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U. S. DEPARTMENT OF LABOR JAMES J. DAVIS, Secretary BUREAU OF LABOR STATISTICS ETHELBERT STEWART, Commiuioner BULLETIN OF THE UNITED STATES ) BUREAU OF LABOR STATISTICS/ * No. 390 WHOLESALE PRICES SERIES WHOLESALE PRICES 1890 TO 1924 JULY, 1925 WASHINGTON GOVERNMENT PRINTING OFFICE 1925 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

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U. S. DEPARTMENT OF LABORJAMES J. DAVIS, Secretary

BUREAU OF LABOR STATISTICSETHELBERT STEWART, Commiuioner

BULLETIN OF THE UNITED STATES ) BUREAU OF LABOR STA TISTIC S/ * • No. 390W H O L E S A L E P R I C E S S E R I E S

WHOLESALE PRICES1890 TO 1924

JULY, 1925

WASHINGTONGOVERNMENT PRINTING OFFICE

1925

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ADDITIONAL COPIESOF THIS PUBLICATION MAY BE PROCURED FROM

THE SUPERINTENDENT OF DOCUMENTS GOVERNMENT PRINTING OFFICE

WASHINGTON, D. C.AT

35 CENTS PE R COPY

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CONTENTSPageIntroduction_______________ _____________________ ______1_________ 1-3Method of computing index numbers------------------------------------------------- 3-5Commodities included in the present bulletin______________________ 5,6Prices of commodities in 1924________________________________________ 6-34Average wholesale prices of important commodities, 1890 to 1924_______34, 35T able 1.—Index numbers based on aggregate values of lumber andshingles marketed, 1917, 1918, and 1919_________________ 4T able 2.—Sources of price quotations, 1923 an4 1924_________________ 5Table 3.— Number of commodities, or series of Quotations, classified as tofrequency, 1923 and 1924________ :--------------------------------- 6T able 4.—Changes in average prices from 1923 to 1924, by groups ofcommodities____________________ I--------------------------------- 7T able 5.—Index numbers of wholesale prices, by groups of commodities,1890 to 1924___________________________________________ 8, 9T able 6.—Index numbers of wholesale prices, by groups and subgroupsof commodities and by months, 19 .̂5 to 1924______________ 16-23Table 7.— Wholesale price indexes of identical i commodities in raw andmanufactured state, 1890 to 1924_______________________ 29T able 8.—Wholesale price indexes of identical; commodities in raw andmanufactured state, 1915 to 1924, jby months_____________30, 31Table 9.—Average wholesale prices of commodities, 1890 to 1924_______36-213Appendix A.—Table of weights used in commuting index numbers ofwholesale prices, by groups of Commodities___________215-222Appendix B.—Relative importance of commodities, as measured by theirestimated wholesale values in Exchange, 1924_______ 223-231Appendix C.— Wholesale prices in other countries___________________ 232-244Australia_______________________________________________________ 232Austria________________________________________________________ 232Belgium_______________________________________________________ 233Canada______________________________________________________ 233, 234China_________________________________________________________ 235Czechoslovakia_________________________________________________ 235Denmark____________________________________________________ 235, 236Egypt_________________________________________________________ 236Finland______________________________________________________ 236,237France_________________________________________________________ 237Germany____________________________________________________ 237, 238Great Britain________________________________________________ _ 238India__________________________________________________________ 239Italy__________________________________________________________ 239Japan_________________________________________________________ 240Netherlands____________________________________________________ 240New Zealand___________________________________________________ 241Norway________________________________________________________ 241Poland_________________________________________________________ 242South Africa___________________________________________________ 242Spain__________________________________________________________ 243Sweden________________________________________________________ 243Switzerland___________________________________ 244

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CHARTS SHOWING YEARLY FLUCTUATIONS OF WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924PageChart 1.—Farm products, foods, and all commodities________________ 10Chart 2.— Cloths and clothing, fuel and lighting, and all commodities. . 11Chart 3.— Metals and metal products, building materials, and all com­modities______________________________________________ 12Chart 4.—Chemicals and drugs, house-furnishing goods, an d ‘all com­modities______________________________________________ 13Chart 5.—Identical commodities in raw and manufactured state_____ 32Chart 6.—Corn, contract grades, cash, Chicago, 1890-1924; and cornmeal, New York, 1890-1913, mill, 1913-1924____________ 38Chart 7.— Wheat, No. 1, northern spring, and No. 2, red winter, cash, Chicago, 1890-1913; No. 2, red winter, cash, Chicago, 1913-1924; wheat flour, winter straights, New York, 1890- 1913, Kansas City, 1913-1924;1 and bread, loaf, NewYork, 1890-1924______________________________________ 42Chart 8.— Cattle, good to choice steers, Chicago, 1890-1924; hides, green, salted, packers’, heavy native steers, Chicago, 1890- 1924; and fresh beef, native sides, New York, 1890-1924.1 44Chart 9.—Hogs, light, Chicago, 1890-1924; hams, smoked, loose, Chicago, 1890-1924; and sides, short clear, Chicago, 1890-1924_________ _________ ____________ i ________________ 46Chart 10.—Cotton, middling, spot, New York, 1890-1924; cotton yarns, carded, 22/1, 1890-1924; and brown sheeting, 4/4, Pep-perell, 1890-1924________________ 62Chart 11.— Milk, fresh, New York, 1890-1924; butter, creamery, extra,New York, 1890-1924; and cheese, whole milk, New York,1890-1924____________________________________________ 60Chart 12.—Wool, Ohio, medium fleece, scoured, Boston, 1890-1924;worsted yarns, 2-40s, 1890-1924; and suiting, middlesex,1890-1924_____ . _____________________________ ________ 66Chart 13.—Sugar, centrifugal, 96°, New York, 1890-1924; and granu­lated, New York, 1890-1924___________________________ 98Chart 14.—Shoes, men’s vici kid, Goodyear welt, factory, 1890-1913;tan, dress, Goodyear welt, side leather, factory, 1913- 1924; and women’s, solid grain, factory, 1890-1913, blackkid, Goodyear welt, factory, 1913-1924___________________ 106Chart 15.—Anthracite coal, chestnut, New York Harbor, 1890-1924;bituminous coal, Georges Creek, mine, 1890-1913; New River, Cincinnati, 1913-1924; and coke, Connellsville,furnace, ovens, 1890-1924_______________________________ 128Chart 16.—Pig iron, Bessemer, Pittsburgh, 1890-1924; steel billets, Bes­semer, Pittsburgh, 1890-1924; and wire nails, Pittsburgh*1890-1924____________________________________________ 142Chart 17.— Copper, ingot, New York, 1890-1924; copper wire, bare, mill, 1890-1924; and sheet copper, hot rolled, New York,1890-1924____________________________________________ 152Chart 18.—Lumber, yellow pine siding, New York, 1890-1916; North Carolina pine, No. 2 surfaced boards, Norfolk, 1916-1924;and oak, white, plain, New York, 1890-1924____________ 160Chart 19.—Plate glass, 5 to 10 square feet, polished, unsilvered, New York, 1890^-1905, glazing, New York, 1905-1924, andwindow glass, single, B, works, 1890-1924_________________ 172Chart 20.— Leather, oak, sole, Boston, 1890-1924; wax calf, B grade, Boston, 1890-1907; and chrome calf, Boston, 1907- 1924_____ 206 * IV

1 U. S. Food Administration standard in 1918.IV

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CONTENTS VCHARTS SHOWING MONTHLY FLUCTUATIONS OF WHOLESALE PRICES OF COMMODITIES, 1915 TO 1924

PageChart la.— Farm products, foods, and all commodities_______________ 24Chart 2a.— Cloths and clothing, fuel and lighting, and all commodities. _ 25Chart 3a.— Metals and metal products, building materials, and all com­modities____________________________________________ 26Chart 4a.— Chemicals and drugs, house-furnishing goods, and all com­modities____________________________________________ 27Chart 5a.— Identical commodities in raw and manufactured state_____ 33Chart 6a.— Corn, contract grades, cash, Chicago; and corn meal, mill. 39Chart 7a.— Wheat, No. 1, northern spring, and wheat flour, standardpatents, Minneapolis, Minn.; and bread, loaf, New York. 43 Chart 8a.— Cattle, good to choice steers; hides, green, salted, packers’,heavy native steers; and fresh beef, carcass, Chicago___ 45Chart 9a.—Hogs, light; hams, smoked, loose; and sides, short clear,Chicago_____________________________________________ 47Chart 10a.— Cotton, middling, spot, New York; cotton yarns, carded,22/1; and brown sheeting, 4/4, Pepperell_______________ 53Chart 11a.— Milk, fresh; butter, creamery, extra; and cheese, wholemilk, Chicago_______________________________________ 61Chart 12a.—Wool, Ohio, medium fleece, scoured, Boston; worsted yarns,2-40s; and suiting, middlesex_________________________ 67Chart 13a.—Sugar, centrifugal, 96°; and granulated, New York_______ 99Chart 14a.—Shoes, men’s tan, dress, Goodyear welt, side leather; andwomen’s black kid, Goodyear welt, factory_____________ 107Chart 15a.—Anthracite coal, chestnut, New York Harbor; bituminous coal, New River, Cincinnati; and coke, Connellsville,furnace, ovens_______________________________________ 127Chart 16a.—Pig iron, Bessemer; steel billets, Bessemer; and wire nails,Pittsburgh____ _____________________________________ 143Chart 17a.—Copper, ingot, New York; copper wire, bare, mill; and sheetcopper, hot rolled, New York_________________________ 153Chart 18a.—Lumber, southern yellow pine, No. 2, common; Douglas fir,No. 1, common; and red cedar shingles, 16-inch, mills___ 161Chart 19a.—Plate glass, 5 to 10 square feet, glazing, New York; and win­dow glass, single, B, works___________________________ 173Chart 20a.—Leather, union, sole; chrome calf, B grade; and glazed kid,Boston............................................... 207

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BULLETIN OF THEU. S. BUREAU OF LABOR STATISTICSNO. 390 WASHINGTON JULY, 1925

WHOLESALE PRICES, 1890 TO 1924INTRODUCTION

The first of a series of reports on wholesale prices in the United States was published by the Department of Labor, now the Bureau of Labor Statistics, in 1900.1 The purpose of that report was to continue, as far as practicable, the results of the investigation made by the United States Senate Committee on Finance for the years 1840 to 1891 and published in 1893.2 In the report of the Depart­ment of Labor much of the information contamed in the Senate Finance Committee’s report was brought up to date.In 1902, however, when the material for a new bulletin on whole­sale prices was being assembled, it was found 'that many of the articles included in the report of the Senate Finance Committee were either no longer manufactured or had ceased to be important factors in the market. On the other hand, a number of articles not shown in that report had become of such commercial importance as to render necessary their inclusion in the new report. These facts necessitated a revision of the list of commodities and the compu­tation of a new series of index numbers. Prices dating back to 1890 for the revised list of commodities were obtained, so that the information presented in the 1902 report covered the 12 years from 1890 to 1901, weekly or monthly as well as yearly prices being shown for each commodity.Information for the revised list of commodities was continued in subsequent wholesale-price reports to 1914, being contained in the March issues of the bimonthly bulletin of the bureau for the years from 1902 to 1911, inclusive, and published in separate form for 1912 and 1913. In each of these bulletins monthly prices were shown in detail for the last completed year, while yearly summaries were included for the period since 1890.Beginning with the report for 1914 3 the number of commodities included in the exhibit of wholesale prices was greatly increased, and in addition a radical change in the method o f constructing the index numbers from the money prices quoted was introduced.4 In the bulletins for 1915 and 1916 the plan was continued of publish­ing monthly prices for the last completed year and yearly averages1 U. S. Department of Labor Bui. No. 27, March, 1900. Subsequent reports are Bulletins Nos. 39, 45, 51, 57, 63, 69 , 75, 81, 87, 93, 99, 114, 149, 181, 200, 226, 269, 296, 320, 335, and 367.2 Report from the Committee on Finance of the U. S. Senate on Wholesale Prices, Wages, and Trans­portation, Mar. 3, 1893 (52d Cong., 2d sess.). Kept. No. 1394,3 U. S. Bureau of Labor Statistics Bui. No. 181.4 Idem., pp. 239 to 256,

1

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2 WHOLESALE PRICES, 1890 TO 1924back to 1890. Owing to the situation brought about by the World War, no report was published in 1917 or 1918. In 1919-20, how­ever, a bulletin containing data for all months from January, 1917, to December, 1919, and for all years since 1890 was prepared, which was published early in 1921. Subsequent bulletins covered the years from 1920 to 1923. In the present report the prices have been brought up to the end of 1924.Beginning with the 1921 bulletin, an important change was made in the grouping of commodities. In preceding reports of the bureau the plan was followed of arbitrarily confining an article to a particular group, regardless of its fitness for inclusion also under other group designations. In the bulletin for 1921 articles properly falling under more than one of the classifications adopted were included under each classification. For example, structural steel, nails, and certain other metal products used in building were placed in the group of building materials as well as in that of metals and metal products. Similarly, food articles produced on the farm which reach the consumer practically unchanged in form, such as pota'oes, eggs, and milk, were included both among farm products and among foods. In computing the general index number for all commodities, however, such articles were counted only once, thereby avoiding duplication in the final result.Besides the inclusion of certain articles in more than one group, a rearrangement of commodities within the several groups to provide for subgroups of closely related articles was made. Tne system of grouping adopted follows:1. Farm products:(а ) Grains.(б ) 'Livestock and poultry.(c) Other farm products.

(d) All farm products.2. Foods:(a) Meats.(b) Butter, cheese, and milk.(c) Other foods.(d) All foods.3. Cloths and clothing:(a) Boots and shoes.(b) Cotton goods.(c) Woolen goods.(d) Silk, etc.(e) All cloths and clothing.4. Fuel and lighting:(a) Anthracite coal.b) Bituminous coal.c) Other fuel and lighting.

id) All fuel and lighting. .5. Metals and metal products:(a) Iron and steel.(b) Nonferrous metals.(c) All metals and metal prod­ucts.

6. Building materials:(a) Lumber.(b) Brick.(c) Structural steel.(d) Other building materials.(e) All building materials.7. Chemicals and drugs*(a) Chemicals.(b) Fertilizer materials.(c) Drugs and pharmaceuticals.(d) All chemicals and drugs.8. House-furnishing goods:(a) Furniture.(b) Furnishings.(c) All house-fqrnishing goods.9. Miscellaneous:(a) Cattle feed.(b) Leather.(c) Paper and pulp.(d) Other miscellaneous.(e) All miscellaneous.10. All commodities.

In constructing the index numbers for the above groups of com­modities in the 1921 report, and in subsequent ones, the prices were weighted by data from the 1919 census instead of the 1909 census data formerly employed. This conforms to the plan contemplated by

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METHOD OF COMPUTING INDEX NUMBERS 8

the bureau at the inception of its weighted index number system in 1914 of revising the weighting factors every 10 years as new census information should become available. The method of computing group index numbers from the aggregate values of commodities, employed for the first time in the report for 1914, was continued in later reports and has been retained in the preparation of the present bulletin.METHOD OF COMPUTING INDEX NUMBERS

The average price of each article in the year 1913 (selected as the base period in order to provide a convenient pre-war standard for measuring price changes) has been multiplied by the estimated quantity of that article marketed in the census year 1919.5 The products thus obtained have then been added to give the approxi­mate value in exchange in 1913 of all the articles in each group and of the total list of commodities. Similar aggregates have been made for each other year since 1890 and for each month since January, 1913 by multiplying the average price of each article for the year or month by the quantity marketed in 1919 and adding the results.6 The index number for each group and for all commodities for each year and for each month has then been obtained by comparing the aggregate for such year or month with the corresponding aggregate for 1913, taken as 100.If, during the period under consideration, there had been no changes in the list of commodities included in the index numbers, the percentage changes in the cost of the different groups of commodities would be accurately measured by dividing the aggregates for the months and years specified by the corresponding aggregates for 1913. However, articles have been added or dropped from time to time as circumstances demanded, while substitution of one articleior another at a different price has been necessary in numerous instances. There­fore, in computing the index numbers for a series of years a method had to be adoptea that would allow for variations in the number and kind of commodities. This method, which is identical in principle with that now being used by the bureau in its reports on retail prices and on wages, consists in computing two separate aggregates for any year or month in which a change occurs, the first aggregate bemg based on the list of articles before making additions, subtrac­tions, or substitutions, and the second aggregate on the revised list of articles. In this way comparison between any two consecutive years or months is limited to aggregates made up of identical com­modities.The following statement relative to lumber in the group of build­ing materials will serve to illustrate the method employed, it having been necessary in several instances to substitute other lumber price series in 1918 in place of the price series formerly carried.• See Appendix A., pp. 215 to 222.6 Appendix C of Bulletin No. 367 contains monthly index numbers from January, 1900, to December, 1912, inclusive, computed according to method described above.

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4 WHOLESALE PRICES, 1890 TO 1924T a bie 1.—i n d e x n u m b e r s b a s e d o n a g g r e g a t e v a l u e s o f l u m b e r a n dSHINGLES M A R K ETED , 1917, 191$, AND 1919

Approximate value (000 omitted)Commodity

1917 1918-A

Douglas fir, No. 1, common.................................................Douglas fir, No. 2 and better...............................................Gum, sap, firsts and seconds......................... .....................Hemlock, northern, No. 1.....................................................Maple, hard, No. 1, common...............................................Oak, white, plain, No. 1, common........................ .............Pine, white, No. 2. barn.......................... ............................Pine, yellow, flooring, B and better............. .....................Pine, yellow, timbers, square edge, sound......... ...............Poplar, No. 1, common.........................................................Spruce, eastern, random..................................................—Lath, yellow pine, No. 1 (substituted for spruce in 1918).Shingles, cypress, 16 inches long..........................................Shingles, red cedar, 16 inches long.......................................Total......................................._•................................

Batio 1917 to 1918 and 1918 to 1919.......................................Index numbers (1913 equals 100)..........................................

$70,279 35,301 23,089 46,497 28,100 92,143 84,692 151,501 170,982 12,513 29,303 13,203 4,792 28,902

$80,793 41,328 27,451 51,816107,143 104,158 165,373 209,867 16,654 34,081 13,370 6,412 28,663

791,297 913,278100.00 115.42134.62 155.38

1919-B

$80,793 41,328 30,646 55,477 31,548 124,529 82,581 165,373 209,867 18,436 34,081 9,486 6,412 28,663919,220100.00

1919

$112,52058,54843,36168,37739,790182,08793,486269,427245,39321,77141,06215,5857,13846,0411,244,586

135.40210.38

The index number for 1917, with 1913 as the base period, was found to be 134.62. Dividing the comparable aggregate for 1918 ($913,278) by the aggregate for 1917 ($791,297) we obtain 115.42. This figure is the index number for 1918 on the 1917 base. To convert it to the 1913 base we multiply 115.42 by 134.62, giving 155.38 as the index for 1918 on the 1913 hase. This is rounded off to 155.4 when published. To obtain the index number for 1919 we first divide the aggregate for 1919 ($1,244,586) by the comparable aggregate for 1918 ($919,- 220), giving 135.40 as the index number for 1919 on the 1918 base. To convert this to the 1913 base we multiply 135.40 by 155.38 (the index number for 1918 on the 1913 base), which gives 210.38 as the index number for 1919 on the 1913 base. This is rounded off to 210.4 when published. Index numbers for all other groups and subgroups are found in the same manner in all cases where a change in tne hst of included articles has been made.To ascertain the quantities of the various commodities marketed in 1919, every available source of information, official and private, was drawn upon. In the case of articles consumed to a large extent by the producer, as corn, oats, hay, etc., only the portion actually mar­keted, as near as could be determined, was taken. A similar plan was followed with regard to semimanufactured articles, such as cotton and worsted yarns, pig iron, and steel billets, which often are carried into further processes of manufacture in establishments where pro­duced. The quantity of each article sold in the markets was ascer­tained as nearly as possible and used to weight the prices for the different years and months.Not all of the commodity prices shown in the present bulletin have been used in constructing the index numbers. Several articles of minor importance, such as crackers and cornstarch, have been omitted because of their negligible influence upon price movements. Other articles of some importance, such as hammers, saws, and shovels, have been omitted because satisfactory weighting factors could not be obtained. In still other instances, such as brick, lumber, and structural steel, where more than one price series has been included in the bulletin, only those series believed to be most representative

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COMMODITIES INCLUDED IN PRESENT BULLETIN 5

have been used in the index. Of the 526 series of quotations for 1923 and 1924 shown in the detailed tables of this bulletin, 404 series have been weighted and used in commuting the index numbers.5 To show more minutely fluctuations in prices, all index numbers in the present bulletin are published to one decimal fraction.COMMODITIES INCLUDED IN THE PRESENT BULLETIN

In the selection of commodities for inclusion in the bureau’s reports on wholesale prices it has been the aim to choose only important and representative articles in each group. To this end, in addition to utilizing all available information from official sources, a careful inquiry was instituted in the principal market centers to determine which articles within the general class or group enter to the largest extent into exchange from year to year. Thus, eggs classed as “ firsts” are now quoted instead of the “ new laid” grade at one time carried, since it has been ascertained that “ firsts” are relatively more important in the market. In the case of butter and several other articles the quotations have been enlarged in recent years *by the addition of lower priced grades that were found to constitute a considerable part of the volume of sales. In the case of commodi­ties classed as chemicals or drugs, where a range of prices was found, the lower quotations were selected because these quotations are be­lieved to represent the prices of larger lots, while the higher quota­tions represent the prices of smaller lots. The sources from which price quotations for the past two years have been drawn are as follows: Table 2,—SOURCES OF PR IC E QUOTATIONS, 1923 AND 1924

Source Farmprod­ucts FoodsClothsandcloth­ing

Fuelandlight­ing

Metalsandmetalprod­ucts

Build­ingmate­rials

Chem­icalsanddrugs

House-fur-nish-inggoods

Mis­cella­neousAllcom­modi­ties

Standard trade journals...........Manufacturers or sales agents. Boards of trade, associations, e tc ._____________________

56424

81187

686

1922 3319 33207

65 2110

237 310179325Federal or State bureaus_____ 1

T o ta l . . . ........................... 66 106 74 41 53 60 65 31 30 526

So far as possible, the quotations for the various commodities have been secured in their primary markets. For example, the prices quoted for livestock and most animal products, as well as for most grains, are for Chicago; wheat and flour prices are mainly for Kansas City and Minneapolis; pig iron and steel prices are for Pittsburgh, etc. The prices used are, in all instances where this information could be obtained, based on first-hand transactions. Thus the cattle and other livestock prices used are those paid by slaughterhouses to the com­mission man acting for the producer. Grain prices are those ruling on the floor of the exchange for grain shipped in by country elevators. Cotton and wool prices are for sales made to manufacturers. Cotton and woolen goods prices are in most instances those quoted by manu­facturers to wholesalers, jobbers, and manufacturers of wearing apparel. Butter and egg prices are for consignments to the whole-* See Appendix A, pp, 215 to 222.

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6 WHOLESALE PRICES, 1890 TO 1924

sale trade. Fluid milk prices are those to producers for milk deliv­ered on city platform. Flour prices are those made by millers to large wholesale dealers, jobbers, and bakers. Leather prices are those from tanners to manufacturers. Coke prices are those to operators of blast furnaces. Pig iron prices are those to foundry operators and large steel makers. Steel prices are those to jobbers or large manufacturing consumers.For commodities of great importance, more than one price series has been included in the present bulletin. In no case,- however, is an article of a particular description represented by more than one series of quotations for the same market. For most articles weeklyJuices have been secured. In a large number of instances, particu- arly since the beginning of 1918, it nas been possible to obtain aver­age monthly prices from daily quotations. For those commodities whose prices are quite stable, such as certain textiles and building materials, only firet-of-the-month prices have been taken. These details are summarized for 1923 and 1924 as follows:Table 3.—N U M B ER OF COM M ODITIES, OR SERIES OF QUOTATIONS, CLASSIFIED AS TO FREQUENCY, 1923 AND 1924

Frequency of quotation

<

Farmprod­ucts FoodsClothsandcloth­ing

Fuelandlight­ing

Metalsandmetalprod­ucts

Build­ingmate­rials

Chem­icalsanddrugs

House-fur-nish-inggoods

Mis­cella­neousAllcom­modi­ties

Wflflkly _ _ _ 56 90 1 32 32 23 65 17 316M onthly 4 13 18 5 13 12 4 7 76Average for m onth.................... 6 3 55 4 8 25 27 6 134Total................................. 66 106 74 41 53 60 65 31 30 526

I t is obvious that in order to arrive at a strictly scientific average price for any period, one must know the precise quantity marketed and the price at which each unit of the quantity was sold. I t is manifestly impossible to obtain such detail, and even if it were possible the labor and cost involved in such a compilation would be prohibitive. The method employed here, which is the one usually employed in computing average prices, is believed to yield results quite satisfactory for afl practical purposes.PRICES OF COMMODITIES IN 1924 AND IN PREVIOUS YEARS. Although a sharp upturn set in late in the year, wholesale prices of most commodities averaged lower in 1924 than in 1923. This was particularly true of fuels, metals, and building materials, in which groups average prices in 1924 were from 6 to 8 per cent below those of the year before. Clothing materials and house-furnishing goods also were cheaper. Farm products, on the other hand, averaged somewhat higher than in 1923. Foods and chemicals showed prac­tically no change in the general price level.Bituminous coal and coke declined steadily in price during most

of 1924, reacting to some extent toward the end of the year. Anthra­cite prices, after weakening in April, advanced above the prices of the previous year. Crude petroleum and gasoline prices increased sharply in the early months but declined as rapidly thereafter. Iron and steel products fell while nonferrous metals, including copper, lead, tin, and zinc, after reaching low levels in the summer months,

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PRICES OP COMMODITIES 1

rose again in the fall and winter. Among building materials, prices of lumber slumped rapidly to August but increased afterwards, the average for the year being about 11 per cent below that for 1923. Brick prices showed little change from the year before, except for a sagging tendency in the closing months. Portland cement ana gravel were steady, while lime, sand, and plate and window glass dropped appreciably during the year. Prices of cotton and woolen goods were as a rule below those of 1923, the market for cotton goods growing weaker and that for woolen goods stronger as the year progressed! Footwear prices were firm, wnile prices of silks declined m the first half and advanced in the second half of the year. Household fur­niture cost less than in 1923, while furnishings also were cheaper.The reaction in farm products from 1923 prices was especially pronounced in the case of grains. Cash corn of contract grades in Chicago reached a level of $1.23 per bushel in December, compared with .73 cents in December of 1923. In the same month oats in the same market averaged over 30 per cent higher, wheat 50 per cent higher, and rye 100 per cent higher than in December, 1923. Beef cattle were lower than in the year before, while hogs, sheep, and lambs were considerably higher, as also were poultry and eggs, hides, and wool. Cotton at iNew York in December was 33 per cent below the average for December, 1923, while the average for the year also was lower. Onions and potatoes likewise averaged less than in 1923.Among foods, meats averaged higher than in 1923 while butter, cheese, and milk were cheaper. Cattle feed, leather, fertilizer mate­rials, and drugs were below the level of the year before and industrial chemicals were higher. Paper and pulp showed little change •in average yearly prices, but were higher toward the end of the year.Comparing prices in 1924 with those prevailing in the pre-war year 1913, the group of commodities showing the largest increase was that of cloths and clothing, in which the rise was 91 per cent. Building materials came next with an average increase of 75 per cent. Other increases were: House-furnishing goods, 73 per cent; fuel and lighting materials, 70 per cent; foods, 44 per cent; farm products, 43 per cent; metals, 35 per cent; chemicals and drugs, 30 per cent; and miscellaneous commodities, including such important articles as cattle feed, leather, paper and pulp, nemp, jute, soap, starch, and manufactured tobacco, 17 per cent. All commodities, considered in the aggregate, were 50 per cent higher in 1924 than in 1913.Table 4 shows for each of the 10 groups the number of commod­ities, or separate commodity units, for which comparable wholesale prices were obtained for the years 1923 and 1924, ana the number that increased or decreased in 1924 as compared with the year previous:Table 4.—CHANGES IN AVERAGE PRICES PROM 1923 TO 1924, BY GROUPS OF COM­M ODITIES

Change Farmprod­ucts FoodsClothsandcloth­ing

Fuelandlight­ing

Metalsandmetalprod­ucts

Build­ingmate­rials

Chem­icalsanddrugs

House-fur-nish-inggoods

Mis­cella­neousAllcom­modi­ties

Increases...................................... 39 55 23 14 17 20 19 7 14 208Decreases.... ........ ...................... 25 50 44 26 29 39 43 21 16 293No change.................. .............. 2 1 7 1 7 1 3 3 25Total................................. 66 106 74 41 53 60 65 31 30 526

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8 WHOLESALE PRICES, 1890 TO 1924

I t is seen from the above table that of the 526 comparable price series secured by the bureau for 1923 and 1924 increases in average prices were reported for 208 series and decreases for 293 series. In the case of 25 price series no change in average prices was shown. Detailed information concerning price changes will be found in the table on pages 36 to 213 of this bulletin.Index numbers for the several groups of commodities for the years from 1890 to 1924 are shown in Table 5. As has been explained, in computing these index numbers the year 1913 was taken as the base period in order to provide a pre-war standard for measuring price changes. To assist in the comparison afforded by the index numbers there is also shown the percentage of increase or decrease in prices for each year as compared with the next preceding year.T able 5.—IN D E X NUM BERS OF WHOLESALE PRICES, BY GROUPS OF COM M ODITIES,1890 TO 1924

(Base: Estimated value in 1913=100)[For explanation of method used in computing these index numbers see pp. 3 and 4]

Farm products1 Foods1 2 * Cloths and clothing8 Fuel and lighting4 * *Metals and metal products«

Year Indexnum­ber

Per cent of in­crease (+) or de­crease (—) compared with pre­ceding year

Indexnum­ber

Per cent of in­crease (+) or de­crease!—) compared with pre­ceding year

Indexnum­ber

Per cent of in­crease (+) or de­crease!—) compared with pre­ceding year

Indexnum­ber

Per cent of in­crease (+) or de­crease (—) compared with pre­ceding year

Indexnum­ber

Per cent of in­crease (+) or de­crease (—) compared with pre­ceding year1890.................... 69.8 86.4 949 62.2 115.9101.51891__________ 75.0 +7.4 85.3 -1 .3 90.8 - 4 3 60.3 -3 .1 -12 .41892.................... 68.5 -8 .7 79.4 -6 .9 91.2 + .4 56.9 -5 .6 92.5 -8 .91893........... ........ 70.7 +3.2 85.1 +7.2 89.7 -1 .6 57.6 +1.2 846 -8 .51894__________ 61.4 -13 .2 75.1 -11.8 79.3 -11.6 56.0 -3 .0 72.3 - 1 4 51895................... 61.2 - . 3 73.6 -2 .0 77.3 -2 .5 65.9 +17.7 77.5 +7.21896.................... . 55.0 -10.1 68.7 -6 .7 75.8 -1 .9 645 -2 .1 78.4 +1.21897— ............... 59.2 +7.6 70.8 +3.1 748 -1 .3 55.3 - 1 4 3 71.6 -8 .71898.................... 62.8 +6.1 74.3 + 4 9 77.0 +2.9 56.3 +1.8 71.9 + .41899__________ 64.1 +2.1 743 («) 80.4 + 4 4 67.2 +19.4 110.1 +53.11900— ............... 70.4 +9.8 79.0 +6.3 87.8 +9.2 75.5 +12.4 107.9 -2 .01901__________ 73.6 +4.5 78.6 - . 6 81.0 -7 .7 72.9 -3 .4 102.5 -5 .01902_— ........... 81.4 +10.6 83.0 +5.6 82.5 +1.9 84.5 +15.9 100.2 -2 .21903.................... 77.2 -5 .2 81.0 -2 .0 87.4 +5.9 98.5 +16.6 99.3 - . 91904__________ 81.1 +5.1 840 +3.7 87.9 + .6 87.0 -11 .7 88.0 -11 .41905.................... 78.8 -2 .8 85.8 +2.1 90.4 +2.8 80.9 -7 .0 98.2 +11.61906— ............... 80.3 +1.9 83.2 -3 .1 98.2 +&6 849 + 4 9 112.8 + 1491907-................. 86.7 +8.0 88.7 +6.6 104.7 +6.6 88.8 + 4 6 120.9 +7.21908................... 86.5 - . 2 91.4 +3.0 93.8 -10.4 87.7 -1 .2 95.0 -21 .51909,_________ 97.0 +12.1 97.4 +6.6 97.6 +4.1 84.2 - 4 0 93.1 -2 .01910— ............... 103.2 +6.4 101.1 +3.8 99.9 +2.4 77.8 -7 .6 93.8 + .81911— ............... 93.0 -9 .9 96.5 -4 .5 95.8 - 4 1 76.2 -2 .1 89.0 -5 .11912__________ 101.3 +8.9 104 0 +7.8 97.2 +1.5 83.9 +10.1 98.6 +10.81913...............— 100.0 -1 .3 100.0 -4 .0 100.0 +2.9 100.0 +19.2 100.0 +1.41914— ........... 102.6 +2.6 101.8 +1.8 97.7 -2 .3 92.9 -7 .1 849 -15.11915— ........... 103.9 +1.3 104 5 +2.7 98.3 + . 6 87.9 -5 .4 99.3 +17.01916_________ _ 122.8 +18.2 121.2 +16.0 127.0 +29.2 126.4 +43.8 161.8 +62.91917_____ ____ 189.6 +54.4 167.2 +38.0 175.3 +38.0 168.9 +33.6 231.0 +42.71918__________ 218.5 +15.2 188.4 +12.7 228.0 +30.1 169.8 +.5 187.1 -19 .01919____ _____ 230.8 +5.6 206.6 +9.7 252.9 +10.9 180.5 +6.3 162.1 -13 .41920.................... 217.9 -5 .6 219.7 +6.3 295.5 +16.8 241.4 +33.7 191.7 +18.31921.................... 123.7 -43 .2 1440 -3 4 5 179.5 -39.3 199.4 -17 .4 129.0 -32 .81922.................... 133.3 +7.8 138.4 -3 .9 180.8 +.7 217.5 +9.1 122.0 -5 .41923.................... 141.2 +5.9 143.8 +3.9 200.1 +10.7 185.1 - 1 4 9 1444 +18.41924.................... 143.4 +1.6 144 2 +.3 190.9 - 4 6 170.3 -8 .0 134 5 -6 .9

1 Number of commodities varied from 24 in 1890 to 66 in 1924.2 Number of commodities varied from 36 in 1890 to 95 in 1924.8 Number of commodities varied from 40 in 1890 to 65 in 1924.4 Number of commodities varied from 12 in 1890 to 20 in 1924.8 Number of commodities varied from 20 in 1890 to 37 in 1924.• No change.

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PRICES OF COMMODITIES 9T able 5.—IN D E X N UM BERS OF WHOLESALE PRICES, BY GROUPS OF COM M ODITIES,1890 TO 1924—Continued

[For explanation of method used in computing these index numbers see pp. 3 and 41

Year

Building ma­terials 7 Chemicals and drugs8 Housefurnish­ing goods9 Miscellaneous 10 All commodi­ties 11

Indexnum­ber

Per cent of in­crease (+) or de­crease (—) compared with pre­ceding year

Indexnum­ber

Per cent of in­crease (+) or de­crease (—) compared with pre­ceding year

Indexnum­ber

Per cent of in­crease (+) or de­crease (—) compared with pre­ceding year

Indexnum­ber

Per cent of in­crease (+) or de­crease (—) compared with pre­ceding year

Indexnum ­ber

Per cent of in­crease (+) or de­crease (—) compared with pre­ceding year

1890-................ 81.9 91.3 88.5 99.5 80.51891.................... 77.9 -4 .9 92.3 +1.1 89.4 +1.0 96.6 -2 .9 80.0 -0 .71892.................... 73.5 -5 .6 93.1 + .9 85.4 -4 .5 90.7 -6 .1 74.8 -6 .41893.................... 73.3 - . 3 90.6 -2 .7 85.3 - . 1 91.7 +1.1 76.6 +2.41894.................... 70.1 -4 .4 81.7 -9 .8 80.5 -5 .6 88.4 -3 .6 68.7 -10.31895................... 68.3 -2 .6 80.7 -1 .2 77.3 -4 .0 92.9 +5.1 70.0 +1.91896.................... 68.5 +• 3 81.1 + .5 76.9 - . 6 91.7 -1 .3 6& 7 -4 .71897.................... 66.0 -3 .6 88.5 +9.1 75.4 -2 .0 93.3 +1.7 66.8 +• i1898.................... 69.7 +5.6 96.6 +9.2 78.0 +3.4 95.6 +2.5 69.6 +4.21899.................... 76.8 +10.2 101.2 +4.8 79.9 +2.4 99.7 +4.3 74.9 +7.61900.................... 81.4 +6.0 102.4 +1.2 86.8 +8.6 103.7 +4.0 80.5 +7.51901.................... 78.1 -4 .0 105.0 +2.5 86.9 + . 1 95.7 -7 .7 79.3 -1 .51902.................... 79.9 +2.3 107.9 +2.7 87.4 + . 6 92.6 -3 .2 84.4 + a 41903.................... 82.2 +2.9 104.8 -2 .9 90.4 +3.4 101.6 +9.7 85.5 +1.31904.................... 79.3 -3 .5 104.9 + .1 89.2 -1 .3 110.0 +8.3 85.6 + .11905._________ 84.8 +6.9 102.7 -2 .1 88.3 -1 .0 117.0 +6.4 86.2 + .71906......... .......... 95.2 +12.2 95.8 -6 .7 91.1 +3.2 116.3 - . 6 88.6 * +2.81907.................... 100.2 +5.2 97.9 +2.2 97.6 +7.1 111.2 -4 .4 93.5 +5.51908-................ 91.8 -8 .4 99.2 +1.3 91.6 -6 .2 101.1 -9 .1 90.1 -3 .61909.............— 94.6 +3.1 99.7 + .5 . 91.7 + .1 13a 3 +28.9 96.9 +7.51910-......... — 97.5 +3.1 102.3 +2.6 95.8 +4.5 151.1 +16.0 100.9 +4.11911-................. 97.6 +• 1 101.7 - . 6 93.5 -2 .4 111.1 -26.5 93.0 -7 .21912__________ 98.5 + .9 100.7 -1 .0 94.0 + . 5 110.2 - . 8 99.1 +5.91913____ _____ 100.0 +1.5 100.0 - . 7 100.0 +6.4 100.0 -9 .3 100.0 + .91914.................... 92.0 -8 .0 100.7 + . 7 100.0 (6) 95.4 -4 .6 98.1 -1 .91915................ - 94.0 +2.2 133.7 +32.8 99.8 - . 2 94.7 - . 7 100.8 +2.81916....... .......... . 120.3 +28.0 180.9 +35.3 106.3 +6.5 120.8 +27.6 126.8 +25.81917......... ......... 157.0 +30.5 202.0 +11.7 125.4 +18.0 148.3 +22.8 177.2 +39.71918................ . 172.0 +9.6 215.1 +6.5 152.5 +21.6 156.3 +5.4 194.3 +9.71919................... 201.4 +17.1 169.3 -21.3 183.6 +20.4 174.7 +11.8 206.4 + a 21920.................. . 264.1 +31.1 199.7 +18.0 253.8 +38.2 .195.5 +11.9 226.2 +9.61921................ . 165.4 -37 .4 135.6 -32.1 195.1 -23.1 128.1 -34.5 146.9 -35.11922......... ......... 168.4 +1.8 124.2 -8 .4 175.8 -9 .9 117.5 -8 .3 148.8 +1.31923..............— 189.1 +12.3 131.0 +5.5 183.1 +4.2 122.7 +4.4 153.7 +3.31924.................... 175.1 -7 .4 130.4 - . 5 172.8 -5 .6 116.7 -4 .9 149.7 -2 .6

6 No change.7 Number of commodities varied from 22 in 1890 to 32 in 1924.»Number of commodities varied from 11 in 1890 to 43 in 1924.9 Number of commodities varied from 21 in 1890 to 31 in 1924.10 Number of commodities varied from 13 in 1890 to 25 in 1924.11 Number of commodities varied from 199 in 1890 to 404 in 1924.

To enable the reader to follow more readily the rise and fall of prices year by year since 1890 a series of charts has been constructed. A glance at the first of these (Chart 1), in which the curves for farm products and foodstuffs are compared with the curve for all com­modities, shows that the general trend of wholesale prices for all commodities taken together was downward during the first eight years of the period, or until 1897, after which they rose steadily until 1910, except for a slight decline in 1901 and a more decided one in 1908. In 1911 there was a sharp decline, followed by a

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Chart 1400375350325300275250225200

175

150

125

100

75

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WHOLESALE PBICES, 1890 TO 1924

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43831°—25f—Bull. 390-

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100

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PRICES OF COMMODITIES

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400375350325300275250225200175

150

125

too

25

50

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Chart 3

METALS A H D METAL PRODUCTS__________

ALL COMMODITIES ( 1 9 1 3 = 1 0 0 . )

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WHOLESALE PRICES, 1890 TO 1924

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Chart 44 0 03 7 53 5 03 2 53 0 02 7 5

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14 WHOLESALE PRICES, 1890 TO 1924quick recovery in 1912 which lasted through 1913. In 1914 prices again subsided to some extent, but reacted in the following year. Between 1915 and 1916 occurred by far the most pronounced price advance that had taken place between any two years up to that time, the index number for all commodities rising from 100.8 to 126.8, an increase of 26 per cent. An even greater advance took place between 1916 and 1917, the index for 1917 rising to 177.2, an in­crease of 39 per cent. A further advance in prices brought the index number for 1918 up to 194.3, a point 10 per cent above the level for 1917. In 1919 the index number increased to 206.4, or 6 per cent above the 1918 index, and in 1920 it rose to 226.2, or 10 per cent above the level of prices in 1919 and 126 per cent above the basic figure for 1913. In 1921 the index declined to 146.9, a fall of 35 per cent from the 1920 price level, but it increased to 148.8 in 1922, and 149.7 in 1924.Comparing the curves for farm products and foods shown in Chart 1 with the all-commodities curve, one is struck by their great simi­larity. The reason for the preponderating influence of farm products and foods upon the yearly price changes of all commodities becomes clear when one consults Appendix B (pp.223 to 231) of the present bulletin, which gives the approximate values in 1924 of the com­modities comprising the several groups in the exchanges of the country.Yearly price fluctuations in the groups of cloths and clothing and fuel and lighting are compared with all commodities in Chart 2. Cloths and clothing remained relatively stable in price from 1890 to 1915, except for rattier sharp declines in 1894, 1901, and 1908. The steep increases that took place in this group from 1915 to 1920 are clearly brought out in the chart, as is also the decided drop in 1921 and 1922 and the recovery in 1923. Marked fluctuations since 1890 have occurred in the group of fuel and lighting materials. The lowest levels were reached in 1894 and in 1897-98. The great rise in coal and coke prices in 1920 and in 1922 is reflected in the chart.Metals and metal products (Chart 3) were relatively quite high in 1890-91, and reached their lowest point in 1894 and 1897-98. War demands in 1917 forced prices to unheard-of levels, but in 1919-20 the average for this group had fallen below that of any other. Building materials (Chart 3) conformed to the same trend as all commodities from 1890 to 1915 and fluctuated at high levels in the last nine years of the period.The curves for chemicals and drugs and for house-furnishing goods in Chart 4 show only minor variations up to 1914. In 1915, owing to the early influence of war, prices of chemicals and drugs had increased 34 per cent over the average for 1913 while in no other group had the increase been greater than 5 per cent. From 1915 to 1918 prices continued to advance sharply, but with the cessation of hostilities in the latter year a decline set m, followed by a reaction in 1920 and another decline from 1921 to 1924. House-furnishing goods showed a downward trend from 1890 to 1897, a gradual upward trend to 1913-1915, and a sharp increase to 1920. In 1921 prices in this group dropped back to an average of 95 per cent above 1913 prices, and in 1922 to 76 per cent above that level, advancing to 83 per cent above the 1913 level in 1923. The group of miscellaneous commodities, owing to the diversity of its constituents, has not been

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PRICES OF COMMODITIES 15

charted, but conforms quite closely to the all-commodities curve during most of the period since 1890.Table 6 and Charts la to 4a furnish a comparison of group price fluctuations with all commodities, by months, from January, 1915,7 to December, 1924. These charts are not directly comparable with those indicating yearly price changes, owing to the difference in the time units. They may, however, be compared directly with the several charts showing monthly price variations of important indi­vidual commodities appearing elsewhere in this bulletin. In Table 6 index numbers are shown for the various subgroups of commodities in addition to the group index numbers. No mdex numbers for sub­groups have been computed by th 1 * * ' " "shown in Chart la, the unprecedented advances in 1916 and 1917 contrast strongly with price changes in 1915. The steadying effect of governmental price control, inaugurated in the summer and fall of 1917, is clearly discernible in the charts, as is also the steep in­crease that took place in each of these two groups in 1919. In 1920 the prices of farm products continued high until April, after which declmes set in that brought the December level down to a point be­low that of any month since January, 1917. Food prices reached their peak in May, followed by sharp decreases to the end of the year. In 1921 both groups continued steadily downward until June, reacting in the next tnree months and declining again in the fall and winter. The close of 1924 found farm products nearly 57 per cent higher and foodstuffs 58 per cent higher than the 1913 level.In the cloths and clothing group (Chart 2a) prices showed little variation until late in 1915, from which time they rose rapidly until the armistice period in 1918. Following the cessation of hostilities, prices declined until the spring of 1919, when they again advanced sharply. The peak of prices in this group was reached early in 1920, when they approximated three and a half times the 1913 level. Later declines brought the level in the summer of 1921 to a point only 71 per cent above the 1913 level. Small increases took place in the last four months of 1921, followed by further declines in the spring and further increases in the fall and winter of 1922, and fluctuating at relatively high levels during 1923 and 1924.The curve for the fuel and lighting group, also shown in Chart 2a, shows the great increases that took place in fuel prices in the second half of 1916 and the first half of 1917, before price control was insti­tuted. The drop in prices from June to October of 1917, as the Fuel Administration began to function, is strikingly brought out in the chart. The great height to which fuel prices rose in the fall of 1920, as well as subsequent declines to the fall of 1921 and the increase caused by the coal strike in the summer of 1922, is also emphasized by the chart. During 1923 prices in this group steadily receded, until the December level was only 62 per cent above the 1913 average. An advance in the early part of 1924 was followed by further declines later in the year.

In the two important groups

7 Corresponding information for 1913 and 1914 will be found in Bulletin No. 367, pp. 219 to 229.

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TABLE 6 .- IN D E X NUM BERS OF WHOLESALE PRICES, BY GROUPS AND SUBGROUPS OF COM M ODITIES AND BY MONTHS, 1915 TO 1924[For explanation of method used in computing these index numbers see pp. 3 and 4. Base: Estimatedvalue in 1913—100]

16 WHOLESALE PRICES, 1890 TO 1924

Farm products Foods Cloth3 and clothingYear and month

GrainsLive­stockandpoul­try

Otherfarmprod­ucts

Allfarmprod­uctsMeats

Butter,cheese,andmilkOtherfoods Allfoods

BootsandshoesCot­tongoods

1915Average for year____ 135.2 95.1 97.6 103.9 95.9 95.5 111.4 104.5 107.3 88.9January................ 141.1 92.8 97.5 104.1 95.8 104.1 111.9 106.2 106.4 83.9February............. 158.3 89.4 95.4 105.2 93.8 102.6 115.8 107.6 106.5 844M arch.................. 151.5 90.5 93.5 103.6 90.7 98.8 115.1 105.7 107.1 82.8April.....................M ay....... ............ 155.0 92.1 92.3 104.4 91.3 92.7 115.0 1048 107.1 85.5154.3 96.6 .89.2 104.7 95.7 86.1 114 7 104 7 107.1 86.4June...................... 131.5 98.0 88.9 100.7 97.0 85.0 110.3 102.4 107.4 85.8July.......... ........... 136.1 99.6 92.3 103.7 99.2 89.5 110.6 103.9 107.4 85.8August.................. 130.8 98.0 95.0 103.1 97.7 89.4 107.9 102.0 107.4 86.9September........... 114.3 98.6 98.2 101.5 96.4 91.6 103.2 99.4 107.4 90.0October............ 113.3 100.6 106.7 105.6 99.8 96.1 105.5 102.4 107.7 95.4November___. . . 113.3 93.7 109.8 1041 97.7 103.0 110.8 105.9 108.2 99.1December______ 121.8 90.2 112.2 105.4 94.8 107.6 1146 ioao 108.3 100.31916Average for year____ 141.7 113.9 122.5 122.8 111.2 107.8 130.2 121.2 126.8 121.6January................ 131.8 96.2 112.4 109.8 97.7 104 9 115.7 109.0 109.5 105.0February............. 130.8 100.6 109.8 110.3 100.7 105.5 115.5 109.8 111.1 107.0M arch.................. 119.8 110.8 107.5 111.2 106.3 107.0 116.1 111.9 113.2 ioaiApril............ ........M a y ... ......... ....... 126.4 112.3 108.3 113.4 ioao 105.0 120.0 1142 115.9 110.8123.5 115.0 111.3 115.1 110.4 96.4 122.9 115.0 120.5 113.1June...................... 115.6 117.4 110.8 114 3 1144 91.5 122.3 1149 122.8 115.6July............... ....... 123.7 117.6 113.6 117.1 114 9 94.9 124.9 117.1 125.0 117.2August............ . 147.7 120.1 119.9 125.3 116.3 101.3 130.7 121.8 127.1 120.1September........... 157.5 122.6 126.7 131.0 118.6 106.6 136.1 126.4 129.7 125.0October________ 171.4 117.1 138.4 136.4 116.1 120.3 146.3 133.7 137.7 135.1November........... 185.8 118.9 154 9 146.7 116.1 130.1 157.0 141.3 150.0 145.4December............. 173.9 121.5 155.7 145.7 1148 130.6 150.1 137.2 159.8 156.01917Average for year____ 243.7 167.6 185.0 189.6 150.3 143.4 182.7 167.2 168.3 176.2January......... ....... 189.7 127.5 158.3 152.3 118.4 128.2 153.9 139.9 168.5 155.1February______ 184.4 139.8 160.7 157.1 125.5 130.6 158.1 144.6 16a 5 150.3M arch.................. 201.8 155.6 15a 4 165.7 132.8 130.3 160.9 148.1 171.7 149.7April.....................M a y ... ........... . 246.8 164.3 172.2 183.5 143.9 140.4 181.7 1644 171.7 157.5294.7 167.6 176.0 195.8 149.5 133.2 200.2 175.0 171.9 163.1June...................... 276.8 164.6 185.2 194.8 149.8 127.7 195.2 171.5 171.9 170.2July....................... 272.0 164.8 188.9 195.6 149.3 1343 189.9 169.4 171.9 185.7August....... .......... 266.1 180.0 191.8 201.5 154.7 144 0 194 3 175.0 167.1 189.2September........... 250.2 197.0 184.'4 202.1 169.1 149.9 187.4 176.1 165.4 188.8October................ 244.5 190.7 2045 206.8 172.7 166.4 187.6 179.9 164.2 192.6November........... 248.5 186.4 218.9 211.8 168.3 167.4 191.3 181.0 163.7 201.6December............ 238.7 176.8 222.1 207.4 173.1 169.2 188.2 180.9 163.7 209.81918Average for year........ 239.2 201.8 224.6 218.5 185.5 171.7 194.8 188.4 180.4 2648January................ 243.7 173.4 230.7 210.6 168.6 178.3 190.5 182.5 163.7 225.0February.............. 248.2 177.3 225.6 210.9 168.5 176.3 192.0 182.9 163.7 2348M arch.................. 253.1 182.1 218.2 210.7 170.7 165.2 186.8 178.8 164.1 249.4April.....................M ay...................... 248.4 195.5 212.5 212.7 183.5 149.0 189.4 181.0 164.4 270.8238.8 201.3 202.6 209.1 185.9 143.7 188.4 180.2 168.1 277.8June......... ........... 234.9 200.2 207.5 209.9 190.0 132.7 189.6 180.1 175.3 283.9July...................... 241.6 205.7 216.6 217.1 189.1 147.3 194.5 185.0 181.5 282.4August................. 238.0 220.1 228.6 227.0 1941 160.9 194.1 188.5 190.5 273.5Septem ber......... 235.4 224.9 242.0 233.9 200.2 1744 198.3 194.7 200.0 274.1October................ 227.4 211.1 237.0 224.9 190.7 198.7 201.8 198.2 200.1 278.1November........... 227.0 210.1 238.0 224.8 1941 220.2 2049 204.5 .200.4 275.3December............. 234.9 210.3 238.3 226.5 199.1 220.3 205.5 206.2 200.5 265.01919Average for year........ 250.6 210.9 240.4 230.8 196.0 1948 215.4 206.6 248.2 257.0January......... ....... 234.7 211.9 231.0 224.1 197.8 2144 202.7 203.3 200.9 238.8February............. 225.6 213.2 2147 216.1 195.4 186.9 195.7 1941 201.5 215.5M arch.................. 239.6 222.5 217.4 223.6 200.2 190.8 201.2 199.1 202.7 203.9April....... .............M ay..................... 263.2 230.2 214.4 230.0 207.6 187.5 209.6 205.3 203.7 200.1271,9 226.8 223.4 234.1 209.1 182.3 218.3 209.8 210.6 211.4June..................... 255.6 210.5 227.8 226.4 195.6 178.5 215.5 20a 9 235.7 247.0Ju ly ........ ............. 258.6 227.8 245.8 241.2 202.1 184.1 221.2 209.8 256.8 272.1August.................. 254.0 228.6 248.4 241.6 208.3 192.6 222.5 2ia 6 288.2 283.1September........... 241.0 203.3 239.5 225.5 19a 8 195.4 213.2 2049 297.5 282.1October................. 240.6 190.4 256.7 227.4 182.1 202.4 216.5 204.8 293.3 289.9November............ 253.7 187.8 276.0 236.9 181.6 211.0 223.4 209.9 2945 311.1December............. 269.7 184.2 284.7 242.2 178.5 213.9 241.8 219.9 2949 329.1

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PRICES OF COMMODITIES 17

[For explanation of method used in computing these index numbers see pp. 3 and 4. Base: Estimated 1 P value in 1913=100]

T able 6.—INDEX NUMBERS OF WHOLESALE PRICES, BY GROUPS AND SUBGROUPSOF COMMODITIES AND BY MONTHS, 1915 TO 1924—Continued

Farm products Foods Cloths and clothingYear and month

GrainsLive­stockandpoul­try

Otherfarmprod­ucts

Allfarmprod­uctsMeats

Butter,cheese,andmilkOtherfoods Allfoods

BootsandshoesCot­tongoods

1920Average for year........ 255.5 175.4 240.7 217.9 179.5 194.4 246.7 219.7 278.2 328.6January................ 278.0 188.3 288:6 247.0 178.1 209.8 263.3 231.2 295.1 359.4February............ 257.6 182.2 280.4 237.3 175.3 202.0 250.1 221.7 303.5 384.2M arch.................. 268.2 180.8 ,277.0 237*. 4 174.6 199.5 247.3 219.5 303.6 386.7April----- ----------M ay................... 295.4 180.2 278.7 243.1 185.7 189.9 278.1 238.2 303.6 386.7319.4 165.8 275.3 240.7 178.7 183.5 300.5 247.9 303.6 386.2June---------------- 306.7 180.9 258.6 237.3 183.3 185.1 289.7 243.3 285.0 372.6Ju ly ...................... 285.0 184.4 253.8 232.5 189.5 188.7 276.3 238.1 285.0 356.2August.................. 255.3 185.0 232.7 218.3 188.0 197.7 244.2 221.1 275.1 332.6September_____ 242.8 192.4 211.9 210.2 191.1 203.5 230.8 215.4 261.9 295.3October................ 203.1 176.4 190.6 187.4 186.7 199.2 208.6 201.0 255.6 252.3November........... 181.6 160.7 181.2 173.2 172.5 197.4 196.9 190.3 235.0 224.1December______ 174.4 131.5 161.7 152.2 151.3 176.4 177.5 170.1 232.6 204.2

1921Average for year........ 134.2 107.7 134.2 123.7 134.3 144.7 148.5 144.0 204.7 158.5January................ 171.9 119.2 153.2 143.4 141.7 173.7 168.9 162.3 227.5 171.8February______ 163.4 115.8 134.8 132.8 134.4 160.7 156.9 151.3 226.5 163.6M arch......... .— ‘153.8 120.7 120.5 127.0 142.7 151.9 155.2 151.2 225.4 150.4April__________ 132.8 108.0 117.4 116.6 143.3 145.8 144.0 144.0 209.0 144.7M ay..................... 145.8 104.0 117.7 117.8 137.0 126.8 144.1 139.2 203.6 145.5June__________ 137.9 100.4 115.0 113.7 134.4 123.0 143.0 137.2 198.8 146.0Ju ly ................. . 126.3 112.1 122.3 119.0 135.0 133.7 145.7 140.7 198.8 144.3August..... .......... - 121.2 114.3 132.5 123.1 141.4 146.0 147.8 145.7 198.8 144.3September_____ 124.2 102.3 145.4 124.3 133.4 137.3 148.2 142.3 198.8 164.5October................ 112.7 103.2 150.2 124.3 126.7 148.0 144.8 140.3 191.4 179.0November........... 110.6 95.6 151.1 121.3 123.4 146.3 143.6 138.5 189.2 175.6December....... — i 111.7 93.6 150.2 120.4 120.9 142.7 140.8 135.7 189.2 169.61922Average for year____ 124.2 116.4 153.7 133.3 130.2 132.8 144.2 138.4 180.9 171.7January....... ........ 113.9 100.7 145.7 121.8 118.1 132.6 136.0 130.5 185.6 164.6February............. 131.9 114.9 145.0 130.6 124.3 130.4 141.0 134.7 185.6 160.6M arch.................. 131.8 118.3 140.5 130.0 132.8 126.6 141.7 136.7 185.0 160.9April.....................M ay......... ............ 134.8 115.2 140.0 129.2 134.4 120.9 142.7 136.7 179.1 159.6136.2 116.6 145.6 132.3 138.0 114.5 145.5 138.2 178.9 163.5June___________ 122.4 116.8 149.6 131.4 137.0 115.6 149.5 140.4 178.9 169.3Ju ly ................. . 121.9 122.1 154.3 135.3 136.2 123.7 150.1 141.8 179.1 172.9August.................. 110.1 118.3 152.7 130.8 131.3 128.6 144.7 138.3 179.2 174.5September........... 111.2 122.2 154.6 133.4 131.6 136.8 141.5 137.9 181.2 174.7October................ 120.9 121.1 161.7 137.7 132.8 145.5 142.0 140.0 181.8 179.1November............ 127.9 116.1 176.6 143.3 125.0 153.2 148.7 143.0 181.8 188.4December______ 131.1 116.7 178.3 144.9 123.4 164.6 149.0 144.6 182.4 192.01923Average for year........ 124.5 109.6 178.8 141.1 123.2 152.1 150.9 143.8 183.1 199.1January................ 126.1 112.4 179.1 142.5 120.9 164.2 143.0 140.5 183.0 196.3February.............. 130.6 108.2 180.6 142.4 119.3 159.7 145.8 140.8 183.2 200.4M arch...... ............ 129.0 108.8 182.0 142.9 118.2 157.9 151.2 143.2 183.6 205.2April__________M ay.............. ...... 133.0 106.5 178.5 141.3 119.8 152.5 153.8 144.2 183.6 203.3130.1 106.4 173.7 138.7 122.7 142.6 156.1 144.5 183.6 197.1June........ ............. 122.9 106.9 173.9 137.6 120.6 140.1 153.5 142.0 183.6 192.5July___________ 115.2 110.3 168.3 135.1 125.0 143.2 149.2 141.3 183.6 186.9August..... ............ 117.4 117.3 167.2 138.6 125.8 150.7 145.4 141.6 183.6 184.8September-------- 122.1 119.9 176.8 143.7 132.7 157.8 151.6 147.3 183.1 192.7October................ 128.8 111.4 182.0 143.9 130.3 161.0 153.9 148.5 183.0 197.4November-------- 120.0 103.9 196.8 145.6 121.4 164.1 156.4 148.0 183.0 206.9December______ 117.7 103.7 196.1 144.6 122.9 162.2 152.6 146.9 183.0 215.41924Average for year------ 141.3 112.4 173.6 143.4 129.0 139.5 153.0 144.2 182.1 194.5January................ 121.0 103.8 193.9 144.4 121.3 157.8 149.7 143.2 182.9 211.1February.............. 123.7 105.2 185.8 143.0 119.9 154.9 151.1 143.1 182.9 203.5M arch.................. 120.7 110.4 170.1 137.2 122.9 150.1 147.0 140.8 182.9 195.2April.............. .......M ay...................... 118.4 114.3 170.7 138.5 125.6 136.7 143.4 137.1 182.8 193.5120.1 110.4 168.6 136.4 127.7 130.1 143.7 136.6 182.7 192.5June...................... 126.5 104.9 164.7 134.0 124.2 132.1 142.9 135.6 182.7 194.3July....................... 144.6 109.4 168.8 140.9 124.1 132.8 148.6 138.7 182.7 192.9August.................. 150.3 118.0 168.3 145.3 133.4 134.4 152.9 144.0 181.2 194.8September........... 151.6 116.6 163.7 143.1 135.9 140.0 156.6 147.7 180.9 188.6October................ 162.4 123.5 166.6 149.2 136.8 136.2 164.4 151.6 181.6 188.0November............ 166.8 113.7 174.9 149.5 132.2 145.1 167.8 153.8 182.9 187.7December............. 185.5 118.5 178.7 156.7 135.5 148.7 172.3 157.9 183.6 187.7

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18 WHOLESALE PRICES, 1890 TO 1924Table 6.—INDEX NUMBERS OF WHOLESALE PRICES, BY GROUPS AND SUBGROUPSOF COMMODITIES AND BY MONTHS, 1915 TO 1924—Continued[For explanation of method used in computing these index numbers see pp. 3 and 4. Base: Estimatedvalue in 1913=100]

Year and month

Cloths and clothing— Continued Fuel and lighting Metals and metal prod­ucts

Woolengoods Silks,etc.Allclothsandcloth­ing

Anthra­cite coalBitumi­nouscoal

Other fuel and light­ing

All fuel and light­ingIronandsteel

Non-ferrousmetals

Allmetalsandmetalprod­ucts

102.7 92.0 98.3 99.9 95.1 80.8 87.9 89.2 122.6 99.396.8 84.4 93.9 102.2 97.8 77.7 87.3 81.0 84.5 82.197.4 87.9 94.7 102.3 97.4 74.7 85.5 81.4 95.3 85.699.9 86.1 94.7 102.1 96.5 72.1 83.8 82.6 100.1 87.9101.2 88.5 96.2 93.3 94.8 71.9 81.8 83.4 105.4 90.0101.0 88.5 96.5 94.3 93.5 71.7 81.5 83.8 123.9 96.0101.2 87.3 96.3 96.0 92.1 71.7 81.4 84.0 142.1 101.7102.8 85.4 96.4 97.9 91.9 71.3 81.4 85.7 148.1 104.6103.8 87.3 97.2 100.2 93.8 76.6 85.2 89.1 133.7 102.6104.2 91.1 98.9 101.7 94.5 86.3 91.0 92.5 129.3 103.7105.4 94.1 101.4 102.3 95.0 91.0 93.9 95.4 128.6 105.5108.4 104.0 104.7 102.1 96.8 98.0 98.3 100.6 132.8 110.4109.8 119.2 107.2 101.8 97.3 106.8 103.2 110.3 147.2 121.5132.8 131.3 127.0 105.6 133.1 128.7 126.4 155.0 177.4 161.8115.6 118.8 110.4 103.6 104.6 119.3 112.5 121.2 159.3 133.5120.7 131.4 114.3 103.5 104.3 124.4 115.3 128.6 173.7 142.3124.6 137.1 116.9 103.7 101.6 132.4 119.1 142. 7 186.5 156.0126.3 128.5 118.1 104.0 100.8 135.2 120.4 156.1 183.7 164.5128.7 123.7 120.3 101.6 100.8 134.8 119.8 157.6 190.3 167.5130.1 120.3 121.7 103.4 106.5 135.3 122.0 156.6 180.4 163.8135.8 123.2 124.7 105.0 101.9 135.3 121.0 153.7 169.4 158.5138.3 133.5 128.1 106.9 106.0 130.8 119.9 154.8 16Z 3 157.1139.4 130.2 130.4 108.8 120.2 122.4 119.6 156.8 168.1 160.2140.7 136.8 137.3 109.0 154.0 120.0 128.0 160.1 174.0 164.4144.4 146.4 140.6 109.2 236.3 126.6 155.4 172.5 177.1 173.9149.0 145.8 154.3 109.2 259.3 128.9 163.3 197.4 203.6 199.3194.4 154.2 175.3 113.5 219.4 158.3 168.9 251.2 184.7 231.0152.8 145.8 157.6 109.3 265.2 140.3 171.4 204.3 183.2 197.9159.7 142.0 157.0 109.1 269.3 149.8 177.7 207.9 196.6 204.5162.4 138.2 158.0 109.0 244.0 155.4 173.6 220.6 210.7 217.6171.5 148.0 163.9 100.2 221.1 153.0 164.3 241.6 204.0 230.2178.5 147.5 167.4 109.5 263.2 152.6 177.6 262.0 192.5 240.0190.6 156.3 173.5 111.2 266.9 160.1 183.1 296.9 199.7 267.4195.6 163.3 180.8 114.1 224.5 167.6 175.5 333.7 196.4 292.0212.6 180.0 186.2 115.8 202.0 162.6 166.6 325.3 183.3 282.2215.4 169.3 184.9 119.0 155.0 173.5 159.6 299.4 169.0 259.9220.7 155.4 185.4 119.2 155.0 160.7 152.5 229.6 156.0 207.3231.4 155.7 190.7 119.3 182.9 161.4 161.0 196.9 151.8 183.2241.3 151.6 195.3 125.7 182.9 163.2 163.0 196.1 153.7 183.3265.5 176.0 228.0 131.6 187.0 175.4 169.8 199.5 15a 5 187.1244.1 153.8 201.4 126.3 182.8 166.0 164.5 196.3 153.3 183.3245.9 156.3 205.4 126.2 181.9 166.4 164.4 197.9 153.1 184.3247.8 156.5 211.0 125.6 181.8 168.5 165.3 198.0 151.4 183.8252.4 162.9 220.1 122.1 178.6 172.1 165.7 198.1 150.9 183.8258.4 172.7 226.2 122.8 183.2 175.7 169.1 198.2 153.4 184.6267.3 174.5 232.8 123.3 178:9 177.3 168.6 198.5 152.3 184.5275.7 188.5 237.7 128.6 194.5 177.8 174.8 199.4 164.7 188.9280.4 188.4 238.6 128.7 192.9 179.4 175.1 200.6 167.0 190.4292.1 191.5 244.8 134.2 192.9 179.6 176.0 200.5 166.3 190.1290.3 188.7 245.5 134.2 193.0 179.6 176.0 202.9 165.4 191.5274.3 191.6 241.4 152.1 191.6 180.8 178.8 203.5 163.9 191.5258.6 183.9 233.5 154.7 191.1 181.2 179.2 199.4 158.8 187.1259.4 237.1 252.9 158.6 197.3 182.2 180.5 176.0 130.3 162.1248.8 166.4 220.5 154.7 190.3 180.0 178.3 192.7 135.1 175.2237.7 164.5 210.2 154.7 191.3 179.4 178.3 190.9 121.4 169.8221.8 167.8 203.4 154.0 192.5 178.3 178.0 185.9 111.9 163.4224.3 179.9 204.5 153.9 191.9 177.4 177.4 171.4 112.0 153.3235.2 206.7 216.1 155.4 192.9 177.2 177.9 169.1 115.2 152.7243.8 247.1 242.7 157.7 195.1 178.9 179.8 168.3 122.6 154.4256.8 253.7 261.6 159.2 197.4 179.6 181.1 168.7 139.9 159.9269.5 238.6 276.4 161.3 200.5 182.5 183.9 169.0 145.5 161.9278.1 254.8 283.0 162.9 210.1 184.6 188.4 168.4 142.8 160.7287.8 290.2 290.6 163.0 210.3 185.1 188.8 170.1 142.7 161.8297.9 323.1 304.3 163.3 198.7 190.1 187.6 175.5 1 139.0 164.4309.2 353.0 316.5 163.1 198.6 193.5 189.3 183.0 1 134.1 16a 1

1915Average for year.January........February__M arch..........April.............M ay.............June.............July..............August.........September..October........November..December...1916Average for year.January........February__M arch..........April.............M ay.............June.............July..............August.........September..October........November..December...1917Average for year.January........February__M arch..........April......... ...M ay.............June.............July..............August.........September..October........Novem ber.. December__1918Average for year.January........February__M arch..........April.............M ay.............June.............July..............August.........September..October........November-.. December...1919Average for year.January....... .February___M arch...........April............ .M ay............. .June.............Ju ly ...............August..........September..October.........November..December....

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PRICES OE COMMODITIES 19TABLE 6.—INDEX NUMBERS OF WHOLESALE PRICES, BY GROUPS AND SUBGROUPSOF COMMODITIES AND BY MONTHS, 1915 TO 1924-Continued[For explanation of method used in computing these index numbers see pp. 3 and 4. Base: Estimatedvalue in 1913=1001

Cloths and clothing— Concluded Fuel and lighting Metals and metal prod­ucts

Year and month Woolengoods Silks,etc.Allclothsandcloth­ing

Anthra­cite coalBitumi­nouscoal

Other fuel and light­ingAll fuel and light­ing

IronandsteelNon-ferrousmetals

Allmetalsandmetalprod­ucts1920Average for year........ 300.7 235.4 295.5 182.9 270.9 247.4 241.4 219.3 128.8 191.7January................ 328.9 422.1 339.1 163.2 195.8 205.0 194.4 189.5 142.2 175.2February.............. 335.3 373.0 345.7 163.0 194.6 214.0 198.6 211.2 140.1 189.5March.................. 335.6 350.9 344.1 162.9 194.4 231.5 207.7 222.1 138.8 196.8April.....................M ay...................... 335.9 283.9 336.3 163.9 241.1 246.1 230.7 230.7 139.6 203.0335.9 211.1 327.6 173.6 253.0 252.4 239.3 231.8 134.9 202.3June...................... 329.0 201.2 314.3 182.5 269.6 259.4 249.6 230.4 132.0 200.4July....................... 310.8 159.9 300.0 184.2 297.9 260.0 259.5 232.5 132.9 202.2August.................. 300.7 152.0 285.7 187.0 318.5 263.7 268.5 231.5 134.2 201.9September........... 272.3 179.2 265.9 203.0 342.2 268.3 281.0 230.9 130.2 200.2October................. 257.1 172.6 245.4 203.3 340.4 267.2 279.9 223.2 118.7 191.4November............ 248.6 164.2 226.4 204.4 311.4 254.9 264.2 207.3 105.7 176.4December............. 235.0 155.8 215.0 204.5 290.5 249.1 254.3 188.3 96.5 160.41921Average for year........ 178.8 165.2 179.5 203.8 242.9 177.5 199.4 148.0 85.6 129.0January................ 204.1 158.3 196.1 205.7 274.4 245.0 247.1 180.6 90.7 153.2February.............. 184.4 157.0 188.5 205.7 267.1 206.0 224.5 173.1 88.7 147.4M arch.................. 180.7 160.0 183.3 205.7 254.7 189.3 211.8 164.2 83.3 139.6April.....................M ay...................... 180.2 161.8 176.1 196.1 248.0 183.2 205.0 160.9 85.2 137.8177.8 156.4 173.4 198.4 247.8 173.5 200.2 160.4 88.1 138.4June...................... 177.8 159.6 172.3 200.4 242.8 158.7 191.2 153.9 85.9 133.2Ju ly ..................... 177.1 160.2 171.6 202.9 239.3 149.9 185.8 141.3 84.0 123.8August.................. 176.1 152.8 170.6 204.5 236.4 146.9 183.5 133.3 80.4 117.1September........... 176.1 163.1 178.5 206.6 229.1 146.6 181.3 130.9 81.5 115.8October................. 173.0 165.2 180.4 206.6 227.6 161.6 188.6 129.5 85.2 116.0November............ 169.7 187.4 180.3 206.3 224.9 179.7 197.1 125.8 86.2 113.7December............. 169.3 201.0 179.8 206.5 222.9 183.8 198.6 124.0 88.6 113.21922Average for year........ 183.6 193.5 180.8 205.8 309.7 170.1 217.5 135.1 91.8 122.0January................ 173.7 187.3 176.4 206.2 223.8 176.9 195.3 122.8 88.0 112.2February............. 173.2 180.8 174.1 206.2 221.7 170.9 191.4 120.8 85.2 109.9M arch.................. 172.0 169.0 172.4 206.2 223.1- 169.9 191.4 120.0 84.2 109.1April....................M ay...................... 172.8 174.9 170.9 206.5 224.3 173.1 193.5 124.6 85.4 112.6176.3 192.6 175.0 205.9 278.8 181.9 215.7 131.7 88.7 118.5June...................... 184.3 196.1 179.3 205.9 303.3 185.1 225.4 132.8 91.8 120.3July ...................... 185.8 191.8 180.4 205.9 396.6 186.0 254.3 133.3 92.4 120.8August.................. 184.0 192.4 180. 6 205. 9 472.2 167.5 271.3 140.0 93.8 125.9September........... 184.6 201.7 182.5 204.7 395.1 164.3 244.4 151.0 95.1 134.0October................ 193.3 215.8 187.9 204.8 344.1 161.8 226.4 151.6 97.2 135.0November............ 201.8 207.3 191.9 204.6 327.4 155.9 217.9 147.4 99.0 132.6December......... . 202.9 212.8 194.3 207.2 325.9 151.9 215.6 144.2 100.9 130.91923Average for year........ 210.9 219.0 200.1 212.1 247.8 144.3 185.1 162.0 104.2 144.4January................ 203.3 213.9 196.1 207.3 330.0 154.6 218.5 146.2 104.0 133.3February.............. 205.0 225.0 199.2 207.5 296.9 163.1 212.1 152.1 109.1 139.0M arch...... ............ 206.4 224.7 201.3 207.5 267.5 169.7 205.9 162.3 118.2 148.8April.....................M ay ..................... 216.5 240.8 204.9 207.5 257.3 165.1 200.2 170.4 117.2 154.2217.6 227.6 201.5 207.4 250. 2 149.6 189.8 170.4 109.7 151.8June...................... 217.4 209.3 197.7 207.4 245.7 145.3 186.1 167.0 104.5 147.9Ju ly ...................... 212.8 195.5 193.1 207.4 236.9 142.4 183.0 164.9 100.7 145.3August.................. 211.4 199.6 192.6 207.6 232.0 138.6 178.2 164.4 99.6 144.6September........... 211.3 255.2 201.7 216.2 228.2 133.9 175.8 164.0 99.0 144.1October................ 210.7 217.8 198.7 223.7 219.4 129.4 171.7 162.3 95.3 141.8November............ 210.0 211.8 201.0 223.7 215.9 123.3 167.4 160.6 96.4 141.0December............. 210.0 207.3 203.3 223.2 207.0 119.1 162.2 160.6 98.5 141.61924Average for year........ 208.9 163.1 190.9 222.3 206.2 138.7 170.3 148.9 101.4 134.5January................ 207.1 198.6 200.1 222.9 212.0 128.8 168.9 160.8 99.1 141.9February............. 207.1 186.3 196.0 223.2 212.7 149.4 179.8 160.8 102.2 142.9M arch.................. 208.2 169.2 191.4 223.3 211.5 151.9 180.8 160.1 106.4 143.6April.................... 208.4 155.4 189.1 214.7 207.9 152.5 178.6 155.1 101.6 138.7M ay...................... 208.1 140.1 186.8 217.0 205.8 150.5 177.3 151.1 96.9 134.5June...................... 206.3 141.1 187.2 218.6 204.0 146.1 174.7 148.7 94.8 132.2Ju ly ...................... 205.6 149.5 187.5 221.1 203.6 143.0 173.2 146.2 95.1 130.4August..... ............ 206.1 166.5 189.9 223.4 200.6 137.3 169.7 143.3 101.7 130.4September........... 207.3 154.6 186.5 225.7 201.8 132.8 168.0 140. 5 100.7 128.2October................ 213.8 157.5 188.4 225.6 201.2 121.8 162.1 138.9 101.4 127.2November........... 216.2 167.4 190.4 225.6 200.5 123.7 162.8 138.9 106.1 128.7December............. 217.6 171.2 191.4 227.7 201.5 125.9 164.6 142.8 110.9 132.9

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20 WHOLESALE PRICES, 1890 TO 1924T a b l e 6.—IN D E X NUM BERS OF WHOLESALE PRICES, BY GROUPS AND SUBGROUPS OF COM M ODITIES AND BY MONTHS, 1915 TO 1924—Continued[For explanation of method used in computing these index numbers see pp. 3 and 4. Base: Estimatedvalue in 1913=100]

Building materials Chemicals and drugs

Year and month Lum­ber Brick Struc­turalsteel

Otherbuild­ingmate­rials

AllbuUd-ingmate­rialsChemi­cals

Ferti­lizermate­rials

Drugsandphar­maceu­ticals

Allchemi­calsanddrugs

1915Average for year___ 89.4 99.2 84.7 101.9 94.0 120.8 104.3 193.5 133.7January............... 87.4 97.6 72.8 91.3 88.0 104.4 86.0 136.0 107.8February______ 87.3 97.6 76.1 94.4 89.4 105.0 91.2 167.8 116.2March________ 87.6 97.6 76.1 94.5 89.6 104.9 92.6 176.5 118.3April--------------M ay__________ 87.6 96.0 76.1 96.5 90.3 104.6 96.3 172.0 117.987.3 96.0 79.4 102.5 92.7 103.2 96.6 168.2 116.3June------ --------- 86.8 96.0 79.4 104.9 93.3 102.0 96.5 202.3 123.2July__________ 86.7 100.8 82.8 105.9 94.0 112.7 100.7 203.2 130.4August......... — 87.4 100.8 82.8 103.6 93.5 121.0 103.2 203.1 135.7September_____ 88.4 100.8 92.7 101.1 93.8 135.8 101.4 199.3 143.0October----------- 93.9 102.4 92.7 103.7 97.7 140.4 110.6 214.5 150.9November....... . . 94.8 102.4 99.3 109.0 100.7 148.9 133.1 235.2 164.9December-......... 97.0 102.4 105.9 114.1 104.3 166.6 142.9 243.6 179.01916Average for year___ 102.0 107.7 167.2 137.1 120.3 194.7 137.0 185.0 180.9January............... 100.5 101.1 119.2 120.9 109.6 180.5 145.8 226.2 183.7February......... . 101.5 101.1 129.1 127.6 113.4 217.6 146.0 219.1 203.5March.......... ....... 102.8 101.1 157.2 132.6 118.1 222.7 146.3 217.2 206.1April----- ---------M a y „ ........ ........ 101.9 104.5 173.8 135.3 120.0 221.9 143.7 193.1 199.8101.1 104.5 173.8 137.8 120.5 212.6 138.0 191.8 192.9June____ _____ 99.8 104.5 173.8 138.6 120.1 213.0 135.4 183.1 190.8J u ly . .. ................ 99.3 116.6 173.8 137.4 119.7 189.7 134.3 171.4 175.0August................ 99.8 116.6 173.8 137.4 120.0 166.9 125.7 159.4 156.9September_____ 99.7 116.6 177.1 138.5 120.6 169.8 126.8 157.9 158.5October----------- 103.6 125.5 177.1 141.7 124.1 177.1 131.2 161.2 164.3November........... 105.9 125.5 178.7 144.6 126.5 178.5 133.5 168.4 167.2December........... 107.5 125.5 198.6 153.9 132.3 185.4 138.0 168.8 172.11917Average for year___ 134.6 131.8 247.4 171.5 157.0 208.9 175.9 207.8 202.0January............... 113.1 125.0 215.1 157.1 137.7 184.6 143.2 169.0 172.8February______ 116.4 125.0 215.1 159.6 140.4 183.4 145.4 170.6 172.9March............ . 119.9 125.0 218.4 162.6 143.6 193.0 154.8 173.0 180.8A pril........... .......M ay__________ 133.3 129.0 248.2 167.9 154.9 200.2 155.5 176.1 185.8138.7 129.0 251.5 171.1 159.2 209.2 161.1 185.4 194.3June__________ 142.6 129.0 331.0 174.3 168.5 205.6 173.0 188.5 195.2Ju ly__________ 143.0 133.6 297.9 178.8 168.0 211.9 183.6 207.8 205.3August________ 142.2 133.6 297.9 176.4 166.7 215.1 189.5 220.0 211.1September_____ 143.7 133.6 297.9 175.2 167.0 233.8 190.4 224.1 222.9October----------- 138.3 138.7 198.6 171.9 155.5 226.3 211.0 263.2 231.5November_____ 140.0 138.7 198.6 169.9 155.7 216.1 201.7 258.6 222.6D ecem ber......... 144.4 138.7 198.6 169.8 158.0 226.2 202.1 256.7 228.11918Average for year.___ 155.4 175.8 198.6 189.3 172.0 205.7 212.6 241.8 215.1January----------- 148.0 149.2 198.6 171.5 160.7 218.3 204.1 253.5 223.2February______ 147.6 149.2 198.6 174.0 161.5 221.8 213.3 252.4 226.8March________ 149.3 149.2 198.6 179.1 164.3 222.5 221.4 252.4 228.9April......... ..........M ay.......- ............ 156.6 173.4 198.6 179.8 169.0 222.2 224.7 247.2 228.3156.5 173.4 198.6 183.7 170.4 210.8 224.6 246.5 221.5June.................... 156.8 173.4 198.6 188.9 172.5 199.8 218.8 246.5 204.6July__________ 160.9 187.1 198.6 195.3 177.4 190.7 224.4 241.8 208.8August------------ 160.0 187.1 198.6 200.1 178.7 196.3 225.7 239.5 211.8September_____ 159.9 187.1 198.6 201.7 179.2 202.7 201.1 238.7 210.4October............... 156.2 193.6 198.6 200.2 176.9 205.5 198.0 235.6 210.7N ovem ber-........ 155.5 193.6 198.6 201.5 177.0 202.7 198.5 235.2 209.1December-------- 156.5 193.6 198.6 199.1 176.7 186.2 199.1 210.9 194.31919Average for year........ 210.4 206.3 166.9 195.4 201.4 160.8 182.9 178.7 169.3January............... 158.7 201.7 198.6 193.7 176.0 171.7 194.2 192.2 180.8February............. 158.3 201.7 185.4 188.6 172.8 153.5 189.9 189.3 168.8March......... ........ 158.2 201.7 185.4 184.1 171.1 146.1 183.9 185.1 162.4April........... ........M ay.......... .......... 160.0 204.1 162.2 179.3 168.5 146.0 180.3 175.9 159.61 169.1 204.1 148.9 181.3 173.0 147.8 178.8 177.7 160.7June—......... ........ K 194.5 204.1 148.9 189.2 189.3 152.5 174.5 174.9 161.9July__________ | 221.4 206.5 162.2 200.4 208.7 163.6 168.4 174.1 166.9August................ | 248.8 206.5 162.2 208.9 226.2 164.8 177.5 174.4 169.5September.......... i 256.1 206.5 162.2 206.8 229.2 165.0 179.5 175.1 170.2October............... I 256.8 213.1 162.2 206.0 229.4 168.7 180.7 175.2 172.6November........... I 261.8 213.1 162.2 206.1 232.2 173.5 185.1 174.9 176.2December........... ! 291.9 213.1 162.2 207.3 248.3 176.1 203.7 175.6 181,6

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PRICES OP COMMODITIES 21T a b l e 6 . — IN D E X NUM BERS OF WHOLESALE PRICES, BY GR'OUPS AND SUBGROUPS OF COM M ODITIES AND BY MONTHS, 1915 TO 1924—Continued[For explanation of method used in computing these index numbers see pp. 3 and 4. Base: Estimatedvalue in 1913=100]

Year and month

Building materials Chemicals and drugs

Lum­ber Brick Struc­turalsteelOtherbuild­ingmate­rials

Allbuild­ingmate­rialsChemi­cals

Ferti­lizermate­rials

. Drugs and phar­maceu­ticals

AHchemi­calsanddrugs

1920Average for year........ 307.5 278.9 187.3 218.3 264.1 196.8 214.9 193.2 199.7January............... 334.2 245.0 162.2 213.7 273.6 185.1 208.1 183.7 189.4February—.......... 367.9 254.4 162.2 218.4 293.2 188.4 222.8 186.0 194.8March.................. 373.2 263.0 162.2 221.7 297.4 205.5 223.2 185.2 204.6April....................M ay.................... 365.3 274.1 213.5 227.5 299.7 214.7 221.3 186.4 209.8351.3 282.8 213.5 228.0 292.8 218.9 217.9 192.0 212.8June................. 317.4 287.9 213.5 225.8 274.5 214.8 222.9 190.3 212.4July.................. . 310.0 292.2 205.2 221.9 268.7 208.4 234.5 199.1 211.6August................. 304.7 294.9 183.7 224.1 265.3 205.4 228.6 202.8 209.5September_____ 287.7 293.3 183.7 221.8 255.4 199.2 ' 223.6 205.1 205.4October............... 261.9 290.4 183.7 215.9 239.7 191.0 210.2 203.0 197.5November........... 221.2 286.9 183.7 206.4 214.9 172.6 189.4 197.6 181.5December_____ 208.6 282.8 180.4 195.9 204.0 154.5 174.3 178.8 163.91921 •

Average for year........ 163.5 232.0 135.3 169.0 165.4 127.6. 125.8 165.2 135.6January............... 193.6 271.9 162.2 190.3 192.4 141.9 159.9 177.0 153.3February......... — 176.3 269.4 162.2 181.4 180.0 137.6 153.5 173.8 148.8March.................. 166.8 260.9 152.3 178.0 172.7 131.9 147.1 169.9 143.4April............. .......M ay__________ 158.6 248.4 147.3 175.8 166.9 124.3 132.5 167.0 135.4158.0 236.3 145.7 171.8 164.7 125.9 125.6 163.8 134.2June..................... 156.6 230.3 145.7 170.0 163.1 126.4 118.8 163.1 133.0July...................... 154.2 223.5 139.0 166.6 159.9 122.3 111.7 i 162.3 129.0August................. 151.3 218.5 122.5 163.3 155.7 123.0 111.9 j 161.5 129.1September........... 153.9 208.8 122.5 161.0 155.9 125.2 116.1 161.1 131.3October............... 162.7 207.2 115.9 158.6 159.0 124.8 119.6 159.6 131.5November........... 173.8 205.6 109.3 154.7 162.8 123.8 109.0 160.4 129.0December........... 167.8 203.9 99.3 152.9 J58.2 121.0 105.0 161.4 126.71922Average for year........ 183.4 201.7 114.8 155.9 168.4 112.2 111.6 166.7 124.2January............... 166.2 204.1 99.3 152.9 157.4 115.4 108.0 162.1 124.2February............. 165.2 202.4 99.3 151.4 156.3 112.3 109.8 162.1 122.8March.............. — 163.6 200.4 96.0 150.1 154.6 113.2 117.0 161.7 124.7April............. .......M ay..................... 166.2 199.1 99.3 149.3 155.9 113.4 113.7 161.5 124.1172.3 199.0 105.9 151.6 160.6 112.0 108.2 161.6 122.3June................—- 184.8 199.8 105.9 152.9 167.4 112.0 106.6 161.3 121.8July...................... 187.0 201.1 109.3 154.7 169.6 108.6 112.6 161.5 121.1August................. 190.8 199.6 115.9 155.8 172.4 108.7 113.2 165.1 122.1September........... 197.6 202.3 137.4 161.3 179.7 110.7 112.0 168.5 123.8October............... 203.0 203.8 140.7 162.6 183.3 111.8 106.1 172.9 124.2November........... 205.9 204.7 135.7 163.0 184.6 112.6 111.0 179.9 127.2December........... 208.7 204.3 132.4 162.1 184.7 114.3 118.9 181.1 130.01923Average for year........ 206.5 213.5 160.4 168.8 189.1 118.0 111.4 182.7 131.0January........... — 212.0 204.4 132.4 163.1 187.6 116.7 118.9 I 178.7 130.9February........... 217.6 205.6 139.1 166.8 192.4 117.0 121.1 1 179.3 131.7March________ 224.0 209.7 145.7 170.8 197.8 118.6 123.3 1 190.6 135.5April----- ---------M ay__________ 229.3 213.0 172.2 175.0 204.3 119.2 119.3 i 195.'5 136.1222.7 214.4 173.8 176.3 201.5 118.8 111.6 | 194.1 134.0June__________ 211.6 216.4 168.8 173.1 194.2 116.8 107.5 I 191.1 131.4July__________ 205.7 216.5 165.5 169.8 189.7 116.1 107.0 i 180.2 128.5A ug ust............ 190.8 216.1 165.5 168.1 185.9 115.4 106.3 177.8 127.4September....... — 192.5 216.3 165.5 167.0 181.8 116.3 106.8 176.8 127.8October-..........— 193.5 217.2 165.5 166.9 182.2 118.0 109.1 175.7 129.0November_____ 192.6 217.1 165.5 164.9 181.0 121.4 105.9 174.9 130.2December_____ 187.7 216.2 165.5 164.5 178.3 121.9 102.4 177.4 130.31924Average for year___ 182.9 212.8 148.0 166.9 1/5.1 122.7 98.0' 179.5 130.4January........... — 191.8 215.2 165.5 166.1 181.0 123.0 100.6 182.9 131.8February______ 192.6 214.8 165.5 167.8 182.0 122.3 97.1 183.5 130.9March......... ........ 191.9 214.4 165.5 168.9 182.1 121.5 96.1 182.2 129.9A p ril..-......... .M ay__________ 192.3 214.6 162.2 167.7 181.6 120.8 95.4 178.0 128.4191.1 214.2 157.2 167.0 180.3 119.7 94.3 177.2 127.3June..................... 179.3 214.8 150.6 164.5 172.7 118.3 94.7 177.2 126.6July........... .......... 173.0 212.2 145.7 164.0 168.8 188.9 93.6 ! 176.2 126.5August............ 172.7 211.7 142.4 166.0 169.2 122.4 100.2 ■ 177.4 130.1September.......... 177.2 2U.0 135.7 165.2 170.7 123.3 98.9 ! 178.5 130.6October............... 178.3 211.1 129.1 165.0 170.7 125.4 99.2 179.8 132.2November........... 179.2 210.6 125.8 167.0 171.6 127.2 101.6 181.1 134.0December_____ 184.0 209.6 130.8 168.6 175.1 127.5 104.4 180.8 134.6

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T a b l e a — IN D E X N UM BERS OF W HOLESALE PRICES, BY GROUPS AND SUBGROUPS OF COM M ODITIES AND BY M ONTHS, 1915 TO 1924—Continued[For explanation of method used in computing these index numbers see pp. 3 and 4. Base: Estimated' value in 1913=100.]

22 WHOLESALE PRICES, 1890 TO 1924

House-furnishing goods Miscellaneous

Year and month- Furni­tureFur­nish­ings

Allhouse-furnish­inggoodsCattlefeed Leather Paperandpulp

Othermiscel­laneousAllmiscel­laneous

Allcom­modi­ties

1915Average -.or year____ 100.0 98.9 99.8 107.2 109.2 98.0 87.3 94.7 100.8January............... 100.0 94.6 98.8 109.6 106.7 98.4 95.2 99.0 98.3February............ 100.0 95.7 99.1 114.1 106.1 97.2 85.0 93.4 99.5March.................. 100.0 95.9 99.1 106.9 105.8 98.9 85.0 93.0 98.8April....................M ay.................... 100.0 97.1 99.4 111.3 105.0 97.9 85.5 93.4 99.2100.0 98.9 99.8 105.2 105.4 97.9 85.3 92.8 100.1June..................... 100.0 99.1 99.8 104.6 105.9 97.9 85.8 93.1 99.0July...................... 100.0 100.0 100.1 110.2 108.5 97.5 85.3 93.7 100.4August................ 100.0 99.8 100.0 108.5 109.8 97.5 84.5 93.3 99.9September........... 100.0 100.3 100.1 101.5 111.6 97.5 83.2 92.2 99.5October............... 100.0 100.7 100.2 104.2 112.4 97.5 84.1 93.1 102.4November........... 100.0 101.8 100.5 104.0 116.1 97.4 86.6 95.2 104.2December........... 100.0 102.7 100.7 107.2 116.6 100.7 94.1 100.3 107.71916Average for year........ 102.0 120.7 106.3 114.5 152.5 157.1 101.4 120.8 126.8January........... 100.8 109.1 102.8 109.2 119.8 106.2 108.5 110.2 112.8February............. 100.8 111.7 103.4 110.3 121.7 107.6 98.2 105.0 115.1March.................. 100.9 112.5 103.6 102.0 . 128.6 114.1 100.2 107.7 118.5April....................M ay..................... 101.0" 113.2 103.8 103.9 135.9 121.6 99.6 110.0 121.1101.2! 117.8 105.0 104.5 146.3 129.9 101.3 114.3 122.4June..................... 101.2 119.0 105.3 100.9 150.8 171.5 97.6 119.6 122.6July...................... 102.4 122.4 107.0 101.2 151.5 171.5 98.4 120.1 123.2August................. 102.4 122.5 107.1 107.5 149.9 177.6 98.2 121.4 126.3September........... 102.4 123.1 107.3 116.6 151.7 182.3 98.6 123.5 129.6October............... 102.5 128.5 108.5 130.4 162.2 197.4 103.5 132.0 135.6November........... 104.3 134.5 111.3 145.5 190.4 197.4 104.2 138.6 145.6December...........1917

104.3 135.0 111.4 141.5 220.4 207.8 108.1 147.4 148.8Average for year........ 114.2 162.7 . 125.4 170.0 201.2 197.9 114.0 148.3 177.2January............... 111.8 140.3 118.5 149.2 220.3 209.4 108.4 148.5 152.9February............ 111.8 141.0 118.6 158.7 218.4 214.6 108.2 149.8 156.8March.................. 111.8 147.3 120.1 165.7 215.0 208.2 112.6 151.4 162.4April....................M ay..................... 111.9 151.8 121.1 179.4 212.7 214.0 113.0 153.4 172.9111.9 152.8 121.4 167.6 201.3 214.7 114.1 151.1 182.6June..................... 111.9 160.4 123.2 152.4 197.9 214.7 121.3 153.2 185.5July...................... 116.6 172.1 129.4 181.0 192.9 204.4 121.1 153.0 187.6August................. 116.6 172.1 129.4 176.9 192.6 204.4 116.7 150.1 189.4September.......... 116.6 174.8 130.1 164.1 189.6 200.3 115.7 147.2 187.1October............... 116.6 174.9 130.1 171.1 189.8 170.8 114.5 142.3 182.7November........... 116.6 179.9 131.2 182.4 192.2 163.0 111.1 140.5 183.1December............ 116.6 186.1 132.7 199.6 191.9 155.7 110.4 140.3 182.4

1918Average for year........ 131.2 223.6 152.5 175.5 193.5 181.3 134.3 156.3 194.3January............... 121.2 191.1 137.4 181.0 189.5 154.0 122.9 145.0 184.3February............ 121.2 193.3 138.0 181.2 187.8 154.0 123.6 145.1 185.7M arch................. 121.5 203.2 140.4 178.7 185.9 155.9 126.6 146.6 186.6April....................M ay..................... 123.2 211.8 143.8 177.9 188.5 162.8 133.7 152.2 190.0123.3 221.0 145.9 174.0 192.3 168.4 136.6 155.1 190.1June..................... 131.1 222.5 152.3 174.2 196.8 181.2 140.4 160.2 191.4Ju ly ...................... 137.8 228.3 158.8 157.3 200.3 185.3 139.2 159.2 196.1August................. 138.7 236.6 161.4 168.1 197.1 188.3 139.1 160.1 199.7September........... 138.9 243.2 163.1 175.1 196.3 193.5 138.2 161.0 2010October............... 138.9 245.8 163.7 174.1 195.6 208.6 138.1 163.3 201.9November.......... 138.9 245.0 163.5 173.0 195.5 215.3 137.8 164.1 202.9December........... 339.0 244.2 163.4 194.1 195.0 206.2 135.5 163.1 202.21919Average for year........ 164.7 246.3 183.6 221.6 268.1 195.7 132.1 174.7 206.4January............... 146.6 236.5 167.4 231.5 196.8 204.9 133.9 165.7 198.8February............. 146.6 228.1 165.5 204.4 201.4 205.0 132.3 163.2 193.4March.................. 146.6 222.3 164.1 201.0 201.7 197.0 131.2 160.9 195.9April....................M ay..................... 151.2 219.2 167.0 206.4 202.4 194.0 129.4 160.2 198.7151.2 224.9 168.3 211.1 213.0 191.1 128.8 161.5 202.2June__ '.............. 161.7 238.8 179.6 203.3 247.9 189.4 129.8 167.1 202.8July...................... 164.7 244.7 183.3 227.5 285.9 189.8 132.0 177.2 212.0August................. 168.3 252.2 187.8 249.9 329.4 194.4 131.6 187.4 215.9September........... 169.5 258.0 190.1 240.9 341.2 195.4 131.9 189.0 210.3October............... 169.6 273.7 193.8 220.9 330.5 195.4 135.1 187.1 211.3November........... 198.6 278.8 217.2 228.3 333.6 195.4 135.4 188.5 217.1December............ 202.6 287.0 222.2 233.4 330.6 195.4 135.5 188.5 223.4

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PRICES OF COMMODITIES 23T able 6.—INDEX NUMBERS OF WHOLESALE PRICES, BY GROUPS AND SUBGROUPSOF COMMODITIES AND BY MONTHS, 1915 TO 1924—Continued[For explanation of method used in computing these index numbers see pp. 3 and 4. Base: Estimatedvalue in 1913=100.]

