bls_1143_1953.pdf

WHOLESALE PRICES, 1951 and 1952

Bulletin No. 1143UNITED STATES DEPARTMENT OF LABOR

MARTIN P. DURKIN, SecretaryBUREAU OF LABOR STATISTICS

EWAN CLAGUE, Commissioner

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

WHOLESALE PRICES, 1951 and 1952

Bulletin No. 1143UNITED STATES DEPARTMENT OF LABOR

MARTIN P. DURKIN, S ecretaryBUREAU OF LABOR STATISTICS

EWAN CL AGUE, Commissioner

FOR SALE BY THE SUPERINTENDENT OF DOCUMENTS, U. S. GOVERNMENT PRINTING OFFICE WASHINGTON 25, D. C. - PRICE 30 CENTS


LETTER OF TRANSMITTAL

United States Department of Labor,Bureau of Labor Statistics,

Washington, D. G. , June 1953.

The Secre ta ry of Labor:

I have the honor to transm it herewith a report on p rim ary m arket p rices during the years 1951 and 1952. This bulletin presents a record of each of the p rim ary m arket price indexes published in 1951 and 1952. The data are f irs t re leased in the regular monthly reports of the Bureau; these reports are available upon request.

The original plan of publication involved separate b u lletins covering p rim ary m arket p rices for 1951 and 1952. In order to make more data available to the public as soon as possible, the 2 years were combined. Detailed records of individual price movements during 1952 are not contained in this bulletin, but are available in the regular monthly reports of the Bureau.

This bulletin was prepared in the P rices and Cost of Living Division, the text by M ary H. K irsten and the tables under the direction of Barbara M. F rye .

EWAN CLAGUE, Com m issioner.

Hon. MARTIN P. DURKIN,Secre ta ry of Labor.

i i


CONTENTS

Page

Raw m a te r ia ls ................................................................................................................................. 2Farm products......................................................................................................................... 2Other raw m a te r ia ls ............................................................ 2

Semimanufactured products......................................................................................................... 3

Manufactured p ro d u cts................................................................................................................. 3Processed foods............................................................................................ 3Apparel and leather products............................................................................................. 4P ro d u cers goods................................................................................................................... 4Building m a te ria ls ............... 4Fuel, power and lighting m a te r ia ls ................................................................................. 4Durable consumer goods.............................................................. 5

Daily index of spot m arket p ric e s ............................................................................................. 5, 7

Consumer p ric e s ............................................................................................................................. 5

Tables

1. Daily index of spot m arket p rices, 1952 (1947-49= 100)............ 8

2. P rim ary m arket p rice--index numbers by groups, subgroups, and productc la sses , by months, 1952 ....................................................................................................... 10

Appendix Tables

A. Daily index of spot m arket p rices of 28 commodities, 1951 (Aug. 1939=100)...... 15

B. Weekly wholesale price index by group of commodities, 1951 (1926=100).............. 15

C. Special weekly index of p rim ary m arket prices for petroleum and products,1951 (1947= 100)......................................................................................................................... 16

D. P rim ary m arket p rices, annual indexes, and re la tive importance of individualcommodities, 1 9 5 1 ......................................................................... 18

E. Special monthly index of p rim ary m arket prices for petroleum and products,1951 (1947= 100)......................................................................................................................... 54

F. Annual index numbers of p rim ary m arket p rices, by group and subgroup ofcommodities, 1939, 1941, 1945-51 (1926=100)................................................................ 55

Sum m ary of p rice developm ents, 1951 and 1952 ................................................................... 1

i i i


W HOLESALE PRICES, 1951 and 1952

SUMMARY OF PRICE DEVELOPMENTS IN 1951 AND 1952

Beginning with the data fo r January 1952, the official m easure of changes in p rim ary m arket prices (the W holesale P rice Index) was revised and put on the base 1947-1949= 100. Data for 1951 are based on the fo rm er index (1926=100). A complete description of the fo rm er index was contained in Bulletin 1083, Wholesale P ric es , 1950; a description of the revised index was published in the Monthly Labor Review fo r F ebruary 1952 and has been r e printed as S eria l No. R 2067. Inform ation concerning the relationship between the fo rm er and the revised indexes or assistance in shifting from one to the other can be obtained from the Bureau upon request.

A fter World War II, durable consumer goods were purchased at an abnorm ally high rata, and the buying pace was stepped up even more following the Korean invasion. P ro cesso rs at a ll leve ls of production built up inventories at the same time that the defense program expanded. These fa c to rs exerted an upward p ressu re on prices.

The increase in p rim ary m arket p rices in the f i rs t part of 1951 was a continuation of the upward movement which started late in 1949 or ea rly 1950, picked up momentum after the outbreak of hostilities in Korea in June 1950, and received additional impetus at the end of 1950 with the Chinese intervention in Korea.

P rim ary m arket (wholesale) p rices, on the average, moved to a new alltim e peak in February and March 1951 and then declined during the rem ainder of the year. The average fo r the all-com m odities index in 1951 was 114 .8 percent of the 1947-49 base, the highest annual a v e r age on record in the Bureau of Labor Statistics.

Several fac to rs, however, stemmed the further rise in p rices . Production also

increased a fter the outbreak of Korean h ostilities. In 1951, total output of goods and services was nearly 10 percent higher than in 1950 and about 5 percent higher than in 1944, the previous alltim e peak. Several other factors contributed to the issuance of price control regulations, price resistance and slackened consumer purchasing, tightened consumer credit, a decline in speculative activity, the withdrawal of Government agencies from many m arkets, the easing of world commodity p rices, and growing inventories. As a resu lt, p rim ary m arket p rices drifted steadily downward from A pril through September 1951. A fter a slight rise in October, the decline resum ed. By December 1951, the all-com m odities index had dropped 3.4 percent from the 1951 high.

The year 1952 was one of gradual re la x a tion of price controls. As the Korean em ergency exerted less strain on the national economy, the Office of P rice Stabilization in the spring of 1952 began suspending price ceilings for various commodities which were in ample supply and the prices of which w ere below ceilings. These included some processed fru its and vegetables; some fats and oils; hides; some fib ers and textile products; apparel; and some household durable goods. Severa l reductions in the price of natural crude rubber were announced in 1952 by the General Services Adm inistration, which eased its control in the summer to perm it private trading and importation of crude rubber. The Office of P rice Stabilization also authorized price increases during the year for some com m odities, especially pig iron, steel, p rim ary aluminum and products, and manganese m etal and products.

The decrease in p rim ary m arket p rices in 1952 was steady, except fo r slight increases in July and August. However, despite this gradual price decline--2 .8 percent from 19 5 1 --the 1952 average of the all-com m odities index (111.6) was still 12.5 percent above the average of 1949, a year of some recession in p rices and economic activity generally, and the last full year before the Korean in vasion.

1


The principal exception to the 1951-52 decline was in the prices of m etals and products manufactured from m etals, such as m achinery and motor vehicles. P rices of these commodities, which are of p a rticu lar importance to the defense program , generally had been rising steadily since the end of World War II, and continued to advance in the la tte r part of 1951 and in 1952, when most other prices w ere declining.

RAW MATERIALS1 Farm Products

Lower prices for farm products were an important factor bringing about the downward movement of the all-com m oditie s index. In 1951, farm products dropped 7 percent from March (alltime peak) to Septem ber (1951 low), la rg e ly as a resu lt of favorable crop expectations. Actual h a rvests, however, were sm aller than expectations, and farm prices moved upward in the last quarter of the year. The decline resum ed in 1952, p articu larly in the last 5 months of the ye a r, when farm prices decreased steadily. The 1952 average for farm products was 6 percent below the previous year, a g reater decline than that recorded fo r processed foods, which fe ll only 2 percent, or for a ll commodities other than farm products and processed foods, which also fe ll 2 percent below the 1951 average.

The sharpest declines in farm prices in 1952 w ere for apparel wool, both domestic and foreign. World supplies of wool were generally short and prices were high at the time of the outbreak of hostilities in Korea. This event increased the demand for wool and ra ised prices still fu rther. In this country, apparel wool p rices reached their peak in the f i rs t quarter of 1951 and generally declined during the rem ainder of the ye a r. Apparel wool prices in 1952 averaged about 40 percent below 1951 leve ls . The 1952 averages were approxim ately the same as those for 1949 and slightly above those fo r 1948.

Raw cotton p rices, which also rose substantially in 1951, receded 7 percent in 1952.

1 The former classification of the index into the three categories of raw materials, semimanufactured products, and manufactured goods was discontinued as of December 1951. This discussion is in terms of broad groups of commodities, rather than specific index classifications.

N evertheless, they were m ore than 20 p e r cent above the 1949 average and more than 10 percent higher than the 1948 average.

The 1952 declines from 1951 leve ls were less drastic for livestock, poultry, and eggs than for plant and animal fib ers ; but the decline from pre-K orean leve ls was g reater for livestock products than for fib ers . With increased production of livestock, p rices in 1952 dropped 13 percent below the average for 1951, their peak y e a r. A ll kind of l iv e s to c k -s te e rs , cows, ca lves, hogs, and sheep--showed sizable price declines. On the average, this sharp break left livestock prices in 1952 only slightly below 1948, when they reached the highest point between the end of World War II and the start of the Korean inflationary period, and well above1949. Despite the decreases which occurred in 1952, p rices of livestock, as w ell as most other farm products, were considerably higher than during and im m ediately fo llow ing World War II.

In com parison with price leve ls in the pre-K orean years 1948 and 1949, p rices of poultry and eggs in 1952 showed the greatest decline among farm products. Live poultry prices dropped 5 percent from the previous year. Although only slightly below 1949, the 1952 average was about 20 percent below 1948, the peak year for live poultry p rices. Eggs decreased 11 percent from the average for 1951, their peak y e a r , to a point 4 percent below 1949 and 8 percent below 1948.

P rices of wheat, corn, oats, and barley dropped slightly during 1952, while rye prices advanced. The 1952 average for a ll grains, though only 1 percent below the 1951 leve l, was more than 10 percent below the average for the peak year of 1947.

F resh and dried fru its and vegetables, on the average, experienced the greatest price advance among raw m ateria ls during 1952, increasing 24 percent from the 1951 average to a point about 20 percent above 1949. P rices of fluid m ilk also advanced, climbing 5 percent above the 1951 average and about 20 percent above that for 1949.

Other Raw M aterialsAmong raw m ateria ls other than farm

products, the sharpest drops in 1952 from 1951 leve ls were in prices of hides and skins and natural crude rubber. Hides and skins fe ll 47 percent and natural crude rubber 36 percent. In both cases, however, prices of these commodities had climbed

2


to their highest points in the f irs t few months of 1951, having more than doubled the leve ls reached during World War II. Crude rubber p rices in 1952 were still far above those of the pre-K orean years , but prices of hides and skins were well below those leve ls . P rices of scrap m etal (non- fe rro u s, as well as iron and steel) receded somewhat in 1952 but were still well above the 1949 average.

SEMIMANUFACTURED PRODUCTSAmong the semimanufactured products,

the prices of fats and oils, some paint m ateria ls , leather, and cotton and wool textiles rose in the f irs t few months of 1951 and then declined la te r in 1951 and in1952. P rices of crude edible vegetable oils averaged one-third lower in 1952 than in1951 and one-half lower than in 1948. However, they were a little higher in 1952 than in 1949, another year of price recessio n fo r fats and o ils. Even greater price declines developed in 1952 fo r inedible fats and o ils. Paint paaterials which dropped sharply in1952 include butyl acetate, linseed oil, gum rosin, and turpentine.

Leather p rices fe ll 28 percent in 1952, reaching their lowest point since 1946. Although the decline was considerably less than that experienced by hides and skins, the drop in leather p rices was enough to bring the 12 -month average somewhat below the 1948 and 1949 leve ls .

Semimanufactured textile products gene ra lly showed tendencies sim ilar to those already noted for the raw fib ers: most of them declined in 1952 from the preceding year, but wool textile products fe ll more sharply than cotton and synthetic textiles. Wool tops and yarns were about one-third low er; though substantial, this decrease was less than the drop in raw wool p rices and left the y e a rly averages for tops and yarns a little above 1948 and 1949 leve ls . Cotton yarn and printcloth in 1952 declined more than 10 percent from the previous year (a somewhat greater decrease than that for raw cotton), bringing the averages for these commodities below 1948 but still somewhat above 1949.

Semifinished m etals remained at high price leve ls throughout 1951, but some of them declined in 1952. P rim ary nonferrous re fin ery shapes receded 4 percent in 1952 from the average for the year before. Important individual changes in 1952 include

drops of 9 percent for zinc, 7 percent for pig lead, 6 percent for pig tin, and 5 percent for m ercury . Despite these decreases, 1952 averages for a ll m etals except lead r e mained well above both 1948 and 1949 le v e ls . The 1952 average for lead, though 6 percent above 1949, was 9 percent below 1948. Nickel cathode sheets rose 5 percent in 1952, and aluminum ingot increased 2 percent. Copper ingot and antimony remained unchanged from 1951. Pig iron and fe rro a llo ys in creased 3 percent during 1952, and sem ifinished steel rose 2 percent. G ray iron castings and steel strip and bars also advanced in 1952.

