Pine Bluff daily graphic., 1916-07-02

las Christiana is concerned, will buy just about what Americans can get for that amount. A young clerk or a young engineering graduate looked forward 10 being promoted to 100
 crowns month just about the way
 American boys look forward to S100
 a month. A man who got six thou sand crowns per annum or five
 hundred crowns a month was con- sidered well-off. The trouble now is that the young man in Christiaia is Still getting not very much more than his hundred crowns and the older
 men employe is getting only little more than his six thousand per year.
 amounts can only buy what one can buy in the United States for thirty dollars and eighteen hundred dol lars respectively, there is some req
 son for complaint about the increased cost of living.
 Prices have increased about as fol- lows: Carfare is the same, as the
 company gets it's power from noun tain streams which run all the time, var or no war. Reduced to United
 States currency. coal costs about ten times as much per ton as before the
 war. Milk has gone from five to
 eight cents per litter bread from
 eight to eleven cents per loaf; eggs from P to 4S cents per dozen. Heat has doubled in price; it now sells at
 from 33 to 5 cents per pound. Pend | ing and projected strikes and lock
 outs in the various trades have not l tended to help matters much; how
 ever. the government has interceded l in these matters now and hopes are entertained that these questions can now be adjusted.
 Municipality Encourages Thrift. To encourage thrift, the municipal l ity has secured control of most Of the vacant lots of the city and has led them to industrious citizens in sma Il tracts for a very moderate sum for the present summar season on the
 condition that they be planted to po-
 tatoes or other staple foodstuffs. During the past month, the holders
 of these tracts could be seen indus tricusly working in the evening twl- light, for at this latitude, even as
 early as May 1. it is not dark until
 after nine in the evening. Tn June
 and July there is quite enough light to read by all night
 Another matter which may be no- ticed, is high rate Of interest which banks here pay on savings accounts; viz, four and four and onehalf per cent. American gold is selling at q very low figure at the local ex- changes Previously only could get about 3o crowns for ten-dollar gold-piece one can now not get more than 33 or 34 crowns. English pounds
 sterling are not any better off, while
 German marks are still lower. Rus sian rubles, due it is understood to having been placed on a paperor-
 promise to pay basis, are lower than any of the others.
 All sorts of financial adjustments
 have to be made on account of pres
 ent unusual conditions. Banks which
 heretofore have provided funds for
 building operations, in the shape of first mortgages now find it more
 profitable to buy up government obll-
 cations of various kinds, and are
 therefore net aiding house construc- tion as heretofore. On account of the
 rapid growth of Christiania, this has
 made the housing question a rather
 serious one to the inhabitants House rents have increased at least fifty 1 per cent and on leases expire they are generally renewed at the higher figure.