Show R RECORD COID YEAR IN CEMENT INDUSTRY Pr Preliminary report on the cement ce co- cement cont ment nt industry for 1923 just released by the United states tates Geological Survey indicates indicates indicates indi indi- cates the remarkable d development development develop develop- ment which has taken tak n place in 1921 Production barrels Shipments barrels Stocks on h hand nd DC 31 The remarkable record made madey by y the industry during 1923 in taking aking care of a demand which has las increased over 40 per cent in n two years could scarcely have hav been een achieved under less favorable favorable favor- favor able ble conditions The cement industry industry in- in is particularly sensitive to o transportation and fuel situ situ- the manufacture and distribution distribution tion of Portland cement during 1 the past year Prior to last year I 1922 was the banner year ear in the industry and the following figures figures figures fig fig- ures show the substantial progress progress progress pro pro- gress which has been made during during during dur dur- ing the past two years 1922 1923 7 7 and the absence of ot shortage short short- age of both these essentials during during during dur dur- ing 1923 was most helpful Production of Portland cement in December was nearly barrels and shipments were about barrels both records for that month although showing the usual seasonal de de- cline cUne from proceeding months l' l Stocks of finished cement in manufacturers' manufacturers hands hands' increased d Lover L- L o e over barrels during Y the month and on December 31 i T 4 were barrels a quantity quantity quan quan- tHy exceeded only once during the past eight stocks are being accumulated in anticipation of a continuation continua continua- ti tion m of the greatly increased deman demand demand de de- de- de man mand which has developed during during during dur dur- ing the past tw two years F P. L. L PAGE Statistician S |