House-furnishing goods Miscellaneous

Year and month Furni­tureFur­nish­ings

Allhouse-furnish­inggoodsCattlefeed Leather Paperandpulp

Othermiscel­laneousAllmiscel­laneous

Allcom­modi­ties

1920Average for year........ 236.7 311.3 253.8 222.2 266.8 296.0 139.6 195.5 226.2January............... 220.3 302.4 239.3 235.6 329.1 208.9 140.7 193.7 233.2February............. 220.3 315.1 242.3 240.7 328.9 219.0 142.9 197.0 232.4March___............. 220.3 315.1 242.3 250.3 328.8 234.9 142.2 200.2 234.4April....................M ay..................... 220.4 315.0 242.4 257.7 317.7 272.8 143.5 206.0 244.6222.4 329.2 247.3 267.5 305.3 293.9 142.7 207.8 246.7June..................... 223.8 328.1 248.0 263.5 273.7 304.6 144.5 204.8 243.3July...................... 258.9 327.0 274.6 247.6 254.4 326.7 142.8 202.7 240.7August................. 258.9 324.7 274.1 230.4 241.5 336.7 140.3 199.2 231.4September........... 258.9 318.8 272.7 211.3 229.7 340.9 137.7 194.6 226.2October............... 258.9 312.9 271.4 168.9 217.7 341.8 136.3 188.0 211.3November.......... 251.1 288.0 259.6 156.4 193.1 336.6 131.0 178.6 196.4December............ 228.7 284.8 241.7 133.0 177.5 300.4 128.8 166.5 179.21921Average for year........ 181.2 241.4 195.1 105.4 156.1 189.5 105.3 128.1 146.9January............... 201.9 268.8 217.5 128.3 168.6 245.9 127.4 154.5 169.8February............ 201.7 266.6 216.8 114.1 164.6 228.1 123.6 147.3 160.1March.................. 201.5 265.4 216.4 114.4 159.7 209.1 116.4 139.2 155.4April....................M ay..................... 201.4 265.1 216.2 94.2 157.1 195.2 107.5 129.5 147.9200.7 235.8 208.8 96.8 152.6 202.0 99.3 125.6 145.5June..................... 185.3 232.3 196.2 99.0 155.3 196.3 98.0 124.6 141.6July...................... 164.0 232.1 179.9 94.7 153.3 190.4 97.6 122.6 141.0August................. 163.9 230.7 179.5 101.3 152.4 170.1 96.6 119.0 141.5September........... 163.9 230.6 179.5 98.1 153.4 166.2 96.1 118.0 141.5October............... 163.8 232.6 179.8 97.2 153.7 161.0 98.6 118.5 141.6November........... 164.0 224.7 178.2 103.6 150.5 158.4 100.3 119.0 140.7December........... 164.0 225.8 178.4 124.8 150.5 154.6 101.0 120.7 139.81922Average for year........ 163.1 218.5 175.8 127.9 145.5 155.0 96.3 117.5 148.8January_______ 163.9 223.2 177.7 123.0 147.0 151.4 96.1 116.7 138.3February______ 163.8 221.2 177.1 138.5 146.3 151.1 94.3 116.9 141.4March.................. 162.8 217.3 175.4 143.3 143.4 151.1 94.3 116.8 142.2

April........... ........M ay................... . 163.6 213.4 175.2 136.6 140.0 151.1 94.9 115.9 142.6163.6 215.0 175.6 136.4 136.4 151.7 95.1 115.5 147.6June___ ______ 163.6 214.8 175.5 120.9 138.0 152.9 94.7 114.4 149.6July..................... 160.0 215.4 172.9 116.1 139.7 152.9 94.9 114.3 154.9August................. 160.0 215.7 172.9 110.5 144.6 155.0 95.1 115.1 155.0September........... 160.0 215.8 172.9 107.5 148.7 156.6 94.8 115.6 153.3October............... 162.4 222.7 176.4 126.1 154.0 160.3 96.3 119.8 154.1November_____ 165.1 224.3 178.9 136.9 152.8 162.2 97.5 121.5 155.5December............ 168.3 225.8 181.7 142.4 152.8 163.0 98.0 122.5 156.2

1923Average for year........ 165.7 240.8 183.1 142.5 144.5 168.4 99.4 122.7 153.7January............... 168.6 235.2 184.1 149.1 148.1 163.4 101.2 124.1 155.8February............ 168.6 236.1 184.3 152.3 148.3 163.1 104.1 126.0 156.7March.................. 168.6 237.4 184.7 151.4 149.7 164.1 104.7 126.7 158.6April.................... 169.2 243.7 186.6 147.1 149.7 166.9 104 0 126.4 158.7M ay.................... 169.2 244.0 186.6 149.5 148.8 171.7 100.2 125.1 156.2June..................... 169.6 243.8 186.9 131.5 145.8 172.9 99.1 122.5 153.5July......... ........... 170.0 241.7 186.7 122.6 145.9 172.9 97.2 120.7 150.6August................ 164.7 241.7 182.7 132.2 142.8 172.4 96.0 120.2 150.1September........... 164.7 241.3 182.6 145.2 141.4 170.7 96.0 120.9 153.7October............... 164.7 241.8 182.7 147.2 139.7 170.6 94.2 119.7 153.1November........... 156.0 241.9 176.0 143.3 137.7 167.3 93.4 118.1 152.1December.......... 156.0 243.5 176.4 138.5 134.6 163.7 93.4 116.4 151.01924Average for year....... 153.2 237.2 172.8 130.9 137.4 167.8 93.1 116.7 149.7January............... 155.1 243.7 175.8 139.7 135.3 162.0 93.8 116.6 151.2February............. 155.1 243.8 175.9 131.5 137.0 162.3 89.3 113.5 151.7March.................. 153.7 243.6 174.8 124.2 138.1 162.3 88.7 112.9 149.9April....................M ay............. ....... 153.7 243.0 174.7 117.2 138.0 167.0 88.5 112.9 148.4153.7 234.1 172.5 108.3 137.6 168.1 88.7 112.3 146.9

June..................... 153.3 232.5 171.8 109.6 131.6 167.7 88.3 111.1 144.6Ju ly ................ 152.5 231.0 170.8 130.9 131.2 164.7 88.2 112.4 147.0August________ 152.5 231.6 171.0 136.1 136.3 165.0 90.3 115.0 149.7September.......... 152. 5 232.1 171.1 132.6 136.7 167.3 91.6 115.8 148.8October........... 152.5 231.7 171.0 139.1 138.2 168.4 96.9 119.8 151.9November........... 152.5 236.1 172.0 138.1 141.9 170.7 100.6 122.9 152.7December........... 152.5 237.7 172.4 152.0 145.9 186.8 102.4 128.6 157.0

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- 35Q850825300275

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too>Chart 3a

400375350325300275250225200175

150

125

100

75

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WHOLESALE PRICES, 1890 TO 1924

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28 WHOLESALE PRICES, 1890 TO 1924Metals and metal products (Chart 3a), after slumping in 1914 following the outbreak of the war, began to recover early in the next year, due to a readjustment of business and the receipt of large orders for materials from the warring countries. In 1916 and the first half of 1917 prices of metals continued steeply upward, reaching their crest in July of the latter year. At this time prices had increased 192 per cent over the average of 1913. With the inauguration of price control following the entry of the United States into the war, prices declined rapidly, being only 83 per cent above the 1913 aver­age at the end of 1917. During most of 1918 prices in this group advanced slowly, but declined again in the first half of 1919. A reaction took place in the second half of 1919, which continued into the spring and summer of 1920. After this prices again slowly sub­sided to March, 1922, when they were only 9 per cent higher than in 1913. By the end of the year they had risen again to 31 per cent above the pre-war level, continuing to 54 per cent above the pre-war level in April, 1923, and subsiding to 42 per cent above that level at the close of the year. Further recessions took place in 1924. The curve for building materials (Chart 3a) shows a depression in 1915, but a steep upward trend therafter. With the resumption of building operations enormous increases took place in the group during 1919 and 1920, the price level in the spring of 1920 being three times the 1913 level. Like other commodities, building materials fell sharply in price in 1921, with a tendency toward recovery late in the year and strong advances in 1922 and 1923, weakening somewhat in 1924.Chart 4a shows that the peak of prices for chemicals and drugs was reached in the fall of 1917, since which time prices have declined, though with an upward swing in 1920, followed by a downward swing in 1921 and 1922, and an upward swing again in 1923 and 1924. House-furnishing goods (Chart 4a) varied but little in price in 1915, but increased steadily in the next five years. In July, 1920, prices were 275 per cent of the 1913 level. Steady recessions were recorded in this group during 1921 and most of 1922 with a reaction in the first half of 1923 and a decline thereafter. In the group designated as miscellaneous, shown in Table 6 but not charted, which is composed of cattle feed, leather, paper, wood pulp, and other commodities not falling under the other group designations adopted, prices fluctuated below the pre-war level during 1915. From 1916 to the spring of 1920 prices as a whole advanced, with temporary setbacks in certain months. After May, 1920, a steady decline set in which continued through 1923 and the first half of 1924, with a tendency to react in the second half of 1924.In order that the price fluctuations of commodities in their raw state may be compared with the price fluctuations of such com­modities after being converted into manufactures, the following tables and charts, covering the years from 1890 to 1924 and the months from January, 1915, to December, 1924, have been constructed. In this presentation the index numbers are computed in the one case from the prices of 20 important raw materials, representing 27 price series, and in the other case from the prices of 70 articles either manufactured directly from or closely akin to those same 20 raw materials.The list of raw and manufactured commodities, arranged in pairs, is as follows; Cattle (2 quotations) and beef products (3 quotations);

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PRICES OF COMMODITIES 29

copper ingots and copper wire; corn and corn meal (2 quotations); cotton and cotton textiles (21 quotations); flaxseed and linseed oil; hides and leather (4 quotations); nogs (2 quotations) and hog products (5 quotations); manna hemp and rope; milk and milk products (but­ter, 2 quotations, cheese, 1 quotation); crude petroleum and refined petroleum (2 quotations); pig iron (4 quotations) and iron products (6 quotations); pig lead and lead pipe; pig tin and tin plate; rye and rye flour; sheep (2 quotations) and mutton; slab zmc and sheet zinc; raw sugar and granulated sugar; sulphur and sulphuric acid; wheat and wneat flour (2 quotations); wool (2 quotations) and woolen textiles (11 quotations).T a b l e 7.—WHOLESALE PJUCE INDEXES OF ID EN TICA L COM M ODITIES IN RAW AND M ANUFACTURED STATE, 1890 TO 1924[For explanation of method used in computing these index numbers see pp. 3 and 4. Base: Estimatedvalue in 1913=100]

Year

Raw commodities (27 price series)Manufactured com­modities (70 price series)

All commodities (97 price series)

Indexnumber

Per cent of in­crease (+) or de­crease (—) compared with pre­ceding year

Indexnumber

Per cent of in­crease (+) or de­crease (—) compared with pre­ceding year

Indexnumber

Per cent of in­crease (+) or de­crease (—) compared with pre­ceding year

1890........................................................ 69.3 86.6 76.11891......................................................... 68.3 -1 .4 85.6 -1 .2 75.1 -1 .31892....................................................... 62.0 -9 .2 81.5 -4 .8 69.7 -7 .21893......................................... .............. 64.2 +3.5 83.2 +2.1 71.7 +2.91894....................................... ................ 56.8 -11.5 72.4 -13.0 63.0 -12.11895........................................................ 60.5 +6.5 72.5 +0.1 65.2 +3.51896......... ........................................... . 56.2 -7 .1 70.1 -3 .3 61.7 -5 .41897......................................................... 57.2 +1.8 71.2 +1.6 62.7 +1.61898....................................................... 61.2 +7.0 73.6 +3.4 66.1 +5.41899......................................................... 67.4 +10.1 78.5 +6.7 71.7 +8.51900........................................................ 72.8 +8.0 83.0 +5.7 76.8 +7.11901___ _______________ ______ 72.2 -0 .8 81.5 -1 .8 75.8 -1 .31902........................................................ 77.1 +6.8 86.9 +6.6 81.0 +6.91903.............................................. ......... 76.5 -0 .8 85.9 -1 .2 80.2 -1 .01904......................................................... 79.1 +3.4 86.2 +0.3 81.9 +2.11905......................................................... 78.2 -1 .1 88.5 +2.7 82.3 +0.51906....................................................... . 81.3 +4.0 87.5 -1 .1 83.7 +1.71907..................................................... . 86.6 +6.5 94.2 +7.7 89.6 +7.01908..................................................... . 83.7 -3 .4 92.8 -1 .5 87.3 -2 .61909......................................................... 91.1 +8.8 97.8 +5.4 93.7 +7.31910......................................................... 95.4 +4.7 101.4 +3.7 97.8 +4.41911......................................................... 86.3 -9 .5 92.9 -8 .4 88.9 -9 .11912......................................................... 95.1 +10.2 99.7 +7.3 96.9 +9.01913......................................................... 100.0 +5.2 100.0 +0.3 100.0 +3.21914......................................................... 98.7 -1 .3 101.0 +1.0 99.6 -0 .41915......................................................... 101.0 +2.3 105.9 +4.9 102.9 +3.31916........................................................ 125.4 +24.2 131.0 +23.7 127.6 +24.01917......................................................... 184.0 +46.7 182.1 +39.0 183.3 +43.71918....................... ............................... 208.0 +13.0 202.6 +11.3 205.9 +12.31919........................................................ 216.0 +3.8 214.6 +5.9 215.4 +4.61920........................................................ 220.3 ! +2.0 233.2 +8.7 225.3 +4.61921......................................................... 121.2 ; -45.0 147.7 -36.7 131.6 -41.61922......................................................... 130.0 i +7.3 139.1 -5 .8 133.5 +1.41923......................................................... 138.2 i +6.3 148.1 +6.5 142.0 +6.41924......................................................... 139.1 ! +0.7 148.2 +0.1 142.6 +0.4

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30 WHOLESALE PRICES, 1890 TO 1924T a b l e 8 —WHOLESALE PRICE INDEXES OF IDENTICAL COMMODITIES IN RAW AND MANUFACTURED STATE, 1915 TO 1924, BY MONTHS[For explanation of method used in computing these index numbers, see pp. 3 and 4. Base: Estimatedvalue in 1913=100]

R a w c o m m o d i t i e s ( 2 7 p r i c e s e r i e s )

M a n u f a c t u r e d c o m ­m o d i t i e s ( 7 0 p r i c e s e r i e s )

A l l c o m m o d i t i e s ( 9 7 p r i c e s e r i e s )

Y e a r a n d m o n t hI n d e x

n u m b e r

P e r c e n t o f i n ­

c r e a s e ( + ) o r d e ­

c r e a s e ( — ) c o m p a r e d w i t h p r e ­

c e d i n g m o n t h

I n d e xn u m b e r

P e r c e n t o f i n ­

c r e a s e ( + ) o r d e ­

c r e a s e ( — ) c o m p a r e d w i t h p r e ­

c e d i n g m o n t h

I n d e xn u m b e r

P e r c e n t o f i n ­

c r e a s e ( + ) o r d e ­

c r e a s e ( — ) c o m p a r e d w i t h p r e ­

c e d i n g m o n t h

1 9 1 5J a n u a r y __________________________________ 9 5 . 9 + 2 . 6 1 0 4 .8 + 1 . 7 9 9 . 4 + 2 . 2F e b r u a r y - ________________________________ 9 9 . 5 + 3 . 8 1 0 7 .8 + 2 . 9 1 0 2 .8 + 3 . 4M a r c h ________________________________________ 9 9 . 5 ( 6) 1 0 5 .6 - 2 . 1 1 0 2 .0 - 0 . 8A p r i l ____________________________________________ 1 0 0 .1 + 0 . 6 1 0 6 .8 + 1 . 1 1 0 2 .8 + 0 8M a y ______________________________ __________ 1 0 1 .8 + 1 . 7 1 0 9 .1 + 2 . 2 1 0 4 .7 + 1 . 8J u n e ___________________ _________________________ 1 0 1 .0 - 0 . 8 1 0 5 .9 - 2 . 9 1 0 3 .0 - 1 . 6J u l y _____________________________________________ 1 0 3 .4 + 2 . 4 1 0 7 .1 + 1 . 1 1 0 4 .9 + 1 . 8A u g u s t ------------- ------------ ------------------------------------ 9 9 8 - 3 . 5 1 0 3 .5 - 3 . 4 1 0 1 .3 - 3 . 4S e p t e m b e r _________________________________ 9 9 . 9 + 0 1 1 0 0 .4 - 3 . 0 1 0 0 .1 - 1 . 2O c t o b e r ________________________________________ 1 0 2 .7 + 2 . 8 1 0 2 .6 + 2 . 2 1 0 2 .7 + 2 . 6N o v e m b e r _________________________________ 1 0 1 .9 - 0 . 8 1 0 6 .0 + 3 . 3 1 0 3 .6 + 0 . 9D e c e m b e r . . ------------------ ---------------------------------- 1 0 5 .9 + 3 . 9 H O . 6 + 4 . 3 1 0 7 .8 + 4 . 1

1 9 1 6J a n u a r y ____________________ ___________________ 1 1 0 .7 + 4 . 5 1 1 4 .1 + 3 . 2 1 1 2 .1 + 4 . 0F e b r u a r y _ ____________________ ________ 1 1 3 .7 + 2 . 7 1 1 7 .4 + 2 . 9 1 1 5 .2 + 2 . 8M a r c h __________________________________________ 1 1 7 .5 + 3 . 3 1 2 1 .7 + 3 . 7 1 1 9 .1 + 3 . 4A p r i l ____________________________________________ 1 1 9 .6 + 1 . 8 1 2 5 .2 + 2 . 9 1 2 1 .8 + 2 . 3M a y ___________________________________________ 1 2 1 .5 + 1 . 6 1 2 6 .6 + 1 . 1 1 2 3 .6 + 1 . 5J u n e . _______________________ ____________ 1 2 0 .4 - 0 . 9 1 2 7 .6 + 0 . 8 1 2 3 .3 - 0 . 3J u l y _____________________________________________ 1 2 1 .6 + 1 . 0 1 2 7 .9 + 0 . 2 1 2 4 .1 + 0 . 6A u g u s t _________________________________________ 1 2 6 .1 + 3 . 7 1 3 2 .8 + 3 . 8 1 2 8 .8 + 3 . 8S e p t e m b e r ________________________ ________ 1 3 0 .0 + 3 . 1 1 3 6 .2 + 2 . 6 1 3 2 .5 + 2 . 9O c t o b e r __________________________ __________ 1 3 6 .9 + 5 . 3 1 4 1 .8 + 4 . 1 1 3 8 .8 + 4 . 8N o v e m b e r - --------- -------------------------------------- 1 4 3 .9 + 5 . 1 1 4 9 .9 + 5 . 7 1 4 6 .2 + 5 . 3D e c e m b e r ____________________________________ 1 4 3 .5 - 0 . 3 1 4 9 .0 - 0 . 6 1 4 5 .7 - 0 . 4

1 9 1 7J a n u a r y __________ _______ ___________________ 1 4 7 .7 + 2 . 9 1 5 2 .4 + 2 . 3 1 4 9 .6 + 2 . 7F e b r u a r y _ ----------------------------------------- 1 5 2 .5 + 3 . 2 1 5 6 .2 + 2 . 5 1 5 4 .0 + 2 . 9M a r c h __________________________________________ 1 6 4 .6 + 7 . 9 1 6 3 .1 + 4 . 4 1 6 4 .0 + 6 . 5A p r i l ____________________________________________ 1 7 6 .0 + 6 . 9 1 7 8 .8 + 9 . 6 1 7 7 .1 + 8 . 0M a y ___________________________________________ 1 8 7 .7 + 6 . 6 1 9 2 .7 + 7 . 8 1 8 9 .7 + 7 . 1J u n e ................ .................................................. ................... 1 9 0 .9 + 1 . 7 1 9 0 .5 - 1 . 2 1 9 0 .7 + 0 . 5J u l y -------------------------------- ---------- ------------------------- 1 9 3 .0 + 1 . 1 1 9 0 .7 + 0 . 1 1 9 2 .1 + 0 . 7A u g u s t - . . --------- ---------------------------------------------- 1 9 9 .3 + 3 . 3 1 9 5 .4 + 2 . 5 1 9 7 .8 + 3 . 0S e p t e m b e r ____________________________________ 1 9 8 .9 - 0 . 2 1 9 2 .7 - 1 . 4 1 9 6 .5 - 0 . 7O c t o b e r ------------------------ ------------ -------------------- 2 0 0 .4 + 0 . 8 1 9 0 .3 - 1 . 3 1 9 6 .5 (* )N o v e m b e r _ ----------- ----------------------------------- 2 0 1 .8 + 0 . 7 1 8 8 .4 - 1 . 0 1 9 6 .5 (« )D e c e m b e r _____________________________________ 1 9 5 .7 - 3 . 0 1 9 2 . 4 + 2 . 1 1 9 4 .4 - 1 . 1

1 9 1 8J a n u a r y ___________ ____________ _________ _____ 1 9 9 .0 + 1 . 7 1 9 2 .3 - 0 . 1 1 9 6 .4 + 1 . 0F e b r u a r y . ----------- ------------------------------------------ 1 9 9 .8 + 0 . 4 1 9 4 .6 + 1 . 2 1 9 7 .8 + 0 . 7M a r c h _________ _______________ ________ ________ 2 0 3 .4 + 1 . 8 1 9 5 .1 + 0 . 3 2 0 0 . 2 + 1 . 2A p r i l ____________________________________________ 2 0 3 .4 ( 8) 2 0 0 . 6 + 2 . 8 2 0 2 . 3 + 1 . 0M a y ____________________________________________ 2 0 2 .2 - 0 . 6 2 0 0 . 4 - 0 . 1 2 0 1 . 5 - 0 . 4J u n e ---------------------- ------------------------- ---------- -------- 2 0 1 .5 - 0 . 4 2 0 2 . 6 + 1 . 1 2 0 1 . 9 + 0 . 2J u l y ----------------------------- -------------------------------------- 2 0 7 .3 + 2 . 9 2 0 4 .3 + 0 . 8 2 0 6 .1 + 2 . 1A u g u s t _________________________________________ 2 1 6 .7 + 4 . 5 2 0 3 . 6 - 0 . 4 2 1 1 . 5 + 2 . 3S e p t e m b e r _________________ _________ ________ 2 2 0 .3 + 1 . 7 2 1 0 . 0 + 3 . 1 2 1 6 .3 + 2 . 3O c t o b e r _________________________________ _______ 2 1 3 .7 - 3 . 0 2 0 7 . 3 - 1 . 3 2 1 1 . 2 - 2 . 4N o v e m b e r ____________________________________ 2 1 1 .5 - 1 . 0 2 1 0 . 9 + 1 . 7 2 1 1 . 2 ( 6)D e c e m b e r __________ __________________________ 2 1 3 . 0 + 0 . 7 2 1 3 . 9 + 1 . 4 2 1 3 .3 + 1 . 0

1 9 1 9J a n u a r y . ................................ ................ — ................. 2 0 8 .2 - 2 . 3 2 0 8 . 0 - 2 . 8 2 0 8 .1 - 2 . 4F e b r u a r y ............................................................................ 2 0 2 .2 - 2 . 9 2 0 1 . 6 - 3 . 1 2 0 1 . 9 - 3 . 0M a r c h _________________________________________ 2 0 7 .9 + 2 . 8 2 0 5 .5 + 1 . 9 2 0 6 . 9 + 2 . 5A p r i l ______________________________________ _____ 2 1 3 .9 + 2 . 9 2 1 0 . 8 + 2 . 6 2 1 2 .6 + 2 . 8M a y ____________________________________________ 2 1 6 .7 + 1 . 3 i 2 1 3 . 6 + 1 . 3 2 1 5 .4 + 1 . 3J u n e __________________________________ ________ 2 1 2 . 8 - 1 . 9 i 2 i i . i - 1 . 2 2 1 2 .1 - 1 . 5J u l y - .................................. ......................... ......................... 2 2 6 . 0 + 6 . 2 | 2 1 7 .9 + 3 . 2 2 2 2 . 8 + 5 . 0A u g u s t ____ ________ ____________________________ 2 2 4 . 0 - 0 . 9 : 2 2 0 . 9 + 1 . 4 2 2 2 . 8 ( 6)S e p t e m b e r ____________________________________ 2 1 2 .6 - 5 . 1 i 2 1 3 .9 - 3 . 2 2 1 3 .1 - 4 . 4O c t o b e r _____________ _________ ________________ 2 1 3 .4 + 0 . 4 2 1 5 . 7 + 0 . 8 2 1 4 .3 + 0 . 6N o v e m b e r .............................. ................................. .. 2 2 2 .7 + 4 . 3 i 2 2 1 . 9 + 2 . 9 2 2 2 .3 + 3 . 7D e c e m b e r ........................................................................... 2 2 8 .9 + 2 . 8 I 2 3 1 . 3 + 4 . 2 2 2 9 . 8 + 3 . 4

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PRICES OF COMMODITIES 31

[For explanation of method used in computing these index numbers, see pp. 3 and 4. Base: Estimated # value in 1913=100]

T able 8 —WHOLESALE PRICE INDEXES OF IDENTICAL COMMODITIES IN RAW ANDMANUFACTURED STATE, 1915 TO 1924, BY MONTHS—Continued

Raw commodities (27 price series)Manufactured com­modities (70 price series)

All commodities (97 price series)

Year and monthIndexnumber

Per cent of in­crease (+) or de­crease (—) compared with pre­ceding month

Indexnumber

Per cent of in­crease (+) or de­crease (—) compared with pre­ceding month

Indexnumber

Per cent of in­crease (+) or de­crease (—) compared with pre­ceding month1920January................................................. 235.7 +3.0 242.5 +4.8 238.3 +3.7February............................................... 227.5 -3 .5 240.4 -0 .9 232.5 -2 .4M arch ................................................... 233.5 +2.6 239.6 -0 .3 235.9 +1.5April...................................................... 242.9 +4.0 256.9 +7.2 248.3 +5. 3M ay....................................................... 244.8 +0.8 261.2 +1.7 251.2 +1.2June.................................................... - 241.9 -1 .2 256.9 -1 .7 247.7 -1 .4Ju ly ........................................................ 238.4 -1 .5 248.4 -3 .3 242.3 -2 .2August................................................... 227.1 -4 .7 236.2 -4 .9 230.6 -4 .8September.................... ....................... 219.4 -3 .4 229.7 -2 .8 223.4 -3 .1October.................................................. 196.4 -10.5 212.4 -7 .5 202.6 -9 .3November............................................. 178.0 -9 .4 195.5 -8 .0 184.9 -8 .7December.......................................... . 157.8 -11.4 177.4 -9 .3 165.5 -10 .51921January.................................................. 151.6 -3 .9 169.6 -4 .4 158.6 -4 .2February............................................... 133.1 -12.2 159.9 -5 .7 143.6 -9 .5March.................................................... 123.0 -7 .8 160.9 +0.6 137.9 -4 .0April...................................................M ay....................................................... 116.0 -5 .7 153.6 -4 .5 130.8 -5 .2118.9 +2.5 145.5 -5 .3 129.3 -1 .2June....................................................... 109.5 -7 .9 144.1 -1 .0 123.0 -4 .9J u l y . . . .................................................. 110.5 +0.9 144.6 +0.3 123.8 +0.7August................................................... 113.6 +2.8 143.0 -0 .9 125.1 +1.1September............................................. 115.8 +1.9 141.0 -1 .4 125.7 +0.5October.................................................. 120.8 +4.3 137.6 -2 .4 127.4 +1.4November............................................. 121.0 +0.2 135.5 -1 .5 126.7 -0 .6December.............................................. 121.3 +0.2 134.2 -1 .0 126.4 -0 .21922January.................................................. 119.1 -1 .8 129.1 -3 .8 123.0 -2 .7February. ............................................. 126.0 +5.8 134.6 +4.3 129.4 +5.2March.................................................... 125.5 -0 .4 137.4 -2 .1 130.1 +0.5April........................................ .............M ay.................. .................................... 124.5 -0 .8 136.8 -0 .4 129.3 -0 .6127.6 +2.5 139.2 +1.8 132.1 +2.2June....................................................... 128.9 +1.0 140.1 +0.6 133.3 +0.9J u l y . . . .................................................. 133.5 +3.6 142.2 +1.5 136.9 +2.7August..... ............................................. 130.7 -2 .1 136.8 -3 .8 133.1 -2 .8September............................................. 132.3 +1.2 137.0 +0.1 134.2 +0.8October.................................................. 135.1 +2.1 142.2 +3.8 137.9 +2.8November............................................. 137.3 +1.6 144.3 +1.5 140.0 +1.5December.............................................. 139.2 +1.4 146.5 +1.5 142.0 +1.41923January................................................. 139.4 +0.1 144.5 -1 .4 141.4 -0 .4February. ............................................. 143.8 +3.2 145.5 +0.7 144.5 +2.2March.................................................... 147.3 +2.4 148.8 +2.3 147.9 +2.4April.......................................................M ay....................................................... . 146.0 -0 .9 152.0 +2.2 148.4 +0.3138.7 -5 .0 150.3 -1 .1 143.3 -3 .4June....................................................... 135.3 -2 .5 146.4 -2 .6 139.6 -2 .6J u l y . . . .................................................. 130.0 -3 .9 145.3 -0 .7 136.0 -2 .6A ugust-................................................ 132.2 +1.7 143.8 -1 .0 136.7 +0.5September............. .............................. 138.5 +4.8 146.9 +2.2 141.8 +3.7October.................................................. 137.7 -0 .6 149.6 +1.8 142.3 +0.4November. ........................................... 135.4 -1 .7 149.1 -0 .3 140.8 -1 .1December.............................................. 135.6 +0.1 152.2 +2.1 142.1 +0.91924January.................................................. 138.4 +2.1 149.4 -1 .8 142.7 +0.4February. ................................ ........... 142.4 +2.9 148.2 -0 .8 14t 7 +1.4March.........................._•...................... 140.6 -1 .3 147.6 -0 .4 143.3 +1.0April................................. .....................M ay................................................ ...... 141.1 +0.4 143.9 -2 .5 142.2 -0 .8137.4 -2 .6 143.3 -0 .4 139.7 -1 .8June..................................................... 132.1 -3 .9 141.2 -1 .5 135.7 -2 .9J u l y . . . .................................................. 136.4 +3.3 144.5 +2.3 139.5 +2.8August.................................................. 138.7 +1.7 147.4 +2.0 142.1 +1.9September............................................. 136.0 -2 .0 148.3 +0.6 140.8 -0 .9October.................................................. 140.9 +3.6 150.9 +1.8 144.8 +2.8November............................................. 140.4 -0 .4 152.3 +0.9 145.1 +0.2December.............................................. 145.3 +3.5 158.5 +4.1 150.4 +3.7

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Ch a r t 5

WHOLESALE PKICES, 1890 TO 1924

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PBICES OF COMMODITIES

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34 WHOLESALE PRICES, 1890 TO 1924

An examination of the figures in Table 7 and Chart 5 reveals that, in the main, fluctuations in the prices of manufactured commodities from 1890 to 1924 synchronized closely with fluctuations in the prices of raw materials. In only four years, 1905, 1906, 1914, and 1922, did the manufactured commodities curve move in a direction con­trary to that of the raw commodities curve. In several instances the per cent of change from the preceding year was practically the same lor the two curves. I t will he observed, moreover, that in all of the years prior to 1917, when this country entered the war, manufactured commodities fluctuated at a higher level, as compared with the base period, than did raw commodities, and that from 1917 to 1919 these conditions were exactly reversed. From 1920 to 1924 manufactured commodities again fluctuated at a relatively higher level than did raw commodities.In the table and chart showing monthly price variations since 1915 (Table 8 and Chart 5a) the great similarity of the two curves is also clearly shown. Out of 120 months for which index numbers are here given, only 30 months show a movement of manufactured commodities at variance with the movement of raw commodities, and in most of these instances the variance may properly be ascribed to a lag between the two series of prices. An exception appears in the figures for the last half of 1921, in which period manufactured commodities continued to decline in the face of rising prices of raw materials. I t will be noted, however, that in the months immediately preceding this period the spread between raw and manufactured commodities was much greater than at any other time, indicating that prices of manufactured goods had attained abnormal levels as compared wdth prices of their raw materials. An inspection of the figures in the columns showing the per cent of change from the preceding month serves to emphasize the fidelity with which prices of manufactured articles in the main have followed those of raw materials since the beginning of the period in 1915.AVERAGE WHOLESALE PRICES OF IMPORTANT COMMODI­TIES, 1890 TO 1924

The average wholesale prices of individual commodities for each year from 1890 to 1924, and for each month of 1923 and 1924, are shown in detail in Table 9. Monthly figures for the years from 1913 to 1923 have, with a few exceptions, been published in previous bul­letins of the bureau.8 The table contains, m addition to the average money prices, the relative price for each year or month as compared with the price in 1913; that is, the per cent that the average price in each year or month is of the average price in 1913. These relative prices have been computed from average prices carried to four decimal places, while the average prices, as here published, have been rounded off to three decimal places. In some instances, therefore, the relative prices show changes not reflected in the average prices. For articles added since 1913 no relative prices could be computed.The closing of the New York and New Orleans cotton exchanges in 1914, following the outbreak of hostilities in Europe, made it impossible to obtain satisfactory price quotations for this staple§ Billeting Nps. 149, 181, 200, 226, 269, 296, 320, 335, an4 367,

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AVERAGE WHOLESALE PRICES OF COMMODITIES 35

during a part of that year. The average yearly prices reported for cotton in 1914 are therefore somewhat higher tnan would have been the case had they included quotations lor the period of business demoralization during which the exchanges were closed. The prices for the four grades of Ohio wool appearing in the table for 1917 to 1924 are the prices for unwashed wool reduced to the scoured wool basis by increasing the price in proportion to the amount of shrink­age. For years prior to 1917 the prices for the two grades of wool shown were those for washed wool reduced to the scoured basis in a similar manner.In many instances it has been found that the price of bread per loaf is not affected by slight changes in the price of flour, but the weight of the loaf is changed instead. For this reason the com­parative prices of bread shown in the table are based on a pound of dough before baking and not on the baked loaf. In the case of flour the prices shown for 1918 are necessarily restricted to the grade established by the United States Food Administration regulations, which became effective with the beginning of that year.For each commodity the average price for the year was computed by dividing the sum of the quotations by the number of quotations. Where a range of prices was shown, except in the case of chemicals and drugs as elsewhere stated, the mean price for each date was found and the sum of such means was divided by their number to give the average price for the year. For example, the sum of the 53 mean prices of No. 1 northern spring wheat at Minneapolis obtained for 1924 was found to be $68.3125. This total divided by 53 gives $1.2889 as the average price for 1924. In instances where prices during one or more months of the year were missing, the yearly averages were computed from the number of quotations actually obtained. For monthly averages a similar plan was followed in cases where prices on a particular day of each week were used. For many commodities, however, monthly averages based on daily quo­tations have been obtainable. First-of-the-month prices have been used for a limited number of articles whose prices are quite stable.In computing the averages shown in the table, the net cash price was used for textiles and all other articles subject to large and varying discounts. In the case of a few articles, such as plain wire, nails, steel plates, steel sheets, etc., the prices of which are subject to a small discount for cash within 10 days, no deduction has been made.A series of charts showing percentage price changes for a number of selected articles of special importance accompanies Table 9. As in the table, the change in each case is measured by the average price in 1913. The charts showing yearly price changes since 1890 are all drawn to the same scale, so that they can readily be compared one with another. They are likewise comparable with the charts indi­cating yearly price fluctuations in the several groups and in all com­modities combined (Charts 1 to 5). In like manner the charts showing monthly price variations since the beginning of 1915 can be compared directly one with another and with the group Charts la to 5a.

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{The figures in this table show the average actual and the relative price of each commodity each year from 1890 to 1924 and each month in 1923 and 1924, those for each commodity in 1913, upon which the relative price is based, being printed in heavier-faced type. For further explanation and discussion of the table, see pp. 34 and 35]T able 9.—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924 00a>

Farm products

(a) Grains

Year and monthBarley: By sample Corn: Cash, con­tract grades Corn: Cash, No. 3, mixed Oats: (Cash Rye: No. 2, cash Wheat: Cash, Chicago

Choice to fancy malting, average price per bushel

Fair to good malting, average price per bushel

Rela­tivepriceAverage price per bushel

Rela­tivepriceAverage price per bushel

Rela­tivepriceAverage price per bushel

Rela­tivepriceAverage price per bushel

Rela­tiveprice

Range of No. 1 northern spring and No. 2 red winter, aver­age price per bushel

No. 1 northern spring, average price per bushel

Rela­tiveprice

No. 2 redwinter, average price per bushel

Rela­tiveprice

1890 $0.506 72.9 $0.395 63.2 $0. 311 82.7 $0.545 85.6 $0.893 93.7.610 87.9 . 574 91.9 .387 106.1 .833 131.0 .962 100.9 j1892 .509 73. 3 .450 72.0 .304 80.9 .675 106.2 .788 82.6 . -— (1KQ3 .469 67.5 . 396 63.4 .283 75.2 .490 77.0 .677 71.01894 .513 74.0 .433 69. 2 .311 82.8 .466 73.2 .559 58.6 i1895 .430 62.0 .396 63. 3 .237 63.1 .483 75.8 .60() 62.9

""ii1898 .298 42.9 .258 41.3 .180 47.9 .352 55.3 .641 67.31897 .323 46.5 . 255 40.7 .183 48.6 .396 62.3 .795 83.4IgQft .435 62. 6 . 314 50.3 .247 65.7 .496 77.9 .885 92.81899 .443 63.8 .333 53.3 .245 65.2 .552 86.8 .711 74.61900 .482 69.4 . 381 61.0 .227 60.4 .518 81.4 .704 73.81901 .588 84.8 .497 79.5 .318 84.6 .533 83.7 .719 75.4190? . 632 91.1 .597 95.5 .396 105.4 .542 85.2 .741 77.81002 . 549 79. 2 . 461 73.7 .354 94.2 .516 81.0 .790 82.81004 . 530 76.4 .505 80. 7 .365 97.1 .706 110.9 1.039 109.01008 .485 69.9 .501 80.1 .299 79.6 .711 111.8 1.010 106.01000 .512 73.7 .463 74.1 ! .328 87.3 .611 96.0 .793 83.21907 . 766 110.4 .528 84.5 j .450 119.8 .769 120.8 .907 95.21908 .734 105.7 .684 109.5 j .510 135.6 .783 123.0 .990 103.81909_______________ .674 1L__......... 97.1 .068 106.8 .481 128.0 ‘ .783 123.0 1.200 125.8 !____

WHOLESALE PRICES, 1890 TO 1924

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1910 ______ .720 1.102 103.7158.8 .581.590 92.994.41911 ........... . ___ 11912 1.019 146.8 .686 109.7 I1913............................... .694 $0,625 100.0 .625 100.0 $0.616 100.01914............................. .615 98.4 .695 111.2 .683 : . 110.91915 .................... .704 112.5 .730 D6.7 1.722 i 117.31916............................... .867 138.7 .825 132.0 .812 1 131.91917............. ................. 1.315 210.2 1.637 261.9 1.620 263.21918.............................. 1.305 208.8 1.605 256.8 1.523 247.41919......... .................... 1.217 194.6 1.597 255.4 1.580 256.71920.............................. 1.263 202.0 1.414 226.2 1.397 226.91921_____ ____ _____ .635 101.6 .580 92.8 .565 91.81922......... .................... .633 101.3 .623 99.6 .614 99.71923.............................. .660 105.5 .821 131.4 .811 131.8January________ .649 103.8 .711 113.7 .698 113.4February.............. .666 106.6 .737 117.9 .724 117.6March................... .663 105.9 .740 118.4 .727 118.1April.................... .670 107.1 .793 126.8 .785 127.5May___________ .673 107.6 .809 129.5 .805 130.8June..................... .643 102.7 .839 134.3 .834 135.6

July....................... .653 104.3 .857 13711 .852 138.4August___ _____ .623 99.6 .876 140.2 .872 141.7September_____ .654 104.6 .884 141. 5 .880 143.0October________ .678 108.4 1.011 161. 7 1.007 163.6November_____ .656 105.0 .842 134.7 .816 132.5December______ .685 109.5 .730 116.7 .709 115.21924.......................... . .817 130.7 .972 155.4 .957 155.5January________ .705 112.7 .759 121.3 .747 121.3February______ .740 118.3 .797 127.5 .777 126.2March_________ .753 120.3 .796 127.4 .769 124.9April__________ .803 128.4 .790 126.4 .771 125.3M a y __________ .761 121.7 .786 125.8 .767 124.6June___________ .776 124.1 .839 134.2 .831 135.0

July _________ .829 132.6 1.055 168.7 1.049 170.3August .853 136.3 1.170 187.2 1.160 188.5September.. ..... .866 138.5 1.163 186* 1 1.151 187.1October _ . .908 145.1 1.105 176.8 1.094 177.8November______ .864 138.1 1.130 180.8 1.114 181.0December............ .935 149.5 1.233 197.3 1.221 198.4

.386 f 102.6 . 777 1 122.2 ; 1.097 ................. 115.1 ________ ____ _

. 385 102.4 .902 li i 4 i .7 ; .984 103.3.438 116. 5 .•798 i 125.5 1.049 110.0.376 100.0 .636 100.0 .953 $0.913 100.0 $0.986 loo. 6.419 111.5 .768 I 120.6 1 1.041 114.0 1.005 101.9

.496 I 131.9 1.092 1| ! 1 171.6 1........... ........... 1.344 147.2 1.307 • 132.5.455 i 121.1 1.113 !j 174.9 1.417 155.1 1.351 136.9.637 ; 169.6 : 1.871 I 294.1 2.321 254.2 2.278 231.0.775 ! 206. 1 ; 1.940 j 304.9 2.235 244.8 2.209 224.0

.700 1 186.3 ' 1.534 241.1 2.563 280.7 2.357 239.0.796 211.8 | 1.873 294.4 2.601 * 284.9 2.523 255.8.387 1 103.0 1.213 190.6 1.466 160.5 1.435 145.5.396 1 105.3l , .883 138.8 1.282 140.4 1.238 125.5

.439 | 116.8 . 752 !: 118.2 1.155 126.5 1.170 118.7.441 1 117.4 .872 i1 137.1 1.199 131.3 1.258 127.5.457 | 121.5 .864 |i 135.8 _ _ _ _ _ _ ____ 1.244 136.3 1.360 137.9.462 | 122.8 .827 !! 130.0 ___________ 1.216 133.2 1.321 134.0.466 ! 124.0 .853 ;i 134.0 1.253 137.2 1.320 133.8.451 , 120.0 .777 122.1 1.200 131.4 1.289 130.7.439 : no. s .687 108.0 1.105 121.0 1.189 120.5

.422 ; 112.3 .647 101.7 1.017 111.3 1.011 102.5.387 103.0 .671 105.5 1.072 117.4 1.017 103.1.413 110.0 .698 109.7 1.156 126.6 1.048 106.2.439 116.8 .720 113.1 1.197 131.1 1.097 111.2.442 117.5 .708 I 111.2 1.092 119.6 '1.061 107.5.449 119.6 .701 i 110.1 1.112 121.8 1.083 109.8

.514 136.8 .916 ! 144.0 1.322 144.8 1.280 129.7.474 126.1 .725 ! 114.0 1.133 124.1 1.106 112.3.493 131.2 .720 1 113.1 1 1.174 128.6 1.127 114.3.481 127.9 .685 j 107.6 1 1.165 127.6 1.088 110.3.489 130. 2 .662 1 104.0 1.128 123.5 1.038 105.3.488 130.0 .671 ' 105.5 1.177 j 128.9 1.066 108.1.501 133.4 .729 i 114.6 ................ ........... ; 1.260 138.0 1.122 113.7

.563 149.7 .861 135.3 ................ . . . . . . . . . . . 1 I 1.397 1 152.9 1.253 127.0.528 140. 4 .919 144.4 i 1.356 j 148.5 1. 315 133.3.497 132.2 1.016 159.7 1.350 147.9 1.343 136.2.522 138.8 1.275 200.4 1.486 162.7 1.528 154.9.524 139.5 1.312 206.2 I! 1.529 167.5 1.574 159.6.598 159.0 j| 1.404 220.6 1.687 184.8 1. 769 179.4

$MW§

03-J

WHOLESALE PRICES OE COMMODITIES

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Chart 64 0 03 7 53 5 03 2 53 0 02 7 5

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200

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WHOLESALE PRICES, 1890 TO 1024

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WHOLESALE PRICES OE COMMODITIES

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Table 9.—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924-Continued OFarm products

(6) Livestock and poultryW uram s

Livestock (for food)

Year or month Wheat: No. 2 hard winter, cash, Kansas City

Wheat: No. 1 northern spring, cash, Minne­apolisWheat: No. 1 hard white,cash, Portland, Oreg.

Cattle: Cows, choice to prime Cattle: Heifers, choice to prime Cattle: Steers, choice to prime Cattle: Steers, good to choice Hogs: Heavy Hogs: Light

Average price per bushelRela­tiveprice

Average price per bushelRela­tiveprice

Average price per bushelRela­tiveprice

Average price per 100poundsRela­tiveprice

Average price per 100poundsRela­tiveprice

Average price per 100poundsRela­tiveprice

Average price per 100poundsRela­tiveprice

Average price per 100poundsRela­tiveprice

Average price per 100poundsRela­tiveprice

1&90 $4,870 54.5 $4,138 48.6 $3,953 47.3 $3,926 46.45.885 65.9 5.098 59.9 4.423 52.9 4.340 51.3

lfiQO 5.091 57.0 4.500 52.9 5.155 61.6 5.068 59.95.521 61.8 4.839 56.9 6.549 78.3 6.575 77.8

1SQ4 5.159 57.8 4.525 53.2 4.972 59.4 4.933 58.35.485 61.4 4.934 58.0 4.278 51.1 4.253 50.34.596 51.5 4.271 50.2 3.358 40.1 3.559 42.1

i»97 5.226 58.5 4.774 56.1 3.591 42.9 3.722 44.01R9R 5.378 60.2 4.885 57.4 3.805 45.5 3.759 44. 5

5.993 67.1 5.385 63.3 4.039 48.3 4.071 48.2IQftfl 5.783 64.8 5.394 63.4 5.082 60.7 5.114 60.51901 6.122 68.6 5.590 65.7 5.958 71.2 5.918 70.0190? 7.472 83.7 6.557 77.1 6.970 83.3 6.735 79.7

5.568 62.4 5.062 59.5 6.057 72.4 6.054 71.6190^ 5.956 66.7 5.192 61.0 5.155 61.6 5.148 60.9

5.968 66.8 5.219 61.4 5.29i 63.3 5.321 62.9190^ 6.130 68.6 5.357 63.0 6,235 74.5 6.327 74.81907 6.544 73.3 5.812 68.3 6.080 72.7 6.216 73.5-jonft 6.816 76.3 5.998 70.5 5.799 69.3 5.635 66.71909....................................... 7.339 82.2 6.453 75.9 7.572 90.5 . 7.361 87.1

WHOLESALE PBICES, 1890 TO 1924

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1910.1911.1912.1913.1914.1915.1916.1917.

1921 .

1923-

1924-

, 7.771 87.0 , 7.017 82.5 8.943 106.9 9.009 106.6i 7.234 81.0 6.727 79.1 6.747 80.7 6.726 79.61 9.359 104.8 8.402 98.8 7.595 90.8 7.552 89.3$0.877 100.0 $0.874 ioo.o $0,929 100.0 $6.867 100.0 $7.829 ioo.o 8.929 100.0 8.507 100.0 8.365 100.0 8.454 100.0................................. .......................... .939 107.1 1.003 114.8 1.009 108.6 7.050 102.7 8.194 104.7 9.652 108.1 9.039 106.2 8.361 99.9 8.382 99.11.290 147.2 1.306 149.5 1.116 120.2 6.623 96.4 7.865 100.5 9.312 104.3 8.702 102.3 7.131 85.2 7.187 85.0

>_ ________ _______ 1.329 151.6 1.411 161.5 1.175 126.5 7.481 109.0 8.471 108.2 10.420 116.7 9.573 112.5 9.615 114.9 9.400 111.2r 2.296 261.8 2.325 266.1 2.059 221.6 9.431 137.3 10.523 134.4 13.831 154.9 12.809 150.6 15.705 187.7 15.459 182.9___ _______ ____ — . 2.159 246.3 2.191 250.8 2.159 232.5 11.350 165.3 12.833 163.9 17.343 194.2 16.424 193.1 17.600 210.4 17.804 210.6

2.418 275.8 2.566 293.8 2.398 258.1 12.493 181.9 14.253 182.1 18.658 209.0 17.496 205.7 18.244 218.1 18.326 216.8...........................)_ ___________ 2.455 280.0 2.558 292.9 2.575 277.1 10.874 158.4 11.695 149.4 15.907 178.2 14.486 170.3 14.187 169.6 14.711 174.01.326 151.2 1.466 167.8 1.266 136.3 6.730 98.0 8.476 108.3 9.545 106.9 8.780 103.2 8.473 101.3 8.891 105.2____ __________________________ 1.213 138.3 1.345 154.0 1.358 146.2 6.963 101.4 8.599 109.8 10.317 115.5 9.438 110.9 9.393 112.3 9.727 115.11.112 126.8 1.181 135.2 . 1.210 130.3 7.426 108.2 9.080 115.7 10.978 123.0 9.952 117.0 7.690 91.9 7.839 92.7................ .............. .......January___ ________ 1.150 131.2 1.221 139.8 1.480 159.3 6.935 101.0 8.500 108.6 11.075 124.0 9.780 115.0 8.180 97.8 8.395 99.3

February___________ 1.169 133.3 1.241 142.1 1.393 149.9 6.935 101.0 8.375 107.0 10.206 114.3 9.356 110.0 7.838 93.7 8.069 95.4M arch_____________ 1.158 132.0 1.232 141.1 1.365 146.9 6.838 99.6 8.438 107.8 9.900 110.9 9.263 108.9 8.163 97.6 8/344 98.7April____ __________ 1.208 137.7 1.279 146.4 1.370 147.5 7.325 106.7 8.535 109.0 9.815 109.9 9.015 106.0 7.965 95.2 8.250 97.6M ay______ ________ 1.160 132.3 1.250 143.1 1.324 142.5 7.788 113.4 8.931 114.1 10.225 114.5 9.538 112.1 7.450 89.1 7.619 90.1June_______________ 1.050 119.8 1.139 130.4 1.198 128.9 7.550 110.0 9.300 118.8 11.000 123.2 10.313 121.2 6.950 83.1 7.075 83.7July............................... .977 111.4 1.084 124.1 1.064 114.5 7.850 114.3 9.175 117.2 11.260 126.1 10.590 124.5 7.210 86.2 7.440 88.0August_____________ 1.038 118.4 1.144 131.0 1.065 114.6 8.300 120.9 9.531 121.7 12.050 135.0 10.875 127.8 7.994 95.6 8.375 99.1September__________ 1.116 127.3 1.176 134.6 1.070 115.2 8.006 116.6 10.131 129.4 12.175 136.4 10.656 125.3 8.638 103.3 9.025 106.8October_______ _____ 1.114 127.1 1.172 134.2 1.078 116.0 7.700 112.1 9.475 121.0 11.820 132.4 10.450 122.8 7.775 92.9 7.665 90.7November__________ 1.099 125.3 1.109 127.0 1.060 114.1 7.094 103.3 9.375 119.7 11.156 125.0 *9.844 115.7 7.131 85.2 6.969 82.4December...................... 1.115 127.2 1.122 128.4 1.028 110.6 6.905 100.6 9.085 116.0 11.025 123.5 9.785 115.0 7.050 84.3 6.965 82.4l........................................ 1 1.232 140.5 1.289 147.6 1.324 142.5 6.946 101.2 9.070 115.9 10.911 122.2 9.669 113.7 8.488 101.5 8.417 99.6January......................... ! 1.129 128.8 1.151 131.7 1.024 110.2 6.669 97.1 8.719 111.4 10.550 118.2 9.469 111.3 7.231 86.4 7.169 84.8February___________ 1 1.121 127.9 1.176 134.7 1.041 112.1 6.550 95.4 8.138 103.9 10.650 119.3 9.706 114.1 7.075 84.6 7.075 83.7M arch_____________ ' 1.076 122.8 1.163 133.1 1.030 110.9 7.225 105.2 8.750 111.8 11.355 127.1 10.065 118.3 7.345 87.8 7.370 87.2April_______________ 1.036 118.2 1.131 129.5 1.052 113.2 7.844 114.2 9.381 119.8 11.819 132.4 10.775 126.7 7.425 88.8 7.413 87.7M ay.............................. : 1.060 120.9 1.159 132.7 1.120 120.6 7.694 112.0 9.281 118.6 11.338 127.0 10.269 120.7 7.444 89.0 7.388 87.4June............. ................. 1.1051 126.0 1.200 137.4 1.193 128.4 7.325 106.7 8.790 112.3 10.610 118.8 9.595 112.8 7.245 86.6 7.150 84.6July................................ 1.203 137.2 1.296 148.4 1.392 149.8 7.188 104.7 8.656 110.6 10.675 119.6 9.563 112.4 8.188 97.9 8.194 96.9August....... ................... 1.221 139.2 1.318 150.8 1.510 162.6 6.844 99.7 8.875 113.4 10.644 119.2 9.481 111.5 9.613 114.9 9.825 116.2September................... 1.282 144.0 1.310 149.9 1.526 164.3 6.525 95.0 9.125 116.6 10.090 113.0 9.015 106.0 9.855 117.8 10.055 118.9October........... ............. 1.404 160.2 1.434 164.2 1.570 169.0 6.344 92.4 9.688 123.7 11.075 124.0 9.500 111.7 10.781 128.9 10.688 126.4November__________ 1.468 167.4 1.477 169.1 1.635 176.0 6.625 96.5 9.813 125.3 11.063 123.9 9.156 107.6 9.581 114.5 9.094 107.6December........... ......... 1.662 189.6 1.633 187.0 1.758 189.2 6.560 95.5 9.625 122.9 11.170 125.1 9.550 112.3 9.960 119.1 9.485 112.2

AVERAGE WHOLESALE PRICES OP COMMODITIES

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WHOLESALE PRICES OE COMMODITIES

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18901891.1892.18931894.189518961897.1898.1899.1900.1901.1902.1903.1904.1905.1906.1907.1908.1909.

T able 9 .—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924—Continued

Farm products

(5) Live stock and poultry

Live stock (for food) Poultry

Sheep Live fowls: Chicago Live fowls: New York

Western wethers, average price per 100pounds

Western wethers, plain to prime, average price per 100pounds

Ewes, average price per 100pounds

Rela­tiveprice

Lambs, average price per 100pounds

Rela­tiveprice

Native wethers, average price per 100pounds

Wethers, average price per 100pounds

Rela­tivepriceAverage price per pound

Rela­tivepriceAverage price per pound

Rela­tiveprice

$4,664 4.572 4.870 4.126 2.9813.094 3.141 3.769 4.163 4.1624.5213.7444.1783.8774.2615.0805.2794.884

97.895.8 102.1• 86.562.564.965.879.187.287.294.878.587.781.389.3

106.5110.7102.490.899.4

$4,5284.5114.7803.8782.6962.9502.9323.4973.9253.884

i 99.4 1 ; 99.0 ! 104.9 1 85.159.264.7 i 64.4 i 7& 886.285.2 ,90.5 '73.6 !83.0 '

iii l1 1|1 1

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19101911191219131914

5.395 3.941 4.901 5.301

19151916 1917. 19181919.1920. 1921 1922.1923...................January .._ February..M arch-----April.........M ay..........June..........

July...........August___September. October.. . November. December.1924........ .........Jan uary ...February..March.......April....... .M ay..........June...........

Ju ly ..........August----September. October-. . November. December.

$4,6875.0445.9297.16610.33211.2889.3518.7443.4135.7876.1016.9506.7197.1507.5656.1694.8135.0505.7505.4815.2755.6566.4406.9127.1888.4259.9759.9386.6254.8254.8445.9695.4055.813 6.331 7.575

101.874.492.5 100.0 107.6126.5152.9220.4240.8199.5186.6 72.8123.5130.2 14& 3143.4152.6161.4131.6102.7107.7122.7 116.9112.5120.7137.4147.5153.4179.8212.8 212.0141.4

103.3127.4 115.3124.0135.1 161.6

5.544 103.7 .169 101.04.280 80.0 .145 86.34.928 92.2 .149 88.7$7,794 100.0 5.347 100.0 $0,154 100.0 .167 100.08.115 104.1 5.830 109.0 .145 94.2 .165 9a 69.233 n a 5 6.690 125.1 .137 88.6 .161 96.411.017 141.3 7.994 149.5 .164 106.2 .189 112.616.092 206.5 11.708 219.0 .198 128.2 .238 142.017.325 222.3 12.589 235.4 .259 16a 3 .324 m e

16.125 206.9 11.008 205.9 .284 184.2 .341 203.615.904 204.1 10.443 195.3 .308 199.8 .377 225.310.013 12a 5 5.527 103.4 .250 162.3 .318 189.813.183 169.1 7.304 13a 6 .217 140.8 .269 16a 713.446 172.5 7.648 143.0 .208 134.8 .255 152.314.175 181.9 a 260 154.5 .204 132.4 .259 154.614.613 187.5 a 075 151.0 .239 155.4 .283 16a 814.250 182.8 a 688 162.5 .249 161.5 .270 161.313.055 167.5 9.075 169.7 .244 15a 2 .251 150.113.144 iea 6 7.600 142.1 .256 16a 1 .294 175.514.781 189.6 6.906 129.2 .208 134.7 .233 13a 913.975 179.3 a 550 122.5 .204 132.4 .265 15a 312.813 164.4 7.281 136.2 .198 12a 2 .270 161.313.188 169.2 7.081 132.4 .188 121.7 .250 149.312.775 163.9 6.950 130.0 .178 115.5 .233 13a 912.275 157.5 7.156 133.8 .155 100.6 .230 137.412.500 160.4 8.000 149.6 .170 110.3 .231 13a 214.339 184.0 8.391 15a 9 .217 141.1 .262 15a 313.325 171.0 8.731 163.3 .194 126.1 .266 15a 914.550 186.7 9.500 177.7 .219 142.0 .270 161.315.775 202.4 10.950 204.8 .244 158.2 .281 16a 015.938 204.5 10.875 203.4 .245 159.0 .286 170.814.219 182.4 8.094 151.4 .248 160.6 .278 165.814.725 18a 9 7.050 131.8 .236 153.3 .260 155.313.750 176.4 7.281 13a 2 .214 13a 9 .229 136.813.281 170.4 7.500 140.3 .235 152.5 .256 153.113.175 169.0 6.740 126.1 .239 155.1 .269 16a 713.438 172.4 7.156 133.8 .194 125.8 .269 16a 613.344 171.2 7.613 142.4 .174 112.8 .238 141.915.975 205.0 9.125 170.7 .173 112.3 .243 14A 2

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AVERAGE WHOLESALE PRICES OP COMMODITIES

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

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T a ble 9 .—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924—Continued OlOFarm products

1890189118921893189418951896189718981899190019011902190319041905190619071908190919101911191219131914

(c) Other farm products

Year and month Beans: Medium, choice Clover seed: Contract gradesCotton

CottonseedEggs

Middling: New Orleans Middling, upland: New York Firsts: Western, Boston

Average price per bushelAverage price per 100 pounds

Rela­tivepriceAverage price per 100 pounds

Rela­tivepriceAverage price per pound

Rela­tivepriceAverage price per pound

Rela­tivepriceAverage price per ton

Rela­tivepriceAverage price per dozen

Rela­tiveprice

$2,0292.2531.8701.9911.8471.7901.1741.0451.2481.4532.0972.1931.9202.2632.0102.1501.9001.7772.3202.4502.3992.289

84.8 94.278.183.2 77.174.849.043.752.160.787.691.680.294.583.989.879.374.396.9 102.4

100.295.6 116.8 100.0 101.1

$0,111.086.077.083.070.073.079.072.0:0.066.096.086.089.112.121.096.110.119.105.121.151.130.115.128.121

86.767.3 60.165.154.757.161.955.946.751.475.167.569.887.994.674.786.292.981.8 94.7

118.2102.089.9 100.094.6

...

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WHOLESALE PBICES, 1S90 TO 1924

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1915 ...............................................................1916 .............1917 _________1918 ..........................................1919...........1920 ...1921 __1922 ..........................................1923 ___Jan u a ry ...February..March___April____M ay...........June_____

July_____August___September.October.November.December.1924 ..........................................Jan u a ry ... February.. March.......

June____July_____August__September.October...November.December.

AprilMay.

5.813 145. 78.450 211. 813.785 345. 512.109 303. 58.058 202. 07.430 186. 25.171 129. 67.616 190. 97.539 189. 08.140 204. 08.388 210. 28.475 212. 48.406 210. 78.000 200. 57.969 199. 77.725 193. 67.250 181. 76.750 l f9. 26.950 174. 26.531 163. 75.719 143. 35.860 146. 95.725 143. 55.875 147. 35.813 145. 75.495 137. 75.250 131. 65.938 148.85.380 134. 85.863 146. 96.325 158. 56.250 156. 76.308 158. 16.155 154. 3

16.263 16.830 21.016 33.65848.717 36.002 18.787 20.11519. 315 20.45020.50019.500 18.000 16.90017.50017.500 17.520 20.130 22.200 21.000 20.60021.852 20.604 21.196 19.462 17.962 17.827 17.58018.817 20.000 22.200 26.692 29.443 31.077

98.5 .096 75.7 .102 79.4 24.568 112.8 .251 100.0101.9 .141 111.0 .145 113.1 41.147 190.3 .291 115.8127.2 .226 177.9 .235 183.7 58.305 267.6 .400 159.0203.8 .311 245.1 .318 248.5 66.185 303.7 .483 192.1295.0 .319 250.8 .325 253.9 65.563 300.9 .530 210.9218.0 .330 259.9 .339 264.9 51. 728 237.4 .566 • 224.9113.7 .141 111.3 .151 118.2 22.183 101.8 .404 160.4121.8 .204 160.6 .212 165.9 35.039 160.8 .352 139.8116.9 .287 226.0 .293 228.9 43.690 200.5 .350 139.3123.8 .273 215.2 .275 214.7 43.350 198.9 .431 171.4124.1 .290 228.1 .290 226.4 45.160 207.3 .378 150.1118.1 .305 240.4 .307 239.9 46.320 212.6 .313 124.3109.0 .284 223.2 .290 226.3 47.600 218.5 .278 110.3102.3 .268 211.0 .277 216.3 46.580 213.8 .274 108.9106.0 .286 225.2 .284 222.4 43.140 198.0 .251 99.9106.0 .255 200.6 .259 202.3 41.420 190.1 .252 100.2106.1 .244 192.4 .255 199.4 37.470 172.0 .282 112.1121.9 .273 215.0 .286 223.3 40.880 187.6 .330 131.2134.4 .292 229.5 .301 234.9 40.900 187.7 .395 157.1127.1 .339 266.5 .350 273.5 45.920 210.7 .548 217.7124.7 .352 276.8 .358 279.5 45.540 209.0 .479 190.4132.3 .279 219.8 .287 224.6 38.345 176.0 .365 145.0126.6 .341 268.7 .347 271.4 44.370 203.6 .437 173.8128.3 .319 251.3 .319 249.6 43.270 198.6 .381 151.6117.8 .289 227.2 .285 222.5 41.340 189.7 .251 99.6108.7 .300 236.1 .299 233.6 40.420 185.5 .244 96.8107.9 .306 240.6 .316 246.9 40.530 186.0 .259 102.9106.4 .293 230.7 .300 234.6 39.960 183.4 .269 107.1113.9 .291 229.1 .317 247.8 39.070 179.3 .277 110.1121.1 .270 212.2 .293 228.9 38.440 176.4 .321 127.8134.4 .230 181.4 .244 191.1 31.740 145.7 .366 145.6161.6 .235 184.7 .245 191.6 31.950 146.6 .435 173.0178.3 .240 189.0 .243 189.7 33.570 154.1 .520 206.8188.2 .236 185.9 .238 186.4 35.480 162.8 .580 230.6

Or

AVERAGE WHOLESALE PRICES OF COMMODITIES

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WHOLESALE PBICES, 1890 TO 1924

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

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Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

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T a ble 9 .—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924—Continued Or.

Farm products

(c) Other farm products

Year or month

Eggs Flaxseed: No. 1

Firsts: Fresh, Chicago Firsts: Fresh, Cincinnati Candled: Western, New OrleansNewlaid: Fair to fancy, near-by, New York, average price per dozen

Firsts: Fresh gathered, New York, average price per dozen

Rela­tiveprice

Extra firsts: Western, PhiladelphiaFresh: Selected, pullets’, San Francisco Chicago market, average price per bushel

Minne­apolis market, average price per bushel

Rela­tivepriceAverage price per dozenRela­tiveprice

Average price per dozenRela­tiveprice

Average price per dozenRela­tiveprice

Average price per dozenRela­tiveprice

Average price per dozenRela­tiveprice

1890.................................. $0,195 59.5 $1,397 106.51891..................................... .216 66.1 1.081 82.41892...................................... .217 66.3 1.018 77.61893.................................... .225 68.8 1.088 82.91894................................. .184 56.2 1.353 103.21895...................................... .200 61.3 1.245 94.91896...................................... .174 53.3 .812 61.91897...................................... .172 52.6 .870 66.31898...................................... .182 55.6 1.112 84.71899...................................... .199 61.0 1.158 88.21900...................................... .198 60.5 . 1.622 123.71901.................................... .210 64.1 1.623 123.71902...................................... .241 73.7 1.503 114.51903...................................... .242 74.0 • 1.047 79.81904...................................... .265 81.1 1.109 84.51905 .271 83.0 * 1.198 91.31906...................................... .262 80.0 1.103 84.11907 .277 84.8- 1.181 90.01908 .279 85.3 1.202 91.61909...................................... .315 96.3 1.565 119.6

WHOLESALE PRICES, 1890 TO 1924

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1910......................................1911......................................1912_...................................1913..................................... $6,226 166.6 $0,224 100.0 $0,234 100.01914...................................... .233 103.3 .234 104.4 .235 100.31915..................................... .227 100.6 .224 100.0 .234 100.01916................................... .262 115.9 .273 122.2 .244 103.91917.. ................................. .365 161.6 .382 170.7 .309 132.01918...................................... .443 196.2 .453 202.3 .409 174.71919— ................................. .485 214.7 .500 223.5 .397 169.51920..................................... .516 228.4 .535 239.3 .450 191.81921.................................. . .361 160.0 .377 168.4 .317 135.41922..................................... .302 133.7 .327 146.1 .300 128.11923...................................... .315 139.3 .336 150.2 .316 134.7January....................... .381 168.7 .419 187.1 .355 151.5February__________ .332 147.0 .348 155.3 .360 153.6M arch.......................... .261 115.7 .253 113.0 .308 131.2April............................ .253 112.0 .254 113.7 .244 104.2M ay............................. .244 108.2 .238 106.4 .264 112.7June............................. .227 100.5 .198 88.3 .272 116.0

J u l y . . . ........................ .228 100.8 .250 111.8 .278 118.7August......................... .260 115.0 .283 126.3 .316 135.0September.................. .311 137.9 .350 156.5 .345 147.2October................ ....... .353 156.1 .410 183.3 .347 148.1November.................. .484 214.3 .560 250.3 .345 147. *December.................... .424 187.8 .478 213.5 .330 140.81924...................................... .334 147.7 .362 161.6 .342 145.9January....................... .406 179.9 .444 198.3 .330 140.8F eb ru a ry ............... . .348 154.0 .359 160.4 .358 152.6M arch.......................... .215 ! 95.0 .233 103.9 .279 119.0A p ril..,.......................M ay......... ................... .220 97.3 .216 1 96.3 .254 108.4.235 103.9 .229 102.3 .265 113.1June............................. .248 j 109.8 .241 ! 107.9 .304 129.7

J u l y . . . . ...................... .257 !' 113.6 .275 11 122.7 .325 138.7August......................... .304 134.5 .298 133.3 i .344 146.7September.................. .359 I 159.0 .390 1 174.3 j .387 165.2October........................ .406 • 179.9 .473 I 211.2 .404 172.3November................... .483 I 213.7 .555 i 248.1 .420 179.3December-.................. .521 230.7 .600 j 268.2 .430 183.5

99.7 2.267 172.891.1 2.392 182.3101.4 1.866 $1,919 142.2$0,249 100.0 $0,264 | 100.0 $0,268 100.0 1.349 100.0.266 106.7 .278 Jj 105.3 .288 107.5 1.525 113.1.257 103.2 .272 103.3 .266 99.2 1.794 133.0.293 117.6 .301 ! 114.3 .278 103.9 2.228 165.2.401 161.2 .406 |; i54.i .362 135.3 3.093 229.3.487 195.6 .499 |1 189.4 .515 192.3 3.940 292.1.529 212.3 .553 I 209.6 .531 198.2 4.533 336.0.569 228.6 .596 ! 226.3 .524 195.5 3.792 281.1.404 162.3 .423 J! 160.5 .372 138.9 1.849 137.0.347 139.3 .369 139.9 .322 120.2 2.477 183.6.347 139.2 .382 145.1 .334 124.7 2.737 202.9.419 168.3 .434 164.6 .379 141.4 2.798 207.4.370 148.6 .384 145.6 .283 105.5 3.054 226.4.310 124.5 .314 119.1 .239 89.2 3.041 225.4.273 109.4 .284 107.9 .271 101.3 3.389 251.3.274 109.8 .290 110.0 .271. 101.2 3.027 224.4.243 97.4 .272 103.2 .278 103.6 2.828 209.6.254 102.0 .289 109.6 .271 101.3 2.653 196.7.293 117.5 .328 124.4 .340 127.0 2.377 176.2.351 141.1 .416 157.9 .385 143.8 2.343 173.6.391 157.0 .434 164.6 .445 166.2 2.474 183.4.528 211.8 .624 236.7 .433 161.7 2.413 i 178.8.468 187.8 .518 196.3 .426 159.2 2.449 181.5.364 146.3 .397 150.4 .335 125.1 2.501 185.4.421 169.1 .433 164.1 .335 125.1 2.478 183.7.393 157.6 .405 153.6 .259 96.6 2.590 192.0.247 99.2 .243 92.0 .234 87.3 2.470 183.1.242 97.2 .251 95.3 .233 86.8 2.447 181.4.253 101.4 .266 100.9 .225 84.0 2.451 181.7.267 107.3 .289 109.6 .290 108.3 2.410 178.7.287 115.1 .308 116.7 .313 116.9 2.451 181.7.327 131.3 .368 139.6 .353 131.6 2.575 190.9.389 156.2 .455 172.6 .410 153.1 2.241 166.1.440 176.7 .519 196.9 .450 168.0 2.407 178.4.518 207.8 .605 229.5 .470 175.5 2.621 194.3.568 228.1 .625 237.1 .454 169.5 2.873 213.0

OrOi

AVERAGE WHOLESALE PRICES OF COMMODITIES

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

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T able 9 .—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924—Continued C7T05

1890.189l_1892.1894.1895.1896.1897.

1900.1901.1902.1903.1904.1905.1906.1907.1908.1909.1910_1911.1912.1913. 1914-

Farm products

(c) Other farm products

Hay HidesYear or month

Alfalfa: No. 1 Clover mixed: No. 1 Timothy: No. 1 Country: Calfskins, No. 1 Country: Kips, No. 1 Goatskins Goatskins: Bra­zilianGreen, salted: Heavy, country cows, No. 1 t

Average price per short tonRela­tiveprice

Average price per short tonRela­tiveprice

Average price per short tonRela­tiveprice

Average price per poundRela­tiveprice

Average price per poundRela­tiveprice

Average price per poundAverage price per pound

Rela­tivepriceAverage price per pound

Rela­tiveprice

i $9. # 5 12.286 11.838 11.207 10.41811.38410.3278.4428.33210.07511.567 12.826 12.615 12.428 11.73111.260 12.962 16.939 12.337 13.45717.26919.66420.41016.02915.686

62.476.773.969.965.071.064.4 52.752.062.972.280.0 7a 777.573.270.280.9105.777.084.0

107.7122.7 127.3 100.097.9

i 1i ii

.................i..............!i. . . . . . . i . . . . . . . . . .............. 1 .............................. i.................. . . . . . . . . . . . . . i . . . . . . . . . . . . . . . . . .

i: : : : : : : : : : : : : : : : : :

$14.18614.375 100.0101.3 $15.583 17.292 100.0111.0 $0,189.210............. ..................100.0: $0,167 111. 3 ; .193 100.0115.2 $0,670.849 100.096.8 $0,151; 100.0. 161 1 ioa 6

WHOLESALE PRICES, 1890 TO 1924

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1915...................................................... 13.476 95.0 17.958 115.2 16.476 102.81916........................................................ 14.577 102.8 16.000 102.7 16.625 103.71917...................................................... 24.610 173.5 19.948 128.0 20.846 130.11918........................................................ 27.842 196.3 26.708 171.4 28.582 178.31919_ ...................................................... 31.942 225.2 30.863 198.0 32.184 200.81920....................................................... 30.293 213.5 33.091 212.3 36.098 225.21921........................................................ 20.151 142.0 17.813 114.3 23.365 145.81922...... ................................................. 20.423 144.0 16.730 107.4 22.923 143.01923-........... ......................................... 23.827 168.0 19.101 122.6 23.789 148.4Jan uary .............. - ........................ 23.625 166.5 15.450 99.1 21.200 132.3February___________ ______ 23.625 166.5 15.125 97.1 21.000 131.0March....... ........... ........................ 24.600 173.4 17.125 109.9 21.875 136.5April.................... ..........................M ay............ ............................... 26.250 185.0 17.438 111.9 21.800 136.026.000 183.3 18.250 117.1 22.500 140.4June............................ ................... 23.850 168.1 17.875 114.7 23.375 145.8

Ju ly ........................ ............. ........ 18.938 133.5 18.600 119.4 24.200 151.0August_____________________ 20.375 143.6 18.625 119.5 24.750 154.4September.................................... 22.750 160.4 21.063 135.2 26.500 165.3October........ ................................. 25.000 176.2 22.650 145.3 26.200 163.5November__________________ 25.000 176.2 23.313 149.6 26.500 165.3December..................................... 25.550 180.1 24.063 154.4 26.000 162.21924....................................................... 22.611 159.4 20.223 129.8 24.885 155.3January.......................................... 25.250 178.0 23.200 148.9 27.500 171.6February......... ......................... 23.875 168.3 22.688 145.6 25.000 156.0M arch.................................. ........ 24.900 175.5 22.750 146.0 25.500 159.1April.................... ........................ 27.188 191.6 24.050 154.3 26.000 162.2M ay__....................................... 24.500 172.7 22.250 142.8 26.250 163.8Ju n e .......................................... 21.375 150.7 21.375 137.2 25.100 156.6

July________________ _______ 19.000 133.9 19.850 127.4 25.000 156.0A ugust.......................................... 19.900 140.3 18.250 117.1 26.125 163.0September—................................. 20.375 143.6 17.400 111.7 23.900 149.1October......................................... 21,313 150.2 16.688 107.1 23.250 145.1November......... ........................... ! 20.950 i 147.7 16.500 105.9 22,625 141.2December............................... .......i 22.750 i 160.4 17.525 112.5 22.900 142.9

.215 114.2 .196 117. 1 .528 78.8 .195 129.4.338 178.9 .248 148.4 .820 122.4 .214 142.0.406 215.2 .341 203. 8 1.292 $1,371 192.8 .235 155.4.371 196.8 .248 148. 1 1.242 174.7 .191 126.6

.685 363.0 .482 288. 2 1.904 267.8 .304 201.6.368 195.3 .300 179. 3 1.723 242.3 .199 132.1.149 78.8 .122 72. 9 .811 114.1 .077 50.9.160 85.0 .146 87. 4 .912 128.2 .112 74.0

.157 83.4 .142 85. 1 .925 130.1 .108 71.2.163 86.2 .151 90. 2 .965 135.7 .128 84.7.167 88.3 .157 93. 7 .964 135.7 .127 84.3.165 87.5 .155 92. 6 .994 139.8 .125 82.8.166 88.2 .150 89. 4 .995 140.0 .128 84.5.171 90.4 .155 92. 3 .980 137.9 .128 84.5.153 80.9 .139 83. 3 .929 130.7 .113 74.6

.149 79.2 .132 78. 8 .890 125.1 .103 67.9.147 77.9 .136 81. 2 .875 123.0 .101 66.9.152 80.5 .135 80. 6 .881 124.0 .093 61.7.156 82.7 .136 81. 2 .918 129.2. .088 58.3.148 78.5 .131 78. 0 .863 121.3 .074 49.3.150 79.7 .131 78. 0 .834 117.4 .081 53.4

.183 97.0 .155 92. 8 .745 104.7 .094 62.0.158 83.4 .138 82.4 .819 115.1 .086 57.4.182 96.4 .159 94. 9 .823 115.7 .088 58.4.188 99.7 .163 97. 4 .820 115.3 .081 53.4.161 85.1 .139 83. 0 .794 111.6 .080 52.7.165 87.5 .138 82. 5 .725 102.0 .082 54.3.171 90.5 .143 85. 1 .659 92.7 .080 53.0

.180 95.2 .145 86. 3 .610 85.8 .079 52.6.194 102.8 .163 97. 1 .638 89.7 .100 66.3.198 105.0 .168 100. 2 .763 107.2 .099 65.9.194 102.6 .167 99. 9 .765 107.2 .108 71.6.203 107.4 .173 103. 0 .753 105.8 .119 78.7.209 110.8 .174 103. 9 .765 107.6 .121 79.9

C71

AVERAGE WHOLESALE PRICES OP COMMODITIES

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TABLE 9.—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924—Continued Cn00

Farm products

(c) Other farm products

Hides Hops: Prime to choice Milk: FreshYear or month Green, salted, Green, salted,packers’: Heavy packers’: Heavy New York State Pacific coast Chicago New York San Francisconative steers Texas steers

Average Rela- Average Rela- Average Rela­ Average Rela­ Average Rela­ Average Rela­ Average Rela­price per tive price per tive price per tive price per tive price per tive price per tive price per tivepound price pound price pound price pound price quart price quart price quart price

1890 $0.093 50.7 $0.262 98.4 $0.033 74.01891 .095 51. 7 .264 99.1 .033 74.91892 .087 47.3 .251 94.1 .033 75.21893 .075 40. 7 .227 85.3 .034 77.71894 .064 34.9 . 152 56.9 .033 74.01895 .103 55.9 .094 35.3 .032 71.81896 .081 44.1 .088 32.9 .030 67.51897 .100 54.2 . 116 43.6 .030 67.71898 . 115 62. 6 .162 60. 9 .030 68.61899 .124 67.2 .156 58. 7 .032 71.81900 . 119 64.9 ' .148 55. 7 .034 76. 51901 . 124 67.3 .172 64. 6 .033 73.81902 .134 72.8 .238 89.2 .035 79.71903 . 117 63.6 .283 106.1 .035 79.71904 . 117 63.4 .348 130.5 .034 76.71905 . 143 77.8 .267 100.4 .035 79.91906 . 154 83.9 .163 61.2 .037 82.6ly07 . 146 79.1 . 174 65.3 .040 90.31908 . 134 72.6 . 119 44.6 i .039 88.91909 . 165 89.6 .201 • 75.4 .040 91.01910 . 155 84.1 .259 97.2 .043 97.71911 ____ ____ .. __ .148 80.3 .365 137.1 .040 90.51912 . 176 95. 7 .410 154.0 .044 98.61918____ ___________________ . . 1 8 4 1 0 0 .0 $ 6 .1 8 1 1 0 0 .0 .266 1 0 0 .0 $0.172 1 0 0 .0 $0.043 1 0 0 .0 .044 1 0 0 .0 SO 043 1 0 0 .01914__________ _____________ .196 106.7 .192 105.9 .396 148.8 .153 88.8 .043 100.7 .042 93.9 .043 100.5

WHOLESALE PBICES, 1890 TO 1924

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

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ts’n

na—

m—

0T88

CT1915.1916.1917.1918.1919.1920.1921.1922.1923.-— ........January.. February. M arch. __ A p ril.....

June..........Ju ly ..........August___September.October__November.December-

1924.January. _ February. M arch. . .

JuneJu ly ..........August___September. October. . . November. December.

.242 131.6 .215 118.9 .183 68.5 .114 66.1 .043 99.8 .042 94.8 .042 97.9.262 142.4 .239 132.0 .284 106.7 .103 60.1 .044 103.0 .045 102.3 .041 96.7.327 178.0 .312 172.2 .533 200.3 .129 75.0 .057 133.9 .063 143.1 .050 115.9.301 163.8 ' .280 154.6 .385 144.6 .179 104.2 .069 161.4 .078 174.9 .069 162.5

.393 213.8 .357 197.5 .588 220.7 .555 322.7 .079 183.4 .084 190.5 .078 182.7.312 169.8 .271 150.0 .799 300.2 .732 425.8 .077 180.8 .085 191.4 .091 213.6.139 75.6 .133 73.5 .342 128.3 .198 115.2 .056 130.1 .075 168.8 .074 172.8.180 98.0 .167 92.5 .253 94.8 .139 81.0 .051 119.2 .073 164.3 .068 158.1

.167 90.6 .149 82.4 .321 120.7 .155 90.3 .066 153.3 .076 171.6 .068 158.1.200 108.8 .178 98.1 .230 86.4 .075 43.6 .064 149.8 .084 189.8 .068 158.1.199 108.4 .176 97.5 .230 86.4 .079 45.8 .064 149.8 .079 178.1 .068 158.1.193 104.7 .179 98.8 .221 83.1 .090 52.4 .062 144.6 .077 173.6 .068 158.1.188 102.1 .181 99.8 .195 73.2 .095 55.3 .062 144.6 .077 173.6 .068 158.1.187 101.4 .178 98.4 .195 73.2 .103 59.6 .060 140.2 .067 151.0 .068 158.1.163 88.7 .154 85.0 .195 73.2 .109 63.3 .059 138.1 .067 151.0 .068 158.1

.146 79.3 .129 71.5 .267 100.3 .146 84.9 .069 162.1 .067 151.0 .068 158.1.147 79.7 .132 72.7 .290 108.9 .198 114.9 .069 162.1 .072 162.8 .068 158.1.141 76.8 .126 69.4 .385 144.6 .230 133.8 .069 162.1 .081 181.9 .068 158.1.154 83.7 .125 69.1 .563 211.4 .297 172.5 .069 162.1 .084 188.7 .068 158.1.141 76.8 .115 6a 6 .553 207.5 .238 138.2 .069 162.1 .082 184.9 .068 158.1.136 74.1 .114 63.1 .540 202.8 .205 119.3 .069 162.1 .077 173.6 .068 158.1

.147 79.9 .138 76.1 .473 177.4 .235 136.8 .065 151.9 .068 153.7 .068 158.1.143 77.5 .128 70.8 .540 202.8 .237 137.9 .068 158.4 .069 155.5 .068 15A1.158 85.6 .150 82.9 .570 214.0 .319 185.5 .068 158.4 .067 151.0 .068 158.1.139 75.5 .128 70.5 .570 214.0 .313 181.8 .068 158.4 .067 151.0 .068 158.1.122 66.3 .121 66.6 .566 212.5 .311 180.9 .064 150.5 .067 151.0 .068 158.1.119 64.9 .117 64.6 .540 202.8 .310 180.4 .060 140.2 .057 128.4 .068 158.1.125 68.1 .120 66.3 .530 199.0 .310 180.4 .060 140.2 .057 128.4 .068 158.1

.131 71.4 .125 69.1 .500 187.8 .310 180.4 .068 159.1 .057 128.4 .068 158.1

.156 85.0 .144 79.5 .405 152.1 .211 122.9 .069 162.1 .061 137.9 .068 158.1.161 87.3 .146 80.9 .395 148.3 .141 82.0 .069 162.1 .073 163.9 .068 158.1.163 88.4 .152 84.0 .388 145.5 .135 78.5 .062 144.6 .073 163.9 .068 158.1.174 94.5 .162 89.5 .350 131.4 .113 65.4 .062 144.6 .083 186.5 .068 158.1.174 94.5 .160 88.4 .325 122.0 .126 73.3 .062 144.6 .083 186.5 .068 158.1

C71CD

AVERAGE WHOLESALE PRICES OF COMMODITIES

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

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Chart 11 O*O

WHOLESALE PRICES, I860 TO 1924

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

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Chart 11a400375350325300275250225200175

150

125

100

7 5

5 0

40

07)

AVERAGE WHOLESALE PRICES OE COMMODITIES

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

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T able 9.—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924—Continued 05toFarm products

(c) Other farm products

ear or month Onions Peanuts: No. 1 grade Potatoes: White Potatoes: Sweet Rice

New York, average price per barrelNew York, average price per 100 pounds

Chicago, average price per sack

Chicago, average price per 100poundsRela­tiveprice

Average price per poundRela­tiveprice

Ordinary to fancy, average price per 100pounds

Good to choice, average price per 100pounds

Rela­tiveprice

Jersey, No. 1, average price per f-bushel basket

Rela­tiveprice

Blue Rose, head, average price 1 per pound

Domestic, choice, average price per pound

Hondu­ras, head, average price per poundRela­tiveprice

) $4.344 193.4 $0,993 100.4 $0,061 109.24.125 183.8 1.288 130.3 .064 115.05 3.604 160.6 .758 76.6 .057 102.7\ 3.188 142.0 1.119 113.2 .046 82.9[ 3.250 144.8 1.021 103.3 .053 94.93.115 138.7 .721 72.9 .053 96.25 1.948 86.7 .328 33.1 .052 93.7r 3.927 174.9 .547 55.3 .054 97.83.271 145.8 .849 85.9 .061 109.7) 3.224 143.7 .695 70.3 .061 109.62.427 108.2 .623 63.0 .055 98.93.500 155.9 .940 95.1 .055 98.9> 3.646 162.4 .993 100.4 .056 100.9i 3.568 158. 9 .875 88.5 .057 102.3[ 3.557 158.5 1.217 123.1 .044 79.63.239 144.2 .671 67.9 .042 75.33.292 146.6 .913 92.3 .047 85.6r 3.500 155.9 .819 82.8 .053 96.4\ 3.536 157.5 1.187 120.0 .062 112.6)_____ 3.089 137.6 1.143 115.6 .062 111.7

) 2.964 132.1 .713 72.1 .055 98.71 3.104 $1,804 138.3 1.284 129.9 .050 90.4l 2.120 162.6 1.522 154.0 .055 98.7\ 1.804 $0.857 100.0 $0.036 100.0 .989 $1.024 100.0 $0.483 100.0 .055 $0.051 100.0l........................ 1.510 176.3 .040 113.2 1.155 112.8 .482 99.8 .051 , 101.4

1891.1893.1894.1895.1897.1898.1900.1901.1902.1903.1904.1905..1906.1907.

1911.1914.

WHOLESALE PRICES, 1890 TO 1924

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1915 __________ __________1916 __1917 __1918 __1919 __1920 __1921 __1922 __1923 ...................... . .January. __ February..March___April____May____June____

July_____August___September.October__November.December-1924........ ........January. __ February..March___April____May____June____

July-------August___September. October. _. November. December.

.598 ! 1.313 2.664 1.0591.953 1.156 1. 329 $2. 438 3. 757

3.179 2.5702.625 2.5943. 938 4.0884. 4094. 688(2)2.875 2.680 2.6882.6252. 501 2. 750 2. 3692. 438 2.100 2.0923. 5713.930 2. 769 2.1901. 669 1. 6062. 325

69. 7153. 2310. 9123. 6228. 0134. 9155. 1239. 0202. 3163. 5167. 0165. 0250. 5259. 9280. 4298. 1182. 9170. 5170. 9167. 0159. 0175. 0150. 6155. 1133. 5133. 1227. 2250. 0176. 0139. 3106. 1102. 2147. 8

035 97.5036 101.4069 193.8098 276.6074 207.9081 229.0053 148.7042 117.5063 178.6068 191.5072 202.5070 195.8066 184.8066 184.8066 184.8066 184.8066 184.8056 158.6059 166.5054 151.5053 149.6063 178.6055 155.2056 158.6056 156.6059 166.5059 167.3061 170.7070 197. 5076 213.0073 205.4070 197.2065 183.9061 171. 5

1 No 1913 base price

.758 74.0 .716 148.3 $0,040 .048 93.91. 851 180.8 .585 121.3 .038 .045 89.53.204 313.0 1.156 239.5 .063 .085 128.01. 620 158.3 1.283 265.7 .082 .089 175.32.378 232.3 1. 647 341.3 .098 . 106 209.14.343 424.2 1.364 282.5 .096 .107 210.71. 790 174.8 1.103 228.6 .033 .044 86.41. 693 165.3 .892 184.9 .044 .059 116.41.457 142.4 .824 170.7 .041 .055 108.7.960 93.8 .563 116.6 .039 .058 114.6.988 96.5 .531 110.1 .039 .058 114.61.100 107.4 .530 109.8 .039 ________ .056 110.71.325 129.4 .613 126.9 .039 .055 108.91.731 169.1 .788 163.2 .038 .056 109.71.886 184.2 1. 025 212.4 .038 .056 110.32. 267 221.4 (2) .038 .054 106.32.238 218.5 (2) .039 .055 109.11. 713 167.3 .956 198.2 .044 .053 104.71.110 108.4 .694 143.8 .048 .053 103. 61.038 101.3 1.090 225.9 .048 . 053 103.61. 075 105.0 1. 556 322.5 .046 . 055 108.11. 372 134.0 2.097 434.5 .055 .059 115.61. 435 140.2 1. 925 398.9 .046 .056 111.21. 381 134.9 2.165 448.6 .047 .057 112.21. 256 122.7 2. 363 489.5 .049 .055 109.11. 295 126.5 2. 481 514.2 .052 .056 111.01. 625 158.7 2. 940 609.2 .057 . 058 114.62. 062 201.4 (2) .059 .059 116.01. 775 173.4 (2) .059 .059 116. 01. 463 142.8 (2) .059 .059 116.01. 220 119.2 (2) .058 .058 115.2.881 86.1 1.025 212.4 .053 .057 112.2.944 92.2 1.294 268.1 .056 .062 122.31.125 109.9 1. 550 321.2 .061 .066 130.4

2 No quotation.

C*CO

AVERAGE WHOLESALE PRICES OE COMMODITIES

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1890.1891.1892.1893.1894.1895.1896-1897.1898.1899.1900.1901.1902.1903.1904.1905-1906-1907-1908-1909.1910.1911.1912.1913.1914.

Table 9.—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924—Continued a>

Farm products

(c) Other farm products

Tobacco: Leaf, aver­age w a r e h o u se sales, KentuckyTobacco: Burley,dark red, good leaf, Louisville

Average price per 100 poundsRelativeprice

Average price per 100 poundsRelativeprice

Fine ( X and XX grades), av­erage price per pound

$15.063 114.117. 598 133.3

$0,716.686.612.564.377.394.496.615.623.659.545.577.6 8 6

.759.718.718.716.738

$8. 909 100. 07.484 84.0

15. 537 11. 346 11.428 13.202 14. 654'

117.785.986.6

100.0111.0.686.647.647.589.579

Fine cloth­ing, aver­age price per pound

Wool

Domestic: Ohio, scoured fleece

RelativepriceFine delaine, average price per pound

RelativepriceHalf- blood, average price per pound

RelativepriceMedium (U and H grades), av­erage price per pound

Rela­tiveprice

121.6116.5103.995.875.6

$0.614 .582 .578 .462 .354

130.4123.6112.098.175.2

64.066.984.2104.5105.9

.328.319.400.481.497

69.667.6 84.9102.0105.4

112.092.698.0111.2116.6

.530.432.444112.491.694.2103.4

128.9122.0122.0121.7125.3

.535.513.516.490.543

113.5 108.8109.5 104.0 115.3116/6109.9109.9 100.098.3 $0. 569 .596 100.0104.8 $0. 553 .576 ioo.’o’l104.3 I

.488.449.479.471.440

103.7 95. a101.7 100.993.4

WHOLESALE PRICES, 1890 TO 1921

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1915 .....1916 ..........................................1917 .....1918 .....1919 ..........................................1920 __________ __________1921. ..........................................1922. ..........................................—1923_________January. February..M arch-----April.........M ay-------June..........

Ju ly .........August___September. October.. . NTovember. December.1924----- .._____January. February..March-----April-------M ay..........June_____

July_____August___September. October-. _ November. December.

6.94910.30016.79323.01422.10214.59511.78414.45015.058 23.838 22.581 18.775 13.835 11.530 11.21610.25614.50212.85013.60611.58416.12314.729 19.125 17.655 14.443 12.506 10.295 9.31511.907 13.536 14.550 17.341 18.294 17.781

78.0115.6188.5258.3248.1163.8132.3162.2169.0267.6253.4210.7155.3129.4125.9115.1162.8144.2152.7130.0181.0165.3214.7198.2 162.1140.4115.5104.5133.6151.9163.3 1916205.3199.6

13.789 15.231 22.302 36.56732.34634.18329.29327.50027.77927.50027.50027.50027.50027.500 27.80028.00028.00028.00028.00028.00028.00026.048 28.000 28.000 28.000 28.000 28.000 25.37524.50024.50024.500 2150024.500 21500

104.4115.4168.9277.0245.0258.9221.9208.3210.4208.3208.3208.3208.3208.3 210.6212.1 212.1 212.1 212.1 212.1 212.1197.3 212.1 212.1 212.1 212.1 212.1* 192.2185.6185.6185.6185.6185.6185.6

.665.7751.402112.9 .714 125.6 .759 137.4 .571 121.3131.7 .840 147.8 .852 154.1 .680 144.3$1,471 238.2 1.534 269.7 1.379 249.5 1.164 247.01.804 292.3 1.881 330.8 1.746 316.0 1.440 305.6

1.728 279.9 1.885 331.5 1.678 303.6 1.189 252.51.673 271.1 1.897 333.6 1.554 281.3 .971 206.2.791 128.2 .927 163.0 .761 137.7 .508 . 107.81.219 197.5 1.238 217.7 1.040 188.2 .782 166.01.376 223.0 1.333 234.5 1.196 216.4 .979 207.81.405 227.7 1.357 238.7 1.174 212.4 .982 208.41.432 232.0 1.357 238.7 1.217 220.3 1.000 212.31.432 232.0 1.381 242.9 1.217 220.3 1.000 212.31.460 236.3 1.405 247.1 1.217 220.3 1.018 216.21.460 236.3 1.405 247.1 1.217 220.3 1.018 216.21.432 232.0 1.357 238.7 1.196 216.4 .982 208.41.405 227.7 1.333 234.5 1.217 220.3 1.000 212.31.324 214.4 1.286 226.1 1.174 212.4 .946 200.71.324 214.4 1.262 221.9 1.174 212.4 .946 200.71.270 205.8 1.262 221.9 1.174 212.4 .946 200.71.270 205.8 1.286 226.1 1.174 212.4 .946 200.71.297 210.1 1.310 230.3 1.196 216.4 .964 204.61.322 214.1 1.379 242.5 1.234 223.3 .997 211.71.324 214.4 1.333 234.5 1.196 ,216.4 .982 208.41.351 218.9 1.333 234.5 1.217 220.3 1.000 212.31.324 214.4 1.333 234.5 1.217 220.3 1.000 212.31.270 205.8 1.310 230.3 1.196 216.4 .964 204.61.243 201.3 1.238 217.7 1.130 204.6 .927 196.91.108 179.4 1.214 213.6 1.087 196.7 .836 177.61.216 197.0 1.286 ! 226.1 1.130 204.6 .873 185.31.243 201.3 1.333 234.5 1.174 212.4 .927 196.91.351 218.9 1.429 251.2 1.261 228.2 1.000 212.31.405 227.7 1.476 259.6 1.304 236.0 1.055 223.91.460 236.3 1.595 280.5 1.413 255.7 1.146 243.21.568 253.9 1.667 293.1 1.478 267.5 1.255 266.3

<telto>Otei

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WHOLESALE PRICES, 1890 TO 1924

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Chart 12a

(Average price In 1913 s 100.)

400375350326300275250225200175

150

125

100

75

50

40

05-3

AVERAGE WHOLESALE PRICES OF COMMODITIES

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

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1890.1891.1892.1893.1894.1895.1896.1897.1898.1899.1900.1901.1902.1903.1904.1905.1906.1907.1908.1909.

T a ble 9 .—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924—Continued

Farm products

0500

(c) Other farm products

Wool

Domestic: Territory, scoured fleece Foreign

Fine and fine medium, staple Half-bloodArgentine: Crossbreds, grease basis

High quarter-blood Straight quarter-bloodAustralian: Geelong, 56s, scoured basis

Montevideo: Highquarter blood, 50s, grease basis

Average price per poundRelativeprice

Combing, average price per poundStaple, average price per pound

RelativepriceAverage price per pound

RelativepriceAverage price per pound

RelativepriceAverage price per pound

RelativepriceAverage price per pound

Relativeprice

WHOLESALE PRICES, 1890 TO 1924

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1910...................1911. ............1912. ............1913. ...... .....1914 ..............1915 ..............1916 ..............1917-.................1918_.................1919...................1920. ............1921. ............1922. ............1923_.................January—February—March.......April..........M ay..........June...........

July...........August----September.October__November.December.1924..................January—February—March.......April..........M ay_____June...........

July...........August___September.October__November.December-

15.562 100.0 $0,528 100.0 $0,362 100.0 $0,340 166.6 $0,647 100.0 $0,354 165.6.593 105.5 .571 108.2 .281 77.5 .239 70.4 .536 82.9 .280 79.1.707 125.8 .693 80.675 131.3 .400 110.5 .370 108.8 .632 97.7 .400 113.0.845 150.4 .762 148.2 .460 127.0 .439 129.2' .779 120.5 .470 132.71.568 279.2 1.455 283.1 .680 187.8 .643 189.2 1.262 195.1 .710 200.51.815 323.1 1.714 333.5 .800 220.9 .748 220.1 1.517 234.5 .820 231.61.775 316.0 1.640 319.1 600 165.7 .505 148.5 1.322 204.4 .690 194.9

1.604 285.6 1.417 275.6 • .380 104.9 .279 82.1 1.126 174.1 .520 146.9.828 147.5 .685 133.3 .220 60.8 .183 53.9 .518 80.0 .250 70.61.238 220.5 1.075 209.2 .405 111.8 .344 101.2 .628 97.2 .434 122.61.379 245.5 1.238 240.8 .504 139.1 .407 119.7 .719 111. 1 .541 152.71.400 249.2 1.225 238.3 .520 143.6 .414 121.7 .701 1 108.4 .564 159.21.400 249.2 1.225 238.3 .580 160.2 .453 133.1 .735 | 113.7 .621 175.51.400 249.2 1.275 248.0 .606 167.4 .480 141.2 .735 i 113.7 .638 180.21.450 258.1 1.250 243.2 610 168.5 .485 142.6 .735 | 113.7 .640 180.71.500 267.0 1.350 262.6 .610 168.5 .485 142.6 .735 ! 113.7 .640 180.71.450 258.1 1.330 258.7 .592 163.5 .479 140.9 .735 j 113.7 .614 173.41.350 240.3 1.250 243.2 .555 153.3 .463 136.0 .710 109.8 .570 161.01.300 231.4 1.200 233.5 .545 150.5 .455 133.8 .685 ! 105.9 .565 159.61.300 231.4 1.150 223.7 .533 147.2 .451 132.6 .685 105.9 .544 153.61.300 231.4 1.150 223.7 .290 80.1 .223 65.4 .685 ; 105.9 .343 96.71.350 240.3 1.200 233.5 .290 80.1 .225 66.2 .685 l 105.9 .356 100.61.350 240.3 1.250 243.2 .309 85.3 .261 76.8 .781 120.8 .387 109.31.407 250.5 1.314 255.5 .407 112.5 .359 105.4 .905 139.9 .463 130.71.359 241.9 1.300 252.9 .360 99.4 .299 87.9 .824 127.4 .426 120.41.385 246.6 1.325 257.7 .375 103.6 .315 92.6 .860 133.0 .435 122.81.410 251.0 1.325 257.7 .375 103.6 .315 92.6 .860 133.0 .435 122.81.366 243.2 1.263 245.5 .375 103.6 .320 94.1 .860 133.0 .435 122.81.325 235.9 1.279 248.8 .371 102.5 .331 97.4 .833 128.8 .399 112.71.297 230.9 1.245 242.1 .365 100.8 .325 95.6 .815 126.0 .395 111.61.295 230.5 1.231 239.5 .365 100.8 .325 95.6 .815 126.0 .395 111.6’ 1.348 239.9 1.255 244.1 .379 104.7 .331 97.4 .861 133.1 .419 118.31.418 252.4 1.305 253.8 .409 112.9 .380 111.8 .918 141.9 .473 133.41.475 262.6 1.330 258.7 .450 124.3 .413 121.3 .960 148.4 .534 150.81.544 274.8 1.406 273.5 .518 143.1 .457 134.4 1.066 164.8 .586 165.51.630 290.2 1.475 286.9 .541 149.5 .491. 144.5 1.188 183.6 .625 176.5

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T a ble AVERAGE WHOLESALE PRICES OP COMMODITIES, 1890 TO 1924—Continued

Foods

(a) Meats

Beef: FreshYear or month

Carcass, good native steers, ChicagoSteer, loins, ends (hips), Chicago

Steer, ribs, No. 2, Chicago Steer, rounds, No. 2, Chicago Native sides, New York Loins, No. 2, city, New York Ribs, No. 2, city, New York Rounds, No. 2, city, New York

Average price per poundRela­tiveprice

Average price per poundRela­tiveprice

Average price per poundRela­tiveprice

Average price per poundRela­tiveprice

Average price per poundRela­tiveprice

Average price per poundRela­tiveprice

Average price per poundRela­tiveprice

Average price per poundRela­tiveprice

1800 _______________ $0,069 55.01801 .082 65.4.076 60.91803 .081 64.91804 .075 59.7isos .079 63.3180ft .070 55.81807 .077 61.41808 .078 62.41809 .084 66.7100ft .080 64.21901......................................... .079 62.91902 _____________ .097 77.61903 _________ _____ .078 62.61904 .082 65.3190S ___________ .080 64.1190ft ___________ .078 62.31907 _____________ .088 70.6inoc *A 1AK Ol 9 • 093 74 01909 ............................. 110 84.6 .095 75.81910 .115 89.1 .103 82.01911 __________ .112 86.6 .098 78.41912 __________ .133 102.6 .121 96.91918......................................... .130 100.0 90.168 100.0 90.157 100.0 90.181 166.6 .125 100.0 90.158 100.0 $0,151 100.0 $0.121 100.01914......................................... .136 105.3 .171 102.2 .162 103.1 .133 101.6 .135 107.5 .184 116.0 .167 110.7 .128 105.5

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WHOLESALE PKICES, 1890 TO 1924

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1915......................................... .1291916......................................... .1381917......................................... .1671918......................................... .2211919......................................... .2331920......................................... .2301921......................................... .1631922......................................... .1501923 .158January____ ________ .154February____________ .148March_____ ________ .145April............................... .145M ay________________ .145Juno................................. .151

July .158August______________ .158September___________ .175October_____________ .175November___________ .175December___________ .1711924.................................. ....... .171January_____________ .170February____________ .170March______________ .170April................................ .170May________________ .170June________________ .168

July________________ .165.'165August_____________September_____ _____ .165October...... ........ ......... . .172November___________ .183December....................... .183

99.5 .176 105.1 .146 93.2106.7 .191 113.8 .162 103.1129.1 .215 128.4 .198 125.8170.9 .292 173.9 .274 174.3180.2 .313 186.6 .314 199.9177.9 .350 208.8 .315 200.6125.6 .265 157.9 .213 135.5115.9 .255 151.9 .221 141.0122.1 .272 162.4 .242 154.1118.8 .295 175.9 .260 165.6113.9 .270 161.0 .245 156.1112.0 .240 143.1 .196 124.8112.0 .248 147.6 .193 122.6112.0 .240 143.1 .203 129.0116.6 .254 151.5 .222 141.4121.6 .283 168.5 .255 162.4121.6 .292 174.1 .262 166.9135.1 .300 178.9 .283 179.9135.1 .293 174.4 .283 179.9135.1 .280 167.0 .264 168.2132.3 .280 167.0 .243 154.5131.8 .260 154.8 .242 154.3131.3 .280 167.0 .263 167.2131.3 .280 167.0 .270 172.0131.3 .280 167.0 .260 165.6131.3 .280 167.0 .285 168.8131.3 .280 167.0 .278 177.1129.3 .288 171.4 .260 165.6127.4 .270 161.0 .235 149.7127.4 .270 161.0 .230 146.5127.4 .245 146.1 .223 141.7132.8 .230 137.1 .202 128.7140.9 .208 123.7 .210 133.8140.9 .200 119.3 .210 133.8

.124 94.7 .126 100.2 .171 108.2 .158 104.6 .124 102.8.130 99.2 .134 106.9 .181 114.2 . 1G8 111.6 .130 107.9.162 123.4 .164 131.0 .217 137.4 .211 139.7 .170 140.7.221 168.4 .209 166.5 .299 189.1 .285 189.1 .241 199.1

.224 171.4 .215 171.6 .366 231.5 .324 214.7 .231 190.7.213 162.6 .203 164.4 .371 234.4 .309 205.0 .224 185.2.145 110.4 .148 118.5 .285 179.9 .230 152.5 .155 128.1.145 110.5 .138 110.1 .258 162.8 .211 139.7 .136 112.5

.154 117.3 .145 116.1 .290 183.2 .223 147.7 .146 120.6.135 103.1 .140 111.8 .280 177.0 .210 139.3 .120 99.3.138 105.0 .135 107.8 .280 177.0 .210 139.3 .120 99.3.145 110.8 .127 101.4 .281 165.0 .213 141.2 .120 99.3.145 110.8 .139 110.9 .248 156.4 .200 132.6 .123 101.3.146 111.8 .145 115.4 .285 180.2 .200 132.6 .130 107.5.163 124.5 .143 113.8 .310 196.0 .210 139.3 .158 130.7

.185 141.3 .160 127.4 .310 196.0 .238 157.5 .180 148.9.184 140.6 .149 118.8 .310 196.0 .250. 165.8 .185 153.0.173 131.8 .148 117.8 .310 196.0 .250 165.8 .171 141.7.155 118.4 .151 120.2 .310 196.0 .245 162.5 .150 124.1.136 103.9 .142 113.3 .296 187.1 .230 152.5 .146 120.8.135 103.1 .166 132.8 .275 173.8 .215 142.6 .140 115.8

.152 116.1 .151 120.4 .296 187.2 .215 142.3 .144 118.7.139 106.0 .160 127.4 .280 177.0 .223 147.5 .138 113.7.145 110.8 .153 121.8 .287 181.4 .219 145.2 .130 107.5.150 114.6 .158 126.3 .283 165.9 .198 131.0 .130 107.5.155 118.4 .160 127.4 .278 175.4 .210 139.3 .135 111.7.169 129.1 .161' 128.8 .310 196.0 .227 150.5 .143 118.3.175 133.7 .145 115.8 .310 196.0 .221 146.8 .155 128.2

.170 129.9 .147 117.0 .310 196.0 .210 139.3 .155 128.2.169 129.1 .141 112.3 .310 196.0 .213 141.2 .169 139.8.160 122.2 .146 116.2 .300 189.6 .215 142.6 .160 132.3.136 103.9 .144 115.3 .300 189.6 .215 142.6 .136 112.5.129 98.4 .139 111.3 .300 189.6 .211 140.1 .135 111.7.125 95.5 .154 123.0 .300 189.6 .210 139.3 .135 111.7

AVERAGE WHOLESALE PRICES OF COMMODITIES

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‘ T a ble 9 .—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924-Continued

Year or month

Foods

(a) Meats

Beef: SaltHams:Smoked Lamb:Dressed Mutton:Dressed

Pork: Fresh, loins Pork: Cured

Extra mess Chicago Western, New York Salt, mess Rough sides Short clear sides

Aver­agepriceperbarrelRela­tiveprice

Aver­agepriceperpolledRela­tiveprice

Aver­agepriceperpoundRela­tiveprice

Aver­agepriceperpoundRela­tiveprice

Aver­agepriceperpoundRelativeprice

Aver­agepriceperpoundRela­tiveprice

Aver­agepriceperbarrelRela­tiveprice

Aver­agepriceperpoundRela­tiveprice

Aver­agepriceperpoundRela­tiveprice

ifton $6,960 36.8 $0,100 59.9 $0,093 91.0 $12.150 54.1 $0,059 47.4 $0,060 47.31891 8.365 44.2 .098 59.1 .087 84.5 11.303 50.3 .068 55.1 .070 54.91892 . . . ___ 6.797 35.9 .108 64.7 .091 89.2 11.525 51.3 .076 61.8 .079 61.81893 8.194 43.3 .125 75.1 .080 78.3 18.339 81.6 .101 81.7 .105 82.31894 8.093 42.8 .102 61.3 .061 59.0 14.126 62.9 .074 59.5 .075 58.91895 8.127 42.9 .095 57.0 .062 60.5 11.826 52.6 .063 51.1 .065 51.01896 7.510 39.7 .094 56.7 .063 61.0 8.940 39.8 .048 38.8 .049 38.81807 7.676 40.6 .089 53.8 .073 71.0 8.909 39.6 .052 42.2 .054 42.51808 9.156 48.4 .081 48.6 .074 72.0 9.868 43.9 .059 48.1 .060 46.81899 9.289 49.1 .092 55.5 .071 69.4 9.346 41.6 .056 45.1 .058 45.81900 9.754 51.5 .103 61.7 .073 70.9 12.507 55.7 .073 59.2 .075 59.01901 . 9.320 49.3 .108 64.7 .068 65.9 15.611 69.5 .087 70.3 .089 69.91902 11.789 62.3 .121 72.9 .074 72.0 17.940 79.8 .105 84.6 .107 84.21903 9.067 47.9 .127 76.5 .074 72.6 16.651 74.1 .094 75.9 .096 75.31904 8.769 46.3 .107 64.5 .078 75.9 14.029 62.4 .076 61.2 .078 60.81905................................ 10.024 53.0 .105 62.9 .086 83.8 14.418 64.2 .078 63.3 .080 62.81906 ............................... 8.846 46.7 .124 74.3 .091 88.8 17.512 77.9 .092 74.4 .094 73.91907 .................................. 9.817 51.9 .130 78.4 .088 85.4 17.568 78.2 .092 74.4 .095 74.91908 13.184 69.7 .113 67.1 .086 84.2 15.974 71.1 .087 70.4 .090 70.71909 11.023 58.2 .131 78.8 .090 87.7 21.344 95.0 .113 91.7 .117 92.11910 14.589 72.1 .164 98.9 .101 98.0 23.738 105.6 .129 104.4 .133 104.61911 12.909 68.2 .140 84.1 .075 73.4 19.159 85.3 .093 75.1 .095 74.51912_ 15.793 83.5 .143 86.0 .084 81.9 19.285 85.8 .108 87.2 .111 86.91918....................................... 18.923 100.0 .166 100.0 $0,149 100.0 .108 100.0 $0.149 100.0 $0.152 100.0 22.471 100.0 .124 100.0 .127 100.01914........................................ 19.755 104.4 .167 100.5 .152 101.9 .101 98.5 .154 103.8 .163 107.0 22.736 101.2 .130 104.8 .132 103.8

WHOLESALE PRICES, 1890 TO 1924

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1915 ..............1916 ..............1917 ..............1918 .............1919...................1920 ..............1921 .............1922 ..............1923 ..............January___February..March........April...........M ay...........June...........

July______August.......September .October___November.December..1924....................January___February . . .March____April...........M ay...........June...........

July............August....... .September .October___November..December..

18.639 98.5 .153 92.1 .164 110.0 .107 104.718.939 100.1 .185 111.3 .183 123.0 .125 122.028.250 149.3 .252 151.6 .240 161.2 .166 162.333.049 174.6 .318 191.5 .270 181.8 .198 193.431.080 164.2 .343 206.6 .277 186.3 .167 162.718.058 95.4 .334 201.0 .291 195.8 .162 158.214.750 77.9 .268 161.1 .205 137.7 .104 101.213.312 70.3 .264 159.1 .255 171.1 .120 116.715.875 83.9 .212 127.3 .253 170.3 .119 116.214.050 74.2 .202 121.5 .244 1Q10 .115 112.216.813 88.8 .203 121.8 .240 161.4 .108 104.918.000 95.1 .206 124.1 .240 161.4 .109 106.117.250 91.2 .212 127.7 .230 154.7 .120 117.116.100 85.1 .211 127.1 . .265 178.2 .136 132.715.000 79.3 .211 126.7 .300 201.7 .096 94.015.000 79.3 .217 130.3 .288 193.3 .111 108.315.000 79.3 .223 133.9 .268 180.2 .118 114.615.000 79.3 .223 133.9 .260 174.8 .125 122.015.900 84.0 .219 131.5 .230 154.7 .126 122.916.500 87.2 .209 125.6 .236 158.7 .124 120.816.500 87.2 .205 123.2 .230 154.7 .140 136.616.708 88.3 .202 121.5 .251 169.0 .145 141.716.500 87.2 .193 116.1 .223 149.6 .145 141.516.500 87.2 .184 110.9 .240 161.4 .154 150.015.500 81.9 .189 113.6 .273 183.3 .178 173.215.700 83.0 .190 114.3 .280 188.3 .190 185.416.500 87.2 .194 116.6 .284 191.0 .159 154.916.500 87.2 .196 118.1 .285 191.7 .129 125.716.500 87.2 .204 122.9 .275 184.9 .148 144.416.750 88.5 .222 133.5 .251 168.8 .135 131.717.500 92.5 .223 133.9 .230 154.7 .123 120.017.500 92.5 .216 129.9 .215 144.6 .104 101.317.500 92.5 .205 123.3 .224 150.5 .130 126.817.500 92.5 .207 124.5 .240 161.4 .143 139.5

.143 96.2 .148 97.2 18.317 81.5 .113 91.3 .116 9a 7.162 108.9 .170 111.6 2a 770 119.1 .146 118.3 .149 116.7.244 163.9 .245 160.7 41.765 185.9 .238 192.7 .248 194.9.295 198.2 .312 204.8 48.240 214.7 .261 211.1 .279 219.2

.315 212.0 .350 229.9 52.190 232.3 .266 215.5 .291 228.5.307 206.6 .315 207.0 37.221 165.6 .192 155.6 .207 162.2.225 151.1 .259 170.3 26.611 118.4 .124 100.2 .135 105.6.214 143.9 .236 154.9 27.284 121.4 .133 107.4 .141 l ia 3

.180 120.8 .190 124.9 26.322 117.1 .114 91.8 .120 94.0.155 104.3 .175 114.9 27.800 123.7 .128 103.8 .132 103.5.156 105.2 .175 114.9 27.500 122.4 .123 99.8 .127 99.6.148 99.6 .167 109.7 27.375 121.8 .126 101.9 .131 102.5.153 102.6 .168 110.0 27.500 122.4 .113 91.5 .123 96.2.193 129.5 .193 126.4 27.150 120.8 .104 84.0 .114 89.3.160 107.7 .177 116.2 25.688 114.3 .104 810 .113 88.8

.195 131.2 .173 113.3 25.150 111.9 .106 85.6 .112 88.1.230 154.8 .217 142.5 24.750 110.1 .104 815 .110 sa 3.273 183.4 .280 183.8 25.563 113.8 .111 90.0 .118 92.2.210 141.3 .243 159.2 25.700 114.4 .113 91.7 .120 94.4.156 105.0 .169 111.0 25.875 115.1 .116 911 .123 96.6.133 89< 2 .155 101.8 25.688 114.3 .114 92.3 • U5 90.3

.192 129.1 .198 129.8 27.915 124.2 .134 108.5 .144 112.9.144 96.8 .160 105.1 24.700 109.9 .104 814 .108 84.6.139 93.5 .151 99.1 24.500 109.0 .106 85.4 .108 84.9.156 105.2 .153 100.1 25.063 111.5 .104 84.0 .109 85.4.183 122.8 .183 119.8 25.100 111.7 .104 84.0 .109 85.8.190 127.9 .193 126.7 25.875 115.1 . 109 88.0 .114 89.3.181 122.0 .200 131.3 26.750 119.0 .109 88.0 .121 95.2

.180 121.1 .183 119.8 26.350 117.3 .119 96.1 .131 103.1.248 166.9 .247 162.2 28.688 127.7 .164 133.0 .175 137.4.273 183.4 .265 174.0 29.750 132.4 .164 132.5 .174 136.4.254 17a 9 .265 174.0 30.375 135.2 .173 14a 0 .191 150.2.173 116.1 .188 123.1 33.375 148.5 .173 139.6 .191 150.2.166 111.9 .170 111.6 34.500 153.5 .182 147.1 .195 153.1

-300

AVERAGE WHOLESALE PRICES OF COMMODITIES

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1890.1891.1892.1893.1894.1895.1896.1897.1898.1899.1900.1901.1902.1903.1904.1905.1906.1907.1908.1909.

