2+7.0

-16.9-17.8-2.6

3 2! -i: 4+105. 8+53.5

2 3+4.3

-18.0

15 9-6.1

-7.0+2.4

-10.1-8.4-7.4

0.0

-8.3+3.2

-19.7-2.1

-24.1

-9.7+31.6-3.6

-14.6

+8.3

+32.5-28.7-36.0+5.2

-46.9+4.7

-33.5

Sep-tember,

1929,fromSep-

tember,1928

+43.6

+13.2

+1.7

+19.4+4*. 2

+107.0+1.2

-30.0

-0.3-1.0

+23.8-1.5-6.1

-32.7-16.1-21.1+4 3

-26.9+101.4

-1.0

+3.4-11.1

+0.5

* 158-1.0

+7.4+69.8

+11.1+26.3-8.5-0.8

+50.9+43.6-33.7-8.1

-2.6

+60.4+2.2

+37.4

+1.9

+3.4

+35.3-7.3

-22.8+87.6

-28.6+85.7-23.0

CUMULATIVE TOTALFROM JAN. 1

THROUGH SEPT. 30

1928

10,146,964

9, 403, 731

189, 514

225,060

e 2, 683, 493770, 735

1, 185, 475463, 410

1, 592, 494

418, 154152, 078371, 064

53, 7771,929

68, 866

14, 192

29, 866

60, 430

1,591,129

2,83853, 141

e 144, 6888 910, 635

247,628

66,789

1, 182, 1522, 761, 9623, 600, 481

559, 008

76, 824

1929

10, 091, 719

9, 373, 485

200, 805

294, 578

6 3, 028, 493760, 956

1, 282, 259481, 634

1, 626, 018

302, 038141, 848344, 878

55, 5952,078

56, 914

13, 810

31, 387

53, 637

1,702,554

3,65761, 769

8 147, 166e 916, 195

269,737

69,865

1, 053, 8643, 766, 3143, 854, 402

659, 901

78, 405

Per ct.in-

crease(+)

or de-crease(-)

cumulative1929from1928 '

-0.5

-0.3

+6.0

+30.9

+12.9-1.3

+8.2+3.9

+2.1

-27.8-6.7-7.1

+3.4+7.7

-17.4

-2.7

+5.1

-11.2

+7.0

+28.9+16.2

+1.7+0.6

+8.9

+4.6

-10.9+36.4+7.1

+18.0

+2.18 Revised. 6 Cumulative through August 31

Page 42: Survey of Current Business November 1929MONTHLY BUSINESS INDICATORS, 1923-1929 [Ratio charts—see explanations on inside front cover. The curves on check payments, wholesale trade,

40

TREND OF BUSINESS MOVEMENTS—Continued

The cumulative* shown are throughSeptember, except where otherwisenoted. Earlier data for items shownhere may be found on pages 27 to 198of the August, 1929, "Survey"

FOODSTUFFS— Continued

Sugar— ContinuedPrices:

Wholesale, 96° centrif., N. Y.dolls. per lb._Wholesale, granulated, N. Y dolls, per IbRetail, granulated, N. Y dolls, per Ib..Retail average, 51 cities relative to 1913_.

Cuban movement (raw) :Receipts at Cuban ports long tonsExports long tonsStocks end of month long tons

Candy

Sales by manufacturers thous of dolls

CoffeeImports thous. of bags..Visible supply:

World thous of bagsUnited States thous of bags

Receipts, total, Brazil 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 dolls, per Ib

TeaImports thous. of IbsPrice, Formosa, fine, New York-.dolls. per lb_.

Cocoa

Shipments from the Gold andNigerian Coasts, Africa long tons .

Imports long tons _Spot price Accra New York dolls

TOBACCO

Production crop estimate thous of IbsConsumption (tax -paid withdrawals):

Large cigars thousandsSmall cigarettes thousands .Manufac. tobacco and snufL.thous. of lbs_.

Exports:Unmanufactured thous. of IbsCigarettes thousands .

Sales of loose-leaf, warehouses thous. of Ibs..Price, leaf, 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 tons..Suez Canal thous. of met 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 tonsMonongahela River short tons .Ohio River, tonnage originating (quarterly) :

Pittsburgh district thous of short tonsHuntington district thous. of short tonsCincinnati district thous. of short tonsLouisville district thous of short tonsTotal thous. of short tons

Ocean Traffic

Clearances, vessels in foreign trade:Total _ _ .thous. of net tons..American thous. of net tons _Foreign thous. of net tons..

Shipbuilding

Completed during month:Total gross tonsSteel seagoing gross tons..

Building or under contract, end of month:Merchant vessels thous. of gross tons..

World construction(quarterly) thous. of gross tons

World launchings(quarterly).. thous. of gross tons..

1939

May

0.036.049.056116

440, 821510, 217

1, 439, 050

27,047

860

5,335683

1,079

971503

.171

4,769.330

12, 46415, 394.1031

572, 41311, 168, 407

33,360

32, 753703, 045

44111. 692

2,5371,206

66713, 930

393201, 444

3,093775, 786878, 458123, 851

1, 070, 125328, 289

2, 450, 876

7,2772,8514,425

9,7753,804

268

June

0.035.049.056116|

196, 995356, 616

1, 298, 387

22, 774

817

5,352700

1,069

1,020488

.168

6,029.325

9,88914, 486.1069

556, 74610, 839, 673

32, 353

28,588784, 160

488.722

2,4241,186

59114, 076

387161, 143

2,590760, 431927, 933103, 934

1, 056, 795345, 995

2, 460, 644

8 3, 0708 1, 348

8 1338 1, 86986,426

7,6642,9854,679

37, 61614, 379

170

8 2, 838

8711

July

0.038.052.057116

153, 925428, 066978, 543

17, 962

864

5,448760

1,056

1,267634

.163

6,734.310

7,22418, 862.1069

589, 28210, 724, 403

32, 694

26, 266504, 565

2,5981,335

58314, 120

444175, 179

2,745628,041781, 31094, 141

1, 088, 912396, 514

2, 396, 993

8,0993,1764,923

21, 58515, 708

160

August

0.038.054.060

120

211, 090464, 310739, 068

26, 174

875

5,269685

1,191

1,242655

.161

7,019.310

5,23815, 922.1081

598, 58310, 930, 629

34, 470

41, 343659, 187

...

2,6811,311

63914, 085

380206, 188

2,762612, 943809, 32385,000

1, 080, 996330, 123

2, 500, 617

8,4283,2195,208

32,28921, 497

215

Septem-ber

0.040'.053.061-m

120, 530349, 972503, 592

34, 779

925

5, 227;689

1,266

1, 234642

.158'

8, 737.310

4,45910,481.1100

21,472,525

591, 73810, 350, 544

32, 260

55, 965558, 249

2,4331,194

60013, 358

389199, 955

574, 241775, 77291, 000

1, 144, 682364, 309

2, 374, 949

83,287« 1,862

817981,25186,579

7,5592,833

' 4,726

1928

August

0.041.055.063

129

182, 414348, 808829, 437

925

5,515793

1,181

1,057548

.173

8,086.325

4,01113, 461.1213

601, 87710, 627, 344

34, 981

26, 833860, 791

70, 57911. 580

2,4251,103

70713, 680

517148, 691

2,6021, 115, 6011, 359, 561

113, 903

1, 034, 775346, 670

2, 304, 619

8,3773,1735, 204

12, 5372,245

23£

Septem-ber

0.042.056.063

127

168, 638370, 339630, 548

1,655

5,378702

1,040

997570

.173

9,754.325

3,7246,388. 1163

3 1, 378, 139

586, 2679, 126, 271

31, 789

57, 509961, 827133, 718

7.871

2,3131,140

60212, 812

411130, 566

2,634996, 833

1, 150, 058148, 377

963, 766288, 629

2, 305, 681

82,93281,423

81398 1, 17885,673

7,3652,9124,453

27, 83324,483

242

82,521

8811

PER CENT IN-CREASE (+) ORDECRIA«E (— )

Sep-ember,1929,from

August,1929

+5.3-1.9+1.7+1.7

—42.9—24.6-31.9

+5.7

-0.8+0.6+6.3

-0.6-1.9-1.9

+24.50.0

-14.9-34.2+1.8

-1.1-5.3-6.4

+35.4-15.3

-9.3-8.9-6.1-5.2+2.4-3.0

-6.3-4.1+7.1

+5.9+10.4-5.0

+7.1+38.1+34.6-33.1+2.5

-10.3-12.0-9.3

Sep-tember,

1929,fromSep-

tember,1928

-4.8-5.4-3.2-3.9

-28.5-5.5

-20.1

-44.1

-2.8-1.9

+21.7

+23.8+12.6-8.7

10.4-4.6

+19.7+64.1-5.4

+0.9+13. 4+1.5

-2.9-42.0

|

+5.2+4.7-0.3+4.3-5.4

+53.1

-42.4-32.5-38.7

+18.8+26.2+3.0

+12.1+30.9+28.8+6.2

+16.0

+2.6-2.7+6.1

CUMULATIVE TOTALFROM JAN. 1

THROUGH SEPt. 30

1938

3, 599, 0873, 106, 407

9,338

10, 641

10, 1715,415

60, 790

172, 575143, 048

4, 687, 91079, 942, 901

293, 264

348, 5988, 525, 491

21,59510, 1096,075

61, 6702,275

e 950, 5776 21, 567

5, 206, 1515, 974, 1081, 031, 459

7, 458, 8612, 031, 547

19, 283, 211

58, 20622, 55235, 654

6120,1586166,258

6 1, 919

1939

4, 592, 9544, 058, 553

I

8,449

Perct.in-

crease(t}or de-

crease(-)

cumu-lative1929from1928

+27.6+30.7

9.5

10, 242

10, 2355,296

61, 051

192, 196173, 357

4, 816, 17190, 534, 149

290, 993

349, 7296, 751, 583

23, 54611,0116,192

73, 9752,053

1, 535, 7276 23, 122

3, 650, 4624, 388, 198

978, 509

8, 263, 0712, 354, 457

21, 253, 650

62,41323,80638, 606

6143,806673,502

61,584

-3.7

+0.6-2.2

+0.4

+11.4+21.2

+2.7+13.2-0.8

+0.3-20.8

+9.0+8.9+1.9

+20.0-9.8

+66.9+7.2

-61.9i -22.5

-5.1

+10.8! +15.9

+10.2

+7.2+5.6+8.3

+19.7+10.9

-17.5

2 As of Oct. 1. 3 Final estimate for 1928. 6 Cumulative through Aug. 31. 8 Quarter ending in month indicated

Page 43: Survey of Current Business November 1929MONTHLY BUSINESS INDICATORS, 1923-1929 [Ratio charts—see explanations on inside front cover. The curves on check payments, wholesale trade,

41

TREND OF BUSINESS MOVEMENTS—Continued

The cumulatives shown are throughSeptember, except where otherwisenoted. Earlier data for items shownhere may be found on pages 27 to 138of the August, 1929, "Survey"

TRANSPORTATION— ContinuedFreight Cars

Surplus (daily av. last week of month) :Total cars..Box carsCoal . cars..

Shortage (daily av. last week of month):Total cars

Box carsCoal cars

Car loadings:Total carsGrain and grain products . _cars__Livestock cars. _Coal and coke - carsForest products.. _ _cars__Ore carsMerchandise and 1. c. 1 .cars..Miscellaneous cars

Railroad OperationsOperating revenue:

Freight .. thous. of dolls ..Passenger.. thous. of dolls..Total operating thous. of dolls

Operating expenses thous. of dolls. .Net operating income _ _ -thous. of dolls..Freight carried mills ton-miles

Railway EquipmentLocomotives (Am. Ry. Assn.):

Owned, end of month-Quantity number--Tractive 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 . _ numberShipments, manufacturers' (Census)—

Total .number. .Steam, domestic numberElectric, domestic _ number _ _

Unfilled orders (railroads), end of mo. —From manufacturers.. number _ _In railroad shops .number . _

Unfilled orders, manufacturers' (Census) —Total number. _Steam, domestic numberElectric, domestic . _ number

Exports, steam _ number..Freight cars (Am. Ry. Assn.) :

Owned, end of month-Quantity thous. of cars_.Capacity mills, of lbs._

In bad order, end of month-Quantity carsPer cent of total in use per cent

New orders cars..Shipments-

Total carsDomestic cars _

Unfilled orders (railroads)—Total carsFrom manufacturers carsIn railroad shops ...cars..

