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UNITED STATESDEPARTMENT OF COMMERCE
WASHINGTON
SURVEY OFCURRENT BUSINESS
JANUARY, 1927No. 65
COMPILED BY
BUREAU OF THE CENSUSBUREAU OF FOREIGN AND DOMESTIC COMMERCE
BUREAU OF STANDARDS
IMPORTANT NOTICEIn addition to figures given from Government sources, there are also incorporated for completeness ofservice ficwrqs from other sources generally accepted by the trades, the authority and responsibilityfor which are noted in the "Sources of Data" on pages 152-155 of the August semiannual issue
Subscription price of the SURVEY OF CURRENT BUSINESS is $1.50 a year; single copies (monthly), 10 cents, semiannualissues, 25 cents. Foreign Subscriptions, 22,25; single copies (monthly issues), including postage, 14 cent£; semiannualissues, 36 cents. Subscription price of COMMERCE REPORTS is $4 a year; with the SURVEY $5.50 a year. Make,remittances only to Siiperintendeni: 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
WASHINGTON I GOVERNMENT PRINTING OFFICE : |9J7Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
INTRODUCTION
THE SURVEY OF CURRENT BUSINESS is designed to
Eresent each month a picture of the business situationy setting forth the principal facts regarding the vari-
ous lines of trade and industry. At semiannual inter-vals detailed tables are published giving, for each item,monthly figures for the past two years and yearlycomparisons, where available, back to 1913; also blanklines sufficient for six months have been left at thebottom of each table enabling those who care to doso to enter new figures as soon as they appear (seeissue for August, 1926, No. 60). In the interveningmonths the more important comparisons only aregiven in the table entitled "Trend of business move-ments/'
ADVANCE SHEETS
Realizing that current statistics are highly perish-able and that to be df use they must reach the businessman at the earliest possible moment, the departmenthas arranged to distribute advance leaflets every weekto subscribers in the United States. The leafletsare usually mailed on Tuesdays and give such infor-mation as has been received during the precedingweek. The information contained in these leafletsis also reprinted in "Commerce Reports," issuedweekly by the Bureau of Foreign and Domestic Com-merce. The monthly bulletin is distributed as quicklyas it can be completed and printed.
BASIC DATA
The figures reported in t^e accompanying tables arevery largely those already in existence. The chieffunction of the department is to bring together thesedata which, if available at 11,; are scattered in hun-dreds of different publications. A portion of thesedata are collected by Government departments, otherfigures are compiled by technical journals, and stillothers are reported by trade associations.
RELATIVE NUMBERS
To facilitate comparison between different items andrender the trend of a movement more apparent, rela-tive numbers (often called "index numbers," a termrefining more particularly to a specialkind of numberdescribed below) have been calculated. The relativenumbers enable the reader to see at a glance thegeneral upward or downward tendency of a move-ment which can not so easily be grasped from theactual figures.
In computing these relative numbers the last pre-war year, 1913, or m some instances a five-year aver-age, 1909-1013, has been used as a base equal to 100wherever possible.
The relative numbers are computed by allowing themonthly average for the base year or period to equal100. If the movei&ent for a current month is greater
* than the base, the relative number will be greater than100, and vice versaL The difference between 100 andthe relative number will give at once the per centincrease or decrease compared with the base period.Thus a relative number of 115 means an increase of 15
per cent over the base period, while a relative numberof 80 means a decrease of 20 per cent from the base.
Relative numbers may also be used to calculate theapproximate percentage increase or decrease in a move-ment from one period to the next. Thus, if a relativenumber at one month is 120 and for a later month itis 144 there has been an increase of 20 per cent.
In many instances comparable figures for the pre-war years are not available, and in such cases the year1919 has usually been taken as the base. For someindustries 1919 can not be regarded as a proper base,due to extraordinary conditions in the industry, andsome more representative period has been chosen.In many cases relative numbers of less importancehave been temporarily omitted.
Most of the relative numbers appear in a specialsection of the semiannual issues, as in Tables 111 to131 of the August, 1926, number, thus allowing easycomparison on a pre-war base for all items for whichrelatives could be computed.
INDEX NUMBERSWhen two or more series of relative numbers are
combined by a system of weightings the resultingseries is denominated an index number. The indexnumber, by combining many relative numbers, isdesigned to show the trend of an entire group of in-dustries or for the country as a whole, instead of forthe single commodity or industry which the relativenumber covers. Comparisons with tHe base year orwith other periods are made in the same manner as inthe case of relative numbers.
RATIO CHARTSIn many instances the charts used in the SURVEY
OF CURRENT BUSINESS are of the type termed "RatioCharts" (logarithmic scale), notably the Businessindicator charts on page 2. These charts show thepercentage increase and r allow direct comparisonsbetween the slope of one curv£ and that of any othercurve regardless of its location on the diagram; thatis, a 10 per cent increase in an item is given the samevertical movement whether its curve is near the bot-tom or near the top of the chart.
The difference between this and the ordinary formof a chart can be made clear by an example. If acertain item* having a relative number of -400 in on&month, increases 10 per tfent in the following month,its relative number will be 440, and on an ordinarychart would be plotted 40 equidistant scale pointshigher than the preceding month. Another move-ment with a relative number of, say, 50 also increases10 per cent, making its relative number 55. On theordinary (arithmetic) scale this item would rise only 5equidistant points, whereas the previous item rose 40points, yet each showed the same percentage increase.The ratio charts avoid this difficulty aftd give to eachof the two movements exactly the same vertical riseand hence the slopes of the two lines are directlyComparable. The ratio charts compare percentagechanges, while the arithmetic charts compare absolutechanges.
This issue presents practically complete data for the month of November and also items covering the early weeks ofDecember received up to December 27. (See charts and table, pp. 4 and 5.) As most data covering a particular month'sbusiness are not available until from 15 to 30 days after the close of the month, a complete picture of that month'soperations can not be presented at an early date9 but the advance leaflets give every week the latest data available.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
UNITED STATES DEPARTMENT OF COMMERCEWASHINGTON
SURVEY OFCURRENT BUSINESS
COMPILED BY
BUREAU OF THE CENSUS : : BUREAU OF FOREIGN AND DOMESTIC COMMERCE BUREAU OF STANDARDS
No. 65 JANUARY 1927
C O N T E N T SSUMMARIES
PagePreliminary summary for December 1Course of business in November 9Monthly business indicators (table and chart) 2, 3Weekly business indicators (table and chart) 4, 5Wholesale price comparisons (table and charts) 6, 7,11Indexes of business:
Condensed summary 9Text and chart 10Detailed indexes (production, prices, sales, etc.) 22
Basic steel and related products (charts) 8
NEW DETAILED TABLES
Census of manufacturesClay products and nonclay refractoriesDomestic water softenersFactory labor turnover
19161311
INDEX BY SUBJECTS Textpage
Textiles 12Metals, metal products, automobiles, etc 12Fuels .... 14Hides and leather 14Rubber _ .Paper and printing 14Building construction and housing 15Lumber products 15Stone, clay, and glass products 15Chemicals and oils 16Foodstuffs 17Tobacco 18Transportation and public utilities 19Employment and wages. 11Distribution movement (trade, advertising, etc.) 19Banking, finance, and insurance 19Foreign exchange and trade, gold and silver 20
Tablepage2527303132323334353638414143444547
PRELIMINARY SUMMARY FOR DECEMBER^ Measured by check payments, the dollar volumeof trade in December, as seen from early weeklyreports, was somewhat below a year ago. The pro-duction of coal and petroleum was greater than lastyear, while the output of lumber and beehive cokewas running smaller.. The volume of goods movinginto consumption, as seen from car loadings, was onabout the same level as last year. Contracts awardedfor new construction were smaller than a year ago.
Wholesale prices continued to average lower andduring the month reached the lowest level in almosttwo and a half years. Loans and discounts of Fed-
25368—27 1
eral reserve member banks showed little change fromthe previous month, but were well above a year ago.Kates on call money averaged higher than in Novem-ber, but were generally lower than a year ago, withsimilar comparisons for time money. Stock prices,both industrial and railroad, averaged higher thanin November and a year ago. Loans to brokers anddealers by Federal reserve member banks in NewYork City expanded during the month. Businessfailures were more numerous than in either the pre-ceding month or December, 1925.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
MONTHLY BUSINESS INDICATORS: 1920-1926[Ratio charts— see explanations on inside front cover. The curve on bank debits has been adjusted for normal seasonal variations and that on manufacturing production
for the varying number of working days in the month]
350
RELATIVE TO 1913 AS 1001920 1921 1922 1923 1924 1925 1926
PRICES 25 INDUSTRIAL STOCKS
INTEREST RATES, COMMERCIAL PAPER
100250200
I I I IWHOLESALE PRICES (DEPT.OF LABOR )
-FARM PR ICES (DEPT. OF AGRICULTURE)-
RELATIVE TO 1918 AS 100
1920 1921 1922 1923 1924 1925 1926200
1920 1921 1922 1923 1924 1925 1926
WHOLESALE TRADE
DEPT,' STORfe TRADE (359 STORES)
MANUFACTURING PRODUCTION, , I , I
(Q4.CQ^.MOPIT.IE
AUTOMOBILE PRODUCTION( PASSENGER CARS AND TRUCKS;
1920 192! 1922 1923 1924 1925 1926
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
MONTHLY BUSINESS INDICATORS
The following table gives comparative relative numbers for a selected list of important business movements. It is believedthat this table will prove useful, because it segregates from the large mass of material a comparatively small number of items whichare often regarded as indicative of business in general.
The table has been divided into two parts, the first containing those items for which relative numbers can be calculated, using1913 as a base. The second part contains items for which comparable data back to 1913 are not available. This latter group ofrelative numbers is calculated by letting the 1919 monthly average equal 100. Care should therefore be exercised in comparing theabsolute value of the two sets of data. In either group, however, the upward or downward trend of the relative numbers, comparedto previous months, does reflect the present tendency in each item and will give a basis for business judgment.
ITEM
Production:Pig ironSteel ingotsCopper . ._ ....Cement (shipments)Anthracite coal . „Bituminous coalElectric energy (gross revenue sales)Crude petroleumCotton (consumption)Beef.Pork
Unfilled orders:United States Steel Corporation
Stocks:Crude petroleum 1 . .Cotton (total)
Prices: >Wholesale indexRetail foodRetail coal, bituminous . ...Farm products
Business finances:Defaulted liabilitiesPrice 25 industrial stocksPrice 25 railroad stocks .
Banking:Clearings, New York CityClearings, outsideCommercial paper interest rate.
Distribution:Imports (value).. .Exports (value)Sales, mail-order
Transportation :Freight, net ton-miles
Production:Lumber •Building contracts
Stocks:Beef.Pork
Business finances:Bond prices (40 issues)
Banking:Debits outside New York City.Federal Reserve —
Bills discounted...Total reservesRatio
MONTHLY AVERAGE
1930 1921 1922 1923 1924 1925
1925
Sept. Oct. Nov. Dec.
1926
Jan. Feb. Mar.,\pr. May June July Aug. Sept. Oct. Nov.
1913 monthly average =100
1201359910898119283178105119113
170
143155
226203207205
10818467
257275134
294331264
137
546438107998731218997113117
90
171198
147153197116
22913664
205212118
140181188
105
87114801315885349224109126130
96
265153
149142188124
22816975
23023080
177154204
115
130144120153104118407295117130160
102
311125
154146190135
19718572
22627690
212168259
139
1011221281649910143428799133151
68
369111
150146169134
19819881
26428471
201185284
131
11814613617768109470304115139128
73
290129
159145167147
16226299
30031573
236198327
139
1061382322401
11745031310414497
63
287129
160159163144
134280102
27631676
234203309
151
1181541382071
133495311117173122
70
284185
158162170143
129298102
32935880
250237464
161
1181551311372
127535297117137127
78
283216
158167179144
157305107
29832379
252216396
149
127158135943
132558294124152162
85
278237
156166179143
160305111
34234879
266226473
139
130164138772
135578288125139168
83
278226
156164179143
191309111
34434179
279192336
138
1141511327927117559264122120127
78
274213
155162179143
150309109
27228875
260170322
130
134178147129115116545293136136136
74
274192
152160170140
134272105
35633978
297181357
141
135163143175108101537290124137120
65
273168
151162168140
169249104
32932476
266187344
133
13615614324310698506302111139119
61
271143
152161161139
147253106
29731672
215172299
146
126149139259117105499298111150136
59
268119
152160160139
129268111
30732970
226163309
144
12614514025411110948931399136129
61
26598
151157160136
130280113
30233472
227178284
153
125159140251108116497321108140118
60
26485
149156162133
123296116
27530478
225186286
160
123156141245111123521315123164100
61
265137
151159170134
131296120
27131380
230217336
162
130162146237114137
333122166101
62
264217
150160177130
146283114
30934482
253215417
177
12614814615398150
335126155119
64
263260
148162188130
143295117
28231780
252232425
1919 monthly average** 100
10272
6698
86
114
1329780
8669
4283
87
91
91122122
117102
2970
107
95
28144154
133106
3291
104
107
39146152
129108
3490
108
108
19146160
141138
3482
112
121
26134149
153155
1759
111
119
33131144
157148
2046
111
137
30132144
140146
3145
112
121
32131142
127137
3656
112
137
39129134
113117
3467
114
134
23135149
13090
3374
115
114
28133147
146150
3078
115
133
33133146
142155
2576
116
128
27135151
148153
2274
117
122
24136151
148142
2178
117
128
27136150
139125
1986
117
135
27137152
143141
1884
117
118
32135148
141139
2067
116
121
37134145
143135
2652
116
135
33135147
141131
3647
118
123
33135144
* Data since January, 1925, cover only stocks east of California, and hence are not directly comparable with figures for earlier periods.«Wholesale and retail prices from Department of Labor averaged for the month; farm prices from Department of Agriculture.• Based on the total computed production reported by 5 associations. Includes southern pine, Douglas flr, western pine, North Carolina pine, and California white
pine. The total production of these associations in 1919 was equal to 11,401,000,000 board feet, compared with a total lumber production for the country of 34,552,000,000board feet reported by the census.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
WEEKLY BUSINESS INDICATORS[See table on page 5]
WEEKLY AVERAGE, 1922 -IS24 =100. FISHER'S INDEX, WEEKLY AVERAGE 1923-1924= 100-
BITUMINOUS COAL, PRODUCTION WHEAT. RECEIPTSJAN. [FEB. [MAR.[.APR. | MAY |JUNE JULY[ AUQ. SEPT.] OCT. |NOV. [DEC.
FISHER'S WHOLESALE PRICE INDEXJAN.
J
is
FEB.
V\\
MAR
'"\
V*
APR.
V"
••v
MAY
/' vv *
/?
JUNE
.". /
A
JULY
,/
K
AUQ.
V
SEPT.
V.A
GOT,
'*•*•*
NOV.
..••*
ft
OEC.
\
*x«
JJ-L,
COTTON PRICES MIDDLING NEW YORK
LUMBER PRODUCTION
COTTON RECEIPTS IRON AND STEEL COMPOSITE PRICES
BEEHIVE COKE PRODUCTION
WHEAT PRICE NQ.2 RED WINTER
PETROLEUM PRODUCTIONCDAILY AVERAGED LOANS AND DISCOUNTS F.R.MEMBER BANKS.
BUSINESS FAILURES(NUMBER)
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
WEEKLY BUSINESS INDICATORSAll data are given as relative to the weekly average for 1922 to 1924 as 100, except wholesale prices, which are based on 1923 to 1924 average
WEEKENDING »—
1925
Oct. 310 .172431. -
Nov. 7142128
Dec. 5121926
1926
Jan. 29
162330
Feb. 6 .. .132027
Mar. 6132027
Apr 3101724
May 1g
15 . _.2229
June 5121926
July 3.1017..2431
Aug. 7_.14..:::::2128
Sept. 411::....::1825
Oct. 29
1623...30
Nov. 61320.. _27
Dec. 41118...25
Bit
um
ino
us
co
al
pro
du
ctio
n
121.3128.7129.7133.2137.5
134.1134.0138.8127.8
141.8142.2139.892 9
117.5143.5144.0136.9138.4
134.0132.3126.8120.0
115.2117.8113.1106.0
99.6103.8102.5102.1
100.599.6
102.4102.3106.7
95.4106.0104.7108.5
104.591.5
111.4111.8116.1
111.8117.1116.0123.6
121.3113.0126.1129.1
132.3136.2136.4140.0148.6
144.4152.1157.3147.8
161.7155.2145.6
Lu
mb
er p
rodu
ctio
n
114.8116.7114.8116.7116.7
114.8112.4113.8106.2
108.1110.5111.472.9
56.781.494.3
101.9103.8
108.1110.5108.1107.1
109.5111.4114.8118.1
116.7115.7119.0118.1
111.4109.5111.4112.4113.8
105.2112.4114.8109.5
105.284.8
107.1103.8109.5
110.5111.4110.5113.3
109.599.5
109.5111.4
108.1111.4110.5108.1110.5
107.1103.8103.892.4
102.9101.094.3
Bee
hive
co
ke
pro-
du
ctio
n
82.089.099.198.2
114.5
128.3129.4124.6128.5
130.7127.6137.3114.5
128.5127.2136.4150.4148.7
161.0158.8154.8140.4
115.8115.4115.4109.7
102.6100.0102.2100.0
92.193.089.392.585.1
85.586.080.782.0
71.577.279.874.677.2
72.871.580.379.4
80.779.886.086.4
80.791.288.287.786.0
84.288.689.986.8
83.880.780.3
Pet
role
um
pro
duc-
tion
114.9114.9114.2113.3113.2
112.8111.8112.5112.1
111.9111.2110.5109.8
108.2107.7106.8105.7103.8
104.5104.3104.3105.6
105.3106.1105.8106.0
106.7106.7106.4107.2
109.1109.3109.6108.9110.3
110.1110.4110.3110.8
111.7111.5112.6113.5116.0
117.4118.5119.0119.4
120.4119.7119.1119.0
120.3120.8122.5125.3127.8
129.2128.5129. 9131.1
131.0131.4
Car
load
ings
122.3121.6121.6123.3120.0
116.9115.5116.3101.5
112.2110.9106.477.1
81.599.7
103.0101.3101.7
100.6100.8102.4100.3
106.0106.3107.4106.4
102.0102.2106.1107.0
109.4109.5113.2114.2118.8
104.0116.5114.7116.8
117.999.0
119.1119.3121.2
119.1121.7119.7124.9
126.6113.3130.5130.0
130.3130.2133.0132.9133.7
125.0122.3118.6103.6
116.3109.8
Bui
ldin
g co
ntr
acts
234.8132.0117.6130.6157.8
175.8141.5147.2104.3
181.4142.1142.3110.2
152.3131.8119.2182.7115.5
93.277.0
102.8146.7
106.4119.6167.0157.1
165.1207.4184.9128.6
165.2166.4147.2190.0168.3
124.5150.9134.3150.6
125.6158.2162.8134.1188.7
121.5152.1151.8197.7
145.0193.4162.1180.2
173.8141.4186.4159.9168.8
147.3140.0137. 4188.1
96.8135.4203.0
Rec
eipt
s of
whe
at
149.0113.490.774.681.0
95.886.5
104.5104.7
117.3116.3104.174.4
41.675.763.055.953.0
51.948.960.840.6
45.736.642.142.1
31.439.433.642.4
41.942.337.343.458.2
44.344.742.368.3
106.0166.1171.6232.0309.6
284.0225.0167.9131.1
155. 1146.6141.2117.1
110.9104.987.9
104.6112.9
99.692.473.970.6
65.568.359.1
Rec
eipt
s of
cott
on
311.9309.4337.4327.7325.1
323.8rns289.8285.1
293.6283.0242.6206.8
174.0132.8112.3119.6106.0
101.397.987.771.1
68.565.568.171.5
57.451.948.143.0
49.443.444.339.640.4
36.634.027.218.3
20.414.522.122.128.1
25.148.559.167.7
112.8126.0216.2275 7
355.7398.7397 4391.1363.0
354.0340.4337. 9307.7
311.5288.5263.0
Rec
eipt
s of
cat
tle
142.8156.6155.9149. 5143.7
136.7124.4119.088.7
123.5125.1119.365.3
71.4103.9105.1102.283.3
87.885.578.882.3
81.083.385.988.4
69.874.382.088.7
99.098.187.186.895.8
95.592.994.285.9
96.590.0
104.294.994.2
75.699.0
102.9103.9
124.1121.9134.1141.5
131.2147.3143 1144.0151.8
125:7139.2133.498.4
112.5103.5105.1
Rec
eipt
s of
hog
s
78.173.470.770.680.6
85.087.597.679.0
110.0110.2102.870.6
97.2122.7112.594.7
102.0
94.493.779.080.9
90.182.985.678.6
59.968.974.874.6
78.774.566.572.178.7
75.792.075.771.4
72.170.767.170.968.2
70.967.167.959.9
60.960.764.260 4
59.564.567.375.180. 1
80.786.480.676.2
98.3101.291.4
Who
lesa
le p
rice
s
102.3101.7102.0101.7102.9
103.3103.4103.6104.2
105.1103.6102.7102.9
103.8103.8103.4103.7104.0
104.0103.3102.0101.3
100.399.9
100.198.8
98.998.298.898.5
97.998.599.299.699.4
98.9100.199.299.0
97.998.297.997.196.4
96. 296.095.996.5
96.296.796.696 3
96-695.596 596.797 7
100.099.697.297.3
97.497. 195.9
Pri
ce o
f cott
on
mid
-d
lin
g
87.583.481.982.374.7
79.278.978.580.8
78.574.373.274.7
78.178.579.678.978.5
78.578.578.575.1
73.674.072.872.8
73.272.872.571.3
71.372.571.770.971.3
70.968.769.470.2
69.172.170.271.372.5
71.367.268.772.1
70.669.864.557.4
54.049.451 347.547.9
47.949.449.149.4
45.746 447.5
Pri
ce
of
iron
an
dst
eel
(com
posi
te)
91.191.191.191.592.4
93.694.394.594.6
95.395.295.295.2
95.595.595.595.394.9
94.994.994.794.7
94.794.794.694.6
94.693.893.893.6
93.493.493.392.892.5
92.191.791.591.5
91.891.891.791.791.5
91.591.591 591.5
91 591.491 992 1
92 092.192 892.892 9
93 293.593 693.7
93.693 193.092.8
Pri
ce o
f No.
2 w
hea
t
125.2130.1
138.2
136.6138.2137.4140.7
143.9
152.8153. 7152.8152.8148.8
156.1148.8145.6147.2
139.0137.4142.3130.1
136.6142.3
134.1135.8137.4134.1135.0
120.3126.8125.2117.9
109.8
120.3117.1118.7
113.0111.4110.6110.6
108 1108.9111.4111 4
113 0111.4113 0115.4116 3
114.6113.0110.6112.2
112.2113 8113.0
Ban
k lo
ans
and
dis
-co
un
ts
118.3118.2118.6118.7118.9
120.0119.9119.9119.4
119.8120.2120.4120.8
121.8121.3120.2120.0119.3
119.6119.8119.4119.2
119.8119.0119.3119.3
120.2119.4118.9118.7
119.3119.8119.4118.9118.7
119.4118.9120.2119.3
120.9120.3119.8119.6119.6
120.4120.7120 3120.4
121 3121.5122.5122 0
123 1123.3123 2123.0122 4
122 9122.4122 2122.5
123.0122 7123.0
Deb
its
to i
ndiv
idua
lac
counts
126.9138.7118.0137.5122.4
131.8114.4145.8124.4
124.7123.9141.4133.6
109.8153.2129.8135.2124.0
132.4123.3121.7107.7
143.5121.7133.6122.2
124.0133.1126.2129.6
117.3134.2119.7125.6118.8
117.0121.4129.8123.0
126.8130.3129.3129.9116.1
127.2116.8122 8113.0
112 7101.7127 4131 3
119 6143.6118 7145.4127 7
123 2127.3130 3123.6
119.9126 2130.7
Cal
l-m
oney
rat
es
121.2112.1100.0103.0121.2
112.1109.1112.1121.2
121.2124.2124.2142.4
145.597.0
109.197.0
109.1
112.1118.2115.1127.3
112.1103.0103.0118.2
115.197.0
109.184.8
93.993.990.997.097.0
100.097.090.9
103.0
115.1109.1103.097.0
106. 1
109.1109.1109 1115.1
115 1121.2121.2127 3
133 3115. 1124 2103.0109 1
109.1106.1112.1115.1
118.2118 2118.2
Bus
ines
s fa
ilur
es
87.390.583.880.692.8
88.1102.7109.095.3
105.0107.5112.783.1
93.0137.3142.5127.6128.4
128.99*4.8
118.9104.0
120.4122.197.5
110.2
98.599.8
108.2117.9
122.6100.3104.2102.7108.0
84.894.099.599.5
92.376.188.189.398.8
93.392.390 191.0
93 874.481.383 6
82 897.393 3
107.2107 0
95.5105.2113 798.8
115.2115 9105.2
* Sources of data are as follows: Bituminous coal and beehive coke production from U. S. Department of Commerce, Bureau of Mines: Lumber production, based on fourassociations, from the National Lumber Manufacturers Association; Petroleum production (crude) from American Petroleum Institute; Loadings of freight cars from AmericanRailway Association; Building contracts from F. W Dodge Corporation; Receipts of wheat from Bradstreet's; Receipts of cattle and hogs from U. S. Department of Agriculture,Bureau of Agricultural Economics; Receipts of cotton from New Orleans Cotton Exchange; Wholesale prices (Fisher's index), based on 1923-24 as 100, from Professor IrvingFisher; Price of cotton, middling, from New York Cotton Exchange; Price of iron and steel, composite, from Iron Trade Review; Price of wheat, No. 2, red, cash, from ChicagoBoard of Trade through U. S. Department of Agriculturet Bureau of Agricultural Economics; Loans and discounts of member banks and debits to individual accounts fromFederal Reserve Board; Call-money rate from Wall Street Journal; Business failures from It. O. Dun & Company.
i The actual week for all items does not always end on same day.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
6
WHOLESALE PRICES IN NOVEMBER
ss^kjftjsM^ii-i.-COMMODITIES
COMPARISON WITH COMPARISON WITH SAME MONTH COMPARISON WITH SAME MONTHPREVIOUS MONTH 1925 1924
DECREASE INCREASE DECREASE INCREASE DECREASE INCREASE
20 10 0 10 20 50 40 30 20 10 0 10 20 30 40 60 60 70 80 50 40 30 20 10 0 10 20 30 40 50 60 70 80i—i , i ' i 1—i—i 1 1 1 1 1 1 1 1 1 1 r i ' i—i 1 1 1 1 1 1 1 i i" i 1 1 • ' i'i — i 1 1 1 r— i — i 1 1 1 1 1 1 1 r 1 -| 1 1 1 — rFARM PRODUCTS* AVERAGE PRICE TQ
WHEAT
CORN
POTATOES
COTTON
COTTONSEED
CATTLE, BEEF
HOGS
LAMBS
WHEAT. SPRING
WHEAT, WINTER
CORN NO. 2
OATS
BARLEY
RYE, NO . 2
TOBACCO, BURLEY
COTTON
WOOL, «/4 GREASE; BOSTON )CATTLE, STEERSHOGS. HEAVYSHEEP, EWESSHE.EP, LAMBS
FLOUR, SPRINGFLOUR, WINTERSUGAR, RAWSUGAR, GRANULATEDCOTTONSEED OILBEEF, CARCASSBEEF, STEER ROUNDSHAMS, SMOKED(CHICAGO)
COTTON YARNCOTTON PRINT CLOTHCOTTON SHEETING
.WOMEN'S DRESS~GOODSSUITINGSSILK, RAW
HIDES, PACKER'S
HIDES, CALFSKINS
LEATHER, CHROME ( BOSTON )
LEATHER, SOLE, OAK.
BOOTS AND SHOES ( BOSTON )
BOOTS AND SHOES (ST. LOUIS)
COAL/BITUMINOUS
COAL. ANTHRACITE
COKE
PETROLEUM
PIG IRON, FOUNDRY
PIG IRON, BASIC
STEEL BILLETS. BESSEMER
COPPER
LEAD
TIN
ZINC
LUMBER. PINE, SOUTHERN
LUMBER, DOUGLAS FIR
BRICK, COMMON (NEW YQRKl
CEMENT
STEEL BEAMS
RUBBER CRUDE
SULPHURIC ACID
m\
i
B
Ei
m
, , Vs.
Wfa
\ • •
r
1
1 E
1ii
iii
. • i
|r
r
lr ,
' ' f"'
j
, . I
1 im
i:
vzmt
* ,
W7&.
Y//7//////////////^V////////////W
. , ffiTfcFARM PRODUCTS. MARKET F
' ' V/////A
Y/y///%w/W/////////t
UM>.
-
FOOD
J£CLOTHING
E%%
•j
, ,
r
FUEL
E%%^%%3
METALS
, V///////K
\W/y///A
ffitt.&Wfflffltfffl'ffl'fflw
20 10 0 10 20 60 40 » 20 10 (DECREASE INCREASE DECREASE
BUILDING MATERIAL AND MISC
1
fj
Ri
:L
i r - r i • i • i — i r 1 1 1 1 1PRODUCER
1 '^w/////////////////.
^/^!^^^/^^^^v//y////?/////^/////^^
••••••••••BBCIIjni
CE1 ' ' W///.
^5^^^^//^/^
•sj^^^^ / ^^^^^
m
&
i
1 '1$! %^ ^
U%7/,
I
1
~^' ' ' ' E
i
VSZt
_AN ECUS
^
1
^^^c_
_• , . L , , . , _
J 10 20 BO. 40 60 80 70 90,50 40 30 20 10 Q 10 20 30 40 50 60 70 80INCREASE DECREASE INCREASE
NO CHANGE ** NO QUOTATION
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
WHOLESALE PRICE COMPARISONSNOTE.—Prices to producer on farm products and market price of wool are from U. 8. Department of Agriculture, Bureau of Agricultural Economics: nonferrous metal
from the Engineering and Mining Journal-Press. All other prices are from U. S. Department of Labor, Bureau of Labor Statistics. As far as possible all quotation* repre-sent prices to producer or at mill. See diagram on page 6.
COMMODITIES
FARM PRODUCTS-AVERAGE PRICE TO PRODUCERS
WheatCornPotatoesCottonCottonseedCattle, beefHogsLambs
FARM PRODUCTS— MARKET PRICE
Wheat, No. 1, northern spring (Chicago)Wheat, No. 2 red, winter (Chicago)Corn, contract grade 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, & bloodcombing, Ohio and Pennsylvania fleeces (Boston) . .Cattle, steers, good to choice, corn fed (Chicago)Hogs, heavy (Chicago) _ .Sheep, ewes (Chicago)Sheep, lambs (Chicago)
FOOD
Flour, standard patents (Minneapolis)Flour, winter straights (Kansas City)Sugar, 96° centrifugal (New York)Sugar, granulated, in barrels (New York)Cottonseed oil, prime summer yellow (New York)Beef, fresh carcass good native steers (Chicago)Beef, fresh steer rounds No. 2 (Chicago)Pork, smoked hams (Chicago)
CLOTHING
Cotton yarns, carded, white, northern, mule spun, 22-1 cones (Boston)Cotton-print cloth, 27 inches, 64 x 60-38H"-5.35— yards to poundCotton sheeting, brown 4/4 Trion (New York)Worsted yarns, 2/32's crossbred stock, white, in skein (Boston)Women's dress goods, French, 35-36 inches at mills, serge.Suitings, wool, dyed blue, 55-56 inches, 16-ounce Middlesex (N. Y.)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, chrome calf, dull or bright " B " grades (Boston)Leather, sole, oak, scoured backs, heavy (Boston)Boots and shoes, men's black calf, blucher (Massachusetts)Boots and shoes, men's dress welt tan calf (St. Louis)
FUEL
Coal, bituminous, mine-run 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, basic, valley furnaceSteel 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, slab, western (St. Louis)
BUILDING MATERIAL AND MISCELLANEOUS
Lumber, pine, southern, yellow flooring, 1 x 4, "B" and better (Hat-tiesburg district)
Lumber, Douglas fir, No. 1, common s 1 s, 1 x 8 10 (Washington)Brick, common red, domestic building (New York)Cement, Portland, net without bags to trade, f. o. b., plant (Chicago
district)Steel beams, mill (Pittsburgh)Rubber, Para, Island, fine (New York)Sulphuric acid 66° (New York)
Unit
BushelBushelBushelPound .Ton..PoundPoundPound. ..
BushelBushelBushelBushelBushelBushelCwtPoundPound .CwtCwtCwt.,Cwt
BarrelBarrelPound.. ..Pound.. ..PoundPound.. ..Pound.. ..Pound
PoundYard .YardPoundYardYard. . .PoundPoundPoundSquare footPound ..PairPair
Short ton __Long ton...Short ton. _Barrel
Long ton...Long tonLong ton...PoundPoundPoundPound
M feetMfeetThousand..
BarrelCwtPoundCwt
ACTUAL PRICE(dollars)
October,1926
1.214.745
1.264.117
20.06.0643.1206.1131
1.441.40.78.47.71
1.0121.00
.132
.459.89
12.975.81
13.28
7.946.94.046.057.09.170.162.303
.329
.068
.0901.40.70
3.295.78.161.178.45.43
6.404.85
3.7411.484.002.050
20.2618.0035.00
.1386
.0840
.6823
.0730
43.5417.1615.50
1.652.00.333.75
Novem-ber, 1926
1.236.660
1.413.110
18.66.0632.1145.1111
1.391.38.71.45.71.96
21.00.128.45
9.3912.095.77
12.70
7.746.64.047.058.08.170.145.293
.321
.069
.0851.40.70
3.295.49.153.168.45.43
6.404.85
4.3911.484.891.750
20.7618.5035.00
.1358
.0801
.6867
.0720
43.0216.2312.25
1.652.00.286.75
Novem-ber, 1925
1.488.746
1.984.181
27.64.0614.1066.1215
1.611.71.84.40.72.86
25.00.208.54
10.5811.326.79
15.25
8.547.61.040.051.10.178.143.282
.407
.089
.1081.60.80
3.606.57.163.198.46.47
6.405.15
3.3911.296.881.588
22.1419.8834.75
.1435
.0974
.6214
.0861
48.2716.5014.75
1.651.95.853.70
PEE CENTINCREASE (+) OR
DECREASE (— )
Novem-ber, 1926,
fromOctober,
1926
+1.8-11.4+11.8-6.0-7.0
1 7-5.1-1.8
-3.5-1.4-9.0-4.3
0.0-5.0
0.0-3.0
0.0-5.1-6.8-0.7-4.4
-2.54 3
+2.2+1.8
—11.10.0
-10.5—3.3
-2.4+1.5-5.6
0.00.00.0
-5.0-5.0-5.6
0.00.00.00.0
+17.40.0
+22.3-14.6
+2.5+2.8
0.02.0
-4.6+0.6-1.4
-1.2-5.4
-21.0
0.00.0
-14.10.0
Novem-ber, 1926,
fromNovem-ber, 1925
-16.9-11.5-28.8-39.2-32.5+2.9+7.4-8.6
13 7-19.3-15.5+12.5-1.4
+11.6-16.0-38.5-16.7-11.2+6.8
-15.0—16.7
-9.412 7
+17.5+13.7—20.0
4 5+1.4+3.9
-21.1-22.5-21.3-12.5-12.5-8.6
-16.4-6.1
-15.2-2.1-8.5
0.0-5.8
+29.5+1.7
-28.9+10.2
6.2-6.9+0.7-5.4
-17.8+10.5-16.4
-10.9-1.616.9
0.0+2.6
-66.5+7.1
RELATIVE PRICE(1913 average =100)
Octo-ber,1926
1531212129892
109161185
158142124125114159159103180116155124170
173180131134122131124182
1331291461802222131598894
16796
206153
170216164219
12712213691
192157133
18918§236
1631324175
No-vem-ber,1926
1561072379286
107153182
152140114120114151159100180110145123163
169173134135114131111176
1301301381802122131518389
16796
206153
200216200187
13012613689
183158131
187176175
1631323575
No-vem-ber,1925
188121332151127104142199
177174135107114135189162216124135145196
186198115120140137109170
16416917620625423318089
105171105206163
154213282170
13813513594
223143157
210179225
16312910651
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
8
PIG IRON PRODUCTION AND UNITED STATES STEEL CORPORATION'S UNFILLED ORDERS
[November, 1926, is latest month plotted]
14,000
.600
AUTOMOBILE PRODUCTION AND NEW BUILDING CONTRACTS AWARDED IN 27 NORTHEASTERN STATES
800
[November, 1926, is latest month plotted]
800
BUILDING CONTRACTS AWARDEDv(.27 STATES.) \
40
LOCOMOTIVE SHIPMENTS AND UNFILLED ORDERS
[November, 1926, is latest month plotted]
4,000
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
BUSINESS SUMMARY{Index and relative numbers based on the 1919 monthly average as 100—-except unfilled orders which are based on the 1920 average-y-enable comparisons to be made of the
relative condition of the several phases of business. The use of index and relative numbers is more fully explained on the inside front cover, and details of this sum-mary are given in the table entitled "Indexes of Business/' beginning on page 23]
PRODUCTION:Manufacturing (64 commodi-
ties — adjusted) *Raw materials, total
MineralsAnimal productsCropsForest products „
Electric power _ _ . . .Building (awards — floor space) -.
