41
MONTHLY SUPPLEMENT TO COMMERCE REPORTS UNITED STATES DEPARTMENT OF COMMERCE WASHINGTON SURVEY OF CURRENT BUSINESS AS OF DECEMBER 1, 1921 No. 5 COMPILED BY BUREAU OF THE CENSUS BUREAU OF FOREIGN AND DOMESTIC COMMERCE BUREAU OF STANDARDS Subscription price of the SURVEY OF CURRENT BUSINESS is $1 a year; single copies, 10 cents. Foreign subscriptions, $1.50; single copies, including postage, 20 cents. Subscription price of COMMERCE REPORTS is $3 a year; with the Survey, $4 a year. Make remittances only to Superintendent of Documents, Washington, D. C , by postal money order, express order, or New York draft. Currency at sender's risk. Postage stamps or foreign money not accepted.

Survey of Current Business December 1921

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MONTHLY SUPPLEMENT TO COMMERCE REPORTS

UNITED STATESDEPARTMENT OF COMMERCE

WASHINGTON

SURVEY OFCURRENT BUSINESS

AS OF

DECEMBER 1, 1921

No. 5

COMPILED BY

BUREAU OF THE CENSUSBUREAU OF FOREIGN AND DOMESTIC COMMERCE

BUREAU OF STANDARDS

Subscription price of the SURVEY OF CURRENT BUSINESS is $1 a year; single copies, 10 cents. Foreign subscriptions,$1.50; single copies, including postage, 20 cents. Subscription price of COMMERCE REPORTS is $3 a year; with theSurvey, $4 a year. Make remittances only to Superintendent of Documents, Washington, D. C , by postal moneyorder, express order, or New York draft. Currency at sender's risk. Postage stamps or foreign money not accepted.

INTRODUCTION.

The present number of the "Survey" contains (1) a summary text pointing out the principal changesduring the month; (2) a table, entitled TREND OF BUSINESS MOVEMENTS, giving the principal data, togetherwith numerical and percentage comparisons; (3) detailed tables containing new data not shown in precedingissues; and (4) a list of the organizations from which the statistics are taken.

A few suggestions have been received to the effect that the period covered by the "Survey" should be themonth immediately preceding the date of issue. In answer to this, it must be remembered that the "Surveyof Current Business " is first of all a statistical record of current business movements. To receive reports andtabulate them requires time even under the best of conditions. Very few figures are available before the 20thof the next month. Copy for the "Survey" goes to the printer about the 25th of the month. This gives anopportunity to enter in the proof figures which are received up to the last days of the month. Thus the figuresreceived up to the end of December are those covering the month of November. This is as close to the timeof publication as it is possible to secure actual data for the majority of items.

In the main the text has been confined to a statement of certain facts brought out by the actual data.In certain industries the trends during December have been touched upon, based upon telegraphic reports tothe Department of Commerce, although it is impossible to give actual figures in support of such comments.

It should also be pointed out again that in receiving and publishing figures from trade associations andtechnical journals the Department of Commerce assumes no responsibility for their correctness. The figuresare furnished to us by the associations in good faith, and we believe they are representative of the industry tothe extent indicated. The Department does not attempt to check the correctness of such data.

The detailed figures for earlier years and for the months of 1920 and 1921 will be found in the two precedingnumbers (numbers 3 and 4). The issue following the present one will be a complete quarterly number, givingdetailed tables for all items.

(3)

SUMMARY OF THE MONTH'S DEVELOPMENTS.

General slowing down of industry after the spurtin October was the outstanding characteristic of theNovember business figures. This is partially ac-counted for as a seasonal reaction in many lines, suchas textiles and automobiles, and in some lines, such ascoal and transportation, by the overstimulation ofOctober business in the face of the threatened railroadstrike.

The general result of November conditions appearedto be stabilization. This tendency was felt especiallyin textiles, metals, building construction and itsrelated industries, and retail sales. It was alsomanifested in price movements, employment condi-tions, and in railroad transportation.

PRODUCTION.

Figures on November production thus far receivedindicate greater activity than in October 4n metals,clothing, and glass. On the other hand, production forNovember slackened among the foodstuffs and tobacco,while an irregular condition existed in the constructionindustries, fuels, and paper. The chief relative changesin November were decreases in wheat flour, bituminouscoal, and cement, and increases in zinc, California red-wood, and glass bottles.

COMPARISON OF PRESENT PRODUCTION WITH PREWAR.

RELATIVE PRODUCTION (1913=100).

Maxi-mum in1920.

Mini-mum in1921.

Nov.,1920.

FOODSTUFFS:Wheat flourBeef productsPork productsOleomargarine1

CLOTHING:Wool (consumption)Cotton (consumption) |

FUELS: ;Bituminous coal jAnthracite coal ;Beehive cokeBy-product cokeCrude petroleum

AIETALS:Pig ironSteel ingotsCopperZinc

BUILDING MATERIALS: :CementOak flooring |

TOBACCO: ICigars jCigarettes |Manufactured tobacco I

116108175308

166123

13210974

2 242198

65888764

7476

71926

121171

132155 ;90 I

167 ;2 109 :

229

119349114

34381650

5364

73293

73

92132113271

591242

187

11512479

115

»109110

106272

54

Oct.,1921,

Nov.,1921.

12612599

181 148

168103

1209915164172

48761750

137244

163109

909017167182

5578

73

116254

101377101

32683

1 As represented by tax-paid withdrawals. * 1920 monthly average.

Out of 20 commodities whose production can becompared with the prewar average, the latest figuresshow that the tobacco, building materials, clothing, andfoodstuffs groups were all producing more than the1913 average, except in a few cases, which are onlyslightly below. The metals were all considerably belowthe prewar basis in spite of good increases duringNovember, while the fuels are divided, with petro-

leum and by-product coke far above the prewaraverage, the coals slightly below and beehive cokefar below. Production of cigarettes and oak floor-ing was more than twice the prewar average, whileoleomargarine, wool, by-product coke, and petroleumshowed gains of over 50 per cent above the 1913 level.Copper and beehive coke were produced at less thanhalf their prewar rate; in fact, at less than 20 per cent.

Calculating the index numbers on a new basis,relative to 1919, the November figures show that 14commodities out of 34 were above the 1919 production.

DIAGRAM 1.—COMPARISON OF PRESENT PRODUCTION WITHPREWAR.

(Relative production of 1913= 100.)INDEX NUMBERS

0 100 200 300 400

WHEAT FLOUR

BEEF PRODUCTS

PORK PRODUCTS

OLEOMARGARINE

WOOL(CONSUMPTION)

COTTON(CONSUMPTION)

BITUMINOUSCOAL

ANTHRACITECOAL

BEEHIVE COKE

BY-PRODUCTCOKE

CRUDEPETROLEUM

STEEL INGOTS ) MAXIMUM I92O

i MINIMUM 1921

; OCTOBER 1921

NOVEMBER 1921

OAK FLOORING

CIGARETTES

MANUFACTUREDTOBACCO

(5)

COURSE OF PRODUCTION SINCE 1919.

RELATIVE PRODUCTION (1919= 100).1

Maxi-mumsince

end of1919.

Mini-

1919.

FOODSTUFFS:Wheat flourBeef productsPork productsSugar (meltings).Oleomargarine2..Cottonseed, oilCondensed milk..

CLOTHING:Cotton (consumption).Wool (consumption)...Sole leather

134109151147126349121

HI

67 |675840;26 i720 !

;K7

FUELS:Anthracite coal...Bituminous coal..Beehive cokeBy-product coke..Crude petroleum..GasolineElectric power....

METALS:Pig ironSteel ingotsCopperZinc

CONSTRUCTION:Yellow pineDouglas firCalifornia redwoodWestern pineOak flooringSilica brickFace brickCementBuildings (contracted for).Vessels completed

TOBACCO:CigarsCigarettesManufactured tobacco

PAPER:NewsprintAll other paperMechanical wood pulpChemical wood pulp

GLASS:Bottles.

12695

113137127122134141119

132140113126

11111814411916813012115711379

128116119

114132143138

124

42 i63 !

7411 ;61 i

104 ;98 !98

34342138 !|

48

1920

919293

104103100

1098882

Nov.,1920.

Oct., I Nov..1921. I 1921.

104

1019469

110349

20

64 I49 I70 j

13495 '..83So i74 I

285 i3 108

107

-C260265

101121110122117123113

119121104105

941021221191061061001257267

1128494

101135103

123137114

1151129987

8091144

7311675

4161

1138057

110121109117

1079S115116

95118 j

49689938 !*

108liO106

1106894

10211591

1031152C}83113134108

93943084120

112

10610011778161351041578714

1119813974168331011338218

1059686

9110890

101

1 The 1913 relatives have here been calculated on a 1919 base, as many more com-modities can be compared on this basis.2 As represented by tax-paid withdrawals.

> Latest month available, June.

DIAGRAM 2 . — C O U R S E OF PRODUCTION SINCE

(Relative production of 1919= 100.)

1199.

INDEX NUMBERS

100 200

WHEAT FLOUR

BEEF PRODUCTS

PORK PRODUCTS

SUGAR. ( M E L T I N G S )

OLEOMARGARINE

COTTONSEED OIL

CONDENSED M I L K

COTTON. (CONSUMPTION)

WOOL. (CONSUMPTION)

SOLE LEATHER

ANTHRACITE COAL

BITUMINOUS COAL

BEEHIVE COKE

BY-PRODUCT COKE

CRUDE PETROLEUM

GASOLINE

ELECTRIC POWER

PIG IRON

STEEL INGOTS

COPPER

ZINC

YELLOW PINE

DOUGLAS.

CALIFORNIA

WESTERN PINE

OAK FLOORING

SILICA BRICK

FACE BRICK

CEMENT

BUILDINGS. (CONTRACTED)

VESSELS COMPLETED

CIGAR

CIGARETTESMANUFACTURED TOBACCO

NEWSPRINT

ALL OTHER PAPER

MECHANICAL WOOD-PULP

CHEMICAL WOOD-PULP

GLASS BOTTLES

MAXIMUM SINCE END OF 1919LATEST MONTH 1921 OCT. OR NOV.MINIMUM SINCE END OF 1919

it MAXIMUM SAME AS NOV. PRODUCTION

STOCKS.

Stocks of commodities at the end of Novemberwere, in general, slightly larger than in 1919. Thelargest relative stocks were those of corn and coal,both above five times as large, due somewhat toseasonal variation. Increases of from 50 to 100 percent occurred in wheat and cottonseed oil, bothlargely seasonal increases, and in zinc, cement, facebrick, and petroleum. Outside of the seasonal de-crease in meats, all the declines from 1919 were verysmall.

During November seasonal declines took place inthe cold-storage commodities, except meats, and incorn, but other food stocks rose. Other commoditiesmoved irregularly. Compared with November, 1920,the stocks of 12 commodities (beef, mutton, wheat,corn, eggs, coffee, cotton, petroleum, zinc, silica brick,face brick, and paper) were higher, while declinesoccurred in 9 commodities (pork, sugar, cottonseedoil, butter, cheese, apples, tin, yellow pine, and oakflooring).

Large variations occur in the few comparisonswhich can be made with the 1913 average. Wheat,corn, cotton, and oak flooring stocks were more thandouble the prewar average; zinc and petroleum stockswere 65 and 82 per cent above, respectively; and de-clines of 20 to 30 per cent occurred in coffee, tin, andcement.

DIAGRAM 3 . — ( O I R S E OF COMMODITY STOCKS SINCE 1919.

(Relative stocks of 1919= 100.)

STOCKS OP COMMODITIES COMPARED WITH 1919 AND 1913.

INDEX NUMBERS

400 600

BEEP PRODUCTS

PORK PRODUCTS

LAMB AND MUTTON

SUGAR. RAW

COTTONSEED OIL

WHEAT (VISIBLE)

CORN (VISIBLE}

BUTTER

CHEESE

EGGS

COFFEE

APPLES

COTTON (TOTAL)

WOOL (COMMERCIAL)

ANTHRACITE COAL

BITUMINOUS COAL

CRUDE PETROLEUM

GASOLINE

ZINC

TIN

YELLOW PINE

OAK FLOORING

SILICA BRICK

FACE BRICK

CEMENT

NEWSPRINT

ALL OTHER PAPER

MECHANICAL WOOD PULP

CHEMICAL WOOD PULP

TOBACCO (TOTAL)

ZMAXIMUM'SINCE 1919

3 LATEST MONTH I92» OCT. OR NOV.

(EZZZB MINIMUM SINCE 1919

* MAXIMUM 8AME M LATEST MONTH

~kif MINIMUM SAME AS NOVEMBER

Maxi-mumsince1919.

Mini- !mum |since1919.

FOODSTUFFS:Beef productsPork productsLamb and mutton.. .Sugar (raw)Cottonseed oilWheat (visible)Corn (visible)ButterCheese

CoffeeApples

CLOTHING:Cotton (total)Wool (commercial)

FUELS:Anthracite coal (pro-

ducers-Govt. survey)3

Bituminous coal (Govt.survey)3

Crude petroleumGasoline

METALS:ZincTin

CONSTRUCTION MATERIALS:Yellow pineOak flooringSilica brickFace brickCement4

PAPER:NewsprintAll other paperMechanical wood pulp.Chemical wood pulp . . .

TOBACCO (total) -

1241299282763211S1

1,024174156186146391

27 ;3831442328108113515712

136 I106 !

6186

1920 iaver- \age. j

7097

18311012789

17489998297

227

95

(1919=100).

ov.,)20.

3757582902771231751531269468240

122283

Oct.,1921.

2745827517216264813611615370207

126«104

Nov.,1921.

3343.8986187181528117111107112136

136

Percentincrease

or de-crease

Nov.,1921,from1913aver-age.

C1)0)C1)0)0)+ 160+ 117(1)(1)

0)- 31C1)+ 1230)

US

74157169

247528

143277115173240

175122143138

132

55

3110161

72130

1025981107102

716555

92

10498

108! 332

127161103140170

! 97i 74i 78

63

102

10675

172292

14225584154

85807072

«92

518

7415797

189201

116192108157102

961037779

2 112

160

179130

11614599159173

971057580

C1)

0)

0)+—0)

j +' (!)

(1)

! C1)I (x)

! (P

j 5 +

82

6529

132

19

25

1 No 1913 comparison available.2 Oct. 1.3 Relative to January, 1919.< Relative to stocks at end of 1919 or (in last column) at end of 1913.

PRICES.

The retail price of food declined slightly in Novem-ber and was 52 per cent above the 1913 average.The National Industrial Conference Board's compila-tion of the cost of living showed no change in Novem-ber, a decline in clothing marking the only difference inany group. Farm prices of live stock declined over 6per cent in November. The official index numbers ofwholesale prices each declined 1 point, while Dun'sindex number rose 1 point and Bradstreet's remainedthe same. Except for the continued rise in Germany,European prices manifested little change during themonth.

In the list of individual wholesale prices, as shownby the table and diagram on pages 8 and 9, prices offarm products to the producer declined in Novemberin 5 cases, while 3 remained unchanged, and lambs in-creased. Out of the 13 farm products, the marketprice of 4 (wool, corn, oats, and sheep) increased, 2 re-mained unchanged, and 7 declined. Food pricesagain declined. Of 12 items of clothing, 3 (cottonsheeting, raw silk, and packers' hides) increased, 4 re-mained unchanged, and 5 declined. In the fuelsgroup, petroleum again made a tremendous advance,with the November price double the September av-erage, while coke declined and the coals remained thesame. Little change occurred in iron, steel, and lead,

with foundry iron slightly lower, but other metalscontinued to advance in price. Among the buildingmaterials, a considerable increase occurred in lumber, adecline in steel beams, and little change in brick andcement. Kubber continued its advance. The mainchanges during November from the October relation

price of lamb to the 1913 average, the market price ofwool to above that average, while the prices of silkand petroleum rose to about double the 1913 average.Of the 57 prices listed, 14 are below the 1913 average,3 of which are metals, and the others, except rubberand hides, are farm products. Anthracite coal is stillat the maximum price.to the 1913 average were the increase of the producers'

DIAGRAM 4.—COMPARISON OF WHOLESALE PRICES AT PRESENT WITH 1920 AND PREWAR.

(Relative prices of 1913=100.)

INDEX NUMBERS 4

300 400 600:

WHEAT

CORN

POTATOES

COTTON

COTTON SEED

WOOL

CATTLE. BEEF

HOGS

LAMBS

WHEAT. SPRING

WHEAT. WINTER

CORN. NO 2

OATS

BARLEY

RYE, NO 2

TOBACCO.BURLEY

COTTON, MIDDLING

WOOL. OHIO. UNWASHED

CATTLE. STEER?

HOGS, HEAVY

SHEEP. EWES

SHEEP. LAMBS

FLOUR. SPRING

FLOUR. WINTER

SUGAR. RAW

SUGAR. GRANULATED

COTTONSEED OIL

COTTON YARN

COTTON PRINT CLOTH

COTTON SHEETING

WORSTED YARN

WOMEN'S DRESS GOODS

SUITINGS

SILK. RAW

HIDES, PACKERS'

HIDES. CALFSKINS

LEATHER. SOLE

LEATHER. CHROME

BOOTS AND SHOES

COAL. BITUMINOUS

COAL. ANTHRACITE

COKE

PETROLEUM

PIG IRON. FOUNDRY

PIG IRON. BESSEMER

STEEL BILLETS

COPPER

LEAD

TIN

ZINC

LUMBER. PINE. SOUTHERN

LUMBER. DOUGLAS FIR

BRICK. COMMON. NEW YORK

BRICK. COMMON. CHICAGO

CEMENT

STEEL BEAMS

RUBBER, CRUDE

WHOLESALE PRICE COMPARISONS.MAXIMUM PRICE COMPARED TO PRICE IN RECENT MONTHS.

NOTE.—Prices to the producer on farm products are from U. S. Department of Agriculture, Bureau of Markets and Crop Estimates. All other prices are from U. S.Department of Labor, Bureau of Labor Statistics. As far as passible all quotations represent prices to the producer or at the mill. See diagram on opposite page.

COMMODITIES.

Date and maximumrelative price.

Sep-tember,1921,

relativeprice.

Octo-ber,

1921,relativeprice.

Novem-ber,

1921,relativeprice.

Per cent in-crease (+) ordecrease (—)in Novem-ber overOctober.

(1913 average = 100.)

Farm products—Average priee to producer:WheatCorn

PotatoesCottonCotton seed.WoolCattle, beefHogsLambs

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, Ohio, | and | grades, unwashed (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)

Clothing:Cotton yarns, carded, white, northern, mule spun, 22-1 cones (Boston)Cotton, print cloth, 27 inches, 64 x 60-7.GO 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 (Philadelphia)Women's dress goods, storm serge, all-whole, double warp, 50 inches (N. Y.)...Suitings, wool, dyed blue, 55-50 inches, 16-ounce, Middlesex (Boston)Silk, raw Japanese, Kansai No. 1 (New York)Hides, green salted, packer's, heavy native steers (Chicago)Hides, calfskins, No. 1, country, 8 to 15 pounds (Chicago)Leather, sole, hemlock, middle, No. 1 (Boston)Leather, chrome calf, dull or bright, "B " grades (Boston)Boots and shoes, men's black calf, blucher-Campella (Massachusetts)

Fuels:Coal, bituminous, Pittsburgh, mine run—Kanawha (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, bessemer (Pittsburgh)Steel billets, bessemer (Pittsburgh)Copper ingots, electrolytic, early delivery (New York) ,Lead, pig, desilverized, for early delivery (New York)Tin, pig, for early delivery (New York)Zinc, pig (spelter), western, early delivery (New York)

Building materials:Lumber, pine, southern, yellow flooring 1 x 4, " B " and better (Hattiesburg).Lumber, Douglas fir, No. 1, common, s 1 s, 1 x 8 x 10 (State of Washington)...Brick, common red, domestic building (New York)Brick, common building, salmon, run of kiln (Chicago)Cement, Portland, net without bags to trade, f. o. b. plant (Burlington, Ind.).Steel beams,mill (Pittsburgh)

Rubber, crude:

Rubber, Para island, fine (New York)

June, 1920

July, 1920

June, 1920

July, 1920

May, 1920

July, 1918

May, 1919

July, 1919

Apr., 1920

May, 1920

May, 1920

Sept., 1917

June, 1920

Mar., 1918

Mar., 1918

Mar., 1919

Apr., 1920

Jan., 1918

Mar., 1919

July, 1919

Apr., 1918

Feb., 1920

May, 1920

May, 1917

May, 1920

| May, 1920

July, 1919

May, 1920

Apr., 1920

May, 1920Jan., 1920

Oct., 1918

July, 1920Jan., 1920

Aug. 1919

Aug., 1919Mar., 1917Nov., 1919Mar., 1920

Sept., 1920

Oct., 1921

Aug., 1920Mar., 1920

July, 1917

July, 1917

July, 1917

Mar., 1917

June, 1917

May, 1918

June, 1915

Feb., 1920

Jan., 1920

Feb., 1920

Oct., 1920

Sept., 1920

June, 1917

Jan., 1913

300

706

312

321

344

183

256

239

354

302

331

296

325

451

352

331

304

218

266

319

263

328363598526374

348478427289292291466283490211473308

323201637375

346

335

388

230

261

224

455

407

381

251

195

331

133

83

230

165

125

93

84

100

103

149

129

86

102

97

167

208

160

95

67

113

174

123

131

136

1601681521481571831647685121195225

186201131

107

143

128

113

76

105

60

81

155

114

232

171159122

22

119

67

207

147

142

95

S2

97

98

142

121

75

92

89

139

208

154

99

104

95

62

109

162164119121122

170

186

168

148

147

183

166

80

82

121

195

217

186201134166

143

128

113

81

107

61

185

114

229

174

148

116

26

119

67

207

135

134

93

79

89

100

134

119

77

94

89

126

208

142

107

101

82

59

112

156

153

117

121

114

1601741721481451831978677121186217

186201122228

14212811383

10764

206125229175148109

27

0.00.00.0

- 8.2- 5.6- 2.1- 3.7- 8.2+ 2.1

- 5.6- 1.7+ 2.7+ 2.2

0.0- 9.4

0.0- 7.8+ 8.1- 2.9-13.7- 4.8+ 2.8

- 3.7- 6 . 7- 1.7

0.0- 6.6

- 5.9- 6.5+ 2.4

0.0- 1.4

0.0+18.7+ 7.5- 6.1

0.0- 4.6

0.0

0.00.0

- 9.0+37.3

- 0.70.00.0

+ 2.50.0

+ 4.9+ 1.1

+ 11.4+ 9.6

0.0+ 0.6

0.0- 6.0

+ 3.8

81708°—22-

10

TEXTILES.

The cotton crop turned out to be considerablylarger than earlier estimates, but 36 per cent less thanthan the prewar average. Recent ginning reportsindicate that a very small proportion of the crop stillremains to be ginned, as is graphically shown in theaccompanying diagram. The world visible supplyof cotton at the end of November was almost the sameas a month previous, but stocks at American mills andwarehouses continued to increase and were consider-ably larger, especially at the mills, than a year ago.Imports of raw cotton during November were theheaviest since March, 1920, but exports slumped over25 per cent from the high mark made in October.

Increased activity in cotton textiles during Novem-ber was indicated by a slight increase in the numberof active spindles and by an increase of about 6 percent in the consumption of cotton, to the highestmonthly figure since June, 1920. On the other hand,exports of cotton cloth declined somewhat and lessbusiness was noted in November in finishing plants.Price declines of 5 to 9 per cent occurred duringNovember in raw cotton and its products, except insheetings, where a slight increase was shown.

DIAGRAM 5.—EXPORTS AND CONSUMPTION OF COTTON.

1.000

900

700

TH

OU

SA

ND

S O

F B

AL

E8

200

100

\

/

/

of?

\\X

IPTIOI

1

11

1913 1914 1915 1916 1917 1918 1919.

r

FES

.

1

-

\x

w

\\

,!* i

I-

1

s

\

\

920

/

fJi\|

/

ii

V

ii

ii

OE

O.

I

\

/

JAN

.

\\

!i

s•//

i\

/

\

\\\921

sf

T

I1

AU

G.

OC

T.

NO

V.

DIAGRAM 6.—COTTON GINNED TO SPECIFIED DATES.

Woolen mills were generally less active in Novemberthan in October, this decline in most cases amountingto about 5 per cent. Carpet and rug and narrowlooms were more active than in October. Imports ofwool increased slightly, but were less than in Novem-ber, 1920. A considerable increase occurred duringNovember in the market price of wool, though theproducer received slightly less for his wool on De-cember 1 than a month before. Dress goods declinedsomewhat in price, but worsted yarns and men's suit-ings remained the same.

m

mJSi"

ITOTAL

GINNED

Imports of raw silk increased slightly duringNovember and consumption declined, while stockswere larger. The price of silk showed an increase ofover 18 per cent during the month.

Late reports received by the Department of Com-merce indicate that the textile business during Decem-ber has slackened since November. This is only partlydue to "between season'' dullness. General worldeconomic conditions and the lack of purchasing poweramong the farmers of the Middle West are stated tobe the chief causes. The tone of the textile marketshas been more depressed.

METALS.

Iron ore movement by water from Lake Superiorwas very small during November, due to the ap-proaching close of navigation. The production ofpig iron and of steel ingots continued to advanceduring November, though at a diminished rate. Un-filled orders of the United States Steel Corporationagain decreased slightly. Imports and exports ofiron and steel showed little change. A few slightdeclines occurred in iron and steel prices, such asfoundry iron and steel beams.

Shipments of bar iron increased somewhat in No-vember, and sales of structural steel Vere slightlybetter than in October and twice as large as a yearago, again making a record for the past 18 months.New orders for bolts, nuts, and rivets declined sharplyin November, but unfilled orders showed little change.Shipments of bolts declined, but nuts and rivetsshowed slightly larger shipments.