MANUFACTURED PRODUCTSP rim ary m arket p rices of most manu

factured products rose in 1951. During 1952, they generally moved in the same direction as prices of the raw m ateria ls and sem imanufactured products from which they are manufactured, but in most cases the declines were less m arked than those recorded for the raw m ateria ls and semifinished products.

In a few instances in 1952, prices of manufactured products moved in opposite directions from the prices of the raw m ateria ls or semimanufactured products from which they are made. Canned and frozen fru its and vegetables averaged slightly lower in price than in the previous year, whereas fresh fru its and vegetables advanced considerably. These divergent movements are partly explained by the fact that canned and frozen fru its and vegetables are generally made from produce not d irectly competitive with that entering the fresh fru it and vegetable m arkets. P rices of the following item s declined somewhat: plumbing equipment, e lec trica l m achinery and equipment, hardw are, heating equipment, fabricated m etal products, general purpose m achinery and equipment, office and store machines and equipment, metal household furniture, bedding, and some household appliances. However, prices of the iron and steel from which many of these products are manufactured had been rising steadily since the end of World War II.

P rocessed FoodsFood prices were high and, aside from

seasonal movements, re la tive ly stable in 1951, but in 1952 some p rices fe ll. Refined animal and vegetable fats and oils and

3


v e g e ta b le o il en d p r o d u c t s , su c h a s s h o r t e n in g , sh o w ed th e g r e a t e s t p r i c e d e c l in e s f r o m 1951 a v e r a g e s . R e f in e d a n im a l f a ts (e . g ., l a r d ) d ro p p e d a lm o s t o n e - th i r d f r o m1951 . R e f in e d v e g e ta b le o i ls d e c l in e d by o n e - f o u r th an d v e g e ta b le o il en d p r o d u c ts by o n e - s ix th f r o m 1951 a v e r a g e s . T h e r e f in e d v e g e ta b le o i ls an d p r o d u c t s , th o u g h w e ll b e lo w th e i r 1948 l e v e l s , w e r e s t i l l s o m e w h a t a b o v e t h e i r 1949 a v e r a g e s , b u t th e r e f in e d a n im a l f a ts w e re lo w e r th a n fo r e i t h e r y e a r .

M e a ts , p o u l t r y , a n d f i s h in 1952 a v e r a g e d 7 p e r c e n t b e lo w th e p r e v io u s y e a r . O f t h e s e , d r e s s e d p o u l t r y p r i c e s to o k th e s h a r p e s t d r o p , f a l l in g 8 p e r c e n t to a p o in t 10 p e r c e n t b e lo w 1949 an d a b o u t 20 p e r c e n t b e lo w 1948 . M e a t p r i c e s s lu m p e d 8 p e r c e n t on th e a v e r a g e in 1952 , a lth o u g h l iv e s to c k p r i c e s d e c l in e d 13 p e r c e n t . A s w ith l i v e s to c k , p r o c e s s e d m e a ts w e re w e ll a b o v e t h e i r 1949 le v e l b u t s l ig h t ly b e lo w th e i r 1948 a v e r a g e .

P r i c e s o f c a n n e d a n d f r o z e n f r u i t s an d v e g e ta b le s f e l l s o m e w h a t m o r e in 1952 th a n in 1951 . T h is s m a l l d e c r e a s e ( le s s th a n 1 p e r c e n t ) c o n t r a s t s w ith th e s h a r p in c r e a s e (24 p e r c e n t ) in f r e s h an d d r ie d f r u i t s an d v e g e ta b le s . F r o z e n f r u i t s an d ju ic e s d e c l in e d m o r e in 1952 th a n d id c a n n e d f r u i t s an d ju ic e s an d f r o z e n v e g e ta b le s ; c a n n e d v e g e ta b le s an d so u p s a d v a n c e d s l ig h t ly .A pparel and L eath er P ro d u cts

A p p a r e l an d l e a t h e r p r o d u c ts d e c l in e d in 1952 f r o m 1951 , b u t c o n s id e r a b ly l e s s th a n th e m a t e r i a l s u s e d in t h e i r p r o d u c t io n . A p p a r e l p r i c e s d ro p p e d 4 p e r c e n t b u t, on th e a v e r a g e , w e r e s t i l l a l i t t l e h ig h e r th a n ip 1949 . O n ly h o s i e r y p r i c e s d ro p p e d b e lo w th e 1949 l e v e l . P r i c e s of in fan ts* an d c h i l d r e n s a p p a r e l r o s e in 1952, c l im b in g to a p o in t w e ll ab o v e th e 1949 le v e l . L e a th e r fo o tw e a r an d o th e r l e a t h e r p r o d u c ts d ro p p e d a lm o s t 10 p e r c e n t . H o w e v e r , b o th ty p e s of l e a t h e r g o o d s r e m a in e d ab o v e th e 1949 a v e r a g e s , an d fo o tw e a r w as a ls o h ig h e r th a n th e 1948 le v e l .P ro d u c e rs1 Goods

S om e p r o d u c e r s * g o o d s arfiong th e m a n u f a c tu r e d p r o d u c t s a v e r a g e d lo w e r d u r in g 1952 th a n in 1951 , b u t o th e r s w e re h ig h e r in p r i c e . I n d u s t r i a l c h e m ic a ls w e r e dow n 5 p e r c e n t f r o m 1951 b u t w e re s t i l l c o n s id e r a b ly h ig h e r th a n in 1949. P r i c e s of

b u r l a p d ip p e d to a p o in t 46 p e r c e n t b e lo w th e 1951 le v e l an d a l s o b e lo w th e 1948 an d 1949 a v e r a g e s . W a s te p a p e r d ro p p e d g r e a t ly in p r i c e an d p a p e r b o a r d an d p a p e r - b o a rd p r o d u c ts e d g e d lo w e r ; p a p e r , n e w s p r in t , an d b u ild in g p a p e r an d b o a rd a d v a n c e d a l i t t l e . M any i r o n an d s te e l p ro d u c ts r o s e in p r i c e , a n d , a lth o u g h b a s ic n o n f e r r o u s m e ta l s a v e r a g e d lo w e r , p r i c e s of m a n y n o n f e r r o u s m e ta l p r o d u c ts in c r e a s e d d u r in g th e y e a r .

M a c h in e ry p r i c e s r o s e in 1951 an d c o n tin u e d to a d v a n c e in 1952, a v e r a g in g 2 p e r c e n t h ig h e r th a n in 1951 . A ll k in d s of m a c h in e r y i n c r e a s e d in 1951 . P r i c e s of m o s t t y p e s - - a g r i c u l t u r a l , c o n s t r u c t io n , m e ta lw o r k in g , o i l f ie ld , m in in g , an d m o to r v e h ic l e s - - p u s h e d u p w a rd in 1952 , an d p r i c e s of a l l ty p e s w e re w e ll a b o v e b o th 1948 an d 1949 a v e r a g e s . E v e n th o s e w h ic h d ro p p e d f r o m 1951 l e v e ls - - e l e c t r i c a l m a c h in e r y , o ffic e an d s to r e m a c h in e s , an d g e n e r a l p u rp o s e m a c h i n e r y - - r e c e d e d on ly f r a c t i o n a l ly . P r i c e s of m o s t m a c h in e r y h a d b e e n c lim b in g s te a d i ly , w e ll b e fo re th e s t a r t of th e K o re a n in f l a t io n a r y p e r io d . By 1952 th e y r a n g e d f r o m tw o - th i r d s to th r e e - f o u r th s h ig h e r th a n a t th e en d of W o rld W ar II.Building M ate ria ls

T h e in d e x fo r b u ild in g m a t e r i a l s c l im b e d a lm o s t 10 p e r c e n t in 1951 o v e r 1950 . C o n s t r u c t io n a c t iv i ty w a s in te n s e , e s p e c ia l ly in th e f ie ld of h e a v y c o n s t r u c t io n , and t h e r e w a s a s t r o n g d e m a n d f o r b u ild in g m a t e r i a l s . T h e in d e x d ip p e d s l ig h t ly (1 p e r c e n t ) in 1952 b u t w a s s t i l l o n e - s ix th h ig h e r th a n th e 1949 a v e r a g e . L o w e r p r i c e s w e r e r e p o r te d fo r lu m b e r , m i l lw o rk , p ly w o o d , p r e p a r e d a s p h a l t ro o f in g , p lu m b in g a n d h e a t in g e q u ip m e n t, an d so m e g a lv a n iz e d c o n s t r u c tio n m a t e r i a l s . H ig h e r in p r i c e in 1952 w e r e p r o d u c ts m a d e of c o n c r e te , s t r u c t u r a l c la y , g y p su m , an d s t r u c t u r a l s te e l ; p a in t ; b u ild in g p a p e r an d b o a rd ; an d f la t g l a s s .F uel, P ow er, and Lighting M ate ria ls

P r i c e s of fu e l , p o w e r , an d l ig h tin g m a t e r i a l s a v e r a g e d h ig h e r in 1951 b u t f r a c t i o n a l ly lo w e r in 1952 . T h is v e r y s l ig h t d e c l in e in 1952 w a s b ro u g h t a b o u t by lo w e r a v e r a g e p r i c e s fo r so m e p e t r o le u m p r o d u c t s , a s a l l o th e r ty p e s of fu e l an d p o w e r m a t e r i a l s a d v a n c e d in p r i c e . A m o ng th e v a r io u s p e t r o le u m p r o d u c t s , r e s i d u a l f u e ls an d lu b r ic a t in g o i ls sh o w ed th e l a r g e s t d e c l in e s .

4


G a so lin e a v e r a g e d a l i t t l e lo w e r in p r i c e , w h e r e a s d i s t i l l a t e f u e ls a d v a n c e d d u r in g th e y e a r . R e g io n a lly , th e d e c l in e in p r i c e s of r e f in e d p e t r o le u m p r o d u c ts w a s c o n c e n t r a t e d in th e M id -C o n tin e n t a r e a , w h e re p r i c e s r e c e d e d 5 p e r c e n t f r o m th e p re v io u s y e a r . O n th e E a s t , G u lf, an d P a c if ic C o a s ts , p r i c e s sh o w ed s m a l l i n c r e a s e s .

E l e c t r i c i t y w a s one of th e v e r y few m a n u fa c tu r e d c o m m o d it ie s w h ic h d e c l in e d in 1951 . D e s p ite a s m a l l a d v a n c e in 1952, e l e c t r i c i t y a v e r a g e d a l i t t l e lo w e r in p r ic e th a n in 1949 . G as an d c o a l p r i c e s w e re so m e w h a t h ig h e r in 1952 th a n in 1949, an d m o s t o th e r fu e ls w e r e w e ll a b o v e th e 1949 a v e r a g e s .D urable C onsum er Goods

A m o ng c o n s u m e r g o o d s , p r i c e d e c l in e s in 1952 o c c u r r e d n o t o n ly in fo o d s , t e x t i l e s , an d a p p a r e l b u t a l s o in m a n y d u ra b le g o o d s . O nly one m a jo r ty p e of c o n s u m e r d u ra b le i n c r e a s e d in p r i c e in 1 9 5 2 - - a u to m o b i le s r o s e 7 p e r c e n t d u r in g th e y e a r to a p o in t a b o u t 10 p e r c e n t ab o v e th e 1949 le v e l an d 20 p e r c e n t a b o v e th e 1948 a v e r a g e . T h is is th e g r e a t e s t i n c r e a s e r e p o r t e d f o r an y c o n s u m e r d u ra b le in 1952 .

P r i c e s of t i r e s an d tu b e s d e c r e a s e d s l ig h t ly b u t w e re s t i l l s u b s ta n t ia l ly h ig h e r th a n b e f o r e th e o u tb re a k of h o s t i l i t i e s in K o re a .

In h o u s e h o ld d u ra b le g o o d s , th e s h a r p e s t p r i c e d r o p in 1952 w a s r e p o r t e d f o r f lo o r c o v e r in g s , w h ic h f e l l a b o u t 10 p e r c e n t f r o m th e 1951 a v e r a g e . T h is d e c l in e w a s c a u s e d by a m a r k e t d e c r e a s e in p r i c e s of s o f t- s u r f a c e d f lo o r c o v e r in g s , w h ic h a v e r a g e d o n e - s ix th lo w e r th a n 1951 p r i c e s . H a r d s u r f a c e d f lo o r c o v e r in g s a d v a n c e d a l i t t l e in 1952 . T h e d e c r e a s e in p r i c e s of c a r p e t s an d r u g s w a s a t t r i b u t a b l e to g r e a t e r u se of s y n th e t ic f i b e r s in t h e i r m a n u fa c tu r e an d to lo w e r p r i c e s of c a r p e t w o o l, w h ich f e l l c o n s id e r a o ly in 1952 f r o m th e v e r y h ig h le v e ls r e a c h e d on th e m a r k e t s a b r o a d a f t e r th e K o re a n o u tb re a k . T h e d e c l in e in c a r p e t p r i c e s w a s s im i l a r in m a g n itu d e to th a t in n o n d u ra b le c o n s u m e r w o o l p r o d u c t s , su c h a s w o ol f a b r i c s , k n it o u te r w e a r , an d w o o l b la n k e ts . In s p i te of t h e i r d e c l in e , c a r p e t p r i c e s r e m a in e d m o r e th a n 25 p e r c e n t ab o v e p e r - K o r e a n l e v e l s .