STOCKS (45 commodities; seasonaladjustment)
UNFILLED ORDERS (relative to 1920) _-SALES (based on value) :
Mail-order houses (4 houses)Ten-cent chains (5 chains)Wholesale trade _ _ -Department stores (359 stores)..
PRICES (recomputed to 1919 base) :Producers', farm products ...Wholesale, all commoditiesRetail food . .. _.Cost of living (including food)
CHECK PAYMENTS (141 cities — sea-sonal adjustment)
FACTORY EMPLOYMENT (1919 base)TRANSPORTATION :
Net freight ton-mile operationCar loadings (monthly total)Net available car surplus (end
of month)
YEARLY AVERAGE
1923
119114136117102121144106
11974
9916583
124
65757894
10393
115119
25
1924
113119126117118119152108
13552
10518582
125
64737895
11084
108116
139
1925
125116132113111126169138
14556
11820984
131
70778498
12784
115122
146
1935
Septem-ber
122151133105191131169155
14852
11419194
122
69788598
12784
125123
85
October
132158140115196136183148
13153
170237101165
68778799
13285
133159
66
Novem-ber
128146129119174120178146
13258
14422086
145
697790
100
12786
123117
83
1926
Septem-ber
135148156111172120190139
17249
120211
97130
64738597
13285
134131
69
October
134179165117232121202135
17446
150257
94158
62738697
13186
146172
48
Novem-ber
121164155126199112
131
19745
15324786
156
62728798
12484
123
87
PER CENT INCREASE (+)OR DECREASE (-)
November,1926, fromOctober,
1926
-9.7-8.4-6. 1+ 7.7
-14.2-7.4
-3.0
+ 13.2-2.2
i +2.0-3.9— 8. 5-1.3
-0.0-1.4+ 1.2+ 1.0
-5.3-2.3
-28.5
+ 81.3
November,1926, from
November,1925
-5.5+ 12.3+ 20.2+ 5.9
+ 14.4-6.7
-10.3
+ 49.2-22.4
+ 6.3+ 12.3
0.0+ 7.6
-10. 1-6.5
3. 3-2.0
-2.4-2.3
+ 5.1
+ 4.8
i See p. 28, January, 1925, issue (No. 1), for details of adjustment.
COURSE OF BUSINESS IN NOVEMBERGENERAL CONDITIONS
Industrial activity in November, after adjustmentfor differences in working time, was lower than ineither the preceding month or November, 1925. Theproduction of raw materials, on the other hand,though showing a seasonal decline from October, wassubstantially greater than a year ago, all types ofcommodities showing larger output except forest prod-ucts. New contracts - awarded for building con-struction, measured in floor space, were smaller thanin either the preceding month or November of theprevious year. Unfilled orders for manufacturedcommodities, principally iron and steel and buildingmaterials, showed similar declines from both priorperiods. Stocks of commodities, after allowance forseasonal changes, were higher than at the end of eitherthe preceding month or November, 1925, the increaseover last year being largely due to larger holdings ofraw foodstuffs.
Prices paid to producers of farm products, thoughshowing no change from October, were generally lowerthan a year ago. Wholesale prices averaged lowerthan in either the previous month or November oflast year, while the cost-of-living, though showing a
25368—27 2
slight increase over the preceding month, was over 2per cent lower than a year ago.
Factory employment registered declines from boththe preceding month and a year ago with pay-rollpayments showing similar comparisons with bothprior periods. Check payments, indicative of thegeneral volume of trade, after adjustment for seasonalconditions, were lower than in either the precedingmonth or November, 1925. Retail trade was generallyhigher than last year, all types of retail establishmentsshowing increases over November, 1925. More goodsmoved into consumption, as seen from figures on car-loadings, than in November, 1925, while the netavailable freight car surplus at the end of Novemberwas greater than a year earlier. Stock prices, bothindustrial and railroad, averaged higher than in Octo-ber and, in the case of railroad stocks, were higheralso than a year ago.
Interest rates on commercial paper, though higherthan a year ago, were lower than in October. Callmoney rates averaged lower than in either the pre-ceding month or a year ago. Business failures inpoint of defaulted liabilities were smaller in Novem-ber than in either the preceding month or November,1925.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
10
SUMMARY OF INDEXES OF BUSINESS
PRODUCTION
Production of raw materials in November was 12per cent greater than a year ago, the output of forestproducts alone showing a decline from November,1925. While minerals were generally produced inlarger quantities than a year ago, iron ore showed adecline. In the case of animal and crop marketingsall products of the farm showed increases except hogsand grains»i Manufacturing production in November, after al-lowance for differences in working time, was 10 percent and 6 per cent smaller, respectively, than in eitherthe previous month or November, 1925. As comparedwith October, all industrial groups showed smalleroutput except textiles, which showed no change. As
compared with last year, however, several groupsshowed increased activity, but this was insufficient tooffset declines in iron and steel, nonferrous metals,lumber and miscellaneous commodities, includingautomobiles and rubber.
COMMODITY STOCKS
Stocks of commodities, after allowance for seasonalvariations, were held in larger quantities at the endof November than at the end of either the previousmonth or November, 1925, all groups showing largerholdings than in either comparative period exceptmanufactured foodstuffs and other manufactured com-modities, which had smaller stocks than on October31, 1926.
RELATIVE PRODUCTION, STOCKS, AND UNFILLED ORDERS FOR MANUFACTURED COMMODITIES[1920 monthly average =» 100. Adjustment has been made for both stocks and production for their respective seasonal movements. Unfilled orders
are principally those of iron, steel, and building materials. November, 1926, is latest month plotted]
SALES
The index of unfilled orders of manufactured com-modities, principally iron and steel and building mate-rials, declined from both the previous month andNovember, 1925, the decline from a year ago in ironand steel amounting to 19 per cent and in buildingmaterials to 27 per cent. As compared with October,forward business for iron and steel showed no change,but building materials declined.
The dollar volume of wholesale trade showed nochange from a year ago, but wholesale prices in Novem-ber were substantially lower than last year. Whole-sale sales in the hardware, shoe, drug and meat lines,however, showed larger volumes than in November oflast year, but declines in dollar volumes in groceriesand dry goods were sufficient to offset these increases.
Retail trade was generally higher than in November,1925, despite a weaker price situation, increases insales volume ranging from 5 per cent in the case ofmail-order business and music chain systems to 28 percent in grocery chains. Ten-cent store systemsshowed a 12 per cent greater volume, while departmentstores registered a sales increase amounting" to almost8 per cent.
PRICES
Prices received by producers of farm productsshowed no change from the preceding month butaveraged 10 per cent lower than a year ago. As com-pared with October, November prices for grains, meatanimals, and cotton declined, but declines in thisgroup were offset by increased prices for fruits andvegetables and dairy and poultry products. As com-
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
11pared with last year, however, increased prices formeat animals and sundry unclassified commoditieswere insufficient to offset declines in grains, fruits andvegetables, dairy and poultry products, and cotton.
Wholesale prices were 1 per cent and 6 per centlower, respectively, than in either the previous monthor a year ago, .all groups showing declines from Octoberexcept fuels and building materials, which increased,and metals and metal products, chemicals, and house-furnishing goods, which showed no change. As com-
pared with last year, all groups were lower in price,except fuels, which increased 9 per cent. Commercialindexes showed relatively the same condition.
The cost of living increased over the precedingmonth but was more than 2 per cent lower than ayear ago, all groups showing higher costs than inOctober except sundries, which declined, and shelter,clothing, and light, which showed no change. Ascompared with a year ago, all living costs were lower,except fuel.
COMPARISON OF WHOLESALE AND RETAIL FOOD PRICE INDEX NUMBERS
WITH INDEX OF ALL COMMODITIES AT WHOLESALE
[U. S. Department of Labor index numbers. Relative prices, 1913=100, November, 1926, is latest month plottedl
901919 1920 1921 1922 1923
EMPLOYMENTFactory employment declined in November, both
as compared with the preceding month and November,1925. Declines from each of these periods, however,were not general in all industrial groups, increasesover the preceding month being shown in paper andprinting and miscellaneous industries, including rub-ber, while increases over a year ago were registered iniron and steel, paper and printing, chemicals, stoneclay and glass, and other miscellaneous industries.
Factory pay-roll payments also declined from bothcomparative periods, but increases were registeredover the previous month in paper and printing. Ascompared with a year ago, greater pay-roll paymentswere made shown in iron and steel, leather, paper andprinting, chemicals and other miscellaneous industries.
1924 1925 1926FACTORY LABOR TURNOVER *
MONTH
JanuaryFebruaryMarch .April...
May.June ....July . .August . _ ....
September..OctoberNovember..............December
VOLUNTARY QUITS
1919 1920 1921 1922 1923 1924 1925
Per cent of number on pay roll
4.03.24.34.5
4.97.85.87.5
7.97.26.95.6
8.28.2
11.911.7
8.99.7
10.410.7
9.46.13.22.5
1.81.62.52.7
2.52.82.52.4
2.72.11.71.4
1.61.82.23.0
4.75.35.26.0
6.85.95.03.5
4.15.57.29.5
8.58.47.86.6
7.14.63.12.2
2.62.23.84.7
3.62.52.22.2
2.52.31.61.8
2.22.03.04.0
3.43.43.23.4
4.13.62.52.1
i Compiled by the Metropolitan Life Insurance Co. from reports of 135 companiesemploying about 600,000 wage earners (replacing previous data for 60 companies),
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REVIEW BY PRINCIPAL BRANCHES OF INDUSTRY AND COMMERCE
TEXTILES
Receipts of wool at Boston, although 11 per centgreater than in October, were 8 per cent smaller thanin November, 1925, with the total for the first 11 monthof the current year showing an increase of 16 per centover the corresponding period of the previous year.Wool imports were greater than in either the previousmonth or the same month of 1925. Consumption ofwool by textile mills decreased from October but waslarger than a year ago. Prices of raw wool showedno change from the previous month, but were gener-ally lower than a year ago while prices of woolen andworsted goods showed a similar condition.
Receipts of cotton into sight were larger than ineither the previous month or the same month lastyear. Imports of raw cotton showed similar gains,while exports of raw cotton were 9 per cent and 23per cent greater, respectively, than in either the pre-ceding month or the same month last year. Con-sumption of cotton by textile mills showed increasesof 3 per cent and 7 per cent, respectively, over thepreceding month and November, 1925. Total stocksof cotton held at domestic mills and warehouses atthe end of November were 20 per cent greater thana year earlier, while the world visible supply of cottonwas 21 per cent larger.
Fewer cotton spindles were active in Novemberthan a year ago, with practically no change from thepreceding month, but the total spindle-hour activityin November was 1 per cent and 8 per cent greaterrespectively, than during the previous month andNovember, 1925. Prices of raw cotton paid to pro-ducers averaged 6 per cent lower than in October,while New York spot prices declined 3 per cent, withthe general average 39 per cent below last year.
SPINDLE ACTIVITY IN COTTON MILLS[November, 1926, is latest month plotted]
8.000
7.000
6,000
~i 5000OIuj 4.000
0zw 3,000
fe
0 2.000
IjOOO
x^H
COTTOI>
^
*-/*^A/*v¥
GROWING STATES
-j\rs^vrV
^TTvjWv
v^V^V
\A/
L A/
A /VL A7
V r
VV
L^^k fc
NX
.^x/"
ALL OTHER STAT
\s-
A /*•v/yA Av/PA .V
Production of cotton textiles was smaller than ineither the previous month or the same month of 1925,with all classes of goods showing declines from bothperiods, except pajama checks, osnaburgs, heavy-warpsateens, and colored goods, each of which showedlarger production than in November, 1925. Stocksof cotton textiles were generally lower than a year ago,
except in the case of sheetings, print cloths, pajamachecks and drills, twills, sheetings, and sateens,wider than 40 inches. Unfilled orders for cottontextiles at the end of November were generally lowerthan for the preceding month and the same month of1925. Production of fine cotton goods in the NewBedford district was greater than either October or thecorresponding month of 1925. Exports of cottoncloth were also greater than in either comparative
-period. Prices of cotton yarns and cotton goods weregenerally lower than in either the preceding month orNovember, 1925.
Imports of silk were smaller than in October butlarger than a year ago. Deliveries of silk to con-suming establishments were slightly smaller than inOctober but 14 per cent greater than last year. Stocksof silk held at warehouses at the end of Novemberwere larger than at the end of either the previous monthor November, 1925. Silk stocks held by manufac-turers, although larger than at the end of October,were 25 per cent smaller than a year earlier. Pricesof raw silk averaged lower than in either the previousmonth or November of last year.
METALS
Shipments of iron ore from the mines were smallerthan in either the previous month or November a yearago, but th'e total movement for the first 11 monthsof 1926 was 8 per cent larger than for the correspond-ing period of the previous year. Consumption ofiron ore, although smaller than in October, was 4 percent greater than a year ago, with the total for thecalendar year to date showing an increase of 8 percent over 1925. Stocks of iron ore were larger thanlast year, the increase being due to larger stocks atfurnaces.
Pig iron production, although 3 per cent smallerthan in October, was 7 per cent greater than lastyear, with the total for the first 11 months showingan increase of almost 9 per cent over the same periodof 1925. Fewer pig iron furnaces were in blast at theend of November than at the end of the previousmonth or November, 1925. Wholesale prices of pigiron averaged higher than in October but were stillbelow the prices prevailing a year earlier.
Production of steel ingots declined from both thepreceding month and November, 1925, but the totaloutput for the 11 months to date was 9 per centgreater than during the same period of 1925. Un-filled orders for steel increased over the precedingmonth, but were 17 per cent below a year ago. Theproduction of steel sheets by independent steel manu-facturers was smaller than in either the precedingmonth or November, 1925, but for the calendar yearto date a slight increase was registered over the sameperiod of 1925. Total stocks of sheets held at theend of November were larger than at the end of eitherDigitized for FRASER
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the preceding month or November, 1925. Shipmentsof sheets were also smaller than in either the previousmonth or the same month of last year, but for thefirst 11 months an increase of almost 10 per cent overthe same period of 1925 was registered.
Production of steel castings was greater than inOctober, although bookings showed a decline fromboth the previous month and November, 1925. Newbookings for castings during the first 11 months ofthe year were 11 per cent greater than during thesame period of 1925.
The production of steel barrels was greater than ineither the previous month or November, 1925, withthe total for the first 11 months showing an advanceof 8 per cent over the corresponding period of theprevious year. Shipments of steel barrels showedsimilar comparisons. Unfilled orders for barrels werelarger at the end of November than at the end ofeither the previous month or November, 1925.
Bookings for fabricated structural steel were smallerin November than in either the previous month orNovember, 1925, but for the first 11 months of theyear an increase of 7 per cent was registered over thecorresponding period of 1925. Shipments of struc-tural steel were likewise smaller than in either theprevious month or November a year earlier, with anincrease in the 11 months' total amounting to 5 percent.
Exports of iron and steel were 28 per cent largerthan in either the previous month or November a yearago with the total for the calendar year to date show-ing an increase of 22 per cent over the same periodof the preceding year. Wholesale prices of steel billetsshowed no change from the previous month but aver-aged higher than a year ago.
DOMESTIC WATER SOFTENERS: 1926 l
Year and month
JanuaryFebruaryMarchAprilMayJuneJuly _AugustSeptemberOctober -November
Total (11 months)
Orders received
Num-ber ofunits
759637941716677798704663662669574
7,800
Net saleprice
$121, 27193, 724
134, 919107, 543100, 378101, 145103, 24893,47785, 77198, 43777,855
1, 117, 768
Shipments
Num-ber ofunits
723637911715674693785652632634583
7,639
Net saleprice
$117, 75394, 709
131,711110, 67699, 31992,087
111,58392, 23082, 65295, 43378, 606
1, 106, 759
Stocks,end ofmonth(units)
415643733915824783711681599804620
1 Compiled by the V. S. Department of Commerce, Bureau oj the Census, fromreports of 11 manufacturers.
Production of copper by domestic mines was greaterthan in either the previous month or November oflast year, with the total for the first 11 months show-ing an increase of 4 per cent over the same period ofthe preceding year. Smelter production of coppershowed similar comparisons. The output of refined
copper in North and South America was larger thanin either October or the corresponding month of 1925,with the 11 month's total showing an increase of 7per cent over the same period of 1925. Althoughdomestic shipments of refined copper were lower thanlast year, the total for the first 11 months showed anincrease of 11 per cent over the corresponding periodof 1925. Exports of copper in November were largerthan in either October or the same month of the pre-vious year, but for the calendar year to date a declineof 14 per cent was registered from the same period of1925. Stocks of refined copper and blister copperwere larger than a year ago. Wholesale prices of cop-per averaged lower than in either the previous monthor the same month.* of 1925.
COPPER PRODUCTION AND EXPORTS
[November, 1926, is latest month plotted]
Imports of tin were larger than in either the pre-vious month or the same month of last year. Deliv-eries of tin to consuming establishments showed anincrease over both comparative periods, with the totalfor the first 11 months increasing 2 per cent overthe same period of the previous year. World stocksof tin were smaller than last year, though holdings inthe United States showed an increase. Wholesaleprices for pig tin averaged higher than in either theprevious month or the same month of the precedingyear.
RELATIVE PRODUCTION AND STOCKS OF ZINC[1913 monthly av6rage=00. November, 1926, is latest month plotted]
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More zinc retorts were in operation at the end ofNovember than at the end of the previous month,with a decline registered however, from November,1925. Production of zinc in November was greaterthan in either the previous month or the same monthof last year. Stocks of zinc declined from the previousmonth but were more than twice as large as a yearago. Zinc prices averaged lower than in either theprevious month or the same month of last year.
AUTOMOBILES, TRUCKS, AND TRACTORS
The production of passenger automobiles declinedfrom both the previous month and November, 1925,but the total for the first 11 months was 7 per centahead of the corresponding period of the previousyear. Canadian production of passenger cars alsodeclined from the previous month and a year ago, butthe 11-month's total showed an increase of 20 percent over the same period of 1925. The domesticproduction of automobile trucks was also smaller thanin either the previous month or November of lastyear, but the total for the calendar year to date was4 per cent ahead of the same period of the previousyear. The production of trucks in Canada, althoughsmaller than in October, was greater than last year,with th§ total for the calendar year to date almostdouble the production of the same period of 1925.
Shipments of electric industrial trucks and tractorsshowed a decline from the previous month and a yearago.
FUELS
Production of bituminous coal was greater than ineither October, 1926, or November, 1925, with ex-ports showing similar comparisons. Prices of bitu-
BEEHIVB AND BY-PRODUCT COKE PRODUCTION[November, 1926, is latest month plotted]
minous, both at wholesale and retail, averaged higherthan in either the previous month or the same monthof last year. The production of anthracite coal wassmaller than in October, with exports making a simi-lar comparison. Prices for anthracite at wholesaleaveraged higher than a year ago, but at retail in the
New York market were considerably lower than lastyear, with no change from the preceding month.Production of coke, both beehive and by-product, wassmaller than in the preceding month, and, in the caseof beehive, smaller also than a year ago. Exports ofcoke declined from both the preceding month andNovember, 1925, while the prices of coke averagedhigher than in October but lower than last year,
HIDES AND LEATHER
Imports of hides and skins were lower than in eitherOctober, 1926, or November, 1925, the decline from ayear ago being registered in spite of substantial in-creases in imports of calfskins and sheepskins. Ascompared with 1925, imports of hides and skins dur-ing the first 11 months of the current year were greaterall classes of skins showing increases except cattle hidesand sheepskins. Prices of hides and skins averagedlower than in either the preceding month or November,1925. Exports of sole and upper leather were eachsmaller than in October and in the case of sole leathersmaller than a year ago. Prices for leather, thoughshowing no change from the preceding month, weregenerally lower than in the preceding year.
Production of boots and shoes, although smallerthan in October, were larger than a year ago. Exportsof boots and shoes, however, were larger than inOctober, but smaller than in November of last year.Wholesale prices of shoes, while showing no changefrom the previous month, were generally lower than ayear ago.
PAPER AND PRINTING
Imports of chemical wood pulp were greater than ineither the preceding month or November, 1925, withthe total for the first 11 months showing an increasealso over the same period of 1925. Imports of me-chanical wood pulp were smaller than in either com-parative period, with a similar comparison for the 11months' total.
Domestic production of newsprint paper was smallerthan in October but 8 per cent greater than last year.Canadian production of newsprint was also smallerthan in October but registered an increase of 25 percent over a year ago. For the first 11 months of thisyear domestic output showed a gain of 11 per cent andCanadian output an increase of 24 per cent over thesame period of 1925. Shipments of newsprint indomestic mills as well as Canadian mills showed prac-tically the same comparisons for all three positions.Imports of newsprint were 2 per cent smaller than inOctober and 36 per cent greater than a year ago, withthe total for the 11 months to date showing an advanceof 27 per cent. Stocks of newsprint held at bothdomestic and Canadian mills were substantially lowerthan a year ago. The price of newsprint, thoughshowing no change from the previous month, was 5 percent lower than the previous year.
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NEWSPRINT PAPER PRODUCTION AND MILL STOCKS[November, 1926, is latest month plotted]
BUILDING CONSTRUCTION AND HOUSING
Index numbers showing building costs registered nochange from the preceding month, but as comparedwith last year, costs for industrial building were gener-ally higher while residential construction costs werelower. Real estate conveyances in 41 cities showed adecline from both the previous month and the samemonth of last year but for the year to date an increasewas registered as compared with the same periodof 1925.
New building contracts awarded showed a declinefrom both the preceding month and the same month oflast year, as measured in floor space, but when meas-ured in value, November awards were smaller than inOctober only. For the 11 months ending November,a decline of 5 per cent in the floor space of new con-tracts awarded may be contrasted with an increase of5 per cent in value, when compared with the year 1925.
LUMBER PRODUCTS
Production and shipments of southern pine lumberwere each smaller than in October and in the case orshipments smaller also than last year, both itemsshowing declines from 1925 in their respective 11-month totals. Stocks at the end of November were8 per cent smaller than a year ago, while wholesaleprices for southern pine flooring averaged lower thanin either the pervious month or November, 1925.
Douglas fir lumber production and shipments wereeach smaller than in either the preceding month orNovember of last year, with a similar comparison fortheir respective 11 months7 total. Exports of Doug-las fir, both lumber and timber, were larger than ineither the preceding month or November, 1925, andwholesale prices averaged lower than in either com-parative period.
Production and shipments of California redwoodwere each larger than in either the preceding month orthe same month of last year, while these items forCalifornia white pine showed declines from each com-parative period. Production and shipments of west-
ern pine lumber and northern pine lumber were eachsmaller than in October, while shipments of westernpine and production of northern pine were larger thana year ago. The production of 10 principal speciesof lumber was 6 per cent and 8 per cent smaller,respectively, than in either the preceding month orthe same month of last year, with the total for the first11 months showing a decline of 6 per cent from thecorresponding period of 1925. Exports of lumber, onthe other hand, were larger in each of these three com-parisons.
Production of maple flooring was larger than ineither the previous month or the same month of lastyear, while oak flooring production showed a declinefrom each of these periods. Shipments of mapleflooring, although smaller than in the previous month,were larger than last year, but oak flooring shipmentsshowed declines from both periods.
For the calendar year thus far, maple flooring ship-ments were 15 per cent greater than during the sameperiod of 1925, while oak flooring .shipments showedpractically no change. Stocks of both maple and oakflooring were both greater at the end of Novemberthan on November 30, 1925. Unfilled orders for bothmaple and oak flooring showed declines from boththe preceding month and last year.
A survey by the National Association of WoodTurners indicates that the requirements of the woodturning and wood shaping industries for 1927, basedon returns from about 65 per cent of the industry,will total 120,000,000 feet of lumber, of which 30,000,-000 feet will be hickory, the balance mixed hardwoods,about equally divided between northern and southernspecies.
STONE, CLAY, AND GLASS PRODUCTS
Production of face brick averaged lower than inOctober, but greater than a year ago, while for thefirst 11 months a slight decline was registered as com-pared with the same period of 1925. Although ship-ments of face brick were smaller than in October theywere 8 per cent greater than last year, with the totalshowing an increase of 2 per cent for the 11-monthperiod. Average stocks held at the end of Novemberwere greater than a year ago. Production and ship-ments of paving brick were smaller than in Octoberand, in the case of production, smaller also than lastyear. Contrasted with a decline of 18 per cent inthe 11-month total in the production of paving brickis an increase of 3 per cent in shipments as comparedwith the same period of 1925. Stocks of pavingbrick held at the end of November were 38 per centsmaller than a year ago.
In the table following are given figures covering theproduction and stocks of various clay products andcertain nonclay products, as obtained by the Bureauof the Census in connection with its annual census ofthe clay products industry.
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CLAY PRODUCTS AND NONCLAY REFRACTORIES
PRODUCTS
C ommon brick _ mills . of brickFace brick. doVitrified paving brick or block mills..Architectural terra cotta.— thous. of tons,.Hollow building tile. doRoofing tile _ _ thous. of squaresFloor tile thous. of sq. ft..Ceramic mosaic tile doFaience tile . doWall tile, thin, white glazed do__.Drain tile _.thous. of tons..
Fire brick, .mills, of brick, 9 in. equivalent. .
PRODUCTION
1923
7,2821,931
539138
3,326231
13, 32020, 9761,865
26, 301616
1,7781,106
1924
7,1592,030
448141
2,912305
13, 15320, 8792,565
30, 658593
1,952941
1925
7,5662,475
448152
3,822290
19, 24420, 3314,916
30, 366661
2,139994
STOCKS ATFACTORIES
Dec.31,
1924
1,50856713521
73638
4,0353,964
7042,274
155632225
Dec.31,1925
1,38960714920
80545
4,3612,934
8632,310
197670222
Shipments of vitreous china plumbing fixtures weresmaller than in October but greater than a year ago,while new orders received, unfilled orders, and stocksat the end of the month were each larger in Novemberthan in either the preceding month or the same monthof 1925. New bookings for architectural terra cottawere smaller in November than in either the precedingmonth or the same month of last year.
Production and shipments of Portland cement wereeach smaller than in October but larger than last year,each increasing over 1925 in the 11 months7 totals.
CEMENT PRODUCTION AND STOCKS[November, 1926, is latest month plotted]
New concrete paving contracts awarded were smallerthan in October but greater than in November of lastyear, with the total yardage showing an increase ofalmost 2 per cent in the 11 months7 comparison.Federal-aid highways completed, measured both inmileage and value, showed a decline from last year, aswas the case of new Federal-aid highways underconstruction.
Plate-glass production was smaller in Novemberthan in either the previous month or November, 1925,but for the calendar year to date was 13 per cent larger.The production of glass containers, although smallerthan in October, was 7 per cent greater than a yearago, shipments, stocks, and unfilled orders at the endof November being also larger than last year.
CHEMICALS AND OILS
Imports of nitrate of soda and potash were eachlarger than in October and in the case of potash
larger also than last year. For the 11 months endingNovember, nitrate of soda imports were 22 per centsmaller than in 1925, while imports of potash showedan increase of 17 per cent. Exports of sulphuric acidwere larger than in either the preceding month orNovember, 1925, with the total for the first 11 monthsalso showing a substantial gain over the precedingyear. Exports of dyes and dyestuffs were greaterthan in October and in the case of coal-tar dyes,greater also than last year. Consumption of ferti-lizer in Southern States was substantially ahead oflast year, while fertilizer exports showed a similarcomparison.
Receipts of turpentine and rosin at southern portswere smaller than in October but greater than lastyear, while stocks of turpentine held at the ports atthe end of November were larger than a year agoand of rosin smaller than last year. Prices of tur-pentine and rosin averaged lower than in either thepreceding month or the same month of 1925.
Production of dry roofing felt was smaller than inOctober but greater than last year with the total out-put for the first 11 months showing an increase of 14per cent. Stocks of roofing felt at the end of Novem-ber were 7 per cent smaller than a year ago.
Exports of vegetable oils, although larger than inOctober, were smaller than last year, while the totaloutward movement during the first 11 months of thecurrent year was 38 per cent smaller than during thecorresponding period of 1925. Imports of vegetableoils, on the other hand, were greater in Novemberthan in either the preceding month or November oflast year, with a similar comparison for the 11 months'total.
WHOLESALE PRICES OF CHEMICALS, BY GROUPS
[November, 1926, is latest month plotted]
Stocks of cottonseed at the end of November were2 per cent larger than a year ago. Production ofcottonseed oil in November was greater than in eitherthe preceding month or November of last year, whilecottonseed oil stocks at the end of the month were17 per cent larger than last year. The wholesaleprice of cottonseed oil averaged lower than in either
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+he previous month or November, 1925. Receipts offlaxseed at northwestern markets were smaller than ayear ago, while stocks were considerably greater.
CEREALS
The visible supply of wheat in the United Stateswas 58 per cent greater at the end of November thana year ago, while the Canadian supply showed anincrease of 16 per cent over the same period. Receiptsof wheat at the principal primary markets declined13 per cent from last year, while shipments were 5per cent greater. Exports of wheat were smaller thanin October but larger than a year ago. Prices ofwheat averaged lower than in either the previousmonth or November, 1925. Wholesale prices for flourshowed similar comparisons.
The visible supply of corn continued to increaseand at the end of November was more than ten timesas large as a year ago. Receipts of corn at the prin-cipal primary markets, although smaller than inOctober, were 24 per cent greater than last year, whileshipments were larger than in either the precedingmonth or November a year ago. Grindings of cornfor the manufacture of starch and glucose were smallerthan in either the previous month or the same monthof 1925, but for the first 11 months of this year, corngrindings were 11 per cent ahead of 1925. Exports ofcorn, including meal, were larger than in either theprevious month or November of last year, with thetotal to date more than twice as l great as duringthe same period of 1925. Prices of corn continued toaverage lower, both as compared with the precedingmonth and November of last year.
The visible supply of oats at the end of Novemberwas 27 per cent smaller than a year ago, while receiptsat the primary markets were smaller than in eitherprevious month or November, 1925. Exports of oats,although larger than in October, were 61 per centsmaller than in November, 1925, with the total for thecalendar year to date showing a decline of almost 50per cent from the same period of 1925.
The visible supply of barley at the end of Novemberwas 27 per cent smaller than last year. Exports ofbarley, although larger than in October, were onlyabout one-half as large as a year ago, with a similarcomparison for the 11 months' total. Barley pricesaveraged the same as in October, but were still belowa year ago.
Receipts of southern paddy rice at the mills,although smaller than in October, were 11 per centgreater than last year. Shipments of rice, both fromthe mills and from New Orleans, were greater thanin either the previous month or November a yearago. Rice stocks at the end of the month were twiceas large as a year ago, while exports during Novemberwere more than twice as large as in October and almostsix times as great as in November, 1925.
25368—27 3
Cold-storage holdings of apples were 12 per centgreater than a year ago, while carlot shipmentsshowed an increase of 14 per cent over last year.Shipments of potatoes were smaller than in the pre-ceding month but larger than in the same month oflast year, while for the calendar year to date they were5 per cent smaller than in 1925. Shipments of onions,on the other hand, were smaller than either the pre-vious month or November of last year, with the calen-dar year total showing an advance of 7 per cent overthe previous year. November shipments of citrusfruits were larger in each of these comparisons.
MEATS AND DAIRY PRODUCTS
Receipts and shipments of cattle and calves atprimary markets, although smaller than in October,were greater than last year. Both movementsshowed a slight increase in their respective 11 months'totals over the corresponding period of 1925. Localslaughter of cattle and calves, although smaller thanin October, was 8 per cent larger than a year ago,with the total slaughter for the year to date showingpractically no change from the same period of lastyear. Cold-storage holdings of beef and beef productsat the end of November were 17 per cent larger thana year ago. Prices of cattle and beef were generallylower than in either the previous month or the samemonth of 1925.
INSPECTED SLAUGHTER OF CATTLE, CALVES, SHEEP, AND HOGS[November, 1926, is latest month plotted]
I 1920
Receipts of hogs at the principal markets, althoughlarger than in October, were 8 per cent smaller thanlast year. Shipments of hogs, on the other hand,showed declines from both comparative periods, withboth receipts and shipments showing decreases intheir respective 11 months' totals from the correspond-ing period of 1925. Although local slaughter of hogsat primary markets was 15 per cent greater than inOctober, the number of hogs slaughtered in November
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was 3 per cent smaller than a year ago, with a declinein the 11 months' total amounting to 11 per cent,Cold-storage holdings of pork and pork products,although smaller than at the end of October, weresmaller than at the end of November of last year.Exports of pork were smaller than in either compara-tive period. Production of lard was greater in Novem-ber than in either the preceding month or Novembera year ago, while the cold-storage holding of lard,although smaller than at the end of October, werelarger at the end of November than a year ago. Lardexports were smaller than in October but 9 per centgreater than in November, 1925. Prices of hogs andpork were generally lower than in October but higherthan in November of last year. Lard prices, on theother hand, were lower than in either comparativeperiod.
Receipts of sheep and lambs at the principal markets•were smaller than in October but 12 per cent greaterthan last year, making the total for the 11 months 8per cent larger than in the corresponding period of1925. Shipments of sheep and lamb made similarcomparisons. Cold-storage holdings of lamb andmutton at the end of November were more thantwice as large as a year ago. Wholesale prices ofsheep and lamb averaged lower than in either theprevious month or November, 1925.
Receipts of poultry at the principal markets were 12per cent greater than a year ago, with the total for thefirst 11 months showing an increase of 13 per cent forthe same period of 1925. Storage holdings of poultryat the end of November were 23 per cent greater thana year ago.
Receipts of butter at the five principal markets weresmaller than in either the previous month or the samemonth of 1925, while the total for the first 11 monthsof the current year was practically the same as in 1925.Storage holdings of creamery butter at the end of No-vember were 14 per cent smaller than last year. Thewholesale price of butter continued to average higherbut was 4 per cent lower than in November, 1925.
Receipts of cheese showed a decline from both theprevious month and the same month of the procedingyear, with the total for the calendar year to dateregistering a decline of 8 per cent from the same periodof 1925. Storage holdings of cheese at the end ofNovember were 4 per cent smaller than last year.Exports of cheese were larger than in October butsmaller than a year ago. Wholesale prices for Ameri-can cheese averaged lower than in either the previousmonth or November, 1925.
Receipts of eggs at the principal primary markets,although smaller than in October, were considerablylarger than in last year, but egg receipts for the cal-endar year to date showed no change from the pre-vious vear.
Sales of powdered milk, although smaller than inOctober, were greater than In November of last year,with the totals for the first 11 months showing anincrease of 19 per cent over the preceding year.Exports of powdered milk, although larger than inOctober, were considerably smaller than a year ago.Exports of evaporated milk were 31 per cent largerthan in either October, 1926, or November, 1925.
SUGAR AND COFFEE
Imports of sugar were larger than in either the pre-ceding month or November a year ago. Meltings ofsugar at eight principal ports, although smaller thanin October, were 32 per cent larger than in November,1925. For the calendar year to date, sugar meltingswere 3 per cent ahead of last year. Stocks of rawsugar held at refineries at the end of November werethree times as large as a year ago. Receipts of domes-tic cane sugar at New Orleans were 30 per centsmaller than a year ago, but for the first 11 monthsan increase of 60 per cent was registered over thesame period of the preceding year. Exports of refinedsugar were smaller than in either the preceding monthor the same month of 1925. Prices for sugar, bothraw and refined, averaged higher than in either thepreceding month or November of last year.
RAW CANE SUGAE: TOTAL IMPORTS, MELTINGS, AMD REFINERYSTOCKS
[November, 1926, is latest month plotted]
Imports of coffee, although smaller than in October,were greater than in November, 1925. The worldvisible supply of coffee was 9 per cent smaller thanlast year, although the supply in the United Statesshowed an increase of 13 per cent. Receipts ofcoffee in Brazil were greater than a year ago, whileclearances from Brazil for world distribution weresmaller than in October but the same as last yearand for the United States, smaller than in eithercomparative period. Imports of tea showed a declinefrom both the previous month and November oflast year.
TOBACCO
Tax-paid withdrawals of cigars from warehouses,although smaller than in October, were 10 per centgreater than a year ago, with cigarettes and manu-
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factured tobacco showing similar comparisons. Ex-ports of unmanufactured leaf tobacco were smallerthan in either comparative period, while cigaretteexports, although smaller than in October, showed a22 per cent gain over November, 1925. Sales oftobacco at loose-leaf warehouses were greater thanin either the previous month or the same month of1925, the wholesale price of tobacco averaging 16 percent lower than a year ago.
