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Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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___T , 1925, receiveduntil from 15 to 30 days after theumbers, cumulative totals, text,
'
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
UNITED STATES DEPARTMENT OF COMMERCEWASHINGTON
SURVEY OFCURRENT BUSINESS
BUREAU OF THE CENSUS
COMPILED BY
BUREAU OF FOREIGN AND DOMESTIC COMMERCE BUREAU OF STANDARDS
No. 53 JANUARY 1926
C O N T E N T STEXT MATERIAL Page
Preliminary summary for December 1'Course of business in November:
General conditions 6Summary of indexes of business 7Review by principal branches of industry and commerce. 8
BASIC CHARTS
Business indicators 2Wholesale prices in December 4"Production, stocks, and unfilled orders... 7Employment in manufacturing industries 24
GENERAL TEXT TABLES
Business indicators 3Wholesale price comparisons 5Business summary . 6Indexes of business (production, prices, sales, etc.) 25
TREND OP BUSINESS MOVEMENTSPage
Textiles 28Metals and fuels . 29Automobiles and rubber. 32Hides and leather 33Paper and printing _ _ 34Buttons and glass 35Building construction and housing , 35Chemicals and oils 38Foodstuffs and tobacco 39Transportation and public utilities 41Employment 44Distribution movement 45Banking and finance and foreign exchange 46United States foreign trade 48Canadian trade and industry 49
NEW DETAILED DATA
Face brick, book paper, fuel consumption, miscellaneous. 22, 23
PRELIMINARY SUMMARY FOR DECEMBERIndustrial production in December was at a higher
rate than in November, with increases in the produc-tion of pig iron, steel ingots, zinc, locomotives andsteel ships, deliveries of tin and silk, receipts of wool,and meltings of sugar by refineries, while smelteroutput of copper declined slightly. December out-put was also larger than in December, 1924, for thesecommodities except locomotive and ship construc-tion and wool receipts. Unfilled orders for steeland locomotives increased considerably during De-cember and in both cases were higher than a year ago.Concrete paving contracts were larger than in No-vember but less than in December, 1924, while morepatents were granted than in either the previousmonth or a year ago.
With a large holiday trade, sales of mail-orderhouses and the 10-cent chains reached record levels,.and similarly postal receipts and bank clearingswere considerably larger than a year ago, an increaseof 14 per cent being made by mail-order sales overDecember, 1924, Loadings of freight cars were
76014—26f 1
seasonally smaller than in November, but showed again of 6 per cent over the corresponding month of 1924.
Business failures made the usual year-end increase,but were smaller than a year ago in both number andliabilities. Interest rates averaged about the sameas in November, but were higher than a year ago.Large increases over both periods occurred in thediscounts of the Federal reserve banks, while reservesand the reserve ratio were lower. The amount ofmoney in circulation increased over November andwas larger than a year ago in total, but smaller on aper capita basis. Stock transactions were smallerin number than in November and in about the samevolume as in December, 1924.
The price movement in December was mixed.Foodstuffs and farm products except corn, cotton,and meat animals generally moved upwards, whilemetals, petroleum, coke, rubber, and textile andleather goods were generally lower. Prices of ironand steel and silk were important exceptions to thedeclines in their respective groups.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
BUSINESS INDICATORS: 1920-1925[Ratio charts—see explanation on inside front cover. Except for "Net freight ton-miles," latest month plotted is November, 1925; October is latest plotted for "Net
^freight ton-miles/' while the curve on bank debits has been adjusted for normal seasonal variations and that on manufacturing productibn for the varying numberHi of working days]
I9201 1321' 1922 1923' I924'I925RELATIVE TO 1913 AS 100
PRICES 25 INDUSTRIAL STOCKS: i i _j
INTEREST RATES, COMMERCIAL PAPER
HOLESALE PRICES (DEPT.OF LABOR)
(DEPT. OF AGRICULTURE)
I92011921 '1922 ' 1923 ' 1924' 1925RELATIVE TO 1919 AS 100
WHOLESALE TRADE. 6 LINES
300200
10080200
300200 \
1008060
40
h "V>\•• ^^^— N5^
UNF
y«*— -g^- —
^
^V^- —
! ^
LLED STEEL ORC ^^\erpo
rs^r^^
NET FREIGHT TON-MILES
40
-BUSINESS FAILURES.-PEFAULTED LIABlLiTIES"
1920 1921 ' 1922 1923 1924 1925
DEPT. STORE TRADE (359 STORES)
MAIL-ORDER SALES(4 HOUSES)
GENERAL MANUFACTURING PRODUCTION(64 COMMODITIES)
LUMBER PRODUCTION( 5 SPECIES)
AUTOMOBILE PRODUCTION( PASSENGER CARS AND TRUCKS)
FACTORY EMPLOYMENT
CONTRACTS£7 STATES)
1920 1921 1922 1923 1924 1925
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
BUSINESS INDICATORS
The following table gives comparative relative numbers for a selected list of important business movements. It is believedthat this table will prove useful, because it separates out from the large mass of material a comparatively small number of itemswhich are often regarded as indicative of business in general.
The table has been divided into two parts, the first containing those items for which relative numbers can be calculated, using1913 as a base. The second part contains items for which comparable data back to 1913 are not available. This latter group ofrelative numbers is calculated by letting the 1919 monthly average equal 100. Care should therefore be exercised in comparing theabsolute value of the two sets of data. In either group, however, the upward or downward trend of the relative numbers, comparedto previous months, does reflect the present tendency in each item and will give a basis for business judgment.
Where available at the time of going to press, January 15, December indicators have been included, thusbringing this table up to date. It should be noted that the charts on page 2 show November data as the latestplotted, except for freight ton-miles, which shows October.
COMMODITY
Production:Pig ironSteel ingots ._ _ .Copper.. . ...Cement (shipments). . _Anthracite coal . . . . .Bituminous coalElectric energy (gross revenue sales)Crude petroleum . ....Cotton (consumption)BeefPork
Unfilled orders:United States Steel Corporation
Stocks:Crude petroleumCotton (total).
Prlces:iWholesale indexRetail foodRetail coal, bituminous .. . . .Farm products
Business finances:Defaulted liabilities ._ .Price 25 industrial stocksPrice 25 railroad stocks
Banking:Clearings, New York CityClearings, outside-Commercial paper interest rate . .
Distribution:Imports (value) „ .... „„_Exports (value) jSales, mail-order ...
Transportation:Freight, net ton-miles __,, .
Production :Lumber*. .Building contracts... ._ . _. .
Stocks:HeefPork
Business finances:Bond prices (40 issues).
Banking:Debits outside New York CityFederal Reserve-
Bills discountedTotal reserves .. .Ratio
MONTHLY AVERAGE
1990 mi 1922 1923 1924
1924
Sept. Oct. Nov. Dec.
195$
Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec.
1913 monthly average- 100
12013599
10893
119283178105119113
170
127155
226203207205
10818467
257275134
294331264
137
546438
1079987
31218997
113117
90
152198
147153197116
22913664
205212118
140181188
105
8711480
1315885
349224109126130
96
234153
149142188124
22816975
23023080
177154204
115
130144120153104118407295117130160
102
287125
154146190135
19718572
22627690
212168259
139
10112212816499
10143428599
133151
68
338112
150146169134
19819881
26428471
201185284
131
8011212422810010639728894
146103
69
35084
149147164132
15020185
24527757
192207279
143
97124134231101121427289114167118
60
348161
152149169138
15820284
27431457
208255364
158
9812413313989
106462272106149152
68
346190
153150171137
13621392
28429059
198238351
139
1161411317497
116506273114134191
82
338193
157152171139
19823195
32531764
224214411
128
1321661446997
130522287127146199
85
335172
160154170146
23823396
33932266
232216308
135
126149134819498
480261118105152
89
337150
161151172146
17623898
26727366
223179299
123
1391661451399394
45729212512yl i f t
82
337126
161151169151
14923595
29630971
258219318
129
1271421371959885
4492«7128131109
75
340103
156151161147
16323392
29030872
233193322
123
11413713722610789
429329114132116
89
34480
155152159146
16224596
30229770
219179262
136
10412713623710293
421322106127136
63
61
157155158148
16124896
30531770
218156271
131
10412213324510999
419325104145107
60
45
160160159149
15125697
29732371
218164248
139
10613613224911311342932396
13596
59
56
160160160152
Ifi3272101
256293
72
228184255
153
106138132240
1117450313104144«7
63
130
tfO189168144
134280102
27631376
234203309
151
118154138207
1133495311117173122
70
185
158162170143
129300103
,32935380
250237464
161
118155131138
2127
298117137127
78
216
158167179144
157300106
29831979
252216396
149
12715813494
132
124
85
237
156167
143
160305111
34234879
264226473
1919 monthly average— 100
10272
6698
86
114
1329780
8669
4283
87
91
91122122
117102
2970
107
95
28144154
133106
3291
104
107
39146152
129108
3488
108
108
19146160
13593
2061
109
104
13144160
140102
2844
110
119
12143157
126105
1246
110
107
11143154
110100
6070
110
124
16139145
12191
5985
110
127
14141155
12283
5594
111
106
22138151
136138
4990
111
121
21137154
143157
4188
111
117
21137154
146148
3181
113
116
21136153
151143
2696
114
124
24135153
141145
2112
123
24134154
154166
1976
111
113
30132149
153165
1759
111
119
33131144
157148
2046
111
137
30132144
140146
3146
112
122
32131142
137
3657
112
137
39129134
» Wholesale and retail prices from Department of Labor averaged for the month; farm prices from Department of Agriculture.> Based on the total computed production reported by 5 associations. Includes southern pine, Douglas fir, western pine, North Carolina pine, and California white
pine. The total production of these associations in 1919 was equal to 11,401,000,000 board feet, compared with a total lumber production for the country of 34,552,000 000board feet reported by the census.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
WHOLESALE PRICES IN DECEMBER[Bars denote percentages of increase or decrease in the wholesale prices of specified commodities as compared with the same month of 1924 and 1923]
COMMODITIES
COMPARISON WITHPREVIOUS MONTH
DECREASE INCREASE
20 JO Q IQ 20 50
COMPARISON WITH SAME MONTH COMPARISON WITH SAME MONTH1924 1923
DECREASE INCREASE DECREASE INCREASE
40 30 20 10 0 10 20 30 40 50 60 70 8050 40 30 20 10 0 10 20 30 40 50 60 70
WHEAT
CORN"POTATOES;
COTTON
COTTONSEED--CATTLE, BEEF -HOGS
LAMBS
WHEAT, SPRING
WHEAT. WINTER---CORN NO. 2
OATS---BARLEYRYE,N0.2 -
TOBACCO. BUCKLEY- "COTTON -~ - —
WOOL GREASE { BOSTON)-
CATTLE, STEERSHOGS, HEAVY -
(SHEEP, EWES"--SHEEP, LAMBS- —
FLOUR, SPRING- —
FLOUR, WINTER
SUGAR, RAWSUGAR. GRANULATED- —
COTTONSEED OILBEEF, CARCASS —BEEF, STEER ROUNDS — •HAMS, SMOKED (CHICAGO)—-
COTTON YARN-
COTTON PRINT CLOTH —COTTON, SHEETING
WORSTED YARN-
WOMEN'S DRESS GOODS
SUITINGS
SILK, RAWHIDES, PACKER'S *—-HIDES. CALFSKINSLEATHER, CHROME (BOSTON )--
JJEATHER. SOLE, OAK
BOOTS AND SHOES (BOSTONS--
BOOTS AND SHOES (ST. LOUIS)
COAL. BITUMINOUS -
COAL. ANTHRACITE-COKEPETROLEUM
PIG IRON, FOUNDRY
PIG IRON. BASICSTEEL BILLETS, BESSEMERCOPPER
LEADTIN- '-
ZINC
LUMBER, PINE, SOUTHERN
LUMBER, DOUGLAS FIR
BRICK, COMMON NEWYORK,)--CEMENT -
STEEL BEAMS^RUBBER CRUDE — -
SULPHURIC ACID ™
FARM PRODUCTS, AVERAGE ^RICE TO PRODUCER
20 10 Q 10 20 SO
DECREASE INCREASE
40 30 20 10 0 I0 2° 30 40 50 60 70 80 90 100 20 10 Q 10 20 30 40 50 60 70 80
DECREASE INCREASE DECREASE INCREASE
* NO CHANGE ** NO QUOTATION,
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
WHOLESALE PRICE COMPARISONSNOTE.—Prices to producer on farm products and market price of wool are from U. 8. Department of Agriculture, Bureau of Agricultural Economics; nonferrous nietala
from the Engineering and Mining Journal-Press. All other prices are from U. S. Department of Labor, Bureau of Labor Statistics. As far as possible all quotations representprices to producer or at mill. See diagram on page 4.
COMMODITIES
FARM PRODUCTS-AVERAGE PRICE TO PRODUCERS
WheatCornPotatoesCotton
Cattle beefHogs , ... - .--Lambs
FARM PRODUCTS-MARKET PRICE
Wheat No 1 northern, spring (Chicago)Wheat, No 2, red, winter (Chicago) - .-Corn, contract grades, No. 2, cash (Chicago)Oats contract grades, cash (Chicago) -Barley, fair to good, malting (Chicago) - -Rye, No. 2, cash (Chicago)Tobacco, burley, good leaf, dark red (Louisville)Cotton, middling upland (New York)Wool & 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)Flour, winter straights (Kansas City) ...Sugar, 96° centrifugal (New York)Sugar, granulated in barrels (New York)Cottonseed oil prime summer yellow (New York),*.Beef, fresh carcass good native steers (Chicago) .". - --Beef fresh steer rounds No 2 (Chicago)Pork, smoked hams (Chicago) .
CLOTHING
Cotton varns carded white northern mulespun, 22-1 cones (Boston)Cotton print cloth, 27 inches, 64 x 60-7.60 yards to pound (Boston)Cotton sheeting, brown 4/4 Ware Shoals L. L. (New York)Worsted yarns, 2/32's crossbred stock, white, in skein (Boston)Women's dress goods, French, 35-36 inches at mills, sergeSuitings, wool, dyed blue, 55-56 inches, 16-ounce Middlesex (N. Y.)Silk, raw Japanese, Kansas No. 1 (New York)Hides, green salted, packer's heavy native steers (Chicago)Hides, calfskins, No. 1, country, 8 to 15 pounds (Chicago) _.Leather chrome calf, dull or bright "B" grades (Boston)Leather, sole, oak, scoured backs, heavy (Boston)Boots and shoes, men's black calf, blucher (Massachusetts)Boots and shoes, men's dress welt tan calf (St. Louis) .
FUEL
Coal, bituminous, mine run lump (Cincinnati),.Coal, anthracite, chestnut (New York tidewater)Coke, Connellsville (range of prompt and future) furnace — at ovensPetroleum, crude, Kansas-Oklahoma — at wells
METALS
Pig iron, foundry No. 2, northern (Pittsburgh) . .Pig iron, basic, valley furnace
Copper ingots, electrolytic, early delivery (New York)Lead pig, delivered, for early delivery (New York)Tin, pig, for early delivery (New York) .Zinc, slpb, western (St. Louis) .. - ..
! BUILDING MATERIAL AND MISCELLANEOUS
Lumber, pine, southern, yellow flooring, 1 x 4, "B" and better (Hat-tiesburg district)
Lumber, Douglas fir, No. 1, common, s 1 s, 1 x 8 x 10 (Washington)Brick, common red, domestic building (New York)Cement, Portland, net without bags to trade, f. o. b., plant (Chicago
district) _.1 Steel beams, mill (Pittsburgh)! Rubber, Para, Island, fine (New York) . __ _
Sulphuric acid, 66° (New York)
Unit
BushelBushelBushelPoundTonPoundPoundPound
BushelBushelBushelBushelBushelBushelCwtPoundPoundCwtCwtCwtCwt
BarrelBarrel— -.PoundPoundPoundPoundPoundPound. __ - .
PoundYardYardPoundYardYardPoundPoundPoundSquare foot.PoundPairPair
Short tonLong tonShort ton__Barrel-
Long tonLong ton...
PoundPoundPoundPound
MfeetMfeetThousand-
BarrelCwtPoundCwt
ACTUAL PRICE(dollars)
Novem-ber, 1925
1 488756
1 984181
27 64.0614.1066.1215
1.6121. 711.841.403.715.857
25.00.208.54
10. 57511.3206.785
15. 250
8.5387.613.040.051.101.178.143.282
.407
.063
.1081.600.800
3.6006.566.163.198.460.470
6.405.15
3.3911. 296.881.588
22.1419.8824.75
.1435
.0974
.6214
.0861
48.2716.5014.75
1.651.95.853.70
Decem-ber, 1925
1.537.707
2.015.174
27.87.0618.1051.1267
1.7681.796.797.422.716
1.03825. 00
.202
.5510. 04410. 8818.063
15. 938
9.1807.888.041.053.106.170.131.280
.402
.061
.1031.550.800
3.6006.811.156.192.460.460
6.405.13
3.39
"I'll1.550
22.2620.0035.00
.1387
.0931
.6195
.0857
49.8315.5014.75
1.651.95.764.70
Decem-ber, 1924
1.4111.056.641.240
35.48.0535.0839.1096
1.6871.7691.233.598.935
1.40424.50
.238
.709.559.967.58
15.98
8.8957.788.053.072.114.183.125.207
.446
.068
.1081.950.775
3.6906.321.174.209.480.480
6.255.00
3.3911.734.041.195
22.9620.9036.00
.1426
.0921
.5572
.0737
44.4216.5013.50
1.682.00.315.70
PER CENTINCREASE (+) OR
DECREASE (— )
Decem-ber, 1925,
fromNovem-ber, 1925
+3.3-5.2+1.6-3.9+0.8+0.7-1.4+4.3
+9.7+5.0-5.2+4.7+0.1
+21.10.0
-2.9+1.9-5.0-3.9
+18.8+4.5
+7.5+3.6+2.5+3.9+5.0-4.5-8.4-0.7
-1.2-3.2-4.6-3.1
0.00.0
+3.7-4.3-3.0
0.0-2.1
0.0-0.4
0.0
-35.3-2.4
+0.5+0.6+0 7-3.3-4.4-0.3-0.5
+3.2-6.1
0.0
0.00.0
-10. 40.0
Decem-ber, 1925,
fromDecem-ber, 1924
+8.9-33.0
+214. 4-27.5-21.4+15.5+25.3+15.6
+4.8+1.5
-35.4-2,9.4-23.4-26.1+2.0
-1-5. 1-21.4+5.2+9.2+6.4-0.3
+3.2+1.3
-22.6—26.4-7.0-7.1+4.8
+35.3
-9.9-10.3-4.6
-20.5+3.2-2.4+7.8
-10.3-8.1-4.2-4.2+2.4+2.6
0.0
+10.1+29.7
-3.0-4.3
2 8-2.7+1.1
+11.2+16.3
+12.2-6.1+9.3
-1.8-2.5
+142. 50.0
RELATIVE PRICE(1913 average=100)
No-vem-ber,1925
188121332151127104142199
177174135107114135189162216124135145196
186198115120140137109170
16418217620625423318089
105171105206163
154213282170
13813513594
223140157
210179225
16312910670
De-cem-ber,1925
194114338145128105140208
194182127112115163189158220118130172205
200205118123146131100168
16217716720024223318785
102171103206162
154
182166
13913613691
213140156
216168225
1631299570
De-cem-ber,1924
17817110720016391
112180
185179197159150221186186280112119162205
194 ;202151169158141
95 i125
18019617625124623917495
111 i178107 [201158 :
154 :221 1165128 j
\
14314214093
211126134
193179206
1661313970
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BUSINESS SUMMARY[Index and relative numbers based on the 1919 monthly average as 100—except unfilled orders which are based on the 1920 average—enable comparisons to be made of the
relative condition of the several phases of business. The use of index and relative numbers is more fully explained on the inside front cover, and details of this sum-mary are given in the table entitled "Indexes of Business," beginning on p. 23]
PRODUCTION:Manufacturing (64 commodities — Ad-
justed) *Raw materials, total
MineralsAnimal productsCropsForest products.
Electric powerBuilding (awards — floor space)
STOCKS (45 commodities; seasonal adjust-ment)
UNFILLED ORDERS (relative to 1920) _
SALES (based on value) :Mail-order houses (4 houses)Ten-cent chains (5 chains)Wholesale tradeDepartment stores (359 stores) .. . .
PRICES (recomputed to 1919 base) :Producers', farm productsWholesale, all commoditiesRetail foodCost of living (including food) -
CHECK PAYMENTS (141 cities — Seasonal ad-justment)
FACTORY EMPLOYMENT (1919 base)
TRANSPORTATION :Net freight ton-mile operation _Car loadings (monthly total)Net available car surplus (end of mo.) _ _
YEARLYAVERAGE
1923
119113131117102121144106
11974
9916583
124
65757894
10393
11511925
1924
113118123117118119152108
13552
10518582
125
64737895
10984
108116139
1924
Sep-tember
11415212811019311914893
13446
10616992
119
63727995
11081
11811970
October
116179135112246123160102
13543
141203
95141
66748096
10981
13115659
Novem-ber
114156120125195114156105
13553
13119984
141
66748196
11081
115112111
1925
Sep-tember
122150125105191129169155
14952
11319194
122
69788598«
12784
1251 123
85
October
132157132115196135183148
13253
170237101165
68778799
13285
13315966
Novem-ber
129145124119174120178146
13358
14422088
145
69779099
12786
12311783
PER CENT INCREASE (+)OR DECREASE (— )
November,]925, fromOctober,
1925
2. 37 6
-6.1+ 3. 511. 2
-11. 1-2.8-1. 4
+ 0.8+ 9.4
15 37 2
12. 9-12. 1
+ 1.50.0
+ 3.40.0
-3.8+ 1.2
-7.426 4
+ 25.8
November,1925, from
November,1924
+ 13.27 1
+ 3.34 8
10 8+ 5. 3
+ 14.0+ 39.0
1. 5+ 9. 4
+ 9.9+ 10.6+ 4.8+ 2.8
+ 4.5+ 4.1
+ 11.1+ 3. 1
+ 15.5+ 6.2
+ 7.1+ 4.5
-25. 2
i See p. 28, Jan., 1925, issue (No. 41), for details of adjustment.
COURSE OF BUSINESS IN NOVEMBER
GENERAL CONDITIONS
Considering the length, of working time, industrialoutput in November was maintained at 2 per centbelow high level recorded for the previous month, thegeneral average for all industries being 16 per centabove November, 1924. Such basic commodities aspig iron, steel ingots, railroad locomotives, and zinccontinued the increases recorded in October, whilethe consumption of cotton by textile mills, withallowance for the difference in the length of month,also continued its upward tendency. Althoughawards for new construction were smaller than inOctober, the November lettings were substantiallyahead of November, 1924.
Paralleling the high level of industrial output wasan increase over both the previous month and a yearago of more than 10 per cent in the unfilled bookingsof producers of iron, steel, and building materials.
Stocks of commodities, after allowance for normalseasonal tendencies, showed little change from eitherthe end of October or November, 1924.» Distribution of merchandise by rail and water,seasonal conditions considered, was larger than ineither the preceding month or November, 1924.Sales of goods by mail-order houses and 10-centchains, though seasonally smaller than in October,were well above a year ago, while department storetrade was maintained at the October high level, theNovember sales volume being 3 per cent greater thanthat of a year ago. The usual seasonal decline fromOctober occurred in the volume of wholesale trade,with the November total 4 per cent ahead of Novem-ber, 1924.
Although average wholesale prices were 3 per centhigher in November than a year ago, no perceptible
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change was noted from the quotations of the preced-ing month. Employment continued to show increases,with an advance of 6 per cent over November, 1924,in the number of industrial workers engaged and 9per cent in the amount of pay roll. Sales of lifeinsurance, though smaller than in October, werelarger than a year ago.
Bills discounted by Federal reserve banks increasedduring November and at the end of that monthwere almost three times as large as a year ago whiletotal reserves and the reserve ratio continued todecline. Loans and discounts of member bankscontinued to mount while investments were declining.
Interest ratesjbn call| loans j.averaged lower than inOctober and were almost twice as high as a year ago,while rates on commercial paper, though higher thana year ago, showed relatively little change from thepreceding month. Dividend and interest disburse-ments scheduled for payment during December wereconsiderably higher than in either the previous monthor a year ago, while average prices for industrial stocksin November were lower than in October, though pricesfor railroad stocks averaged higher. Business failureswere larger both in number and in defaulted liabilitiesthan in either the preceding month or November,1924.
SUMMARY OF INDEXES OF BUSINESS
PRODUCTIONManufacturing output in November, at 29 per cent
above the 1919 average, with allowance for length ofworking time and 13 per cent above November of ayear earlier, showed the following group increases overa year ago: Iron and steel, 24 per cent; lumber, 16per cent; oils and chemicals, 9 per cent; paper andprinting, 12 per cent; tobacco products, 9 per cent;stone and clay products, 9 per cent; textiles, 4 per cent;nonferrous metals, 5 per cent; and food-stuffs, 3 percent, with a decrease from November, 1924, in theoutput of leather and its products.
The production of raw materials was smaller inNovember than in either the previous month or ayear ago, increases over November, 1924, in the out-
put of mineral and forestry products being insufficientto offset declines in the marketings of animal productsand crops. Declines from a year ago in the market-ings of animal products were general with the excep-tion of fish and milk, which showed increases. Forcrops similar conditions existed, with an exception inthe marketings of cotton and miscellaneous products,which increased over a year ago.
Among the minerals, increases over November,1924, were recorded in the output of petroleum,bituminous coal, iron ore, lead, and zinc, with declinesin anthracite coal, copper, gold and silver. Forforestry products, increased output was registered inlumber and wood distillation while declines from ayear ago were recorded in pulpwood and gum.
RELATIVE PRODUCTION, STOCKS, AND UNFILLED ORDERS FOR MANUFACTURED COMMODITIES
[1920 monthly average=100. This chart shows stocks of manufactured commodities only, while adjustment has been made for both stocks and production for the respectiveseasonal movements. Unfilled orders are principally those for iron, steel, and building materials. November, 1925, is latest month plotted, the production curve beingbased on preliminary figures, which were 3 points higher than the later figures presented in the text.]
160
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8
COMMODITY STOCKS
Stocks of commodities held at the end of Novembershowed little change from the previous month and ayear ago, after adjustment for seasonal conditions.Increases over November 30, 1924, in the holdings ofraw materials for manufacture, amounting to 12 percent and in the stocks of manufactured commoditiesof 10 per cent, balanced declines of 16 per cent in rawfoodstuffs stocks and 14 per cent in inventories ofmanufactured foodstuffs.
SALES
The unfilled order index of iron and steel andbuilding materials increased 9 per cent over boththe preceding month and November a year ago.Iron and steel unfilled orders were 9 per cent higherthan in October and 12 per cent higher than a yearearlier and orders for building materials 7 per centhigher than in October and 2 per cent greater thanin November, 1924.
The index of wholesale trade increased 5 per centover November of last year, the decline from Octoberbeing largely of a seasonal character. All groupsparticipated in the general increase over a year ago,the increases, in value of sales, ranging from 1 percent for drugs to 13 per cent for meats.
Sales of mail-order houses were 15 per cent smallerthan in October, but 10 per cent greater than a yearearlier, as seen from reports from 4 houses. Salesby 10-cent, music, grocery, drug, and candy chainsalso recorded larger volume than in November, 1924,while declines from a year ago were registered in thesales of cigar chains and shoe chains. Departmentstore sales were also smaller than in October; but were3 per cent larger than a year ago. Department storemerchandise stocks increased during November bothas compared with October and a year ago.
PRICES
Average prices received by farmers in Novembershowed an increase of almost 1 per cent from October
and 5 per cent over a year ago. Advances over theprevious month were general, except for meat animalsand cotton, which declined; while, as compared withthe preceding year, prices for grain, cotton, and un-classified commodities were alone lower.
Wholesale prices, as seen from the Departmentof Labor index, showed no change in the generallevel which prevailed during the preceding monthbut averaged 3 per cent higher than a year ago.Prices for food, fuel and lighting, metals and metalproducts, building materials and miscellaneous goodsincreased over October, but these increases were in-sufficient to offset the decline which occurred in theprices of farm products, cloths and clothing andhouse-furnishing goods. Increases were shown in thewholesale prices for producers' goods and consumers'goods over the preceding month, while raw productsdeclined. Commercial indexes showed higher pricesin November than in the preceding month.
The cost of living index continued to rise, standingfor November at something less than 4 per cent abovea year ago, the principal increase, over both the pre-vious month and a year ago, occurring in the cost offood.
EMPLOYMENT
Industrial employment was 1 per cent greater thanin October and 6 per cent larger than a year ago, withall industrial groups showing increases over lastyear with the exception of food and tobacco products.The greatest increase in industrial employment wasregistered in vehicle factories and chemical plantswith no change noted from a year ago in lumber plants.Reports from States and cities indicate that the in-creases in employment were practically general overthe country.
Factory pay rolls, while recording no change fromthe preceding month, were 9 per cent above a yearago, with the greatest increase, amounting to 20 percent, in vehicle factories, principally automobile,and only leather pay rolls showing a decline from theprevious year.
REVIEW BY PRINCIPAL BRANCHES OF INDUSTRY AND COMMERCE
TEXTILES
Receipts of wool at Boston were smaller than inOctober, the decline in the total being due to smallerarrivals of foreign wool. As compared with Novem-ber, 1924, wool receipts were smaller both as respectsdomestic and foreign wools. For the year thus far,an increase of about 2 per cent was registered over thefirst 11 months of 1924 in wool receipts. Importsof unmanufactured wools were larger by 5 per centand 53 per cent, respectively, than in October and ayear ago, while for the first 11 months the amount
of wool imported was 34 per cent greater than thecorresponding movement in 1924.
The consumption of wool by textile mills was smallerin November than in the previous month, this declinebeing very largely due to the shorter month. Woolenmachinery showed increased spindle-hour activity asregards all looms and carpet and rug machinery withdeclines from October noted in the activity of allspindles. Prices of raw wool advanced 6 per cent overOctober, but the prevailing quotations were 12 per centbelow a year ago. No changes were recorded in the
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prices for dress goods and men's suitings, but declinesof 3 per cent occurred in worsted yarn prices fromOctober.
Ginnings of cotton at the end of November were13 per cent greater than a year earlier while thereceipts of cotton into sight in November were 6 percent larger than a year ago. Exports of unmanufac-tured cotton, though smaller than in either thepreceding month or November, 1924, were 32 percent larger for the calendar year thus far than duringthe same period of 1924. Consumption of cottonby textile mills was smaller than in October but 10per cent larger than a year ago and, if allowance weremade for the shorter month, the November totalswould show an increase in activity in cotton millsover the preceding month. For the year thus farcotton consumption was 17 per cent greater thanduring the first 11 months of 1924.
RAW COTTON CONSUMPTION AND EXPORTS
[November, 1925, is latest month plotted]
Stocks of cotton held at mills and warehouses at theend of November were 14 per cent greater than a yearago, with an increase of 39 per cent over November30, 1924, in the holdings at mills. The world visiblesupply of cotton was 17 per cent higher at the end ofNovember than a year earlier.
More cotton spindles were active in Novemberthan in the preceding month and, despite a declinein the spindle-hour activity, the percentage to capacityrecorded an increase of 7 per cent over October and 9per cent over November, 1924. Billings of finishedcotton goods were smaller than in October but largerthan a year ago, while the operating activity of cottonfinishers showed similar comparisons. Exports ofcotton cloth, though smaller than in either October ora year ago, were, for the first 11 months of 1925, 14per cent greater than during the corresponding periodof 1924. Fine cotton goods produced in the NewBedford district showed a decline from both the pre-
76014— 26f 2
ceding month and a year ago, while the totals for theyear thus far were 20 per cent greater than was regis-tered for the same period of last year.
Wholesale prices of raw cotton averaged 6 per centand 14 per cent, respectively, lower than in the pre-vious month and in November, 1924. Prices forcotton yarns and print cloth were likewise lower inNovember.
SPINDLE ACTIVITY IN COTTON MILLS
[November, 1925, is latest month plotted]
1921
Imports of raw silk in November were 6 per centsmaller than in October but 7 per cent greater thana year ago, while deliveries of silk to consumingestablishments were 11 per cent smaller than in theprevious month and 27 per cent greater than a yearago. Silk deliveries during the first 11 months of1925 were 38 per cent greater than in the same periodof 1924. Stocks of silk held at the warehouses atthe end of November were 16 per cent smaller than ayear ago. The wholesale price of silk in the NewYork market, though averaging 2 per cent belowquotations in October, was 6 per cent higher than ayear ago.
Imports of burlap were smaller than in Octoberbut larger than a year ago while for unmanufacturedfibers imports were larger than in October and smallerthan in November, 1924. In the case of both burlapand fibers the arrivals from abroad during the first11 months of 1925 were greater than during the sameperiod of 1924.