11

Production of copper remained at a low point, butexports for November showed a good increase andattained the highest mark since May, 1920. Theprice of copper increased slightly.

Zinc production took a considerable leap in No-vember, increasing 45 per cent and showing thelargest production since the beginning of the year.Stocks were reduced slightly and the movement atSt. Louis was somewhat larger than in October. Afractional price increase was noted in November.

Imports of tin increased in November to the larg-est figure noted this year, but are still considerablybelow November, 1920. On the other hand, stockswere reduced 35 per cent during the month and werethe smallest recorded in two years. These condi-tions affected the price of tin, which advanced al-most 5 per cent during the month.

The movement of lead at St. Louis declined con-siderably during November. Prices remained un-changed.

Late reports received by the Department of Com-merce indicate a slight slowing down in iron andsteel production in December, with steel productionat about 45 per cent of capacity and blast-furnaceoperations in the Pittsburgh district at about 50per cent. Business has been active in rails, pipe,tin plate, and fabricated steel, with wire dull andoperations in the wire mills at about 50 per cent ofcapacity. Iron and steel prices are holding steadyexcept for a reduction in steel pipe.

DIAGRAM 7.—PRODUCTION OF PICS IKON AND STEEL IN COTS AND

U. S. STEEL CORPORATION'S UNFILLED ORDERS.

10

{£oco 6

o

2

3

2

1

\

\

\

\

rr 1

or /

o /

/

//

s

i$y

reev

\

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-PIG IRON"

\\

\

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rs "• '

1I

1913 1914 1915 1916 I9J7 1918 1919 2

/ \

sis

>

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til1920

i

s

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\

s

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g

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/

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Q.

SE

PT

.O

CT

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OV

.

FUELS.

Declines occurred in the production of both bitu-minous and anthracite coal in November, largely areaction from the October threat of a railroad tie-up.Small increases occurred in the production of coke inNovember, but this industry still operated on agreatly reduced scale. Shipments of anthracite de-clined. Exports of anthracite and coke increased

slightly, but bituminous exports declined to less thana third of the previous November exports. Stocks ofanthracite and bituminous reported on November 1,were quite large. Electric power production con-tinued to increase in November.

DIAGRAM 8.—PRODUCTION OF BITUMINOUS AND ANTHRACITE COAL.

S5

60

45

40

1 26

15

10

5

0

y

/AV

/

RACIT

1 ^1

t

IIK 1\ I\ \ 1A

r /

/

\/

II\

\sI \

11

l\\

1913 1914 1915 1916 1917 1918 19!9

Slight increases occurred in November in the pro-duction, stocks, consumption, and imports of petro-leum, with imports showing the greatest relativeincrease. Shipments from Mexico declined. Theprice of crude petroleum again made a phenomenaladvance of 37 per cent during the month. Exportsof gasoline declined somewhat. October productionand consumption of gasoline increased, while stocksdeclined.

DIAGRAM 9.—PRODUCTION, CONSUMPTION, IMPORTS, AND STOCKS

OF PETROLEUM.

3

< 100

_ _

/

*****

y

\

IMPORTS

\

\

—^—~"PF "o

...

31

•».

y

or

-

n

-*

^

>

\

/

/

/

k

1913 1914 1915 1916 1917 1918 1919.

1920

12

PAPER.

A slight increase occurred in the production ofnews-print paper in November, but the total of otherclasses declined and stocks increased slightly. Ex-ports of both classes increased materially after twomonths of heavy declines. Imports and productionof wood pulp increased, while stocks remained station-ary. The price of domestic paper advanced, espe-cially the spot price, but the Canadian price waslowered. Printing activity increased 5 per cent inOctober.

AUTOMOBILES.

The production of both passenger cars and trucksslumped over 21 per cent in November, both being atthe low mark recorded since these statistics begun tobe collected in July. Revised figures have now bo-come available for past months, which are given in thefollowing table:

July, 1921August, 1921....September, 1921October. .921...November, 1921

PRODUCTION

Passengercars.

165,n75167,705144,669134,734106,042

OF—

Truck

10,13,1 3;1210

76107664">810009

Shipments of automobiles also declined in aboutthe same ratio. During the last four months ship-ments have manifested a steady tendency to decline,partly due to seasonal causes. Reports of motoraccessory dealers indicated a decline of almost 5 percent in purchases and of about 6 per cent in outstand-ing notes in October, while accounts past due increased3J per cent.

Latest reports to the Department of Commercemanifest a seasonal slackening in the automobiletrade awaiting the January automobile shows, but abetter tone than a year ago. Sales of parts to jobbershave increased.

GLASS.

The production of glass bottles again increased inNovember, but, in spite of large increases duringOctober and November, was less than the 1919 averageby 14 per cent and also considerably smaller than ayear ago. Orders, production, and shipments of illu-minating glassware showed a further good increase inNovember and were 37, 62, and 59 per cent higher,respectively, than six months before.

BUILDING AND CONSTRUCTION.

Index numbers of building costs showed littlechange in November and are still over 50 per centgreater than the prewar level. Total volume of build-ing contracts awarded in November declined about 7per cent, due largely to the decline in business build-ings. Industrial and residential building contractscontinued to increase, but the groups of public and

semipublic buildings, except educational, continuedthe marked decline noted in October. Compared withNovember, 1920, the total building contracts weretwice as large, with increases in every group exceptindustrial buildings, while in the residential and educa-tional groups, the contracts awarded were more thanthree times as great. The November increase broughtthe cumulative total for 11 months to within 9 percent of the 1920 total.

DIAGRAM 10 .—VOLUME OF BUILDING CONTRACTS AWARDED, BY

CLASSES.

MILLIONS OF SQUARE FEET20 30 40

JANUARY

FEBRUARY

MARCH

APRIL

MAY

JUNE

JULY

AUGUST

SEPTEMBER

OCTOBER

NOVEMBER

! INDUSTRIALI I i

1 RESIDENTIALI PUBLIC AND ISEMI-PUBLIC

DIAGRAM 11.—RELATIVE PRODUCTION OF CEMENT AND L I M B E R

AND SALES OF STRUCTURAL STEEL.(Relative to 1919= 100.)

160

140

120

CO

ND

EX

NU

MB

EF

60

40

20

0

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k\1

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. •

13

Lumber production varied considerably duringNovember. Southern pine, California redwood, andoak flooring showed increased production, while forDouglas fir and western pine declines were noted.Shipments and orders followed the trend of productionin each class, except for oak flooring, where bothdeclined in the face of slightly greater production.Exports of lumber in November were slightly less thanin October, while prices were about 10 per cent higher.

Production of fire-clay brick showed a slightimprovement, but silica and face brick productionreceded during November. Shipments of silica brickincreased and stocks declined, but the other classesshowed decreased shipments and larger stocks. Pricesmaintained approximately the same level.

Cement production and shipments came down fromthe high October records, in a seasonal movement.Stocks increased and prices remained stationary.

HIDES AND LEATHER.

Imports of hides declined slightly in November, butexceeded those in November, 1920, though the cumu-lative was still far below 1920. Stocks of hides werein general larger than a year ago. The price of pack-ers' green salted hides increased, but calfskins de-clined.

November production of leather thus far reported |shows slight increases. October census reports showed jincreased leather production, and slightly increasedstocks. November exports of leather showed a goodincrease, but the cumulative total remained far be-hind 1920. A slight weakening occurred in leatherprices.

Exports of boots and shoes declined still further, butno price changes occurred.

BOOT AND SHOE PRODUCTION.

The Bureau of the Census, United States Depart- Iment of Commerce, has undertaken to compile |monthly figures on the production of boots and shoesin the United States. The first month covered isNovember, 1921. Reports were received from 1.022establishments, of which 81 were not in operationduring this month.

BOOT AND SHOE PRODUCTION.

Month of November, 1921.

Men's (high and low cut)Boys' and youths' (high and low cut)Women's (high and low cut)Misses' and children's (high and low cut)Infants' (high and low cut)Athletic and sporting (leather)All canvas and other textile fabricsAll other kinds1

N u m b e r ofpairs .

780,253X69, 934S75,146Ion, 263761,281607, IS!210,001338, 551

Grand total.. 23, 592.!610

1 Includes slippers for house and evening wear at home, barefoot sandals andplay shoes, moccasins and all others not specified.

The total production of all kinds of boots and shoesfor November, 1921, as shown in the table above,

was 23,592,610 pairs. Some idea of the completenessof this figure may be obtained by comparison withthe Census of Manufactures for 1919. In that year1,450 establishments reported a total annual produc-tion of 274,236,800 pairs, equivalent to an averagemonthly production of 22,853,067 pairs. The Novem-ber figure exceeds the average monthly production in1919 by more than 700,000 pairs.

CHEMICALS.

A considerable increase in exports of fertilizerfeatured the November foreign trade in chemicals.Imports and exports of all classes of chemicals, how-ever, for the 11 months of the year were considerablyless than in 1920. Prices of crude drugs advancedslightly, but essential oils and drugs and pharmaceu-ticals declined.

CEREALS.

Wheat receipts, shipments, and exports declined inNovember in response to a seasonal movement andthe production of wheat flour also declined. Thevisible supply continued to increase and was almost 50per cent larger than a year ago. Declines occurredin the prices of wheat and flour.

Corn movement in the terminal markets also de-clined during November and the visible supply startedto decline from the peak reached at the end of October.The whole corn movement, however, was considerablylarger than in November, 1920. Prices increasedslightly during November.

Exports of oats and rye showed drops of about 60per cent each in November, but barley exports in-creased. Prices of oats and barley increased slightlyand a considerable decline occurred in the price ofrye.

Car loadings of all grains declined 25 per cent inNovember and total exports of grains were over 30per cent less than in October.

CROP PRODUCTION.

The Crop Reporting Board of the Bureau of Mar-kets and Crop Estimates, U. S. Department of Agri-culture, made public its final revised estimates ofacreage, production, and value of important farmcrops on December 28, 1921. The figures for thethree years 1919, 1920, and 1921 underwent importantrevisions as a result of the Census reports for the year1919. The Crop Reporting Board bases its estimateeach year on reports of percentage changes receivedfrom its correspondents and agents. The numericalbasis for the acreage and production figures are thoseobtained from the decennial census reports. Theboard applies the percentage changes as reported fromeach district and State, and under ordinary conditionsreaches an excellent approximation to the true values.After each decennial census it is necessary to makecertain revision and to establish a base for the suc-ceeding ten years.

14

The revised figures on the production for certainimportant crops for the past three years are shownin the accompanying table.

]>IA<;RAM 12.—INSPECTED SLAUGHTER, CONSUMPTION*, AND COLD-

STORAGE HOLDINGS OF B E E F PRODUCTS.

CROP PRODUCTION.

Revised December 28, 1921.

Winter wheatSpring wheatAll wheatComOatsBarleyRye.*RicePotatoesSweet potatoesHay, tameHav, wildAll hayTobaccoCottonCottonseedSugar beetsBeet sugarCane sugar (La.)PeanutsBeans (7 states)Apples, totalApples, commercialOranges (2 states)Soy beansCowpeas

Unit . 19-21

Thous. of bush..Thous. of bush..Thous. of bush..Thous. of bush..Thous. of bush..Thous. of bush..Thous. of bush..Thous. of bush..Thous. of bush..Thous. of bush..Thous. oftons...Thous. of tons.. .Thous. of tons...Thous. of lbsThous. of bales..Thous. oftons...Thous. of Ions...Thous. of lbs . . . .Thous. of lbsThous. of lbsThous. of bush..Thous. otbush..Thous. of bush..Thous. of boxes.]Thous. of bush..Thous. of bush..

587.032207,861794,893 !

3,081,2511,060,737 !

151,181 '57,918 !

39,653 i346,823 !98,660 !81,56715,23596,802

1,117,6828,3403,704 :7,678 !

2,024,764534,000 j816,465 '

9,11896,88120,09830, 700 i2,815 !9,581 ;

19-20

610.597222.430833.027

3,230.5321.496,281

189,33260, 49051.692

403,296103,92587.85517,460

105,3151,582.225

13.4405,9708,546

2,180, 242338, 254841,474

9.077223.677

33. 90529.7002, 2788,904

1919

760.677207,602968.279

2.816,3181,184,030

147.60875, 54241.985

322,86797,12686,35918,401

104, 7601,465,481

11,4215,074

783.27313,349

142,08626,15922,528

2,0-156,026

Total acreage, all crops. Thous. of acres.. 348.336 349,007 353,73!'

Total value, all crops... Thous. of dolls.. .">,67o,S77 9,07o.3S8 j 13.t>S9,f>97

On December 29 the Department of Agricultureestimated the area sown to winter wheat in the fall of1921 as 44,293,000 acres, a decline of 1.2 per cent ascompared with the revised estimate of 44,847,000acres sown a year ago. The condition of the crop onDecember 1 was placed at 76 as against 87.9 a yearago and a ten-year average of 89. The rye area wasplaced at 5,184,000 acres, an increase of 22.6 per centover the 4,228,000 acres sown a year ago, while thecondition of the rye crop on December 1 was placedat 92.2 as against 90.5 a year ago and a ten-vearaverage of 90.9.

MEATS AND LIVE STOCK.

Receipts, shipments, and slaughter of cattle de-clined perceptibly from both October, 1921, andNovember, 1920. The 1921 totals were below theprevious year in every case. Exports of beef prod-ucts followed the same trend. Inspected slaughterproduction and consumption of beef for October werebut slightly less than a year ago. Cold-storageholdings continued their seasonal increase, but. were20 per cent below November, 1920. Cattle pricesdeclined.

Hog movement and slaughter generally increased inNovember, but were below the level of November,1920, and the total movement for 11 months was alsoslightly less than in 1920. Exports of pork productsdeclined slightly. Inspected slaughter productionand consumption for October exceeded October, 1920,and the cumulative total also exceeded last year's.Cold-storage holdings increased slightly and werealmost 50 per cent greater than in 1920. Prices ofhogs declined 14 per cent from October.

600

450

400

8 8

MIL

LIO

NS O

F

150

100

50

A

y/ '>

/f

//1

1

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7,

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w

1913 1914 1915 1916 1917 1918 1919^38

1920

>" 2 j dfc Hl 5 3 3 8 81921

DIAGRAM 13.—INSPECTED SLAUGHTER, CONSUMPTION. EXPORTS

AND COLD-STORAGE HOLDINGS OF PORK PRODUCTS.

1.100

1,000

9 0 0

PO

UN

DS

U.O 600to

MIL

LIO

N

300

200

100

\

i

yk o ^

N

—Y11

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f - - I l

1Af

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1913 1914 1915 1916 1917 1918 1919.

/

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OC

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NO

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/

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1

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R.

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-

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OV

.

Sheep receipts, shipments, and slaughter declinedfrom both October, 1921, and November, 1920, and,though storage holdings increased, they were muchless than the huge stocks held a year ago. Priceswere irregular, ewes declining and lambs advancing.

The figures just published by the Bureau of theCensus regarding the total slaughter in the UnitedStates in 1919 are interesting as affording the firstcomparison since 1909 of the proportion whichFederally inspected slaughter bears to the total inthe country. The appended table shows an enormousincrease in the proportion of cattle and calves slaugh-tered under Federal inspection, and good-sized in-creases in hogs and sheep.

15

TOTAL ANIMALS SLAUGHTERED IN THE UNITED STATES, 1909AND 1919.

On farms

In slaughter houses

Total

Under Federal inspectionPer cent inspected

CATTLE ANDCALVES.

1919 1909 1919 1909 1919 1909

Number expressed in thousands.

1,90515,213

17,118

14,05982.1

2,54017,587

20,127

9,90349.2

16,80044,519

61,319

41,81268.2

15,37937,841

53,220

31,39559.0

43513,523

13,958

12,69190.9

53014,195

14,725

11,35077.8

OTHER FOODSTUFFS.

Exports of condensed milk underwent a markeddecline in November, but were larger than in Novem-ber, 1920. Receipts and storage holdings of butter,cheese, and eggs all declined and, except in the caseof eggs, were also lower than in November, 1920.The price of butter advanced, but cheese declined.

There was little change in exports of vegetable oilsin November, but. imports almost doubled. Novem-ber consumption of oleomargarine was about half aslarge as a year ago. Stocks of cottonseed and cotton-seed oil increased, but production and prices of oildeclined slightly.

DIAGRAM 14 .—IMPORTS, MELTINGS, AND STOCKS OF R A W SUGAR.

600

400

360

COzo

Q

DOI

1920 1921

In spite of greatly increased imports of raw sugar,meltings in November underwent a slight decline.Stocks increased and almost equalled those held ayear ago. Prices declined very slightly.

A good increase in coffee imports brought the totalfor 11 months almost up to the 1920 cumulative.Stocks in the United States and in the world increased,but-our own stocks remained less than in November,1920. Receipts of coffee in Brazil declined slightly,but clearances increased. Imports of tea into theUnited States remained constant.

TOBACCO.

Production of all classes of tobacco products de-creased in November. Exports declined about one-third in November, but remained above last year's.No change occurred in prices.

DIAGRAM 15 .—RELATIVE PRODUCTION OF CIGARS, CIGARETTES,

AND MANUFACTURED TOBACCO.

(Relative production 1913= 100.) •

350

300

250

200

150

100

»0

-

/

/

MAm m

Aft

NUFAC

l\

I X

(

\ /

i

\V

>

1t

/

/V

s,—

k/ 'i

/

1913 1914 1916 1916 1917 1918 1919 • d cr c mmm1921

WATER TRANSPORTATION.

Panama Canal traffic in October was considerablylarger than in September, but American vessels didnot participate in the increase. Traffic through theSault Ste. Marie Canal in November was only half ofthe October traffic on account of the approachingclose of navigation.

Entries into American ports in November wereslightly less than in October, and a considerable declinetook place in clearances. In both cases foreign shipswere responsible for the decline, as American tonnageincreased in each case. Although fewer vessels wereunder construction in November, a greater numberwere completed than in October.

16

DIAGRAM 16.—ENTRANCES AND CLEARANCES OP VESSELS INFOREIGN TRADE, AND SHIPS UNDER CONSTRUCTION.

U. S.

8

7

CO

MIL

LIO

NS

O

F

2

1

n

\

/

II

/I/

\

||R

\

s

Co,

1

/

7"fl it

'21IIMI

\ \s T

*•1913 1914 1915 1916 1917 1918 1919 .

1920

RAIL TRANSPORTATION.

Statistics for November show that the compara-tively small surplus and large shortage of freight carsin October was due largely to the threatened railroadstrike, for the November surplus rose to the highestpoint since July and the shortage almost disappeared.Car loadings declined considerably from the largeOctober movement, but good progress was made inthe reduction of bad-order cars.

October railroad operating revenue showed a goodincrease in spite of a decline in passenger revenue.Expenses also increased, but net operating incomewas the largest since the railroads were turned backto their owners. Early November statements indi-cate that November operation was not so favorable,however.

LABOR.

A very slight increase was reported in Novemberin the number of men employed in industry throughoutthe United States, continuing the succession of in-creases noted since August. Small decreases occurredin both number employed and total pay roll in NewYork and Wisconsin. A decline was also reportedfrom Wisconsin in the average weekly earnings forNovember and postal savings continued to recede.Immigration and emigration were considerably cur-tailed in October, and both were less than half of the1913 average.

A survey of unemployment conditions in New YorkCity by the Committee on Unemployment Statisticsshows a reduction in the number unemployed inthe city from 343,000 on October 15 to 331,000 onDecember 15. The greatest gain in employment wasin the retail trade, largely on account of seasonalconditions.

DIAGRAM 17.—SHORTAGE, SURPLUS, BAD-ORDER, AND TOTAL

LOADINGS OF FREIGHT CARS.

I.OOO

950

900

850

800

750

700

650

w 600CC

^ 550u_Og 500

450

400

350

300

250

200

150

100

50

.

> <

7 ft// V

Mil

I L

/ \\\]

/

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1

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ORTAGE

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/

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1 9 1 7 1 9 1 8 1 9 1 9 . . . . w > . . > : . . | T • rf • s . w > • H . cZ C Q K O : ^ Z 1 J O Q ! H > O | Z a «[ O: J Z J 05; ^ >

- ii ^c ^^ ^c Tz 1^ ^^ ^M. ^s ^F A^ I ^B. it *B ^^ ^E _ s r *+ .—. ** 3

1920 1921

DIAGRAM 18.—IMMIGRATION, EMIGRATION, AND IMMIGRATIONQUOTA.

no

100

90

80

S 8

S

40

30

20

10

0

" 1\ftrz\\\\_r\i tzt\\ \i

\ i

V

X

\

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111 \ii \Jf

1913 1914 1415 1916 |9!7 1918 1919

J

1f

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r1 /

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1920

/ \

1

DEC

\

JAN

.

s

1

i

\

i

\

I

MONTHLYQUOTA

921

AU

G.

\

\-i

OC

T.

17

DISTRIBUTION MOVEMENT.

Slight declines took place in the sales of mail-orderhouses and chain stores in November, and also inmagazine advertising. Newspaper advertising, on theother hand, increased substantially and postal receiptswere slightly greater than in October. Comparedwith a year ago, slight increases occurred in postalreceipts and chain-store sales, but substantial declinestook place in the sales of mail-order houses and bothmagazine and newspaper advertising.

DIAGRAM 19 .—SALES OF MAIL-ORDER HOUSES AND CHAIN STORES,AND POSTAL RECEIPTS.

35

30

cr3 25

D

0 20

Z

o

I

10

5

0

____ —

*>"

-"'

\J

*/

A

1913 J9I4 1915 1916 1917 1918 1919

/

1/

1

JAN

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iI

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c§s <

• >- <

'1920*\\t«

j

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C.

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JAN

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I4

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1 ]

1

1cs i =

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EP

T.

NO

V.

PUBLIC FINANCE.

In spite of a further reduction of outstanding Libertyloan issues, the total interest-bearing debt of theUnited States increased in November. Receipts ofthe Government declined, customs receipts fell off,and disbursements increased. The money in circula-tion continued to decline.

BANKING AND FINANCE.

Bank clearings and debits to individual accountsshowed little change in November for New York City,but declined perceptibly in the rest of the country.Federal Reserve note circulation and discounts con-tinued to decline, and reserves and deposits againincreased. A slight increase occurred in total loans,rediscounts, and investments of Federal Reservemember banks, but demand deposits increased fur-ther. Interest rates on call loans and commercialpaper continued their drop, both classes approachingclose to a 5 per cent rate.

Business failures in November again increased by16 per cent over the previous month, and were thelargest in any month for several years, but the totalliabilities were about the same as in October. Divi-dend and interest payments were almost 30 per centgreater than a year ago. New security issues by bothcorporations and municipalities were very much greater

S17OS0—22 3

j than in November, 1920. New incorporations againi declined, reaching the lowest mark in two years, except

for last July.Prices of stocks and bonds advanced from 2 to 4

i points in November, and the yield on municipal bonds| fell from 5 to 4£ per cent. Sales of both stocks and

bonds also increased perceptibly, chiefly the corpora-tion and foreign Government bonds.

Imports of gold increased and exports declined tothe lowest point in two years, except for April, 1921,making a net import balance of over $50,000,000 forthe month. Gold production in the United States in1921, reported by the Treasury Department, was2,375,479 ounces, valued at $49,105,500, a decrease of$2,081,400 from 1920, and less than half of the 1915record. Imports of silver declined, but still exceededexports by about $1,000,000. The price of silverdeclined 4 per cent during the month. The 1921production of silver was 50,364,389 ounces, a declineof 4,997,184 ounces from 1920 and of about one-thirdfrom the 1915 record.

FOREIGN EXCHANGE.

The general movement of foreign exchange rates inNovember was upward, led by British and Swiss ex-change. At the end of November Swiss francs wereonly 3 per cent below par and in December this ex-change reached par. German marks continued theirsteady decline.

FOREIGN TRADE.

A decided decline in exports and an increase in im-ports brought the net export balance for November toalmost the lowest mark of the year. Imports in-creased from all continents, the largest gain being fromSouth America. Exports to Asia and Africa increased,but declined to the other continents. All the prin-cipal European countries took less from us in Novem-ber than in October.

DIAGRAM 20.—IMPORTS AND EXPORTS OF THE UNITED STATES.

800

700

GOO

cr

2

MIL

LIO

NS

OF

C

8 §

100

0

/

/

/

/

/

/

If

i

\

\

\ /

\

V

1 i

w

.. i *

A/

j

v

\\1

1!

\

\

\

\ J

\\ \

1913 1914 1915 1916 1917 1918 1919 - a 5

1920 1921

18

TRADE AND INDUSTRY OF FOREIGN COUNTRIES.

Export trade of the United Kingdom manifesteda very slight increase in November, while importsadvanced over 5 per cent. The increase in importswas wholly due to the large gain in raw material im- !ports, while exports showed little change in any one !group. Slight increases in quantities exported oc- icurred in cotton goods, coal, and iron and steel, while !woolens declined slightly. Production of both pig iron |and steel ingots in Great Britain increased considerablyin November, but was far behind November, 1920.

Total production for the 11 months was only aboutone-third of the 1920 production for this period inboth cases, this being principally due to the greatminers7 strike last spring.

French trade for October showed no change in im-ports and an increase of 1 per cent in exports. Anincrease in imports of foodstuffs was balanced bydecreases in raw materials and manufactures. Theexport increases occurred in foodstuffs and rawmaterials, while manufactured exports declined.

19

TREND OF BUSINESS MOVEMENTS.The following table contains the complete monthly figures designed to show the trend in important industrial and commercial move-

ments. The numerical data for the latest months are given to connect with the detailed tables in the October (or in some cases November)issue of the SURVEY. In many lines the figures do not lend themselves readily to statistical uniformity, due to lateness of their publicationor publication at other than monthly intervals; therefore the following explanations of the various headings are offered to make clearsuch distinctions and in general to facilitate the use of the table:

November, 1921.—In this column are given the figures covering the month of November, or, as in the case of stocks, etc., the situationon November 30, or December 1. In a few cases (usually where results are reported quarterly only) the figures are for the quarterending November i or the condition on that date. Where this column is left blank, no figures for November were available atthe time of going to press (December 31).

