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UNITED STATES DEPARTMENT OF LABOR L. B. Schwellenbach, Secretary BUREAU OF LABOR STATISTICS E wan C laque , Commissioner + WHOLESALE PRICES, 1945 Bulletin No. 877 Bor sale by the Superintendent of Documents, U. S. Government Printing Office, Washington 25, D. C Price 25 cents Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Transcript
  • UNITED STATES DEPARTMENT OF LABORL. B. Schwellenbach, Secretary

    BUREAU OF LABOR STATISTICS E w a n C la q u e , Com m issioner

    +

    WHOLESALE PRICES, 1945

    B ulletin N o. 877

    Bor sale by the Superintendent of Documents, U. S. Government Printing Office, W ashington 25, D . CPrice 25 cents

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  • Letter of TransmittalU n ited States Depa r tm en t o p L abor,

    B ureau o f Labor Sta tistic s, Washington, D. Cn January 29,1947.The Secretary o f L abor:I have the honor to transm it herewith a report on wholesale prices during

    the year 1945. This bulletin gives a record of each of the primary market price indexes published during 1945 and monthly prices for approximately 900 comm odities, selected from the more than 10,000 primary market price series regularly maintained by the Bureau. The data shown in this report are first released in mimeographed statem ents giving prelim inaiy information. These preliminary reports are available upon request to persons who need the indexes or individual commodity prices.

    The data were collected by the Consumers' Prices Division, Ethel D. Hoover, Chief; and the Industrial Prices Division, Jesse M. Cutts, Chief. The bulletin was prepared under the direction of Galen B. Price, :n the General Price Research and Indexes Division.

    E w an C lague, Commissioner.Hon. L . B. S ch w ellen ba ch ,Secretary of Labor.

    ContentsSummary ........................................................................................................Index numbers, by groups and subgroups of commodities, 1945, year and

    months, and selected years........................................................................Weekly fluctuations .................. .....................................................................Daily index of 28 basic commodities.............................................................Strategic and critical materialsMarket price indexes...........................W aste and scrap materialsMarket price indexes... ................Standard machine toolsPrice indexes......................................................Construction machineryIndexes of manufacturers prices.................General and auxiliary machinery and equipmentIndexes of manufac

    turers p r ice s .........................................................................................................W holesale prices, index numbers, and relative importance of individual

    commodities .........................................................................................................

    Page1

    48

    10161718 181933

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  • B ulletin N o. 877 o f theU nited States Bureau o f L abor Statistics

    Wholesale Prices, 1945 Summary

    Primary market1 prices continued their wartime advance during 1945. In December 1945 prices were 2.3 percent above late 1944, and 42.8 percent above August 1939, the month before the outbreak of war in Europe. Prices increased steadily until the summer months, when decreases in farm products and foods lowered the wholesale price index to a point, in September, on a par with early 1945. The downward trend of the index was reversed during later months under the influences of price increases in agricultural commodities and continued advances for industrial goods.Pressures for higher prices were marked during the early months of the year. The unexpected expansion of demands for military goods intensified shortages, and there were further wartime rises in labor and other costs. During this period increases in price ceilings were granted by OPA for several important industrial commodities including pig iron, steel products, wood pulp, newsprint, and cotton textiles. Mill prices for 14 basic steel products were increased in May, and ceiling prices for bituminous coal and anthracite were advanced in May and June.Inflationary pressures remained strong after VE-day, and the close of the war in Europe had no immediate effect on prices. Some Government controls over production were relaxed during the period between victory in Europe and victory over Japan. After VJ-day the Governments reconversion program was embodied in the Executive order of August 18 under which many War Production Board controls over production and distribution were modified. By the end of the year, rationing had been suspended for all commodities except sugar. Price controls were generally maintained, however, preventing marked increases in prices. Despite relaxation of controls over production, shortages of goods remained acute. Toward the end of the year black- market operations were reported for many commodities, including corn, livestock, butter, apparel, and lumber, and new devices for circumventing price regulations developed. After VJ-day, pres1 The Bureau of Labor S tatistics wholesale price data, for the m ost p art, represent prices in prim ary m arkets. In general, the prices are those charged' by m anufacturers or producers or are those prevailing on commodity exchanges. The m onthly index is calculated from a m onthly average of 1-day-a-week prices. I t should not be compared directly w ith the weekly wholesale price index, which is designed as an indicator of week-to-week changes.

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  • sure for relief from price ceilings to cover higher costs and to encourage production was intensified by new demands for wage increases in some important industries.FARM PRODUCTS AND FOODS

    Rises of 4.8 percent and 2.9 percent in farm products and foods, respectively, were the largest advances shown for major groups of commodities from December 1944 to December 1945. Most agricultural .commodities shared in the rise over the year, with the largest advances in fresh fruits and vegetables and grains. A fractional decline during the early months in foods and sharp decreases during the summer months for farm products and foods were offset during the last quarter, when farm products advanced 5.8 percent and foods 3.5 percent. The declines were due chiefly to seasonal decreases in prices of eggs, to improved supplies of livestock, and to greater-than-seasonal price declines for certain fresh vegetables. Removal of distribution and slaughter controls followed VJ-day; a program of subsidy removal, including in most cases compensating ceiling-price increases, was begun with butter and peanut butter on November 1. Price control over white potatoes and citrus fruits was suspended September 14 and November 19, respectively (controls on citrus fruits were re-established in January 1946). At the years end farm products prices were at a level 4.6 percent above prices in May 1943 and 115.6 percent above August 1939. Food prices were 1.7 percent lower than in May 1943 and 61.6 percent above prices prevailing at the outbreak of the war in Europe.BUILDING MATERIALS

    Primary market prices of building materials advanced steadily during 1945, reaching a point in December 2.7 percent above late 1944 and 33.4 percent above August 1939 prices. Price increases reflected chiefly upward adjustments in OPA ceilings to improve profit margins and stimulate production, particularly of material needed for home construction. Brick and tile prices showed the largest increase, 10.8 percentmore than half as much in one year as in the 5 preceding years. Increases for other groups of building materials during the year ranged from 1.4 percent for paints and paint materials to 3.1 percent for cement. Revocation in October of WPB order L-41, on construction, led to further tightening of supplies of building materials and reportedly to reduced shipments of materials through normal distribution channels. This situation led to partial restoration of controls over building by the Civilian Production Administration in December.TEXTILE PRODUCTS

    Textile products advanced 1.9 percent during the year, largely influenced by a sharp rise in raw cotton prices, to the highest level in over 20 years14 percent above December 1944. Advancing prices of cotton staple resulted in increased price ceilings for cotton yarns and many popular cotton fabrics during the last half2Digitized for FRASER

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  • of 1945 under the provisions of the Bankhead amendment to the Stabilization Extension Act of 1944. Mill quotations for cotton goods reached a 25-year peak in the fourth quarter of 1945. Prices of hides and leather products rose 1.3 percent over the year, with increases for hides and skins and leather and slightly higher prices for shoes.FUEL AND LIGHTING MATERIALS