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10
IRON AND STEEL
Shipments of iron ore from the mines were morethan twice as great in November as a year ago whilefor the calendar year an increase in this movementover the previous year amounting to 27 per cent wasrecorded. Consumption of iron ore, though smallerthan in October because of the shorter month, was23 per cent higher than a year ago, while for the 11months ending November 30, the increase over thesame period of 1924 amounted to 20 per cent. Stocks
of iron ore were 2 per cent larger on November 30than the holdings of a year ago.
Production of pig iron in November showed nochange from October, but was 20 per cent larger thanin November, 1924, making the increase in the total forthe first 11 months 18 per cent over the same periodof 1924. Merchant pig iron production showed anincrease in November both as respects the precedingmonth and a year ago. More pig iron furnaces werein blast at the end of November than at the end ofeither the preceding month or a year ago.
PRODUCTION OF PIG IRON AND UNITED STATES STEEL CORPORATION'S UNFILLED ORDERS
[November, 1925, is last month plotted]
14,000
600
The production of steel ingots was larger than inOctober, the November output being 25 per centabove a year ago. For the first 11 months of 1925,steel ingot production was 21 per cent greater thanduring the corresponding period of 1924. The outputof steel sheets by independent mills, though 4 percent smaller than in October, was 49 per cent aheadof November, 1924, while the total for the yearthrough November was 34 per cent greater than forthe same period of 1924. Unfilled orders for steelregistered increases of 12 per cent and 14 per cent,respectively, over the preceding month and Novem-ber a year ago. Corresponding increases in the for-ward business of independent steel mills were notedas compared with both these periods.
Bookings of steel castings were 14 per cent greaterthan in October but 6 per cent smaller than a year ago,an increase of 14 per cent in the orders for miscellaneousbookings as compared with November, 1924, beinginsufficient to offset the decline of 23 per cent in rail-road specialties. Bookings of fabricated structuralsteel declined from both the preceding month andNovember, 1924, but for the year thus far an increaseof 13 per cent was registered over the first 11 monthsof 1924. New bookings of fabricated steel plate,although larger than in October, were smaller thana year ago. Wholesale prices for iron and steelaveraged higher than in October.
New orders for machine tools were 8 per centgreater than in October and more than twice as largeas a year ago. New sales of foundry equipment alsoincreased over both the previous month and a yearago. New orders for power pumps, although smallerthan in October, were well above November, 1924.
NONFERROUS METALS
The mine production of copper was 4 per centsmaller than in October and 1 per cent smaller than ayear ago, while the total output at the mines duringthe first 11 months of 1925 was 7 per cent greater thana year ago. Smelter production of copper, althoughsmaller than in October, was 5 per cent greater thanin November, 1924. The world production of blistercopper was 4 per cent smaller in November than inthe preceding month and 9 per cent greater than a yearago, while the total for the first 11 months was 6 percent larger than the output during the correspondingperiod of 1924. Domestic shipments of refined copperin November were 8 per cent and 42 per cent greater,respectively, than in either the previous month or ayear ago. Copper exports declined from both thepreceding month and a year ago, while for the yearthus far a decline of more than 1 per cent was notedfrom the corresponding period of 1924 in the coppershipments abroad. Stocks of refined copper held inNorth and South America were 7 per cent smaller at
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11the end of November than the holdings of the previousmonth. Stocks of blister, on the other hand, were1 per cent greater than the holdings of a month earlier.
COPPER PRODUCTION AND EXPORTS
[November, 1925, is latest month plotted]
The consumption of tin as indicated by deliveries tomills was smaller in November than in either the pre-ceding month or a year ago but the total for the first11 months of 1925 was 17 per cent greater than duringthe same period of 1924. Stocks of tin held in theUnited States were 23 per cent and 9 per cent smaller,respectively, than the holdings at the end of Octoberand a year ago. Tin imports in November were 29per cent smaller than in October and 9 per cent greaterthan in November, 1924, bringing the total for thefirst 11 months 16 per cent above the imports duringthe same period of the preceding year. The wholesaleprice of pig tin averaged 3 per cent and 15 per centhigher, respectively, than the quotations prevailingin the preceding month or a year ago.
The output of primary zinc was greater than inOctober, the November production registering anincrease of 19 per cent over a year ago. For the first11 months of 1925 an increase of 10 per cent was regis-tered in the production of zinc. More retorts were inoperation on November 30 than at the end of either thepreceding month or November, 1924. Stocks of zinccontinued to decline, the holdings at the end of Novem-ber being 74 per cent below a year ago, while the pricecontinued to average higher, the November quota-tions being 27 per cent above the prevailing prices of ayear earlier.
The output of lead, although 6 per cent smallerthan in October, was 7 per 6ent greater than inNovember, 1924, while the total for the first 11months of 1925 registered an increase in lead pro-duction over 1924, amounting to 9 per cent. Leadore shipments from the Joplin district were greaterin November than in either the previous month orin November, 1924, the total thus far this year being29 per cent above the corresponding total for 1924.Stocks of lead held in the United States and Mexico
at the end of October were greater than at the endof either the previous month or a year ago, whilethe price of lead at New York was higher in Novem-ber than in either of these comparative periods.
Consumption of Babbitt metal declined in Novemberfrom the previous month. Shipments of fire ex-tinguishers were likewise smaller than in October.
RELATIVE PRODUCTION AND STOCKS OF ZINC
[1913 monthly average=100. November, 1925, is latest month plotted]
FUELS
The output of bituminous coal in November,although 5 per cent smaller than in the previousmonth, was 21 per cent greater than a year ago,while for the year thus far the output was 8 per centlarger than in the same period of 1924. Bituminouscoal exports were 19 per cent and 52 per cent larger,respectively, than in either the preceding month ora year ago. Consumption of bituminous by vessels,although smaller than in October, was 18 per centgreater than in November, 1924, with the total forthe first 11 months 10 per cent greater than for thesame period of the previous year.
PRODUCTION OF BITUMINOUS AND ANTHRACITE COAL
[November, 1925, is latest month plotted]
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12
Mine prices for bituminous coal were 6 per cent and11 per cent higher, respectively, than in October anda year ago. On November 1, 1925, the stocks ofbituminous in the hands of consumers were larger thanthe holdings a year earlier.
The production of anthracite coal, though nominal,due to virtual shut down of the mines, was morethan twice as large in November as in the previousmonth, but for the year thus far a decline in anthra-cite output from the same period of 1924 amountingto 25 per cent was registered. Wholesale prices forchestnut coal in New York markets averaged slightlyhigher than in October.
Production of beehive coke as well as by-productcoke registered increases over both the precedingmonth and a year ago, each of these types showingfor the calendar year thus far substantial increasesover 1924.
Production of crude petroleum declined from Octo-ber but was almost 10 per cent greater than inNovember, 1924. Imports, however, increased overOctober but were 26 per cent less than a year ago.Tank-farm and pipe-line stocks were 5 per cent lowerthan on November 30, 1924.
Output of refined oils also declined from October,except lubricating oil, but increases were made over ayear ago, except for Kerosene. Kerosene alone alsoshowed the only decline in stocks from a year ago,large increases occurring in the other products.
PRODUCTION OF BEEHIVE AND BY-PRODUCT COKE
[November, 1925, is latest month plotted]
1925
AUTOMOBILES
The production of passenger automobiles in No-vember, although 17 per cent smaller than in theprevious month, was 65 per cent greater than inNovember, 1924. For the first 11 months passengervehicles produced were 15 per cent larger in numberthan during the corresponding period of 1924. Auto-mobile trucks produced in November showed similarcomparison with the previous month and November,1924, while for the year thus far an increase in pro-duction amounting to 32 per cent was registered overthe same period of the previous year.
COMPARISON OF AUTOMOBILE PRODUCTION AND NEW BUILDING CONTRACTS
[November, 1925, is latest month plotted. Cumulatives for 1925 are through November]
550 550I I ' ' l92'5-'CUMuLAtivEs '-1926*
CONTRACTS AWARDED( 27 STATES)
BUILDINGCONTRACTS
AUTOMOBILEPRODUCTION
I 2 3 4 5 6 7 8 9 10 II YR.
1924-CUMULATIVES - 1924
TOTAL AUTOMOBILEPRODUCTION
, I 2 3 4 5 6 7 8 9 10 II YRI I I 1 I I I I I I i I I I i I I I I
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Exports of assembled automobiles were 26 per centand 111 per cent greater, respectively, than in thepreceding month and a year ago, while for the 11months ending November 30, shipments of automo-bile vehicles abroad were 63 per cent larger in numberof cars than during the corresponding period of thepreceding year, with trucks registering almost 100-per cent increase. Shipments abroad of accessoriesand parts, although smaller than in the previousmonth, were 12 per cent greater than a year ago,with a similar percentage increase for the first 11months as compared with the same period of 1924.
RUBBER
Imports of crude rubber were 9 per cent larger than inOctober and 12 per cent greater than in November,1924. For the first 11 months of 1925 rubber im-ports were 18 per cent greater than in the sameperiod of the preceding year. The wholesale price ofrubber averaged higher than in either October or inNovember, 1924.
HIDES AND LEATHER
Imports of hides and skins, although 36 per centlarger than in October, were 17 per cent smaller thana year ago, an increase in the importation of goat-skins, amounting to 79 per cent, being insufficient tooffset declines in the imports of calfskins, cattle hidesand sheepskins. For the year thus far, imports ofhides and skins were 6 per cent greater than duringthe same 11 months of 1924. Prices of hides andskins averaged lower in November than in either thepreceding month or a year ago.
IMPORTS OF HIDES AND SKINS
[November, 1925, is latest month plotted]
80,0001
60,000!
40,000
1,000
The production of sole leather in November was18 and 10 per cent smaller, respectively, than in thepreceding month and a year ago but for the calendaryear thus far sole leather output was 4 per cent largerthan during the first 11 months of 1924. The out-put of oak and union harness leather, althoughsmaller than in October, was 17 per cent greater thanin November, 1924, but the total through November30 was more than 2 per cent less than during the sameperiod of the previous year. The production of skiversshowed declines in November from both the precedingmonth and a year ago, while the total for the first11 months was 2 per cent larger than for the sameperiod of 1924. Although unfilled orders for oak andunion harness were 10 per cent smaller at the end ofNovember than the forward business of the precedingmonth, they were 5 per cent greater than on Novem-ber 30, 1924.
Exports of sole leather declined 39 per cent fromboth October and a year ago while upper leatherj
shipments abroad, although 2 per cent smaller thanin October, were 13 per cent greater than a year ago.As against a decline of 15 per cent from 1924 in thetotal exports of sole leather for the first 11 months ofthis year, there was an increase of 7 per cent over thesame period in the exports of upper leather. Theprices for sole leather averaged higher in Novemberthan in either the previous month or a year ago,with no changes noted from either of these periods inthe prices of chrome calf.
The production of boots and shoes in Novemberwas smaller than in the preceding month while bootand shoe exports were larger than in either the pre-ceding month or a year ago. Wholesale prices forshoes, although somewhat higher than the quotationsof a year ago, showed no change from October levels.The production of glove leather in November was 3per cent and 21 per cent larger, respectively, than inthe previous month and in November, 1924, with thetotal for the 11 months ending November 30 being 9per cent greater than in the same period of the pre-ceding year. Stocks of glove leather in the process oftanning were greater than at the end of October whilefinished stocks were less. Stocks, both in process andfinished, were smaller on November 30 than theholdings of a year earlier.
PAPER AND PRINTING
Wood-pulp activity was slightly less than inOctober except for imports of mechanical pulp,while increases occurred over a year ago in all itemsexcept stocks of chemical pulp, imports of mechanicalpulp showing a gain of 41 per cent over November,1924, and production 14 per cent.
Newsprint paper production, shipments and stockswere also less than in October, but about 10 per centgreater than a year ago except stocks at mills, which
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declined 31 per cent. Imports declined from Octoberbut increased over November, 1924, while exports weremuch greater than in either period. The number ofbook titles published declined from both October anda year ago, while shipments of salesbooks, though lessthan in October, were 13 per cent greater than inNovember, 1924.
Boxboard activity declined slightly from Octoberexcept for unfilled orders, but increased over a year agoexcept for stocks and rate of operation. Other classesof paper also had lower production and stocks than inOctober, while compared with November, 1924,production showed little change outside of an increaseof 24 per cent in fine paper, while stocks were generallylower, an increase of 28 per cent in book paper stocksbeing a prominent exception. Total paper productionwas 8 per cent less than in October but 7 per cent aboveNovember, 1924, stocks declining from both periods.
NEWSPEINT PAPER PRODUCTION AND MILL STOCKS
[November, 1925, is latest month plotted]
GLASS AND BUTTONS
Activity in the illuminating glassware industry wasslightly less than in October but higher than a yearago except for production. Polished plate glass out-put declined from November but was 22 per cent.larger than a year ago. Data supplied by the GlassContainer Association, covering 41 manufacturers ofglass containers, follows:
GLASS CONTAINERS
Net orders received (less cancellations)..ProductionShipments.. .Unfilled orders, end of month..Stock on hand, end of month
September 1 October November
Number of gross
2, 202, 3421, 759, 9261, 916, 1426, 782, 5994, 106, 947
2, 312, 1962, 031, 6201, 864, 9857, 245, 4004, 521, 215
2, 378, 4571, 921, 8181, 569, 8158, 400, 2764, 925, 878
i One firm missing in September.
November output of fresh-water pearl buttons, at47 per cent of capacity, showed a slight reductionfrom October production, while stocks increasedslightly during November. Compared with a year
ago, production was 31 per cent higher and stocks 10per cent lower.
BUILDING CONSTRUCTION
Building costs showed a slightly upward tendencyin November. The awards for building constructiondeclined from October in a seasonal movement with a6 per cent decline in volume and 11 per cent loss invalue, but November awards were 41 per cent higherthan a year ago in volume and 22 per cent higher invalue. Except for a decline of less than 1 per cent inpublic works awards, all classes of constructionshowed large increases over the 1924 awards.
Although fire losses were 26 per cent higher than inOctober, a decline of 22 per cent was made from ayear ago.
DISTRIBUTION OF BUILDING CONTRACTS BY CLASS OF CON-STRUCTION AND GEOGRAPHIC DISTRICTS
[Data are twelve-month moving monthly averages. November, 1925, is the latestmonth plotted]
• i i i i i i . | • i j
RESIDENTIAL
COMMERCIAL AND INDUSTRIAL10
50
40
20
101922
DISTRICTS AND TOTAL VALUES FOR 1924(IN THOUSANDS)
2 NEW YORK 1,329^3933 ' *•••' CHICAGO 1,049.5884 PITTSBURGH 578,3865 • • • • • • PHILADELPHIA 477.746.Q o oooo o BOSTON 352.1957 MINNEAPOLIS' 88.284
PUBLIC AND1*SEMI-i ' I i i I i i I i i | i i I i
1923 1924
PUBLIC
1925
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The foregoing chart shows strikingly the course and€omposition of building by major districts since 1921,it having been constructed with a view to showingthe ratio between each major group and the total asadduced from building contracts awarded in the 27northeastern states. The first point plotted coversthe average for the twelve months ending January,1922; the second point the twelve months endingFebruary, 1922, etc. By this means, it has been pos-sible to show the changes occuring since the presentbuilding wave set in, both as regards the total andthe respective important districts.
BUILDING MATERIALS
Lumber production in November showed the usualseasonal decline; compared with a year ago, southernpine output was almost stationary, redwood declined,while other species generally increased in output.Shipment trends were similar to production, exceptfor redwood, where an increase in shipments was noted
-over October. New orders for Douglas fir increasedover [both the previous month and a year ago, butorders for other species declined from both periods.Stocks of southern pine lumber declined from October31, but increased over a year ago, while western pinestocks exhibited the opposite trend. Hardwoodstocks increased over both periods, as did unfilledorders. Lumber exports declined from both periods,in spite of increases in southern pine, while pricesshowed a rising tendency.
The following tables present data on lumber and itsproducts recently made available:
HARDWOOD LUMBER 1
i Compiled from reports to the Hardwood Manufacturers' Institute by mills repre-senting from 100 to 125 units each week, the monthly data being obtained by apply-ing the percentages to normal production for every four or five weeks' period to an.average normal output of these mills of about 100,000,000 feet per month.
SOUTHERN CYPRESS l
PLYWOOD 1
MONTH, 1925
April ._MayJune . .JulyAugustSeptemberOctoberNovember.
Bookings Shipments Unfilled orders
Square feet of surface
3, 610, 6133, 678, 1583, 855, 3904, 456, 6895, 014, 0104, 571, 3845, 512, 0614, 932, 772
4, 685, 5243, 980, 0924, 420, 2184, 123, 9874, 179, 2254, 973, 5454, 832, 6215, 214, 486
4, 164, 7824,255,8874, 440, 4005, 002, 5996, 416, 7776, 627, 9117,518,3417, 657, 063
MONTH, 1925
August.. _. ... .. _,SeptemberOctoberNovember
Bookings \ Production1
Square feet of surface
5,808,8427, 471, 4737, 496, 2595, 199, 519
8,360,5916,696,078
MONTH, 1925
JulyAugustSeptember!.OctoberNovemberX)6cei"nbfli*
Produc-tion
Ship-ments Orders
Millions of feet, board measure
747278736568
738683939692
83919698
10790
MONTH, 1925
JulyAugustSeptemberOctober _. .November ._ _ _
Production Shipments New orders
Unfilledorders
(nearestWednesdayto end ofmonth)
Feet, board measure
26, 572, 04627, 389, 58327, 162, 51325,100,543
30, 097, 12627,409,81927, 573, 99527, 105, 875
28,402,59129, 466, 08331, 022, 30735, 575, 209
24,782,80125, 920, 00025, 596, 37730, 978, 50137,800,029
i Computed from weekly reports of the Southern Cypress Manufacturers' Asso-ciation, covering from 12 to 18 companies each week and prorated to a normal weeklycapacity of 6,258,283 feet, the overlapping weeks in each month being also proratedto obtain a monthly figure.
1 Compiled by the Plywood Manufacturers' Association from reports of 20 members(only 18 members in April), of which 2 or 3 report on shipments only. These datarepresent the business of building up veneers into plywood of from 3 to 8 thicknesses.Details as to kinds of wood and nature of cores are shown in the association's report.
PACIFIC COAST PLYWOOD l
1 Compiled by the Pacific Coast Plywood Association from reports of 6 mills.
Flooring production and shipments declined fromOctober but exceeded November, 1924, stocks on handincreasing over both periods. New orders and un-filled orders increased over October in oak flooring butdeclined in maple flooring, while all declined from ayear ago except unfilled orders of oak flooring.
Activity in the piano bench and stool industrydeclined from October but was larger than a year agoexcept in value of shipments.
Bookings of architectural terra cotta increased overOctober and were 34 per cent higher in tonnage than ayear ago.
Paving brick production and shipments declined,both from October and from November, 1924, stocksincreased over both periods, while new orders andunfilled orders declined from October but increasedover a year ago.
Cement production and shipments showed the usualseasonal decline from October and stocks an increase:compared with a year ago, production was larger, ship-ments smaller and stocks 62 per cent higher. Pricesin the Chicago district showed a declining tendency.
Concrete paving contracts awarded in Novemberdeclined from October in a seasonal movement butwere 16 per cent higher than a year ago, although forcountry roads less construction was let than inNovember, 1924.
Enameled sanitary ware orders and shipments madethe usual seasonal declines from October, while stocksincreased, except for sinks. Unfilled orders for bathswere reduced slightly during November, while forsmall ware an increase occurred. Except for declinesin miscellaneous ware, increases of 15 per cent or moretook place over November, 1924, in shipments, neworders and unfilled orders of enameled sanitary ware,while stocks on hand showed little change except forincreases of 22 per cent in baths and 29 per cent inlavatories.
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PRODUCTION, SHIPMENTS, AND STOCKS OF CEMENT
TNovember, 1925, is latest month plotted]
Data on vitreous china plumbing fixtures as com-piled from 35 manufacturers are presented below:
VITREOUS CHINA PLUMBING FIXTURES
[Number of pieces, A grade or regular selection]
MONTH, 1925
July .August.. _ . _. _SeptemberOctober _November
Ordersreceived
199, 909207, 977191, 831221, 906298, 108
Shipments
266, 987277, 822243 515246, 596196, 590
Unfilledorders
514, 062444, 217392 533367, 843469 361
Stocks onhand
303 271308, 105323 023367 843422 373
CHEMICALS AND OILS
Imports of potash and of nitrate of soda were largerthan in October, but potash imports were less than ayear ago. Exports of sulphuric acid and coal-tardyes were slightly larger than in October, but fer-tilizers and vegetable dyes were less. Comparedwith a year ago, both classes of dyes had much largerexports, but sulphuric acid and fertilizer shipmentswere smaller. Data on acid phosphate are shown inthe following table:
ACID PHOSPHATE 1
United States:Production ._Stocks, end of month .Consumption 2.
Northern States: 3
ProductionStocks, end of monthConsumption ._ .
Southern States: 2ProductionStocks, end of monthConsumption 2
August,1925
Septem-ber, 1925
October,1925
Novem-ber, 1925
Novem-ber, 1924
Reduced to tons of 16 per cent available phosphoricacid, which is equivalent to 320 pounds per ton
285,0031, 471, 305
122, 710
105, 836604, 24492, 724
179, 167867, 06129, 986
301, 3471, 476, 664
335, 804
92,643424, 753280, 747
208, 7041, 051, 911
55, 057
373, 1771, 695, 542
185, 906
139, 765504, 24566, 948
233, 4121, 191, 297
118, 958
348,0331, 785, 106
227, 176
131, 374554, 69262, 002
216, 6591, 230, 414
165, 174
291, 3781, 619, 464
118, 204
116, 666527, 51975, 327
174, 7121, 091, 945
42, 877
1 Compiled by the National Fertilizer Association from reports of acidulators repre-senting about 80 per cent of the industry; figures in greater detail are obtainablefrom the association.
2 Figures computed by adding production to stocks at the beginning of monthand subtracting from this sum the stocks at the end of the month, hence indicatingdisappearance or shipments from plants, and not, actually, fertilizer used.
s The south line of Virginia projected westward marks the division between theNorthern and Southern States for the purposes of this report.
IMPORTS OP POTASH AND NITRATE OF SODA
[November, 1925, is latest month plotted]
180
Except for a rise of 13 per cent in the index foressential oils, prices of oils and chemicals were generallylower or stationary as compared with October, buteither stationary or higher as compared with a yearago, except for crude drugs.
Wood chemical operations were on about the samescale as in October, while the price of acetate of limerose and stocks declined. November operations werehigher than a year ago, exports of acetate being 30per cent larger, but methanol exports were 75 per centsmaller. Stocks of wood at chemical plants were 18per cent lower than a year ago. Production andstocks of refined methanol declined from October.
Receipts and stocks of both turpentine and rosinat southern ports declined from November, 1924, theNovember receipts being also less than in October.
COTTONSEED OIL, PRODUCTION AND STOCKS
[November, 1925, is latest month plotted]
Both imports and exports of vegetable oils increasedover October, while imports alone increased over
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November. 1924. Oleomargarine consumption wasslightly less than in October but 46 per cent greaterthan a year ago. Cottonseed oil production increasedslightly over October and was also larger than a yearago, stocks of both cottonseed and oil on hand No-vember 30 being greater than a year previous. Flax-seed receipts and shipments in the Northwest wereconsiderably smaller than in November, 1924, whilestocks were higher. Linseed oil shipments fromMinneapolis declined from a year ago while oil-cakeshipments increased.
CEREALS
The December estimate of the wheat crop of 1925showed a reduction of almost 200,000,000 bushels fromthe previous year's outturn, due to the smaller winterwheat crop. Receipts and shipments of wheat con-tinued to run far behind the 1924 figures in Novemberand the visible supply in the United States was 53per cent less than a year ago, though the Canadiansupply was 35 per cent greater. Exports of wheat inNovember were 83 per cent less than a year ago inthe United States but 29 per cent greater in Canada.Wheat prices advanced over the October averages andwere higher than a year ago. Flour prices also in-creased over both periods.
The December estimate of the 1925 corn cropshowed an increase of almost 600,000,000 bushels overthe small 1924 crop. The visible supply on November30 was 62 per cent less than a year ago, but receipts,shipments, exports and grindings were all larger thana year ago. Although the price of corn averagedslightly less than in October, it was 25 per cent belowthe November, 1924, average.
The oats crop of 1925 was estimated at slightly lessthan the 1924 crop. Receipts and visible supply ofoats in November were less than a year ago, exportswere 79 per cent greater, and the price 23 per cent less,though showing almost no change from October.
The barley crop was estimated in December as 22per cent larger than a year ago. Receipts, exports,and pi ice were all much less than in November, 1924.
WHEAT RECEIPTS, EXPORTS, AND VISIBLE SUPPLY[November, 1925, is latest month plotted]
1920 1921 1922
76014—26t 3
With a decline of 24 per cent in the rye crop from1924, November figures on receipts and exports showedlarge declines from a year previous, while the price ofrye was 35 per cent less. Total grain exports inNovember were 64 per cent below a year ago, with a20 per cent loss for the 11-month period.
I The rice crop of 1925 was estimated at slightlylarger than the 1924 crop. Receipts, shipments,stocks and exports were from 36 to 81 per cent lessthan in November, 1924, while imports were 59 percent larger.
Car-lot shipments of potatoes and citrus fruitswere much smaller in November than a year ago, butincreases occurred in shipments of apples and onionsand in receipts of hay. Cold storage holdings ofapples were 22 per cent larger than a year ago.
MEATS AND DAIRY PRODUCTS
The movement and slaughter of cattle and calvesin November declined both from the previous monthand a year ago, the decrease from October being theusual seasonal trend. Exports of beef were less thanat either period also, while storage holdings, thoughincreasing seasonally, were about half as large as on
J November 30, 1924. Cattle and beef prices averagedless than in October but higher than a year ago exceptfor carcass beef.
Hog movement and slaughter increased seasonallybut was less than a year ago except for stocker andfeeder shipments. Exports of pork products declinedfrom both previous periods while storage holdingswere 10 per cent less than a year ago. Lard outputdeclined 18 per cent from November, 1924, and storageholdings and exports also decreased from that period.Hog and pork prices were slightly lower than inOctober but higher than a year ago.
Sheep movement and slaughter also declined season-ally from October and was less than a year ago exceptfor slaughter, which increased 47 per cent. Storageholdings of lamb and mutton were about half thestocks on November 30, 1924. Prices of sheep in-creased both over October, 1925, and November, 1924.
Poultry receipts and storage holdings increasedseasonally over October but were both slightly lessthan in November, 1924. The fish catch also de-clined from October but was 8 per cent larger thana year ago. Storage holdings of fish on November15 were 6 per cent larger than a month previous but12 per cent less than a year ago.
Butter receipts and stocks underwent the usualseasonal decline, stocks being 26 per cent lower thana year ago but receipts and prices were higher.Cheese holdings and receipts also declined seasonallyfrom October but both were higher than a year ago,as well as the price. The seasonal decline alsoaffected egg receipts and storage holdings, the formerdeclining slightly from a year ago while the latterincreased.
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RELATIVE RECEIPTS OF BUTTER, CHEESE, AND EGGS ATPRIMARY MARKETS
[1919 monthly averages=100. November, 1925, is latest month plotted]
20
SUGAR, COFFEE, AND TEA
The usual seasonal decline from October took placein sugar refining activity and in the movement of theCuban crop, but receipts of the domestic crop beganto come to market in large quantities in November.Sugar refining activities and the Cuban movementwere both considerably larger in November than ayear ago. Prices of sugar averaged higher than inOctober but were 30 per cent less than a year ago.
RAW SUGAR: IMPORTS, MELTINGS, AND REFINERY STOCKS
[November, 1925, is latest month plotted]
Coffee imports showed little change from eitherOctober, 1925 or November, 1924, but the visiblesupply in the United States increased 35 per cent overthe end of October but was less than a year ago. Teaimports declined 15 per cent from October but in-creased over November, 1924.
TOBACCO
The December tobacco crop estimate showed a gainof about 100,000,000 pounds over the 1924 crop.Sales from loose-leaf warehouses were larger in No-vember than in October and 68 per cent larger than ayear ago. Tobacco manufacturing activities, asshown by consumption figures, were less than inOctober but about the same as a year ago except fora gain of 22 per cent for cigarettes. Exports of un-manufactured leaf tobacco were smaller than inOctober but larger than a year ago, while cigaretteexports exhibited the opposite tendency.
RELATIVE CONSUMPTION OF CIGARETTES AND CIGARS
[1913 monthly average=100. November, 1925, is latest month plotted]
SHIPPING
Panama Canal traffic showed little change fromNovember and was 3 per cent larger than a yearago. Sault Ste, Marie Canal traffic was larger thana year ago, both in November and for that portionof December during which the canals were open, thetotal traffic for the year 1925 showing an increase of12 per cent over 1924. River traffic on both theMississippi and Ohio Rivers was less than in October;Mississippi cargoes being 19 per cent larger than inNovember, 1924, and Ohio River cargoes 24 per centless. Vessel clearances in foreign trade showed adecline from October, with little change from a yearago except for the larger proportion of foreign ton-nage. Vessel construction in November was con-siderably less than in either the previous month orNovember, 1924.
RAILROADS
The surplus of idle freight cars increased duringNovember but was less than a year ago; freight-carshortages were still further reduced and, owing tothe increase in coal-car shortages, were about thesame as a year ago. The decrease in car loadingsfrom October was seasonal. Compared with a yearago, loadings were 5 per cent larger, declines occur-ring only in grain, livestock, and forest products, whileore loadings increased 83 per cent. The bad-ordercars at the end of November increased slightly, butwere 12 per cent less than a year ago.
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LOCOMOTIVE SHIPMENTS AND UNFILLED ORDERS[November, 1925, is latest month plotted]
Shipments of locomotives by manufacturers in-creased 24 per cent over October but declined fromNovember, 1924. Unfilled orders of locomotive manu-facturers increased over both periods, but fewerlocomotives were under construction in railroad shops,especially as compared with a year ago. Freight andpassenger car orders by railroads were less than a yearago, though freight-car orders were more than twiceas large as in October.
SHORTAGE, SURPLUS, AND BAD-ORDER FREIGHT CARS
[November, 1925, is latest month plotted]
DISTRIBUTION MOVEMENT
November sales of mail-order houses were seasonallysmaller than in October but registered an increase of 13per cent over the same month of 1924. The totalvolume of sales for the first 11 months was 15 per centgreater than during the same period of the previousyear. Sales by 10-cent store chains were likewiseseasonally smaller, November business registering anincrease of 11 per cent over the corresponding monthof 1924. For the 11 months ending November 30,10-cent chain store sales were 13 per cent greaterthan during the same period of 1924.
National advertising appearing in metropolitannewspapers was smaller in November than in theprevious month, while the general newspaper adver-
tising in representatives cities, though 14 per centlarger than in November, 1924, registered a declineof 2 per cent from October. For the first 11 months of1925 newspaper advertising was almost 5 per centgreater than during the same period of the precedingyear. Magazine advertising showed increases overthe previous month and the same month of 1924 withan increase of 3 per cent in the cumulative totals.Postal receipts in the 100 largest cities were smallerthan in October but 13 per cent greater than inNovember of last year, with an increase of 9 per centfor the 11 months through November over the corre-sponding period of 1924.
SALES BY MAIL-ORDER HOUSES AND 10-CENT CHAIN STORES
[November, 1925, is latest month plotted]
70
LIFE INSURANCE
New sales of life insurance were smaller than inOctober but 25 per cent greater than in November,1924, all types showing declines from the previousmonth except group insurance. Increases in thevalue of new insurance written in November as com-pared with the same month last year amounted to 14per cent for ordinary, 38 per cent for industrial, and188 per cent for group insurance. For the first11 months of 1925 the value of new estates created,carried to maturity, was 20 per cent greater than
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during the same period of the preceding year, thegreatest increase occurring in the group form ofinsurance, which registered a 66 per cent advance over1924. As compared with an increase of 20 per centin the value of new insurance written during the 11months, there was registered an advance of only 15per cent in the number of policies and contracts forthe same period, indicating larger values per policy.Premium collections of representative life insurancecompanies were 1 per cent and 26 per cent larger,respectively, than in the previous month and a yearago, while for the calendar year thus far an increase of15 per cent in premium collections was registered overthe same period of 1924. Admitted assets of thesecompanies were 1 per cent and 11 per cent greater,respectively, at the end of November than at the endof the previous month and a year ago.
Sales of ordinary life insurance by geographicaldistribution showed declines in all districts from thepreceding month ranging from 1 per cent for the farwest to 8 per cent for the western manufacturingdistrict, while as compared with a year ago, all dis-tricts showed increases ranging from 12 per cent forthe western agricultural section to 24 per cent forthe southern district. For the first 11 months of theyear 1925 the greatest percentage increase over thesame period last year was registered in the westernagricultural section, with the eastern manufacturingdistrict and southern sections next in order.