Passengers cars:New orders carsShipments —

Total.- carsDomestic cars

Passenger TravelNational parks:

Visitors __ .. numberAutomobiles entered number..

Arrivals from abroad:Immigrants numberUnited States citizens number-

Departures abroad:Emigrants numberUnited States citizens number. .

Passports issued numberPullman company operations:

Revenue thous. of dollsPassengers carried . thousands

Trend of business in hotels:Room occupancy per ct. of capacity _.Average sale per occupied room dollars..

WarehousesPublic merchandise warehouses,

space occupied per ct. of total..

1929

May

222, 626109, 92464, 156

18

18

4, 205, 709152, 544105, 838690, 020277, 316283, 805

1, 053, 6881, 642, 498

412, 01868,896

537, 748390,977103, 61643, 027

58, 0522,549

7,80313.417726950

99922

26559

4443622214

2,267208, 850

144, 6346.5

8,364

8,4598,350

39, 84333, 5886,255

131

4844

102, 20721, 190

25, 71127, 169

4,98531, 50538, 175

6,4712,590

713.88

71.0

June

217,657116, 65755, 150

75

11

5, 260, 571215, 606116, 744842, 553347, 917379, 813

1, 273, 0022, 084, 936

390, 36079, 329

531, 743381, 596105, 96140, 725

57, 8762,546

7,45313.0158297181

78581

33455

5524892114

2,266208, 867

142, 0646.4

5,869

6,5176,514

39, 17334, 1455,028

176

9482

273, 05959, 412

22, 49028, 119

4,88142, 84629, 508

7,7633,000

663.97

71.0

July

197, 92396, 57758, 485

3

4, 153, 220246, 69691, 969

644, 715245, 036304, 962996, 357

1, 623, 485

416, 40579, 551

557, 568389, 262122, 78341, 991

57, 6352,541

7,68113.412036936

69393

36545

5394901832

2,267209, 095

137, 4956.2442

7,1096,963

36, 01431, 5904,424

97

6453

593, 324131, 511

20, 06837, 636

5,08656, 33918, 115

7,2302,939

633.94

71.2

August

158, 11287, 98531, 021

12

5, 590, 853315, 570121, 285916, 215343, 449378, 560

1, 307, 4172, 208, 357

446, 00184, 267

586, 563395, 686152, 23244,944

557,4775 2, 540

7,10612.415330646

129117

6

37025

4363921330

5 2, 2685 208, 897

134, 2536.0

2,585

7,8117,633

31, 67127,2894,382

149

7664

523, 623112, 574

22, 77870, 783

5,57170, 55111, 295

7, 9273,287

654.13

71.8

Septem-ber

118, 52372, 61212, 117

127

112

4, 538, 575199, 367123, 644811, 081251, 726274, 599

1, 048, 5791, 829, 579

57, 3562,540

7,66813.512724887

75607

32925

4293475520

2,266208, 999

132, 6116.0

4,257

7,6147,239

29, 31725, 5543,763

49677

220, 76649, 102

9,135

694.02

1928

August

201, 864114, 35547, 615

8

8

5, 348, 407288, 572126, 780874, 369332, 061321, 700

1, 290, 8442, 114, 081

5421,7715 85, 187

5 558, 751* 384, 5288 138, 728542,425

59, 7692,585

7,95413.411432070

34234

8119

2041352620

2,299210, 483

149, 2526.6767

5,2955,261

8,1775,6732,504

589

147144

499, 63398, 523

24, 62963, 191

6,48850, 3239,866

7,5933,312

634.09

67.9

Septem-ber

103, 90653, 17021, 809

279

159

54, 470, 5415 238, 4705 136, 9235 764, 880s 254, 527* 250, 969

5 1, 034, 95751,789,815

423, 34780,098

556, 044375, 646134, 51343, 778

59,6002,582

7,81513.2

93260

8

41282

9815

1781182733

2,296210, 335

148, 3336.6

1,236

3,2203,000

6,6193,8782,741

2

146143

222, 69844, 873

29, 31780, 233

8,09342, 1058,056

7,2973,081

683.98

66.1

PER CENT IN-CREASE (+) ORDECREASE (— )

Sep-tember,

1929,from

August,1929

-25.0-17.5-60.9

-18.8-36.8+1.9

-11.5-26.7-27.5-19.8-17.2

-0.20.0

+7.9+8.9

-17.0-19.0+89.1

-41.9-48.7+16.7

-11.10.0

-1.6—11 5

+323. 1-33.3

-0.1

-1.20.0

+64.7

-2.5-5.2

-7.4-6.4

-14. 1

+26.3+20.3

-57.8-56.4

-19.1

+6.2-2.7

Sep-;ember,

1929,fromSep-

tember,1928

+14.1+36.6-44.4

—54.5

—29.6

+1.5-16.4-9.7+6.0-1.1+9.4+1.3+2.2

-3.8-1.6

-1.9+2.3

+36.6-4.6

+82.9+114. 3+250. 0

+235. 7+66.7

+141. 0+194 1+103. 7-39.4

-1.3—0 6

-10.6-9.1

+244. 4

+136. 5+141.3

+342. 9

+37.3

-32.9-46.2

-0.9+9.4

+13.4

+1.5+1.0

CUMULATIVE TOTALFROM JAN. 1

THROUGH SEPT. 30

1928

38, 224, 7621, 841, 7161, 093, 8306, 659, 8782, 529, 1621, 465, 0639, 862, 727

14, 772, 386

1,0882,269

249

43528587

166

24, 636

33, 65032,763

1,704

817747

1, 910, 400327, 660

6 187, 9016 270, 426

« 47, 214« 327, 671

163, 319

« 54, 619« 22, 881

1929

39, 879, 5861, 857, 1271,011,1617, 163, 8182, 539, 4201, 862, 1749, 929, 971

15, 515, 915

1,2112,554

696

59248032

173

66,413

49, 58547,000

1,105

752684

1, 939, 910411, 055

6 174, 8176 290, 036

6 35, 1836 315, 645

171, 690

« 55, 8726 22, 515

Perct.in-

crease(t}

or de-crease(-)

cumu-lative

1929from1928

+4.3+0.8-7.6+7.6+0.4

+27.1+0.7+5.0

+11.3+12.6

+179. 5

+36.1+68.4-63.2

+4.2

+169. 6

+47.4+43.5

-35.2

-8.0-8.4

+1.5+25.5

-7.0+7.3

-25.5-3.7+5.1

+2.3-1.6

«Revised. « Cumulative through Aug. 31.

Page 44: Survey of Current Business November 1929MONTHLY BUSINESS INDICATORS, 1923-1929 [Ratio charts—see explanations on inside front cover. The curves on check payments, wholesale trade,

42

TREND OF BUSINESS MOVEMENTS—Continued

The cumulatives shown are throughSeptember, except where otherwisenoted. Earlier data for items shownhere may be found on pages 27 to 138of the August , 1929, "Survey'*

PUBLIC UTILITIES

Telephone companies:Operating revenues _ thous of dollsOperating income thous of dolls

Telegraph companies:Commercial telegraph tolls, thous. of dolls __Operating revenues thous. of dollsOperating income thous. of dolls

Gas and electric companies:Gross earnings ithous. of dollsNet earnings thous of dolls

Electric railways (212 companies) :Passengers carried thous. of persons .Average fare cents

ELECTRIC POWER

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 mills, of kw. hours..In central stations mills, of kw. hours. .

Electric power production (Canada):Total mills, of kw hoursBy water power mills, of kw. hours..Exported _ mills of kw. hours

Electric power, gross revenue. —thous. of dolls..Consumption of electrical energy:

By geographic divisions-United States rel to 1923-25New England rel. to 1923-25North Central rel. to 1923-25 .Middle Atlantic rel to 1923-25Southern rel. to 1923-25 _Western rel to 1923-25

By industry-All industry rel to 1923-25Chemical and allied

products rel to 1923-25Food and kindred

products rel. to 1923-25 .Rolling mills and steel

plants rel. to 1923-25Metal working plants rel to 1923-25Metal groups . rel. to 1923-24Leather and its

products rel. to 1923-25Lumber and its

products rel. to 1923-25Paper and pulp... . rel. to 1923-25Rubber and its £> • '

products.— rel. to 1923-25Shipbuilding rel to 1923-25Stone, clay, and glass.. _rel. to 1923-25. .Textiles rel. to 1923-25Automobiles, including

repair parts rel to 1923-25

EMPLOYMENT AND WAGES

Employment in factories:Massachusetts rel to 1919-23New York State rel to 1923New Jersey.. rel. to 1923Pennsylvania . rel to 1923Delaware rel. to 1923..Maryland _ rel to 1924Iowa. rel to 1923Illinois . rel. to 1925-27Wisconsin rel to 1923Ohio... rel to 1923Cleveland... rel. to Jan., 1921..Milwaukee numberNew York State _._ numberOklahoma. number

Total pay roll:New York State (weekly). .thous. of dolls..Oklahoma (weekly) thous of dollsWisconsin _ rel. to 1923..New York State rel . to 1923New Jersey ....rel. to 2923..Pennsylvania _ rel. to 1923Delaware... . rel to 1923Illinois rel. to 1925-27Employment,

Canada rel. to calendar year 1926..Omo construction. ...rel. to 1923..

Employment, trade-unions:United States per cent of totalCanada per cent of total

Anthracite mines:Employment rel. to 1923-25Pay roll _ rel. to 1923-25..

1939

May

76, 15818, 355

11, 85315, 0161,749

189, 75082, 500

792, 8948.221

8,0843,4834,601

3787,706

1, 4571,432

112165, 600

136.9123.3148.9130.4128.1144.7

136.9

129.2

122.6

172.2144.2154.8

95.2

111.1129.9

157.6135.2143.5129.9

161.8

78.887.51018579

91.6127.6103.799.1115

124.044, 067

484, 46434, 686

14, 5491,039110.196.5

1149488

105.7

116.2122.5

89.096.0

107.285.4

June

74, 62218, 194

11, 39614, 4461,516

183, 00079, 000

744, 3108.228

7,7683,0664,702

3627,406

1,3771,360

119162, 300

135.2123.5142.0129.5128. 4134.2

135.2

133.8

121.8

154.3143.4147.9

98.7

113.8137.3

158.1106.9170.3123.0

154.0

77.287.61018678

93.9130.8104.198.2116

123.943,814

484, 63736, 795

14, 5491,005107. 096.5114

1 93| 86I 107. 5

| « 122. 2» 132. 9

91.097.1

95.471.0

July

75, 14115, 905

11, 67914, 8431,528

178, 00071, 000

722, 2898.244

• 8, 014• 3. 055« 4, 959

368« 7, 646

1,4111,393

129159, 300

129.0113.4141.3120.5114.7129.4

129.0

127.0

129.9

144.4144.4144.2

82.0

103.2122.3

136. 7107.7154.7113.4

139.5

77.087.31028681

93.0129.7103.4100.3

116124.2

43, 761483, 142

34, 984

14, 398965

100.295.51118884

102.7

124.7139.6

91.097.0

85.656.