October, 1921.— This column gives the October figures corresponding to those for November shown in the ''November, 1921"' column—in other words, cover the previous month, and in some cases, where indicated by a footnote, refer to the previous quarter; that is,ending July 1, 1921.

Corresponding month 1920, October or November. —The figures in this column present the situation exactly a year previous to those inthe ''November, 1921'' column (that is, generally, November, 1920), but where no figures were available for November 1921,the October, 1920, figures have been inserted in this column for comparison with the October, 1921, figures. In the case of quarterlyfigures, this column shows the corresponding quarter of 1920.

Cumulative total through latest month.—These columns set forth, for those items that can properly be cumulated, the cumulative totalfor the first 11 months of the years 1921 and 1920, respectively, except where November, 1921, figures are lacking. Then thesecolumns contain the cumulative figures for 10 months only.

Base year or period.—For purposes of comparison with a previous normal period, all items, where possible, are related to such a periodby percentage comparisons. The period taken for each item, called the base, is the monthly average of the year or period statedin this column. Wherever possible the year 1913 is taken as a base, and if no prewar figures are available, 1919 is usually takento avoid using a war year as a basis. In some cases it will be noted that figures were not available prior to 1920 or even 1921,and that sometimes a month, or an average of a few months, has to be used rather than a year's average.

Latest month from base.—Percentage changes in this column show the relation between the November, 1921, figures or the quarterended then (or, if that column is blank, by the October, 1921, figures) and the base year or period. By adding 100 per cent tothe figures in this column, the index number for the latest month, carrying on the series o!' index numbers given in the Octobernumber of the SURVEY, can be obtained. For example, for wool consumption, the index number for November is 100+63=163,while for November wool imports the index number is 100 — 13=87.

Latest month from corresponding month, 1920.—This shows the percentage increase or decrease of November, 1921, over November,1920, or (if no figures are given in the November, 1921, column) of October, 1921, over October, 1920. In the case of quarterlyitems, these figures show the increase or decrease of the latest (usually the third) quarter of 1921 over the corresponding quarterof 1920. In short, it is the comparison between the second and third columns of the table.

Cumulative 1921 from same period 1920.—This column shows the percentage change of the cumulative 1921 figures from the cumulative1920 figures—cumulated through November where the numerical cumulative data (in the fourth and fifth columns of this table)run through November, otherwise through October.

August from Julij, etc.—The four last columns of this table show the percentage change of each month from the previous month, exceptwhere the figures are quarterly. Then the figures in the column "November over October'' represent the change of the thirdquarter from the second quarter of the year, and in the column "August from July" is the change of the second quarter fromthe first quarter. The columns "September from August'' and "October from September1' are left blank in such cases.

Items marked .with an asterisk (*) are those for which detailed figures of preceding months and years will be found in detail in thetables at the end of this issue. For those marked with a dagger (f) the detailed figures wall be found in the November number (No. 4).All other items are shown in detail in the October number.

TEXTILES.Wool.

Consumption by textile millsImports, unmanufacturedMachinery activity:

Looms, wide per ct.Looms, narrow per ct.Looms, carpet and rug.per ct.Sets of cards per ct.Combs per ct.Spinning spindles-

Woolen per ct.Worsted per ct.

Prices:Raw wool to producer fRaw wool, Boston fWorsted yarn fWoolen dress goods fMen's suitings f

t The detailed figures

.thous. of lbs.,

.thous. of lbs..

NUMERICAL DATA.

Octo-ber,1921

of hours active..;of hours active.. Iof hours active..!of hours active.. [of hours active..

of hours active..of hours active.. -

68,0479,086

75.173.069.982.099.5

8 i .7 ;91.9 i

Corre- I CUMULATIVE TOTAL'sponding THROUGH

Novem-ber, |1921 (

66,07710,946

71.374.372.778.893.8

78.187.4

I

. . . . dolls, per lb . . . 158 .156 .249

....dolls, per lb . . .473 .509 .691dolls, per lb . . 1.150 1.150 1.300

...dolls, per yd. . .824 .815 1.150

...dolls, per yd . . 2.835 2.835 | 3.600

will be found in the November issue (No. 4).

month, |1920, 'Octo-ber or

Novem-ber. 5

27,92612,251

40.339.653.842.949.0

46.146.6

LATEST MONTH.

592,870308,079

550,461

286,226

PERCENTAGE INCREASE (+) OR DECREASE (-) .

BASEYEAR

ORPERIOD.

Latestmonthfrombase.

1913

1913

11920-21 -

11920-21

11920-21

1920-21

4- 63.0

- 13.0

17.0

4- 33.0

+ 57.0

+ 25.0

1920-21 i+ 22.0

11920-21-4- 23.4 |U920-21 + 22.0 1

1913

1913

1913

1913

1913

Latestmonthfromcorre-spond-

ingmonth,

1920.

+136.6

76.987.6

4-

4-

4-

+

77

48

0

0

0

45.084 0

4- 35.14- 83. 74- 91.4

- 37.3- 26.3- 11.5- 29.1- 21.3

Cumu-lative1921fromsame

period,1920.

7.77.6

AugustfromJulv.

: Sep-1 tember| fromAugust.

Octo-ber

from

9.8

- 3.1J ' - 2 . 4! 4- 36.3

! - 0.8

i 4- 3.5

l- 1.6

+ 2.5

0.0- 3.9

0.00.0

- 2.6

4 6.9

3.24.8

14. 50.87.6

0.84.9

No-vem-ber

from

4- 8.3- 37.4

4 0.8 ;4 0.84- 6.34 - 3 . 24 1.6

4- 3.2 I- 0.8 I

0.0

0.0

0.0

0.0

0.0

4- 1.90.0

0.0

- 6 . 90.0

- 2.94- 20.5

- 5.14 1.84 4.0- 3 . 9- 5.7

- 4.4- 4.9

- 1 . 34- l.p

0.0

- 1.10.0

1 Twelve months average, November, 1920, to October, 1921, inclusive.

20

TREND OF BUSINESS MOVEMENTS—Continued.

NUMERICAL DATA.

TEXTILES—Continued.Cotton.

Production (crop estimate) thous. of bales..Output of gins thous. of bales..Stocks, end of month:

Mills thous. of bales..Warehouses thous. of bales..Visible supply thous. of bales..

Imports, unmanufactured bales..Exports, unmanufactured bales..Consumption by textile mills bales..Manufactured goods:

Cotton cloth exports thous. of yds..Fabric consump. by tire mfrs.. .thous. of lbs..Spindles, active thousands..Elastic webbing sales f thous. of yds..

Finished goods:Orders received thous. of yds..Billings thous. of yds..Shipments cases..Stock in storage, end of month cases..Capacity operated per cent..

Prices:Raw cotton to producer f dolls, per lb..Raw cotton, New York f dolls, per lb..Cotton yarn f dolls, per lb..Print cloth f dolls, per yd..Sheeting f dolls, per yd..

Knit Goods.

Orders received pr. ct. normal production..Shipments per ct. normal production..Cancellations per ct. normal production..Unfilled orders, end of

month per ct. normal production.Production per ct. normal production..

Silk.Imports, raw thous. of lbs..Consumption, raw bales.Stocks, raw, end of month bales.Price, raw, Japanese, I ew York f- - -dolls, per lb.

METALS.

Octo-ber,1921

Novem-ber,1921

Corre- ;spending'month,

1920,Octo-

I ber or| Novem-i ber.

CUMULATIVE TOTALTHROUGH

LATEST MONTH.

1921 1920

6,537 8,340 :

1,405 j4,982 !4,624

1,6485,2714,623

12,123 !.a 7,799 a 10,876

31,269 51,440 i

874,510 648,695 :

1,1245,0714,27322;513683,323

494,745 526,610 , 332,057

64,4896,90634,22215,369

100,910105,28651,43940,725

77

.177

.197

.421

.064

.103

93.3

77.9.9

199.087.3

3,14126,81619,3046.027

Iron and Steel.

Iron ore movement thous. of short tons.. 3,210Production:

Pig iron thous. of tons..! 1,2401,92010714

4,28726.09

Steel ingots thous. of long tons.Exports thous. of long tons.Imports thous. of long tons.Unfilled order, Steel Corp., end mo. thous. of tons.Foundry production, Ohio*..per ct. of normal.Wholesale prices:

Pig iron—Fdry, No. 2, north . . .dolls, per long ton.. 22.96Bessemer dolls, per long ton.. 21.96

Steel billets, Bessemer dolls, per long ton.. j 29.00Iron and steel dolls, per ton.. : 35.38Composite pig iron dolls, per ton..! 21.15

Composite steel t dolls, perlb.. | . 0231Composite finished steel f dolls, per lb.. | . 0222Structural steel beams dolls, per 100 lbs.. | 1.80

2i6,637 575,2875,835,396 i 5,370,5544,893,413 | 5,547,221

53,422 | i 58,588 511,7826,350 i| 1,802 ; 73,991

34,487 | 31,654 :3,859 i

85,27997,132 j48,20745,675

69 !

.162

.182

.397

.060

.105

60.0

53.4

28.3

220.886.5

3,41224,95519,6017.154

493

1,4151,971

12611

4,25124.20

22.6621.9629.0034.7120.92.0228.02131.70

.140 j

. 1 9 0 j

.409

.065 !

.134 !

14.319.7

14.2 ;23.3

5,564

2,9343,133

43451

9,021

41.76 !41.26 :49.70 i63.7541.80.0350.0357 |2.80

74,960

28,971 | 991,59140,734 I 939,24218,163 i 494,283

43,716 ;25 i

1,320 39,536 | 29,08710,735 ' 280,180 j 186,70048,357

5. 782 !

25,538 I 56,643

14,888 i18,2902,073

110

33,69038,1144,445

424

BASEYEAR

OR

PERCENTAGE INCREASE (4-) OR DECREASE ( - ) .

Latestmonthfrombase.

Latestmonthfromcorre-spond-

ingmonth,

1920.

Cumu-lative1921fromsame

period,1920. |

.909-13 I - 36.0 - 31.2

.909-13

191319131913191319131913

- 28.3

+ 23.0 ; + 46.6+ 199.0 |+ 3.9+ 51.0 |+ 8.2+ 153.0 +128.5- 7.0+ 9.0

191321920-21 +19131919

+ 44.090.0

+ 14.0

21920-21 +21920-2121920-21 +21920-211920-21

31.0+ 70.0

48.0+ 27.0+ .53.0

19131913191319131913

6 1920619206 1920

6 192061920

1913Feb. '20Feb. '201913

1913

19131913191319131913

Mch.'21

19131913191319131913191319131913

- 5.1+ 58.6

+252.4+ 8.6

+ 35.042.0

+ 60.0+ 74.0+ 72.0

+436.0+ 5.0+424.0

+296.0+ 73.0

+ 20.0- 17.0- 70.0+ 97.0

91.0

- 45.0- 22.0- 45.0- 59.0- 28.0- 3 . 0

+ 42.0+ 28.0+ 13.0+ 32.0+ 36.0+ 33.0+ 28.0+ 6.0

- 62.3+ 8.7- 11.8

- 34.0

+ 194.4+ 138.5+165.4+ 4.5+176.0

+ 15.7- 4 . 2- 2 . 9- 7 . 7- 21.6

+318.8+166.7

+268.1

+ 158.5+ 132.5- 59.5

23.7

- 91.1

51.8- 37.1- 71.0- 78.4- 52.9

- 45. 746.841.645.650.034.940.339.3

+ 35.9+ 50.1

- 54.9

55.852.053.474.1

AugustfromJuly.

Sep-temberfrom

! August.

- 3.1 - 14.3

+ 1.3+ 23.7

+ 64.7- 6.8+ 14.1

+ 13.4+ 16.4+ 1.9!+ 11.3

+ 22.8+ 12.8

12.7+ 8.2+ 14.5

+ 28.0+ 12.4+ 8.0+ 10.5+ 1.7

+ 66.0+ 31.4

37.5

— 19.7+ 39.2

+ 4.7+ 1.9+ 3.6- 6 . 3

+ 8.8+ 42.1- 13.2- 7.5- 6.1+ 44.8

0.73.88.02.25.75.94.9

11.5

Octo-ber

fromSep-

tember.

- 7.4

No-vem-ber

fromOcto-ber.

+ 10.7+ 5.9+ 4.1

+ 10.5- 32.0+ 2.8+ 5.6

+ 5.1+ 6.0+ 13.9+ 7.5+ 5.7

+ 57.1- 46.8+ 31.1+ 22.6+ 28.8

+ 92.1+ 8.2+ 26.7

+116.4 ( ++ 19.0 !

+ 20.7+ 10.8

- 17.1

+ 27.6

+ 38.2 1+ 17.3+ 15.5 1+ 5.8

17.1 0.0+ 64.5- 25.8

+396. 8+ 66.7+ 2.0 :+ 6.4

+-++

+-—+

-+++

+-

++

-—+

-

3.68.9

0.9

6.4

5.5

3.4

8.1

0.9

2.4

9.6

3.8

6.4

10.210.6

38.75.2

10.5

3.8

3.6

31.714.314.40.8

11.1

- 17.2- 8 . 1+ 0.4

- 15.5

- 7 . 7

- 6 . 3

+ 12.2- 10.4

- 8.5- 7.6- 5 . 7- 6.3+ 1.9

- 35.7- 32.0

(9)

+ 10.9— 1 .1

+ 8.6— 6.9+ 1.5+ 18.7

- 84.6

2.71.9

24.235.10.0

- 38.1

4.40.01.76.03.04.23.80.0

+ 25.8 |+ 14.138.214.64.05.2

75.0

+ 2.7+ 17.8- 21.4- 0.8- 7.6

0.00.00.00.00.82.51.3 ; -5.7

I

1.30.00.01.91.11.34.15.6

* New data; see detailed tables, pp. 33 to 41.t The detailed figures will be found in the November issue (No. 4).a Cumulative figures shown are for period through Dec. 13.

b Six months. July to December.3 Six months' average, November, 1920, to April, 1921.9 Very large percentage increase.

TREND OF BUSINESS MOVEMENTS—Continued.

NUMERICAL DATA.

Octo-ber.19*21

spendingNovem- month.

1920,Octo-ber or

Novem-ber.

Corre- CUMULATIVE TOTALTHROUGH

LATEST MONTH.

ber .19-21

19*21 1920

MET ALS—Continued.

Finished Iron and Steel.

Sheets, blue, black, and galvanized:Production per ct. of capacity..Stocks per ct. of capacity..

Bolts:New orders per ct. of average..Unfilled orders, end mo per ct. of average..Shipments per ct. of average..

Nuts and rivets:New orders per ct. of average..Unfilled orders, end mo per ct. of average..Shipments per ct. of average..

Bar iron, shipments long tons..Steel barrels:

Shipments barrels..Production per ct. of capacity..

Structural steel, sales long tons..

Copper.

Production thous. of lbs..Exports thous. of lbs..Wholesale price, electrolytic dolls, per lb. .

53.8i

41.5 !

71.545.5

46.3

72.050. S

44.8

67. S

40.3

23.0

36.5 '

7,077

165,S9925.2

97,789

23,232

50.8 [

j34.0

20.038.3

7,520

99,S00

52.486 72,786• 127 j . 130

ProductionStocks, endImports ..Receipts, StShipments,

Zinc.

of mo

. Louis *St. Louis*

Wholesale price, spelter, western.

Stocks, endImports

Tin.

of mo

Wholesale price, pig tin

Receipts, StShipments,

Lead.

. Louis*St. Louis*

Wholesale price, pig, desilverized.

Production:

short tons..

..thous

..thous

..thous..dolls.

. .thous..dolls.

.thous

.thous..dolls.

FUEL AND POWER.

Coal and Coke.

. .tons..of lbs..of lbs..of lbs..

perlb. .

. .tons..of lbs..per lb . .

of lbs..of lbs..per lb. .

Bituminous coal thous. of short tons..A nthracite coal thous. of short tons..Beehive coke thous. of short tons..By-product coke thous. of short tons..Pub. utility elec. power..mills, of kw. hours..

Shipments, anthracite t thous. of long tons.. jStorage, anthracite f thous. of long tons..Exports: j

Bituminous t thous. of long tons..!Anthracite t thous. of long tons..Coke f thous. of long tons..

Petroleum.Crude petroleum:

Production thous. of bbls..Stocks,end of month thous. of bbls..Consumption thous. of bbls..Imports thous. of bbls..Shipments from Mexico thous. of bbls..

3 See numerical data. *New data;

81708°—22- 4

14,51770,824None.17,11024,302

.051

2,0414,352.276

9,9555,681

.047

43,7417,580

4161,7343,5795,873

21,13567,049

3019,19824,862

. 052

1,3106,886.2S9

123. o

4.3. 3295.5109.3

P E R C E N T A G E INCREASE (4-i OR DECREASE ( - ) .

BASEYEAR

ORPERIOD, month

frombase.

Latest

Latestmonthfromcorre-

spond-ing

month,1920.

Cumu-lative ;1921 I! Augustfromsame

period,1920.

fromJulv.

Sep-tember

fromAugust.

Octo-ber

fromSep-

. ember

No-vem-ber

fromOcto-ber.

1920 11920 . . . . . . .

1920 _ 63.0 ' + 3.3

+ 96.3 ; + 13.2- 1.1 j+ 1.1

23-3

0.0 i

61,860 '

49,156 686,763 1.114,434

105,23238,619

.146

33,31864,3902,75331,53841,446. 068

2, 9669,551. 368

457,516553,996

1,143,155579,528

193,601 451,333

18,664142,571214,274

44,101346,072403,742

45,322 I 120,027

9,208 11 10,7043,833 jj 4,739 .•.047 j .063

116,87054,077

120,26184,544

1,32930822

35,621172,60745,20411,57616,749

35,9556,859477

1,7663,6465,314

51,4577,4411,642 '

376,663 i81,2945,084

505,61680,74619, 462

1,07932930

37,780176,00646,51112,94414,500

3,7065,189

3,56733385

477,243111,384158,403

see detailed tables, pp . 33 to 41.

38,699119,99445,04514,13616,151

60,535 I 55,597

19,8913,873

252

427,992

31,7074,453

744

404,441

1920 - 92.0 I - 84.41920 ._ 61.0 ' '- 58.9

1P20 - 66.0 - 24.91920 - 94.0 !— 93.21920 - 62.0 | - 65.0 '1919 - 31.0 I

I

Jan.'21 i + 111.0 !Jan/21j+ 97.0 |

1913 !+ 12.0 1 + 103.0

+ 21.6 + 26.7 . 0.0 - 35.2•' 0.0 |+ 20.0 + 33.3 , 0.0+ 71.0 ! - 7.5 + 8.2 ' - 21.1

+ 29.6 - 8.6 + 25.0 . - 15.60.0 :— 28. 6 + 20.0 j — 13.0

+ 33.3 : - 8.3 ' + 9.0 ' + 4.9+ IS. 4 ' + 4. 4 + 38. 3 + 6.3

; + 37.8 |: + 40. 1 !

38.4 ' - 1.5 |+ 45.5 + 13.5 + 2.1

1913 i - 83.0 | - 77.9 -1913 + 3.01913 - 17.0

+• 8S. 5- 11.0

60. 0 , + 6. 3 + 5. 9 + 5. 94.4 ; - 11.9 :+ 44.1 - 1 2 . 9 + 38.7

- 6.3 + 1.3 + 6.6 + 2.4

1913 - 27.0 I - 36.6 - 57.11913 + 65.0 U 4.11913 — 99.0 — 98.9 — 57.71913 !- 31.0 - 39.11913 !- 12.0 - 40.01913 - 11.0 - 23.5 !

- 5.6 . - 2.0 0.0 + 45.6- 6.2 - 0.1 - 13.0 - 5.3

57. 7 ; (3) (3) (3) (3)

5S. S j + 14.9 +131.5 - 2.7 + 12.253.8 ;'+ 58.3 '.+ 40.7 . - 4.3 + 2.3

- 2.4 '+ 1.3 + 8.6 + 2.0

1913 ; - 29.0 ( - 55.0 :1913 ! - 28. 0 ! - 27.91913 ' - 35.0 - 21.5 '

1913 j+ 68.0 - 14.01913 | - 56.0 i - 19.1 .1913 j+ 7.0 ; - 25.4 !

i !

1913191319131913191919191919

191919191919

19131913191319131913

. . - 30.1 i 0.0 + 16.8 , - 35.562.2 : + 45.9 '+ 13.0 ' - 24.6 + 58.2

- 4.8 + 1.0 + 1.7 + 4.7

2.8 , + 41.6 1-20 .8 - 10.3 - 7.536.0 + 11.2 : - 8.1 + 24.8 — 32.5

0.0 !+ 5.0 + 1.9 0.0

-

-

+++

_

+

++

10 0

10.0 -83.0 -67

12

18

2

14

58

82.

68.

+ 113.+ 7

+e

0 !

0 ' -0

0

0

0

00

+

-

+1

0 1 +76.00

-—

307

71

1

2

69.

1.

64.

2.

46.

3.

8.

10-

1

s0

1

+-

6

4 i +

8

2

7

4;+7

3 i -

1 ' +2 +

25

0

73

8

37

5

7

9

9

3

13.066.1

5

1.

19.

16.

8

2

3

3

' +( +++

i

j+

I

i —

+++-_

142

52

50.09

4

2

36

3

3.

1.

0.

2.

58.

3.

\

3

5

5

7

8

5

6

6

37

+-+

_+

-—

+

+ ]

1

1

111

1

1

1

1-

1

8.03 Q

28.623

4.

11.

1.

2.

72.

+ 215.

1

0

09

1

6

4

+_+

-j_

+++

++_

22.06 5

50.022

6

6

4

o5

10.07

29.

2.

0

2

8

0. fi

9.

26.

4.

4

6

8

+

• _ { _

1! +

i+

jj

!+++!+i

17

9

14

1

9

18

85

7g

9

5

8

6.8

36.4

5.

1.

2.12.

13.

79

92

4

483,27793,330

136,156

fThe detailed figures will be found in the November issue (Xo. 4).

22

TREND OF BUSINESS MO VEMExNTS—Continued.

NUMERICAL DATA.

Octo-ber,1921

, Novem-i ber,

19-21

Corre-spondingmonth,

1920,Octo-ber or

Novem-ber.

CUMULATIVE TOTALTHROUGH

LATENT MONTH.

1921 1920

F U E L AND POWER—Continued.

Petroleum—Continued.Gasoline: I

Production thous. of gals.. 440,956 j 465,7SSExports thous. of gals..; 47,116 45,876 ! 39.957Domestic consumption thous. of gals..; 454,992 3S4,S02;Stocks, end of month thous. of gals.. 450.270 301,284

4,282,030 3,965,511489,826 570,730

3,853,037 ; 3,596,079

Price, crude petroleum* dolls, per bbl . . .

PAPER.

Wood pulp, mechanical:

ProductionConsumption and shipment.Stocks, end of monthIrnportsf

Wood pulp, chemical:Production tons

1.55 2.13 3.50

tons..

tons..

.tons..

tons..

S2,100,

119,

23,

511777 ;

406 1

569 ,

108,

112,

115,

31,

is6;

228 |

363

700 I

139,

; 125,

108,

17.

535156

529

181

1,1,116,208 :

160,476 :

145,985 I

1,1,431,

462,

187,

582072

686

151,699 \ 163,101 j 1S6,5O6 1,3S1,895 2,012,062Consumption and shipment tons. . 158,050 i 162,841 !; 182.379

Stocks, end of month tons. . 42,431Importsf tons. . 50,374

Newsprint:Production tons. . 101,884Shipments tons.. 109,110

43,172 |

63,575 I

104,604 ;

104,492 ;

23,127

2,513

434,272 |457,114 ;225,800 ;

3,643 i

Stocks tons. . 23,015Exports tons. . 1,409

All other paper:Production tons. . 440,524Shipments tons. . • 451,448Stocks tons. . 221,642Exports, printing* tons. . 2,881

Prices, newsprint:Contract, domesticf dolls, per 100 lbs. .Contract, Canadian! dolls, per 100 lbs . .Spot, market, domesticf. - -dolls, per 100 lbs . .

Printing activity* weighted index number. .

RUBBER.Crude:

Imports thous. of lbs . .Consumption by tire manfrs thous. of lbs . .Wholesale price, Para Island,

New York dols. per l b . .Tires:

Production—Pneumatics thousands. .Solids thousands..Inner tubes thousands..

Domestic sh ipmen t s -Pneumatics thousands..Solids thousands. .Inner tubes thousands. .

Stocks, end of m o n t h -Pneumatics thousands..Solids thousands. .Inner tubes thousands. .

AUTOMOBILES.Production:

Passenger cars* number. .Trucks* number. .

Shipments:By railroad carloads..Driveaways number of machines..By boat number of machines..

Accessories: ! |Purchases thous. of dolls.. | 22,053 18,998Accounts past due thous. of dolls.. I 4,513Notes outstanding thous. of dolls.. ' 3,464

4.188

4.069

4.070

84

47,642

19,602

.210

1,928

462,844

1,675

46

2,016

3,545

163

4,732

134,734

12,810

17,676

12,808

2,214

4.194

4.002

4.170

51,731

17,609

.215

1,757

44

2,126

1,343

35

1,540

3,980

173

5,204

106,042

10,009

14,061

10,509

1,385

I

4,3523,661

38.43949,779

122,993125,32320,26611,194

395,151373,958172,57721,123

5.7925.5419.148

109

32,9556,563

192

65021

743

806*34

921

5,880299

0,132

1,

1,

1,

3S2

371

117118

,227

,800

,358

,994

2,075

554,

1,387

1,382

,204

316

,111

,214

30,496 I 85,828

733,675684,508

69,201

5,501,9645,104,377

169,329

356,628

19,980384

25,034

20,887489

24,984

13,2539,497

182,833136,76322,092

542,384

239,262464,398

223,724

57,834

47,.328

PERCENTAGE INCREASE (+) OR DECREASE (-) .