BANKING
Check payments both in and out of New YorkCity were smaller than in October and larger than ayear ago. For the first 11 months of 1925 the dollarvolume of check transactions in New York City was20 per cent greater than in the same period of the pre-ceding year, while for the country outside an increaseof 13 per cent was registered.
Bills discounted by Federal reserve banks werelarger at the end of November than at either the endof the previous month or November, 1924, while notesin circulation, though larger than at the end of Octo-ber, were smaller than in November and the samemonth of last year. Investments of Federal reservebanks continued to mount during November, but atthe end of that month were 19 per cent smaller thana year previous. The deposits in Federal reservebanks as well as the Federal reserve ratio declined inNovember from the preceding month, with the ratio 8per cent below a year ago.
Loans and discounts of Federal reserve memberbanks continued to mount, standing at the end of No-vember at almost 9 per cent above a year ago. In-vestments, on the other hand, were smaller in No-vember than for either the previous month or a yearago, with net demand deposits showing similar com-
parisons. Interest rates on speculative funds in theNew York market were slightly lower than in Octo-ber, but almost twice as high as in November,1924. Rates on commercial paper averaged lower inNovember than in the previous month and were only35 per cent greater than in November of the previousyear. Savings deposits continued to mount, standingat the end of November at 6 per cent above a yearago.
BILLS DISCOUNTED AND TOTAL INVESTMENTS OF FEDERALRESERVE BANKS
[November, 1925, is latest month plotted]
3,000r
Prices of stocks on the New York Stock Exchangeshowed a slight decline for industrials from the monthof October and an increase of 3 per cent from thesame month in average prices for railroad stocks. Ascompared with November, 1924, average prices forindustrials were 41 per cent higher and for railroads16 per cent higher. The volume of turnover on theNew York Stock Exchange was 71 per cent greaterduring the first 11 months than during the sameperiod of the preceding year.
Bond prices were higher on the average than ineither the preceding month or a year ago, the largestincrease over these two periods occurring in the aver-age prices for second grade railroad bonds. Highestgrade rails showed relatively little change in pricefrom October and a year ago.
Dividend and interest payments scheduled for dis-bursement during December were 4 per cent and 7 percent larger, respectively, than for November and ayear ago. For the calendar year, payments to in-vestors were on the whole 6 per cent greater thanduring 1924 with the total payments of dividends 5per cent greater, this ratio being applied to indus-trial corporations and steam railroads while a gain of12 per cent was made in dividends of street railways,
PUBLIC FINANCE
The gross debt of the national government con-tinued to decline and at the end of November was 4per cent less than a year ago. Customs receipts inNovember were 9 per cent smaller than in Octoberbut 21 per cent greater than in November, 1924.
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21
For the first 11 months of 1925 customs revenueswere 4 per cent larger than in the same period of thepreceding year. Money in circulation, althoughgreater than in October, was smaller in amount thana year ago.
Agricultural loans outstanding increased duringNovember and at the end of that month were con-siderably higher than a year ago for all agencies en-gaged in this function except the War Finance Cor-poration.
CORPORATE FINANCE
The capitalization of new incorporations in Novem-ber was more than twice as large as in October or inNovember, 1924, while, for the calendar year thus far,the aggregate new capital for new enterprises was 40per cent larger than during the same period of 1924.New corporate securities issued in November althoughsmaller than in October, were 27 per cent aboveNovember of the preceding year, while for the first11 months of 1925, new issues were 12 per cent largerthan during the same period of 1924.
NUMBER OF BUSINESS FAILURES AND DEFAULTED LIABILITIES
[November, 1925, is latest month plotted]
1920 1921 1922 1923 1924 1926
Business failures were larger in November, both inpoint of liabilities and in number than either the pre-ceding month or November, 1924. For the first 11months, business failures were 18 per cent smaller indefaulted liabilities, but 4 per cent greater in number,respectively, than during the same period of the pre-
COMPARISON OF WHOLESALE PRICES AND STOCK PRICES
[Twelve-month moving averages. November, 1925, is latest month plotted]
300 ISO 16 0
9250
o£240j1
J230 0115 0125 -U.S.DEPT.WHOLESALE
02|0QI05
"PRICE, 25 INDUSTRIAL STOCKS
7 \
OF |LABOR—;
"RICEINDEXX
PRICE/25 RAILROAD STOCKS
\
n i i n i1916 I 1917 1918
* i S I 5 § S I I i § 5« i o 5 « ^ o - » < - » o - >. - . 8 5 I ? $ 1 I I § < I I §1919 I 1920 I 1921 I 1922 I 1923 ! 1924 I 1925 I
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22
ceding year. A decline in liabilities from 1924,amounting to 43 per cent in the failures of manufac-turing establishments, more than offset increases of11 per cent and 14 per cent, respectively, in the lia-bilities of failing mercantile establishments andagents and brokers. As in the case of liabilities,manufacturing establishments failing were smallerin number than during the 11-month period of 1924,the decline of 3 per cent being insufficient, however,to offset an increase of 8 per cent in the number offailures among merchants.
GOLD AND SILVER
Receipts of gold at the mint were smaller in Novem-ber than in either the previous month or a year ago,but for the calendar year thus far registered a declineof 3 per cent from the same period of 1924. The Randoutput of gold was also smaller than in either theprevious month or in November, 1924, but for thefirst 11 months of 1925 totaled slightly higher thanduring the same period of 1924. Gold imports weresmaller than in either October or November, 1924,while exports of gold, although smaller than in October,were more than three times as large as in November,1924, but the total shipments of gold abroad during thefirst 11 months were considerably in excess of the cor-responding movement in 1924. As against an excessof $287,000,000 in the imports of gold for the first 11months of 1924, an export excess of $136,000,000 wasnoted in the gold movement during the same periodof 1925.
Silver production, although 15 per cent smaller thanin November, 1924, was 3 per cent greater than inOctober. For the first 11 months, silver output was 2per cent smaller than in the corresponding period of1924. Imports and exports of silver were each smallerthan their corresponding movement of the previous
month and November, 1924. The price of silver atNew York continued to average lower.
GOLD: SHOWING EXCESS OF IMPORTS AND EXPORTS
[November, 1925, is latest month plotted]
FOREIGN EXCHANGE AND TRADE
Exchange on England, Japan, Argentina, and Chileaveraged higher in November than in the precedingmonth, while as compared with November, 1924, rateson these countries were 5 per cent, 10 per cent, 10 percent, and 8 per cent higher, respectively. Other prin-cipal currencies showed no change from the prevailingrates in October with the exception of the French francand the Brazilian milreis, which declined 9 per cent and1 per cent, respectively, from the preceding month.These two currencies were likewise lower than inNovember, 1924, the French franc making a decline of25 per cent and the milreis a decrease of 6 per cent.
Imports of merchandise in the United States were 1per cent and 2.7 per cent greater, respectively, than inOctober and a year ago, while exports were 9 per centsmaller in November than in either of these compara-tive periods.
FACE BRICK[In thousands of brick]
MONTH
JanuaryFebruaryMarchApril
MayJuneJulyAugust
September .October. _NovemberDecember
Monthly average
PRODUCTION
1922
291265481557
677738639633
671805687645
591 ~
1923
617464655710
801762735833
713755656595
691
1924
454470574680
805747775743
692745664639
666
1925
548508670777
833817837812
723823683640
723
SHIPMENTS
1922
171214426563
697701617631
566578531438
511
1923
410^381614748
802716636762
638731545377
616
1924
326384609777
837710697714
722692555366
616
1925
283436732902
890875822733
681651504409
660
STOCKS, END OF MONTH
1922
1,7731,7641,8061,717
1,5001,466, 336,234
,306,434,503,694
1,544
1923
1,8451,9161,9251,871
1,7761,858,939,882
,348,409,451,662
1,740
1924
1,7161,7531,6571,678
1,4731,4481,5101,503
1,4571,4751,4331,803
1,576
1925
1,8012,0682,0341, 769
" 1, 6881,5891,5031,477
1,5221,6931,7131,978
1,736
UNFILLED ORDERS, END OFMONTH
1922
365517682829
1,0821,1091,1061,025
1,050923834783
859
1923
1,0641, 3111,5631,686
1,5611,3911,2811,319
1,0641,039
899755
1,244
1924
8881,0401,1451,264
1,1941,109
949936
808781716644
956
1925
728•949
1,0911,140
1,2001,1531,007
892
929903835770
966
1 Data compiled by American Face Brick Association, representing averages per plant in order to allow for the variation in number of firms reporting. About 70 firmsusually report.
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BOOK PAPER
MONTH
January..FebruaryMarch . .April
MayJune. .JulyAugust
SeptemberOctoberNovemberDecember
COATED
Pro-duc-tion
Ship-ments Orders
Per cent of normalproduction
Un-filled
orders,end ofmonth
Days
UNCOATED
Pro-duc-tion
Ship-ments Orders
Per cent of normalproduction
Un-filled
orders,end ofmonth
Days
1924
79939998
98978286
91989885
859698
100
94888589
89949184
8294
10385
88748188
87838882
13121512
1299
10
10777
87939495
99958796
9210110596
90989596
96949093
1 9510110293
120969994
89838894
96969794
14151717
16131213
13121212
COATED
Pro-duc-tion
Ship-ments Orders
Per cent of normalproduction
Un-filled
orders,end ofmonth
Days
UNCOATED
Pro-duc-tion
Ship-ments Orders
Per cent of normalproduction
Un-filled
orders,end ofmonth
Days
1935
95101100100
95887670
72778078
9496
10199
93867773
77808278
9110010291
79747375
67777579
10111311
8887
7768
102106107102
95908791
909494
9810610399
89878088
879393
1081089892
83838190
889489
15151512
11111011
121111
1 Compiled from weekly reports of the American Paper and Pulp Association from about 28 mills on coated paper and 10 mills on uncoated paper.
FUEL CONSUMPTION BY RAILROADS1
MONTH
January _FebruaryMarch _April
MayJune. _ __JulyAugust
SeptemberOctoberNovemberDecember . -
Monthly average
1920 1921 1922 1923 1924 1925
COAL CONSUMED(Thousands of tons)
10, 3049,468
10, 1348,186
8,9248,6468,9709,526
9,1099,883
10, 00210, 265
9,451
9,2477,6457,7197,057
7,1586,7936,8957,272
7,4078,6808,1217,732
7,644
8,1217,8478,5036,890
6,9676, 7956,6137,279
7,8559,2809,765
10, 162
8,006
10, 3759,470
10, 3529,382
9,0448,3098,3198,550
8,5269,4159,0868,647
9,123
9,4369,0429, 0487,672
7,6066,9187,1137,341
7, 8538,5748,3608,944
8,159
9,2108,0118,1197,350
7,5757,1427, 3927,841
7,8318,992
1921 1922 1923 1924 1925
FUEL OIL CONSUMED(Thousands of gallons)
134, 095113, 908117, 238111,799
110, 867108, 901114,911114,819
116, 401133, 312124, 056126, 668
118, 915
126, 796107, 730123, 779116, 622
118, 572119, 598120, 829127, 178
138, 232154, 749155, 460156, 545
13C, 508
150, 297135, 518155,939148, 006
155, 043151, 70§160, 287169, 216
175,944198, 797194, 378184, 734
164, 989
188, 825167,951179, 274165, 198
162, 044152, 366160, 118168, 284
181, 983194, 659191, 671.192, 764
175, 428
185,666158, 451169, 224159, 209
159, 828157,061164, 215169, 010
182, 269205, 153
i Complied by the Interstate Commerce Commission from reports of 174 steam railroads of Class I, not including switching and terminal companies. Fuel used inswitching locomotives is not included in these reports. It is stated that about 3 per cent would be added to the coal consumption figures were these data included.A'oout 2 per cent of the coal consumed on railroads in 1923 was anthracite.
MISCELLANEOUS DATA
MONTH
JanuaryFebruary. . . __ _ , _MarchApril _ _ _ _ ...
MayJune. -JulyAugust ... ... . .
SeptemberOctoberNovemberDecember _ . _ .
FUE SALES i
1924 1925
FUR PURCHASES 1
1924 1925
Thousands of dollars
1,408991
1,4221,337
1,5602, 2573,9803,900
4,4353,5813,7832,903
1,298913
1,8781,666
2,3253,2265,4224,758
3,2535,6334,641
1,3905,3602,0631,274
1,3021,3541,2302,159
2,0151,3981,291
659
1,4905,7422,3441,934
2,0662,0152,2122, 108
1,6151,6891,760
POLISHED PLATE GLASSPRODUCTION 2
1923 1924 1925
Thousands of square feet
7,0776,2817,7187,188
8,0717,6277,0167,908
7,3107,8017,7157,357
7,6037,4248,2808,361
8,2037,3136,9206,650
6,9488,1547,8217,878
8,6748,5689,7749,848
9,8129,8859,928
10,328
10, 29710, 7149,889
SALES OF AUTOMOBILEACCESSORIES AND PARTS »
Origi-nal
equip-ment
Re-place-mentparts
Acces-sories
Serviceequip-ment
1925
Relative numbers—Jan., 1925=100
100101138183
174164165161
179214149
1008695
107
134129152130
100131133
100121159193
173172149149
155163158
100122162149
146159113113
12310096
1 Purchases of fur and sales of fur garments by 100 representative fur manufacturers in New York City, as compiled by Seidman <k Seidmant certified public accountants.* Production of polished plate glass compiled by Plate Glass Manufacturers of America, comprising practically the entire industry.3 Sales of automobile accessories and parts shipped to customers by 75 members of the Motor and Accessory Manufacturers' Association, the relative numbers being based
on value, with January, 1925, as 100,
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24
EMPLOYMENT IN MANUFACTURING INDUSTRIES BY MAJOR GROUPS
I Drawn from data compiled by U. S. Department of Labor, and representing weighted indexes based upon number of wage earners in the respective industries in 1919,Average monthly employment 1923=100. November, 1925, is latest month plotted]
. VEHICLES FOR LAND TRANSPORTATION
AMPED AND ENAMELED WARE OTHER THAN IRONAND STEEL
100
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25
INDEXES OF BUSINESS
The index numbers presented in this table are designed to show the trend in production, prices, trade,etc., in various groups of industry and commerce. They consist in general of weighted combinations of seriesof individual relative numbers; often the individual relative numbers making up the series are also given. Thefunction of index and relative numbers is explained on the inside front cover. A condensed form of this tableis given on page 6.
PRODUCTION(Relative to 1919 monthly average as 100)
RAW MATERIALS
Grand total. ... -
MINERALS
Total .Petroleum... ....__.....:... .......Bituminous coal -------Anthracite coalIron ore *CopperLead.ZincGoldSilver
ANIMAL PRODUCTS (marketings)
TotalWool*Cattle and calvesHogsSheepEggs*Poultry *FishMilk (New York)
CROPS (marketings)
TotalGrains *Vegetables * . .Fruits*Cotton products * ,Miscellaneous crops * _
FOREST PRODUCTS
TotalLumber . . . .Pulpwood ...Gum (rosin and turpentine) *Distilled wood
MANUFACTURING
Grand total (adjusted for working days).-Grand total (unadjusted) .
FoodstuffsTextilesIron and steelLumber .Leather . -Paper and printingChemicals, oils, etcStone and clay productsMetals, excepting iron and steelTobaccoMiscellaneous. .
Maxi-mumsince
Jan. 1,1920
179
146216137121241148188136131145
138227143177153245390163190
246242254405310170
135137164267149
133137129130147166115121191164195132148
Mini-mumsince
Jan. 1,1920
71
621054100
1774385780
801958645430214594
494358501919
6159512024
71647754325763699269717037
1994
Sep-tember
152
12818910910478
12616699
109117
11083
12586
13473
100115134
19323116126017588
11911896
21588
1141141129295
13587
102148134164118120
October
179
13519012510571
137168112129119
11262
13310714662
138117136
246242228357278120
12312112116998
11612111211110514496
113165143163123121
Novem-ber
156
1201791089226
135165112108119
12569
1151318339
31381
128
195166141184271120
11411111517996
11411010010110613181
102166128152106100
1925
Sep-tember
150
125205121
194
13415712580
103
10542
10573
1167895
162141
191156199332234110
12913272
216104
12212210697
11815889
106174148183123118
October
157
132204137
189
14018812413098
11533
13691
14160
139122138
196106234274310114
135137103178104
13213711210813016696
118188164193132148
Novem-ber
145
124196131
254
134177134104101
11941
1111037636
31487
133
174110121175277138
120120112131107
12912497
10513115277
114181140160116130
PER CENT INCREASE (+)OB DECBKASE (-)
November,1925, from
October, 1925
-7.6
6.1-3.9
4 4+ 100.0-39.3
- -4.3-5.9+ 8. 120.0
+ 3.1
+ 3.5+24.2
18.4+ 13.2
A(\ 1
40.0+ 125.9-28. 7--3.6
-11.2+ 3. 848.3
-33.7— 10. 6+ 21. 1
11. 1-12. 4+ 8. 7
-26.4+ 2.9
-2.39. 5
13. 42. 8
+ 0.88. 4
19. 83 43 7
14. 6-17. 1
12 112 2
November,1925, from
November, 1924
7 1
+3.3+9. 5
+ 21.3O7 9
+ 107.70.7
+ 7.3+ 19.6-3.7
-15. 1
4.840.6-3.521.4
8 4.-7.7+ 0.3+ 7.4+ 3.9
10.833.7
-14.24.9
+ 2. 2+ 15.0
+5.3+ 8. 1
2.6-26.8+ 11.5
+ 13.2+ 12.7+ 3.0+4.0
+ 23.6+ 16.0
4. 9+ 11.8+ 9.0+ 9.4+ 5.3+ 9.4
+ 30. 0
* Fluctuations between maximum and minimum due largely to seasonal conditions.
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26
INDEXES OF BUSINESS—Continued
STOCKS(Relative to 1919 monthly average as 100)
(Corrected for seasonal variation)Total .. --
Raw foodstuffsRaw materials for manufactureManufactured foodstuffs. .Manufactured commodities
(Unadjusted index)Total -..-
Raw foodstuffs -Raw materials for manufactureManufactured foodstuffs .Manufactured commodities
UNFILLED ORDERS(Relative to 1920 monthly average as 100)(Iron, Steel, and Building Materials)
Total (8 commodities)Iron and steelBuilding materials
WHOLESALE TRADE(Relative to 1919 monthly average as 100)
(Distributed by Federal Reserve Districts)
Grand total all classesHardware (10 districts) .Shoes (8 districts) ...Groceries (11 districts)Drugs (7 districts)Dry goods (8 districts)Meats « - .
RETAIL TRADE
(Relative to 1919 monthly average as 100)
MAIL-ORDER HOUSES (4 houses)CHAIN STORES:
Ten-cent (5 chains) _ _ _Music (4 chains)Grocery (27 chains) . _Drug (9 chains) -Cigar (3 chains)Candy (5 chains).Shoe (6 chains)—.
DEPARTMENT STORES:Sales (359 stores)Stocks (314 stores)
EMPLOYMENT(Relative to 1923 monthly average as 100)
Number employed, by industries:Total, all classes ,
Food productsTextilesIron and steel . . .. „Lumber -LeatherPaper and printingChemicalsStone, clay, and glassNonferrous metals 2
Tobacco products !.„VehiclesMiscellaneous
Maxi-mumsince
Jan. 1,1920
153233189115183
162236202115177
116112153
120129136135133150*89
170
366214318187193282186
210154
Mini-mumsince
Jan. 1,1920
9173895886
8470685688
403225
60594362885846
I
49
8455
11910910610972
80100
1924
Sep-tember
13414511890
165
127119116100157
463497
931066993
11711671
106
169110210145137189124
119137
879784809391
100889589958482
Octo-ber
13514813086
160
14314516893
157
433481
9511067
10012810478
141
.203124240159144199138
141147
889786819492
101899589888584
Novem-ber
13515213484
155
14415418083
158
534299
84985789
1098869
131
199111232145138186145
141148
889586829391
101899590978485
1935
Sep-tember
14916016179
181
14013315987
171
5338
109
941097292
12011282
114
191136243169142202 •129
122143
919287869495
10097
10096929290
Octo-ber
13311315173
176
14212020177
172
534394
1011227799
13311887
170
237141318179151215164
165149
939590879495
10298
10198959589
Novem-ber
13312815072
170
145134202
72172
5847
101
871035990
1109178
144
220140268167136195136
145154
939490899392
10398
100100959491
PER CENT INCREASE (-f )OR DECREASE (-)
November,1925, from
October, 1925
+ 0.8+ 13.3-0.7— 1. 4-3.4
+3.1+ 11.7+ 0.5-6.5
0.0
+ 9.4+ 9.3+ 7.4
-13.915 623 4
-9. 117 322 9
-10. 3
-15.3
-7. 2-0.7
-15.7-6.7-9.9-9.3
-17. 1
-12. 1+ 3.4
+ 1.1-1. 1
0.0+2.3
1 i3 2
+ 1.00.0
-1.0+ 2.0
0.0-1. 1+ 2.2
November,1925, fromNovember,
1924
1 5-15. 8+ 11.9-14.3+ 9.7
+ 0. 7-13. 0+ 12.2-13.3+8.9
+ 9.4+ 11.9+ 2.0
+ 3. 6+ 5.1+ 3.5+ 1.1+ 0.9+ 3.4
+ 13.0
+ 9. 9
+ 10.6+ 26. 1+ 15.5+ 15.2-1. 4+ 4.8
6 2
+ 2. 8+ 4.1
+ 5.7-1. 1+ 4.7+ 8.5
0.0+ 1.1+ 2.0
+ 10. 1+ 5.3
+ 11. 1-2. 1
+ 11.9+ 7.1
1 Since Jan. 1. 1921.2 Includes stamped and enameled ware and brass, bronze, and copper products, shown for the first time.
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27
INDEXES OF BUSINESS—Continued
EMPLOYMENT— Continued(Relative to 1023 monthly average as 100)
Amount of pay roll, by industries:Total, all classes- _
Food productsTextiles--.Iron and steelLumber - _Leather -Paper and printingChemicalsStone, clay, and glassNonferrous metals1
Tobacco productsVehiclesMiscellaneous---. - _ _ -
PRICE INDEX NUMBERSFARM PRICES
(Relative to 1009-1014 average as 100)All groups .
Grain . .Fruits and vegetablesMeat animals .Dairy and poultry .Cotton and cotton seedUnclassified
WHOLESALE PRICESDepartment of Labor Indexet
(Relative to 1013)All commodities
Farm productsFood, etcCloths and clothingFuel and lightingMetals and metal productsBuilding materials _ChemicalsHouse-furnishing goodsMiscellaneous ......
Federal Reserve Board Regrouping of Departmentof Labor Indexes(Relative to 1013)
All commoditiesProducers' goods .Consumers' goods_.
Total raw productsAgricultural productsAnimal productsForest products .Mineral products
Commercial Indexes(Relative to 1013)
Dun's ( 1st of following month)Brads treat's (1st of following month) -
COST OF LIVINGNational Industrial Conference Board Indexes
(Relative to July, 1914)All items weighted .
Food (Dept. Labor)Shelter ...ClothingFuel and lightSundries
Maxi-mumsince
Jan. 1,1920
285283373186215304180
248243248346281203300213275208
247244249
249311218375272
218227
205219186288200192
Mini-mumsince
Jan. 1,1920
11088
10891
1227674
138114131171162109155121168111
198118146
135122103152165
134115
155139143153149171
1924
Sep-tember
8010084779691
101899884978285
132140113115133175100
149143148187168128171131171116
149130158
153164123180166
158141
104147185174166173
Octo-ber
899787819892
10390
10187888784
138150109121142182102
152149152188162127171132171120
152129161
156172130181165
160145
105149185177167173
1Novem-
ber
889783829685
103929990
1008487
137147108115150179106
153150154190163129172134172123
153131163
155176124182166
164147
105150184173168175
1935
Sep-tember
90938385
10091
10396
10393929191
14414814214314117890
100160160189170127174136168135
100131169
100169155184172
161154
108159178176168174
Octo-ber
90989092
10292
1081001099999
10093
14313515214115417190
158155158190172128174135168138
158133166
102162147185174
163155
170162178176170174
Novem-ber
90979093
10184
11010110910210110193
14413819413616214495
158154160188175130176135166142
158135168
160160139187176
164156
171167178176
175
PFR CENT INCREASE (+)OR DECREASE (•-)
November,1925, from
October, 1925
0.0-1.0
0.0+1.1-1.0-8.7+ 1.9+ 1 0
0.0' +3.0
+ 2 0+ 1.0
0.0
0.7+ 2. 2
+ 27.63 5
+ 5.215 8
+ 5.6
0.0-0.6+ 1.3-1. 1+ 1.7+ 1.6+ 1. 1
0.0-1.2+ 2.9
0.0+ 1.5+ 1.2
1. 21. 25. 4
+ 1.1+ 1. 1
+ 0.6+ 0.6
+ 0.0+ 3.1
0.00.0
+ 0.6
November,1925, fromNovember,
1924
+ 9.10. 0
+ 8. 4+ 13.4+ 5.2
1.2+ 6. 8+ 9.8
+ 10. 1+ 13.3+ 1.1
+ 20.2+ 6.9
+5.16 1
+ 79.6+ 18.3+ 8.019. 6
+ 10.4
+ 8. 3+ 2.7+ 3.8— 1. 1+ 7.4+ 0.8+ 2.3+ 0.7-3. 5
+ 15. 4
+ 3.3+ 3.1+ 3.1+ 3.2
9. 1+ 12. 1+ 2. 7+ 6.0
0.0+ 6.1
+ 3.0+ 11.3
3.3+ 1.7
0.0
'Includes stamped and enameled ware and brass, bronze and copper products shown for the first time.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
28
TREND OF BUSINESS MOVEMENTSThe following table contains a summary of the monthly figures, designed to show the trend in important
industrial and commercial movements. These data represent continuations of the figures presented in thelatest semiannual number (August, 1925), in which monthly figures for 1924 and 1925 may be found, togetherwith explanations as to the sources and exact extent of the figures quoted. The figures given below shouldalways be read in connection with those explanations. Data on stocks, unfilled orders, etc., are given as of theend of the month referred to. For explanations of relative numbers, including base periods, see introductionon inside front cover.
TREND OF BUSINESS MOVEMENTS
Where available December data havebeen included in this table. The cu-mulatives shown are in most instances,however, only through Novemberand, where designated by a footnote,through October. Earlier data foritems shown here may be found onpages 29 to 151 of the August, 1925,"Survey '*
TEXTILES
WoolReceipts at Boston:
Total thous. of lbs__Domestic thous. of lbs._Foreign _ _ thous. of lbs_.
Imports, unmanufactured thous. of IbsConsumption by textile mills,
grease equivalent thous. of Ibs. .Machinery activity, hourly:
Looms —Wide per ct. of hours active..Narrow ..per ct. of hours active..Carpet and rug.per ct. of hours active. .
Sets of cards per ct. of hours active. .Combs per ct. of hours active. .Spinning spindles-
Woolen per ct. of hours active..Worsted per ct. of hours active..
Prices:Raw, Ohio,
% blood, unwashed .dolls, per lb__Raw, territory fine,
scoured _ dolls, per lb_.Worsted yarn dolls, per lb_.Women's dress goods »—
French serge dolls, per yd__Men's suitings dolls, per yd..
Cotton
Production, crop estimate >» thous. of bales..Ginnings (cumulative) thous. of bales..Receipts into sight. . thous. of bales. _Imports, unmanufactured balesExports, unmanufactured
(including linters) .. bales. _Consumption by textile mills _ bales. .Stocks, end of month:
Total, mills and w'houses.. thous. of bales. _Mills __ thous. of bales..Warehouses thous. of bales..World visible —
Total thous. of bales..American thous. of bales..
Machinery activity of spindles:Active spindles thousands. _Total activity ... millions of hours..Activity per spindle hours.Per cent of capacity per cent..
Cotton finishing:Billings, finished goods (as
produced) thous. of ydsOrders received,
gray yardage thous. of yds _Shipments, finished goods. cases..Stocks, finished goods cases..Operating activity per ct. of capacity..
Manufactured goods:Cotton cloth exports thous. of sq. yds..Fabric consumption
by tire manufacturers thous. of Ibs..Elastic webbing sales thous of yds
Fine cotton goods, production pieces. _Prices:
Raw cotton to producer dolls, per lb__Raw cotton, New York dolls, per lb_.Cotton yarn—
22/1 cones, Boston.. dolls, per lb__40/ls, New Bedford « dolls, per lb._
Print cloth, 64 x 60 d dolls, per yd..Sheeting, crown dolls, per yd..Cotton goods (fairchild)... index number..
1995
Septem-ber
20,4037,453
12, 95018, 948
44,383
6961658579
8270
.50
1.281.650
.8003.600
13, 7407,1022,332
15, 121
752, 324483, 266
4,004866
3,138
' 3,8832,805
31, 5527,102
18883.8
72,257
81, 07942, 60840,711
58
42, 366
14,02512, 129
371, 500
,225.236
.423
.563
.095
.106187
October
17, 4065,885
11, 52123, 920
47, 327
7267648188
8280
.51
1.321.650
.8003.600
14, 75911, 1993, 149
12, 402
1, 421, 482543, 679
5,7161,2164,499
5,1944,115
32, 4257,962
21089.4
85,859
85,90747, 55639, 917
67
44, 887
12, 44613, 637
452, 552
.215
.220
.430
.562
.096
.108187
Novem-ber
16, 1267,3098,817
25, 170
43, 471
7468698390
8175
.54
1.321.600
.8003.600
15, 38613, 8582,942
27, 000
1, 206, 786543, 098
6,6621, 4565,206
6,0484,903
32, 8927,834
20796.0
78, 239
75, 45339, 67640, 511
61
43, 084
11, 34911, 658
385, 841
.181
.208
.407
.546
.089
.108i 182
Decem-ber
18, 7545,501
13, 253
.55
1.301.550
.8003.600
15, 60314, 826
7,0565,634
.174
.202
.402
.550
.087
.103178
1924
October
15, 62611, 0504,576
16,638
54, 854
7465729298
9179
.57
1.481. 750
.7753. 690
9,7162,807
18, 135
947, 506534, 283
4,960753
4,226
4,2673,358
31, 1651 7, 593
20186.2
86, 765
90,60144,33140, 664
67
53, 113
13, 20512, 345
385, 301
.231
.245
.449
.543
.087
.103193
Novem-ber
22.86012, 29910,56116, 501
48, 380
7772789296
9076
.61
1.601.850
.7753.690
12,2382,767
17, 549
1, 306, 550495, 182
5,8521,0494,803
5,1754,346
31, 8587,124
18887.8
75, 822
81, 68939, 05241, 516
58
46, 917
12, 19110, 625
399, 820
.225
.243
.446
.539
.090
.106194
Decem-ber
29,46016, 62912, 83131, 873
51, 008
7870769292
9278
.70
1.681.950
,7753.690
13, 62812, 7922,478
48, 663
1, 075, 923532, 047
5,9431,3194,624
5,8214,805
32, 6627,817
20690.4
91, 686
84,65246, 53142, 162
67
43, 698
12, 17210, 478
399, 228
.240
.238
.446
.552
.090
.108194
PER CENT IN-CREASE (+) ORDECREASE (— )
Novem-ber,1925,fromOcto-ber,1925
-7.4+24.2-23.5+5.2
-8.1
+2.8+1.5+7.8+2.5+2.3
-1.2-6.2
+5.9
0.0-3.0
0.00.0
+4.2+23.7-6.6
+117.7
-15.1-0.1
+16.6+19.7+15.7
+16.4+19.1
+1.4-1.6-1.4+7.4
-8.9
-12.2-16.6+1.5-9.0
-4.0
-8.8-14.5-14.7
—15.8-5.5
-5.3-2.8-7.3
0.0-2.7
Novem-ber,1925,from
Novem-ber,1924
-29.540.6
-16.5+52.5
-10.1
-3.9-5.6
-11.5-9.8-6.2
-10.0-1.3
-11.5
-17.5-13.5
+3.2-2.4
+20.1+13.2+6.3
+53.9
-7.6+9.7
+13.8+38.8+8.4
+16.9+12.8
+3.2+10.0+10.1+9.3
+3.2
-7.6+1.6-2.4+5.2
-8.2
-6.9+9.7-3.5
-19.6-14.4
-8.7+1.3-1.1+1.9-6.2
CUMULATIVE TOTALFROM JANUARY 1THROUGH NOVEM-BER 30
1924
282, 555183, 61198, 944
236, 310
486, 662
"
10,783272, 382
5, 718, 9984, 987, 873
840, 109
628, 610455, 819
434, 599
130, 245118, 293
3, 846, 989
1925
287, 258126, 715160,543316,075
481, 523
13, 346279, 062
7, 542, 8035, 846, 477
861, 535
840, 243479, 537
496, 334
156, 035148, 594
4, 604, 081
Percentin-
crease(-yor de-crease(-)1925from1924
+1.7-31.0+62.3+33.8
-1.1
+23.8+2.5
+31.9+17.2
+2.6
+33. 7+5.2
+14.2
+19.8+25.6+19.7
» See table on p. 22, of the November, 1925, issue for earlier data.* Total crop estimated in month indicated. Data for a year ago represents revised estimate of the 1924 crop.« See table on p. 10 of the December, 1925, issue for earlier data.d See table on p. 22, of the December, 1925 issue for earlier data.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
29
TREND OF BUSINESS MOVEMENTS—Continued
Where available December data havebeen included in this table. The cu~mulatives shown are in most instances,however, only through Novemberand, where designated by a footnote,through October. Earlier data foritems shown here may be found onpages 29 to 151 of the August, 1925,"Survey"
TEXTILES— Continued
Silk
Imports, raw thous. of lbs_.Deliveries (consumption) _ bales. _Stocks, end of month:
At warehouses _ .bales _At manufacturers' plants bales..
