The Hattiesburg news. (Hattiesburg, Miss.) 1908-1917, 1911-11-03

This comparison of prices is render
ed practicable by reason of the fact
that the Bureau of Statistics publish
es in its Summary of Commerce and
Finance table showing the monthly |
average import prices of 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 statesments of average import |
prices are obtained by comparing |
quantity with value for the period in |
question, or in other words, by divid- |
ing the stated quantity of the article |
under consideration into the stated
value thereof and thus determining
the import value per unit of quantity.
This table shows, for example, the
average price of coffee imported in
August, 1911, as 11.Sc per pound,
against 6.4c per pound in August, 1901
a decade ago; india rubber, an aver
age of S3.4c per pound in August, 1911,
against 1850 per pound in August
1901; clothing WOOL 22.9c per pound
in August 1911, against 12c per
pound in August, 1901: combing wool.
$3.50 per pound in August of the pres
ent year, against 1880 in August Il
decade ago; flax, $43S.65 per ton in
August 1911, against S216S2 in Aug
ust, 1901; hemp, $21O10 per ton in
August of the present year, against
$165G1 in August, 1901; tin plates
39c per pound in August of the cur
rent year, against Sc in the CORES
ponding month a decade ago; tin in
bars, blocks, etc, 41.2c per pound in
August, 1911, against 26.5c pound in
August, 1901; and tea, 1920 a pound
in August of the current year, against
1880 a pound in the corresponding
month a decade ago.
Even in the single twelve-month
period from August, 1910, to August
1911, large number of articles show
a marked advance in prices. Coffee
for example, which. as already indi
Gated, showed an average of 11.Sc pei
pound in August, 1911, averaged 7.SC
per pound in August, 1910; rice i'm
ports in August, 1911, averaged Bio
per pound, against 2.4c per pound il
August year earlier; cement, il
August, 1911, 3S.Sc per hundred
pounds in August of last year; banan
as, 29.Sc per bunch in August of thu
present year, against 27.6c per buncl
in August, 1910; currants, 4.Sc pc
per pound in August of last year
figs, &C per pound in August, l9i
against 5.3c per pound in August
year ago; almonds, 14.5c per pound i
August of the present year, agains
1890 per pound in the correspondent
month of 1910; calf skins, 29.2c pc
pound in August, 1911. against 24,1
per pound in August, 1910; tin plates
3,9c per pound in August Of the GU
rent year, against &c per pound i
August, 1910; olive oil, edible, $1.4
per gallon in August, 1911, agains
$1.29 per gallon in August. 1910
black pepper, SIC per pound
August, 1911, against 7.3c per poun
in August a year ago; champaign
S15.49 per dozen quarts in Angus
1911, against $14.64 in August 1916
tin in bars, blocks, etc, 41.2c pC
pound in August of the current ye
against 32.1c in August of the prey
Gus year; leaf tobacco, suitable fl
wrappers, SLY per pound in Auguj
of this year, against 95.4c per ID.
August of last year; clothing woo
22.9c per pound in August 1871
against 21.2c per pound in Angus
1870 combing WOOL 33.3c per pour
in August of the current year, again
3Oc per pound in August a year ag'
and wool carpets and carpeting, 81
per square yard in August, 1871
against $347 in August, 1910.
THIS advance IN prices, HoWeN'
does not extend to all articles, Mira
of soda is materially lower in pri
than a year ago s2G.55 per ton,
August, 1911, against s34.75 per t,
in August, 1910; guano, $12.42 per t.
in August, 1911, against $25.79
August of last year. Cocoa is sligl
ly less in average import price, %.
per pound in August. 1911, again
23.7c per pound in August, 1910; al
copper, 11.4c per pound in Augu
1911, against 12c, in August, 1911
pig iron, $2719 per ton in Augu
1911, against $34.O9 in August, 1871
while copper, cotton cloths unblea'
ed. manila. hemp, sisal grass, hid