TRANSPORTATION
River traffic on the Sault Ste. Marie Canals was3 per cent smaller than last year, although for theseason to date an advance of 8 per cent was registered.Traffic on the St. Lawrence Canal was also smallerthan last year, with the total for the year to dateshowing a decline of 1 per cent from 1925. Rivertraffic on the Ohio between Pittsburgh and Wheelingwas 46 per cent larger than a year ago with the 11months' total showing a gain of 40 per cent over thesame period of 1925. Although traffic on the Alle-gheny River was smaller than last year, the tonnagemoved on the Monongahela River showed an increase,with similar comparisons in the case of their respec-tive 11 months' totals.
Clearances of vessels engaged in foreign trade showedlarger tonnage in November than a year ago, with thegreatest relative increase occurring in the tonnage offoreign bottoms. New tonnages completed duringNovember were greater than in either the precedingmonth or November of last year, but for the calendaryear to date a decline of 3 per cent was registered inthe gross tonnage of new ships from the same periodof 1925.
Carloadings showed an increase of 4 per cent overa year ago, with a similar increase in the total for thefirst 11 months. The increase over 1925 was notgeneral, however, declines being registered in the caseof loadings of grain and grain products, livestock,forest products, ore, and miscellaneous merchandise.The freight car surplus was 6 per cent greater than ayear ago.
SURPLUS, SHORTAGE, AND BAD-ORDER FREIGHT CARS[November, 1926, is latest month plotted]
Shipments of railroad locomotives by the threeprincipal manufacturers were 21 per cent larger thanfor last year, making the total for the 11 months 41per cent greater than in the same period of 1925.Unfilled orders for railroad locomotives, although 33per cent larger than at the end of October, were 12per cent smaller than on November 30, 1925. Morelocomotives were retired by railroads during No-vember than during either the preceding month orthe same month of Jast year, while more were orderedfrom manufacturers than in either comparativeperiod.
DISTRIBUTION MOVEMENT
Sails by mail-order houses were larger in Novemberthan in either the preceding month or November, 1925,while the volume of business of leading 10-cent chainstore systems, although smaller than in October, waslarger than in November of the previous year. Ingeneral, chain-store business in the principal lines washigher than last year. Department store trade wasalso greater than in November, 1925. Magazine ad-vertising in November was greater than in either theprevious month or in the same month of the precedingyear. Newspaper advertising, on the other hand,showed declines from each comparative period.Postal receipts in 100 of the largest cities were greaterthan last year, with the 11-month total showing morethan 6 per cent increase over the corresponding periodof 1925.
SALES BY MAIL-ORDER HOUSES AND TEN-CENT CHAIN STORES
[November, 1926, is latest month plotted]
UOr
0 AA/vw1920
BANKING AND FINANCE
Check payments, indicative of the general volumeof trade, showed a decline from the preceding month,both in New York City and the country outside. Ascompared with last year, however, check payments,although smaller in New York, were larger for therest of the country.
Holdings of discounted bills by Federal reservebanks were larger at the end of November than atthe end of either the previous month or the correspond-ing month of 1925. Total investments, although
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20
larger than in October, were smaller than a year ago,while deposits, total reserves, and total notes in circu-lation each showed increases over both comparativeperiods. Although the reserve ratio declined 2 percent from the previous month, it stood almost 2 percent higher than at the end of November of the pre-ceding year. Total loans and discounts of Federalreserve member banks increased over the previousmonth and for November were 3 per cent ahead of lastyear. Investments of member batnks declined fromOctober but were higher than a year ago.
BILLS DISCOUNTED AND TOTAL INVESTMENTS OF FEDERALRESERVE BANKS
[November, 1926, is latest month plotted]
New life insurance business was greater in November,both in value and in number of policies and contracts,than in either the previous month or November, 1925.For the first 11 months of this year an increase of7 per cent in the aggregate value of new life insurancebusiness was registered, as compared with the corre-sponding period of 1925, despite a decline of one-halfof 1 per cent in the total number of policies andcertificates issued during the same period. Geo-graphically distributed, sales of ordinary life insur-ance made the best relative gain in the eastern man-ufacturing section, both as compared with the pre-vious month and the same month of 1925. For the11 months ending with November, the western man-ufacturing district reported the largest relative in-crease, the southern district coming next.
LOANS, DISCOUNTS, AND TOTAL INVESTMENTS OF FEDERALRESERVE MEMBER BANKS
[November, 1926, is latest month plotted]
Prices of stocks, both industrial and railroad, ad-vanced over the preceding month, with railroad stocksshowing an increase over the previous year as weil.Sales of stocks on the New York Stock Exchangewere smaller in volume than in either comparativeperiod.
Bond prices continued to advance, both as comparedwith the previous month and the same month of lastyear. Bond sales on the New York Stock Exchangewere larger in volume than in either comparativeperiod.
Loans to brokers and dealers by New York Fed-eral reserve banks increased 2 per cent over the pre-vious month. Interest rates on New York call loansaveraged lower than in either the previous monthor the same month last year. Rates on commercialpaper were also lower than in October, but reportedan advance over a year ago.
Dividend and interest payments scheduled for De-cember were 3 per cent and 5 per cent greater, re-spectively, than in the previous month and the samemonth of last year. Business failures, although morenumerous in November than in either the precedingmonth or the same month of last year, representedsmaller defaulted liabilities than in either compar-ative period. For the 11 months ending with No-vember, an increase of 2 per cent in the number offailures over the same period of 1925 may be contrastedwith a decline in defaulted liabilities amounting to11 per cent.
NUMBER OF BUSINESS FAILURES AND DEFAULTED LIABILITIES-
[November, 1926, is latest month plotted]
The gross debt of the Federal Government was stillfurther reduced and at the end of November was 5 percent below a year ago. Customs receipts in November,although smaller than in October, were 9 per centgreater than last year, while for the 11 months anincrease of 6 per cent was recorded over the same periodof 1925. The per capita distribution of money heldoutside of the United States Treasury and Federalreserve system increased in November over theprevious month, but was lower than last year.
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GOLD AND SILVER
Domestic receipts of gold at the mint, although lowerthan in October, were greater than a year ago, withthe Rand output of gold showing similar comparisons.Imports of gold were larger than in either the previousmonth or in November, 1925, while gold exports,though showing an increase over the previous month,were considerably below last year. An export balanceof gold for the first 11 months of 1925 maybe contrastedwith an import balance for the same period of 1926.The production of silver, although smaller than inOctober, was larger than last year. Both silverimports and exports showed declines from both theprevious month and November, 1925. The price ofsilver at New York continued to decline and forNovember was 22 per cent lower than a year ago.
GOLD TRADE BALANCE: SHOWING EXCESS OF IMPORTS OREXPORTS
[November, 1926, is latest month plotted]
FOREIGN EXCHANGE AND TRADE
With the exception of exchange on France, Italy,Belgium, and Japan, rates on principal currencieseither showed no change from the previous month or
IMPORTS AND EXPORTS OF MERCHANDISE
[November, 1926, is latest month plotted]
were lower, with the principal decline occurring in theBrazilian'milreis. As compared with a year ago, rateson the principal currencies were generally lower inNovember, with the exception of exchange on Italy,Belgium, and Japan, which were higher, and England,Switzerland, and Canada, which showed no change.Imports of merchandise into the United States werelower than in either the previous month or the samemonth of last year, while exports of merchandiseshowed an increase over both comparative periods.
CENSUS OF MANUFACTURES, 1925
The Bureau of the Census announces preliminaryreports from additional manufacturing industries,collected pursuant to the census of manufactures forthe year 1925. The following table summarizes someimportant data made available since the publicationof the previous issue of the SURVEY, earlier figureshaving been presented in each issue beginning withJuly, 1926. Further compilations will appear in thefuture issues as the data relating thereto are completed.Statistics in greater detail for each industry may beobtained from the bureau's preliminary statements onthe respective industries.
ADDITIONAL PRELIMINARY RETURNS, CENSUS OF MANUFAC-TURES, 1925
INDUSTRY
Artificial limbsBaking powders, yeast, and
other leavening compounds.Bookbinding and blank book-
makingCutlery and edge toolsBoot and shoe cut stock, not
made in boot and shoe fac-tories _.
Chemical fire extinguishers..Cordage and twine, jute
goods and linen goodsEmery wheels and other
abrasive and polishing ap-pliances
Envelopes ... . .ExcelsiorGold leafLabels and tagsLard substitutes and cook-
ing fatsLithographing .Mattresses and bed springs ..Music printing and publish-
ingPhoto-engraving, not done in
printing establishmentsSoap _ . _ .Sporting and athletic goods..Surgical appliancesTin plate and terneplateTypewriters and suppliesWall paperWood, turned and carved....
VALUE OF PRODUCTS
1925 1923
Thousands ofdollars
3,021
74, 593
81,60080, 391
84,2208,037
138,760
25,58251, 1894,9013,714
28,045
110,00298, 721
110,484
15,090
58,640270, 27342, 56955,264
190, 91863,08030,06935,407
2,635
76, 95972,477
89,2916,152
125,095
25,30750,7525,3623,562
26,023
58, 78791, 671
107, 562
14, 627
43,660276, 40341,79744,968
165, 58752,49834, 75638,077
Perc ent in-crease1
14.7
6.010.9
-5.730.6
10.9
1.10.9
-8.64.37.8
87.17.72.7
3.2
34.3-2.2
1.822.915.320.2
-13.5-7.0
PERSONS EMPLOYED
Percent in-creaseover1923 l
14.0
0.5-1.6
0.910.5
-3.5
-8.1-2.0
1.225.16.1
16.33.92.0
3.9
15.8-12.2-10.1
9.5
0.0-6.2-8.3
Per cent mini-mum monthis of maxi-mum month
1935
97.4
88.1
94.187.7
82.780.7
88.0
83.892.288.696.795.3
80.195.282.5
93.8
95.494.790.993.3
86.372.988.0
1923
2.1
91.992.6
82.378.0
90.1
84.596.484.857.590.7
68.695.787.2
84.6
98.091.788.694.7
92.973.392.7
i A minus sign (—) denotes decrease.
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INDEXES OF BUSINESS
The index numbers presented in this table are designed to show the trend in production, prices, trade,etc., in various groups of industry and commerce. They consist in general of weighted combinations of seriesof individual relative numbers; often the individual relative numbers making up the series are also given.The function of index and relative numbers is explained on the inside front cover. A condensed form of thistable is given on page 9.
PRODUCTION
(Relative to 1919 monthly average as 100)
RAW MATERIALS
Grand total -
MINERALS
Total-PetroleumBituminous coal - --_Anthracite coal - _ -Iron ore* .. _ _CopperT ^YLeadZinc - - _-Gold . - _Silver -
ANIMAL PRODUCTS (marketings)Total.
Wool* .Cattle and calvesHogsSheepEggs*Poultry*FishMilk (New York)
CROPS (marketings)Total
Grains*-.Vegetables*Fruits* _Cotton products*Miscellaneous crops*. .
FOREST PRODUCTSTotal
Lumber _Pulpwood.G u m (rosin a n d turpentine)* _ _ _ _ _ _Distilled wood
MANUFACTURING
Grand total (adjusted for working days)Grand total (unadjusted)
FoodstuffsTextilesIron and steelLumber _ _ _ _LeatherPaper and printingChemicals, oils, etc .Stone and clay productsMetals, excepting iron and steelTobaccoMiscellaneous
Maxi-mumsince
Jan. 1,1920
180
165219154122273150191142131145
138253143177153245390185190
246242254405346170
136137164267149
135137129130151166115127206174195137157
Mini-mumsince
Jan. 1,1920
73
621054100
1778385780
801958645430214594
494358501219
6159512024
71687754325763699269717037
1925
Sep-tember
151
133208121
118713415712580
103
10542
10573
1167895
162141
191156199332234110
13113285
21693
12212210997
11815889
106173151183123118
Octo-ber
158
140206137
117814018812413098
11533
13691
14160
139122138
196106234274310114
13613711917894
13213711310813016696
118188158193132148
No-vember
146
129196131
2108133174134104104
11941
1111037636
31487
133
174110121175277138
120120124131104
12812398
10513114477
114181133159116129
1926
Sep-tember
148
156207126115245142167137113103
11148
11775
14579
124141143
17213318032721395
12012081
22291
13513511211013315194
119186165180133147
Octo-ber
179
165219141118238149189141110106
11739
13087
13659
157137145
232135250399346137
12112189
20997
13413410811213915095
125206162178137133
No-vember
164
155207154101100149187138106104
12647
120958549
353115138
199108137202343142
11211099
184102
12112198
11212713781
123196144154128110
PER CENT INCREASE (+)OR DECREASE (— )
November,1926, fromOctober,
1926
-8.4
-6.1-5.5+ 9.2
-14.4-58.0
0.0-1. 1-2. 1-3.6-1.9
+ 7.7+ 20.5-7.7+ 9.2
-37.5-16.9
+ 124.8-16. 1-4.8
-14.2-20.0-45.2— 49. 4-0.9+ 3.6
-7.4-9. 1
+ 11.2-12.0+ 5.2
-9.7-9.7-9.3
0.0-8.6-8.7
-14.7-1.6-4.9
-11. 1-13.5-6.6
-17.3
November,1926, from
November.1025
+ 12.3
+ 20.2+ 5.6
+ 17.6
-7. 4+ 12.0+ 7.5+ 3.0+ 1.9
0.0i
+ 5.9+ 14.6+ 8.1-7. 7
+ 11.8+ 36.1+ 12.4+ 32.2+ 3.8
+ 14.4-1.8
+ 13.2+ 15.4+ 23.8+ 2.9
-6.7-8.3
-20.2+ 40.5-1.9
-5.5-5.5
0.0+ 6.7-3. 1
4.9+ 5.2+ 7.9+ 8.3+ 8.3-3.1
+ 10.314.7
' Fluctuations between maximum and minimum due largely to seasonal conditions.
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23
INDEXES OF BUSINESS—Continued
STOCKS(Relative to 1919 monthly average as 100)
(Corrected for seasonal variation)Total _
Raw foodstuffs ,.Raw materials for manufactureManufactured foodstuffsManufactured commodities
(Unadjusted index)Total
Raw foodstuffs „ .Raw materials for manufactureManufactured foodstuffsManufactured commodities
UNFILLED ORDERS(Relative to 1920 monthly average as 100)(Iron, Steel, and Building Materials)
Total (8 commodities)Iron and steel -Building materials -
WHOLESALE TRADE(Relative to 1919 monthly average as 100)
(Distributed by Federal Reserve Districts)Grand total, all classes -
Hardware (10 districts)Shoes (8 districts) _Groceries (11 districts)Drugs (7 districts)Dry goods (8 districts) - - -Meats - -
RETAIL TRADE(Relative to 1919 monthly average as 100)
MAIL-ORDER HOUSES (4 houses) .CHAIN STORES:
Ten-cent (5 chains) _ _ _Music (4 chains)Grocery (27 chains)Drugs (9 chains) _Cigar (3 chains)Candy (5 chains)Shoe (6 chains) - _
DEPARTMENT STORES:Sales (359 stores) -Stocks (314 stores)
EMPLOYMENT(Relative to 1923 monthly average as 100)
Number employed, by industries:Total, all classes . .
Food productsTextilesIron and steelLumber - _ - _ - _LeatherPaper and printing .ChemicalsStone, clay, and glassMetal products other than iron and steel-Tobacco productsVehicles -Miscellaneous _ _
Maxi-mumsince
Jan. 1,1920
197346189121185
1S9270217115179
116112153
126129136135133150
1 89
170
427214347225212282188
226156
* 1022 1072 1032 1042 1032 1052 1052 1052 1052 1072 1082 1032 107
Mini-mumsince
Jan. 1,1920
9173895886
8470685688
403225
605943628858
'46
49
8455
11910910610972
80100
2 852 862 812 792 922 832 932 842 902 662 842 752 80
1925
Sep-tember
14816015579
180
13913315387
171
5238
109
941097292
12011282
114
191136245169142202129
122143
919287869495
10097
10096929290
Octo-ber
13111314473
176
14112119477
172
534394
1011227799
13311887
170
237141318179151215164
165149
929590889496
10298
10198959589
Novem-ber
13212814274
170
14413419373
172
5847
101
861035991
1109272
144
220139272167136195136
145154
939490899392
10398
100100959491
1926
Sep-tember
17225613088
183
15018812394
172
493892
971118492
12411386
120
211138303192153218142
131142
929284939294
10410010496859196
Octo-ber
17426414384
180
17122219186
175
463882
941147691
13310285
150
257151334206162227158
158153
939486929294
10510010296878998
Novem-ber
19734616078
177
189270217
78179
453874
861066787
1179175
151
247146347198150232150
156156
919286919092
10799
10195828599
PER CENT INCREASE (-f )OR DECREASE (— )
November,1926, fromOctober,
1926
+ 13.2+ 31.1+ 11.9-7. 1-1.7
+ 10.5+ 21.6+ 13.6-9.3+ 2.3
-2.20.0
-9.8
-8.5-7.0
-11.8-4.4
-12. 0-10.8-11.8
+ 0.7
-3.9-3.3+ 3.9-3.9-7.4+ 2.2-5. 1
-1.3+ 2.0
-2.2-2. 1
0.0-1. 1-2.2-2. 1+ 2.0-1.0-1.0-1.0
0.0-4.5+ 1.0
November,1926, from
November,1925
+ 49.2+ 170.3+ 12.7+ 5.4+ 4.1
+ 31.2+ 101.5+ 12.4+ 6.8+ 4.1
-22.4-19. 1-26.7
0.0+ 2.9
+ 13.6-4.4+ 6.4-1. 1+ 4.2
+ 4.9
+ 12. 3+ 5.0
+ 27.6+ 18.6+ 10.3+ 19.0+ 10.3
-7.6+ 1.3
-2.2-2. 1-4.4+ 2.2-3.2
0.0+ 3.9+ 1.0+ 1.0-5.0
8 4-9.6+ 8.8
i Since Jan. 1,1921. * Since July 1,1922.
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INDEXES OF BUSINESS—Continued
EMPLOYMENT— Continued(Relative to 1923 monthly average as 100)
Amount of pay roll, by industries:Total, all classes
Food productsTextiles -Iron and steel - _Lumber _ .LeatherPaper and printing _ChemicalsStone, clay, and glassMetal products other than iron and steel-Tobacco productsVehiclesMiscellaneous _
PRICE INDEX NUMBERSFARM PRICES
(Relative to 1909-1914 average as 100)All groups -
Grain _Fruits and vegetablesMeat animalsDairy and poultryCotton and cottonseedUnclassified
WHOLESALE PRICESDepartment of Labor Indexes
(Relative to 1913)All commodities
Farm productsFood, etcCloths and clothingFuelsMetals and metal productsBuilding materialsChemicalsHouse-furnishing goods _ _ _Miscellaneous
Commercial Indexes(Relative to 1913)
Dun's (1st of following month) :Bradstreet's (1st of following month)
COST OF LIVINGNational Industrial Conference Board Indexes
(Relative to July, 1914)All items weighted
Food (Dept. Labor)ShelterClothingFuel and light.Fuel „ _ _ _ _LightSundries
Maxi-mumsince
Jan. 1,1920
21052 107210621082 1062 1082 1142 1062 1122 1102 1122 1072 112
235283373186215304180
248243248346281203300213275208
218227
205219186288
»179208123192
Mini-mumsince
Jan. 1,1920
2 742852 722 622 842 782 882 852 842 702 832 602 72
11088
10891
1227674
138114131171162109155121160111
134115
155139143153
»156174118171
1925
Sep-tember
90938385
10091
10396
10393929191
14414814214314117890
160160160189169127174136168135
161154
168159178176161181121174
Octo-ber
96989092
10292
1081001099999
10093
14313515214115417190
158155158190172128174135168138
163155
170162178176162183121174
No-vember
96979093
10185
11010110910210110193
14413819413616214495
158154160188175130176135166142
164156
172167178176167190122175
1926
Sep-tember
95968396
10094
11110310894899199
13412113614813913493
151141152175182127172131160120
155139
167159175174161182121173
Octo-ber
99988899
10294
114105111989394
105
1301231361481449497
150139152172184127172129160119
155138
167160174173163185121174
No-vember
95968596
10087
115104109969288
103
1301211421421578897
148135151170190127174129160118
155139
168162174173170195121173
PER CENT INCREASE (+)OR DECREASE (— )
November,1926, fromOctober,
1926
-4.0-2.0-3.4-3.0-2.0-7.4+ 0.9-1.0-1.8-2.0-1. 1-6.4-1.9
0.0-1.6+ 4.4-4. 1+ 9.0-6.4
0.0
-1.3-2.9-0.7-1.2+ 3.3
0.0+ 1.2
0.00.0
-0.8
0.0+ 0. 7
+ 0.6+ 1.3
0.00.0
+ 4.3+ 5.4
0.0-0.6
November,1926, from
November,1925
+ 11+ 1.0+ 5.9-3. 1+ 1.0-2.3-4.3-2.9
0.0+ 6.3 .+ 9.8
+ 14.8-9.7
-9.7-12.3-26.8+ 4.4-3.1
-38.9+ 2.1
-6.3-12.3-5.6-9.6+ 8.6-2.3-1. 1-4.4-3.6
-16.9
-5. 5-10.9
-2.3-3.0-2.2-1.7+ 1.8+ 2.6-0.8-1. 1
i Since July 1,1922. » Since Jan. 1,1923.
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25
TREND OF BUSINESS MOVEMENTSThe following table contains a summary of the monthly figures, designed to show the trend in important
industrial and commercial movements. These data represent continuations of the figures presented in thelatest semiannual number (August, 1926), in which monthly figures for 1925 and 1926 may be found, togetherwith explanations as to the sources and exact extent of the figures quoted. The figures given below shouldalways be read in connection with those explanations. Data on stocks, unfilled orders, etc., are given as of theend of the month referred to. For explanations of relative numbers, including base periods, see introductionon inside front cover.
The c u mn lat ices shown are throughNovember except where otherwisenoted. Earlier data for items shownhere may be found on pages 22 to 151of the August, 1926, "Survey"
TEXTILES
Wool
Receipts at Boston:Total . . thous. oflbsDomestic j__-thous. of lbs_.Foreign thous. of Ibs-
Imports:In condition imported thous. of lbs._Grease equivalent thous. of Ibs
Consumption by textile mills,grease equivalent thous of Ibs
Machinery activity, hourly:Looms-
Wide per ct. of hours active..Narrow per ct. of hours active--Carpet and rug.per ct. of hours active..
Sets of cards per ct. of hours active--Combs per ct. of hours active--Spinning spindles-
Woolen per ct. of hours active..Worsted per ct. of hours active..
Prices:Raw, territory, fine, scoured ..dolls, per lb_.Raw, Ohio and Pa. fleeces,
y± blood, combing, grease. .-dolls, per lb_.Worsted yarn _. .dolls, per lb._Women's dress goods, French
serge dolls, per yd_.Men's suitings ..dolls, per yd. .
Cotton
Production, crop estimate thous. of bales..Ginnings _. ..thous. of bales..Receipts into sight thous. of balesImports, unmanufactured bales .Exports, unmanufactured
(including linters) _ balesConsumption by textile mills balesStocks, domestic, end of month:
Total, mills and w'houses. -thous. of bales..Mills.. _ thous. of bales..Warehouses. _ thous. of bales..
Stocks, world visible, end of month:Total thous. of bales-American thous. of bales. .
Machinery activity of spindles:Active spindles thousands..Total activity millions of hours. .Activity per spindle hours..Per cent of capacity per cent..
Prices:To producer dolls, perlb..In New York, middling dolls, perlb..
Cotton Goods
Cotton finishing:Billings, finished goods (as
produced thous. of yds..Orde r s received, gray
yardage. thous. of yds..Shipments, finished goods casesStocks, finished goods cases..Operating activity per ct. of capacity..Average work ahead, end of month.. days..
Cotton textiles:Total (9 classes)—
Production thous. of yds..Stocks, end of month thous. of yds..Unfilled orders, end mo. -thous. of yds..
Sheetings-Production thous. of yds. .Stocks, end of month thous. of yds..Unfilled orders, end mo. -thous. of yds._
Print cloth-Production thous. of yds..Stocks, end of month thous. of yds..Unfilled orders, end mo. -thous. of yds_.
1936
July
50, 67545, 1625,513
12, 54513,958
38,236
5353556868
6656
1.14
.431.40
.733.29
15, 621
13112,090
365, 522460, 918
3,0331,0971,937
3,6862,284
31, 0826,770
18078.9
.154
.187
65, 714
67, 27243,72440,446
505.2
167, 365247, 825211, 515
43,89429, 39856, 303
53, 14257, 72046, 756
August
28,03523, 6114,424
15, 30519,200
40,859
5655607174
6766
1.11
.441.40
.733.29
15, 166
53613,280
391, 329500, 652
2,637921
1,716
3,1831,989
31, 3227,489
20087.4
.161
.187
69,554
75, 18044, 33638,449
595.7
208, 658216, 253270,482
61,00827, 32465, 084
73, 01653, 14259, 224
Septem-ber
13,0188,5114,507
13, 99718, 998
45, 770
6457628084
7674
1.11
.441.40
.713.29
16, 627
2,12610,007
794, 584571, 105
4,230937
3,293
4.2843,116
32, 1358,248
22098.5
.168
.170
79, 223
84,43849, 31236,868
666.7
190, 556184, 036302, 130
52, 69126, 60160,912
59,06037, 13966, 361
October
13,3366,9216,415
19, 26424,499
49,072
7168658990
8679
1.12
.451.40
.703.29
17, 918
3,48330, 449
1, 369, 820568, 532
6,6861,2165,470
6,1485,056
32, 5938,370
22498.9
.117
.132
88, 295
79,35051, 01036, 161
706.2
230, 607181, 834290, 917
66, 20534,36552,968
71, 81829, 50585,032
Novem-ber
14,8348,4516,383
25,06332, 127
47,808
7367678488
8180
1.12
.451.40
.703.29
18,618* 15, 542
3,59341, 441
1, 486, 224583, 950
8,0151,4986,518
7,4576,368
32, 5878,480
227101.2
.110
.128
79, 480
76,48345, 94137, 113
636.0
197, 231193, 099277, 857
53,00845, 21256, 751
58,58428, 42488.957
1925
October
17,4065,885
11, 521
23, 92029, 941
47, 327
7267648188
8280
1.32
.511.65
.803.60
3,14912, 402
1, 421, 482544, 097
5,7181,2174,501
5,1944,115
32, 5207,962
21089.5
.215
.220
85, 859
85,90747, 55639, 917
676.5
174, 349206,807304, 292
42, 91133, 33156, 092
54,76016, 71090,376
Novem-ber
16, 1267,3098,817
25, 17031, 114
43,471
7468698390
8175
1.32
.541.60
.803.60
1 16, 104* 14, 832
2,94227, 007
1,206,7863 543, 488
3 6, 6643 1, 4573 5, 207
6,0484,903
3 32, 9137,834
207395.9
.181
.208
78, 239
75, 45339, 67640, 511
616.8
221, 599217, 521286, 019
55, 94535,38446, 837
77,64221, 10596. 732
PER CENT IN-CREASE (-f ) ORDECREASE (-)
Nov.,1926,fromOct.,1926
+11.2+22.1-0.5
+30.1+31.1
-2.6
+2.8-1.5+3.1-5.6-2.2
-5.8+1.3
0.0
0.00.0
0.00.0
+3.9
+3.2+36.1
+8.5+2.7
+19.9+23.2+19.2
+21.3+25.9
0.0+1.3+1.3+2.3
-6.0-3.0
-10.0
-3.6-9.9+2.6
-10.0-3.2
-14.5+6.2-4.5
-19.9+31.6+7.1
-18.4-3.7+4.6
Nov.,1926,fromNov.,1925
-8.0+15.6-27.6
-0.4+3.3
+10.0
-1.4— 1 5-2.9+1.2-2.2
0.0+6.7
-15.2
-16.7-12.5
-12.5—8. 6
+22.1+53.4
+23.2+7.4
+20.3+2.8
+25. 2
+23.3+29.9
-1.0+8.2+9.7+5.5
-39.2-38.5
+1.6
+1.4+15.8-8.4+3.3
-11.8
-11.0-11.2-2.9
-5.2+ 7.8+21.2
-24.5+34.7-8.0
CUMULATIVE TOTALFROM JANUARY 1THROUGH NOVEM-BER 30
1935
287, 258126, 715160,543
316, 075384, 140
481, 523
1936
331, 717159,372172,345
284, 766338, 917
462, 194
I
13, 348278,987
7, 548, 1025, 853, 742
13, 821322, 636
7, 516, 0906,081,247
Per ct.in-
crease<•#or de-
crease(-)
cumu-lative1926
from1925
+15.5+25.8+7.4
-9.9-11.8
-4.0
+3.5+15.6
-0.4+3.9
jj
1
861, 535
840, 243479, 537
889, 390
866, 428522, 664
I
jI
+3.2
+3.1+9.0
1
i Final estimate for 1925. « As of Dec. 13. J Revised.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
26
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives shown are throughNovember except where otherwisenoted. Earlier data for items shownhere may be found on pages 22 to 151of the August, 1926, "Survey"
TEXTILES— Continued
Cotton Goods—Continued
Cotton textiles— Continued.Pajama checks-
Production thous. of yds..Stocks, end of month thous. of yds..Unfilled orders, end mo_. thous. of yds..
Drills and twills (40" and narrower) —Production thous. of yds..Stocks, end of month thous. of yds.-Unfilled orders, end mo_ .thous. of yds..
Pocketing twills and jeans-Production thous. of yds..Stocks, end of month thous. of yds..Unfilled orders, end mo_.thous. of yds..
Osnaburgs—Production thous. of yds..Stocks, end of month thous. of yds..Unfilled orders, end mo_.thous. of yds..
Heavy warp sateens-Production - thous. of yds..Stocks, end of month thous. of yds..Unfilled orders, end mo._thous. of yds..
Drills, twills, sheetings, and sateens (widerthan 40")—
Production thous. of yds..Stocks, end of month thous. of yds..Unfilled orders, end mo. .thous. of yds..
Colored goods-Production thous. of yds..Stocks, end of month thous. of yds..Unfilled orders, end mo-.thous. of yds..
Fine cotton goods, production pieces..Cotton cloth exports thous. of sq. yds..Fabric consumption
by tire manufactures thous. of lbs._Elastic webbing sales .. thous. of yds..Prices:
Cotton yarn —22/1 cones, Boston dolls, perlb..40/ls, New Bedford dolls, perlb..
Print cloth, 64 x 60 dolls, per yd..Sheeting, brown dolls, per yd..Cotton goods (Fairchild)... index number
Silk
Imports, raw thous. of Ibs..Deliveries (consumption) balesStocks, end of month:
At warehouses bales..At manufacturers' plants bales..
Price, Japanese, New York dolls, per lb_.Silk machinery activity:
Broad looms per cent of normal..Narrow looms per cent of normal .Spinning spindles per cent of normal..
Clothing
Men's and boys' garments cut:Suits thous. of garments .Separate trousers thous of garmentsOvercoats thous. of garments
Work clothing:Cut . . _. dozen garments __Net shipments dozen garmentsStocks, end of month dozen garments..
Hosiery
Production . thous. of dozen pairs. _Net shipments thous of dozen pairsStocks, end of month thous. of dozen pairs..New orders thous of dozen pairs .Unfilled orders, end mo—thous. of dozen pairs. .
Knit Underwear
Production thous. of dozensNet shipments. .. _ thous. of dozens..Stocks, end of month... thous. of dozens..New orders thous. of dozensUnfilled orders, end of mo thous. of dozens. .
Burlap and FibersImports:
Burlap . thous. of lbs._Fibers (unmanufactured) .. long tons..
Pyroxylin Coated Textiles
Pyroxylin spread . . thous. of lbs_.Shipments billed thous of linear ydsUnfilled orders, end of mo. thous. of linear yds..
1926
July
6,5882,043
26, 080
7,73521, 0567,650
1,6135,2231,744
7,6941,900
13,338
5481,2371,383
4,4207,9848,827
41, 731121, 26449, 434
339, 75549,042
14, 05010, 054
.344
.500
.073
.089155
6,31339,425
27, 52818, 665
5.78
78.759.581.7
1,4091,435
486
229,323205,447298,013
3,0603,0787,6162,9666,170
821843
1,507616
2,100
55,25819,975
3,0932,3012,186
August
8,8793,046
24,806
9,84316, 51010,084
2,3453,8752,817
9,5672,131
10,236
991276
1,281
5,1418,7468,994
37, 868101, 20387, 956
302, 57138, 227
16, 14010, 695
.363
.500
.076
.092157
6,20745, 943
28,00619,274
5.98
78.961.882.0
1,4291,479
576
259,963249,271295,607
3,3593,7677,3783,4775,786
9271,1091,386
9741,952
52,99015,070
3,4232,5102,158
Septem-ber
7,3402,906
26, 393
8,55014, 30410, 957
1,9853,1083,607
8,0393,736
11, 770
969258
2,074
4,8668,3779,049
47, 05687, 607
111,007413, 76245, 983
15, 91011, 429
.367
.506
.076
.093159
7,04643,962
34, 45918, 491
6.13
80.866.687.5
1,1701,591
577
286,759262,264301,160
3,5574,0156,9533,9465,566
1,0041,3251,1961,0871,659
32,066lo,004
3,4702,4072,067
October
9,7362,864
25,046
10, 36112,9079,224
2,8121,6452, £01
9,8254,734
15, 198
1,651238
1,624
5,2848,712
11,240
52, 91586, 86487, 684
401,63637, 556
12, 001
.329
.482
.068
.090154
7,93647, 768
35,09422, 762
5.78
1,1081,518
676
271, 984226, 728308, 731
3,6943,9406,8434,2895,667
1,0151,1661,042
9491,411
53,b9618,836
2,9542,3741,625
Novem-ber
8,3443,539
21, 778
9,22912, 51710, 618
2,4281,5643,962
7,2002,786
14, 756
1,624336
2,123
5,0568,426
10, 544
51, 75890,29568,368
406, 89643, 284
.321
.470
.069
.085148
7,93447, 634
47, 13022, 821
5.49
36, 52925,017
1925
October
2,8542,1198,014
13,40916, 99218, 802
3,7444,2863,674
5,8197,7934,355
1,086775
1,555
5,3052,782
18, 130
44, 461122,019103, 294452, 55244, 887
12, 44613,637
.430
.562
.096
.108187
7,24046,815
39,42330, 107
6.66
93.761.3
112.9
1,0411,731
657
285,304246,209303,001
4,0514,0675,4764,5807,163
1,2171,429
9411,4992,672
42, 62123, 621
2,9872,3801,852
Novem-ber
3,9691,6199,370
17,00917, 46318, 195
4,9975, 5633,312
6,7239,4646,124
1,5211,4101,539
6,4032,881
22, 423
47,390122, 63281, 487
385, 84143,084
11,34911, 658
.407
.546
.089
.108182
6,81441,848
46,81330,602
6.57
96.459.1
107.0
1,0861,536
440
248, 687194, 121318,428
3,8033,6075,7383,5806,993
1,0941,092
9571,0182,466
39, 95726, 930
2,5371,9751,933
PEE CENT IN-CREASE (+) OBDECKEASE (— )
Nov.,1926,fromOct.,1926
-14.3+23.6—13.0
-10.9-3.0
+15.1
13.7-4.9
+36.6
-26.7-41.1-2.9
-1.6+41.2+30.7
-4.3-3.3-6.2
-2.2+3.9
-22.0+1.3
+16.7
-2.4-2.5+1.5-5.6-3.9
0.0-0.3
+34.3+0.3-5.0
-32.0+32.8
Nov.,1926,fromNov.,1925
+110. 2+118. 6+132.4
-45.7-28.3-41.6
51.4-71.9+19.6
+7.1-71.6
+141. 0
+6.8-76.2+37.9
-21.0+192. 5-53.0
+9.2-26.4-16.1+5.5+0.5
-21.1-13.9-22. 5-21.3-18.7
+16.4+13.8
+0.7-25.4-16.4
-8.6-7.1
CUMULATIVE TOTALFROM JANUARY 1THROUGH NOVEM-BER 30
1925 1926
1
i
4,604,081496,334
4 136, 936
68,831458, 859
4 14, 3874 16, 114
< 3, 792
* 2, 567, 8924 2, 255, 941
* 38, 425* 38, 105
4 40, 179
4 11, 687
574, 453283,228
* 23, 995* 20, 169
i
4,365,768 i470,912
4 105, 365
69,704461, 775
4 14, 0714 15, 959
4 4, 034
4 2, 589, 1564 2, 325, 211
* 35, 0454 35, 993
4 36, 391
4 10, 444
557, 236265, 899
4 29, 3514 22, 689
Per ct.in-
crease(1?or de-
crease(-)
cumu-lative
1926from1925
-5.2-5.1
-23.1
+1.3+0.6
-2.2-1.0+6.4
+0.8+3.1
-8.8-5.5
-9.4
-10.6
-3.0-6.1
+22.3+12.5
* Ten months' cumulative ending Oct. 31.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
27
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives shown are throughNovember except where otherwisenoted. Earlier data for items shownhere may be found ctn pages 22 to 151of the August, 1926, *' Survey"
FUR«Sales.. thous. of dollars..
