bls_0453_1927.pdf

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U. S. DEPARTMENT OF LABOR JAMES J. DAVIS, Secretary BUREAU OF LABOR STATISTICS ETHELBERT STEWART, Commissioner BULLETIN OF THE UNITED STATES \ A C O BUREAU OF LABOR STATISTICS/ • JlOe **00 WHOLESALE PRICES SERIES REVISED INDEX NUMBERS OF WHOLESALE PRICES 1923 TO JULY, 1927 SEPTEMBER, 1927 UNITED STATES GOVERNMENT PRINTING OFFICE WASHINGTON 1927 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Transcript of bls_0453_1927.pdf

U. S. DEPARTMENT OF LABORJAMES J. DAVIS, Secretary

BUREAU OF LABOR STATISTICSETHELBERT STEWART, Commissioner

BULLETIN OF THE UNITED STATES \ A COBUREAU OF LABOR STATISTICS/ • • • • JlOe * * 0 0

W H O L E S A L E P R I C E S S E R I E S

REVISED INDEX NUMBERS OF WHOLESALE PRICES

1923 TO JULY, 1927

SEPTEMBER, 1927

UNITED STATES GOVERNMENT PRINTING OFFICE

WASHINGTON 1927

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Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

CONTENTS

PageIntroduction_________________________________________ _____ _______________ 1Table 1. Revised index numbers of wholesale prices, by groups of com­

modities, January, 1923, to July, 1927_________________________________ 2-7Table 2. Index numbers of wholesale prices and purchasing power of the

dollar, January, 1923, to July, 1927____________________________________ 8Table 3. Weights and base prices used in constructing revised index

numbers of wholesale prices, by groups of commodities________________ 9-19Table 4. Wholesale prices of commodities, July, 1926, and June and

July, 1927_______________________________________________________________20-31h i

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Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

BULLETIN OF THE

U. S. BUREAU OF LABOR STATISTICSNO. 453 WASHINGTON SEPTEMBER, 1927

REVISED INDEX NUMBERS OF WHOLESALE PRICES, 1923 TO JULY, 1927

INTRODUCTIONThere are presented herewith the results of a recently completed

revision of the index numbers of wholesale prices constructed by the Bureau of Labor Statistics. This revision consists of (1) the addition of a number of important articles to the list of commodities included in the index, (2) a shift of the price base to the last completed year, 1926, and (3) the substitution of more recentweights” for those heretofore employed. In addition, there has been a slight rearrange­ment of commodities in certain groups, while the former group of “ clothing materials” has been superseded by two groups— “ hides and leather products” and “ textile products.”

The number of commodities or price series .has been increased from 404 to 550, some of these being composites jpciade by combining three or more quotations into one. A complete list of the commodities in the new index, together with the 1926 base prices and the quantities used as weights, will be found on pages 9 to 19 of this bulletin. Additions to the list formerly used include, among others, such im­portant items as agricultural machinery and plows, automobiles and tires, prepared fertilizers, by-product coke, manufactured gas, gloves, traveling bags and suit cases, rayon, sewing machines, stoves, box board, and mechanical wood pulp. Several articles no longer im­portant, as clay worsted suiting, New York State hops, and Bessemer steel billets and rails, have been dropped.

The shift in the price base from 1913 to 1926 has been made in order that the latest and most reliable information may be utilized as the standard for measuring price changes. Also, it has become increasingly apparent that the year 1913 is now too remote to furnish a satisfactory base for comparing price levels in recent years.

For much the same reasons data for the years 1923 to 1925 have been substituted for the 1919 figures used in weighting the prices included in the index numbers. Where trustworthy information for the three years 1923, 1924, and 1925 could be procured, as in the case of agricultural products, the average for these years was used as the weight. For manufactured products the biennial census reports of 1923 and 1925 were used. In all cases the most recent and dependable information obtainable has been employed in con­structing the weighted index numbers for the various groups of commodities. It is the purpose of the bureau to extend the revision of its index numbers further into past years as the exigencies of the work will permit, and additional results will be announced as fast as the computations are completed.

1

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T a b l e 1.— Revised index numbers of wholesale prices, by groups of commodities, January, 1928, to July,

2 REVISED INDEX NUMBERS OF WHOLESALE PRICES

11926=100]

Year and month

Farm products Foods

GrainsLivestock

andpoultry

Otherfarm

productsAll farm products

Butter, cheese,

and milkMeats Other

foods All foods

1923Average for year------ 88.0 77.7 116.7 98.6 103.4 76.2 99.6 92.7

January________ 87.8 78.9 118.0 99.6 110.9 80.3 92.9 92.3February_______ 90.0 78.7 118.3 100.0 107.4 76.0 94.9 91.2March_________ 89.4 78.8 118.8 100.2 106.0 74.6 99.3 92.6April.................... 92.7 75.7 116.2 98.5 102.4 74.5 102.3 93.3May----------------- 91.5 77.8 111.6 96.7 94.3 74.6 103.3 92.3June___________ 87.8 75.1 113.4 96.0 92.5 75.5 102.0 91.7July........... ......... 83.6 78.1 108.6 94.0 94.3 76.1 98.5 90.5August_________ 84.3 82.0 109.2 95.8 100.1 77.2 94.2 89.9September______ 87.2 84.2 115.5 100.0 105.9 81.9 97.2 94.0October________ 92.9 78.0 118.9 100.6 108.4 79.6 101.7 95.8November ------- 85.3 71.8 128.2 101.8 110.5 74.1 103.1 95.1December............ 82.4 72.7 127.1 101.0 109.0 71.6 100.7 92.9

1924Average for year____ 100.6 79.3 114.2 100.0 94.5 75.7 100.0 91.0

January._______ 85.3 74.0 125.9 101.4 105.1 71.4 99.3 91.4February_______ 87.5 74.0 120.0 98.8 102.8 70.1 99.9 90.8March_________ 85.9 77.7 111.5 95.7 99.6 70.4 97.5 89.2April___________ 85.2 79.7 113.7 97.3 90.8 71.4 95.2 86.7May----------------- 86.0 77.7 110.3 95.1 85.4 73.3 93.1 85.3June___________ 90.4 74.4 109.5 94.3 87.1 76.2 93.0 86.5July------------------ 104.4 77.5 111.2 98.6 87.5 74.7 95.7 87.4August_________ 109.1 84.2 111.9 102.0 91.1 78.3 97.9 90.3September______ 109.2 84.3 108.6 100.4 93.7 80.1 100.8 92.8October________ 114.2 86.0 111.5 103.2 91.6 80.8 105.4 94.9November______ 116.9 78.8 116.2 103.6 98.8 80.6 107.4 97.1December______ 129.9 82.6 118.6 108.3 101.1 82.0 110.0 99.3

1925Average for year____ 118.3 98.9 114.5 109.8 101.1 93.3 104.5 100.2

January________ 139.7 87.8 122.9 113.8 99.5 82.3 111.2 99.7February_______ 136.9 91.7 118.1 112.4 100.0 81.8 107.2 97.7March................. 124.5 104.8 114.2 112.8 103.5 88.8 104.1 99.1April___________ 116.3 100.0 109.9 107.6 100.0 91.6 99.8 97.3May___________ 123.8 96.8 108.8 107.3 96.3 88.8 101.8 96.7June___________ 121.5 100.9 110.9 109.3 94.4 89.3 104.6 97.8July............. ........ 114.8 106.7 115.0 112.1 97.6 94.3 103.2 99.4August_________ 115.9 105.5 114.3 111.6 100.8 97.4 103.5 101.2September______ 107.5 105.1 114.4 110.0 103.9 98.5 102.4 101.6October_________ 104.3 97.9 114.4 107.0 106.2 104.6 102.2 103.8November______ 106.8 93.8 118.4 108.1 106.0 104.2 107.6 106.2December........... 110.0 93.9 111.8 105.4 104.6 99.0 103.9 102.4

1926Average for year____ 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0

January________ 112.6 98.8 111.6 107.4 102.3 100.3 104.2 102.6February........— 108.2 100.4 107.3 105.1 101.6 97.8 101.9 100.5March_________ 101.8 99.8 103.0 101.7 99.5 98.0 99.7 99.1April___________ 102.9 98.6 105.6 102.8 97.2 99.3 102.5 100.4May___________ 100.3 103.8 102.2 102.4 96.0 100.2 101.7 100.1June..................... 97.6 106.7 98.0 100.9 95.4 102.3 101.3 100.5July____________ 100.7 102.2 95.3 98.6 95.5 101.4 98.2 98.8August............... . 95.7 98.3 97.1 97.2 97.3 99.9 95.9 97.5September______ 95.3 103.7 97.7 99.3 101.1 101.6 98.0 99.8October............ . 97.4 102.2 95.1 97.9 102.9 101.3 99.7 100.8November______ 93.6 93.3 96.2 94.7 104.5 99.0 99.9 100.5December.______ 96.9 93.5 95.2 94.9 107.4 98.4 99.6 100.7

1927January.___________ 95.9 98.5 95.4 96.5 105.4 89.4 98.8 96.9February___________ 95.3 99.4 92.6 95.4 107.1 89.6 95.7 95.9March........................ 93.0 100.6 90.2 94.2 106.1 89.9 93.0 94.5April_______________ 93.2 101.2 89.8 94.3 105.2 90.9 93.0 94.6May----------------------- 104.3 93.9 95.1 102.1 98.9 89.8 95.7 94.4June_______________ 109.7 90.6 95.9 100.2 97.7 88.6 97.1 94.4July....................... . 107.0 95.3 95.9 101.2 97.9 90.5 94.7 93.9

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•REVISED INDEX NUMBEKS OF WHOLESALE PEICES 3T a b l e 1 .— Revised index numbers of wholesale 'prices, by groups of commodities,

January, 1928, to July, — Continued

[1926=100]

Year and month

Hides and leather products Textile products

Hides and

. skinsLeather

Bootsand

shoes

Otherleatherprod­ucts

Allhidesand

leatherprod­ucts

Cottongoods

Silkand

rayon

Woolenand

worstedgoods

Othertextileprod­ucts

Alltextileprod­ucts

1923Average for year___ 117.6 104.1 99.1 103.8 104.2 116.9 129.5 107.5 77.4 111.3

January............. 130.9 107.0 98.9 103.8 107.6 116.9 127.8 104.4 79.5 110.2February........... 135.5 107.1 98.9 103.8 108.6 118.9 129.5 106.0 79.7 111.8March................ 137.2 107.8 99.4 103.8 109.4 121.0 132.0 107.6 78.9 113.4April..................May................. .

137.1 107.8 99.4 103.8 109.3 120.3 135.3 110.1 78.9 114.4135.4 107.0 99.4 103.8 108.8 117.3 135.1 110.4 77.1 113.0

June.................. 121.8 104.6 99.4 103.8 105.5 115.0 128.9 109.2 76.6 110.5July.................... 110.8 104.9 99.4 103.8 103.3 111.8 123.3 108.2 76.5 107.9August............... 107.3 102.9 99.4 103.8 102.1 110.3 122.1 107.3 75.4 106.7September......... 102.0 102.4 98.9 103.8 100.7 113.5 134.0 107.2 75.9 110.2October----------- 100.8 101.7 98.9 103.8 100.3 115.5 135.1 106.8 76.2 111.1November......... 91.2 100.0 98.9 103.8 97.9 120.3 126.3 106.4 76; 5 111.4December........ . 99.1 98.4 98.9 103.8 99.2 124.1 124.7 106.3 77.0 112.7

1924Average for year___ 110.2 99.8 98.4 103.9 101.4 114.7 103.1 106.8 87.1 106.7

January............. 103.9 98.5 98.8 103.9 100.1 121.6 125.4 105.6 82.1 112.3February........... 115.8 99.7 98.8 103.9 102.9 118.2 115.5 105.6 81.7 109.1March................ 112.5 100.1 98.8 103.9 102.3 114.8 109.4 106.1 81.9 106.8April..................May...................

106.5 100.1 98.7 103.9 101.0 113.5 102.3 106.2 82.5 105.0103.1 99.7 98.6 103.9 100.2 114.8 97.9 106.0 82.1 104.7

June................... 102.7 95.9 98.6 103.9 99.2 114.8 92.9 105.2 82.8 103.6July................... 103.3 95.7 98.6 103.9 99.3 114.2 94.7 104.7 83.9 103.7August............... 109.0 99.3 97.7 103.9 100.8 115.3 100.4 104.9 86.8 105.6September......... 108.9 99.4 97.6 103.9 100.7 112.9 99.6 105.9 87.7 104.9October............ . 112.3 100.5 98.0 103.9 101.9 112.4 97.7 108.9 96.9 106.4November......... 116.5 103.1 98.7 103.9 103.7 112.3 100.8 110.6 98.5 107.7December.......... 126.2 106.2 99.1 103.9 106.6 112.2 101.2 111.5 97.7 107.8

1925Average for year___ 118.7 104.8 100.5 104.0 105.4 110.0 104.5 110.2 104.1 108.3

January............. 136.3 109.1 100.2 104.0 109.9 111.1 101.8 113.3 104.1 108.8February______ 138.7 110.6 100.4 104.0 110.9 111.0 102.9 114.2 103.6 109.2March................ 129.9 110.6 100.6 104.0 109.1 112.0 100.5 114.1 105.5 109.4April.................May...................

120.0 108.2 100.6 104.0 106.5 111.5 101.1 113.1 102.5 108.6114.6 103.1 100.6 104.0 104.3 110.3 102.4 111.1 101.7 107.7

June................... 110.4 103.5 100.6 104.0 103.5 108.8 102.9 110.6 100.9 106.9July.................... 114.6 103.1 100.7 104.0 104.3 108.8 103.9 109.8 102.2 107.1August............... 114.8 101.9 100.7 104.0 104.1 109.3 106.1 108.2 103.5 107.4September....... . 112.5 101.9 100.7 104.0 103.6 109.8 107.9 107.0 104.2 107.6October.............. 110.0 101.9 100.7 104.0 103.1 110.3 108.5 106.8 107.0 108.3November_____ 110.0 102.1 100.7 104.0 103.1 108.7 107.8 107.3 107.6 107.7December-......... 112.8 101.8 100.7 104.0 183.6 107.4 108.1 107.0 106.8 107.0

1926Average for year----- 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0

January............. 112.8 101.8 100.5 100.0 103.3 105.8 108.2 106.7 106.2 106.3February........... 104.1 101.8 100.5 100.0 101.4 104.8 107.6 105.3 104.9 105.2March......... ...... 98.0 101.8 100.5 100.0 100.1 103.5 104.0 103.1 101.7 103.0April.......... ........ 91.6 101.4 100.4 100.0 98.7 102.3 100.5 101.4 101.0 101.3May................. 94.8 99.6 100.4 100.0 98.9 100.5 100.1 100.5 99.3 100.1June................. 94.6 99.2 100.3 100.0 98.8 99.1 100.3 100.3 98.3 99.4July.................. 97.5 98.6 99.8 100.0 99.0 98.6 98.0 99.3 *98.4 98.5August............- 100.5 98.7 99.8 100.0 99.7 99.5 97.6 98.7 97.7 98.5September.----- 95.8 99.1 99.8 100.0 98.8 100.0 99.0 98.4 98.5 98.9October....... — 106.2 99.2 99.8 100.0 101.0 97.3 97.6 98.3 99.2 97.7November......... 103.2 99.4 99.8 100.0 100.4 95.4 94.7 98.5 98.1 96.3December........ . 103.3 99.4 99.8 100.0 100.4 93.3 92.4 98.4 99.7 95.2

1927January.................... 105.5 99.6 99.8 101.2 101.0 92.1 90.1 98.2 99.9 94.3February.............. . 101.5 99.7 99.8 101.2 100.2 92.6 90.9 98.9 97.9 94.6March...................... 102.3 100.2 99.8 101.2 100.5 92.7 90.6 98.8 93.5 94.0April.........................May.........................

108.2 100.2 99.8 101.2 101.7 92.5 91.8 98.7 94.5 94.2114.2 103.3 99.9 101.2 103.7 93.8 90.7 97.4 92.5 93.9

June.......................... 123.8 107.6 101.0 101.2 107.3 95.1 90.3 97.1 93.0 94.3July.......................... 133.5 113.5 103.0 101.6 111.7 96.1 87.4 97.2 93.9 94.3

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4 BEVISED INDEX NUMISEKS OF WHOLESALE PEICES

T a b l e 1,— Revised index numbers of wholesale prices, by groups of commodities, January, 1923, to July, 1007— Continued

[1926=100]

Fuel and lighting

Year and monthAnthracite

coalBituminous

coal Coke Manufac­tured gas

Petroleumproducts

All fuel and

lighting

1923Average for year....................... 100.8 113.4 118.8 104.8 82.6 97.3

January.............................. 101.4 136.9 134.6 106.8 88.7 108.4February-.......................... 101.1 129.9 130.7 105.8 101.4 111.8March................................ 100.7 122.1 131.6 105.8 103.7 110.6April.................................. 97.0 115.4 130.5 105.8 98.5 105.6May............ ...................... 97.5 112.6 123.3 105.8 87.5 99.3June------ ------ ---------------- 98.1 110.1 119.5 104.8 86.0 97.6July_____ ____________ 99.2 107.9 114.3 104.8 79.1 93.6August........ ......... ............. 100.4 106.8 113.1 102.9 75.0 91.4September______________ 102.9 107.1 113.3 102.9 71.3 90.0October,-.......................... 103.6 105.7 108.8 102.9 69.6 88.6November......................... 103.8 103.8 103.0 102.9 64.7 85.5December........................... 104.0 103.0 101.9 102.9 65.5 85.6

1924Average for year....................... 98.6 99.7 97.2 102.9 83.5 92.0

January.............................. 101.4 104.0 101.9 101.9 83.3 93.8February. ......................... 100.8 103.5 102.6 101.9 94.7 98.9March................................ 99.8 101.6 102.6 102.9 94.0 98.0April...................................May...................... ............

95.7 99.7 99.3 102.9 92.9 96.296.0 99.1 98.0 102.9 89.1 94.2

June................................... 96.8 99.1 96.6 102.9 83.0 91.4July.................................. 97.7 97.4 94.6 102.9 81.2 90.0August................................ 98.4 96.7 93.5 102.9 76.7 87.7September...................... . 98.9 98.1 94.2 102.9 76.6 88.2October................. ............ 99.3 99.0 93.5 102.9 73.2 86.9November.......................... 99.2 98.7 93.5 102.9 75.7 88.0December......................... 99.3 99.1 96.1 101.9 80.2 90.3

1925Average for year______ ____ 99.7 96.5 97.7 101.9 95.0 96.5

January.............................. 98.3 98.3 97.4 101.9 83.5 91.5February. ........................ 98.1 96.5 96.9 101.9 104.2 100.6March...................... ......... 97.0 95.5 95.6 101.9 99.9 98.1April..............................._.May...................................

93.0 94.3 94.3 102.9 94.3 94.692.7 94.3 93.3 101.9 96.4 95.5

June................................... 93.3 93.8 92.5 102.9 104.2 99.0July..................... .............. 94.1 93.8 92.6 102.9 102.3 98.2August.............................. 95.7 94.7 93.4 102.9 95.4 95.5September............ ............ 99.9 97.7 94.9 101.9 89.3 94.1October.............................. 108.6 98.2 105.8 101.9 87.4 95.1November.......................... 112.9 100.5 111.0 101.9 89.4 97.6December.......................... 112.9 100.7 105.9 101.0 91.7 98.3

1926Average for year.'..................... 100.0 100.0 100.0 100.0 100.0 100.0

January.............................. 113.7 98.9 114.0 101.9 92.3 98.7February. ...................... . 102.0 99.0 115.3 101.0 96.3 99.1March................... ............ 101.2 97.2 102.2 101.9 96.9 98.1April................................... 98.1 95.0 93.6 101.9 99.4 97.7May................................... 97.6 95.2 92.6 101.0 106.3 100.8June................................... 97.3 95.2 94.0 101.0 106.6 101.0July.................................... 97.4 95.4 93.8 101.0 103.3 99.5August............... ................ 98.1 96.6 94.3 100.0 104.6 100.6September.......................... 98.4 98.2 95.3 99.0 105.4 101.5October..:......................... 98.4 104.3 96.3 99.0 100.9 101.3November.......................... 98.8 116.8 106.2 99.0 94.1 102.5December.......................... 98.8 107.9 103.3 98.1 93.7 99.4

1927January................................... 99.1 103.9 97.4 99.0 93.0 97.7February.................................. 98.9 101.5 96.1 99.0 90.9 95.8March................................... 96.8 100.1 96.0 98.1 80.0 90.0April......................................... 93.8 99.9 95.4 98.1 70.0 84.9May......................................... 93.6 99.8 94.0 99.0 68.0 83.9

94.8 100.3 94.2 99.0 68.0 84.295.2 100.0 93.7 99.6 68.1 84.2

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

T a b l e 1*— Revised index numbers of wholesale pricesy by groups of commodities, January, 1923, to July, 1927— Continued

REVISED INDEX NUMBERS OF WHOLESALE PRICES 5

(1926=100)

Year and month

Metals and metal products Building materials

Ironandsteel

Non-ferrousmetals

Agri­cul­

turalimple­ments

Auto­mo­biles

Othermetalprod­ucts

Allmetals

andmetalprod­ucts

Lum­ber Brick

Port­land

cementStruc­turalsteel

1923Average for year----- 117.3 95.3 98.8 108.7 103.3 109.3 111.8 103.6 107.9 123.7

January............. 106.6 95.0 98.5 107.9 104.2 105.0 114.1 102.2 105.2 102.1February........... 110.6 99.4 98.5 107.9 104.2 107.1 116.8 102.7 108.5 107.2March................ 117.1 107.4- 98.5 107.9 103.2 110.8 120.7 103.3 108.5 112.3April.................. 122.9 106.8 98.6 107.9 103.2 112.8 123.4 104.3 108.5 132.8May*_................. 122.8 100.4 98.6 107.9 103.2 111.7 120.0 102.8 108.5 134.0June................... 120.6 95.8 98.8 108.0 103.2 110.3 114.2 104.9 108.5 130.2July.................... 119.5 92.3 98.9 114.3 103.2 111.8 110.9 105.3 109.4 127.7August............... 119.1 91.2 98.9 111.8 103.2 110.5 107.6 104.3 109.6 127.7September_____ 118.7 90.6 98.9 112.0 103.2 110.3 103.9 103.2 109.6 127.7October.............. 117.6 87.4 98.9 105.3 103.2 106.7 104.7 103.3 108.6 127.7November......... 116.9 88.4 98.9 105.2 103.2 106.5 104.2 103.3 105.7 127.7December.......... 117.2 90.5 98.9 105.2 103.2 107.0 101.2 104.2 104.2 127.7

1924Average for year----- 109.4 93.0 105.7 107.5 101.7 106.3 99.3 103.4 105.7 114.2

January............. 117.5 91.1 105.8 107.0 101.5 108.0 103.8 104.3 104.8 127.7February........... 117.6 94.0 105.8 107.0 101.5 108.5 104.6 104.2 105.2 127.7March................ 116.9 97.7 105.8 107.1 102.1 108.9 103.7 104.2 105.6 127.7April..................May...................