August

75, 89817, 601

12, 06715, 3161,688

179, 50073, 000

724, 8128,260

8,2592,8405,419

3907,869

1,4441,425

131

128.2108.7135.5127.9132.7127.0

128.2

125.0

132.2

150.9134.6140.7

102.2

102.3123.6

120.296.3

157.7110.0

143.0

77.887.7

1038784

93.0133.2105.199 2116

125.043, 736

485, 33038, 978

14, 5991,074105.396.81159390

106.0

127.8141.3

91.096.5

93.668.9

Septem-

704, 8188,260

135.8118.2140.6138.0126.3143.1

135.8

139.9

141.2

152.3147.4149.2

105.4

111.4127.0

133.7114.9165.7115.5

138.1

79.889.31048885

94.2133.4

115124.0

41, 555494,31138, 239

15,0631,015

99.91169188

126.8136.5

90.0

105.583.4

1928

August

68, 78415, 985

11, 53014, 3281,887

173, 95261, 810

736, 2238.121

7,5103,0364,474

3827,128

1,3141,298

146148, 200

120.8102.2132.4118.3112.8127.5

120.8

119.2

128.3

125.4125.8125.5

94.7

111.6129.1

138.467.3

135.397.3

143.2

74.282.5

918174

88.1124.096.397.9

106113.8

37, 385456, 30331, 137

13, 411877

108.7. 89.0

998376

96.3

119.3139.4

91.097.6

110.997.2

Septem-ber

68, 43216, 496

11, 01013,9111,918

179, 34668, 236

717, 8108.121

7,2762,7884,488

3556,927

• 1, 280« 1, 262

130156, 100

134.5115.3149.7136.0127.5150.8

134.5

132.0

142.0

141.2144.2143.0

106.9

111.3132.0

151.272.3

152.0112.5

161.0

75.684.3

948177

89.0124.097.797.1

109114.5

38, 077466, 35730, 812

13, 862865

106.592.0

1028377

119.1135.0

90.097.8

112.7112.5

PER CENT IN-CREASE (+) ORDECREASE (— )

Sep-tember,

1929,from

August,1929

-2.80.0

4-5.9+8.7+3.8+7.9-4.8

+12.7

+5.9

+11.9

+6.8

+0.9+9.5+6.0

+3.1

+8.9+2.8

+11. 2+19.3+5.1+5.0

-3.4

+2.6+1.8+1.0+1.1+1.2+1.3+0.2

-0.9-0.8-5.0+1.9-1.9

+3.2-5.5

+3.2+0.9-2.2-2.2

-0.8-3.4

—1.1

+12.7+21.0

Sep-tember,

1929,fromSep-

tember,1928

-1.8+1.7

+1.0+2.5-6.1+1.5-0.9-5.1

+1.0

+6.0

-0.6

+7.9+2.2+4.3

-1.4

+0.1-3.8

-11.6+58.9+9.0+2.7

-14.2

+5.6+5.9

+10.6+8.6

+10.4+5.8+7.6

+5.5+8.3+9.1+6.0

+24.1

+8.7+17.3

+8.6+13.7+9.6

+14.3

+6.5+1.1

0.0

-6.4-25.9

CUMULATIVE TOTALFROM JAN. 1

THROUGH SEPT. 30

1928

8 540, 570e 132, 545

6 85, 8646 107, 348

« 13, 658

6 1, 459, 3786 554, 432

6, 917, 365

»60,9876 23, 487« 33, 500

« 3, 516« 53, 512

e 10, 3086 10, 174

e 1, 043

1929

6 597, 3708 143, 193

« 91, 6326116,069

e 13, 186

6 1, 512, 2508 651, 500

6, 824, 911

8 63, 6656 24, 0286 39, 649

« 3, 0756 60, 590

« 11, 422• 11, 223

6954

Per ct.in-

crease(+)

or de-crease(-)

cumu-lative1929from1928

+10.5+8.0

+6.7+8.1-3.5

+3.6+17.5

-1.3

+4.4+2.3

+18.4

-12.5+13.2

+10.8+10.3-8.5

i l

.

s Revised. » Cumulative through Aug. 31.

Page 45: Survey of Current Business November 1929MONTHLY BUSINESS INDICATORS, 1923-1929 [Ratio charts—see explanations on inside front cover. The curves on check payments, wholesale trade,

43

TREND OF BUSINESS MOVEMENTS—Continued

The curnulatives shown are throughSeptember, except where otherwisenoted. Earlier data for items shownhere may be found on pages 27 to 138of the August, 1929, "Survey"

EMPLOYMENT AND WAGES-Con.

Federal civilian employees,Washington, D. C., end month number--

Average weekly earnings, factories:Illinois _ --- _ - - -. .dollars _New York State dollarsWisconsin dollars--Oklahoma dollarsMassachusetts rel to 1914New York rel. to 1914New Jersev .. -_rel. to 1923. _Pennsylvania rel. to 1923Delaware _ _ _-rel. to 1923. _Illinois rel. to 1925-27Wisconsin 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 hour..South Atlantic . cents per hour..East South Central cents per hour..West South Central. cents per hour..East North Central cents per hour _West North Central cents per hour..Mountain cents per hourPacific cents per hour..United States, average cents per hour..

Wage rates, U. S. Steel Corp cents per hour..Wages, steel sheet workers per cent of base..Applicants per 100 jobs, employment agencies:

United States numberEastern States number..Central States. number ..Southern States number. .Western States . .- numberIllinois number..Wisconsin number--Canada number..

Factory Labor Turnover

(Percentage of number on payroll)

Departures:Total per cent (annual basis) _ _Voluntary quits... per cent (annual basis). -Lay offs per cent (annual basis) ._Discharges percent (annual basis) ..

Accessions per cent (annual basis)..Industrial disputes:

Disputes ._ number.-Workers involved.. number..Man-days lost in month number

DISTRIBUTION MOVEMENT

Retail SalesMail-order houses:

Total sales, 2 houses thous. of dolls..Sears, Roebuck & Co thous. of dolls. _Montgomery Ward & Co. -thous. of dolls..

Ten-cent chain stores:Total sales (4 chains) thous. of dolls..Total stores operated (4 chains) —number..F. W. Woolworth & Co thous. of dolls..

Stores operated- _ ..number..S. S. Kresge Co... thous. of dolls..

Stores operated numberMcCrory Stores Corp _ ..thous. of dolls

Stores operated number..S. H. Kress & Co thous. of dolls..

Stores operated.. number..Metropolitan thous. of dolls

Stores operated.. ._ numberF. & W. Grand ...thous. of dolls..

Stores operated numberW. T. Grant Co thous. of dolls .

Stores operated numberRestaurant chains:

Total sales (3 chains) thous. of dolls.Stores operated number

Childs Co sa'es thous of dollsStores operated number

J. R. Thompson Co., sales.thous. of dolls..Stores operated. _ . _ _ _ „ _ number^

Waldorf System (Inc.),sales thous. of dolls

Stores operated number. _

1939

1

May

iI

63, 841

! 29. 05i 30. 03

26. 64! 29. 951 232 4

240.6

US111102. 4111.1

28.5431.4833.0425.5917.95

49.949.0

5042302631403745534050

»127.0

12612612619893

124106118

52.140.85.75.6

59.9

7358, 959

1, 578, 929

55, 00635, 12619, 880

49, 2022,728

28, 5781,767

12, 345531

3,263236

5,016194

1,360117

1,68888

5,089227

5, 025375

2,261114

1,403124

1,361137

June

63, 904

29.4630.0226.0327.31231.5240.5

113108108

103.8109.0

28.2831.1632.6625.4517.86

49.748.5

5142292632383747524050

•127.0

12812714018571

139120121

51.139.55.46.2

60.9

8718 54, 584

8 1, 526, 627

57, 70235, 74821, 954

44, 4012,744

23, 6091,775

12, 572537

3, 335238

4,885194

1,467120

1,88989

5,374241

4,763374

2,177114

1,313124

1,273136

July

63,372

28.1629.8023. 9627.57231.0238.8• 110

101102

100.0

28.0931.0132.5225.2317.54

49.648.8

4942302530403647533950

•127.0

131139141174

148115

8125

46.535.75.05.8

61.4

«80• 22, 008

5 1,150, 187

53, 30933, 50119, 808

42, 6042,767

22, 5221,789

11, 687542

3,300239

5,095197

1,337123

1,63590

4,524244

4,821372

2,259114

1,302124

1,260134

August

63, 632

28.5730.0826.5127.55234.2241.0

113107105

106.3

27.9430.6932.1825.0917.47

49.448.4

5142302530393748524050

•127.0

124136135178

£117111

848.5838.484.885.3

854.3

8115, 189

524, 099

60, 08835, 13324, 955

46, 6132,787

24, 4461,802

13, 001547

3,853240

5,317198

1,612131

1,73189

5,066252

5,151369

2,478113

1,331122

1,342134

Septem-ber

63,516

25.4030.47

26. 50234.4244.2

112104103

5143292531393748544150

127.0

11412113214867

136120

53.741.56.35.9

64.5

63, 07836, 95026, 128

43, 1682,816

22, 2531,815

11, 971560

3,582241

5,363200

1,471134

1,73190

4,777258

4,953367

2,348112

1,282122

1, 323133

1938

August

62,11

29.1329.3926.6028.15234.4235.5

109102102

99.9111.0

27.3530.3031.7724.7817.04

49.647.9

4841342529393850534250

125.5

12922313212169

138107109

42.331.95.15.3

55.7

42105, 760

3, 553, 750

45, 99428, 98617, 008

41,0492, 552

21,8121, 675

11, 272468

3,115224

4,85018599397

1,23674

3,996191

4,577369

2,217116

1,190121

1,170132

Septem-ber

62,010

28.3129.7226.3028.08230.9238.1

110101101

99.8109.7

27.7630.9332.4225.2717.33

49.848.2

4842242526383952544350

125.5

1071201269163

13010498

50.640.35.05.3

56.9

3462, 862

2, 571, 982

50,81430, 00420, 810

42, 9062,586

22, 6371,698

11, 914474

3,344224

5,011190

6 1, 109100

1,44376

4,708199

8 4, 591366

8 2, 191113

1,185121

1,215132

PER CENT IN-CREASE (+) ORDECREASE (— )

Sep-tember,

1929,from

August1929

-0.2

-11.1+1.3

-3.8+0.1+1.3-0.9-2.8-1.9

0.0+2.4-3.3

0.0+3.3

0.00.00.0

+3.8+2.5

0.00.0

—8.-11.0—2.2

-16.9—10 7-0.7+2.6

+10.7+8 1

+31.3+11.3+18.8

+5.0+5.2+4.7

-7.4+1.0-9.0+0.7-7.9+2.4-7.0+0.4+0.9+1.0-8.7+2.3

0.0+1.1-5.7+2.4

-3.8-0.5-5.2-0.9-3.7

0.0

-1.4-0.7

Sep-tember,

1929,fromSep-

tember,1928

+2.4

-10.3+2.5

-5.6+1.5+2.6+1.8+3.0+2.0

+6.3+2.4

+20.80.0

+19.2+2.6-5.1-7.7

0.0-4.7

0.0+1.2

+6.5+0.8+4.8

+62.6+6.3+4.6

+15.4

+6.1+3.0

+26.0+11.3+13.4

+24.1+23. 2+25.6

+0.6+8.9-1.7+6.9+0.5

+18.1+7.1+7.6+7.0+5.3

+32.6+34.0+20.0+18.4+1.5

+29.6

+7.9+0.3+7.2-0.9+8.2+0.8

+8.9+0.8

CUMULATIVE TOTALFROM JAN. 1

THROUGH SEPT. 30

1938

379, 727231, 365148, 362

354, 510

190, 310

96, 560

26, 901

41,739

8,282

10, 297

33, 726

41, 172

19, 584

10,854

10, 742

1939

492, Oil298, 312193, 699

383, 640

205, 029

104, 304

29, 764

44,548

11, 207

14, 245

41, 236

43,859

20,404

11, 645

11,812

Perct.in-

crease(+)

or de-crease(-)

cumu-lative1929from1928

+29.6+28.9+30.6

+8.2

+7.7

+8.0

+10.6

+6.7

+35.3

+38.3

+22.3

+6.5

+4.2

+7.3

+10.0

^Revised.