Price, Japanese, New York dolls, per lb_.Silk machinery activity:
Broad looms per cent of operation..Narrow looms.. per cent of operation. _Spinning spindles.. .per cent of operation _.
Clothing
Men's and boys' garments cut:Suits.. .thous. of garments..Separate trousers thous. of garments..Overcoats . _ thous. of garments..
Work clothing:Cut - . dozen garments..Shipments dozen garments..Returned dozen garments __Stocks, end of month dozen garments..
Hosiery
Production (all classes).. thous. of dozen pairs..Shipments ..thous. of dozen pairs..Stocks, end of month thous. of dozen pairs..New orders thous. of dozen pairs .Unfilled orders, end mo..thous. of dozen pairs..
Knit Underwear
Production thous. of dozens..Shipments thous. of dozens..Returned ..thous. of dozens..Stocks, end of month thous. of dozens..New orders thous. of dozens..Unfilled orders, end of mo thous. of dozens..
Burlap and FibersImports:
Burlap _ thous. of lbs_.Fibers (unmanufactured) long tons.
Pyroxylin Coated Textiles
Pyroxylin spread .thous. of lbs__Shipments billed thous. of linear yds..Unfilled orders, end of mo.thous. of linear yds..
Fall River Mill Dividends
(Reported quarterly')
Total ___, . .thous. of dollars.Ratio to capitalization.. per cent per quarter.
IRON AND STEEL
Iron Ore and Pig Iron
Iron ore:Shipment from mines.thous. of long tons.Receipts-
Lake Erie ports andfurnaces thous. of long tons.
Other ports thous. of long tons.Consumption thous. of long tonsStocks-
Total thous. of long tons.At furnaces. thous. of long tons.OnLakeEriedocks.thous. of long tons.
Pig-iron production:Total thous. of long tons.Merchant furnaces thous. of long tons.
Furnaces in blast, end of month:Furnaces _ number.Capacity long tons per day.Per cent of total per cent.
Ohio gray-iron foundries:Meltings long tons.Meltings per cent of normal.Stocks long tonsReceipts long tons.
1925
Septem-ber
8,40841, 684
42, 70828,1696.615
91.260.8
104.0
1,0831,547
565
256, 519243, 131
1,537302, 630
3,7564,1355,5654,1676,842
1,1191,223
201,1361,1742,460
43, 66420,936
2,8042,3771,857
23382.759
7,355
5,6461,8644,011
38, 42431, 4087,016
2,726617
20094, 550
52.4
19, 12584.30
20,04417, 991
October
7,24046, 815
39,42330, 1076.664
93.761.3
112.9
1,0411,731
657
285, 304248, 087
1, 878303, 001
4,0514,0675,4764,5807,163
1,2171,472
43941
1,4992,672
42, 62123, 621
2,9872,3801,852
7,004
5,1472,0884,609
41, 19833, 5427,656
3,023653
20697, 950
53.9
25, 00292.50
24, 85218, 595
Novem-ber
6,81441,848
46, 81330, 6026.566
96.459.1
107.0
1,0861,536
440
248, 687198, 737
4,616318, 428
3,8033,6075,7383,5806,993
1,0941,157
65957
1,0182,670
39, 95726, 930
2,5371,9751,933
4,258
3,1981,5174,554
41, 68633, 8307,856
i 3, 023679
220i 103, 445
57.6
15, 95375.40
1 17, 6011 14, 371
Decem-ber
42^484
49,824
6.811
!
_ .
:
3 2993 .634
7
485
7,081
3,250722
234107, 560
1924
October
5,61535, 508
44,39822, 6675.733
81.950.074.6
8901,533
687
245, 804230, 394
2,480321, 000
3,5973,7715,8494,4525,579
1,0171,103
21959
1,4731,811
40, 84616, 286
2,4601,6441,290
5,597
4,4611,2413,498
41, 53633, 4178,119
2,477619
18281, 490
45.2
15, 40764.50
20, 37512. 528
Novem-ber
6,34732,939
55, 51625, 0436.174
81.450.375.2
1,0461,289
368
242, 504190, 761
2,183316,884
3,2743,3045,7814,4336,492
90297921
9281,5562,233
30, 40927, 109
1,8891,5361,302
2,056
1,975651
3,689
40, 72832, 6798,049
2,510613
20589, 100
50.9
16, 20962.80
25, 38715. 680
Decem-ber
7,68533,961
61,53321,9486. 321
81.551.278.0
1,4681, 285
237
197, 725165, 850
9,103328,382
3,4023,4345,7523,9076,673
1,035. 988
27954
1,6692,833
43, 67428, 556
2,0211,4671,446
4588* 1. 337
9
45
4,542
36, 36029, 0147,346
2,962585
22898, 380
56.6
14, 47163.00
17, 66313. 083
PEB CENT IN-CREASE (+) OBDECBEASE (— )
1Novem-
ber,1»25,fromOcto-ber,1925
-5.9-10.6
+18.7+1.6-1.5
+2.9-3.6-5.2
+4.3-11.3-37.0
-12.8-19.9
+145.8+5.1
-6.1-11.3+4.8
-21.8-2.4
-10.1-21.4+51.2+1.7
—32.1-0.1
-6.3+14.0
-15.1—17 0+4.4
-11.5-16.5
-39.2
-37.9-27.3-1.2
+1.2+0.9+2.6
0.0+4.0
+6.8+5.6+6.9
-36.2-18.5-29.2-22.7
Novem-ber,1925,from
Sfovem-ber,1924
+7.4+27.0
-15.7+22.2+6.3
+18.4+17.5+42.3
+3.8+19.2+19.6
+2.5+4.2
+111. 5+0.5
+16.2+9.2-0.7
-19.2+7.7
+21.3+18.2
+209. 5+3.1
-34.6+19.6
+31.4-0.7
+34.3+28.6+48.5
-49.1-52.6
+107. 1
+61.9+133. 0+23.4
+2.4+3.5-2.4
+20.4+10.8
+7.3+16.1+13.2
-1.6+20.1-30.7
- -8.3
CUMULATIVE TOTALFBOM JANUABY 1THBOUGH NOVEM-BEB 30
1924
52,584331,976
13, 68516, 7974,591
2, 287, 2672,170,844
29, 619
36, 82736, 540
37, 014
531,980267, 736
24,38518, 098
2,821
42, 615
. 31,50910, 65041, 449
28, 1266,869
213, 693
161. 527
1925
69, 280458,8,59
15, 47317, 6504,232
2, 564, 8422,480,743
32,681
42, 22841, 712
43, 759
574,453283, 228
25, 62121, 223
1,674
54,068
38, 65215, 71249, 801
33, 1437,187
207, 911
173. 187
Percentin-
crease(+)
or de-crease(-)1925from1924
+31.8+38.2
+13.1+5.1-7.8
+12.1+14.3+10.3
+14.+14.2
+18.2
+8.0+5.8
+5.0+17.0
-40.7
+26.9
+22.7+47.5+20.2
+17.8+4.6
-2.7
1 +7.2i Revised. 2 Quarter ending Sept. 30,1925. 3 Quarter ending Dec. 31, 1925. < Quarter ending Dec. 31,1924.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
30
TREND OF BUSINESS MOVEMENTS—Continued
Where available December data havebeen included in this table. The cu-mulative* shown are in most instances fhowever, only through Novemberand, where designated by a footnote,through October. Earlier data foritems shown here may be found ?npages 29 to 151 of the August, 1925,"Survey"
IRON AND STEEL— Continued
Iron and Pig Iron— Continued
Malleable eastings:Production tonsShipments.. ... tons--Orders booked ...tons.-Operating activity per ct. of capacity. .
Wholesale prices:Foundry No, 2,
Northern dolls, per long ton..Basic (valley furnace).. dolls, per long ton._Composite pig iron dolls, per long ton_.
Crude Steel
Steel ingots, production thous. of long tons..Steel castings:
Total bookings short tonsRailroad specialties short tons. .Miscellaneous bookings short tons
U. S. Steel Corporation:Unfilled orders, end mo.thous. of long tons,.
Sheets, blue, black, and galvanized:Production (actual) short tonsProduction _ .per ct. of capacity. _; tocks, end of mo.—
Total.. . short tons. .Unsold. short tons..
Shipments . short tons _Sales short tonsUnfilled orders, end of mo short tons..
; ieel barrels:Production barrels..Shipments barrelsStocks, end of month _ _ barrels..Unfilled orders, end of month. barrels--
Wholesale prices:Steel billets, Bessemer -dolls, per long ton._Iron and steel _ -dolls, per long ton..Composite steel dolls, per 100 Ibs..Composite finished
steel - - dolls, per 100 lbs._Structural steel beams. --dolls, per 100 lbs_.
Iron and Steel Products
Exports (selected series) long tonsExports (total) long tons--Imports long tons -Structural steel, fabricated:
Bookings (prorated) _. short tons.-Bookings _ per ct. of capacity. _Shipments (prorated) short tons..Shipments per ct. of capacity--
Steel plate, fabricated, bookings:Total short tonsOil storage tanks short tons
Steel furniture:Business group —
Shipments thous. of dollars--Orders received -thous. of dollars. _Unfilled orders thous . of dollars. .
Shelving —Shipments thous. of dollars--Orders received thous. of dollars. .Unfilled orders thous. of dollars. _
Machinery
Machine tools, orders " _ _ -index number. _Washing-machine sales:
Total number-Electric number. .
Foundry equipment:Sales dollars. _Shipments dollarsUnfilled orders _ dollars. -
Agricultural pump shipments:Total thous. of dolls.-Pitcher, hand, etc - numberPower pumps ..nuinber..
Steam, power, and centrifugal pumps:New orders thous. of dolls..Shipments thous. of dollsUnfilled orders, end mo thous. of dolls..
Patents issued: -Total, all classes _ _ number. -Agricultural implements numberInternal-combustion engines number. _
Stokers:Sales number. _Sales horsepower.-
|
1925
Septem-ber
54,94350,62146, 530
51.7
20.5618.3020.08
3,493
48, 82717, 00836, 819
3,717
295, 81092.7
120, 79836, 587
262, 050286, 029497, 698
510, 869503, 22155, 184
1, 012, 576
35.0037. 332.61
2.402.00
106, 462136, 75461,015
232, 00080
234, 90081
24, 8888,458
1,8161,9701,535
542625512
69.3
78, 77466, 601
296, 438351, 121544, 042
64362, 9442,909
1,3231,4613,378
4,2816857
11938. 155
October
64,21655, 79561, 778
61.3
20.8918.6320.66
3,893
61, 04420, 57640, 468
4,109
348, 714106.4
123, 44440, 200
332,211403, 491595, 583
553, 545555, 98152, 748
890, 904
34.2537.572.61
2.412.00
99,504141, 81769, 280
255, 20088
263, 90091
28, 3388,076
2,1302,1701,406
622731627
82.9
70, 36259,918
424,054400, 646518, 795
66268, 1523,666
1,4811,5823,252
3,7256359
11453. 451
Novem-ber .
58,31551,86852, 053
56.8
22.1419.8821.83
3,907
69, 52731, 99337, 534
4,582
336, 021107.8
143, 28236, 105
294, 660370, 361636, 570
498, 929498, 070
53,6071, 248, 545
34.7538.732.63
2.432.00
128, 419171, 13470, 556
203, 00070
220, 40076
28, 5577,492
1,8861,9751,496
575687740
89.6
480, 328414, 148593, 456
1,2891,2903,256
3,7774853
7633. 461
Decem-ber
22.2620.0022.28
3,976
5,033
35.0039.122.65
2.452.00
_ __
4,7264843
1924
October
47, 30542, 27152, 485
44.0
21.2619.0020.37
3,125
66, 69731. 13035, 567
3,525
247, 22278.9
118, 54742, 685
229, 771221, 773275, 953
447, 900441, 85147, 626
682, 533
35.7538.652.68
2.462.00
132, 448158, 56037, 119
188, 50065
220,40076
24,1828,191
! 1, 7831,7611,185
595681327
39.2
67,92557, 553
259, 871252, 580329, 061
49547, 1772,380
1,0011,1522,197
3,2765670
10458. 565
Novem-ber
45, 27941, 65746, 512
42.5
21.2619.1320.66
2,121
74,22041, 34332,877
4,032
224, 93179.7
118, 38441, 573
219, 228462, 709531,845
391, 401389, 23049, 797
1, 230, 808
35.5039.012.68
2.491.90
97, 187124, 46430,411
240, 70083
185, 60064
34, 15312, 787
1,6791,6161,216
549527469
34.7
57, 30148, 072
284, 617203, 558399, 325
48439, 4372,494
8731,0232,052
3'5k268
10637. 167
Decem-ber
55, 02848, 28153,297
51.3
22.9620.9022.32
3,569
96,16453, 33242, 832
4,817
259, 79482.6
131, 59945, 743
229, 573350, 868663, 460
413, 785407, 474
53, 2651, 586, 034
36.0040.232.75
2.542.00
101, 889129, 46565, 511
229, 10079
182, 70063
48, 85026, 449
1,8731,9141,220
651597365
42.5
56, 57646,878
397, 738320, 109431, 656
46642, 7632,204
1,2931,1452,247
4,3506267
9131. 732
PER CENT IN-CREASE (+) ORDECREASE (— )
Novem-ber,1925,fromOcto-ber,1925
-9.2-7.0
-15.7-7.3
+6.0+6.7+5.7
+0.4
+13.9+55. 5-7.3
+11.5
-3.6+1.3
+16.1—10.2-11.3-8.2+6.9
-9.9-10.4+1.6
+40.1
+1.5+3.1+0.8
+0.80.0
+29.1+20.7+1.8
-20.5-20.5-16.5—16.5
+0.8-7.2
-11.5-9.0+6.4
-7.6-6.0
+18.0
+8.1
+13.3+3.4
+14.4
-13.0-18.5+0.1
+1.4-23.8-10.2
-33.3-37.4
Novem-ber,1925,from
Novem-ber,1924
+28.8+24.5+11.9+33.6
+4.1+3.9+5.7
+25.2
-6.3-22.6+14.2
+13.6
+49.4+35.3
+21.0-13.2+34.4-20.0+19.7
+27.5+28.0+7.7+1.4
-2.1-0.7
1 9
-2.4+5.3
+32.1+37.5
+132. 0
-15.7-15.7+18.8+18.8
-16.4-41.4
+12.3+22.2+23.0
+4.7+30.4+57.8
+158.2
+68.8+103. 5+48.6
+47.7+26.1+58.7
+7.5-11.1-22.1
-28.3-10.0
CUMULATIVE TOTALFROM JANUARY 1THROUGH NOVEM-BER 30
1924
535, 386527 129496^ 238
33,242
676, 676335, 025341, 651
2, 378, 232
1925
632, 155601, 247561, 039
40, 212
646, 235252, 310393,925
3, 195, 025
i
2, 282, 3752, 349, 419
4, 311, 8194, 314, 940
1, 375, 6461, 684, 194
412, 631
2,134,400
2, 189, 500
263, 55096, 923
3, 349, 3353, 355, 666
11,90012,490
38, 244561631
1,0371 482. 547
2, 900, 2932, 959, 870
5, 579, 1695, 577, 625
1, 244, 8471, 619, 625
756, 012
2, 401, 200
2, 447, 600
295,15879, 827
4, 248, 6903, 818, 742
15, 82014, 876
41, 726681710
1,240506.229
Percentin-
crease(t)
or de-crease
1925from1924
+18.1+14.1+13.1
"
+21.0
-4.5-24.7+15.3
+34.3
+27.1+26.0
+29.4+29.3
-9.5-3.8
+83.2
+12.5
+11.8
+12.0-17.6
+26.9+13.8
+32.9+19.1
+9.1+21.4+12.5
+19.644.-,
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
31
TREND OF BUSINESS MOVEMENTS—Continued
Where\ available December data havebeen included in this table. The cu-mulatives shown are in most instances ,however, only through Novemberand, where designated by a footnote,through October. Earlier data foritems shown here may be found onpages 29 to 151 of the August, 1925,"Survey"
NONFERROUS METALS
Copper and BrassCopper:
Production-Mines _ short tonsSmelter short tons.-Refined (North and South America),
quarterly short tons..World production, blister .short tonsDomestic shipments, refined. ..short tons..Stocks (North and South America)—
Refined ,shorttons_.Blister short tons
Exports short tons. .Wholesale price, electrolytic.. dolls, per lb_.
Plumbing fixtures:Sales, tubular-
Quantity . _ number. _Value dollars
Wholesale price, 6 pieces dollars--Brass faucets:
Orders received number of pieces _Orders shipped number of pieces
Tin
Stocks, end of month:United States ...long tons..World visible supply long tons.-
Deliveries (consumption) .long tons __Imports long tonsWholesale price, pig tin dolls, per lb_.
Zinc
Retorts in operation, end of month. __ number _.Production _ short tons..Stocks, end of month .short tons..Ore, Joplin district:
Shipments short tonsStocks, mines, end of month _ short tons,.
Price, slab, prime western dolls, per lb__
LeadProduction... short tons..Ore shipments, Joplin district short tons..Receipts of lead in U. S. ore. short tons..Stocks, U. S. and Mexico, end rno.. .short tons..Price, pig desilverized (New York) .dolls, per lb,_
Babbitt MetalConsumption:
Total apparent thous. of lbs._Direct by producers thous. of lbs._Sale to consumers.. thous, of lbs._
OTHER MINERAL AND METALPRODUCTS
ArsenicCrude:
Production _ , short tons..Stocks, producers', end mo short tons..
Refined:Production short tons..Stocks, producers', end mo short tons..
Fire ExtinguishersShipments:
Motor vehicles _ . numberHand types _ _ number--
Farm Implements
Sales in Northwest thous. of dolls..
FUELS
Coal and CokeBituminous:
Production thous. of short tonsExports thous. oflongtons..
Consumption—By vessels thous. of long tons. .By electric power
plants thous. of short tons..Priees—
Mine average, spot. dolls, per short tons..Wholsesale, Kanawha, f. o. b.
Cincinnati dolls, per short tons..Retail, Chicago.. -dolls, per short tons—
1935 |
i
Septem-ber
67, 72076, 571
332, 637125, 20671, 215
69,007247, 39834, 516.1438
197, 703192, 638111. 72
368, 405338, 083
2,30917, 6426,3605,365.5641
86, 55647, 38411, 796
70, 05222, 500.0775
44, 33410, 81946.38196, 932.0951
4,6211,0413,580
5113,003
8667,493
12148, 826
2,530
46,8171,629
3611 3, 476
2.19
3.498.89
October
70, 81983, 239
138, 63476, 468
72, 855i 247, 061
30,872.1430
315, 143314,967
111. 77
442,427468, 330
2,46415, 7706,0706,401.6046
89, 87750, 4977,475
81, 27724,500.0828
52, 9279,702
47, 412104, 999
.0951
5,5501,3804,170
5173,143
7287,476
11946, 622
1,495
53, 2031,243
352
i 3, 704
2.14
3.398.99
Novem-ber
1 67, 371i 79, 292
i 133, 17382, 779
67, 838* 246, 910
30,547. 1435
385, 128110. 83
Decem-ber
79,030
354, 648
71, 358
73, 019243, 086
.1387
110. 13
1,90418, 1995,6704,574.6214
90, 08550, 6296,922
73, 91519,500.0861
50, 03313, 70948, 273
.0974
4,9551,4213,534
4923,346
5036,997
11341, 659
50, 7801,477
340
3,477
2.28
3.399.69
2,66418, 0246,160
.6195
95, 02953, 7949,295
67, 156
.0857
13, 180
.0931
2.19
3.39
1924
October
68, 98981,003
129,54758, 402
45, 528.1293
174, 822146, 958116. 15
460, 664446, 168
2,41918, 9715, 0904,496.5004
72, 13942, 48838,452
65, 58143,400.0632
47,4179,355
45, 57797, 471.0824
1,1293,475
1,2245,181
1,438
48, 3731,534
351
3,221
2.10
3.398.21
Novem-ber
68,29174,975
122, 00858,402
51, 831.1364
309, 268270, 379115.45
590, 333296, 729
2,08920, 9775,7904,191.5385
77, 63142, 63326, 912
79, 58731, 159.0380
46, 59712, 22242, 61998, 361.0869
1,2803,730
1,4676,245
784
42, 066974
289
3,293
2.06
3.398.13
Decem-ber
67, 64775, 333
333, 672125, 93958,402
136, 434237, 52848, 161.1426
595, 729452, 401114. 91
890, 924335, 180
2,84425, 0884,0855, 240.5572
81, #447, 71121, 208
58, 80926, 600.0737
45, 92010, 07842, 55287, 197.0921
1,2404,151
1,1416,676
699
46,2881,090
352
3,635
2.06
3.398.14
PEE CENT IN-CREASE (+) OEDECEEASE (— )
Novem-ber,1925,fromOcto-ber,1925
-4.9-4.7
+6.6-3.9+8.3
-6.94-0.1-1.14-0.3
4-22.3-0.8
Novem-ber,1925,from
Novem-ber,1924
-1.34-5.8
4-6.3+9.2
+41.7
_
-41.1+5.2
+42.4-4.0
-22.7+15.4-6.6
-28.54-2.8
4-0.24-0.3-7.4
-9.1-20.44-4.0
-5.54-41.34-1.8
4-2.4
-10 74-3.0
—15 3
-4.84-6.5
-30.9-6.4
—5 0—10.6
-4.64-18.8
-3.4
-6.1
4-6.5
0.04-7.8
-8.9-13.2-2.1+9.1
+15.4
+16.0+18.8-74.3
-7.1-37.4+26.6
+7.4+12.2+13.3
+12.1
-61.6-10.3
-65.7+12.0
+20.74-51. 6
+17.6
+5.6
+10.7
0.0+19.2
CUMULATIVE TOTALFEOM JANUAEY 1THEOUGH NOVEM-BEE 30
1934
725, 731816, 518
1, 300, 3321, 333, 545
694, 987
499, 185
2, 236, 252
5 3,765, 7635 3,943, 221
1935
772, 299869, 097
1, 352, 3091, 409, 632
755, 358
493, 723
2, 372, 510
83,765,819» 4,406, 389
60, 040 70, 29559, 899 69, 178
488,135 | 537,134
672, 771 746, 047
480,508 521,33289, 955 116, 145
459, 579 502, 149
16, 728
17,092
« 18, 402
437, 05214, 145
3,634
33, 950
7,799
10, 373
a 27, 187
470, 15114, 193
3,986
36,225
Percentin-
crease(t}or de-
crease(-)1925from1924
+6.4+6.4
+4.0+5.7+8.7
-1.1
+6.1
0.0+11.7
+17.1+15.5
+10.0
+10. 9
+8.5+29.1+9.3
-53. 4
-39.3
+47.7
+7.6+0.3
+9.7
+6.7
i Revised. • Ten months' cumulatives, Jan. 1, 1925, to Oct. 31, 1925, inclusive.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
32
TREND OF BUSINESS MOVEMENTS—Continued
Where available December data havebeen included in this table. The cu-mulative* shown are in most instances,however, only through Novemberand, where designated by a footnote,through October. Earlier data foritems shown here may be found onpages 29 to 151 of the August, 1925,*'Survey"
FUELS-ContiDued
Coal and Coke— Continued
Anthracite:Production thous. of short tonsExports - thous. of long tons -Prices-
Wholesale, chestnut,New York dolls, per long ton. .
Retail chestnut,New York dolls, per short ton
Coke:Production-
Beehive thous. of short tons..By-product thous. of short tons..
Exports . ._ -thous. of long tons..Price, furnace
Connellsville dolls, per short tons .
Petroleum
Crude petroleum:Production thous. of bblsStocks, end of month —
Tank farms and pipelines thous. of bbls
Imports -_ thous. of bblsConsumption-
Run to stills thous . of bblsOil wells completed numberMexican field —
Storage, Tampico thous. of bblsShipments _ . .thous. of bbls _
Price, Kansas-Oklahoma dolls, per bbL.Gasoline:
Production. thous. of gals..Exports . thous. of gals _Consumption _.thous. of gals..Stocks, end of month thous. of gals..Price, motor, New York dolls, per gal..Retail distribution, 21 States.thous. of gals..
Kerosene oil:Production thous. of gals..Consumption thous. of galsStocks at refineries at end mo .thous. of gals..Price, 150° water white dolls, per gal..Retail distribution, 13 States.thous. of gals__
Gas and fuel oil:Production ._ thous. of gals..Consumption—
By vessels thous. of gals._By electric power plants -thous. of gals
Stocks at refineries, end of mo. thous. of gals.Price, Okla.,24-26at refineries. dolls.per bbl .
Lubricating oil:Production thous. of gals__Consumption . thous. of galsStocks at refineries, end mo thous of galsPrice, Pa., 600° fil., "D"
at refineries dolls, pergal..
AUTOMOBILESProduction:
Passenger cars —Total number of carsUnited States number of cars. .Canada . number of cars
Trucks-Total . number of cars -United States ..number of cars--Canada number of cars
Exports:Assembled—
Total . _. number of cars .Passenger cars ..number of cars..Trucks number of cars -
Accessories and parts thous, of dolls..From Canada-
Total number of cars. .Passenger cars number of carsTrucks number of cars
Internal-revenue taxes collected on:Passenger automobiles and
motor cycles thous. of dolls. .Automobile trucks and
wagons thous. of dollsSales of automobile accessories
and parts thous. of dollsForeign assemblies number of cars . .
1925
Septem-ber
152163
11.27
15.04
7463,185
84
3.70
64, 708
343, 7404,027
62,2781,501
6,9051.600
906, 10988,011
848,8671, 514, 150
.170322,828
197, 834180, 298352, 656
.07437, 029
1, 280, 955
155, 79333, 977
.2, 521, 3971, 050
107, 71782, 676
283, 925
.153
272, 425262, 05310, 372
60, 37057, 8902,480
22, 81418, 7804,0347,561
5,5474,0301,517
11,800
1,463
53, 38111, 530
October
6846
11.28
17.04
1,006.3,402
6.53
i 64, 352
1341,7364,367
64, 1301,420
18,0296,6261.600
944, 433102, 404831, 774
1, 529, 248.170
312, 336
215, 158144,956335, 001
.07735, 199
1, 321, 652
128, 90035, 008
2,445,7551.056
109, 53475, 105
286, 595
.159
406, 572392, 65113, 921
45, 91444,2201,694
22,56218, 4874,0757,521
7,9766,2291, 747
5,089
580
33,0021 12, 437
Novem-ber
15131
11.29
1,2133,557
87
6.88
61, 658
341, 1164,891
60, 5211,188
18, 205
1.588
922, 058124, 301758,111
1,589,880.170
212, 665154, 241314, 554
.080
1, 229, 771
159, 09733, 072
2,299,0101.215
110,46773, 556
293, 912
.157
336, 358327, 617
8,741
39, 89337, 7042,189
28,47221, 1587,3146,346
9,3237,6591,664
12, 614
438
45, 19114, 399
Decem-ber
4.45
1.550
.~170~
.088
1.250
.174
1924
October
7,674362
11.48
14.17
6312,900
56
3.13
59, 937
362, 3744,873
55, 7791,060
21,4139,9891.250
760, 64790, 907
751, 4991, 152, 374
.140268, 404
232, 666134, 909308, 125
.08334, 109
1, 160, 683
173,88059, 024
1,611,586.933
97, 22361, 801
247, 998
.186
260,881254, 524
6,357
32,47531,2051,270
17, 09714, 3732,7245,534
4,5143,4811,033
7,469
1,301
39, 33912, 584
Novem-ber
6,776283
11.47
14.17
6302,927
57
3.23
56, 297
359, 6586,649
55, 0291,007
20, 72311, 2041.212
762, 04694, 951
698, 3591, 133, 169
.148257, 075
233, 521136, 605337, 448
.08230, 971
1, 134, 147
1 148, 02147,872
1, 641, 0901,019
94, 94870, 579
242, 246
.194
204, 343198, 381
5,962
27, 90526, 8241,081
13, 51711, 6191,8985,686
5,8054,3521,453
4,482
522
27, 93612,864
Decem-ber
7,376321
11.73
14.42
9003,267
56
4.04
56, 617
351, 9505,841
57, 880994
19,76911,4431.195
795, 61398, 701
662, 5891, 179, 503
.150237, 801
243, 832156,286338, 826
.08429, 972
1,199,093
169, 59657, 717
1, 670, 5091,170
104. 39160, 264
257, 336
.226
182, 099174, 899
7,200
27, 54225, 8521,690
13, 06010, 9622,0984,799
4,7723,847
924
8,586
361
36,2949,676
PER CENT IN-CREASE (+) ORDECREASE (-)
Novem-ber,1925,fromOcto-ber,1925
+122. 1-32.6
+0.1
+20.6+4.6
+22.5
+5.4
-4.2
-0.2+12.0
-5.6-16.3
+1.0
-0.7
—2.4+21.4-8.9+4.0
0.0
-1.2+6.4—6. 1+3.9
-7.0
+23.4-5.5-6.0
+15.1
+0.9-2.1+2.6
-1.3
-17.3—16.6—37.2
-13.1-14.7+29.2
+26.2+14.4+79.5-15.6
+16.9+23.0-4.8
+147. 9
-24.5
+36.9+15.8
Novem-ber,1925,from
Novem-ber,1924
-89.0
-1.6
+92.5+21.5+52.6
+113. 0
+9.5
-5.2-26.4
+10.0+18.0
-12.2
+31.0
+21.0+30.9+8.6
+40.3+14.9
-8.9+12.9-6.8-2.4
+8.4
+7.5-30.9+40.1+19.2
+16.3+4.2
+21.3
-19.1
+64.6+65.1
+463. 6
+43.0+40.6
+102. 5
+110. 6+82.1
+285.4+11.6
+60.6+76.0+14.5
+181. 4
-16.1
+61.8+11.9
CUMULATIVE TOTALFROM JANUARY 1THROUGH NOVEM-BER 30
1924
82, 8383,281
8,76830, 728
600
650, 648
71,935
588, 22013, 554
113, 057
8, 164, 0671, 080, 3057, 113, 712
2, 277, 2771,396,180
12, 260, 876
1,650,005644, 158
1, 050, 537696,848
3, 080, 6652,970, 100
110, 745
349, 802334, Oil15, 791
165, 061140, 10224,95968,231
51,88340, 03611, 847
92,529
9,973
518, 563132, 670
1925
62, 2512,834
9,34436, 223
722
695, 029
57,645
677, 65615, 386
90, 244
9, 914, 5781, 164, 8818, 573, 727
2, 286, 5531, 532, 525
13,981,027
1,646,377395,278
1, 187, 159796, 796
3, 532, 3903, 400, 589
131, 801
462, 394442, 21020, 184
269, 417219, 68249, 73576, 303
67, 17252, 36314,809
102, 600
7,174
423, 335160, 714
Percentin-
crease(+)
or de-crease(-)1925from1924
|
-24.9-13.6
+6.6+17.9+20.3
+6.8
-19.9
+15.2,+13.5
-20.2
+21.4+7.8
+20.5
+0.4+9.8
+14.0
-0.2-38.6
+13.0+14.3
+14.7+14.5+19.0
+32.2+32.4+27.8
+63.2+56.8+99.3+11.8
+29.5+30.8+25.0
+10.9
-28.1
-18.4+21 1
i Revised
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
33
TREND OF BUSINESS MOVEMENT—Continued.
Where available December data havebeen included in this table. The cu-mulatives shown are in most instances,however, only through Novemberand, where designated by a footnote,through October. Earlier data foritems shown here may be found onpages 29 to 151 of the August, 1925,"Survey"
AUTOMOBILES— ContinuedNew passenger-car registrations: c
Second highest group number of cars. -
RUBBERCrude:
World shipments, plantation long tons-
Stocks, end of month-
Consumption by tire mfrs thous. of Ibs..Wholesale price, Para, N. Y_.dolls. per lb_.
Tires and Tubes
Pneumatic tires:Production thousands. .
Shipments, domestic thousands. _Inner tubes:
Production thousands..
Shipments, domestic thousands- .Solid tires:
Production... thousands. .
Shipments, domestic thousands . .
