UNITED STATESDEPARTMENT OF COMMERCE

WASHINGTON

SURVEY OFCURRENT BUSINESS

JUNE, 1926No. 58

COMPILED BY' <i ^

BUREAU OF THE CENSUSBURJBAU OF FOREIGN AND DOMESTIC COMMERCE

BUREAU OF STANDARDS

IMPORTANT If OTICEIn addition to figures given from Government sources, there are also incorporated for completeness ofservice figures from other sources generally accepted by the trades, the authority and responsibility

for which are noted in the "Sources of Data" on pages 159-155 of ike February, 1926, issue

miill

11'SW,,If.i

Subscription price of the SURVEY OF CURRENT BUSINESS is $1.50 a year; single copies (monthly), 10 cents; semiannualissues, 25 cents. Foreign subscriptions, $2,25; single copies (monthly issues), including postage, 14 cents; semiannualissues, 36 cents. Subscription price of COMMERCE REPORTS is $4 a year; with the SURVBY, £5.50 t year. Makeremittances only to Superintendent of Documents, Washington, D, C., by postal money order, express order, or Hew

York draft Currency at sender's risk. Postage stamps or foreign money not accepted.

WASHINGTON : GOVERNMENT P.RINTINQ OFFICE ! 1986

I

INTRODUCTIONTHE SURVEY OF CURRENT BUSINESS is designed to

present each month a picture of the business situationoy setting forth the principal facts regarding the vari-ous lines of trade ana industry. At semiannual inter-vals detailed tables are published giving, for each item,monthly figures for the past two years and yearly com-parisons, 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 February, 1926, No. 54). 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 a,nd that to be of 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 precedingw0@k. The information Contained in these leaflets isalso reprinted in "Commerce Reports/' issued weeklyby the Bureau of Foreign and Domestic Commerce.The mqnthly bulletin is distributed as quickly as itcan be completed and printed.

BASIC DATA

The figures Reported in the accompanying tables arevery largely (those already in existence. The chieffunction of the department is to bring together thesedata which, if available at all, are scattered in hun-dreds of different publications. A portion of thesedata are collected by Government departments, otherfigures are compiled by technical journals, and stillotners are reported by trade associations.

RELATIVE NUMBERS

To facilitate Comparison between different items andtender the trend of a movement more apparent, rela-tive numbers (often called "index numbers," a termreferring more particularly to a special kind 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 in some instances a five-year aver-age, 1909 -1913. 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. H the movement for a current month is greaterthan the base, the relative number will be greater than100, and vice versa. The difference between 100 andthe relative number will give at once the per centincrease or decrease compared with the base period.

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 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 107 to127 of the February, 1926, number, thus allowing easycomparison on a pre-war base for all items for whicnrelatives could be computed.

INDEX NUMBERS

When two or more series of relative numbers arecombined by a system of weightings the resultingseries is denominated an inde^s: 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 relativenumbet covers. Comparisons with the base year orwith other periods are made in the same manner as inthe case of relative numbers. •, ' •

RATIO CHARTS

In many instances the charts used in the SURVEYOF CURRENT BUSINESS are of the type termed ''RatioCharts" (logarithmic scale), notably the BusinessIndicator charts on page 2. These charts show thepercentage increase and allow direct comparisons be-tween the slope of one curve 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 onemonth, increases 10 per cent in the following month,its relative number will be 440, and on an ordinarych&rt 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 and 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 April and also items covering the early weeks ofMay, received up to May 24* (See charts and table, pp. 4 and 5.) As most data covering a particular month's bust"ness are not available until from IS to 30 days after the close of the month, a complete picture of that month's operationscannot be presented at an early date, but the advance leaflets give every week the latest data available*

UNITED STATES DEPARTMENT OF COMMERCEWASHINGTON

SURVEY OFCURRENT BUSINESS

BUREAU OF THE CENSUS

COMPILED BY

BUREAU OF FOREIGN AND DOMESTIC COMMERCE : BUREAU OF STANDARDS

No. 58 JUNE 1926

C O N T E N T SSUMMARIES

PagePreliminary summary for May 1Course of business in April 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.) 20

Basic steel and related products (charts) 8

NEW DETAILED TABLES

Life insurance, new business (revised) 23Distribution of corn sirup and starch 24Furniture, Grand Rapids district 24Cost of living indexes for fuel and light 24Natural gas gasoline production 24

INDEX BY SUBJECTS Textpage

Textiles 11Metals and metal products 13Fuels 14Automobiles 14Hides and leather____ 15RubberPaper and printing 15Building construction and housing 15Lumber products 15Stone, clay and glass products 16Chemicals and oils 16Foodstuffs and tobacco 17Transportation and public utilities 18Employment and wages 11Distribution movement (trade, advertising, etc.)- 18Banking, finance, and insurance 19Foreign exchange and trade, gold and silver 19Canadian trade and industry

Tablepage

252729303132323334363738424344454748

PRELIMINARY SUMMARY FOR MAY

Reports for the early weeks of May indicate increasesin business activity as compared with the same weeksof 1925. Larger production of bituminous coal andbeehive coke, larger awards for building construction,greater receipts of wheat and cotton, and a largerdistribution of merchandise, as measured by carload-ings, were reported during this period compared withthe corresponding weeks of 1925. Debits to individ-ual bank accounts, indicative of the dollar volumeof trade, were also running larger during the earlyweeks of May than a year ago. Wholesale pricescontinued to average lower than a year ago but theearly weeks of May recorded an advance over theprevious month. Business failures were runningsmaller in number than a year ago.

Loans and discounts of Federal reserve memberbanks were declining in May as compared with lastmonth but were well above last year. Prices of stocksaveraged for the third week of May were higher thanin the preceding week and a year ago. Call-loanrates for the same week were stronger than in anyprevious week during the month, being higher alsothan a year ago. Time money rates showed the samecomparison with the previous weeks and a year earlier,while the Federal reserve ratio, averaged for the firstthree weeks, was higher than in the previous monthbut lower than a year ago. Loans on stocks and bondsto brokers and dealers, by member banks in New YorkCity, continued to decline.

99365—26 1

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 100

1920 1921 1922 1923 1924 1925 1926RELATIVE TO 1919 AS 100

1920 1921 1922 1923 1924 1925 1926200i i i i

BANK DEBITS, 141 CENTERS

WHOLESALE TRADE. 6 LINESINTEREST RATES, COMMERCIAL PAPER

DEPT, STORE TRADE <359 STORES)

I . IFARM PRICES (DEPT OF AGRICULTURE)

J7< MANUFACTURING PRODUCTION(64 COMMODITIES)

COTTON CONSUMPTION

LUMBER PRODUCTION( 5 SPECIES

AUTOMOBILE PRODUCTION( PASSENGER CARS AND TRUCKS

NET FREIGHT TON-MILES

FACTORY EMPLOYMENT

BUILDING CONTRACTS AWARDED(27 STATES)

1920 1921 1922 1923 1924 1925 1926 1920 1921 1922 1923 1924 1925 1926

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 separates out from the large mass of material a comparatively small number of itemswhich are often regarded as indicative of business in general.

The table has been divided into two parts, the first containing those items for which relative numbers can be calculated, using1913 as a base. The second part contains items for which comparable data back to 1913 are not available. This latter group ofrelative numbers is calculated by letting the 1919 monthly average equal 100. Care should therefore be exercised in comparing ;theabsolute value of the two sets of data. In either group, however, the upward or downward trend of the relative numbers, comparedto previous months, does reflect the present tendency in each item and will give a basis for business judgment. :

ITEM

Production:Pig ironSteel ingotsCopperCement (shipments) __. _. .Anthracite coalBituminous coalElectric energy (gross revenue sales)Crude petroleumCotton (consumption)BeefPork

Unfilled orders:United States Steel Corporation

Stocks:Crude petroleum' .Cotton (total)

Prices:*Wholesale indexRetail food „Retail coal, bituminousFarm products

Business finances:Defaulted liabilities..Price 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:BeefPork

Business finances:Bond prices (40 issues)

Banking:Debits outside New York CityFederal Reserve-

Bills discountedTotal reserves . . .._. .. _. ..Ratio

MONTHLY AVERAGE

1920 1921 i» 1923 1924 1925

1925

Feb.Mar.Apr May June July Aug. Sept. Oct. Nov.Dec.

1926

Jan. Feb.Mar.

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

126149134819498480261118105152

89

295150

161151172146

17623898

26727466

223179299

123

1391661451399394457292125129115

82

294126

161151169151

14923595

29631171

258219318

129

1271421371959885449297128131109

76

294103

156151161147

16323392

29030872

233193322

123

11413713722610789429329114132116

69

29780

155152159146

16224596

30229770

219179262

136

10412713623710293421322106127136

63

29661

157155158148

16124896

30531770

218156271

131

10412213324510999419326104145107

60

29445

160180159149

15126697

29732371

218164248

139

1061361322491131134293239613596

59

28966

160160160152

163272101

25629372

228184255

153

1061381322401

11745J31310414497

63

287130

160169168144

134280102

27631376

234203309

151

1181541332071

133495311117173122

70

284185

158162170143

129298102

32935380

250237464

161

1181651311372

127535297117137127

78

283216

158167179144

157305107

29831979

252216396

149

127158135943

132558294124152162

85

278237

156166179143

160305111

34234879

266226473

139

130164138772

135578288125139168

83

278226

156164179143

191309111

34434179

279192336

138

1141511327927117561264122120127

78

274213

155162179143

150309109

27228875

260170322

130

134178147129115116550293136136136

74

274192

152160170140

134272105

35633978

297181357

141

Apr.

135163142177108101

289124136120

;65

273168

151162168140

169249104

32932476

266187344

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

12283

5594

111

106

22138151

136138

4990

111

121

21137154

143157

4188

111

117

21137154

146148

3181

113

116

21136153

151143

2696

114

123

24135153

141145

2189

112

123

24134154

154166

1976

111

113

30132149

163166

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

117

128

27135151

i Wholesale and retail prices from Department of Labor averaged for the month; farm prices from Department of Agriculture.* Based on the total computed production reported by 5 associations. Includes southern pine, Douglas fir, western pine, North Carolina pine, and California whit*

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.

•Data since January, 1925, cover only stocks east of California, and hence are not directly comparable with figures for earlier periods.

WEEKLY BUSINESS INDICATORS[See table on page 5]

160

140-

tf\r\IOL>

on

60

^t

BREB

N*«.

!TU

A

M^APR.

*••*•/

ousMAY

..-•**

COJUNE

••"••

ALJULY

V

PROAUG.

X

DUCSEPT.

mo

X"

^NOV. DEC.

::

LUMBER PRODUCTION

\r\r\\ .»•*.00 yT

Qf\lf*

60 1

IfiO-r

140

120

100

CO 80

CQ 60

I40

UJ

F I401^ 120

140

120

100

80

60

2OQ .,

(80

160

140

120

inn

80

60

40|

**v ..-•v>--V

' \\

BEEHIVE COKE PRODUCTION

rJ••••*.

p

^S

1s"\

*•,^\

..,.V*** ......

.....'

j

/'

.****.•' "A

ETROLEUM PROD UCTION( DAILY AVERAGE)

/

.*•**»-—

».

.»..w««M.. -H

CAR LOADINGS

r <"7 *..* ,/-f

•••"' ':/ ***\ rs*

iBUILDING CONTRACTS S

J n4U*Lutttn**. 1 1 iji\«n

JAN 1 FEB. IMAR.

| {

APR. MAY

ai :

JUNE

>,.

JULY

M: \i :

AUG.

? 2 *

1

SEPT

l\

:

V

OCT.

r.

. • I

NOV

§

: ••:

DEO.

320

opn

240

160

I2O100

80

40

Q.

JAN, FEB.

^

-A

36O r

320-

280

240

200

ICQmo L

120 * *100

80

4O

0

I80i

160

120

100

60-

40

9HO

180

160

140-

^>

WHEATMAR. APR. MAY JUNE

l\*«

V .

/••

V.

^ECEIPlJULY AUG.

.-•

\

"..

SSEPT.

'

OCT.

1

\

NOV.

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DEC.

•• s\

*~

COTTON RECEIPTS

^/\

^r*-w•\«.

' .,•.y

•

/

*-

/*>

•*•

'— ./..

— V.

CATTLE RECEIPTS

M VI?A-.'••• ,

*

.

*

/ \i?

i-*.

HOG RECEIPTS

f.

' t

V•

,oof\J00

60'

40JAN.

%

:

•

\

FEB.

fa

MAR.

f

APR.

ft ,

JUNr

•••••>

I/'* A^

AUG.

1925

1926

SEPT

N*

OCT.

/:

'NOV.

:\

i \

DEO.

lift.

105

100

KK)

60

105

100

86

90

w

ISO

160

140

120

130-

120

no

140

120

100

.140

FISHEPJAN. FEB. MAR.

J

*S

V\\

"\

V.

'S WHOAPR. MAY

*;'••i/ v

LESJUNE

/

JALJULY

-*"

E PRAUG.

" \

ICESEPT.

'-./•

INCOCT.

"•V

EX

*••''

DEC.

\

v/COTTON PRICES MIDDLING NEW YORK

*•»... .'•«.*

•*•"* •**«iV

•x*»

>S

V,J

IRON AND STEEL COMPOSITE PRICES

•* *"*"•H%

•N." H.

-.

WHEAT PR ICE NO. 2

/

-^

\

\-

£

0^ '""'

«...

UA

^

«. .'/***

RED WINTER

/'-

LOANS AND DISCOUNTS (F.R.MEMBER BA*<KS)

J .«•••• ..,-

K DEBITS TO INDIVIDUAL ACCOUNTS .

¥1ijjMA A, A

V : t-'

;..

i

—ft — '

V v%- ,•: :

• i".•** ''J \

* i '" ;J'

t CALL MONEY RATES

00^

80

BO

120

100

80

60

f:. •

Ifr

s*

•i V "VVI

f3* •:

:..'./ \ / \-'

^J

BUSINESS FAILURES (NUMBER)

^

L(JAN.

'ifrFEB.

'iMAR APR.

V

MAY

ry v~JUNE JUL\

•vAua

«

V

SEPT

\

OCT.

^

v

NOV

,,\

i

occ.

WEEKLY BUSINESS INDICATORS'All data are given as relatives to the weekly average for 1922 to 1934 as 100, except wholesale prices, which are based on 1923 to 1924 average

WEEKENDING a —

1925

Apr. 4111825

May 29

162330. ..

June 6132027

July 4. ..1118 ..25

Aug. 1. ...8

15. . -2229

Sept. 512. ..1926

Oct. 310172431

Nov. 7142128

Dec. 5121926

1926

Jan. 29

162330

Feb. 6132027

Mar. 6132027

Apr. 3101724

May 1 _ _8

152229

June 5121926

Bit

um

ino

us

coal

pro

du

cti

on

83.186.482.888.5

88.091.292.093.189.7

92.395. 092.695.4

81.095.298.8

102.9

104.2109.8113.0115.9122.6

119.3110.0119.9125.3

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

102.3

Lu

mb

er

pro

du

cti

on

108.1110.5110.5113.8

112.4115.7111.4114.8110.5

113.8115.7112.4112.4

90.098.6

108.1107.1

113.3112.4115.7120.0115.7

117.6112.4119.0115. 7

114.8116.7114.8116.7116.7

114.8112.4313.8106.2

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

111.4109.5111.1

Bee

hive

co

ke p

ro-

du

ctio

n

96.593.088.282.9

74.162.759.663.657.9

56. 159.656.656.1

52.656.655.754.8

53.553 953.963 272.4

72 873.275.077.2

82 089.099.198 2

114.5

128.1129.4124.6128.5

130.7127 6137.3114. 5

128 5127.2136 4150.4148 7

161 0158.8154 8140 4

115.8115.4115 4109.7

102.6ICO 0102.2100 0

92 193 089 5

Pet

role

um

prod

uc-

tion

105.9109.3114.1118.2

119.7122.7126.4126.9128.7

128.8123.9120.5119.2

118.0118 0116.0115.8

115.9117 3116.1116 3116.0

117 3116.9116.9115 5

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

106.71C6. 7106.4107 2

109 1109 3109.6

i

1

101.4100.8101.4105.4

107.9107.9108.3101.8107.8

109.4108.5108.0109.0

95.0108.0111.1113.2

114.7115.6117.1118 7123.6

121.2107.2120.7123.2

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 5

Bui

ldin

g co

ntra

cts

172.6170.5151.9165.6

183.6147.7134.6164.8152.4

125.1134.4184.9150.4

142.5124.0132.0134.6

202.6168 0179.4194 4153.8

152 497.7

162.3136 0

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 2

Rec

eipt

s of

whe

at

35.021.634.223.5

34.338.434.762.565.7

69.258.255.660.5

59.991.493.3

140.5

165.9143 9122.2108 1108.3

136 0158. 1170.4180 6

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 3

d

o

3

43.042.141.745 5

36.637.427.729.429.4

26.420.918.717.4

13.613 624.326.8

40.031 945.571 9

116 6

177 9197.0244.3279 1

311 9309.4337.4327 7325.1

323 8288.5289.8285.1

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 6

Rec

eipt

s of

cat

tle

85.285.992.987.1

87.587.191.687.183.9

82.686.270.186.2

101.0100.6106.4100.3

104.8109.0117.4119 0114.8

113.889.7

109.6122.8

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 1

Rec

eipt

s of

hog

s

57.168.980.383.3

91.272.581.478.290.9

91.591.289.587.5

65.169 377.064.3

67.863 562.157 761.5

62 856.861.862 0

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 5

Who

lesa

le p

rice

s

102.3103.0102.8101.4

100.4102.4102.9101.2102.9

102.4102.2102.9103.9

103.5103 8104.6104.5

104.8105 1104.6103 4103.9

103 2103.0103.6103 1

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 6

Pri

ce o

f cott

on

mid

-dl

ing

91.392.192.592.5

92.188.384.288.789.8

93.289.491.392.5

89.891.792.195.5

94.092 889.889 486.4

85 790.692.590 2

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 9

Pri

ce o

f ir

on a

ndst

eel

(com

posi

te)

97.996.696.095.0

94.494.393.793.092.6

92.591.691.190.9

91.191.191.191.1

91.191.191.191 190.6

90.690.990.991.0

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 8

Pri

ce o

f No.

2 w

heat

142.3

156.1154.5154.5

151.2157.7152.0146.3

128 5132.5127.6

129.3136 6139 0135 8137 4

137 4139.0140.7138 2

125 2130 1

138.2

136.6138.2137.4140 7

143 9

152 8153.7152 8152.8148 8

156 1148.8145 5147 2

139 0137.4142 3130.1

136.6142 3

134.1135 8137.4134 1

Ban

k lo

ans

and

dis

counts

113.0112.4112.3112.3

113.2112.8112.6112.0112.1

112.7112.8112.9113.0

114.4113.6113.7113.3

113.1113 8114.4114 4114.4

115 3115.0116.3116 6

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 8119.4

Deb

its to

indi

vidu

alac

counts

118.2117.2118.7118.3

107.8126.6112.7118.9111.5

115.9110.7126.5115.5

129.4116.6120.4119.9

107.1120 1109.5114.6105.9

111.595.3

128.1122.3

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 6

1i

100.097.084.897.0

90.984.890.990.997.0

103.093.990.9

112.1

121.2100.097.0

100.0

100.0106 197.0

100 0106.1

100 0106.1100.0118.2

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

93.993.990.997.0

ii

oas108 5107.0116 9

117.2105.5110.7101 0105.0

90.194.5

105.797.0

92.377 1

101.0106.0

89.390 179.492 586 3

82 370.289.189 6

87 390.583.880 692.8

88.1102.7109.095.3

105.0107 5112.783.1

93.0137.3142.5127.6128.4

128.994.8

118 9104 0

120 4122.197.5

110.2

9&599.8

108.2117.9

122.6100.3104.2102 7

1 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 JBradstreet'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 Agriculture, 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 R. G. Dun & Company.1 The actual week for all items does not always end on same d»y.

WHOLESALE PRICES IN APRIL! Bars denote percentages of increase or decrease in the wholesale prices of specified commodities as compared with the same month of 1925 and 1924]

COMMODITIES

COMPARISON WITHPREVIOUS MONTH

DECREASE INCREASE

20 10 0 10 20

COMPARISON WITH SAME MONTH

1925DECREASE INCREASE

50 40 36 20 10 0 10 20 30 40 50 60

COMPARISON WITH SAME MONTH(924

DECREASE INCREASE

70 .8050 40 30 20 10 Q 10 20 30 40 50 60 70

WHEAT-.—"

CORN

POTATOES

COTTONCOTTONSEED —CATTLE, BEEF-HOGS—-

LAMBS

WHEAT, SPRING

WHEAT, WINTER---

CORN NO.2

OATS

BARLEY r

RYE, NO.2

TOBACCO, BURLEY-

COTTON

WOOL!' GREASE (. BOSTON )-

CATTLE. STEERS

HOGS, HEAVY

SHEEP. EWES

SHEEP, LAMBS

FLOUR, SPRING-

FLOUR, WINTER

SUGAR, RAW

SUGAR, GRANULATED

COTTONSEED OIL

BEEF, CARCASS —

BEEF, STEER ROUNDS -

HAMS. SMOKED CCHiCAGO) —

COTTON YARN - -

COTTON PRINT CLOTH

COTTON, SHEET ING -

WORSTED YARN-

WOMEN'S DRESS GOODS—

SUITINGS

SILK. 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-

COKEPETROLEUM -

PIG IRON, FOUNDRY

PIG IRON. BASIC

STEEL BILLETS. BESSEMER

COPPER -

LEAD *TIN----

ZINC - --

LUMBER. PINE, SOUTHERN

LUMBER. DOUGLAS FIR

BRICK. COMMON (NEW YORK) -

CEMENT

STEEL BEAMS

RUBBER CRUDE-

SULPHURIC ACID

*

i

FARM PRODUCTS, AVERAGE' PRICE TO PRODUCER

FARM PRODUCTS MARKET

FOOD

CLOTHING

fMETALS

BUILDING MATERIAL AND MISCELLANEOUS

20 10 Q 10 20

DECREASE INCREASE

40 30 20 10 Q 10 20 30 40 50 60

DECREASE INCREASE

* NO CHANGE

.70 8050 40

.30 20 10 Q

DECREASE

_30 40 50

INCREASE

WHOLESALE PRICE COMPARISONSNOTE.—Prices to producer on farm products and market price of wool are from U. S. 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 quotations repre-sent prices to producerlor at mill. See diagram on page 6.

COMMODITIES

FARM PRODUCTS-AVERAGE PRICE TO PRODUCERS

WheatCornPotatoes _ _ _ _ _ _ _ _ _ _CottonCottonseedCattle, beef _ _ _HogsLambs _ - _ - - _ _

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, % blood combing, Ohio and Pennsylvania fleeces (Boston)Cattle, steers, good to choice, corn fed (Chicago)Hogs heavy (Chicago) _ _Sheep, ewes (Chicago) _Sheep, lambs (Chicago)

FOOD

Flour standard patents (Minneapolis)Flour winter straights (Kansas City)Sugar, 96° centrifugal (New York)Sugar, granulated, in barrels (New York;Cottonseed oil, prime summer yellow (New York)__Beef, fresh carcass good native steers (Chicago)Beef fresh steer rounds No, 2 (Chicago) - -Pork smoked hams (Chicago)

CLOTHING

Cotton yarns, carded, white, northern, mule spun, 22-1 cones (Boston) __Cotton-print cloth, 27 inches, 64 x 60-38M"-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, Kansas No. 1 (New York) _Hides, green salted, packer's heavy native steers (Chicago).Hides, calfskins, No. 1, country, 8 to 15 pounds (Chicago)Leather chrome calf, dull or bright "B" grades (Boston)Leather, sole, oak, scoured backs, heavy (Boston)Boots and shoes, men's black calf, blucher (MassachusettsBoots and shoes, men's dress welt tan calf (St. Louis) _ _ _

FUEL

Coal, bituminous, mine run lump (Cincinnati) __Coal, anthracite, chestnut (New York tidewater)Coke, Connellsville (range of prompt and future) furnace — at ovensPetroleum, crude, Kansas-Oklahoma — at wells

METALS

Pig iron foundry No 2 northern (Pittsburgh)Pig iron, basic, valley furnace _-Steel billets Bessemer (Pittsburgh)Copper ingots, electrolytic, early delivery (New York)Lead, pig, delivered, 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 x 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

Bushel _ _ - - _BushelBushelPoundTonPoundPoundPound

BushelBushelBushelBushelBushelBushelCwtPoundPoundCwtCwtCwtCwt

BarrelBarrel

PoundPoundPoundPoundPound

PoundYardYardPoundYardYard -PoundPoundPoundSquarefoot.PoundPairPair

Short ton__Long ton_._Short ton__Barrel

Long ton_J!Long ton.__Long ton-PoundPoundPoundPound

MfeetMfeetThousand--

BarrelCwt __PoundCwt _._

ACTUAL PRICE(dollars)

March,1926

1.460.666

2.256.165

29.47.0665.1165.1156

1.6271.676.741.413.663.843

25.00.194.48

9.69011.4907.700

12. 725

8.8057.875.040.049.121.160.150.295

.384

.080

.0981.500.800

3.5106.027.122.170.460.460

6.405.00

3.3911.483.281.800

22.2620.0035.00

.1386

.0839

.6347

.0733

47.9616.5017.00

1.651.95.448.70

April,1926

1.422.657

2.705.166

31.51.0666.1149.1132

1.671.686.728.425.689.892

25.00.192.44

9.13011.748.531

13. 531

8.7567.513.041.052.124.160.152.301

.374

.077

.0981.450.725

3.5105.488.114.165.460.460

6.405.00

3.3911.483.131.800

20.7618.6335.00

.1371

.0797

. 6196

.0700

46.8816.5017.00

1.651.95

.395

.70

April,1925

1.4051.030.705.237

37.94.0655.1164.1222

1.551.701.08.45.88

1.1224.50

.244

.549.99

12.587.92

14.16

8.257.04

.045

.056

.11

.183

.153

.282

.420

.094

.1061.75.800

3.7805.980.142.184.48

. .5006.405.15

3.3910.763.171.800

21.8920.1335.50

.1325

.0801

.5138

.0699

45.6717.5013.50

1.752.10

.340

.70

PER CENTINCREASE (+) OR

DECREASE (— )

April,1926, from

March,1926

2 6-1.4

+19.9+0.6+6.9+0.2

1 4-2.1

+2.5+0.6-1.4+4.9+4.5+6.0

0.0-1.0

8 3-5.8+2.2

+10.8+6.3

0 6-4.7+2.5+6.1

0.00.0

+1.3+2.0

-2.6-3.7

0.03 3

-8.70.0

-9.0-6.6-2.9

0.00.00.00.0

0.00.0

-4.60.0

6 7-6.8

0.0-1.1-5.0-2.4-4.5

-2.30.00.0

0.00.0

-11.80.0

April,1926, from

April,1925

+1.2-36.2

+283. 730 0

-17.0+1.7

1 3-7.4

+7.7-0.6

-32.4-4.4

-21.690 5+2.0

-21.3-18. 5-8.6-6.7+7.7-4.4

+6.2+6.7-8.9-7.1+9.1

-12.60 7

+6.7

-11.0-18.1

—7.517 1

-8.7-7.1

8 2-19.7-10.3

4 2-8.0

0.0-2.9

0.0+6.7-1.3

0.0

-5.2-7.5-1.4+3.5-0.5

+20.6+0.1

+2.6-5.7

+25.9

-5.7-4.8

+16.20.0

RELATIVE PRICE(1913 average=100)

March,1926

184108378138135113155190

•178170119110106133189152192114137164163

192205115116166124115177

1551511601932542271666690

171103206158

154216134193

13913613691

192143133

208179259

1631295670

April,1926

180106453138145113153186

183171116113110140189150176107140182174

191195117121171124116181

1511461601872302271516288

171103206158

154216128193

13012713890

182140127

204179259

1631294970

April,1925

177167118198174111155200

170173173121140176186191216117150169182

180183127132153141117170

1701751732252542451647798

178111206163

154203130193

13713713887

183116127

198190206

1971364270

8

PRODUCTION OF PIG IRON AND UNITED STATES STEEL CORPORATION'S UNFILLED ORDERS

[April, 1926, is latest month plotted]

14,000

600

COMPARISON OF AUTOMOBILE PRODUCTION AND NEW BUILDING CONTRACTS

[April, 1926, is latest month plotted]

800

LOCOMOTIVE SHIPMENTS AND UNFILLED ORDERS

[April, 1926, is latest month plotted]

800

BUILDING CONTRACTS AWARDEDk(27 STATES) N

TOTAL AUTOMOBILEPRODUCTION

4,000

2,000

9

BUSINESS SUMMARY{Index and relative numbers based on the 1919 monthly average as 100—except unfilled orders which are based on the 1920 average—enable comparisons to be made of the

relative condition of the several phases of business. The use of index and relative numbers is more fully explained on the inside front cover, and details of thissummary are given in the table entitled "Indexes of Business/' beginning on page 21]

PRODUCTION:Manufacturing (64 commodi-

ties — Adjusted) * . .Haw nrifttcriftlfl) totftl

Minerals. _ - ...... ------Animal products ....CropsForest 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 tradeDepartment stores (359 stores) _.

PRICES (recomputed to 1919 base) :Producers', farm productsWholesale, 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

mo.)

YEA!

im

119114136117102121144106

11974

9916583

124

65757894

103, 93

115119

25

SLT AVBB

1124

113119126117118119152108

13552

10518582

125

64737895

11084

108116

139

AGE

1925

125116132113111126169138

14556

11820984

131

70778498

12784

115122

146

Febru-ary

12495

11310281

11115483

15163

10515676

101

70788196

12985

102104

172

1925

March

12997

11811275

125165138

15058

11917783

121

72788196

12685

107106

208

April

13086

11911549

130159157

14154

11719579

136

70768196

12285

102107

204

Febru-ary

13092

1139579

11417290

16457

11117076

105

68758799

13987

107105

126

1926

March

13197

130113

7126188150

15455

13019985

130

67748698

14987

117111

149

April

13388

12110957

130

155

15751

12120282

133

67738798

14286

109

167

PER CENT IOB DEC!

April, 1926,from March,

1926

+ 1 59 36. 9

-3. 518. 6

+ 3. 2

+ 3.3

+ 1. 9-7.3

-6.9+ 1. 5

3. 5+ 2.3

0. 0— 1. 4+ 1. 2

0.0

4. 7-1. 1

-1.8

+ 12. 1

NCEEASE (-BLEASE (— )

April, 1926,from April,

1925

+ 2 3+ 2 3+ 1. 7-5.2

+ 16. 30. 0

-1.3

+ 11. 3-5.6

+ 3.4+ 3. 6+ 3. 8-2.2

-4. 3-3. 9+ 7. 4+ 2.1

+ 16. 4+ 1.2

+ 1.9

-18. 1

i See p. 28, Jan., 1925, issue (No. 41), for details of adjustment.

COURSE OF BUSINESS IN APRIL

GENERAL CONDITIONS

Industry in April reached a new high peak in pro-duction, according to the manufacturing index numberallowing for varying length of working time eachmonth. Increases over last year were noted in suchimportant items as the output of pig iron, steel ingots,bituminous coal, anthracite coal, and newsprintpaper. As compared with the previous month, pigiron production and newsprint paper output showedno change but the production of steel ingots and bothanthracite and bituminous coal was smaller. Theconsumption of cotton by textile mills in April wassmaller than either the previous month or a yearearlier. Building awards increased over both periods.

Car loadings of merchandise were seasonally smallerthan in March but were 2 per cent larger than a year

99365—26 2

ago. Sales by 10-cent chains were larger than inMarch while mail-order sales were smaller, but eachof these lines showed increased activity over last year.Check payments, indicative of the general volume oftrade, were smaller in April than in March, afteradjustments for seasonal differences, but were 16 percent higher than a year ago.

Commercial-paper interest rates and stock priceswere lower than in March, but both averaged higherthan last year. Wholesale prices averaged lower thanin March and were 4 per cent lower than in April ofthe previous year. Business failures in April, althoughfewer in number than in March, were greater than ayear ago, with the April liabilities reporting increasesover both the previous month and April, 1925.

