Evening star. [volume] (Washington, D.C.) 1854-1972, 1910-10-08
|L0WERPR|CESN NOTED
Marked Downward Movement
in Many Commodities.
FOOD PRODUCTS INCLUDED
Grain and Flour, Pork and Tea at
Decreased Quotations.
CURRENT WHOLESALE FIGURES
Summary of Commerce and Finance
in the United States and
Abroad.

A definitely marked downward move
ment is shown in prices on many COM
modities, including food products, both
at home and abroad. according to
statement of the bureau Of statistics, De-
partment of Commerce and Labor.
In the monthly summary of commerce
and finance issued by the bureau are
presented weekly price quotations OF GER
tain articles in the leading markets of
the United States and the average month
ly export and import prices Of the lead
ing articles exported and imported. These
quotations are especially interesting, be-
cause they show not only the current
wholesale prices in the leading domestic
markets and the average monthly ex.
port prices Of leading articles, but also
prices in foreign countries Of the princi-
pal articles imported into the United
States. The valuation Of each article
imported represents 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 month
ly and annual import quotations a fair
index of the prices and trend of prices in
other parts of the world with reference to
the principal articles imported.
Lower Prices in August.
While there are exceptions, and a few
articles in which the latest prices are
higher. very large proportion of the
articles imported, exported or sold in
the domestic markets show lower prices
in August than those of earlier months
Taking first the prices Of imports, the
figures show the average price per pound
of raw wool of class one, imported in
August 21.2c, against 2T.7c in July, "a. 1c
in June and 20.9c in May, 1910; boards
planks. etc, 1856 per thousand feet in
August, against $3.50 in July and 5000
in January of the current year; crude
India rubber in August, $1.3O per pound,
against $1.33 in July; still wine in casks.
in June; raw cotton. 1859 per pound in
August, against 21.9c in July; tea, 1880
per pound in August, against 20.5c in
July and 225c in May; wool carpets and
gust. against $3.50 in July and $4.0f in
April.
On the export side the August prices,
which are based upon the current market
quotations at the place of expectation,
are, in most cases. lower than in recent
months. Corn exports averaged IO.0c per
bushel in August, against 1910 in July.
Wheat, while higher in August than in
May, June or July. was materially lower
than in the earlier months Of the current
year. Flour exports averaged $5.64 per
barrel in August, against $4.98 In July,
$5.42 in May and 1913 to 1892 in the
earlier months of the year. Unbleached
cotton cloths, csc per yard in August.
against tic in July, 1.2c in June and
sic in March
Lumber Of the class designated boards.
planks. etc." averaged 5000 per thou
sand feet in August, AGAINST 81 81 In
July, So 20 in May and $22s7 in April. A
few articles. however. have advanced
somewhat in price. Cotton exports in July
and August averaged 15c per pound,
against 14.Jc in April, May and June:
hay, $2215 per ton in August, against
6S3 in July. and $2O.43 in May; canned
beef. lice per pound in August. against
II SC in June and July. and 12.1c in May.
and hams, 15c per pound in August.
against 14.7c in June and July.