Amarillo daily news. [volume] (Amarillo, Tex.) 19??-current, 1921-01-19
WORLD WIDE DECLINE
IN PRICES CONTINUE

The price iohuggan II working IN -,
cry part ~ the world and IN q yorS
largo share ~ the articles forming in
tsrnailcnsl iradr Uf the % principal
articles " our import trade. fur whioh|
the average import prize l. stated by
the official records ~ the government
al but -four. 0ys statement hy the
National civ Bank - New Work. are
lower In the November 1890 impuri rr,-
ord than IN earlier months q the yplr
1899. The articles In the official usf
which "rcfuss o. cunc down Hrr news
pint papcr. wood pulp. pulp wo.d and
bananas
These official figures Il ihc average
monthly import price II %" principal
articles entering The cuuutrv Gre sYs
the hanks statement. an especially val.
uahle index 81 world prices The laws
~ tn. United States. Whish are unique
IN this respect r-uu.r, persons in for.
eign countries who are exporting mrr.
chands. a. the United States IN writing
and under oaih h,fur, a consul of the
United States The quantity and Salur q
the articles being ~cni 60 the United
Statcs or IN cas. uf thu lds,nrr ~ such
statement the consul il required o. o.
port the shipment and state the value
per unity u quantity IN th, wholesale
markets u the country w ci'y loom
which the mcrchsndis. IL sent Thrs,
statements. which b,cum, the basis al
the offcal valuation 1t The m.r,handls,
imported. a.. distinctly the prices vol
the country Il production ur eNportitlDn
20 the United States and thus present
an exceptionally acCunt, picture az
world prices from month 90 month
These valuations adds the bank
statement. show the broad world aver
agv price per unit q quantity in the
various articles In question rather thlu
that for any single country The rub. !
Der imported lot example. rspro-,nfsl
the products of the forests ~ Brazil tn /
INVITATIONS ~ the orient and the iun.l
glts az the Congo Valley. for We drew /
rubber from all ~ tho-. sections ana !
when the average import price q ihe |
entire quantity imported T. determined |
II pictures the world trend q prices /
ouEhly thin Is perhaps any other proc.
ess- This Illustration applies IN Fsnc-
al terms AZ least. 20 all classes ~ im.
ported nieichandise even though drawn
from widely separated sections q tho |
Llole.
The unanimi,y with which prices
the world over have already come |
down" Ia evidenced by the fact that |
y out Of the IS articles Included In the |
import price Est show a lower yalua
ton per unit Of quantity In November
1899. than IN earlier months - the
year. Raw cotton. for example. IL
valued In The Novemh.r. 1890. imports
At ss.5c per pound against esc PER
pound IN August % the ume year: raw
ak $50 per pound against sie2s In
March: clothing wool sac per pound
against an average of s0iC tn Nav:
Manila hemp t2t5 per ton against SAL
pr ton In July: flax Ssf2 per ton
against s2sts In August: cattle hides
.e.sc per pound against SAGE In Feb
rusfy: Euni skins s:sc per pound.
gains; si..o In May: PIG iron 5000 p.i
ton against ts5.ss in September: coffee
fs.sc per pound against - ic In Jan
uary; cocoa TO- &c per pound against
F.sr In March. fresh beef lace per
pound against i7sc In May. and rice
Sc per pound against lie per pound In
February.
The principal articles In the lis,
which still fail 10 Join In the general
downward movement are news priit
paper. of which the import price stood
In November. 1890. az ss.sc pr pound
against ss.sc per pound In January
eleached wood pulp $3.50 per ton
against $40 per ton la January: and
pulp wood SIS Is per cord against
ISIS In January, the November figures
u news print paper. bleached wool
pulp wood being In each ease higher H.
November than IN any earlier month ~
the year. while bananas still persist In
their upward movement standing M
November az 81 D. per bunch" against
the former high record q 509c N
March