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U. S. D EPARTM ENT OF LABOR JAMES J. DAVIS, Secretary BUREAU OF LABOR STATISTICS ETHELBERT STEWART, Commissioner BULLETIN OF THE UNITED STATES ) B U R E A U O F L A B O R STATISTICS f ‘ W H O L E S A L E PRI CES • • ■• {No. 296 SERI ES WHOLESALE PRICES 1890 to 1920 ■*»n t o? / V mm JUNE, 1922 WASHINGTON GOVERNMENT PRINTING OFFICE 1922 CONTENTS. Page. Introduction...................................................................................................................................... 1 -6 Prices of commodities in 1920.................................................................................................... 6-41 Average wholesale prices of important commodities, 1890 to 1920 ( t e x t ) ............41-43 T a b l e 1.— Sources of price quotations, 1919 and 1920................................................... 4 T a b l e 2.— Num ber o f commodities, or series of quotations, b y markets, 1919 and 1920.................................................................................................................. 5 T a b l e 3 .— Num ber of commodities, or series of quotations, classified as to frequency, 1919 and 1920................................................................................. 5 T a b l e 4 .— Changes in average prices from 1919 to 1920, b y groups of com m odities............................................................................................................. ; . . 7 T a b l e 5 . — In dex numbers of wholesale prices, b y groups of commodities, 1890 to 1920............................................................................................................ 8, 9 T a b l e 6 . — In d ex numbers of wholesale prices, b y groups of commodities and b y months, 1913 to 1920..........................................: ....................................... 2 0-23 T a b l e 7.— Wholesale price indexes of iden tical commodities in raw and manu factured state, 1890 to 1920.............................................................................. 36 T a b l e 8.— Wholesale price indexes of iden tical commodities in raw and m anu factured state, b y months, 1913 to 1920..................................................... 3 8,3 9 T a b l e 9.— Average wholesale prices of commodities, 1890 to 1920........................ 44-215 A p p e n d i x A .— Table of weights used in computing ind ex numbers of whole sale prices for 1919 and 1920, b y groups of com m odities.. 217-224 A p p e n d i x B .— R elative importance of commodities, as measured b y their wholesale values in exchange in 1909 and 1920.................... 225-233 A p p e n d i x C.— W holesale prices in other countries..................................................... 234-241 Australia..................................................................................................................................... 234 Canada.................................................................................................................................... 234-236 France..................................................................................................................................... 236,237 Germ any................................................................................................................................ 237,238 Great B ritain ............................................................................................................................ 238 Ita ly ......................................................................................................................................... 238,239 Japan............................................................................................................................................ 239 Netherlands............................................................................................................................... 240 South A frica.............................................................................................................................. 240 Sw eden........................................................................................................................................ 241 C H A R T S S H O W IN G Y E A R L Y F L U C T U A T IO N S O F W H O L E S A L E P R IC E S O F C O M M O D IT IE S F O R E A C H Y E A R , 1890 T O 1920. Chart 1.— All commodities combined........................................................................... Chart 2.— Farm products.................................................................................................. Chart 3.— Food, etc............................................................................................................. Chart 4.— Cloths and clothing......................................................................................... Chart 5.— Fuel and lighting...................................................................................... Chart 6.— Metals and metal products............................................................................ Chart 7.— Building materials........................................................................................... Chart 8.— Chemicals and drugs....................................................................................... Chart 9.— House-furnishing goods.................................................................................. Chart 10.— Miscellaneous commodities..........................'................................................ Chart 11.— Identical commodities in raw and manufactured state....................... Chart 12.— Cotton: Middling, upland, spot, New York, 1890-1920, and mid dling, spot, New Orleans, 1913-1920.....................: ............................... Chart 13.— Com: Contract grades, cash, Chicago, 1890-1920, and No. 3, mixed, cash, Chicago,1913-1920............................................................... Chart 14.— Oats: Contract grades, cash, Chicago........................................................ Chart 15.— Wheat: No. 1, northern spring, and No. 2, red winter, cash, Chicago, 1890-1913; No. 1, northern spring, cash, Chicago, 19131920; and No. 2, hard winter, cash, Kansas City, 1913-1920----Chart 16.— Hides: Packers’, green, salted, heavy native steers, Chicago, 1890-1920; packers’, green, salted, heavy Texas steers, Chicago, 1913-1920; and calfskins, country, No. 1, Chicago, 1913-1920.. HI 10 11 12 13 14 15 16 17 18 19 37 46 48 50 52 58 IV CON TEN TS. Page. 60 Chart 17.— Cattle: Steers, good to choice and choice to prime, Chicago............. Chart 18.— Hogs: Light and heavy, Chicago................................................................. 62 Chart 19.— Butter: Creamery, extra, New York, 1890-1920; creamery, Elgin, 1890-1916; and creamery, extra, St. Louis, 1916-1920.................... 74 Chart 20.— Eggs: Fair to fancy, near-by, New York, 1890-1913; firsts, fresh gathered, New York, 1913-1920; and firsts, fresh, Chicago, 19131920.................................................................................................................... 80 Chart 21.— Wheat flour: Winter straights, New York; 1890-1913; winter straights, Kansas City, 1913-1920 1; and second patents, Minne apolis, 1913-1920........................................................................................... 86 Chart 22.— Bacon: Short clear sides; and ham, smoked, loose, Chicago............ 94 Chart 23.— Beef: Fresh, native sides, New York, 1890-1920; and fresh, car cass, Chicago, 1908-1920............................................................................. 96 Chart 24.— Milk: Fresh, New York, 1890-1920; fresh, Chicago, 1913-1920; 104 and fresh, San Francisco, 1913-1920.......................................................... Chart 25.— Sugar: Granulated, and centrifugal, 96, New York.............................. 110 Chart 26.— Shoes: Men’s vici kid, Goodyear welt, 1890-1920; women’s solid 114 grain, 1890-1913; and women’s McKay sewed, 1913-1920.............. Chart 27.— Print cloth: 28-inch, 64 x 64, 1890-1913; 27-inch, 64 x 60, 19131920; and calico: American standard prints, 19 06-1920...%.......... 124 Chart 28.— Wool: Ohio, fine fleece, scoured, 1890-1916; Ohio, fine clothing, scoured, 1916-1920; and Ohio, medium fleece, scoured, 18901920....................................................................................................................... 136 Chart 29.— Suitings: Middlesex, 14-ounce, 1890-1912; Middlesex, 15-ounce, 1912-1920; and clay worsted, 16-ounce, 1895-1920........................... 138 Chart 30.— Anthracite coal: Chestnut and stove......................................................... 150 Chart 31.— Bituminous coal: Georges Creek, 1890-1913; New River, 19131920; and coke, Connellsville, furnace, 1890-1920............................... 152 Chart 32.— Copper: Ingot, lake, 1890-1907; ingot, electrolytic, 1907-1920; and copper wire, bare, No. 8, 1890-1920.............................................. 160 Chart 33.— Pig iron: Foundry, No. 2, northern, and Bessemer.............................. 166 Chart 34.— Steel billets: Bessemer, 1890-1920; steel rails, Bessemer, 1890172 1920; and steel sheets, No. 27, 1894-1920................................................ Chart 35.— Brick: Common, red, building, New York.............................................. 178 Chart 36.— Lumber: Yellow pine siding, New York, 1890-1914; yellow pine siding, Norfolk, 1914-1920; and hemlock, 1890-1920....................... 186 Chart 37.— Alcohol: Grain................................................................................................... 194 Chart 38.— Acid: Sulphuric and muriatic...................................................................... 196 Chart 39.— Cottonseed oil: Prime, yellow; and cottonseed meal,prime.......... 206 Chart 40.— Paper: Wrapping, manila, 1890-1920; newsprint, 1890-1920; and wood pulp, sulphite, 1913-1920............................................................... 210 CHARTS SH OW ING M O N TH L Y FLUCTUATIONS OF W H O LESALE PRICES OF COMMODITIES FOR EACH MONTH, 1913 TO 1920. Chart la .— All commodities combined......................................................................... Chart 2a.— Farm products................................................................................................. Chart 3a.— Food, etc........................................................................................................... Chart 4a.— Cloths and clothing....................................................................................... Chart 5a.— Fuel and lighting........................................................................................... Chart 6a.— Metals and metal products......................................................................... Chart 7a.— Building materials........................................................................................ Chart 8a.— Chemicals and drugs..................................................................................... Chart 9a.— House-furnishing goods............................................................................... Chart 10a.— Miscellaneous commodities.......................................................................... Chart 11a.— Identical Commodities in raw and manufactured state..................... Chart 12a.— Cotton: Middling, upland, spot, New York; and middling, spot, New Orleans.................................................................................. Chart 13a.— Corn: Contract grades, cash; and No. 3, mixed, cash, Chicago. . . Chart 14a.— Oats: Contract grades, cash, Chicago....................................................... Chart 15a.— Wheat: No. 1, hard white, cash, Portland, Oreg.; No. 1, northern spring, cash, Minneapolis; and No. 2, hard winter, cash, Kansas City.................................................................................................. 1 United States Food Administration standard in 1918. 26 27 28 29 30 31 32 33 34 35 40 47 49 51 53 CONTENTS. V Page. Chart 16a.— Hides: Packers’ , green, salted, heavy native steers, Chicago; packers’ , green, salted, heavy Texas steers, Chicago; and calf* skins, cou ry, No. 1, Chicago............................................................... 59 Chart 17a.— Cattle: Steers, good to choice and choice to prime, Chicago........... 61 Chart 18a.— Hogs: Light ana heavy, Chicago.................................................... .......... 63 Chart 19a.— Butter: Creamery, extra, New York; creamery, extra, Chicago; and creamery, extra, San Francisco.................................................... 75 Chart 20a.— Eggs: Firsts, fresh gathered, New York; firsts, fresh, Chicago; and pullets, fresh, San Francisco................................................................... 81 Chart 21a.— Wheat flour: Winter straights, Kansas City,1 and standard patents, Minneapolis................................................................................................... 87 Chart 22a.— Bacon: Short clear sides; and ham, smoked, loose, Chicago........... 95 Chart 23a.— Beef: Fresh, native sides, New York; and fresh, carcass Chicago.. 97 Chart 24a.— Milk: Fresh, New York, Chicago, and San Francisco....................... 105 Chart 25a.— Sugar: Granulated and centrifugal, 96, New York............................. Ill Chart 26a.— Shoes: Men’s Goodyear welt, blucher; men’s vici calf, Goodyear welt, blucher; and women’s McKay sewed.......................................... 115 Chart 27a.— Print cloth: 27-inch, 64 x 60; and calico, American standard prints.................................................................................................................. 125 Chart 28a.— Wool: Ohio, fine fleece, scoured, 1913-1916; Ohio, fine clothing, scoured, 1917-1920; and Ohio, medium fleece, scoured, 19131920.................................................................................................................. 137 Chart 29a.— Suitings: Middlesex, 15-ounce, and clay worsted,16-ounce............. 139 Chart 30a.— Anthracite coal: Chestnut and stove....................................................... 151 Chart 31a.— Bituminous coal: Pittsburgh and Kanawha; New River; and coke, Connellsville, furnace.................................................................... 153 Chart 32a.— Copper: Ingot, electrolytic; sheet, hot-rolled; and copper wire, bare, No. 8 .............................. 161 Chart 33a.— Pig iron: Foundry, No. 2, northern; basic; andBessemer............... 167 Chart 34a.— Steel billets, Bessemer; steel rails, Bessemer; and steel sheets, No. 27.......................................................................................... ................ 173 Chart 35a.— Brick: Common, red, New York; common, salmon, Chicago; and 179 common, red, Cincinnati......................................................................... Chart 36a.— Lumber: Yellow pine flooring; Douglas fir, No. 1; and white pine, No. 2, barn.................................................................................................... 187 Chart 37a.— Alcohol: Grain and wood............................................................................. 195 Chart 38a.— Acid: Sulphuric; muriatic; and nitric................................................... 197 Chart 39a.— Cottonseed oil: Prime, yellow; and cottonseed meal, prime........... 207 Ch a r t 40a.— Paper: Wrapping, manila; newsprint; and wood pulp, sulphite.. 211 1 United States Food Administration standard in 1918. BULLETIN OF THE U. S. BUREAU OF LABOR STATISTICS. no. WASHINGTON 296 m arch, 1922 WHOLESALE PRICES, 1890 TO 1920. INTRODUCTION The present bulletin is the eighteenth of a series on wholesale prices in the United States published by the Bureau of Labor Statis tics since 1902.1 In the first bulletin detailed information for a large number of commodities was presented for each month of the years from 1890 to 1901, with yearly summaries for articles and groups of articles. In each succeeding bulletin up to 1916 prices were shown in detail for the last completed year, while a summary was included for all years since 1890. Owing to the situation brought about by the World War, no report was published in 1917 or 1918. In 1919, how ever, a bulletin containing data for all months from January, 1917, to December, 1919, and for all years since 1890 was prepared. This report was finally published early in 1921. In the present number the information has been brought up to the end of 1920. With certain exceptions the commodities for which wholesale prices are shown in this bulletin are identical with those appearing m previous reports. Substitution of other articles for those previously carried has been necessary in a number of instances, as bananas, men’s and women’s shoes, women’s hosiery, merino underwear, woolen blankets, Portland cement, spruce lumber, bedroom furniture, pails, and tubs. In all cases these articles have been replaced by others of the same class but of a more representative character. Additions to the list of commodities have been made for clover hay, concrete reinforcing bars, coconut oil, corn oil, palm oil, peanut oil, soya-bean oil, copra, manila hemp, linseed meal, millfeed middlings, Mexican sisal, and slaughter-house tankage. Yearly prices for these new articles are shown in the present bulletin back to 1913, or the ear liest year for which reliable data could be obtained. Also, additional price series have been included for several articles of considerable importance already represented in the compilation, as wheat flour, anthracite coal, structural steel, and oak, pine, hemlock, maple, and poplar lumber. Beer, whisky, and proof spirits have been dropped, since their manufacture and sale as beverages is now prohibited by law. In a few other instances articles of minor importance included 1 Previous wholesale price reports of the bureau will be found in Bulletins Nos. 39,45,51,57,63,69,75,81, 87, 93, 99,114,149, 181, 200, 226, and 269. 1 2 W ho lesale p r ic e s , 1890 to 1920. in the preceding bulletin have been omitted from the present one, owing to their disappearance from the market. In computing the index numbers for this bulletin, as for the pre ceding one, the year 1913 has been selected as the base period in order to provide a prewar standard for measuring price changes. This plan conforms to the one now being used in the bureau’s reports on retail prices and on union wages and hours of labor. The method of constructing group and general index numbers from the aggregate values of commodities exchanged year by year, employed for the first time in the preparation of the bulletin for 1914, has been continued in the present report. A full explanation of this method is contained in the appendix to the 1914 report,2 but a brief account is here given in order that the statistical tables appearing in the following pages may be more readily understood. The price of each article in 1913, the base year, has first been multi plied by the estimated quantity of the article marketed in the census year 1909. The products thus obtained have then been added, giving the approximate value in exchange in 1913 of all articles in the group or in the total list of commodities. Similar aggregate values of commodities exchanged have likewise been computed, for each remain ing year since 1890 and for each month since January, 1913. The index number for each year prior to or succeeding 1913, and for each month of the years 1913 to 1920, has been obtained by comparing the aggregate value for such year or month with the aggregate value for 1913, taken as 100. If, during the period under consideration, there had been no changes in the list of commodities which comprise the index numbers, the per centage changes in the cost of the different groups of commodities and of all commodities combined would be accurately measured by dividing the aggregates for 1913 directly into the corresponding aggre gates for the months and years covered by the bureau’s index num bers. However, articles have been added or dropped from time to time as circumstances demanded, while substitution of one article for another at a different price has been necessary in numerous in stances. Therefore, in computing the index numbers for a series of years a method had to be adopted 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 re tail prices and on wages, consists in computing two separate aggregates for any year or month in which a change occurs— the first aggregate being based on the list of articles before making additions, subtrac tions, 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 com modities only. The following statement relative to the farm products group will serve to illustrate the method employed: 2 See Bulletin No. 181, pp. 239 to 256. 3 INTRODUCTION. IN D E X NUMBERS BASED ON AGGREGATE VALUES IN E XCH ANG E OF FARM PRODUCTS IN 1912, 1913, AND 1914. Value in exchange (000 omitted) in— Commodity. 1913-A 1913-B 1914 $622,285 38,581 $692,016 27,123 $458,026 230,636 27,123 $406,093 218,194 30,664 76,717 52,266 315,863 288,032 117,323 23,567 716,903 100,662 18,781 651,500 1912 Cotton, middling: New Orleans..................................................................... New York................................. .......................... Flaxseed, No. 1....................................................................... Grain: B arleyChoice to fancy.......................................................... Fair to good..”.......................................................... Com, cash— Contract grades....................................................... No. 3, mixed.............................................................. Oats, cast, contract grades............................................ R ye/No. 2, cash.. . ."1................................................... Wheat, cash...................................................................... Chicago, No. 1 northern spring............................. Chicago, No. 2 red winter.. . .~............................. Kansas City, No. 2 hard winter............................ Minneapolis, No. 1 northern spring...................... Portland, Oreg., Bluestem..................................... Hay: Alfalfa, No. 1.................................................................... Timothy, No. 1.............................................................. Hides: Calfskins, No. 1................................................................ Packers’ , salted— Heavy native steers................................................. Heavy Texas steers................................................. Hops: New York State, choice to prime................................. Pacific coast...................................................................... Live stock (for food): Cattle, steers— Choice to prime......................................................... Good to choice.......................................................... Hogs— Heavy................................................................................ Light.................................................................................. Sheep— Ewes........................................................................... Lambs......................................................................... Wethers, fed.............................................................. Wethers, western..................................................... Peanuts, No. 1......................................................................... Poultry,live fowls: Chicago.............................................................................. New York................................ ................. Tobacco, Burley, dark red.................................................... 47,086 46,318 115,213 170,165 100,662 18,781 128,151 188,716 112,260 22,657 24,639 122,372 217,548 212,137 38,417 28,015 124,705 233,032 243,612 41,717 71,343 90,675 72,292 88,737 218,106 171,284 24,775 27,573 162,315 169,601 113,067 55,611 120,691 58,870 19,712 12,803 4*128 5,600 6,143 4,971 387,900 696,542 370,090 705,230 370,090 705,230 400,066 749,290 145,148 432,931 159,863 484,665 159,863 484,665 159,775 480,509 9,448 46,960 10,250 50,789 10,780 62,736 6,149 11,600 65,319 6,705 15,470 17,518 33,431 38,016 161,250 68,429 125,753 77,i38 145,274 35,505 38,569 145,274 Total............................................................................... 4,224,483 4,187,367 4,182,335 4,326,890 Index number.............................................................. 101 100 100 103 Dividing the 1912 aggregate ($4,224,483) by the comparable 1913 aggregate ($4,187,367) gives 100.89 as the index number for 1912. This is rounded off to 101 when published. Likewise, dividing the 1914 aggregate ($4,326,890) by its comparable 1913 aggregate ($4,182,335) gives 103.46, which is rounded off to 103 as the index number for 1914. An additional article, Brazilian goatskins, was included in the farm products group in 1917. Therefore two aggre gates were made for that year, the first omitting and the second including goatskins. The index number for 1917 was obtained by dividing the aggregate for that year by the comparable 1913 aggre gate. For 1918 the index number was obtained by first dividing the aggregate for that year, including goatskins, by the comparable 1917 aggregate and then multiplying the result by the index for 1917, computed on the comparable 1913 aggregate, in which goatskins were not included. In this way the index for 1918 was related back 4 W HOLESALE PRICES, 1890 TO 1920. to the 1913 base. Index numbers for the eight remaining groups of commodities and for all commodities combined were obtained in like manner as for farm products. Not all of the commodity prices shown in the present bulletin have been used in constructing the index numbers. Several articles of minor importance, as bicarbonate of soda and cornstarch, have been omitted because of their negligible influence upon price movements. A few articles of some importance, such as steel sheets and bread, were omitted because satisfactory weighting factors could not be obtained. Of the 390 series of quotations for 1919 and 1920 included in the detailed tables of this bulletin, however, 327 have been weighted and used in computing the index numbers.3 To ascertain the quantities of the various commodities marketed in 1909, every available source, 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, 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. In the selection of commodities 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. The sources from which price quotations for the past two years have been drawn are as follows: T able 1 .—SOURCES OF PRICE QUOTATIONS, 1919 AND 1920. Source. |Number of quotations or series. Standard trade journals................................ Manufacturers or sales agents...................... Boards of trade, etc........................................ Federal or State bureaus.............................. 224 148 15 3 Total.......................................................... 390 So far as possible the quotations for the various commodities have been secured in their primary markets. For example, the prices quoted for live stock and most animal products are those for Chicago, wheat and flour prices are mainly those for Minneapolis and Kansas City, pig iron ana steel those for Pittsburgh, etc. The following table shows the various markets in which wholesale price quotations were obtained: 3 See Appendix A , pp. 217 to 224. 5 INTRODUCTION. table NUM BER OF COMMODITIES, OR SERIES OF QUOTATIONS, B Y M AR KETS, 1919 AND 1920. Market. Chemi House Cloths Fuel Metals and Build fur Farm Food, and ing and cals nish Mis metal prod cella Total. etc. cloth light mate and prod ucts. ing neous. ing. ing. ucts. rials. drugs. goods. Boston, Mass............................... Buffalo, N . Y ............................. Chicago, 111............................... Cincinnati, Ohio........................ Cleveland, Ohio.......................... 19 1 26 5 Decatur, 111................................. Gloucester, Mass........................ Kansas City, Mo........................ La Salle, 111................................. Los Angeles, Calif...................... 2 1 1 2 Louisville, K y ............................ Minneapolis, Minn.................... New Orleans, La........................ New York, N . Y ........................ Norfolk, V a ........... ... . 1 2 1 4 1 Philadelphia, Pa........................ Pittsburgh, Pa............................ Portland, Oreg............................ St. Louis, Mo.............................. San Francisco, Calif. 2 5 3 2 2 1 1 1 1 4 3 4 __ 1 .1 1 1 3 6 42 5 1 3 6 9 1 19 1 3 11 1 2 20 18 1 1 1 i 33 i 18 1 1 12 63 8 7 1 8 2 109 79 25 45 41 18 10 1 59 13 1 1 1 4 1 1 .. . . 1 Toledo, Ohio............................... Wilmington, N. C...................... Factories, mills, wells, etc........ General market.......................... Total.................................. 4 9 1 13 27 1 7 8 130 3 9 12 3 5 7 1 1 46 65 390 As has been stated, more than one price series for commodities of great importance 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 weekly prices have been secured. In a large number of in stances; particularly since the beginning of 1918, it has been possible to obtain average monthly prices. For those commodities whose prices are quite stable, as certain textiles and building materials, only first of the month prices have been taken. These details are sum marized for 1919 and 1920 as follows: table 3.—NUM BER OF COMMODITIES, OR SERIES OF QUOTATIONS, CLASSIFIED AS TO FREQUENCY, 1919 AND 1920. Frequency of quotations. Farm prod ucts. Chemi House Cloths Fuel Metals and Build fur Mis ing cals and metal Food, and nish cella Total. etc. cloth light prod mate and ing neous. rials. drugs. ing. ing. ucts. goods. Weekly......................................... Monthly....................................... Average for month.................... 33 89 15 5 1 28 50 11 8 6 23 15 7 18 15 8 18 Total.................................. 33 109 79 25 45 41 18 11 2 13 20 7 213 99 78 27 390 The classification of commodities adopted in this report is the same as that used in previous bulletins of the bureau. The general plan followed with respect to raw commodities has been to group such articles according to their origin, rather than according to the 6 WHOLESALE PRICES, 1890 TO 1920. ultimate use to which they are put. Thus, cotton, wheat, and leaf tobacco are all classed with farm products, although in their finished state they enter into the groups designated as cloths and clothing, food, and miscellaneous, respectively. Also, certain manufactured articles, as nails and structural steel, are grouped with metals and metal products rather than with building materials. Wool, however, which is quoted in the scoured state, is included with cloths and cloth ing instead of farm products. Tallow, from its close relationship to animal fats used as food, is included in this group, although its prin cipal use is in the manufacture of commodities not consumed as food. While the classification thus adopted by the bureau at the inception of its series of wholesale price bulletins in 1902 may appear to be somewhat arbitrary, the great amount of labor involved in a rear rangement of the groups for past years in order to make the data comparable with the present makes any revision, however desirable, impossible at this time. PRICES OF COMMODITIES IN 1920. The year 1920 was remarkable for the unprecedented height to which prices rose in the early months and the violent declines that followed in the summer and fall. From January to May, as meas ured by the bureau’s weighted index numbers, prices advanced steadily, reaching in the latter month a point 14 cent above the level prevailing at the beginning of the year and 172 per cent above the level of 1913. In June a slight reaction took plaice, followed by radical decreases that brought the level for December down to a point only 89 per cent above the 1913 level. This drop of 30.5 per cent m the general price level from May to December is by far the greatest decrease that has occurred in any year since the collection of price statistics by the bureau was begun. Farm products were highest m January and April, with an increase of 146 per cent over the 1913 level. In foods the crest was reached in May, when they were 187 per cent higher than in 1913. Cloths and clothing prices reached their peak in February and March, being then 256 per cent above prices in 1913, while fuel and lighting materials advanced slowly in the first half of the year, but attained a height of 184 per cent above the level for 1913 in September. In the groups of metals and building materials prices were at their highest point in April and May, metals having advanced only 95 per cent since 1913, while building materials, in which lumber has a preponderating influence, had advanced 241 per cent. In the two groups of chemicals and drugs and house-furnishing goods prices did not reach their maximum until September, when they were 122 per cent and 271 per cent, respectively, above the prewar level in 1913. The greatest increase of all occurred in the house-furnishing goods group, followed closely by the clothing and building materials groups. The group of miscellaneous commodities, including, among others, such important articles as cottonseed meal and oil, millfeed, jute, rubber, lubricating oil, newsprint and wrapping paper, and wood pulp, showed a gradual price increase to June, with a height of 147 per cent above the level for 1913. Following the high peak reached in April, farm products slowly declined in price until June, when they stood at 143 per cent above 7 PRICES OF COMMODITIES. the prewar level. In the next six months they fell precipitately, the December average being over 41 per cent below that of April and only 44 per cent above the level for 1913. Food prices, likewise, fell from a level of 287 in May to 172 in December, a drop of 40 per cent. The group of cloths and clothing also showed large price recessions, falling from 356 in March to 220 in December, or 38 per cent. In the remaining groups the decreases were less radical. Fuel and lighting materials were 17 per cent lower in December than in Septem ber, the high month for this group. Metals and metal products aver aged nearly 20 per cent lower in December than in April, building materials decreased 22 per cent in the same period, chemicals and drugs decreased 15 per cent from September to December, and, articles in the miscellaneous commodities group decreased 17 per cent from June to December. The smallest decrease of all was recorded for the group of house-furnishing goods, in which prices fell less than 7 per cent between October and December. Comparing 1920 with 1919, the group of commodities showing the greatest increase in average yearly prices was that of building mate rials, the increase in the group as a whole being over 61 per cent. House-furnishing goods came next, with an average increase of nearly 43 per cent, while fuel and lighting materials were 37J per cent higher in 1920 than in 1919. In the remaining groups, except farm products, the increase in average yearly prices was: Cloths and clothing, 18 per cent; chemicals and drugs, 17 per cent; metals and metal products, 16 per cent; food, etc., 12 per cent; and miscella neous commodities, 9 per cent. Farm products, unlike all other groups, were nearly 7 per cent lower in 1920 than in the preceding year. The following table shows for each of the nine groups the number of commodities or separate commodity units for which comparable wholesale prices were obtained for the years 1919 and 1920 and the number that increased or decreased in price in 1920 as compared with the year before: T able 4 .—CHANGES IN AVE R A G E PRICES FROM 1919 TO 1920, B Y GROUPS OF COMMODI TIES. Group. Number of com modities. Number of commodities showing— Increase. No change. Decrease. Farm products.................... Food, etc.............................. Cloths and clothing............ Fuel and lighting............... Metals and metal products Building materials............. Chemicals and drugs......... House-furnishing goods— Miscellaneous...................... 33 109 79 25 45 41 18 13 27 17 57 69 25 39 40 14 12 17 16 52 10 Total............................ 390 290 100 6 1 4 1 10 It is seen from the above table that of the 390 comparable price series secured by the bureau for 1919 and.1920 increases were reported for 290 series and decreases for 100 series. In the farm products and food groups the number of increases was only slightly greater than 8 WHOLESALE PRICES, 1890 TO 1920. the number of decreases. In other groups the preponderance of increases was heavy. All articles in the fuel and lightmg group were higher in 1920 than in 1919. Detailed information concerning price changes will be found in the table on pages 44 to 215 of this bulletin. Index numbers for the several groups of commodities for the years from 1890 to 1920 are shown in Table 5, which follows. As has been explained, these index numbers are computed on the year 1913 as the base period to provide a prewar standard for measuring price changes. To assist in the comparison afforded by the index numbers, there is also shown the per cent of increase or decrease in prices for each year as compared with the next preceding year. T able 5.^*|NDEX NUMBERS OF W H OLESALE PRICES, B Y GROUPS OF COMMODITIES, 1890 TO 1920. (Base: Estimated value in 1913=100.) [For explanation of method used in computing these index numbers see pp. 2 and 3.] Farm products.1 Year. Cloths and clothing. 3 Food, etc.2 Fuel and light ing.4 Metals and metal products.* Per cent Per cent Per cent Per cent Per cent of in of in of in of in of in crease (+ ) crease ( + ) crease ( + ) crease ( + ) crease ( + ) Index Index or de Index or de Index or de or de Index or de num crease (—) num crease (—) num crease (—) num crease (—) num crease (—) ber. compared ber. compared ber. compared ber. compared ber. compared with pre with pre with pre with pre with pre ceding ceding ceding ceding ceding year. year. year. year. year. 1890.................... 1891.................... 1892.................... 1893.................... 1894.................... 68 73 66 67 59 + 7 -1 0 + 2 -1 2 89 89 80 87 77 (6) -1 0 + 9 -1 2 94 91 91 88 78 - 3 (6) - 3 -1 1 69 68 66 66 61 - 1 - 4 (6) - 8 114 102 93 85 72 -1 1 - 9 - 9 -1 5 1895.................... 1896.................... 1897.................... 1898.................... 1899.................... 60 54 58 61 62 + 1 -1 0 + 7 + 5 + 2 74 67 71 76 75 - 4 —10 + 6 + 7 - 1 78 75 75 79 82 («) - 4 (8) '+ 5 + 3 67 69 62 61 71 +10 + 3 -1 0 - 2 +16 77 80 71 71 108 + 7 + 4 -1 1 («) +52 1900.................... 1901.................... 1902.................... 1903.................... 1904.................... 69 73 81 75 80 +11 + 6 + 11 - 8 + 7 79 80 85 82 87 + + + + 5 1 6 4 6 88 82 84 88 89 7 7 2 5 1 80 78 92 105 91 + 3 - 2 + 8 +14 - 3 106 98 97 96 88 - 1905.................... 1906.................... 1907.................... 1908.................... 1909.................... 77 78 85 85 97 - 4 + 1 + 9 (6) +14 86 84 89 94 99 + + + 1 2 6 5 5 91 97 104 94 98 + 2 + 7 + 7 -1 0 + 4 87 90 93 91 88 + + - 4 3 3 2 3 98 113 120 94 92 + 11 + 15 + 6 -2 2 - 2 1910.................... 1911.................... 1912.................... 103 93 101 + 6 -1 0 + 9 - 1 + 3 100 99 108 1 1 9 8 99 96 98 100 98 96 - 5 - 2 + 9 +12 - 4 93 89 99 3 + + + - 84 82 89 103 + + + 87 + 1 - 4 + 11 + 1 -1 3 + 1 +21 +40 + 7 +11 100 128 181 239 261 + 2 +27 +41 +32 + 9 93 119 175 163 173 - 3 +28 +47 - 7 + 6 97 148 208 181 161 +11 +53 +41 -1 3 -1 1 +12 302 +16 238 +38 186 +16 1913.................. 100 1914.................... 103 1915.................... 1916.................... 1917.................... 1918.................... 1919.................... 105 122 189 220 234 +16 + 6 104 126 176 189 210 1920.................... 218 - 236 + 2 +16 +55 7 100 1 Number of commodities varied from 16 in 1890 to 32 in 1920. 2 Number of commodities varied from 40 in 1890 to 90 in 1920. 3 Number of commodities varied from 56 in 1890 to 76 in 1920. « Number of commodities varied from 13 in 1890 to 21 in 1920. 5 Number of commodities varied from 18 in 1890 to 25 in 1920. • No change. + + + + 1 3 2 2 2 100 100 2 8 1 1 8 9 PRICES OF COMMODITIES, T able 5 .—IN D E X NUMBERS OF W HOLESALE PRICES, B Y GROUPS OF COMMODITIES 1890 TO 1920—Concluded. (Base: Estimated value in 1913= 100.) [For explanation of method used in computing these index numbers see pp. — and — Chemicals and drugs.8 Building materials.7 Year. House-furnish ing goods.9 Miscellaneous.10 All commodi ties.11 Per cent Per cent Per cent Per cent Per cent of inof inof in of in of in crease (+ ) crease ( + ) crease ( + ) crease ( + ) crease ( + ) Index Index Index Index or deIndex or deor de or de or de num- crease (—) num- crease (—) num crease (—) num crease (—) num crease (—) ber. compared ber. compared ber. compared ber. compared ber. compared with prewith pre with prewith pre with pre ceding ceding ceding ceding ceding year. year. year. year. year. 1890.................... 1891.................... 1892.................... 1893.................... 1894.................... 72 70 67 68 66 + - 3 4 1 3 90 92 91 90 83 + - 2 1 1 8 72 72 71 68 67 92 92 88 91 86 (6) - 4 + 3 - 5 81 82 76 77 69 + 1 - 7 + 1 -1 0 1895.................... 1896.................... 1897.................... 1898.................... 1899.................... 64 63 62 65 71 + + 3 2 2 5 9 88 91 89 93 96 + + + + 6 3 2 4 3 62 58 56 61 62 + + 7 6 3 9 2 82 80 80 79 82 (6) + 5 3 70 66 67 69 74 + + + + 1 6 2 3 7 1900.................... 1901.................... 1902.................. 1903.................... 1904.................... 76 73 77 80 80 + + + (6) 7 4 5 4 97 98 97 96 97 + + + 1 1 1 1 1 69 69 73 74 73 + (6) + + - 11 6 1 1 91 90 92 94 94 + + + (6) 11 1 2 2 80 79 85 85 86 + + (6) + 8 1 8 1905.................... 1906.................... 1907.................... 1908.................... 1909.................... 85 94 97 92 97 + + + + 6 11 3 5 5 96 94 96 100 101 + + + 1 2 2 4 1 71 74 80 78 77 + + — 3 4 8 2 1 95 97 101 97 109 + 1 - 2 + 4 - 4 +12 85 88 94 91 97 + + + 1 4 7 3 7 1910.................... 1911.................... 1912................. 101 101 100 102 103 101 1 1 2 1 1 80 85 91 101 + + + + + + + - 4 6 7 10 1 116 104 101 99 95 101 99 + 6 -1 0 - 3 - 1 - 1 + + (6) 2 4 6 1 (•} - 1 - 4 - 1 1 4 1 1913.................. 100 1914.................... 97 + 4 (6) - 1 (6) - 3 1915.................... 1916.................... 1917.................... 1918.................... 1919......... *......... 94 101 124 151 192 - 3 + 7 +23 +22 +27 114 159 198 221 179 +13 +39 +25 + 12 -1 9 99 115 144 196 236 (6) +16 +25 +36 +20 99 120 155 193 217 (6) +21 +29 +25 + 12 101 124 176 196 212 + 1 +23 +42 +11 + 8 1920.................... 308 +60 210 + 17 337 +43 236 + 9 243 + 15 100 100 99 100 100 100 6 No change. 7 Number of commodities varied from 22 in 1890 to 29 in 1920. 8 Number of commodities varied from 9 for 1890 to 1912 to 18 for 1913 to 1920. 9 Includes 14 commodities from 1890 to 1916 and 13 for 1917 to 1920. 10 Number of commodities was 12 from 1890 to 1912, 22 from 1913 to 1915, and 23 from 1916 to 1920. 11 Number of commodities variedf rom 192 in 1890 to 327 in 1920. To enable the reader to follow more readily the rise and fall of irices year by year since 1890, a series of charts has been constructed, n these charts, as in all others in the present bulletin, the price curves have been plotted on paper with vertical spacing, ruled accord ing to the logarithmic instead of the arithmetic scale, since this method is recognized as the correct one to employ where ratios instead of differences are to be compared. A glance at Chart 1 shows that the general trend of wholesale rices for all commodities taken together was downward during the rst seven years of the period, or until 1896, after which they rose steadily until 1910, except for slight declines in 1901 and 1905, and { E 10 WHOLESALE PRICES, 1890 TO 1920. Chart 1. a more decided decline in 1908. In 1911 there was a sharp decline, followed by a quick recovery in 1912. In 1913 and 1914 prices again subsided, but reacted in 1915. Between 1915 and 1916 oc curred by far the most pronounced price advance that had taken place between any two years up to that period, the index number for all commodities rising from 101 to 124, an increase of 23 per cent. An even greater advance took place between 1916 and 1917, the index for 1917 rising to 176, an increase of 42 per cent. A further advance in prices brought the index number for 1918 up to 196, a point 11 per cent above the level for 1917. In 1919 the index number increased to 212, or 8 per cent above the 1918 index, and in 1920 to 243, or 14 per cent above the level of prices in 1919 and 143 per cent above the basic figure for 1913. PRICES OF COMMODITIES. 11 Chatr 2. Comparing the all-commodities curve with the curve for farm products shown in Chart 2, one is struck by their great similarity. In only two years (1901 and 1920) of the 31 years covered by the statistics does the all-commodities curve move in a direction con trary to the trend of the farm-products curve. In five instances the all-commodities curve shows no change in the general level of prices from the preceding year, while the farm-products curve registers either a rise or a tall in that group. In one other year, 1908, the price of farm products remained unchanged, While prices of all com modities declined. In 1920 the great slump in farm products that took place in the second half of the year brought the average for this group below that of 1919, while the average for all commodities, in keeping with other groups, rose above that of 1919. 68643°— 23— Bull. 296-- 2 12 WHOLESALE PRICES, 1890 TO 1920. Ch a r t 3 The food curve also, as is seen by reference to Chart 3, follows quite closely the curve for all commodities. The reason for the preponderating influence of farm products and food upon the yearly price changes of' all commodities becomes clear when one consults Appendix B of the present bulletin, which gives the approximate values in 1909 and 1920 of the commodities comprising the several groups in the exchanges of the country. Cloths and clothing (Chart 4) remained relatively stable in price from 1890 to 1915, except for rather sharp declines in 1894, 1901, and 1908. The great increases that have taken place in this group in the last five years are clearly brought out in the chart. Marked fluctu- PRICES OF COMMODITIES. 13 Ch a r t 4 ations since 1890 have occurred in the groups of fuel and lighting (Chart 5) and metals and metal products (Chart 6). Fuel ana lighting reached the lowest levels in 1894 and in 1897-98, while metals and metal products also were lowest in 1897-98. The steep increase in coal and coke prices in 1920 is reflected in the fuel and lighting curve. Lumber and other building materials (Chart 7) conformed to the same general trend as all other commodities from 1890 to 1915 and reached unprecedented levels in the last five years of the period. The curve for chemicals and drugs in Chart 8 shows slight varia tions up to 1914, but clearly exhibits the early influence of war on the prices of these commodities. In 1915 prices in this group had 14 WHOLESALE PRICES, 1890 TO 1920. Chart 5. increased 14 per cent over the average for 1913, while in no other group had the increase been more than 5 per cent. From 1915 to 1918 prices continued to advance sharply, but with the termination of hostilities in the latter year a decline took place, followed by a reaction in 1920. The group of house-furnishmg goods (Chart 9) shows a downward trend from 1890 to 1897, a gradual upward trend to 1913-1915, and a phenomenal increase since that period. In 1920 prices in this group averaged 337 per cent of base prices in 1913. The group of miscellaneous commodities (Chart 10), like all other groups, plainly reflects the influence of war and its aftermath upon prises in the last five years. Chart 6. Cn o* WHOLESALE PRICES, 1880 TO 1920. C h a r t 7, PBICES OF COMMODITIES, Chart 8. WHOLESALE PRICES, 1890 TO 1920. Chart 9. 10. PRICES OF COMMODITIES. Chart CO 20 WHOLESALE PRICES, 1890 TO 1920. T able 6 .—IN D E X NUMBERS OF W HOLESALE PRICES, B Y GROUPS OF COMMODITIES AND B Y MONTHS, 1913 TO 1920. (Base: Estimated value in 1913=100.) [ For explanation of method used in computing these index numbers see pp. 2 and 3.] Farm products. Year and month. Cloths and clothing. Food, etc. Fuel and light ing. Metals and metal products. Per cent Per cent Per cent Per cent Per cent of in of in of in of in of in crease ( + ) crease ( + ) crease (+ ) crease ( + ) crease ( + ) Index Index or de Index Index or de Index or de or de or de num crease (—) num crease (—) num crease (—) num crease (—) num crease (—) ber. compared ber. compared ber. compared ber. compared ber. compared withprewith pre with pre with pre with pre cedmg ceding ceding ceding ceding month. month. month. month. month. 1913. January............. February.......... March................ April.................. May.................... June................... 97 97 99 97 98 99 (V) + + + July.................... August.............. September........ October............. November......... December......... 101 101 104 103 101 101 + C1) + G) 1914. January............. February.......... March....*......... April.................. May.................... June................... 101 102 103 103 104 104 July.................... August.............. September........ October............. November......... December......... 99 98 97 96 95 99 + 1 1 1 1 4 100 101 100 100 100 99 + 1 - 1 0) 0) - 1 103 103 102 98 98 100 G) - 1 - 4 G) + 2 107 105 102 102 102 100 102 104 105 102 105 101 + + + + - 3 2 1 3 3 4 100 100 100 100 100 99 + 1 G) 0) G) G) - l 99 100 100 100 99 99 G) + l G) G) - l G) 98 99 99 99 96 92 0) +1 + 1 G) + 1 C1) 102 100 97 95 96 100 + + + 1 2 3 2 1 4 98 99 99 99 99 99 - l + l G) G) G) G) 99 99 99 98 95 94 G) G) G) - l - 3 - 1 92 92 92 91 87 86 104 109 108 103 101 99 C1) + - 104 112 116 107 106 105 + + + - 4 8 4 8 1 1 99 99 98 97 96 96 G) G) - l - l - l G) 95 94 95 93 93 94 + + G) + 1 85 85 86 83 81 83 1915. January............. February.......... March................ April.................. May.................... June................... 102 105 105 107 109 105 + + 0) + + - 3 3 2 2 4 106 108 104 105 105 102 + + + 0) - 1 2 4 1 3 96 97 97 99 99 99 G) + l G) + 2 G) G) 93 92 92 89 89 89 - l - l G) - 3 G) G) 83 87 89 91 96 100 July................... August.............. September........ October............. November......... December......... 108 107 103 105 102 103 + + + 3 1 4 2 3 1 104 102 100 103 107 111 + + + + 2 2 2 3 4 4 99 99 100 103 105 107 G) G) + + + +* l 3 2 2 90 92 94 96 98 100 + + + + + + l 2 2 2 2 2 102 100 100 100 104 114 1916. January............. February.......... March................ April.................. May.................... June................... 108 109 111 114 116 116 + 4 + + + 0) 5 -1 2 3 2 113 114 115 117 119 119 + + + + + G) 2 1 1 2 2 110 113 117 119 122 124 + + + + + + 3 3 4 2 3 2 105 106 108 108 107 108 + + + G) + 5 1 2 1 1 126 132 141 147 151 149 July.................... August.............. September........ October............. November......... December......... 118 126 131 136 146 142 + + + + + - 2 7 4 4 7 3 121 128 133 140 150 145 + + + + + - 2 6 4 5 7 3 126 128 131 138 146 155 + + + + + + 2 2 2 5 6 6 108 110 115 133 155 170 G) + 2 + 5 +16 +17 +10 145 145 148 151 160 185 1 No change. 2 2 1 1 2 3 1 2 5 1 5 2 2 1 1 1 2 G) G) - 2 3 - 2 - 2 + 1 G) G) G) G) G) G) G) - 3 4 - 1 4 1 - 1 + + 1 3 2 2 + + + + + 5 2 2 5 4 + 2 - 2 G) G) + 4 +10 +11 + 5 + 7 + 4 + 3 - 1 - G) 3 + 2 + 2 + 6 +16 21 PRICES OF COMMODITIES, T able 6.—IN D E X NUMBERS OF W H O L ESAL E PRICES, B Y GROUPS OF COMMODITIES AND B Y MONTHS, 1913 TO 1920—Continued. (Base: Estimated value in 1913=100.) [For explanation of method used in computing these index numbers see pp. 2 and 3.] Building materials. Year and month. House-furnish ing goods. Chemicals and drugs. Miscellaneous. All commodi ties. Per cent Per cent Per cent Per cent Per cent of in of in of in of in of in crease ( + ) crease ( + ) crease ( + ) crease ( + ) crease (+ ) Index Index Index Index or de Index or de or de or de or de num crease (—) num crease (—) num crease (—) num crease (—) num crease (—) ber. compared ber. compared ber. compared ber. compared ber. compared with pre with pre with pre with pre with pre ceding ceding ceding ceding ceding month. month. month. month. month. 1913. January............. February.......... March................ April.................. May................... June.................. 100 101 101 101 101 101 + 1 (x) (x) (x) (x) 101 101 101 101 100 100 (x) (x) (x) - 1 (x) 100 100 100 100 100 100 (x) (x) (x) (x) (x) 100 100 99 98 98 100 (x) - 1 - 1 (x) + 2 100 100 99 98 98 100 (V) - 1 - 1 (x) + 2 July.................... August.............. September........ October............. November........ December......... 101 99 99 98 98 98 (x) - 2 C1) - 1 (x) (x) 99 99 99 100 100 100 - 1 (0 (x) + 1 0) 0) 100 100 100 100 100 100 (x) (x) (x) (x) (x) (x) 101 102 102 100 100 100 + 1 + 1 (x) - 2 (x) (x) 100 101 102 101 101 99 (x) + + (x) - 1914. January............. February.......... March................ April.................. May................... June.................. 98 99 99 99 98 98 (x) + 1 (x) (x) - 1 (x) 100 100 100 100 100 100 0) (x) C1) 0) 0) (x) 99 99 99 99 99 99 - 1 (x) (x) (x) (x) (x) 99 100 101 101 101 99 + + (x) (x) - 100 99 99 98 98 99 + (x) (x) + 1 1 July.................... August.............. September........ October............. November........ December......... 97 97 96 96 95 94 0) 0) - (x) + + (x) - (x) (x) (x) (x) (x) (x) 97 98 99 96 96 98 + + (x) + 100 103 104 99 98 98 + + + (x) 1 3 1 5 1 1 99 99 99 99 99 99 2 1 1 3 1 1 99 99 104 105 105 104 1915. January............. February.......... March................ April.................. May................... June.................. 94 95 94 94 94 93 0) + 1 - 1 (x) C1) - 1 103 102 102 102 102 104 - 1 - 1 (x) (x) (x) + 2 99 99 99 99 99 99 (x) (x) (x) (x) (x) (x) 100 100 99 99 98 97 + (x) (x) - 2 99 101 99 100 101 99 + + + + - 1 2 2 1 1 2 July................... August.............. September........ October............. November........ December......... 93 92 92 93 94 97 0) (x) + + + 108 112 116 124 142 153 + 4 + 4 + 4 + 7 +15 + 8 99 99 99 99 99 99 (x) (x) (x) (x) (x) (x) 98 97 97 99 100 103 101 100 99 101 103 106 ++ + + 2 1 1 2 2 3 1916. January............. February.......... March................ April.................. May................... June................... 99 100 101 101 102 101 + + + (x) + - July.................... August.............. September........ October............. November........ December......... 99 100 100 101 104 106 + (x) + + + i No change. 1 1 1 1 1 3 2 1 1 1 1 2 1 1 3 2 1 5 1 150 170 175 172 166 166 + + (x) 2 13 3 2 4 105 105 106 108 112 112 + (x) + + + (x) 156 146 147 150 155 159 + + + + 6 6 1 2 3 3 121 122 122 124 123 124 + + (x) + + 6 1 2 4 8 1 2 1 1 1 1 1 2 2 1 1 1 + 1 - 1 (1) o + 2 + 1 + 3 1 1 1 2 1 1 107 106 109 110 113 119 + + + + + 4 1 3 1 3 6 110 112 114 117 118 119 + + + + + + 4 2 2 3 1 1 120 122 125 132 135 137 + + + + + + 1 2 2 6 2 2 119 123 128 134 144 146 (x) + + + + + 3 4 5 7 1 22 WHOLESALE PRICES, 1890 TO 1920. T able 0.—IN D E X NUMBERS OF W HOLESALE PRICES, B Y GROUPS OF COMMODITIES AND B Y MONTHS, 1913 TO 1920—Continued. (Base: Estimated value in 1913=100.) [For explanation of method used in computing these index numbers see pp. 2 and 3.} Farm products. Year and month. Fuel and light ing. Cloths and clothing. Food, etc. Metals and metal products. Percent Per cent Per cent Per cent Per cent of in of in of in of in of in crease ( + ) crease ( + ) crease ( + ) crease ( + ) crease ( + ) Index Index Index Index or de or de or de Index or de or de num crease (—) num crease (—) num crease (—) num crease (—) num crease (—) ber. compared ber. compared ber. compared ber. compared ber. compared with pre with pre with pre with pre with pre ceding ceding ceding ceding ceding month. month. month. month. month. 1917. January............. February.......... March................ April.................. May.................... June................... 148 151 163 181 197 197 July.................... August............... September........ October............. November........ December.......... 199 205 204 208 212 205 + + + + - 1918. January............. February.......... March................ April.................. May.................... June................... 207 208 212 217 214 217 + (2) + • + + 2 2 1 1 July.................... August.............. September........ October............. November........ December.......... 224 230 237 224 221 222 + + + (2) 1919. January............. February.......... March................ April.................. May.................... June................... 222 218 228 235 240 231 U) + + + - July.................... August............... September........ October............. November........ December.......... 246 243 226 230 240 244 1920. January............. February.......... March................ April.................. May.................... June................... 246 237 239 246 244 243 July.................... August............... September........ October............. November........ December......... 236 222 210 182 165 144 150 159 160 182 190 187 + 3 + 6 + 1 +14 + 4 - 2 161 162 164 169 173 179 + + + + + + 4 1 1 3 2 3 176 185 188 184 194 201 + + + + + 4 5 2 2 5 4 183 190 199 208 217 239 - 1 + 4 + 5 + 5 + 4 +10 1 3 1 2 2 3 181 180 178 183 184 185 + + + 3 1 1 3 1 1 187 193 193 193 198 202 + + 0) C1) + + 4 3 3 2 192 165 160 146 155 158 - 5 -1 4 - 3 - 9 + 6 + 2 257 249 226 182 174 174 + 8 - 3 _ 9 -1 9 - 4 1 187 186 177 178 177 179 + + + 1 1 5 1 1 1 211 216 223 232 237 245 + + + + + + 4 2 3 4 2 3 157 157 158 157 160 159 - 1 0) + 1 -1 + 2 - 1 174 176 176 177 178 178 3 3 3 5 1 184 191 199 201 206 210 + + + + + + 3 4 4 1 2 2 249 252 255 257 256 250 + + + + (2) - 2 1 1 1 2 166 166 167 167 171 171 + 4 C1) + 1 0) + 2 0) 184 185 184 187 188 184 + + + + - 3 1 1 2 1 2 2 5 3 2 4 207 196 203 211 214 204 + + + - 1 5 4 4 1 5 234 223 216 217 228 258 - 6 - 5 - 3 (2) + 5 +13 170 169 168 167 167 170 C1) + 172 168 162 152 152 154 - 7 2 4 6 6 1 7 2 4 2 216 227 211 211 219 234 + + u + + 6 5 7 4 7 282 304 306 313 325 335 + + + + + + 9 8 1 2 4 3 171 175 181 181 179 181 + + + U) + 1 4 1 3 1 253 244 246 270 287 279 + 8 - 4 + 1 +10 + 6 - 3 350 356 356 353 347 335 + + 0) - 4 2 - 3 - 6 - 5 -1 3 - 9 -1 3 268 235 223 204 195 172 - 4 -1 2 - 5 - 9 - 4 -1 2 317 299 278 257 2*34 220 - + 4 + 2 + 8 +11 + 9 C1) + — + + + + + + (2) No change. 1 1 1 1 2 0) (l) + 2 0) + 1 + 1 C1) 0) + 1 1 1 158 165 160 161 164 169 + + + + + 3 4 3 1 2 3 1 2 3 184 187 192 213 235 246 + 2 + 2 + 3 +11 +10 + 5 177 189 192 195 193 190 + + + + - 5 7 2 2 1 2 5 6 7 8 9 6 252 268 284 282 258 236 + + + - 191 193 192 184 170 157 + + - 1 1 1 4 8 8 1 2 3 2 6 6 1 9 9 3 Less than one-half of 1 per cent change. 23 PRICES OF COMMODITIES, T able 6.—IN D E X NUMBERS OF W H O LESALE PRICES, B Y GROUPS OF COMMODITIES AND B Y MONTHS, 1913 TO 1920—Concluded. (Base: Estimated value in 1913=100.) [For explanation of method used in computing these index numbers see pp. 2 and 3.] Building materials. Year and month. House-furnish ing goods. Chemicals and drugs. Miscellaneous. All commodi ties. Per cent Per cent Per cent Per cent Per cent of in of in of in of in of in crease ( + ) crease ( + ) crease (+1 crease ( + ) crease (+ ) Index Index Index Index Index or de or de or de or de or de num crease (—) num crease (—) num crease (—) num crease (—) num crease (—) ber. compared ber. compared ber. compared ber. compared ber. compared with pre with pre with pre with pre with pre ceding ceding ceding ceding ceding month. month. month. month. month. 1917. January............. February.......... March................ April.................. May.................... June.................. 106 108 110 114 117 127 Q) + + + + + 2 2 4 3 9 July.................... August............... September........ October............. November........ December.......... 132 133 134 134 134 135 + + + C1) 0) + 4 1 1 1918. January............. February.......... March................ April.................. May.................... June.................. 136 138 144 146 148 150 July................... August.............. September........ October............. November........ December......... 1 3 3 5 1 132 132 132 139 139 144 + 6 0) C1) + 5 0) + 4 138 141 143 149 150 152 +1 +2 +1 +4 +1 +1 151 156 161 172 182 185 +3 +3 +3 +7 +6 +2 1 198 209 223 252 240 238 +10 + 6 + 7 +13 - 5 - 1 152 152 152 152 155 155 + 6 O) 0) 0) + 2 C1) 153 156 155 163 166 170 +1 +2 -1 +5 +2 +2 186 185 183 181 183 182 +1 -1 -1 -1 +1 -1 + + + + + + 1 1 4 1 1 1 232 232 232 229 223 219 - 3 0) C1 - 1 - 3 - 2 161 161 165 172 173 198 + 4 (D + 2 + 4 + 1 +14 178 181 184 191 194 196 +5 +2 +2 +4 +2 +1 185 186 187 190 190 193 +1 +1 +1 +2 154 157 159 158 164 164 + + + + x) 3 2 1 1 4 216 222 220 218 215 195 + - 1 3 1 1 1 9 199 221 226 226 226 227 + 1 +11 + 2 cj 190 191 194 196 203 204 -3 +1 +2 +1 +4 (2) 198 202 207 204 206 206 1919. January............. February.......... March................ April.................. May.................... June................... 161 163 165 162 164 175 + + + + 2 1 1 2 1 7 191 185 183 178 179 174 + - 2 3 1 3 1 3 218 218 218 217 217 233 C) + 7 212 208 217 216 213 212 +4 -2 ’ +4 (2) -1 (2) 203 197 201 203 207 207 July.................... August.............. September........ October............. November........ December......... 186 208 227 231 236 253 + 6 +12 + 9 + 2 + 2 + 7 171 172 173 174 176 179 + + + + + 2 1 1 1 1 2 245 259 262 264 299 303 + 5 + 6 + 1 + 1 +13 + 1 221 225 217 220 220 220 +4 +2 -4 +1 218 226 220 223 230 238 1920. January............. February.......... March................ April.................. May.................... June................... 268 300 325 341 341 337 + 6 +12 + 8 + 5 0) - 1 189 197 205 212 215 218 + + + + + + 6 4 4 3 1 1, 324 329 329 331 339 362 + + 0) + + + +3 1 2 7 227 227 230 238 246 247 +1 +3 +3 (2) 248 249 253 265 272 269 July.................... August.............. September........ October............. November........ December......... 333 328 318 313 274 266 - 1 - 2 - 3 - 2 -1 2 - 3 217 216 222 216 207 188 (2) (2) + - 3 3 4 9 362 363 371 371 369 346 (0 (2) + 2 0) - 1 - 6 243 240 239 229 220 205 -2 -1 (2) -4 -4 -7 262 250 242 225 207 189 1 No change. 159 160 165 170 179 180 0) + + + + + f2) - 4 (*] 7 2 0) 0) 0) 2 Less than one-half of 1 per cent change. 