The New York herald. [volume] (New York, N.Y.) 1920-1924, 1922-09-10
PRICES IN GERMANY |
NOT DEAR ALLOWING
FOR VALUE OF MARK
Many Articles Sell at World
Level if Gold Value Is
Considered.
J
TWO CENTS BUYS 3 EGGS
Mems Shoes for So, Meals Is
Cents and Beer for Cent
a Glass. "
TWO CENTS BUYS 3 EGGS

Special Gable % THE NEW York HERALD.
Copyright, 1899. ~ THE NEW YORK HERALD
New York Herald Bureau.
Berlin, Sept. ..
Three-fourths of the German people.
the labor and middle classes are miser-
able over prices which would make
Americans think that pre-war days
had returned. Following an advance
in prices which is considered exorbi-
tant here THE NEW York HERALD COR
respondent made survey and found
that many standard articles We're SELL
ing at the world level, when the fall OF
the mark IS taken into consideration.
Stores We're Offering ham at 10 cents
a pound. lard at 10 and margarine at
u. Real coffee costs from II to 20
cents a pound. with substitutes made
of grain as low as 2 cents. Nine cents
will buy a pound of sausage a cent
and half a herring and 1914 cents
pound of smoked fish. Two cents viii
purchase three eggs
Clothing prices, which are considered
almost prohibitive. read as follows. the
prices being taken from bargain coun-
ters: Ladies' silk stockings. 80 cents:
ordinary stockings. IL cents; baby stock
mems shoes. 81 to 81. Toilet soap Of
good quality costs . cents laundry
soap 5 cents. Two hundred yards OF
thread cost a seamstress 2ta cents
German can cat meal OF SOUP
meat and dessert IN a restaurant for
from 10 TO 10 cents and glass OF beer
with 1t will cost him about cent.
Afterward he can get a good seat 1T
the opera for 30 cents or he can 20 To
the movies at from TO cents
But these prices are translated int,
American values. In Germany. figured
IN paper marks. they have reached n
dizzy height. which has resulted in oc-
casional rioting and the plundering os
FOOD shops. In one OF the suburbs OF
Reriin the housewives formed n parade
ana marched to the City Hall TO demand
action against merchants who were put
ting up their prices in an effort to keen
Up with the fall In the mark.
The situation Is further complicated.
by the shortage of paper money. BE-
cause OF this shortage the smaller
banks arc writing out checks on the
Reichsbank. but these are not wanted
because OF the difficulty in getting them
cashed. as the Reichsbank cannot take
care OF the crowds that jam the building
with the intention or cashing such
checks and merchants are refusing them
for the same reason.
Because OF the shortage OF paper
money many employers are finding n
impossible 10 obtain enough paper
money to meet their payrolls. and they
cannot resort to checks because the en-
pioyees won't take them. This Is caus-
ing much discomfort Even hotel en-
ployees arc hit. as guests unable 10
obtain money Of smaller denominations
have been compelled to abandon tin
ping. The guests themselves In hundreds
OF cases arc unable 70 leave the hotels
because they cannot obtain money
enough to pay their bills and get out
without loading themselves down with
Reichsbank checks. The only thing for
them 70 do Is to remain on indefinitely
until the printing presses have caught
up with the demand for paper marks.
Yet last week the Government printing
presses produced 23.0oo. 0o0. 900 marks In
paper.