Page 46: Survey of Current Business November 1929MONTHLY BUSINESS INDICATORS, 1923-1929 [Ratio charts—see explanations on inside front cover. The curves on check payments, wholesale trade,

TREND OF BUSINESS MOVEMENTS—Continued

The cumulatives shown are throughSeptember, except where otherwisenoted. Earlier data for items shownhere may be found on pages 27 to 138of the August, 1929, "Survey"

DISTRIBUTION MOVEMENT-Con.

Retail Sales— Continued

Other chain stores:Isaac Silver & Bros thous. of dolls..

Stores operated numberJ. C. Penny Co thous. of dolls

Stores operated numberG. C. Murphy Co thous. of dolls..

Stores operated numberInstallment sales in New England

dept. stores, ratio to total sales per cent..

Adver Using

Magazine advertising thous of linesMagazine advertising, total cost.thous. of dolls..Newspaper advertising. .thous. of lines..Radio broadcast:

Cost of facilities thous. of dollsNational advertising in newspapers:

Total thous. of linesPassenger cars thous. of linesTires, trucks, and

accessories. _ -thous. of linesFinancial thous. of lines..Building materials thous. of linesElectrical appliances,

supplies _ thous. of linesFoods and beverages .thous. of lines..Heating and plumbing

equipment thous. of lines .Medical thous. of lines..Radio thous. of linesTobacco thous. of lines..Toilet requisites ._ thous. of linesTransportation _ _ .thous. of lines. .All other thous. of lines

Postal BusinessPostal receipts:

50 selected cities thous. of dolls..50 industrial cities thous of dolls

Money orders:Domestic issued (50 cities)—

Quantity thousandsValue.. thous. of dolls -

Domestic paid (50 cities)—Quantity.. _ thousands .Value ._ thous. of dolls..

Air mail, weight dispatched pounds..

BANKING AND FINANCE

Life Insurance(Association of Life Insurance Presidents)

Policies and certificates, new (44 companies):Ordinary number of policiesIndustrial. number of policiesGroup number of certificatesTotal policies and certificates number..

Amount of new insurance (44 companies) :Ordinary thous. of dolls..Industrial thous. of dollsGroup _ thous. of dolls..Total insurance ... thous. of dolls

Premium collections (44 companies):Ordinary _ thous. of dolls .Industrial thous. of dollsGroup thous. of dollsTotal thous of dolls

Admitted life insurance assets (40 companies) :Grand total mills, of dolls..Mortgage loans-

Total mills of dollsFarm mills of dollsAll other mills of dolls

Bonds and stocks (book value) :Total . . mills, of dollsGovernment mills of dollsRailroad mills of dollsPublic utility mills of dollsAll other mills of dolls

Policy loans andpremium notes mills of dolls

(Life Insurance Sales Research Bureau)Sales of ordinary life insurance:

United States total thous. of dolls. .Eastern manuf. dis thous. of dolls _.Western manuf. dis thous. of dolls__Western agric. district- -thous. of dolls..Southern district thous. of dolls. .Far western district thous. of dolls..

Canada total, 15 companies. thous. of dolls..

1929

May

56637

16, 0901,1091,192

143

6.1

3,12019, 310

113, 242

1,563

61, 5488,757

7,3978,1761,148

1,5538,837

6503,8102,1485,1712,9364,2636,704

32, 4463,339

3,70238, Oil

11, 69390, 363

587, 471

293, 458888, 46245,455

1, 227, 375

801, 698240, 501109, 827

1, 152, 026

174, 27852, 2187,691

234, 187

13, 373

5,7501,5994,151

5,0851,0332,4981,256

298

1,630

873, 490352, 208200, 638125, 716102, 47592, 45351,283

June

61339

17, 1211,2151,229

145

4.1

2,89517, 756

101, 200

1,309

56, 1186,603

7,9267,485

632

1,7638,230

3812,8301,8854,2643,1234,6676,291

29,2803,061

3,54536, 198

11,22386,958

593, 254

277, 615880, 77066, 353

1, 224, 738

750, 228242, 166106, 589

1, 098, 983

158, 73355, 8017,345

221, 879

13, 469

5,7921,5994,193

5,1191,0482,5071,261

303

1,652

829, 202334, 551189, 447125, 34997, 10482, 75154,700

July

65041

14, 5541,2151,148

145

6.7

2,34615, 43783, 930

1,312

48,0236,219

7,5658,672

275

1,0936,676

3192,2852,5152,4842,5923^7563,572

29,0693,189

3,60237, 120

10, 74186, 573

645, 653

273, 099809, 11072, 923

1, 155, 132

722, 451223, 680147, 658

1, 093, 789

169, 77357, 93211,494

239, 199

13, 594

5,8491,6074,242

5,1711,0482,5171,267

339

1,670

796, 900319, 437182,763121, 22490,95482, 52256,078

August

71843

16, 4911,2921,273

148

12.5

1,97812, 07685, 136

1,330

44, 0947,088

6,7456,304

274

8885,895

4222,1903,0172,1072,3723,1212,672

29, 2513,289

3,51037, 027

10, 86288, 806

• 701, 538

273, 484795, 45140, 622

1, 109, 557

698, 196219, 14499, 773

1, 017, 113

154, 20656, 1437,129

217,478

13, 691

5,8871,6004,287

5,1881,0622,5261,274

326

1,688

765, 702300, 810177,990116, 74990, 52679, 62742,468

Septem-ber

67943

18, 2431,3371,336

150

2,54216, 063

105, 702

1,599

52, 8696,884

5,5027,457

775

1,5606,440

7722,0196,2053,2173,0202,3215,686

30, 5493,303

3,40735, 916

10, 32886, 974

655, 689

245, 018805, 62321, 799

1, 072, 440

608, 839221,00675, 151

904, 996

143, 07856, 7736,485

206, 336

13,798

5,9251,6004,325

5,2081,0702,5271,281

330

1,707

677, 104261, 657161, 222104, 53477,81071,88143, 911

1928

August

46026

12,877982873118

12.1

1,80011, 43783, 240

676

39, 1677,064

5,6814,796

400

8875,802

4762,2141,0092,7091,9492,4673,715

27, 9513,115

3,16532,886

10, 18381, 180

419, 047

245, 081740, 37124,605

1, 010, 057

626, 594193, 36556, 926

876, 885

143, 38650,2285,705

199, 319

12,406

5,3821,6023,780

4,704927

2,4111,138

228

1,486

702, 275273, 055163, 568104, 28786,28875, 07743,503

Septem-ber

51229

16, 4781,0061,046

119

8.2

fi 2, 30214, 349

« 99, 839

814

43, 4026,720

4,6965,821

811

8955,678

9792,9203,7592,0062,1391,7845,245

29, 2613,074

2,87932, 382

9,74879, 877

423, 991

214, 010770,41652, 943

1, 037, 369

534, 112198, 949277, 943

1, Oil, 004

135, 74349, 3435,738

190,824

12, 510

5,4291,6043,825

4,718930

2,4061,151

231

1,497

578, 193218, 788136, 37990, 91671,37160, 73938, 872

PER CENT IN-CREASE (+) ORDECREASE (— )

Sep-tember,

1929,from

August,1929

-5.40.0

+10.6+3.5+4.9+1.4

+28.5+33. 0+24.2

+20.2

+19.9-2.9

-18.4+18.3

+182. 8

+75.7+9.2

+82.9-7.8

+105. 7+52.7+27.3-25.6

+112. 8

+4.4+0.4

-2.9-3.0

-4.9-2.1-6.5

-10.4+1.3

-46.3-3.3

-12.8+0.8

-24.7-11.0

-7.2+1.1-9.0-5.1

+0.8

+0.60.0

+0.9

+0.4+0.8

0.0+0.5+1.2

+1.1

-11.6-13.0-9.4

-10.5-14.0-9.7+3.4

Sep-tember,

1929,fromSep-

tember,1928

+32.6+48.3+10.7+32.9+27.7+26.1

+10.4+11.9+5.9

+96.4

+21.8+2.4

+17.2+28.1-4.4

+74.3+13.4

-21.1-30.9+65.1+60.4+41.2+33.9+8.4

+4.4+7.4

+18.3+10.9

+5.9+8.9

+54.6

+14.5+4.6

-58.8+3.4

+14.0+11.1-73.0-10.5

+5.4+15.1+13.0+8.1

+10.3

+9.1-0.2

+13.1

+10.4+15.1+5.0

+11.3+42.9

+14.0

+17.1+19.6+18.2+15.0+9.0

+18.3+13.0

CUMULATIVE TOTALFROM JAN. 1

THROUGH SEPT. 30

1938

4,066

112, 842

7,481

137, 812859, 234

6,623

371, 93061, 676

38, 63055, 0534,997

7,62151, 979

4,18530, 74810, 45224, 48220, 86121, 30839, 874

271, 46329, 453

30,004305, 520

96, 127742, 599

2, 110, 571

2, 173, 7857, 723, 607

369, 88810, 266, 780

6, 061, 7712, 009, 999

986, 3109, 058, 080

1, 382, 661460, 79767, 877

1,911,335

1929

5,213

129, 935

10, 213

146, 451897, 348

12, 903

440, 71065, 998

49, 16665, 8515,332

10,50056, 294

4,32033, 53422, 46728,17624, 56926, 21246,246

278, 93029,964

32, 682331, 946

100, 640784, 575

5, 131, 498

2, 398, 4688, 132, 278

414, 94610, 945, 692

6, 548, 8272, 174, 377

833, 2939, 556, 497

1, 469, 492496, 55682, 593

2,048,641

1

6, 563, 5452,681,7171, 461, 681

994,973779,978645,196413,419

7, 155, 2742,935,9241, 651, 7201, 042, 554

807,444717, 632449, 197

Per ct.in-

crease(+)

or de-crease(-)

cumu-lative1929from1928

+28.2

+15.1

+36.5

+6.3+4.4

+94.8

+18.5+7.0

+27.3+19.6+6.7

+37.8+8.3

+3.2+9.1

+115.0+15.1+17.8+23.0+16.0

+2.8+1.7

+8.9+S.G

+4.7+5.7

+143. 1

+10.3+5.3

+12.2+6.6

+8.0+8.2

-15.5+5.5

+6.3+7.8

+21.7+7.2

+9.0+9.5

+13.0+4.8+3.5

+11.2+8.7

«Revised.

Page 47: Survey of Current Business November 1929MONTHLY BUSINESS INDICATORS, 1923-1929 [Ratio charts—see explanations on inside front cover. The curves on check payments, wholesale trade,

45

TREND OF BUSINESS MOVEMENTS—Continued

The cumulatives shown are throughSeptember, except where otherwisenoted. Earlier data for items shownhere may be found on pages 27 to 138of the August, 1929, "Survey"

BANKING AND FINANCE-ContinuedBanking

Check payments:New York City 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 dollsTotal investments mills, of dollsTotal reserve mills of dollsTotal deposits mills of dollsReserve ratio per cent

Federal reserve member banks:Total loans and discounts mills of dollsTotal investments mills of dollsNet demand deposits mills of dolls

Brokers' loans, end of month:To N. Y. Stock Ex. members-

Total mill*; of dollsRatio to market value per cent

By New York F. R. memberbanks. mills, of dolls. .

Interest rates:Time loans, 90 days _ per cent..Call loans, renewal per centPrime com. paper (4-6 mos.) per cent..Prime bankers' acceptances per centN. Y. Fed. Res. Bank (redis.).__per cent..Federal land banks per centIntermediate credit banks ...per cent..

Deposits, New York State savingsbanks end of month mills of dolls

Public FinanceGovernment debt, gross, end mo.mills. of dolls. _Customs receipts thous. of dolls..Total ordinary receipts ._ _ thous. of dollsExpenditures chargeable to

ordinary receipts thous. of dollsU. S. money in circulation:

Daily average mills, of dolls

Gold- Gold and Silver

Domestic receipts at mint fine ounces..Rand output fine ouncesMonetary stock of U. S.—

daily average mills, of dollsImports thous. of dollsExports thous. of dolls..