0) +2 +3 +2 +2 -1 +1 0) -1 -3 +2 +1 +2 0) +5 +4 -3 +1 +3 +3 +4 (2) +2 +5 +3 -1 —3 -5 -3 -7 -8 -9 24 WHOLESALE PRICES, 1890 TO 1920. Table 6 and Charts la to 10a furnish a comparison of group price fluctuations by months from January, 1913, to December, 1920. The charts here shown 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 the two important groups of farm products and foodstuffs (Charts 2a and 3a) it is seen that prices moved within comparatively narrow limits during 1913 and the first half of 1914, the monthly variation at no time being more than 4 per cent. The upward trend of prices in both groups m the summer of 1913 and the downward trend of food prices early in 1914 are, however, quite noticeable. With the opening of hostilities in the summer of 1914 prices in these two groups at first rose steeply and then declined as sharply, due to the prevailing business stagnation resulting from the war. In 1915, as business became adjusted to the changed conditions brought about by the war, prices became more stable. The unprecedented advances in the last half of 1916 and the first half of 1917 as the country was preparing for war contrast strongly with price changes in the early months of the period. The steadying effect of governmental price control, inaugurated in the summer and fall of 1917, is clearly discernable 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 declines set in that brought the December level down to a point below that of any month since December, 1916. Food prices reached their peak in May, fol lowed by sharp decreases to the end of the year. In the cloths and clothing group (Chart 4a) prices showed little variation until the middle of 1915, after which they rose rapidly until the armistice period in 1918. Following the cessation of hos tilities, prices declined until the spring of 1919, when they again advanced. The peak of prices in this group was reached early in 1920, when they were over 250 per cent above the 1913 level. Later declines brought the December level almost to a par with that pre vailing in the spring of 1919. The curve for the fuel and lighting group in Chart 5a shows the steep 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, immediately before and after 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 is also emphasized by the chart. Metals and metal products (Chart 6a), after slumping; in 1914 fol lowing the outbreak of war, began to recover early m tne 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 part of 1917 prices of metals continued steeply upward, reaching their highest level in July of the latter year. At this time prices had increased 157 per cent over the average for 1913. With the inauguration of control following the entry of the United States into the war, prices declined rapidly, being only 74 per cent above the 1913 average at the end of 1917. During most of 1918 prices in this group slowly advanced, PRICES OF COMMODITIES. 25 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 sum mer of 1920. After this prices again slowly declined. In the remaining groups (Charts 7a to 10a) the effects of war are equally evident. The curve for building materials (Chart 7a) shows a downward tendency from 1913 to 1915 and an upward trend after 1915. W ith the resumption of building operations enormous increases took place in this group during 1919 ana 1920, the price level in the spring of 1920 being 240 per cent above the average for 1913. Chemi cals and drugs were affected by war conditions as early as the fall of 1914, as is seen from Chart 8a, the demand for medical and hospital lies influencing prices from the beginning of hostilities. The peak of prices in this group was reached in October, 1917, since wfich date prices have declined, with an upward tendency again evident during most of 1920. House-furnishing goods (Chart 9a) and miscellaneous commodities (Chart 10a) varied but little in price from 1913 to 1915, but increased steadily in the next three years. After temporary set backs in 1919 prices again advanced, reaching their highest levels in 1920. In the fall of 1920 house-furnishing goods averaged 370 per cent of their 1913 price. Recessions in both groups took place toward the end of the year. 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 (see pp. 36 to 40) covering the years from 1890 to 1920 and the months from January, 1913, to December, 1920, have been con structed. In this presentation the index numbers are computed in the one case from the prices of 20 important raw commodities, 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 commodities. The list of raw manufactured commodities, arranged in pairs, is as follows: Cattle (2 quotations) and beef products (3 quotations); 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); hogs (2 quotations) and hog prod ucts (5 quotations); manila hemp and rope; milk and milk products (butter, 3 quotations; cheese, 1 quotation); petroleum (crude) 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; spelter and sheet zmc; sugar (96° centrifugal) and granulated sugar; sulphur and sul phuric acid; wheat and wheat flour (2 quotations); wool (2 quotations) and woolen textiles (11 quotations). S WHOLESALE PRICES, 1890 TO 1920. Chart 2a . 375 350 325 300 FA R M PR O D U C TS (1913 9 100.) 275 250 225 200 175 150 125 100 75 PRICES OF COMMODITIES 68643°— 22— Bull. 296 400 50 40 CO -I Chart 3a . WHOLESALE PKICES, 1890 TO 1920, 1913 1914 1915 191$ 1917 1918 1919 1920 406 375 350 325 300 275 250 225 200 175 150 125 too 74 PRICES OF CO M M O D ITIE S. Chart 4a . 50 40 fcO CD O 400 375 350 325 300 275 250 225 200 175 150 125 100 75 50 40 WHOLESALE PRICES, 1890 TO 1920. 00 Chart 5a . m 375 350 325 300 275 250 225 200 175 150 125 1003 75 PBICES OP COMMODITIES Chart 6a . 50 40 co Co Chart 7a . to WHOLESALE PRICES, 1890 TO 1920. 1919 19H 1915 1916 1917 1918 1919 1920 PRICES OF COMMODITIES. Chart 8a . co Chart 9a . 400 375 350 325 30 0 275 250 200 175 150 100 TO T5 PRICES, 1890 125 W HOLESALE 225 1920. 50 40 1913 1914 1915 1916 1917 1918 1919 1920 PRICES OF CO M M O D ITIE S. Chart 10a . 3 6 WHOLESALE PRICES, 1890 TO 1920. T able 7 .— WHOLESALE PRICE INDEXES OF IDENTICAL COMMODITIES IN RAW AND MANUFACTURED STATE, 1890 TO 1920. (Base: Estimated value in 1913=100.) [For explanation of method used in computing these index numbers see pp. 2 and 3.] Raw commodities (27 price series). Year. Manufactured com modities (70 price series). Per cent Per cent Per cent of in of in of in crease (+) crease (+) crease (+) or de o r de or de Index (—) Index crease (—) Index crease (—) number. crease compared number. compared number. compared with pre with pre with pre ceding ceding ceding year. year. year. 1890.................................................. 1891.................................................. 1892.................................................. 1893.................................................. 1894.................................................. 72 71 64 66 58 - 1 -10 + 3 -i2 89 87 83 84 74 1895.................................................. 1896.................................................. 1897.................................................. 1898.................................................. 1899.................................................. 61 57 59 63 68 + + + + 5 7 4 7 8 74 71 72 74 79 1900.................................................. 1901.................................................. 1902.................................................. 1903.................................................. 1904.................................................. 74 74 79 77 80 + 0) + + 9 7 3 4 1905.................................................. 1906.................................................. 1907.................................................. 1908.................................................. 1909.................................................. 79 82 88 85 94 - 1 + 4 + 7 - 3 +11 1910.................................................. 1911.................................................. 1912.................................................. 1913.................................................. 1914.................................................. 98 90 98 100 101 1915................................................... 1916.................................................. 1917.................................................. 1918................................................... 1919................................................... 104 127 188 211 221 1920.................................................. 221 No change. All commodities (97 price series). ’ - 2 - 5 + 1 -12 79 78 72 74 65 —1 - 8 - 3 -12 + + + 4 1 3 7 67 63 65 68 73 + + + + 3 6 3 5 7 84 82 88 86 87 + + + 6 2 7 2 1 78 77 83 81 83 + + + 7 1 8 2 2 89 88 96 94 98 + + + 2 1 9 2 4 83 84 91 89 96 + + + 1 8 2 8 4 8 9 2 1 102 95 101 100 101 + + + 4 7 6 1 1 100 92 99 100 101 + + + + 4 8 8 1 1 + 3 +22 +48 +12 + 5 105 130 182 206 217 + 4 +24 +40 +13 + 5 104 128 185 209 219 + 3 +23 +45 + 13 + 5 233 + 7 226 + 3 + + + + 0) 0) 0) PRICES OF COMMODITIES. Chart 11. oo 38 W H O L E S A L E PEICES, 1890 TO 1920. Table 8.—WHOLES ALU PRICE INDEXES OP IDENTICAL COMMODITIES IN RAW AND MANUFACTURED STATE, B Y MONTHS, 1913 TO 1920. [For explanation of method used in computing these index numbers see pp. 2 and 3.] Manufactured com modities (70 price series). Raw commodities (27 price series). Year and month. Percent Per cent Per cent ofin of in of in crease (+) crease (+) crease (+) or de or de or de Index crease Index (—) Index crease (—) nuipber. (—) number. crease compared number. compared compared with pre with pre with pre ceding ceding ceding month. month. month. 1913. January............................................ February.......................................... March............................................... April................................................ May.................................................. June................................................. 97 99 100 100 97 98 July.................................................. August............................................. September....................................... October............................................ November........................................ December.................................................................... 100 101 103 103 102 100 1914. January............................................ February.......................................... March............................................... April................................................ May................................................................................... June................................................................................. 100 101 101 * 101 99 97 July................................................................................... August........................................................................... September........................................ October............................................ November........................................ December......................................... 99 106 102 98 97 96 1915. January.......................................... February.......................................... March............................................... April................................................ May................................................................................... June................................................................................. 99 103 103 104 105 104 July................................................................................... August............................................. September....................................... October............................................ November........................................ December......................................... 107 103 102 104 104 108 1916. January............................................ February.......................................... March............................................... April................................................ May................................................. June................................................. 112 114 117 119 122 121 122 127 132 141 148 July.................................................. August........................................................................... September....................................... October............................................ November........................................ December......................................... 1No change. All commodities (97 price series). 146 0 + 2 + 1 - 3 + 1 + 2 + 1 + 2 0 0 0 0 - 1 - 2 2 2 + 2 + 7 4 4 1 - 1 + 3 + 4 - 0 + 1 + 1 - 2 0 + 1 0 0 + 1 - 1 - 1 98 99 100 100 98 99 100 101 102 102 101 100 + 1 + 1 0 + 2 + 2 + 1 + 1 + 1 0 - 1 1 + 1 100 100 99 99 98 97 98 108 110 106 104 103 + 1 +10 + 2 - 4 - 2 - 1 99 107 106 101 100 99 - 104 107 105 106 106 105 + 1 + 3 - 2 + 1 + 2 + 4 - 1 + 1 + 1 - 2 0 0 1 - 1 - 1 - 0 0 0 - 1 - 1 - 1 + 2 + 8 1 5 - 1 - 1 1 101 105 104 105 106 104 106 103 99 101 105 109 + 1 - 3 - 4 + 2 + 4 + 4 106 103 101 103 104 109 + 2 3 2 + 2 + 1 + 5 + + + + + 4 2 3 2 3 - 1 113 116 120 124 125 126 + + + + + + 4 3 3 3 1 1 113 115 119 121 123 123 + + + + + + 1 126 132 135 141 150 150 5 2 4 124 129 134 141 149 + 1 + 1 1 - + 3 —4 - 1 + 2 0 100 100 101 100 100 99 99 98 97 96 96 97 + 1 - 0 99 100 100 101 99 99 + 4 + + + + - 4 4 7 5 1 0 0 0 - + + + + 6 148 - 4 2 3 2 2 0 + 1 4 + + + + - 4 6 6 1 39 PRICES OF COMMODITIES. T able 8 .—WHOLESALE PRICE INDEXES OF IDENTICAL COMMODITIES IN RAW AND MANUFACTURED STATE, BY MONTHS, 1913 TO 1920—Concluded. Manufactured com modities (70 price series). Raw commodities (27 price series). Year and month. All commodities (97 price series). Per cent Per cent Per cent of in of in of in crease (+) crease (+) crease (+) or de or de or de Index Index Index crease (—) number. crease (—) number. crease (—) number. compared compared compared with pre with pre with pre ceding ceding ceding month. month. month. 1917. January............................................ February.......................................... March............................................... April................................................ May.................................................. June................................................. 150 154 166 179 192 195 + + + + + ‘ + 3 3 8 8 7 2 153 157 163 178 192 191 + + + + + - 2 3 4 9 8 1 152 155 165 179 192 193 + 3 + 2 + 6 + 8 + 7 + 1 July................................................. August............................................. September........................................ October............................................ November........................................ December......................................... 198 204 202 205 207 200 + + + + - 2 3 1 1 1 3 191 196 193 190 188 192 C1) + + 3 2 2 1 2 195 201 198 198 199 196 4- 1 + 3 - 1 1918. January............................................ February.......................................... March............................................... April................................................ May................................................. June................................................. 203 203 207 207 205 204 + 2 0) + 2 (0 - 1 (2) 193 197 199 205 206 208 + + + + (2) + July................................................. August............................................. September........................................ October............................................ November........................................ December......................................... 212 220 224 217 214 217 4+ + + 4 4 2 3 1 1 208 209 215 212 215 217 C1) (2) + + + 1919. January............................................ February......................................... March............................................... April................................................ May.................................................. June................................................. 212 205 211 218 221 216 + + + - 2 3 3 3 1 2 210 203 207 211 215 214 + + + (2) 3 3 2 2 2 211 204 209 215 219 215 July.................................................. August............................................. September........................................ October............................................ November........................................ December......................................... 231 229 216 220 230 237 + + + + 7 1 6 2 5 3 222 225 217 220 227 237 + + + + + 4 1 4 1 3 4 227 227 217 220 229 237 1920. January— «.................................... February......................................... March............................................... April................................................ May.................................................. June................................................. 242 231 236 247 251 247 + + + + - 2 5 2 5 2 2 248 248 247 266 270 266 + (l) (2) + + - 5 July.................................................. August............................................. September....................................... October............................................ November........................................ December......................................... 242 229 218 193 174 152 - 2 —5 —5 -11 -10 -13 256 239 234 214 196 178 1No change. 1 199 201 204 206 206 206 3 1 1 1 211 215 221 215 215 217 1 2 1 3 C1) 0) C1) 0) + 1 - 2 + 4+ 4~ 2 1 1 1 + 4+ - 2 2 3 3 4- 1 444- 3 3 2 3 2 2 4- 6* 0) + 44- 4 1 4 3 8 2 1 245 238 241 255 259 255 + + + + - 3 3 1 6 2 2 - 4 - 7 —2 - 9 - 8 - 9 248 233 225 202 183 163 - 3 —6 —3 -10 - 9 -11 1 Less than one-half of 1 per cent change. Chart 11a . o 400 375 350 325 300 275 250 200 175 150 125 100 75 50 40 40 1913 1914 1915 1916 1917 1918 1919 1920 WHOLESALE PRICES, 1890 TO 1920. 225 AVERAGE WHOLESALE PRICES OE COMMODITIES. 41 An examination of the figures in the first of these two tables and of Chart 11 reveals that, in the main, fluctuations in the prices of manufactured commodities from 1890 to 1920 synchronized to a re markable degree with fluctuations in the prices of raw materials. In only two years, 1905 and 1906, did the manufactured commodities curve move in a direction contrary to that of the raw commodities curve, and in these two instances the variation may possibly be accounted for on the theory of a slight lag between prices of raw and manufactured articles. In a number of instances the per cent of change from the preceding year was exactly the same for the two curves. It will be observed, moreover, that in most of the years prior to 1917, when this country entered the war, manufactured commodities fluctuated at a considerably higher level, as compared with the base period, than did raw commodities, and that from 1917 to 1919 these conditions were exactly reversed. In 1920 manu factured commodities again fluctuated at a relatively higher level than did raw commodities. In the table and chart showing monthly price variations since 1913 the great similarity of the two curves is even more strikingly brought out. Out of 96 months for which index numbers are here given only 12 months show a movement of manufactured commodities at vari-r ance with the movement of raw commodities, and in practically all of these instances the variance may properly be ascribed to the lag between the two series of prices. An inspection of the figures in the column showing the per cent of change from the preceding month serves to emphasize the fidelity with which prices of manufactured articles have followed those of raw materials since the beginning of the period. AVERAGE WHOLESALE PRICES OF IMPORTANT COM M O D I TIES, 1890 TO 1920. The average wholesale prices of individual commodities for each year from 1890 to 1920 and for each month of 1920 are shown in detail m Table 9, which, follows. Monthly figures for the years from 1913 to 1919 have in most instances been published in previous bulletins of the Bureau.4 The table contains, in addition to the average money prices, the relative price for each year or month as compared witn prices in 1913; that is, the per cent that the average price in each year or month is of the average price in 1913. For artides added since 1913 no relative prices could be computed. The average prices shown in the table are, in all instances where this information could be obtained, based on first-hand transactions in primary markets. Thus the cattle and other live-stock 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 wholesale trade. Flour prices are those made by millers to large wholesale dealers, jobbers, «See Bulletins Nos. 149, 181, 200, 226 and 269. 4 2 WHOLESALE PRICES, 1890 TO 1920. and bakers. Leather prices are from tanners to manufacturers. Coke prices are to operators of blast furnaces. Pig-iron prices are those to foundry operators and large steel makers. Steel prices are to jobbers or large manufacturing consumers. In collecting prices for inclusion in this table the aim was to secure quotations on those particular grades or qualities of an article that represent the bulk of sales within the class. Thus in the case of commodities classed as chemicals and drugs the lower quotations were selected where a range of prices was found, because of the fact that these were believed to represent the prices of larger lots, while the higher quotations represent the prices of smaller lots. For the same reason 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 cases 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 many instances it has been ascertained 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 compara tive 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 mces shown for 1918 are necessarily restricted to the grade estabished by the United States Food Administration regulations, which became effective with the beginning of that year. The closing of the New York and New Orleans cotton exchanges in 1914, following the outbreak of hostilities in Europe, made it impos sible to obtain satisfactory price quotations for this staple during a part of that year. The average yearly prices reported for cotton in 1914 are therefore somewhat higher than would have been the case had they included quotations for the period of business demoraliza tion during which the exchanges were closed. The prices for the four grades of wool appearing in the table for 1917 to 1920 were obtained as for unwashed wool and then 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 first obtained as for washed wool and then reduced to the scoured basis in a similar manner. For all commodities 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 o f chemicals and drugs as 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 52 mean prices of No. 1 northern spring wheat at Minneapolis obtained for 1920 was found to be $133.02. This total divided by 52 gives $2,558 as the average price for 1920. 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 par ticular day of each week were used. For many commodities, how ever, monthly averages based on daily quotations have been obtain able. First of the month prices have been used for a limited number of articles whose prices are quite stable. I AVERAGE WHOLESALE PRICES OF COMMODITIES. 4 3 It 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. It 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 adopted here, which is the one usually employed in computing average prices, is believed to yield results quite satisfactory for all practical purposes. 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 cases of a few articles, such as plain wire, cut and 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 the table in the following pages. As in the table, the change in each case is measured by the average price in 1913 as the base. The charts showing yearly price changes since 1890 are all drawn to the same scale, so that these charts can readily be compared with one another. They are likewise comparable with the charts indicating yearly price fluctuations in the several groups and in all commodities combined ’(Charts 1 to 11). In like manner the charts showing monthly price variations since the beginning of 1913 can be compared directly one with another and with the group charts la to 11a. 68643°— 22— Bull. 296------4 T jlble 9 .—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1920. ^ [This table shows the average actual and the relative,prices of each commodity, each year from 1890 to 1920 and each month in 1920. The base price of each commodity, on which the relative prices are based, is shown in heavy-faced type and is the average of the actual prices for the year 1913. For further explanation and discussion of the table see pp. 41-43.] Farm products. Cotton. Middling: New Middling, upland: Orleans. New York. Barley: by sample. Chicago Average Rela Average Rela market, price per tive price per tive average pound. price. pound. price. price per bushel. Corn: cash, con Corn: cash. No. 3, tract grades. mixed. Oats: cash. Minne Choice Fair to to fancy apolis good Rela Average Rela Average Rela Average Rela malting, merket, Rela tive average malting, tive price per tive price per tive price per tive average price. average price. bushel. price. bushel. price. bushel. price. price per price per price per bushel. bushel. bushel. 1890................................ 1891................................ 1892................................ 1893................................ 1894................................ $0,111 .086 .077 .083 .070 86.7 67.3 60.1 65.1 54.7 $1.397 1.081 1.018 1.088 1.353 106.5 82.4 77.6 82.9 103.2 $0,506 .610 .509 .469 .513 72.9 87.9 73.3 67.5 74.0 $0,395 .574 .450 .396 .433 63.2 91.9 72.0 63.4 69.2 $0.311 .387 .304 .283 .311 82.7 103.1 80.9 75.2 82.8 1895................................ 1896................................ 1897................................ 1898................................ 1899................................ .073 .079 .072 .060 .066 57.1 61.9 55.9 46.7 51.4 1.245 .812 .870 1.112 1.158 94.9 61.9 66.3 84.7 88.2 .430 .298 .323 .435 .443 62.0 42.9 46.5 62.6 63.8 .396 .258 .255 .314 .333 63.3 41.3 40.7 50.3 53.3 .237 .180 .183 .247 .245 63.1 47.9 48.6 65.7 65.2 1900................................ 1901................................ 1902................................ 1903................................ 1904................................ .096 .086 .089 .112 .121 75.1 67.5 69.8 87.9 94.6 1.622 1.623 1.503 1.047 1.109 123.7 123.7 114.5 79.8 84.5 .482 .588 .632 .549 .530 69.4 84.8 91.1 79.2 76.4 .381 .497 .597 .461 .505 61.0 79.5 95.5 73.7 80.7 .227 .318 .396 .354 .365 60.4 84.6 105.4 94.2 97.1 1905................................ 1906................................ 1907................................ 1908................................ 1909................................ .096 .110 .119 .105 .121 74.7 86.2 92.9 81.8 94.7 1.198 1.103 1.181 1.202 1.565 91.3 84.1 90.0 91.6 119.3 .485 .512 .766 .734 .674 69.9 73.7 110.4 105.7 97.1 .501 .463 .528 .684 .668 80.1 74.1 84.5 109.5 106.8 .299 .328 .450 .510 .481 79.6 87.3 119.8 135.6 128.0 WHOLESALE PRICES, 1890 TO 1920. Year or month. Grain. Flaxseed: No. 1. 118.2 102.0 89.9 100.0 94.6 .096 .141 .226 .311 .319 75.7 111.0 177.9 245.1 250.8 .102 .145 .235 .318 .325 1920...................................... January....................... February.................... March........................... .330 .404 .394 .406 259.9 317.7 310.6 319.7 April............................ May.............................. June............................. .414 .404 .403 July............................. August......................... September.................. October....................... November................... December.................... $0.127 .113 1915...................................... 1916...................................... 1917...................................... 1918...................................... 1919..................................... 2.267 2.392 1.866 .720 1.102 1.019 .386 .385 .438 92.9 94.4 109.7 102.6 102.4 116.5 $1,919 $0,625 100.0 .625 100.0 $0.616 100.0 .376 100.0 1.525 113.1 .615 98.4 .695 111.2 .683 110.9 .419 111.5 79.4 113.1 183.7 248.5 253.9 1.794 2.228 3.093 3.940 4.533 133.0 165.2 229.3 292.1 336.0 .704 .867 1.315 1.305 1.217 112.5 138.7 210.2 208.8 194.6 .730 .825 1.637 1.605 1.597 116.7 132.0 261.9 256.8 255.4 .722 .812 1.620 1.523 1.580 117.3 131.9 263.2 247.4 256.7 .496 .455 .637 .775 .700 131.9 121.1 169.6 206.1 186.3 .339 .393 .388 .414 264.9 307.1 303.2 323.7 3.792 5.106 5.151 5.057 281.1 378.5 381.9 374.9 1.263 1.494 1.390 1.518 202.0 238.9 222.3 242.8 1.414 1.503 1.450 1.579 226.2 240.4 232.0 252.5 1.397 1.475 1.413 1.552 226.9 239.6 229.5 252.1 .796 .836 .833 .901 211.8 222.4 221.7 239.8 326.3 318.0 317.3 .424 .413 .393 331.4 323.2 307.3 4.710 4.591 3.918 349.1 340.3 290.4 1.656 1.725 1.520 264.9 275.9 243.1 1.706 1.995 1.851 273.0 319.1 296.1 1.691 1.983 1.839 274.8 322.1 298.8 1.003 1.095 1.114 266.8 291.4 296.4 .395 .338 .271 311.0 266.1 213.1 .410 .360 .301 320.6 281.1 235.0 3.462 3.264 3.219 256.6 242.0 238.6 1.214 1.085 1.006 194.1 173.5 160.9 1.549 1.541 1.315 247.8 246.5 210.4 1.539 1.531 1.294 250.0 248.7 210.2 .935 .699 .585 248.8 186.0 155.5 .209 .178 .144 164.4 140.2 113.7 .226 .190 .155 176.8 148.4 120.8 2.839 2.285 2.059 210.4 169.4 152.6 .923 .867 .779 147.5 138.7 124.5 .888 .807 .755 142.0 129.1 120.8 .878 .800 .734 142.6 130.0 119.3 .530 .516 .494 141.0 137.3 131.6 1.349 100.0 .694 103.7 158.8 146.8 .581 .590 .686 172.8 182.3 142.2 AVERAGE WHOLESALE PRICES OE COMMODITIES, 100.0 88.7 .151 .130 .115 .128 .121 1910..................................... 1911...................................... 1912..................................... 1913..................................... 1914..................................... Cn 12. oa WHOLESALE PRICES, 1890 TO 1920, Chart 8 3 ! 8 CO 8 ' S S * S 8 8 80 5 S 8 § S S I 8 B S 8 S 0 5a 9 S S i a s & S 2 ' 8 0 5 Chart 12a . 4p0 375 350 325 275 250 225 200 175 150 125 100 75 50 40 1913 1914 1915 1916 1917 1918 1919 1920 AVERAGE WHOLESALE PRICES OF COMMODITIES. 300 13. 00 WHOLESALE PRICES, 1890 TO 1920, Chart Chart 13a . 400 325 350 325 275 250 225 200 175 150 125 100 75 50 AVERAGE WHOLESALE PRICES OF COMMODITIES. 300 40 19)3 1914 1915 1916 1917 1918 1919 1920 CD Cn O WHOLESALE PRICES, 1890 TO 1920. Chart 14. AVERAGE WHOLESALE PRICES OF COMMODITIES, Chart 14a . Ox M Or to WHOLESALE PRICES, 1890 TO 1920. Chart 15. Chart 15a . 400 m 350 325 275 250 225 200 175 150 125 100 75 50 AVERAGE WHOLESALE PRICES OF COMMODITIES, 300 40 1913 1914 1913 1916 1917 1919 1919 1920 cn oo Cn T able 9.—AVER AGE W HOLESALE PRICES OF COMMODITIES, 1890 TO 1920—Continued. Farm products. Hay. Grain. Wheat: cash, Chicago. Rye: No. 2, cash. Clover, mixed: No. 1. Range of No. 1 No. 2 No. 1 northern northern Rela red Rela Average Rela Average Rela Average Rela Average Rela Average Rela Average Rela spring and spring, winter, tive price per tive price per tive price per tive price per tive price per tive price per tive tive No. 2 red average price. average price. bushel. price. bushel. bushel. price. winter, price. bushel. price. short ton. price. short ton. price. aver price per price per bushel. age price per bushel. bushel. 1890 ...................... 1891............................. 1892............................. 1893............................. 1894............................. $0,545 .833 .675 .490 .466 85.6 131.0 106.2 77.0 73.2 $0,893 .962 .788 .677 .559 93.7 100.9 82.6 71.0 58.6 1895............................. 1896............................. 1897............................. 1898............................. 1899............................. .483 .352 .396 .496 .552 75.8 55.3 62.3 77.9 86.8 .600 .641 .795 .885 .711 62.9 67.3 83.4 92.8 74.6 1900............................. 1901............................. 1902 .............. 1903............................. 1904............................. .518 .533 .542 .516 .706 81.4 83.7 85.2 81.0 110.9 .704 .719 .741 .790 1.039 73.8 75.4 77.8 82.8 109.0 1905 ..................... 1906............................. 1907.......................... 1908.......................... 1909............................. .711 .611 .769 .783 .783 111.8 96.0 120.8 123.0 123.0 1.010 .793 .907 .990 1.200 106.0 83.2 95.2 103.8 125.8 Alfalfa: No. 1. W H O L E S A L E PEXCES, 1890 TO 1920. Year or month. • Wheat: No. 2 Wheat: No. 1 Wheat: No. 1 hard winter,cash, northern spring, hard white, cash, Kansas City. cash,Minneapolis. Portland, Oreg. 1910............................. 1911............................. 1912............................. 1913.............................. 1914............................. .777 .902 .798 122.2 141.7 125.5 .768 120.6 .636 100.0 1.097 .984 1.049 .953 $0,913 1.041 115.1 103.3 110.0 100.0 114.0 100.0 1.005 101.9 1.307 1.351 2.278 2.209 2.357 $0,877 100.0 .939 107.1 132.5 136.9 231.0 224.0 239.0 1.290 1.329 2.296 2.159 2.418 $0,874 100.0 $0,929 166.6 1.009 108.6 149.5 161.5 266.1 250.8 293.8 1.116 1.175 2.059 2.159 2.398 120.2 126.5 221.6 232.5 258.1 13.476 14.577 24.610 27.842 31.942 1.003 114.8 147.2 151.6 261.8 246.3 275.8 1.306 1.411 2.325 2.191 2.566 $14.186 14.375 100.0 $ 15.583 101.3 17.292 111.0 95.0 102.8 173.5 196.3 225.2 17.958 16.000 19.948 26.708 30.863 115.2 102.7 128.0 171.4 198.0 loo.o 1915............................. 1916............................. 1917............................. 1918............................. 1919............................. 1.092 1.113 1.871 1.940 1.534 171.6 174.9 294.1 304.9 241.1 1.344 147.2 1.417 155.1 2.321 *254.2 2.235 244.8 2.563 280.7 1920............................. January............... February........... March.................. 1.873 1.766 1.568 1.744 294.4 277.5 246.5 274.1 2.601 3.100 2.623 2.655 284.9 339.5 287.2 290.8 2.523 2.634 2.490 2.500 255.8 267.0 252.5 253.5 2.455 2.766 2.461 2.545 280.0 315.5 280.7 290.3 2.558 2.931 2.688 2.755 292.9 335.6 307.7 315.4 2.575 3.200 3.006 2.800 277.1 344.5 323.0 301.4 30.293 35.750 34.500 33.688 213.5 252.0 243.2 237.5 33.091 32.719 34.938 36.813 212.3 210.0 224.2 236.2 April............. May...................... June.............. 2.007 2.174 2.208 315.5 341.7 347.1 3.025 3.231 3.006 331.3 353.9 329.2 2.773 2.975 2.895 281.1 301.6 293.5 2.789 2.929 2.805 318.1 334.1 319.9 3.006 3.075 2.900 344.2 352.0 332.0 2.938 2.913 2.960 316.2 313.5 318.6 34.000 35.300 31.813 239.7 248.8 224.2 40.375 42.188 38.950 259.1 270.7 249.9 July............... August................ September.......... 2.232 1.963 1.945 350.9 308.6 305.8 2.868 2.571 2.482 314.0 281.5 271.8 2.805 2.474 2.492 284.4 250.8 252.7 2.748 2.452 2.450 313.4 279.7 279.4 2.831 2.550 2.490 324.1 291.9 285.1 2.813 2.480 2.363 302.8 267.0 254.3 27.500 29.313 27.813 193.9 206.6 196.1 34.500 31.200 28.563 221.4 200.2 183.3 October............... November December........... 1.696 1.577 1.598 266.5 247.9 251.2 2.162 1.810 1.770 236.8 198.2 193.9 2.205 2.057 2.013 223.5 208.6 204.0 2.079 1.793 1.701 237.1 204.5 194.1 2.106 1.753 1.681 241.1 200.7 192.4 2.175 1.630 1.575 234.1 175.5 169.5 24.300 25.500 23.625 171.3 179.8 166.5 27.000 27.000 23.375 173.3 173.3 150.0 AVEBAGE WHOLESALE PEICES OF COMMODITIES, $0,986 Cn Cn T able 9 .—AVERAGE W HOLESALE PRICES OF COMMODITIES, 1890 TO 1920—Continued. Oi OS Farm products. Hay. Year or month. Hides. Timothy: No. 1. Rela tive price. 1890................................... 1891................................... 1892................................... 1893................................... 1894................................... $9,995 12.286 11.838 11.207 10.418 1895................................... 1896................................... 1897................................... 1898................................... 1899................................... Rela tive price. Goatskins: Brazilian. Green, salted, packers’ : heavy native steers. Average price per pound. Rela tive price. 62.4 76.7 73.9 69.9 65.0 $0,093 .095 .087 .075 .064 11.384 10.327 8.442 8.332 10.075 71.0 64.4 52.7 52.0 62.9 1900................................... 1901................................... 1902................................... 1903................................... 1904................................... 11.567 12.826 12.615 12.428 11.731 1905................................... 1906................................... 1907................................... 1908................................... 1909................................... 1910................................... 1911................................... 1912................................... 1913................................... 1914................................... Green, salted, packers’ : heavy Texas steers. Pacific coast. Rela tive price. Rela tive price. 50.7 51.7 47.3 40.7 34.9 $0,262 .264 .251 .227 .152 98.4 99.1 94.1 85.3 56.9 $4.870 5.885 5.091 5.521 5.159 54.5 65.9 57.0 61.8 57.8 .103 .081 .100 .115 .124 55.9 44.1 54.2 62.6 67.2 .094 .088 .116 .162 .156 35.3 32.9 43.6 60.9 58.7 5.485 4.596 5.226 5.378 5.993 61.4 51.5 58.5 60.2 67.1 72.2 80.0 78.7 77.5 73.2 .119 .124 .134 .117 .117 64.9 67.3 72.8 63.6 63.4 .148 .172 .238 .283 .348 55.7 64.6 89.2 106.1 130.5 5.783 6.122 7.472 5.568 5.956 64.8 68.6 83.7 62.4 66.7 11.260 12.962 16.939 12.337 13.457 70.2 80.9 105.7 77.0 84.0 .143 .154 .146 .134 .165 77.8 83.9 79.1 72.6 89.6 .267 .163 .174 .119 .201 100.4 61.2 65.3 44.6 75.4 5.968 6.130 6.544 6.816 7.339 66.8 68.6 73.3 76.3 82.2 17.269 19.664 20.410 16.029 15.686 107.7 122.7 127.3 100.0 97.9 .155 .148 .176 .184 .196 84.1 80.3 95.7 100.0 106.7 .259 .365 .410 .266 .396 97.2 137.1 154.0 100.0 148.8 7.771 7.234 9.359 8.929 9.652 87.0 81.0 104.8 100.0 108.1 $0.189 .210 100.0 111.3 Average price1 per pound. Average price per pound. $0.181 .192 100.0 105.9 Average price per pound. Cattle: steers, choice to prime. Average price per pound. Average price per pound. Rela tive price. New York State: prime to choice. Live stock (for food). $0.172 .153 100.0 88.8 Average Rela price per tive 100 pounds. price. WHOLESALE PRICES, 1890 TO 1920. Average price per short ton. Calfskins: country, No. 1. Hops. 131.6 142.4 178.0 163.8 213.8 .215 .239 .312 .280 .357 118.9 132.0 172.2 154.6 197.5 .183 .284 .533 .385 .588 68.5 106.7 200.3 144.6 220.7 .114 .103 .129 .179 .555 66.1 60.1 75.0 104.2 322.7 9.312 10.420 13.831 17.343 18.658 104.3 116.7 154.9 194.2 209.0 195.3 395.0 351.3 286.3 1.723 2.388 2.488 2.367 .312 .400 .403 .364 169.8 217.5 218.9 197.9 .271 .335 .340 .312 150.0 185.2 187.9 172.5 .799 .825 .823 .841 300.2 309.8 308.9 315.8 .732 .850 .800 .792 425.8 494.5 465.4 460.7 15.907 17.656 16.219 15.325 178.2 197.7 181.6 171.6 .525 .450 .305 278.4 238.6 161.7 2.375 2.263 1.625 .361 .354 .341 196.5 192.4 185.4 .325 .338 .337 179.7 186.6 186.3 .994 1.025 .985 373.2 384.9 369.9 .943 1.000 1.000 548.3 581.7 581.7 14.531 13.400 16.206 162.7 150.1 181.5 237.9 241.4 211.3 .306 .229 .229 162.4 121.6 121.4 1.488 1.350 1.350 .294 .285 .284 160.1 155.0 154.4 .276 .249 .239 152.7 137.5 132.1 .949 .848 .703 356.3 318.4 263.8 .963 .788 .531 559.9 458.4 309.1 16.419 16.850 17.388 183.9 188.7 194.7 196.5 198.4 174.7 .184 .169 .141 97.5 89.5 74.8 1.231 1.050 .870 .255 .233 .190 138.7 126.4 103.3 .194 .163 .160 107.1 89.8 88.4 .598 .540 .459 224.4 202.8 172.3 .388 .373 .261 225.8 216.7 152.0 17.281 16.525 13.469 193.6 185.1 150.9 16.476 16.625 20.846 28.582 32.184 102.8 103.7 130.1 178.3 200.8 .215 .338 .406 .371 .685 114.2 178.9 215.3 196.8 363.0 1920................................... January.................... February.................. March........................ 36.098 31.875 34.250 34.600 225.2 198.9 213.7 215.9 .368 .745 .663 .540 April......................... M ay.......................... June........................... 41.875 45.375 41.500 261.2 283.1 258.9 July........................... August...................... September................ 38.125 38.700 33.875 October..................... November................. December................. 31.500 31.800 28.000 1No relative price computed. AVERAGE WHOLESALE PRICES OF COMMODITIES. SI. 371 1.242 1.904 .242 .262 .327 .301 .393 1915................................... 1916................................... 1917................................... 1918................................... 1919................................... Or -3 cn 00 WHOLESALE PRICES, 1890 TO 1920. Chart 16. Chart 16a . 4$) 375 350 325 300 275 250 225 200 175 150 125 100 n AVEBAGE WHOLESALE PRICES OF COMMODITIES. 68643°— 22— Bull. 296Ol 400 40 Ol zO WHOLESALE PRICES, 1890 TO 1920. Chart 17. 17 a . 400 375 350 325 300 275 250 225 200 175 150 125 100 75 50 40 AVERAGE WHOLESALE PRICES OF COMMODITIES. Chart 05 to WHOLESALE PRICES, 1890 TO 1920. Chart 18. o o o o 10 cd to o oo as o <M CO ID CD t> Chart 18a . AVERAGE WHOLESALE PRICES OE COMMODITIES, H^ 1913 W F-» ^ ^ 'I r-» 1914 --a ^1 UJ 1916 !■*-» r—« r—I »—I »—I S •—9t 1915 ■** I'"’ *—» »—«r-« -*’ * till ^ ^ •* ' ’ ’ * r—» -» I—n »—? r-^ ''■t V« W •—•*—»*# •—*—* ^ •—» ' # ' * 191ft 1919 ^ ^ ' ’ ' • ' ’ • ' ^r—•• « • # 1920 O* CO T able 9 .—AVERAGE W HOLESALE PRICES OF COMMODITIES, 1890 TO 1920—Continued. Farm products. Live stock (for food). Cattle: steers, good to choice. Hogs: heavy. Hogs: light. Sheep. Year or month. 1890...................................... 1891...................................... 1892...................................... 1893...................................... 1894...................................... Average price per Rela tive 100 pounds. price. Western wethers, average price per 100 pounds. Western wethers, Ewes, plain to 4 - average prime, price per average 100 price per pounds. 100 pounds. Lambs, average price per 100 pounds. Native wethers, Wethers, average average per price per price 100 100 poundspounds. Rela tive price. Average price per 100 pounds. Rela tive price. $4.138 5.098 4.500 4.839 4.525 48.6 59.9 52.9 56.9 53.2 S3.953 4.423 5.155 6.549 4.972 47.3 52.9 61.6 78.3 59.4 $3.926 4.340 5.068 6,575 4.933 46.4 51.3 59.9 77.8 58.3 $4.664 4.572 4.870 4.126 2.981 97.8 95.8 102.1 86.5 62.5 $4.528 4.511 4.780 3.878 2.696 99.4 99.0 104.9 85.1 59.2 1895...................................... 1896...................................... 1897................................ 1898...................................... 1899...................................... 4.934 4.271 4.774 4.885 5.385 58.0 50.2 56.1 57.4 63.3 4.278 3.358 3.591 3.805 4.039 51.1 40.1 42.9 45.5 48.3 4.253 3.559 3.722 3.759 4.071 50.3 42.1 44.0 44.5 48.2 3.094 3.141 3.769 4.163 4.162 64.9 65.8 79.1 87.2 87.2 2.950 2.932 3.497 3.925 3.884 64.7 64.4 76.8 86.2 85.2 1900 1901 1902 1903 1904 5.394 5.590 6.557 5.062 5.192 63.4 65.7 77.1 59.5 61.0 5.082 5.958 6.970 6.057 5.155 60.7 71.2 83.3 72.4 61.6 5.114 5.918 6.735 6.054 5.148 60.5 70.0 79.7 71.6 60.9 4.521 3.744 4.178 3.877 4.261 94.8 '78.5 87.7 81.3 89.3 4.124 3.352 3.782 3.710 4.146 90.5 73.6 83.0 81.4 91.1 5.219 5.357 5.812 5.998 6.453 61.4 63.0 68.3 70.5 75.9 5.291 6.235 6.080 5.799 7.572 63.3 74.5 72. 7 69.3 90.5 5.321 6.327 6.216 5.635 7.361 62.9 74.8 73.5 66.7 87.1 5.080 5.279 4.884 106.5 110.7 102.4 90.8 99.4 5.053 4.948 4.896 7.017 6.727 8.402 8.507 9.039 82.5 79.1 98.8 100.0 106.2 8.943 6.747 7.595 8.365 8.361 106.9 80.7 90.8 100.0 99.9 9.009 6.726 7.552 8.454 8.382 106.6 79.6 89.3 100.0 99.1 1905 1906 1907 1908 1S09 .................................. .................................. .................................. .................................. . ............. 1910 1911 1912 1913 ........................ 1914...................................... 85.421 4.812 5.271 5.395 3.941 4.901 5.301 $4,687 5.044 Rela tive price. 101.8 71.4 92.5 100.0 107.6 $7.794 8.115 Rela tive price. 100.0 104.1 Rela tive price. $5.746 4.951 5.430 110.9 108.7 107.5 92.6 101.6 5.544 4.280 4.928 5.347 5.830 103.7 80.0 92.2 100.0 109.0 WHOLESALE PRICES, 1890 TO 1920. Average price per 100 pounds. 8.702 9.573 12.809 16.424 17.496 102.3 112.5 150.6 193.1 205.7 7.131 9.615 15.705 17.600 18.244 85.2 114.9 187.7 210.4 218.1 7.187 9.400 15.459 17.804 18.326 85.0 111.2 182.9 210.6 216.8 5.929 7.166 10.332 11.288 9.351 126.5 152.9 220.4 240.8 199.5 9.233 11.017 16.092 17.325 16.125 118.5 141.3 206.5 222.3 206.9 6.690 7.994 11.708 12.589 11.008 125.1 149.5 219.0 235.4 205.9 1920................................. January.................... February................... March....................... 14.486 15.938 14.969 14.400 170.3 187.3 176.0 169.3 14.187 15.094 14.513 14.435 169.6 180.4 173.5 172.6 14.711 15.125 14.981 15.500 174.0 178.9 177.2 183.3 8.744 10.875 13.063 13.525 186.6 232.0 278.7 288.6 15.904 19.594 20.519 19.400 204.1 251.4 263.3 248.9 10.443 12.625 14.781 14.675 195.3 236.1 276.4 274.4 April......................... May.......................... June.......................... 13.906 12.600. 15.031 163.5 148.1 176.7 14.806 13.975 14.725 177.0 167.1 176.0 15.713 14.755 15.350 185.9 174.5 181.6 14.250 12.525 7.344 304.0 267.2 156.7 20.250 18.515 14.969 259.8 237.5 192.0 15.656 13.600 8.688 292.8 254.3 162.5 July.......................... August...................... September................. 15.381 15.350 15.250 180.8 180.4 179.3 14.856 15.130 16.544 177.6 180.9 197.8 15.888 15.735 17.069 187.9 186.1 201.9 6.594 6.575 5.544 140.7 140.3 118.3 14.719 13.300 13.388 188.8 170.6 171.8 8.625 8.375 7.344 161.3 156.6 137.3 October..................... November................. December.................. 14.688 14.575 12.094 172.7 171.3 142.2 14.775 12.120 9.538 176.6 144.9 114.0 14.788 12.140 9.663 174.9 143.6 114.3 5.219 5.150 3.563 111.3 109.9 76.0 12.531 12.150 11.581 160.8 155.9 148.6 7.381 7.250 5.781 138.0 135.6 108.1 AVERAGE WHOLESALE PRICES OF COMMODITIES, 1915................................. 1916................................. 1917................................. 1918................................. 1919................................. a Oi O* T able 9.—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1920—Continued. Farm products. Food, etc. Poultry. Peanuts: No. 1 grade. Year or month. Live fowls: Chicago. Bread. Live fowls: New York. Tobacco: Burley, dark red, good leaf. Beans: medium, choice. Crackers. $2,029 2.253 1.870 1.991 1.847 1895................................. 1896................................. 1897................................. 1898................................. 1899................................. 84.8 $0.070 94.2 .070 78.1 .069 83.2 .065 77.1 .065 77.8 77.8 76.4 72.2 72.2 $0,080 .080 .076 .075 .073 123.1 123.1 117.4 115.4 111.5 1.790 1.174 1.045 1.248 1.453 74.8 49.0 43.7 52.1 60.7 .065 .065 .059 .073 .071 72.7 72.2 65.8 81.4 79.2 .068 .066 .059 .076 .066 103.8 101.2 91.1 116.6 102.0 1900................................. 1901................................. 1902................................. 1903................................. 1904................................. 2.097 2.193 1.920 2.263 2.010 87.6 91.6 80.2 94.5 83.9 .075 .080 .080 .076 .078 83.3 88.9 88.9 84.2 86.1 .068 .070 .070 .065 .066 103. 8 107.7 107.7 99.4 101.2 1905................................. 1906................................. 1907................................. 1908............................... 1909................................. $0.133 .160 79.3 95.4 89.8 79.3 74.3 96.9 102.4 .089 .090 .090 $0,065 .065 .065 99.1 100.0 100.0 100.0 100.6 .068 .065 .065 .065 .065 105.1 100.0 100.0 100.0 100.6 1910................................. 1911................................. 1912................................. 1913................................. 1914................................. .169 .145 .149 .167 .165 101.0 86.3 88.7 100.0 98.6 100.2 95.6 116.8 100.0 101.1 .070 .070 .065 .065 .065 107.7 107.7 100.0 100.0 100.0 .070 .065 .065 .065 .065 107.7 100.0 100.0 100.0 100.0 $0.036 .040 100.0 113.2 $0.154 .145 100.0 94.2 17.598 ii4.i 133.3 2.150 1.900 1.777 2.320 2.450 15.537 11.346 11.428 13.202 14.654 117.7 85.9 86.6 100.0 111.0 2.399 2.289 $3.814 4.661 3.980 4.033 n b .m 1890 TO 1920. 1890................................. 1891................................. 1892................................. 1893................................. 1894................................. Oyster, Soda, average Rela average Rela tive price per tive price per price. pound. price. pound. WHOLESALE PRICES, Butter, Aver Average Rela Average Rela Average Rela Average Rela Average age Relative average tive price per tive price per price per tive price per tive price per price price pound. price. pound. price. pound. price. 100pounds. price. bushel. per 100 price. per pounds. pound. .035 .036 .069 .098 .074 97.5 101.4 193.8 276.6 207.9 .137 .164 .198 .259 .284 88.6 106.2 128.2 168.3 184.2 .161 .189 .238 .324 .341 96.4 112.6 142.0 193.6 203.6 13.789 15.231i 22.302 36.567 32.346 104.4 115.4 168.9 277.0 245.0 5.813 8.450 13.785 12.109 8.058 145.,7 211..8 345. 5 303. 5 202.,0 .071 .073 .114 .148 .152 109.7 111.5 175.7 228.2 234.5 .071 .073 .114 .148 .152 109.7 111.5 175.7 228.2 234.5 1920................................ January.................... February.................. March....................... .081 .098 .098 .093 229.0 276.3 274.6 260.6 .308 .298 .339 .388 199.8 193.1 219.9 251.8 .377 .374 .413 .418 225.3 223.3 246.4 249.9 34.183 39.000 38.000 37.000 258.9 295.4 287.8 280.3 7.430 7.844 8.000 7.700 186. 2 196. 6 200.,5 193.,0 .175 .160 .160 .160 269.2 246.2 246.2 246.2 .175 .160 .160 .160 269.2 246.2 246.2 246.2 April........................ May.......................... June......................... .093 .093 .086 260.6 260.6 240.8 .386 .358 .318 250.2 232.0 206.4 .501 .386 .375 299.3 230.8 224.0 35.000 33.500 32.500 265.1 253.8 246.2 7.500 7.750 8.150 188.,0 194.,3 204.,3 .160 .160 .190 246.2 246.2 292.3 .160 .160 .190 246.2 246.2 292.3 July......................... August..................... September................ .085 .083 .083 239.4 233.8 232.4 .308 .333 .305 199.9 216.1 197.9 .351 .378 .385 209.7 225.5 230.0 32.500 32.500 32.500 246.2 246.2 246.2 8.188 8.050 7.563 205..2 201.,8 189..6 .190 .190 .190 292.3 292.3 292.3 .190 .190 .190 292.3 292.3 292.3 October.................... November................ December................. .070 .053 .047 197.2 147.9 131.3 .233 .212 .214 151.3 137.6 138.7 .292 .349 .291 174.3 208.4 173.8 32.500 32.500 32.500 246.2 246.2 246.2 6.688 6.000 5.688 167..6 150..4 142..6 .190 .190 .160 292.3 292.3 246.2 .190 .190 .160 292.3 292.3 246.2 AVERAGE WHOLESALE PRICES OF COMMODITIES. 1915................................ 1916................................. 1917................................ 1918................................. 1919................................. 05 O T able 9 . —AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1920—Continued. 00 Food, etc. Bread. Year or month. Loaf: before baking, Chicago. Rela Washington, aver Cincinnati, tive D. C., price price per average per pound. price. agepound. Rela tive price. Loaf: before baking, New Orleans, average price1per pound Loaf: before baking, New York. Average price per pound. Loaf: before baking, San Francisco, Rela average price1per tive pound. price.1 1890...................................... 1891...................................... 1892...................................... 1893...................................... 1894...................................... SO.036 .036 .036 .036 .036 89.0 89.0 89.0 89.0 89.0 SO. 032 .032 .032 .032 .032 75.5 75.5 75.5 75.5 75.5 1895...................................... 1896...................................... 1897................................ 1898...................................... 1899...................................... .033 .036 .036 .036 .036 83.2 90.8 89.0 89.0 89.0 .032 .029 .032 .032 .032 75.5 67.7 75.5 75.5 75.5 1900...................................... 1901...................................... 1902...................................... 1903...................................... 1904...................................... .036 .036 .036 .036 .036 89.0 89.0 89.0 89.0 90.8 .032 .032 .032 .032 .035 75.5 75.5 75.5 75.5 82.5 1905...................................... 1906...................................... 1907...................................... 1908.................................... 1909.................................... .036 .036 .036 .036 .038 89.0 89.0 89.0 89.0 94.2 .038 .038 .038 .040 .040 88.7 88.7 88.7 94.3 94.3 1910.................................... 1911...................................... 1912................................. 1913.................................... 1914...................................... .039 .039 .039 .040 .040 97.0 97.0 97.0 100.0 100.0 .040 .040 .042 .042 .044 94.3 94.3 100.0 100.0 104.0 SO.043 6) SO.036 SO. 032 Creamery, extra, Boston. Average price per pound. Creamery: firsts, Boston. Rela tive price. Average price per pound. 100.0 92.6 $0.297 .273 Rela tive price. . SO.040 $0.317 .294 100.0 91.7 WHOLESALE PRICES, 1890 TO 1020. Average price per pound. Loaf: before baking- Butter. 1915 1916 1917 1918 1919 044 047 068 075 076 1920 ............. January... February.. March...... 093 .080 .089 .089 April........ May.......... June......... .089 .098 .098 July......... August__ September. October. . . November. December. 1 No relative price computed. .040 .045 .067 .072 .076 112.4 126.1 186.8 203.1 212.4 .039 .040 .056 .065 .069 .048 .048 .069 .073 .074 112.0 112.5 163.4 171.9 175.5 .041 .042 .059 .069 .071 .293 .334 .415 .506 .598 92.2 105.4 130.8 159.6 188.6 .273 .318 .403 .492 .578 91.7 107.1 135.5 165.4 194.3 .083 .076 .076 .076 232.0 212.4 212.4 212.4 .081 .076 .076 .076 .087 .079 .082 .082 205.7 185.8 194.3 194.3 .082 .082 .082 .082 .600 .638 .643 .664 189.2 201.0 202.6 209.3 .568 .616 .614 .633 191.2 207.3 206.5 212.9 (0 C1) .076 .076 .089 212.4 212.4 249.7 .076 .076 .085 .088 .089 .089 207.8 210.8 210.8 .082 .082 .082 .675 .600 .570 212.8 189.2 179.7 .648 .589 .551 217.8 198.3 185.2 .098 .098 .098 l1) 0) 0) .089 .089 .089 249.7 249.7 249.7 .085 .085 .085 .089 .089 .089 210.8 210.8 210.8 .082 .082 .082 .570 .561 .585 179.7 177.0 184.4 .551 .538 .554 185.4 180.8 186.3 .098 .098 .089 0) 0) C1) .089 .089 .080 249.7 249.7 224.7 .085 .085 .080 .089 .089 .089 210.8 210.8 210.8 .082 .082 .078 .581 .590 .537 183. sr 186.0 169.3 .535 .531 .475 180.0 178.7 159.8 C1) C1) (!) (0 C1) C1) (l) C1) 0) 0) AVERAGE W H O L E S A L E PRICES OE CO M M O DITIES, ............. ............. ............. ............. ............. o> C0 T able 9 .—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1920—Continued. O Food, etc. Butter. Year or month. Creamery: extra, Creamery: stand Creamery: firsts, Creamery: extra, Creamery: seconds, Boston. Chicago. ards, Chicago. Chicago. Cincinnati. Creamery: cen tralized firsts, Cincinnati. Creamery: cen ery: fancy, tralized seconds, Cream New Orleans. Cincinnati. 1890.................................... 1891.................................... 1892.................................... 1893.................................... 1894................................... 1895.................................... 1896.................................... 1897.................................... 1898.................................... 1899.................................... 1900.................................... 1901.................................... 1902.................................... 1903.................................... 1904.................................... 1905.................................... 1906.................................... 1907................................. 1908.................................... 1909.................................... 1910.................................... 1911................................. 1912................................. 1913.................................... 1 $0.275 .245 100.0 89.1 $0,310 .287 100.0 92.6 $0,297 .273 100.0 92.0 $0,276 .252 100.0 $0,347 100.0 $0.302 .328 94.5 .269 91.31914.................................... 100.0 89.1 $0.256 .222 100.0 86.6 $0,336 .316 100.0 94.1 WHOLESALE PRICES, 1890 TO 1920. Average Rela Average Rela Average Rela Average Rela Average Rela Average Rela Average Rela Average Rela price per tive price per tive price per tive price per tive price per tive price per tive price per tive price per tive pound. price. pound. price. pound. price. pound. price. pound. price. pound. price. pound. price. pound. price. .251 .302 .388 .467 .550 91.2 109.9 140.9 169.7 199.8 .284 .325 .411 .495 .586 91.4 104.8 132.4 159.3 188.7 .274 .318 .403 .486 .561 92.4 107.1 135.9 163.6 189.0 .254 .301 .383 .473 .552 92.3 109.3 138.8 171.6 200.2 .324 .365 .441 .533 .622 93.3 105.2 127.1 153.7 179.3 .265 .306 .386 .487 .571 87.7 101.4 127.9 161.3 189.2 .230 .276 .358 .474 .563 89.8 107.8 139.8 185.5 220.3 .313 .356 .441 .526 .623 93.2 105.9 131.3 156.4 185.3 1920.................................... January....................... February..................... March,......................... .520 .585 .561 .564 189.2 212.7 204.1 205.1 .584 .631 .622 .663 188.1 203.4 200.4 213.6 .562 .601 .616 .664 189.2 202.5 207.6 223.8 .535 .587 .589 .624 194.3 213.1 213.7 226.6 .624 .661 .666 .701 179.7 190.6 192.0 202.0 .572 .611 .624 .651 189.5 202.6 206.7 215.7 .551 .601 .606 .641 215.4 235.2 237.1 250.7 .632 .671 .650 .697 188.1 199.7 193.4 207.4 April........................... May............................. June............................ .595 .568 .520 216.4 206.4 189.1 .639 .571 .549 205.8 184.0 177.0 .639 .566 .540 215.2 190.6 181.9 .604 .541 .506 219.2 196.2 183.8 .685 .620 .583 197.4 178.7 168.0 .635 .570 .533 210.4 188.9 176.6 .625 .560 .523 244.4 219.0 204.5 .695 .654 .610 206.8 194.5 181.5 July............................. August......................... September................... .515 .504 .510 187.3 183.2 185.5 .553 .540 .568 178.0 174.0 182.8 .543 .527 .534 182.9 177.6 180.0 .511 .501 .514 185.5 182.0 186.5 .593 .589 .616 170.7 169.7 177.6 .543 .539 .566 179.8 178.6 187.6 .533 .529 .556 208.3 206.9 217.6 .600 .586 .615 178.5 174.4 183.0 October....................... November................... December.................... .476 .460 .407 173.2 167.3 148.0 .568 .590 .508 182.8 190.1 163.5 .519 .553 .441 174.6 186.1 148.6 .505 .516 .427 183.3 187.4 155.0 .613 .616 .543 176.5 177.5 156.3 .563 .562 .468 186.4 186.2 154.9 .553 .498 .388 216.1 194.8 151.5 .620 .638 .550 184.5 189.8 163.6 AVERAGE WHOLESALE PRICES OF COMMODITIES, 1915.................................... 1916.................................... 1917.................................... 1918.................................... 1919.................................... -3 T able 9.—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1920—Continued. to Food, etc. Butter. choice, Creamery: extra, New York. Leans. 70.6 Cream ery: firsts, Rela New tive York, average price. price per pound. 1890. 1891. 1892. 1893. 1894. $0.228 .261 .270 .229 81.0 83.8 70.9 $0.195 .238 .235 .252 .209 64.3 78.3 77.3 82.9 68.8 1895. 1896. 1897. 1898. 1899. .214 .184 .190 .195 .213 66.3 57.1 58.8 60.6 65.9 .188 .167 .168 .175 .197 61.9 54.8 55.4 57.5 64.6 1900 1901. 1902 1903. 1904 .225 .216 .248 .235 .219 69.6 67.1 76.9 72.8 67.9 .212 .201 .232 .215 .197 69.6 66.0 76.3 70.7 64.8 1905. 1906, 1907. 1908, 1909, .249 .249 .283 .271 .292 77.2 77.2 87.8 84.1 90.5 .234 .233 .267 .245 .265 76.9 76.5 87.9 80.6 87.3 1910. 1911. 1912. .301 .267 .314 .323 .299 93.2 82.6 97.3 .291 .257 .300 95.6 84.6 98.7 1913. 1914. . LOS} 100.0 93.9 OU.A 100.0 92.8 .304 $0,301 .279 100.0 92.6 Creamery: sec onds, New York. Average price per pound. $0,278 .251 Rela tive price. 100.0 90.2 Creamery: extra, Creamery: extra Philadelphia. firsts, Philadelphia. Creamery: firsts, Philadelphia. Average Rela price per tive pound. price. Average Rela price per tive pound. price. $0.326 .303 100.0 93.1 Average price per pound. $0,313 .291 Rela tive price. 100.0 92.9 $0,300 .276 100.6 92.1 WHOLESALE PRICES, 1890 TO 1920. Dairy: New York State, Rela Average Rela average tive price per tive price per price. pound. price. pound. 1915 1916 1917 1918 1919 .301 .347 .434 .519 .614 93.7 108.1 135.0 161.3 190.9 .299 .341 .427 .516 .605 92.7 105.7 132.3 160.1 187.7 .282 .327 .411 .500 .577 93.5 108.6 136.4 165.9 191.5 .257 .308 .388 .469 .535 92.6 110.8 139.6 168.7 192.6 .302 .346 .431 .517 .616 92.6 106.2 132.2 158.8 189.0 .289 .333 .419 .507 .598 92.2 106.4 133.8 161.7 190.7 .275 .321 .406 .490 .563 91.8 107.2 135.5 163.4 188.0 1920 ............. January... February.. March...... .622 .661 .640 .688 193.5 205.8 199.1 214.1 .614 .652 .666 .664 190.4 202.1 206.4 205.8 . 573 .620 .623 .636 190.1 205.7 206.5 211.0 .512 .571 .566 .589 184.4 205.7 203.6 211.8 .624 .650 .678 .683 191.6 199.4 207.9 209.4 .606 .630 .653 .665 193.2 201.0 208.2 212.2 .554 .593 .603 .629 184.8 197.9 201.1 209.9 April........ May......... June......... .686 .644 .600 213.5 200.3 186.7 .714 .612 .582 221.3 189.7 180.3 .683 .591 .552 226.4 196.0 183.0 .626 .560 .502 225.4 201.6 180.5 .713 .623 .580 218.8 191.0 178.0 .695 .606 .560 2 M .8 193.5 178.7 .656 .584 .511 219.0 194.9 170.7 July......... August__ September. .585 .576 .605 182.0 179.2 188.2 .567 .554 .594 175.9 171.6 184.1 .543 .529 .549 180.2 175.5 182.3 .498 .492 .493 179.3 177.1 177.3 .581 .569 .605 178.3 174.5 185.6 .565 .559 .591 180.3 178.3 188.7 .528 .529 .541 176.2 176.7 180.7 October... November. December. .610 .628 .540 189.8 195.4 168.0 .605 .625 .545 187.6 193.8 169.0 .534 . 544 .482 177.1 180.3 159.9 .445 .426 .390 160.2 153.3 140.4 .616 .638 .560 189.0 195.6 171.8 .591 .606 .545 188.6 193.5 173.9 .513 .508 .456 171.2 169.4 152.2 AVERAGE WHOLESALE PRICES OE COMMODITIES, ............. ............. ............. ............. ............. — 3 CO 400 375 350 325 300 275 250 225 400 375 350 325 300 275 250 225 ~ r~ r~ HZ BUTTER: CREAMERY. EXTRA, CREAMERY, ELGIN, CREAMERY, EXTRA. (Average price | NEW YORK, 1890-1920 « i .......... . 1890-1916 ST LOUIS, 1916-1920 — in 1013*100.) 200 200 Js- 175 150 i 175 f 150 125 125 100 J S kU l / I ji 9 > 75 / 100 f • 75 / A 'ISM 50 50 40 5 os os a dS LO CT! t- <T5 G“j 00 CS CTi O O o o o o o o o o o (M CO tf lO to 00 Oi o 40 WHOLESALE PRICES, 1890 TO 1920, Chart 19. Chart 19a . AVERAGE WHOLESALE PRICES OF COMMODITIES. 68643°— 22— Bull. 296 1913 1914 1915 191$ 1917 1918 1919 1920 -3 Ol T able 9 .—AVERAGE W HOLESALE PRICES OF COMMODITIES, 1890 TO 1920—Continued. -7 05 Food, etc. Canned goods. Butter. Creamery: extra, San Francisco. Creamery. Creamery: firsts, San Francisco. Tomatoes: standard New Jersey, No. 3. Peas. Com. Year or month. Average price per pound. Rela tive price. Average price per pound. Rela tive price. Republic, No. 2, fancy, average price per dozen cans. No. 2, standard, average price per dozen cans. Rela tive price. Republic, No. 2, sifted, average price per dozen cans 1890...................................... 1891...................................... 1892...................................... 1893...................................... 1894................................... $0,224 .250 .253 .258 .219 72.7 81.3 82.2 83.9 71.3 1895...................................... 1896...................................... 189?...................................... 1898...................................... 1899...................................... .206 .179 .184 .189 .208 '67.1 58.3 59.7 61.3 67.4 1900................................... 1901...................................... 1902...................................... 1903........... .......................... 1904................................... .218 .211 .241 .230 .218 70.8 68.7 78.4 74.8 70.8 1905................................... 1906................................. 1907...................................... 1908...................................... 1909...................................... .243 .246 .276 .269 .289 78.9 79.9 89.7 87.5 94.0 $6,900 .908 94.3 95.2 $1.383 1.400 1910...................................... 1911...................................... 1912...................................... 1913............. ......................... 1914...................................... .298 .264 .297 96.7 85.9 96.5 .983 1.075 .950 103.0 1.383 1.500 1.625 .308 100.0 99.6 100.0 1.596 .288 93.6 114.3 1.500 $0.317 100.0 .271 $0.296 85.5 .247 100.0 83.4 112.6 .954 1.091 $6,725 Western, No. 5, sieve, average price per dozen cans. Rela tive price. Average price per dozen cans. 86.7 87.7 $1.079 .963 83.6 74.0 86.7 94.0 .921 1.115 1.417 70.8 85.8 109.0 101.8 100.0 SO. 8i5 94.0 1.300 1.008 Rela tive price. 