113.2 93.4 105.8 107.1 102.1 106.8 103.5 104.2 105.7 125.1110.8 88.9 105.8 107.1 102.1 105.2 102.6 104.1 106.1 121.3

June................. 109.1 86.8 105.8 107.1 102.1 104.3 96.6 104.3 106.1 116.2July.„................ 107.5 87.0 105.7 107.1 101. 5 103.7 93.8 103.7 106.1 112.3August............... 105.8 93.1 105.7 109.1 101.5 104.9 94.1 103.5 106.1 109.8September......... 103.9 92.4 105.7 109.3 101.5 104.2 95.9 103.0 106.1 104.7October.............. 102.9 92.8 105.7 109.1 101.5 103.8 96.3 103.0 106.1 99.6November......... 103.0 97.3 105.7 109.1 101.5 104.5 97.5 102.0 106.1 97.0December.......... 105.6 101.4 105.6 107.8 101.5 105.6 99.5 100.8 104.5 100.8

1925Average for year----- 102.2 101.4 100.4 105.3 100.5 103.2 100.6 100.1 102.6 102.2

January............. 107.3 105.8 100.4 107.2 100.6 106.5 103.2 100.5 103.1 107.2February........... 107.2 103.3 100.4 107.2 100.6 106.1 106.7 100.6 103.2 104.7March................ 106.5 99.5 100.4 107.6 100.6 105.4 103.3 100.4 103.2 107.2April..................M ay...................

103.1 95.1 100.4 107.6 100.6 103.5 99.5 100.8 103.2 104.7101.5 95.7 100.4 107.6 100.3 103.0 100.8 100.9 103.2 102.1

June................... 100.6 96.7 100.3 107.6 100.3 102.8 96.9 99.9 103.2 102.1July................... 100.0 99.1 100.4 107.6 100.3 102.9 96.8 99.7 103.2 102.1August.............. 99.4 103.2 100.4 103.3 100.3 101.7 99.4 99.5 103.2 98.3September......... 99.2 103.7 100.4 101.5 100.3 100.9 99.0 99.5 103.2 99.6October.............. 99.6 104.9 100.4 100.0 100.9 100.7 99.7 99.4 101.7 99.6November_____ 100.9 106.5 100.3 100.0 100.9 101.4 100.5 100.0 100.4 99.6December.......... 101.4 103.9 100.3 100.0 100.9 101.2 102.2 100.1 100.4 99.6

1926Average for year----- 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0

January............. 101.3 . 102.7 100.0 97.3 101.1 99.9 103.3 101.0 100.4 99.6February........... 100.7 102.6 100.0 97.3 101.1 99.6 103.0 101.7 100.4 99.6March................ 100.7 100.6 100.0 97.3 100.4 99.3 102.5 101.7 100.4 99.6April.................. 100.3 98.5 100.0 97.4 100.4 98.8 100.9 101.6 100.4 99.6May................... 99.4 97.3 100.0 97.4 99.8 98.3 99.9 101.6 100.4 99.6June................... 98.9 97.8 100.0 99.7 99.8 99.1 99.2 101.4 100.4 94.5July.................... 99.5 100.2 100.0 102.1 99.8 100.7 98.4 101.4 100.4 99.6August............... 99.4 102.2 100.0 102.3 99.8 101.0 98.1 99.5 99.9 99.6September_____ 99.8 102.2 100.0 102.3 99.8 101.2 98.5 97.7 99.4 102.1October.............. 99.9 100.5 100.0 102.3 99.4 101.0 98.2 97.7 99.4 102.1November_____ 100.2 98.8 100.0 102.3 99.4 100.8 100.2 97.5 99.4 102.1December.......... 100.0 96.9 100.0 102.3 99.4 100.4 98.9 97.5 99.4 102.1

1927January.................... 99.2 94.8 99.4 99.9 99.5 98.8 96.7 98.3 98.3 102.1February.................. 97.7 93.6 99.4 99.9 99.5 98.0 96.0 96.0 96.5 99.6March...................... 97.4 95.1 99.4 99.8 99.5 98.2 95.0 93.6 96.5 97.0April.........................May.........................

97.2 93.2 99.4 99.8 99.5 97.8 95.0 93.5 96.5 97.096.8 91.0 99.4 102.9 99.5 98.6 95.2 93.5 96.5 97.0

June.......................... 96.1 90.0 99.4 102.9 100.6 98.2 94.9 93.4 96.5 94.5July......................... 95.5 89.3 99.4 102.6 100.6 97.7 93.9 93.3 96.5 90.7

61577°— 27-------2

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

T a b l e 1.— Revised index numbers of wholesale prices, by groups of commodities, January, 1928, to July, 1927— Continued

6 REVISED INDEX NUMBERS OF WHOLESALE PRICES

[1926=100]

Building materials— Continued Chemicals and drugs House-furnishing

goods

Year and monthPaintmate­rials

Otherbuild­

ingmate­rials

AUbuild­

ingmate­rials

Chem­icals

Drugsand

phar­maceu­ticals

Ferti­lizer

mate­rials

Mixedferti­lizers

Allchem­icalsand

drugs

Furni­ture

Fur­nish­ings

Allhouse-

fur-nish-ing

goods

1923Average for year... 101.3 105.5 108.7 100.6 95.7 102.5 107.4 101.1 116.7 104.8 108.9January........... 103.0 100.8 107.1 100.1 95.1 105.9 107.4 101.3 118.7 104.0 109.4February......... 105.4 102.3 109.4 100.5 95.7 108.1 107.4 102.0 118.7 104.3 109.6March............. 109.1 104.3 112.2 102.1 97.1 110.8 107.4 103.6 118.7 104.3 109.6April...............

M ay................113.1 106.5 115.5 103.3 97.0 110.1 107.4 104.1 119.1 105.«4 110.4107.5 109.6 114.3 101.8 96.5 105.0 107.4 102.3 119.1 105.5 110.5June................ 104.1 107.9 111.1 99.3 95.9 100.9 107.4 100.1 119.4 105.5 110.6July................ 99.1 106.7 108.9 98.5 94.8 99.9 107.4 99.4 119.6 104.7 110.2August............ 97.2 106.2 107.1 97.9 94.4 98.8 107.4 98.8 115.9 104.7 ' 108.8September___ 95.9 106.1 105.4 98.7 95.9 98.7 107.4 99.4 115.9 104.6 108.8October........... 98.1 105.4 105.7 100.1 95.5 99.5 107.4 100.3 115.9 104.8 108.9November 95.5 105.2 104.9 102.9 95.3 96.9 107.4 101.4 109.8 105.1 106.8December....... 95.0 105.3 103.6 103.0 94.9 95.9 107.4 101.2 109.8 105.7 107.2

1924Average for year... 99.7 104.0 102.3 102.2 95.8 92.6 95.9 98.9 107.9 103.4 104.9January______ 97.4 105.9 105.1 103.7 95.5 95.0 95.9 100.1 109.2 105.2 106.7February......... 99.0 106.2 105.7 103.3 95.5 92.6 95.9 99.4 109.2 105.3 106.7March............. 99.3 106.8 105.5 102.3 95.3 91.7 95.9 98.7 108.2 105.5 106.5April...............

May................97.6 106.2 105.0 101.2 95.5 92.1 95.9 98.2 108.2 105.4 106.497.6 105.4 104.3 99.2 95.0 91.5 95.9 96.9 108.2 103.0 104.9

June_________ 96.1 103.1 100.8 97.7 94.2 91.7 95.9 95.9 107.9 102.4 104.4July................ 96.1 102.3 99.2 98.9 94.2 89.6 95.9 96.2 107.3 101.7 103.8August............ 99.2 103.1 99.7 102.3 95.6 92.2 95.9 98.8 107,3 101.9 103.9September___ 99.8 102.1 99.9 102.4 96.3 91.9 95.9 98.9 107.3 102.1 104.0October........... 101.7 101.3 99.8 103.5 96.8 92.3 95.9 99.6 107.3 102.0 104.0November 104.9 101.8 100.5 105.5 97.5 94.2 95.9 101.2 107.3 102.9 104.6December....... 106.3 103.2 101.8 105.5 97.3 96.2 95.9 101.5 107.3 103.3 104.8

1925Average for year... 109.3 100.4 101.7 104.1 97.7 98.8 100.4 101.8 104.6 102.2 103.1January........... 111.7 102.2 103.8 105.8 97.5 98.7 100.4 102.7 108.1 102.5 104.5February........ 111.6 102.7 105.2 103.6 97.5 99.5 100.4 101.6 108.1 102.4 104.5March............. 108.6 101.5 103.3 103.4 97.5 99.8 100.4 101.5 105.7 102.5 103.7

April________ 105.6 100.5 101.1 102.4 97.9 99.3 101.4 100.9 105.7 102.9 103.9May................ 107.6 99.1 101.4 102.3 97.3 98.7 100.4 100.7 105.7 102.8 103.9June____ ____ 106.1 99.3 99.6 102.2 97.2 96.4 100.4 100.2 105.7 102.1 103.4July................. 103.6 99.5 99.3 102.7 97.1 95.9 100.4 100.4 105.4 101.5 .102.9August______ 106.7 99.9 100.6 104.1 97.1 96.8 100.4 101.4 105.4 101.5 102.9September___ 112.8 100.0 101.1 105.6 96.9 98.9 100.4 102.6 103.9 101.6 102.4October........... 113.7 99.9 101.3 106.0 97.1 100.3 100.4 103.0 103.7 102.4 102.9November 113.5 99.8 101.5 106.2 99.8 100.7 100.4 103.6 102.3 102.0 102.1December 100.6 100.2 101.9 104.6 100.1 101.1 100.4 102.8 102.3 102.0 102.1

1926Average for year... 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0

January........... 107.7 100.3 102.3 102.2 99.6 102.9 100.0 101.6 101.8 101.2 101.4February........ 103.4 100.4 101.8 100.5 99.2 104.0 100.0 100.8 101.3 100.9 101.0March............. 99.0 100.2 101.1 99.3 98.0 105.0 100.0 100.2 101.0 100.9 100.9April............... 95.4 99.8 100.0 99.4 97.6 103.6 100.0 99.9 100.7 100.8 100.8M ay................ 91.5 99.5 99.1 100.2 98.5 101.6 100.0 100.2 100.1 100.2 100.2June................ 96.3 99.3 98.9 101.7 100.2 99.4 100.0 100.9 100.0 100.0 100.0July................. 101.1 99.5 99.4 101.1 101.6 97.4 100.0 100.4 99.9 100.0 99.9August............ 103.7 99.8 99.5 100.3 101.1 96.7 100.0 99.8 99.5 100.0 99.8September___ 102.7 99.8 99.5 101.0 101.1 97.0 100.0 100.2 99.5 99.4 99.5October______ 101.1 100.8 99.5 99.3 101.1 95.8 100.0 99.1 99.5 99.3 99.4November 100.5 100.6 100.1 97.9 101.0 98.0 100.0 98.6 99.5 98.9 99.1December....... 97.6 100.1 99.2 97.7 101.2 99.3 100.0 98.8 99.5 98.4 98.8

1927January................. 96.0 97.7 97.5 98.0 91.3 99.1 100.0 97.6 97.8 98.8 97.9February............... 94.5 96.6 96.2 98.2 90.2 99.6 100.0 97.6 97.8 98.9 97.9March.................... 92.5 96.4 95.3 97.4 88.7 100.1 100.0 97.1 97.8 98.8 97.8April......................M ay.......................

91.0 95.9 95.0 99.1 88.2 99.3 100.0 97.8 97.8 98.8 97.893.9 95.2 95.1 99.8 88.0 98.0 82.1 95.4 97.8 98.8 97.8

June....................... 92.7 94.5 94.6 99.9 87.7 98.3 84.8 95.8 97.8 99.0 98.0July........................ 91.5 94.0 93.7 100.0 86.9 93.8 86.6 95.3 97.8 99.1 98.0

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

T a b l e 1*— Revised index numbers of wholesale prices, by groups of commodities, January, 1928, £o — Continued

REVISED INDEX NUMBERS OF WHOLESALE PRICES 7

[1926=100]

Year and month

Miscellaneous

All com­moditiesCattle

feedPaperandpulp

Rubber,crude

Automo­bile tires

Othermiscel­laneous

Allmiscel­laneous

1923118.5 102.8 61.3 102.0 98.8 100.6

January ________________ 124.8 104.0 64.5 100.3 99.8 102.2February________________ 127.4 103.7 71.6 104.2 102.7 103.5March _____________ 126.2 102.8 71.8 107.3 103.4 104.6

120.0 103.8 67.5 107.4 102.4 104.0122.3 103.9 62.7 104.5 100.8 102.0

June 106.3 103.6 53.9 102.9 97.0 100.4104.1 102.9 57.7 101.5 96.7 98.6

August 111.7 103.0 61.2 100.0 97.5 97.9September ______________ 119.6 103.0 59.1 98.9 97.4 99.7October ______________ 122.5 101.9 53.4 99.0 96.3 99.6November ______________ 120.3 100.6 57.1 99.1 96.3 98.6December, __ 116.9 99.5 55.2 99.6 95.5 98.3

1924

Average for year ____________ 110.2 100.7 54.3 100.8 95.5 98.1January ,, 117.1 98.8 52.9 106.5 97.4 99.8February________________ 110.5 98.6 52.6 104.0 95.7 100.0March___________________ 104.8 98.5 46.0 104.0 93.9 98.7April __________________ 99.0 99.5 47.1 104.5 94.2 97.6M a y ____________________ 92.4 99.5 39.9 103.1 91.8 96.1June -- - _____________ 93.3 99.6 37.5 100.6 90.5 95.1July_____________________ 110.3 98.0 45.8 97.9 92.0 95.9August_________ ____ •____ 114.8 99.5 54.2 96.1 93.8 97.4September ____________ 112.7 101.6 57.6 96.4 95.1 97.5October_________________ 118.0 101.2 66.9 97.4 97.4 98.6November_______________ 117.5 101.8 70.4 98.3 98.5 99.6December________________ 127.9 111.7 80.5 100.6 105.9 102.1

1925Average for year ____________ 112.7 105.2 149.9 99.6 113.9 103.5

January_________________ 129.7 101.9 75.2 101.5 101.7 103.5February....................... ...... 110.4 98.9 73.6 102.7 99.0 104.5March _______________ 107.1 98.8 84.7 101.8 100.3 104.8April____________________ 107.4 112.0 90.2 99.9 105.5 102.4May________________ ____ 117.7 109.6 117.7 98.9 110.0 102.1June __________ _______ 118.3 107.7 158.8 100.2 117.1 103.4July...................................... 111.3 108.2 215.3 99.8 126.5 104.6August.................................. 114.3 108.9 167.5 98.1 118.0 104.2September............................ 111.3 109.8 180.0 97.5 120.0 103.7October......... .............. ........ 104.7 103.8 205.8 98.2 121.9 103.6November_______________ 111.4 103.9 217.0 97.8 124.4 104.5December_______________ 110.0 100.3 206.2 99.0 121.5 103.4.

1926Average for year......................... 100.0 100.0 100.0 100.0 100.0 100.0 100.0

January................................ 111.1 106.5 164.1 123.3 99.9 116.8 103.6February.............................. 101.1 109.4 128.3 110.8 99.5 109.0 102.1March............................ ...... 98.0 105.8 120.9 108.8 99.7 106.3 100.4April.......................... ......... 104.8 102.6 105.2 108.3 99.9 103.9 100.1May............................... ...... 99.1 101.6 99.7 108.3 99.8 102.5 100.5June............................ ......... 96.2 100.7 89.2 108.3 100.8 101.0 100.5July....................................... 100.3 100.3 85.6 97.2 100.4 97.5 99.5August....................... ......... 99.3 99.5 80.7 92.8 100.3 95.4 99.0September............................ 95.6 95.7 85.1 91.4 100.0 94.2 99.7October................................ 93.5 92.1 87.7 91.4 99.8 93.4 99.4November............................ 97.6 92.1 82.0 83.6 99.6 90.8 98.4December............................. 105.3 93.7 78.1 78.6 99.7 89.9 97.9

1927January....................................... 110.0 93.0 80.7 78.6 99.6 90.3 96.6February..................................... 115.8 92.9 78.3 78.7 100.3 90.6 95.9March......................................... 110.9 92.8 84.1 78.7 100.0 90.9 94.5April........................................... 113.2 93.4 83.8 78.7 100.2 91.3 93.7M ay............................................ 117.7 92.2 84.1 78.7 100.3 91.3 93.7June............................................. 117.8 92.0 76.1 78.3 100.6 90.2 93.8July............................................. 115.4 92.0 72.0 77.9 100.0 89.3 94.1

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

The following table furnishes a comparison of the bureau’s old and revised general index numbers reduced to the same base, viz, 1926 equals 100, together with the purchasing power of the dollar as measured by each series, for the period from January, 1923, to July, 1927.

T a b l e 2.— Index numbers of wholesale prices and purchasing power of the dollar, January, 1923, to July, 1927

[1926=100]

8 REVISED INDEX NUMBERS OF WHOLESALE PRICES

Year and month

1923Average for year.

January____February___March..........April_______May........ —June.............July..............August--------September....October____November... December___

1924Average for year.

January.......February-----March..........April............May........... .June........ —July............August.........September...October....... .November... December—

1925Average for year.

January____February-----March..........