    Advances in priees for coal and coke were responsible for an increase of 2.0 percent in fuel and lighting materials. Utility rates, gasoline, and petroleum heating fuels, declined during the year. On May 1 an average increase of 16 cents per ton for bituminous coal was granted by OPA to cover the higher costs of new wage contracts, and on June 18 anthracite ceilings were raised 75 cents per ton to cover the higher labor costs of new wage contracts and restore profit margins. All anthracite and some bituminous coal price ceilings were raised again in December to assure producers minimum-profit margins. Higher prices of bituminous coal also necessitated upward adjustment of ceilings for coke. During 1945 anthracite prices reached the highest level in almost 20 years and bituminous coal prices the highest point in 22 years. Discontinuance of fuel rationing at the end of the summer, together with labor disputes and manpower shortages, caused shortages of coal and fuel oiL There were competitive price decreases for gasoline in the fourth quarter, as large stocks were accumulated.METALS AND METAL PRODUCTS

    An upward movement in prices of metals and metal products began in January and February with increases for 5 basic steel products and pig iron, and continued throughout 1945. In December, prices were at the highest level in 20 years1.7 percent above December 1944 and 13.3 percent above August 1939. Additional ceiling increases ranging from $2 to $7 per ton were allowed in May for carbon-steel products. Short supplies of many metals and machines led to increased demands during the later months for upward revision in OPA ceilings in order to encourage production. Steel industry spokesmen claimed that price increases granted in January and May were not sufficient to insure volume production. The authorized increases, the first industry-wide advances since 1939, raised prices for iron and steel products about 4 percent during 1945. Manufacturers of construction machinery were granted an interim 5.0 percent ceiling increase by OPA pending a cost study of the industry in order not to retard production, but many manufacturers took only part of the allowed increases. The supplies of both pig iron and scrap were inadequate to meet demands. Ceiling prices of pig iron were advanced 75 cents per gross ton in October in addition to the $l-per-ton increase granted in February.Prices for major nonferrous metals remained stable as subsidy payments remained in effect. Prices for mercury varied, dropping to $95.75 per flask in September with cancellation o f3

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  • the Governments dry-cell battery programthe lowest monthly average since August 1939and increasing to $108.50 per flask at the end of the year with increased export demand.CHEMICALS AND ALLIED PRODUCTS

    Prices of chemical products rose 1.4 percent during 1945 and at the years end were 0.4 percent less than the May 1942 wartime peak and 29.5 percent higher than in August 1939. Prices for oils and fats and mixed fertilizers remained generally unchanged throughout the year, while drugs and pharmaceuticals and chemicals rose 5.1 percent and 1.6 percent, respectively. Prices of drugs and pharmaceuticals in December were at the highest level since October 1942. Prices for glycerin, alcohol, ergot, nux vomica, chestnut and logwood extracts, and silver nitrate increased during the year. In October, price controls over both Imported and domestic botanical drugs, emetine hydrochloride, and other fine chemicals were lifted and in November the price of emetine hydrochloride in the.open market rose from $21.00 to $44.50 per ounce.HOUSEFURNISHINC GOODS

    Primary market prices of housefurnishing goods rose fractionally during the year. There were increases for bed linen, cotton blankets, and furniture. Shortages in the supply of most items continued to be of major importance. At the end of the year, OPA granted ceiling increases to furniture manufacturers in order to encourage output of low- and medium-priced articles. These increases ranged from 5 to 25 percent for all-wood furniture and from 5 to 12 percent for upholstered furniture.OTHER COMMODITIES

    The fractional increase in the group index for miscellaneous commodities was due chiefly to an advance of 1.8 percent in prices for paper and pulp, which rose to the highest level since 1926. There were price increases during the year for boxboard, wood pulp, and newsprint.Index Numbers, by Groups and Subgroups of Commodities

    1945, Year and Months, and Selected YearsIndex numbers of wholesale prices by groups and subgroups of commodities are shown for each month and the year 1945 in table 1, and for selected years in table 2. The commodities included in the groups raw material, semimanufactured articles, and manufactured products are listed in Wholesale Prices, 1944 (Bull. No. 870).

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  • T able 1.Index Numbers of Wholesale Prices, by Groups and Subgroups of Commodities, i945(1926**100]

    Group and subgroup January February March April May June July August September October November December YearAll commodities.................................................................... 104.9 106.2 106.3 105.7 106.0 106.1 106.9 106.7 106.2 106.9 106.8 107.1 106.8Farm products..................................................................... 126.2 127.0 127.2 129.0 129.9 130.4 129.0 126.9 124.3 127.3 131.1 131.5 128.2Grains........................................................................... 129.3 129.8 129.8 130.5 129.1 130.2 128.6 126.4 126.6 130.2 132.9 133.2 129.7livestock and poultry................................................... 131.1 133.8 135.6 136.4 135.6 134.4 133.3 130.7 128.5 130.5 131.8 129.6 132.5Other form products...................................................... 121.6 121.4 120.5 123.2 126.9 127.1 126.5 123.7 120.3 123.6 129.3 131.3 124.3Foods.;................................................................................ 104.7 104.7 104.6 106.8 107.0 107.5 106.9 106.4 104.9 106.7 107.9 108.6 106.2Dairy products...... ........................................................ 110.8 110.8 110.8 110.7 110.6 110.5 110.5 110.6 110.3 110.4 113.2 113.8 111.1Cereal products............................................................. 94.7 94.9 96.1 96.4 96.4 96.6 96.3 96.1 96.1 96.3 95.5 96.7 96.2Fruits and vegetables.................................................... 114.4 118.1 115.9 123.4 131.4 134.7 130.3 124.3 117.5 116.3 123.8 128.7 122.8Meats............................................................................ 106.4 106.6 107.7 108.2 108.6 108.3 108.0 107.9 107.9 107.9 107.9 107.9 107.8Other foods.................................................................... 97.3 96.1 94.7 94.7 94.7 96.1 96.6 96.8 94.9 98.6 100.7 100.6 96.6Hides and leather products................................................... 117.8 117.6 117.8 117*9 117.9 118.0 118.0 118.0 118.7 118.6 118.8 118.9 118.1Shoes............. ............................................................... 126.3 126.3 126.3 126.8 126.3 126.3 126.8 126.3 126.3 126.3 126.7 126.9 126.4Hides and skins............................... ............................. 114.8 116.4 116.4 117.0 117.0 117.3 117.6 117.8 118.1 117.6 117.6 117.6 117.0Leather......... ........................................................ ........ 101.3 101.3 101.3 101.3 101.3 101.3 101.3 101.3 103.8 103.8 103.8 104.1 102.2Other leather products.............. ....................... 116.2 116.2 115.2 115.2 115.2 115.2 115.2 115.2 115.2 115.2 115.2 115.2 115.2Textile products..................................................................doming......................................................................... 99.6 99.7 99.7 99.6 99.6 99.6 99.6 99.6 100.1 101.0 101.1 101.4 100.1107.4 107.4 107.4 107.4 107.4 107.4 107.4 107.4 107.4 107.4 107.4 107.4 107.4Cotton goods................................................................. 119.7 119.9 119.9 119.7 119.7 119.7 119.7 119.7 121.3 126.0 126.1 126.5 121.4Hosiery and underwear.................................................Silk................................................................................ 71.6 71.6 71.5 71.5 71.5 71.5 71.5 71.5 71.5 71.5 71.5 73.5 71.7Rayon ..................................................................... 30.2 30.2 30.2 30.2 30.2 30.2 30.2 30.2 30.2 30.2 30.2 30.2 80.2Woolen and worsted goods............................................ 112.7 112.7 112.7 112.7 112.7 112.7 112.7 112.7 112.7 112.7 112.7 112.7 112.7Other textile products.................................................... 100.9 100.9 100.9 100.9 100.9 100.9 100.9 100.9 101.3 101.4 101.9 101.9 101.1Fuel and lighting materials.................................................. 83.3 83.3 83.4 83.5 83.5 83.9 84.3 84.8 84.1 84.2 84.6 84.8 84.0Anthracite.................................................................... 96.3 96.3 95.3 96.3 96.6 97.5 101.6 101.8 102.2 102.2 102.2 103.4 99.0Bituminous coal........ .................................................... 120.6 120.6 120.6 120.6 123.2 123.8 123.9 124.7 124.7 124.8 124.8 126.0 123.1Coke.............................................................................. 130.7 130.7 130.7 130.7 130.7 131.0 131.0 134.0 134.9 134.9 134.9 134.9 132.5Electricity...................................................................... 60.0 61.1 69.0 68.7 68.5 59.6 60.3 61.5 66.5 66.7 68.0 68.7 62.3Gas................................................................................ 76.7 76.9 77.7 77.0 76.4 78.0 77.8 78.0 80.2 79.8 79.1 77.7 77.9Petroleum products....................................................... 64.3 64.3 64.3 64.2 64.2 64.2 64.2 64.2 62.6 62.1 61.7 61.6 63.5Metals and metal products.................................................. 104.0 104.2 104.2 104.2 104.3 104.7 104.7 104.7 104.9 106.0 105.2 106.6 104.7Agricultural implements................................................ 97.6 97.8 97.5 97.5 97.5 97.6 97.7 97.8 97.9 97.9 98.1 98.1 97.8Farm machinery..................................................... 98.7 98.7 98.7 98.7 98.7 98.7 98.7 98.8 98.9 98.9 99.1 99.1 98.8Iron and steel................................................................ 97.7 98.0 98.1 98.1 98.4 99.1 99.1 99.1 99.6 99.8 100.2 101.0 99.2Motor v eh ic les........................................................... 112.8 112.8 112.8 112.8 112.8 112.8 112.8 112.8 112.8 112.8 112.8 112.8 112 8Nonferrous metals......................................................... 86.9 86.9 86.9 86.9 86.9 86.9 86.9 86.8 86.7 86.7 85.8 85.8 85.8Plumbing and hearing................................................... 92.4 92.4 92.4 92.4 92.4 92.6 92.6 93.4 96.0 96.0 95.0 95.0 93.4