Table 9.—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924—Continued

Foods

(a) Meats

Poultry: Dressed fowls Veal: Fresh

Iced, Chicago Western, dry packed, New YorkGood to prime, New York

Good,Chicago

Average price per poundRela­tiveprice

Average price per poundRela­tiveprice

Average price per poundAverage price per pound

$0.139 76.2. 162 88.8

(&) Butter, cheese, and milk

Butter

Rela­tiveprice

Creamery: Ex­tra, Boston Creamery: Firsts, Boston Creamery: Sec­onds, Boston Creamery: Ex­tra, ChicagoCreamery: Ex­tra firsts, Chicago

Average price per poundRela­tiveprice

Average price per poundRela­tiveprice

Average price per poundRela­tiveprice

Average price per poundRela­tiveprice

Average price per poundRela­tiveprice

WHOLESALE PRICES, 1890 TO 1924

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

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i 910-1911. .1912. . 1913-1914. .

2o 1915. ‘ 1916.

&

I 1917-L l918-S* 1919- 1920- hj 1921- C 1922CO 1923tJamr nuary__Febniary-March......April.........May____June.........

July_____August__September.October-November.December.1924- .......................January— February..March......April........May.........June.........

July..........August----September. October— November. December.

.176 96.5

.156 85.5

.162 88.530.145 io o .o .182 100.0 $0,181 100.0 $0,317 io o .o $0,297 100.0 $0,275 100.0 $o .s io 100.0 $0,297 100.0

.148 102.6 .184 100.7 .185 102.2 .294 92.6 .273 91.7 .245 89.1 .287 92.6 .273 92.0

.137 95.0 .175 97.3 .182 100.8 .293 92.2 .273 91.7 .251 91.2 .284 91.4 .274 92.4

.166 114.9 .212 116.2 .190 105.3 .334 105.4 .318 107.1 .302 109.9 .325 104.8 .318 107.1

.206 142.2 .251 137.7 .226 125.1 .415 130.8 .403 135.5 .388 140.9 .411 132.4 .403 135.9

.273 189.1 .342 187.4 .274 151.4 .506 159.6 .492 165.4 .467 169.7 .495 159.3 .489 164.5

.297 205.3 .357 195.2 .302 166.9 .598 188.6 .578 194 3 .550 199.8 .586 188.7 .572 192.6

.322 222.7 .385 211.2 .316 . 1749 .600 189.2 .568 191.2 .520 189.2 .584 188.1 .568 191.4

.262 180.9 .342 187.7 .301 166.6 .431 135.9 .400 134 7 .361 131.3 .416 134.0 .400 134.9

.247 170.9 .279 153.1 .300 $0,154 165.9 .404 127.3 .376 126.4 .344 125.0 .390 125.8 .377 127.0

.245 169.2 .275 150.7 .165 17a 0 .471 148.4 .453 152.2 .426 155.1 .460 148.3 .444 149.6

.243 168.0 .243 133.0 .168 180.2 .517 163.0 .495 166.5 .470 170.7 .503 162.0 .487 164.0

.258 17a 1 .268 146.7 . i a s 196.4 .508 160.0 .493 165.7 .474 172.3 .500 161.1 .482 162.3

.255 176.3 .292 160.1 .167 179.7 .510 160.8 .500 168.2 .486 176.8 .493 158.7 .484 162.8

.259 179.0 .295 161.7 .153 1641 .475 149.7 .468 157.5 .459 166.8 .451 145.3 .429 144.6

.270 186.7 .298 163.1 .157 168.9 .424 133.7 .416 139.8 .404 146.9 .403 129.7 .395 133.1

.228 157.3 .286 156.8 .163 175.5 .395 124 5 .385 129.5 .368 133.9 .393 126.4 .372 125.3

.239 165.3 .250 137.1 .178 191.0 .393 123.7 .378 127.1 .353 128.3 .382 123.1 .369 124.2

.245 169.4 .264 144.7 .176 189.3 .437 137.8 .419 140.8 .393 142.7 .429 13a 1 .411 138.3

.250 172.9 .285 156.3 .190 2044 .464 146.2 .443 149.0 .419 152.3 .452 145.6 .436 146.7

.249 172.2 .325 17& 2 .171 184 3 .478 150.7 .459 154.2 .434 157.8 .464 149.3 .453 152.4

.218 150.4 .253 138.7 .137 147.3 .520 163.9 .486 163.3 .449 163.4 .515 165.9 .496 167.2

.218 150.4 .241 132.3 .150 161.4 .535 168.7 .498 167.3 .460 167.3 .534 172.0 .512 172.3

.249 172.1 .291 159.8 .155 166.9 .427 134 6 .409 137.4 .386 140.4 .410 132.2 .399 134.4

.241 166.7 .275 150.8 .173 185.6 .531 167.4 .508 170.9 .478 173.8 .524 i e a 7 .513 172.6

.248 171.2 .292 160.1 .173 186.1 .516 162.8 .508 170.9 .494 179.8 .496 159.9 .489 164.8

.263 181.5 .290 159.0 .165 177.5 .475 149.7 .466 156.8 .456 165.7 .449 144.6 .451 151.9

.265 183.3 .303 165.8 .165 177.5 .391 123.3 .383 128.8 .370 134.4 .367 118.3 .363 122.1

.268 185.0 .324 177.6 .163 175.4 .390 123.0 .380 128.0 .363 132.0 .369 119.0 .361 121.4

.251 173.8 .303 165.8 .150 161.4 .410 129.3 .399 134.3 .380 138.2 .394 128.9 .384 129.5

.235 162.5 .270 1 4 a 0 .154 165.7 .401 126.4 .387 130.0 .367 133.5 .378 121.8 .372 125.3

.254 175.5 .258 141.4 .159 170.9 .383 120.6 .369 124.0 .369 127.3 .362 116.7 .357 120.1

.261 180.5 .285 156.3 .159 170.9 .381 120.2 .366 123.0 .346 125.9 .366 118.0 .353 11A 7

.250 172.9 .326 17a 7 .144 155.0 .382 120.4 .353 118.7 .325 118.0 .373 120.0 .356 119.8

.228 157.3 .290 159.0 .125 134 5 .415 130.8 .381 128.3 .341 123.9 .413 132.9 .400 134.6

.227 157.0 .274 150.1 .130 139.9 .445 140.3 .404 135.9 .369 134.0 .434 139.7 .401 134.9

Cn

AVERAGE WHOLESALE PRICES OF COMMODITIES

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

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T a ble 9 .—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924—Continued O*Foods

(&) Butter, cheese, and milk

Butter

Year or month Creamery:Firsts,ChicagoCreamery: Extra, Cin­cinnati

Creamery:Cen- tralized firsts, CincinnatiCreamery: Cen­tralized sec­onds, Cincin­nati

Creamery: Fancy, New OrleansCreamery: Choice, New Orleans

Creamery: Extra, New York Dairy: New York State, average price per pound

Cream ery: Firsts, New York, average prce per pound

Rela­tiveprice

Creamery: Sec­onds, New York

Aver­agepriceperpoundRela­tiveprice

Aver­agepriceperpoundRela­tiveprice

Aver­agepriceperpound

Rela­tiveprice

Aver­agepriceperpound

Rela­tiveprice

Aver­agepriceperpound

Rela­tiveprice

Aver­agepriceperpound

Rela­tiveprice

Aver­agepriceperpoundRela­tiveprice

Aver­agepriceperpoundRela­tiveprice

1890................................. $0,228 70.6 $0,195 64.31891................................. .259 80.2 .238 78.31892................................. .261 81.0 .235 77.31893................................. .270 83.8 .252 82.91894................................. .229 70.9 .209 68.8 11895................................. .214 66.3 .188 61.91896-.-#......................... .184 57.1 .167 54.8 11897............................... .190 58.8 .168 55.4 i1898................................. .195 60.6 .175 57.51899............................. .213 65.9 .197 64.61900............... ................. .225 69.6 .212 69.61901............................. . .216 67.1 .201 66.01902.......................... .248 76.9 .232 76.31903...................... ....... .235 72.8 .215 70.71904............................... .219 67.9 .197 64.81905................................ .249 77.2 .234 76.91906................................. .249 77.2 .233 76.51907................................. .283 87.8 .267 87.91908................................. .271 84.1 .245 80.61909................................. .292 90.5 .265 87.3

WHOLESALE PRICES, 1890 TO 1924

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

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lain .301 93.2 .291 95.6 ,1911 .267 82.6 .257 84.6 , I1912 .314 97.3 .300 98.71918................................ 80.276 100.0 $0,847 100.0 $0,302 100.0 $0,256 100.0 $0,836 100.0 $0,821 100.0 .828 100.0 .804 $0.30i 100.0 $0,278 100.03914 .252 91.3 .328 94.5 .289 89.1 .222 86.6 .316 94.1 .302 93.9 .299 92.8 .279 92.6 .251 90.23915 .254 92.3 .324 93.3 .265 87.7 .230 89.8 .313 93.2 .301 93.7 .299 92.7 .282 93.5 .257 92.61919 .301 109.3 .365 105.2 .306 101.4 .276 107.8 .356 105.9 .347 108.1 .341 105.7 .327 108.6 .308 110.81917 .383 138.8 .441 127.1 .386 127.9 .358 139.8 .441 131.3 .434 135.0 .427 132.3 .411 136.4 .388 139.63918........ .469 170.2 .533 153.7 .487 161.3 .474 185.5 .526 156.4 .519 161.3 .516 160.1 .500 165.9 .469 168.71919______ .544 197.5 .622 179.3 .571 189.2 .563 220.3 .623 185.3 .614 190.9 .605 187.7 .577 191.5 .535 192.61920_____ .522 189.6 .624 179.7 .572 189.5 .551 215.4 .632 188.1 .622 193.5 .614 190.4 .573 190.1 .512 184.41921........ .359 130.3 .457 131. 7 .386 128.0 .343 134. 1 .464 137.9 .454 141.2 .434 134.4 .401 133.1 .349 125.71922........ .345 125.2 .396 114.1 .315 104.4 .300 117.3 .431 128.1 .421 130.9 .406 125.8 .376 124.6 .340 122.43923..................... .421 152.8 3.435 (2)(2) (2)(2)

.501 149.2 .492 153.0 .468 145.2 ------------ i .449 149.0 .424 152.7January___ .465 168.8 8.494 .546 162.5 .536 166.8 .516 159.9 ________ .493 163.4 .463 166.5February__ .463 167.9 3.475 (2) (2) .535 159.2 .525 163.3 .501 155.3 ________ ! .487 161.6 .468 168.5March— _ .472 171.1 3.470 (2) (2) .545 182.2 .535 166.5 .497 154.1 ________ ! .488 161.9 .478 ! 172.1April............... .422 153.3 3.440 (2) (2) .528 156.9 .518 161.0 .471 146.0 ________ .464 154.0 . 458 164.9May............ .383 139.1 3.388 (2) (2) .464 138.1 .454 141.3 .418 129.7 .412 136.5 .402 144.8June___ .354 128.3 3.380 (2) (2) .450 133.9 .440 136.9 .390 120.9 .378 125.5 .362 130.3Julv_ .351 127.5 3.366 (2) (2) .438 130.3 .428 133.2 .395 122.5 .378 125.3 .356 128.0August........ .389 141.1 3.405 (2) (2) .465 138.4 .455 141.6 .443 137.4 .419 139.0 .390 140.5September .410 148.8 3.425 (2)(2)

(2) .485 144.3 .475 147.8 .459 142.3 ________ 1 .438 145.2 .409 1 147.4October___ .429 155.9 3.422 (2) .496 147.6 .489 152.1 .476 147.5 ________ 1 .453 150.3 .423 152.3November. _ .451 163.8 3.480 (2) (2) .530 157.7 .520 161.8 .524 162.6 ________ i .489 162.2 .442 159.1December .461 167.3 3.495 (2) (2) .550 163.6 .540 168.0 .546 169.3 ________ ! . 506 167.8 .454 163.4

3924............ .379 137.4 3.376 (2) (2) .463 137.7 .453 140.9 .427 132.5 ................ .408 135.3 .379 136.3Jfl.mifl.rv .480 174.2 3.497 (2) (2) .567 168.7 .557 173.3 .531 164.5 ________ i .501 166.2 .458 164.9February .479 173.8 3.468 (2) (2) .556 165.5 .548 170.3 .506 157.0 ________ 1 .496 164.4 .478 171.9March .442 160.5 3.440 (2)(2) (2) .533 158.4 .523 162.6 .473 146.5 .460 152.6 .439 158.2April........... .353 128.2 3.357 (2) .446 132.7 .434 135.0 .389 120.5 .377 125.1 .357 128.5Mav .347 125.8 3.335 (2) (2) .420 125.0 .410 127.6 .391 121.2 .383 127.2 .361 130.1June__ _ .371 134.8 3.358 (2) (2) .440 130.9 .430 133.8 .415 128.6 .398 132.2 .371 133.7July .358 130.0 3.347 (2) (2) .444 132.1 .435 135.3 .400 124.0 .385 127.6 .365 131.2August .343 124.5 3.325 (2) (2) .423 125.7 .413 128.3 .383 118.7 .369 122.4 .348 125.1September .334 121.2 3.331 (2) (2) .414 123.2 .404 125.7 .378 117.1 .362 120.0 .341 122.7October .326 118.2 3. 315 (2) (2) .s403 119.8 .393 122.1 .384 119.1 .356 118.2 .326 117.2November _ ___ .357 129.4 3.343 (2) (2) .435 129.4 .425 132.2 .429 133.0 .386 127.9 .337 121.3December............... .361 130.9 3.391 (2) (2) .468 139.2 .458 142.5 .449 139.1 .419 138.9 .366 131.6

2 No quotation. 3 As to score.

AVERAGE WHOLESALE PRICES OE COMMODITIES

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

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T able 9 .—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924-Continued 00Foods

(6) Batter, cheese, and milk

18901891189218931894189518961897189818991900190119021903190419051906190719081909

Year or month

Butter Cheese

Creamery:Extra,PhiladelphiaCreamery: Extra firsts, Philadelphia

Creamery:Firsts,Philadelphia Creamery Creamery: Extra, San FranciscoCreamery: Firsts, San Francisco

Whole milk: American twins, Chicago

Whole milk: Colored, aver­age, fancy, New York

Aver­agepriceperpound

Rela­tiveprice

Aver­agepriceperpound

Rela­tiveprice

Aver­agepriceperpound

Rela­tivepriceT 'average price per pound

Extra, St. Louis, Mo., average price per pound

Rela­tiveprice

Aver­agepriceperpound

Rela­tiveprice

Aver­agepriceperpound

Rela­tiveprice

Aver­agepriceperpound

Rela­tiveprice

Aver­agepriceperpound

Rela­tiveprice

$0,224.250.253.258.219.206.179.184.189.208.218.211.241.230.218.243.246.276.269.289

72.781.3 82.2 83.971.367.158.359.761.367.470.868.778.474.870.878.979.9 89.787.5 94.0

$0,096.101.106.108.106.093.091.097.082.108.113.101.113.122.102.121.131.141.136.149

62.265.668.769.868.860.3 58.9 62.853.369.873.265.6 73.179.066.178.6 85.291.8 88.596.4

California flats: Fancy, SanFrancisco

Aver­agepriceperpound

Rela­tiveprice

WHOLESALE PRICES, 1890 TO 1924

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

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96.7 .157 102.085.9 .140 90.996.5 .165 106.7100.0 $0,317 100.0 $0,296 loo. 6 $6.142 100.0 .154 100.0 $0.159 100.093.6 .271 85.5 .247 83.4 .144 101.4 .152 98.5 .148 93.092.5 .262 82.7 .239 80.5 .142 100.4 .151 97.9 .132 82.5$0,329 106.4 .290 91.5 .275 92.8 .174 123.0 .181 117.1 .156 97.9.415 134.3 .398 125.5 .382 128.9 .227 160.0 .241 156.3 .213 133.6.502 162.5 .525 165.7 .503 169.8 .264 186.2 .268 173.7 .279 174.8

.589 190.7 .603 190.1 .564 190.4 .301 211.9 .315 204.4 .326 204.2.585 189.2 .602 189.8 .588 198.3 .262 184.5 .274 178.1 .307 192.7.413 133.7 .435 137.0 .401 135.5 .194 136.7 .204 132.4 .227 142.5.396 128.2 .433 136.6 .408 137.8 .204 143.9 .218 141.3 .228 143.0

.467 151.0 .487 153.7 .461 155.7 .232 163.5 .241 156.7 .256 160.7.510 165.0 .518 163.2 .510 172.1 .259 182.7 .270 175.2 .220 138.0.495 160.1 .495 156.1 .486 164.1 .240 169.3 .255 165.5 .233 145.9.503 162.8 .452 142.5 .445 150.2 .234 165.0 .249 161.8 .246 154.3.453 148.4 .448 141.1 .439 148.1 .207 145.9 .217 140.8 .220 138.0.414 134.0 .459 144.8 .449 151.5 .222 156.7 .225 146.0 .220 138.0.393 127.1 .476 150.2 .456 154.0 .234 165.3 .243 157.6 .260 163.1

.390 126.2 .456 143.9 .425 143.4 .218 153.6 .243 157.7 .259 162.4.437 141.4 .490 154.5 .446 150.5 .223 157.3 .249 161.8 .284 178.2.468 151.3 .518 163.2 .459 154.8 .243 171.0 .260 168.7 .295 185.1.478 154.5 .513 161.6 .460 155.3 .243 171.4 .256 165.8 .291 182.7.520 168.3 .515 162.4 .473 159.6 .239 168.6 .241 156.1 .289 181.3.543 175. G .519 163.6 .494 166.7 .221 155.5 .214 139.1 .253 158.4

.422 136.4 .437 137.8 .418 141.1 .196 138.4 .192 124.5 .223 140.1.539 174.4 .516 162.7 .499 168.4 .227 160.1 .205 132.7 .247 155.0.503 162.8 .490 154.5 .481 162.4 .215 151.6 .204 132.6 .243 152.1.466 150.9 .480 151.4 .475 160.3 .205 144.4 .198 128.6 .250 156.8.384 124.2 .404 127.3 .396 133.8 .171 120.8 .159 102.9 .220 138.0.378 122.4 .393 123.9 .380 128.3 .181 127.9 .160 103.6 .223 139.9.401 129.9 .420 132.5 .399 134.6 .185 130.5 .184 119.7 .223 139.6

.393 127.0 .415 m 9 .395 133.3 .181 127.6 .192 124.3 .218 136.8.378 122.4 .434 136.8 .403 135.8 .195 137.5 .193 125.3 .208 130.2.378 122.1 .411 129.7 .385 129.9 .202 142.3 .202 131.1 .204 127.9.383 124.0 .412 129.9 .389 131.3 .187 131.8 .188 121.7 .210 131.7.439 142.0 .420 132.5 .391 132.1 .187 131.6 .197 127.8 .219 137.3.430 139.2 .454 143.1 .425 143.4 .216 152.0 .218 141.5 .216 135.7

- 7CO

AVERAGE WHOLESALE PRICES OF COMMODITIES

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

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T a ble 9 .—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924—Continued 00o

WHOLESALE PRICES. 1800 TO 1924

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1915............................... 4.621 98.3 3,076 87.0 .044 102.81916.............................. 5.284 112.4 3.745 106.0 .047 109.81917-............................. 6.812 144.9 5.217 147.6 .068 160.01918............................... 7.348 156.3 5.639 159.5 .075 175.41919--........................... 8.211 174.7 6.350 179.7 .076 177.01920............................... 9.522 202.6 5.934 167.9 .093 218.71921............................... 7.061 150.2 5.101 1443 .080 187.41922............................... 5.247 111.6 4.137 117.0 .075 175.41923-............................. 6.240 132.8 4.708 133.2 .076 178.7Ja n u a ry ............... 6.150 130.9 4.825 136.5 .076 177.0February............... 6.150 130.9 4731 133.9 .076 177.0M arch................... 6.244 132.8 4.738 1340 .076 177.0April...................... 6.238 132.7 4 713 133.3 .076 177.0M ay..... ............... . 6.270 133.4 4660 131.8 .076 177.0June...................... 6.275 133.5 4 681 132.4 .076 177.0

Ju ly ....................... 6.325 134.6 4725 133.7 .076 177.0August.................. 6.325 134.6 4713 133.3 .076 177.0September........ .. 6.200 131.9 4675 132.3 .078 182.0Optober__............. 6.200 131.9 4.700 133.0 .078 182.0November............. 6.256 133.1 4700 133.0 .078 182.0December............. 6,275 133.5 4 613 130.5 .078 182.01924.............................. 5.980 127.2 4144 117.2 .074 174.2January...... .......... 6.285 133.7 4610 130.4 .078 182.0February............... 6.300 134.0 4 638. 131.2 .075 174.5March.................... 6.275 133.5 4.569 129.3 .075 174.5April...................... 6.200 131.9 4.240 120.0 • .075 174.5M ay._ ................... 6.075 129.3 4.175 118.1 .075 174.5June....... ................ 5.900 125.5 4069 115.1 .075 174.5

July........................ 5.630 119.8 3.865 109.3 .075 174.5August.................. 5.750 122.3 3.875 109.6 .075 174.5September............ 5.805 123.5 3.915 110.8 .074 172.1October. ............... 5.850 124.5 3.888 110.0 .074 172.1November............ 5.850 124.5 3.919 110.9 .074 172.1December.............. 5.865 124.8 3.990 112.9 .074 172.1

.040 112.4 .039 129.2 .048 112.0 .041.045 126.1 .040 130.5 .048 112.5 .042.067 186.8 .056 184.6 .069 163.4 .059.072 203.1 .065 212.1 .073 171.9 .069

.076 212.4 .069 227.2 .074 175.5 .071.083 232.0 .081 264.6 .087 205.7 .082.072 200.8 .067 218.0 .078 183.0 .070.062 174.7 .061 199.7 .072 169.1 .064

.062 174.7 .059 192.5 .069 162.5 .069.062 174.7 .060 196.7 .069 162.5 .069.062 174.7 .060 196.7 .069 162.5 .069.062 174.7 .060 196.7 .069 162.5 .069.062 174.7 .060 196.7 .069 162.5 .069.062 174.7 .060 196.7 .069 162.5 .069.062 174.7 .060 196.7 .069 162.5 .069

.062 174.7 .057 185.2 .069 162.5 .069.062 174.7 .057 185.2 .069 162.5 .071.062 174.7 .057 185.2 .069 162.5 .069.062 174.7 .058 190.8 .069 162.5 .069.062 174.7 .058 190.8 .069 162.5 .069.062 174.7 .058 190.8 .069 162.5 .069

.062 174.7 .062 202.6 .070 164.9 .069.062 174.7 .058 190.8 .069 162.5 .069.062 174.7 .058 190.8 .069 162.5 .069.062 174.7 .058 190.8 .071 166.5 .069.062 174.7 .058 190.8 .070 165.1 .069.062 174.7 .058 190.8 .070 165.1 .069.062 174.7 .060 196.7 .070 165.1 .069

.062 174.7 .060 196.7 .070 165.1 .069.062 174.7 .064 209i 8 .070 165.1 .069.062 174.7 .064 209.8 .070 165.1 .069.062 174.7 .064 209.8 .070 165.1 .069.062 174.7 .064 209.8 .070 165.1 .069.062 174.7 .075 244.9 .070 . 165.1 .069

101.3105.3146.3173.5178.5204.5174.8159.3173.5173.0173.0173.0173.0173.0173.0173.0177.8173.0173.0173.0173.0173.0173.0173.0173.0173.0173.0173.0173.0173.0173.0173.0173.0173.0

GO

AVERAGE WHOLESALE PRICES OP COMMODITIES

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Table 9.—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924—Continued 00fcOFoods

(c) Other foods

r or monthCocoa beans: Arriba Coffee: Rio, No. 7 Copra: In bags Crackers

Fish

Cod Herring

Aver­agepriceperpound

Rela­tiveprice

Aver­agepriceperpound

Rela­tiveprice

Aver­agepriceperpound

Rela­tiveprice

Butter,aver­agepriceperpound

Oyster,aver­agepriceperpound

Rela­tiveprice

Soda,aver­agepriceperpound

Rela­tiveprice

Dry,bank,large,Boston,aver­agepriceperquintal

Dry, bank, large, New York, average price per hundred­weight

Large shore (pickled, cured), Gloucester, average price per hundred­weight

Rela­tiveprice

Shore,round,Boston,aver­agepriceperbarrel

NovaScotia,split,Boston,aver­agepriceperbarrel

Newfound­land, split, large No. 1, New York, average price per barrel

Rela­tiveprice

i $0.179 161.1 $0.070 77.8 $0,080 123.1 $5.677 71.2 $3. 525 54.9.167 150.1 .070 77.8 .080 123.1 6.729 84.4 4.707 73.3. 143 128.5 .069 76.4 .076 117.4 7.052 88.5 2.938 45.8.172 154.8 .065 72.2 .075 115.4 6.380 80.0 3.813 59.4.165 148.6 .065 72.2 .073 111.5 5.958 74.7 3. 396 52.9.159 143.0 .065 72.7 .068 103.8 5. 521 69.3 3.156 49.1. 123 110.8 .065 72.2 .066 101.2 4.208 52.8 3. 354 52.2.079 71.2 .059 65.8 .059 91.1 4.521 56.7 3. 635 56.6.063 56.9 .073 81.4 .076 116.6 4.667 58.6 4.208 65. 5i .060 54.3 .071 79.2 .066 102.0 5.135 64.5 5.031 78.4

i .082 73.9 .075 83.3 .068 103.8 5. 302 66.5 5.083 79.2.065 58.0 .080 88.9 .070 107.7 5.990 75.2 4. 979 77.6.059 52.7 .080 88.9 .070 107.7 5.094 64.0 4.906 76.4.056 50.2 .076 84.2 .065 90.4 5.865 73.6 5.729 89.3.078 70.3 .078 86.1 .066 101.2 7.281 91.3 5.453 85.0.083 74.8 .089 99.1 .068 105.1 7.396 92.9 6.000 93.5.081 72.9 .090 100.0 .065 100.0 7.604 95.4 6. 344 98.9.066 59.1 ■ .090 $0,065 100.0 .065 100.0 7.740 97.1 6.150 $7. 208 95.8.063 56.4 .065 100.0 .065 100.0 7.302 91.6 7.083 94.1.078 70.4 .065 100.61 .065 100. 6 7.021 88.1 7.068 93.6

1890.1891.1892.1893.1894.1895.1896.1897.

1900.1901.1902.1903.1904.1905.1906.1907.1908.1909.

WHOLESALE PRICES, 1890 TO 1924

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1910_________ .095 85.5 .070 107.71911_________ .134 120.5 .070 107.71912____ . 146 131.4 .065 100.01913_________ $0.153 100.0 . Ill 100.0 $0.104 100.0 .065 100.01914........ .......... . 130 84.8 .082 73.3 . 104 100.2 .065 100.01915_________ . 176 115.2 .075 66.9 . 102 97.5 .071 109. 71916____ . 170 110.8 .092 83.0 . 147 140.6 .073 111. 51917_________ . 129 84.3 .093 83.3 . 104 99.8 . 114 175. 71918_____ __ . 136 89.0 .094 84.0 .092 88.5 . 148 228.21919_________ .225 146.8 . 179 160.4 .088 84.3 .152 234. 51920_________ .204 133.5 . 120 107.6 .090 86.6 . 175 269.21921_________ . 102 66.3 .072 64.6 .048 46.2 . 138 212.81922_________ . 116 75.6 . 103 92.1 .046 43.7 . 120 184.61923_________ . 115 75.2 . 115 103.1 .052 50.2 . 120 184.6January. . 113 74.0 . 119 106.5 .051 49.2 .120 184.6February.. . 117 76.2 . 130 117.1 .053 50.4 .120 184.6March___ . 125 81.5 . 130 117.0 .058 55.5 . 120 184.6April..___ . 120 78.2 . 115 103.5 .060 57.6 . 120 184.6M ay_____ . 114 74.3 . 116 104.3 .057 54.6 . 120 184.6June_____ . 113 73.6 . 117 104.8 .049 46.5 . 120 184.6

July_____ . 106 69.3 . 109 97.8 .046 44.4 . 120 184.6August__ . 110 72.0 .107 96.0 .046 43.8 .120 184.6September. .113 73.5 .107 95.8 .050 47.5 .120 184.6October__ . 113 73.5 .111 99.3 .053 50.4 .120 184.6November. .111 72.6 .110 98.8 .053 50.4 .120 184.6December. . 131 85.3 .109 98.3 .054 51.8 . 120 184.61924’_________ . 152 99.1 . 168 151.0 .056 53.4 . 122 187.2January... .136 89.0 .109 97.6 .056 53.4 .120 184.6February.. . 135 88.2 . 142 127.2 .058 55.2 .120 184.6March___ . 140 91.3 . 156 140. 5 .057 54. 7 . 120 184.6April ___ . 138 90.2 . 153 137. 7 .053 51.0 . 120 184.6M ay_____ . 138 89.8 . 148 132.5 .051 49.2 . 120 184.6June___ . 133 87.1 . 146 130.8 .051 49.2 . 120 184.6

July_____ . 130 84.9 . 165 148.2 .052 49. 5 .120 184.6August---- . 138 90.4 . 166 149.4 .058 55.7 . 120 184.6September. . 150 98.2 .177 158.8 .059 56.4 .120 184. 6October__ .177 115.7 .207 186.0 .058 55.2 .120 184.6November. .209 136.8 .226 203.0 .058 55.2 .120 184.6December. .197 128.3 .226 203.1 .058 55.8 .140 215.43 No quotation.

.070 107.7 6.938 87.1 7.313 97.2.065 100.0 7.958 99.9 6.861 91.2.065 100.0 8.104 $7. 948 101.7 7.500 $6,604 99.7.065 100.0 7.813 $6. 708 100.0 6.625 100.0.065 . 100.0 7.000 104.4 6.625 100.0

.071 109.7 7. 417 110.6 6.813 102.8.073 111.5 8.042 119.9 7. 313 110.4.114 175.7 8.942 133.3 9.813 148.1.148 228.2 10. 033 149.6 12. 553 189.5

. 152 234.5 9. 888 147.4 9.689 146.2.175 269.2 9.229 137.6 9.260 139.8.138 212.8 7.146 106. 5 8.236 124.3. 120 184.6 6.708 100.0 7.500 113.2

. 120 184.6 7.679 114.5 7.577 114.4. 120 184.6 7.000 104.4 7.500 113.2. 120 184.6 7.000 104.4 7.500 113.2. 120 184.6 7.000 104.4 7.500 113.2.120 184.6 7.250 108.1 7.500 113.2. 120 184.6 7. 250 108.1 7.500 113.2. 120 184.6 7.750 115.5 7.500 113.2

. 120 184.6 7.900 117.8 7.500 113.2. 120 184.6 8.000 119.3 7.500 113.2. 120 184.6 8.000 119.3 7.500 113.2. 120 184.6 8.250 123.0 7. 500 113.2.120 184.6 8. 250 123.0 7.500 113.2. 120 184.6 8. 500 126.7 8.500 128.3

. 122 187.2 7.904 117:8 9.500 143.4. 120 184.6 8. 500 126.7 9.500 143.4. 120 184.6 8.250 123.0 9.500 143.4. 120 184. 6 8.000 119.3 9.500 143.4. 120 184.6 7.500 111.8 9.500 143.4. 120 184.6 7. 500 111.8 (2). 120 184.6 7. 650 114.0 (2)

. 120 184.6 7. 650 114.0 (2). 120 184.6 7. 650 114.0 (2). 120 184.6 7.900 117.8 (2).120 184.6 8.000 119.3 (2).120 184.6 8.000 119.3 (2). 140 215.4 8.250 123.0 (2)I

0000

AVERAGE WHOLESALE PRICES OE COMMODITIES

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T able 9 .—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924—Continued GO

Foods(c) Other foods

Year or month

1890.1891.1892.1893.1894.1895.1896.1897.1898.1899.1900.1901.1902.1903.1904.1905.1906.1907.1908.1909.

Fish Flour

Mackerel: Salt, large, No. 3s > Salmon: Canned‘ Rye Wheat

Average price per barrelRela­tiveprice

Chinook, fancy, tails, Is, average price per dozen cans

Alaska,red,average price per dozen cans

Rela­tivepriceNew York, average price per barrel

Minne­apolis, average price per barrelRela­tiveprice

Winter patents, Kansas City, aver­age price per barrel

Rela­tiveprice

Winter straights, New York, average price per barrel

Winter straights, Kansas City, aver­age price per barrel

Rela­tiveprice

Bakers’ patent, Los An­geles, aver­age price 1 per barrel

$18. 250 162. 8 $1. 642 73.8 $3. 365 91.7 $4. 652 108.015.313 136. 6 l! 500 67.4 4.921 134.1 4.905 113.913*000 116* 0 l! 483 66. 7 4.017 109. 5 4.122 95.713.000 116! 0 1.494 67.1 3.085 84.1 3.283 76.2l l ’ 056 98. 6 l! 425 64.0 2. 781 75.8 2.750 63.815. 625 139. 4 1. 504 67. 6 3.133 85.4 3.231 75.012L 917 124. 2 1. 550 69. 7 2. 683 73.1 3. 620 84.0I2! 229 109! 1 l! 338 60! 1 2. 806 76. 5 4.361 101.213! 667 12l! 9 1. 267 56. 9 3. 081 84.0 4.145 96.215* 250 136! 1 l! 529 68. 7 3. 298 89.9 3. 382 78.513. 896 124. 0 1. 771 79. 6 3. 425 93.4 3. 349 77.710. 818 96. 5 l! 713 77.0 3. 321 90. 5 3.309 76.813. 750 122! 7 l! 615 72. 6 3. 442 93.8 3. 489 81.617! 448 155. 7 1. 621 72. 8 3.148 85. 8 3. 592 83.414’ 500 129. 4 1. 725 77. 5 4. 348 118. 5 4.826 1 1 2 .013. 917 124. 2 1. 704 76. 6 4.467 121.7 4.543 105.514. 792 132. 0 l! 683 75. 7 3. 844 104. 8 3. 615 83.913* 917 124! 2 l! 668 75. 0 4. 602 125.4 3.988 92.611. 354 101. 3 1 921 86. 3 4. 738 129.1 4.291 99.6lo! 188 9o! 9 l! 700 76.4 4.485 122.3 5. 451 126.5

WHOLESALE PRICES, 1890 TO 1924

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1910.................................... 14.6831911.................................... 16.0001912.................................... 13.2081913.................................... 11.0961914 ................................ 10.0661915 _ ............................. 10.5601916.................................. 13.8601917................................... 17.8451918.................................. 25.2111919....................... *_____ 21.6981920.................................... 17.1601921.................................. 16.7891922 ................................ 14.4381923 ........................... 11.468January..................... 11.880February................... 11.880M arch........................ 10.890April.......................... 10.890M ay................ -........ 10.890June........................... 11.880

July............................ 11.880August...................... 11.385September................. 11.385October...................... 11.385November................. 11.385December----- ------- 11.8801924 ................................ 13.571January..................... 12.375F e b ru a ry ................. 12.870March........................ 13.365April.......................... 13.365M ay........................... 12.870June........................... 13.860

J u l y . . . ...................... 12.870August....................... 13.860September________ 13.860October...................... 13.860November................. 14.850December-................ 14.850

130.1 1.744 78.4142.8 2.104 94.6117.8 2.183 98.1100.0 2.225 100.090.7 2.225 $1,460 100.0 .95.2 1.500 102.7124.9 1.678 114.9160.8 2.535 173.6227.2 2.732 187.0

193.6 3.039 208.1 .154.6 3.546 242.8..151.3 2.889 197.8 .130.1 2.407 164.8 .103.3 2.378 162.8 .107.1 2.425 166.0 .107.1 2.425 166.0 .98.1 2.425 166.0 .98.1 2.325 159.2 .98.1 2.325 159.2 .107.1 2.363 161.8 .107.1 2.375 162.6 .102.6 2.375 162.6 .102.6 2.375 162.6 .102.6 2.375 162.6 ■102.6 2.375 162.6 •107.1 2.375 162.6 ■122.3 2.487 170.3 .111.5 2.395 164.0 .116.0 2.400 164.3 .120.4 2.400 164.3 .120.4 2.400 164.3 .116.0 2.381 163.1 .124.9 2.375 162.6 •116.0 2.375 162.6124.9 2.450 167.8 .124.9 2.585 177.0 .124.9 2.681 183.6133.8 2.700 184.9133.8 2.700 184.9

i No 1913 base price. 2 No quotationO

tMO

pO

pJ

Opi

Crt

00

115.3 4.691 108.9 i127.9 3.984 92.5 i____ _123.2 4.686 108.8 it________________$3,123 100.0 $4,012 loo. 6 4.308 $3.847 100.03.521 112.7 4.363 108.7 4.125 107.25.214 166.9 5.861 146.1 5.612 145.95.727 183.4 6.364 158.7 6.091 158.39.697 310.5 10.950 272.9 10.551 274.310.097 323.3 (2) * 10.302 267.8 4 $10.8978.402 269.0 11.719 292.1 10.695 278.0 !1 11.92110.205 326.7 12.524 312.2 11.580 301.0 !i 13.2567.153 229.0 7.735 192.8 7.034 182.8 8.6015.312 170.1 6.848 170.7 6.130 159.3 7.3454.126 132.1 6.159 153.5 5.353 139.1 6.9354.810 154.0 6.400 159.5 5.569 144.8 7.4004.844 155.1 6.394 159.4 5.569 144.8 7.4004.500 144.1 6.435 160.4 5.600 145.6 *7.4004.681 149.9 6.606 164.7 5.744 149.3 7.4004.115 131.8 6.525 162.7 5.675 147.5 7.3483.850 123.3 6.080 151.6 i - ................ 5.325 138.4 7.1133.685 118.0 5.644 140.7 . 4.850 126.1 7.0753.738 119.7 5.738 143.0 4.900 127.4 6.3163.850 123.3 6.040 150.6 5.280 137.2 6.2003.795 121.5 6.156 153.5 5.400 140.4 6.5613.675 117.7 5.988 149.3 5.213 135.5 6.6004.000 128.1 5.940 148.1 5.130 133.3 6.4005.016 160.6 6.796 169.4 5.980 155.5 7.2774.095 131.1 6.025 150.2 5.250 136.5 6.4004.050 129.7 6.119 152.5 5.350 139.1 6.5793.663 117.3 6.060 151.1 5.330 138.5 6.6003.675 117.7 6.000 149.6 5.294 137.6 6.4933.819 122.3 6.170 153.8 5.470 142.2 6.6004.213 134.9 6.356 158.4 5.625 146.2 6.8404.895 156.7 6.600 164.5 5.831 151.6 7.1685.163 165.3 6.995 174.4 6.225 161.8 7.6395.450 174.5 7.106 177.1 6.069 157.8 7.4676.950 222.5 7.650 190.7 6.669 173.3 8.0676.969 223.1 7.870 196.2 6.870 178.6 8.3587.195 230.4 8.625 215.0 7.788 202.4 9.108

4 United States Food Administration standard.

00C l

AVERAGE WHOLESALE PRICES OE COMMODITIES

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T able 9 .—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924—Continued 0005Foods

(c) Other foods

Flour: WheatYear or month

Spring patents, New York, average price per barrel

Standard patents, Minne­apolis, average price per barrel

Relativeprice

1890.1891.1892.1893.1894.

55.186 5. 305 4.347 4.006 3. 595

114.1 116.7 95.7 88.2 79.11895.1896.1897.1898.1899.

3.643 3.796 4. 591 4. 729 3. 774

80.183.5101.0104.183.1

1900.1901.1902.1903.1904.

3.8423. 810 3.8084. 330 378

84.683.983.895.3118.41905.1906.1907.1908.1909.

5.422 4.276 4.876 5.418 5. 757

119.3 94.1107.3 119.2 126.719101911191219131914

5.495 5.078 5. 271 4.544 $4. 584 5.096

120.9111.8116.0100.0111.2

Second patents, Minneapolis Patents, Portland, Oreg. First patents, St. Louis Second patents, St. Louis Patents, Toledo

Average price per barrelRelativeprice

Average price per barrelRelativeprice

Average price per barrelRelativeprice

Average price per barrelRelativeprice

Average price per barrelRelativeprice

1'

$4,4224.939 100.0111.7 $4,4954.871 100.0108.4 $4. 5664.413 100.096.6 $4.2534.105 100.096.5 $4.728 4.749 100.0100.5

WHOLESALE PRICES, 1890 TO 1924

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1915...................1916-.................1917...................1918.-...............1919- ..........................................1920- - ...1921- - ...1922- ..........................................1923...................January— February. _March.......April.........M ay..........June...........

July...........August___September.October.November.December.1924.................Jan u ary ...February..March___April.........M ay...........June...........

July...........August___September.O ctober...November.December.

6.663 145.4 6.503 147.1 5.426 120.7 5.894 129.1 5.568 130.9 6.036 127.77.264 158.5 7.090 160.3 5.687 126.5 6.354 139.1 5.965 140.3 6.520 138.011.391 248.5 11.230 254.0 9.929 220.9 10.551 231.1 10.122 238.0 10.730 227.0(2) • 410.141 229.3 4 9.967 221.7 (2) 410.310 242.4 (2)11.998 261.8 11.982 271.0 10.861 241.6 10.758 235.6 10.040 236.1 10.745 227.012.675 276.5 12.266 277.4 12.408 276.0 12.291 269.2 11.007 258.8 11.877 251.38.326 181.6 7.974 180.3 8.274 184.1 7.608 166.6 6.615 155.5 7.282 154.17.282 158.9 6.961 157.4 7.769 172.8 6.358 139.2 5.716 134.4 6.101 129.16.385 139.3 6.191 140.0 7.211 160.4 5.802 127.1 5.112 120.2 5.694 120.56.630 144.6 6.370 144.1 7.761 172.6 6.331 138.7 5.644 132.7 6.238 132.06.713 146.4 6.506 147.1 7.761 172.6 6.213 136.1 5.519 129.8 6.313 133.66.625 144.5 6.400 144.7 7.761 172.6 6.270 137.3 5.675 133.4 6.265 132.66.956 151.8 6.731 152.2 7.761 172.6 6.350 139.1 5.738 134.9 6.375 134.96.720 146.6 6.505 147.1 7.723 171.8 6.350 139.1 5.581 131.2 6.256 132.46.263 136.6 6.106 138.1 7.363 163.8 5.865 128.4 5.140 120.9 5.920 125.36.025 131.4 5.870 132.7 7.042 156.6 5.313 116.3- 4.663 109.6 5.200 110.06.100 133.1 5.981 135.3 6.965 154.9 5.263 115.2 4.563 107.3 5.156 109.16.238 136.1 6.044 136.7 6.832 152.0 5.460 119.6 4.650 109.3 5.105 108.06.200 135.3 6.025 136.2 6.567 146.1 5.500 120.5 4.769 112.1 5.225 110.66.038 131.7 5.850 132.3 6.567 146.1 5.356 117.3 4.800 112.9 5.250 111.36.100 133.1 5.906 133.6 6.426 142.9 5.410 118.5 4.675 109.9 5.120 108.17.191 156.9 6.946 157.1 7.574 168.5 6.439 141.0 5.687 133.7 6.213 131.56.195 135.2 6.020 136.1 6.375 141.8 5.619 123.1 4.725 111.1 5.281 111.86.306 137.6 6.088 137.7 6.567 146.1 5.763 126.2 4.925 115.8 5.369 113.66.300 137.4 6.050 136.8 6.368 141.7 5.590 122.4 4.810 113.1 5.245 111.06.350 138.5 6.130 138.6 6.368 141.7 5.556 121.7 4.719 111.0 5.619 118.96.638 144.8 6.369 144.0 6.676 148.5 5.485 120.1 4.655 109.5 5.415 114.66.856 149.6 6.606 149.4 7.177 159.7 5.850 128.1 5.056 118.9 5.831 123.47.490 163.4 7.230 163.5 7.723 171.8 6.369 139.5 5.656 133.0 6.300 133.37.538 164.4 7.244 163.8 8.345 185.6 6.775 148.4 6.095 143.3 6.380 135.07.440 162.3 7.220 163.3 8.192 182.2 6.644 145.5 6.013 141.4 6.463 136.78.013 174.8 7.788 176.1 8.727 194.1 7.531 164.9 6.813 160.2 7.275 153.98.163 178.1 7.881 178.2 8.988 199.9 7.730 169.3 7.050 165.8 7.490 158.58.895 194.1 8.610 194.7 9.384 208.7 8.394 183.8 7.763 182.5 8.413 178.0

9 No quotation. i United States Food Administration standard

00

AVERAGE WHOLESALE PRICES OF COMMODITIES

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T a ble 9 .—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924—Continued 0000

1890.1891. 1892_.1893.1894.1895.1896.1897.1898.1899.1900. 1901_ 1902_ 1903. 1904_1905.1906.1907. 1908_ 1909.

Foods(c) Other foods

Year or month

Fruits: Canned Fruits: Dried

Peaches: X standard, 2y2 Cali­fornia, average price per case

Peaches: Standard, 2y2 Cali­fornia, average price per case

Rela­tiveprice

Pineapples: Hawaiian, sliced, standard, 2^Apples:Evaporated, choice Currants Prunes: California, in boxes Raisins: California

Average price per caseRela­tiveprice

Average price per poundRela­tiveprice

Uncleaned,barrels Cleaned,PatrasRela­tiveprice

Average price per poundRela­tiveprice

London layer, average price per box

Coast, seeded, average price per poundRela­tivepriceAverage price per pound

Average price per pound

i ................ $0.114 158.2 $0. 048 69.9 $0.107 162.8 $2. 360 174.6. 110 153.2 .043 62.3 .100 152.4 1. 802 133. 3.069 95.8 .030 43.4 . 100 151.7 1.469 108.6.093 129.1 .027 39.5 .104 158.4 1.700 125.7L_......... ....... .109 152.1 .017 25.3 .074 112.0 1.154 ! 85.4.068 94.4 .025 37.1 ! 067 101.5 1.429 105.7\ .053 74.2 .033 47.8 .058 88.6 1. 019 75.3.056 77.3 .048 70.0 .055 83.2 1.398 103.4; . . _ .089 124.0 .058 84.8 .054 82.9 1.392 102.9

) ............. .087 121.0 .047 68.7 .057 86.1 1.283 94.9> _________ .062 85.7 .072 105.3 .052 79.6 1. 521 112. 5.071 98.7 .083 121.5 . 053 80.0 1. 442 106.6> .092 128.3 .049 72.2 .055 84.0 1. 685 124. 7i _________ .061 85.1 .048 69.6 .048 73.3 1.446 106.9t ______ .060 84.0 .049 71.3 .046 70.3 1.473 108.9

.070 97.3 .049 71.6 .046 70.0 1.188 87.8} ................... .098 136.2 .061 89.8 .065 98.5 1. 600 118.3r ................... .084 117.4 .070 102.8 .059 90.4 1.627 120.3$ ................... * .086 120.2 .061 89.0 .060 91.2 1.810 133.9.077 107.1 .060 88.2 .053 80.9 1.270 93.9

WHOLESALE PBIOES, 1890 TO 1924

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1910.................... .084 116.4 .065 95.2 .063 95.3 1.2241911..................... .120 167.5 .076 111.3 .116 177.3 1.4131912..................... .083 115.2 .075 109.8 .074 113.3 1.4251913..................... $1,700 100.0 $2,053 100.0 .072 100.0 .068 100.0 .066 100.0 1.3521914..................... 1.713 100.7 1.642 80.0 .094 131.2 .067 98.2 .093 141.5 1.7901915..................... 1.452 85.4 1.480 72.1 .077 107.5 .077 112.0 .079 120.4 1.425 $0,0771916..................... 1.504 88.5 1.533 74.7 .067 93.7 .123 180.0 .074 112.2 .0731917..................... 2.092 123.0 2.007 97.8 .120 167.0 .204 298.0 .107 162.3 .0841918..................... 2.625 $2,343 154.4 2.625 127.9 . 157 218.5 .211 308.2 . 110 167.4 .0921919..................... 3.329 219.4 4.230 206.0 .192 267.8 .199 291.4 . 198 302.0 .1231920..................... 3.247 214.0 4.481 218.2 . 169 235.1 .165 241.4 .147 223.6 .2341921..................... 2.230 147.0 2.762 134.5 .097 135.0 .137 $0.154 200.4 .091 138.6 . 1941922..................... 1.957 128.9 3.273 159.4 . 168 234.3 . 146 190.8 . 118 179.1 . 1281923..................... 1.871 123.4 3.505 170.7 .109 151.4 . 137 178.8 .089 135.5 .092January___ 1.975 130.2 3.550 172.9 .114 158.5 . 161 210.0 .109 165.4 . 113February... 1.975 130.2 3.550 172.9 .113 156.7 . 148 192.4 . 106 161.0 .107March......... 1.975 130.2 3.550 172.9 .113 157.1 . 141 184.4 .102 155.3 .101April........... 1.975 130.2 3.625 176.6 .113 157.1 . 138 179.4 .098 148.6 .090M ay............ 1.940 127.8 3.625 176.6 .109 151.1 . 135 176.2 .095 144.8 .090June............. 1.800 118.6 3.625 176.6 .108 149.7 . 139 181.2 .090 137.2 .090

July............. 1.800 118.6 3.610 175.8 .107 148.3 . 138 180.0 .082 125.0 .090August........ 1.800 118.6 3.600 175.3 .104 144.6 . 130 169.5 .079 120.1 .090September.. 1.800 118.6 3.325 162.0 .104 144.6 .141 184.4 .076 115.2 .090October___ 1.800 118.6 3.325 162.0 .103 143.2 . 135 176.2 .077 117.4 .090November.. 1.800 118.6 3.325 162.0 .105 146.7 .119 154.9 .079 120.1 .077December.. 1.800 118.6 3.325 162.0 .115 159.8 . 115 150.1 .075 114.3 .0711924..................... 1.800 118.6 3.039 148.0 .139 193.6 . 121 158.3 .065 98.3 .073January___ 1.800 118.6 3.325 162.0 .142 198.2 . 115 150.1 .075 113.6 .071February. __ 1.800 118.6 3.325 162.0 .156 217.7 . 115 150.1 .073 111.4 .071March......... 1.800 118.6 3.325 162.0 .163 226.3 . 116 151.7 .069 105.8 .071April........... 1.800 118.6 3.325 162.0 .148 205.4 . 114 148.1 .067 101.4 .071M ay............ 1.800 118.6 3.188 155.3 .148 205.4 . 126 163.9 .059 89.6 .071June............. 1.800 118.6 3.050 148.6 .135 188.0 . 128 166.3 .054 82.9 .071

July............. 1.800 118,6 3.050 148.6 .125 174.1 . 123 159.9 .050 76.2 .071August........ 1.800 118.6 2.950 143.7 .131 182.9 .119 154.9 .059 90.5 *071September.. 1.800 118.6 2.690 131.0 .134 186.6 .128 166.9 .065 99.1 .074October___ 1.800 118,6 2.750 133.9 .134 186.4 .125 163.1 .064 97.3 .078November.. 1.800 118.6 2.750 133.9 .131 182.6 . 125 163.1 .066 101.1 .078December.. 1.800 118.6 2.750 133.9 .127 176.3 .125 163.1 .072 109.8 .0783 No quotation.

90.5104.5105.4100.0132.4105.4 100.0115.4126.5169.7322.1267.6176.7126.6155.0147.2139.5124.0124.0124.0124.0124.0124.0124.0105.598.2100.698.298.298.298.298.298.298.298.2101.7106.8106.8 106.8

00CO

AVERAGE WHOLESALE PRICES OF COMMODITIES

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T able 9 —AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924—Continued CDOFoods

(c) Other foods

Fruits: FreshYear or month

Apples: Baldwins Bananas Lemons: Cali­fornia' Oranges: Cali­forniaGlucose Hominy grits Lard: Prime contract

1890189118921893189418951896189718981899190019011902190319041905190619071908190919101911191219131914

Average price per barrelRela­tivepricet

Jamaica, 8s, average price per bunchJamaica, 9s, average price per bunch

Rela­tivepriceAverage price per box

Rela­tivepriceAverage price per box

Rela­tivepriceAverage price per 100 pounds

Rela­tivepriceAverage price per 100 pounds

Rela­tivepriceAverage price per pound

Rela­tiveprice

$0,063 57.5.066 59.9.077 70.0$1,763 82.5 .103 93.61.580 73.9 .077 70.21,549 72.5 .065 59.31.159 54.2 .047 42.61. 219 57.0 .044 40.11. 302 60.9 .055 50.11. 356 63.4 .056 50. 51. 488 69.6 .069 62.71. 646 77.0 .089 80.42.179 101.9 .106 96.21.840 86.1 .088 79. 71. 792 83.8 .073 66.41.774 83.0 .075 67.72.027 94.8 .089 80.62. 261 105.8 .092 83.62.640 123.5 .091 82.52.473 115.7 .117 106.21.942 90.8 .125 113.81. 858 86.9 .091 82.52.313 108.2 . 105 95.3$3.174 100.0 $0.796 100.0 $5.773 100.0 $4,420 100.0 2.138 100.0 $1.651 100.0 .110 100.04.042 127.4 .852 107.1 4.151 71.9 2.772 62.7 2.160 101.1 1.786 108.2 .104 94.2

WHOLESALE PRICES, 1890 TO 1924

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43831°—25t—

Bull. 390-

1915 __________ __________1916 __1917 __1918 __1919 __1920 __1921 __1922 __1923 __January. __ February..March___April____May_____June_____

July_____August___September.October__November.December.1924 __January. __ February..March___April____May-------June_____

July_____August___September.October__November.December.2 No quotation.

2 . 775 8 7 .4 .8 2 3 1 03 .4 3 .0 3 3 5 2 .5 3 .5 0 2 | 7 9 .2 2 . 294 1 0 7 .3 1 .6 6 6 1 0 1 .0 .0 9 4 85 . 43 .1 6 8 9 9 .8 .9 2 7 1 16 .5 4 . 305 7 4 .6 3 . 484 ! 7 8 .8 2 . 573 1 2 0 .4 2 .0 4 0 1 2 3 .6 .1 3 5 1 2 2 .34 .7 8 4 1 5 0 .7 1. 342 1 68 .6 4 . 952 8 5 .8 3 .3 1 5 7 5 .0 4 .8 0 1 2 2 4 .6 4 . 273 2 5 8 .9 .2 1 7 1 97 .15 . 503 1 7 3 .4 2 .1 6 3 2 7 1 .7 6 . 771 1 1 7 .3 7 . 225 1 63 .5 4 . 421 2 0 6 .8 4 . 428 2 6 8 .2 .2 5 5 231 . 8

8 .4 9 1 2 6 7 .6 2 .0 9 0 $ 4 . 041 2 6 2 .6 5 . 464 9 4 .6 4 . 805 1 0 8 .7 5 . 498 2 5 7 .2 3 .4 7 7 2 1 0 .6 .2 9 0 2 6 3 .67 .1 9 4 2 2 6 .7 3 . 038 197 .5 4 . 320 7 4 .8 6 . 272 1 4 1 .9 5 . 384 2 5 1 .9 3 .1 6 3 1 9 1 .6 .2 0 0 1 81 .36 .0 2 0 1 8 9 .7 2 .6 7 5 173 .8 5 .2 2 6 9 0 .5 5 .2 1 9 118 .1 2 . 602 1 2 1 .7 1 .2 4 3 7 5 .3 . I l l 1 0 0 .96 . 713 211 . 5 2 . 264 147.1 6 . 760 1 17 .1 7 .8 4 9 1 7 7 .6 2 . 721 1 2 7 .3 1. 308 7 9 .2 . 115 1 04 .3

4 .9 9 7 1 57 .4 2 .2 8 5 148 . 4 6 . 510 1 1 2 .8 5 .1 6 8 1 16 .9 3 .4 1 7 1 5 9 .8 1. 719 1 0 4 .2 .1 2 3 1 11 .54 . 600 1 4 4 .9 2 .0 3 5 132 .4 6 .1 2 5 1 06 .1 3 . 800 8 6 .0 3 . 070 1 4 3 .6 1. 490 9 0 .3 .1 1 8 1 07 .45 . 063 1 5 9 .5 2 .0 3 5 132 .4 5 . 719 9 9 .1 3 . 844 8 7 .0 3 .0 9 5 1 4 4 .8 1 .5 3 0 9 2 .7 .1 1 8 1 07 .25 . 594 1 7 6 .3 2 .0 3 5 132 .4 5 .6 8 8 98 . 5 4 . 406 9 9 .7 3 . 113 1 4 5 .6 1 .5 4 6 9 3 .7 . 126 114 .15 . 469 1 7 2 .3 2 .0 3 5 132 .4 4 . 906 85 . 0 4 .6 2 5 104 . 6 3 . 273 153 . 1 1. 700 1 0 3 .0 . 120 1 0 9 .06 . 050 1 9 0 .6 2 .1 0 0 1 36 .6 6 . 125 1 06 .1 5 . 350 121 . 0 3 . 360 1 5 7 .2 1 .7 2 8 104 . 7 . 116 105 . 16 . 333 1 9 9 .6 2 .8 3 5 184 .3 8 . 875 1 5 3 .7 4 . 969 112 . 4 3 . 473 162 . 5 1. 748 1 05 .9 . 1 1 7 , 1 06 .3

( 2) 3 .0 0 0 1 94 .8 8 . 600 1 4 9 .0 4 .7 7 5 108 . 0 3 .5 1 0 1 6 4 .2 1. 780 1 07 .8 . 113 1 02 .4( 2) 2 .3 7 5 1 54 .4 8 . 250 1 4 2 .9 5 .2 1 9 1 18 .1 3 . 510 1 6 4 .2 1. 788 1 08 .3 . 116 1 0 4 .9( 2) 2 .3 7 5 154 .4 7. 750 1 3 4 .2 5 . 750 130 . 1 3 .5 1 0 1 6 4 .2 1 .8 0 8 109 . 5 .1 2 8 1 1 5 .8

3 . 833 1 2 0 .8 2 . 275 147 .8 7 .0 5 0 1 22 .1 6 . 300 142, 5 3 . 840 1 7 9 .7 2 .1 2 0 1 2 8 .4 .1 3 3 1 20 .93 . 969 125 . 1 2 .1 2 5 138.1 4 . 813 8 3 .4 7 . 594 1 71 .8 3 . 710 1 7 3 .6 1 .8 2 5 1 10 .6 .1 4 1 128 .13 . 938 124 . 1 2 .1 2 5 138.1 3 . 750 6 5 .0 5 . 500 1 24 .4 3 . 510 1 6 4 .2 1. 610 97 . 5 .1 3 2 1 2 0 .0

4 . 675 1 47 .3 2 . 454 159 .4 5 . 323 9 2 .2 5 . 798 1 3 1 .2 3 .8 4 6 1 7 9 .9 2 . 032 123 .1 . 133 1 2 0 .94 .2 2 5 133 . 1 2 .1 2 5 138.1 3 . 325 5 7 .6 4 .5 1 0 1 0 2 .0 3 . 356 1 5 7 .0 1. 600 9 6 .9 .1 2 8 1 1 6 .34 . 563 1 4 3 .8 2 .1 2 5 138.1 3 . 531 6 1 .2 4 .0 3 1 9 1 .2 3 . 460 1 6 1 .9 1. 688 1 0 2 .2 .1 1 7 1 0 5 .84 .3 1 3 1 3 5 .9 2 .9 0 0 188 .5 3 .5 9 4 6 2 .3 4 .8 1 3 | 1 08 .9 3 . 560 1 6 6 .6 1 .6 3 8 9 9 .2 .1 1 6 1 0 4 .93 . 975 1 2 5 .3 2 .3 2 0 150 .7 3 . 675 63 . 7 5 .1 7 5 117 .1 3 . 560 1 6 6 .6 1. 650 1 0 0 .0 .1 1 3 1 0 2 .23 . 469 1 09 .3 2 .6 5 6 172 .5 4 . 969 8 6 .1 4 . 531 1 0 2 .5 3 . 460 1 6 1 .9 1. 588 9 6 .2 .1 1 0 9 9 .84 . 875 1 53 .6 2 .8 0 0 1 82 .0 5 . 094 8 8 .2 5 .2 8 1 1 19 .5 3 . 460 1 6 1 .9 1 .8 0 0 109 . 1 . I l l 100 .5

( 2) 2 .7 8 0 1 80 .7 4 . 750 82 . 3 6 . 525 1 4 7 .6 3 .9 6 0 1 8 5 .3 2 .4 1 3 1 4 6 .2 .1 2 6 1 1 4 .4( 2) 2 .5 6 3 166 .5 5 . 906 1 0 2 .3 7 . 094 160 . 5 4 . 260 1 9 9 .3 2 . 380 1 4 4 .2 . 143 1 2 9 .8( 2) 2 .2 5 0 146 .3 7 . 075 122 . 6 7 .2 0 0 1 62 .9 4 . 260 1 99 .3 2 . 424 1 46 .9 . 149 130. 7( 2) 2 .2 5 0 146 .3 7 .1 8 8 124 . 5 8 .0 0 0 1 8 1 .0 4 . 260 1 99 .3 2 . 390 1 4 4 .8 . 165 150 .2

5 . 625 1 7 7 .2 2 .2 5 0 146 .3 8 . 313 1 4 4 .0 6 . 688 151 . 3 4 . 260 1 9 9 .3 2 . 330 1 4 1 .2 . 153 1 3 9 .26 .2 5 0 1 9 6 .9 2 .5 0 0 1 62 .5 6 . 725 1 1 6 .5 5 .7 0 0 1 2 9 .0 4 .2 8 0 2 0 0 .2 2 . 396 1 4 5 .2 . 169 1 53 .4

QO

Od!-3

AVERAGE WHOLESALE PRICES OF

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T able 9 .—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924—Continued CO

Foods(c) Other foods

Year or month

Meal: Corn Molasses: New Orleans Oatmeal Oleomarga­rine Oleo oil Pepper, black

Fine white Fineyellow Whitetable YellowtableRela­tiveprice

Openkettle,averagepricepergallon

Fancy,averagepricepergallonRela­tiveprice

Average price per 100 poundsRela­tiveprice

Aver­agepriceperpoundRela­tiveprice

Aver­agepriceperpoundRela­tiveprice

Aver­agepriceperpoundRela­tiveprice

Average price per 100 pounds Rela­tiveprice

Average price per 100 pounds

NewYork F. o. b. mill New ' York Phila­delphia Phila­delphia

1890_______ _________ $1.061 74.5 $1.020 71.6 $0. 354 78.7 $0,115 106.11891________________ 1.475 103.5 1.458 102.3 .279 62.0 .087 80.51892________________ 1.192 83.7 1.161 81.5 .319 70.8 .069 63.51893........... ...................... 1.101 77.3 1.083 76.0 .335 74.4 i .060 54.81894________________ 1.119 78.5 1.063 74.6 .309 68.7 l .052 47.61895.................. .............. 1.072 75.2 1.061 74.5 .308 68.5 .050 45.81896---.................... ........ .813 57.0 .785 55.1 .325 72.1 j .050 46.11897_________________ .816 57.2 .763 53.6 .262 58.2 1 .060 61.21898........... ............ ........ - .882 61.9 .846 59.4 .308 68.5 .089 82.11899________________ .955 67.0 .927 65.1 .353 78.3 . 112 102.91900________ ________ 1.012 71.0 .991 69.5 .478 106.1 . 129 119.01901________________ 1.198 84.1 1.188 83.3 .378 84.1 ' . 129 119.11902_________________ 1.535 107.7 1.525 107.0 . 364 80.8 . 126 115.71903_________________ 1.297 91.0 1.278 89.7 .355 78.8 . 129 118.81904_________________ 1.340 94.0 1.333 93.6 .340 75.5 . 123 113.31905.________________ 1.325 93.0 1.325 93.0 .323 71.8 . 122 112.21906 ___ ___________ 1.267 88.9 1.263 88.6 .340 75.6 . 114 104.91907_________________ 1.358 95.3 1.358 95.3 .409 90.8 .099 91.61908___________ _____ 1.615 113.3 1.615 113.3 .355 78.9 .072 65.91909................................. 1.625 114.0 1.610 113.0 .350 77.8 .071 65.5

WHOLESALE PRICES, 1800 TO 1024

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1910.................................. 1.5421911.................................. 1.2931912.................................. 1.6501913.................................. 1.425 $1.6011914.................................. 1.7361915.................................. 1.6161916.................................. 1.9901917.................................. 4.2111918.................................. 4.3861919.................................. 3.4691920.................................. 3.1121921.................................. 1.1931922.................................. 1.2581923.................: ............... 1.669January_________ 1.440February................. 1.480M arch___________ 1.496April............ ............ 1.650M ay............. ............ 1.678June_____ ______ 1.698

July.......................... 1.730August..................... 1.738September_______ 1.758October................ . 2.070November_______ 1.775December___ ____ 1.5601924................................. 1.990January....................February________ ............. 1.5501.638March...................... 1.588April....... .......... ....... 1.600M ay......................... 1.538June........ ................. 1.838

July.......................... 2.375August..................... 2.330September............. . a 374October__________ 2.340November............... 2.280December................ 2.346

108.2 1.479 |90.8 1.291 I1------------115.8 1.652100.0 1.425108.4 1.571101.0 1.725124.3 2.060263.1 3.960 $4,2394.963274.0216.7 3.952194.4 4.03274.6 2.141 $2.012 1.77878.6104.3 1 2.26590.0 r 1.9409a 5 1.98593.5 2.000103.1 2.013104.8 2.163106.1 2.200108.1 2.200108.6 2.309109.8 1 2.585129.3 i 2.718110.9 ! 2.70097.5 2.325124.3 2.87996.8 . . . . . . . . . . . . . . . . . . . . i . . . . . . . . . . . . . . 2.263102.3 . . . . . . . . . . . . . . . . . . . i _ _ _ _ _ _ _ 2.47099.2 2.500100.0 ; 2.40096.1 2.260114.8 . . . . . . . . . . . . . . . . . . . . i 2.413148.4 ! 3.031145.6 i 3.400148.3 j . . . . . . . . . . . . . 3.475146.2 • 3.460142.4 . . . . . . . . . . . . . . . . . . 1 . . . . . . . . . . . . . . 3.406146.6 ! 3.450

103.8 90.6116.9 100.0 110.2121.1144.6277.9325.4269.1264.3140.3124.0168.0135.2138.5139.5140.3150.8153.5153.5 161.1180.3189.5188.3 162.2200.8157.8172.3174.4167.4157.7 168.2211.4 237.1242.4241.3237.5240.6

.370.406.435.450-.477

.467.450.491.704

.8251.042.660

82.3 ; I .08090.3 l .09796.8 _____ j .115100.0 $2,475 100.0 id.ies 100.0 $0.115 100.0 .109106.0 2.695 108.9 .161 99.0 .109 * 94.2 .116103.7 3.110 125.7 .158 97.4 .122 105.7 .136100.0 3.103 125.4 .177 108.7 .140 121.2 .176109.2 4.897 197.9 .255 156.9 .217 187.7 .236156.4 5.569 225.0 .295 181.5 .257 222.4 .256183.4 4.752 192.0 .343 210.8 .306 265.5 .202231.6 5.199 210.1 .318 195.8 .214 185.4 .142$0,558 146.6 3.275 132.3 .208 127.9 .113 97.7 .091.444 116.4 3.043 122.9 .183 112.8 .107 92.5 .101

.556 145.9 3.147 127.2 .209 128.8 .128 110.6 .107.525 137.8 3.308 133.7 .205 126.2 .128 110.5 .101.525 137.8 3.254 131.5 .205 126.2 .128 110.5 .103.525 137.8 3.299 133.3 .205 126.2 .129 111.6 .111.535 140.4 3.198 129.2 .205 126.2 .133 115.6 .109.565 148.4 * 3.136 126.7 .205 126.2 .133 115.3 .109.565 148.4 3.056 123.5 .205 126.2 .120 103.8 .108

.565 148.4 3.213 129.8 .205 126.2 .109 94.8 .108.565 148.4 3.038 122.7 .205 126.2 .110 95.6 .106.565 148.4 2.931 118.4 .210 129.0 .121 104.5 .106.565 148.4 3. I l l 125.7 .215 132.3 .128 110.5 .110.565 148.4 3.097 125.1 .222 136.6 .144 125.0 .110.603 158.2 3.083 124.6 .225 138.5 .152 131.4 .110

.628 164.9 3.475 140.4 .222 136.5 .151 131.1 .111.615 161.4 3.100 125.3 .225 138.5 .156 135.4 .110.615 161.4 3.278 132.4 .225 138.5 .147 127.6 .113.615 161.4 3.222 130.2 .219 134.5 .130 112.7 .106.615 161.4 3.178 128.4 .205 126.2 .119 102.9 .105.615 161.4 3.167 128.0 .205 126.2 .120 103.8 .098.615 161.4 3.302 133.4 .205 126.2 .119 102.9 .093

.615 161.4 3.828 154.7 .212 130.7 .126 108.8 .100.615 161.4 3.861 156.0 .225 138.5 .153 132.5 .106.625 164.0 3.611 145.9 .225 138.5 .168 145.9 .119.665 174.6 3.639 147.0 .230 141.7 .200 173.1 .126.665 174.6 3.583 144.8 .240 147.7 .208 179.8 .131.665 174.6 3.872 156.5 .245 150.8 .168 145.1 .128

73.789.1 106.0 100.0107.3125.1162.2217.3235.7186.5130.784.292.799.093.095.0

102.6100.8 100.099.199.197.697.3 100.9101.4101.4

102.6101.4103.798.096.790.7 85.592.398.0 109.8 116.2 121.0 117.6

COCO

AVERAGE WHOLESALE PRICES OE COMMODITIES

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

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T able 9.—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924—Continued CO

Foods

(c) Other foods

Year or monthSalt

Starch: CornSugar

Tallow:Edible Tea: Formosa, fineVegetables: Canned

American Granulated 96° centrifugal Granulated Corn

AveragepriceperbarrelRela­tiveprice

I

Average price per ton[

Rela­tivepriceAveragepriceperpound

Rela­tivepriceAveragepriceperpound

Rela­tivepriceAveragepriceperpound

Rela­tivepriceAveragepriceperpound

Rela­tivepriceAveragepriceperpound

Rela­tiveprice

Republic, No. 2, fancy, average price per dozen cans

No. 2, standard, average price per dozen cans

Rela­tiveprice

1890..................... $0. 792 77.7 $0. 055 91.0 $0.055 156.0 $0. 062 144.5 $0. 273 110.11891___________ .787 77.1 .060 100.0 .039 111.7 .047 110. 3 I . 282 113.41892........ ............. .758 74.3 .060 100.0 .033 94.9 .044 101.9 l . 301 121.11893...... ............... .702 68.8 .060 100.0 .037 105.1 .048 113. 3 i . 289 116. 31894........ .............. .719 70.5 .057 94.5 .032 92.3 .041 96.3 . 278 112.11895...................... .702 68.8 .055 92.3 .033 92.9 .042 97.4 * . 270 108. 71896...................... .623 61.0 .051 85.5 .036 103.4 .045 106.1 . 258 104. 01897_____ _ . .661 64.8 .050 83.3 .036 101.7 .045 105.4 .280 112. 8 11898........ .............. .665 65.2 .050 83.3 .042 121.1 .050 116,4 l .296 119.11899___________ .637 62.4 .050 83.3 .044 126.3 .049 115.2 i .312 125. 5 i1900........ ............. 1.001 98.1 .050 83.3 .046 130.6 .053 124.8 i . 298 119.9 I1901...................... .857 84.0 .047 78.3 .040 115.4 .051 118.3 .285 114.81902..................... .636 62.4 .044 73.3 .035 101.1 .045 104.4 i " . . . . . . . . . . . .302 121. 41903-.-................ .614 60.2 .051 84.5 .037 106.3 .046 108. 7 .230 92. 51904______ ____ .770 75.5 .053 87.5 .040 113.4 .048 111. 7 . 267 111. 11905______ ____ .755 74.0 .055 92.0 .043 122.3 .053 123. 2 . 268 107. 71906-.................... .714 70.0 .058 96.2 .037 105.4 .045 105. 9 .235 94. 6 i1907______ ____ .793 77.8 .060 100.0 .038 107.1 .047 108.9 . 230 92. 61908...................... .785 77.0 .058 95.8 .041 110.0 .049 115. 7 . 213 85.9 $0,900 -------- ( 94.31909....................... .818 80.1 .060 100.0 .040 114.3 .048 111.5 .233 93.8 .908 95.2

WHOLESALE PBICES, 1890 TO 1924

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 101: bls_0390_1925.pdf

1910...................... .755.828.98874.081.1 96.8

.060.060.060100.0100.099.3

.042.045.042119.7127.4118.91911......................1912.......................1913............... 1.020 100.0 $3,250 100.0 .060 100.0 .035 100.01914...................... 1.020 100.0 3.250 100.0 .062 102.8 .038 109.7

1915....................... 1.070 104.9 3.250 100.0 .065 108.3 .047 132.91916...................... 1.145 112.3 3.885 119.5 .068 113.2 .058 165.41917...................... 1.623 159.1 7.117 219.0 .067 112.3 .063 179.41918...................... 1.976 193.7 8.700 267.7 .069 114.5 .064 183.11919.................... 2.053 201.3 8.021 246.8 .069 114.5 .075 214.61920...................... 2.725 267.1 8.139 250.4 .100 167.3 .130 372.01921...................... 2.700 264.7 10.205 314.0 .078 130.5 .047 134.61922...................... 2.415 236.8 8.969 276.0 .073 120.8 .047 133.11923...................... 2.472 242.3 8.863 272.7 .074 123.8 .070 200.3January........ 2.390 234.3 9.800 301.5 .073 120.8 .053 151.1February___ 2.390 234.3 9.800 301.5 .073 120.8 .062 176.0March....... . 2.471 242.2 9.800 301.5 .073 120.8 .073 208.0April.............May_______ 2.490 244.1 9.800 301.5 .073 120.8 .078 223.12.490 244.1 9.050 278.5 .073 120.8 .079 226.6June.............. 2.490 244.1 8.300 255.4 .073 120.8 .074 212.6

July........... . 2.490 244.1 8.300 255.4 .076 126.7 .069 198.3August.......... 2.490 244.1 8.300 255.4 .076 126.7 .061 172.9September...' 2.490 244.1 8.300 255.4 .076 126.7 .070 199.1October____ 2.490 244.1 8.300 255.4 .076 126.7 .076 217.1November... 2.490 244.1 8.300 255.4 .076 126.7 .073 208.0December. _ . 2.490 244.1 8.300 255.4 .076 126.7 .073 208.91924...................... 2.490 244.1 8.300 255.4 .076 126.7 .060 170.0January, s . . . 2.490 244.1 8.300 255.4 .076 126.7 .067 192.0February___ 2.490 244.1 8.300 255.4 .076 126.7 .072 206.9March........... 2.490 244.1 8.300 255.4 .076 126.7 .069 197.4April.............May.............. 2.490 244.1 8.300 255.4 .076 126.7 .064 182.02.490 244.1 8.300 255.4 .076 126.7 .056 160.9June.............. 2.490 244.1 8.300 255.4 .076 126.7 .051 145.4

July............... 2.490 244.1 8.300 255.4 .076 126.7 .051 146.0August.......... 2.490 244.1 8.300 255.4 .076 126.7 .054 154.0Septem ber.. 2.490 244.1 8.300 255.4 .076 126.7 .060 170.0October____ 2.490 244.1 8.300 255.4 .076 126.7 .060 172.3November— 2.490 244.1 8.300 255.4 .076 126.7 .058 166.0D ecember... 2.490 244.1 8.300 255.4 .076 126.7 .053 150.9

.050 ’ 116.2 .240 96.7 .983 103.0.053 124.8 .242 97.5 1.075 112.6.051 118.3 .245 98.7 .950 99.6.043 100.0 $0,080 165.6 .248 100.0 .954 100.0.047 110.3 .074 93.3 .248 100.0 1.091 $0.725 114.3

.056 130.2 .076 95.4 .240 96.7 .781 123.2.069 161.1 .106 133.7 .240 96.7 .850 134.0.077 180.6 .165 206.7 .306 123.4 1.615 254.5.078 182.4 .184 231.7 .358 144.3 1.777 280.0

.089 209.4 .190 238.4 .353 142.3 1.366 215.5.127 296.7 .139 175.0 .337 135.7 1.110 174.9.062 144.3 .070 87.4 .240 96.8 .875 138.0.059 139.1 .078 98.2 .302 121.8 .909 143.3

.084 197.7 .091 114.3 .310 124.8 .864 136.1.067 157.8 .094 118.0 .310 124.8 .825 130.1.073 170.7 .093 116.8 .310 124.8 ______ .825 130.1.086 200.7 .097 122.4 .310 124.8 .838 132.0.092 214.5 .102 128.0 .310 124.8 .875 138.0.094 220.4 .093 116.5 .310 124.8 .875 138.0.092 215.2 .081 101.8 .310 124.8 .875 138.0

.085 199.1 .077 96.6 .310 124.8 . 875 138.0.076 178.0 .080 99.9 .310 124.8 .875 138.0.082 192.7 .093 117.0 .310 124.8 .875 138.0.090 210.1 .098 122.5 .310 124.8 .875 138.0.087 202.6 .096 120.4 .310 124.8 .875 138.0.088 207.0 .093 116.2 .310 124.8 .875 138.0

.074 174.2 .094 118.6 .317 127.5 1.058 166.8.084 196.3 .093 116.2 .310 124.8 .875 138.0.087 203.5 .089 112.2 .310 124.8 .875 138.0.085 198.8 .087 109.2 .310 124.8 .875 138.0.079 185.9 .083 103.6 .310 124.8 .929 146. 1.073 170.0 .084 105.3 .310 124.8 .984 155.1.065 151.5 .082 102.9 .310 124.8 .975 153.7

.066 154.1 .099 124.1 .310 124.8 .975 153.7.066 155.0 .113 142.0 .310 124.8 .981 154.8.071 167.2 .098 123.2 .313 126.1 1.050 165.5.073 170.7 .099 124.1 .325 130.9 1.331 209.9.073 170.0 .101 126.8 .329 132.4 1.400 220.7.072 168.6 .105 131.9 .350 141.0 1.445 227.8

CDO l

AVERAGE WHOLESALE PRICES OP COMMODITIES

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 102: bls_0390_1925.pdf

C hart 13 <x>4 0 08 7 53 5 03 2 53 0 02 7 5

2 5 0

2 2 5

200

1 7 5

1 5 0

125

100

^5

50

40

WHOLESALE PRICES, 1890 TO 1924

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 103: bls_0390_1925.pdf

C h a r t 13a

400375350325300275250225200175150

100

75

50

40

CD- 3

AVERAGE WHOLESALE PRICES OE COMMODITIES

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 104: bls_0390_1925.pdf

1890.1891.1892.1893.1894.1895.1896.1897.1898.1899.1900.1901.1902.1903.1904.1905.1906.1907

T a ble 9 .—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924—Continued

Foods

CDOO

(c) Other foods

Vegetables: Canned

Re­public, No. 2, sifted, average price per dozen cans

Western, No. 5, sieve, average price per dozen cans

$1,3831.400

Rela­tiveprice

86.787.7

Tomatoes: Standard New Jersey, No. 3

Aver­agepricepercans

$1,079

Rela­tiveprice

83.074.0

Vegetable oil

Coconut: Crude

In tank cars,priceperpound

Spot,barrels,averagepriceperpound

Rela­tiveprice

Corn: Crude

Aver­agepriceperpoundRela­tiveprice

Cottonseed: Summer yellow, prime

Aver­agepricepergallon

$0,345.357.455

.272.251.237.229

.356.357.407.398.314

.270.361.487.409.440

Aver­agepriceperpoundRela­tiveprice

63.966.157.284.3 60.050.446.643.842.449.465.966.275.373.7 58.150.067.090.375.8 81.6

Olive

Italian

Aver­agepricepergallon

Otheredible

Aver­agepricepergallon

Rela­t iv eprice

Pea­nut:Crude

Aver­age price1 per pound

Soya bean: Crude

Aver­agepriceperpound

Rela­tiveprice

WHOLESALE PRICES, 1890 TO 1924

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 105: bls_0390_1925.pdf

loin 1,383 86.7 .921 70.8 .597 110.61911............................. 1,500 94.0 1.115 85.8 .466 $0,063 86.31912............................. l ' 625 101.8 1.417 109.0 .062 85.41913............................. 1.596 100.0 1.300 100.0 $0.120 100.0 $0,061 100.0 .073 100.0 $aoo4 100.0 $0,061 100.01914............................. 1.500 $0,815 94.0 1.008 77.6 .122 101.8 .062 101.6 .066 91.4 2.075 103.5 .063 ioao1915............................. .730 84.2 .988 76.0 .123 102.7 .063 103.8 .068 93.9 2.177 $1,833 108.6 .063 102.11916............................. .779 90.0 1.246 95.8 .151 126.2 .096 158.2 .106 146.8 1.875 111.1 $0,110 .089 145.61917............................. 1.323 152.7 1.900 146.2 .171 14a 3 .145 239.2 .154 211.7 2.400 14a 2 .153 .142 23a 21918............................. 1.504 173.5 2.239 172.2 .181 151.0 .180 297.0 .201 277.4 4.904 290.5 .182 .183 298.71919............................. 1.466 169.2 2.050 157.7 .174 144.9 .175 288.1 .241 331.9 3.429 203.1 .187 .167 272.61920.............................. 1.547 178.5 1.804 138.8 .174 145.3 .150 246.8 .154 211.7 3.338 197.7 .135 .152 247.61921.............................. 1.504 173.5 1.450 111.5 .101 84.1 .084 139.0 .079 109.1 2.146 127.1 .069 .079 129.71922............................. 1.401 161.6 1.550 119.2 .084 $0,095 70.2 .101 166.2 .101 138.8 1.787 105.8 .096 .109 178.11923............................. 1.350 155.8 1.683 129.5 .102 75.7 .116 191.1 .113 155.3 1.751 103.7 .131 .117 190.4January............... 1.350 155.8 1.650 126.9 .100 74.3 .110 180.6 .108 149.0 1.790 106.0 .130 .113 184.6February............ 1.350 155.8 1.650 126.9 .100 74.3 .112 184.0 .109 150.2 1.800 106.6 .135 .118 193.0March.................. 1.350 155.8 1.750 134.6 .103 76.2 .119 195.5 .118 163.2 1.800 106.6 .140 .123 201.1April.................... 1.350 155.8 1.750 134.6 .105 78.0 .125 205.9 .117 161.5 1.800 106.6 .140 .129 210.5M ay..................... 1.350 155.8 1.900 146.2 .109 80.8 .123 203.3 .117 161.4 1.800 106.6 .139 .132 215.7June..................... 1.350 155.8 2.000 153.8 .104 77.3 .121 199.8 .113 156.0 1.800 106.6 .130 .128 209.6

July ..................... 1.350 155.8 2.000 153.8 .100 74.3 .121 199.8 .102 140.7 1.725 102.2 .130 .118 192.0August___f____ 1.350 155.8 1.500 115.4 .099 73.9 .115 189.9 .104 143.6 1.700 100.7 .120 .103 167.5September........... 1.350 155.8 1.500 115.4 .100 73.9 .105 173.0 .117 161.5 1.700 100.7 .130 .108 175.7October............... 1.350 155.8 1.500 115.4 .100 74.3 .106 175.1 .120 164.8 1.700 100.7 .130 .110 179.7November........... 1.350 155.8 1.500 115.4 .101 75.3 .117 192.6 .118 16a 3 1.700 100.7 .125 .110 179.7December........... 1.350 155.8 1.500 115.4 .103 76.2 .118 193.6 .110 151.3 1.700 100.7 .120 .110 179.71924............................. 1.345 155.2 1.500 115.4 . 106 78.9 .119 195.7 .108 148.7 2.020 119.7 .118 il24 202.0January............... 1.350 155.8 1.500 115.4 .104 77.1 .118 193.6 .110 151.7 1.760 1013 .120 .113 183.8February............. 1.350 155.8 1.500 115.4 .105 78.0 .118 193.6 .101 138.8 1.963 116.2 .120 .116 188.9March.................. 1.350 155.8 1.500 115.4 .104 77.1 .112 183.7 .098 135.4 2.000 118.5 .120 .120 196.1April.................... 1.350 155.8 1.500 115.4 .101 75.3 .111 183.4 . 101 138.8 a 000 118.5 .118 .120 196.1M ay..................... 1.350 155.8 1.500 115.4 . 100 74.5 .109 179.6 .098 134.5 2.000 118.5 .113 .120 196.1June..................... 1.350 155.8 1.500 115.4 .097 72.0 .104 171.5 .104 143.7 2.000 118.5 .113 .120 196.1

July..................... 1.350 155.8 1.500 115.4 .099 73.4 .113 185.8 .121 166.9 2.000 118.5 .113 il21 197.7August................. 1.350 155.8 1.500 115.4 .108 80.2 .137 225.7 . 139 192.3 2.000 118.5 .116 .128 208.3September........... 1.350 155.8 1.500 115.4 .108 79.9 .129 2i a 2 .108 149.5 2.075 122! 9 .123 .128 208.3October............... 1.350 155.8 1.500 115.4 . 113 83.5 .124 203.9 . 113 155.3 2.150 127.4 .120 .132 215.7November........... 1.350 155.8 1.500 115.4 .118 87.3 .126 207.6 . 110 151.4 2.150 127! 4 . 120 .135 220! 6December........... 1.300 150.0 1.500 115.4 .118 87.8 .125 205.9 .114 157.7 2.150 127.4 .120 .133 216.51 No 1913 base priee.

3s

CDCD

WHOLESALE PRICES OE COMMODITIES

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 106: bls_0390_1925.pdf

table 9 .—AVERAGE WHOLESALE PRICES OP COMMODITIES, 1890 TO 1924-Continued

Poods Cloths and clothing

(c) Other foods (a) Boots and shoes

Year or month

Vinegar: Cider Children’sLittle boys’: Gun metal, blucher

Misses’Youths’: Gun metal, blucher

M en’s

Series 1, average price per gallon

Series 2, average price per gallonRela-tiveprice

Gunmetal,button

Gunmetal,polish,high-cut

Gun metal, polish,high-cut, with rubber heelBlack,vid,button

Black,vici.Polish,high-cut

Black, vici, polish,high-cut, w ith rubber heelCalf, bal.Good­year welt, dongola top, average price per pair

Black, calf, Good­year welt, blucher, average price per pair

Rela­tivepriceAver­agepriceperpair

Aver­agepriceperpair

Aver­agepriceperpair

Rela­tiveprice

Aver­agepriceperpair

Rela­tiveprice

Aver­agepriceperpair

Aver­agepriceperpair

Aver­agepriceperpair

Rela­tiveprice

Aver­agepriceperpair

Rela­tiveprice■------------------- *------------io n $0,156 103.9 $2,400 83.51801 .180 120.0 2.400 83.51802 .164 109.5 l_____ 2.400 83.51808 .150 100.0 2.400 83.51804 .150 100.0 2.400 83.51895.................................... .145 96.7 2.400 83.51808 .130 86.7 2.400 83.51897........... .130 86.7 2.400 83.51808 .133 88.3 2.320 80.71899.................................... .140 93.3 2.240 77.91900.................................... .135 90.0 2.240 77.91901.................................... .133 88.3 2.300 80.01002 .141 93.9 2.300 80.01903.................................... .130 86.7 2.350 81.71904.................................... .133 88.3 2.350 81.71905.................................... .146 97.2 2.375 $2.570 82.61008 .170 113.3 2.775 89.11007 .173 115.0 2.800 89.91008 .184 122.8 2.800 89.91909.................................... .180 120.0 2.950 94.8

100 W

HOLESALE PBICES, 1890 TO 1924

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

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19m ___ ___ .175 116.71011 .199 132.51019 .157 104.7101S .150 100.0 $0,833 100.6 $0.870 100.0 $1.019 100.0 $1.027 100.01014. ......... .174 $0,130 116.1 .873 104.9 .970 100.0 1.019 100.0 1.071 104.31015 .113 101.5 1.881 105.8 1.019 105.0 1.075 105.6 1.128 109.8101fi .130 116.4 1.083 130.1 1.237 127.5 1.415 138.9 1.334 129.91017 .173 154.5 1.547 185.8 1.716 176.9 1.861 182.7 1.757 171.11018 ___ .324 290.5 1.627 195.4 1.753 180.7 2.015 197.9 1.716 167.11010_ .309 277.1 2.128 255.5 2.284 235.5 2.709 265.9 2.118 206.31Q20_ .325 291.2 2.402 288.5 2.545 262.3 3.077 302.1 2.336 227.61921.................................... .230 206.1 1.777 $1,842 213.5 1.889 194.8 2.239 $2,351 219.8 1.811 176.41922.................................... .276 247.1 1.568 181.7 1.615 166.5 1.853 173.2 1.473 143.41923.................................... .205 183.7 1.568 $1,663 181.7 1.615 166.5 1.853 $1,948 173.2 1.473 143.4January..................... .220 197.1 1.568 1.663 181.7 1.615 166.5 1.853 1.948 173.2 1.473 143.4February ................... .220 197.1 1.568 1.663 181.7 1.615 166.5 1.852 1.948 173.2 1.473 143.4March........................ .210 188.1 1.568 1.663 181.7 1.615 166.5 1.853 1.948 173.2 1.473 143.4April........................... .210 188.1 1.568 1.663 181.7 1.615 166.5 1.853 1.948 173.2 1.473 143.4M ay............. ............. .210 188.1 1.568 1.663 181.7 1.615 166.5 1.853 1.948 173.2 1.473 143.4June........................... .210 188.1 1.568 1.663 181.7 1.615 166.5 1.853 1.948 173.2 1.473 143.4

July__ .210 188.1 1.568 1.663 181.7 1.615 166.5 1.853 1.948 173.2 1.473 143.4August .200 179.1 1.568 1.663 181.7 1.615 166.5 1.853 1.948 173.2 1.473 143.4September................. .200 179.1 1.568 1.663 181.7 1.615 166.5 1.853 1.948 173.2 1.473 143.4October___________ .190 170.2 1.568 1.663 181.7 1.615 166.5 1.853 1.948 173.2 1.473 143.4# November................. .190 170.2 1.568 1.663 181.7 1.615 166.5 1.853 1.948 173.2 1.473 143.4December.................. .190 170.2 1.568 1.663 181.7 1.615 166.5 1.853 1.948 173.2 1.473 143.41924.................................... .193 172.4 1.663 181.7 1.615 166.5 1.948 173.2 1.473 143.4January..................... .210 188.1 1.663 181.7 1.615 166.5 1.948 173.2 1.413 143.4February_______ .200 179.1 1.663 181.7 1.615 166.5 1.948 173.2 1.473 143.4March........................ .200 179.1 1.663 181.7 1.615 166.5 1.948 173.2 1.473 143.4April........................... .200 179.1 1.663 181.7 1.615 166.5 1.948 173.2 1.473 143.4M a y . . ....................... .200 179.1 1.663 181.7 1.615 166.5 1.948 173.2 1.4/3 143.4June............................ .200 179.1 1.663 181.7 1.615 166.5 1.948 173.2 1.473 143.4

July ............................ .180 161.3 1.663 181.7 1.615 166.5 1.948 173.2 1.473 143.4August....................... .180 161.3 1.663 181.7 1.615 166.5 1.948 173.2 1.473 143.4September................. .180 161.3 1.663 181.7 1.615 166.5 1.948 173.2 1.473 143.4October...................... .180 161.3 1.663 181.7 1.615 166.5 1.948 173.2 1.473 143.4November................. .180 161.3 1.663 181.7 1.615 166.5 1.948 173.2 1.473 143.4December _ .200 179.1 1.663 181.7 1.615 166.5 1.948 173.2 1.473 143.4

3.017 96.93.000 96.43.058 98.23.113 100.03.175 102.03.254 104.53.713 119.34.750 152.65.628 180.87.604 244.38.952 287.67.000 224.96.506 209.06.427 206.46.550 210.46.545 210.26.500 208.86.500 208.86.500 208.86.500 208.86.500 208.86.500 208.86.275 201.66.250 200.86.250 200.86.250 200.86.250 200.86.250 200.86.250 200.86.250 200.86.250 200.86.250 200.86.250 200.86.250 200.86.250 200.86.250 200.86.250 200.86.250 200.86.250 200.8

o

AVERAGE WHOLESALE PRICES OF COMMODITIES

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T a ble 9 .—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924—Continued

Cloths and clothing

(a) Boots and shoes

Men’s

Year or month

«

Black, calf, Goodyear welt, bal.Black, dress, Goodyear welt, side leather

Gun metal, Goodyear welt, blucher

Gunmetal,Good­yearwelt,bal.

Mahogany, chrome, side, Goodyear welt, bal.Tan, dress, Goodyear welt, calf

Tan, dress, Goodyear welt, side leather Bro­gans,split,averagepriceperpair

Seam­lessCreed-mores,averagepriceperpair

Splitseam­lessCreed-mores,Vldoublesole,averagepriceperpair

Tan,grain,blucher,Vidoublesole,averagepriceperpair

Choco­late,elk,blucher,doublesole,averagepriceperpair

Rela­tivepriceAver­agepriceperpairRela­tive-price

Aver­agepriceperpairRela­tiveprice

Aver­agepriceperpairRela­tiveprice

Aver­agepriceperpair

Aver­agepriceperpairRela­tiveprice

Aver­agepriceperpairRela­tiveprice

Aver­agepriceperpairRela­tiveprice

1890 $1.050 73.21891 1.050 73.21892 1.038 1 72.31893 1.013 70.61894 .969 67.61895 .981 68.41896 .994 69.31897 .950 66.21898 .913 63.61899 .938 65.31900 .938 65.31901 l .944 65.81902 .931 64.91 9 0 3 .925 64.51 9 0 4 .925 64.51905 1.004 70.01906 1.254 87.51907 1. 273 88.71908 1.135 79.11909.................................... 1.200 83.7

102 WHOLESALE PRICES, 1890 TO 1924

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1910.1911.1912.1913.1914.1915.1916.1917.1918.1919.1920.1921.

1923...................January . . . February..March.......April.........M ay..........June...........July...........August___September. October. __ November. December.

1924...................January. _. February..M arch___April..........M ay..........June...........July...........August___September.O ctober...November.December.

3.167 100.0 $2,238 100.0 $1.955 100.0 $2,632 100.0 $3,167 100.0 $2,238 100.03.283 103.7 2.275 101.7 2.121 108.5 2.773 105.3 3.283 103.7 2.275 101.73.350 105.8 2.475 110.6 2.250 115.1 2.900 110.2 3.350 105.8 2.475 110.63.888 122.8 2.708 121.0 2.675 136.8 3.404 129.3 4008 126.6 2.883 128.95.146 162.5 3.283 146.7 3.350 171.4 4 250 161.5 5.683 179.5 3.700 165.45.313 167.8 3.300 147.5 4.054 207.4 4 708 178.9 5.650 178.4 3.783 169.17.104 224.3 4.317 192.9 5.883 300.9 6.750 256.4 7.771 245.4 5.083 227.27.500 236.8 4.496 200.9 6.655 340.4 7.533 286.2 8.142 257.1 5.338 238.54.800 151.6 3.208 143.4 4.946 253.0 6.041 $3,700 229.5 5.175 195.0 3.563 159.24.612 145.6 3.005 134.3 4.571 233.8 3.484 216.0 4 742 149.8 3.307 147.84.850 153.2 3.150 140.8 4.397 2249 3.620 2245 4.850 153.2 3.350 149.74.850 153.2 3.150 140.8 4.650 237.9 3.702 229.5 4.850 153.2 3.350 149.74.850 153.2 3.150 140.8 4.618 236.2 3.734 231.6 4.850 153.2 3.350 149.74.850 153.2 3.150 140.8 4.350 222.5 3.600 223.3 4 850 153.2 3.350 149.74.850 153.2 3.150 140.8 4.350 222.5 3.600 223.3 4 850 153.2 3.350 149.74.850 153.2 3.150 140.8 4.350 222.5 3.600 223.3 4 850 153.2 3.350 149.74.850 153.2 3.150 140.8 4.350 222.5 3.600 223.3 4 850 153.2 3.350 149.74.850 153.2 3.150 140.8 4.350 222.5 3.600 223.3 4 850 153.2 3.350 149.74.850 153.2 3.150 140.8 4.350 222.5 3.600 223.3 4 850 153.2 3.350 149.74.850 153.2 3.150 140.8 4 350 222.5 3.600 223.3 4 850 153.2 3.350 149.74.850 153.2 3.150 140.8 4 350 222.5 3.600 223.3 4.850 153.2 3.350 149.74.850 153.2 3.150 140.8 4 350 222.5 3.600 223.3 4.850 153.2 3.350 149.74.850 153.2 3.150 140.8 4 350 222.5 3.600 223.3 4.850 153.2 3.350 149.74.879 154.1 3.098 138.5 4380 224 0 3.540 219.6 4.877 154 0 3.316 148.24.850 153.2 3.150 140.8 4 350 222.5 3.600 223.3 4.850 153.2 3.350 149.74.871 153.8 3.150 140.8 4 350 222.5 3.600 223.3 4.850 153.2 3.350 149.74.900 154.7 3.150 140.8 4 350 222.5 3.539 219.4 4.850 153.2 3.350 149.74.900 154.7 3.150 140.8 4 350 222.5 3.500 217.1 4 850 153.2 3.350 149.74.900 154.7 3.150 140.8 4.350 222.5 3.500 217.1 4.850 153.2 3.350 149.74.900 154.7 3.150 140.8 4 350 222.5 3.500 217.1 4 850 153.2 3.350 149.74.900 154.7 3.150 140.8 4 350 222.5 3.500 217.1 4 850 153.2 3.350 149.74.877 154.0 3.082 137.8 4 350 222.5 3.500 217.1 4.850 153.2 3.305 147.74.850 153.2 3.000 134.1 4350 222.5 3.500 217.1 4.850 153.2 3.250 145.34.850 153.2 3.000 134.1 4.411 225.6 3.541 219.6 4.878 154 0 3.250 145.34.850 153.2 3.000 134.1 4 500 230.2 3.600 223.3 5.000 157.9 3.250 145.34.896 154.6 3.046 136.1 4500 230.2 3.600 223.3 5.000 157.9 3.281 146.6

1.138 $1.100 1.0“ 1.231 1.3: $1.1121.152A*1.322 1.504 1.5091.967 $2.381 2.598 1.951 $1.743

1.7701.7861.7861.7861.786 1.711.7861.7861.7861.7391.7391.7391.739A. uou1.6921.6921.692 1.6751.6451.645A . U t U1.6451.6451.645 1.649 1.717

79.476.788.9100.0103.5113.7118.8135.2 135. G176.8192.9144.8122.3124.3125.4125.4125.4125.4125.4125.4125.4125.4 122.1 122.1 122.1 122.1116.9 118.8 118.8 118.8117.5115.5115.5115.5115.5115.5115.5

OCO

AVERAGE WHOLESALE PRTCES OP COMMODITIES

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T awle 9.—AVERAGE WHOLESALE PRICES OP COMMODITIES, 1890 TO 1924—ContinuedCloths and clothing

(a) Boots and shoes

Year or monthM en’s Women’s

Black, vici kid, Goodyear welt Black, kid, lace, Goodyear welt Gun metal, Good- year welt, button, average price per pair

Good­year welt, kid, lace, average price per pair

Colored,calf,Good­yearwelt, lace oxford, average price per pair

Rela­tiveprice

Solid grain, average price per pair

Gun metal, M cKay sewed, button, average price per pair

M cKay sewed, kid, lace, average price per pair

McKay sewed, kid, black, lace oxford, average price per pair

Rela­tiveprice

Patent leather pump, McKay sewed

Average price per pairRela­tiveprice

8K-inch boot, average price per pair

7H-inch boot, average price per pair

Rela­tivepriceAverage price per pair

Rela­tiveprice

1890............................... $2,500 87.2 $0,850 73.91891............................... 2.500 87.2 i .800 69.61892............................... 2.500 87.2 i .775 67.41893............................... 2.500 87.2 i .750 65.21894............................. 2. 500 87.2 1 .750 65.21895............................... 2.250 78.5 1 .850 73.91896............................... 2.250 78.5 i .850 73.91897............................... 2.000 69.8 l .850 73.91898............................... 2.000 69.8 i .850 73.91899............................... 2.000 69.8 • .850 73.91900............................... 2.000 69.8 i .904 78.61901...............: .............. 2.000 69.8 .854 74.31902............................... 2.000 69.8 .863 75.01903........ 2.000 69.8 i .888 77.21904............................... 2.008 70.1 .918 79.91905............................... 2.196 76.6 i .977 85.01906............................... 2.379 83.0 1.031 89.71907............................... 2.500 87.2 1.006 87.51908............. 2.500 87.2 .969 84.21909 __ 2.600 90.7 1.040 90.41910............. 2.600 90.7 i 1.023 88.91911 . . 2.617 91.3 1.017 88.41912 2.733 95.3 1.090 94.71913............................... 2.867 100.0 $3,666 1 6 6 . 6 $2.175 . . . . . . . . . . . . . . . . . 1 6 6 . 6 1.150 $ 1 . 659 100.0 $1,375 100.1

104 WHOLESALE PRICES, 1890 TO 1921

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1914 ........... .1915 .... .........1916 .........1917 .............1918 .............1919 .............1920 ...........1921 ....... .1922 .............1923 ........... .January ...February..M arch___April.........M ay..........June..........

July...........August___September.October__November.December.1924..................January ...February..M arch___April.........M ay..........June.........

Ju ly ..........August___September.October...November.December.

2.983 104.1 3.000 100.0 1 2.2753.104 108.3 3.000 100.0 ’ 2.3503.504 122.2 3.442 114 7 2.7635.067 176.7 4.496 149.9 3.5005.442 189.8 4.375 145.8 4.0247.246 252.8 6.596 219.9 5.879 $6,6718.338 290.8 7.663 255.4 7.6436.396 223.1 5.063 168.7 5.9175.833 203.5 4.335 144 56.000 209.3 4250 $3,850 141.76.000 209.3 4250 3.850 141.76.000 209.3 4.250 3.850 141.76.000 209.3 4.250 3.850 141.76.000 209.3 4.250 3.850 141.76.000 209.3 4.250 3.850 141.76.000 209.3 4250 3.850 141.76.000 203.3 4.250 3.850 141.76.000 209.3 4.250 3.850 141.76.000 209.3 4250 3.850 141.76.000 209.3 4250 3.850 141.76.000 209.3 4 250 3.850 141.76.000 209.3 4250 3.850 141.76.000 209.3 3.854 141.86.000 209.3 3.850 141.76.000 209.3 3.850 141.76.000 209.3 3.850 141.76.000 209.3 3.850 141.76.000 209.3 3.850 141.76.000 209.3 3.850 141.76.000 209.3 3.850 141.76.000 209.3 3.850 141.76.000 209.3 3.850 141.76.000 209.3 3.850 141.76.000 209.3 3.850 141.76.000 209.3 3.896 143.4

104.6i 1.741 105.0 1.458108.0 1.850 111.5 1.500127.0 2.333 140.7 1.908160.9 3.250 195.9 2.750193.3 3.708 223.6 2.938270.3 5.029 $5,975 303.2 4.079309.8 7.086 359.6 4.866$5,213 239.8 5.266 $3,979 267.1 4.0084.000 183.9 3.350 224.9 3.600

4.126 189.9 3.476 233.4 3.6004.000 183.9 3.350 224.9 3.6004.016 184.6 3.366 226.0 3.6004.150 190.9 3.500 235.0 3.6004.150 190.9 3.500 235.0 3.6004.150 190.9 3.500 235.0 3.6004.150 190.9 3.500 235.0 3.6004.150 190.9 3.500 235.0 3.6004.150 190.9 3.500 235.0 3.0004.150 190.9 3.500 235.0 3.6004.150 190.9 3.500 235.0 3.6004.150 190.9 3.500 235.0 3.6004.150 190.9 3.500 235.0 3.6004.118 189.4 3.500 235.0 3.5784.150 190.9 3.500 235.0 3.6004.150 190.9 3.500 235.0 3.6004.150 190.9 3.500 235.0 3.6004.150 190.9 3.500 235.0 3.6004.150 190.9 3.500 235.0 3.6004.150 190.9 3.500 235.0 3.6004.150 190.9 3.500 235.0 3.6004.000 183.9 3.500 235.0 3.5004.000 183.9 3.500 235.0 3.5004.061 186.8 3.500 235.0 3.5414.150 190.9 3.500 235.0 3.6004.150 190.9 3.500 235.0 3.600

106.1109.1138.8 200.0213.6296.7353.9291.5261.8261.8261.8261.8261.8261.8261.8261.8261.8261.8261.8261.8261.8261.8260.2 261.8 261.8 261.8 261.8 261.8 261.8261.8254.5254.5257.5 261.8 261.8

AVERAGE WHOLESALE PRICES OP COMMODITIES 105

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Chart 1440ft37535032530027525ft22520ft175

15ft

125

ltift

n

5ft

4ft

106 WHOLESALE PRICES, 1890 10 1924

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43831°—25f—Bull. 390-

C h a r t 14a

00

40 087585032580027525 0225200175

150

125

100

75

6 0

4 0

375350

275250225200175

150

125

100

75

40

1915 1916 1917 I9I& 1919 1920 1921 1922 1923 1924

<tew>oKWHOLESALE PRICES OE COMMODITIES

107

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T a b l e 9 .—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924—Continued

Cloths and clothing

(&) Cotton goods

Year or monthCalico Denims Drillings: Brown Flannel

Cocheco prints, average price per yard

Ameri­canstandard prints, average price per yard

Rela­tiveprice

Amos- keag, average price per yard

Massa­chusetts, average price per yard

Rela­tiveprice

Pepperell Stark A, averageMassa­chusetts, D stand­ard, average price per yard

Rela­tiveprice

Colored,2 H yards to the pound, average price per yard

Colored, 27 inches, 4.20 yards to the pound

Un­bleach­ed, 3H yards to thepound, average price per yard

Un­bleach­ed, 3.80 yards to thepound, average price per yard

Unbleached 36 inches, 3.20 yards to the pound

Average price per yardRela­tiveprice

price per yard Average price per yardRela­tiveprice

Average price per yardRela­tiveprice

IftQfl $0,065 114.5 $0.118 82.9 $0,068 83.0 $0,064 73.7 $0,088 86.4 $0,069 86.91&Q1 ’ 058 101.3 . 114 80.7 .065 79.2 .060 69.1 .088 86.4 .069 86.91802 .065 114.5 . 114 80.7 .058 70.7 .054 61.6 .084 82.7 .065 82.11802 .063 110.1 . 118 82.9 .059 71.7 .056 64.8 .073 71.6 .058 72,61804 .055 96.6 . 110 77.6 .056 67.9 .050 57.8 .068 66.6 .055 69.4180K .053 92.5 .099 69.7 .053 64.3 .049 *56.4 .065 64.2 .053 66.3180A [ 053 92.5 .099 69.7 .057 69.6 .052 60.1 .065 64.2 .055 69.41807 ’ 050 88! 1 .093 65.7 .053 63.8 .046 53.3 .058 56.8 .055 69.41808 !045 79! 3 .090 63.3 .051 62.3 .044 50.3 .058 56.8 .046 58.51800 . 048 85! 1 .090 63.2 .051 62.0 .046 52.6 .062 61.1 .051 64.1IQ on .053 92.5 . 107 75.7 .061 73.6 .054 62.4 .074 72.9 .057 71.61001 ’050 88.1 . 105 73.8 .059 71.1 .053 61.3 .064 63.2 .058 72.61002 !050 88.1 . 105 74.1 .058 69.9 .054 62.1 .065 64.2 .058 72.61002 ioso 88.8 . 113 79.5 .062 75.2 .058 66.9 .074 72.6 .063 79.41004 1053 93.2 . 122 85.9 .073 88.3 .066 75.8 .089 87.4 .072 91.31Q0R .052 91.1 .108 76.4 .072 87.6 .063 72.9 .085 84.3 .068 86.01000 .055 $0 050 96.9 . 123 87.0 .078 94.2 .074 85.3 .092 91.1 .072 91.3i i f U O . _______. . . . — . . . . .1007 < Pv» w v .060 117.8 .138 97.5 .083 100.2 .078 90.1 .099 97.5 .080 101.01008 * 052 101.6 . 116 81.9 .071 85.8 .072 82.7 .083 81.8 .070 87.91000 ’ 048 94.5 . 125 88.4 .074 89.7 .079 90.5 .075 74.4 .063 79.91010 .053 103.9 .145 102.3 .083 100.2 .086 40.082 98.7 .090 88.8 .075 94.71011 .050 97.6 .138 97.2 .082 100.0 .081 97.9 .100 98.7 . .076 96.31012 050 97.6 .136 95.7 .080 97.5 .079 95.5 .100 99.1 .075 95.21913................................................................... .051 100.0 .142 100.0 .082 100.0 .083 100.0 .101 100.0 .079 ............................ .................................... 100.0

108 ■WHOLESALE PRICES, 1890 TO 1924

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1914........................__ .049 96.1915........................... .049 95.1916.......................... .064 124.1917........................... .094 183.1918. ........................ .162 316.1919........................... .152 298.1920. ........................ .144 281.1921........................... .088 173.1922........................... .087 169.1923....................... . .100 195.January______ .098 190.February.......... .104 203.M arch____ _ .104 203.April. ___ __ .104 203.M ay____ _ __ .104 203.June____ ____ .104 203.

