The Powder River County examiner and the Broadus independent. [volume] (Broadus, Mont.) 1919-1935, 1922-03-03
CLOTHING PRICE Is
DOWN II PER CENT
HAS DROPPED THAT MUCH FROM
THE PEAK OF 1890, SAYS
NEW YORK REPORT
Interesting Analysis Il Made Of Retail
Selling Prices by the National Dry
Goods Association and the National
Industrial Board; Reduction IL
General.

Retail clothing prices of all kinds
had dropped ~ per cent by Novem-
Der last below the peak Of prices
reached in March, 1920, and the cost
Of clothing for man and wife. from
July, 1920, to November last, drop
ped 3S.4 per cent-these are out
standing facts in the analysis. Just
prepared by the National Dry Goods
association, Of the impressive re-
search report on changes in the cost
Of living compiled by the National
Industrial board.
The difference of 2.6 per cent be-
tween the average fall in clothing
prices and the cost of clothing man
and wife is due to the circumstances
that the clothing cost for the aver
age couple is actual, as being. not
the cost Of clothing items separately.
but the cost of just such quantities
Of each clothing item as the average
couple consume in the course Of one
year.
Reduction Is General
Previous Investigations having
shown that the cost for children's
clothing changes in proportion to
adults, the reduction applies practi.
cally to the cost Of clothing the en-
tire family. The cost Of yard goods
having increased in proportion to The
advance in ready-to-wear clothing
homemade clothing produced from
yard goods would show about thu
same net increase In cost as ready
to-wear which, in November. 1921
remained 81 per cent above July
1914, although the actual cost Of til,
homemade clothing would be some
what less than that Of the ready-to
wear.
The prices entering into the surve!
we're obtained by the National Indus
trial Conference board from sched
ules obtained from 1916 stores in q
cities of the United States.
i Lowering Was Steady
Comparative figures over tn
post-armistice period are altogethe
enlightening In view Of the curren
discussions Of retail prices. The larg
est increase over any four-month pc
riod occurred between November
1919, and March, 1920. the rise beinl
Is per cent. Then the drop began
BY July, 1920, with the retail price
OF clothing which had ruled 70
March reckoned at 100 per cent, Their
was q decrease of four per cent. From
the SO per cent remaining, IA pc
cent had disappeared by November
leaving S2.66 per cent, every success
sive decline being calculated, not O
the original 100 per cent figures q
March, 1920, but on what RENAME
of them after each reduction. B
March, 1921, the 82.66 per cent lei
in November, 1920, was reduced 2
per cent, leaving only 63.6 per CEN
BY July, 1921, 6 per cent came Of
that 63.6, leaving 59.S per cent. B
November last, drop of two per Ger
from the 59.8 per cent left only 5S.1
per cent remaining, and that wa
: 41.39 per cent below the prices pr
vailing In March, 1920.
!. The percentages, however. fail
. allow for minor fractions runnin
: through the calculations as made o
, the actual price figures, which Civ
{ the exact reduction as ~ per cent. A
q rule, the fall in prices was creates
where increases had been creates
. and least where they had been leas