BUTTONS
Fresh- water pearl buttons:Production . per ct. of capacityStocks end of month thous of gross
IEON AND STEEL
IronIron ore:
Shipment from mines. .thous. of long tons..Receipts-
Lake Erie ports andfurnaces. . . thous. of long tons..
Other ports thous. of long tons..Consumption.. thous. of long tonsStocks-
Total thous of long tonsAt furnaces thous. of long tonsOn Lake Erie docks. thous. of long tons..
Pig-iron production:Total, U. S _ _ thous. of long tonsMerchant furnaces thous. of long tons..Canada ___ thous. of long tons
Furnaces in blast, end of month:Furnaces ._ . numberCapacity long tons per dayPer cent of total per cent
Ohio gray-iron foundries:Meltings-
Actual.. _ ._ long tonsNormal long tons..Ratio to normal per cent of normal..
Stocks, end of month, .per cent of normal..Receipts per cent of normal
Malleable castings:Production short tonsOperating activity per ct. of capacity..Shipments _ short tonsOrders booked short tons
Wholesale prices:Foundry No. 2,
northern dolls, per long tonBasic (valley furnace).. dolls, per long ton..Composite pig-iron dolls, per long ton..Cast-iron Boilers and Radiators
Round boilers:Production thous. of IbsShipments thous. of Ibs..Orders received., . . thous. of IbsStock on hand, end month. ..thous. of Ibs..
Square boilers:Production thous. of Ibs..Shipments.. . . thous. of IbsOrders received thous. of Ibs..Stock on hand, end month.. .thous of lbs._
Radiators:Production.thous. sq. ft. of heating surface..Shipments. thous. sq. ft. of heating surface--Orders re-
received.. thous. sq. ft. of heating surface--Stock on hand, end
month. .thous. sq. ft. of heating surface..Crude Steel
Steel ingots, production:United States. . thous. of long tonsC anada . thous . of long tons
U. S. Steel Corporation:Unfilled orders,
end of month. thous. of long tonsSteel castings:
Bookings-Total short tons..Ratio to capacity per centRailroad specialties . short tonsMiscellaneous short tons..
Production:Total short tons..Ratio to capacity per centRailroad specialties short tonsMiscellaneous short tons. _
Sheets, blue, black, galvanized, and full fin-ished:
Production-Total short tonsRatio to capacity per cent..
Stock, end of month-Total short tons.Unsold short tons..
Shipments short tons..Sales. short tonsUnfilled orders, end of month, .short tons..
1926
July
13,230
38.612, 196
9,999
7,3002,6094,787
26, 69121, 5825,109
3,223762
67
216103, 245
58.5
18, 47224,038
76.87956
51, 56850.4
50,99852, 716
19.4517.6320.23
17,05820,88223, 157
107, 171
18, 25723,99127,904
111,713
14,42414,983
16, 243
52, 915
3,65165
3,603
74, 43057
29,25845, 172
85,33866
30,61354, 725
239,76477.3
153, 96246,031
264,025352, 414520,281
August
17,647
44.411, 754
10, 709
7,6552,6514,796
32, 17426, 2805,894
3,20077659
213102, 085
57.7
20, 84623,791
87.68471
53, 79652.0
53, 58645,802
19.2617.5020.19
18, 17427, 39329,858
102,913
21, 44430,24933, 187
105,071
14, 30819, 845
23,028
46, 519
4,00546
3,542
66,15251
22,94543,207
79, 56862
25,94553, 623
293, 70392.0
147, 86244,988
281, 602283, 055521, 837
Septem-ber
16,969
44.411,759
9,622
7,3462.5864,738
37,33530,4386,897
3,13670064
215105,480
58.1
15, 42717, 969
85.810185
54,63053.2
50,88543, 874
19.3917.5020.18
22,35927,929"30, 820
101, 047
26, 19131,88837,30599, 982
15, 55118, 766
21,080
44,534
3,93159
3,594
65, 15151
22,02643, 125
77,31560
22,63754, 678
307, 45996.2
134, 42234, 511
302, 198448, 147731, 977
October
13,664
51.312,002
9,337
6,9062,3604,948
42,00434,4077,597
3,33475570
219108, 760
58.9
14, 36517, 622
81.38758
53,96352.7
49, 73843, 322
20.2618.0020.39
17, 67630, 97824,83089,849
22,33835, 35428, 17087, 437
15,00020,173
18, 257
39,409
4,093a 64
3,684
72, 39956
27,82244, 577
77, 53760
25, 58751,950
314, 598101.4
141, 20640, 758
301, 474212, 029581, 993
Novem-ber
10, 176
47.512,049
3,947
3,2831.5494,717
42, 76135,0987,663
3,23775252
213105, 850
57.1
21,00924, 423
86.08282
43, 21442.7
41, 10239, 017
20.7618.5020.83
3,72254
3,807
68, 54553
28, 07940,466
84, 68566
24, 36260, 323
278, 45586.9
165,11440, 929
262, 797185, 235500,120
1925
October
11, 867
48.112, 172
7,004
5,1472,0884,609
41, 19833,5427,656
3,02365374
20697,950
53.9
25,00227,020
92.59269
64,21661.3
55, 79561, 778
20.8918.6320.66
24,31028, 889
27,88931, 528
18,60419,848
3,889109
4,109
74, 28359
26, 43447,849
348, 714106.4
123, 44440,200
332,211403,491595, 583
Novem-ber
14, 372
47.312,286
4,258
3,1981,5174.554
41, 68633,8307,856
3,02367969
220103, 445
57.6
15, 95321, 148
75.48368
58,31556.8
51, 86652, 053
22.1419.8821.83
19, 81022, 920
20,85424, 571
15,78816, 455
3,90373
4,582
83, 19766
38,48544,712
336,021107.8
143, 28236, 105
294,660370, 361636, 570
PER CENT IN-CREASE (+) ORDECREASE (-)
Nov.,1926,fromOct.,1926
-25.5
-7.4+0.4
-57.7
-52.5-34.4-4.7
+1.8+2.0+1.9
-2.9-0.4
-25.7
-2.7-2.7-3.1
+46.3+38.6+5.8-5.7
+41.4
-19.9-19.0-17.4-9.9
+2.5+2.8+2.2
-9.1-15.6
+3.3
-5.3-5.4+0.9-9.2
+9.2+10 0-4.8
+16.1
-11.5-14.3
+16.9+0.4
-12.8-12.6-14.1
Nov.,1926,fromNov.,1925
-29.2
+0.4-1.9
-7.3
+2.7+2.1+3.6
+2.6+3.7-2.5
+7.1+10.8-24.6
-3.2+2 3-0.9
+31.7+15.5+14. 1-1.2
+20.6
-25.9-24.8-20.8-25.0
-6.2-6.9-4.6
-4.6-26.0
-16.9
—17.6-19.7-27.0-9.5
-17.1-19.4
+15.2+13.4-10.8-50.0-21.4
CUMULATIVE TOTALFROM JANUARY 1THROUGH NOVEM-BER 30
1925
138, 198
54,074
38, 65214, 84749, 801
33, 1517,187
517
207, 911267, 052
632, 155
601, 245561, 039
* 194, 7884 186, 896
* 208, 607< 202, 360
< 129, 532< 133, 945
40,169689
800, 115
325, 975474, 136
3,195,025
2, 900, 2932,959,870
1926
154, 549
58, 507
42, 3CO16, 44953, 798
35, 9778,230
684
193, 652236, 753
637, 910
599, 312489, 971
4 205, 165* 200, 589
* 212, 377« 211, 025
< 1 50, 038* 138, 122
43, 662720
884, 474
341, 453543, 121
3, 209, 107
3, 174, 5192,955,465
Per ct.in-
crease(t}
or de-crease(-)
cumu-lative1926from1925
+11.8
+8.2
+9.4+10.8+8.0
+8.5+14.5+32.3
-6.9-11.3
+0.9
-0.3-12.7
+5.3+7.3
+1.8+4.3
+15.8+3.1
+8.7+4.5
+10.5
+4.7+14.5
+0.4
+9.5-0.1
»Revised. 4 Ten months' cumulative, ending Oct. 31. » See table on p. 13 of the November, 1926, issue for earlier data.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
28
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives shown are throughNovember except where otherwisenoted. Earlier data for items shownhere may be found on pages 22 to 151of the August , 1926, "Survey"
IRON AND STEEL— Continued
Crude Steel— Continued
Steel barrels:Production barrels..Ratio to capacity per centShipments barrels..Stocks, end of month barrelsUnfilled orders, end of month barrels..
Wholesale prices:Steel billets, Bessemer. dolls, per long ton..Iron and steel dolls per long tonComposite steel dolls per 100 IbsStructural steel beams.. .dolls, per 100 Ibs..Steel sheets, Youngstown dist.
dolls per 100 Ibs
Steel Products
Structural steel, fabricated:Bookings (prorated) short tonsRatio to capacity per centShipments (prorated!) short tonsRatio to capacity per cent
Steel plate, fabricated, bookings:Total short tonsRatio to capacity per centOil-storage tanks short tons
Iron and steel:Exports (total) long tonsImports long tons..
Steel furniture:Business group —
Shipments ._ thous. of dollarsOrders received thous. of dollars"Unfilled orders thous of dollars
Shelving-Shipments _ . . . thous. of dollarsOrders received thous. of dollarsUnfilled orders thous of dollars
Machinery
Foundry equipment:Sales dollarsShipments... dollars-Unfilled orders, end of month dollars..
Jitachino tools orders index numberStokers, mechinical:
Sales _ number..Sales horsepower
Washing-machine sales:Total i number..Electric number..
Agricultural pump shipments:Total thous of dollsPitcher hand etc numberPower pumps number..
Steam, power, and centrifugal pumps:New orders thous. of dolls._Shipments thous of dollsUnfilled orders, end mo thous. of dolls—
Agricultural machinery and equipment:Sales—
Total index number
Forp'gn "'""""' indftT TiiTmhpr""Prod *• • *ij u Pe —
Domestic pumps and water systems:*Shipments number of unitsStocks, end of month number of units..
Electric industrial trucks and tractors:Shipments, domestic-
Tractors .number of vehicles. _All other types number of vehicles-
Exports number of vehicles..
PATENTS ISSUED
Total, all classes. _ __ number. _Agricultural implements numberIntemal-rnmbiistiOTi engines mimber
AUTOMOBILESProduction:
Passenger cars —Total . number of carsUnited States . . number of cars.Canada number of cars-
Trucks—Total number of cars.United States number of carsCanada number of cars.
1926
July
585, 73447.7
593, 61138,874
, 293, 601
35.0037.692.641.95
216, 550
268, 40088
34,213
12, 827
194, 71761,795
2,1502,2841,669
531604602
378, 163448,390411, 119
173
12550,494
85,79969, 762
58251, 8743,653
1,5941,6113,586
154157126137
7,8304,320
15951
3,3344937
329,950316, 99712, 953
41,92139, 6662,255
August
523, 03741.0
511, 54250,369
,170,998
35.0037.612.641.95
3.25
250, 10082
250, 10082
48, 14066
21, 725
171, 58875,248
2,3432,2991,638
546611662
391, 935384,924422, 148
167
10438, 852
84,91270, 592
56146,0003,225
1,9471,9193,606
150135199129
7,5784,267
14812
4,2543978
393,040380,25812,782
47,90745,4042,503
Septem-ber
511, 11843.6
508,54852, 939
, 288, 431
35.0037.702.642.00
183,00060
253, 15083
35, 48950
17,035
182, 07168, 334
2,4502,4201,614
588708790
400,464377, 798522,273
194
12744, 211
93, 80176,308
3474a 38, 578
3 3, 173
1,4681,7033,332
121110148132
7,5345,581
10825
3,1154330
363,537350,91312,624
51,29946,428
4,871
October
493,36346.0
497,03149, 271
, 149, 325
35.0038.022.652.00
3.25
3201,300366
« 250, 100382
41, 31459
23, 070
172, 07064,722
2,5462,6071,686
637596745
396, 354447, 189524, 612
195
11240,780
89,64575,459
46439,9123,333
1,4841,5403,256
«86«87•97
•115
7,4637,797
18«97»17
3,2394032
3 300, 1423 289, 547
10,595
46,96542,8904,075
Novem-ber
510,48948.0
505, 38354,377
,732,007
35.0038.432.652.00
192, 15063
222, 65073
50, 86368
19, 111
219, 83058, 472
2,7342,6021,545
580575731
175
8527, 606
6,3109,172
188619
4,3305279
226,253219, 479
6,774
39,38836,3343,054
1925
October
553,54551.0
555,98152,748
890,904
34.2537.612.611.95
3.05
271,45089
268,40088
32, 77242
8,802
141,81769,280
2,4232,4881,544
622731627
424,054400,646518, 795
208
11453, 451
75, 57763, 607
66368, 1523,666
1,4811,5823,252
102101110116
17108
5
3,7256359
408,017394,09613,921
46,01344,3231,690
Novem-ber
498,92945.0
498, 07053,607
, 248, 545
34.7538.732.631.95
216, 550
225, 70074
31,67340
7,676
171, 13470, 556
2,1922,3091,664
575687740
480, 328414, 148593,456
189
7633, 461
73,74662, 276
51646, 1732,984
1,2891,2903,256
8478
110121
1210210
3,7774853
337,435328,694
8,741
40,04837,8112,237
PER CENT IN-CREASE (+) ORDECREASE (— )
Nov.,1926,fromOct.,1926
+3.5+4.3+1.7
+10.4+50.7
0.0+1.1
0.00.0
0.0
-4.5-4.5
-11.0-11.0
+23.1+15.3-17.2
+27.8-9.7
+7.4-0.2-8.4
-8.9-3.5-1.9
-10.3
-24.1-32.3
—15.4+17.6
0.0-11.3+11.8
+33.7+30.0
+146. 9
-24.6-24.2-36.1
-16.1-15.3
I -25.1
Nov.,1926,fromNov.,
1925
+2.3+6.7+1.5+1.4
+38.7
+0.7-0.8+0.8+2.6
+6.6
-11.3-11.3-1.4-1.4
+60.6+15.3
+149. 0
+28.5-17.1
+24.7+12.7-7.2
+0.9-16.3-1.2
-7.4
+11.8-17.5
+50.0-15.7+90.0
+14.6+8.3
+49.1
-32.9-33.2-22.5
-1.6-3.9
+36.5
CUMULATIVE TOTALFROM JANUARY 1THROUGH NOVEM-BER 30
192o
5, 579, 169
5, 577, 625
2, 479, 650
2, 513, 200
333,414
91,250
1, 620, 362756, 012
23,97524,469
5,8896,330
4 3,768,3624 3, 476, 502
1,240506,229
4 737, 6404 610, 703
4 5, 958* 606, 900430,830
4 14, 5314 13, 586
1801,035
118
41,726681710
3, 549, 6603,417,847
131, 813
465, 982445,63920,343
1926
6, 048, 730
6, 040, 453
2, 296, 650
2, 644, 350
442, 819
158, 711
1, 968, 859875, 253
28, 48728,582
6,7096,808
4 4,205, 06544,286,545
1,289511, 254
4865,3964703,691
45,2324 476, 267
4 32, 810
415,993415,410
1721,032
93
41,239580550
3,786,0243, 627, 589
158,435
504,194465,26538,929
Per ct.in-
crease(1?or de-
crease(-)
cumu-lative1926from1925
+8.4
+8.3
+7.4
+5.2
+32.8
+73.9
+21.5+15.8
+18.8+16.8
+13.9+7.6
+11.6+23.3
+4.0+1.0
+17.3+15.2
-12.2-21. 5+6.4
+10.1+13.4
-4.4-0.3
-21.2
i -1.2-14.8-22.5
+6.7+6.1
+20.2
+8.2+4.4
+91.4
3 Revised.4 Ten months' cumulative, ending Oct. 31.
* Preliminary.» See table on p. 13 of the September, 1926, issue for earlier data.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
29
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives shown are throughNovember except where otherwisenoted. Earlier data for items shownhere may be found on pages 22 to 151of the August, 1926, "Survey"
AUTOMOBILES— Continued
Exports:Assembled—
Total _ .. number of carsPassenger cars number of carsTrucks _ number of cars
From Canada-Total _ number of carsPassenger cars number of carsTrucks number of cars
Foreign assemblies number of cars__Accessories and parts:
Shipments-Original equipment index nos__Replacement parts index nos__Accessories index nos_.Service parts index nos._
Sales (General Motors Co.):To dealers . number of carsTo users number of cars
New passenger-car registrations:Total number of cars..Highest price group number of cars..Second highest group number of cars..Third highest group number of cars..Lowest price group number of cars..Miscellaneous. . number of cars _
NONFERROUS METALS
CopperProduction:
Mines short tonsSmelter short tonsRefined (North and South
America) short tonsWorld production, blister short tons-Domestic shipments refined short tonsExports short tonsStocks (North and South America) :
Refined short tons—Blister short tons-
Wholesale price, electrolytic dolls, per lb__
Copper Products
Plumbing fixtures:Sales, tubular-
Quantity numberValue dollars..
Wholesale price, 6 pieces dollars-Brass faucets:
Orders received number of piecesOrders shipped number of pieces _
Fire extinguishing equipment, shipments:Motor vehicles .. _ __ .number. _Hfvnd types rmmhp.r
Tin
Deliveries (consumption) .long tonsStocks, end of month:
World visible supply long tons-United States— long tons-
Imports long tons-Wholesale price, pig tin ...dolls, per lb__
Zinc
Retorts in operation, end of month number..Production.. short tons..Stocks, end of month short tons..Ore, Joplin district:
Shipments .. . .short tonsStocks, mines, end of month short tons..
Price, slab, prime western dolls, per lb._
Lead
Production short tons .Ore shipments:
Joplin district ..short tonsUtah ° short tons..
Receipts of lead in U. S. ore short tons..Stocks, U. S. and Mexico, end mo..short tons..Price, pig, desilverized (New York).dolls. per lb..
Babbitt MetalConsumption:
Total apparent . thous. of IbsDirect by producers thous of IbsSale to consumers thous. of Ibs..
1926
July
22,48617,0775,409
4,1582,6411,517
12,299
135117127142
87,643101, 576
327, 71311, 55356, 53571, 371
186, 8421,412
72,22876, 479
119, 020124,48376, 35235,300
64,940277, 888
.1392
174, 145188,203106. 78
225, 831237,808
14254, 234
7,630
13, 7773,0147,941.6137
83,98048, 40322, 986
73, 40920, 776.0741
47, 796
11, 56669, 96544, 944
118, 697.0850
5,0151,3393,677
August
20,27216, 1304,142
3,0452,448
59711,647
157120131166
134,231122,305
303, 75710,60063,70359,355
168, 9201,179
72, 01477, 613
128, 925128, 56884,03437, 741
66, 658260, 186
.1417
176, 794214, 370106. 23
186, 751226, 872
15350, 657
5,870
13, 3521,8295,132.6388
84, 58451, 76118, 164
67, 73619, 250.0738
49,017
10, 50559, 30347, 566
111, 429.0891
4,9871,3543,633
Septem-ber
27,00120,0386,963
6,4714,4831,9888,514
151120126165
138, 360118, 224
258, 4319,579
55, 22450, 818
141, 841969
3 72, 62780,320
123, 390132, 01378, 45940, 753
70, 137263, 935
.1406
201,998204, 256106. 22
261, 055277, 647
12448, 517
5,835
14,3791,8546,092.6654
87,02852, 14415, 699
69, 54719, 103.0741
47, 240
11,87962, 81747, 755
113, 109.0879
5,3371,4823,855
October
20,39516, 3484,047
7,5465,4392,107
12.9KJ
125116109145
115, 84899,073
238, 3289,160
49,28848,237
130, 650993
3 75, 099387,012
123, 1203 136, 600
73, 93936,563
68, 2333 267, 866
.1386
155,069175, 454106. 19
253, 604311, 883
31483 44, 334
5,955
14, 8411,5545,126.6823
87, 02854, 97915, 909
75, 78626, 287.0730
353,389
14, 96576,31748,881
118,311.0840
4,8681,3393,529
Novem-ber
27,87320,5627,311
8,7936,4352,358
799483
119
78, 550101, 729
75, 24092, 716
126, 322148, 40574, 20746, 471
73,856276, 019
.1358
172,294171, 963106. 02
216, 117246, 041
13242, 953
6,140
15, 2572,3046,882.6867
88,07655,06214,481
70,04522, 482.0720
52, 722
8,64161, 460
.0801
4,3581, 1473,211
1925
October
22, 56218, 4874,075
7,9766,2291,747
12, 713
214131163100
96,36486, 281
247, 0028,663
47, 81443,918
145, 5081,099
71,04282,839
121, 639138,23476, 46830, 872
72, 855247,061
.1430
323, 247314, 967111. 77
442, 427468, 330
12351, 408
6,070
15, 7702,4646,401.6046
89, 87750, 4977,475
81, 29524, 593.0828
52,927
9,70375, 70947, 412
104, 999.0951
5,5501,3804,170
Novem-ber
28, 47221, 1587,314
9,3237,6591,664
14,827
14913315896
73, 37460,257
193, 9226,364
33, 29729, 866
123, 612783
67,40078,643
113, 474133,00782, 77930, 547
67, 838249, 064
.1435
393, 556385, 128110.83
547, 667366, 603
12845, 491
5,670
18, 1991,9044,574.6214
90,08550, 6296,922
73,91518,6380.861
49,230
13,69358,19248,273
106, 912.0974
4,9551,4213,534
PER CENT IN-CREASE (+) ORDECREASE (-)
Nov.,1926,fromOct.,1926
+36.7+25.8+80.7
+16.5+18.3+11.9
-36.8-19.0-23.9-18.0
-32.2+2.7
+0.2+6.6
+2.6+8.6+0.4
+27.1
+8.2. +3.0-2.0
+11.2-2.0-0.2
-14.8-21.1
-10.8-3.1
+3.1
+2.8+48.3+34.3+0.6
+1.2+0.2-9.0
-7.6-14.5-1.4
-1.2
-42.3-19.5
-4.6
-10.5-14.3-9.0
Nov.,1926,fromNov.,
1925
-2.1-2.8
0.0
-5.7-16.0+41.7
-47.0-29.3-48.5+24.0
+7.1+68.8
+11.6+17.9
+11.3+11.6-10.4+52.1
+8.9+10.8-5.4
-56.2-55.3-4.3
-60.5-32.9
+3.1-5.6
+8.3
-16.2+21.0+50.5+10.5
—2.2+8.8
+109. 2
-5.2+20.6-16.4
+7.1
-36.9+5.6
-17.8
-12.0-19.3-9.1
CUMULATIVE TOTALFROM JANUARY 1THROUGH NOVEM-BER 30
1925
269,417219, 68249, 735
67, 17252,36314,809
« 151, 784
781, 785770, 927
4 2, 594, 838* 73, 493
4 504, 2454 421, 300
4 1,551, 8244 43, 976
772, 551868,048
1, 232, 7741,409,066
759, 813493, 743
2, 530, 9632, 372, 510
4, 313, 4864, 772, 992
1,395569, 305
70, 295
69, 178
537, 134
746, 725
520, 529
116, 107746, 476
* 453, 876
57, 52713, 15644,370
1926
280, 128216, 58563,543
68,70448, 79219,912
« 151, 207
1, 190, 7191, 163, 097
4 2, 860, 774* 108, 1994 560, 7034 596, 544
41, 582, 1814 13, 147
800,406897, 207
1, 314, 0301,458,275
840, 232423, 837
2, 258, 4612, 287, 672
2, 961, 7893, 172, 169
1,357563, 230
71, 545
70, 706
581, 649
771, 168
545, 052
118,381715, 392
4 473, 640
55, 70914, 28441,425
Perctin-
crease(t}or de-
crease(-)
cumulative
1926from1925
+4.0-1.4
+27.8
+2.3-6.8
+34.5-0.4
+52.3+50.9
+10.2+47.2+11.2+41.6+2.0
-70.1
+3.6+3.4
+6.6+3.5
+10.6-14.2
-10.8-3.6
-31.3-33.5
-2.7-1.1
+1.8
+2.2
+8.3
-3.3
+4.7
+2.0-4.2+4.4
-3.2+8.6-6.6
3 Revised.is. onus.. «*,o// 6,odvj 6,ODD d,D^y d,m 4, ivu 6,56i —y.u —y. i 44,370 <
Ten months' cumulative, ending Oct. 31. <> See table on p. 14 of the November, 1926, issue for earlier data
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
30
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives shown are throughNovember except where otherwisenoted. Earlier data for items shownhere may be found on pages 22 to 151of the August, 1926, "Survey"
NONFERROUS METALS— Continued
ArsenicCrude:
Production short tonsStocks, end of month short tons
Refined:Production short tons. _Stocks, end of month short tons
Galvanized Sheet Metal Ware
Shipments. _ _ ..dozens..
Enameled WareBaths:
Orders shipped . .number.Stocks, end of month . number..Orders received number..
Lavatories:Orders shipped numberStocks, end of month . . numberOrders received number. _
Sinks:Orders shipped numberStocks, end of month... number..Orders received _ number
Miscellaneous sanitary ware:Orders shipped . numberStocks, end of month . _ number..Orders received number
Unfilled orders, end of month:Baths numberSmall ware number
Household ware:Furnaces operating per cent of total..
Band InstrumentsSales:
Total dollarsCup mouthpieces . dollarsSaxophones... _ . dollars..Woodwind dollars..
Electrical Equipment
Electrical porcelain, shipments:Total dollarsStandard _ . . . . _ .dollars. _Special dollarsHigh tension . . dollars
Laminated phenolic products,shipments dollars
Motors (direct current):New orders . dollars. _Billings (shipments) dollars-
Electric hoists:New orders —
Quantity number-Value dollars..
Shipments . dollars. -Power switching equipment (quarterly):
New orders-Indoor . single pole units..Outdoor single pole units
FUELS
Coal and CokeBituminous:
Production thous . of short tons. .Exports . . . thous. of long tons. _Consumption—-
By vessels thous of long tons .By electric power
plants thous of short tonsBy railroads thous. of short tons..By coke plants-
United States.thous. of short tons-Canada ..thous. of short tons..
Prices-Mine average (spot) -dolls.per short ton..Wholesale, Kanawha, f. o. b.
Cincinnati dolls, per short ton..Eetail, Chicago... dolls, per short ton-
Anthracite:Production thous. of short tonsExports thous. of long tonsPrices-
Wholesale chestnut,New York . dolls, per long ton
Retail, chestnut,New York dolls, per short ton..
!
1926
July
3742,954
2713,523
161,315
113, 427149, 829112, 629
117, 973238, 556118,963
117, 263284, 432117, 705
48, 162151, 85449, 432
73, 640160, 665
71
482, 765176, 985286, 55319, 227
273, 36575, 630
154,04143, 694
613, 645
740, 424876,257
293171,871130,234
e 11, 436• 10, 191
43,4723,240
641
3,3607,635
6,915236
1.91
3.398.27
8,429390
11.48
K50
August
1662,947
4953,002
179, 234
114, 748139, 964113, 835
122, 523219, 086119, 924
122, 294273, 590127, 758
51, 559145, 14355, 657
61,991155, 423
77
419, 071172, 126228, 48818, 457
284, 47486, 986
145,61651, 872
765,810
792,613876,297
273165, 773150, 419
46, 3523,548
709
33,4477,873
6,574250
2.00
3.398.32
8,225395
11.47
14.50
Septem-ber
4882,959
5602,648
183, 551
102, 333149, 55597, 178
130, 131210, 291115,797
125, 044257, 240115, 973
55, 412137,97151, 483
48, 278143, 670
80
514, 799238, 822247, 94028,037
287,36197, 335
146, 97443, 052
829, 355
937,913745, 783
326153, 632173, 958
7 15, 5207 14, 970
48, 9763,737
7393 3, 478
8,115
7,298250
2.15
3.648.91
8,444363
11.48
14.54
October
4192,538
6972,382
182,073
98, 237158, 76492,008
117, 122208, 406109, 582
120,262246, 816110, 784
52, 018135, 60049, 027
43, 556105, 664
86
646, 065245, 328367, 62833, 109
291, 992101, 984148,97041, 038
1,032,042
801,006837,214
233128, 137169, 245
54,5924,188
840
3,681
6,844263
2.70
3.749.06
8,675459
11.48
14.50
Novem-ber
80, 271161, 39184, 209
86,545225, 55586, 946
91, 789274, 14094,788
40, 333138, 34843, 030
38, 80197,056
635,000234, 605371, 93928,455
311, 52990, 428
176, 58344, 518
290130, 257139, 231
59, 7214,605
841
6,734234
3.19
4.3910.15
7,446350
11.48
14.50
1925
.
October
5173,143
7287,446
127, 35585, 555
110, 396
140,699201, 847124, 362
145, 951239, 269130, 554
57, 906142, 54254, 452
79, 437192, 610
84
771,239274, 429468, 53028, 280
315, 532120,041158,06437,427
1,318,083
350207, 761156, 508
53, 2031,243
352
3,7108,992
6,478248
2.13
3.398. 99
I 69| 46i
11. 28
i 17. 04
Novem-ber
4923,346
34916,997
86, 615110, Oil93, 685
105, 523222, 032117, 750
106, 028228,659121,985
45, 910153, 96046, 778
78, 325206, 451
86
677,884271, 624381,88624, 374
345, 902166, 366139, 88339, 653
984, 598
388213, 130179, 286
50,7801,477
340
3,4728,915
7,024237
2.26
3.399.65
15331
11.29
19.63
PER CENT IN-CREASE (+) ORDECREASE (— )
Nov.,1926,fromOct.,1926
-18.3+1.7-8.5
-26.1+8.2
-20.7
-23.7+11.1-14.4
-22.5+2.0
-12.2
-10.9-8.1
-1.7-4.4+1.2
-14.1
+6.7-11.3+18.5+8.5
+24.5+1.7
-17.6
+35 7+46.9
+9.4+10.0
+0.1
-1.6-11.0
+18.1
+17.4+12.0
-14.2-23.7
0.0
0.0
Nov.,1926,fromNov.,1925
i
-7.3+46.7-10.1
-18.0+1.6
-26.2
-13.4+19.9-22.3
-12.1-10.1-8.0
-50.5-53.0
-6.3-13.6-2.6
+16.7
-9.9-45.6+26.2+12.3
-25.3—38.9-22.3
+17.6+211. 8
+147. 4
-4.1-1.3
+41.2
+29.5+5.2
+1.7
-26.1
CUMULATIVE TOTALFROM JANUARY 1THROUGH NOVEM-BER 30
1935
4 7, 307
* 9, 923
1, 232, 275
1, 292, 055
1, 419, 676
1, 465, 360
1,435,268
1,479,556
703, 083
650, 722
6, 171, 3672,288,3173, 698, 816
204, 233
3,499,0011,411,8601,695,494
391, 657
47,018,661
3,3281, 798, 1791, 631, 163
470, 15114, 193
4,003
* 32, 754
66, 8832,009
61, 5912,834
1926
* 4, 447
« 4, 470
1, 127, 009
1, 162, 946
1, 291, 263
1,288,009
1, 285, 223
1, 290, 964
564, 465
584, 235
5, 791, 7372, 195, 5493,342,940
253, 251
3, 180, 5961,012,7311,676,241
491, 624
*6, 524, 620
3,2931, 762, 8651, 806, 843
520, 61927, 217
6,187
* 33, 874
76, 4322,667
77, 4733,305
Per ct.in-
crease(+)
or de-crease(-)
cumu-lative1926
from1925
-39.1
-55.0
-8.5
-10.0
-9.0
-12.1
-10.5
-12.7
-19.7
-10.2
-6.2-4.1-9.6
+24.0
-9.1-28.3-1.1
+25.5
-7.0
-1.1-2.0
+10.8
+10.7+91.8
+54.6
+3.4
+14.3+32.8
+25.8+16.6
3 Revised.4 Ten months' cumulative, ending Oct. 31.
6 Quarter ending June 30.? Quarter ending Sept. 30.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
31
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives shown are throughNovember except where otherwisenoted. Earlier data for items shownhere may be found on pages 22 to 151of the August, 1926, "Survey"
FUELS— Continued
Coal and Coke— ContinuedCoke:
Production, U. S —Beehive thous. of short tons..By-product thous. of short tons
Production, Canada.. thous. of short tons..Exports thous of long tonsPrice, furnace, Con-
nellsville ...dolls, per short ton..Petroleum
Crude petroleum:Pr oducti on th ous . of bblsStocks, end of month-
Total (comparable) thous. of bbls..Tank farms and pipe
lines thous. of bblsRefineries _ thous. of bbls..California —
Light thous. of bbls..Heavy thous. of bbls..
Imports thous. of bbls..Consumption (run to stills) .thous. of bbls..Oil wells completed _ number. .Price, Kansas-Oklahoma dolls, per bbl__
Gasoline:Production-
Raw (at refineries) thous. of galsNatural gas (at plants).. thous. of gals..
Exports thous. of gals..Consumption thous. of gals..Stocks, end of month thous. of gals"Price, motor, New York dolls, per gal..
Kerosene oil:Production thous. of galsConsumption thous. of gals..Stocks at refineries, end mo. -thous. of galsPrice, 150° water white. dolls, per gal
Gas and fuel oils:Production thous. of gals..Consumption—
By vessels thous. of gals..By electric power plants. thous. of gals__By railroads thous. of gals..
Stocks at refineries, end mo. -thous. of gals..Price, Okla., 24-26 at
refineries dolls, per bbl__Lubricating oil:
Production thous. of gals..Consumption thous. of gals..Stocks at refineries, end mo. thous. of gals..Price, Pa., 600°, steam
refined dolls, per gal..
HIDES AND LEATHER
Imports: Hldcs
Total hides and skins thous. of Ibs.Calfskins thous of IbsCattle hides thous. of Ibs..Goatskins thousl of IbsSheepskins thous. of Ibs..
Stocks, end of month:Total hides and skins thous. of Ibs..Cattle hides _ thous. of Ibs..Calf and kip skins thous. of IbsIISheep and lamb skins thous. of Ibs
Prices:Green salted, packers' heavy
native steers _ dolls, per lb_.Calfskins, country No. 1 dolls, per lb__
LeatherProduction:
Sole leather.. thous. of backs, bends, sidesFinished sole and belting thous. of Ibs..Finished upper _ thous. of sq. ft._Oak and union harness stuffed sidesSkivers doz
Unfilled orders:Oak and union harness sides
Stocks in process of tanning:Sole and belting thous. of Ibs..Upper ' thous. of sq. ft..
Stocks, end of month:Sole and belting. thous. of Ibs..Upper thous. of sq. ft..
Exports:Sole thous. of Ibs.,.Upper thous. of sq. ft..
Prices:Sole, oak, scoured backs,
heavy, Boston dolls, perlb..Chrome calf," B" grades, dolls, per sq.ft..