Old series New series

Year and month

Old series New series

Index

Pur­chas­ing

powerof

dollar

Index

Pur­chas­ing

powerof

dollar

Index

Pur­chas­ing

powerof

dollar

Index

Pur­chas­ing

powerof

dollar

1925Cents Cents Cents Cents

101.8 98.2 100.6 99.4 Averageforyear-Con.103.2 96.9 102.2 97.8 April....... ........... 103.4 96.7 102.4 97.7103.8 96.3 103.5 96.6 May— .............. 102.8 97.3 102.1 97.9105.0 95.2 104.6 95.6 June.................... 104.2 96.0 103.4 96.7105.1 95.1 104.0 96.2 July.................... 105.9 94.4 104.6 95.6103.4 96.7 102.0 98.0 August................ 106.2 94.2 104.2 96.0101.7 98.3 100.4 99.6 September.......... 105.8 94.5 103.7 96.499.7 100.3 98.6 101.4 October............ 104.4 95.8 103.6 96.599.4 100.6 97.9 102.1 November_____ 104.4 95.8 104.5 95.7

101.8 98.2 99.7 100.3 December........... 103.4 96.7 103.4 96.7101.4 98.6 99.6 100.4100.7 99.3 98.6 101.4 1926100.0 100.0 98.3 101.7

Average for year . . . 100.0 100.0 100.0 100.0January............. 103.3 96.8 103.6 96.5February_______ 102.6 97.5 102.1 97.9

99.1 100.9 98.1 101.9 March..... ........... 100.3 99.7 100.4 99.6100.1 99.9 99.8 100.2 April....... ........... 100.1 99.9 100.1 99.9100.5 99.5 100.0 100.0 May.................... 100.5 99.5 100.5 99.599.3 100.7 98.7 101.3 June................... 100.9 99.1 100.5 99.598.3 101.7 97.6 102.5 July___________ 99.8 100.2 99.5 100.597.3 102.8 96.1 104.1 August________ 98.8 101.2 99.0 101.095.8 104.4 95.1 105.2 September....... . 99.7 100.3 99.7 100.397.4 102.7 95.9 104.3 October________ 99.1 100.9 99.4 100.699.1 100.9 97.4 102.7 November.......... 98.1 101.9 98.4 101.698.5 101.5 97.5 102.6 December........... 97.5 102.6 97.9 102.1

100.6 99.4 98.6 101.4101.1 98.9 99.6 100.4 1927104.0 96.2 102.1 97.9

January............. 97.3 102.8 96.6 103.5February............ 97.0 103.1 95.9 104.3March................. 96.2 104.0 94.5 105.8

105.1 95.1 103.5 96.6 April................... 95.5 104.7 93.7 106.7106.0 94.3 103.5 96.6 May.................... 95.4 104.8 93.7 106.7106.4 94.0 104.5 95.7 June............. . 95.2 105.0 93.8 106.6106.6 93.8 104.8 95.4 July..................... 95.8 104.4 94.1 106.3

The quantities of the various commodities used as weights in computing the revised index numbers, also the 1926 base prices, are shown in Table 3. As previously explained, the weights represent averages for the years 1923, 1924, and 1925, or where satisfactory information for 1924 was lacking, averages for 1923 and 1925.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

REVISED INDEX NUMBERS OF WHOLESALE PRICES 9T a b l e 3 .— Weights and base prices used in constructing revised index numbers of

wholesale prices, by group of commodities

Commodity UnitQuantity used as

weight (000 omitted)

Base price

(average for 1926)

GROUP I.—FARM PRODUCTS

(a) Grains:Barley, malting, Chicago................................. .................. Bushel............ 70,506

212,978 319,466 375,450 39,168

121,164 164,436 47,389

$0.694 .759

Corn, Chicago—Contract grades................. ......... .................................. ____do_______No. 3, mixed - - ___ _____ . .......... . .........- ....... do_______ .736

Oats, No. 2, white, Chicago _______________________ ____do_______ .430Rye, No. 2, Chicago_______ ______ ______________ _____ ____do_______ .954Wheat—

No. 2, red winter, Chicago________________________ ____do_______ 1. 542No. 2, hard, Kansas City......... .............................. ......No. 1, northern spring, Minneapolis................ ...........

....... do_______

....... do.............1.4961.549

No. 2, dark northern spring, Minneapolis....................No. 1, hard, white, Portland, Oreg -

....... do___________do.............

142,167 62,871 90,684

15,51122.36644.73222.36644.73230,852 92,4532,5478,9161,274

413,241

1.555 1.436

No. 2, red winter, St, Tennis ___ ....... do_______ 1.555(6) Livestock and poultry:

Cattle, Chicago—Calves, good to choice, vealers____________________ 100 pounds-----

....... do.............12.135

Cows—Fair to good_____ ______ _______ _______ 5.764Good to choice................ ............ —.............. ......... ....... do_______ 6.489

Steers—Fair to good_______ _____ ______ _________ ____d o ______ 8.763Good to choice ____________________________ ____do_______ 9.529

Hogs, Chicago-Fair to choice, heavy butchers_____________________ ____do_______ 12.336Fan* to choice, light butchers______________________ ____do_______ 13.115

Sheep, Chicago—Ewes, native, all grades, fair to best________________ ____do_______ 6.592Lambs, western, fair to good ___________________ ____do_______ 13.701Wethers, fed, poor to best_________________________ ____do_______ 8.181

Poultry, live fowls—Chicago __ __ . ____________ Pound_______ .252New York_______________________________________ ____do_______ 413,242

8,291.298

(c) Other farm products:Beans, medium, New York............, .................................... 100 pounds___

Pound_______5.442

Cotton, middling—Galveston ............................ ............ ................... . 4,640,487

1,325,853 662,927

.170New Orleans _________ ______ ____________________ ____do............. . 168New York ________ ________ . _ _______________ ....... d o .......... . .175

Eggs, fresh—Western, Boston _ ______________________________ Dozen_______ 136,122

345,255.356

Firsts, Chicago___________ _______________________ ____do_______ .335Extra firsts, Cincinnati______ __________________ ____do_______ 40,836

39,599.356

Candled, New Orleans __________________________ - ....... do............. .339Firsts, New York_________________________________ ____do_______ 499,939

118,797 56,924

7,20311,29567,2807,291

34,4238,0033,4733,624

25,901113,601 227,721 37,954

515,059499

.356Extra firsts, Philadelphia_________________________ ____d o ______ .395No. 1, extras, San Francisco_______________________ ____do_______ .298

Fruit—Apples, fresh—

Baldwins—Chicago_______________________ ____ ______ Barrel_______ 4.102New York............ ................... ....................... ____do_______ 4.032

Winesaps, medium grade, Portland, Oreg_______ Box................ 2.133Lemons, choice or fancy, California, Chicago..............Oranges, choice, California, Chicago .............................

____do.................... do.............

5.5715.957

Hay—Alfalfa, TTansas City .............. ...................................... T on ............... 21.034Clover mixed, No. 1, Cincinnati_________ __________ ....... do............. 22.212Timothy, No. 1, Chicago__________________________ ....... do........ . 23.481

Hops, prime t© choice, Pacifics, Portland, Oreg................ Pound............ .241Milk, fluid—

Chicago___________ ______ ____________ _________ 100 pounds_______do.............

2.940New Y ork _________________________________ _____ 3.581San Francisco...................... .......................................... .......do............. 3.130

Peanuts, Norfolk................................................................. Pound_______ .050Seeds—

Alfalfa, Kansas City............... ...................................... 100 pounds— ....... do_______

16.475Clover, Chicago__________________________________ 514 31.817Flaxseed, Minneapolis______ ______________________ Bushel______ 41,110

6532.328

Timothy, Chicago.......................................................... 100 pounds___ 6.111Tobacco, leaf, average warehouse sales, Kentucky............. 14,324 8.472

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

10 REVISED INDEX NUMBERS OF WHOLESALE PRICES

T a b l e 3 .— Weights and base prices used in constructing revised index numbers of wholesale prices, by group of commodities— Continued

Commodity UnitQuantity used as

weight (000 omitted)

Base price

(average for 1926)

GROUP I —FARM PRODUCTS-Continued

(c) Other farm products—Continued.Vegetables, fresh—

Onions, Chicago............................... ............... ............ 100 pounds_______do_______

6,06227,176 47,207 21,905 20,850 28,533

$2,447Potatoes, white—

Boston..................... ................................... ............. 3.525Chicago._______ _____ _ __________ _______ ____do_______ 3.013New Y ork ___________________________________ ____do_______ 3.776Portland, Oreg. _____________________________ ____do_______ 2.873

Potatoes, sweet, Philadelphia ____________________ ^-bushel......... 1.531Wool, Boston—

Ohio, grease basis—Fine clothing............................................................ Pound_______ 43,485

16,307 21,743 27,17836.07736.077

126,98452,48266,577

.402Fine delaine..................... ...................................... ____do_______ .467Half blood.................... ...... ..................................... ....... do.............. .462Medium grades....................................................... ____do.............. .457

Territory, scoured—Staple, fine and fine medium.................................. ____do_______ 1.152Half blood................................................................. ____do_______ 1.047

Foreign-Argentine crossbreds, quarter blood, grease basis. _Australian, Qeelong 56’s, scoured basis.......... ........Montevideo, one-fourth blood, 50’s, grease basis. „

____do..................... do..................... do..............

.283

.678

.369

GROUP H.—FOODS

(a) Butter, cheese, and milk:Butter, creamery—

Boston-Extra...... ...............................Firsts.....................................Seconds-................................

Chicago—Extra......................................Extra firsts............................Firsts.....................................

Cincinnati, as to score............... .New Orleans-

Fancy................................... .Choice.--............................. .

New York—Extra...... ..............................Firsts.. ................................ .Seconds--.............................

Philadelphia-Extra.....................................Extra firsts...........................Firsts...................................

St. Louis, extra...........................San Francisco-

Extra...... ................ ............F irsts..................................

Cheese, whole milk—Chicago.-..................................New York...................................San Francisco.............................

Milk, condensed____ ____________Milk, evaporated..............................Milk, fluid. (See Farm products.)

(&) Meats:Beef, fresh, carcass, steers—

Chicago.-....................................New York..... .............................

Beef, cured, family, New York____Lamb, fresh, Chicago.......................Mutton, fresh, dressed, New York.. Pork, cured—

Bacon, Chicago..........................Hams, Chicago...........................Mess, New York.......................Sides, clear, Chicago... Sides, rough, Chicago..

Pound.___ do..___ do..

-do...do..-do.,-do.-do...do.,.do...do...do...do...do..do...do...do...do.

___ do.. . . .d o .----- do.Case... ----- do.

Pound.............— .do............Barrels (200

pounds)Pound............___ do.............___ do...............— do............Barrels (200

pounds)Pound...................do.............

44,180 $0,439154,629 .42122,090 .391

120,630 .429422,205 .41460,315 .39059,547 .39517,288 .47640,338 .458

123,703 .443432,961 .42061,852 .38835,728 .455

125,048 .44317,864 .407

115,251 .44020,169 .43647,061 .418

397,501 .217143,078 .22736,346 .2299,841 5.857

28,229 4.393

2,314,664 .1644,629,327 .171

406 23.491393,395 .262196,425 .144623,847 .304623,847 .308

5,878 37.447587,817 .201587,817 .198

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

REVISED INDEX NUMBERS OF WHOLESALE PRICES 11T a b l e 3 .— Weights and base prices used in constructing revised index numbers of

wholesale prices, by group of commodities— Continued

Commodity UnitQuantity used as

weight (000 omitted)

Base price

(average for 1926)

GROUP H.—FOODS—Continued

(6) Meats—Continued.Pork, fresh, dressed hogs, Chicago_____________________ Pound_______ 6,405,181

253,457 506,913 937,661

2,980,983 445,556 424,340

6,195, 352 562, 249 391,504342,885

1,028,655 329,375

$0.250 .271

Poultry, dressed—Chicago_____________________________ _ ________ ....... do..... ........New York___________________________ ______ ....... do_______ .314

Veal, fresh, good, Chicago____________ :________________ ....... do............. .187(c) Other foods:

Beans. (See Farm products.)Bread, loaf (per pound before baking)—

Chicago____________________________ ____ _________ ____do_______ .075CiTininnati _ _ ___ ....... do—_........ .071"NTp.w Orleans _ _ ....... do—......... .072New York................................................ ....................... ....... do_______ .070San Francisno ________ __ __ ... ....... ____do_______ .077

Cocoa beans, Arriba, New York_______________________ ____do_______ .180Coffee, Brazilian grades, New York—

Rio No. 7.......................................... .............................. ____do_______ .182Santos, No. 4 ............. ____do_______ .223

Copra, South Sea, New York___________ ______________ ....... do............. .058Crackers, soda, New York............... ................................. ....... d o „ _ ........ 1,156,431

574

.140Eggs. (See Farm products.)Fish—

Cod, pickled, cured, Gloucester, Mass......................... 100 pounds___Pound_______

7.258Herring, pickled, New York._____________ ______ 51,491 .132Mackerel, salt, New York_________________________ ....... do_______ 15,085

24,9006,699

.100Salmon, canned, Alaska, red, factory.- ____________ Dozen cans__ 3.326Salmon, smoked, Alaska, New York_______________ Pound_______ .383

Flour, rye, white, Minneapolis........................................... Barrel_______ 1,5988,582 2,861

25,405 8,468

36,219 12,073 8,125

5.600Flour, w heat-

Standard patents, hard, winter, Buffalo........ ..............First clears, Buffalo.......................................................

....... do___________do_______

8.6908.374

Short patents, winter, Kansas City.............................. ____do_______ 8.035Straights, winter, Kansas City......................... ........... ____do_______ 7.252Standard patents, Minneapolis__________ __________ ....... do—......... 8.426Second patents, Minneapolis________________ ____ ....... do .—........ 8.148Patents, Portland, Oreg................................................. ....... do............. 7.984Short patents, soft, winter, St. Louis.-........................Straights, soft, winter, St. Louis___________________

____do—.........____do__ ........

5,3211,7745,607

17,566 14,62420,32916,313

324,625464,276

48,941

11,5472,963

1,792,994

10.32010.320 42,0529,137

228,788 152,106 30,394

855,859

7.8327.108

Standard patents, soft, winter, Toledo______________ ____do_______ 7.626Fruit, canned, New York—

Peaches, 2^s............... ........................................... .... Case_______ _ 1.950Pineapple, 2%s__________________ _______ _________ ____do_______ 2.150

Fruit, dried, New York—Apples, evaporated_______________________________ Pound_______ .118Currants, cleaned_________________________________ ____do..... ........ .090Prunes, California, 60-7Qs............................................. ____do_______ .078Raisins, coast, seeded_____________________________ ....... do_______ .092

Fruit, fresh—Apples. (See Farm products.)Bananas, Jamaicas, New York...... ............................... Bunch_______ 2.451Lemons. (See Farm products.)Oranges. (See Farm products.)

Glucose, 42° mixing, New York________________________ 100 pounds___....... do.............

3.439Hominy grits, white, mill..................... ............................. 1.558Lard, prime, contract, New York............. ........... ............ . Pound............ .150Meal, corn—

White, mill 100 pounds___....... do..............

1.558Yellow, fancy, Philadelphia........................................ . 2.663

Molasses, New Orleans, fancy, New York__............ ......... Gallon. .......... .528Oatmeal, in 90-pound sacks, New York.............................. 100 pounds___

Pound............3.073

Oleomargarine, standard, uncolored, Chicago.................... .228Oleo oil, extra, Chicago______________________________ ....... do.............. .120Pepper, black, New York________________ ____________ ....... do.............. .256Rice, head, clean, New Orleans—

Blue Rose, medium to good___ _____ ______________ ....... do.__......... .062Honduras, medium to choice...................... .................. ____do_______ 213,965

25,7043,599

11,505,726 10,360,669

51,605 99,604

.073Salt, Chicago—

American, medium............................. .......................... B arrel (280 pounds).

Ton_________2.195

Granulated................................ ..................................... 7.509Sugar, New Y o rk -

Granulated______________________________________ Pound_______ .055Raw, 96° ........................................ ................................ ....... do.............. .043

Tallow, edible, Chicago............................................... ........ ....... do............. .095Tea, Formosa, fine, New York...................... .......... .......... ....... do.............. .355

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

12 REVISED INDEX NUMBEBS OF WHOLESALE PBICES

T a b l e 3 .— Weights and base prices used in constructing revised index numbers of tvholesale prices by group of commodities— Continued

Commodity UnitQuantity used as

weight (000 omitted)

Base price

(average for 1926)

GROUP n .—FOODS—Continued

(c) Other foods—Continued.Vegetables, canned—

String beans, New York.......... .................................... Dozen............. 13,775 33,705 34,128 33,528

424,837 110,854

1,086,705 10,560 13,233 21,737 77,453

$0.893 .901Corn, factory............................................ ..................... ____do_______

Peas, New York... __ __ _ ________ ....... do.............. 1.316Tomatoes, New York....................... . .................... ....... do.............. 1.433

Vegetables, fresh—Onions. (See Farm products.)Potatoes. (See Farm products.)

Vegetable oil—Coconut, New York __ _ . ________ Pound............. . 106Corn, New Y ork._ ______________________ ____ _ ____do.............. .120Cottonseed, New York......................... ....................... ....... do.............. .118Olive, New York_______________ ______ ______ ____ Gallon........... 1.911Peanut, mill.................. ............................................... Pound............ . 113Soya bean, New York........................................... ___ ____do.............. .126

Vinegar, cider, New York_______ . . _ . . . ___________ Gallon............ .186

GROUP in .—HIDES AND LEATHEI1 PRODUCTS

(a) Hides and skins:Hides, Chicago-

Country cows.................................................................Packers’—

Heavy native steers...... ..........................................Heavy Texas steers.................................................

Skins—Calf, No. 1, country, Chicago.......................................Goat, Brazil, first selection, New York.......................Kip, No. 1, country, Chicago...................................... .Sheep, packers’, Chicago...............................................

(&) Leather:Chrome calf, B grade, Boston............................................ .Glazed kid, top grade, Boston...........................................Harness, California oak, general market........................... .Side, black, chrome, tanned, B grade, Boston.................. .Sole, oak, Boston—

Insides.......................................................................... .Scoured backs.............................................................. .

Sole, union backs, steers, New York...................................(c) Boots and shoes, factory:

Children’s—Child’s gun metal. __....................................................Little boy’s, tan calf, blucher......................................Misses’ , gun metal.......................................................Youths’, tan calf, blucher.............................................

Men’s—Black, calf, bal..............................................................Black, calf, blucher.......................................................Black, dress, welt, side leather....................................Black, vici kid...............................................................Chocolate, elk, blucher....................................... ........Dress........................................ ................... .................Gun metal, blucher....................... ..............................Mahogany, chrome, bal...............................................Tan, dress, welt, calf.................................. .................Tan, dress, welt, side leather.....................................Work............. ...............................................................

Women’s—Black, kid, dress..........................................................Black, kid, McKay sewed............................................Medium grade..............................................................Better grade.................................................. ...............Colored calf.. ...............................................................Patent leather pump.......................................... .........

( cl) Other leather products:Gloves—

Men’s................«............................................ ..............Women’s........................................................................

Harness (composite price)...................................................Suitcases (composite price) ........................................ ........Traveling bags (composite price).......................................

..d o ................... do............

..d o ............

. .do............

Pound..do...do..

Square foot...___ do............Pound______Square foot...Pound. .....d o .. ___ do—

Pair...................... do............

- d o .............d o ...........-do.._do_..do„_do~-do--do...do...do...do..-do..-do.._do_.-do-.do...do.._do..-do_.

Dozen pairs........do.........Set...............Each_______.......do..........

443.410443.410443.410138,570 83,634 69,285 38,554

170,680 184,550 23,020

213,10472.34172.341

108,514

6,36515.90515.905 21,1786.464

11.3126.464

11.31211.3126.4646.4646.4646.4646.464

11.31214.16014.160 35,39914.16014.16014.160

434795

3.1003.100

$0,097.140.134.173.733.155

2.168.453.675.437.253.353.438.429

1.3301.4731.5681.6634.924 6.400 3.199 6.000 1.723 3.3504.6003.6004.924 3.375 2.0504.0743.600 2.000 2.850 4.1503.600

33.840 21.150 44.975 7.903 6.513

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

REVISED INDEX NUMBERS OF WHOLESALE PRICES 13T a b le 3 .— Weights and base prices used in constructing revised index numbers of

wholesale prices, by group of commodities— Continued

Commodity UnitQuantity used as

weight (000 omitted)

Base price

(average for 1926)

GROUP IV.—TEXTILE PRODUCTS

(a) Cotton goods:Blankets, colored, Boston ..... ............... ...... ...... Pair_________ 20,153 $1,235

.169Denims, M^sanhusetts, 28-inp.hmill__ Yard............... 270,755176.862176.862150,55329,656

180.454180.454278.443278.44322,34931.66286.662 86,662

Drillings, brown—Massachusetts, 30-inch, mill..........................................Pepperell, 29-ineh, mill _ _ _ _____

....... do..............____do_______

.132

.127Duck—*

Eight-dunce, army, mill.................................................Wide, 36-inch, mill.........................................................

____do..............____do..............

.197

.418Flannel-

Colored, 27-inch, mill_____________________________ ____do............. .126Unbleached, 33-inch, mill _______ _ ____do_______ .176

Gingham—Amoskeag, 27-inch, mill.................................................Security, 32-i neb, mill .... _

____do..............____do..............

.090

.123Hosiery—

Men’s, combed yam, mill_________________________ Dozen pairs.__ ____do_______

1.624Women’s, sillr mercerized, millT .......... ........ .. 2.329

Muslin, bleached—Fruit of the Tiftom, mill. ....... . , Yard............... .167"Lonsdale, mill ____do_______ .151TJongh Rider, mill . _ ....... do.............. 86,662 .143Nainsook, Wamsutta, mill...........................................

Pftrralft, Snouts, 38^-infth, mill _T....... do..................... do.............

86,662 352,461343,071

1,029,214166.685166.685277.808277.808277.808

2,907,74450,9315,2327,373

105.826105.826141.102141.102141.102

12,08612,08612,08612,086

* 8,127 2,709

32,507 10,8361.7441.744 1,340

15,2217,2669,3167,4041,708

32.52332.523

.228

.129Print cloth—

Twenty-seven inch, mill__________________________ ....... do.............. .052Thirty-eight and one-half inch, mill_______ _________ ___ do_______ .075

Sheeting, bleached—10/4, Pepperell, mill_______________________________ __do_______ .41610/4, Wamsutta, mill____ _________________________ __ ;_do_^______ 1.140

Sheeting, brown—Indian Head, 36-inch, mill.............................................4/4 Pepperell, mill________________________________

____do..............____do_______

.123

.1234/4 Trion, mill____________________________________ ____do.............. .093

Thread, 6-cord, 100 yards, mill___________________________ Spool________ .036Ticking, Amoskeag, 32-inch, mill________________________ Yard............... .205Underwear—

Men’s, shirts and drawers, mill_____ 1_______________ Dozen gar­ments.