BASE ' i LatestYEAR ; i month

0 R Latest ! fromPERIOD.: month j corre-

j from spond-'• base. | ing• month,

1920.

I

1919

1919

1919

1919

1913

+ 34.0+ 50.0+ 59.0- 3.0+ 12S.0

- 5.3+ 14.8+ IS. 2+ 51.4- 39.1

Cumu-lative1921fromsame

period,1920.

, AugustfromJuly.

Sep- ! ^tember, -~r*from j g" _L U g u s t § : tember.

No-vem-ber

from

+ 8.0- 14.2

+ 3.1 - 3.Sj - 75.3 , - 20.9

.1 |+ 10.0 + 13.1

1919 j - 10.0 - 22.51919 j - 7.0 j - 10.31919 - 25.0 + 6.3

1909-13 +116.0 + 84.5

I i1919 j+ 1.0 j - 12.51919 |+ 2.0 j - 10.71919 j - 20.0 |+ 12.3

1909-13 ! +179.0 |+ 27.7

i !i

1919 j - 9.0 !— 15.01919 — 9.0 j - 16.61919 - 3.0 i+ 14.11913 ! - 65.0 ! - 77.6

I1

- 1 9 - 9 -+ 20.6 |+ 7.6

- 15.0- 22.2 •+ 7'. 5

- 31.3 ;+ 17.2 j+ 4.0 + 20.5 ++ 33.4

- 32.9

- 19.4- 19.0

1919

1919

1919

1913

8.06.0 14.2

+ 5.0 |+ 30.8- 62.0 ! - 82.8

- 32.1 ;+ 23.2 |+ 10.6 + 17.0 j —- 27.8 | ! + 22.9 | + 12.8 + 15.5 j -

! - 2.5 ; - 6.1 — 4.6 | +- 59.1 I.+ 18.6 ! - 13.7 - 26.0 +

1919 + 13.01919 + 10.01919 - 3.0

- 27.8

- 54.4

Sep.'20 - 16.0 ! - 22.9

191321920-21

1913

+ 436.0 + 57.0- 94.0 ! + 168.3

- 73.0 + 12.0

21920-21 + 93.021920-21 + 87.021920-21+112.0

21920-21+ 6.021920-211 - 6.021920-21!+ 13.0

21920-2121920-2121920-21

1920

1920

1920

Jan.'21Jan.'21Jan.'21 - 16.0

- 24.0- 41.0- 5 . 0

- 33.0- 73.0- 71.0

+303.0

- 46.0

+ 170.3+109.5+186.1

+ 66.6+ 2.9+ 67.2

- 3 3 . 5- 42.1

15.0

+ 6.1+ 10.7+110.2

. 1 ! - 17.2 :

.11 0.0 ;3.80.0

+ 5.8+ 35.1+ 3.9- 11.5+ 55.0

- 2 . 6

37 .4

1.6 - 9.8- 7.1

23.6

6.3 •

31.111.43.4

+ 76.0 - 9.1 !+ 34.5— 17.6 — 13.5 ! —

i

+ 14.9 |+ 6.5 + 20.7 ; +- 2.9 j - 8.1 - 13.2 i —+ 5.5 !+ 47.4 - 13.3 ! +

8.5 I —

6.0

3.4

|+ 5.6

64.5 ! + 18.3

+ 3.5; +

+ 14.5 i-

+ 11.5 - 23.8 |- 11.4 - 36.9 |

- 34.2

23.6

70.6

0.0- 0 . 8+ 2.6+ 12.0

+ 19.9+ 29.1

0.0

+ 18.1+ 58.3+ 46.5

+ 5.0+ 20.4+ 5.3

+ 1.3- 1.3+ 17.5

+ 1.3+ 21.5

+ 6.5- 2.5- 2 . 5

+ 1.1- 16.9- 5.9

+ 10.0 + 18.2 !+ 2.4

2.3 - 14.3 ; +8.4 - 7.3 -

- 18.3 , - 27.5— 4.8 |+ 5.0

+ 4.4 ;+ 37.7 j- 36.5 ! - 50.5

3.0

1.7

26.2

2.7

4.2

0.5

78.4

1.4

5.4

1.8

26.4

0.1

1.7

2.4

8.6

10.2

- 36.4 ! - 0.1- 32.6

- 26.0

• 29.3- 25.1- 30.2

- 14.5- 25.7+ 4.5

- 13.8+ 4.4

8.112.818.2

- 1.10.25.2

+ 24.3- 13.2

- 18.2- 8 . 0- 2 3 . 8

6.1+ 0.6+ 23.6

- 6 . 9

- 6.1

- 17.1

- 22.2

- 4 . 7

+ 3.5

- 5.8

8.94.3

25.2

19.823.9

• 23.6

- 10.2• 6.1

- 10.0

*New data; see detailed tables, pp . 33 to 41. f The detailed figures will be found in the November issue (No. 4). 2 Six months average, November, 1920, to April

• 21.3

• 21.9

• 20.5

• 17.9

• 37.4

13.9

3.6

5.7

1921.

23

TREND OF BUSINESS MOVEMENTS—Continued.

GLASS.Bottles:

Production* index number. .Illuminating glassware:

Net orders* per ct. of capacity..Actual production* per ct. of capacity..Shipments billed* per ct. of capacity..BUILDING AND CONSTRUCTION.

Buildings.Building volume index number . .Building costs index number . .Concrete factory costs index number . .Contracts awarded, floor space:

Business buildings thous. of sq. f t . .Industrial buildings thous. of sq. f t . .Residential buildings thous. of sq. ft . .Educational buildings thous. of sq. f t . .Hospitals and institutions thous. of sq. f t . .Public institutions thous. of sq. f t . .Social and recreational bldgs.. thous. of sq. f t . .Religious and memorial

buildings thous. of sq. f t . .Grand total thous. of sq. f t . .

Contracts awarded, value:Business buildings thous. of dolls..Industrial buildings thous. of dolls..Residential buildings thous. of dolls..Educational buildings thous. of dolls..Hospitals and institutions thous. of dolls..Public institutions thous. of dolls..Public works and utilities thous. of dolls..Social and recreational bldgs. .thous. of dolls..Religious and memorial

buildings thous. of dolls..Grand total thous. of dolls..

Fire losses f thous. of dolls..Lumber.

Southern pine:Production M ft. b . m . .Stocks, end of mo Mft. b . m . .Price, B and better f.. .dolls, per M ft. b. m . .

Douglas fir:Production (computed) f M ft. b. m . .Shipments (computed) f M ft. b. m . .Price, No. X, common f.. dolls, per M ft. b . m . .

California redwood:Productionf Mft. b . m . .Shipments f M ft. b. m .Orders received f M ft. b. m .

California white pine:Production * M ft. b. m .Shipments * M ft. b . m .Stocks* Mft. b. m .

Michigan hardwood:Production *Shipments *

Western pine:Production fShipments f

Oak flooring:

Mft. b. m..Mft. b. m..

Mft.b.m..Mft.b.m..

ProductionShipments

Mft.b.m..Mft.b.m..

Orders booked M ft. b. m..Stocks, end of mo M ft. b. m..Unfilled orders, end of mo M ft. b. m..

Exports, planks, scantlings, andjoistsf Mft. b. m..

NUMERICAL DATA.

Octo-ber,1921

70

49.3

36.6

40.7

109166154

7,9913,984

21,9793,228

680212

1,383

40,436

37,40518,41989,65022,4295,2001,523

35,1416,632

5,735222,48027,955

401,4841,083,311

42.57

374,681366,176

10.50

42,42333,41744,599

44,47840,460

10,26928,164

82,144

105,780

16,26621,20927,55927,74220,808

123,264

Novem-ber,1921

50.651.749.1

101168153

5,1584,197

22,6663,416

521119

1,222

49137,818

24,22117,69590,32418,2124,506

88426,3976,713

3,246192,31126,179

423,7021,087,727

47.41

366,646312,477

11.50

50,48948,81456,820

32,04033,317

14,204

28,472

59,14193,477

16,93319,54423,77120,92231,022

110,902

| Corre-spondingI month,

1920,Octo-ber or

Novem-ber.

123

51261

3,6115,2647,2641,04541787785

32918,802

20,21833,33032,1586,9502,573895

21,8486,839

2,774128,96628,093

303,6061,332,138

46.60

340,659274,40716.50

52,15835,37820,640

49,94024,776

21,60411,576

7,3685,5094,695

36,8503,997

CUMULATIVE TOTALTHROUGH

LATEST MONTH.

1921 1920

60,607.32,927182,66837,2869,9242,688

16,474

8,692351, 793

309,890158,772776,948228,78763,80220,171431,251102,448

57,0302,161,257303,748

4,115,427

3,226,2133,280,376

435,926294,684323,358

425,763303,395

217,758178,127

856,807

839,555

131,419145,069155,590

80,099123,919131,991

25,5595,9762,70711,796

4,629385,876

405,585567,564

542,606165,01044,10225,230544,37486,817

39,2172,433,079280,658

4,035,460

4,320,8703,770,978

499,510406,809356,670

678,400416,752

314,911256,647

122,685

89,036

73,421

BASEYEAR

ORPERIOD

1919

May,'21M a y /May

- 14.0

'21 +21 +

191319131914

1919191919191919191919191919

19191919

19191919191919191919191919191919

191919191919

191719171913

191719171913

191819181918

191819181918

19171917

19171917

19131913191319131913

99,086 1,055,776 1,450,232

* New data; see detailed tables, pp . 33 to 41. f The detailed figures will be found in the November issue

PERCENTAGE INCREASE ( + ) OR DECREASE (-).,

Latestmonthfrombase.

- 30.0

37.062.059.0

+ 1.0+ '68.0+ 53.0

- 44.0- 67.0+ 12.0

78.042.0

- 3L0- 3 . 0

+ 11.0- 18.0

- 28.0- 59.0+ 28.0+ 83.0+ 38.0- 21.0- 37.0- 4.0

+ 4.0- 11.0+ 17.0

0.0- 21.0+ 106.0

+ 5.0- 3 . 0+ 25.0

+ 35.0+ 71.0+ 97.0

- 39.0+ 4.0

Latestmonthfromcorre-

spond-ing

month,1920.

+ 98.0- 35.6- 42.3

+ 42.8- 20.3+ 212.0+226.9+ 24.9+ 36.8+ 55.7

+ 49.2+ 101.1

+ 19.8- 46.9+ 180.9+ 162.0+ 75.1- 1.2+ 20.8- 1.8

+ 17.0+ 49.1

+ 39.6- 18.3+ 1.7

+ 7.6+ 13.9

- 6 8 . 0- 42.0

- 48.0- 15.0

+ 154.0+225. 0+289.0+ 132.0+ 328.0

.1909-13 - 32.0

(No. 4). 7 July ,

- 3.238.0

+175.3

- 35.9+ 34.5

- 34.3+ 146.0

+ 129.8+254. 8+406.3- 43.2+676.1

Cumu-lative1921

fromsame

period,1920.

- 24.3- 73.4+ 38.4+ 45.9+ 66.1- 0 . 7+ 39.7

+ 87.8

- 23.4- 72.0+ 43.2+ 38.7+ 44.7- 20.1- 20.8+ 18.0

45.4- 11.2+ 8.2

+ 2.0

- 25.3- 13.0

- 37.2- 27.2

- 30.9- 30.6

+ 7.1+ 62.9+ 111.9

+ 11.9 - 27.2

:L920; figures for 1:

AugustfromJuly.

+ 4.2

+ 42.9- 4.2- 32.6

+ 4.4- 2.6- 0 . 6

+ 13.6- 14.3+ 29.0+ 2.2- 44.4- 37.0+ 5.8

- 28.9+ 11.8

+ 6.1- 21.9+ 34.1- 2.1- 41.3- 16.9- 4.5- 16.4

- 33.8+ 4.0- 22.8

+ 8.0- 3.4+ 0.7

+ 20.5+ 36.1- 8.8

+ 50.0+ 54.5+146. 8

+ 0.9+ 34.3

8.4

+ 5.6+ 8.0

- 4.2+ 18.8

+ 21.8+ 23.1+ 38.9- 0.5- 2.9

Sep-tember

fromAugust.

0.0

+ 31.4+ 54.3+ 37.1

+ 10.6 - 4.4- 2.7 | - 9.3- 1.9 ' - 1.9

Octo-ber

fromSep-

tember.

+ 40.0

+ 44.6+ 62.0+ 55.3

No-vem-ber

fromOcto-ber.

+ 22.9

+ 3.0+ 40.9+ 20.5

+ 4.0 j+ 16. 7+ 21.3- 5 . 2+ 125.9+234.5+ 22. 7

+ 34.8+ 18.4

+ 17.3,+ 4.0+ 18.4- 5.3+ 145.9+ 75.9- 20.6+ 37.7

+ 25.8+ 11.7- 0.9

- 1.1- 3 . 4+ 9.9

+ 3.2- 13.3

0.0

- 12.4- 11.8+ 4.3

- 14.9+ 1.1

19.4

- 22.4+ 36.3

18.5+ 1.2

- 5.1+ 7.3+ 9.2,- 5 . 6- 1.5

+ 10.3+ 47.6+ 0.9- 23.5- 65.7- 57.7- 30.6

- 24.0- 3 . 3

- 9 . 0+ 65.4- 5.9- 15.4- 56.3- 41.9- 1.2- 43.5

- 26.5- 10.4+ 9.6

+ 2.2+ 8.1+ 18.7

+ 10.3+ 15.3

0.0

' 0.0+ 11.4+ 28.1

- 24.5+ 10.7

- 7.3+ 1.2- 0.6

- 35.5+ 5.3+ 3.1+ 5.8- 23.4- 43.9- 11.6

- 47.1- 6 . 5

- 35.2- 3 . 9+ 0.8- 18.8- 13.3- 42.0- 24.9+ 1.2

- 43.4- 13.6- 6.4

+ 5.5+ 0.4+ 11.4

- 2 . 1- 14.7

9.5

+ 19.0+ 46.1+ 27.4

- 28.0- 17.7

- 16.0 + 38.3+ 35.7 |+ 1.1

- 3 . 3+ 15.0

+ 9.4+ 26.1+ 65.2- 17.0+ 117.4

- 28.0- 11.6

+ 4.1- 7.9- 13.7- 24.6+ 49.1

- 1.7 - 5.1 + 2 3 . 2 - 10.0

,ter months of 1920 not available.

24

TREND OF BUSINESS MOVEMENTS—Continued.

NUMERICAL DATA.

Octo-ber,1921

Novem-ber,1921

Corre-spondingmonth,

1920,Octo-ber or

Novem-ber.

CUMULATIVE TOTALTHROUGH

LATEST MONTH.

1921 1920

BASEYEAR

ORPEEIOD.

PERCENTAGE INCREASE (+) OR DECREASE ( - ) .

Latestmonthfrombase.

Latestmonthfromcorre-spond-

ingmonth,

1920.

Cumu-lative1921fromsame

period,1920.

AugustfromJuly.

Sep-temberfrom

August.

Octo-ber

fromSep-

tember.

No-vem-ber

fromOcto-ber.

BUILDING AND CONSTRUCTION—Con.

Brick.Fire-clay:

Production per ct. of capacity..Shipments per ct. of capacity..Stocks, end of mo per ct. of capacity..

Silica:Production thousands..Shipments thousands..Stocks, end of mo thousands..

Face brick:Production thousands..Stocks, in sheds and kilns thousands..Unfilled orders thousands..Shipments thousands..

Prices:Common red, New Yorkf - - .dolls, per thous..

Common salmon,Chicago f..dolls, per thous..

Cement.

Production thous. of bbls..

Shipments thous. of bbls..Stocks, end of mo thous. of bbls..Price, Portland f dolls, per bbl..

Abrasives.

Domestic sales f reams..Foreign sales f reams..

HIDES AND LEATHER.Hides.

Imports:Total hides and skins thous. of lbs..Calfskins thous. of lbs..Cattle hides thous. of lbs..Goatskins thous. of lbs..Sheepskins thous. of lbs..

Stocks, end of month:Packer hides, green salted-

Cattle hides * thous. of lbs..Calf and kip * thous. of lbs..

Other hides and skins-Green salted-

Cattle hides * thous. of lbs..Calf and kip skins * thous. of lbs..

Dry salted-Cattle hides * thous. of lbs..Calf and kip skins * thous. of lbs..

Sheep and lamb * thous. of lbs..Prices:

Green salted, packers' heavynative steers dolls, per lb. .

Calfskins, country No. 1 dolls, per lb. .

Leather.Production:

Sole leather thous. of sides..Skivers dozens..Oak union harness stuffed sides..Finished sole and belting thous. of lbs..Finished upper thous. of sq. ft..

Stocks, end of months:Sole and belting thous. of lbs..Upper thous. of sq. ft-.

Stocks in process of tanning:Sole and beltingUpper

38.440.2

172.2

4,8885,161

45,163

47,086139,59537,91938,315

15.008.57

10,50612,1145,3481.50

39.93|6.5178.5

79.481.9138.6

4,572 11 16,3365,282 11 17,03941,379 ii 35,088

62,131 !54,578 I

165,197171,997

45,582142,13535,89128,280

15.008.63

8,921

5,1959,0911.50

33,695 |137,479 |36,873 !15,092 |

16.5012.31

1.95 I

389,730 515,399

311,058

91,82491,354

26,2433,54411,0647,9492,898

165,88113,209

114,00232,208

16,5467,60532,663

.148

.155

1,56419,89655,87927,69369,901

25,1492,41111,8165,4684,440

194,754413,375

thous. of lbs....thous. of sq.ft.

.158

.145

1,70517,53360,002

58,084

16,458

20,0651,171 |

10,160 I2,810 |4,257 |

215,075 |25,166 !

96,238 .36,418 ;.

19,311 .6,13034,109

320,35044,031

166,84757,36841,838

116,044

177,769 |.

* New data; see detailed table, pp. 33 to 41

.233

.169

1,31613,03473,26525,08047,022

154,159385,114

117,122139,255

16,040162,154555,213249,904556,308

488,41733,763259,04478,85280,673

17,060149,388

1,087,208

191919191919

191919191919

1919191919191919

19131913

19131913

Dec'131913

19191919

1909-131909-131909-131909-131909-13

36.040.00.0

67.062.01.0

+ 1.0+ 59.0- 58.0- 13.0

+129.0+ 75.0

+ 16.0- 30.0- 19.0+ 48.0

- 49.6- 55.6+ 28.2

- 72.0 - 62.4- 6 9 . 0 - 68.3+ 17.9

+ 35.3+ 3.4- 2 . 7+ 87.4

9.129.9

- 23.1

41.065.038.033.016.0

Sep.'2O - 59.0Sep.'2O - 37.0

+ 25.3+ 105.9+ 16.3+ 94.6- 4 . 3

- 22.9- 47.5

- 34.4+ 30.4- 35.6

27.2- 48.1

Sep.'20j+ 37.0 + 18.5Sep.'20J- 6.0 ; - 11.6

i j

Sep.'20 | — 1.0 :— 14.3Sep.'20; + 64.0 j+ 24.1Sep.'2o! + 16.0 - 4.2

19131913

- 14.0- 33.0

191919191919

Sep.'20Sep.'20

- 9.0+ 17.0- 37.0+ 15.0+ 99.0

Sep.'20j+ 28.0Sep. '20 + 13.0

- 32.2- 14.2

+ 29.6+ 34.5- 18.1+ 10.4+ 48.7

+ 26.3+ 7.3

Sep.'20 - 4.0 — 0.9Sep. ;20i+ 18.0 + 27.7

- 24.4

- 6.0+ 8.5- 48.9

— 20.5- 22.7+ 2.1

5.71.93.0

+106.9 + 20.5+ 18.5 + 4.1+ 0.2 + 1.8

+ 22.9+ 15.9+ 12.2+ 25.5

0.00.0

+ 6.4+ 20.1- 20.4

0.0

+ 22.6

- 6 . 7

+ 11.3+ 30.3- 22.7+ 66.2+ 81.4

- 12.3

- 6 . 1- 1.1

- 2.6- 10.4+ 1.0

0.0€.2

+ 13.2+ 74.4

- 14.3- 11.9- 14.5- 15.6

+ 3.1- 0 . 6

- 5 . 1- 9 . 0- 16.2- 6 . 3

+ 6.8+ 19.0

- 13.5- 4 . 7+ 4.9

32.5- 43.0

- 9 . 5

- 2 . 1+ 0.1

- 5.2+ 11.5- 9 . 3

+ 1.3- 1.2

- 7.0- 3.5

+ 8.5 + 2.0+ 7.7 - 4.5+ 11.1 - 4.0

- 1.5- 0.9

- 0 . 9

- 0 . 9

- 2.2 +- 0.9 | +

+ 22.0+ 24.5

0.0"

- 1 . 6+ 23.5- 0 . 6

+ 14.3+ 11.3+ 6.4+ 9.3

- 1 . 3+ 1.8

4.57.9

- 22.6- 5 . 5

+ 4.9- 9 . 1+ 4.2

- 6 . 9+ 2.3- 8 . 4

- 3 . 2+ 1.8- 5 . 3- 2 6 . 2

0.0+ 0.7

- 15.1- 65.9+ 70.0

0.0

- 20.8- 31.6- 31.8+ 16.9

- 1.9

- 1.1

- 1.1+ 1.'+ 3.1

- 4.2- 32. 0+ 6.8- 31.2+ 53.2

+ 5.2 +- 3.5 ! -

6.86.5

+ 3.8 + 9.0- 4.3 - 11.9+ 13.5 + 7.4+ 7.8+ 3.5

+ 0.9+ 1.3

+ 3.2+ 0.4

f The detailed figures will be found in the November Bulletin (No. 4).

25

TREND OF BUSINESS MOVEMENTS—Continued.

NUMERICAL DATA.

Octc-ber,1921

HIDES AND LEATHER—Continued.

Leather—Continued.Exports:

Sole thous. of lbs.Upper thous. of sq. ft.

Prices:Soles, hemlock, middle No. 1.. .dolls, per lb.Chrome calf, " B " grades dolls, per sq. ft.

Leather Products.Belting, sales:

Quantity t .thous. of lbs.Amount f thous. of dolls.

Boots and shoes:Exports thous. of pairs.Price, wholesale, men's vici-

calf, blucher dolls, per pair.

Imports: CHEMICA1S.

Potash tons.Nitrate of soda tons.

Exports:Sulphuric acid f thous. of lbs.Dyes and dyestuffs thous. of dolls.Total fertilizer tons.

Price index numbers:Crude drugs * index number.Essential oils * index number.Drugs and Pharmaceuticals *.index number.

FOODSTUFFS.

Production: W h e a t *Winter (est.) thous. of bushs.. 543,879Spring (est.) thous. of bushs.. 196,776Total (est.) ^thous. of bushs.. 740,655

Exports intel. flour thous. of bushs.. 25,366Visible supply thous. of bushs.. 119,943Receipts, prin. mkts thous. of bushs.. 41,568Shipments, prin. mkts thous. of bushs.. 28,758Wheat flour production thous. of bbls.. 13,566Prices:

No. 1, Northern, Chicagof. ..dolls, per bush. . 1.298No. 2, Red, winter, Chicagof.dolls, per bush.. 1.193Flour, standard, patents,

Minneapolisf dolls, per bbl . . 7.425Flour, winter straights,

Kansas City t dolls, per bbl . . 6.305

Corn.Production (est.) mills, of bushs.. 3,152Exports incl. meal thous. of bushs.. 9,470Visible supply thous. of bushs.. 22,328Receipts, prin. mkts thous. of bushs.. 34,496Shipments, prin. mkts thous. of bushs.. 21,160Prices, contract grades, No. 2,

Chicago t dolls, per bush.. . 469

Oats: Other Grains .

Production (est.) mills, of bushs.. 1,079Exports, incl. meal thous. of bushs.. 844Prices, contract grades,

Chicago t dolls, per bush.. . 346Barley:

Production (est.) thous. of bushs.. 163,399Exports thous. of bushs.. 2,082Price, fair to good, malting,

Chicago f dolls, per bush.. . 5533 See numerical data. * New data:

2,0723,682

.340

.525

300501

321

6.75

15,73513,250

1,380482

63,259

126138117

Novem-ber,1921

2,3475,874

.340

.500

263439

301

6.75

13,73115,629

705501

101,497

127135116

587,032207,861794,89319,453

133,70225,57619,45510,851

1.2261.176

7.170

5.900

3,0814,475

18,197•15,46712,770

.482

1,061343

.354

151,1812,511

Corre-pondingmonth,

1920,Octo-ber or

Novem-ber.

5293,696

.470

.625

349

835

1,161

7.75

6,84388,519

2,0132,311

76,986

174226173

610,597222,430833,02730,98990,75937,21824,2159,889

1.8102.057

9.295

8.400

3,2312,1676,043

10,1138,1#9

.807

1,4961,141

.515

189,3321,623

CUMULATIVE TOTALTHROUGH

LATEST MONTH.

1921 1920

13,06936,867

3,3426,138

8,419

87,812363,834

12,1566,466

831,780

20,02282,826

8,02818,368

14,611

171,5031,248,569

26,98730,634

1,308,081

335,450

412,448278,183113,016

277,, 215

292,879257,514100,010

121,197 17,694

301,180 j

209,986 !

197,758107,211

7,430 14,959

25,003 15,335

.554 i[ .867

see detailed tables, pp. 33 to 41.

BASEYEAR

OR LatestPERIOD, j month

i fromi base.

PERCENTAGE INCREASE (+) OR DECREASE ( - ) .