1926
July
9633,756
16881
2.94
64,893
278, 184
242, 14936,035
33,58387, 7615,185
67,4421,8612,050
1, 046, 934110, 359150, 909
1, 014, 8041, 609, 230
.210
204, 204113, 778354, 438
.099
1, 316, 742
165, 46429, 562
170, 9791, 079, 232
1.231
119, 57487, 738
307, 734
.143
33,2995,023
11,0478,4556,677
288, 754228, 32041, 76718, 667
.142
.172
1,11521,44064, 67893,89618, 126
40,012
79,601151,389
95,990295, 074
1,3208,181
.41
.45
August
7523,749
16675
3.14
66, 525
277, 486
240, 85536, 631
32, 12487, 7695,332
67,6931,9242,050
1, 067, 472111, 859144, 055
1, 103, 8441, 451, 142
.210
216, 258114, 786343, 812
.109
1, 304, 352
173, 23231,927
171, 5251, 113, 000
1.355
119, 11295, 718
303, 492
.136
32,3595,079
12,3456,9176,472
282,933219, 19343,48320, 257
.149
.178
1,18322,30867,313
100, 21719,221
232,545
80,313155, 178
90, 660289,218
1, 1527,576
.41
.45
Septem-ber
1,3103,641
16664
3.49
65, 300
277, 771
240, 12337, 648
30, 48987, 4754,350
65, 9921,7452,050
1, 043, 028111, 619161, 516942, 858
1, 400, 322.210
218, 022142, 632342, 678
.116
1, 286, 040
169, 69438, 402
176, 8641, 142, 400
1.425
111, 09084, 798
300, 258
.124
29, 7973,822
11,5376,7135,634
284, 326222, 23441, 56120,531
.152
.178
3 1, 15221,97869,09098,098
8 23, 488
223, 165
81, 721151,905
85, 819278, 719
1,1808,666
.43
.45
October
8673,812
17484
4.00
* 69, 0433 277,0] 43 240, 365
36, 649
30,46787, 4613,860
69, 0341,9572,050
1,082,004122, 068112, 853986, 496
1, 415, 652.210
214, 284134, 736345, 996
.105
1, 359, 204
181, 85838, 406
190, 8121, 107, 792
1.356
116, 25674, 676
312, 354
.117
29,1254,642
12, 5726,0283,980
282,936222, 55640, 73519,645
.161
.178
3 1,22523, 68171, 678
3 100, 08524,928
207,921
82, 261147,457
80, 491274, 918
8798,787
.43
.45
Novem-ber
8593,743
15467
4.89
69, 314
276, 445
241, 42035, 025
30, 12287, 3755,043
68, 0451,7441,750
1, 087, 170124, 614158, 735950, 122
1, 508, 472.210
225, 330150, 780338,940
.093
1,330,812
165, 980
1, 128, 078
1.305
114,40872, 324
320, 040
.109
22,9293,4478,9035,3243,475
.153
.168
1,178
88,777
6357,941
.43
.45
192-5
October
1,0063,402
16171
6.53
64, 842
298, 193
270, 16028, 033
44, 05983, 3914,367
63, 9701,4201,600
944, 496102, 100102, 404832, 692
1, 508, 220.170
215, 082144, 732335, 538
.077
1, 325, 478
128, 90035, 818
«203,3241, 215, 816
1.056
109, 53674, 970
286,. 734
.159
20,3381,7738,9575,2483,268
259, 369203,24638, 34317, 780
.174
.200
1,31823, 95768,346
124,9003 33, 910
182, 652
81,303147, 329
127,926291,891
1, 8597,986
.46
.46
Novem-ber
1,2133,557
15687
6.88
3 61, 9273 296, 9043 269, 760
27, 1443 44, 5613 84, 373
4,8913 60, 310
3 1, 1961,588
3 921, 732102, 800124, 301
3 757, 00831,569,246
.170
212, 688147, 546314, 832
.080
1, 230, 852
3159,10533, 211
189, 1561, 145, 172
1.2153 110, 460
3 73, 6263 293, 958
.157
27,7161,262
16,0206,1812,885
273, 686220, 29336, 44116, 952
.163
.198
1,07419,98360,289
111,40428, 336
164, 783
78, 176149,608
122, 429290, 815
1,1377,855
.47
.46
PEE CENT IN-CREASE (+) ORDECREASE (— )
Nov.,1926,fromOct.,1926
-0.9-1.8
-11.5-20.2
+22.3
+0.4
-0.2
+0.4-4.4
-1.1-0.1
+30.6-1.4
-10.9-14.6
+0.5+2.1
+40.7-13.8+6.6
0.0
+5.2+11.9-2.0
-11.4
-2.1
-8.7
+1.8
-3.8
-1.6-3.1+2.5
-6.8
-21.3-25.7-29.2-11.7-12.7
-5.0-5.6
-3.8
-11.3
-27.8-9.6
0.00.0
Nov.,1926,fromNov.,1925
-29.2+5.2-1.3
-23.0
-29.9
+11.9
-6.9
-10.5+29.0
-32.4+3.6+3.1
+12.8+45.8
10.2
+17.8+21.2+27.7+12.3-3.9
+23.5
+5.9+2.2+7.7
+16.3
+8.1
+4.3
-1.5
+7.4
+3.6-1.8+8.9
+30.6
-17.3+173. 1-44.4-13.9+20.5
-6.1-15.2
+9.7
-20.3
-44.2+1.1
-8.5-2.2
CUMULATIVE TOTALFROM JANUARY 1THROUGH NOVEM-BER 30
1925
9,40536, 2281,318
722
702, 196
57, 583677, 74115, 412
9, 969, 246
1, 164, 8818, 648, 262
2, 283, 2041, 516, 116
14, 029, 428
1, 649, 1354 363, 016
4 1, 700, 534
1, 190, 448800, 940
337, 17727,317
155, 64774,58258, 266
13, 8134 229, 0324 627, 641
1, 122, 931340, 449
17, 26082, 256
1926
11, 36840, 7161,752
819
694, 264
55, 342709, 90217, 415
11,143,566
1, 643, 8769, 808, 050
2, 359, 6021, 482, 600
13,922,454
1, 788, 962* 320, 396
4 1,703,921
1,248,492877, 296
345, 09142,033
140, 67681,90055, 787
Per ct.in-
crease(+)
or de-crease(-)
cumu-lative
1926from1925
+20.9+12.4+32.9+13.4
—1.1
-3.9+4.7
+]3.0
+11.8
+41.1+13.4
+3.3-2.2
-0.8
+8.5+11.7+1.2
+4.6+9.5
+2.3+53.9-9.6+9.8-4.3
|
12, 3674 215, 358< 692, 9001,123,382
221, 619
12, 68393,945
-10. o-6.0-9.4+0.0
-34.9
-26.5+14.2
3 Revised. 4 Ten months' cumulative, ending Oct. 31.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
32
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives shown are throughNovember except where otherwisenoted. Earlier data for items shownhere may be found on pages 22 to 151of the August, 1926, "Survey"
HIDES AND LEATHER— Continued
Leather ProductsBelting sales:
Quantity - -- - pounds--Value thous. of dolls..
Boots and shoes:Production thous. of pairs__Exports thous. of pairs..Wholesale prices-
Men's black calfblucher, Mass dolls, per pair..
Men's dress welt, tancalf, St. Louis dolls, per pair..
Women's black kid, dresswelt, lace, oxford dolls, per pair..
Gloves:Glove leather-
Production number of skins —Stocks (tanned)—
In process number of skins..Fin ished number of skins . .
Gloves, cut-Total dozen pairs. _Dress and street-
Imported leather dozen pairs..Domestic leather dozen pairs..
Work gloves dozen pairs..
RUBBERCrude:
World shipments, plantation long tons-Imports (including latex) -long tons-Stocks, end of month-
Plantation, afloat long tons—Consumption by tire mfrs thous. of Ibs.Wholesale price, Para, N. Y_ .dolls, per lb—
Tires and Tubes
Pneumatic tires:Production thousands-
Shipments, domestic thousands-Inner tubes:
Production -— thousands-Stocks end of month thousands. _Shipments, domestic thousands. .
Solid tires:Production thousands. _Stocks, end of month thousands--Shipments domestic thousands _
Other Rubber Products
Rubber-proofed fabrics:Production-
Total thous. of yds..Auto fabrics thous. of yds._Clothing fabrics.. thous. of yds..
Rubber heels:Production. _ thous. of pairs..Shipments—
To shoe manufacturers.thous. of pairs..To repair trade thous. of pairs
Stocks end of month _ _ .thous. of pairs..
PAPER AND PRINTING
Wood PulpMechanical:
Production short tons..Consumption and shipments... short tons..Stocks end of month short tonsImports short tons..
Chemical:Production short tons—Consumption and shipments... short tons..Stocks end of month .short tons..Imports short tons..Price sulphite dolls, per 100 Ibs
Newsprint PaperProduction:
United States . short tonsCanada ..short tons..
Consumption by publishers short tonsShipments:
United States short tons..Canada short tons__
Imports short tonsExports:
United States short tonsCanada short tons..
1926
July
327, 855564
25, 052533
6.40
4.85
4.00
499, 912
1,482,470510, 898
183, 562
49, 32730, 792
103,443
47,31035, 821
69,70042, 189
.335
3,7127,9774,682
4,29712, 9496,381
3015240
2,458999954
11, 109
8,6516,370
51, 699
130, 177147, 005224, 94821, 645
217, 150213, 55045, 710
129, 2372.95
140, 516163, 037147, 584
142, 690161, 824153, 865
1,902150, 778
August
396,991672
29,646357
6.40
4.85
4.00
529, 823
1,614,077538,066
224,583
56,22434,590
133, 769
3 53, 38027, 399
72, 10049,841
.337
4,4047,2994,973
5,56811, 6967,114
3814745
2,940913
1,533
14, 490
9,6077,911
49, 573
3 123, 4383 149, 5153 198, 782
26, 757
3 215, 0983 223, 522
3 45, 566131, 769
2.75
139, 259162, 545151, 144
136, 564160, 031161, 063
1,206149, 935
Septem-ber
371, 597625
3 31, 673426
6.40
4.85
4.00
585,394
1,600,976527, 476
218, 191
56, 40633,905
127,880
57,06837, 112
67,40048, 168
.340
4,2796,9884,452
5,69311,4845,755
3613744
3,964804
2,652
16, 349
9,7859,429
45, 483
3 135, 0033 147, 0253 186, 760
31, 771
3 211, 8523 219, 788344,012104, 964
2.75
136, 167161, 387163, 089
137, 259162, 740139, 720
1,413143, 524
October
352, 255593
31,613407
6.40
4.85
4.00
604,271
1, 602, 217519, 327
229, 798
56, 08734,837
138, 874
29, 334
.333
3,8177,4933,334
4,83612,4004,013
4415750
962
3 167, 5973 162, 8123 193, 040
39, 123
3 225, 8223 237, 560
« 36, 130121, 806
2.75
143, 1483 168, 500
186, 860
146, 4113 168,821
172, 603
1,403159, 509
Novem-ber
287,351495
546
6.40
4.85
4.00
39, 155
.286
772
160,380153, 326199, 64826, 712
224,006222, 49041, 696
123, 5822.75
140, 427164, 798
141,042167, 135169, 577
1,256153, 709
1925
October
363, 709626
31, 055515
6.40
5.15
4.15
560, 730
1,287,706328,282
219, 133
47,85328, 457
142,823
46,83034, 651
63, 57042, 211
.773
3,3795,0034,088
4,9596,5455,764
4512755
3,3531,3031,506
21,853
12,3387,137
38, 675
139, 417151, 469201, 21232, 812
221, 270224, 08242, 470
117, 3882.73
135, 662137, 670167, 515
142, 641139, 051145,088
1,784124, 529
Novem-ber
310, 542543
24,630557
6.40
5.15
4.15
576, 743
1, 353, 367324, 050
196, 957
40, 73927, 503
128, 715
50, 32737, 755
67,10038, 876
.853
3,1725,2162,667
4,6997,1193,982
4211947
2,191571959
17,233
10, 2825,987
37, 611
141, 786148, 155194, 40035, 105
210, 724210, 54442, 660
110, 3282.80
130, 539132, 332163, 935
133, 636132, 127124, 681
2,947122, 486
PER CENT IN-CREASE (+) ORDECREASE (— )
Nov.,1926,fromOct.,1926
-18.4-16.5
+34.2
0.0
0.0
0.0
+33.5
-14.1
-19.8
-4.3-5.8+3.4
-31.7
-0.8—6. 3
+15.4+1.5
0.0
-1.9-2.2
-3.7-1.0-1.8
-10.5-3.6
Nov.,1926,fromNov.,1925
-7.5-8.8
-2.0
0.0
-5.8
-3.6
+3.7
-66.5
+35.2
+13.1+3.5+2.7
-23.9
+6.3+5.6-2.3
+12.0-1.8
+7.6+24.5
+5.5+26.5+36.0
-57.4+25. 5 i
CUMULATIVE TOTALFROM JANUARY 1THROUGH NOVEM-BER 30
1925
4,026,3976,907
* 274, 5186,047
1926
3,923,4736,678
4 272, 2915,209
;
* 5, 221, 915 < 6, 517, 869
1
* 2, 032, 234
< 419, 170* 310, 202
4 1, 297, 971
356, 903
7,279
4 2, 123, 799
< 510, 7184 335, 924
4 1, 277, 971
375, 446
7,834
1, 557, 5031, 573, 200
299, 400
2, 260, 9082, 264, 660
1, 221, 882
1, 393, 6371, 385, 234
< 1,450, 729
1, 396, 6271, 384, 9851, 326, 160
20, 7961,264,515
1, 697, 8361, 690, 651
279, 768
2, 427, 4522, 457, 812
1, 281, 284
1, 543, 6001,714,020 !
< 1,635, 520
1, 542, 6941, 712, 8241, 681, 180
18,419 i1,575,558 '
Per ct.in-
crease(-yor de-crease(-)
cumu-lative
1926from1925
-2.6-3.3
-0.8-13.9
+24.8
+4.5
+21.8+8.3-1.6
+5.2
+7.6
+9.0+7.5
-6.6
+7.4+8.5
+4.9
+10.8+23.7+12.7
+10.5+23.7+26.7
-11.4+24.6
3 Revised. < Ten months' cumulative, ending Oct. 31.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
33
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives shown are throughNovember except where otherwise.noted. Earlier data for items shownhere may be found on pages 22 to 151of the August , 1926, "Survey"
PAPER AND FEINTING— Continued
Newsprint Paper— Continued
Stocks, end of month:At mills-
United States short tons..Canada . short tons
At publishers , _ short tons _In transit to publishers. ..short tons..
Price, roll, f. o. b. mill. . dolls, per 100 Ibs
Printing
Book publication:American manufacture.. no. of titles..Imported no of titles
Sales books:New orders thous. of booksShipments thous. of books
Printing activity weighted index number _ _
Box BoardOperation inch hoursProduction tonsOrders received.. _ . _ tonsOperation . per ct. of capacityUnfilled orders, end of month _ tonsConsumption of waste paper tonsShipments tonsStocks, end of month tonsStocks of waste paper, end of month:
On hand.. .. • tonsIn transit and unshipped purchases. _ tons. .
Other Paper
Book paper, total:Production short tons..Stocks, end of month _ short tons
Coated book paper:Production per ct. of normalShipments... per ct. of normal production..Orders _ per ct. of normal productionUnfilled orders, end of month days..
Uncoated book paper:Production per ct. of normal.Shiprnents___per ct. of normal production..Orders . per ct. of normal productionUnfilled orders, end of month days..
Wrapping paper:ProductionStocks end of month _ _ short tons
Fine paper:Production .short tonsStocks end of month short tons
All other grades:Production short tonsStocks end of month short tons
Total paper (inc. newsprint and boxboard) :Production short tonsStocks end of month short tons
Paperboard Shipping Boxes
Production:Total. .thous. of sq. f t_.Corrugated thous. of sq. ftSolid fiber thous. of sq. ft..
Operating activity:Total per cent of normalCorrugated per cent of normalSolid fiber per cent of nromal
Other Paper Products
Rope paper sacks, shipments.. .index number..Abrasive paper and cloth:
Domestic sales _ .reamsForeign sales reams..
Labels orders per ct of capacity
BUILDING CONSTRUCTION ANDHOUSING
Rental advertisements:M inneapolis , M inn number . _Portland, Oreg. . . . .number.
Real estate conveyances (41 cities) number..
Building Costs (Index Numbers)
Building materials:Frame house, 6-room, 1st of monthBrick house, 6-room, 1st of month
1936
July
16, 52412. 963
152, 29531,811
3.50
606108
11,6389,578
91
8,468,983204, 848215, 790
106.1121, 970196, 250203, 25756,401
142, 81360, 391
100, 60764, 524
8384816
88879113
84,14267, 642
36, 48952, 104
98, 00681, 963
664, 6083339,158
403, 386316,03987, 347
777875
127
77, 75612, 277101.9
3,7931,143
160, 732
197197
August
19, 09815, 624
165, 22936, 316
3.50
587135
13, 28812, 625
94
8, 733, 579222, 245207, 230
106.9109, 245216, 017220, 79057, 303
192, 63556, 685
108, 65667, 750
8781899
94919213
92, 54666, 211
36, 48853, 528
97, 52577, 675
3 696, 7193 241, 565
441, 593348, 83592, 758
828379
138
94, 91110, 549
74.1
8,9321,348
151,418
196196
Septem-ber ,
18, 02614, 684
170, 54336, 863
3.50
805135
12, 68212, 096
101
9, 097, 544225, 103215, 102
95.8100, 765206, 593223, 58159, 915
116, 32970,311
110,82967, 073
9089859
96958812
3 90, 4323 64, 404
36, 75153,843
3 103, 1743 75, 215
3 702, 4563 338, 516
441, 372354, 79886, 574
818376
137
93, 80410, 896
65.4
8,1691,421
146, 717
194193
October
14, 6333 14, 942161,91743, 359
3.50
920187
11, 71912, 814
105
9, 443, 534222, 286220, 817
95.691,912
211,854229, 671
52, 940
139, 47860, 347
113,04662, 378
9294858
991009913
395,3843 67, 914
37, 75651, 609
3 109, 9033 68, 908
721, 523318, 382
476, 543386, 10490,439
878981
133
89, 80213, 123
68.9
7,2731,456
158, 217
192192
Novem-ber
13, 59212, 571
3.50
737174
11, 09112, 386
8, 313, 302213, 700185, 775
87.570, 055
196, 896207, 58258, 383
147, 27648, 647
115,30761, 130
8988797
92, 12567, 170
38, 11352, 959
105, 51167, 789
704, 553321, 023
431, 378353, 30778, 071
808272
123
72, 74815, 903
4,7381,172
144, 942
192192
1925
October
20, 44621, 423
144, 33333, 261
3.70
977157
13, 49612, 654
107
8, 438, 784204,492207, 178
100.9101, 981190, 779213, 01946, 054
168, 50548, 911
111,03664, 705
7780777
94939411
99, 91686, 495
41, 23549, 923
107, 89161, 551
700, 232329, 174
422, 548341, 38481, 164
889081
138
102, 05814, 034
84.6
7,0791,429
165, 375
194195
Novem-ber
17, 41821, 563
131, 23634, 635
3.70
668126
11, 69112, 172
99
7, 923, 058193, 140195, 142
99.3103, 304182, 176193, 84744,541
166, 28946, 928
105,48463,411
8082756
94938911
88, 35681, 037
37, 04550, 259
96, 04161, 126
650, 605317, 792
409, 411332, 11277, 299
868880
101
76, 87714,836
67.8
5,1361,336
149, 204
195196
PER CENT IN-CREASE (+) ORDECREASE (— )
Nov.,1926,fromOct.,1926
-7.1-15.9
0.0
-19.9-7.0
-5.4-3.3
-12.0-3.9
-15.98 5
-23.8-7.1-9.6
+10.3
+5.6-19.4
+2.0-2.0
-3.3-6.4-7.1
-12.5
-3.4-1.1
+0.9+2.6
-4.0-1.6
-2.4+0.8
-9.5-8.5
-13.7
-8.0-7.9
-11.1
-7.5
-19.0+21.2
-34.9-19.5-8.4
0.00.0
Nov.,1926,fromNov.,1925
-22.0-41.7
-5.4
+10. 3+38.1
-5.1+1.8
+4.9+10.6-4.8
-11.9-32.2+8.1+7.1
+31.1
-11.4+3.7
+9.3-3.6
+11.3+7.3+5.3
+16.7
+4.3-17.1
+2.9+5.4
+9.9+10.9
+8.3+1.0
+5.4+6.4+1.0
-7.0-6.8
-10.0
+21.8
-5.4+7.2
-7.7-12.3-2.9
-1.5-2.0
CUMULATIVE TOTALFROM JANUARY 1THROUGH NOVEM-BER 30
1935
7,5121,479
133, 592130, 712
87, 115, 1662, 085, 5542, 092, 579
1, 977, 4772, 089, 971
1, 176, 864
997, 134
410, 663
1, 105, 991
7, 169, 846
3, 859, 6753, 018, 422
847, 193
971, 071132, 185
58, 11313, 599
1, 684, 008
1926
7,5341,550
132, 713131, 058
94, 332, 3622, 322, 4062,282,339
2,196,4222, 311, 752
1,228,567
985, 505
423, 461
1, 137, 222
7, 640, 741
4, 498, 7003, 570, 347
928,353
955, 321148, 294
58, 54114, 337
1, 704, 734
Per ct.in-
crease(1?or de-
crease(-)
cumu-lative1926from1925
+0.3+4.8
-0.7+0. 3
+8.3-+11.4+9.1
+11.1+10. 6
+4.4
-1.2
+3.1
+2.8
+6.6
+16.6+18.3+9.6
-1.6+12.2
+0.7+5.4+1.2
s Revised.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
34
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives shown are throughNovember except where otherwisenoted. Earlier data for items shownhere may be found on pages 22 to 151of the August, 1926, "Survey"
BUILDING CONSTRUCTION ANDHOUSING— Continued
Building Costs— Continued
Concrete factory costs (Aberthaw), 1st of fol-lowing month _
Building costs (Engineering News Record),1st of following month
Construction index:Frame index numberBrick, wood frame _ index number..Brick , steel frame index number . .Reinforced concrete index number. _
Building Contracts and Losses
Contracts awarded (36 States):Commercial buildings thous. of sq. ft_.Industrial buildings thous. of sq. ft_.Residential buildings thous. of sq. ft_.Educational buildings thous. of sq. ft..Other public and semi-
public buildings . thous. of sq. ft..Grand total thous. of sq. ft..
-Contracts awarded, value (36 States) :Commercial buildings thous. of dollsIndustrial buildings thous. of dolls..Residential buildings thous. of dollsEducational buildings thous. of dolls..Other public and semi-
public buildings thous. of dolls..Public works and utilities.. thous. of dolls..
Grand total thous. of dolls..Contracts awarded, Canada thous. of dolls..Fire losses:
United States and Canada.. thous. of dolls..
LUMBER PRODUCTS
Softwood Lumber
Southern pine:Production (computed) M ft. b. m._Shipments (computed) M ft. b. m__Orders (computed) ..M ft. b. mStocks, end of mo. (computed). M ft. b. m_.Exports, lumber ..M ft. b. mExports, timber M ft. b. m__Price, flooring dolls per M ft. b. m _
Douglas fir:Production . M ft. b. m__Shipments (computed) M ft. b, m__New orders M ft. b. m .Exports, lumber M ft. b. m_.
Price, No. Icommon.dolls. per M ft. b. m_.Price, flooring, 1 x 4, "B" and
better, V. G.<* M ft. b. m._California redwood:
Production (computed) M ft. b. m..Shipments (computed) M ft. b. m_.Orders received (computed). _.M ft. b. m..
California white pine:Production M ft. b. m..Shipments M ft. b. m .Stocks, end of month M ft. b. m..
Western pine:Production (computed) M ft. b. m..Shipments (computed) M ft. b. m_.Stocks, end of mo. (computed). M ft. b. m..
North Carolina pine:Production (computed) M ft. b. m..Shipments (computed) M ft. b. m_.
Northern pine:Lumber-
Production M ft. b. m..Shipments . M ft. b. mOrders received M ft. b. m..
Lath-Production ._ M ft. b. m__Shipments M ft. b. m..
Northern hemlock:Production M ft. b. m..Shipments M ft. b. m..
Hardwood Lumber
Walnut lumber:Production ... .M ft. b. mShipments M ft. b. m._Stocks, end of month M ft. b. m__
1926
July
198
208
203213197200
10,7049,209
34, 9995,876
4,90166,004
65,34759,703
177, 64640,874
48, 374109,436501, 38033, 865
31,723
449, 794471,819460, 685
1, 070, 17944, 790
8543.17
491,965508,975532,25344, 53136,06516.97
39.27
30, 76237, 70234, 135
154,409123, 414606,335
175, 363172, 648
1, 180, 321
46, 34749,490
51, 54956,49046,783
15,94413, 422
19,90521, 738
2,1343,057
15,463
August
197
208
203213198200
12, 4386,918
39, 8295,196
7,20772, 220
78,23664,049
213, 62440,906
58, 153119,078574,04631, 696
27,833
446, 163467, 317499,991
1,055,40846, 141
11742.89
515,690526,434481, 22153, 82258,74716.55
38.50
47, 44849, 41845, 978
171, 168127, 671659, 098
175, 005186, 740
1, 165, 752
48,88847,033
45, 52849,89050,389
13, 12716,942
21, 58223, 027
2,6103,022
15,046
Septem-ber
197
210
203213197200
14, 1716,290
40, 1834,588
6,30371, 897
95, 35248,836
219, 91032,953
56,82590, 652
544,52820,760
19, 309
448, 293458,749445, 502
1, 052, 00041,951
7142.88
525,091512, 556528, 22467,38050,98316.49
38.23
35, 74933, 63933, 516
160, 740126, 708679, 154
157, 977175, 618
1, 154, 950
48, 52447,670
40, 85948, 32346,204
10,0299,846
23, 21922, 109
2,6402,806
13,930
October
197
211
204213198201
11, 1416,613
41, 8143,404
5,76869, 316
61, 21945, 740
218,98223,076
49, 837100, 512499,36643, 384
14, 877
441, 419457, 297431, 254
1,045,68849, 122
543.54
564,036517,928511,66125, 13732, 70817.16
37.91
40, 46339, 74249,886
138, 768109, 915659, 171
3 153, 7163162,282
31,150,089
53,71154,019
52, 29650, 39641, 460
13,0509,796
15, 02419,500
2,3203,688
12,503
Novem-ber
197
211
204213198200
9,6166,613
41, 6914,562
5,18168,049
56, 40364,552
223,30533, 535
46,78249, 122
473, 70034, 972
26, 724
427,430426, 171362, 275
1,065,53847, 531
43.02
503, 603457,943512, 55663,80156,04216.23
37.41
49,90647, 11646, 259
100,88591, 472
674, 249
128,166132,068
1, 145, 444
25,64939, 45224,677
5,7294,342
2,3783,310
11,591
1935
October
194
206
201210199201
12, 2287,231
52, 2383,937
5,41882, 577
55, 91263,316
262, 72628,192
43, 37666,007
519, 52829,648
23,991
484,840496,022511, 706
1, 199, 32848,9329,34347.41
600,295600,743549,26461,45734,01416.50
41.45
44,08936,64138,328
164, 357145, 665659, 855
175, 843140,480
1, 071, 835
62, 53851, 352
38,49155, 48549,856
9,2849,881
28,50021, 622
3,2433,066
20, 858
Novem-ber
194
206
204212199201
11, 4217,758
50, 3093,157
4,07077,871
61, 33653, 309
240, 28022,048
30,67557, 035
464, 68346,973
30, 320
423,026469, 155494,812
1, 152, 74360, 2328,10248.27
584, 180526,881621, 78238,68325, 67816.50
40.59
36, 89738, 21637, 103
118, 200111, 359644,318
146, 362114,009
1, 102, 368
58,24051,100
15, 28643,90836, 018
4,1186,735
21, 19818, 070
2,9793,813
20, 024
PER CENT IN-CREASE (+) ORDECREASE (-)
Nov.,1926,fromOct.,1926
0.0
0.0
0.00.00.0
-0.5
-13.70.0
-0.3+34.0
-10.2-1.8
7 9+41.1+2.0
+45.3
-6.1-51.1-5.1
-19.4
+79.6
-3.2-6.8
-16.0+1.9-3.2
+40.0-1.2
-10.7-11.6+0.2
+153. 8+71.3
—5.4
-1.3
+23.3+18.6-7.3
-27.316 8
+2.3
-16.6-18.6-0.4
-51.0-21.7-40.5
-56.1-55.7
+2.5-10.2-7.3
Nov.,1926,fromNov.,1925
+1.5
+2.4
0.0+0.5-0.5-0.5
-15.8-14.8-17.1+44.5
+27.3-12.6
8 0+21.1
7 1+52.1
+52.5-13.9+1.9
-25.5
-11.9
+1.0-9.2
-26.8-7.6
-21.1+99.1-10.9
-13.8-13.1-17.6+64.9
+118.2-1.6
-7.8
+35.3+23.3+24.7
-14.617 9
+4.6
-12.4+15.8+3.9
+67.8-10.1-31.5
+39.1-35.5
-20.2-13.2-42.1
CUMULATIVE TOTALFROM JANUARY 1THROUGH NOVEM-BER 30
1925
137, 67462, 274
492, 23155,294
65,413824, 602
767, 903433,409
2, 421, 927381, 559
512,757793,318
5, 311, 372285,298
330, 226
5,231,2015,209,9465,274,862
640, 506144,372
6,001,1646, 128, 2956, 165, 001
530,062297, 235
472, 712427, 194415, 864
1,320,5201, 177, 957
1, 696, 6891, 535, 540
4 547, 323* 519, 519
523, 591506, 331456, 725
136,065109, 716
4 206, 1684 182, 642
41,72937,493
1926
i
131, 64072, 849
461, 89549, 396
60, 561781, 404
792,468603,967
2, 379, 844345,148
516,806944, 656
5,582,887359, 221
349, 252
4,937,4195,085,8845, Oil, 788
522,88619,729
5,902,2345, 952, 8156,035,631
647, 325509,322
477, 057445, 936476, 439
1, 403, 3801, 273, 692
1,643,4871, 671, 141
M94,844* 494, 179
460, 551500, 039467, 774
119, 952124, 147
4 180, 6234 197, 925
,30,16236, 140
Per ct.in-
crease
<•#or de-crease(-)
cumu-lative
1926from1925
-4.4+17.0-6.2
-10.7
-7.4-5.2
+3.2+39.47
-9.5
+0.8+19.0+5.1
+25.9
+5.8
-5.6-2.4-5.0
-18.4-86.3
-1.6-2.9-2.1
+22.1+71.4
+0.9+4.4
+14.6
+6.3+8.1
-3.1+8.8
-9.64.9
-12.0-1.2+2.4
-11.8+13.2
-12.4+8.4
-27.7-3.6
3 Revised. 4 Ten months' cumulative, ending Oct. 31. * See table on p. 16 of November, 1926, issue for earlier data,
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
35
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives shown are throughNovember except where otherwisenoted. Earlier data for items shownhere may be found on pages 22 to 151of the August , 1926, "Survey"
LUMBER PRODUCTS-Continued
Hardwood Lumber— Continued
Walnut logs:Purchased M ft. log measureMade into lumber and
veneer _ M ft. log measureStocks, end of month... M ft. log measure..
All hardwoods:Production (computed) M ft. b. m__Shipments (computed) M ft. b. m._Orders (computed) _ _ M ft. b. mTotal stocks-
Total hardwoods.. M ft. b. mGum M ft. b. m_.Oak M ft. b. m..
Unsold stocks-Total hardwoods.. M ft. b. mGum M ft. b. m_.Oak M ft. b. m__
Unfilled orders-Total hardwoods M ft. b. m..Gum... . . . M ft. b. mOak M ft. b. m..
Total Lumber
Production, 10 species M ft. b. m..Exports, planks, joists, etc M ft. b. m..Retail yards, Minneapolis district:
Sales M ft. b. m__Stocks, end of month M ft. b. m..
Composite lumber prices:Hardwoods dolls, per M ft. b. mSoftwoods dolls, per M ft. b. m
FlooringMaple flooring:
Production M ft. b. m__Shipments M ft. b. mStocks, end of month M ft. b. mOrders booked M ft. b. m__Unfilled orders, end of month. _M ft. b. m__
Oakfflooring:Production _ _ _ M ft. b. mShipments M ft. b. m..Stocks, end of month M ft. b. mOrders booked M ft. b. m__Unfilled orders, end of month. _M ft. b. m__
Wooden FurnitureHousehold furniture and case goods:
Shipments dolls., average per firm..r "Unfilled orders dolls., average per firm..Grand Rapids district:
Shipments No. of days' productionNew orders No. of days' productionUnfilled orders, end of
month No. of days' productionOutstanding accounts, end of
month. .. No. of days' salesCancellations per cent of new orders..
Piano benches and stools:New orders dollars..Unfilled orders, end of month dollars..Shipments-
Value dollars..Quantity pieces..
Plywood and VeneerPlywood:
Bookings thous. of sq. ft. of surface..Shipments thous. of sq. ft. of surface-Unfilled orders, end of
month . . .thous. of sq. ft. of surfaceRotary-cut veneer:
Purchases number of carloadsReceipts.. _ ..number of carloads
Barrel HeadingsCircled headings for wooden barrels:
Production (rough) sets..Shipments (finished) sets. .Sales (finished) sets .Unfilled orders, end of month.. sets..Stocks on hand, end of month sets..
STONE, CLAY, AND GLASSPRODUCTS
Clay ProductsFace brick, averages per plant:
Production thousands. _Shipments thousandsStocks, end of month thousandsUnfilled orders, end of month. .thousands..
1926
July
2,399
2,1683,193
94,00091,00092,000
819, 196232, 729269, 228
641, 713166, 894210,390
206, 58473, 19167, 198
2,443,684142,895
20, 611109,909
39.9530.21
8,32910,41428,5578,9638,753
44,78946, 25956, 45047,54539,260
40,33168, 891
2642
72
465.097
8,2312,511
7,6049,979
3,6963,406
4,437
227172
997, 792814,754847,249
1,832,2832, 578, 671
859823
2,0401,147
August
2,361
2,4393,093
94,00097,00093,000
824, 661223,865273,426
642, 551165, Oil215,312
207, 76870, 27963,942
2,413,655156,875
20,268109,822
39.9529.93
11,31613, 91131, 54611, 1559,987
46, 39647,75654, 32549,75643, 329
54,21874,240
2927
68
557.0100
10, 1013,408
9,01711, 875
3,8243,456
4,708
248172
1,213,395916,242653, 905
1, 711, 7473,070,079
855780
2,011985
Septem-ber
1,991
2,6192,237
94,00093,000
105, 000
893, 104222,502301,830
685,439163, 108230, 752
233, 18969,82276, 661
2,491,833163, 301
16,483102, 183
40.9629.90
12,03413, 19431, 1319,7209,606
47, 20147,27053, 46941, 77739, 237
63,26678,590
3134
65
607.5100
15,5246,651
12,06116,600
4,1213,893
4,672
220251
1,403,392895, 528
1, 293, 2732, 184, 0843,545,455
793722
2,132979
October
1,833
2,1431,941
93,000101, 000100, 000
884, 608224,008301, 135
673, 856164,309227,982
242, 25473, 18482, 185
2, 420, 000121, 116
20, 66494,830
40.9330.28
11, 61611, 96131, 3147,1158,580
45, 05642,85955,27337, 76735, 578
63,56072,215
3133
62
6113.5102
16,8918,649
14,71618,709
3,8823,786
4,807
111184
862, 800965,924
1, 159, 3142,753,2792, 993, 355
753861
2,084863
Novem-ber
2,273
2,3351,754
90,00091,00092,000
897,818231, 160308, 099
690, 785168,703235,911
239,05976,79079, 739
2,276,849164,263
14,80088,796
41.1529.98
12, 1529,765
33, 6196,1717,350
40,02934, 50160, 14533,82732, 603
13, 5576,663
15,53320,474
231214
752, 557697, 679534, 616
2, 577, 3033,069,088
716542
2,104741
1925
October
1,842
2,3783,930
73,00093,00098,000
783,401226, 808243,417
619, 997170,786193, 980
188,40067, 14355, 712
2,835,311170, 376
3 21, 8593 104, 849
40.5430.35
10, 7209,439
23,7287,9168,219
49,49849, 68639, 92140,09744,793
60,85273,625
3332
68
599.0100
18,0037,042
17,55920,963
5,5124,832
7,518
233, 600835, 810617, 514
1, 388, 9712,730,882
823651
1,693903
Novem-ber
2,121
2,3614,000
65,00096,000
107,000
788,180225, 087249, 340 j
613, 814168, 829195, 297
207, 56172,35461, 572
2,476,262148,858
3 17, 75198, 345
41.6730.59
9,0847,445
25,0726,3407,829
41, 94739,27643,20441,59450,565
55, 68173,449
3234
68
5510.5101
15,9446,851
16,12119,474
4,9335,214
7,657
304, 274680, 200383, 603
1, 298, 8102, 151, 515
683504
1,713835
PER CENT IN-CREASE (+) ORDECREASE (— )
Nov.,1926,fromOct.,1926
+24.0
+9.0-9.6
-3.2-9.9-8.0
+1.5+3.2+2.3
+2.5+2.7+3.5
-1.3+4.9-3.0
-5.9+35.6
-28.4-6.4
+0.5-1.0
+4.6-18.4+7.4
-13.3-14.3
-11.2-19.5+8.8
-10.48.4
-19.7-23.0
+5.6+9.4
+108.1+16.3
-12.8-27.8-53.9-6.4+2.5
-4.9-37.0+1.0
-14.1
Nov.,1926,fromNov.,1925
+7.2
-1.1-56.1
+38.5-5.2
-14.0
+13.9+2.7
+23.6
+12.5-0.1
+20.8
+15.2+6.1
+29.5
-8.1+10.3
-16.6-9.7
-1.2-2.0
+33.8+31.2+34.1-2.7-6.1
-4.6-12.2+39.2-18.7-35.5
-15.0-2.7
-3.6+5.1
+147. 3+2.6
+39.4+98.4+42.6
+4.8+7.5
+22.8-11.3
CUMULATIVE TOTALFROM JANUARY ITHROUGH NOVEM-BER 30
1925
33,068
32, 855
29,022,1821,738,874
196,374
95, 94794,276
91,568
475,793472,084
461,922
« 447, 703
133,837
129,974158,865
8,0817,509
1926
27,667
26,896
27, 359, 5921, 774, 483
175,781
108,084108,642
93,368
495,564472,575
447,736
« 507, 229
126,165
119,704148, 186
8,0517,669
Per ct.in-
crease(-yor de-crease(-)
cumulative1926from1925
-16.3
-18.1
-5.7+2.0
-10.5
+12.6+15.2
+2.0
+4.2+0.1
-3.1
+13.3
-5.7
-7.9-6.7
-0.4+2.1
3 Revised. «Ten months' cumulative, ending Oct. 31.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
36
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives shown are throughNovember except where otherwise^noted. Earlier data for items shownhere may be found on pages 22 to 151of the August , 1926, "Survey"
STONE, CLAY, AND GLASSPRODUCTS— Continued
Clay Products— Continued
Common brick:Stocks, end of month-
Burned thousands..Unburned thousands..