10

SUMMARY OF INDEXES OF BUSINESS

PRODUCTION

Manufacturing output in April was the highestof any month since the end of the war, when allow-ance is made for variations in the number of workingdays. Total production for the month was lowerthan in March, the previous high record, owing tothe smaller number of working days. April productionwas about 2 per cent larger than a year ago. Most ofthe industry groups showed slightly lower productionthan in March, exceptions occurring in stone andclay products, with a seasonal increase of 18 per cent,and foodstuffs, with a gain of 5 per cent. Comparedwith a year ago, increases of from 5 to 14 per centoccurred in all groups except textiles, leather, stoneand clay products, metals except iron and steel andmiscellaneous, all of which declined.

Raw material output declined from March in aseasonal movement and was 2 per cent higher thana year ago. Except in the case of forest products,all raw material groups declined in output or market-ings from March, the only exceptions to this trendwithin the groups being gold among the minerals andeggs among the animal products. Compared with ayear ago, minerals and crops showed higher market-ings, animal products lower and forest products nochange. Among the minerals declines were notedonly in petroleum, iron ore, gold and silver, while foranimal products wool receipts more than doubled,but with slight increases in poultry, fish, and milk,these could not offset declines in the other products.Among the grains, only vegetables and fruits declinedfrom a year ago, while among the forest productslumber and distilled wood increased slightly and theother groups declined.

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 thoseof iron, steel, and building materials. April, 1926, is latest month plotted]

COMMODITY STOCKS

A slight increase occurred in the index of stocks onhand on April 30, when corrected for seasonal varia-tion, due entirely to the foodstuffs groups, both rawand manufactured, as raw materials showed a declineand manufactured groups other than foodstuffsshowed no change from March. The unadjustedtotals of stocks held showed declines for all groupsexcept manufactured commodities, which exhibitedno change. Compared with a year ago, stocks werelarger, only the manufactured commodity groupshowing a decline.

SALES

The index of unfilled orders of iron and steel andbuilding materials declined during April and was alsolower than on April 30, 1925. The iron and steelgroup accounted for these declines as the buildingmaterial group showed little change from either period.

Wholesale trade declined seasonally from March,only meats showing a gain. Compared with a year agowholesale trade increased, in spite of declines inhardware; shoes and dry goods. Mail-order housesshowed a decline in sales from March, while depart-ment stores and all groups of chain stores except

11music and drugs made increases. Compared with ayear ago, sales in all these branches of retail trade in-creased except shoe chains and department stores.

PRICES

Prices received by producers of farm productsaveraged the same in April as in March, an increaseof 15 per cent in the fruit and vegetable group and asmall increase in cotton and cottonseed counterbal-ancing slight declines in the other groups. Althoughfruits and vegetables averaged 73 per cent higher inprice than a year ago and dairy and poultry increasedslightly, the total index was about 5 per cent lower.

The wholesale price index continued to decline, thefarm products and food groups alone showing gains

over March. Fuels alone were higher than a year ago,the general index declining 3 per cent from April,1925. The commercial indexes also showed declinesfrom both periods.

EMPLOYMENT

A slight decrease in employment in factories tookplace in April, in spite of gains over March in lumberand in stone, clay and glass products. Comparedwith a year ago, however, employment was greater,with declines exhibited in the food, textile, lumber,leather, tobacco and stone, clay and glass groups.Pay roll payments also declined from March and^in-creased over a year ago, declines from a year agooccurring only in the textile and leather groups.

WHOLESALE PRICE COMPARISONS, BY GROUPS

[April, 1926, is the latest month plotted]

300

280

260

240

220

UJ

!| 200IDZ

X 180Q

160

140

120

100

I I I I I | i i I I i ' i u].i i i I i I i I I i I j i i j i i j« \

I --BUILDING MATERIALS

METALS AND METAL PRODUCTS

i i i i i I i i i M

1926

REVIEW BY PRINCIPAL BRANCHES OF INDUSTRY AND COMMERCE

TEXTILES

April receipts of wool at Boston, although muchgreater than a year ago, were considerably less thanin the previous month, receipts of both foreign anddomestic wool declining from March. For the firstfour months, however, Boston wool receipts werealmost one-third greater than for the corresponding

period of last year. Prices of raw wool, yarn, andcloth were uniformly lower than for either the pre-vious month or for April, 1925. Wool consumed bytextile mills during April was almost 10 per cent lessthan that consumed during March. Wool machineryalso showed a considerable decline in activity, thedecline being evidenced both in fewer active machinesand in the smaller number of working hours.

12

RAW COTTON CONSUMPTION AND EXPORTS

[April, 1926, is latest month plotted]

Receipts of cotton into sight continued to declinebut were one-quarter greater than during April, 1925.Imports and exports also declined from the previousmonth, but were each greater than a year ago. Con-sumption of cotton by textile mills during April wasconsiderably less than in March and 3 per cent lowerthan a year ago. Spindle activity also declined fromboth comparative periods and prices of both raw cottonand cotton goods, were slightly lower than in Marchand much lower than in April, 1925. Stocks of cottonat mills and warehouses continued to decline seasonallybut were very much larger than a year ago. The pro-duction of cotton cloth showed a further decline, all ofthe nine classes of cloth participating in the decline

except sheetings, print cloth, and pajama checks. Thedecline in unfilled orders for cotton cloth was propor-tionately greater than in production, resulting in aconsiderable increase in stocks. Pajama checks alonerecorded an increase in unfilled orders, while onlyOsnaburgs showed a decline in stocks.

SPINDLE ACTIVITY IN COTTON MILLS

[April, 1926, is latest month plotted]

10.000J

1921

STOCKS OF COTTON AT WAREHOUSES AND MILLS

[April, 1926, is latest month plotted]

6,000

5,000

I I I I I I I I M IWAREHOUSE STOCKS

I I I | I I I | I M | I M [ I M | I M | I II | I M |

Hm imimim smimi m in1913 I 1914 I 1915 I 1916 I 1917 I 1918 t 1919 I 1920 I

§ 13 S M i i I1917 I 1918 t 1919 I 1920 I 1921 I 11922 I

i s § i •* M M M M i o -1923 I 1924 I 1925 I 1926 I

13

The consumption of silk, as evidenced by deliveriesto mills, continued to decline and was also less than inApril, 1925, although for the first four months it was2 per cent greater than for the corresponding period oflast year. Stocks at warehouses were also lower thanat the end of either the previous month or the corre-sponding month of last year, while prices continued todecline, averaging 8 per cent less than a year ago.

The production of rayon in 1925, as ascertained bythe biennial census of manufactures was 51,792,173pounds, as compared with 36,152,917 pounds in 1923,an increase of 43.3 per cent. The value of the produc-tion of rayon mills showed an even greater gain, in-creasing during this period from $59,051,916 to$87,940,937, or 48.9 per cent.

IRON AND STEEL

Iron ore consumption and pig iron productionshowed little change from March, but were about 6per cent greater than a year ago. The number andcapacity of furnaces in blast at the end of April waspractically the same as the month previous but sub-stantially larger than in April, 1925. Wholesaleprices of pig iron averaged about 7 per cent lower thanfor either the previous month or a year ago. Steel-ingot production also declined from March but was 15per cent greater than a year ago, the cumulative totalfor the first four months of 1926 being 5 per cent inexcess of the totals for the corresponding months oflast year. Unfilled orders of the United States SteelCorporation declined during April and were con-siderably less than a year ago. Production, ship-ments and sales of steel sheets also declined from theprevious month, while stocks increased. Productionshipments and sales were each considerably larger,however, than a year ago.

Unfilled orders of steel sheets were 12 per centless than at the end of March and 2 per cent greaterthan at the end of April of last year. Wholesale steelprices showed little change from the previous month,but were slightly less than a year ago. Bookings ofstructural steel were greater and shipments onlyslightly less than for the previous month, although theinverse was true in making a comparison with lastyear.

Below are given data on electric motors as madeavailable by trade sources:

ELECTRIC MOTORS 1

[Large power direct current, 1 to 200 horsepower]

1926

JanuaryFebruary... _ __ _March -

Orders

$852, 630900, 786

1, 218, 985

Billings

$961, 269840, 190

1, 082, 669

1925January. __February.March __ _April..

MayJuneJuly..__August

SeptemberOctober..NovemberDecember

Total...

1926JanuaryFebruary _March .April

o

Number

342303264264

280• 268

320288

261350388408

3,736

305321385282

RDEBS

Value

$181, 618158, 668137, 030137, 065

164, 636136, 064159, 652150, 642

151, 913207, 761213, 130216, 966

2, 015, 145

152, 938166, 243234, 032134, 109

SHIPMENTS

Value

$109, 017122, 930179, 609155, 969

141, 910151, 674166, 417149, 677

118, 166156, 508179, 286217, 715

1, 848, 878

169, 024210, 673191, 188128, 140

i Compiled by the Electric Power Club, representing large power direct currentelectric motors of from 1 to 200 horsepower, inclusive, built in general purposemotor frames, including control equipment sold with motors.

In the accompanying tables are to be found dataon orders and shipments of electric hoists:

ELECTRIC HOISTS 1

i Compiled by the Electric Hoist Manufacturers Association from the reports ofnine firms.

Data on shipments of fire-extinguishing equipmentare presented in the following table:

NUMBER OF SHIPMENTS OF FIRE-EXTINGUISHING EQUIPMENT 1

MONTH

January _ _FebruaryMarch.April _ i

MayJune.. _ _ _ __ _JulyAugust _ _

SeptemberOctober. _NovemberDecember. _ _ __ _ _

Year's total

1935

Motorvehicles

121107114137

143145154133

129128128139

1,578

Hand types

54, 21345, 77851, 52655, 753

53, 93154, 90055,23550, 025

51,38351, 46645, 53549, 720

619, 465

1936

Motorvehicles

8797

106120

Handtypes

43, 69251,50059,27552, 894

i Data furnished to the Bureau of the Census by 39 manufacturers, comprisingpractically the entire industry, the figures being a revision of those previouslypublished, due to the inclusion of reports of additional concerns. Further detailsby classes are given on monthly press releases.

NONFERROUS METALS

The production of copper at the mines was slightlyless than at the end of March and slightly greater thana year ago. The output of smelters however, wasgreater than for either prior period, although thecumulative production of smelter copper was 2 percent less than for the corresponding period of lastyear. The world production of blister copper rose 2per cent over the March total and exceeded thata year ago by 10 per cent, making cumulative totals3 per cent in excess of last year's figures. Stocks ofrefined copper were less and those of blister copperslightly greater than at the end of March. The whole-sale price of electrolytic copper, while averaging slightly

lower than during the previous month, was at a higherlevel than a year ago.

COPPER PRODUCTION AND EXPORTS

[April, 1926, is latest month plotted]

The consumption of tin, as indicated by deliveriesto mills, again increased, being 4 per cent greaterthan for March and 7 per cent greater than for thecorresponding month a year ago. The cumulativetotal of such deliveries, however, for the first fourmonths of 1926 was 2 per cent less than for the cor-responding months of 1925. The world visible supplyof tin was greater than at the end of March, althoughless than at this time last year. Stocks in the UnitedStates, on the other hand, were much lower than foreither comparative date. The wholesale price of pigtin averaged slightly less than in March but 21 percent higher than a year ago.

TIN: IMPORTS^ VISIBLE SUPPLY, AND DELIVERIES TO MILLS[April, 1926, is latest month plotted]

The production of zinc fell slightly short of thatrecorded in March, but was 9 per cent greater thanin April, 1925. The number of zinc retorts in opera-tion at the end of the month showed the same ten-dency. Stocks of zinc, on the other hand, were muchlarger than at the end either of the previous monthor of April, 1925. A decline in shipments of orefrom the Joplin district, as compared with the pre-vious month, was accompanied by a decline in

both stocks and in price. Shipments were greaterand stocks less, however, than in April of last year.

RELATIVE PRODUCTION AND STOCKS OF ZINC

[1913 monthly average=100. April, 1926, is latest month plotted]

1922 1923 1924 1925

Shipments of lead ore from the Joplin district wereconsiderably less during April than during the previousmonth or the corresponding month a year ago, whileprices declined from both periods.

PRODUCTION OF BITUMINOUS AND ANTHRACITE COAL

[April, 1926, is latest month plotted]

50

co

°

1"^ 8

;

r _

g A

*1

1920

, A '^AV

1VA|

1921

i >\ fI-w- K V

Hrj

1922

Vv^Aj J r\ A/\J v

A

k/^^^ |i

11

V11923

JLArw

1924

^/*

1925

FUELS

\

s

'1926

The production of bituminous coal declined season-ably but was considerably greater than a year ago, thecumulative production for the first four months of theyear beinging month

15 per cent greater than in the correspond-of 1925. Anthracite production also de-

clined from March but was 13 per cent greater than ayear ago. Prices of both bituminous and anthracitecoal were also lower than during the previous month,prices of bituminous being lower and thosecite higher than a year ago.

of anthra-

AUTOMOBILES

April production of both passenger cars and truckswas slightly greater than for the preceding month,with substantial increases over last year's figures.

15

The 1925 production of passenger cars was 3,655,048as reported by the biennial census of manufactures,compared with 3,472,681 in 1923, a large decrease inthe number of touring cars and roadsters during thetwo-year period being more than offset in the increasein the number of closed models produced.

PRODUCTION OF BEEHIVE AND BY-PRODUCT COKE

[April, 1926, is latest month plotted]

HIDES AND LEATHER

Prices of hides and leather declined seasonally andwere also considerably less than a year ago. Sales ofleather belting also declined, both from the previousmnoth and a year ago. The April production of bootsand shoes was 10 per cent below that of March and wasalso less than a year ago.

IMPORTS OF HIDES AND SKINS

[April, 1926, is latest month plotted]

1921 1922 1923 1924 | 1925 1926

PAPER AND PRINTING

The April production and shipments of newsprintpaper remained practically the same as for the pre-vious month but were substantially larger than a yearago. For the first four months of this year both

production and shipments were 12 per cent larger thanfor the corresponding months of 1925. Stocks at theend of April were larger than in March but weremuch smaller than a year ago. The paper-boardshipping box industry showed lower activity andsmaller production of both corrugated and solidfiber boxes in April than in the preceding month.The April production, however, was substantiallylarger than a year ago, the four months' cumulativetotal being 17 per cent above the correspondingperiod of last year.

NEWSPRINT PAPER PRODUCTION AND MILL STOCKS

[April, 1926, is latest month plotted]

BUILDING CONSTRUCTION

Building costs showed little change during April,either from the previous month or from a year ago.Rental advertisements increased seasonally fromMarch and were more numerous than in April, 1925.Contracts awarded for new construction were slightlygreater in area and slightly less in total value thanfor March. Commercial and industrial buildingsshowed smaller contracts, both in square footage andin value, than for the previous month, while buildingsdevoted to public works and utilities decreased onlyin value. Compared with a year ago, total buildingcontracts increased, both in square footage and invalue, despite declines in industrial, educational, andpublic buildings. Fire losses were much larger inApril than during either the previous month or thecorresponding month a year ago.

LUMBER PRODUCTS

Although no uniform tendency was apparent, Aprilproduction, orders, and shipments of the importantvarieties of lumber were generally smaller than forthe previous month but larger than a year ago. Cumu-lative figures indicate that lumber production for thefirst four months of the current year did not maintainits usual ratio to orders and shipments, most of thedifferent kinds of lumber showing either declines inthe four months' total as compared with a year ago

16

or increases smaller proportionately than those re-ported for shipments and new orders. New orders,shipments, and unfilled orders for both kinds of floor-ing declined from the March total, although produc-tion and stocks of oak flooring showed slight increasesover the previous month. For the first four monthsof 1926, both oak and maple flooring showed increasesin production, shipments, and orders. Stocks of bothkinds of flooring and unfilled orders of maple flooringwere larger than at the end of April, 1925. Bookings,shipments, and unfilled orders of plywood declinedfrom the previous month. Production, shipments, andstocks of circled headings for wooden barrels alsodeclined from March, although new orders and unfilledorders increased.

STONE AND CLAY PRODUCTS

The production of paving brick was almost as greatand shipments 50 per cent larger than during the pre-vious month. Despite a decline from March in ordersreceived, unfilled orders and stocks were slightlylarger at the end of April than for the previous month.The paving-brick industry showed considerably loweractivity during April than during the correspondingmonth a year ago. Bookings of terra cotta were con-siderably larger both in quantity and in value than foreither the previous month or a year ago. Ordersreceived for each kind of enameled sanitary ware wereless than for either the previous month or for April,1925. Shipments also fell short of those reported foreither comparative period with the exception thatshipments of baths were slightly larger than in March.Stocks of all enameled ware except miscellaneous in-creased from both prior periods. An increase in theproduction and shipments of Portland cement ascompared with March was accompanied by a declinein stocks. Production and shipments of cement, how-ever, were less and stocks greater than a year ago.Paving contracts awarded during April were verymuch larger than for the previous month but wereless than a year ago.

WHOLESALE PRICES OF CHEMICALS[April, 1926, is latest month plotted]

Data on vitreous china plumbing fixtures, revisedby the inclusion of reports for additional concerns,are presented below.

VITREOUS CHINA PLUMBING FIXTURES l

[Number of pieces, A grade or regular selection]

MONTH

1925Julv „AugustSeptemberOctoberNovember _ _Dp.nftmhpT

Total (6 months)

1926JanuaryFebruary.MarchApril.

Net ordersreceived

205, 597213, 369195, 972225, 287301, 821283, 018

1, 425, 064

285, 867242, 805259, 358199, 404

Shipments

272, 463283,435248,511250, 803201, 192242, 676

1, 499, 080

248, 690244, 121282, 274233, 406

Unfilled or-ders (end of

month)

519, 874449, 808397, 269371, 753472, 382512, 724

549, 901548, 585525, 669491, 667

'

Stocks onhand (endof month)

321, 155325, 420342,495388, 643443, 594471,442

510, 890464, 820497, 519532, 757

1 Data furnished to the Bureau of the Census by 37 manufacturers who report allvitreous chinaware which in regular practice is connected with a drainage system,the figures being a revision of those previously published, due to the inclusion ofreports for additional concerns. Details are given on monthly press releases.

CHEMICALS AND OILS

Receipts of turpentine and rosin were much largerthan during the previous month but considerablysmaller than in April, 1925. Stocks of both turpen-tine and rosin were less than at the end of March,stocks of rosin also being less than a year ago.Prices declined from the previous month, but werehigher than a year ago. Stocks of cottonseed de-clined seasonally from the previous month, as did theproduction and stocks of cottonseed oil. Cottonseedstocks, however, were at a higher point than a yearago, but, despite a larger production of cottonseed oilthan in April, 1925, oil stocks were lower than a yearago. Receipts of flaxseed at the two Northern mar-kets were smaller and shipments larger than for eitherthe previous month or for April, 1925. Stocks con-tinued to decline seasonally, but exceeded those of ayear ago. Shipments of linseed oil and oil cake wereless than for either the previous month or a year|ago.

COTTONSEED OIL PRODUCTION AND STOCKS

[April, 1926, is latest month plotted]

17

CEREALS

The visible supply of wheat continued to declineseasonally both for the United States and Canada andwas less for the United States than a year ago. Re-ceipts and shipments also declined from the previousmonth, shipments being less than in April, 1925.Prices of wheat were slightly higher and those of wheatflour slightly lower than in the previous month. Thevisible supply of corn, oats, and barley also declinedseasonally, receipts of corn being less and those ofoats greater than in March. Prices of corn, oats,barley, and rye were all lower than a year ago and thoseof corn slightly less than in March.

WHEAT RECEIPTS, EXPORTS, AND VISIBLE SUPPLY[April, 1926, is latest month plotted]

Stocks and shipments of rice continued to declineseasonally but were considerably larger than last year.Car-lot shipments of applies, citrus fruits, and haywere less than in March but greater than a year ago.Car-lot shipments of potatoes were smaller than ineither prior period, while those of onions were largerthan in March, although less than a year ago.

The following table shows the production and stocksof edible gelatin:

EDIBLE GELATIN 1

PERIOD

1923 total.1924 total. _-1925 total

1925First quarterSecond quarterThird quarter. __ „Fourth quarter

1996First quarter „ _ .

Production

Thousands

13, 32214, 20512, 535

4,2582,829

2 1, 4404,009

4,637

Stocks, endof period

of pounds

9,89110. 4548,990

11,2718,931

2 7, 1468,990

10, 104

1 Compiled by the U. S. Department of Commerce, Bureau of the Census, fromreports of 12 companies operating 13 plants, comprising the entire industry. Datafor 1923 and 1924 not available by quarters.

2Certain reports missing which would make totals slightly larger.

MEATS AND DAIRY PRODUCTS

Trade in live stock was generally less than for eitherthe previous month or a year ago, despite larger ship-ments of stocker and feeder cattle and sheep. Total

99635—26 3

shipments of these animals were slightly larger thanin March. Local slaughter of cattle, hogs, and sheepwas less than for either the previous month or forApril, 1925, the cumulative total of animals slaugh-

COMPARISON OF WHOLESALE AND RETAIL FOOD PRICES WITHWHOLESALE PRICE INDEX.

[April, 1926, is latest month plotted]

100

tered locally also being less except in the case of sheepthan for the first four months of last year. Cold-storage holdings of beef, pork, and mutton productswere smaller than at the end of the previous month

RELATIVE RECEIPTS OF BUTTER, CHEESE, AND EGGS ATPRIMARY MARKETS

[1919 monthly average=100. April, 1926, is latest month plotted]300

200

20

and, except in the case of mutton, smaller than a yearago. Livestock prices were generally higher thanduring March, the only exception being in the case ofcorn-fed cattle. Compared with a year ago prices ofcattle, hogs, and lambs were less and those of eweshigher. Poultry receipts declined seasonally fromMarch, but were slightly larger than a year ago. Cold-storage holdings of both poultry and fish continued to

18

decline while those of creamery butter increased.Receipts of butter arid cheese showed only slightchanges from either the previous month or from April,1925. Receipts and cold-storage holdings of eggs, onthe other hand, increased seasonally but were con-siderably less than a year ago.

SUGAR

Imports of Hawaiian and Porto Rican sugar con-tinued to increase and were 7 per cent larger in Aprilthan a year ago. Meltings declined both from theprevious month and a year ago, while stocks at re-fineries at the end of April were much larger than foreither prior period. Receipts of sugar at Cubanports passed the peak which was reached in Marchand were smaller than a year ago. Stocks continuedto mount despite a small increase in exports andwere 25 per cent larger than at the end of April, 1925,

RAW SUGAR IMPORTS, MELTINGS, AND REFINERY STOCKS[April, 1926, is latest month plotted]

SURPLUS, SHORTAGE, AND BAD-ORDER FREIGHT CARS[April, 1926, is latest month plotted]

Receipts of coffee at Brazilian ports were largerthan in April, 1925, but less than during the pre-vious month. The visible supply of coffee both inthe United States and in the world declined fromboth prior periods.

WATER TRANSPORTATION

Panama Canal traffic was considerably less duringApril than during the preceding month, but largerthan a year ago. Ohio River and Cape Cod Canaltraffic was much heavier in April than during eitherof the prior periods, while Mississippi River trafficdeclined. The gross tonnage of ships completed dur-ing April was less than during the previous month,but much greater than a year ago.

RAILROADS

Surplus freight cars continued to increase fromthe previous month, although considerably less thana year ago. Car loadings declined from March, allclasses except ore and miscellaneous goods participat-ing in this movement. Total loadings, however, wereslightly larger than a year ago. Increases in loadingsof grain, coal, and merchandise offset declines in theother classes. Fewer bad-order locomotives andfreight cars were reported for April than for eitherthe previous month or a year ago. Shipments andunfilled orders of locomotives were also less than inMarch, although considerably greater than a year ago.

DISTRIBUTION MOVEMENT

Sales by mail-order and 10-cent chain stores showedeither declines or only slight increases in April ascompared with the previous month, but were uni-formly greater than a year ago. Magazine advertise-ments for appearance in April magazines were 10 percent greater than for the previous month and 7 percent larger than a year ago. Newspaper advertisingalso increased from both prior periods, although to alesser extent. Postal receipts at the principal citiesdeclined by 8 per cent from the previous month butwere considerably larger than in April, 1925. Delin-quent accounts in the electrical trade increased bothfrom the previous month and from a year ago.

SALES BY MAIL-ORDER HOUSES AND 10-CENT CHAIN STORES[April, 1926, is latest month plotted]

LIFE INSURANCE

Sales of life insurance declined from the previousmonth, but were slightly larger than a year ago, allregions of the country reporting these tendencies.April premium collections also declined both in thetotal and for each of the principal classes.

BANKING AND FINANCE

. Check payments and bank clearings both in andoutside New York City were smaller than duringMarch but exceeded the totals reported for April, 1925.Total deposits in and bills discounted by the Federal

19

BILLS DISCOUNTED AND TOTAL INVESTMENTS OF FEDERALRESERVE BANKS

[April, 1926, is latest month plotted]

3,000

BILLS DISCOUNTED-

^fc^O1923 1924 1925 1926

reserve banks also declined from the previous monthwhile notes in circulation, investments, and reservesincreased slightly. Interest rates averaged lower thanin March but were considerably higher than last year.The liabilities of failing concerns increased both fromthe previous month and from a year ago, all classes ofestablishments showing larger liabilities than in theprevious month, although the liabilities of trading

LOANS, DISCOUNTS, AND TOTAL INVESTMENTS OF FEDERALRESERVE MEMBER BANKS[April, 1926, is latest month plotted]

establishments were less than in April, 1925. Thenumber of failing firms was slightly less than duringMarch and but little larger than a year ago.

Prices of stocks were slightly weaker while bondswere slightly stronger than in March, both stocks andbond prices averaging higher than a year ago. Salesof stocks in April were less than one-half those ofMarch and slightly less than those of a year ago.

NUMBER OF BUSINESS FAILURES AND DEFAULTED LIABILITIES[April, 1926, is latest month plotted]

GOLD AND SILVER

Domestic receipts of gold at the mint were consider-ably greater than during March but were 10 per centless than a year ago. Imports of gold declined con-siderably from the previous month but were muchlarger than in April, 1925. Exports, on the other hand,were more than four times those of the previous month.Silver production declined both from March, 1926,and from April, 1925. Imports were greater and ex-ports less than for either prior period. The price ofsilver at the New York market declined slightly.

GOLD TRADE BALANCE, SHOWING EXCESS OF IMPORTS OREXPORTS

[April, 1926, is latest month plotted]

1920 [ 1921 I 1922 { 1923

FOREIGN TRADE AND EXCHANGE

Rates of exchange with Europe generally remainedthe same as during the previous month, except thoseon France and Belgium, which suffered sharp declines.Only slight changes were recorded in the rates ofexchange with Asia and with the other Americancountries, Indian and Brazilian being less and Japa-nese, Canadian, and Argentinian greater than duringthe previous month. Compared with a year ago, allof the Asiatic and American countries showed increasesin the rate of exchange and all of the European coun-tries except England and Holland showed declines.

IMPORTS AND EXPORTS OF MERCHANDISE

[April, 192S, is latest month plotted]

20

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

MINERALSTotal .

PetroleumBituminous coal _.Anthracite coal.. _Iron ore*Copper _ «leadZincGold . ... . _ _Silver

ANIMAL PRODUCTS (marketings)Total

Wool *Cattle and calves . .HogsSheepEggs * -Poultry*- . .FishMilk (New York)

CROPS (marketings)Total

Grains *Vegetables *Fruits *Cotton products * _ _ _Miscellaneous crops *

FOREST PRODUCTSTotal

LumberPulpwoodGum (rosin and turpentine) *Distilled wood

MANUFACTURING

Grand total (adjusted for working days)Grand total (unadjusted).

FoodstuffsTextilesIron and steelLumberLeatherPaper and printing. . _Chemicals, oils, etcStone and clay productsMetals, excepting iron and steelTobaccoMiscellaneous

Mail-mumsince

Jan. 1,1920

180

156216137121262150188140131145

138227143177153245390163190

246242254405310170

136137164267149

133137129130151166115127191164195132153

Mini-mumsince

Jan. 1,1920

73

621054100

1778385780

801958645430214594

494358501919

6159512024

71687754325763699269717037

1925

*£ March

95

113171100980

13715012482

108

1022775

1226199

101105122

8182

129697959

111116886791

71115

941081271378599

151100171100112

97

11819297960

14817613677

104

11231919466

15577

137139

7580

137717035

12512812467

100

124129

9611214315094

111159125182109139

April

86

11919587

10254

14016412285

117

11523898768

21668

105134

4943

134864219

13012915210699

130130

9711212315293

116156141184107154

1926

Feb-ruary

92

11317312028

013516913275

107

9529769066909785

124

798297757479

114119974597

130120

9210612914577

11316285

152105133

March

97

130192119120

015018514059

110

11365889675

14789

137141

7068

133876541

12613211031

106

13113710411715116089

127170115176127153

April

88

121187103112

014516913977

105

10950838466

17671

107136

5756

102845232

130133 ,130 !74

111 ;

13313310910614016182

127163136168116151

i

PER CENT INCREASE (+)OR DECREASE ( — )

April, 1926,from March,

1926

-9.3

-6.92 6

-13.4— 6. 7

0. 0-3.3-8. 7-0. 7

+ 30. 54 5

3. 523 1

-5. 7-12. 5

12 0+ 19. 7-2. 221 9

-3. 5

-18.617 623 33 4

-20.022 0

+ 3.2+ 0. 8

+ 18. 2+ 138. 7

+ 4.7

+ 1.5-2.9+ 4.8-9. 4

6 0+ 0. 6-7.9

0. 0-4. 1

+ 18. 3-4. 5

8 71 3

April, 1926,from April,

2925

+ 2.3

+ 1.7-4. 1

+ 18. 4+ 9. 8

-100. 0+ 3. 6+ 3.0

+ 13. 9-9. 410 3

5 2+ 117. 4

— 6. 73 42 9

-IS. 5+ 4. 4+ 1.9+ 1.5

+ 16.3+ 30. 2

93 9-2. 3

+ 23. 8+ 68. 4

0.0+ 3. 1

-14. 5-30. 2+ 1 2 1

+ 2.3+ 2.3

+ 12. 45 4

+ 13. 8+ 5. 9

-11. 8+ 9. 5+ 4. 5

3 5S 7

+ 8. 4-1. 9

* Fluctuations between maximum and minimum due largely to seasonal conditions.

21

INDEXES OF BUSINESS—Continued

!

STOCKS(Relative to 1919 monthly average as 100)

(Corrected for seasonal variation)Total

Raw foodstuffsRaw materials for manufactureManufactured foodstuffs _ _, _ _Manufactured commodities

(Unadjusted index)Total.

