Survey of Current Business May 1924

YEAR AND MONTH
1913 monthly av,.
1014 monthly av_.
1915 monthly av__ —r
1916 monthly av_*
1917 znonthlyav..
1918 monthly av..
1919 monthly av
1920 monthly av
1921 monthly av__
1922 monthly av_.
1923 monthly av..
1921
September _..-„«
October . „
November. --„..._.,
December ,
January . „
February „_._,
March
April
June „.._
July.
August,—
September.-.. .
October
November....
Becembor
1933
January.
February .
March
April
May
June .
July..
August
September..
October
November...
December
1924
January.
Pcbruar y * „ „
March ,
April
May
July
August
i
STOCK PSICES
Combined
index
(103
stocks) 1
25
Industrials
3
Dollars per share
$84. 57
97.0$
82.13
81.12
82.42
86.11
SS. 39
88.74
90.93
93.79
93.53
97.56
96.76
99.06
103.65
102 02
101. 65
100.68
96 53
04.67
99.29
B6.48
94.11
S4 61
82.87
86.20
84.54
84 33
88.28
90.15
93 00
87.77
82.12
$58. 19
58.08
75,35
99.14
85.44
80.98
105.77
107. 21
70.38
98.58
107.78
74.10
75.43
79.14
81.73
$2.99
86.47
89.20
94.59
96.84
96.69
09.06
103.68
107.02
111.25
106 09
109.08
110.35
115.03
116.03
113.46
108 18
105.94
102.52
102.95
102 74
101. 78
105 44
108.88
112.14
111.83
109.82
25
railroads
s
$32.07
77.67
73.16
80.05
69.12
C1.34
C2.06
55.94
53.21
62.38
60.15
54.10
53.51
54.19
54.40
54.21
56,57
67.98
61.62
62.92
61.49
63.72
67.04
6S.70
68.53
63.46
61.71
61.71
65.28
65.06
63.01
60.73
60.95
58.07
56.24
57.14
57.06
58.30
58.25
60.35
60.47
61.09
199
Table 143.—STOCKS AND BONDS 1
[Base year in bold-faced type; Index numbers on opposite page]
Combined
Index
(40
bonds) 1
10
highest
grade
rails <
10
second
grade
rails *
BOND PRICE INDEX
10
public
utility
bonds <
10
Industrial
bonds 4
Per cent of par value of 4 per cent bond
76.76
80.49
75.58
C9.S4
69.07
59.70
60.15
74.11
71.72
60.74
59.83
62.13
64.10
70-22
70.71
71.85
73.69
74.72
74.28
75.44
70.80
77.47
75.96
74.10
74.11
73.76
73.42
71.65
71.29
i
71. 711
71.80
71.40
71.86
71.22
70.56
70.96
7L04
72.23
72.15
72.35
72.67
89.79
92.45
87.43
80.02
77,89
.71.33
74.39
85.50
82.89
74.72
74.52
78.59
81.62
83.23
82.95
83.33
84.60
84.80
85.29
88.09
89.01
89.29
85.93
84.68
84.82
84.46
84.18
81.15
81.55
82.58
82.73
82.78
83.66
82.76
82.46
83.25
82.73
83.59
82.79
82.76
83.58
75.55
78.00
72.42
60.12
66.33
58,54
61.43
71.76
67.71
62.75
62.83
65.80
67.59
68.46
68.47
70.06
72.20
72.83
71.89
73.18
75.05
74.89
73.29
70.52
70 29
69.82
69.31
67.42
67.48
67.73
68.09
67.70
.67.81
66.80
66.29
66.79
67.31
68.43
68.72
68.87
69.52
73.73
77.59
72.3C
63.89
61.77
51.99
53.92
67.50
66.26
55.10
55.63
57.18
59.12
61.07
62.34
64.65
66.58
eaes
67.92
68.47
69.83
71.59
70.75
69.2S
CS.91
68.34
68.40
67.41
66.52
66.38
66.16
05.70
66.35
05.05
64,75
6153
64.63
66.12
66.27
C7.19
67.53
70.51
75.89
71.35
69.36
70.76
60.12
55.28
74.00
72.27
54.41
51.16
55.69
54.22
•71.63
72.07
71.80
73.59
74.42
74.10
74.64
75.73
70.28
75.53
73.79
74.38
74, 43
73.80
72.25
71.44
72.25
72.35
7L68
72.02
71.71
71.25
72.02
7L99
73.09
72.86
72.42
Combined
Index
(CO
bonds)*
See footnotes on opposite page also.
5 Liberty
and
Treasury
10
foreign
Per cent of par valuo
85.38
94.93
03.40
86.41
87.24
91.17
91.07
91.93
92.63
93.72
95.21
96.79
05.03
96.03
96.86
00.34
95.00
94.63
95.00
94.26
94.26
93.11
93.81
93.97
93.18
93.54
93.53
92.90
03.01
92. S9
93.03
93.99
93.78
93.93
93.20
99.54
98,77
93.74
95.43
98.21
97.72
97.50
98.29
99.30
99.90
100.11
100.13
100.84
100.27
100,32
99.31
98.88
99.57
99.29
99.05
08.55
9a ss
98.81
9a 62
98.95
98,75
98.40
98,20
9& 03
98.82
99.50
99.4S
90.70
101.22
100.22
04.01
95.03
98. 64
9S.25
99.00
100.90
101.85
102.84
102.71
10L89
102. 24
100.27
101 59
100.35
100.21
100.84
99.22
100.55
100.78
101. 48
101. 37
101.27
100.52
100.17
99.62
99.45
99.07
99.15
99.60
99.77
©9.71
BOND [
YIELDS*
Municipal
bunds
TVr
cent
4. 45
4.16
4.23
4.00
4.31
4.58
4.50
5.0-1
5. 02
4.21|
4.27
5.13
5.00
4.50
4.3*
4.41
4.39
4.35
4.15
4.18
4.18
4.19
4.15
4.09
4.14
4.18
4.16
4.14
4.11
4.13
4.18
4.22
4.24
4.29
4.35
4.40
4.39
4.37
4.37
4.32
4.36
4.34
czz
Stocks
Thous.
of
shares
6 021
3,092
14,448
19 401
15,378
11,018
26,073
18,728
14, 334
21,8*2
19, G71
12,807
12,883
15,332
17, 622
15,394
16,185
24,205
30,4GS
28,911
24,030
15r 119
17,850
21,775
25,676
22,882
19, C92
20,20S
22,694
20,741
20,136
23,106
20,317
12,068
13,126
14,610
15,809
22,573
24,067
27,7G2
20,637
18,206
NEVf YOKK STOCK
EXCHANGE SALES
Miscellaneous
bonds
Liberty
and
Victory
bonds
Total
bonds
Thousands of dollars,
par valuo
$11 499
5C,0. r >9
79, C2J
04 199
01,800
47, 544
88, 503
115,686
200,918
161,354
119,819
118,408
183,320
188,880
191,216
1S7,3CS
237,852
204,341
229,460
197,772
188, 091
222,803
203,184
201,500
181,457
177,670
214,185
187,150
195,146
176,642
160,736
172,6.56
123,063
116, G04
103,450
145,585
162, 271
169, 750
253,394
17S, 379
205,507
7 $40,402
117,059
210,614
235, 400
173,130
136,442
66, 540
207,123
218,018
214,025
219,342
228, G13
121,931
150,639
152,352
144,067
120,121
114,284
89,855
88,009
103, CIO
80,420
100,317
76,219
01,207
60,59)
60,351
97, 633
73,474
61,747
41, 776
48,018
77,423
05,869
08,220
91, C93
53,375
72,622
$41 499
7'J, f>23
91 1^9
85. (i'JO
3 G*. 00.1
3CS.1*6
323. \H3
3W.31K)
227, 903
32rt, 942
330, 420
307,0W
408,222
419, fe29
309,349
4 IS, 491
440,923
374,427
323,693
302,075
312,718
292,003
365,122
27a 877
283,0S7
290,424
24S.357
261,745
236,993
2fii 309
24C,130
184,815
150,3i>0
I.W, 507
223, COS
22$, 140
237,970
* These Indices arc combined from the yields of the average prices of the bonds (or each day of the month, the average yields for the 10 bonds of each class tains rapi-
X*?d^L?ber^Tnd Victofy bonds (the two issues Vietory bonds being replaced at their redemption bytta TMaur, ton*, this aridag only S issue,), in «*
Market, based on period Jan. 1 to Dec. 1; subsequent yearly data are averages /or the period Jan. 31 to Dec. «u.
' Represents an arerngo of 7 months, June to December, inclusive. .
1 Five substitutions in this series in January, 1922, oecoont for the violent change in the index.
345, 0S7
231,734
278,169