Shipments .thousands _ _Unfilled orders, end of month.. thousands..Plants closed down number. _Price, red, New York dolls, per thous..
Paving brick:Production actual - - thousands _.Shipments thousands..Stocks end of month thousands. .Orders received - _ thousands. _Cancellations - thousands __Unfilled orders, end of month.. thousands..Operations, relation to capac-
ity percent..Sand lime brick: *
Production thousands _ _Shipments by rail thousands. .Shipments by trucks ..thousands..Stocks end of month . thousands. _Unfilled orders, end of month.. thousands. .
Vitreous china plumbing fixtures:Orders received pieces..Shipments pieces. _Unfilled orders, end" of month pieces..Stocks, end of month pieces-
Floor and wall tile:Production - -thous. of sq. ft..Shipments, quantity thous. of sq. ft..Shipments value thous. of dolls..Stocks, end of month thous. of sq. ft—
Architectural terra cotta, bookings:Quantity net tons..Value thous. of dolls..
Portland CementProduction thous. of bbls..Shipments thous. of bbls..Stocks, end of month thous. of bbls..Wholesale price:
Chicago district dolls, per bbl_.Lehigh Valley -- dolls, per bbl__
Highways
Concrete paving contracts awarded:Total -. ..thous. of sq. yds_.Koads thous. of sq. yds. .
Federal aid highways:Completed —
Cost - thous. of dolls..Distance miles..
Under construction, end of month. __ miles..
Plate Glass
Production polished - thous. of sq. ft..
Glass ContainersActual production:
Quantity grossRelation to capacity - per cent..
Orders and contracts ..gross..Shipments - gross..Stocks end of month grossUnfilled orders, end of month" gross..
Illuminating GlasswareProduction:
Total number of turnsRatio to capacity per ct. of capacity..
New orders per ct of capacityShipments per ct. of capacity.Unfilled orders, end
of month number of weeks' supplyStocks, end mo .... .number of weeks' supply..
CHEMICALS AND OILSChemicals
Sulphuric acid:Exports thous. of lbs__Price wholesale, 66°, N. Y.dolls. per 100 Ibs..
Nitrate of soda, imports... long tons..Potash, imports long tons..Acid phosphate:
Production short tons..Consumption . . short tons..Stocks, end of month short tons..
1926
July
218, 34858, 652
140, 623234, 164
517.00
27,61137, 443
101, 24341,761
39278, 947
71
20, 8195,649
10, 9967,613
18, 526
278, 771280, 956491, 629525, 044
5,7165,4012,0488,725
17, 6132,165
17, 09618, 78617,210
1.651.75
10, 8565,663
13, 520605
11,100
10, 748
2,01671.0
1,9352,1175,1387,232
1,49425.036.334.5
1.83.8
1,154.75
23,36725,287
232, 39485, 115
1, 147, 998
August
249, 27159, 103
135, 090211, 141
417.00
30,48134, 80392, 47934, 2661,261
77, 149
78
17,4357,6909,8708,770
24, 200
381, 277276, 215580, 306515, 565
5,7085,8852,1968,473
12, 7341,491
16, 93618, 53615, 718
1.651.75
13, 2496,594
19, 275890
11, 147
11, 274
2,03871.7
1,6422,0225,1457,640
2,05029.842.836.9
1.93.5
598.75
55, 32527, 522 -
240, 185104, 645
1,280,187
Septem-ber
284,02167, 658
118, 537216, 289
1816.00
25, 38531,33082, 22024,663
12870, 350
66
15, 6266,6639,0949,877
18, 651
242, 589295, 886527, 009488, 023
5,3045,6252,0698,258
3 11, 5201,247
16, 57118,08714, 195
1.651.65
8,3783,736
15,222668
11,309
11,431
2,00972.2
2,2372,0885, 0547,672
3,19347.043.746.3
1.43.4
384.75
37, 09623,355
227, 112276, 584
1, 233, 428
October
286, 95258, 388
135, 824213,092
1615.50
23, 22426, 85270, 85720, 712
25562, 474
61
15, 2184,804
11, 2428,313
18, 225
3 159, 1903 265, 4243 420, 7753 514, 217
5,8075,2421,9878,386
3 15, 1511,579
16, 59617, 486
« 13, 334
1.651.65
7,5284,224
21,9481,090
11, 607
11, 186
2,32179.7
2,4211,9805,4087,958
260.75
47,50328, 341
3267,4753 145, 333
31,352,440
Novem-ber
12.25
18, 51620, 71163, 20712,8742,999
51, 606
53
413, 612214, 759619, 628541, 655
10, 6971,221
14, 19311, 29016, 237
1.651.65
5,5953,231
29, 7681,128
10,478
9,705
2,14372.3
2,5531,6935,8228,714
591.75
51,44834,411
276, 89892, 782
1,518,483
1925
October
306, 58886, 184
172, 542262, 534
1814. 75
28,93528,48299, 56719,0213, 262
51, 161
74
225, 287250, 803371, 753388, 643
5,3135,4702,0296,606
12, 3411,607
15, 99215, 30910,979
1.701.75
6,1353,711
12, 255535
12, 187
10, 714
2,20677.6
2,5101,9624,6697,301
4,84151.050.651.9
2.12.5
383.70
48, 58717,455
271, 486182, 524
1,147,900
Novem-ber
279, 18864, 090
144, 127239, 636
2114.75
23, 61117, 869
101, 91517, 746
36450, 669
60
301,821201, 192472,382.443, 594
5,1395,0131,7616,703
13, 8641,696
13, 65610, 18714, 534
1.651.75
3,4881,718
31, 8221,188
11,935
9,889
2,01279.7
2.5431,6485,0648,378
2,57146.147.347.3
2.16.5
408.70
73, 89219, 646
3 257, 9653 113, 143
31,317,618
PEE CENT IN-CREASE (+) OEDECEEASE (— )
Nov.,1926,fromOct.,1926
-21.0
-20.3-22.9-10.8.-37. 8
-17.4
-13.1
+159. 8-19.1+47.3+5.3
-29.4-22.7
-14.5-35.4+21.8
0.00.0
-25.7-23.5
+35.6+3.5-9.7
-13.2
-7.7-9.3+5.4
—14.5+7.7+9.5
+127.30.0
+8.3+21.4
+3.5-36.2+12.3
Nov.,1926,fromNov.,1925
-16.9
-21.6+15.9-38.0-27.5
-723. 9+1.8
-11.7
+37.0+6.7
+31.2+22.1
-22.8-28.0
+3.9+10.8+11.7
0.0-5.7
+60.4+88.1
-6.5-5.1
-12.2
-1.9
+6.5-9.3+0.4+2.7
+15.0+4.0
+44.9+7.1
-30.4+75.2
+7.3-18. C+15.2
CUMULATIVE TOTALFROM JANUARY 1THEOUGH NOVEM-BEE 30
1925
4 1,620, 377
312, 214244, 562
261,479
4 43, 4794 43, 6474 15, 710
153, 28618, 434
150, 489149, 807
98, 92461,447
200, 3599,255
135,265
107, 717
6,955
1,071,790234, 114
2,966,4663,304,017
1926
1,387, 779
257, 299251, 716
264, 624
* 54, 1074 50, 9284 18, 995
149, 26118, 105
153, 065155, 243
100,50657,616
198, 2168,493
120, 627
121,514
8,586
841, 326274,305
3,147,2363,317,228
Per ct.in-
crease("tfor de-
crease(-)
cumu-lative
1926from1925-
-14.4
-17.6+2.9
+1.2
+24.4+16.7+20.9
-2.6-1.8
+1.7+3.6
+1.6-6.2
-1.1-8.2
-10.8
+12.8
+23.5
-21.5+17.2
+6.1+0.4
a Revised. 4 Ten months' cumulative, ending Oct. 31. * See table on p. 15 of the December, 1926, issue for earlier data.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
37
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives shown are throughNovember except where otherwisenoted. Earlier data for items shownhere may be found on pages 22 to 151of the August, 1926, "Survey"
CHEMICALS AND OILS— Continued
Chemicals— ContinuedFertilizer:
Consumption in SouthernStates . . . .short tons .
Exports long tonsDyes and dyestuffs, exports:
Vegetable thous. of lbs_.Coal-tar thous. of Ibs..
Price index numbers:Crude drugs index numberEssential oils index numberDrugs and pharmaceuticals.index number..Chemicals index numberOils and fats index number
Wood Chemicals
Acetate of lime:Production thous. of IbsShipments or use thous. of Ibs..Stocks, end of month thous. of Ibs..Exports thous. of Ibs..Price, wholesale dolls, percwt..
Methanol, crude:Production _ _ gallonsShipments or use gallonsStocks, producers', end of month.. gallons. -Purchased by refiner?.. gallons..Consumed by refiners gallonsStocks at refineries, end of month. .gallons..Exports. ...gallons.-Price wholesale, N. Y dolls, per gal..Canada-
Consumed. gallons..Stocks, end of month gallons..
Methanol , refined:United States-
Produced.. gallons..Stocks, end of month, at
refineries gallons..Canada-
Produced gallons..Stocks, end of month gallons ._
Wood at chemical plants:Consumption (carbonized) .cordsStocks, end of month cords..
Daily capacity, wood-chemical plants:Total in industry. cords-Reporting cordsShut down cords..
Ethyl Alcohol
Production thous of galsWithdrawn for denaturation thous. of gals..Warehouse stocks,end of month.thous. of gals..
Expfosives
(Black powder, permissibles, and other highexplosives)
Production thous. of Ibs..Shipments thous. of Ibs..Sales. _ ... thous. of IbsStocks, end of month 4 thous. of lbs_.
Naval StoresTurpentine:
Net receipts, southern ports barrels..Stocks, end of month —
At three ports barrels..At five ports barrels..At stills barrels..
Price, southern, in barrels,New York. .. dolls, per gal
Rosin:Net receipts, southern ports barrels..Stocks, end of month—
At three ports _. _. .barrels• At five ports barrels
At stills _ barrels..Price, common to good (B),
New York dolls, per bbl_.
RoofingRoofing felt:
Production, dry felt tonsStocks, end of month, dry felt tons..
1926
July
22, 97888, 622
2172,743
206167155114165
10, 60613, 85320, 1711,9093.25
497, 971750, 816987, 783665, 854880, 196297, 20219, 317
.56
33733, 827
685, 201
585, 301
None.58, 465
59, 021451, 006
4,5354,2301,230
17, 22514, 2677,335
34,66334, 97334,90916,070
43,122
44, 76249, 7989,126
.88
143, 415
132, 649144,32561, 997
13.35
25,0034.051
August
45,479113, 785
5582,449
206163155113157
11, 52013, 43218, 3422,9023.25
555, 023734, 432722, 698611, 402714, 658351, 40943, 350
.70
None.33, 651
560, 806
385, 765
None.42, 994
63,343449, 203
4,5354,230
830
16,97714,3908,914
38,02337, 17437,02116, 894
40,632
58, 92964, 17111, 471
.95
138, 124
131,636143, 50061, 892
14.61
23, 5473.636
Septem-ber
155, 92197, 701
1361,883
209155155114154
11, 14310,41316, 8951,3923.25
572, 397670, 578582, 885675, 671820, 504164, 36338, 779
.76
27, 68531, 853
663, 251
344, 629
26,70044, 303
62, 579437, 555
4,4594,051
678
20, 77617, 33810, 863
40, 74141, 09838, 34816, 488
34,918
57, 60162, 28112, 180
.92
118, 868
148,177158,03969,387
14.43
26, 9383.236
October
119, 16573, 384
1622,220
215148156114136
12, 70314,36815, 1391,1253.25
648, 522649, 172507, 282620, 792776, 430151, 32624, 977
.74
30, 22230, 293
585, 122
279, 781
29, 20040, 631
67, 145423, 212
4,4594,051
678
40, 67040, 95139,31116, 857
32,216
57,37063,73613, 069
.90
114, 120
158,210166, 70374, 445
13.86
27,6363.426
Novem-ber
79. 69373, 993
2092,672
211143156114134
3.38
564, 092725, 852144, 13629, 869
.75
38, 88418, 947
577, 718
235, 516
37,50043, 964
25, 885
63,65070, 78812,685
.89
107, 801
184, 405203, 74490, 163
13.08
22,0133.246
1935
October
117, 57287, 568
3341,718
195191158113158
12,58813, 89918,040
4262.75
3 613, 8863 845, 975
1, 500, 328681, 985907, 452
1, 064, 36519, 558
.58
12,10036, 606
673, 308
516, 437
11,50032, 443
3 66, 3363 603, 632
3 4, 6593 4, 388
1,095
21, 54121, 6247,411
33,04933, 41432, 59416, 309
26,367
48, 40458, 74914, 637
1.13
100, 264
181, 613202, 425112, 915
15.88
23, 9462.556
Novem-ber
56, 24865, 260
3061,840
191215157113156
13, 32412, 92619,4064,5713.00
676, 987782, 441
1, 422, 961597, 836810, 607858, 30110, 643
.58
40, 89533, 186
666, 641
498, 792
39,20040, 846
72, 088575, 805
4,6154,308
841
21, 23520, 6806,636
31, 63833, 12731, 18114, 958
18, 001
45,04657, 65021, 765
1.16
77, 491
196, 939221, 273121, 659
15.94
19,0433.488
PER CENT IN-CREASE (+) ORDECREASE (-)
Nov.,1926,fromOct.,1926
-33.1+0.8
-1-29.0+20.4
-1.9-3.4
0.00.0
-1.5
+4.0
-9.1-6.5-4.8
+19. 6+1.4
+28.7-37.5
-1.3
-15.8
+28.4+8.2
-19.7
+10.9+11.1-2.9
-1.1
-5.5
+16.6+22.2+21.1
-5.6
-20.3-5.3
Nov.,1926,fromNov.,1925
+41.7+13.4
-31.7+45.2
+10.5-33.5-0.6+0.9
-14.1
+12.7
-5.6-10.5-83.2
+180. 6+29.3
-5.1-42.7
-13.3
-52.6
-4.3+7.6
+43.8
+41.3+22.8-41.7
-23.3
+39.1
-6.4-7.9
-25.9
-17.9
+15.6-6.9
CUMULATIVE TOTALFROM JANUARY 1THROUGH NOVEM-BER 30
1925
4, 965, 6191, 020, 962
3,47522, 797
»
4 123, 842U21,440
4 6, 258, 42746,458,317
335, 093
4 669, 545
4 345, 2834 347, 5544 333, 846
271, 715
990, 273
227, 191
1926
4,990,0181, 025, 735
2,42023, 708
4 122, 1884 118, 822
6, 180, 4546,801,087
6, 554, 8018, 496, 343
408, 561
269, 821
6, 366, 918
259, 280
< 672, 385
4359,0434 360, 6474 335, 509
274, 204
974, 264
258, 505
Per ct.in-
crease(+)
or de-crease(-)
cumu-lative1926from1925
+0.5+0.5
-30.4+4.0
-1.3-2.2
-1.2+5.3
+21.9
+0.4
+4.0+3.8+0.5
+0.9
-1.6
+13.8
3 Revised. 4 Ten months' cumulative, ending Oc t. 31.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
38
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives shown are throughNovember except where otherwisenoted. Earlier data for items shownhere may be found on pages 22 to 151of the August, 1926, "Survey"
CHEMICALS AND OILS— Continued
Fats and Oils
Total vegetable oils:Exports thous. of Ibs...Imports . thous. of Ibs..
Animal glues, sales: •Total glue thous. of lbs._Bone glue . .. . thous. of Ibs...Hide glue thous. of Ibs..
Oleomargarine:Production thous. of Ibs..Ingredients consumed in production-
Cottonseed oil thous. of Ibs..Coconut oil thous. of lbs~
Consumption . thous. of lbs_.
Cottonseed
Cottonseed stocks, end of month tons..Cottonseed oil:
Stocks, end of month thous. of Ibs..Production thous. of Ibs..Price, yellow, prune,
New York dolls, per lb..
Flaiseed
Minneapolis and Duluth:Receipts . thous. of bushs..Shipments .... thous. of bushs..Stocks, end of month .thous. of bushs..
Linseed oil:Shipments from Minneapolis. thous. of Ibs..Price,/ New York dolls, per lb..
Linseed-oil cake: Shipments fromMinneapolis . thous. of lbs_ .
FOODSTUFFS
Wheat
Production, monthly estimate:Winter ._ thous. of bushsSpring . . ... ..thous. of bushs..
Visible supply, end of month:United States ..thous. of bushs..Canada thous. of bushs.
Receipts, principal markets... thous. of bushs..Shipments, principal markets.thous. of bushs..Exports:
United States— .Wheat only thous. of bushs..Including wheat flour .thous. of bushs..
Canada —Wheat only . thous. of bushs..
No. 1, northern, Chicago.. dolls, per bush..No. 2, red winter, Chicago.dolls. per bush..
Wheat Flour
Grindings of wheat:United States (census) thous. of bushs..Canada thous of bushs
Production:United States, actual
(census) thous of bushsUnited States, prorated
(Russell) thous. of bblsCanada thous. oif bbls..
Production, grain offal thous. of Ibs..Capacity operated flour mills per centConsumption, wholesale,
(computed) thous. of bbls..Stocks, all positions, end of
month (computed) thous of bblsExports:
United States thous. of bbls. .Canada thous. of bbls..
Wholesale prices:Standard patents, Minne-
apolis dolls, per bblWinter straights, Kansas
City dolls, per bbl_.
Corn
Production, monthly estimate, thous. of bushs. .Exports, including meal thous. of bushs..Visible supply, end month thous. of bushs..Receipts, principal markets.. -thous. of bushs..Shipments, prin. markets thous. of bushs..Grindings (starch, glucose) thous. of bushs..Prices, contract grades, No. 2,
Chicago dolls, per bush..
1926
July
90474,001
6,0732,4623,612
16,445
1,3738,138
14,704
23, 576
8,40613, 856
.15
478362976
10,282.12
9,210
626,482212, 719
31,95930,47476,96029,013
16,08319, 652
16,306
1.531.44
43,9425,523
9,570
11, 1891,228
868,23157
9,237
7,660
793978
8.C8
6.81
2,576,9361,358
26,82113,74810, 7246,222
.80
August
54155,971
6,2222,3883,833
16,635
1,4056,190
17,294
70,667
10,04519,641
.13
1,029370579
11,904.12
12,632
626,000212, 109
66, 73919,43771, 59334,458
28,99535,485
9,541
1.421.37
47,6544,694
10,477
12, 3381,044
820, 79562
10, 257
8,300
1,442459
7.95
6.74
2, 697, 8721,158
22, 45511, 4828,2886,735
.81
Septem-ber
80155,095
6,4472,4064,041
20,232
1,7758,127
20,172
577,981
58, 158136, 470
.11
2,189907846
14,153.11
21, 799
626, 000213,336
81,78044,75448, 73124, 625
23,70030, 719
10, 575
1.391.36
49,3167,323
10,843
12,6811,634
844, 77367
10, 921
8,500
1,560612
7.73
6.68
2, 679, 9881,052
18,99913, 5247,2676,311
..80
October
2,68850,449
7,1302,7894,341
21,766
2,0918,895
21,766
1,146,792
104,778284, 229
.09
6,1441,6443,102
11, 669.11
30, 436
626,000213,336
77,71483,71937, 13724,427
17, 58923,821
30, 573
1.441.40
48, 55710,029
10,642
13, 0292,231
831,78063
11, 444
8,700
1,385963
7.94
6.94
2,693,9631,494
24,63728,39311,0017,057
.78
Novem-ber
5,33667,086
23,800
1,387,387
131, 034296, 197
.08
2,8111,6713,569
8,725.11
23, 808
626,000213.336
78,412119, 79029,75423,422
14,28020,277
43,947
1.391.38
1,3441,262
7.74
6.64
2, 693, 9632,208
32,21922,84712, 5635,924
.71
1925
October
8,18352,179
25,947
2,64110,20625, 612
1, 272, 981
92,315234, 566
.10
§,5152,5933,302
17, 769.13
33, 958
49,65176,23936,04524, 508
4,3548,910
41,896
1.551.64
49,79910, 181
10,728
13,1652,308
907,39061
12,655
7,900
1,0121,022
8.26
7.41
1,2922,209
12,8818,6937,037
.83
Novem-ber
9, 63559,634
26,275
2,32010,61224,974
1,367,395
3111,9653 235, 252
.10
3,5223,5542,488
14,676.13
35, 190
1 401, 7341 274, 695
49,774103, 58434, 12722,324
4,6968,621
34,840
1.611.71
42,4169,499
9,128
10, 8692,127
769,37356
10, 101
7,800
8721,210
8.54
7.61
12,916,9611,2103,077
18, 4567,6926,497
.84
PEE CENT IN-CREASE (+) OBDECREASE (— )
Nov.,1926,fromOct.,1926
+98.5+33.0
+9.3
+21.0
+25.1+4.2
-11.1
-54.2+1.6
+15.1
-25.2.00
-21.8
+0.9+43.1-19.9-4.1
-18.8-14.9
+43.7
-3.5-1.4
-3.0+31.0
-2.5
-4.3
+47.8+30.8-19.5+14.2-16.1
-9.0
Nov.,1926,fromNov.,1925
-44.6+12.7
-4.7
+1.5
+17.0+25.9
-20.0
-20.2-53.0+43.4
-40.5-15.4
-32.3
+57.5+15.6-12.8+4.9
+204.1+135. 2
+26.2
-13.7-19.3
+54.1+4.3
-9.4
-12.7
+82.5
+23.8+63.3-8.8
-15.5
CUMULATIVE TOTALFROM JANUARY 1THROUGH NOVEM-BER 30
1925
59,106594,437
4 186, 418
* 19, 3374 70, 291208, 952
1,286,825
21,95311,177
150, 599
258,833
325,023232,739
88,706127,435
165,337
4429,4904 65, 986
4 85, 714
4 103, 548« 14, 700
* 6, 902, 250
< 93, 061
10, 1129,275
10,040
194,463123,00263,775
1926
36,858622,249
* 195, 221
* 19, 2824 77, 189216,978
1,481,007
15,8586,613
123,933
178, 236
367,836215,465
128,506176,703
205,150
* 409, 569* 68, 040
488,911
« 105, 317« 15, 161
4 7, 232, 343
494,217
10,7229,572
3,187
214, 638113,13170, 995
Perct.in-
crease(+)
or de-crease(-)
cumu-lative1926from1925
-37. 8+4.7
+4,7
-0.&+9.8+3.&
+15. 1
-27.8-40.8
-17.7
-31. 1
+13.0--7.4
+44.9"+38. 7
+24.1
-4.6-+3.1
+3.7
+1.7+3.1+4. a
+1.2
+6.0*+3.2
+130. 9*
+16. <>-8.0
+11.$
i Final estimate for 1925,3 Revised.4 Ten months' cumulative, ending Oct. 31
• See table on page 17 of the September, 1926, issue for earlier data./ See table on page 26 of the November, 1926, issue for earlier data.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
39
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives shown are throughNovember except where otherwisenoted. Earlier data for items shownhere may be found on pages 22 to 151of the August, 1926, "Survey"
FOODSTUFFS— ContinuedOats
Production, monthly estimate -thous. of bushs..Eeceipts, principal
markets thous. of bushsVisible supply, end month thous. of bushs..Exports, including meal thous. of bushs..Prices, contract grades,
Chicago dolls, per bushQrindings, Canada thous. of bushsProduction, oatmeal and rolled
oats, Canada thous. of lbs_.
Other GrainsBarley:
Production, monthly est— thous. of bush__Receipts, principal
markets . -thous. of bush__Visible supply, end mo... -thous. of bush_.Exports thous. of bushPrice fair to good, malting,
Chicago dolls per bushRye:
Production, monthly est.. thous. of bushs. _Receipts, principal
markets . __thous. of bushs—Visible supply, end mo thous. of bushs—Exports, including flour... thous. of bushs..Price No 2, Chicago dolls per bush
Total GrainsTotal grain exports, incl. flour.thous. of bushs..; ~- BiceSouthern paddy, receipts at mills bbls__Shipments:H Total from mills pockets (100 Ibs.)—&" New Orleans pockets (100 Ibs.)..Stocks, end of month pockets (100 Ibs )Exports pockets (100 Ibs.)Imports . pockets (lOOlbs.).-
Other CropsApples:
Cold-storage holdings,end of month. . thous. of bbls..
Car-lot shiprrjp.nt cftr^Oft^SPotatoes, car-lot shipments carloadsOnions, car-lot shipments _ .carloads ..Citrus fruits, car-lot shipments carloads. .Hay, receipts tons
Cattle and Calves
Cattle movement, primary markets:Receipts ._ .. thousands..ShjpTnQpts, tntftl thousandsShipments, stocker and feeder— thousands..Local slaughter. _ thousands. .
Beef products:Inspected slaughter product.-thous. of Ibs..Apparent consumption thous. of IbsExports ". thous. of Ibs..Cold-storage holdings,
end of rnoTith thous of IbsPrices, Chicago:
Cattle, corn-fed dolls, per 100 IbsBeef, fresh native steers dolls, per lb_.Beef, steer rounds, No. 2 dolls, per Ib
Hogs and Pork
Hog movements, primary markets:Receipts thousands..Shipments, total. . thousandsShipments, stocker and feeder., thousands _.Local slaughter thousands..
Pork products, total:Inspected slaughter product..thous. of Ibs..Apparent consumption thous of IbsExports thous of IbsCold-storage holdings, total,
end of month thous of IbsFresh and cured in storage,
end of month thous of IbsLard (included in pork products) :
Production thous. of IbsExports thous. of Ibs..Cold-storage holdings,
end of month thous of IbsPrices:
Hogs, heavy, Chicago dolls, per 100 Ibs.Hams, smoked, Chicago dolls, per Ib.Lard, nrimp, rontrant. N. Y__ dolls, oer Ib
1926
July
1,311,159
9,24134, 4891,468
.42800
11, 224
191,088
1,4662,2991,386
.72
41,900
8028,6592,1951.04
26, 059
74,634
278, 87134, 528
767,62740,46488, 159
613,665
19,9141,5695,982
57,6i4
1,821658198
1,168
447,515495, 007
2,501
46,048
9.42.160.162
2,85498949
1,873
616, 289470, 70572,557
796,245
642, 673
133, 70245,879
153, 572
12.98.351.165
August
1, 263, 619
23,07842, 529
1,028
.40841
11,309
195,204
5,1503,5811,523
.65
41,900
2,0079,325
3181.01
39,512
259,953
310,412142, 589715, 63250,50468, 739
8?3,131
14,7752,5964,533
49, 157
1,997776252
1,171
461, 661465, 917
2,168
41, 697
8.98.160.170
2,8041,084
511,711
563, 719498,31587,944
774,319
623,086
114, 80354,273
151,233
11.85.329.156
Septem-ber
, 282, 414
16,78350,1941,762
.431,099
14,893
196, 762
6,9535,0082,663
.67
41,900
3,90011,0522,130
.97
38,326
1, 147, 507
717, 070132,495
1 217 60364,29043,002
1,20419, 27221,8463,6403,614
58, 240
2,3971,100
5211,290
540,945536,285
2,805
46, 250
10.19.163.170
2,8191,142
841,673
475, 867537,32093,835
619,909
514,351
97, 46661,577
105, 558
12.38.320.150
October
1,282,414
14,33349, 732
860
.471,036
14,068
196, 762
4,4454,823
939
.71
41,870
2,68812,594
1371.01
27, 251
1, 681, 130
1,034,736259, 205
1, 879, 502101, 70725, 957
7,10741,74534,9205,2654,521
70,100
2,6741,310
6931,356
545,988531,354
1,984
61, 198
9.89.170.162
3,2611,334
1291,933
479, 917546,80776,906
477,978
405, 623
92,96746,988
72,355
12.97.303.142
Novem-ber
, 282, 414
11, 30950,063
951
.45
196, 762
3,6684,9021,080
.71
41,870
2,25412, 751
162.96
24, 678
1, 252, 887
1 077 146307,692
2,196,817241, 67830, 372
10,49722,20018, 5102,8509,855
69, 539
2,461l,iA2
5701,326
512,357
2,190
86,104
9.39.170.145
3,5541,314
1262,222
568,835
72, 914
435, 916
389,090
106,26943,488
46,826
12.09.293.128
1925
October
18,91869,2164,744
.401,197
17, 782
6,4455,6423,043
.74
3,3049,290
127.84
18, 116
925,254
842,366186, 218751,68028, 24818,568
7,48941, 32432,5455,1572,639
76,687
2,7891,348
7171,450
569, 094563, 086
2,273
47,481
11.91.185.160
3,3901,323
452,081
563, 747592,23581, 321
429, 861
392, 605
104,28844, 745
37, 256
11.69.283.164
Novem-ber
1,487,550
14,09468,5842,443
.401,257
17,704
l 216, 554
4,7916,7052,493
.72
146,456
2,59810,533
62.86
14,829
1,130,866
834,604172, 564
1, 090, 57141, 66623,586
9,39819, 47815,9802,9689,229
84,068
2,2821,017
4891,232
451,396424, 809
1,749
73, 564
10.58.178.143
3,8441,524
612,300
606, 706541,73676,418
418,737
385,027
106,20639, 979
33,710
11.32.282.162
PER CENT IN-CREASE (+) ORDECREASE (-)
Nov.,1926,fromOct.,1926
-21.1-2.7
+10.6
-4.3
-17.5+1.6
+15.0
0.0
—16.1+1.2
+18.2-5.0
-9.4
-25.fi
+4.1+18.7+16.9
+137. 6+17.0
+47.7-46.8-47.0-45.9
+H8. 0-0.8
-7.0-15.1-17.7-2.2
-6.2
+10.4
+40.7
-5.10.0
-10.5
+9.0-1.5-2.3
+15.0
+18.5
-5.2
-8.8
-4.1
+14.2-7.4
-35.3
-6.8-3.3-9.9
Nov.,1926,fromNov.,1925
-19.8-27.0-61.1
+12.5
-23.4-26.9-56.7
-1.4
-13.2+21.1
+161.3-11.6
+66.4
+10.8
+29.1+78.3
+101.4+480. 0+28.8
+11.7+14.1+15.8-4.0+6.8
-17.3
+7.8+9.3
+16.6+7.6
+13.5
+25.2
+17.0
-il.2-4.5+1.4
-7.5-13.8
+106. 6-3.4
-6.2
-4.6
+4.1
+1.1
+0.1+8.7
+38.9
+6.8+3.9
-21.0
CUMULATIVE TOTALFROM JANUARY 1THROUGH NOVEM-BER 30
1925
218, 567
34,837
«7,813
< 99, 219
61,835
27,619
27,622
28,804
234, 368
4, 263, 302
5,692,1711, 403, 118
584, 865608,510
103, 184223,89327,88778,236
785, 790
22,0128,6033,490
13,214
4,979,977< 4, 614, 220
24,534
39, 54914,648
45524,889
•6,548,727* 5, 191, 795
1,322,725617, 969
1926
151, 982
17, 926
< 8, 575
4114,241
38,952
12,203
19, 152
11,422
241,441
6,542,904
6,733,2301, 623, 127
779, 8081,131,898
116, 471213,48829,73084,558
728, 184
22,0288,6643,408
13, 213
5,673,0464 4, 769, 383
23, 372
35, 86213, 693
81222, 142
6, 549, 7274 5, 068, 680
1,339,504636,286
Per ct.in-
crease(t}
or de-crease(-)
cumu-lative1926from1925
-30.5
-48.5
+9.8
+15.1
-37.0
-55.8
-30.7
-60.3
+3.0
+53.6
+18.3+15.7
+33.3+86.0
+12.0-4.6+6.6+8.1-7.3
+0.1+0.7-2.3
0.0
+13.9+3.4-4.6
-9.3-6.5
+78.5-11.1
0.0-2.5
+1.3+3.0
1 Final estimate for 1925. * Ten months' cumulative, ending Oct. 31.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
40
TREND OF BUSINESS MOVEMENTS—Continued
Thefcumulatives shown are throughNovember except where otherwisenoted. Earlier data for ifems shown
- here may be found on pages 22 to 151of the August, 1926, "Survey"
FOODSTUFFS-ContinuedL
Sheep and Lambs
Sheep movement, primary markets:Receipts thousandsShipments, total . thousands..Shipments, stocker and feeder—thousands. .Local slaughter , thousands
Lamb and mutton:Inspected slaughter product- -thous. of lbs._Apparent consumption thous. of lbs_.Cold-storage holdings,
end of month thous. of lbs,_Prices:
Sheep, ewes, Chicago dolls, per 100 lbs_.Sheep, lambs, Chicago— .dolls, per 100 Ibs..
Miscellaneous Meats
Cold-storage holdings, end mo.. .thous. of Ibs..
Total Meats
Production, inspected slaughter.. thous. of Ibs..Cold-storage holdings, end mo thous. of Ibs..Apparent consumption thous. of Ibs..
Poultry
Receipts at five markets thous. of Ibs..Cold-storage holdings,
end of month thous. of lbs_.
Fish
Total catch, prin, fishing ports.. -thous. of lbs_.Cold-storage holdings, 15th of mo.thous. of lbs_.Canned salmon:
Shipments, United States casesExports, Canada cases
Butter
Receipts, 5 markets thous. of Ibs. _Cold-storage holdings, creamery,
end of month _ thous. of Ibs. _Apparent consumption . thous. of IbsWholesale price, 5 markets dolls, per lb_.
Cheese
Total, all varieties:Receipts, 5 markets thous. of Ibs..Apparent consumption thous. of Ibs. .Cold-storage holdings thous. of lbs_.Imports thous of IbsExports, United States thous. of lbs_.Exports, Canada thous. of lbs_.
American whole milk:Cold-storage holdings thous. of Ibs. _Wholesale price, 5 markets dolls, per lb._
Eggs
Receipts, 5 markets thous. of cases.Cold-storage holdings _. thous. of cases
MilkCondensed milk:
Manufacturers' total stocks —Case goods thous. of IbsBulk goods thous. of Ibs
Manufacturers' unsold stocks —Case goods thous. of IbsBulk goods thous. of Ibs
Exports _ thous. of Ibs..Wholesale price, New York. dolls, per case..
Evaporated milk:Manufacturers' total stocks,
case goods thous. of Ibs..Manufacturers' unsold stocks,
case goods thous. of Ibs.Exports. _. thous. of Ibs .Wholesale price, New York. dolls, per case..
Powdered milk:Sales, less resales o_ thous. of Ibs !Manufactured total stocks. ..thous. of Ibs. .Exports ..thous. of Ibs. .