Raw foodstuffsRaw materials for manufactureManufactured foodstuffsManufactured commodities

UNFILLED ORDERS(Relative to 1920 monthly average as 100)(Iron, Steel, and Building Materials)

Total (8 commodities)Iron and steelBuilding materials

WHOLESALE TRADE(Relative to 1S19 monthly average as 100)

(Distributed by Federal Reserve Districts)

Grand total, all classesHardware (10 districts) . „Shoes (8 districts) . . >Groceries (11 districts)

j Drugs (7 districts)Drv goods (8 districts)

1 Meats _ .

RETAIL TRADEUlelative 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 ..Leather _Paper and printing _ _ .ChemicalsStone, clay, and glassMetal products other than iron and steel.Tobacco productsVehicles _ _Miscellaneous

Maxi-mumsince

Jan. 1,1920

167228189121185

168250202115179

116112153

126129136135133150*89

170

427214332225212282188

226154

2 1022 1072 1032 1042 1032 1052 10421052 1052 1072 1082 1032 107

Mini-mumsince

Jan. l,1920

9173895886

8470685688

403225

605943628858

*46

49

8455

11910910610972

80100

3 852 872 812 792 922 832 932 842 902 662 862752 80

1935

Febru-ary

15118113986

177

16423013783

178

6350

115

76904673

1098869

105

15699

233146119175100

101127

929392889395

101929296938792

March

15019312880

173

16023611873

176

5846

105

831076379

1219673

119

177105252160131188127

121139

929092899395

102999697949093

April

14117211974

174

14419510469

176

5442

104

791076575

1158568

117

195107258159134210177

136141

928791889492

10110210096869294

i1926

Febru-ary

16422716274

174

16623716369

175

5744

110

76875071

1108675

111

17010328917212717397

105132

948990929093

10210194

102899498

March

15419815380

170

16425014265

173

5543

105

851067381

1339375

130

199112302196143206143

130143

948890939091

10310596

103889698

April

15720614193

170

15924312463

173

5138

104

821035980

1237780

121

202111333193150226166

133143

938688939287

10310399

101849597

PER CENT INCREASE (-f)OR DECREASE ( — )

April, 1926,from March,

1926

+ 1.9+ 4. 0-7. 8

+ 16. 30. 0

3. 72 8

-12. 7-3. 1

0.0

7.311 6

-1.0

3. 52 8

-19. 2-1. 2

7 517 2

+ 6.7

-6.9

+ 1. 50 9

+ 10.31. 5

+ 4. 9+ 9.7

+ 16. 1

+ 2. 30.0

1.1-2.3-2. 2

0.0+ 2.2-4. 4

0.01 9

+ 3. 1-1.9-4. 5-1.0— 1. 0

April, 1926,from April,

1925

+ 11.3+ 19. 8+ 18. 5+ 25.7-2.2

+ 9.7+ 24. 6+ 19.2-8. 7— 1. 7

-5.69 50.0

+ 3.8— 3. 7

9. 2+ 6.7+ 7.0— 9. 4

+ 17. 6

+ 3.1

+ 3.6+ 3.7

+ 29. 1+ 21. 4+ 11. 9+ 7.6

6 2

2. 2+ 1.4

+ 1.1-1. 1-3.3+ 5.7

2 1-5. 4+ 2.0+ 1.0-1. 0+ 5.2-2. 3+ 3.3+ 3. 2

1 Since Jan. 1, 1921, ! Since July 1,1922.

22

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 steelLumberLeather _ . _ _Paper and printingChemicalsStone, clay, and glassMetal products other than iron and steel.Tobacco products .VehiclesMiscellaneous _ . .. _

PRICE INDEX NUMBERSFARM PRICES

(Relative to 1909-1914 average as 100)All groups

Grain _ -_ _Fruits and vegetablesMeat animalsDairy and poultryCotton and cotton seed - _ .. _Unclassified

WHOLESALE PRICES

Department of Labor Indexes(Relative to 1913)

All commoditiesFarm productsFood, etcCloths and clothing .Fuel and lightingMetals and metal productsBuilding materials - .Chemicals _House-furnishing goodsMiscellaneous

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)ShelterClothing _ _Fuel and lightSundries

Maxi-mumsince

Jan. 1,1920

2 1052 1072 1062 1082 1062 1082 1132 1062 1092 1102 1122 1072 112

235283373186215304180

US243248346281203300213275208

218227

US219186288200192

Mini-mumsince

Jan. 1,1920

2 742 852722 622 842 782 882 852 842 702 882 602 72

11088

10891

1227674

138114131171162109155121164111

134115

155139143153149171

1925

Febru-ary

959596939696

104949898899296

14617813112614218396

161162157191178136183135173125

167150

165151183172169175

i

March

979397949896

106100102100909698

15117213814513419594

161161159191174134180134170125

161149

165151182173169175

April

948891919788

10499

10595769797

14715214614613118994

156153154190169129174134171129

160145

165151182171165175

1926

Febru-ary

999393999691

1101011011048698

102

14314021814614414287

155150153184179128177132164133

159145

170162177176169175

March

999293

1019690

11210610410790

100103

14013322014713713385

15214415118117512817613216412cS

157142

169160177176166175

April

978987

100 197 j82

111105 !

1051048499

103

14013125314613313583

151145153177174127173130163127

154140

168162176175162173

PER CENT INCREASE (+)OR DECREASE (— )

April, 1926,from March,

1926

-2.0-3.3-6.5-1.0+ 1.0-8.9-0. 9-0.9+ 1.0-2.8-6. 7-1. 0

0.0

0.01. 5

+ 15.0-0. 7

2. 9+ 1.5-2.4

0.7+ 0.7+ 1.3-2. 2-0.6-0.8-1. 7-1. 5-0.6

0. 8

-1. 9-1. 4

-0.6+ 1.3-0. 6-0.6

2 4-1. 1

April, 1926,from April,

1925

+ 3.2+ 1.1-4. 4+ 9.9

0.0-6.8+ 6.7+ 6. 1

0.0+ 9.5

+ 10. 5+ 2. 1+ 6.2

4.8-13. 8+ 73.3

0.0+ 1.5

-28.6-11. 7

-3.25 2

-0. 6-6. 8+ 3.0

! -1.6-0. 6

3. 0— 4. 7 1-1. 6

! 3. 7-3. 4

: +1.8+ 7. 3-3. 3

: +2. 3! -1. 8

1 I

2 Since July 1, 1922.

NEW PAID-FOR LIFE INSURANCE1

YEAR AND MONTH

1913, total1914, total1915, total1916, total1917, total

1918, total _1919, total.1920, total ..1921, total

1922, total1923, total1924, total1925, total

1931January _FebruaryMarchApril. _. _MayJuneJuly ...AugustSeptemberOctoberNovemberDecember

1923JanuaryFebruary _MarchAprilMay --JuneJuly _AugustSeptember _OctoberNovemberDecember _

1933JanuaryFebruaryMarchApril. --.MayJune - - - _July _ -AugustSeptember __ . .OctoberNovemberDecember

1934January . _ _ _February ».MarchAprilMayJuneJulyAugustSeptember __ .OctoberNovemberDecember .

1935January _FebruaryMarch __AprilMavJune .JulyAugustSeptemberOctober.NovemberDecember

1936JanuaryFebruaryMarch__ _ _April

ORDINARY

Number ofpolicies

954, 164945, 351

1, 006, 9101,155,7271, 325, 370

1, 339, 6802, 163, 1362, 463, 3121, 959, 759

2, 001, 3752, 350, 4742, 363, 6882, 570, 010

158, 641162, 623187, 930188, 437177, 940173,621157, 119146, 373145, 479153, 125147, 250161, 221

145, 165148, 693175, 678170, 234180, 401179, 389168, 039157, 540149, 957160, 810168, 282197, 187

167, 414170, 663221, 536199, 672209, 088218, 020192, 055181,948175, 614190, 299195, 681228, 484

180, 925183, 436232, 399211, 670221, 729203, 678186, 938172, 613157, 860180, 221214, 700217, 519

176,993184, 724217, 859214, 244238, 253218, 157213, 216208, 631186, 175222, 764218, 240270, 754

184, 846192, 677239, 720227, 169

Thousandsof dollars

1, 697, 4001, 658, 6981, 761, 5062, 177, 0162, 521, 045

2, 631, 5964, 591, 7335, 570, 2704, 580, 253

5, 035, 0166, 031, 3166, 393, 6737, 398, 614

364, 872369, 332429, 732431, 683424, 626410, 130367, 623345, 316320, 235345, 648342, 422428, 634

348, 679380, 134440, 960429, 805455, 484452, 059422, 204402, 062358, 180397, 383415, 583532, 483

430, 329437, 792565, 731510, 206544, 111562, 730496, 839473, 474429, 458479, 729503, 167597, 750

497, 788491, 661619, 123566, 646586, 945560, 364528, 519472, 997425, 202491, 541515, 160637,727

523, 654548, 529654, 771638, 206698, 706638, 195638, 833607, 621525, 532616, 725586, 877720, 965

560, 289597, 429724, 454675, 296

INDUSTRIAL

Number ofpolicies

4, 557, 8264, 922, 2695, 142, 7114, 975, 2614, 973, 316

5, 198, 7175, 582, 9805, 999, 2556, 600, 785

6, 985, 2247, 947, 1038, 445, 2259, 652, 556

486, 717484, 327621, 170507, 310651, 707550, 406431, 365445, 752507, 480671, 860580, 841661,850

537, 827568, 921683, 552571, 841624, 125578, 786541, 850511, 547479, 847622, 861610, 594653, 473

547, 155550, 971669, 471950, 443796, 538693, 473608, 854566, 992556, 415668, 393656, 873681, 525

766, 821649, 135693, 674705, 346760, 648674, 481595, 545609, 703614, 848830, 831641,128903, 065

618,425732, 120809, 517803, 384

. 882, 325788, 352734, 531717, 402691, 227

1, 199, 183851, 209824, 881

817, 246653, 943844, 659787, 138

Thousandsof dollars

622, 909662, 600697, 532703, 743737, 810

793, 187934, 807

1, 116, 5221, 257, 759

1, 418, 8011, 720, 0541, 963, 5542, 359, 174

93, 35791, 866

118, 47895, 759

125, 232104, 90981, 87284, 58396, 805

129, 165109, 087126, 646

103, 725110, 954132,333123, 208125, 084115, 959110,423102, 90197, 257

132, 790125, 960137, 707

112, 678114, 758137, 853208, 105162, 326147, 444132, 798127, 090124, 905152, 061146, 882153, 154

179, 656143, 762156,792158, 557173, 629154, 495135, 015141, 525145, 052198, 461150, 718225, 892

147, 441177, 666193, 604196, 895217,735198, 113182, 991181, 048175, 114256, 704207, 980223, 883

227, 158174, 782230, 203215, 504

GROUP

Numberof

contracts

6372

130383975

8401,9692,281

700

1,1541,8981,5851,984

4848495151483341273231

241

5458744967686553576768

474

9996

1311091314569975497788

488

10289

12111211199

114717587

132472

178114129143143160121118107114172485

200152190152

Numberof

certificates

30, 00149,08378, 507

140, 870309, 118

315, 196476, 635461, 894123, 589

256, 144418, 162357, 638546, 781

8,4467,550

11, 8807,908

10, 0106,6025,6695,5206, 4218,0046,503

39, 076

12, 60813, 37417, 02822, 12811, 69016,51510, 19515, 34617, 12313, 94217, 70488, 491

17,57514, 94523, 71733, 09539, 98231, 83030, 90223, 10216,91112,46218, 427

155, 214

16, 39510, 63920, 48424, 73219, 99113, 20217,87314, 814lo, 89670, 76925, 770

109, 073

47, 46222,76426, 99137, 24423, 17432, 20227, 76268, 88720, 03338, 10926, 476

175, 677

40, 79452, 25044, 25758, 947

Thousandsof dollars

20, 82845, 47447, 12278, 720

178,336

246, 656425, 574425, 737111,083

274, 616520, 045597, 765998, 974

6,8516,167

10, 1117,0309,1896,1194,6325,4855,0766,5695,790

38, 064

14, 51411, 90817, 80823, 32310, 42218, 86011, 90218, 49018, 06715, 67417, 40896, 240

18, 20016, 12224, 98835, 05045, 72654, 92421, 56621, 96921, 3899,817

18, 797231, 497

19, 08215,41135, 03444, 21734, 98621, 49031, 33822, 93119, 354

131, 10138, 623

184, 198

68, 95736, 69640, 79766, 41539, 04147, 56554, 947

126, 88537, 78854, 433

111,066314, 384

56, 28083, 08872, 36877, 521

TOTAL

Number ofpolicies and

contracts

5, 512, 0535, 867, 6926, 149, 7516, 131, 3716, 299, 661

6, 539, 2377, 748, 0858, 464, 8488, 561, 244

8, 987, 75310, 299, 47510, 810, 49812, 224, 550

645, 406646, 998809, 149695, 798829, 698724, 075588, 517592, 166652, 986825, 017728, 122823, 312

683, 046717, 672859, 304742, 124804, 593758, 243709, 954669, 140629, 861783, 738778, 944851, 134

714, 668721, 730891, 138

1, 150, 2241, 005, 757

911, 949801, 008749, 015732, 078858, 769852, 642910, 497

947, 848832, 660926, 194917, 128982, 488878, 258782, 597782, 387772, 783

1,011,139855, 960

1, 121, 056

795, 596916, 958

1, 027, 5051, 017, 7711, 120, 7211, 006, 669

947, 868926, 151877, 509

1, 422, 0611, 069, 6211,096,120

1,002,292846, 772

1, 084, 5691,014,459

Number ofpolicies andcertificates

5, 541, 9915, 916, 7036, 228, 1286, 271, 8586, 607, 804

6, 853, 5938, 222, 7518, 924, 4618, 684, 133

9, 242, 74310, 715, 73911, 166, 55112, 769, 347

653, 804654, 500820, 980703, 655839, 657730, 629594, 153597, 645659, 380832, 989734, 594862, 147

695, 600730, 988876, 258764, 203816, 216774, 690720, 084684, 433646, 927797, 613796, 580939, 151

732, 144736, 579914, 724

1, 183, 2101, 045, 608

943, 323831, 811772, 042748, 940871, 154870, 981

1, 065, 223

964, 141843, 210946, 557941, 748

1, 002, 368891, 361800, 356797, 130786, 604

1, 081, 821881, 598

1,229,657

842, 880939, 608

1, 054, 3671, 054, 8721, 143, 7521, 038, 711

975, 509994, 920897, 435

1, 460, 0561, 095, 9251,271,312

1, 042, 886898, 870

1, 128, 6361, 073, 254

i* *- »• p

Thousandsof dollars

2, 341, 1372, 366, 7722, 506, 1602, 959, 4793, 437, 191

3, 671, 4395, 952, 1147, 112, 5295, 949, 095

6, 728, 4338, 271, 4158, 954, 992

10, 756, 762

465, 080467, 365 ;558, 321534, 472559, 047521, 158454, 127435, 384422, 116481, 382457, 299593,344

466, 918502, 996591, 601576, 336 !590,990 !586, 878544, 529523, 453473, 504545, 847558, 951766, 430

561, 207 !568,672 i728, 572753, 361752, 163 !765, 098 !651, 203 |622, 533 !575, 752641, 607fi68, 846 ;£82, 401 1

696, 526 !650, 834810, 949769, 420 i795, 560736,349 i694, 872 i637, 453 '589,608 1821, 103 ;704, 501

1, 047, 817 j

740, 052 !762, 891 !889, 172 ;901,516 ;955, 482883, 873876, 771915, 554738,434 !927,862 i905, 923 i

1,259,232 !

843, 727855,299 i

1, 027, 025968, 321

1 Compiled by the Association of Life Insurance Presidents, representing new paid-for business, exclusive of revivals, increases, and dividend additions, as reported by45 companies having in force 81 per cent of the total legal reserve life insurance outstanding in the United States at the end of 1924.

24

NEW DETAILED TABLES

COST OF LIVING INDEXES(Relative to July, 1914, as 100)

NATURAL GAS GASOLINE 2

(Thousands of gallons)

MONTH

1923 1924

Fuel

JanuaryFebruary..MarchApril

May..JuneJulyAugustSeptember.._

OctoberNovember—.December

Monthly av_

208208206197

194194192192192

194193193

197

Light

123123123123

123123123123123

123120120

Fuelandlight

179179178172

170170169169169

170168

123 172

Fuel

192191187181

177177178178179

181182183

182

Light

120120120120

120120121121121

121121121

Fuelandlight

168167164160

158158159159159

161161162

121 161

1935 1926

Fuel

183183182176

174175176177181

183190188

LightFuelandlight

181

121121121121

121121121121121

121122122 j

121

162162161157

156157157158161

162167166

=====161

Fuel

189195190

Light

122118118

Fuelandlight

YEAR

166169166

1911.19121913.1914.19151916....19171918....19191920-.-1921..1922..1923.19241925.

Produc-tion

7,42612,08124,06142, 65365,365103,493217,884282, 536351, 535384, 744449,934505, 832816,226933,861

1,104,900

MONTH

1935JulyAugustSeptember.OctoberNovember.December. .

1926JanuaryFebruary..MarchAprilMayJune

Production;

90,80092,70093,100102,100102, 800107, 600

106,000100,000113,147

DISTRIBUTION OF CORN SIRUP AND STARCH(In thousands of pounds)

FURNITURE—GRAND RAPIDS DISTRICT «

USE

Mixed sirupManufacturing confection-

eriesJams, jellies, and preserves.BakersBrewers (body sirup)

Technicals (textiles, paper,etc _.

Tobacco manufacturersIce cream manufacturers...Miscellaneous dealers, etc..

Total for domestic con-sumption

Exported

Total distribution..

Bakers and millersBaking powder.Brewers (refined grits)ConfectionersChemists, colors and ex-

plosives _

CORN SIRUP (GLUCOSE)Unfilledordersend mo.

1919

635, 783

412, 38829,94438,16124,512

8,60014, 226

69166,101

1, 230,406175, 293

1, 405, 699

1920

610, 690

350, 28129, 06336, 55920,181

7,9648,5881,50847,594

1,112,428123, 667

1, 23.6, 095

1921

298,086

328, 67520,05230,703

6,25814, 224

81756,205

778,013221, 581

999, 594

1923

315, 704

393, 29826, 58839, 5987,752

6,5036,431604

72,395

868, 873211, 563

1, 080,436

1923

304,147

408,06322,45947, 3307,822

9,9604,9341,13863,247

867,100137, 590

1, 006, 690

1934

410,514

425, 88632, 52763, 02510,486

8,6915,389658

68, 268

1, 025, 444170, 328

1,195, 772

1925

319, 888

448,95524,32748, 01211,715

8,5204,485

68056, 555

923,137137, 038

1, 060,175

STARCH

13, 53340, 5829,59517, 853

16, 93751, 6224,24616, 612

23,899 i 25,318

DextrinePaper,paste, asbestos, etc...Dealers and repackers(bulk)Grocers (packages)__.

Laundry (bulk)Cotton mills, etcMiscellaneous

Total for domestic con-sumption

Exported

Total distribution.

14,60125, 667109, 782121,988

12,49665, 0189,633

20,62535,830117,303135, 038

12, 88795,06114,904

464,647 ! 546,383234,754 I 124,808

19,401 | 671,191

20, 50353, 7364,39618,725

21,601

13, 25626,49993, 965147, 877

11,906106, 59320,683

539,740265,048

804, 788

24,47252,2905,89825, 459

25, 439

24, 51245, 35391, 718176, 722

22,871120, 89249, 701

665, 327358,889

1, 024, 216

20,35042,8282,66426,800

27, 200

26, 28445, 20366,471148,649

21,747110,34241,447

579, 985207,764

787, 749

19, 46954,3881,723

31, 889

31,856

30, 60251, 37968,883149,291

17,195106, 93043, 873

607, 478268,930

18, 73942, 585

99333, 399

24, 325

27, 52551, 28163, 724136,311

14. 781107, 30342,851

YEAR ANDMONTH

1923JuneJulyAugustSeptember.OctoberNovember.December..

1934JanuaryFebruary._MarchAprilMayJuneJulyAugustSeptember.OctoberNovember.December _ _

1925JanuaryFebruary _ _MarchAprilMayJuneJulyAugustSeptember.OctoberNovember.December..

1926JanuaryFebruary ._March

563, 817235,105

876,408 798, 922

New Ship-orders ments

Number days'production

64726769635850

8447413845666568697254

807254434756636468686856

8278

34252128282212

522120171428372233353012

572222141827343034323415

532325

21242625352720

242627231716232329342626

262829331817252529333226

272830

Out-stand-

ingaccts.end

mo.—Num-

berdays'sales

67646058525353

545758585665636358485454

606055605151566064595551

515452

Can-cella-

tions—Per ct.of neworders

10129

142430

5.54.5

1413254.56

109.5

30

44.5

11202010

5.5910.525

4.5913.5

Plantopera-tions—Per ct.of fulltime ,

1009598979998.593.5

100101

9285959810110098.5

10010098.5969693.595969410010199.5

10098

100

1 Segregation of the fuel and light indexes from the National Industrial Conference Board.2 Compiled by the U. S. Department of Commerce, Bureau of Mines, comprising the entire industry.3 From data compiled by the Associated Corn Products Manufacturers, comprising total distribution of these products by manufacturers.* Compiled by Seidman and Seidman from reports of representative manufacturers of furniture in the Grand Rapids district. Owing to variation in the number of

firms reporting each month, the figures have been shown in number of days' production or sales, based on current ratios, or as percentages. The original data are basedon value.

25

TREND OF BUSINESS MOVEMENTS

The following table contains a summary of the monthly figures, designed to show the trend in importantindustrial and commercial movements. These data represent continuations of the figures presented in thelatest semiannual number (February, 1926), in which monthly figures for 1924 and 1925 may be found, togetherwith explanations as to the sources and exact extent of the figures quoted. The figures given below shouldalways be read in connection with those explanations. Data on stocks, unfilled orders, etc., are given as of theend of the month referred to. For explanations of relative numbers, including base periods, see introductionon inside front cover.

The cumulatives shown are throughApril except where otherwise noted.Earlier data for items shown heremay be found on pages 26 to 151 ofthe February, 1926, "Survey"

TEXTILES

Wool

Receipts at Boston:Total thous. oflbs..Domestic.. thous. of lbs._Foreign thous. of lbs._

Imports, unmanufactured thous. oflbsConsumption by textile mills,

grease equivalent thous. of lbs_.Stocks (quarterly), grease equivalent :

Total thous. oflbs..Held bv manufacturers thous. of IbsHeld by dealers . thous. oflbs _

Machinery activity, hourly:Looms —

Wide _ per ct. of hours activeNarrow per ct. of hours activeCarpet and rug.per ct. of hours active--

Sets of cards per ct. of hours activeCombs per ct. of hours active--Spinning spindles —

Woolen per ct. of hours activeW7orsted per ct. of hours active--

Prices:Raw, Ohio,^ blood, unwashed ° dolls per Ib

Raw, territory fine,scoured0 dolls perlb

Worsted yarn ._ .dolls, per lb_.Womeu's dress foods-

French serge dolls per ydMen's suitings. dolls per yd

Cotton

Ginnings (crop year total) thous. of bales .Receipts into sight thous. of balesImports, unmanfactured _ _ bales..Exports, unmanufactured

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

Total, mills and w'houses._thous. of bales..iVIills thous of balesWarehouses thous of bales

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

Machinery activity of spindles:Active spindles thousandsTotal activity millions of hours

Per cent of capacity per centPrices:

Raw cotton —To producer dolls per IbIn New York dolls per Ib

Cotton finishing:Billings, finished goods (as

produced) thous. of yds..Orders received,

gray yardage thous. of yds..Shipments, finished goods. .cases..

Operating activity per ct. of capacity..Cotton goods: b

Total (9 classes)—Production thous. of yds..Stocks thous of ydsUnfilled orders thous. of yds_.

Sheetings—Production thous of ydsStocks thous. of yds._Unfilled orders thous. of yds..

1936

January

29, 8834,767

25, 11645, 102

41, 446

i 346, 6781 175 898i 170, 780

6763687785

7271

.54

1.281.55

.803.60

1,15562, 061

749, 967583, 192

6,9871,8115,176

6,7745,238

32, 8038,359

22198.7

.172

.208

78, 170

87, 18846, 67941, 111

62

229, 453220, 486279, 025

57, 01531, 10564. 378

February

31, 3795,098

26, 28135, 321

40, 492

6362707685

7075

.53

1.261.55

.803.60

75238, 355

556, 185567, 244

6,5751,8314,744

6,6434,930

33, 0298,094

214102.8

.177

.206

82, 370

85, 05546, 92241,006

71

199, 153208, 154239, 957

46, 61222, 36062, 689

March

45, 06011, 63433, 42648, 002

43, 932

331, 324176, 520154, 804

6261707879

7370

.48

1.211.50

.803.51

70145, 726

519, 732634, 593

5,9301,7684,163

5,9574,278

33, 2339,163

242102.1

.165

.194

98, 321

97, 43654, 45241, 329

74

197, 474211, 352228, 503

45, 25420, 19653, 992

April

38, 9058,857

30, 04832, 653

40, 093

5962637573

7262

.44

1.151.45

.733.51

61833, 464

516, 494575, 799

5,1701,6393,531

5,4863,805

32, 8938,348

22198.2

.166

.192

90, 938

79, 60649, 30142, 350

67

193, 119234, 247201, 412

46, 28124, 56142, 378

1935

February

18, 2854,807

13, 47837, 725

46, 415

7569819388

9074

.68

1.651.90

.803.78

86459, 902

811, 838550, 775

4,6161,5423,073

5,6454,328

33, 3597,893

208100.5

.230

.247

81, 650

83,29347, 96136, 101

66

March

32, 8865,475

27, 41135, 791

45, 853

305, 958179, 244126, 714

7168869477

9266

.63

1.581.80

.803.78

81133, 955

740, 076583, 407

3,6621,6342,028

5,3233,790

33, 2178,615

228100.0

.245

.256

94, 039

86, 77648, 87936, 121

69

April

19, 2154,075

15, 14028, 911

43, 287

6868768967

8760

.54

1.421.75

.803.78

49522, 409

472, 555596, 541

3,1771,5111,666

4,5452,942

33, 4108,520

225100.2

.237

.244

88, 986

76, 50545. 77639, 296

64

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

April,1926,from

March,1926

-13.7-23.9-10.1-32.0

-8.7

-4.4+0.4-9.4

-4.8+1.6

-10.0-3.8-7.6

-1.4-11.4

-8.3

-5.0-3.3

-8.70.0

-11.8-26.8

-0.6-9.4

-12.8-7.3

-15.2

-7.911 1

-1.0'-8.9-8.7-3.8

+0.6-1.0

-7.5

-18.3-9.5+2.5-9.5

-2.2+10: 8— 11.9

+2.3+21.6-21.5

April,1926,fromApril,1925

+102. 5+117.3+98.5+12.9

-7.4

+8.3-1.5

+22.2

-13.2-8.8

-17.1-15.7+9.0

-17.2+3.3

-18.5

-19.0-17.1

=11

+24.8+49.3

+9.3-3.5

+62.7+8.5

+111.9

+20.7+29.3

-1.5—2.0-1.8-2.0

-30.0-21.3

+2.2

+4.1+7.7+7.8+4.7

CUMULATIVE TOTALFROM JANUARY 1THROUGH APRIL 30

1935

109, 37317, 77591, 598

149, 931

186, 990

2 13, 6393,549

171, 088

3, 100, 5442, 324, 733

345, 849

331, 033191, 935

1

1936

145, 22730, 356

114, 871161, 078

165, 963

2 16, 1233,226

179, 606

2, 342, 3782, 360, 828

349, 799

349, 285197, 354

Percentin-

crease(t}

or de-crease(-)

cumu-lative1926from192.1)

+32.8+70.8+25.4+7.4

-11.2

+18.2-9.1+5.0

-24.5+1.6

+1.1

+5. 5+2.8

1 Quarter ending Dec. 31,1925.2 Total for crop year.

1 See table, p. 29 of the May, 1926, issue for earlier data.> See table on p. 26 of the May, 1926, issue for earlier data.

26

TREND OF BUSINESS MOVEMENTS—Continued

The cumulatives shown are throughApril except where otherwise noted.Earlier data for items shown heremay be found on pages 26 to 151 ofthe February, 1926, "Survey"

TEXTILES— Continued

Cotton— Continued

Cotton goods— Continued.Print cloth —

Production thous of ydsStocks thous. of yds_.Unfilled orders thous of yds

Pajama checks-Production thous of ydsStocks thous of ydsUnfilled orders thous of yds

Drills and twills (40" and narrower)—Production thous of ydsStocks thous. of yds.1Unfilled orders thous of yds

Pocketing twills and jeans —Production thous of ydsStocks thou^ of ydsUnfilled orders thous of vds

Osnaburgs—Production thous of ydsStocks. thous of ydsUnfilled orders thous of yds

Heavy warp sateens —Production thous of ydsStocks thous. of yds. _Unfilled orders thous. of yds..

Drills, twills, sheetings, and sateens (widerthan 40")—

Production thous of ydsStocks thous of ydsUnfilled orders thous of vds

Colored goods-Production thous of ydsStocks thous of ydsUnfilled orders thous of yds

Cotton cloth exports t'hous. of sq. vds"Fabric consumption

by tire manufacturers thous. of lbs_.Elastic webbing sales thous of ydsFine cotton goods, production piecesPrices:

Cotton yarn—22/1 cones Boston dolls per Ib40/ls, New Bedford dolls perlb"

Print cloth, 64 x 60 dolls, per yd"Sheeting, brown dolls per ydCotton goods (Faircnild).. .index number.".

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

At warehouses _ .balesAt manufacturers' plants bales

Price, Japanese, New York dolls, per Ib.Silk machinery activity:

Broad looms per cent of normalNarrow looms per cent of normalSpinning spindles per cent of normal

Clothing

Men's and boys' garments cut:Suits _ thous. of garmentsSeparate trousers. thous. of garmentsOvercoats.. _ thous. of garments

Work clothing:Cut . . dozen garmentsNet shipments. _ dozen garmentsStocks, end of month dozen garments

Hosiery

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

Knit Underwear

Production . thous. of dozensNet shipments thous of dozensStocks, end of month thous. of dozensNew orders thous of dozensUnfilled orders, end of mo. -thous of dozens..

1926

January

80, 83529, 99686, 696

4,796921

7,080

17, 13617, 07214,811

4,2987,0913,309

7,1998,357

16, 429

1, 5871,2191,384

6, 8511,586

19, 052

49, 736123, 13965, 88641, 017

13, 19810, 875

427, 234

.403

.550

.087

.101176

6,82146, 148

47,32632, 054

6.71

93.959.1

101.7

1,5691,736

223

231, 421187, 349345, 229

3,6723,1466,1563,6997,242

1, 0601,081

9931,3732,736

February

66, 95233, 56962, 111

4,404914

10, 461

14, 49916, 97111,517

3,3247,1532,140

7,3807,536

18, 532

1,3261,037

984

7,3671,798

15, 177

47, 289116,81656, 34637, 626

13, 25110, 892

397, 463

.399

.545

.086

.101175

6,91942, 476

43, 41831, 118

6-66

92.659.2

103.4

1,6771,673

238

242, 467213, 248333, 286

3,5923,2546, 4103,3226,329

1,0941,0571,4461,0482,966

| !

March April \

65, 55332, 50356, 757

4,8391,212

22, 352

13, 29518, 3948,446

3,0927,0371,608

8,1457,523

15, 427

9811,201

906

7,0613,250

12, 435

49, 254120, 03656, 58041, 344

14, 19811,983

452, 349

.384

.540

.080

.098170

5,05439, 400

35, 948

i 6.03

92.062.5

I 101. 1

1, 6581, 854

267

i 284, 110256, 705346, 406

3,9373, 7736,4834,0756,457

1,2441,2071,1541, 0372. 772

65,74742,841 '47,411

5, 6241, 360

26, 873

12, 39420, 0734, 757

2, 4507,5731, 170

6,8447, 151

11,643

9021,376

418

6,1445,258

M, 4SH

46, 733124, 05456, 27952, 308

13, 930

419, 510

.374

.528

.077

.098166

6,00337, 276

30, 122

5.49

i

1

1925

February

39, 660

13, 36413, 798

388, 053

.430

.569

.095

.107194

5,25937, 529

60,24924,2 2

6.22

80.256.583.1

1,6261,562

245

252, 861213, 031325, 958

3,7033,3725,9643,8527, 705

1, 201! 1.1Q8

l i ilnsni 1, 254• 3,614

March

51, 520

15, 04114, 273

444, 886

.430

.589

.0964.108

196

5,71445, 157

46, 66327, 761

5.83

83.458.585.3

1,8431,574

233

290, 448251, 365344, 714

4,0393,7915,9454,0967,730

1,3251,2451,1031,2103,472

April

52, 378

14, 90215, 535

449, 266

.420

.580

.094

.106194

4,94740, 040

39, 27126, 540

5.98

90.059.486.9

1,2761,689

197

266, 256227, 518345, 478

4,0303,6484,8744, 3457,937

1,3291,1841,2081,0333,333

PER CENT IN- !

CREASE (+) ORDECREASE ( — )

April,1926,from

March,1926

+0.3+31.8-16.5

+16.2+12.2+20.2

-6.8+9.1

-43.7

,-20.8+7.6

-27.2

-16.0-4.9

-24.5

-8.1+14.6-53.9

-13.0+61.8-15.7

-5.1+3.3-0.5

+26.5

-1.9

i-r 0

-2.6-2.2-3.7

0.0-2.4

+18.8-5.4

-16.2

-9.0

|

•April,1926,from

April,1925

-0.1

-6.5

-6.6

-11.0-9.0

-18.1-7.5

-14.4

+21.3-6.9

-23.3

-8.2

CUMULATIVE TOTALFROM JANUARY 1THROUGH APRIL 30

1925

:::::::::.

_

195, 377

55, 6183 41, 226

1, 702, 109

22, 554162, 611

1936

"

|"

172, 295

69, 4793 33, 750

1, 696, 556

Percentin-

crease(+)

or de-crease(-)

cumu-lative1926 Jfrom1925

-11.8

+24.9-18.1-0.3

24, 797165, 300

3 5, 0473 4, 740

3685

3 781, 1173 678, 491

3 4, 9043 5, 263

3 728

3 757, 9983 657, 302

3 11, 403 3 ii, 2013 10, 369 3 10, 173

312,348 s 11,096

3 3, 605 ! 3, 39833,551 ' '3,345

3 4, 296 : •' 3, 458

+9.9+1.7

-2.8j +11.0

+6.3

-3.0-3.1

-1.8-1.9

-10.1

i1-5.7-5.8

-19.5

3 Cumulative through Mar. 31. 4 Revised.

27

TREND OF BUSINESS MOVEMENTS—Continued

The cumulatives shown are throughApril except where otherwise noted.Earlier data for items shown heremay be found on pages 26 to 151 ofthe February, 1926, "Survey"

TEXTILES— Continued

Burlap and FibersImports:

Burlap thous of IbsFibers (unmanufactured) long tons. -

Pyroxylin Coated Textiles

Pyroxylin spread thous of IbsShipTnents billed thnjip. of linear ydsUnfilled orders, end of mo.thous. of linear yds_.