Silver: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 dolls..Exports thous. of dollsPrice at New York dolls, per fine oz

Business FailuresLiabilities:

Total commercial thous of dollsManufacturing

establishments thous. of dollsTrade establishments . thous. of dollsAgents and brokers thous. of dolls. .Banks (quarter) thous. of dollsCanada thous. of dolls..

Firms:Total commercial _ numberManufacturing establishments. . .number..Trade establishments number. .Agents and brokers _ number..Banks (quarterly) ._ numberCanada _ number..

By groups:Manufacturers-

Metals numberTextiles- number..Lumber numberChemicals numberPrinting and engraving number..Foodstuffs number..Leather, etc numberLiquors and tobacco number..Stone, clay, and glass number..All other. . _ number

Traders-General stores - .. numberFoods and tobacco . . numberClothing numberHousehold furniture number..Chemicals and paints _ . numberBooks and paper. ' numberAll other number..

1929

May

50,04326, 5202,097

9881,654

2702,9702,33174.5

16, 2025,799

12, 791

6,6659.39

5,288

8.758.916.005.505.005.13

55.56

4,418

17, 16748, 279

166, 722

225, 269

4,684

70, 520897, 598

4,29224, 098

467

5,0801,560

1,105360

4,6027,485.541

41, 216

18, 95418, 1914,071

4,416

1,897515

1,266116

164

3067

103111535151212

215

863852282146013

280

June

43, 26326, 4231,817

1,1251,736

2268,0412,43872.9

16, 9255,560

13, 293

7,0719.15

5,769

8.137.706.005.505.00

55.2055.62

4,459

16, 93152, 401

765, 882

420,473

4,687

73, 468856, 029

4,31130, 762

550

4,9761,146

1,382543

5,0225,445.524

31, 375

12, 72113, 9314,723

8 54, 4583,758

1,767496

1,154117

8 148154

4047

1071923451236

194

683732022005013

248

July

49, 21528, 4442,108

1,0761,779

2323,1092,39874.4

17, 0585,549

13, 395

7,4738.87

5,960

7.759.236.005.135.005.29

55.67

4,434

16, 83252,144

169, 473

349, 825

4,764

92, 256889, 480

4,33535, 524

803

4,5231,910

682339

4,7236,784.525

32, 426

12, 76714, 6055,053

2,441

1,752461

1,190101

176

3963886

15311079

193

68406201180545

276

August

49, 03428, 339

1,937

9741,829

3283,1492,34875.4

16, 9505,456

12,985

7,8828.79

6,217

8.888.236.135.136.005.31

55.67

4,426

16, 80556, 427

174, 502

210, 725

4,777

100, 387889,000

4,35119, 271

881

55,8062,744

1,074880

7,3458,522.526

33, 746

13, 85716, 0023,888

1, 376

1,702482

1,163117

132

3548

102111134466

225

723991631796415

271

Septem-ber

50, 34227, 3141,884

9311,851

4843,1412,47172.7

17, 4285,401

13, 295

8,5499.82

6,804

8.888.506.255.136.005.445.67

4,457

16, 72052, 612

670, 736

399, 068

4,811

77, 029849, 000

4,36818, 9911,205

4,1722,081

1,112914

4,1114,374.510

34, 125

14, 91416, 6602,551

8 74, 1802,423

1,568427

1,039102881164

2948778

10381139

194

603631681275411

256

1928

August

35, 10223, 4011,813

1,0391,651

3942,7652,32569.5

15, 7296,405

12, 871

5,0518.80

4,235

6.256.875.384.635.005.044.84

4, 299

17, 64852, 797

173, 495

308, 594

4,743

98, 769891, 863

4,1182,4451,698

4,7762,252

263720

6,4969,246.589

58, 202

16, 87719, 09622, 229

2,584

1,852493

1,241112

136

3659604

235186

10237

544232101717111

307

Septem-ber

38, 72524, 4501,681

1,0261,704

5452,7512,41466.8

15, 9526,401

13, 226

5 5, 5139.29

4,570

7.007.265.634.505.005.045.12

4,352

17, 36750, 410

557, 398

482, 600

4,804

83,247857, 731

4,1254,2733,810

4,0872,177

8721,4575,7396,229.575

33, 957

14, 72713, 5675,662

8 20, 8105 2, 632

1,635454

1,073108855

5119

35747386

241543

212

603761681874313

226

PER CENT IN-CREASE (+) ORDECREASE (— )

Sep-tember,

1929,from

August,1929

+2.7-3.6-2.7

-4.4+1.2

+47.6-0.3+5.2—3. 6

+2.8

+2! 4

+8.5+11.7

+9.4

0.0+3.3+2.0

0.00.0

+2.40.0

+0.7

-0.5-6.8

+284. 4

+89.4

+0.7

-23.3-4.5

+0.4-1.5

+36.8

-28.1-24.2

+3.5+3.9

-44.0-48.7-3.0

+1.1

+7.6+4.1

-34.4+36.2+76.1

-11.0-11.4-10.7-12.8-45.3+24.2

-17.10.0

-24.5-27.3-9.1

+11.8+175. 0-50.0+50.0-13.8

-16.7-9.0+3.1

-29.1-15.6-26.7-5.5

Sep-tember,

1929,fromSep-

tember,1928

+30.0+11.7+12.1

-9.3+8.6

-11.2+14.2+2.4+8.8

+9.3-15.6+0.5

+55.1+5.7

+48.9

+26.9+17.1+11.0+14.0+20.0+7.9

+10.7

+2.4

-3.7+4.4

+20.3

-17.3

+0.1

-7.5-1.0

+5.9+344. 4-68.4

+2.1-4.4

+27.5-37.3-28.4-29.8-11.3

+0.5

+1.3+22.8-54.9

+256. 5-7.9

-4.1-5.9-3.2-6.6

+47.3+37.8

-17.1-35.1+5.5

0.0+66.7+58.3-26.7-25.0

+200.0-8.5

0.0-3.5

0.0-32.1+25.6-15.4+13.3

CUMULATIVE TOTALFROM JAN. 1

THROUGH SEPT. 30

1928

356, 825222, 95116, 732

411, 5202, 938, 160

2, 785, 904

679, 6617, 728, 631

100, 026535, 216

41, 76815, 003

50,23263, 966

373, 194

135, 759171, 87665, 55886, 56527,681

18, 0384,379

12, 5761,077

2561,327

33456066466

1343741175174

2,005

7513,7972,4782,202

598115

2.632

1929

446, 309244, 61517, 505

461, 6673, 180, 322

2, 771, 957

660, 6657, 811, 495

255, 2939,938

44, 99115, 032

48, 91361, 035

332, 427

127, 218165, 59639, 615

166, 14722, 240

17, 2544,484

11, 6961,074

3101,473

317514847

991403611105974

1,963

7703,7242,0202,049

547111

2.475

Per ct.in-

crease(t}

or de-crease(-)

cumu-lative1929from1928

+25.1+9.7+4.6

+12.2+8.2

-0.5

-2.8+1.1

+155. 2-98.1

+7.7+0.2

-2.6-4.6

-10.9

-6.3-3.7

-39.6+91.9-19.7

-4.3+2.4-7.0-0.3

+21.1+ 11.0

-5.1-8.2

+27.6+50.0+4.5-3.5-6.0

+ 15.70.0

-2.1

+2.5-1.9

-18.5-6.9-8.5-3.5-6.0

5 Revised. 8 Quarter ending in month indicated.

Page 48: Survey of Current Business November 1929MONTHLY BUSINESS INDICATORS, 1923-1929 [Ratio charts—see explanations on inside front cover. The curves on check payments, wholesale trade,

46

TREND OF BUSINESS MOVEMENTS—Continued

The cumulatives shown are throughSeptember, except where otherwisenoted. Earlier data for items shownhere may be found on pages 27 to 138of the August, 1929, "Survey"

BANKING AND FINANCE— Continued

Dividend and Interest Payments

Grand total tlious. of dollsInterest payments tbous. of dollsDividend payments:

Total thous. of dollsIndustrial and" misc.. thous. of dollsSteam railroads thous. of dollsStreet railways thous. of dolls

New Security Issues

Foreign loans in the U. S thous. of dolls..Foreign governments thous. of dollsTotal corporation __thous. of dolls

Purpose of issue-New capital thous. of dollsRefunding thous. of dolls..

Type of security-Stocks _ . .thous. of dollsBonds and notes thous. of dolls..

Class of industry —Railroads thous. of dolls__Public utilities thous. of dollsIndustrials .thous. of dolls. _Oil thous. of dollsLand and buildings thous. of dolls..Shipping and misc.. .thous. of dolls. _

States and municipalities:Permanent loans ... _ .thous. of dolls. _Temporary loans thous. of dolls

Tax-exempt securities outstand-ing, end of month ._ mills, of dolls..

Agricultural Finances

Loans outstanding, end mo.:Federal farm loan banks — thous. of dolls..Joint-stock land banks . .thous. of dolls. _Federal intermediate credit

banks thous. of dolls _

Stocks and Bonds

Stock prices, average daily closing:25 industrials, average dolls, per share..25 railroads, average dolls, per share. .Southern cotton mills dolls, per share..103 stocks average dolls, per share

Stock prices, average weekly closing:Industrials, rails, and utilities,

(405) rel. to 1926All industrials (338) . rel. to 1926All railroads (33) rel. to 1926All utilities (34) rel. to 1926Automobiles and trucks (13) rel. to 1926..Automobile tires and rubber

goods (7) rel. to 1926Airplane (10) rel. to 1926Agricultural imp^ments (4) ...rel. to 1926_.Chain stores (17) .. rel. to 1926 .Copper and brass (9) rel. to 1926Food, other than meat (20) rel. to 1926. _Machinery and machine equip-

ment (10) rel. to 1926Oil producing and refining (16) .rel. to 1926._Railroad equipment (9) rel. to 1926..Rayon (5) rel to 1926Steel and iron (10) rel. to 1926Textiles (30) .. rel. to 1926Theaters, motion pictures, and

amusements (7) rel. to 1926Tobacco and tobacco products

(10) rel. to 1926Traction, motor transportation,

etc (9) rel. to 1926. .Stock yields:

Total common (90) - . per cent.Industrials (50) per centPublic utilities (20) per centRailroads (20) per cent

Preferred, high grade industrial(20) per cent

Stock sales, N. Y. Stock" Exch.thous. of shares..Bond sales:

Miscellaneous thous. of dolls _ _Liberty-Treasury ..thous. of dolls..Total thous. of dolls..