July................... .100 196.August ......... .089 173.September____ .089 173.October______ (2)November____ .099 193.December......... .104 203.1924........................... .098 192.January....... ..... .104 203.February_____ .104 203.March _____ .103 201.April................. .094 183.M ay.................. .094 183.June_________ .094 183.

July................... .094 184.August.............. .099 193.September____ .099 193.October......... .099 193.November____ .099 193.December......... (2)

.140 98.8 .079 95.9.164 .149 115.9 .069 84.3.228 177.6 .092 111.4.299 232.4 .157 190.6.368 286.4 .224 271.9.352 273.8 .237 288.2.460 358.0 .291 353.8.178 138.5 .126 153.6.203 157.9 .137 166.3.259 201.3 .178 215.7.245 190.4 .163 198.3.252 195.6 .174 211.5.261 202.6 .179 216.9.265 205.8 .185 224.8.265 205.8 .185 224.8.285 205.8 .177 215.4.265 205.8 .173 210.1.257 200.3 .165 200.5.246 191.6 .170 206.3.250 194.4 .175 212.6.263 204.4 .186 226.4.274 213.5 .198 240.2.234 182.2 .181 219.6.272 211.6 .200 243.0.253 196.6 .199 241.8.248 192.9 .185 224.8.241 187.3 .185 224.8.238 184.9 .181 219.7.233 181.4 .179 217.9.225 175.4 .170 206.8.233 181.2 .175 212.6.224 174.4 .175 212.6.216 167.7 .175 212.6.212 164.9 .175 212.6.216 167.7 .170 206.1

535,62

22,051811111588

314112666

13333

2 No quotation.

077 92.6 .102 100.4 .078 i 97.9066 80.2 .083 81.4 .068 ........... 1............. 86.0095 114.9 . 119 117.7 .086 j 108.2163 197.4 . 182 179.2 .134 j 169.4241 291.2 .321 317.2 .259 I 327.3225 271.8 .288 284.4 .235 296.5274 330.8 .443 436.9 .339 $0,317 428.1125 150.9 .186 183.2 .152 2016138 166.4 .170 168.1 .136 183.7171 207.3 .215 $0,155 212.4 .169 $0,204 228.6169 204.5 .203 .147 200.6 .160 .191 215.8173 209.1 .210 .150 207.3 .166 .200 224.3180 217.3 .214 .153 211.6 .169 .202 228.2181 219.2 .218 .155 214.7 .171 .204 230.7175 211.1 .218 .155 214.7 .171 .204 230.7169 204.2 .218 .155 214.7 .171 .204 230.7162 195.8 .218 .155 214.7 .171 • .204 230.7157 189.6 .218 .155 214.7 .171 .204 230.7162 195.3 .218 .155 214.7 .171 .204 230.7165 199.4 .218 .155 214.7 .171 .204 230.7182 219.6 .218 .156 214.7 .171 .205 230.7184 222.1 (2) .170 (2) .226170 205.8 . 151 206.9 .201 2215184 222.0 .161 220.7 .214 239.1178 214.8 .150 205.6 .200 223.1176 212.6 . 150 205.6 1 .200 223.1174 210.4 . 150 205.6 .200 223.1173 209.2 .150 205.6 .200 223.1169 204.5 .150 205.6 .200 223.1167 201.5 . 150 205.6 .200 223.1173 209.2 . 150 205.6 ' .200 223.1166 200.2 .150 205.6 ! .200 223.1160 194.0 .150 205.6 j .200 223.1160 193.2 .150 205.6 j .200 223.1164 198.6 .150 205.6 ! .200 223.11

AVERAGE WHOLESALE PRICES OE COMMODITIES 109

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1891.1892.1893.1894.1895.1896.1897.1898.1899.1900.1901.1902.1903.1904.

T a ble 9 .—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924—Continued

Cloths and clothing

(&) Cotton goods

Ginghams Hosiery

Amoskeag Lancaster Men’s Women’s

Average price per yardRela­tiveprice

Average price per yardRela­tiveprice

Two- thread, average price per dozen pairs, Sep­tember price

Single­thread, average price per dozen pairs, Sep­tember price

Single­thread, carded yarn, average price per dozen pairs

Combedyarn,fastblack,188needles, average price per dozen pairs

Rela­tiveprice

Full- fash­ioned, combed yarn, average price per - dozen pairs

Silkmercer­ized,mockseam,220needles, average price per dozen pairs

Rela­tiveprice

Seamless, single-thread Single-thread

26 to 28 ounce, 160 to 176 needles, average price per dozen pairs, Septem­ber price

26-ounce,176needles, average price per dozen pairs

16-ounce,220needles, combed yarn, average price per dozen pairs

16-ounce,220needles, combed yarn, mock seam, average price per dozen pairs

Rela­tiveprice

$0.063 96.2 $0,069 112.0 $1.274 131.3 $1.225 145. 6.065 100.0 .070 113.3 1.176 121.2 1.127 133.9.065 100.0 .070 113.3 1.078 111. 1 1.078 128.1.063 97.1 .064 103.2 1.054 108.6 $1,900 102.7 1. 054 125.2.049 74.6 .050 81.6 .980 101.0 1.900 102.7 .980 116.4.047 71.7 .050 80.3 .907 93.4 1.875 101.4 .858 101.9.047 72.6 .050 80.9 .833 85.8 1.875 101.4 .784 93.2.044 67.4 .049 79.9 .784 80.8 1. 850 100.0 .760 90.2.043 66. 3 .049 79.0 .735 75. 7 1.800 97.3 .711 84.4.048 73.4 .052 83.3 . 735 75. 7 1. 750 94.6 . 735 87.3.052 79. 2 .055 89.0 . 784 80. 8 1.900 102. 7 .760 90.3.049 75.4 .053 85. 9 . 686 70. 7 2.000 108.1 .662 78.6.052 80. 5 .058 93.0 . 735 75. 7 1.850 100.0 .735 87.3.055 84. 6 .058 93. 0 .784 $0.637 80.8 1. 875 101.4 .809 96.1.055 84.3 .056 90.0 .637 .......... 80.8 1. 800 97.3 .760 90.3

110 WHOLESALE PRICES, 1890 TO 1924

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1005 _____ .052 79.2 .052 83.7 .637IQOfi ______ .057 86.9 .059 95.8 .6621007 _______ .066 101.2 .069 111.6 .735 $0,800100ft ____ .055 84.3 .057 92.7 .7501000 ____ .059 90.5 .060 96.4 .8101010 .070 107.7 .066 106.8 .8041011 _ .068 104.8 .065 104.5 .8001012 .063 96.2 .060 97.1 .829loia .065 100.0 .062 100.0 .8581914 ...................... .063 96.2 .060 96.6 .8471915 ...................... .064 98.2 .059 96.1 .8751916 ...................... .081 125.1 .074 120.4 1.1041917 .......... .128 196.8 .114 184.91918 . ......... .180 277.2 .177 286.61919 .189 290.9 .177 286.11920 . . . .221 340.6 .218 352.71921........................... .119 182.3 .123 198.21922............................ .128 196.2 .136 219.91923 ......................... .143 220.5 . 147 237.7January______ .135 207.7 .145 234.6February .144 221.5 .145 234.6March _____ .144 221.5 .145 234.6April_____ ___ .144 221.5 .145 234.6M ay_________ .144 221.5 .145 234.6June _______ .144 221.5 .145 234.6

J u l y .................. .144 221.5 .154 248.5August_______ .144 221.5 .154 248.5September .144 221.5 .154 248.5October______ .144 221.5 .144 233.0November . 144 221. 5 . 144 233.0December _ • . 144 221. 5 .144 233.01924............................ . 122 187.2 .136 220.2January. - _ . 125 192.3 .144 233.0February __ _ _ . 125 192.3 .144 233.0March____ . . . 125 192.3 .144 233.0April_____ ___ . 125 192.3 .144 233.0M ay_________ .125 192.3 .144 233.0June________ .125 192.3 .131 211.2

July.................... . 125 192.3 .131 211.2August_____ . .125 192.3 .131 211.2September .125 192.3 .131 211.2October___ .125 192.3 .131 211.2November .105 161.5 .131 211.2December_____ .105 161.5 .131 211.2

$1.035 1.533 1.9042.1062.6881.6541.6501.7781.7501.7501.7501.7501.7501.7501.7501.750 1.760 1.800 1.8731.9001.8041.9001.900 1.800 1.800 1.800 1.8001.8001.8001.7971.7501.7501.750

80.8 1.750 94.683.9 1.900 102.793.2 2.025 109.587.4 1.775 95.994.5 1.775 95.993.7 1.831 99.093.2 1.844 99.796.7 1.795 100.0100.0 1.795 100.098.7 1.791 99.8

102.0 1.782 99.3128.7 2.102 117.1190.6 2.522 140.5236.7 3.739 208.3261.8 4.365 $4,306 243.2334.1 5.684 321.0205.7 2.627 148.4205.1 2.730 154.2221.0 2.623 148.1217.5 2.782 157.1217.5 2.775 156.9217.5 2.749 155.4217.5 2.725 153.9217.5 2.725 153.9217.5 2.575 145.4217.5 2.500 141.3217.5 2.500 141.3218.8 2.500 141.3223.7 2.550 144.0232.8 2.550 144.0236.2 2.550 144.0224.2 2.406 135.9236.2 2.550 144.0236.2 2.550 144.0223.7 2.550 144.0223.7 2.500 141.3223.7 2.500 141.3223.7 2.425 136.9223.7 2.350 132.8223.7 2.350 132.8223.3 2.275 128.4217.5 2.275 128.4217.5 2.275 128.4217.5 ......... 2.275 128.4

..760.833 $0,850.800.810.813.825.854.858.846.8711.142 $1,2831.8172.104

2.350 3.125 1.792 1.717 $1.7811.8201.8621.8621.8621.8621.8621.8621.8241.7891.7671.7641.7641.7641.7521.7641.7641.7641.7641.7641.7641.7641.764 1.7611.7151.7151.715

93.290.399.0 93.294.4 94.796.199.5100.098.5

101.5133.0188.3218.1243.6323.9185.7178.0181.9 186.2 186.2 186.2 186.2 186.2 186.2182.3178.7 176.6176.4176.4176.4175.2176.4176.4176.4176.4176.4176.4176.4176.4176.0171.4171.4171.4

AVERAGE WHOLESALE PRICES OE COMMODITIES 111

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Table 9.—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 192^-Continued

Year or month

Cloths and clothing(6) Cotton goods

Muslin: Bleached, 4r-4 PercalerScout,36-inch Print cloths Sheetings: Brown

Fruit of the Loom LonsdaleNew York Mills, 1890-1905; Williams- ville, Al, 1906-1909

Rough RiderWam-sutta< o >XX

W amsuttanainsookAver­agepriceperyard

Rela­tiveprice

28-inch,aver­agepriceperyard

27-inch,aver­agepriceperyard

Rela­tiveprice

4-4, Indian Head 4-4, Pep- perell R.

Aver­agepriceperyard

Rela­tiveprice

Aver­agepriceperyard

(Newcon­struc­tion.)Aver­agepriceperyard

Rela­tivepriceAverage price per yard

Aver­agepriceperyard

Rela­tiveprice

Aver­agepriceperyard

Aver­agepriceperyard

Rela­tiveprice

Aver­agepriceperyardRela­tiveprice

Aver­agepriceperyard

Rela­tiveprice

1890 _ $0,085 97.1 $0,085 96.8 $0,097 111.4 $0,101 90.5 $0,033 88.6 $0,073 86.1 $0,064 87.31891 .080 91.8 .082 94.2 .097 111.1 .101 90.3 .029 78.0 .073 86.3 .060 81.41892 .081 92.9 .081 93.0 .093 107.1 .097 87.1 .034 89.9 .065 77.0 .057 77.61893 .083 95.6 .083 95.4 .093 106.4 .098 87.8 .033 86.2 .068 80.6 .058 79.51894 .073 83.6* .073 83.3 .089 101.8 .095 85.0 .028 72.9 .060 71.0 .053 72.41895 ; 070 80.5 .070 79.8 .085 98.0 .097 86.8 .029 75.9 .059 69.5 .053 72.21896 .070 80.0 .069 78.5 .089 101.8 .095 85.1 .026 68.4 .062 73.9 .056 76.11897 .064 73.7 .063 72.6 .084 96.2 .094 83.7 .025 66.0 .059 69.8 .053 71.61898 .058 67.1 .060 68.3 .078 90.2 .081 72.2 .021 54.6 .054 64.1 .048 64.81899 .064 74.0 .063 71.7 .073 83.5 .089 79.9 .027 72.4 .054 64.6 .050 68.81900 .075 86.5 .073 83.8 .079 90.4 .097 86.4 .031 81.7 .062 74.0 .059 80.81901 .075 86.2 .074 84.5 .076 87.5 .088 78.3 .028 74.8 .063 74.9 .059 80.81902 .076 86.9 .074 84.9 .077 88.1 .089 79.2 .031 82.0 .063 74.2 .057 77.61903 .037 88.2 .076 86.5 .085 97.8 .097 87.2 .032 85.4 .068 80.9 .060 81.71904. .080 92.2 .080 91.2 .083 95.6 .092 82.5 .033 88.3 .080 95.2 .067. 91.31905 .075 86.0 .074 84.6 .085 97.6 .094 84.3 .031 82.8 .076 90.0 .064 87.91906 .082 93.9 .081 92.4 .095 108.9 .103 92.5 .036 , 96.0 .080 95.2 .069 93.41907 . 112 128.4 . 103 117.4 .116 133.8 .110 98.5 .048 126.0 .084 99.2 .075 101.81908 .091 104.9 .087 100.1 .094 108.0 .112 100.2 .034 88.9 .078 92.5 .068 93.21909............................. .091 104.4 .088 100.7 .088 $5,083 100.7 .106 ______ 94.7 ■_____ _____ .036 95.2 .075 89.3 .069 93.9

112 WHOLESALE PRICES, 1890 TO 1924

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1910 ...............1911 ............... .092.087 105.499.4 .0891912............................. .083 95.31913............................. .085 100.01914............................. .091 106.31915............................. .077 89.91916............................. .094 110.31917............................ .145 169.51918............................. .230 269.51919............................. .270 316.61920...... ....................... .344 402.71921............................ .166 194.01922............................. .171 200.01923............................. .185 216.8January .188 219.8February______ .190 222.7March _ .... . .194 227.7April................... .195 228.4M ay__________ .195 228.4June__________ .193 226.1

July .176 206.1August..,,........... .176 206.1September_____ .176 206.1October_______ .176 206.3November_____ . 181 211.6December_____ .181 211.61924............................. .183 214.6January.. __ .195 228.4February______ .192 225.4March____ __ .181 211.6April....... ........... .181 211.6M ay_____ ____ .181 211.6June__________ .181 211.6

Ju ly .................. .181 211.6August__ ,____ (*)September_____ (2)October............... .181 2II.6November.......... .181 211.6December........... .181 211.6

$0,084 102.2 .085 102.3.078 95.0 .079 95.9.079 95.3 .079 95.0.081 100.0 .080 100.0.083 102.8 .080 99.5.073 90.0 ,071 87.9.089 110.6 .091 113.3.139 172.4 .150 187.5.230 284.4 .225 281.1.243 301.0 .246 306.4.295 365.3 .268 333.7.149 184.2 .135 168.8.148 183.7 .142 176.7.166 205.8 .157 195.6.164 202.7 .165 205.6.170 210.9 .168 208.9.172 212.2 .170 211.7.172 212.2 .168 209.0.172 212.2 .162 202.1.170 210.4 .154 191.4.157 194.1 .147 183.4.157 194.1 .141 175.7.160 197.4 .148 184.3.162 200.1 .152 189.0.166 205.8 .155 193.5.176 217.7 .155 193.5.168 207.7 .152 189.3.176 218.3 .155 193.5.175 216.2 .153 190.5.167 206.2 .149 185.2.167 206.2 .153 191.0.167 206.2 .152 189.3.166 205.9 .149 186.0.163 201.7 .149 185.4.167 206.2 .154 191.4.167 206.2 .151 187.9.167 206.2 .153 190.5.167 206.2 .153 190.5.167 206.2 .153 190.5

* No quotation.

101.9 .038 101.6 .084 99.2 .073 99.798.9 .035 92.6 .088 104.4 .068 93.293.5 .038 101.1 .081 95.7 .069 94.1100.0 $0,068 100.0 .038 $0.035 100.0 .084 100.0 .073 100.0100.0 .068 100.0 .030 88.1 .080 94.8 .069 93.589.6 .063 93.0 .029 83.5 .068 80.9 .061 82.7112.2 .087 129.0 .042 121.5 .088 104.7 .083 113.1175.7 .132 196.0 .066 192.2 .145 171.6 .136 185.1270.1 .223 329.6 .113 327.5 .235 279.3 .201 274.6

319.5 .218 323.0 .099 287.0 .232 275.1 .193 262.6426.7 .198 293.8 .126 363.8 .288 342.5 .218 297.3256.1 .129 191.0 .051 148.7 .131 156.1 .114 155.8$0,226 245.5 .128 190.2 .066 189.9 .129 153.0 .125 170.4.235 255.3 .148 218.8 .075 217.4 .163 193.9 .152 207.4.235 254.6 .148 218.5 .078 227.3 .160 190.0 .146 199.3.235 255.3 .154 227.9 .080 231.9 .160 190.0 .151 206.1.235 255.3 .154 227.9 .082 237.7 .170 201.9 .155 211.5.235 255.3 .154 227.9 .079 229.3 .170 201.9 .155 211.5.235 255.3 .154 227.9 .073 211.9 .170 201.9 .155 211.5.235 255.3 .154 227.9 .070 202.9 .170 201.9 .150 204.2.235 255.3 .148 219.4 .066 192.2 .155 184.1 .145 197.8.235 255.3 .129 190.8 .064 186.7 .155 184.1 .145 197.8.235 255.3 .129 190.8 .071 204.4 .155 184.1 .148 201.6.235 255.3 (2) .075 217.4 .160 190.0 .150 204.6.235 255.3 .149 220.4 .079 229.3 .160 190.0 .159 216.5.235 255.3 .154 227.9 .081 235.7 .175 207.8 .165 225.1.235 255.3 .139 206.1 .068 197.7 .161 191.6 .155 211.2.235 255.3 .154 227.9 .077 222.9 .180 213.8 .165 225.1.235 255.3 .154 227.9 .071 204.6 .180 213.8 .160 217.9.235 255.3 .151 224.3 .066 192.2 .160 190.0 .155 211.5.235 255.3 .129 190.8 .066 192.2 .160 190.0 .155 211.5.235 255.3 .129 190.8 .066 192.2 .155 184.1 .155 211.5.235 255.3 .129 190.8 .068 198.3 .155 184.1 .155 211.5.235 255.3 .130 192.3 .068 197.4 .155 184.1 .155 211.5.235 255.3 .139 205.6 .070 201.5 .160 190.0 (2).235 255.3 .139 205.6 .066 190.1 .165 196.0 (2).235 255.3 .139 205.6 .066 192.2 .152 180.5 .150 204.6.235 255.3 .139 205.6 .067 195.1 .157 186.2 .150 204.6.235 255.3 (2) .068 195.7 .157 186.2 .149 202.9

09

AVERAGE WHOLESALE PRICES OP COMMODITIES

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1800.1891.1892.1893.1894.1895.1896.1897.1898.1899.1900.1901.1902.1903.1904.1905.1906.1907.1908.1909.

Table 9.—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924-Continued-

Cloths and clothing

(6) Cotton goods

Sheetings: Brown

4-4,] chusettsA, aver­age price per yard

ing brand, average price per yard

Law­renceL .L .,aver­agepriceperyard

WareShoalsL .L .,aver­agepriceperyard

Thread: 6-cord, 200-yard spools, J. & P. Coats, freight paidRela­tiveprice Average price per spool

Rela­tiveprice

. 110.5 $0,032 80.4. 99.4 .031 79.6. 91.2 .031 79.6. 96.1 .031 79.6. 87.2 .031 79.6

. 85.8 .031 79.6. 85.5 .031 78.8. 75.7 .031 77.8. 71.0 .031 77.8. 75.5 .031 77.8

. 85.0 .037 94.9. 82.7 .037 94.981.4 .037 94.989.7 .037 94.9102.9 .037 94.9104.3 .037 94.9110.3 .037 94.9111.8 .042 106.689.7 .041 104.197.0 .039 100.0

Underwear

Men'sshirtsanddrawers, 12H-1S pounds, average price per 12-gar­ments

Men's shirts and drawers, 12-12^ poundsWo­men's union suits, series I, average price per 12 suits

Women's union suits, series II

Average price per 12 gar­mentsRela­tiveprice

Average price per 12 unitsRela­tiveprice

Yams, carded

White, mule- spun, northern, cones, 10/1

Average price per poundRela­tiveprice

W hite, mule- spun, northern, cones, 22/1

Average price per poundRela­tiveprice

$0,066.059.055.057.052.051.051.045.042.045.051.049 $0,058.057.062.072

.073.077.078 $0,065.052.056

$0,179.179.189.181.152.148.148.145.146.141.185.159.154.187.198.173.200.220.178.197

80.981.185.281.768.8

66.7 67.065.665.863.683.671.669.584.589.578.390.699.680.388.9

$0,221.224.230.214.180.182.184.179.179.176

.193.182.216.228

.204.230257.210.226

89.2 90.792.986.4 72.673.374.5 72.272.471.192.277.973.587.192.182.393.1 103.985.091.3

WHOLESALE PBICES, 1890 TO 1924

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19101911191219131914

.061

1915.1916.1917.1918.1919.1920.1921.1922.1923— .............January...February..March___April.........M ay.........June..........

July..........August___September.October—November.December.1924.................January... February..M arch___April.........M ay.........June_____

July--------August___September. October.. . November. December.

$0,065 105.4 .039 100.0.058 93.7 .039 100.0.061 98.5 .039 100.0.061 100.0 .039 100.0.056 91.2 .038 95.7.052 84.0 .036 91.6.072 117.6 .037 93.6.118 192.7 .043 108.9.195 317.3 .051 130.4.168 273.5 .055 140.6.211 343.5 .098 249.5.087 142.2 .069 175.3.103 168.4 .058 148.7.123 199.8 .058 148.7.121 197.1 .058 148.7.126 205.5 .058 148.7.128 208.3 .058 148.7.129 210.4 .058 148.7.124 202.1 .058 148.7. .119 194.3 .058 148.7.117 189.9 .058 148.7.111 180.5 .058 148.7.111 181.1 .058 148.7.125 203.6 .058 148.7.128 ,207.8 .058 148.7.133 217.3 .058 148.7.113 183.6 .068 172.4.129 210.3 .058 148.7.125 204.2 .058 148.7.121 196.4 .058 148.7.110 179.6 .058 148.7.108 176.6 .068 172.7.108 175.6 .073 186.0.108 175.1 .073 186.0.116 189.4 .073 186.0.110 179.0 .073 186.0.103 167.6 .073 186.0.106 173.0 .073 186.0.108 175.9 .073 186.0

2 No quotation.

.233 105.4 .252 101.8

.210 95.1 .235 94.8

.201 90.8 .228 92.2$4,250 100.0 $8.250 loo.o .221 100.0 .248 100.04.250 100.0 8.250 100.0 .197 88.9 .218 88.04.188 •98.5 8.250 100.0 .173 7a 0 .198 80.04.'609 108.5 9.031 109.5 .265 119.6 .297 120.06.677 157.1 12.292 149.0 .397 179.4 .449 181.2

13.029 306.6 18.021 218.4 .599 270.5 .662 267.511.461 269.7 17.846 216.3 .534 241.3 .596 240.813,521 318.1 22.632 274.3 .625 282.2 .703 283.87.699 181.1 14.917 180.8 .290 131.2 .331 133.67.500 $6.313 176.5 14.000 $11,625 169.7 .361 163.0 .397 160.5

7.200 201.4 12.625 184.3 .448 202.4 .486 196.27.000 195.7 12.000 175.1 .435 196.7 .474 191.57.000 195.7 12.000 175.1 .448 202.5 .487 196.77.331 204.9 12.500 182.4 .462 208.6 .502 202.97.500 209.7 12.500 182.4 .448 202.4 .495 199.87.500 209.7 12.500 182.4 .423 191.1 .471 190.17.500 209.7 12.500 182.4 .412 186.0 .458 185.27.250 202.8 12.500 182.4 .404 182.5 .437 176.77.000 195.7 12.500 182.4 .402 181.8 .432 174.57.000 195.7 12.500 182.4 .448 202.5 .472 190.77.000 195.7 12.500 182.4 .461 208.1 .494 199.57.067 197.7 13.000 189.7 .501 226.3 .540 218.27.250 202.8 14.500 211.6 .533 240.7 .564 227.98.125 227.2 13.384 195.2 .444 200.6 .474 191.68.125 227.2 13.500 197.0 .517 233.4 .552 223.08.125 227.2 13.500 197.0 .491 221.6 .522 210.78.125 227.2 13,500 197.0 .453 204.9 .483 194.98.125 227.2 13.500 197.0 .448 202.3 .476 192.18.125 227.2 13.500 197.0 .445 201.3 .475 191.88.125 227.2 13.500 197.0 .445 200.9 .474 191.48.125 227.2 13.500 197.0 .438 197.8 .471 190.48.125 227.2 13.500 197.0 .434 196.2 .469 189.38.125 227.2 13.500 197.0 .408 184.1 .432 174.68.125 227.2 12.750 186.2 .415 187.7 .449 181.48.125 227.2 12.750 186.2 .418 18a 9 .446 180.18.125 227.2 (2) .416 188.0 .446 180.0

WHOLESALE PRICES OP COMMODITIES 115

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1891.1892.1893.1894.1895.1896.1897.1898.1899.1900.1901.1902.1903.1904.1905.1906.1907.1908.1909.

T a b l e 9 .—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924—Continued

Cloths and dothing

(6) Cotton goods

Yarns: Carded

Southern, 2-ply for weaving, 16/2, aver­age price per pound

Twisted, ordinary for weav­ing 20/2, average price per pound

Rela­tiveprice

peeler cones for weaving, 50/2, aver­age price per pound

Twisted, ordinary for weav­ing, 40/2,price per pound

Rela­tiveprice

(c) Woolen goods

Flannel: White, 4-4, Bal­lard vale, No. 3

priceperyardRela­tiveprice

Hosiery:M en’scash-mere,

price 1 per dozen pairs

Overcoating

Kersey: 27 to 28 ounce, average price per yard

Soft-faced:Black,plaintwill,24-ounce,averagepriceperyard

Heavy: 30 to 31 ounce, aver­age price per yard

Rela­tiveprice

Suiting

Clayworsted:Diag­onal,12-ounce

Aver­agepriceperyard

Serge: 9H* ounce, 55-57 inch

Aver­agepriceperyard

Rda-tiveprice

Clay worsted: Diagonal, 16-ounce

Aver­agepriceperyard

Rela­tiveprice

$0,440.440.437.413.355.308.322.311.369.375.410

.443

.446.461.464.461.459

94.994.994.289.076.566.569.467.279.580.988.482.086.092.995.696.299.5

1 0 0 .199.5 99.1

$1,1831.3001.2581.5751.5001.5001.575 1.6501.8312.0421.9711.8501.788

67.674.3 71.990.085.785.790.094.3

104.6116.7 112.6105.7 102.1

$0,762.734.760.917.9461.082.911.913.949.9241.093 1.215 1.170 1. If4 1.238

64.762.364.577.880.391.977.477.580.678.592.8103.299.494.6 105.1

$0,945 .882 .939 1.122 1.1471.346 1.118 1.093 1.129 1.1041.3011.4741.4031.3391.485

68.363.8 68.0 81.283.097.480.979.1 81.779.994.2 106.7101.596.9107.5

116 WHOLESALE PEICES, 1890 TO 1924

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1910.........................1911.........................1912.........................1913______ ______ $0.215 100.0 $0,5011914......................... .191 88.7 .4881915......................... .167 77.5 .4411916......................... .268 124.3 .7061917......................... .389 180.6 .9331918..................... .643 $0,694 298.7 1.1761919....................... .621 267.01920_____ _______ .719 309.51921..................... . .273 117.71922.................... .365 156.81923....................... .488 210.0January_____ .498 214.5February____ .516 221.9March______ .536 230.9April....... ........ .514 221.3M a y .............. .465 199.8June................. .434 186.7

July.................. .407 175.3August............ .412 177.4September___ .476 204.9October........... .499 214.8November___ .541 232.7December___ .555 238.71924......................... .458 196.8January........... .532 228.8February____ .491 211.2March______ .457 196.5April................ .452 194.2M ay................ .450 193.9June________ .442 190.3

July.................. .447 192.4August............. .463 199.2September___ .426 183.1October_____ .443 190.6November___ .445 191.2December .445 191.5

$0,900.921 1.421 .422 .649.632.679.691.711.689.632.591.543.533.577.604.654.682.563.652.616.590.573.559.550.547.553.518.528.537.537

100.097.588.0140.9186.4234.9

240.3370.9109.9143.3164.9177.3180.2185.6179.9164.9154.3141.6139.3150.6357.6170.5178.1147.0170.3160.9153.9149.4145.9143.5142.8144.2135.3137.9140.2140.0

.466.430.452.464.455

.475.515.728.882

.867 1.036 .820 .9371.0171.0001.0001.0001.0401.0401.0401.0401.0401.0001.0001.0001.0001.0001.0001.0001.0001.0001.0001.0001.0001.0001.0001.0001.0001.000

100.492.897.5103.098.1102.4111.2157.1190.2187.1223.6176.9202.0219.4215.8215.8215.8224.4224.4224.4224.4224.4215.8215.8215.8215.8215.8215.8215.8215.8215.8215.8215.8215.8215.8215.8215.8215.8215.8

1 No 1913 base price.

1.925 110.0 1.223 ! 103.8 1.459 105. O’1.750 $1.395 101.6 1.093 92.8 1.273 92.11.354 1 98.6 1.215 103.2 1.406 101.81.878 100.0 1.178 100.0 1.382 100.01.294 94.3 1.080 91.7 1.283 92.81.423 103.7 1.223 103.8 1.481 107.1$2,093 1.920 139.9 1.631 138.5 1.996 144.43.083 2.569 187.2 2.375 201.7 3.125 226.14.000 3.105 226.2 3.322 282.1 4.262 308.4

4.158 2.140 155.9 2.453 208.3 3.150 227.95.116 3.519 256.4 3.826 324.9 4.995 361.53.250 1.880 $2.375 137.0 2.079 $1.125 176.6 2.657 192.23.308 2.604 150.2 1.168 183.3 2.715 196. 53.569 2.877 165.9 1.416 222.2 3.240 234.53.455 2.625 151.4 1.350 211.9 3.016 218.23.455 2.900 167.3 1.350 211.9 2.970 214.93.455 2.900 167.3 1.350 211.9 (2)3.675 2.900 167.3 1.575 247.2 3.420 247.53.675 2.900 167.3 1.575 247.2 3.420 247.53.675 2.900 167.3 (2) (i)3.675 2.900 167.3 1.395 219.0 3.263 236.13.553 2.900 167.3 1.395 219.0 3.263 236.13.553 2.900 167.3 1.395 219.0 3.263 236.13.553 2.900 167.3 1.395 219.0 3.263 236.13.553 2.900 167.3 1.395 219.0 3.263 236.13.553 2.900 167.3 1.395 219.0 3.263 236.13.430 2.983 172.1 1.428 224.1 3.029 219.23.430 2.900 167.3 1.395 219.0 3.015 218.23.430 2.900 167.3 1.395 219.0 3.015 218.23.430 3.000 173.0 1.395 219.0 3.015 218.23.430 3.000 173.0 1.395 219.0 3.015 218.23.430 3.000 173.0 1.395 219.0 3.015 218.23.430 3.000 173.0 1.395 219.0 3.015 218123.430 3.000 173.0 1.395 219.0 3.015 218.23.430 3.000 173.0 1.395 219.0 2.974 215.23.430 3.000 173.0 1.395 219.0 2.925 211. 73.430 3.000 173.0 1.530 240.2 3.091 223.73.430 3.000 173.0 1.530 240.2 3.128 226.33.430 3.000 173.0 1.520 238.6 3.128 226.3

2 No quotation.

- a

AVERAGE WHOLESALE PRICES OE COMMODITIES

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

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1890.1891.1892.1893.1894.1895.1896.1897.1898.1899.1900.1901.1902.1903.1904.1905.1906.1907.1908.1909.

TABLE 9.—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924r-Continued00-

Cloths and clothing

(c) Woolen gpods

Suiting Trousering Underwear

Middlesex Serge Fancy worstedCottonwarp,worstedfilling.11-11 y2ounce,averagepriceperyard

Rela­tiveprice

Shirts and drawers

Indigo blue, all wool, 14- ounce, 54- inch, aver­age price per yard

Wool- dyed, blue, 16-ounce, 55-56-inch average price per yard

Rela­tiveprice

Wash­ington Mills, 6700, average price per yard

11-ounce Fulton Mills, 3192, average price per yard

Rela­tiveprice

Un­finished worsted, average price1 per yard

22-23ounce,aver­agepriceperyard

21-22ounce,aver­agepriceperyard

11-11Hounce,aver­agepriceperyard

AH wool, white, average price per 12 gar­ments

Merino, natural, 50 per cent wool, average price per 12 gar­ments

Merino, full-fash­ioned, 60 per cent wool, average price per 12 garments

! "

Rela­tiveprice

$1,547 100.1 $24,750 91.71.547 100.1 25.650 95.01.547 100.1 $0,910 97.4 $2,073 99.5 25.650 95.01.508 97.6 .910 97.4 2.073 99.5 25.650 95.01.470 95.1 .683 73.1 1.924 92.3 21.600 80.01.152 74.6 .683 73.1 1.710 82.1 21.600 80.01,138 73.6 .614 65.8 1.796 86.2 21.600 1 80.01.047 67.7 .660 70.6 1.796 86.2 21.600 !................. 80.01,138 73.6 .751 80.3 2.120 101.7 21.600 80.01.138 73.6 .811 86.7 2.073 99.5 23.400 86.71.138 73.6 .810 86.7 2.287 109.7 23.400 86.71.185 76.6 .803 85.9 1.988 95.4 23.400 86.71.312 84.9 .791 84.7 1.980 $2,030 95.0 23.400 86.71.440 93.2 .756 80.9 2.093 97.9 23.400 86.71.444 93.4 .774 82.9 2.124 99.4 23.400 86.71.530 99.0 .964 103.2 2.233 104.5 23.400 86.71.710 110.6 1.044 111.8 2.413 112.9 27.000 i1 100.01.710 110.6 1.050 112.3 2.447 114.4 27.000 100.01.575 101.8 .994 106.4 5 2.494 116.7 27.000 1 100 01.575 101.8 1.069 $1,294 114.4 6 2.484 116.2 27.000 100.0

WHOLESALE PRICES, 1890 TO 1924

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

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1910.......................... 1.575io i i .......................... 1.4891912.......................... 1.5231913............... .........1914..........................1915..........................1916..........................1917..........................1918........ ................1919..........................1920..........................1921...... ...................1922............... .........1923.......................... $2,025January______ 1.975February____ 1.975March......... ..... 1.975April________ 2.125M ay________ 2.125June......... ........ 1.975

July.... .............. 2.025August______ 2.025September....... 2.025October______ 2.025November........ 2.025December____ 2.0251924.......................... 2.094January_____ 2.025February.......... 2.025March_______ 2.025A pril................ 2.025M ay........ ......... 2.025June................ 2.025

July_________ 2.025August............. 2.050September___ 2.150October______ 2.150November___ 2.300December____ 2.300

101.8 1.266 111.996.3 1.127 99.7$1,523 98.5 1.142 101.01.545 100.0 1.131 100.0J. 459 94.4 1.078 95.41.564 101.2 1.194 105.61.974 127.8 1.513 133.83.158 204.4 2.273 201.04.040 261.5 3.391 300.04.009 259.5 2.989 264.44.179 270.5 3.679 325.42.933 189.8 2.225 196.83.101 200.7 2.271 200.93.623 234.5 2.604 230.33.420 221.4 2.484 219.73.510 227.2 2.408 212.93.510 227.2 (2)3.510 227.2 2.813 248.83.690 238.8 2.813 248.83.690 238.8 (2)3.690 238.8 2.588 228.93.690 238.8 2.588 228.93.690 238.8 2.588 228.93.690 238.8 2.588 228.93.690 238.8 2.588 228.93.690 238.8 2.588 228.93.660 236.9 2.428 214.73.690 238.8 2.408 212.92.690 238.8 2.408 212.93.690 238.8 2.408 212.93.690 238.8 2.408 212.93.690 238.8 2.408 212.93.600 233.0 2.408 212.93.600 233.0 2.408 212.93.600 233.0 2.387 211.13.600 233.0 2.363 209.03.690 238.8 2.493 220.53.690 238.8 2.520 222.93.690 238.8 2.520 222.9

7 2.578i 8 2.381 .i 82.363 !9 2.138 ........... i

»2.138 ______ 1______» 2.2119 2.596 $1,9412.3483.465

3.512 $2,4882.6571.7381.579$2.168 1.7082.048 1.6502.048 1.690(2)2.250 1.7251.7252.250 1.725(2) 1.7252.183 1.7252.183 1.7252.183 1.7002.183 1.7002.183 1.700(2)2.195

1.7001.6862.138 1.7002.138 1.7002.138 1.7002.138 1.7002.138 1.7002.138 1.700

2.138 1.7002.127 1.6872.115 1.6002.359 1.6412.385 1.7002.385 1.700

120.6111.4110.5 100.0 100.0103.4121.5147.0217.0219.9234.9153.5139.6150.9145.8149.3152.4152.4152.4152.4152.4152.4150.2150.2150.2150.2148.9150.2150.2150.2150.2150.2150.2150.2149.1141.4144.9150.2150.2

27.000 100.027.000 ___ i 100.027.000 $12,690 12.690 100.0100.012.690 100.012.690 100.013.548 106.817.667 139.221.560 $33,250 169.9

30.000 153.233.500 171.330.583 156.330.167 154.133.000 168.533.000 168.533.000 168.5

................. 33.00033.000 168.5168.533.000 168.533.000 168.533.000 168.533.000 168.533.000 168.533.000 168.533.000 168.533.000 168.533.000 168.533.000 168.533.000 168.533.000 168.533.000 168.533.00033.000 168.5168.533.000 168.533.000 168.533.000 168.533.000 168.533.000 168.533.000 168.5

1 No 1913 base price. * 19 to 20 ounce. 718 ounce. 9 16M to 17H ounce.3 No quotation. 618 to 19 ounce. 817 to 18 ounce.

AVERAGE WHOLESALE PRICES OF COMMODITIES 119

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1890.1891.1892.1893.1894.1895.1896.1897.1898.1899.1900.1901.1902.1903.1$04.1905.1906.1907.1908.1909.

9.—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924— Continued

Cloths and clothing

(c) Woolen goods

rwear Women's dress goods

Union suits, merino, natural, 3 3 H per cent wool, light weight, average price per12 suits

Union suits, 33 per cent worsted,price per 12 suits

Rela­tiveprice

100.9106.4106.4106.490.087.387.387.390.0 81.890.090.090.090.090.090.0 100.0 100.0 100.0 100.0

Cash- mere, cotton warp, Atlantic Mills F, average price per yard

$0,181.181.179.150.135.127.127.137.143.159.164 .159 . 164 .168 .174

.216.223.211.223

All wool

Broad­cloth,53-54inches,averagepriceperyard

Broad­cloth,54-56inches,averagepricoperyard

Rela­tiveprice

86.086.084.971.064.060.5 60.365.168.175.677.9 75.277.979.7 82.695.7 102.3 106.0 100.0 105.8

Cash- mere, 10-11 twill, 38-inch, Atlantic Mills J., average price per yard

$0,348.366.372.325.245.235.196.239.257.321.346.323.323.332.342.373.392

Cash- mere, 8-9 twill, 35-inch, Atlantic Mills, averago price per ■ yard

$0,338.319.348

French35-36inches,averagepriceperyard

Rela­tiveprice

87.191.793.381.361.458.949.159.864.4 80.386.681.081.083.2 85.693.598.298.292.5

101.1

Frank­linsack­ings,54-inch,priceperyard

$0,594.618.618.606.489.434.416.424.455.489.610.538.558.590.584.675.687

Panamacloth,54-inch,averagepriceperyard

$0,698.698.704

Stormoublewarp,50-inch,averagepriceperyard

Rela­tiveprice

101.8106.0106.0103.883.874.571.272.6 78.193.9

104.592.3 95.8101.1100.1115.7117.8 112.0 112.0112.9

120 WHOLESALE PRICES, 1890 TO 1924

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1910_ ... 18.000 100.0 .228 m 2 .368 106.8 .6951911 18.000 100.0 .218 103.5 .354 102.7 .6711912______ 18.000 $8,460 100.0 .218 103.5 .346 100.5 .6521813 8.460 100.0 .211 100.0 .344 100.0 624 $0,5631014 8.460 100.0 .201 $1,039 95.3 .319 $0,305 92.5 .5001915........................ 8.460 100.0 1.172 107.6 .315 95.3 .5571916........................ 9.365 110.7 1.484 136.2 .426 129.2 .7621917........................ 13.854 $12,021 163.8 2.079 190.8 .713 216.3 1.0881918........................ 17.588 $23,520 239.6 2.530 $3,054 232.2 .897 271.8 1.4651919........................ 23.520 239.6 a 451 262.4 .901 273.3 1.3181920........................ 46.223 470.8 3.676 279.6 1.083 328.1 1.3411921........................ 26.950 274.6 2.321 176.5 .725 219.9 .8821922........................ 27.930 284.4 1.976 150.2 .663 200.9 .8381923........................ 29.400 299.5 2.257 171.6 .753 228.3 1.024January......... 29.400 299.5 2.093 159.1 .725 219.7 .950February___ 29.400 299.5 2.162 164.4 .738 223.5 .993M arch........... 29.400 299.5 2.255 171.6 .750 227.3 1 1.035April.............. 29.400 299.5 2.255 171.6 .750 227.3 1 1.035M ay .............. 29.400 299.5 2.255 171.6 .750 227.3 ..................r ................ 1.035June............... 29.400 299.5 2.255 171.6 .750 227.3 i 1.035

July................ 29.400 299.5 2.255 171.6 .750 227.3 1.035August........... 29.400 299.5 2.255 171.6 .750 227.3 1.035Septem ber... 29.400 299.5 2.325 176.7 .750 227.3 1.035October.......... 29.400 299.5 2.325 176.7 .775 234.9 1.035November.. . 29.400 299.5 2.325 176.7 .775 234.9 1.035December___ 29.400 299.5 2.325 176.7 .775 234.9 1.0351924........................ 30.135 306.9 2.453 i186.5 L _ .775 234.9 1.035January......... 29.400 299.5 2.325 176.7 ................ .775 234.9 1.035February___ 29.400 299.5 2.325 176.7 1_________ .775 234.9 1.035M arch........... 29.400 299.5 2.325 178.7 ! .775 234.9 • 1.035April.............. 30.380 309.6 2.325 176.7 .775 234.9 1.035M ay............... 1 30.380 309.6 2.325 176.7 .775 234.9 1.035June............... 1 30.380 309.6 2.325 176.7 .775 234.9 1.035

July................ ................1 30.380 309.6 2.325 176.7 .775 234.9 1.035August........... 1 30.380 309.6 2.558 194.6 .775 2349 1.035Septem ber... ................ 1 " ............ 30.380 309.6 2.651 201.5 .775 234 9 1.035October.......... 30.380 309.6 2.651 201.5 .775 2349 1.035November__ .............L . . . 30.380 309.6 2.651 201.5 .775 2349 1.035December___ ................ i................ 3a 380 309.6 2.651 201.5 .775 2349 1.035

111.5107.6 1015100.088.999.1135.4193.4260.4

234.2238.3156.7149.0182.1 16a 9176.4 1810 1810 1810 18101810181018101810181018101810181018101810181018101810181018101810181018101810

AVERAGE WHOLESALE PRICES OP COMMODITIES 121

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1891.1892.1893.1894.1895.1896.1897.1898.1899.1900.1901.1902.1903.1904.1905.1906.1907.1908.1909.

T a ble 9 .—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924—Continued.

Cloths and clothing

(c) Woolen goods

Women’s dress goods

Cotton warp

(d) Silks, etc.

Worsted yarns Linen shoe thread: 10s, Barbouri

Cashmere: 22-inch, Hamilton, average price per yard

Poplar cloth: Worsted filling, 32-inch, average price per yard

Rela­tiveprice

$0,083.083.082.081.076

100.3100.3 98.997.491.5.074.071.069.069.071

88.585.682.6 82.6 85.0.076.076.075.074.081 $0.185

91.591.5 90.8 89.2 97.4.187.190.191.197.191

98.3100.0100.4103.5 100.4

Alpaca: 22-inch, Hamilton, average price per yard

Danish cloth: Worsted filling, 22-inch, average price per yard

Sicilian cloth: 50-inch, average price per yard

Rela­tiveprice

2-40s, XXX andx x x x ,average price per pound

2-32S, crossbred stock, average price per pound

Rela­tiveprice

$0. 074 93.4 $1. 250 112.1. 074 93.4 1. 263 113.1. 072 91.9 1.156 103.6. 071 90.4 1.083 97.1.069 87. 2 .919 82.3.064 81.0 .756 67.8.064 81.0 .750 67.2. 064 81.0 .819 73.4. 064 81. 0 1. 004 89.9. 066 83.5 1.071 96.0. 071 90.4 1.194 11 107.0. 071 90.4 1. 028 :i 92.1.071 89.6 1.139 1 102.1.069 87.7 1.213 1 108.7. 076 $0.113 97.1 1.172 f " ' _ 105.0

.115 99.3i

1.273 114.2.122 105.1 1.309 117.3.125 $6.349 107.9 1.293 $0.900 115.9.349 107.9 .................. .802 103.2.332 102.6 1..................1 .923 118.9

2-40S, Australian fine, average price per pound

2-40s, half-blood, average price per poundRela­tiveprice

2-5Qs, fine domesticAverage price per pound

Rela­tivepriceAverage price per poundRela­tiveprice

$1. 226 104.3 $0. 891 99. 81.235 105.1 . 891 99. 81. 218 103.6 . 891 99. 81.134 96.5 .899 100. 7.929 79.1 .918 102. 8.743 63.2 .851 95. 3.725 61.7 .851 95. 3.852 72. 5 .851 95. 31.031 87.7 .851 95. 31.091 92.8 . 851 95. 3

1. 205 102.5 .888 99. 41.040 88.5 .891 99. 81.123 95. 5 .891 99. 81.177 100.1 . 846 94. 71.188 101.0 .850 95. 21. 253 106.6 .850 95.21. 293 110.0 .893 100.01. 297 110.3 .893 100.01. 230 104.6 .893 100.01. 307 111.2 .893 100.0

122 WHOLESALE PRICES, 1890 TO 1924

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43831°—25t—Bull. 390----9

1910.................191l‘__..............1912 ......... .....1913 _______1914 ..............1915 __ ____1916 _______1917-..........1918 _______1919 _______1920 _______1921...........1922 _______1923 _______January. __ February..March-----April-------May--------June--------. July_____August----September. October.. . November. December.1924_________January- February-.March.......April-------M ay--------June_____

July_____August___September.October__November.December.

.200 105.3 .338 104.6.199 104.8 .328 101.5.190 100.0 .327 101.0.190 100.0 .323 100.0.190 100.0 .281 86.9

.193 101.7 .312 96.3.207 108.8 .455 140.7.350 184.2 .569 175.9.439 231.2 .715 221.0

.422 221.9 .697 215.5.538 282.9 .805 248.8.360 189.5 .546 168.9.329 173.3 .532 164.6

.363 190.8 .633 195.6.350 184.2 .615 190.2.350 184.2 .625 193.3.365 192.1 .635 196.3.365 192.1 .635 196.3.365 192.1 .635 196.3.365 192.1 .635 196.3

.365 192.1 .635 196.3.365 192.1 .635 196.3.365 192.1 .635 196.3.365 192.1 .635 196.3.365 192.1 .635 196.3.365 192.1 .635 196.3

.371 195. 2 .635 196.3.365 192.1 .635 196.3.365 192.1 .635 196.3.365 192.1 .635 196.3.365 192.1 .635 193.3.365 192.1 .635 196.3.375 197.4 .635 196.3

.375 197.4 .635 196.3.375 197.4 .635 196.3.375 197.4 .635 196.3.375 197.4 .635 196.3.375 197.4 .635 196.3.375 197.4 .635 196.3

.869 111.9 1. 252 106.5 .893 100.0.788 101 4 1.206 102.6 .893 100.0.828 106.6 1.220 103.8 .893 100.0.777 100.0 1.175 100.0 $1.054 100.0 .893 100.0.640 82.4 1.027 87.4 .981 93.1 .907 101.6

.788 101.4 1.105 94.0 1.129 107.1 1.076 120.51.050 135.2 1. 479 $1.404 125.8 1. 550 147.0 1.358 152.11. 556 200.3 2.113 189.2 2.354 223.3 1.478 165.52.109 271.5 3.175 284.4 3.600 341.5 1. 654 185.31. 627 209.5 3.236 289.9 3.633 344.6 1.706 191.11,825 235.0 3.423 306.7 3.986 378.1 2.482 277.91.179 151.8 1.779 159.4 2.071 196.4 2.186 244.81.413 181.9 2.043 183.0 2.320 220.1 2.077 232.61.729 222.6 2.250 201.5 2. 565 243.3 1.977 221.41. 700 218.9 2.300 206.1 2.600 246.6 2.077 232.61.750 225.3 2.300 205.1 2.650 251.4 2.077 232.61. 750 225.3 2.300 206.1 2.650 251.4 2.077 232.61. 750 225.3 2.350 210.6 2. 700 256.1 2.077 232.61.800 231.8 2.300 206.1 2.675 253. 7 2.077 232.61.800 231.8 2.300 206.1 2.650 251.4 2.077 232.61.800 231.8 2.250 201.5 2.600 246.6 2.077 232.61. 750 225.3 2.200 197.1 2.500 237.1 2.077 232.61. 700 218.9 2.200 197.1 2.500 237.1 1.777 198.91. 650 212.4 2.200 197.1 2.450 232.4 1. 777 198.91. 650 212.4 2.150 192.6 2.400 227.7 1.777 198.91,650 212.4 2.150 192.6 2.400 227.7 1.777 198.91.692 217.8 2.183 195.6 2.417 229.2 1. 777 198.91. 700 218.9 2.150 192.6 2.400 227.7 1. 777 198.91. 700 218.9 2.150 192.6 2.400 227.7 1. 777 198.91.650 212.4 2.200 197.1 2.450 232.4 1.777 198.91. 650 212.4 2.200 197.1 2.450 232.4 1. 777 198.91.650 212.4 2.200 197.1 2.400 227.7 1. 777 198.91. 600 206.0 2.150 192.6 2.350 222.9 1.777 198.91. 550 199.6 2.100 188.2 2.350 222.9 1. 777 198.91.600 206.0 2.050 183.7 2.300 218.2 1. 777 198.91. 650 212.4 2.150 192.6 2.350 222.9 1.777 198.91.750 225.3 2.250 201.5 2.450 232.4 1.777 198.91.850 238.2 2.300 206.1 2.500 237.1 1.777 198.91.950 251.1 2.300 206.1 2.600 246.6 1. 777 198.9

AVERAGE WHOLESALE PRICES OF COMMODITIES 123

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TABLE 9* —AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924—Continued

Cloths and clothing

(d) Silk, etc.

Year or month

<

Silk: Raw Silk: SpunHosiery:

China: Canton, filature, extra extra AChina: Steam, filature, best No. 1

Japanese: Fila­tures, Kansai, No. 1Japanese: Filatures, Sinshiu, No. 1 Italian: Classical, average price per pound

Japanese: Filatures, special, extra, extra, average price per pound

Rela­tiveprice

Yarn: Domestic, gray spun, 60/1Yarn: Domestic, gray spun, 60/2, No. 1

Yarn: Imported, 200/2, grayPure dyed silk, full fashioned, 10-thread, average price per dozen pairs *Average price per pound

Rela­tivepriceAverage price per pound

Rela­tivepriceAverage price per pound

Rela­tivepriceAverage price per pound

Rela­tivepriceAverage price per pound

Rela­tivepriceAverage price per pound

Rela­tivepriceAverage price per pound

Rela­tiveprice

1890— . $5,243 144.1 $5,224 119.41891........ 4.011 110.2 4.187 95.7 11892........ 4.327 118.9 4.483 102.4 11893........ 4.541 124.8 5.029 114.9 J1894........ 3.363 92.4 3.682 84.1 j1895-.. 3.786 104.0 4.037 92.2 |1896— 3.407 93.6 3.629 82.9 i1897........ 3.464 95.2 3.640 83.2 ________ 1______1898— 3.638 99.9 3.877 88.61899— 4.409 121.1 4.771 109.01900..- 4.169 114.5 4.513 103.11901___ 3.513 96.5 3.847 87.91902____ 3.822 105.0 4.109 93.91903........ 4.135 113.6 4.524 —----------- 103.4 *1904........ 3.642 100.1 3.865 88.31905___ 3.991 109.7 4.109 93.91906...................... 4.163 114.4 4.325 98.81907___ 5.060 139.0 5.581 127.51908........... ......... 3.890 106.9 4.181 95.51909... 3.840 105.5 4.378 100.01910___ 3.524 96.8 4.005 91.51911___ 3.471 95.4 3.888 88.81912..................... 3.445 94.7 3.811 87.11913..................... $3,499 100.0 $4,463 100.0 3.640 100.0 $3,717 100.0 4.377 100.0 $2,917 100.0 $3,467 100.0 $3.340 166.61914...................... 3.142 89.8 4.113 92.2 3.694 101.5 3.688 99.2 4.341 99.2 3.221 110.4 3.779 109.0 3.297 98.7

124 WHOLESALE PBICES, 1890 TO 1924

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1915 ........1916 ........1917 ..........................................1918 ........1919 ........1920 ........1921 ........1922 ........1923 ........January.......February. . .M arch..........April............M ay.............Jun e.............

Ju ly ........ ..August....... -September. .October........November.. December,1924 ........January.......February—March..........April.............M ay.............June.............

J u l y . . ..........August.........September..October........November..December...

3.185 91.0 3.985 89.3 3.318 91.2 3.372 90.74.244 121.3 6.129 137.3 4.867 133.7 5.017 135.05.110 146.1 6.750 151.3 5.494 150.9 5.667 152.55.546 158.5 7.613 170.6 6.273 172.4 6.442 173.36.778 193.7 9.379 210.2 8.880 244.0 8.622 232.07.914 226.2 9.944 222.8 8.277 227.4 8.642 232.55.797 165.7 6.514 146.0 6.035 165.8 5.916 159.27.342 209.8 8.026 179.9 7.219 198.4 7.181 193.28.157 233.1 9.178 205.7 8.228 226.1 8.216 221.17.928 226.6 8.634 193.5 8.183 224.8 8.212 221.07.918 226.3 8.840 198.1 8.771 241.0 8.330 224.18.350 238.6 9.330 209.1 8.624 237.0 8.722 234.78.702 248.7 9.408 210.8 9.310 255.8 8.967 241.38.918 254.9 9.604 215.2 8.428 231.6 8.947 240.77.938 226.9 9.163 205.3 7.693 211.4 8.105 218.17.007 200.3 8.555 191.7 7.154 196.6 7.301 196.47.115 203.3 8.359 187.3 7.350 201.9 7.154 192.-59.516 272.0 10.633 238.3 9.800 269.3 (2)9.041 258.4 10.104 226.4 7.840 215.4 9.212 247.97.909 226.0 8.898 199.4 7.840 215.4 7.791 209.67,536 215.4 8.604 192.8 7.742 212.7 7.634 205.45.834 166.7 6.670 149.5 5.917 162.6 6.012 161.77.487 214.0 8.428 188.9 7.350 201.9 7.595 204.46.870 196.3 8.085 181.2 6.860 188.5 7.203 193.85.988 171.1 7.340 164.5 6.223 171.0 6.595 177.55.243 149.8 6.556 146.9 5.635 154.8 5.870 157.95.184 148.2 5.978 134.0 4.802 131.9 5.410 145.64.802 137.2 5.645 126.5 4.998 137.3 4.763 128.15.272 150.7 5.811 130.2 5.390 148.1 5.145 138.46.145 175.6 6.370 142.7 6.076 166.9 5.880 158.25.988 171.1 6.527 146.3 5.439 149.4 5.919 159.35.576 159.4 6.409 143.6 5.733 157.5 5.635 151.65.713 163.3 6.448 144.5 6.174 169.6 6.066 163.25.743 164.1 6.442 144.4 6.321 173.7 6.058 163.0

1 No. 1913 base price.

83.0 3.000 102.9 3.658 105.5 2.988 89.5 ,$5,541 136.0 3.849 132.0 4.213 121.5 4.258 127.56.273 154.0 5.546 190.1 5.133 148.1 5.925 177.46,960 170.8 6.788 232.7 6.375 183.9 7.235 216.6 $11.2369.639 236.6 7.645 262.1 8.636 249.1 8.269 247.6 13.0959.084 222.9 7.732 265.1 9.466 273.1 6.482 194.1 17.9856.574 161.3 4.201 144.0 5.389 155.5 4.727 141.5 13.0957.648 187.7 4.352 149.2 5.344 154.2 6.354 190.2 13.0958.653 212.4 5.073 173.9 6.155 177.6 6.202 185.7 13.2488.477 208.1 4.557 156.2 5.488 158.3 5.860 175.4 13.0959.065 222.5 4.655 159.6 5.635 162.5 5.750 172.2 13.0958.967 220.0 4.655 159.6 5.635 162.5 5.750 172.2 13.0959.702 238.1 5.037 172.7 6.037 174.1 6.230 186.5 13.2738.918 218.8 5.272 180.8 6.331 182.6 6.500 194.6 13.5808.134 199.6 5.174 177.4 6.350 183.2 6.500 194.6 13.5807.742 190.0 5.145 176.4 6.272 180.9 6.000 179.6 13.5807.938 194.9 5.145 176.4 6.282 181.2 6.000 179.6 13.29810.290 252.6 5.331 182.8 6.468 186.6 6.330 189.5 13.0958.330 204.4 5.370 184.1 6.497 187.4 6.500 194.6 13.0958.232 202.1 5.341 183.1 6.468 186.6 6.500 194.6 13.0958.036 197.2 5.194 178.1 6.399 184.6 6.500 194.6 13.0956.248 153.3 4.535 155.5 5.666 163.4 5.826 174.4 11.9207.644 187.7 4.959 170.0 6.056 174.7 5.940 177.8 13.0957.154 175.6 4.900 168.0 5.880 169.6 5.750 172.2 13.0956.468 158.7 4.655 159.6 5.635 162.5 5.490 164.4 13.0956.027 148.0 4.547 155.9 5.635 162.5 6.690 200.3 12.2505.194 127.4 4.508 154.6 5.635 162.5 6.200 185.6 12.2505.390 132.3 4.459 152.9 5.429 156.6 5.430 162.6 11.6295.733 140.8 4.165 142.8 5.390 155.5 5.250 157.2 11.2706.419 157.5 4.312 147.8 5.468 157.7 5.510 165.0 11.2705.782 141.8 4.410- 151.2 5.488 158.3 5.650 169.2 11.2705.978 146.7 4.410 151.2 5.488 158.3 5.910 176.9 11.2706.517 159.9 4.410 151.2 5.880 1169.6 5.990 179.3 11.2706.664 163.6 4.684 160.6 6.007 173.3 6.100 182.6 11.270

2 No quotation.

t©CJi

AVERAGE WHOLESALE PRICES OF COMMODITIES

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1890.1891.1892.1893.1894.1895.1896.1897.1898.1899.19001901.1902.1903.1904.1905.1906.1907.1908.1909.1910.1911.1912.m s .1914.

T able 9 —AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924—Continued

Fuel and lighting

(a) Anthracite coal (6) Bituminous coal

Egg Pea Broken Chestnut Egg

Average spot price i for 8 cities per long ton

Average spot price for 8 cities per long ton

New York tidewater, average sales realiza­tion per long ton

Rela­tiveprice

New York tidewater, average sales realiza­tion per long ton

Rela­tiveprice

New York tidewater, average sales realiza - tion per long, ton

Stove

Rela­tiveprice

New York tidewater, average sales * realiza­tion per long ton

$3,4863.4433.6153.5633.417

78.477.5 81.3 80.1 76.9

$3,353 3.458 3.944 4.167 3,542

63.174.278.466.7

$3,6143.7513.9803.8523,390

71.874.5 79.176.5 67.4

$3,711 3.854 4.153 4.193 3.600

Baltimore

Rela­tiveprice

Mine run, pools 1-11-71, average price i per short ton

Mine run, Jagger district, average price1 per short ton

76.282.182.871.1

Birmingham

PreparedJaggerdistrict,average price1 per short ton

Screen­ings, Jagger district, average price1 per short ton

3.2833.2693.247 3.211 3.1353.271 3.551 3.719 4.2504.2474.2134.202 4.2044.2024.2004.200 4.199 4.354 4.446 4.450

73.873.5 73.0 72.270.573.679.983.695.695.594.894.594.694.594.594.594.597.9

100.0 100.1

2.9793.5563.7373.5533.6463.9174.3274.4604.8254.8254,8234,8604.8204.821 4.8204.813 4.999 5.281 5.313 5.315

56.166.970.366.9 68.673.781.483.990.890.890.891.590.790.790.790.694.1 99.4

100.0100.0

3.030 3.549 3.799 3.599 3.3713.5844.0574.3674.825 4.8234.825 4.863 4.821 4.820 4.7854.8134.8075.030 5.064 5.059

60.270.575.571.567.071.280.6 86.8 95.995.895.896.695.895.895.195.6 95.599.9

100.099.9

3.126 61.83.794 75.04.015 79.33.798 75.03.705 73.23.945 77.94.322 85.44.463 88.24.825 95.34.825 95.34.823 95.34.862 96.14.822 95.34.823 95.34.820 95.24.818 95.24.806 95.05.033 99.45.061 100.05.061 100.0

126 WHOLESALE PRICES, 1880 TO 1924

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1915 ........................ , 4.444 100.0 5.326 100.21916................................. 4.692 105.5 5.565 104.71917 ......................... 5.423 122.0 5.936 111.71918 ........................... 6.700 150.7 6.861 129.11919 ........................... 7.756 174.4 8.268 155.61925.. 9.002. 202.5 9.502 178.81921................................. 10.070 226.5 10.527 198.11922................................. 10.233 230.2 10.599 199.51923................................. $13.885 $13,624 $11.172 10.749 241.8 10.880 204.8January................... 13.866 13.729 11.362 10.543 237.1 10.624 ioa 9February................. 13.866 13.731 11.239 10.640 239.3 10.629 200.0March..................... 13.834 13.643 11.178 10.640 239.3 10.627 200.0April........................ 13.365 13.006 10.800 10.640 239.3 10.623 199.9M ay........................ 13.410 13.059 10.901 10.640 239.3 10.625 200.0June......................... 13.496 13.161 10.950 10.640 239.3 10.621 199.9

July......................... 13.613 13.308 11.115 10.640 239.3 10.621 199.9August.................... 13.738 13.451 11.296 10.640 239.3 10.627 200.0September.............. 14.196 13.855 11.413 10.807 243.1 11.131 209.5October................... 14.390 14.043 11.303 11.217 252.3 11.471 215.9November............... 14.433 14.053 11.311 11.123 250.2 11.478 216.0December............... 14.420 14.446 11.196 10.821 243.4 11.476 216.01924................................. 13.911 13.435 10.460 11.154 250.9 11.368 213.9January............... . 14.285 13.721 10.810 10.676 240.1 11.469 215.8February................. 14.245 13.638 10.691 10.776 242.4 11.473 215.9March__________ 14.080 13.601 10.566 <2) 11.478 216.0April........................ 13.389 12.976 10.308 10.853 244.1 10.973 206.5M ay........................ 13.488 13.055 10.266 11.082 249.3 11.060 208.2June......................... 13.610 13.169 10.354 10.955 246.4 11.160 210.0

July.......................... 13.760 13.350 10.389 11.290 253.9 11.278 212.2August.................... 13.870 13.472 10.439 (2) 11.376 214.1September _ 13.978 13.562 10.421 (2) 11.474 215.9October................... 14.070 13.584 10.420 (2) 11.477 216.0November............... 14.060 13.545 10.435 11.490 258.4 11.471 215.9December............... 14.093 13.551 10.423 11.490 258.4 11.725 220.7i No 1913 base price

5,0465.2915.6226.5097.9209.16710.22310.405

10.865 10.618 10.62410.62310.624 10.617 10.61310.625 10.633 10.980 11.47111.479 11.46711.34811.45011.479 11.483 10.976 11.065 11.17211.270 11.37611.479 11.470 11.47711.479

o a 7 5.045 99.7104.5 5.454 107.8 !________ 1111.0 5.872 116.0128.5 6.758 133.5156.4 8.164 161.3181.0 9.427 186.2201.9 10.554 208.5205.5 10.622 209.9214.6 10.878 214.9 $5,583 $3,082 $4,315 $2,817209.7 10.622 209.9 7.290 3.040 4.290 2.790209.8 10.632 210.1 6.665 3.290 4.290 3.040209.8 10.628 210.0 5.978 3.340 4.290 3.165209.8 10.624 209.9 5.600 3.290 3.540 3.040209.7 10.618 209.8 5.450 3.290 3.740 3.040209.6 10.618 209.8 5.453 2.990 3.940 2.790209.8 10.622 209.9 5.165 2.990 4.190 2.790210.0 10.629 210.0 5.140 2.990 4.440 2.690216.8 11.114 219.6 5.084 2.990 4.690 2.690226.5 11.472 226.7 5.065 2.990 4.790 2.690226.7 11.481 226.8 5.115 2.990 4.790 2.540226.5 11.471 226.6 4.990 2.790 4.790 2.540224.1 11.492 227.1 4.707 2.653 4.141 2.263226.1 11.472 226.7 4.890 2.790 4.790 2.640226.7 11.471 226.6 4.840 2.790 4.790 2.540226.8 11.485 226.9 4.940 2.790 3.853 2.540216.8 11.072 218.8 4.544 2.790 3.540 2.540218.5 11.213 221.6 4.690 2.740 3.740 2.465220.6 11.309 223.4 4.690 2.690 3.940 2.290222.6 11.424 225.7 4.690 2.540 4.140 2.040224.7 11.570 228.6 4.640 2.540 4.140 2.040226.7 11.722 231.6 4.640 2.540 1 4.140 2 040226.5 11.715 231.5 4.640 2.540 4.140 2.040226.7 11.723 231.6 4.640 2.540 4.140 2.040226.7 11.732 231.8 4.640 2.540 4.340 2.040

2 No quotation.

AVERAGE WHOLESALE PBICES OF COMMODITIES 127

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Chart 15

400375350325300275250225200

175150

125

100

75

50

40

128 WHOLESALE PRICES, 1890 TO 1924

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Chart 15a

400375

27525a

175

125

40

h-1t oCO

AVERAGE WHOLESALE PRICES OF COMMODITIES

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

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T able 9.—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924—Continued COOFuel and lighting

(6) Bituminous coal

Year and month

ChicagoPitts­burgh (Youghio- gheny): At Cin­cinnati, average price per bushel

Kana­wha: Run of mine, f. o. b. Cincin­nati, average i price per short 1 ton

Rela­tiveprice

GeorgesCreek(atmine): Average price per short ton

New River: mine run, f. o. b. Cincin­nati, average price per short ton

Rela­tiveprice

ClevelandIndian­apolis: No. 4, mine run, average price 1 per short ton

Georges Creek: F. o. b. New York Harbor, average price per long ton

Poca­hontas: Mine run, f. o. b. Norfolk, Va., average price per long ton

Rela­tiveprice

Pitts­burgh: Pre­pared sizes, average price 1 per short ton

Mine run, southern Illinois field, average price1 per short ton

Prepared sizes, southern Illinois field, average price 1 per short ton

Screen­ings, central Illinois field, average price 1 per short ton

Mine run, Ohio, Pitts­burgh No. 8, average price.1 per short ton

Prepared sizes, W. Va.high volatile, average price 1 per short ton

Screen­ings, Ohio, Pitts­burgh No. 8, average price 1 per short ton

1890....................... $0,066 1 79.4 $0.863 57.2 $2. 988 97.81891—___ _____ .079 94.4 .950 63.0 3.031 99.31892................. . .075 89.6 .900 59.7 2.931 96.01893..................... .076 90.7 .921 61.0 2.950 96.61894............ ......... .063 75.8 .821 54.4 2. 738 89.61895..... ............. . .060 1 71.8 .775 51.4 2,813 92.11896........... .......... .057 78.5 .900 59.7 2.663 87.21897..................... .057 68.2 .833 55.2 2.442 79.91898—........... ....... .057 67.6 .913 60.5 2.175 71.21899............ ......... .053 63.5 1.013 67.1 2.700 88.41900..... ................. .075 89.9 1.200 79.6 2.908 95.21901....................... .075 89.9 1.338 88.7 2.925 95.81902..................... .079 94.1 2.125 140.9 4.058 132.91903 .093 110.6 2.396 158.8 4.438 145.31904..................... .085 101.9 1.750 116.0 3.196 104.61905 .......... ......... .080 95.7 1.600 106.1 3.150 103.11906 .......... ......... .079 94.4 1. 550 102.8 3.125 102.31907....................... .082 98.6 1. 538 101.9 3.238 106.01908 .................. .085 101.8 1.442 95.6 3.079 100.81909....................... .081 96.8 1.379 91.4 3.052 99.9

WHOLESALE PRICES, 1890 TO 1924

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191 r> .081 96.3 1.408 93.4 1 3.047 99.81Q11 .083 98.8 1.446 95.9 ! 3.021 98.9'1010 .080 96.2 1.463 97.0 3.126 102.31013 .034 $2,200 100.0 1.508 $2,413 100.0 3.054 $3,000 100.01014 2.200 100.0 2.400 99.5 3.000 100.01015 2.200 100.0 2.450 106.6 2.850 95.0191ft 2.675 121.6 3.037 127.1 3.729 124.31017 $3. ftftO $4,267 $3.102 4.583 208.3 5.192 215.2 5.432 181.1 $3,266101ft 3.783 4JX)8i 3.317 3.883 176.5 4.100 169.9 4.477 149.2 3.3621010 4.039 4.367 3.329 4.108 186.7 4.542 188.3 4.911 163.7 3.5031090 fiL6(B 6J )68 4.647 5.850 265.9 6.288 260.6 6.285 209.5 4.6881021 R 42ft 6JU5 3.884 4.558 207.2 5.513 228.5 $3.711 6.353 211.7 3.7961022 5.877 (L5S7 4.176 5.203 236.5 5.624 233.1 3.675 6.322 210.7 5,1581923 4.988 6.126 3.153 4.307 195.8 5.719 237.1 $4,002 $5.916 $3,384 3.904 5.833 194.4 4.604January 5.888 7.450 3.719 5.640 256.4 7.990 331.2 5.170 8.190 4.950 4.950 8.000 266.7 5.500February. 5.450 7.138 3.288 4.890 222.3 6.990 289.7 4.890 7.080 4.640 4.515 6.500 216.7 5.500TVTarch 5.175 6.105 3.190 4.890 222.3 6.490 269.0 4.450 6.140 4.280 4.190 6.500 216.7 5.250April 5.075 5.750 3.263 4.890 222.3 5.990 24a 3 3.925 5.915 3.675 3.890 6.500 216.7 5.000M ay 4.925 5.988 3.463 4.390 199.5 5.990 248.3 3.850 5.910 3.370 3.705 6.500 216.7 4.500' Jnna 4.955 6.070 3.285 4.140 188.2 5.990 248.3 3.675 5.228 3.025 3.765 6.000 200.0 4.500

July 5.019 6.063 3.113 3.890 176.8 5.240 217.2 3.630 5.390 2.960 3.765 5.500 183.3 4.500August 5.075 6.175 3.025 3.890 176.8 4.990 206.8 3.725 5.403 2.963 3.740 5.250 175.0 4.250September__ 4.850 6.070 2.890 3.890 176.8 4.990 206.8 3.775 5.515 2.000 3.765 5.000 166.7 4.250OtitohAr 4.600 5.963 2.600 3.890 176.8 4.990 206.8 ’ 3.628 5.540 2.780 3.578 4.750 158.3 4.000N ovember__ 4.525 5.888 2.738 3.890 176.8 4.490 186.1 3.640 5.390 2.778 3.500 4.750 158.3 4.000December. 4.450 5.140 3.260 3.390 154.1 3.990 165.4 3.665 5.290 3.203 3.528 4.750 158.3 4.000

1924. 4.446 4.789 3.208 3.432 156.0 4.136 171.4 3.586 4.887 3.005 3.851 4.454 148.5 4.146January 4.450 4.950 3.263 3.640 165.5 3.990 165.4 3.670 5.140 3.320 3.630 5.000 166.7 4.250February___ 4.450 4.895 3.000 3.640 165.5 4.490 186.1 3.603 5.403 3.228 3.765 4.750 158.3 4.250March 4.528 4.760 3.350 3.390 154.1 4.490 186.1 3.540 5.153 3.040 3.703 4.750 158.3 4.250April 4.450 4.700 3.463 3.390 154.1 4.490 186.1 3.540 4.660 3.090 3.515 4.500 150.0 4.250M ay 4.450 4. 700 3.430 3.390 154.1 4.240 175.8 3.603 4.515 3.178 3.510 4.400 146.7 4.250June 4.450 4.700 3.363 3.390 154.1 3.990 165.4 3.590 4.603 2.890 3.515 4.350 145.0 4.250July 4.450 4.735 3.250 3.390 154.1 3.990 165.4 3.590 4.550 2.810 3.515 4.300 143.3 4.250August 4.450 4.750 3.240 3.390 154.1 3.990 165.4 3.578 4.640 2.928 3.496 4.250 141.7 4.000September__ 4.450 • 4.835 3.063 3.390 154.1 3.990 165.4 3.570 4.760 2.890 3.640 4.250 141.7 4.000October 4.400 4.870 2.763 3.390 154.1 3.990 165.4 3.590 5.378 2.803 3.605 4.350 145.0 4.000N ovember 4.400 4.826 2.970 3.390 154.1 3.990 165.4 3.565 5.065 2.815 3.503 4.300 143.3 4.000December-. . 4.413 4.775 3.300 3.390 154.1 3.990 165.4 3.590 4.780 3.070 3.590 4.250 141.7 4.000

i No 1913 base price.

AVERAGE WHOLESALE PRICES OP COMMODITIES 131

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 138: bls_0390_1925.pdf

1890.1891.1892.1893.1894.1895.1896.1897.1898.1899.1900.1901.1902.1903.1904.1905.1906.1907.1908.1909.

T a ble 9 —AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924—Continued

Fuel and lighting

(b) Bituminous coal

St. Louis

Mine run, southern Illinois, average price1 per short ton

Prepared sizes, southern Illinois, average price1 per short ton

Screenings, southern Illinois, average price1 per short ton

(c) Other fuel and lighting

Beehive:Alabamafoundry

Average price1 per short ton

Beehive: Con- nellsville furnace

Average price per short ton

$2,0831.875 1. 80S 1. 479 1.0581.3251.875 1. 617 1. 677 2.1852.646 1.963 2.688 2.913 1. 6382.288 2.675 2.825 1. 708 2.002

Rela­tiveprice

85.476.9 74.1 60.643.454.376.966.3 68.7

108.580.4110.2119.467.1109.6115.870.082.1

Coke Fuel oilGasoline: Motor

Beehive: Wise County furnace By-product Oklahoma Pennsyl­vania

Average price per short tonRela­tiveprice

United States, average for all grades, average price per short ton

Foundry: Newark, N. J., average price per short ton

Rela­tivepriceAveragepriceperbarrel

Rela­tivepriceAverageprice1pergallon

New York, average . price per gallon

Rela­tiveprice

. _____ |______

! _ _ _ _ _ _ _ _ i_ _ _ _ _ _ _ _ j _ _ _ _ _ _1

ii1

___ . _ J __________ !______ ________ !_____i i J

I i ________!______

132 WHOLESALE PRICES, 1890 TO 1924

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 139: bls_0390_1925.pdf

1910........................... 1 1.969 80.7 i i1911........................... . 1.642 67.3 i1912 j 2.400 98.4 !1913...... ..................... 2.440 100.0 $2,484 100.0 $3,820 ioo.o $6,902 100.0 | $0.168 100.01914........................... 1 1.808 74.1 1.993 80.2 3.390 88.7 .663 73.4 .144 85.71915........................... | 1.785 73.2 2.119 85.3 3.450 90.3 .513 5$. 8 .138 82.21916........................... .................. i__........... 3.246 133.0 3.394 136.6 3.950 103.4 .871 96.5 .230 136.71917........................... I 8.250 338.2 8.000 322.1 6.180 161.8 1.525 152.9 .238 141.11918-....................... ___: .i_________ 6.000 245.9 6.625 266.7 7.880 206.3 1.885 209.0 .242 143.91919-—......................

Is 4.738 194.2 6.322 254.5 6.580 172.3 1.120 124.1 $0,051 , .245 145.61920........................... 11.607 475.8 13.123 528.3 10.770 281.9 2.622 290.6 .119 11 .293 174.21921—. ...................... , $6,064 3.649 149.6 6.339 255.2 7.720 $8,840 202.1 .687 76.1 .048 .261 155.21922........................... 6.558 7.432 304.6 7.014 282.4 11.657 266.6 .951 105.4 .050 .251 149.31923_____________ $3,467 $4,412 $2,504 7.774 5.551 227.6 6.671 268.5 11.926 272.6 .929 102.9 .055 .207 122.8January.......... 3.660 5.160 2.930 8.250 8.425 345.3 7.850 316.0 12.875 294.3 .940 104.2 .062 .220 130.7February_____ 3.660 5.160 2.610 8.125 7.094 290.8 7.906 318.3 12.875 294.3 1.013 112.2 .065 .231 137.4M arch........... 3.590 4.810 2.410 8.000 7.438 304.9 7.625 307.0 12.875 294.3 1.050 116.4 .063 i! .245 145.6April.............. 3.410 4.160 2.525 8.469 6.625 271.6 7. 531 303.2 12.8(75 294.3 1.125 124.7 .057 .240 142.6M ay_________ 3.410 4.160 2.730 8.425 5.400 221.3 7.300 293.9 12.375 282.9 1.038 115.0 . 051 .220 130.7June.................. 3.410 4.160 2.670 8.500 5.188 212! 6 6.500 2ei.7 11.875 271.4 .988 109.5 .051 .215 127.7

July ................... 3.410 4.160 2.670 8.375 4.719 193.4 . 6.469 260.4 11.375 260.1 .900 99.8 .050 : .213 126.3August_______ 3.410 4.160 2.670 7.750 4.675 191.6 6.250 251.6 11.375 260.1 .926 102.7 .049 .200 118.8September____ 3.410 4.285 2.345 7.656 4.813 197.3 5.719 230.2 11.416 260.9 .856 94.9 .053 .191 113.5October............ 3.410 4.410 2.160 7.325 3.975 162.9 5.750 231.5 11,314 258.7 .800 88.7 .057 .185 109.9N ovem ber.. 3.410 4.160 2.173 6.250 4.075 167.0 5.594 225.2 10.910 249.4 .719 79.7 .055 .170 101.0December.. —i 3.410 4.160 2.160 1 6.000 i 4.125 169.1 5.438 218.9 10.910 249.4 . 790 87.6 .051 f .155 92.11924...................... 3.208 3.891 2.499 5.509 i 3.528 144.6 4.375 176.1 10.542 241.1 .961 106.6 !

].055 i .180 107.1January......... 3.410 4.360 2.220 6.000 4.025 165.0 5.300 213.4 10.910 249.4 1.088 120.5 jI .056 .165 98.0February.......... 3.310 4.160 2.360 6.000 4.194 171.9 5.125 206.3 10.910 249.4 1.156 128.2 .059 .200 118.8M arch_____ 3.235 4.035 2.560 6.000 4.181 171.4 5.031 202.6 10.910 249.4 1.075 119.2 .059 .198 117.6April........... 3 160 3.910 2.990 6.050 3.775 154.7 4.675 188.2 10.510 240.3 .969 107.4 . 055 | .200 U8.8M ay......... 3 160 3.660 2.948 6.188 3.406 139.6 4.250 171.1 10.410 238.1 .831 92.1 ! .054 I .200 118.8June............. . 3.160 3.660 2.835 5.875 3.225 132.2 4.125 166.1 10.410 238.1 .780 86.5 .052 ! .200 118.8

July.............. 3.160 3. 660 2.630 5.375 2.955 121.1 4.125 166.1 10.410 238.1 .781 86.6 I .050 l . 195 115.9August . — 3.160 3.660 2.485 5.000 3.000 123.0 4.125* 166.1 10.410 238.1 .781 86.6 ! .051 .188 111.7September. _ . 3.160 3.860 2.240 5.100 !! 3.125 128.1 3.975 160.0 10.410 238.1 .920 102.0 j .052 .175 104.0October______ 3.160 3.910 1.860 4.938 | 3.125 128.1 3.875 156.0 10.410 238.1 .933 103.5 1 .053 .140 83.2November____ 3.160 3.D10 2.135 4.730 3.225 132.2 3.875 156.0 10.410 238.1 1.019 112.9 I .054 .148 87.9December......... 3.260 3.910 2.720 4.875 4.035 165.4 3.975 160.0 10. 410 238.1 1.170 129.7 .064 .150 89.1

1 No 1913 base price.

CoCO

AVERAGE WHOLESALE PRICES OF COMMODITIES

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 140: bls_0390_1925.pdf

1890.1891.1892.1893.1894.1895.1896.1897.18981899.1900.1901.1902.1903.1904.1905.1906.1907.1908.1909.

T a ble 9 .—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924—Continued

Fuel and lighting

(c) Other fuel and lighting

Gasoline Matches

Motor: Refinery

Okla­homa,68-60,Penn­sylvania,58-60,average price1 per gallon

averageprice1pergallon

Natural:Refinery

Okla­homa, Grade B, average price1 per - gallon

Parlor? domestic, average price per 144

Globe, No. 1, average price per 144 boxes

Average of Safe Home, Bird’s Eye, and Search­light, average price per match- man’s

$1.9581.7501.7501.750 1.6671.6881.750 1. 750 1. 750 1. 7501. 750 1. 750 1. 5831.5001.5001.500 1. 5001.5001.5001.500

Petroleum

Crude Refined

Rela­tivepriceCalifornia Kansas-Oklahoma Pennsylvania For export, New York

Water-white, Pennsylvania, f. o.b. refinery

130.6116.7116.7116.7111.1

Average price per barrelRela­tiveprice

Average price per barrelRela­tiveprice

Average price per barrelRela­tiveprice

Average price per gallonRela­tiveprice

Average price per gallonRela­tiveprice

$0.868 .670 .556 .640 .839

35.427.322.726.134.2

$0.073 .069 .061 .052 .052

84.9 ___79.4 ___70.6 ___60.5 -----59.7 -----112.5116.7116.7116.7116.7

1.358 1.179 .787 .912 1.293

55.448.132.137.2 52.8

.071.070.060.063.079

82.481.369.272.8

116.7116.7 105.6 100.0 100.0

1.352 1.210 1.237 1. 589 1.627

55.249.450.5 64.8 66.4

.085.075.073.086.083

99.0 ___86.8 __85.0 ___99.6 ___95.7 ___

100.0100.0100.0100.0100.0

1.384 1.598 1. 734 1.780 1.663

56.565.270.8 72.767.9

.072.076.082.087.084

83.7 88.3 95.5100.796.8

134 WHOLESALE PRICES, 1890 TO 1924

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 141: bls_0390_1925.pdf

1910.1911.1912.1913.1914.1915.1916.1917.1918. $0,176.180 $0,197.2061919.1920.1921.1922.

.173.216.138.143

.196. --------. 177 $0.149. 178 .1591923.................January..February.M arch....April___M ay........June.........

.099.118.138.139.126.115.116

.134.147.162.168.159.143.141

.120.134.131.106.082.091July...........August----September.October__November.December.

.095.078

.063.073

.132.122.120.114.103.100

.068.062.070

.063.0561924...............January. . February.March__April___May.........June.........

.090.109

.110.107.106.098.090

.122.128.150.138.131.128.123

.082

.076.067July...........August___September.October__November.December-

084076073069076083

.123.117.114.097.103

.110

.072.074.085.078.081.085

1.5001.5001.500 .80.950 .950 .950. »oo1.2251.650

:i:.i.

$1,4101.4101.410 1.4641.5401.5401.5401.5401.5401.5401.5401.540

1.5401.540

1.5401.5401.5401.5401.5401.5401.5401.5401.5401.5401.5401.5401.5401.5401.540

100.0100.0100.0100.0100.0

103.9128.9173.7173.7173.7 180.3189.7189.7189.7189.7189.7189.7189.7189.7189.7189.7189.7189.7189.7189.7189.7189.7189.7189.7189.7189.7189.7189.7189.7189.7189.7189.7189.7189.7

No 1913 base price.

1.344 54.9 .077 89.21.300 53.1 .073 84.91.575 64.3 .084 97.2$0,350 100.0 $0,934 100.0 2.450 100.0 .086 i; 100.0 $0,062 100.0.388 110.7 .798 85.5 1.917 78.2 .085 98.0 .058 94.5.356 101.8 .583 62.4 1.529 62.4 .077 88.9 .050 81.0.618 176.7 1.258 134.7 2.483 101.4 .088 !1 101.6 .060 97.9.898 256.4 1.775 190.0 3.200 130.6 .102 118.7 .080 130.71.178 336.7 2.197 235.2 3.972 162.1 .146 1 169.2 .107 174.6

1.263 360.9 2.279 243.9 4.135 168.8 .181 i 209.4 .115 187.51.543 440.9 3.404 364.3 5.975 243.9 .234 ' 270.9 .149 242.41.405 401.5 1.731 185.3 3.314 135.3 .166 192.6 .085 137.6.920 262.9 1.796 192.2 3.173 129.5 .126 145.8 .085 137.4.616 176.1 1.438 153.9 3.102 126.6 .131 152.1 .084 135.8.623 177.9 1.350 144.5 3.370 137.5 .133 153.5 .097 157.7.620 177.1 1.725 184.6 3.944 161.0 .133 153.5 .097 157.6.620 177.1 1.850 198.0 4.000 163.3 .133 153.5 .094 153,5.620 177.1 1.825 195.3 3.875 158.2 .133 153.5 .088 143.1.620 177.1 1.525 163.2 3.400 138.8 .130 150.6 .081 131.1.620 177.1 1.450 155.2 3.125 127.6 .130 150.6 .076 124.1.620 177.1 1.450 155.2 2.800 114.3 .125 144.8 .074 119.5.613 175.0 1.450 155.2 2.750 112.2 .125 144.8 .071 115.9.610 174.3 1.345 144.0 2.6?8 109.7 .125 144.8 .076 122.9.610 174.3 1.238 132.5 2.500 102.0 .130 150.6 .083 135.0.610 174.3 1.050 112.4 2.388 97.4 .140 162.2 .083 134.1.610 174.3 1.015 108.6 2.475 101.0 .140 162.2 .082 133.3.981 280.3 1.450 155.2 3.278 133.8 .136 158.0 .080 130.5.673 192.1 1.244 133.1 3.300 134.7 .140 162.2 .086 140.3.973 277.9 1.513 161.9 4.000 163.3 .140 162.2 .091 147.31.010 288.6 1.670 178.8 4.000 163.3 .140 162.2 .083 135.01.010 288.6 1.750 187.3 4.000 163.3 .138 159.3 .086 130.11.010 288.6 1.735 185.7 3.813 155.6 .135 156.4 .070 122.91.010 288.6 1.550 165.9 3.500 142.9 .135 156.4 .073 117.9

1.010 288.6 1.550 165.9 3.050 124.5 .135 156.4 .072 116.91.010 288.6 1.375 147.2 2.750 112.2 .135 156.4 .072 116.91.010 288.6 1.313 140.5 2.750 112.2 .135 156.4 .083 135.01.010 288.6 1.250 133.8 2.750 112.2 .135 156.4 .083 134.11.010 288.6 1.212 129.7 2.750 112.2 .135 156.4 .082 133.71.010 288.6 1.195 127.9 2.800 114.3 .135 156.4 .084 136.6

AVERAGE WHOLESALE PRICES OF COMMODITIES 135

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

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T a b l e 9.—AVERAGE WHOLESALE PRICES OP COMMODITIES, 1890 TO 1924—Continued

Metals and metal products(a) Iron and steel

Year or monthAugers Butts Chisels: Socket firmer

Door knobs: Steel, bronze- platedFiles: 8-inch, mill, bastard Hammers: Maydole, No. 1 y2

%-inch,averagepriceeach

Extra,1-inch,averagepriceeach

Regular,1-inch,averagepriceeach

Rela­tiveprice

Loose-joint,cast,3 by 3 inch, average price per pair

Loose-pin, wrought steel, 3H by3H inch, . average price per pair

Loose-pin, wrought steel, 3 H b y 3 H inch, average price per dozen pairs

Rela­tiveprice

Extra,1-inch,aver­agepriceeach

Regu­lar,1-inch,aver­agepriceeach

Rela­tiveprice

Aver­agepriceperpair

Rela­tiveprice

Aver­agepriceperdozen

Rela­tivepriceAver­agepriceeach

Aver­agepriceperdozen

Rela­tiveprice

18Q0 $0,190 63.4 $0,035 88.3 $0,210 84.0 $0.166 61.5 $0,910 98.9 $0,350 79.51801 .190 63.4 .035 88.3 .210 84.0 .166 61.5 .892 96.9 .350 79.51800 .190 63.4 .031 76.5 .210 84.0 .166 61.5 .872 94.7 .350 79.51808 .180 60.0 .031 77.8 .193 77.3 .166 61.5 .867 94.2 .350 79.51804 .154 51.4 .030 75.8 .173 69.3 .166 61.5 .830 90.2 .350 79.5180.6 .133 44.4 .032 79.3 .171 68.4 .195 72.3 .813 88.4 .353 80.11896 .139 46.4 .033 82.3 .179 71.7 .173 64.2 .778 84.5 .380 86.41897 .143 47.5 .031 76.5 .171 68.4 .166 61.5 .805 87.5 .380 86.41808 .143 47.5 .029 73.0 .172 68.8 .166 61.5 .825 89.6 .363 82.61800 .147 48.8 .029 73.0 .204 81.5 .166 61.5 .936 101.7 .387 87.91900 .200 66.6 .040 100.0 .242 96.7 .181 67.1 1.090 118.4 .419 95.21901 .170 56.6 .037 92.3 .230 92.0 .190 70.4 1.050 114.1 .423 96.21902 .180 60.0 .040 100.0 .270 108.0 .215 79.7 1.050 114.1 .423 96.21903 .231 77.0 .040 100.0 .280 112.0 .225 83.3 1.050 114.1 .466 105.91904 . .240 80.0 .040 * 100.0 .300 120.0 .246 91.0 1.040 113.0 .466 105.91905 .307 102.2 .040 100.0 .397 15a 7 .363 134.3 1.037 1126 .466 105.91906 .357 118.9 .040 100.0 .419 167.5 .441 163.3 1.022 111.0 .466 105.91007 .360 $0,420 120.0 .040 $0,090 100.0 .444 172.5 .450 166.7 .998 108.4 .466 105.91908 - .420 120.0 .090 100.0 .375 150.0 .400 148.1 .954 103.7 .466 105.91000 .372 106.4 .093 103.0 .332 132.8 .400 148.1 .933 101.4 .466 105.91910........................... i............. .366 104.6 .108 119.4 .348 139.0 .475 175.9 .930 101.1 .469 106.61911 . . J ............. .340 97.1 .090 100.0 .250 100.0 .250 92.6 .930 101.1 .440 100.01912.............................1.............. .350 100.0 .090 100.0 .250 100.0 .270 100.0 .926 100.6 .440 $5,280 100.01918................................... i................. .850 $0,230 100.0 .090 $1.820 100.0 .25 0 $0,200 100.0 .2 7 0 100.0 .92 0 100.0 5.280 10*. 9

136 WHOLESALE PRICES, 1890 TO 1924

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

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1914 ................1915 ................1916 ........ ........1917 ...............1918 ...............1919 ............................- .1920 __________ __________1921...............................1922 ....................................................................................1923 ...............January_______ _February. ............M arch...................April......... ............M ay.......................June__________ _

J u ly .....................August............— .September.......... ..October............... ..November.......... ..December.............1924 .................January...... ...........February_______M arch________ _April..*.................M ay.................. .June________ __

July.............. .........August___ _____Septem ber...........October.................November............December______

.230

.615

.931

.803.803

.803.803

.803.803

100.0100.0124.3165.2267.4307 9 404.6370.3348.9348.9348.9348.9348.9348.9348.9348.9348.9348.9348.9348.9348.9348.9348.9348.9348.9348.9348.9348.9348.9

348.9348.9348.9348.9

1.200 90.9 .200 100.01.190 90.2 .202 100.91.980 148.5 .262 130.93.240 245.5 .329 164.43.840 290.9 .390 195.13.860 292.4 .420 210.24.590 347.7 .518 259.13.419 259.0 .470 234.83.093 234.3 .413 206.33.450 261.4 .445 222.53.360 254.5 .445 222.53.360 254.5 .445 222.53.360 254.5 .445 222.53.480 263.6 .445 222.53.480 263.6 .445 222.53.480 263.6 .445 222.53.480 263.6 .445 222.53.480 263.6 .445 222.53.480 263.6 .445 222.53.480 263.6 .445 222.53.480 263.6 .445 222.53.480 263.6 .445 222.53.535 267.8 .445 222.53.480 263.6 .445 222.53.480 263.6 .445 222.53.660 277.3 .445 222.53.660 277.3 .445 222.53.660 277.3 .445 222.53.660 277.3 .445 222.53.660 277.3 .445 222.53.660 277.3 ___ .445 222.53.660 277.3 .445 222.53.364 254.9 . 445 222.53.240 245.5 .445 222. 53.240 245.5 .445 222.5

270 100.0 .916 99.5 5.280 100.0300 111.1 .914 99.4 5.280 100.0371 137.3 1.050 1140 6.840 129.5428 158.6 1.372 149.1 9.450 179.0470 1741 1.637 177.9 11.108 210.4471 174.4 1.656 179.9 12.100 229.2630 233.3 1.729 187.9 14067 266.4378 139.8 1.450 157.6 13.833 262.0309 114 5 1.417 153.9 12.300 232.9376 139.4 1.550 168.4 12.950 245.3340 125.9 1.550 168.4 12.300 232.9370 137.0 1.550 168.4 12.300 232.9370 137.0 1.550 168.4 12.300 232.9405 150.0 1.550 168.4 12.300 232.9405 150.0 1.550 168.4 12.300 232.9405 150.0 1.550 168.4 12.300 232.9370 137.0 1.550 168.4 13.800 261.4370 137.0 1.550 168.4 13.800 261.4370 137.0 1.550 168.4 13.800 261.4370 137.0 1.500 168.4 13.800 261.4370 137.0 1.550 168.4 13.200 250.0370 137.0 1.550 168.4 13.200 250.0410 151.9 1.724 187.4 12.000 227.3370 137.0 1.550 168.4 13.200 250.0430 159.3 1.740 189.1 13.200 250.0430 159.3 1.740 189.1 13.200 250.0430 159.3 1.740 189.1 13.200 250.0430 159.3 1.740 189.1 11.400 215.9430 159.3 1.740 189.1 11.400 215.9430 159.3 1.740 189.1 11.400 215.9430 159.3 1.740 189.1 11.400 215.9430 159.3 1.740 189.1 11.400 215.9370 137.0 1.740 189.1 11.400 215.9370 137.0 1.740 189.1 11.400 215.9370 137.0 1.740 189.1 11.400 215.9

CO

AVERAGE WHOLESALE PRICES OF COMMODITIES

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189118921893.18941895.1896.1897.1898.18991900.1901.1902.1903.1904.1905.1908.1907.1908.1909.1910.1911.1912.1913.1914.

9.—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924r-Continued

Metals and metal products

(a) Iron and steel

Mesabi

Non-Bessemer

Average price per^ long ton

1.400L 033

Rela­tiveprice

100.089.2

Locks: Common mortise

Average price each

10.083.083.083.083.082.083.087.083.075.075.079.075.085.090.103.150.181.200.166.159.165.100.120.120.120

Rela­tiveprice

69.269.269.269.268.2

69.472.269.462.562.565.762.570.8 75.0 85.4

124.7150.7166.7 138.3132.7137.583.3 100.0 100.0 100.0

Foundry, No. 1, average price per long ton

$18,40817.52115.74914.51712.66413.103 12.955 12.101 11.661 19.36319. 980 15.868 22.193 19.916 15. 57317. 885 20.983 23. 895 17.700 17.80617. 36215. 71316. 55817. 068

Pig iron

Basic, average price per long tonRela­tiveprice

Bessemer Foundry, No. 2, northernFoundry, No. 2, southern, Birmingham

Average price per long tonRela­tiveprice

Average price per long tonRela­tiveprice

Average price per short tonRela­tiveprice

107. 9 $18.873 110.2 $17.156 107.2102.7 15. 950 93.1 15.396 96.292.3 14.367 83.9 13. 773 86.085.1 12.869 75.1 12.440 77.774.2 11.378 66.4 10.846 67.876.8 12.717 74.2 11.675 72.975. 9 12.140 70. 9 11. 771 73.570. 9 10.126 59.1 10.100 63.168.3 10.332 60.3 10.027 62.6113. 5 19.033 111.1 17.350 108.4

117.1 19.493 113.8 18.506 115.693.0 15. 935 93.0 14. 719 91.9130.0 20. 674 120.7 21.240 132.7116. 7 18. 976 110.8 19.142 119.691. 2 13. 756 80.3 13. 625 85.1104.8 16.359 95.5 16. 410 102.5122. 9 19. 544 114.1 19. 267 120.4140.0 22.842 133.3 23.869 149.1103. 7 17.070 99.6 16.250 101.5104.3 17.408 101.6 16.410 102.5101. 7 17.193 100.4 15. 983 99.892.1 15.713 91.7 14.519 90.797. 0 15.938 93.0 15.088 94.2

$14. 706 100.0 17.133 100.0 16. 008 100.0 $11. 692 1007512. 873 87.5 14. 889 86.9 13.903 86.9 10.208 87.3

138 WHOLESALE PBICES, 1890 TO 1924

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43831°—25t—Bull. 390

1915 ..............1916 ..............1917 ..............1918.................1919 ..............1920 __ ____1921 ..............1922. ..............1923. ................January. „ February—March.......April.........M ay..........June..........

July...........August___September. October.. . November. December.1924,.. ...............Jan uary ...February..March.......April.........M ay..........June..........

July...........August___September.O ctober...November.December.

3.475 83.7 2.825 83.1 .128 106.94.325 104.2 3.675 108.1 .210 175.05.700 137.3 5.050 148.5 .321 267.35.992 144.4 5.300 155.9 .365 304.26.262 150.9 5.612 165.0 .373 310.47.123 171.6 6.473 190.4 .477 397.26.662 160.5 6.012 176.8 .363 302.75.921 142.7 5.271 155.0 .332 276.46.085 146.6 5.435 159.8 .360 300.05.700 137.3 5.050 148.5 .310 258.35.700 137.3 5.050 148.5 .340 283.35.825 140.4 5.175 152.2 .340 283.36.200 149.4 5.550 163.2 .370 308.36.200 149.4 5.550 163.2 .370 303.36.200 149.4 5.550 163.2 .370 308.36.200 149.4 5.550 163.2 .370 308.36.200 149.4 5.550 163.2 .370 308.36.200 149.4 5.550 163.2 .370 308.36.200 149.4 5.550 163.2 .370 308.36.200 149.4 5.550 163.2 .370 308.36.200 149.4 5.550 163.2 .370 308.35.611 135.2 4.961 145.9 .385 320.86.200 149.4 5.550 163.2 .370 308.36.200 149.4 5.550 163.2 .400 333.36.200 149.4 5.550 163.2 .400 333.35.560 134.0 4.910 144.4 .400 333.35.400 130.1 4.750 139.7 .400 333.35.400 m i 4.750 139.7 .400 333.35.400 130.1 4.750 139.7 .400 333.35.400 130.1 4.750 139.7 .400 333.35.400 130.1 4.750 139.7 .400 333.55.400 130.1 4.750 139.7 .350 291.75.400 130.1 4.750 139.7 .350 291.75.400 130.1 4.750 139.7 .350 291.7

13.741 93.4 15.783 92.1 14873 92.9 10.671 91.319.760 134.4 23.888 139.4 21.065 131.6 15.696 134238.904 264.5 43.608 254 5 41.392 258.6 35.067 299.932.509 221.1 36.663. 214 0 34 460 215.3 33.104 283.127.697 188.3 31.132 181.7 30.314 189.4 28.500 243.842.269 287.4 44459 259.5 44902 280.5 40.692 348.021.668 147.3 25.277 147.5 25.095 156.8 22.188 189.824.264 165.0 27.633 161.3 27.029 168.8 19.712 168.625.808 175.5 28.972 169.1 28.164 175.9 23.827 203.825.800 175.4 29.270 170.8 28.770 179.7 23.400 200.126.250 178.5 29.833 174.1 29.270 182.8 24.625 210.630.125 204.9 32.020 186.9 32.270 201.6 26.750 228.831.000 210.8 32.770 191.3 32.770 204.7 27.000 230.929.000 197.2 31.870 186.0 31.970 199.7 26.700 228.427.375 186.2 30.270 176.7 29.645 185.2 25.250 216.025.100 170.7 28.464 166.1 27.270 170.4 24800 212.124.750 168.3 28.260 165.0 26.520 165.7 24000 205.324.875 169.2 28.260 165.0 26.520 165.7 22.500 192.423.500 159.8 26.960 157.4 25.370 158.5 20.300 173.620.875 142.0 24885 145.3 23.645 147.7 19.625 167.921.000 142.8 24.635 143.8 23.760 148.4 21.000 179.620.245 137.7 23.288 135.9 22.505 140.6 19.859 169.921.200 144.2 24 760 144.5 24160 150.9 21.500 183.922.000 149.6 25.260 147.4 24 760 154.7 22.500 192.421.938 149.2 . 25.135 146.7 24 760 154 7 22.500 192.421.550 146.5 24 560 143.4 23.560 147.2 22.300 190.720.500 139.4 23.885 139.4 22.510 140.6 21.500 183.919.625 133.5 22.885 133.6 21.510 1344 20.000 171.119.000 129.2 21.960 128.2 20.760 129.7 18.000 154019.000 129.2 21.760 127.0 20.885 130.5 17.500 149.719.000 129.2 21.760 127.0 21.560 134.7 17.500 149.719.000 129.2 21.760 127.0 21.260 132.8 17.500 149.719.125 130.1 22.010 128.5 21.260 132.8 * 17.750 151.820.900 142.1 23.660 138.1 22.960 143.4 19.800 169.4

AVERAGE WHOLESALE PRICES OF COMMODITIES 139

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T a b l e ©.—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924—Continued

Metals and metal products •

(a) Iron and steel

Year or month

Pig iron Ferromanganese Spiegeleisen, 18 and 22 per cent Bar iron Bars Nails: Wire

Gray forge, southern, coke, average price per long ton

Foundry, No. 2, southern, Cincinnati, average price per long ton .