Fall River Mill Dividends

(Reported quarterly}

Total thous. of dollars. .Ratio to capitalization. ..per cent per quarter..

FURPurchases. _ .thous. of dollars. _Sales of garments thous. of dollars .

BUTTONS

Fresh-water pearl buttons:Production per ct. of capacity..Stocks, end of month thous. of gross..

IRON AND STEEL

IronIron ore:

Shipment from mines _thous. of long tons..Consumption thous. of long tons .Stocks-

Total thous. of long tons..At furnaces thous. of long tonsOn Lake Erie docks. thous. of long tons_.

Pig-iron production:Total thous. of long tons..Merchant furnaces thous. of long tons..

Furnaces in blast, end of month:Furnaces numberCapacity. _ long tons per day .Per 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 tonsShipments . . ..tons _Orders booked.. tons..Operating activity per ct. of capacity--

Wholesale prices:Foundry No. 2,

Northern dolls per long tonBasic (valley furnace) dolls, per long tonComposite pig iron dolls, per long ton_.

Cast-iron Boilers and Radiators d

Round boilers:Production thous. of IbsShipments thous ofibs

Square boilers:Production thous. of IbsShipments thous of Ibs

Radiators:Production *>Q ft of heating surfaceShipments sq. ft. of heating surface

Crude Steel

Steel ingots, production thous. of long tons..Steel castings: «

Total bookings short tonsRailroad specialties short tonsMiscellaneous bookings short tons _ _

17. S. Steel Corporation:Unfilled orders,

end of month thous of long tonsEarnings. thous. of dolls..

1926

January

64,49336, 715

2,3101,9271,639

1299J. 634

1,063890

45.111, 471

5,043

32, 03525, 4126,623

3,316716

224104, 065

59.3

16, 79722, 087

76.07764

72, 41752, 28761, 120

69.2

22.2620.0022.29

19, 08713, 087

20, 80213, 846

15, 34210, 004

4,150

106.1865i; 55754, 629

4,88313,810

February

47,39027, 235

2,3201,9712,080

4,098626

50.211,371

4,389

27, 67721, 5936,084

2,923651

226104, 800

60.3

16,12321,801

73.99169

62, 57459, 84554, 118

59.7

22.2620.0022.31

21, 24012, 928

19, 47112, 736

15, 3609,770

3,802

* 93, 36441, 236

« 52, 128

4.61714, 385

March April

63, 65336, 701

2,8852,3131,696

299.702

2,483807

53.012, 117

5,160

22, 61117, 1205,491

3,442781

236114,000

63.3

21, 16223, 424

90.311178

70,47465, 98955, 027

67.6

22.2620.0022.27

23, 54914, 288

20, 27412, 266

15, 7408,810

4, 488

4 104, 950< 44, 507* 60, 443

4,38016,866

68, 81634, 257

2,5172,1271,687

----------

52.412, 101

105,192

17, 70813. 1334,575

3,450773

237115, 150

63.5

16, 90819, 660

86.010072

20.7618.6321.53

4,124

85, 99023, 56462, 426

3,868

! PER CENT IN-1925 i CREASE (+) OR

DECREASE ( — )

February

56, 52425, 273

1,9231,671

| 1, 593

5,742913

41.612,836

5,000

26, 20720, 1846,023

3,214674

254115, 700

63.0

17, 60524, 626

71.410658

56, 39957, 04246, 193

| 53. 4

23.7622.0023.21

i18,05412, 183

19, 97313, 514

12 3498,898

3 752

76, 51435, 35641,158

5, 28512. 358

March

56, 17529, 559

2,5372,2541,498

6411.440

2,3443,878

43.612,601

5,490

20,79115, 6955,096

3,564751

245112, 380

61.1

21, 03528,048

74.99464

57, 30458, 99952, 962

53.6

22.8621.3022.87

19, 64914, 064

20, 16314, 431

11, 5279, 463

4, 194

75, 53729, 78945, 748

4,86414, 498

April,1926,

April fromi March,

1926

53, 07623,592

2,4781,7521,801

1, 9341,666

45.512, 527

2, 1214,813

17, 31213,0094,303

3,259744

220103, 080

55.1

19, 95426, 947

74.09254

59, 04658, 61054, 145

55.4

21.8920.1321.70

20, 24518, 073

20, 56017, 657

12, 62511,565

3,584

74, 54129, 86144, 680

4,447

+8.1-6.7

-12.8-8.0-0.5

j

0 0+10.7

-1.1-0.1

+0.6

-21.7-23.3-16.7

+0.2-1.0

+0.4+1.0+0.3

-20.1-16.1

! -4.8-9.9

i

' -6.71 -6.8i -3.3

April,1926,fromApril1925

+29.7+45.2

+1.6+21.4

—6.3

—53 4-51.2

+15.2-3.4

-99.5+7.9

+2.3+1.0+6.3

+5.9+3.9

+7.7+11.7+15.2

-15.3-27.0+16.2+8.7

+33.3

-5.2-7.5-0.8 1

!

-8.1

-18.1-47.]+3.3

-11.7

+15.1

+15.4-21.1+39.7

-13.0

CUMULATIVE TOTALFROM JANUARY 1THROUGH APRIL 30

1925

222, 015111, 566

8,8797,527

9,5764,089

20, 545

13, 4072,847

75, 110102, 979

3 176, 5323 230, 3233 211, 347

_. . _

3 55, 3153 38, 134

3 60, 6883 41, 822

3 37, 1573 28, 739

15, 723

325, 295144, 687180, 608

1926

244, 152134, 908

10, 0328,338

7,6442,323

19, 784

13, 1312,921

70, 99086, 972

3 205, 4653 178, 121s 170, 265

3 63, 876s 40, 303

3 60, 5473 38, 848

3 46, 4423 28, 584

16, 564

390, 490160, 864229, 626

3 39, 883 s 45, 061

Percentin-

crease(t}

or de-crease(-)

cumu-lative1926from1925

+10.0+20.9

+13.0+10.8

-20.2-43.2

-3.7

-2.1+2.6

-5.5-15. 5

+16.4-22.7-19.4

+15.5+5.7

-0.2-7.1

+25.0-0.5

+5.3

+20.0+11.2+27.1

+13.0

i Quarter ending Dec. 31, 1925.s Cumulative through Mar. 31.4 Revised.* See table, page 25 of the March, 1926, issue for earlier data.

<• See table on p. 24 of the March, 1926, issue for earlier data.° See table on p. 14 of the May, 1926, issue for earlier data.f See table, p. 27 of the May, 1926, issue for earlier data.

28

TREND OF BUSINESS MOVEMENTS—Continued

The cumulatives shown are throughApril except where otherwise noted.Earlier data for items shown heremay be found on pages 26 to 151 ofthe February, 1926, "Survey"

IRON AND STEEL— Continued

Crude Steel— Continued

Sheets, blue, black, galvanized and full finished:Production (actual)-. .short tons._Production per ct of capacityStocks, end of month-

Total short tonsUnsold short tons_.

Shipments short tons _Sales. ._ _ _ _ _ _ _ _ . _ - - _ .short tons _Unfilled orders, end of month -.short tons_.

Steel barrels:Production barrelsShipments _ _ _ _ barrels -Stocks, end of month barrels ._Unfilled orders, end of month barrels. _

Wholesale prices:Steel billets, Bessemer _.dolls. per long ton..Iron -and steel dolls per long tonComposite steel dolls, per 100 IbsStructural steel beams.. dolls, per 100 lbs_.

Steel Products

Iron and steel:Exports (selected series) long tonsExports (total) long tons _Imports _ long tons

Structural steel, fabricated:Bookings (prorated) short tons..Bookings per ct of capacityShipments (prorated) _ - .short tons .Shipments per ct of capacity

Steel plate, fabricated, bookings;Total -. -. _ short tons _Oil storage tanks short tons..

Trackwork: /Production short tons

Steel furniture:Business group —

Shipments thous. of dollars _Orders received thous. of dollarsUnfilled orders thous of dollars

Shelving —Shipments _ _ .thous. of dollars _Orders received thous. of dollarsUnfilled orders thous. of dollars..

Machinery

Machine tools, orders .. index number _Washing-machine sales:

Total .-_ number--Electric number--

Foundry equipment:Sales dollars. _Shipments dollars. _Unfilled orders .. , _ _ dollars _

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

Patents issued:Total, all classes. _ number .Agricultural implements - .number. .Internal-combustion engines number. .

Stokers:Sales number. _Sales _ _ horsepower

NONFERROUS METALS

CopperProduction:

Mines .. short tons .Smelter, . short tons. _Kefined (North and South America)

short tons..World production, blister.. short tons..Domestic shipments, refined short tons..Exports short tonsStocks (North and South America):

Refined short tons..Blister short tons. _

Wholesale price, electrolytic.. dolls, per lb._

1928

January

328, 643104.4

165, 96655, 295

333, 485253. 323609, 203

468, 722469, 43245, 390

1, 765, 846

35.0039.182.652.00

150, 972174, 58571, 838

179, 95059

207, 40068

25, 0778,165

15, 197

2,4342.6521,761

578582585

145

68, 75354, 557

414, 121445, 377501, 793

1,3531,2122,997

3,1386334

7236, 913

71, 02678, 576

113,974129, 51867, 82933, 648

81, 686251, 096

.1382

February

299,553 i100.9 !

165, 44551,648

290,026 j181,101523,882 !

522,486 j

518, 10449, 772

1,697,328 !

35.0038.95 !2.63 ;2.00

130,533 !157, 187 i92, 681

183,000 !60

195, 20064 i

30,809 !9,630 i

16,078 |

2, 184 i2,2731,834

604656 i634

146

77,164 i61,509

472,814422, 004536,978 i

1,3351,3102,999

3,5645554

8333, 141

68, 13175, 630

110, 538126, 18570, 40630, 506

86, 3544 251,947.1400

March

319, 13294.2

173, 38161, 433

320, 623304, 233534, 641

622, 949622, 31250, 409

1, 645, 066

35. 0038.902.632.00

142, 061169, 43883, 808

207, 40068

247, 05081

4 29, 7634 6, 531

19, 586 .

2,3882,2891,718

726584605

183

92, 83274, 859

483, 010525, 655504, 671

1,6851,4383,222

3,5067269

13252,312

4 75, 7284 80, 719

121, 7984 134, 485

88, 57339, 244

75,206* 261, 870

. 13S6

April

294,81191.0

184, 28962, 604

288, 759249, 866472, 448

602, 058608, 056

44, 4111, 279, 159

35.0038.602.642.00

162, 924194, 44998, 442

216, 55071

244, 00080

32, 7366,042

2,3232,3561,576

699704571

134

434, 626402, 494506, 214

4, 6394655

14570, 055

73,00686, 136

116,302136, 93775, 03044, 926

72, 644265, 698

1 . 1371

1S25

February

283, 29096.5

159, 66153, 717

255,080i 235, 980| 565, 133

413, 823407, 781

i 64, 4021,336,124

37.0041. 132.832.10

77, 989i 102, 299

85, 872

176, 90058

186, 05061

20, 8053, 32,1

14, 362

1,9391,9861,501

444539453

114

i 66, 72053, 038

326, 887277, 856446, 895

1,0881,0672, 422

3,3204560

i 13546, 298

68, 96778, 237

109, 241122, 97563, 92432, 101

j

March

290, 30890.7

151, 78857, 714

279, 437263, 666550, 422

505, 429510, 928

57, 6031, 264, 860

36.7040.702.762.10

126, 154155, 38484, 376

210, 45069

222, 65073

22, 5022,908

17,925

2,0282,0121,483

540607515

134

73, 73961, 108

469, 325348, 590539, 540

1,5421,3192,627

4,1467783

13171, 099

74, 90187, 109

109, 241135, 35963, 92362, 728

122, 3482fiO 4fifi

i . 1446 i . 1400

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

1 April,1926,

April | from; March,

1926

280, 08287.5

137, 49951, 264

263, 174193, 949463, 425

594, 971605, 42447, 048

1, 137, 552

35.5039. 432.732.10

122, 186155,375 i65, 649

231, 80076

231, 80076

22, 4306,547

16, 752

2,0091,9651,468

651567 ;436

131

77, 00462, 925

345, 908325, 952539, 232

1,4711,3542,975

3,9337162

12047, 627

70, 66779, 149

112, 434124, 51064, 72653, 119

. 1325

-7.6-3.4

+6.3+1.9-9.9

-17.9-11.6

-3.4-2.3

-11.9-22.2

0.0-0.8+0.4

0.0

+14.7+14.8+17.5

+4.4+4.4-1.2-1.2

+10.0-7.5

-2.7+2.9

8 3

-3.7+20.5-5.6

-26.8

April,1926,from

April,1925

+5.3+4.0

+34.0+22.1+9.7

+28.8+1.9

+1.2+0.4-5.6

+12.4

-1.4-2.1-3.3-4.8

+33. 3+25.1+50.0

-6.66 6

+5.3+5.3

+45.9— 7. 7

+15.6+19.9+7.5

+7.4+24.2+31.0

+2.3

-10.0-23.4+0.3

1

+32. 3-36.1-20.3

+9.8+33.9

-3.6+6.7

-4.5+1.8

-15. 3+14.5

—3 *

+25. 6+23.5-6.1

+18.0-35.2-11.3

+20.8+47.1

+3.3+8.8

+3.4+10.0+15.9-15.4

+ 1 5

CUMULATIVE TOTALFROM JANUARY 1THROUGH APRIL 30

1925

1, 171, 104

1, 081, 336934, 635

1, 934, 3501, 939, 173

443, 044554, 835308, 818

793, 000

817, 400

92, 80117,090

3 43, 353

7,9488,170

2,1522,235

2 197, 7643 160, 353

1, 446, 8451, 257, 979

3 3, 7783 3, 332

14, 456247255

443192, 895

289, 324327, 171

440, 156513, 154256, 497

i 197, 560

-1.1 +3.5

1936

1, 242, 139

Pei-centin-

crease(+)

or de-crease(-)

cumu-lative1926from1925

+6.1

Ii j

I, 232, 893988, 523

2, 216, 2152, 217, 904

+14.0+5.8

+14. 6+14.4

! {;

586, 490695, 659346, 769

786, 900

893, 650

118,385&X368

350,861

9,3299,570

+32.4+25.4+12.3

-0.8

+9.3

! +27.6+77.7

+17.3

+17.4+17.1

2, 607 +21. 12,526 i +13.0

3 238, 7493 190, 925

1, 804, 5711, 795, 530

3 4, 3733 3, 960

14, 847236212

432192, 421

287, 891321, 061

462,612527, 125301, 838148, 324

+20.7+19.1

+24. 7+42. 7

+15.7+18. 8

+2.7-4.5

-16.9

-2.5-0.2

-0. 5-1.9

: +5.1i +2.7! +17.7

-24.9

/ See table, p. 13 of the May, 1925, issue for earlier data. 3 Cumulative through Mar. 31. 4 Revised.

29

TREND OF BUSINESS MOVEMENTS—Continued

The cumulatives shown are throughApril except where otherwise noted.Earlier data for items shown heremay be found on pages 26 to 151 ofthe February, 1926, "Survey"

NONFEBBOUS METALS-Contimied

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

Tin

Deliveries (consumption) long tonsStocks, end of month:

World visible supply long tons..XJnited States long tons..

Imports long tonsWholesale price, pig tin dolls, per Ib

Zinc

Retorts in operation, end of month. ..number _.Production short tonsStocks, end of month short tonsOre, Joplin district:

Shipments short tonsStocks, mines, end of month... short tons..

Price, slab, prime western dolls, per l b _ _

Lead

Production... short tons..Ore shipments, Joplin district short tonsReceipts of lead in U. S. ore .short tonsStocks, U. S. and Mexico, end mo. .short tons..Price, pig desilverized (New York) dolls, perlb..

Babbitt Metal

Consumption:Total apparent thous. of lbs_.Direct by producers ..thous. of lbs._Sale to consumers thous. of Ibs. _

ArsenicCrude:

Production short tonsStocks _ short tons

Refined:Production ... __ _ _ _ .short tonsStocks short tons

Farm Implements

Sales in Northwest....: thous. of dolls. .

Band Instruments <•Sales:

Total dollars..Cup mouthpiece dollars..Saxophones dollars. _Woodwind _ . _ ._ __ dollars

Electrical Equipment •'

Electrical porcelain, shipments:Total dollarsStandard dollarsSpecial _ dollarsHigh tension dollars

Laminated phenolic products, shipmentsdollars

FUELS

Coal and CokeBituminous:

Production -thous. of short tonsExports thous. of long tons .Consumption—

By vessels thous. of long tons..By electric power

plants thous of short tonsBy railroads thous of short tonsIn production of

coke * - ---thous. of short tonsPrices-

Mine average, spot dolls, per short tonWholesale, Kanawha, f. o. b.

Cincinnati . dolls, per short tonRetail. Chicaeo.. .dolls. Der short ton_.

1926

IJanuary February

|

376, 875310, 120

109. 79

551, 408455, 876

7,340

16, 7872,1047,031.6142

96,22956, 38914,300

76, 57925, 201.0830

50, 79611,97646, 307

104, 663.0926

5,1531,4443,708

3863,433

2585, 950

7 181

464, 916157, 097289, 254

18, 565

273, 38093, 811

134, 72644, 843

567, 748

53, 662993

330

3,7239,155

7,644

2.18

3.499.48

239, 507234, 164

109. 74

344, 264351, 174

6,250

16,2393,3996,501.6265

87, 65153, 23720,341

77,09321, 528.0776

47, 60412, 30443, 752

105, 417.0915

5,1401, 2723, 868

3573,540

5365,675

7 370

528, 335182. 183326, 791

19, 361

280, 32093, 540

144, 03142, 749

489, 884

46, 5771,013

305

3,3138,351

7,241

2.09

3.399.34

March

230, 262217, 435109.89

257, 336298, 742

6,835

14, 2802,4946,699.6347

89, 49754, 41120,561

71,91124, 107.0733

52, 33110, 05646, 309

112, 637.0839

5, 8611,0084,853

4603,414

7645,976

7 554

622, 248214, 590385, 11922, 539

322, 58998, 818

172, 50651, 265

603, 372

46, 1371,143

423

3,482

7,252

2.01

3.398.99

April

192, 666187, 261109. 21

7,105

15, 5161,3545,912.6196

89, 33353, 33425, 990

64, 72222, 995.0700

47, 6108,435

. 0797

5,2291,4123,817

533, 728198, 628312, 13022, 974

40, 0791,094

401

6,723

1.92

3.398.39

1925

February

260, 893216, 019116. 14

394, 882550, 333

7,205

23,5913,9496,117.5652

87, 37746, 81116, 703

67, 48225, 919.0748

42,23710, 69545, 224

105, 812.0943

5,1651,0614,103

1,2244,651

1,2187,204

1,318

539, 866177, 758345, 443

16, 665

345, 175131, 855185, 91527, 405

558, 184

38, 987820

294

3,1277,973

6,152

2.04

3.398.50

March

146, 494145, 024114. 54

313, 267554, 565

7,100

19, 6235,1848,037.5304

86,52951, 48517, 196

62, 80826, 921.0732

49, 6359,734

46, 081104, 784

.0891

5,6441,2484,396

9464,394

1,3017,055

2,293

563, 436187, 722380, 11815, 595

361, 479137, 259165, 95358,267

490, 169

37, 626919

315

3,1748,119

6,553

1.98

3.398.48

1April j

176,962170, 658114. 16

263, 551398, 594

6,655

18, 1052,3094,656.5138

86, 67448, 85118, 337

57, 42727, 595.0699

46,2099,751

45,005100, 963

.0801

5,1261,1983,928

6843,881

1, 2106,913

2,334

560, 007199, 812342, 129

18, 066

337, 214151, 241148, 21537, 758

366, 761

33, 702886

353

2,9597,350

6,032

1.96

3.398.41

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

April,1926,from

March,1926

-16.3-13.9-0.6

+4.0

+8.7-45.7-11.7-2.4

-0.2-2.0

+26.4

-10.0—4 6-4.5

-9.0-16.1

-5.0

-10.8+40.1-21.3

-14.2-7.4

-19.0+1.9

-13.1-4.3

-5.2

-7.3

-4.5

0.0-6.7

April,1926,from

April,1925

+8.9+9.7-4.6

+6.8

-14.3-41.4+27.0+20.6

+3.1+9.2

+41.7

+12.7—16.7+0.1

+3.0-13.5

-0.5

+2.0+17.9-2.8

-4.7-0.6-8.8

+27.2

+18. 9+23.5

+13.6

+11.5

-2.0

0.0-0.2

CUMULATIVE TOTALFROM JANUARY 1THROUGH APRIL 30

1935

888, 364782, 991

3 1, 365, 7653 1, 781, 435

28, 115

27, 524

197, 533

255, 541

185, 17243, 609

138, 559

21, 6184,569

17,048

3 3, 148

3 3, 788

3 5, 355

2. 151, 737731, 535

1, 376, 62163, 580

3 1, 041, 6863 421. 9543 514, 9953 104, 737

3 1, 928, 671

162, 2453,605

1,287

3 10, 015« 17, 182

25,484

1926

1, 039, 310948, 980

3 1, 153, 0083 1, 105, 792

27, 530

26,143

217, 371

290, 305

198, 34142, 771

136, 368

21, 3835,136

16, 246

3 1. 203

3 1, 558

3 1, 105

2, 149, 227752, 498

1, 313, 29483, 439

3 876, 2893 286, 1693 451, 2633 138, 857

3 1, 661, 004

186, 4554,243

1,459

3 10, 5186 17, 506

28,860

Percentin-

crease

or de-crease

cumu-lative1926from1925

+17. 0+21.2

-15.6-37.9

-2.1

-5.0

+10.0

+13.6

-L9-1.6

-1.1+12.4-4.7

-61.8

-58.9

-79.4

-0.1+2.9'-4.6

+31.2

-15.9-32.2-12.4+32.6

-13.9

+14.9+17.7

+13.4

+5.0+1.9

+13.2

3 Cumulative through Mar. 31.6 Cumulative through Feb. 28.7 Reports of 6 firms as compared with 7 firms in 1925.

o See table on p. 13 of the March, 1926, issue for earlier data.h See table on p. 14 of the May, 1926 issue for earlier data.• See table, p. 16 of the May, 1926, issue for earlier data.

30

TREND OF BUSINESS MOVEMENTS—Continued

The cumulatives shown are throughApril except where otherwise noted.Earlier data for items shown heremay be found on pages 28 to 151 ofthe February, 1926, "Survey"

FUELS— Continued

Coal and Coke— Continued

Anthracite:Production. thous. of short tons. .Exports thous of long tonsPrices-

Wholesale chestnut,New York dolls, per long ton .

Retail, chestnut,New York dolls, per short ton .

Coke:Production-

Beehive thous. of short tons..By-product ._ thous. of short tons

Exports thous. of long tons. .Price, furnace, Con-

nellsville. dolls, per short ton..

Petr oleum

Crude petroleum:Production thous. of bbls..Stocks, end of month-

Total (comparable) thous of bblsTank farms and pipe

lines thous of bblsRefineries - - - -thous. of bbls .

Imports _. thous. of bbls ..C onsumption —

Run to stills thous. of bbls..Oil wells completed number. -Mexican field-

Storage, Tampico thous of bblsShipments thous. of bbls ..

Price, Kansas- Oklahoma dolls per bblGasoline:

Production .thous. of gals. .Exports thous. of gals..Consumption thous of galsStocks, end of month thous of galsPrice, motor, New York . dolls, per gal .Retail distribution, 21 States.thous. of gals..

Kerosene oil:Production thous. of gals..Consumption thous. of gals..Stocks at refineries, end mo .thous. of gals..Price, 150° water white dolls, per gal .

Gas and fuel oil:Production thous. of gals. .Consumption —

By vessels ... .. thouslofgals .By electric power plants.thous. of gals. .By railroads thous. of gals _

Stock sat refineries, end mo thous. of gals.Price,0kla., 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° fil., "D "

at refineries dolls, per gal

AUTOMOBILESProduction:

Passenger cars —Total number of carsUnited States number of cars..Canada. . number of cars

Trucks-Total number of carsUnited States. number of cars _Canada number of cars

Exports:Assembled—

Total . number of carsPassenger cars . number of cars _Trucks number of cars

From Canada —Total number of cars..Passenger cars number of carsTrucks . number of cars

Foreign assemblies number of carsAccessories and parts:

Shipments-Original equipment index nosReplacement parts ... .index nos .Accessories. index nosService parts.. _ .index nos _

Sales thous. of dollsExports thous. of dolls

1926

January

1736

1,3813,804

82

7.31

59, 670

291,400

260, 61930, 7814,688

61,2571,164

23,6004 6, 808

1.550

948, 904137, 674720, 358

1, 749, 023.170

243, 929

214, 761147, 555287, 618

.090

1,231,400

157, 3434 43, 081180, 622977, 178

1.250

111, 25569, 168

316, 839

.184

4 284, 1534 272, 901

11, 2524 32, 7354 29, 757

2,978

26,31221,1715,141

5,1593,7601,399

17,234

137103127115

61,0237,161

February

2,08337

11.49

1,4023,500

68

7.84

54,564

287, 975

257, 54130, 4343,689

56,2911,130

24, 1524 6, 900

1.800

863, 525132, 803650, 718

1, 858, 659.175

226, 663

197, 992131, 397287,994

.094

1, 136, 823

135, 728* 30, 904156, 595900, 670

1.181

101, 89353, 484

332, 176

.180

4 335, 6394 319, 744

15, 895

4 40, 8784 37, 595

3,283

28, 23222, 3555,877

8,4085,9362,472

17, 547

160114139138

55, 3298,380

March

8,790297

11.48

15.29

1,1583,777

87

3.28

60, 669

287, 710

256, 06031, 6507,216

62, 4931,304

22,0088,9711,800

969, 543131, 282779, 571

1, 936, 336.180

252, 034

230, 378149, 565293, 907

.099

1, 244, 967

142, 89730, 421

851, 2341.210

110, 18290, 565

320, 883

.162

4 399, 3764 381, 103

18, 2734 48, 7054 44, 837

4 3, 868

27, 95222, 2785,674

10, 8888,0332,855

20, 287

182146167205

56,05310.617

April

8,217295

11.48

14.54

9813,602

55

3.13

59, 868

286,078

251, 89831, 1805,906

61, 2891,117

7,5871,800

987, 633177, 610

1, 926, 725.190

210, 488140, 841294, 603

.098

1, 210, 724

170, 536

830, 4811.381

112, 13185, 314

309, 476

.154

402, 574382, 63119, 943

53,26850,2722,996

31,18923, 1528,037

4,1012,6611,440

160141176208

38, 5149,608

1925

February

*7,003289

11.75

14.42

1,0543, 125

61

4.08

54, 045

309, 462

276, 51632, 9465,580

52, 992990

19, 67310, 2341,738

800, 44299, 813

543, 6401, 618, 891

.2104 192, 084

214, 421118,413435, 376

.084

1, 058, 725

136, 42441, 766

158, 740795, 872

1.325

100, 50367, 543

286, 431

.230

4 253, 9554 243, 176

10, 7744 34, 4814 32, 788

1,693

16, 89114, 7392,152

5,1364,0081,128

11, 874

10186

121122

57, 5725,363

March

1 6, 886201

10.95

14.42

1,0063,456

66

3.52

60, 433

308, 548

275, 93532, 6136,375

59, 4071,089

18, 35411,704

1.800

862, 574118, 854625, 053

1, 747, 199.205

4 195, 723

219, 908117, 395456, 064

.082

1, 203, 906

141, 56235,008

169, 224801, 757

1. 114

118, 494

299, 689

.215

4 334, 2144 321, 200

13,014

4 45, 1794 43, 090

2, 089

27, 99323, 2654,728

7,5736,4951,078

15, 433

13895

159162

65, 9538, 450

April

4 7, 292230

10.76

13.67

8063,315

53

3.17

61,431

308, 382

275,92832,454

5,415

59, 1801,567

19, 3569,6091.800

871, 597104, 442798, 305

1, 720, 877.200

260, 585

201, 163142, 144434, 674

.078

1, 230, 332

156, 87429,344

159, 209860, 706

1.031

107, 096

290,004

.180

4 393, 2624 377, 747

15, 515

4 47, 9834 46, 407

1,576

28, 83323, 8065,027

5,8944,7601,134

16, 279

183107193149

64,8378,163

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

April,1926,from

March,1926

-6.5-0.7

0.0

-4.9

-15.3-4.6

-36.8

-4.6

-1.3

-0.6

-1.6+8.0

-18.2

-1.9+8.7

0.0

+1.9+35.3+6.6-0.5+5.6

-8.6-5.8+0.2-1.0

-2.8

+19.3

-2.4+14.1

+1.8-5.8-3.6

-4.9

+0.8+0.4+9.1

+9.4+12.1-22.5

+11.6+3.9

+41.8

-62.3-66.9-49.6

-12.1-3.4+5.4+1.5

-31.3-9.5

April,1926,from

April,1925

+12.7+28.3

+6.7

+6.4

+21.7+8.7+3.8

-1.3

-2.5

-7.2

-8.7+5.3+9.1

+3.6-9.6

0.0

+13.3+70.1+4.1

+12.2-5.0

+5.0-0.6

-32.0+25.6

-2.1

+8.7

-3.5+33. 9

+4.3+8.0+6.7

-14.4

+2.4+1.3

+28.5

+11.0+8.3

+90.1

+8.2-2.7

+59.9

-30.4-44.1+27.0

-12.6+31.8-8.8

+39.6-40.6+17.7

i CUMULATIVE TOTALFROM JANUARY 1THROUGH APRIL 30

|

1925

28,4151,016

4,03713, 307

243

235, 428

24, 395

228, 9184,529

42, 561

3, 373. 265418, 627

2,566,930

3 584, 146

882, 553517, 709

4, 671, 045

582, 1923 134, 5568343,957

429, 628266, 871

1,195,2821,147,673

47, 609

155, 845148, 922

6,923

91,19176, 30214, 889

23, 77718, 9954,782

3 40, 382

254, 64126. 740

1926

19, 263635

4,92214, 683

292

234, 771

21, 499

241, 3305,015

30, 266

3, 769, 605579, 369

2, 982, 057

3 722, 626

853, 619569, 358

4, 823, 914

606,5043 104, 4066 337, 217

435, 461298, 531

1,421,7421,356,379

65,363

175, 586162, 46113, 125

113, 68588, 95624,729

28, 55620,3908,166

355,068

Percentin-

crease

or de-crease

cumu-lative1926from1925

-32.2-37.5

+21.9+10.3+20.2

-0. 3

— 11.9

+5.4+10.7

-28.9

+11.7+38.4+16.2

+23.7

-3.3+10.0

+3.3

+4.2-22.4-2.0

+1.4j +11.9

+18.9+18.2+37.3

+12.7+9.1

+89.6

+24.7+16.6+66.1

+20.1+7.3

+70.8+36.4

j

210, 9l§ -17. 235.766 1 +33. 8

3 Three months' cumulative ending Mar. 31. * Revised. * No quotation available. 8 Cumulative through Feb. 28.

31

TREND OF BUSINESS MOVEMENTS—Continued

The cumulatives shown are throughApril except where otherwise noted.Earlier data for items shown heremay be found on pages 26 to 151 ofthe February, 1926, "Survey''

AUTOMOBILES— Continued

Electric industrial trucks and tractors:Shipments, domestic-

Tractors - _ . number of vehicles _ _All other types number of vehicles..

Exports. _ .number of vehiclesInternal-revenue taxes collected on:

Passenger automobilesand motor cycles thous. of dolls

Automobile trucks andwagons thous. of dolls

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 carsMiscellaneous ..number of cars. _

HIDES AND LEATHER

HidesImports:

Total hides and skins thous. of lbs__Calfskins thous. of lbs__Cattle hides thous. of IbsGoatskins thous. of IbsSheepskins thous. of Ibs

Stocks, end of month:Total hides and skins. thous. of IbsCattle hides . . thous. of Ibs. .Calf and kip skins thous. of IbsSheep and lamb skins. thous. of Ibs..

