The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1924-07-21
June BUSINESS
s II 0 " 5
DROP
Department of Commerce Re.
ports Trade Less Active
for Last Month

| The Department Of Commerce an.
I'nOunces the following further Zig
ures covering basic Industrial and
commercial movements IN Juue:
Stocks Of cotton 1T mills and ware.
houses on June 80 tota1ed i ,S3a,12e
bales in contrast to 1894, 4So bales Il
the end Of the previous month and
2,674.6 62 b year ago. Mill consunp.
ton Of cotton II June declined "a
S60.277 bales from 413 ,6A9 bales ii
May, as compared with 4 decline "a
e6f2s026 bales in June, 1928, from
0sO.sb4 bales in May. 1928. Trnpore1
ana exports Of cotton declined from
the previous month but were larger
than q year ago. Cotton spindIAa
active during June totaled 29,21e.,
OOOs ~ against 30.403 900 In the
previous month ana 81, 1855 900 i year
ago.
Production Of steel ingots ID June
amounted to 2,O56,4C6 tons. ~
against 2.628.261 In the preceding
month and S.767, 1855 tons q wear ago.
Unfilled tonnage .iof the u. s. ateel
Corporation on June so totaIed q.
16S, 900 tons, which contrasts with
$3.50, 900 tons last year. Untitled
tonnage Of independent sheet rnilIs
aggregated 246.81O short Shna on
June 80, a. against 603,176 4 yaaf
ago. June production BY fndenand.
emit sheet mills represented III mar
cent OF capacity, az compared with
~ per cent in the preceding month
ana ~ per cent last year.
Building contracts awardad q,
IWenty'seVen Northeastern States
curing June call for an exDendifnre
q $SS1s147,0OO In contrast to Nav
awards totaling $358, 664 900. ard
june. 1923. awards totaling 4a2a, !.
0oS,VOO. In point OF floor snaca
June awards totaled 5000 000
square Feet as against 57,7O9 900 N
the previous month ana 1884 900
IN June. 1928. CONSTRUCTION CON.
templated by June, awards wac
larger for the comm Srcial and nuh.
Tic buildings groups. Awards for
residential and for educational huild.
ing construction declined from nav
put were greater than q wear 400,
Production Of cement IA June ~.
clined slightly from the previous
month but was greater than IN
June last year, while shipmanfs IN.
creased over both comparative be.
RODS. Cement stock in nanufac.
turers' hands declined from the
previous month, but were in excess
o. holdings q year ago. Wholesale
cement prices showed no change
from the May average. Preliminary
reports on the lumber industry chow
reduced production from Nav az
northern pine, North Carolina nina
and Douglas Fir lumber and maple.
beech and birch flooring.
Sales Of four ten-cent chains
totaled $16,4S5, 900 in June a.
against $17,076,0O0 In the pre-.
vious month and $14.912. 900 in
June, 1923. Retail food prices AZ.
eraged slightly higher in June. the
index relative to 1913 as 100 stand.
ing at 142 for June as against 141
in the previous months and LA q
year ago.
Wholesale prices averaged for 401
commodities showed no change from
May, but were 4 per cent below
June Of last year. New business
Of life insurance companies n
June amounted to $3.50, 7O2 900 "a
compared with S74S, 1897 900 in the
preceding month and $727, AGA, O0C
In June, 1923. The value OF new
business for the six months ending
June, 1924, amounted to $4,177, $685..
900 as contrasted with 1922, 36S, 900
for the corresponding period In 1923