Rela­tivepriceAverage price per long ton

Rela­tivepriceAverage price per long ton

Rela­tiveprice

Best refined, from store, Phila­delphia From mill, Pittsburgh Concrete rein­forcing, mill, PittsburghAverage price per 100pounds

Rela­tivepriceAverage price per poundRela­tiveprice

Best refined, average price per pound

Com­mon, average price per poundRela­tiveprice

Average price per 100 poundsRela­tiveprice

1890......... $14.500 102.9 $0,021 106.8 $0.018 102.5 $2,965 163.01891......... 12.517 88.8 i .019 99.0 .017 95.2 2.467 135.61892......... 11.792 83.6 i .019 97.4 .016 91.4 2.190 120.41893.......... 10.635 75.4 i .017 88.5 .015 83.6 ................ !! 1 1.992 109.51894........s 8.938 63.4 i .013 69.8 .012 66.9 1.652 90.81895........ 10.323 73.2 .014 75.0 .013 69.6 2.118 116.41896____ 9.604 68.1 .014 72,9 .012* > 67.9 2.925 160.81897........ 8.802 62.4 .013 68.2 .011 61.3 1.485 11 81.71898 8. 719 61.8 1 .013 66.7 .01B 59.6 1.438 79.01899 15.063 106.8 i .021 101.8 .020 108.7 2.388 131.31900___ 15.604 110.7 .020 102.1 .022 119.8 2.633 144 81901........... 12,552 89.0 .018 95.8 .018 100.3 2.365 130.01902___ 17.604 124 9 .021 110.9 .019 108.1 2.104 115.71903......... 16.229 115.1 .020 104.2 .018 98.7 2.075 11411904......... 11.677 82.8 1 .017 89.6 .015 82.4 1.906 104.81905 ___ 14.490 102.8 .019 100.0 .019 $0,017 104.2 1.896 104 21906 16.531 117.3 .020 103.1 .017 102.4 1.958 107.71907 20.988 148.9 .021 109.9 .018 106.1 2.117 116.41908 14.375 102.0 .017 88.5 .015 88.5 2.100 115.51909 14.938 106.0 .018 91.7- .015 .88.5 1.917 105.41910 14.573 103.4 .019 96.4 .016 93.9 1.888 103.81911............................... 12.833 91.0 .016 85.4 .013 78.8 1.804 99.2

140 WHOLESALE PRICES, 1890 TO 1924

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1912.1913.1914.1915.

14.240 14.098

1916 .............1917 .............1918 .............1919 .............1920 .............1921 .............1922 .............1923 .............January ...February..M arch___April.........M ay.........Ju n e .........

July...........August___September.October__November.December.1924..January ...February.M arch___April.........M ay..........Ju n e .........

Ju ly .,.......August___September.October__November.December.

101.0$14,903 100.0 $58.290 100.0 $25,000 100.013.390 89.9 56.857 97.5 25.000 100.013.576 91.1 100.583 172.6 26.196 104.818.671 125.3 231.700 397.5 50.023 200.138.808 260.4 327.208 561.4 74.750 299.036.526 245.1 277.500 476.1 78.719 314.932.175 215.9 142.117 243.8 42.033 168.144.508 298.7 193.208 331.5 70.113 280.526.606 178.5 79.533 136.4 31.250 125.023,986 161.0 71.619 122.9 33.760 135.027.848 186.9 115.846 198.7 42.168 168.727.450 184.2 105.000 180.1 34.400 137.628.675 192.4 108.125 185.5 35.875 143.530.800 206.7 120.000 205.9 37.500 150.031.050 208.4 125.000 214.5 39.250 157.030.750 206.3 129.000 221.3 49.500 198.029.300 196.6 127.500 218.7 49.063 196.328.850 193.6 119.500 205.0 45.500 182.027.675 185.7 117.500 201.6 46.250 185.026.550 178.2 111. 250 190.9 45.375 181.524.350 163.4 110.000 188.7 43.100 172.423.675 158.9 108.750 186.6 40.250 161.025.050 168.1 108.500 186.1 39.000 156.023.909 160.4 103.849 178.2 35.170 140.725.550 171.4 108.700 186.5 38.800 155.226.550 178.2 107.500 184.4 39.000 156.026.550 178.2 107.500 184.4 39 000 156.026.350 176.8 107.500 184.4 36.600 146.425.550 171.4 107.500 184.4 36.500 146.024.050 161.4 107.500 184.4 36.500 146.022.050 148.0 106.000 181.9 34.600 138.421.550 144.6 95.750 164.3 33.375 133.521.550 144.6 95.000 163.0 32.100 128.421.550 144.6 95.000 163.0 31.750 127.021.800 146.3 101.250 173.7 31.750 127.023.850 160.0 106.000 181.9 32.400 129.6

.018 91.1 .014 83.6 1.740 95.6.019 100.0 .017 100.0 $1,376 100.0 1.819 100.0.016 83.3 .013 77.0 1.153 83.8 1.679 92.3.017 90.6 .013 78.8 1.307 95.0 1.746 96.0

.033 170.3 .026 156.4 2.480 180.3 2.596 142.7.046 241.7 .041 246.1 3.490 253.7 3.633 199.8.048 251.0 .038 232.7 2.900 210.8 3.600 197.9.038 199.0 .034 204.8 2.488 180.8 3.518 193.4

.048 251.6 .044 266.7 2.875 209.0 4.187 230.2.030 154.2 .026 158.8 2.010 146.1 3.056 168.0.026 135.9 .023 137.6 1.733 126.0 2.610 143.5

.033 3 74.0 .031 188.5 2.285 166.1 3.035 166.8.030 154.7 .027 161.2 2.000 145.4 2.800 !! 153.9.031 160.9 .028 166.7 2.000 145.4 2.875 ! 158.1.032 168.2 .030 180.6 2.000 145.4 2.925 . 160.8.034 179.2 .032 193.3 2.000 145.4 ; 3.025 !! 166.3.035 181.2 .033 197.0 2.575 187. 2 !! 3.100 ; 170.4.035 181.2 .033 197.0 2.450 178.1 3.100 ;i! 170.4i

.035 181.2 .033 197.0 2.400 174.4 3.100 ! 170.4.035 181.2 .033 197.0 2.400 174.4 3.100 11 170.4.033 173.4 .033 197.0 2.400 174.4 3.100 i 170.4.033 173.4 .033 197.0 2.400 174.4 3.100 i 170.4.034 177.1 .031 189.7 2.400 174.4 3.100 170.4.034 177.1 .031 189.7 2.400 174.4 3.100 170.4

.031 163.5 .030 183.0 2.233 162.3 2.989 164.3.034 177.1 .031 189.7 2.400 174.4 3.100 170.4.034 177.1 .031 189.7 2.400 174.4 3.100 170.4.(©2 166.1 .031 189.7 2.400 174.4 3.100 170.4.032 166.1 .031 189.7 2.400 174.4 3.100 170.4.032 166.1 .030 181.8 2.325 169.0 3.025 166.3.030 158.3 .030 181.8 2.250 163.5 3.000 164.9

.030 158.3 .030 181.8 2.200 159.9 2.980 163.8.030 158.3 .030 180.6 2.150 156.3 2.913 160.1.030 158.3 .030 178.8 2.125 154.5 2.880 158.3.030 158.3 i .030 178.8 2.050 149.0 2.850 156.7.030 158.3 .030 178.8 2.000 145.4 2.850 156.7.031 162.5 .030 178.8 2.100 152.6 2.950 162.2

AVERAGE WHOLESALE PRICES OF COMMODITIES 141

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142 WHOLESALE PKiUES, 1890 TO 1921

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Chart 16a400375350325300275250

175150

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143

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Table 9.—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924—Continued

Metals and metal products

(a) Iron and steel

Year or monthPipe: Cast-iron, 6-inch Planes: Jack planes Saws

Shovels: Ames, No. 2Steel

Average price per short tonRelativeprice

Bailey No. 5, average price each

Sargent No. 414, average price eachRela­tiveprice

Crosscut: Diss- ton, No. 2 Hand: Disston Skelp:Grooved Billets: Besse­mer Billets: Open hearth

AveragepriceeachRela­tiveprice

No. 7, 26-inch, average price per dozen

No. S, 26-inch, skewback, average price per dozen

Rela­tivepriceAveragepriceperdozen

Rela­tivepriceAverage price per 100 pounds

Rela­tivepriceAverage price per long ton

Rela­tiveprice

Averagepriceperlongton

Rela­tiveprice

1890 ................. $1,420 94.7 $1,604 90.0 $14.400 111.2 $7,870 100.6 $30,468 118.11891 .......... 1.420 94.7 1.604 90.0 12.600 97.3 7.870 100.6 25.329 98.21892 . • 1.420 94.7 1.604 90.0 12.600 97.3 7.870 100.6 23.631 91.6.1893 _____ 1.420 94.7 1.604 90.0 12.600 97.3 7.870 100.6 20.436 79.21894 .................... 1.378 91.9 1.604 90.0 12.600 97.3 7.450 95.2 16.578 64.3!895_ 1.242 82.8 1.604 90.0 12.600 97.3 7.450 95.2 18.484 71.71896 1.230 82.0 1.604 90.0 12.600 97.3 7.810 99.8 18.833 73.01897 1.230 82.0 1.604 90.0 12.600 97.3 7.930 101.3 15.080 58.51898 1.230 82.0 1.604 90.0 12.600 97.3 7.930 101.3 15.306 59.31899 1.230 82.0 1.604 90.0 12.600 97.3 8.608 110.0 31.117 120.71900 1.414 94.3 1.604 90.-0 12.600 97.3 9.120 116.6 * 25.063 97.21901 1.460 97.3 1.604 90.0 12.600 97.3 9.120 116.6 24.131 93.61902 1.510 100.7 1.604 90.0 12.600 97.3 9.355 119.6 30.599 118.71903 1.530 102.0 1.604 90.0 12.600 97.3 8.020 102 5 27.912 108.21904 1.530 102.0 ' 1.604 90.0 12.600 97.3 7.653 97.8 22.179 86.01905 1.530 102.2 1.604 90.0 12.600 97.3. 7.620 97.4 24.028 93.21906 1.710 114.0 1.604 90.0 12.950 100.0 7.620 97.4 27.448 106.41907 1.530 102.0 1.604 90.0 12.950 100/0 7.840 100.2 29.253 113.41908 1.530 102.0 1.604 90.0 12 950 100.0 7.822 100.0 26.313 102.01909 1.530 102.0 1.604 90.0 12.950 100.0 7.620 97.4 24.616 95.51910 1.658 110.5 1.604 90.0 12.950 100.0 7.738 98.9 25.380 98.41911 1.540 102.7 1.782 100.0 12.950 100.0 7.450 95.2 21.458 83.21912........................ 1.540 $1,540 102.7 1.782 100.0 12.950 100.0 7.451 95.2 22.378 86.8

WHOLESALE PRICES, 1890 TO 1924

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1918........................ $23.871 100.01914........................ 20.898 89.41915........................ 22.943 98.21916........................ 31.618 135.31917........- ............ 55.369 236.91918......... .............. 60.687 259.71919............. .......... 57.501 246.01920— ................. 74.046 316.81921___________ 54.531 233.31922___________ 51.435 220.11923— ........... — _ 60.314 258.1January____ 54.900 234.9February___ 56.500 241.8M arch_____ 57.750 247.1April..... ........ 58.500 250.3M ay........... __ 58.500 250.3June...... ........ 60.400 258.4

July................ 62.300 266.6August_____ 62.625 268.0September- 63.600 272.1October......... 63.600 272.1November - . - 62.975 269.5December__ 62.600 267.91924.................... . 60.137 257.3January____ 62.600 267.9February___ 62.600 267.9M arch-......... 62.600 267.9April.............. 62.600 267.9M ay_............ 62.588 267.8

J u n e ............. ........... 6 1 . 8 5 0 2 6 4 . 6J u l y ................. ..... 6 1 . 1 0 0 2 6 1 . 4A u g u s t .................. 6 0 . 1 0 0 2 5 7 . 2S e p t e m b e r - 5 7 . 1 0 0 2 4 4 . 3O c t o b e r ________ 5 7 . 1 0 0 2 4 4 . 3N o v e m b e r ____ 5 6 . 1 0 0 2 4 0 . 0D e c e m b e r _____ 5 5 . 7 0 0 2 3 8 . 3

1 .5 0 0 1 0 0 . 0 1 .7 8 2 1 0 0 .01 . 5 0 0 1 0 0 . 0 1 .7 8 2 1 0 0 . 01 .5 0 0 1 0 0 . 0 1 .7 8 2 1 0 0 .01 .8 0 0 1 2 0 . 0 2 .0 1 1 1 1 2 .82 . 2 8 2 1 5 2 . 1 2 .7 8 5 1 5 6 .3

2 .8 0 1 1 8 6 . 7 3 .3 7 5 1 8 9 .43 . 4 3 5 2 2 9 . 0 3 .6 0 0 2 0 2 . 04 . 4 2 0 2 9 4 . 7 4 .0 0 0 2 2 4 . 53 . 5 8 9 2 3 9 . 3 3 .8 0 0 2 1 3 . 22 . 9 8 0 1 9 8 . 7 3 .6 8 8 2 0 6 . 9

2 . 9 8 0 1 9 8 .7 4 .0 0 0 2 2 4 . 52 . 9 8 0 1 9 8 . 7 4 .0 0 0 2 2 4 . 52 . 9 8 0 1 9 8 . 7 4 .0 0 0 2 2 4 . 52 . 9 8 0 1 9 8 . 7 4 .0 0 0 2 2 4 . 52 . 9 8 0 1 9 8 . 7 4 .0 0 0 2 2 4 . 52 . 9 8 0 1 9 8 . 7 4 .0 0 0 2 2 4 . 52 . 9 8 0 1 9 8 . 7 4 .0 0 0 2 2 4 . 5

2 . 9 8 0 1 9 8 . 7 4 .0 0 0 2 2 4 . 52 . 9 8 0 1 9 8 . 7 4 .0 0 0 2 2 4 . 52 . 9 8 0 1 9 8 . 7 4 .0 0 0 2 2 4 . 52 . 9 8 0 1 9 8 . 7 4 .0 0 0 2 2 4 . 52 . 9 8 0 1 9 8 . 7 4 .0 0 0 2 2 4 . 52 . 9 8 0 1 9 8 . 7 4 .0 0 0 2 2 4 . 5

2 . 9 8 0 1 9 8 . 7 4 .0 0 0 2 2 4 . 52 . 9 8 0 1 9 8 . 7 4 .0 0 0 2 2 4 . 52 . 9 8 0 1 9 8 . 7 4 .0 0 0 2 2 4 . 52 . 9 8 0 1 9 8 . 7 4 .0 0 0 2 2 4 . 52 . 9 8 0 1 9 8 . 7 4 .0 0 0 2 2 4 . 52 . 9 8 0 1 9 8 . 7 4 .0 0 0 2 2 4 . 52 . 9 8 0 1 9 8 . 7 4 .0 0 0 2 2 4 . 5

2 . 9 8 0 1 9 8 . 7 4 .0 0 0 2 2 4 . 52 . 9 8 0 1 9 8 . 7 4 .0 0 0 2 2 4 . 52 . 9 8 0 1 9 8 . 7 4 .0 0 0 2 2 4 . 52 . 9 8 0 1 9 8 . 7 4 .0 0 0 2 2 4 . 52 . 9 8 0 1 9 8 . 7 4 .0 0 0 2 2 4 . 52 . 9 8 0 1 9 8 . 7 4 .0 0 0 2 2 4 . 5 ££

££££

£$

£$$£

£ $$

$£$$

$

$$

$$$ 1 5 ,6 0 9 1 0 0 .0 7 . 8 2 5 1 0 0 .0 $ 1 , 3 9 0 1 0 0 . 0 2 5 . 7 8 9 1 0 0 .0 $ 2 6 ,0 9 8 1 0 0 .01 5 . 6 0 9 1 0 0 . 0 7 . 8 5 0 1 0 0 .3 1 . 1 6 9 8 4 . 1 2 0 . 0 7 8 7 7 . 9 2 0 . 0 5 8 7 6 . 9

1 5 . 6 0 9 1 0 0 .0 6 . 9 2 3 8 8 . 5 1 . 2 6 5 9 1 . 0 2 2 . 4 4 1 8 7 . 0 2 2 . 7 6 3 8 7 . 21 7 . 5 0 3 1 1 2 .1 8 . 3 1 4 1 0 6 .3 2 . 3 3 6 1 6 8 . 0 4 3 . 9 4 6 1 7 0 .4 4 3 . 8 2 5 1 6 7 .92 2 . 0 0 8 1 4 1 .0 1 1 . 2 7 6 1 4 4 .1 3 . 9 5 3 2 8 4 . 4 6 9 . 8 5 6 2 7 0 . 9 7 1 . 7 7 1 2 7 5 . 02 5 . 9 5 8 1 6 6 .3 1 3 . 4 8 1 1 7 2 .3 2 . 8 9 0 2 0 7 . 9 4 7 . 2 7 4 1 8 3 .3 4 7 . 5 0 0 1 8 2 .02 7 . 6 3 7 1 7 7 .1 1 3 . 2 6 7 1 6 9 .6 2 . 5 0 5 1 8 0 . 2 4 0 . 5 3 9 1 5 7 .2 4 Q .2 6 7 1 5 4 .33 3 . 0 0 0 2 1 1 . 4 1 4 . 1 6 0 1 8 1 .0 3 . 0 0 0 2 1 5 . 8 5 6 . 2 6 0 2 1 8 . 2 6 0 . 5 9 2 2 3 2 . 23 0 . 0 0 0 1 9 2 . 2 1 3 . 2 2 8 1 6 9 .1 1 .9 9 1 1 4 3 . 3 3 4 . 3 8 5 1 3 3 .3 3 4 . 5 6 7 1 3 2 .52 7 . 6 7 5 1 7 7 .3 1 1 . 4 5 3 1 4 6 .4 1 .7 3 1 1 2 4 . 5 3 3 . 9 9 0 1 3 1 .8 3 3 . 9 9 0 1 3 0 .32 9 . 5 0 0 1 8 9 .0 1 2 . 1 9 4 1 5 5 .8 2 . 3 4 7 1 6 8 . 9 4 1 . 6 5 4 1 6 1 .5 4 1 . 7 5 0 1 6 0 .02 9 . 5 0 0 1 8 9 . 0 1 1 . 6 5 0 1 4 8 .9 2 . 0 2 0 1 4 5 . 3 3 7 . 3 0 0 1 4 4 .6 3 7 . 5 0 0 1 4 3 .72 9 . 5 0 0 1 8 9 .0 1 1 . 6 5 0 1 4 8 .9 2 . 2 0 0 1 5 8 . 3 3 9 . 6 2 5 1 5 3 .6 3 9 . 6 2 5 1 5 1 .82 9 . 5 0 0 1 8 9 . 0 1 1 . 6 5 0 1 4 8 .9 2 . 3 2 5 1 6 7 . 3 4 4 . 3 7 5 1 7 2 .1 4 4 . 3 7 5 1 7 0 .02 9 . 5 0 0 1 8 9 .0 1 2 . 1 7 5 1 5 5 .6 2 . 3 8 8 1 7 1 . 8 4 5 . 0 0 0 1 7 4 .5 4 5 . 0 0 0 1 7 2 .42 9 . 5 0 0 1 8 9 . 0 1 2 . 4 0 0 1 5 8 .5 2 . 4 7 0 1 7 7 . 7 4 4 . 6 0 0 1 7 2 .9 4 5 . 0 0 0 1 7 2 .42 9 . 5 0 0 1 8 9 . 0 1 2 . 4 0 0 1 5 8 .5 2 . 4 5 0 1 7 6 . 3 4 2 . 6 2 5 1 6 5 .3 4 3 . 1 2 5 1 6 5 .32 9 . 5 0 0 1 8 9 .0 1 2 . 4 0 0 1 5 8 .5 2 . 4 1 0 1 7 3 . 4 4 2 . 5 0 0 1 6 4 .8 4 2 . 5 0 0 1 6 2 .92 9 . 5 0 0 1 8 9 .0 1 2 . 4 0 0 1 5 8 .5 2 . 4 0 0 1 7 2 . 7 4 2 . 5 0 0 1 6 4 .8 4 2 . 5 0 0 1 6 2 .92 9 . 5 0 0 1 8 9 .0 1 2 . 4 0 0 1 5 8 .5 2 . 4 0 0 1 7 2 .7 4 1 . 8 7 5 1 6 2 .4 4 1 . 8 7 5 1 6 0 .52 9 . 5 0 0 1 8 9 .0 1 2 . 4 0 0 1 5 8 . 5 2 . 4 0 0 1 7 2 .7 4 0 . 0 0 0 1 5 5 .1 4 0 . 0 0 0 1 5 3 .32 9 . 5 0 0 1 8 9 .0 1 2 . 4 0 0 1 5 8 .5 2 . 3 7 5 1 7 0 . 9 4 0 . 0 0 0 1 5 5 .1 4 0 . 0 0 0 1 5 3 .32 9 . 5 0 0 1 8 9 . 0 1 2 . 4 0 0 1 5 8 . 5 2 . 3 5 0 1 6 9 .1 4 0 . 0 0 0 1 5 5 .1 4 0 . 0 0 0 1 5 3 .32 9 . 5 0 0 1 8 9 .0 1 2 . 4 0 0 1 5 8 .5 2 . 1 4 0 1 5 3 . 9 3 8 . 0 0 0 1 4 7 .3 3 8 . 0 0 0 1 4 5 .62 9 . 5 0 0 1 8 9 .0 1 2 . 4 0 0 1 5 8 .5 2 . 3 5 0 1 6 9 .1 4 0 . 0 0 0 1 5 5 .1 4 0 . 0 0 0 1 5 3 .32 9 . 5 0 0 1 8 9 . 0 1 2 . 4 0 0 1 5 8 . 5 2 . 3 1 3 1 6 6 . 4 4 0 . 0 0 0 1 5 5 .1 4 0 . 0 0 0 1 5 3 .32 9 . 5 0 0 1 8 9 .0 1 2 . 4 0 0 1 5 8 .5 2 . 3 0 0 1 6 5 . 5 4 0 . 0 0 0 1 5 5 .1 4 0 . 0 0 0 1 5 3 .32 9 . 5 0 0 1 8 9 . 0 1 2 . 4 0 0 1 5 8 .5 2 . 2 8 0 1 6 4 . 0 4 0 . 0 0 0 1 5 5 .1 4 0 . 0 0 0 1 5 3 .32 9 . 5 0 0 1 8 9 . 0 1 2 . 4 0 0 1 5 8 .5 2 . 2 3 8 1 6 1 . 0 3 8 . 5 0 0 1 4 9 .3 3 8 . 5 0 0 1 4 7 .52 9 . 5 0 0 1 8 9 . 0 1 2 . 4 0 0 1 5 8 . 5 2 . 2 0 0 1 5 8 . 3 3 8 . 0 0 0 1 4 7 .3 3 8 . 0 0 0 1 4 5 .62 9 . 5 0 0 1 8 9 .0 1 2 . 4 0 0 1 5 8 . 5 2 . 1 5 0 1 5 4 . 7 3 8 . 0 0 0 1 4 7 .3 3 8 . 0 0 0 1 4 5 .62 9 . 5 0 0 1 8 9 .0 1 2 . 4 0 0 1 5 8 .5 2 . 0 0 0 1 4 3 . 9 3 7 . 7 5 0 1 4 6 .4 3 7 . 7 5 0 1 4 4 .72 9 . 5 0 0 1 8 9 . 0 1 2 . 4 0 0 1 5 8 .5 2 . 0 0 0 1 4 3 . 9 3 6 . 4 0 0 1 4 1 .1 3 6 . 4 0 0 1 3 9 .52 9 . 5 0 0 1 8 9 .0 1 2 . 4 0 0 1 5 8 .5 1 . 9 5 0 1 4 0 . 3 3 5 . 7 5 0 1 3 8 .6 3 5 . 7 5 0 1 3 7 .02 9 . 5 0 0 1 8 9 .0 1 2 . 4 0 0 1 5 8 .5 1 . 9 0 0 1 3 6 . 7 3 5 . 5 0 0 1 3 7 .7 3 5 . 5 0 0 1 3 6 .02 9 . 5 0 0 1 8 9 . 0 1 2 . 4 0 0 1 5 8 . 5 1 . 9 8 0 J 4 2 . 4 3 6 . 0 0 0 1 3 9 .6 3 6 . 0 0 0 1 3 8 .0

%BtotelWHOLESALE PRICES OF COMMODITIES

145

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1890.1891.1892.1893.1894.1895.1896.1897.1898.1899.1900.1901.1902.1903.1904.1905.1906.1907.1908.1909.1910.1911.1912.1913.

9.—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924r-Continued

Metals and metal products

(a) Iron and steel

Plates: Tank Rails: Besse­mer

One-fourthinch thick, average price per pound

Rela­tivepriceAverage price per long ton

Rela­tiveprice

$31. 779 29.91730.000 28.12524.000

113.5106.8107.1100.485.724.333 28.000 18. 750 17.625 28.125

86.9 100.067.062.9 100.4

32. 288 27. 333 28.000 28.000 28.000

115.397.6100.0100.0100.0

28.00028.00028.00028.00028.000

100.0100.0100.0100.0100.0

$0,015 100.0

28.00028.00028.00028.000

100.0100.0100.0100.0

Steel Tin

Rails: Open- hearth Sheets: Box an­nealed, No. 27 Structural Roofing(terneplate)

Average price per long tonRela­tiveprice

Average price per poundRela­tiveprice

Chicago, average price per poundRela­tiveprice

Mill,Pittsburgh, average price per 100 pounds

Rela­tiveprice

Average price per base box (200pounds)

Rela­tiveprice

l!1$0.024

.024.022.020.019.027

.029.032.029.026.021

.022.024.025.024.022

.023.020.020

.022

107.3111.498.2 89.0 86.8121.9133.8143.8132.9118.7 95.9101.4 108.2 114.2109.6101.8103.791.3 89.5100.0$36,066 166.6 $6.016 166.6 $1.510 166.6 $6.937 166.6

146 WHOLESALE PBICES, 1890 TO 1924

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1914.............................. 1.153 74.4 .012 78.4 28.000 100.0 30.0001915............................... 1.313 84.8 .013 85.8 28.000 100.0 30. 0001916......................... . 2.666 172.2 .032 218.9 31.333 ill. 9 33.3331917............................... 3. 628 234.3 .056 376.4 38.000 135.7 40.0001918............................. 2.892 186.8 .032 218.9 54.000 192.9 56.0001919........................... . 2.495 161.1 .027 183.1 47.264 168.8 49.2641920____ __________ 3. 218 207.8 .033 221.6 51.827 185.1 53.8271921_____________ _ 1.872 120.9 .019 130.4 44.039 157.3 45. 6541922.................... .......... 1. 721 111.2 .017 116.9 40. 692 145.3 40. 6921923........... ............... 2.357 152.2 , .024 164.2 43.000 153.6 43.000January............ 2.040 131.8 .021 139.2 43.000 153.6 43.000February.............. 2.200 142.1 .022 150.7 43. 000 153.6 43.000March................ 2,388 154.2 .024 161.5 43.000 153.6 43.000April....... .............. 2.500 161.5 .025 168.9 43.000 153.6 43.000May__________ 2.400 155.0 .025 168.9 43.000 153.6 43.000June..................... 2.400 * 155.0 .025 168.9 43.000 153.6 43.000

July...................... 2. 400 155.0 .025 168.9 43.000 153. 6 43.000August________ 2.400 155.0 .025 168.9 43.000 153.6 43.000September_____ 2.400 155.0 .025 168.9 43.000 153.6 43.000October................ 2.400 155.0 .025 168.9 43.000 153.6 43.000November_____ 2.400 155.0 .025 168.9 43.000 153.6 43.000December______ 2.400 155.0 .025 168.9 43.000 153.6 43.0001924................ ............ 2.197 141.9 .021 143.2 43.000 153.6 43.000January.............. 2.400 155.0 .025 168.9 43.000 153.6 43.000February______ 2.400 155.0 .025 165.5 43.000 153.6 43.000March_________ 2.400 155.0 .024 161.5 43.000 153.6 43.000April....... ......... . 2.290 147.9 .023 154.1 43.000 153 6 43.000M a y ............ ....... 2.238 144.5 .022 148.6 43.000 153.6 43.000June.................. . 2.200 142.1 .022 147.3 43.000 153.6 43.000

July............ ......... 2.150 138.9 .021 141.2 43.000 153.6 43.000August..... ............ 2.125 137.2 .020 131.8 43.000 153.6 43.000September........... 2.040 131.8 .018 123.0 43.000 153.6 43.000October......... ...... 2.000 129.2 .018 121.6 43.000 153.6 43.000November........... 2.025 130.8 .018 123.6 43.000 153.6 43.000December............. 2.100 135.6 .020 129.7 43.000 153.6 43.000

100.0 .019 85.4 .013 82.5 1.175 77.8 6.580 94.9100.0 .019 85.8 .015 92.5 1.279 84.7 6. 354 94. 6111.1 .030 135.2 .028 176.9 2.525 167.2 8. 558 123.4133.3 .065 297.3 .043 269.4 3.738 247.5 14. 665 211.4186.7 .049 225.6 .032 201.9 3.000 198.6 15,300 220.5164.2 .044 200.0 .028 174.4 2. 521 166.9 14. 262 205.6179.4 .053 243.8 .032 198.1 2.829 187.3 14.100 203.3152.2 .035 160.3 .024 148.1 2.044 135.3 12.277 177.0135.6 .032 145.7 .021 132.5 1. 733 114.8 9.600 138.4143.3 .037 168.9 .028 173.8 2.423 160.4 10.848 156.4143.3 .033 151.1 .024 150.6 2. 000 132.4 9. 600 138.4143.3 .035 157.5 .026 162.5 2.100 139.0 9. 750 140.5143.3 .036 165.8 .028 173.1 2.200 145.7 10.200 147.0143.3 .037 170.3 .029 179.4 2.600 172.1 10.200 147.0143.3 .040 181.7 .029 180.0 2.625 173.8 11. 300 162.9143.3 .038 173.5 .028 177.5 2. 550 168.8 11. 300 162.9143.3 .038 172. 6 .028 177.5 2.500 165.5 11.300 162.9143.3 .038 171.2 .028 177.5 2.500 165.5 11.300 162.9143.3 .038 171.2 .028 177.5 2. 500 165.5 11.300 162.9143.3 .038 171.2 .028 177.5 2.500 165. 5 11.300 162.9143.3 .038 171.2 .028 177.5 2.500 165.5 11.300 162.9143.3 .038 171.2 .028 177.5 2.500 165.5 11.300 162.9143.3 .036 163.0 .025 155.6 2.235 148.0 11. 323 163.2143.3 .038 172.6 .028 177.5 2.500 165.5 11.300 162.9143.3 .038 173.5 .028 177.5 2.500 165.5 11. 300 162.9143.3 .038 171.7 .028 174.4 2. 500 165.5 11.300 162.9143.3 .037 169.9 .027 168.8 2.450 162.2 11.300 162.9143.3 .037 165.8 .026 162.5 2. 375 157.2 11.300 162.9143.3 .036 162.1 .026 160.6 2.275 150.6 11.300 162.9143.3 .035 159.4 .025 154.4 2.200 145.7 11.300 162.9143.3 .034 156.6 .024 151.3 2.150 142.3 11.300 162.9143.3 .034 155.7 .024 147.5 2.050 135.7 11.300 162.9143.3 .034 155.3 .020 124.4 1. 950 129.1 11.300 162.9143.3 .034 156.6 .021 131.3 1.900, 125.8 11.350 163.6143.3 .035 160.3 .022 137.5 1.975 130.8 11. 500 165.8

- 3

AVERAGE WHOLESALE PRICES OF COMMODITIES

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T able 9 .—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924—Continued00

Metals and metal products

(a) Iron and steel (b) N onferrous metals

f in Wire: FenceYear or month Trowels: Brick, 10J -̂ineh Vises: Solid box, 50-pound

Wood screws: 1-inch, No. 10, flat-headAluminum: 98-99 per centPlate: Domestic Barbed, galva­nized Plain, annealed

Coke at New York, average price per 100 pounds

Coke,f.o.b. Pittsburgh, average price per 100 poundsRela­tiveprice

M .C .O .,averagepriceeachJohnson’s, average price per dozen

Rela­tivepriceFirm No. 1,average price . each

Firm No. 2,averagepriceeachRela­tiveprice

F .o .b .Chicago, average price per 100 pounds

Rela­tiveprice

Nos. 6 to 9, f. o. b. Pitts­burgh, aver­age price per 100 pounds

Rela­tivepriceAver­agepricepergross

Rela­tiveprice

Aver­agepriceperpoundRela­tiveprice

1890 $0.340 97.1 $4.140 80.0 $3. 567 154.4 $0.197 188.31891_ _ ___ __ .340 97.1 4.140 80.0 3.219 139.4 .200 186.01892. . ___ .340 97.1 4. 255 82.2 2.766 119.8 .210 195. 31893...................... .340 97.1 4.198 81.1 2.519 109.1 .210 195.31894...................... .340 97.1 4.057 78.4 2.175 94.2 . 156 144.91895...................... . .340 97.1 3.793 73.3 2.246 97.3 . 112 103.91896 $3,435 91.2 .340 97.1 3. 720 71.9 1. 963 85.0 . 103 96.11897 3.182 84. 5 . 340 97.1 3.500 67.7 1.800 77.9 .085 79.11898 2.850 # 75. 6 .340 97.1 3.280 63.3 1.838 79.6 .092 85.41899 4.191 111.3 .340 97.1 3.927 75.9 3.170 137.3 .145 135.11900 4.678 124.2 .340 97.1 4. 268 82.4 3. 394 147.0 . 182 169.31901 4.190 111.3 .340 97.1 5.020 97.0 3.038 131.5 . 105 #7.21902 4.123 109. 5 .340 97.1 5.130 99.1 2.954 127.9 .095 88.61903 3.940 104. 6 .340 97.1 5.177 100.0 2.738 118.5 .109 101.71904 3.603 95.6 .340 97.1 4.255 82.2 2.508 108.6 .095 87.91905 3.707 98.5 .340 97.1 4.140 80.0 2.383 103.2 . 106 98.11906 3.861 102.5 .340 97.1 4. 521 87.3 2.428 105.2 .106 98.11907 4.090 108.6 .340 97.1 5. 750 $4.370 111.1 2.634 114.1 . 122 113.41908 3.890 103.3 .340 97.1 4.370 111.1 2.622 113. 5 . 100 93.01909____________ 3.737 99.2 .340 97.1 4.600 116.9 2.359 102.2 .116 107.6

WHOLESALE PRICES, 1890 TO 1924

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J910.......................... 3.8403.8653.6571911..........................1912..........................1913_____________1914........ ................. L -................i1915________ ______________1916.......................... 1.....................1917.........................•.....................1918____________ i__________

1919................. ........1920...................... .1921.........................1922................... .......1923........ .................January_____February____March______April...... ..........M ay.June.

July.........August.......September..October___November..December..1924.January __ February.March___April____M ay____June_____

July______August.......September..October___November..December..

102.0 .340 97.1102.6 .350 100.0$3,456 97.1 .350 $4,500 1C0.03.558 100.0 4.500 100.03.369 94.7 4.500 100.03.242 91.1 4.500 100.05.057 142.1 4.500 100.08.864 249.1 4.875 108.37.727 217.2 5.583 124.17.074 198.8 6.250 138.97.558 212.4 8.598 191.15.888 165.5 9.159 203.54.736 133.1 8.850 196.75:411 152.1 *• 8.975 199.44.750 133.5 8.850 196.74.800 134.9 8.850 196.75.225 146.8 9.000 200.06.000 168.6 9.000 200.05.700 160.2 9.000 200.05.500 154.6 9.000 200.05.500 154.6 9.000 200.05.500 154.6 9..000 200.05.500 154.6 9.000 2C0.05.500 154.6 9.000 200.05.500 154.6 9.000 2C0.05.500 154.6 9.000 200.05.500 154.6 9.000 200.05.500 154.6 9.000 200.05.500 154.6 9.000 200.05.500 154.6 9.000 200.05.500 154.6 9.000 200.05.500 154.6 9.000 200.05.500 154.6 9.000 200.05.500 154.6 9.000 200.05.500 154.6 9.000 200.05.500 154.6 9.000 200.05.500 154.6 9.000 200.05.500 154.6 9.000 200.05.500 154.6 9.000 200.0

4.485 114.0 2.133 92.3 .149 138.44.370 111. 1 2.180 94.4 .100 93.04.140 105.2 2.134 92.4 .120 111.63.935 100.0 2.309 1C0.0 $1. 513 1C0.0 .108 100.0 $0,236 100.03.655 92.9 2.152 93.2 1.373 90.8 .078 72.8 .186 78.63.749 95.3 2.535 109.8 1.469 97.1 .093 86.8 .340 143.75.248 133.4 3.515 152.2 2.417 159.8 .168 156.6 .607 256.87.760 197.2 4.527 196.0 3.450 228.1 .239 222.5 .516 218.29.048 229.9 4.594 198.9 3.250 214.9 .216 200.9 .337 142.48.764 222.7 4.467 193.4 3.114 205.9 .205 190.7 .330 139.69.200 233.8 4.724 204.6 3.358 222.0 .252 234.4 .333 140.86.302 160.1 4.095 177.4 2.801 185.2 .215 200.0 .215 91.04.658 118.4 3.512 152.1 2.310 152.7 .168 156.2 .187 7&95.141 130.6 4.042 175.0 2.739 181.1 .214 198.8 ; .253 107.04.712 119.8 3.690 159.8 2.450 162.0 .200 186.1 i .228 96.25.180 131.6 3.790 164.1 2.625 173.6 .200 186.1 .236 100.05.180 131.6 3.853 166.8 2.650 175.2 .200 186.1 i .252 106.65.180 131.6 4.065 176.0 2.675 176.9 .211 195.9 | .263 111.05.180 131.6 4.140 179.3 2.750 181.8 .211 195.9 1 .265 112.15.180 131.6 4.140 179.3 2.788 184.3 .220 204.7 .260 110.05.180 131.6 4.140 179.3 2.750 181.8 .220 204.7 |I .260 110.05.180 131.6 4.140 179.3 2.750 181.8 .220 | 204.7 ; .258 1C9.25.180 131.6 4.140 179.3 2.750 181.8 .220 204.7 .251 106.05.180 131.6 4.140 179.3 2.900 191.7 .220 i 204.7 .250 105.85.180 131.6 4.140 179.3 2.900 191.7 .220 204. 7 |1 .255 107.95.180 131.6 4.140 179.3 2.900 191.7 .220 204.7 ii .263 111.34.935 125.4 3.925 170.0 2.792 184.6 .215 200.3 .270 114.05.180 131.6 4.140 179.3 2.900 191.7 .220 204.7 .268 113.45.180 131.6 4.140 179.3 2.9C0 191.7 .220 204.7 .270 114.25.180 131.6 4.140 179.3 2.900 191.7 .220 204.7 .275 116.35.180 131.6 4.140 179.3 2.900 191.7 .220 204.7 .270 114.25.180 131.6 4.065 176.0 2.850 188.4 .220 204.7 .270 114.25.180 131.6 4.C40 175.0 2.800 185.1 .220 204.7 .269 113.75.143 130.7 3.980 172.4 2.780 183.8 .220 204.7 .265 112.14.600 116.9 3.853 166.8 2.719 179.8 .200 186.1 .269 113.74.600 116.9 3.820 165.4 2.680 177.2 .200 186.1 .270 114.24.600 116.9 3.550 153.7 2.650 175.2 .215 1C9.5 .270 114.24.600 116.9 3.550 153.7 2.663 176.0 .215 199.5 .270 114.24.600 116.9 - 3.650 158.1 2.750 181.8 .215 199.5 .270 114.2

AVERAGE WHOLESALE PRICES OE COMMODITIES 149

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T a ble 9 .—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924—Continued

Metals and metal products

(6) Nonferrous metals

Year or monthCopper Lead: Pig Lead pipe Quicksilver Silver: Bar, fine' Tin

Ingot Sheet: Hot rolled(base sizes) Wire: BareAverage price per pound

Rela­tivepriceAverage price per 100 pounds

Rela­tivepriceAverage price per pound

Rela­tivepriceAverage price per ounce

Rela­tiveprice

Pig

Lake, average price per pound

Electro­lytic, average price per pound

Rela­tivepriceAverage price per pound

Rela­tivepriceAverage price per pound

Rela­tiveprice

Aver­agepriceperpound

Rela­tiveprice

1890__......................... $0.158 97.9 $0,228 107.4 $0.188 112.1 $0,044 100.0 $5,400 106.3 $0.730 129.2 $1,053 172.0 $0.212 47.31891............................ .131 81.1 .190 89.7 .165 98.6 .044 99.3 5.600 110.2 .628 111.2 .990 161.7 .203 45.11892................ ........... . 115 71.7 .160 75.5 .144 86.0 .041 93.9 5.183 102.0 .564 99.9 .876 143.0 .204 45.41893........................... .109 67.9 .150 70.8 .135 80.7 .037 85.0 5.000 98.4 .521 92.3 .782 127.7 .200 44.61894............................. .095 — 58.9 .143 67.2 .116 69.1 .033 75.2 4.433 87.2 • .479 84.8 .640 104.6 .181 40.41895............................. . 108 66.8 .143 67.2 .124 74.0 .033 74.1 4.200 82.6 .513 90.8 .663 108.2 .141 31.31896______________ .110 68.2 .143 67.2 .136 81.1 .030 68.2 4.100 80.7 .498 88.1 .682 111.4 .133 29.61897____________ .113 70.4 .146 69.0 .138 82.2 .036 81.4 4.317 84.9 .516 91.3 .608 ' 99.2 .136 30.31898_______ ______ .119 74.2 .140 66.1 .138 82.2 .038 86.4 4.600 90.5 .543 96.0 .591 96.5 .155 34.61899_______ ______ .177 -............... 109.9 .218 102.6 .183 109.1 .045 101.8 5.350 105.3 .600 106.3 .605 98.8 .272 60.61900__________ ____ .166 103.3 .207 97.5 .180 107.6 .045 101.1 5.121 100.8 .677 119.8 .621 101.4 .301 67.01901______________ .169 104.9 .209 98.5 .182 108.5 .044 99.5 5.048 99.3 .663 117.3 .597 97.5 .262 58.31902..____ _______ .120 74.6 .178 84.1 .133 79.3 .041 93.4 5. 217 102. 7 .646 114.3 .528 86.2 .265 59.01903______________ .137 85.1 .192 90.5 .150 89.5 .043 97.3 5.198 102.2 .634 112.2 .542 88.5 .282 62.71904 . . . . . .131 81.5 .180 84.9 .144 86.0 .044 100.7 4.795 94.4 .590 104.4 .578 94.4 .280 62.41905........................ .158 98.0 .199 94.0 .170 101.7 .048 108.9 5.225 102.8 .545 96.4 .610 99.6 .313 69.71906______________ .196 121.9 .238 112.1 .211 126.0 .059 133.6 6.421 126.3 .552 97.6 .674 110.0 .392 ’ 87.41907_________ ____ _ .213 $6,208" 132.1 .279 131.8 .240 143.6 .055 125.5 6.705 131.9 .543 96.1 .660 107.7 .388 86.31908.. .133 84.8 .179 84.6 .152 90.8 .042 95.9 4.740 93.3 .610 108.0 .535 87.4 .294 65.61909. _ . . . . 131 83.3 .179 84.6 .148 88.6 .043 97.5 4.821 94.9 .632 111.8 .522 85.2 .296 65.91910.......................... .129 82.1 .180 85.1 .144 85.8 .045 101.8 5.061 99.6 .649 114.9 .543 88.6 .342 76.21911._. ____ . 125 79.3 . 166 78.1 .139 83.0 .045 101.1 5.028 98.9 .660 116.7 .540 88.2 .427 95.21912. ........................... ________ .164 104.4 .213 100.5 .175 104.4 .044 100.7 5.201 102.3 .589 104.3 .620 101.3 • .463 103.1

150 WHOLESALE PRICES, 1890 TO 1924

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1913.1914.1915.1916.1917.

.157.134.173.275.294

100.085.1109.7175.1186.9

. 2 1 2.188.225.359.391

100.0 88.7 106,0 169.5 184.4

.167.147.185.305.359

10 0 .087.6110.6182.4214.61918.1919.1920. 1921- 1922.

.247.191

.126.134

156.8121.5114.280.285.4

.338.285.284.204.203

159.6134.6 133.896.495.6

.276.222.219.150.156

165.1132.7130.8 89.9 93.11923_______________________January________________February.: _____________M arch_____ ____________A pril.._____ ___________M ay............«.____________June______ _____________

July____________________August_________________September____ __________October________________November______________December.............. ...............

.145.146.155.169.169.156.148

92.2 92.598.3107.5107.599.4 94.0

.222.213.224.240.248.242.235

104.6100.4105.6113.4 116.8 114.0110.7

.175.170.179.195.199.193.184

104.4101.7 106.9116.7118.8115.1110.1

.144.139.134.126.128.129

91.788.285.480.381.4 81.9

.230.219.211.202.197

.200

108.5103.599.395.4 93.094.4

.174 .169 . 1C3 .156 .156 .156

104.2101.097.793.493.493.4

1924.January...February..March___April____May..........June......... .

131 83.2 .196120 80.1 .197128 81.1 .198137 87.0 .200133 84.2 .200128 81.4 .199124 78.5 .188

92.4 .158 94.192.9 .155 92.393.3 .156 93.294.4 .165 98.394.4 .160 95.693.8 .157 93.888.7 .153 91.5July...........August___September.October.November.December.

.124.133.130.130.136.142

78.584.682.582.6 86.6 90.5

.185.189.195.192.199.208

87.389.0 91.9 90.694.1

.150.158.158.152.160.167

89.894.5 94.3 91.095.699.7

.044 100.0 5.082 100.0 .585 100.0 .612 : 100.0 .449 100.0.039 88.4 4.523 89.0 .666 117.8 .563 92.0 .351 78.3.046 104.3 5.301 104.3 1.183 209.4 .511 83.4 .376 83.8.068 154.5 7.598 149.5 1.825 323.0 .671 109.6 .433 96.4.091 207.0 10.068 198.1 1.622 287.1 .840 137.2 .594 132.3

.074 168.6 8.887 174.9 1.802 318.8 .989 161.4 .852 189.8.058 131.4 7.266 143.0 1.212 214.4 1.126 183.9 .655 146.0.081 183.6 9.732 191.5 1.071 189.6 1.015 1 165.7 .503 112.0.046 103.9 5. 680 111.8 . 6C0 106.3 .631 ! 103.1 .298 66.5.058 131.6 6.828 134.4 .786 139.2 .679 110.9 .325 72.4

.074 168.0 8.922 175.6 .873 154.6 .652 106.5 .426 95.0.078 178.0 8.893 175.0 .967 171.1 .661 107.9 .393 87.5.082 185.2 9.310 183.2 .927 164.0 .647 105.7 .423 94.1.085 193.0 9.552 188.0 .940 166.4 .680 111.0 .489 108.9.083 188.4 9.552 188.0 .913 161.7 .673 109.8 .463 103.1.074 168.4 8.987 176.8 .897 158.7 .675 110.2 .428 95.4.072 163.6 8.820 173.6 .893 158.1 .652 106.4 .411 91.6

.064 144.8 8.283 163.0 .883 156.3 .634 103.5 .386 86.1.087 153.0 8.330 163.9 .848 150.1 .632 103.2 .393 87.5.071 160.5 8.559 168.4 .809 143.2 .645 105.4 .418 93.2.069 155.9 8.820 173.6 .807 142.8 .639 104.4 .417 92.9.069 156.6 8.820 173.6 .807 142.8 .641 104.7 .444 98.9.076 173.2 9.136 179.8 .800 141.6 .650 106.2 .471 104.9

.083 188.0 9.709 191.0 .933 165.1 .671 109.6 .501 111.6.083 187.5 9.496 186.9 .793 140.4 .638 104.1 .485 108.1.090 203.4 9. 587 188.6 .787 139.2 .647 105.6 .529 117.8.093 211.1 10.530 207.2 .859 152.0 .643 105.0 .551 122.8.083 188.2 10.079 198.3 1.007 178.2 .644 105.2 .497 110.8.073 165.7 9.169 180.4 1.019 180.3 .659 107.5 .439 97.8.071 161.1 8.820 173.6 .983 174.0 .671 109.5 .427 95.1

.071 161.8 8.820 173.6 .960 169.9 .675 110.2 .462 102.9.080 181.6 9.572 188.4 .961 170.1 .689 112.5 .518 115.3.081 184.3 9.784 192.5 .965 170.8 .697 113.8 .492 1C9.7.083 188.9 9.695 190.8 .955 169.0 .712 116.2 .507 113.0.090 203.4 10.290 202.5 .928 164.2 .696 113.7 .542 120.8.096 217.3 10.665 209.9 .970 171.7 .685 111.8 .565 125.8

AVERAGE WHOLESALE PRICES OF COMMODITIES 151

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Chart 17 C lt o400375350325300

275250225200175

150

125

100

75

50

40

WHOLESALE PHICES, 1890 TO 1924

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

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Chart 17a400375350325300275250225200175150125

100

75

50

40

AVERAGE WHOLESALE PRICES 01’ COMMODITIES 153

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Table 9.—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924—Continued

Year or month

Metals and metal products Building materials

(6) Nonferrous metals (a) Lumber

Zinc Douglas fir: No.1, common boards, f. o. b. mill

Douglas fir: No. 2 and better, drop siding, f. o. b. millGum: Sap, firsts and seconds Hemlock: No. 1, northern

Sheet Slab

Average price per 100poundsRela­tiveprice

Average price per poundRela­tiveprice

Average price per M feetRela­tiveprice

Average price per M feetRela­tiveprice

F. o. b.mill, average price per M feet

St. Louis, average price per M feetRela­tiveprice

New York, average price per M feetRela­tiveprice

F. o. b.mill, average price per M feet

Chicago, average price per M feetRela­tiveprice

1890........................... $6,054 83.6 $0,055 95.0 $12.583 51.91891........................... 5.719 78.9 .051 87.1 12.458 51.41892........................... 5.490 75.8 .047 79.8 12.292 50.71893.................... ....... 4.994 68.9 .041 70.3 12.000 49.51894........................... 3.950 54.5 .036 60.9 11.708 48.31895— ...................... 4.522 62.4 .036 62.1 11.146 46.01896........... - .............. 4.940 68.2 .040 68.8 11.167 46.11897........... - .............. 4.940 68.2 .042 72.2 11.000 45.41898 ......................... 5.498 75.9 .045 77.7 11.750 48.51899 .................... 7. 004 96.7 .059 100.9 13.521 55.81900 ........... ....... 6.095 84.1 .044 75.8 16.500 68.11901 .................. 5.558 76.7 .041 69. 5 15.000 61.91902 .................... 5. 731 79.1 .049 83.5 15.833 65.41903 . .................... 6.018 83.1 .056 95.7 16.792 69.31904 ......... ............. 5.609 77.4 .052 88.3 17.000 70.21905 .................... 6.825 94.2 .059 101.5 17.875 73.81906 .................... 7.173 99.0 .0.2 106.3 21.896 90.41907 ........................ 7.486 103.3 .062 105.8 22.250 91.81908 - - 6.440 88.9 .048 81.5 20.875 86.21909 6.643 91.7 .055 94.5 20.583 85.01010 7.019 96.9 .056 96.6 20.625 85.11911 7.048 97.3 .058 100.2 20.682 85.4l9l2 7.924 109.4 .071 121.1 21.455 88.6IBIS 7.245 100.0 .058 100.0 $9.208 100.0 $17.333 100.0 $18. 525 100.0 24.227 100.0 $19.700 100.01914........................... 6.919 95.5 .053 90.4 7.917 86.0 14.292 82.5 16.875 91.1 24.396 100.7 18.138 92.1

154 WHOLESALE PRICES, 1890 TO 1924

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1915........................... 16.158 223.0 .144 246.7 7.875 85.5 14.292 82.5 16.6251916........................... 18.783 259.3 .140 240.7 10.375 112.7 18.583 107.2 20.3681917........................... 18.093 249.7 .093 158.7 15.875 172.4 23.917 138.0 27.1321918........................... 14.238 196.5 .083 141.9 18.250 198.2 28.000 161.5 32.2581919_____________ 9.837 135.8 .074 126.9 25.417 276.0 39.667 228.81920........................... 11.338 156.5 .081 138.6 29.917 324.9 54.750 315.91921........................... 9.453 130.5 .051 88.2 11.833 128.5 24.000 138.51022____________ 7.427 102.5 .061 104.3 15.250 165.6 36.250 209.11923........................... 8.549 118.0 .070 120.2 19.417 210.9 40 917 236.1January _ 8.451 116.6 .073 125.4 19.500 211.8 42.000 242.3February_____ 8.360 115.4 .076 130.4 19.500 211.8 43.000 248.1M arch .!_____ 9.004 124.3 .082 141.2 21.500 233.5 46.000 265.4April________ 9.168 126.5 .077 132.6 21.500 233.5 46.000 265.4May_ 8.636 119.2 .071 121.4 21.500 233.5 46.000 265.4June _ 8.406 116.0 .064 110.0 19.500 211.8 45.000 259.6

July_________ 8.190 113.0 .064 110.1 19.500 211.8 39.000 225.0August 8.335 115.0 .067 114.4 18.500 200.9 39.000 225.0September........ 8.510 117.5 .068 117.2 17.500 190.1 36.000 207.7October______ 8.510 117.5 .067 114.2 18.500 200.9 39.000 225.0November........ 8.510 117.5 .067 115.3 18.500 200.9 39.000 225.0December......... 8.510 117.5 .066 113.4 17.500 190.1 31.000 178.81924........................... 9.049 124.9 .067 115.1 17.250 187.3 31.167 179.8January' 8.725 120.4 .068 116.0 19.500 211.8 33.000 190.4February_____ 8.930 123.3 .071 122.5 19.500 211.8 35.000 201.9M arch............... 8.970 123.8 .069 118.0 18.500 200.9 31.000 178.8April_____ _ 8.970 123.8 .065 111.5 17.500 190.1 31.000 178.8May ____ _ 8.807 121.6 .062 105.5 17.500 190.1 29.000 167.3June................... 8.740 120.6 .062 105.7 16.500 179.2 29.000 167.3

July ................... 8.740 120.6 .062 106.9 16.500 179.2 29.000 167.3August__ 8.640 122.3 .066 112.5 16.000 173.8 30.000 173.1September........ 9.060 125.1 .066 112.4 16.000 173.8 31.000 178.8October______ 9.183 126.8 .067 115.1 16.500 179.2 31.000 178.8November........ 9.679 133.6 .071 122.0 16.500 179.2 31.000 178.8December......... 9.917 136.9 .078 133.3 16.500 179.2 34.000 196.2

89.7 21.591 89.1 17.263 87.6109.9 23.542 97.2 20.275 102.9146.5 27.708 114.4 26,494 134.5$36,012 174.1 33.929 140.0 29.525 $31.611 149.950.953 246.4 39.750 164.1 3a 962 184.882.164 397.3 56.667 233.9 52.467 248.844.423 214.8 40.896 168.8 33.990 161.146.115 223.0 37.250 153.8 35.240 167.153.192 257.1 39.979 165.0 38.539 182.754.400 263.1 40.000 165.1 37.700 178.856.250 271.9 40.000 165.1 38.500 182.657.000 275.6 40.000 165.1 38.750 183.857.000 275.6 40.000 165.1 39.500 187.455.100 266.4 40.000 165.1 39.500 187.452.625 254.4 40.000 165.1 39.500 187.450.750 245.3 40.000 165.1 39.000 185.049.500 239.4 40.000 165.1 38.500 182.649.750 240.6 39.750 164.1 38.500 182.652.100 251.9 40.000 165.1 38.100 180.652.125 251.9 40.000 165.1 37.500 177.852.125 251.9 40.000 165.1 37.500 177.855.028 266.0 40.491 167.1 36.443 172.855.300 267.4 40.000 165.1 37.500 177.858.250 281.7 40.000 165.1 37.500 177.858.500 282.7 40.500 167.2 37.500 177.857.500 278.0 41.000 169.2 37.500 177.854.750 264.6 40.875 168.7 36.750 174.353.250 257.5 40.500 167.2 36.750 173.152.500 253.8 40.500 167.2 36.500 173.154.000 261.2 40.500 167.2 35.500 16a 354.300 262.5 40.500 167.2 35.500 168.354.000 261.2 40.500 167.2 35.500 m 353.500 258.7 40.500 167.2 35.500 168.354.700 264.5 40.500 167.2 35.500 m 3

CnCn

AVERAGE WHOLESALE PRICES OP COMMODITIES

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 162: bls_0390_1925.pdf

T a ble 9 — AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924—Continued

Year or month

Building materials

(a) Lumber

Maple: Hard and soft Oak: White, plain

New York, F. o. b. mill, Chicago, New York, F. o. b. mill, Cincinnati,average Relative average average Relative average Relative average average Relativeprice per price price per price per price price per price price per price per priceM feet M feet M feet M feet M feet M feet

$26.500 69.1 $37. 875 62.526.500 69.1 38.000 62.726.500 69.1 38. 458 63.526. 500 69.1 38. 750 64.026.500 69.1 37. 250 61.526. 500 69.1 36. 250 59.826.500 69.1 1 36. 250 59.826.500 69.1 i 36. 250 59.8 \26. 500 69.1 36. 250 59.826. 542 69.2 38. 958 64.327. 500 71.7 40. 833 67.426. 708 69. 6 36. 771 60.728. 583 74.5 40. 875 67.531. 667 82. 5 44. 833 74.031.000 80.8 46. 500 76.730. 500 79.5 47.333 78.131.000 80.8 50.417 83.232. 250 84.1 55. 208 91.131. 625 82.4 49. 292 81.431.000 80.8 48.417 79.931. 800 82.9 54. 250 89.534. 318 89.5 54. 682 90.236. 455 95.0 56. 227 92.838. 364 100.0 $25,000 100.0 60. 591 100.0 $31. 839 100.038. 500 100.4 25.000 100.0 60.042 99.1 28.472 89.4

Oak: White, quartered

New York, average price per M feetRelativeprice

1890.1891.1892.1893.1894.1895.1896.1897.1898. 18991900.1901.1902.1903.1904.1905.1906.1907.1908.1909.1910.1911.1912.1913.1914.

$51.458 58.353. 583 60.753.000 60.053.000 60.051.125 57.953.250 60.354.500 61.753. 833 61.052.500 59.460. 521 68.564.458 73.059.167 67.063.083 71.474. 792 84.780. 750 91.480.250 90.979.167 89.680.000 90.680.167 90.884. 333 95.587. 750 99.487.182 98.786.500 97.988.318 100.088.333 100.0

156 WHOLESALE PKICES, 1890 TO 1924

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1915...................................... 38.5001916...................................... 40.5831917..................................... 49.7081918...................................... 60.1251919...................................... 68.6671920...................................... 143.7501921............._•...................... 100.6251922...................................... 88.3751923...................................... 105.833January____ ______ 95.000February--------------- 100.000M arch............. ........... 100.000April________ ____ _ 110.000M ay...................... ....... 110.000June............................. 110.000

J u l y . . . ........................ 110.000August................ ........ 110.000September_________ 110.000October____ _____ 105.000November. .......... ....... 105.000December................. 105.0001924...................................... 109.167January___________ 105.000February--------------- 105.000M arch......................... 110.000April.............. .............. 110.000M ay____ _________ 110.000June______________ 110.000

J u l y . . . ............. .......... 110.000August......... ............... 110.000September_________ 110.000October........... ........... 110.000November_________ 110.000December.................... 110.000

100.4 24.250 97.0105.8 26.583 106.3129.6 32.750 131.0156.7 30.500 $36.769 122.0179.0 46.375 153.8374.7 100.896 334.8262.3 55.000 182.5230.4 52.962 175.7275.9 72.365 240.1247.6 65.500 217.3260.7 65.500 217.3260.7 66.500 220.7286.7 77.500 257.2286.7 77.500 257.2286.7 77.500 257.2286.7 76.250 253.0286.7 72.500 240.6286.7 72.500 240.6273.7 72.500 240.6273.7 72.500 240.6273.7 72.500 240.6284.6 66.783 221.6273.7 72.500 240.6273.7 73.250 243.0286.7 75.500 250.5286.7 75.500 250.5286.7 72.000 238.9286.7 61.500 204.1286.7 61.500 204.1286.7 61.500 204.1286.7 61.500 204.1286.7 61.500 204.1286.7 62.250 206.5286.7 62.900 208.7

57.682 95.2 27.197 85.4 86.500 97.961.333 101.2 29.257 91.9 86.500 97.966.292 109.4 34.026 106.9 90.000 101.975.625 124.8 39.565 $45,986 124.3 104.271 118.1102.125 168.5 67.240 181.7 156.875 177.6204.667 337.8 129.559 350.2 296.250 335.4128.417 211.9 59.078 159.7 165.167 187.0130.208 214.9 67.346 182.1 164.542 186.3135.625 223.8 71.558 193.4 164.042 185.7129.000 212.9 74.000 200.0 163.500 185.1140.500 231.9 80.000 216.3 163.500 185.1140.500 231.9 80.000 216.3 163.500 185.1140.500 231.9 80.000 216.3 163.500 185.1140.500 231.9 75.000 202.7 163.500 185.1140.500 231.9 70.000 189.2 165.000 186.8135.000 222.8 70.000 189.2 165.000 186.8135.000 222.8 69.200 187.1 165.000 186.8130.000 214.6 66.250 179.1 165.000 186.8130.000 214.6 65.000 175.6 165.000 186.8133.000 219.5 65.000 175.6 163.000 184.6133.000 219.5 65.000 175.6 163.000 184.6120.500 198.9 63.906 172.8 164.667 186.5123.000 203.0 63.000 170.3 163.000 184.6123.000 203.0 60.000 162.2 163.000 184.6123.000 203.0 62.500 168.9 163.000 184.6123.000 203.0 68.000 183.8 163.000 184.6123.000 203.0 70.000 189.2 168.000 190.2123.000 203.0 65.000 175.6 168.000 190.2118.000 194.7 60.000 162.2 168.000 190.2118.000 194.7 58.000 156.7 168.000 190.2118.000 194.7 64.200 173.5 163.000 184.6118.000 194.7 67.500 182.5 163.000 184.6118.000 194.7 65.000 175.6 * 163.000 184.6118.000 194.7 63.800 172.4 163.000 184.6

C l

AVERAGE WHOLESALE PRICES OE COMMODITIES

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T a b l e 9.—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924—Continued

Year or month

Building materials

(a) Lumber

Pine: White, boards, No. 2 barnPine: Yellow

Boards: No. 2 common. S2S Flooring Siding Timbers

1 by 10 inches, Buffalo, average price per M feet

l b y 10 inches, New York, average price per M feet

1 by 8 inches, Buffalo, average price per M feet

Rela­tiveprice

l b y 8 inches, f. o. b. mill, average price per M feet

Rela­tivepriceNew York, average price per M feet

Rela­tiveprice

F . o. b.mill, average price per M feet

Rela­tivepriceNew York, average price per M feet

Norfolk, Va., average price per M feet

Rela­tiveprice

F. o. b.mill, average price per M feetRela­tiveprice

1890 $16.792 50.9 $20.750 64.61891___ 17.000 51.5 19.958 62.11892___ 17.146 52.0 18.500 57.51898___ 18.625 56.5 18.500 57.51894___ 18.167 55.1 18.500 57.51895 17.250 52.3 16.917 52.6189ft 16.500 50.1 16.417 51.11897 15.833 i 48.0 16.438 51.11898 15.500 47.0 18.625 58.01899___ 18.292 55.5 20.042 62.41900 * 21.500 65.2 20.708 !1 64.41901 20.875 63.3 19.667 61.21902 23.500 ' 71.3 21.000 65.31903 24.000 72.8 21.000 65.31904....................... 23.000 69.7 21.417 66.61905 24.167 73.2 24.917 77.5190ft 29.750 $33,250 90.2 29.333 91.31907 37.417 101.5 30.500 94.91908 36.375 98.7 $43,917 98.5 30.500 94.91909........................ 37.104 100.7 45.833 102.8 33.042 102.81910 38.250 103.8 46.300 103.8 30.800 95.81911 38.346 104.0 46.546 104.4 30.591 95.21912........................ 37.227 101.0 .............1 44.546 99.9 33.136 103.1

158 WHOLESALE PEIOES, 1890 TO 1924

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lata 36.864 100.0 $12.735 100.01014. 37.500 101.7 11.219 88.11915 _______ 37.500 101.7 11.852 93.1101ft 37.500 101.7 14.622 114.81Q17 49.125 133.3 21.477 168.61918........................ 60.417 $47,901 163.9 26.002 . 204.21010 54.226 185.5 32.116 252.21020 81.077 277.5 37.197 292.11021 ___ _ 71.904 246.0 16.747 131.51922 63.346 216.7 21.607 169.71922 67.923 232.4 23.619 185.5January 68.800 235.4 24.590 193.1February 70:000 239.5 25.310 198.7March 70.000 239.5 26.010 204.2A pril _ 70.000 239.5 26.440 207.6M ay_______ 67.600 231.3 26.880 211.1lim a 67.000 229.3 24.580 193.0

July________ 67.000 229.3 23.080 181.2A u g u s t. .___ 67.000 229.3 21.480 168.7September 67.000 229.3 21.640 169.9October_____ 67.000 229.3 21.930 172.2November 67.000 229.3 21.420 168.2December___ 67.000 229.3 20.070 157.61024 58.717 200.9 22.680 178.1January_____ 62.200 212.7 24.610 193.2Fftbmary 62.000 212.1 24.610 193.2March ... 62.000 212.1 24.370 191.4April . .... 62.000 212.1 24.890 195.4M ay. 62.000 212.1 23.220 182.3June ___ 62.000 212.1 20.520 161.1

July . 57.800 197.8 21.120 165.8August. 55.000 188.2 21.740 170.7September 55.000 188.2 22.220 174.5October _ _ 55.000 188.2 21.330 167.5November 55.000 188.2 22.750 178.6December___ 55.000 188.2 20.780 163.2

3 No quotation.

44.59142.75039.591 39.375 50.90960.750 78.833145.41793.70894.583

105.688 102.500102.250105.250110.250110.250110.250110.250110.250102.250102.250102.250100.25099.229102.250102.250102.250102.250102.250100.25097.25097.25097.00095.00095.00098.000

100.0 $23.036 100.0 32.136 100.0 $14,634 100.695.9 21.372 92.8 29.625 92.2 12.875 88.088.8 20.286 88.1 28.182 87.7 12.908 88.288.3 22.641 98.3 31.818 $26.917 99.0 15.768 107. r114.2 30.931 134.3 36.208 133.2 20.941 143.1136.2 33.763 146.6 42.625 156.8 25.703 175.6176.8 55.008 238.8 54.333 199.9 30.054 205.4326.1 74.530 232.5 96.250 354.0 40.923 279.6210.2 35.901 155.8 49.503 182.4 21.330 145.8212.1 45.463 197.4 54.458 213.9 24.118 164.8237.0 47.699 207.1 61.417 225.9 29.923 204.5229.9 50.780 220.4 64.000 235.4 30.620 209.2229.3 50.800 220.5 66.000 242.7 31.460 215.0236.0 52.950 229.9 66.500 244.6 32.330 220.9247.2 53.530 232.4 67.000 246.4 34.470 235.5247.2 51.690 224.4 67.000 246.4 33.600 229.6247.2 48.870 212.1 66.500 244.6 31.660 216.3247.2 46.570 202.2 63.000 231.8 30.380 207.6247.2 44.850 194.7 59.000 217.0 29.260 199.9229.3 43.700 189.7 56.000 206.0 26.900 183.8229.3 44.170 191.7 55.000 202.3 26.320 179.9229.3 42.270 183.5 54.000 198.6 26.760 182.9224.8 42.210 183.2 53.000 194.9 25.310 173.0222.5 41.874 181.8 53.583. 197.1 25.800 176.3229.3 44.280 192.2 54.000 198.6 26.440 180.7229.3 44.540 193.3 56.000 206.0 26.930 184.0229.3 43.990 191.0 57.000 209.7 27.020 184.6229.3 43.550 189.1 68.000 213.3 27.050 184.8229.3 41.680 180.9 .55.000 202.3 28.010 191.4224.8 39.250 170.4 53.000 194.9 24.810 169.5218.1 38.510 167.2 52.000 191.3 23.550 160.9217.5 39.560 171.7 51.000 187.6 24.660 168.5217.5 39.920 173.3 50.000 183.9 24.960 17a 6213.0 40.310 175.0 51.000 187.6 24.290 m o213.0219.8 42.48044.420 184.4192.8 52.50053.500 193.1196.8 (2)26.080 178.2

O iCO

AVERAGE WHOLESALE PRICES OP COMMODITIES

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Chart 18400375350325300275250225200

175

150

.125

100

75

50

LUMBER ftBlSS QAE /; iKORTH CAROLINA PIKE_________(Average price in 1913 = 100.)

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400375350325300275250225200

175

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100

75

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4040 M «

160 WHOLESALE PRICES, 1890 TO 1924

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Chabt 18a

AVERAGE WHOLESALE PRICES OF COMMODITIES 161

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1890.1891.1892.1893.1894.1895.1896.1897.1898.1899.1900.1901.1902.1903.1904.1905.1906.1907.1908.1909.1910.1911.1912.1913.1914.

T able 9.—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924—ContinuedBuilding materials

(a) Lumber

Poplar Spruce Lath Shingles: Cypress, 16 inches long

New York, average price per M feetRelativeprice

F. o. b. mill,average price per M feetCincinnati, average price per M feet

RelativepriceNew York, average price per M feet

Boston, average price per M feetRelativeprice

Eastern spruce, 1^- inch slab, New York, average price per M

Southern yellow pine, No. 1, f. o. b. mill, average price per MRelativeprice

Average price per MRelativeprice

$30.500 49.4 $16.292 58. 5 $3,350 94.630. 500 49.4 14.218 51.0 3.250 91.830.604 49.6 14.834 53.3 3.150 88.933.625 54. 5 13. 771 49.4 3.000 84.731.750 51.4 12. 708 45. 6 2.800 79.131.000 50.2 14. 250 51.1 2.650 74.831.000 50.2 14. 250 51.1 2.500 70.630. 667 49. 7 14.000 50.2 2.350 66.430. 000 48.6 13. 750 49.3 2.500 70.634. 021 55.1 15. 396 55.3 2.663 75.13/. 688 61.1 17. 375 62.4 2.850 80.536. 708 59. 5 18. 000 64. 6 2.850 80. 542.104 68. 2 19. 250 69.1 2.671 75.449. 646 80.4 19.188 68.9 2.567 72.550. 329 81. 5 20. 500 73.6 2.600 73.448. 208 78.1 21.417 76.9 2.725 76.950. 958 82. 6 25. 542 91. 7 3.242 91.558. 083 94.1 24. 000 86.0 4.225 119.358. 292 94.4 20. 792 74.6 3.538 99.957. 625 93.4 25. 250 90.6 3. 267 92.261. 500 99.6 24. 600 88.3 3.492 98.661. 591 99.8 24, 273 87.1 3.608 101.961.500 99.6 26.955 96.7 3.483 98.461. 727 100.0 $29.833 100.0 , 27.864 $21.678 100.0 $4.284 100.0 3.542 100.060.667 98.3 29.542 99.0 20.947 96.6 3.904 91.1 3.329 94.0

162 WHOLESALE PBICES, 1890 TO 1924

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1915........ ........................ 58.9091916_______________ 60. 2921917................. -.......... . 63. 4581918............................... 84.7081919 ...... ........ - ........ — 110.0001920.......... ............... ....... 195. 6361921 _______________ 131. 6671922 _______________ 133.8751923 __________ ____- 135.417January. __........... 134.500February________ 137.500March__________ 137.500April—--------------- 137.500May ---------------- 137.500June____________ 137.500

July____________ 137.500August__________ 137.500September---------- 135.000. October _______ 135.000November---------- 129.000December........... — 129.0001924 _______________ 125.542January.................. 129.000February— -------- 129.000March__________ 129.000April___________ 122.500May__......... .......... 129.000June____________ 129.000

July____________ 124.000August................... 124.000September.............. 124.000October-------------- 124.000November.............. 124.000December............... 119.000

95.4 28.167 94.497.7 29.417 98.6102.8 35.750 119.8137.2 47.583 $52,673 159.5178.2 62. 292 188.4316.9 105.147 318.4213.3 58.578 177.4216.9 59.471 180.1219.4 69.327 209.9217.9 67.000 202.9222.8 70.000 212.0222.8 75.000 227.1222.8 75.000 227.1222.8 75.000 227.1222.8 67.500 204.3222*8 70.000 212.0222.8 65.000 196.8218.7 65.000 196.8218.7 65.000 196.8209.0 70.000 212.0209.0 68.750 208.1203.4 63.472 192.2209.0 64.000 193,. 8209.0 65.000 196.8209.0 65.000 196.8198.5 65.2C0 197.5209.0 70.000 212.0209.0 65.000 196.8200.9 65.000 196.8200.9 60.000 181.7200.9 61.200 185.3200.9 61.250 185. 5200.9 60.000 181.7192.8 * 60.400 182.9

I

20. 610 95.1 3,839 89.6 3.067 86.622.009 101.5 4.221 98.5 3.446 97.329.901 137.9 4.938 115.3 4,054 114.534.776 160.4 5.000 $3.548 116.7 5.425 153.241.900 193.3 5.828 191.7 6.039 170.549.700 229.3 8.988 295.7 8.067 227.834.827 160.7 4.131 135.8 6.524 184.232. 664 150.7 4.980 163.8 5.438 153.537.899 174.8 4.997 164.4 5.983 168.937.100 171.1 5.230 172.0 5.798 163.736.750 169.5 5.540 182.3 6.000 169.438.500 177.6 6.010 197.7 6.000 169.440.000 184.5 6.060 199.3 6.000 169.440.000 184.5 6.040 198.7 6.000 169.438. 375 177.0 5. 310 174.7 6.000 169.437.400 172.5 5.160 169.8 6.000 169.436.750 169.5 4.640 152:6 6.000 169.436.000 166.1 4.330 142.5 6.000 169.437.2C0 171.6 4.140 136.2 6.000 169.438.500 177.6 3.780 124.4 6.000 169.438.188 176.2 3.720 122.4 6.000 169.435.410 163.4 3.877 127.6 6.000 169.439.000 179.9 3.930 129.3 6.000 169.439.000 179.9 4.230 139.1 6.000 169.438.313 176.7 4.150 136.5 6.000 169.437.300 172.1 4.000 131.6 6.000 169.436.500 168.4 3.840 126.3 6.000 169.435.000 161.5 3.740 123.0 6.000 169.4

1 33.900 156.4 3.680 121.0 6.000 169.433.000 152. 2 3.560 117.2 6.000 169.432.500 149.9 3.850 126.6 6.000 169.432.500 149.9 3.790 124.6 6.000 169.433.000 152.2 3.810 125.3 6.000 169.434.800 160.5 3.940 129.7 6.000 169.4

I%&

15

WHOLESALE PRICES OF COMMODITIES 163

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T able 9.—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924—Continued

Building materials

18901891189218931894189518961897189818991900190119021903190419051906190719081909

9

Year or month

(a) Lumber(6) Brick:

Common Face

Shingles Salmon: Run of kiln, Chicago Red: Cincin­nati Red: Domestic, New York F. o. b.plant,averageforU. S.,average price per M

F. o. b.yard,average82yards, average price per M

Rela­tiveprice

No. 1, gray, average U. S.and Canada, average price per M

Light colored, New York, average price per M

Rela­tivepriceWhitepine,18inches long, average price per M

Michigan white pine, 16 inches long, average price per M

Redcedar,16inches long, average price per M

Rela­tivepriceAver­age price per M

Rela­tivepriceAver­age price per M

Rela­tivepriceAver­age price per M

Rela­tiveprice

$3,8424.000 3. 906 3.850 3. 7503.700 3. 613 3.542 3.552 3. 6794.000 4.188

73.476.474.673.571.770.769.067.767.870.376.480.087.989.587.685.8112.5137.1102.3101.9

$6,563 5.708 5. 771 5.833 5.0005.313 5.063 4.938 5.750 5.6885.2505.7665.385 5.906 7.4958.104 8. 547 6.1565.1046.385

100.087.0 ‘ 87.988.9 76.281.077.175.287.686.780.087.9 82.1 90.0114.2

123.5130.293.877.897.3

__________ii

$3,263 3.588 3. 650 3. 5753.500 $1,6882.2132.6962.0132.004

164 WHOLESALE PRICES, 1890 TO 1924

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1910 ....1911 ..........................................1912 ......1913 .....1914 .... .1915...................1916..................1917................1918 ....1919 ....1920 ..........................................1921 __1922 ....1923 ..........................................January—February..M arch___April.........M ay.........June..........

July...........August___September.October__November.December.1924 .... .January ... February.. M arch___. April.........M ay.........June..........

Ju ly ..........August___September.October__November.December.

2.0081.8131.9391.9671.7131.6641.9102.8182.7944.4884.7232.6723,2982.9033.270 3.450 3.4203.270 2.980 2.7402.7102.5202.640 2.650 2.560 2.6302.727.3.0603.1008.0902.710 2.480 2.4102.520 2.720 2.680 2.6002.7102.640

102.192.298.6100.087.184.697.1 143.3142.1

228.2240.2135.8167.7147.6166.3175.4173.9166.3151.5139.3137.8 128.1134.2134.7130.2133.7138.6155.6157.6157.1137.8126.1 122.5128.1138.3136.3132.2137.8134.2

$4,9384.8724.7804.7834.947 7.4498.947 11.4419.3348.7058.7648.7708.7308.6508.7908.7908.7108.650 9.100 8.630 8.980 8.610 8.7608.7829.2008.4708.5708.8608.7108.7408.7308.740 9.0508.730 9.000 8.580

100.098.796.896.9 100.2 150.9

181.2231.7189.0176.3177.5177.6176.8175.2178.0178.0176.4175.2184.3174.8181.9174.4177.4177.8186.3171.5173.6179.4176.4177.0176.8177.0183.3176.8182.3173.8

____ f ____ 5.719 87.15.891 89.86.760 103.0$7,000 100.0 6.563 100.0 $6,200 100.0 $12,400 100.06.750 96.4 5.531 84.3 6.120 98.7 12.633 101.96.250 89.3 6.052 92.2 6.150 99.2 13.000 104.86.75b 96.4 8.035 122.4 6.680 107.7 13.114 105.88.438 120.5 8.885 135.4 8.170 131.8 16.410 132.312.938 184.8 11.927 181.7 10.900 175.8 22.000 $20,308 177.4

13.583 194.0 15.958 243.2 12.790 $14,014 206.3 36.149 315.817.467 249.5 21.854 333.0 18.946 278.9 49.906 435.916.939 242.0 15.208 231.7 15.759 231.9 50.000 436.813.158 188.0 17.339 264.2 13.702 201.8 52.000 454.314.046 200.7 19.807 301.8 14.506 213.5 51.125 446.513.000 185.7 20.000 304.8 13.886 204.4 52.000 454.313.250 189.3 20.000 304.8 13.968 205.7 52.000 454.313.250 189.3 20.000 304.8 14.242 209.6 52.000 454.313.250 189.3 20.000 304.8 14.467 212.9 52.000 454.314.400 205.7 20.000 304.8 14.564 214.3 50.000 436.814.400 205.7 20.300 309.3 14.698 216.4 51.500 449.914.500 207.1 21.000 320.0 14.702 216.4 52.000 454.314.500 207.1 20.387 310.7 14.676 216.0 51.000 445.514.500 207.1 20.000 304.8 14.689 216.2 50.000 436.814.500 207.1 19.000 289.5 14.752 217.2 50.000 436.814.500 207.1 18.000 274.3 14.746 217.0 50.000 436.814.500 207.1 19.000 289.5 14.684 216.2 51.125 446.513.950 199.3 17.042 259.7 14.458 212.9 51.057 446.015.000 214.3 20.000 304.8 14.617 215.2 51.500 449.915.000 214.3 20.000 304.8 14.587 214.8 51.500 449.914.500 207.1 20.000 304.8 14.560 214.3 51.500 449.914.500 207.1 20.000 304.8 14.577 214.6 51.500 449.914.400 205.7 20.000 304.8 14.548 214.1 51.500 449.914.000 200.0 20.000 304.8 14.591 214.8 51.500 449.914.000 200.0 16.000 243.8 14.416 212.3 51.500 449.914.000 200.0 13.500 205.7 14.382 211.7 51.375 448.813.000 185.7 14.000 213.3 14.332 211.0 51.000 445.513.000 185.7 14.000 213.3 14.337 211.0 51.000 445.513.000 185.7 13.500 205.7 14.307 210.6 50.000 436.813.000 185.7 13.500 205.7 14.240 209.6 49.000 428.1

£O5

WHOLESALE PRICES OF COMMODITIES 165

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Yc

1890.1891.1892.1893.1894.1895.1896.1897.1898.1899.1900.1901.1902.1903.1904.1905.1906.1907.1908.1909.

T a ble 9.—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924—Continued

Building materials

0d) Other building materials

— — —Cement Crushed stone: IHrmch Doors: White pine, 2 feet 8 inches by 6 feet 8 inches

Portland: Domestic

Average price per cubic yardRela­tiveprice

Un­molded,1% inches thick, Buffalo, average price per door

Western, 1% inches thick, 5-panel, No. 1 O. G., Buffalo, average price per door

Western, 1% inches thick, 6-panel, No. 1 O. G., Chicago, average price per door

Western, 1% inches thick, 4-panel, No. 2 O. G., Chicago, average price per door

Rela­tivepriceNew York, average price per barrel

F. o. b.plant, near Chicago, average price per barrel

Rela­tiveprice

F. o.b .plant,averageforU. S.,average prico per barrel

F. o.b. plant, average of 6 plants, average price per barrel

Rela­tiveprice

F. o.b.plant, North­ampton, Pa., average price per barrel

Rela­tiveprice

F. 0 . b.plant, San Fran­cisco, average price per barrel

Rela­tiveprice

$1.375 86.51.250 78.71.250 78.71. 225 77.11. 050 i 66.0$1.969 124. 0 .913 | 57.42.000 126.8 .838 52.71.967 124. 5 .813 51.11.998 126.4 .925 58.22. 048 129.* 6 1.292 81.22.158 136. 6 1. 590 100.01.890 119! 6 1. 891 119.01.950 123̂ 4 2.121 133. 42.029 128! 4 1. 729 108.71.460 92! 4 j 1. 690 $1. 740 106. 31.427 90. 3 | 1. 837 ! 112.31. 575 99! 7 1. 727 _________ i 105. 61.646 104. 2 1.884 $1.811 115. 21. 460 92! 4 ________ I_____ 1.744 i n o . 91.412 89.3 ___ ________ !_____ i_______ 1.775 ! 112.9

166 WHOLESALE PRICES, 1890 TO 1924

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1910.......................... 1.448 91.71911.......................... 1.461 92.51912.......................... 1.315 83.21913......................... 1.580 $1,011 100.0 $1.0051914......................... .922 91.2 .9271915.................... .971 96.0 .8601916.......................... 1.187 117.5 1.1031917.......................... 1.532 151.5 1.3541918_____________ 1.665 164.7 1.5961919.--.................... 1.663 164.5 1.7101920....................... 1.802 178.31921........................ . 1.662 164.41922......................... 1.611 159.31923.......................... 1.723 170.4January............ 1.600 158.3February.......... 1.750 173.1M arch.............. 1.750 173.1April................. 1.750 173.1M ay................. 1.750 173.1June.................. 1.750 173.1

July.................. 1.750 173.1August............. 1.750 173.1September....... 1.750 173.1October............ 1.750 173.1November........ 1.673 165.5December........ 1.650 163.21924.......................... 1.741 172.3January............ 1.715 169.6February-........ 1.750 173.1M arch.............. 1,750 173.1April................. 1.750 173.1M ay................. 1.750 173.1June.................. 1.750 173.1

July................... 1.750 173.1August............. 1.750 173.1September....... 1.750 173.1October............ 1.750 173.1November____ 1.750 173.1December____ 1.681 166.3

100.0 $0,890 100.0 I $1,633 100.0 $0,900 100.092.2 .890 100.0 1 1.633j 100.0 .938 104.285.6 .790 .88.8 1.633 100.0 .810 90.0109.8 1.025 115.2 1,633 100.0 .883 98.1____ 134.7 1.404 157.8 1.633 100.0 1.117 124.1158.8 1.750 190.6 2.100 128.6 1.604 178.2

$1.767 170.1 1.738 195.2 2.050 125.6 1.704 189.42.042 196.6 2.046 229.9 2.469 151.2 1.908 212.01.931 185.9 1.850 207.9 2.567 157.2 1.925 213.91.805 173.7 1.725 193.8 2.304 141.1 1.692 188.01.881 181.0 1.878 211.0 2.275 139.4 1.650 183.31.833 176.4 1.900 213.5 2.300 140.9 1.650 183.31.892 182.0 1.900 213.5 2.300 140.9 1.650 183.31.892 182.0 1.900 213.5 2.300 140.9 1.650 183.31.892 182.0 1.900 213.5 2.300 140.9 1.650 183.31.892 182.0 1.900 213.5 1 2.300 140.9 1.650 183.31.892 182.0 1.900 213.5 ! 2.300 140.9 1.650 183.31.908 183.5 1.900 213.5 2.300 140.9 1.650 183.31.910 183.9 1.900 213.5 2.300 140.9 1.650 183.31.910 183.9 1.900 213.5 2.300 140.9 1,650 183.31.893 182.2 1.900 213.5 2.200 134.8 1.650 183.31.842 177.2 1.780 200.0 2.200 134.8 1.650 183.31.817 174.9 1.750 196.6 2.200 134.8 1.650 183.31.843 177.4 1.750 196.6 2.191 134.2 1.742 193.51.827 175.9 1.750 196.6 2.200 134.8 1.650 183.31.833 176.4 1.750 196.6 2.200 134.8 1.750 194.41.842 177.2 1.750 196.6 2.200 134.8 1.750 194.41.843 177.4 1.750 196.6 2.200 134.8 1.750 194.41.850 178.1 1.750 196.6 2.200 134.8 1.750 194.41.850 178.1 1.750 196.6 2.200 134.8 1.750 194.41.850 17a 1 1.750 196.6 2.200 134.8 1.750 194.41.850 178.1 1.750 196.6 2.200 134.8 1.750 194.41.850 178.1 1.750 196.6 2.200 134.8 1.750 194.41.850 178.1 1.750 196.6 2.200 134.8 1.750 194.41.850 178.1 1.750 196.6 2.200 134.8 1.750 194.41.821 175.4 1.750 196.6 2.096 12a 4 1.750 194.4

1.673 1.603 1.513 $1,3381.3901.3731,3431.373 1.543 1.9922.7194.3712.799 a 2793.513 a 770 3.8303.9803.9803.9803.9803.6203.2603.2602.9002.8002.8002.9403.0603.0603.0603.0603.0602.9802.9002.8202.8202.8202.820

106.4102.096.2100.098.796.698.7

111.014a 3195.6314.4201.4235.9252.8271.2 27a 5286.3286.3286.3286.326a 4234.5234.5208.6201.4201.4

211.5220.122a 1220.1220.1220.1214,4208.6202.9202.9202.9202.9202.9

05

AVERAGE WHOLESALE PRICES OF COMMODITIES

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Table 9.—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924-Continued

Building materials

(d) Other building materials

Year or monthGravel Hollow tile: Building Lime: Common Lime: Hydrated Sand: Building Slate: Roofing No. 1

F. o. b.pit,average of 14 plant prices, average price per ton

F. o. b.pit,average of 22 plant prices, average price per ton

Rela­tivepriceAverage price per block

Rela­tiveprice

Rock- port, average price per barrel

Lump, f. o. b. plant, average forU. S.,average price per ton

Mason’s lump, f. o. b.plant, average of 15 plant prices, average price per ton

Rela­tiveprice

F. o. b.plant,averageforU. S.,average price per ton

Mason’s, f. o. b. plant, average of 15 plant prices, average price per ton

Rela­tiveprice

F. o. b.pit,averageforU. S., average price per ton

F. o. b.pit,average of 31 plant prices, average price per ton

Rela­tiveprice

Average price per 100 square feet

Rela-'tiveprice

1890_______ $0,979.913.929.929.848.781.694.719.742.798.683.774.806.788.825.891.947.9491.0451.045

90.884.6 86.2 86.278.672.564.366.768.874.063.4 71.874.773.076.582.687.888.096.996.9

1891_____1892_______1893_______1894............1895.... ..........1896_________1897________1898..........1899...................1900_________1901_________1902___________1903_________1904____________1905........................1906_____ ______1907____________1908..................... .1909.......................... !

168 WHOLESALE PRICES, 1890 TO 1924

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9111_1912.1913.1914.1915. 3916.1917.1918.1919.1920.1921.1922.1923.

1924.

L _...................... 1.108L ........................ 1.085L _...................... $0,432 100.0 $0,064 100.0 1.078 $4,430L _...................... .455 105.2 .064 100.0 4.360.481 111.3 .064 100.0 4.260L _...................... .481 111.3 .064 100.0 5.210.583 134.8 .074 115.9 6.630...................... .741 171.4 .076 118.8 8.510

L ........................ .833 $0,953 192.7 .080 125.0 9.640) _ _ ...................... 1.107 223.9 .136 213.0 11.700L ........................ 1.005 303.3 .103 161.4L _...................... .892 180.4 .078 121.9L _...................... .951 192.3 .074 115.8January......... .954 192.9 .067 105.3February____ .969 196.0 .067 105.3March.............. .970 196.2 .067 105.3April......... ....... .946 191.4 .067 105.3M ay................. .951 192.3 .103 161.3June.................. .958 193.9 .083 128.9July.................. .933 188.7 .072 113.1Aueust____ .930 188.1 .072 113.1September....... i________ .947 191.5 .072 113.1October......... J ............... .940 190.2 .072 113.1November___ l................. .942 190.6 .072 113.1December. __ : .960 194.0 .072 113.1L _.................. . 968 195.8 .075 117.3January_____ 1.001 202.3 .072 113.1February........ 1.005 203.3 .064 100.0March.......... .990 200.2 .064 100.0April........... . .977 197.5 .064 100.0M ay............... .977 197.7 .064 100.0June................ .967 195.6 .064 100.0July........... . .951 192.3 .064 100.0August.......... .947 191.5 .089 139.1September___ .950 192.1 .089 139.1October. ......... .937 189.6 .089 139.1November....... .939 189.8 .089 139.1December____ .975 197.1 .089 139.1

$10,8989.7728.8589.7869.492 9.526 9.588 9.611 9.926 9.9139.8749.8899.8999.9319.9109.8809.5859.7409.6309.7469.6899.6559.6849.5599.5439.4939.493 9.375 9.357

96.9102.8100.6100.098.496.2117.6149.7192.1

217.6264.1 236.9214.7237.2 230.0230.8 232.4232.9 240.6240.3239.3

240.1

232.4236.1 23$. 5236.1234.8 234.0234.8231.6231.4

226.9226.9

n$4,472 100.0 $0.315 100.0 $4,625 100.04.348 97.2 .320 101.6 4.896 105.94.229 94.6 .300 95.2 5.000 108.15.056 113.1 .315 99.9 5.208 112.66.547 146.4 .388 123.0 6.500 140.58.613 192.6 .496 157.4 7.583 164.09.083 203.1 .560 $0,676 177.5 7.875 170.310.887 $12.903 243.5 .773 203.1 10.050 217.311.455 216.2 .695 182.5 10.483 226.710.295 194.3 .605 158.7 9.540 206.3

11.256 212.3 .622 163.3 10.179 220.110.960 206.7 .639 167.7 9.500 205.411.008 207.7 .642 168.4 9.500 205.411.068 208.9 .637 167.2 9.500 205.411.163 210.6 .623 163.7 9.500 205.411.347 214.0 .628 164.9 10.500 227.011.373 214.5 .622 163.3 10.500 227.011.351 214.3 .619 162.4 10.500 227.011.363 214.5 .613 161.0 10.500 227.011.361 214.3 .610 160.1 10.500 227.011.355 214.3 .608 159.6 10.500 227.011.358 214.3 .604 158.7 10.500 227.011.359 214.3 .610 160.1 10.500 227.011.054 208.7 .650 170.6 11.538 249.511.149 210.4 .677 177.7 10.500 227^011.212 211.6 .683 179.3 10.500 227.011.324 213.8 .678 178.0 10.500 227.011.255 212.3 .655 171.8 10.950 236.811.307 213.3 .653 171.5 12.000 259.511.117 209.9 .651 170.9 12.000 259! 510.974 207.2 .634 166.5 12.000 259.511.018 207.9 .631 165.6 12.000 259! 510.953 206.7 .631 165.6 12.000 259.510.853 204.8 .628 164.7 12.000 259' 510.815 204.1 .628 164.7 12.000 259.510.669 201.4 .651 170.8 12.000 259.5

AVERAGE WHOLESALE PRICES OP COMMODITIES 169

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T a ble 9 .—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924r-Continued

Year or month

Building materials

(d) Other building materials

Glass: Plate

Polished, area 3 to 5 square feet Polished, area 5 to 10 square

Unsil­vered, average price per square foot

Glazing, average price per square foot

Rela­tiveprice

Unsil­vered, average price per square foot

Glazing, average price per square foot

Rela­tiveprice

AA, average price per 50 square feet

A,average price per 50 square feet

Rela­tivepriceAverage price per 50 square feet

Rela­tiveprice

1890............................... $0,530 183.6 $0,700 179.8 $2,228 81.9 $1.786 80.41891............................... .520 180.1 .690 177.2 2.213 81.3 1.770 79.71RQ2 .420 145.4 .550 141.3 1.994 73.3 1.595 71.81893_............................. .420 145.4 .550 141.3 2.138 78.6 1.710 77.01S(U .330 114.3 .450 115.6 1.992 73.2 1.633 73.5IRQ* .300 103.9 .480 123.3 1.599 58.8 1.392 62.71896 . .340 117.8 .540 138.7 1.802 66.3 1.600 72.01897 - .200 69.3 .320 82.2 2.199 80.8 1.963 88.41898 _ . - .270 93.5 .430 110.5 2.643 97.2 2.343 105.51899-_ .300 103.9 .480 123.3 2.708 99.6 2.399 108.01900.............................. .340 117.8 .540 138.7 2.699 99.2 2.319 104.41901............................... .320 110.8 .490 125.9 4.128 151.8 3.282 147.81002 .258 89.2 .411 105.7 3.219 118.3 2.565 115.5ions .263 90.9 .431 110.8 2.640 97.1 2.160 97.31904.............................. .228 78.8 .365 93.8 2.887 106.1 2.328 104.81905-............................. .241 $0.198 83.4 .373 $0,305 95.8 2.764 1..... 101.6 2.137 96.21QOR .227 95.8 .330 103.7 2.920 107.3 2.256 101.61007 .230 97.2 .340 106.8 2.813 103.4 2.242 101.0lOOR .173 73.2 .275 86.4 2.360 86.8 1.881 84.71909............................... .202 85.2 .282 88.5 2.320 85.3 1.849 83.3

Glass: Window

Single, A, 25-inch, 6 by 8 to 10 by 15 inchesSingle, B, 25- inch, 6 by 8 to 10 by 15 inches

Paint materials

Barytes Boneblack, pow­dered, barrelsCopal gum, Ma­nila, stand­ard sorts

Average price per tonRela­tiveprice

Average price per poundRela­tiveprice

Average price per poundRela­tiveprice

WHOLESALE PBICES, 1890 TO 1924

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Page 177: bls_0390_1925.pdf

4383X0—25t—Bull,

107.7 2.338 105.382.8 1.796 80.982.4 1.785 80.4$2,274 100.0 2.221 100.0 $16,833 100.0 $0,023 100.0 $0,070 100.02.274 100.0 2.168 97.6 17.000 101.0 .023 100.0 .084 120.32.550 112.1 2.423 109.1 16.479 97.9 .023 100.0 .092 131.03.150 138.5 2.494 112.3 25.167 149.5 .037 164.0 .092 130.74.123 181.3 3.325 149.7 27.750 164.9 .040 177.8 .097 137.96.322 278.0 5.689 256.2 31.083 184.7 .048 211.1 .138 197.66.554 288.2 6.226 280.4 30.367 180.4 .055 244.4 .144 205.16.900 303.5 6.555 295.2 33.921 201.5 .056 248.0 .164 234.75.909 259.9 5.614 252.8 25.344 150.6 .064 285.8 .110 157.04.030 177.2 3.523 158.6 23.313 138.5 .055 244.4 .105 150.04 275 188.0 3.612 162.7 40.496 240.6 .055 244.4 .115 164.04 275 188.0 3.612 162.7 40.000 237.6 .055 244.4 .113 160.74 275 188.0 3.612 162.7 40.000 237.6 .055 244.4 .115 164.34.275 188.0 3.612 162.7 41.200 244.8 .055 244.4 .115 164.34 275 188.0 3.612 162.7 42.000 249.5 .055 244.4 .115 164.34 275 188.0 3.612 162.7 42.000 249.5 .055 244.4 .115 164.34 275 188.0 3.612 162.7 42.000 249.5 .055 244.4 .115 164.34275 188.0 3.612 162.7 42.000 249.5 .055 244.4 .115 164.34 275 188.0 3.612 162.7 42.000 249.5 .055 244.4 .115 164.34 275 188.0 3.612 162.7 42.000 249.5 .055 244.4 .115 164.34 275 188.0 3.612 162.7 41.500 246.5 .055 244.4 .115 164.34 275 188.0 3.612 162.7 36.250 215.3 .055 244.4 .115 164.34 275 188.0 3.612 162.7 35.000 207.9 .055 244.4 .115 164.33.913 172.1 3.459 155.7 31.837 189.1 .055 244.4 .083 119.14 275 188.0 3.612 162.7 33.500 199.0 .055 244.4 .115 164.34 275 188.0 3.612. 162.7 33. COO 196.0 .055 244.4 .115 164.34 275 188.0 3.612 162.7 33.000 196.0 .055 244.4 .107 152.94 275 188.0 3.612 162.7 33.000 196.0 .055 244.4 .075 107.14.275 188.0 3.612 162.7 33.000 196.0 .055 244.4 .075 107.14 275 188.0 3.612 162.7 33.000 196.0 .055 244.4 .075 107.14.275 188.0 3.612 162.7 31.125 184.9 .055 244.4 .075 107.13.420 150.4 3.249 146.3 30.500 181.2 .055 244.4 .071 101.43.420 150.4 3.249 146.3 30.500 181.2 .055 244.4 .070 100.03.420 150.4 3.249 146.3 30.500 181.2 .055 244.4 .074 105.43.420 150.4 3.249 146.3 30.500 181.2 .055 244.4 .075 107.13.420 150.4 3.249 146.3 30.500 181.2 .055 244.4 .075 107.1

AVERAGE WHOLESALE PRICES OP COMMODITIES

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Chart 194 0 03 7 53 5 03 2 53 0 02 7 5

2 5 0

2 2 5

2001 7 5

1 5 0

1 2 5

100

T5

50

40

172 WHOLESALE PRICES, 1890 TO 1924

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

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Chart 19a400 n-pr 375 --- 4325 T 300 r 275

IBD0W CUSS LATE GLASS [Average prlee In 1913 =100.) r _ i//■J / IL:zl7 \!-/ / M 'V-4- 1 -Vrj. .j

\■“s/ilO - J C '1 ..... "\150 — -

IOC ...ijIZo ----M<Ql 01 K'v m

1 0 0 ---- —- i. ........ _ (.

„ V . / ’/

J

KA_A n _ _ m

& 1 g t•-» «1915

Dec.

Mar.

iD Ju

ne i10

i i u i1917

M i l19

I18

M i l(91

319

oepu Dec.

Mar.

ID J

une jzooepu De

c.Ma

r.

58 June 3

LIM i l

19\ izz

M i l195

1L3

M i l l(924

1

400375350325300275.250225200175150125

100

75

50

40

CO

AVERAGE WHOLESALE PRICES OF COMMODITIES

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 180: bls_0390_1925.pdf

T a ble 9 .—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924-Continued

Building materials

(d) Other building materials

Paint materials

Year or month Lampblack Linseed oil, raw Lithopone P u tty Rosin: Common to good, strained Shellac, T . N. Tar Tspmts of6*

Average price per poundRela­tiveprice

Average price per gallonRela­tiveprice

Average price per poundRela­tiveprice

Inb tdk, average price per pound

In 1,2, 3, and 5 pound tins, average price per pound

Rela­tivepriceAverage price per barrel

Rela­tivepriceAverage price per pound

Rela­tivepriceAverage price per barrel

Rela­tivepriceAverage price per gallon

Rela­tiveprice

1890 .................................. $0,616 133.3 $0.018 152.2 $1,384 28.7 $1.475 66.3 $0,408 95.31891.................................... .484 104.8 .018 152.2 1.474 30.6 1.583 71.2 .380 88.71892..................................... .408 88.4 .016 140.0 1.342 27.9 1.300 58.4 .323 75.41893 ................................... .463 100.3 .016 139.0 1.262 26.2 1.046 47.0 .300 70.21894 ................................... .524 113.4 .016 136.5 1.251 26.0 1.092 49.1 .293 68.518 "5 ............. .524 113.4 .015 126.1 1.562 32.4 1.142 51.3 .292 68.31896 ............. .368 79.7 .015 126.1 1.746 36.2 1.013 45.5 .274 64.11897 ............. .328 70.9 .015 126.1 1.613 33.5 1.054 47.4 .292 68.31898 .393 84.9 .015 126.1 1.421 29.5 1.098 49.3 .322 75.31899 ............... .427 92.3 .017 146.1 1.346 27.9 1.246 56.0 .458 107.11900 .629 136.2 .019 165.2 1.602 33.3 1.363 61.2 .477 111.51901............... .635 137.4 .015 130.4 1.530 31.8 1.282 57.6 .373 87.11902 ............... .593 128.4 .019 167.0 1.613 33.5 1.325 59.6 .474 110.81903 ................................... .417 90.2 .014 122.6 2.216 46.0 1.679 75.5 .572 133.61904 ................................... .416 90.0 .011 95.7 2.833 58.8 1.679 75.5 .576 134.51905.................................... .468 101.2 .011 94.8 3.423 71.1 . 1.758 79.0 .628 146.61906.................................... .405 87.6 .012 103.5 4.015 83.3 1.958 88.0 .665 155.41907..................................... .434 94.0 .012 104.3 4.377 90.9 2.329 104.7 .634 148.3ion« .438 94.7 .012 104.3 3.282 68.1 1.600 71.9 .453 105.91909.................................... .580 125.5 .012 104.3 3.500 72.7 1.638 73.6 .491 114.7

174 WHOLESALE PKICES, 1890 TO 1924

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1010 • .847 183.2 .0121911 .879 190.3 .0121012 ______ .673 145.5 .0121913................................... $0.030 100.0 .462 100.0 $0,038 100.0 .0121914-.................................. .030 100.0 .502 108.6 .038 100.0 .0121915-.................................. .036 121.0 .562 121.6 .051 135.5 .012101A .116 387.7 .751 162.5 .109 291.71017 .132 439.0 1.107 239.5 .062 166.1101R .138 458.3 1.597 345.6 .073 195.51919.................................... .150 500.0 1.769 382.8 .068 182.41090 .140 466.7 1.459 315.7 .076 202.71091 .155 516.3 .700 151.5 .067 177.91922-_ ........... .141 470.0 .849 183.8 .060 160.01023 .120 400.0 .993 214.9 .069 182.9.Tannery .120 400.0 .885 191.5 .064 170.1 1February .120 400.0 .945 204.5 .065 173.3 ________March .120 400.0 1.020 220.7 .038 181.3April .120 400.0 1.160 251.0 .070 186.7May .120 400.0 1.148 248.3 .070 186.7June.____________ .120 400.0 1.116 241.5 .070 186.7

July___ ______ .120 400.0 1.033 223.4 .070 186.7August .120 400.0 .960 207.7 .070 186.7September .120 400.0 .886 191.7 .070 186.7October .120 400.0 .943 204.0 .070 186.7November .120 400.0 .910 196.9 .070 186.7December. _ .120 400.0 .918 198.7 .066 176.8 1___1024 .116 385.3 .981 212.2 .062 165.1 !............... .January __ _______ .120 400.0 .915 198.0 .064 170.1 ................February .120 400.0 .928 200.7 .064 170.1 ................March .120 400.0 .926 200.4 .064 170.1 ................April .120 400.0 .900 194.8 .064 170.1 !____May _ _ .120 400.0 .936 202.6 .064 170.1June .115 383.3 .945 204.5 .063 166.7

July . __ .110 366.7 .980 212.1 .061 163.5August- ____ .110 366.7 1.028 222.5 .061 161.3September .110 366.7 1.010 218.6 .060 160.0October- _ ____ .110 366.7 1.013 219.1 .060 160.0"November .112 373.3 1.074 232.4 .060 160.0December................... .120 400.0 1.105 239.1 .060 160.0

8 No quotation.

100.0 5.233 108.6 2.254 101.3 .683 159.6100.0 6.717 139.4 2.125 95.5 .679 15a 7100.0 6.642 137.9 2.000 89.9 .470 109.9100.0 4.817 100.0 $0.201 100.0 2.235 100.0 .428 100.0100.0 4.017 83.4 .159 79.3 2.188 9& 3 .473 110.6$0,027 100.0 3.767 78.2 .149 74.1 1.733 77.9 .459 107.4.033 122.6 5.800 120.4 .272 135.3 2.254 101.3 .491 114.7.040 150.9 6.392 132.7 .526 261.9 3.192 14a 4 .488 114.0.047 176.2 10.584 219.7 .632 314.6 3.677 165.3 .594 13a 9

.047 175.8 15.201 315.6 .757 377.0 4.452 200.1 1.210 282.8.055 207.5 15.278 317.2 1.169 582.4 5.123 230.3 1.734 405.3.051 192.5 5.763 119.6 .567 282.5 2.890 129.9 . C81 159.2.048 179.2 5.781 120.0 .714 355.3 2.686 120.7 1.150 268.8

.041 156.2 5.925 123.0 .646 321.9 3.414 153.4 1.171 273.7. 048 179.2 6.115 127.0 .803 399.7 3.500 157.3 1.522 355.7.048 179.2 5.969 123.9 .800 338.4 3.500 157.3 1.493 348.9.043 162.3 6.150 127.7 .766 381.5 3.500 157.3 1.548 361.8.040 150.9 6.225 129.2 .720 358.6 3.500 157.3 1.524 356.1.040 150.9 6.070 126.0 .618 307.5 3.500 157.3 1.167 272.7.040 150.9 5.825 120.9 .554 275.9 3.500 157.3 1.046 244.5

.040 150.9 5.820 120.8 .520 259.0 3.500 157.3 .943 220.3.040 150.9 5.750 119.4 .563 280.1 3.500 157.3 .951 222.3.040 150.9 5.850 121.5 .618 307.8 3.500 134.8 .971 227.0.040 150.9 5.840 121.2 .618 307.5 3.500 134.8 1.007 235.3.040 150.9 5.775 119.9 .588 292.6 3.500 157.3 .954 222.9.040 150.9 5.669 117.7 .590 293.8 3.500 157.3 .938 219.1

.040 150.9 6.172 128.1 .579 288.3 3.500 157.3 .912 213.0.040 150.9 5.770 119.8 .593 295.1 3.500 157.3 1.C07 235.2.040 150.9 5.800 120.4 .580 288.8 3.500 157.3 1.022 238.8.040 150.9 5.725 118.9 .561 279.4 3.500 157.3 3.024 239.3.040 150.9 5.780 120.0 .558 277.6 3.500 157.3 .965 225.4.040 150.9 5.588 116.0 .538 267.9 3.500 157.3 .901 210.5.040 150.9 5.525 114.7 .535 266.4 <2) .844 197.2

.040 150.9 5.590 116.1 .525 261.5 (2) > .837 195.5.040 150.9 5.813 120.7 .566 281.9 (2) .893 208.6.040 150.9 6.115 127.0 .600 298.8 <2) .887 207.2.040 150.9 7.163 148.7 .633 315.0 <*) .880 205.7.040 150.9 7.600 157.8 .636 316.7 (2) .851 19a 9.040 150.9 7.600 157.8 .628 312.5 (2) .837 195.6

Cn

AVERAGE WHOLESALE PRICES OF COMMODITIES

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T a ble 9 .—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924—Continued

Year or month

Building materials Chemicals and drugs

(d) Other building materials (a) Chemicals

Paint materials Prepared roofing Acid

Lead, carbonate of (whitelead): Ameri­can, in oilZinc, oxide of (white zinc) Prepared roofing: Medium, average price1 per square

Slate surfaced roofing, average price1 per square

Indi­vidual shingles, average price1 per square

Strip shingles, average price1 per square

Acetic, 28 per cent Boric, barrels Muriatic, 20° Nitric, 42°

Average price per poundRela­tiveprice

Average price per poundRela­tiveprice

Average price per poundRela­tiveprice

Average price per poundRela­tiveprice

Average price per poundRela­tiveprice

Average price per poundRela­tiveprice

1890............................... $0,064.065.066.061.052.053.052.054.054.057.063.058.054.062.059.063.069.070.065.064.069.071.068.068.068

94.496.297.390.177.577.776.579.080.384.092.585.279.791.087.793.6102.5 103.196.294.2

102.4104.6100.9 100.099.9

$0,043.042.043.041.037.035.038.038.040.044.045.044.044.046.046.047.051.054.051.052.054.054.052.054.054

79.0 77.979.276.869.365.171.270.173.681.483.881.481.886.1 86.186.494.4 100.095.4 96.1

100.099.495.7 100.0 100.0

$0,010.010.012.010.009.008.008.011.013.014.014.015.017.016.016.016.014.014.014.013.013.013.013.013.013

80.075.4 93.177.767.773.857.783.898.5103.8

103.8 115.4 129.2123.1123.1123.1103.8103.8103.8103.1100.0100.0100.0100.0100.0

1891............................... 11892...............................189*...............................1894...............................1895...............................1896...............................1897........................... .1898.......................... .1899..............................1900.........1901.........1902.. ._1903.........1904..............................1*905. - .........................1906......... ....................1907....... ......................1908................... ........1909. .............1910...............................1911 .........1912..............................1913............................... $0,019.016 100.080.4 $0,070.073 100.0103.4 $0,049.049 100.0100.01914...............................

