Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1921-02-12
Reimbursement of Prices


the general level of commodity prices, as
measured by buns Index Number of whole
sale quotations, is 29.4 per cent below the
high record of last May, The decline turing
January slightly larger than that of
December, being "a per cent as against
o. per cent in the earlier month, and com
pares with the maximum recession of 6.S
months further defIation, the February /
total OF $1S5,S22 marks the lowest point
reached in exactly four years, and the
advance over the pre-war basis, which at
one time exceeded lis per cent, has mar
rowed to about "a per cent. The index num-
Der has: therefore, lost considerably, more
than half the rise which occurred through
the war period and afterward, and is 26.S
per cent under the figure of a year ago,
when the price tendency was still upward.
Dun s Index Number, it is important to
note, is based on the estimated per capita
consumption of each of the many articles
included in the compilation.
With the exception of meats, which re-
manned practically stationary, all of the
seven divisions into whic hthe index num-
Der is separated were lower on February l
than 3 month previous, the largest decline
being one Of 10.1 per cent in dairy and
garden products. The RECESSION in bread
stuffs was also if stable proportions,
amounting to 80 per. cent, and the class
designated as "Other food yielded - per
cent. For all foodstuffs together there was
q net decline Of 7.6 per cent, while the
clothing group receded an additional 50
per cent The downward trend in metals,
moreover, was sharply defined, reaching
"a per cent, and the miscellaneous total
was lowered by 3.S per cent. In the case
of hreadstuffs, the index number is LOW
at the lowest level touched since August l.
1916
LIVE STOCK MARKET
CHICAGO, Feb. 11.-Cattle: Receipts
5000; beef steers and she stock steady;
top steers, $3.50; bulk beef steers, $7.5Om
SO; bulk butcher cows and heiferS, $5.006l
$50; Gamers and cutters mostly So 7J0D
3.75; bulls weak to 25c lower; bulk boiognas,
T4.50@5.O0; veal calves strong to 25c higher;
bulk veal calves, $10.50@11.50; stockers and
feeders steady
Hogs-Receipts %, 900; 15c to Csc higher
than yesterdays average; lights active, 9th
FRS slow; top, $1,000; bulk 200 pounds down,
s &c 10000; bulk 22o pounds up, $3.50
DO to 125 pound pigs, $9.50@9.9O.
sheep-Receipts 1000; lambs very slow;
no choice handyweights sold early; bidding
SOC to 75c lower; bulk medium weight, SIS CO
MS.50; sheep weak to lower; bulk fat Swes
early, $3.50@ 40
EAST ST. LOUIS, Feb. 11.-Cattle: Re-
ceipts 1000; steer quality common: no beef
and few Stocker steers sold; heifers steaiy;
top. $500; cows steady; bulk. $4.75MJ. so;
bulls slow; Gamers steady; bulk 1925; few
veal calves brought $1,000.
Hogs-Receipts 11,ooo; fairly active,
steady to Toe higher than yesterdays aver
age; lights 10c to 15c higher; mediums and
heavies steady to strong; top lights, $1,000;
bulk, $9.75M9.90; bulk mediums, $4,000
80; bulk heavies, $S.50@S.75; packer sows
25c higher; pigs steady to 15c higher; quail
ity medium TO good.
Sheep-Receipts 600, slow and no early
| trading; undertOne lower; bulk of run good
western lambs, yearIings ewes here.
LOUISVILLE, Ky, Feb. 11.-Cattle: Re
ceipts 100; steady; heavy steers, S7.50M
90 beef steers. 81 50m $50; hefers, 5000
OPS; cows, $4,000 $50; feeders, $5.uoW
n
Hogs-Receipts, 600; steady; 200 pounds
up, 1925: 100 to 2GO pounds, S9.75; pigs,
$SO0m 900; throwouts. $500, down.
Sheep-Receirts. 100 steady; lambs,
$1,000. sleep, $500