P r ic e s of b e d d in g ( s p r in g s an d m a t t r e s s e s ) d ro p p e d 5 p e r c e n t in 1952 . M e ta l , w o o d en , an d u p h o ls te r e d f u r n i t u r e f e l l so m e w h a t l e s s . T h e s e d e c l in e s l e f t th e in d e x

fo r h o u s e h o ld f u r n i t u r e a b o u t 10 p e r c e n t ab o v e th e 1949 a v e r a g e .

D u rin g 1952 , p r i c e s o f h o u s e h o ld a p p l i a n c e s an d r a d io s an d t e l e v is io n s e t s w e re r e l a t i v e ly s ta b le in c o m p a r i s o n w ith th e p r e v io u s y e a r . H o w e v e r , r a d io s an d t e l e v is io n s e t s a v e r a g e d a p p r o x im a te ly 10 p e r c e n t b e lo w th e 1949 le v e l , w h e r e a s o th e r h o u s e h o ld a p p l ia n c e s w e r e a b o u t 6 p e r c e n t ab o v e th e a v e r a g e f o r th a t y e a r . S m a ll p r i c e d e c l in e s d e v e lo p e d d u r in g 1952 fo r s to v e s , sew in g m a c h in e s , r e f r i g e r a t o r s an d f r e e z e r s , s m a l l e l e c t r i c a l a p p l i a n c e s , an d e l e c t r i c l a m p s . L a u n d ry e q u ip m e n t an d v a c u u m c le a n e r s a d v a n c e d a l i t t l e . O th e r h o u s e h o ld d u r a b le s a v e r a g e d s l ig h t ly h ig h e r in 1952 th a n in 1951 an d c o n s id e r a b ly h ig h e r th a n in 1948 an d 1949 . A m o ng th e s e c o m m o d i t i e s , d in n e r w a r e , g l a s s c o n ta in e r s , s i l v e r w a r e an d p la te d f la tw a r e , m i r r o r s , c u t le r y , and m e ta l h o u s e h o ld c o n ta in e r s h a d s m a l l p r i c e i n c r e a s e s .

P r i c e m o v e m e n ts d u r in g 1952 fo r o th e r c o n s u m e r g o o d s w e re s m a l l an d m ix e d . C i g a r e t t e s a d v a n c e d s l ig h t ly in c o m p a r i s o n w ith th e 1951 a v e r a g e , b u t c ig a r s r e c e d e d f r a c t i o n a l ly . A lc o h o lic b e v e r a g e s a v e r a g e d so m e w h a t h ig h e r ; n o n a lc o h o lic b e v e r a g e s r e m a in e d u n c h a n g e d . N o tio n s an d a c c e s s o r i e s d e c l in e d . J e w e l r y , w a tc h e s , an d p h o to g ra p h ic e q u ip m e n t sh o w ed no ch a n g e f r o m t h e i r 1951 a v e r a g e .DAILY INDEX OF SPOT MARKET PRICES

T h e m o v e m e n ts of th e D a ily In d ex of S pot M a r k e t P r i c e s w e re g e n e r a l ly s im i l a r to th o s e of th e W h o le sa le P r i c e In d ex in 1952 . T h is d a i ly in d e x i s d e s ig n e d to be a m o r e s e n s i t iv e in d ic a to r of p r i c e s th a n th e W h o le s a le P r i c e In d e x . E x c e p t f o r a s l ig h t i n c r e a s e in M ay , th e d a i ly in d e x f o r a l l c o m m o d i t i e s sh o w ed a r a t h e r s te a d y d e c lin e th ro u g h o u t 1952 . F r o m J a n u a r y 2 to D e c e m b e r 31 th e a l l - c o m m o d i t ie s in d e x d e c l in e d 17.1 p e r c e n t . A m o n g th e c o m p o n e n t g r o u p s , fo o d s tu f fs f e l l 10 p e r c e n t d u r in g th e p e r io d ; r a w in d u s t r i a l m a t e r i a l s , 22 p e r c e n t ; l iv e s to c k an d p r o d u c t s , 25 p e r c e n t ; m e ta l s , 13 p e r c e n t ; t e x t i l e s an d f i b e r s , 23 p e r c e n t ; an d f a ts a n d o i l s , 2 4 p e r c e n t .

CONSUMER PRICEST h e d e c l in e s in m a n y c o n s u m e r g o o d s ,

d u ra b le an d n o n d u r a b le , in th e W h o le sa le P r i c e In d ex d u r in g 1952 c o n t r a s t s w ith th e a d v a n c e of s l ig h t ly m o r e th a n 2 p e r c e n t

5


in th e C o n su m e rs* P r i c e In d ex in 1952 o v e r th e p r e c e d in g y e a r . F o u r g e n e r a l f a c to r s h e lp to a c c o u n t f o r th is d i f f e r e n c e .(1) I n c r e a s e s in r e n t an d s e r v i c e s , w h ic h a r e n o t m e a s u r e d in th e W h o le sa le P r i c e In d e x , w e re r e s p o n s ib le f o r m u c h of th e r i s e in th e C o n su m e rs* P r i c e In d e x in1952 . (2) T he W h o le sa le P r i c e In d e x i n c lu d e s p r i c e s of r a w m a t e r i a l s an d s e m i m a n u fa c tu r e d p r o d u c t s , w h ic h a r e n o t p r ic e d in th e C o n su m e rs* P r i c e In d ex . (3) T h e r e u s u a l ly is a t im e la g , v a ry in g in d u ra t io n ,

b e tw e e n p r i c e c h a n g e s a t th e w h o le s a le an d r e t a i l l e v e l s . (4) A s w h o le s a le p r i c e s r e p r e s e n t o n ly one a m o n g s e v e r a l r e t a i l c o s t s , p r i c e c h a n g e s a t th e r e t a i l le v e l m a y d i f f e r in e x te n t an d in d i r e c t io n f ro m p r ic e c h a n g e s a t th e p r i m a r y m a r k e t le v e l of d i s t r ib u t io n .

T he 12 -m o n th a v e r a g e f o r th e C o n s u m e r s P r i c e In d ex in 1952 w as 113.5 p e r c e n t of th e 1 9 4 7 -4 9 b a s e p e r io d . T h is r e p r e s e n t s a n in c r e a s e of a b o u t 10 p e r c e n t f ro m 1948 an d 1949 l e v e ls .

6


DAILY INDEX OF SPOT MARKET PRICESThe Daily Index of Spot Market Prices is an unweighted

geometric mean of the individual price relatives, i.e ., the ratio of the current price to the base period price. Price differentials among the commodities have no distorting effect upon the indexes. The index is not a simple aggregate which would result in a change for a commodity with a high unit price, such as steers, having several hundred times the* weight of a commodity such as tallow. Changes in specifications are handled so that only the actual price movements are reflected in the index; a substitution does not in itself affect the index.

In addition to the indexes computed from the prices, of all 22 commodities, indexes for six special groupings are pub

lished. The indexes are developed by grouping the commodities according to a basic characteristic, such as Raw industrials, or according to a major product class, such a s Metals. The special group indexes are Foodstuffs, Raw industrials, Livestock and products, Metals, Textiles and fibers, and Fats and oils. Since all the commodities used for the computation of the daily indexes were chosen for their sensitivity, these special group indexes are in no way comparable to groups in the Wholesale Price Index. Groupings in the Wholesale Price Index are far more comprehensive than in the daily index. Most of the commodities are used in more than one special group index; for example, tin is used in both the Metals and the Raw industrials indexes.

DAILY INDEX OF SPOT MARKET PRICES1. Commodities included in index:

Commodity Specification MarketBurlap 40", 10-ounce yard, per yard New YorkButter Grade A, 92 score, per pound ChicagoCocoa beans Accra, per pound New YorkCopper scrap No. 1, heavy copper and wire, refiners* buying price, per pound New YorkCom No. 3 Yellow, per bushel ChicagoCotton Middling 15/16", per pound 10 mkt. avg.Cottonseed oil Crude, Southeast and Valley, per pound MemphisHides Cow, Light Native Packers, per pound ChicagoHogs Good to Choice, 200-220 pounds, per 100 pounds ChicagoLard Prime Steam, in tierces, per pound ChicagoLead scrap Battery plates, flat price, smelters1 buying price, per pound New YorkPrintcloth 39", 80x80 count, 4 yd./lb.; average of spot and forward, per yard New YorkRosin WG grade, per 100 pounds New YorkRubber Plantation, No. 1 Ribbed Smoked Sheets, per pound New YorkSteel scrap No. 1 Heavy Melting, consumers* buying price, per ton ChicagoSteers Good, 900-1,100 pounds, per 100 pounds ChicagoSugar Raw, 96, duty paid, per 100 pounds New YorkTallow Packers* Prime, inedible, per pound ChicagoTin Grade A, prompt delivery, per pound New YorkWheat Average of:

No. 2 Hard Winter, per bushel Kansas CityNo. 1 Dark Northern Spring, per bushel Minneapolis

Wool tops Spot market, per pound New YorkZinc Prime Western, pig, per pound New York2. Commodities for which prices are published but not included in the index computation:

BarleyNo. 3 Malting, per bushel, Minneapolis CoffeeSantos No. 4, per pound, New York CopperElectrolytic ingot, per pound, New York LeadDesilverized pig, per pound, New York ShellacT.N. grade, per pound, New York

3. Special groupings and their commodity composition:(a) Foodstuffsbutter, cocoa beans, corn, cottonseed oil, hogs, lard, steers, sugar, and wheat(b) Raw industrialsburlap, copper scrap, cotton, hides, lead scrap; print cloth, rosin, rubber, steel scrap, tallow, tin,

wool tops, and zinc(c) Livestock and productshides, hogs, lard, steers, and tallow(d) Metalscopper scrap, lead scrap, steel scrap, tin, and zinc(e) Textiles and fibersburlap, cotton, print cloth, and wool tops(f) Fats and oilsbutter, cottonseed oil, lard, and tallow

7


TABLE 1 .DAILY INDEX OF SPOT MARKET PRICES, 1952 (1947-49 = 100)

(Saturdays, Sundays, and Holidays excluded)

DateAll

commodities

Foodstuffs

Rawindustrials

Livestockand

products

MetalsTextiles

andfibers

Fatsandoils

DateAll

commodities

Foodstuffs

Rawindustrials

Livestockand

products

MetalsTextiles

andfibers

Fatsandoils

109.5 95.8 119.9 82.3 125.3 118.7 75.2 q 98.6 92.9 102.6 6 8 .6 124.0 93.6 60.4109.5 96.0 119.8 82.9 125.3 118.5 75.3 May 1 ? 98.4 92.8 102.3 6 8 .6 124.0 92.7 60.4110.1 96.8 120.1 83.5 125.3 119.2 75.8 May 11 ....... 97.2 92.5 100.4 69.1 117.6 92.3 60.2109.4 96.4 119.3 82.6 125.3 118.3 75.7 14....... 97.5 92.7 100.7 70.1 117.6 92.0 61.0109.0 96.2 118 .8 82.0 124.1 118.7 74.4 May 15....... 97.9 93.7 100.7 71.5 117.6 91.4 62.1109.1 96.7 118.5 82.2 124.1 118.0 75.1 May IS....... 98.5 95.3 100.7 7 2 ,7 117.6 91.3 63.2108.3 96.0 117.6 80.7 124.1 117.4 74.2 ]Q....... 98.8 95.6 100.9 73.0 117.6 92.0 63.4

Jan. 1 1 ...... 107.8 95.4 117.1 80.5 124.1 116.9 73.5 M^ ?n__ . 98.7 95.3 101.0 73.1 117.6 92.0 64.4107.2 94.9 116.4 80.1 124.1 115.9 73.1 Mav ?i.. .. 98.7 95.4 101.0 73.9 117.6 91.1 64.4

Jan. 15........ 107.3 95.2 116.3 79.9 124.1 116.0 73.1 Mav 2 2 ....... 98.9 95.3 101.3 75.0 117.6 90.4 65.8107.3 95.3 116.4 79.6 124.1 116.1 73.3 Mav ?1 ....... 98.7 94.8 101.3 74.3 117.6 90.0 6 6 .0

Jan. 17........ 106.6 95.0 115.2 77.9 124.1 115.0 72.4 Mav PS....... 98.7 94.5 101.6 74.3 117.6 90.7 65.6106.5 95.3 114.9 78.3 124.1 114.0 72.1 Mav ?7___ 98.7 94.6 101.5 74.3 117.6 90.4 6 6 .1