1913 — 10.01913 - 34.0

1913

19191919

1913

1913

1909-131909-13

1909-131909-131909-13

Aug.'14Aug.'Aug.'

1909-131909-131909-13

19131913191919191914

+ 21.0+ 86.0

- 6 3 . 0- 6 8 . 0

- 64.0

+ 117.0

— 35.0- 64.0

+ 15.0

- 2.0

14 +14 +

+ 27.035.016.0

+ 33.0- 15.0+ 16.0+ 63.0+160.0- 19.0- 2 . 0+ 1.0

1913 !+ 34.01913 1+ 19.0

1913 + 56.0

1913 + 5 3 . 0

.909-131913191319191919

1913

1909-131913

1913

.909-131913

1913

+ 14.0+ 6.0+ 117.0

- 23.0

- 6.0- 89.0

spond-ping

month,1920.

+343.7+ 58.9

- 27.7

- 20.0

- 24.7

- 47.4

- 74.1

- 12.9

-100.7- 82.3

- 65.0- 78.3+ 31.8

- 27.0- 40.3

33.0

- 3.9- 6.5- 4 . 5- 37.2+ 47.3- 31.3- 19.7+ 9.7

32.3

42.8

22.9

29.7

- 4.6+ 106.5+ 201.1+ 52.9

56.3

- 40.3

- 29.1- 69.9

- 58.4- 66.6

fromsame

period,1920.

- 34.7~ 55.5

AugustfromJuly.

Sep-temberfrom

August.

• 48.8

70.9

+ 43.5- 26.5

- 2 . 4

0.0

+ 4.3+ 5.0

+ 74.3

0.0

+156.31+ 60.4

• 55.0 !|+ 96.7• 78.9 ! + 37.5• 36.4 ! • - 17.5

3.16.01.6

+ 21.0

40.98.0

+ 13.0

| 0.01.10.0

+ 118.7+ 24.6!+ 10.71+103.9+ 29.2

|— 5.30.0

+585.9

+ 52.3+ 95.9

- 50.3

- 6 . 0

- 17 0+ 72.0

- 11.0

- 31.3

- 20.2+ 54.7

- 36.1

+ 63.0

!+ 5.2- 8.3- 31.3+ 66.1+ 13.0

- 7.1

| - 5.0+229. 4

- 2.1+ 118.8

0.0+ 19.4

0.00.0

- 8 . 3

- 9 . 5

- 61.2

0.0

+ 61.0- 40.3

- 42.9- 25.9+ 96.2

- 2 . 4- 2 . 8

3.3

0.0- 7 . 0- 1 . 8

41.80.0

- 10.6- 23.2+ 0.8

5.6+ 4.0

+ 2.8

+ 4.2

Octo-ber

fromSep-

tember.

+146. 5- 2 . 3

0.00.0

4.52.6

23.0

3.6

+ 12.2- 32.0

+122. 8+ 6.5- 40.2

2.40.0

- 1.7

+ 7.9+ 5.6+ 7.3- 23.3+ 11.5- 38.5- 32.3- 20.0

- 5.5

- 1.4

- 3.4

- 6.4

- 1.9- 52.7- 18.5- 55.2

+ 25.0 - 21.6 j - 39.7

0.00.00.0

- 34.9+ 37.6- 32.3- 28.7+ 0.8

- 5.3

+ 11.0

- 5 . 7

- 0.8 — 0.9+ 35.3 |— 15.0+ 10.5 + 68.4+ 24.5 - 5.7

No-vem-ber

fromOcto-ber.

+ 13.3+ 59.5

0.04.8

- 12.3- 12.4

- 6.2

0.0

- 12.7+ 18.0

- 48.9+ 3.9+ 60.4

+ 0.8- 2.2- 0 . 9

- 5.5 - 12.8

- 1.0 | 0.0- 60.7 + 27.3

+ 6.3 — 9.8

- 2 . 2 0.0

+ 16.5 ! - 61.1

f Detailed tables given in November issn

+ 2.8

- 1 . 7- 59.4

+ 2.3

- 7.5+ 20.6

4.0 | - 8.2 + 0.2

ae (No. 4).

26

TREND OF BUSINESS MOVEMENTS—Continued.

Rye:

FOODSTUFFS—Continued.Other Grains—Continued.

Production (est.) thous. of bushs.Exports, incl. flour thoiis. of bushs.Price, No. 2, Chicago f dolls, per bush.

Total Grains.Total grain produced (est.) mills, of bushs.Total grain exports, incl. flour.. .thous. of bushs.Car loadings of grain and grain products. . . .cars.

Other Crops.Rice, production (est.) thous. of bushs.Potatoes, production (est.) thous. of bushs.Hay, production (est.) thous. of tons.Apples:

Production (est.) thous. of bushs.Cold storage holdings thous. of bbls.

Cattle and Beef.Receipts, primary mkts thousands.Shipments, primary mkts thousands.Shipments, stocker and feeder thousands.Slaughter thousands.Exports, beef products thous. of lbs.Cold storage holdings of beef thous. of lbs.Inspected slaughter production thous. of lbs.Apparent consumption thous. of lbs.Prices cattle, corn-fed,Chicagof.dolls, per 100 lbs.

Hogs and Pork.Receipts, primary markets thousands.Shipments, primary markets thousands.Shipments, stocker and feeder thousands.Slaughter thousands.Exports, pork products thous. of lbs.Inspected slaughter production thous. of lbs.Apparent consumption thous. of lbs.Cold-storage holdings, pork products, thous. of lbs.Prices, hogs, heavy, Chicagof. .dolls, per 100 lbs.

Sheep and Mutton.Receipts, primary markets thousands.Shipments, primary markets thousands.Shipments,stocker and feeder thousands.Slaughter thousands.Cold-storage holdings, lamb and

mutton thous. of lbs.Prices:

Sheep, ewes, Chicagof dolls, per 100 lbs.Sheep, lambs, Chicagof dolls, per 100 lbs.

Dairy Products.Condensed and evaporated milk:

Exports thous. of lbs.Imports thous. of lbs.

Exports, dairy products thous. of lbs.Receipts at 5 markets:

Butter thous. of lbs.Cheese thous. of lbs.Eggs thous. of cases.

Cold-storage holdings:Creamery butter thous. of lbs.American cheese thous. of lbs.Case eggs thous. of cases.

Wholesale price at 5 markets:Butter dolls, per lb.Cheese dolls, per lb.

NUMERICAL DATA.

Octo- Novem-ber,1921

ber,1921

Corre- CUMULATIVE TOTALspondingjmonth,

1920,Octo-ber or

Novem-ber.

THROUGHLATEST MONTH.

1921 1920

64,332

2,001.882

5,19939,70350.47S

33,020345,S42

79, SOS

57,918691.S04

5,14627,47337,998

39,653346,82381,567

60,4,1.

5,40,34,

51,: 403,: 87,

490855577

810775978

692

296855

28,172

503,213486,758

53,620

378,821

383,308

102,290 96,881 | 223,6773,597 2,354 j! 6,787

2,1,

1,12,

64,427,4148.

3,2121,219

451,990

99,202480,622525.835

1,928997497935

10,04380,007

8.563

3,6871,297

332,37090,248

408,3127,950

3,013l',66S731

1,311 !

6,S65

2.915

8.490

32,23235

33,084

43,7S516,382

732

396,3976,838

2,0261,052511

7,508

2,427

1,166

553

1,049

14,204

100,006

434,715

419,278

14.575

3,872

1,400

54

2,465

129,16S

406,316

4S9,438

270,757

12,120

2,471

1,499

S57

1,010

56,702

18,3517,9273,24710,319173,569

3,740,3073,681,796

37,12412,928

46324,170

1,553,2565,525,8504,265,580

20,9999,1713,763

11,460218,334

4,162,3394,251,695

38,24213,760

69324,431

1,345,4565,251,6174,077,399

2. 750 ji 5.1508.719 ii 12.150

18,126 |

43 j

19,107

37,282

13,456

399

17,207979

18,159

22,432 !10,425 ;2,927 •;12,019 j

21,93811,8134,91210,093

267,44012,163

310,447

78,43,4,

014

0153S7

461214

65,13834,062 ,

2.402 '

.451 :

.220 '

26,643 I 532,19513,727 ' 167,389

391 ! 14,210

391,752

22,794

423,998

444,906

154,071

11,962

7 9,750 !

39,921 !

1,824 I

1919 - 24.0

1919 - 29.0

fThe detailed figures will be found in the November issue (No. 4).

.620 |

.261 l

BASEYEAR

ORPERIOD.

1909-13

1913

1913

1909-13

1913

1919

PERCENTAGE INCREASE (+) OR DECREASE ( - ) .

Latestmonthfrombase.

+ 66.0+346.0+ 26.0

+ 8.0+ 32.0- 3 . 0

1909-13 ;+ 66.01909-13 — 3.01909-13 + 24.0

1909-131919

191919191919191919131919191319191913

191919191919191919191919191919191913

- 45.0

+ 36.0

- 6 . 0

+ 12.0+ 13.0- 18.0- 26.0- 67.0+ 25.0- 7.0+ 1.0

-1.0+ 9.0- 56.0- 7.0+ 10.0

- 1.0+ 88.0- 57.0- 18.0

1919 - 11.01919 |- 13.01919 I- 12.01919 |- 6.0

1919

19131913

191919191913

1919

1919

- 11.0

Latestmonth,fromcorre-spond-

ingmonth,

1920.

- 4.3- 85.8- 49.0

- 11.4- 32.6+ 8.6

- 23.4- 14.0- 7.2

- 56.7- 65.3

14.510.110.929.320.01.61.2

41.2

Cumu-lative1921fromsame

period,1920.

AugustfromJuly.

Sep-temberfrom

August.

Octo-ber

fromSep-

tember.

- 47.50.0

+242. 7! - 12.5II

+ 32.8+ 27.0

- 12.6- 13.6- 13.7- 10.0- 2 0 . 5

- 10.1- 13.4

- 4.8 j - 2.9- 7.4 j - 6.0

- 38.9 I— 33.2- 3.9 • - 1.1- 3 0 . 1 + 15.4+ 18.3+ 7.4+ 46.4- 43.6

5.24.6

- 18.0 |+ 2.3- 29.8 j — 11.7_ 40.4 j — 40.4- 2.2 !+ 19.1

|+ 1.8|+ 82.8+ 6.2

- 2 . 1+ 2.2- 2 . 4

- 0 . 3

0.0+ 15.9- 0 . 6

0.925.1

+ 0.7+ 6.6

0.0

+ 0.5

+ 40.0+ 72.7+ 189.3+ 17.6+ 3.0- 25.0+ 16.8+ 18.2+ 4.0

2.7+ 1.3+ 34.8- 4.2+ 1.9- 14.5- 3.8- 15.0

0.0

- 41.0+ 45.3+ 191. 7+ 33.7

- 12,5

+ 2.2+ 7.4+ 11.1

1.10.07.40.82.24.9

0.0+ 1.3+ 77.4- 1.5- 0 . 5- 7 . 4+ 11.0- 28.2- 18.1

+ 5.5+ 26.9+ 37.1- 10.2

+ 1.4

- 41.0 - 46.6 I j;+ 6.5+ 12.0 ! - 28.2 ! ! - 6.0

0.0- 34.9- 16.8

0.0- 44.5+ 4.2

0.06.60.0

- 6.8+363. 3

+ 20.4+ 31.4+ 56.7+ 9.3- 30.9+ 8.0+ 5.0+ 4.3+ 6.1

+ 21.1+ 29.1+ 9.1+ 16.4- 42.9+ 13.9+ 11.2- 26.2

0.0

No-vem-ber

fromOcto-ber.

- 10.0- 65.5

- 1.0- 30.9- 24.7

+ 22.1+ 0.2+ 0.2

- 5 . 3- 34.6

16.216.520.112.821.424.7

- 3 . 5

+ 14.8+ 6.4

+ 19.1- 9 . 0

- 2 . 9- 14.0

I

+ 14.7 - 32.816.9 - 36.9

+ 31.3 - 30.1+ 8.8 j - 24.6

+ 15.5 | 9.4

+ 1.5 -- 9 . 6 -

7.5 -3.5 +

5.7

2.7

- 74.0 1+ 5.3 I - 31.7 j |+ 79.2 |+ 25.6 - 15.3 - 43.8

- 9 7 . 0 j - 9 5 . 6 ; - 4 6 . 6 j j - 4 . 4

+ 9 0 9 . 0 | + 5 . 2 - 2 6 . 8 j j+ 2 4 . 7

+490.7 j - 99.0 + 22.9+ 24.7 I— 15.1 - 42.2

- 19.0 + 39.9 i+ 19.6 j- 17.0 ! -

1919 - 66.0 : +

1916-20 + 16.01916-20!- 8.01916-20!- 35.0

i

2.02.0

+ 0.7- 33.1

- 19.1 : - 13.4+ 15.2 + 10.4

18.8 !— 2.1 I - 17.2 - 20.3

- 18.- 14.

+ 31.

77

- 27.3

- 15.7

...

11.613.55.3

15.26.7

- 2.5 | - 13.4

- 4 . 0 - 4.1

- 12.8 - 30.1

- 14.9

- 17.9

- 45.5

- 16.5

- 20.8

- 45.2

- 5.30.0

8.5 | -7.0 ' +

2.2

2.8

27

TREND OF BUSINESS MOVEMENTS—Continued.

NUMERICAL DATA.

Octo-ber,1921

Novem-ber,1921

FOODSTUFFS—Continued.

Fats and Oils.

Total vegetable oils:Exports thous. of lbs.Imports thous. of lbs.

Oleomargarine—consumption thous. of lbs.Cottonseed stocks tons.Cottonseed oil:

Stocks thous. of lbs.Production thous. of lbs.Price, New Yorkf dolls, per lb.

Sugar.Imports, raw thous. of lbs.Meltings, raw long tons.Stocks, raw long tons..Exports, refined* thous. of lbs.Prices:

Wholesale, 96° centrifugal, NewYork dolls, per lb.

Wholesale, refined, N. Y.f dolls, per lb.Retail, average, 51 cities index number.

Coffee.Importsf thous. of lbs.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..

Tea.Importsf thous. of lbs.

10,744

27,117

21,497

732,570

102,957

186,444

.088

362,196

277,910

71,664

38,665

.042 |

.052

125

10,822

48,135

17,565

762,726

111,916

173,574

.082

Corre-spondingmonth,

1920,Octo-ber or

Novem-ber.

24,632

17,808

32,099

587,996

166,231

! 228,073

.101

CUMULATIVE TOTALTHROUGH

LATEST MONTH.

1921 1920

251,037 j 158,956

291,744

190,799

1,153,182

463,378 i 432,932 5,567,396

268,283 : 225,356

82,253 i 85,527

37,874 |; 22,654 862,523

. 052 I122 I

.096

235

78,174 i 124,955 , 7f),r>54

8,867

TOBACCO.Production:

Crop (estimated) mills, of lbs..Large cigars millions..Small cigarettes millions..Manf'd tobacco and snuff thous. of lbs..

Exports, unmanfd. leaf thous. of lbs..Price, wholesale, Burley, good leaf, dark red,

Louisville t dolls, per 100 lbs..

FOREIGN EXCHANGE RATES.

Europe:England dolls, per £ sterling..France dolls, per franc..Italy dolls, per lire..Belgium dolls, per franc..Germany dolls, per mark..Netherlands dolls, per florin..Sweden dolls, per krone..Switzerland dolls, per franc..

Asia:Japan dolls, per yen..India dolls, per rupee..

Americas:Canada dolls, per Can. dollar..Argentina dolls, per gold peso..Brazil dolls, per milreis..Chile dolls, per paper peso..

General index of foreign exchange.index number..

1,175

1,121

1,060

673

9,220

1,021

636

1,1,

1,

9,

1,

298

055

145783

258

118615

4,878 !37,414 :43,465 |

27.50 I

3.87

.073

.040

.071

.007

.335

.229

.182

.47.7

.274

.914

.731

.127

.117

46

4,229

30, 772

29,236

1,017

6,015

1,582

668

3,529

20,150

26,628

565,626

336,097

965,286

7,688,130

3,894,417

89*, 020

1,190,723 I 1,224,602jI

|

11,602 I S,889

11,082

5, 718

65,326

6,295

47,839

:!iU,461

476,5S1

10,3955,576

86,610

7,46141,805

382,132421,963

27. 50

3.97

.072

.041

.069

.004

.335

.232

.188

.479

.269

.915

.735

. 126

.110

51

32. 50

; 3. 44

j .060. 036.064.013. 302

.191| .155j

508| .297

| .893

.769

.166

.140

58

I PERCENTAGE INCREASE ( + ) OR DECREASE ( - ) .

BASE jYEAR I T ± i

0 R I LatestPERIOD ! month

I from! base.

Latestmonthfromcorre-spond-

1920. '

Cumu-lative1921fromsame

1920.'

AugustfromJuly.

1913 i - 63.01913 ' + 125.01913 ' + 48.01919 ! + 49.0

191919191913

191319191919

1909-13

+ 87.0+ 165.0+ 14.0

- 56.1 |+ 57.9+ 170.3 | - 48.4- 45.3 I - 43.2+ 29. 7 :

- 32.7 I

! - 22.2+ 10.3+ 59.6+ 33.3

- 23.9- 18.8

+ 19.5

+ 18.0 + 7.0 ; - 27.6- IX. 0 |+ 19.0 | - 14.1

Sep-temberfrom

Octo-ber

fromSep-

No-vem-ber

fromOcto-ber.

+ 33.3 - 30.4+ 201.4 - 4 0 . 0- 0 . 4 '+ 21.3

0.7

- 18.3+ 208.3 |+ 92.1 !+ 4.1

- 17.8 +200 .0 | + 103.6 + 8.7

12.5 +240.02.3 ,+ 12.5

+ 86.8 - 6.9- 11. 1 | - 6.8

I+ 107. 1 j -1+ 33.7 1 +

- 14.0 | - 3.8 j |j— 16.*J+ 473.0 i+ 07.2 !— 3. 4 l'— 11. 5

191319131913 !+ 22.0 i - 48.1

1913

19131913

1909-13

1909-1319131913

+ 17.0 - 39.7 I ji+ 5.5+ 21.0 - 45. 8 I + 7.0

+ 5.4

+ 12.6

0.0

+ 5.4

+ 2.4- 19.7

+ 53.2

1913 I - 23.0 \- 4. 11913 ! - 31.0 i - 23.5

+ 10.0 - 26.5

+ 16.0+ 99.0

+ 12.0

+ 12.6+ 68.4

+ 53.9

+ 12.0 - 29.32.0 - 7.9

+ 226.0 |+ 19.81913 ! - 17.0 + 52.7

1909-131- 7.0 1+ 9.8

1913 + 108.0 - 15.4

Par. - 18.0 + 15.4Par. - 63.0 + 20.0Par. j - 79.0 |+ 13.9Par. | - 64.0 !+ 7.8Par. - 98.0 ; - 69.2Par. j — 17.0 + 10.9Par. | - 13.0 + 20.9Par. | - 3.0 - 21.3

Par. |— 4.0 ,— 5.7Par. - 45.0 - 9.4

Par. - 8.0 '+ 2.5Par. - 24.0 - 4.4Par. - 61.0 - 24.1Par. - 44.0 - 21.4Par. - 54.0 ; - 12.1

+ 30. 5

+ 6.6+ 2.5

- 24. (

- 15.6+ 14.4- 5 . 4+ 12.9

+ 6.6+ 10.1+ 23.3+ 15.2- 0.6

44.836.22.9

40.0

14.6

- 8.2- 4.4- 2.2

+ 32.8

- 1.2- 22.5- 4.9

22.065.8

+ 7.4

+ 4.6- 1.3- 6.6- 5.6- 37.5

47. S51.5

- 2.3- 7.1- 6.0

+ 22.6

- 0.6- 10.0- 3.0

- 13.0+ 30.9

+ 9.8

2.93.61.8

|+ 27.9- 3.5

|+ 14.8I - 2.0

- 2.4

0.0

- 2 . 4

+ 2.4+ 10.5- 5.9

+ 8.0+ 16.3

+ 0.4

+ 9.53 3

- 13.3- 17.8- 32.7

0.00.0

- 4.3- 2.5

0.0-2.5

0.0+ 2.4

+ 1.0+ 6.4

+ 2.3+ 1.5+ 12.5- 1.9

- 1.9

+—

—-+++

+

+++__

2.

5.

7

0

0.0

5.

20.2.2

2

0.

«;.

0.

4.

5.

5.

1.

1

0

6

5

3

0

0

0

3

8

()

; +

-\ —j

++

_

+

+'+i+

• _

4.0

0.0

4.8

1.4

30.0

5. 75.05.8

1.03.8

1.75.02.4

9.39.8

+-

_

++

-

++_-+

2.61.42.52.842.90.0

1.33.3

0.4

1.8

0.10.50.8

ti.O

10.9

t The detailed figures will be found in the November issue (No. 4). * New data; see detailed tables, pp. 33 to 41,

28

TREND OF BUSINESS MOVEMENTS—Continued.

NUMERICAL DATA.

Octo-ber,1921

IN.ovem-ber,1921

TRANSPORTATION—WATER.

Canal Cargo Traffic. j

Panama Canal:American vessels thous. of tons..!

British vessels thous. of tons..Total cargo traffic thous. of tons..

Saulte Ste. Marie Canal, total cargo, .thous. of tons.

Vessels in Foreign Trade.

Entered in U. S. ports:American thous. of tons..Foreign thous. of tons..Total thous. of tons..

383367

986

6.652

389

270

932

3, 265

Corre-sponding1

month, '1920,

Octo-ber or

Novem-ber.

396344085

9, 420

1 CUMULATIVE TOTALTHROUGH

LATEST MONTH.

1921 1920

4.272 !3,145 '9,7S1 :

I

4,6402,6278,74677,776

2,7182,577.">, 295

2,895 3,235 ( 28,546 ' 29,1072,3.50 2,771 28,772 : 29,2775,245 6,006 57,319 58,383

Cleared from U. S. ports:AmericanForeign ..Total

thous. of tons..thous. of tonsthous. of tons

Ship Construction.

Vessels under constructionNew vessels completed

. .thous. of long tons..thous. of long tons..

TRANSPORTATION-RAIL.

Freight Cars .Surplus:

Box-CoalTotal

Shortage:Box . . .Coal..Total . . .

Bad order cars, total fCar loadings, totalFreight carried

numbernumbernumber

numbernumber

. . . . number.. number

thous. of cars... . .mills, of ton miles .

Railroad F inance .Revenue:

FreightPassenger

Total operatingOperating expenseNet operating incomeReceipts per ton-mile

thous of dollsthous. of dollsthous of dollsthous. of dollsthous. of dolls .

.. .dolls, per ton-mile..

LABOR.Number employed:

United States (1,428 firms).. . : . . .thousands..New York StateWisconsin f

Total pay roll:New York StateWisconsin f

thousands..index number..

thous. of dollsindex numbor

Av. weekly earnings, Wisconsin f-index number..Immigration ,EmigrationPostal savings

PRICE INDEX

. . . .numbernumber..

thous. of dolls..

NUMBERS.

Cost of living—Nat. Indus. Conf. Board:FoodShelter...ClothingFuel and lightSundriesMl items weighted

Retail food price— Dept. of

index number..index number..index number..index number..index number..index number

>abor.index number..

2, 7022,6965,398

366

50

22,62833,64380,203

5,3014,339

11,219345,201

929

36,507

400,71088,844

535,296397,203105,453

1,560472

95

11,571183

194

45,97538,956

149,400

152

169

161

179

178

163

153

2,7482,2004,949

319 i

62

113,874132,693282,926

264 j

None.302

320,292757

1,567471

94

11,465180

191

148,000

152

169

157

179

178

L63

152 j

3,3022,8686,171

1,206214

34,7561,78649,695

2,79511,09119,673182,097

87742,563

480,375113,902641,827526,54486,641

27,65228,86257,616

1,226

31,25130,84362,095

2«,655

545122

15,6553C9253

103,26940,047162,352

8,374

289,625

3, 287,836982,437

4,672,6513,880,328496,856

9,425376,705

3,500,2101,065,8105,082,8204,803,427

6,004

131,573 186,205

618,108 -349,875 '

735,159346,196

193 ..166 j..205 !..200192 '..190 '..

193 ..

f The detailed figures will be found in the November issue (No. 4).

HASEYEAR

ORPERIOD.

PERCENTAGE INCREASE ( + ) OR DECREASE ( - ) .

Latestmonthfrombase.

Latestmonthfromcorre-spond-

Cumu-lative |i1921 I! Augustfrom 11 fromsame July.

I

Sep-tember

fromAugust.

Octo-ber

fromSep-

tember.

No-vem-ber

fromOcto-ber.

1915 +114.01915 + 48.01915 +129.01913 ! - 67.0

1913 +147.01913 - 28.01913 + 18.0

1913 +120.01913 - 32.01913 + 10.0

1920 ; - 72.01919 ' - 82.0

1919 + 39.01919 + 76.01919 + 49.0

1919 - 99.0

• - 1.8 ! - 15.2 I + 20.8 |+ 1.0 + 3.0 |+ 1.6- 21.5 + 5.9 [ I - 16.0 j+ 3.7 + 53.1 ;+ 1.1- 5.4 ;+ 0.7 | |+ 18.4 i - 10.1 + 27.7 j - 5.5- 65.3 ! - 39.3 i | - 8.5 ! - 13.3 + 2.6 ; - 50.9

10.5 - 1.9 j |+ 10.9 I - 6.915.2 - 1.7 |!+ 4.1 - 15.812.7 '.— 1.8 ^!+ 8.6 - 12.2

16. 8 - 11.523.3 1 - 6 . 4

19.8 I— 7.2

!+ 2.5

I - 33.7

U 1.6

- 73.5- 71.0

i j - 13.6- 53.8 ! + 18.2

19191919191319191913

191319131913191319131913

-100.0- 99.0

! +112.0:.- 6.0+ 11.0

+ 126.0|+ 54.01+110.0j+119.0|+ 76.0

+ 227.6

(3) ;+ 469.3 i

+ 19.9+ 30.4+ 3.9

- 15.8- 46.2

- 25. 7 - 39.3-19.2 - 24.9- 23.5 I- 30.0

- 90.6

- 98.5+ 75.9- 13.7- 14.2

j — 11.2

1 - 23.1 i

j - 16.6 j - 6.5

j - 22.0 — 7.8

J— 16.6 •— 8.1

i - 24.6 j — 19.2

i.1.