Prices:Green salted, packers' heavy native

steers dolls, per IbCalfskins, country No. 1 . dolls, per Ib

LeatherProduction:

Sole leather ..thous. of backs, bends, sides..Finished sole and belting thous. of Ibs. _Finished upper..... thous. of sq. ft..Oak and union harness stuffed sides..

Skivers dozUnfilled orders:

Oak and union harness... sides..Stocks in process of tanning:

Sole and belting thous. of lbs__Upper. _ thous. of sq. ft

Stocks, end of month:Sole and belting ... thous. of IbsUpper thous. of sq. ft..

Exports:Sole thous. of IbsUpper thous. of sq. ft

Prices:Sole, oak, scoured backs,

heavy, Boston. _ dolls, per IbChrome calf, "B" grades. .dolls, per sq. f t _ _

Leather Products

Belting sales:Quantity thous. of ibs._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 skinsStocks (tanned) —

In process.. . ..number of skinsFinished number of skins _ .

Gloves, cut-Total dozen pairs..Dress and street —

Imported leather _ dozen pairs.Domestic leather . .dozen pairs..

Work gloves dozen pairs..

1926

January

421864 4

9,403

543

197, 1366,530

37, 73433, 159

118,3521,361

30,9372,544

12,9697,4655,839

296,046245, 82034,04616, 180

.150

.193

1,05720,09667, 425

112,35224,268

114, 530

75, 779155, 660

115, 615298, 189

1,0758,422

.46

.46

371639

23,874470

6.40

5.00

4.15

663, 089

1, 476, 157448, 748

200, 308

40, 38026, 482

133, 446

February

15496

5

7,135

486

147, 7404,968

27, 51429, 17485, 166

918

31, 7472,823

16, 1256,4933,758

297, 193248, 67332,54715, 973

.130

.183

99819, 56865, 309

105, 81421, 750

96, 569

78, 106159,474

110, 829299,413

1,1318,205

.46

.46

376640

4 25, 698416

6.40

5.00

4.15

610, 014

1, 453, 338500, 161

205, 764

45, 64030, 370

129, 754

iMarch

114 128

8

10, 147

378

April

17904

10, 095

273

i |1 i

!

34, 1703,293

13, 9019,1444,554

276, 324230,33231, 87214, 120

.122

.170

4 1,11321,64473,903

4 114, 6784 25, 338

4 76, 992

79,022156, 956

106, 182303, 863

1,3989,761

.46

.46

397679

29,840400

6.40

5.00

4.15

650, 640

1, 470, 313537, 404

218, 961

51,81635, 963

131. 182

33,6083,702

14,5918,0225; 1*8

.114

.165

1,106

109, 79522, 276

76,324

1,3259,918

.46

.46

359609

657

6.40

5.00

3.60

591, 328

1, 496, 396549, 436

1935

February

5, 563

277

158, 8174,053

30, 20522, 14398, 7613,655

30, 7272,409

15, 3017,1543,439

292,364254, 75125, 69011,923

.163

.215

1,20320,00667, 72897, 76741,244

111,073

84,898139,046

124, 265308, 401

1, 7526,763

.52

.50

361610

26, 455462

6.35

5.07

4.00

578, 710

1,392,075311, 005

197, 155

35, 63231, 966

124. 666

f

March j

7 457 259Ml

!

5,749

461

249, 9716,931

50, 17636, 594

149, 8396,431

36,1352,952

14, 2168,3358,003

282, 733242,82025, 89314,020

.148

.204

1,31323, 45968, 871

108,01138, 933

80, 406

90,047137, 378

123, 201319, 634

1,8708,392

.52

.50

429729

29,886703

6.40

5.15

4.15

563, 845

1, 319, 780362, 162

204, 240

41, 17535, 610

i 127. 455

April

11,121

498

350, 5339,144

68. 00450,069

214, 6918,625

41,1602,536

20, 8127,1818,824

275,028229, 37029, 48116, 177

.142

.184

1,32023, 77560, 913

101, 26529,464

86, 918

91,893133, 845

124,440319,497

1,0426,731

.50

.48

380663

29,476696

6.40

5.15

4.15

557, 211

1, 347, 439399, 148

210, 786

43, 39534,007

133. 384

lPER CENT IN-

CREASE (+) ORDECREASE ( — )

April,1926,from

March,1926

+54.5-29.7-50.0

-0.5

-27.8

-1.6+12.4+5.0

-12.3+13.0

-6.6-2.9

-0.6

-4.3-12.1

-0.9

-5.2+1.6

0.00.0

-9.6-10.3

+64.3

0.0

0.0

-13. 3

-9.1

+1.8+2.2

April,1926,from

April,1925

'

-,2-45.2

-18.3+46.0-29.9 i+11.7-41.7

-19.7-10. 3

-16.2!

+8.4-24.4

-12.2

+27.2+47.3

-8.0-4.2

-5.5-8.1

-5.6

0.0

-2.9

-13. 3

+6.1

+11.1+37.7

CUMULATIVE TOTALFROM JANUARY 1THROUGH APRIL 30

1925

29, 032

1,828

6 323, 58668,077

661,398e 43, 569

6 203, 2736 7, 269

142,32410,11368, 96530,08124,790

5,1243 65, 625

3 206, 848409, 502153, 618

1936

Percentin-

crease(+)

or de-crease(-)

cumu-lative1926from1925

36, 780

1,680

8 344, 876611,4986 65, 248662,333

6 203, 5186 2, 279

130,46212,36257, 58631, 12419, 299

4,2743 61, 308

3 206, 637442, 639

93,632

6,71630, 555

1,5792,688

3 82, 4182,373

2, 251, 447

3 587, 638

3 111, 5893 97, 148

1 3374.010

4,92936, 306

1, 5032,567

3 79, 4121,943

2, 515, 071

3 625, 033

3 137, 8363 92, 815

3 394. 382

i +26

-8.1

+6.6+42.4+6.3

+43.1+0.1

-68.6

-8.3+22.2-16. 5+3.5

-22.2

-16.6-6.6-0.1+8.1

-39.0

-26. o+18.8

-4.8-4. 5

-3.6-18.1

+11.7

+6.4

+23.5-4.5+5.4

3 Three months' cumulative ending Mar. 31. 4 Revised, 8 Cumulative through Feb. 28. 7 Quarter ending in month indicated.

32

TREND OF BUSINESS MOVEMENTS—Continued

The cumulatives shown are throughApril except where otherwise noted.Earlier data for items shown heremay be found on pages 26 to 151 ofthe February, 1926, ''Survey"

RUBBERCrude:

World shipments, plantation long tons__Imports (including latex) " long tonsConsumption (quarterly) —

Total 1 _ . _ long tons..For tires _ . _ long tons. _

Stocks, end of quarter —Total ... longtons__Manufacturers --long tons..Dealers long tons _A float long tons_ _

Stocks, end of month —United Kingdom ... .. -long tons..Plantation, afloat ...long tons..

Consumption by tire mfrs. ..thous. of lbs._Wholesale price, Para, N. Y. .dolls, per lb_.

Tires and Tubes

Pneumatic tires:Production . .thousands .Stocks, end of month thousands..Shipments, domestic thousands

Inner tubes:Production thousandsStocks, end of month thousands..Shipments, domestic - thousands. .

Solid tires:Production _ _ thousands..Stocks, end of month. thousands..Shipments, domestic thousands..

Other Rubber Products

Reclaimed rubber (quarterly):Production . .. .long tons..Stocks, end of quarter long tons..

Scrap rubber (quarterly) :Stocks at reclaimers ... long tons . .Consumption by reclaimers ... long tons..

Production-Total thous. of 37dsAuto fabrics .. thous. of vds._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 t ons. .Imports short tons

Chemical:Production .. short tonsConsumption and shipments... short tons..Stocks, end of month short tons..Imports . .short tonsPrice dolls, per 100 lbs_-

Newsprint Paper

Production short tonsConsumption.. short tons..Shipments short tonsImports . short tons .Exports short tonsStocks, end of month:

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

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

Pr in ting

Book publication:American manufacture no. of titles. .Imported- no. of titlesSales books, shipments thous. of books..Printing activity .weighted index number..

1926 1925

January

4 49, 30642, 404

78,92665, 084

48, 43624, 33525,46549, 800

11,11168, 50044, 528

.605

3,5417,4602,142

5,10710, 7702,728

5213526

i 38, 8401 8, 827

1 86, 8461 50, 256

1,395426596

16, 574

10, 5104,448

39, 133

152, 957150, 115196, 89425, 388

217, 246215, 49040, 54225, 796

2.95

140, 026158, 419139, 012126, 428

2,489

16, 338125, 87234, 398

3.50

628113

11, 10896

February

48, 80532, 865

10, 97969,20043. 161

'.526

3,6498,3732,500

5,11912, 8182, 750

5316323

1,459351719

16,709

8,7452,781

44, 074

133, 389141, 695188, 60322, 894

209, 258208, 94840, 51899, 943

2.95

129, 622147, 477128, 635133, 219

1,416

14, 791127, 66137, 771

3.50

559131

11, 50294

March April

42, 152

86, 75773 081

58, 19118,31124 89343, 204

45, 497.448

4,0929,0033,335

5,27214, 3483, 672

5018029

44,09213, 377

85, 59352, 437

2,102449983

17, 635

9.1113,884

52, 179

152, 454153, 329177, 15224, 416

227, 732227, 83238, 92299, Oil

2.95

145, 910170, 228142, 666158, 400

1,475

18, 352132, 41634, 185

3.50

705144

13, 072109

34. 544

43, 802.395

8 3, 9048 9, 402* 3, 500

8 5, 0938 15, 651

8 3, 694

8538 219

8 48

656

15, 860

102, 3442.95

145, 327

144, 600168, 463

2,392

19, 478

3.50

649189

11,908

February

35, 53924,700

' •

25, 72948,30041, 721

.307

3,6816,6962,835

4, 7559,7673, 625

4315343

1,815602440

17, 627

10, 0892,870

42, 303

124, 909126, 537177, 17527, 560

191, 142198, 72040, 198

104, 2622.63

113, 831131, 242114, 048110, 942

1,875

25, 888164, 39933, 667

3.70

543152

11,37597

March

43, 97733, 072

87, 64271 343

54 50216, 27229 98246, 254

19, 97749, 59046, 366

.346

3,9577,1323,392

5,25010, 6774,176

4614352

25, 3539,238

40, 04532, 630

1,945628463

18,329

9,5244,681

44,515

177, 137147, 026207, 934

18, 896

220, 184217, 30037, 964

120, 1942.60

127, 511153, 322126, 269127, 918

1,007

26, 414156, 94633, 898

3.70

756108

12, 874111

April

38,32632, 506

14, 27053, 50048, 155

.340

4,0056,8164,014

5,13910, 2134,933

5213553

1,680600413

14, 971

9,0335,555

46, 733

198, 583155, 878256, 255

21, 740

217, 590217, 48439, 18688, 973

2.60

132, 661151, 462129, 881123, 673

1,928

29, 446154, 91230, 032

3.70

694186

11, 565109

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

April,1926,from

March,1926

-18.0

+9.9+12.3

+20.1-24.8

—2 2-13.2

-3.7-11.8

-4.6+4.4+4.9

-3.4+9.1+0.6

+6.0+21.7+65. 5

+13.5+51.5

-1.4+ 4.3

April,1926,from

April,1925

+6.3

-1.0+2.4

+6.8+12.5-17.0-6.6

-9.0+16.2

-2.5+37.9-12.8

-0.9+53.2-25. 1

+1.9+62.2-9.4

+73.9+44.8

+113.7+60. 7

-33.3

-35.0

+3.40.0

-0.4

+1.4+6.4

+62.6

+6.1

0.0

-7.9+31.3-8.9

+58.8

-27.0

+15.0+13.5

+9.5

+11.3+36.2+24.1

-33.9

-5.4

-6.5+1.6+3.0

CUMULATIVE TOTAL |FROM JANUARY 1THROUGH APRIL 30

1925 1926

6 68, 560 ! 698,111123, 176 | 151, 965

178, 413

15, 198

13,235

19, 901

16, 841

184

180

3 5, 3083 1,811

1,6583 55, 1263 30, 7933 10, 733

90, 659

455, 548I

503, 008

497, 058475, 119

6,383

2,637577

47,000

176, 988

15, 186

11,477

20,591

12, 844

208

126

3 4, 9563 1, 226

2,9543 50, 9183 28, 3663 11, 113

88,564

427, 094

560, 885

554, 913586, 510

7,772

2,541577

47,590

Percentin-

cre ase(+)

or de-crease(-)

cumu-lative1926from1925

+43.1+23.4

-0.8

-0.1

-13.3

+3.5

-23.7

+13.0

-30.0

-6.6-32.3+78.2

-7.6

-7.9+3.5

-2.3

-6.2

+11.5

+11.6+23.4+21.8

-3.60.0

+1.3

1 Quarter ending Dec. 31, 1925.3 Three months' cumulative ending Mar. 31.* Revised.

6 Cumulative through February 28.8 Estimated figures.

33

TREND OF BUSINESS MOVEMENTS—Continued

The cumulatives shown are throughApril except where otherwise noted.Earlier data for items shown heremay be found on pages 26 to 151 ofthe February, 1926, "Survey"

PAPER AND FEINTING— Continued

Boxboard

Operation inch hours. .Operation _ per ct, of capacityProduction tonsOrders received ... _ tons-Unfilled orders, end of month tons..Consumption 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 tonsStocks, end of month short tons. _

Coated book paper:Production .per cent of normal production..Shipments .per cent of normal production. _Orders per cent of normal production. _Unfilled orders, end of month days..

Uncoated book paper:Production.per cent of normal production..Shipments .per cent of normal production..Orders per cent of normal production..Unfilled orders, end of month days..

Wrapping paper:Production short tons. _Stocks, end of month short tons..

Fine paper:Production short tonsStocks, end of month . short tons

All other grades:Production _. short tonsStocks, end of month short tons..

Total paper (inc. newsprint and boxboard) :Production short tons..Stocks, end of month short tons..

Paperboard Shipping Boxes

Production:Total thous. of sq. ft..Corrugated thous. of sq. ft_.Solid fiber thous. of sq. ft..

Operating activity:Total per cent of normal. _Corrugated.. per cent of normal .Solid fiber per cent of normal..

Other Paper Products

Rope paper sacks, shipments ..index number..Abrasive paper and cloth:

Domestic sales reams..Foreign sales reams..

Labels, orders _ .. per cent of capacity _ _

BUILDING CONSTRUCTION ANDHOUSING

Rental advertisements:Portland, Oreg . . .number _Minneapolis, Minn 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

Concrete factory costs (Aberthaw), 1st of fol-lowing month

Building costs (Engineering News Fecord),1st of following month

Construction costs (American Appraisal Co.):Frame index numberBrick, wood frame . . index numberBrick steel frame index numberReinforced concrete .index number. .

me

January

7, 808, 482102.7

192,413207, 657118, 531182, 702192,98947, 714

168, 45944, 477

110, 822« 60, 915

8787889

1001049813

91, 81173, 751

39, 43548, 663

106,33469, 080

680,841316,461

359,052281, 75377, 299

767578

89

84,82511,461

83.8

1,2782,802

147,039

195195

195

207

204212199201

February

7, 664, 277100.8

191, 804178, 076104, 518182, 278190, 87848, 472

162, 38253, 985

108, 60659,088

9292

10210

10110110214

83,01968, 819

39, 11549, 389

98, 64770, 917

651, 219311,455

386, 051304, 11581,936

818181

101

83,79510,956

99.8

1,1412,593

133, 724

196196

195

208

205213199201

March

8, 826, 757100.9

220, 515214, 733102, 362208, 197216, 85752, 049

151, 25342,971

122, 72556,724

<94979110

971009814

94,27269, 100

42,40850, 038

106, 38072, 840

730, 387319, 481

410, Oil324, 98385, 028

858779

115

* 96, 35418,907102.8

1,3653,856

166,418

196197

199

207

205213200201

April

8, 558, 687102. 4

211, 250206, 24190,008

201, 819208, 49251, 374

146, 13950,828

116, 58956, 137

9297828

100989012

84, 08865, 207

40, 85549, 594

96, 30874, 851

694, 417316, 641

379, 259299, 64179, 618

818277

104

98.2

1,3576,209

166, 224

196197

199

207

205213200201

1925

February

7, 550, 96899.3

177, 292162, 724100, 403170, 023176, 10153, 960

172, 45643, 745

103, 49852,234

10196

10011

10610610815

87, 863106, 525

35,98651,448

97,47855, 760

615, 948345, 815

333,431263, 86269, 569

767676

127

94,93510,764107.3

1,0082,624

123, 838

195197

197

210

204211204201

March

7, 569, 99590.5

179, 067169, 92490, 062

170, 363180,41851, 835

176, 03536, 147

113, 84851, 189

10010110213

1071039815

94, 430108, 086

39,44052, 869

103, 53758, 102

657,835348,495

341, 769268, 33573, 434

787975

142

92,09712, 029124.9

1,1833,640

157,285

198201

195

210

204211205200

April

7, 654, 37891.6

185, 866169, 91479, 127

170, 487179, 77257, 212

186, 53032, 593

111, 57152, 213

100999111

102999212

90, 596109, 060

38, 65649, 290

103,06361, 820

662,413359, 041

330, 616256,409

74,207

747667

126

86,48411, 485

87.1

1,1325,458

169, 712

198200

194

207

202209204199

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

April,1926,from

March,1926

-3.0+1.5-4.2-6.7

-12.1-3.1-3.9-1.3

-3.4+18.3

-5.0-1.0

-2.10.0

-9.9-20.0

+3.1-2.0-8.2

-14.3

-10.8-5.6

-3.7-0.9

-9.6•+2.2

-4.9-0.9

-7.5-7.8-6.4

-4.7-5.7-2.5

-9.6

-4.5

-0.6+61.0-0.1

0.00.0

0.0

0.0

u0.00.0

April,1926,fromApril1925

+11.8+11.8+13.7+17.8+13.8+18.4+16. 0-10.2

-21.7+55.9

+4.5+7.5

-8.0-2.0-9.9

-27.3

-2.0-1.0-2.2

0.0

-7.2-40.2

+5.7+0.6

-6.6+21.1

+4.8-11.8

+14.7+16.9+7.3

+9.5+7.9

+14.9

-17.5

+12.7

+19.9+13.8-2.1

-1.0-1.5

+2.6

0.0

+1.5+1.9-2.0+1.0

CUMULATIVE TOTALFROM JANUARY 1THROUGH APRIL 30

1925

31, 164, 238

741, 798702, 211

704, 158731, 792

437, 862

364,400

151, 718

410,900

2, 609, 748

1,308,1071, C16, 690

291, 417

a 287, 5973 32, 375

4,34814, 828

586, 767

1926

32, 858, 203

815, 982800, 707

774, 996809, 216

458,742

353, 190

161, 813

407, 841

2, 756, 914

1, 534, 3731, 210, 492

323, 881

3 264, 9743 41, 324

5,14115, 460

613,405

Percentin-

crease

or de-crease

cumu-lative1926from1925

+5.4

+10.0+14.0

+10.1+10.6

+4.8

-3.1

+6.7

-0.7

+5.6

+17.3+19.1+11.1

-7.9+27.6

+18.2+4.3+4.5

3 Three months' cumulatives ending Mar. 31. 4 Revised.

34

TREND OF BUSINESS MOVEMENTS—Continued

The cumulatives shown are throughApril except where otherwise noted.Earlier data for items shown heremay be found on pages 26 to 151 ofthe February, 1926, "Survey"

BUILDING CONSTRUCTION ANDHOUSING— Continued

Construction and Losses

Contracts awarded (36 States) :Commercial buildings thous. of sq. ft..Industrial buildings thous. of sq. f t _ _Residential buildings thous. of sq. f t _ _Educational buildings thous. of sq. ft..Other public and semi-

public buildings thous. of sq. ftGrand total thous. of sq. ft..

Contracts awarded, value (36 States) :Commercial buildings thous. of dolls__Industrial buildings. . thous. of 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 dollsFire 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 f t b mStocks end of mo. (computed) M ft. b. mExports, lumber „_ _ M ft. b. m__Exports, timber M ft. b. mPrice, flooring dolls, per M ft. b. m._

Douglas fir:Production M ft b mShipments (computed). _M ft. b. m__-New orders M f t b mExports, lumber M ft. b. mPrice, No. 1 common dolls, per M ft. b. m _

California redwood:Production (computed) M ft. b. m__Shipments (computed) M ft. b. m__Orders received (computed) _..M ft. b. m__

California white pine:Production M ft. b mShipments M ft. b. mStocks, end of month M ft. b. m _

Western pine:Production (computed). M ft. b. m__Shipments (computed) M ft. b. 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. mShipments M ft. b mOrders received M ft b m

Lath—Production 1VT ft. h. mShipmp/nts M ft b jrt

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

Hardwood Lumber

Southern cypress:Production • M ft. b. mShipments _ __M ft. b. m__New orders. M ft. b. m__Unfilled orders, end of month. M ft. b. m__

Northern hardwood:Production. . _ M ft. b. mShipments M ft. b. m

Walnut lumber:Production M ft. b. m .Shipments __ M ft. b. m*._Stocks, end of month _ _ M ft. b. m

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

veneer __M ft. log measure--Stocks, end of month__.M ft. log measure..

1936

January

11, 1917,245

37, 6942,170

4,04262, 498

67, 51494, 415

183, 27912, 736

32, 66952, 761

443, 373

41, 119

446, 454437, 159463, 977

1, 182, 79044, 359

7,75849.43

461, 077522, 405567, 16955, 01715.50

41, 84633, 48944, 832

47, 839111, 987573, 264

82, 765120, 095

1, 120, 036

38, 58446, 550

35, 82540, 93341, 399

9,2468,690

16,30114, 152

21, 90332, 00527, 12632, 856

48, 39532, 696

3,1433,624

19, 071

2,076

2,0731,208

February

7,9075,256

31, 8532,928

3,44051, 660

47, 31939, 087

171, 29719, 214

32, 07864, 728

373, 723

30, 964

434, 400456, 570473, 852

1, 156, 21144, 82510, 95049.84

601, 191577, 465590, 89561,34016.00

40, 96533, 70939, 643

53,97891, 759

540, 585

95, 217125, 251

1, 099, 644

51, 63949, 706

37, 54639, 04336, 128

8,2828,148

16, 63315, 445

22, 08329,51022, 90428, 325

51, 85633, 866

3,1563,627

18, 610

2,559

2,3931,485

March

15,4317,033

49, 1393,936

5,88281,800

104, 11347, 776

252, 42528, 576

46, 62797, 283

576, 800

42, 855

479, 370469, 737475, 836

1,178,49751,362

12647.96

612,382629, 392660, 28078, 50916.50

57, 07841, 61653, 912

96, 129115, 576485, 007

< 151, 165* 152, 165

41,094,537

48, 89545, 388

36, 74243, 26042,000

8,79113, 599

17, 72714, 629

26,35431, 24128, 61923, 594

54, 62233, 301

2,8744,011

17, 473

2,781

2,8211,388

April

14, 9815,277

51, 7564,907

5,88983,454

87, 89541, 524

257, 96537, 245

50, 68576, 940

552, 253

52, 408

454, 005492, 779474, 287

1, 120, 80356, 908

18346.88

521, 062538, 072514, 79561, 63216.50

42, 41341, 37039, 390

148, 662123, 666521, 153

168, 427144, 297

1, 064, 537

54,22247, 348

45, 49346, 73241, 874

10, 0769,570

26, 64927, 19025, 37924, 094

1935

February

7,4673,308

27,8503,809

3,74646, 861

38, 82520, 767

136, 02320, 278

30, 50152, 865

299, 260

32, 472

453, 618425, 106429, 608

1, 123, 581" 57, 304

17, 29147.32

524, 643505, 842490, 17432, 85018.50

41, 82240, 08535, 194

32, 61476, 820

495, 533

96, 184120, 398867, 676

55, 62253, 844

33, 90539, 46635, 650

9,3017,333

14, 09513, 648

44, 89423,913

4,0563,825

17, 085

3,472

3,2084,002

March

11, 7724,836

45, 5345,557

5,57173, 555

54, 87153, 133

220, 87242, 193

41,91767, 931

480, 916

33, 347

498, 442474, 239435, 272

1, 150, 97661, 43919, 21946.88

525, 986519, 271559, 11260, 44618.50

51, 40940, 90440, 900

64, 88488,417

467, 330

145, 951129, 019881, 684

56, 23156, 217

41, 55237, 38932, 486

10, 7819,357

16, 67414,049

47, 18625, 481

4,3363,654

17, 476

3, 679

3,4414,281

April

12, 2616,496

51, 4535,203

6,43182, 565

63, 96946, 568

256, 41433, 155

51, 43395, 432

546, 971

37, 697

497, 087501, 153500, 862

1, 163, 23177, 83117, 72345.67

539, 415577, 018592, 68552, 57217.50

39, 58434, 77036, 825

98, 55184, 377

458, 791

164, 584136, 212903, 535

54, 01256, 812

59, 33241, 92939, 856

13, 5268,528

10, 15615, 819

44, 73222, 176

4,0173,341

18, 232

3,862

3,4654,678

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

April,1926,from

March,1926

-2.9-25.0+5.3

+24.7

+0.1+2.0

-15.6-13.1+2.2

+30.3

+8.7-20.9-4.3

+22.3

-5.3+4.9-0.3-4.9

+10.8+45.2-2.3

-14.9-14.5-22.0-22. 5

0.0

-25.7-0.6

-26.9

+54.6+7.0+7.5

+11.4-5.2-2.7

+10.9+4.3

+23.8+8.0-0.3

+14.6-29.6

+1 1— 13 0-11.3+2.1

April,1926,from

April,1925

+22.2-18.8+0.6-5.7

-8.4+1.1

+37.4-10.8+0.6

+12. 3

-1.5—19.4+1.0

+39.0

-8.7-1.7-5.3-3.6

-26.9+45.2+2.6

-3.4-6.7

-13.1+17.2-5.7

+7.1+19.0+7.0

+50.8+46.6+13.6

+2. 3+5.9

+17.8

+0.4-16.7

-23.3+11.5+5.1

-25.5+12.2

CUMULATIVE TOTALFROM JANUARY 1THF.OUGH APRIL 30

1925

42, 41918, 975

151, 62816, 940

18,965251, 517

225, 037139, 922740, 541110, 965

155,465251, 690

1,623,620

144, 726

1, 938, 6341, 846, 5641, 833, 446

246, 70162, 289

2, 097, 2292, 123, 1932,110,210

198, 721

176, 200152, 005153, 627

231, 028333, 930

484, 713519, 347

207, 291211, 512

168, 163163, 241148, 519

42, 55131, 794

3 49, 4433 45, 152

3 139, 4913 78,511

1926

49, 51024, 811

170, 44213,941

19, 253279, 412

306, 841222, 902864, 96697, 771

162, 059291, 712

], 946, 149

167, 346

1, 814, 2291, 856, 2451, 887, 952

197, 45419, 017

2, 195, 7122, 267, 3342, 333, 139

256, 498

182, 302150, 184177, 783

346, 608442, 888

497, 574541, 808

193, 340188,986

149, 606169, 968161, 401

36, 39540, 007

3 50, 6613 44, 226

3 154, 8733 99, 863

Percentin-

crease(t}

or de-crease(-)

cumu-lative1926from1925

+16.7+30.8+12.4-17.7

+1.5+11.1

+36.4+59.3+16.8-11.9

+4.2+15 9+19.9

+15.6

-6.4+0.5+3.0

-20 0-69.5

+4.7+6.8

+10.6+29.1

+3.5-1.2

+15. 7

+50.0+32.6

+2.7+4.3

-6.7+11.9

-n.o+4.1+8.7

-38 0+25! 8

+2.5-2.1

"

+11.0+27.2

3 Three months' cumulatives ending Mar. 31. *Revised.

35

TREND OF BUSINESS MOVEMENTS—Continued

The cumulatives shown are throughApril except where otherwise noted.Earlier data for items shown heremay be found on pages 26 to 151 ofthe February, 1926, "Survey"

LUMBER PRODUCTS— Continued

Hardwood Lumber— Continued

All hardwoods:Production (computed) ...M ft. b. m__Shipments (computed) M ft. b. mOrders (computed) M f t b mTotal stocks-

Total hardwoods M ft b mGum . M ft. b. mOak M f t b m

Unsold stocks — •Total hardwoods M ft. b. mGum M ft. b. mOak M f t b m

Unfilled orders —Total hardwoods . _. M ft. b. mGum M f t b mOak M ft. b. m

Total Lumber

Production, 10 species __M ft. b. m__Exports, planks, joists, etc M ft. b. mRetail yards, Minneapolis dist.:

Sales. M ft. b. mStocks, end of month M. ft b m

Composite lumber prices:Hardwoods dolls per M f t b mSoftwoods dolls, per M ft. b in

Flooring

Maple flooring: •Production, __ M ft. b. mShipments M f t b mStocks, end of month M ft. b. mOrders booked M f t b inUnfilled orders, end of month.. M ft. b. m_.

Oak flooring:Production M ft. b. m_.Shipments . M ft. b. mStocks, end of month M ft. b mOrders booked _ M ft. b. mUnfilled orders, end of month__M ft. b. m_.

Wooden Furniture

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

Piano benches and stools:New orders... _ _ . dollars _Unfilled orders end of month dollarsShipments-

Value. dollars..Quantity pieces

Plywood

Bookings thous. of sq. ft. of surfaceShipments thous of SQ ft. of surfaceUnfilled ordeis, end

of month thous. of sq. ft. of surface

Wooden Barrels

Sets of circled headings: »Production (rough) number of setsShipments, finished number of setsSales finished number of setsUnfilled orders, end"

of month number of setsStocks on hand, end

of month tin rn her of pets

STONE, CLAY, AND GLASS

Face brick (av. per plant) :Production thousandsShipments thousands..Stocks end of month thousandsUnfilled orders, end

of month thousandsCommon biick:

Stocks, end of month —Burned thousandsUnburned thousands

Shipments thousandsUnfilled orders thousandsPlants closed down numberPrinft. red. New York dolls, oer thous

1926

January

77, 00084, 00081, 000

765, 431212, 922244, 137

592, 772161, 851188, 963

204, 77168, 19060, 433

42,254,461155, 726

8,597110, 436

42.6030.79

8,7227,143

29, 3148,264

10, 401

45, 17141, 49848, 24434, 44654, 161

53, 16179, 602

103, 60823,240

60, 08810, 158

3,7633,938

5,972

205, 738591, 912371, 689

1,023,457

1, 475, 275

584351

2,310

912

324, 20358, 399

108, 688259, 158

3216.00

February

85, 00092, 000

100, 000

783, 215226, 818246, 619

607, 117174, 314186, 202

216, 18674, 48866, 670

2, 470, 531156, 720

7,524114, 046

43.7931.32

7,8456,526

30, 4477,083

10, 762

44, 54037, 70854, 36233,41149, 599

42, 207* 72, 763

83, 12821, 720

83,48013, 186

4,2324,341

6,130

358, 733632, 542431, 569

970, 130

1, 794, 937

476373

2,322

1,031

355, 13960, 014

110, 866262,481

3017.00

March

82, 00086, 00090, 000

769, 992221, 397247, 154

593, 423168, 507184, 817

208, 96568, 95268, 884

2, 737, 616188, 249

10, 716115, 780

43.0031.44

9,6249,221

31, 1979,224

11, 761

47, 68643, 54357, 29142, 26745, 231

57, 36458, 484

82, 71219, 702

80, 32013, 222

3, 4014,721

5,349

451, 868596, 824308, 803

987, 222

1, 853, 125

648628

2,443

1,032

339, 39269, 597

150,485280, 612

1717.00

April

80, 00085, 00081, 000

790, 558224, 164252, 375

626, 807175, 405192, 072

173, 15061, 95567, 863

2, 750, 000173, 675

14, 530117, 714

41.9631.48

9,3399,099

30, 7338,2819,919

48, 64243, 00762, 65640, 22342, 491

48, 48649, 344

3,3014,189

4,278

332, 551492, 072504, 087

1, 237, 374

1,411,589

752798

2,337

1,334

16.00

1925

February

689, 384219, 501227, 670

554, 280176, 546182, 678

153, 68049, 56949, 851

2, 407, 740136, 1244 8, 084

4 113, 283

44.2331.68

8,4387,604

28, 4817,142

12, 559

38, 24534, 90452, 80433, 53952, 626

35, 30247, 976

81,30423, 902

81, 68813,548

508436

2,068

949

305, 83134, 891

110, 790247, 176

2614.50

.

