The Clarksburg telegram. [volume] (Clarksburg, W. Va.) 1874-1926, 1911-11-02
ADVANCE
In Prices of Foreign Products
Shown by the Bureau
of Statistics.

\ WASHINGTON, Oct. 27.-That
prices have advanced in other parts
Of the world as well as in the United
States is evidenced by a statemen;
prepared by the Buereau of Statistics,
Department of Commerce and Labor,
comparing import prices at the pres
ent time with those of certain earlier
years. The import figures OF the
United States government represent.
under existing law and regulations,
the prices of the articles in question
] in the Wholesale markets of the coun-
try from which imported, and a com
parlson,, therefore, of the average
import prices of periods in earlier
years indicates, in some degree al
least, the fiuctuation in prices in the
countries from which these articles
are imported.
This comparison of prices is rem
dered practicable by reason of the
fact that the Bureau OF Statistics
publishes in its summary of Com
nerce and Finance table showing
the monthly average import prices or
the principal articles brought into the
country, and states at the head of
the table that THE value of the goods
represents their value in the foreign
markets" These statements of aver
age import prices are obtained by
comparing quantity with value for the
period in question, or in other words.
by dividing the stated quantity of the
article under consideration into the
stated value thereof and thus deter
mining the import value per unit of
quantity. This table shows, for ex-
ample, the average price of coffee im-
ported in August, 1911, us 11.Sc per
pound. against Gle per pound in Au-
gust 1901, decade ago; India rub
Der, an average of safe per pound in
August, 1911, against 1850 per pound
in August. 1901; clothing wool, 22gc
per pound in August, 1911, against
12c per pound In August, 1901; comb
ing wool, S3.9c per pound in August
OF the present year. against 1880 In
August decade ago; fax, $4SS.65 per
ton in August, 1911, against s2t6so
in August, 1901; hemp $2lO.lO per ton
In August of the present year, against
Si65.6l in August. 1901; tin plates,
S9c per pound in August of the cur
rent year. against &c in the CORES
ponding month a decade ago; tin in
bars, blocks, etc, 41.2c per pound in
August, 1911, against 26.5c a pound
in August. 1901; and tea, 1870 per
pound in August Of the current year.
against 1890 pound in the cores
ponding month a decade ago.
Even in the single twelve-montt.
period from August, 1910, to August,
1911, large number of articles show
marked advance in prices. Coffee,
for example, which, as already indt-
Gated, showed an average of 11.Sc per
pound in August 1911, averaged Use
per pound in August, 1910; rice i'm
ports in August OF the present year
averaged 81 per pound, against 2.4c
per pound in August year earlier;
cement, in August, 1911, 3S.Sc per
hundred pounds, against 2S.4c per
hundred pounds in August of last
year; bananas, 29.Sc per bunch in Au-
gust of the present year, against
27.6c per bunch in August, 1910; cur
rents, 4.Sc per pound in August, 1911,
against SIC per pound in August of
last year; figs, &C per pound in Au-
gust, 1911, against SIC per pound in
August year ago; almonds, 14.5c
per pound in August of the present
year, against 1O.Sc per pound in the
corresponding month OF 1910; calf
skins, 29.2c per pound in August,
1911, against 24.ic per pound in Au-
gust, 1910, tin plates, 3.sc per pound
in August OF the current year
against &c per pound in August, 1910.
olive oil, edible, s1.44 per gallon in
August, 1911, against $1.29 per gallon
in August, 1910; black pepper, SIC al
pound in August. 1911. against 7.so
per pound in August a year ago.
$3.50 per dozen quarts in August,
1911, against s14.64 in August 1910,
tin in bars, blocks, etc, 41.2c per
pound in August of the current year.
against 32.1c in August of the prev
ious year; leaf tobacco. suitable for
wrappers, $1.17 per pound in August
of this year, against S5.4c per pound
in August of last year; clothing wool.
22.9c per pound in August, 1911, |
against 21.2c per pound in August
1910; combing wool. $3.50 per pound |
IN Aup,at ne an cu.a.vt ,,o,,. ,,rat,,,.