D ozen .........6.837

Women’s, union suits, mill______ ____________ ___ _ 9.875Y a m -

Carded, white, northern, 10-1 cones, mill___________ _ -Pound_______ .324Carded, white, northern, 22-1 cones, mill................. —Carded, single warp, 40/ls, southern spinning, mill__Twisted, 20/2, carded, weaving, mill.............................Twisted, 40/2, carded, weaving, mill_________________

____do..............____ do..............____ do..............____do..............

.358

.508

.324

.472(6) Silk and rayon:

Rayon, New Y o rk -150 A denier_____________________________________ _ ____ do_______ 1.810150 B denier_____________________ ________________ ____ do_______ 1.692300 A denier________ _____________________________ ____do.............. 1.603300 B denier____________________________________ . . ___ do_______ 1.508

Silk, raw, New York—China, steam filature, third category_______________ ____do.............. 6.348Canton, double extra A-crack______________________ .. . . .d o _______ 4.655Japan, double extra cracks_________________________ ___ do_______ 6.044Japan, 13-15_____________________________________ ____do.............. 6.194

Silk, spun, New York—Domestic, 60/1.............................. ............................. ....... do.............. 4.693Domestic, 60/2............................................................... . ____do_______ 5.966Imported, 200/2, first quality_______________________ ____do_______ 5.784

Hosiery—Women’s, pure sillr, mill _ ................. Dozen pairs...

....... do..............____do.............

12.168Women’s, artificial silk, mill..........................................Men’s, silk, mercerized top, heel, and toe....................

2.7924.795

(c) Woolen and worsted goods:Blankets, all wool, 4 to 5 pounds per pair, mill__________ Pound_______ 1.349Flannel, No. 6400, 54-inch, mill__________________________ Yard............... 1.678Overcoating, mill—

Heavy__________________________________________ .. . . .d o _______ 3.042Light____________________________________________ ____do_______ 4.542

61577°— 27--------3

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

14 REVISED INDEX NUMBERS OF 'WHOLESALE PRICES

T a b l e 3.— Weights and base prices used in constructing revised index numbers of*wholesale prices, by group of commodities— Continued

Commodity UnitQuantity used as

weight (000 omitted)

Base price

(average for 1926)

GROUP IV.—TEXTILE PRODUCTS—Continued

(c) Woolen and worsted goods—Continued.Suiting—

Serge, 116 M. B. mill_ __ ............................................ Yard............... 21,682 21,682 21,682 21,682 21,682 25,766

710

$3.818 2.168 2.752 1.997 2.005 1.527

Serge, 11-ounce, 56-68 inch, mill.....................................Uniform serge, fine grade, 12-ounce, mill......................Uniform serge, medium grade, 12-ounce, mill..............Unfinished worsted, 13-ounce, mill................................

Trousering, 2,900 range, cotton warp, 11 -onnr>p., mill..

....... do..............

....... do..............

....... do..............

....... do..............____do..............

Underwear, men’s—Shirts and drawers, mill_________ ________________ Dozen gar­

ments. Dozen_______

30.000Union suits, mill______________ __________________ 972 30.380

Women’s dress goods—Broadcloth, 9^-ounce, mill........................................ . Yard............... 21,682

32.523 21,68232.523 42,927 28,61847.86247.86247.86249,978

879,229193,274145,432

3,44096,636

261,661

2.360Flannel, 12-ounce, mill................................................... ....... do.............. 1.944Flannel, WFD, 54-inch, mill.........................................French serge, 39-inch, mill.............................................

....... do..............____do..............

1.4511.034

Serge, 36-inch, mill......................................................... ____d o ............ .458Sicilian cloth, 54-inch, mill_________________________ ____do_______ .792

Yams—2/32s, crossbred stock, white, mill______ ___________ Pound_______ 1.4352/40s, half-blood, weaving, mill.......................... ........... ____do.............. 1.8542/50s, fine, weaving, mill___________________________ ____do............. 2.106

(ft) Other textile products:Binder twine, standard, mill ________________________ 50 lb. bale___ 6.531Burlap, 10^-ounce, 40-inch, mill_______________________ Yard________ .092Hemp, Manila, New York____________________________ Pound_______ .148Jute, raw, medium grades, New York__________________Linen shoe thread, 10s, Barbour, New Y ork.................. .Rope, pure Manila, ^-inch and larger, New York_______Sisal, Mexican, New Y ork____________________________

____ do___________ do___________ do___________ do_______

.0901.946.251.091

GROUP V.—FUEL AND LIGHTING

(a) Anthracite coal (composite price):Chestnut____________________________________________ Gross ton____ 31,475

13,02225,138

248,122 173,685 74,437

2,01911,441

9,29827,892

357,978

300,168470,53440,563

210,2505,298,3122,027,2711,720,390

$13.767 13.290Egg_________________________________________________ ____ do_______

Pea _______________________________________________ ____ do_______ 10.652(5) Bituminous coal (composite price):

Mine run ___________________________________________ 4.314Prepared sizes________________________________________ ____ do_______ 4.794Screenings___________________________________________ ____ do_______ 3.422

•(e) Coke:Beehive—

Alabama_________________________________________ ____ do_______ 5.555Connells ville_________________________________ ___ ____ do............. 4.106

By-product—Alabama_________________________________________ ____ do_______ 5.728New Jersey_____________________________________ ........do_______ 10.622

(<?) Manufactured gas (composite price)_____________________ 1,000 cubic feet 1.034(e) Petroleum products:

Petroleum, crude, wells—California________________________________________ 1.092TCaims-Okiahoma. ____ do_______ 1.884Pennsylvania____________________________________ ____ do_______ 3.501

Fuel oil, refinery—Oklahoma ___ - ____ do_______ 1.295Pennsylvania __________________________________ Gallon_______ .064

Gasoline, refinery—California __________________________________ ____ do_______ .113Oklahoma ______________________________________ ____ do_______ .104Pennsylvania __________________________________ ___ .d o ............. 3,106,002 .128North Texas __________________________________ ____ do............. 2,445,744

951,6621.230.3181.230.318

.103Natural, Oklahoma. _____________________________ ____ do_______ .089

Kerosene-Standard white, New York ____ do_______ .086Water white, refinery ___________________________ ____do_______ .104

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

REVISED INDEX NUMBERS OF WHOLESALE PRICES 15T a b l e 3 .— Weights and base prices used in constructing revised index numbers of

wholesale prices, by group of commodities— Continued

CommodityQuantity used as

weight (000 omitted)

price (average for 1926)

GROUP VI.—METALS AND METAL PRODUCTS

(a) Iron and steel:Iron ore, Mesabi, lower lake ports—

Non-Bessemer_______________________________Pig iron—

Basic, furnace.______________________________Bessemer, Pittsburgh-------------------------------------Foundry, No. 2, northern, Pittsburgh_________Foundry, No. 2, southern, Birmingham............ .Ferromanganese, furnace--------- ----------------------Spiegeleisen, furnace_________________________

Bar iron—Best refined, Philadelphia------------------------------Common, refined, Pittsburgh_________________

Bars, concrete reinforcing, %-inch and larger, mill—.Nails, wire, Pittsburgh----------------------------------------Pipe, cast iron, 6-inch, New York_________________Pipe, black steel, Pittsburgh--------------------------------Skelp, grooved, Pittsburgh------ ----------------------------Steel billets, open-hearth, Pittsburgh--------------------Steel merchant bars, Pittsburgh__________________Steel plates, tank, Pittsburgh_____________________Steel rails, open-hearth, mill______________________Steel scrap______________________________________Steel sheets, No 27. box annealed, mill------------------Steel, structural, mill____________________________Teme plate, No. 8 ,1. C. package, mill------------------Tin plate, domestic, standard, coke, Pittsburgh____Wire, fence—

Barbed, galvanized, mill--------------------------------Galvanized, No. 9, Pittsburgh________________Plain, annealed, Pittsburgh__________________Woven, Pittsburgh__________________________

<&) Nonferrous metals:Aluminum, New York----------------------------------------Antimony, New York___________________________Brass, sheets, mill-----------------------------------------------Copper, ingot, electrolytic, refinery-----------------------Copper, sheet, hot rolled, New York______________Copper wire, bare, mills---------------------------------------Lead, pig, desilverized, New York________________Lead pipe, New York___________________________Nickel, ingot, New York_________________________Quicksilver, New York__________________________Silver, bar, fine, New York_______________________Tin, pig, straits, New York----------------------------------Zinc, sheet, La Salle, 111-............................................Zinc, pig, slab, New York.......................................... .

<c) Agricultural implements, factory:Binder, grain............................................................... .Cultivator.....................................................................Drill, grain.................................................................. .Engine, 3-horsepower...................................................Harrow—

Spike, peg tooth.....................................................Spring tooth.......................................................... .

Loader, hay................................................................. .Mower, hay..................................................................Picker, corn.................................................................Planter, corn............ ...................................................Plow, tractor....................................................... _•.......Plow, walking—

1-horse (composite price).......................................2-horse (composite price).......................................

R ake-Self dump...............................................................Side delivery..........................................................

Separator, cream..........................................................Sheller, corn..................................................................Spreader, manure.........................................................Tractor-................................... . ........................... .......Wagon, 2-horse.............................................................

Gross ton. ___ d o . . . .

.do.___ do_______ do_______ do_______ do________ do____Pound________ do______100 pounds...

.do.Net ton___100 feet_____100 pounds.. Gross to n .._ 100 pounds—Pound_____Gross ton___

.do.Pound_____100 pounds... 200 pounds—. 100 pounds—.___ do_________ d o________ d o.........100 rods-------Pound. .___ do_____ d o ..___ do­

do..do. do-

100 pounds..Pound_______ do........ .Ounce_____Pound____100 pounds. Pound....... .Each...___ do.___ do.___ do.

_do._do__do...do...do._do__do.-do_..do..-do..do...do...do..-do.-do-

25,60142,6672,255

5952.6572.657

312 118

350.274350.274 14,169 16,5641,946

18,067 11,946 4,899

107,683 8,915,498

2,802 1,574

5,854,650 76,019 1,050

33,1985,0784,682

16,3152,049

233,42921,314

342,5172,206,325

149,066465,658

1,413,9851,032

32,0522,091

69,745170,632

1,2701,038,381

3513128121

19510619945

3954

1681854216

1573

4623

109

$4,4004.250

18.548 21.318 20.616 21.154 94.827 33.769

.029

.0301.9922.750

51.3404.2611.900

35.000 1.996.019

43.000 13.481

.0321.958

11.7005.500.3.400 3.100 2.650

20.030.270 .159 .190 .138 .216 .162 .084

9.916 .350

1.226 .624 .653

10.589 .077

156.750 44.170 91.67076.00016.720 22.040 85.260 59.140

325.000 57.710

104.5007.283

16.09532.06078.37059.370 26.600

114.000680.000 103.070

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

16 REVISED INDEX NUMBERS OP WHOLESALE PRICES

T a b l e 3 .— Weights and base 'prices used in constructing revised index numbers of wholesale prices, by group of commodities— Continued

Commodity UnitQuantity used as

weight (000 omitted)

Base price

(average for 1926)

GROUP VI.—METALS AND METAL PRODUCTS—Continued

(<Z) Automobiles, factory (composite price):Buick................................................................................... Each..... .......... 1374 $1,467.896

3,730.765 613.646

Cadillac- .......................... _........................ ....... do............. 125Chevrolet_________________________ __________________ ____do_______ 1805Dodge_______________________________ __________ ____ ....... do_______ 1366 884.453Ford...................................................................................... ....... do_______ 11,935

129425. 792

Packard „ ... .......................................................... . ____do_______ 3,599.462

77.550(e) Other metal products:

Sewing machines (composite price)—Electric________________________________________ ____do_______ 2 491Treadle__________________________________________ ____ do____ 2 490 49.120

Stoves, cooking (composite price)—Coal....... ................................................ ..... d o ._....... 21,022

21,397 21,153

62.869Gas...... ........... ......................................... ....... d o ......... 62.924on............................................................ ___do___ _ 62.274

GROUP TO.—BUILDING MATERIALS

(a) Lumber:Cypress, shop, St. Louis _ __________ 1,000 feet_____ 861 $48.750

16.483Douglas fir, null—

No. 1............................................................................... ....... do_______ 6,1322,0471,0582,006

882

No. 2............................................................................... ....... do......... 33.468Gum, plain, sap, St. Louis...................................................Hemlock, northern, No. 1, Chicago.........................Maple, hard, No. 1, Chicago..................................

..... d o .........

....... do__.......

....... do_ ...........55.346 34.115 55.673

Oak, plain, white, No. 1, Cincinnati............................... ____do_______ 2,0781,5474,9108,182

364

66. 019Pine, white, No. 2, Buffalo..................................................Pine, yellow, flooring, mill............................................____Pine, yellow, timbers, mill__________________________

....... do.................. d o_ .......____do______

50.039 45.109 27.835

Poplar, No. 1, Cincinnati—_______ _______ __ ....... do_ _ 55.404Spruce, eastern, Boston_________ __________ ....... do............. 755 33.014Lath—

Douglas fir, No. 1, Chicago________________________ M _........ ...... 1.9992.999

924

7.589Pine, yellow, No. 1, mill__________________________ M .................... 4.959

Shingles—Cypress, mill_____________________________________ M .............. 5.825Cedar, red, mill. ______ , T ....... M .............. 9,038

7,4242,203

272

2.724(6) Brick:

Common, building, plant (composite price)________ M .................... 13. 913Brick, front, New York_______________________________ M .................... 48. 904Brick, sand lime, plant_______________________________ M .................... 11.539Paving blocks, 33 -ineh, St. Louis___________________ _ M................. 494 42.500

(c) Cement, Portland, plant (composite price)............................ Barrel_______ 149,560

236

1.744(d) Structural steel. (See Metals and metal products.)(e) Paint materials:

Barytes, western, New York____ ________________ ____ _ Ton................. 34.000Bone black, powdered, New York_____________________ Pound_______ 57,583

29,131 12,644

703,082 154,165 245,231 96,113 76, 546 3,446

42,489 28,636

291,080 324,462

3,40545,54952.96552.9655.3875.387

.055Copal gum, mamla, mill______________________________ ____do_______ .104Lampblack, velvet, New York________________________ ____do_______ .120Linseed oil, raw, New York____ ___________ ____ ______ ....... do.............. .112Litharge, commercial, New York................................... . ....... do__......... .112Lithopone, domestic, New York................................ ........ ....... do__......... .055Putty, commercial, New York______ ___________ ____do_______ .040Red lead, dry, New York................................................... ....... do__......... .117Rosin, B grade, New York_____________ ___ ______ Barrel_______ 12.416Shellac, T. N., New York____ __ __ ___________ Pound____ .343Turpentine, Southern, New York______________ Gallon. _ _ .930White lead, in oil, New York_________ __ ______ Pound_______ .152Zinc oxide, leaded grades, New York____ ___________ ____do............ .074

(/) Other building materials:Asphalt, bulk, refinery_______________________________ T o n .............. 12.000Crushed stone, 1^-inch, New York.___________ ________ Cubic yard___

Square foot_______do_______

1.773Glass, plate, New York—

3 to 5 square feet............................................................. .3985 to 10 square feet________________ ____ ___________ .478

Glass, window, works—Single A_______________________ __________________ 50 square feet _ 3.900Single B................. ........... .............................................. ____do.............. 3.110

i Based on sales of all makes of passenger cars in 1926. i Production in 1925.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

REVISED INDEX NUMBERS OP WHOLESALE PRICES 17T a b l e 3 .— Weights and base prices used in constructing revised index numbers of

wholesale prices, by group of commodities— Continued

Commodity UnitQuantity used as

weight (000 omitted)

Base price

(average for 1926)

GROUP v n .—BUILDING MATERIALS—Continued

( / ) Other building materials—Continued.Gravel, building, plar\t (nompnsitft pricft)_____ u _ T o n ________ 57,827

456,7451,2101,069

42,261501

$0,941.078

8.9849.984 .635

Hollow tile, building, Chicago. ___ _______________ _ _ Block..............Lime, building, plant (composite price)................_ _ _ Ton_________

Lime, hydrated, plant (composite price)............................Sand, building, plant (composite price).............................

....... do.............

....... do.............Slate, roofing, sea green, quarry_____ _________________ 100 square feet_ 14.000Copper, sheet. (See Metals and metal products.) Copper, wire. (See Metals and metal products.) Nails, wire. (See Metals and metal products.)Pipe, cast-iron. (See Metals and metal products.) Pipe, lead. (See Metals and metal products.)Pipe, black-steel. (See Metals and metal products.) Reinforcing bars. (See Metals and metal products.) Terneplate. (See Metals and metal products.)Zinc, sheet. (See Metals and metal products.)

GROUP v m .—CHEMICALS AND DRUGS

(o) Chemicals:Acid, New Y o rk -

Acetic, 28 per cent________________________________ Pound_______ 60,660 $0,033.089Boric____________________________________________ ....... do_______ 16,738

54,909 307,539 48,617 56,907

Carbonic________________________________________ ____do__....... . .060Muriatic, 20° , works______________________________ ____do_______ .009Nitric, 42°_________ ______________________________ ....... do............. .064Oleic, distilled_________ _____ ____________________ ....... do............. .093Salicylic, U. S. P., New York..................................... ____do._______ 4,632

21,121 9,071,760

69,687 5,714 5,601

27,673 13,913

.342Stearic, triple-pressed_____________ ____ __ _____ ___ ....... do............. .163Sulphuric, 66°____________________________________ ....... do............. .007

Alcohol, New Y ork -Denatured . _ _ _ _ _ _ ____ ____ G a llon ..____ .367

.634Wood, refined____________________________________ ____do_______Alnminnm sulphate, commercial, New York___________ 100 pounds___

Pound_______1.400

Ammonia, anhydrous, New York_____________________ .131Anglin oil, New York________________________________ ____d o ............. .164Benzine, pure, works_________________________________ Gallon_______ 20,145

2,542 103,061 14,225

142

.242Bleaching powder, works__________________ __________ 100 pounds___

Pound.._____2.000

Borax, crystals, New York____________________________ .049Calcium arsenate, New York__________________________ ....... do............. .073Calcium chloride, 73-75 per cent, New York____________ Ton .......... 21.000Caustic potash, 88-92 per cent, New York______________ Pound_______ 11,557

18,55022,817

.071Coal-tar colors, New Y ork -

Black, direct_____________________________________ ____do_______ .344Brown, sulphur__________________________________ ____do_______ .212Indigo, paste_____________________________________ ____do.............. 32,920

12,80237,948

62

.140Jet, nigrosine____________________________________ ____do_______ .456

Copper sulphate, New Yorlr ................... . ... ____do............. .047Copperas, works_________________ ____________ . _____ Ton................. 12.423Copra. (See Foods.)Creosote oil, grade 1, works___________________________ Gallon_______ 115,687

21,093 1,437

60,931

.141Formaldehyde, New York____________________________ Pound_______ .097Lime, acetate, New York_____________________________ 100 pounds___

Pound_______3.279

Naphthalene flake, New York_________________________ .055Sal soda, New York________ , ________________________ 100 pounds___

T o n ________1,360

1441.012

Salt cake, ground, works______________ -______________ 20.000Soda ash, light, 58 per cent, New York___ _____________ 100 pounds___

Pound_______26,286

268,8202.290

Soda, bicarbonate, works_____________________________ .019Soda, caustic, New York_____________________________ ____do............. 977,718

7,266 1,739

387,557 3,890

.038Sodium silicate, 40°, works...... ................... ........... ............ 100 pounds___

Gross ton____.779

Sulphur, crude, mines________________________________ 18.212Tallow, packers’ prime, Chicago_______________________ Pound_______ .087Toluene, pure, works_________________________________ Gallon_______ .350White arsenic, powdered, New York___________________ Pound_______ 45,603

133,83727,095

.035Vegetable oils—

Coconut. (See Foods.)Corn. (See Foods.)Palm, niger. New York______ ____________________ ....... do_______ .080Palm kernel, crude, New York____________________ ____do__-____ .100Soya bean. (See Foods.)

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

18 BEVISED INDEX NUMBERS OP WHOLESALE PBICES

T a b l e 3 .— Weights and base prices used in constructing revised index numbers of wholesale prices, by group of commodities— Continued

Commodity UnitQuantity used as

weight (000 omitted)

Base price

(average for 1926)

GROUP v m .—CHEMICALS AND DRUGS-Continued

(&) Drugs and pharmaceuticals:Acid, New York—

Citric, domestic, crystals............................................... Pound_______ 7,167 8,639

11,146 6,551

41,896 7,304

554

$0,447.293Tartaric, crystals............................................................ ____ do.............