March

733, 351228, 110247, 669

598, 267185, 891200, 116

150, 02747, 83651, 497

2, 647, 420176, 935

11,314116, 321

43.7831.63

8,6407,513

29, 1105,602

11, 225

41, 61140, 56452, 62335, 95646, 902

42, 90745, 037

83, 28819, 592

87,34415,810

670732

2,034

1,091

287,80043,446

170, 697329, 673

1613.50

April

775, 221289, 563258, 294

646, 255199, 413215, 122

148, 06849, 74048, 102

2, 662, 413183, 701

4 17, 5604 124, 888

42.9231.41

8,2247,562

29, 7755,5739,358

43, 47344, 43251, 70243, 32647, 349

37, 15436, 990

70, 60016, 736

53,24012,457

3,6114,686

4,165

777902

1,769

1,140

281, 85871, 266

206, 551339, 629

613.50

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

April,I 1926,

fromMarch,

| 1926

-2.4-1.2

-10.0

+2.7+ 1.2+2.1

+5.6+4.1+3.9

-7.6-10.1-1.5

+0.5-7.7

+35.6+1.7

-2.4+0.1

-3.0-1.3-1.5

-10.2-15.7

+2.0-1.2+9.4-4.8-6.1

-15.5-15.6

-2.9-11.3

-20.0

-26.4-17.6+63.2

+25.3

-23.8

+16.0+2 i.l-4.3

+29.3

-5.9

April,1926,from

April,1925

+2.0-22.6-2.3

-3.0-12.0-10.7

+30.4+24.6+41.1

+3.3-5.5

-17.3-5.7

-2.2+0.2

+13.6+20.3+3.2

+48.6+6.0

+11.9-3.2

+21.2-7.2

-10.3

+30.5+33. 4

-8.6-10.6

+2.7

-3.2-11.5+32.1

+17.0

+18.5

CUMULATIVE TOTALFROM JANUARY 1THROUGH APRIL 30

1935 1936

iI

10, 179, 667647, 710

44, 822

35, 26930, 202

27, 183

165, 097154, 712

146, 615

150, 138

3 248, 080

3 24. , 960s 42, 685

10, 212, 608674, 370

41, 367

35, 73031, 989

33, 670

186, 039165, 756

150, 347

201, 218

3 269, 448

3 223, 8888 36, 566

i

2,5032,353

2,4602,150

Percentin-

crease(t}

or de-crease(-)

cumu-lative1926from1925

+3.2+4.1

-7.7

+1.3+5.9

+23.9

+12.7+7.1

+2.5

+34.0

+8.6

-9.7-14.3

-5.7-8.6

3 Three months' cumlatives ending Mar. 31. 4 Revised. i See table, p. 16 of the May, 1926, issue for earlier data.

36

TREND OF BUSINESS MOVEMENTS—Continued

The cumulatives shown are throughApril except where otherwise noted.Earlier data for items shown heremay be found on pages 26 to 151 ofthe February, 1926, "Survey"

STONE, CLAY, AND GLASS-Continued

Brick— Continued

Paving brick:Production-

Actual . .thousands __Relation to capacity per cent

Shipments . _ thousandsStocks, end of month thousandsOrdeis received thousandsCancellations _ . .thousands -Unfilled orders, end of month.. thousands _ _

Floor and wall tile:Production thous. of SQ. ftShipments, quantity thous. of SQ. ftShipments, value thous. of dolls _Stocks end of month thous of SQ ft

Architectural terra cotta, bookings:Quantity _ ..net tons..Value thous. of dolls __

Sanitary Ware

Baths, enamel:Orders shipped numberStocks end of month numberOrders received _ number ._

Lavatories, enamel:Orders shipped numberStocks, end of month number _.Orders received ._ .number..

Sinks, enamel:Orders shipped .number _.Stocks, end of month number _ _Orders received .number. .

M iscellaneous , enamel :Orders shipped .number . .Stocks end of month numberOrders received ^ .number _.

Unfilled orders, end of month:Baths number _.Small ware number

Kitchen enameled ware:Furnaces operating per ct . of total . _

Portland Cement

Production thous. of bbls..Shipments thous. of bbls..Stocks, end of month thous. of bbls. .Prices:

Chicago district dolls, per bblLehigh Valley dolls per bbl

Concrete paving contracts awarded:Total thous. of sq. yds..Roads thous. of sq. yds..

Federal-aid highways under construction, endof month:

Estimated cost thous of dollsDistance . miles .

Glass

Illuminating glassware:Net orders per ct of capacityActual production per ct. of capacityShipments billed per ct of capacity

Polished plate glass:Production thous. of sq. ft..

Glass Containers l

Orders and contracts:Number of grossPercentage of capacity

Actual production:Number of grossPercentage of capacity

Shipments:Number of grossPercentage of capacity

Unfilled orders:Number of grossWeek's supply

Stocks, end of month:Number of gross _.Week's supply

1926

January

19, 32950

10, 237111,43111,454

34448, 722

4,9974,2891,6207,547

13, 3421,645

90, 503130, 056

4 103, 500

114, 198232, 117125, 168

115,017253, 779123, 656

51,922158, 71758, 729

3 88, 388200, 619

65

7,8875,672

20, 582

1.651.75

8,6292,161

257,95810,838

40.838.038.3

10, 729

2,803,903102.5

2, 004, 62673.3

1, 703, 97162.3

9, 653, 59115.3

5, 906, 4229.3

February

20, 17052

9,896115,97712, 984

15151, 573

4,8534,1871,5647,613

10, 7421,402

82, 909144, 50187, 002

104,982246, 544102,910

97, 797275, 53097, 108

46, 210160,65647, 147

89, 611198, 326

72

7,7315,820

22, 384

1.651.75

5,0122,727

257, 04110, 803

45.941.842.2

10, 544

2,165,75685.8

1,834,31672.6

1, 743, 89069.1

10,017,20415.8

5,982,3579.5

March

22,64257

10, 996123, 99721, 805

1863,364

5,5464,8991,8178,336

15, 6172,046

102, 284166, 756118, 076

121, 801245, 384128, 349

121, 883301, 070130, 496

55, 607168, 29860, 226

94, 167205, 003

85

* 10, 355* 9, 539

« 23, 200

1.651.75

7,9384,663

256, 56410, 691

45.343.942,9

11, 617

2,290,31779.2

1,977,43868.3

2, 056, 25371.1

10,115,72515.7

5, 914, 6519.2

April

22,49657

16, 491128, 13718, 358

74964, 081

18,9242,322

103, 624177, 778110,476

116, 205250, 143120, 139

117, 212321, 073119, 236

52, 076158, 22951, 180

96, 048198, 203

12, 40313,11222, 491

1.651.75

13, 5638,758

10,726

1, 662, 94060.1

2, 050, 73474.2

2, 179, 42078.8

9, 522, 49114.8

5, 781, 2589.0

1925

February

20,84162

5,613117, 776

6,93221

49, 692

3,7083,2701,1629,358

11,4291,306

93, 380121,490100, 926

123, 085203, 625124,856

121, 519276,333123, 982

65, 032188,34859,723

115,236299, 254

8,2556,015

19,897

1.751.75

5,0473,787

261,13212,344

50.052.045.1

8,568

I

i

March

27,40478

12,217135, 43523,188

71264, 091

4,0143,8911,3579,506

14, 8491,675

105, 905122, 999110, 390

121,936225,497125,847

125, 667306, 220120, 513

71, 203191, 10455, 595

114, 759280, 734

11, 03410, 27920, 469

1.751.75

8,5025,772

264, 62512, 389

51.055.548.7

9,774

April

28,44481

18, 738139, 22321, 9211,627

68, 636

3,8594,2601,5039,075

17, 8752,073

107, 766123, 269110, 690

123,240228, 532123, 182

135, 767306, 477130, 063

75, 089196, 75552, 546

109, 136265, 885

13, 80714, 394

« 19, 882

1.751.75

17, 36312, 463

261, 71212,231

43.038.741.9

9,848

PEE CENT IN-CREASE (+) OEDECREASE (-)

April,1926,from

March,1926

-0.60.0

+50.0+3.3

-15.8

+1.1

+21.2+13.5

+1.3+6.6-6.4

-4.6+1.9-6.4

-3.8+6.6-8.6

-6.3-5.0

-15.0

+2.0-3.3

+19.8+37.5-3.1

0.00.0

+70.9+87.8

i — 7. 7

-27.4-24.1

+3.7+8. 6

+6.01 +10.81

-5.9-5.7

-2.3-2.2

April,1926,from

April,1925

-20.9-29.6-12.0-8.0

-16.3—54.0-6.6

+5.9+12.0

-3.8+44.2-0.2

-5.7+9.5-2.5

—13.7+4.8-8.3

-30.6-19.6-2.6

-12.0-25.5

-10.2-8.9

+13.2

-5.70.0

-21.9-29.7

+8.9

CUMULATIVE TOTALFROM JANUAEY 1THROUGH APRIL 30

1925

101, 955

40, 820

57, 792

3 11, 3283 10, 192

3 3, 604

56, 9626,488

400, 989

443, 038

491, 794

520, 562

.510, 242

523,415

283, 640

239, 549

. .

41, 95235, 850

35,42525, 496

3 795, 5143 37, 492

36, 864

i1

I

1926

84,637

47, 620

64, 601

3 15, 3963 13, 375

3 5, 001

58, 6257,415

379, 320

419, 054

457, 186

476, 566

451,909

470, 496

205, 815

217, 282

38,37634, 143

30, 14218, 309

3 771, 563333,332

43, 616

Percentin-

crease(t}or de-

crease(-)

cumu-lative

1926from1925

-17.0

+16.7

+11.8

+35. 9+31. 2.+38. 8

+2.9+14.3

-5.4

-5.4

-7. (*

-8.5

-9.S

-10.0

-27. 4

-9.3.

-8.5-4.8.

-14. &28.2

-3.0-11.2

+18. S.

3 Three months' cumulatives ending Mar. 31. * Revised. 1 See table, p. 24, of the March, 1926, issue for earlier data.

37

TREND OF BUSINESS MOVEMENTS—Continued

The cumulatives shown are throughApril except where otherwise noted.Earlier data for items shown heremay be found on pages 26 to 151 ofthe February, 1926, "Survey"

CHEMICALS AND OILS*

ChemicalsSulphuric acid:

Exports _. thous. oflbs..Price, wholesale, 66°,

New York dolls, per 100 Ibs. .Nitrate of soda:

Imports _ long tons.Production in Chile-

Quantity _ metric tonsPlants operating number . .

Potash:Imports long tons..

Acid phosphates:Production ._ short tons..Consumption short tons. .Stocks, end of month _ _ _ _ _ short tons..

Fertilizer:Consumption in Southern States *

short tonsExports _ _ _ _ _ _ .long tons.

Dyes and dyestuffs, exports:Vegetable thous. of lbs._Coal-tar thous of Ibs

Price index number:Crude drugs index number..Essential oils index number..Drugs and Pharmaceuticals. index number..Chemicals index numberOils and fats _ index number.

Wood Chemicals

Acetate of lime:Production thous. of lbs__Shipments or use thous. oflbsStocks, end of month thous. of lbs._Exports thous. oflbsPrice, wholesale dolls, per cwt

Methanol, crude:Production gallonsShipments or use gallons.St ocks , producers ' , end of month gallonsPurchased by refiners gallons-Consumed by refiners gallonsStocks at refineries, end of month. gallons..Exports gallons __Price, wholesale, N. Y dolls, per gal._Canada—

Consumed gallonsStocks, end of month gallons

Methanol, refined:United States-

Produced gallons-Stocks, end of month, at

refineries gallons..Canada-

Produced . _ gallonsStocks, end of month gallons-

Wood at chemical plants:Consumption (carbonized) cordsStocks, end of month _ cords

Daily capacity, wood-chemical plants:Total in industry cordsReporting cordsShut down cords

Explosives

<Black powder, permissibles, and other highexplosives)

Production thous of IbsShipments _ _ ._ -thous. of IbsSales thous. of IbsStocks end of month thous of Ibs

Naval StoresTurpentine:

Net receipts, southern ports barrels..Stocks, ports, end of month. barrels..Price, southern, in barrels,

New York dolls per galRosin:

Net receipts, southern ports barrels..Stocks, ports, end of month barrelsPrice, common to good (B),

New York dolls, oer bbl..

1926

January

997

.70

103, 627

235,00089

28,365

438, 213192,059

2, 394, 242

703, 87060, 121

2151,552

193218156114155

13, 51711,03817, 2381,2863.25

698, 263661, 123

1,358,541503, 973731, 466656, 56570, 254

.58

32, 57440, 096

4, 596, 997

4 637, 300

31, 54560,704

72, 603* 486, 102

4,6154,214

725

28, 78930, 07529, 71716, 447

6,51244, 907

1.07

36, 466199, 121

14.34

February

668

.70

156,354

220,00088

25,632

336, 130559, 345

2, 140, 710

1, 290, 86493, 365

1261,611

200202156112149

4 12, 0744 10, 3584 18, 969

6153.25

4 631, 2454 815, 824

41,166,835516, 820691,730685, 99539, 270

.58

39, 57029, 478

483, 059

4 636, 399

38, 07069, 371

4 67, 1144 478, 905

4,5194 4, 154

665

33, 88632, 37029, 33516,777

4,68137, 647

1.00

31, 082169, 140

13.33

March

1,325

.70

171,929

228,00079

38,856

341,510946, 712

1, 540, 956

1, 653, 760106, 850

2282,925

205192156112152

13, 1899,557

22, 1612,2563.25

673, 837606, 565

1, 203, 616583, 085

4 756, 3464 750, 480

62, 139.57

30, 56133, 089

4 559, 505

4 557, 711

29, 14072, 629

72, 250473, 402

4,5194,114

453

36, 23836, 46934, 26617, 349

3,49926, 866

1.00

20, 196117, 182

11.10

April

1,029

.70

124,370

24, 827

1,346,880110, 588

1651,666

205180156113149

5033.25

531, 370633, 731850, 99926, 794

.55

28, 07222, 451

525, 008

623, 538

26, 99575, 276

11, 29124, 619

.97

40, 64394, 035

8.91

1925

February

940

.70

95,109

185,44093

28, 173

276, 043405, 400

1, 947, 640

979, 26178, 058

2162,067

219159155114148

11,90610, 12623,072

9993.00

615, 306594, 191

1,520,487

39, 625.68

62, 880627, 045

4, 8074,280

363

36, 52734, 07431, 67518,976

6,16737, 606

.94

49, 322199,,896

8.28

March

713

.70

197,359

205,09488

27,062

289, 6671,014,3451, 238, 510

2, 049, 42794, 450

4301,990

204158156113161

12, 82711,41625, 1491,0983.00

663, 665582, 665

1, 870, 472

63, 343.68

68, 848672, 600

4,8074,488

381

34, 21133, 35431, 26920, 358

5,90722, 831

.92

50, 137171, 197

8.09

April

891

.70

155, 163

180, 60984

20, 532

932, 49386, 201

2872,172

197154156113154

13, 0339,443

28, 8231,6393.00

671,878595, 988

1,824,024430, 372581, 181

1, 785, 55034, 321

.68

37, 92865, 643

474, 701

717, 853

36, 68068, 477

69, 387685, 162

4,8074,488

391

33,50433, 72733, 45119, 501

16, 69520, 373

.96

57,080154, 244

7.95

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

April,1926,from

March,1926

-22.3

0.0

-27.7

36.1

-18.6+3.5

-27.6-43.0

0.0-6.2

0.0+0.9-2.0

-77.70.0

-8.9-16.2+13.4-56. 9-3.5

-8.1-32.1

-6.2

+11. 8

-7.4+3.6

+222. 7-8.4

-3.0

+101. 2-19.8

-19.7

April,1926,fromApril,1925

+15.5

0.0

-19.8

+20.9

+44.4+28.3

-42.5-23.3

+4.1+16.9

0.00.0

-3.2

-89.3+8.3

+23.5+9.0

-52.3-21. 9-19.1

-26.0-65.8

+10.6

-13.1

-26.4+9.9

-32.4+20.8

+1.0

-28.8-39.0

+12.1

CUMULATIVE TOTALFROM JANUARY 1THROUGH APRIL 30

1995

3,561

537,489

3 606, 0943273

99,007

4, 426, 134324, 698

1,1348,236

3 37, 8143 31, 790

5,731

31,927,68031,831,225

194, 049

fe

3 202, 858

3 104, 2173102,724

3 97, 485

37, 160

207, 818

1926

4,018

556, 280

3 683, 0003256

117, 680

4, 995, 374370, 924

7347,754

3 38, 7803 30, 953

4,660

32,003,34532,083,512

2, 135, 2482, 813, 273

198, 451

130, 777

2,164,569

125, 750

3211,967

3 98, 9033 98, 9143 93, 318

25, 983

128, 387

Percentin-

crease(+}or de-

crease(-)

cumu-lative1926from1925

+12.8

+3.5

+12.7. -6.2

+18.9

+12.9+14.2

-35.3-5.9

+2.6-2.6

-18.7

+3.9+13.8

+2.3

i+4.5

1

-5.1-3.7-4.3

i -30.1

-38.2

* Quarterly data on fats and oils appeared in the reprint of the survey for the week of May 24, 1926, p. 4.k See table, p. 17 of the May, 1926, issue for earlier data.3 Three months cumulatives ending Mar. 31.< Revised.

38

TREND OF BUSINESS MOVEMENTS—Continued

The cumulatives shown are throughApril except where otherwise noted.Earlier data for items shown heremay be found on pages 26 to 151 ofthe February, 1926, "Survey"

CHEMICALS AND OILS-Continued

RoofingDry roofing felt:

Production tonsStocks, end of month tons..

Fats and Oils

Total vegetable oils:Exports _ thous. of IbsImports thous. of Ibs

Oleomargarine:Production thous. of lbs__Ingredients consumed in production*—

Coconut oil thous. of lbs__Milk__ thous. of IbsNeutral la rd__ thous. of Ibs _Oleo products ..thous. of IbsPeanut oil thous. o f l b s _ _Cottonseed oil . .thous. of Ibs

Consumption thous. of Ibs

Cottonseed

Cottonseed stocks, end of month. _. tons _Cottonseed oil:

Stocks, end of month thous. of lbs__Production thous. of IbsPrice, yellow prime,

New York dolls. pe r lb__

Flaxseed

Minneapolis and Duluth:Receipts thous. of bushs _Shipments thous. of bushs..Stocks thous. of bushs..

Linseed oil: Shipments fromMinneapolis thous of Ibs

Linseed-oil cake: Shipments fromMinneapolis thous. of lbs__

FOODSTUFFS

Wheat

Production, monthly estimate: 6

Winter. thous. of bushs..Visible supply:

United States. _ _ .thous. of bushs.Canada. thous. of bushs..

Receipts, principal markets. .. thous of bushs..Shipments, prin. markets thous. of bushs__Exports:

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

Canada —Wheat only thous of bushs

Prices:No. 1, northern, Chicago. .dolls, per bush..No. 2, red winter, Chicago-dolls, per bush..

Wheat Flour

Grindings of wheat:United States ( Census) _ .thous. of bushsCanada thous. of bushs. _

Production:United States, actual

(Census) _ ..thous. of bushs..United States, prorated

(Russell) thous. of bbls_.Canada thous. of bbls

Production, grain offal thous. of lbs__Capacity operated, flour mills per cent..Consumption, wholesale

(computed)... _ thous. of bbls..Stocks, all positions, end

of month thous. of bblsExports:

United States -thous. of bbls..Canada thous. of bbls..

Wholesale prices:Standard patents,

Minneapolis dolls, per bblWinter straights,

Kansas City dolls, per bbl_.

1926

January

18, 1954,641

7,47057, 657

22, 585

9,3276,61(52, 3594,631

5782,407

21, 501

1, 099, 371

128, 967227, 433

.11

513320

2,026

12,401

26, 501

49, 473111,12121. 64012, 358

2,4115,452

13, 199

1.841.87

40, 3586,347

8,679

10, 2876,347

728, 33554

9,513

7,000

676717

9.41

8.34

February

17, 8294,279

7,07357, 747

20, 721

8, 1325,9722,1274,169

4162,705

21, 481

744, 296

121, 606188, 549

.11

379422

1,719

10, 545

20, 330

44, 686106, 74816, 1889, 874

1,7004,613

14, 002

1.771.85

34, 5736,466

7,429

8,8116,466

625, 50350

8,635

6,600

647842

9.14

8.00

March

25, 0615,943

4,63145, 890

22, 413

8,9256,5222,2634,834

5132,347

21, 268

415, 277

90, 621151, 633

.12

533292

1,370

11, 141

10, 464

37, 385100,44615, 10111, 465

3,7706,900

14, 710

1.631.68

37, 8507,249

8,251

9,9017,249

. 682,06247

9,707

6,100

6951,302

8.81

7.88

April

4,65958, 934

20, 445

150, 765

58, 07694, 629

.12

474303

1,167

11, 061

8,902

548, 908

30, 78094, 50014, Oil10, 290

2,5336,285

5, 526

1.671.69

834682

8.76

7.51

1935

February

15, 6583,713

4,88052, 617

17, 288

6,6984,9932, 0333,963

3851,783

15,846

598, 021

127, 423158, 014

.11

859425

1,036

14, 468

29, 847

74, 16776, 18719, 92316, 168

7,38711,613

4,146

1.841.98

37, 7207,037

8,248

10, 1897,037

648, 19753

9,801

6,850

939834

9.85

8.67

March

18, 6523,813

5,39279, 213

19, 729

7,3015,6632,0864,447

3962,040

20, 125

323, 806

88, 015116, 571

.11

780391767

14, 810

20, 933

63, 32775, 04817, 26018, 367

9, 96116, 203

4,423

1.691.77

33, 5487,552

7,347

9,2977,552

576, 95543

8,360

6,400

1,3871,385

9.04

7.97

April

19, 7884,362

2, 70258, 556

18, 941

7,0995,6072,7644,519

3621,860

17, 090

4 144, 235

* 70, 3134 77, 717

.11

489253635

14, 043

15, 680

398, 486

47, 86458, 21210, 42214, 226

8, 30412, 722

4,953

1.551.70

31, 0665,585

6,781

8,1835,585

536, 26340

7,429

6,200

955710

8.25

7.04

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

April,1926,from

March,1926

+0.6+28.4

-3.9

-63.7

-35.9-37.6

0.0

-11.1+5.5

-14.8

-0.7

-14. 9

-17.7-5.9-7.2

-10.2

-32.8-8.9

-62.4

+2.5+0.6

+20.0-47.6

-0.6

-4.7

April,1926,from

April,1925

+72.4+0.6

+19.6

+4.5

-17.4+21.8

+9.1

-3.1+21.7+83.8

-21.2

-43.2

— 35. 7+62.4+34.4-27.7

-69. 5-50.6

+11.6

+7.7-0.6

-12.7-3.9

+6.2

+6.7

CUMULATIVE TOTALFROM JANUARY 1THROUGH APRIL 30

1925

54, 386

22, 428249, 831

s 56, 194

3 21, 6413 16, 198

3 6, 3673 12, 413

3 1, 2493 6, 05372, 170

1936

61, 085

23, 833220, 228

3 65, 719

3 26, 3843 19, 110

3 6, 7493 13, 634

3 1, 5073 7, 65984, 695

562, 741

3,6091,566

58, 041

97, 686

72, 33968, 625

34, 13653, 468

19, 625

3 116, 2783 27, 866

3 25, 448

3 31, 191

31,987,641

3 28, 178

4,2694,049

662, 244

1,8991,342

45, 148

66, 197

67, 51043, 987

10, 41423, 250

47, 437

3 112, 7813 20, 062

3 24, 359

328,999

32,035,900

3 27, 855

2,8523,695

Percentin-

crease(t>or de-

crease(-)

cumu-lative1926from1925

+12. 3-

+6.3-11.8

+17.0

+21.9+18.0+6.0+9.8

+20.7+26.5+17.4

+17. 7

-47.4-14.3

-22.2

-32.2

-6.7-35. &

-69. 5-56. 5

+141. 7

-3. a-28.0

-4.3

-7.0

+2.4

-1.1

-33. 2-8.7

* See table, p. 25 of the March, 1926, issue for earlier data. 3 Three months' cumulative Mar. 31. * Revised.

TREND OF BUSINESS MOVEMENTS—Continued

The cumulatives shown are throughApril except where otherwise noted.Earlier data for items shown heremay be found on pages 26 to 151 ofthe February, 1926, "Survey"

FOODSTUFFS— Continued

Corn

Exports including meal thous. of bushsVisible supply 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

OatsReceipts, principal

markets thous. of bushsVisible thous. of bushsExports, including meal ..thous. of bushs..Prices, contract grades,

Chicago dolls, per bush..Grindings, Canada ..thous. of bushs..Production, oatmeal and rolled

oats, Canada -thous. of lbs_.

Other GrainsBarley:

Receipts, principalmarkets thous. of bushs..

Visible supply thous. of bushs_.Exports thous. of bushsPrice fair to good, malting,

Chicago.. dolls, per bush..Rye:

Production, monthly est.8 thous. of bushs__Receipts, principal

markets thous. of bushs _.Visible supply m thous. of bushs _ _Exports, including flour__.thous. of bushs..Price, No 2, Chicago dolls, per bush

Total Grains

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

Bice

Southern paddy, receipts at mills.- bbls..Shipments:

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

Stocks, end of month,mills and dealers pockets (100 Ibs.) _.

Imports _ pockets (100 Ibs.)Exports pockets (100 Ibs.) _.

Paddy at California warehouses:Shipments . . sacks..Stocks, end of month sacks

Total movement to mills sacks or bbls..

Other CropsApples:

Cold-storage holdings,end of month thous. of bbls

Car-lot shipments _ carloadsPotatoes, car-lot shipments carloadsOnions, car -lot shipments _. carloadsCitrus fruits, car-lot shipments carloadsHay, receipts tons

Cattle and Calves

Cattle movement, primary markets:Receipts thousands. _Shipments, total. _ .thousandsShipments, stocker and feeder. .thousands..Local slaughter thousands

Beef products:Inspected slaughter product. -thous. of lbs__Apparent consumption °_ ..thous. of Ibs _Exports thous. of IbsCold-storage holdings,

end of month thous. of Ibs..Prices, Chicago:

Cattle, corn-fed. .dolls, per 1001bs__Beef, fresh native steers dolls, per lb__Beef, steer rounds, No. 2 dolls, per lb_.

1926

January

4,82329, 51930, 85110, 2687,191

.80

14,94866, 2841,447

.43996

13, 994

3,0346,971

783

.72

1,5206,236

1971.05

12, 702

1, 019, 566

911, 57872, 805

2, 168, 554108, 46455, 739

214, 7771, 120, 7151, 234, 343

7,0516,078

15, 8172,5249,703

98, 998

1,840675225

1,144

458, 376462, 650

8,574

80, 538

9.88.170.147

February

2,91835, 68825, 5969,9066,709

.77

11, 12861, 896

873

.41894

11, 898

2,5887,919

311

.70

1,0825,871

186.97

8,901

477, 583

608, 600131, 393

2,052,144194, 57648, 248

107, 4951, 005, 396

585, 078

5,3006,622

14, 5532,2488,399

72, 139

1,551532172

1,013

395, 362397, 616

8,373

77, 690

9.69.163.150

March

2,27059, 65019, 9949,5667,431

.74

11, 62256, 217

810

.41904

11, 208

2,9585,322

436

.66

1,03213, 079

369.86

10, 785

210, 515

498, 419176, 229

1, 824, 807190, 03665, 490

116, 952920, 259327, 467

3,3146,084

19, 5771,806

11, 55973, 286

1,811572184

1,221

450, 058456, 19712, 996

« 70, 781

9.69.160.150

April

2,21034, 93713, 1669, 9275,611

.73

13, 76248, 7043,043

.42

2,5284,436

734

.69

44, 791

1,30113, 2711,424

.89

13, 696

194, 321

471, 143122, 908

1, 556, 393156, 96435, 926

238, 209651, 901432, 530

1,6553,990

13, 7181,924

10, 89466, 037

1,711603202

1,113

450, 142

11,919

59, 928

9.13.160.152

1925

February

70434, 19921, 27412, 2706,198

1.24

14, 11076, 519

843

.57659

7,133

4, 210i 3, 850

881

1.00

1 2, 82319, 489

9441.58

14, 984

197, 214

543, 246128, 858

1,559,67978, 493

114, 109

| 19, 072532,886

i 216, 286

3,7613,802

19, 8861,984

10, 40269, 869

1,530555176967

346, 086387, 219

8,652

130, 809

9.47*.183.135

March

8936, 52624,91613, 6925,672

1.17

12, 85167, 5091,006

.49689

7,469

3,3593,834

864

.92

83318, 1682,4081.35

21, 376

43, 129

496, 485118,163

1, 059, 64998, 55479, 085

92,302375, 675135, 431

2,2883,244

20, 8621,533

11, 30974, 305

1,860645230

1,179

425, 740438, 123

8,476

116, 318

10.20.183.148

April

1,10925, 25310, 22414, 2435,240

1.08

11, 67950, 995

917

.45672

7, 358

2,0382,773

934

.88

48, 696

1,50611,41110, 749

1.12

26, 310

34, 465

389, 91595, 082

674, 10660, 72863, 246

121, 477257, 570155, 942

1,1432,216

19, 5322,900

10, 41745, 985

1,827664271

1,163

431, 009450, 64412, 004

96, 223

9.99.183.153

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

April,1926,from

March,1926

2 g-41.4-34.1+3.8

-24.5

-1.4

+18.4-13.4

+279. 0

+2.4

-14. 516 6

+68.3

+4.5

+26.1+1.5

+285. 9+3.5

+27.0

-7.7

-5.530 3

-14.7-17.4-45.1

+103. 7-29.2+32.1

-50.1-34.4-29.9+6.5-5.8-9.9

-5.6+5.4+9.8-8.8

0.0

-8.2

-15.3

-5.80.0

+1.3

April,1926,fromApril,

1925

+99.3+38.3+28.8-30.3+7.1

-32.4

+17.84 5

+231. 8

-6.7

+24.0+60.0-21.4

-21.6

-13.6+16.3-86.8-20.5

-47.9

+463. 8

+20.8+29.3

+130. 9+158. 5-43.2

+96.1+153. 1+177. 4

+44.8+80.1-29.8-33.7+4.6

+43.6

-6.3-9.2

-25.5-4.3

+4.4

-0.7

-37.7

8.6-12.6-0.7

CUMULATIVE TOTALFROM JANUARY 1THROUGH APRIL 30

1925

2,798

93, 45254, 49523, 861

62, 114

3,700

2,227

25, 761

14, 547

4,201

7,296

15, 309

80,208

723, 114

2, 410, 840561, 920

279, 252365, 419

260, 918

984, 032

14, 24281, 4399,130

44, 164

7,0862,572

8844,459

1, 683, 5271, 757, 569

38, 544

1926

12, 221

89, 60739, 66726, 942

51,460

6,173

2,794

37, 100

11, 108

2,264

4,935

2,176

46, 084

1, 901, 985

2, 489, 740503, 335

650, 040205, 403

677, 433

2, 579, 418

22, 77463, 6658,502

40, 555

6,9132,382

7834,491

1, 753, 938

41, 862

Percentin-

crease(+)

or de-crease(-)

cumu-lative1926from1925

+336. 7

-4.1-27.2+12.9

-17.2

+66.8

+25.5

+44.0

-23.6

-46.1

-32.4

-85.8

-42.5

+163. 0

+3.3-10.4

+132. 8-43.8

+159. 6

+162. 1

+59.9-21. 8-6.9-8.2

-2.4-8.4

-11.4-0.7

+4.2

+8.6

» See table, p. 29 of the May, 1926, issue for earlier data. • See table, p. 23 of the March, 1926, issue for earlier data. 4 Revised.

40

TREND OF BUSINESS MOVEMENTS—Continued

The cumulative* shown are throughApril except where otherwise noted.Earlier data for items shown heremay be found on pages 26 to 151 ofthe February, 1926, "Survey"

FOODSTUFFS— Continued

Hogs and Pork

Hog movements, primary markets:Receipts thousands .Shipments, total . thousands..Shipments, stocker and feeder. .thousands..Local slaughter thousands..