1939

May

398, 000237, 000

161, 000124, 50028, 9007,600

55, 320

1, 313, 893

920, 046390, 847

869, 271444, 622

105, 308342, 919459, 21536, 10248, 857

319, 290

190, 22260, 118

17, 437

1, 204, 128599, 413

69, 326

363. 37128. 9596.7776.26

187.8192.6138.7212.3260.5

194.41, 147. 0

399.8148.3279. 8172.0

160.8146.3138.2143.4185.3127.0

140.1

139.1

85.8

3.373.372.484.79

5.4591, 279

225,7168,851

234, 567

June

558, 200386, 400

171, 800136, 00029, 3006,500

144, 6266,000

630, 102

613, 88016, 222

357, 982272, 120

91, 350129, 552105, 20545, 64140, 843

217, 511

162, 16848, 109

17, 523

1, 204, 916597, 956

68, 101

372. 70134. 3795.1582.50

190.7191.0144.8233.0241.7

184.81, 069. 0

380.5144.5270.8175.6

159. 4144.1141.7138.0188.2122.4

133.4

135.1

83.7

3.383.512.224.62

5.4969, 548

227, 6769,848

237, 524

July

863, 356515, 156

348, 200250, 000

55, 00013, 100

8 48, 703

860, 747

801, 45359, 294

648, 504212, 243

27. 580319, 796127, 62117, 63941, 269

326, 844

« 86, 53859, 321

« 17, 556

1, 204, 363596, 403

68, 981

414. 04149. 2792.4586.25

207.2202.7160.0272.8241.0

184.91,131.0

418.6148.0280. 8189.1

171.8149.1148.5126.6211.5120.3

139.0

139.1

83.0

3. 163.361.954.17

5.5293, 379

295, 57713, 330

308, 907

August

377, 000201, 000

176, 000132, 00037, 1006,900

20, 25015, 000

776, 222

751, 17725, 045

658, 090118, 132

660111,86591, 2822,105

35, 503534, 808

« 80, 158« 86, 164

17, 635

1, 203, 806594, 87d

68, 882

431. 20151. 2990.4190.35

218.1210.3165.4304.3240.8

169.51, 130. 0

423.9148.7288.9186.7

177.2157.5157. 8126.2238.4118.1

142.5

141.6

83.1

3.013.261.784.04

5.5495, 705

251, 2878, 510

259, 797

Septem-ber

''•

480, 600292, 000

188, 600152, 00029, 500

7, 100

13, 1681

8,0001, 507, 376

1, 200, 784!306, 592,

1, 265, 387241, 989

81, 520|380, 291280, 07851, 0006,501

707, 987

92, 81044, 525

18, 277

1, 202, 490593, 388

72, 204

448. 78152. 2689. 37s82.47

225.2216.1168. li321. 024.09

163.4994.4444.8154.6294.4191.1

191.4166.7157.6119.8243.9114.1

145.2

141.5

84.7

2.923.191.693.96

5.52100, 056

210, 9959,267

220, 262

1938

August

335, 800182, 000

153, 800112,10035, 2006,500

199, 426

180, 71618, 710

73, 892125, 534

13, 72697, 77632, 989

30, 25644, 678

78, 44563, 543

16, 865

1, 187, 365608, 706

66, 978

267. 16121. 57104. 8276.59

148.3152. 6126.5147.9244.7

IIP. 3591.5281.7142.9155.2158.1

135. 4112.6123. 6165. 1143.6120.5

116.6

137.6

95.7

4.013.963.395.08

5.4367, 704

173, 5619,988

183, 54

Septem-ber

5 41 3, 250« 262, 000;5 151, 250:« 121, 100

8 23, 400 16 6, 750i

108, 94943, 500

428, 184

391, 15837, 026|

172, 047256, 137

202, 239|98, 234

57, 51770, 194

70, 17073. 419

16, 897

1, 189, 345608, 451

68, 619

283. 99124. 82103. 3178.49

156.6162.2129.6155.8270.0

127.6693.7301.3150.5172.0167.1

139.4115.7129.5160.7155. 8125.9

135.1

142.5

99.5

3.783.723.144.98

5.4190, 907

190, 582! 10, 4671 201, 049

PER CENT IN-CREASE (-}-) ORDECREASE (— )

Sep-tember,

1929,from

August,1929

+27.54-45.3

+7.2+15.2-20.5+2.9

-35.0—46.7+94.2

+59.9

+92.3+104. 8

+240. 0+2C6. 8

-81.7+32.4

+15.8-48.3

+3.6

-0.1-0.3

+4.8

+4.1+0.6-1.2-8.7

+3.3+2.8+1.6+5.5

0.0

-3.6-12.0+4.9+4.0+1.9+2.4

+8.0+5.8-0.1-5.1+2.3

| -3.4

+1.9

-0.1

+1.9

-3.0-2.1

| -5.1-2.0

-0.4+4.5

-16.0+8.9

1 -15.2

Sep-tember,

1929,fromSep-

tember,1928

+16.3+11.5

+24.7+25.5+26.1+5.2

-87.9-81.6

+252. 0

+207. 0+728. 0

+635. 5-5.5

+88.0+185. 1

-88.7

+32.3-39.4

+8.2

+1.1-2.5

+5.2

+58.0+22.0-13.5+5.1

+43.8+33.2+29.7

+106. 0-10.8

+28.1+43.3+47.6+2.7

+71.2+14.4

+37.3+44.1+21.7-25. 5+56.5-9.4

+7.5

-0.7

-14.9

-22.8-14.2-46.2-20.5

+2.0+10.1

+10.7-11.5+9.6

CUMULATIVE TOTALFROM JAN. 1

THROUGH SEPT. 30

1928 ! 1929

j

4, 402, 8642, 697, 754

1,705,1101, 250. 580

288, 48086, 050

1, 189, 544583, 370

5, 343 479

2, 780, 5641, 562, 915

2, 044, 2083, 299, 271

544, 6312, 067, 5011,059,112

102, 327606, 501969, 177

1, 001, 621593, 562

4, 986, 5013, 009, 201

1, 977, 3001,471,300

324, 50090, 500

568, 55464, 750

8, 656, 197

7, 697, 7571, 255, 440

6, 164, 0852, 622, 112

561, 0092, 229, 6511, 830, 390

350, 515471, 497

3, 157, 907

970, 399645, 213

|

Perct.in-

crease(+)

or de-crease(-)

cumu-lative1929from1928

+13.3+11.5

+16.0+17.6+12.5+5.2

-52.2-88.9+62.0

+176. 8-19.7

+201. 5-20.5

+3.0+7.8

+72.8+242. 5

-22. 3+225. 8

-3.1+8.7

1 i :i

! ||

j - —

i

i "

._

! ;

|

613, 202

2, 155, 943138, 850

2, 294, 793

827, 002

2, 028, 34095, 201

2, 123, 541

+34.9

-5.9-31.4-7.5

«Revised.

Page 49: Survey of Current Business November 1929MONTHLY BUSINESS INDICATORS, 1923-1929 [Ratio charts—see explanations on inside front cover. The curves on check payments, wholesale trade,

47

TREND OF BUSINESS MOVEMENTS—Continued

The cumulatives shown are throughSeptember, except where otherwisenoted. Earlier data for items shownhere may be found on pages 27 to 138of the August, 1929 f "Survey"

BANKING AND FINANCE— Continued

Stocks and Bonds— Continued

Bond prices:Highest-grade rails.p. ct. of par. 4% bond--Second-grade rails _. p. ct. of par. 4% bond..Public utility p ct of par. 4% bondIndustrial p. ct. of par. 4% bond..Comb, price index-p. ct. of par. 4% bond--

Bond prices, 1st of following month:5 Liberty bonds p ct of par16 foreign govt. and city p. ct. of par_.Cornb. price index, 66 bonds. .p. ct. of par. _

Bond yields:Total. 60 high grade _ per cent..Railroads (15) per centIndustrials (15) . per centUtil i t ies (15) percent..Municipal (15) per centMunicipal bond yield (20) per centU.S. Treasury notes and

certificates, 3-6 months per centLiberty and Trea>sury bonds per cent_.

Long-term and 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 commercial— thous. of dolls..Hotels thous of dollsApartments thous. of dolls _

Corporation Stockholders

(Quarterly}

Pennsylvania Railroad Co.:Domestic numberForeign number

U. S. Steel Corp. common stock:Domestic numberForeign .number..Shares held by brokers per ct. of total--

American Telephone & Telegraph Co.:Domestic numberForeign number. .

FOREIGN EXCHANGE BATES

Europe:England dolls per £ sterlingFrance dolls, per franc..Italy dolls per liraBelgium dolls, per franc..Netherlands. .dolls, per guilder--Sweden dolls, per krone--Switzerland dolls, per franc. .

Asia:Japan .dolls, per yen--India __dolls. per rupee--

America:Canadian dolls per Canadian dollArgentina dolls, per gold peso..Brazil dolls, per milreisChile dolls per paper peso

U. S. FOREIGN TRADE

Imports

Grand total thous. of dolls..By grand divisions:

Europe-Total thous, of dollsFrance thous. of dollsGermany __thous. of dolls..Italv 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 dollsJapan thous. of dolls

Africa, total thous. of dolls..

1929

May

87.8179.1375. 0376. 5179.33

100. 24103. 4997.91

4.694.585.064.854.234.30

5.043.67

22, 868

8,7204,148

2, 275

4,7602,9001, 885

4. 85.039.052.139.40?.267.193

4.473.62

.993

.955

.119

.120

400, 149

113, 79013, 95420, 62610, 37429, 753

92, 36344, 330

53, 6289,172

130, 05933, 82810, 308

June

86.3778. 5974.3275.2978.37

100. 87103. 3097.69

4.734. 655.094.904.264.33

4.893.71

20, 025

4, 2954,800

7,485

10, 845700

2,200

8 158, 45682,978

8 453, 4348 5, 425

4.85.039.052.139.402.268.192

4.393.60

.992

. 953

.119

.120

353, 400

106, 42713, 26719, 32810, 60825, 378

81,89844, 292

50, 7408,342

107, 84832, 4836,488

July

86.0678 5573! 2575. 2477.99

100. 64103. 6097. 95

4.734.675.094.904.28

•4.41

4.493.68

36, 790

24, 6604, 556

2,390

24, 8601,1751,582

» 103, 8059 1, 8079 25. 27

4.85.039.052.139.401.268.192

4.563.60

.995

.954

.119

.120

5 352, 981

115,14514. 57722, 8068,485

27, 970

79, 97444, 671

46, 6307,416

104, 9635 28, 883

7,437

August

85.9877. 2573. 1474. 5477.43

100. 61103. 4297.66

4.744.675.094.894.314.41

4.593.72

28, 403

16, 1088, 385

105

9, 8759, 9951,588

4.85.039.052.139.401.268.192

4.673.60

.994

.954

.119

.121

369, 530

109, 78314, 02622, 7427,657

25, 891

82, 40143, 909

51,6117,791

114, 59540, 25611, 140

Septem-ber

85. 5177.6473.1373.8477. 23

100. 34103. 1697.48

4.764.715.124.904.324.49

4.533.70

5,338

950188

200

880

215

8 184, 9978 2, 931

8 107, 74782,4198 25. 25

8 450, 1708 5, 250

4. 85.039.052.139.401.268.193

4.733.60

.992

.953

.119

.121

351, 365

1938

August

89.6680.9979.0877.9781.68

103. 88104. 77100. 36

4.594.494.964.734.164.18

4.363.56

21, 947

9,9705,590

3, 252

4,7852,2003,145

...

.309

.052

.139

.401

.268

.193

4.513.63

1.000.959.119.121

346, 715

• 107, 7936 15,075« 21, 023

5 6, 876* 27, 535

s 78, 216• 43, 254

551,0435 8, 975

« 100, 8806 38, 993

8,782

Septem-ber

91. 0582. 5179. 5178. 1882.53

103. 11104. 55100. 40

4.574.434.954.734.174.16

4 573.54

52, 116

4,46032, 955

530

2,510400270

8154,415• 3, 032

8 102, 4578 1, 7488 23. 95

8 451, 6038 5, 426

4.85.039.052.139.401.268.193

4.583.63

1.000.957.119.121

319, 618

102, 31513, 78318, 6616,548

26, 373

76, 92642, 209

37, 5606,313

97, 55433, 7415.263

PER CENT IN-CREASE (+) ORDECREASE (— )

Sep-tember,

1929,from

August,1929

—0. 5+0 5

0.0-0.9-0.3

—0 3-0.3-OT2

+0.4+0.9+0. 6+0.2+0.2+1.8

—1 3-0.5

-81.2

-94.1-97.8

+90.5

-91.1

-86.5

+16.7-1.6

+3.8+33.9-0.1

-0.7-3.2

0.00.00.00.00.00.0

+0.5

+1.30.0

-0.2-0. 1

0.00.0

-4.9

Sep-tember,

1929,fromSep-

tember,1928

-6. 1- 5 9-8.0-5.6-6.4

o 7-1.3|-2.9:

+4.2+6.3+3. 4+3.6+3.6+7.9

—0 9+4.5

-89.8

-78.7

-62.3

-64.9

-20.4

+19.8-3.3

+5.2+38.4+5.4

-0.3-3.2

0.00.00.00.00.00.00.0

+3.3-0.8

-0.8-0.4

0.00.0

+9.9

CUMULATIVE TOTALFROM JAN. 1

THROUGH SEPT. 30

1928 1929

i

518, 089

194, 510178, 329

49, 758

162, 67134, 56030, 279

Perct.in-

crease(-yor de-crease(-)

cumu-lative1929from1928

1

"" •" 1

298, 680

113, 50077, 438

52, 805

98, 18525, 23015, 652

i

-42.3

-41.6-56.6

+6.1

-39.6-27.0-48.3

1

3, 070, 113

6 805, 1416 98, 553

6 143, 9546 63, 529

6 231, 282

6 645, 3096 317, 121

6 399, 0636 74, 120

e 834, 2966 250, 581664,711

3, 360, 247

6 880, 3826109,2686 171, 568

e 72, 7556 223, 467

8 684, 1576 335, 989

6 442, 669678,484

6 921, 0706 270, 870

6 81. 193

+9.5

+9.3+10.9+19.2+14.5

+6.0+5.9

+10.9+5.9

+10.4+8.1

+25.5

8 He vised. 6 Cumulative through Aug. 31, 8 Quarter ending in month indicated. » Period ending July 31,1929.

Page 50: Survey of Current Business November 1929MONTHLY BUSINESS INDICATORS, 1923-1929 [Ratio charts—see explanations on inside front cover. The curves on check payments, wholesale trade,

48

TREND OF BUSINESS MOVEMENTS—Continued

The cumulatives shown are throughSeptember, except where otherwisenoted. Earlier data for items shownhere may be found on pages 27 to 138of the August, 1929, "Survey"

U. S. FOREIGN TEADE— Continued

Imports— Continued

By economic classes:Crude materials __ _thous. of dolls .Foodstuffs, crude, and

food animals thous. of dolls .Manufactured foodstuffs... thous. of dolls. .Semimanufactures thous. of dollsFinished manufactures thous. of dolls. _

Exports

Grand total, includingreexports - thous. of dolls _

By grand division:Europe-

Total _ thous. of dolls .-France - thous. of dollsGermany thous. of dolls. .Italy thous. of dollsUnited Kingdom thous, of dolls _.

North America-Total thous. of dolls..Canada thous. of dolls..

South America —Total thous. of dollsArgentina thous. of dolls..

Asia and Oceania-Total - thous. of dolls _Japan thous. of dolls. .

Africa, total .thous. of dolls..By economic classes:

Total domestic exports only.thous. of dolls..Crude materials thous. of dollsFoodstuffs, crude and

food animals thous. of dolls .Manufactured foodstuffs- --thous. of dolls..Semimanufactures thous. of dollsFinished manufactures thous. of dolls. .

Agricultural exports (quantities) :All commodities rel. to 1910-1914. _All commodities except

cotton rel. to 1910-1914.

CANADIAN FOREIGN TRADE

Total trade:Imports . thous. of dollsExports thous. of dolls

1939

May

141, 697

46, 56142, 29085, 91783, 684

384, 850

146, 02513,24823, 9279,771

54, 431

132, 89797, 905

35, 85213, 886

61, 53517, 3808,541

376, 91957, 407

21, 21235, 92259, 662

202, 717

79

122

125, 615109, 436

June

120, 724

40, 95536, 52775, 55779, 637

393, 293

153, 98814, 60321, 26112, 64252,824

115, 65880, 481

49, 69020, 464

61, 66716, 96612, 289

5 386, 81156, 130

14, 53434, Oil

5 62, 119220, 018

69

102

111,949114, 492

July

5119,038

42, 95732, 990

6 71, 60486, 392

403, 360

161, 00515, 79524, 6348,667

56, 889

116, 84579, 736

49, 31220,500

63, 37415, 00512, 824

« 393, 838s 50, 015

20, 2595 35, 8405 60, 529

« 227, 195

70

117

114, 201105, 686

August

125, 719

39, 52735, 55979,46489, 262

5 381, 365

160, 75617, 09526, 3706,764

58, 340

112,01277, 338

39, 44117, 363

58, 61011, 507

. 10, 546

5 374, 84550, 893

528,4385 37, 1135 57, 053

6 201, 347

76

132

111,63198, 395

Septem-ber

122, 080

40, 70032, 32770, 19686, 062

442, 000

432, 319112, 247

29, 95340, 99557, 948

191, 177

121

143

99, 38089,424

1928

August

122, 186

45, 94030, 06066, 33782, 192

» 379, 006

s 149, 21615, 16724, 579» 9, 956

5 52, 827

5 118, 0415 84, 963

s 43, 76717, 348

5 59, 97115, 5178,011

371,31252, 375

29, 31034, 74955, 873

199, 005

75

126

114, 175113, 904

Septem-ber

110, 289

37, 20733, 77163, 45574, 906

421,607

192, 84020, 04946, 29814, 27559, 182

115, 50087, 139

33, 80511,457

71,91727, 5427,544

414, 859120, 188

42, 36335, 76151, 077

165, 469

138

168

106, 066111, 856

PEE CENT IN-CREASE (+) ORDECREASE (— )

Sep-;ember,

1929,from

August,1929

-2.9

+3.0-9.1

-11.7-3.6

+15.9

+15.3+120. 6

+5.3+10.5+1.6-5.1

+59.2

+8.3

-11.0-9.1

Sep-tember,

1929,fromSep-

tember,1928

+10.7

+9.4-4.3

+10.6+14.9

+4.8

+4.2-6.6

-29.3+14.6+13.5+15.5

-12.3

-14.9

-6.3-20.1

CUMULATIVE TOTALFROM JAN. 1

THROUGH SEPT. 30

1938

1, 122, 851

417, 960310, 544557, 761661, 008

3, 557, 586

61,399,8106 133, 5916 252, 709

6 98, 721e 489, 780

6 857, 5036 592, 868

6 305, 2366 114, 253

6 500, 6556 156, 426

6 72, 973

3, 482, 321770, 827

183, 034323, 122537, 329

1, 668, 008

912, 267926, 839

1939

1, 194, 877

409, 680353. 479675, 988744, 224

3, 407, 240

6 1,441, 659e 155,4816 231, 224694,670

6 517, 441

6 953, 2376 659, 264

6 376, 7556 145, 973

6 545, 0896 153, 052690,499

3, 779, 436697, 339

205, 590351, 507558, 294

1, 966, 706

989, 584883, 215

Perct.in-

crease(+)

or de-crease(-)

cumu-lative1929from1928

+6.4

-2.0+13.8+21.2+12.6

-4.2

+3.0+16. 4-8.5-4.1+5.6

+11.2+11.2

+23. 4+27.8

+8.9-2.2

+24.0

+8.5-9.5

+12.3+8.8+3.9

+17.9

+8.5-4.7

Revised. o Cumulative through Aug. 31.

Page 51: Survey of Current Business November 1929MONTHLY BUSINESS INDICATORS, 1923-1929 [Ratio charts—see explanations on inside front cover. The curves on check payments, wholesale trade,

TfflS PEPARTMENT OF COMMERCE

" , Recent ^ubKcatidnSgs ;of the TD^epaHn|ent^ of Commerce having the most direct interest to readers of the SXJRVEY OIF iBnfliNfiss are listed betoi ; .£ complete pst may be obtained,by addressing the Division'of Publications, .Department of Cominier,ce,AtX^afthitigton;/ ^C^Sdar'W the pTOJSeatidBs #iay "be purchased from the Superintend£|xt of Documents, Government Printing

i<$, Was^hi|a ton, at thp, prices sta,t&I. If no price, is mentioned, the publication is, distributed frefe. / % i , , .

pFFICE OF TH;i SECRETARY/, - I4ir Cbttthierfce Bulletin, September> v^ViJms..Issued semintonthly b> the %IT—r, ,-—,

v . v "|D^artmeht bf Comi$i$rid& and contains short articles on< j * $on developments; ajso contains^ list of aiif transportroutes.,\-/ > / ^ ^S#BK£ October i/l$$9%/$7 i&ges; < ' « ; , ,V- ; ; - / j ' * ' • ' ',v s , Same; 0ctober IS, 1029. x^2 pages. > .

'" ^ " A KASnautics 'Bull^in" No. ,4; fi^l* pages^- " 3f Jjn, ? \ - t _.^j. j,' ._. ' - i . - x ' St , f • * , • - : * '

arid direfeAirports and La

; jA\.; (f©fmferly Infofmation^, Bul| §n\ ;N(L,5); $2>• ^* _^ wkijfj. ^» ^i' ^iujtisf*- l {ttLu— N?iL 'JA»' •TT^.SA Jb c* j

fpf mafting.ayiation landing <fielcfe,at6^s^ roofs of buildings. V

Btifl^n Ho. 5

i yic'ie; a.tf ' rijgted/&fyl^ld S^^ ibr, A

k^ ' ' ' , v * * ' " ' ' j ,ei ice, Bulletin^ August, 4929.-r20' ^

ate. The

tice^sin^ ©f !piloi|33 and

^17j;ii4-lS;

contains, rates' fcharg&l"for ^_,_-^-,-Jf airports. //rM- ' , ^ A T \iAeronautics Ordinance and Uni-i-—Aeronautios Bjtilletip iNo»"?0;

r>.r

by ^tist, of jra!|io\: l Single ;cop

, /September, 1

. ,aiid 'references' to Current .racjio^niiai subscription^ 23^ x ^ , -,

'

information concerning the plan of pubUcation and distribution of Census•

^;J^*;^.*g%/•A;

aaS ||ift« JprText,5Sye6ftr-tGHes an analysis of ^tatis^cs ^

-jppoEpipfled' Jn, ^ ^$ v AgricuKiri&. Forest Service. /C[dntajn^ tables shoeing

x> _ t i _ _ i g 'pf^ cV<?ssfies ^tnd ^p^Ies tiy, raijroad^ and purciiase^r ipffey,<Hght, ^>ow4r,\ M^»hb,n^j * and telegraph co^nf>anjes.t JLD pages, price uji.^ '*-'*,, Tv ' . ^ ^ ' "• 1', ' ^ ' '^hufactiife and Sale of Farm Equipment, 1928.—Containsishjbwin^ kip(} ' n<| ^nS^ukf of ^arni ^(|uipi^Bnt n^ajqfu*

i^d ^nd^ ^ol4 in, Jte4 ^t^tes during 192S. Paper^ Id, |>ric6 5$* ^ f, -M, ^ ' , - \ r ' /•'' . , " > - ^ ^ ' "\ ' ' ' \ ' i y

ality Statis^cl^ 19^? Pa#!!I, Text an4 TS0xt( Tables.—'t^bfes irfth^kpjanatery tjcxt.regarding^tiea^lvsv s^nd

|es ih; United §tia,tes,djqTing 1926 ,lfaper;, i^S ,t>ages,

"Financial Statistics oMCfttes Having a Population df 6y^r30,000, ,192^^—Preseht& data shoeing financial tr^rlsaotions

" " A ^^ *f**~ '^ s^ eontiueiital United Statesaikd c% a|id county of Hoaolitilu, -Hawaii. .Cloth, &($ pagfefe,,^«S>,k~ tfti OK - » ' . " ' . t ) ' ^ ,7 ' !\ ' ' • x

192?.—Eepdrts^3r by States!

ao^ Preserving,^ie^ Trimmings and iLaeg. - ^ ( - , f - ' ^ '/^'-

ers. ^ape^a Mirrors,

^aper, i

, . ,te, and Other Stone Products; Paper* 12

' ^ ' J • '"

3 UIus. .ents; Washing Machined, "Wringers,

ic Use. Paper, 9 pages, price 6^.x "a^ring:fina^eat™^K« rapes,^pages^^ceop. , ,, x ; T4ge ana tail OI tide |or ey^ry OJ

inSi^&&fs^P,;dpm^^^ *aW,i&is*U, ^worldij It, als'o.gi^es, timesof>e^ ^ ,i,\ A , ^ ' T , , T -^ , , ; y , ^ n^oonan various j^arts^f yorld." ' ;"• ^ V ^ M - . T . /-V1" - -,- "• Vi;, .v'v 'r / ' ^ ' ' > ' > ' - - % l i l "' "v, ^•^ ^ - . ' :- ' T-, , , A : ^ v -•/• , " "^ , , - : ,! v r / , /^^ ;/ .