HIDES AND LEATHER
HidesImports:
Total hides and skins thous. of lbs_.Calfskins thous. of lbs_.Cattle hides _._ . tbous. of lbs._
Sheepskins thous. of lbs__Stocks, end of month:
Cattle hides thous. of lbs_-v^aii dnii Kip bKina. tuoua. 01 it)b_-
Priees:Green salted, packers' heavy native
n i i f i • ~-i- XT 1 !a 11 ' i ru "
LeatherProduction:
Sole leather thous. of bks., bends, sides..Finished sole and belting thous. of lbs__
Skivers dozUnfilled orders:
Oak and union harness sides..Stocks in process of tanning:
Stocks, end of month:oo e ana ueii ng _ _ i ous. O I I D S _ _
Exports:Sole. _ thous. of lbs._Upper _ thous. of sq. f t _ _
Prices:Sole, oak, scoured backs,
Chrome calf, "B " grades. .dolls, per sq. ft..
Leather ProductsBelting sales:
Quantity _ thous. oflbs..Value thous. of dolls..
Boots and shoes:Production thous. of pairs..Exports thous. of pairsWholesale prices-
Men's black calf,blucher, Mass .dolls, per pair
Men's dress welt, tancalf, St. Louis dolls, per pair..
Women's black kid, Goodyearwelt, St. Louis dolls, per pair..
* Revised. « See table on p. 14
1925
Septem-ber
193, 1697, 893
50, 46846, 41787, 0731,318
44, 49626, 367
63, 22046, 745
.590
3,7555,7613,293
5,4407,4634,851
5613639
27, 0551,977
12, 8726,0954,002
251, 459192, 75338, 45620, 250
.177
.198
1,10720, 70162, 64596, 54833, 418
215, 929
88, 202145, 869
131, 377296, 174
1,6377,991
.460
.460
361622
29, 769401
6.40
5.15
4.00
of the Oct
October
247, 0028,663
47, 81443, 918
145, 5081,099
44, 87234, 651
63, 57042, 211
.773
3,3795,0034,088
4,9596,5455,764
4512755
20, 3381,7738,9575,2483,268
259, 369203, 24638, 34317, 780
.174
.200
* 1,31823, 95768, 346
124, 90034, 205
182, 652
81, 303147, 329
127, 926291, 891
1,8597,986
.460
.460
364626
1 31, 055515
6.40
5.15
4.00
ober, 1926,
Novem-ber
37, 755
38, 876.853
3,1725,2162,667
4,6997,1193,982
4211947
27, 7161,262
16, 0206,1812,885
273, 686220, 29336, 44116, 952
.163
.198
1,07819, 98360, 289
112, 49228, 741
165, 083
78, 176149, 608
122,429290, 815
1,1377,855
.470
.460
24, 583557
6.40
5.15
4.00
issue for e
Decem-ber
.764
.156
.192
4.604.60
6.40
5.13
4.00
arlier data
1924
October
34, 29038, 997
50, 60046, 045
.262
3,8775,3383,046
5,8967,3524,177
4814545
26, 7193,469
13, 8973,8794,556
256, 232212, 22328, 11215, 897
.163
.194
1,35123, 38968,377
101, 16740, 539
168, 642
88, 504127, 332
134, 272324, 922
1,9237,504
.445
.460
338576
30, 826552
6.25
4.88
3.85
Novem-ber
Decem-ber
ji!
36, 59933, 691
54, 30039, 812
.286
3,1905,2073,273
4,6027,6684,679
4214941
33, 3552,873
22, 1453,4483,358
265, 605223, 36127, 19615, 048
.174
.203
1,19820, 78357, 63396, 43238, 170
157, 592
89, 329129, 682
126, 204316, 411
1,8646,959
.465
.460
303515
25, 322494
6.25
5.00
3.85
s Ten mo
39, 82326,407
57, 67038, 956
.315
3,4385,5713,008
4,7048,2894,066
4615439
39, 0203,543
22, 8985,0594,207
283, 266241, 63927, 84013, 787
.174
.209
1,36223, 47667, 89597, 99040, 706
125, 435
86, 888132, 351
124, 445311, 074
2,1826,535
.480
.480
324548
24, 602569
6.25
5.00
3.90
nths' cumi
PEE CENT IN-CREASE (+) ORDECREASE (— )
Novem-ber,1925,fromOcto-ber,1925
+9.0
-7.9+10.3
-6.1+4.3
-34.8
-5.2+8.8
-30.9
-6.7-6.3
-14.5
+36.3-28.8+78.9+17.8-11.7
+5.5+8.4-5.0-4.7
-6.3-1.0
-18.216 6
-11.8-9.9
-16.0
—9.6
• — 3. 8+1.5
-4.3-0.4
-38.8-1.6
+2.20.0
-20.8+8.2
0.0
0.0
0.0
ilatives, .
Novem-ber,1925,from
Novem-ber,1924
+12.1
-2.4+198. 3
-0.6+0.2
-18.5
+2.1-7.2
-14.9
0.0-20.1+14.6
-16.9-56.1-27.7+79.3-14.1
+3.0-1.4
+34.0+12.7
-6.3-2.5
-10.0-3.8+4.6
+16.7-24.7
+4.8
-12.5+15. 4
-3.0-8.1
-39.0+12.9
+1.10.0
-2.9+12.8
+2.4
+3.0
+3.9
Fan. 1 to
CUMULATIVE TOTALFROM JANUARY 1THROUGH NOVEM-BER 30
1994
302, 988
414, 890
35,288
33, 560
48, 324
46, 010
512
486
317, 65537, 570
162, 71947, 17253, 910
1935
356, 903
512, 619
42, 063
40, 644
56, 711
55, 891
569
561
337, 17727, 317
155, 64774, 58258, 266
j
13, 282236, 498701, 515
1, 151, 460363, 609
20, 34577, 252
5 3, 6175 6, 167
288, 6275,743
13, 821249, 015690, 930
1, 123, 869369, 431
17, 26082, 256
5 3, 7168 6, 364
299, 1016,047
Percentin-
crease(+)
or de-crease(-)1925from1924
+17.8
+23.6
X
XX
+19.2
+21.1
+17.4
+21.5
+11.1
+15.4
+6.1-27.3-4.3
+58.1+8.1
+4.1+5.3-1.5-2.4+1.6
-15.2+6.5
+2.7+3.2
+3.6+5.3
Oct. 31, 1925, inclusive.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
34
TREND OF BUSINESS MOVEMENTS—Continued
Where available December data havebeen included in this table. The cu-mulatives shown are in most instances,however, only through Novemberand, where designated by a footnote,through October. Earlier data foritems shown here may be found onpages 29 to 151 of the August, 1925,"Survey"
HIDES AND LEATHER— Continued
Leather Products— Continued
Gloves:Glove leather-
Production number of skins _Stocks (tanned)—
In process number of skins .Finished _ _ number of skins. _
Gloves cut-Total _ ... dozen pairs..Dress and street-
Imported leather dozen pairs. .Domestic leather dozen pairs..
Work gloves dozen pairs..
PAPER AND PRINTING
Wood PulpMechanical:
Production short tons._Consumption and shipments short tonsStocks, end of month short tons..Imports short tons
Chemical:Production short tonsConsumption and shipments short tons._Stocks, end of month short tonsImports short tonsPrice _ dolls, per 100 lbs_.
Newsprint Paper
Production .short tonsConsumption short tonsShipments _ _ _ _ _ . . short tonsImports short tons__Exports . short tonsStocks, end of month:
At mills short tonsAt publishers short tonsIn transit to publishers short tonsPrice roll f o b mill dolls per cwt
Printing
Book publication:American manufacture no. of titlesImported . _ _ __ .no. of titles
Sales books, shipments thous. of books-Printing activity weighted index number. .
Boxboard
Operation _ inch hours. .Operation per ct of capacityProduction _ tonsOrders received tonsUnfilled orders, end of month tonsConsumption of waste paper tons _ _Shipments tonsStocks end of month tonsStocks of waste paper, end of month:
On hand tonsIn transit tons _Unshipped purchases tons
Other PaperBook paper:
Production short tonsStocks end of month short tons
Wrapping paper:Production short tonsStocks end of month short tons
Fine paper:Production short tonsStocks end of month short tons
All other grades:Production short tonsStocks end of month short tons
Total paper (inc. newsprint and boxboard) :Production short tons..Stocks, end of month _. .short tons..
1925
Septem-
482, 137
1, 127, 024343, 559
207, 796
44, 31524, 437
139, 044
100, 594134, 505212, 66624, 777
i 196, 690i 193, 784
1 45, 252111, 163
2.68
121, 019145, 082127, 409110, 688
1,869
27, 326159, 92631, 054
3.70
695117
12, 97396
8, 152, 403102.2
i 198, 749191, 840109, 191187, 620
i 202, 599* 51, 699
155, 47613, 86635, 721
103, 77264, 064
i 89, 07690, 205
35, 75049, 558
102, 19563, 989
i 650, 661i 350, 117
October
560, 730
1, 287, 706328, 282
223, 118
48, 63730, 121
144, 360
139, 066151, 238199, 89532, 812
i 219, 752i 222, 370i 41, 140117, 388
2.68
135, 225167, 515142, 204145, 088
1,784
20, 446144, 33333, 261
3.70
977157
12, 654108
18,438,784100.9
204, 492207, 178101, 981189, 684213, 01946, 054
i 168, 30518, 58730, 324
111, 03664, 705
99, 91685, 675
41, 25549, 923
107, 891i 61, 551
i 699, 795i 332, 884
Novem-ber
576, 743
1, 353, 367324, 050
201, 767
41, 60629, 870
130, 291
138, 789144, 371191, 94935, 105
204, 800204 34037, 960
110, 3282.68
130, 102163, 935133, 199124, 681
2,947
17, 418131, 23634, 635
3.70
668126
12, 172
7, 770, 10697.4
190, 136192,451102, 786179, 026191, 64644, 541
165, 28915, 01031, 918
105, 48463, 411
84, 67279, 461
37, 04550, 288
96, 03761, 126
643, 476316, 232
Decem-ber
nu
October
525, 459
1, 365, 963404, 552
197, 927
36, 69829, 523
131, 706
145, 523155, 348194, 88230, 565
227, 424229, 03248, 562
135, 2382.51
129, 852147, 448130, 281114, 121
1,677
28,229187, 15833, 575
3.78
79993
12, 584105
8, 422, 01496.6
196, 633180, 84687, 563
189, 187198, 35244, 682
175, 94514, 92127, 804
111, 41048, 103
90,130104, 867
33, 12550, 174
109, 90657, 602
670, 633333, 622
Novem-ber
475, 959
1, 370, 615350, 246
163, 045
34, 92023, 684
104,441
121, 700131, 822183, 84624, 835
198, 506195, 19051, 778
109, 0472.57
118, 275145, 363121, 658112, 442
1,454
25, 062169, 38936, 394. 3.78
905181
10, 79993
7, 546, 373104.7
170, 550174, 18494, 711
162, 771169, 01846, 214
164, 06515, 52329, 423
104, 72549, 546
84, 314109, 586
29, 94451, 523
95, 72357, 977
601, 859339. 620
Decem-ber
513, 391
1, 314, 152288, 157
156, 954
23, 92621, 598
111,430
123, 465127, 911179, 46629, 228
198, 640195, 76054, 372
132, 3442.63
121, 053143, 712122, 148125, 241
1,350
23, 838167, 02432, 935
3.78
530161
12, 032106
7, 488, 75689.8
170, 674180, 284107, 584163, 878168, 67748, 211
179, 44214, 32931, 620
105, 77251, 528
88, 109113, 614
30, 56852, 143
101, 26357, 782
616, 648347, 115
PER CENT IN-CREASE (+) ORDECREASE (-)
Novem-ber,1925,fromOcto-ber,1925
+2.9
+5.1-1.3
-9.6
-14.5-0.8-9.7
-0.2-4.5-4.0+7.0
-6.8-8.1-7.7-6.0
0.0
-3.8-2.1-6.3
-14.1+65.2
-14.8-9.1+4.1
0.0
-31.6-19.7-3.8
—7.9-3.5-7.0-7.1+0.8-5.6
-10.0-3.3
-1.8-19.2+5.3
-5.0-2.0
-15.3-7.3
-10.2+0.7
-11.0-0.7
-8.0-5.0
Novem-ber,1925,from
Novem-ber,1924
+21.2
-1.3-7.5
+23.7
+19.1+26.1+24.8
+14.0+9.5+4.4
+41.4
+3.2+4.7
-26.7+1.2+4.3
+10.0+12.8+9.5
+10.9+102. 7
-30.5-22.5-4.8-2.1
-26.2-30.4+12.7
+3.0-7.0
+11.5+10.5+8.5
+10.0+13.4-3.6
+0.7-3.3+8.5
+0.7+28.0
+0.4-27. 5.
+23.7-2.4
+0.3+5.4
+6.9-6.9
CUMULATIVE TOTALFROM JANUARY 1THROUGH NOVEM-BER 30
1924
5, 345, 701
2,107,206
360,398336,833
1, 409, 975
1, 625, 2561, 549, 638
221, 924
2, 191, 0342, 213, 756
1, 144, 440
1, 349, 5281, 358, 8041, 347, 9111, 231, 542
15, 794
6,7981,562
123,086
88, 701, 925
1, 974, 1161, 966, 659
1, 884, 8551, 972, 532
1, 125, 061
927, 556
339, 154
1, Oil, 763
6, 720, 655
1935
5, 798, 658
2, 241, 770
462, 050342, 363
1, 437, 357
1, 553, 2841, 568, 322
299, 400
2, 253, 4662, 256, 780
1, 221, 882
1, 388, 8251, 614, 6791, 391, 7141, 326, 160
20, 796
7,5121,479
130, 712
86, 962, 214
2, 082, 5502, 089, 928
1, 971, 1322, 087, 770
1,176,864
1, 079, 464
410, 683
1, 103, 990
7, 158, 442
Percent
i in-crease
(+)or de-crease(-)1925from1924
+8.5
+6.4
+28.2+1.6+1.9
-4.4+1.2
+34.9
+2.8+1.9
+6.8
+2.9+18.8+3.2+7.7
+31.7
+10.5-5.3+6.2
-2.0
+5.5+6.3
+4.6+5.8
+4.6
+16.4
+21.1
+9.1
+6.5
i Revised.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
35
TREND OF BUSINESS MOVEMENTS—Continued
Where available December data havebeen included in this table. The cu-mulatives shown are in most instances,however, only through Novemberand, where designated by a footnote,through October. Earlier data foritems shown here may be found onpages 29 to 151 of the August, 1925,"Survey"
PAPER AND PRINTING— Continued
Paperboard Shipping Boxes
Production:Total thous. of sq. ft .Corrugated thous. of sq. ft..Solid fiber thous. of sq. ft..
Operating activity:Total per cent of normal .Corrugated per cent of normal . .Solid fiber _ per cent of normal. .
Other Paper Products
Rope paper sacks, shipments. ..index number..Abrasive paper and cloth:
Domestic sales .reams. .Foreign sales reams..
BUTTONS
Fresh-water pearl buttons:Production per ct. of capacity. .Stocks, end of month thous. of gross..
GLASS
Illuminating glassware:Net orders. per ct. of capacity. .Actual production per ct. of capacity. .Shipments billed .per ct. of capacity..
BUILDING CONSTRUCTION ANDHOUSING
Bental advertisements:Portland, Oreg number..Minneapolis, Minn number. .
Heal estate conveyances (41 cities) number. .
Building Costs (Index Numbers)
Building materials:Frame house, 6-room, 1st of following mo...Brick house, 6-room, 1st of following mo
Building costs (Engineering News Record), 1stof following month
Concrete factory costs (Aberthaw), 1st of fol-lowing month
•Construction index: <*Frame index number..Brick, wood frame.- index number..Biick, steel frame index number. .Reinforced concrete index number. .
Construction and Losses
•Contracts awarded (36 States) :Commercial buildings thous. of sq. ft..Industrial buildings _ .thous. of sq. ftResidential buildings thous. of sq. ft..Educational buildings thous. of sq. ft_.Other public and semi-
public buildings thous. of sq. ftGrand total thous. of sq ft
Contracts awarded, value (36 States) :Commercial buildings thous. of dollsIndustrial buildings thous. of dollsResidential buildings thous. of dolls..Educational buildings thous. of dolls_.Other public and semi-
public buildings thous. of dollsPublic works and utilities. -thous. of dolls. _
Grand total thous. of dollsFire losses:
United States and Canada. -thous. of dolls ..Great Britain thous. of £ sterling. .
Lumber
Southern pine:Production (computed) M ft. b. mShipments (computed) M ft. b. m__Orders (computed) M ft. b. m. .Stocks, end of mo. (computed) . M ft. b. m_.Exports (incl timber) M ft. b mPrice, flooring dolls, per M ft. b. m_.Stocks, end of mo. (computed) .M ft. b. m__
1925
Septem-ber
370, 315290, 69879, 617
818279
133
86,44810, 997
46.212, 228
45.950.147.8
1,5108,497
149, 156
194195
205
194
200210199200
13, 2628,643
46, 7904,744
8,27086, 167
80, 17143, 298
250,41735, 217
59, 44579, 668
548, 217
25, 396395
481, 936491,568501, 395
1, 181, 90643, 99346.42
1, 181, 906
October
422, 548341, 38481, 164
889081
1381 102, 058
14,034
48.112, 197
50.651.051.9
1,4297,079
165,375
195196
206
194
201210199201
12, 2287,231
52, 2383,937
5,41882, 577
55, 91263, 316
262, 72628, 192
43,37666, 007
519, 528
23, 991647
484, 840496, 022511, 706
1, 199, 32848, 93247.41
1, 199, 328
Novem-ber
101
76,87714, 836
47.312, 286
47.346.147.3
5,136
193195
206
194
204212199201
11,4217,758
50,3093,157
4,07077, 871
61, 33653, 309
240, 28022,048
30, 67557, 035
464, 683
30, 320
423,026469, 155494, 812
1, 152, 74360, 23248.27
1, 152, 743
Decem-ber
3,042
208
195
49.83
1924
October
331, 390256, 41074, 980
777778
153
86, 5878,591
32,113, 605
45.845.748.3
1,2996,226
150, 824
196199
208
195
204216206202
9,6644,478
32, 1434,127
4,19555, 087
55, 96929, 033
166, 19927, 675
29, 991101, 224410, 091
27,944510
463,009493, 650506, 478
1, 080, 02673, 12140.31
1, 080, 026
Novem-ber
332, 824259, 30073, 434
787780
119
73, 58111, 940
36.1i 13, 623
43.551.045.5
1,2465,058
130, 824
195193
206
195
203215205201
10,0384,101
34, 7792,825
3,18155, 258
55, 25534, 373
191,31918, 311
22, 94757, 455
379, 660
39,082392
424, 187482, 758524, 194
1, 026, 24656,96242.48
1, 026, 246
Decem-ber
321, 617248, 95672, 661
757476
112
77, 42911,606
36.813,656
42.243.639.5
1,0043,307
139, 453
201202
209
197
203214205201
8,4248,705
33, 1533,254
3,78553, 625
38, 69630, 776
166,83925, 797
30, 25935, 620
327, 986
44,477432
422,347423, 993428, 688
1, 041, 77483,11944.42
1, 041, 774
PER CENT IN-CREASE (+) ORDECREASE (— )
Novem-ber,1925,fromOcto-ber,1925
-26.8
-24.7+5.7
-1.7+0.7
-6.5-9.6-8.9
-27.4
-1.0-0.5
0.0
0.0
+1.5+1.0
0.00.0
-6.6+7.3-3.7
-19.8
-24.9-5.7
+9.7-15.8-8.5
-21.8
-29.3-13.6-10.6
+26.4
-12.7-5.4-3.3-3.9
+23.1+1.8—3 9
Novem-ber,1925,from
Novem-ber,1924
-15.1
+4.5+24.3
+31.0-9.8
+8.7-9.6+4.0
+1.5
-1.0+1.0
0.0.
-0.5
+0.5-1.4-2.9
0.0
+13.8+89.2+44.7+11.8
+27.9+40.9
+11.0+55.1+25.6+20.4
+33.7-0.7
+22.4
-22.4
-0.3-2.8-5.6
+12.3+5.7
+13.6+12.3
CUMULATIVE TOTALFROM JANUARY 1THROUGH NOVEM-BER 30
1924
53,026,47982,265,339
5 760, 540
870, 600110, 371
* 10, 88054, 152
•1,421,251
104, 61545, 327
389, 15354, 988
51, 926652, 783
557, 646315, 494
1, 883, 255341, 643
362, 480688,291
4, 157, 806
333, 052' 6, 619
5, 018, 0615, 089, 8025,136,466
762, 142
1925
83,450,2645 2, 680, 352
5 769, 894
971,071132, 185
« 12, 26357, 122
5 1, 534, 804
137, 67462, 274
492, 23155, 294
65,413824, 602
767, 903433, 409
2, 422, 027381, 559
512, 757793, 818
5, 311. 372
330, 226« 6, 077
5, 231, 2015,209,9465, 274, 862
739, 299
Percentin-
crease
or de-crease
1925from1924
+14.0+18.3+1.2
+11.6+19.8
+12.7+5.5+8.0
+31.6+37.4+26.5+0.6
+26.0+26.3
+37.7+37.4+28.6+11.7
+41.5+15.3+27.7
-0.8-8.2
+4.2+2.4+2.7
-3.D
i Revised. « Ten months' cumulatives Jan. 1, to Oct. 31,1925 inclusive. d See table on p. 26 of the October, 1925, issue for earlier data.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
36
TREND OF BUSINESS MOVEMENTS—Continued.
Where available December data havebeen included in this table. The cu-mulatives shown are in most instances,however, only through Novemberand, where designated by a footnote,through October. Earlier data foritems shown here may be found onpages 29 to 151 of the August, 1925,"Survey"
BUILDING CONSTRUCTION ANDHOUSING— Continued
Lumber—ContinuedDouglas fir:
Production M ft. b. mShipments (computed) M ft. b. m._New orders M ft. b mExports, lumber M ft. b. mExports, timber M ft. b. mPrice, No. 1 common. dolls, per M ft. b. m._
California redwood:Production (computed) M ft. b. m__Shipments (computed) M ft. b. mOrders received (computed) M ft. b. m
California white pine:Proiuction M f t b mShipments M ft. b. mStocks, end of month M ft. b. m
Western pine:Production (computed).. M ft. b. m._Shipments (computed) M ft. b. mStocks, end of mo. (computed) _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. m _ _Orders received M ft. b. m
Lath-Production M ft. b mShipments M ft. b. m__
Northern hemlock:Production M ft. b. mShipments M f t b m
Northern hardwood:Production M ft. b. m._Shipments M ft. b. m
Walnut lumber:Production M ft. b. mShipments M ft. b. mStocks, end of month M ft. b. m
Walnut logs:Purchased M ft log measureMade into lumber and
veneer M ft. log measureStocks, end of month... M ft. log measure--
Hardwoods:Total stocks-
Total hardwoods M ft. b. mGum M f t b mOak M ft. b. m
Unsold stocks-Total hardwoods M ft. b. mGum M ft. b. m._Oak M ft. b. m
Unfilled orders —Total hardwoods M ft. b. mGum M f t b mOak M ft. b. m
Units reporting number. _All lumber:
Production, 10 species M ft. b. m._Exports, planks, joists, etc M ft. b. m_.Retail yards, Minneapolis
Fed. res. dist.—Sales M ft. b mStocks, end of month M ft. b. m
Composite lumber prices:Hardwoods dolls, per M ft. b. mSoftwoods dolls, per M ft. b. m
FlooringMaple flooring:
Production.. _ . _ _M ft. b. mShipments M f t b. mStocks, end of month M ft. b. mOrders booked M ft b. mUnfilled orders, end of month M ft. b. m
Oak flooring:Production M ft. b. mShipments M f t b mStocks, end of month M ft. b. mOrders booked M f t b. mUnfilled orders, end of month. _M ft. b. m._
1925
Septem-ber
568, 960575, 227564, 48449, 22527, 07816.50
39, 45138, 62032, 391
167, 244129,970641, 152
173, 285151, 440
1, 037, 717
63, 50455, 979
45, 82550, 46542, 994
12, 14411, 197
29, 20719, 285
15, 39929, 508
3,3633,287
20, 688
2,897
2,8794,770
761, 818222, 577228, 742
608, 554171, 838178, 850
176, 21760, 71256, 688
200
2, 800, 999138, 044
20, 999115,453
40.5830.35
9,29210, 70422, 7509,7669,980
45, 92245, 63038, 37239, 96852, 729
October
600, 295600, 743549, 26461, 45734, 01416.50
44, 08936, 64138, 328
164, 357145, 665659, 855
i 175, 843i 140, 48011,071,835
62, 53851, 352
38, 49155, 48549, 856
9,2849,881
28, 50021, 622
25, 17539, 979
3,2733,066
20, 858
1,842
2,3783,930
783, 401226, 808243, 417
619, 997170, 786193, 980
188, 40067, 14355, 712
206
2, 839, 217170, 376
20, 978104, 922
40.5430.35
10, 7209,439
23, 7287,9168,219
49, 49849, 68639, 92140, 09444, 793
Novem-ber
584, 180526, 881621, 78238, 68325, 67816.50
36, 89738, 21637, 103
118, 200111, 350644, 318
146, 568113, 626
1, 148, 409
58, 24051, 100
15, 28643, 90836, 018
4,1186, 735
2,9793,813
20, 024
2,121
2,3614,000
788, 180225, 087249, 340
613, 814168, 829195, 297
207, 56172, 35461, 572
216
2, 492, 168148, 858
17, 95694, 817
41.6730.59
9,084•7, 445
25, 0726,3407,829
41, 94739, 27643, 20441, 59450, 565
Decem-ber
15.50
35, 59136, 11936, 798
9,2544,884
41.6930.34
1934
October
542, 996503, 156637, 89845, 48939, 09216.50
44, 53232, 75535, 099
126, 115102, 239673, 923
147, 659144, 203
1, 128, 395
51, 84956, 042
41, 33352, 98539, 696
12, 38110, 108
21, 29320, 373
14, 43032, 856
3,9903, 889
14, 556
3,345
2,9972,695
563, 759174, 274193, 997
455, 080138, 168159, 771
123, 84541, 54639, 738
157
2, 509, 998157, 877
18, 643104,906
42.1929.79
7,7077,761
23, 0736,8648,124
42, 25342, 49741, 10534, 65736,005
Novem-ber
515, 690465, 106566, 27446, 13923, 75816.50
53, 50741, 10443, 684
78, 75389, 684
630, 653
120, 413125, 977
1, 116, 779
58, 82153, 844
9, 18538, 52941,976
2,3145,957
12, 15917, 191
15, 71326, 835
3,9903,352
15, 176
3,243
3,7312,931
653, 653202, 489222, 837
516, 247157, 123173, 532
158, 17954, 13554, 927
183
2, 304, 835176, 055
17, 52591, 546
42.5930.21
7,9467,284
22, 9318, 3668,859
37, 06435, 72141, 79546, 10347, 883
Decem-ber
446, 752455, 258527, 77639, 93125, 35716.50
50, 50337, 19544, 695
39, 81385, 378
630, 157
92, 278148, 118-
1, 053, 038
43, 84144, 919
21, 00738, 98450, 693
5,8314,736
17, 96415, 899
26, 92326, 820
4,2563,818
15, 614
2,902
3,0172, 686 !
666, 825214, 889227, 743
524, 142165, 871180, 474
167, 92460, 67753, 004
182
2, 153, 206160, 298
8,987101, 666
42.6330.96
10,0346,935
25, 99210, 65212, 735
36, 97534, 64243, 82339, 88753, 295
PER CENT IN-CREASE (+) ORDECREASE ( — )
Novem-ber,1925,fromOcto-ber,1925
o 7-12.3-f 13. 2-37.1-24.5
0.0
-16.3+4.3-3.2
-28.1-23. 6-2.4
-16. 6-19.1+7.1
-6.9-0.5
-60.3-20.9-27.8
-55.6-31.8
-8.1+24.4-4.0
+15.1
-0.7+1.8
+0.6-0.8+2.4
-1.0-1.1
+10.2+7.8
+10.5+4.9
-12.2-12.6
-14.4-9.5
+2.8+0.8
-15.3-21.0+5,7
-19.9-4.7
-15.321 0
+8.2+3.7
+12.9
Novem-ber,1925,from
Novem-ber,1924
+13.3+13. 3+9.8
-18.2+8.1
0.0
-31.0-7.0
-15.1
+50.1+24.2+2.2
+21.7-9.8+2.8
-1.05.1
+66.4+14.0-14.2
+78.0+13.1
-25.3+13.8+31.9
-34.6
-36.7+36.5
+20.6+11.2+11.9
+18.9+7.5
+31.2+33.7+12.1+18.0
+8.1-15.4
+2.5+3.6
-2.2+1.3
+14.3+2.2+9.3
-24.2-11.6
+ 3.2+10.0+3.4-9.8+5.6
CUMULATIVE TOTALFROM JANUARY 1THROUGH NOVEM-BER 30
1934
5, 419, 2215, 517, 7055, 590, 671
583, 609459, 763
527, 131413, 804412, 847
1, 112, 924835, 907
1, 559, 6491, 474, 897
545, 890547, 120
494, 499496, 469482, 181
124, 067136, 817
8 214, 873s 193, 954
« 357, 590s 288, 740
38, 09133, 909
28, 785
29, 703
26, 882, 8511, 778, 391
151, 652
93, 19887, 449
86, 363
38 ,138389, 025
390, 914
1925
6, 001, 1626, 128, 2956, 165, 001
530, 063291, 210
472, 712427, 194414, 588
1, 320, 5201, 177, 957
1, 696, 8951,535,157
605, 563570, 619
523, 591506, 331456, 725
136, 065109, 716
5 206, 168« 182, 642
5 354, 5635 281, 889
41, 71937, 493
33, 168
32, 855
29, 041, 9943,738,874
179, 490
95, 93994, 276
91, 568
475, 793472, 084
461, 922
Percentin-
crease(+)
or de-crease(-)1925from1924
+10.7+11.1+10.3+9.2
-36.7
-10.3+3.2+0.4
+18.7+40.9
+8.8+4.1
+10.9+4.3
+5.9+2.0-5.3
+9.7-19.8
-4.1-5.8
-0.8-2.4
+9.5+10.6
+15.2
+10.6
+8.0-2.2
+18. 4
+2.9+7.8
+6.0
+24.8+21.4
+18.2
1 Bevised. s Ten months' cumulatives, Jan. 1 to Oct. 31, 1925, inclusive.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
37
TREND OF BUSINESS MOVEMENTS—Continued
Where available December data havebeen included in this table. The cu-mulatives shown are in most instances,however, only through Novemberand, where designated by a footnote,through October. Earlier data foritems shown here may be found onpages 29 to 151 of the August, 1925,"Survey"
BUILDING CONSTRUCTION ANDHOUSING— Continued
Wooden Furniture
Piano benches and stools:New orders dollarsUnfilled orders dollars..Shipments-
Value. dollars..Quantity pieces..
BrickPaving brick:
Production-Actual . thousands . _Relation to capacity per cent
Shipmp/nts thniisaridsStocks, end of month thousandsOrders received thousands..Cancellations. thousandsUnfilled orders end of month ._ .thousands ._
•Common brick:Stocks, end of month-
Burned _ thousandsUnburned thousands _
Shipments thousandsUnfilled orders .. • thousandsFirms reporting number. .Plants closed down .. numberPrice, red, New York dolls, per thous..
Floor and Wall Tile
Production thous. of sq. ftShipments, quantity thous. of sq. ftShipments, value .thous. of dolls.Stocks, end of month.. ..thous. of sq. ft .
Architectural Terra Cotta
Bookings:Quantity. ..net tons _Value thous of dolls
Portland Cement
Production . . thous. of bblsShipments thous. of bbls
•Stocks, end of month thous. of bbls_.Prices:
Chicago district dolls, per bbl_.Lehigh Valley dolls, per bbl_.
Highways
'Concrete paving contracts awarded:Total thous. of sq. yds..Roads _ _ .thous. of sq. yds
Tederal-aid highways under construction, endof month:
Estimated cost thous. of dollsDistance miles
Roofing
Preparing roofing:Shipments thous. of roof squares. .
Dry roofing felt:Production ... __ tonsStocks, end of month tons..
Sanitary Ware
Baths, enamel: JOrders shipped ..numberStocks, end of month .number..Orders received number
Lavatories, enamel:Orders shipped _ numberStocks, end of month number.Orders received number. _
-Sinks, enamel:Orders shipped numberStocks, end of month numberOrders received number
Miscellaneous, enamel:Orders shipped. numberStocks, end of month.. . _ numberOrders received number
^Unfilled orders, end of month:Baths number..Small ware number..