100.0 77.6 WHOLESALE PKICES, 1890 TO 1920. St. Louis, Rela Mo., tive average average price per price per price. pound. pound. 92.5 106.4 134.3 162.5 190.7 .262 .290 .398 .525 .603 82.7 91.5 126.5 165.7 190.T .239 .275 .382 .503 .564 80.5 92.8 128.9 169.8 190.4 .781 .850 1.615 1.777 1.366 123.2 134.0 254.5 280.0 215.5 .730 .779 1.323 1.504 1.466 84.2 90.0 152.7 173.5 169.2 .988 1.246 1.900 2.239 2.050 76.0 95.8 146.2 172.2 157.7 1920.................. January... February.. March...... .585 .632 .635 .658 189.2 204.5 205.5 212.8 .602 .649 . 646 .621 189.8 204.7 203.8 195.9 .588 .635 .628 .615 198.3 214.3 211.8 207.6 1.110 1.125 1.125 1.125 174.9 177.4 177.4 177.4 1.547 1.550 1.588 1.500 178.5 178.9 183.2 173.0 1.804 1.950 1.950 1.950 138.8 150.0 150.0 150.0 April........ May......... June......... .643 .580 .543 207.9 187.7 175.6 .589 .553 .573 185.7 174. 2 180.5 .585 .543 .548 197.4 183.4 185.1 1.131 1.175 1.250 178.3 185.3 197.1 1.500 1.500 1.500 173.0 173.0 173.0 1.950 1.950 1.950 150.0 150.0 150.0 July......... August__ September. .558 .543 .555 180.6 175.6 179.6 .600 .620 .679 189. 2 195.5 214.1 .583 .615 .636 196.8 207.6 214.7 1.250 1.190 1.075 197.1 187.6 169.5 (2) 1.575 1.575 181.7 181.7 1.950 1.950 1.750 150.0 150.0 134.6 October... November. December. .574 .595 .500 185.8 192.6 161.8 .604 .570 .512 190.4 179. 8 161.5 .580 .553 .490 195.8 186.7 165.4 1.050 .990 .800 165.5 156.1 126.1 1.575 1.575 1.575 181.7 181.7 181.7 1.500 1.400 1.400 115.4 107.7 107.7 2No quotation. .285 .327 AVERAGE WHOLESALE PRICES OF COMMODITIES, 10.329 .415 .502 .589 1915 1916 1917 1918 1919 T able 9 .—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1920—Continued. <1 00 Food, etc. Eggs. Cheese. Year or month. Coffee: Rio,No.7. Average price per pound. Average price per pound. Rela tive price. Average price per pound. Rela tive price. 1890......................................... 1891......................................... 1892......................................... 1893......................................... 1894......................................... $0,096 .101 .106 .108 .106 62.2 65.6 68.7 69.8 68.8 $0.179 .167 .143 .172 .165 161.1 150.1 128.5 154.8 148.6 1895......................................... 1896......................................... 1897......................................... 1898......................................... 1899......................................... .093 .091 .097 .082 .108 60.3 58.9 62.8 53.3 69.8 .159 .123 .079 .063 .060 143.0 110.8 71.2 56.9 54.3 1900......................................... 1901......................................... 1902......................................... 1903......................................... 1904......................................... .113 .101 .113 .122 .102 73.2 65.6 73.1 79.0 66.1 .082 .065 .059 .056 .078 73.9 58.0 52.7 50.2 70.3 1905......................................... 1906......................................... 1907......................................... 1908......................................... 1909......................................... .121 .131 .141 .136 .149 78.6 85.2 91.8 88.5 96.4 .083 .081 .066 .063 .078 74.8 72.9 59.1 56.4 70.4 1910......................................... 1911......................................... 1912......................................... 1913......................................... 1914......................................... .157 .140 .165 102.0 90.9 106.7 100.0 98.5 .095 .134 .146 .111 .082 85.5 120.5 131.4 100.0 73.3 $0,142 .144 Rela tive price. ioo.o 101.4 .154 .L 2 Average price per pound. $0,159 .148 Rela tive price. 100.0 93.0 Firsts: western, Boston. Average price per dozen. Rela tive price. Firsts: fresh, Chicago. Average price per dozen. Rela tive price. Firsts: fresh, Cincinnati. Average price per dozen. Rela tive price. Candled: western, New Orleans. Average price per dozen. Rela tive price. - $0,252 .263 ioo.o 104.7 $0,226 .233 100.0 103.3 $0,224 .234 100.0 104.4 $0,234 .235 100.0 100.3 WHOLESALE PRICES, 1890 TO 1920. Whole milk: Whole milk: California flats: American twins, colored, average, fancy, San Fran Chicago. fancy, New Y ork. cisco. .142 .174 .227 .264 .301 100.4 123.0 160.0 186.2 211.9 .151 .181 .241 .268 .315 97.9 117.1 156.3 173.7 204.4 .132 .156 .213 .279 .326 82.5 97.9 133.6 174.8 204.2 .075 .092 .093 .094 .179 66.9 83.0 83.3 84.0 160.4 .251 .291 .400 .483 .530 100.0 115.8 159.0 192.1 210.9 .227 .262 .365 .443 .485 100.6 115.9 161.6 196.2 214.7 .224 .273 .382 .453 .500 100.0 122.2 170.7 202.3 223.5 .234 .244 .309 .409 .397 100.0 103.9 132.0 174.7 169.5 1920..................................... .262 .303 .274 .274 184.5 213.7 193.5 193.5 .274 .313 .294 .285 178.1 203.2 191.0 184.9 .307 .309 .301 .315 192.7 193.9 189.0 197.6 .120 .163 .148 .150 107.6 146.3 132.8 134.8 .566 .711 .599 .475 224.9 282.8 238.1 188.7 .516 .652 .515 .450 228.4 288.7 228.2 199.1 .535 .713 .545 .445 239.3 318.5 243.6 198.7 .450 (2) (2) (2) 191.8 January........................... February........................ March.............................. April................... ........... May................................. June................................ .281 .277 .249 197.9 195.0 175.9 .286 .298 .279 185.15 193.1 180.7 .276 .265 .304 173.1 166.2 190.6 .151 .156 .150 136.0 140.1 134.6 .451 .448 .426 179.4 177.9 169.4 .413 .411 .388 183.1 181.8 171.7 .399 .408 .404 178.3 182.2 180.6 .343 .318 .307 146.5 135.5 131.0 July................................. August............................ September...................... .246 .246 .263 173.3 173.2 185.3 .263 .265 .278 170.3 172.0 180.1 .332 .318 .346 208.3 199.2 217.1 .131 .094 .082 117.3 84.1 73.6 .454 .498 .549 180.4 197.8 218.3 .423 .471 .527 187.4 208.6 233.3 .448 .478 .565 200.0 213.7 252.6 .390 .434 .480 166.5 185.2 204.9 October........................... November...................... December....................... .246 .249 .226 173.1 175.5 159.3 .263 .250 .226 170.7 161.9 146.4 .295 .324 .295 185.1 203.1 185.1 .076 .075 .066 68.2 67.0 58.9 .621 .764 .797 247.0 303.7 316.9 .570 .675 .710 262.4 298.9 314.4 .615 .722 .708 274.9 322.8 316.3 .530 .575 .650 226.2 245.4 277.4 * No quotation. AVERAGE WHOLESALE PRICES OE COMMODITIES. 1915......................................... 1916...................................... 1917...................................... 1918...................................... 1919...................................... co oo o WHOLBSAI jE PRICES, 1890 TO 1920. Chart 20. Chart 20a . AVERAGE WHOLESALE PRICES OF COMMODITIES. 1913 1914 1913 J916 1917 1918 1919 1920 00 T able 9 .—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1920—Continued. 00 to Food, etc. Eggs. Extra firsts: western, Philadelphia. Average price per dozen. Rela tive price. Fresh: selected, pullets’, San Francisco. Average price per dozen. Rela tive price. Herring. Cod. Dry, Dry, bank, Large shore bank, large, New (pickled, cured), York large, Gloucester Rela market, Boston market, tive average market, average price. price per average price per price per hundred hundred weight. quintal. weight. Nova Shore, Scotia, round, split, Boston Boston market, market, average average price per price per barrel. barrel. Newfound land, split, large No. 1, New York market, average price per barrel. Rela tive price. 1890 ................................. 1891................................... 1892................................... 1893................................... 1894................................... $0.195 .216 .217 .225 .184 59.5 66.1 66.3 68.8 56.2 $5.677 6.729 7.052 6.380 5.958 71.2 84.4 •88.5 80.0 74.7 $3.525 4.707 2.938 3.813 3.396 54.9 73.3 45.8 59.4 52.9 1895................................... 1896................................... 1897 ............... 1898 ........ 1899................................ .200 .174 .172 .182 .199 61.3 53.3 52.6 55.6 61.0 5.521 4.208 4.521 4.667 5.135 69.3 52.8 56.7 58.6 64.5 3.156 3.354 3.635 4.208 5.031 49.1 52.2 56.6 65.5 78.4 1900 ................................. 1901................................... 1902 ................................. 1903.. . ............. 1904.................................. .198 .210 .241 .242 .265 60.5 64.1 73.7 74.0 81.1 5.302 5.990 5.094 5.865 7.281 66.5 75.2 64.0 73.6 91.3 5.083 4.979 4.906 5.729 5.453 79.2 77.6 76.4 89.3 85.0 1905................................... 1906................................... 1907................................ 1908............................ 1909................................... .271 .262 .277 .279 .315 83.0 80.0 84.8 85.3 96.3 7.396 7.604 7.740 7.302 7.021 92.9 95.4 97.1 91.6 88.1 6.000 6.344 6.150 % $7,208 7.083 7.068 93.5 98.9 95.8 94.1 93.6 WHOLESALE PRICES, 1890 TO 1920, Year or month. New Firsts: laid: fair fresh to fancy, near-by, gathered, Rela New New tive York, York, average price. average price per price per dozen. dozen. Fish. 1910 .................................... 1911...................................... 1912...................................... .326 .298 .332 .326 $0.249 .266 1915...................................... 1916...................................... 1917...................................... 1918...................................... 1919.v.................................. .257 .293 .401 .487 .529 103.2 117.6 161.2 195.6 212.3 .272 .301 .406 .499 .553 103.3 114.3 154.1 189.4 209.6 .266 .278 .362 .515 .531 1920...................................... January........................ February...................... M a r c h ........................... .569 .728 .571 .487 228.6 292.2 229.2 195.6 .596 .732 .624 .479 226.3 277.7 236.6 181.6 April............................. May.............................. June...... ....................... .442 .443 .432 177.5 177.7 173.3 .436 .453 .468 July.............................. August......................... .469 .515 .570 188.5 206.8 228.9 .638 .766 .791 256.0 307.6 317.5 m s............................. S e p t e m b e r .......................... October........................ "N o v e m b e r . December.................... 6.938 7.958 8.104 $7.948 7.813 87.1 99.9 101.7 7.313 6.861 7.500 $6,604 6.625 97.2 91.2 99.7 100.0 $6.708 7.000 100.0 104.4 6.625 99.2 103.9 135.3 192.3 198.2 7.417 8.042 8.942 10.033 9.888 110.6 119.9 133.3 149.6 147.4 6.813 7.313 9.813 12.553 9.689 102.8 .524 .551 .435 .375 195.5 .205.8 162.4 140.0 9.229 9.500 9.500 9.500 137.6 141.6 141.6 141.6 9.260 11.000 11.000 9.800 139.8 166.0 166.0 147.9 165.4 171.7 177.4 .397 .396 .385 148.2 148.0 143.8 9.750 9.750 9.750 145.4 145.4 145.4 8.000 8.000 8.000 120.8 .501 .543 .603 190.1 205.8 228.6 .478 .508 .641 178.5 189.5 239.4 9.250 9.000 9.000 137.9 134.2 134.2 8.000 8.550 9.750 129.1 147.2 .670 .813 .799 254.2 308.2 303.1 .671 .748 .668 250.7 279.1 249.4 8.750 8.500 8.500 130.4 126.7 126.7 9.750 9.750 9.750 147.2 147.2 147.2 $0,264 .278 100.0 105.3 $0.268 .288 100.0 107.5 100.0 110.4 148.1 189.5 146.2 120.8 120.8 120.8 ♦ AVERAGE WHOLESALE PRICES OE COMMODITIES. 1914...................................... 99.7 91.1 101.4 100.0 106.7 00 CO T able 9 .—AVERAGE W HOLESALE PRICES OF COMMODITIES, 1890 TO 1920-Continued. 00 Food, etc. Flour. Fish. Year or month. Mackerel: salt, large, No. 3s. Salmon: canned. Rela tive price. 1890......................... 1891......................... 1892......................... 1893......................... 1894....................... $18.250 15.313 13.000 13.000 11.056 162.8 136.6 116.0 116.0 98.6 $1,642 1.500 1.483 1.494 1.425 1895......................... 1896......................... 1897......................... 1898......................... 1899......................... 15.625 13.917 12.229 13.667 15.250 139.4 124.2 109.1 121.9 136.1 1900......................... 1901...................... 1902......................... 1903......................... 1904....................... 13.896 10.818 13.750 17.448 14.500 1905.................... 1906....................... 1907....................... 1908....................... 1909....................... 1910....................... 1911.................... 1912.................... 1913.................... 1914....................... Average pricejjer New Minne Y ork , apolis market, market, average average price per price per barrel. barrel. Winter Winter straights, patents, Rela New York, Kansas tive average City, aver price. price per age price barrel. per barrel. Winter Bakers’ straights, patent, Rela Los Kansas Ange tive City, aver price. les, averprice1per age price barrel. per barrel. pounds. Rela tive price. 73.8 67.4 66.7 67.1 64.0 $2,021 2.443 1.789 2.368 2.436 76.3 92.2 67.5 89.4 91.9 $3,365 4.921 4.017 3.085 2.781 91.7 134.1 109.5 84.1 75.8 $4,652 4.905 4.122 3.283 2.750 1.504 1.550 1.338 1.267 1.529 67.6 69.7 60.1 56.9 68.7 1.675 1.381 1.466 1.550 2.300 63.2 52.1 55.3 58.5 86.8 3.133 2.683 2.806 3.081 3.298 85.4 73.1 76.5 84.0 89.9 3.231 3.620 4.361 4.145 3.382 75.0 84.0 101.2 96.2 78.5 124.0 96.5 122.7 155.7 129.4 1.771 1.713 1.615 1.621 1.725 79.6 77.0 72.6 72.8 77.5 2.104 2.106 2.236 2.321 2.333 79.4 79.5 84.4 87.6 88.0 3.425 3.321 3.442 3.148 4.348 93.4 90.5 93.8 85.8 118.5 3.349 3.309 3.489 3.592 4.826 77.7 76.8 81.6 83.4 112.0 13.917 14. 792 13.917 11.354 10.188 124.2' 132.0 124.2 101.3 90.9 1.704 1.683 1.668 1.921 1.700 76.6 75.7 75.0 86.3 76.4 2.189 2.233 2.571 3.033 2.358 82.6 84.3 97.0 114.5 89.0 4.467 3.844 4.602 4. 738 4.485 121.7 104.8 125.4 129.1 122.3 4.543 3.615 3.988 4.291 5.451 105.5 83.9 92.6 99.6 126.5 14.583 16.000 13.208 130.1 142.8 117.8 1.744 2.104 2.183 78.4 94.6 98.1 2.142 2.438 2.450 80.8 92. 0 92.5 100. 0 106.6 4.229 4.694 4.519 115.3 127.9 123.2 4.691 3.984 4.686 108.9 92.5 108.8 11.096 10.065 100.0 2.225 90.7 2.225 Rela tive price. Wheat. Rye. 100.0 $1,460 100.0 2.650 2.825 3.669 $3.123 3.521 Rela tive price. 100.0 $4.012 100.0 112.7 4.363 108.7 4.308 • $3.847 4.125 108.0 113.9 95.7 76.2 63.8 100.0 107.2 WHOLESALE PRICES, 1890 TO 1S'20. Chinook Alaska, red, fancy, average tails, Is, price per average price per ■ dozen dozen cans. cans. Average price per barrel. Buckwheat. September — August............ 16.830 16.830 17.325 151.7 151.7 156.1 3.625 3.830 3.400 October.......... November___ December...... 17.325 17.325 17.325 156.1 156.1 156.1 3.250 3.475 3.475 200.5 12.494 13.425 12.813 324.8 349.0 333.0 13.400 13.600 14.400 11.650 10. 250 9.988 373.0 328.2 319.8 13.450 12.400 12.544 335.3 309.1 312.7 12.410 11.644 11.694 322.6 302.7 304.0 14.200 14.000 13.200 221.0 207.5 194.9 9.813 8.940 9.209 314.2 286.2 296.8 11.075 9.281 9.144 276.1 231.4 227.9 10.205 8.400 8.256 265.3 218.3 214.6 13.200 12.000 10.167 ^United States Food Administration standard. AVERAGE WHOLESALE PRICES OF COMMODITIES. 244.8 244.8 246.2 337.0 362.0 345.9 5.856 5.498 5.166 3.575 3.575 3.595 2 No quotation. 13.519 14.520 13.875 222.5 237.9 237.9 142.8 142.8 151.7 July................ 356.6 380.0 384.5 (2) (2) (2) 15.840 15.840 16.830 April.............. May................ 13.256 13.300 14.200 13.400 248.2 262.3 232.8 209.4 219.1 221.6 June................. 301.0 337.5 305.3 317.5 11.138 11.869 12.010 5.549 5.806 5.873 (2) 17.160 18.810 18.810 16.830 11.580 12.985 11.744 12.213 (2) (2) (2) 242.8 243.9 242.7 244.8 .......... 312.2 350.9 315.2 324.1 326.7 305.4 272.6 304.5 3.546 3.563 3.544 3.575 January......... February....... March............ 12.524 14.075 12.644 13.000 10.205 9.538 8.513 9.510 154.6 169.5 169.5 151.7 1920 ' 3 $10.897 11.921 146.1 158.7 272.9 106.4 138.0 205.5 95.2 124.9 160.8 227.2 193.6 292.1 5.861 6.364 10.950 0) 11.719 2.820 3.658 5.446 6.439 5.313 10.560 13.860 17.845 25.211 21.698 145.9 158.3 274.3 267.8 278.0 166.9 183.4 310.5 323.3 269.0 102.7 114.9 173.6 187.0 208.1 .......... .......... .......... .......... .......... 5.612 6.091 10.551 2 10.302 10.695 5.214 5.727 9.697 10.097 8.402 ,1.500 1.678 2.535 2.732 3.039 1915 1916 1917 1918 1919 00 21. WHOLESALE PRICES, 1890 TO 1920. C h ar t AVERAGE WHOLESALE PRICES OF COMMODITIES. 1913 1914 1915 1916 1917 1916 1919 1920 00 T able 9.—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1920—Continued. 00 00 Food, etc. Flour: wheat. Year or month. Stand ard patents, Minne apolis, average price per barrel. Second patents, Minneapolis. Relative price. 1890................................................... 1891................................................... 1892................................................... 1893................................................... 1894................................................... $5.186 5.305 4.347 4.006 3.595 114.1 116.7 95.7 88.2 79.1 1895................................................... 1896................................................... 1897................................................... 1898................................................... 1899................................................... 3.643 3.796 4.591 4.729 3.774 80.1 83. 5 101.0 104.1 83.1 1900................................................... 1901................................................... 1902................................................... 1903................................................... 1904 ................................................. 3. 842 3. 810 3.808 4.330 5.378 1905 ................................................. 1906................................................... 1907................................................... 1908................................................... 1909................................................... 1910................................................... 1911................................................... 1912................................................... 1913.................... 1914................................................... Average price per barrel. Patents, Portland, Oreg., average Relative price1 per price. barrel. First patents, St. Louis. Average price per barrel. Second Patents, patents, Toledo, St. Louis, average average price1 per Relative price1per barrel. price. barrel. $0.114 .069 .093 .109 Apples, evaporated, choice. Average price per pound. .110 Relative price. 158.2 153.2 95. 8 129.1 152.1 .053 .056 .089 .087 94.4 74.2 77.3 124.0 121.0 84.6 83.9 83.8 95.3 118.4 .062 .071 .092 .061 .060 85.7 98.7 128.3 85.1 84.0 5. 422 4.276 4.876 5.418 5.757 119.3 94.1 107.3 119.2 126.7 .070 .098 .084 .086 .077 97.3 136.2 117.4 120.2 107.1 5.495 5.078 5.271 120.9 111. 8 116.0 .084 .120 116.4 167.5 115.2 4.544 $4.584 5.096 100. 0 111.2 .068 $4.422 4.939 100. 0 111.7 .083 $4.413 6) $4.105 $4. 749 .072 .094 100. 0 131.2 WHOLESALE PRICES, 1890 TO 1920. Spring patents. New York, average price per barrel. Fruit. 5.894 6.354 10. 551 107..5 93. 7 167. 0 218. 5 267. 8 11. 877 12.120 11.988 11.794 .169 .218 .215 .211 235. 1 303. 8 299. 4 293. 9 11.400 12.300 12.238 12.919 13.969 13.850 .176 .158 .178 245. 5 220. 2 247. 2 ( i) 1 U) 12.110 11.350 11.263 12.880 11.831 11.675 .178 .178 .171 247. 2 247. 2 238. 6 (D (0 0) 10.060 8.756 8.488 10.425 9.663 9.463 .112 .118 .111 155. 9 163. 7 155. 0 261.8 147.1 160.3 254.0 229.3 271.0 $9. 929 39. 967 10.861 (2) 10.758 C1) 5.568 5.965 10.122 3 10.310 10.040 January.. February. March— 12.675 14.444 13. 538 13.165 276.5 315.1 295.3 287.2 12.266 13. 969 12.969 12.690 277.4 315.9 293.3 287.0 12.408 12.040 12.836 12.836 12.291 12.660 12.169 12.356 ( i) ( i) r ii \l) 11.007 11.690 10.925 10.969 April. May. June. 14.281 15. 031 14.160 311.6 327.9 308.9 13.750 14.538 13. 815 310.9 328.8 312.4 12.836 13.433 13.433 12.906 13.695 13.644 n\ V/ W July......... August— September 13.669 12. 235 12. 594 298.2 266.9 274.7 13.319 11.855 12.238 301.2 268.1 276.7 13.433 12.637 12.637 13.020 12.338 12.650 October... November. December. 11.206 9.295 8.944 244.5 202.8 195.1 10.888 9.055 8.525 246.2 204.8 192.8 12. 288 10. 736 9. 751 11.500 10.131 9.994 6.663 7.264 11.391 (2) 11.998 145.4 158. 5 248. 5 1920................ 1No relative price computed. 2No quotation. C1) C1) (l ) 6.036 6.520 10. 730 (2) 3United States Food Administration standard. AVERAGE WHOLESALE PRICES OF COMMODITIES. 10.745 .077 .067 .120 .157 .192 6. 503 7.090 11. 230 3 10.141 11.982 1915. 1916. 1917. 1918. 1919. 00 ZD CO T able 9 .—AVERAGE W HOLESALE PRICES OF COMMODITIES, 1890 TO 1920-Continued. O Food, etc. Fruit. Year or month. Apples: fresh, Baldwin. Rela tive price. Jamaica, Jamaica, 8s, av 9s, av erage erage price per price per bunch. bunch. Average price per pound. Rela tive price. $0,048 .043 .030 .027 .017 1895..................................... 1................. 1896......................................i................. 1897......................................!................. 1898..................................... i................. 1899......................................j................. Oranges: Cali fornia. Primes: Califor nia, in boxes. Raisins: California. Coast, London seeded, layer, average average price per price per box. pound. Rela tive price. Average price per pound. Rela tive price. 69.9 62.3 43!4 39.5 25.3 $0.107 .100 .100 .104 .074 162.8 152.4 151.7 158.4 112.0 $2,360 1.802 1.469 1.700 1.154 174.6 133.3 108.6 125.7 85.4 .025 .033 .048 .058 .047 37.1 47.8 70.0 84.8 68.7 .067 .058 .055 .054 .057 101.5 88.6 83.2 82.9 86.1 1.429 1.019 1.398 1.392 1.283 105.7 75.3 103.4 102.9 94.9 1900......................................1................. 1901......................................1................. 1902......................................1................. 1903____________________ 1_________ 1904...................................... .072 .083 .049 .048 .049 105.3 121.5 72.2 69.6 71.3 .052 .053 .055 .048 .046 79.6 80.0 84.0 73.3 70.3 1.521 1.442 1.685 1.446 1.473 112.5 106.6 124.7 106.9 108.9 1905...................................... 1906...................................... 1907...................................... 1908...................................... 1909...................................... .049 .061 .070 .061 .060 71.6 89.8 102.8 89.0 88.2 .046 .065 .059 .060 .053 70.0 98.5 90.4 91.2 80.9 1.188 1.600 1.627 1.810 1.270 87.8 118.3 120.3 133.9 93.9 1910...................................... 1911______ ______________ 1912_______ _____________ !_________ 1913......................................1 $3.174 1914......................................1 4.042 .065 .076 .075 95.2 111.3 109.8 .063 .116 .074 95.3 177.3 113.3 1.224 1.413 1.425 90.5 104.5 105.4 1890...................................... 1891...................................... 1892................................... 1893......................................i............«... 1894........................................................ Rela tive price. Lemons: Cali fornia. * Average price per box. Rela tive price. Average price per box. Rela tive price. ' 100.0 $0.796 100.0 .068 100.0 $5.773 100.0 $4.420 100.0 .066 100.0 1.352 100.0 127.4 .852 107.1 .067 98.2 4.151 71.9 2.772 62.7 .093 141.5 1.790 132.4 WHOLESALE PRICES, 1890 TO 1920. Average price per barrel. Currants: in barrels. Bananas. 2.775 3.168 4.784 5.503 8.491 87.4 99.8 150.7 173.4 267.6 1920 .... January... February. March....... 7.194 8.250 8.750 8.750 226.7 260.0 275.7 275.7 April......... May.......... June......... 8.750 8.375 (2) 275.7 263.9 July.......... August___ September, (2) (2) (2) October__ November. December. 4.750 5.150 4.875 2No quotation. 149.7 162.3 153.6 .823 .927 1.342 2.163 2.090 103.4 116.5 168.6 271.7 262.6 .077 .123 .204 .211 .199 112.0 180.0 298.0 308.2 291.4 , 3.033 4.305 4.952 6.771 5.464 52.5 74.6 85.8 117.3 94.6 3.502 3.484 3.315 7.225 4.805 79.2 78.8 75.0 163.5 108.7 .079 .074 .107 .110 .198 120.4 112.2 162.3 167.4 302.0 3.038 4.250 (2) (2) 197.5 276.3 .165 .190 .170 .152 241.4 277.8 248.5 222.2 4.320 4.000 5.594 4.750 74.8 69.3 96.9 82.3 6.272 4.781 5.156 5.800 141.9 108.2 116.7 131.2 .147 .171 .154 .144 2.566 3.092 3.859 166.8 200.9 250.8 .150 .150 .158 219.3 219.3 231.0 3.844 4.188 5.075 66.6 72.5 87.9 5.750 6.188 5.450 130.1 140.0 123.3 4.003 2.750 2.750 260.0 178.8 178.8 .168 .172 .180 244.9 251.5 263.2 3.875 3.625 4.156 67.1 62.8 72.0 5.625 6.500 7.500 2.750 2.750 1.550 178.8 178.8 100.8 .175 .167 .153 255.9 244.2 223.0 5.250 4.275 3.094 90.9 74.1 53.6 7.875 9.050 5.156 $4,041 $0,077 .073 .084 .092 .123 105.4 100.0 115.4 126.5 169.7 223.6 260.1 234.5 219.5 .234 .183 .227 .221 322.1 252.2 312.6 304.5 .139 .145 .163 211.6 , 221.0 248.5 .210 .218 .244 289.3 299.7 336.2 127.3 147.1 169.7 .165 .162 .143 251.5 247.0 217.2 .248 .248 .248 341.0 341.0 341.0 178.2 204.8 116.7 .134 .127 .110 204.6 192.8 167.7 .248 .248 .248 341.0 341.0 341.0 1.425 AVERAGE WHOLESALE PRICES OE COMMODITIES, 68643°— 22— Bull. 296- .... .... .... .... .... 1915 1916 1917 1918 1919 cO T able 9 .—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1920—Continued. CO to Food, etc. Meal: corn. Meat. Bacon. Glucose. Lard: prime contract. White table. Rough sides. Short clear sides. Rela-* tive price. Aver age Rela price tive per price. 100 pounds. New York Decatur, in., market, average average price price per 100 per 100 pounds. pounds. New York Philadel market, phia, average average price price per 100 per 100 pounds. pounds. Aver age price per pound. Rela tive price. 57.5 59.9 70.0 93.6 70.2 $1,061 1.475 1.192 1.101 1.119 74.5 103.5 83.7 77.3 78.5 $1.020 1.458 1.161 1.083 1.063 Rela tive price. Aver age price per pound. Rela tive price. Aver age price per pound. Rela tive price. 71.6 102.3 81. 5 76.0 74.6 $0.059 .068 .076 .101 .074 47.4 55.1 61.8 81.7 59.5 $0,060 .070 .079 . 105 .075 47.3 54.9 61.8 82.3 58.9 1890..................... 1891..................... 1892..................... 1893...................... $1.763 1.580 1894..................... 82.5 73.9 $0,063 .066 .077 .103 .077 1895..................... 1896...................... 1897..................... 1898..................... 1899..................... 1.549 1.159 1. 219 1.302 1.356 72.5 54.2 57.0 60.9 63.4 .065 .047 .044 .055 .056 59.3 42.6 40.1 50.1 50.5 1.072 .813 .816 .882 .955 75.2 57.0 57.2 61.9 67.0 1.061 .785 .763 .846 .927 74.5 55.1 53.6 59.4 65.1 .063 .048 .052 .059 .056 51.1 38.8 42.2 48.1 45.1 .065 .049 .054 .060 .058 51.0 38.8 42.5 46.8 45.8 1900..................... 1901..................... 1902..................... 1903..................... 1904...................... 1.488 1.646 2.179 1.840 1.792 69.6 77.0 101.9 86.1 83.8 .069 .089 .106 .088 .073 62.7 80.4 96.2 79.7 66.4 1.012 1.198 1.535 1.297 1.340 71.0 84.1 107.7 91.0 94.0 .991 1.188 1.525 1.278 1.333 69.5 83.3 107.0 89.7 93.6 .073 .087 . 105 094 .076 59.2 70.3 84.6 75.9 61.2 .075 .089 . 103 .096 .078 59.0 69.9 84.2 75.3 60.8 1905..................... 1906..................... 1907..................... 1908..................... 1909..................... 1.774 2.027 2.261 2.640 2.473 83.0 94.8 105.8 123.5 115.7 .075 .089 .092 .091 .117 67.7 80.6 83.6 82.5 106.2 1 1.325 1.267 1.358 1.615 1.625 93.0 88. 9 95.3 113.3 114.0 1.325 1.263 1.358 1.615 1.610 93.0 88.6 95.3 113.3 113.0 .078 .092 .092 .087 .113 63.3 74.4 74.4 70.4 91.7 .080 .094 .095 .090 .117 62.8 73.9 74.9 70.7 92.1 Carcass, good native steers (Chicago market). Aver age price per pound. $0.105 .110 Rela tive price. 81.3 84.6 Steers, loins ends (hips), Chicago. Aver age price per pound. Rela tive price. WHOLESALE PBICES, 1890 TO 1920. Fine yellow. Fine white. Year or month. Beef: fresh. 90.8 86.9 108.2 100.0 101.1 .125 .091 .105 .110 .104 113. 8 82.5 95.3 100.0 94.2 1915..................... 1916...................... 1917..................... 1918..................... 1919..................... 2.294 2.573 4. 801 4.421 5.498 107.3 120.4 224.6 206.8 257.2 .094 .135 .217 .255 .290 1920..................... January....... February___ March.,....... 5. 384 5.680 5.730 5.730 251.9 265.7 268.1 268.1 April............. May.............. June............. 5.730 5.943 6.410 July.............. August......... September.. October....... November.. December... 1913.................... 1.542 1.293 1.650 1.425 $1.601 1.736 108.2 90.8 115.8 100.0 108.4 1.479 1.291 1.652 1.425 1.571 85.4 122.3 197.1 231.8 263.6 1.616 1.990 4.211 4.386 3.469 101.0 124.3 263.1 274.0 216,7 3.960 .200 .241 .210 .210 181.3 219.3 190.7 190.4 3.112 3.080 3.013 3.450 268.1 278.0 299.9 .200 .208 .206 181.7 188.9 187.0 6.105 5. 530 5.390 285.6 258.7 252.2 .191 .189 .201 4.450 3.990 3.890 208.2 186.7 182.0 .206 .191 103.8 90.6 115.9 100.0 110.2 .129 .093 .108 .124 .130 104.4 75.1 87.2 100.0 104.8 .133 .095 .111 .127 .132 104.6 74.5 86.9 100.0 103.8 .115 .112 .133 .130 .136 89.1 86.6 102.6 100.0 105.3 $0.168 •171 100.0 102.2 $4.239 4.963 3.952 121.1 144.6 277.9 325.4 259.1 .113 .146 .238 .261 .266 91.3 118.3 192.7 211.1 215.5 .116 .149 .248 .279 .291 90.7 116.7 194.9 219.2 228.5 .129 .138 .167 .221 .233 99.5 106.7 129.1 170.9 180.2 .176 .191 .215 .292 .313 105.1 113.8 128.4 173.9 186.6 194.4 192.4 188.2 215.5 4.032 3.740 3.550 3.825 264.3 245.1 232.9 250.7 .192 .204 .207 .197 155.6 165.4 167.4 159.6 .207 .221 .220 .211 162.2 173.7 172.7 165.9 .230 .232 .213 .205 177.9 179.2 164.1 158.3 .350 .320 .305 .315 2 oas 3.775 4.220 4.375 235.9 263.7 273.3 4.540 5.125 297.6 336.0 357.4 .204 .200 .198 165.4 162.1 159.8 .219 .218 .212 171.7 170.7 166.6 .209 .195 .223 161.4 150.6 171.8 .320 .320 .325 190.8 190.8 193.8 173.6 171.8 182.5 3.590 3.400 2.863 224.3 212.4 178.8 5.180 4.453 339.6 292.1 258.4 .193 .186 .188 156.5 150.1 152.4 .207 .200 .202 162.4 156.8 158.5 . 255 .255 .260 196.9 196.9 200.8 .360 .370 .390 214.7 220.6 232.6 187.1 173. 2 129.8 2.150 1.738 1.538 134.3 108.6 . 96.1 3.120 3.000 2.680 204.5 196.8 175.6 .203 .178 .151 164.3 144.0 121.8 .217 .191 .164 170.5 150.2 128.6 .252 .240 .222 194.6 185.3 171.4 .400 .400 .372 238.5 238.5 221.8 .......... 1.725 uuu 190.8 181.9 187.8 AVERAGE WHOLESALE PRICES OF COMMODITIES. 1914..................... 1.942 1.858 2.313 2.138 2.160 1910..................... 1911..................... 1912..................... CO 00 CO WHOLESALE PRICES, 1890 TO 1920. C h a r t 22. Chart 22a . 400 375 350 325 300 375 350 325 275 275 400 250 250 225 225 200 200 175 175 150 150 125 125 too 100 75 75 50 50 40 40 AVERAGE WHOLESALE PRICES OF COMMODITIES. 300 CO Oi CO W H O L E S A L E PRICES, 1890 TO 1920. Chart 23. Chabt 23a . 460 375 350 275 250 225 200 175 150 125 100 75 50 AVERAGE WHOLESALE PRICES OF COMMODITIES, 325 300 40 1913 1914 1915 1916 1917 1918 1919 1920 CO T able 9 .—AVERAGE WHOLESALE PRICES OF COMMODITIES: 1890 TO 1920-Continued. 00* Food, etc. Meat. Beef: fresh. Beef: salt. Year or month. Steer, rounds, No. 2, Chicago. Native sides ket). Average price per pound. Relative price. 1890...................................... 1891......................................... 1892......................................... 1893.................................... 1894..*............................... $0,069 .082 .076 .081 .075 1895......................................... 1896......................................... 1897......................................... 1898......................................... 1899......................................... Average price per pound. Relative price. Average price per pound. Relative price. Hams: smoked. Loins, No. 2, city, New York. Ribs, No. 2, city, New York. Rounds, No. 2. city, New York. Average price per pound. Average price per pound. Average price per pound. Rela tive price. Rela tive price. Average price per barrel. Rela tive price. Average price per pound. 55.0 65.4 60.9 64.9 59.7 $6,960 8.365 6.797 8.194 8.093 36.8 44.2 35.9 43.3 42.8 $0.100 .098 .108 . 125 . 102 59.9 59.1 64.7 75.1 61.3 .079 .070 .077 .078 .084 63.3 55.8 61.4 62.4 66.7 8.127 7.510 7.676 9.156 9.289 42.9 39.7 40.6 48.4 49.1 .095 .094 .089 .081 .092 57.0 56.7 53.8 48.6 55. 5 .080 .079 .097 .078 .082 64.2 62.9 77.6 62.6 65.3 9.754 9.320 11.789 9.067 8.769 51.5 49.3 62.3 47.9 46.3 .103 . 108 .121 .127 . 107 61.7 64.7 72.9 76.5 64.5 1905......................................... 1906......................................... 1907......................................... 1908......................................... 1909......................................... .080 .078 .088 .093 .095 64.1 62.3 70.6 74.6 75.8 10.024 8. 846 9.817 13.184 11.023 53.0 46.7 51.9 69.7 58.2 .105 .124 . 130 .113 . 131 62.9 74.3 78.4 67.1 78.8 1910......................................... 1911......................................... 1912......................................... 1913......................................... 1914......................................... .103 .098 . 121 .125 .135 82.0 78.4 96.9 100.0 107.5 14.589 12.909 15. 793 18. 923 19.755 72.1 68. 2 83. 5 100.0 104.4 . 164 . 140 . 143 .166 .167 98.9 84.1 86.0 100.0 100.5 1900......................................... 1901......................................... 1902......................................... 1903......................................... 1904......................................... I $0.157 .162 100.0 103.1 $0.131 .133 100.0 101.6 $0.158 .184 100.0 116.0 $0.151 .167 100.0 110.7 $0.121 .128 Rela tive price. Extra mess. 100.0 105.5 Rela tive price. WHOLESALE P&ICES, 1890 TO 1920. Steer, ribs, No. 2, Chicago. .146 .162 .198 .274 .314 93.2 103.1 125.8 174.3 199.9 .124 .130 .162 .221 .224 94.7 99.2 123.4 168.4 171.4 .126 .134 .164 .209 .215 100.2 106.9 131.0 166.5 171.6 .171 .181 .217 .299 .366 108.2 114.2 137.4 189.1 231.5 1920......................................... January........................... February........................ March.............................. .315 .344 .280 .258 200.6 219.1 178.3 164.0 .213 .200 .195 .190 162.6 152.8 149.0 145.1 .206 .210 .189 .193 164.4 167.7 151.3 154.2 371 .370 .358 .335 April................................ May................................. June........* . ...................... .268 .253 .293 170.7 160.8 186.3 .190 .190 .215 145.1 145.1 164.2 .209 .192 .220 166.8 153.3 175.7 July................................. August............................ September...................... .350 .300 (2) 222.9 191.1 .276 .250 .240 210.8 191.0 183.3 .221 .217 .228 October........................... November...................... December....................... .373 .370 .356 237.3 235.7 226.8 .216 .205 .186 165.0 156.6 142.1 .210 .202 .174 * No quotation. .211 .285 .324 104.6 111.6 139.7 189.1 214.7 .124 .130 .170 .241 .231 102.8 107.9 140.7 199.1 190.7 18.639 18.939 28.250 33.049 31.080 98.5 100.1 149.3 174.6 164.2 .153 .185 .252 .318 .343 92.1 111.3 151.6 191.5 206.6 234.4 233.9 226.0 211.8 .309 .310 .278 .270 205.0 205.6 184.0 179.0 .224 .208 .200 .190 185.2 172.0 165.4 157.2 18.058 18.625 17.000 17.000 95.4 98.4 89.8 89.8 .334 .294 .306 .316 201.0 177.1 183.9 189.8 .344 .325 .373 217.4 205.4 235.5 .290 .290 .305 192.3 192.3 202.3 .223 .220 .238 184.4 182.0 196.4 17.060 17.000 17.000 89.8 89.8 89.8 .331 .356 .365 199.3 214.0 219.6 176.8 173.3 181.7 .430 .418 .413 271.8 263.9 260.7 .360 .330 .330 238.7 218.8 218.8 .286 .250 .255 236.6 206.8 210.9 18.125 18.500 19.250 95.8 97.8 101.7 .377 .373 .363 226.8 224.1 218.7 167.7 161.3 138.8 .406 .371 .307 256.6 234.7 194.1 .342 .315 .282 226.8 208.9 187.0 .234 .220 .164 193.5 182.0 135.6 19.500 19.500 18.250 103.0 103.0 96.4 .358 .307 .258 215.1 184.4 154.9 .158 i 168 AVERAGE WHOLESALE PRICES OF COMMODITIES. 1915......................................... 1916......................................... 1917......................................... 1918......................................... 1919......................................... CO CO 100 T able 9 .—AVERAGE W HOLESALE PRICES OF COMMODITIES, 1890 TO 1920— Continued. Food, etc. Meat. Pork: fresh, loins. Year or month. Mutton: dressed. Pork: salt, mess. Chicago. Average price per pound. Average price per pound. Rela tive price. 1890......................................... 1891......................................... 1892......................................... 1893......................................... 1894......................................... $0,093 .087 .091 .080 .061 91.0 84.5 89.2 78.3 59.0 1895......................................... 1896......................................... 1897......................................... 1898......................................... 1899......................................... .062 .063 .073 .074 .071 60.5 61.0 71.0 72.0 69.4 .073 .068 .074 .074 .078 1905......................................... 1906......................................... 1907......................................... 1908......................................... 1909......................................... 1910......................................... 1911......................................... 1912......................................... 1900......................................... 1901......................................... 1902......................................... 1903......................................... 1904......................................... 1913...................................... 1914......................................... Rela tive price. 1 ! $0.149 .152 100.0 101.9 Poultry: dressed fowls. Average price per pound. Western New York. Iced, Chicago. Average price per barrel. Rela tive price. $12.150 11.303 11.525 18.339 14.126 54.1 50.3 51.3 81.6 62.9 11.826 8.940 8.999 9. 868 9.346 52.6 39.8 39.6 43.9 41.6 70.9 65.9 72.0 72.6 75.9 12.507 15.611 17.940 16.651 14.029 55.7 69.5 79.8 74.1 62.4 .086 .091 .088 .086 .090 83.8 88.8 85.4 84.2 87.7 14.418 17.512 17.568 15.974 21.344 .101 .075 .084 .103 .101 98.0 73.4 81.9 100.0 98.5 23.738 19.159 19.285 22.471 22.736 Rela tive price. Average price per pound. Rela tive price. ............ 1................. i $0.149 .154 100.0 103.8 $0.152 .163 100.0 107. D Western, dry picked, New York. Average price per pound. Rela tive price. 64.2 77.9 78.2 71.1 95.0 $0.139 .162 76.2 88.8 105.6 85.3 85.8 100.0 101.2 .176 .156 .162 .182 .184 96.5 85.5 88.5 100.0 100.7 Average price per pound. $0.145 .148 Rela tive price. 100.0 102.6 Veal. Average price per pound. $0,181 .185 Rela tive price. 100.1 102.: WHOLESALE PRICES, 1890 TO 1920, Lamb: dressed, round. .164 .183 .240 .270 .277 110.0 123.0 161.2 181.8 186.3 .107 .125 .166 .198 .167 104. 7 122.0 162.3 193.4 162.7 .143 .162 .244 .295 .315 96.2 108.9 163.9 198.2 212.0 .148 .170 .245 .312 .350 97.2 111.6 160.7 204.8 229.9 18.317 26. 770 41 765 48. 240 52.190 81.5 119.1 185.9 214.7 232.3 137 .166 .206 .273 .297 95.0 114.9 142.2 189.1 205.3 .178 .212 .251 .342 .357 97.3 116.2 137.7 187.4 195.2 .182 .190 .226 .274 .302 100.8 105.3 125.1 151.4 166.9 1920.............................................. January.............................. February.......................... March................................. .291 .296 .328 .313 195.8 199.1 220.2 210.2 .162 .158 .206 .196 158.2 153.7 201.3 191.2 .307 .244 .273 .293 206.6 164.2 183.4 196.8 .315 .278 .278 .283 207.0 182.5 182.2 185.5 37.221 44.875 43.438 42.300 165.6 199.7 193.3 188.2 .322 .303 .331 .340 222.7 209.2 229.1 235.1 .385 .347 .386 .383 211.2 190.1 211.4 210.0 .316 .325 .325 .325 174.9 179.8 179.8 179.8 April................................... May..................................... June.................................... .340 .325 .310 228.6 218.6 208.5 .251 .195 .172 245.2 190.2 167.8 .342 .283 .278 230.1 190.1 186.7 .345 .341 .276 226.5 224.1 181.4 42. 813 42.250 40.400 190.5 188.0 179.8 .368 .354 .325 254.1 244.7 224.8 .409 .424 .410 224.2 232.3 224.8 .339 .300 .280 187.5 165.9 154.9 July..................................... August............................... September........................ .308 .275 .264 207.1 184.9 177.4 .170 .139 .118 165.9 135.6 115.2 .328 .368 .403 220.7 247.3 270.9 .299 .318 *363* 196.3 208.5 238.0 36.250 32.900 31.000 161.3 146.4 138.0 .315 .343 .350 217.8 237.2 242.0 .394 .390 .390 216.0 213.8 213.8 .296 .320 .320 163.7 177.0 177.0 October.............................. November........................ December.......................... .244 .255 .243 164.1 171.5 163.4 .114 .124 .108 111.0 121.0 104.9 .384 .293 .206 258.4 196.8 138.6 .405 .353 .253 265.9 231.5 166.1 30.500 30.800 29. 750 135.7 137.1 132.4 .296 .275 .245 204.9 190.2 169.4 .378 .365 .342 207.2 200.1 187.5 .320 .320 .320 177.0 177.0 177.0 101 AVERAGE WHOLESALE PRICES OF COMMODITIES. 1915.............................................. 1916.............................................. 1917.............................................. 1918.............................................. 1919.............................................. T able 9 .—AVERAGE W HOLESALE PRICES OF COMMODITIES, 1890 TO 1920-Continued. O fcO Food, etc. Milk: fresh. Year or month. Chicago. Average price per quart. Rela tive price. 1890........................................................ 1891......................................................... 1892........................................................ 1893........................................................ 1894......................................................... 10.026 .027 .027 .028 .026 1895........................................................ 1896........................................................ 1897........................................................ 1898........................................................ 1899............. .......................................... Rela tive price. San Francisco. Average price per gallon. Rela tive price. 74.5 75.6 75.9 79.0 74.5 $0.354 .279 .319 .335 .309 78.7 62.0 70.8 74.4 68.7 .025 .023 .024 .024 .025 71.7 66.3 66.6 67.7 71.7 .308 .325 .262 .308 .353 68.5 72.1 58.2 68.5 78.3 1900........................................................ 1901........................................................ 1902........................................................ 1903........................................................ 1904........................................................ .027 .026 .029 .029 .028 77.6 74.2 81.6 81. 6 77.9 .478 .378 .364 .355 .340 106.1 84.1 80. 8 78.8 75.5 1905......................................................... 1906........................................................ 1907........................................................ 1908........................................................ 1909........................................................ .029 .030 .034 .033 .034 81.9 85.3 94.9 93.2 95.7 .323 .340 .409 .355 .350 71.8 75.6 90.8 78. 9 77.8 1910......................................................... 1 9 1 1 ..................................................... 1912........................................................ .037 .034 .037 .035 .035 104.2 95.2 104.2 100.0 99.4 .370 .406 .435 .450 .477 82.3 90.3 96.8 100.0 106.0 1913. . .................................................... 1914........................................................ $0.038 .038 100.0 100.8 Average price per quart. $0.039 .039 Rela tive price. 100.0 100.5 Olive oil. Oleomargarine. Oleo oil. Italian. Average price per pound. Rela tive price. Average price per pound. Rela tive price. $0.163 .161 166.6 $0.115 .109 100.0 94.2 99.0 Spanish. Average Average price per price per gallon. gallon. $2.004 2.075 Rela tive price. 100.0 103! 5 WHOLESALE PRICES, 1890 TO 1920. Average price per quart. New York. Molasses: New Orleans, open kettle. .038 .039 .052 .064 .073 99.7 103.4 138.5 169.8 194.7 .036 .039 .057 .070 .076 100.6 109.9 160.9 198.0 214.7 .038 .038 .046 .066 .074 97.4 96.2 117.4 168.5 190.5 .467 .450 .491 .704 .825 103.7 100.0 109.2 156.4 183.4 .158 .177 .255 .295 .343 97.4 108.7 156.9 181.5 210.8 .122 .140 .217 .257 .306 105.7 121.2 187.7 222.4 265.5 1920........................................................ January......................................... February........................................ March............................................. .072 .081 .076 .067 191.5 214.3 201.9 176.9 .076 .085 .081 .079 214.5 241.6 228.9 222.4 .088 .084 .084 .084 224.4 214.9 214.9 214.9 1.042 1.070 1.070 1.070 231.6 237.8 237.8 237.8 .318 .355 .344 .335 195.8 218.5 211.7 206.2 .214 .294 .279 .260 April............................................... May................................................ June................................................ .064 .062 .064 168.7 164.5 168.7 .061 .061 .067 172.8 172.8 189.8 .084 .084 .084 214.9 214.9 214.9 1.070 1.070 1.070 237.8 237.8 237.8 .335 .335 .326 206.2 206.2 200.6 July................................................ August........................................... September..................................... .072 .082 .084 191.0 218.3 222.5 .070 .078 .084 196.9 221.0 238.8 .084 .094 .094 214.9 240.5 240.5 1.070 1.070 1.070 237.8 237.8 237.8 .317 .305 .305 October.......................................... November...................................... December...................................... .084 .071 .061 222.5 187.0 162.1 .084 .084 .075 238.8 238.8 211.1 .094 .094 .088 240.5 240.5 226.4 1.168 1.012 .681 259.4 224.9 151.4 .295 .295 .270 108.6 101.6 154.0 224.2 193.0 185.4 254.3 241.6 225.3 3.531 3.238 3.400 3.605 230.7 211.5 222.2 235.6 .240 .210 .196 208.0 182.0 170.1 3.469 3.488 3.555 226.7 227.9 232.3 195.3 187.7 187.7 .182 .168 .195 157.3 145.7 169.0 3.875 3.790 3.875 253.2 247.7 253.2 181.5 181.5 166.3 .205 .178 .160 177.6 153.8 138.5 3.463 3.330 3.250 226.3 217.6 212.3 103 $1.555 2.357 3.432 2.954 2.177 2.035 AVEEAGE WHOLESALE PRICES OF COMMODITIES. 1915........................................................ 1916........................................................ 1917........................................................ 1918........................................................ 1919........................................................ 104 WHOLESALE PRICES, 1890 TO 1920. C h a r t 24. Chart 24a , 400 375 350 300 275 250 225 200 175 150 125 100 75 50 AVERAGE WHOLESALE PRICES OF COMMODITIES. 325 40 1914 1915 1917 105 1913 106 T able 9 .—AVERAGE W HOLESALE PRICES OF COMMODITIES, 1890 TO 1920-Continued. Food, etc. Rice. Salt: American. Soda: bicarbonate of, American. Spices: pepper, black, Singapore. Starcb: com. Year or month. Domestic, choice, average price per pound. Honduras, head, Relative average price. price per pound. Average price per barrel. Relative price. 1890 1891 1892 1893 1894 $0,061 .064 .057 .046 .053 109.2 115.0 102.7 82.9 94.9 $0,792 .787 .758 .702 .719 77.7 77.1 74.3 68.8 70.5 1895. 1896. 1897. 1898. 1899. .053 .702 .623 .661 .665 .637 68.8 .061 .061 96.2 93.7 97.8 109.7 109.6 1900. 1901. 1902. 1903. 1904. .055 .055 .056 .057 .044 98.9 98.9 100.9 102.3 79.6 1.001 .857 .636 .614 .770 1905. 1906. 1907. 1908. 1909. .042 .047 .053 .062 .062 75.3 85.6 96.4 112.6 111.7 1910 1911 1912 1913 1914 .055 .050 .055 .055 98.7 90.4 98.7 $0.051 .051 100.0 101.4 Average price per pound. Relative price. Average price per pound. Relative price. $0,028' .032 .022 .029 .027 275.0 317.0 218.0 285.0 268*0 $0,115 .087 .069 .060 .052 106.1 80.5 63.5 54.8 47.6 $0,055 .060 .057 91.0 100.0 100.0 100.0 94.5 .018 .015 .015 .013 050 050 066 089 92.3 85.5 112 45.8 46.1 61.2 82.1 102.9 055 051 .012 177.0 152.0 150.0 129.0 117.0 050 050 83.3 83.3 98.1 84.0 62.4 60.2 75.5 .012 .011 .011 .013 .013 123.0 107.0 108.0 129.0 130.0 .129 .129 .126 .129 .123 119.0 119.1 115.7 118.8 113.3 .050 .047 .044 .051 .053 83.3 78.3 73.3 84.5 87.5 .755 .714 .793 .785 .818 74.0 70.0 77.8 77.0 80.1 .013 .013 .013 .011 .010 130.0 130.0 130.0 .122 .114 .099 .072 .071 112.2 .055 .058 .060 .058 .060 92.0 96.2 100.0 95.8 .755 .828 .988 74.0 81.1 96.8 .010 .010 100.0 100.0 .010 .010 100.0 .080 .097 .115 .109 .116 73.7 89.1 106.0 1.020 1.020 61.0 64.8 65.2 62.4 100.0 100.0 Average price per pound. .010 110.0 100.0 100.0 100.0 104.9 91.6 65.9 65.5 100.0 107.3 .060 .060 .060 .060 .062 Relative price. 100.0 100.0 100.0 99.3 100.0 102.8 W HOLESALE PKICES, 1890 TO 1920. Blue Rose, head, average price i per pound. g 1915 ... 1916 .... 1917 .... 1918 ... 1919.................. $0,040 .038 .063 .082 .098 .048 .045 .065 .089 .106 93.9 89.5 128.0 175.3 209.1 1.070 1.145 1.623 1.976 2.053 104.9 112.3 159.1 193.7 201.3 .010 .016 .021 .030 .025 103.0 158.0 213.0 297.0 253.0 .136 .176 .236 .256 .202 125.1 162.2 217.3 235.7 186.5 .065 .068 .067 .069 .069 108.3 113.2 112.3 114.5 114.5 £ 1920.................. January... February. March...... .096 .118 .118 .116 .107 .127 .128 .125 210.7 249.7 252.5 246.4 2.725 2.240 2.292 2.390 267.1 219.6 224.7 234.3 .025 .024 .024 .024 254.0 240.0 240.0 243.0 .142 .182 .183 .177 130.7 167.9 168.2 163.1 ,100 (2) .103 .103 170.8 170.8 April........ May......... June........ .114 .113 .112 .123 .122 .123 242.0 239.8 242.2 2.558 2.600 2.600 250.8 254.9 254.9 .025 .025 .025 245.0 245.0 245.0 .166 .152 .139 153.3 139.7 128.1 .103 (2) .103 July......... August___ September .110 .095 .083 .125 .102 .095 246.6 200.6 187.4 2.724 2.975 3-080 267.1 291.7 302.0 .025 .026 .029 245.0 256.0 290.0 .133 .126 .128 122. 9 115.9 117.8 (2) (2) (2) October... November. December. .071 .058 .053 .079 .068 .066 156.6 134.7 130.0 3.080 3.080 3.080 302.0 302.0 302.0 .029 .028 .023 290.0 280.0 229.0 .122 .107 .092 112.4 98.6 85.1 -22— Bull. 296<3o i No relative price computed. 2No quotation. .098 .098 .098 167.3 170.8 170.8 162.5 162.5 162.5 AVERAGE WHOLESALE PRICES OF COMMODITIES, w •° O 108 Table 9 .—AVER AGE W HOLESALE PRICES OF COMMODITIES, 1890 TO 1920-Continued. Food, etc. Year or month. 96° centrifugal. Vegetables: fresh. Granulated. Potatoes: white. Onions. 73.2 76.9 73.7 86.6 76.4 $0,273 .282 .301 .280 .278 110.1 113.4 121.1 116.3 112.1 $4.344 4.125 3.604 3.188 3.250 U93.5 183. 8 160.6 142.0 144.8 $0.596 .773 .455 .671 .613 100.4 130.3 76.6 113.2 103.3 97.4 106.1 105.4 116.4 115.2 .043 .034 .033 .036 .045 69.1 54.6 52. 9 56.7 72.1 .270 ' 108.7 104.0 .258 112. 8 .280 119.1 .296 .312 125.5 3.115 1.948 3.927 3.271 3.224 138.7 86.7 174.9 145.8 143.7 .433 .197 .328 .509 .417 72.9 33.1 55.3 85.9 70.3 .053 .051 .045 .046 .048 124.8 118. 3 104.4 108. 7 111.7 .049 .052 .063 .051 .046 77.2 82.5 100.2 81.2 73.1 .298 .285 .302 .230 .276 119.9 114. 8 121.4 92. 5 111. 1 2.427 3.500 3.646 3.568 2.557 108.2 155.9 162.4 158.9 158.5 .374 .564 .596 .525 .730 63.0 95.1 100.4 88.5 123.1 122.3 105.4 107.1 116.0 114.3 .053 .045 .047 .049 .048 123.2 105.9 108. 9 115.7 111.5 .045 .053 .062 .055 .059 71.5 84.2 98. 9 87.7 94.6 .268 .235 .230 .213 .233 107.7 94. 6 92. 6 85. 9 93.8 3.239 3.292 3.500 3.536 3.089 144.2 146. 6 155.9 157.5 137.6 .403 .548 .491 .712 .686 67.9 92.3 82.8 120.0 115.6 119.7 127.4 118. 9 100.0 109.7 .050 .053 .051 .043 .047 116.2 124. 8 118.3 100.0 110.3 .073 .065 .062 .063 116.1 103.3 98.9 100.0 97.2 .240 . 242 .245 .248 .248 96. 7 97.5 98.7 100.0 100.0 2.964 3.104 132.1 138. 3 162. 6 100.0 176.3 .428 .771 .913 .593 72.1 129.9 154.0 100.0 112.8 1890. 1891. 1892. 1893. 1894. $0.055 .039 .033 .037 .032 156.0 111.7 94.9 105.1 92.3 $0.062 .047 .044 .048 .041 144.5 110.3 101.9 113.3 96.3 1895. 1896. 1897. 1898. 1899. .033 .036 .036 .042 .044 92.9 103.4 101. 7 121.1 126.3 .042 .045 .045 .050 .049 1900. 1901. 1902. 1903. 1904. .046 .040 .035 .037 .040 130. 6 115.4 101. 1 106. 3 113.4 1905. 1906. 1907. 1908. 1909. .043 .037 .038 .041 .040 1910. 1911. 1912. 1913. 1914. .042 .045 .042 .035 .038 $0.071 .069 New York, New York, Chicago, average average average price per price per price per 100 pounds. sack. barrel. $1.804 2.120 1.304 $6.857 1.510 Rela tive price. Ordinary to fancy, average price per bushel. Good to choice, average price per bushel. $0.614 .693 Rela tive price. 1920. $0.046 .048 .046 .054 .048 Rela tive price. TO Rela tive price. Average price per pound. 1890 Average price per pound. Rela tive price. WHOLESALE PRICES, Packers’ New prime, York, Chicago, average average price per pound. price per pound. Rela tive price. Average price per pound. Tea: Formosa, fine. Tallow. Sugar. .047 .058 .063 .064 .075 132.9 165.4 179.4 183.1 214.6 .056 .069 .077 .078 .089 130.2 161.1 180.6 182.4 209.4 .069 .099 .156 .179 .154 98.0 139.9 220.5 253.6 217.1 .240 .240 .306 .358 .353 96.7 96.7 123.4 144.3 142.3 .598 1.313 2.664 1.059 1.953 69.7 153.2 310.9 123. 6 228.0 .455 1.111 1.923 .972 1.427 74.0 180.8 313.0 158.3 232.3 1920 .............. January... February. March....... .130 .130 .114 .119 372.0 371.1 325.1 338.6 .127 .154 .150 .137 296.7 360.0 350.1 321.3 .131 .180 .160 .161 185.4 254.6 226.7 227.2 .337 .365 .365 .365 135.7 147.0 147.0 147.0 1.156 2.500 (2) (2) 134.9 291. 8 2.606 2.621 2.678 3.291 424.2 426.7 435.9 535.7 April......... June......... .177 .209 .197 504.3 598.0 561.7 (2) (2) (2) .157 .141 .120 222.5 199.3 170.2 .365 .365 .365 147.0 147.0 147.0 (2) (2) (2) 4.249 4.425 3.975 691.7 720.4 647.1 July.......... August___ September .176 .134 .107 501.7 381.7 304.9 (2) 1.167 .143 391.3 334.0 .122 .128 .134 172.6 180.8 189.7 .365 .343 .310 147.0 138.1 124.8 (2) 1.200 1.113 140.1 129.8 3.570 2.097 1.395 581.2 341.4 227.1 October...' November. December. .083 .068 .053 238.0 193.4 151.1 .108 .096 .081 252.5 225.3 189.5 .120 .087 .066 169.7 122.9 93.1 .310 .286 .238 124.8 115.2 95.7 .875 .640 .775 102.1 74.7 90.5 1.069 1.197 ,911 174.0 194.9 148.3 May......... > No quotation. 109 • AVERAGE WHOLESALE PRICES OF COMMODITIES. .............. .............. .............. .............. .............. 1915 1916 1917 1918 1919 200 175 150 125 100 75 50 40 WHOLESALE PRICES, 1890 TO 1920. 400 375 350 325 300 275 250 225 110 C h a r t 25. Chart 25a . t .S 9 8 400 325 SUGAR : GRANULATED, NEW YORK. CENTRIFUGAL, 96* NEW YORK • (Average price la 1913 = 100. ) 300 275 250 225 200 175 150 125 100 75 AVERAGE WHOLESALE PRICES OF COMMODITIES. 875 350 50 i n 40 llllsliiiillllllall, T able 9 .—AVERAGE W HOLESALE PRICE OF COMMODITIES, 1890 TO 1920-Continued. Food, etc. Cloths and clothing. Vinegar: cider. Boots and shoes. Men’s. Year or month. Little boys’ : gun metal, blucher. Average price per pair. Average price per pair. Rela tive price. Rela tive price. Rela tive price. Gun metal, Goodyear welt, blucher. Average price per pair. Rela tive price. Gun metal, Goodyear welt, button. Average price per pair. Rela tive price. Split seamless Tan grain Brogans, Seamless blucher, CreedCreedsplit, mores, mores, ^-double Rela average average ^-double sole, aver tive price per price per sole, aver age price price. pair. pair. age price per pair. per pair. 1890.............................. 1891.............................. 1892.............................. 1893.............................. 1894.............................. 50.156 .180 . 164 . 150 . 150 103.9 120.0 109.5 100.0 100.0 51.050 1.050 1.038 1.013 .969 73.2 73.2 72.3 70.6 67.6 1895.............................. 1896.............................. 1897.............................. 1898.............................. 1899 ........................... .145 .130 . 130 .133 . 140 96.7 86.7 86.7 88.3 93.3 .981 .994 .950 .913 .938 68.4 69.3 66.2 63.6 65.3 1900 1901 1902 1903 1904 ........................... ........................... ........................... ........................... ........................... .135 .133 .141 .130 .133 90.0 88.3 93.9 86.7 88.3 1905 ........................... 1906 ........................... 1907 ........................... 1908.............................. 1909 ........................... .146 . 170 .173 .184 .180 97.2 113.3 115.0 122.8 120.0 1910.............................. 1911 ....................... 1912 ....................... 1913.............................. 1914.............................. .175 .199 . 157 .150 .174 116.7 132. 5 104.7 100.0 116.1 $6.130 i .938 . 944^ .931 .925 .925 1 1.004 1.254 1.273 1.135 1.200 i 79.1 i 1.138 $0.833 .873 100.0 104.9 $0. 970 .970 100.0 100.0 $1.955 2.121 100.0 108.5 52.632 2.773 100.0 105.3 51.100 1.063 1.231 1.385 1 ' i i $1.112 1.152 65.3 65.8 64.9 64. 5 64.5 70.0 87.5 88.7 83.7 79.4 76.7 88. 9 100.0 103.5 WHOLESALE PRICES, 1890 TO 1920. Series 1, Series 2, average average price per price per gallon. gallon. Children’s: gun metal, button. 101.5 116.4 154.5 290.5 277.1 .881 1.083 1.547 1.627 2.128 105.8 130.1 185.8 195.4 255.5 1.019 1.237 1.716 1.753 2.284 105.0 127.5 176.9 180.7 235.5 2.250 2.675 3.350 4.054 5.883 115.1 136.8 171.4 207.4 300.9 2.900 3.404 4.250 4.708 6.750 129.3 161. 5 178.9 256.4 8 CO 113.7 118.8 135.2 135.6 176.8 1920.............................. January................ February............. March................... .325 .360 .380 .380 291.2 322.5 340.4 340.4 2.402 2.470 2.470 2.470 288.5 296.7 296.7 296.7 2.545 2.613 2.613 2.613 262.3 269.3 269.3 269.3 6.655 7.000 7.250 7.250 340.4 358.1 370. 8 370.8 7. 533 8.000 8.150 8.150 286.2 303.9 309.6 309.6 2. 598 2.726 2.726 2.726 192.9 202.4 202.4 202.4 April..................... May....................... June..................... .380 .380 .380 340.4 340.4 340.4 2.470 2.470 2.470 296.7 296.7 296.7 2.613 2.613 2.613 269.3 269.3 269.3 7.250 7.250 6.750 370.8 370:8 345.3 8.150 8.150 7.500 309.6 309.6 284.9 2.726 2.726 2.585 202.4 202.4 192.0 July....................... August................. September........... .360 .320 .260 322.5 286.7 232.9 2.470 2.470 2.470 296.7 296.7 296.7 2.613 2.613 2.613 269.3 269.3 269.3 6.750 6.395 6.075 345.3 327.1 310.7 7.500 7.145 7.000 284.9 271. 5 265.9 2.585 2.585 2.535 192.0 192.0 188.3 October................ November........... December............. .260 .220 .220 232.9 197.1 197.1 2.320 2.138 2.138 278.6 256.7 256.7 2.462 2.280 2.280 253. 8 235.0 235.0 6.000 6.000 5.894 306.9 306.9 301.5 7.000 7.000 6.645 265.9 265.9 252.5 2.491 2.439 2. 324 184.9 181.0 172.6 1.265 1.322 1.504 1.509 1.967 113 1 1 0 .2 00 .113 .130 .173 .324 .309 AVERAGE WHOLESALE PRICES OF COMMODITIES. 1915.............................. 1916............................... 1917............................... 1918.............................. 1919.............................. 114 WHOLESALE PRICES, 1890 TO 1920, C h a r t 26, AVERAGE WHOLESALE PRICES OF COMMODITIES. 115 Chart 26a . 116 T able 9 .—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1920-Continued. Cloths and clothing. Boots and shoes. Men’s. ear or month. Misses’ . Women’s. Patent leather, Gun Gun metal, pump, McKay metal, McKay blucher. sewed. McKay sewed, Relasewed, kid, lace, tive button, average average price per price. Average Rela Average Rela price per tive. price per tive price per pair. pair. price. pair. price. pair. 1890.. 1891. 1892.. 1893.. 1894.. $2,400 2.400 2.400 2.400 2.400 83.5 83.5 83.5 83.5 83.5 $2,500 2.500 2.500 2.500 2.500 87.2 87.2 87.2 87.2 87.2 $0,850 .800 .775 .750 .750 73.9 69.6 67.4 65.2 65.2 1895.. 1896.. 1897.. 1898.. 1899.. 2.400 2.400 2.400 2.320 2.240 83.5 83.5 83.5 80.7 77.9 2.250 2.250 2.000 2.000 2.000 78.5 78.5 69.8 69.8 69.8 .850 .850 .850 .850 .850 73.9 73.9 73.9 73.9 73.9 1900. 1901. 1902.. 1903.. 1904.. 2.240 2.300 2.300 2.350 2.350 77.9 80.0 80.0 81.7 81.7 2.000 2.000 2.000 2.000 2.008 69.8 69.8 69.8 69.8 70.1 .904 .854 .863 .888 .918 78.6 74.3 75.0 77.2 79.9 1905.. 1906.. 1907., 1908., i 1909., 2.375 $2.570 2.775 2.800 2.800 2.950 82.6 89.1 89.9 89.9 94.8 2.196 2.379 2.500 2.500 2.600 76.6 83.0 87.2 87.2 90.7 .977 1.031 1.006 .969 1.040 85.0 89. 7 87. 5 84.2 90.4 3.017 3.000 3.058 3.113 3.175 96.9 96.4 98.2 100.0 102.0 2.600 2.617 2.733 2.867 2.983 90.7 91.3 95.3 100.0 104.1 1.023 1.017 1.090 1.150 88. 9 88.4 94.7 100.0 105.0 .................... 1910., 1911., 1912., 1913., 1914., $1.019 1.019 100.0 100.0 $2.175 2.275 100.0 104.6 $1.659 1.741 $1.375 1.458 100.0 108.1 $1,027 1.071 100.0 104.3 WHOLESALE PRICES, 1890 TO 1920, Gun Calfbal., Black Vici kid, Good Black vici, Good metal, Good calf, year welt. button. year, Solid Good year welt, Good Relawelt, Rela grain, year dongola year welt, tive average welt, kid, lace, tive blucher, price. top, Average Rela Average Rela button, average price. price per average average pair. price per tive price per tive average price per price per price per per pair. pair. pair. pair. pair. price. price. price pair. Youths’ . 104.5 119.3 152.6 180.8 244.3 3.104 3.504 5.067 5.442 7.246 ioa3 122.2 176.7 189.8 252.8 1.075 1.415 1.861 2.015 2.709 105.6 138.9 182.7 197.9 265.9 $6,671 108.0 127.0 160.9 193.3 270.3 1920............................. January.............. February............ March................. 8.952 9.282 9.500 9.600 287.6 305.2 308.4 8.338 9.150 9.150 9.150 290.8 319.2 319.2 319.2 3.077 3.135 3.135 3.135 302.1 307.8 307.8 307.8 7.643 8.000 8.250 8.250 309.8 324.1 334.4 334.4 7.850 April................... Mav.. ......... • “AC*J . ............ ....... J u n e .................. 9.600 9.600 9.100 308.4 308.4 292.3 9.150 9.150 8.650 319.2 319.2 301.7 3.135 3.135 3.135 307.8 307.8 307.8 8.250 8.250 7.750 334.4 334.4 314.1 7.150 July..................... August................ September......... 9.100 9.100 9.100 292.3 292.3 292.3 8.650 8.000 7.750 301.7 279.1 270.3 3.135 3.135 3.135 307.8 307.8 307.8 7.750 7.218 7.000 314.1 292.5 283.5 October.............. November.......... December........... 7.944 7.750 7.750 255.2 249.0 249.0 7.500 7.000 6.750 261.6 244.2 235.5 3.006 2.850 2.850 295.2 279.8 279.8 , 7.000 7.000 7.000 283.5 283.5 283.5 29a 2 Cjxtfk. W bD tO 3.254 3.713 4.750 5,628 7.604 350 763 500 879 1.850 2.333 3.250 3.708 5.029 111.5 140.7 195.9 223.6 303.2 1.500 1.908 2.750 2.938 4.079 109.1 m 8 200.0 213.6 296.7 1.128 1.334 1.757 1.716 2.118 109.8 129.9 171.1 167.1 206.3 359.6 380.5 398.4 4.866 4.850 5.250 5.250 353.9 352.7 381.8 381.8 2.336 2.375 2.375 2.375 227.6 231.3 231.3 231.3 398.4 39a 4 362.9 5.250 5.250 5.250 381.8 381.8 381.8 2.375 2.375 2.375 231.3 231.3 231.3 6.500 362.9 339.3 329.9 5.250 4.718 4.500 381.8 343.1 327.3 2.375 2.375 2.375 231.3 231.3 231.3 6.323 6.250 6.073 320.8 317.1 3oai 4.323 4.250 4.250 314.4 309.1 309.1 2.289 2.185 2.185 223.0 212.8 212.8 $5,975 7.150 AVERAGE WHOLESALE PRICES OF COMMODITIES, 1915............................. 1916............................. 1917............................. 1918............................. 1919............................. -3 118 T able 9 .—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1920-Continued. Cloths and clothing. Carpets. Cotton goods. Brussels: 5- Wilton: 5-frame, Bigelow. frame, Bigelow. Year or month. Blankets. Calico. Denims. Axmin- Axminster: ster: 11-4, Lowell, Bigelow, Rela Cocheco Ameri 5 pounds to 2 pounds can 3-4 aver tive Average prints, average average Average the pair, to the standard Rela Rela age price. Rela cotton warp, Rela price price pair, price per price per average prints, tive tive tive tive price per per per price yard. yard. cotton ana average price. average price. yard. per yard. yard. price. wool filling, price per price. price per yard. pair. average price yard. per pound. Ingrain: 1890............................ 1891............................ 1892............................ 1893............................ ................ 1894. $0.516 .552 .504 .528 .468 84.7 90.6 82.7 86.6 76.8 $1,032 1.128 1.032 .984 .936 79.9 87.3 79.9 76.2 72.4 $1,920 2.016 1.920 1.920 1.920 79.7 83.7 79.7 79.7 79.7 $0.460 .460 .430 .420 .410 66.4 66.4 62.1 60.6 59.1 $0,065 .058 .065 .063 .055 114.5 101.3 114.5 110.1 96.6 $0.118 .114 .114 .118 .110 82.9 80.7 80.7 82.9 77.6 1895 ...................... ................ 1896 1897............................ 1898............................ 1899........................... .420 .408 .432 .468 .456 68.9 66.9 70.9 76.8 74.8 .936 .936 .960 1.032 1.032 72.4 72.4 74.3 79.9 79.9 1.680 1.680 1.728 1.824 1.824 69.8 69.8 71.8 75.7 75.7 .400 .400 .420 .420 .420 57.8 57.8 60.6 60.6 60.6 .053 .053 .050 .045 .048 92.5 92.5 88.1 79.3 85.1 .099 .099 .093 .090 .090 69.7 69.7 65.7 63.3 63.2 1900............................ 1901 .............. 1902. 1903 1904........................... .492 .480 .484 .514 .518 80.7 78.8 79.4 84.3 85.1 1.032 1.032 1.030 1.088 1.104 79.9 79.9 79.7 84. 2 85.4 1.872 1.872 1.884 2.008 2.040 77.7 77.7 78.2 83.4 84.7 .525 .475 .475 .500 .525 75.8 68.6 68.6 72.1 75.8 .053 .050 .050 .050 .053 92.5 88.1 88.1 88.8 93.2 .107 .105 .105 .113 .122 75.7 73.8 74.1 79.5 85.9 1905 1906........................... 