Jan. 21........ 106.5 95.3 114.8 77.9 124.1 113.8 71.7 May PS 98.8 94.9 101.5 74.3 117.6 90.5 6 6 .2Jan. 22........ 107.6 96.0 116.2 78.1 128.3 113.4 72.1 May 29....... 99.1 95.3 10 1 .6 74.8 117.6 90.8 66.5Jan. 23........ 107.4 95.8 116.2 78.6 128.3 113.4 71.4Jan. 24........ 107.5 95.8 116.2 78.1 128.3 113.6 70.8 June ?....... 97.6 94.9 99.4 74.4 115.2 92.0 66.4Jan. 25........ 107.3 95.4 116.3 77.9 128.3 113.7 70.9 June 1 .. . 97.4 94.5 99.2 73.7 115.2 92.2 6 6 .2

107.1 95.8 115.4 77.2 128.3 113.3 69.7 June 4 ... .. 97.5 94.7 99.4 73.4 115.2 92.7 66.5Jan. 29........ 107.1 95.9 115.4 77.0 128.3 113.2 69.8 June 5. 97.3 95.0 98.7 73.6 113.2 92.6 66.5

106.9 96.0 114.9 76.2 128.3 112.9 69.5 June S. . . 97.2 94.9 98.7 73.3 113.2 92.7 66.4Jan. 31........ 106.2 95.6 114.0 75.0 128.3 112.4 69.3 June q. 97.4 95.6 98.6 73.3 113.2 92.5 67.1

June 10 ....... 97.1 94.6 98.6 72'. 6 113.2 92.8 66.4Feb. 1........ 106.1 95.8 113.7' 74.9 128.3 112.5 69.6 11 ....... 97.0 94.7 98.4 72.0 113.2 93.2 66.5Feb. 4........ 106.3 96.2 113.7 75.2 128.3 112.4 69.9 June IP....... 97.2 94.6 98.8 72.2 113.2 94.4 6 6 .1Feb. 5........ 106.1 95.9 113.7 74.6 128.3 117.4 69.7 June 11....... 97.5 95.1 99.1 72.7 113.2 94.4 67.1Feb. 6 ........ 106.0 95.8 113.4 74.3 128.3 111.5 70.0 June IS...... 97.2 94.1 99.2 72.0 113.2 95.0 65.8Feb. 7........ 105.7 96.3 112.6 73.7 128.3 110.6 70.' June 17 . . . . 96.9 93.5 99.3 71.3 113.2 95.4 65.0Feb. 8 ........ 105.4 95.9 112.4 73.8 128.3 110.0 69.8 j une IS....... 96.6 93.4 98.8 71.0 111.8 95.3 65.0Feb. 11........ 104.9 95.3 111.9 73.5 128.3 108.1 69.8 June 1 q....... 96.9 93.8 99.0 71.8 111 .8 94.8 65.7Feb. 1 3 ...... 104.7 96.1 111.0 72.7 128.3 107.1 69.9 June ?n....... 96.8 93.8 9 8 .8 72.0 111.8 94.4 65.7Feb. 14..___ 104.5 96.0 110.7 72.8 128.3 106.8 70.4 June p i ....... 96.6 93.0 99.0 71.6 112.8 94.0 65.3Feb. 15 ...... 104.3 95.9 110.3 72.4 128.3 105.5 70.4 June P4 96.8 93.0 99.4 71.1 114.3 94.0 65.1Feb. 18........ 103.7 95.2 109.9 71.7 128.3 104.4 69.5 June ?5....... 96.9 93.2 99.3 71.0 114.3 94.2 64.7Feb. 19........ 103.2 94.9 109.2 71.3 128.3 102.2 69.4 June PS 97.1 93.7 99.3 71.6 114.3 94.3 64.9Feb. 20........ 103.1 94.9 109.1 71.0 128.3 101.9 69.3 June P7....... 97.4 94.3 99.5 72.3 114.3 94.8 65.4Feb. 21........ 102.6 94.0 108.9 70.1 128.3 101.9 68.7 June ID....... 96.7 94.3 98.2 72.5 114.3 94.4 65.4Feb. 25........ 102 .8 94.4 108.8 70.4 128.3 101.6 68.4Feb. 26........ 102.0 93.0 108.5 69.5 128.3 100.9 67.3 July 1 ....... 96.7 94.5 98.2 72.1 114.3 94.7 65.6Feb. 27........ 101.6 92.9 107.9 68.5 128.3 100.1 6 6 .6 July P....... 96.7 94.7 98.0 72.2 114.3 94.4 65.5Feb. 28........ 101.4 92.9 107.6 68 .2 128.3 100.7 65.8 July 1 ....... 96.8 94.8 98.0 72.6 114.3 94.4 65.5Feb. 29........ 101.6 93.3 107.6 68.5 128.3 100.7 65.9 July 7 96.5 94.4 97.9 72.2 114.3 94.6 65.5

July 8 ....... 96.8 94.7 98.0 72.6 115.0 94.8 65.6Mar. 3........ 101.6 93.4 107.6 68.9 128.3 100.5 65.8 July 9....... 96.6 94.6 97.9 72.2 115.0 94.7 65.5Mat* . L ........ 101.1 93.0 107.0 69.0 128.3 98.7 65.0 July 10 ....... 96.6 94.7 97.9 72.1 115.0 94.5 65.2Mar. 5........ 101.2 93.3 106.8 69.2 128.3 98.3 64.9 July 11 ....... 96.5 94.8 97.6 71.9 115.0 94.4 64.8f^ T* , f \........ 100.9 93.0 106.5 68.5 128.3 97.5 64.9 July 14....... 96.7 95.1 97.6 72.1 115.0 94.8 64.8Mat*. 7........ 100.8 93.6 106.0 68.7 128.3 96.0 65.1 July 15....... 96.9 95.1 98.1 72.6 115.0 94.8 64.8Mar. 10........ 100.8 93.8 105.9 68.3 128.3 96.2 64.6 July 16....... 96.5 94.4 97.8 71.8 115.0 94.8 64.0Mat 11 ...... 100.9 93.7 106.0 68 .2 128.3 97.0 64.0 July 17....... 96.3 94.1 97.7 71.8 115.0 94.6 63.8f/|AT IP . ... 100.9 93.8 105.9 69.0 128.3 96.0 64.1 July 18....... 96.1 93.8 97.5 71.8 115.0 94.5 63.7Mat. 11........ 100.7 93.7 105.7 6 8 .8 128.3 95.7 64.3 July 21 ....... 96.1 93.9 97.6 72.2 115.0 94.2 64.1f4T . 1 i ........ 101.1 94.1 106.0 69.7 1 2 8 .3 96.1 65.0 July 2 2 ....... 96.3 94.2 97.7 72.8 115.0 94.6 64.3Mat. 17 101.2 93.9 106.3 69.5 128.3 97.1 65.0 July 23....... 96.2 93.9 97.6 72.9 115.0 94.3 64.4Mat. IS........ 100.9 93.6 106.1 68 .6 128.3 96.8 64.7 July 24....... 96.4 94.9 97.3 73.5 115.0 93.2 64.9Mat IQ........ 101.1. 94.0 106.1 69.1 128.3 96.9 64.7 July 25....... 96.4 95.2 97.0 73.1 115.0 93.0 64.3Mat Pf)........ 101.2 94.0 106.4 69.0 128.3 97.9 64.4 July 28....... 96.7 95.6 97.3 73.7 115.0 92.8 64.6Mat. PI........ 100.9 93.5 106.2 68.7 128.3 97.5 63.8 .Tilly 29....... 96.5 95.2 97.2 73.2 115.0 92.3 64.5Mat. 24........ 100.9 93.4 106.4 68.9 128.3 97.9 63.4 July 30....... 96.5 95.3 97.1 73.0 115.0 92.4 64.3Mar. 25 100.6 92.6 106.4 68 .0 128.3 98.6 62.3 July 31....... 96.7 95.7 97.3 73.5 115.0 93.1 64.5Mar. 26........ 100.3 92.5 106.0 67.8 128.3 97.7 62.2Mar. 27........ 100.1 92.2 105.8 67.9 128.3 96.9 61.5 Aug. 1 ....... 96.9 95.6 97.6 73.5 115.3 93.7 64.2Mat. PS........ 100.1 92.4 105.7 67.7 128.3 97.0 61.5 Aug. 4....... 97.0 95.6 97.8 72.9 115.3 95.0 64.5Mar. 31........ 100.0 92.2 105.6 67.0 128.3 97.8 61.4 Aug. 5....... 96.4 94.5 97.5 71.4 115.3 94.9 63.9

Aug. 6 ....... 96.3 95.4 96.8 71.8 113.0 94.8 64.4Ap-r. 1 _ _ T . . . 99.5 91.7 105.2 67.0 128.3 97.7 60.6 Aug. 7....... 96.3 95.0 97.1 71.8 113-.0 95.7 64.4A pT* 0 ........ 99.2 91.6 104.7 66 .1 128.3 97.7 60.6 Aug. 8 ....... 96.0 94.7 96.8 71.7 113.0 94.7 64.4ApT*, ........ 98.8 91.2 104.2 64.8 128.3 97.8 59.9 Aug. 11 . ___ 95.8 94.4 96.7 71.7 113.4 94.0 64.3Ap-r L . . . 98.6 90.6 104.4 65.3 128.3 97.5 58.9 Aug. 12 ....... 95.9 94.2 96.9 71.3 113.8 94.4 64.3Ap-r 7 - - r - - . 98.5 90.6 104.2 64.8 128.3 97.7 58.8 Aug. 13....... 96.0 94.3 97.0 71.2 113.8 94.7 64.6ApT* A........ 98.4 90.8 103.8 64.0 128.3 97.6 59.3 Aug. 14....... 96.1 94.6 97.0 71.5 113.8 94.7 64.6ApT* Q__T _ _ 98.3 91.5 103.1 63.3 128.3 97.4 58.5 Aug. 15....... 96.1 94.5 97.1 71.4 113.7 94.9 64.7ApT* in ........ 98.5 91.9 103.1 63.6 128.3 97.5 59.1 Aug. 18....... 96.1 94.2 97.3 71.2 113.7 95.3 64.7

98.1 91.2 103.0 63.4 128.3 97.1 58.4 Aug. 19....... 96.0 94.1 97.2 70.8 113.8 94.7 64.4ApT* 1 *5........ 97.9 90.9 102.9 63.0 128.3 96.7 58.3 Aug. 20 ....... 96.0 94.1 97.3 70.9 113.8 94.6 64.3ApT IS........ 97.9 90.9 102.9 62.9 128.3 96.8 58.3 Aug. 21 ....... 96.1 94.2 97.3 70.9 113.8 94.7 64.6ApT* 17 - 97.5 90.4 102.5 62.3 128.3 96.5 57.8 Aug. 22 ....... 96.2 94.4 97.3 71.0 113.8 94.5 65.1ApTT IS........ 97.3 89.9 102.6 62.7 128.3 96.3 56.9 Aug. 25....... 96.0 94.3 97.1 70.7 113.8 94.7 65.4ApT PI........ 97.0 89.7 102.3 62.6 128.3 95.3 56.7 Aug. 26....... 96.0 94.4 96.9 70.3 113.8 94.9 65.6ApT* 0 0 ........ 97.4 90.3 102.4 62.9 128.3 95.4 57.0 Aug. 27....... 96.2 94.8 .97.0 70.4 113.7 95.4 6 6 .0ApT pi........ 97.2 90.1 102.3 62.8 128.3 95.1 56.9 Aug. 28 ....... 96.0 94.0 97 .v2 69.7 113.7 96.1 65.1ApT, P4........ 97.2 90.0 102.4 62.8 128.3 95.5 56.9 Aug. 29....... 95.8 94.0 97.0 69.6 113.7 96.2 64.9Apr. 25........ 97.5 90.5 102.6 63.4 128.3 95.0 57.5ApT ps........ 97.9 90.3 103.3 64.4 128.3 95.1 58.7 Sept. 2 ....... 96.0 93.9 97.4 69.8 113.7 96.8 65.1ApT. PQ........ 97.1 89.8 102.3 64.3 126.0 94.5 57.8 Sept. 3....... 95.7 93.2 97.4 69.4 113.8 96.4 64.6ApT. 10 ...... 97.3 89.9 102.6 64.6 126.0 94.2 58.1 Sept. 4....... 95.4 92.7 97.1 68.9 113.8 96.0 64.5

Sept. 5....... 95.5 92.8 97.2 69.1 113.8 96.3 64.4MAy 1 ........ 97.6 90.3 102.9 65.2 126.0 94.7 58.3 Sept. 8 ....... 95.4 92.9 97.1 69.1 113.8 96.3 64.8MAy ?........ 97.9 91.6 102.4 66 .2 123.9 95.1 59.1 Sept. 9....... 95.2 92.3 97.1 6 8 .6 113.8 96.5 64.1May 5........ 98.3 92.4 102.5 67.1 124.0 95.3 59.4 Sept. 10 ....... 95.1 91.9 97.1 6 8 .1 113.8 96.5 63.2May 6 98.7 92.8 102.7 67.7 124.0 95.3 60.1 Sept. 11 ....... 94.8 91.1 97.3 67.4 113.8 96.7 62.6May 7........ 98.6 92.8 102.7 68.9 124.0 93.1 60.4 Sept. 12 ....... 95.0 91.1 97.6 67.2 114.5 96.9 62.6May 8 ........ 98.8 93.1 102 .8 69.0 124.0 93.5 60.6 Sept. 15....... 95.1 91.0 97.8 67.2 114.5 97.6 62.8

8Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

TABLE I. DAILY INDEX OF SPOT M A R K E T PRICES, 1952 Continued

DateAll

commodities

Foodstuffs

Rawindustrials

Livestock ' and

products

MetalsTextiles

andfibers

Fatsandoils

Sept 16.... 95.1 90.8 98.1 67.2 114.5 98.2 62.8Sept 17----- 95.2 91.0 98.1 67.3 114.5 98.3 62.7Sept IS----- 95.2 91.2 97.9 67.5 113.8 98.4 62.9Sept. 19----- 95.2 91.6 97.7 67.8 112.8 98.6 63.2Sept 22.... 95.4 91.8 97.7 ^7.8 112.5 98.8 63.6Sept. 23----- 95.2 91.6 97.7 67.8 112.5 98.9 63.6Sept. 24.... 95.1 91 8 97.3 67.8 111..8 98.8 63.4Sept. 25.... 95.1 91 6 97.4 67.2 112,.2 98.5 62.9Sept. 26----- 95.0 91 5 97.3 67.0 112,.2 98.1 62.5Sept. 29----- 95.1 91 6 97.5 66.9 112,.2 97.8 62.1Sept. 30.... 94 9 90 9 97.6 66.4 112,.2 97.7 61.4

Oct. 1___ 94 8 90 8 97.5 66.0 112,.2 98.3 61.2Oct. 2----- 94,.6 90,.6 97.3 65.8 112,.2 98.2 61.1Oct. 3___ 94,.7 90,.9 97.3 66.0 112,.2 98.3 61.4Oct. 6 .... 94,.6 90,.8 97.2 66.1 112,.2. 98.5 61.7Oct. 7----- 93,.8 90..5 96.1 65.3 109,.3 98.8 60.9Oct. 8 .... 93,.7 90..4 95.9 65.6 108,.9 98.6 60.7Oct. 9----- 93,.4 90.,1 95.5 65.2 108.,9 98.5 60.1Oct. 10___ 93,.3 90..2 95.4 65.5 108..9 98.2 60.3Oct. 14___ 92..6 89.,7 94.5 65.1 106..9 98.4 60.1Oct. 15___ 92..3 89.,3 94.4 65.0 106.,9 98.0 59.8Oct. 16----- 92.,2 89.,3 94.1 64.4 106.,7 97.9 59.5Oct. 17----- 92.,5 89.,8 94.3 64.6 106.,8 98.1 59.8Oct. 20----- 92.,3 89.,4 94.2 64.4 106.,8 98.4 59.7Oct. 21___ 92.,1 89.2 94.0 64.0 106.,8 98.1 59.8Oct. 22___ 91.,9 88.8 94.0 63.8 105..7 98.4 59.5Oct. 23----- 91.,4 88.,6 93.3 63.8 104.,2 97.5 59.7Oct. 24----- 91.,1 87.9 93.2 63.4 104.,6 96.6 59.2Oct. 27.... 90. 8 87.5 93.0 62.8 104.6 96.2 58.9Oct. 28___ 90.9 87.5 93.2 62.6 105.3 95.6 58.5Oct. 29----- 90.7 86.9 93.3 62.4 105.3 95.4 58.5Oct. 30___ 90.6 86.5 93.5 62.5 105.3 95.4 58.5Oct. 31___ 90.9 87.0 93.5 62.5 105.3 95.6 58.8Nov. 3___ 91.4 87.2 94.3 63.0 107.0 96.4 58.8Nov. 5___ 91.6 87.2 94.6 64.0 t 107.4 95.5 59.0

DateAll

commodities

Foodstuffs

Rawindustrials

Livestockand

products

MetalsTextiles

andfibers

Fatsandoils

Nov. 6___ 91.6 87.3 94.6 64.1 107.4 95.3 59.0Nov. 7___ 91.6 87.1 94.6 63.9 107.4 95.3 59.3Nov. 10___ 91.3 86.7 94.4 63.6 107.8 93.9 59.5Nov. 12___ 91.7 87.3 94.7 63.7 108.4 94.0 59.8Nov. 13___ 91.8 87.3 94.9 63.9 108.4 93.9 59.6Nov. 14___ 91.9 87.3 95.0 64.0 108.4 93.7 59.4Nov. 17___ 91.6 86.8 94.9 63.5 108.4 93.8 59.0Nov. 18___ 91.5 86.3 95.1 63.1 108.4 93.4 58.3Nov. 19___ 91.4 86.4 94.8 63.1 108.4 93.0 58.4Nov. 20___ 91.1 86.1 94.6 63.1 107.9 92.7 58.3Nov. 21___ 91.1 86.0 94.7 63.0 107.9 92.9 58.4Nov. 24___ 91.1 85.4 95.1 63.3 107.8 93.5 58.4Nov. 25___ 91.3 85.8 95.2 63.4 107.8 93.8 58.3Nov. 26___ 91.1 85.6 95.0 63.1 107.8 93.9 57.7Nov. 28.... 91.2 85.5 95.2 63.2 107.8 93.8 57.7Dec. 1___ 91.4 85.8 95.2 63.0 107.8 94.4 57.7Dec. 2 .... 91.3 85.9 95.0 62.9 107.8 94.0 57.6Dec. 3 .... 91.2 85.7 95.0 62.8 107.8 93.2 57.5Dec. 4 .... 91.0 85.6 94.8 62.4 107.8 92.9 57.6Dec. 5___ 91.0 85.6 94.8 62.6 107.8 92.6 57.6Dec. 8 .... 91.0 85.6 94.8 62.4 107.8 92.7 57.6Dec. 9___ 90.6 84.9 94.6 61.6 107.8 92.5 57.4Dec. 10___ 90.5 84.9 94.5 61.7 107.8 91.6 57.4Dec. 11___ 90.1 84.8 93.9 60.9 107.8 91.8 56.3Dec. 12___ 90.0 84.6 93.8 60.8 107.8 91.8 56.3Dec. 15___ 89.9 84.8 93.5 60.9 107.8 92.1 56.3Dec. 16___ 89.7 84.6 93.2 60.7 107.8 91.6 56.4Dec. 17___ 89.4 84.0 93.3 60.3 107.8 91.6 56.4Dec. 18___ 89.4 84.4 92.8 59.3 107.8 91.1 56.6Dec. 19___ 89.7 85.0 93.0 60.1 107.8 91.2 56.7Dec. 22___ 90.1 85.6 93.2 61.3 108.3 91.4 57.0Dec. 23___ 90.2 85.8 93.2 61.6 108.3 91.3 57.0Dec. 24___ 90.4 86.0 93.4 61.7 108.3 9] .3 57.2Dec. 29___ 90.3 85.7 93.6 61.3 108-.7 90.8 57.2Dec. 30___ 90.6 86.2 93.7 61.3 109.2 90.9 57.4Dec. 31----- 90.8 86.5 93.8 61.8 109.2 91.0 57.4


o.

11112132212223242533132441424344454655152677lj72;7388182 j

1221222324252634414243445671727374881828384

1111213141522122232425331323334354551525354555666162

Table 2 .--Primary Market Price - Index Numbers by Groups, Subgroups, and Product Classes, by Months, 1952(1947-49=100)

Group, subgroup, and product class Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. Year

ALL COMMODITIES.............................................. 113.0 112.5 112.3 111.8 111.6 111.2 111.8 112.2 111.8 111.1 110.7 109.6 111.6ALL COMMODITIES EXCEPT FARM PRODUCTS

AND FOODS.................................................... 114.3 114.2 113.8 113.3 113.0 112.6 112.5 113.0 113.2 113.0 112.8 112.9 113.2

FARM PRODUCTS................................................. 110.0 107.8 108.2 108.7 107.9 107.2 110.2 109.9 106.6 104.9 103.6 99.2 107.0Fresh and dried fruits and vegetables....... 12i.5 112.6 123.9 127.3 128.9 124.2 128.2 124.3 115.6 111.7 113.2 112.3 120.3

Fruits, fresh.......................................... 102.5 109.5 109.5 109.1 116.3 120.3 126.9 117.8 122.7 121.7 110.7 105.8 114.4Fruits, dried........ .......................... 109.8 111.1 109.0 106.7 105.5 106.1 112.5 115.3 118.8 116.2 118.6 122.3 112.7Vegetables, fresh and dried.................... 132.0 114.2 132.1 137.8 136.7 127.2 129.8 128.2 111.7 106.3 114.2 115.1 123.8

Grains......................................................... 103.6 101.7 102.0 100.9 98.8 95.4 94.9 96.9 96.9 95.0 96.5 96.1 98.2Barley...................................................... 84.6 80.8 81.1 .81.4 75.8 79.3 .85.1 97.3 83.1 86.0 87.4 86.3 84.0Com................................................ . 104.3 102.2 100.4 100.9 102.0 100.8 101.9 98.3 96.9 90.8 86.7 90.3 98.0Oats..................... .......... ...................... 101.7 94.7 99.5 93.6 87.8 90.8 87.1 92.6 95.0 92.5 95.9 92.2 93.6Rye........................................................... 92.0 86.6 94.3 91.1 92.3 95.1 94.6 92.6 86.3 88.0 92.9 88.0 91.1Wheat................................ ..................... 105.6 104.6 105.2 103.7 101.0 95.1 93.8 96.9 98.5 98.1 101.8 100.1 100.4

Livestock and live poultry........................ 106.7 106.2 105.2 106.6 108.9 107.2 108.2 106.4 99.3 94.8 93.0 86.8 102.4Livestock................................................. 108.6 107.7 107.1 109.2 112.6 110.4 110.6 108.2 100.3 95.9 92.5 86.9 104.2Live poultry............................................ 90.6 94.1 89.2 84.9 77.1 80.3 87.6 91.1 91.2 85.2 97.7 85.9 87.9

Plant and animal fibers............................. 127.2 120.5 118.9 119.6 114.2 118.7 115.3 115.0 113.3 109.6 107.1 101.9 115.1Raw cotton............................................... 126.1 120.1 121.3 123.7 116.0 122.5 118.0 118.1 116.4 109.9 105.1 97.6 116.2Domestic apparel wool............................. 118.4 107.8 102.9 99.9 102.3 102.3 105.1 107.7 102.5 107.3 112.2 112.1 106.7Foreign apparel wool............................... 136.2 125.2 114.1 109.2 111.2 110.5 110.8 110.1 110.1 113.4 117.5 118.2 115.5Raw silk ................................................... 135.3 139.7 137.9 137.9 137.9 138.8 147.4 152.6 152.6 153.5 152.6 153.5 145.0Hard fibers.............................................. 127.2 135.3 128.1 127.5 116.5 111.9 98.0 81.7 76.3 81.4 82.3 87.8 104.5Jute......................................................... 127.3 116.5 95.0 96.7 89.3 81.0 62.0' 57.9 60.3 60.3 60.3 62.0 80.7

Fluid milk................................................... 110.2 110.9 110.3 108.1 104.3 103.5 107.0 110.1 113.8 114.8 113.1 108.9 109.6Milk for fluid use.................................. 110.8 111.5 112.1 107.4 102.5 101.9 108.5 110.5 114.6 117.0 116.2 113.2 110.5Milk for manufacturing.......................... 109.7 110.3 108.7 108.7 106.1 105.1 105.5 109.7 113.1 112.6 110.0 104.8 108.7

Eggs.................................. ......................... 80.8 74.3 76.6 81.7 74.3 81.0 112.9 114.2 112.5 124.8 117.6 99.6' 95.9Hay, hay seeds and oil seeds..................... 101.6 100.9 97.1 95.5 96.0 98.5 100.5 99.9 96.4 96.7 98.5 98.3 98.3

Hay........................................................... 121.4 120.7 117.1 119.7 112.6 108.5 108.2 105-.4 110.5 112.8 114.3 111.7 113.6Hay seeds................................................. 121.0 119.8 118.7 118.2 117.7 115.3 115.3 106.9 98.8 99.4 93.6 90.8 109.6Oilseeds.................................................. 96.3 95.6 91.5 89.1 91.1 95.2 97.8 98.2 93.6 93.5 9< 0 96.5 94.5

Other farm products.................................... 137.7 138.6 138.6 136.7 137.1 136.7 138.1 137.6 136.6 136.0 132.5 134.7 136.7Green coffee, tea, and cocoa.................. 169.7 170.1 170.3 166.2 166.7 165.5 169.1 167.9 168.2 166.5 164.2 163.8 167.3Leaf tobacco..................... ...................... 112.3 113.6 113.3 113.3 113.6 113.8 113.6 113.6 111.5 111.8 107.3 111.5 112.4