85.00.0

81.30.67.47.0

+ 12.4;+ 0.5•4- 9-4

!+ 5.0i+ 30.2|+ 2.9

+233. 3+ 50.0+ 400.0- 2 . 6+ 4.0

1.4

+ 0.2- 7 . 8- 1.6- 1 . 4- 3 . 4

Jan.'211914

&1915- 1.0- 6 . 0

1.6 + 6.56.6 j - 8.8

- 2.6 - 0.9

- 12.6 :+ 1.7-- 7.1 I— 18.4- 10.0 I - 8.3

- 15.8 j — 12.8- 46.2 !+ 24.0

+ 45.1 . + 403.2- 66.2 +294.4- 53.8 1+252.8

+ 113.9 - 95.0

+ 209.8- 5.3+ 10.6+ 18.4

+ 13.2- 11.8 '+ 7.6 I+ 5.3 :+ 21. 0 i

- 97.3- 7.2- 18.5

- 13.6- 23.0

1914 + 93.05 1915 i+ 80.0

1915 j+ 93.01913 I - 61.01913 ; - 24.01913 +272.0

Jy.'H + 52.0Jy.'14 !+ 69.0Jy. 'H + 57.0Jy.'H + 79.0Jy.'14 + 78.0Jy. 'H + 63.01913 + 52.0

3 See numerical data.

- 26.8 j - 29.3- 41.7 I

- 24.5- 55.5 - 15.9- 27.3 - 1.1

- 8 . 8 I

1.10.0

!+ 3.4

+ 0.5+11.3+ 8.0+ 5.1+ 1.4- p. 3

- 2 1 . 2+ 1.8- 23.4- 10.5 1

+ 1.1+ 3.2+ 2.2

2.1- 3 . 2— 4.4+ 0.2+ 19.3

0.8

- 7.3- 14.2- 21.2

4.7 j -0.01.3 +0.0

0.0 -1.9 -4.7 -

1.3

0.0

1.9

0.0

1.6

0.6

1.3

1.0 ,2.4 j -1.1 I -

0.0

0.2

1.1

0.21.1

0.0

5.8

4.9

1.2

0.7

0.0

0.6

0.0

1.1

0. 0

0. 0

- 0 . 9- 1.6

- 1 . 5

- 0 . 9

0.0

0.0

- 2 . 5

0.0

0.0

0.0

-- 0.75 First quarter of the year.

29

TREND OF BUSINESS MOVEMENTS—Continued.

NUMERICAL DATA.

Octo-ber,1921

Novem-ber,1921

Corre- CUMULATIVE TOTALsponding' THROUGHmonth,

1920,Octo-ber or

Novem-ber.

LATEST MONTH.

PERCENTAGE INCREASE (+) OR DECREASE ( - ) .

BASEYEAR

OR Latest

1921

I PERIOD, month

1920

frombase.

Latestmonthfromcorre-

spond-ing

month1920.

Cumu-lative1921fromsame

period,1920.

August.

Octo-ber

fromSep-

tember.

No-vem-ber

fromOcto-ber.

P R I C E INDEX NUMBERS—Continued.

Farm price:Crop index number.Live stock index number.

Wholesale prices—Federal Reserve Board:Goods produced index number.Goods imported index number.Goods exported index number.Raw materials index number.Producers' goods index number.Consumers' goods index number.All commodities index number.

Wholesale prices:Department of Labor index number.Dun's index number.Bradstreet's index number.

Foreign wholesale prices:United Kingdom index number.France index number.Italy index number.Germany index number.Canada index number..Australia f index number..India f index number..Japan f index number..

DISTRIBUTION MOVEMENT.

Mail-order houses, sales thous. of dolls..Chain stores, sales thous. of dolls..Magazine advertising thous. of lines..Newspaper advertising * thous. of lines..Department-store trade *Postal receipts thous. of dolls

PUBLIC FINANCE.

U . S . interest-bearing debt mills, of dolls..Liberty and Victory loans and War Savings

securities mills, of dolls.Customs receipts thous. of dolls..Ordinary receipts * thous. of dolls..Ordinary disbursements * thous. of dolls..Money held outside U. S. Treasury and Federal

Reserve System:Total mills, of dollars..Per capita dolls

BANKING AND FINANCE.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 discountedNotes in circulation...Total reservesTotal deposits

Federal Reserve member bank:Total loans, rediscounts, and

investments mills, of dolls..Net demand deposits mills, of dolls..

Interest rates:New York call loans per cpnt..Coml. double-name paper, 60-00ds.. per cent..!

* New data; see detailed tables, pp. —.

mills, of dolls... . . .mills , of dolls... . . .mills , of dolls... . . .mil ls , of dolls..'

9898

143107141-140132145141

150135123

170331599

2,687169156184

92

142108138141128143140

149136123

166334

5953,283

24,982

23,5751,522

87,533

23,76821,9701,42193,812

135147

195127163192190187190

207175148

245461670

1,658234215206226

30,16120,7632,11499,699

21,629

23,201

19,53726,408237,848304,158

4,66342.98

17,61016,684

16,02713,782

1,3092,4092,9371,739

14,72910,192

21,750

23,365

19,49124,843195,483324,483

4,607. 42.41

17,49214,900

16,82213,229

1,2822,3662,9901,743

14,76510,274

21,166

23,939

20,08821,185275,421426,092

5,61752.26

20,30819,569

19,43416,172

2,7353,3262,1951,751

16, 73210,892

229,972

208,05216,131931,831

232,448

287,7604,231,5844,116,055

186,520173,807

173,630145,354

333,566

199,45025,844

1,048,170

223,244

311,9785,500,0834,659,897

219,157221,668

222,154187,068

1913

1913

1913

1913

1913

1913

1913

1913

1913

1913

1913

1913

1913

1913

1913

1913

1913

1914

1914

1913

1913

1913

1913

1919

- 8.0

+ 42.0

8.0

+ 38.0

+ 41.0

+ 28.0

:+ 43.0

+ 40.0

+ 49.0

+ 36.0

+ 23.0

+ 66.0

+234. 0

+ 495.0

+ 69.0

+ 56.0

+ 84.0

+ 118.0+ 176.0+ 16.0+ 12.0

1919

1919

1919191319131913

19191919

19191919

19131913

1919191919191919

19191919

5.25 j 5 . 0 6 , 8 .06 ; ill 1913 + 5 9 . 0 - 3 7 . 2

5.63 1 5.19 li 7 .94 ; Ill 1913 I— 10.0 — 34.

t The detailed figures will be found in t h e November issue (No. 4.)

- 37.4

- 27.2- 15.0- 15.3- 26.6- 32.6- 23.5- 26.3

- 23.2- 22.3- 16.9

- 32.3- 27.5- 11.2+ 98.0- 27.8- 27.5- 10.7

- 21.2+ 5.8- 32.8- 5.9

- 31.1+ 54.4- 37.2- 11.1

+ 18.0

- 7 . 0

- 6 . 0

- 7 . 0

+ 124.0

+470.0

- 6 . 0

- 8 . 0

+ 2.8

- 2 . 4

- 3.017.3

- 2 9 . 0- 2 3 . 8

- 18.0- 18.9

+ 4.1

7.823.111.7

- 1 4 . 0 - 13.9- 15.0 j - 23.9

+113.0 - 13.4+ 116.0 - 18.2

- 34.0 - 53.1- 10.0 j - 28.9+ 37.0 + 1.8- 10.0 - 0.5

- 2.0 p 11.8- 3.0 - 5.7

14.921.6

22.2

22.3

0.0

+ 3.7

0.71.00.80.72.23.31.4

+ l.l- 10. ( - 3 . 0

+ 2.7- 0.7

0.0

+ 0.6+ 0.3+ 4.2+ 3.1- 1.1

+ 0.6+ 0.5+ 1.5

- 19.7+ 7.6+ 15.6- 2.8

+ 10.5

+ 1.1

0.0+ 32.0+ 16.0- 9.5

- 3.0- 3.1

6.30.0

- 5 . 10.0

- 9 . 4- 2.1+ 3.3- 1.1

1.01.1

0.0- 7.2

0 . 0 -

1.9 | +

3.80.03.20.0

0.00.0

+ 0.8

+ 2.2+ 0.9+ 7.0+ 12.2- 1.1

0.0

+ 4.0

+ 18.3- 1.7+ 15.4+ 17.4

+ 18.0+ 24.4+ 3.3+ 4.4

+ 5.7

0.0

0.0- 11.1+ 184.3- 8 . 5

- 1.0- 1 . 1

+ 6.3

- 2.1 1+ 0.7

5.34.7

- 11.9+ 21.8

- 6 . 5- 1 . 1+ 3.1+ 2.3

+ 2.1- 1 . 1

- 9.5- 1.0

- 1.3+ 0.7

1.7

< - 1

- 0 . 9+ 3.3+ 34.8— 1.7

- 6.1

0.70.92.10.73.01.4

- 0 . 7

- 0 . 7

+ 0.7

0.0

- 2.4+ 0.9- 0 . 7+ 22.1

- 2.1

4.96.86.67.2

+ 0.6

- 1.1+ 12.5- 65.5+ 14.1

0.0- 1.1

+ 10.1+ 6.7

+ 24.5- 8 . 5

- 5 . 6- 2 . 1+ 2.3+ 1.1

- 2.0+ 3.2

+ 1.9- 4.9

- 0 . 2- 5 . 9- 17.8+ 6.7

- 1.2- 1.3

- 0 . 7- 10.7

+ 5.0- 4.0

- 2 . 1- 1.8+ 1.8+ 0.2

0.20.8

- 3.8- 7.8

,• Very large increase.

30

TREND OF BUSINESS MOVEMENTS—Continued.

NUMERICAL DATA.

Octo-ber,1921

Novem-ber,1921

BANKING AND FINANCE-Continuod.

Business Finances.

Business failures:Firms number..Liabilities thous. of dolls..

Div. and interest payments thous. of dolls..U. S. Steel Corporation's earnings.thous. of dolls..New capital issues:

Corporations thous. of dolls..State and municipal bonds -

Permanent loansf thous. of dolls..Temporary loansf thous. of dolls..

New incorporations mills, of dolls..Telephone companies:

Total operating revenues*... .thous. of dolls..Net operating income* thous. of dolls..

Stocks a n d Bonds.

Stock prices, closing:25 industrial, average dolls, per share..25 railroads, average dolls, per share..

Stock sales (New York StockExchange) thous. of shares..

Bond sales:Miscellaneous thous. of dolls..Liberty-Victory thous. of dolls..Total thous. of dolls..

Bond prices:Highest-grade rails per ct. of par..Second-grade rails per ct. of par..Public utility per ct. of par..Industrial per ct. of par..Combined price index per ct. of par..

Municipal bond yield* per cent.

Gold a n d Silver.Gold:

Imports thous. of dolls..Exports thous. of dolls.

Silver:Imports* thous. of dolls.Exports* thous. of dolls.Price a t New Yorkf doll, per fine ounce.Price a t Londonf. .pence per standard ounce.

U. S . FOREIGN TRADE.

Imports 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.

Grand total thous. of dolls.

c Through September.

Corre-spondingmonth,

1920,Octo-

| ber ori Novem-

ber.

1,713 1,988 ! 1,05053,059 53,470 ; 30,758

247,877 322,497 • 249,216

103,149 255,938

125,671 ' 120,873 j59,543 6,757 I

503 368

37,905 !

8,168 i

75.0353.31

78.8054.18

13,643 15,332

118,408 ! 183,320

218,018 214,625336,426 397,945

74.52 j62.83 I55.63 ;51.16 I59.83 i5.00 !

47,135 i7,576

78.5965.8057.1855.6962.134.50

51,937607

7,510 , 5,9124,782 4,804.710 .682

41. 442 38.750

66,730 70,24310,677 13,9307,624 5,9136,914 5,60719,215 21,888

53,502

29,416

17,712

2,995

56,31728,768

|

26,807 j4,803

176,700

64,61352,318

33,1935,759

89.8857.89

22,157

112,862205,402318,264

73.8660.6852.8358.6160.64

4.97

56,88919,870

5,0253,144.777

50.952

82,03911,7177,5585,32026,824

101,79362,978

40,1068,098

47,241 53,345 | 94,22817,077 22,519 !; 15,5732,843 4,315 3,015

188,028 211,027 || 321,181

CUMULATIVE TOTALTHROUGH

LATEST MONTH.

1921

17,208539,899

3,190,165c 73,097

2,310,534

1,087,400670,9357,341

359,649

76,301

154,579

1920

7,356236,249

3,087,996c 133,296

2,869,422

692,108

610,09014,139

310,17254,091

200,904

1,199,357 I 921,1411,858,212 2,419,3413,057,569 3,340,472

668,31421,681

57,80144,432

692,423130,46972,93656,878 !

372,408305,149

83,433107,536

1,160,613153,78383,33570,602

214,342 i 493,085

703,045 I308,740 !

268,59955,613

1,644,968552,129

725,438198,364

565,143 1,407,527211,019 402,93734,023 146,126

2,272,233 j 5,014,970

BASEYEAR

ORERIOD.

1913

1913

1913

1913

PERCENTAGE INCREASE (+) OR DECREASE ( - ) .

Latestmonthfrombase.

Latestmonthfromcorre-spond-

ingmonth.

1920.

Cumu-lative1921fromsame

period,1920.

AugustfromJuly.

Sep-tember

fromAugust.

+ 49.0 ,+ 89.3 +133.9 + 8.34-135.0 ; + 73.8 4-128.5 4- 0.54-118.0 | + 29.4 4- 3.3 j j - 30.4

; - 45.2 4- 26.7

1913 + 8 7 . 0 + 44.8 - 19.3

1913 ;+255.0 + S7.1 + 57.11913 I - 83.0 - 87.1 ' + 1.01913 i + 114.0 ; - 58.9

1913 j + 189.0 !+ 12.41913 +120.0 !

19131913

1913

9.5

- 48.1

4- 16.04- 41.1

4-36.0 - 12.3- 35.0 - 6.4

4-121.0 — 30.8

1919 4-157.0

1919 - 9.0

1919 4- 29.0

1915

1915

1915

1915

1915

1913

1913

1913

4- 62.4

4- 4.5

4- 25.0

-12.0 +

-13.0 +

- 23.0 +

- 21.0 -

- 19.0 1 +4- 1.0 !-

6.4

8.4

8.2

5.0

2.5

9.5

+878.0 - 8.7 + 79.5

- 92.0 - 96.9 — 92.9

- 23.1

+ 30.2

- 23.2

- 8 . 5

1913 +98.0 + 16.5

1913 - 8.0 + 52.8

1913 + 14.0 - 12.2

1913 + 41.0 — 23.9

- 30.7

- 58.7

1913 - 3.0 - 14.4 - 40.3

1913 + 20.0 + 66.5 - 15.2

1913 - 61.0 - 21.8 - 12.5

1913 + 22.0 + 5.4 - 19.4

1913 - 3.0-18.4 — 56.5

1913 + 73.0 - 44.7 - 57.31913 +143.0 - 54.3 - 44.1

1913 + 62.0 - 33.1 - 63.01913 +125.0 - 40.7 '- 72.0

1913 +102.0 - 43.4 ! - 59.81913 1 + 173.0 + 44.6 - 47.61913 +118.0 + 43.1 | - 76.7

1913 + 41.0 - 34.3 I - 54.7

- 18.5 — 48.5 !— 50.0 +148.1

+ 11.9 - 11.7- 4.7 + 79.4+ 105.5 | - 15.7

- 3.2+ 1.6

+ 18.7

8.410.09.8

Octo-ber

fromSep-

tember,

No-vem-ber

fromOcto-ber.

— 6 . 0 + 1 6 . 4 + 16.1- 1 3 . 8 + 43.0 + 0.8+ 50.6 j - 30.7 + 3 0 . 1+ 10.5 i

+ 19.0 - 3.8- 1 9 . 1 - 88.7+ 2. 8 - 26.8

5.1- 1.4+ 13.3

6.60.0

+ 16.4

+ 19.1+ 61.1+ 43.2

1.22.51.48.61.30.4

+ 34.1+ 81.6

+ 74.0- 26.8+ 2.0+ 1.5

1.22.52.71.31.3

- 2 2 . 8+255.6

- 41.9+ 32.2+ 7.8+ 5.1

+ 3.8 + 7.3- 4.1 |+ 24.5- 11.1 ! - 8.3+ 13.8 - 11.9+ 7 .6+14.1

6.80.5

+ 21.0|+ 43.8

+ 13.5

+ 2.3

- 33.0

+ 8.3

- 8 . 3

+ 2.0

- 28.5- 57.7

- 14.5- 11.9- 12.7

- 7.7

0.0 +- 1.5 +

5.10.4

5.01.6

+ 6.5 + 12.4

- 1.2+54.8+ 5.7 j - 1.6+ 2.8 + 18.3

- • 1. 7 -

0.00.00.05.21,33.5

5.50.52.88.93.8

- 10.0

- 29.1+219. 4

+ 64.5- 3 . 3+ 7.2+ 3.4

+ 5.7- 21.4+ 13.6

27.1+ 4.9

+ 14.7+ 21.6

+ 3.9+ 6.8

- 7 . 7- 24.7+ 130.6

+ 5.0

+ 10.2- 92.0

- 21.3+ 0.5- 3.9- 6.5

+ 5.3+ 25.4- 22.4- 18.9+ 13.9

+ 5.3- 2 . 2

+ 51.3+ 60.4

+ 12.9

+ 31.9

+ 51.8

+ 12.2• New data; see detailed tables, pp. 33 to 41. t Detailed figures given in November issue (No. 4).

31

TREND OF BUSINESS MOVEMENTS—Continued.

TJ. S . FOREIGN TRADE—Continued.

Exports by Grand Divisions.Europe:

Total thous. of dolls.France thotis. of dolls. .Germany thous. of dolls..Italy 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 doils. .Japan thous. of dolls

Africa, total thous. of dolls. .

Grand total thous. of dolls..

TRADE AND INDUSTRY OF FOREIGNCOUNTRIES.

United Kingdom.

Total foreign trade (values):Imports thous. of £ sterling..Exports thous. of £ sterling..Reexports thous. of £ sterling..

Food, drink, and tobacco (values):Imports thous. of £ sterling..Exports thous. of £ sterling..Reexports thous. of £ sterling..

Raw materials and articles mainly unmanufac-tured (values):

Imports thous. of £ sterling..Exports thous. of £ sterling..Reexports thous. of £ sterling..

Articles wholly or mainly manufactured (values):Imports thous. of £ sterling..Exports thous. of £ sterling..Reexports .thous. of £ sterling..

Exports of key commodities (quantities):Cotton piece goods thous. of sq. yds. .Woolen and worsted tissues.thous. of sq. yds..Iron and steel thous. of tons..Coal thous. of tons..

Production:I Mg ironf tonsSteel ingotsf tons..

France.Imports (values):

Total, all commodities mills, of francs..Foodstuffs mills, of francs..Haw material mills, of francs..Manufactured articles mills, of francs..

Exports (values):Total, all commodities mills, of francs..Foodstuffs mills, of francs..Raw material mills, of francs..Manufactured articles mills, of francs..

t The detailed figures will be found

NUMERICAL DATA.

Octo- I Novem-ber, I ber,\m i92i

196,284 153,34920,051 ', 19,20226,261 j 24,32618,534 i 13,24984,953 60,901

77,177 71,64644,800 41,195

15,278 j 13,3205,288 ; 5,100

50,695 51,25625,199 ' 26,1264,163 4,865

343,597 294,437

84,742 89,25962,265 62,89410,386 9,823

44,4753,4663,057

21,2567,3595,143

18,69150,3282,164

342,41111,016

1563, 406

235,500405,400

41,2463,5862,944

29,9467,046

4,818

17,91351,0942,060

303,03310,978

1943,594

Corre-spondingmonth.

1920,'Octo-ber or

Novem-ber.

357,49859,01035,06126,997

125,061

169,01869,340

05,28626,045

08,8939,02315,411

670,700

CUMULATIVE TOTALTHROUGH

LATEST MONTH.

1921

2.212,979207,843351,935202,655873,137

1920

4,079,627637,335252,988339,824

1,680,738

1,068,313 i 1,707,993558,948 ! 890,903

257,090 | 550,040103,574 ; 190,520

586,518204,00669,016

4,193,918

950,803359,010149,080

7,510,145

144,200 1,002,708 j 1,801,077119,305 052,412 ' 1,238,93013,115 97,847 209,700

01,4994,7234,243

529,51834,27127,810

40,500 | 243,3839,399 ; 50,1144,975 • 45,790

712,11047,05242,104

002,887132,377118,071

35,955 ;

103,0943, 890

220,805 ! 420,271541,213 1,042,01324,135 49,453

343,575 2,584,782 4,193,21419,513 103,109 j 252,420

232 1,511 ! 3,1391,301 20,353 22,030

271,800 !| 403,200

442,800 ii 505,100

2,330,400 | 7,325,400

3,371,000 j 8,310,200

•227 ! ! 2,595 18, (Mil

717

318

1,759

132

482

1,042

ti68

1,243

684 j

2,333 !

203

337

1,598

4,888

9,095

4,079

17,530

1,516

4,530

10,624

29,784

0,702

15,045

7,201

10,891

1,793

3,999

12,1K8

BASEYEAR

ORPERIOD.

191319131913

19131913

1913

P E R C E N T A G E INCREASE ( + ) OR DECREASE ( - )

Latestmonthfrombase.

19131913191319131913

1913

+ 23.0+ 50.0- 17.0+ 102.0+ 24.0

|- 57.1 - 45.8j- 67.4- 30.6- 50. c-51.3 - 48.2

+ 43.0 i- 57.81913 ; + 23.0 - 40.6

19131913

|+ 9.o j_ 79. (>

! + 11.0 '— <S0. 4

1913 | + 190.0 — 25.019131913

1913

+ 402.0+ 102.0

+ 42.0 ;- 50.

+ 189.5— 08. 4

1913 + 39.01913 |+ 44.01913 1+ 8.0

+ 71.0+ 32.0+ 122.0

1913 j+ 28.01913 ! + 21.01913 - 10.0

1913 !+ 11.01913 '+ 49.01913 :- 10.0

1920 I- 2.01920 |- 51.01913 - 53.01913 - 41.0

1913 _ cs. o

1913 - 31.0

1913 +217.0

1913 +375.0

1913 +189.0

1913 +130.0

+207.0

+ 89.0

1913 !+265.0

+240.0

- 38.1- 47.3- 25.1

- 32.9- 24.1- 30.0

- 35.7- 25.0- 3.2

- 50.250.7

- 47.1

+ 5.8- 43.7- 16.3f 104.1

- 32.0- 12.3

- 14.2+ 7.3- 4.1- 53.5

- 24.6- 49.8+ 43.0- 34.8

- 67.4+ 39.1- 40.4

- 39.6

- 53.8- 45.6

10.721.614.31.9

22.4

• 17.831.6

- 10.2- 24.1

+ 20.7+ 30.0

- 38.7- 43.1- 53.7 !+ 13.0

ii

- 44.2 ji+ 10.1

|:

44.3

47.3

53.3

25.0

• 27.2

33.9

• 03.357.601.2

40.0• 48.1

51.2

38.459.151.910.1

08.159.4

39.427.741.943.8

+ 3.8- 15.5+ 13.3- 12.8

18.25.8

+ 20.1+ 16.2- 10.4

- 3.5+152.1+ 15.8

+ 0.9+ 8.4+ 16.7

-f 18.8+ 2.8+ 20.0+292.3

+ 18.2|+ 28.2+ 21.6— 3.3

+ 5.1- 8 . 5+ 1.2+ 16.9

Sep-tember

fromAugust.

- 14.9+ 35.5- 6 . 6- 29.6

Octo-ber

fromSep-

tember.

No-vem-ber

fromOcto-ber.

l

- 30.3 | +

- 15.1 -- 18.1 -

o.o;+- 5 .8 ' +

6.3 ++ 10.9 ! +- 36.8 1 +

9.820.829.188.741.8

11.520.4

9.61.8

15.429.157.3

- 12.8 + 5.7

- 1.4 | -+ 24.8 , -- 13.8 +

+ 6.1- 1.0 !

+ 4.8! +- 0.8 ! +- 18.2 ; +

- 1.8 ++ 10.3 : +- 20.0 ' +

+ 20.3 | +- 24.3 i ++ 77.8 ; ++ 9. 8 j

+ 08.0 ; +

+ 28.3+ 24.5+ 40.4- 3.0

+ 8.0+ 30.4

0.0- 0.3

2.72.7

21.3

21.9- 26.1- 7 . 4- 28. 5- 28.3

- 7.2- 8.0

- 14.7- 3 . 7

+ 1.1+ 3.7+ 16. 9

- 14.3

5.31.05.4

8 04.9

12.7

4.6

5.0

33.3

4.5

14.44.8

29.080.518.80.0

4H.S

24.2

0.0

3.6

1.0

3.6

- 7.3+ 3.5- 3 . 7

+ 40 .9

- 4 . 3

- 6 . 3

- 4 .2

+ 1.5- 4.8

+ 0.2- 0.3+ 24.4+ 5.5

+ 15. 4+ 9.2

0.910.2 |8.3 I4.1

in the November issue (No. 4). • Very large percentage increase due to British coal strike.