1935
Septem-ber
121, 04840, 648
105, 80017, 789
j
30, 07278
29, 773104, 28631, 925
2,36263, 702
338, 857104, 066171, 830252, 511
11512
14.75
5,0925,1781,8926,617
18, 5502,156
15, 93917, 71110, 247
1.751.75
9,7304,087
291, 54912, 186
3,176
23, 2723,231
122, 56484, 933
i 121, 827
139, 858205,012
i 145, 226
140, 046239, 654i 145, 236
56, 701151, 433
* 57, 629
107, 316261, 737
October
131, 92044, 440
115,02420, 963
28, 93574
28,48299, 56719, 0213,262
51, 161
306, 58886, 164
172, 542262, 534
11718
14.75
5,3135,4702,0276,542
12, 3411,607
15, 99215, 30910, 979
1.701.75
6,1353,711
292, 66212, 188
3,473
23, 9462,556
127, 35585, 555
1 110, 396
140, 669201, 847
1 124, 362
145, 951239,269i 130, 554
57, 906142, 542i 54, 452
79,437 i192, 610
Novem-ber
i 114, 55242, 272
109, 60819,474
23, 61160
17, 869101, 91517, 746
36450, 669
279, 18864, 090
144, 127239, 636
9421
14.75
13, 8641,696
13, 63910, 16914,450
1.651.75
3,4881,718
343, 99711, 935
19,0433,488
86, 615110, Oil
* 93, 685
105, 523222,032
i 117, 750
106, 028228, 659
i 121, 985
45, 910153, 960146,778
78, 325206, 451
Decem-ber
14.75
1.651.75
1924
October
120, 08840, 120
123, 00819, 751
26, 29491
29,14273,60416, 535
92459, 496
312, 06144, 543
135, 806186, 977
11118
14.00
4,4044,0471,4627,821
9,526954
14, 82017, 1606,073
1.751.75
6,8063,211
333, 12115, 538
3,227
20J-4451,768
93,87888, 980
i 78, 578
105,497161, 474i 94, 583
114, 710215, 939i 99, 688
71, 508158, 351i 58, 291
79, 444206, 332
Novem-ber
109, 09639, 528
116, 72818, 356
27, 07889
22, 83373, 84610, 8391,620
45,840
319, 58549, 596
126, 945179, 225
9324
13.50
3,8823,2891,1707,910
10, 3741,106
13, 14110, 2898,928
1.751.75
3,0001,891
311, 17814, 390
2,416
17, 3271,946
75,07590, 012
* 78, 297
85, 790171, 999i 83, 685
91, 625228, 438i 93, 556
50, 716151, 675i 50, 175
64, 876174, 127
Decem-ber
101, 96820,456
119, 64019, 167
23, 00075
9,20785, 28311, 235
17644, 059
354, 47751, 162
118, 759202, 906
11748
13.50
3,8103,0421,1348,964
9,8611,022
10,4355,506
13, 913
1.681.75
6,9584,661
285, 46013, 287
3,363
17, 1792,257
73, 724104, 301
i 110, 347
83, 861196, 324
i 127, 240
99, 857251, 448
l 132, 658
46,983187, 812i 65, 669
89, 402254, 625
PER CENT IN-CREASE (+) ORDECREASE (— )
Novem-ber,1925,fromOcto-ber,1925
-13.2-4.9
-4.7-7.1
-18.4-18.9-37.3+2.4-6.7
-88.8-1.0
-8.9-25.6-16.5-8.7
-15.3+16.7
0.0
+12.3+5.5
-14.7-33.6+31.6
-2.90.0
-43.1-53.7
+17.5-2.1
-20.5+36.5
-32.0+28.6-15.1
-25.0+10.0-5.3
-27.4-4.4-6.6
-20.7+8.0
-14.1
-1.4+7.2
Novem-ber,
1925,from
Novem-ber,1924
+5.0+6.9
-6.1+6.1
-12.8-32.6
21 7+38.0+63.7-77.5+10.5
-12.6+29.2+13.5+33.7+1.1
-12.5+9.3
+33.6+53.3
+3.8-1.2
+61.9
-5.70.0
+16.3-9.1
+10.5-17.1
+9.9+79.2
+15.4+22.2+19.7
+23.0+29.1+40.7
+15.7+0.1
+30.4
-9.5+1.5-6.8
+20.7+18.6
CUMULATIVE TOTALFROM JANUARY 1THROUGH NOVEM-BER 30
1924
958, 420
957, 130148, 465
272, 434
242, 280
246, 58811, 304
1, 429, 524
8 43, 126s 37, 8205 12, 648
133, 38014, 434
138, 424140, 241
85, 18453,446
3, 204, 197162, 362
5 26, 794
191, 694
1, 073, 825
1, 074, 754
1, 239, 538
1, 148, 992
1, 344, 720
1, 253, 167
800, 917
722, 726
1935
970, 852
907, 456147, 647
312, 214
244, 562
261, 47914, 358
1, 764, 494
5 43, 479s 43, 6473 15, 710
153, 28218, 434
150, 4723 49, 789
98, 92461, 447
3, 113, 546135, 266
5 23, 773
227, 191
1, 232, 275
1, 292, 055
1, 419, 676
1, 465, 360
1, 435, 268
1, 479, 556
703, 083
650, 717
Percentin-
crease
or de-crease
1925from1924
+1.3
-5.2-0.6
+14.6
+0.9
+6.0+27.0
+23.4
+0.8+15.4+24.2
+14.9+27.7
+8.7+6.8
+16. 1+15.0
-2.8-16.7
-11.3
+18.5
+14.8
+20.2
+14.5
+27.5
+6.7
+18.1
-12.2
-10.0
1 Revised 'en months' cumulatives, Jan. 1 to Oct. 31, 1925, inclusive.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
38
TREND OF BUSINESS MOVEMENTS—Continued.
Where available December data havebeen included in this table. The cu-mulatives shown are in most instances,however, only through Novemberand, where designated by a footnote,through October. Earlier data foritems shown here may be found onpages 29 to 151 of the August, 1925,"Survey"
CHEMICALS AND OILS
Imports:Potash _ long tons _Nitrate of soda long tons
Exports:Sulphuric acid thous. of lbs_.Total fertilizer 1 long tonsDyes and dyestuffs —
Vegetable IbsCoal-tar Ibs
Price index numbers:Crude drugs index numberEssential oils . index numberDrugs and pharmaceuticals.index number..Chemicals index numberOils and fats index number
Price, sulphuric acid 66°N. Y dolls, per 100 Ibs
Wood Chemicals
Acetate of lime:Production thous. of IbsShipments or use thous. of Ibs..Stocks, end of month thous. of IbsExports thous. of IbsPrice, wholesale dolls per cwt
Methanol, crude: *Production gallonsShipments or use _ gallons..Stocks, producers', end of month.. gallons..Purchased by refiners * gallons. _Consumed by refiners * gallonsStocks at refineries, end of month e.gallons..Exports _ .gallons..Wholesale price, N. Y ..dolls, per gal...Canada —
Consumed .gallons..Stocks, end of month gallons..
Methanol, refined: «United States-
Produced gallonsStocks, end of month, at
refineries gallonsCanada-
Produced gallonsStocks, end of month gallons
Wood at chemical plants:Consumption (carbonized) cordsStocks end of month cords
Daily capacity, wood-chemical plants:Total in industry cordsReporting cordsShut down _ cords..
Ethyl Alcohol
Production ...thous. of gals..Wthdrawn for denaturation thous. of gals..Warehouse stocks, end of month, thous. of gals..
Explosives
(Black powder, permissibles, and other highexplosives)
Production thous. of IbsShipments thous. of IbsSales thous. of IbsStocks thous of Ibs
Naval Stores
Turpentine:Net receipts southern ports barrelsStocks, ports end of month barrels..Price, southern, in barrels,*
New York dolls per galRosin:
Net receipts, southern ports barrels..Stocks, ports end of month barrels..Price, common to good (B),«
New York dolls per bbl
Fats and Oils
Total vegetable oils:Exports thous. of IbsImports thous. of Ibs
Oleomargarine:Production thous. of IbsConsumption . ..thous. of Ibs. _
1925
Septem-ber
29, 45156, 764
478110, 558
235, 7962, 511, 898
196179158113156
.70
11, 114i 12, 335U5,084
1,3402.75
1534,412i 605, 09811,413,625
454, 391619, 182
1, 362, 18815, 320
.58
22, 18819, 889
509, 195
526, 176
21, 18540, 129
59, 144i 495, 043
4, 6393,668
507
19, 85918, 0218,913
35, 84435, 45433, 02017,335
34, 01348, 149
1.121
115, 023181, 940
14.19
3,92332, 057
19, 32820, 057
October
17, 45548, 587
38387, 568
333, 9861, 717, 766
195191158113158
.70
i 11, 094i 12, 224i 13, 587
4262.75
i 555, 629i 736, 592
11,237,299681, 985905, 952
1, 064, 36519, 558
.58
12,20036, 606
671, 808
515, 917
11, 50032, 443
i 58, 493i 476, 386
4,6393,668i 733
21, 54121, 624
7,411
33, 04933, 41432, 59416, 309
26,36748, 404
1.128
100, 264181, 613
15.88
8,18352, 179
25,94725, 612
Novem-ber
19, 64673, 892
40865, 260
306, 0671, 840, 426
191215157113156
.70
11, 20212, 01212, 8064,5713.00
566, 726685, 808
1, 146, 303597, 836809, 507856, 75110, 643
.58
40, 89533, 186
655, 541
495, 492
39, 20040, 846
60, 129444, 716
4,6393,668
721
31, 63833, 12731, 18114,958
18, 00145, 046
1.116
77, 491196, 939
15.94
9,63559, 534
26, 27524, 974
Decem-ber
113156
.70
3.13
.58
1.017
14.07
1924
October
30, 52570, 454
849102, 371
355, 1041, 079, 935
212142156110147
.70
9,80312, 04715, 259
1,3673.00
539, 333621,412
1, 551, 678
50, 901.69
57,624633, 428
4,8193,784
709
15, 96214, 5152,881
41, 03039, 23636, 55418, 194
26, 85841, 587
.880
92, 962228, 614
7.16
2,66940, 924
20, 05419, 217
Novem-ber
27, 86765, 664
84278, 366
224, 9631, 267, 978
222148157112151
.70
10, 32711, 69811,8903,5123.00
562, 828627, 586
1, 372, 786
42, 218.68
55, Oil538, 798
4,8193,712
581
16, 45216, 2111,975
33,97333, 59132, 51318, 355
24, 92451, 489
.851
105, 007228, 673
7.60
9,77055, 582
17, 06217, 115
Decem-ber
32,31659, 300
94891, 371
340, 2941, 021, 596
231153155112158
.70
10, 3179,026
13, 499980
3.00
526, 192596, 706
1, 315, 166
35, 310.68
55, 585527,802
4,8193,712
275
17, 93019,4231,350
31, 20831, 41130, 56918, 181
26, 18961, 379
.837
119,216256, 482
7.60
9,85353, 486
20, 13519, 997
PEE CENT IN-CREASE (+) ORDECREASE (— )
November,1925,fromOcto-ber,1925
+12.6+52.1
+6.5-25.5
-8.4+7.1
-2.1+12.6-0.6
0.0-1.3
0.0
+1.0-1.7-5.7
+9.1
+2.0-6.9-7.4
-12.3-10.6-19.5-45.6
0.0
+235. 2-9.3
-2.4
-4.0
+240. 9+25.9
+2.8-6.6
0.00.0
-1.6
-4.3-0.9-4.3-8.3
-31.7-6.9
-1.1
-22.7+8.4
+0.4
+ 17.7+14.1
+1.3-2.5
Novem-ber,1925,from
Novem-ber,1924
+29.5+12.5
-51.5-16.7
+36.1+45.1
-14.0+45.3
0.0+0.9+3.3
0.0
+8.5+2.7+7.7
+30.20.0
+0.7+9.3
-16.5
-74.8-14.7
+9.3-17.5
-3.7-1.2
+24.1
-6.9-1.4-4.1
-18.5
-27.8-12.5
+31.1
-26.2-13.9
+ 109.7
-1.4+7.1
+54.0+45.9
CUMULATIVE TOTALFROM JANUARY 1THROUGH NOVEM-BER 30
1924
196, 743925, 330
10, 324979, 224
2, 833, 31014, 691, 495
108,887108,807
22, 126
6, 371, 3976,501,661
605, 327
683, 344
s 126, 480« 95, 943
373, 673380, 665362, 138
284, 344
988, 327
39, 555758, 207
211, 400209, 875
1925
234, 1141, 071, 790
6,9551, 020, 962
3, 475, 23422, 796, 727
124, 880123,533
19, 069
6, 348, 4876, 582, 370
335,093
668, 795
5 153, 399« 137, 477
377, 921380, 681365, 027
271, 714
990, 273
59, 106594, 437
212, 596207, 750
Percentin-
crease(+)
or de-crease(-)1925from1924
+19. 0+15.8-
-32. a+4. a
+22.7+55. 2
+14. 7+13. 5
-13.8
-0.4+1.2
-44. 6
-2.1
+21. a+43. a
+1.10.0
+0.8.
-4.4
+0.2
+49.4-21. &
+0.6--1.0
i Revised.s See table on p. 17 of the October, 1925, issue for earlier data.
« Ten months' cumulatives, Jan. 1 to Oct. 31, 1925, inclusive.• See tables on p. 22 of the November, 1925, issue for earlier data.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
39
TREND OF BUSINESS MOVEMENTS—Continued
Where available December data havebeen included in this table. The cu-mulatives shown are in most instances,however, only through Novemberand, where designated by a footnote,through October. Earlier data foritems shown here may be found onpages 29 to 151 of the August, 1925,"Survey"
CHEMICALS AND OILS-Continued
Cottonseed
Cottonseed stocks, end of month tons_.Cottonseed oil:
Stocks, end of month thous. of lbs._Production thous. of lbs__Price, yellow, prime,
New York dolls, per lb_.
Flaxseed
Minneapolis and Duluth:Receipts.. . thous. of bushsShipments thous. of bushsStocks thous. of bushs..
Linseed oil: Shipments fromMinneapolis thous. of Ibs
Linseed-oil cake: Shipments fromMinneapolis thous. of Ibs .
FOODSTUFFS
Wheat
Production, monthly estimate: 6
Winter thous. of bushs..Spring. thous. of bushs..Total thous. of bushs..
Visible supply:United States .thous. of bushs..Canada. thous. of bushs. _
Eeceipts, principal markets. _ _ thous. of bushs..Shipments, prin. markets thous. of bushs..Exports:
United States-Wheat only. thous. of bushsIncluding wheat flour.thous. of bushs. _
Canada-Wheat only thous. of bushs
Prices:No. 1, northern, Chicago ..dolls per bush..No. 2, red winter, Chicago. dolls, per bush..
Wheat Flour
(Bureau of the Census)
Wheat, ground thous. of bushs..Production, wheat flour. _ .thous. of bbls..Production, grain offal i .thous. of lbs__Per cent of capacity operated per cent..
(Russell's Commercial news)
Production thous. of bbls. _Consumption thous. of bbls..Stocks, all positions, end mo.. .thous. of bbls..Exports (Department of Commerce):
United States thous. of bbls..Canada _ .thous. of bbls. _
Wholesale prices (Dept. Labor):Flour standard patents,
Minneapolis _ dolls, perbbl..Flour, winter straights,
Kansas City dolls, perbbl..
Canadian Milling
Gringings:Wheat thous. of bushs..Oats thous. of bushs. .
Production:Wheat flour thous. of bblsTotal oatmeal and rolled oats thous. of IbsOatmeal thous. of IbsRolled oats thous. of Ibs
Corn
Production, monthly est.6 thous. of bushs_.Exports, including meal thous. of bushsVisible supply thous. of bushsReceipts, principal markets. ..thous. of bushs..Shipments, prin. markets thous. of bushs..Grindings (starch, glucose) thous. of bushs...Prices, contract grades, No. 2,
Chicago dolls, per bush..
1935
Septem-ber
776, 017
55, 972142, 939
.107
5, 5931,9652,453
13, 840
24,916
415, 697283, 872699, 569
54, 54358, 36657, 86228, 151
9, 39112, 092
15, 876
1.5551.667
45, 9529,938
833, 27062
12, 50110, 7018,400
800661
8.310
7.431
7,1431,062
1,60115, 0432,451
12, 592
2,885,1081,2405,912
12, 5838,3185,902
.917
October
1, 270, 770
91,976232, 566
.099
5,5152,5933,302
17, 769
33,958
415, 697281, 575697, 272
49, 65176, 23936, 04524, 508
4,3548,910
41, 896
1.5491.635
i 49, 799i 10, 728
1907,39061
13,16512, 6557,900
1, 0121,022
8.263
7.410
10, 1811,197
2,30817, 7825,279
12, 503
2, 917, 8361,2922,209
12, 8818,6937,037
.828
Novem-ber
1,364,147
111, 333233, 637
.101
3,5223,5542,488
14,676
35, 190
415, 697281, 575697, 272
49, 774103, 58434, 12722, 324
4,6968,621
34, 840
1.6121.711
42,3229,108
766, 39257
10, 86910, 1017,800
8721,210
8.538
7.613
9,4991,257
2,12717, 7043,790
13, 914
3, 013, 3901,2103,077
18, 4567,6926,497
.841
Decem-ber
.106
1,378781
2,391
11, 848
32, 563
398, 486270, 879669, 365
55, 024119, 07734, 89722,448
1.7681.796
9.180
7.888
2, 900, 581
19, 09532, 18012, 131
.797
1924
October
873, 368
83, 497213, 659
.113
10, 2426,0972,455
18, 564
29, 281
96, 52852, 09988, 02272, 066
45, 12853, 538
14, 288
1.4861.528
51, 86311,371
977, 38165
13, 40411, 1079,100
1,8721,145
8.013
6.669
9,5581,097
2,14315, 9452,568
13, 377
7298,497
19, 51111, 8266,926
1.105
Novem-ber
11,190,920
i 106, 426i 224, 996
.110
8,4746,7922,096
17, 947
29, 572
105, 53376, 74060, 50350, 151
27, 83135, 102
26, 982
1.5291.574
41, 9829,187
719, 16459
11, 66511, 4687,700
1,616905
8.163
6.870
7,6441,218
1, 70816, 1993,703
12, 496
9328,072
15, 2237,1265,433
1.130
Decem-ber
1, 223, 863
105, 520209, 471
.114
2,0181, 5651,545
16, 825
31, 274
589, 632272, 995862, 627
96, 11479, 22136, 29332, 651
17, 79124, 326
29, 847
1.6871.769
40, 4288,855
695, 92553
11, 00710, 5556,700
1,452828
8.895
7.788
6,4731,134
1,44014, 4672,842
11, 625
2, 312, 745571
19, 69328, 9539,3655,520
1.233
PER CENT IN-CREASE (+) ORDECREASE (— )
Novem-ber,1925,fromOcto-ber,1925
+7.3
+21.0+0.5
+2.0
-36.1+37.1-24.7
-17.4
-3.6
+0.2+35.9-5.3-8.9
+7.9-3.2
16 8
+4.1+4.6
-15.0-15.1-15.5-6.5
-17.4-20.2-1.3
-13.8+18.4
+3.3
+2.7
-6.7+5.0
-7.8-0.6-0.4
+11.3
-6.3+39.3+43.3-11.5-7.7
+1.6
Novem-ber,1925,from
Novem-ber,1924
+14.5
+4.6+3.8
-8.2
-58.4-47.7+18.7
-18.2
+19.0
-32.4-0.8
-22.4
-52.8+35.0-43.6-55.5
-83.1-75.4
+29.1
+5.4+8.7
+0.8-0.9+6.6-3.4
-6.8-11.1+1.3
46.0+33.7
+4.6
+10.8
+24.3+3.2
+24.5+9.3+2.3
+11.3
+25.4+29.8-61.9+21.2+7.9
+19.6
-25.6
CUMULATIVE TOTALFROM JANUARY 1THROUGH NOVEM-BER 30
1924
941, 568
25, 51016, 693
114, 674
177, 161
454, 237326, 040
148, 512214, 282
184, 783
454, 89298, 457
8, 121, 959
121, 556106, 068
14, 57610, 648
82, 54011,498
18,491169, 87046, 910
122, 960
19, 595
249, 195159, 02869, 825
1925
1, 285, 800
21, 95311, 177
150, 599
258, 833
325, 023232, 739
88, 706131, 309
165, 337
436, 28594, 822
7, 668, 642
114, 413103, 396
10,1129,275
75, 4659,070
16, 826116, 92325, 51791, 406
10, 040
194, 463123, 00263, 775
Percentin-
crease(t)
or de-crease(-)1925from1924
+36.6
-13.9-33.0
+31.3
+46.1
-28.4-28.6
-40.3-38.7
-10.5
-4.1-3.7-5. a
-5.&2.5
-30.6-12.9-
-8.6-21.1
-9. 0-31. 2-45. 6-25.7
-48. 8.
-22. a-22. 7-8.7
i Revised.«Total crop estimated in month indicated. Data for a year ago represents revised final estimate of the 1924 crop.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
40
TREND OF BUSINESS MOVEMENTS—Continued
Where available December data havebeen included in this table. The cu-mulatives shown are in most instances,however, only through Novemberand, where designated by a footnote,through October. Earlier data foritems shown here may be found onpages 29 to 151 of the August, 1925,*'Survey"
FOODSTUFFS— Continued
Other GrainsOats:
Production, monthly est. 6 thous. of bushs__Receipts, principal
markets thous. of bushsVisible _ _ .thous. of bushs _.Exports, including meal thous. of bushsPrices, contract grades,
Chicago dolls, per bushBarley:
Production, monthly est.^ thous. of bushsReceipts, principal
markets thous. of bushsVisible supply thous. of bushsExports thous. of bushsPrice fair to good, malting,
Chicago dolls, per bushRye:
Production, monthly est.6 thous. of bushs..Receipts, principal ,
markets 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. _
Bice
Production, monthly est.4 thous. of bushs..Southern paddy receipts at mills bblsShipments:
Total from mills pockets (100 Ibs.)New Orleans pockets (100 Ibs.)
Stocks end of month,mills and dealers pockets (100 Ibs.)
Imports pockets (100 Ibs.)Exports pockets (100 Ibs )
Other CropsApples:
Cold-storage holdings(end of month) thous of bbls
Car-lot shipments _ _ _ _ _ _ carloads. _Potatoes, car-lot shipments carloads..Onions, car-lot shipments _ . __ _ _ carloads. _Citrus fruits, car-lot suipments carloadsHay, receipts _ _ ._ tons _
Cattle and Calves
Cattle movement, primary markets:Receipts _ thousands _.Shipments total thousandsShipments stocker and feeder thousandsLocal slaughter thousands
Beef products:Inspected slaughter product thous of IbsApparent consumption thous. of Ibs
Exports thous of IbsCold-storage hofdings,
end of month thous. of IbsPrices, Chicago:
Cattle, corn-fed dolls, per 100 IbsBeef fresh native steers dolls- per IbBeef, steer rounds, No. 2 dolls, per lb__
Hogs and Pork
Hog movements, primary markets:Receipts - thousands.Shipments, total thousandsShipments, stocker and feeder. thousands. .Local slaughter thousands
Pork products, total:Inspected slaughter product, .thous. of Ibs. _Apparent consumption.. thous. of lbs_.Exports thous. of lbs__Cold-storage holdings, total,
end of month thous. of IbsFresh and cured in storage,
end of month thous. of IbsLard (included in pork products) :
Production _ .. _ _ _ _ thous. oflbs..Exports thous. of IbsCold-storage holdings,
end of month thous. of IbsPrices:
Hogs, heavy, Chicago.. .dolls, per 100lbs_.Hams, smoked, Chicago dolls, per lb_.Lard. Drime contract. N. Y. dolls. Per lb._
1925
Septem-ber
1, 461, 945
29, 24369, 9606,279
.398
226, 786
14, 9936,0369,103
.751
51, 768
6,6391,054.883
30, 668
35,284853, 380
619, 078135, 778
632, 44424,40913, 293
1,42219, 10322, 7633,9942,379
79, 516
2,157938422
1,227
473, 961469, 523
9,520
40, 719
12.44.185.173
2,7411,092
331,645
465, 179521, 474100, 152
539, 069
467, 443
84, 97260, 646
71, 626
12.88.292.178
October
1, 470, 384
18, 91869, 2164,744
.402
226, 786
6,4455,6423, 043
.743
51, 768
3,304127
.838
18, 116
35, 810925, 254
842, 366186, 218
751, 68018, 56828, 248
7,48941, 32432, 5455,1572,639
76, 687
2,7891,348
6971,450
569, 094556, 161
8,634
47, 481
11.91.185.160
3,3901,323
452,081
583, 564609, 66781, 321
1 429, 8611 392, 605
104, 28844, 745
37, 256
11.69.283.164
Novem-ber
1, 470, 384
14, 09468, 7392,443
.403
221, 713
4,7916,4222,493
.715
51, 968
2,59862
.857
14, 829
35, 8101, 130, 866
834,604172, 564
1, 090, 57123, 58641, 666
9,39819, 47815, 9802,9689,229
84,068
2,2821,017
4721,232
451, 396418, 176
7,8311 73, 564
10.58.178.143
3,8441,524
612,300
606, 705538, 59776, 418
1 418, 7371 385, 027
106, 20639, 979
33, 710
11.32.282.162
Decem-ber
1, 501, 909
15, 58266, 762
.422
218, 002
7,257
.716
48, 696
1.038
33, 959
204, 210
8,5027,244
11, 1251,5549,350
84, 725
10.04.170.131
515, 292
472, 337
147, 307
42, 955
10.88.280.150
1924
October
39, 14971, 1572,735
.522
12, 2965,2095,315
.908
17, 70810, 9271.275
73, 243
2, 182, 793
1, 303, 227300, 075
1, 567, 62111, 91889, 679
5,75835, 93732, 5244, 5454,185
95, 037
2,7371,339
7511,432
551, 766515, 746
16, 763
67, 244
9.50.172.136
3,9901,469
562,525
560, 043637, 521132, 686
439, 437
407, 731
106, 78160, 813
31, 706
10.78.216.165
Novem-ber
18, 62071, 9971,366
.524
7,2585,4842,710
.864
8,9321,3231.312
41,433
1, 905, 168
1, 300, 775339, 350
2, 265, 12114, 855
216, 418
7,74319, 04520, 1912,876
11, 30781, 001
2,3631,096
5491,267
463, 064415, 825
14, 417
100, 239
9.16.183.129
4,9041,760
403,132
668, 552550, 23591, 730
463,V233
427, 520
130, 18449, 120
35, 713
9.58.205.153
Decem-ber
1, 522, 665
19, 738* 76, 343
1,171
.598
178, 322
5,4055,4841,744
.935
64, 038
3,802856
1.404
28, 668
33, 249972, 700
933, 878151, 143
2, 346, 51427, 444
275, 318
6,6736,068
12, 75?1,869
11, 18774, 303
2,083816309
1,265
441, 160389, 108
9,329
142, 964
9.55.183.125
6,6042,271
384,335
912, 990544, 263120, 607
i 708, 413
647, 364
192, 59676, 803
61, 049
9.96.207.169
PER CENT IN-CREASE (+) ORDECREASE (— )
Novem-ber,1925,fromOcto-ber,1925
-25.5-0.7
—48.5
+0.2
-25.7+13.8-18. 1
-3.8
-21.4-51.2+2.3
-18.1
+22.2
-0.9-7.3
+45.1+27.0+47.5
+25.5-52.9-50.9-42. 4
+249. 7+9.6
-18.2-24.6-32.3-15.0
-20.7-24.8-9.3
+54.9
—11.2-3.8
-10.6
+13.4+15.2+35.6+10.5
+40-11.7-6.0
-2.6
-1.9
+1.8-10. 7
-9.5
-3.2-0.4-1.2
Nfovem-ber,1925,from
Novem-ber,1924
— 1.4
-24.3-4.5
+78.5
-23.1
+22.3
-34.0+17.2-8.0
-17.2
-24.0
-70.9-95.3-34.7
-64.2
+2.1-40.6
-35.8-49.1
-51.9+58.8-80.7
+21.4+2.3
-20.9+ 3.2
- 18.4+3.8
-3.4-7.2
-14.0-2.8
-2.5+0.6
-45.7
-26.6
+15.5-2.7
+10.9
-21.6-13.4+52. 5-26.6
-9,3-2.1
-16.7
-9.6
-9.9
-18.4-18.6
-5.6
+18.2+37.6+5.9
CUMULATIVE TOTALFROM JANUARY 1THROUGH NOVEM-BER 30
1924
244, 816
7,159
57, 078
15, 978
61, 16536, 124
293, 137
7, 516, 404
7, 362, 6371, 726, 206
353,2921, 272, 018
102, 040229, 380
28, 15191, 551
8 85, 770
21, 6138,8773,658
12, 584
4, 810, 8404, 675, 589
150, 106
48, 80917, 933
46030, 853
7, 737, 3546, 421, 7431, 574, 856
1, 737, 594867, 210
1935
218, 567
34, 837
61, 835
27, 619
27, 62228,804
234, 468
4, 247, 267
5, 692, 1711, 403, 118
608, 510584, 865
103, 184223, 893
27, 88778,236
785, 790
22, 0128,6033,459
13, 214
4, 954, 6474, 906, 827
114, 641
39, 54914,648
49524, 889
6, S^o, 0556, 017, 2061, 109, 641
1, 322, 725617, 969
Percentin-
crease(+)
or de-crease(-)1925from1924
-10.7
+386. 6
+8.3
+72.9
-54.8-20.3
-20.0
-43.5
-22.7-18.7
+72.254 0
+1.1-2.4-0.9
-14.5-11.3
+1.8-3.1-5.4+5.0
+3.0+4.9
-23.2
-19.0-18.3+7.6
-19.3
-15.0-6.3
-29.5
-23.8-28.7
i1
1 Revised. « Total crop estimated in month indicated. Data for a year ago represent revised final estimate of the 1924 crop.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
41
TREND OF BUSINESS MOVEMENTS—Continued
Where available December data havebeen included in this table. The cu-mulatives shown are in most instances,however, only through Novemberand, where designated by a footnote,through October. Earlier data foritems shown here may be found onpages 29 to 151 of the August , 1925,"Survey"
FOODSTUFFS— Continued
Sheep and Lambs
Sheep movement, primary markets:Receipts - - thousandsShipments, total thousands--Shipments, stocker and feeder thousandsLocal slaughter thousands
Lamb and mutton:Inspected slaughter product.thous. of lbs_-Apparent consumption thous. of lbs_-Cold-storage holdings,
end of month. _ _. . thous oflbsPrices:
Sheep, ewes, Chicago. ..dolls, per 100 lbs._Sheep, lambs, Chicago .dolls, per 100 Ibs
Total Meats
Production, inspected slaughter, thous. oflbsCold-storage holdings, end mo._thous. of lbs_.Apparent consumption -thous. oflbs
Poultry
Receipts at five markets thous. of lbs._Cold-storage holdings,
end of month thous. oflbs
Fish
Total catch, prin. fishing ports.. thous. of Ibs. .Cold-storage holdings, 15th of mo .thous. of lbs_.Canned salmon, shipments cases. -
Dairy ProductsButter:
Receipts, 5 markets thous. of lbs_.Cold-storage holdings,
creamery, end of month thous. of lbs__Apparent consumption thous. of lbs_.Wholesale price, 5 markets... dolls, per lb__
Cheese:Receipts, 5 markets thous. of Ibs. .Cold-storage holdings,
American, end of month thous. of Ibs. _Wholesale price, 5 markets dolls, per Ib
Eggs:Receipts, 5 markets thous. of casesCold-storage holdings thous. of cases..
MilkCondensed milk:
Manufacturers' total stocks —Case goods..,. thous. of lbs__Bulk goods ___thous. oflbs..
Manufacturers' unsold stock-Case goods . thous of IbsBulk goods thous. of lbs_.
Exports thous. of IbsWholesale price, New York*. dolls, per case-
Evaporated milk:Manufacturers' total stocks,
case goods thous. of lbs__Manufacturers' unsold stocks-
Case goods _ thous. of lbs_-Exports thous. of lbs_.Wholesale price, New York*. dolls, per case_.
Powdered milk:Sales, less resales1 __thous. of lbs_.Manufacturers' total stocks*—
Case goods thous. of lbs._Bulk goods thous. of lbs._
Manufacturers' unsold stocks*—Case goods thous. of lbs._Bulk goods thous. of lbs_.
Exports thous. oflbs .Fluid milk:
Receipts-Boston (includ. cream) thous. of qts_.Greater New York .... thous. of cansProduction —
Minneapolis district (excludingcream) thous. of lbs_.
Minneapolis district(cream) thous, of Ibs..
