Los Angeles herald., 1910-10-11
AUGUST PRICES
SLIGHTLY FALL
Commerce and Labor Statistics
Show Decrease in Some
Commodities
COPPER PIGS HAVE A SLUMP
Both Imports and Exports of Mill
stuffS Show a Tendency to
Lessen but Not FoodStuffS
COPPER PIGS HAVE A SLUMP
Especial to The Heraldl

Especial TO Inc deTdluJ
WASHINGTON, Oct 10. 49, Lower
prices both at home and abroad are
characteristic of the latest price figures
of the bureau of statistics of the de-
partment of commerce and labor. In
the monthly summary of commerce
and finance issued by that bureau are
presented weekly price quotations Oh
certain articles in the leading markets
of the United States and the average
monthly export and import prices OF
the leading articles exported and i'm
ported These quotations are especial
lv interesting because they show not
only the current wholesale prices IN
the leading domestic markets and the
average monthly export prices of lead
ing articles, but also prices in foreign
countries of the principal articles I'M
ported into the United States. The
valuation of each article imported rep
resents its actual market value or
wholesale price as bought and sold in
usual wholesale quantities at the time
of expectation to the United States in
the principal markets of the countries
whence exported. This makes the
monthly and annual import quotations
q fair index of the prices and trend
of prices in other parts of the world
with reference to the principal articles
imported.
study of the prices quoted by the
available date a definitely marked
downward movement in recent months.
While there are, of course, exceptions
and a few articles in which the latest
prices are higher, very large proper
tion of the articles imported, exported
or sold in the domestic markets show
lower prices in August than those of
earlier months.
COPPER PIGS LOWER
FToI Io 80 6a
figures show the average price a pound
of raw wool of class 1 imported in
August 21.2 cents, against 27.7 cents in
July, 241 cents in June and 20.9 cents
in May, 1910; boards, planks, etc. $1S.65
a thousand feet in August, against
$1S.S6 in July, and $20.02 in January of
the current year; crude India rubber in
August, s1.30 a pound, against S133 in
July; still wine in casks 46.4 cents a
gallon in August, against 59S cents in
June; copper pigs, ingOts, etc, II cents
a pound, against 11.9 cents in July and
1875 to 1876 in earlier months, raw cot
ton, 1876 cents a pound in August
against 21.9 cents in July; manila hemp,
S11655 a ton in August against $11417
in July and S12L43 in April; sisal,
s104.1S a ton in August, against $11109
in July and S125.13 in February; tea
1873 cents a pound in August, against
205 cents in July and 22,5 cents in
q square yard in August against $3.5S
in July and $4,O4 IN April, and hops,
3S.5 cents a pound in August, against
43.4 cents In July, 49.S cents in Many
and 53.S cents in April In a few ar
ticles, including ak, Jute and hemp
other than manila, the August import
prices are higher than In the imme-
diate preceding months, while pig iron
averaged S34.09 a ton in August, against
$27S1 in July and S2956 In June of the
present year.
On the export side the August prices.
which are based upon the current
market quotations at the place Of ex-
portation, are, in most cases, lower
than in recent months. Corn exports
averaged 705 cents a bushel in August,
against 1877 cents in July Wheat,
while higher in August than in May,
June or July, was materially lower
than in the earlier months of the cur
rent year. Flour exports averaged
$5.04 a barrel in August, against 81 90
in July, $5.42 in May and $513 to $500
in the earlier months of the year. Cop
per pigs averaged 1871 cents a pound.
against 1876 cents in July, 13 cents in
May and 1874 cents In March; un-
bleached cotton cloths, 68 a pard in
August, against IL cents in July. 70
cents In June and 81 in March steel
billets in August, 500 % a ton against
$29.07 in July and $2772 in June: steel
rails, SIS a ton in August, against $3.50
in July, $29,04 in June and 5000 in
February.
Paraffine averaged 3.3 cents pound,
against 3.9 cents in April May and
June and "A cents in March. Lumber
of the class designated "boards'
planks," etc, avera ged $2099 a thou
sand feet in August, against $21 81 in
July, $3.50 in May and $50 81 in April.
few articles, however, have advanced
somewhat in price Cotton exports in
July and August averaged IS cents a
pound, against 14.5 cents in April Nav
and June; hay, s22.15 a ton in August,
against $l6.83 in July and S2043 in May;
canned beef, 11.9 cents a pound in
August, against 11.S cents in June and
July and 12.1 cents in May, and hams.
Is cents a pound in August. against
14,7 cents in June and July
Latest quotations Of wholesale prices
in the domestic markets are in most
cases lower now than a few months
ago. Washed Xxx Ohio wool on Sep
temper 30 was quoted al 80 cents a
pound, against 80 cents In June and 86
cents IN March; Bessemer pig iron at
Pittsburg on October 1 was quoted at
$3.50 a ton, against $1865 In March;
steel bars, SIS ton on October /
against $50 in the earlier part Of the
year; crude Pennsylvania petroleum
on October l, S1.3O a barrel, against
$I'fU III MarcH, ana refined petroleum
in cases, 9,9 cents a gallon on October
!, against 1905 cents in August; hides,
No. ] packers heavy Texas steers in
the Chicago market 14A cents pound
on September l, against 13 cents in
July, l6 cents in June and II cents in
April; Para rubber, $1.65a pound Octo-
Der !, against $1.S5 on September 3 and
$2.73 on April 2; red winter wheat, No
?, $l01 bushel on September 20,
against I.10 on July 29 and $1.25 on
March 81; corn, 611a cents a bushel on
September 23 against 1872 cents on
July 28, and mess pork, S23 a barrel on
and S27 b0 IN March q