O*

WHOLESALE PBICES, 1890 TO 1924

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191ft .070 103.3 .067 124.0 .024 125.3 .088 125.2 .016 123.8 .066 134.8191ft .093 137.1 .092 170.8 .060 309.3 .112 159.9 .025 189.2 .078 159.61917 .112 165.8 .100 186.6 .052 267.5 .128 182.9 .018 134.6 .077 157.6191ft .127 188.0 .100 185.5 .056 290.7 .133 189.0 .023 174.6 .087 178.91919 . 131 194.1 .087 162.3 .030 155.2 .134 190.4 .016 123.1 .075 153.51999 . 152 225.3 .089 165.4 .034 174.7 .143 203.8 .021 160.0 .076 155.71921............................... .127 187.7 .077 142.6 $1,794 $2,004 $5,438 $4,829 .026 131.4 .131 187.3 .014 109.2 .071 144.71922............................... .120 176.9 .068 126.9 1.610 1.743 4.761 4.494 .026 135.6 .116 165.8 .011 87.7 .060 122.11923............................... .120 177.2 .065 121.6 1.555 1.770 4.716 4.631 .033 171.1 .107 152.1 .010 76.9 .053 107.6

January___ ____ .116 171.0 .068 125.5 1.534 1.726 4.675 4.627 .032 163.9 .115 164.0 .010 76.9 .053 107.6February.-........... .120 177.5 .068 125.5 1.534 1.744 4.745 4.729 .032 163.9 .115 164.0 .010 76.9 .053 107.6March.... ............. .123 181.2 .071 131.0 1.543 1.812 4.836 4.861 .032 163.9 .115 164.0 .010 76.9 .053 107.6April. .................... .123 181.2 .073 134.8 1.585 1.846 4.914 4.966 .032 166.5 .115 164.0 .010 76.9 .053 107.6M ay...................... .123 181.2 .073 134.8 1.588 1.832 4.884 4.976 .034 174.2 .105 149.8 .010 76.9 .053 107.6June...................... .123 181.2 .073 134.8 1.552 1.789 4.723 4.724 .034 174.2 .105 149.8 .010 76.9 .053 107.6July....................... .119 175.3 .072 133.6 1.542 1.770 4.605 4.549 .034 174.2 .105 149.8 .010 76.9 .053 107.6August.................. .119 175.3 .071 132.5 1.544 1.752 4.624 4.454 .034 174.2 .105 149.8 .010 76.9 .053 107.6September........... .119 175.3 .071 132.5 1.553 1.757 4.642 4.298 .034 174.2 .101 144.1 .010 76.9 .053 107.6October................. .119 175.3 .071 132.5 1.561 1.739 4.649 4.383 .034 174.2 .100 142.7 .010 76.9 .053 107.6November............ .119 175.3 .071 132.5 1.561 1.735 4.649 4.501 .034 174.2 .100 142.7 .0*10 76.9 .053 107.6December............. .119 175.3 .070 130.7 1.561 1.735 4.649 4.501 .034 174.2 .100 142.7 .010 76.9 .053 107.6

1924.............................. .148 218.9 .070 130.1 1.668 1.856 5.052 4.949 .032 164.9 .094 133.4 .009 70.8 .056 114.8January................ .137 201.9 .070 130.1 1.579 1.772 4.753 4.656 .034 174.2 .100 142.7 .010 76.9 .053 107.6February.............. .146 215.4 .070 130.1 1.666 1.880 5.140 5.126 .034 174.2 .100 142.7 .010 76.9 .053 107.6March.................. .150 221.9 .070 130.1 1.697 1 908 5.259 5.092 .034 174.2 .100 142.7 .009 70.0 .050 101.4April..................... .150 221.9 .070 130.1 1.697 1.906 5.255 5.092 .033 170.6 .100 142.7 .009 69.2 .058 117.8M ay...................... .150 221.9 .070 130.1 1.685 1.883 5.193 5.092 .031 160.8 .092 131.2 .009 69.2 .058 117.8June...................... .148 218.2 .070 130.1 1.680 1.867 5.096 5.092 .031 160.8 .090 128.4 .009 69.2 .058 117.8July............ ......... .145 214.5 .070 130.1 1.680 1.852 5.030 4.868 .031 160.8 .090 128.4 .009 69.2 .058 117.8August.................. .146 216.0 .070 130.1 1.680 1.850 4.980 4.860 .031 160.8 .090 128.4 .009 69.2 .058 117.8September............ .148 218.2 .070 130.1 1.680 1.850 4.980 4.860 .031 160.8 .090 128.4 .009 69.2 .058 117.8October________ .148 219.1 .070 130.1 1.664 1.842 4.980 4.860 .031 160.8 .090 128.4 .009 69.2 .058 117.8November............ .153 225.6 .070 130.1 1.657 1.834 4 980 4.860 .031 160.8 .090 128.4 .009 69.2 .058 117.8December............. .155 229.3 .070 130.1 1.647 1.828 4.974 4.935 .031 160.8 .090 128.4 .009 69.2 .058 117.81 No 1913 base price.

-5

AVERAGE WHOLESALE PRICES OF COMMODITIES

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T a ble 9 —AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924—Continued0 0

Chemicals and drugs

(a) Chemicals

Year or monthAcid Alcohol

Alum: Lump Aluminumsulphate,commercialAmmonia: An­hydrousOleum, 20 per cent, tank cars Salicylic,U. S. P., barrels Stearic, triple pressed Sulphuric, 66° Denatured, 188 proof Wood: Refined, 95 per cent

Average Rela- Average Rela- Average Rela- Average Rela­ Average Rela­ Average Rela­ Average Rela­ AveragenripA npr Rela­ Average Rela­price per tive price per tive price per tive price per tive price per tive price per tive price per tive pi iw pci 100 tive price per tiveton price pound price pound price pound price gallon price gallon price pound price pounds price pound price

1890____ _ $0,009 88.0 $1.138 237.8 $0,018 104.01891 .008 81.0 1.160 242.5 .016 90.31892 :oio 95.0 1.297 271.2 .016 91.41893 .009 85.0 1.292 270.1 .017 99.41894... .007 73.0 .720 150.5 .017 96.61895 .007 70.0 .867 181.2 .016 91.41896 .007 70.0 .850 177.7 .016 93.71897.__ .010 95.0 .694 145.1 .017 94.91898. _ .011 113.0 .750 156.8 .017 94.31899 .012 120.0 .771 161.2 .017 96.01900 .012 120.0 .800 167.3 .018 100.01901 .013 125.0 .613 128.1 .018 100.01902 .013 130.0 .642 134.2 .018 100.01903 .013 127.0 .592 123.7 .017 98.91904 .013 129.0 .588 122.8 .018 100.01905 .012 124.0 .675 141.1 .018 100.01908 .010 100.0 .700 146.3 .018 100.01907 .010 100.0 .399 83.5 .018 100.01908 .010 102.0 .428 89.4 .018 100.01909 .010 100.0 . 500 104.5 .018 100.01910 .010 100.0 .500 104.5 .018 100.01911 .010 100.0 .500 104.5 .018 100.01912 .010 100.0 .500 104. 5 .018 100.01913.................... $25.000 100.0 $0,283 100.0 $0.133 100.0 .010 100.0 $0. 366 100.0 .478 100.0 .018 100.0 $0. 900 100.0 $0. 250 100.01914........................ 25.000 100.0 .429 151.4 .129 97.4 .010 100.0 .338 92.5 .450' 94.1 .020 113.1 .967 107.4 .250 100.0

WHOLESALE PfilCES, 1890 TO 1924

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1915........................ 29.808 119.2 2.240 790.3 .177 133.4 .013 129.01916........................ 59.434 2,97.7 2.813 992.7 .150 112.9 .020 200.01917........................ 44.664 178.7 .921 324.9 .217 164.0 .017 169.01918........................ 49.482 197.9 .928 327.3 .261 196.8 .016 163.01919. — ................ 22.827 91.3 .437 154.0 .263 198.4 .010 95.01920....................... 27.654 110.6 .519 183.1 .268 202.5 .011 112.01921...................... 21.547 86.2 .219 77.3 .119 89.7 .009 91.01922....................... 19.154 76.6 .283 100.0 .108 81.7 .008 76.01923-............. ........ 18.414 73.7 .399 140.8 .147 110.6 .007 73.0January......... 17.000 68.0 .413 145.6 .138 104.2 .007 70.0February----- 17.000 68.0 .450 158.8 .152 114.4 .007 70.0M arch........... 17.000 68.0 .460 162.3 .159 120.3 .007 70.0April..............M ay............... 18.125 72.5 .500 176.4 .160 120.8 .007 71.018.750 75.0 .425 150.0 .153 115.5 .008 75.0June............... 19.000 76.0 .400 141.1 .145 109.4 .008 75.0

Ju ly ................ 19.000 76.0 .400 141.1 .144 108.5 .008 75.0August........... 19.0C0 76.0 .350 123.5 .144 108.5 .008 75.0Septem ber... 19.000 76.0 .350 123.5 .148 111.3 .008 75.0October.......... 19.000 76.0 .350 123.5 .144 108.3 .008 75.0November-. . 19.000 76.0 .350 123.5 .143 107.5 .008 75.0December___ 19.000 76.0 .350 123.5 .133 100.5 .008 75.01924........................ 17.981 71.9 .350 123.5 .133 100.5 .007 71.0January......... 19.000 76.0 .350 123.5 .133 100.0 .008 75.0February----- 19.000 76.0 .350 123.5 .133 100.0 .007 73.0M arch........... 19.000 76.0 .350 123.5 .132 99.5 .007 70.0April..............M ay............... 18.250 73.0 .350 123.5 .130 98.1 .007 70.018.000 72.0 .350 123.5 .130 98.1 .007 70.0June............... 17.500 70.0 .350 123.5 .130 98.1 .007 70.0

Ju ly ................ 17.500 70.0 .350 123.5 .130 98. .007 70.0August........... 17.500 70.0 .350 123.5 .132 99.5 .007 70.0Septem ber... 17.500 70.0 .350 123.5 .133 100.0 .007 70.0October.......... 17.500 70.0 .350 123.5 .130 98.1 .007 70.0November . . . 17.500 70.0 .350 123.5 .139 104.8 .007 70.0December___ 17.500 70.0 .350 123.5 .147 110.9 .007 70.0

.372 101.6 .458 95.8 .030 170.3 1.263 140.3 .250 100.0.563 153.8 .671 140.2 .041 233.1 3.417 379.6 .250 100.0.798 218.0 1.046 218.6 .042 240.6 2.000 222.2 .254 101.7.686 187.5 1.015 212.1 .046 262.9 2.125 236.1 .385 154.1

.477 130.4 1.273 266.2 .041 334.9 1.746 194.0 .303 121.1.980 267.8 2.557 534.5 .045 256.0 2.242 249.1 .336 134.2.447 122.1 .801 167.4 .038 218.3 1.872 208.0 .303 121.2.334 91.3 .637 133.1 .034 195.4 1.522 169.1 .3C0 120.0

.423 115.5 1.058 221.1 .035 2C0.0 1.440 160.0 .300 120.0.380 103.9 1.130 236.2 .035 2C0.0 1.500 166.7 .300 120.0.380 103.9 1.130 236.2 .035 2C0.0 1.500 166.7 .300 120.0.380 103.9 1.130 236.2 .035 2C0.0 1.500 166.7 .300 120.0.380 103.9 1.130 236.2 .035 200.0 1.500 166.7 .300 120.0.390 106.6 1.130 236.2 .035 2C0.0 1.475 163.9 .300 120.0.400 109.3 1.130 236.2 .035 200.0 1.400 155.6 300 120.0

.430 117.5 1.130 236.2 .035 2C0.0 1.400 155.6 .300 120.0.430 117.5 1.130 236.2 .035 2C0.0 1.400 155.6 .300 120.0.437 119.5 .986 206.1 .035 2C0.0 1.400 155.6 .300 120.0.460 125.8 .933 195.0 .035 2T0.0 1.400 155.6 .300 120.0.478 130.5 .880 184.0 .035 200.0 1.400 155.6 .300 120.0.515 140.8 .880 184.0 .035 200.0 1.400 155.6 .300 120.0

.532 145.4 .755 157.8 .035 200.0 1.361 151.2 .300 120.0.515 140.8 .880 184.0 .035 200.0 1.400 155.6 .300 120.0.515 140.8 .880 184.0 .035 2C0.0 1.400 155.6 .300 120.0.515 140.8 .880 184.0 .035 2C0.0 1.350 150.0 .300 120.0.515 140.8 .880 184.0 .035 2C0.0 1.350 150.0 .300 120.0.515 140.8 .750 156.8 .035 2C0.0 1.350 150.0 .300 120.9.498 136.0 .738 154.2 .035 200.0 1.350 150.0 .300 120.0

.480 131.2 .650 135.9 .035 200.0 1.350 150.0 .300 120.0.508 138.9 .680 142.2 .035 200.0 1.350 150.0 .300 120.0.543 148.3 .680 142.2 .035 200.0 1.350 150.0 .300 120.0.575 157.2 .685 143.2 .035 200.0 1.350 150.0 .300 120.0.600 164.0 .680 142.2 .035 200.0 1.340 148.9 .300 120.0.600 164.0 .680 142.2 .035 200.0 1.400 155.6 .300 120.0

M- aCO

AVERAGE WHOLESALE PRICES OE COMMODITIES

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T a ble 9.—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924^-ContinuedChemicals and drugs

(a) Chemicals

Year or month Analine oil, drums Arsenious oxide (white arsenic) Benzene (benzol), pure, tanks Bleaching powder Borax: Crystals Calciumarsenate CalciumchlorideCoal tar colors

Black: Direct black Brown: Sulphur, in barrels

AveragepriceperpoundRela­tiveprice

AveragepriceperpoundRela­tiveprice

AveragepricepergallonRela­tiveprice

AveragepriceperpoundAverage price per 100 pounds

Rela­tivepriceAveragepriceperpound

Rela­tivepriceAverage price 1 per pound

Average price per tonRela­tiveprice

AveragepriceperpoundRela­tiveprice

AveragepriceperpoundRela­tiveprice

1890.......................1891___ _____ j1892.....................1893............. . .1894.....................1895........... .1896___________1897_______1898........... ..........1899..._________1900.......... ............1901____1902............ ........1903_______1904__________1905..................1906................ .1907.....................1908___________1909............. .1910______ _____1911___________1912___________1913.............. ........ $0.101.188 100.0185.3 $0.037 .035 100.094.1 $0.273 .258 100.094.5 $0.013 .013 100.0100.0 $0.038 .038 100.0100.0 $12. 916 11.800 100.091.4 $0,320.378 100.0118.3 $0.220 .220 100.0100.01914.......................

180 W

HOLESALE PRICES, 1890 TO 1024

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1915........................ .829 818.1 .0381916........................ .495 488.3 .0601917........................ .214 211.5 .1561918....................... .260 256.7 .1031919........................ .262 258.9 .0931920........................ .304 299.6 .1331921........................ .194 191.6 .0711922........................ .151 148.7 .0861923....................... .165 163.3 .138January____ .164 161.7 .156February___ .165 162.9 .158M arch_____ .165 162.9 .159April....... ....... .165 162.9 .159M ay............... .165 162.9 .154June............... .161 158.9 .140

July................ .160 157.9 .114August_____ .164 161.7 .098September - _. .166 163.9 .111October____ .170 167.8 .129November-. . .170 167.8 .144December___ .170 167.8 .1361924........................ .170 167.8 .092January____ .170 167.8 .131February___ .170 167.8 .126March......... .170 167.8 .120April_______ .170 167.8 .114M ay........... . .170 167.8 .101June........... . .170 167.8 .080

July................ .170 167.8 .081August........... .170 167.8 .078September - . . .170 167.8 .074October____ .170 167.8 .066November-. . .170 167.8 .065December___ .170 167.8 .063

100.8 .428 156.9 .025 200.0159.1 .638 233.9 .065 520.0416.0 .500 183.5 .027 216.8274.6 .268 98.5 .031 $2,956 250.4248.4 .244 89.7 1.946 164.8354.8 .320 117.4 4.935 418.2189.3 .277 101.8 2.272 192.6230.7 .301 110.6 1.844 156.2369.3 .275 100.8 1.820 154.2417.9 .328 120.2 2.250 190.6422.7 .313 114.7 2.250 190.6425.1 .300 110.1 2.370 200.8424.6 .300 110.1 2.400 203.3411.2 .285 104.6 1.900 161.0373.0 .270 99.1 1.870 158.5305.9 .270 99.1 1.750 148.2260.7 .270 99.1 1.625 137.7296.8 .270 99.1 1.500 127.0344.4 .240 88.1 1.438 121.7384.5 .230 84.4 1.313 111.2363.6 .230 84.4 1.250 105.9244.7 .241 88.5 1.842 156.0351.1 .230 84.4 1.500 127.0337.7 .245 89.9 1.625 137.7319.5 .250 91.7 1.840 155.7304.3 .250 91.7 1.900 161.0270.1 .240 88.1 1.900 161.0213.9 .240 88.1 1.900 161.0217.4 .240 88.1 1.900 161.0207.2 .240 88.1 1.900 161.0197.3 .240 88.1 1.900 161.0177.3 .240 88.1 1.900 161.0173.8 .240 88.1 1.900 161.0168.7 .240 88.1 1.900 161.01 No 1913 base price.

.047 124.5 11.747 90.9 1.535 479.2 (2).065 174.4 17.665 136.7 2.542 794.3 ' .572 260.1.072 191.7 28.083 217.4 1.400 437.5 .308 140.1.073 193.3 21.854 169.2 .917 286.5 .404 183.7.073 194.7 19.267 149.2 .900 281.3 .350 159.1.082 219.2 25.108 194.4 .992 310.1 .333 151.2.060 159.2 $0,173 25.244 195.4 .789 246.5 . .350 159.1.055 146.7 .126 24.538 190.0 .508 158.7 .300 136.4.055 146.7 .153 24.750 191.6 .400 125.0 .250 113.6.055 146.7 .165 24.750 191.6 .400 125.0 .250 113.6.055 146.7 .180 24.750 191.6 .400 125.0 .250 113.6.055 146.7 .180 24.750 191.6 .400 125.0 .250 113.6.055 146.7 .180 24.750 191.6 .400 125.0 .250 113.6.055 146.7 .172 24.750 191.6 .400 125.0 .250 113.6.055 146.7 .162 24.750 191.6 .400 125.0 .250 113.6.055 146.7 .150 24.750 191.6 .400 125.0 .250 113.6.055 146.7 .135 24.750 191.6 .400 125.0 .250 113.6.055 146.7 .124 24.750 191.6 .400 125.0 .250 113.6.055 146.7 .130 24.750 191.6 .400 125.0 .250 113.6.055 146.7 .130 24.750 191.6 .400 125.0 .250 113.6.055 146.7 .130 24.750 191.6 .400 125.0 .250 113.6.052 137.9 .101 22.082 171.0 .367 114.8 .219 99.6.055 146.7 .128 24.750 191.6 .400 125.0 .250 113.6.055 146.7 .124 24.750 191.6 .400 125.0 .250 113.6.055 146.7 .120 24.750 191.6 .400 125.0 .250 113.6.055 146.7 .118 22.875 177.1 .400 125.0 .250 113.6.051 136.0 .110 21.000 162.6 .360 112.5 .230 104.5.050 133.3 .106 21.000 162.6 .350 109.4 .200 90.9.050 133.3 .098 21.000 162.6 .350 109.4 .200 90.9.050 133.3 .087 21.000 162.6 .350 109.4 .200 90.9.050 133.3 .080 21.000 162.6 .350 109.4 .200 90.9.050 133.3 .080 21.000 162.6 .350 109.4 .200 90.9.050 133.3 .080 21.000 162.6 .350 109.4 .200 9a 9.050 133.3 .080 21.000 162.6 .350 109.4 .200 90.9

2 No quotation.

00

AVEEAGE WHOLESALE PRICES OF COMMODITIES

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T a ble 9 .—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 to 1924-Continued

1890_.1891.1892.. 1893.1894..1895..1896..1897..1898..1899..1900.. 1901.1902..1903..1904.1905.1906.1907..1908.1909.

Chemicals and drugs

(a) Chemicals

ear or monthCoal tar colors

Copper sulphate (blue vitriol), 99 per cent crystalsCopperas (fer­rous sulphate)

FormaldehydeLime: Acetate Naphthalene: Flake, barrels Palm kernel ofl: . CrudeIndigo, 20 per cent paste Nigrosine, water soluble (War In­dustries Board data.) Average price per pound

(Data from trade journals.) Average price per pound

Rela­tivepriceAverage price per poundRela­tiveprice

Blue shade, average price per pound

Jet,average price per poundRela­tiveprice

Average price per poundRela­tiveprice

Average price per tonRela­tiveprice

Average price per 100 poundsRela­tiveprice

AveragepriceperpoundRela­tiveprice

AveragepriceperpoundRela­tiveprice

I _.>

i

182 WHOLESALE PRICES, 1890 TO 1924

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19101911 l19121913 $0 180 100.0 SO. 350 100.0 $0. 052 100.0 $ 13,625 100.0 $5. 035 100.0 $2.400 100.0 $0.023 100.01914 337 187.1 . 392 111.9 .046 88.9 14. 458 106.1 .085 100.0 1. 634 68.1 .027 115.1 .104 102.81Q15 773 429 2 . 700 200.0 .064 123.4 11. 917 87.5 .088 103.9 3. 335 139.0 .100 429. 7 .105 104.11910 1.533 851. 8 1. 283 368.7 .134 258.2 22.250 163.3 .110 129.7 5. 893 245.5 . 110 474.1 .138 136.31917 1 500 833. 3 1.171 334.5 .098 187.9 20. 000 148. 8 .151 177.4 4. 937 205.7 .094 404.3 .161 159.21918__________ ____ 1.588 882.6 .754 $0,900 215.5 .093 178.9 32. 583 239.1 .176 $0.175 206.8 4. 933 207.6 .098 423.7 .178 176.51919 .802 445.5 .829 198.5 .082 156.6 24.817 182.1 .227 268.6 2.058 85.8 .072 309.9 .180 178.31920 ___________ .908 504.3 .762 182.3 .079 151.2 38.758 284.5 ___________ .454 549. 5 2.781 115. 9 .127 546.5 .172 170.61921 .727 404.1 .750 179.5 .055 105.0 18.383 135.0 .135 160.3 1.867 77.8 .072 310.8 .094 93.41922 .566 314.6 .630 150. 9 .058 111.3 19. 925 146.2 .100 118. 9 2.256 94.0 .061 253.8 .085 84.51923 .254 141.1 .650 155.6 .056 107.3 18. 417 135.2 .141 166.9 3. 844 160.2 .071 307.8 .087 86.4

250 138 9 .650 155.6 .080 115. 2 21.000 154.1 .160 189.6 3.500 145.8 .058 250.9 .087 86.0]ffihrn a ry [ 250 138' 9 .650 155.6 .083 120.2 20. 000 146.8 .160 189.6 3. 500 145.8 .060 258. 6 .088 86.6M a rc h .250 138.9 .650 155.6 .085 124.8 18.000 132.1 .160 189. 6 3.500 145.8 .074 319.0 .089 87.6A pril . 250 138. 9 .650 155.6 .084 122.1 18.000 132.1 .149 176.4 3.625 151.0 . 095 409. 5 .095 94.4TVTay '. 250 138. 9 .650 155.6 .080 115. 9 18. 000 132.1 .150 177.8 4.000 166. 7 .090 387.9 .090 89.4Tim e * 250 138. 9 .650 155.6 .057 108.6 18.000 132.1 . 150 177.8 4.000 166.7 .080 342.7 .084 82.7J u ly .250 138. 9 .650 155.6 .055 105.6 18. 000 132.1 .146 173.3 4.000 166.7 .073 312.5 .083 81.7A ncm st . 258 143.1 .650 155.6 .053 101.3 18.000 132.1 .145 171.9 4.000 166.7 .070 301.7 .083 81.7ftp n to m Hap . 286 144. 4 .650 155.6 .050 98.0 18.000 132.1 .133 157. 6 4.000 166.7 .068 293.1 .086 84.7Dcpi/vlIU/Dl----/Tot.nHAr ’ 260 144! 4 .650 155.6 .049 94.6 18.000 132.1 .121 143.7 4.000 166.7 .066 282.8 .088 86.6November__ ' 260 144.4 .650 155.6 .049 94.1 18.000 132.1 .110 130.3 4.000 166.7 .061 264.2 .088 86.6D e c e m b er * 260 144. 4 .650 155.6 .048 91.2 18.000 132.1 .109 129.3 4. 000 168. 7 .063 271.5 .091 89.6

1924 .240 133.1 .620 148.5 .047 91.0 15. 789 115. 9 .097 114.8 3.267 136.1 .053 229.7 .093 92.4J a n u a r y .250 144.4 .650 155.6 .047 89.3 17.000 124. 8 ______ .108 127.4 4.000 166.7 .063 272.0 .093 91.6F e b r u a r y ____ . 260 144. 4 .650 155.6 .047 89.8 17. 000 124.8 .110 130.3 4. 000 166.7 .083 269.4 .093 91.6M arch " 250 144. 4 .650 155. 6 .049 93 7 17. 000 124. 8 .110 130.3 3. 875 161.5 .062 267.2 .091 89.6A pril . 253 140. 3 .650 155. 6 . 049 94.1 16. 250 119. 3 .109 129.0 3. 375 140. 6 .056 242.7 .089 87.91\fla y . 234 130. 0 .650 155. 6 .048 91.9 16. 000 117.4 .100 117.9 3. 000 125.0 .051 219.8 .088 86.6Tune . 230 127. 8 .650 155. 6 .047 90.2 16. 000 117. 4 ! .093 309.6 3.000 125. 0 .050 215.5 .088 86.6J u ly .230 127.8 .650 155. 6 .047 90.4 15. 250 111.9 .089 105.9 ' 3.000 125.0 .050 215.5 .089 87.9A u g u s t— ____ .230 127.8 .630 150.9 .047 90.2 15. 000 110. 1 .088 103. 6 3. 000 125.0 .049 209.0 .095 94.1S e p te m b e r ___ .230 127.8 .600 143.7 .048 91.2 15. 000 110. 1 _____ i .088 103. 6 1 3.000 125.0 .045 194.0 .094 93. 5O ctob er .230 127.8 .600 143.7 .047 90.2 15. OOO 110.1 ___________ '; . 090 103.7 3. 000 125.0 .045 194.0 .096 95.3N o v e m b e r . 230 127. 8 .580 134. 0 .047 90. 2 15. 000 110. 1 1 . 090 108.7 i 3.000 125.0 .051 219.8 .103 101.5D e c e m b e r ____ ! 230 127! 8 .500 119.8 .048 91.2 15.000 110.1

.....1.090 108. 7 11 3.000 125.0 .055 237.1 .103 101.5

AVERAGE WHOLESALE PRICES OF COMMODITIES 183

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T able 9 .—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924—Continued

Chemicals and drugs

(a) Chemicals

Year or monthPotash: Carbonate, 80-85 per cent, calcined Potash: Caustic, 88-92 per cent Salt cake, ground Soda ash, light, 58 per cent

Soda

Bicarbonate of, American Carbonate of (sal soda)

Average price per poundRela­tiveprice

(War In­dustries Board data.) Average price per pound

(Data from trade journals.) Average price per pound

Rela­tivepriceAverage price per ton

Rela­tivepriceAverage price per 100 pounds

Rela­tivepriceAverage price per pound

Rela­tivepriceAverage price per 100 pounds

Rela­tiveprice

1890............................................. . . $0,028 275.01891___________ __________ . . _ .032 317.01892______ _______________ . .022 218.01893_______ ____________ __________ .029 285.01894................. ................. .......................... .027 268.01895_________ ___________ .018 177.01896___________________ ___________ .015 152.01897_______________________________ .015 150.01898..................... ........................................ .013 129.01899............................................. ...... .012 117.01900........ ............... .......... .............................. .012 123.01901_______________________________ .011 107.01902_____ ______ ___________________ .011 108.01903___________________________ ____ .013 129.01904_______________________________ .013 130.01905_______________________________ .013 130.01906...... ............................. ......................... . .013 130.01907......................................................... _ ______ 1__________ .013 130.01908______ __________ ____ _ i .011 110.01909................................................................ 1 .010 100.0

184 WHOLESALE PRICES, 1890 TO 1924

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19101911191219131914 $0.036 100. 0. 072 202.01915.1916.1917.1918.

182696447388509.0 1949.0 1252.4 1087. 7

1919.1920.1921.1922..191.192.063.055

536.1537.3177.6153.81923________January..February.March__April___May____June____

.062.058.058.061.066.066.065

172.8162.7162.7 169.5185.7185.7 182.1July_____August___September. October. __ November. December.

.065.065.063.059.060.055

182.1182.1176.5164.7168.1154.11924________January..Febrtfary.March__April___May____June____

.055

.054.058.058.058

153.2147.1147.1 149.9161.1 161.1 161.1July_____August___September. October. __ November. December .

056053053053053060

155.7147.1147.1147.1147.1168.1

$0.035.076.299.823.858.758

100.0 Ml. 000 100.0 $0. 583 100.0213.3 11.000 100.0 .575 98.6844.1 11.000 100.0 .694 118.92323. 5 12. 242 111.3 3.052 523.22424.6 20.650 187.7 3.058 524.3$0. 764 2141.0 32.292 293.6 2. 674 458.4

.398 1115.5 17.133 155.8 2. 011 344.7.271 757.9 34. 729 315.7 3. 300 565.8.067 186.3 19.925 181.1 2.372 406.6.059 164.9 20.250 184.1 1.964 336.8

.074 206.0 24.617 223.8 2.015 345.5.067 186.3 25.000 227.3 1.950 334.3.073 205.5 25.000 227.3 1.950 334.3.081 226.9 25.000 227.3 1.950 334.3.083 231.2 25.000 227.3 1.950 334.3.078 218.7 25.000 227.3 1.950 334.3.076 212.0 25.000 227.3 1.950 334.3

.073 205.5 25.000 227.3 1.950 334.3.074 206.6 25. 000 227.3 1. 950 334.3.072 201.7 24.600 223.6 1.950 334.3.071 197.0 24.000 218.2 2.035 348.9.071 197.0 24.000 218.2 2.290 392.6.066 183.5 22.800 207.3 2. 290 392.6

.068 190.5 19. 394 176.3 2.290 392.6.064 179.8 22.000 200.0 2.290 392.6.066 184.1 22.000 200.0 2. 290 392.6.069 192.7 23.000 209.1 2.290 392.6.068 188.4 23.000 209.1 2.290 392.6.068 188.4 19.900 180.9 2.290 392.6.067 188.4 17. 250 156.8 2. 290 392.6

.065 182.0 17. 000 154.5 2.290 392.6.066 184.1 17.000 154.5 2.290 392.6.068 190.5 17. 500 159.1 2.290 392.6.072 201.3 18.000 163.6 2.290 392.6.074 207.7 18. 000 163.6 2.290 392.6.073 203.4 18.000 163.6 2.290 392.6

.010

.010

.010

.010

.010

.010.016.021.030

100.0100.0100.0100.0100.0

103.0158.0213.0297.0

$0. 600.600.600 1.046 1.117 1. 371

100.0100.0

100.0174.3 186.1 228.5.025.025.022.018.019.018.018.020.020.020.020

.020.020.019.018.018.018

.018.018.018.018.018.018.018

.018.018.018.018.018.018

253.0254.0215.0182.0189.0175.0175.0200.0 200.0 200.0 200.0200.0200.0190.0175.0175.0175.0175.0175.0175.0175.0175.0175.0175.0175.0175.0175.0175.0175.0175.0

1.4371.7371.7601.2331.124 1.100 1.100 1.100 1.100 1.100 1.1401.1501.1501.1501.1501.150 1.100

1.100 1.100 1.100 1.100 1.100 1.100 1.1001.100 1.100 1.100 1.100 1.100 1.100

239.4289.4293.4 205. 5187.3183.3183.3183.3183.3183.3 190.0191.7191.7191.7191.7191.7183.3183.3183.3183.3183.3183.3183.3183.3183.3183.3183.3183.3183.3183.3

AVERAGE WHOLESALE PRICES OF COMMODITIES 185

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1890.1891.1892.1893.18941895.1896.1897.1898.1899.1900.1901.1902.1903.1904.1905.1906.1907.1908.1909.

T able 9 —AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924—Continued

Chemicals and drugs

(a) Chemicals (6) Fertilizer materials

Soda

Caustic, 76 and 78 per cent solid Silicate of, 40°

Aver­agepriceperpound

Rela­tiveprice

(War Industries Board data.) Average price per 100 pounds

(Data from trade journals.) Average price per 100 pounds

Sulphur (brim­stone): Stick, crude

NewRela­tivepriceAverage price per long ton

Rela­tiveprice

$21.146 28.604 24.146 18.729 16.583

96.1 130.0 109.885.1 75.4

York, average price per pound

$0,046.048.046.054.04815.625 17.95820.125 22.91721.125

71.0 81.6 91.5104.296.0

04303403303604521.146 22.000 23. 438 22.333 21.775

96.1100.0106.5101.5 99.0

04905206305104621. 267 22.156 21.498 21.792 22.000

96.7 100.797.7 99.1100.0

045053062055059

Tallow

Packers' prime, Chicago, average price per pound

Toluene,pure Zinc chloride, granular Acid phosphate, 16 per cent basis

Rela­tiveprice

73.276.973.786.676.4

Average price per gallonRela­tiveprice

Average price per poundRela­tiveprice

(War In­dustries Board data.) Average price per ton

(Data from trade journals.) Average prict) per ton

Rela­tiveprice

69.154.6 52.956.772.177.282.5 100.281.273.171.584.2 98.9 87.794.6

186 WHOLESALE PRICES, 1890 TO 1924

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43831°—25t—Bull. 390-----13

1910........ .......... .1911................. .1912___________1913................... $0.015 100.01914___________ .014 97.91915___________ .031 214.41916______ ____ .048 331.51917______ ____ .064 436.31918___________ .045 305.51919___________ .031 211.61920___________ .053 361.61921___________ .038 261.61922.................. .036 247.91923___________ .034 235.6January____ .036 246.6February___ .035 241.8March_____ .035 239.7April_____ .035 239.7May_______ .033 223.3June_______ .033 223.3

July_______ .033 223.3August------- .033 223.3September. __ .033 223.3October____ .034 232.2November... .038 257.5December.. . .038 257.51924___________ .038 257.5January____ .038 257.5February___ .038 257.5March___ _ .038 257. 5April______May---------- .038 257.5.038 257.5June_______ .038 257.5

July_______ .038 257.5August......... .038 257.5September. __ .038 257.5October____ .038 257.5November. __ .038 257.5December.. . .038 257.5

22.00022.00022.000$0. 650 100.0 22.000.658 101.3 22.000.850 130. 8 22.0001.071 164.7 31. 3331.729 266.0 43. 3332.271 $2,220 349.4 32.290

1.851 291.4 28.0001.226 192.9 23.8461.091 171.6 15.906.808 127.2 14.077.795 125.1 14.000.775 121.9 14.000.775 121.9 14.000.785 123.7 14.000.800 125.8 14.000.800 125.8 14.000.800 125.8 14.000.800 125.8 14.000.800 125.8 14.000.800 125.8 14.000.800 125.8 14.000.800 125.8 14.000.800 125.8 14.000.800 125.8 14.096.800 125.8 14.000.800 125.8 14.000.800 125.8 14.000.800 125.8 14.000.800 125.8 14.000.800 125.8 14.000.800 125.8 14.000.800 125.8 14.000.800 125.8 14.000.800 125.8 14.000.800 125.8 14.800.800 125.8 14.250

100.0100.0100.0100.0100.0100.0142.4197.0146.8127.3108.472.364.063.663.663.663.663.663.663.663.663.663.663.663.663.664.163.663.663.663.663.663.663.663.663.663.667.3 64.8

i 116.1I 103.398.9$0. 071 100.0 $6. 288 100.0 $0,045 100.0 $7. 667 100.0.069 97.2 .325 113.0 .045 100.0 7.200 93.9.069 98.0 2.671 929.0 .063 138.9 8.200 107.0.099 139.9 3. 333 1159.4 .127 281.6 11.842 154.5.156 220.5 1.500 521.7 .145 321.3 14.000 182.6.179 253.6 1. 396 485.5 .138 307.3 17. 750 $17. 808 231.5.154 217.1 .262 91.2 .115 256.2 17.159 223.2.131 185.4 .309 107.5 .132 292.4 19.683 255.8.064 89.8 .277 96.5 .084 187.1 12.906 167.8.071 100.0 .300 104.3 .057 126.0 8.889 115.5.082 116.4 .296 102.8 .064 141.8 8.786 114.1.090 127.3 .300 104.3 .065 144.4 9. 750 126.9.091 128.6 .300 104.3 .066 147.3 9. 750 126.9.095 134.4 .300 104.3 .068 150.0 9. 750 126.9.091 129.3 .300 104.3 .061 136.2 9. 750 126.9.083 117.0 .325 113.0 .065 144.4 8.875 115.4.073 102.5 .330 114.8 .065 144.4 8.350 108.6.069 97.3 .300 104.3 .064 141.8 8.250 107.2.070 99.4 .300 104.3 .060 133.3 8.250 107.2.081 114.0 .300 104.3 .060 133.3 8.250 107.2.084 118.5 .270 93.9 .061 136.2 8.250 107.2.084 119.0 .260. 90.4 .065 144.4 8.250 107.2.080 113.2 .260 90.4 .065 144.4 8.125 105.6.085 120.1 .305 106.2 .062 138.4 8.063 104.9.085 120.6 .260 90.4 .b65 144.4 8.125 105.6.081 114.0 .298 103.5 .065 144.4 7.844 101.9.081 114.0 .310 107.8 .065 144.4 7.750 100.7.076 107.9 .310 107.8 .065 144.4 7. 750 100.7.073 103.4 .310 107.8 .065 144.4 7. 750 100.7.069 97.7 .310 107.8 .063 138.9 7. 750 100.7.078 110.0 .310 107.8 .060 133.3 7.469 97.0.089 125.6 .310 107.8 .060 133.3 8.250 107.2.090 127.0 .310 107.8 .060 133.3 8.250 107.2.096 136.2 .310 107.8 .060 133.3 8.313 108.1.098 138.8 .310 107.8 .060 133.3 8.500 110.4.101 143.4 .310 107.8 .060 133.3 9.000 116.9

00

AVERAGE WHOLESALE PRICES OF COMMODITIES

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T a ble 9 .—AV ERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924—Continued

Chemicals and drugs

Year or month

(6) Fertilizer materials (c) Drugs and pharma­ceuticals

Ammonia: Sulphate, double bags Bones: Ground, steamed Muriate of potash, 80 to 85 per centPhosphate rock, Florida land pebble, 68 per cent

Soda, nitrate of (Chile salt­peter), 95 per centTankage: Crushed slaugh­ter-house, 9 and 20 per cent

Acid: Citric, domestic, crystals

(War Indus­tries Board data.) Average price per 100 pounds

(Data from trade journals.) Average price per 100 pounds

Rela­tiveprice

(War Indus­tries Board data.) Average price per ton

(Data from trade journals.) Average price per ton

Rela­tiveprice

(War Indus­tries Board data.) Average price per ton

(Data from trade journals.) Average price per ton

Rela­tivepriceAver­agepriceperton

Rela­tivepriceAver­age price per 100 pounds

Rela­tivepriceAverage price per ton

Rela­tiveprice

(War Indus­tries Board data.) Average, price per pound

(Data from trade journals.) Average price per pound

Rela­tiveprice

1890........... ........1891__________1892__________1893_____ ____1894__________1895......... ..........1896_________1897........... ........1898___ ______1899........... ........1900__________1901__________19021903......... ..........19041905___ ,19061907........... ._1908....................1909 _1910............. .

188 WHOLESALE PRICES, 1890 TO 1924

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1911............. .1912_____ ____1913.................... S3.141 100.0 $20. 000 100.0 $38. 342 100.0 $3. 408 100.0 $2. 469 100. 0 $23. 359 100.0 $0.447 100.01914............ . 2.685 85.5 20.000 100.0 39. 237 102.3 3. 000 88.0 2.110 85. 5 26. 274 112. 5 . 593 132. 61915.............— - 3. 252 103.5 20.000 100.0 197.643 515.5 2. 896 85.0 2. 404 97. 4 21.442 91.8 . 597 133. 51916.... ........ . .... 3. 779 120.3 20.000 100.0 388.333 1012.8 2. 750 80.7 3.164 128.2 25.062 107! 3 . 699 156. 31917.................. 5. 871 186.9 24. 750 123.8 383. 750 1000.9 2. 659 78.0 4. 029 163. 2 42! 425 18l! 6 . 745 166. 51918................... 6.708 $6. 677 213.6 31.167 $31. 346 155.8 302. 500 $300. 000 789.0 4.226 124.0 4. 697 190.3 57! 500 246! 2 ! 885 $0. 861 197! 91919.............. - 4. 875 155.9 30. 654 152.4 157. 773 415. 0 5.000 146. 7 3. 551 143. 9 54.408 232.9 1.053 242. 01920................... 6.165 197.2 34.423 171.1 115. 846 304.6 9.126 267.8 3. 507 142.0 64! 689 276.' 9 ! 733 179.91921.................. 2.654 84.8 22.981 114.2 49. 494 130.2 5.582 163.8 2. 470 100. 0 24. 738 105. 9 ! 473 108. 61922................... 3.375 108.1 24.654 122.6 33. 519 88.1 3.067 90.0 2. 535 102. 7 37.109 158. 9 ! 466 107! 11923.................. . 3.528 112.8 22. 846 113.6 33. 236 87.4 3. 072 90.1 2. 510 101. 7 35.931 153. 8 . 490 112. 6January___ 3.500 111.9 24. 750 123.1 35. 550 93.1 2. 500 73.4 2. 600 105. 3 47! 000 20l! 2 ; 500 115. 0February.. 3.725 119.2 25.000 124.3 35. 550 93.1 2.875 84. 4 2. 588 104. 8 45! 875 196! 4 ; 490 112. 6March____ 4.000 127.9 24.600 122.3 35. 550 93.1 3. 000 88.0 2. 635 106. 7 44. 750 191. 6 ; 490 112. 6April_____ 4.038 129.2 23.000 114.4 35. 550 93.1 3. 000 88.0 2. 650 107. 3 32. 375 138. 6 ; 490 112. 6M ay_____ 3.750 120.0 23.000 114.4 34. 800 91. 5 3. 000 88. 0 2. 581 104. 6 29.000 124.1 ; 490 112. 6June_____ 3.575 114.3 23.000 114.4 34. 550 90.7 3. 000 88. 0 2. 445 99. 0 31.196 133. 6 ; 490 112. 6

July______ 3.500 111.9 23.000 114.4 31. 959 84.4 3.188 93. 5 2. 450 99. 2 31. 250 133. 8 . 490 112. 6August___ 3.430 109.8 22. 750 113.1 31. 095 82.1 3.250 95.4 2. 418 97! 9 3l! 025 132. 8 ; 490 112! 6September. 3.400 108.7 22.000 109.4 31. 095 82.1 3. 250 95. 4 2.420 98. 0 33! 320 142! 6 ; 490 112! 6October___ 3.400 108.7 21.000 104.4 31. 095 82.1 3. 250 95. 4 2.444 99. 0 39. 406 168! 7 [490 112. 6November. 3.113 99.5 21.000 104.4 31. 095 82.1 3. 250 95. 4 2.413 97. 7 36! 706 157.1 ; 490 112! 6December. _ 2.888 92.3 21.200 105.3 31. 095 82.1 3. 250 95. 4 2. 492 100. 9 30. 305 129. 7 ; 484 111. 21924__________ 2.753 88.0 20.462 101.7 32.159 84.4 2. 304 67. 6 2. 490 100. 9 28. 563 122. 3 . 470 108.1January---- 2.840 90.8 22.000 109.4 31. 095 82.1 3. 250 95. 4 2. 471 lOo! 1 26! 469 113! 3 ; 480 lio! 2February. 2.850 91.2 22.000 109.4 31. 095 82.1 2. 500 73.4 2. 470 100. 0 25! 625 109! 7 ! 480 lio! 2March____ 2.850 91.2 21.600 107.3 31. 095 82.1 2. 250 66.0 2.468 100. 0 25. 805 110. 5 ! 480 lio! 2April_____ 2.700 86.3 20.000 99.4 31. 095 82.1 2. 250 66. 0 2. 583 104. 6 23! 713 101. 5 ! 480 110. 2M ay_____ 2.600 83.1 20.000 99.4 31. 095 82.1 2. 250 66.0 2. 600 105! 3 2l! 980 94! 1 ! 480 110. 2June_____ 2.600 83.1 20.000 99.4 31.100 82.1 2. 250 66. 0 2. 600 105. 3 23.150 99.1 ! 478 109. 8

July______ 2.600 83.1 20.000 99.4 31.100 82.1 2. 250 66.0 2. 474 100. 2 27. 313 116. 9 . 460 105. 7August___ 2.638 84.4 20.000 99.4 31.100 82.1 2.190 64. 3 2. 498 lOl! 2 35. 525 152.1 ! 460 105. 7September. 2. 650 84.8 20.000 99.4 33. 688 88.4 2.150 63.1 2.438 98! 7 33! 500 143. 4 ! 460 105. 7October___ 2. 750 88.0 20.000 99.4 34. 550 90. 7 2.150 63.1 2. 398 97.1 32. 938 141. 0 . 460 105. 7November. 2.925 93.6 20.000 99.4 34. 550 90.7 2.150 63.1 2. 415 97! 8 33. 500 143. 4 ! 46O 105 7December.. 3.000 95.9 20.000 99.4 34. 550 90.7 2.100 61.6 2.465 99! 8 32! 600 139! 6 ! 460 105! 7

AVERAGE WHOLESALE PRICES OE COMMODITIES 189

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Table 9.—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924—Continued

Chemicals and drugs

(c) Drugs and pharmaceuticals

Year and monthAcid: Tartaric, crystals, U. S. P. Alcohol:Grain Camphor: Japanese, refined Castor oil: Medicinal Cream of tartar Epsom salts: U. S. P. Ether

(War In­dustries Board data.) Average price per pound

(Data from trade journals.) Average price per pound

Rela­tivepriceAverage price per gallon

Rela­tivepriceAverage price per pound

Rela­tivepriceAverage price per pound

Rela­tiveprice

(War In ­dustries Board data.) Average price per pound

(Data from trade journals.) Average price per pound

Rela­tivepriceAverage price per 100 pounds

Rela­tiveprice

Washed drums, average price per pound

Rela­tiveprice

1890 $2.072 82.91891 2. 215 88.71892 2.142 85.7 .1 _1893 2.181 87.31894 2.152 86.11895 . 2. 329 93.21896 2.301 92.11897 2.277 91.11898 2. 325 93.0 1 i1899 2.412 96.5 .........1...........1900 2. 387 95.5 . . . . . . . . . j . . . . . . .1901 2.458 98.4 i1902 2.406 96.31903 2.396 95.91904 2.433 97.31905 2.428 97.11900 2.464 98.619/17 2.523 100.91908 2.637 105.51909 2. 618 104.71910 2.553 102.1 •1911 2.535 101.4 j1912 2.569 102.81913 $0.306 166.6 2.499 100.0 $6.428 100.0 $0.095 100.0 $0.240 100.0 $1.100 166.6 $0.180 100.01914.-............ ........... . .329 107.4 2.553 102.1 .504 117.9 .086 90.7 1 .273 113.9 1. 550 140.9 .180 100.0

190 WHOLESALE PRICES, 1890 TO 1924

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1915.. .1916—1917—1918—1919.. .1920.. .1921.. . 1922—

437629757822

Jan u ary ...February..M arch___April........M ay......... .June...........Ju ly .......... .August___September.October....November.December.

1924..................January ...February..M arch___April........M ay......... .June...........Ju ly .......... .August___September.October....November.December.

142.7 2.562 102.5 .417 97.4205.8 2.663 106.6 .574 134.1247.6 3.775 151.0 .814 190.3$0,819 268.7 4.959 198.4 1.455 340.1.823 270.0 4.857 194.3 2.943 687.8.712 233.5 5.289 211.6 1.793 419.1.373 122.5 4.773 191.0 .738 172.5.307 100.8 4.707 188.3 .869 203.0.344 112.9 4.745 189.8 .876 204.8.320 105.1 4.740 189.7 .874 204.3.320 105.1 4.740 189.7 .898 209.7.326 106.9 4.740 189.7 .905 211.5.355 116.3 4.740 189.7 .890 208.0.373 122.2 4.740 189.7 .874 204.3.373 122.2 4.740 189.7 .880 205.7.373 122.2 4.740 189.7 .873 203.9.363 119.0 4.740 189.7 .862 201.4.360 118.0 4.740 189.7 .883 206.2.345 113.1 4.740 189.7 .864 201.9.325 106.7 4.750 190.1 .860 201.0.304 99.7 4.780 191.3 .861 201.3.296 97.0 4.801 192.1 .725 169.4.300 98.3 4.780 191.3 .830 194.0.300 98.3 4.780 191.3 .790 184.6.300 98.3 4.780 191.3 .775 181.1.300 98.3 4.780 191.3 .756 176.7.300 98.3 4.780 191.3 .730 170.6.300 98.3 4.780 191.3 .723 168.8.300 98.3 4.780 191.3 .712 166.4.292 95.7 4.780 191.3 .688 160.7.290 95.1 4.780 191.3 .673 157.2.290 95.1 4.830 193.3 .678 158.4.290 95.1 4.880 195.3 .670 156.6.290 95.1 4.880 195.3 .668 156.1

099 104.6 .324 135.1 3.217 292.4 .180 100.0169 178.5 .407 169.5 2.758 250.8 .180 100.0224 236.5 .476 198.5 3.604 327.7 .254 141.2291 306.8 .640 $0,635 266.7 3.500 318.2 .328 181.9226 238.6 .580 243.5 2.802 254.7 .272 151.1180 190.0 .549 230.4 3.354 304.9 .356 197.6107 112.7 .337 141.6 2.542 231.1 .339 188.1122 128.6 .267 112.0 2.557 232.4 .310 172.2139 146.9 .262 109.9 2.567 233.4 .310 172.2128 134.5 .265 111.2 2.750 250.0 .310 172.2134 141.1 .265 111.2 2.750 250.0 .310 172.2141 148.7 .265 111.2 2.750 250.0 .310 172.2145 153.0 .265 111.2 2.750 250.0 .310 172.2145 153.0 .265 111.2 2.600 236.4 .310 172.2145 153.0 .265 111.2 2.250 204.5 .310 172.2144 151.7 .265 111.2 2.438 221.6 .310 172.2135 142.4 .264 110.7 2.500 227.3 .310 172.2135 142.4 .260 109.1 2.500 227.3 .310 172.2135 142.4 .255 106.9 2.500 227.3 .310 172.2139 146.4 .255 106.9 2.500 227.3 .310 ! 172.2145 153.0 *.255 106.9 2.500 227.3 .310 172.2161 169.3 .218 91.5 2.500 227.3 .315 174.9150 158.2 .251 105.3 2.500 227.3 .310 172.2153 160.9 .228 95.5 2.500 227.3 .310 172.2156 164.6 .225 94.1 2.500 227.3 .310 172.2156 164.9 .218 91.2 2.500 227.3 .310 172.2158 166.7 .213 89.3 2.500 227.3 .310 172.2155 163.5 .213 89.3 2.500 227.3 .310 172.2159 167.5 .213 89.3 2.500 227.3 .310 172.2165 174.1 .213 89.3 2.500 227.3 .310 172.2165 174.1 .213 89.3 2.500 227.3 .310 172.2168 176.7 .213 89.3 2.500 227.3 .310 172.2170 179.3 .210 88.3 2.500 227.3 .320 177.8170 179.3 .213 89.3 2.500 227.3 .360 200.0

CD'

AVERAGE WHOLESALE PRICES OF COMMODITIES

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T a ble 9 .—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924—Continued CDt o

Tear and month

Chemicals and drugs

(c) Drugs and pharmaceuticals

Glycerin:Refined

Average price per poundRela­tiveprice

Iodine:Resublimed

Average price per poundRela­tiveprice

Menthol: Imported, cases

Average price per poundRela­tiveprice

Opium: Natural, incases Peroxide of hydrogen Phenol: TJ. S. P. (carbolic acid) Quinine:Manufacturers'quotations

Average price per poundRela­tiveprice

Average price per gross of 4-ounce bottles

Rela­tiveprice

(War In­dustries Board data.) Average price per pound

(Data from trade journals.) Average price per pound

Rela­tivepriceAverage price per ounce

Rela­tiveprice

$2,6211.944 43.6 $0,328 149.132.3 .251 114.21.671 27.8 .218 99.42.392 39.8 .215 97.92.285 38.0 .262 119.41.841 30.6 .251. 114.22.092 34.8 .241 109.62.342 38.9 .183 83.33.342 55.5 .215 97.73.073 51.1 .298 . 135.53.200 53.2 .333 151.43.229' 53.7 .303 137.72.831 47.1 .258 117.33.081 51.2 .253 115.02.750 45.7 .233 106.23.033 50.4 .210 95.6*2.950 49.0 .166“ 75.54.946 82.2 .178 80.84.715 78.4 .157 71.44.610 76.6 .141 64.15.371 89.3 .140 63.86.433 106.9 .140 63.87.117 118.3 .177 80.56.017 100.0 $4,000 100.0 $0,118 100.0 .220 100.07.355 122.2 4.778 119.4 .203 180.7 .273 124.1

1890.1891.1892.1893.1894.1895.1896.1897.1898.1899.1900.1901.1902.1903.1904.1905.1906.1907.1908.1909.1910.1911.1912.1913.1914.

$0,177.154.140.135.119.120.167.131.124.133.152.150.144.145.140.124.113.138.149.170.214.227.184.197.215

89.778.070.868.3 60.661.184.866.462.867.476.976.373.373.470.862.8 57.370.2 75.786.3

108.7115.193.5 100.0 109.0 $3,2183.619 100.0112.5 $6,7083.058 100.045.6

WHOLESALE PRICES, 1890 TO 1924

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1915 ..............1916 ..............1917 ..............1918 ..............1919 ..............1920 ..............1921 ..............1922 ..............1923 ..............January.— February „March.......April.........May...........June...........

July...........August___September. October. __ November. December.1924 ..............January...February..March___April____May..........June...........

July...........August___September.October...November.December.

.296 150.2 3.958 123.0 2.788 41.6.508 257.7 4.250 132.1 3.129 46.6.611 310.1 3.688 114.6 3.164 47.2.598 303.4 4.250 132.1 4.013 59.8

.197 100.1 4.336 134.7 7.764 157.3.255 129.6 4.231 131.5 8.833 131.7.163 82.6 3.658 113.7 4.312 64.3.166 84.2 4.196 13&4 6.564 97.9

.172 87.5 4.543 141.2 10.547 157.2.185 93.9 4.500 139.8 8.900 132.7.185 93.9 4.513 140.2 8.063 120.2.185 93.9 4.550 141.4 8.250 123.0.180 91.3 4.550 141.4 7.863 117.2.173 87.5 4.550 141.4 7.750 115.5.165 83.7 4.550 141.4 9.000 134.2

.160 81.2 4.550 141.4 9.775 145.7.168 85.0 4.550 141.4 9.575 142.7.170 86.3 4.550 141.4 15.900 237.0.170 86.3 4.550 141.4 15.375 229.2.166 84.4 4.550 141.4 14.438 215.2.164 83.2 4.550 141.4 11.150 166.2

.176 89.3 4.506 140.0 12.657 188.7.165 83.7 4.550 141.4 11.938 178.0.165 83.7 4.438 137.9 12.563 187.3.165 83.7 4.400 136.7 12.030 179.3.170 86.3 4.400 136.7 13.938 207.8.168 85.2 4.400 136.7 12.750 190.1.165 83.7 4.400 136.7 11.625 173.3

.170 86.3 4.400 136.7 10.813 161.2.184 93.4 4.500 139.8 12.500 186.3.190 96.4 4.650 144.5 13.375 199.4.190 96.4 4.650 144.5 13.000 193.8.190 96.4 4.650 144.5 14.050 209.4.190 96.4 4.650 144.5 13.125 195.7

8.092 134.5 6.229 155.7 1.271 1129.6 .328 149.511.338 188.4 6.996 174.9 .810 720.0 .683 311.225.583 425.2 6.833 170.8 .450 400.0 .717 326.424.413 405.8 7.479 187.0 .481 $0,470 427.4 .842 383.611.264 187.2 7.250 181.3 .112 101.7 .829 377.47.219 120.0 8.417 210.4 .116 105.6 .865 394.15.925 98.5 8.771 219.3 .098 89.3 .694 316.26.120 101.7 7.510 187.7 .176 160.3 .542 246.97.490 124.5 7.952 198.8 .370 336.4 .500 227.76.750 112.2 7.500 187.5 .313 284.2 .500 227.76.750 112.2 8.000 200.0 .315 286.8 .500 227.76.750 112.2 8.000 200.0 .480 436.8 .500 227.76.750 112.2 8.000 200.0 .555 505.2 .500 227.76.938 115.3 8.000 200.0 .540 491.5 .500 227.77.800 129.6 8.000 200.0 .498 453.0 .500 227.78.000 133.0 8.000 200.0 .340 309.4 .500 227.78.000 133.0 8.000 200.0 .298 271.0 .500 227.78.000 133.0 8.000 200.0 .280 254.7 .500 227.78.000 133.0 8.000 200.0 .265 241.1 .500 227.78.000 133.0 8.000 200.0 .255 232.1 .500 227.78.000 133.0 8.000 200.0 .284 258.6 .500 227.7

10.019 166.5 8.000 200.0 .280 254.3 .500 227.78.000 133.0 8.000 200.0 .365 332.1 .500 227.78.500 141.3 8.000 200.0 .370 336.8 .500 227.79.000 149.6 8.000 200.0 .346 315.0 .500 227.79.000 149.6 8.000 200.0 .280 254.7 .500 227.79.000 149.6 8.000 200.0 .271 246.6 .500 227.79.000 149.6 8.000 200.0 .274 249.2 .500 227.79.000 149.6 8.000 200.0 .255 232.1 .500 227.710.600 176.2 8.000 200.0 .244 222.2 .500 227.712.000 199.4 8.000 200.0 .240 218.4 .500 227.712.000 199.4 8.000 200.0 .240 218.4 .500 227.712.000 199.4 8.000 200.0 .240 218.4 .500 227.712.000 199.4 8.000 200.0 .235 213.7 .500 227.7

AVERAGE WHOLESALE PRICES OP COMMODITIES 193

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1891.1892.1893.1894.1895.1896.1897.1898.1899.1900.1901.1902.1903.1904.1905.190619071908.1909.

T a ble 9 .—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924—Continued

House-ftrinishing goods

(a) Furniture

Bedroom

Bed:Combination Chair: All gum, cane seat Chifforette:Combination Dresser:Combination

Aver-pnceperbed

Rela­tivepriceAver­agepricepercnair

Rela­tivepriceAver­age price per chif- forette

Aver-Rela-tivepriceagepriceperdresser

Rela­tivepriceMaple, cane seat, New York, aver­age price per dozen

$7,000

6.0005.0005.1256.1258.0007.000 7.333 7.9178.000

8.000 8.917 10.000 9.417 9.000

Chairs: Bedroom

Oak rocker, Chicago, average price per dozen

Quartered oak rocker, Chicago,av­erage price per chairRela­tiveprice

66.766.765.265.257.157.157.147.648.858.376.266.769.875.476.276.284.995.289.785.7

Sets: Ash, New York, average price per set

Sets:Iron bed­stead, hardwood dresser and washstand, NewYork, aver­age price per set

Sets:Iron bed­stead, plain oak dresser and washstand, Chicago, average price per set

Sets:Iron bed­stead, quar­tered oak dresser, and plain oak washstand, Chicago, average price per set

$12,00012.00012.00011.00011.0009.950 8. 750 8.750 10.000 10.100

11. 250 11. 25011. 750 12.16712. 25012. 354 12.958 14. 500 $11.250 11.000 i10.875 1! 1

Rela­tiveprice

51.851.851.847.447.442.937.737.743.1 43.648.548.550.652.452.853.355.962.561.160.4

194 WHOLESALE PRICES, 1890 TO 1924

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1910......................1911......................1912......................1013...................... $22.500 100.0 $2.250 100.0 $32,500 100.0 $36,000 100.01914...................... 22.500 100.0 2.250 100.0 32.500 100.0 36.000 100.01915...................... 22.500 100.0 2.250 100.0 32.500 100.0 36.000 100.01916...................... 22.500 100.0 2.250 100.0 32.500 100.0 36.000 100.01917...................... 23.000 102.0 2.750 122.2 32.500 100.0 36.000 100.01918...................... 27.000 120.0 3.250 1444 37.125 114.2 41.625 115.61919...................... 35.208 156.5 4.208 187.0 48.833 150.3 54.833 152.31920...................... 55.583 247.0 7.208 320.4 68.500 210.8 83.583 232.21921...................... 42.146 187.3 5.750 255.6 50.042 154.0 63.000 175.01922......................« 36.292 161.3 5.292 235.2 42.167 129.7 55.063 153.01923...................... 35.667 158.5 5.208 231.5 40.500 124.6 57.500 159.7January........ 37.000 164.4 5.500 2444 42.000 129.2 60.000 166.7February___ 37.000 164.4 5.500 244.4 42.000 129.2 60.000 166.7March........... 37.000 164.4 5.500 2444 42.000 129.2 60.000 166.7April............. 37.000 164.4 5.500 244.4 42.000 129.2 60.000 166.7May.............. 37.000 164.4 5.500 244.4 42.000 129.2 60.000 166.7June.............. 37.000 164.4 5.500 244.4 42.000 129.2 60.000 166.7

July............... 37.000 164.4 5.500 244.4 42.000 129.2 60.000 166.7August......... 35.000 155.6 5.000 222.2 40.000 123.1 56.000 155.6September... 35.000 155.6 5.000 222.2 40.000 123.1 56.000 155.6October........ 35.000 155.6 5.000 222.2 40.000 123.1 56.000 155.6November... 32.000 142.2 4.500 200.0 36.000 110.8 51.000 141.7December. ._ 32.000 142.2 4.500 200.0 36.000 110.8 51.000 141.71924...................... 32.000 142.2 4.500 200.0 36.000 110.8 49.333 137.0January........ 32.000 142.2 4.500 200.0 36.000 110.8 51.000 141.7February___ 32.000 142.2 4500 200.0 36.000 110.8 51.000 141.7March........... 32.000 142.2 4500 200.0 36.000 110.8 49.000 136.1April............. 32.000 142.2 4.500 200.0 36.000 110.8 49.000 136.1May.............. 32.000 142.2 4.500 200.0 36.000 110.8 49.000 136.1June.............. 32.000 142.2 4.500 200.0 36.000 110.8 49.000 136.1

July_______ 32.000 142.2 4.500 200.0 36.000 110.8 49.000 136.1August......... 32.000 142.2 4500 200.0 36.000 110.8 49.000 136.1September... 32.000 142.2 4.500 200.0 36.000 110.8 49.000 136.1October......... 32.000 142.2 4500 200.0 36.000 110.8 49.000 136.1November-.. 32.000 142.2 4500 200.0 36.000 110.8 49.000 136.1December-. . 32.000 142.2 4500 200.0 36.000 110.8 49.000 136.1

9.0009.000 9.60010.500 $10.78010.78010.780 12.413 16.680 19.61822.890 $4,360

6 .6686.0844.4514.8394.6654.6654.6554.9004.9004.9004.9004.9004.9004.9004.9004.9004.7784.9004.9004.9004.9004.9004.9004.6564.6554.6554.6654.6554.655

85.7 11.87585.7 13.75090.5 15.250100.0 18.000 $16.415100.0 15.925100.0 15.925115.1 19,60823.04631.838145.5181.1212.3 39.568 $45,754 68.143 41.344 36.672320.1248.2217.2236.1 40.372227.2 38.759227.2 38.759227.2 39.004239.0 41.454239.0 41.454239.0 41.454239.0 41.454239.0 40.425239.0 40.425239.0 40.425239.0 40.425239.0 40.425233.1 33.316 35.868239.0239.0 35.86835.86835.868239.0239.0239.0 35.868239.0 33.173227.2 31.213227.2 31.213227.2 31.213227.2 31.213227.2 31.213227.2 31.213

66.076.484.7100.097.097.0119.5140.4194.0

241.0358.8217.9 193.3212.6204.1204.1205.3218.3218.3218.3218.3213.0213.0213.0213.0213.0175.4188.9188.9188.9188.9188.9 174.7164.4164.4164.4164.4164.4164.4

AVERAGE WHOLESALE PRICES OP COMMODITIES 195

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1890.1891.1892.1893.1894.1895.1896.1897.1898.1899.1900.1901.1902.1903.1904.1905.1906.1907.1908.1909.

T a ble 9 —AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924-Continued

House-furnishing goods

(a) Furniture

Buffet:Combina­tion

Dining room

Chair:All gum leather slip seat

Living room

Table:Extension,combinationDavenport:Standardpattern

Table:Library, com­bination

Aver­agepriceper.bufifetRela­tiveprice

Aver­age price per 6 chairsRela­tiveprice

Aver­agepricepertableRela­tiveprice

Aver­agepriceperdaven­port

Rela­tivepriceAver­agepricepertable

Rela­tiveprice

Common spindle, New York, average price per dozen

$4,2004.2004.2504.250 3. 5003. 500 3.5003. 500 3.3134. 0425.208 4. 750 4. 9175.000 4. 7714. 750 5.1255. 7926.000 5.583

Chairs

Hard­wood,bow-back,Chicago,averagepriceperdozen

Kitchen

Rela­tiveprice

70.070.070.870.858.358.358.355.267.486.879.2 81.983.379.579.285.496.5 100.093.1

Refrigerator: Lift-top type

Aver­agepriceperrefrig­erator

Rela­tiveprice

3^-foot,NewYork,aver­agepriceperdozen

$15,00015.00015.00015.00014.25014.25013.80013.80013.800 14.45015. 60015.60015.60015.60015.60015.600 16.50018.000 18.000 18.000

Tables

Hard­woodbase,24 by 42 inches, average, price per table

Rela­tiveprice

65.865.865.865.862.562.560.560.560.563.468.468.468.468.468.468.472.478.978.978.9

196 WHOLESALE PRICES, 1890 TO 1924

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1911...........................10121913........................... $43,000 100.0 $15,000 100.0 $18.500 100.0 $34,500 100.0 $20,000 100.01914........................... 42.000 97.7 15.000 100.0 18.500 100.0 34.500 100.0 20.000 100.01915........................... 43.000 100.0 15.000 100.0 18.500 100.0 34.500 100.0 20.000 100.01916........................... 43.333 100.8 15.250 101.7 20.500 110.8 34.500 100.0 21.000 105.01917........................... 47.500 110.5 18.750 125.0 22.000 118.9 41.500 120.3 23.500 117.51918........................... 50.417 117.2 23.875 159.2 24.000 129.7 47.000 136.2 25.917 129.61919........................... 62.125 144.5 32.667 217.8 32.000 173.0 56.500 163.8 31.167 155.81920........................... 86.500 201.2 51.000 340.0 54.750 295.9 • 67.000 194.2 46.667 233.31921........................... 59.500 138.4 36.000 240.0 40.750 220.3 63.063 182.8 39.000 195.01922_____________ 55.688 129.5 31.750 211.7 33.667 182.0 62.000 179.7 34.125 170.61923........................... 55.438 128.9 33.000 220.0 33.667 182.0 63.875 185.1 34.542 172.7January............. 56.750 132.0 33.000 220.0 35.000 189.2 64.500 187.0 35.500 177.5February......... 56.750 132.0 33.000 220.0 35.000 189.2 64.500 187.0 35.500 177.5March............... 56.750 132.0 33.000 220.0 35.000 189.2 64.500 187.0 35.500 177.5April. ............... 56.750 132.0 33.000 220.0 35.000 189.2 64.500 187.0 35.500 177.5M ay.............. 56.750 132.0 33.000 220.0 35.000 189.2 64.500 187.0 35.500 177.5June.................. 56.750 132.0 33.000 220.0 35.000 189.2 64.500 187.0 35.500 177.5

J u ly .. ............... 56.750 132.0 33.000 220.0 35.000 189.2 64.500 187.0 35.500 177.5August............. 56.000 130.2 33.000 220.0 33.000 178.4 63.000 182.6 34.000 170.0September........ 56.000 130.2 33.000 220.0 33.000 178.4 63.000 182.6 34 000 170.0October............. 56.000 130.2 33.000 220.0 33,000 178.4 63.000 182.6 34 000 170.0November____ 50.000 116.3 33.000 290.0 30.000 162.2 63.000 182.6 32.000 160.0December____ 50.000 116.3 33.000 220.0 30.000 162.2 63.000 182.6 32.000 160.01924........................... 48.333 112.4 33.000 220.0 30.000 162.2 63.000 182.6 32.000 160.0January............. 50.000 116.3 33.000 220.0 30.000 162.2 63.000 182.6 32.000 160.0February.......... 50.000 116.3 33.000 220.0 30.000 162.2 63.000 182.6 32.000 160.0March............... 48.000 111.6 33.000 220.0 30.000 162.2 63.000 182.6 32.000 160.0April.................. 48.000 111.6 33.000 220.0 30.000 162.2 63.000 182.6 32.000 160.0May.................. 48.000 111.6 33.000 220.0 30.000 162.2 63.000 182.6 32.000 160.0June................... 48.000 111.6 33.000 220.0 30.000 162.2 63.000 182.6 32.000 160.0

Ju ly .................. 48.000 111.6 33.000 220.0 30.000 162.2 63.000 182.6 32.000 160.0August.............. 48.000 111.6 33.000 220.0 3a ooo 162.2 63.000 182.6 32.000 160.0September........ 48.000 111.6 33.000 220.0 30.000 162.2 63.000 182.6 32.000 160.0October............. 48.000 111.6 33.000 220.0 30.000 162.2 63.000 182.6 32.000 160.0November........ 48.000 111.6 33.000 220.0 30.000 162.2 63.000 182.6 32.000 160.0December......... 48.000 111.6 33.000 220.0 30.000 162.2 63.000 182.6 32.000 160.0

5.5005.7506.0006.000

91.7 20.000 87.795.8 21.000 92.1100.0 22.800 100.0$6.370 100.0 $10,330 100.0 22.800 $1,421 100.06.370 100.0 10.465 101.3 1.421 100.06.370 100.0 10.600 102.6 1.421 100.07.003 109.9 10.900 105.5 1.527 107.58.759 137.5 14.690 142.2 1.887 132.811.662 183.1 17.025 164.8 2.736 192.5

13.704 215.1 17.575 170.1 3.695 260.122.932 360.0 21.180 205.0 5.239 368.716.480 258.7 18.450 178.6 4.202 295.714.749 231.5 16.200 156.8 ......... 3.700 260.317.542 275.4 17.028 164.8 4.488 315.816.464 258.5 16.200 156.8 4.508 317.216.464 258.5 16.200 156.8 4.508 317.216.464 258.5 16.200 156.8 4.508 317.218.228 286.2 16.200 156.8 4.508 317.218.228 286.2 16.200 156.8 4.508 317.218.228 286.2 17.011 164.7 4.508 317.218.228 286.2 17.720 171.5 4.508 317.217.640 276.9 17.720 171.5 4.459 313.817.640 276.9 17.720 171.5 4.459 313.817.640 276.9 17.720 171.5 4.459 313.817.640 276.9 17.720 171.5 4.459 313.817.640 276.9 17.720 171.5 4.459 313.817.640 276.9 17.365 168.1 4.263 300.017.640 276.9 17.720 171.5 4.263 300.017.640 276.9 17.720 171.5 4.263 300.017.640 276.9 17.720 171.5 4.263 300.017.640 276.9 17.720 171.5 4.263 300.017.640 276.9 17.720 171.5 4.263 300.017.640 276.9 17.720 171.5 4.263 300.017.640 276.9 17.010 164.7 4.263 300.017.640 276.9 17.010 164.7 4.263 300.017.640 276.9 17.010 164.7 4.263 300.017.640 276.9 17.010 164.7 4.263 300.017.640 276.9 17.010 164.7 4.263 300.017.640 276.9 17.010 164.7 4.263 300.0

t o

AVERAGE WHOLESALE PRICES OF COMMODITIES

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

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1891.1892.1893.1894.1895.1896.1897.1898.1899.1900.1001.4902.1903.1904.1905.1906.1907.1908.1909.

T a ble 9.—AVERAGE WHOLESALE PRICES OP COMMODITIES, 1890 TO 1924—Continued

H ousetom shing goods

(&)

Blankets Carpets:

Cotton WoolenIngrains:£ &aver­ageprice'peryard’

Axmia-ster:• Lowell,, aver­age price Per yard

Axmhsr stem: Bigg'- tow, % r aver­age price per yard!

! Rel&~ 1 tive ' price'

Brussels:5-frameBigelowWilton:5-frasneBigelow

Carvers: Stag handlesKnives and forks: Coco- bolo handles

11-4,5 pounds to the pair, cotton warp, cotton and wool filling, average price per pound

2pounds to the pair, average price per pair

Rela­tiveprice%

5pounds to the pair, average price per pound

4 to 5 pounds to the pair, average price per pound

Rela­tiveprice

• Aver­ageprice, P«ryard

Rela­tiveprice

Aver­agepriceperyard

Rela­tiveprice

Aver­agepriceperdozen

Rela­tiveprice

Aver­agepriceperdozen

Rela­tiveprice

$0,460 66.4 $0,910 86.7 $0i.5U6 84.. T H..032 79.9 $1.920' 727 $0,800 106.7 $7,750 1346.460 66.4 .890 84.8 . 552 90i 6̂ Ll}28 87.3 2.016 827 .800 106.7 7.750 1348.430 62.1 .900 85.7 J304 82.7 1.032 79.9 1.920; 727 .800 106.7 6.850 119.1.420 60.6 .900 85.7 JJ28'. §6i 6 .984 76.2 1.920 72 7 .950 126.7 5.500 95.7.410 69.1 .850 81.0 ..468‘ ! 76*8* .9861 ; 72 4 1.920: 72 7 .800 106.7 5.500 95; 7.400 57.8 .750 71.4 .420 68,9 . .936. : 72.4 1.680- 628 .800 106.7 5.500 95.7.400 57.8 .750 71.4 .408 66.9 .936; . 72 4 1.680 69.8 .800 106.7 5.500 95.7.420 60.6 .750 71.4 .432 70.9 .960; ! 74.3 1.728 7 1 S .750 100.0 5.000 87 0.420 60.6 .900 85.7 .468 76..S 1.032 i 79.9 1824 75.7 .750 100.0 5.500 95^7.420 60.6 .800 76.2 .456 74.-8. 1..G32 ; 79. 9 1824 75.7 .750 100.0 5.750 1020.525 75.8 .900 *85.7 .492 801.7 1..032 ! 79.9 1872 ' 77.7 .750 100.0 5.750 100.0'.475 68.6 .850 81.0 ! .480 78.8 4.032 , 79.9. 1872 7 7 . 7 .750 100.0 6.500 113.0:.475 68.6 .850 81.0 .484 79.4 1.030. ; 79.7 1884 78.2 .750 100.0 6.500 113.0>.500 72.1 .925 88.1 .514 84.3 1.088 : 842 2008 83.4 .750 100.0 6.500 113.0.525 75.8 .925 88.1 .518 85.1 1.104 85.4 2 040/ 847 .750 100.0 6.667 115;. 2.600 86.6 1.000 95.2 .552 ! 996 1.152 i 89.2 2136 88.7 .750 100.0 6.688 11613.600 86.6 1.025 97.6 .552 . 996 1.189 i 913 2192 910 .750 100.0 6.050 m 2 :.600 $0,524 86.6 1.000 95.2 .576 94.5. 1,248. : 96.6 2280: 947 .800 106.7 6.483 1128..504 83.3 .950 90. 3 .554 90.9 1.209 1 929 2216. 920 .750 100.0 5.417 94.2.500 82,6 1,000 95.2 l .528. 8 6 .6 1.192 923 2216 920 .750 100.0 5.000» ■ 87.0;

Table cutlery

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

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1910.1911.1912.1913.1914.1915.1916.1917.1918.1919.1920.1921.1922.1923..........................January__February ..March___April.........M ay.........June_____

July_____August___September.October....November.December-1924..........................January ... February-.March___April.........M ay.........June..........

Ju ly ..........August___September. October. _. November. December.

t Kfift 90.9 1.054 100.4 .528 86.6 1.200 92.9 2.232 92.7 .750 100.0 • 5.000 i 87.0. 570 94.2 1.000 95.2 .528 86.6 1.206 92.9 2. £32 92.7 .750 100.0 5.000 87.0.567 93.7 1.025 97.6 .580 $ 1,024 95.2 1.240 96.0 2.312 96.0 .750 100.0 5.292 92.0.605 100.0 1.050 100.0 1.076 100.0 1.292 100.0 2.408 100.0 .750 100.0 5.750 100.0.640 105.8 1.017 96.8 1.052 97.8 1.268 98.1 2.332 96.8 .767 102.2 5.813 101.1.538 88.8 1.150 109.5 1.084 100.7 1.296 100.3 2.429 100.9 .750 100.0 5.750 100.0.734 121.4 1.375 131.0 1.372 127.5 1.544 119.5 2.880 119.6 .858 114.4 6.875 119.6

1.234 204.0 2.015 191.9 1.638 152.2 1.838 142.3 3.416 141.9 1.033 137.8 10.083 175.41.894 313.0 2.625 250.0 2.070 192.4 2.621 202.9 4.505 187.1 1.150 153.3 12.333 214.5

1.695 280.1 2.500 $1,822 238.1 2.402 $2.991 223.3 3.407 263.7 5.412 224.7 1.242 165.6 13.308 231.42.035 336.4 1.905 249.1 3.936 293.9 4.272 330.6 6.784 281.7 1.550 206.7 14.737 256.31.278 211.2 1.127 147.4 3.272 244.3 3.552 274.9 5.432 225.6 1.460 193.3 14.000 243.51.268 209.5 1.166 152.4 2.904 216.8 2.768 214.2 4.668 193.9 1.208 161.1 12.083 210.1

1.468 242.6 1.352 176.7 3.276 244.5 2.988 231.3 4.992 207.3 1.477 196.9 14.526 252.61.377 227.5 1.284 167.9 3.168 236.5 2.880 222.9 4.848 201.3 1.300 173.3 13.000 226.11.470 243.0 1.284 167.9 3.168 236.5 2.880 222.9 4.848 201.3 1.300 173.3 13.000 226.11.470 243.0 1.284 167.9 3.168 236.5 2.880 222.9 4.848 201.3 1.355 180.6 13.548 235.61.470 243.0 1.284 167.9 3.312 247.2 3.024 234.1 5.040 209.3 1.400 186.7 14.000 243.51.470 243.0 1.387 181.2 3.312 247.2 3.024 234.1 5.040 209.3 1.400 186.7 14.000 243.51.470 243.0 1.387 181.2 3.312 247.2 3.024 234.1 5.040 209.3 1.400 186.7 14.000 243.5

1.470 243.0 1.387 181.2 3.312 247.2 3.024 234.1 5.040 209.3 1.568 209.0 15.258 265.41.470 243.0 1.387 181.2 3.312 247.2 3.024 234.1 5.040 209.3 1.600 213.3 15.500 269.61. 470 243.0 1.387 181.2 3.312 247.2 3.024 234.1 5.040 209.3 1.600 213.3 15.500 269.61.470 243.0 1.387 181.2 3.312 247.2 3.024 234.1 5.040 209.3 1.600 213.3 15.500 269.61.470 243.0 1.387 181.2 3.312 247.2 3.024 234.1 5.040 209.3 1.600 213.3 15.500 269.61.535 253.6 1.387 181.2 3.312 247.2 3.024 234.1 5.040 209.3 1.600 213.3 15.500 269.6

1.570 259.5 1.313 171.7 3.019 225.3 2.969 229.8 4.988 207.1 1.392 185.6 15.000 260.91.570 259.5 1.313 171.7 3.312 247.2 3.024 234.1 5.040 209.3 1.600 213.3 15.000 260.91.570 259.5 1.313 171.7 3.312 247.2 3.024 234.1 5.040 209.3 1.600 213.3 15.000 260.91.570 259.5 1.313 171.7 3.312 247.2 3.024 234.1 5.040 209.3 1.350 180.0 15.000 260.91.570 259.5 1.313 171.7 3.312 247.2 3.024 234.1 5.040 209.3 1.350 180.0 15.000 260.91.570 259.5 1.313 171.7 2.832 211.5 2.880 222.9 4.800 199.3 1.350 180.0 15.000 260.91.570 259.5 1.313 171.7 2.832 211.5 2.880 222.9 4.800 199.3 1.350 180.0 15.000 260.9

1.570 259.5 1.313 171.7 2.832 211.5 2.880 222.9 4.800 199.3 1.350 180.0 15.000 260.91.570 259.5 1.313 171.7 2.832 211.5 2.880 222.9 4.800 199.3 1.350 180.0 15.000 260.91.570 259.5 1.313 171.7 2.832 211.5 2.880 222.9 4.968 206.3 1.350 180.0 15.000 260.91.570 259.5 1.313 171.7 2.832 211.5 2.880 222.9 5.040 209.3 1.350 180.0 15.000 260.91.570 259.5 1.313 171.7 2.968 221.5 3.084 238.7 5.210 216.4 1.350 180.0 15.000 260.91.570 259.5 1.313 171.7 3.024 225.8 3.168 245.2 5.280 219.3 1.350 1180.0| 15.000 260.9

M CO CO .

AVERAGE WHOLESALE PRICES OF COMMODITIES

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

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T a ble ©.—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924-ContinuedHouse-furnishing goods

(6) Furnishings

PailsYear or month

Wooden,price per dozen

1890.1891.1892.$1.592 1.450 1.3501893.1894. 1.313 1.258

1895.1896.1897.1898.1899.

1.121 1.263 1.242 1.133 1.2671900.1901.1902.1903.1904.

1.4921.5501.5501.700

1905.1906.1907.1908.1909.

1.7001.700 1,971 2.100 1.9171910.1911.1912.1913.1914.

1.9001.7501.750 1.792 1.800

Galva­nized iron, average price per gross

$14.742

Sheeting: Bleached Glassware Plates: White granite

Rela­tiveprice

10-4, Pepperell 10-4,, Wamsutta Nappies: 4-inch Pitchers: H-gal- lon, common Tumblers: J^-pint, common Aver­agepriceperdozen

Rela­tivepriceAverage price per yardRela­tiveprice

S.T., av­erage price per yard

P. L.,average price per yardRela­tiveprice

Average price per dozenRela­tiveprice

Average price per dozenRela­tiveprice

Average price per dozenRela­tiveprice

88.8 $0,219 91.6 $0,313 96.0 $0,120 109.1 $1,250 156.3 $0,180 150.0 $0,489 105.580.9 .201 83.9 .316 97.1 .120 109.1 1.250 156.3 .200 166.7 .479 103.375.3 .190 79.4 .294 90.4 .120 109.1 1.250 156.3 .190 158.3 .464 100.273.3 .195 81.4 .306 93.8 .120 109.1 1.250 156.3 .190 158.3 .464 100.270.2 .174 72.8 .276 84.6 .120 109.1 1.250 156.3 .190 158.3 .457 98.662.6 .179 74.6 .272 83.5 .120 109.1 1.250 156.3 .185 154.2 .416 89.870.5 .179 74.9 .293 89.8 .100 90.9 1.250 156.3 .180 150.0 .399 86.169.3 .174 72.7 .293 89.8 .100 90.9 1.000 125.0 .170 141.7 .399 86.163.3 .172 71.9 .293 89.8 .100 90.9 1.000 125.0 .160 133.3 .452 97.570.7 .202 84.5 .295 90.6 . .100 90.9 1.000 125.0 .130 108.3 .461 99.483.3 .229 95.8 .308 94.4 .100 90.9 1.000 125.0 .180 150.0 .484 104.586.5 .212 88.5 .293 89.8 .140 127.3 1.300 162.5 .180 150.0 .510 110.086.5 .210 87.8 .293 89.8 .140 127.3 1.300 162.5 .185 154.2 .510 110.088.6 .228 95.1 .304 93.3 .140 127.3 1.300 162.5 .177 147.2 .499 107.794.9 .243 101.4 .278 85.2 .140 127.3 1.150 143.8 .160 133.3 .494 106.794.9 .227 94.8 .270 82.9 .140 127.3 1.050 131.3 .150 125.0 .459 99.094.9 .248 103.5 .273 83.9 .140 127.3 1.050 131.3 .150 125.0 .459 99.0110.0 .288 120.5 .305 93.6 .140 127.3 1.050 131.3 .150 125.0 .459 99.0117.2 .244 102.1 .279 85.8 .122 110.9 .963 120.4 .133 110.4 .459 99.0107.0 .252 105.2 .287 88.0 .117 106.4 .996 124.5 .134 111.8 .459 99.0

106.0 .268 111.8 .340 104.4 .113 102.7 .942 117.8 .120 100.0 .462 99.797.7 .245 102.4 .306 94.1 .110 100.0 .800 100.0 .110 91.7 .462 99.797.7 .228 95.4 .278 85.4 .110 100.0 .800 100.0 .110 91.7 .462 99.7100.0 .239 100.0 .326 100.0 .110 100.0 .800 100.0 .120 100.0 .463 100.0100.5 .253 105.9 .344 105.7 .120 109.1 .900 112.5 .120 100.0 .463 100.0

200 WHOLESALE PRICES, 1890 TO 1924

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1915.1916.1917.1918.1919.1920.1921. 19̂ 2.1923_________January. __ February..March___April____M ay____June____

July_____August___September. October. __ November. December.1924_________January. _. February..March___April____M ay____June____

July_____August___September. October. . . November. December.

18. 954 129.2 .232 96.9 .305 93.5 .135 122.7 .850 106.3 .110 91.7 .463 100.026, 313 179.4 .298 124.5 .382 117.3 .161 146.6 1.000 125.0 .125 104.2 .484 104.634,042 232.1 .383 160.2 .581 178.5 .208 188.6 1.254 156.8 .220 183.3 .718 155.047.500 323.8 .600 250.9 .828 254.3 .250 227.3 1. 444 180.5 .314 261.8 .928 200.236.177 246.6 .581 242.8 .920 282.3 .275 250.0 1. 595 199.4 .328 272.9 1. 065 229.942,962 292.9 .726 303.3 1.220 374.5 .314 285.8 1.897 237.1 .320 266.7 1. 283 277.02(4.314 165.7 .432 180.5 .911 279.8 .315 286.4 2.050 256.3 .258 214.9 1. 218 262.820. 423 139.2 .445 186.2 .904 277.4 .263 238.6 1.820 227.5 .208 172,9 980 211.5

22. 581 154.0 .505 210.9 .947 $1.126 290.7 .243 220.5 2.375 296.9 .229 191.0 1.050 226.620. 750 141.5 (2) .947 1.123 290. 7 .250 227.3 2. 250 281.3 .230 191.7 1.050 22p.620. 643 140.7 (2) .947 1.123 290.7 .250 227.3 2.250 281.3 .230 191.7 1.050 226. 621. 680 147.8 (2) .947 1.123 290.7 .250 227.3 2. 400 300.0 .230 191.7 1. 050 226.622. 721 154.9 .528 220.7 .947 1.123 290.7 .250 227.3 2.400 300.0 .230 191.7 1.050 226.624.413 166.4 .528 220.7 .947 1.123 290.7 .250 227.3 2.400 300.0 .230 191.7 1. 050 226.624. 240 165.2 .525 219.4 .947 1.123 290. 7 .250 227.3 2.400 300.0 .230 191.7 1. 050 226.624. 022 163.8 .479 200.3 .947 1.123 290.7 .250 227.3 2.400 300.0 .230 191.7 1.050 226.622. 890 156.1 .479 200.3 .947 1.123 290.7 .250 227.3 2.400 300.0 .230 191.7 1. 050 226.622. 890 156.1 .479 200.3 .947 1.123 290.7 .250 227.3 2. 400 300.0 .250 208.3 1.050 226.622.890 156.1 .502 210.0 .947 1.123 290.7 .220 200.0 2. 400 300.0 .220 183.3 1.050 226.622. 570 153.9 .502 210.0 (2) , 1.140 .220 200.0 2.400 300.0 .220 183.3 1.050 226.621. 261 144.9 .518 216.5 (2) 1.140 .220 200.0 2.400 300.0 .220 183.3 1.050 226.623.226 158.4 .498 208.0 1.140 294.5 .205 186.4 2.467 308.3 .198 165.2 1.050 226.621. 095 143.8 .527 220.1 1.140 294.5 .220 200.0 2.400 300.0 .220 183.3 1. 050 226.622.890 156.1 .527 220.1 1.140 294.5 .220 200.0 2.500 312.5 .200 166.7 1.050 226.623. 413 159.6 .527 220.1 1.140 294.5 .220 200.0 2. 500 312.5 .200 166.7 1.050 226.624.240 165.2 .527 220.1 1.140 294.5 .200 181.8 2.500 312.5 .200 166.7 1.050 226.624. 240 165.2 .527 220.1 1.140 294.5 .200 181.8 2.500 312.5 .200 166.7 1.050 226.623. 070 157.3 .497 207.7 1.140 294.5 .200 181.8 2.500 312.5 .200 166.7 1.050 226.623.240 158.4 .467 195.2 1.140 294.5 .200 181.8 2.500 312.5 .200 166.7 1.050 226.624.270 165.2 .478 200.0 1.140 294.5 .200 181.8 2.500 312.5 .200 166.7 1. 050 226.624. 270 165.2 .479 200.2 1.140 294.5 .200 181.8 2.500 312.5 .180 150.0 1. 050 226.623. 487 160.1 .479 200.2 1.140 294.5 .200 181.8 2.400 300.0 .180 150.0 1. 050 226.621.971 149.7 .471 197.0 1.140 294.5 .200 181.8 2.400 300.0 .200 166.7 1.050 226.622.527 153.6 .467 195.2 1.140 294.5 .200 181.8 2.400 300.0 .200 166.7 1.050 226.6

2 No quotation.

AVERAGE WHOLESALE PRICES OF COMMODITIES 201

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

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Table 9.—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924—Continued

House-furnishing goods Miscellaneous

(5) Furnishings (a) Cattle feed

Teacups and saucers: Tickings:Amoskeag, Tubs Bran Cottonseed meal: Prime Linseed meal Mill feed: Middlings,Year or month w mie granne A. C. A. standard

Average*price per Average Aver- Wooden, Galvanized . 8 per cent Aver .A.V6rgross (6 price per Rela- age Rela- oak grained, iron, No. 3, Rela­ Aver­ Rela­ Average ammonia, Rela­ age Rela­ agepriceRela­dozen dozen tive price tive average average tive age tive price per average tive tive tivecups and cups and price per price price per price per price r\nr f An price short ton price per price per ton price per ton price6 dozen saucers yard nest of 3 dozen ptJl bull short tonsaucers)

1890 $3. 760 110.0 $0.120 89.1 $1.650 98.0 $23.375 74.01891 3. 682 107. 7 . 118 87.3 1.567 93.1 _____ 25.208 79.81892 3.572 104. 5 . 115 85.4 1.400 82.2 23. 696 75.01893 3. 572 104. 5 . 118 87.7 1. 308 77. 7 25.704 81.31894 3. 525 103.1 . 108 80.5 1.288 76. 5 22.558 71.41895 3. 237 94. 7 . 101 74.4 1. 250 74.3 18. 913 59.8189fi 3. 091 90.4 . 102 75.7 1. 250 74.3 19. 938 63.11897 3.091 90.4 . 098 72.4 1. 250 74.3 20. 438 64.71898 3. 360 98. 2 .089 66.4 1.250 74.3 19.000 60.11899 3. 403 99. 5 . 092 68.6 1.258 74.8 20.796 65.81900 3. 575 104. 6 . 108 80.5 1.442 85.6 25.546 80.81901 3. 763 110.1 . 101 75.3 1. 450 86.1 25. 021 79.21902 3. 763 110.1 . 105 78.0 1. 450 86.1 27.133 85.819a3 3. 683 107. 7 . 110 82.0 1.450 86.1 26. 708 . 84.51904 3. 6.50 106. 8 . 121 90.1 1. 450 86.1 26.200 82.91905 3. 387 99.0 . 108 80. 5 1.450 86. 1 26. 358 83.4190fi 3.387 99. 0 . 126 93.8 1. 450 86.1 30. 392 96.21907 3.387 99.0 . 137 102.0 1.600 95.1 28.704 90.81908 3,897 114. 7 . . 113 83.6 1.650 98.0 29. 392 93.01909 3. 387 99. 0 . 118 87. 7 1. 650 98.0 32.037 101.4 [______1910 3. 413 99.8 . 129 95.5 1.613 95.8 33. 563 106.21911 3. 413 99.8 . 133 99.0 1. 650 98.0 29.767 94.21912 3. 413 $0. 569 99. 8 . 129 95. 7 1. 600 95.1 31.463 99.51913 . 570 100.0 .135 100.0 1.683 100.0 $18.365 100.0 31.608 100.0 $28.417 100.0 $19.452 100.01914_____________ .570 100.0 .133 98.7 1.763 $4,300 104.7 21.017 114.4 30.438 96.3 30. 792 108.4 21. 534 110.7

202 WHOLESALE PRICES, 1890 TO 1924

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43831°—25t—

Bull. 300-

1915.1916.1917.1918..570 100.0 .118.596 104.6 .163.892 156.4 .3031.193 209.1 .407

1919.1920.1921.1922.1.369 240.1 .3501.650 289.4 .5361.565 274.5 .2081.260 221.0 .255

1923________January..February.March__April___May____June____

1.350 236.8 .2911.350 236.8 .2801.350 236.8 .3001.350 236.8 .3001.350 236.8 .3001. 350 236.8 .3001.350 236.8 .300July_____August___September. October.. _ November. December.

1.350 236.8 .3001.350 236.8 .3001.350 236.8 .2701.350 236.8 .2701.350 236.8 .2751.350 236.8 .3001924________January..February.March__April___May____June____

1. 350 236.8 .2661.350 236.8 .2951. 350 236.8 .2801. 350 236.8 .2801. 350 236.8 .2601.350 236.8 .2601.350 236.8 .260July_____August___September.October...November.December.

1.350 236.8 .2601.350 236.8 .2601.350 236.8 .2601. 350 236.8 .2601.350 236.8 .2601. 350 236.8 .260

87.9120.7224.0302.0260.0398.0154.3189.4216.4208.0222.9222.9222.9222.9222.9222.9222.9 200.6 200.6 204.3222.9197.8219.2 208.0 208.0193.2193.2193.2193.2193.2193.2193.2193.2193.2

5.496 133. 8 20.041 109.1 31.979 101.2 35.000 123.2 21.603 111.17.950 193.6 20.452 111.4 36. 682 116.0 36.167 127.3 22. 207 114.210. 592 257.9 32.368 176.2 48.292 152.8 47. 750 168.0 36.071 185.415. 363 374.1 31.818 173.3 56. 350 178.3 53. 583 188.6 33. 658 173.011. 028 268.6 38.899 211.8 69.229 219.0 73.942 260.2 44.738 230.013. 361 325.3 41. 724 227.2 65.841 208.3 62. 827 221.1 45.620 234.57.497 182.5 17. 010 92.6 40.083 126.8 43.189 152.0 16.853 86.66.131 149.3 20.123 109.6 48. 792 154.4 48. 442 170.5 21.115 108.67.041 171.5 25. 551 139.1 47. 643 $42. 667 150.7 43. 308 152.4 26.565 136.66.500 158.3 26.200 142.7 51. 750 45, 500 163. 7 53. 500 18a 3 25.900 133.16.444 156.9 27. 625 150.4 50. 250 44.000 159.0 54.000 190.0 27.625 142.06. 755 164.5 28. 438 154.8 48. 850 44.000 152.6 45.800 161.2 28.313 145.67.081 172.4 27. 375 149.1 47. 750 41. 250 151.1 43.000 151.3 27. 219 139.97. 609 185.3 27.100 147.6 48. 250 42. 500 152.6 42. 250 148.7 28.700 147.57. 555 184.0 20.938 114.0 46.250 39. 750 146.3 37.000 130.2 25.250 129.87.487 182.3 19. 725 107.4 41.000 39. 500 129.7 37.000 130.2 24.750 127.27.135 173.7 23. 406 127.4 43.000 42.000 136.0 37.000 130.2 25.688 132.17.135 173.7 27. 625 150.4 45.000 41.000 142.4 38. 600 135.8 2a 156 144.77.135 173.7 28. t100 153.0 45.500 41.000 143.9 45.250 159.2 28.100 144.57.034 171.3 25. 594 139.4 49. 750 46.500 157.4 43.000 151.3 25.094 129.06.624 161.2 24. 750 134.8 48.250 45.000 152.6 45.000 158.4 23.688 121.87.036 171.3 23. 245 126.6 39.104 138.0 44. 221 155.6 24.415 125.56.582 160.3 25. 050 136.4 43. 250 152.8 43. 750 154.0 25.300 130.17.135 173.7 23. 656 128.8 40. 250 142.1 42.000 147.8 24.063 123.77.298 177.7 22.188 120.8 39.000 137.7 42.000 147.8 21.750 111.87. 555 184.0 20. 850 113.5 36.000 127.2 39. 500 139.0 21.400 110.07. 555 184.0 17. 719 96.5 37. 500 132.5 39..000 137.2 18.000 92.57.048 171.6 18. 875 102.8 35. 250 124.5 39.000 137.2 19.313 99.36. 853 166.9 22.125 120.5 41.000 144.8 43.000 151.3 24.525 126.17.135 173.7 23. 688 129.0 41.000 144.8 45.200 159.1 26.063 134.07.135 173.7 23. 525 128.1 39.000 137.7 47. 500 167.2 25.400 130.66. 990 170.2 24. 563 133.7 41. 000 144.8 48. 750 171.6 26. 750 137.56. 575 160.1 25. 313 137.8 38.000 134.3 50. 200 176.7 27.594 141.96. 575 160.1 30. 050 163.6 38.000 134.3 50.875 179.0 31.350 161.2

AVERAGE WHOLESALE PRICES OF COMMODITIES 203

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T a b l e 9 .—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924—Continued

Miscellaneous

(6) Leather

Year or month Calf Glazed: Kid, top grades, from Brazilian skins Harness: Oak Side: Chrome, tanned, " B ” gradeSole:Hem­lock

Sole: Oak, in sides, middle weightSole: Oak, scoured backs Sole: Union

Wax calf, 30 to 40 pounds to the dozen, B grade, average price per square foot

Chrome calf, average price per square foot

Rela­tivepriceAverage price per square foot

Rela­tivepriceCountry middles, average price per pound

No. 1, average price per pound

Cali­fornia, No. 1,average price per pound

Rela­tivepriceAverage price per square foot

Rela­tivepriceAverage price per pound

Average price per poundRela­tiveprice

Average price per poundRela­tiveprice

Average price per poundRela­tiveprice

1890........................ $0,600 65.4 $0. 257 73.0 $0.192 68.1 $0,377 84.01891................... . .647 70.5 .258 73.3 . 186 65.9 .368 82.01892___________ .693 75.5 .237 67. 3 . 173 61.2 . 342 76.21893___________ .645 70.2 .240 68. 2 . 180 63.7 .348 77.61894___________ .604 65.8 .228 64. 7 . 172 60.8 328 73.11895___________ .733 79.9 .289 82.0 .207 73.5 .342 76.21896....................... .643 70.1 .255 72.6 . 188 66. 7 .293 65.21897___________ .616 67.1 .243 69.1 .203 72.1 .308 68.61898___________ .676 73.6 .283 80.3 .213 75. 5 .321 71.61899____ ______ .688 74.9 .300 85.3 .225 79.9 .336 74.81900........................ .656 71.5 .303 85.9 .249 88.3 .361 80.41901______ _____ .628 68.4 .297 $0. 333 84.4 .248 87. 7 .353 78. 51902..................... .660 71.9 .333 84.4 237 83.9 .380 84.71903___________ .690 75.2 .331 84.1 .227 80.4 .374 83.41904___________ .688 74.9 .319 81.0 .226 80.0 .345 76; 91905___________ .697 75.9 .333 84.6 .229 81.2 .366 81.61906___________ .717 78.1 .371 94.3 . 254 90.0 .380 84.61907___________ .767 $0,225 83.5 .374 94.9 .264 93. 7 .382 85.11908___________ .218 81.0 .351 89.1 .251 88.9 . 380 84.71909................. .231 85.8 .381 96.7 .255 90.4 .413 91.91910 ................ . .228 84.4 .379 96.3 .247 87.5 .415 92.41911..................... . .226 83.9 .369 93.7 .238 84.2 .388 86. 51912...................... .247 91.5 .382 97.0 .258 91.4 .415 92. 61913....................... .270 100.0 10$0.250 166.6 .394 $0,401 100.0 $6. 256 100.6 .282 100.0 .449 100.0 I $0,401 100.0

204 WHOLESALE PRICES, 1890 TO 1924

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1914 ..............1915 ... ..........1916 ... ..........1917 ..... ........1918 ... ..........1919 __ ____1920 .............1921 ______1922............ .1923_________January...February..March___April____M a y .. .. . .June.........

July..........August__September October. __ November. December.1924_________January. __ February-.March___April____May____June____

July_____August__SeptemberOctober...November.December.

.280 103.9 10.260 103.8 .410 102. 3 10.268 104.8 .302.285 105.7 io. 270 107.7 .443 110.4 10. 279 109.0 .309.450 166.9 1°. 497 198.4 .488 121. 5 i°. 325 127.0 . 388.579 214.7 1°. 688 274.6 .675 168.3 .439 171. 7 .535

.598 221.8 .663 264.6 . 680 169.4 . 412 160. 9 .484.970 359.6 1.015 405.4 . 746 185.9 . 640 250. 2 . 528.985 365.5 1.073 428.5 . 706 175.9 . 617 241.1 . 534.521 193.2 .694 277.1 .430 107. 3 .312 122.0 . 358.443 164.1 .704 281.2 .437 108.9 . 258 101.0 .350

.443 164.4 .688 274.6 .457 113.8 .260 101.6.450 166.9 .700 279.6 .461 114.8 .260 101. 6.450 166.9 .700 279.6 .470 117. 2 . 260 101. 6.450 166.9 .700 279.6 .470 117. 2. . 265 103. 6.450 166.9 .700 279.6 .470 117.2 .265 103. 6.440 163.2 .700 279.6 .470 117. 2 . 265 103. 6.440 163.2 .675 269.6 .470 117.2 .260 101. 6

.440 163.2 .700 279.6 .461 114.8 .260 101. 6.440 163.2 .675 269.6 .451 112.4 .260 101. 6.440 163.2 .675 269.6 .451 112.4 .260 101.6.440 163.2 .675 269.6 .441 109.9 . 260 101. 6.440 163.2 .675 269.6 .451 112.4 . 255 99. 7.440 163.2 .675 269.6 .412 102.6 .250 97. 7

.455 168.8 .673 268. 7 .414 103.2 . 264 103. 3.440 163.2 .675 269.6 .421 105.0 . 250 97. 7.460 170.6 .675 269.6 .421 105.0 .250 97. 7.460 170.6 .675 269.6 .421 105. 0 .250 97. 7.460 170.6 .675 269.6 .421 105.0 . 250 97. 7.460 170.6 .675 269.6 .421 105.0 . 250 97. 7.430 159.5 .650 259.6 .402 100.1 .250 97. 7

.430 159. 5 * .650 259.6 .402 100.1 .250 97. 7.460 170.6 .675 269.6 .402 100.1 . 280 109. 5.460 170.6 .675 269.6 .412 102. 6 . 280 109. 5.460 170.6 .675 269.6 .412 102.6 . 280 109. 5.460 170.6 .675 269.6 .412 102.6 . 290 113. 4.480 178.0 .700 279.6 .421 105.0 . 290 113. 4

107.0 .471 105.0 .422 105.1109.7 .504 112.4 .448 111.7137.6 .640 142.5 .629 156.7189.8 .831 185.2 .790 196.9171.6 .796 177.4 .709 176.6187.3 .913 203.5 .841 209.5189.4 .856 190.7 .836 208.4127.0 .548 122.1 .503 125.3$0. 370 124.1 .519 115.7 .491 122.4

.365 122.4 .508 113.3 .492 122.6.370 124.1 .525 117.0 .535 133.3.370 124.1 .525 117.0 .538 133.9.370 124.1 .540 120.3 .540 134.6.370 124.1 .540 120.3 .540 134.6.370 124.1 .540 120.3 .530 132.1.370 124.1 .540 120.3 .501 124.9

.370 124.1 .540 120.3 .471 117.4.370 124.1 .515 114.8 .465 115.9.370 124.1 .490 109.2 .465 115.9.370 124.1 .465 103.6 .459 114.4.340 114.0 . 455 101.4 .435 108.4.340 114.0 .425 94.7 .420 104.7

.345 115.7 .449 100.0 .406 101.0.340 114.0 .440 98.0 .414 103.2' .340 114.0 .440 98.0 .425 105.9.340 114.0 .460 102.5 .425 105.9.340 114.0 .460 102.5 .423 105.4.340 114.0 .460 102.5 .411 102.5.340 114.0 .425 94.7 .400 99.7

.340 114.0 .425 94.7 .391 97.4.340 114.0 .440 98.0 .355 88.5.340 114.0 .445 99.2 .355 88.5.340 114.0 .445 99.2 .393 97. 8.360 120.7 .465 103.6 .435 108.4.380 127.5 .480 107.0 .440 109.610 No market price; estimated.