1907........................... 1908........................... 1909........................... .552 .552 .576 .554 .528 90.6 90.6 . 94.5 90.9 86.6 lfl52 1.180 1.248 1.200 1.192 89.2 91.3 96.6 92.9 92.3 2.136 2.192 2.280 2.216 2.216 88-7 91.0 94.7 92.0 92.0 .600 .600 .600 86.6 86.6 86.6 83.3 82.6 .052 .055 $0.524 .504 .500 $0,050 .060 .052 .048 91.1 96.9 117.8 101.6 94.5 .108 .123 .138 .116 .125 76.4 87.0 97.5 81.9 88.4 1910.......................... 1911. 1912 .528 .528 .580 1.200 1.200 1.240 92.7 92.7 96.0 .550 .570 .567 90.9 94.2 93.7 103.9 97.6 97.6 .145 .138 .136 102.3 97.2 95.7 1.292 100.0 2.408 100.0 .605 .053 .050 .050 100.0 92.9 92.9 96.0 2.232 2.232 2.312 1.076 86.6 86.6 95.2 100.0 1.052 97.8 1.268 98.1 2.332 96.8 .640 105.8 1A13 . .. 1914........................... $1.024 .051 100.0 .142 100.0 .049 96.5 .140 98.8 WHOLESALE PRICES, 1890 TO 1920. Amos- Massa keag, chusetts, average average Rela tive price price price. per per yard. yard. 1915. 1916. 1917. 1918 1919. 1.084 1.372 1.638 2.070 2.402 1.296 1.544 1.838 2.621 3.407 100.3 | 2.429 119.5 2.880 142.3 3.416 202.9 4.505 263.7 5.412 100.9 119.6 141.9 187.1 224.7 .538 .734 1.234 1.894 1.695 88.8 121.4 204.0 313.0 280.1 .049 .064 .094 .162 .152 95.3 124.5 183.6 316.2 298.2 January.. February. March__ 3.936 3.600 3.600 3.600 293.9 268.6 268.6 268.6 4.272 4.176 4.176 4.176 330.6 323.2 323.2 323.2 6.784 6.480 6.480 6.480 281.7 269.1 269.1 269.1 2.035 1.934 2.200 2.200 336.4 319.6 363.6 363.6 .144 .176 (2) (1) April___ May...... . June...... . 3.600 4.176 4.176 268.6 311.7 311.7 4.176 4.320 4.320 323.2 334.4 334.4 6.480 7.104 7.104 269.1 295.0 295.0 2.200 2.200 2.200 363.6 363.6 363.6 .193 (*) (*) 4.176 4.176 4.176 311.7 311.7 311.7 4.320 4.320 4.320 334.4 334.4 334.4 7.104 7.104 7.104 295.0 295.0 295.0 2.200 2.200 2.200 363.6 363.6 363.6 (*) (*) (i) 4.176 3.888 3.888 311.7 290.3 290.3 4.320 4.320 4.320 334.4 334.4 334.4 7.104 6.432 6.432 295.0 267.1 267.1 1.630 1.630 1.630 269.5 269.5 269.5 (*) ^.103 .103 1920............... July........ August... October... November. December. 2No quotation. 115.9 177.6 232.4 286.4 273.8 281.2 343.4 .460 .447 .451 .451 358.0 348.0 350.6 350.6 377.9 .466 .466 .466 362.1 362.1 362.1 .466 .466 .466 362.1 362.1 362.1 201.8 201.8 («) (*) (») 119 $0.149 .228 .299 368 .352 .164 AVERAGE WHOLESALE PRICES OF COMMODITIES. $2.991 100.7 127.5 152.2 192.4 2:23.3 120 WHOLESALE PRICES, 1890 TO 1920. T able 9 .—AVERAGE W HOLESALE PRICES OF COMMODITIES, 1890 TO 1920-Continued. .069 .092 .157 .224 .237 84.3 111.4 190.6 271.9 288.2 .066 .095 .163 .241 .225 80.2 114.9 197.4 291.2 271.8 .083 .119 .182 .321 .288 81.4 117.7 179.2 317.2 284.4 .068 .086 .134 .259 .235 86.0 108.2 169.4 327.3 296.5 .064 .081 .128 .180 .189 98.2 125.1 196.8 277.2 290.9 .059 .074 .114 .177 .177 96.1 120.4 184.9 286.6 286.1 1920 .............. January..., February.. March........ .291 .308 .310 .315 353.8 373.9 376.7 382.4 .274 .305 .306 .306 330.8 369.0 370.4 370.4 .443 .416 .490 .490 436.9 410.5 483.7 483.7 .339 .337 .373 .373 428.1 425.7 470.8 470.8 .221 (2) .242 .242 340.6 372.5 372.5 .218 .240 .240 .240 352.7 388.3 388.3 388.3 April......... May........... June.......... .315 .315 .315 382.8 382.8 382.8 .308 .309 .308 372.2 373.3 371.8 .490 .490 .490 483.7 483.7 483.7 .373 .373 .373 470.8 470.8 470.8 .242 .242 .242 372.5 372.5 372.5 (2) (2) (2) July........... September. .315 .315 .315 382.8 382.8 382.8 .300 .287 .252 362.8 347.4 304.8 .490 .490 .490 483.7 483.7 483.7 .373 .373 .373 470.8 470.8 470.8 .242 .242 .185 372.5 372.5 285.1 (2) (2) .185 October___ November. December.. (3) .200 .181 243.0 219.4 .230 .209 .163 278.5 252.4 196.9 .325 .325 .325 320.8 320.8 320.8 .249 .249 .249 314.9 314.9 314.9 .185 .185 .185 285.1 285.1 285.1 .185 (2) (2) August..... 2 No quotation. 299.3 121 299.3 AVERAGE WHOLESALE PRICES OF COMMODITIES. .............. .............. .............. .............. .............. 1915 1916 1917 1918 1919 1 2 2 T able 9 .—AVER AGE W HOLESALE PRICES OF COMMODITIES, 1890 TO 1920—Continued. Cloths and clothing. Cotton goods. Hosiery. Percale: Scout, 36-inch. Print cloths. Women’s. Year or month. Twothread, average, price per dozen pairs, Septem ber price. 1890.......................... 1891.......................... 1892.......................... 1893.......................... 1894.......................... $1,274 1.176 1.078 1.054 .980 1895.......................... 1896.......................... 1897.......................... 1898.......................... 1899.......................... .907 .833 .784 .735 .735 1900.......................... 1901.......................... 1902.......................... 1903.......................... 1904.......................... .784 .686 .735 .784 1905.......................... 1906.......................... 1907.......................... 1908.......................... 1909.......................... Single thread, average price per dozen pairs, Septem ber price. Singlethread, carded yarn, average price per dozen pairs. ! 1 Seamless, single-thread. Combed Silk Fullyarn, mercer fash ized, fast ioned, black, mock 26 to 28 16-ounce, Rela combed seam, Rela ounce, 160 to 26-ounce, 220 needles, Average Rela-r 28-inch, 27-inch, Rela 188 176 average average tive yam, needles, tive tive 220 176 needles, needles, combed price per tive price per price per price. Rela yarn, average price. average needles, price. average price yard. price. average tive yard. yard. price per average per dozen price per average price per price per price. dozen dozen price per pairs, dozen dozen dozen pairs. pairs. September pairs. pairs. pairs. price. I ! $0.637 .637 .637 .662 .735 $0,800 .750 .810 131.3 121.2 111.1 108.6 101.0 $1,900 1.900 93.4 85.8 80.8 75.7 75.7 102.7 102.7 $1,225 1.127 1.078 1.054 .980 145.6 133.9 128.1 125.2 116.4 $0.033 .029 .034 .033 .028 88.6 78.0 89.9 86.2 72.9 1.875 1.875 1.850 1.800 1.750 101.4 101.4 100.0 97.3 94.6 . 858 .784 .760 .711 .735 101.9 93.2 90.2 84.4 87.3 .029 .026 .025 .021 .027 75.9 68.4 66.0 54.6 72.4 80.8 70.7 75.7 80.8 80.8 1.900 2.000 1.850 1.875 1.800 102.7 108.1 100.0 101.4 97.3 .760 .662 .735 .809 .760 90.3 78.6 87.3 96.1 90.3 .031 .028 .031 .032 .033 bl 7 74.8 82.0 85.4 88.3 80.8 83.9 93.2 87.4 94.5 1.750 1.900 2.025 1.775 1.775 94.6 102.7 109.5 95.9 95.9 .784 .760 .833 93.2 90.3 99.0 93.2 94.4 .031 .036 .048 .034 .036 82.8 96.0 126.0 88.9 95.2 $0.850 .800 .810 WHOLESALE PRICES, 1890 TO 1920. Men’s. 93.7 93.2 96.7 100.0 98.7 1.831 1.844 1.850 1.795 1.791 99.0 99.7 100.0 100.0 99.8 .813 .825 .854 .858 .846 94.7 96.1 99.5 100.0 98.6 $0,068 .068 100.0 100.0 1915.......................... 1916.......................... 1917.......................... 1918.......................... 1919.......................... .875 1.104 $1,035 1.533 1.904 2.106 102.0 128.7 190.6 236.7 261.8 1.782 2.102 2.522 3.739 4.365 .871 1.142 $4.306 99.3 117.1 140.5 208.3 243.2 $1.283 1.817 2.104 2.350 101.5 133.0 188.3 218.1 243.6 .063 .087 .132 .223 .218 1920.......................... January.......... February......... March............... 2.688 2.450 3.000 3.000 334.1 304.5 372.8 372.8 5.684 5.040 6.894 7.600 321.0 284.8 389.4 429.2 3.125 3.000 3.500 3.500 323.9 311.0 362.7 362.7 April................ May.................. June.................. 3.000 3.000 3.009 372.8 372.8 372.8 7.600 7.600 6.533 429.2 429.2 368.9 3.500 3.500 3.500 362.7 362.7 362.7 to July.................. August............. September....... 3.000 3.000 2.450 372.8 372.8 304.5 5.600 5.600 4.966 316.4 316.4 280.4 3.500 3.500 2.750 362.7 362.7 285.0 October............ November........ December........ 2.250 2.250 1.850 279.7 279.7 230.0 3.870 3.510 3.400 218.6 198.2 192.1 2.450 2.450 2.350 253.9 253.9 243.5 * No quotation. 101.6 92.6 101.1 $0.035 .030 100.0 93.0 129.0 196.0 329.6 323.0 .029 .042 .066 .113 .099 83.5 121.5 192.2 327.5 287.0 .198 (*) (*) 293.8 .126 .149 .154 .153 363.8 431.9 445.8 442.0 .310 (*) 459.3 .165 .160 .154 478.3 462.3 445.8 .142 .117 .100 411.6 338.8 289.9 .082 .065 .059 237.7 188.4 170.4 (3) (3) ( 2) (2) (2) (2) .143 .143 211.1 211.1 88.1 123 .038 .035 .038 .038 AVERAGE WHOLESALE PRICES OF COMMODITIES. .804 .800 .829 .858 .847 68643°—22—Bull. 296- 1910.......................... 1911.......................... 1912.......................... 1913.......................... 1914.......................... C h ar t 27, 400 375 350 325 300 275 250 225 200 175 150 125 100 75 50 40 400 375 350 325 300 275 250 225 200 175 150 125 100 75 50 AVERAGE WHOLESALE PRICES OF COMMODITIES. Ch a r t 2 7 a , 40 bO Or 126 T able 9 .—AVER AGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1920—Continued. Cloths and clothing. Cotton goods. Sheetings. Year or month. 10-4, Wamsutta, S. T. 4-4, Indian Head. Average price per yard. Rela tive price. 1890...................................... 1891...................................... 1892...................................... 1893...................................... 1894...................................... $0.219 .201 .190 .195 .174 91.6 83.9 79.4 81.4 72.8 $0,313 .316 .294 .306 .276 96.0 97.1 90.4 93.8 84.6 1895...................................... 1896...................................... 1897. .1................................ 1898...................................... 1899................................. .179 .179 .174 .172 .202 74.6 74.9 72.7 71.9 84.5 .272 .293 .293 .293 .295 1900...................................... 1901...................................... 1902...................................... 1903...................................... 1904...................................... .229 .212 .210 .228 .243 95.8 88.5 87.8 95.1 101.4 1905...................................... 1906...................................... 1907___ : .............................. 1908...................................... 1909 .................................... .227 .248 .288 .244 .252 ; 94.8 103. 5 120.5 102.1 105.2 4-4, Pepperell R. 4-4, Ware Law 4-4, Massa 4-4 rence * Shoals chusetts Stark*A, Mids, Rela L. L., L. L., Flying average tive average average price. price per Horse brand, price per price per average price yard. yard. yard. per yard. Average price per yard. Rela tive price. Rela tive price. Average price per yard. Rela tive price. $0.073 .073 .065 .068 .060 86.1 86.3 77.0 80.6 71.0 $0,064 .060 .057 .058 .053 87.3 81.4 77.6 79.5 72.4 $0.066 .059 .055 .057 .052 110.5 99.4 91.2 96.1 87.2 $0.085 .080 .081 .083 .073 97.1 91.8 92.9 95.6 83.6 83.5 89.8 89.8 89.8 90.6 .059 .062 .059 .054 .054 69.5 73.9 69.8 64.1 64.6 .053 .056 .053 .048 .050 72.2 76.1 71.6 64.8 68.8 .051 .051 .045 .042 .045 85.8 85.5 75.7 71.0 75.5 .070 .070 .064 .058 .064 80.5 80.0 73.7 67.1 74.0 .308 .293 .293 .304 .278 94.4 89.8 89.8 93.3 85.2 .062 .063 .063 .068 .080 74.0 74.9 74.2 80.9 95.2 .059 .059 .057 .060 .067 80.8 80.8 77.6 81.7 91.3 .051 .049 85.0 82.7 81.4 89.7 102.9 .075 .075 .076 .077 .080 86.5 86.2 86.9 88.2 92.2 .270 .273 .305 .279 .287 82.9 83.9 93.6 85.8 88.0 .076 .080 .084 .078 .075 90.0 95.2 99.2 92.5 89.3 , .064 .069 .075 .068 .069 87. 9 93.4 101.8 93.2 93.9 104.3 110.3 111.8 89.7 97.0 .075 .082 .112 .091 .091 86.0 93.9 128.4 104.9 104.4 Average price per yard. Average Relative price per price. yard. $0.058 .057 .062 .072 .073 .077 .078 $0,065 .052 .056 W H O L E SA L E P R IC E S, 1890 TO 1920. Bleached. 10-4, Pepperell. Shirtings; bleached muslin, 4-4, Fruit of the Loom. Brown. .268 .245 .228 .239 .253 111.8 102.4 95.4 100.0 105.9 .340 .306 .278 .326 .344 104.4 94.1 85.4 100.0 105.7 .084 .088 .081 .084 .080 99.2 104.4 95.7 100.0 94.8 1915...................................... 1916...................................... 1917...................................... 1918...................................... 1919...................................... .232 .298 .383 .600 .581 96.9 124.5 160.2 250.9 242.8 .305 .382 .581 .828 .920 93.5 117.3 178.5 254.3 282.3 .068 .088 .145 .235 .232 80.9 104.7 171.6 279.3 275.1 1920...................................... January....................... February...................... March........................... .726 .773 .876 (2) 303.3 323.0 366.1 1.220 1.264 1.303 1.303 374.5 388.2 400.2 400.2 .288 .298 .298 .298 342.5 353.3 353.3 353.3 1.303 1.303 1.303 400.2 400.2 400.2 .315 .315 .295 374.1 374.1 350.3 April............................. May............................... June.............................. (2) (2) (2) July............................... August......................... September................... .834 .816 .741 348.5 341.0 309.8 1.303 1.303 1.210 400.2 400.2 371.6 .280 (2) (2) 332.5 October........................ November___ December.................... .699 .556 .511 292.3 232.4 213.4 1.129 .959 .950 346.7 294.4 291.7 .210 (2) (2) 249.4 * No quotation. .073 99.7 93.2 94.1 100.0 93.5 .061 $0,065 .058 .061 .061 .056 105.4 93.7 98.5 100.0 91.2 .092 .087 .083 .085 .091 105.4 99.4 95.3 100.0 106.3 .083 .136 .201 .193 82.7 113.1 185.1 274.6 262.6 .052 .072 .118 .195 .168 84.0 117.6 192.7 317.3 273.5 .077 .094 .145 .230 .270 89.9 110.3 169.5 269.5 316.6 .218 .285 297.3 389.1 (s) .211 .250 .255 .256 343.5 406.7 415.0 416.6 .344 .348 .391 .392 402.7 407.6 458.6 459.5 .(*) (s) (2) .260 .262 .258 423.0 427.0 420.4 .392 .392 .392 459.5 459.5 459.5 (2) (*) .277 .238 377.6 324.7 .234 .201 .171 380.5 328.0 277.7 .392 .345 .343 459.5 404.0 402.1 .201 .163 .143 274.2 222.4 195.6 .148 .134 .103 241.5 218.4 167.9 .343 .196 .196 402.1 229.8 229.8 127 .073 AVERAGE WHOLESALE PRICES OF COMMODITIES. 1910...................................... 1911...................................... 1912...................................... 1913...................................... 1914...................................... 128 T able 9 .—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1920-Continued. Cloths and clothing. Cotton goods. Underwear. Shirtings: bleached muslin. Lonsdale. 4-4, average price per yard. 4-4 (new construc tion), average price per yard. Rela tive price. 4-4 (New York Mills, 4-4, 1890-1905; Rough Rider, Williamsville, A l, average 1906-1909), price per average yard. price per yard. 4-4, Wamsutta Rela tive price. Average price per yard. Rela tive price. Average price per spool. Tickings: Amoskeag, A. C. A. Rela tive price. Average price per yard. Rela tive price. 1890...................... 1891........................ 1892........................ 1893........................... 1894 . SO. 085 .082 .081 .083 .073 96.8 94.2 93.0 95.4 83.3 $0.097 .097 .093 .093 .089 111.4 111.1 107.1 106.4 101.8 $0.101 .101 .097 .098 .095 90.5 90.3 87.1 87.8 85.0 SO. 032 .031 .031 .031 .031 80.4 79.6 79.6 79.6 79.6 SO. 120 .118 .115 .118 .108 89.1 87.3 85.4 87.7 80.5 1895 . ......... 1896. .... 1897 ...................... 1898 ........................ 1899........................... .070 .069 .063 .060 .063 79.8 78.5 72.6 68.3 71.7 .085 .089 .084 .078 .073 98.0 101.8 96.2 90.2 83.5 .097 .095 .094 .081 .089 86.8 85.1 83.7 72.2 79.9 .031 .031 .031 .031 .031 79.6 78.8 77.8 77.8 77.8 .101 .102 .098 .089 .092 74.7 75.7 72.4 66.4 68.6 1900........................... 1901 1902 1903 1904 .073 .074 .074 .076 .080 83.8 84.5 84.9 86.5 91.2 .079 .076 .077 .085 .083 90.4 87.5 88.1 97.8 95.6 .097 .088 .089 .097 .092 86.4 78.3 79.2 87.2 82.5 .037 .037 .037 .037 .037 94.9 94.9 94.9 94.9 94.9 .108 .101 .105 .110 .121 80.5 75.3 78.0 82.0 90.1 1905 ........................ 1906 1907 1908 . . . 1909........................... .074 .081 . 103 .087 .088 84.6 92.4 117.4 100.1 100.7 .085 .095 .116 .094 .088 97.6 108.9 133.8 108.0 100.7 .094 .103 .110 .112 .106 84.3 92.5 98.5 100.2 94.7 .037 .037 .042 .041 .039 94.9 94.9 106.6 104.1 100.0 .108 .126 .137 .113 .118 80.5 93.8 102.0 83.6 87.7 SO. 083 Men’s: shirts and drawers. Women’s: union suits. Average price per 12 gar ments. Average price per 12 suits. Rela tive price. Rela tive price. WHOLESALE PRICES, 1890 TO 1920, Year or month. Thread: 6-cord, 200-yard spools, J. & P. Coats, freight paid. 102.2 95.0 95.3 100.0 102.8 .085 .079 .079 .080 .080 102.3 95.9 95.0 100.0 99.5 .114 .111 .10* .112 .112 101.9 98.9 93.5 100.0 100.0 .039 .039 .039 .039 .038 100.0 100.0 100.0 100.0 95.7 .129 .133 •.129 .135 .133 95.5 99.0 95.7 100.0 '98.7 $4.250 4.250 100.0 100.0 $8,250 8.250 100.0 100.0 .... .... .... .... .... .073 .089 .139 .230 .243 90.0 110.6 172.4 284.4 301.0 .071 .091 .150 .225 .246 87.9 113.3 187.5 281.1 306.4 .100 .125 .196 .302 .357 89.6 112.2 175.7 270.1 319.5 .036 .037 .043 .051 .055 91.6 93.6 108.9 130.4 140.6 .118 .163 .303 .407 .350 87.9 120.7 225.0 302.0 260.0 4.188 4.609 6.677 13.029 11.461 98.5 108.5 157.1 306.6 269.7 8.250 9.031 12.292 18.021 17.846 100.0 109.5 149.0 218.4 216.3 1920 .... January... February.. March....... .295 .323 .333 .333 365.3 399.9 412.4 412.4 .268 .340 .340 .340 333.7 423.3 423.3 423.3 .477 .506 .524 .524 426.7 452.8 469.4 469,4 .098 .102 .115 .117 249.5 260.5 292.6 297.7 .536 (2) .550 .550 398.0 408.6 408.6 13.521 14.500 14.500 14.500 318.1 341.2 341.2 341.2 22.632 23.625 23.625 23.625 274.3 286.4 286.4 286.4 April......... May.......... June......... .333 .333 .333 412.4 412.4 412.4 .340 .330 .320 • 423.3 411.2 399.1 .524 .524 .524 469.4 469.4 469.4 .093 .093 .093 238.0 238.0 238.0 .550 .550 .550 408.6 408.6 408.6 14.500 14.500 14.500 341.2 341.2 341.2 23.625 23.625 23.625 286.4 286.4 286.4 July.......... August___ September. .333 .305 .304 412.4 377.2 376.0 .281 .245 .204 350.8 805.4 254.0 .524 .524 .466 469.4 469.4 416.7 .093 .093 .093 238.0 238.0 238.0 .550 .450 (2) 408.6 334.3 14.500 14.500 13.500 341.2 341.2 317.6 23.625 23.625 22.500 286.4 286.4 272.7 October___ November. December. .239 .186 .186 296.2 230.4 230.4 .184 .148 .141 229.8 184.4 175.4 .421 .328 .328 377.1 293.9 293.9 .093 .093 .093 238.0 238.0 238.0 (2) (2) (2) 13.500 10.300 8.952 317.6 242.3 210.6 22.500 20.400 17.177 272.7 247.3 208.2 1915 1916 1917 1918 1919 2 No quotation, 129 AVEEAGE WHOLESALE PRICES OF COMMODITIES. $0.084 .078 .079 .081 .083 .089 1910 1911 1912 1913 1914 130 T able 9 .—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1920—Continued. Cloths and clothing. Leather. Cotton goods. Calf. Yarns: carded. Year or month. Average price per pound. White, mulespun, northern, cones, 22/1. Twisted, ordinary for weaving, 20/2, average price1 per pound. Twisted, ordinary for weav ing, 40/2, average price1 per pound. Wax calf, 30 to 40 pounds to the dozen, B grade, average price per square foot. Chrome calf, average price per square foot. Rela tive price. Harness: oak. Country middles, average price per pound. No. 1, average price per pound. Cali fornia, No. 1, average price per pound. Rela tive price. Rela tive price. Average price per pound. Rela tive price. $0,179 .179 .189 .181 .152 80.9 81.1 85.2 81.7 68.8 $0,221 .224 .230 .214 .180 89.2 90.7 92.9 86.4 72.6 $0,600 .647 .693 .645 .604 65.4 70.5 75.5 70.2 65.8 $0,257 .258 .237 .240 .228 73.0 73.3 67.3 68.2 1895 .............. 1896 .............. 1897................... 1898 ................ 1899.................... . 148 . 148 . 145 . 146 . 141 66.7 67.0 65.6 65.8 63.6 . 182 .184 .179 .179 .176 73.3 74.5 72.2 72.4 71.1 . 733 .643 .616 .676 .688 79.9 70.1 67.1 73.6 74.9 .289 .255 .243 .283 .300 82.0 72.6 69.1 80.3 1900........................... 1901 . . 1902........................... 1903........................... 1904........................... .185 . 159 . 154 . 187 .198 83.6 71.6 69.5 84.5 89.5 .228 .193 .182 .216 .228 92.2 77.9 73.5 87.1 92.1 .656 .628 .660 .690 .688 71.5 68.4 71.9 75.2 74.9 303 297 1905.................... 1906.................... 1907................... 1908.................... 1909........................... . 173 .200 .220 . 178 .197 78.3 90.6 99.6 80.3 88.9 .204 .230 .257 .210 .226 82.3 93.1 103.9 85.0 91.3 .697 .717 .767 1890 ...................... 1891 ................ 1892.......................... 1893 ...................... 1894.......................... $0.225 .218 .231 75.9 78.1 83.5 81.0 85.8 oo. y $0.333 .333 .331 .319 84.4 84.4 84.1 81.0 .333 .371 .374 .351 .381 84.6 94.3 94.9 89.1 96.7 Side: chrome, tanned, fB” grade, average price1 per square foot. WHOLESALE PRICES, 1890 TO 1920. White, mulespun, northern, cones, 10/1. Glazed: kid, top grades, from Brazilian skins, average price1 per square foot. 173 265 397 599 534 78.0 119.6 179.4 270.5 241.3 198 297 449 662 596 $0 694 621 Ja n u ary .. February. March__ 625 727 747 755 282.2 328.6 337.3 341.1 703 810 835 839 283.8 327.1 337.5 338.9 April May.. June. 778 767 730 351.7 346.7 329.8 844 862 832 July.......... August---September. 701 631 543 316.7 285.1 245.3 October... November. December. 434 370 311 196.3 167.0 140.4 233 210 201 105.4 95.1 90.8 197 1915. 1916. 1917. 1918. 1919. 1920................. 221 100.0 No relative price computed. $0.688 .663 1.015 .452 .498 .689 .693 .761 108.5 119.4 165.4 166.4 182.7 $0,439 .412 .640 365.5 472.9 472.9 472.9 1.073 1.400 1.400 1.400 .720 .800 .800 .800 172.7 192.0 192.0 192.0 .617 .850 .850 .850 1. 250 1.175 1.075 463. 7 435.8 398.7 1.400 1.350 1.050 .800 .790 .780 192.0 189.6 187.2 .725 .675 .575 1.524 1.212 .966 .875 .875 .800 324.6 324.6 296. 7 1.025 .825 .800 .720 .720 .670 172.7 172.7 160.8 .525 .525 .500 716 600 478 .750 .625 .575 278.2 231. 8 213.3 .775 .700 .750 .630 .590 .540 150.7 141. 5 129.6 .500 .450 .375 88.0 84.4 83.9 91.5 100.0 103.9 80.0 120.0 181.2 267.5 240.8 $0.900 .921 .285 .450 .579 .598 .970 105.7 166.9 214.7 221.8 359.6 719 877 935 910 1.421 1. 751 2.030 2.033 .985 1. 275 1. 275 1.275 341.1 348.4 336.2 908 931 875 1.984 1.987 1. 772 797 725 638 321.9 292.9 257.7 803 694 568 486 409 353 196.2 165.4 142.8 435 367 328 100.0 .379 . 369 .382 .394 .395 131 $0.418 96.3 93.7 97.0 100.0 100.3 .228 .226 .247 .270 .280 94.8 92.2 AVERAGE WHOLESALE PRICES OF COMMODITIES. 101.8 88.9 252 235 228 248 218 1910.. 1911.. 1912.. 1913.. 1914.. 132 T able 9 .—AVERAGE W HOLESALE PRICES OF COMMODITIES, 1890 TO 1920—Continued. Cloths and clothing. Sole: hemlock. Woolen goods. Silk: raw. Leather. Sole: oak. Linen shoe thread: 10s, Barbour. Japanese: filatures, Kansai, No. 1. Year or month. Flannels: white, 4-4, Ballard Vale, No. 3. Blankets. 4 to 5 5 pounds pounds to the to the pair, pair, average average price per price per pound. pound. Rela tive price. Average price per yard. Rela tive price. Average price per pound. Rela tive price. Average price per pound. Rela tive price. Average price per pound. Rela tive price. Average price per pound. Rela tive price. 1890...................................... 1891...................................... 1892...................................... 1893.................................... 1894...................................... $0.192 .186 .173 .180 .172 68.1 65.9 61.2 63.7 60.8 $0,377 .368 .342 .348 .328 84.0 82.0 76.2 77.6 73.1 $0.891 .891 .891 .899 .918 99.8 99.8 99.8 100.7 102.8 $5,243 4.011 4.327 4.541 3.363 144.1 110.2 118.9 124.8 92.4 $5,224 4.187 4.483 5.029 3.682 119.4 95.7 102.4 114.9 84.1 $0.910 .890 .900 .900 .850 86.7 84.8 85.7 85.7 81.0 $0,440 .440 .437 .413 .355 94.9 94.9 94.2 89.0 76.5 1895...................................... 1896...................................... 1897...................................... 1898...................................... 1899...................................... .207 .188 .203 .213 .225 73.5 66.7 72.1 75.5 79.9 .342 .293 .308 .321 .336 76.2 65.2 68.6 71.6 74.8 .851 .851 .851 .851 .851 95.3 95.3 95.3 95.3 95.3 3.786 3.407 3.464 3.638 4.409 104.0 93.6 95.2 99.9 121.1 4.037 3.629 3.640 3.877 4.771 92.2 82.9 83.2 88.6 109.0 .750 .750 .750 .900 .800 71.4 71.4 71.4 85.7 76.2 .308 .322 .311 .369 .375 66.5 69.4 67.2 79.5 80.9 ............................. 1900 1901.................................. 1902...................................... 1903 ........................ 1904 ........................... .249 .248 .237 .227 .226 88.3 87.7 83.9 80.4 80.0 .361 .353 .380 .374 .345 80.4 78.5 84.7 83.4 76.9 .888 .891 .891 .846 .850 99.4 99.8 99.8 94.7 95.2 4.169 3.513 3.822 4.135 3.642 114.5 96.5 105.0 113.6 100.1 4.513 3.847 4.109 4.524 3.865 103.1 87.9 93.9 103.4 88.3 .900 .850 .850 .925 .925 85.7 81.0 81.0 88.1 88.1 .410 .380 .399 .431 .443 88.4 82.0 '86.0 92.9 95.6 1905...................................... 1906...................................... 1907.................... 1908 .................. 1909 . . . . .229 .254 .264 .251 .255 81.2 90.0 93.7 88.9 90.4 .366 .380 .382 .380 .413 81.6 84.6 85.1 84.7 91.9 .850 .893 .893 .893 .893 95.2 100.0 100.0 100.0 100.0 ' 3.991 4.163 5.060 3.890 3.840 109.7 114.4 139.0 106.9 105.5 4.109 4.325 5.581 4.181 4.378 93.9 98.8 127.5 95.5 100.0 1.000 1.025 1.000 .950 1.000 95.2 97.6 95.2 90.5 95.2 .446 .461 .464 .461 .459 96.2 99.5 100.1 99.5 99.1 1910...................................... 1911.................................. 1912.................................. 1913.................................... 1914...................................... .247 .238 .258 .282 .302 87.5 84.2 91.4 100.0 107.0 .415 .388 .415 .449 .471 92.4 86.5 92.6 100.0 105.0 .893 .893 .893 .893 .907 100.0 100.0 100.0 100.0 101.6 3.524 3.471 3.445 3.640 3.694 96.8 95.4 94.7 100.0 101.5 4.005 3.888 3. 811 4.377 4.341 91.5 88.8 87.1 100.0 99.2 1.054 1.000 1.025 1.050 1.017 100.4 95.2 97.6 100.0 96.8 .466 .430 .452 .464 .455 100.4 92.8 97.5 100.0 68.1 WHOLESALE PRICES, 1890 TO 1920. Japanese: Italian: filatures, Rela classical, special, average tive extra, price per average price. pound. price per pound. 1915.................................... 1916.................................... 1917................................... 1918.................................... 1919.................................... 1920................................... April........................... May............................ June........................... Ju ly............................ August....................... September................. October...................... November.-............... December................... 109.7 137.6 189.8 171.6 187.3 189.4 198.5 202.1 202.1 202.1 202.1 202.1 202.1 195.0 180.8 173.7 166.6 145.3 .504 .640 .831 .796 .913 .856 .915 .915 .915 .915 .910 .900 .900 .875 .875 .800 .725 .625 112.4 142.5 185.2 177.4 203.5 190.7 203.9 203.9 203.9 203.9 202.8 200.5 200.5 195.0 195.0 178.3 161.5 139.3 1.076 1.358 1.654 1.706 2.482 1.968 2.129 2.453 2.589 2.707 2.707 2.707 2.707 2.707 2.707 2.200 2.200 . 1.478 120.5 152.1 165.5 185.3 191.1 277.9 220.4 238.4 274.7 289.9 303.2 303.2 303.2 303.2 303.2 303.2 246.3 246.3 3.318 4.867 5.494 6.273 8.880 8.277 16.975 14.065 12.998 9.506 6.305 6.451 4.608 4.705 6.321 5.978 5.782 5.635 91.2 133.7 150.9 172.4 244.0 227.4 466.4 386.5 357.1 261.2 173.2 177.2 126.6 129.3 173.7 164.3 158.9 154.8 3.634 5.952 $5,541 6.273 6.960 9.639 9.084 17.460 14.550 14.065 10.379 7.566 7.760 5.723 5.578 6.909 6.664 6.272 6.076 83.0 136.0 154.0 170.8 236.6 222.9 428.5 357.1 345.2 254.7 185.6 190.4 140.5 137.0 169.6 163.6 154.0 149.2 1.150 1.375 2.015 2.625 2.500 $1.822 1.905 2.000 2.000 2.000 1.960 1.960 1.960 1.960 1.960 1.960 2.000 1.600 1.500 109.5 131.0 191.9 250.0 238.1 249.1 261.4 261.4 261.4 256.2 256.2 256.2 256.2 256.2 256.2 261.4 209.1 196.0 .475 .515 .728 .882 .867 1.036 1.015 1.015 1.015 1.015 1.015 1.090 1.090 1.090 1.090 1.090 1.090 .820 102.4 111.2 157.1 190.2 187.1 223.6 219.0 219.0 219.0 219.0 219.0 235.2 235.2 235.2 235.2 235.2 235.2 176.9 AVEEAGE WHOLESALE PKICES OE COMMODITIES, January...................... February................... March......................... .309 .388 .535 .484 .528 .534 .560 .570 .570 .570 .570 .570 .570 .550 .510 .490 .470 .410 oo CO 134 T able 9 .—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1920-Continued. Cloths and clothing. Woolen goods. Hosiery: men’s Overcoating. Suiting. Cashmere: half hose, seamless, average Rela tive price. Average price per yard. Relative price. Average price per yard. Relative price. 1890. 1891. 1892. 1893. 1894. Middlesex. Indigo blue, all wool, 14-ounce, 54-inch, average price per yard. Wool-dyed, blue, 16-ounce, 55-56 inch, average price per yard. Rela tive price. 100.1 $1,547 1.547 1.547 1.508 1.470 100.1 1.152 1.138 1.047 1.138 1.138 74.6 73.6 67.7 73.6 73.6 100.1 97.6 95.1 1895. 1896. 1897. 1898. 1899. $0,945 . 882 67.6 74.3 71.9 $0,762 .734 .760 .917 .946 64.7 62.3 $1.183 1.300 1.258 77.8 80.3 1.122 1.147 68.3 63.8 68.0 81.2 83.0 1900. 1901. 1902. 1903. 1904. 1.575 1.500 1.500 1.575 1.650 90.0 85.7 85.7 90.0 94.3 1:082 .911 .913. .949 .924 91.9 77.4 77.5 80.6 78.5 1.346 1.118 1.093 1.129 1.104 97.4 80.9 79.1 81.7 79.9 1.138 1.185 1.312 1.440 1.444 73.6 76.6 84.9 93.2 93.4 1905. 1906. 1907. 1908. 1909. 1.831 2.042 1.971 1.850 1.788' 104.6 116.7 1.093 1.215 1.170 1.114 1.238 92.8 103.2 99.4 94.6 105.1 1.301 1.474 1.403 1.339 1.485 94.2 106.7 101.5 96.9 107.5 1.530 1.710 1.710 1.575 1.575 110.6 110.6 101.8 112.6 105.7 102.1 99.0 101.8 WHOLESALE PRICES, 1890 TO 1920. Clay worsted: diagonal, Clay worsted: diagonal, 12-ounce. 16-ounce. Soft faced: black, plain twill, 24-ounce, average price per yard. 1920...................................... - January....................... February..................... March........................... 5.116 5.427 5.500 5.500 1.925 1.750 $1.395 1.354 1.373 1.294 $2,017 2.917 3.840 4.078 4.722 4.500 5.000 5.000 1.423 1.920 2.569 3.105 2.140 3.519 (2) 3.960 103.8 92.8 103.2 100.0 1.223 1.093 1.215 1.178 94.3 1.080 103.7 139.9 187.2 226.2 155.9 110.0 101.6 98.6 288.5 288.5 1.575 1.489 1. 523 101.8 96.3 9& 5 100.0 1.459 1.273 1.406 105.6 92.1 •101. 8 1.382 100.0 1. 545 91.7 1.283 92.8 1.459 94.4 1.223 1.631 2.375 3.322 2.453 103.8 138.5 201.7 282.1 208.3 1.481 1.996 3.125 4.262 3.150 107.1 144.4 226.1 30a4 227.9 1.564 1.974 3.158 4.040 4.009 101.2 127.8 204.4 261.5 259.5 3.826 324.9 $1. 523 100.0 355.4 355.4 4.995 (2) 5.423 5.423 361.5 4.185 4.185 392.4 392.4 4.179 4.500 4.500 4.500 270.5 291.3 291.3 291.3 (2) (2) (2) (2) 5.000 (2) (2) (2) 4.185 4.185 4.185 355.4 355.4 355.4 5.423 5.423 5.423 392.4 392.4 392.4 4.500 4.500 4.500 291.3 291.3 291.3 July.............................. August......................... September.................. (2) 5.500 5.500 (2) 5.000 5.000 (2) (2) (2) 4.185 4.185 3.410 355.4 355.4 289.6 , 5.423 5.423 4.499 392.4 392.4 325.5 4.163 4.163 4.163. 269.4 269.4 269.4 October........................ November................... December.................... 5.500 4.000 4.000 5.000 4.000 4.000 3.128 3.128 3.128 265.6 265.6 265.6 4.163 4.163 4.163 301.2 301.2 301.2 4.005 3.600 3.060 259.2 233.0 198.1 April............................ May.............................. June............................. 2.930 2.930 2.930 1 No relative price computed. 213.5 213.5 213.5 a No quotation. 135 288.5 288.5 AVERAGE WHOLESALE PRICES OE COMMODITIES. 1910............................................................... 1911................................................................ 1912................................................................ 1913............................................................... 1914......................................!........................ I 1915_____________________!_____________ 1916...................................... $2,093 1917...................................... 3.083 1918...................................... 4.000 1919...................................... 4.158 136 WHOLESALE PRICES, 1890 TO 1920. C h a r t 28. 400 375 350 325 300 275 250 225 200 175 150 125 100 75 50 AVERAGE WHOLESALE PRICES OF COMMODITIES. 40 137 Ch a r t 2 8 a . 138 WHOLESALE PBICES, 1890 TO 1920, C h a r t 29. C h a r t 29a . 400 300 275 250 225 200 175 150 125 too 75 *0 AVERAGE WHOLESALE PRICES OF COMMODITIES. 68643°— 22— Bull. 296- 40 139 S75 350 325 140 T able 9 .—AVERAGE W HOLESALE PRICES OF COMMODITIES, 1890 TO 1920-Continued. Cloths and clothing. Woolen goods. Trousering. Underwear. Suiting: serge. Wash ington Mills, 6700, average price per yard. Shirts and drawers. Cotton warp, worsted Merino, All filling, 11-ounce, 21-22 11-11* Rela wool, natural, 22-23 Fulton ounce, ounce, ounce, 11-11* tive white, 50 per ounce, Mills, Rela average average average average price. average cent wool, 3192, tive price price price price average average price. price per per per per 12 price per price yard. gar yard. yard. per 12 yard. per yard. ments. garments. Merino, Merino, full-fash white, ioned, 60 52 per per cent Rela cent wool, wool, tive average price. average price price per 12 per 12 garments. garments. Union suvts: merino, Merino, natural, 40 per white, cent 60 per cent wool, wool, light average weight, price per 12 average price per garments. 12 suits. Union suits: merino, natural, 33* per cent wool, light weight, average price per 12 suits. Union suits: 33 per Rela cent tive worsted, price. average price per 12 suits. 1890....................... 1891....................... 1892....................... 1893....................... 1894....................... $0.910 .910 .683 97.4 97.4 73.1 $2.073 2.073 1.924 99.5 99.5 92.3 $24.750 25.650 25.650 25.650 21. 600 91.7 95.0 95.0 95.0 80.0 $16.650 17.550 17.550 17.550 14.850 100.9 106.4 106.4 106.4 90.0 1895....................... 1896....................... 1897....................... 1898....................... 1899....................... .683 .614 .660 .751 .811 73.1 65. 8 70.6 80.3 86.7 1.710 1.796 1.796 2.120 2.073 82.1 86. 2 86.2 101.7 99.5 21.600 21. 600 21. $00 21.600 23.400 80.0 80.0 80.0 80.0 86.7 14.400 14.400 14.400 14.850 13.500 87.3 87.3 87.3 90.0 81.8 1900....................... 1901....................... 1902....................... 1903........................ 1904....................... .810 .803 .791 .756 .774 86.7 85.9 84.7 80.9 82.9 2.287 1.988 1.980 $2.030 2.093 2.124 109.7 1 95.4 95.0 97.9 99.4 23.400 23.400 23. 400 23.400 23.400 86.7 86.7 86.7 86.7 86.7 14.850 14.850 14.850 1905....................... 1906....................... 1907........................ 1908........................ 1909........................ .964 1.044 1.050 .994 1.069 103.2 111.8 112.3 106.4 SI. 294 i1 114.4 2.233 2.413 2.447 4 2.494 5 2.484 104.5 112.9 114.4 116.7 116.2 23.400 27.000 27.000 27.000 27.000 86.7 100.0 100.0 100.0 100.0 $16.200 16.200 16.200 90.0 90.0 90.0 90.0 90.0 16.200 18.000 18.000 18.000 18.000 90.0 100.0 100.0 100.0 100.0 WHOLESALE PRICES, 1890 TO 1920. Fancy worsted. Year or month. 1.266 1.127 1.142 1.131 1.078 111.9 99.7 101.0 100.0 95.4 6 2.578 7 2.381 7 2.363 8 2.138 8 2.138 120.6 111.4 110.5 100.0 100.0 1915........................ 1916........................ 1917....................... 1918....................... 1919....................... 1.194 1.513 2.273 * 3.391 2.989 105.6 133.8 201.0 300.0 264.4 8 2.211 8 2.596 $2.488 103.4 121.5 147.0 217.0 219.9 12.690 ................ 100.0 13.548 ................ 106.8 17.667 ................ 139.2 21.560 $33.250 169.9 .............. 30.000 153.2 1920....................... January......... February___ March............ 3.679 (2) 4.050 4.050 358.2 358.2 2.657 3.082 3.150 3.150 234.9 272.5 278.4 278.4 .............. .............. .............. .............. 33.500 33.500 33.500 33.500 April.............. May................ June............... 4.050 4.050 ( 2) 3.150 3.150 3.000 278.4 278.4 265.2 .............. .............. .............. July................ August........... September__ ( 2) (2) 3.308 292.5 2.750 2.350 2.200 243.0 207.6 194.4 October......... November.. . December___ 3.308 3.308 3.308 292.5 292.5 292.5 2.200 1.850 1.850 194.4 163.4 163.4 2 No quotation. 358.2 358.2 419 to 20 ounce. 5 18 to 19 ounce. 100.0 100.0 $12,690 ................ 100.0 12.690 ................ 100.0 12.690 ................ 100.0 18.000 18.000 18.000 100.0 100.0 100.0 $8.460 8.460 8.460 100.0 100.0 $23.520 23.520 100.0 110.7 163.8 239.6 239.6 171.3 171.3 171.3 171.3 46.223 50.960 50.960 50.960 470.8 519.2 519.2 519.2 33.500 33.500 33.500 171.3 171.3 171.3 50.960 50.960 50.960 519.2 519.2 519.2 .............. .............. .............. 33.500 33.500 33.500 171.3 171.3 171.3 50.960 47.040 47.040 519.2 479.2 479.2 .............. .............. .............. 33.500 33.500 33.500 171.3 171.3 171.3 35.770 35.770 32.340 364.4 364.4 329.5 6 18-ounce. 8.460 9.365 13.854 7 17 to 18 ounce. $12,021 17.588 » 16£ to 17J ounce. 141 325.4 $1.941 2.348 3.465 3.512 27.000 27.000 27.000 AVERAGE WHOLESALE PRICES OF COMMODITIES. 1910....................... 1911....................... 1912....................... 1913....................... 1914 ...................... 142 T able 9 .—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1920-Continued. Cloths and clothing. Woolen goods. Women’s dress goods. Cashmere: cotton warp, Atlantic Mills F., average price per yard. Broad cloth: 53-54 inches, average price per yard. 54-56 inches, average price per yard. Rela tive price. Cashmere: 10-11 twill, 38-inch, Atlantic Mills J., average price per yard. Cashmere: 8-9 twill, 35-inch, Atlantic Mills, average price per yard. French serge: 35-36 inches, average price per yard. Rela tive price. Franklin sackings: 54-inch, average price per yard. Panama cloth: •54-inch, average price per yard. Storm serge: double warp, 50-inch, average price per yard. Rela tive price. 1890....................................... 1891....................................... 1892..................................... 1893....................................... 1894....................................... $0.181 .181 .179 .150 .135 86.0 86.0 84.9 71.0 64.0 $0.348 .366 .372 .325 .245 87.1 91.7 93.3 81.3 61.4 1895....................................... 1896...................... 1897........................ 1898........................................ 1899........................................ .127 .127 .137 .143 .159 60.5 60.3 65.1 68.1 75.6 .235 . 196 .239 .257 .321 58.9 49.1 59.8 64.4 80.3 .434 .416 .424 .455 .489 74.5 71.2 72.6 78.1 83.9 1900....................................... 1901...................................... 1902....................................... 1903.................................. . . 1904....................................... .164 .159 .164 .168 .174 77.9 75.2 77.9 79.7 82.6 .346 .323 .323 .332 .342 86.6 81.0 81.0 83.2 85.6 .610 .538 .558 .590 .584 104.5 92.3 95.8 101.1 100.1 1905........................................ 1906................ ............. 1907...................................... 1908........................................ 1909........................................ .202 .216 .223 .211 .223 95.7 102.3 106.0 109.0 105.8 .373 .392 .392 93.5 98.2 98. 2 92.5 101.1 .675 .687 .653 $0.338 .319 .348 $0,594 .618 .618 .606 .489 __________ $0.698 .698 .704 1____________ 101.8 106.0 106.0 103.8 83.8 115.7 117.8 112.0 112.0 112.9 W H O L E S A L E PRICES, 1890 TO 1920. Year or month. 1910....................................... 1911........................... 1912.................... 1913....................... 1914....................................... .228 .218 .218 .211 .201 108.2 103.5 103. 5 100.0 95.3 $1.039 $0,305 106.8 102. 7 100.5 100.0 92.5 .695 .671 .652 .624 111.5 107.6 104.5 $0.563 .500 100.0 88.9 $3.054 3.451 107.6 136.2 190.8 232.2 262.4 .315 .426 .713 .897 .901 95.3 129.2 216.3 271.8 273.3 .557 .762 1.088 1.465 1.318 99.1 135.4 193.4 260.4 234.2 1920....................................... January......................... February...................... March............................ 3.676 4.022 4.163 4.185 279.6 305.8 316.5 318.3 1.083 1.055 1.085 1.085 328.1 319.8 328.8 328.8 1.341 1.421 1.421 1.421 238.3 252.6 252.6 252.6 April.............................. June............................... 4.185 4.185 4.185 318.3 318.3 318.3 1.085 1.085 1.085 328.8 328.8 328.8 1.421 1.421 1.421 252.6 252.0 252.6 July............................... August........................... September.................... 4.185 3.836 3.023 318.3 291.6 229.9 1.085 1.085 1.085 328.8 328.8 328. 8 1.421 1.421 1.267 252.6 252.6 225.3 October......................... November.................... December..................... 3.023 2.558 2.558 229.9 194.6 194.6 1.085 1.085 1.085 328.8 328.8 328.8 1.150 1.150 1.150 204.4 204.4 204.4 1915....................... 1916....................................... 1917.. 1918....................................... 1919....................................... 143 AVERAGE WHOLESALE PRICES OF COMMODITIES. 1.172 1.484 2.079 2.530 .368 .354 .346 .344 .319 144 T able 9 .—AVERAGE W HOLESALE PRICES OF COMMODITIES, 1890 TO 1920—Continued. Cloths and clothing. Woolen goods. Women's dress goods. Wool: Ohio, scoured fleece. Cashmere: 22-inch, Hamilton, average price per yard. Poplar cloth: worsted filling, 36-inch, average price per yard. Relative price. Alpaca: 22-inch, Hamilton, average price per yard. Danish cloth: worsted filling, 22-inch, average price per yard. Silician cloth: 50-inch, average price per yard. Relative price. Fine (X and X X grades), average price per pound. Fine clothing, average price per pound. Relative price. 1890...................................... 1891...................................... 1892..................................... 1893...................................... 1894...................................... $0,083 .083 .082 .081 .076 100.3 100.3 98.9 97.4 91.5 $0,074 .074 .072 .071 .069 93.4 93.4 91.9 90.4 87.2 $0,716 .686 .612 .564 .445 121.6 116.5 103.9 95.8 75.6 1895...................................... 1896...................................... 1897...................................... 1898...................................... 1899...................................... .074 .071 .069 .069 .071 88.5 85.6 82.6 82.6 85.0 .064 .064 .064 .064 .066 81.0 81.0 81.0 81.0 83.5 .377 .394 .496 .615 .623 64.0 66.9 84.2 104.5 105.9 1900...................................... 1901..................................... 1902...................................... 1903...................................... 1904...................................... .076 .076 .075 .074 .081 $0.185 91.5 91.5 90. "8 89.2 97.4 .071 .071 .071 .069 .076 90.4 90.4 89.6 87.7 97.1 .659 .545 .577 .655 .686 112.0 92.6 98.0 111.2 116.6 .187 .190 .191 .197 .191 98.3 100.0 100.4 103.5 100.4 99.3 105.1 107.9 107.9 102.6 .759 .718 .718 .716 .738 128.9 122.0 122.0 121.7 125.3 1905...................................... 1906...................................... 1907...................................... 1908...................................... 1909...................................... $0.113 .115 .122 .125 $0.349 .349 .332 Fine Half-blood, delaine, average average price1 per price1 per pound. pound. WHOLESALE PRICES, 1890 TO 1920. Cotton warp. Year or month. 105.3 104.8 100.0 100.0 100.0 .338 .328 .327 104.6 101.5 101.0 .323 100.0 .686 .647 .647 1914................................. .200 .199 .190 .190 .190 .281 86.9 .579 98.3 1915................................. 1916................................. 1917................................. 1918................................. 1919................................. .193 .207 .350 .439 .422 101.7 108.8 184.2 231.2 221.9 .312 .665 .775 1.402 ! 715 .697 96.3 140.7 175.9 221.0 215.5 *1.471 1.804 1.728 112.9 131.7 238.2 292.3 279.9 $1. 534 1.881 1.885 $1. 379 1.746 1.678 1920 ............................ January.................... February.................. March....................... .538 .475 .475 .550 282.9 250.0 250.0 289.5 .805 .784 .784 .784 248.8 242.4 242.4 242.4 1.673 2.108 2.162 2.162 271.1 341.3 350.2 350.2 1.897 2.286 2.357 2.357 1.554 1.913 1.957 1.957 April......................... May.......................... June......................... .550 .550 .550 289.5 289.5 289.5 .784 .784 .784 242.4 242.4 242.4 2.216 2.189 1.622 359.0 354.7 262.7 2.381 2.357 2.024 1.957 1.913 1.630 July.......................... August..................... September................ .550 .550 .550 289.5 289. 5 289.5 .784 .784 .832 242.4 242.4 257.4 1.595 1.568 1.351 258.2 253.9 218.9 1.905 1.667 1.500 1.522 1.413 1.261 October.................... November................ December ............ .550 .550 .550 289.5 289.5 289.5 .850 .850 .850 262.8 262.8 262.8 1.216 1.054 .838 197.0 170. 8 135.8 1.429 1.310 1.191 1.130 1.087 .913 1910 ..............................1..................... 1911.................................1..................... 1912.................................1..................... 1913_____________ _________ 1_________ _____ .589 100.0 AVERAGE WHOLESALE PRICES OF COMMODITIES, 1 No relative price computed. 116.6 109.9 109.9 Ox 146 T able 9 .—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1920—Continued. Fuel and lighting. Cloths and clothing. Woolen goods. Alcohol: denatured, 180 proof. Wool: Ohio, medium fleece (i and f grades), scoured. Coal: anthracite, broken. Worsted yarns. Year or month. Average price per pound, based on price of unwashed wool. Rela tive price. 2-40s, X X X and xxxx, average price per pound. 2-32s, crossbred stock, average price per pound. Rela tive price. 2-40s, 2-40s, Australian half blood, fine, average average price per price per pound. pound. Rela tive price. 2-50s, fine domestic, average price1 per pound. Average price per gallon. Rela tive price. New York Tidewater, average price per long ton. Rela tive price. 1890 1891 1892 1893 1894 $0,614 .582 .528 .462 .354 130.4 123.6 112.0 98.1 75.2 $1,250 1.263 1.156 1.083 .919 112.1 113.1 103.6 97.1 82.3 $1,226 1.235 1.218 1.134 '.929 104.3 105.1 103.6 96.5 79.1 $3,486 3.443 3.615 3.563 3.417 78.4 77.5 81.3 80.1 76.9 1895 1896 1897 1898 1899 .328 .319 .400 .481 .497 69.6 67.6 84.9 102.0 105.4 .756 .750 .819 1.004 1.071 67.8 67.2 73.4 89.9 96.0 .743 .725 .852 1.031 1.091 63.2 61.7 72.5 87.7 92.8 3.283 3.269 3.247 3.211 3.135 73.8 73.5 73.0 72.2 70.5 1900 1901 1902 1903 1904 .530 .432 .444 .466 .487 112.4 91.6 94.2 98.9 103.4 1.194 1.028 1.139 1.213 1.172 107.0 92.1 102.1 108.7 105.0 1.205 1.040 1.123 1.177 1.188 102.5 88.5 95.5 100.1 101.0 3.271 3.551 3.719 4.250 4.247 73.6 79.9 83.6 95.6 95.5 1905 1906 1907 1908 1909 .535 .513 .516 .490 .543 113.5 108.8 109.5 104.0 115.3 1.273 1.309 1.293 $0,900 .802 .923 114.2 117.3 115.9 103.2 118.9 1.253 1.293 1.297 1.230 1.307 106.6 110.0 110.3 104.6 111.2 4.213 4.202 4.204 4.202 4.200 94.8 94.5 94.6 94.5 94.5 1910 1911 1912 1913 1914 .488 .449 .479 .471 .440 103.7 95.3 101.7 100.0 93.4 .869 .788 .828 .777 .640 111.9 101.4 106.6 100.0 82.4 1.252 1.206 1.220 1.175 1.027 106.5 102.6 103.8 100.0 87.4 4.200 4.199 4.354 4.446 4.450 94.5 94.5 97.9 100.0 100.1 $0.366 .338 100.0 92.5 WHOLESALE PRICES, 1890 TO 1920. Average price per pound, based on price of washed wool. 121.3 144.3 243.1 300.7 248.4 .788 1.050 1.556 2.109 1.627 101.4 135.2 200.3 271.5 209.5 February................... March......................... .971 1.236 1.236 1.236 203.0 258.4 258.4 258.4 1.825 2.250 2.250 2.200 April........................... May............................ June........................... 1.200 1.164 1.000 250.6 243.1 208.8 July............................ August....................... September................. .909 .873 .836 October...................... November. . . . December.................. .727 .691 .546 .571 .680 1.145 1920.................................... ■Tanim ry.......................... i No relative price computed. $1,404 2.113 3.175 3.236 94.0 •125.8 189.2 284.4 289.9 $1,550 2.354 3.600 3.633 .372 .563 .798 .686 .477 101.6 153.8 218.0 187.5 130.4 4.444 4.692 5.423 6.700 7.756 100.0 105.5 122.0 150.7 174.4 235.0 289.7 289.7 283.3 3.423 4.100 4.050 4.050 306.7 367.3 362.8 362.8 3.986 4.750 4.750 4.750 .980 .720 .760 .898 267.8 196.8 207.8 245.4 9.002 7.741 7.784 7.653 202.5 174.1 175.1 172.1 2.200 2.000 2.000 283.3 257.5 257.5 4.100 4.100 3.907 367.3 367.3 350.0 4.750 4.750 4.508 1.010 1.090 1.110 276.1 298.0 303.4 8.200 8.200 9.282 184.4 184.4 208.8 189.9 182.3 174.8 1.750 1.750 1.600 225.3 225.3 206.0 3.300 3.250 3.000 295.6 291.1 268.7 4.000 3.850 3.500 1.110 1.110 1.110 303.4 303.4 303.4 9.350 9.350 10.118 210.3 210.3 227.6 151.9 144.4 114.0 1.500 1.300 1.100 193.1 167.4 141.6 2.750 2.483 1.987 246.3 222.4 178.0 3.250 2.733 2.237 1.062 .880 .880 290.3 240.6 240.6 10.110 10.129 10.110 227.4 227.8 227.4 1.105 1.479 AVERAGE WHOLESALE PRICES OF COMMODITIES, |1.164 1.440 1.189 1915.................................... 1916.................................... 1917.................................... 1918.................................... 1919.................................... 148 T able 9 .—A VERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1920-Continued. Fuel and lighting. Coal: bituminous. Coal: anthracite. Chestnut. Pea. Egg. Chicago. Stove. Year or month. 1891............................................ 1892............................................ 1893............................................ 1894............................................ Rela tive price. Company New York prices, Tidewater, f.o.b.mine, average average price per price1 per long ton. long ton. $3.353 3.458 3. 944 4.167 3.542 63.1 65.1 74.2 78. 4 66.7 1895............................................ 1896............................................ 1897............................................ 1898............................................ 1899............................................ 2.979 3. 556 3. 737 3.553 3.646 1900............................................ 1901............................................ 1902............................................ 1903............................................ 1904............................................ Rela tive price. Company Company New York prices, prices, Tidewater, f.o.b.mine, f.o.b.mine, average average average price per price1 per price1 per long ton. long ton. long ton. Rela tive price. $3.614 3.751 3.980 3.852 3.390 71.8 74.5 79.1 76.5 67.4 $3.711 3. 854 4.153 4.193 3.600 73.3 76.2 82.1 82.8 71.1 56.1 66.9 70.3 66.9 68.6 3.030 3.549 3. 799 3.599 3.371 60.2 70.5 75.5 71.5 67.0 3.126 3.794 4.015 3.798 3.705 61.8 75.0 79.3 75.0 73.2 3. 917 4.327 4. 460 4. 825 4.825 73.7 81.4 83.9 90.8 90.8 3.584 4.057 4.367 4.825 4.823 71.2 80.6 86. 8 95. 9 95.8 3.945 4.322 4.463 4.825 4.825 88.2 1905............................................ 1906............................................ 1907............................................ 1908............................................ 1909............................................ 4.823 4.860 4.820 4.821 4.820 90.8 - 91.5 90.7 90.7 90.7 4.825 4.863 4.821 4.820 4.785 95.8 96.6 95. 8 95. 8 95.1 4.823 4.862 4.822 4.823 4.820 95.3 96.1 95.3 95.3 95.2 1910........................................ 1911........................................ 4. 813 4.999 5.281 90.6 94.1 99.4 95.6 95.5 5.313 100.0 100.0 4.813 4.807 5.030 4.818 4.806 5.033 95.2 95.0 99.4 1890........................................ 1912............................................ 1913........................................ 1914........................................ 5.315 5.064 5.059 99.9 100.0 99.9 5.061 5.061 77.9 85.4 95.3 95.3 100.0 100.0 Mine run, southern Illinois field, average price1 per short ton. Prepared Screenings, sizes, southern southern Illinois Illinois field, field, average average price1 per price1 per short ton. short ton. ' WHOLESALE PRICES, 1890 TO 1920. Company New York prices, Tidewater, f.o.b.mine, average average price1 per price per long ton. long ton. 100.2 104. 7 111.7 129.1 155.6 1920........................................... January............................. February......................... March................................ 7.413 6.700 6.700 6.700 9.502 8. 518 8.513 8.514 April.................................. May.................................... June.............................. .. .. 6.700 7.200 7.450 July.................................... August.............................. September......................... October............................. November......................... December......................... 1 No relative prices computed. 99.7 104.5 111.0 128. 5 156.4 $6.350 5.045 5.454 5.872 6.758 8.164 99.7 107.8 116.0 133.5 161.3 $5.050 $3.889 3.783 4.039 $4.267 4.008 4.367 $3.102 3.317 3.329 178.8 160%3 160.2 160.2 7.083 6. 350 6.350 6.350 9.167 8.165 8.125 8.149 181.0 161. 3 160.5 160.9 5.838 5. 300 5.300 5.300 7.371 6.600 6.600 6.600 9.427 8%429 8.412 8.411 186.2 166.5 166.2 166.2 5.608 3. 900 3.900 3.900 6.068 4; 100 4* 100 4.100 4.647 3.420 3. 420 3.420 8.522 9.059 9.462 160.4 170.5 178.1 6.350 6.850 7.150 8.170 8.657 9.132 161.3 171.0 180.3 5.300 5. 550 5.800 6.600 7.150 7.400 8.437 8.996 9.367 166.7 177.8 185.1 4.713 4.605 5.413 4.975 5.165 5. 844 3. 820 3.920 4.133 7.800 7.900 7.950 9.551 9.711 10.541 179.8 182.8 198.4 7.450 7.550 7.650 9.214 9.353 10.162 182.0 184.7 200.7 6.150 6.150 6.300 7.800 7.900 7.950 9.458 9.609 10.436 186.9 189.8 206.2 6.585 7.830 7.240 6.730 8.080 8.198 5.270 6.365 6.559 7.950 7.950 7.950 10.536 10. 543 10.548 198.3 198.4 198.5 7.650 7.650 7.650 10.191 10. 347 10.339 201.3 204.3 204.2 6.300 6.300 6.300 7.950 7.950 7.950 10.473 10.542 10. 548 206.9 208.3 208.4 7.195 6.164 5.883 8.170 7.070 6.315 6.300 4.876 4.178 1 4 9 $6,100 5.046 5.291 5.622 6.509 7.920 AVERAGE WHOLESALE PRICES OF COMMODITIES. $6,450 5.326 5.565 5.936 6.861 8.268 1915... ........... 1916... 1917... 1918... . . . . 1919........................................... 150 WHOLESALE PRICES, 1890 TO 1920. Chart 30. O l O OO S O S O l O l O l O l O l O l O 05 S Q O O O O O O O O O r - . 05 ,-H _< r-I r-< • —I •r-H r-4 OS Chart 30a . 409 375 350 325 27 * 250 225 200 175 150 125 100 n 50 AVERAGE WHOLESALE PRICES OF COMMODITIES. 300. 40 1914 1915* 1916 1917 1918 1919 1920 151 1913 152 WHOLESALE PEICES, 1890 TO 1920. Chart 31, 300 275 250 225 200 175 150 125 100 75 AVERAGE WHOLESALE PRICES OF COMMODITIES. 400 3*5 350 325 50 1913 1914 1915 1916 1917 1918 1919 1920 153 40 154 T able 9 .—AVERAGE W HOLESALE PRICES OF COMMODITIES, 1890 TO 1920—Continued. Fuel and lighting. Year or month. Coke: Connellsville furnace. Coal: semibituminous. Coal: bituminous. Georges Creek, f. o. b. New York Harbor, average price per long ton. Poca hontas, f. o. b. Norfolk, Va., average price per long ton. Rela tive price. Average price per short. ton. Rela tive price. Average Rela price tive per gallon. price. ....... 1........... 1890. 1891. 1892. 1893. 1894. $0,066 .079 .075 .076 .063 79.4 94.4 89.6 90.7 75.8 $0,863 .950 .900 .921 .821 57.2 63.0 59.7 61.0 54.4 $2,988 3.031 2.931 2.950 2.738 97.8 99.3 96.0 96.6 89.6 $2,083 1.875 1.808 1.479 1.058 85.4 76.9 74.1 60.6 43.4 1895. 1896. 1897. 1898. 1899. .060 .057 .057 .057 .053 71.8 68.5 68.2 67.6 63.5 .775 .900 .833 .913 1.013 51.4 59.7 55.2 60.5 67.1 2.813 2.663 2.442 2.175 2.700 92.1 87.2 79.9 71.2 88.4 1.325 1.875 1.617 1.677 2.185 54.3 76.9 66.3 68.7 89.6 1900. 1901. 1902. 1903. 1904. .075 .075 .079 .093 .085 89.9 89.9 94.1 110.6 101.9 1.200 1.338 2.125 2.396 1.750 79.6 88.7 140.9 158. 8 116.0 2.908 2.925 4.058 4.438 3.196 95.2 95.8 132.9 145.3 104.6 2.646 1.963 2 688 2.913 1.638 108.5 80.4 110.2 119.4 67.1 1905. 1906. 1907. 1908. 1909. .080 .079 .082 .085 .081 95.7 94.4 98.6 101.8 96.8 1.600 1.550 1.538 1.442 1. 379 106.1 102. 8 101.9 95.6 91.4 3.150 3.125 3.238 3.079 3.052 103.1 102.3 106. 0 100. 8 99.9 2.288 2.675 2.825 1.708 2.002 93.8 109.6 115. 8 70.0 82.1 1910. 1911. 1912. 1913. 1914. .081 .083 .080 .084 98.3 98.8 96.2 100.0 100.0 1.408 1.446 1.463 1.508 93.4 95.9 97.0 100.0 99.5 3.047 3.021 3.126 3.054 99.8 98.9 102.3 100.0 100.0 1.969 1.642 2.400 2.440 1.808 80.7 67.3 98.4 100.0 74.1 $2.200 2.200 $2.413 2.400 $3.000 3.000 $0.168 .144 100.0 85.7 WHOLESALE PRICES, 1890 TO 1920. Pittsburgh Pittsburgh, New Pittsburgh, St. Louis, Georges (YoughioRiver, run of run of Creek prepared Rela gheny), at mine,f.o.b. Rela f. o. b. (at mine), Cincinnati, mine, sizes, tive Cincinnati, Cincinnati, tive average average average average price. average price. average price1per price1 per price per price per price per price per short ton. short ton. long ton. snort ton. bushel. short ton. Gasoline: motor. 2.200 2.675 4.583 3.883 4.108 208.3 176.5 186.7 S3.266 3.362 3.503 $2. 838 3.203 3.022 2.450 3.067 5.192 4.100 4.542 101.6 127.1 215.2 169.9 188.3 2.850 3.729 5.432 4.477 4.911 95.0 124.3 181.1 149.2 163.7 1.785 3.246 8.250 6.000 4.738 73.2 133.0 338.2 245.9 194.2 .138 .230 .238 .242 .245 82.2 136.7 141.1 143.9 145.6 1920 .... January... February.. March....... 5.850 4.100 4.100 4.100 265.9 186.4 186.4 186.4 4.688 3.620 3.520 3.520 4.408 3.400 3.380 3.350 6.288 4.300 4.300 4.300 260.6 178.2 178.2 178.2 6.285 4.632 4.632 4.632 209.5 154.4 154.4 154.4 10.816 6.000 6.000 6.000 443.4 245.9 245.9 245.9 .293 .257 .265 .280 174.2 152.7 157.5 166.4 April......... May........... June.......... 5.500 6.000 6.000 250.0 272.7 272.7 4.000 4.600 4.750 3.720 3.840 4.230 5.850 6.100 6.600 242.5 252.9 273.6 6.480 6.480 6.480 216.0 216.0 216.0 10.500 12.000 14.300 430.4 491.9 586.2 .285 .294 .300 169.3 174.7 178.3 July........... August___ September. 6.000 6.000 7.100 272.7 272.7 322.7 5.500 5.500 6.000 4.880 5.060 5.570 6.600 6.600 7.700 273.6 273.6 319.2 6.480 6.480 7.280 216.0 216.0 242.7 14.375 15.550 15.313 589.2 637.4 627.7 .300 .300 .310 178.3 178.3 184.2 October.. . November. December. 7.100 7.100 7.100 322.7 322.7 322.7 6.000 5.490 5.290 4.690 7.700 7.700 7.700 319.2 319.2 319.2 7.280 7.280 7.280 242.7 242.7 242.7 14.313 8.850 6.238 586.7 362.8 255.7 .310 .310 .310 184.2 184.2 184.2 No relative price computed. 121.6 5 .0 0 0 4.250 155 100.0 AVEEAGE WHOLESALE PBICES OF COMMODITIES. 6 8 6 4 3 °— 22— B ull. 296H1 .... .... .... .... .... 1915 1916 1917 1918 1919 Metal and metal products. Fuel and lighting. Petroleum. Matches. Year or month. 1890............................. $1.958 1891............................. 1.750 1892............................. 1.750 1.750 1893............................ 1894............................. 1.667 Globe, No. 1, average price per 144 boxes. . Augers. Refined. Crude. California. Rela tive price. KansasOklahoma. Pennsylvania. For export. 150° fire test, water-white. f-inch, average price each. Extra, Regular, 1-inch, 1-inch, average average price price each. each. Rela tive price. Aver age price per barrel. Rela tive price. Aver age price per gallon. Rela tive price. Aver age pnce per gallon. 130.6 116.7 116.7 116. 7 111.1 SO. 868 .670 .556 .640 .839 35.4 27.3 22. 7 26.1 34.2 $0.073 .069 .061 .052 .052 84.9 79.4 70.6 60.5 59.7 SO.100 .088 .079 .073 .073 86.7 71.3 64. 4 58.8 58.8 $0.190 .190 .190 .180 .154 63.4 63.4 63.4 60.0 51.4 Aver age price per barrel. Rela tive price. Average price per barrel. Rela tive price. Rela tive price. 1895............................. 1896............................. 1897............................. 1898............................. 1899............................. 1.688 1.750 1.750 1.750 1.750 112.5 116.7 116.7 116.7 116.7 1.358 1.179 .787 .912 1.293 55.4 48.1 32.1 37.2 52.8 .071 .070 .060 .063 .079 82.4 81.3 69.2 72.8 91.7 .092 .104 .090 .091 .102 74.8 84.3 73.0 73.7 82.3 .133 .139 .143 .143 .147 44.4 46.4 47.5 47.5 48.8 1900...........................’ 1901............................. 1902............................. 1903 ........................... 1904............................. 1.750 1.750 1.583 1.500 1.500 116.7 116.7 105.6 100.0 100.0 1.352 1.210 1. 237 1.589 1.627 55.2 49.4 50.5 64.8 66.4 .085 .075 .073 .086 .083 99.0 86.8 85.0 99.6 95.7 .119 .110 . Ill . 136 .137 96.4 88.9 89.9 110. 5 110.9 .200 .170 .180 .231 .240 66.6 56.6 60.0 77.0 80.0 1905............................. 1906............................. 1907............................. 1908............................. J309............................. 1.500 1.500 1.500 1.500 1.500 100.0 100.0 100.0 100.0 100.0 1.384 1.598 1. 734 1.780 1.663 56.5 65.2 70.8 72.7 67.9 .072 .076 .082 .087 .084 83.7 88.3 95.5 100.7 96.8 .126 .130 .135 .135 .123 102.4 105.4 109.2 109.5 99.4 .307 .357 .360 SO. 420 .420 .372 102.2 118.9 120.0 120.0 106.4 WHOLESALE PRICES, 1890 TO 1920. Parlor, do mestic, average price per 144 boxes. Average of Safe Home, Bird’s Eye, and Search light, average price per matchman’s gross. 156 T able 9 .—AVERAGE W HOLESALE PRICES OF COMMODITIES, 1890 TO 1920—Continued. 1910 .................... 191 1 ........................... 191 2 ........................... 1913 ........................... 1914 ........................... 100.0 85.5 .077 .073 .084 .086 .085 89.2 84.9 97.2 100.0 98.0 .108 .093 .112 .123 .120 87.5 75.0 90.6 100.0 97.3 .583 1.258 1.775 2.197 2.279 62.4 134.7 190.0 235.2 243.9 1.529 2.483 3.200 3.972 4.135 62.4 101.4 130.6 162.1 168.8 .077 .088 .102 .146 .181 88.9 101.6 118.7 169.2 209.4 .121. .122 .124 .170 .200 98.0 98.7 100.7 137.5 162.5 .380 .615 .708 124.3 165.2 267.4 307.9 440.9 362.9 368.6 405.7 3.404 2.900 3.000 3.500 364.3 310.4 321.1 374.6 5.975 5.063 5.513 6.100 243.9 206.6 225.0 249.0 .234 .196 .220 .228 270.9 227.1 254.9 263.6 .263 .224 .240 .250 213.2 181.7 194.6 202.8 .931 .855 .855 .907 404.6 371.7 371.7 394.4 1.540 1.540 1.540 440.0 440.0 440.0 3.500 3.500 3.500 374.6 374.6 374.6 6.100 6.100 6.100 249.0 249.0 249.0 .235 .239 .241 272.3 276.9 278.8 .260 .260 .260 210.9 210.9 210.9 .950 .950 .950 413.0 413.0 413.0 173.7 189.7 189.7 1.612 1.665 1.680 460.6 475.7 480.0 3.500 3.500 3.500 374.6 374.6 374.6 6.100 6.100 6.100 249.0 249.0 249.0 .235 .238 .245 272.3 275.2 283.9 .260 .260 .275 210.9 210.9 223.0 .950 .950 .950 413.0 413.0 413.0 189.7 189. 7 189.7 1.664 1.660 1.660 475.4 474.3 474.3 3.500 3.500 3.500 374.6 374.6 374.6 6.100 6.100 6.100 249.0 249.0 249.0 .245 .245 .245 283.9 283.9 283.9 .290 .290 .290 235.2 235.2 235.2 .950 .950 .950 413.0 413.0 413.0 $0,934 .798 SI. 410 1.410 1.410 103.9 128.9 173.7 173.7 173.7 .356 .618 .898 1.178 1.263 101.8 176.7 256.4 336.7 360.9 1920............................. January.............. February............ March.................. 1.464 1.410 1.410 1.410 180.3 173.7 173.7 173.7 1.543 1.270 1.290 1.420 April................... May..................... June.................... 1.410 1.410 1.410 173.7 173.7 173.7 July..................... August............... September......... 1.410 1.540 1.540 October............... November.......... December........... 1.540 1.540 1.540 100.0 100.0 100.0 157 .988 1.225 1.650 $0.230 AVERAGE WHOLESALE PRICES OF COMMODITIES. 100.0 110.7 1915............................. 1916............................. 1917............................. 1918............................. 1919............................. 104.6 97.1 100.0 54.9 53.1 64.3 100.0 78.2 $0,350 .388 $0.950 .950 .950 .366 .340 .350 .350 1.344 1.300 1.575 2.450 1.917 100.0 100.0 100.0 100.0 100.0 1.500 1.500 1.500 158 T able 9 .—AVERAGE W HOLESALE PRICES OF COMMODITIES, 1890 TO 1920-Continued. Metals and metal products. Bars. Bar iron. Year or month. Best refined, from store (Phila delphia market). Best Com mon, Rela Rela refined, average average tive tive price. price per price per price. pound. pound. Concrete rein forcing, mill, Pittsburgh. Loosejoint, cast, 3 by 3 inch, Average Rela average price tive price per per 100 pair. pounds. price. Chisels: socket firmer. LooseLoosepin, pin, wrought wrought steel, steel, by 3i Rela 3£ by 3£ 3£inch, tive inch, price. average average price per price per dozen pair. pairs. Extra 1-inch, average price each. Regular 1-inch, average price each. Copper: ingot. Electro Lake, Rela lytic, Rela average tive price per average tive price. price per price. pound. pound. 1890.......................... J891............................ 1892............................ 1893............................ 1894............................ $0,021 .019 .019 .017 .013 106.8 99.0 97.4 88.5 69.8 $0.018 .017 .016 1 .015 .012 102.5 95.2 91.4 83.6 66.9 $0.035 .035 .031 .031 .030 88.3 88.3 76.5 77.8 75.8 $0.210 .210 .210 .193 .173 84.0 84.0 84.0 77.3 69.3 $0.158 131 .115 .109 .095 97.9 81.1 71.7 67.9 58.9 1895............................ 1896............................ 1897............................ 1898............................ 1899............................ .014 .014 .013 .013 .021 75.0 72.9 68.2 66.7 101.8 .013 .012 .011 .011 .020 69.6 67.9 61.3 59.6 108.7 .032 .033 .031 .029 .029 79.3 82.3 76.5 73.0 73.0 .171 .179 .171 .172 .204 68.4 71.7 68.4 68.8 81.5 .108 .110 .113 .119 .177 66.8 68.2 70.4 74.2 109.9 1900............................ 1901............................ 1902............................ 1903............................ 1904............................ .020 .018 .021 .020 .017 102.1 95.8 110.9 104.2 89.6 .022 .018 .019 .018 .015 119.8 100.3 108.1 98.7 82.4 .040 .037 .040 .040 .040 100.0 92.3 100.0 100.0 100.0 .242 .230 .270 .280 .300 96.7 92.0 108.0 112.0 120.0 .166 .169 .120 .137 .131 103.3 104.9 74.6 85.1 81.5 1905............................ 1906............................ 1907............................ 1908.......................... 1909.......................... .019 .020 .021 .017 .018 100.0 103.1 109.9 88.5 91.7 .019 $0.017 .017 .018 .015 .015 104.2 102.4 106.1 88.5 88.5 .040 .040 .040 100.0 100.0 100.0 100.0 103.0 .397 .419 .444 .375 .332 158.7 167.5 172. 5 150.0 132.8 .158 .196 .213 1910............................ 1911............................ 1912............................ 1913............................ 1914............................ .019 .016 .018 .019 .016 96.4 85.4 91.1 100.0 83.5 .016 .013 .014 .017 .013 93.9 78.8 83.6 100.0 77.0 119.4 100.0 100.0 100.0 100.0 .348 .250 .250 .250 139.0 100.0 100.0 100.0 100.0 $0,090 .090 .093 .108 .090 .090 $1.376 1.153 100.0 83.8 $0.720 .720 .720 $0,200 .200 $0.208 .133 .131 98.0 121.9 132.1 84.8 83.3 .129 .125 .164 .157 .134 82.1 79.3 104.4 100.0 85.10 WHOLESALE PRICES, 1890 TO 1920. Average price per pound. From mill (Pittsburgh market). Butts. .017 .032 .047 .048 .038 91.0 170.2 247.3 256.4 203.2 .013 .026 .041 .038 .034 78.8 156.4 246.1 232.7 204.8 1.307 2.480 3.490 2.900 2.488 95.0 180.3 253.7 210. 8 180.8 .960 1.650 2. 812 3.200 3.413 133.3 229.2 390.5 444.4 474.1 .202 .262 .329 .390 .420 100.9 130.9 164.4 195.1 210.2 .173 .275 .294 .247 .191 109.7 175.1 186.9 156.8 121.5 1920............................ January............. February........... March................ .048 .040 .042 .045 256.9 214.9 223.9 241.0 .044 .035 .040 .045 266.7 212.1 242.4 272.7 2. 875 2.350 2.350 2.350 209.0 170. 8 170. 8 170.8 4.076 4.110 4.110 4.110 566.1 570.8 570.8 570.8 .518 .450 .467 .530 259.1 225. 0 233.3 265.0 .180 .193 .191 .186 114.2 122.8 121.2 118.1 April.................. May.................... June.................... .050 .050 .050 263.3 263.3 263.3 .045 .045 .045 272.7 272.7 272.7 3.175 3.175 3. 050 230.8 230.8 221.7 4.110 4.110 4.110 570.8 570.8 570.8 .530 .530 .530 265.0 265.0 265.0 .192 .191 .190 122.0 121.2 120.8 July.................... August............... September......... .050 .050 .052 263.3 263.3 276.6 .047 .048 .048 284.2 287.9 287.9 3.050 3.050 3.050 221.7 221.7 221.7 4.110 4.110 4.110 570.8 570.8 570.8 .530 .530 .530 265.0 265.0 265.0 .190 .190 .187 120.8 120.8 118.8 October............. November......... December.......... .055 .051 .047 289.9 271.3 247.9 .048 .044 .039 287.9 263.6 233.9 3.050 2.925 2.925 221.7 212.6 212.6 4.110 4.110 3. 700 570.8 570.8 513.9 .530 .530 .530 265.0 265.0 265.0 .168 .146 .137 106.5 92.5 87.0 159 1 ! AVERAGE WHOLESALE PRICES OE COMMODITIES, 1159............................ 1916............................ 1917............................ 1918............................ 1919............................ © WHOLESALE PRICES, 1890 TO 1920, Ch a r t 32. S n m s n i 3 § O* S S S 8 S S ? S G* 3 2 2 S S S t 2SS <J> C h a r t 32a . 400 375 350 275 C O P P E R WIRE-- BARE,NO.O. (Average p r ic e la 1913 = 160< 250 225 200 175 150 125 100 75 50 AVERAGE WHOLESALE PRICES OF COMMODITIES. 325 300 CO PPER - in g o t , electrolytic SHEET, HOT-ROLLED 40 1914 1915 1916 1917 1918 1919 1920 161 1913 162 T able 9 .— AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1920—Continued. Metals and metal products. Copper. Y*ear and month. Sheet: hot rolled (base sizes). Door knobs: steel, bronze-plated. Files: 8-inch mill, bastard. Average price per pair. Rela tive price. Average price per dozen. Rela tive price. Average price each. Hammers: Maydole, No. H. Iron ore: Mesabi Bessemer. Lead: pig. Wire: bare. Rela tive price. Average price per long ton. Rela tive price. Average price per pound. Rela tive price. Rela tive price. Average price per pound. Rela tive price. 1890........................... 1891............................ 1892........................ 1893............................ 1894........................ $0.228 .190 .160 .150 .143 107.4 89.7 75.5 70.8 67.2 $0.188 .165 .144 .135 .116 112.1 98.6 86.0 80.7 69.1 $0,166 .166 .166 .166 . 166 61.5 61.5 61.5 61.5 61.5 $0,910 .892 .872 .867 .830 98.9 96.9 94.7 94.2 90.2 $0,350 .350 .350 .350 .350 79.5 79.5 79.5 79.5 79.5 $0,044 .044 .041 .037 .033 100.0 99.3 93.9 85.0 75.2 1895............................ 1896............................ 1897............................ 1898............................ 1899............................ .143 .143 .146 .140 .218 67.2 67.2 69.0 66.1 102.6 .124 .136 .138 .138 .183 74.0 81.1 82.2 82.2 109.1 .195 .173 .166 .166 .166 72.3 64. 2 61.5 61. 5 61.5 .813 .778 .805 .825 .936 88.4 84.5 87.5 89.6 101.7 .353 .380 .380 .363 .387 80.1 86.4 86.4 82.6 87.9 .033 .030 .036 .038 .045 74.1 68.2 81.4 86.4 101.8 1900............................ 1901............................ 1902............................ 1903............................ 1904............................ .207 .209 .178 .192 .180 97.5 98.5 84.1 90.5 84.9 .180 .182 .133 .150 .144 107.6 108.5 79.3 89.5 86.0 .181 .190 .215 .225 .246 67.1 70.4 79.7 83.3 91.0 1.090 1.050 1.050 1.050 1.040 118.4 114.1 114.1 114.1 113.0 .419 .423 .423 .466 .466 95.2 96.2 96.2 105.9 105.9 .045 .044 .041 .043 .044 101.1 99.5 93.4 97.3 100.7 1905............................ 1906............................ 1907............................ 1908............................ 1909........................ .199 .238 .279 .179 .179 94.0 112.1 131.8 84.6 84.6 .170 .211 .240 .152 . 148 101.7 126.0 143.6 90.8 88.6 .363 .441 .450 .400 .400 134.3 163.3 166.7 148.1 148.1 1.037 1.022 .998 .954 .933 112.6 111.0 108.4 103.7 101.4 .466 .466 .466 .466 .466 105.9 105.9 105.9 105. 9 105.9 .048 .059 .055 .042 .043 108.9 133.6 125.5 95.9 97.5 1910............................ 1911............................ 1912............................ 1913............................ 1914............................ .180 .166 .213 .212 .188 85.1 78.1 100.5 100.0 88.7 .144 . 139 .175 .167 .147 85.8 83.0 104.4 100.0 87.6 .475 .250 .270 .270 .270 175.9 92.6 100.0 100.0 100.0 .930 .930 .926 .920 .916 101.1 101.1 100.6 100.0 99.5 .469 .440 .440 106.6 100.0 100.0 100.0 100.0 .045 .045 .044 .044 .039 101.8 101.1 100.7 100.0 88.4 $5.280 5. 280 5.280 $4.150 3.717 100.0 89.6 WHOLESALE PRICES, 1890 TO 1920. Average price per dozen. Average price per pound. .225 .359 .391 .338 .285 106.0 169.5 184.4 159.6 134.6 .185 .305 .359 .276 .222 110.6 182.4 214.6 165.1 132.7 .300 .371 .428 .470 .471 111.1 137.3 158.6 174.1 174.4 .914 1.050 1.372 1.637 1.656 99.4 114.0 149.1 177.9 179.9 5.280 6.840 9.450 11.108 12.100 100.0 129.5 179.0 210.4 .229.2 3.475 4.325 5.700 5.992 6.262 83.7 104.2 137.3 144.4 150.9 .046 .068 .091 * .074 .058 104.3 154.5 207.0 168.6 131.4 1920............................ January............. February........... March................ .284 .293 .295 .295 133. 8 138.1 139.2 139.2 .219 .228 .230 .230 130.8 136.3 137.5 137.5 .630 .580 .580 .640 233.3 214.8 214. 8 237.0 1.729 1.610 1.610 1.610 187.9 174.9 174.9 174.9 14.067 13.200 13.200 13.200 266.4 250.0 250.0 250.0 7.123 6.200 7.200 7.200 171.6 149.4 173.5 173.5 .081 .087 .088 .092 183.6 198.2 200.2 209.8 Anril.................. May.................... June................... .295 .295 .295' 139.2 139.2 139.2 .230 .230 .230 137.5 137 5 137.5 .640 .640 .640 237.0 237.0 237.0 1.678 1.780 1'. 780 182.3 193.4 193.4 13.200 14.500 14.500 250.0 274.6 274.6 7.200 7.200 7.200 173.5 173.5 173.5 .090 .086 .0S5 203.6 194.5 192.7 July.................... August.............. September......... .295 .295 .295 139.2 139.2 139.2 .230 .230 .229 137.5 137.5 136.9 .640 .640 .640 237.0 237.0 237.0 1.780 1.780 1.780 193.4 193.4 193.4 14. 500 14.500 14.500 274.6 274.6 274.6- 7.200 7.200 7.200 173.5 173.5 173.5 086 .090 .082 195.5 204.1 185.5 October............. November......... December.......... .277 .239 .235 130.7 112.6 110.9 .206 .183 .170 122.8 109.2 101.6 .640 .640 .640 237.0 237.0 237.0 1.780 1.780 1.780 193.4 193.4 193.4 14. 500 14 500 14.500 274.6 274.6 274.6 7.200 7.200 7.200 173.5 173.5 173.5 .073 .063 .048 166.1 142.7 108.6 AVERAGE WHOLESALE PRICES OF COMMODITIES. 1915............................ 1918............................ 1917............................ 1918............................ 1919............................ co 164 T able 9 .—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1920—Continued. Metals and metal products. Nails: 8-penny, fence and common. Year or month. Lead pipe. Cut. Average price each. Rela tive price. Wire. Rela Average Average price per tive price per 100 pounds. price. 100 pounds. Relar tive price. Foundry, No. 1, average price per long ton. Bessemer. Basic, average price per long ton. Rela tive price. Average price per long ton. Foundry, No. 2, northern. Rela tive price. Average price per long ton. Rela tive price. 1890........................... 1891........................... 1892........................... 1893........................... 1894........................... 55.400 5.600 5.183 5.000 4.433 106.3 110.2 102.0 98.4 87.2 50.083 .083 .083 .083 .082 69.2 69.2 69.2 69.2 68.2 52.288 1.833 1.758 1.681 1.527 129.2 103.5 99.3 94.9 86.2 52.965 2.467 2.190 1.992 1.652 163.0 135.6 120.4 109.5 90.8 518.408 17.521 15.749 14.517 12.664 107.9 102.7 92.3 85.1 74.2 $18.873 15.950 14.367 12.869 11.378 110.2 93.1 83.9 75.1 66.4 $17.156 15.396 13.773 12.440 10.846 107.2 96.2 86.0 77.7 67.8 1895........................... 1896........................... 1897........................... 1898........................... 1899........................... 4.200 4.100 4.317 4.600 5.350 82.6 80.7 84.9 90-5 105.3 .083 .087 .083 .075 .075 69.4 72.2 69.4 62.5 62.5 1.925 2.713 1.333 1.193 2.024 109.7 153.2 75.3 67.4 114.3 2.118 2.925 1.485 1.438 2.388 116.4 160.8 81. 7 79.0 131.3 13.103 12.955 12.101 11.661 19.363 76.8 75.9 70.9 68.3 113.5 12.717 12.140 10.126 10.332 19.033 74.2 70.9 59.1 60.3 111.1 11.675 11.771 10.100 10.027 17.350 72.9 73.5 63.1 62.6 108.4 1900........................... 1901 ................ 1902........................... 1903 .................... 1904........................... 5.121 5.048 5.217 5.196 4.795 100.8 99.3 102.7 102.2 94.4 .079 .075 .085 .090 .103 65.7 62.5 7Q.8 75.0 85.4 2.250 2.113 2.133 2.196 1.819 127.1 119.3 120.5 124.0 102.7 2.633 2.365 2.104 2.075 1.906 144.8 130.0 115.7 114.1 104.8 19.980 15.868 22.193 19.916 15.573 117.1 93.0 130.0 116.7 91.2 19.493 15.935 20.674 18.976 13.756 113.8 93.0 120.7 110.8 80.3 18.506 14.719 21.240 19.142 13.625 115.6 91.9 132.7 119.6 85.1 1905............................ 1906 .................. 1907........................... 1908........................ 1909............................ 5.225 6.421 6.705 4.740 4.821 102.8 126.3 131.9 93.3 94.9 .150 .181 .200 . 166 .159 124.7 150.7 166.7 138.3 132.7 1.825 1.931 2.163 1.950 1.869 103.1 109.1 122.1 110.1 105.5 1.896 1.958 2.117 2.100 1.917 104.2 107. 7 116.4 115.5 105.4 17.885 20.983 23.895 17.700 17.806 104.8 122.9 140.0 103.7 104.3 16.359 19.544 22.842 17.070 17.408 95.5 114.1 133.3 99.6 101.6 16.410 19.267 23.869 16.250 16.410 102.5 120.4 149.1 101.5 102.5 1910.......................... 1911........................ 1912........................... 1913........................... 1914........................... 5.061 5.028 5.201 5.082 4.523 99.6 98.9 102.3 100.0 89.0 .165 . 100 .120 .120 .120 137.5 83.3 100.0 100.0 100.0 1.844 1.708 1.706 1.771 1.721 104.1 96.5 96.4 100.0 97.2 1.888 1.804 1.740 1.819 1.679 103.8 99.2 95.6 100.0 92.3 17.362 15.713 16.558 17.068 101.7 92.1 97.0 100.0 87.5 17.193 15.713 15.938 17.133 14.889 100.4 91. 7 93.0 100.0 86.9 15.983 14.519 15.088 16.008 13.903 99.8 90.7 94.2 100.0 86.9 SH.706 12.873 WHOLESALE PRICES, 1890 TO 1920. Rela Average price per tive 100 pounds. price. Pig iron. Locks: common mortise. 5.301 7.598 10.068 8.887 7.266 104.3 149.5 198.1 174.9 143.0 .128 .210 .321 .365 .373 106.9 175.0 267.3 304.2 310.4 1.721 2.625 4.130 4.364 4.863 97.2 148.2 233.2 246.4 274.6 1.746 2.596 3.633 3.600 3.518 96.0 142.7 199.8 197.9 193.4 13.741 19.760 38.904 32.509 27.697 93.4 134.4 264.5 221.1 188.3 15.783 23.888 43.608 36.663 31.132 92.1 139.4 254.5 214.0 181.7 14.873 21.065 41.392 34.460 30.314 92.9 131.6 258.6 215.3 189.4 1920 .............. January... February.. March........ 9.732 9.531 10.031 10.508 191.5 187.6 197.4 206.8 .477 .460 .460 .480 397.2 383.3 383.3 400.0 6.242 5.295 6.295 6.295 352.5 299.0 355.5 355.5 4.187 4.600 4.600 4.100 230.2 252.9 252.9 225.4 42.269 37.750 42.250 41.600 287.4 256.7 287.3 282.9 44. 459 40.400 42.900 43.400 259.5 235.8 250.4 253.3 44.902 40.900 42.900 42.800 280.5 255.5 268.0 267.4 April......... May........... June.......... 10.540 10.213 9.942 207.4 201.0 195.6 .480 .480 .480 400.0 400.0 400.0 6.295 6.295 6.295 355.5 355.5 355.5 4.100 4.100 4.100 225.4 225.4 225.4 42.500 43.250 44.000 289.0 294.1 299.2 43.650 44.025 44.800 254.8 257.0 261.5 44.400 45.650 46.400 277.4 285.2 289.9 July........... August___ September. 9.974 10.606 10.502 196.3 208.7 206.7 .480 .480 .480 400.0 400.0 400.0 6.295 6.434 6.573 355.5 363.3 371.2 4.100 4.350 4.350 225.4 239.2 239.2 45.750 48.100 48.500 311.1 327.1 329.8 47.150 49.112 50.460 275.2 286.7 294.5 46.400 49.912 51.210 289.9 311.8 319.9 October... November. December. 9.294 8.559 7.081 182.9 168.4 139.3 .480 .480 .480 400.0 400.0 400.0 4.350 4.150 3.350 239.2 228.2 184.2 43.750 36.500 33.000 297.5 248.2 224.4 49.210 41.260 36.960 287.2 240.8 215.7 48.460 41.760 37.710 302.7 260.9 235.6 8 No quotation. 165 (2) (2) (2) AVERAGE W H O L E S A L E PRICES OF CO M M O D IT IE S. .............. .............. .............. .............. .............. 1915 1916 1917 1918 1919 400 O 375 350 325 300 275 250 225 200 175 150 125 75 50 Oo r aH <f Nf C i0 -OT }i < aL 0i <a£ >i Da~ a 0 0 ia >a © ai - oi < oM o e 0 o* 3 o' l o0 Co D ot > o0 0o0 5HO 00 05 05 i - H O J C O r f l O C O r ^ O O O_<i ©<m 05 40 1890 TO 1920. 100 •WHOLESALE PRICES, Chart 33. 33a , AVERAGE WHOLESALE PRICES OE COMMODITIES, Ch a r t 168 T able 9 . —AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1920—Continued. Metals and metal products. Pig iron. Year or month. Pipe: cast-iron, 6-inch. Planes: jack planes. Quicksilver. Saws. Crosscut: Disston, No. 2. Foundry No. 2, southern, average price per long ton. Rela tive price. Average price per short ton. Relative price. Bailey No. 5, average price each. Sargent No. 414, average price each. Rela tive price. Average price per pound. Rela tive price. 94.7 94.7 94.7 94.7 91.9 $0.730 .628 .564 .521 .479 No. 8, 26-inch, skewback, average price per dozen. Average price each. Rela tive price. No. 7, 26-inch, average price per dozen. 129.2 111.2 99.9 92.3 84.8 $1,604 1.604 1.604 1.604 1.604 90.0 90.0 90.0 90.0 90.0 $14,400 12.600 12.600 12.600 12.600 111.2 97.3 97.3 97.3 97.3 Rela tive price. 1890............................... 1891............................... 1892............................... 1893............................... 1894............................... $14,500 12.517 11.792 10.635 8.938 102.9 88.8 83.6 75.4 63.4 $1,420 1.420 1.420 1.420 1.378 1895............................... 1896............................... 1897............................... 1898............................... 1899............................... 10.323 9.604 8.802 8.719 15.063 73.2 68.1 62.4 61.8 106.8 1.242 1.230 1.230 1.230 1.230 82.8 82.0 82.0 82.0 82.0 .513 .498 .516 .543 .600 90.8 88.1 91.3 96.0 106.3 1.604 1.604 1.604 1.604 1.604 90.0 90.0 90.0 90.0 90.0 12.600 12.600 12.600 12.600 12.600 97.3 97.3 97.3 97.3 97.3 1900............................... 1901............................... 1902............................... 1903............................... 1904............................... 15.604 12.552 17.604 16.229 11.677 110.7 89.0 124.9 115.1 82.8 1.414 1.460 1.510 1.530 1.530 94.3 97.3 100.7 102.0 102.0 .677 .663 .646 .634 .590 119.8 117.3 114.3 112.2 104.4 1.604 1.604 1.604 1.604 1.604 90.0 90.0 90.0 90.0 90.0 12.600 12.600 12.600 12.600 12.600 97.3 97.3 97.3 97.3 97.3 1905............................... 1906............................... 1907............................... 1908............................... 1909............................... 14.490 16.531 20.988 14.375 14.938 102.8 117.3 148.9 102.0 106.0 1.530 1.710 1.530 1.530 1.530 102.0 114.0 102.0 102.0 102 0 .545 .552 .543 .610 .632 96.4 97.6 96.1 108.0 111.8 1.604 1.604 1.604 1.604 1.604 90.0 90.0 90.0 90.0 90.0 12.600 12.950 12.950 12.950 12.950 97.3 100.0 100.0 100.0 100.0 1910............................... 1911............................... 1912............................... 1913............................... 1914............................... 14.573 12.833 14.240 14.098 103.4 91.0 101.0 1.658 1.540 1.540 110.5 102.7 102.7 100.0 100.0 .649 .660 .589 .565 .666 114.9 116.7 104.3 100.0 117.8 1.604 1.782 1.782 1.782 1.782 90.0 100.0 100.0 100.0 100.0 12.950 12.950 12.950 12.950 100.0 100.0 100.0 100.0 100.0 $14.903 13.390 100.0 89.9 - $23.371 20.898 100.0 89.4 ' $1,540 1.500 1.500 $15.609 15.609 W H O L E S A L E PRICES, 1890 TO 1920. Gray forge, southern, coke, average price per long ton. • Hand: Disston. 13.576 18.671 38. 808 36.526 32.175 91.1 125.3 260.4 245.1 215.9 22.943 31.618 55.369 60.687 57.501 98.2 135.3 236.9 259.7 246.0 1.500 1.800 2.282 2.801 3.435 100.0 120.0 152.1 186.7 229.0 1.183 1.825 1.622 1.802 1.212 209.4 323.0 287.1 318.8 214.4 1.782 2.011 2.785 3.375 3.600 100.0 112.8 156.3 189.4 202.0 15.609 17.503 22.008 25.958 27 637 100.0 112.1 141.0 166.3 177.1 1920..................................................... January...................................... February.................................... March......................................... 44.508 42.350 43.600 43.600 298.7 284.2 292.6 292.6 74.046 67.300 70.300 71.500 316.8 288.0 300.8 305.9 4.420 3.770 4.520 4.520 294.7 251.3 301.3 301.3 1.071 1.163 1.117 1.213 189.6 205.8 197.6 214.7 4.000 4 000 4.000 4.000 224.5 224.5 224.5 224.5 33.000 33.000 33.000 33.000 211.4 211.4 211.4 211.4 April........................................... May............................................. June............................................. 44.100 45.600 45.600 295.9 306.0 306.0 74.300 76.300 76.300 317.9 326.5 326.5 4.520 4.520 4.520 301.3 301.3 301.3 1.373 1.193 1.210 243 1 211.2 214.2 4.000 4.000 4.000 224.5 224.5 224.5 33.000 33.000 33.000 211.4 211.4 211.4 July............................................. August........................................ September.................................. 45.600 45.780 46.500 306.0 307.2 312.0 76.300 76.484 77.220 326.5 327.3 330.4 4.520 4. 520 4.520 301.3 301.3 301.3 1.195 1.110 1.000 211.4 196.5 177.0 4.000 4.000 4.000 224.5 224.5 224.5 33.000 33.000 33.000 211.4 211.4 211.4 October....................................... November........... ....................... December................................... 46.500 42.500 42.500 312.0 285.2 285.2 77.220 77. 220 66. 780 330.4 330.4 285.7 4.520 4.520 4.070 301.3 301.3 271.3 .856 .777 .617 151.5 137.5 109.1 4.000 4.000 4.000 224.5 224. 5 224.5 33.000 33.000 33.000 211.4 211.4 211.4 169 AVERAGE WHOLESALE PRICES OF COMMODITIES. 1915..................................................... 1916..................................................... 1917..................................................... 1918..................................................... 1919..................................................... T able 9 .—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1920—Continued. -5 O Metals and metal products. Steel. Year or month. Shovels: Ames, Silver: bar, fine. No. 2. Billets: Besse mer. Plates: tank. Rails: Besse mer. Rails: openhearth. Sheets: box an nealed, No. 27. Structural. 1890........................... 1891........................... 1892........................... 1893........................... 1894........................... $7.870 7.870 7.870 7.870 7.450 100.6 100.6 100.6 100.6 95.2 $1,053 .990 .876 .782 .640 172.0 161.7 143.0 127.7 104.6 $30.468 25.329 23. 631 20.436 16.578 1895........................... 1896........................... 1897........................... 1898........................... 1899........................... 7.450 7.810 7.930 7.930 8.608 95.2 99.8 101.3 101.3 110.0 .663 .682 .608 .591 .605 108.2 111.4 99.2 96.5 98.8 1900.......................... 1901........................... 1902........................... 1903........................... 1904........................... 9.120 9.120 9.355 8.020 7.653 116.6 116.6 119.6 102.5 97.8 .621 .597 .528 .542 .578 1905........................... 1906........................... 1907........................... 1908........................... 1909........................... 7.620 7.620 7.840 7.822 7.620 97.4 97.4 100.2 100.0 97.4 1910......... *............... 1911........................... 1912........................... 1913........................... 1914........................... 7.738 7.450 7.451 7.825 7.850 98.9 95.2 95.2 100.0 100.3 118.1 98.2 91.6 79.2 64.3 $31,779 29.917 30.000 28.125 24.000 113.5 106.8 107.1 100.4 85.7 $0,024 107.3 18.484 18.833 15.080 15.306 31.117 71.7 73.0 58.5 59.3 120.7 24.333 28.000 18.750 17.625 28.125 86.9 100.0 67.0 62.9 100.4 .024 .022 .020 .019 .027 111.4 98.2 89.0 86.8 121.9 101.4 97.5 86.2 88.5 94.4 25.063 24.131 30.599 27.912 22.179 97.2 93.6 118.7 108.2 86.0 32.288 27.333 28.000 28.000 28.000 115.3 97.6 100.0 100.0 100.0 .029 .032 „029 .026 .021 133.8 143.8 132.9 118.7 95.9 .610 .674 .660 .535 .522 99.6 110.0 107.7 87.4 85.2 24.028 27.448 29. 253 26.313 24.616 93.2 106.4 113.4 102.0 95.5 28.000 28.000 28.000 28.000 28.000 100.0 100.0 100.0 100.0 100.0 .022 .024 .025 .024 .022 101.4 108.2 114. 2 109.6 101.8 .543 .540 .620 .612 .563 88.6 88.2 101.3 100.0 92.0 25.380 21.458 22.378 25.789 20.078 98.4 83.2 86.8 100.0 77.9 28.000 28.000 28.000 28.000 28.000 100.0 100.0 100.0 100.0 100.0 .023 .020 .020 .022 .019 103.7 91.3 89.5 100.0 85.4 $0.015 .012 100.0 78.4 i 1 $30.000 30.000 100.0 100.0 1 $0.016 .013 100.0 82.5 $1.510 1.175 100.0 77.8 WHOLESALE PRICES, 1890 TO 1920. One-fourth Chicago Mill, Average Rela Average Rela Average Rela inch thick, Rela Average Rela Average Rela Average Rela market, Rela Pittsburgh, Rela price per tive price per tive price per tive price per price per tive tive price per tive average tive average tive average tive dozen. price. ounce. price. long ton. price. price per price. long ton. price. long ton. price. pound. price. price per price. price per price. pound. 100 pounds. pound. 6.923 8.314 11.276 13.481 13.267 88.5 106.3 144.1 172.3 169.6 .511 .671 .840 .989 1.126 83.4 109.6 137.2 161.4 183.9 22.441 43.946 69. 856 47.274 40.539 87.0 170.4 270.9 183.3 157.2 .013 .032 .056 .032 .027 85.8 218.9 376.4 218.9 183.1 28.000 31.333 38.000 54. 000 47. 264 100.0 111.9 135.7 192.9 168.8 30.000 33.333 40.000 58.000 49.264 100.0 111.1 133.3 186.7 164.2 .019 .030 .065 .049 .044 85.8 135.2 297.3 225.6 200.0 .015 .028 .043 .032 .028 92.5 176.9 269.4 201.9 174.4 1.279 2. 525 3.738 3.000 2.521 84.7 167.2 247.5 198.6 166.9 1 9 20........................ January............. February.......... March................ 14.160 14.160 14.160 14.160 181.0 181.0 181.0 181.0 1.015 1.344 1.291 1.243 165.7 219.5 210.9 202.9 56.260 48.000 55.250 60.000 218.2 186.1 214.2 232.7 .033 .027 .035 .037 221.6 185.1 236.5 246.6 51. 827 48.750 52.500 52.500 185.1 174.1 187.5 187.5 53.827 50.750 54.500 54. 5§0 179.4 169.2 181.7 181.7 .053 .043 .046 .052 243.8 196.3 207.8 235.2 .032 .027 .029 .033 198.1 170.0 178.1 206.3 2.829 2.450 2.450 2.450 187.3 162.2 162.2 162.2 April.................. May................... June.................. 14.160 14.160 14.160 181.0 181.0 181.0 1.219 1.039 .907 199.0 169.7 148.2 60.000 60.000 60.000 232.7 232.7 232.7 .038 .038 .036 253.4 253.4 239.9 52.500 52.500 52.500 187.5 187.5 187.5 54.500 54.500 54.500 181.7 181.7 181.7 .054 .054 .054 245.7 245.7 245.7 .035 .035 .035 218.8 218.8 218.8 3.225 3.225 3.225 213.5 213.5 213.5 July................... August.............. September........ 14.160 14.160 14.160 181.0 181.0 181.0 .936 .968 .939 152.8 158.0 153.3 62.500 61.000 58.750 242.4 236.5 227.8 .034 .033 .033 228.4 219.6 219.6 52.500 52.500 52.500 187.5 187.5 187.5 54. 500 54.500 54.500 181.7 181.7 181.7 .061 .062 .062 279.9 284.5 281.3 .032 .031 .032 198.8 196.3 200.6 3.100 2.775 2.775 205.2 183.7 183.7 October............. November........ December......... 14.160 14.160 14.160 181.0 181.0 181.0 .847 .788 .655 138.4 128.6 106.9 55.000 49.700 43.500 213.3 192.7 168.7 .031 .028 .027 208.8 189.9 179.1 52.500 52.500 48.500 187.5 187.5 173.2 54.500 54.500 50.500 181.7 181.7 168.3 .056 .053 .043 257.1 242.0 196.3 .032 .031 .028 197.5 191.3 176.9 2.775 2.775 2.725 183.7 183.7 180.4 171 AVERAGE WHOLESALE PRICES OF COMMODITIES. 68648°— 22— Bull. 296- 1915........................... 1916........................... 1917........................... 1918........................... 1919........................... 400 172 375 350 325 300 275 250 225 200 175 150 125 100 75 50 40 WHOLESALE PRICES, 1880 TO 1820. Ch ar t 34, 34a . 400 375 350 325 300) 275 250 225, 200J 175) 150) 125 100; 75 m AVERAGE WHOLESALE PRICES OF COMMODITIES. Chart 40 00 174 T able 9 __ AVERAGE W HOLESALE PRICES OF COMMODITIES, 1890 TO 1920-Continued. Metals and metal products. Tin. Wire: fence. Trowels: brick, 10^-inch. Year or month. Plate: domestic. Pig. Rela tive price. Coke at Coke, f. o.b. New York, Pittsburgh, Rela tive average average price per price per price. 100 pounds. 100 pounds. 1890 1891. 1892 1893 1894 $0,212 .203 .204 .200 .181 1895 1896 1897 1898 .141 .133 .136 .155 .272 31.3 29.6 30.3 34.6 60.6 $3,435 3.182 2.850 4.191 1900. 1901. 1902. 1903. 1904. .301 .262 .265 .282 .280 67.0 58.3 59.0 62.7 62.4 1905. 1906. 1907. 1908. 1909 .313 .392 .388 .294 .296 1910, 1911, 1912, 1913 1914, .342 .427 .463 .449 .351 Barbed, galvanized. 47.3 M .C.O ., average price each. Johnson’s, average price per dozen. Nos. 6 to 9, F. o. b. Chi Rela Firm N o. Firm No. Rela cago, aver Rela f. o. b. Pitts Rela 2, average burgh, aver tive 1, average tive tive tive age price price price age price price. price. price. per 100 price. each. each. per 100 pounds. pounds. $0,340 .340 .340 .340 .340 97.1 97.1 97.1 97.1 97.1 $4.140 4.140 4.255 4.198 4.057 80.0 80.0 82.2 81.1 78.4 $3.567 3.219 2.766 2.519 2.175 154.4 139.4 119.8 109.1 94.2 91.2 84.5 75.6 111.3 .340 .340 .340 .340 .340 97.1 97.1 97.1 97.1 97.1 3.793 3.720 3.500 3.280 3.927 73.3 71.9 67.7 63.3 75.9 2.246 1.963 1.800 1.838 3.170 97.3 85.0 77.9 79.6 137.3 4.678 4.190 4.123 3.940 3.603 124.2 111.3 109.5 104.6 95.6 .340 .340 .340 .340 .340 97.1 97.1 97.1 97.1 97.1 4.268 5.020 5.130 5.177 4.255 82.4 97.0 99.1 100.0 82.2 3.394 3.038 2.954 2.738 2.508 147.0 131.5 127.9 118.5 108.6 69.7 87.4 86.3 65.6 65.9 3.707 3.861 4.090 3.890 3.737 98.5 102.5 108.6 103.3 99.2 .340 .340 .340 .340 .340 97.1 97.1 97.1 97.1 97.1 4.140 4.521 5.750 $4.370 4.370 4.600 80.0 87.3 111.1 111.1 116.9 2.383 2.428 2.634 2.622 2.359 103.2 105.2 114.1 113.5 102.2 76.2 95.2 103.1 100.0 78.3 3.840 3.865 3.657 102.0 102.6 97.1 100.0 94.7 .340 .350 .350 4.485 4.370 4.140 3.935 3.655 114.0 111.1 105.2 100.0 92.9 2.133 2.180 2.134 2.309 2.152 92.3 94.4 92.4 100.0 93.2 45. r 45.4 44.6 40.4 $3,456 3.558 3.369 $4,500 4.500 4.500 Plain, annealed. 97.1 100.0 100.0 100.0 100.0 $1,513 1.373 100.0 90.8 WHOLESALE PRICES, 1890 TO 1920. Average price per pound. Vises: solid box, 50-pound. .376 .433 .594 .852 .655 83.8 9 6 .4 132.3 189.8 146.0 3.242 5.057 8.864 7.727 7.074 91.1 142.1 249.1 217.2 198.8 4.500 4.500 4.875 5.583 6.2 5 0 100.0 100.0 108.3 124.1 138.9 3.749 5.248 7.760 9.048 8.764 9 5 .3 133.4 197.2 229.9 222.7 2.535 3.515 4.527 4.594 4.467 109.8 152.2 196.0 198.9 193.4 1.469 2.417 3 .450 3 .250 3.114 9 7 .1 159.8 228.1 2 14.9 2 05.9 1920........................................... Jan u ary......................... F eb ru a ry...................... M a rch ............................. .503 .637 .603 .621 112.0 141.9 134.4 138.3 7.558 7.000 7.000 7.000 212.4 196.7 196.7 196.7 8.598 6 .250 6.2 5 0 6 .2 5 0 191.1 138.9 138.9 13a 9 9.200 9.200 9.200 9.200 233.8 233.8 233.8 233.8 4.724 4 .7 2 0 . 4 .720 4.720 204.6 204.4 204.4 204.4 3.358 3.250 3.250 3.250 2 22.0 214.9 2 1 4 .9 2 14.9 A p r il............................... M a y ................................. June................................. .623 .556 .490 138.8 123.8 109.1 7.000 7.000 7.000 196.7 196.7 196.7 9 .380 9.380 9.380 208.4 208.4 208.4 9 .200 9.200 9.200 233.8 233.8 233.8 4.720 4 .720 4.720 204.4 204.4 204.4 3.250 3.250 3.250 214.9 214.9 214.9 J u ly ................................. A u g u s t ........................... S e p tem b er................... .491 .4 7 2 .4 4 4 109.3 105.1 9 8 .9 7.500 9.000 9.000 210.8 252.9 252.9 9.380 9.380 9.380 208.4 208.4 208.4 9.200 9.200 9.200 233.8 233.8 233.8 4.720 4.742 4.830 204.4 205.4 209.2 3.531 3.650 3.750 2 3 3 .5 241.3 2 47.9 O ctob er......................... N ov e m b e r.................... D ecem b er.................... .406 .368 .339 9 0 .5 8 2 .0 7 5.5 8.625 7.500 7.000 242.4 210.8 196.7 9.380 9 .3 8 0 9.380 208.4 208.4 208.4 9.200 9 .200 9.200 233.8 2 33.8 233.8 4.830 4.760 4.480 209.2 206.1 194.0 3.375 3.250 3 .250 223.1 2 1 4 .9 2 1 4.9 AVERAGE W HOLESALE PRICES OF COMMODITIES. 1915........................................... 1916........................................... 1917........................................... 1918........................................... 1919........................................... Cn T able 9 .— A V E R A G E W H O L E S A L E PR IC E S O F C O M M O D IT IE S , 1890 TO 1920-Continued. -3 C* Building materials. Metals and metal products. Zinc. W ood screws: 1-inch, No. 10, flat head. Brick, common. Salmon: run of kiln, Chicago. Cement. Red: domestic, New York. Portland: domestic. Average Average Rela pricej>er Rela Average Rela Average Rela Average Rela price per tive tive price per tive price per tive price per tive gross. M. M. price. price. pounds. price. pound. price. price. Average Rela price per tive M. price. New F. o. b. plant, F. o. b.plant, York San near Rela market, Chicago, Francisco, Rela tive tive average average average price. price. price per price per price per barrel. barrel. barrel. Slab. 1890............................... 1891............................... 1892............................... 1893.............................. 1894............................... $0,197 .200 .210 .210 .156 183.3 186.0 195.3 195.3 144.9 $6,054 5.719 5.490 4.994 3.950 83.6 78.9 75.8 68.9 54.5 $0,055 .051 .047 .041 .036 95.0 87.1 79.8 70.3 60.9 $6,563 5.708 5.771 5.833 5.000 100.0 87.0 87.9 88.9 76.2 1895.............................. 1896.............................. 1897............................... 1898............................... 1899.............................. .112 .103 .085 .092 .145 103.9 96.1 79.1 85.4 135.1 4.522 4.940 4.940 5.498 7.004 62.4 68.2 68.2 75.9 96.7 .036 .040 .042 .045 .059 62.1 68.8 72.2 77.7 100.9 5.313 5.063 4.938 5.750 5.688 81.0 77.1 75.2 87.6 86.7 $1,969 2.000 1.967 1.998 2.048 1900............................... 1901............................... 1902.............................. 1903............................... 1904............................... .182 .105 .095 .109 .095 169.3 97.2 88.6 101.7 87.9 6.095 5.558 5.731 6.018 5.609 84.1 76.7 79.1 83.1 77.4 .044 .041 .049 .056 .052 75.8 69.5 83.5 95.7 88.3 5.250 5.766 5.385 5.906 7.495 80.0 87.9 82.1 90.0 114.2 2.158 1.890 1.950 2.029 1.460 1905.............................. 1906.............................. 1907.............................. 1908.............................. 1909.............................. .106 .106 .122 .100 .116 98.1 98.1 113.4 93.0 107.6 6.825 7.173 7.486 6.440 6.643 94.2 99,0 103.3 88.9 91.7 .059 .062 .062 .048 .055 101.5 106.3 105.8 81.5 94.5 8.104 8.547 6.156 5.104 6.385 123.5 130.2 93. 8 77.8 97.3 1.427 1.575 1.646 1.460 1.412 1910.............................. 1911.............................. 1912.............................. 1915.............................. 1914.............................. .149 .100 .120 .108 .078 138.4 93.0 111.6 100.0 72.8 7.019 7.048 7.924 7. 245 6.919 96.9 97.3 109.4 100.0 95.5 .056 .058 .071 .058 .053 96.6 100.2 121.1 100.0 90.4 5.719 5.891 6.760 6.563 5.531 87.1 89. 8 103.0 100.0 84.3 1.448 1.461 1.315 1.580 $4.938 4. 872 100.0 98.7 $7.000 6.750 100.0 96.4 * $1. 011 .922 100.0 91.2 $1.633 1.633 100.0 100.0 W HOLESALE PRICES, 1890 TO 1920. Red: Cincinnati. Sheet. Year or month. .093 .168 .239 .216 .205 8 6 .8 156.6 2 22.5 200.9 190.7 16.158 18.783 18.093 14.238 9.837 223.0 259.3 249.7 196.5 135.8 .1 4 4 .140 .093 .083 .074 246.7 240.7 158.7 141.9 126.9 4 .780 4.783 4.947 7.449 8.947 9 6 .8 9 6 .9 100.2 150.9 181.2 6 .2 5 0 6 .750 8.438 12.938 13.583 89.3 9 6 .4 120.5 184.8 194.0 6.052 8.035 8.885 11.927 15.958 9 2 .2 122.4 1 35.4 181.7 2 43.2 .9 7 1 1.187 1.532 1.665 1.663 9 6 .0 117.5 1 5 1.5 164.7 164.5 1.633 1.633 1.633 2 .100 2 .050 100.0 100.0 100.0 128.6 125.6 1920.................................. Jan uary................ February.............. M arch .................... .252 .216 .238 .238 2 34.4 200.9 221.0 221.0 11.338 11.248 11.500 11.500 156.5 155.3 158.7 158.7 .081 .097 .092 .089 138.6 165.9 157.8 153.0 11.441 9.850 10.270 10.430 231.7 199.5 208.0 211.2 17.467 15.000 15.000 15.000 249.5 214.3 214.3 214.3 21.854 24.000 25.000 25.000 3 33.0 365.7 381.0 381.0 1.802 1.650 1.650 1.650 178.3 163.2 163.2 163.2 2.469 2 .250 2.2 5 0 2.250 151.2 137.8 137.8 137.8 A p r il...................... M a y ........................ June........................ .259 .259 .259 241.1 241.1 241.1 11.500 11.500 11.500 158.7 158.7 158.7 .086 .081 .080 148.2 139.1 136.4 10.920 11.090 11.360 221.1 224.6 230.1 16.000 16.000 18.000 228.6 228.6 257.1 25.000 25.000 25.000 381.0 3 81.0 381.0 1.650 1.742 1.800 163.2 172.3 178.1 2.250 2.500 2 .500 137.8 153.1 153.1 J u ly ........................ A u g u s t .................. Septem ber........... .259 .259 .259 241.1 241.1 241.1 11.500 11.500 11.500 158.7 158.7 158.7 .082 .083 .078 141.2 142.2 133.8 11.880 12.220 12.160 240.6 247.5 246.3 18.600 18.000 19.000 265.7 257.1 271.4 25.000 22.484 15.767 381.0 342.6 240.3 1.800 1.887 1.950 178.1 186.7 192.9 2.500 2.529 2.650 153.1 154.9 162.3 O ctober................. N ovem b e r........... D ecem b er............ .259 .259 .259 241.1 241.1 241.1 11.500 10.733 10.580 158.7 148.2 146.0 .075 .068 .060 129.3 116.0 102.7 12.400 12.310 12.400 251.1 249.3 251.1 19.000 20.000 20.000 271.4 285.7 285.7 16.500 16.500 17.000 251.4 251.4 259.0 1.950 1.950 1.950 192.9 192.9 1 9 2.9 2.650 2.650 2.650 162.3 162.3 162.3 177 AVERAGE W HOLESALE PRICES OF COMMODITIES. 1915.................................. 1916.................................. 1917.................................. 1918.................................. 1919.................................. 178 W HOLESALE PRICES, 1890 TO 1920, Chart 35. AVERAGE WHOLESALE PRICES OP COMMODITIES. Chart 35a . 180 T able 9 .—AVER AG E W HOLESALE PRICES OF COMMODITIES, 1890 TO 1920-Continued. Building materials. Doors: white pine, 2 feet 8 inches by 6 feet 8 inches. Year or month. Western, If inches thick, 5-panel,No.l, O. G. (Buf falo market), average price per door. Western, If inches thick, 5-panel,No.l, 0 . G. (Chi cago market), average price per door. Western, If inches thick, 4-panel, No.2, 0 . G. (Chi cago market), average price per door. Polished, area 3 to 5 square feet. Relative price. Unsilvered, Glazing, average price average price per square, per square foot. foot. Relative price. Polished, area 5 to 10 square feet. Glazing, Unsilvered, average price average price per square per square foot. foot. Relative price. 1890 .................................... 1891...................................... 1892 .................................... 1893...................................... 1894...................................... $1.375 1.250 1.250 1.225 1.050 86.5 78.7 78.7 77.1 66.0 $0,530 .520 .420 .420 .330 183.6 180.1 145. 4 145. 4 114.3 $0,700 .690 .550 .550 .450 179.8 177.2 141.3 141.3 115.6 1895...................................... 1896...................................... 1897 .................................... 1898...................................... 1899...................................... .913 .838 .813 .925 1.292 57.4 52.7 51.1 58.2 81.2 .300 .340 .200 .270 .300 103.9 117. 8 69.3 93. 5 103.9 .480 .540 .320 .430 .480 123.3 138.7 82.2 110.5 123.3 1900...................................... 1901 .................................... 1902 .................................... 1903 .................................... 1904...................................... 1.590 1.891 2.12.1 1.729 1.690 100.0 119.0 133. 4 108. 7 106.3 .340 .320 .258 .363 .228 117.8 110. 8 89.2 125. 5 78. 8 .540 .490 .411 .431 .365 138.7 125.9 105.7 110. 8 93.8 112.3 105.6 115. 2 110.9 112.9 .241 $0,198 .227 .230 .173 .202 83.4 95. 8 97.2 73.2 85.2 .373 .249 .225 .217 .237 .211 105.3 95.1 91.6 100. 0 89.1 1905...................................... 1906...................................... 1907...................................... 1908...................................... 1909...................................... 1910...................................... 1911...................................... 1912...................................... 1913...................................... 1914...................................... $1,740 1.837 1.727 1.884 $1.811 1.744 1.775 1.673 1.603 1.513 $1.338 1.390 1.373 106.4 102. 0 96. 2 100.0 98.7 $0.305 .330 .340 .275 .282 95.8 103.7 106. 8 86.4 88.5 .348 .316 .297 .318 .291 109.2 99.2 93,2 100.0 91.4 W HOLESALE PRICES, 1890 TO 1920. Unmolded, 1£ inches thick (Buf falo market), average price per door. Glass: plate. 78.9 123. 2 143.6 152.4 195.4 ,253 ,338 393 453 583 79.6 106.0 123.3 142.2 183.0 4.371 4.350 4.570 4.790 314.4 312.9 328.8 344.6 ,745 ,620 ,700 720 314.7 261.9 295.7 304.2 ,809 ,750 780 800 254.2 235.6 245.1 251.3 April.. May.., June.. 4.790 4.790 4.790 344.6 341.6 344.6 ,720 ,760 ,760 304.2 321.1 321.1 820 820 820 257.6 257.6 257.6 July........... August — September. 4.640 4.570 4.210 333.8 328.8 302.9 ,760 ,780 ,780 321.1 329.5 329.5 ,820 ,820 ,820 257.6 257.6 257.6 October... November. December. 4.060 3.630 3.260 292.1 261.1 234.5 ,780 ,780 ,780 329.5 329.5 329.5 ,820 ,820 820 257.6 257.6 257.6 1.343 1.373 1.543 1.992 2.719 111.0 1920................. January.. February. March___ 181 AVERAGE WHOLESAIiE PRICES OF COMMODITIES. 143.3 195.6 187 292 340 361 463 96.6 98.7 1915. 1916. 1917. 1918. 1919. T a b le 9 .—AVER AGE W HOLESALE PRICES OF COMMODITIES, 1890 TO 1920—Continued. 00 Building materials. Lath. Glass: window Year or month. American, single, 25-inch, 6 by 8 to 10 by 15 inches. A, average price per 50 sq .ft. Rela tive price. 1890............................ 1891............................ 1892............................ 1893............................ 1894............................ $2.228 2.213 1.994 2.138 1.992 81.9 81.3 73.3 78.6 73.2 91.786 1.770 1.595 1.710 1.633 80.4 79.7 71.8 77.0 73.5 1895............................ 1896............................ 1897............................ 1898............................ 1899............................ 1.599 1.802 2.199 2.643 2.708 58.8 66.3 80. 8 97.2 99.6 1.392 1.600 1.963 2.343 2.399 1900............................ 1901............................ 1902............................ 1903............................ 1904............................ 2.699 4.128 3.219 2.640 2.887 99.2 151. 8 118.3 97.1 106.1 1905............................ 1906............................ 1907............................ 1908............................ 1909............................ 2.764 2.920 2. 813 2.360 2.320 1910............................ 1911............................ 1912............................ 1913............................ 1914............................ 2.930 2.253 2.240 2.720 - $2.274 2. 274 Lime: common. American, single, B, 25-inch, 6 by 8 Eastern to 10 by 15 inches. spruce, V2inch slab. New Ycrk: market, Average average Rela price price tive per per M. price. 50 sq. ft. Rela tive price. Southern yellow pine, No. 1, f. o. b. mill, average price1 per M. RockEast ern, port, average average price per price per barrel. barrel. Douglas fir: N o. 1, common, f. o. b. mill. Rela tive price. $0.979 .913 .929 .929 .848 90.8 84.6 86. 2 86.2 78.6 62.7 72.0 88.4 105.5 108.0 .781 .694 .719 .742 798 72.5 64.3 66.7 68. 8 74.0 2.319 3.282 2. 565 2.160 2.328 104.4 147. 8 115. 5 97.3 104.8 .683 .774 .806 .788 .825 63.4 71. 8 74. 7 73.0 76.5 101.6 107.3 103.4 86.8 85.3 2.137 2.256 2.242 1.881 1.849 93.2 101.6 101.0 84.7 83.3 .891 .947 .949 1.045 1.045 82.6 87. 8 88.0 96.9 96.9 107.7 82. 8 82.4 100.0 100.0 2.338 1.796 1.785 2.221 2.168 105.3 80.9 80.4 100.0 97.6 1.045 1.108 1.085 1.078 1.023 96.9 102. 8 100. 6 100. 0 94.8 | i $4.284 3.904 100.0 91.1 Average price per M feet. $9.208 7.917 Douglas fir: No. 2, and better, drop siding, f. o. b. mill. Rela Average tive * price per price. M feet. 100.0 86.0 $17.333 14.292 Rela tive price. 100.0 82.5 W HOLESALE PRICES, 1890 TO 1920. AA, average price per 50 sq. ft. Lumber. 2.550 3.150 4.123 6.322 6.554 112.1 138.5 181.3 278.0 288.2 2.423 2.494 3.325 5.689 6.226 109.1 112.3 149. 7 256.2 280.4 3.839 4.221 4.938 5.000 6.448 89.6 98.5 115. 3 116.7 150.5 1920 ............... January... February.. March....... 6.900 6.900 6.900 6.900 303.5 303.5 303.5 303.5 6.555 6.555 6.555 6.555 295.2 295.2 295.2 295.2 14.354 17.000 17.000 17.000 April......... May........... June........... 6.900 6.900 6.900 303.5 303.5 303.5 6.555 6.555 6.555 295.2 295.2 295.2 July........... August___ September. 6.900 6.900 6.900 303.5 303.5 303.5 6.555 6.555 6.555 October. . . November. December. 6.900 6.900 6.900 303.5 303.5 303.5 6.555 6.555 6.555 i No relative price computed. 108.2 122.6 153.6 201.6 233.3 7.875 10.375 15.875 18. 250 25.417 85.5 112.7 172.4 198.2 276.0 14.292 18.583 23.917 28.000 39.667 82.5 107.2 138.0 161.5 228.8 335.1 396.8 396.8 396.8 8.988 15.360 17.690 14.830 4.322 3. 525 3.800 3.875 377.3 307.7 331.7 338.2 29.917 37.500 37. 500 37.500 324.9 407.3 407.3 407.3 54.750 71.000 71.000 71.000 315.9 409.6 409.6 409.6 17.000 17.000 16.000 396.8 396.8 373.5 10.960 9.120 6.670 4.100 4.100 4.225 357.9 357.9 368.7 37. 500 37.500 29.500 407.3 407.3 320.4 71.000 66.000 51.000 409.6 380.8 294.2 295.2 295.2 295.2 16.000 16.000 10.500 373.5 373.5 245.1 6.280 6.730 6.400 4.600 4.600 4.600 401.5 401.5 401.5 29.500 29.500 25.500 320.4 320.4 276.9 51.000 56.000 46.000 294.2 323.1 265.4 295.2 295.2 295.2 10.500 9.125 9.125 245.1 213.0 213.0 ' 5.390 4.480 3.950 4.800 4.800 4.800 419.0 419.0 419.0 24.500 16.500 16.500 266.1 179.2 179.2 41.000 31.000 31.000 236.5 178.8 178.8 183 $3. 548 '*5.828 $1,240 1.405 1.760 2.309 2.673 1.167 AVERAGE WHOLESALE PRICES OF COMMODITIES. ............... ............... ............... ............... ............... 1915 1916 1917 1918 1919 184 T able 9 .—AVERAGE W HO LESALE PRICES OF COMMODITIES, 1890 TO 1920-Continued. Building materials. Lumber. Hemlock. Year or month. Maple: hard and soft. Oak: white, plain. Oak: white, quartered. Pine: white, boards, No. 2 barn. Pine: yellow, flooring. 1890...................... $12.583 1891...................... 12.458 1892...................... 12.292 1893...................... 12.000 1894...................... 11.708 51.9 51.4 50.7 49.5 48.3 $26,500 26.500 26.500 26.500 26.500 69.1 69.1 69.1 69.1 69.1 $37,875 38.000 38.458 38.750 37.250 62.5 62.7 63.5 64.0 61.5 $51.458 53.583 53.000 53.000 51.125 58.3 60.7 60.0 60.0 57.9 $16.792 17.000 17.146 18.625 18.167 50.9 51.5 52.0 56.5 55.1 1895...................... 1896...................... 1897...................... 1898...................... 1899...................... 11.146 11.167 11.000 11.750 13.521 46.0 46.1 45.4 48.5 55.8 26.500 26.500 26.500 26.500 26.542 69.1 69.1 69.1 69.1 69.2 36.250 36.250 36.250 36.250 38.958 59.8 59.8 59. 8 59. 8 64.3 53.250 54.500 53. 833 52.500 60.521 60.3 61.7 61.0 59.4 68.5 17.250 16.500 15.833 15.500 18.292 52.3 50.1 48.0 47.0 55.5 1900...................... 1901...................... 1902...................... 1903...................... 1904...................... 16.500 15.000 15.833 16.792 17.000 68.1 61.9 65.4 69.3 70.2 27.500 26.708 28.583 31.667 31.000 71.7 69.6 74.5 82.5 80.8 40.833 36.771 40.875 •44. 833 46.500 67.4 60.7 67.5 74.0 76.7 64.458 59.167 63.083 74.792 80.750 73.0 67.0 71.4 84.7 91.4 21.500 20.875 23.500 24.000 23.000 65.2 63.3 71.3 72.8 69.7 1905...................... 17.875 1906...................... 21. 896 1907................... 22. 250 1908................... 20. 875 1909...................... 20.583 73.8 90. 4 91. 8 86. 2 85.0 30.500 31.000 32.250 31.625 31.000 79.5 80. 8 84.1 82.4 80.8 47.333 50.417 55.208 49.292 48.417 78.1 83.2 91.1 81.4 79.9 80.250 79.167 80.000 80.167 84.333 90.9 89.6 90.6 90.8 95.5 24.167 29.750 $33.250 37.417 36.375 37.104 73.2 90.2 101. 5 98.7 100.7 $43.917 45.833 98. 5 102.8 85.1 85.4 88.6 100. 0 100.7 31.800 34.318 36.455 38.364 38.500 82.9 89. 5 95. 0 100. 0 100.4 54.250 54.682 56.227 60.591 60.042 89.5 90.2 92. 8 100.0 99.1 87.750 87.182 86.500 88.318 88.333 99.4 98.7 97.9 100.0 100.0 38.250 38.346 37.227 36.864 37.500 103.8 104.0 101.0 100.0 101.7 46.300 46.546 44.546 44. 591 42.750 103.8 104.4 99.9 100.0 95.9 1910...................... 1911...................... 1912.................... 1913...................... 1914...................... 20.625 20.682 21. 455 24.227 24.396 W HOLESALE PRICES, 1890 TO 1920, 1 by 10 1 by 10 1 by 8 New New New New Cincin St. Chicago New inches, inches, F. o. b. inches, York Chicago York York York York nati Louis Buffalo New market, market, Buffalo market, Rela mill, market, Rela market, Rela market, York Rela market, Rela market, Rela market, average market, market, average average market, tive average tive average tive price1 average tive tive average average tive average price1 average price. price1 price price. per M price price price. price1 price. price1 average average price. average price price price. per M price per M price1 per M per M per M price per M per M per M per M feet. feet. feet. per M per M per M feet. feet. feet. feet. feet. feet. feet. feet. feet. feet. 1915 1916 1917 1918 1919 ..................... 21.591..................... 89.1 97.2 ........ 23.542 ........ 27.708 114.4 ........ 33.929 140.0 ........ 39.750 164.1 $37.154 38.500 40. 583 49.708 60.125 68.667 100.4 105.8 129.6 156.7 179.0 $46.375 57.682 61.333 66. 292 75.625 102.125 95.2 101.2 109.4 124.8 168.5 $67.240 86.500 86.500 90.000 104.271 156.875 97.9 97.9 101.9 118.1 177.6 $154.206 37.500 37.500 49.125 60.417 63.792 101.7 101.7 133.3 163.9 173.0 $52.578 39.591 39.375 50.909 60.750 78.833 88.8 88.3 114.2 136.2 176.8 $33.763 55.008 233.9 218.8 235.3 235.3 50.769 50.150 54.833 58.000 143.750 125.000 125.000 135.000 374.7 325.8 325. 8 351.9 100.896 82.500 95.000 102.500 204.667 186.000 186.000 230.000 337.8 307.0 307.0 379.6 129.559 127.500 148.125 155.000 296.250 235.000 300.000 315.000 335.4 266.1 339.7 356.7 256.000 276.875 303.333 316.000 89.779 79.000 86.000 88.000 243.5 214.3 233.3 238.7 81.077 70.000 70.750 76.600 145.417 112.000 139.000 139.000 326.1 251.2 311.7 311.7 74.530 94.410 104.880 104.730 April............. 57.000 May.............. 57.000 June.............. 57.000 235.3 235.3 235.3 55.350 53.750 52.750 150.000 150.000 150.000 391.0 391.0 391.0 108.500 117.500 113.750 230.000 230.000 228.500 379.6 379.6 377.1 155.000 155.000 148.500 315.000 315.000 315.000 356.7 356.7 356.7 296.250 295.000 292.500 88.000 91.000 91.000 238.7 246.9 246.9 82.000 82.000 83.600 160.000 160.000 160.000 358.8 358.8 358.8 97.090 86.270 71.440 July............... 57.000 August......... 57.000 September... 57.000 235.3 235.3 235.3 51.750 51.750 51.063 150.000 150.000 150.000 391.0 391.0 391.0 112.500 112.500 109.000 228.500 217.000 185.000 377.1 358.1 305.3 142.500 127. 500 119.500 315.000 315.000 315.000 356.7 356.7 356.7 274.500 251.250 227.500 91.000 91.000 92.750 246.9 246.9 251.6 84.000 84.000 85.200 160.000 157.000 157.000 358.8 352.1 352.1 65.320 66.200 62.220 October........ 57.000 November... 57.000 December. . . 57.000 235.3 235.3 235.3 46.900 43.500 42.300 145.000 145.000 150.000 378.0 378.0 391.0 100.625 85.000 75.500 185.000 175.000 175.000 305.3 288.8 288.8 108.750 82. 500 77.500 315.000 250.000 250.000 356.7 283.1 283.1 200.000 182.500 170.000 92.750 92.750 92.750 251.6 251.6 251.6 86.000 86.000 82.000 152.000 124.500 124.500 340.9 279.2 279.2 52.990 46.600 42.210 1 No relative price computed 185 AVERAGE WHOLESALE PRICES OF COMMODITIES. 56.667 53.000 57.000 57.000 1920 ........ January........ February___ March........... 186 WHOLESALE PKICES, 1890 TO 1920. C h a r t 36. C h a r t 36 a . 6 86 4 3°— 22— B ull. 296- 325 300 275 250 225 200 175 150 125 100 73 50 AVERAGE WHOLESALE PRICES OF COMMODITIES. 40 1916 1916 1919 187 400 875 350 188 T able 9.—AVERAGE W HOLESALE PRICES OF COMMODITIES, 1890 TO 1920-Continued. Building materials. Lumber. Year or month. Poplar. Lead, carbon ate of (white lead): Ameri can, in oil. Spruce. Norfolk, Cincin NewYork NewYork NewYork Va., mar market,, Rela Average market, Rela nati mar market, ket, aver ket, aver average average tive price1per average tive price price. Mfeet. price per price. age price1 price per price per age per M per M Mfeet. M feet. Mfeet. feet. feet. Boston market, Rela average tive price per price. M feet. Linseed oil, raw. Turpentine, spirits of. Zinc, oxide of (zinc white). Aver Aver Aver Aver Rela Rela Rela Rela age age age age tive tive tive tive price price price price per per price. per price. price. price. per pound. gallon. gallon. pound. 1890........................... 1891........................... 1892........................... 1893........................... 1894........................... $20.750 19.958 18.500 18.500 18.500 64.6 62.1 57.5 57.5 57.5 $30.500 30.500 30.604 33.625 31. 750 49.4 49.4 49.6 54.5 51.4 $16.292 14.218 14.854 13.771 12.708 58.5 51.0 53.3 49.4 45.6 $0,064 .065 .066 .061 .052 94.4 96.2 97.3 90.1 77.5 $0,616 .484 .408 .463 .524 133.3 104.8 88.4 100.3 113.4 $0.408 .380 .323 .300 .293 95.3 88.7 75.4 70.2 68.5 $0.043 .042 .043 .041 .037 79.0 77.9 79.2 76.8 69.3 1895........................... 1896........................... 1897........................... 1898........................... 1899........................... 16.917 16.417 16.438 18.625 20.042 52.6 51.1 51.1 58.0 62.4 31.000 31.000 30.667 30.000 34.021 50.2 50.2 49.7 48.6 55.1 14.250 14.250 14.000 13.750 15.396 51.1 51.1 50.2 49.3 55.3 053 .052 .054 .054 .057 77.7 76.5 79.0 80.3 84.0 .524 .368 .328 .393 .427 113.4 79.7 70.9 84.9 92.3 .292 .274 .292 .322 .458 68.3 64.1 68.3 75.3 107.1 .035 .038 .038 .040 .044 65.1 71.2 70.1 73.6 81.4 1900........................... 1901........................... 1902........................... 1903........................... 1904........................... 20.708 19.667 21.000 21.000 21.417 64.4 61. 2 65.3 65.3 66.6 37.688 36.708 42.104 49.646 50.329 61.1 59.5 68. 2 80. 4 81.5 17.375 18.000 19.250 19.188 20.500 62.4 64.6 69.1 68.9 73.6 .063 .058 .054 .062 .059 92.5 85.2 79.7 91.0 87.7 .629 .635 .593 .417 .416 136.2 137.4 128.4 90.2 90.0 .477 .373 .474 .572 .576 111.5 87.1 110.8 133.6 134.5 .045 .044 .044 .046 .046 83.8 81.4 81.8 86.1 86.1 1905.............: ........... 1906........................... 1907........................... 1908........................... 1909........................... 24.917 29.333 30.500 30.500 33.042 77.5 91.3 94.9 94.9 102.8 48.208 50.958 58.083 58.292 57.625 78.1 82.6 94.1 94.4 93.4 21.417 25.542 24.000 20.792 25.250 76.9 91.7 86.0 74.6 90.6 .063 .069 .070 .065 .064 93.6 102.5 103.1 96.2 94.2 .468 .405 .434 .438 .580 101.2 87.6 94.0 94.7 125.5 .628 .665 .634 .453 .491 146.6 155.4 148.3 105.9 114.7 .047 .051 .054 .051 .052 86.4 94.4 100.0 95.4 96.1 WHOLESALE PRICES, 1890 TO 1920. Pine: yellow, siding. Pine: southern yellow, shiplap No. 2, f. o. b. mill. Paint materials. 61.500 61.591 61.500 61.727 60.667 99.6 99.8 99.6 100.0 98.3 24.600 24.273 26.955 27.864 27.417 88.3 87.1 96.7 100.0 98.4 .069 .071 .068 .068 .068 102.4 104.6 100.9 100.0 99.9 .847 .879 .673 .462 .502 183.2 190.3 145.5 100.0 108.6 .683 .679 .470 .428 .473 159.6 158.7 109.9 100.0 110.6 .054 .054 .052 .054 .054 100.0 99.4 95.7 100.0 100.0 $26.917 36.208 42.917 54.500 87.7 99.0 133. 2 157.8 200.5 $26.600 32.660 58.909 60.292 63.458 84.708 110.000 95.4 97. 7 102.8 137.2 178.2 27.000 28.250 35.000 39.625 45.625 .070 .093 .112 .127 .131 103.3 137.1 165.8 188.0 194.1 .562 .751 1.107 1.597 1.769 121.6 162.5 239.5 345.6 382.8 .459 .491 .488 .594 1.210 107.4 114.7 114.0 138.9 282.8 .067 .092 .100 .100 .087 124.0 170.8 186.6 185.5 162.3 1920.................. January... February. March___ 95.750 76.500 76.500 116.500 352.1 281.4 281.4 428.5 38.105 47.080 53.500 52.930 195.636 160.000 (2) 200.000 316.9 259.2 April........ June......... 116.500 116.500 116.500 428.5 428.5 428.5 49.300 44.980 37.160 200.000 200.000 206.000 July.......... August___ September 106.500 96.500 96.500 391.7 354.9 354.9 34.430 35.160 33.230 October... November. December. 96.500 74.500 59.500 354.9 274.0 218.9 27.080 21.630 20.780 30.800 30.591 33.136 32.136 29.625 1915 1916 1917 1918 1919 28.182 31.818 May......... 324.0 105.147 98.750 110.000 112.500 49.811 50.500 52.833 54.000 194.6 197.3 206.4 211.0 .152 .146 .151 .155 225.3 216.0 223.8 229.3 1.459 1.770 1.770 1.803 315.7 383.0 383.0 390.1 1.734 1.885 1.985 2.238 405.3440.5 463.9 522.9 .089 .086 .089 .090 165.4 159.8 165.6 167.3 324.0 324.0 333.7 112.500 112.500 108.500 54.000 54.250 50.900 211.0 212.0 198.9 .155 .155 .155 229.3 229.3 229.3 1.828 1.690 1.653 395.5 365.7 357.6 2.575 2.475 1.868 601.8 578.4 436.6 .090 .090 .090 167.3 167.3 167.3 206.000 212.000 192.000 333.7 343.4 311.0 112.500 105.000 105.000 49.000 49.000 50.000 191.4 191.4 195.3 .155 .155 .155 229.3 229.3 229.3 1.520 1.413 1.215 328.9 305.7 262.9 1.599 1.624 1.473 373.6 379.5 344.1 .090 .090 .090 167.3 167.3 167.3 192.000 192.000 192.000 311.0 311.0 311.0 105.000 90.833 87.000 47.250 44.000 42.000 184.7 171.9 164.0 .155 .149 .141 229.3 220.1 208.0 1.076 .893 .820 232.8 193.1 177.4 1.230 1.098 .790 287.5 256.6 184.6 .090 .088 .085 167.3 162.6 158.0 1 No relative price computed. $62.202 aNo quotation. 189 $41,900 96.9 101.4 125.6 142.2 163.7 AVEKAGE WHOLESALE PKICES OF COMMODITIES. 95.8 95. 2 103.1 100.0 92.2 1910. 19111912. 1913. 1914. 190 T able 9 .—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1920-Continued. Drugs and chemicals. Building materials. Shingles: cypress, 16 inches long. Relative price. Average price per barrel. Relative price. Average price per M. $0.018 .018 .016 .016 .016 152.2 152.2 140.0 139.0 136.5 $1.384 1.474 1.342 1.262 1.251 28.7 30.6 27.9 26.2 26.0 1895............... 1896............... 1897... 1898............... 1899............... .015 .015 .015 .015 .017 126.1 126.1 126.1 126.1 146.1 1.562 1.746 1.613 1.421 1.346 1900............... 1901............... 1902............... 1903................. 1904................... .019 .015 .019 .014 .011 165.2 130.4 167.0 122.6 95.7 1905................... 1906............... 1907... 1908................. 1909............... .011 .012 .012 .012 .012 1910. . 1911............ 1912............ 1913............... 1914............... .012 .012 .012 .012 .012 Year or month. pound. 1890................... 1891.......... 1892.......... 1893___ 1894................... In 1, 2, 3, and 5 pound tins, average price per pound. Tar. Shingles. Rela tive price. White pine, 18 inches long, average price per M. $3,350 3.250 3.150 3.000 2.800 94.6 91.8 88.9 84.7 79.1 32.4 36.2 33.5 29.5 27.9 2.650 2.500 2.350 2.5002.663 1.602 1.530 1.613 2.216 2.833 33.3 31.8 33^5 46.0 58.8 94.8 103.5 104.3 104.3 104.3 3.423 4.015 4.377 3.282 3.500 100.0 100.0 100.0 100.0 100.0 5.233 6. 717 6.642 4.817 4.017 Michigan white pine, 16 inches long, average price per M. Red cedar, 16 inches long, average price per M. Acid: acetic, 28°. Rela tive price. Average price per barrel. Rela tive price. $3,842 4.000 3.906 3.850 3.750 73.4 76.4 74.6 73.5 71.7 $1.475 1.583 1.300 1.046 1.092 66.3 71.2 58.4 47.0 49.1 74.8 70.6 66.4 70.6 75.1 3.700 3.613 3.542 3.552 3.679 70.7 69.0 67.7 67.8 70.3 1.142 1.013 1.054 1.098 1.246 51.3 45.5 47.4 49.3 56.0 2.850 2.850 2.671 2.567 2.600 80.5 80.5 75.4 72.5 73.4 4.000 4.188 76.4 80.0 87.9 89.5 87.6 1.363 1.282. 1.325 1.679 1.679 61.2 57.6 59.6 75.5 75.5 71.1 83.3 90.9 68.1 72.7 2.725 3.242 4.225 3.538 3.267 76.9 91.5 119.3 99.9 92.2 $1.688 2.213 2.696 2.013 2.004 85.8 112.5 137.1 102.3 101.9 1.758 1.958 2.329 1.600 1.638 79.0 88.0 104.7 71.9 73.6 108.6 139.4 137.9 100.0 83.4 3.492 3.608 3.483 3.542 3.329 98.6 101.9 98.4 100.0 94.0 2.008 1.813 1.939 1.967 1.713 102.1 92.2 98.6 100.0 87.1 2.254 2.125 2.000 2.225 2.188 101.3 95.5 89.9 $3,263 3.588 3.650 3.575 3.500 100. 0 98.3 Average Relative price per • pnce. pound. $0.019 .016 100. 0 80.4 WHOLESALE PRICES, 1890 TO 1920. Rosin: common to good, strained. Putty. 100.0 122.6 150.9 176.2 175.8 3.767 5.800 6.392 10.584 15.201 78.2 120.4 132.7 219.7 315.6 3.067 3.4464.054 5.425 6.039 86.6 97.3 114.5 153.2 170.5 1.664 1.910 2.818 2.794 4.488 84.6 97.1 143.3 142.1 228.2 - 1.733 2. 254 3.192 3.677 4.452 77.9 101.3 143.4 165.3 200.1 .024 .060 .052 .056 .030 125.8 309.3 267.5 290.7 155.2 1920............................ January............. February........... March................ .055 .060 .060 .060 207.5 226.4 226.4 226.4 15.278 18.588 18.125 18.080 317.2 385.9 376.3 375.4 8.067 8.400 8.400 8.400 227.8 237.2 237.2 237.2 4.723 6.570 6.820 6.080 240.2 334.1 346.8 309.1 5.123 5.000 5.000 5.000 230.3 224.7 224.7 224.7 .034 .028 .028 .028 174.7 141.8 141.8 141.8 April.................. May.................... June................... .060 .053 .053 226.4 198.1 198.1 18.500 19.750 16.700 384.1 410.0 346.7 8.400 7.900 7.900 237.2 223.1 223.1 5.720 4.990 4.190 290.8 253.7 213.0 5.000 5.375 5.500 224.7 241.6 247.2 .036 .038 .038 187.1 193.3 193.3 July.................... August.............. September......... .053 .053 .053 198.1 198.1 198.1 12.413 13.900 13.713 257.7 288.6 284.7 7.900 7.900 7.900 223.1 223.1 223.1 4.570 4.960 3.880 232.4 252.2 197.3 7.875 5.150 4.750 353.9 231.5 213.5 .038 .038 .038 193.3 193.3 193.3 October............. November......... December......... .053 .053 .053 198.1 198.1 198.1 12. 825 11.830 9.063 266.3 245.6 188.1 7.900 7.900 7.900 223.1 223.1 223.1 3.220 3.090 2.590 163.7 157.1 131.7 4.125 4.432 4.375 185.4 199.2 196.6 .038 .035 .028 193.3 180.4 141.8 191 .012 AVEEAGE WHOLESALE PEICES OF COMMODITIES. $0.027 .033 .040 .047 .047 1915........................... 1916............................ 1917............................ 1918............................ 1919............................ 192 T able 9 .—AVERAGE W HOLESALE PRICES OF COMMODITIES, 1890 TO 1920—Continued. Chemicals and drugs. Acid. Alcohol. Alum: lump. Year or month. Muriatic, 20°. Rela tive price. 1890......................................... 1891......................................... 1892......................................... 1893......................................... 1894......................................... $0.010 .010 .012 .010 .009 1895......................................... 1896...................................... 1897.................................. 1898...................................... 1899...................................... Average Rela price per tive pound. price. Sulphuric, 66°. Wood: refined, 95 per cent. Grain. Average price per pound. Rela tive price. Average price per gallon. Rela tive price. Average price per gallon. Rela tive price. Average price per pound. Rela tive price. 80.0 75.4 93.1 77.7 67.7 $0,009 .008 .010 .009 .007 88.0 81.0 95.0 85.0 73.0 $2.072 2.215 2.142 2.181 2.152 82.9 88.7 85.7 87.3 86.1 $1.138 1.160 1.297 1.292 .720 237.8 242.5 271.2 270.1 150.5 $0.018 .016 •.016 .017 .017 104.0 90.3 91.4 99.4 96.6 .008 .008 .011 .013 .014 63.8 57.7 83.8 98.5 103.8 .007 .007 .010 .011 .012 70.0 70.0 95.0 113.0 120.0 2.329 2.301 2.277 2.325 2.412 93.2 92.1 91.1 93.0 96.5 .867 .850 .694 .750 .771 181.2 177.7 145.1 156.8 161.2 .016 .016 .017 .017 .017 91.4 93.7 94.9 94.3 96.0 1900 ....................................... 1901 ............................. 1902 ......................... 1903 ........................... 1904 ................................ .014 .015 .017 .016 .016 103.8 115.4 129.2 123.1 123.1 .012 .013 .013 .013 .013 120.0 125.0 130.0 127.0 129.0 2.387 2.458 2.406 2.396 2.433 95.5 98.4 96.3 95.9 97.3 .800 .613 .642 .592 .588 167.3 128.1 134.2 123.7 122.8 .018 .018 .018 .017 .018 100.0 100.0 100.0 98.9 100.0 1905 ................................ 1906 ............................. 1907................ .016* .014 .014 .014 .013 123.1 103.8 103.8 103.8 103.1 .012 .010 .010 .010 .010 124.0 100.0 100.0 102.0 100.0 2.428 2.464 2.523 2.637 2.618 97.1 98.6 100.9 105.5 104.7 .675 .700 .399 .428 .500 141.1 146.3 83.5 89.4 104.5 .018 .018 .018 .018 .018 100.0 100.0 100.0 100.0 100.0 .013 .013 .013 .013 .013 100.0 100.0 100.0 100.0 100.0 .010 .010 .010 .010 .010 100.0 100.0 100.0 100.0 100.0 2.553 2.535 2.569 2.499 2.553 102.1 101.4 102.8 100.0 102.1 .500 .500 .500 .478 .450 104.5 104.5 104.5 100.0 94.1 .018 .018 .018 .018 .020 100.0 100.0 100.0 100.0 113.1 1908 1909 1910 1911 1912 1913......................................... 1914......................................... $0.049 .049 100.0 100.0 Ammonia: an hydrous. Borax: crystals. Average price per pound. Relar tive price. Average price per pound. $0,250 .250 100.0 100.0 $0.038 .038 Rela tive price. 100.0 100.0 WHOLESALE PRICES, 1890 TO 1920. Average price per pound. Nitric, 42°. .016 .025 .018 .023 .016 123.8 189.2 134.6 174.6 123.1 .066 .078 .077 .087 .075 134.8 159.6 157.6 178.9 153.5 .013 .020 .017 .016 .010 129.0 200.0 169.0 163.0 95.0 2.562 2.663 3.775 4.959 4.857 102.5 106.6 151.0 198.4 194.3 .458 .671 1.046 1.015 1.273 95.8 140.2 218.6 212.1 266.2 .030 .041 .042 .046 .041 170.3 233.1 240.6 262.9 234.9 .250 .250 .254 .385 .303 100.0 100.0 101.7 154.1 121.1 .047 .065 .072 .073 .073 124.5 174.4 191.7 193.3 194.7 1920......................................... January........................... February........................ March.............................. .021 .018 .018 .018 160.0 134.6 134.6 134.6 .076 .071 .070 .070 155.7 145.5 143.4 143.4 .011 .011 .011 .012 112.0 110.0 110.0 118.0 5.289 5.050 5.150 5.150 211.6 202.1 206.1 206.1 2.557 1.520 1.975 2.350 534.5 317.8 412.9 491.3 .045 .040 .040 .040 256.0 228.6 228.6 228.6 .336 .330 .330 .330 134.2 132.0 132.0 132.0 .082 .082 .083 .083 219.2 217.3 220.0 220.0 April................................ May................................. June................................. .019 .023 .023 144.6 173.1 173.1 .075 .075 .078 153.7 153.7 158.8 .012 .012 .012 120.0 120.0 120.0 5.150 (2) (2) 206.1 2.650 2.650 3.100 554.0 554.0 658.1 .040 .041 .045 228.6 234.3 257.1 .330 .338 .335 132.0 135.2 134.0 .083 .083 .083 220.0 220.0 220.0 July................................. August............................ September...................... .023 .023 .023 173.1 173.1 173.1 .079 .080 .080 160.9 163.9 163.9 .011 .011 .011 114.0 109.0 110.0 (2) (2) 5.650 226.1 3.250 3.250 3.250 679.5 679.5 679.5 .047 .050 .050 268.6 285.7 285.7 .330 .340 .350 132.0 136.0 140.0 .083 .083 .083 220.0 220.0 220.0 October........................... November...................... December....................... .023 .023 .020 173.1 173.1 153.1 .080 .080 .075 163.9 163.9 153.7 .011 .011 .009 110.0 108.0 93.0 5.650 5.650 5.100 226.1 226.1 204.1 2.920 1.900 1.838 610.5 397.2 384.2 .050 .050 .046 285.7 282.9 262.9 .350 .350 .313 140.0 140.0 125.0 .083 .083 .080 220.0 220.0 213.3 3 No quotation. 19 3 AVERAGE WHOLESALE PRICES OP COMMODITIES. 1915......................................... 1916......................................... 1917......................................... 1918......................................... 1919......................................... 194 WHOLESALE PRICES, 1890 TO 1920. C h a r t 37. Chart 37a . 325 300 275 250 225 200 175 150 125 100 U AVERAGE WHOLESALE PRICES OE COMMODITIES. 400 375 350 50 1913 1914 1915 1916 1917 1918 1919 1920 195 40 38, zo 400 375 350 O 325 300 275 250 225 200 175, 150, 125 10® 75 50 40 © 1 —l < M C 0 r J i i 0 < X > t ' 0 0 0 5 O r H 0 q C 0 ' ^ i t 0 t 0 t > « 0 0 © © oo © © © © © © © © © © © © © © © © © © © 0 5 O T - 1 < M 0 0 ^ } ' l O c r > l > * 0 0 0 5 O i - < © rl<M © W HOLESALE PRICES, 1890 TO 1920. Chart Chart 38a . 400 375 350 325 300 275 (Average price In 1913 = 100*) 200 175 150 125 100 75 50 «% 197 250 225 AVERAGE WHOLESALE PRICES OF COMMODITIES. ACID1SULPHURIC-. 198 T able 9 .—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1920—Continued. Chemicals and drugs. Soda. Year or month. Copper sulphate Opium: natural (blue vitriol), 99 Glycerin: refined. in cases. per cent crystals. Quinine: manu facturers’ quo tations. Rela tive price. Average price per pound. Rela tive price. Average price per ounce. Rela tive price. 1890......................................... 1891......................................... 1892......................................... 1893......................................... 1894......................................... $0.177 . 154 .140 .135 . 119 89.7 78.0 70.8 68.3 60.6 $2.621 1.944 1.671 2.392 2.285 43.6 32.3 27.8 39.8 38.0 $0.328 .251 .218 .215 .262 149.1 114.2 99.4 97.9 119.4 1895......................................... 1896......................................... 1897......................................... 1898......................................... 1899......................................... . 120 . 167 . 131 . 124 .133 61.1 84.8 66.4 62.8 67.4 1.841 2.092 2.342 3.342 3.073 30.6 34.8 38.9 55.5 51.1 .251 .241 .183 .215 .298 114.2 109.6 83.3 97.7 135.5 1900......................................... 1901......................................... 1902......................................... 1903......................................... 1904......................................... .152 . 150 . 144 . 145 . 140 76.9 76.3 73.3 73.4 70.8 3.200 3.229 2.831 3.081 2.750 .53.2 53.7 47.1 51.2 45.7 .333 .303 .258 .253 .233 151.4 137.7 117.3 115.0 106.2 1905......................................... 1906......................................... 1907......................................... 1908......................................... 1909......................................... . 124 .113 . 138 .149 . 170 62.8 57.3 70.2 75.7 86.3 3.033 2.950 4.946 4.715 4.610 50.4 49.0 82.2 78.4 76.6 .210 .166 .178 .157 .141 95.6 75.5 80.8 71.4 64.1 1910....................................... 1911......................................... 1912......................................... 1913......................................... 1914......................................... .214 .227 .184 .197 . 215 108. 7 115.1 93.5 100.0 109.0 5.371 6.433 7.117 6.017 7.355 89.3 106.9 118.3 100.0 122.2 .140 .140 .177 .220 .273 63.8 63.8 80.5 100.0 124.1 $0,052 .046 Rela tive price. 100.0 88.9 Average Rela price per tive 100 pounds. 'price. $0,600 .600 100.0 100.0 Caustic, 76 and 78 per cent solid. Nitrate of (Chile saltpeter), 95 per cent. Soda ash, light, 58 per cent. Average price per pound. Rela tive price. Average price per 100 pounds. Rela tive price. Average price per 100 pounds. $0.015 .014 100.0 97.9 $2,469 2.110 100.0 85.5 $0,583 .575 Rela tive I>rice. 100.1 98.1 W HOLESALE PRICES, 1890 TO 1920. Average price per pound. Average price per pound. Carbonate of (sal soda). .064 .134 .098 .093 .082 123.4 256.2 187.9 178.9 156.6 .296 .508 .611 .598 .197 150.2 257.7 310.1 303.4 100.1 8.092 11.338 25.583 24.413 11.264 134.5 188.4 425.2 405.8 187.2 .328 .683 .717 .842 .829 149.5 311.2 326.4 383.6 377.4 .600 1.046 1.117 1.371 1.437 100.0 174.3 186.1 228.5 239.4 .031 .048 .064 .045 .031 214.4 331.5 436.3 305.5 211.6 2.404 3.164 4.029 4.697 3.551 97.4 128.2 163.2 190.3 143.9 .694 3.052 3.058 2.674 2.011 118.9 523.2 524.3 458.4 344.7 1920......................................... January........................... February........................ March.............................. .079 .083 .083 .083 151.2 158.4 158.4 158.4 .255 .248 .245 .235 129.6 125.8 124.3 119.2 7.219 6.750 6.663 6.250 120.0 112.2 110.7 103.9 .865 .900 .900 .900 394.1 409.8 409.8 409.8 1.737 1.350 1.350 1.475 289.4 225.0 225.0 245.8 .053 .045 .048 .062 361.6 308.2 325.3 421.9 3.507 3.170 3.700 3.850 142.0 128.4 149.9 155.9 3.300 2.340 2.575 3.225 565.8 401.2 440.6 552.9 April............................... May................................. June................................ .083 .081 .080 158.4 155.5 153.6 .235 .259 .280 119.2 131.4 142.1 6.875 7.500 7.500 114.3 124.7 124.7 .900 .900 .900 409.8 409.8 409.8 1.600 1.600 1.725 266.7 266.7 287.5 .069 .066 .064 471.2 453.4 437.7 3.900 3.850 3.825 158.0 155.9 154.9 3.850 4.160 3.900 660.0 713.2 668.6 July................................. August............................ September...................... .081 .083 .083 155.5 158.4 158.4 .283 .285 .285 143.6 144.6 144.6 7.500 7.500 7.500 124.7 124.7 124.7 .900 .900 .900 409.8 409.8 409.8 1.850 1.925 2.000 308.3 320.8 333.3 .060 .057 .045 412.3 389.7 304.8 3.850 3.713 3.475 155.9 150.4 140.8 3.900 3.750 3.175 668.6 642.9 544.3 October........................... November...................... December....................... .076 .070 .062 144.9 134.4 118.8 .268 .230 .203 136.0 116.7 102.7 7.500 7.500 7.500 124.7 124.7 124.7 .840 .725 .700 382.5 330.1 318.8 2.000 2.000 2.000 333.3 333.3 333.3 .042 .041 .036 284.9 280.1 247.3 3.060 2.900 2.813 123.9 117.5 113.9 3.000 3.000 2.675 514.3 514.3 458.6 19 9 AVERAGE WHOLESALE PRICES OF COMMODITIES. 1915......................................... 1916......................................... 1917......................................... 1918......................................... 1919......................................... Chemicals and drugs. House-furnishing goods. Earthenware. Sulphur (brim stone): stick, crude. 200 T able 9 .—AVER AGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1920—Continued. Plates: white granite. Furniture. Teacups and saucers: white granite. Bedroom sets. Chairs. 96.1 130.0 109.8 85.1 75.4 $0,489 .479 .464 .464 .457 105.5 103.3 100.2 100.2 $3,760 3.682 3.572 3.572 3.525 110.0 107.7 104.5 104.5 103.1 $12,000 12.000 12.000 1895. 1896. 1897. 1898. 1899. 15.625 17.958 20.125 22.917 21.125 71.0 81.6 91.5 104.2 96.0 .416 .399 .399 .452 .461 89.8 86.1 86.1 97.5 99.4 3.237 3.091 3.091 3 360 3.403 1900 1901. 1902, 1903 1904 21.146 22.000 23.438 22.333 21.775 100.0 96.1 .484 .510 .510 .499 104.5 110.0 110.0 107.7 106.7 1905 1906 1907. 1908. 1909. 21.267 22.156 21.498 21.792 22.000 96.7 100.7 97.7 99.1 .459 .459 .459 .459 459 99.0 99.0 99.0 99.0 99.0 106.5 101.5 99.0 100.0 Oak rocker, in Chicago, average price per dozen. Quar tered oak rocker, in Rela Chicago, tive average price. price per chair. 11.000 11.000 51.8 51.8 51.8 47.4 47.4 $7,000 7.000 6.850 6.850 6.000 66.7 66.7 65.2 65.2 57.1 94.7 90.4 90.4 98.2 99.5 9.950 8.750 8.750 10.000 10.100 42.9 37.7 37.7 43.1 43.6 6.000 6.000 5.000 5.125 6.125 57.1 57.1 47.6 48.8 58.3 3.575 3.763 3.763 3.683 3.650 104.6 110.1 110.1 107.7 106.8 11.250 11.250 11.750 12.167 12.250 48.5 48.5 50.6 52.4 52.8 8.000 7.000 7.333 7.917 8.000 76.2 66.7 69.8 75.4 76.2 3.387 3.387 3.387 3.897 3.387 99.0 99.0 99.0 114.7 99.0 12.354 12.958 14.500 53.3 55.9 62.5 61.1 60.4 8.000 8.917 10.000 9.417 9.000 76.2 84.9 95.2 89.7 85.7 $11.250 11.000 10.875 1920. $21.146 28.604 24.146 18.729 16.583 Bedroom. TO 1890. 1891. 1892. 1893. 1894. Iron Iron bedstead, bedstead, quartered oak plain oak Maple, and Rela cane seat, dresser and dresser plain oak tive washstand, washstand, price. in New York, in Chicago, in Chicago, average average price average price per set. price per per set. dozen. PRICES, 1890 Average Iron price per Average Ash, in bedstead, (6 price per Rela New Average Rela hardwood Rela gross dozen dozen price per tive price per York, dresser and tive cups and cups and tive long average washstand, price. dozen. price. 6 dozen dozen price. price ton. per in New York, saucers). saucers. set. average price per set. WHOLESALE Year or month. 22.000 22.000 22.000 22.000 22.000 100.0 100.0 100.0 100.0 100.0 .462 .462 .462 .463 .463 99.7 99.7 99.7 100.0 100.0 1915........................... 1916'.. ....................... 1917........................... 1918........................... 1919........................... 22.000 31.333 43.333 32.290 28.000 100.0 142.4 197.0 146.8 127.3 .463 .484 .718 .928 1.065 1920........................... January............. February ........ March................ 23.846 28.000 28.000 28.000 108.4 127.3 127.3 127.3 April.................. May.................... June.................. 28.000 28.000 26.000 July................... August.............. Septem ber..... October............. November __ December......... $0,569 .570 .570 99.8 99.8 99.8 100.0 100.0 100.0 104.6 155.0 200.2 229.9 .570 .596 .892 1.193 1.369 100.0 104.6 156.4 209.1 240.1 1.283 1.120 1.260 1.260 277.0 241.7 272.0 272.0 1.650 1.440 1.620 1.620 289.4 252.5 284.1 284.1 127.3 127.3 118.2 1.260 1.260 1.260 272.0 272.0 272.0 1.620 1.620 1.620 20.000 20.000 20.000 90.9 90.9 90.9 1.260 1.260 1.260 272.0 272.0 272.0 20.000 20.000 20.000 90.9 90.9 90.9 1.400 1.400 1.400 302.2 302.2 302.2 11.875 13.750 15.250 18.000 66.0 76.4 84.7 9.000 9.000 9.500 10.500 85.7 90.5 100.0 100.0 $16,415 15.925 100.0 97.0 $10,780 10.780 15.925 19.608 23.046 31.838 39.568 $45,754 97.0 119.5 140.4 194.0 241.0 10.780 12.413 15.680 19.518 22.890 $4,350 212.3 68.143 64.827 64.827 64.827 358.8 341.5 341.5 341.5 6.558 5.635 5.635 5.635 320.1 274.9 274.9 274.9 284.1 284.1 284.1 64.827 64.827 71.442 341.5 341.5 376.2 6.370 6.370 7.105 310.8 310.8 346.7 1.620 1.620 1.620 284.1 284.1 284.1 71.442 71.442 71.442 376.2 376.2 376.2 7.105 7.105 7.105 346.7 346.7 346.7 1.800 1.800 1.800 315.7 315.7 315.7 71.442 71.442 64.925 376.2 376.2 342.0 7.105 7.105 6.419 346.7 346.7 313.4 100.0 115.2 145.5 181.1 201 3.413 3.413 3.413 AVERAGE WHOLESALE PRICES OF COMMODITIES. 1910........................... 1911........................... 1912........................... 1913........................... 1914........................... 202 Table 9 .—AVERAGE W HOLESALE PRICES OF COMMODITIES, 1890 TO 1920—Continued. House-furnishing goods. Glassware. Furniture. Chairs: kitchen. Table cutlery. Nappies: 4-inch. Pitchers: ^-gallon, Tumblers: H>int, common. common. Rela tive price. Average price per dozen. Rela tive price. Average price per dozen. Rela tive price. Average price per dozen. Rela tive price. Average price per pair. Rela tive price. Average price per gross. Tables: kitchen. Carvers: stag handles. Knives and forks: cocobolo handles. Common Hardwood, spindle, bow back, in Rela in New Chicago, York, tive average price. average price per price per dozen. dozen. 3^-foot, in New York, average price per dozen. Hardwood base, 24 by 42 inches, in Chicago, average price per table. Rela tive price. 1890.............................. 1891.............................. 1892.............................. 1893.............................. 1894.............................. $4,200 4.200 4.250 4.250 3.500 70.0 70.0 70.8 70.8 58.3 $15,000 15.000 15.000 15.000 14.250 65.8 65.8 65.8 65.8 62.5 $0,120 .120 .120 .120 .120 109.1 109.1 109.1 109.1 109.1 $1,250 1.250 1.250 1.250 1.250 156.3 156.3 156.3 156.3 156.3 $0.180 .200 .190 .190 .190 150.0 166.7 158.3 158.3 158.3 $0,800 .800 .800 .950 .800 106.7 106.7 106.7 126.7 106.7 $7,750 7.750 6.850 5.500 5.500 134.8 134.8 119.1 95.7 95.7 1895.............................. 1896.............................. 1897.............................. 1898. 1899............................. 3.500 3.500 3.500 3.313 4.042 58.3 58.3 58.3 55.2 67.4 14.250 13.800 13.800 13.800 14.450 62.5 60.5 60.5 60.5 63.4 .120 .100 .100 .100 .100 109.1 90.9 90.9 90.9 90.9 1.250 1.250 1.000 1.000 1.000 156.3 156.3 125.0 125.0 125.0 .185 .180 .170 .160 .130 154.2 150.0 141.7 133.3 108.3 .800 .800 .750 .750 .750 106.7 106.7 100.0 100.0 100.0 5.500 5.500 5.000 5.500 5.750 95.7 95.7 87.0 95.7 100.0 1900.................... 1901.............................. 1902.............................. 1903.............................. 1904.............................. 5.208 4.750 4.917 5.000 4.771 86.8 79.2 81.9 83.3 79.5 15.600 15.600 15.600 15.600 15.600 68.4 68.4 68.4 68.4 68.4 .100 .140 .140 .140 .140 90.9 127.3 127.3 127.3 127.3 1.000 1.300 1.300 1.300 1.150 125.0 162.5 162.5 162.5 143. 8 .180 .180 .185 .177 .160 150.0 150.0 154.2 147. 2 133.3 .750 .750 .750 .750 .750 100.0 100.0 100.0 100.0 100.0 5.750 6.500 6.500 6.500 6.667 100.0 113.0 113.0 113.0 115.9 1905.............................. 1906.............................. 1907.............................. 1908.............................. 1909.............................. 4.750 5.125 5.792 6.000 5.583 79.2 85.4 96.5 100.0 93.1 15.600 16.500 18.000 18.000 18.000 68.4 72.4 78.9 78.9 78.9 .140 .140 .140 .122 .117 127.3 127.3 127.3 110.9 106.4 1.050 1.050 1.050 .963 .996 131.3 131.3 13L3 12(5.4 124.5 .150 .150 .150 .133 .134 125.0 125.0 125.0 110.4 111.8 .750 .750 .800 .750 .750 100.0 100.0 106.7 100.0 100.0 6.688 6.050 6.483 5.417 5.000 116.3 105.2 112.8 94.2 87.0 WHOLESALE PRICES, 1890 TO 1920. Year or month. 5.500 5.750 6.000 6.000 20.000 21.000 22.800 22.800 $i. 421 1.421 87.7 92.1 100.0 100.0 100.0 .113 .110 .110 .110 .120 102.7 100.0 100.0 100.0 109.1 .942 .800 .800 .800 .900 117.8 100.0 100.0 100.0 112.5 . 120 .110 .110 .120 .120 100.0 9#. 7 91.7 100.0 100.0 .750 .750 .750 .750 .767 100.0 100.0 100.0 100.0 102.2 5.000 5.000 5.292 5.750 5. 813 87.0 87.0 92.0 100.0 101.1 $6,370 6.370 91.7 95.8 100.0 100.0 100.0 1915 1916 1917 1918 1919 6.370 7.003 8.759 11.662 13.704 100.0 109.9 137.5 183.1 215.1 1.421 1.527 1.887 2.736 3.695 100.0 107.5 132.8 192.5 260.1 .135 .161 .208 .250 .275 122.7 146.6 188.6 227.3 250.0 .850 1.000 1.254 1.444 1.595 106.3 125.0 156.8 180.5 199.4 .110 .125 .220 .'314 .328 91.7 104.2 183.3 261.8 272.9 .750 .858 1.033 1.150 1.242 100.0 114.4 137.8 153.3 165.6 5.750 6.875 10.083 12.333 13.308 100.0 119.6 175.4 214.5 231.4 1920................ January.. February March__ 22.932 20.580 20.580 20.580 360.0 323.1 323.1 323.1 5.239 5.047 5.047 5.047 368.7 355.2 355.2 355.2 .314 .275 .275 .275 285.8 250.0 250.0 250.0 1.897 1.595 1.595 1.595 237.1 199.4 199.4 199.4 .320 .320 .320 .320 266.7 266.7 266.7 266.7 1.550 1.450 1.450 1.450 206.7 193.3 193.3 193.3 14.737 14.000 14.000 14.000 256.3 243.5 243.5 243.5 April......... May.......... June......... 20.580 24.696 24.696 323.1 387.7 387.7 355.2 5.047 362.1 5.145 5.292 . 372.4 .275 .303 .303 250.0 275.0 275.0 1.595 1.760 1.760 199.4 220.0 220.0 .320 .320 .320 266.7 266.7 266.7 1.450 1.600 1.600 193.3 213.3 213.3 14.000 14.500 14.500 243.5 252.2 252.2 July.......... August___ September 24.696 24.696 24.696 387.7 387.7 387.7 5.292 5.292 5.292 372.4 372.4 372.4 .303 .325 .360 275.0 295.5 327.3 1.760 1.900 2.300 220.0 237.5 287.5 .320 .320 .320 266.7 266.7 266.7 1.600 1.600 1.600 213.3 213.3 213.3 14.500 15.500 15.500 252.2 269.6 269.6 October... November. December. 24.696 22.344 22.344 387.7 350.8 350.8 5.292 5.537 5.537 372.4 389.7 389.7 .360 .360 .360 327.3 327.3 327.3 2.300 2.300 2.300 287.5 287.5 287.5 .320 .320 .320 266.7 266.7 266.7 1.600 1.600 1.600 213.3 213.3 213.3 15.500 15.500 15.339 269.6 269.6 266.8 203 AVEBAGE WHOLESALE PBICES OE COMMODITIES. 66643°— 22— Bull, 296iM 1910 1911 1912 1913 1914 House-furnishing goods. Pails. Year or month. 204 T able 9 .—AVER AGE W HOLESALE PRICES OF COMMODITIES, 1900 TO 1920—Continued. Miscellaneous. Tubs. Bran. Copra: in bags. Aver age price per short ton. Rela tive price. Hemp: mar nila current shipment. Jute. Raw, Aver Aver Aver Rela Rela average age age age price price tive tive price price per per per per price. price. gallon. pound. pound. pound. Raw, M-double tri Rela angle, average tive price price. per pound. 1890....................... 1891....................... 1892....................... 1893....................... 1894....................... $1,592 1.450 1.350 1.313 1.258 88.8 80.9 75.3 73.3 70.2 $1.650 1.567 1.400 1.308 1.288 98.0 93.1 83.2 77.7 76.5 $23.375 25.208 23.696 25. 704 22.558 74.0 79.8 75.0 81.3 71.4 $0.345 .357 .309 .455 .324 63.9 66.1 57.2 84.3 60.0 $0.039 .037 .048 .035 .035 42.6 40.7 52.1 37.9 37.8 1895....................... 1896....................... 1897....................... 1898....................... 1899........................ 1.121 1.263 1.242 1.133 1.267 62.6 70.5 69.3 63.3 70.7 1.250 1.250 1.250 1.250 1.258 74.3 74.3 74. 3 74.3 74.8 18.913 19.938 20.438 19.000 20.796 59.8 63.1 64.7 60.1 65.8 .272 .251 .237 .229 .266 50.4 46.6 43.8 42.4 49.4 .028 .032 .037 .033 .037 30.6 35.0 40.9 36.4 40.0 1900....................... 1901...................... 1902...................... 1903....................... 1904........................ 1.492 1.550 1.550 1.588 1.700 83.3 86.5 86.5 88.6 94.9 1.442 1.450 1.450 1.450 1.450 85.6 86.1 86.1 86.1 86.1 25.546 25.021 27.133 26.708 26.200 80.8 79.2 85.8 84.5 82.9 .356 .357 .407 .398 .314 65.9 66. 2 75.3 73.7 58.1 .044 .040 .044 .046 .044 $0.033 47.7 43.9 48.1 50.9 48.7 1905....................... 1906........................ 1907........................ 1908........... ........... 1909........................ 1.700 1.700 1.971 2.100 1.917 94.9 94.9 110.0 117.2 107.0 1.450 1.450 1.600 1.650 1.650 86.1 86.1 95.1 98.0 98.0 26.358 30.392 28.704 29.392 32.037 83.4 96.2 90.8 93.0 101.4 .270 .361 .487 .409 .440 50.0 67.0 90.3 75.8 81.6 .040 .054 .049 .037 .032 59.5 80.6 72.6 55.3 47.5 1910........................ 1911....................... 1912....................... 1913........................ 1914........................ 1.900 1. 750 1.750 1.792 1.800 $14.742 106.0 97. 7 97. 7 100.0 100.5 1.613 1.650 1.600 1.683 1.763 33.563 29.767 31.463 31.608 30.438 106.2 94.2 99.5 100.0 96.3 .597 .466 110.6 86.3 85. 4 100.0 91.4 .034 .047 .051 .067 .062 51.4 69.8 76.7 100.0 93.1 $4,300 95.8 98.0 95.1 100.0 $18.365 104.7 21.017 100.0 114.4 $0.104 .104 100.0 100.2 $0.063 .062 .073 .066 $0.093 .073 100.0 78.2 WHOLESALE PRICES, 1890 TO 1920, Galvar Wood Galva Wood nized nised Aver en, en, oak iron, Aver Rela aver Rela grained, Rela iron, age Rela age age average tive average No. 3, tive tive price tive price price. per price price price. price average price. price. per ton. pound. per per per nest price per of 3. dozen. gross. dozen. Cottonseed Cottonseed oil: summer meal: prime. yellow, prime. .... .... .... .... .... 18.954 26.313 34.042 47.500 36.177 129.2 179.4 232.1 323.8 246.6 5.496 7.950 10.592 15.363 11.028 133.8 193.6 257.9 374.1 268.6 20.041 20.452 32.368 31.818 38.899 109.1 111.4 176.2 173.3 211.8 .102 .147 .104 .092 .088 97.5 140.6 99.8 88.5 84.3 31.979 36.682 48.292 56.350 69.229 101.2 116.0 152.8 178.3 219.0 .068 .106 .154 .201 .241 93.9 146.8 211.7 277.4 331.9 .094 .124 .222 .241 .152 101.1 133.5 238.8 259.2 164.0 .053 .076 .103 .129 .113 79.8 114.0 153.8 192.2 168.6 1920 .... 42.962 45.000 45.000 46.000 292.9 306.8 306.8 313.6 13.361 14.000 14.000 14.000 325.3 340.9 340.9 340.9 41. 724 41.781 42.625 46.650 227.2 227.5 232.1 254.0 .090 .117 .109 .101 86.6 112.2 104.4 97.2 65.841 78.000 77.500 74.500 208.3 246.8 245.2 235.7 .154 .216 .196 .193 211.7 298.3 270.9 265.7 .162 .170 .198 .191 174.2 182.9 212.8 205.8 .096 .115 .115 .110 143.5 171.9 171.9 164.4 April........ 46.000 46.000 46.000 313.6 313.6 313.6 14.000 15.000 15.000 340.9 365.2 365.2 50.250 53.063 51.400 273.6 288.9 279.9 .098 .106 .095 93.6 101.2 91.2 72.620 72.970 73.970 229.7 230.9 234.0 .184 .195 .169 254.2 268.7 233.2 .179 .183 .166 193.3 197.3 178.7 .110 .110 .105 164.4 164.4 157.0 July.......... August__ September 46.000 46.000 43.042 313.6 313.6 293.5 15.000 14.000 12.975 365.2 340.9 315.9 47.563 41.000 37.875 259.0 223.2 206.2 .097 .081 .083 93.3 77.4 79.2 68.780 65.850 61.907 217.6 208.3 195.9 .132 . 120 .136 182.2 165.9 187.3 .162 .158 .153 174.1 169.7 164.3 .095 .085 .085 142.0 127.1 127.1 October... November. December. 37.000 35.500 34.000 252.3 242.0 231.8 11.855 10.500 10.000 288.7 255.7 243.5 30.625 30.750 26.375 166.8 167.4 143.6 .091 .075 .064 86.9 72.0 61.8 55.500 48.000 40.500 175.6 151.9 128.1 .111 .101 .086 152.4 139.9 119.2 . 143 .128 .113 153.6 137.9 121.2 .085 .078 .060 127.1 115.8 89.7 January... February. March...... May........... June.......... 2 0 5 AVERAGE WHOLESALE PRICES OF COMMODITIES. 1915 1916 1917 1918 1919 2 0 6 WHOLESALE PRICES, 1890 TO 1920. Chart 39. Chart 39a , 300 275 250 225 200 175 150 125 100 75 50 AVERAGE WHOLESALE PRICES OF COMMODITIES. 400 375 350 325 40 S!<»Jj 1914 1S15 1916 1917 1918 1919 1920 2 0 7 1913 2 0 8 T able 9 .— AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1920—Continued. Miscellaneous. Linseed meal. Year or month. Lubricating oil: paraffin. Millfeed: middlings, standard. Paper. Wrapping: manila. Newsprint. 1890..................... 1891..................... 1892..................... 1893..................... 1894..................... $0,038 .034 .034 .032 .032 1895..................... 1896..................... 1897..................... 1898..................... 1899..................... Mexican, Rubber: Para, Sisal: current ship island. ment. Series 2, Rela Average Rela Average Rela Average Rela Average Rela Average Rela average tive price per tive price tive price per tive price per tive price per tive price per price. pound. price. per ton. price. pound. price. pound. price. pound. price. pound. $0,058 .058 .056 .058 .058 117.8 117.8 114.3 118.6 119.7 .031 .028 .027 .022 .021 136.9 122.2 120.4 97.3 92.9 .059 .059 .059 .046 .044 120.1 120.5 120.5 94.1 89.8 .074 .066 .063 .084 .109 50.1 45.3 43.0 57.4 74.6 1900..................... 1901..................... 1902..................... 1903..................... 1904..................... .028 .023 .024 .025 .027 124.9 100.4 107.6 112. 4 118.7 .048 .050 .050 .053 .053 98.4 102.9 101.8 107.8 108.6 .132 .109 .135 . 115 .117 90.0 74.4 91.9 78.1 79.8 .982 .850 . 727 .905 1.088 121.6 105.3 90.1 112.2 134.7 1905..................... 1906..................... 1907..................... 1908..................... 1909..................... 024 .022 .025 .025 .021 107.6 97.3 110.7 110.2 91.1 .053 107.6 .050 102.5 .051 103.7 .050 102.5 .048 97.3 .120 .125 .129 .102 .084 81.5 85.3 87.9 69.2 57.3 1.243 1.213 1.063 .871 1.481 153.9 150.3 131. 7 107.9 183.5 1910..................... 1911..................... 1912..................... 1913..................... $28.417 100.0 1914..................... 30. 792 108.4 .021 .021 .022 .023 .023 91.6 94.2 96.0 100.0 100.0 .048 .048 .049 .049 .049 .088 59.9 ’.087 59.4 .101 68.7 .147 100.0 .123 84.0 1.908 1.110 1.052 .807 .616 236.3 137.6 130.3 100.0 76.3 $0.143 .151 100.0 $19.452 100.0 105.8 21.534 110.7 97.3 99.0 100.0 100.0 100.2 $0.149 101.8 .104 70.8 .115 78.3 .092 62.6 .077 52.5 103.8 98.0 83.8 88.8 83.6 169.8 151.1 151.1 141.3 143.6 * $3.408 3.000 100.0 88.0 $0,838 .791 .676 .717 .674 .743 92.0 .800 99.1 .845 104.7 .927 114.9 .995 123.3 $0.043 100.0 .051 117.8 WHOLESALE PRICES, 1890 TO 1920, Average Rela- Average RelaSeries l, Average Relaprice per tive price tive gallon. price. per ton. price. pound. Phosphate rock: Rope: Manila, Florida land and size pebble, 68 per baselarger. cent. ................... ................... ................... ................... ................... 35.000 36.167 47.750 53.583 73.942 123.2 127.3 168.0 188.6 260.2 .147 .201 .215 .341 .306 102.9 140.8 150.9 239.5 214.6 21.603 22.207 36.074 33.658 44.738 111.1 114.2 185.4 173.0 230.0 1920 ................... 62.827 79.900 70.875 70.500 221.1 281.2 249.4 248.1 .434 .360 .400 .405 304.7 252.6 280. 7 284.2 45.620 43.750 47.125 51.500 June............... 62.500 60.000 60.000 219.9 211.1 211.1 .420 .414 .450 294.7 290.5 315.8 July.............. August......... September__ 60.000 60.000 60.000 211.1 211.1 211.1 .454 .460 .463 October........ November___ December___ 60.000 56.000 52.000 211.1 197.1 183.0 .470 .465 .460 January........ February....... March........... April............. May.............. 8 No quotation. $0.021 .027 .034 .034 .039 99.1 130.5 161.9 164.8 187.6 .049 .079 .101 .105 .120 100.2 162.5 207.8 214.8 244.9 2.896 2.750 2.659 4.226 5.000 85.0 80.7 78.0 124.0 146.7 .133 .183 .283 .325 .261 90.3 124.4 193.1 221.8 178.1 .557 .669 .648 .549 .483 69.0 82.9 80.3 68.0 59.8 .059 .090 .177 .178 .126 136.8 208.6 408.8 412.3 290.7 234.5 224.9 242.3 264.8 .060 (2) (2) \o61 290.1 301.4 251.0 251.0 258.2 9.126 (2) 6.850 6.850 267.8 292.4 .147 .123 .123 .126 201.0 201.0 .275 .258 .258 .268 187.5 175.5 175.5 182.7 .333 .463 .432 .412 41.2 57.3 53.5 51.0 .079 .083 .083 .083 182.4 191.0 191.0 191.0 54.563 57.875 56.250 280.5 297.5 289.2 .058 .058 .058 278.0 278.0 278.0 .140 .140 .144 286.9 286.9 295.1 6.850 6.850 8.425 201.0 201.0 247.2 .283 .283 .283 192.6 192.6 192.6 .411 .404 .385 51.0 50.0 47.7 .081 .081 .083 186.6 186.6 191.0 318.6 322.8 324.6 53.875 51.750 45.688 277.0 266.0 234.9 .058 .058 .061 278.0 278.0 292.4 .155 .170 .170 317.6 348.4 348.4 11.000 11.000 10.875 322.7 322.7 319.1 .283 .283 .283 192.6 192.6 192.6 .353 .303 .253 43.8 37.5 31.4 .080 .078 .080 185.2 180.1 185.2 329.8 326.3 322.8 30.813 28.700 24.125 158.4 147.5 124.0 .066 .067 .059 320.5 322.0 285.7 .163 .164 .146 333.0 335.7 298.4 11.000 10.750 9.000 322.7 315.4 264.1 .283 .275 .263 192.6 187.1 178.9 .217 .192 .180 26.9 23.8 22.3 .082 .072 .064 189.6 166.2 147.7 2 0 9 .022 AVERAGE WHOLESALE PRICES OF COMMODITIES. 1915 1916 1917 1918 1919 2 1 0 WHOLESALE PRICES, 1880 TO 1920. Chart 40. Chart 40a . 400 375 350 300 300 275 275 325 250 250 225 225 200 200 175 175 150 150 125 125 100 100 75 75 50 50 40 40 211 AVERAGE WHOLESALE PRICES OF COMMODITIES. 400 375 350 325 2 1 2 T able 9L—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1920-Continued. Miscellaneous. Starch: laundry. Soap: laundry. Tankage: crushed slaughter-house, 9 and 20 per cent. Tobacco: plug. Tobacco: smoking, granulated, 1-ounce bags. Year or month. Average price per box of 100 elevenounce cakes. 12 pieces to the pound, average price per pound. Seal of Blackwell’s North BuU Durham, Carolina, Rela average average tive price per price per price. gross of gross of bags. bags. Rela tive price. Seal of North Carolina, average price per pound. $0,405 .401 .373 .397 .400 92.0 91.1 84.7 90.2 90.9 $0,500 .500 .500 .500 .500 99.5 84.9 82.2 82.2 82.2 .400 .381 .376 .413 .418 90.9 86.5 85.4 93.9 94.9 .500 .500 .500 .530 .560 79.8 79.8 79.8 84.6 89.4 .034 .036 .045 .043 .037 93.1 99.5 124.4 118.1 101.1 .443 .466 .454 .450 .470 100.7 105.9 103.2 102.3 106.8 .560 .560 .559 .570 .583 89.4 89.4 89.3 91.0 93.1 1905............................... 1906............................... 1907............................... 1908............................... 1909............................... .033 .037 .040 .043 .043 90.1 100.5 110.7 118.6 117.5 .490 .483 .470 .470 .470 111.4 109.8 106.8 106.8 106.8 .600 .600 .600 .600 .600 95.8 95.8 95.8 95.8 95.8 1910............................... 1911............................... 1912............................... .039 .033 .038 .037 .039 106.8 89.0 102.7 .470 .440 .440 106.8 100.0 100.0 .585.628 .628 Average price per pound. Rela tive price. 1890............................... 1891............................... 1892............................... 1893............................... 1894............................... $0,037 .043 .037 .037 .037 101.6 116.7 102.2 100.3 100.3 1895............................... 18 9 6 ............................ 1897............................... 1898............................... 1899............................... .036 .031 .030 .030 .030 1900............................... 1901............................... 1902............................... 1903............................... 1904............................... 1913............................ 1914............................... Rela tive price. Rela tive price. $3.528 100.0 $2.775 100.0 3.528 100.0 2.745 98.9 Average price per ton. Rela tive price. 14§ ounces to the plug, average price per pound. $0,470 100.0 $23.359 100.0 .470 100.0 106.8 26.274 112.5 .470 100.0 79.8 79.8 79.8 79.8 79.8 * $5.157 5.145 93.4 100.2 100,2 $5.640 100 0 5.680 100.7 W HOLESALE PRICES, 1800 TO 1920, Average price per box of 100 bars (75 pounds). 3.528 3.565 4.451 5.336 6.334 100.0 101.0 126.2 151.2 179.5 2.745 2.835 4.154 5.591 6.157 98.9 102.2 149.7 201.5 221.9 .040 .045 .058 .060 .073 109.6 122.2 160.0 164.1 199.7 21.442 25.062 42.425 57.500 54.408 91.8 107.3 181.6 246.2 232.9 .490 .490 .585 .747 .909 104.2 104.2 124.4 158.7 193.1 5.760 5.760 5.760 8.080 9.176 102.1 102.1 102.1 143.3 162.7 1920 .............. January. . . February.. March....... 6.906 7.056 7.056 7.056 195.7 200.0 200.0 200.0 6.490 6.600 6.600 6.600 233.9 237.8 237.8 237.8 .093 .090 .090 .090 253.4 246.6 246.6 246.6 64.689 66.620 70.625 78.950 276.9 285.2 302.3 338.0 .941 .941 .941 .941 200.0 200.0 200.0 200.0 9.920 9.920 9.920 9.920 175.9 175.9 175.9 175.9 April......... May........... June.......... 7.056 7.056 7.056 200.0 200.0 200.0 6.600 6.600 6.600 237.8 237.8 237.8 (2) (2) \ 093 253.4 79.400 73.100 69.500 339.9 312.9 297.5 .941 .941 .941 200.0 200.0 200.0 9.920 9.920 9.920 175.9 175.9 175.9 July........... August___ September. 7.056 7.056 7.056 200.0 200.0 200.0 6.600 6.600 6.600 237.8 237.8 237.8 .093 (2) (2) 253.4 71.300 68.938 65.563 305.2 295.1 280.7 .941 .941 .941 200.0 200.0 200.0 9.920 9.920 9.920 175.9 175.9 175.9 October... November. December. 7.056 6.187 6.125 200.0 175.4 173.6 6.600 5.940 5,940 237.8 214.1 214.1 .095 .095 .095 260.3 260.3 260.3 60.050 39.688 29.450 257.1 169.9 126.1 .941 .941 .941 200.0 200.0 200.0 9.920 9.920 9.920 175.9 175.9 175.9 2 No uotation. 2 1 3 AVERAGE WHOLESALE PRICES OF COMMODITIES. .............. .............. .............. .............. .............. 1915 1916 1917 1918 1919 2 1 4 T able 9 .—AVERAGE WHOLESALE PRICES OF COMMODITIES, 1890 TO 1920—Concluded. Miscellaneous. Vegetable oil. Year or month. Coconut: crude. Relative price. Average price per pound. Relative price. Palm kernel: crude. Average price per pound. Relative price. Peanut: crude. Average price1 per pound. Wood pulp: sulphite, domestic, unbleached. Soya bean: crude. Average price per pound. Relative price. Average price per 100 pounds. 1890............................................................... 1891............................................................... 1892........................................................... 1893........................................................... 1894............................................................... Relative price. 1 1895............................................................... 1896............................................................... 1897............................................................... 1898............................................................... 1899............................................................... 1900............................................................... 1901............................................................... 1902............................................................... 1903............................................................... 1904 ........................................................... 1905 ............................................................. 1906............................................................... 1907..........................„................................... 1908............................................................... 1909............................................................... 1910............................................................... 1911............................................................... 1 9 1 2 ...................................; .......................... 1913............................................................... ............................................................... i $6.1 2 0 I . 122 ioo. o 101. 8 $0,061 .062 100.0 101.6 $0,101 .104 100.0 1914 102.8 $0,061 .063 100.0 102.9 $2.225 2.156 ioo. 6 96.9 WHOLESALE PRICES, 1890 TO 1920. Average price per pound. Corn: crude. .123 .151 .171 .181 .174 102.7 126.2 142.3 151.0 144.9 .063 .096 .145 180 .175 103.8 158.2 239.2 297.0 288.1 .105 .138 .161 .178 .180 104.1 136.3 159.2 176.5 178.3 1920....................................................... January................................................ February.............................................. March.................................................... .174 .200 .193 .192 145.3 166.8 160.6 160.1 .150 .205 .193 .178 246.8 337.6 317.1 292.4 .172 .220 .190 .189 170.6 217.8 188.1 186.9 April..................................................... May........................................................ June....................................................... .187 .190 .190 155.9 158.5 158.5 .174 .174 .166 287 3 285,8 273.8 .197 .190 194.8 188.1 July ...................................................... August.................................................. September............................................ .160 .165 .165 133.4 137.6 137.6 .139 .111 .118 229.3 182.2 194.1 .135 .135 133.7 133.7 .159 132.9 .118 98.6 .124 . 103 .105 203.6 168.9 173.0 .156 .143 .135 154.5 141.1 133.7 October................................................. No\ ember............................................. December............................................. 1 No relative price computed. (2) * 102.1 145.6 232.2 298.7 272.6 2.119 3. 815 4.813 3. 837 3.522 95.2 171.4 216.3 172.5 158.3 .152 .190 .182 .186 247.6 309.6 297.2 304.4 6.579 3.625 3.625 3.825 295.7 162.9 162.9 171.9 .179 .173 .169 292.2 281.7 276. 8 5. 719 6.938 7.400 257. a 311.8 332.6 .104 . 153 .138 .136 250.0 224 7 221.6 8. 250 8.250 8.250 370. 8 370.8 370.8 .090 .084 .071 .123 . 107 .086 200.2 174.7 141.0 8.125 7.750 6.969 365.2 348.3 313.2 .135 (2) .220 .205 .190 (2) .200 .130 (2) * No quotation. 2 15 (2) (2) .063 .089 .142 .183 .167 $0,110 .153 .182 .187 AVERAGE WHOLESALE PRICES OF COMMODITIES. 1915....................................................... 1916....................................................... 1917....................................................... 1918....................................................... 1919....................................................... APPENDIXES APPENDIX A.— TABLE OF WEIGHTS USED IN COMPUTING INDEX N U M B E R S OF W H O LESALE PRICES FOR 19191 A N D 1920 B Y GROUPS OF COMMODITIES. Group I.—F arm products. Commodity. Cotton, middling: New Orleans....................................................................................................... New York............................................................................................................ Flaxseed, No. 1.......................................................................................................... Grain: Barley, fair to good, malting........................................................................... Com,“cash— Contract grades........................................................................................... No. 3, mixed.............................................................................................. Oats, casfi............................................................................................................ Rye, No. 2, cash................................................................................................. Wheat, cash— Chicago, No. 1 northern spring................................................................ Chicago, No. 2 red winter......................................................................... Kansas City, No. 2 hard winter.............................................................. Minneapolis, No. 1 northern spring........................................................ Portland, Oreg., No. 1 hard white.......................................................... Hay: Alfalfa, No. 1....................................................................................................... Clover-mixed, No. 1........................................................................................... Timothy, No. 1.................................................................................................. Hides: Calfskins, No. 1.................................................................................................. Goatskins, Brazilian......................................................................................... Green, salted, packers’— Heavy native steers.............................................................................. Heavy Texas steers.................................................................................... Hops: New York State, prime to choice................................................................... Pacific coast....................................................................................................... Live stock (for food): Cattle, steers— Choice to prime........................................................................................... Good to choice........................................................................................... Hogs— Heavy........................................................................................................... Light........................................................................................................... Sheep— Ewes, fed, poor to best....................................................................... Lambs, good to choice............................................................................... Wethers, fed, common to best................................................................. Peanuts, No. 1 grade................................................................................................ Poultry, live fowls: Chicago.............................................................................................. New York............................................................................................................ Tobacco, burley, dark red, good leaf..................................................................... Quantity used as weight (000 omitted). Unit. 3,606,507 1,803,253 20,106 Pound. Do. Bushel. 75,301 Do. 184,311 276,467 267,860 29,521 Do. Do. Do. Do. 26,984 124,072 248,144 242,859 41,357 Do. Do. Do. Do. Do. 5,029 No weight. 5,657 Ton. Do. 131,362 102,804 Pound. Do. 614,829 307,415 Do. Do. 15,502 32,575 Do. Do. 41,449 82,898 100 pounds. 19,110 57,329 Do. Do. 2,300 8,049 1,150 435,777 Do. Do. Do. Pound. 230.400 230.400 11,004 Do. Do. 100 pounds. 8,468 100 pounds. Group II.—Food, etc. Beans, medium, choice..................................................................................... Bread: Crackers— Oyster........................................................................................................... Soda............................................................................................................. Loaf— Chicago......................................................................................................... Cincinnati.................................................................................................... New Orleans.............................................................................................. New York.................................................................................... San Francisco.............................................................................................. No weight. No weight. No weight. No weight. No weight. N o weight. No weight. 1 For years prior to 1919 these weights have been revised to conform to changes in the number and kinds of articles included. 217 218 WHOLESALE PRICES, 1890 TO 1920. A p p e n d i x A .— Table o f weights used in com puting index num bers o f wholesale prices f o r 1919 and 1 9 2 0 , by groups o f commodities — Continued. Group II.—Food, etc.—Continued. Commodity. Butter: Boston— Creamery, extra......................... <..................... Creamery, firsts................................................. Creamery, seconds............................................ Chicago— Creamery, extra................................................. Creamery, standards........................................ Creamery, firsts................................................. Cincinnati— Creamery, extra................................................. Creamery, centralized firsts............................ Creamery, centralized seconds........................ New Orleans— Creamery, fancy................................................ Creamery, choice............................................... New York— Creamery, extra................................................. Creamery, firsts................................................. Creamery, seconds............................................ Philadelphia— Creamery, extra................................................. Creamery, extra firsts...................................... Creamery, firsts................................................. St. Louis— Creamery, extra................................................. San Francisco— Creamery, extra................................................. Creamery, prime firsts...................................... Canned goods: Corn, No. 2, standard.............................................. Peas, State and western, No. 5 sieve.................... Tomatoes, standard New Jersey, No. 3............... Cheese: Chicago, whole milk, American twins................. New York, whole-milk, colored, average, fancy. San Francisco, California, flats fancy................... Coffee, Rio, No. 7............................................................. Eggs: Boston, firsts, western............................................. Chicago, firsts, fresh................................................. Cincinnati, firsts, fresh............................................ New Orleans, candled, western............................. New York, firsts, fresh gathered........................... Philadelphia, extra firsts, western........................ San Francisco, fresh, selected, pullets’................ Fish: Cod, large, shore (pickled, cured)......................... Herring, pickled, domestic, split, large No. 1 . . . Mackerel,salt, large, No. 3s................................... Salmon, canned, Alaska, red................................. Flour: Buckwheat................................................................ Rye, pure, medium straight.................................. Wh/eat— Kansas City, winter patents........................... Kansas City, winter straights........................ Los Angeles, baker’s patent........................... Minneapolis, standard patents....................... Minneapolis, second patents........................... Portland, patents............................................. St. Louis, first patents..................................... St. Louis, second patents................................ Toledo, patents................................................. Fruit: Apples— Evaporated, choice........................................... Fresh, Baldwin................................................. Bananas, Jamaica, 9s.............................................. Currants, uncleaned, in barrels............................. Lemons, California................................................... Oranges, California................................................... Prunes, California, in 25-pound boxes................. Raisins. California, coast seeded........................... Glucose, A26 mixing........................................................ Lard, prime, contract.................... , .......... Quantity used as weight (000 omitted). Unit. 23.179 73.917 11.665 Pound. Do. Do. 101,989 325,234 51,328 Do. Do. Do. 5.349 17.058 2,692 Do. Do. Do. 5.349 17.058 Do. Do. 48.142 153,520 24,228 Do. Do. Do. 23.179 73.917 11.665 Do. Do. Do. 48.142 Do. 5.349 17.058 ' Do. Do. 14,903 Dozen cans. 11,803 Do. 25,820 Do. 141.457 141.457 70,728 1,038,439 Pound. Do. Do. Do. 92.669 Dozen. 231.673 Do. 92.669 Do. 92.669 Do. 231.673 Do. 92.669 Do. 92.669 Do. 685 100 pounds. 429 Barrel. 191 Do. 18,431 Dozen cans. 2,010 100 pounds. 1,594 Barrel. 16.096 5,365 No weight. 24,144 8,048 21,461 12,072 4,024 16.096 Do. Do. Do. Do. Do. Do. No weight. 21,254 35,772 32,164 4,119 19,784 138,796 286,075 7,701 1,243,572 Do. Bunch. Pound. Box. Do. Pound. Do. 100 pounds. Found, Do. Do. 219 WEIGHTS USED IN COMPUTING INDEX NUMBERS, A p p e n d i x A . — Table o f weights used in com puting index num bers o f wholesale prices f o r 1919 and 1 9 2 0 , by groups o f commodities — Continued. Group II.—Food, etc.—Concluded. Commodity. Meal, com: White, Decatur, 111.................................................... ........................ White) table, Philadelphia.............................................................................. Meat: Bacon— ........................ Rough sides............................................................ Short clear sides.......................................................................................... Beef fresh— Carcass, good native steers, Chicago....................................................... Steer, loins ends (hips), Chicago. 77................................................. Steer) ribs, No. 2,'Chicago___ 7................................................................ Steer) rounds, No. 2, Chicago................................................................... Native sides, New Y ork.. .7............................................................ Loins, No. 2) city, New York................................................................... Ribs, No. 2, city, New York.................................................................... Rounds, No. 2,"city, New York.............................................................. Beef, salt, extra mess. 7.7................................................................................. Hams, smoked.................................................................................................... Lamb, dressed, round....................................................................................... Mutton, dressed.................................................................................................. Pork, fresh— Loins, Chicago............................................................................................. Loins, western, New York....................................................................... Pork, salt, mes§.................................................................................................. Poultry, dressed fowls— Chicago, iced................................................................................................ New York, western, dry picked.............................................................. Veal, city, dressed, good to prime.................................................................. Milk, fresh: Chicago (vicinity).............................................................................................. New York (vicinity)......................................................................................... San Francisco (vicinity)................................................................................... Molasses, New Orleans, open kettle...................................................................... Oleomargarine, standard quality, uncolored...................................................... Oleo oil, extra......................................................................................................... Olive oil, Spanish...................................................................................................... Rice: Blue Rose, head................................................................................................. Honduras, head.................................................................................................. Salt, American, medium....................................................................................... Soda, bicarbonate of, American............................................................................. Spices: Pepper, black, Singapore.......................................................................... Starch, corn, for culinary purposes....................................................................... Sugar: 96° centrifugal................................................................................................... Granulated, in barrels....................................................................................... Tallow, packers’ prime............................................................................................. Tea, Formosa, fine.................................................................................................... Vegetables, fresh: Onions.................................................................................................................. Potatoes, white, range from good to choice.................................................. Vinegar, cider, 40-grain, in barrels......................................................................... Quantity used as weight (000 omitted). ~ 26,677 26,677 Unit. 100 pounds. 370.677 370.677 Pound. Do. 2.104.694 No weight. No weight. No weight. 2.104.694 No weight. No weight. No weight. 632 782,862 330,502 165,251 Do. Barrel. Pound. Do. Do. No weight. No weight. 4,761 Barrel. Do. 211.277 211.277 253,006 Pound. Do. Do. 3.099.628 3.099.628 1,549,814 55,690 138,576 144,737 4,029 Quart. Do. Do. Gallon. Pound. Do. Gallon. 466,823 217,851 22,136 No weight. 36,241 No weight. Pound. Do. Barrel. 6,316,034 7,366,818 203,209 113,548 Do. Do. Do. Do. 7,367 238,495 98,404 Pound. Sack. 100 pounds. Gallon. Group III.—Cloths and clothing. Boots and shoes: Children’s, gun metal, button. . . Little boys’, gun metal, blucher. Men’s— Gun metal, Goodyear welt, blucher Gun metal, Goodyear welt, button. Tan grain, blucher............................. Vici calf, blucher................................. Vici kid, Goodyear w e lt................... Misses’, vici, patent tip, button............. Women’s— Goodyear welt, kid, lace....................... McKay sewed, kid, lace........................ Patent leather, pump, McKay sewed. Youths’ , gun metal, blucher....................... 6 8 6 4 3°— 22— B u ll. 296-------15 14.440 14.440 Pair. Do. 18.778 18.778 18.778 18.778 18.778 14,440 Do. 28.865 28.865 28.865 23,839 Do. Do. * Do. 220 WHOLESALE PRICES, 1890 TO 1920. A p p e n d i x A . — Table o f weights used in com puting index num bers o f wholesale prices f o r 1919 and 1 9 2 0 , by groups o f commodities — Continued. Group III.—Cloths and clothing—Continued. Commodity. Carpets: Axminster, Bigelow, 3-4........................................................... Brussels, 5-frame, Bigelow....................................................... Wilton, 5-frame, Bigelow.......................................................... Cotton goods: Blankets: 2 pounds jto the pair.............................................. Calico, American standard prints, 7 yards to the pound.. Denims, Massachusetts, 2.20 yards to the pound................ Drillings— Brown, Pepperell, 2.85 yards to the pound, 29-inch... Massachusetts D standard, 30-inch................................ Flannels— Colored, 2\ yards to the pound........................................ Unbleached, 3£ yards to the pound................................ Gingham— Amoskeag, 6.37 yards to the pound................................ Lancaster, 6.50 yards to the pound................................. H osieryMen’s half hose, combed yam, fast black...................... Womens’— Silk mercerized, mock seam, 220 needles................ Seamless, combed yarn, double sole, 220 needles. Percale, Scout, 36-inch, 5.35 yards to the pound................. Print cloths, 27-inch, 7.60 yards to the pound..................... SheetingBleached— Pepperell, 10-4............................................................ Wamsutta, 10-4.......................................................... . Brown— Indian Head, 4-4,2.85 yards to the pound........... . Pepperell ,R , 4-4, 3.75 yards to the pound........... . Ware Shoals L. L ., 4-4, 4 yards to the pound____ Shirting, bleached muslin, 4-4— Fruit of the Loom............................................................. Lonsdale (new construction).......................................... Rough Rider....................................................................... W am sutta^x5,.................................................................. Thread, 6-cord, 200-yard spools, J. & P. Coats............... Ticking, Amoskeag, A . C. A ., 2.05 yards to the pound. UnderwearMen’s shirts and drawers............................................. Women’s union suits.................................................... Y arn Carded, white, mulespun, northern, cones— 10/1.............................................................................. 22/1.............................................................................. Twisted, ordinary, for weaving— Quantity used as weight (000 omitted). 16,702 5,291 6,130 1,581 No weight. 109,226 Unit. Yard. Do. Do. Pair. Yard. 148,264 143,322 Do. Do. 207,615 174,660 Do. Do. 358.287 358.287 Do. Do. 24,806 Dozen pairs. 13,193 24,374 No weight. 2,966,409 Do. Do. Yard. 44,145 38,756 Do. Do. 98,505 107,668 132,042 Do. Do. Do. 122,372 126,409 133,390 105,022 526,801 115,792 Do. Do. Do. Do. Spool. Yard. 22,567 2,048 D o z e n gar ments. Dozen suits. 161.768 161.768 Pound. Do. 80.884 80.884 Do. Do. 190,121 210,1*62 98,656 143,042 Square feet. Do. Pound. Square feet. 143,347 87,535 3,815 Pound. Do. Do. 17,410 Kansai,No. 1............. ................................................................................ 5,803 Special, extra............................................................................................... Woolen goods: 3,002 Blankets, 4 to 5 pounds to the pair................................................................ 3,856 Flannel, white, 4-4 Ballard Vale, No. 3........................................................ HosieryMen’s, seamless, half hose— 2,024 Cashmere.............................................................................................. Wool............................................. ......................................................... No weight. 6,018 Overcoating, soft-faced, black, plain twill, 24-ounce.................................. J Do. Do. 20/2................................................................... 40/2....................................................................... Leather: Calf, chrome, dull or bright finish, B grade.............. Glazed kid, black, top grades, from Brazilian skins. Harness,California oak, No. 1...................................... Side, black, chrome, tanned, B grade......................... Sole— Hemlock, middle, No. 1.......................................... Oak, scoured backs, heavy.................................... Linen shoe thread, 10s, Barbour......................................... Silk, raw: Do. Yard. Dozen pairs. Yard. 221 WEIGHTS USED IN COMPUTING INDEX NUMBERS, A p p e n d i x A . — Table o f weights used in com puting index num bers o f wholesale prices f o r 1919 and 1 9 2 0 , by groups o f commodities — Continued. Group III.—Cloths and clothing—Concluded. Commodity. Woolen goods—Concluded. Suitings— Clay worsted, diagonal— 12-ounce................................................................................................. 16-ounce................................................................................................. Middlesex, wool-dyed, blue..................................................................... Serge, 11-ounce........................................................................................... Trousering, cotton warp, worsted filled, 11 to 11J ounces to yard. Underwear, merino— Men’s shirts and drawers, 60 per cent wool.......................: .................. Quantity used as weight (000 omitted). 19.969 19.969 19.969 19.969 19.969 Unit. Yard. Do. Do. Do. Do. 2,536 D o z e n g a r ments. 364 Dozen suits. Union suits, 33 per cent wool.................................................................... Women’s dress goods— All wool— Broadcloth, 54-56 inches.................................................................... French serge, 35-inch........................................................................... Storm serge, double-warp, 50-inch................................................... Cotton warp— Poplar cloth, 36-inch........................................................................... Sicilian cloth, 50-inch.......................................................................... Wool, Ohio, scoured fleece— Fine clothing............................................................................................... Fine delaine................................................................................................. Half-blood. ......................................................................................... Medium (J and § grades)........................................................................... Y am — 2-32s, crossbred stock.................................................................................. 2-40s, half-blood........................................................................................... 2-50s, fine domestic.. ................................................................... 31,121 48,016 33,611 Yard. Do. Do. 26,010 18,727 Do. Do. 74,815 28,056 37,407 46, 759 Pound. Do. Do. Do. 25,235 31,544 31,544 Do. Do. Do. 4,552 Gallon. Group IV.—Fuel and lighting. Alcohol, denatured, 180 proof.................................................................................. Coal: Anthracite— Broken, N. Y . tidewater........................................................................... Broken, company prices, f. o. b. mines................................................. Chestnut, N. Y . tidewater........................................................................ Egg, N. Y . tidewater.................................................................................. Egg, company prices, f. o. b. mines........................................................ Pea, company prices, f. o. b. mines......................................................... Stove, N. Y . tidewater.............................................................................. Stove, company prices, f. o. b. mines..................................................... Bituminous— Chicago— Mine run................................................................................................ Prepared sizes...................................................................................... Screenings.............................................................................................. Cincinnati, run-of-mine............................................................................. Pittsburgh, prepared sizes........................................................................ St. Louis, run-of-mine................................................................................ Semibituminous— Cincinnati, smokeless, run-of-mine (New River)................................. Norfolk, Pocahontas.................................................................................. Coke, Connellsville, furnace.......................... : ........................................................ Gasoline, motor......................................................................................................... Matches, average of Safe Home, Bird’s Eye, and Searchlight........................ Petroleum: Crude— California...................................................................................................... Kansas-Oklahoma...................................................................................... Pennsylvania............................................................................................... Refined— Standard white, 110° fire test, for export.......................... _•.................. Water-white, 150° fire test......................................................................... 6,015 No weight. 22,673 13,614 No weight. No weight. 20,381 No weight. Long ton. Do. Do. Do. 7,937 38,097 17,461 31,748 126,990 63.495 Ton. Do. Do. Do. Do. Do. 31,747 63.495 39,472 540,328 12,071 Do. Long ton. Ton. Gallon. Case. 73,269 73,268 36,634 Barrel. Do. Do. 837.397 837.397 Gallon. Do. Group V .—M etals and m etal products. Augers, regular, 1-inch........................ Bar iron: Best refined, Philadelphia.......... Common, from mill, Pittsburgh. Bars, concrete reinforcing........... No weight. 1.083.265 1.083.265 No weight. Pound. Do. 222 WHOLESALE PRICES, 1890 TO 1920. A p p e n d i x A . — Table o f weights used in com puting index num bers o f wholesale prices f o r 1919 and 1920, by groups o f commodities — Continued. Group V.—M etals and m etal products—Concluded. Commodity. Butts, loose-pin, wrought steel, 3£ by 3| inch..................................................... .................. Chisels, regular, socket^firmer, 1-inch. . ! ................. Copper: Ingot, electrolytic.............................................................................................. Sheet, hot-rolled (base sizes)........................................................................... Wire, bare, No. 8 ............... .......................... ............. Door knobs, steel, bronze-plated............................................................................ Files, 8-inch, m ill, bastard...................................................................................... Hammers, Maydole, No. 1J..................................................................................... Iron ore, lifesabi, Bessemer.................................................................................... Lead: Pig, desilverized................................................................................................. Pipe............................................................................... .......................... Locks,"common, mortise, knob-lock, 3i-inch...................................................... Nails,'8-penny, fence and common:' Cut........................................................................................................................ Wire...................................................................................................................... Pig iron: Basic..................................................................................................................... Bessemer.............................................................................................................. FoundryNo. 