32

TREND OF BUSINESS MOVEMENTS—Continued.

N U M E R I C A L DATA.

Octo-ber,1921

Novem-ber,11MJ1

Corre-spondingmonth,

1920,Octo-ber or

Novem-ber.

CUMULATIVE TOTALTHROUGH

LATEST MONTH.

1921 1920

BASEYEAR

ORPERIOD.

PERCENTAGE INCREASE (+) OR DECREASE ( - )

Latestmonthfrombase.

Latestmonthfromcorre-spond-

ingmonth,

1920.

Cumu-lative1921fromsame

period,1920.

AugustfromJuly.

Sep-temberfrom

August.

Octo-ber

fromSep-

tember.

No-vem-ber

fromOcto-ber.

TRADE AND INDUSTRY OF FOREIGNCOUNTRIES—Continued.

Denmark.

Total trade (values):Imports thous. of crowns..Exports thous. of crowns..

Exports of key commodities (quantities):Pork products J metric tons..Beef and veal, fresh % metric tons..Butter} metric tons..Eggs, fresh} thousands..

Sweden.

Total trade (values):Imports thous. of crowns..Exports thous. of crowns..

Exports of key commodities (quantities):Lumber (boards, planks, etc.)}

thous. of cu. meters..Wood pulp (dry weight)}

thous. of metric tons..Iron ore} thous. of metric tons..Pig iron} metric tons..

Canada.

Total trade (values):Imports thous. of dollars..Exports thous. of dollars.

Exports of key commodities (quantities):Canned salmon thous. of lbs.Newsprint paper thous. of lbs.Wheat thous. of bushs.Cheese thous. of lbs.

142,092111,962 j .

!

7,570 !.311 ]

7,435

32,244

300,783 j 1,339,010

156,521 ; 1,247,591

3,593 ! 70,449

95 I 5,332

5,667 : 76,228

40,724 ! 539 294

e958,221

c786,819

370

Japan.Total trade (values):

Imports} thous. of yen.Exports} thous. of yen.

54399 |

10,356 |

59,518 64,27181,256 | 87,640

|

10,710 | 5,079131,416 ! 134,110

21,131 j 29,254

17,346 ! 16,008

130,448 j 151,000

111,605 ! 121,000

341

442 i

1,686 i

98,671

148,748

1,228

277

3,756

69,124

739,145

729,508

6,589 ; 42,080

126,762 | 1,273,163

26,134 I 112,362

14,943 128,210

108,023 j 1,451,833

104,606 ; 1,106,487

2,566,5571,442,863

32,33814,82460,799430,866

c-2,648,776

cl, 728,030

3,282

7563,26395,168

1^251,0171,151,854

35,0451,393,847

88,326133,302

2,231,0301,860,990

19131913

1913191319131913

19131913

1913

191319131913

19131913

1913191319131913

1913

1913

+ 99.0 - 52.8+ 86.0 I - 28.5

i

- 28.0 [ + 110.7- 75.0 i+227.4- 1 3 . 0 + 31.2

+ 22.0 - 2 0 . 8

j

j

+ 13.0 + 8.5

24.0 ; - 37.226.0 | - 9.736.0 + 19.2

+ 15.0+ 178.0

— 34.9- 41.1

+ 189.1 - 22.9+448.2 + 5 . 8+248.8 + 11.9+ 23.7 + 7.1

- 47.8- 13.5

+ 117.9- 64.0+ 25.4+ 25.2

63.854.5

- 62.6

- 6 3 . 4+ 15.1- 27.4

40.9

36.7

+ 40.5 - 14.0 + 4.2

+ 36.8 ; - 18.7 I - 10.6

+ 59. 3 — 15.5 |— 6.5

- 9.9 !+ 76.4 |+ 38.9 '

|+ 29.9 ! - 12.2 •— 2.8

+ 12.1 - 11.7 i - 47.6 ;

i i

+ 5.5 ;+ 21.9 !1+ 19.6 ! - 6.4 l

+ 73.8 !+ 58.5 + 14.0

|+ 61.0 ! - 25.7 |+ 10.2- 8.2 j+ 2.0 i - 1.0 i

1 + 119.4 i + 258.7 ! - 43.3 !

+ 4.4 ! - 8.3 I - 0.3

+ 10.5 - 4.4 !+ 36.4-

+ 20.0 +329.9 - 32.9 i+ 92.3+ 14.0 | - 6.3 |+ 7.4

+ 27.2 | + 8.8 |+ 79.9 J+195.8- 3.8 - 37.4 \ + 38.8 - 18.1

8.07.9

- 52.6+ 2.0+ 38.4- 7.7

+ 148.0 + 39.8 - 34.9+ 130.0 +15.7 - 40.5

+ 19.8 ! - 2.2 !+ 1.0 :+ 15.8!+ 7.0 j - 9.2 + 16.4 1+ 7.8

} New data; detailed tables will appear in next issue. c Through September.

33

MINERALS AND CONSTRUCTION MATERIAL.

INDEX NUMBERS.

Based on data from commercial and trade sources.1

[Base year in bold-faced type; numerical data on opposite page.]

MONTH.

1913mo. a v . . .1914 mo. a v . . .1915 mo av1916 mo av

1917 mo av1918 mo. av . .1919 mo. a v . . .1920 mo. a v . . .

1920.JanuaryFebruaryMarchApril

MayJuneJulyAugust

SeptemberOctober. . . .November....December

1921.JanuaryFebruaryMarchApril

MayJune..July.\ugust

SeptemberOctoberNovember....

LEAD.*

Re-ceiptsat St.Louis.

Rela-tive to1913.

100275

289

268

372

164

131

201

311

218

227

110

190

195

196

166

196

192

195

220

133

153

141

163

243

220

181

256

203

182

168

Ship-mentsIromSt.

Louis.

Rela-tive to1913.

100106

109

89

131

138

91

83

103

112

96

38

125

117 '

69

78

102

73

54

35

51

30

57

62

78

73

51

56

52

65

44

ZINC

Re-ceiptsat St.Louis.

Rela-tive to

1913.

1OO

99

110

160

276

124

114

114

92

136

148

74

79

132

106

88

143

140

114

122

78

55

52

33

31

20

24

27

64

62

69

Ship-mentsfrom

St.Louis.

Rela-tive to

1913.

1OO

95

107

114

168

212

203

193

121

155

216

82

177

169

140

174

152

101

146

123

99

60

69

62

67

32

40

64

89

86

88

SILICA BRICK.<

Pro-duc-tion.

Rela-tive to

1919.

1OO

106

130

104

128

109

108

97

88

97

88

110

116

97

83

71

68

25

19

30

14

29

35

35

33

Ship-ments.

Rela-tive to

1919.

1OO

111

92

116

115

105

112

102

93

119

131

122

122

107

62

43

36

32

40

19

24

29

30

37

38

Stocks.

Rela-tive to1919.

100103

113

109

114

115

114

113

111

104

90

86

84

81

95

105

115

113

106

110

107

107

109

108

99

CALIFORNIAWHITE PINE

LUMBER.*

Pro-duc-tion.

Rela-tive to

1918.

1OO

92

111

36

40

50

81

159

166

154

187

163

160

95

42

7

10

11

17

102

143

131

132

112

85

61

Ship-ments.

Rela-tive to

1918.

1OO

117

113

179

110

149

85

130

114

103

132

106

122

78

49

24

59

61

72

95

97

84

113

115

127

104

Stocks.

Rela-tive to

1918.

1OO

108

100

72

58

66

59

75

86

93

125

126

159

142

140

135

140

138

128

122

143

139

151

122

MICHIGANHARDWOOD

LUMBERS

Pro-duc-tion.

Rela-tive to

1917.

1OO

74

72

62

60

63

64

80

56

64

72

68

62

63

48

44

44

49

62

68

58

52

33

35

27

23

32

Ship-ments.

Rela-tive to

1917.

1 0 0

71

74

45

57

50

52

51

50

54

56

53

41

36

24

16

18

15

28

22

27

35

29

31

42

57

48

OHIOFOUN-

DRYIRONJ

Pro-duc-tion.

Rela-tive toMarch,

1921.

1OO

65

77

79

67

97

760

105

97

PE-TRO-

LEUMS

Price,Kan-sas-

Okla-homa,crude.

Rela-tive to1913.

1OO

86

62

135

190

235

244

364

310

321

375

375

375

375

375

375

375

375

375

375

364

207

187

187

161

127

107

107

107

166

228

CHEMICALS.

Price,*drugs,

andPhar-

maceu-ticals.

Rela-tive toAugust,

1914.

1OO

201

196

205

207

206

207

207

206

198

197

195

187

173

160

155

149

141

135

129

126

125

123

119

117

116

1

Price,"essen-

tialoils.

Rela-tive toAugust,

1914.

1OO

213

265

261

268

274

279

279

287

280

267

253

241

226

210

200

189

178

168

165

159

151

142

138

138

135

Price,"crudedrugs.

Rela-tive toAugust,

1914.

1OO

185

202

212

220

219

213

213

211

207

205

198

184

174

162

153

145

141

138

136

135

130

126

123

126

127

See footnotes on opposite page.

34

MINERALS AND CONSTRUCTION MATERIAL.NUMERICAL DATA.

From commercial and trade sources,1

[Rase year in bold-faced type; index numbers on opposite page]

YEAR ANDMONTH.

LEAD.*

Re-ceipts

atSt.

Louis.

Ship-mentsfrom

St.Louis.

ZINC.»

Re-ceipts

atSt.

Louis.

Ship-mentsfrom

St.Louis.

Thousands of pounds.

SILICA BRICK.*

Produc-tion.

Ship-ments. Stocks.

Thousands.

CALIFORNIAWHITE PINE

LUMBER.*

Produc-tion.

M. ft.b. m.

Ship-ments.

M. ft.b. m.

Stocks.

M.ft.b. m.

MICHIGANHARDWOODLUMBER.*

Produc-tion.

M.ft.b. m.

Ship-ments.

M. ft.b. m.

OHIOFOUN-

DRYIRON.?

PETRO-LEUM.

Produc-tion.

Per centof

normal.

Price,Kansas-Okla-homa,crude.

Perbarrel.

1913 mo. av1914 mo. av1915 mo. av1916 mo. av

1917 mo. av191Smo. av1919 mo. av1920 mo. av

5,47615,04815,83814,670

20^3908,9957,195

11,024

8,7539,2999,5167,810

11,42512,0707,9757,298

27,67527,36030,54144,323

76,46134/36931,43031,644 i

28,38526,83430,49032,482

47,759 !

60,060 ' i ! i; 52,56157,66654,881

14,06214,904

14,00815,580

41,75042,911

48,26358,368

|| 45,05131,900 | 267,113l! 33,23437,284 | 2S7,645 ! 32,41336,036 267,276 j 27,906

49,13734,77636,28422,058

10.934.798.583

1.258

1.7752.1972.2793,404-

1920.January 17,038 IFebruary 11,937 |March 12,410 jApril 6,033 '

May 10,387June 10,665July 10,737August ' 9,090

September | 10,725October ! 10,535November 10,704December 12,026

1921.JanuaryFebruary...MarchApril

MayJuneJulyAugust..

SeptemberOctoberNovember

7,3118,3927,7338,916

13,30812,0449,89414,011

11,0989,955 |9,208 !

8,9749,7608,3753,367

10,931

10,2826,0316.7S7

8,9086,3904,7393,063

4,4452,6304,9485,402

6,8196,4164,4284,922

4,5535,6813,833

25,439 I

37,532 |40,87420,434

34,32743,91061,22523,286

21,954 50,32036,470 ! 47,99829,294 39,80624,239 i 49,524

39,57438,72431,53833,660

21,53915,27114,4769,163 !

43,12628,77441,44634,828

28,00217,02519,56.417,586

8,594 j 18,9855,426 ' 9,0876,613 ! 11,4067,596 ; IS, 053

17,585 , 25,40217,110 ' 24,30219,198 | 24,862

18,26714,608 |18,04915,291

15,12713,70712,42413,598

12,34215,42816,35613,653

11,6599,9949,5843,577

2,6214,1501,9934,123

4,9704,8884,572

12,94316,27416,08314,718

15,67314,22612,99716,656

47,23945,546 !|47,512 !!4S.112 ':

47,566 ;47,047 ;46,474 j43,416 I

18,322 37,40917,066 35,77017,039 35,08814,963 33,750

8,656 , 39,7305,980 43,7435,106 j 48,0584,451 47,320

5,5432,6213,3864,014

4 1785,1615,282

44,39945,92844,53544,617

45,43645,16341,379

19,146 !21,240 !26,152 142,573 !

83,34787,51380,72398,324

So, 43984,00349,94022,013

3,6595,4825,576S, 971

53,42375,35768,59769,240

57,19134,94347,50127,076

II192,246154,367175,567157,091

41,356 ; 199,92236,243 ; 229,73332,976 \ 248,64741,963 ; 333,762

33,882 i 337,74338,855 \ 424,85224,766 ! 379,77015,686 i 373,606

7,55418,66519,60022,922

361,100372,835367,374342,177

26,922 '< 28,088 j28,539 | 24,771 I...28,942 j 25,624 jL.35,848 ! 24,859 ;!.

25,062 ! 24,501 ; .28,673 I 26,504 ! .32,444 i 27,321 !!.30,581 ! 25,841 jL

27,812 i 20,02828,424 i 17,53421,604 ; 11,57620,009 ' 8,051

30,273 j 325,209 j31,097 382,202 h26,914 371,804 !i36.150 ; 403,083 Ij

58,94044,47832,040

36,543 I40,460 '33.317

324,761

19,96122,04027,81130,681

26,34523,57214,91215,745

12,21810,26914,204

8,7327,501

13,67010,917

13,314 I17,273 !

14,098 j15,230 i

24.9616.31

19.3419.6416.6724.14 !

20,756 j U4.9428,164 ! 26.0928,472 ! 24.20

2,9003,pOO

3.500

3.500

3.500

3.500

3.500

3.500

3.500

3.500

3.500

3.500

3.400

.938

.750

.750

.500

.188

.000

.000

1.000

1.550

2.130

1 Except price of petroleum from U. S. Department of Labor, Bureau c/ Labor Statistics. The sources of other data are: Receipts and sh ipments of lead a n d l ine ,Merchants* Exchange of St. Louis; Silica brick, Refractories Manufacturers Association; California white pine from California White and Sugar Pine Association; Michiganhardwood lumber from Michigan Hardwood Manufacturing Association; Ohio foundry iron from Ohio Foundry men's Association; Chemical price index numbers from OH,Paint and Drug Reporter.

1 Converted from data in pigs of 50 pounds each.1 Converted from data in slabs of 80 pounds each.« Figures for 1921 are *rom reports of 15 identical mi l l s with a monthly capacity ot 27,305,500 bricks, which is est imated by the association to represent from 78 to 80

per cent of the total silica brick producing capacity of the United States. Figures for earlier years are computed to this capacity from reports o ! 12 identical mi l l s with amonthly capacity of 25,44S,S33 bricks.

• Actual figures reported by about 20 mil ls each month; the number varies from 13 to 26.• Actual figures reported by about 40 mil ls each month; the number varies from 36 to 58, but 48 is the highest number reporting in a n y month since the beginning

of 1919.1 Represents percentage of actual to normal melt of grey iron foundries in Ohio. Prior to September, reports represent the month beginning with the 15th day of the

calendar month. September figures are for the period Sept. 15 to 30 only. Subsequent figures are for calendar months .

• Average price of the month.I Compiled from weekly wholesale quotations ot 35 drugs and pharmaceutical chemicals.10 Compiled from weekly wholesale quotations of 20 essential oils.II Compiled from w««kly w b o l w a l t quotations of 40 crud« botanical drugs.

35

COFFEE AND SUGAR.

(A) INDEX NUMBERS AND (B) NUMERICAL DATA.

Data from Government and non-Government sources.1

[ Base year in bold-faced type.]

Y E A R AND MONTH.

C O F F E E . S U G A R .

Visible supply .

WORLDTOTAL.

Relativeto 1913.

UNITEDSTATES.

Relativeto 1913.

Receipts.

TOTALBRAZIL.2

Clearances.

TOTALBRAZIL

FOR THEWORLD.3

Relative Relativeto 1913. to 1913.

TOTALBRAZIL

UNITEDSTATES.*

Relativeto 1913.

Refined,ncludingmaple.

EXPORTS.

Relative to1909-1913.

A.—INDEX NUMBERS.

COFFEE.

Visible supply.

WORLDTOTAL.

UNITEDSTATES.

Receipts.

TOTALBRAZIL.2

Clearances.

TOTALBRAZIL

FOR THEWORLD. 3

TOTALBRAZIL

FORUNITEDSTATES.4

Thousands of bags.6

SUGAR.

Refined,Including,

maple.

EXPORTS.

Thousandsof pounds.

B.—NUMERICAL DATA.

1909-1913 monthly av .1913 monthly av1914 monthly av1915 monthly av1916 monthly av

1917 monthly av1918 monthly av1919 monthly av1920 monthly av

100998078

72616366

1008489

104

1391036189

1OO121112131

1061328058

1OO122111127

102828490

100125121138

15513691

162

1 0 0

4921,2141,992

1,274513

1,8591,164

11,79711,679

9,441

9,200

7,1877,4257,770

1,8941,5931,6891,970

2,6331,9601,1621,691

9551,1511,0721,249

1,0091,261

762558

9901,2071,1031,261

1,014813

831

393491

474

544

610

536

359

637

6,614

32,53480,278

131,738

84,228

33,941

122,955

76,991

1920.JanuaryFebruaryMarchApril

May....JuneJuly... .August.

September..OctoberNovember..December..

1921.JanuaryFebruaryMarchApril

MayJuneJulyAugust.

September..OctoberNovember..December..

59557772

67625960

66707174

76757675

75

74

73

77

77

76

75

77

83707479

95799096

10210710790

87100108

1091089290

6269

48

42

42

34

4793

146

143150150146

1208390

108

104113121127

121117110

8476

131

758573

104

13010110394

10010911797

737899

101

123107116

9314719082

134138130158

15574

118172

151173181128

55

79

131171199

1,8211,6421,8433,092

2,080

1,080

853

144

317

288

343

467

866

593

387

441

2,039

2,067

2,272

2,012

1,206

585

573

6,958

6,4729,0698,484

7,8817,2726,9107,033

7,7738,2978,3798,716

9,0028,9028,9928,842

8,6638,7208,6399,034

9,0328,9208,8679,076

1,5711,3311,3961,503

1,7921,4941,6991,823

1,9362,0262,0251,696

1,6191,6471,9012,046

2,0582,0371,7471,710

1,6851,3061,1751,298

458

405

397

323

339

448

891

1,398

1,365

1,429

1,436

1,397

1,148

790

857

1,032

994

1,079

1,154

1,216

1,156

1,121

1,055

834748

1,296883

739841723

1,026

1,2861,0021,017

930

1,0761,154

964

727776975

1,2181,0601,145

367

579

746

324

525

542

510

619

290

465

677

594

680

712

503

218

345

386

310

514

673

783

120,438

108,576

121,874

204,514

137,542

71,402

56,447

9,524

20,998

19,051

22,654

30,867

57,307

39,206

25,599

29,169

134,841

136,730

150,295

133,056

79,781

38,665

37,874

1 Data on coffee received from the New York Coffee and Sugar Exchange, Inc.; data on sugar from the Department of Commerce, Bureau of Foreign and Domestic Commerce.2 Represents total receipts at Rio and Santos.3 Represents total clearances from Rio, Santos, and Victoria.4 Represents total clearances from Rio, Santos, Victoria, and Bahia.* A bag of coffee contains 132 pounds.

36

STOCKS OF HIDES AND SKINS.

(A) INDEX NUMBERS AND (B) NUMERICAL DATA.

Based, on data from Government sources,1

[Base years in bold-faced type.]

YEAR AND MONTH, S

PACKERHIDES AND

SKINS.

CallCattle andhides. I kip

skins.

OTHER HIDES AND SKINS.SHEEPj

AND I PACKER HIDESLAMB i AND SKINS.SKINS.il

Green salted. Dry salted.

CATTLEHIDES.

CALFAND KIPSKINS.

CATTLEHIDES.

CALFAND KIPSKINS.

Relative to September, 1920.

Total. Cattlehides.

Calf iand kip iskins, <

OTHER HIDES AND SKINS.SHEEP

ANDLAMB

SKINS.'

Green salted. Dry salted.

CATTLEHIDES.

CALFAND KIP

SKINS.

CATTLEHIDES.

CALFAND KIP

SKINS.

Total.

Thousands of pounds.

A.—INDEX NUMBERS. B.—NUMERICAL DATA.

1920.September \October iNovember ;December |

1931. IJanuary iFebruary l

March \April !

MayJuneJuly 'August

September..October....November..

10053

59

63

62

59

57

56

53

49

43

46

42

41

i o o !•• i o o ! IOO

119 116 i 106122 125 i 98107 136 96

196

149

S8

95

67

63

146

163

169

157

100 I! 16289 !' 17078 I 1516$ l: 142

139

137

99

93

90

97

1019594

i

I94 |94 i

10011693

109

116

111

106

95

114

96

110

107

101

100132

118

104

104

144

131

106

105

151

163

146

163

164

10O 404,025 21,107121 : 215,075 25,166113 238 J43 25,838123 253,076 22,570

117111115116

119

122122124

112116

249,105239,919229,516224,941

215,358199,465174,968186,7S8

169,014165,881

41,30231,34618,49120,072

21,112

18,689

16,397

14,378

14,109

13.209

83,183 34,24396,238 36,41S103,835 33,400112,717 32,766

121,091135,503140,525130,634

134,959141,547125,444117,741

115,223114,002

33,81231,86630,91133,245

33,93134,61732,45132,107

32,138

32,208

16,67219,31115,45518,101

J9.353

18,46817,71815,833

18,95115,93818,26617,788

16,85716,546

4,6406,130

5,469

4,809

4.828

6,668

6,093

4,908

4.8667,0197,5766,791

7,.3747,605

28,08934,

31,

34,

32.

31.

32,

32,

109

764

433

960

225

427

4sl

33.335

34,38834,40534,760

31,51532.663

1 Based on figures compiled by the U. S. Department of Commerce, Bureau of the Census. The data embrace returns from packers, tanners, dealers, importers, and man: t-facturers. As given in the monthly reports by the Bureau of the Census, the returns are expressed in numbers of hides and skins. For the above summary these have t>eenreduced to pounds on the basis of the average weights of each class.

3 Includes skins with and without wool, but does not include weight of wool.

COTTON GINNED.1

[Base year in bold-faced type.

19J9-1913 five-year average... 608 ,5071911 480,3171915 463,8831916 850,6681917 614,787

1918 1,038,0781919 142,6251920 ,. 351.5891921 1,481,788

3,770,6111,835,2142,249,6062,907,950

9,571,4148,844,368

10,141,2937,644,266

10,773,86310,008,92011,554,6487,799,458

1 Data from U. S. Department of Commerce, Bureau of Census.1 As the cumulative ginning is the important factor, relatives here shown are based on the average cumulative ginnings prior to the respective dates instead of on a simple

monthly average.3 Amount ginned prior to Dec. 13. The total amount ginned to the same date last year was 10,876,263 bales.

37

MISCELLANEOUS.

INDEX NUMBERS.

Based on data from Government and trade sources*1

[Base year in bold-faced type; numerical data on opposite page.]

YEAR AND MONTH.

PAPER-EXPORTS.

News-print.

Totalprinting.

paper.

Relative | Relative i

to 1913. I to 1913.

1913 monthly average 1001914 monthly average 141

1915 monthly average 128

1916 monthly average I 178

1917 monthly average j 217

1918 monthly average 224

1919 monthly average 255

1920 monthly average ! 106

1921 monthly average

100122

135

243

247

256

326

164

PRINT-ING." !

ADVER-TISING. '

Activity.

Relativeto Septem-ber, 1920.

News-paper.

Relativeto 1919.

73

75

73

100

114

GLASSBOT- jTLES.3

Produc-tion.

Relativeto 1919.

TELEPHONECOMPANIES.*

Total i Netoperating \ operatingrevenues, income.

Relativeto 1913.

100

104

100104

111

125

142

154

188

231

U. S. G O V E R N -M E N T F I N A N C E S .

Ordinaryreceipts.

Relativeto 1913.

100

100

112

129

127

125

138

146

Relativeto 1913.

100

101

96

108

154

576

642

Ordinarydisburse-ments.

Relativeto 1913.

100

103

107

106

168

1,313

2,250

742

SILVER.

Imports,

Relativeto 1913.

100

72

96

90

149

199

249

246

Exports.

Relativeto 1913.

BONDYIELDS.*

Munici-pal

bonds.

Relativeto 1913.

100

82

85

112

134

403

381

181

10093

95

91

96

103

101

113

114

1920.

January..

February.

March

April

May....

June

July....

August.

September.

October

November..

December..

1921.

January..

February.

March

April

May....

June

July....

August.

September.

October

November..

December..

1067710385

14614597123

6515592

69703035

51173035

312035

146116188152

203188153153

131123221194

1711377054

61354047

413038

108105122120

1OO109

105

82758275

57627584

8084

117100100

111129119116

10190109107

104

8885

100116112

100106113107

1101018178

102124123106

100876868

60544850

507086

218214226236

243241240242

250253243251

262253271277

278280275278

275289

1GS163157149

152133103121

155155148162

173181213232

223-218184193

219220

423380

1,821526

4272,164382

1,510365456

1,544

360412

1,527491

3711,243346402

1,142394324

612519945888

695834539

787

873750749711

617943868

648825566512

468535570

295417316358

270220217148

217164168155

162163130110

233121151263

153251198

471303266314

13184

10586

12610960116

1281025644

45279872

959192

102105109107

112117118118

118116114112

114113114115

115116118118

117115112101

See footnotes on opposite page.

38

MISCELLANEOUS.

NUMERICAL DATA.