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  • Table 1.Index Numbers of Wholesale Prices, by Groups and Subgroups of Commodities, 19b5Continuedi m - 1001

    Group and subgroup .January February Much April May June July August September October November December TearFtiil^mr r_______ 116.8 117.0 117.1 117.1 117.3 117.4 117.5 117.8 118.0 118.3 118.7 119.5 117.8B n e k s n d t ile _____ _____________________ 110.4 110.5 110.7 110.6 110.7 110.9 111.7 111.6 112.4 115.2 116.7 116.7 112.4Cement ____ ________ _______________ . 97.4 99.0 99.4 99.4 99.4 99.4 99.4 99.4 99.6 99.9 100.1 100.5 99*4T.iimher............... ... . . . . ____ 194.2 154.4 154.3 154.4 154.9 154.9 155.1 155.3 155.0 155.2 155.5 157.8 155.1Paint and paint materials.............................................. 106.3 106.4 106.3 106.3 106.4 106.3 106.1 107.3 107.6 107.6 107.7 107.8 106.9Plumbing and heating_____ __________ . . . . . . __ _ 92.4 92.4 92.4 92.4 92.4 92.6 92.6 93.4 95.0 95.0 95.0 95.0 93.4Structural s te e l..... . . . . . . . . ...... ........ .....-________ 107.3 107.3 107.3 107.3 107.3 107.3 107.3 107.3 107.3 107.3 107.3 107.3 107.3Other building materials................................................ 103.5 103.6 103.8 103.8 104.1 104.3 104.3 104.3 104.5 104.6 105.4 105.9 104.4Chemicals and allied products_______________________ 94.9 94.9 94.9 94.9 94.9 95.0 95.3 95.3 95.3 95.5 95.7 96.1 95.2Chfttniftftljt,, ,,,,,,..... . . . . . _ _ _r _ ___________ 95.8 95.8 95.8 95.8 95.8 95.9 96.1 96.1 96.1 96.4 96.7 97.1 96.1Drugs and pharmaceuticals.____ _____ . . . ________ 106.9 106.9 106.8 106.8 106.8 109.5 110.2 110.2 110.2 110.3 110.7 112.3 109.0Fertiliser materials......................................................... 81.9 81.9 81.9 81.9 81.9 80.4 81.1 81.1 81.1 81.9 81.9 81.9 81.6Mixed fertilisers,,Tn, r . r _ _ _ ___ ______ _ 86.6 86.6 86.6 86.6 86.6 86.6 86.6 86.6 86.6 86.6 86.6 86.6 86.6Oils and fills ______________________ 102.0 102.0 102.0 102.0 102.0 102.0 102.0 102.0 102.0 102.0 102.0 102.0 102.0

    104.5 104.5 104.5 104.5 104.5 104.5 104.5 104.5 104.6 104.7 104.7 104.7 104.5yiirmftmtigft_ _- __ ___ _____________ ___ . 107.5 107.5 107.5 107.5 107.5 107.5 107.5 107.5 107.7 107.9 107.9 107.9 107.6Furniture.............. .. rr . r _ . __ _ __r 101.5 101.5 101.5 101.5 101.5 101.5 101.5 101.5 101.5 101.6 101.6 101.6 101.5Miscellaneous........... -T. _ .r ............... __ .. 94.2 94.6 94.6 94.8 94.8 94.8 94.8 94.8 94.8 94.8 94.8 94.8 94.8Automobile tires and tubes____ ______________ . . . 73.0 73.0 73.0 73.0 73.0 73.0 73.0 73.0 73.0 73.0 73.0 73.0 73.0Cattle feed__________________________________ 159.6 159.6 159.6 159.6 159.6 159.6 159.6 159.6 159.6 159.6 159.6 159.6 159.6Paper and lilp- T _ __ ___ _ __ _ 107.6 108.0 108.0 109.0 109.0 109.0 109.0 109.3 109.3 109.3 109.3 109.3 108.8Crude, rubber........ ........................................................ 46.2 46.2 46.2 46.2 46.2 46.2 46.2 46.2 46.2 46.2 46.2 46.2 46.2Other miscellaneous____ ___________________ . . . . 98.2 98.9 98.9 98.9 98.9 98.9 98.9 98.9 98.9 98.9 98.9 98.9 98.9Raw m aterials.. . . . . . , _ r. , ................ ..................... 115.1 115.0 115.7 116.8 117.7 118.2 117.5 116.3 114.8 116.6 118.9 119.2 116.8Semimanufacturedartides. . . __, rrr _ , 94.9 95.0 95.0 95.0 95.0 95.4 95.3 95.5 96.5 96.8 96.9 97.6 95.9Manufactured prm!tn*l . . . _ _ _.r . rr__n . . r .in_n 101.3 101.5 101.6 101.8 101.$ 201.$ 201.8 201.8 101.7 101.9 102.2 102.5 101.SAll commodities other than farm products.. __ __ _. , 100.1 100.2 100.4 100.5 100.6 100.7 100.7 100.9 100.9 101.0 101.3 101.6 100.8All commodities other than farm products and foods. . T. r 99.1 99.2 99.2 99.3 99.4 99.6 99.7 99.9 99.8 100.1 100.2 100.5 99.7

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  • [1926-100]T able 2.Annual Index Numbers of Wholesale Prices by Groups and Subgroups ofCommodities