Pork products, total:Inspected slaughter product, .thous. of lbs_ .Apparent consumption0 thous. of lbs__Exports thous. of lbs__Cold-storage holdings, total,

end of month thous. of lbs__Fresh and cured in storage,

end of month thous. of lbs__Lard (included in pork products):

Production thous . of lbs_ _Exports ... thous. of lbs._Cold-storage holdings,

end of month .thous. of Ibs. ,Prices:

Hogs, heavy, Chicago dolls, per 100 lbs._Hams, smoked, Chicago dolls, per lb_.Lard, prime contract, N. Y... dolls, per lb_.

Sheep and Lambs

Sheep movement, primary markets:Receipts thousands..Shipments, total thousands. _Shipments, stocker and feeder.. thousands..Local slaughter thousands. _

Lamb and mutton:Inspected slaughter product. .thous . of lbs_ .Apparent consumption0 thous. of lbs__Cold-storage holdings,

end of month . .thous. of lbs__Prices:

Sheep, ewes, Chicago dolls, per lOOlbs..Sheep, lambs, Chicago. -dolls, per 100 lbs__

Miscellaneous meats: »Cold-storage holdings .._ thous. of lbs__

Total MeatsProduction, inspected slaughter _. thous. of lbs__Cold-storage holdings, end mo_ -.thous. of lbs__Apparent consumption ° thous . of Ibs _ _

Poultry

Receipts at five markets thous. of Ibs. _Cold-storage holdings,

end of month thous . of Ibs . .

Fish

Total catch, prin. fishing ports.. -thous. of Ibs. _Cold-storage holdings, 15th of mo .thous. of Ibs..

Dairy ProductsButter:

Receipts, 5 markets. thous. of Ibs. _Cold-storage holdings,

creamery, end of month thous. of lbs_.Apparent consumption ..thous. of lbs_.Wholesale price, 5 markets.. .dolls, per lb_.

Cheese:Receipts, 5 markets thous. of Ibs _Cold-storage holdings,

American, end of month, --thous. of Ibs. .Apparent consumption » thous. of Ibs..Wholesale price, 5 markets.. .dolls, perlb..

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

MilkCondensed milk:

Manufacturers' total stocks-Case goods thous. of lbs_-Bulk goods ._ thous. of lbs_.

Manufacturers' unsold stocks-Case goods thous. of Ibs..Bulk goods ._ thous. of lbs._

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

1926

January

4,3041,581

652,721

802, 879566, 918130, 829

620,229

556, 042

162, 31476, 670

64, 187

11.63.278.157

1,548694155856

42, 68442,526

2,354

7.8914.84

57, 168

1, 303, 939760, 289

1, 072, 094

26, 765

108, 512

13, 64448, 181

39, 424

39, 381138,165

.447

14, 854

50,33939, 057

.245

906578

22,8895,718

17, 5923,2173,7336.00

February

3,3721,345

582,035

604,958429, 713109,764

685,992

609,847

126,90565, 356

76, 145

12.05.288.152

1,48686389

615

40, 94640, 016

3, 346

7.8913.28

54, 825

1, 041, 264821, 853867, 345

19, 181

95,397

14, 75637, 378

39, 507

26,313131, 461

.449

13, 568

42, 58737, 214

.243

1,07077

19, 1426,081

14,9093,8223,7775.95

March

3,5791,428

562,144

649, 871511,952104, 679

4 719, 702

4 626, 594

138, 56764,259

4 93, 108

11.49.295.150

1,69569583

1,001

47, 61147, 676

3,289

7.7012.73

4 52, 399

1, 147, 5404 846, 1711, 015, 825

17, 6384 73, 124

23,7514 24, 894

46,0774 17, 392142, 617

.408

15, 0564 38, 041

43, 778.222

1,7414 872

• 17,0088,841

11, 7236,8873,6425.95

April

3,1351,264

541,871

572,037

100, 619

703,359

605,044

126, 41563,160

98,315

11.74.301.145

1,502698124801

40, 318

2,392

8.5313.53

48, 165

1, 062, 497813, 844

13, 992

52,776

18, 53916, 117

45, 501

17, 490

.392

15, 531

35, 589

.200

2,0873,717

3,6855.92 I

1925

February

4,5581,580

353,010

726, 051483,364114,706

1, 017, 282

865,355

161, 69760,363

151,927

11.15.231.161

1,388675119711

34, 94534,953

2,294

8.4417.27

101, 163

1, 107, 0821, 251, 548

905, 536

19, 900

130, 513

18, 18144,034

35, 181

28,789127, 753

.412

12, 845

34,64733, 743

.229

1,17721

12,3215,956

2,6282,4072,9615.88

March

3,5281,239

522,285

547, 772462,563123,281

979, 739

829, 557

115, 01663,281

150, 182

13.48.269.171

1,50467094

836

40, 57240, 710

2,090

9.1816.05

94, 128

1, 014, 0841, 192, 275

941, 396

15, 318

108, 608

23,70829, 865

40,725

10,875143, 108

.467

14, 898

27, 71639, 245

.226

1,8461,240

13, 5545,537

1,7022,5572,6745.88

April

3,2461,199

412,039

519,331450, 80183,215

965, 688

814, 189

113, 27744, 447

151, 499

12.58.282.161

1,541704109833

40, 61040, 680

1,998

7.9214.16

87,090

990, 9501, 150, 999

942, 125

13, 539

82, 732

18, 14322, 442

42, 141

3,739150, 604

.437

15, 436

28, 14735,860

.224

2,5634,872

17, 5855,683

8,2732,5043,7575.88

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

April,1926,from

March,1926

-12.4-11.5-5.6

-12.7

-12.0

-3.9

-2.3

-3.4

-8.8-1.7

+5.6

+2.2+2.0-3.3

-11.4+0.4

+49.4-20.0

-15.3

-26.4

+10.8+6.3

-8.1

-7.4-3.8

-20.7

-27.8

-21.9-35.3

-1.2

+0.6

-3.9

+3.2

-6.4

-9.9

+19.9+326. 3

+1.2-0.5

April,1926,fromApril,1925

-3.4+5.4

+31.7-8.3

+10.1

+20.9

-27.2

-25.7

+11.6+42.1

-35.1

-6.7+6.7-9.1

-2.5-0.9

+13.8-3.8

-0.7

+19.7

+7.7-4.4

-44.7

+7.2-29.3

+3.3

-36.2

+2.2-28.2

+8.0

+367. 8

-10.3

+0.6

+36.1

-10.7

-18.6-23.7

-1.9-0.7

CUMULATIVE TOTALFROM JANUARY 1THROUGH APRIL 30

1935

17,4376,194

16611, 244

2,743,8922,020,640

465,423

584, 179246, 531

5,9002,737

4603,166

155, 782156, 618

[

4, 583, 201

3, 934, 827

77, 159

71, 060

155, 828

59, 381

6,204

14, 093

1936

14,3905,618

2338,771

2, 629, 745

445, 891

554, 201269, 445

6,2312,950

4513,273

171, 559

4, 555, 240

77, 576

70, 690

170, 509

59, 009

5,804

14,837

Percentin-

crease(t}or de*

crease(-)

cumu-lative1926from1925

-18.5-9.3

+40.422 0

-4.2

-4.20

-5.1+9.3

+5.6+7.8-2.0+3.4

+10.1

-0.6

+0.5

-0.5

+9.4

+1.1

-6.4

+5.3

* Revised.» See table, p. 29 of the May, 1926, issue for earlier data.

° See table, p. 23 of the March, 1926, issue for earlier data.See table, p. 20 of the April, 1926, issue for earlier data.

41

TREND OF BUSINESS MOVEMENTS—Continued

The cumulative* shown are throughApril except where otherwise noted.Earlier data for items shown heremay be found on pages 26 to 151 ofthe February, 1926, "Survey"

FOODSTUFFS— Continued

Milk— Continued

Evaporated milk:Manufacturers' total stocks,

case goods thous. of lbs_.Manufacturers' unsold stocks-

Case goods _thous. of lbs__Exports thous. of lbs_.Wholesale price, New York .dolls, per case..

Powdered milk:Manufacturers' total stocks. -thous. of lbs_.Manufacturers' unsold stocks thous. of lbs_.Exports thous. of Ibs. _

Fluid milk:Receipts-

Boston (incld. cream) thous. of qts__Greater New York thous. of cans..

Production —Minneapolis district (excluding

cream) thous. of Ibs

SugarRaw:

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

Meltings, eight ports long tons _Stocks at refineries, end mo long tons..Receipts, domestic at New

Orleans long tons..Refined:

Exports, including maple long tons..Prices:

Wholesale, 96° centrifugal,N Y dolls, per Ib

Wholesale granulated N Y dolls per IbRetail granulated N Y dolls, per IbRetail, average, 51 cities index number..

Cuban movement:Receipts at Cuban ports _ _ .long tonsExports long tons..Stocks end of month long tons

CoffeeImports _ . thous. of IbsVisible supply:

World thous of bagsTJnited States thous of bags

Receipts, total, Brazil thous. of bagsClearances:

Total, Brazil, for world thous. of bags..Total, Brazil, for U. S thous. of bags

TeaImports thous. of Ibs

TOBACCO

Consumption (tax-paid withdrawals) :Large cigars millionsS mall cigarettes millionsManufactured tobacco

and snuff thous. of IbsExports:

Unmanufactured leaf _ thous. of IbsCigarettes.. millions..

Sales, loose-leaf warehouses ... .thous. of IbsPrice, wholesale, Burley good leaf,

dark red Louisville dolls per 100 IbsStocks (reported quarterly) :

Chewing, smoking, snuff, andexport mills of Ibs

Cigar tobacco mills of IbsTotal, including imported mills of Ibs

TRANSPORTATION

River and Canal Cargo Traffic

Panama Canal:Total cargo traffic thous. of long tons.In American vessels thous. of long tonsIn British vessels thous of long tons

Suez Canal thous. of metric tonsCape Cod Canal _ gross tonsMississippi River, Govt. barges short tons..Ohio River, Pittsburgh, Pa., to

Wheeling, W. Va_. short tons.

i Quarterly figi

1926

January

107,304

82, 8975,9624.72

5,7264,370

203

16, 0102,522

27, 188

58,309233, 867367, 43989, 144

28,386

6,553

.042

.051

.058122

611, 099379,723364, 430

143,268

4,753685

1,157

1,007572

7,546

4346,944

34, 411

46, 891852

111, 199

25.00

1,385356

1, 819

2,3471,152

6252,245

96,84557, 996

155, 339ires ending

February

92,974

70, 1874,7014.44

5,7743,730

190

14, 8762,320

26, 126

144, 273434, 261444, 259178, 803

1,980

9,645

.042

.052

.060122

769, 537445, 215684, 263

122, 965

4,761798939

1,236610

7,080

4516,240

34,054

47, 147513

83,462

25.00

— --

2,1391,092

5232,061

105,01049, 975

273,207

< Mar. 30, ]

March

89, 195

63,7287,8584.38

285

17,1232,639

150, 677453, 158497, 912290, 061

258

16, 141

.040

.049

.059122

920, 480454, 631

1, 107, 066

146, 048

4,747743

1,056

1,071649

5,776

5647,633

37,428

36, 167906

25,210

25.00

1 1, 5321433

12,041

2,6071,403

7012,471

162, 28274, 688

571, 193

926.

April

9,2614.36

285

183, 482460,329464, 740461, 857

136

11, 195

.041

.052

.058120

757, 373465, 263

1, 452, 146

129,064

4,464694761

1,235353

4,891

5096,973

33, 891

43, 388947

15, 078

25.00

2,238

196, 66174,000

761, 947

1925

February

72,460

42, 1876,7004.18

5,3813,536

293

14, 1492,281

21,356

116, 390372,911413, 742123,302

403

14,108

.046

.058

.070140

833, 934504, 146623, 658

79, 992

5,112652765

756377

6,084

4525,681

33, 172

24,127735

51,833

24.50

1,8401,037

4282,209

89, 11995,907

345, 183

March

91,309

64, 9366,4174.16

5,0913,349

296

16,4722,603

24, 411

140, 991446,354539, 058184, 668

432

21, 455

.047

.059

.069140

876, 210677, 797802,936

135, 167

5,329888889

770462

7,417

5046,270

34, 346

32,475721

14, 556

24.50

1,522423

2,036

2,1041,221

5102,724

92, 87491, 787

401,371

3Ttr

April

117, 321

93,0009,4904.08

5,8773,652

205

16, 6632,500

24, 290

171, 490486, 599542, 264282,892

518

20, 284

.045

.056

.067136

836, 676536, 148

1, 158, 245

86,097

5,353695715

679278

4,786

4946,048

34, 159

30, 850970

4,307

24.50

1,9511,114

4522,548

94,46498,417

572, 528

ee months

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

April,1926,from

March,1926

+17.9-0.5

0.0

+21.8+1.6-6.4

+59.2

-47.3

-30.6

+2.5+6.1-1.7-1.6

-17.7+2.3

+31.2

-11.6

-6.0-6.6

-27.9

+15.3-45.6

-15.3

-9.8-8.6

-9.5

+20.0+4.5

-40.2

0.0

-14.2

+21.2-0.9

+33.4

ending IV

April,1926,from

April,1925

-2.4+6.9

+39.0

+7.0-5.4

-14.3+63.3

-73.7

-44.8

-8.9-7.1

-13.4-11.8

-9.513.2

+25.4

+49.9

-16.6-0.1+6.4

+81.9+27.0

+2.2

+3.0+15.3

-0.8

+40.6-2.4

+250. 1

+2.0

+14.7

+108. 2-24.8

+33.1lar. 31.

CUMULATIVE TOTALFROM JANUARY 1THROUGH APRIL 30

1925

28,559

1,129

482, 2591,580,3741, 794, 104

4,349

62, 903

3, 184, 4192,093,304

410,304

3,243

3,2471,740

25,948

1,92424, 652

137, 134

123, 6023,132

164, 247

7,8023 3, 20131,45437,238

381,055367, 198

1,685,052

1926

27, 782

963

536, 7411, 581, 6151,774,350

30, 760

43,534

3, 058, 4891, 744, 832

541, 345

3,913

4,5492,184

25, 293

1,95827, 790

139, 784

173, 5933,217

234, 949

9,33133,6473 1, 8493 6, 777

560, 798256, 659

1, 761, 686

Percentin-

crease(+)

or de-crease(-)

cumu-lative1926from1925

-2.7

-14.7

+11.3+0.1-1.1

+607. 3

-30.8

-4.0-16.6

+31.9

+20.7

+40.1+25. 5

-2.5

+1.8+12.7

+1.9

+40.4+2.7

+43.0

+19. 6+13.9+27.2-6.4

+47.2-30.1

+4.5

42

TREND OF BUSINESS MOVEMENTS—Continued

The cumulatives shown are throughApril except where otherwise noted.Earlier data for items shown heremay be found on pages 26 to 151 ofthe February, 1926, "Survey"

TRANSPORTATION— Continued

Ocean Traffic

Clearance, vessels in foreign trade:Total thous. of net tonsAmerican .thous. of net tons__Foreign thous. of net tons

Freight rates, liners, Atlantic ports to Europe —index no rel to Jan 1920

Shipbuilding

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

Building or under contract, end of mo.:

Freight Cars

Surplus (daily av. last week of month) :Total carsBox cars..Coal . cars__

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 carsCoal and coke. thous. of cars _Forest products thous. of carsOre thous of carsMerchandise and 1. c. 1 thous. of cars..Miscellaneous thous. of cars

Railroad OperationsRevenue:

Freight thous of dollsPassenger thous of dollsTotal operating thous of dolls

Operating expenses thous. of dolls..Net operating income thous of dollsFreight carried mills. ton-miles--Pullman company operations:

Revenue thous of dollsExpenses thous of dollsPassengers carried thousands

Railway Equipment

Locomotives (Am. Ry. Assn.):Owned end of month number

Tractive power. mills, of lbs_.In bad order, end of month number

Per cent of total in use per centInstalled during month numberRetired during month numberOrdered from manufacturers number. _Building in railroad shops end of monthShipments-

Total number. _Domestic-

Steam numberElectric ._ ._ number

Foreign-Steam. . . numberElectric number

Unfilled orders (end of month) —Total numberDomestic-

Steam numberElectric number

Foreign-Steam numberElectric number

Exports-Steam _ _ number

Freight cars (Am. Ry. Assn.):Owned, end of month cars

Capacity mills of IbsIn bad order end of month cars

Per cent of total in use per centInstalled during month- carsRetired during month _ _ _ carsOrdered from manufacturers _ t cars.Shipments by manufacturers (I. C. C.)—

Total . _ carsDomestic _ _ cars

Building in railroad shops,end of month ..cars.

1926

January

4,6161,6003,016

26.3

8,6294,517

268

250, 935113, 86092, 040

21810

170

4,43222616399831249

1,1721,512

347, 56889, 505

480, 995378, 64965, 72537, 678

7,1075,5432,991

63, 5932,588

10, 08716.01912066038

121

9611

140

653

50653

5242

58

2, 344, 016210, 009158, 160

6.84,6077,396

11, 531

3,2992,968

10. 080

February

4,5191,5902,929

25.2

7,578312

251

207, 68387,38974, 151

1978315

3,67617111377029942

9901,292

340, 27678, 595

460, 204360, 59063, 28935, 414

6,0325,2662,608

63, 5482,592

10, 07616.0175222

1340

163

10122

382

572

44260

3040

38

2,345,508210, 362161, 959

7.07,6656,100

11, 353

6,9046,412

10, 718

March

5,0341,7213,313

24.3

33,01628, 850

228

246, 54995, 478

104, 280

13None.None.

3,87715911478330744

1,0631,407

401, 19780, 779

530, 453396, 47394, 52338, 672

6,3875,7032,718

63, 5482, 596

10, 19116.2204205204103

162

14611

41

780

63550

5441

. 20

2, 346, 242210, 569162, 470

7.08,2847,5607,640

8,8118,668

8.373

April

5,1121,7963,316

24.2

22,87418, 096

276, 573118,419115,205

12None.

8

3,796150104705300

551,0571,424

63, 4402,5979,83615.618929525195

151

12212

116

713

58044

6029

9

2, 348, 148210, 966159, 845

6.910, 5058,0405,622

9,2579,207

8.743

1925

February

4,5501,7502,800

25.5

5,3293,340

185

285, 015103, 177138,425

16710010

3,623169123734320

45978

1,255

336,94677, 599

455, 185355, 68665, 15133, 570

5,6524,9932,503

64, 7792,592

11, 40717.712.51694977

88

697

93

414

31851

3312

13

2, 346, 687208, 339185,047

8.015, 0249,4535,388

10, 3359,881

4.878

March

5,0511,9933,058

25.6

23, 96618, 808

196

344, 959113,615185, 724

605

25

3,70215111064832547

1,0401,382

360, 77979, 588

486, 668377, 401

73, 37535, 332

6,2705,4212,651

64, 7472,593

11, 61318.113817010683

117

8813

142

461

32451

7115

27

2, 350, 697208,908186, 417

8.116,00712, 0674,677

10,71810, 503

5,572

April

5,6222,4053,217

26.0

15, 5266,261

238

337, 181131,212160, 913

15None.

15

3,72713111160231291

1,0381,442

347, 02978, 373

473, 497370, 62366, 19933, 577

6,0085,1682,701

64, 5092,587

11,40117.3171409

8482

101

7814

90

490

34341

7729

19

2, 353, 956209, 368189, 514

8.213, 74910, 4975,525

9,3529,212

8,072

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

April,1926,from

March,1926

+1.5+4.4+0.1

-0.4

-30.7-37.3

+12.2+24.0+10.5

-7.7

-2.1-5.7-8.8

-10.0-2.3

+25.0-0.6+1.2

-0.20.0

-3.5-3.7-7.4

+43.9+23.0'-7.8

-6.8

-16.4+9.1

-75.0

-8.6

-8.7-12.0

+11.1-29.3

-55.0

+0.1+0.2-1.6-1.4

+26.8+6.3

-26.4

+5.1-6.2

+4.4

April,1926,fromApril,

1925

-9.1—25.3+3.1

-6.9

+47.3+189. 0

-18.09.7

-20.0

-46.7

+1.9+14.5

-6.3+17.1-4.2

-39.6+1.8-1.2

-1.7+0.4

-11.4-9.8

+10.5-27.9

+198. 8+15.9

+49.5

+56.4-14.3

-88.9

+45.5

+69.1+7.3

-22.10.0

-52.6

-0.2+0.8

-15.7-15.9-23.6-23.4+1.8

-1.0-0.1

+8.3

CUMULATIVE TOTALFROM JANUARY 1THROUGH APRIL 30

1925

20,3497,968

12,382

59,89441, 247

15, 509696525

3,0561,296

2324,1885,518

3 1, 048, 4913 245, 926

3 1, 426, 8723 1, 117, 049

3 204, 586105, 928

3 18, 2423 15, 616

3 7, 954

601961266

404

27646

757

98

56, 54839, 88425, 902

38, 77036, 627

1926

19, 2816,707

12, 574

72,09751, 775

Percentin-

crease(t}

or de-crease(-)

cumu-lative1926from1925

-5.2-15.8+1.6

+20.4+25.5

15, 782707494

3,2571,218

1894,2825, 635

3 1, 089, 041s 248, 879

3 1, 471, 6523 1, 135, 712

3 223, 537111, 764

3 19, 5263 16, 512

3 8, 317

759928528

597

46556

5719

125

31,06129, 09636, 146

28, 27127, 255

+1.8+1.6-5.9+6.6-6.0

-18.5+2.2+2.1

+3.9+1.2+3.1+1.7+9.3

+7.0+5.7+4.6

+26.3-3.4

+98.5

+47.8

+68.5+21.7

-24.0+171. 4

+27.6

-45.1-27.0+39.5

-27.1-25.6

* Three months' cumulatives ending Mar. 31.

43

TREND OF BUSINESS MOVEMENTS—Continued

The cumulatives shown are throughApril except where otherwise noted.Earlier data for items shown heremay be found on pages 26 to 151 ofthe February, 1928, tfSurvey"

TRANSPORTATION— Continued

Railway Equipment— Continued

Passenger cars:Ordered from manufacturers carsShipments by manufacturers (I. C. C.)—

Total cars .Domestic cars__

Passenger Travel

National parks:Visitors number--Automobiles entered number..

Arrivals from abroad:Immigrants number..United States citizens '..number..

Departures abroad:Emigrants. ._ number __United States citizens number _ _

Passports issued - - _ - . . _ . number. _

PUBLIC UTILITIES

Telephone companies:Operating revenues thous. of dolls. _Operating income thous. of dolls. _

Telegraph companies: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. hoursBy water Dower... _ .mills, of kw. hours..By fuels mills, of kw. hours. _In street railways, man-

ufacturing plants, etc.inills. 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..

Federal civilian employees,Washington, D. C., end of mo number..

Average weekly earnings (State reports):New York State dolls..Illinois (rel. to 1922) index number. .Wisconsin (rel. to 1915) index number. .Massachusetts (rel. to 1914) .index number. _New Jersey (rel. to 1923) _ . -index number _ _Pennsylvania (rel. to 1923). .index number. _Delaware (rel. to 1923) index number--

Average weekly earnings National IndustrialConference Board:

Grand total (both sexes) 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 hour..Middle Atlantic. . __ cents per hour..South Atlantic cents per hour..East South Central cents per hour..West South Central cents per hour..East North Central cents per hour..West North Central cents per hour..Mountain cents per hour..Pacific.. cents per hour..United States average cents per hour..

1936

January

217

176157

36, 2382,411

19, 07219, 695

5,28625, 9879,054

58, 18914, 115

10, 43012, 7671,450

106, 97537, 588

6,1211,9564,165

4385, 683

153, 300

513262

949283

123.298.892.9

14,905282.3' 98

8890

61, 296

29.05114.3228.6188.8

104100104

27.0729.4731.1623.7617.07

49.948.5

45462728253636425137

February

152

165165

38,7132,265

20, 04123, 687

3,23229, 1088,411

56, 50913,748

9,83712, 0731,226

99, 95333, 737

5,5981,9063,693

4115, 187

143, 800

515270

949486

125.3101.494.1

14, 720302.3

979293

61, 199

28.58118.4240.5189.3

104103104

27.4930.0431.7924.0417.31

49.848.9

57422826273935415138

March

107

115102

54, 9554,081

29, 50429, 987

3,45725, 21516, 502

59, 58114, 056

11, 27813, 8362,092

6,1012,2463,855

4225,679

517270939386

124.8101.895.0

14, 996302.9

989293

61, 274

29.03116.4241.9184.8

105104103

27.4930.1331.8224.2117.30

50.149.0

56463024273836445339

April

230

225225

27, 239

!

1

509252919385

123.4101.592.6

14, 691298.7

969093

28.85116. 9241.2180.3

105103104

54462724284037455239

1925

February

90

6262

45, 7001,267

20, 91323, 186

4,08723, 2118,816

49, 89011, 782

8,82010, 8691,340

93, 30830, 689

4,9821,7413,241

3844,598

124, 800

505211879283

119.6100.093.9

14, 133280.8

879187

65, 505

27.97113.9234.1189.1

101101102

27.1229.3530.9623.8117.70

49.948.6

45462326294139395138

March

111

4545

58, 0823,171

26, 61929, 228

4,99324, 60415, 304

52, 76212, 852

9,82112, 0711,816

95, 37731, 418

5, 3642,0403,324

4004,964

119, 000

511226879283

120.198.993.6

14, 532279.1

889187

64, 884

28.45112.1231.7188.9

101101102

27.1929.4531.0923.8617.62

49.948.6

48442524283641435338

April

104

5650

66, 4762,888

26, 74426, Oil

5,68423, 70025, 040

52, 94513, 230

9,68411,8611,657

93, 49330,435

5,1522,0223,130

3744,778

116,800

502237879181

120.197.992.4

13, 881280.5

868887

65, 037

27.67113.2232.9184.5

9899

101

27.0129.2530.8523.7517.44

49.948.2

47462923273737425338

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

April,1926,from

March,1926

+115.0

+95.7+120. 6

+65.1

April,1926,fromApril,1925

+121. 2

+301. 8+350. 0

+8.8

i

-1.5-6.7-2.2

0.0-.12-3.9-0.3-2.5

-2.0-1.4-2.0-2.2

0.0

-0.6+0.4-0.3-2.4

0.0-1.0+1.0

-3.60.0

-10.00.0

+3.7+5.3+2.8+2.3-1.9

0.0

+1.4+6.3+4.6+2.2+4.9+2.7+3.7+0.2

+5.8+6.5

+11.6+2.3+6.9

+4.3+3.3+3.6-2.3+7.1+4.0+3.0

+14.90.0

-6.9+4.3+3.7+8.1

0.0+7.9-1.9+2.6

CUMULATIVE TOTAL !FROM JANUARY 1THROUGH APRIL 30

1925

383

231225

3 142, 0743 5, 290

3 68, 4843 69, 401

3 15, 2633 70, 3533 57, 800

3 154, 6753 37, 126

3 28, 0333 34, 533

3 15, 9183 5, 476

3 10, 442

1926

706

681649

3 129, 9063 8, 757

3 68, 6173 73, 3693 11, 9753 80, 3103 61, 206

3 174, 2793 41, 919

3 31, 5433 38, 676

3 17, 8203 6, 108

3 11, 713

•

Percentin-

crease(-yor de-crease(-)

cumu-lative1926from1925

+84.3

+194. 8+188. 4

-8.6+65.5

+0.2+5.7

-21. 5+14.2+5.9

+12.7+12.9

+12.5+12.0

+11.9+ 11.5+12.2

1 Cumulatives ending Mar. 31.

44

TREND OF BUSINESS MOVEMENTS—Continued

The cumulatives shown are throughApril except where otherwise noted.Earlier data for items shown heremay be found on pages 26 to 151 ofthe February, 1926, "Survey"

IEMPLOYMENT AND WAGES— contd.Wage rates, U. S., Steel

Corporation cents per hour. _Applicants per 100 jobs, employment agencies:

United States average numberEastern States numberCentral States . numberSouthern States numberWestern States .. number

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 thous. of dolls _Total stores operated . numberF. 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 numberChain stores:

Groceries-Sales ... . .thous. of dollsStores operated number

Drug-Sales thous. of dolls _Stores operated number

Cigar-Sales thous. of dolls..Stores operated number

Shoes-Sales thous. of dolls..Stores oDerated ... number

Music-Sales. thous. of dolls..Stores operated number

Candy-Sales.. thous. of dollsStores operated _ number

Restaurant chains:Total sales.. _ _ _ . -thous. of dollsTotal stores operated numberChilds Co., sales . thous. of dollsWaldorf System (Inc.),

sales _ thous. of dollsOther chain stores:

J. C. Penney Co thous. of dollsStores operated number

United Cigar Stores Co thous, of dolls..Stores operated number

A. Schulte (Inc.) thous. of dolls..Stores operated number

Owl 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. oflines..Automobile advertising thous. of lines. .Automobile accessories thous. of lines..Cigars, cigarettes, and

tobacco thous of linesFinancial .thous. of linesFood, groceries, beverages --thous. of lines. .Hotels and resorts thous. of lines..Household furniture thous. of lines. .Men's clothing _ thous of linesMusical instruments thous. of lines..Radio and electrical thous of linesRailroads and steamships.. thous. of lines..Shoes thous of linesToilet articles and medical

preparations _. thous . of linesWomen's wear _ thous. of linesMiscellaneous thous. of lines. .

1926

January

50

17413823713975

42, 40137, 85822, 59115, 267

27, 7672,078

15, 1681,4237,451

3052,102

1833,046

167

80, 13724, 327

6,978612

7,5453,265

2,524522

91160

2,028232

3,246226

2,120

1,126

4,970671

5,6082, 9851,895

2691,261

88

1,77892, 797

24, 5436,063

760

1,6211,1532,610

4131503086

1,3101,401

56

5, 90526

2,959

February

50

15810822212075

40, 58836, 26821, 42314, 845

28, 4282,084

15, 4781,423

• 7,496312

2,174182

3,280167

81,01224, 471

6,735622

7,5443,266

2,274522

94761

2,101229

2,971226

1,926

1,045

5,478671

5,6102,9841,894

2711,194

88

2,14591, 497

27, 3396,327

507

2,084823

3,55726225181

2231,3161,221

56

7,13763

3,431

March April

i

50

13711718511464

47, 50840, 26221, 99618, 266

33, 2792,094

18, 3091,4318,472

3162,654

1803,844

167

84, 66024, 649

7,671632

8,4423,270

3,340529

1,01359

2,504236

3,291227

2,141

1,150

7,975687

6,2672,9862, 133

2731,367

88

2,372113, 772

32, 7666,827

845

2,0031,1544,409

279681369244

1,2421,239

240

8,504293

4,437

50

12611415713762

44, 28238, 84122,99815, 843

33, 7682,104

18, 9671,4358,591

3222,446

1803,764

167

93, 46724, 770

7,564638

8,8863,288

3,880538

1,00061

2,745249

2,171

8,762692

6,5042,9952,341

2821,291

88

2,620114, 878

32, 6096,1931,275

2,850925

4,920383

1,261492124872

2,119287

6,005336

4,567

1925

February

50

16313922213257

38, 41833, 75621, 03312, 723

26, 1301,969

14, 8531,3716,644

2621,783

1762,850

160

65, 36820, 385

5,730528

7,0262,809

2,334456

89355

2,123195

2,826219

1,837

989

4,258569

5,2112,5371,759

2581,242

84

1,97585, 902

March

50

14512618913465

43, 64235, 83719, 81716,020

29, 6841,982

16, 9171,3817,453

2672,021

1743,293

160

70, 79220, 835

6,285531

7,7862,884

2,968462

94654

2,283196

3,090219

2, 005

1,085

6,050582

5,8292,6111,898

2601,394

84

2,222106,284

1

1

April

50

12411115212063

42, 71736, 27521, 74714, 528

32, 7221,992

18, 8951,3898,150

2672,265

1763,412

160

72, 41221, 297

2,243532

7,9192,908

4,138471

97055

2,545212

2,992218

1,954

1,038

7,240585

5,9342,6331,926

2621,337

85

2,443107, 835

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

April,1926,from

March,1926

0.0

-8.0-2.6

-15.1+20.2-3.1

-6.8-3.5+4.6

-13.3

+1.5+0.5+3.6+0.3+1.4+1.9-7.8

0.0-2.1

0.0

+10.4+0.5

-1.4+0.9

+5.3+0.6

+16.2+1.7

-1.3+3.4

+9.6+5.5

+1.4

+9.9+0.7+3.8+0.3+9.8+3.3-5.6

0.0

+10.5+1.0

—0 5-9.3

+50.9

+42 3— 19 8+11.6+37.3+85.2+33 3—49.2

April,1926,from

April,1925

0.0

+1.6+2.7+3.3

+14.2-1.6

+3.7+7.1+5.8+9.1

+3.2+5.6+0.4+3.3+5.4

+20.6+8.0+2.3

+10.3+4.4

+29.1+16.3

+237. 2+19.9

+12.2+13.1

-6.2+14.2

+9.3+3.1

+7.9+17.5

+11.1

+21.0+18.3+9.6

+13.7+21.5+7.6-3.4+3.5

+ 7.2+6.5

CUMULATIVE TOTALFROM JANUARY 1THROUGH APRIL 30

1925

164, 114140, 61484, 76955, 935

113, 838

64, 870

28, 919

| 7, 772

12, 351

278,733

20, 324

29, 986

11, 939

3,640

8,917

3 8, 999

7,779

3 3, 174

21, 477

22, 363

7,391

5,300

8,177401, 754

—29 8 i+71. 0 i+19 6

-29.4+14. 7 : I+2.9 ' i

1926

!