1925
Septem-ber
2,6271,613
839981
41, 11741, 584
1,112
6.1915.09
980,257580, 900
1, 032, 579
18, 804
44,345
28,18455, 447
1,205,930
45,005
114, 172* 172, 328
.488
20, 520
78, 582.241
9308,612
42, 2087,340
33, 8883,3462,3485.88
157, 381
121, 74513,339
4.49
3,636
5278,289
5275,607
392
16, 3052,647
18, 322
290
October
3,1982,2871,338
945
41, 70140, 537
1,435
6.4114.81
1, 194, 359478, 777
1, 169, 154
27,507
53, 787
21, 18658, 358
1, 370, 878
43,468
94,916163,609
.514
21,029
71, 913.252
7096,322
34, 79216,370
28,489i 3, 210
4,5526.03
144,010
108, 1855,7714,49
3,482
46516,931
465l 4, 169
201
16, 2772,587
19, 417
290
Novem-ber
1,712927460793
34, 04933,609
1,549
6.7915.25
1, 092, 150i 493, 850
990, 382
62,272
86, 733
15, 17461, 822
503, 149
35, 455
174,754140, 254
.511
17, 059
i 66, 495.254
4333, 786
29, 6854,493
24, 1802,1823,3166.03
131, 199
103, 7004,6544.49
4265,832
4263,186
376
15, 6492,496
Decem-ber
1,825
8.0615.94
601, 842
68,385
111, 459
36, 199
52,708
14,012
58, 548
6251,677
6.04
4.54
1934
October
3,2952,2671,4411,020
43, 56642,847
3,166
5.8113.44
1, 155, 375509, 84T
1, 196, 114
27,263
55, 139
20,21567, 025
1, 085, 539
41,949
135, 018161, 158
.385
17,479
67, 905.197
7475,267
18, 07013,974
13, 2826,3306,2655.85
147, 596
112, 55316, 335
3.89
3,496
31911, 827
3199,3671,262
15, 5062,550
18, 038
305
Novem-ber
1,8791,154
676540
35, 80135, 600
3,326
6.3313.34
1, 167, 417566, 798
1, 001, 660
61, 784
87, 939
14, 04070, 406
687,168
30, 161
100, 832148, 757
.418
14, 883
58, 705.202
4563,102
14,60411, 802
10, 6506,2124,3065.85
133, 093
100, 63910, 818
3.92
2,969
1808,805
1806,0291,260
14,9262,403
17, 303
274
Decem-ber
1,605750206854
32, 80333, 106
2,949
7.5815.98
1, 386, 953i 854, 056
966, 477
79, 368
133,990
12, 35368,325
614, 164
33, 155
65, 694156, 398
.440
14, 921
49, 187.221
5241,050
11,8309,161
2,1494,1683,0965.87
102, 337
40, 0327,7663.99
4,087
2148,017
2065,259
487
14, 7012,434
19, 757
375
PER CENT IN-CREASE (-{-) ORDECREASE (— )
Novem-ber,1925,fromOcto-ber,1925
-46.5-59.5-65.6—16.1
-18.3-17.1
+17.8
+5.9+3.0
-8.6+3.1
-15.3
+126.4
+61.3
-28.4+5.9
-63.3
-18. 4
-18.4-14.3-0.6
-18.9
-7.5+0.8
-38.9-40.2
-14.7-29.5
-15.1-32.0-27.2
0.0
-8.9
—4.119.4
-8.4-15.9
-8.4-23.6+87.1
-3.9-3.5
Novem-ber,1925,from
Novem-ber,1924
-8.9-19.7-32.0+46.9
-4.9-5.6
-45.1
+7.3+14.3
-6.4-12. 7-1.1
-0.8
-1.4
+8.1-12.2-26.8
+17.6
-25.9-5.7
+22.2
+14.6
+13.3+25.7
-5.0+21.9
+103. 3-61.9
+127. 0-64.9-23.0+3.1
—1.4
+3.0-57.0
+136. 1-33.8
+136. 1-47.4-70.2
+4.8+3.9
CUMULATIVE TOTALFROM JANUARY 1THROUGH NOVEM-PER 30
1924
20,59611, 0434,4749,310
417, 676428,028
12, 965, 870
11, 514, 317
283, 817
191, 703
5, 887, 264
554,322
1, 777, 704
200,131
14,880
60, 874
134, 276
40, 818
5,042
176,462«27,463
214, 994
84,847
1925
20,49210, 8444,0209,560
428,008416, 985
11, 957, 710
12, 161, 749
252,412
229,410
5, 936, 196
535, 799
1,759,621
207,841
14,851
38, 503
99, 484
40, 765
3,405
182, 23429, 539
• 235, 065
«4,384
Percentin-
crease(-t}or de-
crease
&from1924
+0.5-1.8
-10.1+2.7
+2.5-2.6
-7.8
+5.6
-11.1
+19.7
+0.8
-3.3
-1.0
+3.9
-0.2
-36.7
-25.9
-0.1
—32.5
+3.3+7.6
+9.3
-9.5
i Revised.« Ten months' cumulatives, Jan. 1 to Oct. 31, 1924, inclusive.* See table on p. 21 of the December, 1925, issue for earlier data
i See p. 26 of the October, 1925, issue for earlier data.*See p. 23 of the November, 1925, issue, for earlier data.• See table on p. 22 of the December, 1925, issue for earlier data.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
42
TREND OF BUSINESS MOVEMENTS—Continued.
Where available December data havebeen included in this table. The cu-mulatives shown are in most instances,however, only through Novemberand, where designated by a footnote,through October. Earlier data foritems shown here may be found onpages 29 to 151 of the August, 1925,"Survey"
FOODSTUFFS— Continued
SugarRaw:
Imports longtons..Meltings, 8 ports long tonsStocks at refineries
(end of month) _ _ _. long tons. _Receipts, domestic, at New Orleans .long tons..Refined, exports . _ long tons. .Prices:
Wholesale, 96° centrifugal,N. Y dolls, per Ib .
Wholesale, granulated, N. Y._dolls. per lb_.Retail, granulated, N. Y dolls, per lb_.Retail, average, 51 cities index number. .
Cuban movement:Receipts at Cuban ports long tons..Exports long tonsStocks, end of month long tons..
CoffeeImports . . . thous. of Ibs. .Visible supply:
World _ thous. of bags. _United 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..
TeaiTnports thovis of Ibs
TOBACCO
Consumption (tax-paid withdrawals) :Large cigars . millions. _Small cigarettes millions..Manufactured tobacco
and snuff thous. of IbsExports:
Unmanufactured leaf. .thous. of lbs_.Cigarettes millions
Production (crop estimate) • thous. of Ibs..Sales of loose-leaf, warehouses _ _ thous. of lbs__Price, wholesale, Burley good leaf,
dark red, Louisville dolls, per 100 lbs__
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 tonsCanals—
Sault Ste. Marie__ thous. of short tons..Suez thous of metric tons
Mississippi River—Government-owned barges tons. .
Ohio River, Pittsburgh, Pa., toWheeling, W. Va short tons
Ocean Traffic
Clearances, vessels in foreign trade:Total.. thous. of net tons..American. thous. of net tonsForeign thous. of net tons..
Freight rates, liners, Atlantic ports to Europe-index no. (relative to January, 1920)
Vessel construction:Completed during month —
Total . gross tonsSteel seagoing gross tons. _
Building or under contract, end of mo. —Merchant vessels. _thou. of gross tons..
Freight Cars
Surplus (daily av. last week of month):Box. number..Coal ... . _ numberTotal _ number. _
1935
Septem-ber
321, 620459, 875
187, 739None.40, 624
.043
.054
.062
.127
158, 009371,200
. 594,378
133, 463
5,087716
1,494
1, 434705
11, 993
5767,119
36, 154
50, 694336
1,247,01191, 682
25.00
1,892983476
10, 9042,087
46, 070
668, 392
6,2392,4503,789
26.2
21, 75817, 191
162
58, 20361, 370
140, 842
October
240, 100385, 647
94,511835
2], 614
.039
.050
.059
.124
125, 012281,210460, 709
111, 920
5,082583
1,262
1,536680
13, 088
7116,925
38, 061
52, 784488
1,228,97298, 657
25.00
2,009968626
11, 6372,135
67, 627
739, 635
6,5722,9913, 581
27.7
17,51612, 210
170
49, 50242, 949
111,619
Novem-ber
220, 184262, 894
92, 70925, 24819, 131
.040
.051
.058
.120
88, 119262, 855292, 119
115, 225
5,035789
1,144
1,269758
11, 067
5986,517
30,342
51, 141500
1, 264, 226112, 615
25.00
2,023
8,409
47, 000
603, 125
5,6712,4513,220
27.5
9,8443,283
186
58, 46343, 658
136, 796
Decem-ber
349, 139
120, 14627, 583
.041
.053
181, 448327, 298132, 148
5,080880
1,187
1,195731
1, 349, 660
25.00
1,838
13, 0969,339
1924
October
242, 353344, 404
66, 522163
5,388
.060
.073
.081
.160
85, 762194, 683145, 422
133, 497
5,734772
1,536
1,730827
11, 794
6356,488
38, 043
56, 821697
83, 090
24.50
2,0181,057
515
10, 3282,206
57, 604
714, 421
6,8032,9223,881
28.1
11,4146,665
177
1 30, 48649, 058
1 99, 190
Novem-ber
155, 161221, 836
32, 17214, 0571,843
.058
.073
.082
.160
43, 574148, 98741, 460
116, 349
5,661803
1,249
1,210668
10,751
6015,356
30, 210
45, 722839
66, 854
24.50
1,962972515
6,6192,407
39, 603
795, 527
5,6992,6333,066
28.1
12, 6508,651
184
73, 54782, 819
183, 914
Decem-ber
134, 073151, 541
49, 39337,812
863
.053
.072
.080
.160
101, 126109, 02023, 850
114, 113
5,388611980
923530
8,688
5115,442
28, 571
44, 545838
1, 242, 45671, 676
24.50
2,2661,266
524
1,6792,228
54, 229
564, 578
4,8852,0732,812
26.8
15, 16711, 690
183
117,434108, 189266, 252
PER CENT IN-CREASE (+) ORDECREASE ( — )
Novem-ber,1925,fromOcto-ber,1925
-8.3-31.8
-1.90)
-11.5
+2.6+2.0-1.7-3.2
-29.5-6.5
-36.6
+3.0
-0.9+35.3-9.4
-17.4+11.5
-15.4
-15.9-5.9
-29.3
-3.1+2.5
+14.1
0.0
+0.7
-27.7+2.3
-30.5
-18.5
-13.7-18.1-10. 1
-0.7
—43. 8-73.1
+9.4
+18.1+1.7
+22.6
Novem-ber,1925,from
Novem-ber,1924
+41.9+18.5
+188. 2+79.6+3.8
-31.0-30.1-29.3-25.0
+102. 2+76.4
+604.6
-1.0
-11.1-1.7-8.4
+4.9+13.5
+2.9
-0.5+21.7
+0.4
+11.9-40.4+8.6
+68.4
+2.0
+3.1
+27.0-3.2
+18.7
-24.2
-0.5-6.9+5.0
-2.1
-22.2-62.1
+1.2
-20.5-47.3-25.6
CUMULATIVE TOTALFROM JANUARY 1THROUGH NOVEM-BER 30
1934
3,541,1164, 395, 708
41, 394195,711
3, 889, 5183, 875, 404
1, 302, 456
13, 248
12, 9646,459
83, 718
6,14765, 566
384, 104
531, 5209,754
412, 450
23,6265 12, 427
6 5, 313
71, 3596 20, 824
795, 274
5, 717, 392
63, 93827, 96535, 973
194, 919119, 159
1935
|1
3,768,6854, 763, 766 <
31, 838328, 013
4,861,4044, 614, 219
1, 154, 616
10, 624
12, 0686,346
90, 778
6,02773, 708
381, 670
402, 0237,203
507, 809
21, 3438 10, 358
s 4, 913
80, 0375 22, 378
844, 801
6, 220, 906
64, 91625, 94438, 972
198, 041123, 480
Percentin-
crease(t}
or de-crease
1925from192,4
+6.4+8.4
-23.6+67.1
+25.0+19.1
-11.4
-19.8
-6.9-1.7
+8.4
-2.0+12.4
-0.6
-24.4-26.2
+23.1
-9.7-16.6-7.5
+12.2+7.5
+6.2
+8.9
+1.5-7.2+8.3
+1.6+3.6
|
i Revised.6 Ten months' cumulatives, Jan. 1 to Oct. 31, 1925, inclusive.6 Total crop estimated in month indicated. Data for a year ago represents revised final estimate of the 1924 crop.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
43
TREND OF BUSINESS MOVEMENTS—Continued
Where available December data havebeen included in this table. The cu-mulatives shown are in most instances,however, only through Novemberand, where designated by a footnote,through October. Earlier data foritems shown here may be found onpages 29 to 151 of the August, 1925,"Survey"
TRANSPORTATION-Continued
Freight Cars— Continued
Shortage (daily av. last week of month):Box _ numberCoal numberTotal number
Car loadings (monthly totals) :Total thous. of cars._Grain and grain products thous. of cars._Livestock thous. of cars__Coal and coke thous. of cars..Forest products thous. of cars..Ore thous of carsMerchandise and 1. c. 1 _thous. of cars..Miscellaneous thous. of cars
Cars in bad order:Total, end of month carsRatio to total on line per cent..
Railroad OperationsRevenue:
Freight _ thous. of dollsPassenger thous. of dollsTotal operating thous of dolls
Operating expenses thous. of dollsNet operating income tbous of dollsFreight carried.. mills, ton-milesPullman company operations:
Revenue . thous. of dollsExpenses thous of dollsPassengers carried thousands
Locomotives in bad order:Total, end of month numberPer cent of total in use per cent
Equipment Installations
Locomotives (Am. Ry. Assn.):Owned (end of month) number
Tractive power mills of IbsInstalled during month numberRetired during month _ number .Ordered from manufacturers numberShipments by manufacturers:
Total numberDomestic. . . number
Unfilled orders, manufacturers':Total numberDomestic number
Building in railroad shops(end of month) number
Exports . numberFreight cars (Am. Ry. Assn.):
Owned (end of month) numberCapacity mills, of Ibs
Installed during month numberRetired during month number.Ordered from manufacturers numberShipments by manufacturers (I. C. C.):
Total numberDomestic number
Unfilled orders by manufacturers (I. C. C.) :Total numberDomestic numberBuilding in railroad shops
Passenger cars:Ordered from manufacturers number. _Shipments by manufacturers (I. C. C.):
jTotal numberDomestic number
Unfilled orders (I. C. C.):Total numberDompstic number
Passenger Travel
National parks:Visitors numberAutomobiles entered number
Arrivals from abroad:Aliens numberUnited States citizens number
Departures abroad:Aliens numberUnited States citizens number. _
PassDorts issued _ _ number..
1925
Septem-ber
364153558
4, 297210131731279230
1,0461,670
179, 5717.7
419,64395, 705
565, 452388, 096134, 58541, 322
7,4095,1903,385
10, 64316.5
64, 2572,596
12922986
9450
363296
3722
2, 363, 637211, 201
8,1619,1966,113
5,4055,319
12, 14811,412
6,246
37
6758
612593
184, 27917, 361
26, 72168, 500
7,20024, 3698,795
October
153495
2,957
5, 537232212996352248
1,3532,144
165, 4817.1
450, 49386, 464
591, 313410, 352137, 70044, 062
6,8185,8413,039
10, 23316.1
64, 1422,595
150266199
7954
497397
3356
2, 359, 124210,922
' 5, 097' 9, 616
5,556
2,8492,492
16, 35415, 869
7,189
134
6666
569550
36, 5242,462
28, 68535, 413
7,67424, 2278.012
Novem-ber
104200357
4,095195140799265132
1,0351,528
165, 8187.2
402, 41181, 095
532,827384, 514106, 94340, 786
6,0525,4922,742
10, 72516.9
63,8692,589
112394101
9852
548448
3238
2, 353, 454200, 590
4,2999,948
13, 598
87
26, 64223, 118
6, 55518, 0397,776
Decem-ber
3,69920613175725848
9751,325
10486
763628
8,172
1924
October
784785
1,656
5,455339206
1,001353213
1,2902,051
190, 5438.2
439, 04282, 886
572, 872404, 038127, 22343, 134
6,0055,0762,773
11,09517.2
64, 9642,586
113220148
9678
462398
7637
2, 342, 149207, 366
16, 59810, 50412, 610
8,8398,449
38, 39136, 560
3,574
244
9690
486479
47, 5712,585
27, 40231, 474
8,94119, 9517,906
Novem-ber
166133354
3,90221915977227672
9811,423
189, 1408.2
1380,992i 78, 791
1505,889i 374, 410193,396138,067
5,2425,2442,509
11, 57418.0
64, 8822,587
18126399
133123
397331
7029
2,342,479207, 53511, 70510, 67813, 870
6,3825,938
45, 36943, 937
5,159
279
9998
502496
37, 1421,953
29, 34522, 297
8,6 514, 7417,894
Decem-ber
2730
101
3,47518714875225239
9281,167
1 90, 9798.3
362, 36890, 845
505, 253381, 41586, 98834, 998
5,8875,4702,719
11, 26617.5
64, 8712,589
205304189
142132
431358
6425
2, 337, 229207, 172
6,76311,91810, 240
5,6615,365
46, 50845, 325
6,478
235
7979
512507
\28, 399
927
28, 09817, 219
14, 28817, 3887,575
PER CENT IN-CREASE (+) ORDECREASE (— )
Novem-ber,1925,fromOcto-ber,1925
-32.0-59.6-87.9
-26.0-15.9-34.0-19.8-24.7-46.8-23.5—28.7
+0.2+1.4
-10.7-6.2-9.9-6.3
-22.3-7.4
-11.2-5.0-9.8
+4.8+5.0
-0.4-0.2
-25.3+48. 1-49.2
+24.1-3.7
+10.3+12.8
-3.0-32.1
—0 2-4.9
-15.7+3.5
+144. 7
—35.1
-7.1-34.7
-14.6-25.5-2.9
Novem-ber,1925,from
Novem-ber,1924
-37.3+50.4+0.8
+4.9-11.0-11.9+3.5-4.0
+83.3+5.5+7.4
-12,3-12.2
+5.6+2.9+5.3+2.7
+14. 5+7.1
+15.5+4.7+9.3
-7.3-6.1
-1.6-0.1
-38.1+49.8+2.0
-26.3-57.7
+38.0+35.3
-54.3+31.0
+0 5
-63*. 2-6.8-2.0
-68.8
-9.2+3.7
-23.8+22.4-1.5
CUMULATIVE TOTALFROM JANUARY 1THROUGH NOVEM-BER 30
1924
45, 0562,3831,6058,3003,4131,640
11, 59216, 123
3,986,819985, 838
5,482,4864,178,280
900,063394, 618
66, 87156, 14031, 369
1,9511,8441,228
1,3231,188
295
141, 156104, 719132, 551
70, 16269, 318
2, 323
935882
5 1,529, 285« 189, 150
326, 672304, 846
75, 833284, 260138, 803
1925
47, 4792,0961, £038,7333,4851,970
12, 19517,497
4, 173, 560963,916
5, 662, 6014, 193, 6051, 041, 990
418,393
73, 51757, 72832, 657
1,6042,626
809
1,023727
325
121, 374106, 40964, 551
70, 37766,783
1, 068
734692
51,602,024s 193, 092
269, 636348, 578
72, 849323, 560163, 927
Percentin-
crease(+)
or de-crease(-)1925from1924
+5.4-12.0-6.4+5.2+2.1
+20.1+5.2+8.5
+4.7-2.2+3.3+0.4
+15.8+6.0
+9.9+2.8+4.1
-15.4+42.4-34.1
-22.7-38.8
+10.2
-14.0+1.6
-51.3
+0.3-3.7
-54.0
-21.5-21.5
+4.8+2.1
-17.5+14.3
-3.1+13.8+19.8
Ten months' cumulatives, Jan. 1 to Oct. 31, 1925, inclusive.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
44
TREND OF BUSINESS MOVEMENTS—Continued
Where available December data havebeen included in this table. The cu-mulatives shown are in most instances,however, only through Novemberand, where designated by a footnote,through October. Earlier data foritems shown here may be found onpages 29 to 151 of the August, 1925,"Survey"
PUBLIC UTILITIES
Telephone companies:Operating revenues thous of dollsOperating income thous. of dolls
Telegraph companies:Commercial telegraph tolls.thous. of dolls. _Operating revenue thous. of dollsOperating income thous. of dollsGross revenue sales _ thous. of dolls. .
Electric railways (213 companies) :Passengers carried „ thous. of persons-
Electric power:Production —
Total mills of kw. hoursBy water power _. .mills, of kw. hours. _By fuels.. mills, of kw. hours. .In street rys. mgf.
plants, etc mills, of kw. hours..Central stations mills, of kw. hours. ..
EMPLOYMENT AND WAGES
Employment in factories:New York State thousandsDetroit . . ._ thousandsNew Jersey (rel. to 1923) . . .index number _.Pennsylvania (rel. to 1923)..index number--Delaware (rel. to 1923) index number..Wisconsin {rel to 1915) index numberIllinois (rel to 1922) index numberMassachusetts (rel. to 1914) .index number. .
Total payroll:New York State thous of dollsWisconsin (rel. to 1915) index number..New Jersey (rel. to 1923) -_ .index number..Pennsylvania (rel. to 1923) .index number. _Delaware (rel. to 1923) index number. _
Federal civilian employees, Wash-ington D C number
Average weekly earnings (State reports) :New York State dollsIllinois (rel. to 1922) index number..Wisconsin (rel to 1915) index numberMassachusetts (rel. to 1914) .index number..New Jersey (rel. to 1923) .. .index number. _Pennsylvania (rel. to 1923) .index number..Delaware (rel. to 1923) index number
Average weekly earnings (National IndustrialConference Board):
Grand total (both sexes) dollarsTotal male dollarsSkilled male dollarsUnskilled male dollarsTotal women dollars
Average weekly hours:Nominal (both sexes) hoursActual (both sexes) hours
Wages of common labor by geographic divisions:New England cents per hourIVIiddle Atlantic cents per hourSouth Atlantic cents per hourEast South Central cents per hourWest South Central cents per hourEast North Central cents per hour"West North Central cents per hourWest North Central cents per hourMountain cents per hourPacific cents per hourTJnited States average cents per hourWage rates, U. S. Steel
Corporation cents per hourEmployment agency operations:
Applicants per job —United States average number..Eastern States numberCentral States numberSouthern States numberWestern States number _ .
1935
Septem-ber
54, 95513, 373
11, 30613, 7842,211
117,200
750, 236
i 5, 4901,607
1 3, 883
365i 5, 125
500258919079
123.997.889.9
14, 150286.7
898378
62,519
28.32107.6231.1186.5
989596
26.9429.2730.8923.4817.00
50.048.3
4644302526383838455338
40
1.05.87
1.37.89.59
October
57, 92515, 034
11, 67814, 4082,342
128, 800
811, 295
i 5, 936i 1, 797i 4, 139
398i 5, 534
510267929278
123.398.692.2
14, 559297.6
959082
62, 039
28.57115.3241.0189.9
103101102
27.1229.5131.2023.6617.13
50.048.3
4646252528363737465338
40
1.441.131.44.93.59
Novem-ber
779, 672
5,7721,9283,845
3955,378
513264939278
122.699.393.1
14,700288.1
969684
61, 753
28.67115.2234.7187.8
10399
104
4645272529363737465238
40
1.271.191.491.19.66
Decem-ber
129
40
1924
October
50, 93112, 748
9, 94012, 3891, 993
111, 200
791, 485
5, 1931, 6323, 560
3704, 823
495195888776
114.896.190.4
13, 632262.2
868380
64, 794
27.53112.0227.8208.9
9997
103
26.4528.4430.2122.6017.36
49.647.1
4741302427403838425338
40
1.291.121.651.22.59
Novem-ber
50, 06112, 099
8,77610, 0531,478
120, 200
756, 802
5,0651, 5593,492
3734,692
495197888778
116.295.790.8
13, 700263.2
888378
64,740
27.66111.8226.2188.0
1019797
26.4128.3730.8422.8417.21
49.747.1
4641282528413737415238
40
1.411.221.741.27.71
Decem-ber
52, 14512, 131
9,99912, 2851,811
131,7 0
5,5371,7493,788
4355,102
49995898979
116.497.691.3
14, 101267.1
909089
66, 079
28.26114.8229.1190.1
101103110
26. 8528.9030.6523.0817.18
49.847.1
4743272327393737415237
40
1.521.311.951.38.66
PER CENT IN-CREASE (+) ORDECREASE (— )
Novem-ber,1925,fromOcto-ber,1925
Novem-ber,1925,from
Novem-ber,1924
-3.9
-2.8+7.3-7.1
-0.8-2.8
+0.6-1.0+1.1
0.00.0
-0.6+0.6+1.0
+1.0-3.2+1.1+6.7+2.4
-0.5
+0.4-0.1-2.6-1.1
0.0-2.0+2.0
+3.0
+14.0+23.7+15.7
+5.9+14.6
+3.6+34.0+5.7+5.7
0.0+5.5+3.8+2.5
+7.3+9.5+9.1
+15.7+7.7
-4.6
+3.7+3.0+3.8-0.5+2.0+2.1+7.2
0.0-2.2+8.0-0.0+3.6
0.00.00.00.0
-1.90.0
0.0
-11.8+5.3+3.5
+28.0+11.9
0.0+9.8-3.6
0.0+3.6
-12.20.00.0
+12.20.00.0
0.0
-9.9-2.5
-14.4-6.3-7.0
CUMULATIVE TOTALFROM JANUARY 1THROUGH NOVEM-BER 30
1924
5 478, 743s 102, 427
s 90, 2436 112, 177
* 15, 2925 1,103, 730
8, 624, 159
53, 50418, 27235, 219
1925
5 536, 0036 127, 839
5 102, 0335 125, 414
5 18, 2375 1,183,776
8, 577, 295
59,46920, 33839, 132
Percentin-
crease(+)
or de-crease
1925from1924
+12. 0+24. 8-
+13.1+11.8-+19.3+7.3.
-0. 5
+11. 1+11. a.+11.1
i Revised.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
45
TREND OF BUSINESS MOVEMENTS—Continued
Where available December data havebeen included in this table. The cu-mulatives shown are in most instances,however, only through Novemberand, where designated by a footnote,through October. Earlier data foritems shown here may be found onpages 29 to 151 of the August, 1925,"Survey"
DISTRIBUTION MOVEMENT
Mail-order houses:Total sales - -thous. of dolls..Sears, Roebuck & Co thous. of dolls..Montgomery Ward & Co.. thous. of dolls..
Ten-cent stores:Total sales -thous. of dolls..Total stores _ _ . .number. .F. W. Woolworth & Co thous. of dolls..
Number of stores operatedS. S. Kresge Co thous. of dolls..
Number of stores operatedMcCrory Stores Corp. thous. of dolls..
Number of stores operatedS. H. Kress & Co thous. of dolls..
Number of stores operatedRestaurant chains:
Total sales _ -thous. of dolls ..Total stores number..Childs Co., sales ..thous. of dolls..Waldorf System (Inc.),
sales thous. of dolls..Chain stores:
J. C. Penney Co thous. of dolls..Number of stores
United Cigar Stores Co thous. of dolls..Number of stores
A. Schulte (Inc.) thous. of dolls..Number of stores
Owl Drug Co thous. of dolls .Number of stores
Magazine advertising thous. of lines .Newspaper advertising thous. of linesNational advertising in newspapers :h
Total thous. of lines..Automobile advertising thous. of lines..Automobile accessories thous. of lines..Cigars, cigarettes, and
tobacco thous. of lines..Financial. thous. of lines..Food, groceries, beverages. .thous, of lines..Hotels and resorts thous. of lines..Household furniture thous. of lines..Men's clothing thous. of lines..Musical instruments thous. of dolls..Radio and electrical thous. of lines. _Railroads and steamships thous. of lines .Shoes. . _ thous. of lines. .Toilet articles and medical
preparations thous. of lines..Women's wear thous. of lines ..Miscellaneous thous. of lines..
Postal receipts, 50 selectedcities.. thous. of dolls..
Postal receipts, 50 industrialcities thous. of dolls..
Money orders:Domestic paid (50 cities)—
Quantity __ ...numberValue _ thous. of dolls
Domestic issued (50 cities) —Quantity .number..
Value thous. of dolls..Delinquent accounts, electrical trade:
Amount dollarsNumber of firms _. .number
Hardware trade:Sales index _ _Outstanding accounts (number of times
sales) _.Internal revenue-taxes collected:
Firearms and shells thous. of dolls..Jewelry, watches, and
clocks thous. of dollsTheater admissions thous of dollsBonds and stocks issued and
conveyances thous of dollsCapital stock transfers . thous. of dolls
BANKING AND FINANCE
Life Insurance
(Association of Life Insurance Presidents')
Policies, new (45 companies):Ordinary _ number of policies. .Industrial . number of policiesGroup., _ number of contractsTotal number of policies and contracts..
Policies and certificates issued:Total policies and certificates number..Group insurance certificates.. .certificates..
1935
Septem-ber
34, 83619, 35915,477
32, 0752,041
18, 1291,4158,222
2872,284
1753,440
164
3,227222
2,151
1,076
8,298645
6,3262,8402, 050
2671,330
871,979
99,427
24,6685,2461,488
892903
2,922221
1,03739369
7441,475
244
3,844236
4,697
28, 551
3,002
9,71679, 336
2,80129,456
167, 0761,400
145
2.0
358
5501,812
2,3941,278
187, 944691, 227
107879, 278
899, 21620,045
October
52, 34030, 37521, 965
39, 7592,057
22, 9891,4209,992
2932,732
1794,046
165
3,403223
2,246
1,157
12, 142644
6,6612,8882,257
2661,451
872,421
119, 754
31, 3595,6161,376
1,8381,0234,606
2911,153
578232
1,1211,467
294
6,303422
5,038
32, 489
3,352
12,00899, 240
3,15433,041
184, 0561,597
160
1.8
329
5562,148
2,9281,318
224, 3701, 199, 183
1141, 423, 667
1, 461, 67538, 122
Novem-ber
44, 61825, 82418, 794
36, 8822,066
20, 6771,4259,425
2932,669
1824,111
166
3,184225
2,107
1,077
9,850668
5,9922,9462,034
2671,252
872,506
117, 231
29, 2015,0231,041
2,199906
4,183396591375353
1,0041,532
256
6,584232
4,525
29, 962
2,970
10, 91688, 548
3,06532, 016
138
2.0
506
5971,920
2,6151,949
219, 593851, 209
1721,070,974
1, 097, 29226, 490
Decem-ber
53, 31130, 52222, 789
71, 258
39, 330
17, 984
5,337
8,607
2,275
12,606676
38, 656
4,126
272, 239824, 881
4851, 097, 605
1, 272, 811175, 691
1924
October
41, 06323, 80117, 262
34, 0551,929
20,4001,3517,873
2472,103
1723,679
159
3,176219
2,081
1,095
8,431567
6,5022,5481,949
2531,588
842,213
108, 840
29, 119
3,145
12,00095, 784
3,05230, 763
167, 2861,509
150
1.9
434
5932,021
2,098685
181, 569830, 831
871, 012, 487
1, 083, 20570, 805
Novem-ber
39, 54122, 48817, 053
33, 2921,943
19, 3691,3648,252
2472,244
1743,427
158
2,981219
1,907
1,074
9,286569
6,2052,5631,901
2521,289
842,201
103, 239
26,471
2,627
11, 29488, 962
2,94129, 802
139,7151,157
134
2.1
425
4842,076
1,976660
216, 103641, 128
132857, 363
833, 00225, 771
Decem-ber
46, 31626, 17120, 145
33, 2921,956
35,0211,364
14, 592256
4,260176
7,302161
3,181219
2,057
1,124
9,947569
8,4902,5722,742
2551,906
842,121
102, 667
34, 149
3,613
13, 558100, 098
3,57334,002
119,7771,258
140
1.9
290
7292,554
2,0831,430
230, 278903,065
4721, 133, 815
1, 242, 423109, 080
PER CENT IN-CREASE (+) ORDECREASE (— )
Novem-ber,1925,fromOcto-ber,1925
-14.8-15.0-14.4
-7.2+0.4
-10.1+0.4-5.7
0.0-2.3+1.7+1.6+0.6
—6 4+0.9-6.2
-6.9
-18.9+3.7
-10.0+2.0-9.9+0.4
-13.70.0
+3.5-2.1
-6.9-10.6—24.3
+19.6-11.4—9.2
+36.1—48.7-35.1+52.2-10.4
4 4—12 9
+4.5—45.0—10 2
-7.8
-11.4
-9.1-10.8
-2.8-3.1
-13.7
+11.1
+53.8
+7.4-10.6
-10.7+47.9
-2.1-29.0+50.9-24.8
-24.9-30.5
Novem-ber,1925,from
Novem-ber,1924
+12.8+14.8+10.2
+10.8+6.3+6.8+4.5
+14.2+18.6+18.9+4.6
+20.0+5.1
+6.8+2.7
+10.5
+0.3
+6.1+17.4-3.4
+14.9+6.8+6.0-2.9+3.6
+13.9+13.6
+13.2
+13.1
-3.3-0.5
+4.2+7.4
+3.0
-4.8
+19.0
+23.3-7.5
+32.3+195. 3
+1.6+32.8+30.3
+24.9
+31.7+2.8
CUMULATIVE TOTALFROM JANUARY 1THROUGH NOVEM-BER 30
1934
338, 574196, 004142, 570
309, 861
180,464
75, 505
20, 936
32, 956
33, 190
21, 281
11,909
64,289
66, 298
19, 967
15, 520
22, 2901, 054, 695
281, 876
30, 091
116, 003914, 086
32, 197323, 965
2,988
17, 39956, 281
33, 2678,060
2, 153, 9207, 542, 160
1,1139,697,193
9,944,803248, 723
1935
389, 129227, 821161, 308
349, 232
199, 687
87, 982
24, 208
37, 355
33, 727
22, 064
11, 663
78, 264
66, 088
21, 708
14, 965
22, 8711, 102, 564
307, 319
32, 690
120, 716874, 019
33, 719337, 874
3,315
7,71722, 088
28, 59814, 678
2, 317, 5888, 827, 675
1,49911, 146, 763
11, 519, 577371, 314
Percentin-
crease(t}or de-
crease(-)1925from1924
+14.9+16.2+13.1
+12.7
+10.7
+16.5
+15.6
+13.3
+1.6
+3.7
-2.1
+21.7
-3.6
+2.6+4.5
+9.0
+8.6
+4.1-4.4
+4.7+4.3
+10.9
-55.6-60.8
-14.0+82.1
+7.6+17.0+34.7+14.9
+15.8+49.3
h See table on p. 19 of the December, 1925, issued for earlier data.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
46'
TREND OF BUSINESS MOVEMENTS—Continued
Where available December data havebeen included in this table. The cu-mulatives shown are in most instances,however, only through . Novemberand, where designated by a footnote,through October. Earlier data foritems shown here may be found onpages 29 to 151 of the August, 1925,"Survey"
BANKING AND FINANCE— Continued
Life Insurance— Continued
Amount of new insurance (45 companies):Ordinary. . thous. of dolls.Industrial thous. of dollsGroup thous. of dolls..Total insurance thous. of dolls..