Alcohol, gram, New York__________ _ „ „ . _ „ . Gallon_______ 4.855Camphor, Japanese, refined, slabs, New York......... ......... Pound_______ .740Castor oil, medicinal, New York .................... ____do.. ____ .126

.214Cream of tartar, powdered, New York______ _________ ....... do..............Epsom salts, U. S. P., New York.................. ................... 100 pounds___

Pound_______2.474

Glycerine, chemically pure, New York__________ _____ _ 85,519 244

.275Menthol, imported, New York________________________ ....... d o ______ 5.101Opium, TT. S. P., Np.w York ....... do ........ 107 12.000Peroxide of hydrogen, U. S. P., New York_____________ Gross 4-ounce 918 7.712Phenol, U. S. P., New York................................................

bottles. Pound_______ 6,676

4,050 119,087 62,7812,626

163

.197Quinine, snlphat.fi, domestic, New York __ . Ounce_______ .431Soda phosphate, commercial, New York_______________ Pound_______ .033Zinc chloride, granular, New York........... ................ - ........ ....... do_______ .065

(c) Fertilizer materials:Acid phosphate, Baltimore ............................ „........ ..... Ton................. 9.592Bones, ground, Chicago...... ........................ ........................ ....... do_______ 26.519Kainit, 12.4 per cent, New York.................... _................... ....... do_______ 196 8.293Manure salts, 20 per cent, New York............................ . ____do_______ 366 11.782Muriate of potash, 80-85 per cent, New York.................... ....... do_______ 210 35.121Nitrate of soda, 95 per cent, New York.............................. 100 pounds___

Ton...............22,4443,6399,805

74

2.550Phosphate rock, Florida land pebble, mines...................... 3.140Sulphate of ammonia, New York______________________ 100 pounds___

Ton_________2.628

Sulphate of potash, 90-95 per cent, New York.................... 46.058Tankage, Chicago__________________ _____ ___________ ____do_______ 127 34.608

(d) Fertilizers, mixed (composite price):New England_______________________________________ ____do_______ 154 38. 771Middle West......................................................................... ____do_______ 386 27.817South Central and Southwest .................. ....................... ....... d o . . . ........ 588 27.922Middle Atlantic. ............ ..................................................... ____do_______ 927 32.497South Atlantic, 8-3-3.......... ............................................. ____do_______ 1,402

93423.200

South Atlantic, other. - ........................................................ ____do_______ 29.915

GROUP IX.—HOUSE-FURNISHING GOODS

(a) Furniture, factory (composite price):Bed room—

Beds................................................................................ Each............ . 1,071 1,189 2,382 1,041

782

$31,0396.208Chairs_______________________ __________ ____ ____ ____ do_______

Dressers....... ........... ................... ............................ ...... ....... do_______ 40.693Rockers__________________________ _____________ _ ....... do_______ 7.068

Dining room—Buffets............................................................................ ....... do_______ 36.912Chairs.................... ............... ........................................ Set of six_____ 992 48.561Tables___________________________________________ Each............... 825 31.341

Kitchen—Cabinets. ....................................................................... ....... do_______ 493 39.667Chairs____________________________ __________ ___ Dozen_______ 298 16.667Refrigerators__________________________ ___________ Each________ 3,392

74117.000

Tables__________________________________________ ____do_______ 6.500Living room—

Chairs___________________________________________ ....... do............. 2,126655

40.708Davenports..................................................................... ____do_______ 64.823Tables................................................................ ............ ____do_______ 3,652

34,240 11,170 14,280

953

19.000(6) Furnishings:

Blankets—Cotton. (See Textile products.)Wool. (See Textile products.)

Carpets, factory—Axminster________ _______________ _______________ Yard............... $3,120

3.064Brussels............ ............................. ........... ..................... ....... do_______Wilton__________________________________________ ....... do_______ 5.072

Cutlery, factory—Carvers.................. ................................. ..................... Pair................. 1.350Knives and forks............................................................ Gross________ 288 12.500

Pails, galvanized iron, factory_________________________ ....... do............. 110 21.903Sheeting, 10/4—

Pepperell. (See Textile products.) Wamsutta. (See Textile products.)

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

REVISED INDEX NUMBEBS OF WHOLESALE PBICES 19T a b l e 3 .— Weights and base prices used in constructing revised index numbers of

wholesale prices, by group of commodities— Continued

Quantity BaseCommodity Unit used as

weight (000 omitted)

price (average for 1926)

GROUP IX.—HOUSE-FURNISHING GOODS—Continued

(6) Furnishings—Continued.Tableware, factory—

Dinner set, 100-piece, semivitreous_________________ Set.................. 528 $19,860Dinner set, 104-piece, vitreous................................ ...... ....... do_______ 528 45.700Nappies, glass, 4-inch, common____________________ Dozen_______ 18,616

18,616 45,777 4,400 4,383

.200Pitchers, glass, ^ gallon, common__________________ ....... do_______ 2.142Tumblers, pint, common_______________________ ....... do.... ........ .183Plates, white granite _ _________ ____ do_______ .980Tea cups and saucers, white granite________________ ....... do_______ 1.260

Ticking, Amoskeag. (See Textile products) . __________ ....... do_______Tubs, galvanized iron, factory_________________________ ....... do_______ 662 6.550Sewing machines, factory. (See Metals and metal

products.)Stoves, cooking—

Coal. (See Metals and metal products.)Gas. (See Metals and metal products.)Oil. (See Metals and metal products).

GROUP X.—MISCELLANEOUS

(a) Cattle feed:Bran, Minneapolis____ _______________________________ Ton................. 2,271

1,808636

$23,08428.542Cottonseed meal, prime, Memphis_____________________ ____do_______

Linseed meal, New York_____________________________ ____do_______ 47.731Middlings, standard, Minneapolis_____________________ ____do_______ 2,271

1.0291.0291.029

57,417 2,534,670

602

23.430(6) Paper and pulp:

Box board, mill—C h ip .............................................................................. ____do_______ 39.008Manila-lined chip________________________________ ____do_______ 48.91685-pound test liner________________________________ ____do_______ 61.298

Paper—Newsprint, rolls, contract, mills___________________ 100 pounds___

Pound_______3.450

Wrapping, manila, No. 1, jute, New Y ork _________ .110Wood pulp—

Mechanical, No. 1, domestic, mill______ _____ ______ Ton.......... ...... 30.817Sulphite, domestic, unbleached, news grade, New

York.(c) Rubber, crude, New York:

Para, island, fine_____________________________________

100 pounds___

Pound_______

38,257

37,036

2.865

.380Plantation, ribbed, smoked sheets_____________________ ____do_______ 703,689

20.84220.842 10,421

313.453313.453313.453313.453

14.61414.614

.487(d) Automobile tires, factory (composite price):

Balloon_____________________________________________ Each________ 18.289Cord__ _____________________________________________ ....... do_______ 14.016Fabric_______________________________________________ ____do_______ 8.796

(e) Other miscellaneous:Cylinder oil, refinery—

Oklahoma_______________________________________ Gallon_______ .180Pennsylvania____________________________________ ____do_______ .264

Neutral oil, refinery—Gulf Coast______________ _____ ___________________ ....... do............. .129Pennsylvania____________________________________ ....... do............. .280

Soap, laundry—Cincinnati_______________ _______ ____ ___________ 100 cakes_____ 4.469Philadelphia___ _____________ _____ _____ ________ ___d o _______ 4.851

Starch, laundry, New York.............................................. Pound_______ 878,552116,09526,816

.058Tobacco, New York—

Plug................................................................................. ____do........ .... .696Smoking_________________________________________ Gross 1-ounce 8.320

bags.

Table 4, which follows, contains prices for each of the 550 commodi­ties for the months of July, 1926, and June and July, 1927. Corre­sponding index numbers for the various commodity groups are contained in Table 1.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

T a b l e 4.— Wholesale prices of commodities, July, 1926, and June and July, 1927

20 BEVISED INDEX NUMBERS OF WHOLESALE PRICES

Commodity

Average prices Index numbers (1926=100)

July,1926

June,1927

July,1927

July,1926

June,1927

July,1927

FARM PRC>DUCTS

(a) Grains:Barley, malting, per bushel, Chicago..............Corn, per bushel, Chicago—

Contract grades..........................................No. 3, mixed...............................................

Oats, per bushel, No. 2, white, Chicago.........Rye, No. 2, per bushel, Chicago.................. .Wheat, per bushel—

No. 2, red winter, Chicago........................No. 2, hard, Kansas City. ........................No. 1, northern spring, Minneapolis........No. 2, dark, northern spring, Minneapolis. .No. 1, hard, white, Portland, Oreg...............No. 2, red winter, St. Louis...........................

(&) Livestock and poultry:Cattle, per 100 pounds, Chicago—

Calves, good to choice, vealers.......................Cows, fair to good...........................................Cows, good to choice......................................Steers, fair to good. ........................................Steers, good to choice....................................

Hogs, per 100 pounds, Chicago—Fair to choice, heavy butchers. ............ .......Fair to choice, light butchers.........................

Sheep, per 100 pounds, Chicago—Ewes, native, all grades, fair to best..........Lambs, western, fair to good.........................Wethers, fed, poor to best..............................

Poultry, live fowls, per pound—Chicago...........................................................New York.......................................................

(c) Other farm products:Beans, medium, per 100 pounds, New York.......Cotton, middling, per pound—

Galveston........................................................New Orleans...................................................New York. ................................................ .

Eggs, fresh, per dozen—Western, Boston.............................................Firsts, Chicago. .....................................Extra firsts, Cincinnati................................Candled, New Orleans...................................Firsts, New York...........................................Extra firsts, Philadelphia.............................No. 1, extras, San Francisco..........................

Apples, fresh, per barrel—Baldwins, Chicago........................................ .Baldwins, New York.....................................Winesaps, medium grade, Portland, Oreg....

Lemons, choice or fancy, California, per box,Chicago....... .......................................................

Oranges, choice, California, per box, Chicago____Hay, per ton—

Alfalfa, Kansas City..................................... .Clover mixed, No. 1, Cincinnati.................. .Timothy, No. 1, Chicago............................. .

Hops, prime to choice, Pacifics, per pound,Portland, Oreg...................................................

Milk, fluid, per 100 pounds—Chicago......................................................... .New York..................................................... .San Francisco............................................... .

Peanuts, per pound, Norfolk..............................Seeds—

Alfalfa, Kansas City, per 100 pounds............Clover, Chicago, per 100 pounds................. .Flaxseed, Minneapolis, per bushel-............ .Timothy. Chicago, per 100 pounds.............. .

Tobacco, leaf, warehouse sales, per 100 pounds, Kentucky..........................................................

$0.722.804.786.417

1.0401.440 1.373 1.693 1.701 1.445 1.433

12.750 5.525 6.263 8.719 9.419

12.981 13.9005.875

14.2637.313.248.270

5.056.180.182.187.293.274.280.318.293.322.265

0)5.7251.4066.188 5.906

18.25019.87523.750

.2552.863 3.517 3.084 .055

19.00027.6542.4466.3616.265

$0,9161.003.980.503

1.1461.4481.4871.4561.4941.5101.511

11.844 7.113 7.988

10.613 11.831

9.0755.156

13.2507.500.206.243

6.400.165.164.168.228.219.231.173.231.250.200

4.500 4.8750

6.313 6.406

15.750 18.125 19.625

.2232.878 3.517 3.140 .053

0)34.6152.2334.2897.633

$0.7861.021.999.477

1.0961.428 1.401 1.440 1.486 1.378 1.455

13.031 7.013 8.038

10.825 12.3008.9759.9695.313

14.219 6.500.215.248

6.531.179.177.180.248.232.260.183.248.275.223

0)0)0)

8.4697.156

15.550 14.750 18.000

.1992.994 3.517 3.140 .059

0)30.6202.2154.4408.786

104.0 132.0 113.3

93.491.7

109.3109.4 100.792.1

105.195.996.599.5

105.2106.0

132.1133.2 116.8120.293.999.494.096.1

105.297.2

97.6123.4123.1121.1 124.2

78.296.791.782.081.4

92.9 117.6105.6108.4106.482.182.078.793.7 82.3 81.5 89.0

142.065.9

105.997.4 98.298.5 111.1

115.386.9

105.1104.1

96.9 97.5 95.764.0 65.465.050.965.1 63.367.2

134.6135.8110.9 114. &92.693.693.095.696.093.6

107.4121.7 123.9123.5 129.172.876.080.6

103.879.485.583.1

120.0

108.895.970.2

74.0 90.1

100.3120.0

96.295.172.7

103.71 N o quotation.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

REVISED INDEX NUMBERS OF WHOLESALE PRICES 21T a b l e 4.— Wholesale prices of commodities, July, 1926, and June and July,

1927— Continued

Commodity

Average prices Index numbers (1926=100)

July,1926

June,1927

July,1927

July,1926

June,1927

July,1927

FARM PRODUCTS—Continued

(c) Other farm products—Continued.Vegetables, fresh—

Onions, Chicago, per 100 pounds...................Potatoes, white, per 100 pounds—

Boston.............................. ...................... .Chicago.....................................................New York........................... ....................Portland, Oreg.........................................

Potatoes, sweet, per %-bushel, Philadelphia.Wool, per pound, Boston—

Ohio, grease basis—Fine clothing............................................Fine delaine— ...................................... .Half blood.................................................Medium grades...................... .................

Territory, scoured—Staple, fine and fine medium................._Half blood.................................................

Foreign—Argentine crossbreds, quarter blood,

grease basis...........................................Australian, Geelong 66’s, scoured basis... Montevideo, one-fourth blood, 50’s,

grease basis.... ..................... .................

$2.7502.452 2.038 2.153 2.031 0)

.380

.450

.440

.4301.110 .990

.273

.640

.350

$5.078 $4,632 112.4 207.5 189.33.400 1.635 69.6 96.5 46.43.694 2.138 67.6 122.6 70.92.750 2.017 57.0 72.8 53.44.406 3.406 70.7 153.4 118.60) 0)

.370 .390 94.6 92.1 97.1

.450 .460 96.4 96.4 98.6

.440 .450 95.3 95.3 97.5

.430 .440 94.2 94.2 96.31.075 1.095 96.4 93.3 95.1.988 1.006 94.6 94.3 96.1

.280 .292 96.3 98.8 103.0

.660 .660 94.3 97.3 97.3

.355 .361 94.9 96.3 97.9

FOODS

$0.405 $0.423 $0,416 92.3 96.4 94.8.385 .400 .396 91.4 94.8 93.9.358 .367 .367 91.5 93.7 93.8.384 .403 .399 89.6 94.0 93.0.377 .394 .386 90.9 95.1 93.0.358 .371 .368 91.7 95.0 94.2.360 .383 .370 91.2 96.9 93.7.440 .453 .449 92.5 95.1 94.3.420 .413 .410 91.6 90.0 89.5.405 .425 .416 91.4 95.8 93.8.384 .395 .394 91.6 94.2 94.0.354 .367 .369 91.2 94.6 95.3.415 .434 .426 91.3 95.4 93.7.403 .423 .411 91.0 95.4 92.8.373 .388 .381 91.6 95.3 93.7.395 .423 .413 89.7 96.0 93.7.407 .418 .418 93.4 95.9 95.8.390 .402 .399 93.3 96.2 95.4.198 .226 .223 91.3 104.3 102.9.218 .218 .243 96.0 96.2 107.2.203 .200 .204 88.7 87.4 89.1

5.869 5.900 5.825 100.2 100.7 99.54.325 4.600 4.581 98.4 104.7 104.3

.162 .170 .182 98.7 103.5 110.8

.165 .188 .200 96.7 109.8 117.222.100 19.625 19.500 94.1 83.5 83.0

.284 .300 .294 108.6 114.7 112.4

.150 .144 .156 104.0 99.7 108.4

(а) Butter, cheese, and milk:Butter, creamery, per pound—

B oston-Extra.................................................. ......Firsts......................................... ..............Seconds_____________________________

Chicago-Extra.........................................................Extra firsts........ ...................... ......... ......Firsts___________ _______ _____ _______

Cincinnati, as to score................................ —New Orleans—

Fancy..................... ................................Choice......................................................

New York—Extra........................................................Firsts_________ _____________________Seconds.................................. .................

Philadelphia-Extra................. : .............. .......... ..........Extra firsts..... ..........................................Firsts___________ ____ _____ __________

St. Louis, extra...............................................San Francisco-

Extra____________ ___________ _______Firsts.............................. ..........................

Cheese, whole milk, per pound—Chicago............ .............................................New York................... ..................................San Francisco..................................................

Milk, condensed, per case, New York............... .Milk, evaporated, per case, New York................Milk, fluid. (See Farm products.)

(б) Meats:Beef, fresh, steers, per pound—

Chicago....... ...................................................New York............ ..........................................

Beef, cured, family, per barrel (200 pounds),New York...........................................................

Lamb, fresh, per pound, Chicago........................Mutton, fresh, dressed, per pound, New York__

1 No quotation.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

22 REVISED INDEX NUMBERS OF WHOLESALE PRICBS

T a b l e 4t,— Wholesale 'prices of commodities, July, 1926, and June and July,1927— Continued

Commodity

Average prices Index numbers (1926=100)

July,1926

June,1927

July,1927

July,1926

June,1927

July,1927

FOODS—Continued

(6) Meats—Continued.Pork, cured—

Bacon, per pound, Chicago.......................Hams, per pound. Chicago.................... ........Mess, per barrel (200 pounds), New Y ork...Sides, clear, per pound, Chicago...................Sides, rough, per pound, Chicago..................

Pork, fresh, dressed hogs, per pound, Chicago... Poultry, dressed, per pound—

Chicago............................................................New York.......................................................

Veal, fresh, good, per pound, Chicago.................(c) Other foods:

Beans. (See Farm products.)Bread, loaf, per pound (before baking)—

Chicago...........................................................Cincinnati.......................................................New Orleans.................................................. .New Y o rk .....................................................San Francisco__________ _____ ____ ______ _

Cocoa beans, Arriba, per pound. New York___Coffee, Brazil grades, per pound, New York—

Rio No. 7....................................................... .Santos No. 4...................................................

Copra, South Sea, per pound, New York.......... .Crackers, soda, per pound, New York............... .Eggs. (See Farm products.)Fish—

Cod, pickled, cured, per 100 pounds, Glouces­ter. Mass................ ................................... .

Herring, pickled, per pound, New York___Mackerel, salt, per pound, New York..........Salmon, canned, Alaska red, per dozen cans,

factory.-...................- ................................Salmon, smoked, Alaska, per pound, New

York....... ................ ...................................Flour, rye, white, per barrel, Minneapolis.........Flour, wheat, per barrel—

Hard winter, standards, Buffalo..................Clears, firsts, Buffalo....................................Patents, short, winter, Kansas City............Straights, short, winter, Kansas City..........Standard patents, Minneapolis....................Second patents, Minneapolis.......................Patents, Portland, Oreg...............................Patents, short, soft, winter, St. Louis.........Straights, soft, winter, St. Louis..................Patents, soft, winter, Toledo.......................

Fruit, canned, per oase, New York—Peaches, 2^s.................................................Pineapple, 2Ms..............................................

Fruit, dried, per pound, New York—Apples, evaporated.......................................Currants, cleaned, Amalias..........................Prunes, California, 60-70s.............................Raisins, coast, seeded...................................

Fruit, fresh—Apples. (See Farm products.)Bananas, Jamaicas, per bunch, New Y ork... Lemons. (See Farm products.)Oranges. (See Farm products.)

Glucose, 42° mixing, per 100 pounds, New York. Hominy grits, white, per 100 pounds, f. o. b. mill-.Lard, prime, contract, per pound, New York___Meal, corn, per 100 pounds—

White, f. o. b. mill.....................................Yellow, fancy, Philadelphia.........................

Molasses, New Orleans, fancy, per gallon, NewYork....................................................................

Oatmeal, in 90-pound sacks, per 100 pounds, NewYork....................................................................

Oleomargarine, standard, uncolored, per pound, Chicago........................................................

$0.331 .351

40.375 .224 .224 .250.275.295.184

.075

.071

.070

.070

.078

.179

.198

.228

.060

.140

7.250 .135 .100

3.575.400

6.2638.250 7.885 7.355 6.805 8.975 8.669 8.090 7.540 6.860 7.3001.900 2.150.121.088.079

2.863

3.4351.663 .165

1.663 2.580.520

3.014

.225

$0,280 .246

33.250 .186 .184 .183.195.268.178

.075

.071

.066

.070

.069

.204

.148

.169

.052

.140

6.500.153.110

2.675.430

6.238

6.8447.8137.0637.9137.6258.0607.2136.3816.9381.7752.250.103.115.069.069

3.1602.068.131

2.0683.075.650

3.681.215

$0.270 .243

33.000 .172 .168 .183.218.260.195

.075

.069

.070

.070

.069

.203

.142

.169

.052

.140

6.500.145.090

2.694.420

5.9508.030 6.990 7.585 6.920 7.813 7. 556 8.012 6.940 6.295 6.5751.7752.250.111.111.068.069

1.631

3.1602.145 .132

2.145 3.210.650

3.597.215

108.9113.9 107.8 111.6113.1100.2101.794.098.3

100.0100.3 97.8

100.0100.999.2

108.7102.2103.4 100.0

99.9 102.2 100.0107.5104.4 111.8

94.994.291.5 93.8

106.5 106.4101.396.396.5 95.797.4

100.0102.797.1101.0

106.4

116.8

99.9106.7109.7106.796.998.5 98.1

98.6

92.1 80.0 88.892.992.973.172.1 83.794.9

100.0100.391.6

100.089.8

113.281.575.8 89.0

100.0

89.6115.4 110.080.4

112.2111.496.281.797.297.4 93.9 93.6

100.992.189.891.091.0

104.787.0

127.689.075.1

68.8

91.9132.786.9

132.7 115.5123.1

119.8 94.2

88.879.088.185.784.7 73.180.482.9

104.2

100.097.697.8

100.089.8

112.878.175.790.2

100.0

89.6 109.890.081.0

109.6106.292.483.594.495.492.792.7

100.3

91.0 104.794.2

123.586.575.1

66.5

91.9137.7 87.8

137.7 120.5123.1117.1 94.2

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Re v i s e d I n d e x n u m b e r s o f w h o l e s a l e p r i c e s 23T a b l e 4*— Wholesale prices of commodities, July, 1926, and June and July,

1927— Continued

Commodity

Average prices Index numbers (1926=100)

July,1926

June,1927

July,1927

July,1926

June,1927

July,1927

FOODS—Continued

(c) Other foods—Continued.Oleo oil, extra, per pound, Chicago....................Pepper, black, per pound, New York------ ------Rice, head, clean, per pound, New Orleans-

Blue Rose, medium to good.........................Honduras, medium to choice.........................