AVERAGE WHOLESALE PRICES OP COMMODITIES 205

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C hart 20400375350325800

275

250

225

200

175

150

125

100

75

50

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250

225

200

175

150

125

100

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206 WHOLESALE PRICES, 1890 TO 1924

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C h a r t 20a

m3 7 5350325300m

2 5 0225200175150m

100

75

504$

AVERAGE WHOLESALE PRICES OR COMMODIKES 207

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T a ble 9.—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924—Continued

Year or month

1890.. 1891-1892..1893..1894..1895.. 1896-1897..1898..1899..1900..1901..1902..1903-1904-1905-1906-1907-1908-1909..1910.. 1911-1912.. 1918-1914..

Miscellaneous

(c) Paper and pulp

Paper Wood pulp: Sul­phite, domestic, unbleached

Newsprint Wrapping: ManilaAverage price per 100 pounds

Rela­tivepriceAverage price per yard

Rela­tivepriceAverage price per pound

Rela­tivepriceRaw, aver­age price per pound

Raw, M- double triangle, average price per poundSeries 1, average price per pound

Series 2, average price per poundRela­tiveprice

Average price per • poundRela­tiveprice

$a038 169.8 $0,058 117.8 $0,039.034 151.1 .058 117.8 .037.034 151.1 .056 114.3 .048.032 141.3 .058 118.6 .035.032 143.6 .058 119.7 .035.031 136.9 .059 120.1 .028.028 122.2 .059 120.5 .032.027 120.4 .059 120.5 .037.022 97.3 .046 94.1 .033.021 92.9 .044 89.8 .037.028 124.9 .048 98.4 .044.023 100.4 .050 102.9 .040.024 107.6 .050 101.8 .044.025 112.4 .053 107.8 .046.027 118.7 .053 108.6 .044 $0,033.024 107.6 .053 107.6 .040.022 97.3 .050 102.5 .054.025 110.7 .051 103.7 .049.025 110.2 .050 102.5 .037.021 91.1 .048 97.3 .032.021 91.6 .048 97.3 .034.021 94.2 .048 99.0 .047.022 96.0 .049 100.0 .051.023 100.0 .049 100.0 $2,225 100.0 $0,080 100.0 $0,093 100.0 .067.023 100.0 .049 100.2 2.156 96.9 .062 77.3 .073 78.2 .062

(d) Other miscellaneous

Burlap: 40-inch, 10^-ounce Hemp: Manila, current shipment Jute

Rela­tiveprice

42.640.7 52.1 37.937.830.635.040.936.440.047.743.948.150.948.759.580.672.655.3 47.551.469.876.7

100.093.1

208 WHOLESALE PRICES, 1890 TO 1924

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1915191619171918

.022

1919.1920.1921.1922.1923_________January...February..March___April____May.........June_____

July_____August___September.October__November.December-1924_________January__February - .March___April_____May_____June_____

July_____August___September.October__November.December.

$0,021 99.1 .049 100.2, 2.119 95.2 .071 88.0 .094 101.1 .053 79.8.027 130.5 .079 162.5 3. 815 171.4 .094 117.1 .124 133.5 .076 114.0.034 161.9 .101 207.8 4.813 216.3 .134 166.7 .222 238.8 .103 153.8.034 164.8 .105 214.8 3.837 172.5 .211 263.5 .241 259.2 .129 192.2.039 187.6 .120 244.9 3.522 158.3 .143 178.2 . 152 164.0 .113 168.6.060 290.1 .147 301.4 6. 579 295.7 .118 147.4 .162 174.2 .096 143.5.050 241.7 .089 181.4 3.495 157.1 .048 60.2 .083 89.3 .053 79.5.037 178.4 .088 181.1 2.562 115.1 .078 96.8 .074 79.2 .066 99.0.039 188.1 .094 192.0 2.973 133.6 .079 98.9 .088 95.0 .061 90.9.039 189.5 .093 191.2 2. 675 120.2 .090 112.3 .083 89.5 .080 119.6.039 187.6 .094 192.2 2.675 120.2 .090 111.6 .087 93.6 .075 112.1.039 187.6 .094 192.2 2. 731 122.8 .084 104.7 .094 101.4 .073 108.4.039 188.1 .094 192.2 2.888 129.8 .085 106.0 .090 96.8 .069 102.8.039 188.5 .094 192.2 3.155 141.8 .075 93.4 .090 96.6 .064 95.4.039 188. 5 .094 192.2 3. 225 144.9 .073 91.1 .089 96.3 .058 86.0.039 188.5 .094 192.2 3.225 144.9 .072 89.9 .090 97.0 .059 87.9.039 188.1 .094 192.2 3.200 143.8 .070 87.0 .083 89.5 .050 74.7.039 187.6 .094 192.2 3.113 139.9 .075 93.6 .082 88.3 .048 71.0.039 187.6 .094 192.2 3.105 139.6 .078 96.8 .081 87.4 .048 71.0.039 187.6 .094 192.2 2. 913 130.9 .079 98.0 .092 99.0 .049 72.8.039 187.6 .094 192.2 2. 706 121.6 .079 97.9 .100 108.0 .060 89.7.038 184.6 .104 213.9 2. 579 115.9 .089 110.6 .124 133.2 .066 98.4.039 187.6 .094 192.2 2.610 117.3 .079 98.3 .110 119.0 .060 89.7.039 187.6 .094 192.2 2. 625 118.0 .078 96.8 . 113 121.6 .055 82.2.039 187.6 .094 192.2 2.625 118.0 .077 95.4 . 110 118.8 .058 86.0.039 187.6 . .101 206.6 2. 625 118.0 .079 98.5 .109 117.2 .058 86.0.039 187.6 .103 210.0 2.625 118.0 .077 96.4 . 104 111.9 .058 86.0.039 187.6 .103 210.0 2. 600 116.9 .080 99.9 . 106 114.5 .056 83.7.038 182.7 .103 210.0 2. 510 112.8 .086 107.0 .109 117.8 .058 86.0.038 182.7 .103 210.0 2. 525 113.5 .100 124.3 .113 121.9 .068 100.9.038 182.7 .107 218.2 2.505 112.6 . 100 124.1 .135 144.9 .073 108.4.038 182.7 .108 221. 5 2. 506 112.6 .103 128.2 . 153 164.7 .078 115.8.038 182.7 .110 225.4 2. 569 115.5 .107 133.2 .151 163.0 .088 131.5.038 182.7 .133 271.5 2.625 118.0 .100 124.7 . 168 180.8 .083 123.3

AVERAGE WHOLESALE PRICES OF COMMODITIES 209

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T able 9 .—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924r-ContinuedMiscellaneous

(d) Other miscellaneous

Vear or monthLubricating oil Rope: Manila, base size and larger Rubber: Para, is­land Sisal: Mexican, cur­rent shipment

Paraffin Cylinder oil Spindle oil

Average price per pc^undRela­tiveprice

Average price per poundRela­tiveprice

Average price per poundRela­tivepriceAverage price per gallon

Rela­tiveprice

Oklahoma, medium fil­tered stock, tank cars, average price per gallon

Pennsylvania, 600, steam refined, tank cars, average price per gallon

Unfiltered, steam re­fined, aver­age price per gallon

Rela­tivepriceNo. 200, pale, aver­age price per gallon

Rela­tiveprice

i $0,149 101.8 $0,838 103.8.104 70.8 .791 98.0.115 78.3 .676 83.8.092 62.6 .717 88.8.077 52.5 .674 83.6.074 50.1 .743 92.0.066 54.3 .800 99.1.063 43.0 .845 104.7.084 57.4 .927 114.9i .109 74.6 .995 123.3

i .132 90.0 .982 121.6.109 74.4 .850 105.3.135 91.9 .727 90.1.115 78.1 .905 112.2.117 79.8 1.088 134.7.120 81.5 1. 243 153.9.125 85.3 1. 213 150.3.129 87.9 1.063 131.7.102 69.2 .871 107.9i .084 57.3 1.481 183.5

> .088 59.9 1.908 236.3.087 59.4 1.110 137.6.101 68.7 1. 052 130.3$6.143 166.6 1__________ $6.145 100.0 $6.180 166.6 .147 100.0 .807 100.0 • $6.043. 100.0

1890.. 1891.1892.. 1893.1894..1895..1896..1897..

1900.. 1901.1902.. 1903.1904..1905.. 1906.1907..1908.1909.1910..1911.1912.1913.

210 WHOLESALE PRICES, 1890 TO 1924

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1914 ______1915 .............1916 ______1917 ______1918 ______1919 ............1920.............._1921 .............1922 ______1923...............January...February..March___April........M ay_____June_____

July_____August___SeptemberOctober...November.December.1924_______________January________February______March_________April__________M ay__________June___________

July___________August_________September_____October________November_____December.............

151 105.8147 102.9201 140.8215 150.9341 239.5306 214.6434 304.7282 198.1230 161.4214 150.3230 161.4238 166.7248 174.0250 175.4228 159. 6220 154.4205 143.9195 136.8190 133.3190 133.3190 133. 3190 133.3204 142.9 $0.180 $0.195195 136.8 .178 .178200 140.4 .189 .199200 140.4 .190 .216200 140.4 .200 .223200 140.4 .205 .203200 140.4 .201 . 185198 138.6 .183 .178190 133.3 .164 . 165190 133.3 , .165 .179210 147.4 .165 . 186230 161.4 .161 .194230 161.4 .164 .226

.145 .140 .147 . 150

.261.295.574.234.160

. 152 .160 .188 .198 .200 .163 .150

.128 .120

. 120 .120 .128 . 150

.279.223.300.310.330.306.280

.253.242.260.300.254.285

100.0 .180 100.0 .123 84.0 .616 76.3 .051 117.896.6 .174 96.6 .133 90.3 .557 69.0 .059 136.8101.2 .223 123.6 .183 124.4 .669 82.9 .090 208.6103.4 .240 133.3 .283 193.1 .648 80.3 .177 408.8179.9 .366 203.2 .325 221.8 .549 68.0 .178 412.3203.6 .367 203.7 .261 178.1 .483 59.8 .126 290.7395.7 .477 265.1 .275 187.5 .333 41.2 .079 182.4161.2 .339 188.4 .190 129.5 .182 22.5 .061 140.7110.3 .222 123.3 .187 127.2 .183 22.6 .065 149.5104.9 .214 118.7 .206 140.6 .248 30.8 .066 153.5110. 3 .220 122.2 .196 133.5 .272 33.7 .066 153.5129.3 .243 134.7 .210 143.1 .307 38.0 .066 153.5136.6 .250 138.9 .210 143.1 .290 35.9 .066 153.5137.9 .250 138.9 .216 147.2 .274 33.9 .066 153. 5112.1 .228 126.4 .220 150.0 .249 30.9 .006 153. 5103.4 .220 122.2 .220 150.0 .250 30.9 .066 153.587.9 .205 113.9 .220 150.0 .239 29.6 .066 153.582.8 .190 105.6 .214 145.7 .238 29.4 .066 153.582.8 .180 100.0 .208 141.4 .248 30.4 .066 153.582.8 . 180 100.0 .201 136.7 .215 26.6 .066 153.587.9 . 188 104.2 .185 126.1 .204 25.3 .066 153.5103.4 .210 116.7 .180 122.7 .203 25.2 .066 153.5

192.1 .235 130.6 .193 131.4 .212 26.2 .076 176.4153.4 .215 119.4 . 174 118.6 .199 24.7 .066 153.5206.9 .220 122.2 . 170 115.9 .191 23.6 .066 153.5213.8 .220 122.2 . 185 126.1 . 171 21.2 .066 153.5227.6 .220 122.2 .185 126.1 .168 20.8 .066 153.5211.0 .220 122.2 . 185 126.1 .173 21.4 .066 153.5193.1 .220 122.2 .185 126.1 . 164 20.3 .076 176.6174.1 .218 120.8 .185 126.1 .170 21.0 .076 176.6166.9 .210 116.7 . 185 126.1 .211 26.1 .076 176.6179. 3 .210 116.7 .185 126.1 .227 28.1 .076 176.6206.9 .355 197.2 .216 147.4 .262 32.5 .079 182.4175.2 .260 144.4 .230 156.8 .286 35.4 .086 198.6196.6 .260 144.4 .230 156.8 .315 39.1 .084 195.1

AVERAGE WHOLESALE PRICES OF COMMODITIES 211

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T able 9.—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1924—Continued t oh-1Miscellaneous

(d) Other miscellaneous

1890189118921893189418951896189718981899190019011902190319041905190619071908190919101911191219131914

Year or month Soap: Laundry Starch: Laundry Tobacco: Plug Tobacco: Smoking, granulated, 1-ounce bags

Average price per box of 100 bars (75pounds)Relativeprice

Average price per box of 100 11-ounce cakesRelativeprice

Average price per poundRelativeprice

14%ounces to the plug, average price per pound

12 pieces to the pound, average price per pound

14%ounces to the plug, average price per poundRelativeprice

Seal of North Carolina, average price per pound

Blackwell’sBullDurham, average price per gross bagsRelativeprice

$0. 037 101.6 $0.405 92.0 $0,500 79.8.043 116.7 .401 91.1 .500 79.8.037 102.2 .373 84.7 .500 79.8.037 100.3 .397 90.2 .500 79.8.037 100.3 .400 90.9 .500 79.8.036 99.5 .400 90.9 .500 79.8.031 84.9 .381 86.5 .500 79.8.030 82.2 .376 85.4 .500 79.8.030 82.2 .413 93.9 .530 84.6.030 82.2 .418 94.9 .560 89.4.034 93.1 .443 100.7 .560 89.4.036 99.5 .466 105.9 .560 89.4.045 124.4 .454 103.2 .559 89.3.043 118.1 .450 102.3 .570 91.0.037 101.1 .470 106.8 .583 93.1.033 90.1 .490 111.4 .600 95.8.037 100.5 .483 109.8 .600 95.8.040 110.7 .470 106.8 .600 95.8.046 118.6 .470 106.8 .600 95.8.043 117.5 .470 106.8 .600 95.8.039 105.8 .470 106.8 .585 93.4.033 89.0 .440 100.0 .628 100.2.038 102.7 .440 P -a o 100.0 .628 100.2

$3,528 100.0 $3,083 100.0 .037. 100.0 .470 100.0 .628 $5,640 100.03.528 100.0 3.050 98.9 .039 106.8 .470 100.0 5.680 100.7

WHOLESALE PRICES, 1890 TO 1924

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1915................. ...................... 3.528 100.0 3.050 98.9 .0401916________ ___________ 3.565 101.0 3.150 102.2 .0451917_____ _____________ 4.451 126.2 4.616 149.7 .0581918_______ ___________ 5.336 151.2 6..212 201.5 .0601919_____ _____________ 6. 334 179.5 6.841 221.9 .0731920___________________ 6. 906 195.7 7. 211 233.9 .0931921__________ _________ 5. 588 158.4 5. 310 172.2 .0701922________ ___________ 4.900 138.9 3.960 128.4 .0511923........ ........ ................. . 4.945 140.2 4. 015 130.2 .051January____________ 4.900 138.9 4.015 130 2 .051February___________ 4.900 138.9 4.015 130.2 .051March........... ............... 5.229 148.2 4.015 130.2 .051April_______________ 5.292 150.0 4.015 130.2 .051May_______________ 5.064 143. 5 4. 015 130.2 .051June_______________ 4.851 137.5 4.015 130.2 .051

July--------- ----------- - 4.851 137.5 4.015 130.2 .051August_____________ 4.851 137.5 4.015 130.2 .051September____ ______ 4.851 137.5 4.015 130.2 .051October......................... 4. 851 137.5 4.015 130.2 .051November_________ _ 4.851 137.5 4.015 130.2 .051December............. ........ 4.851 137.5 4.015 130.2 .0511924.._________________ 4.735 134.2 4.124 133.7 .057January____________ 4.851 137.5 4.111 133.3 .051February___________ 4. 851 137.5 4.125 133.8 .051March............................ 4.851 137.5 4.125 133.8 .055April___ __________ 4.851 137.5 4.125 133.8 .055M a y ... ....................... 4. 851 137.5 4.125 133.8 .055June_______________ 4.694 133.1 4.125 133.8 .055

July____ .___________ 4.459 126.4 4.125 133.8 .058August................ .......... 4.459 126.4 4.125 133.8 .060September__________ 4.459 126.4 4.125 133.8 .060October ......................... 4. 793 135.9 4.125 133.8 .060November....... .......... . 4.851 137.5 4.125 133.8 .060December____ ______ 4.851 137.5 4.125 133.8 .060

109.6 122.2 160.0 164.1199.7253.4 192.3140.5140.5140.5 140. 5140.5140.5140.5140.5140.5140.5140.5140.5140.5140.5154. 8140.5140.5150.7150.7150.7150.7157. 5163.0163.0163.0163.0163.0

.490.490.585.747

.941

104.2 5. 760 102.1104.2 5. 760 102! 1124.4 5. 760 102' 1158. 7 8.080 143.3193.1 9.176 162. 7$0. 778 200.0 9.920 175.9.714 183.6 9.920 175.9.701 180.2 9.920 175.9

.701 180.2 9.920 175.9.701 180.2 9.920 175.9.701 180.2 9.920 175.9.701 180.2 9.920 175.9.701 180. 2 9.920 175.9.701 180. 2 9.920 175.9.701 180.2 9. 920 175.9

.701 180.2 9.920 175.9.701 180.2 9.920 175.9.701 180.2 9. 920 175.9.701 180.2 9.920 175.9.701 180.2 9.920 175.9.701 180.2 9.920 175.9

.696 179.0 8. 453 149.9.701 180.2 9.920 175.9.696 179.0 8.320 147.5.696 179.0 8.320 147.5.696 179.0 8.320 147.5.696 179.0 8. 320 147.5.696 179.0 8.320 147.5

.696 179.0 8.320 147.5.696 179.0 8.320 147.5.696 179.0 8.320 147.5.696 179.0 8.320 147.5.696 179.0 8.320 147.5.696 179.0 8.320 147.5

toCO

AVERAGE WHOLESALE PRICES OP COMMODITIES

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APPENDIXES

APPENDIX AThe weighting factors used in constructing the revised index numbers oi wholesale prices computed by the Bureau of Labor Statistics are contained in the table which follows. The figures are taken from the 1919 census, supplemented in some instances by information from other Government sources and from trade associa­tions, etc. In each case the figures represent, as nearly as could be determined, the quantity of the article sold in the markets in 1919. For commodities represented by more than one series of price quo­tations, the total quantity marketed has been apportioned among the several markets or grades of the commodity in proportion to their relative importance.

TABLE OF WEIGHTS USED IN CONSTRUCTING REVISED INDEX NUMBERS OF WHOLESALE PRICES, BY GROUPS OF COMMODITIESj

Commodity jit

UnitQuantity used as weight (000) omitted

Group I.—Farm products

(a) Grains:Barley, malting, Chicago__ ____ __ ______ _ _ Bushel______ 57,705164,459 246,689 325,609 88,90972, 534 305,358 285,799 104,378

Corn, Chicago—Contract grades_______________ _ __ _ _ _ . _ __ _ ..do _ _ __No. 3 mixed... __ ___ _ __ __ doOats, contract grades, Chicago___ do. _ .Rye, No. 2, Chicago. _______ _ _ .doW heat-No. 1, northern spring, Chicago_________ - - - - - _ __ _ __do.No. 2, red winter, Chicago_______ _ . . do ___No. 2, hard winter, Kansas City______ . . .do _ __No. 1, northern spring, Minneapolis. __ do _____No. 1, hard white, Portland, Oreg___ . . . ___ . . _____ _ ..do . - __ 39, 74745,450 90,90132,775

(5) Live stock and poultry: 4 Cattle, steers, Chicago- Choice to prime__ 100 pounds .Good to choice________ _______ _ _ _ . _ __ . d o _ . ._Hogs, Chicago—Heavy. _ _____ d oLight........ ............... ____ . . . _ _ _ _ . . d o ______ 98,3272,259 7,906 1,129

299, 223 299, 2248, 709 467

Sheep, Chicago—Ewes, native, all grades . . . _______ ... . . . . . . . . . . __ _____ ____d o ... ___Lambs, western, good to choice .doWethers, fed, good to choice. _ do .Poultry, live fowls—Chicago______ ______ . Pound______New York...... ............... . .............. ......... _ ........do_______(c) Other farm products:Beans, medium, choice, New York____________________________Clover seed, contract grades, Chicago. ___ . . . _ 1 100 pounds___!........do. ____Cotton, middling—New Orleans....................... ............. ........ . . . . __ j Pound. ___ 3, 806,921 1,903, 461 4,069107,278

New York________ __________________ . . . . . . do _____Cotton seed, average price at gin___ __________________________ ! Ton_________Eggs, fresh—Firsts, western, Boston____________ ______________________ Dozen. ...........Firsts, Chicago................................................ ......................... ..........Extra firsts, Cincinnati................... ............... ...................... ...... ___ do..............i___do. ............ 297, 545 32, 386 32, 386 387, 619 110, 314 44, 531Candled, New Orleans............................................ ..................... . ____d o . . . ........Firsts, New York.................. .............................................................. ........do_______Extra firsts, western, Philadelphia........................... ................. ....... L doExtra pullets’, San Francisco.............................................................

215

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TABLE OF WEIGHTS USED IN CONSTRUCTING REVISED INDEX NUMBERS OF WHOLESALE PRICES, BY GROUPS OF COMMODITIES—Continued

216 W H O LESA LE PR IC E S , 1890 TO 1924

Commodity UnitQuantity used as weight (000 omitted)

Group I.—Farm products—Continued

(c) Other farm products—Continued.Flaxseed, No. 1, Minneapolis............... ........................ ....................... . Bushel......... _ _ 22,0365,648 3,116 3,408

152,926 132,905 371,746 371, 747 371, 7474,258 25,551

4,052,905 5,066,131 1,013,226 5,773

H a y -Alfalfa, No. 1, Kansas City__ _ _ __ Ton________Clover, mixed, No. 1, Cincinnati __ _ __ ........do________do______Hide and skins—Calfskins, No. 1, country, Chicago___ _ _ __ _ Pound______Goatskins, Brazilian, New York.. _ _ ____ do______Hides, heavy, country cows, No. 1, Chicago . . . . ____do______Hides, packers’, heavy, native steers, Chicago . ____do__ ____Hides, packers’, heavy, Texas steers, Chicago _ ___do_______Hops, prime to choice—New York State, New York____. . . ____ _ _ _ _ _ _ ____do_______Pacifies, Portland, Oreg__ ___ _do______Milk, fresh—Chicago __________ Quart_______New York _ _ _ _ _ _ _ _ _ __do__ ___San Francisco do__ ____Onions, fresh, yellow, Chicago ___ ____ _ _____ __ ____ ____ 100 pounds___Pound______ 751,982 72,355Potatoes-White, good to choice, Chicago____________ _ _____________ 100 pounds___% bushel___Sweet, No. 1, Philadelphia. _ 12,067Rice, New Orleans-Blue Rose, head, clean__ Pound____ _ 742,83*6 346,366 15,116Honduras, head, clean __do______Tobacco, average warehouse sales, State of Kentucky_____ _ _ __ 100 pounds___

Pound.. ___Wool, Ohio, Boston—Fine, clothing, scoured___________ __ __________ _____ _ 146,851 55,069 73,426Fine, delaine, scoured. _do__ ___Half blood, scoured _____ __do__ _ __One-fourth and three-eighths grades, scoured _do__ ___ 91, 782

Group II.—Foods

(a) Meats:Beef, fresh—Carcass, good native steers, Chicago ___ Pound______ 2,484, 747Sides, native, New York. _ _ _ ____ ____do.............. 2,484,747 650Beef, salt, extra mess, New York______________________________ Barrel (200#) __Hams, smoked, Chicago_______ ______ _ ______ __________ _ Pound_____ 1,383,017 339, 505 169,752454,762 454,761

6,909

Lambs, dressed, Chicago _ * _ _ __ ___do______Mutton, dressed, New York _ _________________ ____do_______Pork, fresh—Loins, Chicago____ _ _ _ _ _ __________ _______ ____do_______Loins, western, New York _ _ _ _ _ ____________________ ____do_______Pork, cured—Mess, salt, New York____________________________________ Barrel (200#) __Sides, rough, Chicago _ _____ _ _ _ ______ Pound............. 691.508691.508274.388274.388 422,928

31,209 109,229 15,60479,292 277,523 39,6461,849

Sides, short clear, Chicago _ _____ __________ ____do_______Poultry, dressed—HenS, heavy, Chicago___ __________________________ ______ ____do_______Fowls, 48-54 pounds to dozen, New York _ _ _ _ _ _ _ __do_______Veal, dressed, good, Chicago__________________________________ ____do_______(6) Butter, cheese, and milk:Butter, creamery- Boston—Extra_______________ _ _____________________________ ____do__ ___Firsts. _____ _ ____________________ _________ ____do__ __ __Seconds _____ _ ______ ___________________ ___do_______Chicago-Extra____________________ _________________________ ____do__ ____Extra firsts _ _ _ _______ _ do__ _Firsts.......................... ................................................................. ___do______Cincinnati—Extra____________________________________________ _do_______Centralized firsts_________________________________ do______ 6,473 925Centralized seconds_____ ________________________ _ do_____New Orleans-Fancy............. ......................................................... ......... ....... do__ ___ 11,443Choice........................................................................................ ___ 26,700

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APPENDIXES 217TABLE OF WEIGHTS USED IN CONSTRUCTING REVISED INDEX NUMBERS OFWHOLESALE PRICES, BY GROUPS OF COMMODITIES—Continued

Commodity UnitQuantity used as weight (000 omitted)

Group II.—Foods—Continued

(&) Butter, cheese, and milk—Continued.Butter, creamery—Continued.New York—Extra.- _______ ____________________Firsts.. _____ ______________________Seconds___________________ _________Philadelphia-Extra____ ______ __________________Extra firsts__________________________Firsts_________________ ____________St. L ouis-Extra_________________ ____________San Francisco-Extra_________________ ____________Prime firsts_______ _____________ ____Cheese, whole milk—American twins, Chicago--------------------------State, fresh flats, colored, average, New YorkCaliforna flats, fancy, San Francisco_______Milk, fresh. (See Farm products.)Milk, condensed, 14-ounce tins, New York_____Milk, evaporated, 16-ounce tins, New York____(c) Other foods:Beans, medium, choice. (See Farm products.) Bread-

Pound___ do........do.___ do.___ do.___ do.___ do.___ do.___ do.___ do.___ do.___ do.Case.. ___ do.

Chicago________________________Cincinnati______________________New Orleans____________________New York__________ ___________San Francisco___________________Cocoa beans, Arriba, New York-----------Coffee, Rio, No. 7, New York_________Copra, South Sea, sun dried, New York. Eggs, fresh. (See Farm products.) Fish—

Pound___ do.___ do.___ do.___ do.___ do.___ do.___ do.Cod, large, shore, pickled, cured, Gloucester, Mass.Herring, large, split, New York________________Mackerel, salt, large, 3s, Boston________________Salmon, canned, Alaska, red, factory------------------Flour, rye, white, Minneapolis____________________Flour, wheat—Winter patents, Kansas City___________________Winter straights, Kansas City---------------------------Standard patents, Minneapolis_________________Second patents, Minneapolis--------------------- -------Patents, Portland, Oreg_______________________Patents, soft, winter, St. Louis--------------------------Straights, soft, winter, St. Louis________________Patents, Toledo______________________________Fruit, canned, New York—Peaches, California, standard 2^s----------------------Pineapple, Hawaiian, sliced, standard 2}4s----------Fruit, dried, New York—Apples, evaporated, State, choice..... .........................Currants, cleaned, Patras_____________________Prunes, California, 60-70s_____ ________________Raisins, coast, seeded, bulk............................... ..........Fruit, fresh—Apples, Baldwins, Chicago____ _______________Bananas, Jamaica, 9s, New York..___ __________Lemons, California (300-360 count), Chicago............Oranges, California, choice, Chicago_____________Glucose, 42° mixing, New York..'__________________Hominy grits, bulk, car lots, f. o. b. m ill..__________Lard, prime, contract, New York....................................Meal, corn—White, f. o. b. mill____________________ _______Yellow, Philadelphia__________________________Molasses, New Orleans, fancy, New York___________Oatmeal, car lots, in sacks (90 pounds), New York.......Oleomargarine, standard, uncolored, Chicago________Oleo oil, extra, Chicago___________________________Pepper, black, New York_________________________Rice. (See Farm products.)Salt, American, medium, Chicago.............. .....................

100 pounds__Barrel----------___ do_______Dozen_______Barrel__________ do__________ do__________ do__________ do..............___ do----------___ do__________ do__________ do_______Case___________ do_______Pound_________ do__________ do__________ do_______Barrel_______Bunch______Box____________ do_______100 pounds----___ do_______Pound______100 pounds______ do_______Gallon______100 pounds___Pound_________ do__________ do_______Barrel..............

76, 518 267,814 38, 25917,569 61,492 8,78538,14314,217 33,173

390,640 81, 281 20,69016,643 29,125

2, 680, 740 400, 680 381, 600 5, 571,360 505, 620 348,758 1,252,434 167,8201,394 495 121 27,079 2,575

36, 676 . 12,225 39,181 13,060 13,895 8,818 2,939 6,81415,414 10,45746,624 24,919 136,377 302,55626,223 35,117 4, 536 22,075 14, 661 2.923 1, 372, 55014.49514.495 72, 4747,479 348,976 129, 863 24,38749,168

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t a 'b l e o f w e i g h t s u s e d i n c o n s t r u c t i n g r e v i s e d i n d e x n u m b e r s o fWHOLESALE PRICES, BY GROUPS OF COMMODITIES—Continued

218 WHOLESALE PRICES, 1890 TO 1924

QuantityCommodity Unit used as weight (000 omitted)

Group II.—Foods—Continued

(c) Other foods—Continued.Sugar, New Y ork-Granulated, in barrels................................. ................. ...................... Pound............. 7,884,900 7,128,130 36,506 93,55028,805 18, 651 21, 619

Raw, 96° centrifugal.................................... ............ . ______ ____do..............Tallow, edible, Chicago............................ ............... ......................... ... ........d o ............Tea, Formosa, fine, New York...... .................................................... ....... ........do_______Vegetables, canned—Com, Maryland, standard, New York___________ __________ Dozen..... ........Peas, State and western, \No. 5, New York................ .................... ____do...............Tomatoes, New Jersey, standard, No. 3, New York........... ......... ____do..............Vegetables, fresh. (See Farm products.)Vegetable oil—Coconut, crude, New York........ ............ . ____ _________ Pound........... . 244,325Corn, crude, in barrels, New York__________________ ______ ____do............ 83,764 1,180,285 8,959 243,620 88,987 56,530

Cottonseed, prime, summer, yellow, New York______________ ........do.............Olive, edible, in barrels, New York_________ ______________ Gallon______Peanut, crude, f. o. b. milk.________________________ ______ Pound______Soya bean, crude, in barrels, New York_____________ ______ ____do............Vinegar, eider, 40 grain, in barrels, New York___________________ Gallon______

Group m .—Cloths and clothing

(a) Boots and shoes, factory:Children’s—Little boys’, gun metal, blucher.......................Child’s, gun metal, polish, high cut.............. ..Misses’, black, vici, polish, high cut________Youths’, gun metal, blucher_______________Men’s—Black, calf, blucher..... ............. ......... . . . ........ .Black, calf, Goodyear welt, bal____________Black, dress, Goodyear welt, side leather____Gun metal, Goodyear welt, blucher________Mahogany, chrome, side, Goodyear welt, bal.Tan, dress, Goodyear welt, calf____________Tan, dress, Goodyear welt, side leather_____Chocolate elk, blucher_____ ______________Vici kid, black, Goodyear welt...... ................... .Women’s—Black, kid, Goodyear welt, 8H-inch lace........Colored calf, Goodyear welt, lace oxford___Kid, McKay sewed, lace oxford.......................Patent leather pump, McKay sewed................(b) Cotton goods, factory:Denims, Massachusetts, 2.20 yards to the pound.. Drillings, brown—Massachusetts, D standard, 30-inch-------------Pepperell, 29-inch, 2.85 yards to the pound__Flannels—Colored, 4.70 yards to the pound...................Unbleached, 3.20 yards to the pound............. .Ginghams—Amoskeag, 27-inch, 6.37 yards to the pound... Lancaster, 26^-inch, 6.50 yards to the pound.. Hosiery-Men’s half hose, combed y a rn ........................ .Women’s, cotton, silk mercerized, mock seam. Women’s, combed yam, 16-ounce, mock seam. Muslin, bleached, 4/4—Fruit of the Loom__________ ________ ____Lonsdale________________________________Rough Rider__________ _________________Wamsutta, nainsook_____________________Print cloth, 27-inch, 7.60 yards to the pound......... .Sheeting, brown, 4/4—Indian Head, 2.85 yards to the pound_______Pepperell, 3.75 yards to the pound................... .Ware Shoals, 4 yards to the pound...... .............Thread, 6-cord, J. & P. Coats_____ ____________Underwear—Men’s shirts and drawers...................... .............Women’s union suits, combed yarn...................

Pair........ .........___ do............___ do..............___ do__________ do__________ do__________ do__________ do__________ do__________ do__________ do_______----- do__________ do__________ do__________ do__________ do__________ do_______Yard___________ do__________ do....... ......___ do................... do-----------___ do..............___ do..............Dozen pairs__----- do..............----- do..............Yard................___ do__________ do_______.......do__________ do_______.......do__________ do..................... do..............Spool_______Dozen gar­ments.Dozen..............

16,180 16,180 16,180 26,50010.56010.56010.56010.56010.56010.56010.56010.56010.56026,200 26,200 26,200 26,200

161,804157.197157.197139.420139.420232.434232.43422,72115.73115.73163.07963.07963.07963.079 1,237,960

186.433186.433186.433 1,038,63$6,3323,985

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APPENDIXES 219TABLE OP WEIGHTS USED IN CONSTRUCTING REVISED INDEX NUMBERS OFWHOLESALE PRICES, BY GROUPS OF COMMODITIES—Continued

Commodity UnitQuantity used as weight (000 omitted)

Group III.—Cloths and clothing—Continued(&) Cotton goods, factory—Continued.Yarn—Carded, white, mulespun, northern, 10/1 cones _ __ Pound.... ........ 271, 669 271,669Carded, white, mulespun, northern, 22/1 cones ___do____ __Twisted, ordinary, weaving, 20/2 __ do.__ _ __ 99, 542 99, 542

2, 200Twisted, ordinary, weaving, 40/2 __ do..............(c) Woolen goods, factory:Flannel, white, 4/4, Ballard Vale, No. 3 Yard________Overcoating, heavy, 30-31 ounce _ . ___ do_______ 25, 207

27.92327.923 25, 20727.923 22,372650

Suitings—Serge, 91^-ounce __ do___ ___Clay worsted, diagonal, 16-ounce _ _ _ _ ___ do_______Middlesex, wool-dyed, blue, 16-ounce ___ _____ _ _ _ ___ do_______Serge, 11-ounce. _ _ _ _ _ _ _ _ ___ _ _ _ _ _ _ _ _ _ _ ___ _do_ ____Trousering, cotton warp, ll-113^-ounce__ _ __________ _________ ___ _do._ ___Underwear—Merino, shirts and drawers ___ ___________________________ D ozen gar­Men’s union suits, 33 per cent worsted___ _ _ _ _ ments.D ozen______ 911Women’s dress goods—Broadcloth, 9V£-ounce, 54-56-inch__________________________ Yard________ 25, 207French serge, 35-inch _ _ _ __ _ _ ________________ ________ ___do_____ _ 27,923 22,372Poplar cloth, cotton warp _ doSicilian cloth, cotton warp, 50-inch______ ___ ___ _________ ___ do_____ _ 22,372 27,923

27, 700 27, 700Storm serge, double warp, 50-inch___ _ _ _ ______________ ___ d o ______Yarn—Crossbred stock, 2/32s _______ _ ________________ _ _ Pound ____Half blood, 2/40s _ _______ _______ _ _ __ do_ __ _Fine domestic, 2/50s__ ___________________________________ ___ do_______ 27, 700(d) Silk, etc.:Linen shoe thread, 10s, Barbour, New York__ _____ ______ ____ ___do... __ 3, 210

9, 398 26,199Silk, raw, New York—China, Canton filature, extra extra A___________ _______ ___ ____do. ____Japan, Kansai, No. 1 ___ _ _ __________ ______ _ _ ____do___Japan, special, extra extra____ ___________ ______ ____ ___do________ 8, 733

4,601Silk yarn, New York—Domestic, gray spun, 60/1 __ _ _ _______ ______________ ___ do_______Domestic, gray spun, 60/2, No. 1__................ ........ .......... ............... ____do_______ 4,601Group IV.—Fuel and lighting

(a) Anthracite coal, New York, tidewater:Broken___________________________________________________ _ Gross ton____ 4,625 28, 242 15,628Chestnut _ _ _ _ _ _______________ __ _ ______ _ _ __ __do..............E g g _____________ _______ ________________________________ ____do_______Stove. __________________________________________________ ___ do........ . _ 21,58542.700 54,900 24,40040.70040.700 54,500 81,300 61,00028,559

(6) Bituminous coal:Mine run, Chicago____ _______ ______________________________ Net ton_____Prepared sizes, Chicago___ ________ ___________ _ _ ______ ___ do_______Screenings, Chicago__ ________________________ _ __________ ___do___ -__Mine run, Kanawha, Cincinnati____ _______ _ _ _ _ _ _ do. _ _Mine run, smokeless, New River, Cincinnati-. __ ___ _______ _ _ do _ _ _Mine run, Pocahontas, Norfolk, Va___ ____ _ ____ Gross ton _ _Prepared sizes, Pittsburgh________ ____________ _____________ Net ton_____Indiana, No. 4, mine run, f. o. b. Indianapolis. _ _ __ _ _ _ do _ _(c) Other fuel and lighting:Coke, Connellsville, furnace, at ovens________ __ _______ ______ ___ do_ ___Gasoline, motor, New York... _______________________________ Gallon.. __ __ 3,637,045 16,500164,332 216,370

Matches, average of several brands, New Y ork______ ______ __ Gross_______Crude petroleum, at wells—California, 20°__________________________________ ______ _ Barrel. ______Kansas-Oklahoma_______________ ___________________ _ _ ___ do_____Pennsylvania___________ ___________________________ _ ___ do............ . 32,041 1,152,425Refined petroleum, New Y ork-Standard white, 110° fire test_______ ___ ________ _________ Gallon______Water white, 150° fire test_________ _______ ____________ _ _ ___ do_______ 1,152,425

Group V.—Metals and metal products(o) Iron and steel:Iron ore, lower lake ports—Mesabi, Bessemer, 55 per cent. Non-Bessemer, 51^ per cent__ Gross ton. ___ do___

43831°—251—Bull. 390----- 1521, 355 35,440

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220 WHOLESALE PRICES, 1890 TO 1924TABLE OF WEIGHTS USED IN CONSTRUCTING REVISED INDEX NUMBERS OF WHOLESALE PRICES, BY GROUPS OF COMMODITIES—Continued

Commodity UnitQuantity used as weight (000omitted)

Group V. Metals bnd metal products—Continued

(a) I r o n a n d s t e e l — C o n t i n u e d .P i g i r o n —B a s i c , v a l l e y f u r n a c e _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ G r o s s t o n . . . _ 4 , 5 4 12 , 9 2 07 4 8B e s s e m e r , P i t t s b u r g h _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ . . _ _ _ _ d o _ _ _ _ _ _F o u n d r y , N o . 2 , n o r t h e r n , P i t t s b u r g h . _ . _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ d o _ _ _ _ _ _ _F o u n d r y ^ N o . 2 , B i r m i n g h a m , A l a _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ d o _ _ _ _ _ _ _ 7 4 8_ . d o _ _ _ _ _ 2 1 8S p i e g e l e i s e n , f u r n a c e _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ d o _ _ _ _ _ _ _ 8 4B a r I r o n -B e s t r e f i n e d , P h i l a d e l p h i a _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ P o u n d _ _ _ _ _ _ _ 5 0 6 , 3 7 3 5 0 6 , 3 7 3 6 , 7 5 1 1 3 , 0 9 4 7 0 3

C o m m o n , f . o . b . P i t t s b u r g h _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ . _ _ _ _ d o _ _ _ _ _ _ _B a r s , r e i n f o r c i n g , P i t t s b u r g h _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 1 0 0 p o u n d s _ _ __ _ . d o _ _ _ _ _ _ _N a i l s , w i r e , P i t t s b u r g h _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _P i p e , c a s t - i r o n , 6 - i n c h , N e w Y o r k . . _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ N e t t o n _ _ _ _ _ _S k e l p , g r o o v e d , P i t t s b u r g h . . _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 1 0 0 p o u n d s _ _ _G r o s s t o n _ _ _ _

5 7 , 9 9 41 , 3 2 0 4 , 9 0 8 8 8 , 3 7 0 9 , 6 4 8 , 1 2 8

2 1 4

S t e e l b i l l e t s , P i t t s b u r g h —B e s s e m e r _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ . .O p e n h e a r t h _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ d o _ _ _ _ _ _ _S t e e l m e r c h a n t b a r s , P i t t s b u r g h _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 1 0 0 p o u n d s _ _ _P o u n d _ _ _ _ _ _ _S t e e l p l a t e s , t a n k , P i t t s b u r g h _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _S t e e l r a i l s , P i t t s b u r g h —B e s s e m e r , s t a n d a r d _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ G r o s s t o n _ _ _O p e n h e a r t h , s t a n d a r d _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ . . . . . . d o _ _ _ _ _ _ _ 1 , 8 9 3S t e e l s h e e t s , b l a c k , f . o . b . P i t t s b u r g h _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ P o u n d _ _ _ _ _ 5 , 1 3 0 , 9 4 4 5 6 , 6 1 7 8 5 4S t e e l , s t r u c t u r a l s h a p e s , P i t t s b u r g h _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 1 0 0 p o u n d s _ _ _B o x ( 2 0 0 # ) _ _ _1 0 0 p o u n d s _ _ __ _ _ _ d o _ _ _ _ _ _ _

T e r n e p l a t e , 8 p o u n d s I . C . , P i t t s b u r g h _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _T i n p l a t e , d o m e s t i c , c o k e , P i t t s b u r g h _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 2 4 , 0 7 6 6 , 8 2 3W i r e —B a r b e d , g a l v a n i z e d , C h i c a g o _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _P l a i n , f e n c e , a n n e a l e d , P i t t s b u r g h _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ . _ _ _ _ d o _ _ _ _ _ _ _ 1 1 , 8 4 9

1 5 9 , 1 7 6( 6 ) N o n f e r r o u s m e t a l s :A l u m i n u m , N e w Y o r k _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ P o u n d _ _ _ _ _C o p p e r , i n g o t , e l e c t r o l y t i c , r e f i n e r y _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ d o _ _ _ _ _ _ 1 , 8 0 5 , 3 0 7 1 0 5 , 4 0 0 3 2 3 , 3 2 0 9 6 4 , 4 4 0 9 3 2

C o p p e r , s h e e t , N e w Y o r k _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ d o _ _ _ _ _ _ _C o p p e r , w i r e , b a r e , m i l l _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ . . . . d o . _ _ _ _ _L e a d , p i g , N e w Y o r k _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ . d o _ _ _ _ _ _L e a d p i p e , N e w Y o r k _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 1 0 0 p o u n d s _ _ _P o u n d _ _ _ _ _Q u i c k s i l v e r , N e w Y o r k . _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 2 , 4 0 4 5 6 , 6 8 2 8 9 , 6 6 5 1 , 0 8 6 9 3 1 , 4 8 6

S i l v e r , b a r , f i n e , N e w Y o r k _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ O u n c e . . . . . . . . . . . . . .T i n , p i g , N e w Y o r k . _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ P o u n d _ _ _ _ _ _Z i n c , s h e e t , f a c t o r y _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 1 0 0 p o u n d s _ _ _P o u n d _ _ _ _ _Zinc, s l a b , N e w Y o r k _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

Group VI.—Building materials

(а ) Lumber:Douglas fir, mill—No. 1 common, boards.. . .................................. .................... ............No. 2 and better, drop siding--------------------------------------------Gum, sap, firsts and seconds, St. Louis_____ ___________________Hemlock, northern, No. 1, Chicago____________________________Maple, hard, No. 1, common, 4/4, Chicago__________ ___________Oak, white, plain, No. 1 common, 4/4, Cincinnati________________Pine, white, No. 2 barn, Buffalo, N. Y........................................... .......Pine, yellow, southern, mill—Flooring, B and better___________________________________Timbers, square edge and sound............... ............... ........ ...............Poplar, No. 1 common, 4/4, Cincinnati______________ __________Spruce, eastern, random, Boston______________________________Lath, yellow pine, No. 1, f. o. b. mill___ _______________________Shingles—Cypress, 16 inches long, mill_______________________________Red cedar, 16 inches long, mill_____________________________(б ) Brick, common, building, simple average of 82 yard prices__________(c) Structural steel. (See Metals and metal products.)(d) Other building materials:Cement, Portland, f. o. b. plant, simple average of 6 plant prices___Crushed stone, 1% inch, New York____________________________Gravel, f. o. b. pit, average of 22 plant prices-------------------------------Hollow tile, building, Chicago_____________________ ___________Lime, common, lump, f. o. b. plant, average of 15 plant prices_____Sand, building, f. o. b. pit, average of 26 plant prices. .........................Slate, roofing, f. o. b. quarry. . ------------------------------------------------

1,000 feet.-----d o ...___ d o...___ d o...___ d o...___ do...___ do...___ do...___ do...___ do...___ do...1,000. . : .___ do...___ do...___ do...Barrel....... .......Cubic yard__Ton_________Block_______Ton____________ do....... .......100 square feet.

4,427 1,476 851 1,755 858 2,708 1,7244,8988,1653509802,6741,182 10,258 4,553*

86,141 27,200 34,607 264,050 3,071 21,970 454

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QuantityCommodity Unit used as weight (000omitted)

Group VI.—Building materials—Continued(d) Other building materials—Continued.Glass, plate—3 to 5 square feet, New York. __ __ ___________ _ Square foot_____ do..............5 to 10 square feet, New York ____________________________Glass, window, f. o. b. works—Single A_______ . . _____________________________ _____ 50 square feet.. ____do___ _ .Single B ______ ________ ___________ _____________Linseed oil, raw, New York_______ _______ . . . ____________ Gallon. ____

Rosin, common to good (B), New York--------------------------Turpentine, southern, barrels, New York________________White lead, American, in oil, New York_________________Zinc oxide (white zinc), New York--------------------------------Pipe, cast-iron. (See Metals and metal products.)Copper, sheet. (See Metals and metal products.)Copper wire. (See Metals and metal products.)Lead pipe. (See Metals and metal products.)Nails. (See Metals and metal products.)Reinforcing bars. (See Metals and metal products.)Roofing tin (terneplate). (See Metals and metal products.) Zinc, sheet. (See Metals and metal products.)

Barrel.. Gallon. Pound. . . . . -do-

28, 808 28,8083.6893.689 62,536 66,6822,272 19, 271 237,359 279,321

Group VII.—Chemicals and drugs

( a ) C h e m i c a l s :A c i d s , N e w Y o r k —A c e t i c , 2 8 p e r c e n t - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -M u r i a t i c , 2 0 ° _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _N i t r i c , 4 2 ° _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _S t e a r i c , t r i p l e p r e s s e d - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -S u l p h u r i c , 6 6 ° _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _A l c o h o l , N e w Y o f k —D e n a t u r e d , N o . 5 , 1 8 8 p r o o f . - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -W o o d , r e f i n e d , 9 5 p e r c e n t - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -A l u m , l u m p , N e w Y o r k - - - - - - - - - - - - - - - - - - - : - - - - - - - - - - - - - - - - - - - - - - - - - - - -A m m o n i a , a n h y d r o u s , N e w Y o r k - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -B l e a c h i n g p o w d e r , N e w Y o r k - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -B o r a x , c r y s t a l s a n d g r a n u l a t e d , N e w Y o r k - - - - - - - - - - - - - - - - - - - - - - - -C o p p e r s u l p h a t e , 9 9 p e r c e n t , c r y s t a l s , N e w Y o r k _ _ _ _ _ _ _ _ _C o p r a , S o u t h S e a , s u n d r i e d , N e w Y o r k - - - - - - - - - - - - - - - - - - - - - - - - - - -F o r m a l d e h y d e , N e w Y o r k - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -O i l , v e g e t a b l e —C o c o n u t , c r u d e , N e w Y o r k — _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _C o r n , c r u d e , i n b a r r e l s , N e w Y o r k _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _P a l m k e r n e l , c r u d e , N e w Y o r k - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -S o y a b e a n , c r u d e , i n b a r r e l s , N e w Y o r k - - - - - - - - - - - - - - - - - - - - - -P o t a s h , c a u s t i c , 8 8 - 9 2 p e r c e n t , N e w Y o r k - - - - - - - - - - - - - - - - - - - - - - - -S a l s o d a , N e w Y o r k . . . - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -S o d a a s h , 5 8 p e r c e n t , l i g h t , N e w Y o r k _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _S o d a , b i c a r b o n a t e , A m e r i c a n , f . o . b . w o r k s - - - - - - - - - - - - - - - - - - - - - - -S o d a , c a u s t i c , 7 6 p e r c e n t , s o l i d , N e w Y o r k _ _ _ _ _ _ _ _ _ _ _ _ _ _ _S o d a , s i l i c a t e o f , 4 0 ° , N e w Y o r k - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -S u l p h u r , c r u d e , N e w Y o r k - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -T a l l o w , i n e d i b l e , p a c k e r s ’ p r i m e , C h i c a g o _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _(h F e r t i l i z e r m a t e r i a l s :A c i d p h o s p h a t e , 1 6 p e r c e n t b a s i s , b u l k , N e w Y o r k - - - - - - - - - - - -A m m o n i a , s u l p h a t e , d o u b l e b a g s , N e w Y o r k - - - - - - - - - - - - - - - - - - - - -G r o u n d b o n e , s t e a m e d , C h i c a g o - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -M u r i a t e o f p o t a s h , 8 0 - 8 5 p e r c e n t , K . C . L . b a g s , N e w Y o r k .P h o s p h a t e r o c k , 6 8 p e r c e n t , f . o . b . m i n e s - - - - - - - - - - - - - - - - - - - - - - -S o d a n i t r a t e , 9 5 p e r c e n t , N e w Y o r k _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _T a n k a g e , 9 a n d 2 0 p e r c e n t , c r u s h e d , f . o . b . C h i c a g o - - - - - - - - - -(c) D r u g s a n d p h a r m a c e u t i c a l s :A c i d , c i t r i c , d o m e s t i c , c r y s t a l s , N e w Y o r k _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _A c i d , t a r t a r i c , c r y s t a l s , U . S . P . , N e w Y o r k _ _ _ _ _ _ _ _ _ _ _ _ _ _A l c o h o l , g r a i n , 1 9 0 p r o o f , U . S . P . , N e w Y o r k _ _ _ _ _ _ _ _ _ _ _ _ _C r e a m o f t a r t a r , p o w d e r e d , N e w Y o r k - - - - - - - - - - - - - - - - - - - - - - - - - - - -E p s o m s a l t s , U . S . P . , i n b a r r e l s , N e w Y o r k _ _ _ _ _ _ _ _ _ _ _ _ _ _G l y c e r i n e , r e f i n e d , N e w Y o r k _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _O p i u m , n a t u r a l , U . S . P . , N e w Y o r k _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _P e r o x i d e o f h y d r o g e n , 4 - o u n c e b o t t l e s , N e w Y o r k _ _ _ _ _ _ _ _ _P h e n o l , U . S . P . ( c a r b o l i c a c i d ) , N e w Y o r k _ _ _ _ _ _ _ _ » - - - - - - -Q u i n i n e , s u l p h a t e , m a n u f a c t u r e r s ’ q u o t a t i o n s , N e w Y o r k . . .

P o u n d . . . . . . . . . . . ._ _ _ d o _ _ _ _ _ _ __ _ _ d o _ _ _ _ _ _ __ _ _ d o _ _ _ _ _ _ __ _ _ d o _ _ _ _ _ _ _G a l l o n _ _ _ _ _ _ __ _ _ d o _ _ _ _ _ _ _P o u n d _ _ _ _ _ _ __ _ _ d o _ _ _ _ _ _ _1 0 0 p o u n d s _ _ _P o u n d _ _ _ _ _ _ __ _ _ d o _ _ _ _ _ _ __ _ _ d o _ _ _ _ _ _ __ _ _ d o _ _ _ _ _ _ _

_ _ _ d o _ _ _ _ _ _ __ _ _ d o _ _ _ _ _ _ __ _ _ d o _ _ _ _ _ _ __ _ _ d o _ _ _ _ _ _ __ _ _ d o _ _ _ _ I . . .1 0 0 p o u n d s _ _ __ _ _ d o _ _ _ _ _ _ _P o u n d _ _ _ _ _ __ _ _ d o _ _ _ _ _ _ _1 0 0 p o u n d s _ _ _G r o s s t o n _ _ _ _P o u n d _ _ _ _ _ _T o n _ _ _ _ _ _ _ _ _1 0 0 p o u n d s - - - -T o n _ _ _ _ _ _ _ _ __ _ _ d o _ _ _ _ _ _ __ _ _ d o _ _ _ _ _ _ _1 0 0 p o u n d s _ _ _T o n _ _ _ _ _ _ _ _ _P o u n d _ _ _ _ _ _ __ _ _ d o _ _ _ _ _ _ _G a l l o n - - - - - - - - - -P o u n d - - - - - - - - - -1 0 0 p o u n d s _ _ _P o u n d _ _ _ _ _ _ __ _ _ d o _ _ _ _ _ _ _G r o s s _ _ _ _ _ _ _ _P o u n d _ _ _ _ _ _O u n c e _ _ _ _ _ _ _

53,084 294,260 38,880 16,970 6,592, 54060,399 6,985 654,000 54,700 1,771 42, 870 35, 288 98, 561 19,664

244,325 13,636 41, 564 88,987 12,625 1,437 20,670 283,120 638,980 5,736 678 263,9513,6805,95060212,2728,9782973,164 5,313 25,000 2,855 587 64,343 619 875 (54,300 3,937

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WHOLESALE PRICES, 1890 TO 1024

C o m m o d i t y U n i tQ u a n t i t y u s e d a s w e i g h t ( 0 0 0 o m i t t e d )

G r o u p V I I I . — H o u s e - f u r n i s h i n g g o o d s( a ) F u r n i t u r e :B e d r o o m —B e d , c o m b i n a t i o n , f a c t o r y . . . . . . . . . . . . . . . . . . _ _ _ _ _ _ _ E a c h _ _ _ _ _ _ _ _ 3 , 9 1 4 2 , 0 3 5 7 8 3C h a i r , a l l g u m , c a n e s e a t , f a c t o r y _ _ _ _ _ d o . . . . . . . . . . . . .C h i f f o r e t t e , c o m b i n a t i o n , f a c t o r y _ _ _ d o _ _ _ _ _ _ _D r e s s e r , c o m b i n a t i o n , f a c t o r y _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ' _ _ _ _ d o _ _ _ _ _ _ _ 7 8 3R o c k e r , q u a r t e r e d o a k , C h i c a g o _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ . _ . . d o . _ _ _ _ 1 , 0 1 8S e t , 3 p i e c e s , C h i c a g o - _ _ _ S e t . . _ _ _ _ _ _ 7 8 3D i n i n g r o o m —B u f f e t , c o m b i n a t i o n , f a c t o r y _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ E a c h _ _ _ _ _ _ _ _ 2 , 3 4 9 2 , 4 1 6C h a i r , a l l g u m , l e a t h e r s l i p s e a t , f a c t o r y . _ _ _ _ _ _ H a l f d o z e n _ _ _T a b l e , e x t e n s i o n , c o m b i n a t i o n , f a c t o r y E a c h _ _ _ _ _ _ 1 , 1 7 4

2 , 3 4 9L i v i n g r o o m —D a v e n p o r t , s t a n d a r d p a t t e r n , f a c t o r y _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ d o _ _ _ _ _ _ _T a b l e , l i b r a r y , c o m b i n a t i o n , f a c t o r y . _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ d o _ _ _ _ _ _ 1 , 1 7 42 0 1K i t c h e n -C h a i r , h a r d w o o d , C h i c a g o _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ D o z e n . . . _ _ _ _R e f r i g e r a t o r , l i f t - t o p t y p e , f a c t o r y _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ E a c h _ _ _ _ _ _ 2 , 3 4 9T a b l e , w i t h d r a w e r , C h i c a g o _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ d o _ _ _ _ _ _ 1 , 1 7 4

5 , 1 3 9( 6 ) F u r n i s h i n g s :B l a n k e t s —C o t t o n , c o l o r e d , 2 p o u n d s t o t h e p a i r , f a c t o r y _ _ _ _ _ _ _ _ _ _ _ P a i r _ _ _ _ _ _ _ _ _W o o l , 4 t o 5 p o u n d s t o t h e p a i r , f a c t o r y _ _ _ _ _ _ _ _ _ _ _ _ _ _ P o u n d . - _ _ _ 2 , 8 8 0

1 9 , 6 0 0 1 3 , 3 2 8 6 , 6 1 2

C a r p e t s , f a c t o r y —A x m i n s t e r , B i g e l o w _ _ . . . . . . . . . . . . . . . . . . . . . . . . . _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Y a r d _ _ _ _ _ _B r u s s e l s , B i g e l o w . _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ . _ _ _ d o _ _ _ _ _ _ _W i l t o n , B i g e l o w _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ d o _ _ _ _ _ _C u t l e r y -C a r v e r s , 8 - i n c h , f a c t o r y _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ P a i r _ _ _ _ _ _ _ _ _ 9 8 0K n i v e s a n d f o r k s , f a c t o r y _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ G r o s s _ _ _ _ _ _ 2 7 5P a i l s , g a l v a n i z e d i r o n , 1 0 - q u a r t , f a c t o r y _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ d o . . _ _ _ _ _ 5S h e e t i n g , b l e a c h e d , 1 0 / 4 —P e p p e r e l l , f a c t o r y _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _i

Y a r d _ _ _ _ _ _ _ _ 7 3 , 8 2 9 7 3 , 8 2 91 0 . 2 4 01 0 . 2 4 0 2 5 , 1 8 0 1 9 , 1 1 2

W a m s u t t a , f a c t o r y . _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ d o _ _ _ _ _ _ _T a b l e w a r e -G l a s s n a p p i e s , 4 - i n c h , f a c t o r y . . . . . . . . . . . . . . . . . . . . . . D o z e n . _ _ _ _G l a s s p i t c h e r s , o n e - h a l f g a l l o n , f a c t o r y _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ d o _ _ _ _ _ _ _G l a s s t u m b l e r s , o n e - t h i r d p i n t , f a c t o r y _ _ _ _ _ d o _ _P l a t e s , w h i t e g r a n i t e , 7 - i n c h , f a c t o r y _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ d o _ _ _ _T e a c u p s a n d s a u c e r s , w h i t e g r a n i t e , f a c t o r y . _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ d o _ _ _ _ _ _ _ 7 , 4 3 4 3 6 , 3 0 9 2 2 0T i c k i n g , A m o s k e a g , A . C . A . , 2 . 8 5 y a r d s t o p o u n d , f a c t o r y _ _ _ Y a r d _ _ _ _ _ _ _ _T u b s , g a l v a n i z e d i r o n , N o . 3 , f a c t o r y _ _ D o z e n _ . _ _G r o u p I X . — M i s c e l l a n e o u s

( a ) C a t t l e f e e d :B r a n , M i n n e a p o l i s . _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ T o n . _ _ _ _ _ _ 2 , 4 0 9 1 , 8 1 7C o t t o n s e e d m e a l , p r i m e , N e w Y o r k _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ d o _ _ _ _ _ _ _L i n s e e d m e a l , N e w Y o r k . _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ d o _ _ _ _ _ _ 1 6 4M i l l f e e d , m i d d l i n g s , s t a n d a r d , M i n n e a p o l i s _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ d o _ _ _ _ 2 , 4 0 91 9 1 , 0 6 8 1 6 1 , 8 6 0 4 4 , 1 4 5 2 2 0 , 5 6 5

2 6 , 8 1 9 1 5 6 , 2 2 0 1 1 3 , 2 8 7

3 , 8 9 9 , 5 9 0 1 , 8 6 8 , 7 5 0 4 8 , 3 9 01 4 9 , 0 0 0 1 3 5 , 9 7 2

( 6 ) L e a t h e r :C a l f , c h r o m e , B g r a d e , B o s t o n . _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ S q u a r e f o o t _ __ _ _ d o . _ _ _G l a z e d k i d , b l a c k ? t o p g r a d e , B o s t o n _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _H a r n e s s , C a l i f o r n i a o a k , N o . 1 , C h i c a g o _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ P o u n d . . . . . . . . . . .S i d e , b l a c k , c h r o m e , B g r a d e , B o s t o n . _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ S q u a r e f o o t _ _P o u n d _ _ _ _ _ _S o l e , B o s t o n —O a k , i n s i d e s , m i d d l e w e i g h t _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _O a k , s c o u r e d b a c k s , h e a v y _ _ _ _ _ _ _ _ _ _ _ _ . _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ d o _ _ _ _ _ _U n i o n , m i d d l e w e i g h t _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ d o _ _ _ _ _ _ _( c ) P a p e r a n d p u l p :• P a p e r -N e w s p r i n t , r o l l s , f . o . b . m i l l _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ . . . . . . . . d o _ _ _ _ _ _ _W r a p p i n g , m a n i l a , N o . 1 , j u t e , N e w Y o r k _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ d o .W o o d p u l p , s u l p h i t e , d o m e s t i c , u n b l e a c h e d , N e w Y o r k . _ _ _ _ _ _ _ _ _ 1 0 0 p o u n d s _ _ _P o u n d _ _ _ _ _ _ _(d) O t h e r m i s c e l l a n e o u s :H e m p , m a n i l a , f a i r , c u r r e n t s h i p m e n t , N e w Y o r k _ _ _ _ _ _ _ _ _ _ _ _ _ _ _J u t e , r a w , m e d i u m g r a d e s , N e w Y o r k _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ d o . _ _ _L u b r i c a t i n g o i l , p a r a f f i n , 9 0 3 g r a v i t y , N e w Y o r k _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ G a l l o n . . . , 8 1 8 , 9 5 0 1 3 0 , 4 2 0 5 3 0 , 8 2 9 2 9 9 , 1 8 0

1 6 , 8 9 0 . 1 6 , 8 9 0 7 8 3 , 5 0 01 4 1 , 0 3 8 2 5 , 3 9 6

R o p e , p u r e m a n i l a , b e s t g r a d e , N e w Y o r k _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ P o u n d _ _R u b b e r , P a r a , i s l a n d , f i n e , N e w Y o r k _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ . . . _ _ _ _ d o _ _ _ _ _ _S i s a l , M e x i c a n , c u r r e n t s h i p m e n t , N e w Y o r k _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ d o _ _ _ _ _ _ _S o a p -L a u n d r y , C i n c i n n a t i _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 1 0 0 c a k e s _ _ _ _ _L a u n d r y , P h i l a d e l p h i a _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ d o _ _ _ _ _ _ _S t a r c h , l a u n d r y , b u l k , N e w Y o r k _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ P o u n d . . . . . . . . . . .T o b a c c o —P l u g , N e w Y o r k . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . _ _ _ _ _ _ _ _ _ _ _ _ _ d o _ _ _ _ _ _ _S m o k i n g , 1 - o u n c e b a g s , N e w Y o r k _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ G r o s s . . . . . . . . . . . . . . .

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APPENDIXES 223

APPENDIX BRELATIVE IMPORTANCE OF COMMODITIES AS MEASURED BY THEIR ESTI­MATED WHOLESALE VALUES IN EXCHANGE, 1924

V a l u e e x p r e s s e da s p e r c e n t a g e o f a g g r e g a t eE s t i m a t e d v a l u e o f —G r o u p a n d c o m m o d i t y v a l u e i n e x ­c h a n g e ( 0 0 0o m i t t e d ) C o m ­ A l lm o d ­ c o m ­i t i e s i n m o d ­g r o u p i t i e s

Group I.—Farm products(а ) Grains:Barley, malting, C h ic a g o _____ _______________Corn, Chicago—Contract grades____________________________No. 3 mixed______ __________________________Oats, contract grades, Chicago___________________Rye, No. 2, Chicago____________________________W heat-No. 1, northern spring, Chicago_______________No. 2, red winter, Chicago___________________No. 2, hard winter, Kansas( City______________No. 1, northern spring, Minneapolis___________No. 1, hard white, Portland, Oreg_____________(б ) Livestock and poultry:Cattle, steers, Chicago—Choice to prime_____________ _______________Good to choice______________________________Hogs, Chicago-Heavy____________________________________Light______________________________________Sheep, Chicago—Ewes, native, all grades______________________Lambs, western, good to choice_______________Wethers, fed, good to choice__________________Poultry, live fowls—Chicago___________________________________New York_____________________________ ____(c) Other farm products:Beans, medium, choice, New York________________Clover seed, contract grades, Chicago______________Cotton, middling—New O r l e a n s .____________________________New York__________________________________Cottonseed, average price at gin__________________Eggs, fresh—Firsts, western, Boston_____________________Firsts, Chicago_____________________________Extra firsts, Cincinnati______________________Candled, New Orleans_______________________Firsts, New York___________________________Extra firsts, western, Philadelphia_____________Extra pullets’, San Francisco_________________Flaxseed, No. 1, Minneapolis_____________________H a y -Alfalfa, No. 1, Kansas City___________________Clover, mixed, No. 1, Cincinnati______________Timothy, No. 1, Chicago_____________________Hides and skins—Calfskins, No. 1, country, Chicago_____________Goatskins, Brazilian, New York______________Hides, heavy, country cows, No. 1, Chicago____Hides, packers’, heavy, native steers, Chicago___Hides, packers’, heavy, Texas steers, Chicago___Hops, prime to choice—New York State, New York__________________Pacific coast, Portland, Oreg_____ __________Milk, fresh—Chicago______________________ _______ ______New York__________________________________San Francisco______________________________Onions, fresh, yellow, Chicago....... ................................Peanuts, No. 1, Norfolk, Va______________________Potatoes—White, good to choice, Chicago. ....................... .......Sweet, No. 1, Philadelphia___________________Rice, New Orleans-Blue Rose, head, clean___ ___________________Honduras, head, clean_______________________Tobacco, average warehouse sales, State of Kentucky,

$ 4 7 , 1 5 1 0 . 5 3 0 . 1 51 5 9 , 7 7 2 1 . 8 0 . 5 12 3 6 , 1 8 0 2 . 6 6 . 7 61 6 7 , 3 9 6 1 . 8 9 . 5 48 1 , 4 6 7 . 9 2 . 2 6

9 5 , 8 8 3 1 . 0 8 . 3 13 9 0 , 7 6 7 4 . 4 0 1 . 2 63 5 2 , 0 1 9 3 . 9 7 1 . 1 31 3 4 , 5 3 3 1 . 5 2 . 4 35 2 , 6 1 3 . 5 9 . 1 7

4 9 5 , 9 0 9 5 . 5 9 1 . 6 08 7 8 , 9 4 0 9 . 9 1 2 . 8 32 7 8 , 1 9 4 3 . 1 3 . 9 08 2 7 , 5 9 9 9 . 3 3 2 . 6 6

1 5 , 6 1 4 . 1 8 . 0 51 1 3 , 3 6 3 1 . 2 8 . 3 69 , 4 7 3 . 1 1 . 0 36 5 , 0 5 1 .73 . 2 17 8 , 3 0 7 . 8 8 . 2 55 1 , 0 3 4 . 5 7 . 1 61 0 , 2 0 5 . 1 1 . 0 3

1 , 0 6 2 , 5 1 2 1 1 . 9 7 3 . 4 25 4 6 , 8 6 4 6 . 1 6 1 . 7 61 5 6 , 0 2 6 1 . 7 6 . 5 03 9 , 1 3 5 . 4 4 . 1 39 9 , 2 3 1 1 . 1 2 . 3 21 1 , 7 1 1 . 1 3 . 0 41 1 , 0 7 3 . 1 2 . 0 41 4 1 , 2 1 0 1 . 5 9 . 4 54 3 , 7 4 0 . 4 9 . 1 41 4 , 9 1 8 . 1 7 . 0 55 5 , 1 1 0 . 6 2 . 1 8

1 2 7 , 7 0 5 1 . 4 4 . 4 16 3 , 0 1 4 . 7 1 . 2 08 4 , 8 0 7 . 9 6 . 2 72 7 , 9 8 5 . 3 1 . 0 99 9 , 0 1 4 1 . 1 2 . 3 23 4 , 7 9 5 . 3 9 . 1 15 4 , 6 1 0 . 6 2 . 1 85 1 , 1 5 2 . 5 8 . 1 6

2 , 0 1 2 . 0 2 . 0 16 , 0 1 0 . 0 7 . 0 22 6 3 , 4 3 9 2 . 9 7 . 8 53 4 5 , 0 0 4 3 . 8 9 1 . 1 16 8 , 3 9 3 . 7 7 . 2 21 4 , 4 3 5 . 1 6 . 0 54 7 , 6 7 6 . 5 4 . 1 5

9 9 , 2 4 9 1 . 1 2 . 3 22 5 , 2 8 2 . 2 8 . 0 84 0 , 5 5 9 . 4 6 . 1 32 0 , 2 9 7 . 2 3 . 0 72 2 2 , 6 4 2 2 . 5 1 . 7 2

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RELATIVE IMPORTANCE OF COMMODITIES AS MEASURED BY THEIR ESTI­MATED WHOLESALE VALUES IN EXCHANGE, 1924—Continued

224 WHOLESALE PftlCES, 1890 TO 1924

EstimatedValue expressed as percentage of aggregate value of—

Group and commodity value in ex­change (000 omitted) Com­ Allmod­ities in groupcom­mod­ities

Group I.—Farm products—Continued

(c) Other farm products—Continued.Wool, Ohio, B oston-Fine, clothing, scoured__________ _______Fine, delaine, scoured___________________Half blood, scoured______________________One-fourth and three-eighths grades, scoured.Farm products----------- ---------------

$194,152 2.19 0. 6275,940 .86 .2490,586 1.02 .2991,507 1.03 .298,873,265 100.00 28.54

Group II.—Foods

(а ) Meats:Beef, fresh—Carcass, good native steers, Chicago________Sides, native, New York__________________Beef, salt, extra mess, New York______________Hams, smoked, Chicago_____________________Lamb, dressed, Chicago._____________________Mutton, dressed, New York__________________Pork, fresh—Loins, Chicago----------------------------------------Loins, western, New York------------------------Pork, cured—Mess, salt, New York_____ ______________Sides, rough, Chicago_____________________Sides, short clear, Chicago________________Poultry, dressed—Hens, heavy, Chicago____________________Fowls, 48-54 pounds to dozen, New York___Veal, dressed, good, Chicago__________________(б ) Butter, cheese, and milk:Butter, creamery—Boston-Extra................................... .......... .................Firsts_______________________________Seconds-------------------------------------------Chicago-Extra----------- ----------------------------------Extra firsts__________________________Firsts----------- ------ ------ ------- --------------Cincinnati—Extra............. ............................... .................Centralized firsts_______ _____________Centralized seconds__________________New Orleans-Fancy_______ ______ ________________Choice...................................... ......................New York—Extra____________ __________________Firsts______________________________Seconds. ____ _______ _____________Philadelphia-Extra___ ___________ ________________Extra firsts__________________________Firsts. ............................ ..............................St. Louis—Extra........ ....................................................San Francisco-Extra_________ ____________ ________Prime firsts_________________________Cheese, whole milk—American twins, Chicago_________________State, fresh flats, colored, average, New York. California, flats, fancy, San Francisco.............1 Less than one one-hundredth of 1 per cent

$424,146 5.02 1.37374, 700 4.44 1. 2110, 860 .13 .03279, 369 3. 31 .9085, 318 1. 01 .2724,648 .29 .0887, 223 1.03 .2889,906 1. 07 .29

192,865 2.28 .6292, 731 1.10 .3099,439 1.18 .3268,268 .81 .2279,957 .95 .2665,638 78 .21

13,326 .16 .0444, 620 .53 .146,023 .07 .0232, 534 .39 .10110, 759 1.31 .3615,010 .18 .05

724 .01 0)2,436 .03 .01334 0) 0)5,296 .06 .0212,090 .14 .04

32,696 .39 .11109,188 1.29 .3514,485 .17 .057,618 .09 .0225,913 .31 .083,460 .04 .01

16,081 .19 .056,214 .07 .0213, 866 .16 .04

76,644 .91 .2515, 598 .19 .054,622 .05 .01

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APPENDIXES 225RELATIVE IMPORTANCE OF COMMODITIES AS MEASURED BY THEIR ESTI­MATED WHOLESALE VALUES IN EXCHANGE, 1924—Continued

Group and commodityEstimated value in ex­

Value expressed as percentage of aggregate value of—change (000 omitted) Com­mod­ities in group

Allcom­mod­ities

Group II.—Foods—Continued

(6) Butter, cheese, and milk—Continued.Milk, fresh—Chicago_________________________ _________________ ____ $263,439 345,004 68, 393 99, 520 120, 69151, 034

199, 447 24, 922

3.12 (2)(2)(2)0.32New York.. __ _________________ ______________________ 4.09San Francisco_________ _______________________ ______ .81Milk, condensed, 14-ounce tins, New York_____________________ 1.18Milk, evaporated, 16-ounce tins, New York____________ __ __ - 1.43 .39(c) Other foods:"Beans, medium, choice, New York____________________ ______ .60 (*)

. 64Bread—Chicago____________ _________________ __________ __ 2.36Cincinnati____________ ________________ _______________ .30 .08New Orleans________ __________________________________ 23, 583 389, 438 34, 989 52, 907 210, 534

.28 .08New York______________________________________________ 4. 61 1. 25San Francisco______________ ___________________________ .41 . 11Cocoa beans, Arriba, New York_____ ______________________ .63 . 17Coffee, Rio, No. 7, New York____ ___ ____________ _ _ _ ___ 2. 49 .68Copra, South Sea, sun dried, New York___ ________ _________ 9, 331 39,135

. 11 .03Eggs, fresh—Firsts, western, Boston___ _ ______________________ _ __ .46 (2)(2)(2)(2)(2)(2)(2).04

Firsts' Chicago__________________________________________Extra firsts, Cincinnati___ _ ______ _____ ___ 99. 231 11, 711 11, 073 141, 210 43, 740 14, 91811,018 4,703 1,642 67, 354

1.18 . 14Candled, New Orleans_________________________________ - . 13Firsts, New York._____ _____________ _____ ________ . 1.67Extra firsts, western, Philadelphia___ ______ _ _ _ . 52Extra pullets, San Francisco______________________________ . 18F ish -Cod, large, shore, pickled, cured, Gloucester, M ass.,................ . 13Herring, large, split, New York__________________________ _ . 06 .02Mackerel, salt, large, 3s, Boston. _ ___________________ ____ . 02 .01Salmon, canned, Alaska, red, factory________ _____________ . 80 . 22Flour, rye, white, Minneapolis____________________ ______ ___ 12, 916249, 257 73,109 281, 735 90, 717 105, 242

. 15 .04Flour, wheat—Winter patents, Kansas City __ ___________ 2. 95 .80Winter straights, Kansas City- __ _____________________ .87 . 24Standard patents, M in n e a p o lis__________ ____ ___ ____ 3. 34 .91Second patents, Minneapolis__________________ _ _ _____ 1. 07 . 29Patents, Portland, Oreg__ _____ ______ ___ ___ 1. 25 . 34Patents, soft, winter, St. Louis________________ ______ __ 56, 775 16, 714 42, 33227, 745 31, 7766,4813,025

. 67 . 18Straights, soft, winter, St. Louis __ ________ ___________ .20 .05Patents, Toledo_____ __________________ _______________ . 50 . 14Fruit, canned, New York—Peaches, California, standard 2^ s______________ ________- .33 .09Pineapple, Hawaiian, sliced, standard 2Hs__________________ .38 . 10Fruit, dried, New York—Apples, evaporated, State, choice___ __________ ____ .08 .02Currants, cleaned, Patras______ ___________________ _____ .04 .01Prunes, California 60-70s____ ______ ____________________ 8,796 22, 087 . 10 .03Raisins, coast, seeded, bulk___________ ___________________ .26 .07Fruit, fresh—Apples, Baldwin, Chicago____ ___ ________________________ 118, 759 86, 170 24, 1461.40 .38Bananas, Jamaica, 9s, New York_______ __________ ______ 1.02 .28Lemons, California, (300-360 count), Chicago____________ .29 .08Oranges, California, choice, C h i c a g o ....................... . 127, 993 56, 389 5, 941 182, 686

28, 848 41, 728 45, 528

1. 52 .41Glucose, 42° mixing, New Y o r k . _________________________ .67 .18Hominy grits, bulk, car lots, f. o. b. mill...................................... ...... .07 .02Lard, prime, contract, New York............. .......... ................................... 2.16 .59Meal, corn—White, f. o. b. mill .............................. .............................................. .34 .09Yellow, Philadelphia____ ________ __________ ________ .49 .13Molasses, New Orleans, fancy, New York............................................ . 54 .15Oatmeal, car lots, in sacks (90 pounds), New York......... ..................... 25,987 ' 77, 403 .31 .08Oleomargarine, standard, uncolored, Chicago................ ...................... .92 .25Oleo oil, extra, Chicago.... ......................................................................... 19, 648 2, 71440, 55920, 297 122,428

.23 .06Pepper, black, New York.... .................................................................... .03 .01Rice, New Orleans-Blue Rose, head, clean........ .......................................... ................... .48 (2)(2),39Honduras, head, clean______________________________ _____ .24Salt, American, medium, Chicago....................................... ................... 1.452 Included in farm products.

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2 2 6RELATIVE IMPORTANCE OF COMMODITIES AS MEASURED BY THEIR ESTI­MATED WHOLESALE VALUES IN EXCHANGE, 1924—Continued

WHOLESALE PRICES, 1890 TO 1924

EstimatedValue expressed as percentage of aggregate value of—

Group and commodity value in ex­change (000 omitted) Com­ Allmod­ities in groupcom­mod­ities

Group II.—Foods—Continued

(c) Other foods—Continued.Sugar, New Y ork-Granulated, in barrels___________________________________ $586,637 424,124 3,446 29,61830,464 25, 091 32,42914,43599,249 25,28225.947

6. 95 1.89Raw, 96° centrifugal.___________ _____________ ______ ____ 5.02 1.36Tallow, edible, Chicago__________________________ __________ .04 .01Tea, Formosa, fine, New York_______________________________ .35 . 10Vegetables, canned—Corn, Maryland, standard, New York_________ _______ ___ .36 . 10Peas, State and western, No. 5, New York______ _______ ___ .30.38 .08Tomatoes, New Jersey, standard, No. 3, New York_________ . 10Vegetables, fresh—Onions, yellow, Chicago____________ . 17 (2)(2)(2)

.08

Potatoes—White, good to choice, Chicago______________ ______ _ 1.18Sweet, No. 1, Philadelphia.................. ........................... __ .30Vegetable oil—Coconut, crude, New York______ ______________ __________ .31Corn, crude, in barrels, New York__ _ __________________ 9,951 127, 235 18,095 28, 674.12 .03Cottonseed, prime, summer, yellow, New York_____________ 1. 51 .41Olive, edible, in barrels, New York_______ ____________ ___ .21 .06Peanut, crude, f. o. b. mill___________ _____ ___ __ ___ .34 .09Soya bean, crucje, in barrels, New York ____ ________ _ 10,999 10,882 . 13 .01Vinegar, cider, 40 grain, in barrels, New York________ ______ _ .13 .03

Foods..__________________ ___________ _________________ 8,442,061 100.00 23.01

Group-HI.—Cloths and clothing

(a) Boots and shoes, factory:Children’s—Little boys’, gun metal, blucher------------------Childs’, gun metal, polish, high cut_________Misses’, black, vici, polish, high cut________Youths’, gun metal, blucher-______ ________Men’s—Black, calf, blucher......................... .....................Black, calf, Goodyear welt, bal_____________Black, dress, Goodyear welt, side leather____Gun metal, Goodyear welt, blucher_________Mahogany, chrome, side, Goodyear welt, bal_Tan, dress, Goodyear welt, calf------------------Tan, dress, Goodyear welt, side leather_____Chocolate, elk, blucher............................... .......Vici kid, black, Goodyear w elt-.......................Women’s—Black, kid, Goodyear welt, 7^-inch lace_____Colored, calf, Goodyear welt, lace Oxford........Kid, McKay sewed, lace Oxford____________Patent leather pump, McKay sewed...... ........(b) Cotton goods, factory:Denims, Massachusetts, 2.20 yards to the pound.. Drillings, brown—Massachusetts, D standard, 30-inch________Pepperell, 29-inch, 2.85 yards to the pound___Flannels—Colored, 4.20 yards to the pound.............. ........Unbleached, 3.20 yards to the p ou n d ............Ginghams—Amoskeag, 27-inch, 6.37 yards to the pound... Lancaster, 26H-inch, 6.50 yards to the pound.. Hosiery-Men’s half hose, combed yarn____ ________Women’s, cotton, silk mercerized, mock seam. Women’s, combed yarn, 16-ounce, mock seam

$26,131 26,89931, 511 39,02166,00051, 51932, 717 46, 254 37, 382 51,504 35, 012 17, 589 63,360

100, 710 107, 881 91, 700 93, 75437,89426, 755 28,40521,038 27,98228,28731,63440,986 37,85427, 553

0.86.891.041.282.17 1.70 1.08 1. 52 1.23 1.69 1.15 .58 2.083.31 3. 55 3.02 3.081. 25.88.93.92.931.04

1. 35 1.25 , 91

0 .08 .09

• .10. 13.21 .17 .11 .15 . 12 .17 .11 .06 .20.32.35.30.30

.08.09

.07 .09 -

.10

.13.12,092 Included in farm products,

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APPENDIXES 227RELATIVE. IMPORTANCE OF COMMODITIES AS MEASURED BY THEIR ESTI­MATED WHOLESALE VALUES IN EXCHANGE, 1924—Continued

Estimated

Value expressed as percentage of aggregate value of—Group and commodity value in ex­change (000 omitted) Com­ Allmod­ities in group

com­mod­itiesGroup HI.—Cloths and clothing—Continued

(6) Cotton goods, factory—Continued.Muslin, bleached, 4/4—Fruit of the Loom____ _ ___________________________ $11,575 10,585 9,575 14,836 84,42930,072

0.38 0.04Lonsdale______________ ____ _____________ .35 .03Rough rider...... ............ ................ _............. _I........ ...................... .32 .03Wamsutta, nainsook __......... ........................................ .49 .05Print cloth, 27-inch, 7.60 yards to the pound___ ________________ 2.78 .27Sheeting, brown, 4/4—Indian head, 2.85 yards to the pound .____ _________________ .99 .10Pepperell, 3.75 yards to the pound_________________________ 29,125 .96 .09Ware shoals, 4 yards to the pound_________________________ 21,011 .69 .07Thread, 6 cord, J. & P. C oats...______________________ _______ 70,212 2.31 .23U nderw ear-Men’s shirts and drawers___________ _____________________ 51,44853,051120,594 128,853 45,550 56,072

2,20075,20084,584 92,258

1.69 .17Women’s union suits, combed yarn__ ____________ ________ 1.75 .17Y a rn -Carded, white, mule spun, northern lt)/l cones____ __________ 3.97 .39Carded) white) mule-spun, northern 22/1 cones_____ _________ 4.24 .41Twisted, ordinary, weaving, 20/2_____'___________ _________ 1.50 .15Twisted, ordinary, weaving, 40/2__________________________ 1.85 .18(c) Woolen goods, factory:Flannel, wnite 4/4, Ballard Vale No. 3......... ..................... .................. .07 .01Overcoating, heavy, 30-31 ounce______________________________ 2.47 .24Suitings—Clay worsted, diagonal, 16-ounce________ _____ . ______ 2.78 .27Middlesex, wool-dyed, blue, 16-ounce______________________ 3.04 .30Serge, 9J^-ounce_____ ___________________________________ 39,871 67,794 1.31 .13Serge, 11-ounce_____________ __________ _________________ 2.23 .22Trousering, cotton warp, 11-llJ^-ounce________________________ 37,71221,450 27.453

1.24 .12Underwear—Merino, shirts and drawers.______________________________ .71 .07M en’s union suits, 33 per cent worsted............ ............................... .90 .09Women’s dress goods—Broadcloth, 9^-ounce, 54-56 inch_________ ________________ 61,830 2.03 .20French serge, 35-inch____________________________________ 21,6408,29614.206.71 .07Poplar cloth, cotton w arp___________________________ _____ .27 .03• Sicilian cloth, cotton warp, 50-inch_________________________ .47 .04Storm serge, double warp, 50-inch............................... ........ ............ 28,900

46,86060,47766,9435,703

54,831 155,014 54,55920,86626,069

.95 .09/a m —Crossbred stock, 2/32s........................... ......... ................................. 1.54 .15Half blood, 2/40s......................................_■.................................. ........ 1.99 .19Fine domestic, 2/50s...... ................................................................... 2.20 .22(d) Silk, etc.:Linen shoe thread, 10s Barbour, New York.......................................... .19 .02Silk, raw, New York—China, Canton filature, extra extra A______________________ 1.80 .18Japan, Kansai, No. 1........... .................... ............................ ............ 5.10 .50Japan, special, extra extra________________________________ 1.80 .18Silk yarn, New Y o rk -Domestic, gray spun, 60/1............................... ................................. .69 .07Domestic, gray spun, 60/2, No. 1—......... ........................................ .86 .08Cloths and clothing................. ............................. ................ 3,039,036 100.00 9.80

Group IV.—Fuel and lighting

(a) Anthracite coal, New York, tidewater:Broken. ................ ............................................................................ ........ $51,587 321,049 177,347 248,059189,844262.905 78,268139,670168,327242,754337,054234.905

1.22 0.17Chestnut.............................................................................. ...................... 7.61 1.03Egg..................................................................................... ........ ................. 4.20 .57Stove............................................................................................................. 5.88 .80(6) Bituminous coal:Mine run, Chicago............................. ................................. .................... 4.50 .61Prepared sizes, Chicago..... ................................................. ................ . 6.23 .85Screenings, Chicago_________ ______________ _________ _______ 1.85 .25Mine run, Kanawha, Cincinnati______________________________ 3.31 .45Mine run, smokeless, New River, Cincinnati___________________ 3.99 .54Mine run, Pocahontas, Norfolk, Va....................................................... 5.75 .78Prepared sizes, Pittsburgh............................ .................... ..................... 7.99 1.08Indiana, No. 4, mine run, f. o. b. Indianapolis...................................... 5.57 .76

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228 WHOLESALE PRICES, 1830 TO 1924RELATIVE IMPORTANCE OF COMMODITIES AS MEASURED BY THEIR ESTI­MATED WHOLESALE VALUES IN EXCHANGE, 1924—Continued

EstimatedValue expressed as percentage of aggregate; value of—

Group and commodity value in ex­change (000 omitted) Com­ Ailmod­ities in groupcom­mod­ities

Group IV.—Fuel and lighting—Continued

(c) Other fuel and lighting:Coke, Connellsville, furnace, at o v en s_______ ______________ $100, 765 655,396 2.39 0. 32Gasoline, motor, New Y ork________ __ __ 15. 53 2.11Matches, average of several brands, New York__________________ 25,410161,243 313,801 105,040157,191 249,385

. 60 . 08Crude petroleum, at wells—California, 20°_______________________i__ ___ __ 3. 82 . 52Kansas-Oklahoma. _ ________ ________________ ___________ 7.44 1. 01Pennsylvania.-._____ __________________________________ 2.49 .34Refined petroleum, New Y ork-Standard white, 110° fire test__________ ____________ ____ 3. 72 . 51Water white, 150° fire test___________________________ _____ 5. 91 .80Fuel and lighting___ _____________ ________________ 4,220,000 100.00 13.58

Group V.—Metals and metal products

(a) Iron and steel:Iron ore, lower lake ports—Mesabi, Bessemer, 55 per cent. ________ _______________ $119,829 175,82891,934 68,002 16,834

4.61 0. 39Non-Bessemer, 5 1 % per cent______________________________ 6. 76 . 57Pig iron—Basic, valley furnace____ _______________ ______ _______ 3. 54 . 30Bessemer, Pittsburgh__________ _____ _ _______ _ 2.62 . 22Foundry, No. 2, northern, Pittsburgh- _ __ ___ . 65 . 05Foundry, No. 2, Birmingham, A la ___ ________ _ _ _ _ 14,854 22,639 2,95415,900 15,292 15,077 39,134 42,276 124,08450,160 186,504 194,167 204, 5409,202 81,399 183,175 126,562 9,670 132,418

26,777 33,08242,898 236,134

. 57 .05Ferromanganese, seaboard__________________________ _ _- _ .87 . 07Spiegeleisen, furnace_______________________ ____________ __ _- . 11 .01Bar iron—Best refined, Philadelphia____________ __________ ____ - . 61 . 05Common, f. o. b. Pittsburgh__________________ '____ _ _ . . 59 .05Bars, reinforcing, Pittsburgh______________ _______ ____ . 58 .05Nails, wire, Pittsburgh_____________________ __ __ _______ 1. 51 . 13Pipe, cast-iron, 6 inch, New York______ _________ __________ 1. 63 * . 14Skelp, grooved, Pittsburgh__________________________________ 4. 77 .40Steel billets, Pittsburgh—Bessemer __ ___________________ ____________ ____ _____ 1. 93 . 16Open h e a r th ____ ^_____________________________________ 7.18 .60Steel merchant bars, Pittsburgh___________ ________________ _ 7. 47 .62Steel plates, tank, Pittsburgh-_ _ _ _ __________ _______ ______ 7. 87 .66Steel rails, Pittsburgh—Bessemer, standard.______ _____________ ______ __________ .35 .03Open hearth, standard._______ ___________________________ 3.13 .26Steel sheets, black, f o. b. Pittsburgh________ _________________ 7.05 . 59Steel, structural shapes, Pittsburgh _______ __________ __ 4. 87 .41Terneplate, 8 pounds, I C., Pittsburgh ____ _ ______________ .37 .03Tin plate, domestic, coke, Pittsburgh _ ________________ 5. 09 .43W ire -Barbed, galvanized, Chicago _________ _____________ 1.03 .09Plain, fenee, annealed, Pittsburgh __ ____________ 1. 27 . 11(6) Nonferrous metals:Aluminum, New York . ....................... .......... ............. . 1. 65 . 14Copper, ignot, electrolytic, refinery . ___________________ __ 9.09 .76Copper, sheet, New York _ ................ ................................. 20, 627 .79 .07Copper, wire, bare, mill . . _____________ ____ 50,923 79, 759 9,0491.96 . 16Lead, pig, New York __ ________________ 3. 07 .26Lead pipe, New York. _ _ ___________________________ .35 .03Quicksilver, New York ..................................... ............................. - 2,243 .09 .01Silver, bar, fine, New York __ __________________ 38,039 44,922 9,8271.46 . 11Tin, pig, New York _ . _ _______ ___________ 1.73 . 14Zinc, sheet, factory. __ __ __ ______________________ .38 .03Zinc, slab, New York __ _____ ________________ 62, 503 2.40 .17

Metals and metal products _ _ _____ ________________ 2, 599, 217 100.00 8.35

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A PPE N D IX E S 229RELATIVE IMPORTANCE OF COMMODITIES AS MEASURED BY THEIR ESTI­MATED WHOLESALE VALUES IN EXCHANGE, 1924—Continued

Value expressed as percentageEstimated of aggregate value of—

Group and commodity value in ex­change (000' omitted) Com­ Allmod­ities in groupcom­mod­ities

Group VI.—Buildii.« materials

(a) Lumber:Douglas fir, mill—No. 1 common, boards____________ _____ ________________ $76,366 46,002 46,829 63, 958 57,300

3. 84 0.25No. 2 and better, drop siding_____ ____________ _____ _____ 2.31 . 15Gum, sap, firsts and seconds, St. Louis __ _ _ _ _ ___ 2.35 . 15Hemlock, northern, No. 1, Chicago - __- 3. 21 .21Maple, hard, No. 1 common, 4/4, Chicago ' ___ __ 2.88 . 18Oak, white, plain, No. 1 common, 4/4, Cincinnati. __ __ ______ __ 173, 056 101,228205,100 209,630 22,215 34, 702 10, 366

7,092 27,970

8.70 .56Pine, white, No. 2 barn, Buffalo, N. Y ______________________ __ 5.09 .33Pine, yellow, southern, mill—Flooring, B and better ................... __ __ _______ _____ 10.31 .66Timbers, square edge and sound_________________ _ ______ 10.54 .67Poplar, No. 1 common, 4/4, Cincinnati.................... _ ___ __ 1.12 .07Spruce, eastern, random, Boston____ _____________ ___ ___ 1.74 . 12Lath, yellow pine, No. 1, f. o. b. mill_______________________ __ .52 .03Shingles—Cypress, 16 inches long, mill _____ ________ ______________ .36 .02Red cedar, 16 inches long, m ill___ _____ _________ ____ 1.41 .09{b) Brink, nornmnn, building, simple average of 82-vard prices ______ 65,826 126, 562158, 758 47, 374 33,496

3.31 .21(c) Steel, structural shapes, Pittsburgh____ ___ ____________________ 6. 36 (3).51.15

(d) Other building materials:Cement, Portland, f. o. b. plant, simple average of 6 plant prices__Crushed stone, 13 -̂inch, New York_______________________ 7.982.38Gravel, f. o. b. pit, average of 22 plant prices........... . . . ___ __ 1. 68 .11Hollow tile, building, Chicago____________________ _______ ___ 19,834 1. 00 .06Lime, common, lump, f. o. b. plant, average of 15-plant prices ____Sand, building, f. o. b. pit, average of 26-plant prices _ ______ 29,436 14,278 5,2381.48.72 .09.05Slate, roofing, f. o. b. quarry_____ _____________________ ____ .26 .02Glass, plate—3 to 5 square feet, New York _______ _ ______ _________ 13,900 .70 .045 to 10 square feet, New York ____________ ___________ 19, 074 .96 .06Glass, window, f. o. b. works—Single A ___ ___ ______________________ . . _ _ . . _ ___ 14,436 .73 .05Single B ._ ................................................. ......... . _______ 12, 759 61,335 .64 .04Linseed oil, raw, New York______ ________________ __ ______ 3.08 .20Putty, commercial, New York. __________ _ . . . . __ . _____ 2,667 .13 .01Rosin, common to good (B), New York. ______ 14,023 17,566 35,129.70 .05Turpentine, southern, barrels, New York.. ______ . __ ______ .88 .06. White lead, American, in oil, New York. ___ 1. 77 -.11Zinc oxide (white zinc), New York.. _. . ___________ _______ 19,552 42, 276 20,627.98 .06Pipe, cast-iron, 6-inch, New York _____ __________ _ 2.12 (3)Copper, sheet, New York. ______ . _ _ ____ _____ . . . 1.04 (3)Copper, wire, bare, m ill_________ ___ ____________ . ________ 50,923 9,049 39,134

2.56 (3)Lead pipe, New York ___________________ ________ .45 (3)Nails, wire, Pittsburgh______________________________ ____ ._ 1. 97 (3)Reinforcing bars, Pittsburgh ____________________________ 15,077 .76 (3)Roofing tin (terneplate), 8 pounds I. C., Pittsburgh. __________ 9, 670 9,827 .49 (3)Zinc, sheet, factory........................... ................................ .................. .49 (3)Building materials _ ______ . ____ . 1,989,640 100.00 5. 37

Group VII.—Chemicals and drugs

(a) Chemicals:Acids, New York—Acetic, 28 per cent......... ....................... .................................... ........ $1, 699 2,707 2,177 2,260 46, 80732,114 5,271 22, 890 16, 410 3, 263

0.30 0.01Muriatic, 2 0 ° ............................................................... ...................... .49 .01Nitric, 42°_____________ ________________________________ .39 .01Stearic, triple pressed.. _ . ....... ...................... ........ .............. . .41 .01Sulphuric, 66° ........................ ........... .......1____ 8. 38 .15Alcohol, New York—Denatured, No. 5, 188 proof ........................................................ 5. 75 .10Wood refined, 95 per cent _________________ __________ .94 .02Alum, lump, New York ________________ ___________ 4.10 .07Ammonia, anhydrous, New York ____________________________ 2.94 .05Bleaching powder, New York.................................................................. .59 .013 Included in metals and metal products.

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RELATIVE IMPORTANCE OF COMMODITIES AS MEASURED BY THEIR ESTI­MATED WHOLESALE VALUES IN EXCHANGE, 1924-~Continued

230 WHOLESALE PRICES, 1890 TO 1924

Value expressedas percentage of aggregateEstimated value of—Group and commodity value in ex­change (000omitted) Com­ Allmod­ com­ities in mod­group ities

VII.—Chemicals and drugs—Continued

(a) Chemicals—Continued.Borax, crystals and granulated, New York..___________________ $2,216 1, 673 5,480 1,90525, 947 1, 620 3, 878 10,999

. 0.40 0.01Copper sulphate, 99 per cent, crystals, New York__________ _____ .30 .01Copra, South Sea, sun dried, New York_______________ _______ .98 .02Formaldehyde, New Y ork..._________ _______________________ .34 .01Oil, vegetable—Coconut, crude, New York.________ _____________________ 4.65 .08Corn, crude, in barrels, New York________________________ .29 .01Palm kernel, crude, New York... ________________________ .70 .01Soya bean, crude, in barrels, New York __________________ 1. 97 .04Potash, caustic, 88-92 per cent, New York_______ _____________ 861 . 15 0).01Sal soda, New York__ ___________________ _____________ 1,581 47,334 4,955 24,026 4,589 9, 557 22,40929,670 16, 379 1,228

.28Soda ash, 58 per cent, light, New York _________________ ____ 8.48 . 15Soda, bicarbonate, American, f. o. b. works______ ______ . . . ___ .89 .02Soda, caustic, 76 per cent, solid, New York__________ __________ 4.30 .08Soda, silicate of, 40°, New York.. _________ ___________ _____ .82 .01Sulphur, crude, New York______ __________ _________________ 1.71 .03Tallow, inedible, packers’ prime, Chicago. ____________________ 4.01 .07(6) Fertilizer materials:Acid phosphate, 16 per cent basis, bulk, New York___ __________ 5. 32 . 10Ammonia, sulphate, double bags, New York________ _______ . . . 2.93 .05Ground bone, steamed, Chicago. _________________ _ . . . ___ .22 0)0).02Muriate of potash, 80-85 per cent, K. C. L. bags, New York___. . . 675 . 12Phosphate rock, 68 per cent, f. o. b. mines__________________ . . . 5, 234 22,358 8,4831,486

.94Soda nitrate, 95 per cent, New York________ __________________ 4. 01 .07Tankage, 9 and 20 per cent, crushed, f. o. b. Chicago ._ ._ ._ ._ 1. 52 .03(c) Drugs and pharmaceuticals:Acid, citric, domestic, crystals, New York.............. ............. .......... . .27 0).01Acid, tartaric, crystals, U. S. P., New York__________ . _______ 1, 573 .28Alcohol, grain, 190 proof, U. S. P., New York_______ ___________ 120,030 622 21.50 .39Cream of tartar, powdered, New York_________________________ .11 0)0).04Epsom salts, U. S. P., in barrels, New Y ork__________ _______ 1,468 .26Glycerin, refined, New York_________________________ ____ 11,331 6, 202 7,0002.03Opium, natural, U. S. P., New York________________ _________ 1.11 .02Peroxide of hydrogen, 4-ounce bottles, New York______________ _ 1.25 .02Phenol, U. S. P. (carbolic acid), New York_________________ . . . 17,978 1,969 3.22 .06Quinine, sulphate, manufacturers’ quotations, New York____ ____ .35 .01

Chemicals and drugs_____ _______ _____________________ 558,314 100.00 1.82

Group VHI.—House-furnishing goods

(a) Furniture:Bedroom-Bed, combination, factory...................... .............................. ......... $125,248 9,158 28,18812. 05 0.40Chair, all gum, cane seat, factory.................. .......................... ........ .88 .03Chifforette, combination, factory........................................... ........ 2. 71 .09Dresser, combination, f a c t o r y . .... ............. ................. . ......... 38,628 4,863 26,086

113,535 79, 728 35,220147,987 37, 568

3, 546 40,790 5,0058,0683,782

3.72 .12Rocker, quartered oak, Chicago ___ _________ ____________ .47 .02Set, 3 pieces, Chicago___ ___________________ u...................... 2.51 .08Dining room—Buffet, combination, factory______________________________ 10.92 .37Chair, all gum, leather slip seat, factory__ __________________ 7.67 .26Table, extension, combination, factory_____________________ 3.3^ .11Living room—Davenport, standard pattern, factory__ _________________ 14.24 .48Table, library, combination, factory_______________________ 3. 62 .12Kitchen—Chair, hardwood, Chicago______ _________________________ .34 .01Refrigerator, lift-top type, factory________________________ 3.93 .13Table, with drawer, Chicago. ......... .............. ________________ .48 .02(b) Furnishings:Blankets—Cotton, colored, 2 pounds to the pair, factory________________ .78 .03Wool, 4 to 5 pounds to the pair, factory......................................... . .36 .011 Less than one one-hundredth of 1 per cent.

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APPENDIXES 231RELATIVE IMPORTANCE OF COMMODITIES AS MEASURED BY TH EIR ESTI­MATED WHOLESALE VALUES IN EXCHANGE, 1924—Continued

Group and commodity

Value expressed as percentageEstimated value in ex­ value of—change (000 omitted) Com­ Allmod­ com­ities in mod­group ities

Group VIII.—House-furnishing goods—Continued

(6) Furnishings—Continued.Carpets, factory—Axminster, Bigelow.............. .................. ......................................... $59,178 39,571 5.69 0.19Brussels, Bigelow....... ............................................ ........................... 3.81 .13Wilton, Bigelow...... ........................................................................ 32,9821,3644,125116

3.17 .11Cutlery— 'Carvers, 8-inch, factory____ ______________________________ .13 (0.01Knives and forks, factory.................. ................................................ .40Pails, galvanized iron, 10-quart, factory................................................ .01 0).12Sheeting, bleached, 10/4—'Pepper ell, factory. .............................................................................. 36,73084,165

2,099 25,259 4,993 20,068

3.53Wamsutta, factory. ........................................................................... 8.10 .27Tablew are-Glass nappies, 4-inch, factory................ .......................................... .20 .01Glass pitchers, 1^-gallon, factory---................................................. 2.43 .08Glass tumblers, j^-pint, factory....................................................... .48 .02Plates, white granite, 7-inch, factory............................................... 1.93 .06Tea cups and saucers, white granite, factory.................................. 10,036 9,665 1,548.97 .03Ticking, Amoskeag, A. C. A~ 2.85 yards to’ the pound, factory . Tubs; galvanized iron, No. 3, factory............................................... .93.15 .03

0)House-furnishing goods................................ ............................. 1,039,299 100.00 3.34

Group IX.—Miscellaneous

(a) Cattle feed:Bran, Minneapolis..... ............................................................................... $55,998 71,052 7,2522.92 0.18Cottonseed meal, prime, New Y o rk .................................................. . 3.70 .23Linseed meal, New Y ork ............. .......... ................................................ .38 .02Mill-feed middlings, standard, Minneapolis____________________ 58,816

86,9363.06 .19(6) Leather:Calf, chrome, B grade, Boston___________________ ___________ 4.53 .28Glazed kid, black, top grade, Boston. ................................................... 108,916 18,280 58,273

9,253

5.67 .35Harness, California oak, No. 1, Chicago............................................... .95 .06Side, black, chrome, B grade, Boston................ .................................... 3.03 .19Sole, B oston-Oak, in sides, middle weight................................. .......................... .48 .03Oak, scoured backs, heavy ............................................................... 70,112 45,938148,964195,098124,78818,416 8,947 166,820 25,145

3.65 .23Union, middle weight............................. ........................................... 2.39 .15(c) Paper and pulp:P a p e r-Newsprint, rolls, f. o. b. mill............................................................. 7.76 .48Wrapping, manila, No. 1, jute, New York......... ........ ................... 10.16 .63Wood pulp, sulphite, domestic, unbleached, New York................ . 6.50 .40(d) Other miscellaneous:Hemp, manila, fair, current shipment, Now York...................... ........ .96 .06Jute, raw, medium grades, New York................................................... .47 .03Lubricating oil, paraffin, 903 gravity, New York.............................. . 8.69 .54Rope, pure manila, best grade, New York.............................. ............. 1.31 .08Rubber, Para, island, fine, New York.................................................. 112,376 22,080

69,651 79,976 44,26898,219 214,680

5.85 .36Sisal, Mexican, current shipment, New York................................... 1.15 .07Soap—fLaundry, Cincinnati........................................................... .............. 3.63 .22Laundry, Philadelphia....................................................................... 4.16 .26Starch, laundry, bulk, New York. ...........................................1............ 2.31 .14Tobacco-Plug, New York................................................................................... 5.11 .32Smoking, 1-ounce bags, New York..................... ......... .................. 11.18 .69Miscellaneous________________________ ________________ 1,920,254 100.00 6.19All commodities_______________________________________ 31,069,231 100.00

Less than one one-hundredth of 1 per cent.

