The Bridgeport evening farmer., 1916-11-15
PRICES in OTHER
COUNTRIES JUMP
|TH.PROCESS|0N
Continue to Advance for the
Same Reason as Prices in
the United States

the United States
Prices in foreign countries continue
to advance just the same as in the
United States-and for the same rea-
son. You would scarcely expect that
the natives of Haiti and Jamaica.
which furnish most Of our logwood,
would be so fully "onto" the situa-
ton as to demand and get three times
the price per ton for their logwood
as they did before the war. but they
are demanding it and getting 1t. me
indigo growers and merchants OF In
dia. Java and San Salvador are de-
manding and getting ten times as
much per pound for indigo as they
did before the war. Chinese and Jap
anese silk growers are getting double
: the price prevailing prior to the war
and fresh eggs from China crash
into the. United States at double the
prices of two years ago. A recent
statement by the American Consul
General at Paris indicates thats the
imports of France in 1916 enter that
country at prices about 80 per cent
higher than in 1914, and the experts
leave that country at prices about
SO per cent. above those of 1914.
A compilation" by the Foreign
Trade Department Of the National
City Bank of New York shows that
prices in foreign countries on a very
large proportion of the articles i'm
ported into the United States have
greatly advanced The compilation,
which covers a very large number OF
articles, includes foodstuffs, manu-
e. io1o o.
lures. The most striking advances
are in foodstuffs and manufacturing
materials.
The prices shown are those of the
articles in the wholesale markets Of
the countries from which the mer-
chandise is imported into the United
States, or the actual selling price in
the country from which the exporta-
ton occurs. The advance in the i'm
port price, therefore, does not include
the advance cost added through the
unusual high ocean freight rates.
This general advance is the more
striking when it is remembered that
large proportion of the merchandise
imported into the United States is
drawn from several different coun-
tries, and the increase in the aver
age import price therefore represents
the average price increase the world
over.
India rubber, for example, which
shows an advance of approximately
SO per cent. in price per pound, is
drawn from a dozen different coun-
tries. Goat skins drawn from a
dozen different countries have ad-
vanced from an average import price
Of 24.5 cents per pound in July, 1914,
-
Of slightly more than SO per cent.
Copper, drawn from Canada, Mexico
and the western coast Of South
America, Japan, Australia and Cuba,
shows an average price in the coun-
tries Of expectation to the United
! States Of IA cents per pound in July
1914 and 81 cents per pound in
August 1916. Pig iron imported in
July, 1914, averaged $3.50 per ton,
and In May, 1915, $101.32 per ton.
Bar iron sent us in the month pre-
ceding the war at $23.61 per ton, was
in August, 1915, $102.63 per ton in
the country from which imported. In
COTS and blooms, Of which the price in
July, 1914, was 81 cents per pound
was in August, 1915, 8.5 cents per
pound. Tnplates imported in July,
1914, at 81 cents per pound were i'm
ported in August, 1916, at LIZ cents
per pound. Raw silk, which a year
ago was exported to us at $273 per
pound. is now $4.87 per pound. Pig
tin, which in the month before the
war was 34.S cents per pound, was in
August, 1916. 40.7 cents. Chemical
wood pulp unbleached advanced in
the export price from the countries of
production from 1865 per ton in
July. 1914, to $4S.78 in July, 1915,
and b1eached wood pulp from $49.2O
per ton to $S5.18 in June of the cur
rent year. Combing wool, which was
exported to us at an average of
IA cents per pound in the month
before the war, was 37.9 cents in
July Of the current year; while car
pet wool advanced in the countries
from which exported from an aver
age Of 1877 cents per pound in the
month before the war to PA cents in
August, 1916.
Food supplies also show striking
/ advances. Macaroni. which comes
! chiefly from italy and which was sent
TO Us at four cents per pound in the
month before the war, Is now sent
at an average Of rs cents per pound.
Cocoa at an average OF 1914 cents per
pound in the country from which ex-
ported, was in May Of the current
year 14.5 cents. Currants coming
chiefly from Greece WERE sent to us
the moath before the war at an
average Of 80 cents per pound and
were in July Of this year 81 cents
per pound. Sugar. of which the aver
age price In the country from which
sent to the United States wes slight
ly more than Genus per pound in
July. 1914, was 4.s cents per pound
in July, 1916, having thus more than
doubled, Mackerel sent us in July,
1914, averaged 40 cents per pound
and in May, 1916. 90 cents; while the
average price per pound of cheese
exported to the United States adj
vanced from 1874 cents per pound in
the month before this war to 26.5
cents in the corresponding month of
1915. Eggs of which the price in the
countries exporting to us in July,
1914, was 1873 cents per dozen, were
in August, 1915, 30.2 cents per Dozen
The importation of eggs alone from
China in the fiscal year 1915 was g.
O35.862 dozen and in 1914 1,S75,265
dozen, and this does not include the