Fluid milk:Receipts-
Boston (includ. cream)... thous. of qts_.Greater New York thous. of cans
Production —Minneapolis, St. Paul thous of Ibs
Consumption in manufacture ofoleomargarine .thous. of Ibs. _
1926
July
1,739828260912
37, 93537, 786
1,813
5.8814.26
57,053
1, 101, 739747,587
1, 003, 498
20, 974
35, 793
29,56445, 606
581,07222, 708
68, 393
131, 152178, 825
.403
21, 97236,06090, 0535,087
30920, 681
73, 681.212
1,3859,845
37,28523, 310
31, 9319,1383,5375.87
181, 287
138, 4755,6234.33
5,83714,599
209
19, 8692,851
25, 229
4.690
August
2,2771,176
5671,058
40, 26040, 134
1,928
5.8713.95
58, 557
1, 065, 640725, 269
1,004,366
23, 164
38, 634
32,04357, 627
840, 065100, 321
50, 476
138, 151181, 506
.422
20,73536,54298, 4736,520
25419, 903
81,297.218
1,0839,573
40, 82123, 136
32, 5459,1482,1395.75
177, 323
132, 5315,6574.36
5,36314, 941
196
18, 0272,773
21, 771
4.651
Septem-ber
3,2792,1241,0811,147
45, 48545, 470
2,234
5.7713.78
56, 135
1, 062, 297618,970
1,119,076
24, 579
44, 771
24, 41464, 657
1, 237, 767130, 796
44, 761
125, 342173, 808
.446
18, 23143, 70595, 3857,449
32319, 343
77,646.231
9328,048
34, 10621, 478
26,7118,2033,0015.76
151, 687
115,7005,1914.45
5,03114, 146
289
17, 5702,681
19,070
5,991
October
3,0902,0991,150
999
43, 89243, 825
2,814
5.8113.28
52, 590
1, 069, 797522, 225
1, 121, 986
31, 105
64,842
23,76270,309
836,374245, 660
38, 166
100, 871167, 692
.462
19, 25245, 42389, 7859,722
25223, 449
72, 491.246
6995,888
27, 94518,427
23,0107,8582,5215.85
128, 235
104, 3854,6574.41
5,249
in
17, 7582,712
6.504
Novem-ber
1,917988493932
39, 737
3,165
5.7712.70
53,866
1, 120, 929532, 225
69,991
106, 993
19,92474,525
245,883
34, 180
64,377
.493
15, 954
81,00811, 102
34118, 601
63, 896.245
5813,215
2,9395.85
6,1154.42
4,426
213
1935
October
3,1982,2871,392
945
41, 70142, 287
1,435
6.4114.81
44,954
1,174,542486,475
1, 197, 608,
27, 507
53, 787
21, 18658,358
1, 100, 958216,615
43, 468
94, 916167, 629
.554
21,02949, 98090. 8666,819
35325,748
71, 913.252
7096,322
34, 7926,370
28, 4893,2104,5525.98
144, 324
108, 1855,7714.50
4,5237,396
201
16, 2772,587
19, 417
7,483
Novem-ber
1,712927475793
34,04934, 524
1,549
6.7915.25
50, 415
1, 092, 151510, 555
1, 001, 069
62, 272
86, 733
15, 17461,849
503, 149201,646
35, 455
74,754142, 082
.511
17, 05940, 14384, 5616,848
34517,469
66, 495.254
4333,786
29, 6854,619
24, 1812,3083,3166.03
131, 251
103,7004,6544.49
3,8706,371
376
15, 6492,496
20, 255
7,077
PEE CENT IN-CREASE (+) OEDECEEASE (— )
Nov.,1926,fromOct.,1926
-37.0-52.9-57.1-6.7
-9.5
+12.5
-0.7-4.4
+2.4
+4.8+1.9
+125.0
+65.0
-16.2+6.0
+0.1
-10.6
-36.2
+6.7
-17.1
-9.8+14.2+35.3-20.7
-11.9-0.4
-16.9-45.4
+16.30.0
+31.3+0.2
-15.7
+24.6
Nov.,1926,fromNor.,1925
+12.0+6.6+3.8
+17.5
+16.7
+104. 3
-15.0-16.7
+6.8
+2.6+4.2
+12.4
+23.4
+31.3+20.5
+21.9
-3.6
-13.9
-3.5
-6.5
-4.2+62.1-1.2+6.5
-3.9-3.5
+34.2-15.1
-11.4-3.0
+31.4-1.6
+14.4
-43. 4
CUMULATIVE TOTALFEOM JANUAEY 1THEOUGH NOVEM-BEB 30
1935
20,49210, 9404,1139,560
4 427, 850395, 767
11, 856, 554
410,201,782
252, 412
229,410
45,163,1271, 363, 457
535, 799
4 1,674, 025
207, 8374 409, 081
56,0918,811
138, 283
14, 851
38, 503
99,484
48, 453
3,313
4 166, 5854 26, 043
4 54, 671
1936
22, 16311, 6714,388
10, 452
4 455, 414415, 718
12, 221, 045
19,252,642
285, 219
250,546
5, 170, 2401, 123, 014
536, 880
1,631, 546
191, 9034 463, 421
68, 3853,546
121, 023
14, 850
35,249
69, 341
57, 678
2,400
4 175, 5484 26, 681
4 57. 020
Per ct.in-
crease(+)
or de-crease(-)
cumu-lative1926
from1925
+8.2+6.7+6.7+9.3
+6.4+5.0
+3.1
+88.7
+13.0
+9.2
0.0-17.7
+0.2
-2.5
-7.7+13.3
+21.9-59. 3-12.5
0.0
-8.5
-30.3
+18.9
-27.6
+5.4+2.4
+4.34 Ten months' cumulative, ending Oct. 31. o See table on p. 19 of the November, 1926, issue for earlier data.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
41
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives shown are throughNovember except where otherwisenoted. Earlier data for items shownhere may be found on pages 22 to 151of the August, 1926, "Survey"
FOODSTUFFS— Continued
SugarRaw:
Imports—From Hawaii and Porto
Rico .-long tons_.From foreign countries long tons..
Meltings, 8 ports . long tonsStocks at refineries, end mo long tons..Receipts, domestic, at New
Orleans long tonsRefined:
Exports, including maple. long tons..Prices:
Wholesale, 96° centrifugal,N. Y dolls, perlb..
Wholesale, granulated, N.Y.. dolls, per lb._Retail, granulated, N. Y dolls, per lb_.Retail average, 51 cities index number...
Cuban ^movement:Receipts at Cuban ports long tons _Exports _ long tons..Stocks, end of month long tons
CoffeeImports thous. oflbsVisible 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..
TeaImports thous. oflbs..Stocks, United Kingdom,*
end of month thous. of Ibs..
TOBACCO
Consumption (tax-paid withdrawals):Large cigars .millions..Small cigarettes ._ ..millions..Manufactured tobacco
andsnuff .thous. of Ibs. .Exports:
Unmanufactured leaf thous. oflbs..Cigarettes millions..
Sales of loose-leaf, warehouses thous. oflbs..Price, wholesale, Burley good leaf,
dark red, Louisville dolls, per 100 Ibs.Production, crop estimate.. thous. oflbs..
TRANSPORTATION
River and Canal Cargo Traffic
Panama Canal:Total cargo traffic- thous. of long tons..In American vessels.. -thous. of long tons..In British vessels thous. of long tons..
Sault Ste. Marie Canals ..thous. of short tons..New York State canals... thous. of short tons..Suez Canal thous. of metric tons. _Welland Canal short tonsSt. Lawrence Canal short tonsMississippi River, Govt. barges short tons..Ohio River, Pittsburgh, Pa., to
Wheeling, W. Va short tonsAllegheny River *_.. short tons..Monongahela River A short tons..
Ocean Traffic
Clearances, vessels in foreign trade:Total thous. of net tons..American .... . thous. of net tons.Foreign thous of net tons
Shipbuilding
Completed during month:Total gross tons..Steel seagoing gross tons
Building or under contract, end of month:Merchant vessels thous. of gross tons..
Freight Cars
Surplus (daily av. last week of month) :Total _ ._ .cars..Box cars..Coal _ cars..
1936
July
83, 537284, 411465, 144425, 902
854
11, 692
.042
.056
.061126
163,014300, 955
1, 195, 658
116, 702
4,560691
1,072
1,217653
" 9,025
148,207
5697,961
33,648
29,760727582
21.001,202,884
2,1861,165
56513, 608
3162,033
787, 478968, 97688, 846
1, 159, 138273, 641
2,334,195
8,4243,1495,275
14,0098,389
254
199, 073104, 79656, 785
August
58, 206313, 841453, 226341, 803
564
7,095
.042
.055
.062127
164, 744445, 900935,416
122, 922
4,738832
1,117
1,289684
10,056
156,850
5948,068
35, 809
26,263820
34, 772
21.001, 306, 494
2,3221,317
51713, 776
3362,080
630, 169798, 845114, 352
1,078,041295,823
2,289,324
7,8922,5675,325
19, 42313, 384
275
161, 47888, 96738, 967
Septem-ber
56, 798323, 105448,043287, 655
228
5,464
.044
.056
.062127
186, 580473, 190603,469
105, 163
4,663912
1,053
1,240694
12, 148
175,012
6008,086
36,224
38,319762
102, 691
21.001, 293, 918
2,2401,254
57312, 789
4161,845
717, 548872, 597110, 690
927, 851291, 111
2, 317, 562
7,6572,5545,103
11,3176,244
281
114, 73062,20227, 519
October
51, 505299, 863471, 192222, 129
157
4,213
.046
.057
.064129
197,350434,253390,989
159, 567
4,601899
1,108
1.363780
11,057
186,861
6648,061
34,731
53, 129654
131, 891
21.001,304,494
2,3751,327
55612, 879
348
833, 591923,051103, 960
975, 225274, 931
2,303,595
7,9402,9085,033
12, 4149,648
273
81, Oil45, 14812, 106
Novem-ber
27, 273352, 569347, 156277, 687
17, 722
2,419
.047
.058
.064129
169,202343, 124225, 592
120,518
4,564888
1,215
1,269721
10, 737
6557,345
30,955
49, 136612
141,000
21.001, 323, 388
8,170
579, 881682, 848105,000
881, 490246, 446
2, 192, 169
7,7013,0634,638
23, 23720, 934
144, 92198, 79412, 521
1935
October
20,940240, 030385, 64794, 511
835
21, 614
.039
.050
.059124
125,012281,210460, 709
111,920
5,082583
1,262
1,536680
13,088
181,683
7116,925
38,061
52,784488
98,657
25.00
2,009968626
11, 637289
849,457933, 42367, 627
739, 635346, 431
1, 966, 248
6,5722,9913, 581
17, 51612, 210
170
111, 61949, 50242,949
Novem-ber
21,307220, 123262, 89492, 709
25,248
19, 131
.040
.051
.058120
88, 119262, 855292, 119
115,225
5,035789
1,144
1,269758
11,067
189,080
5986,517
30,342
51, 141500
112,615
25.0011,376,628
2,0231,026
5228,410
316
661, 935693, 49747,361
603, 125375, 958
1, 863, 566
5,6712,4513,220
9,8443,283
186
136, 79658,46343. 658
PER CENT IN-CREASE (+) ORDECREASE (— )
Nov.,1926,fromOct.,1926
-47.0+17.6-26.3+25.0
-42.6
+2.2+1.6
0.00.0
-14.3-20. 9-42.3
-24.5
-0.8-1.2+9.7
-6.9-7.6
-2.9
-1.4-8.9
-10.9
-7.5-6.4+6.9
0.0
-36.6
-30.4-26.0+1.0
-9.6-10.3-4.8
-4.0+5.3-7.2
+87.2+117.0
+78.9+118.8
+3.4
Nov.,1926,fromNov.,1925
+28.0+60.2+32.1
+199. 5
-29.8
-87.4
+17.5+13.7+10.3+7.5
-8.0+30.5-22.8
+4.6
-9.4+12.5+6.2
0.0-4.9
-3.0
+9.5+12.7
+2.6
-3.9+22.4+25.2
-16.0
-2.8
-12.4-1.5
+121. 7
+46.2-34.4+17.6
+35.8+25.0+44.0
+136.1.+534.0
+5.9+69.0-71.7
CUMULATIVE TOTALFROM JANUARY 1THROUGH NOVEM-BER 30
1935
1,085,1483, 765, 5834, 763, 766
31,838
328, 013
4,861,4044,614,219
1,154,616
10, 624
12,0686.346
90, 778
6,02773, 709
381, 570
392,0237,202
502, 809
« 18, 510« 10, 3584 4, 913
80,0384 2, 027
5, 566, 4736, 120, 432
845, 162
6, 220, 9063,276,003
20, 256, 746
64, 91625, 94438, 973
198,041123, 480
1926
1, 132, 8033,907,5734, 903, 181
51, 025
89,881
4,549,0174,460,577
1,356,361
11, 127
12, 7096,781
86,372
6,12483,055
381, 858
428,3938,720
657, 734
4 23, 0034 12, 4274 5, 53886, 2894 2, 044
5,150,5326, 051, 425
964, 289
8, 682, 0522, 317, 483
22, 354, 100
72,15526, 16645, 989
191, 693131, 277
Per ct.in-
crease(+)
or de-crease(-)
cumu-lative
1926from1925
+4.4
+2.9
+60.3
+3.8
-6.4-3.3
+17.5
+4.7
+5.3+6.9
-t>.9
+1.6+12.7
+0.1
+9.3+21.1+30.8
+24.3+20.0+12.7+7.7+0.8
-7.5-1.8
+14.1
+39.6-29.3+10.4
+11.2+0.9
+18.0
-3.2+6.3
i Final estimate for 1925. * Ten months' cumulative, ending Oct. 31. h See table on p. 26 of the November, 1926, issue for earlier data,
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
42
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives shown are throughNovember except where otherwisenoted. Earlier data for items shownhere may be found on pages 22 to 151of the August, 1926, "Survey"
TEANSPOETATION— Continued
Freight Cars— Continued
Shortage (daily av. last week of month):Total carsBox. _. _ . carsCoal _ _ cars..
Car loadings (monthly totals):Total thous. of cars. _Grain and grain products... thous. of cars..Livestock thous. of cars..Coal and coke thous. of cars _Forest products thous. of cars..Ore. . . thous. of carsMerchandise and 1. c. 1 . thous. of cars..Miscellaneous thous. of cars..
Railroad Operations
Operating revenue:Freight thous. of dolls..Passenger thous. of dolls..Total operating . thous. of dolls.
Operating expenses . . . .thous. of dolls..Net operating income thous. of dolls..Freight carried _ mills, ton-miles..Pullman company operations:
Kevenue thous. of dolls.Expenses. . thous. of dolls. _Passengers carried thousands..
Railway Equipment
Locomotives (Am. Ry. Assn.):Owned, end of month. ... ..number..
Tractive power mills, of lbs__In bad order, end mo ,. number..
Per cent of total in use. per cent..Installed during month number .Retired during month ..number..Ordered from manufacturers number..Building in railroad shops,
end of month ... number. .Shipments (Census) —
Total . . .number..Domestic —
Steam .number..Electric.. _ . .number..
Foreign-Steam .number..Electric.. _ .number..
Unfilled orders, end of month —Tot al .number _ _
Domestic —Steam .number .Electric number
Foreign--Steam numberElectric number
Exports, steam number..Freight cars (Am. Ry. Assn.):
Owned, end of month carsCapacity mills, of lbs_.
In bad order, end mo carsPer cent of total in use pe* cent-
Installed during month cars..Retired during month » carsOrdered from manufacturers cars..Shipments by manufacturers —
Total cars..Domestic . . . cars..
Building in railroad shops,end of month cars
Passenger cars:Ordered from manufacturers cars..Shipments by manufacturers —
Total cars..Domestic. . cars.
Passenger^Travel
National parks:Visitors numberAutomobiles entered . number
Arrivals from abroad:Immigrants.. _ . numberUnited States citizens. . . .number. .
Departures abroad:Emigrants. . _ numberUnited States citizens . number.
Passports issued number
1926
July
404172114
5,245280134939335365
1,2741,919
408, 64597,787
556, 515395,294116, 89541,705
7,3765,6893,336
63, 2022,6038,71813.917123714
123
132
8220
300
555
44536
512320
2,348,508211,642165, 756
7.210,9049,3861,256
9,2879,185
6,233
68
222222
455,20486, 779
22,28325,981
7,05260,22314.007
August
None.None.None.
4,418228117810282310
1,0611,609
428, 62898,913
578,823399,330133,00843,724
7,6535,6193,542
63, 1072,6059,03114.415224784
67
124
7816
237
525
45526
281644
2,349,100211,875161,396
7.010,2929,716
164
8,3578,308
6,003
1
187187
434, 60377,004
29, 28652,683
7,37642,2489,936
Septem-ber
542403100
4,552202147848282301
1,0651,708
444, 14292,648
589, 961397, 860145,49244,328
7,6465,6123,399
63, 0402,6118,88914.222427831
100
134
10913
57
498
38624
771112
2, 348, 933212,086149, 078
6.57,7048,0642,564
5,6065,560
5,350
131
178163
212,38750,383
35,29771,263
6,63426,2688,747
October
1,945460
1,360
6,006266201
1,197361339
1,3842,259
471,47882, 082
609,045414,902146, 12548,273
6,7786,0962,997
62, 8292,6108,65413.917539030
72
151
12415
12
390
28620
711318
2,345,392211,988139,484
6.18,380
11,9442,891
5,3114,388
4,438
32
197197
55,54316, 936
34,52834, 176
5,37718, 1507,896
Novem-ber
57925
516
4,272181138990263127
1,0461,524
62, 6722,6119,32015.0354512215
57
128
10915
31
517
39127
84155
2,342,000
137,4206.0
5,2978,7442,732
2,4332,376
4,616
215
145114
8,434
1925
October
2,957153495
5,537232212997352247
1,3552,142
450, 62986,528
591,533410,447138,03344,054
6,8185,8413,039
64, 1422,595
10,23016.1150266199
33
93
4721
241
530
38640
921256
2,359,124210, 922165,481
7.15,0979,6165,556
2,8492,492
7,189
134
6666
36, 5242,462
28,68535,413
7,67424,2278.012
Novem-ber
357104200
4,094195140799265131
1,0371,526
402,41181,095
532,827384, 514106, 94340, 786
6,0525,4922,742
63,8692,589
10,72516.9112394101
32
106
528
460
585
43546
644038
2,353,454200,590165, 818
7.24,2999,948
13, 598
3,3652,649
7,123
87
5656
37,0833,865
26,64223,118
6, 55518,0397,776
PER CENT IN-CREASE (+) OBDECREASE (— )
Nov.,1926,fromOct.,1926
-70.2-94.6-62.1
-28.9-32.0-31.3-17.3-27.1-62.5-24.4-32.5
-0.20.0
+7.7+7.9
+102. 3+31.3
+616. 7
-20.8
-15.2
-12.10.0
-75.0
+32.6
+36.7+35.0
+18.3+15.4
72.2
-0.1
-1.5-1.6
-36.8-26.8-5.5
-54.2-45.9
+4.0
+571.9
-26.4-42.1
+6.8
Nov.,1926,fromNov.,1925
+62.2-76.0
+158.0
+4.3-7.2-1.4
+23.9-0.8-3.1+0.9-0.1
—1.9+0.8
-13.1-11.2
+216. 1+29.9
+112. 9
+78.1
+20.8
+109. 6+87.5
-93.5
-11.6
-10.1-41.3
+31.3—62.5-86.8
-0.5
-17.1-16.7+23.2-12.1-79.9
-27.7-10.3
-35.2
+147. 1
+158.9+103.6
+8.5
CUMULATIVE TOTALFROM JANUARY 1THROUGH NOVEM-BER 30
1925
47, 5242,1001,5048,7723,4791,965
12,21617,487
3,772,4114 883, 246
5, 131, 6263,810,269
4 836, 522^377,490
4 67, 4654 52, 236* 29, 915
1,6042,626
784
1,112
687126
26336
325
121,374106,40066,549
73, 74470,032
1,068
790748
4242,9944 325, 460
466,2944 305, 521
163,927
1926
49,5302,2221,4829,6723,4202,146
12,47018, 117
3, 993, 7184 876, 114
5,362,9463, 906, 8841,036,780
4 405, 181
469,379456,425430,500
2,1932,8291,143
1,565
1,205160
15446
236
92,35094,10750,458
77,44475,205
1,307
2,0421,946
4281,7344 333, 554
4 56, 8394 330, 139
167, 602
Per ct.in*
crease
^or de-crease(-)
cumu-lative
1926from1925
+4.2+5.8-1.5
+10.3-1.7+9.2+2.1+3.6
+5.9-0.8+4.5+2.5
+23.9+7.3
+2.8+8.0+1.9
+36.7+7.7
+45.8
+40.7
+75.4+27.0
-41.4+27.8
-27.4
-23.9-11.6-24.2
+5.0+7.4
+22.4
+158.5+160. 2
+15.9+2.5
-14.3+8.1+2.2
4 Ten months' cumulative, ending Oct. 31.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
43
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives shown are throughNovember except where otherwisenoted. Earlier data for items shownhere may be found on pages 22 to 151of the August, 1926, "Survey"
PUBLIC UTILITIES
Telephone companies:Operating revenues thous. of dolls..Operating income thous. of dolls..
Telegraph companies:tv Commercial telegraph tolls.thous. of dolls..
Operating revenue thous . of dolls. .*"* Operating income thous. of dolls..Gas and electric companies:
Gross earnings thous. of dolls..Net earnings . thous . of dolls ..
Electric railways (212 companies) :Passengers carried .thous. of persons..
Electric power production:Total mills, of kw. hours..By water power mills, of kw. hours..By fuels mills, of kw. hours..In street railways, manufacturing
plants, etc... ._ .mills, of kw. hours..In central stations mills, of kw. hours. .Gross revenue sales thous. of dolls..
EMPLOYMENT AND WAGES
Employment in factories:New York State thousands. .Detroit thousands..New Jersey (rel. to 1923) ...index number..Pennsylvania (rel. to 1923). .index number..Delaware (rel. to 1923) index number..Wisconsin (rel. to 1915) index number-Illinois (rel. to 1922) index number..Massachusetts (rel. to 1914) .index number..
Total pay roll:New York State . . thous. of dolls..Wisconsin (rel. to 1915) index number..New Jersey (rel. to 1923) ...index number-Pennsylvania (rel. to 1923) .index number. .Delaware (rel. to 1923) index number..Ohio construction employees
(rel. to 1923) index number..Federal civilian employees, Wash-* ington, D. C., end of month number..Average weekly earnings (State reports):
New York State dolls..Illinois (rel. to 1922) index number —Wisconsin (rel. to 1915) index unmber..Massachusetts (rel. to!914). index number..New Jersey (rel. to 1923) .. .index number..Pennsylvania (rel. to 1923). .index number-Delaware (rel. to 1923) index number..
Average weekly earnings (National IndustrialConference Board):
Grand total (both sexes) dollars..Total male dollars..Skilled male dollars..Unskilled male - dollars .Total women dollars..
Average weekly hours:Nominal (both sexes) hours..Actual (both sexes) hours-
Wages of common labor, by geographic divisions:New England cents per hourMiddle Atlantic cents per hourSouth Atlantic cents per hour..East South Central . cents per hourWest South Central cents per hourEast North Central . cents per hour..West North Central cents per hourMountain cents per hour. _Pacific . ..cents per hourUnited States, average cents per hour..
Wage rates, U. S. Steel Corp... cents per hour-Wages, steel workers, Youngstown
district per cent of baseApplicants per 100 jobs, employment agencies:
United States, average number..Eastern States number.Central States numberSouthern States number..Western States . number..
Factory Labor Turnover*
(Percentages of number on pay roll)
Separations:Total .. . ..percent..Voluntary quits per centDischarges . per centLayoffs.. .. . percent..
Accessions (including employment and re-hires) . . . percent.
• Revised < Ten mon
1926
July
60, 11913, 261
10,82213,3861,662
95, 00727,729
764,509
35,9142,0013,916
35535,559
127, 100
486233899280
125.8101.182.2
13, 995270. 6
968484
108
60,435
28.81113.2219.8178.5
1069999
26.7829.2130.7623.6717.29
49.647.6
4847272526373746523950
133.0
12012813910778
4.83.30.70.8
4.7ths* cumu
August
60,09713, 713
11, 10913, 6632,351
93,87325,909
749, 592
s 6, 1453 2, 0833 4, 057
3683 5, 777
129,200
489239909381
125.9100.785.8
14, 103282.0
988785
108
60, 270
28.86115.9228.8180.9
10710199
26.7629.3930.9123.8116.91
49.647.5
4847332428373642523950
133.0
1061181288162
4.63.40.70.5
5.2ative, end
Septem-ber
62,00914,848
11, 65414, 3382,255
97, 63632,087
742, 932
36,17632,0563 4, 121
3543 5, 822
135,500
500234979581
123.9102.989.0
14,664278.0
1068987
113
59, 849
29.31113.2229.3181.0
107101101
27.3829.8331.3924.0317.34
49.648.4
4947392526373644523950
133.0
1001051188558
5.24.10.80.3
6.8
ing Oct. 31
October
62,64115,920
12,20513, 9981,678
807,261
6,5592,1594,400
3806,179
506220979677
126.0102.489.8
14,853285.5
1109486
100
29.35117.5241.2180.1
110106105
27.4329.7931.2624.2817.64
49.848.6
4947272529393642523950
133.0
1041121227265
4.03.00.60.4
5.3
Novem-ber
791,386
500206979576
14, 564
1099187
92
29.15
109103107
49493125
^ 28403743523950
133.0
3.12.00.40.7
3.2
<See
1925
October
57,92515,034
11, 67814,4082,342
100,02933,053
811,236
5,9481,8014,147
3985,550
128,800
510267929278
123.398.692.2
14, 559297.6
959082
118
62,039
28.57115.3241.0189.9
103101102
27.1229.5131.2023.6617.13
50.048.3
4646252528363746533850
127.0
1441131449359
Novem-ber
56,82614,327
10, 39512,8101,660
101, 15435, 152
779, 691
5,7871,9463,841
3955,392
139,300
513264939278
122.699.393.1
14, 700288.1
968884
102
61, 753
28.67115.2234.7187.8
10399
104
27.1329.4331.0823.7917.15
49.748.5
4645272529363746523850
127.0
12711914911966
table on p. 10 of the (
PEE CENT IN-CREASE (+) OEDECREASE (— )
Nov.,1926,fromOct.,1926
-98.0
-1.2-6.4
0.0-1.0-1.3
-1.9
-0.9-3.2+1.2
-8.0
-0.7
-0.9-2.8+1.9
0.0+4.3
+14.80.0
-3.4+2.6+2.8+2.4
0.00.00.0
0.0
—22.5—33.3-33.3+75.0
-39.6October,
Nov.,1926,fromNov.,1925
+1.5
-2.5-22.0+4.3+3.3-2.6
-0.9
+13.5+3.4+3.6
-9.8
+1.7
+5.8+4.0+2.9
+6.5+8.9
+14.80.0
-3.4+11.1
0.0-6.5
0.0+2.6
0.0
+4.7
CUMULATIVE TOTALFEOM JANUARY 1THROUGH NOVEM-BER 30
1925
4536,0064 140, 691
4102,033U25,414
4 18, 237
8, 576, 806
4 53, 709U8,414
35,295
4 3, 878449,831
1926
4598,6674 142, 519
4 109, 5974133,862
4 17, 929
8, 657, 648
4 60, 126421,2854 38, 848
4 3, 8524 56, 274
Per ct.in-
crease(+)
or de-crease(-)
cumu-lative1926
from1925
+11.7+1.3
+7.4+6.7-1.1
+0.9
+11.9+15.6+10.1
-0.7+12.9
1926, issue for earlier data.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
44
TREND OF BUSINESS MOVEMENTS—Continued
The"^ cumulatives shown are throughNovember except where otherwisenoted. Earlier data for items shownhere may be found on pages 22 to 151of the August, 1926, "Survey"
DISTRIBUTION MOVEMENT
Retail Sales
Mail-order houses:Total sales, 4 houses thous. of dolls..Total sales, 2 houses thous. of dolls __Sears, Roebuck & Co thous. of dollsMontgomery Ward & Co.. thous. of dolls. _
Ten-cent chain stores:Total sales (4 chains) thous. of dolls..Total stores operated(4 chains). ..number..F. W. Woolworth & Co thous. of dolls..
Stores operated numberS. S. Kresge Co thous. of dolls..
Stores operated numberMcCrory Stores Corp thous. of dolls..
Stores operated numberS. H. Kress & Co thous of dolls
Stores operated numberMetropolitan thous. of dolls..
Stores operated numberF. and W. Grand _thous. of dolls..
Stores operated numberChain stores:
Groceries-Sales thous. of dolls..Stores operated number
Drug-Sales thous. of dolls..Stores operated number
Cigar-Sales. thous. of dolls..Stores operated number
Shoe-Sales thous. of dollsStores operated number
Music-Sales. thous. of dolls. .Stores operated number
Sales thous. of dolls..Stores operated number
Restaurant chains:Total sales (3 chains) thous. of dolls
Childs Co., sales -thous. of dolls..Waldorf System (Inc.),
sales _ thous. of dolls..Thompson sales thous. of dolls .
Other chain stores:J. C. Penny Co thous. of dolls
Stores operated numberUnited Cigar Stores Co _. -thous. of dolls _ _
Stores operated numberA. Schulte (Inc.) thous. of dolls
Stores operated numberOwl Drug Co thous. of dolls
Stores operated .number..
Advertising
Magazine advertising-. . _. thous. of lines _ _Newspaper advertising thous. of lines..National advertising in newspapers:
Total thous. of linesAutomobile advertising thous. of lines..Automobile accessories thous. of lines..Cigars, cigarettes and
tobacco thous of linesFinancial. thous. of lines..Food, grocercies, beverages.thous. of lines. .Hotels and resorts thous of linesHousehold furniture thous of linesMen's clothing ..thous. of lines..!Musical instruments thous of linesRadio and electrical thous. of lines..Railroads and steamships. -thous. of lines..Shoes _ thous. of lines . _Toilet articles and medical
preparations thous of linesWomen 's wear .thous. of lines . .Miscellaneous thous of lines
Postal Business
Postal receipts, 50 selectedcities thous. of dolls _.
Postal receipts, 50 industrialcities thous. of dolls..
Money orders:Domestic paid (50 cities) —
Quantity numberValue thous of dolls
Domestic issued (50 cities) —Quantity numberVfllnR thnus. of dolls
1926
July
35, 67031, 99520,01111,984
34, 4362,142
19, 3951,4608,886
3322,459
1833,696
16783180
79040
88, 85625, 607
7,656631
9,2103,321
3,382561
97660
2,550276
4,2972,050
1,0761,171
8,327697
6,7833,0272,388
2851,441
91
1,83388, 052
26,3835,9042,086
2,447895
3,73072428118983
6852,442
53
3,75833
3,073
26, 783
3,073
9,86879, 733
2,97032. 154
August
35, 76332, 27219, 60512, 667
34, 0752,154
19, 0151,4658,713
3382,493
1843,854
16780180
70340
82, 97625, 793
7,548645
3 8, 7703,335
2,842563
1,09560
2,353275
4,4262,189
1,0841,153
8,083721
6,4723,0392,260
2871,403
91
1,68991, 763
26, 4268,2001,857
2,552505
2,9993852845768
8352,065
32
3,36944
3,174
26, 714
3,003
9,41777, 674
2,89231.517
Septem-ber
43, 74237, 90721, 64816, 259
35, 2022,172
19, 3391,4719,439
3452,543
1893,881
16787280
79940
3 85, 08225, 9233 7, 531
6523 9, 037
3,354
3,313566
1,24461
2,649274
4,6222,289
1,1621,171
10, 622735
6,5603,0592,442
2861,423
94
2,138104, 106
28, 8756,4111,867
2, 442741
3,229188799353191
1,6981,584
218
4,197186
4,771
29, 976
3,169
9,97283, 963
2,89531. 712
October
54, 74346, 99526, 84020, 155
42, 5062,191
24,8011,482
10, 535354
2,910187
4,260168
1,04881
1,02541
3 93, 6393 26, 1143 8, OV8
3 660
9,6073,389
3 3, 684a566
1,36662
2,754263
4,7482,310
1,1941,244
13, 247743
6,8783,0912,693
2891,597
95
2,626123,300
32,0986,0981,396
2,124784
3,983219
1,089458321
2,3671,665
228
6,345317
4,704
32, 860
3,421
11,44797, 263
3,20834, 551
Novem-ber
55, 80247, 86927, 99119,878
41, 2242,204
22, 5331,484
10, 957362
2,912189
4,822169
1,01081
95441
97, 27426, 311
7,739704
8,8623,424
3,501569
1,31862
2,818254
4,4912,181
1,1171,193
13, 334743
6,5173,1252,312
2911,347
94
2,703111,157
29, 9774,3381,352
2,875865
3,591281463377416
2,4802,060
223
6,464171
4,021
31, 868
3,223
1925
October
62, 21652,34030, 37521, 965
39, 7392,057
22, 9761,4209,992
2932,725
1794,046
16582969
84934
89, 21023, 655
7,015568
8,9693,165
3,823508
1,27257
2,606222
4,5432,246
1,1571,140
12,147644
6,6612,8882,257
2661,451
87
2,421120, 910
33,4155,6161,376
1,8381,0234,606
2911,15$
578232
2,0561,467
294
6,303422
5,038
* 32,489
3,352
12,00899, 240
3,15433. 041
Novem-ber
52, 78644, 61825, 82418, 794
36, 8862,066
20, 6771,4259,425
2932,673
1824,111
166794
6983836
76, 23023, 897
6,522589
8,0723,224
3,186516
1,25758
2,372231
4,2782,107
1,0771,094
9,853668
5,9922,9462,034
2671,252
87
2,506117, 365
30,6955,0231,041
2, 199906
4,183396591375353
2,4981,532
256
6,584232
4,525
29, 962
2,964
10, 91688, 548
3,06532. 016
PEE CENT IN-CREASE (+) ORDECREASE (— )
Nov.,1926,fromOct.,1926
+1.9+1.9+4.3-1.4
-3.0+0.6-9.1+0.1+4.0+2.3+0.1+1.1
+13.2+0.6-3.6
0.0+6.9
0.0
+3.9+0.8
-4.2+6.7
-7.8+1.0
-5.0+0.5
-3.50.0
+2.3-3.4
-5.4-5.6
-6.4-4.1
+0.70.0
-5.2+1.1
-14.1+0.7
-15.7—1.1
+2.9-9.8
-6.6-28.9-3.2
+35.4+10.3-9.8
+28.3-57.5-17.7+29.6+4.8
+23.7-2.2
+1.9-46.1-14.5
-3.0
-5.8
Nov.,1926,fromNov.,1925
+5.7+7.3+8.4+5.8
+11.8+6.7+9.0+4.1
+16.3 j+23.5 '+8.9 I+3.8
+17.3+1.8
+27.2+17.4+13.8+13.9
+27.6+10.1
+18.7+19.5
+9.8+6.2
+9.9+10.3
+4.9+6.9
+6.9+10.0
+5.0+3.5
+3.7+9.0
+35.3+11.2+8.8+6.1
+13.7+9.0+7.6+8.0
+7.9-5.3
-2.3-13.6+29.9
+30.7-4.5
-14.2-29.0-21.7+0.5
+17.8-0.7
+34.5-12.9
-1.8-26.3-11.1
+6.4
+8.7
i
CUMULATIVE TOTALFROM JANUARY 1THROUGH NOVEM-BER 30
1925
456, 777389, 128227,821161, 307
348, 196
199, 599
87,982
24, 236
37, 355
6,939
6,777
796, 062
70, 628
88, 309
34, 654
11, 269
25, 596
45, 51122,064
11, 66311,785
78,450
66,008
21, 708
14, 965
22, 8711, 112, 159
307, 319
32, 684
* 109, 8004 785, 471
4 30, 6544 305. 858
1926
479, 661418, 873242, 717176, 161
380, 394
212, 289
98, 367
27, 537
42, 201
8,867
8,672
962, 289
81, 921
96, 371
36, 389
11, 908
27, 648
49,06223,655
12, 28713, 120
99, 688
70, 767
25, 174
14, 985
24,8941, 154, 305
326, 89968,45316, 944
26,4999, 471
41, 9034,7576,8243,6191,986
14, 74421,9181,835
61,0621,756
44, 128
326, 976
34,950
4 107, 0804 845, 375
* 31, 1234 325. 641
Per ct.in-W
crease(t}
or de-crease(-)
cumu-lative1926from1925
+5.0+7.6+6.5+9.2
+9.2
+6.4
+11.8
+13.6
+13.0
+27.8
+28. 0
+20.9
+16.0
+9.1
+5.0
+5.7
+8.0
+7.8+7.2
+5.4+11.3
+27.1
+7.2
+16.0
-0.1
+8.8+3.8
+6.4
+6.9
-2.5+7.6
+1.5+6. 5
e Revised. 4 Ten months' cumulative, ending Oct. 31.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
45
TREND OF BUSINESS MOVEMENTS—Continued
The cumulativea shown are throughNovember except where otherwisenoted. Earlier data for items shownhere may be found on pages 22 to 151of the August, 1926, "Survey"
DISTRIBUTION MOVEMENT— Contd.
Wholesale Trade
Delinquent accounts, electrical trade:Amount dollars..Number of firms number
BANKING AND FINANCE
Life Insurance
(Association of Life Insurance Presidents)
Policies, new (45 companies) :Ordinary « number of policiesIndustrial number of policiesGroup number of contractsTotal number of policies and contracts..
Policies and certificates issued:Total policies and certificates number..Group insurance certificates.. .certificates..
Amount of new insurance (45 companies) :Ordinary thous. of dolls..Industrial thous. of dolls..Group ...thous. of dolls..Total insurance thous. of dolls..
Premium collections (45 companies) :Ordinary. thous. of dolls..Industrial thous. of dolls..Group thous. of dolls..Total thous. of dolls..
Admitted life insurance assets (41 companies):Grand total mills, of dolls..Mortgage loans —
Total mills, of dolls..Farm mills, of dolls..All other mills, of dolls..
Bonds and stocks (book values)—Total mills, of dolls..Government mills, of dolls..Railroad mills, of dolls..Public utilities mills, of dolls..Allother mills of dolls
Policy loans and premiumnotes mills, of dolls..
Other admitted assets.. .. mills, of dolls
(Life Insurance Sales Research Bureau)
Sales of ordinary life insurance (81 companies):United States total thous of dolls
Eastern manuf. district.thous. of dolls..Western manuf. district.thous. of dolls..Western agric. district.. thous. of dolls..Southern district thous. of dolls..Far Western district... thous. of dolls..
