Evening star., 1932-09-08
WHOLESALE PRICES
GAIN EXTENSIVELY
1.8 Per Cent Increase Last
Week, and Improvement
Abroad Shown by U. S.
Continued From First Page.)


for the unemployed before any definite
trend toward recovery will be noted, he
added.
Advances ranging from to points
were recorded for grains, foods, textiles,
non-ferrous metals and paint materials
over the previous week. Fractional rises
were made in quotations or fuels and
building materials, while iron and steel,
chemicals and pulp and paper held firm
Economists maintain that actually q
gain had been registered by those COM
mod:ties whose prices were able to re-
sist declines at time when most motor
plants are shut down for inventories
and the other normally heavy buyer the
railroads, made only gesture at buy
ing.
OF the 112 commodities in the list,
the last week witnessed advances in AZ
of them. There were only declines
recorded, while 62 quotations remained
unchanged. Compared with the pre-
vious week, therefore, there were 4
more advances, fewer declines and
the same number Of prices which with
stood recession factors for another week.
Textile Improvement.
Along with the agreeable perspective
offered by the price gains were such
important moves in the trade as a
continued improvement in the textile
industry with consequent increase
in price of yarns, print cloth, sheeting
and many other products. Since May
SO per cent, while yarns were moving
higher In price by more than 40 per
cent
Rubber trading has been more active
in recent days than at any time since
last March, and the quotations now are
10 per cent above the low levels.
OF the list Of 112, the records show
that Al were higher at the end of last
week than they were on May %, and 10
of the Al had improved their position
by more than Is per cent. There were
extreme gains of 87.5 in hides and
83 per cent in Japanese silk, according
to comparisons available at the depart
ment.
The prices Of farm products as of
August Is stood 35 per cent higher than
on July Is, and this increase made the
total gain amount to 1875 per cent over
the low point Of the year registered by
these lines.
Gains by Commodities.
4hC AOiiOWulS tdUuldIlOQ SHOWS Inc
percentage gain registered by each ,Ss
the Al commodities that are selling at
higher figures now than on May %:
Corn, 81 cents; fresh beans, 43.9 cents;
fresh lamb, IL cents; fresh pork loins,
727 cents; fresh pork shoulders, AIT
cents; lard, 34.9 cents; eggs, 327 cents;
butter, 1873 cents; cheese, II cents;
sugar, % cents santos coffee, 31.8
cents; cocoa beans, 206 cents; tea, SOL
cents; cotton yarn, 429 cents: cotton
yarn (duck), 447 cents; unfinished
print cloth, 48.9 cents; sheeting, 35.7
cents; combed lawn, % cents;N broad
cloth, so cents; Japanese silk. SO cents;
burlap, 1l.6 cents; hemp, 1875 cents;
anthracite. 6 cents; bunker oil, 1873
cents: rubber, rs 9 cents; hides dight)
87.5 cents; hides (heavy), 875 cents;
calfskins, 57.9 cents; cast iron pipe, IL
cents; copper. 1873 cents; zinc, 149
cents; silver bars, 2.7 cents; Portland
cement, 18 cents; carbon black, 43
cents; shellac, 20 cents; Rossyn, 16.1
cents; alcohol. lis cents.
Prospects for much larger wheat
crop last year, coupled with the general
firming Of prices, was said to have
given the Canadian situation an en-
couraging outlook. A new high record
served to offset some Of the i'll affects
of the continued low level of business,
while in Italy, gains in production of
pig iron, rayon and copper sulphate
along with an adequate supply of bank
funds were regarded as constant i'm
portant favorable developments.