PROCESSED FOODS.............................................. 110.1 109.5 109.2 108.0 108.6 108.5 110.0 110.5 110.3 108.5 107.7 104.3 108.8Cereal and bakery products...-.................... 107.5 107.4 107.5 107.4 107.0 106.7 106.5 106.4 106.5 106.4 107.1 106.8 106.9Meats, poultry, and fish............................ 113.5 110.8 111.0 109.4 112.1 110.1 110.6 112.3 109.4 104.1 102.0 93.9 108.3

Meats....................................................... 114.6 112.1 112.5 111.1 114.3 112.4 113.1 115.2 110.8 105.7 101.5 93.2 109.7Dressed poultry....................................... 89.8 91.8 87.3 87.2 84.6 83.6 82.8 85.3 86.2 80.7 86.8 85.1 85.9Unprocessed fish...................................... 136.4 118.4 117.2 111.9 114.8 107.9 111.6 101.8 129.3 111.8 138.6 108.6 117.4Fresh processed fish.............................. 111.9 108.8 111.5 101.1 99.2 100.7 101.1 103.0 107.7 103.7 113.8 116.5 106.6Frozen fish................................. *.......... 110.5 110.9 109.6 103.8 102.3 104.0 102.6 102.2 107.6 103.6 102.8 110.9 105.9Canned fish............................................. 98.9 99.2 102.2 101.9 102.2 99.4 96.8 96.3 91.3 92.0 94.7 94.6 97.5

Dairy products and ice cream..................... 113.2 115.1 113.3 112.2 110.6 110.1 113.8 114.3 116.4 115.9 115.5 113.0 113.6Canned, frozen, fruits and vegetables....... 105.7 104.8 104.9 104.6 104.2 103.5 103.9 105.1 105.9 105.9 106.0 105.0 105.0

Canned fruits and juices........................ 103.6 102.2 103.3 103.3 103.1 102.8 103.6 105.3 105.5 105.7 106.0 103.8 104.0Frozen fruits and juices........................ 92.4 92.4 92.4 92.4 91.9 87.1 86.2 87.5 90.8 90.8 90.8 90.3 90.4Canned vegetables and soups.................... 108.4 107.9 107.3 106.9 106.4 105.6 105.9 107.0 107.9 108.0 108.0 107.9 107.3Frozen vegetables.................................... 93.3 91.8 91.8 91.8 91.8 91.8 91.8 91.8 91.8 88.9 88.9 84.5 90.8

Sugar and confectionery............................ 105.9 106.1 107.2 109.4 109.2 110.9 111.6 110.7 110.5 110.7 109.9 108.2 109.2Packaged beverage materials....................... 162.5 163.1 163.1 161.9 161.9 161.9 161.9 161.9 161.9 161.9 161.9 161.9 162.2Animal fats and o ils .................................. 78.9 74.5 68.0 65.2 65.2 64.1 64.8 63.1 60.4 58.4 57.0 51.0 64.2Crude vegetable o ils ................................. 60.2 58.0 55.8 49.5 55.6 , 60.8 60.4 62.1 63.3 63.9 66.8 71.1 60.6Refined vegetable o ils ............................... 68.6 69.1 63.4 61.1 60.2 66.6 69.5 68.6 65.7 64.9 67.0 69.3 66.2Vegetable oil end products........................ 84.9 80.2 79.4 77.8 75.1 78.1 78.9 79.2 80.8 81.7 81.1 81.7 79.9Other processed foods................................ 114.6 115.4 116.0 107.8 112.8 118.4 126.6 125.2 127.6 124.1 122.1 116.9 119.0

Jams, je llies, and preserves.................. 97.8 97.8 97.8 97.8 97.8 99.9 99.9 99.9 99.9 99.9 99.9 101.8 99.2Pickles and pickle products................... 109.0 109.0 109.0 109.0 109.0 109.0 109.0 109.0 109.0 109.0 109.0 109.0 109.0Processed eggs.......... .............................. 89.6 80.1 79.0 78.3 81.0 87.8 94.7 97.8 95.3 95.6 97.8 99.0 89.7Miscellaneous.................................... 122.6 125.8 126.8 115.0 121.8 128 ;3 138.8 136.2 140.3 135.0 131.6 123.5 128.8

TEXTILE PRODUCTS AND APPAREL......................... 103.3 102.1 100.6 99.9 99.3 99.0 98.9 99.1 99.5 99.2 98.6 98.2 99.8Cotton products.......................................... 102.8 101.0 99.6 98.6 97.2 95.4 96.1 97.6 98.9 99.2 98.4 97.7 98.5

Yams.................................. .................... 110.1 107.1 103.6 102.0 100.4 100.6 102.1 103.6 106.1 106.3 104.5 101.7 104.0Broad woven goods.................................... 100.8 99.1 97.3 96.5 95.0 93.3 94.2 95.4 96.7 97.1 96.3 95.7 96.4Narrow fabrics........................................ 100.5 100.5 100.5 95.8 95.8 89.8 89.8 89.8 89.8 90.1 90.1 90.1 93.6Thread...................................................... 105.6 105.6 105.6 105.6 105.6 104.9 104.9 104.9 104.9 104.9 104.9 102.8 105.0Housefuraishings.................... . ................ 103.5 101.9 101.8 100.9 99.6 96.9 97.1 99.4 100.7 100.7 100.3 100.3 100.3

Wool products............. ............................... 118.0 114.4 111.8 109.2 111.7 112.8 113.9 113.3 112.4 113.2 112.6 112.6 113.0Tops and noils......................................... 115.7 105.3 99.8 97.2 110.4 116.8 120.3 116.6 117.1 122.1 116.5 117.4 113.0Yams....................................................... 111.1 104.5 101.1 98.1 105.5 106.7 111.0 110.3 109.0 110.1 110.6 111.7 107.5Blankets, including part wool................ 138.2 138.2 135.9 135.9 135.9 135.9 135.9 135.9 135.9 135.9 135.9 135.9 136.3Broad woven fab ric s ....!........................ 119.0 117.5 115.9 113.2 112.2 112.2 112.0 112.0 110.7 110.6 110.7 110.3 113.0Knit outerwear fabrics............................ 129.7 129.7 120.3 117.3 117.7 118.4 119.6 119.9 120.3 120.7 120.7 119.6 121.2

Synthetic textiles..................................... 91.4 89.9 87.3 86.7 86.8 88.6 89.2 90.5 89.9 89.5 89.0 87.8 88.9Fibers...................................................... 109.5 109.5 107.8 106.5 106.5 106.5 106.5 107.4 107.1 106.9 106.7 105.4 107.2Spun yam................................................. 94.2 93.1 93.1 89.5 89.5 88.7 90.4 90.4 90.4 89.9 89.0 88.7 90.6Broad woven goods ................................... 78.0 75.2 71.6 71.4 71.5 75.0 76.0 77.9 76.8 76.2 75.5 74.1 74.9Knit goods............................................... 90.0 90.0 88.4 88.4 89.3 89.3 90.4 90.8 90.8 90.8 89.9 89.9 89.8Narrow fabrics......................................... 104.6 104.6 104.6 104.6 104.6 104.6 104'. 6 104.6 104.6 104.6 104.6 104.6 104.6

Silk products............................................. 126.0 130.2 129.1 128.4 128.8 129.8 134.7 139.3 139.3- 140.0 139.3 139.7 133.7Apparel....................................................... 101.7 101.7 101.6 . 101.2 100.8 100.3 99.5 99.1 99.3 98.4 98.3 98.3 100.0

Women's, misses' and juniors'................ 98.7 99.1 98.9 99.5 99.2 99.2 97.0 96.3 96.3 94.3 94.3 94.3 97.3Men' s and boys' ...................................... 105.0 104.9 104.8 103.6 103.2 102.2 102.7 102.5 102.9 103.0 103.0 103.0 103.4Hosiery....................................... . 88.0 88.0 88.0 87.9 87.4 87.2 86.5 86.5 86.5 86.2 85.7 85.7 87.0Infants' and children's.......................... 112.7 112.7 112.7 111.8 111.8 111.8 112.0 111.0 112.4 112.2 112.2 112.2 112.1Underwear, etc., principally knit......... 105.3 105.0 104.7 104.3 103.2 103.2 103.2 103.2 103.3 103.2 103.3 103.1 103.7Knit outerwear......................................... 117.0 114.4 114.4 112.0 110.3 107.4 107.4 107.4 107.4 107.4 107.4 107.4 110.0

Other textile products.......................1....... 133.3 126.4 107.0 110.0 98.6 98.7 94.4 90.4 95.0 94.5 86.9 84.4 101.7Burlap...................................................... 134.6 121.3 86.2 93.3 74.5 74.7 69.3 65.7 76.7 75.8 71.3 66.9 84.2Other products......................................... 131.7 132.8 132.8 130.6 128.3 128.3 125.6 120.9 117.7 117.7 106.3 106.0 123.2


Table 2.--Primary Market Price - Index Numbers by Groups, Subgroups, and Product Classes, by Months, 1952--Continued

Code No. Group, subgroup, and product class Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. Year