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232APPENDIX C.—WHOLESALE PRICES IN OTHER COUNTRIES

AUSTRALIAIndex numbers showing the course of wholesale prices in Australia are published by the Commonwealth Bureau of Census and Statistics, Melbourne,1 in the Quarterly Summary of Australia Statistics. In the following table are given index numbers for the months from January to December, 1924, as compiled from the publication stated.

IN DEX NUMBERS OF WHOLESALE PRICES IN MELBOURNE, AUSTRALIA, BY GROUPS OF COMMODITIES, JANUARY TO DECEMBER, 1924[Source: Quarterly Summary of Australian Statistics]

[Base: 1911=1000]

WHOLESALE PRICES, 1890 TO 1924

Month Metals and coalJute,leather,etc.

Agricul­turalproduce,etc.Dairyproduce Groceries M eat' Buildingmaterials Chem­icals

Allcommod­ities

January........ ...... 1823 2657 1733 1794 1707 2366 1981 1894 1984February______ 1833 2606 1653 1053 1716 2443 1942 1826 1957March________ 1833 2497 1592 1628 1721 2339 1943 1826 1899A p r il ,________ 1832 2529 1580 1593 1700 2351 1891 1808 1893M a y , , , ____ 1833 2491 1609 1682 1714 2145 1884 1805 1884June__________ 1830 2324 1619 1673 1729 2199 1851 1803 1863July__________ 1834 2308 1629 1721 1731 2077 1825 1788 1855August________ 1835 2282 1688 1673 1719 1987 1762 1784 1843September_____ 1838 2250 1644 1667 1720 2178 1705 1784 1846October_______ 1839 2332 1669 1619 1726 2157 1689 1784 1861November_____ 1841 2347 1659 1535 1729 2221 1674 1784 1859December_____ 1848 2391 1686 1519 1745 2258 1627 1784 1878

AUSTRIAThe Federal Bureau of Statistics (Bundesamt fur Statistik) of Austria computes an index number from the wholesale prices of 42 commodities taken at the middle of each month. Of these, 22 are foods and 20 are materials used in industry. The first half of 1914 forms the base period.

INDEX NUMBERS OF WHOLESALE PRICES IN AUSTRIA, JANUARY TO DECEMBER,1924[Source: Statistische Nachrichten]

Year and month

January-June, 1914=1 January-June,1914=100

1924January_______________________ ______________ 16792 23130 18748 130February___ ___________________ _____________ 17335 23245 19158 133March______________ ____________ I_______ __ 17564 22605 19120 133April_______________ ______________________ _ 18220 22253 19465 135May______ ___________________ _____________ 18252 22183 19465 135June_________ ___ ______ ________ ____ ____ 16765 21679 18282 127July............ ................. _ _ _ ___________________ 18018 21631 19133 133August_______________________________________ 19195 22244 20136 140September_________ ____________________ ______ 18469 21397 19373 135October........... ........ ......................... ..................... ........ 19300 21847 20086 139November. ___ ______________ 20106 22245 20766 144December................... ........ ..................................... ....... 20012 22416 20754 144

Foods IndustrialmaterialsAll commodities

Currency Gold

1 For an explanation of the index numbers published by the Bureau of Census and Statistics of Australiasee U. S. Bureau of Labor Statistics Bulletin No. 284, pp. 175-184.

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APPENDIXES 233BELGIUM

Index numbers of wholesale prices, computed according to the chain system, are published by the Ministry of Industry, Labor, and Food Supplies of Belgium. The series elates only from August, 1921, and the number of commodities included varies somewhat from month to month. In the following table are shown the index num­bers for. the months of 1924,2 average prices in April, 1914, being taken as the base, or 100.INDEX NUMBERS OF WHOLESALE PEICES IN BELGIUM, JANUARY TO DECEMBER,1924

[Source: Revue du Travail][Base: Average prices in April, 1914=100]

Group Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec.

Foodstuffs_______________ 602 693 623 521 554 546 527 519 558 590 592 593Fuel____________________ 709 655 691 687 677 639 641 612 612 569 574 575Tar and its derivatives _ _. _ 831 785 760 612 648 620 573 543 521 503 614 632Metal products ________ 553 , 626 620 513 505 527 519 492 474 481 511 515Petroleum products_______ 544 730 730 636 670 681 655 585 568 541 562 563Ceremics _________ _ __ 610 615 625 636 628 635 634 624 609 598 602 605Glassware______ _______ _ 623 660 660 586 541 541 534 507 481 481 492 474Chemicals __________ __ 498 526 530 502 454 487 502 480 469 464 468 451Mineral fertilizers. _______ 500 581 535 476 434 448 452 437 441 450 449 449Oils and fats _ _ _ . ______ . 547 639 573 485 500 509 529 517 536 560 574 574Textiles___ _____________ 800 919 890 754 800 816 844 837 845 835 861 854Building materials ______ 493 509 518 508 504 508 502 495 512 510 509 498Resin products________ _ _ 702 776 782 621 610 594 593 593 596 630 637 646Hides and leather products.. 410 457 452 405 399 400 400 405 413 413 418 418Tobacco _______________ 636 682 682 614 614 614 614 614 545 545 545 545Paper___________________ 637 665 665 641 641 641 641 641 641 641 641 641Rubber._________________ 159 181 140 115 113 114 131 145 153 184 194 211All commodities__________ 580 642 625 555 557 565 566 547 550 555 569 566

CANADAThe Dominion Bureau of Statistics of Canada publishes each month a weighted index number of wholesale prices covering 236 commodi­ties. Average prices in 1913 form the basis for the comparisons. The data in the following table are from published reports of the minister of trade and commerce.

2 For index numbers for preceding months see U. S. Bureau of Labor Statistics Bulletin No. 320, p. 261: No. 335, p. 214; and No. 367, p. 249.

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WEIGHTED INDEX NUMBERS OF WHOLESALE PRICES IN CANADA, JANUARY TO DECEMBER, 1924[Source: Dominion Bureau of Statistics]

[Base: Average prices in 1913=100] i

C om m od itiesN u m ­ber of com ­m od i­ties

Janu­ary F eb ru ­ary M arch A pril M a y June J u ly A u gu st Sep­te m ­ber O ctober N o ­v e m ­ber

D e ­cem ­ber

A v e r ­age

T o ta l in d ex 236 co m m o d itie s_______ _________ ___________ 236 156.7 156.6 154.2 150.9 150.5 152.2 153.8 156.7 153.6 156.8 157.6 160. 6 155.2CLASSIFIED ACCORDING TO CHIEF COMPONENT MATERIAL

V egeta b le p rod u cts_____________________ •----------------------------------- 67 139.0 141.3 142.1 138.7 140.6 147.4 158.6 167.5 160.9 168.5 169.5 174. 0 153.8A n im als an d their p r o d u c ts______________ ____________________ 50 137.9 136.2 127.4 120.3 117.8 119.1 119.9 125.2 126.3 132.1 134.7 139. 9 129.4F ib ers, tex tiles, and tex tile p rod u cts______________________ ___ 28 216.5 213.6 206.3 204.9 205.0 205.4 204.7 199.7 191.6 193.1 193.2 195. 0 202.5W ood , w oo d p rod u cts, an d p a p er- __________ ____________ __ 21 176.0 174.3 173.8 170.5 170.4 170.4 162.5 161.4 159.3 157.2 156.9 156. 8 165.8Iron an d its p rod u cts___________________ _____________________ 26 168.5 167.3 166.1 165.8 163.4 161.0 159.2 157.4 155.4 155.2 154.8 158. 1 161.0N on ferrou s m eta ls an d th eir p r o d u c ts_________________________ 15 94.5 96.2 98.1 94 .2 94 .2 93.4 93.1 96.5 96.5 97.2 99 .8 101. 5 96 .3N o n m e ta llic m inerals an d their p ro d u cts . ---------------------------- 16 185.5 187.8 187.8 185.9 186.0 184.6 184.9 184.2 183.2 179.6 177.8 177. 6 183.4C h em ica ls an d allied p r o d u c ts_________________________________ 13 168.4 168.4 170.6 170.3 169.3 167.4 154.5 154.1 154.8 154.8 154.8 154. 4 161.8

CLASSIFIED ACCORDING TO ORIGIN 1F arm :(a) F ie ld ____________________________________________________ 87 151.9 153.5 152.9 149.7 150.8 156.3 164.0 172.8 166.3 173.9 173.8 177. 9 161.1(6) A n im a l_________________________________________________ 53 139.8 138.1 129.0 121.7 118.2 119.9 121.1 126.6 128.0 132.0 134.8 140. 9 130.6

M a r in e _______________________________ -- ------------------ ------------- 8 * 130.4 131.1 133.2 131.5 140.0 133.9 129.3 126.7 134.1 150.0 156.3 156. 7 143.7F o r e s t. ------------------------------- ------------------------------------ ----------- 21 176.0 174.3 173.5 170.4 170.3 170.1 162.5 161.4 159.3 157.2 156.9 156. 9 165.8M in e r a l--------------------------------------------------- --------------------------------- 67 159.1 160.7 161.0 159.7 159.0 167.1 155.6 155.3 154.2 152.1 151.8 152. 3 156.3T o ta l:R aw or p a rtly m anu factured_______________ _______ ________F u lly or ch iefly m anu factured_________ T___________________ 107129 146.1159.5 146.6161.0

143.6159.7 140.5155.0141.4152.7 144.0152.9 147.1154.7 152.6158.2 149.8156.7 154.4

159.0 155.9158.3 159.7160.1 148.5157.3

i These index numbers, as published for successive months, are in some cases not strictly comparable, owing to minor revisions of the data.

234 WHOLESALE PRICES, 1890 TO 1924

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APPENDIXES 235CHINA

The quarterly report on prices published by the Treasury Depart­ment’s Bureau of Markets, Shanghai, China, contains index numbers computed from the prices of 117 articles, divided into eight groups, viz, cereals, other food products, textiles, metals, fuels, building materials, industrial materials, and miscellaneous. The following table has been compiled from the before-mentioned publication:IN D E X NUMBERS OF WHOLESALE PRICES IN SHANGHAI, CHINA, JANUARY TODECEM BER, 1924

[Source: The Shanghai Market Prices Report. Treasury Department’s Bureau of Markets][Base: February, 1913=100]

Group Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec.

Cereals_________________ 139.1 145.6 141.2 131.9 132.7 138.6 143.1 144.6 148.1 145.6 151.8 148.1Other food products______ 154.9 159.8 154.9 156.9 164.2 156.4 153.0 151.9 153.0 153.5 150.3 151.1Textiles.................. ............... 165.7 167.9 165.8 158.7 154.8 156.0 156.5 147.3 146.7 153.6 156.5 157.5Metals________ ________ 157.9 166.6 172.0 167.4 164.5 154.1 153.5 149.2 146.3 160.7 160.1 179.7Fuels........................... .......... 169.9 159.5 157.9 159.3 163.0 162.2 167.7 167.1 166.8 176.1 192.6 177.3Building materials_______ 163.8 160.5 155.9 155.4 149.2 147.7 146.1 140.2 146.8 138.8 141.4 139.2Industrial materials............. 183.5 179.0 170.6 166.9 178.1 176.2 160.4 164.7 162.6 157.5 153.0 151.8Miscellaneous....................... 128.8 130.5 130.5 132.9 131.3 130.3 131.7 131.6 133.4 130.6 135.7 134.6

CZECHOSLOVAKIAThe course of wholesale prices in Czechoslovakia in 1924 is shown by the index numbers in the following table, published by the Office of Statistics of the Czechoslovak Republic. The prices relate to the first of each month and 67 commodities are included.

IN D E X NUM BERS OF WHOLESALE PRICES IN CZECHOSLOVAKIA, JANUARY TODECEM BER, 1924[Source: Cenov§ Zpr&vy, Nr. 1-2, 1925]

[Prices in July, 1914=100]

Number of commodities........ 12 9 15 36 8 7 16 31 67

Month Vege­tablefoodsAni­malfoods

Otherfoods AllfoodsMetalsandcoal

Tex­tilesOther . ma­terials

AHma­terialsAllcommo­dities

January_________________ 769 1067 886 892 1051 1382 932 1063 974February________________ 861 1062 967 955 1006 1385 936 1071 999March_________ _________ 901 961 1014 963 1114 1367 944 1085 1021April.............................. .......... 891 895 1020 946 1089 1391 930 1076 1008May.............. .......... ............. 876 905 1006 937 1059 1426 922 1070 1001June.......................................... 821 902 928 886 1036 1397 922 1057 968July........................................... 795 889 927 873 1044 1334 907 1039 953A ugust............. ............. ........ 960 911 909 926 1064 1342 914 1050 986September............................... 947 1003 828 912 1075 1344 925 1059 982October.................................... 986 1026 858 943 1065 1358 929 1061 999November................................ 1022 1017 864 955 1093 1367 940 1077 1013December.. 1020 985 874 951 1103 1421 967 1105 1024

DENMARKThe Finanstidende, a financial and commercial journal published at Copenhagen, contains index numbers of wholesale prices of 33 commodities, divided into two groups—foodstuffs and industrial materials. Prices in the period from July 1, 1912, to June 30, 1914, form the basis for the comparisons. First of month prices are used,

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236 WHOLESALE PRICES, 1890 TO 1924I N D E X N U M B E R S O F W H O L E S A L E P R I C E S I N D E N M A R K , J A N U A R Y T O D E C E M .B E R , 1 9 2 4 .

[ S o u r c e : F i n a n s t i d e n d e ]B a s e : P r i c e s J u l y 1 , 1 9 1 2 , t o J u n e 3 0 , 1 9 1 4 = 1 0 0 ]

M o n t h F o o d ­s t u f f s( 1 0 )I n d u s ­t r i a lm a t e r i a l s( 2 3 )

A l l c o m ­m o d i t i e s ( 3 3 )

J a n u a r y . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 0 7 2 1 2 2 1 0F e b r u a r y _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 2 2 3 2 2 2 2 2 3M a r c h _ _ _ _ * _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 2 2 8 2 2 6 2 2 7A p r i l _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 2 2 6 2 2 9 2 2 8M a y _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 2 2 4 2 2 5 2 2 5J u n e _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 2 1 6 2 2 1 2 1 9J u l y _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 2 2 1 2 1 9 2 2 0A u g u s t _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 2 4 4 2 2 7 2 3 3S e p t e m b e r _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 2 3 5 2 2 8 2 3 1O c t o b e r _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 2 4 5 2 2 6 2 3 4N o v e m b e r _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 2 4 4 2 2 3 2 3 1D e c e m b e r _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 2 4 4 2 2 4 2 3 2

EGYPTIndex numbers of wholesale prices in Cairo and Alexandria are compiled monthly by the Statistical Department of the Ministry of Finance of Egypt. The average price of each commodity during the period from January 1, 1913, to July 31, 1914, has been taken as 100 and prices for each month calculated as percentages of that base. The geometric mean of such percentages constitutes the index number, without regard to the importance of the articles. Twenty- six commodities, of which 21 are foods, are included. The 1924 figures for Cairo follow.

I N D E X N U M B E R S O F W H O L E S A L E P R I C E S I N C A I R O , E G Y P T , J A N U A R Y T O D E ­C E M B E R , 1 9 2 4 .[ S o u r c e : M o n t h l y A g r i c u l t u r a l S t a t i s t i c s ]

[ B a s e : A v e r a g e p r i c e s f r o m J a n . 1 , 1 9 1 3 , t o J u l y 3 1 , 1 9 1 4 = 1 0 0 ]

M o n t h I n d e x M o n t h I n d e x M o n t h I n d e x

J a n u a r y _ _ _ _ _ _ _ _ _ 1 3 3 M a y . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 3 5 S e p t e m b e r . . . 1 4 7F e b r u a r y _ _ _ _ _ _ _ _ _ _ _ _ _ _ 1 3 5 J u n e _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 1 3 1 O c t o b e r _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 1 5 6M a r c h _ _ _ _ . . . _ _ 1 3 6 J u l y _ _ _ _ _ _ _ _ _ _ _ _ _ _ 1 3 2 N o v e m b e r 1 5 8A p r i l . _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 1 3 4 A u g u s t _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 1 4 3 D e c e m b e r . . . . . . . . . . . . . . . . . . . . . . . . . 1 5 6

FINLANDThe Central Bureau of Statistics of Finland computes index num­bers of wholesale prices which include 135 commodities divided into eight groups, viz, animal foodstuffs (17 commodities), vegetable foodstuffs (24 commodities), hides and leather goods (7 commodities), lumber products (26 commodities), paper and pulp (9 commodities), textiles (12 commodities), iron and steel (14 commodities), and mis­cellaneous (26 commodities). Monthly prices are expressed as per­centages of prices in the corresponding month of 1913 and are not weighted by commodity quantities in computing the group index numbers. Geometrical averages are employed in the calculations.

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IN D E X NUM BERS OP W HOLESALE PRICES IN FINLAND, JANUARY TO D E C E M ­BER, 1924[Source: Monthly Bulletin of Bank of Finland][Base: Prices in corresponding month, 1913=100)

APPENDIXES 237

Month Animalfood­stuffsVege­tablefood­stuffs

HidesandleathergoodsLum­berprod­ucts

PaperandpulpTex­tiles

IronandsteelMis­cella­neous

Allcom­modi­ties

January_________________ 999 1174 698 1209 878 1291 997 1048 1071February_______ _________ 986 1196 730 1204 874 1287 990 1072 1078March............ .............. ......... 1016 1222 772 1200 870 1323 992 1084 1094April......................................... 987 1227 777 1210 872 1343 988 1091 1095M ay____________________ 970 1229 748 1207 878 1349 987 1082 1090June_____________________ 945 1217 739 1192 878 1346 989 1121 1088July.......................................... 967 1231 748 1186 879 1323 989 1088 1085A ugust._____ ____________ 1011 1268 751 1195 893 1326 989 1142 1111September___ ____________ 1045 1300 744 1157 896 1296 987 1175 1117October__________________ 1023 J3671369 750 1104 897 1282 986 1182 1114November......... ...................... 989 783 1128 914 1291 979 1192 1120December.................... ........... 1029 1378 804 1174 918 1304 977 1197 1139

FRANCEThe quarterly bulletin issued by the General Statistical Office of France contains in each number a table showing index numbers of wholesale prices since 1913.3 The following table has been compiled from various issues of that publication:

IN D E X NUM BERS OF WHOLESALE PR ICES IN FRANCE, JANUARY TO D EC EM ­BER, 1924[Source: Bulletin de la Statistique generale et du Service d’observation des Prix]

[Base: Prices in 1901-1910=100]

Kind and number of commodities Jan. Feb. Mar. Apr. M ay June July Aug. Sept. Oct. Nov. Dec. Year

General index (45)__ 571.1 628.5 577.2 520.2 530.0 537.9 556.0 550.9 561.3 574.6 582.0 586.3 564.7Foodstuffs (20).......... 522.2 573.0 538.2 499.9 503.2 505.9 516.2 509.6 520.2 527.0 530.6 528.4 523.1Vegetable foods (8). _ 484.7 535.0 526.8 475.4 513.9 511.2 505.3 495.6 516.5 547.8 558.7 555.3 518.8Animal foods (8).......Sugar, coffee, cocoa 536.3 545.0 527.7 520.4 491.8 499.2 519.5 524.0 541.5 533.1 542.2 547.2 527.3(4)............................Industrial materials 569.1 705.2 582.0 507.8 504.3 508.4 531.0 508.8 484.8 473.6 451.5 437.1 523.2

Minerals and metals 610.3 672.9 608.4 536.5 551.1 563.6 587.9 583.9 594.2 612.5 623.2 632.7 598.1(7)............................ 566.9 638.8 526.3 465.5 475.1 492.3 517.0 511.0 494.2 521.6 537.5 564.1 525.8Textiles (6)................. 860.4 924.4 841.2 737.8 811.5 806.7 839.9 834.5 874.0 870.2 892.8 896.0 849.1Miscellaneous (12)__ 510.6 567.1 539.8 477.2 465.1 483.5 503.2 501.0 512.7 536.6 538.3 541.2 514.7

GERMANYIndex numbers of wholesale prices for seven groups of commodities are compiled by the German Statistical Office, average prices in the year 1913 being used as the base in the computations. An index number is computed for each of the seven groups from the arithmetic mean of the individual commodity price relatives. The group index numbers are then weighted according to the value of the commodities in each group consumed by the German people during the period 1908-1912 to form the general index, the latter being obtained by multiplying the several group indexes by their appropriate weights and dividing the sum oi the products by the sum of the weights.

3 For an explanation of the index numbers compiled by the General Statistical Office of France see U. S.Bureau of Labor Statistics Bulletin No. 284, pp. 206-209.

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WHOLESALE PRICES, 1890 TO 1924mThe articles included in each group are as follows: Group I—Rye, wheat, barley, oats, and potatoes. Group I I—Butter, lard, sugar, beef, veal, pork, haddock, and codfish. Group I I I—Hops, cocoa, coffee, tea, and pepper. Group IY—Ox and cow hides, calfskins, sole leather, and box calf leather. Group Y—Cotton, cotton yarn, cretonne, linen yarn, jute, and jute yarn. Group VI—Lead, copper, zinc, aluminum, refined nickel, and petroleum. Group VII—Pig iron, hard coal, and lignite.The following table shows the index numbers for each month of 1924, computed from prices in gold marks:

I N D E X N U M B E R S O F W H O L E S A L E P R I C E S I N G E R M A N Y * J A N U A R Y T O D E C E M B E R ,1 9 2 4[ S o u r c e : W i r t s c h a f t u n d S t a t i s t i k , h e r a u s g e g e b e n v o m S t a t i s t i s c h e n R e i c h s a m t ]

[ P r i c e s i n g o l d . B a s e p e r i o d , 1 9 1 3 = 1 0 0 ] -

, M o n t h G r a i na n dp o t a t o e sF a t s , s u g a r , m e a t s , a n d f i s h

C o l o n i a lp r o d u c t s ,h o p sH i d e sa n dl e a t h e r T e x t i l e s

M e t a l sa n dp e t r o ­l e u mC o a l a n d i r o n A l l c o m ­m o d i t i e s

J a n u a r y _ _ _ _ _ _ _ _ _ _ _ _ 8 1 . 8 1 4 0 . 5 1 9 0 . 0 1 4 0 . 3 1 8 5 . 0 1 1 2 . 3 1 3 9 . 7 1 1 7 . 3F e b r u a r y _ _ _ _ _ _ _ _ 7 9 . 6 1 2 8 . 0 2 2 1 . 9 1 4 9 . 4 1 9 1 . 7 1 1 9 . 2 1 3 7 . 3 1 1 6 . 2M a r c h . . . . . . . . . . . . . . . . . . . . . . . . 8 5 . 6 1 3 1 . 4 2 3 1 . 2 1 5 2 . 9 1 7 9 . 1 1 2 5 . 3 1 3 8 . 2 1 2 0 . 7A p r i l _ _ _ _ _ _ _ _ _ _ _ _ _ _ 9 1 . 4 1 2 8 . 9 2 2 8 . 1 1 4 9 . 3 2 0 9 . 4 1 2 3 . 5 1 4 1 . 0 1 2 4 . 1M a y . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 1 . 0 1 2 6 . 4 1 9 5 . 8 1 2 6 . 8 2 1 1 . 6 1 1 7 . 0 1 4 5 . 1 1 2 2 . 5J u n e _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 8 4 . 2 1 1 4 . 2 1 8 0 . 9 1 1 5 . 1 2 0 4 . 1 1 1 3 . 5 1 4 4 . 5 1 1 5 . 9J u l y _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 9 0 . 1 1 1 7 . 2 1 7 2 . 8 1 0 6 . 1 1 9 3 . 7 1 1 4 . 1 1 3 1 . 7 1 1 5 . 0A u g u s t _ _ _ _ _ _ _ _ _ _ _ _ 9 8 . 7 1 3 1 . 3 1 6 4 . 9 1 0 9 . 7 1 9 2 . 9 1 1 8 . 4 1 2 9 . 5 1 2 0 . 4S e p t e m b e r _ _ _ _ _ _ _ _ _ 1 1 0 . 7 1 3 8 . 7 1 6 1 . 3 1 2 3 . 6 1 9 2 . 5 1 1 9 . 2 1 2 9 . 0 1 2 6 . 9O c t o b e r _ _ _ _ _ _ _ _ . . 1 1 9 . 8 1 4 6 . 6 1 6 5 . 3 1 2 5 . 3 1 9 7 . 3 1 1 9 . 9 1 2 1 . 9 1 3 1 . 2N o v e m b e r _ _ _ _ _ _ _ _ _ 1 1 3 . 0 1 4 2 . 6 1 6 9 . 8 1 3 4 . 7 2 0 4 . 5 1 2 5 . 3 1 2 1 . 7 . 1 2 8 . 5D e c e m b e r — . . . . . . . . . . . . . . . 1 1 7 . 3 1 4 3 . 9 1 7 1 . 0 1 3 5 . 2 2 0 9 . 8 1 3 0 . 9 1 2 1 . 8 1 3 1 . 3

GREAT BRITAINIndex numbers of wholesale prices for various groups of com­modities in Great Britain are contained in the Board of Trade Journal and Commercial Gazette, published by the Board of Trade, London.4 In the following table the index numbers for 1924 are expressed as percentages of the averages for the year 1913:

I N D E X N U M B E R S O F W H O L E S A L E P R I C E S I N G R E A T B R I T A I N , J A N U A R Y T OD E C E M B E R , 1 9 2 4[ S o u r c e : B o a r d o f T r a d e J o u r n a l a n d C o m m e r c i a l G a z e t t e ]

[ B a s e : A v e r a g e f o r 1 9 1 3 = 1 0 0 ]

M o n t h C e r e a l s M e a ta n df i s hO t h e rf o o d s T o t a lf o o d

I r o na n ds t e e l

O t h e rm e t a l sa n dm i n ­e r a l sC o t t o n O t h e rt e x ­t i l e s

M i s ­c e l l a ­n e o u sT o t a ln o tf o o d

A l l • ] c o m ­m o d i ­t i e s

J a n u a r y _ _ _ _ 1 4 5 . 3 1 6 0 . 0 1 8 5 . 8 1 6 3 . 7 1 4 8 . 9 1 4 3 . 3 2 3 6 . 1 1 8 0 . 4 1 5 6 . 9 1 6 6 . 3 1 6 5 . 4F e b r u a r y _ _ _ 1 5 1 . 0 1 5 5 . 0 1 9 4 . 7 1 6 6 . 9 1 4 7 . 5 1 4 9 . 2 2 2 6 . 9 1 8 4 . 2 1 5 8 . 3 1 6 7 . 0 1 6 7 . 0M a r c h _ _ _ _ _ 1 4 8 . 8 1 4 1 . 8 1 9 5 . 6 1 6 1 . 7 1 4 6 . 6 1 5 3 . 7 2 2 0 . 8 1 9 0 . 0 1 5 6 . 1 1 6 7 . 3 1 6 5 . 4A p r i l _ _ _ _ _ _ 1 4 5 . 3 1 4 3 . 2 1 8 5 . 5 1 5 8 . 0 1 4 6 . 4 1 5 2 . 8 2 3 1 . 9 1 9 1 . 9 1 5 5 . 0 1 6 8 . 4 1 6 4 . 7M a y _ _ _ _ _ _ _ 1 4 5 . 7 1 4 7 . 0 1 8 3 . 5 1 5 8 . 8 1 4 5 . 9 1 4 5 . 2 2 3 3 . 4 1 9 0 . 9 1 5 4 . 3 1 6 6 . 3 1 6 3 . 7J u n e _ _ _ _ _ _ _ 1 4 6 . 3 1 4 9 . 5 1 8 1 . 6 1 5 9 . 3 1 4 4 . 0 1 4 1 . 4 2 3 1 . 7 1 8 7 . 8 1 5 4 . 7 1 6 4 . 4 1 6 2 . 6J u l y _ _ _ _ _ _ _ 1 5 4 . 3 1 4 6 . 4 1 7 9 . 3 1 6 0 . 3 1 4 2 . 6 1 4 0 . 6 2 2 8 . 2 1 8 8 . 7 1 5 5 . 4 1 6 3 . 6 1 6 2 . 6A u g u s t _ _ _ _ _ 1 6 6 . 6 1 5 3 . 2 1 7 5 . 9 1 6 5 . 5 1 4 1 . 4 1 4 0 . 1 2 3 0 . 2 1 9 6 . 0 1 5 7 . 6 1 6 4 . 9 1 6 5 . 2S e p t e m b e r — 1 7 5 . 3 1 5 9 . 0 1 7 7 . 4 1 7 0 . 7 1 4 0 . 6 1 3 9 . 6 2 1 8 . 9 2 0 6 . 2 1 5 8 . 8 1 6 4 . 7 1 6 6 . 9O c t o b e r _ _ _ _ 1 8 7 . 4 1 5 9 . 8 1 9 0 . 7 1 7 9 . 3 1 3 7 . 8 1 3 9 . 2 2 2 3 . 7 2 0 9 . 4 1 5 9 . 9 1 6 5 . 1 1 7 0 . 0N o v e m b e r . . . 1 8 2 . 2 1 6 5 . 5 1 8 2 . 2 1 7 6 . 8 1 3 6 . 6 1 4 0 . 6 2 2 5 . 6 2 1 3 . 6 1 6 1 . 1 1 6 6 . 1 1 6 9 . 8D e c e m b e r . . . 1 8 1 . 5 1 6 5 . 3 1 8 0 . 8 1 7 6 . 0 1 3 6 . 1 1 4 1 . 8 2 2 6 . 3 2 1 4 . 7 1 6 2 . 9 1 6 6 . 9 1 7 0 . 1

4 For a full explanation of the index numbers published by the British Board of Trade see U. S. Bureauof Labor Statistics Bulletin No. 284, pp. 259-267.

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APPENDIXES 239INDIA

Index numbers of wholesale prices are contained in the Labor Gazette, published monthly by the Labor Office, Government of Bombay, India. The prices are for Bombay and 44 articles are included:IN D E X NUM BERS OF WHOLESALE PRICES IN BOMBAY, BY GROUPS OF COM M ODI­TIES, JANUARY TO D ECEM B ER , 1924

[Source: Labor Gazette, Bombay][Base: Prices in July, 1914=100]

Group Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec.*

Cereals............ ....................... 102 100 98 98 100 105 105 117 114 113 110 I l lPulses...................................... 101 97 92 92 97 101 101 107 104 104 104 104Sugar......................................Other food.............................. 109 105 98 97 95 95 95 88 88 88 83 75106 108 82 87 91 91 91 92 78 82 88 80AH food......................... ......... 105 104 92 93 96 98 98 97 94 95 96 91Oil seeds.................. ............... 103 102 96 95 98 102 102 109 110 115 110 107Raw cotton.................... ........ 122 111 109 115 115 116 116 116 116 116 104 93Cotton manufactures......... 107 106 108 108 107 107 107 107 105 101 100 100Other textiles.......................... 94 90 122 119 99 104 104 105 94 92 83 87Hides and skins...................... 105 106 94 98 100 100 100 101 97 105 105 141Metals......................................Other raw and manufac­ 91 96 94 93 92 93 93 93 93 92 92 91tured articles....................... 95 95 79 101 98 94 94 95 99 95 95 99All nonfood............................. 104 103 104 105 103 104 104 104 103 102 98 101

All commodities..................... 104 104 100 102 100 102 102 102 100 100 97 97

ITALYA series of wholesale price index numbers for Italy is calculated by Prof. Riccardo Bachi.5 The results are published currently in LTtalia Economica, an annual review of commercial, industrial, agricul­tural, financial, and economic conditions, also in theBollettino di In otizie Economiche, a monthly publication. The following table showing the index numbers, by groups of commodities, for the months oi 1924 as computed on prices in 1920 as the base has been taken from the last-named source:

IN D E X NUM BERS OF WHOLESALE PRICES IN ITALY, JANUARY TO D E C E M B ER ,1924[Source: Bollettino di Notizie Economiche]

[Base: Average prices in 1920=100]

Month Vege­tablefoodsAnimalfoods Chem­icals Textiles Miner­als and metals

Build­ing mate­rials

Othervege­tableprod­ucts

Otherindus­trialmate­rials

Allcom­modi­ties

January...................... 98.6 111.6 64.1 93.8 65.4 84.9 99.1 96.6 91.4February.................... 101.8 107.2 64.5 91.5 66.9 86.2 98.1 96.8 91.7M arch......................... 104.1 108.3 64.5 93.7 67.3 85.8 97.7 96.5 92.7April........................... 104.3 110.6 63.9 95.9 95.2 85.7 94.0 98.8 92.7M ay............................ 103.1 104.8 63.5 95.3 64.3 85.2 95.0 97.9 91.4June............................ 101.5 103.6 63.4 63.4 64.8 84.9 94.2 97.6 90.7July............................. 102.5 103.6 63.1 92.7 65.3 85.5 91.4 97.7 90.9August....................... 103.3 107.3 63.0 92.8 63.8 86.1 90.9 98.4 91.6September................. 107.2 110.4 63.1 91.2 65.5 86.1 96.2 99.1 92.9October...................... 116.7 116.4 63.2 92.7 66.9 85.7 101.8 99.1 96.4November.................. 121.8 119.2 63.6 98.3 67.9 92.9 107.0 98.7 99.4December.................. 127.0 118.1 65.2 103.1 71.2 95.0 110.7 100.7 102.55 For an explanation of the index numbers compiled by Prof. Riccardo Bachi see U. S. Bureau of LaborStatistics Bulletin No. 284, pp. 290-294.

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240 WHOLESALE PRICES, 1890 TO 1924

JAPANIndex numbers of average monthly prices at wholesale in Tokyo are compiled by the Bank of Japan.6 The number of commodities included is 56, the average price in October, 1900, being taken as the base. The figures in the following table are from the Monthly Bulletin of Statistics of the League of Nations:

I N D E X N U M B E R S O F W H O L E S A L E P R I C E S I N T O K Y O , J A P A N , 1 9 1 3 T O 1 9 2 3 , A N D J A N U A R Y T O D E C E M B E R , 1 9 2 4[ S o u r c e : M o n t h l y B u l l e t i n o f S t a t i s t i c s o f L e a g u e o f N a t i o n s ]

[ B a s e : A v e r a g e p r i c e s i n O c t o b e r , 1 9 0 0 = 1 0 0 ]

Y e a r I n d e xn u m ­b e r Y e a r I n d e xn u mb e r Y e a r a n d m o n t h I n d e x n u m - :b e r J Y e a r a n d m o n t h I n d e xn u m ­b e r

1 9 1 3 _ . . . . . . . . . . . . . . . . . . 1 3 2 . 31 2 6 . 31 2 7 . 81 5 4 . 91 9 6 . 4 2 5 9 . 1

1 9 1 9 _ _ _ _ _ _ _ _ _ _ 3 1 2 . 13 4 3 . 22 6 5 . 12 5 9 . 1 2 6 3 . 4

1 9 2 4J a n u a r y _ _ _ _ _ _ _ _ 2 7 9 . 0 2 7 4 . 82 7 2 . 1 2 7 3 . 42 7 1 . 1 2 6 4 . 0

1 9 2 4J u l y _ _ _ _ _ _ _ _ _ _ _ _ 2 5 8 . 42 6 4 . 8 2 7 3 . 12 8 1 . 8 2 8 3 . 62 8 2 . 5

1 9 1 4 _ _ _ 1 9 2 0 _ _ _ _ _ _ _ _ _ _ F e b r u a r y _ _ _ _ _ _ _ _ A u g u s t _ _ _ _ _ _ _ _ _ _1 9 1 5 _ _ _ _ _ _ _ _ _ _ 1 9 2 1 _ _ _ _ _ _ _ _ _ _ M a r c h _ _ _ _ _ _ _ _ _ S e p t e m b e r _ _ _ _ _ _ _1 9 1 6 _ _ _ _ _ _ _ 1 9 2 2 _ _ _ _ _ _ _ _ _ _ A p r i l _ _ _ „ _ _ _ _ _ _ _ O c t o b e r _ _ _ _ _ _1 9 1 7 _ _ _ _ . . 1 9 2 3 _ _ _ _ _ _ _ _ _ _ M a y _ _ _ _ _ _ _ _ _ _ _ _ N o v e m b e r _ _ _ _ _ _1 9 1 8 _ _ _ _ _ _ _ _ _ J u n e _ _ _ _ _ _ _ _ _ _ _ _ D e c e m b e r _ _ _ _ _ _ _

NETHERLANDSThe monthly journal of the Central Statistical Bureau of Nether­lands contains index numbers of wholesale prices calculated on the year 1913 as a base.7 The following table has been taken from the Maandschrift for February 28, 1925:

I N D E X N U M B E R S O F W H O L E S A L E P R I C E S I N T H E N E T H E R L A N D S , 1 9 1 3 T O 1 9 2 4 [ S o u r c e : M a a n d s c h r i f t v a n h e t C e n t r a a l B u r e a u v o o r d e S t a t i s t i e k ]

[ B a s e : P r i c e s i n 1 9 1 3 = 1 0 0 ]

Y e a rG e n e r a l i n d e x n u m b e r ( 4 8 c o m ­m o d i t i e s )

F o o d ­s t u f f s ( 2 8 c o m m o d ­i t i e s )

1 9 1 3 _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 1 0 0 1 0 01 9 1 4 . . _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 1 0 9 1 1 21 9 1 5 _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 1 4 6 1 4 81 9 1 6 _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 2 2 4 2 3 21 9 1 7 _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 2 7 6 2 5 81 9 1 8 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 7 6 2 8 71 9 1 9 _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 3 0 4 2 9 61 9 2 0 _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 2 9 2 2 5 21 9 2 1 _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 1 8 2 1 8 71 9 2 2 _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 1 6 0 1 6 01 9 2 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 5 1 1 4 31 9 2 4 _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 1 5 6 1 5 6

Y e a r a n d m o n t hG e n e r a l i n d e x n u m b e r ( 4 8 c o m ­m o d i t i e s )

F o o d ­s t u f f s ( 2 8 c o m m o d ­i t i e s )

1 9 2 4J a n u a r y _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 1 5 6 1 5 3F e b r u a r y _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 1 5 8 1 5 8M a r c h _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 1 5 5 1 5 4A p r i l . _ _ . . . _ _ _ _ _ _ _ _ _ _ _ _ _ _ 1 5 4 1 5 1M a y . . _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 1 5 3 1 5 0J u n e _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 1 5 1 1 4 9J u l y . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 5 1 1 4 9A u g u s t _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 1 5 1 1 5 1S e p t e m b e r . _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 1 5 8 1 6 1O c t o b e r _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 1 6 1 1 6 6N o v e m b e r . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 6 1 1 6 6D e c e m b e r _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 1 6 0 1 6 4

6 F o r a n e x p l a n a t i o n o f t h e i n d e x n u m b e r s o f t h e B a n k o f J a p a n s e e U . S . B u r e a u o f L a b o r S t a t i s t i c s B u l l e ­t i n N o . 2 8 4 , p p . 3 0 6 - 3 0 8 .7 F o r a n e x p l a n a t i o n o f t h e i n d e x n u m b e r s o f t h e C e n t r a l B u r e a u o f S t a t i s t i c s o f t h e N e t h e r l a n d s s e e U . S . B u r e a u o f L a b o r S t a t i s t i c s B u i . N o . 2 8 4 , p p . 3 0 ^ - 3 0 9 .

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APPENDIXES 241NEW ZEALAND

The Census and Statistics Office of New Zealand compiles each month index numbers of wholesale prices for 8 groups of commod­ities based on the average annual aggregate expenditure in four chief centers of the Dominion in 1909-1913.8 The figures in the following table have been taken from the Monthly Abstract of Statistics, Wellington:IN D E X NUMBERS OF WHOLESALE PRICES IN NEW ZEALAND, JANUARY TO D E ­CEM BER, 1924

[Source: Monthly Abstract of Statistics][Base: Average annual aggregate expenditure, four chief centers, 1909-1913=100]

MonthAgri­cul­turalproduce

Flour,bran,pollard,oat­meal

Wool,hides,tallow,butter,cheese

Generalmer­chandise,crockery

Build­ingmate­rialsLeather

Chem­icalsandma­nuresCoal

Allcom­mod­ities

January_______________ 1518 1567 1607 1809 2094 1635 1318 1907 1807February______________ 1771 1578 1651 1813 2096 1631 1318 1904 1859March_________ _____ 1709 1587 1640 1824 2098 1618 1312 1948 1859April. ________________ 1708 1590 1526 1832 2102 1606 1304 1945 1841M ay. ________________ 1721 1595 1518 1827 2095 1598 1363 1933 1852June__________________ 1734 1605 1502 1833 2100 1580 1359 1937 1854J u l y .................. ................. 1756 1608 1543 1806 2111 1592 1348 1937 1859August________________ 1805 1606 1545 1785 2108 1594 1345 1933 1863September_____________ 1852 1606 1570 1761 2109 1599 1349 1931 1869October_______________ 1829 1606 1554 1773 2110 1599 1350 1923 1866November_____________ 1836 1607 1714 1781 2096 1614 1330 1860 1868December_____________ 1808 1608 1642 1788 2105 1590 1320 1919 1866

NORWAYThe Central Bureau of Statistics of Norway has recently pub­lished index numbers of wholesale prices for the months of 1924 based on average prices in 1913 as 100. The commodities are classified in 11 groups, viz, vegetable foodstuffs; animal foodstuffs; feed and fertilizers; fuel and mineral oils; iron and other metals; brick, cement, and glass; lumber; paper and wood pulp; textiles; hides, leather, aijd shoes; and miscellaneous. The index numbers are weighted and include 95 articles, with 174 price series.

IN D E X NUMBERS OF WHOLESALE PRICES IN NORWAY, JANUARY TO D ECEM B ER ,1924[Source: Statistiske Meddelelser, Nr. 1 og 2,1926]

[Base: Average prices in 1913=100]

Group Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec.

Vegetable foodstuffs.............. 240 270 278 271 259 253 267 291 289 289 304 302Animal foodstuffs.................. 237 242 241 234 234 242 248 253 261 264 268 279Feed and fertilizers................ 238 265 272 285 281 271 254 257 260 270 271 268Fuel and mineral oil- ........... 239 247 255 255 251 249 244 243 234 226 223 223Iron and other metals........... 245 252 256 260 260 256 258 259 255 254 254 259Brick, cement, and glass___ 298 300 304 313 313 318 318 318 318 318 318 318Lumber................................... 269 269 269 269 269 269 269 269 269 269 269 269Paper and wood pulp........... 298 298 298 298 300 302 306 307 309 308 307 304Textiles.................................... 297 305 306 310 312 313 318 325 326 327 327 327Hides, leather, and shoes___ 214 217 222 223 221 225 224 223 226 228 228 229Miscellaneous........................ 267 285 285 279 286 286 290 294 298 304 307 305General index.............. 251 261 264 263 261 262 265 271 272 273 276 279

8 For an explanation of the index numbers published by the Census and Statistics Office of New Zealandsee U. S. Bureau of Labor Statistics Bui. No. 284, pp. 309-315.

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242 WHOLESALE PRICES, 1890 TO 1924POLAND

The fortnightly bulletin of the central statistical office of Poland shows wholesale price changes in that country by means of index numbers computed from prices of 57 commodities. In the following table prices for the months of 1924 are compared with those prevailing in the year 1914 as the base:IN D E X NUM BERS OF WHOLESALE PR ICES IN POLAND, 1924

[Source: Miadomosci Statystyczne][Base: Prices in 1914=100]

Commodities Number of com­modities Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec.

Vegetable foods__Animal foods........ 7 93.7 85.5 86.8 85.8 87.3 84.7 94.1 117.8 135.9 142.1 137.0 134.76 172.3 156.0 143.5 139.8 125.2 113.3 130.4 150.4 160.5 184.7 180.2 181.7Colonial products, sugar................. 4 93.2 107.3 107.0 107.0 106.6 105.7 102.7 107.7 109.0 109.4 109.4 109.4Hides and leather. 6 80.8 91.4 98.8 97.9 76.4 75.0 84.2 96.7 95.2 102.4 101.2 93.8Textiles................. 8 145.6 153.4 158.9 163.1 160.2 145.0 143.4 154.8 151.9 154.7 158.6 160.0Metals and coal.. 11 139.1 132.6 125.1 122.4 119.7 119.4 118.3 118.9 118.9 121.5 123.8 125.7Building mate­rials.................... 7 86.6 91.4 85.1 85.5 79.6 78.3 73.0 72.6 76.9 81.8 89.2 92.4Chemicals............. 8 90.4 90.5 91.1 86.7 88.9 88.7 83.1 79.8 79.9 76.0 71.9 80.0All commodities.. 57 111.2 111.9 110.5 109.1 104.0 100.6 102.3 109.2 112.4 116.4 116.6 118.3

SOUTH AFRICAWholesale price trends in the Union of South Africa are shown by index numbers compiled by the Office of Census and Statistics.9 These index numbers are published in the Monthly Bulletin of Union Statistics.

IN D E X NUM BERS OF WHOLESALE PRICES IN T H E UNION OF SOUTH AFRICA, 1924 [Source: Monthly Bulletin of Union Statistics]

[Base: Index number for 1910=1,000 in each case] •

Group January April July October Year

Metals....................................... 1563 1543 1497 1465 1517Jute, leather, hides, and skins. 1498 1553 1556 1664 1568Grains, meals, etc.................... 1447 1301 1338 1527 1403Dairy produce......................... 1450 1340 1357 1318 1366Groceries................................... 1415 1455 1326 1349 1386M eat.......................................... 1397 1318 1280 1464 1365Building materials.................. 1413 1386 1368 1353 1380Chemicals................................. 1001 980 985 969 984Fuel and light.......................... 1226 1257 1253 1240 1244Soft goods.................................. 2232 2199 2176 2175 2196Miscellaneous........................... 1724 1733 1715 1706 1720All groups.......................... 1478 1420 1404 1491 1448

• For an explanation of the index numbers compiled by the Office of Census and Statistics of the Union of South Africa see U. S. Bureau of Labor Statistics Bui. No. 284, pp. 328-332.

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APPENDIXES 243SPAIN

Index numbers of wholesale prices in Spain are compiled by the Institute of Geography and Statistics of that country (Direction General del Institute> Geografico y Estadistico) and are published in the official Boletin de Estadistica of the Ministry of Labor, Com­merce, and Industry. The index numbers are constructed from prices of 74 articles, divided into two main sections (food and indus­trial materials) and eight groups.IN D E X NUM BERS OF WHOLESALE PRICES IN SPAIN, JANUARY TO D ECEM B ER ,1924

[Source: Boletin de Estadistica][Base period: 1913=100]

MonthAni­malfood

Vege­tablefoodOtherfood,etc.

Fuel,etc.Tex­tilesandleather

MetalsBuild­ingmate­rials

9

Cem-icals,etc.Allcom­modi­ties

(ID (16) (9) (8) (6) (8) (10) (6) (74)

January.................................... 211 58 166 166 207 166 216 159 178February— .............- ............ 209 166 169 169 208 155 214 167 180M arch............ .......................... 209 165 170 172 205 154 213 170 180April........................................M ay........ ................................. 221 163 173 172 211 160 219 169 184201 163 171 168 203 159 219 163 179June.......................................... 202 164 174 169 201 159 214 164 179July.......................................... 221 163 168 167 201 158 220 168 182August..................................... 205 168 178 162 204 169 216 168 182Septem ber............................. 217 171 171 165 196 172 215 172 184October........ ......... .............. . 220 175 171 164 194 187 210 171 186November..................... .......... 229 177 171 168 197 179 214 171 181December................................ 233 181, 171 169 199 177 218 170 198

SWEDENThe Board of Trade (Kommerslcollegium) of Sweden compiles a monthly index number of wholesale prices, using as the base average prices for the year 1913. The number of commodities included is 174, weighted according to their relative importance in the country’s commerce.

IN D E X NUM BERS OF WHOLESALE PRICES IN SW EDEN, JANUARY TO D ECEM B ER ,1924[Source: Kommersiella Meddelanden]

[Base: Average prices in 1913=100]

Commodities Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec.

Vegetable foodstuffs............. 138 T42 143 141 139 138 143 149 157 168 165 166Animal foodstuffs................. 158 152 148 142 146 146 146 152 156 166 165 169Forage and feed......................Fertilizers................................ 142 143 142 145 144 134 131 139 144 160 163 159139 137 138 138 138 138 134 134 134 134 134 134Fuel and lighting................... 152 151 156 152 147 136 136 138 136 137 138 143Metals..................................... 138 135 136 135 134 133 131 131 129 127 126 125Lime, cement, brick, glass.. Woodenware........................... 176 176 175 174 175 176 175 175 175 176 177 179189 193 193 196 193 193 193 193 193 193 193 192Paper and wood pulp............ 170 168 169 170 172 172 165 168 168 168 167 166Textiles.................................... 221 226 225 287 227 227 217 217 217 213 214 215Hides, leather, and shoes___ 128 131 131 131 129 126 125 127 126 127 130 131Rubber goods.........................Chemicals............................... 208 208 203 203 203 203 203 203 203 203 203 203191 194 190 183 181 181 176 179 178 181 181 181All commodities..................... 161 162 162 161 160 158 157 160 163 167 167 168

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244

The course of wholesale prices in Switzerland is shown by a series of index numbers constructed by Dr. Jacob Lorenz, of Zurich, and published by him in Wirtschaftsberichte. The index number includes 71 commodities divided into three groups, viz, consumers’ goods (33 commodities), industrial products (26 commodities), and materials necessary to agriculture (12 commodities).

WHOLESALE PRICES, 1890 TO 1924SWITZERLAND

IN D E X NUM BERS OF WHOLESALE PRICES IN SWITZERLAND JANUARY TO D E C E M ­BER, 1924[Source: Wirtschaftsberichte, Nr. 2, 1925]

[July, 1914=100]

M o n t h C o n s u m e r s ’g o o d s I n d u s t r i a lp r o d u c t sM a t e r i a l s n e c e s s a r y t o a g r i c u l t u r e

A l l c o m ­m o d i t i e s

J a n u a r y _ _ _ _ _ _ _ _ _ _ _ _ 1 8 5 . 2 2 0 3 . 7 1 3 6 . 0 1 8 3 . 2F e b r u a r y . . . . . . . . . . . . . . . . . 2 0 4 . 4 1 3 5 . 1 1 3 5 . 1 1 8 3 . 4M a r c h . . . . . . . . . . . . . . . . . . . . . . . . 1 8 3 . 5 1 9 9 . 1 1 3 1 . 8 1 8 0 . 1A p r i l . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 8 4 . 6 2 0 2 . 3 1 3 0 . 2 1 3 1 . 4M a y _ _ _ _ _ _ _ _ _ _ _ _ _ _ 1 8 3 . 6 2 0 1 . 1 1 2 9 . 6 1 8 0 . 4J u n e _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 1 8 0 . 5 2 0 0 . 6 1 2 6 . 8 1 7 8 . 3J u l y _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 1 8 0 . 2 1 9 1 . 6 1 1 6 . 0 1 7 3 . 3A u g u s t _ _ _ _ _ _ _ _ _ _ _ _ 1 8 0 . 6 1 8 6 . 5 1 0 8 . 6 1 7 0 . 6S e p t e m b e r _ _ _ _ _ _ _ _ _ 1 8 0 . 6 1 7 9 . 8 1 1 8 . 4 1 6 9 . 9O c t o b e r _ _ _ _ _ _ _ _ _ _ _ _ 1 8 0 . 0 1 7 5 . 1 1 2 4 . 0 1 6 9 . 0N o v e m b e r _ _ _ _ _ _ _ _ _ 1 8 1 . 4 1 6 9 . 9 1 2 7 . 2 1 6 8 . 5D e c e m b e r . . . . . . . . . . . . . . . . . . . 1 8 2 . 9 1 7 1 . 5 1 2 7 . 2 1 6 9 . 8

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I N D E XA

Articles. (See Commodities; Prices, wholesale, of specified commodities.) PageAustralia, wholesale prices in ................................................................................................................... ....... 232Austria, wholesale prices in ............................................................................................................................. 232Average wholesale prices of individual commodities, each year, 1890 to 1924, and each month, 1923

and 1924............................................A ..........................................................................................................34-213B

Belgium, wholesale prices in ............................................................................................................................ 233Building materials:

Average and relative prices, 1890 to 1924................................................................. ...........................154-177Commodities, or series of quotations carried, number of..................................................................... 5,6Importance of, relative, as measured by estimated wholesale values in exchange, 1924.................. 229Index numbers and per cent of increase or decrease, 1890 to 1924....................................................... 9Index numbers of, by months, 1915 to 1924............................................................................................ 20,21Table of weights used in computing revised index number of......................................................... 220,221

CCanada, wholesale prices in ......................................................................................................................... 233,234Chemicals and drugs:

Average and relative prices, 1890 to 1924............................................................................................. 176-193Commodities, or series of quotations carried, number of.................................................................... 5,6Importance of, relative, as measured by estimated wholesale values in exchange, 1924.............. 229,230Index numbers and per cent of increase or decrease, 1890 to 1924....................................................... 9Index numbers of, by months, 1915 to 1924............. ................................................... ................ ........ 20,21Table of weights used in computing index numbers of........................................................................ 221

C hina, wholesale prices in ........................................................................................-...................................... 235Cloths and clothing:

Average and relative prices, 1890 to 1924................................................... .........................................100,125Commodities, or series of quotations carried, number of.............................................. ........ .............. 5,6Importance of, relative, as measured by estimated wholesale values in exchange, 1924.............. 226,227Index numbers and per cent of increase or decrease, 1890 to 1924....................................................... 8Index numbers of, by months, 1915 to 1924................................................ ...........................................18,19Table of weights used in computing revised index numbers of....................................................... 218,219

Commodities:Average prices, number of commodities showing changes in, 1923 to 1924........................................ 7Average prices of individual commodities, each year, 1890 to 1924, and each month, 1923 and 1924. _34,213Grouping and weights used in computing index numbers, changes in . . ........................................... 2,3Identical, in raw and manufactured state, index numbers of, 1890 to 1924........................................ 28,29Identical, in raw and manufactured state, index numbers of, by months, 1915 to 1924.................. 30,31Importance of, relative, as measured by estimated wholesale values in exchange, 1924.............. 223-231Index numbers of, by groups and subgroups, 1915 to 1924............................................ - ..................... 10-23Index numbers of all commodities, by years, 1890 to 1924, and by months, 1915 to 1924............. 9,22,23Quotations, series of, carried in present report, and sources of........................................................... 5Quotations, series of, classified as to frequency...................................................................................... 6(See also Prices, wholesale, of specified commodities.)

Czechoslovakia, wholesale prices in ............................................................................................................... 235D

Denmark, wholesale prices in ........................................................................................................—.......... 235,236E

Egypt, wholesale prices in ............................................................................................................................... 236Exchange, estimated wholesale values in, relative importance of commodities as measured by, in

1924................................................................................................................................................................ 223-231Explanation of tables showing prices...................................................................................................... 5,6,34,35

FFarm products:Average and relative prices, 1890 to 1924................................................................................................. 36-69Commodities, or series of quotations carried, number of..................................................................... 5,6Importance of, relative, as measured by estimated wholesale values in exchange, 1924.............. 223,224Index numbers and per cent of increase or decrease, 1890 to 1924....................................................... 8Index numbers of, by months, 1915 to 1924............................................................................................. 16,17Table of weights used in computing revised index numbers of....................................................... 215,216

Finland, wholesale prices in .......................................................................................................................... 236,237245

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Average and relative price#, 1890 to 1924....................... .......................................................................70-101Commodities, or series of quotations carried, number of________ ________ *______ ______ ___ 5,6Importance of, relative, as measured by estimated wholesale values in exchange, 1924............ 224-226Index numbers and per cent of increase or decrease, 189^to 1924__________ ________________ 8Index numbers of, by months, 1915 to 1924-----------------------.'------------ -------------------------------16,17Table of weights used in computing revised index numbers of........... ...........................................216-218

France, wholesale prices in____ ____*.................... ..................................................................................... 237Fuel and lighting:

Average and relative prices, 1890 to 1924................ .......... ................. ................................................126-135Commodities, or series of quotations carried, number of_________________________ ________ 5,6Importance of, relative, as measured by estimated wholesale values in exchange, 1924— ........ 227,228Index numbers and per cent of increase or decrease, 1890 to 1924........... ................. .................... . . . 8Index numbers of, by months, 1915 to 1924__________________________ ___________________18,19Table of weights used in computing revised index numbers of........................................................... 219

GGermany, wholesale prices in . . - ...................................... ......................................................................... 237,238Great Britain, wholesale prices in............. .......... ............................. .......... ........ ......................................... 238Grouping of commodities, changes in ........................................... ................................................................. 2

HHouse-furnishing goods:Average and relative prices, 1890 to 1924......................................................... .................................. 194-203Commodities, or series of quotations carried, number of_________________________________ 5,6Importance of, relative, as measured by estimated wholesale values in exchange, 1924___r.____ 230,231Index numbers and per cent of increase or decrease, 1890 to 1924................................. ................ . 9Index numbers of, by months, 1915 to 1924_________ _______________ _______________ _____22,23Table of weights used in computing revised index numbers of.......................................................... 222

IImportance, relative, of commodities as measured by estimated wholesale values in exchange, 1924 _. 223-231 Index numbers of wholesale prices:

Australia.................................................................................................. 232Austria_______________________________________________________________________ 232Belgium ............... ................. ......................................... ...................... .......................... ......... .............. 233Canada............................................................ 233,234China......... ....................................................... ......... .............. ........... ......................... ................ ....... 235Czechoslovakia..... .............................. 235Denmark................ 235,236Egypt................. ...... ................................................._•.......... .............. .................................................... 236Finland.............. 236,237France........................................................................ 237Germany................... 237,238Great Britain............................................................................................................................ 238India.............................................................................................................................................................. 239Italy.............................................................................................................................................................. 240Japan........................................................................................................................................................... 240Netherlands................................................................................................................................................. 240New Zealand................................................................................................................................................ 241Norway......................................................................................................................................................... 241Poland..... ..................................................................................................................................................... 242South Africa................................................................................................................................................ 242Spain............................................................................................................................................................. 243Sweden.......................................................................................................................................................... 243Switzerland.................................................................................................................................................. 244United States—

Commodity groups, 1890 to 1924....................................................................................................... 8,9Commodity groups, by months, 1915 to 1924..................................... 16-23Identical commodities in raw and manufactured state, 1890 to 1924.............................................. 28,29Identical commodities in raw and manufactured state, by months, 1915 to 1924...................... 30,31Method of computation of.................... 3-5Table of weights used in computing............. 215-222

India, wholesale prices in .................. 239Italy, wholesale prices in........................................................................................................................ 239

JJapan, wholesale prices in ................................................................................................. ......................--- 240

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INDEX 247M Page

Manufactured and raw commodities, index numbers of, 1890 to 1924....................................................... 28,29Manufactured and raw commodities, index numbers of, by months, 1915 to 1924..................... .......... 30,31Markets and series of quotations carried.............. ............. ...................... .......... .......................................... 5,6Metals and metal products:

Average and relative prices, 1890 to 1924............................................ ............................................... 136-155Commodities, or series of quotations carried, number of------------------------- ------- . ---------------- 5,6Importance of, relative, as measured by estimated wholesale values in exchange, 1924........... 228Index numbers and per cent of increase or decrease, 1890 to 1924-------------------- _....... 8Index numbers of, by months, 1915 to 1924-------------------------------------------------------------------- 18,19Table of weights used in computing revised index numbers of.................. ..................... .............219,220

Miscellaneous commodities group:Average and relative prices, 1890 to 1924___....................................... ............... ........ ................ ....... 202-213Commodities, or series of quotations carried, number of________________________ _________ 5,6Importance of, relative, as measured by estimated wholesale values in exchange, 1924____ ____ 231Index numbers and per cent of increase or decrease, 1890 to 1924___________________________ 9Index numbers of, by months, 1915 to 1924------- ------ ---------------------------------- ------------------- 22,23Table of weights used in computing revised index numbers o f ......... ............................................... 222

NNetherlands, wholesale prices in ...................... ........ ..................................... . . . .......................................... 240New Zealand, wholesale prices in ...................... .................................... . .......... .̂....... ............. ................... 241Norway, wholesale prices in .. . ................................................................................................................... . 241

PPoland, wholesale prices in .. . ........... ............................. .............................................................................. 242Price quotations, sources of------- ------- ------- ----------------------------------------------- ------------------5Prices of commodities in 1924--------- ------ ----------------------------------- ------- ---------------- -------------- 6,8Prices, wholesale, in other countries....................................................... ............................................... 232-244Prices, wholesale, of specified commodities:

Acid, acetic_____________________ ______. . _____---- - ............. ........ .......... .......... .....................176,177Acid, boric_______________________________________ _________________-........ ......... .......176,177Acid, carbolic (phenol)-------- ----------- ------------------- ------------------------- ................. ................. 192,193Acid, citric__________ _____________________________ _______________ ______- ............... 188,189Acid, muriatic.------------ ---------------- ---------------------------------- ------------------------- ---------- 176,177Acid, nitric------------ 176,177Acid, oleum----- ------------- 178,179Acid, phosphate.------- --------- 186,187Acid, salicylic------------- 178,179Acid, stearic_________ 178,179Acid, sulphuric_____ ____________________ ________ ______________ __________ _______178,179Acid, tartaric ---------------------- 190,191Alcohol, denatured__ ______ _________________ _________________ _______ ______ ____178,179Alcohol, grain......... ......... ........................ .................... .................... ........... ...... ................. ............... 190,191Alcohol, wood, refined_____________________________________________________________ 178,179A lum ..___________________________ _________ _____________ ______________________178,179Aluminum.......... ............................... ........................... ...... .......... ....................... ................. ..............148,149Aluminum sulphate--------------------------------- ------ ------------------------ -----------------------------178,179Ammonia, anhydrous.------------- ----------- ------- --------------------- ------------ -----------------------178,179Ammonia, sulphate of______________ ________ _______________________________ ______ 188,189Analineoil_________ 180,181Apples, evaporated___________________ .88,89Apples, fresh............... 90,91Arsenious oxide___________________________________............................................................. . 180,181Augers..-------- ------------------------ ------ ---------------- ---------------------- ----------- ----------------- 136,137Bananas_____________ 90,91Bar iron_____________ ___________________________ __________________ ______ _____.. 140,141B arley.............................................. ....................................................................................................... 36,37Bars, r e in fo r c in g .__________ ____________ _________ ___________________ _________ 140,141Barytes..___ __________ - ____________________________________________ ___________170,171Beans.___ _____ 50,51Bedroom se ts .. ................... ..................... .......................................................... ................................ 194,195Beds, combination______________ ________ ______________________ ________ __________ 194,195Beef, fresh------------------------------- 70,71Beef, sa lt....------------------- ------------------------------------------------------------ ------- ------ ------ -----72,73Benzene......................................................... .................................. ............... . ..................................... 180,181Blankets, cotton_____ _____________ 198,199Blankets, wool.........................................................................................................................................198,199

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Bleaching powder.._.................. ............................................................................................................180,181Boneblack_______ _________ ____ ________ ___________ ______________________________ 170,171Bone, ground...... .................................. .......... .....................................................................................188,189Boots and shoes (men’s, women’s, misses’, youths’, children’s )___ _______ ______________ 100-105Borax, crystals------- --------------------------------------------------------------------- ------------------------ 180,181Bran............ ......... 202,203Bread, loaf__________________________________ _________________ ____________________ 80,81Brick, common__________ ______________ _______ _______ ______________ ____________164,165Brick, fa ce ................................................................................................................... ................ .......164,165Brimstone. (See Sulphur, crude.)Buffets....... 1................... ........................ ...................................- .......... .......... ........................ ............ 196,197Burlap____________________________________________________ 208,209B u tter ...----- -------------- 74-79Butts---- ------ 136,137Calcium arsenate----- -----------------------------------------------------------------------------------1______180,181Calcium chloride. ___________________________________________________________________180,181Calfskins___ __________________________________________________ 56,57Calico---------- 108,109Camphor---------- 190,191Canned goods. (SteeCorn; Peaches; Peas; Pineapples; Salmon; Tomatoes.)Carpets..------------------ . --------- 198,199Carvers, knives and forks__________________________________________________________ 198,199Castor oil_____________ 190,191Cattle___ ____ 40,41Cement, Portland---------------------------------------------------------------------------------------------------166,167Chairs................ ........ .............-------- --------------------------------------------------------------------------194-197Cheese.______ 78,79Chiff orettes--------------------------------------------------------------------------------------------------------- 194,195Chisels_________________________________________________ 136,137Clover seed---- --------------------------------------------------------------------------------------------------------- 50,51Coal, anthracite---------------------------------------------------------------------------------------------------- 126,127Coal, bituminous---------------------------------------------------------------------------------------------------- 126-133Coal-tar colors------ ------------------------------------------------ 180-183Cocoa beans_________________________________________________________________________82,83Coconut oil, crude. __________________________________________________________________96,97Codfish------------------------------- 82,83Coffee................ —__________________ _______________________________________________ _ 82,83Coke-------------- 132,133Copal gu m ...------------------------------------------------------------------------1------------------------------ 170,171Copper, ingot------------------------------------------------------------------------------------------------------- 150,151Copper, sheet..-------------- 150,151Copper sulphate (blue vitriol)----------------------------------------------------------------------------------182,183Copper wire.----- ------ ------ -------------------- -----------------------------------------------------------------150,151Copperas----- -------- 182,183Copra--------------- 82,83Corn_______________ , -------------- ---------------- -------------------------------------------------------------- 36,37Corn, canned.----------- -------- -------------------------------- ------- ------- --------------------------------- . _ 94,95Corn oil, crude----- --------------- ------ --------------------------------------------- ------ -------------- ---------- 96,97Cornstarch....---------- 94,95Cotton---------------- 50,51Cotton flannels------ ---------------------------------- ------- --------------------------------------------------- 108,109Cotton goods............ - ---------- -------------------- ------- ------ ------------------------------------------------108-117Cottonseed------------ 50,51C ottonseed meal_____________ _______ _____________________________ ______________ 202,203Cottonseedoil-------------------------- ------ ------------------------------------------------------------------------ 96,97Crackers-------------------- 82,83Cream of tartar---- ------------------------------------- ------ ------- -............................. ............................190,191Crushed stone_________________________ ____________________ ______ 1----------------------166,167Currants______________ ______- ........ - --------------- -------------------------------- ------------------------ 88,89Cutlery, table....... ........ 198,199Davenports-------- --------------------- ---------------- ----------------------- ------- ------------ ----------- - 196,197Denims._________ 108,109Doorknobs............. ........... 136,137Doors............................ 166,167Douglas fir (lumber)__________________ 154,155Dressers............................................................................................................................ 194,195

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n r o a x 249Prices, wholesale, of specified commodities—Continued. Page

Drillings___ _________________________________________ _________ ____________-____108,109Earthenware (plates, teacups, and saucers)________________________________ ______ ___ 200,201E g g s ....________________ __________ ________________________________________ 50,51,54,55Epsom salts--------------------------------------------------------------- 190,191Ether____________________________________________ 190,191Ferromanganese------------------------------------------------------------------ 140,141Files_____________________________________________ 136,137Fish. (See Cod; Herring; Mackerel; Salmon.)Flannels, cotton____________________________________ 108,109Flannels, wool_______________----------------- --------------- --------------- ------ -----------------------116,117Flaxseed_____________________________________________________________ ____________ 54,55Flour, rye__________________________________________________________________________ 84,85Flour, wheat______ 84-87Forks and knives, table_____________________________________ ______________________ 198,199Formaldehyde___________________________________________________________________ 182,183Fruit, canned (peaches, pineapples)---------- 88,89Fruit, evaporated (apples, currants, prunes, raisins)----------------------------------------- 88,89Fruit, fresh (apples, bananas, lemons, oranges)__________________________________________ 90,91Fueloil_________________________ 132,133Furniture_________________________________________________________________ 194-197Gasoline, motor___________________________________________ 132-135Ginghams_____________________________________________________ 110,111Glass, plate_____________________________________________________ 170,171Glassware (nappies, pitchers, tumblers)______________________________________________ 200,201Glass, window----------------- --------------------------------- ---------------- ------ -------------------------- 170,171Glucose_____________ 90,91Glycerin, refined_________________________________________________________________ 192,193Goatskins_________________________________________________________________________ 56,57Grain. (See Barley; Corn; Oats; Rye; Wheat.)Gravel_______________________________________________________________ ___________168,169Gum, copal_______________________________________________________________________ 170,171Gum, sap (lumber)---------------------- 154,155Hammers------------------------------- 136,137Hams, smoked------------------------------------------------------------------------------------------------------------ 72, 73Hay, alfalfa___________________ 56,57Hay, clover, mixed________ __________1________________________________ ____________ 56, 57Hay, timothy.----- --------------------------------------------------------------------------------------------------- 56, 57Hemlock...___ __________________________________________________________________ 154,155Hemp, manila________ 208,209Herring_________________________ 82,83Hides----------------------------------------------------------------------------------------------------------- -_T._- 56-59Hogs___________________________________________________________________ 40-41Hominy grits--------------------------- 90,91Hops----------------------- 58,59Hosiery, cotton.----------- --------------------------------------------------------------------------------------- 110, 111Hosiery, silk---------------------------- 124,125Hydrogen peroxide---------- -------------------- ------- ------------ -------------------------------------------192,193Iodine.---------- 192,193Iron ore.---------------------------------------------------------------------------------------------- 138,139Iron, pig____________ 138-141Jute...................... 208,209Kips------------------------------------------------------ 56,57Knives and forks, table............. ............. .............................................................................._ .i_____198,199Lamb, dressed.................... 72,73Lambs............................. 48,49Lampblack.______ __________________ __________________ ____________________ _____174,175Lard____ ________ 90,91Lath, pine_____________ ________________________ ________________________________ 162,163Lath, spruce______________________________________________ 162,163Lead, carbonate of (white lead)_____________________________________ ____________ _ 176,177Lead, pig____________ 150,151Lead pipe............. 150,151Leather___ ____ 204,205Lemons_______ 90,91Lime acetate.______ 182,183Lime, common..__________ 168,169Lime, hydrated........................ 168,169

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Prices, wholesale, of specified commodities- Continued. PageLinseed m eal................... 202,203Linseed oil______________________ _______________ ________________________________ 174,175Lithopone------------------------------------------ ------ ------ ---------------- ----------------------------------- 174,175Livestock (for food). (See Cattle; Hogs; Sheep.)Locks_________ 138,139Lubricating oil_________________________________________________ _________________ 210,211Lumber_________________________________________________________________________ 154-165Mackerel, salt______________________________________________________________________ 84,85Maple (lumber)___________________________________________ 156,157Matches___________ 134,135Meal, corn__________________________________________________________________________ 92,93Meal, cottonseed____________________________ 202,203Meal, linseed_____________________________________________________________________ 202,203Meats..___ _________________________________________________________________________70-75Menthol_________________________________________________________________________ 192,193Milk, condensed______________________________________ 80,81Milk, evaporated___________________________________________________________________ 80,81Milk, fresh_________________________________________________________________________ 58,59Mill feed, middlings________________________________________________________________202,203Molasses__________________________________________________________________________ 92,93Muslin, bleached_________________________________________________________________ 112,113Muslin, unbleached_____ ._________________________________________________________ 112-115Mutton, dressed____________________________________________________________________ 72, 73Nails, wire_______________________________________________________________________ 140,141Nappies, glass____________________________________________________________________ 200,201Naphthalene____________________________________________________________________ 182,183Oak (lumber)____________________________________________________________________ 156,157Oatmeal___________________________________________________________________________ 92,93Oats____ _________________________________________________________________________ 36,37Oil, fuel_________________________________________________________________________ 132,133Oil, lubricating______________________________________________ ____________________ 210,211Oleomargarine_____________________________________________________________________ 92,93Oleooil___________________________________________________________________________ 92,93Olive oil________________________________________________________ 96,97Onions____________________________________________________________________________ 62,63Opium___ _____________________________________*_________________________________ 192,193Oranges_____________________________________ 90,91Overcoatings_____________________________________________________________________ 116,117Pails____________________________________________________________________________ 200,201Palm kernel oil, crude— ___________ _______________________________________________ 182,183Paper, newsprint_________________________________________________________________ 208,209Paper, wrapping__________________________________________________________________ 208,209Peaches, canned____________________________________________________________________ 88,89Peanut oil, crude___________________________________________________________________ 96,97Peanuts___ ________________________________________ _̂_____________________________ 62,63Peas, canned___________________________ I--------- ----------- ------------------------------------------ 96,97Pepper, black_______________________________________________________________ _______ 92,93Percale___ ___________________________________________ _____— ....................... — ........ 112,113Peroxide of hydrogen___________________________ _____________ ____________________ 192,193Petroleum, crude___________ _____________ _________________ _____________________ 134,135Petroleum, refined___ _________________________________________ __________ _______ 134,135Phenol (carbolic acid)____ *--------------------- ------- ------------------------------ ----------------------- 192,193Phosphate rock_____ _____________ _______________________ _______________________ 188,189Pig iron________ 138-141Pig lead______________________ 150,151Pig tin_______________ 150,151Pineapples, canned_________________________________________________________________ 88,89Pine, white____________________ 158,159Pine, yellow______________________________________________________________________ 158,159Pipe, cast-iron______ ____________________________________________________________ 144,145Pitchers, glass____________________________________________________________________ 200,201Planes_____ ______________________________________________________________________ 144,145Plates, white granite______________________________________________________________ 200,201Poplar (lumber)________________________ 162,163Pork, cured____________________ __________ ________ ______ _________________________ 72,73Pork, fresh________ 72,73Potash, carbonate......... ................... 184,185

2 5 0 INDEX

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INDEX 251Prices, wholesale, of specified commodities—Continued. Page

Potash, caustic— ............................................ - ..................................................................................... 184,185Potash, muriate o f.................... ...... .................................................................................................... 188,189Potatoes, sweet........................................... ........................................... ................................................... 62,63Potatoes, white..................... 62,63Poultry, dressed..................... 74,75Poultry, live fowls................................. 48,49Print cloths......... .................... ............. .................... ........ ............... ....................... ...........................112,113P ru nes................................... 88,89P u tty ................................................................ 174,175Quicksilver........ ........................................................................................... 150,151Quinine_______________________________, ........ ........................... ...... ........................................192,193Raisins.................. 88,89Refrigerators....................... ............................................................ .......................... ................. ........ 196,197Rice........ ................. 62,63Roofing, prepared.............. .................................— ........ ........................................ ........................... 176,177Rope, m a n ila ............ ......... 210,211Rosin....................................................... i .............................................................................................174,175Rubber, Para, island................................................................ 210,211Rye____ ____________________________ ___________________________ ___ ______t ............. 36,37Rye flour.......................................... 84,85Salmon, canned.................................................................... ............. ...................................... ................ 84,85Sal soda (carbonate of soda)............................................................................... ..................................184,185Salt....................................................................................... 94,95Salt cake................................................................................................................................................... 184,185Saltpeter, Chile (nitrate of soda).........................................................................................................188,189Sand, building............... 168,169Saws............... 144,145Sheep............. 48,49Sheeting, bleached.................................................. 200,201Sheeting, brown........................................................................................................................................ 112-115Shellac.................................. 174,175Shingles, cypress..................................................................................................................................... 162,163Shingles, red cedar........... s................................................................................................ ....................164,165Shoes (men’s, women’s, misses’, youths’, children’s)........ ................................. 100-105Shovels.................................................................................. 144,145Sides, cured............................... 72,73Silk, raw ..................... 124,125Silk, spun................................................................................................................................................. 124,125Silver, bar.................................................................................................................................................150,151Sisal, M exican...................... 210,211S k e lp .............................................. 144,145Slate, roofing............................... 168,169Soap, laundry............................ ................................................... .............................. j ........................212,213Soda ash........................................................................... 184,185Soda, bicafbonate o f.............................................................................................................................. 184,185Soda, carbonate of (sal soda)............................. .............................. ................................................... 184,185Soda, caustic...................................................... 186,187Soda, nitrate of (Chile saltpeter).................................. ...................................................................... 188,189Soda, silicate o f . . . ................................. ...................... ........................................................................ 186,187Soyabean oil, crude....................................... 96,97Spelter (zinc)............................................................................................................................................. 154,155Spiegeleisen................................................................................................................................................140,141Spruce (lumber)........................................................................................................................................162,163Starch, corn ................................................................................................................................................. 94,95Starch, laundry....................................................................................................................................... 212,213Steel bars, merchant. .............................................................................................................................146,147Steel billets...............................................................................................................................................144,145Steel plates............................................................................................................................................... 146,147Steel rails....................................................................................................................................................146,147Steel sheets............................................................................................. 146,147Steel, structural........................................................................... 146,147Sugar, centrifugal.......................... 94,95Sugar, granulated......................................................................................................................................... 94,95Suitings...................................................................................................................................................... 116-119Sulphur, crude........................... .......................................................................................................... 186,187Tables, dining..........................................................................................................................................196,197Tables, kitchen...................................................................... 196,197

43831°—25f----- 17

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Tables, library________________________________________________________ __________ 196,197Tallow, edible_________________________________ _______ _________ ______ ____________94,95Tallow, inedible________ _______________ __________________ _____________ _______186,187Tankage, slaughterhouse---- ------ ----------- ---------------- ----------------------------------------------- - 188,189Tar......... ............................ ............. .................. ............... .......................... ........ ............... ............... 174,175Tea______________________________ ___________ ______.______________________ ______ 94,95Teacups and saucers________ *__________________________________ _________________ 202,203Thread, cotton.______ _________ ________________________ _____—..................................... 114,115Thread, linen, shoe______________________________________ ________________________ 122,123Tickings____ _____________________ ________ ________________ _______ ____________ 202,203Tile, hollow, building------------- ------------ ---------------- ------------------------------------------------ 168,169Tin, pig.___ ________________ _______________________ ____________________ _____150,151Tin plate..------ --------------------- ----------------- ----------------------------------------------------------- 148,149Tin, roofing (terneplate)-------------------------- ----------------------------------------------- ------ ------- 146,147Tobacco, leaf___ _____________________________________ 64,65Tobacco, plug------------- 212,213Tobacco, smoking________________________ _____________ ______________________ ____212,213Toluene---------------------------------- ------------------------------- ------------------------------------------186,187Tomatoes,-canned...----- ----------------------- 96,97Trouserings------------- ------- --------------- ------ -------------------- -----------------------------------------118,119Trowels____________________ _________________________ __________________ _______ 148,149Tubs____________________________________________________________ — ........— ........ . 202,203T amblers, glass-------- -------------------- -------------------------------------- -------------------------------- 200,201Turpentine, spirits o f.--------------------------------------------------------- ------------------------ ------ .174,175Underwear, cotton------------ ----------- ------------- ---------------------------------- -------- --------------114,115Underwear, woolen______ ______ _________________________________________________ 118-121Veal_________ _____________ __________________________ ____-_____________________ 74,75Vegetables, canned (com, peas, tomatoes)---------------------------------- ------- --------------- ------ -----94-97Vegetables, fresh (onions, potatoes)------------- 62,63Vinegar, cider.--------------------------------- ------- --------------------------------- ---------------- ------- - 100,101Vises_______________________ ___________________________-______ _________________ 148,149Vitriol, blue (copper sulphate)------------- ----------------------------------------------------- ---------- 182,183W heat...______ 36,37,40,41Wheat flour---------------------------------- 84-87White lead (carbonate of lead)-------- --------------------------------------- --------------------------------176,177Wire____________ 148-151Women’s dress goods________________________________________________ 120-123Wood pulp------ ---------------------------------------------------------------------- - ------- ------------------- 208,209Wood screws------------------ ---------------- ------- ------------------------- ------- ----------- --------------- 148,149Wool.......... .......... .............................................. .......... ........ ........................ .............................................64-69Woolen goods--------- ------------ ---------------------------------- -------------------- - ..............................116-123Worsted yams_________________________________________________ _________________ 122,123Yams, cotton---- ---------------- -------------------------------------------------------- ------ -------- ---------114-117Yams, worsted---------------------------- ---------------------------------- --------------- - ........ ...... ...........122,123Zinc chloride------------- ----------- ------- ------- ------------------- -------------------- ............................... 186,187Zinc, oxide of (zinc white)---------------------------------------------------------- ---------------- ............. 176,177Zinc, sheet........... ........................... .......... .................................... ......................................- ............. _. 154,155Zinc, slab----------------------- --------------------- ----------------------------------- - .......... ......................154,155

QQuotations, series of, carried in present report.................................. ......................................................... 5,6

RRaw and manufactured state, identical commodities in, index numbers of, 1890 to 1924 ...................... 28,29Raw and manufactured state, identical commodities in, index numbers of, by months, 1915 to 1924. 30,31

SSources of price quotations......................... ...................... ............... .............. ................ -.......... - ..........—- 5South Africa, wholesale prices in ------------------------------------------- ------------------------------------------ 242Spain, wholesale prices in ------------------------------------------------------------------------------------------ - - - 243Sweden, wholesale prices in --------------------------------------------------------------- --------------------- ------ 243Switzerland, wholesale prices in....................................... ...........................................................'.................. 244

VValues in exchange, relative importance of commodities, 1924............................................................... 223-231

WWeights, table of, used in computing revised index numbers............................................................... 215-222Wholesale price reports of Bureau of Labor Statistics, history of........................................ .................... 1-3

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SERIES OF BULLETINS PUBLISHED BY THE BUREAU OF LABOR STATISTICS[The publica tion o f th e annua l and special reports and o f th e b im o n th ly bu lletin was

discon tinued in J u ly , 1912, and since th a t tim e a b u lle tin has been pu b lished a t irregular intervals. Each nu m b er con ta ins m a tte r devoted to one o f a series o f general sub jects. These bu lletins are nu m bered consecutively, beginning w ith No. 101, and up to No. 226; th ey also carry consecutive n u m bers under each series. B eginn ing w ith No. 227 th e serial n u m bering has been d iscon tinued . A list o f the series is given below. Under each is grouped all th e bu lletins w hich con ta in m ateria l relating to th e sub ject m a tte r o f th a t series. A list o f th e reports and bu lletins o f th e B ureau issued prior to Ju ly 1, 1912, w ill be fu rn ished on application. The bu lletins m arked th u s * are o u t o f print.]Wholesale Prices.

*Bul. 114. Wholesale prices, 1890 to 1912.Bui. 149. Wholesale prices, 1890 to 1913.

*Bul. 173. Index numbers of wholesale prices in the United States and foreign countries.*Bul. 181. Wholesale prices, 1890 to 1914.*Bul. 200. Wholesale prices, 1890 to 1915.Bui. 226. Wholesale prices, 1890 to 1916.Bui. 269. Wholesale prices, 1890 to 1919.Bui. 284. Index numbers of wholesale prices in the United States and foreign countries. [Revision

of Bulletin No. 173.]Bui. 296. Wholesale prices, 1890 to 1920.Bui. 320. Wholesale prices. 1890 to 1921.Bui. 335. Wholesale prices, 1890 to 1922.Bui. 367. Wholesale prices, 1890 to 1923.

Retail Prices and Cost of Living.*Bul. 105. Retail prices, 1890 to 1911: Part I. ;

Retail prices, 1890 to 1911: Part II—General tables.*Bul. 106. Retail prices, 1890 to June, 1912: Part I.

Retail prices, 1890 to June, 1912: Part II—General tables.*Bul. 108. Retail prices, 1890 to August, 1912.*Bul. 110. Retail prices, 1890 to October, 1912.*Bul. 113. Retail prices, 1890 to December, 1912.♦ Bui. 115. Retail prices, 1890 to February, 1913.*Bul. 121. Sugar prices, from refiner to consumer.Bui. 125. Retail prices, 1890 to April, 1913.

*Bul. 130. Wheat and flour prices, from farmer to consumer.Bui. 132. Retail prices, 1890 to June, 1913.Bui. 136. Retail prices, 1890 to August, 1913.

*Bul. 138. Retail prices, 1890 to October, 1913.*Bul. 140. Retail prices, 1890 to December, 1913.Bui. 156. Retail prices, 1907 to December, 1914.Bui. 164. Butter prices, from producer to consumer.Bui. 170. Foreign food prices as affected by the war.Bui. 184. Retail prices, 1907 to June, 1915.Bui. 197. Retail prices, 1907 to December, 1915.Bui. 228. Retail prices, 1907 to December, 1916.Bui. 270. Retail prices, 1913 to 1919.Bui. 300. Retail prices, 1913 to 1920.Bui. 315. Retail prices, 1913 to 1921.Bui. 334. Retail prices, 1913 to 1922.Bui. 357. Cost of living in the United States.Bui 366. Retail prices, 1913 to December, 1923.Bui. 369. The use of cost of living figures in wage adjustments. (In press.)

Wages and Hours of Labor.Bui. 116. Hours, earnings, and duration of employment of wage-earning women in selected industries

in the District of Columbia.*Bul. 118. Ten-hour maximum working-day for women and young persons.Bui. 119. Working hours of women in the pea canneries of Wisconsin.

*Bul. 128. Wages and hours of labor in the cotton, woolen, and silk industries, 1890 to 1912.*Bul. 129. Wages and hours of labor in the lumber, millwork, and furniture industries, 1890 to 1912.

. *Bul. 131. Union scale of wages and hours of labor, 1907 to 1912.*Bul. 134. Wages and hours of labor in the boot and shoe and hosiery and knit goods industries, 1890

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Wages and Honrs of Labor—Continued.*Bul. 135. Wages and hours of labor in the cigar and clothing industries, 1911 and 1912.Bui. 137. Wages and hours of labor in the building and repairing of steam railroad cars. 1890 to 1912. Bui. 143. Union scale of wages and hours of labor, May 15,1913.Bui. 146. Wages and regularity of employment and standardization of piece rates in the dress and

waist industry of New York City.*Bul. 147. Wages and regularity of employment in the cloak, suit, and skirt industry.*Bul. 150. Wages and hours of labor in the cotton, woolen, and silk industries, 1907 to 1913.*Bul. 151. Wages and hours of labor in the iron and steel industry in the United States, 1907 to 1912. Bui. 153. Wages and hours of labor in the lumber, mill work, and furniture industries, 1907 to 1913.

*Bul. 154. Wages and hours of labor in the boot and shoe and hosiery and underwear industries, 1907 to 1913.

Bui. 160. Hours, earnings, and conditions of labor of women in Indiana mercantile establishments and garment factories.

Bui. 161. Wages and hours of labor in the clothing and cigar industries, 1911 to 1913.Bui. 163. Wages and hours of labor in the building and repairing of steam railroad cars, 1907 to 1913. Bui. 168. Wages and hours of labor in the iron and steel industry, 1907 to 1918.

*Bul. 171. Union scale of wages and hours of labor, May 1,1914.Bui. 177. Wages and hours of labor in the hosiery and underwear industry, 1907 to 1914.Bui. 178. Wages and hours of labor in the boot and shoe industry, 1907 to 1914.Bui. 187. Wages and hours of labor in the men’s clothing industry, 1911 to 1914.

*Bul. 190. Wages and hours of labor in the cotton, woolen, and silk industries, 1907 to 1914.*Bul. 194. Union scale of wages and hours of labor, May 1,1915.Bui. 204. Street railway employment in the United States.Bui. 214. Union scale of wages and hours of labor, May 15, 1916.Bui. 218. Wages and hours of labor in the iron and steel industry, 1907 to 1915.Bui. 221. Hours, fatigue, and health in British munition factories.Bui. 225. Wages and hours of labor in the lumber, mill work, and furniture industries, 1915.Bui. 232. Wages and hours of labor in the boot and shoe industry, 1907 to 1916.Bui. 238. Wages and hours of labor in woolen and worsted goods manufacturing, 1916.Bui. 239. Wages and hours of labor in cotton goods manufacturing and finishing, 1916.Bui. 245. Union scale of wages and hours of labor, May 15,1917.Bui. 252. Wages and hours of labor in the slaughtering and meat-packing industry, 1917.Bui. 259. Union scale of wages and hours of labor, May 15,1918.Bui. 260. Wages and hours of labor in the boot and shoe industry, 1907 to 1918.Bui. 261. Wages and hours of labor in woolen and worsted goods manufacturing, 1918.Bui. 262. Wages and hours of labor in cotton goods manufacturing and finishing, 1918.Bui. 265. Industrial survey in selected industries in the United States, 1919. Preliminary report. Bui. 274. Union scale of wages and hours of labor, May 15,1919.Bui. 278. Wages and hours of labor in the boot and shoe industry, 1907 to 1920.Bui. 279. Hours and earnings in anthracite and bituminous coal mining.Bui. 286. Union scale of wages and hours of labor, May 15,1920.Bui. 288. Wages and hours of labor in cotton goods manufacturing, 1920.Bui. 289. Wages and hours of labor in woolen and worsted goods manufacturing, 1920.Bui. 294. Wages and hours of labor in the slaughtering and meat-oacking industry in 1921.Bui. 297. Wages and hours of labor in the petroleum industry.Bui. 302. Union scale of wages and hours of labor, May 15,1921.Bui. 305. Wages and hours of labor in the iron and steel industry, 1907 to 1920.Bui. 316. Hours and earnings in anthracite and bituminous coal mining—anthracite, January, 1922;

bituminous, winter of 1921-22.Bui. 317. Wages and hours of labor in lumber manufacturing, 1921.Bui. 324. Wages and hours of labor in the boot and shoe industry, 1907 to 1922.Bui. 325. Union scale of wages and hours of labor, May 15,1922.Bui. 327. Wages and hours of labor in woolen and worsted goods manufacturing, 1922 Bui. 328. Wages and hours of labor in hosiery and underwear industry, 1922.Bui. 329. Wages and hours of labor in the men’s clothing industry, 1922.Bui. 345. Wages and hours of labor in cotton goods manufacturing, 1922.Bui. 348. Wages and hours of labor in the automobile industry, 1922.Bui. 353. Wages and hours of labor in the iron and steel industry, 1907 to 1922.Bui. 354. Union scale of wages and hours of labor, May 15, 1923.Bui. 356. Productivity costs in the common-brick industry, 1922-1923.Bui. 358. Wages and hours of labor in the automobile-tire industry, 1923.Bui. 360. Time and labor costs in manufacturing 100 pairs of shoes.Bui. 362. Wages and hours of labor in foundries and machine shops, 1923.Bui. 363. Wages and hours of labor in lumber manufacturing, 1923.Bui. 365. Wages and hours of labor in the paper and pulp industry.

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Wages and Hours o f Labor—Continued.Bui. 371. Wages and hours of labor in cotton goods manufacturing, 1924.Bui. 373. Wages and hours of labor in slaughtering and meat packing, 1923.Bui. 374. Wages and hours of labor in the boot and shoe industry, 1907 to 1924.Bui. 376. Wages and hours of labor in the hosiery and underwear industry, 1907 to 1924.Bui. 377. Wages and hours of labor in woolen and worsted goods manufacturing, 1924.Bui. 381. Wages and hours of labor in the iron and steel industry, 1907 to 1924.Bui. 387. Wages and hours of labor in the men's clothing industry, 1911 to 1924.Bui. 388. Union scale of wages and hours of labor, May 16, 1924. (In press.)

Employment and Unemployment.*Bul. 109. Statistics of unemployment and the work of employment offices.Bui. 116. Hours, earnings, and duration of employment of wage-earning women in selected industries

in the District of Columbia.Bui. 172. Unemployment in New York City, N. Y.

♦ Bui. 182. Unemployment among women in department and other retail stores of Boston, Mass.*Bul. 183. Regularity of employment in the women's ready-to-wear garment industries.Bui. 192. Proceedings of the American Association of Public Employment Offices.

♦ Bui. 195. Unemployment in the United States.Bui. 196. Proceedings of the Employment Managers' Conference, held at Minneapolis, Minn., Janu­

ary, 1916.Bui. 202. Proceedings of the conference of Employment Managers' Association of Boston, Mass.,

held May 10,1916.Bui. 206. The British system of labor exchanges.Bui. 220. Proceedings of the Fourth Annual Meeting of the American Association of Public Employ­

ment Offices, Buffalo, N . Y., July 20 and 21,1916.Bui. 223. Employment of women and juveniles in Great Britain during the war.

*Bul. 227. Proceedings of the Employment Managers' Conference, Philadelphia, Pa., April 2 and 3, 1917.

Bui. 235. Employment system of the Lake Carriers' Association.Bui. 241. Public employment offices in the United States.Bui. 247. Proceedings of Employment Managers’ Conference, Rochester, N. Y., May 9-11,1918.Bui. 310. Industrial unemployment: A statistical study of its extent and causes.Bui. 311. Proceedings of the Ninth Annual Meeting of the International Association of Public Em­

ployment Services, September 7-9,1921, Buffalo, N. Y.Bui. 337. Proceedings of the Tenth Annual Meeting of the International Association of Public

Employment Services, Washington, D. C., September 11-13, 1922.Bui. 355. Proceedings of the Eleventh Annual Meeting of the International Association of Public

Employment Services, Toronto, Canada, September 4-7,1923.Women in Industry.

Bui. 116. Hours, earnings, and duration of employment of wage-earning women in selected indus­tries in the District of Columbia.

*Bul. 117. Prohibition of night work of young persons.*Bul. 118. Ten-hour maximum working-day for women and young persons.Bui. 119. Working hours of women in the pea canneries of Wisconsin.

*Bul. 122. Employment of women in power laundries in Milwaukee, Wis.Bui. 160. Hours, earnings, and conditions of labor of women in Indiana mercantile establishments

and garment factories.♦ Bui. 167. Minimum-wage legislation in the United States and foreign countries.*Bul. 175. Summary of the report on condition of woman and child wage earners in the United States. ♦ Bui. 176. Effect of minimum-wage determinations in Oregon.♦ Bui. 180. The boot and shoe industry in Massachusetts as a vocation for women.Bui. 182. Unemployment among women in department and other retail stores of Boston, Mass.Bui. 193. Dressmaking as a trade for women in Massachusetts.Bui. 215. Industrial experience of trade-school girls in Massachusetts.Bol. 217. Effect of workmen's compensation laws in diminishing the necessity of industrial employ­

ment of women and children.Bui. 223. Employment of women and juveniles in Great Britain during the war.Bul. 253. Women in the lead industries.

Workmen’s Insurance and Compensation (including laws relating thereto).Bui. 101. Care of tuberculous wage earners in Germany.Bui. 102. British National Insurance Act, 1911.Bui. 103. Sickness and accident insurance law of Switzerland.Bui. 107. Law relating to insurance of salaried employees in Germany.

♦ Bui. 126. Workmen’s compensation laws of the United States and foreign countries.♦ Bui. 155. Compensation for accidents to employees of the United States.

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Workmen’s Insurance and Compensation—Continued.♦ Bill. 185. Compensation legislation of 1914 and 1915.Bui. 203. Workmen’s compensation laws of the United States and foreign countries.Bui. 210. Proceedings of the Third Annual Meeting of the International Association of Industrial

Accident Boards and Commissions, held at Columbus, Ohio, April 25-28,1916.Bui. 212. Proceedings of the conference on social insurance called by the International Association

of Industrial Accident Boards and Commissions, Washington, D. C., December 5-9,1916. Bui. 217. Effect of workmen’s compensation laws in diminishing the necessity of industrial employ­

ment of women and children.Bui. 240. Comparison of workmen’s compensation laws of the United States.Bui. 243. Workmen’s compensation legislation in the United States and foreign countries.Bui. 248. Proceedings of the Fourth Annual Meeting of the International Association of Industrial

Accident Boards and Commissions, held at Boston, Mass., August 21-25,1917.Bui. 264. Proceedings of the Firth Annual Meeting of the International Association of Industrial

Accident Boards and Commissions, held at Madison, Wis., September 24-27, 1918.Bui. 272. Workmen’s compensation legislation of the United States and Canada, 1919.Bui. 273. Proceedings of th8 Sixth Annual Meeting of the International Association of Industrial

Accident Boards and Commissions, held at Toronto, Canada, September 23-26,1919.Bui. 275. Comparison of workmen's compensation laws of the United States and Canada.Bui. 281. Proceedings of the Seventh Annual Meeting of the International Association of Industrial

Accident Boards and Commissions, held at San Francisco, Calif., September 20-24, 1920. Bui. 301. Comparison of workmen’s compensation insurance and administration.Bui. 304. Proceedings of the Eighth Annual Meeting of the International Association of Industrial

Accident Boards and Commissions, held at Chicago, 111., September 10-23, 1921.Bui. 312. National Health Insurance in Great Britain, 1911 to 1920.Bui. 332. Workmen’s compensation legislation of the United States and Canada, 1920 to 1922. Bui. 333. Proceedings of the Ninth Annual- Meeting of the International Association of Industrial

Accident Boards and Commissions, held at Baltimore, Md., October 9-13, 1922.Bui. 359. Proceedings of the Tenth Annual Meeting of the International Association of Industrial

Accident Boards and Commissions, held at St. Paul, Minn., September 24-26, 1923. Bui. 379. Comparison of workmen’s compensation laws in the United States as of January 1, 1925. Bui. 385 Proceedings of the Eleventh Annual Meeting of the International Association of Industrial

Accident Boards and Commissions, held at Halifax, Nova Scotia, August 26-28, 1924.Industrial Accidents and Hygiene.

Bui. 104. Lead poisoning in potteries, tile works, and porcelain enameled sanitary ware factories.Bui. 120. Hygiene of the painters’ trade.

♦ Bill. 127. Dangers to workers from dust and fumes, and methods of protection.Bui. 141. Lead poisoningin the smelting and refining of lead.

*Bul. 157. Industrial accident statistics.Bui. 165. Lead poisoning in the manufacture of storage batteries.

*Bul. 179. Industrial poisons used in the rubber industry.Bui. 188. Report of British departmental committee on the danger in the use of lead in the painting

of buildings.*Bul.201. Report of committee on statistics and compensation insurance cost of the International

Association of Industrial Accident Boards and Commissions. [Limited edition.]Bui. 205. Anthrax as an occupational disease.Bui. 207. Causes of death by occupation.Bui. 209. Hygiene of the printing trades.

*Bul. 216. Accidents and accident prevention in machine building.Bui. 219. Industrial poisons used or produced in the manufacture of explosives.Bui. 221. Hours, fatigue, and health in British munition factories.Bui. 230. Industrial efficiency and fatigue in British munition factories Bui. 231. Mortality from respiratory diseases in dusty trades.

*Bul. 234. Safety movement in the iron and steel industry, 1907 to 1917 Bui. 236. Effect of the air hammer on the hands of stonecutters.Bui. 251. Preventable death in the cotton manufacturing industry.Bui. 253. Women in the lead industries.Bui. 256. Accidents and accident prevention in machine building. Revision of Bui. 216.Bui. 267. Anthrax as an occupational disease. [Revised.]Bui. 276. Standardization of industrial accident statistics.Bui. 280. Industrial poisoningin making coal-tar dyes and dye intermediates.Bui. 291. Carbon monoxide poisoning.Bui. 293. The problem of dust phthisis in the granite-stone industry.Bui. 298. Causes and prevention of accidents in the iron and steel industry, 1910 to 1919.Bui. 306. Occupation hazards and diagnostic signs. A guide to impairment to be looked for in

hazardous occupations.Bui. 339. Statistics of industrial accidents in the United States.

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Conciliation and Arbitration (including strikes and lockouts).*Bul. 124. Conciliation and arbitration in the building trades of Greater New York.*Bul. 133. Report of the industrial council of the British Board of Trade on its inquiry into industrial

agreements.Bui. 139. Michigan copper district strike.Bui. 144. Industrial court of the cloak, suit, and skirt industry of New York City.Bui. 145. Conciliation, arbitration, and sanitation in the dress and waist industry of New York City. Bui. 191. Collective bargaining in the anthracite industry.

*Bul. 198. Collective agreements in the men’s clothing industry.Bui. 233. Operation of the Industrial Disputes Investigation Act of Canada.Bui. 303. Use of Federal power in settlement of railway labor disputes.Bui. 341. Trade agreement in the silk-ribbon industry of New York City.

Labor Laws of the United States (including decisions of courts relating to labor).*Bul. 111. Labor legislation of 1912.*Bul. 112. Decisions of courts and opinions affecting labor, 1912.*Bul. 148. Labor laws of the United States, with decisions of courts relating thereto.*Bul. 152. Decisions of courts and opinions affecting labor, 1913.*Bul. 166. Labor legislation of 1914.*Bul. 169. Decisions of courts affecting labor, 1914.*Bul. 186. Labor legislation of 1915.*Bul. 189. Decisions of courts affecting labor, 1915.Bui. 211. Labor laws and their administration in the Pacific States.

*Bul. 213. Labor legislation of 1916.Bui. 224. Decisions of courts affecting labor, 1916.Bui. 229. Wage-payment legislation in the United States.

♦ Bui. 244. Labor legislation of 1917.Bui. 246. Decisions of courts affecting labor, 1917.B u i.257. Labor legislation of 1918.Bui. 258. Decisions of courts and opinions affecting labor, 1918.Bui. 277. Labor legislation of 1919.Bui. 285. Minimum-wage legislation in the United States.Bui. 290. Decisions of courts and opinions affecting labor, 1919-1920.Bui. 292. Labor legislation of 1920.Bui. 308. Labor legislation of 1921.Bui. 309. Decisions of courts and opinions affecting labor, 1921.Bui. 321. Labor laws that have been declared unconstitutional.Bui. 322. Kansas Court of Industrial Relations.Bui. 330. Labor legislation of 1922.Bui. 343. Laws providing for bureaus of labor statistics, etc.Bui. 344. Decisions of courts and opinions affecting labor, 1922.Bui. 370. Labor laws of the United States, with decisions of courts relating thereto.

Foreign Labor Laws.Bui. 142. Administration of labor laws and factory inspection in certain European countries.

Vocational Education.Bui. 145. Conciliation, arbitration, and sanitation in the dress and waist industry of New York City.

*Bul. 147. Wages and regularity of employment in the cloak, suit, and skirt industry.*Bul. 159. Short-unit courses for wage earners and a factory school experiment.♦ Bui. 162. Vocational education survey of Richmond, Va.

Bui. 199. Vocational education survey of Minneapolis, Minn.Bui. 271. Adult working class education (Great Britain and the United States).

Labor, as Affected by the War.Bui. 170. Foreign food prices as affected by the war.Bui. 219. Industrial poisons used or produced in the manufacture of explosives.Bui. 221. Hours, fatigue, and health in British munition factories.Bui. 222. Welfare work in British munition factories.Bui. 223. Employment of women and juveniles in Great Britain during the war.Bui. 230. Industrial efficiency and fatigue in British munition factories.Bui. 237. Industrial unrest in Great Britain.Bui. 249. Industrial health and efficiency. Final report of British Health of Munition Workers Com­

mittee.Bui. 255. Joint industrial councils in Great Britain.Bui. 283. History of the Shipbuilding Labor Adjustment Board, 1917 to 1919.Bui. 287. Nationa lWar Labor Board.

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Safety Codes.Bui. 331. Code of lighting factories, mills, and other work places.Bui. 336. Safety code for the protection of industrial workers in foundries.Bui. 338. Safety code for the use, care, and protection of abrasive wheels.Bui. 350. Rules governing the approval of headlighting devices for motor vehicles.Bui. 351. Safety code for the construction, care, and use of ladders.Bui. 364. Safety code for mechanical power-transmission apparatus.Bui. 375. Safety code for laundry machinery and operations.Bui. 378. Safety code for woodworking machinery.

*Bul. 382. Code of lighting school buildings.Miscellaneous Series.

*Bul. 117. Prohibition of night work of young persons. '*Bul. 118. Ten-hour maximum working-day for women and young persons.*Bul. 123. Employers’ welfare work.*Bul. 158. Government aid to home owning and housing of working people in foreign countries.*Bul. 159. Short-unit courses for wage earners and a factory school experiment.*Bul. 167. Minimum-wage legislation in the United States and foreign countries.Bui. 170. Foreign food prices as affected by the war.

*Bul. 174. Subject index of the publications of the United States Bureau of Labor Statistics up to May 1, 1915.

Bui. 208. Profit sharing in the United States.Bui. 222. Welfare work in British munition factories.Bui. 242. Food situation in central Europe, 1917.

*Bul. 250. Welfare work for employees in industrial establishments in the United States.Bui. 254. International labor legislation and the society of nations.Bui. 263. Housing by employers in the United States.Bui. 266. Proceedings of Seventh Annual Convention of the Association of Governmental Labor

Officials of the United States and Canada, held at Seattle, Wash., July 12-15, 1920.Bui. 268. Historical survey of international action affecting labor.Bui. 271. Adult working-class education in Great Britain and the United States.Bui. 282. Mutual relief associations among Government employees in Washington, D. C.Bui. 295. Building operations in representative cities in 1920.Bui. 299. Personnel research agencies. A guide to organized research in employment management,

i ndustrial relations, training, and working conditions.Bui. 307. Proceedings of the Eighth Annual Convention of the Association of Governmental Labor

Officials of the United States and Canada, held at New Orleans, La., May 2-6, 1921. Bui. 313. Consumers’ cooperative societies in the United States in 1920.Bui. 314. Cooperative credit societies in America and in foreign countries.Bui. 318. Building permits in the principal cities of the United States.Bui. 320. The Bureau of Labor Statistics: Its history, activities, and organization.Bui. 323. Proceedings of the Ninth Annual Covention of the Association of Governmental Labor

Officials of the United States and Canada, held at Harrisburg, Pa., May 22-26, 1922. Bui. 326. Methods of procuring and computing statistical information of the Bureau of Labor Statistics. Bui. 340. Chinese migrations, with special reference to labor conditions.Bui. 342. International Seamen’s Union of America: A study of its history and problems.Bui. 346. Humanity in government.Bui. 347. Building permits in the principal cities of the United States, 1922.Bui. 349. Industrial relations in the West Coast lumber industry.Bui. 352. Proceedings of the Tenth Annual Convention of the Association of Governmental Labor

Officials of the United States and Canada, held at Richmond, Va., May 1-4, 1923.Bui. 361. Labor relations in the Fairmont (W. Va.) bituminous coal field.Bui. 368. Building permits in the principal cities of the United States in 1923.Bui. 372. Convict labor in 1923.Bui. 380. Post-war labor conditions in Germany.Bui. 383. Works council movement in Germany.Bui. 384. Conditions in the shoe industry in 1924.Bui. 386. The cost of American almshouses. (In press.)Bui. 389. Proceedings of the Eleventh Annual Convention of the Association of Governmental.

Labor Officials of the United States and Canada, held at Chicago, 111., May 19-23,1924

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SPECIAL PUBLICATIONS ISSUED BY THE BUREAU OF LABOR STATISTICS,

Description of occupations, prepared for the United States Employment Service, 1918-19.Boots and shoes, harness and saddlery, and tanning.Cane-sugar refining and flour milling.Coal and water gas, paint and varnish, paper, printing trades, and rubber goods.Electrical manufacture, distribution, and maintenance.Glass.Hotels and restaurants.Logging camps and sawmills.Medicinal manufacturing.Metal working, building and general construction, railroad transportation, and shipbuilding. Mines and mining.Office employees.Slaughtering and meat packing.Street railways.

♦ Textiles and clothing.♦ Water transportation.

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