    Group and subgroup 1945 1944 1943 1942 1941 1940 1939 1929All commodities...................................................... 105.8 104.0 103.1 98.8 87.3 78.6 77.1. 95.3Fftfin I*rodOtaTn r r n r ii - - - 128.2 123.3 122.6 105.9 82.4 67.7 65.3 104.9Grains. n _........ _ _ r ____T____ 129.7 126.9 116.3 92.9 76.9 68.0 58.6 97.4Livestock and poultry__________________ 132.5 124.6 128.7 117.8 91.6 69.2 72.2 106.1Other farm products!__ _ ___________ 124.3 120.7 119.8 101.6 77.8 66.1 62.6 106.6Fonda___________________________ 106.2 104.9 106.6 99.6 82.7 71.3 70.4 99.9Dairy products. . 111.1 110.5 111.1 100.0 87.3 77.6 69.5 105.6Ceqpalproducts,. .. 95.2 94.8 93.7 89.2 80.7 78.3 74.8 88.0Fruits and ywretahls* , 122.8 121.3 121.3 95.5 67.5 63.1 62.0 97.8Meats............................................................. 107.8 106.1 110.3 111.8 90.4 73.3 77.2 109.1Other fpods..................................................... 96.6 95.0 97.3 92.3 78.9 63.5 64.1 93.9Hides and leather products.. _______ ___ 118.1 116.7 117.5 117.7 108.3 100.8 95.6 109.1Shoes_____ ' ________________ ___ 126.4 126.3 126.4 125.7 113.5 107.6 102.6 106.3ffidewdakiwr ___ ____________ ___________________ 117.0 109.9 114.7 117.6 108.4 91.9 84.6 112.7Leather.......................................................... 102.2 101.3 101.3 101.3 97.9 92.5 87.5 113.2Other leather products................................... 115.2 115.2 115.2 114.9 104.7 99.9 97.1 106.4Textile products, _ . ___________ _ _ _ _ _ 100.1 98.4 97.4 96.9 84.8 73.8 69.7 90.4Clothing- ritn, _,TTir___ 107.4 107.1 107.0 106.9 92.6 85.2 82.0 90.0Cotton goods,. . . r , r . r T - 121.4 115.7 112.7 112.4 94.2 71.4 67.2 98.8Hosiery'and underwear- - , 71.7 70.9 70.8 70.5 63.1 62.3 61.4 88.5sak._:_______________________ (i) (i) (>) (>)

  • Weekly FluctuationsTable 3 shows weekly indexes of wholesale prices by groups of commodities during 1945. These indexes are computed from 1-day-a-week prices to show week-to-week fluctuations. They are not directly comparable with the monthly wholesale price indexes given in tables 1 and 2.

    Table 3. W eekly Index Number* of Wholesale Commodity Prices, by Croupe(X92H-100)

    Weekending All commodities Farm , products 1 Foods| |Hides and | leather Textileproducts Fuel and lighting

    Metals and metal products materials1946Jan. 6........................ 104.6 125.9 104.6 117.9 99.0 83.6 103.9 116.413____________ 104.7 126.3 104.7 117.9 99.0 83.9 104.0 116.4

    20........................ 104.8 126.6 105.0 117.9 99.0 83.9 104.2 116.727____________ 104.7 125.8 104.4 117.9 99.0 83.9 104.3 116.7Feb. 3........................ 104.7 125.7 104.3 117.9 99.1 84.0 104.2 116.7

    10____________ 104.9 126.8 104.9 118.0 99.1 84.0 104.2 116.717____________ 105.0 127.2 104.8 118.0 99.1 83.8 104.3 116.924____________ 104.8 126.4 104.1 118.0 99.1 83.8 104.3 116.9Mar. 3____________ 105.0 127.2 104.5 118.1 99.2 83.8 104.3 116.9

    10........................ 105.1 127.1 104.5 118.1 99.2 83.8 104.3 116.917........................ 105.1 127.4 104.6 118.2 99.2 83.9 104.3 116.924........................ 105.1 127.0 104.5 118.2 99.2 83.9 104.3 116.931........................ 105.1 127.3 104.8 118.3 99.2 83.9 104.3 116.9Apr. 7........................ 105.1 127.2 104.9 118.3 99.2 84.0 104.3 117.014____________ 105.5 128.9 105.5 118.3 99.1 84.0 104.3 117.021____________ 105.6 129.5 105.7 118.3 99.1 83.9 104.3 117.028____________ 105.7 130.5 106.5 118.3 99.1 83.9 104.3 117.0May 5____________ 105.7 129.8 106.5 118.3 99.1 84.0 104.3 117.012____________ 105.7 129.5 106.6 118.3 99.1 84.3 104.3 117.2

    10____________ 105.8 129.5 106.8 118.3 99.1 84.6 104.3 117.226____________ 105.9 130.5 107.4 118.3 99.1 84.6 104.4 117.2June 2____________ 106.1 130.8 107.5 118.3 99.1 84.7 104.8 117.39____________ 106.0 130.7 107.3 118.3 99.1 84.5 104.8 117.316____________ 106.0 131.0 107.7 118.3 99.1 84.5 104.8 117.323........................ 105.9 130.0 107.3 118.3 99.1 84.7 104.8 117.330........................ 105.9 130.1 107.3 118.5 99.1 84.8 104.8 117.4July 7____________ 105.8 129.4 107.2 118.6 99.1 84.8 104.8 117.314____________ 105.6 128.2 106.2 118.5 99.1 84.8 104.8 117.3

    21____________ 105.6 128.5 106.5 118.5 99.1 84.8 104.8 117.328........................ 105.8 129.7 107.4 118.5 99.1 84.8 104.8 117.3Aug. 4------------------ 105.7 129.1 107.0 118.5 99.1 84.8 104.8 117.3

    11____________ 105.7 128.3 106.9 118.5 99.1 85.2 104.8 117.318____________ 105.5 127.0 106.3 118.6 99.1 85.3 104.8 117.825........................ 105.5 126.7 106.6 118.5 99.1 85.3 104.8 117.8Sept 1........................ 105.2 125.1 105.5 118.6 99.1 85.5 104.8 117.6

    8........................ 105.0 124.3 105.1 118.6 99.4 85.3 104.8 117.615____________ 104.7 123.6 104.6 118.6 99.4 84.4 104.8 117.722.......... ............ 104.9 124.5 105.1 118.6 99.6 84.5 104.8 117.729........................ 105.0 124.7 104.7 118.6 99.9 84.4 104.8 117.8

    Oct. 6........................ 105.2 125.7 105.3 118.4 99.9 84.5 104.8 117.913........................ 105.3 126.3 105.2 118.4 99.9 84.5 104.8 118.020. ...................... 105.5 126.9 105.8 119.1 99.9 84.5 105.1 118.127........................ 105.7 127.7 106.0 119.1 99.9 84.7 105.2 118.1

    Nov. 3_________ . . . 105.9 129.1 106.6 119.1 100.0 84.6 105.2 118.210........................ 106.1 129.5 107.0 119.1 100.5 84.5 105.3 118.617____________ 106.3 130.3 107.2 119.1 100.5 84.6 105.3 118.624........................ 106.7 132.1 108.7 119.1 100.5 84.6 105.3 118.7

    Dec. 1........................ 106.8 132.0 108.5 119.4 100.6 85.1 105.3 118.78........................ 106.5 130.3 108.1 119.4 100.6 85.2 105.3 118.715........................ 106.7 131.3 108.3 119.4 100.6 85.2 105.3 118.8

