Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1916-11-17
COMMODITY PRICES
60 UP WORLD OVER,
INVESTIGATION SHOWS
Stasoment by City Bank of New
York Shows Even Haitians
Charge More for Logs
Since the War
RISE OF so TO 900 PER CENT

Prices in foreign countries continue TO
advance just the same as In the United
Efatea, and for the same reason A COM
pilation by the foreign trade department
ef tho National city Bank Of New York,
fsaueA recently showed that prices abroad
on atiarge percentage Of the articles i'm.
ported into the United States had advanced
greatly since the outbreak OF the European
war. The compilation, which covered n con-
siderable variety OF articles, including food
Htuffs. manufacturing materials and manu-
factures, showed that the most striking ad-
~ancss had occurred in foodstuffs and man
pfacturing materials
you would scarcely expect" said tho
banks statement that the natives of
Haiti and Jamaica, which furnish most Of
our loswood. could be so fully on to- the
situation as to demand. and get, three times
the price per ton for their logwood aa they
die before the war. but they are demanding
Il and getting Il. The indigo growers and
merchants OF India, Java and San Sal
*ador are demanding and getting ten times
as much per pound for indigo as they did
bafors the war. Chinese and Japanese silk
growers ARE getting double the prices pre-
vailinE prior to the war, and fresh eggs
crash into the United States at double the
price OF two years ago. A recent state
nnent by the American Consul General at
Paris indicates that the imports OF France
fn 1916 enter that country at prices about
ninety per cent higher than In 1914, and
thc exports leave that country at prices
about forty per cent above those of 1914.
'sThe prices shown those Of the ar
slcies sin the wholesale markets of the
countries from which the merchandise 10
imported into the United States, or the
actual selling price in the country from
which the expectation occurs. The advance
IN the import price, therefore, does not In
ciudo the advance cost added through the
unusually high ocean freight rates THIS
general advance Is the more striking when
- q. La aFVeiA iAN
OF tho merchandise imported into the United
States Is drawn from several different coun-
tries and the Increase In the average I'M
port price therefore represents the average
price increase the world over"
Among the advances taking place the
last two years, as enumerated by the
hank, were india rubber, fifty per cent
goat sklns, slightly more than fifty per
cent: copper, from fourteen to thirty-two
cents per pound; plgiron. from $3.50 to
$101.g2 per ton; tinplate. from 3.2 cents
to ILL., cents per pound raw silk, which
year ago was exported to this country at
427a, Is now S4.67 per pound; chemical
wood pulp, unbleached from $685. to
sss7s per ton, and bleached wood pulp,
from 1920 TO ss51S per ton. Combing
wool. which was exported to America at
an average of 24.4 cents n pound in the
month before the war. was 1913 cents In
July last, while carpet wool jumped from
1917 cents per pound to 23.4 cents in Au-
gust 1915.
Among the food supplies named as COM
ing i'm for stif advances were macaronl,
cocoa, currants, sugar. mackercl, cheese and
eggs The dependence OF this country on
China for eggs was shown by statistics pre-
pared by the bank. The importation OF eggs
alone from China in the fiscal year 1915
was 2.035,S62 dozen, and in 1914. 1875
se5 dozen. This did not include the yolks
OF eggs and frozen eggs, of which the i'm
portations from China in 1915 were 1867
oSe pounds, the total value OF eggs imported
from China and Hongkong in 1915 being
nearly S1,000,000.