Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1921-04-28

prices were: Barley, I cent and
corn one-half cent. These Inedian
prices furnish an index Of conditions
prevailing throughout the month and
tions due to changes in daily quota
lions. The median Is that price al
which the number of bushels sold al
q higher price-is exactly equal to the
number of bushels sold at a lower
price.
Flour, declined so cents a barrel al
Minneapolis between the last of Feb
ruary and the last Of March, and 50
cents additional by April 20, although
this ow level was. not maintained.
Wholesale produce prices for "a i'm
portant articles. in, the Minneapolis
market indicated six declines, one in
crease. and the remainder unchanged
in March as compared with February
There were decreases in butter, eggs
oranges, new beets, green beans and
veal: The only increase was in potar
toes which advanced from $1.25 tc
$50 per hundredweight.
The median quotations for cash
sales of livestock at the South st. Pau
stock yards during March as compar.
ed with February increased with the
exception Of veal calves which re.
manned unchanged. The increases in
median prices were as follows: Butch.
er steers, $780,; stock and feede,
steers, 1925: butcher cows and heif.
ers, Is cents; lamb, SO cents; hogs, AZ
cents. 80
Cost of IAving.
Between March / and April / the
cost of food in the Ninth federal re.
serve district, as evidenced by the
change in prices Of 20 staple article.
in six cities. exhibited a 20 per cen,
HaNlinn This Ao0linn mo @ H,Vn RI 10
creases in the cost of food in st. Paul
Duluth. Miles City and Grand Forks
Minneapolis exhibited a slight in.
crease in food prices, principally ir
meat products. Helena, Montana, also
exhibited a slight increase. The cost
of food on April 1 as compared witt
January / evidences a decline Of les.
than 8 per cent.
Rents increased 2.6 per cent be.
tween March l and April 1, due to 9
rise in rentals in Minneapolis, Helena
and Grand Forks. Rents were station.
airy in st. Paul, Duluth and Miles
City. The increase in rentals in
Minneapolis and Helena also caused
a rise in our rent index for the Ninth
district of "a per cent as compared
with January 1 of this year. Rents q,
Grand Forks declined in February blu,
returned to the January figure by
April L..
Our index number covering all ar,
ticles entering into the cost Of living
has been omitted this month, OWNS
to the fact that April marks thu
transition from winter to summer ant
it. would be inaccurate to compar,
prices Of many winter and .summel
articles such as clothing.
Milling and Flour Movement.
Tho nrn1notiN~ 4f AnSyr vail1~ S~ <hi
district for the four weeks endir:
March &c declined about, 3 per cen
as compared with the four weeks end
ing February &c, but tho total pro
duction was about 20 per cent large,
thar a year ago.
Flour shipments in March from
Minneapolis and Duluth combined
were 8 per e n larger. than in Febru
airy and IS per cent larger than ii
March asyear ago. Minneapolis ship
ments alone increased 3 per cent !,
The total -four output ins-the Unite,
States for the past seven years aver
aged one-tenth of n per, cent large
in March than in February.
Lumber "Yndustry.
Reports received direct by this of
flee from a selected list of~manufac
turers and retailers indicate some, i'm
provement in March over February
There were increases I'M the lumbe
cut, stocks on-hand, and shipments o
manufacturers, and a very substantia
increase in the sales of retailers. How
ever, these increases have not brough
the totals up tosthe volume enjoyed
year ~ a4omIpHHreds with a yea
ago thefsfof7owfng decreases are evi
dent: sc per, cent. in shipments o
~ = nv F. ut ,YvAN "A o i,@a. N~xA &o nn1~~ -
retailers, and 26 per cent In, lumbe
cut by manufacturers.
Manufacturers stocks are mo-
than SO per cent larger than q. yea
ago, while retailers stocks have de
clined about Is per cent. 2s
About one-half of the manufactur
ers reported wage reductions an
price reductions. More than sone-hal
of the retailers reported price. reduc
tions. All except one manufacturin
company reported reductions in ad
per cent as comparedawithsaaye agt
One company reported An~$increases@l
~ per cent. Collections have hi
been entirely satisfactory.IE Manufat
turers report that they have outstahd
ing 3.8 per cent Of their total 1872
sales, Of which therlargerr part IS
the form of notes; while the retailer
report that they have outstanding 8:
| per cent of their 1920 sales, of whic
the larger part is on open account.
Mining Industry.
Copper production in March we
about 20 per e n greater than !
February, owing to arrangement,
made for shutting down OF the Ana
conda and Calumet and Hecla mine
among others, on the first of April.
Building Operations.
Contemplated projects in the mfr
largest cities of this district, whe
measured by the number Of permit
and SER valuations, increased
March as compared with Februar
The increase in the number Of pc,
I mits was 1876 per cent and in the. val,
alton % per cent. All cities exper
enced increases both in the number
permits and in the total valuation
except Fargo. When comparisons al
made with a "a ago. however, it 81
pears that the increase in the nun
Der of permits was but 38 per cen
and that there was q decrease in tt
total valuation of more than 16 p,
Upon closer analysis of the report
1t appears that the. increase in Marc
as compared with February was di
to a relative increase in the valuatit
Of permits for repairs and alteration
Renairs constitute over ~ per cent
the total valuation in March as con
pared with the normal percentage