    22_______ . . . . . 106.8 131.5 108.6 119.4 100.6 85.2 105.3 118.829____________ 107.0 132.7 109.5 119.4 100.6 85.3 105.3 118.9

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

  • [1926-100]

    T abus 3. Weekly Index Numbers of Wholesale Commodity Prices, by GroupsContinued

    WeekendingChemicals and allied products

    House-furnishinggoodsMiscellaneous

    |Raw Semimanufacturedarticles

    ManufacturedproductsAll other than farm products

    All other than farm products and foods1948Jan. 6. . ______ 94.9 106.1 93.9 116.4 94.7 101.3 99.9 99.113____________ 94.9 106.1 94.0 115.6 94.7 101.4 99.9 99.2

    20____________ 94.9 106.1 94.0 115.8 94.8 101.0 100.0 99.327____________ 94.9 106.1 94.0 115.3 94.8 101.6 100.0 99.3Feb. 3____________ 94.9 106.2 94.1 115.3 94.8 101.6 100.1 99.3

    10____________ 94.9 106.2 94.1 116.0 94.8 101.6 100.1 99.317........................ 94.9 106.2 94.1 116.2 94.8 101.6 100.1 99.3U ____________ 94.9 106.2 94.1 115.7 94.8 101.6 100.1 99.3Mar. 3........................ 94.9 106.2 94.3 116.2 94.9 101.6 100.1 99.4

    10____________ 94.9 106.2 94.4 116.2 94.9 101.8 100.3 99.417........................ 94.9 106.2 94.4 116.3 94.9 101.8 100.3 99.424...................... 94.9 106.2 94.4 116.0 94.9 101.8 100.3 99.431____________ 94.9 106.2 94.4 116.2 94.9 101.9 100.3 99.4Apr. 7........................ 94.9 106.2 94.6 116.1 94.9 101.9 100.3 99.514........................ 94.9 106.2 94.6 117.3 94.8 102.0 100.4 99.5

    21........................ 94.9 106.2 94.6 117.7 94.8 101.9 100.3 99.528........................ 94.9 106.2 94.6 118.2 94.8 101.9 100.3 99.5May 5 . . . .................. 94.9 106.2 94.6 117.r 94.8 102.0 100.4 99.5

    12____________ 94.9 106.2 94.6 117.9 94.8 102.0 100.4 99.619........................ 94.9 106.2 94.6 117.9 94.8 102.1 100.5 99.726........................ 94.9 106.2 946 118.5 94.8 102.1 100.5 99.7June 2........................ 94.9 106.2 94.6 118.9 95.3 102.1 100.6 99.89........................ 96.3 106.2 94.6 118.8 95.3 102.0 100.6 99.716........................ 96.3 106.2 94.6 119.0 95.3 102.0 100.6 99.723........................ 96.3 106.2 94.6 118.6 95.3 102.0 100.6 99.830........................ 96.4 106.2 94.6 118.7 95.3 102.0 109.6 99.8July 7........................ 96.4 106.2 94.6 118.3 95.2 102.0 100.6 99.814........................ 96.2 106.2 94.6 117.6 95.2 101.9 100.6 99.8

    21........................ 96.2 106.2 94.6 117.7 95.2 101.9 100.6 99.828........................ 96.2 106.2 94.6 118.5 95.2 101.9 100.6 99.8Aug. 4 . . ._________ 96.2 106.2 94.6 118.1 95.2 101.9 100.6 99.9

    11........................ 96.2 106.2 94.6 117.7 95.3 102.0 100.7 99.918........................ 96.3 106.2 94.6 116.9 95.4 102.1 100.8 100,126........................ 96.3 106.2 94.6 116.9 95.4 102.1 100.8 100.1Sept. 1 . . . . ................ 96.3 106.2 94.6 115.8 95.4 102.1 100.8 100.1

    8........................ 96.3 106.3 94.6 115.3 95.7 102.0 100.8 100.116____________ 96.3 106.3 94.6 115.0 95.7 101.8 100.6 99.822____________ 96.3 106.3 94.6 115.5 95.7 101.8 100.6 99.929____________ 96.3 106.3 94.6 115.7 95.9 101.8 100.6 99.9

    Oct. 6........................ 96.3 106.3 94.6 116.3 95.9 101.8 100.7 100.013____________ 96.3 106.3 94.6 116.6 95.9 101.9 100.7 100.020____________ 96.6 106.3 94.6 116.9 96.6 101.9 100.8 100.127____________ 96.6 106.3 94.6 117.4 96.7 101.9 100.8 100.1

    Nov. 3........................ 96.6 106.4 94.6 118.2 *6.7 101.9 100.8 100.110____________ 96.6 106.4 94.6 118.6 96.8 102.2 101.0 100.217____________ 96.6 106.4 94.6 119.1 96.8 102.2 101.1 100.324........................ 96.6 106.4 94.6 120.2 96.8 102.3 101.1 100.3

    Dee. 1........................ 96.1 106.4 94.6 120.1 96.8 102.5 101.2 100.48........................ 96.1 106.4 94.6 119.1 96.8 102.5 101.3 100.516........................ 96.1. 106.4 96.0 119.7 96.8 102.6 101.3 100.5

    22........................ 96.1 106.4 96.0 119.8 96.9 102.6 101.3 100.529........................ 96.1 106.4 96.0 ! 120.6 96.9 102.6 101.4 100.6

    9Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

  • Daily Index of 28 Basic CommoditiesDaily indexes of 28 basic commodities are presentecfin table 4. Most of these commodities are quoted on organized exchanges, and the index is, therefore, more sensitive to changes in market conditions than is the Bureaus comprehensive wholesale price index. The indexes are calculated for the 28 commodities combined and for 5 important subgroups. They are based on the August 1939 average as 100, and are unweighted geometric means of the individual daily price quotations.The 28 commodities included in the index are described below. A list of the commodities included in each subgroup was given in Wholesale Prices, July-December and Year 1943 (Bull. No. 785).

    LIST OF 28 BASIC COMMODITIESW heat, average, per bushel:No. 2 hard winter, Kansas City.No. 2 dark northern spring, Minneapolis.Flaxseed, No. 1, per bushel, Minneapolis.Barley, good, malting, per bushel, Minneapolis.Corn, No. 3 yellow, per bushel, Chicago.Butter, extra, 92 score, per pound, Chicago.Tallow, packers' prime, per pound, Chicago.Hogs, good to choice, 200-220 pounds, per 100 pounds, Chicago.Steers, good, 900-1,100 pounds, per 100 pounds, Chicago.Lard, prime steam , per pound, Chicago.Sugar, raw, 96, duty paid, per pound, New York.Coffee, Santos, No. 4, per pound, New York.Cocoa beans, Accra, per pound, New York.Shellac, T. N., per pound. New York.Rubber, plantation, ribbed, s.s., per pound, New York.Hides, cow, light native packers', per pound, Chicago.Rosin, H grade, per 100 pounds, Savannah.Cottonseed oil, prime summer bleachable, per pound, New York.Print cloth, 38*4-inch, 64 x 60, 6.35 yards to pound,.per yard, New York.Silk, raw, Japan, 13-16 denier, 78 seriplane, per pound, New York.W ool tops, spot market, per pound, New York.Burlap, 10^ -ounce, 40-inch, per yard, New York.Cotton, middling, 15/16-inch staple, per pound, average 10 spot markets.Steel scrap, heavy m elting, per ton:Chicago.Philadelphia.Tin, straits, pig, per pound, New York.Copper, electrolytic, ingot, per pound, New York.Lead, desilverized, pig, open market, per pound, New York.Zinc, prime western, pig, per pound, New York.