04 HIDES. SKINS. AND LEATHER PRODUCTS................. 102.2 99.5 98.0 94.1 94.7 95.9 96.2 96.5 96.5 96.6 97.6 99.0 97.204 1 Hides and skins............................................ 69.7 63.7 59.6 49.7 58.1 59.5 61.8 64.4 64.4 65.0 69.2 70.6 63.004 11 Cattlehides................................................ 62.8 57.4 54.3 42.8 57.7 59.1 61.4 63.6 61.7 61.9 66.0 63.0 59.304 12 Calfskins............................................ . 60.3 53.7 46.2 40.1 54.8 54.8 58.3 63.3 68.9 71.5 77.4 71.5 60.104 13 Kipskins........ ........................................... 77.9 66.4 62.8 53.5 76.1 81.4 78.8 78.8 79.7 78.3 83.6 93.4 75.904 14 Goatskins................................................... 80.5 73.4 66.2 54.1 51.6 55.1 56.5 60.5 64.5 65.9 65.5 70.7 63.704 15 Sheep and lamb skins................................. 119.6 113.7 112.2 108.6 67.7 67.7 70.6 71.5 69.1 69.1 76.9 113.5 88.304 2 Leather.................. ...................................... 97.0 89.5 87.6 84.4 84.5 88.9 89.3 89.3 89.3 89.9 90.1 92.9 89.404 21 Cattlehide___ ........................................... 99.3 88.6 84.1 80.6 81.5 89.1 89.3 89.3 88.8 89.1 89.0 91.7 88.404 22 Calf........................................................... 76.1 76.1 76.1 75.5 72.8 76.7 79.0 80.5 83.9 84.9 86.3 89.2 79.804 23 Sheep and lamb............... ............. ........... 103.7 99.7 98.3 94.3 91.5 91.5 91.5 91.5 90.2 92.9 94.3 101.0 95.004 24 Kid............................................................. 96.8 95.8 103.0 100.3 100.3 94.3 94.3 94.0 94.3 94.3 94.3 95.4 96.504 3 Footwear........................................................ 115.9 116.1 115.9 112.9 111.1 111.0 110.6 110.6 110.6 110.6 111.0 112.0 112.404 31 Men's, youth's, and boys'..*.................... 117.8 117.7 117.3 113.5 109.6 109.5 109.5 109.4 109.4 109.4 109.7 110.9 112.004 32 Women's and misses'.................................. 115.6 116.1 115.9 113.3 113.0 112.9 112.2 112.2 112.2 112.2 112.7 113.5 113.504 33 Children's and infants'............................ 108.4 108.4 108.4 106.3 105.1 104.6 104.6 104.6 104.6 104.6 104.6 106.6 105.904 4 Other leather products................................. 104.1 103.3 101.9 100.2 100.3 100.6 100.5 IX . 1 99.9 99.2 99.6 100.3 IX . 805 FUEL, POWER, AND LIGHTING MATERIALS............... 107.4 107.2 107.4 106.3 106.0 105.9 106.0 105.8 106.2 106.6 106.7 107.2 106.605 1 Coal.............................................................. 108.8 108.8 108.7 104.9 104.9 105.3 106.0 106.5 107.6 113.3 113.6 116.1 108.705 11 Pennsylvania anthracite.......................... . 125.2 125.2 125.2 117.5 117.9 119.0 120.6 122.4 124.5 129.4 129.4 141.3 124.805 12 Bituminous coal....................... ................. 106.0 106.0 105.8 102.8 102.7 102.9 103.5 103.7 104.7 110.5 110.9 111.8 105.905 2 Coke.............................................................. 124.3 124.3 124.3 124.3 124.3 124.3 124.3 124.3 124.3 124.3 124.3 129.0 124.705 3 Gas............................................................. 106.6 107.0 105.7 106.6 104.2 102.0 101.4 IX . 4 100.3 IX . 4 104.9 104.9 103.705 4 Electricity.................................................. 98.0 98.0 99.1 99.1 98.0 98.5 99.1 100.7 101.3 98.5 98.0 98.5 98.905 5 Petroleum and products................................. 110.8 110.4 110.6 109.5 109.9 109.6 109.4 108.3 108.5 108.5 108.1 107.9 109.305 51 Gasoline.................................................... 114.5 114.5 115.0 113.4 114.5 115.0 115.0 115.0 115.0 115.0 114.3 114.3 114.605 52 Kerosene................................................... 112.7 112.7 112.7 111.6 111.6 111.6 112.8 112.8 112.8 112.8 112.8 112.8 112.505 53 Distillate fuels....................................... 113.4 112.9 112.9 111.9 111.9 111.9 113.7 111.1 112.1 112.1 112.6 112.6 112.405 54 Residual fuels........................................... 99.5 97.2 97.2 95.6 94.9 91.8 87.4 80.7 80.7 80.7 80.7 80.7 88.905 55 Lubricating o ils ............. ......................... 102.4 101.8 101.8 101.8 101.8 98.5 98.5 98.5 98.5 97.5 96.5 92.7 99.205 56 Crude petroleum......................................... 109.0 109.0 109.0 109.0 109.0 109.0 109.0 109.0 109.0 109.0 109.0 109.0 109.005 57 Natural gasoline....................................... 101.5 101.5 79.5 79.5 79.5 79.5 79.5 83.6 101.5 101.5 101.5 101.5 90.806 CHEMICALS AND ALLIED PRODUCTS......................... 106.7 105.9 105.4 104.8 104.3 104.3 104.2 104.0 104.0 103.9 103.5 103.3 104.506 1 Industrial chemicals.................................... 118.1 117.5 117.0 116.8 115.1 114.9 114.7 114.6 114.3 113.9 112.7 112.3 115.206 11 Inorganic chemicals.................................. 119.2 119.4 120.2 119.2 119.5 119.5 119.5 119.4 119.2 119.2 119.3 119.3 119.406 12 Organic chemicals...................................... 117.6 116.6 115.4 115.6 112.8 112.6 112.3 112.2 111.9 111.4 109.7 109.0 113.106 13 Essential o ils ........................................... 113.9 111.1 113.1 115.0 115.6 111.4 108.4 107.8 102.5 98.6 91.4 89.4 106.506 2 Paint and paint materials............................ 109.3 108.7 107.9 108.0 107.3 107.0 106.9 106.9 107.0 106.5 106.3 106.1 107.306 21 Prepared paints......................................... 109.4 109.7 109.8 110.6 110.6 110.6 110.6 110.6 110.6 110.6 110.5 110.5 110.406 22 Paint materials......................................... 108.9 106.5 103.4 101.9 99.7 98.6 98.4 98.1 98.7 96.8 96.5 95.8 100.306 3 Drugs, pharmaceuticals, cosmetics............... 94.8 93.4 93.1 92.7 92.2 92.2 92.1 92.1 92.1 92.0 91.9 91.3 92.506 31 Drug and pharmaceutical materials............ 68.6 65.7 64.2 63.7 63.2 63.0 62.8 62.7 62.7 62.4 61.8 58.6 63.306 32 Cosmetics, perfumes, etc.......................... 108.0 107.6 107.6 107.6 107.6 107.6 107.6 107.6 107.6 107.4 107.5 107.5 107.606 4 Fats and oils, inedible............................... 56.8 51.2 47.3 42.6 47.2 52.0 49.8 47.5 48.9 51.0 53.1 52.8 50.006 5 Mixed fertilizer........................................... 108.5 108.6 108.6 108.6 108.6 108.7 108.7 108.7 110.3 110.7 110.9 111.1 109.306 6 Fertilizer materials.................................... 109.4 109.6 109.6 109.8 111.5 109.9 110.7 110.9 111.0 111.0 111.1 113.0 110.606 61- Nitrogenates........ .................................... 111.1 111.6 111.6 111.9 111.2 111.4 111.3 111.6 111.7 111.4 111.6 113.5 111.606 62 Phosphates................................................. 107.9 107.9 107.9 107.9 113.7 113.7 113.7 113.7 113.7 114.2 114.2 114.2 111.906 63 Potash........................................................ 105.9 105.9 105.9 105.9 105.9 90.2 98.1 98.1 98.8 98.8 98.8 106.6 101.606 7 Other chemicals and products....................... 104.2 104.2 104.1 103.0 103.0 103.0 103.1 103.1 103.0 103.0 102.9 103.1 103.306 71 Soap and detergents.................................. 89.7 89.7 89.9 87.8 87.8 87.8 88.1 88.1 87.8 87.8 87.7 88.0 88.406 72 Explosives................................................ 114.6 116.7 116.7 116.7 116.7 116.7 116.7 116.7 116.7 116.7 116.7 116.7 116.506 73 Plastics................................... ................ 127.6 126.2 125.7 125.7 125.7 125.4 125.4 125.4 125.4 125.4 125.4 125.7 125.806 74 Photographic materials........ ............. . 113.3 114.9 114.9 114.9 114.9 114.9 115.0 115.0 115.0 115.0 115.0 115.0 114.807 RUBBER AND PRODUCTS......................................... 144.1 143.1 142.0 140.6 140.4 133.4 IX .0 127.8 126.3 126.0 126.4 127.7 134.007 1 Crude rubber................................................. 197.3 193.3 187.9 182.7 182.7 152.7 138.6 136.3 128.3 126.6 I X .3 . 137.3 157.807 11 Natural.................. ................................... 258.9 251.0 251.0 240.8 240.8 181.6 153.9 149.5 133.7 IX . 4 137.6 151.4 IX . 007 12 Synthetic................................................... 135.2 135.2 122.6 122.6 122.6 122.6 122.6 122.6 122.6 122.6 122.6 122.6 124.707 '13 Reclaimed................................................. 123.7 123.7 123.7 123.7 123.7 123.7 123.7 123.7 123.7 123.7 123.7 123.7 123.707 2 Tires and tubes............................................ 133.4 133.4 133.4 133.0 133.0 130.5 129.6 126.3 126.3 126.3 126.3 126.3 129.807 21 Casings...................................................... 136.4 136.4 136.4 136.0 136.0 133.8 133.0 129.4 129.4 129.4 129.4 129.4 132.907 22 Tubes.................................. ...................... 105.8 105.8 105.8 104.9 104.9 99.2 97.8 97.8 97.8 97.8 97.8 97.8 101.107 3 Other rubber products.'................................ 129.8 129.1 128.8 128.2 127.6 127.1 125.8 125.2 125.2 125.2 124.3 124.3 126.707 31 Footwear.................................................... 122.6 122.6 122.6 122.6 122.6 121.0 118.7 118.7 118.7 118.7 118.7 118.7 120.507 32 132.0 132.0 132.0 132.0 132.0 132.0 131.4 131.4 131.4 131.4 131.9 131.9 131.807 33 Belts and belting...................................... 133.3 133.1 133.1 130.8 128.4 128.4 128.4 128.4 128.4 128.4 124.6 124.6 129.207 34 Other products...................................... 133.6 131.2 130.3 130.3 130.3 IX . 3 128.4 126.4 126.4 126.4 126.4 126.4 128.908 LUMBER AND WOOD PRODUCTS................................. 120.1 120.3 120.5 120.9 120.7 119.9 120.2 120.5 120.4 120.2 119.7 119.7 120.308 1 Lumber........................................................... 120.4 120.6 120.7 121.3 121.1 120.1 120.4 '120.6 120.6 120.2 120.0 119.8 120.508 11 Douglas f i r ............................................... 125.7 128.0 127.7 130.5 130.3 128.1 128.5 128.3 127.4 125.8 124.9 122.9 127.308 12 Southern pine........................................... 116.5 116.3 116.1 116.0 116.0 115.6 116.0 117.0 117.8 118.0 118.3 118.4 116.908 13 Other softwoods............. ........................... 126.3 126.6 127.1 127.6 127.1 127.5 128.0 129.7 129.9 129.3 129.2 129.9 128.208 14 Hardwoods............................................... . 115.1 114.3 114.5 114.1 113.8 112.3 112.2 110.9 110.5 110.8 110.5 111.1 112.508 2 Millwork....................................................... 127.0 126.3 126.8 126.4 126.4 126.4 126.8 127.2 127.2 127.7 127.5 128.3 127.008 3 Plywood....................................................... 104.2 104.8 105.6 105.6 105.6 105.7 105.8 106.0 106.0 106.1 102.3 102.3 105.008 31 Softwood.................................................... 106.3 110.1 111.9 111.9 111.9 112.3 112.5 112.9 112.9 113.1 103.9 103.9 110.308 32 Hardwood.................................................... 102.7 101.1 101.1 101.1 101.1 101.1 101.1 101.1 101.1 101.1 101.1 101.1 101.309 PULP. PAPER. AND ALLIED PRODUCTS.................... 118.2 118.3 117.7 117.4 116.9 116.7 115.3 115.6 115.6 115.5 115.5 115.9 116.509 1 Woodpulp........ ............................................... 114.5 114.5 114.5 113.3 113.3 113.3 109.3 109.3 109.3 109.3 108.8 108.8 111.509 2 Wastepaper............. ....................... ............. 89.5 87.3 70.0 70.0 55.1 55.1 44.3 65.7 78.5 71.2 65.7 89.3 70.109 3 Paper............................................................ 122.8 123.7 123.8 123.5 123.5 124.2 123.8 124.0 124.0 124.9 124.9 124.9 124.009 31 Paper, except newsprint...,..................... 123.1 124.3 124.4 124.0 123.9 123.9 123.4 122.9 122.9 122.9 122.9 122.9 123.509 32 Newsprint................................................... 122.0 122.0 122.0 122.2 122.2 124.9 124.9 127.5 127.5 IX . 9 IX .9 IX . 9 125.609 4 Paperboard.................................................... 130.6 130.3 130.3 130.3 129.8 129.3 125.4 124.6 124.6 124.6 124.8 124.4 127.409 41 Container board......................................... 115.6 115.6 115.6 115.6 115.6 115.6 115.6 115.6 115.6 115.6 115.6 115.6 115.609 42 Folding boxboard...................................... 150.0 149.0 149.0 149.0 149.0 149.0 141.4 140.0 140.0 140.0 140.4 140.4 144.809 43 Setup boxboard..................... .................... 135.2 135.2 135.2 135.2 132.6 IX . 5 123.6 122.1 122.1 122.1 122.3 120.2 128.009 5 Converted paper and paperboard.......... ......... 115.9 115.8 115.0 115.0 114.5 113.7 113.2 113.0 112.6 112.2 112.3 112.3 113.809 51 Sanitary papers..................... .................. 120.0 119.3 119.1 118.9 118.9 117.8 117.8 117.7 118.4 117.8 117.8 117.8 118.509 52 Bags and sacks............................ .............. 114.9 114.9 114.9 114.9 114.9 114.9 114.9 114.9 114.9 114.9 114.9 114.9 114.909 53 Boxes and containers................................. 115.5 115.5 114.4 114.4 113.7 112.5 111.7 111.4 111.1 110.6 110.6 110.6 112.709 54 Packaging accessories................. ........... 114.9 114.9 114.9 114.9 114.9 114.9 114.9 114.9 111.4 110.2 110.2 110.2 113.409 55 Games, toys, and novelties....................... 114.1 114.1 114.1 114.1 114.1 114.1 114.1 114.1 114.1 114.1 123.8 123.8 115.709 56 Office supplies....................-.................... 115.4 115.1 115.1 115.1 114.4 114.6 114.6 114.0 112.4 112.2 112.2 112.2 113.909 6 Building paper and board............................. 113.4 113.4 113.4 113.8 115.8 115.8 115.8 115.8 115.8 115.8 118.2 118.2 115.5


Table 2.--Primary Market Price - Index Numbers by Groups, Subgroups, and Product Classes, by Months, 1952--Continued

Code No. Group, subgroup, and product class Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. Year

