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Excerpt from Monthly Review of Business Statistics, Vol. 3: January-December, 1928 The physical volume of business in Canada attained a new high total in December, according to an index published in the Monthly Review of Business Statistics. The index in December was 158 compared with 148 in November. Sharp advances in seven factors counterbalanced declines in the remaining five used in the construction of the general index. Mineral production was considerably greater in December than in the preceding month, and the building industry was more active after adjustment for seasonal tendencies. Manufacturing industries, on the Whole, showed slight improvement, increases in raw cotton imports and in iron and steel production as well as increased importation of crude rubber and petroleum offsetting declines in other lines. Employment in wholesale and retail trade after adjustment showed expansion in commodity distribution. The movement Of revenue freight was also in greater volume, as indicated by the carloadings being greater after adjustment than in any month since April. Bank debits, or the amount Of cheques charged to individual accounts by the chartered banks in clearing house centres, was the largest in history, due in part to the heavy trading on the stock and mining exchanges. Owing to recession in the prices of vegetable products and textiles, the index Of wholesale prices showed a slight decline in December. Wheat prices averaged lower and the price of raw cotton was slightly reduced. The deposits of the chartered banks attained a new high point, testifying to the strong economic position. The price Of 16 Canadian bonds-was slightly higher than in November and the yield on Government bonds receded to a new low level. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art t