Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1918-01-02


lyp1rs, War prices have naturally
ruled thruout, ana thcir levels have
been fur above all hitherto recorded
standards. pnlClng burden upon
those engaged ia non-waTlike Indus
! tries ana occupations, which has been
/ bOrue not entirely without complaint
land crlt'clsin. but, after nll. with an
almost gnurprislnE cbeorfulness, con
lsiierIue the iIuposts feyied upon all In
| ino shape OF increased tHsea. Indeed,
van comparatively few exceptions
IN our vast population. and these
largely aliens IN foreign pay, there
has been spirit Of self -sbnegation
aud whole hen rted support OF ma
! t1nbl Organization and defense meas
ures calculated alike 10 command and
TO deserve national success
The Price Movement.
Perhaps no single development OF
tho year Hurpassed tho record made
| by prices OF commodities The def
| Client food haryests Of 1919. which fell
| fifth below those of 1918, were
| cnly partly responsible for the zero
pl"ne-like flight OF prices. Foreign
demand. Shatpenod by lessoned yields.
especially OF grain abroad, was very
large, while our own or our allies
| cnlla for ali sorts OF war supplies
IT..
steel, coal, copper, lumber. provisions
| OF all kinds. chemicals and drugs
drove pricee 20 unexampled hoishts
Nearly all Civll war records ~ food
prices were broken, wheat sold up 10
1900 per bu0hol, corn to t2i5; oats
% W cenisi flour. sI7 per barrel
hogs, $50 per hundred poumdl. 1.-Two
weight; lard, 20 cents por pound.
pork SOB per barrel. refined sugar,
80 cents per hundred pounds: Dig
u on, 800 and steel. 500 per ton. lead,
IL cents tin. ~ cents copper. "a
,ehts. cotton, Sl26 cents. and print
.luthS, , - cents per yard and, in
desd, tho HIST OF articles advancing 10
dlzzy helghtB was u virtual roll call
or the products of furm. forest, minis
ana factory. Most OF these peak
points were reached In tho fore part
nj the year, and food and fuel cont ol |
undoubtedly held down prices later.
still only three Of the thirteen grotius
OF commodities failed to reach penk |
POINTS In 1917. Hence Il was thar
The general price level ms shown by |
bfhdhueets Index Numbers OF Com |
modltion went up steadily month by |
nonth throut the year that tho ad- |
vance from January to December wan |
Nv per cent, that the advance over
August 1. 1914. was is DER cent or |
more than doubling since the war he
gan " other words. the buying pow
~ or tho dollar today In less than
half what u was at tho outbreak OF
the war. and only one-third what n
was In tho low water marx year Issg
The yearly index numbesa reflect |
ing nv they do the average for The en- |
tire year, do not show as great pain.
but stu the 1917 number III rs per
ooht III advance OF that Of 1914.
r, The Crops.
The crop results OF 1917 show that
the balance lost by tho unfayor,hle
weather and short Yields OF 1914 was
partly restored by the efforts OF the |
hsrlculturist. This is true, at loast |
of most OF tho crops, tho the loss OF |
winter wheat In 1851 was NOT nna1o
up In spring wheat, and tho bunper
yidlds or corn, OATS rye, white and |
sweet potatoes and beans were tha re. |
suit rather OF enlarged areas than of |
Increased yields per acre, However, |
me Yields OF leading cereals--meat- |
hnihhM reeds foremost--wcro over
one-nfth larger than the year before,
sne potatoes an impCrtant human |
1000. were far In advanke OF anv nre-
viouh year. The plant n garden move |
bent. first actively proposed In these |
ooiunns early In March, wns trinn.
yindlcated and should 90.
further expansion In 1918. Tho nffort |
70 plant tremendous area in win
Ter wheat In fail OF 1917 was ehecltpd |
by adverse weather Cdrought1 hut
htiil record area has been planted |
thro the condition OF 7a.2 Ia q points
below n year ago. 10 points below |
me ten sehr average, and ls tho low.
'st 'e'e'.per condition on record |
Looking Forward.
fnasmuch ma the war has been and
IL the great moving feature I'm ~.
country's trade. rs Il is indeed In oye,.v
other department OF tho world,s
activity oil Views az 10 the future OF
commerce and industry must
inevitably hinge upon the course and
OUT ome OF that struggle As a particl-
pant In, instead OF spectator OF thc
Stuggle as In the preceding three
years, this country must naturnllv ex-
pect 10 show more effects OF IL the
longer the conflict continues. N tho
experience OF Great Britain thru thrce
years and OF .oursoyes thru nine
months Is to be accepted as a gtido
ING tendency VIII be 10 more ana
more subordinate all interests 10 the
W. winning of the country's greatest fight
ihs course or the stock market. es-
s'''N''F F'hN 'ilN Inlu-NGAf. which
mas been quite steadily downward ia
'ul repeating that Of those abroad
ma points to a further attraction of
'RrilW from all other activities 10 that
lf financing our immense expondi.
.ures. 80. too, with our industries
number OF the so-called non. esssn.
lol ones have already fclt the effect
n diversion OF demand or az
economies advocated or enforced bv
ihhlic interest The Drain on our man
'oWer we have now nearly coo 0Nn
non IN the military ana naval service
ana the extension " the draft hid
alr To draw other millions away from
ne tnrm, the factory, the offich and
no store Providing for these mus,
hloW greater burden upon those re
h'lmnF AT Nomc and upon the
women Of the country also. ''nugl
leaA az usual" Burely cannot nprly 10
II any pore than II has abroad In
ifltain there are said to be COO 900
'onen taking the place Of men who.
ave gone To- tho front The dlsplnro-
eent OF demand from civilian 10 min.
NY lines noted as growing month
Y month thru 1917, promIscg 10 no
oihe even moro marked ln 1918. ami
uuplcd with the economies enforced
" what looks like permanently higher
'rlces tur all commodities. point to- ef-
ects upon general trade whici, cep