10 METAIS AND METAL PRODUCTS............................. 122.4 122.6 122.6 122.5 121.8 121.1 121.9 124.1 124.6 124.1 123.9 124.0 123.010 1 Iron and steel.................................. ......... 123.1 123.2 123.2 123.0 122.8 122.4 122.3 127.2 127.5 127.3 127.0 127.0 124.710 11 Iron ore....................... .......................... 132.3 132.3 132.3 132.3 132.3 132.3 132.3 144.3 144.3 144.3 145.9 145.9 137.610 12 Iron and steel scrap.............................. 115.8 115.8 115.8 115.8 113.5 112.3 112.3 114.5 115.4 114.2 112.3 112.3 114.210 13 Semi-finished steel................................. 128.3 128.3 128.3 128.3 128.3 128.3 128.3 135.3 135.3 135.3 135.3 135.3 131.210 14 Finished steel.......................... 124.9 124.9 124.9 124.9 124.9 124.5 124.4 130.8 130.8 130.7 130.5 130.6 127.210 15 Foundry and forge shop products............. 120.0 120.1 120.1 119.5 119.5 119.4 119.5 119.5 120.0 120.2 120.2 120.2 119.910 16 Pig iron and ferro alloys....................... 126.6 126.6 126.6 126.6 126.6 126.6 126.6 136.9 136.9 136.9 136.9 136.9 130.910 2 Nonferrous metals..................... .......... 124.2 125.0 124.9 124.8 122.0 120.0 124.0 124.4 124.7 122.9 122.5 122.3 123.510 22 Primary metal refinery shapes............. . 129.0 131.7 131.8 131.8 125.7 119.2 118.9 117.2 118.2 113.7 112.2 111.8 121.810 23 Scrap............................................... 126.3 126.6 126.6 126.6 121.2 119.5 122.1 121.8 121.9 119.1 118.6 118.4 122.410 24 Secondary metal and alloy shapes............ 126.9 129.9 129.6 127.9 121.2 119.7 120.9 120.5 120.7 117.0 116.7 116.3 122.310 25 Mill shapes...1 ................................... 123.2 123.3 123.3 123.3 122.4 121.8 126.2 128.4 128.5 127.8 127.7 127.7 125.310 26 Wire and cable........................................ 119.5 119.2 119.0 119.0 119.0 118.1 127.0 126.9 126.9 126.9 126.9 126.7 122.910 3 Metal containers............... .................. . 120.6 120.6 120.5 120.5 120.5 120.5 120.5 120.7 124.2 125.1 125.1 125.4 122.010 4 Hardware.................................... ................. 125.8 125.9 126.8 126.9 126.9 123.9 123.9 123.8 123,8 125.3 125,3 125.9 125.410 41 Hardware, not elsewhere classified........ 127.7 128.2 131.0 131.3 131.3 122.3 122.3 122.3 122.3 122.3 122.3 122.3 125.510 42 Handtools............................................... 124.8 124.7 124.7 124.7 124.7 124.7 124.7 124.5 124.6 126.9 126.9 127.7 125.310 5 Plumbing equipment..................... ............. 116.6 116.7 116.7 116.3 116.0 118.0 118.1 118.1 118.1 118.1 118.1 118.1 117.410 51 Enameled iron fixtures............................ 122.2 121.9 121.9 121.9 121.9 122.9 122.6 122.6 122.6 122.6 122.6 122.6 122.410 52 Vitreous china fixtures.......................... 120.5 120.5 120.5 120.5 120.5 123.0 123.0 123.0 123.0 123.0 123.0 123.0 122.010 53 Enameled steel fixtures................... . 115.4 117.0 117.0 117.0 117.0 117.0 117.0 117.0 117.0 117.0 117.0 117.0 116.810 54 Brass fittings......................................... 111.4 111.4 111.4 110.4 109.9 112.6 113.1 113.1 113.1 113.1 113.1 113.1 112.210 6 Heating equipment....................................... 114.0 114.0 114.0 113.9 113.7 113.5 113.6 113.7 113.7 113.7 113.6 113.6 113,810 61 Steam and hot water.......................... 125.1 125.1 125.1 125.1 124.9 124.9 124.9 124.9 124.9 124.9 124.9 124.9 124.910 62 Furnace, warm air.................................. . 117.0 117.0 117.0 117.0 116.7 116.7 116.9 117.1 117.4 117.4 117.2 117.2 117.010 63 Fuel burning equipment, automatic.......... 106.4 106.4 106.4 106.4 106.4 105.7 105.7 105.7 105.7 105.7 105.3 105.3 105.910 64 Circulators............................... ............. 107.5 107.5 107.5 107.5 107.2 107.2 107.2 107.2 107.2 107.2 107.2 107.2 107.310 65 Unit heaters.................................. . . . . . . 115.2 115.2 115.2 115.2 115.2 115.2 115.2 115.2 115.2 115.2 115.2 115.2 115.210 66 Water heaters, domestic......................... 114.2 114.2 114.2 113.4 113.4 113.2 113.0 113.3 113.3 113.3 113.3 113.3 113.510 7 Fabricated structural metal products........ 115.8 115.5 115.5 115.4 115.4 115.4 115.4 115.4 115.6 114.0 114.1 113.9 115.110 71 Metal doors, sash, and trim.................... 117.7 117.7 117.7 117.7 117.7 117.7 117.7 117.7 117.7 117.7 117.7 117.7 117.710 72 Boilers and sheet metal products.......... 114.5 114.1 114.1 113.9 113.9 113.9 113.9 113.9 114.2 111.5 111.7 111.4 113.410 8 Fabricated nonstructural metal products... 124.4 124.4 124.4 124.4 124.4 124.4 124.4 124.6 125.6 125.8 125.9 126.5 124.910 81 Bolts, nuts, screws, and rivets............. 139.1 139.1 139.1 139.1 139.1 139.1 139.1 139.1 141.0 141.5 141.8 141.8 139.910 82 Other fabricated metal products............. 119.5 119.5 119.5 119.5 119.5 119.5 119.5 119.8 120.6 120.7 120.7 121.5 120.0

11 MACHINERY AND MOTIVE PRODUCTS....................... 120.8 122.0 121.8 121.6 121.6 121.3 121.4 121.4 121.5 121.3 121.4 121.4 121.511 1 Agricultural machinery and equipment........ 121.5 121.8 121.8 121.6 121.5 121.5 121.5 121.5 121.5 121.5 121.6 121.7 121.611 11 Tractors, farm use............. .................... 117.4 117.7 117.7 117.7 117.8 117.8 117.8 117.8 117.8 117.8 117.7 117.9 117.711 12 Farm machinery.......... .............................. 124.2 124.4 124.4 124.0 124.0 124.0 124.0 124.0 124.0 124.0 124.2 124.4 124.111 13 Farm equipment......................................... 123.7 123.8 123.8 124.0 123.2 122.7 122.7 122.7 122.7 122.4 122.4 122.4 123.011 2 Construction machinery and equipment........ 124.6 125.2 124.9 124.9 125.3 125.4 125.4 125.3 125.8 125.8 126.2 126.3 125.411 21 Power cranes, e tc . . . . . ............................ 123.6 124.6 123.7 123.7 123.9 123.9 123.9 124.0 124.0 124.0 124.0 124.1 123.911 22 Machinery, tractor-mounting.................... 127.5 127.5 127.5 127.5 130.9 131.0 131.0 130.5 131.3 131.3 131.3 131.3 129.911 23 Specialized machinery.......................... . 119.5 119.5 119.7 119.7 119.1 119.1 119.1 119.1 119.0 119.5 119.4 119.3 119.311 24 Portable air compressors......................... 124.8 124.8 124.8 124.8 124.8 124.8 124.8 124.8 124.8 124.8 124.8 124.8 124.811 25' Scrapers and graders............. ................. 128.6 128.7 128.5 128.5 129.1 129.4 129.4 129.2 128.5 128.2 129.6 129.6 128.911 26 Air tools, hand held............................... 120.5 120.5 120.5 120.5 120.5 120.5 120.5 120.5 120.5 120.5 120.5 120.5 120.511 27 Mixers, pavers, etc................................. 118.5 118.4 118.1 118.1 118.1 118.1 118.1 118.1 118.1 118.1 118.1 118.1 118.111 28 Tractors (other than farm)..................... 126.5 127.9 127.9 127.9 128.0 128.1 128.1 128.1 130.2 130.2 130.9 131.1 128.711 3 Metal working machinery and equipment....... 127.5 128.1 127.9 127.9 128.0 127.9 129.0 129.1 129.2 129.1 128.9 129.0 128.511 33 Metal working presses............................. 132.3 138.5 138.5 138.5 138.5 138.5 138.5 138.5 138.5 138.5 138.5 138.5 138.011 34 Power driven hand tools....................... . 113.3 113.4 113.4 113.4 113.3 113.3 113.3 113.3 113.3 113.3 113.3 113.3 113.311 35 Other metal working machinery................. 130.2 130.2 130.8 130.7 131.9 131.9 131.9 131.9' 131.6 131.6 131.6 131.6 131.311 36 Small cutting tools................................. 121.5 120.1 119.2 119.2 119.2 119.1 119.1 119.1 119.0 119.0 118.3 118.3 119.311 37 Precision measuring to o ls ... ................. 117.6 117.6 117.6 117.6 117.6 116.8 116.8 116.8 117.6 116.4 116.4 116.9 117.211 38 Other accessories.................................... 108.4 108.4 108.4 108.4 108.4 107.6 121.3 121.3 121.3 121.3 121.3 121.3 114.811 4 General purpose machinery and equipment... 123.5 123.3 123.0 123.1 123.1 122.4 122.2 122.2 122.3 121.8 121.8 121.9 122.611 41 Pumps, compressors, etc......................... 122.9 123.2 123.2 123.2 123.2 123.2 123.2 123.2 123.2 123.2 123.2 123.5. 123.211 42 Elevators and escalators......................... 114.1 114.1 114.1 114.1 114.1 114.1 114.1 114.1 114.1 114.1 114.1 114.1 114.111 43 Industrial furnaces and ovens........ . 129.0 129.0 129.0 129.2 129.2 129.2 129.2 129.2 129.4 129.4 129.4 129.4 129.211 44 Industrial material handling equipment.. 127.4 127.4 127.1 127.1 127.1 127.1 127.1 127.1 126.9 127.0 126.9 127.1 127.111 45 Mechanical power transmission equipment. 125.7 125.7 124.4 124.4 124.4 124.4 124.4 124.4 124.4 124.4 124.5 124.5 124.611 46 Industrial scales.................................... 119.0 119.0 119.0 119.0 119.0 119.0 119.0 119.0 119.0 119.0 119.0 119.0 119.011 47 Fan and blowers (excluding portable).... 139.3 138.4 136.8 136.7 136.7 136.7 136.7 136.7 136.7 136.7 136.7 136.7 137.111 5 Miscellaneous machinery..................... . 120.1 120.2 119.4 119.3 119.2 119.0 119.0 119.1 119.2 119.4 119,6 119.6 119.411 51 Oil fie ld ................................................ 119.9 119.9 119.9 119.7 119.7 119.6 119.6 119.6 120.1 120.4 121.0 121.0 120.111 52 Mining..................................................... 133.0 131.9 132.0 132.0 132.0 132.0 132.0 132.0 132.0 132.0 132.0 132.0 132.111 53 Office and store..................................... 108.3 108.7 108.7 108.7 108.7 108.3 108.3 108.6 108.6 109.0 109.0 109.0 108.711 54 Internal combustion (excluding auto and

a ir )...................................................... 129.6 129.8 127.2 127.2 126.9 126.9 126.9 126.9 126.9 126.9 127.1 127.2 127.411 7 Electrical machinery and equipment............ 121.5 121.6 121.5 120.9 120.8 120.0 119.9 119.8 119.7 119.0 119.5 119.6 120.311 72 Integrating instruments.......................... 119.4 118.7 118.5 118.0 118.0 118.0 118.0 118.0 118.0 118.0 117.9 117.9 118.211 73 Motors and generators............................. 122.0 122.3 122.3 121.8 121.6 121.0 120.9 120.5 120.3 119.0 119.2 119.7 120.911 74 Transformers and regulators.................... 116.8 116.8 116.8 116.8 116.9 116.9 116.9 116.9 116.9 117.5 117.9 117.9 117.111 75 Switchgear and fuses........ ...................... 129.3 129.1 128.6 127.5 127.3 127.2 127.1 127.2 126.8 125.7 126.9 126.9 127.411 76 Arc welding.............................................. 119.0 119.0 119.0 119.0 119.0 119.0 119.0 119.0 119.6 120.1 120.1 120.4 119.411 78 Batteries............................... ................. 113.2 114.0 114.0 113.3 113.3 109.9 109.9 109.9 109.9 109.9 109.9 109.9 111.411 8 Motor vehicles...................... ................... 117.1 120.0 120.0 119.7 119.7 119.7 119.7 119.7 119.7 119.7 119.7 119.7 119.611 81 Passenger cars............................. .......... 117.9 122.0 122.0 121.6 121.4 121.4 121.4 121.4 121.4 121.4 121.4 121.6 121.311 82 Trucks............. ............. ............. .......... 115.6 116.0 116.2 116.1 116.4 116.4 116.4 116.4 116.4 116.4 116.4. 115.9 116.211 83 Coaches................................................... 111.1 111.1 111.1 110.9 110.9 ll.0 112.0 112.0 112.0' 112.0 112.0 112.0 111.6

12 FURNITURE AND OTHER HOUSEHOLD* DURABLES........ 112.3 112.4 111.9 112.1 111.7 111.6 111.6 111.5 112.0 112.0 112.1 112.3 112.012 1 Household furniture............................... 113.6 113.5 113.4 113.4 113.1 112.7 112.6 112.5 112.6 112.6 112.8 113.0 113.012 11 Metal....................................................... 111.0 111.0 111.0 111.0 111.0 111.0 111.1 111.1 111.1 110.6 110.8 110.9 111.012 12 Wooden.................. ....................... ........... 113.6 113.7 113.5 113.5 113.7 113.6 113.5 113

bls_1143_1953.pdf

Documents

p rim ary

arket p rices

ry of labor

fraser http

federal reserve bank

te r ia ls

arket p ric e s

manufactured p ro d