Premium collections (45 companies) :Ordinary thous. of dollsIndustrial thous, of dolls..Group thous. of dollsTotal thous. of dolls-.
Admitted life insurance assets (41 companies) :Grand total mills, of dolls. .Mortgage loans —
Total ...mills, of dolls..Farm mills, of dolls..All other .mills, of dolls..
Bonds and stocks (book values) —Total mills, of dolls..Government mills, of dolls..Railroad mills, of dolls..Public utilities.— mills, of dolls..All other mills, of dolls..
Policy loans and premiumnotes mills, of dolls..
Other admitted assets mills, of dolls..
(Life Insurance Sales Research Bureau)
Sales of ordinary life insurance (81 companies) :United States total thous. of dolls .Eastern manuf. district thous. of dolls..Western manuf. district thous. of dolls..Western agric. district thous. of dolls..Southern district -thous. of dolls..Far Western district thous. of dolls..
Banking
Debits to individual accounts:New York City .mills, of dolls .Outside New York City mills, of dolls
Bank clearings:New York City mills, of dolls..Outside New York City.— mills, of dolls..
Federal reserve banks:Bills discounted .mills, of dolls. .Notes in circulation mills, of dolls..Total investments mills, of dolls..Total reserve mills, of dolls .Total deposits mills of dollsReserve ratio per cent--
Federal reserve member banks:Total loans and discounts... mills, of dolls. _Total investments mills of dollsNet demand deposits. . .mills, of dolls..
Interest rates:New York call loans per centCommercial paper 4-6 mos per cent
Savings deposits, by Federal reserve districts(balance to credit of depositors) :
Total, 846 banks thous of dollsBoston, 64 banks thous. of dolls..New York, 30 banks-. -thous. of dolls..Philadelphia, 78 banks.thous. of dolls..Cleveland, 18 banks thous of dollsRichmond, 91 banks thous. of dolls..Atlanta, 96 banks thous. of dolls. .Chicago, 209 banks thous. of dolls..St. Louis, 32 banks thous. of dolls..Minneapolis, 15 banks.thous. of dolls..Kansas City, 56 banks.thous. of dolls. .Dallas, 85 banks thous of dollsSan Francisco, 72 banks.thous. of dolls. .
U. S. Postal Savings thous of dollsNew York State Savings
banks thous of dolls
Public Finance
Government debt:Interest-bearing _ .. .mills, of dollsTotal gross debt mills, of dolls. _Short-term debt ._ . ..mills, of dolls
Customs receipts thous. of dolls..Total ordinary receipts thous. of dollsExpenditures chargeable to
ordinary receipts thous. of dolls..Money in circulation:
Total mills, of dollsPer capita dollars..
1925
Septem-ber
538, 166175, 11437,800
751, 080
107, 36737, 0573,124
147, 548
9,121
3,7071,5132,195
3,6941,0412,001
547106
1,092628
601, 772230, 427127, 58298, 95480, 03064, 779
24, 36920, 872
21, 77418, 021
6331,685
6242,8662,26872.5
13, 8325,440
13, 046
4.564.19
7, 604, 9621, 329, 8532, 114, 729
522, 453521, 120348, 699253, 104940, 952159, 07199, 939
113, 95775, 078
1, 126, 007132, 159
3, 487, 629
20, 14320, 4186,186
51, 017512, 072
330, 851
4,82742.17
October
630, 262256, 704
54, 446941, 412
130, 04538,9514,841
173, 837
9,209
3,7501,5152,235
3,7131,0352,005
567106
1,099647
668, 794258, 615148, 401107, 38086, 52767, 871
28, 91624, 008
25, 95220, 299
5901,695
6602,8932,29772.5
13, 9015,443
13, 082
4.904.40
7, 613, 5451, 332, 6052, 108, 618
523, 094521, 262353, 016258, 465947, 951158, 31599, 915
113, 15175, 531
1, 121, 622132, 398
3, 529, 169
20, 14120, 4076,184
52, 835202, 245
323, 432
4,90142.77
Novem-ber
596, 833207, 980111,087915, 900
130, 92039, 0744,940
174, 934
9,292
3,7961,5182,278
3,7511,0482,015
580108
1,103642
637, 023252, 514136, 51799, 15581, 49267, 345
27, 00921, 334
23, 47718, 355
6251,732
7012,8612,29171.1
13, 9595,405
13, 025
4.754.38
7, 651, 3841,335,9782, 113, 380
523, 646526, 885356, 396263, 469955, 175159, 357100, 121113, 35176, 675
1, 126, 951132, 711
3 533 841
20, 13920, 4016,182
48, 276184,931
236,034
4,97243.35
Decem-ber
735, 325223, 883314, 396
1, 273, 604
804, 684296, 151173, 510133, 997116, 23184, 795
26, 05920, 013
7501,835
7512,8222,35767.3
14, 2355,462
13, 261
5.454.38
19, 98320, 2486,033
46, 223602, 575
433,968
5,00843.62
1924
October
501, 459198, 461131, 134831, 054
109, 18833, 4053,025
145, 617
8,297
3,2631,4391,824
3,4691,0851,899
38898
1,017548
572, 184224, 325124, 84193, 48969, 22660, 303
22, 50620, 912
21, 58518, 122
2231,767
8023,1322, 21878.6
12, 7645,551
12, 922
2.453.13
7, 151, 5291, 268, 4652, 001, 536
492, 285489, 511325, 899228, 510910, 932141, 02692, 444
106, 97967, 849
1, 026, 093134, 405
3, 308, 534
20, 97821, 2428,069
49, 890255, 323
320,307
4,88043.12
Novem-ber
524, 384150, 71838, 624
713, 726
103, 73132, 1902,593
138, 515
8,359
3,2981,4441,853
3,4961,0851,909
40598
1,018547
545, 152218, 834115, 57788, 87165, 49056, 380
23, 04718, 846
22, 43316, 743
2221,845
8663,1342,20377.4
12, 8705,617
13, 065
2.603.25
7, 194, 4151, 271, 4902, 006, 184
494, 478499, 463324, 495230, 308917, 748157, 23192, 787
105, 62067, 523
1, 027, 088134, 235
3, 318, 009
20, 95121,2138,041
40,011174, 738
233, 758
4,99444.08
Decem-ber
676, 188225, 892184, 130
1, 086, 210
141, 63359, 6164,186
205, 434
8,476
3,3381,4521,886
3,5341,0861,915
430102
1,020585
744,111281, 134165, 469120, 78498, 92877, 796
27, 32721, 830
25, 62618, 445
3141,862
9353,0472,31173.0
13, 0685,531
13, 254
3.383.56
7, 334, 2891, 282, 0742, 056, 333
513, 283506, 689327, 880234, 515932, 953156, 54894, 674
106,49867, 490
1, 055, 712133, 346
3,388,832
20,71220,9797,046
40, 129570, 792
345, 879
4,99344.03
PER CENT IN-CREASE (+) ORDECREASE (— )
Novem-ber,1925,fromOcto-ber,1925
5 3-19.0
+104. 0-2.7
+0.7+0.3+2.0+0.6
+0.9
+1.2+0.2+1.9
+1.0+1.3+0.5+2.3+1.9
+0.4-0.8
-4.8-2.4-8.0-7.7-5.8-0.8
-6.6-11.1
-9.5-9.6
+5.9+2.2+6.2-1.1-0.3-1.9
+0.4-0.7-0.4
-3.1-0.5
+0.5+0.3+0.2+0.1+1.1+1.0+1.9+0.8+0.7+1.3+0.2+1.5+0.5+0.2
+0.1
0.00.00.0
-8.6-8.6
-27.0
+1.4+1.4
Novem-ber,1925,from
Novem-ber,1924
+13.8+38.0
+187. 6+28.3
+26.2+21.4+90.5+26.3
+11.2
+15.1+5.1
+22.9
+7.3-3.4+5.6
+43.2+10.2
+8.3+17.4
+16.9+15. 4+18.1+11.6+24.4+19.4
+17.2+13.2
+4.7+9.6
+181. 5-6.1
-19.1-8.7+4.0-8.1
+8.5-3.8-0.3
+82.7+34.8
+6.4+5.1+5.3+5.9+5.5+9.8
+14.4+4.1+1.4+7.9+7.3
+13.6+9.7-1.1
+6.5
-3.9-3.8
-23.1+20.7+5.8
+1.0
-0.4-1.7
CUMULATIVE TOTALFROM JANUARY 1THROUGH NOVEM-BER 30
1924
5, 871, 4091, 737, 662
413, 7978, 022, 864
1, 181, 812350, 51727, 233
1, 559, 562
6, 274, 3442, 521, 8701, 362, 383
971, 314776, 518642, 259
236, 204206, 121
224, 244177, 721
505, 1043, 341, 595
2,999,114
1925
6, 833, 0142, 135, 291
684, 8579, 653, 164
1, 343, 573404, 40748, 404
1, 796, 382
7, 250, 1532, 923, 0781, 549, 3111, 145, 812
899, 338734, 615
283, 059232, 357
256, 660197, 121
524, 6043, 224, 545
3, 166, 134
Percentin-
crease(t}or de-
crease(-)1925from1924
+ 16- 4r
+22.9+65.5+20. a+13.7+15.4+77.7+15.2
+15.6+15.9+13.7+18.0+15.8+14.4
+19.8+12.7
+14.5+10.9
+3.9-3.5
+5.6
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
47
TREND OF BUSINESS MOVEMENTS—Continued
Where available December data havebeen included in this table. The cu-mulatives shown are in most instances,however, only through Novemberand, where designated by a footnote,through October. Earlier data foritems shown here may be found onpages 29 to 151 of the August, 1925,*'Survey"
BANKING AND PINANCE-Continued
Business Failures
Liabilities:Total commercial thous. of dollsManufacturing
establishments thous. of dollsTrade establishments thous. of dolls _.Agents and brokers thous. of dolls, .
Firms:Total commercial number,.Manufacturing establishments number..Trade establishments number..Agents and brokers number.
Dividend and Interest Payments
(For the following month)
Grand total thous. of dolls,.Dividend payments:
Total thous. of dolls..Indus, and misc. corp thous. of dolls..Steam railroads _ _ ..thous. of dolls..Street railways ..thous. of dolls..
New Security Issues
Total corporation (Commercial and FinancialChronicle) :
Purpose of issue-New capital thous. of dollsRefunding thous. of dolls..
Kind of issue-Stocks thous of dollsBonds and notes thous. of dolls..
Total corporation (Journal ofCommerce) thous. of dolls..
States and municipalities:Permanent loans thous. of dolls..Temporary loans .thous. of dolls
New incorporations thous. of dolls
Agricultural Finance
Loans outstanding, end mo.:Federal farm loan banks ... thous. of dolls..Joint-stock land banks thous. of dolls..Federal intermediate credit
banks thous. of dollsWar finance corporation thous. of dolls..
Stocks and Bonds
Stock prices, daily closing:25 industrials, average dolls, per share..25 railroads, average dolls, per share. _103 stocks, average dolls, per share..
Stock sales:N Y Stock Exchange thous. of shares
Bond sales:Miscellaneous .thous. of dollsLiberty- Victory _ thous. of dolls..Total thous. of dolls
Bond prices:Highest-grade rails.p. ct. of par, 4% bond..Second-grade rails.. p. ct. of par, 4% bond..Public utility p. ct. of par, 4% bond..Industrial p. ct. of par, 4% bond--Comb, price index.. p. ct. of par, 4% bond..5 Liberty bonds 9 p. ct. of par..16 foreign governments and
city9 p. ct. of par..Comb, price index, 66 bonds fl.p. ct. of par..
Municipal bond yield9 per cent..Long-term real estate bonds issued :i
Grand total thous. of dolls.Purpose of issue-
Finance construction thous. of dolls-Real estate mortgage thous. of dolls..Acquisitions and im-
provements thous. of dolls.All other thous. of dolls..
Kind of structure-Office and other com-
mercial.. _ thous. of dolls..Hotels thous. of dolls__Apartments thous. of dollsAll other _ thous. of dolls..
1925
Septem-ber
30, 687
8,16714, 9907,530
1,465388
1,01562
427, 220
102, 92066, 36525, 90510, 650
294, 30916, 379
74, 634236, 053
234, 096
121, 45876,118
572, 75J
989, 960519, 237
64, 31824, 688
162. 8384.73
115. 71
36, 886
242, 65721, 066
263, 723
86.5476.9170.9574.9276.92
101. 40
104. 0097. 554.21
51, 808
16, 35013, 330
13, 0689,060
11, 2708,7557,025
24, 758
October
29, 544
H,26413, 5304,750
1,581408
1,11162
309, 395
73, 59532, 35033, 9507,295
300, 99470, 310
120,932250, 373
278, 096
86, 12493, 465
585, 422
995,207526, 042
73, 09722, 275
174. 4985.40
121. 39
53, 423
258, 97921, 528
280, 507
86. 0676.7870.5275.1776.73
101. 92
102. 7597.464.26
90, 839
39, 88031, 753
11, 6407,566
37, 5158,3935, 130
39, 801
Novem-ber
35, 922
13, 99418, 9073,022
1,672442
1,14684
322, 323
74, 97054, 57515, 1805,215
365, 56510, 675
149, 938226, 302
251, 381
65,11511, 115
1,241,594
999, 415.534, 134
77, 30019, 843
174. 3988.13
120. 05
48, 981
218, 99923, Oil
242, 010
86.2277.7370.6575.4677.12
102. 02
101. 4197.534.22
65, 647
45, 2409,620
10, 375412
27, 09012, 79510, 16515. 597
Decem-ber
36, 528
12, 93120, 6352,962
1,878490
1,30781
509, 250
166, 50067, 99528, 77518, 015
373, 977
1,020,548
177. 7492.45
42, 876
1934
October
36, 099
15, 61916, 1224,357
1,696411
1,18699
288, 300
67, 30029, 50032, 2006,100
361, 89856, 549
78, 257340, 190
384, 032
96, 076126, 375543, 490
912, 568435, 829
60, 80960, 672
117. 2969.6390.25
18, 126
247, 97245, 164
293, 136
86.6774.3670.1073.7575.74
102. 98
103. 6797.134.11
30,549
20, 6144,200
4,5901,145
20, 5703,2153,1243.640
Novem-ber
31, 124
10, 25215, 7825,090
1,653361
1,19399
301, 150
71, 15052, 40014, 3504,400
235, 2568,112
56,480186,888
197, 464
73, 60036, 983
574, 096
919, 188440, 046
64, 30045, 648
124. 1176.0097.77
41, 369
336, 43152, 987
389, 418
86.4375.0370.4574.0676.06
102. 10
103. 5096.864.13
38, 257
24, 62210, 735
1,0001,900
17, 32011,1155,5374.285
Decem-ber
45, 279
15,75327, 1412,385
2,040475
1,464101
458, 625
158, 12564, 60927, 15016, 800
227, 25956, 727
89, 185283, 985
310, 014
120, 244130, 971734, 854
927, 568446, 429
62, 26740, 205
134. 2979.1599.65
42, 876
313, 04479, 448
392, 492
85.4574.6570. 5673.9475.77
101. 98
102. 3996.554.16
46, 557
27, 2651,301
2,5103,775
19, 9054,290
10, 08512. 277
PER CENT IN-CREASE (+) ORDECREASE (— )
Novem-ber,1925,fromOcto-ber,1925
+21.6
-1-24.2+39.7-36.4
+5.8+8.3+3.2
+35.5
+4.2
+1.9+68.7-55.3-28.5
+21.5-84.8
+24.0-9.6
-9.6
-24.4-88.1
+112. 1
+0.4+1.5
+5.7-10.9
-0.1+3.2-1.1
-8.3
-15.4+6.9
-13.7
+0.2+1.2+0.2+0.4+0.5+0.1
-1.3+0.1-0.9
-27.7
+13.4-69.7
-10.9-94.6
-27.8+52. 4+98.1-60.8
Novem-ber,1925,from
Novem-ber,1924
+15.4
+36.5+19.8-40.6
+1.1+22.4-3.9
-15.2
+7.0
+5.4+4.2+5.8
+18.5
+55.4+31.6
+165. 5+21.1
+27.3
-11.5-69.9
+116.3
+8.7+21.4
+20.2-56.5
+40.5+16.0+22.8
+18.4
-34.9-56.6-37.9
-0.2+3.6+0.3+1.9+1.4-0.1
-2.0+0.7+2.2
+71.6
+83.7-10.4
-78.3
+56.4+15.1-t -83. 6
+264.0
CUMULATIVE TOTALFROM JANUARY 1THROUGH NOVEM-BER 30
1934
497,946
270,416176, 05050, 878
18. 5754,733
12, 799913
3, 840, 590
1, 012, 689566, 170301, 19583,090
3, 008, 303457, 098
777, 2012, 688, 301
2, 909, 132
1,326,445848,] 10
6, 419, 866
238, 920
2, 604, 697786, 686
3, 391, 383
272, 697
200, 51450, 630
10, 16811, 385
126, 66255, 27356, 71734.045
1925
407, 216
154, 754194, 73457, 729
19, 3364,600
13, 854882
4,073,778
1, 066, 505592, 995317, 11593, 350
3, 650, 822593, 927
1, 149, 0533, 095, 698
3, 268, 034
1, 234, 157695, 618
8, 960, 655
408, 123
2, 848, 512317, 128
3, 166, 640
637, 748
365, 737143, 548
77,39351,026
243, 749106, 14184,392
203.468
Percentin-
crease(-yor de-crease(-)1925from1924
-18.2
-42.8+10.6+13.5
+4.1-2.8+8.2-3.4
+6.1
+5.3+4.7+5.3
+12.3
+21.4+29.9
+47.8+15.2
+12.3
-7.0-18.0+39.6
+70.8
+9.4-59.7-6.6
+133. 9
+82.4+183. 5
+661. 1+348. 2
+92.4+92.0+48.8
4-497. fiJ See table on p. 25 of the September, 1925, issue for earlier data.» For 1st of following month.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
48
TREND OF BUSINESS MOVEMENTS—Continued
Where available December data havebeen included in this table. The cu-mulatives shown are in most instances,howeverf only through Novemberand, where designated by a footnote,through October. Earlier data foritems shown here may be found onpages 29 to 151 of the August, 1925,''Survey"
GOLD AND SILVERGold:
Domestic receipts at mint fine ounces ..Rand output thous. of ouncesImports - - -- -thous. of dolls ._Exports thous. of dolls..
Silver:Production thous. of fine oz_.Imports thous. of dolls..Exports -.thous. of dolls—Price at New York dolls, per fine oz._
FOREIGN EXCHANGE BATESEurope:
England dolls, per £ sterling-.France - dolls, per franc—Italy - - dolls, per lire-.Belgium..- dolls, per franc—Netherlands dolls, per guilder--Sweden dolls, per krone--Switzerland dolls, per franc—
Asia:Japan dolls, per yen. _India.. —dolls, per rupee-
Americas:Canada dolls, per Canadian doll—Argentina —dolls, per gold peso—Brazil- _ ._ dolls, per milreis—Chile dolls, per paper peso..
U. S. FOREIGN TRADEImports
Grand total _ . thous. of dolls..By grand divisions:
Europe —Total thous. of dolls..France thous. of dolls—Germany —thous. of dolls..Italy thous . of dolls _ _United Kingdom thous. of dolls..
North America-Total thous. of dolls.,Canada thous. of dolls..
South America-Total thous. of dolls..Argentina — thous. of dolls _
Asia and Oceania-Total - - thous. of dolls .Japan thous. of dolls.-
Africa, total _ — thous. of dolls _By class of commodities:
Crude materials— thous. of dolls. _Foodstuffs, crude, and
food animals thous. of dolls _ _Manufactured foodstufls... thous. of dolls..Secnimanufactures thous. of dolls..Finished manufactures thous. of dolls..Miscellaneous _ _ thous. of dolls ._
ExportsGrand total, including
reexports thous. of dolls—By grand divisions:
Europe —Total . -thous. of dollsFrance .. . thous. of dolls .Germany . .. .. thous. of dollsItaly.. thous. of dolls..United 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 dollsTotal, domestic exports only. .. thous. of dolls..By classes of commodities:
Crude materials thous. of dollsFoodstuffs, crude, and
food animals thous. of dolls..Manufactured foodstuff s _ — thous. of dolls. _Semimanufactures.. thous. of dolls..Finished manufactures thous. of dolls. .Miscellaneous _ .thous. of dolls. _
Agricultural exports (quantities) :All commodities index numberAll commodities except
cotton index number..
1935
Septem-ber
78, 329797
4,1286,784
4,8454,5047,487.716
4.85.047.041.044.402.268.193
.408
.366
1.000.917.135.120
349, 954
100, 37012, 84315, 0676,724
31, 288
76, 54837, 356
44, 3215,603
123, 23947,9705,526
142, 198
45, 24733, 11058, 02165, 3706,059
420, 360
228,37920, 54552, 11712, 79390,334
102, 81963, 338
29,0069,661
53, 10718,0127,008
412, 698
131, 579
34, 17952, 65950, 058
143,470753
128
158
October
128, 030812
50, 74128, 039
4,6445,6028,783.711
4.84.044.040.045,402.268.193
.410
.366
1.001.934.148.121
374, 061
115, 83415, 67515, 7039,680
37, 717
81, 98747, 115
38,7894,003
133,98939, 0793,506
151, 144
44, 27833, 19265,71377,2242,553
490, 601
282, 70234, 05156, 48117, 392
121, 394
96,49155, 798
31, 13512, 144
73,42133, 1706,861
482, 921
209, 659
19, 31251, 47450, 751
151, 070655
168
129
Novem-ber
102, 641787
10, 44824, 355
4,7774,0498,111.692
4.85.040.040.045.402.268.193
.423
.366
1.001.944.146.122
376, 665
118,23114,49215, 7289,323
42, 342
75, 86843, 233
43, 3196,714
131, 45937, 2427,788
165, 904
46, 58829, 33962, 22370, 5152,096
447, 595
237, 64429, 56039, 12016, 766
107, 247
93, 73953, 650
34,99113, 230
72,65429, 8618,568
439, 449
172, 534
19, 48546, 97250, 035
149, 2321,191
149
124
Decem-ber
.689
4.85.037.040.045.402.268.193
.432
.366
1.000.942.142.122
1924
October
127, 184828
19, 7024,125
5,6315,8299,465.708
4.49.052.044.048.391.266.192
.388
.337
1.000.836.112.111
310, 752
106,47714, 12313, 7019,019
36, 530
75, 12433, 729
42, 1034,700
82, 92029, 3084,128
100, 726
42,46238, 41456,65168, 9792,320
527, 172
290, 61526, 78749, 65521, 955
125, 432
133, 31486, 270
32, 82012, 764
64, 19028, 9286,232
518, 265
162, 432
101, 82058, 71153, 428
141, 107767
204
298
Novem-ber
106, 488802
19, 8626,689
5,6246,4819,401.693
4.61.053.043.048.401.268.193
.385
.344
1.000.855.155.113
296, 148
97, 91113,72911, 9097,989
35, 675
71, 17735, 059
41,9254,582
80,97928, 3644,156
106,807
38, 07628,93658,91761, 464
1,948
493, 573
305, 45636, 76558,31222, 863
125, 835
93,09453, 110
27, 08710, 108
63, 14931, 5484,787
486,453
196, 372
58, 94054, 46150, 896
124, 897887
19>4
209
Decem-ber
90, 816825
10, 27439, 675
5,6745,864
11, 280.681
4.70.054.043.050.404.270.194
.384
.353
.997
.883
.115
.113
333, 192
110, 72114, 43612, 7939,084
39, 349
69, 13536,489
44, 5246,294
98, 01739, 62611, 165
131, 701
40, 09827, 89660,92370, 7592,185
445, 748
273, 34227, 86250, 67123, 914
115, 884
76,39838, 123
29, 75210, 702
58, 36226, 4517,026
438, 650
168, 273
39, 51654,38853, 704
122, 003676
161
178
PER CENT IN-CKEASE (+) ORDECREASE (— )
Novem-ber,1925,fromOcto-ber,1925
-19.8-3.1
-79.4-13.1
+2.9-27.7-7.7-2.7
+0.2-9.1
0.00.00.00.00.0
+3.20.0
0.0+1.1-1.4+0.8
+0.7
+2.1-7.5+0.2-3.7
+12.3
-7.5-8.2
+11.7+67.7
-1.9-4.7
+122. 1
+9.8
+5.2-11.6-5.3-8.7
-17.9
-8.8
-15.9—13.2-30.7-3.6
-16.7
-2.9-3.8
+12.4+8.9
-1.0-10.0+24.9-9.0
-17.7
+0.9-8.7-1.4-1.2
+81.8
-11.3
-3.9
Novem-ber,1925,from
Novem-ber,1924
-3.6-1.9
-47.4+264.1
-15.1-37.5-13.7-0.1
+5.2-24.5-7.0-6.2+0.2
0.00.0
+9.9+6.4
+0.1+10.4-5.8+8.0
+27,2
+20.8+5.6
+32.1+16.7+18.7
+6.6+23.3
+3.3+46.5
+62.3+31.3+87.4
+55.3
+22.4+1.4+5.6
+14.7+7.6
-9.3
-22.2-19.6-32.9-26.7-14.8
+0.7+1.0
+29.2+30.9
+15.1-5.3
+79.0-9.7
-12.1
-66.9-13.8-1.7
+19.5+34.3
-23.2
-40.7
CUMULATIVE TOTALFROM JANUARY 1THROUGH NOVEM-BER 30
1924
991, 9888,772
309, 34621, 973
58, 54668, 08298, 611
3, 276, 771
985, 433133, 200126, 46565, 938
327, 128
925, 939362, 578
421, 94769, 004
882, 288300, 43661, 163
1,105,427
384, 820493, 706592, 627680, 212
19,979
4, 145, 235
2,171,049253,802389, 745163, 232866, 150
1, 012, 778585,043
285,406106, 391
612, 734223, 85563, 268
4,059,063
1, 158, 007
353,071519,205556, 867
1,466,0355,878
1925
957, 8068,807
121, 050256, 666
57, 32658, 84991, 531
3, 830, 255
1, 122, 389142, 186142, 89292, 753
375, 563
902, 116412,087
471, 06273, 024
1, 252, 533344,93782, 155
1, 545, 508
446, 803404, 664687,817722, 25823,205
4,441,404
2,356,393252,082434, 359187,671917,676
1,044,771599, 699
359,061131,888
601, 984200,90679, 195
4, 359, 381
1, 261, 459
296,707521, 080606, 053
1,666,7987,284
Percentin-
crease(+)
or de-crease(-)1925from1924
-3.4+0.4
-60.9
-2.1-13.6-7.2
+16.9
+13.9+6.7
+12.9+40.7+14.8
-2.6+13.7
+11.6+5.8
+42.0+14.8+34.3
+39.8
+16.1-18.0+16.1+6.2
+16.1
+7.1
+8.5-0.7
+11.4+15.0+5.9
+3.2+2.5
+25.8+24.0
-1.8-10.3+25.2+7.4
+8.9
-16.0+0.4+8.8
+13.7+23.9
oDigitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
OF OF COMMERCE
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* /'^Vv'V'ficeeigit ^iiblications f ;the Department of: Coaimeree having the ttfcogtf direct interest %* readers of the BUJRV&T Gf CttREjBNT*$f ij&j&&^&^$^^B&&'jbeknft.' /,Sr^<)mj>iete list may be obtaiiied fey addressing the JtHyision: of JPablicatioi^s/Department of Cpim&eroe,: t ' ^v^;^ ^is^hinji^n^ * Gp[pi€^%Of^^6rjpjil)licatlons mayJbe purchased froin the Superintendent ofyHociiBaerits, Government Printing^'J-ppI^^ .Pino price is ?n^tip»€^? ti^^ublicatloli Is distributed .free.* . " „
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Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
DEPARTMENT OF COMMBECE t; JHEfeBERT HOOVEE, SECRBTAEV 3 '.^v*
- " f?^^r-v/' ' \\" ' - v
General Cens f,l^d).^3^t^p0|>ulaton ^tt^,_T__, %._ T . i&r, ^EHBQipo^tcd places, ''m&Sji of
cities, #nd mi^orw^I division*; racje; ser; age; marital COB-, dtljoa^ State, 01 biiNfc of vio^tly^ pdpulation^ iaualfy of bitth j s
r; gantry of oiigx&taiid Mother tongue of foreign it$js$Qot\* (oot^pftsefc fp^gn-ftora wMte aid iiatfye wwte of fofclgft^
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' ments and receipts, for hospitals, aanatoriums, and dispen-saries. " s « ^ •/, .- ,-,•;;>/>!,, vi rj , t ,- l , ^"'.C V1/ , , *
lies (decennial, 1916).—Shows, to? ew _denomination^ numto of church organizations and church
d Divorce (annual).—Number of marriages and, -^aS^iVJl. II^^tLlii'Jl*i'l_,^^i_ JLtj?-.j.ijfii.Ji i^_ - isi'—L^Zi-t^ueVLA • '
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regard to mine timbers used underground, v.>1ti*''\^v'^'v'''" xx'' *Forest Products ~fali$^^p^
f Itt3baber./la%, ^hl |fe> id W0od pulp, and the consump-tion of pulp wood. f \ "*:''>'r~\.~'^y^::^^^> /,^
•' f ^C^OULXQi^JlpB^^ *Agriculture (quinquennial, 7525).—Farm operators, by color
and tenure; farm population; farm acre^e,r by classes of ;land; farm values; farm mortgages; selected farm expenses;. ,_..., ...... ,.,.. ,.j»,. . , . ^^^y^^
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COMMERCE, 'L^~£:|~^ i ^ ^ . - Ii ^ . ^— 1
^ tant current statistics on domestic industrial and comm^ movements. Figures ate gathered from numerous trade
ari/ments, reaerai, DT-aie, ana loreign, wnicn ^o-i» tftefMj^f ;By fe|iisMag tt%^d|ta for; this) » JTLI-A<_lt_ *»,. ,-LlJ^ .-i^^. ,!•._' '5i_. 'i1 _iiiJ*» ri.flfto't^ i J1.«_. _.
Statistics of Current Production, Stocks, and Consump-^:< >%^^^S^miW)tt| i r;xt^^r;. ^'^pii»tt^1 iBliK^tds -^
commoa^ti^ boots^*• ^n^t e«B8| J^^f^^M^f ^<^>U to^^Bpr^W ^Hiif j
ti^derit^wf^ete^ * - ' x'% "';;.' v>' ": ,. • ' * "B ,^ , * • -• , , .-V? '^ **. • I - B ~ - \ < ' _ r \ * J - - '/* - :^vi < . ' >^* * J "^"au ;gufngwennfaZ, /«| MMsti of '
«• Urt Dlwttor ttf the C«»«as, W««aaagtoB, D. <X ,
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis