Survey of Current Business May 1924

NOTE.—Detailed tables covering all items arc
given in this number. Consult index at end
of bulletin.
In many cases April figures are now
available and may be found in the special
tabla on page 39.
BANKING AND FINANCE
Lire Insurance
Policies, new (40 companies):
Ordinary thous. of policies..
Industrial thous. of policies..
Group - number of policies..
Total insurance. .thous. of policies—
Amount of new insurance (40 companies):
Ordinary thous. of dolls,.
Industrial thous. of foils..
Group thous. of dolls..
total insurance thous. of dolls..
Premium collections (40 companies):
Ordinary thous. of dolls..
Industrial thous. of dolls..
Group thous. of dolls_.
Total thous. of dolls,.
Sales of ordinary life insuranco (41 companies):
United States total thous. of dolls..
Eastern Industrial thous. of dolls-
Western Industrial thous. of dolls..
Western Agricultural thous. of dolJs..
Southern thous. of dolls..
Tar Western thous. of dolls^..
Banking
Debits to individual accounts:
Now York City mills, of dolls.
Outside New York City-..mills, of dolls'.
Bank clearings:
New York City mills, of dolls.
Outside Now York City...mills, of dolls.
Federal Reserve Banks:
Bills discounted mills, of dolls.
Notes in circulation mills, of dolls.
Total investments mills, of dolls.
Total reserves mills, of dolls.
Total deposits mills, of dolls.
Reserve ratio percent.
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, 60-90 days—per cent-
Saving deposits, by Federal Reserve Districts
(balance to credit of depositors):
Total, 843 banks thous. of dolls.
Boston, 64 banks thous. of dolls.
New York, 30 banks., thous. of dolls.
Philadelphia, 79banks-thous. of dolls.
Cleveland, 18 banks...thous. of dolls.
Richmond, 9,1 banks..thous. of dolls,
Atlanta, 1)6 banks thous. of dolls.
Chicago, 200 banks thous. of dolls.
St. Louis, 33 banks thous. of dolls.
Minneapolis, 15 banks.thous. of dolls.
Kansas City, 56 banks.thous. of dolls.
Dallas, 85 banks thous. of dolls.
SauFrancisco,72banksJhous. of dolls.
u. S. Postal Savings thous. of dolls.
New York State banks
(Quarterly) mills, of dolls.
Public Finance
Government debt:
Interest-bearing .. mills, of dolls._
Total gross debt mills, of dolls..
Customs receipts thous. of dolls..
lotal ordinary receipts thous. of dolls,.
•fc-ipenditures chargeable to
ordinary receipts thous.. of dolls.
Money in circulation:
Total mills, of doUs..
Per capita dollars..
Business Finances
Business failures:
firm', number..
Liabilities thous. of dolls...
lotal dividend and interest payments
(for following month). thous. of dolls..
•uividund payments (for following mo.):
Jotal thous, of dolls..
Indus, and misc. corp thous. of dolls..
Steam railroads thous. of dolls.-.
btreet railways thous. of dolls_.
INCW incorporations thous. of dolls..
53
TREND OF BUSINESS MOVEMENTS—Continued
Feb.
«37t
649
57
«S23
"467,082
143, 762
8,990
* 020,734
110,373
30T 200
2,605
* 143, ISO
1024
546,521
226,893
120, 674
80, 796
62,891
55,267
10, 8S6
17, 512
18,120
14, 713
532
2,022
419
3,230
1,986
80.6
11,874
4,496
11,165
4.50
4.78
6,938,616 6,090,191
1, 235,079 1,211,474
1,928,114 1,948, 347
485, 354 485,844
463,107 465,952
298,464 302,900
224,817 227, 205
895,491 903, 725
135,929 136,214
92,076 93,542
108,653 103,394
65,0S2 65, 563
1,000,430 1,010,911
132,152 132,770
»3,144
21,520
21, 782
50,207
206,607
208,432
4,80S
42.85
1,730
35,942
319,041
83,241
49, 650
29,600
3,991
661,0-19
NUMERICAL DATA
Mar.
217
694
88
911
573,066
156, 792
25,812
755, 669
127, 097
32,814
3,280
163,200
607, f>77
275,970
148, 620
96,836
81,871
64,280
21, 546
19,18G
19,650
16,118
4S2
1,083
460
3,223
2,007
80.8
12,065
4, 515
11,171
4.00
4.59
3,233
21,356
21, 624
51,459
646,3S9
291,026
4,813
42. 85
1,817
97, 651
384,350
61,425
58,300
24,050
9,075
803,924
Corresponding
month,
February
or March,
1923 i
200
coy
10-1
879
541,388
337,853
19. SIS
699,0S0
103,338
2S,fiiO
1,482
133,460
593,213
230, 748
132,473
93,835
81, 70S
54,359
22. 511
19,567
19,768
16, 361
700
2. 232
501
3,176
1.976
75. h
11,783
4,714
ll02
5. 23
5.00
6,460, 765
1, 165, 719
1, S25,991
449,191
415, £26
287, 828
208, 53S
834, 6S0
126,838
87,967
102,816
57, 958
897,062
132,180
"3,041
22,390
22, 723
62,172
641,082
341,935
4, 656
41.93
1,082
43,393
374,2SG
89,030
57,150
23,200
8,490
600,819
CUMULATIVE TOTAL
VROM JANUARY 1
THROUGH LATEST
MONTH
520
1, 767
237
2,288
1,301,644
365,289
43, 4S2
1,763,315
2SO,045
82,313
5,029
367,422
I,.546,023
622,901
333,992
24S, 182
199,617
141,328
63,617
56,138
56,330
46,196
150,829
1,052,157
$53, 883
5,316
138,231
, 1,293,301
336, £05
203,440
104,630
2, 111"136
tt Revised.
a 12 months' average, July to Juno, inclusive, ending the year indicated.
15 Quarter ending December 31,1923.
1024
R51
2,110
194
2,601
1,460,017
480, 210
43,529
2,013,781
338,122
92, SSI
8,172
439,175
1,752,600
740.920
382,103
253, 321
204,910
171,145
63,416
56,093
58, 459
46,966
141,685
1,036,303
760,223
5,655
181,866
1,308.981
402, 546
212. 220
107^515
35,201
2,343,678
Pcrct.
Increase!
or decrease
(-)
cumulative
1921
from
1923
+6.0
+10.4
-JS. 1
+1G 3
+10.0
+31.5
+0.1
+14.2
+20.7
+12.8
+62. 5
+19.5
+13.4
+18.9
+14.5
+2.1
+2.7
+21.0
-0.3
-0.1
+3.8
+1.7
-9.7
-1.5
-11.0
+6.4
+33.7
+1.2
+4.2
+4.3
+2.9
+7.0
+11.3
KASE
YEAH
on
PERIOD
1913
1913
1913
1913
1913
1013
1013
1913
1913
' 1913
1913
1921
J921
1921
1921
1921
1921
1919
1919
11)13
1913
1919
1919
1919
1919
1919
1919
1921
1921
1919
1913
1913
1920
1920
1920
1920
1920
1020
1920
1920
1920
1920
1920
1920
1920
1913
1913
2i 1919
M 1919
M913
J1913
M913
« 1919
» 1919
1913
1913
1913
1913
1913
1913
1913
1913
IVb
106
315
221
GS7
291
230
2*9
114
129
115
t>7
100
103
93
98
213
238
31
SO
06
146
101
152
98
139
100
150
SO
118
112
118
115
120
127
121
110
139
121
127
127
127
332
»108
1NDKX NUMBF.lltf
Mar.
2S2
176
191
411
2(10
1,374
377
279
: 4, 781
89
89 89
1S2 235
327 11,063
404
113
179
192
113
121
117
71
407
HO
150
147
116
143
12S
111
112
251
285
85
85
140
102
100
09
140
105
161
87
119
132
119
115
120
12$
12J
111
140
123
127
129
128
333
«176'
5C6
126
213
2o3
129
148
94
173
291
Doc.
420
3, f.20
•101
icy
80
74
143
100
146
100
135
104
144
86
86
101
90G
Jan.
216
2