    The Indexes are available each weekday, except Saturday, at 6 p.m., by telephone, Executive 2420, Extension 451, or by collect telegram. A press statement giving figures for the preceding week is issued each Monday. The following table gives the indexes, by groups, from January 1 to December 31, 1945.

    10Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

  • Table 4.D aily Indexes of Spot M arket Prices of 28 Basic Commodities[August 1939-100. SSunday; H Holiday)

    GeneralIndex(28)

    Import id domestic Foodstuffs and IndustrialDate Importcommodities

  • T able 4.D aily Indexes of Spot M arket Prices of 28 Basie CommoditiesContinued(August 1939-100. S-Sunday; HHoliday]

    Import and domesticDomesticagricultural(7)

    Foodstuffs and industrialDate index(28) Importcommodities 1 (11)

    Domesticcommodities(17)Foodstuffs(12)

    Rawindustrial(16)1V4

    Mar. 11................... 8 8 8 8 8 812. .................. 183.6 169.0 193.7 226.2 209.1 166.413................... 183.6 169.0 193.7 226.1 209.0 166.414................... 183.6 169.0 193.6 226.0 208.9 166.415------------ 183.6 169.0 193.7 226.1 209.1 166.416................... 183.6 169.0 193.6 225.9 209.0 166.417................... 183.6 169.0 193.7 226.0 209.0. 166.418................... 8 8 8 8 8 s19................... 193.6 169.0 193.8 226.4 209.2 166.4 - .................. | 183.8 169.0 194.0 227.0 209.6 1667121................... 183.8 169.0 194.0 227.1 209.6 166.422................... 183.8 169.0 194.0 227.1 209.5 166.42 3 ................. 183.8 169.0 194.0 226.9 209.5 166.424................... 183.6 169.0 193.7 226.1 209.1 166.425................... 8 8 8 8 8 s26................... 183.7 169.0 193.8 226.6 209.3 166.427................... 183.6 169.0 193.6 225.9 209.0 166.328................... 183.6 169.0 193.8 226.3 209.2 166.429................... 183.6 169.0 193.7 226.2 209.1 166.430................... H H H H H H31................... 183.6 169.0 193.6 225.9 209.0 166.4

    Apr. 1................... S 8 8 8 8 82 183.6 169.0 193.7 226.1 209.0 166.43................... 183.8 169.0 194.1 227.3 209.7 166.44................... 183.7 169.0 193.9 226.8 209.4 166.45................... 183.8 169.0 194.0 226.9 209.5 166.46. .................. 183.8 169.0 194.0 227.1 209.5 166.47................... 183.9 169.0 194.2 227.4 209.7 166.58................... 8 183.8 8 8 8 8 89................... 169.0 194.0 226.9 209.4 166.510. .................. 183.8 169.0 194.0 227.0 209.3 166.511................... 183.8 169.0 194.0 226.9 209.3 166*512................... 183.8 169.0 194.0 227.0 209.3 166.513................... 183.8. 169.0 194.0 227.1 209.3 166.514................... H H H H H H15................... 8 8 8 8 8 816................... 183.7 169.0 193.8 227.1 209.3 166.317................... 183.7 169.0 193.8 227.2 209.3 166.418................... 183.6 169.0 193.6 226.6 208.9 166.419................... 183.6 169.0 193.8 227.0 209.1 166.420. .................. 183.6 169.0 193.6 226.6 208.9 166.421................... 183.6 169.0 193.6 226.6 208.9 166.422................... 8 8 8 8 8 823................... 183.6 169.0 193.8 226.9 209.1 166.524....... ............ 183.8 169.0 194.0 227.7 209.4 166.525................... 183.8 169.0 194.1 227.9 209.5 166.526................... 183.8 169.0 194.1 227.8 209.5 166.527................... 183.8 169.0 194.1 227.9 209.5 166.528................... 183.8 169.0 194.0 227.6 209.4 166.529................... 8 8 8 8 8 830................... 183.7 169.0 193.9 227.3 209.2 166.5

    May 1................... 183.8 169.0 194.0 227.6 209.3 166.52. .................. 183.8 169.0 194.1 227.9 209.5 166.53................... 183.8 169.0 194.0 227.7 209.4 166.5*4................... 183.8 169.0 194.0 227.8 209.3 166.55................... 183.8 169.0 194.0 227.8 209.3 166.66. .................. 8 8 8 8 8 87_______. . . 183.8 169.0 194.1 227.9 209.4 166.68. .................. 183.9 169.0 194.1 228.0 209.5 166.59................... 183.8 169.0 194.1 227.9 209.4 166.5

    10. .................. 183.8 169.0 194.0 227.6 209.3 166.511................... ! 183.8 169.0 194.0 227.6 209.3 166.512. .................. 183.9 169.0 194.2 228.1 209.5 166.613................... 3 8 8 8 8 814................... 183.8 169.0 194.0 227.6 209.3 166.515................... 183.8 169.0 194.0 227.8 209.4 166.516................... 183.6 168.9 i 193.8 227.7 209.4 166.217................... 183.5 168.9 , 193.6 227.1 209.1 166.218................... 183.5 168.9 193.6 227.2 209.1 166.219.------------- 183.7 168.9 193.9 228.0 209.5 166.220. ............ 8 8 8 8 8 8

    12Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

  • T able 4.D aily Indexes of Spot M arket Prices of 28 B asic CommoditiesContinued[August 1939-100. S-Sunday; HHoliday]

    Date Generalindex(28)

    Import and domesticDomesticagricultural(7)

    Foodstuffs and industrial

    Importcommodities(IDDomestic Foodstuffs(12)

    Rawindustrial(16)(17)

    iOJtfiMay *1. ______ 183.6 108.9 193.8 227.8 209.5 100.222 . . _____ 183.7 108.9 194.0 228.8 209.7 100.22? _____ 183.8 108.9 194.2 228.7 209.9 100.32# _____ 183.7 168.9 194.0 228.2 209.0 160.325._________ 183.8 168.9 194.1 228.0 209.7 100.326_________ 183.8 168.9 194.1 228.0 209.8 100.327 _____ S 8 8 8 8 888...... ............ 183.7 168.9 194.0 228.1 209.5 100.329_________ 183.7 168.9 194.0 228.3 209.0 100.380 . ______ H H H H H H31_________ 183.8 168.9 194.1 228.5 209.7 100.3

    June 1_______. . . 183.8 168.9 194.0 228.4 209.0 100.32_________ 183.8 168.9 194.1 228.5 209.7 100.33_________ 8 8 8 A 8 8 84_________ 183.0 168.9 190.9 227.9 209.4 100.36___ ______ 183.6 168.9 193.8 227.8 209.4 100.86 ________ 183.5 168.9 193.7 227.4 209.1 100.37................... 183.? 108.9 194.0 228.1 209.5 100.38_________ 183.0 108.9 193.7 227.5 209.2 100.39_________ 183.0 108.9 193.9 227.9 209.3 100.3