Canada total, 15 companies. thous. of dolls..
Banking
Debits to individual accounts:New York City mills, of dolls. .Outside New York City mills, of dolls. _
Bank clearings (United States):New York City mills of dollsOutside New York City... .mills, of dolls..
Bank clearings (Canada) . mills, of dollsFederal reserve banks:
Bills discounted mills, of dolls .Notes in circulation mills, of dolls .Total investments - mills, of dollsTotal reserve mills, of dolls..Total deposits mills, of dollsReserve ratio . per cent
Federal reserve member banks:Total loans and discounts... mills, of dolls..Total investments mills of dollsNet demand deposits. mills, of dolls. _
Brokers' loans, end of month:To New York Stock
Exchange members thous. of dolls. .By New York F. R. member
banks thous. of dolls..Interest rates:
New York call loans.. per cent..Commercial paper 4-6 mos per cent..
Discount rate:N. Y. Fd. Res. Bk. 60-90 days.. .per cent-
Savings Deposits
New York State savingsbanks thous. of dolls..
1926
July
167, 6351,388
221, 69 /716, 607
149938,453
991, 36153,057
658, 562194, 31578, 125
931,002
133, 75542,6394,457
180, 851
9,969
4,2381,5722,666
3,899951
2,132705111
1, 184648
702, 129279,650153, 663110,37286, 75871,68640, 101
27,65923, 674
23, 82719. 1841,376
5211,671
5852,9992,26176.3
13, 9765,652
12, 846
2, 997, 760
2, 602, 042
4.433.95
3.50
3. 721. 746
August
165, 2131,367
198, 686719, 203
157918,046
958, 77140, 882
595,929199,07655, 632
850,637
117, 85143,4194,102
165,372
10,050
4,2901,5772,713
3,907948
2,137710112
1,194659
649,023241,260145,015107,43484,57270,73236,010
26, 23320,755
21, 67617, 4721,345
6201,703
5762,9662,28274.4
14, 1795,599
12,961
3, 142, 148
2,758,274
4.594.31
4.00
3. 729. 404
Septem-ber
186, 8921,419
184, 843714, 041
157899,041
946, 62747, 743
523,915197,27773,456
794,648
118,02340, 8273,783
162,633
10, 141
4,3351,5792,756
3,924948
2,148715113
1,202680
597,767222,265132,004104,36876, 90462,22634, 878
25, 61821, 311
21, 36017, 9661,320
7171,716
5812,9372,33072.6
14, 3955,634
13,003
3,218,937
2,812,971
4.904.43
4.00
3. 776. 911
October
144, 4581,211
219, 049822,459
1831, 041, 691
1,085,72144, 213
618,041226, 52362,353
906, 917
125, 68943, 9884,735
174, 412
10, 237
4,4051,5812,824
3,941937
2,15672,9119
1,210681
656,606262,334145, 635100,44681. 86566,32640, 226
28, 75523,754
24,33319, 7541,579
6321,731
6102,9542,28173.6
14, 3145,578
12, 918
3, 111, 177
2, 602, 196
4.754.50
4.00
3. 778. 155
Novem-ber
144,9851,241
221,45,870,324
1821, 091, 963
1, 162, 14470, 363
629, 860235, 691100,448965, 999
127,48945,2814,327
177,097
691, 520283,297153, 194102,89484,46267,67344, 251
25, 79021, 568
22, 25218, 2361,669
6451,772
6772,9562,32472.2
14, 3755,521
13, 033
3, 129, 162
2, 646, 653
4.594.44
4.00
3. 791. 144
1925
October
e
184, 0551,597
222,7641,199,183
1141,422,061
1,460,05638, 109
616, 725256, 70454,433
927, 862
130,04538,9514,841
173,837
9,209
3,7501,5152,235
3,7131,0352,005
567106
1,099647
668, 794258,615148,401107,38086, 52767, 87136, 259
28, 91624,008
25, 95220, 5541,647
5901,695
6602,8932,29772.5
13,9015,443
13, 082
4.904.40
3.50
3. 529. 169
Novem-ber
168, 7321,142
218, 240851,209
1721, 069, 621
i, 095, 92526, 476
586,877207, 980111,066905, 923
130, 92039,0744,940
174,934
9,292
3,7961,5182,278
3,7511,0482,015
580108
1,103642
637,023252,514136, 51799, 15581,49267,34536, 760
27,00921, 334
23, 47718, 5981,613
6251,732
7012,8612,29171.1
13, 9595,405
13, 025
4.754.38
3.50
3. 533. 841
PER CENT IN-CREASE (+) ORDECREASE (— )
Nov.,1926,fromOct.,1926
+0.4+2.5
+1.1+5.8-0.5+4.8
+7.0+59.1
+1.9+4.0
+61.1+6.5
+1.6+2.9-8.6+1.5
+5.3+8.0+5.2+2.4+3.2+2.0
+10.0
-10.3-9.2
-8.6-7.7+5.7
+2.1+2.4
+11.0+0.1+1.9-1.9
+0.4-1.0+0.9
+0 6
+1.7
-3.4-1.3
0.0
+0.3
Nov.,1926,fromNov.,1925
-14.1+8.7
+1.5+2.2+5.8+2.1
+6.0+165. 8
+7.3+13.3-9.6+6.6
-2.6+15.9-12.4+1.2
+8.6+12.2+12. 2+3.8+3.6+0.5
+20.4
-4.5+1.1
-12.7-1.9+3.5
+3.2+2.3-3.4+3.3+1.4+1.5
+3.0+2.1+0.1
-3.4+1.4
+14.3
+7.3
CUMULATIVE TOTALFROM JANUARY 1THROUGH NOVEM-BER 30
1925
2, 299, 2568, 827, 675
1,49911, 128, 430
11, 498, 035371, 104
6, 667, 6492, 135, 291
684, 5909,497,5SO
1, 343, 573404,40748,404
1,796,382
7,262,7502,913,0041,555,3451,153,329
907, 509730,554383,050
283, 059232, 357
256, 690198, 68514, 295
1926
2, 363, 3738, 548, 387
1,89510, 913, 655
11,449,763538, 003
6, 990, 9362,338,051
788, 15310, 117, 140
1,416,045463,35551,029
1,930,429
7,530,0543,002,0051,640,5781, 189, 132
944,979753,350424, 283
306, 479244, 471
263, 639204, 08115,306
Per ct.in-
crease<•#or de-
crease(-)
cumu-lative
1926from1925
+2.8-3.2
+26.4-1.9
-0.4+45.0
+4.8+9.5
+15.1+6.5
+5.4+14.6+5.4+7.5
+3.7+3.1+5.5+3.1+4.1+3.1
+10.8
+8.3+5.2
+2.7+2.7+7.1
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives shown are throughNovember except where otherwisenoted. Earlier data for items shownhere may be found on pages 22 to 151of the August, 1926, "Survey"
BANKING AND FINANCE— Continued
Public Finance
Government debt:Interest-bearing mills . of dolls _ .Total gross debt ...mills, of dolls..Short-term debt ..mills, of dolls. _
Customs receipts ...thous. of dolls..Total ordinary receipts _ _ thous. of dolls_.Expenditures chargeable to
ordinary receipts thous. of dolls..Money in circulation:
Total -- .mills, of dolls..Per capita dollars--
Business Failures
Liabilities (United States):Total commercial thous. of dolls..
Manufacturingestablishments thous. of dolls. .
Trade establishments, .thous. of dolls. .Agents and brokers thous. of dolls. .
Liabilities (Canada) .thous. of dolls. -Firms (United States):
Total commercial number. .Manufacturing
establishments numberTrade establishments number _Agents and brokers _ .number. _
Firms (Canada) number..
Dividcnd and Interest Payments
(For the following month)
Grand total thous. of dolls..Dividend payments:
Total thous. of dolls..Indus, and misc. corp.-thoust of dolls..Steam railroads thous. of dolls..Street railways thous. of dolls..
New Security Issues
Foreign governments thous. of dolls..Total corporation (Commercial and Financial
Chronicle) thous. of dolls. .Purpose of issue —
New capital . thous. of dolls..Refunding thous. of dolls _.
Kinds of issue —Stocks _ ^ _ thous. of dolls _.Bonds and notes thous. of dolls _.
Class of industry-Railroads . thous. of dolls. .Public utilities thous. of dolls..Industrials thous. of dolls. _Oil thous. of dolls..Land and buildings thous. of dolls. .Shipping and misc thous. of dolls..
Bond issues (Canada):Govt and provincial thous. of dolls _.Municipal.. thous. of dolls..Corporation thous. of dolls. .
Total corporation (Journal ofCommerce) thous. of dolls. .
States and municipalities:Permanent loans thous. of dolls..Temporary loans - - thous. of dolls _ _
New incorporations thous. of dolls-
Agricultural Finances
Loans outstanding, end mo.:Federal farm loan banks thous. of dolls..Joint-stock land banks thous. of dolls..Federal intermediate credit
banks thous. of dollsWar finance corporation thous. of dolls..
Stocks and Bonds
Stock prices, average daily closing:25 industrials, average dolls, per share..25 railroads, average dolls, per share..103 stocks, average dolls, per shareSouthern cotton mill
stocks dolls per shareStock sales:
N. Y. Stock Exchange thous. of dolls..B ond sales:
Miscellaneous thous. of dolls. .Liberty- Victory thous. of dolls..Total thous. of dolls..
1926
July
19, 35719, 6134,917
49, 352236,020
222, 095
4,85842.01
29, 680
11, 16714, 6143,8983,328
1,605
3961,122
87171
234, 635
87, 13547,95033,5005,685
12, 520
474, 383
414, 63559, 748
101, 036373, 348
40, 775211, 82991, 8016,500
82, 89340, 585
5,2504,950
48, 005
269, 140
90, 88451, 831
454, 865
1,048,275605, 718
71, 13910, 803
163.0193.77
112. 75
110. 58
36,732
221,92620,052
241, 978
August
19, 16619, 5344,841
51, 815192, 954
254, 802
4,86442.02
28, 130
12, 51614, 0961,5191,494
1,593
4491,071
73141
321, 542
72,80047, 05018,5006,250
34, 000
243, 450
176,15567, 295
46, 507196, 943
15, 08569, 43466, 03510, 50052, 62829, 618
1,05111, 949
154, 582
68, 85338, 055
505, 770
1,053,336610, 794
78, 08310, 504
172. 2296.14
115.64
110.33
44, 189
203,54311,906
215,449
Septem-ber
19, 21119, 4734,771
55, 596576, 528
290,465
4,90642.34
29,990
10, 09311, 2438,6541,298
1,437
374958105142
447, 500
106, 65068,30027, 05011,300
74,900
328, 705
283, 23145, 474
48, 327280, 379
61, 70645, 930
114, 938
48, 53757, 595
3,77151, 713
277, 210
135, 43654, 613
580,387
1,057,217614, 639
78,4909,629
172. 2699.43
114.48
110. 68
36,904
175,59414,060
189, 654
October
19, 16619,4204,726
60, 969192, 919
367, 595
4,93342.53
33, 231
11, 65015,8745,7072,486
1,763
4501,205
108188
330,900
78,60034, 70035, 7508,150
118, 000
350, 482
276, 70673, 776
58,490291, 993
12,190147, 31155, 11731, 21280, 14217, 260
6,0003,374
33,960
244, 842
105, 78942,075
901, 303
1,063,056619, 217
84, 6659,154
164.6394.93
111.61
110.67
40, 213
217,30215,870
233, 172
Novem-ber
19, 13719, 3894,697
52, 655176, 002
264, 250
4,94942.62
32, 694
16, 09714, 1582,4392,691
1,830
4401,285
105188
340, 681
79,05056, 45016,4256,175
24,240
595, 237
330, 694264, 543
203,909391,328
27, 821162, 32873, 058
230, 96851, 06849, 494
2,54012, 967
415
271, 579
60, 1514,567
552,787
1,068,596624, 230
87, 9778,421
171. 9597.43
115.32
110.79
31, 183
272, 13817,457
289,595
1925
October
20, 14120, 4076,184
52, 835202, 245
323, 432
4,90142.77
29, 544
11, 26413, 5304,7503,533
1,581
4081,111
62183
309, 500
73,70032,50033,9007,300
39, 650
371, 305
300, 99470,310
120, 932250,373
28, 952109, 59099, 9182,500
96, 62929, 714
1503,3858,328
278, 096
84, 77593,465
585,422
995, 207526, 042
73, 09722,275
173.5684.92
121.39
115. 89
53,423
258,97921, 528
280,507
Novem-ber
20, 13920, 4016,182
48, 276184,931
236,034
4,97243.35
35,922
13, 99418,9073,0222,352
1,672
4421,146
84167
323,348
75,99554,60015, 1805,215
138, 100
376, 240
365, 56510, 675
149, 938226, 302
6,320121, 44682, 75920, 75767, 29767, 426
2,2754,909
14, 425
251, 381
71, 52339, 827
1, 241, 594
999, 415534, 134
77,30019, 843
177.2688.56
120. 05
118.27
48,981
218,99923,011
242,010
PER CENT IN-CREASE (+) ORDECREASE (— )
Nov.,1926,fromOct.,1926
-0.2-0.2-0.6
-13.6-8.8
-28.1
+0.3+0.2
-1.6
+38.2-10.8-57.3+8.2
+3.8
-2.2+6.6-2.8
0.0
+3.0
+0.6+62.7-54.1-24.2
-79.5
+69.8
+19.5+258. 6
+248. 6+34.0
+128.2+10.2+32.6
+640. 0-36.3
+186. 8
-57.7+284.3-98.8
+10.9
-43.1-89.1-38.7
+0.5+0.8
+3.9-8.0
+4.4+2.6+3.3
+0.1
-22.5
+25.2+10.0+24.2
Nov.,1926,fromNov.,1925
-5.0-5.0
-24.0+9.1-4.8
+12.0
-0.5-1.7
-9.0
+15.0-25.1-19.3+14.4
+9.4
-0.5+12.1+25.0+12.6
+5.4
+4.0+3.4+8.2
+18.4
-82.4
+58.2
-9.5
+36.0+72.9
+340. 2+33.7-11.7
-24.1-26.6
+11.6+164.1-97.1
+8.0
-15.9-88.5-55.5
+6.9+16.9
+13.8-57.6
-3.0+10.0-3.9
-6.3
-36.3
+24.3-24.1+19.7
CUMULATIVE TOTALFROM JANUARY 1THROUGH NOVEM-BER 30
1925
524, 6043,224,545
3, 166, 134
407, 216
154, 754194,73457,72932, 722
19,336
4,60013, 854
8821,902
4,085,908
1,070,875596,050315,01593, 340
645, 381
4, 219, 752
3, 325, 822593,922
1, 159, 0533, C70, 698
479, 7291, 542, 889
828, 304262, 039690, 573366, 471
245, 26745,721
145, 720
3, 268, 031
1, 238, 431724,330
8, 860, 655
409,336
2,848,512317, 128
3, 165, 640
1926
557, 1963, 427, 495
3, 200, 110
363, 623
141, 284180, 76641, 57525, 324
19,704
4,90113, 7971,0061,900
4,333,435
1, 120, 110629, 485330, 340101, 870
466, 632
3, 870, 250
4, 103, 775866, 476
1, 222, 8053,647,445
379, 4131, 837, 7941,088,626
449, 717670, 175501, 304
175, 93358, 197
260, 297
3, 387, 343
1,146,177583, 748
10, 095, 550
407,213
2, 565, 719230,326
2, 796, 054
Per ct.in-
crease(t>or de-
crease(-)
cumu-lative
1926from1925
+6.2+6.3
+1.1
-10.7
-8.7-7.2
-28.0-22.6
+1.9
+6.5-0.4
+14.1-0.1
+6.1
+4.4+3.6+4.9+9.1
-27.7
-8.3
+23.4+45.9
+5.5+18.8
-20.9+19.1+31.4+71.6-3.0
+36.8
-28.3+27.3+78.6
+3.7
-7.4-19.4+13.9
-0.5
-9.9-27.4-11.7
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
47
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives shown are throughNovember except where otherwisenoted. Earlier data for items shownhere may be found on pages 22 to 151of the August, 1926, "Survey"
BANKING AND FINANCE— Continued
Stocks and Bonds— Continued
Bond prices:Highest-grade rails. p. ct. of par, 4% bond..Second-grade rails.. p. ct. of par, 4% bond..Public utility p. ct. of par, 4% bond_.Industrial.. p. ct. of par, 4% bond--Comb, price index..p. ct. of par, 4% bond..
( For 1st of following month)
5 Liberty bonds p. ct. of par__16 foreign governments and
city __ p. ct. of par..Comb, price index, 66 bonds.-p. ct. of par--
Municipal bond yield ... per centLong-term real estate bonds issued:
Grand total thous. of dolls. -Purpose of issue-
Finance construction . -thous. of dolls. .Real estate mortgate.. -thous. of dolls..Acquisitions and
improvements thous. of dolls. _Kind of structure-
Office and othercommercial thous. of dolls
Hotels thous. of dolls. .Apartments thous. of dolls. .
GOLD AND SILVERGold:
Domestic receipts at mint fine ounces _.Rand output thous. of ouncesImports thous. of dollsExports thous. of dolls
SUver:Production thous. of fine ozImports thous. of dolls..Exports thous. of dolls. .Price at New York dolls, per fine oz._
FOREIGN EXCHANGE RATES
Europe:England . dolls, per £ sterlingFrance dolls, per franc..Italy dolls, per lire..BfilgiiiTn dnlls, pp.f frfliiCNetherlands dolls, per guilder. .Sweden dolls, per krone--Switzerland dolls, per franc..
Asia:Japan dolls, per yen..India. _ dolls, per rupee
Americas:Canada. .. dolls, per Canadian dollArgentina dolls, per gold pesoBrazil dolls, per milreis..Chile dolls, per paper peso
U. S. FOREIGN TRADE
ImportsGrand total .thous. of dollsBy grand divisions:
Europe-Total thous. of dolls..France thous. of dollsGermany thous. of dollsItaly . thous. of dollsUnited 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 dollsBy class of commodities:
Crude materials . thous. of dollsFoodstuffs, crude, and
food animals thous. of dollsManufactured foodstuffs... thous. of dolls..Semimanufactures .thous. of dolls..Finished manufactures thous. of dolls..
1926
July
89.1181.5375.1477.7980.56
102. 74
103.4099.154.11
69, 408
43, 66018, 125
3,138
22,64029,3458,850
82,696860
19, 8205,069
4,6735,9497,921.648
4.86.025.034.024.402.268.194
.471
.363
1.001.921.156.121
339,233
95,23810,19315,4166,735
27,344
78, 89439,880
41,0565,092
117,32435, 5326,721
131,215
42,20929,31265, 77570, 721
August
89.2381.2074.7878.0980.48
102. 56
103.6199.084.12
48, 220
18, 84518, 760
8,000
8,9158,9607,070
97,426844
11, 97929,743
5,2705,9888,041.624
4.86.028.033.028.401.268.193
.478
.364
1.001.920.154.121
336,605
105,99312,06918, 3117,084
27,346
79,79838,902
44, 8584,835
101,08937,3874,867
124,399
42,08130,55063,98770,588
Septem-ber
89.3681.2374.6777.8280.42
102. 27
103. 6499.014.16
42, 606
27, 7007,021
2,385
21,3501,6304,270
111, 657840
15, 93323, 081
4,8607.2047;238.606
4.85.029.037.027.401.268.193
.484
.363
1.001.922.152.121
343,479
108,93014,44417,2998,451
29,791
77,96740,432
42, 1395,722
110,32237,8394,120
135,131
39,10832,58862, 77973,873
October
89.5281.3374.2977.5980.31
102. 62
103. 8099.414.16
67, 545
24, 01519, 160
14, 300
14, 1055,175
11, 320
108, 741853
8,8571,156
5,0145,0837,279.545
4.85.029.041.028.400.267.193
.487
.362
1.001.928.140.121
378,350
118,90717, 34317,75010,28633, 637
92,80045,787
50,3817,765
112, 72039,9123,542
134,783
50,42040,65964,72687,762
Novem-ber
90.4382.2775.6078.6081.36
102.88
103.9299.744.14
40, 330
30, 3754,845
4,110
23, 9106,2355,945
104, 230840
16, 7387,727
4,9203,9146,794.541
4.85.034.042
.400
.267
.193
.491
.360
1.001.924.130.121
376,000
141, 138
49, 61139, 62065,89777,776
1925
October
86.0676.7870.5275.1776.73
106. 92
102.7597.464.26
90,839
39, 88031,753
11,640
37, 5158,3935,130
128, 030813
50, 74128, 039
4,6445,6028,783.711
4.84.044.040.045.402.268.193
.410
.366
1.001.934.148.121
374,074
115, 69215,46915, 7039,678
37,733
81,95047, 121
38,9854,003
133,94139,0793,506
3153,702
8 44, 2778 33, 1938 65, 669877,233
Novem-ber
86.2277.7370.6575.4677.12
102.02
101. 4197.534.22
65, 647
45, 2409,620
10,375
27, 09012, 79510, 165
102, 641788
10, 45624, 360
4,8984,0498,118.692
4.85.040.040.045.402.268.193
.423
.366
1.001.944.146.122
376,638
118, 23114,49215,7289,323
42,342
75,86843,233
43,3196,714
131,45937, 2427,788
168,084
46,41329,34162,08370,500
PEE CENT IN-CREASE (+) ORDECREASE (— )
Nov.,1926,fromOct.,1926
+1.0+1.2+1.8+1.3+1.3
+0.3
+0.1+0.3-0.5
-40.3
+26.5-74.7
-71.3
+69.5+20.5-47.5
-4.1-1.5
+89.0+568. 4
-1.9-23.0-6.7-0.7
0.0+17.2+2.4
0.00.00.0
+0.8-0.6
0.0-0.4-7.1
0.0
-0.6
+4.7
-1.6-2.6+1.8
-12.0
Nov.,1926,fromNov.,
, 1925
+4.9+5.8+7.0+4.2+5.5
+0.8
+2.5+2.3-1.9
-38.6
-32.9-49.6
-60.4
-11.7—51.3-41.5
+1.5+6.6
+60.1-68.3
+0.4-3.3
-16.3-21.8
0.0-15.0+5.0
-0.5-0.4
0.0
+16.1-1.6
0.0-2.1
-11.0-0.8
-0.2
+9.4
+4.8-11.6-5.5-8.7
CUMULATIVE TOTALFROM JANUARY 1THROUGH NOVEM-BER 30
1935
637, 748
365, 737143, 548
77, 393
243, 749106, 14184, 392
957, 8068.808
121,058256, 671
62, 44758, 849
. 91, 538
3,830,157
4 1,004, 5474 127, 6864 127, 165
4 83, 4304 333, 610
* 825, 8634 368, 8534 427, 671
* 66, 311
'1,121,072* 307, 738
4 74, 366
1,568,819
446,636404,657687,679722,158
1S26
588,696
320, 957119, 614
78, 180
239, 20198,98379, 456
936. 3739.125
196, 448108,512
55, 34465, 12586, 642
4,078,007
* 1,061, 581< 123, 904* 166, 327
* 79, 8254 316, 4094 845, 7124 393, 7904 476, 699
4 75, 5064 1,236, 014
4 325, 4114 82, 000
1,654,259
490,306385,844737,967803,248
Per ct.in-
crease(+)or de-
crease(-)
cumu-lative1926
from1925
-7.7
—12.2-16.7
+1.0
-1.9-6.7-5.8
-2.2+3.6
+62.3-57.7
-11.4+10.7-5.3
+6.5
+5.7-3.0
+30.8-4.3-5.2
+2.4+6.8
+11.5+13.9
+10.3+5.7
+10.3
+5.4
+9.8-4.6+7.3
+11.28 Revised. 4 Ten months' cumulative, ending Oct. 31.
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48
TREND OF BUSINESS MOVEMENTS—Continued
The cumulatives shown are throughNovember except where otherwisenoted. Earlier data for items shownhere may be found on pages 22 to 151of the August, 1926, "Survey"
U. S. FOREIGN TRADE-Continued
Exports
Grand total, includingreexports thotis of dolls
By grand division: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 dollsArgentina.- thous. of dolls ._
Asia and Oceania-Total thous. of dolls .-Japan thous. of dolls..
Africa, total thous. of dolls__Total domestic exports only thous. of dolls..By classes of commodities:
Crude materials thous. of dollsFoodstuffs, crude, and
food animals thous. of dollsManufactured foodstuffs ... thous. of dolls. .Semimanufactures thous. of dollsFinished manufactures thous. of dolls. .
Agricultural exports (quantities) :All commodities index number--All commodities except
cotton index number. .
CANADIAN FOREIGN TRADE
Total trade:Imports . _ thous. of dolls ..Exports thous. of dolls. .
1926
July
368, 359
166, 12312, 76920, 39512, 20177, 446
101,91266, 101
37, 29911, 464
54, 40017,8058,625
360,494
72,093
33, 90835,41853, 145
165, 930
82
126
88,605111, 595
August
385, 621
186,96114, 89828, 84410, 81773,496
101, 64069, 118
34, 29011, 725
53, 65414,2569,076
379, 496
76, 677
49, 93242, 93653, 207
156, 744
104
171
89, 67091, 663
Septem-ber
448, 724
224, 18619, 00644,43711,31193, 642
102, 38965, 033
41, 56213, 247
71, 16021, 7549,427
440, 865
120, 607
46,48447,83955,450
170,485
140
176
85, 56393, 327
October
445, 955
235, 57829, 21447, 00414,94597, 631
102, 85568, 377
32, 95711, 060
75,41727, 7249,148
448, 883
167, 167
35, 65847, 52753, 544
144, 987
181
164
88, 127131,489
Novem-ber
481,000
473, 509
168, 602
37, 44045,00161, 618
168, 048
87, 657154, 009
1935
October
490, 567
282, 66934, 05156,48117,392
121, 393
96,48455, 798
31, 13212, 144
73,42133, 4426,861
482, 881
210, 314
19, 31251,47350, 737
151, 045
168
129
80,800144, 520
Novem-ber
447,013
237, 64429, 56039, 12016, 766
107, 247
93, 73953, 650
34, 99113, 230
72, 65429,8618,568
3 439, 657
3 173, 7233 19, 5853 46, 9723 49, 871
3 149, 606
149
124
75, 286141, 359
PER CENT IN-CREASE (+) ORDECREASE (— )
Nov.,1926,fromOct.,1926
+7.9
H-5.5
+0.9
+5.0-5.3
+15.1+15.9
-0.5+17.1
Nov.,1926,fromNov.,1925
+7.6
+7.7
-2.9
+91.2-4.2
+23.6+12.3
+16.4+8.9
CUMULATIVE TOTALFROM JANUARY 1THROUGH NOVEM-BER 30
1925
4, 440, 751
* 2, 119, 929< 222, 522' 395, 241* 170, 904« 811, 666
* 949, 784* 544, 801
* 324, 068< 118, 660
* 529, 330« 172, 518
< 70, 6274, 359, 558
1, 268, 741
296, 707521, 079605, 864
1, 667, 167
813, 2771, 106, 701
1926
4, 337, 104
< 1,814, 5854 207, 152< 272, 2164 126, 0124 756, 910
* 985, 5184 621, 958
* 357, 2104116,488
* 624, 4984 202, 869
4 83, 2934, 255, 573
1,101,467
308, 004455, 070593, 253
1,797,779
926, 5671, 143, 983
Per ct.in-
crease
(^or de-crease(-)
cumu-lative
1926from1925
-2.3
-14.4-6.9
-31.1-26.3-6.7
+3.8+14.2
+10.2-1.8
+18.0+17.6+17.9-2.4
-13. 2
+3.8-12.7-2.1+7.8
+13.9+3.4
3 Revised. 4 Ten months' cumulative, ending Oct. 31.
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PBLICATIONS OF THE
,f -" ^ ,tv Eecerit publications of the Pepartmenk of Commerce;'>,;;, \Btf8iNEsa arf-listed'below.v A complete list mayrbe q1^'4^ v ; C merce, at .Wa^hing^on? Copies of the publications may .. _ x_s ,.._.; \: Office, Washington, at the pric§ stated. If no price is .mentipped,
/DEPARTMENT OF^ COMMgECB
Fourteeaffr Annual Report of the Secretary ofiA^>:xii4,2^ pages/ Price, 2<$; ",
tenets of the STTBVET OF CURRENTBepartftaent of .Coin*
f tpqcume'nt&, QoVeriiment Printingf ree. , ,
•• ' • ; ; ••_ . ' ' BUREAU ' OF TfHE CENSUS; ',<^0f 4ni0rmation4ooncerBfeig plan of publication and distribution & eens
„/ ^ ' , V tipns* adsress the^Birector of the Census) , t • :
bulletins, , (xconcerning Jatms^and farm property^
, etc. New^Yorjc, ' &3
a r Critical
££8 pageja, 17
v©r the tern
ensus, byi, £riee
DOMESTIC
vH£eisi ol ;ex&0its vpf dfJai^ir. .Eart.J ..,,...,,.,_
f. and imports %%i$Lei,--• >«j.v?OU \«k <v«a>'JtJM*J»Wvj''*' v«.v*Jl-%>>«'»'*\i^;:jt*»vA«, w-i-tvvJfJ-viAJ^Wj M«JV«, Aii».^y\_/A v** Kjr^r ««.. v*wg.«i3
^f-ifsf October, 102£ an<fl^%: and for ID jtfioBttis ended^5c&$>%-: * , *; 4^5 >:it3!9\, 1 §2& ^arl^ 11 f contains summaries ,o f ^port and
s;- 3W&ft%t4fe^
|i&rapll€t>
import and'awali,, and |*o»
" suBscripMon;^ i es, 1f*hm is
-rend^ed. b^ ðeMarket _. t^ .
of Per^aiig^ i)|istribatioa by Si ^^TJand IJ^E.^Way. n^f-i? page>* Itoce^^
r Jeannette M. Calvin.,
**$$&& & brief ^ceouptt epthfe' toy Industry $;nd^ te.de of ,;<^mii<a?iea of rtfee worMC _• Price, W$. * , ' , "
4 IftteisatioBtal .Traded 19 by J. J. Krai. Trade-tioi^BiillBtiii" Ni),' 446, 11 -f-^T pages, :Priee, iOf., , • - =
Schedule ^> StatisUcal qia^sificaaon c f B«ai0smodities JEIxporte^ "from the Waited States, t and Regulations
ag^ Statistical ,B&tiirp& t>f Exports of ifemesticee%4^tmarr4^
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No. 4. Asphalt, ^ii+11 page^Y " , > . . - . .No, 5,3. Steel Spiral Bods ,(f<»^ Concrete BeinforcemenitX :
,. 54. Sterling Silver.
Portal]Jje.K^^p Dlrwtioil
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toif h^r publication coi^r^ items .describing tte -lAd^R^ :
for $%{p^^fra|felJQf material 'Jar the* use of Gxrr-^s circulars of th£ -Bureau of
number may /be-- >
m g j r a o m . . i -• x -,1 for Use Aroua4 Elec^cal Apparatus or Circuits| )60 yolts to Grojmd, "4 pages. - A- "
^ 4 pages.
. B. POW.—BulMM"dealk^wtth the cause, and
i petroleum. " A: biblfog-
ted States,, orm o
leasedat
C: Fieldcer:; 1 plate *.:
:Pai>^ B97;iiireport on aff t
ressureplates,
tion,st furnace
NAVIGATIONNavigaitioa-to the
for fiscal year ended June 30^ 1926.
Fub-
Wetted States, 1 - 150 p'agos, 2^ This p^bliea^ion is, a part *>f
vessels^of TO^ United -States. -
t)JP FISHEftII%^
ye^r^ mdei l^ufie, SO, 1926,
byCulture at ^Carles.Sa .? J . -_ .illustratioiis, £ In ^fs fpubHcation
_ for-"a ^ terrapin^ fjajpiaj the? con* ,selection o| br^e^ing; stopk, care
tlnl*0d Sttt^e Secretary of 'pomineroe for fiscal
t 11 maps.
v . : ; V; :
Lighthouses to thefiscal yeat ended -June 30, M9JS6*" -*:, . , -. -v '- ' : ' •
c ^ $ 6 Mdner of Patbnifto'<e ^"^T ""^ *'•*- * _ x^'
" 1%" < "~ V" ^ ^
t^tutes Concerning Registration of Trade-
fTEAAaaual R ipervising Inspector General Steam-
~ t^; Secretary. " Commerce v f '- " v > ^Digitized for FRASER
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pjk c^> M M '£B ' v;'r=of Coi&iaeree^x
^4^1^^C^'^'5'^>' iV^fiV *'. ». ^'v. -*r v ^ : ' k"" v 'x *'"•'*' Y ->VS V" ^*/r - ' "'^ • " '"• ^V
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OF COMMERCECommerce
Solicitor
icensingn of aecV
^rts; ;fostfesag t .air, ki 1iefoaaBties| jteel disseinina-
eoB^a prdduets 1foB|i #duit-teade 4(S ! %et% and.throi^^e^uIa^, &$'&&
:
and
: T^NDA*l>S-x;r.
- ^f^Rl «t»l«8K Ult UU$kUCJtl2%.l.iS CfcliVl:-J*l \J\jVZSKKsiSy «*l-ltC ^#« Ml*^^»ViVU,.AZJl 4
^•ttBtt'jEBd'tf^pteat b^tes f^orta%,t@siflls-rf;t^i^[f[^?^fu^Kdaeatal1«elS^efi^^,r < C
^.fdr <3@*
Cx, v-" "n N-J-^.vit: " v -4(tticariba' "\ 1 *"Jil. - * *. ' "«••"-- in oo
*
htazards
^ - B^se rc^oii iieliiini and qperalabn olplanta producing it.Studies in ;t&e economics jwxd maf ketlng jof mii^rals and <«>lr
leefiofi-ef statistics on mineral resotircei and^mine accidents.^le^lss^ianatlon of results of teeimieal ^nd economic
researches ^ia bulletins, 1«ehni0al papers, mineral .recureiilfes, and miscellaneous publieatknas.
OF FISHERIES
,to
Commissionerand <^rfbaiioa of food fish and
pretint^he (Jeple^oa of the^fisherie^ iaTes|igation§sonservatioii. of fisfeery ^esojaraes; the develop-
uaent of ^on£plerdlal fialeries and agricultute? study of tf^harymei odB;" feoaprqy^ttetits in taeJehandismg ^nd 4<dle^Moa offeherjr f f a^sMcij[ admiiiistTaiacm"^ ot Alaska fisheries and farseala; and the protection of sponges off the ©dast of Slorida,
Maintenance of JightEouses aad othettion. Estat>3ishment and maiiitenance
\ ;JL P0i!NjbM, ComtnissioBer " . :
to prater naviga-
light Bists,. Buoy List?, and :p$foes to Mari-ar<fisg these, d« to navigation.
IC^AST AND <JEOBEflG
^^tey ©f:^£^ coasts of the United feites and publication dfcharts for^ilie^nam^tion t>f.41e swiiaee t ^waters, iiicludingMa&a,-tlie Jhfiippine Inlands, Hawaii, Borto Bieo, thV Vlr^ii
" S tte (^nal^one; interior, ebntrol «uTvey45; mag-j 1 e and curr^it observations; and
tfeniof results through eharts,special pubHcatlonsi
OF NAVIGATION, Commissioner.
,^de tables,
of .registering, enrolling:, HcenWSr, numbering,si un(fep,the IJnited ^ates flag, aad the annuft
, a list of such vessels. .-- *: Enforcement of : ihe aayigatiofi and v steamboat inspection
s, fines, ionn%b ta^es, etc. .
INSPECTION SERVICEteegipssi? N.^oovBBjSu^vimaglasj^etQr Gjefieral
, 3$fe in^ecti&ti ojf merchant vessels, !acludisg: boilers, hulls,and life-saving equipment, Mgeasiag^of officers of vessels, certi-fication of able seamen and lifeboat men, and the investigationof yiolaU^s of steamboat inspeetion fewa, ^ V ' - .
: llUliED SPATES PATENT 0FKLCE
^ 3Sie^antlnf of pi^nts and!the,Tegisti:atioa of trade-marks,^prmts; aind Jabefa afte? technieal exananatioii ana judicial pro-ceedings. v ;
;. MitetfinaBc0;0f library 3«dth^ pubUc search rooni^ containingcopef ol foreign *&& IJhited States patents lad tr^dermarks,Recording bills of sale, assignments, etc., relating to patents
l£nd trade-marks. ^ Furnishing copies ol records ^rtainiag 4c-patea^. .: ^ ~ ' _ , " C - .^^ ^ - i - .- ,-; 'i FutKca^oa 6f t^ie weekly Official Gazette, sMwing the pat-ents and trade-marks issued. ~ - /- - -r - RAMO
W. p* BBBM*, Chief -;" v !.stations oa s^ps; inspection of ra^b &$a-
tions on shorer including broadcasting stations; licenaing radi(statioa
,7 — -^ .-and settficg international radio accounts.
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