2, northern............................................................................................ No. 2, southern............................................................................................ Pipe, cast-iron, 6-inch............................................................................................... Planes, jack planes.................................................................................................... Quicksilver............................................................................................................... Saws. Disston: Crosscut, No. 2, 6-foot....................................................................................... Hand. No. 8. skewback, 26-inch..................................................................... Shovels, A m e s , No. 2................................................................................................ Silver, bar, fine.......................................................................................................... Steel: Billets, Bessemer................................................................................................ Plates, tank, i-inch wide.................................................................................. Rails, standard— Bessemer....................................................................................................... Open-hearth................................................................................................. Sheets, box annealed, No. 27........................................................................... Structural, Chicago............................................................................................ Structural, mill, Pittsburgh............................................................................ Tin: Pig......................................................................................................................... Plate, coke........................................................................................................... Trowels Johnson’s, brick, 10^-inch....................................................................... Vises, solid box, 50-pound...................................................................................... Wire: Barbed, galvanized............................................................................................ Plain, annealed, Nos. 0 t o 9 ............................................................................. Wood screws, 1-inch, No. 10, flathead.................................................................. Zinc: Sheet..................................................................................................................... Slab, western....................................................................................................... Quantity used as weight (000 omitted). Unit. No weight. No weight. 1,312,438 No weight. 278,964 No weight. No weight. No weight. 52,310 732,153 1,058 No weight. No weight. 13,916 1,742 1,168 2.557 2.557 1,146 No weight. No weight. No weight. No weight. No weight. 151,969 4,972 5,256,756 Pound. Do. Long ton. Pound. 100 pounds. Keg. Long ton. Do. Do. Do. Ton. Ounce. Long ton. Pound. 1,767 1,257 No weight. 4,996,876 No weight. Ton. Do. 94,248 12,968 No weight. No weight. Do. 100 pounds. 6,471 9,580 i No weight. i 576 464,903 Pound. Do. Do. Do. Pound. Group V I .—Building materials. Brick, common: Chicago, run-of-kiln, salmon............... Cincinnati, red, building.................... New York, red, domestic, building.. Cement, Portland, domestic: F. o. b. plant, near Chicago............... F. o. b. plant, San Francisco............. Doors, western, white pine........................ Glass: Plate, polished, glazing— 3 to 5 square feet............................ 5 to 10 square feet.......................... Window, American single, 25-inch— B ...................................... Lath: Eastern spruce, lj-inch slab. Southern yellow pine, No. 1. 3.264 3.264 3.264 65,435 No weight. No weight. 24,861 24,816 One thousand. Do. Do. Barrel. Square foot. Do. 3.461 3.461 50 square feet. Do. 4,388 No weight. One thousand. 223 WEIGHTS USED IN COMPUTING INDEX NUMBERS. A p p e n d i x A . — T a ble o f w eigh ts u s ed i n c o m p u tin g in d ex n u m b e r s o f w h olesale p rices f o r 1 9 1 9 a n d 1 9 2 0 , b y g r o u p s o f c o m m o d ities — Continued. Group V I.—Building materials—Concluded. Commodity. Lime, eastern, common........................................................................................... Lumber: Douglas fir— No. 1.............................................................................................................. No. 2 and better.......................................................................................... Hemlock— Chicago......................................................................................................... New 1»Tork market...................................................................................... Maple— Chicago......................................................................................................... New York.................................................................................................... Oak, white— Plain— Cincinnati.............................................................................................. New York............................................................................................. Quartered— New York............................................................................................. St. Louis............................................................................................... Pine— White, boards, rough, No. 2, barn— Buffalo................................................................................................... New York.............................................................................................. Yellow, flooring— F. o. b. m i l l ........................................................................................... New York............................................................................................. Yellow, siding............................................................................................. Southern yellow, shiplap, No. 2 .............................................................. Poplar, yellow— Cincinnati..................................................................................................... New York.................................................................................................... Spruce, eastern.................................................................................................. Paint materials: Lead, carbonate of (white lead), American, in oil...................................... Linseed oil, raw.................................................................................................. Turpentine, spirits of........................................................................................ Zinc, oxide of (white zinc), American, extra dry........................................ Putty........................................................................................................... ............... Rosin, common to good, strained.......................................................................... Shingles, 16 inches long: Cypress................................................................................................................. Red C edar.......................................................................................................... Tar, pine..................................................................................................................... Quantity used as weight (000 omitted). 23,278 3,642 1,214 Unit. Barrel. 1,000 feet. Do. No weight. 3,051 Do. No weight. 1,107 Do. No weight. 1,471 Do. 2,943 No weight. No weight. 3,900 No weight. 10,173 6,104 No weight. Do. Do. Do. Do. No weight. 859 1,749 Do. Do. 247,237 102,528 29,765 143,550 63,502 3,673 Pound. Gallon. Do. Pound. Do. Barrel. 1,387 12,005 No weight. One thousand. Do. Group VII.—Chemicals and drugs. Acid: Acetic, 28°........................................................................................................... Muriatic, 20°....................................................................................................... Nitric, 42°............................................................................................................ Sulphuric, 66°..................................................................................................... Alcohol: Grain, 190 proof, U. S. P .................................................................................. Wood, refined, 95 per cent............................................................................... Alum, lump............................................................................................................. Ammonia, anhydrous............................................................................................ Borax, crystals and granulated, sacks................................................................ Copper sulphate, 99 per cent crystals (blue vitriol)....................................... Glycerin, refined, chemically pure...................................................................... Opium, natural, in cases......................................................................................... Quinine, manufacturers’ quotation...................................................................... Soda: Carbonate of (sal soda)..................................................................................... Caustic, 76 and 78 per cent, solid.................................................................... Nitrate of (Chile saltpeter), 95 per cent......................................................... Soda ash, light, 58 per cent.............................................................................. Sulphur (brimstone), stick, crude......................................................................... 58,050 203,223 27,326 1,367,214 48,912 12,636 278,940 11,970 82,875 36,556 123,353 491 2,310 1,747 263,224 6,855 12,966 268 Pound. Do. Do. Do. Gallon. Do. Pound. Do. Do. Do. Do. Do. Ounce. 100 pounds. Pound. 100 pounds. Long ton. 224 WHOLESALE PRICES, 1890 TO 1920. A p p e n d i x A . — T able o f w eigh ts u s e d i n c o m p u tin g in d ex n u m b e r s o f w h olesa le p rices f o r 1 9 1 9 a n d 1 9 2 0 , b y g r o u p s o f co m m o d ities — Concluded. Group VIII.—H ouse-furnishing goods. Commodity. Earthenware: Plates, 7-inch, white, granite........................................................................... Teacups and saucers, white, granite.............................................................. Furniture: Bedroom sets, 3 pieces...................................................................................... Chairs— Bedroom, rocker, oak................................................................................ Kitchen, hardwood.................................................................................... Tables, kitchen, 2 by 3^ feet, with drawer................................................... Glassware, common: Nappies, 4-inch................................................................................................... Pitchers, J-gallon............................................................................................... Tumblers, table, J-pint..................................................................................... Table cutlery: Carvers, stag handles......................................................................................... Knives and forks, cocobolo handles, metal bolsters................................... Pails, 10-quart, galvanized iron............................................................................. Tubs, galvanized-iron.............................................................................................. Quantity used as weight (000 omitted). 22 188 8,722 Unit. Dozen. Dozen each. 2,645 Set. 2,352 1,178 1,829 Each. Dozen. Each. 5,359 5,359 11,687 Dozen. Do. Do. 615 102 4 217 Pair. Gross. Do. Dozen. Group I X .—M iscellaneous. B ra n ........................................................................................................................... 4,618 Ton. Copra, in bags............................................................................................................ No weight. Cottonseed meal, prime........................................................................................... 1,675 Cotton seed oil, prime, summer yellow................................................................ 1,187,464 Pound. Hemp, manila............................................................................................................ 117,700 Do. 312,798 Do. Jute, raw..................................................................................................................... 323 Ton. Linseed meal.............................................................................................................. 537,294 Gallon. Lubricating oil, paraffin.......................................................................................... 2,309 Ton. Mill feed> middlings................................................................................................. Paper: 2,388,164 Pound. News, wood, roll, annual contracts................................................................ Wrapping, manila, No. 1 jute......................................................................... 1,526,134 Do. Phosphate rock, Florida land pebble, 68 per cent............................................. 2,330 Ton. 150,170 Pound. Rope, pure manila, #-inch (base size) and larger............................................... 84,568 Rubber, Para, island, fine....................................................................................... Do. 178,670 Sisal, Mexican............................................................................................................ Do. Soap, laundry: 12,631 Box. 100 bars to a box, Cincinnati........................................................................... 11,578 100 bars to a box, Philadelphia....................................................................... Do. 694,810 Pound. Starch, laundry......................................................................................................... 233 Ton. Tankage, crushed slaughterhouse.......................................................................... Tobacco: 173,418 Pound. Plug, Climax...................................................................................................... 22,486 Gross bags. Smoking, granulated, Blackwell’s Bull Durham........................................ « Vegetable oil, crude: 78,009 Pound. Coconut................................................................................................................ Corn...................................................................................................................... No weight. No weight. Palm kernel........................................................................................................ No weight. Peanut................................................................................................................. 27,94 Soya bean............................................................................................................ Do. 24,358 100 pounds. Wood pulp, sulphite, domestic, unbleached....................................................... Do. A P P E N D I X B .— R E L A T I V E IM P O R T A N C E OF C O M M O D IT IE S , M E A S U R E D B Y T H E IR W H O L E S A L E V A L U E S IN E X C H A N G E 1909 A N D 1920. Group I.—Farm products. 1909 . 1920 Value of commodity expressed as percentage of aggregate value of— Value in exchange (expressed in thou sands). Commodity. AS IN Com AH modi com ties in mod group. ities. Value in exchange (expressed in thou sands). Value of commodity expressed as percentage of vafue^of— Com All modi com ties in mod group. ities. ! Cotton, middling: New York................................................................ Flaxsseed No. 1: Chicago..................................................................... Grain: Barley, malting— Choice to fancy................................................ Fair to good . " ............................................. Com, cash— Contract grades................................................ Oats, casli................................................................. Rye, No. 2, cash..................................................... Wheat,-cash— Chicago, No. 1, spring................................. Chicago, No. 2, winter Chicago, range of two grades......................... Kansas City, No. 2, winter .................... Minneapolis, No. 1, spring............................. Portland, Oreg., No. 1, hard white............. Hay: Alfalfa, No. 1........................................................... Timothy, No. 1....................................................... Hides: Calfskins, No. 1 Goatskins, Brazil... .................. Green, salted, packers’— Heavy native steers........................................ Heavy Texas steers........................................ Hops: New York State....................... ‘ ............................ Pacific c o a st............. ................................... Live stock (for food): Cattle, steers— Choice to prime................................................ Good to choice................................................. Hogs— Heavy................................................................ • Light.................................................................. Sheep...... .................. Ewes, poor to best Lambs, good to choice __ _ Wethers, common to best............................. Wethers, western............................................ Peanuts, No. 1 grade..................................................... Poultry, live fowls: Chicago..................................................................... New York................................................................ Tobacco, Burley, dark red........................................... Farm products..................................................... $654,960 , 16.15 1 31,470 i .78 4.45 12.93 6.64 2.99 1.53 76,236 .83 .19 .21 50,753 1.25 .35 307,661 7.59 2.09 128,841 23,103 3.18 .57 .88 .16 819,894 20.21 5.57 143,798 $1,190,508 610,942 3.55 | .98 95,135 1.03 .24 260,653 386,169 213,217 55,299 2.83 4.19 2.32 .60 .65 .97 .53 .14 70,183 312,972 .76 3.40 .18 .79 609,218 621,258 106,474 6.62 6.75 1.16 1.53 1.56 .27 152,345 204,206 1.65 2.22 .38 .51 48,394 177,111 .53 1.92 .12 .44 151,894 3.74 1.03 191,950 83,432 2.09 .91 .48 .21 9,654 .24 .07 12,391 23,745 .13 .26 .03 .06 304,211 534,933 7.50 13.19 2.07 3.64 659,338 1,200,827 7.16 13.04 1.65 3.01 144,703 422,005 3.57 10.40 .98 2.87 271,104 843,344 2.94 9.16 .68 2.12 50,504 10,410 1.25 .26 .34 .07 20,111 128,014 12,009 .22 1.39 .13 .05 .32 .03 73,590 193,648 4,056,032 35,429 .39 .09 .77 .18 .50 1.32 70,940 86,884 376,146 .94 4.09 .94 100.00 27.58 9,206,084 100.00 23.09 $62,920 0.65 0.16 13,912 42,007 6.070 .14 .43 .06 .11 .02 1.81 4.77 .22 Group II.—Food, etc. Beans, medium, choice...............* ................................ Butter: BostonCreamery, extra. i ........... ............................... Creamery, firsts............................................... Creamerv, seconds........................................... $34,579 0.89 0.24 225 .03 226 WHOLESALE PRICES, 1890 TO 1920. A p p e n d i x B . — Relative importance o f com m odities, as measured by values in exchange in 1909 and 1920 — Continued. their .wholesale Group II.—Food, etc.—Continued. 1920 1909 Commodity. Butter—Concluded. Chicago— Creamery, extra............................................... Creamery ^standards...................................... Creamery, firsts............................................... Cincinnati—" ' Creamery, extra............................................... Creamery^ firsts................................................ Creamery, seconds.......................................... Elgin, 111., creamery, Elgin.................................. St.^Louis, creamery, extra.................................... New Orleans— Creamery, fancy............................................... Creamery ^choice............................................. New York— ' Creamery, extra............................................... Creamery, firsts............................................... Creamery, seconds.......................................... Dairy................................................................. Philadelphia— Creamery, extra............................................... Creamery, extra firsts..................................... Creamery, firsts............................................... San Francisco— Creamery, extra............................................... Creamery, firsts............................................... Canned goods: C o rn No. 2 fancy........................................................ No. 2 standard................................................. Peas— No. 2 sifted........................................................ Western, No. 5, sieve...................................... Tomatoes, standard New Jersey......................... Cheese: Chicago, American twins...................................... New York, average, fancy.................................... San Francisco, California flats............................. Coffee, Rio, No. 7........................................................... Eggs: Boston, firsts, western........................................... Chicago, firsts, fresh............................................... Cincinnati, firsts, fresh.......................................... New Orleans, candled, western........................... New York, firsts, fresn.......................................... New York, new laid, near-by, fancy.................. Philadlephia, extra firsts...................................... San Francisco, fresh............................................... Fish: CodDry bank, Boston........................................... Large, shore, Gloucester................................. HerringNova Scotia, split............................................ Domestic, split................................................. Mackerel, salt, large, No. 3s................................. Salmon, canned— Alaska, red........................................................ Chinock, fancy, Is........................................... Flour: Buckwheat.............................................................. Rye— Minneapolis, medium straight..................... New York......................................................... i Less than one-hundred+h of 1 per oent. Value in exchange (expressed in thou sands). $100,552 Value of commodity expressed as percentage of aggregate value of— Com AH modi com ties in mod group. ities. 2.59 2.61 .69 92,210 2.37 .63 13,536 .35 .09 16,524 .43 .11 24,852 .64 .17 52,516 1.35 .36 81,310 2.09 .55 7.50 .12 .03 3,032 .08 .02 1,946 .05 .01 31,333 .81 .21 4,740 .12 .03 .18 $59,551 182,651 27,481 0.61 1.88 .28 3,336 9,755 1,483 .03 .10 .02 0.15 .46 .07 .01 .02 0) 28,1.44 .29 .07 3,382 10,610 0.04 .11 0.01 .03 29,564 87,967 12,410 .30 .91 .13 .07 .22 .03 14,473 44,757 6,459 .15 .46 .07 .04 . 11 .02 3,218 10,025 .03 .10 .01 .03 16,536 .17 .04 18,209 46,584 .19 .48 .05 .12 37,005 38,816 21,721 124,405 .38 .40 .22 1.28 .09 .10 .05 .31 52,414 119,497 49,606 42,196 131,868 .54 1.23 .51 .43 1.36 . 13 .30 . 12 .11 .33 55,268 48,512 .57 .50 . 14 .12 6,322 .07 .02 3,972 3,278 .04 .03 .01 .01 65,360 .67 .16 11,152 . 11 .03 16,266 .17 .04 1.98 4,809. 7,150 Com All modi com ties in mod group. ities. 0.68 101,490 291,537 Value in exchange (expressed in thou sands). Value of commodity expressed as percentage of aggregate value of— .05 RELATIVE IMPORTANCE OF COMMODITIES, 2 2 7 A ppendix B . — Relative importance o f com m odities , as measured by their wholesale values in exchange m 1909 and 1920 — Continued. Group II.— Food, etc.—Continued. 1920 1909 Commodity. Flour—Concluded. Wheat— Kansas City, patents...................................... Kansas City^ straights.................................... Minneapolis, standard patents..................... Minneapolis, second patents......................... New York, spring patents............................. New York^ winter straights.......................... Portland, standard patents........................... St. Louis, patents. ...................................... St. Louis^ straights.......................................... Toledo, patent T............................................... Fruit: Apples, Baldwin..................................................... Bananas, Jamaica, 9s............................................. Currants^ uncleaned, in barrels........................... Lemons, California................................................. Oranges, California................................................. Prunes, California................................................... Raisins, California.................................................. Glucose, 42 , mixing..................................................... Lard, prime, contract................................................. Meal, corn: Fine white.............................................................. Fine white................................................................ Fine yellow.............................................................. White table.............................................................. Meat: B aconShort clear sides............................................... Short rib sides.................................................. Beef, fresh— Chicago, good native steers............................ New York, native sides................................. Beef, salt, extra, mess.......................................... Hams, smoked......................................................... Lambs, dressed, round.......................................... Mutton, dressed................................................... Pork, salt, mess....................................................... Poultry, dressed fowls— Chicago, iced..................................................... New York..............; ......................................... Veal, good to prime................................................ Milk, fresh: Chicago (vicinity)................................................... New York (vicinity).............................................. San Francisco (vicinity)........................................ Molasses, New Orleans, open kettle......................... Oleomargarine, standard quality............................... Oleo oil, extra................................................................. Olive oil, Spanish.......................................................... Rice: Domestic, choice, head.......................................... Domestic, Blue Rose.............................................. Honduras, head....................................................... Salt, American, medium.............................................. Spices: Pepper, black, Singapore............................... Sugar: 96° centrifugal.......................................................... Granulated, in barrels........................................... Tallow: Chicago, packers’ prime........................................ New York................................................................ Tea: Formosa, fine........................................................ Value in exchange (expressed in thou sands). $463,299 146,234 Value of commodity expressed as percentage of aggregate value of— Com AH modi com ties in mod group. ities. 11.92 3.76 Value in exchange (expressed in thou sands). Value of commodity expressed as percentage of aggregate value of— Com AH modi com ties in mod group. ities. $201,580 62,126 306,025 98,719 2.07 .64 3.15 1.02 .51 . 16 .77 .25 266,282 148,376 44,291 191,172 2. 74 1.53 .46 1.97 .67 .37 .11 .48 155,396 104,914 5,310 17,793 124,077 20,361 66,884 41,462 248,217 1.60 1.08 .05 .18 1.28 .21 .69 0.43 2.55 .39 .26 .01 .04 .31 .05 . 17 0.10 .62 3.15 .99 1,939 .05 .01 7,370 18,163 19,047 145,374 .19 .47 0.49 3.74 .05 .12 0.13 .99 43,350 1.12 .30 42,961 1.11 .29 83,005 .85 .21 107,556 1.11 .27 43,480 42,035 1.12 1.08 .30 .29 76,582 71,281 .79 .73 .19 .18 230,464 199,735 6,966 103,472 5.93 5.14 .18 2.66 1.57 1.36 .05 .70 44,568 101,618 1.15 2.61 .30 .69 484,921 433,146 11,412 263,814 96,209 26,804 177,210 4.99 4.46 .12 2.71 .99 .28 1.82 1.22 1.09 .03 .66 .24 .07 .44 68,411 1.76 .47 68,031 81,384 80,000 .70 .84 .82 .17 .20 .20 261,919 6.74 1.78 19,492 .50 .13 223,793 234,642 135,609 58,029 44,081 30,974 14,228 2.30 2.41 1.40 .60 .45 .32 .15 .56 .59 .34 .15 .11 .08 .04 42,381 1.09 .29 18,096 2,577 .47 .07 .12 .02 45,002 23,266 60,318 5,139 .46 .24 .62 .05 .11 .06 .15 .01 252,641 350,661 6.50 9.02 1.72 2.38 822,348 1,138,541 8.46 11.71 2.06 2.86 26,641 12,071 26,445 .31 .68 .27 .07 .08 .18 38,266 .39 .io 228 A WHOLESALE PRICES, 1890 TO 1920. p p e n d ix B . — Relative im portance o f com m odities , as measured by their wholesale values in exchange in 1909 and 1920. Group II.—Food, etc.—Concluded. 1909 Value in exchange (expressed in thou sands). Commodity. 1920 Value of commodity expressed as percentage of aggregate value of— Com AH modi com ties in mod group. ities. Vegetables, fresh: Onions— Chicago.............................................................. New York......................................................... Potatoes, white— Good to choice................................................. Ordinary to fancy............................................ Vinegar, cider, 40-grain ................................................. $9,206 .24 .06 272,599 17,713 7.01 .46 1.85 .12 Pood, etc............................................................... 3,876,403 100.00 26.34 Value in exchange (expressed in thou sands). Value of commodity expressed as percentage of aggregate value of— Com All modi com ties in mod group. ities. $17,942 .18 .04 1,035,808 10.66 2.60 31,981 .33 .08 9,720,110 100.00 24.40 $5,719 0.10 0.01 3,218 . 05 .01 34,686 36,744 .58 .62 .09 .09 48,783 168,104 124,973 141,445 156,562 44,429 .82 2.82 2.10 2.38 2.63 . 75 .12 .42 .31 0.35 .39 .11 220,618 140,454 204,543 3. 70 2.36 3.43 55,693 .94 .14 Group III.—Cloths and clothing. Blankets: All-wool— 5 pounds to the pair........................................ 4 to 5 pounds to the pair................................ Cotton— 2 pounds to the pair........................................ 5 pounds to the pair........................................ Boots and shoes: Children’s, gun metal, button............................. Little boys’, gun metal, blucher.......................... Men’s— Brogans, split................................................... Tan grain, blucher.......................................... Vici calf, blucher.............................................. Gun metal, blucher......................................... Gun metal, button.......................................... Vici kid, Goodyear welt................................. Misses, vici, patent tip, button............................ Women’s— Kid, lace, Goodyear welt._.......................... Patent leather pump...................................... Kid, lace, McKay sewed................................ Solid grain......................................................... Youths’, gun metal, blucher................................ Broadcloth, first quality, black.................................. Carpets: Brussels, Bigelow, 5-frame.................................... Lowell, ingrain, 2-ply............................................ Axminster, Bigelow............................................... Wilton, Bigelow, 5-frame...................................... Cotton flannel: Colored, 2f yards to the pound............................ Unbleached, 3J yards to the pound.................... Cotton thread...................: ............................................. Cotton yams, carded, mule-spun: 10/1, white, northern, cones.................................. 20/2, white, northern, cones, twisted.................. 22/1, white, northern, cones.................................. 40/2, white, northern, cones, twisted........... Denims, 2.20 yards to the pound................................ Drillings, brown: Pepperell......................................... ................. Massachusetts D standard.................................... Stark A ..................................................................... Flannels, all-wool, white.............................................. Ginghams: Amoskeag................................................................. Lancaster......... ........................................................ $$3,002 791 0.18 .05 0.02 .01 37,555 2.28 .26 92,323 5.60 .63 81,370 4.94 0.55 i .55 .35 .51 90,024 5.46 .61 40,337 2. 45 .27 6,307 6,144 .38 .37 .04 .04 22,603 .38 .06 1.10 .70 .16 .10 13,584 .82 .09 65,739 41,586 15,654 11,056 20,651 .95 .67 1.25 .11 .08 .14 91,890 59,227 51,521 1.54 .99 .87 .23 .15 .13 47,730 2.90 .32 54,840 3.33 .37 101,024 58,180 113,642 114,928 45,620 1.70 .98 1.91 1.93 .77 .25 .15 .29 .29 .11 42,430 39,213 .71 .66 .11 .10 13,675 .83 .09 10,942 .66 .07 11,265 1, 771 .68 .11 .08 .01 3,996 .07 .01 21,067 21,354 1.28 1.30 .14 .15 79,958 79,420 1.34 1.33 .20 .20 229 RELATIVE IMPORTANCE OE COMMODITIES, A p p e n d ix B . — Relative importance o f com m odities , as measured by their wholesale values in exchange i n 1909 and 1920 — Continued. Group III.—Cloths and clothing—Continued. 1920 1909 Commodity. Hosiery: Men’s— Cotton half hose, 22-ounce............................. Cotton half hose^ 17-ounce............................. Seamless, cashmere, half hose....................... Women’ s— Full-fashioned................................................. Silk mercerized, mock seam......................... Seamless, single thread................................... Cotton hose, 16-ounce..................................... Leather: Calf, chrome, B grade............................................ Glazed kid, black................................................... Harness, oak— California, N o .l............................................... No. 1,17 pounds and up................................ Side black, chrome, B grade......................... Sole— Hemlock, middle 5, No. 1.............................. Oak, scoured backs, heavy............................ Linen shoe thread, 10s................................................... Overcoatings: Covert cloth.............................................................. Kersey, 27 to 28 ounce............................................ Kersey, wool-dyed, 56-inch.................................. Soft faced, black, plain twill................................. Print cloths: 27-inch....................................................................... 28-inch....................................................................... Sheetings: Bleached— Pepperell, 10-4................................................. Wamsutta, 10-4............................................... Brown— Indian Head, 4-4.............................................. Lawrence, L. L ., 4-4....................................... Pepperell R, 4-4............................................... Ware Shoals L. L ., 4-4.......................................... Shirtings, bleached muslin, 4-4: Fruit of the Loom................................................... Lonsdale (new construction)............................... Lonsdale (old construction).................................. Rough Rider............................................................ Wamsutta .............................. Silk, raw: Italian, classical...................................................... Japan, Kansai, No. 1............................................. Japan, special extra............................................... Suitings: Clay worsted, diagonalb ounce............................................................. 16-ounce............................................................. Middlesex, wool-dyed, blue— 14-ounce............................................................. 15-ounce............................................................. Serge, 11-ounce........................................................ Tickings, Amoskeag, A . C. A ....................................... Trousering: Fancy worsted......................................................... 11-114 ounce, cotton warp..................................... Underwear: All-wool, shirts and drawers................................ CottonMen’s shirts and drawers............................... Women’s union suits...................................... Merino— Men’s shirts and drawers, 60 per cent wool. Men’s shirts and drawers, 60 per cent wool. Union suits, 33 per cent wool........................ Value of Value of commodity commodity expressed in expressed in Value in percentage of Value in percentage of aggregate aggregate exchange exchange value of— value of— (expressed (expressed in thou in thou Com All Com All sands). sands). modi com modi com ties in mod ties in mod group. ities. group. ities. $20,103 1.22 0.14 23,418 1.42 .16 19,753 1.20 .13 43,975 2.67 .30 37,568 2.28 . 26 36,553 36,108 3,407 2.22 2.19 .21 .25 .25 .02 4,018 4,018 4,019 .24 .24 .24 .03 .03 .03 $66,666 10,614 1.12 .18 0.17 .03 74,994 1.26 .19 76,169 1.28 .19 187,345 225,483 3.15 3. 79 .47 .57 71,032 1.19 .18 88,214 1. 48 .22 76,576 74,912 9,468 1.29 1.26 .16 .19 .19 .02 22,798 .38 .06 372,284 6. 25 .93 106,494 6.46 .72 11,111 11,111 .67 .67 .08 .08 34,237 47,271 .57 .79 .09 .12 7,408 7,408 7,408 .45 . 45 .45 .05 .05 .05 25,143 .42 .06 27,247 27,848 .46 .47 .07 .07 11,111 .67 .08 42,035 37,316 .71 .63 .11 .09 11,111 11,672 11,111 .67 .71 .67 .08 .08 .08 35,695 50,053 .60 .84 .09 .13 25,404 66,847 1.54 4.06 .17 .45 144,108 52,712 2.42 .89 .36 .13 24,712 29,654 1.50 1.80 .17 .20 76,000 100,454 1.28 1.69 .19 .25 31,451 1.91 .21 2i,343 13,675 1.30 .83 .15 .09 83,458 75,932 54,670 1.40 1.27 .92 .21 .19 .14 49,611 3.01 .34 31,800 .53 .08 4,806 .29 .03 305,128 46,349 5.12 .78 .77 .12 84,956 16,825 1.43 .28 .21 .04 45,648 2 .7 1 .31 1 2 3 0 WHOLESALE PRICES, 1890 TO 1920. A ppendix B . — Relative im portance o f com m odities , as measured by their wholesale values i n exchange in 1909 and 1920 — Continued. Group III.—Cloths and clothing—Concluded. 1909 Value in exchange (expressed in thou sands). Commodity. Women’s dress goods: All-w oolCashmere, 35-inch............................................ French serge, 35-inch...................................... Panama cloth, 54-inch.................................... Storm serge, double warp.............................. Broadcloth, 54-56 inches................................ Cotton-warp— Cashmere, Atlantic Mills............................... Cashmere, Hamilton Mills............................ Poplar cloth, 36-inch...................................... Sicilian cloth, 50-inch..................................... Wool, Ohio, scoured fleece: Fine (X and X X grades)...................................... Fine clothing........................................................... Fine delaine............................................................. Half blood................................................................ Medium (| and § grades)...................................... Medium (£ and § grades)...................................... Worsted yarns: 2-40s, Australian fine............................................. 2-40s, half blood...................................................... 2-32s, crossbred stock.............................................. 2-50s, fine.................................................................. Cloths and clothing............................................. 1920 Value of commodity expressed in percentage of aggregate value of— Com All modi com ties in mod group. ities. $25,057 1.52 0.17 32,869 1.99 .22 4,350 3,689 3,722 4,659 .26 .22 .23 .28 .03 .03 .03 .03 86,224 5.23 .59 38,078 2.31 .26 82,438 5.00 .56 23,299 1.41 .16 1,647,863 Value in exchange (expressed in thou sands). 100.00 11.23 Value of commodity expressed m percentage of vafue^of— Com All modi com ties in mod group. ities. $51,977 0.87 6.13 45,056 114,385 .76 1.92 .11 .29 13,980 15,066 .23 .25 .04 .04 125,195 53,217 58,142 2.10 .89 .98 .31 . 13 .15 45,412 .76 .11 107,978 1.81 125,725 2.11 .32 5,954,927 100.00 14.94 $4,459 0.11 0.01 54,148” 215,42S 124,800 192,121 1.29 5.12 2.97 4.57 . 14 .54 .31 .48 46,054 .77 .27 . 12 Group IV.—Fuel and lighting. Alcohol, denatured, 180 proof...................................... Candles, Adamantine, 6s, 14-oz...................... ........... Coal: Anthracite— Broken............................................................... Chestnut............................................................ Egg..................................................................... Stove.................................................................. Bituminous— Georges Creek at mine.................................. New River........................................................ Georges Creek, New York............................. Pocahontas....................................................... Y oughiogheny................................................. Cincinnati, run of mine.................................. Chicago, prepared sizes.................................. Chicago, run of mine...................................... Chicago, screenings......................................... Pittsburgh, prepared sizes............................. St. Louis, run of mine.................................... Coke, Connelsville, furnace.......................................... Gasoline, motor.............................................................. Matches: Domestic, parlor..................................................... Bird’s Eye, Safe Home, and Searchlight.......... Petroleum: CrudeCalifornia.......................................................... Kansas-Oklahoma........................................... Pennsylvania . ............................................... Refined— 110° fire test, S. W ..................................... 150° fire test, W. W ................................... Fuel and lighting......................................... $2,789 0.18 0.02 25,265 109,279 65,147 98,228 1.66 7.20 4.29 6.47 .17 .74 .44 .67 132,442 8.72 .90 293,049 19.30 1.99 217,522 14.33 199,609 4.74 .50 399,047 9.48 1.00 185,726 231,184 44,507 81,136 595,367 279,905 426,941 158,424 4.41 5.49 1.06 1.93 14.15 6.65 10.15 3.76 .47 .58 . 11 .20 1.49 . 70 1.07 .40 17,674 .42 .04 i. 48 79,027 5.21 .54 i 18,107 1.19 .12 304,668 20.07 2.07 113,076 249,390 218,888 2.69 5.93 5.20 .28 .63 69,923 102,581 4.61 6.76 .48 .70 195,783 220,152 4.65 5.23 .49 100.00 10.32 4,207,765 100.00 10.54 1,518,027 .55 .55 2 3 1 RELATIVE IMPORTANCE OF COMMODITIES, A ppendix B . — Relative importance o f com m odities , as measured by their wholesale values i n exchange in 1909 and 1920 — Continued. Group V.—Metals and metal products. 1920 1909 Value in exchange (expressed in thou sands). Commodity. Bar iron: Best refined, Philadelphia.................................... Common, Pittsburgh.".......................................... Copper: Ingot............................................. Wire, bare, No. 8.................................................... Iron ore, Mesabi, Bessemer......................................... Lead, pig, desilvered..................................................... Lead pipe........................................................ Nails, wire, 8-penny...................................................... Pig iron: Basic...................................................................... Bessemer.................................................................. FoundryNo. 1................................................................... No. 2, northern................................................ No. 2, southern................................................ Gray forge, southern.............................................. Pipe, cast-iron, 6-inch................................................... Silver, bar, fine.............................................................. Steel: Billets, Bessemer................................................ Plates, tank, J inch thick..................................... Pails, standard— Bessemer............................................ Open hearth..................................................... Structural................................................................. Tin: Pig............................................................................. Plate, coke— New York.................................................... Pittsburgh........................................................ Wire: Barbed, galvanized............................................. Plain annealed........................................................ Zinc: Sheet......................................................................... Spelter (pig zinc), western.................................... Metals and metal products............................... Value of commodity expressed as percentage of vfiue§of— Com All modi com ties in mod group. ities. Value in exchange (expressed in thou sands). Value of commodity expressed as percentage of aggregate value of— Com All modi com ties in mod group. ities. $19,065 15,816 2.29 1.90 0.13 .11 $52,322 47,664 2.08 1.90 0.13 .12 172,061 41,370 20.62 4.96 1.17 .28 31,409 5,100 26,673 3. 76 .61 3.20 .21 .03 .18 235,845 61,037 372,609 59,158 10,296 58,259 9.39 2.43 14.83 2.35 . 41 2.32 . 59 .le .93 . 15 .03 . 15 20,333 2.44 .14 73,633 51,928 2.93 2.07 . 18 .13 45,529 41,961 5.46 5.03 .31 .29 114,813 113,806 .92 4.57 4.53 .29 .29 7,648 .05 79,267 9.50 .54 84,857 154,188 3.38 6.14 .21 .39 122,390 14.67 .83 279,723 172,422 11.13 6.86 .70 .43 84,672 10.15 .58 91,578 67,660 158,401 3.64 2.69 6.30 .23 . 17 .40 27,879 3.34 .19 47,378 1.89 .12 48,458 5.81 .33 98,008 3.90 .25 15,266 1.83 .10 30,572 32,172 1.22 1.28 .08 .08 3,826 25,616 .46 3.07 .03 .17 6,531 37,564 .26 1.50 .02 .09 834,339 100.00 5.67 2,512,424 100.00 6. 31 0.43 .63 $37,343 57,011 71,332 117,940 0. 70 1.07 1.34 2. 22 0.09 .14 .18 .30 .03 .05 18,521 20,118 .35 .38 .05 .05 23,881 22,687 62,986 100,617 .45 .43 1.18 1.89 .06 .06 .16 .25- 108,957 66,467 2.05 1.25 .27 .17 Group VI.—Building materials. Brick, common: Chicago, salmon...................................... Cincinnati, red, building...................... New York, red, building...................... Cement, Portland, domestic........................ Glass: Plate, polished, glazing— 3 to 5 square feet......................... 5 to 10 square feet............................ Window, American, single, 25-inch— A A ...................................................... A ......................................................... B ......................................................... Lath, eastern spruce, 1J-inch slab............. Lime, common............................................... Lumber: Douglas fir— No. 1................................................... No. 2 and better............................... $62,526 92,375 3.71 5.48 5,014 7,003 8,030 .48 "6,399 24*326 .05 .04 1.44 .17 WHOLESALE PRICES, 1890 TO 1920. 2 3 2 A ppendix B .— Relative importance o f commodities, as measured by their wholesale values in exchange in 1909 and 1920 — Continued. Group VI.—Building materials—Concluded. 1909 Value in exchange (expressed in thou sands). Commodity. Lumber—Conclud ed. Hemlock.................................................................... Maple......................................................................... Oak, white— Plain................................................................... Quartered.......................................................... Pine— White, boards, No. 2, barn........................... White, boards, uppers................................ Y ellow, flooring............................................... Yellow, siding, New York............................. Yellow, siding, Norfolk.................................. Poplar, yellow.................................................. Spruce, eastern........................................................ Paint materials: Lead, carbonate of (white lead).......................... Linseed oil, raw....................................................... Turpentine, spirits of............................................. Zinc, oxide of (zinc, white).................................. Putty................................................................................ Rosin, common to good, strained............................... Shingles, 16 inches long: Cypress...................................................................... Red cedar.................................................................. Building materials.......................................... 1920 Value of commodity expressed as percentage of aggregate value of— Com All modi com ties in mod group. ities. Value in exchange (expressed in thou sands). Value of commodity expressed as percentage of aggregate value of— Com All modi com ties in mod group. ities. $62,800 34,317 3.73 2.04 0.43 .23 $172,890 159,131 3.25 2.99 0.43 .40 71,221 248,193 4.23 14.73 .48 1.69 301,065 871,864 5.66 16.40 .76 2.19 130,236 36,286 466,262 201,687 7.73 2.15 27.67 11.97 .89 .25 3.17 1.37 295,425 70,844 1,479,324 5.56 1.33 27.83 .74 .18 3.71 49,500 44,162 2.94 2.62 .34 .30 584,458 168,364 125,928 10.99 3.17 2.37 1.47 .42 .32 15,749 59,466 14,609 7,422 762 12,856 .93 3.53 .87 .44 .05 . 76 .11 .40 .10 .05 .01 .09 37,654 149,558 51,621 12,776 3,493 56,116 .71 2.81 .97 .24 .07 1.06 .09 .38 .13 .03 .01 .14 24,060 1.43 .16 11,189 56,703 .21 1.07 .03 .14 100.00 11.47 5,316,263 100.00 13.35 0.42 $1,383 .91 .44 3.28 0) 0.01 .01 .04 55.15 6. 92 2.68 .86 1.46 .62 6.75 .76 .43 .65 .08 .03 .01 .02 .01 .08 .01 .01 .65 2.98 5.15 9.17 1.37 .01 .03 .06 .11 .02 466,695 100.00 1.19 $28,474 14,391 9.61 4.86 0.07 .04 1,685,261 Group VII.—Chemicals and drugs. Acids: Acetic, 28°................................................................ $1,968 0. 75 0.01 Muriatic, 20°............................................................ 4,227 Nitric, 42°................................................................ 2,077 7.44 13,672 Sulphuric, 66°.......................................................... .09 15,313 Alcohol: Grain, 190 proof, U . S . P ...................................... 128,027 69.68 .87 257,400 6,318 Wood, refined, 95 per cent................. ................. .04 32,306 3. 44 Alum , lum p.................................................................... 2.66 4,881 12,497 .03 Ammonia, anhydrous........... .•..................................... 4,017 6,812 Borax, crystals............................................................... Copper, sulphate............................................................ 2,881 11.41 .14 Glycerin, refined............................................................ 20,970 31,504 2,264 .02 Opium, natural, in cases............................................. 1.23 3,545 .18 Quinine, manufacturers’ quotations....................... 325 1,999 C1) Soda: Carbonate................................................................. 3,034 Caustic...................................................................... 13,898 Nitrate of (Chili saltpeter)................................... 24,038 42,788 Soda ash.......................................................................... 3. 21 5,896 .04 Sulphur, crude (brimstone)........................................ 6,391 Chemicals and drugs.......................................... 183,736 100.00 1.24 Group VIII.—House-furnishing goods. Earthenware: Plates, 7-inch— Cream-colored.................................................. White granite................................................... Teacups and saucers.............................................. $4,924 4,924 4,925 7.62 7.62 7.62 0.03 .03 .03 , 233 RELATIVE IMPORTANCE OF COMMODITIES, A p p e n d i x B .— Relative importance o f commodities, as measured by their wholesale values in exchange in 1909 and 1920 — Concluded. Group VIII.—House furnishing goods—Concluded. 1920 1909 Value in exchange (expressed in thou sands). Commodity. Furniture: Bedroom sets, 3 pieces........................................... Chairs, bedroom".................................................... Chairs^ kitchen.................................................. Tables, kitchen..................................................... Glassware, common: Nappies, 4-inch..................................................... Pitchers*, ^-gallon.................................................... Tumblers" table, $-pint....................................... Table cutlery *: Carvers, 8-inch........................................................ Knives and forks.................................................... Pails: Wooden, 3-hoop...................................................... Galvanized-iron, 10-quart..................................... Tubs: Wooden, 3 in nest, 19-23 inches........................... Galvanized-iron, No. 3 .......................................... House-furnishing goods..................................... Value of commodity expressed as percentage of aggregate value of— Com All modi com ties in mod group. ities. Value in exchange (expressed in thou sands). Value of commodity expressed as percentage of aggregate value of— Com All modi com ties in mod group. ities. $28,764 1,764 6,577 2,744 44.50 2.73 10.18 4.25 0.20 .01 .01 .02 $180,237 15,424 27,014 9,582 60. 84 5. 21 9.12 3.23 0.45 .01 .07 .02 627 5,338 1,568 .97 8. 26 2.43 0) .04 .01 1,685 10,164 3,740 .57 3. 43 1.26 0) .03 .01 461 510 .71 .79 8 953 1,503 .32 .51 G) 0) 77 .12 (>) 172 .06 C1) 1,429 2. 21 .01 64,632 100.00 .42 2,899 .98 .01 296,239 100.00 .74 $192,680 110,284 182,276 19,032 30,029 20,293 233,293 8. 88 5. 08 8. 40 . 88 1.38 .94 10. 75 0. 48 .28 . 46 .05 .08 . 05 .59 Group IX .—Miscellaneous. Bran.................................................................................. Cottonseed meal, prime................................................ Cottonseed oil, prime................................... Hemp, manila................................................................ Jute, raw...................................................... Linseed meal............................. ...... Lubricating oil, paraffin................................................ Malt, standard keg beer............................................... Millfeed, middlings........................................................ Paper: News, wood, roll, contract.................................... Wrapping, manila, No. 1, jute........... Phosphate rock.............................................................. Rope, pure, manila........................................................ Rubber, Para, island, fine............................................ Sisal, Mexican............................................................... Soap, laundry: 100 bars to a box of 68$ pounds........................... 100 bars to a box of 75 pounds............................. Soap, toilet...................................................................... Starch, laundry.............................................................. Tankage, crushed slaughterhouse............................. Tobacco: Climax— 12 pieces to the pound.................................... 14§ ounces to the plug................. Smoking, granulated— Blackwell's Bull Durham.............................. Seal of North Carolina........................ Vegetable oil, crude: Coconut..................................................................... Soya bean................................................................. Wood pulp, sulphite, domestic................................... Miscellaneous................................... All commodities...................... ...... 1 Less than one-hundredth of 1 per cent. ...... $53,662 69,649 6.36 8.25 0.36 .47 9,947 1.18 .07 37,440 4. 44 .25 48,957 72,491 5. 80 8.59 .33 .49 12,629 125,245 1. 50 14. 84 .09 .85 180,968 29,807 21.45 3. 53 1.23 .20 81,506 9. 66 .55 121,425 14.39 .83 843,726 14, 710,019 ioo. po 5. 72 105,337 4. 86 .26 140,673 224,494 20, 640 41,297 28,153 14, 079 6. 48 10.35 .95 1.90 1.30 .65 .35 .56 .05 . 10 .07 .04 81,975 81,589 3. 78 3. 76 .21 .20 63,981 15,072 2. 95 . 70 .16 .04 163,152 7.52 .41 223,061 10.28 . 56 13,450 4,234 160,259 .62 .20 7.39 .03 .01 .40 2,169,333 100. 00 100.00 39,849,840 5. 44 100. 00 A P P E N D I X C .— W H O L E S A L E P R IC E S I N O T H E R C O U N T R I E S . AUSTRALIA. Index numbers showing the course of wholesale prices in Australia are ublished in the Quarterly Summary of Australian Statistics, issued y the Commonwealth Bureau of Census and Statistics, Melbourne.6 In the following table are given index numbers for the period from 1861 to 1920, arranged by commodity groups, the year 1911 being used as the base period and monthly data for 1920 being included. P IN D E X NUMBERS OF W H O LESALE PRICES IN M ELBOURNE, AU S T R A L IA , B Y GROUPS OF COMMODITIES, 1861 TO 1920. [Source: Quarterly Summary of Australian Statistics, Bulletin No. 82, December, 1920, page 79.] (Base: 1911=1000.) Year. Jute, Agricul Metals leather, Building Chem All com tural Dairy Meat. materials. and coal. icals. modities. produce, produce. Groceries. etc. etc. 1861....................... 1871....................... 1881..................... 1891....................... 1901....................... 1902....................... 1903....................... 1904....................... 1905....................... 1906..'.................. 1907....................... 1908....................... 1909....................... 1910....................... 1911....................... 1912....................... 1438 1096 1178 895 10611007 923 821 772 882 1037 1033 1014 1004 1000 1021 1913....................... 1914....................... 1915....................... 1916....................... 1917....................... 1918....................... 1919....................... 1920....................... January........... February......... March............... April................ May.................. June.................. July.................. August............. September....... October............ November....... December........ 1046 1099 1284 1695 2129 2416 2125 2298 2079 2112 2258 2258 2351 2351 2322 2306 2326 2440 2440 2280 1381 1257 1115 847 774 756 834 885 850 978 1017 901 907 1052 1000 991 1070 1032 1017 1423 2008 2360 2363 2624 2972 3085 3055 2977 2884 2828 2742 2733 2421 2180 1961 1660 1583 1236 1012 1024 928 1192 1209 754 894 916 973 1312 1000 969 1000 1370 1097 1207 2162 1208 1157 1444 1985 2439 2420 2424 2411 2497 2692 2792 2605 2547 2643 2227 2201 2060 1008 864 935 995 1029 1215 1059 876 980 972 1020 1198 1119 1100 1000 1206 1054 1137 1530 1485 1423 1454 1651 2209 1722 1792 1942 2035 2124 2249 2266 2272 2519 2574 2544 2522 1963 1586 1421 1032 1048 945 926 916 942 923 948 968 978 999 1000 1052 1024 1021 1133 1322 1343 1422 1516 1918 1605 1659 1653 1985 2028 2013 1990 1994 2025 2026 2014 2043 888 1345 1447 1443 1427 1209 1110 1294 1335 1088 1008 1000 1357 1252 1507 2435 2515 2403 2385 2348 3279 2377 2409 2360 2595 2749 3370 4230 4604 4425 3661 3427 3136 1070 1044 1091 780 841 837 875 845 801 896 968 935 911 996 1000 1057 1128 1081 1275 1491 1884 2686 2851 3226 3090 3141 3262 3262 3367 3367 3362 3414 3235 3161 3077 2970 2030 1409 1587 1194 917 881 921 875 859 864 961 891 815 898 1000 978 995 1253 1528 1760 2171 3225 2898 2825 2746 2786 2868 2868 3047 3047 2906 2889 2825 2825 2615 2583 1538 1229 1121 945 974 1051 1049 890 910 948 1021 1115 993 1000 1000 1170 1088 1149 1604 1504 1662 1934 2055 2480 2311 2354 2383 2478 2567 2658 2671 2692 2618 2450 2371 2245 CAN AD A. The following table showing the course of wholesale prices, classified into commodity groups, in Canada during the years 1914 to 1920 has been reproduced from the January, 1921, issue of the Labor Gazette, published by the Department of Labor, Ottawa.7 The figures for the last three years are preliminary and subject to possible revision. 8 For a full explanation of the index numbers published by the Bureau of Census and Statistics of Aus tralia, see Bulletin No. 284 of the United States Bureau of Labor Statistics, pp. 175-184. 7 For a full explanation of the index numbers compiled by the Department of Labor of Canada, see Bulletin No. 284 of the United States Bureau of Labor Statistics, pp. 189-201. 234 DEPARTMENT OF LABOR INDEX NUMBERS OF W HOLESALE PRICES IN CANADA, B Y GROUPS OF COMMODITIES, 1914-1920. (Average prices, 1890-1899=100.) 1915 1916 1917 19181 19201 19191 Jan. July. Jan. July. Jan. July. Jan. July. Jan. July. Jan. July. Jan. Feb. Mar. Apr. May. June. July. Aug. Sept. Oct. Nov. Dec. Grains and fodder........... Animals and meats........ Dairy products................ Fish................................... Fruits and vegetables. . . Miscellaneous foods........ 140.9 194.2 179.9 153.9 125.2 112.9 150.4 195.7 131.3 148.9 131.2 112.5 191.7 177.9 177.5 160.0 115.1 133.4 191.2 195.0 141.2 137.9 103.5 138.8 181.0 196.3 186.7 163.7 169.6 143.2 179.0 231.7 160.5 155.9 170.5 153.6 238.1 249.2 242.6 183.8 234.9 177.7 296.3 293.4 210.3 201.5 308.2 215.9 319.8 325.0 259.0 236.3 258.4 225.3 314.2 369.4 251.0 240.9 280.2 246.0 272.3 343.7 294.4 268.3 246.1 257.7 330.0 389.7 286.4 223.3 239.7 251.2 368.4 350.0 352.3 245.1 317.0 282.3 377.7 350.7 333.1 244. 7 347.1 288.6 384.0 356.5 317.9 240.6 352.7 293.1 399.0 359.9 302.6 239.2 377.8 304.6 412.6 371.8 292.2 286.6 428.5 316.6 413.9 378.8 282.0 248.2 404.3 316.2 401.1 378.9 299.6 244.4 352.9 325.9 372.4 366.2 305.5 241.3 258.8 319.3 348.1 363.4 311.1 249.5 227.6 300.8 313.9 275.3 261.1 348.4 331.0 320.8 318. 7 322.1 340.0 243.2 236.5 211.2 242.5 226.1 287.3 271.3 256.5 Textiles............................. Hides,leather,and boots. Metals............................... Implements...................... Fuel and lighting........... Building materials: Lumber..................... Miscellaneous........... Paints, oils, etc........ House furnishings........... Drugs and chemicals — Miscellaneous: Raw furs.................... Liquors and tobacco. Sundries.................... 135.2 168.1 114.7 106.6 113.6 132.8 173.6 109.2 106.6 109.0 126.1 178.1 112.6 107.5 108.9 153.4 176.3 176.5 113.2 106.2 174.2 192.7 193.5 240.2 198.4 191.9 116.6 . 136. 