    10. _________ 8 8 8 8 8 811_________ 183.7 108.9 194.0 228.8 209.0 100.318................... 183.8 108.9 194.1 228.0 209.7 100.313................... 183.8 168.9 194.1 228.4 209.0 100.31 4___ _____ 183.7 168.9 194.0 228.3 209.0 100.315._________ 183.7 168.9 194.0 228.3 209.0 100.316._________ 183.8 108.9 194.1 228.4 209.7 100.317._________ 8 8 8 8 8 818_________ 183.8 168.9 194.1 228.4 209.7 100.819_________ 183.7 168.9 193.9 228.1 209.0 100.220. _________ 183.0 168.9 194.2 228.1 209.5 100.521 183.9 108.9 194.8 228.2 209.0 100.522 . . . T___ 183.9 108.9 194.8 228.2 209.0 100.528_________ 183.8 108.9 194.2 227.9 200.5 100.524._________ 8 8 8 8 8 825 , _____ 188.8 108.9 194.1 227.0 209.3 100.526 _______ 183.7 168.9 190.9 227.1 209.1 100.527 . _______ 183.0 108.9 190.8 220.9 208.9 100.528_________ 188.7 108.9 193.9 227.0 209.1 100.588_____ _ 183.7 108.9 193.9 227.1 209.1 100.530_________ 188.7 108.9 194.0 227.3 209.2 100.5

    Xfty l n___T_____ 8 8 8 8 8183.7 108.9 194.0 227.0 209.8 100.43 _________ 188.0- 108.9 198.8 226.9 209.1 160.44 . r_____ H H H H H H5 , . . . r____ 183.7 108.9 193.9 227.2 209.2 100.50 r, ____ 183.7 168.9 193.9 227.1 209.1 100.57___ ______ 183.7 108.9 193.9 227.0 209.0 1W 8_________ 8 8 8 8 8 89a________ 188.7 108.9 194.0 227.3 209.2 100.5

    10. _________ 183.7 108.9 193.9 227.1 206.9 100.011_________ 183.7 108.9 190.9 227.1 208.9 100.012_________ 183.5 168.9 193.7 220.5 208.0 100.013... 183.0 108.9 193.7 220.8 208.7 100.014._________ 183.0 108.9 193.7 226.7 206.0 100.015... 8 8 8 8 8 816_________ 183.0 168.9 193.8 227.1 208.9 108.017._________ 183.5 168.9 193.7 226.0 208.8 100.518_________ 183.5 168.9 193.7 220.0 208.7 100.51 9 ________ 183.5 168.9 193.0 226.4 208.0 106.520-------------- 183.5 168.9 193.0 226.5 206.7 106.521__________ 183.0 168.9 193.8 226.9 206.9 100.522_________ 8 8 8 8 8 823_________ 183.0 168.9 193.7 226.7 206.9 100.524_________ 183.6 168.9 193.7 226.7 208.8 100.525_________ 183.0 168.9 193.8 220.9 208.9 100.526._________ 183.5 168.9 193.0 220.3 206.7 100.427._________ 183.0 168.9 193.8 226.8 206.9 100.528._________ 183.0 168.9 190.7 220.7 206.9 100.529_________ 8 8 8 8 8 880._________ 183.5 108.9 193.7 226.0 206.8 100.581________ _ 183.7 108.9 190.9 227.2 209.1 100.5

    13Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

  • Table 4.D aily Indexes of Spot M arket Prices of 28 S asic Commodities Continued[August 1939-100. SSunday; HHoliday]

    Bate Generalindex(28)Domesticagricultural(7)

    Foodstuffs and industrialImpart

    (IDDomesticcommodities(17)

    Foodstuffs02)

    Rawindustrial(16)

    1946Aug. 1 . . . . . . . . 183.6 168.9 193.7 226.8 206.8 166.5

    2. _________ 183.8 168.9 193.7 226.8 208.8 166.53_________ 183.6 168.9 193.8 227.0 206.9 166.54._________ 183.6 168.9 193.8 227.0 209.0 166.5_______ S 8 8 8 8 86. _________ 183.6 168.9 193.8 226.8 208.9 166.57._________ 183.5 168.9. 193.5 226.2 208.6 166.58-_________ 183.4 168.9 193.5 226.1 208.6 166.49._________ 183.4 168.9 193.5 226.1 208.5 166.5

    10. _________ 183.4 168.9 193.5 226.0 206.5 166.411_________ 183.4 168.9 193.5 226.0 206.6 166.412. _________ S 8 8 8 8 813_________ 184.4 168.9 195.1 225.8 208.5 168.014._________ 184.3 168.9 195.1 225.6 208.3 168.015._________ H H H H H H16-_________ H H H H H H17._________ 184.3 168.9 194.9 225.3 206.2 168.018.------------- 184.2 1(8.0 194.8 225.0 206.1 167.919._________ S 8 8 8 8 820._________ 184.0 1(8.0 194.6 224.1 207.8 167.8

    184.1 168.9 194.6 224.3 207.8 167.922. _________ 184.1 168.9 194.7 224.4 207.9 168.023_________ 184.1 168.9 194.7 224.4 207.9 167.924._________ 184.2 168.9 194.9 225.0 208.1 168.025._________ 184.8 168.9 194.9 224.9 206.2 167.926._________ s A 8 8 8 8 827._________ 184.3 168.9 194.7 224.6 206.0 167.928.------------- 184.1 168.9 194.7 224.5 207.9 168.029_________ 184.1 168.9 194.7 224.4 207.8 167.930_________ 184.1 168.9 194.6 224.3 207.7 168.031 . 184.1 168.9 194.6 224.2 207.7 168.0

    Sept. l . .... . . . . . . 184.1 168.9 194.6 224.1 207.7 168.02_________ 8 8 8 S _ 8 83_________ H ^ H H H H H4_________ 184.1 168.9 194.6 224.1 207.6 168.05.------------- 184.1 168.9 194.7 224.6 207.8 168.06. ------------- 184.2 168.9 194.8 224.6 207.7 168.17._________ 184.1 168.9 194.7 224.3 207.6 168.18. ------------- 184.1 168.9 194.6 224.2 207.6 168.09_________ 8 , 8 8 8 8 8

    10. ------------- 184.1 168.9 194.6 224.3 207.6 168.011_________ 184.1 168.9 194.7 224.4 207.7 168.012. _________ 184.2 168.9 194.8 224.6 207.8 168.113_________ 184.2 168.9 194.9 225.0 207.9 168.114.------------- 184.2 168.9 194.8 225.2 207.8 168.115._________ 184.2 168.9 194.8 225.1 207.8 168.116._________ 8 8 8 8 8 817._________ 184.3 168.9 194.9 225.6 208.0 168.118._________ 184.4 168.9 195.1 226.2 208.4 168.119_________ 184.5 168.9 195.4 227.0 208.8 168.120. _________ 184.5 168.9 195.4 226.9 206.8 168.121_________ 184.5 168.9 195.3 226.5 208.6 168.022._________ 184.6 168.9 195.5 227.1 206.9 168.023_________ 8 8 8 8 8 824.------------- 184.6 168.9 195.6 227.2 209.1 168.025.------------- 185.1 168.9 196.4 227.4 209.2 168.826._________ 185.2 168.9 196.5 227.4 209.4 168.727._________ 185.2 168.9 196.5 227.3 209.3 168.728._________ 185.1 168.9 196.4 227.0 209.1 168.829_________ 185.1 168.9 196.4 227.1 209.1 168.830.------------- 8 8 8 8 8 8