From Government and trade sources.1

[Base year in bold-faced type; index numbers on opposite page.]

YEAR AND MONTH.

1913 inonthlv average.191-4 inonthlv average.1913 monthly average1916 monthly average1917 monthly average

1918 monthly average1919 monthly average1920 monthly average1921 monthly average

1920.

January..FebruaryMarch\pril

MavJuneJulyAugust

SeptemberOctoberNovemberDecember

1931.

January..FebruaryMarch.\pril

MayJllTlft

JulyAugust. .

SeptemberOctober.. .NovemberDecember

P A P E R - E X P O R T S .

Newsprint.

Thousands

7,30210,1329,194

12,78915,644

16,12318.37$7.663

7.6685,5627 3876 137

10,52210,4077,0018 853

6,3,644,703

11,1946,048

4,9635,0662,1922 556

3 7091 2032,1312,521

2,2331 4092 513

Totalpr int ing

P»per.

0* pounds.

9,34:511,65412 ^9923.15223.597

24,39531,16015,656

13 94611,10417 98314 478

19,33217,96714,578 !14 580

12 47611 76221,12318,546

16,36913,1016,6825 173

5 7873,3553,8034,512 i

3,8952 8813 643 j

ADVER-TISING.*

Newspaper.

Thousands ofagate lines.

61,440> 62,671

61,067 ;83,S59

95,832

i

90 23887,999

102 288100 671

98,12283,94083 644

93,285108,5S5 ;

99,69997,285 1

1

84 56975,12591,22589 991

86,97073,52271,435

83,83797 53393 812

TELEPHONECOMPANIES.*

Totaloperatingrevenues.

13,13213,72214 52716,45218,700

20,22524,63530,320

28 63428,0452^ 65130 981

31,84931,70331,50131 727

32,88833,12331,93332,903

34,39433,20635,65036,398

36,56036,74336,16036,566

36,06737.905

Netoperatingincome.

3,7103,7094 1394,7854,700

4,6495,1045,415

6,2326,0625 *NO8

5 542

5,634

4,949

3.838

4 499

5,768

5,759

5,501

5,983

6,434

6,706

7,896

8,599

8,275

8,084

6,S29

7,178

8,132

3,168

U. S. GOVERNMENTFINANCES.

Ordinaryreceipts.

Ordinarydisburse-ments.

Thousands of dollars.

| 6 0 , 3 4 361.22358 15964,97293,181

347,834387,300536,006

255 38S229,527

1 099 041317 25S

257,5011,305, .837

230,367398 401

911,307220,035275,421931,989

217,328248,564921,628286,171

223,706750,017209,068242,443

689,328i 237,848

195 483

5 6 , 8 9 85S, 35560 95060,37495,658

747,2111,280,447

422,039

348 294295,457537 541505 329

395.475474,362306,502447 571

496 777426.497426,092404,575

388,179351.102536,476494,091

368,451469,614321,819291,158

266,524304,158324 483

SILVER.

Imports.

2,9892,1632 8742,6894,445

5,9487,4517,338

8,81712,4719 441

10 705

8,0836,5626,4964 420

6,5014,9125,0254,626

4,S354,8623,8723,298

i 6,9563,6274,5137,S53

14,5657,5105 912

Exports.

5,2314,3004 4675,8837,011

21,07119,9189,468

24 62*515 86513 9^916 413

6 8624,4165,4944 489

6 5775,7093,1446,081

6,6915,3372,9192,319

2,3531,4245,1133,743

4,9474,7824 804

BONDY I E L D S . '

Municipalbonds.

Per cent.

4.454.164 234.064.26

4.604.49

j 5.00• 5.08

4 5ft4.664 834 77

4.995.195.265 25

5.275.185.064.97

5.065.055.075.11

5.125.185.265.24

5.225.135 004.50

1 Newspaper advertising, from statistical department of the New York Evening Post; Municipal bond yields from The Bond Buyer; Printing activity from UnitedTypotheiae of America; Imports and exports of paper and silver from U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce; Telephone and telegraphoperations from reports by companies to Interstate Commerce Commission; Government receipts and disbursements from daily statement of the U.S. Treasury; Glass bottleproduction from National Bottle Manufacturers A ssociation.

5 Compiled from 22 identical cities: New York, Chicago, Philadelphia, Detroit, Cleveland, St. Louis, Boston, Baltimore, Los Angeles, Buffalo, San Francisco, Milwaukee,Washington, Cincinnati, New Orleans, Minneapolis, Indianapolis, Columbus, Louisville, St. Paul, Birmingham, and Houston. For the year 1916 to 1918, no reports wereavailable for Boston, Louisville, Houston, and Columbus. The totals for those years were computed from the actual reports of the 18 other cities,allowing 13.85 per centof the total to the four missing cities, the average ratio of those cities to the total in the subsequent years.

3 Glass bottle production index based on reports of identical firms representing approximately 90 per cent of the capacity of the industry.• Combined reports of 10 largest telephone companies.5 Based on market yield of bonds of 20 large cities at the first of each month.«Printing activity based on productive hours reported by plants in 52 cities in 30 states, each department being weighted for the combined index number.

39

DEPARTMENT STORE TRADE.PERCENTAGE NUMBERS.

Based on data from commercial and trade sources.1

COMPARISON OF NET SALES WITH CORRESPONDING MONTHS OF PRECEDING YEAR.

YEAR AND MONTH.Percentage increase or decrease. (A minus sign [— ] denotes decrease.)

F E D E R A L R E S E R V E DISTRICT N U M B E R —

1919 month ly average.1920 monthly average.

4218 20

1920.January...February.MarchApril

May3 uneJulyAugust..

September.OctoberNovember.December..

1921.January...February.MarchApril

MayJuneJulyAugust.

35183819

21282011

151

11

2

7

2o

3- 1 2- 5

September —10October 4

6516

35282416

46

12- 2

- 51

- 5- 1

- 1 0- 7

- 1 2- 5

22 27

22183812

51342423

1516.96

3

4

2

- 0 . 4

- 7- 1 2- 4

- 1 5- 3

294618

31323026

25212615

46

- 0 . 41

- 6- 1 4- 2 1- 2 1

-24- 1 5

- 0 . 314234

11211621

812135

593

- 1

3- 4

- 1 2- 1 0

- 1 6- 6

20 37

27

23

31241228

1325153

1- 6

- 2 0

- 1 7- 1 7- 2 1- 2 1

- 2 3- 1 5

48526533

50604133

29101810

- 1 1- 5- 3- 3

- 1 3- 1 8- 1 5- 1 9

- 1 5- 1 0

21

1211115

- 0 . 4- 3- 1- 3

- 2- 8

- 1 7- 1 2

- 1 8- 8

129

- 0 . 3- 3

31

- 1 2- 7

- 1 1- 5

- 1 5- 1 7- 2 2- 1 1

- 1 8- 1 3

1 0 1 1

5522

2520

11131410

8- 2

9

- 1 24

- 8

- 3

- 5- 1 1- 1 1

- 1 4- 7

26

26

121513

- 3

- 9- 5

- 1 8- 1 8

- 1 7- 1 7- 2 2- 2 3

- 2 3- 1 7

52313814

31282122

158

11- 4

- 1 4

—1

- 9

- 4- 8

- 1 3

- 9

- 6

P E R C E N T O F A V E R A G E S T O C K S A T E N D O F E A C H M O N T H C O M P A R E D W I T H S A M E M O N T HO F P R E C E D I N G Y E A R .

1919 month ly average 251920 month ly average 28

1920.

32

January...February.MarchApril

MayJuneJulyAugust..

September.OctoberNovember.December..

1921.January...February.MarchApril

MayJuneJulyAugust.

September.October....

303S4345

44413226

21128

- 1

- 1 1- 2

- 1 6- 1 9

- 1 8- 1 7- 1 6 !- 1 8 !

- 1 8 :

- 1 1

54

49434029

19175

- 5

- 1 2- 1 8- 2 2- 2 2

- 1 7- 1 2- 2 1- 2 0

- 1 8- 1 6

20 43

10162426

30272831

2116104

- 5- 1 2- 1 9- 1 9

- 1 5- 1 2- 1 4- 1 7

- 1 6- 1 6

495864

57

53

48

40

34352312

- 0 . 4- 1 3- 1 7- 1 8

- 1 8- 1 9- 2 0- 1 9

- 2 0- 2 1

37 34

38575260

67574530

21155

- 4

- 2 2- 2 5- 2 6- 2 6

-24

-24

-22

-18-16

4130

50

47

52

40

373016

- 0 . 2

-14-13-12

-12-17-22-20

-18-18

54 25 17 32

43526540

50777064

56594028

-16-13-14-21

-19-21-20-22

-22-21

24

35811716

-10-12-12-13

-11-10-9-11

-13-13

19

31

13IS

23167

-4

-11-23-15-19

-24-27-22-21

-18

-17 !

3943

41404439

292512

-15-18-21-22

-20-17-15-15

-14-11

7060

53

42

S3

-13-16-18-18

-21-23-28-26

-26

-24

38485856

53

53

40

25

211620

0.3

0.4- 8

- 2 3- 1 4

- 1 4- 2 1- 1 8

-16-17

1 Compiled by ihe National Retail Dry Goods Association from data supplied by the Federal Reserve Banks.

40

DEPARTMENT STORE TRADE.PERCENTAGE NUMBERS.

Based on data from commercial and trade sources.1

YEAR AND MONTH.

1919 monthly average..

1920 monthly average..

STOCKS AT END OF MONTH COMPARED WITH PREVIOUS MONTH.

Percentage increase or decrease. (A minus sign [—] denotes decrease.)

FEDEBAL RESERVE DISTRICT NUMBER—

0.3 - 1 . 4 9.4 - 0 . 3 0.9

1 0 1 1

0.70.8

15

1920.January —5FebruaryMarchApril-

MayJuneJulyAugust.

September.OctoberNovember..December..

1931.January...February.MarchApril

MayJuneJulyAugust -

September.October

10

- 5

4

10- 2

5- 1 9

- 1 316

- 2

—4

11

26- 0 . 4

- 5- 6- 1

1- 6

- 2 1

4

- 2

- 6

- 4

7

125

125

- 7

- 3

3

1- 5

- 1 7

- 1 2661

0.2

- 2

- 5

- 0 . 7

7

3

45127

- 1- 1- 1

5- 6

- 2 0

-153

- 3- 3- 6

7

10

101114

- 0 . 1

2- 9

32

100.1

- 8- 2 6

- 1 6984

- 2

—4

- 2

7

173

- 164

- 0 . 4

- 3- 3- 0 . 4

5

112

1556100.0

2

0.0

5

1

6

-24

- 2

1

- 3

- 4

- 1

12

2

- 4

- 1 9

0.2

- 2

- 1

- 4

70.5

13

- 53

71A

- 1 9

- 99

10

5—2

- 5

- 2 4

- 1

10

6

2

- 4

- 9

7

13

6

0.5

822

7- 3- 9

- 2 9

- 3- 5- 2

17

7

0.3

28

32

27

22

23

23

22

14

10

1

- 3

- 1 4

- 4

2

53

-0.75

4

0.6

1 Compiled by the National Retail Dry Goods Association from data supplied by the Federal Reserve Banks.

WAGES, COMMON LABOR.1

(A) INDEX NUMBERS AND (B) NUMERICAL DATA.

Based on data from trade and commercial sources,

[Base year in bold-faced type.]

YEAR AND MONTH.

February 1,1913...February 1,1916...May 1,1916 ...December 16,1916.May 1,1917October 1,1917April 16,1918

Relativeto 1913.2

A. INDEXNUM-BERS.

1OO110

125

138

150

165

190

Per hour . Per10-hour day.

B.-NUMERICALDATA.

YEAR AND MONTH.

Relativeto 1913.2

A. INDEXNUM-BERS.

$0.20.22.25.275.30.33.38

$2.002.202.502.753.003.303.80

August 1,1918...October 1,1918...February 1,1920.May 16,1921July 16,1921August 29, 1921..

210231

253

204

185

150

Per hour. Per10-hour day,

B.—NUMERICALDATA.

$0.423.42.46.37

*.37.30

$4.204.625.064.073.703.00

1 In effect in plants of United States Steel Corporation in the Pittsburgh district beginning on dates mentioned.2 Per 10-hour day.3 Basic 8-hour day adopted with provision for payment of time and a half for overtime.< Basic 8-hour day abrogated.

41

STOCKS OF COAL IN THE UNITED STATESON THE FIRST DAY OF SELECTED M O N T H S REPORTED BY IDENTICAL FIRMS

(A) INDEX NUMBERS AND (B) NUMERICAL DATA.

Data from Government sources.^

[Base year in bold-faced type.]

I N D E X NUMBERS.

BITUMINOUS. ANTHRACITE.

By-productcoke plants.

Numjber of firms reporting..

Other indus-* trial plants.

Coal-gasplants.

Electric util-ity, plants.

Retail coaldealers. Railroads.

57 2,001 10S 256 1,080

Total .

3,877

Retail coaldealers.

Pro-ducers.

674

YEAR AND MONTH. Relative to January, 1919.

1919^

JanuaryApril

1920.March

June

1921.

January

April

August

November

1 0 070

36

24

67

67

49

60

1 0 076

33

34

59

53

49

50

10066

40

36

77

56

56

65

100

87

83

98

101

112

10072

36

31

71

64

64

74

1OO

83

60

76

123

161

149

1OO

152

101

55

182

518

NUMERICAL DATA.

Thousands of net tons.

1919.JanuaryApril

3,3812,383

1920.

March

June

January

April

August

November. . . .

* 1,210

*800

2,261

2,256

1,640

2.021

3 ,449

2,627

»1,130

»1,108

2,052

1..S31

1,696

1,732

9,1386,065

3,651

3,247

7,018

5,101

5,074

5,957

6 9 1

598

287

196

574

675

700

772

2,099

1,928

1,070

1,050

2,101

2,103

1,869

2,255

1,817

1,137

759

535

1.514

1,275

1,844

2,066

3 1 1 , 7 4 3

<3,520

< 2,898

7,542

7,540

(3)

8,958

32,31823,337

11,627

23,062

20,781

20,574

23,761

9 9 4

858

825

599

751

1,224

1,604

1,482

Thousandsgross tons.

8662,475

1,318

877

476

1,578

4,487

1 V. S. Department of Commerce, Bureau of the Census, in cooperation with U. S. Geological Survey. The total bituminous reported is estimated to be roughly half ofthe bituminous stocks in the country; the total for the United States on Nov. 1,1921, being placed at 47,400,000 tons. In the future it is proposed to obtain similar reportsat intervals of 00 days. 3 Largely estimated. 3 No data available; estimate included in total figure. 4 Data not entirely comparable with others.

ILLUMINATING GLASSWARE.1

(A) INDEX NUMBERS AND (B) NUMERICAL DATA.

Based on data from trade and commercial sources.

[Base year in bold-faced type.]

YEAR AND MONTH.

1921.

May

June

July

August

September

October

November. . . .

O R D E R S , PRODUCTION AND S H I P M E N T S .

! Netordprs A c t u a l pro- S h i p m e n t s i x t o r d e r s Actual S h i p m e n t sNet orders. d u c t i o n . billed. I > e t o m e r s * product ion. billed.

Relative to May, 1921. Per cent of capacity.

A.—INDEX NUMBERS. B.—NUMERICAL DATA.

1OO82 '

49 :

70

92

133

137

1 0 0110

48

46

71

115

162

too102

92

62

85

132

159

37

30.5

18

25.9

34

49.3

50.6

31.9

35.1

15.2

14.7

22.6

36.6

51.7

30.8

31.3

28.3

19.1

26.2

40.7

49.1

1 Based on reports of identical firms of (he Illuminating Glassware Guild, estimated lo represent from 70 to 75 per cent of thecapacity of the industry.

42

SOURCES OF DATA.

SOURCE.

REPORTS FROM GOVERNMENT DEPARTMENTS, BOTH FEDERAL AND STATE.

AVSTRALIAN COMMONWEALTH'S Bu- i Price index for Australia.R£AU OP CENSUS AND STATISTICS. \

BANK OF JAPAN.

CANADIAN DEPARTMENT OF LABOR

FEDERAL RESERVE BOARD

FEDERAL TRADE COMMISSION.

Price index for Japan.

Price index for Canada.

Foreign exchange index numbers.Debits to individual accounts.Condition of Federal Reserve Banks.Condition of reporting member banks.Money held outside U.S. Treasury »nd

Federal Reserve System.Wholesale price index numbers.Department store trade; (in cooperation

with National Retail Dry Goods Asso-ciation) .

Paper and wood pulp production, prices,

INDIAN DEPARTMENT OF STATISTICS. . . Price index for India.

INTERSTATE COMMERCE COMMISSION.

NEW YORK FEDERAL RESERVE BANK.

NEW YORK STATE DEPARTMENT OFLABOR.

PANAMA CANAL

U.S. DEPARTMENT OF AGRICULTURE-BUREAU OF ANIMAL INDUSTRY.

U.S. DEPARTMENT OF AGRICULTURE-BUREAU OF MARKETS AND CROP ES-TIMATES.

U. S. DEPARTMENT OF COMMERCE-BUREAU OF THE CENSUS.

Railway revenues and expenses.Telephone operating revenue and income.

Foreign exchange rates.

New York State factory employment andearnings.

Panama Canal traffic.

Beef and pork production.

Wholesale prices of farm products toproducer.

Wool consumption and stocks.Crop production.Cold storage holdings.Shipments of cattle, hogs, and sheep.Receipts and cold storage holdings of

butter, cheese and eggs.Production of condensed and evaporated

milks.

Cotton ginned.Cotton consumed and on hand.Active woolen machinery hours.Active textile machinery.Leather production and stocks.Cotton seed and cottonseed oil.Stocks of tobacco held by manufacturers

and dealers.Fats and oils, production, consumption,

and stocks.Stocks of hides and skins.Stocks of coal.

U. S. DEPARTMENT OF COMMERCE-BUREAU OF FOREIGN AND DOMESTICCOMMERCE.

U. S. DEPARTMENT OF COMMERCE-BUREAU OF NAVIGATION.

U. S. GRAIN CORPORATION

U. S. DEPARTMENT OF THE INTERIOR-BUREAU OF MINES.

U. S. DEPARTMENT OF THE INTERIOR-GEOLOGICAL SURVEY.

U. S. DEPARTMENT OF LABOR—EM-PLOYMENT SERVICE.

U. S. DEPARTMENT OF LABOR—BU-REAU OF IMMIGRATION.

U. S. DEPARTMENT OF LABOR—BU-REAU OF LABOR STATISTICS.

17. S. POST OFFICE DEPARTMENT

U. S. TREASURY DEPARTMENT

V. S. TREASURY DEPARTMENT—BU-REAU OF INTERNAL REVENUE.

U. S. WAR DEPARTMENT—ENGINEERCORPS.

WISCONSIN INDUSTRIAL COMMISSION...

All imports and exports.Tonnage of vessels, entered and cleared

in United States foreign trade.Data on trade of foreign countries.Vessels under construction and vessels

completed.

Wheat flour production, prior to July,

Gasoline, production, etc.

Portland cement, production, etc.Anthracite coal, production.Bituminous coal, production.Beehive coke, production.By-product coke, production.Crude petroleum, production, etc.

Number on payroll—United States fac-tories.

Immigration and emigration statistics.

Wholesale prices of commodities, includ-ing farm products, food, clothing,metals, etc.

Wholesale price index.Retail price index of foods.

United States postal savings.Postal receipts.

Total United States interest-bearing debt.Liberty and Victory loans and War

Savings securities.Customs receipts.Receipts and disbursements.

Oleomargarine consumption.Production of manufactured tobacco,

snuff, cigars and cigarettes.

Iron ore movement.Sault Ste. Marie Canal traffic.Wisconsin factory earnings and em-

ployment.

REPORTS FROM TRADE ASSOCIATIONS AND PRIVATE ORGANIZATIONS.

ABERTHAW CONSTRUCTION CO

ABRASIVE PAPER AND CLOTH MANU-FACTURERS' EXCHANGE.

AMERICAN FACE BRICK ASSOCIATION. ..

AMERICAN IRON AND STEEL INSTITUTE

AMERICAN RAILWAY ASSOCIATION

AMERICAN ZINC INSTITUTE

ANTHRACITE BUREAU OF INFORMATION

BOLT, NUT, AND RIVET INSTITUTE

BRIDGE BUILDERS AND STRUCTURALSOCIETY.

BUREAU OF RAILWAY ECONOMICS

CALIFORNIA REDWOOD ASSOCIATION.

CALIFORNIA WHITE AND SUGAR PINEASSOCIATION.

F. W. DODGE CO

EASTERN BAR IRON INSTITUTE..

FEDERATION OF IRON AND STEELMANUFACTURERS (BRITISH).

ILLUMINATING GLASSWARE GUILD

Building costs.

Sales of abrasives.

Face brick production,stocks, etc.

Steel ingot production.

Freight car surplus.Freight car shortage.Car loadings.Bad-order cars.

Production and stocks of zinc.

Anthracite shipments and stocks.

Bolts, nuts, and rivets, orders and ship-ments.

Fabricated structural steel sales.

Number of tons carried 1 mile.Average receipts per ton-mile.

Redwood lumber production, etc.

White pine lumber production, stocks,,etc.

Building statistics—Contracts awarded.

Bar-iron shipments.

British iron and steel production.

Illuminating glassware production, orders,etc.

KNIT GOODS MANUFACTURERS OFAMERICA.

LEATHER BELTING EXCHANGE.

MOTOR AND ACCESSORY MANUFAC-TURERS' ASSOCIATION.

MERCHANTS' EXCHANGE OF ST. LOUIS.

MICHIGAN HARDWOOD MANUFACTUR-ERS' ASSOCIATION.

NATIONAL ASSOCIATION OF FINISHERSOF COTTON FABRICS.

NATIONAL ASSOCIATION OF SHEET ANDTIN PLATE MANUFACTURERS.

NATIONAL ASSOCIATION OF WOOLMANUFACTURERS.

NATIONAL AUTOMOBILE CHAMBER OFCOMMERCE.

NATIONAL BOTTLE MANUFACTURERS'ASSOCIATION.

NATIONAL INDUSTRIAL CONFERENCEBOARD.

NATIONAL RETAIL DRY GOODS ASSO-CIATION.

NEW YORK METAL EXCHANGE

|i OAK FLOORING MANUFACTURERS' AS-SOCIATION.

Knit underwear production, etc.

Sales of leather belting.

Motor accessory sales and credit con-ditions.

Receipts and shipments of lead and zinc.

Hardwood lumber production and ship-ments.

Finished cotton goods production, etc.

Sheet-metal production and stocks.

1913 figures for active textile machinery.

Production and shipments of passengercars and trucks.

Glass bottle production index.

Cost of living.

|Department store trade. (See Federal Re-serve Board.)

Stocks of tin.

Oak flooring, production, etc.

OHIO FOUNDRYMEN'S ASSOOATION | Ohio foundry iron production.

43

SOURCES OF DATA—Continued.

REPORTS FROM TRADE ASSOCIATIONS AND PRIVATE ORGANIZATIONS—Continued.

REFRACTORIES MANUFACTURERS' AS-SOCIATION.

Fire-clay production, etc.Silica brick production, etc.

RUBBER ASSOCIATION OF AMERICA i Automobile tires,tubes, and raw material.

SILK ASSOCIATION OF AMERICA Raw silk consumption, etc.

SOUTHERN PINE ASSOCIATION i Yellow pine production and stocks.

STEEL BARREL MANUFACTURERS' AS- I Steel barrel shipments.SOCIATION.

TANNERS' COUNCIL. Leather production.

U. S. STEEL CORPORATION.

UNITED TYPOTHET^E OF AMERICA

WEST COAST LUMBERMEN'S ASSOCIA-TION.

WEBBING MANUFACTURERSCHANGE.

E X -

WESTERN PINE MANUFACTURERS' AS-SOCIATION.

Unfilled drders.Earnings!Wages of common labor.

Printing activity.

Douglas fir lumber production, etc .

Sales of elastic webbing.

Western pine lumber production, etc.

REPORTS FROM TECHNICAL PERIODICALS.

AMERICAN METAL MARKET

THE ANNALIST

THE BOND BUYER

BRADSTREET'S

BULLETIN DE LA STATISTIQUE GEN-ERA LE.

COMMERCIAL AND FINANCIAL CHRONI-CLE.

Dow, JONES & Co. (Wall St. Journal).

DUN'S REVIEW

ENGINEERING AND MINING JOURNAL.

ENGINEERING /^KWS RECORD

Compositepigiron and steel prices.

New York stock sales.New York closing stock prices.

State and municipal bond issues.Municipal bond yields.

Visible supply of wheat and corn.Bank clearings.Price index.

Price index for France.

Cotton (visible supply).Interest rates.Mail-order and chain-store sales.

New York bond sales.| New York bond prices.

| Business failures.! Price index.

Copper production.

Construction cost index.Silver prices.

FRANKFURTER ZEITUNG.

IRON AGE

IRON TRADE REVIEW

LONDON ECONOMIST

NEW YORK JOURNAL OF COMMERCE.

NEW YORK EVENING POST

OIL, PAINT, AND DRUG REPORTER

OIL TRADE JOURNAL

PRICE CURRENT-GRAIN REIDRTKR . . .

PRINTERS' INK

RUSSELL'S COMMERCIAL NEWS

STATISTICAL SUGAR TRADE JOURNAL.

Price index for Germany.

Pig-iron production.Composite finished steel price.

Iron and steel prices.

Price index for United Kingdom.

Dividend and interest payments.New capital issues.New incorporations.Firelosses.

Newspaper advertising.

Price indexes of drugs, oils, etc.

Mexican petroleum shipments.

Receipts and shipments of wheat andcorn.

Magazine advertising.

Wheat flour production, from July, 1920.

Sugar stocks and meltings.

O