FOREIGN COMMERCE OF AMERICAN PORTS. From a special report issued by the division of statistics, bureau of research, United TOTAL WATER-BORNE COMMERCE OF AMERICAN PORTS. Includes foreign and intercoastal traffic and commerce of noncontiguous United territory. In cargo tons of 2210 pounds. States Summary-Continental U. S.. 399.331 168.561 230.770 399.331 .13.251.779 4,912,050 8,339,729 13.251,779 610.185 294.496 315,689 1.898.250 1.225.240 673.010 145.722 1.305.254 803,356 501.898 270.118 66.550 65.631 107,371,040 52.237.347 55.133.693 79.123.873 13.251.779 4.912.050 8.339.729 13.251,779 120,622.819 57.149.397 63.473.422 92,375.652 5.252.736 2.996.970 2.256.766 820.179 125.875.555 60.146.367 65.729.188 93.195.831 109.051.614 Includes foreign and intercoastal commerce | tons duplicated in intercoastal column, 3,464.and traffic with noncontiguous United States 399 tons duplicated in noncontiguous column. territory. 968.158 tons Philippine commerce with ConNote-Adjustment of total tonnage move-tinental United States which is included in ment is arrived at by subtracting 12.391,384 foreign column of continental seaports. NATIONAL WEALTH OF THE UNITED STATES (1922). wealth The estimates cover the material or value of the tangible property within the limits of continental United States, including, however, all the vessels of the United whether States navy and merchant marine in home ports or on the high seas or in foreign waters. It should be borne in mind that the increases in money value are to a large extent due to the rise in prices which has taken place in recent years, and so far as that is the case they do not represent the corresponding increases in the quantity of wealth. and REAL PROPERTY AND IMPROVEMENTS. this For the purpose of these estimates and term is used as descriptive of lands the structures and fixed improvements thereon, exclusive of those used for the purposes of railroads, street railways, telegraph telephone systems, privately owned central electric light and power companies and priThe estimates for vately owned waterworks. taxed real property are based on the assessed valuation of property subject to the general property tax. These valuations have been raised so as to bring them up to the estimated true value, as indicated by records of sales and statements of tax officials. The statements for exempt real property are based formation from federal, state and local ports and officials. LIVE STOCK. on in- The total includes the estimates of the defor the principal partment of agriculture classes of live stock on farms, supplemented by other estimates for the minor classes of farm live stock and live stock not on farms. FARM IMPLEMENTS AND MACHINERY. The estimates for farm implements and machinery are based on the value of such of motor vehicles, property, exclusive reported at the census of Jan. 1, 1920, with corrections for domestic sales in 1921 and 1922. for depreciation, and for changes in farm levels. MANUFACTURING MACHINERY, TOOLS, ETC. as The estimates for manufacturing machinery, tools and implements are based on the census bureau reports on manufactures and financial statements of representative manufacturshown in Poor's and ing corporations Moody's Manual for 1922. as e The estimates for street railways are based on reports made to the census by the comtheir include investments. less panies and depreciation, in road and equipment. TELEGRAPH SYSTEMS. are The estimates for telegraph systems PULLMAN AND OTHER CARS NOT are The estimates for Pullman and express cars are based on reports made by the Pullman company and the express companies to the interstate commerce commission and data on other cars were secured from the Equipment The value of Register and other sources. the express cars was distributed to the states the basis of car mileage within each and the value of the Pullman and other cars was distributed in proportion to the value of railroads in each state. on PIPE LINES. The estimates for pipe lines were based on data secured from the bureau of mines and the geological survey. a are SHIPPING AND CANALS. The estimates vessels for merchant based on the tonnage reported by the bureau of navigation of the department of commerce and on information as to value per ton obtained from representative of the shipping board; the value of the floating equipment of the United States navy was secured from the navy department, and the values were taken of canals and canalized rivers from a report of the bureau of the census for 1916 PRIVATELY OWNED WATERWORKS. The estimates for privately owned waterworks are based on a report of the bureau of internal revenue. ELECTRIC LIGHT AND POWER STATIONS. The estimates for privately owned electric light and power stations are based on reports made by the companies to the bureau of the census. The RAILROADS AND THEIR EQUIPMENT. The estimates for railroads and their equipment cover steam railroads and switching and terminal properties and are based ports of the carriers to the interstate comof primerce commission, and in the case vate roads information received from their officials by the bureau of the census. value of each road was arrived at by adding to its investment in its own road and equipment the amount representing the cost railway its improvements leased of property and deducting from this total the accrued depreciation on road and equipment. was distributed The value thus determined to on AGRICULTURAL PRODUCTS. The estimates for agricultural products are based on statistics of production and stocks on hand prepared by the department of agriother than culture for the principal crops cotton, cottonseed and tobacco, statistics on the stocks on hand of these three products being regularly collected by the bureau of the census. To the value of the major crops was added an estimate of the seasonal crops of the year. MANUFACTURED PRODUCTS. The estimates for motor vehicles are based produced in 1922 and on hand at the close reported production during a period of years covering the average life of automobiles. trucks, tractors and motorcycles, prepared by the bureau of public roads and other agencies, with allowances for depreciation and valuation in accordance with prices prevailing in 1922. ucts The estimates for the manufactured prodare based on reports of the bureau of the census relative to production in 1919, the data being converted into quantities and values of 1922 by means of index numbers on hand on Dec. 31. 1922, and their value were secured; for other minerals it was assumed that one-tenth of the year's production was on hand at the close of the year. CLOTHING, FURNITURE, ETC. The estimates for clothing and personal adornments, furniture, carriages and kindred property were based on replies to questionnaires sent to individuals in all states relative to the value of clothing, including jewelry and household equipment of all kinds, with separate estimates on carriages and books in public libraries. GOLD AND SILVER COIN AND BULLION. bullion is based on a report of the treasury The estimate for gold and silver coin and department for Jan. 1, 1923; the gold being given its coinage value and the silver in standard silver dollars and subsidiary coins being assigned the value of the metal therein at the market value at the close of 1922. SUMMARY OF WEALTH ESTIMATES. Real property and improvements, taxed..... Farm implements and machinery Manufacturing machinery, tools, implements. Motor vehicles Street railways Telegraph systems Telephone systems Pullman and other carst Pipe lines Shipping and canals. 1,491,117,000 97.9 186,299,664,000 72.2 *Per cent increase over 1912. + Decrease. Includes $402,352,000 value of ships be#Not owned by railroads. $Includes $1,-longing to the United States navy, not dis445,992,000 value of ships belonging to the tributed by states. United States navy, not distributed by states. |