, , ,s Wall Blaster, Wall Bvdard, and^Ploor Conap6sitiontWqo! Manufactui?,8S and Allied Industries. Papar,? ^prioe 100.,

BUREAU Of F0REIGN AjNft BOMESTIC• * '". ^ ;. ": \ ;COMMEBCE ' •/ ; « " • '

'(The publicatains # <ii? Bureau ni^y alsoybe- purchased fr^aa tli6 bureau 4)r its- ;, ^ ' - "Vx \ ' . \ ' vdislaict offices] ~ \ " ' > '/ ' i V / ^ '

Monthly Summary of Foreign Commerce of United States,August, 1929vHr-Pairts I and II., 'Part?I oontaiiis Btati^iies ofexports of .doinestieMerchandise, ^d,Mportsxb^August, 192§ ,anrd 1929: 'and /for eight ia'(>n|M ^nd1928 ind 1&29. Part II /co^itains sUmMarie^,of" export a$#>rt trade J tiip^th}y average iifipqrt Jind ^^pi>rt ^ritss|atisti of tAdfeMth .A^ska^Bja^rail, and .Porto Eico.copies, Paif^ I, 10#; P^it II 5^ Annual • • - J

Latin American ,Financial

tfade; cofamission^r. , ^ ,84; iiR+^Oo'pag^fe) a^illus.^ /Disotission ot ;commei!cial ;an&dustrial. chata^teri^tics b^ Arg^toa^ tferdad^at^m^iiiimbetof motor veMqle® i^j usei'and method'of Inahcsfeg ^alea df, theseproducts. Price, z0& ^ / : l , , v ^

' ' '

Chocks for Ships: Plain Chocks, Open and Closed RollerClocks, Opeii and €!osed Open Chocks ^fith C&itW

ands promulgated by, Ameripaji Marin^,A*1__,_,T -'—-- gt^iidards1 fi Ko: 4J^192^ to

J ,il?fflus^\Price/10^ t .icarch, October, 1929.—;'

_ _^, fllus.; plates, charts. ^Gontain$ jpapeira, fo^m^yiyScieptifie and>[jpechnolpgic Papers ii s, whi^h Mve

been disdoiitiuiia^d. Arfjibles in journal^are known; as Itesearch,/Papera series $nd;are issued separately after pubHeation inJounial. jingle 'copies, ^0#; annual/$ttb$cri>tioia; $2.75, /

1 Course-shift Indicator for Double-modulation Type Radio-beacon, by EC. IHam^hd and F. W. Dunnaore^-r^Kesearch Paper _No. 7?M Beprint feoni Bureau oi, Standsi^iis,Journal ol |t -

. search, jol. 3, Jtirlyi ,19 9, pp. J-l^ 5 fflus., il, palate. Descrlp*i ,iion^of instrun^e^t u"se4 to indicate ^o la^radio bperator courselatd out in s^ace during time of \operatioxi ot station .and ascheck -on beacon ca$bi:atioiLf Price $$. v , ^

Coal- washing Investigations: Methods and Tests, &^ H. F.Yaneey and Thoinas'Fa^aser.^Bulletin 3QOt; y|ii-f259^ages, 11illusl, £ plates^ 3j5 .charts.' Kepofct on |n iBveistigatic)n teto ,factors affecting wa^abtiity of coaj[t and pfoce?se$ used/ with aclassification ofcoals by forms p)f inipuMties. Price,

BUREAU QF

Salmon-tagging Experiments in Alaska; 1027 aji4 1928»' oyWillis fi. Eich Hnd predericl^G. Mortonu^Potument NO.(Fronv Bulletin o| Bureau of Fishe , . vol. XtV, ^929, !pp.

V 1-43, % illus.) / Price, 1Q£ ''>' \\*'*^ - , > ' ^ , K'V\ ; " ' • x ;^ Fishing .^rortndss af Qulf if Paine, by Walters H/!Rl(jh'A-f.Dpctimeiit ISTo, 1059; (Appendix, III to', Report of IT. S. Cora* i

, in&sidner of JBIsheries for 1920/pp. 51-117 5 maps;)- Descrip-tion, of fishing grbundgxoff coast oi M^iine 2i*nd kinds of fishfoukd thfefe. Pribe, ( '' " '

" i > 'Tide Tables, United States- an.4

' " L '. for Year

19|iO, — Serial Ko. 439; 479 pages. (ContSns Mble$ shdwing'rjse and fall of tide |or 6y^ry day <$ ^6iar at important po^ts of

It al^o gi esx time S6£ rising and siting of sun an4e, 75^ \ ; 4 / .

Page 52: Survey of Current Business November 1929MONTHLY BUSINESS INDICATORS, 1923-1929 [Ratio charts—see explanations on inside front cover. The curves on check payments, wholesale trade,

THE WP. LAMOT, Scretart of Coniineree

> , J0tiff s i*3£tN:, Assistant ; Secretary of Commerce. f , ,) pkiRA^f

' ^ vAEEONAfl33[CS BRANCH ; - I > / \;u&es€&reHvoii^" " ^ - , „ , i

, ,

f F. MOBGAK,; Solicits

LIJ^ P.;klAc of Cbminei*ce' ' 1 v : • f i - ' '-"

civil aljrWays and nialntenanee of idf to airix and .registration of alrbiianr and, lieenfsijl&„ '/./ v; v .navigation;anspectipn^andregistration of aaTbi&ftand, &eensip&

HJ4< ^ L ,> >fcf pfiotjss ei&b^mcfnt blair traffic ruttsj investigation &t aeci;r^; X; / . deips^ e^$ou*%eirien$ of munipfpal air £ortsf fostering of air^ ';VY

r epitii?iercej skfe$|afifcres^JtrcW in .aeronautics;/and'diSsemina-1

^V^f Vv* ' 7 ' 4 - / C , v oit1 these^unc^Qi]© ^ a^^V^3""' ' ,-'* t ? V1" ' >14gh,ttoiise^Ser^ice>l4h0?7Biirea1W of Standards, and the Coagt^of Standards,,an&tie

J ; v / ; - . \ t ;

^

!% l 1: v: , ;X"" V.'"" feifi,spbrt^oB/ ^^Jryi^otis' bdies^e^^r^1 '•'''', v ^ 1 ' ._ t,' * ] ^"fltCl*iCtiIv ir*^ <*****^ *ki/WViPTtS*»<»1 'nitrlsTi/* ni^feilTT.'i^io" iaxr

* ' -. ^ census ofof wealth, public debt and taxation,cs 'bf local ribv0fniafents» '* e^ety/ 10

^l v ^ -, -y ^eJMfs*;! l^np^al^db^^ikiion of fihiiclal j^ala^^ Stat^ &nd

\\?''<^ 'f '-?> C' f^f* 2 -\ (^^bilatlbA' fifcati^fes^Gf m^^kidiib^'^iryik'a^tth^'

iy^i^^monthjy^^/si _i *_ ^^jx^__. *^fi^$^fafte& products:1 nU4teUi^xiw^fWAfltfi' > \ , A

> ' '*' +J a^t- <J^ ^ % - v "-;>.,. ^rWii^^M^^ftfmdyvinfprinai._, _,, ,-^ ,r. -, ,

and openings fbr Ainerican bdttc^ln\foreign coun*

Tb^feiBi\|jna,iy; distSbutipn through roeJ^ylObiiameircej^nttA*.*Tia.j ' ^identid rcirctfJjfas'."l»i^'^Wj| Brid trader

cooperative Vbffija6«? HI 65^cities.4 ^omnibdit|f, *e^icali; %nd i^orial \"N «>..i*»»J*i*» i . ! A <kv.Al4nMAW4 r•»««»««^vw^^t^M* OT| |

{•f; vf'^ !\\'.^,'- ' v v"''1flb0A; om^ lidB

'^ ' \ \^ ' ( ' / ; ' » ' ^ \ijpaWtei4loii.^''y- i - '^T ' \ . '' -1 ' ; \j '»**i-'- . it _^-i-*i-**J

ti prodiicts in alt j^iis of%e, world andX3 of specific sales opportunities abroad.t i^ j l on im^por^i and^&jx>rt6.r %_ \\/: " /i _ ; v TO0;paMic|tfe^

, V4 { v , tt^Jta'dy 4f . e] i rocessesSbf domestic trade and commerce

&^l:^' f' V A '':':C'- /^»^EAtf;;<)P STANDARD - ' : > V f ; v

ations. for Government p^r6h^se ,Icaifeio^fioaiA% V , v ; - .-f;; % , ' x , '

^ eopperai in cirder.t^ re" (/; , ^ / \ ^rast^t resultifag^m ^ssive variety in oqiinibdito. , '

^V1'1 .VX'V - 'v^Technlcit^^^ ' ^ ' .' . ' « ' v ? . «*ni-«ifTn 4/ion

.^.ns in the- mining,f preparaiio^^ andi including the ^tttd^ of J |n- ^ ^j?' _j* ftu_ JL: •> ._ Jf'J ,it_ C_vjfL 3 AT .. x_

' T v > ' ' /• ' , ;J utilization "ofv initieralsj Ji^cludii|g t^e1 ttid^ of 1 fiazarc^,* / , \u \' '' , \; iikd s^^^^^toCof^^oved'metl^ in4he produc^on

^'<r ' , '" ^^ V5-^x'Ml^ll^^^wiB^f3jMB•'' ,/j , ' ^ ' ' T ' - / • - / - '„' "" '*"'•,**rii^. ^-^ " ^ -v'^'' '-' - J- 'A * < x ' ' ' ". • • > >,*FeB^i^v>ol'5'!0QvejFnloi'ti ' fueis $&&$ management of tlje, tJdvr,

u^ Studies in^th^ ^eptibnd0s and itiat^tiiig<>f Minerals knlection of .sfc^biaiiesT^ mineral resottirees^^ad mine accidents.

TT_ of; 'results of technical ^hd ecbnbniio^researciies i ~in bullMtmSf tecnniiial * papers* nMfierat ^ reisourceaW^ri6^,>mine^ circulars^ afod inSi^U^eotk^ptibJicati^nii., ^ ,

foiid

<adin%istratibil ^crf AlAia; fisherieslB^ \,

"

b^rjai^s:JdV^»^ri i&ayiga-aae^ of aids to navigation

lMsf an^ M0ei 4 Safari.Uaf th^,mds to^a^i^on, V

Coasts jf,^d United/Siate&.anathdj^ jiavigation w taeA^

slanid^ E&^afl, Po^ Eico/Zone'

• , ;PubMcatibii of Cesspits ihrou^i c^iiwrfe, xcbast pilo , title tables,etirtent tables, indjspecial^ublicatipns,it - ? ]\ ^ 'V .,r

Superintendence of commercial marine and merchant seamen.regis

efer*, %f;v0^ela^unde^, tKe United SSfi^^flagr6f a Msfowt ^^ucfi vesseii

of: thelaws/in^ttdllag" imposition of ifee^ fii^, t^aiftig^^taxes^^, ' v

n of inei^hant, v& bt^fefe,, , ,fieation of able seamen and lifeboat men, and the investigationdf laws.

% aiitd ik€(technical and

^of library witl^ i ilDlic .seitfci ;rbom^ coni_ ^ _ i__^j- N^TT_*JL_ J. CiiT^j _i^jj ri._T 5 a _u i_r' In _' _!,copies of foreign and United States patents

^^_^_ji^*.'^«,^ f;^le, asslgnniJ-^ -"^ -., ^uinishing cand. .

patents. ,of .

|Nateits<aiJd |rade-marks issued. ^'^'

^ tt / b| radi^ ^atfeiis ^0^ ips;

. , .showing the

bfStaMons ;<$* slioteif1, includiBg, broMis .radio operators; assigning station, csH%Mtfeers| «nfoircfiig j&he

Juternati\ . x • . :* ex^mitnn^,and settlinfejintbrna^oi

,* and