Evening star., 1933-10-18
PRESIDENT HEARS
REPORT ON PRICES
Farm Produce Up 80 Per
Cent, but Roosevelt Not
Satisfied Yet.
BY the Associated Press.

By the Associated Press.
President Roosevelt feels that al
though farm prices have increased 80
per cent since the average for the year
that ended in March, they are not yet
high enough.
An economist for the Executive Coun-
Gil has presented figures to the Presi-
dent, showing products the farmer sold
in September brought 80 per cent
more than in the IL months ending
with March.
In the same period, it was stated
in official quarters. the economist re-
buys has increased II per cent.
Despite these figures, the administra-
tion was described as feeling the
farmers return Is still far too low.
Living Costs Mount.
Figures also have been submitted to
the President showing factory employ
ment in September compared with 1929
had recovered two-fifths of its decline,
and the income Of factory workers had
regained quarter of the loss. while
the cost of living rose per cent from
March to September.
Meanwhile it was announced that
wholesale commodity prices collected
by the Labor Department showed an
increase Of nearly 2 per cent during
September bringing the increase over
a year ago to nearly 8l2 per cent.
The department said today the Bu-
reau of Labor Statistics study of 784
commodities or price series based on
1926 as 100 rose from 69.5 for August
to 70.8 for September.
Highest Since 1881,
The index for September averaged
above 70 for the first time since No
vember, 1881. and is higher than for
any month since october. 1881, when
the figure was 70.3. In September, 1882,
the index was 65.3. In February Of this
year, the record low point, the index
was 59.8.
Between August and September in
creases were reported in 294 COM
modities or price series, decreases in 1872
and in 1913 instances no change was
shown
The largest price advance was shown
by the fuel and lighting group, which
increased almost tx per cent over the
previous month. coal, coke and petrol
cum products rising while electricity and
gas decreased slightly.
Textile products rose per cent, the
second largest advance, this being due
largely to increases in prices of cloth
ing, woolen and worsted goods. Cot
ton goods, silk and rayon registered
slight declines.
Wholesale prices Of farm products,
which advanced rapidly for six months,
showed a reaction in September, drop
ping ! per cent as compared with Au-
gust although still 80 per cent above
February, and 16 per cent above the
corresponding month last year.
Drops were registered in corn, wheat,
cattle, lambs, cotton, oranges, hops and
potatoes. Barley, oats, rye, calves, hogs,
eggs. lemons, hay, tobacco and wool
showed increases.
Other Products Are Up.
Increases also were recorded in the
following manufactured products: But
ter, macaroni, rice, canned fruits and
vegetables. fresh pork and veal, dressed
poultry, fish, lard, salt and raw sugar.
On the other hand, cheese, flour,
cured beef, lamb, mutton, cured pork,
granulated sugar and most vegetable
oils averaged lower than the month
previous.
Advances were registered on prices of
boots and shoes, leather and other
leather products, as well as metal prod
ucts and building materials.