Salt—American, medium, per barrel (280 pounds),

Chicago...................- ................................Granulated, per ton, Chicago......................

Sugar, per pound, New Y o rk -Granulated.-................................................Raw, 96°..........................................................

Tallow, edible, per pound, Chicago. .................Tea, Formosa, fine, per pound, New York........Vegetables, canned, per dozen—

String beans, New Y ork ............................. .Corn, f. o. b. factory. ................................... .Peas, New York............................................Tomatoes, New York...................................

Vegetables, fresh—Onions. (See Farm products.)Potatoes. (See Farm products.)

Vegetable oils—Coconut, per pound, New York...................Corn, per pound, New York........................Cottonseed, per pound, New York..............Olive, per gallon, New York........................Peanut, per pound, f. o. b. mill.....................Soya bean, per pound, New York________ _

Vinegar, cider, per gallon, New York.................

$0.134 $0.132 $0,134 111.5 109.6 111.3.245 .320 .358 95.7 124.9 139.7.063 .044 .041 102.4 71.1 67.0.073 .063 .061 98.9 85.3 83.6

2.195 2.195 2.195 100.0 100.0 100.07.600 6.600 6.600 101.2 87.9 87.9.056 .060 .059 101.3 110.2 107.3.042 .046 .'045 95.6 106.7 104.4.106 .084 .082 111.4 88.2 85.8.355 .345 .345 100.1 97.3 97.3.841 1.150 1.150 94.1 128.8 128.8.875 .975 .975 97.2 108.3 108.3

1.363 1.225 1.225 103.5 93.1 93.11.400 1.500 1.500 97.7 104.7 104.7

.111 .097 .096 104.6 91.3 90.8

.140 .110 .110 116.3 91.4 91.4

.151 .092 .095 127.8 77.5 80.51.850 2.150 2.150 96.8 112.5 112.5.133 .125 .125 118.1 111.0 111.0.125 .120 .120 99.2 95.2 95.2.185 .185 .190 99.6 99.6 102.3

HIDES AND LEATHER PRODUCTS

(а) Hides and skins:Hides, per pound, Chicago-

Country cows.................................................Packers’ , heavy native steers........................Packers’ , heavy Texas steers........................

Skins, per pound—Calf, No. 1, country, Chicago......................Goat, Brazil, first selection, New York....... .Kip, No. 1, country, Chicago........... ..........Sheep, packers’ , Chicago.............................. .

(б) Leather:Chrome calf, B grade, per square foot, Boston.. Glazed kid, top grade, per square foot, Boston— Harness, California oak, per pound, general

market............................................................... .Side, black, chrome, tanned, B grade, per square

foot, Boston....................................................... .Sole, per pound—

Oak, m sides, Boston........................ .......... .Oak, scoured backs, Boston......................... .Union backs, steers, New Y ork ................. .

(c) Boots and shoes—Children’s, per pair, factory—

Child's, gun metal.................................. .Little boy’s, tan calf blucher................. .Misses’, gun metal............ .................... .Youths’, tan calf blucher.........................

Men’s, per pair, factory—Black calf, bal......................................... .Black calf, blucher...................................Dress welt, black, side leather................Black, vici kid.........................................Chocolate, elk, blucher........................... .Dress........................................................Gun metal, blucher.................................Mahogany, chrome, baL..........................

$0,093.142.129

$0.151 .195 .181

$0.173 .219 .199

96.8101.196.5

156.5 139.0 135.2

179.4156.4 148.9

.172

.688

.1542.125

.201

.753

.1962.275

.226

.759

.2212.250

99.1 93.899.1 98.0

115.9 102.8 126.3104.9

130.5103.6142.6 103.8

.450

.675.480.675

.510

.67599.3

100.0105.9100.0

112.5100.0

.441 .440 .478 100.9 100.8 109.5

.250 .320 .370 98.7 126.3 146.1

.350

.410

.413.380.490.464

.390

.510

.490

99.193.596.3

107.6111.8108.3

110.4116.4114.4

1.3301.4731.5681.663

1.3301.4731.5681.663

1.3301.4731.5681.663

100.0100.0100.0100.0

100.0100.0100.0100.0

100.0100.0100.0100.0

4.850 6.400 3.150 6.000 1.719 3.3504.6003.600

4.9026.4003.1856.0001.8803.4504.6003.600

5.000 6.400 3.2506.000 1.967 3.550 4.750 3.650

98.5 100.098.5

100.099.8

100.0100.0100.0

98.5 100.098.5

100.0 109.1103.0100.0 100.0

101.6100.0101.6100.0114.1106.0103.3101.4

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

24 REVISED INDEX NUMBERS OF WHOLESALE PRICES

T a b l e 4 .— Wholesale 'prices of commodities, July, 1926, and June and July,1927— Continued

Commodity

Average prices

July,1926

June,1927

July,1927

Index numbers (1926=100)

July, June,1927

July,1927

HIDES AND LEATHER PRODTJCTS-Continued

(c) Boots and shoes—Continued.Men’s, per pair, factory—Continued.

Dress welt, tan, ca ll................................ $4,850 $4,902 $5,000 98.5 98.5 101.6Dress welt, tan side leather.............. ...... 3.350 3.367 3.400 99.3 99.3 100.8Work........................................................ 2.050 2.150 2.250 100.0 104.9 109.8

Women’s, per pair, factory—Black kid, dress........................................ 4.000 4.000 4.000 98.2 98.2 98.2Black kid, McKay sewed_____________ 3.600 3.600 3.650 100.0 100.0 101.4Medium grade....... ................................. 2.000 2.100 2.200 100.0 105.0 110.0Better grade....................._.................... . 2.850 2.950 3.050 100.0 103.5 107.0Colored calf.............................................. 4.150 4.150 4.250 100.0 100.0 102.4Patent leather pump................................ 3.600 3.600 3.750 100.0 100.0 104.2

(d) Other leather products: Gloves—

Men’s, per dozen pairs................................... 33.840 33.840 33.840 100.0 100.0 100.0Women’s, per dozen pairs.............................. 21.150 22.560 22.560 100.0 106.7 106.7

Harness, per set (composite price)....................... 44.975 44.975 45.585 100.0 100.0 101.4Suitcases, each (composite price)....................... . 7.903 8.070 8.070 100.0 102.1 102.1Traveling bags, each (composite price)............... 6.513 6.597 6.597 100.0 101.3 101.3

TEXTILE PRODUCTS

(а) Cotton goods:Blankets, cotton, per pair, Boston.................Denims, Massachusetts, 28-inch, per yard, mill. Drillings, per yard, mill—

Brown, Massachusetts, 30-inch.__________Brown, Pepperell, 29-inch. ............... ..........

Duck, per yard, mill—8-ounce- Army................... ...... .....................Wide, 36-inch......... .......................................

Flannel, per yard, mill—Colored, 27-inch................. ...........................Unbleached, 33-inch......................................

Gingham, per yard, mill—Amoskeag, 27-inch--------- ------------- ----------Security, 32-inch............ ..............................

Hosiery, per dozen pairs, mill—Men’s, combed yarn....................................Women’s silk mercerized..............................

Muslin, bleached, per yard, mill—Fruit of the Loom..........................................Lonsdale.........................................................Rough Rider..................................................Nainsook, Wamsutta, per yard, mill. .........

Percale, Scouts, 38^-nach, per yard, mill______Print cloth, per yard, mill—

27-inch............................................................38^-inch.........................................................

Sheeting, bleached, per yard, mill—10/4, Pepperell................................................10/4, Wamsutta.............................................

Sheeting, brown, per yard, mill—Indian Head, 36-inch.....................................4/4 Pepperell..................................................4/4 Tnon.........................................................

Thread, 6-cord, 100 yards, per spool, mill______Ticking, Amoskeag, 32-inch, per yard, mill------Underwear, mill—

Men’s shirts and drawers, per dozen gar­ments.......................................................

Women’s union suits, per dozen...................Yarn, per pound, mill—

Carded, white, northern, 10/1 cones.............Carded, white, northern, 22/1 cones..............Carded, single warp, 40/ls, southern spinning.Twisted, 20/2, carded for weaving.................Twisted, 40/2, carded for weaving.................

(б) Silk and rayon:Rayon, per pound, New York—

150 A denier.....................................................150 B denier.....................................................300 A denier......................... ...........................300 B denier.....................................................

$1.235 $1.020 $1,034 100.0 82.6 83.7.164 .157 .164 96.9 92.8 97.0.132 .121 .123 100.4 91.6 92.9.123 .109 .114 96.3 85.8 89.4.195 .183 .187 98.7 92.7 94.7.406 .390 .382 96.9 93.3 91.5.125 .110 .110 99.3 87.2 87.4.175 .164 .165 99.5 93.5 93.8.090 .099 .091 100.0 100.0 101.1.123 .123 .123 100.0 100.0 100.0

1.600 1.550 1.550 98.5 95.4 95.42.302 2.275 2.275 98.8 97.7 97.7.166 .162 .162 99.5 96.6 96.6.148 .137 .137 98.2 90.8 91.0.139 .152 .154 97.1 106.1 107.6.229 .225 .225 100.7 98.8 98.8.125 .127 .127 96.7 98.3 98.3

.050 .055 .056 95.8 104.8 106.9

.072 .073 .075 95.0 96.8 98.5

.408 .369 .371 98.0 88.5 89.21.140 1.140 1.140 100.0 100.0 100.0

.125 .108 .110 102.0 87.8 89.5

.120 .112 .119 97.9 91.4 96.9

.089 .084 .087 95.3 90.2 93.8

.036 .036 .036 100.0 100.0 100.0

.200 .205 .207 97.8 100.2 101.3

6.930 6.039 6.039 101.4 88.3 88.310.000 8.500 8.500 101.3 86.1 86.1

.315 .294 .305 97.1 90.7 94.2

.344 .346 .354 96.0 96.7 98.7

.500 .470 .481 98.4 92.4 94.7

.305 .301 .313 94.2 92.9 96.8

.458 .454 . .456 97.0 96.3 96.5

1. 650 1.500 1.500 91.2 82.9 82.91.500 1.450 1.450 88.6 85.7 85.71. 500 1.300 1.300 93.6 81.1 81.11. 400 1.280 1.280 92.9 84.9 84.9

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

REVISED INDEX NUMBERS OF WHOLESALE PRICES 25T a b l e 4.— Wholesale prices of commodities, July, 1926, and June and July,

1927— Continued

Commodity

Average prices Index numbers (1926=100)

July,1926

June,1927

July,1927

•July,1926

June,1927

July,1927

TEXTILE PRODUCTS—Continued

(6) Silk and rayon—Continued.Silk, raw, per pound, New York—

China, steam filature, third category_______ $6,2354.836

$5.775 $5,4183.989

98.2 90.9 85.3Canton, doublft e*tra A -crack-_______ _____ 4.100 103.9 88.1 85.7

90.0Japan, double extra cracks________________ 5.959 5.688 5.442 98.6 94.1Japan, 13-1 - 6.076 5.488 5.292 98.1 88.6 85.4

Silk, spun, per pound, New Y o rk -Domestic, 60/1___________________________ 4.606 4.214 4.077 98.2 89.8 86.9Domestic, 60/2___________________________ 5.880 5.096 4.978 98.6 85.4 83.4Imported, 200/2, first quality______________ 5.640 5.047 4.978 97.5 87.3 86.1

Hosiery, per dozen pairs, mill—Women’s, pure silk___________i__________ 12.250 11.270 10.780 100.7 92.6 88.6Women’s, artificial silk___________________ 2.750 2.300 2.450 98.5 82.4 87.8Men’s, silk, mercerized top, heel, and toe__

(c) Woolen and worsted goods:Blankets, all wool, 4 to 5 pounds per pair, per

pound, mill_______________________________

4.500

1.367

4.000

1.313

4.000

1.313

93.8

101.3

83.4

97.3

83.4

97.3Flannel, No. 6400,64-inch,per yard, mill________ 1.642 1.715 1.715 97.8 102.2 102.2Overcoating, per yard, mill—

Heavy__________________________________ 3.000 3.000 3.000 98.6 98.6 98.6L i g h t ___________________ 4.500 4.350 4.350 99.1 95.8 95.8

Suiting, per yard, mill—Serge, 116 M. B __________________________ 3.848 3.848 3.848 100.8 100.8 100.8Serge, 11-ounce, 66-58 inch___________________ 2.073 2.048 2.048 95.6 94.5 94.5Uniform serge, fine grade, 12-ounce________ 2.734 2.678 2.678 99.3 97.3 97.3Uniform serge, medium grade, 12-ounce____Unfinished worsted, 13-ounce____________

2.0701.913

1.935 1.913

1.935 1.913

103.695.5

96.995.4

96.995.4

Trousering, 2900 range, cotton warp, 11-ounce, per yard, m ill____________________________ 1.521 1.500 1.500 99.6 98.2 98.2

Underwear, men’s, mill—Shirts and drawers, per dozen garments .. Union suits, per dozen___________________

30.000 30.380

28.000 27.440

28.000 27.440

100.0100.0

93.390.3

93.390.3

Women’s dress goods, per yard, mill—Broadcloth, 9H>-ounce____________________ 2.255 2.255 2.255 95.6 95.6 95.6Flannel, 12-ounce________________________ 1.925 1.900 1.900 99.0 97. 7 97.7Flannel, WFD, 64-inch___________________ 1.475 1.325 1.325 101. 6 91.3 91.3French serge, 39-inch_____________________ 1.050 .975 .975

.510101. 5 94.3 94.3

Serge, 36-inch____________________________ .450 .510 98.2 111.3 111.3Sicilian cloth, 64-inch_____________________ .800 .775 .775 101.1 97.8 97.8

Yarns, per pound, mill—2/32s, crossbred stock, white_______________ 1.400 1.325 1.350 97.5 92.3 94.12/40s, half-blood, weaving_________________ 1.788 1.738 1.750 96.4 93.7 94.42/60s. fine, weaving_______________________ 2.025 2.038 2.025 96.1 96.7 96.1

(d) Other textile products:Binder twine, standard, per bale (60 pounds),

mill___________________________ ._________________ 6.531 6.056 6.056 100.0 92.7 92.7Burlap, Iftl^-nnncft, 40-inch, per yard, mill _____ .088 .090 .093 96.0 97.6 101.5Hemp, manila, per pound, New York.................Jute, raw, medium grades, per pound, New York. Linen shoe thread, 10s Barbour, per pound, New

York__________________________ _____ _____

.133

.083

1.946

.141

.064

1.946

.144

.069

1.946

89.892.1

100.0

95.371.4

100.0

97.777.0

100.0Rope, pure manila, % inch and larger, per

pound, New York_________________________ .240 .245 .245 95.5 97.5 97.5Sisal, Mexican, per pound, New York................ .093 .076 .076 102.1 83.4 83.4

FUEL AND LIGHTING

(a) Anthracite coal:Composite spot price, per gross ton—

Chestnut........................................................ $13.643 $13,057 $13.148 99.1 94.8 95.5Egg.................................................................. 13.194 12.535 12.665 99.3 94.3 95.3Pea................................................................... 10.505 10.648 10.614 98.6 100.0 99.6

(6) Bituminous coal:Composite spot price, per net ton—

Mine run......................................................... 4.090 4.272 4.251 94.8 99.0 98.5Prepared sizes................................................. 4.563 4.755 4.741 95.2 99.2 98.9Screenings.................................................... 3.388 3.752 3.748 99.0 109.6 109.6

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

2 6 REVISED INDEX NUMBERS OF WHOLESALE PRICES

T a b l e 4 .— Wholesale prices of commodities, July, 1926, and June and July,1 P#7—Continued

Commodity

Average prices

July,1926

June,1927

July,1927

Index numbers (1926=100)

July,1926

June,1927

July,1927

FUEL AND LIGHTING—Continued

$5,563 $6,000 $6,000 100.1 108.0 108.02.944 3.169 3.044 71.7 77.2 74.15.750 5.563 5.500 100.4 97.1 96.0

10.180 10.180 10.180 95.8 95.8 95.81.039 1.022 1.026 100.4 98.8 99.2

1.100 .850 .850 100.8 77.9 77.92.050 1.155 1.155 108.8 61.3 61.33.463 2.900 2.900 98.9 82.8 82.81.231 .906 .900 95.1 70.0 69.5.063 .047 .047 97.5 73.2 73.6.125 .078 .079 110.4 68.5 69.6.112 .066 .070 107.8 63.7 67.9.131 .089 .088 102.8 70.0 68.5.109 .065 .066 106.4 63.4 64.8.082 .048 .044 91.3 53.5 49.0.086 .063 .064 99.7 72.8 74.6.099 .072 .070 95.6 69.1 67.0

(c) Coke:Beehive, Alabama, per net ton.......... .Beehive, Connellsville, per net ton__By-product, Alabama, per net ton .. . By-product, New Jersey, per net ton..

(d) Manufactured gas, per 1,000 cubic feet..(e) Petroleum products:

Petroleum, crude, per barrel, wells—California...................................... .Kansas-Oklahoma........................ .Pennsylvania...................... ..........

Fuel oil, refinery—Oklahoma, per barrel................... .Pennsylvania, per gallon...............

Gasoline, per gallon, refinery—California........................................Oklahoma.......................................Pennsylvania................................ .North Texas..................................Natural, Oklahoma...................... .

Kerosene, refined, per gallon-standard white, New Y ork........ .Water white, refinery................... .

METALS AND METAL PRODUCTS

(a) Iron and steel:Iron ore, per gross ton, lower Lake ports—

Mesabi Bessemer............................................Mesabi non-Bessemer....................................

Pig iron, per gross ton—Basic, furnace..................................................Bessemer, Pittsburgh.....................................Foundry, No. 2, northern, Pittsburgh..........Foundry, No. 2, southern, Birmingham.......Ferromanganese, furnace................................Spiegeleisen, furnace.......................................

Bar iron, per pound—Best refined, Philadelphia.............................Common, Pittsburgh....................................

Bars, concrete reinforcing, % inch and larger, per100 pounds, mill.................................................

Nails, wire, per 100 pounds, Pittsburgh..............Pipe, cast-iron, 6-inch, per net ton, New Y ork..Pipe, black steel, per 100 feet, Pittsburgh...........Skelp, grooved, per 100 pounds, Pittsburgh.......Steel billets, open-hearth, per gross ton, Pitts­

burgh..................................................................Steel merchant bars, per 100 pounds, Pittsburgh.Steel plates, tank, per pound, Pittsburgh______Steel rails, open-hearth, per gross ton, mill....... .Steel, scrap, per gross ton.....................................Steel sheets, No. 27, box annealed, per pound,

mill.................................................................... .Steel, structural, per 100 pounds, mill.................Terne plate, No. 8,1. C. package, per200 pounds,

mill....... .............................................................Tin plate, domestic, standard coke, per 100

pounds, Pittsburgh.......................................... .Wire, per 100 pounds—

Barbed, galvanized, mill.............................. .Galvanized, No. 9, Pittsburgh......................Plain, annealed, Pittsburgh......................... .Woven, fencing, per 100 rods, Pittsburgh__

(b) Nonferrous metals:Aluminum, per pound, New York......................Antimony, per pound, New York...................... .Brass, sheets, per pound, mill..............................Copper, ingots, electrolytic, per pound, refinery. Copper, sheet, not rolled, per pound, New York.Copper wire, bare, per pound, mills....................Lead, pig, desilverized, per pound, New York__

$4.400 $4,400 $4,400 100.0 100.0 100.04.250 4.250 4.250 100.0 100.0 100.0

17. 625 17.875 17.500 95.0 96.4 94.320.385 20. 635 20.260 95.6 96.8 95.019. 448 19.890 19.760 94.3 96.5 95.821.000 18.000 17.438 99.3 85.1 82.488.000 90.000 90.000 92.8 94.9 94.933.000 35.875 33.750 97.7 106.2 99.9

.029 .028 .028 100.0 96.6 96.6

.030 .028 .028 100.0 91.7 91.71.950 1.900 1.825 97.9 95.4 91.62.750 2.600 2.625 100.0 94.5 95.5

51.600 45.425 43.750 100.5 88.5 85.24.261 4.261 4.261 100.0 100.0 100.01.900 1.800 1.800 100.0 94.7 94.7

35.000 33.000 33.000 100.0 94.3 94.32.000 1.813 1.800 100.2 90.8 90.2.019 .018 .018 101.1 95.7 95.7

43.000 43.000 43.000 100.0 100.0 100.014.188 12.000 12.063 105.2 88.9 89.5

.031 .032 .032 96.8 99.4 99.41.950 1.850 1.775 99.6 94.5 90.6

11.700 11.700 11.475 100.0 100.0 98.15.500 5.500 5.500 100.0 100.0 100.03.400 3.250 3.275 100.0 95.6 96.33.100 3.000 3.000 100.0 96.8 96.82.650 2.513 2.550 100.0 94.8 96.2

20.030 20.030 20.030 100.0 100. C 100.0.270 .254 .254 100.1 94.1 94.1.140 .123 .120 88.0 77.4 75.0.189 .177 .177 99.6 92.9 92.9.139 .124 .125 100.8 89.7 90.4.215 .204 .203 99.5 94.5 94.0.162 .147 .147 99.9 90.6 90.6.086 .064 .063 101.4 76.3 74.7

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

REVISED INDEX NUMBERS OF WHOLESALE PRICES 27T a b le 4 .— Wholesale prices of commodities, July, 1926, and June and July,

1927— Continued

Commodity

Average prices Index numbers (1926=100)

July,1926

June,1927

July,.1927

July,1926

June,1927

July,1927

METALS AND METAL PRODUCTS—Continued

(5) Nonferrous metals—Continued.Lead pipe, per 100 pounds. New York_________ $9,990

.350$7,840 $7,735 100. 7 79.1 78.0

Nickel, ingot, per pound. New York__________ .350 .350 100.0 100.0 100.0Quicksilver, p«r pound, Naw York. _ ___ 1.203 1.570 1.617 98.1 128.1 131.9Silver, bar, firm, per ounce, Npw York r r . . . . . . . .651 .571 .567 104.3 91.4 90.8Tin, pig, straits, per pound, New York________ .630 .673 .639 96.5 103.0 97.8Zinc, sheet, per 100 pounds. La Salle, 111_______ 10.407 8.793 8.793 98.3 83.0 83.0Zinc, pig, slab, per pound, New York_________ .078 .066 .066 100.8 85.5 85.1

(c) Agricultural implements, factory:156.750 156.750 156.750 100.0 100.0 100.0

Cultivator, each_____________________________ 44.170 42.270 42.270 100.0 95.7 95.7Drill, grain, each____________________________ 91.670 90.720 90. 720 100.0 99.0 99.0

76.00016.720

76.000 76.000 100.0 100.0 100.0Harrow, each- -

Spike, peg tooth_________________________ 15.670 15.670 100.0 93.7 93.722.040 19.470 19.470 100.0 88.3 88.3

Loader, hay, each.._____ __________________ 85.260 84,31059.140

84,310 59.140

100.0 98.9 98.9Mower, hay, each_________ __________________ 59.140 100.0 100.0 100.0

325.000 325.000 325.000 100.0 100.0 100.0Planter, corn, each... ... ........ 57.710 57.710 57.710 100.0 100.0 100.0Plow, each—

Tractor_________________________________ 104.500 104.500 104.500 100.0 100.0 100.0"Walking, 1-horse (composite price) ___ 7.315 7.315 7.299 100.4 100.4 100.2Walking, 2-horse (composite price)............... 16.294 16.174 16.174 101.2 100.5 100.5

Rake, self dump, each_______________________ 32.060 30.400 30.400 100.0 94.8 94.8Rake, side delivery, each_____________________ 78.370 77.420 77.420 100.0 98.8 98.8Separator, cream, each.._____________________ 59.370 61.270 61.270 100.0 103.2 103.2Sheller, corn, each.__________________________ 26.600 26.600 26.600 100.0 100.0 100.0Spreader, manure, each______________________ 114.000 114.000 114.000 100.0 100.0 100.0Tractor, each______________________________ _ 680.000 680.000 680.000 100.0 100.0 100.0Wagon, 2-horse, each_______ _________________ 103.070 103.070 103.070 100.0 100.0 100.0

(d) Automobiles (composite price), f. o. b. factory:Buick, each_________________________________ 1,448.125

3,876.071 616.250

1,492.500 3,566.000 627.500

1,492.5003,566.000627.500

98.7 101.7 101.7Cadillac, each_______________________________ 108.9 92.0 92.0Chevrolet, each___________________ __________ 100.4 102.3 102.3Dodge, each, ___________ ________ _______ 883.636 890.000 895.417 99.9 100.6 101.2Ford, each. _________________________________ 453.000 453.000 453.000 106.4 106.4 106.4Packard, each_______________________________ 3 610000 3,547.1883.263.421 100.3 98.5 90.7

(e) Other machinery and tools:Sewing machines, each (composite price)—

Electric___________________ _____________ 77.550 82.080 82.080 100.0 105.8 105.8Treadle_________________________________ 49.120 50.840 50.840 100.0 103.5 103.5

Stove, each, factory (composite price)—Coal____________________________________ 61.943 61.616 61.616 98.5 98.0 98.0Gas............... - .............. .......... -__________ 62.924 63.409 63.409 100.0 100.8 100.8Oil...................................................... ............. 62.510 61.565 61. 565 100.4 98.9 98.9

BUILDING MATERIALS

(a) Lumber:Cypress, shop, per 1,000 feet, St. Louis_________ $48.750

16.970$43,75016.340

$43,750 16. 510

100.0 89.7 89.7Douglas fir, per 1,000 feet, mill—

No. 1................................................................ 103.0 99.1 100.2No. 2................................................................ 33.220 30.080 29.990 99.3 89.9 89.6

Gum, plain sap, per 1,000 feet, St. Louis.............Hemlock, northern, No. 1, per 1,000 feet, Chicago.Maple, hard, No. 1, per 1,000 feet, Chicago.........Oak, plain, white, No. 1, per 1,000 feet, Cincin­

nati______________________________________

53.00034.00055.00067.000

66.00034.000 51.50067.000

62.00034.000 51.50065.000

95.899.798.8

101.5

119.299.792.5

101.5

112.099.792.598.5

Pine, white, No. 2, per 1,000 feet, Buffalo______ 50.000 47.000 47.000 99.9 93.9 93.9Pine, yellow, per 1,000 feet, mill—

Flooring________________________________ 43.170 38.960 38.310 95.7 86.4 84.9Timbers_________________________________ 26.730 26.420 26.500 96.0 94.9 95.2

Poplar, No. 1, per 1,000 feet, Cincinnati________ 55.000 55.000 53.000 99.3 99.3 95.7Spruce, eastern, per 1,000 feet, Boston_________ 33.000 33.250 32.750 100.0 100.7 99.2Lath, No. 1, per 1,000—

Douglas fir, Chicago_____________________ 7.600 6.600 6.600 100.2 87.0 87.0Pine, yellow, *nni________________________ 4.840 3.280 3.280 97.6 66.1 66.1

Shingles, per 1,000, mill—Cypress_________________________________ 6.000 5.750 5.750 103.0 98.7 98.7Rea cedar...... ........................................ ........ 2.620 2.470 2.470 96.2 90.7 90.7

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

28 REVISED INDEX NUMBERS OF WHOLESALE PRICES

T a b l e 4.— Wholesale prices of commodities, July, 1926 and June and July,1927— Continued

Commodity

Average prices Index numbers (1926=100)

July,1926

June,1927

July,1927

July,1926

June,1927

July,1927

BUILDING MATERIALS—Continued

(6) Brick:Common, building, per 1,000, plant (composite

price)....... ........................................................Brick, front, per 1,000, New York__________ _Brick, sand lime, per 1,000, plant— ___________Paving blocks, 33 -inch, per 1,000, St. Louis____

(c) Cement, Portland, per barrel, plant (compositeprice)................................................ ..................

id) Structural steel. (See Metals and metal products.)(e) Paint materials:

Barytes, western, per ton, New York..................Bone black, powdered, per pound, New York___Copal gum, manila, per pound, mill....................Lampblack, velvet, per pound, New York.........Linseed oil, raw, per pound, New York..............Litharge, commercial, per pound, New York___Lithopone, domestic, per pound. New York___Putty, commercial, per pound, New York.........Red lead, dry, per pound, New York__..............Rosin, B grade, per barrel, New York.................Shellac, T. N., per pound, New York.................Turpentine, southern, per gallon, New York......White lead, in oil, per pound, New York............Zinc oxide, leaded grades, per pound, New York_

(f) Other building materials:Asphalt, bulk, per ton, refinery...........................Crushed stone, lK-inch, per cubic yard, New

York______________________________________Glass, plate, per square foot, New York—

3 to 5 square feet.............................................5 to 10 square feet............................................

Glass, window, per 50 square feet, works—Single A_ .........................................................Single B... .......................................................

Gravel, building, per ton, plant (composite price).Hollow tile, building, per block, Chicago.......... .Lime, building, per ton, plant (composite price) . Lime, hydrated, per ton, plant (composite price). Sand, building, per ton, plant (composite price). Slate, roofing, sea green, per 100 square feet,

quarry............................................................... .Copper, sheet. (See Metals and metal prod­

ucts.)Copper wire. (See Metals and metal prod­

ucts.)Nails, wire. (See Metals and metal products.) Pipe, cast iron. (See Metals and metal prod­

ucts.)Pipe, lead. (See Metals and metal products.) Pipe, black steel. (See Metals and metal prod­

ucts.)Reinforcing bars. (See Metals and metal prod­

ucts.)Terneplate. (See Metals and metal products.) Zinc, sheet. (See Metals and metal products.)

$13.880 60.600 11.600 42.5001.750

34.000 .055 .100 .120 .119 .112 .055 .040 .117

13.350 .270 .882 .153 .071

12.0001.750.400.480

3.9003.072.936.075

8.9679.955.623

14.000

$14,02941.50011.00042.6001.683

34.000 .055 .100 .120 .112 .090 .053 .060 .100

9.925.493.570.141.066

12.000

.320

.4003.600 3.135 .907 .076

8.754 9.753 .586

14.000

$13.98841.500 11.00042.5001.683

31.900.055.100.120.106.089.053.060.099

9.738.572.559.138.066

12.0001.840.320.400

3.600 3.135 .907 .076

8.764 9. 743 .595

14.000

99.8103.3 99.7

100.0100.4

100.0100.096.3

100.0106.599.7

100.4 100.099.7

107.578.794.8

100.297.0

100.098.7

100.4100.4100.098.899.695.899.799.798.1

100.0

100.884.995.3

100.0

96.5

100.0100.096.3

100.0100.4 80.195.8

150.085.379.9

143.561.3 92.890.2

100.0103.880.383.692.3

100.8 96.597.197.497.792.2

100.0

100.584.995.3

100.0

96.5

93.8 100.096.3

100.095.479.395.8

150.084.478.4

166.7 60.1 90.390.2

100.0

103.880.3 83.692.3

100.896.5 97.197.697.693.7

100.0

CHEMICALS AND DRUGS

(a) Chemicals:Acids, per pound—

Acetic, 28 per cent, New York.......................Boric, New York.............................................Carbonic, New York.......................................Muriatic, 20°, works.......................................Nitric, 42°, New York....................................Oleic, distilled. New Y ork -..........................Salicylic, U. S. P., per pound, New York.—Stearic, triple pressed, New York.............Sulphuric, 66°, New York.........................

$0,033 $0,034 $0,034 99.7 103.7 103.7.090 .083 .083 101.6 93.1 93.1.060 .060 .060 100.0 100.0 100.0.010 .010 .010 102.2 102.2 108.6.065 .065 .065 101.4 101.4 101.4.090 .088 .088 97.1 94.4 94.4.300 .400 .400 87.6 116.9 116.9.165 .133 .133 101.4 81.4 81.4.008 .008 .008 102.7 102.7 102.7

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

REVISED INDEX NUMBERS OF WHOLESALE PRICES 29T a b l e 4 .— Wholesale prices of commodities, July, 1926, and June and July,

1927— Continued

Commodity

Average prices Index numbers (1926=100)

July,1926

June,1927

July,1927

July,1926

June,1927

July,1927

CHEMICALS AND DRUGS—Continued

(a) Chemicals—Continued.Alcohol, per gallon, New Y o rk -

Denatured........................................................Wood, refined............ .....................................

Aluminum sulphate, commercial, per 100pounds. New York.............................................

Ammonia, anhydrous, per pound, New Y ork ...Analin oil, per pound, New York........................Benzene, pure, per gallon, works.........................Bleaching powder, per 100 pounds, works...........Borax, crystals, per pound, New York................Calcium arsenate, per pound, New York............Calcium chloride, 73-75 per cent, per ton, New

York....................................................................Caustic potash, 88-92 per cent, per pound, New

York....................................................................Coal-tar colors, per pound, New Y o rk -

Black, direct....................................................Brown, sulphur...............................................Indigo, paste....................................................Jet, nigrosine.

Copperas, per ton, works.Copper sulphate, per pound, New York.. Copra. (S ee" ’. xSee Foods.)Creosote oil, grade 1, per gallon, works..............Formaldehyde, per pound, New York...............Lime, acetate, per 100 pounds, New York......... .Naphthalene, flake, per pound. New York.......Sal soda, per 100 pounds, New York..................Salt cake, ground, per ton, works.......................Soda ash, light, 58 per cent, per 100 pounds, New

York..................................................................Soda, bicarbonate, per pound, works.................Soda, caustic, per pound, New York.................Sodium silicate, 40°, per 100 pounds, works.......Sulphur, crude, per ton, mines........................... .Tallow, packer’s prime, per pound, Chicago------Toluene, pure, per gallon, works Vegetable oils—

Coconut. (See Foods.)Com. (See Foods.)Palm, niger, per pound, New York...............Palm kernel, crude, per pound, . New York— Soya bean. (See Foods.)

White arsenic, powdered, per pound, New York.(6) Drugs and pharmaceuticals:

Acid, citric, domestic, crystals, per pound, NewYork..................................................................

Acid, tartaric, crystals, per pound, New York...Alcohol, grain, per gallon, New York..................Camphor, Japanese, refined, slabs, per pound,

New York.... ............................................... .....Castor oil, medicinal, per pound, New York-----Cream of tartar, powdered, per pound, New York Epsom salts, U. S. P., per 100 pounds, New York. Glycerine, chemically pure, per pound, New

York................................................................. .Menthol, imported, per pound, New York.........Opium, U. S. P., per pound, New York.............Peroxide of hydrogen, U. S. P., per gross 4 oz.

bottles, New York.............................................Phenol, U. S. P., per pound, New York.............Quinine, sulphate, domestic, per ounce, New

York...................................................................Soda phosphate, commercial, per pound, NewZinc chloride, granular, per pound, New York___

(c) Fertilizer materials:Acid phosphate, per ton, Baltimore...................Bones, ground, per ton, Chicago...... ..................Kainit, 12.4 per cent, per ton, New York..........Manure salts, 20 per cent, per ton, New York___Muriate of potash, 80-85 per cent, per ton, New

York.................................................................. .

$0,339.562

$0,500.660

$0.512 .660

92.388.6

136.2104.1

139.5104.1

1.400.130.160.250

2.000.050.075

1.400.113.150.230

2.000.043.075

1.400.115.150.230

2.000.043.075

100.099.097.4

103.3100.0102.9102.6

100.085.791.4 95.1

100.087.4

102.6

100.087.691.4 95.1

100.087.4

102.621.000 26.000 26.000 100.0 123.8 123.8

.071 .075 .075 100.0 105.2 105.2

.340

.200

.140

.46012.000

.049

.400

.240

.140

.40013.000

.049

.400

.240

.140

.40013.000

.049

98.8 94.2

100.0 100.9 96.6

103.6

116.2113.0100.0 87.8

104.6104.3

116.2113.0100.0 87.8

104.6105.1

.140

.090 3.250 .054

1.020 20.000

.160

.0993.500.045.900

18.000

.160

.0953.500.045.900

18.000

99.493.2 99.197.3

100.8 100.0

113.6 102.9 106. 7 81.889.090.0

113.6 98.3

106.7 81.889.090.0

2.290.019.038.800

19.000.086.350

2.290.019.038.750

18.000.079.350

2.290.019.038.750

18.000.078.350

100.0100.0100.0102.6104.398.4

100.0

100.0100.0100.096.298.890.6

100.0

100.0100.0100.096.298.889.4

100.0

.083

.104.069.089

.068

.089103.0104.2

86.389.3

85.389.5

.035 .038 .038 100.0 107.1 107.1

.445

.2954.855

.445

.3603.750

.445

.3703.750

99.5100.6100.0

99.5122.877.2

99.5126.277.2

.726

.123

.2102.500

.643

.130

.2702.350

.644

.126

.2782.250

98.1 97.4

* 98.3 101.1

86.8102.9126.395.0

87.099.7

129.990.9

.3044.540

12.000

.2534.250

12.000

.2424.320

12.000

110.489.0

100.091.783.3

100.0

87.984.7

100.07.750.190

7.750.160

7.750.160

100.596.5

100.581.3

100.581.3

.400 .400 .400 92.9 92.9 92.9

.033

.064.033.064

.033

.064100.098.6

100.098.6

100.098.6

9.600 28.200 8.250

11.850

8.250 28.000 9.000

12.400

8.500 28.000 9.000

12.400

100.8106.399.5

100.6

86.0105.6108.5105.2

88.6105.6108.5105.2

34.900 36.400 36.400 99.4 103.6 103.6

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

30 REVISED INDEX NUMBERS OF WHOLESALE PRICES

T a b l e 4.— Wholesale prices of commodities, July, 1926, and June and July,1927— Continued

Commodity

Average prices Index numbers (1926=100)

July,1926

June,1927

July,1927

July,1926

June,1927

July,1927

CHEMICALS AND DRUGS—Continued

(c) Fertilizer materials—Continued.Nitrate of soda, 95 per cent, per 100 pounds, New

York.................................................................. .Phosphate rock, Florida land pebble, per ton,

mines................................................................ .Sulphate of ammonia, per 100 pounds, New York. Sulphate of potash, 90-95 per cent, per ton, NewTankage, per ton, Chicago...................................

(d) Fertilizers, mixed, per ton (composite price):New England..................................................... .Middle West.................................. ....................South Central and Southwest_______________Middle Atlantic............ ......... .........................South Atlantic, 8-3-3....... .......................... .........South Atlantic, other____________ __________ _

$2.390 $2.713 $2,390 93.7 106.4 93.73.150 3.000 3.000 100.3 95.5 95.52.520 2.300 2.300 95.9 87.5 87.5

45.850 47.300 47.300 99.5 102.7 102.738.900 35.750 36.650 112.4 103.3 105.938. 771 35.592 35.698 100.0 91.8 92.127.817 25. 738 25.287- 100.0 92.5 90.927.922 20. 498 20. 372 100.0 73.4 73.032. 497 27. 980 29.105 100.0 86.1 89.623.200 20.400 21.400 100.0 87.9 92.229.915 24. 510 24. 510 100.0 81.9 81.9

HOUSE-FURNISHING GOODS

(а) Furniture:2Bedroom, average price, factory—

Bed, each............................................... .....Chairs, each................................................Dresser, etc., each............................ ..........Rocker, each................................... __........

Dining room, average price, factory—Buffet, each................................. ..............Chairs, set of six...... ..................................Table, each ...___________ ____________

Kitchen, average price, factory—Cabinet, each.............................................Chairs, per dozen.... .................................Refrigerator, each.......................... ...........Table, each ................................... ...........

Living room, average price, factory—Chair, each................ ...................... ........Davenport, each ........................... .............Table, each..................................... ..........

(б) Furnishings:Blankets, cotton. (See Textile products.) Blankets, wool. (See Textile products.)Carpets, per yard, factory—

Axminster..... ..............................................Brussels.......................................................Wilton.........................................................

Cutlery, factory—Carvers, per pair........................................Knives and forks, per gross................. .

Pails, galvanized iron, per gross, factory________Sheeting, Pepperell, 10/4. (See Textile prod­

ucts.)Sheeting, Wamsutta, 10/4. (See Textile prod­

ucts.)Tableware, factory—

Dinner sets, per set—100 piece, semivitreous........................... .104-p ece, vitreous...................................

Nappies, glass, 4-inch, common, per dozen___Pitchers, glass, 3^-gallon, common, per dozen.Tumblers, } i pint, common, per dozen..........Plates, white granite, per dozen................... .Tea cups and saucers, white granite, per

dozen........................................................... .Ticking, Amoskeag. (See Textile products.)Tubs, galvanized iron, per dozen, factory.......... .Sewing machines, factory. (See Metals and

metal products.)Stoves, factory—

Coal. (See Metals and metal products.) Gas. (See Metals and metal products.)Oil. (See Metals and metal products.)