7 122.0 125.6 215.7 285.9 210.6 161.4 180.9 268.5 277.4 274.4 194.5 229.7 326.9 261.8 259.7 199.0 188.1 370.4 283.5 283.8 223.8 242.4 383.6 280.7 242.8 241.4 246.8 364.3 385.3 197.6 238.4 229.8 414.0 387.6 227.4 248.4 251.1 419.4 400.8 236.7 243.7 254.4 420.9 363.2 250.2 250.3 254.7 428.7 391.8 254.2 250.3 289.3 422.0 344.6 253.2 250.3 304.1 410.5 297.9 247.0 251.7 330.1 398.3 292.2 248.7 255.4 348.0 392.8 282.8 249.0 256.8 352.7 387.4 264.4 246.1 273.4 349.9 382.4 255.8 242.2 273.2 349.2 357.5 250.7 231.9 273.2 319.3 183.5 114.0 140.2 128.8 111.1 183.2 110.8 140.6 128.8 111.6 178.0 108.2 142.9 131.9 135.0 174.1 120.3 162.1 138.7 174.2 178.1 132.4 193.9 146.7 250.4 182.2 153.6 197.4 152.6 249.0 189.6 178.4 227.5 179.5 258.5 222.3 215.3 261.7 212. 8 263.1 238.6 209.4 263.2 222.4 289.2 273.0 227.7 312.6 250.9 293.1 279.9 233.8 339.5 298.1 272.3 304.6 218.5 404.9 325.0 221.2 419.9 232.4 433.3 363.5 215.3 439.9 235.8 447.9 363.4 214.2 485.0 250.5 471.1 364.5 219.5 485.0 256.7 473.5 371.8 227.2 533.9 250.6 489.8 389.2 230.2 533.9 251.6 472.9 389.2 233.0 512.0 267.7 467.4 389.2 247.1 516.2 273.3 443.3 383.2 247.1 494.5 278.8 437.3 387.6 245.4 480.5 273.8 415.3 390.2 238.6 480.5 457.0 271.5 266.8 395.4 382.7 390.2 390.2 232^ 228.1 328.6 231.8 211.8 273.2 317.6 226.5 235.0 121.8 144.0 269.6 292.3 399.5 396.7 511.5 583.1 742.3 945.6 1785.3 1851.4 1851.4 1779.7 1072.1 900.3 915.9 868.2 868.2 868.2 459.4 364.6 138.8 128.3 137.9 134.7 136.7 136.7 161.3 164.1 202.2 222.9 258.7 274.1 317.3 314.0 316.3 316.3 316.8 320.8 315.1 315.1 307.8 303.7 303.7 298.0 109.3 106.2 113.6 116.3 135.1 142.1 165.8 194.5 200.8 218.9 207.4 214.2 248.1 212.0 205.3 207.5 212.2 216.5 215.8 215.2 214.4 215.7 208.9 210.3 All commodities.............. 136.5 134.6 138.9 150.2 172.1 180.9 212.7 248.7 258.7 284.0 286.5 294.0 336.4 343.5 349.0 353.1 356.6 349.3 346.8 330.2 326.6 317.6 304.2 290. 5 1 1 Preliminary figures. 235 WHOLESALE PRICES IN OTHER COUNTRIES. 686 4 3°— 22— B ull. 296- 1914 Commodity group. WHOLESALE PRICES, 1890 TO 1920. 2 3 6 The course of wholesale prices by years from 1890 to 1920, inclusive, is shown in the next table, wffich has been compiled from the Labor Gazette and from reports of the Department o f Labor of Canada. IN D E X NUMBERS OF W H O L ESAL E PRICES IN CANADA, B Y Y E A R S , 1890 TO 1920. [Source: The Labor Gazette and reports of the Department of Labor of Canada.] (Average prices 1890-1899=100.) Year. 1890...................... 1891............................ 1892........................... 1893............................ 1894........ 1895 . . . 1896............................ 1897............................ 1898 .. .............. 1899............................ 1900............................ Index number. 110.3 108.6 102. 8 102.5 97.2 95.6 92.5 92.2 96. 1 100. 1 108.2 Year. 1901............................ 1902............................ 1903............................ 1904............................ 1905............................ 1906............................ 1907............................ 1908............................ 1909............................ 1910............................ Index number. 107.0 109.0 110.5 111. 4 113.8 120.0 126.2 120.8 121.2 124.2 Year. 1911...................... 1912................. 1913...................... 1914...................... 1915................. 1916...................... 1917............................ 1918............................ 1919........................... 1920............................ Index number. 127.4 134.4 135.5 136.1 148.0 182.0 237.0 278.3 293.2 333.8 In a review of prices during 1920, the Labor Gazette for January, 1921 (p. 108), states that— The movement of prices in Canada during 1920 was marked by a steady decline after the month of May, all groups showing substantially lower levels by the autumn, except fuel. From March, 1919, to May, 1920, the rise in the general index number had been steady, the previous high point in November, 1918, at 290.9 having been passed in July, 1919, when 294.0 was reached. Both domestic and foreign demand for goods improved materially following the first few weeks of readjustment after hostilities ceased. Toward the end of 1919, however, there were indications that the upward movement was coming to an end. Livestock, meats, hides, leather, and some chemicals began to decline, and export markets (which had been the predomi nating influence in raising prices after the early part of 1919) began to exercise less demand. * * * Similar conditions affected other commodities also, raw furs, hides, metals (except iron and steel), wool, jute, later cotton and sugar, beginning to fall steadily until the end of the year, coming down to or near to prewar levels in many cases. Grain and livestock also fell steeply in the autumn, and the low prices realized so affected the purchasing power of farmers that production of goods m many lines was curtailed. Finally iron began to fall, and lumber with some other building materials receded also toward the end of the year. Pulp and paper markets became much weaker. Coal and coke continued to be a great exception to the general decline, but even these were easy to obtain as compared with earlier in the year, when at times high premiums over regular prices were paid to secure delivery. FRANCE. The quarterly bulletin issued by the General Statistical Office of France (Bulletin de la Statistique generate de la France et du Service d’observation des Prix) contains in each number a table showing index numbers of wholesale prices since 1913.8 The following table has been taken from the January, 1921, issue of the bulletin: 8 For a full explanation of the index numbers compiled by the General Statistical Office of France, see Bulletin No. 284 of the United States Bureau of Labor Statistics, pp. 206-209. 237 WHOLESALE PRICES IN OTHER COUNTRIES. INDEX NUMBERS OF WHOLESALE PRICES IN FRANCE, 1913, TO DECEMBER, 1920. [Source: Bulletin de la Statistique gen^rale de la France et du Service d’observation des Prix, January, 1921, p. 109.] (Base period, 1901-1910=100.) Period covered. Food stuffs (20 articles). 1913........................ 1914........................ 1915........................ 1916........................ 1917........................ 1918........................ 1919........................ 1920........................ 116.4 120.2 150.9 192.7 260.6 325.2 389.2 531.7 Indus trial mate Total (45 rials articles). (25 arti cles). 114.7 116.1 166.9 237.6 335.8 445.6 429.9 634.6 115.4 117.9 161.6 217.6 302.4 392.1 411.8 588.9 Period covered. 1920: First quarter... Second quarter. Third quarter.. Fourth quarter. October.......... November December........ Indus trial Food stuffs (20 mate rials articles). (25 arti cles). Total (45 articles). 648.2 694.7 639.1 556.7 609.3 548.8 512.0 602.3 628.2 586.7 538.4 580.0 532.6 502.6 545.0 545.2 521.2 515.5 543.2 512.3 490.9 GERMANY. Index numbers of wholesale prices for seven groups of commodi ties are compiled by the German Statistical Office (Statistischen Reichsamt), 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 Ger man 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 of the products by the sum of the weights. The articles included in each group are as follows: Group I— Rye, wheat, barley, oats, and potatoes. Group II— Butter, lard, sugar, beef, veal, pork, haddock, and codfish. Group III— Hops, cocoa, coffee, tea, and pepper. Group IV— Ox and cow hides, calfskins, sole leather, and box calf leather. Group V—Cotton, cotton yarn, cretonne, linen yarn, jute, and jute yarn. Group VI— Lead, copper, zinc, aluminum, refined nickel, and petro leum. Group V II— Pig iron, hard coal, and lignite. In the following talue are grouped together the commodities in Groups I, II, and V II (articles predominantly produced in Germany) and those in Groups III, IV, V, and VI (articles predominantly im ported from abroad) in order to show the contrast in the price move ment of domestic and imported commodities during 1920. 238 WHOLESALE PRICES, 1890 TO 1920, INDEX NUMBERS OF WHOLESALE PRICES OF DOMESTIC AND IMPORTED COMMODI TIES IN GERMANY, 1920. [Source: Wirtschaft und Statistikherausgegeben vom Statistischen Reichsamt, vol. 1, No. 7, p. 323, Berlin’ July, 1921.] (1913=100.) Index numbers. Month. Domestic com Imported com modities (16). modities (22). January.......................................................................... February........................................................................ March............................................................................. April............................................................................... May................................................................................ June................................................................................ July................................................................................ August............................................................................ September...................................................................... October........................................................................... November....................................................................... December....................................................................... General index. 2649.0 3970.0 3922.3 3372.0 2545.0 2086.0 1878.0 2020.0 2207.4 2307.0. 2344.1 2004.7 960.4 1209.6 1248.3 1192.3 1293.2 1235.0 1260.5 1331.4 1352.6 1293.5 1338.5 1323.0 1243 1670 1694 1556 1502 1377 1363 1446 1495 1462 1506 1437 GREAT BRITAIN. Index numbers of wholesale prices of various groups of commodi ties in Great Britain for each month of 1920 are contained in the Board of Trade Journal for March 17, 1921. These index numbers are based on the average price for 1920, which is taken as 100.9 The table follows: INDEX NUMBERS OF WHOLESALE PRICES IN GREAT BRITAIN, 1920. [Source: Board of Trade Journal, Mar. 17, 1921, page 294.] (Average for 1920=100.) 1920 uroup. Jan. Feb. Mar. Apr. May. June. July. Aug. Sept. Oct. Nov. Dec. Cereals............................... 89.3 88.8 97.7 101.6 102.5 104.3 103.0 102.2 103.3 106.7 106.3 96.2 Meat and fish..................... 98. 5 91.9 88.6 93.6 91.8 92.9 102. 1 106.0 106.9 109.1 111.4 110.6 Other food......................... 94.9 101.4 106.5 108.2 106.7 108.5 101.4 96.1 94.2 97.2 94.5 92.3 Total food................. 94.2 94.2 97.7 101.3 100.4 102.0 102.2 101. 2 101.0 104.0 103.4 Iron and steel.................... 82.7 Other metals and minerals. 96.7 Cotton................................ 112.4 Other textiles.................... 113. 6 Other articles................... 99.0 90.2 101.8 127.0 120.6 104.0 96.4 100.3 127.4 121.7 107.1 100.4 97.0 127.9 123.4 108.0 105.4 101.0 123.9 117.7 104.9 109.1 101.0 115.7 108. 7 100.2 108.2 101.6 108.0 99.2 99.9 107.0 102.8 105.3 94.6 98.2 107.0 103.6 96.1 93.9 100.8 104.2 102.3 78.9 84.2 99.5 99.2 100.1 65.8 76.3 94.3 99.1 93.8 92.3 52.9 67.0 85.9 Total not food........... 98.3 105. 7 108.0 108.9 109.0 106.4 103.5 101.9 100.9 94.9 88.2 79.2 All articles......................... 96.8 101. 5 104.2 106.1 105.9 104.8 103.0 101.6 101.0 98.0 93.3 85 7 ITALY. A series of index numbers indicating the trend of wholesale prices in Italy has been published since 1915 in YItalia Economica, an annual review of commercial, industrial, agricultural, financial, and economic 9 For a full explanation of the index numbers published by the British Board of Trade, see Bulletin No. 284 of the United States Bureau of Labor Statistics, pp. 259-267. WHOLESALE PRICES IN OTHER COUNTRIES. 2 3 9 conditions, prepared by Prof. Riccardo Bachi.10 The following table showing the index numbers, by groups of commodities, for the months of 1920 has been taken from an article by Prof. Bachi in the April 24, 1921, number of TEconomista, a weekly statistical journal published at Florence and Rome. INDEX NUMBERS OF WHOLESALE PRICES IN ITALY, 1920. [Source: L’ Economista, Apr. 24, 1921, page 215.] (Average prices in 1920=100.) Vege Animal Chemi Tex table tiles. foods. foods. cals. . Month. Other Miner Build vege als and ing ma table metals. terials. prod ucts. Sun dries. General index num ber. Number of commodities...... 19 10 8 9 12 5 4 9 76 1920. January............................... February.............................. March.................................. April.................................... May...................................... June..................................... July...................................... August................................. September............................ October................................ November............................ December............................. 86.2 91.6 93.1 102.7 102.2 100.2 96.8 100. 7 104. 8 107.1 107.7 106.9 81.2 79.5 82.7 83.6 92.9 101.1 100.3 103.4 108.8 108.0 124.1 126.4 64.2 76.8 96.8 110.4 122.5 112.8 100.0 102.3 100.1 103.4 107.7 102.8 95.3 106.0 115. 6 130. 8 104.9 90.8 88.3 94.9 99.6 97.9 94.0 81.9 75.9 92.7 104.8 115.8 113.2 99.1 95.5 96.6 103. 7 106. 5 101.4 92.7 72.0 75.4 82.2 96.4 101.8 106.3 108.4 109.9 109.9 112.8 112.6 112.6 93.5 100.9 102.4 99.8 97.2 95.9 90.2 91.9 97.5 100.5 108.7 121.8 78.2 85.8 92.8 104.2 107.8 105.7 104.9 101.4 102.1 105.4 105.2 106.8 81. 25 89.13 96. 41 106. 30 105. 73 101.18 97. 77 100.13 104. 98 105. 47 107. 33 104. 97 JAPAN. Index numbers of average monthly wholesale prices in Tokio are published regularly by the Bank of Japan.11 The number of com modities included is 56, the average price for October, 1900, being taken as the base, or 100. The following table has been reproduced from a statement issued by the Bank of Japan: MONTHLY INDEX NUMBERS OF WHOLESALE PRICES IN TOKIO, JAPAN, 1912 TO 1920. [Source: Monthly statement of Bank of Japan, July, 1921.] (Base period: October, 1900=100.) Index numbers. IVLUlllXl. 1920 January................................ February.............................. March.................................. April.................................... May............................... . June..................................... July...................................... August................................. September............................ October................................ November............................ December............................. 398 414 425 397 359 327 316 311 304 298 292 271 1919 277 275 267 267 278 295 319 324 332 352 370 383 1918 224 232 238 243 242 245 252 267 274 280 278 277 1917 168 166 167 173 182 190 206 221 214 214 212 216 1916 145 153 154 153 150 147 147 151 153 157 168 172 1915 120 123 125 127 128 127 125 126 126 127 133 141 1914 130 128 128 127 125 125 125 127 129 125 121 119 1913 134 133 132 132 131 132 130 130 132 133 132 131 1912 129 130 131 132 133 131 133 131 130 132 133 134 10 For a full explanation of the index numbers compiled by Prof. Riccardo Bachi, see Bulletin No. 284 of the United States Bureau of Labor Statistics, pp. 290-294. 11 For an explanation of the index numbers of the Bank of Japan, see Bulletin No. 284 of the United States Bureau of Labor Statistics, pp. 306-308. 240 WHOLESALE PRICES, 1890 TO 1920. NETHERLANDS. The monthly journal of the central statistical bureau of Nether lands (Maandschrift van het Centraal Bureau voor de Statistiek) contains index numbers of wholesale prices calculated on the period 1901-1910 as the base.12 The following table has been taken from the Maandschrift for May 31, 1921: INDEX NUMBERS OF WHOLESALE PRICES IN NETHERLANDS, 1911 TO 1920. [Source: Maandschrift van het Centraal Bureau voor de Statistiek, May 31,1921, page 773.] Index General number index of food number stuffs (31 (51 com modities). commodi ties). Year and month. 1901-1910..................................... 1911............................................... 1912.......................................... 1913.............................................. 1914.............................................. 1915.............................................. 1916.............................................. 1917............................................. 1918.............................................. 1919.............................................. 1920.............................................. 100 115 119 114 121 168 261 335 456 349 330 100 117 120 112 122 171 268 313 338 333 290 Index General number index number of food (51 com stuffs (31 modities). commodi ties). Year and month. 1920: January............................... February............................. March................................... April.................................... May...................................... June...................................... July...................................... A u g u st............................... September........................... October..................... November........................... December............................ 336 331 335 342 343 344 347 337 334 , 330 305 274 296 285 283 291 293 301 307 298 292 290 283 260 SOUTH AFRICA. Wholesale price trends in the Union of South Africa are shown by index numbers compiled by the Office of Census and Statistics.13 These index numbers are published in the Quarterly Abstract of Union Statistics, the data in each issue covering a period of years. The figures in the following table have been taken from the issue of April, 1921: INDEX NUMBERS OF WHOLESALE PRICES IN THE UNION OF SOUTH AFRICA, 1915 TO 1920. [Source: Quarterly Abstract of Union Statistics, No. 6, April, 1921, p. 28.] (Base period: Index number for 1914=1,000 in each case.) Group. 1915 1916 1917 191S 1919 1920 Metals........................................................ Jute, leather, hides, and skins................... Grains, meal, etc....................................... Dairy produce........................................... Groceries.................................................. M!eat.......................................................... Building materials.................................... Chemicals.................................................. Fuel and light........................................... Soft goods............................................. Miscellaneous........................................... 1669 1160 1166 1129 1128 1033 1149 1480 1089 1330 1303 2256 1335 1304 1162 1229 1098 1348 1809 1264 1720 1706 3193 1577 1408 1216 1322 1206 1686 2169 1485 2233 2226 3836 1739 1432 1276 1387 1310 1995 2124 1619 2827 2629 3147 1790 1659 1592 1529 1368 2005 1650 1662 3185 2530 3286 2077 2619 2013 2073 1680 2353 1473 1826 4322 3244 All groups........................................ Food and groceries.................................... Other groups (except fuel and light)......... 1174 1130 1298 1345 1242 1602 1542 1342 2020 1679 1391 2318 1808 1573 2242 2449 2298 2645 12 For an explanation of the index numbers of the central statistical bureau of Netherlands, see Bulletin No. 284 of the United States Bureau of Labor Statistics, pp 308,309. 13 For an explanation of the index numbers compiled by the Office of Census and Statistics of the Union of South Africa, see Bulletin No. 284 of the United States Bureau of Labor Statistics, pp. 328-332. WHOLESALE PRICES IN OTHER COUNTRIES. 2 4 1 SWEDEN. Index numbers of wholesale prices in Sweden are compiled by the Svensk Handelstidning, published at Stockholm.14 Forty-seven com modities, or price series, are included in the. compilation, average prices in the 12 months from July 1, 1913, to June 30, 1914, being used as the base. The index numbers are weighted according to the value of the consumption of the commodities during the year imme diately preceding the war. INDEX NUMBERS OF WHOLESALE PRICES IN SWEDEN, 1913 TO 1920. [Source: Monthly Bulletin of Statistics of the Supreme Economic Council, No. 6, June, 1921, p. 17.] Year and month. July, 1913, to June, 1914 July to December: 1914....................... 1915....................... 1916....................... 1917....................... 1918....................... 1919....................... 1920....................... January.......... February........ March............. i April.............. May............... June................ July................ August........... September...... October.......... November...... December....... Raw All Hides Build Vege Ani mate rials Coal. Oils. Metals. ing Tex and Wood com table mal pulp. leath for tiles. modi mate foods. foods. agri er. ties. rials. culture. 100 100 100 100 100 100 100 100 100 100 100 136 151 152 181 221 261 262 248 273 270 265 269 250 252 271 273 258 264 247 101 140 182 205 419 409 296 328 305 304 284 283 273 277 307 312 306 290 283 114 161 180 198 304 340 312 317 319 318 320 320 313 312 310 308 309 303 301 123 177 266 551 856 804 1007 864 936 960 1008 1069 1252 1252 1117 1085 1026 910 602 111 120 149 212 109 166 272 405 398 258 278 248 259 291 283 324 318 293 286 273 256 253 247 104 118 165 215 275 286 371 295 371 367 367 367 381 388 388 388 390 387 362 103 116 166 247 118 158 229 206 195 211 215 258 269 268 263 252 212 202 191 180 166 161 156 116 233 267 300 308 675 388 476 682 767 788 778 767 756 753 740 609 598 116 145 185 244 339 330 347 319 342 354 354 361 366 363 365 362 346 331 299 294 204 226 275 275 275 303 303 322 340 340 332 328 324 353 380 380 368 374 368 336 328 310 250 233 206 14 For an explanation of the index numbers compiled by the Svensk Handelstidning, see Bulletin No. 284 of the United States Bureau of Labor Statistics, p. 342. INDEX A. Articles. ( S ee Commodities; see also Prices, wholesale, of specified commodities.) Page. Australia, wholesale prices in............................................................................................................ 234 Average wholesaleprices ofindividual commodities, eachyear 1890 to 1920and foreach month, 1920.. 41-215 B. Building materials: Average and relative prices, 1890 to 1920................................................................................... 176-191 Commodities, or series of quotations carried, number of............................................................. 5 Importance of, relative, as measured by wholesale values in exchange.................................... 231,232 Index numbers and per cent increase or decrease, 1890 to 1920..................................................... 9 Index numbers and per cent increase or decrease, by months, 1913 to 1920................................. 21,23 Table of weights used in computing index numbers for............................................................ 222,223 C. Canada, wholesale prices in............................................................................................................. 234-236 Chemicals and drugs: Average and relative prices, 1890 to 1920..............................; ................................................... 190-201 Commodities, or series of quotations carried, number of.............................................................. 5 Importance of, relative, as measured by wholesale values in exchange........................................ 232 Index numbers, and per cent increase or decrease, 1890 to 1920.................................................... 9 Index numbers, and per cent increase or decrease by months, 1913 to 1920.................................. 21,23 Table of weights used in computing index numbers for............................................................... 223 Cloths and clothing: Average and relative prices, 1890 to 1920................................: .................................................. 112-147 Commodities, or series of quotations carried, number of.............................................................. 5 Importance of, relative, as measured by wholesale values in exchange..................................... 228-230 Index numbers, and per centihcrease or decrease, 1890 to 1920.................................................... 8 Index numbers, and per cent increase or decrease, by months, 1913 to 1920................................. 20,22 Table of weights used in computing index numbers for............................................................219-221 Commodities: Average prices, number of commodities showing changes in, 1919 to 1920.................................... 7 Average prices of individual commodities, each year 1890 to 1920, and each month, 1920........... 41-215 Classification of, adopted in present report.................................................................................. 5,6 Identical, in raw and manufactured state, price indexes of, 1890 to 1920................................. 25,36,37 Identical, in raw and manufactured state, price indexes of, by months 1913 to 1920............... 25,38,41 Importance of, relative, as measured by their wholesale values in exchange, 1909 and 1920___ 225-233 Index numbers, all commodities..................................................................................... 9,10,21,23,26 Quotations, series of, carried in present report, and sources of..................................................... 4 Quotations, series of, classified as to frequency, 1919 and 1920...................................................... 5 E. Exchange, wholesale values in, relative importance of commodities as measured by,' in 1909 and 1920............................................................................................................................................... 225-233 Explanation of tables showing prices................................................................................................... 41-43 F. Farm products: Average and relative prices, 1890 to 1920...................................................................................... 44-67 Commodities, or series of quotations carried, number of.............................................................. 5 Importance of, relative, as measured by wholesale values in exchange........................................ 225 Index numbers, and per cent increase or decrease, 1890 to 1920.................................................... 8 Index numbers, &$adper cent increase or decrease, by months, 1913 to 1920................................. 20,22 Table of weights csied in computing index numbers for............................................................... 217 Food, etc.: Average and relative prices, 1890 to 1920..................................................................................... 66-113 5 Commodities, or series of quotations carried, number of.............................................................. Importance of, relative, as measured by wholesale values in exchange..................................... 225-228 . Index numbers, and per cent increase or decrease, 1890 to 1920.................................................... 8 Index numbers, and per cent increase or decrease, by months 1913 to 1920................................. 20,22 Table of weights used in computing index numbers for............................................................217-219 France, wholesale prices in.............................................................................................................. 236,237 Fuel andlighting: Average and relative prices, 1890 to 1920................................................................................... 146-157 Commodities, or series of quotations carried, number of.............................................................. 5 Importance of, relative, as measured by wholesale values in exchange........................................ 230 Index numbers, and per cent increase or decrease, 1890 to 1920.................................................... 8 Index numbers, and per cent increase or decrease, by months, 1913 to 1920................................. 20,22 Table of weights used in computing index numbers for............................................................... 221 G. Germany, wholesale prices in.......................................................................................................... 237,238 Great Britain, wholesale prices in.......... ............................................................................................ 238 243 244 INDEX, House-furnishing goods: Page. Averageandrelativeprices, 1890 to 1920..................................................................................... 200-205 Commodities, or series of quotations carried, number of.............................................................. 5 Importance of, relative, as measured by wholesale values in exchange.................................... 232,233 Index numbers, and per cent increase or decrease, 1890 to 1920.................................................... 9 Index numbers, and per cent increase or decrease, by months, 1913 to 1920................................ 21,23 Table of weights used in computing index numbers for.............................................................. 224 I. importance,relative, of commodities, as measured by wholesalevalues in exchange, 1909 and 1920. 225-233 Index numbers, or price indexes: Australia....................................................................................................................................... 234 Canada...................................................................................................................................... 234-236 Commodity groups, 1890 to 1920................................................................................................... 8-19 Commodity groups, by months, 1913 to 1920.............................................................................. 20-23 France....................................................................................................................................... 236,237 Germany.................................................................................................................................. 237,238 Great Britain............................................................................................................................... 238 Identical commodities, in raw and manufactured state, 1890 to 1920....................................... 25,36,37 Identical commodities, in raw and manufactured state, by months, 1913 to 1920.................... 25,38,41 Italy.......................................................................................................................................... 238,239 Japan............................................................................................................................................ 239 Method of computation of............................................................................................................ 2-4 Netherlands.................................................................................................................................. 240 South Africa................................................................................................................................ 240 Sweden........................................................................................................................................ 241 Table of weights used in computing......................................................................... '.............. 217-224 Italy, wholesale prices in................................................................................................................. 238,239 J. Japan, wholesale prices in.................................................................................................................. 239 M. Manufactured and raw commodities, index prices of, 1890 to 1920................................................. 25,36,37 Manufactured and raw commodities, index prices of, by months, 1913 to 1920.............................. 25,38,41 Markets, and series of quotations carried............................................................................................ 5 Metals and metal products: Average and relative prices, 1890 to 1920...................................... 156-177 Commodities, or series of quotations carried, number of.............................................................. 5 Importance of, relative, as measured by wholesale values in exchange........................................ 231 8 Index numbers, and per cent increase or decrease, 1890 to 1920............................... .................... Index numbers, and per cent increase or decrease, by months, 1913 to 1920................................. 20,22 Table of weights used in computing index numbers for........................................................... 221,222 Miscellaneous commodities group: Average and relative prices, 1890 to 1920................................................................................... 204-215 Commodities, or series of quotations carried, number of............................................................... 5 Importance of, relative, as measured by wholesale values in exchange........................................ 233 Index numbers, and per cent increase or decrease, 1890to 1920..................................................... 9 Index numbers, and per cent increase or decrease, bymonths, 1913 to 1920.................................. 21,23 Table of weights used in computing index numbers for............................................................... 224 IV. Netherlands, wholesale prices in......................................................................................................... 240 P. Price quotations, sources of, 1919 and 1920......................................................................................... ' 4 Prices of commodities in 1920............................................................................................................ 6,7 Prices, wholesale, in other countries................................................................................................ 234-241 Prices, wholesale, of specified commodities: Acid, acetic................................................................................................................................ 190,191 Acid, muriatic.............................................................................................................. 192,193,196,197 Acid, nitric......................................................................................................................... 192,193,197 Acid, sulphuric............................................................................................................. 192,193,196,197 Alcohol, denatured.................................................................................................................... 146,147 Alcohol, grain............................................................................................................................ 192-195 Alcohol, wood, refined........................................................................................................ 192,193,195 Alum.................................................... i...................................................................................192,193 Ammonia, anhydrous............................................................................................................... 192,193 Apples, evaporated.........................................................................................................................88,89 Apples, fresh...................................................................................................................................90,91 Augers....................................................................................................................................... 156,157 Bacon......................................................................................... 92-95 Bananas......................................................................................................................................... 90,91 Bariron..................................................................................................................................... 158,159 Barley............................................................................................................................................ 44,45 Bars, concrete reinforcing.......................................................................................................... 158,159 Beans........................................................................................................................................... 66,67 Bedroomsets, chairs and tables (furniture).............................................................................. 200,201 Beef, fresh........................................................................................................................... 92,93,96-99 Beef, salt...................................................................................................................................... 98,99 Blankets, cotton....................................................................................................................... 118,119 Blankets, wool.......................................................................................................................... 132,133 Boots and shoes (men’s, women’s, misses’, youths’,childrens’)................................................. 112-117 Borax, crystals............................................................................................................................ 192,193 Bran.......................................................................................................................................... 204,205 INDEX, 245 Prices, wholesale, of specified commodities—Continued. Bread, crackers.......................................................... Bread, loaf................................................................ Brick........................................................................ Brimstone (sulphur, stick)....................................... Buckwheat and rye flour.......................................... Butter....................................................................... Butts........................................................................ Calfskins.................................................................... Calico........................................................................ Canned goods............................................................ Carpets..................................................................... Carvers, knives and forks (table cutlery).................. Cattle, steers............................................................. Cement, Portland..................................................... Chairs and tables, bedroom sets (furniture).............. Cheese....................................................................... Chisels...................................................................... Coal, anthracite......................................................... Coal, bituminous....................................................... Coal, semibituminous............................................... Coconut oil, crude..................................................... Codfish...................................................................... Coffee........................................................................ Coke.......................................................................... Copper, ingot............................................................ Copper, sheet and wire............................................. Copper sulphate (blue vitriol)................................... Copra........................................................................ Corn.......................................................................... Corn, canned............................................................. Corn oil, crude................ . ........................................ Cornstarch................................................................ Cotton....................................................................... Cotton flannels.......................................................... Cotton goods............................................................. Cottonseed meal........................................................ Cottonseed oil............................................................ Currants.................................................................... Denims..................................................................... Doorknobs............................................................... Doors........................................................................ Douglas fir (lumber)................................................. Drillings.................................................................... Earthenware (plates, teacups, and saucers).............. Page. ..................66,67 ........ ......... 68,69 .................176-179 ............. 200,201 ....................84,85 ................. 68-77 ................ 158,159 ................. 56-59 .. 118,119,124,125 ................... 76,77 ................118,119 .............. 202,203 58,57,60,61,64,65 .................176,177 ............. 200-203 ...................78,79 ...............158,159 .............. 146-151 .. 148,149,152-155 ................ 154,155 ................214,215 ...................82,83 ................... 78,79 .................152-155 .............. 158-161 .................160-163 .................198,199 .............. 204,205 ........ 44,45,48,49 ....................76,77 .................214,215 ................106,107 ................. 44-47 ...............120,121 .................118-131 .............. 204-207 .............. 204-207 ................... 90,91 ................ 118,119 .............. 162,163 .............. 180,181 ........ 182,183,187 ............. 120,121 .............. 200,201 ................. 78-83 ................ 162,163 Fish. (S e e Cod; Herring; Mackerel; Salmon.) Flannels, cotton....................................................... Flannels, wool, white............................................... Flaxseed................................................................... FlOTida land pebble, phosphate rock........................ Flour, buckwheat and rye........................................ Flour, wheat............................................................. Forks and knives, carvers (table cutlery)................. Fruit, evaporated (apples, currants, prunes, raisins). Fruitj fresh (apples, bananas, lemons, oranges)....... Furniture (bedroom sets, chairs, and tables)............ Gasoline, motor.................................................. .... Ginghams.................................................................. Glass, plate............................................................... Glassware (nappies, pitchers, tumblers)................... Glass, window......................................................... . Glucose..................................................................... Glycerin, refined....................................................... Goatskins.................................................................. Grain. ( S e e Barley; Corn; Oats; Rye; Wheat.) Hammers.................................................................. Hams, smoked.......................................................... Hay, alfalfa...................... ....................................... Hay, clover, mixed................................................... Hay, timothy............................................................ Hemlock (lumber).................................................... Hemp, manila................................... , ..................... Herring..................................................................... Hides........................................................................ Hogs.......................................................................... Hops......................................................................... Hosiery, cotton, men’s and women’s ................... .... Hosiery, wool, men’s................................................. Iron ore..................................................................... Jute........................................................................... Knives and forks, carvers (table cutlery)................. Lamb........................................................................ Lard.......................................................................... Lath.......................................................................... Lead, carbonate of (white lead)................................ Lead, pig.................................................................. Lead pipe.................................................................. Leather..................................................................... Lemons..................................................................... ............. 120,121 ................ 132,133 ........... . 44,45 .............. 208,209 ................... 84,85 ................... 84-89 .............. 202,203 ................... 88-91 ................. 90,91 .............. 200-203 ................ 154,155 .............. 120,121 .............. 180,181 .............. 202,203 ................ 182,183 ................... 92,93 ................ 198,199 ................... 56,57 ................ 162,163 ........ 94,95,98,99 ................... 54,55 ................... 54,55 ................... 56,57 .............. 184-186 .............. 204,205 ................... 82,83 .................. 56-59 .................. 62-65 ................... 56,57 .............. 122,123 ................ 134,135 ................ 162,163 .............. 204,205 ............... 202,203 .............. 100,101 ................... 92,93 ................ 182,183 ................ 188,189 ................ 162,163 .............. 164,165 .............. 130-133 ................. 90,91 246 INDEX. Prices, wholesale, of specified commodities—Continued. Lime............................................................................................................. Linseed meal................................................................................................ . Linseed oil, raw............................................................................................ . Live stock (for food). ( S ee Cattle, steers; Hogs; Sheep.) Locks............................................................................................................ . Lubricating oil (paraffin)............................................................................... Lumber. (S e e Douglas fir; Hemlock; Maple; Oak; Pine; Poplar; Spruce.) Mackerel, salt................................................................................................ Maple (lumber).............................................................................................. Matches.......................................................................................................... Meal, corn...................................................................................................... Meal, cottonseed............................................................................................ Meats.............................................................................. .............................. Milk, fresh...................................................................................................... Mill feed, middlings....................................................................................... Molasses......................................................................................................... Mutton........................................................................................................... Muriatic acid................................................................................................ . Nails, cut and wire....................................................................................... . Nappies,pitchers, tumblers (glassware)....................................................... Nitric acid...................................................................................................... Oak (lumber)................................................................................................. Oats............................................................................................................... Oil, lubricating (paraffin).......................................................................... Oleomargarine.............................................................................................. . Oleo oil........................................................................................................... Olive oil........................................................................................................ . Onions.......................................................................................................... . Opium, natural............................................................................................ . Oranges......................................................................................................... Overcoatings................................................................................................. Pails and tubs................................................................................................ Palm kernel oil, crude.................................................................................. . Paper, news-printing and wrapping............................................................. . Para rubber, island........................................................................................ Peanut oil, crude.......................................................................................... . Peanuts........................................................................................................ . Peas, canned.................................................................................................. Pepper, black................................................................................................ Percale.......................................................................................................... . Petroleum, crude and refined....................................................................... Phosphate rock, Florida land pebble........................................................... Pigiron......................................................................................................... Pig tin........................................................................................................... Pine (lumber)............................................................................................... Pipe, cast-iron.............................................................................................. . Pitchers, nappies, tumblers (glassware)....................................................... Planes........................................................................................................... Plates,teacups and saucers (earthenware)................................................... Poplar (lumber)............................................................................................ Pork, fresh and salt....................................................................................... Potatoes, white............................................................................................. Poultry, dressed fowls.................................................................................. . Poultry, live fowls...................................................................., .................. . Print cloths................................................................................................... Prunes.......................................................................................................... . Putty.................................. Quicksilver.......................... Quinine............................... Raisins................................ Rice..................................... Rope, manila....................... Rosin................................... Rubber, Para, island........... Rye..................................... Rye and buckwheat flour... Salmon, canned................... Sal soda (carbonate of soda).. Salt....................................... Saltpeter, Chile (nitrate of soda) Saws.......................................... Sheep........................................ Sheetings, bleached and brown. Shingles..................................... Silk, raw.................................... Silver, bar.................................. Shirtings.................................... Shoes. ( S e e Boots and shoes). Shovels...................................... Sisal, Mexican........................... Soap, laundry............................ Soda ash.................................... Soda, bicarbonate of.................. Soda, carbonate of (sal soda)---Soda, caustic.............................. Soda, nitrate of (saltpeter)........ Soya bean oil, crude................... Spices (pepper, black)............... Page. ..............182,183 .......... 208,209 ..........188,189 .......... 164,165 .......... 208,209 ...............84,85 .......... 184,185 ..........156,157 ...............92,93 .......... 204-207 ........... 92-101 .......... 102-105 .......... 208,209 ..........102,103 ..........100,101 192,193,196,197 ..........164,165 ........... 202,203 ... 192,193,197 .......... 184,185 ... 44,45,50,51 .......... 208,209 ..........102,103 ..........102,103 ..........102,103 ..........108,109 ..........198,199 ...............90,91 ..........134,135 .......... 204,205 ..........214,215 .......... 208-211 .......... 208,209 ..........214,215 ...............66,67 . -. ... ... ... ... ... ... ... ... ... 1UU, 1U# 122,123 156,157 208,209 164-169 174,175 184-189 168,169 202,203 168,169 . . . 200,201 .,. 188,189 . : . 100,101 ... 108,109 . . . 100,101 ___ 66,67 ... 122-125 ...... 90,91 ... 190,191 ... 168,169 ... 198,199 ...... 90,91 ... 106,107 ... 208,209 ... 190,191 ... 208,209 ...... 54,55 .......84,85 .......84,85 ... 198,199 ... 106,107 ... 198,199 ... 168,169 .......64,65 ... 126,127 ... 190,191 ... 132,133 ... 170,171 ... 126-129 ... ... ... ... ... ... ... ... ... ... 170,171 208,209 212,213 198,199 106,107 198,199 198,199 198,199 214,215 106,107 INDEX. 247 Prices, wholesale, of specified commodities—Concluded. Page. Spruce (lumber)........................................................................................................................ 188,189 Starch, corn............................................................................................................................... 106,107 Starch, laundry......................................................................................................................... 212,213 Steel billets.........................................................•..................................................................... 170-173 Steel plates.................................................................................................................................. 170,171 Steel rails................................................................................................................................... 170-173 Steel sheets................................................................................................................................ 170-173 Steel, structural......................................................................................................................... 170-171 Sugar......................................................................................................................................... 108-111 Suitings......................................................................................................................... 134,135,138-141 Sulphuric acid.............................................................................................................. 192,193,196,197 Sulphur, stick (brimstone)........................................................................................................ 200,201 Table cutlery (carvers, knives, and forks)................................................................................ 202,203 Tables, kitchen......................................................................................................................... 202,203 Tallow....................................................................................................................................... 108,109 Tankage, slaughterhouse.............................................................................................................212,213 Tar............................................................................................................................................ 190,191 Tea............................................................................................................................................ 108,109 Teacups and saucers, plates (earthenware)............................................................................... 200,201 Thread, cotton.......................................................................................................................... 128,129 Thread, linen, shoe.................................................................................................................... 132,133 Tickings.................................................................................................................................... 128,129 Tin, pig..................................................................................................................................... 174,175 Tinplate................................................................................................................................... 174,175 Tobacco, Burley, leaf..................................................................................................................... 66,67 Tobacco, plug and smoking........................................................................................................ 212,213 Tomatoes, canned......................................................................................................................... 76,77 Trouserings............................................................................................................................... 140,141 Trowels..................................................................................................................................... 174,175 Tubs and pails........................................................................................................................... 204,205 Tumblers, nappies, pitchers (glassware)................................................................................... 202,203 Turpentine, spirits of................................................................................................................ 188,189 Underwear, cotton.................................................................................................................... 128,129 Underwear, woolen................................................................................................................... 140,141 Veal........................................................................................................................................... 100,101 Vegetable oils..............................................................................................................................214,215 Vegetables, fresh (onions, potatoes).......................................................................................... 108,109 Vinegar, cider............................................................................................................................ 112,113 Vises.......................................................................................................................................... 174,175 Vitriol, blue (copper sulphate).................................................................................................. 198,199 Wheat............................................................................................................................................... 5255 Wheat flour.................................................................................................................................... 84-89 White lead (carbonate of lead.) ................................................................................................ 188,18P Wire, fence................................................................................................................................ 174,175 Women’s dress goods................................................................................................................. 142-145 Woodenware (pails and tubs)................................................................................................... 204,205 Wood pulp.................................................................................................................... 210,211,214,215 Wood screws.............................................................................................................................. 176,177 Wool and woolen goods............................................................................................................. 132-147 Wool, Ohio, fleece......................................................................................................... 136,137,144-147 Worsted yarns........................................................................................................................... 146,147 Yarns, cotton............................................................................................................................ 130,131 Yarns, worsted.......................................................................................................................... 146,147 Zinc, oxide of (zinc white)......................................................................................................... 188,189 Zinc, sheet................................................................................................................................. 176,177 Zinc, slab................................................................................................................................... 176,177 Q. Quotations, series of, carried in present report 4,5 It. Rawand manufactured state, identical commodities in, index prices of, by months, 1913 to 1920__ 25,38,41 Rawand manufactured state, identical commoditiesin, index prices of, 1890 to 1920........................ 25,36,37 S. Sources of price quotations, 1919 and 1920........................................................................................... South Africa, wholesale prices in........................................................................................................ Sweden, wholesale prices in............................................................................................................... 4 240 241 V. Values in exchange, relative importance of commodities as measured by, 1909 and 1920................ 225-233 W. Weights, table of, used in computing index numbers......................................................................217-224 O ADDITIONAL COPIES OF THIS PUBLICATION M A Y B E PROCURED FROM THE SUPERINTENDENT OF DOCUMENTS GOVERNM ENT PRINTING OFFICE W A SH INGTON, D . C. AT 20 CENTS PER COPY V