174, 779153, 22989, 00864, 221

123, 242

67, 922

31,010

9,376

13, 934

339, 276

28, 948

32, 417

12,018

3,871

9,378

s 9, 508

8,358

3 3, 321

17, 185

23, 989

Percentin-

crease(+)

or de-crease<-)

cumu-lative1926from1925

+6. 5-+9.0+5. 0

+15.0

+8.3.

+4.7

+7.2

+20.6

+12. &

+21. 7

+42.4

+8.1

+0.7

+6.3

+5.2

+5.7

+7.4

+4.6-

-20. a+7.3

9,263 1| +11.&i

5,113 -3.5

8,915412, 944

117 25725* 410 i3 387

8 5584,055

15 4961,3372,343

972677

4,7405 980

639

27,551 i718 i

15.394 !

+9.0+2.8-

3 Three months' cumulative ending Mar. 31.

45

TREND OF BUSINESS MOVEMENTS—Continued

The cumulative s shown are throughApril except where otherwise noted.Earlier data for items shown heremay be found on pages 26 to 151 ofthe February, 1926, "Survey"

DISTRIBUTION MOVEMENT— Contd.

Postal Business

Postal receipts, 50 selectedcities -. thous. of dolls..

Postal receipts, 50 industrialcities thous. of dolls..

Money orders:Domestic paid (50 cities) —

Quantity .number..Value thous . of dolls . .

Domestic issued (50 cities)—Quantity number..Value thous. of dolls..

Wholesale Trade

Delinquent accounts, electrical trade:Amount... dollars..Number of firms number. .

Sales Tax Receipts

Interval revenue-taxes collected:Firearms and shells ..thous. of dolls..Jewelry, watches, and

clocks .thous. of dolls..Theater admissions thous. of dolls..Bonds and stocks issued and

conveyances - thous. of dolls _ _Capital stock transfers thous. of dolls _ _

BANKING AND FINANCE

Life Insurance

(Association of Life Insurance Presidents)

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 _ _All other mills, of dolls. _

Policy loans and premiumnotes mills, of dolls. .

Other admitted assets mills of dolls

(Life Insurance Sales Research Bureau)

Sales of ordinary life insurance (81 companies) :United States total thous. of dolls..Eastern manuf. district thous. of dolls..Western manuf. district thous. of dolls. _Western agric. district thous. of dolls..Southern district thous. of dolls..Far western district thous. of dolls..

Banking

Debits to individual accounts:New York City mills, of dolls..Outside New York City mills, of dolls..

Bank clearings:New York City mills, of dolls..Outside New York City mills, of dolls..

Federal reserve banks:Bills discounted mills, of dolls..Notes in circulation mills, of dolls..Total investments mills of dollsTotal reserve mills of dollsTotal deposits mills of dollsReserve ratio per cent

Federal reserve member banks:Total loans and discounts... mills, of dolls. _Total investments mills, of dolls..Net demand deposits mills, of dolls. .

Interest rates:New York call loans per cent..Commercial paper 4-6 mos per cent..

Savings deposits:U. S. Postal Savings thous. of dolls..New York State savings

banks thous. of dolls..

1936

January

29, 116

3,193

10, 60778, 898

3,08831, 189

159,0381,339

100

1,8632,190

3,0171,629

124, 69541, 2475,007

170, 949

9,481

3,9131,5272,386

3,8071,0432,046

607111

1,122639

572, 639241, 508121, 40885, 23968, 87455, 610

30, 53823, 581

27, 10119,631

4491,667

6702,9532,27275.0

13, 9495,478

13, 034

4.504.38

134, 091

3, 593. 530

February

28, 088

3,172

9,90574, 312

2,99030, 481

137, 5171,552

81

1,0532,140

2,6671,639

123, 45637, 8018,107

169, 364

9,546

3,9611,5332,428

3,8111,0262,057

620108

1,129645

640, 775266, 359140, 07696, 70478, 83558,801

24, 81320, 016

21, 45316,583

5401,679

6452,9172,26274.0

13, 9305,492

12, 935

4.944.13

134, 997

3. 625, 038

March

33, 454

3,525

12, 54394, 968

3,53935, 411

222, 7681,897

48

6082,604

2,4081,363

142, 14343, 3444,814

190, 301

9,630

4,0161,5432,473

3,8251,0072,074

636108

1,141648

790, 669314, 969177, 861121, 29097, 90478,645

33, 00623, 432

28,09219, 502

6321,656

5932,9202,32373.4

14, 0525,495

12, 901

4.594.28

134, 926

3, 671, 730

April

30, 851

3,234

11,41187, 948

3,21832, 887

249, 6181,881

38

1812,127

1,8511,856

139, 12340, 6733,240

183, 126

9,717

4,0731,5522,521

3, 846996

2,091650109

1,152646

743, 635301, 053156, 590119, 91494, 64971, 629

29, 30022, 512

25, 96418, 649

5141,662

6012,9542,24275.7

13, 9495,576

12, 829

4.384.20

134, 850

1935

February

25,644

2,856

10, 53374, 014

2, 96028, 683

223, 6491,456

120

1, 1102, 127

2,2801,513

116, 97532, 9013, 125

I 153,000

8,606

3,4101,4601,950

3,5611,0781,927

454102

1,032602

611, 480259, 837131, 41092, 43272, 36755, 435

22,9241 18, 571i

21,05715, 738

4341,729

6963,0302,27075.8

13, 1435,396

12, 932

3.813.66

134, 033

3, 417, 732

March

29, 085

3,035

12, 90991, 845

3,60533, 512

231, 9111,806

139

5222,229

2,4571,201

128, 54437, 0229,173

174, 738

8,673

3,4491,4741,975

3,5831,0671,939

474102

1,039603

702, 994284, 997152, 821111, 12985, Oil69, 036

26, 38221, 219

23, 34917, 855

3781,709

6633,0082,18477.3

13, 1405,478

12, 588

4.003.94

• 133,892

3, 462, 469

April

29, 083

3,108

12, 03187, 883

3,23431,097

216, 9501,953

286

5652,313

2,8601,293

128, 71033, 8295,124

167, 663

8,755

3,4961,4832,013

3,5951,0611,946

486102

1,048615

716, 078293, 452149, 330116, 07988,05469,163

23, 94520, 592

22,87917,821

4001,684

6282,9932,18777.3

13,2325,484

12,814

4.003.97

133, 216

3, 468, 903

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

April,1926,from

March,1926

-7.8

-8.3

-9.0-7.4

-9.1-7.7

+12.1-0.8

-20.8

-70.2-18.3

-23.1+36.2

-2.1-6.0

-32.7-3.8

+0.9

+1.4+0.6+0.2

+7.0-6.1+7.5

+33.7+6.9

+9.9+5.0

-5.9-4.4

-12.0-1.1-3.3-8.9

-11.2-3.9

-7.6-4.4

-18.7

KJ+1.2-3.5+3.1

-0.7+1.5-0.6

-4.6-1.9

-0.1

April,1926,from

April,1925

+6.1

+4.1

-5.2+0.1

-0.5+5.1

+15.1-3.7

-86.7

-68.0-8.0

-35.3+43.5

+8.1+20.5-36.8+9.2

+3.8+2.6+4.9+3.3+7.5+3.6

+22.4+9.3

+13.5+4.6

+28.5-1.3-4.3-1.3+2.5-41

+5.4+1.7+0.1

+9.5+5.8

+1.2

CUMULATIVE TOTALFROM JANUARY 1THROUGH APRIL 30

1925

111, 083

11, 978

46, 661314, 921

12, 926123, 855

715

3,7998,945

10,2305,563

491,064140,30221, 593

. 652,957

2, 590, 4681, 076, 503

554, 301401, 216308,094250, 355

100, 93382,659

94, 00670,003

1936

121, 509

13, 124

44, 466336, 126

12, 835129, 768

267

3,7059,061

9,9436,487

529, 417163, 15521, 168

713, 740

2, 747, 7181, 123, 889

595, 935423, 147340, 262264, 685

117, 65789, 541

96, 61074, 365

Percentin-

crease(+)

or de-crease(-)

cumu-lative1926from1925

+9.4

+9.6

-4.7+6.7

-0.7+4.8

-62.7

2 5+1.3

-2.8+16.6

+7.8+16.3-2.0+9.3

+6.1+4.4+7.5+5.5

+10.4+5.7

+16.6+8.3

+2.8+6.2

46

TREND OF BUSINESS MOVEMENTS—Continued

The cumulatives shown are throughApril except where otherwise noted.Earlier data for items shown heremay be found on pages 26 to 151 ofthe February, 1926, ''Survey"

BANKING AND FIN AN Oft-Continued

Public Finance

Government debt:Interest-bearing mills of dollsTotal gross debt mills, of dolls..Short-term debt.. _ ,. mills, of dolls

Customs receipts.. thous. of dolls. .Total ordinary receipts. _. . thous. of dollsExpenditures chargeable to

ordinary receipts. _ . thous. of dollsMoney in circulation:

Total... mills, of dollsPer capita dollars

Business FailuresLiabilities:

Total oommp.rcial thous nf dollsManufacturing

establishments thous. of dolls. .Trade establishments. . thous. of dollsAgents and brokers thous of dolls

Firms:Total coTTimp.rnial numberManufacturing establishments. _ .number..Trade establishments number. _Agents and brokers . number

Dividend and Interest Payments

(For the following month}

Grand total ... thous. of dollsDividend payments:

Total . thous. of dollsIndus, and misc, corp thous. of dolls ._Steam railroads thous . of dollsStreet railways thous. of dolls. .

New Security Issues

Foreign governments thous. of dollsTotal corporation (Commercial and Financial

Chronicle) thous. of dollsPurpose of issue-

Is ew capital thous. of dolls..Refunding thous. of dolls..

Kind of issue —Stocks. thous. of dollsBonds and notes ...thous. of dolls..

Class of industry-Railroads thous. of dolls.Public utilities thous. of dolls..Industrials. thous. of dollsOil thous. of dolls. .Land and buildings thous. of dolls..Shipping and misc thous. of dolls..

Total corporation (Journal ofCommerce) ..thous. of dolls..

States and municipalities:Permanent loans thous. of dollsTemporary loans thous. of dolls

New incorporations thous. of dolls

Agricultural Finance

Loans outstanding, end mo. :Federal farm loan banks, .thous. of dolls..Joint-stock land banks. . thous. of dollsFederal intermediate credit

banks thous. of dolls..War finance corporation thous. of dolls..

Stocks and Bonds

Stock prices, daily closing:25 industrials, average dolls, per share..25 railroads, average dolls, per share _.103 stocks, average. dolls, per shareSouthern cotton mill

stocks r _ _ dolls, per shareStock sales:

N. Y. Stock Exchange thous. of shares..Bond sales:

Miscellaneous thous. of dollsLiberty-Victory thous. of dollsTotal thous of dolls

Bond prices:Highest-grade rails .p. ct. of par, 4% bond..Second-grade rails..p. ct. of par, 4% bond..Public utility p. ct. of par, 4% bond--Industrial p. ct. of par, 4% bond..Comb, price index.. p. ct. of par, 4% bond..

1926

January

20, 02020, 2836,070

46, 399186, 283

232, 847

4,74041.24

43, 661

16, 09421, 5126,056

2,296510

1,69690

218, 715

83,21545, 57530, 2157,425

24, 972

614, 549

545, 84368, 707

171, 742442, 807

46, 670206, 246151, 05243, 85758, 33181, 229

546, 870

77, 56779, 824

1, 040, 096

1, Oil, 088555, 756

79, 93514, 637

179. 9092.40

120. 42

120. 49

39, 088

262, 89729,680

292, 577

87.9979.2271.9976.8078,59

February

20, 01520, 276

6,06647, 615

179, 296

151, 877

4,81441. 84

34, 176

10, 82220, 3173,037

1,801447

1,28272

332, 222

90, 97253, 32532, 5755,070

3,800

414, 188

381, 09333, 095

126, 150288, 039

23, Oil149, 658162, 237

6,93042, 31330, 040

351, 662

146, 58223, 866

2, 675, 185

1, 019, 486567, 544

81, 57413, 861

179. 5590. 83

119. 92

120. 89

35, 462

218, 29717, 938

236, 235

88.7780. 0973.6577.7379.69

March

19, 81420, 0835,369

54, 891657, 621

466, 240

4,80641.73

30, 623

9,86218, 6232,138

1,984469

1,42491

426, 075

99, 57563, 07526, 17510, 325

21, 500

480, 400

443, 23237, 168

181, 291299, 109

31, 930137, 42695, 366

104, 75055, 50548, 923

301, 137

119, 092122, 301748, 505

1, 027, 361579, 458

83, 99113, 089

158. 0587.35

106. 63

119. 49

52, 040

247, 06127, 106

274, 167

88.7179.7473.2277.1379.32

April

19, 80720, 0695,363

47, 936194, 713

336, 867

4,85442.11

38, 487

16, 73419, 0942,660

1,957494

1,37885

338, 650

62, 95031, 30024, 9006,750

83, 100

442, 586

331,516111,070

31, 733410, 853

61, 924216, 93251, 1009,450

53, 53348, 498

438, 299

111,09313, 338

1,011,931

1, 033, 045587, 169

81, 57412, 564

144. 7086.33

108. 94

117. 79

24, 296

269, 23228, 948

298, 180

89.8381.2373.6972.6080.59

1925

February

20, 65820, 981

6, 99246,190

173, 632

161, 286

4,80442.28

40, 123

15, 33421, 0673,722

1,793409

1,28599

333, 380

87, 98051, 90031, 2004,800

62, 500

503, 553

450, 17153, 382

102, 701400, 852

112,045205, 32494, 64918, 43539, 28333, 817

383, 645

78, 33257, 620

431, 200

944, 995464, 874

61, 03436, 358

138. 4880.90

105. 64

119. 97

32, 750

280, 23726, 691

306, 928

86.3776.0071.2675.1676.82

March

20, 60820, 9326,651

53, 858600, 738

385, 129

4, 77641.99

34, 005

13, 37517, 5953,035

1,859429

1,34585

405, 250

95, 00060, 50025, 0259,475

28, 000

352, 606

282, 35570, 251

80, 278272,328

38, 833171, 55751, 9626,900

60, 97222, 382

324, 254

110,49090, 658

806, 402

954, 265477, 082

59, 09534, 291

136. 9679.0799.78

119. 08

38, 568

281, 73233, 316

315, 048

86.9875.5070.0374.9076.38

April

20, 60520, 913

6, 64944, 642

182, 641

324, 679

4,72541.50

37, 189

13, 09721, 5362,556

1,939430

1,42782

328, 225

59, 72529, 60024, 075

6, 050

8,000

482, 575

411, 44171, 134

141, 469341, 106

87, 61482, 400

197, 90432, 73160, 56121, 365

355, 580

106, 98296, 837

886, 592

962, 662486, 247

59, 24932, 157

135. 4076.28

101. 90

117. 74

24, 836

247, 76830, 283

278, 051

87.6675.9069.5975.0576.51

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

April,1926,from

March,1926

0.0-0.1-0.1

-12.7-70.4

-27.7

+1.0+0.9

+25.7

+69.7+2.5

+24.4

-1.4+5.3-3.2-6.6

-20.5

-36.8-50.4-4.9

-34.6

+286. 5

-7.9

-25.2+198. 8

-82.5+37.4

+93.9+57.9-46.4-91.0-3.6-0.9

+45.5

-6.7-89.1+35.2

+0.6+1.3

-2.9-4.0

-8.4-1.2+2.2

-1.4

-53.3

+8.0+6.8+8.8

+1.3+1.9+0.6-5.9+1.6

April,1926,fromApril,

1925

-3.9-4.0

-19.3+7.4+6.6

+3.8

+2.7+1.5

+3.5

+27.8-11.3+4.1

+0.9+14.9-3.4+3.7

+3.2

+5.4+5.7+3.4

+11.6

+938. 8

-8.3

-19.4+56. 1 .

- -77. 6+20.4

-29.3+163. 3-74.2-71.1-11.6

+127. 0

+23.3

+3.8-86.2+14.1

+7.3+20.8

+37.7-60.9

+6.9+13.2+6.9

0.0

-2.2

+8.7-4.4+7.2

+2.5+7.0+5.9-3.3+5.3

CUMULATIVE TOTALFEOM JANUAEY 1THEOUGH APEIL 30

1925 1926

ii 191, 658

1, 128, 611

1, 163, 551

196, 8411, 217, 913

1, 187, 831

!

165, 671

53, 71584, 85327, 103

7,9081,7485,814

355

11

1, 727, 680

481, 230250, 750136, 55044, 275

98, SCO

1, 847, 332

1, 557, 371| 289, 960

394, 8492, 052, 483

261, 484697, 006430, 288134, 466214, 709109, 379

1, 536, 751

417, 177298, 490

2, 801, 906

_

137, 585

1, 113, 562138, 928

1,252,490

146, 947

53, 51279, 54613, 891

8,0381,9205,780

338

1, 824, 912

503, 212261, 270142, 64047, 585

133, 372

1, 951, 723

1, 701, 684250, 040

510,9161, 440, 808

163, 535710, 262459, 755164, 987209, 682208, 690

1, 637, 968

454, 334239, 329

5, 475, 717

150, 886

997, 487103, 672

. 1, 101, 159

Percentin-

crease(t}

or de-crease(-)

cumu-lative1926from1925

+2.7+7.9<

+2. a

-11.3

-0.4-6.3

-48. 7

+1.6+9.8--0.6-4.8-

+5.6.

+4.6+4.2.+4.5+7. 5

+35. 4

+5.7

+9.3.-13.8.

+29. 4-29. 8.

-37. 5+1.9+6.8,

+22.7-2.3

+90.8

+6.6

+8. 9.-19.8,+95. &

+9.T

-10.4-25. 4-12.1

«• See table, p. 25 of the March, 1926, issue for earlier data.

47

TREND OF BUSINESS MOVEMENTS—Continued

The cumula fives shown are throughApril except where otherwise noted.Earlier data for items shown heremay be found on pages 26 to 151 ofthe February, 1926, "Survey"

BANKING AND FINANCE-Continued

Stocks and Bonds— Continued

(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 percent--Long-term real estate bonds issued:

Grand total.. thous. of dolls _ _Purpose of issue-

Finance construction.. .thous. of dolls_'_Real estate mortgage... thous. of dolls..Acquisitions and

improvements.-. thous. of dolls _ _Kind of structure-

Office and othercommercial thous. of dolls--

Hotels - thous. of dolls--Apartments thous. of dolls. _

Corporation Stockholders

(The following figures are quarterly)

Pennsylvania Railroad Co.:Domestic - number--Foreign --- .number _ _

GOLD AND SILVERGold:

Domestic receipts at mint nne ounces. _Rand output thous. of ounces. .Imports thous. of dolls..Exports thous. of dolls. .

Silver:Production - thous. of fine oz._Imports thous. of dolls..Exports thous. of dolls. .Price at New York dolls, per fine oz._

FOREIGN EXCHANGE RATES

Europe:England dolls, per £ sterling ..France - - dolls, per franc. _Italy dolls, per lire. _Belgium dolls, per f ranc_ -Netherlands - dolls, per guilder..Sweden -- dolls, per krone. _Switzerland dolls, per franc. _

Asia:japan dolls, per yen. _India _ .dolls, per rupee. .

Americas:Canada dolls, per Canadian doll_.Ar gentina dolls . per gold peso . _Brazil dolls, per milreis..Chile - --dolls, per paper peso _

U. S. FOREIGN TRADE

ImportsGrand total - -- thous. of dolls. _By grand divisions:

Europe —Total thous of dollsFrance thous. of dolls. _Germany thous. of dollsItaly thous. of dolls -_United Kingdom thous. of dolls

North America-Total thous. of dollsCanada thous. of dolls

South America-Total thous. of dollsArgentina thous. of dolls

Asia and Oceania-Total thous. of dollsJapan 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 dollsFinished manufactures thous. of dolls. _

1926

January

102. 35

103. 2698.774.17

53, 927

38, 7678,663

4,522

27, 3429,490

11,318

141, 7252,986

86, 054796

19, 3513,087

5,163. 5, 763

9,763.678

4.86.038.040.045.402.268.193

.442

.367

.998

.941

.148

.120

416, 766

111,21012, 82616,0068, 555

34, 620

73, 55935, 576

53, 5187,678

162,08340, 40716, 397

201, 092

48, 63228, 82671, 14067. 076

February

102. 63

103. 1498.814.15

41, 153

32, 858250

2,750

29, 5501,6503,258

74, 044753

25, 4163,851

5,0438,8637,752.668

4.86.037.040.045.401.268.193

.454

.368

.997

.933

.148

.121

388, 503

105, 31812, 08016, 5486,774

37, 282

87, 04737, 646

51, 9559,412

132, 61233, 17711, 571

174, 020

42, 11035, 99872, 84463. 531

March

102. 61

101. 8098.384.14

50, 370

24, 9509,640

5,230

16, 5258,9256,075

i 141, 097i 2, 931

58, 229834

43, 4134,225

5,1715,5398,333.659

4.86.036.040.042.401.268.193

.454

.366

.996

.903

.145

.121

443, 098

117, 11914, 45618, 3838,957

37, 126

97, 53640, 382

63, 61312, 677

153, 23522, 90111, 595

198, 351

51, 10240, 15374, 69778. 795

April

102. 87

102. 9299.384.12

42, 398

20, 60313, 110

5,085

11, 3786,2356,440

75, 336

13, 12617, 884

4,9546,3127,612.644

4.86.034.040.037.402.268.193

.466

.362

1.000.908.140.121

398, 000

1925

February

102. 11

103. 1497.234.11

31, 258

18, 1789,210

530

7,2206,3204,058

80, 294754

3,60350, 600

5,0774,9296,833.685

4.77.053.041.051.402.269.193

.391

.357

.999

.903

.113

.108

333, 387

100, 91614, 87812, 0688,262

33, 894

83, 21433, 620

43, 98110, 212

92, 23223, 15913, 044

130, 588

36, 77839, 77463,64962. 590

March

102. 03

102. 3296.764.10

53, 387

39, 3557,350

5,400

25, 1388,1157,602

143, 2242,939

75, 584825

7,32725, 104

4,9316,6617,917.678

4.78.052.041.051.399.270.193

.410

.357

.999

.897

.110

.111

385, 379

112,02514, 15013, 0749,504

40, 159

91, 29034, 419

58, 4518,584

113, 36828, 29410, 245

144, 597

50, 18446, 84075, 89067. 868

April

102. 62

102. 8097.394.07

51, 861

35, 11310, 708

950

28, 6853,7637,888

83, 488788

8,87021, 604

5,5384,9459,323.669

4.80.052.041.051.400.269.193

.418

.356

.999

.869

.106

.112

346, 091

98,00611, 81611, 5069,986

31, 377

93, 35233, 120

46, 66111, 353

100, 57423, 89110, 105

140, 540

36, 59148, 42659, 82462. 305

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

April,1926,from

March,1926

+0.3

+1.1+1.0-0.5

-15.8

-17.4+36.0

-2.8

-31.1-30.1+6.0

-0.4-1.8

+29.4

-69.8+323. 3

-4.2+14.0-8.7-2.3

0.0-5.6

0.0-11.9+0.2

0.00.0

+2.6-1.1

+0.4+0.6—3.4

0.0

-10.2

April,1926,fromApril,1925

+0.2

+0.1+2.0+1.2

-18.2

-41.3+22.4

+435. 3

-60.3+65.7-18.4

-1.5-0.3

-9.8

+48.0-17.2

-10.5+27.6-18.4-3.7

+1.3-34.6-2.4

-27.5+0.5-0.4

0.0

+11.5+1.7

+0.1+4.5

+32.1+8.0

+15.0

1

CUMULATIVE TOTALFROM JANUARY 1THROUGH APRIL 30

1925

184, 879

115,98436, 266

21, 560

82, 73628, 47330, 816

326, 396

24, 848170, 834

21, 05523, 87435, 458

1, 411, 022

3 315, 7503 42, 9523 36, 5443 26, 229

3 109, 231

3 252, 0353 101, 002

3 144, 6863 25, 319

3 318, 5203 84, 7393 33, 940

3 425, 035

3 125, 0243 118, 9463 202, 6473 193. 271

1926

187, 848

117, 17831, 663

17, 587

84, 79526, 30027, 091

293, 663

101, 30629, 047

20, 33126, 47733, 460

1, 646, 367

3 333, 6473 39, 3623 50, 9373 24, 286

3 109, 0283 258, 1423 113, 604

3 169, 0863 29, 767

3 447, 9303 96, 4853 39, 563

3 573, 463

3 141, 8443 104, 9773 218, 6813 209. 402

Percentin-

crease(t}

or de-crease(-)

cumu-lative

1926from1925

+1.6

+1.0-12.7

-18.4

+2.5-7.6

-12.1

-10.0

+307. 7-83.0

-3.4+10.9-5.6

+16.7

+5.7-8.4

+39.4

-7.4-0.2

+2.4+12.5

+16.9+17.6

+40.&+13.9+16. 6

+34. 9

+13.5-11.7+7.9+8. a

1 Quarter ending Mar. 31,1926. 3 Cumulative through Mar. 31.

48

TREND OF BUSINESS MOVEMENTS—Continued

The cumulative* shown are throughApril except where otherwise noted.Earlier data for items shown heremay be found on pages 26 to 151 ofthe February, 1926, "Survey"

U. S. FOREIGN TEADE— Continued

Exports

Grand total, includingreexports thous. of dolls

By grand divisions:Europe-

Total -. thous. of dolls _France thous. of dollsGermany thous. of dolls. _Italy thous. of dollsUnited Kingdom . _ thous. of dolls .

North America-Total thous of dollsCanada thous. of dolls

South America —Total thous. of dolls .Argentina thous of dolls

Asia and Oceania-Total thous of dollsJapan thous. of dolls -

Africa, total thous. of dollsTotal, domestic exports only thous. of dolls.-By classes of commodities:

Crude materials thous of dolls -Foodstuffs, crude, and

food animals thous. of dolls _Manufactured foodstuffs.. -thous. of dolls. .Semimanufactures _ thous. of dollsFinished manufactures thous. of dolls. .

Agricultural exports (quantities) :All commodities index number. .All commodities except

cotton _ index number. _

CANADIAN TRADE AND INDUSTRY

Total trade:Imports . thous. of dollsExports thous. of dolls

Exports of key commodities (quantities):Canned salmon thous. of pounds..Cheese thous of pounds

Production:Pig iron _ _ thous. of long tons .Steel ingots thous. of long tonsCoke*__ -. short tons _

Bank clearings mills, of dolls..Business failures:

Liabilities thous. of dolls. .Firms ntiTTiber

Bond issues:Govt. and provincial thous of dollsMunicipal thous. of dolls..Corporation thous. of dolls. .

Newsprint paper:Production _ short tonsShipments short tons .Stocks. short tons..Exports (total printing) short tons..

Building contracts awarded thous. of dolls..

1926

January

397, 196

199, 79429, 73125, 53714, 38282, 159

84, 78047, 437

37, 77514, 938

66, 54523,4258,302

388, 119

113, 925

15, 84547, 78851, 853

158, 708

111

123

69, 73685, 716

5,5222,668

6769

155, 7001,300

2,677249

5,20012, 6158,725

139, 688136,49814, 602

125, 99912, 669

February

352, 917

171, 96821, 72422, 16612, 82375,834

82, 58845, 976

35, 26510,885

56, 06318, 9347,032

345, 819

89, 317

12, 17241, 83747, 917

154, 576

88

105

70, 90988, 809

3,9292,580

5056

166, 0121,193

2,653188

105, 0001,8612,310

135, 663135, 50513, 500

128, 96513, 478

March

374,421

164, 37324, 00021, 11612, 26067, 941

100, 56762, 446

35, 41311, 878

65, 82622, 3238,242

364, 940

83,031

15, 59640, 52653, 520

172, 267

87

108

100, 934113, 966

4,5162,548

5359

152, 4801,293

3,653172

5,0001,888

16, 540

154, 093153, 15714, 800

173, 17119, 779

April

388,000

86

107

67, 80160, 915

1,9351,303

1,417

3,202153

5,73550, 575

151, 739154, 01512, 415

112, 82837, 292

1935

February

370, 676

222, 26622, 85543,78523, 06185, 760

75, 05239, 043

25,4639,939

42, 56515, 8195,330

364, 831

129, 333

23, 48846, 34747, 781

117, 882

114

120

61, 43071, 164

4,7773,798

3037

102, 6861,069

2,659189

39, 4062,601

36, 175

115, 809116, 78020, 114

103, 85711, 048

March

453, 653

252, 71425, 68951, 38526, 15485, 720

99, 61851, 213

33, 54512, 213

58, 97021, 6028,805

445, 834

122, 845

31, 10155, 58564, 666

171, 637

123

150

84, 63895,888

6,4462,826

64108

138, 7831,151

3,392199

4,58814, 560

126, 452124, 61121, 892

144, 41113, 393

April

398, 255

208, 08022, 01732, 99519, 17173, 148

92, 72349, 315

35, 899, 12,242

56, 66712,7517,679

391, 594

83, 908

36, 19239, 38660, 704

170, 875

94

131

59, 10560, 709

1,411954

6088

131, 4841,229

2,054145

29, 2404,6807,045

129, 079125, 74025, 16393, 88224,887

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

April,1926,from

March,1926

+3.6

April,1926,from

April,1925

-2.6

-1.1

-0.9

-32.8-46.5

-57.248 9

+9.6

-12.3-11.0

+203. 8+205. 8

-0.5+0.6

-16.1-34.8+88.5

-8.5

-18.3

+14.7+0.3

+37.1+36.6

+15.3

+55.9+5.5

+22.5+617. 9

+17.6+22.5-50.7+20.2+49.8

CUMULATIVE TOTALFROM JANUARY 1THROUGH APRIL 30

1925

1, 669, 027

3 744, 3813 77, 754

3 144, 7693 71, 824

3 284, 617

3 252, 5013 127, 187

3 90, 7533 35, 045

3 162, 4193 65, 5153 20, 717

3 1, 251, 243

3 421, 374

380,4743 155, 9633 171, 0443 423, 388

263, 549303, 760

23, 15911, 159

31223172

3 342, 6014,813

13, 028818

72, 64617, 35393, 240

492, 945489, 365

446, 80458, 263

1926

1, 512, 534

3 536, 1353 75, 4553 68, 8193 39, 465

3 225, 934

3267,9353 155, 859

3 108, 4533 37, 701

3 188, 4343 64, 6823 23, 576

3 1, 098, 878

3 286, 273

3 43, 6133 130, 1513 153, 2903 485, 551

309, 380349, 406

15, 9029,099

3 1703184

3 397, 1695,203

12, 185762

115, 20022, 09978, 150

581, 183579, 175

540, 96583, 218

Percentin-

crease(+)

or de-crease(-)

cumu-lative1926from1925

-9.4

-28.0-3.0

—52.5-45.1-20.6

+6.1+22.5

+19.5+7.6

+16.0-1.3

-13.8-12.2

-32.1

-45.8-16.6-10.4+14.7

+17.4+15. 0

-31.3-18.5

+39.3+7.0

+15.9+8.1

-6.5-6.8

+58.6+27.3-16.2

+17.9+18.4

+21.1+42.8

^ Cumulative through Mar. 31. • See table, p. 25, of the March, 1926, issue for earlier data.

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copies of all published foreign patents, as well as UnitedStates patents and trade-marks. Maintains recording office of

Of to patents.

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