$3.120 3.072 5.0881.350

12.500 20.700

19.860 45.700

.200 2.250

1.2606.375

$3.120 2.976 48001.350

12.500 21.050

19.860 45.700

.200 2.100 .160

1.260 6.475

$3.120 2.976 4.8001.350

12.500 21.050

19.860 45.700

.200 2.100 .160

1.2606.475

100.0100.3100.3100.0100.094.5

100.0100.0100.0105.198.2

100.0

.100.097.3

100.097.294.6

100.0100.096.1

100.0100.0100.098.187.3

100.0

100.0

98.9

100.097.294.6

100.0100.096.1

100.0100.0100.098.187.3

100.0100.0

3 No comparable month to month prices for individual items.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

REVISED INDEX NUMBERS OF WHOLESALE PRICES 31T a b l e 4 .— Wholesale prices of commodities, July, 1926, and June and July,

1927— Continued

Commodity

Average prices Index numbers (1926=100)

July,1926

June,1927

July,1927

July,1926

June,1927

July,1927

MISCELLANEOUS

(a) Cattle feed:Bran, per ton, Minneapolis...............................Cottonseed meal, prime, per ton, Memphis-----Linseed meal, per ton, New York......................Middlings, standard, per ton, Minneapolis.......

(&) Paper and pulp:Box board, per ton, mill—

Chip...............................................................Manila lined chip..........................................85-pound test liner.........................................

Paper—Newsprint, rolls, contract, per 100 pounds,Wrapping, manila, No. 1, jute, per 100

pounds, New York.------------------------------Wood pulp—

Mechanical, No. 1, domestic, per ton, mill. Sulphite, domestic, unbleached, news

grade, per 100 pounds, New Y ork--.........(c) Rubber, crude, per pound, New York:

Para Island, fine............... - ----- ------------a_____Plantation, ribbed, smoked sheets.... ............. ...

(<2) Automobile tires, factory (composite price):Balloon...........................................................Cord...............................................................Fabric............................................................

(e) Other miscellaneous:Cylinder oil, per gallon, refinery—

Oklahoma- ....................................................Pennsylvania.................................................

Neutral oil, per gallon, refinery—Gulf Coast.. ..................................................Pennsylvania.................................................

Soap, laundry, per 100 cakes—Cincinnati.............. ......................................Philadelphia.................................................

Starch, laundry, per pound, New Y ork-............Tobacco—

Plug, per pound, New Y ork ................ ........Smoking, per gross 1-ounce bags, New York.

$22,094 31.250 46.000 23.031

$26,18836.75046.750 28.938

$24,875 32.750 46.700 31.500

95.7109.596.498.3

113.4 128.897.9

123.5

107.8114.797.8

134.4

36.234 46,134 57.420

41.184 51.084 64.350

41.18451.08464.350

92.994.393.7

105.6104.4105.0

105.6104.4105.0

3.450 3.250 3.250 100.0 94.2 94.2.114 .093 .093 103.2 83.9 83.3

30.875 28.500 28.500 100.2 92.5 92.52.950 2.600 2.600 103.0 90.7 90.7.335.416

.278

.371.255.352

88.285.5

73.076.2

67.172.2

17.63013.5548.610

14.04510.9487.199

14.04510.9486.815

96.496.797.9

76.8 78.281.8

76.8 78.277.9

.1800).130.285

.170

.253.170.250

100.0 94.495.6

94.494.6

.115

.344.109.340

101.1101.9

89.4122.9

84.6121.5

4.5834.851.058

4.1804.851.058

4.1804.851.058

102.6100.098.6

93.5 100.098.6

93.5 100.098.6

.6968.320

.6968.320

.6968.320

180.0100.0

100.0100.0

100.0100.0

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LIST OF BULLETINS OF THE BUREAU OF LABOR STATISTICSThe following is a list of all bulletins of the Bureau of Labor Statistics published since

July, 1912, except that in the case of bulletins giving the results of periodic surveys of the bureau only the latest bulletin on any one subject is here listed.

A complete list o f the reports and bulletins issued prior to July, 1912, as well as the bulle­tins published since that date, will be furnished on application. Bulletins marked thus (*) are out of print.

Conciliation and Arbitration (including strikes and lockouts).*No. 124. Conciliation and arbitration in the building trades of Greater New York. [1913.]♦No. 133. Report of the industrial council of the British Board of Trade on its inquiry into industrial

agreements. [1913.]♦No. 139. Michigan copper district strike. [1914.]No. 144. Industrial court of the cloak, suit, and skirt industry of New York City. [1914.]No. 145. Conciliation, arbitration, and sanitation in the dress and waist industry of New York City.

[1914.]♦No. 191. Collective bargaining in the anthracite coal industry. [1916.]♦No. 198. Collective agreements in the men's clothing industry. [1916.]No. 233. Operation of the industrial disputes investigation act of Canada. [1918.]No. 255. Joint industrial councils in Great Britain. [1919.]No. 283. History of the Shipbuilding Labor Adjustment Board, 1917 to 1919.No. 287. National War Labor Board: History of its formation, activities, etc. [1921.]No. 303. Use of Federal power in settlement of railway labor disputes. [1922.]No. 341. Trade agreement in the silk-ribbon industry of New York City. [1923.]No. 402. Collective bargaining by actors. [1926.]No. 419. Trade agreements, 1925.

Cooperation.No. 313. Consumers’ cooperative societies in the United States in 1920.No. 314. Cooperative credit societies in America and in foreign countries. [1922.]No. 437. Cooperative movement in the United States in 1925 (other than agricultural).

Employment and Unemployment.♦No. 109. Statistics of unemployment and the work of employment offices in the United States. [1913.] No. 172. Unemployment in New York City, N. Y. [1915.]

♦No. 183. Regularity of employment in the women’s ready-to-wear garment industries. [1915.]♦No. 195. Unemployment in the United States. [1916.]No. 196. Proceedings of the Employment Managers’ Conference held at Minneapolis, Minn., January,

1916.♦No. 202. Proceedings of the conference of Employment Managers’ Association, Boston, Mass., held

May 10,1916.No. 206. The British system of labor exchanges. [1916.]

♦No. 227. Proceedings of the Employment Managers’ Conference, Philadelphia, Pa., April 2 and 3,1917.

No. 235. Employment system of the Lake Carriers’ Association. [1918.]♦No. 241. Public employment offices in the United States. [1918.]No. 247. Proceedings of Employment Managers’ Conference, Rochester, N. Y., May 9-11,1918.No. 310. Industrial unemployment: A statistical study of its extent and causes. [1922.]No. 409. Unemployment in Columbus, Ohio, 1921 to 1925.

Foreign Labor Laws.♦No. 142. Administration of labor laws and factory inspection in certain European countries. [1914.]

Housing.♦No. 158. Government aid to home owning and housing of working people in foreign countries. [1914.] No. 263. Housing by employers in the United States. [1920.]No. 295. Building operations in representative cities in 1920.No. 368. Building permits in the principal cities of the United States in 11921 to] 1923.No. 424. Building permits in the principal cities of the United States [1924 and] 1925.No. 449. Building permits in the principal cities of the United States in 1926. (In press.)

Industrial Accidents and Hygiene.♦No. 104. Lead poisoning in potteries, tile works, and porcelain-enameled sanitary ware factories.

[1912.]No. 120. Hygiene of the painters’ trade. [1913.]

♦No. 127. Dangers to workers from dusts and fumes, and methods of protection. [1913.]♦No. 141. Lead poisoning in the smelting and refining of lead. [1914. j ♦No. 157. Industrial accident statistics. [1915.]♦No. 165. Lead poisoning in the manufacture of storage batteries. [1914.]♦No. 179. Industrial poisons used in the rubber industry. [1915.]No. 188. Report of British departmental committee on the danger in the use of lead in the painting

of buildings. [1916.]♦No. 201. Report of committee on statistics and compensation-insurance cost of the International

Association of Industrial Accident Boards and Commissions. [1916.]♦No. 207. Causes of death by occupation. [1917.1 ♦No. 209. Hygiene of the printing trades. [1917.]No. 219. Industrial poisons used or produced in the manufacture of explosives. [1917.]No. 221. Hours, fatigue, and health in British munition factories. [1917.]No. 230. Industrial efficiency and fatigue in British munition factories. [1917.]

♦No. 231. Mortality from respiratory diseases in dusty trades (inorganic dusts). [1918.]

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Industrial Accidents and Hygiene—Continued.No. 234. Safety movement in the iron and steel industry, 1907 to 1917.

♦No. 236. Effect of the air hammer on the hands of stonecutters. [1918.]No. 249. Industrial health and efficiency. Final report of British Health of Munition Workers

Committee. [1919.]*No. 251. Preventable death in the cotton-manufacturing industry. [1919.]No. 256. Accidents and accident prevention in machine building. [1919.]No. 267. Anthrax as an occupational disease. [1920.]No. 276. Standardization of industrial-accident statistics. [1920.]No. 280. Industrial poisoning in making coal-tar dyes and dye intermediates. [1921.]No. 291. Carbon-monoxide poisoning. [1921.]No. 293. The problem of dust phthisis in the granite-stone industry. [1922.]No. 298. Causes and prevention of accidents in the iron and steel industry, 1910 to 1919.No. 306. Occupational hazards and diagnostic signs: A guide to impairments to be looked for in

hazardous occupations. [1922.]No. 339. Statistics of industrial accidents in the United States. [1923.]No. 392. Survey of hygienic conditions in the printing trades. [1925.]No. 405. Phosphorus necrosis in the manufacture of fireworks and the preparation of phosphorus.

[1926.]No. 425. Record of industrial accidents in the United States to 1925.No. 426. Deaths from lead poisoning. [1926.]No. 427. Health survey of the printing trades, 1922 to 1925.No. 428. Proceedings of the “Industrial Accident Prevention Conference, held at Washington, D. C.,

July 14-16,1926.Industrial Relations and Labor Conditions.

No. 237. Industrial unrest in Great Britain. [1917.]No. 340. Chinese migration, with special reference to labor conditions. [1923.]No. 349. Industrial relations in the West Coast lumber industry. [1923.JNo. 361. Labor relations in the Fairmount (W. Va.) bituminous coal field. [1921.No. 380. Postwar labor conditions in Germany. [1925.]No. 383. Works council movement in Germany. [1925.]No. 384. Labor conditions in the shoe industry in Massachusetts, 1920 to 1924.No. 399. Labor relations in the lace and lace-curtain industries in the United States. [1925.]

Labor Laws of the United States (including decisions of courts relating to labor).No. 211. Labor laws and their administration in the Pacific States. [1917.]No. 229. Wage-payment legislation in the United States. [1917.]No. 285. Minimum-wage legislation in the United States. [1921.1 No. 321. Labor laws that have been declared unconstitutional. [1922.]No. 322. Kansas Court of Industrial Relations. [1923.]No. 343. Laws providing for bureaus of labor statistics, etc. [1923.]No. 370. Laws of the United States, with decisions of courts relating thereto. [1925.]No. 408. Labor laws relating to the payment of wages. [1926.]No. 434. Labor legislation of 1926.No. 444. Decisions of courts and opinions affecting labor, 1926. (In press.)

Proceedings of Annual Conventions of the Association of Governmental Labor Officials of the United States and Canada.

No. 266. Seventh, Seattle, Wash., July 12-15, 1920.No. 307. Eighth, New Orleans, La., May 2-6,1921.

♦No. 323. Ninth, Harrisburg, Pa., May 22-26, 1922.No. 352. Tenth, Richmond, Va., May 1-4,1923.No. 889. Eleventh, Chicago, 111., May 19-23,1924.No. 411. Twelfth, Salt Lake City, Utah, August 13-15, 1925.No. 429. Thirteenth, Columbus, Ohio, June 7-10, 1926.

Proceedings of Annual Meetings of International Association of Industrial Accident Boards and Commissions.

No. 210. Third, Columbus, Ohio, April 25-28,1916.No. 248. Fourth, Boston, Mass., August 21-25,1917.No. 264. Fifth, Madison, Wis., September 24-27,1918.

♦No. 273. Sixth, Toronto, Canada, September 23-26,1919.No. 281. Seventh, San Francisco, Calif., September 20-24, 1920.No. 304. Eighth, Chicago, 111., September 19-23, 1921.No. 333. Ninth, Baltimore, Md., October 9-13,1922.No. 359. Tenth, St. Paul, Minn., September 24-26, 1923.No. 385. Eleventh, Halifax, Nova Scotia, August 26-28,1924.No. 395. Index to proceedings, 1914-1924.No. 406. Twelfth, Salt Lake City, Utah, August 17-20, 1925.No. 432. Thirteenth, Hartford, Conn., September 14-17, 1926.

Proceedings of Annual Meetings of International Association of Public Employment Services.No. 192. First, Chicago, December 19 and 20,1913; Second, Indianapolis, September 24 and 25,1914;

Third, Detroit, July 1 and 2,1915.No. 220. Fourth, Buffalo, N. Y., July 20 and 21,1916.No. 311. Ninth, Buffalo, N. Y ., September 7-9,1921.No. 337. Tenth, Washington, D. C., September 11-13, 1922.No. 355. Eleventh, Toronto, Canada, September 4-7, 1923.No. 400. Twelfth, Chicago, HI., May 19-23, 1924.No. 414. Thirteenth, Rochester, N. Y., September 15-17, 1925.

Productivity of Labor.No. 356. Productivity costs in the common-brick industry. [1924.]No. 360. Time and labor costs in manufacturing 100 pairs of shoes. [1924.]No. 407. Labor cost of production and wages and hours of labor in the paper box-board industry.

[1925.]No. 412. Wages, hours, and productivity in the pottery industry, 1925.No. 441. Productivity of labor in the glass industry. [1927.] (In press.)

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Retail Prices and Cost of Living.*No. 121. Sugar prices, from refiner to consumer. [1913.]♦No. 130. Wheat and flour prices, from farmer to consumer. [1913.]♦No. 164. Butter prices, from producer to consumer. [1914.]No. 170. Foreign food prices as affected by the war. [1915.]No. 357. Cost of living in the United States. [1924.]No. 369. The use of cost-of-living figures in wage adjustments. [1925.No. 445. Retail prices, 1890 to 1926. (In press.)

Safety Codes.No. 331. Code of lighting factories, mills, and other work places.No. 336. Safety code for the protection of industrial workers in foundries.No. 350. Specifications of laboratory tests for approval of electric headlighting devices for motor

vehicles.No. 351. Safety code for the construction, care, and use of ladders.No. 364. Safety code for the mechanical power-transmission apparatus.No. 375. Safety code for laundry machinery and operation.No. 378. Safety code for woodworking plants.No. 382. Code of lighting school buildings.No. 410. Safety code f©r paper and pulp mills.No. 430. Safety code for power presses and foot and hand presses.No. 433. Safety codes for the prevention of dust explosions.No. 436. Safety code for the use, care, and protection of abrasive wheels.No. 447. Safety code for rubber mills and calenders. (In press.)No. 451. Safety code for forging and hot-metal stamping. (In press.)

Vocational and Workers9 Education.♦No. 159. Short-unit courses for wage earners, and a factory school experiment. [1915.]♦No. 162. Vocational education survey of Richmond, Va. [1915.]No. 199. Vocational education survey of Minneapolis, Minn. [1916.]No. 271. Adult working-class education in Great Britain and the United States. [1920.]

Wages and Hours of Labor.♦No. 146. Wages and regularity of employment and standardization of piece rates in the dress and

waist industry of New York City. [1914.]♦No. 147. Wages and regularity of employment in the cloak, suit, and skirt industry. [1914.]No. 161. Wages and hours of labor in the clothing and cigar industries, 1911 to 1913.No. 163. Wages and hours of labor in the building and repairing of steam-railroad cars, 1907 to 1913.

♦No. 190. Wages and hours of labor in the cotton, woolen, and silk industries, 1907 to 1914.No. 204. Street-railway employment in the United States. [1917.]No. 225. Wages and hours of labor in the lumber, millwork, and furniture industries, 1915.No. 265. Industrial survey in selected industries in the United States, 1919.No. 297. Wages and hours of labor in the petroleum industry, 1920.No. 348. Wages and hours of labor in the automobile industry, 1922.No. 356. Productivity costs in the common-brick industry. [1924.]No. 358. Wages and hours of labor in the automobile-tire industry, 1923.No. 360. Time and labor costs in manufacturing 100 pairs of shoes. [1924.]No. 365. Wages and hours of labor in the paper and pulp industry, 1923.No. 374. Wages and hours of labor in the boot and shoe industry, 1907 to 1924.No. 376. Wages and hours of labor in the hosiery and underwear industry, 1907 to 1924.No. 394. Wages and hours of labor in metalliferous mines, 1924.No. 407. Labor cost of production, and wages and hours of labor in the paper box-board industry.

[1925.]No. 412. Wages, hours, and productivity in the pottery industry, 1925.No. 413. Wages and hours of labor in the lumber industry in the United States, 1925.No. 416. Hours and earnings in anthracite and bituminous coal mining, 1922 and 1924.No. 421. Wages and hours of labor in the slaughtering and meat-packing industry, 1925.No. 422. Wages and hours of labor in foundries and machine shops, 1925.No. 431. Union scale of wages and hours of labor, May 15,1926.No. 435. Wages and hours of labor in the men’s clothing industry, 1911 to 1926.No. 438. Wages and hours of labor in the motor-vehicle industry, 1925.No. 442. Wages and hours of labor in the iron and steel industry, 1907 to 1925.No. 443. Wages and hours of labor in woolen and worsted goods manufacturing, 1910 to 1926.No. 446. Wages and hours of labor in cotton goods manufacturing, 1910 to 1926.No. 450. Wages and hours of labor in the boot and shoe industry, 1907 to 1926. (In press.)No. 452. Wages and hours of labor in the hosiery and underwear industries, 1907 to 1926. (In press.)

Welfare Work.♦No. 123. Employers’ welfare work. [1913.]

No. 222. Welfare work in British munition factories. [1917.]♦No. 250. Welfare work for employees in industrial establishments in the United States. [1919.]

Wholesale Prices.No. 284. Index numbers of wholesale prices in the United States and foreign countries. [1921.]No. 440. Wholesale prices, 1890 to 1926.

Women and Children in Industry.No. 116. Hours, earnings, and duration of employment of wage-earning women in selected industries

in the District of Columbia. [1913.]*No. 117. Prohibition of night work of young persons. [1913.]♦No. 118. Ten-hour maximum working-day for women and young persons. [1913.]♦No. 119. Working hours of women in the pea canneries of Wisconsin. [1913.]♦No. 122. Employment of women in power laundries in Milwaukee. [1913.]No. 160. Hours, earnings, and conditions of labor of women in Indiana mercantile establishments and

garment factories. [1914.]♦No. 167. Minimum wage legislation in the United States and foreign countries. T1915.]♦No. 175. Summary of the report on conditions of woman and child wage earners in the United States.

[1915.]♦No. 176. Effect of minimum-wage determinations in Oregon. [1915.]

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W omen and Children in Industry—Continued.*No. 180. The boot and shoe industry in Massachusetts as a vocation for women. [1915.]♦No. 182. Unemployment among women in department and other retail stores of Boston, Mass.

[1916.]No. 193. Dressmaking as a trade for women in Massachusetts. [1916.]No. 215. Industrial experience of trade-school girls in Massachusetts. [1917.]

*No. 217. Effect of workmen’s compensation laws in diminishing the necessity of industrial employ­ment of women and children. [1918.]

No. 223. Employment of women and juveniles in Great Britain during the war. [1917.]No. 253. Women in lead industries. [1919.]

Workmen’s Insurance and Compensation (including laws relating thereto).*No. 101. Care of tuberculous wage earners in Germany. [1912.]*No. 102. British national insurance act. [1911.]*No. 103. Sickness and accident insurance law of Switzerland. [1912.]No. 107. Law relating to insurance of salaried employees in Germany. [1913.]

*No. 155. Compensation for accidents to employees of the United States. [1914.]No. 212. Proceedings of the conference on social insurance called by the International Association of

Industrial Accident Boards and Commissions, Washington, D. C., December 5-9,1916. No. 243. Workmen’s compensation legislation in the United States and foreign countries, 1917 and 1918. No. 301. Comparison of workmen’s compensation insurance and administration. [1922.]No. 312. National health insurance in Great Britain, 1911 to 1920.No. 379. Comparison of workmen’s compensation laws of the United States as of January 1,1925.No. 423. Workmen’s compensation legislation of the United States and Canada. [1926.]

Miscellaneous Series."“No. 174. Subject index of the publications of the United States Bureau of Labor Statistics up to

May 1,1915.No. 208. Profit sharing in the United States. [1916.]No. 242. Food situation in central Europe, 1917.No. 254. International labor legislation and the society of nations. [1919.]No. 268. Historical survey of international action affecting labor. [1920.]No. 282. Mutual relief associations among Government employees m Washington, D. C. [1921.]No. 299. Personnel research agencies: A guide to organized research in employment management,

industrial relations, training, and working conditions. [1921. ]No. 319. The Bureau of Labor Statistics: Its history, activities, and organization. [1922.]No. 326. Methods of procuring and computing statistical information of the Bureau of Labor Statistics.

[1923.]No. 342. International Seamen’s Union of America: A study of its history and problems. [1923.] No. 346. Humanity in government. [1923.]No. 372. Convict labor in 1923.No. 386. The cost of American almshouses. [1925.]No. 398. Growth of legal-aid work in the United States. [1926.]No. 401. Family allowances in foreign countries. [1926.]No. 420. Handbook of American trade-unions. [1926.]No. 439. Handbook of labor statistics, 1924-1926.No. 448. Trade agreements, 1926.

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