    G et 1_________ 185.4 168.9 196.8 228.3 209.6 168.92. ------------- 185.4 168.9 196.8 228.3 209.6 168.83._________ 185.4 168.9 197.0 228.6 209.7 168.94.------------- 185.5 168.9 197.0 228.8 209.7 169.05. ----------- 185.5 168.9 197.1 229.1 209.8 169.06. ------------- 185.5 168.9 197.2 229.2 209.8 169.07._________ 8 8 8 8 8 88. ------------- 185.6 168.9 197.2 229.2 209.9 169.09._________ 185.6 168.9 197.2 229.3 209.9 169.0

    10-------------- 185.6 168.9 197.3 229.4 210.0 169.014Digitized for FRASER

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

  • T a b l e 4 . D aily Indexes of Spot M arket Prices of 28 Basic CommoditiesContinued[August 1939-100. 8Sunday; HHoliday]

    GeneralIndex(28)

    Import and domestic Foodstuffs and industrialBate Import Bomestiecommodities

    Domesticagricultural(7) Foodstuffs Sawindustrial(16)(ID (17) (12)

    1945Ofii 11 -T , - 185.7 168.9 197.4 220.0 210.3 169.0H H H H H H

    12________ ^ 185.7 168.9 197.4 229.7 210.3u _____ S 8 8 8 8 8185.7 168.9 197.4 229.9 210.3 169.0________12______ ___ 185.7 168.9 197.4 229.8 210.3 169.017_________ 185.7 168.9 197.5 220.1 210.2 169.118_________ 185.0 168.9 197.2 210.0 169.1! _______ 185.7 168.9 197.4 210.1 169.120..... 185.8 168.9 197.0 220.8 210.2 169.121____ S 8 8 8 8 8185.9 168.9 197.8 220.9 210.4 169.2_. T____82 ________ 185.8 168.9 197.6 220.8 210.2 169.22 4 ____ ____ 185.9 168.9 197.8 221.1 210.5 169.222 . ___ 185.9 168.9 197.8 221.1 210.6 169.220___ T 186.0 168.9 197.9 221.2 210.6 169.2*7L. ___ 186.0 168.9 197.9 221.2 210.6 m 220 ____ 8 8 8 8 8 829.-_ 185.9 168.9 197.8 221.1 210.6 169.220._________21 ....... .......... 186.0186.0 168.9168.9 197.9197.9 221.2221.2

    210.5210.6

    169.2169.3Hot, I . . . . . . ____ 186.4 168.9 198.6 221.4 211.6 169.3

    2......... 186.4 168.9 198.6 221.8 211.6 169.3186.48

    . 168.9 8

    198.78

    221.48

    211.68

    169.385 \ . ........ - 186.4 168.9 198.6 221.4 211.7 169*3o._________7 L ___ H186.4 H168.9 H198.7 H221.6 H211.7H 169.3

    186.5 168.9 198.8 221.8 211.7 169.49 ....... 10 ____ __ 186.5186.6 168.9168.9 198.9196.9

    m im 2 211.8211.8 169.4169.5ll..r ...- r r___ 8 8 8 8 8 812.................. H H H H H B12 ___ T~ 187.0 168.9 199.7 m o 213.0 169.414. . 187.0 168.9 199.7 232.5 212.9 169.510 ___ 186.9 168.9 199.6 222.2 212.7 169.510 lllluir___ 186.9 168.9 199.6 m 2 212.7 169.517................... 186.9 168.9 199.6 m o 212.7 169.518_________10 8 186.9 8 168.9 8 199.6 8 m 2 S212.7 8 169.520 ,r 186.9 168.9 199.6 m 2 212.8 169.521__ 187.0 168.9 199.7 232.5 212.9 169.522 - H H H H H H22 . . . ____ 187.0 168.9 199.7 222.5 212.9 169.524 ________ 187.0 168.9 199.7 232.4 212.9 169.420 - , - T___ 8 8 8 8 8 820 187.0 168.9 199.8 232.8 213.0 169.527 ________ 187.0 168.9 199.8 232.8 213.0 169.52 0 _________ 186.9 168.9 199.5 m i 212.6 169.529___ 186.7 166.9 199.2 231.0 212.0 109.520 ......... ....... 186.6 168.9 199.0 m o 211.7 169.5

    fiff, 1 _____ 186.6 168.9 199.0 230.6 211.7 169.52 - 8 8 8 8 8 8186.8187.1 168.9168.9 199.4199.8 221.6m o

    212.2212.8

    169.6169.7o ____ 187.1 168.9 200.0 233.3 213.1 169.6o , . . . . ____ 187.1 168.9 199.9 m i 213.0 169.67,._t______ 187.1 168.9 199.9 m i 212.9 169.68. . . 187.1 168.9 199.9 m 2 212.9 169.70. - Tr_____ 8 8 8 8 8 8

    10,r ,____ 187.2 168.9 200.0 222.4 213.0 169.711 . .T, ____ 187.2 168.9 200.1 233.8 213.2 169.712 - , ... 187.2 168.9 290.1 233.8 213.2 169.710. , , , , , ____ 187.1 168.9 199.9 m 2 212.9 169.7

    10 ------187:1187.2

    8

    168.9 8 168.9 200.0200.0

    8

    m 3233.48

    212.9212.98

    169.7 - 169.7 8

    17... 187.2 168.9 200.1 233.7 213.2 109.718_________10 - -,___ 187.1187.1 168.9168.9 199.9199.8

    233.2'm o 212.9212.8 169.7169.7169.7187.0 168.9 199.7 232.7 212.615

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  • Table 4.D aily Indexes of Spot M arket Prices of 28 Basic CommoditiesContinued[August 1939100. 8Sunday; HHoliday]

    Generalindex(28)

    Vmpftrt domesticDomesticagricultural(7)

    Foodstuffs and industrialDate Import

    (IDDomesticcommodities(17)

    Foodstuffs(12)Rawindustrial(16)

    1946Dee. 21-------------- 187.0 108.0 199.7 232.7 212.6 109.7

    22._________ 187.0 168.9 199.7 232.7 212.0 109.723.------------- 8 8 8 8 8 824._________ H H H H H H25._________ H H H H H H25._________ 187.2 168.9 200.1 233.8 213.2 109.727._________ 187.3 168.9 200.3 234.3 213.4 109.728.------------- 187.3 168.9 200.3 234.3 213.4 109.729._________ 187.3 168.9 200.3 234.2 213.4 169.730._________ 8 8 8 8 8 831_________ 187.2 168.9 200.1 233.7 213.2 109.7

    Strategic and Critical MaterialsIndexes of Market PricesDuring the war period the Bureau prepared, for the use of defense and war agencies of the Government, indexes of market prices of materials classified by the Army-Navy Munitions Board as strategic or critical for national defense. With the end of the war these indexes were discontinued. Weekly index numbers from January 6 to September 1, 1945, are shown in table 5. A mimeographed statem ent is available upon request giving the history of these indexes, a list of the commodities included, and weekly index numbers from August 1939 through August 1945.

    Ta b u S.W eekly Index Numbers of M arket Prices of Strategic and C ritical M aterials(Aoftttt 1939100]

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  • Waste and Scrap MaterialsIndexes of Market Prices bides numbers showing changes in market prices for waste and scrap materials, by groups of commodities, from January 6 through December 29, 1945, are presented in table 6. A list of the 44 waste and scrap materials included in the index, together with the weekly indexes back to January 1939, was published In Wholesale Prices, October 1941 (Serial No. R. 1407).

    T able 6.Index Numbers of M arket Prices of W atte and Scrap M aterials[A a r* 1339-100]

    Week cuffingahwasteandscrapmaterials

    Scrap metals Waste textilesScraprobberIronandsted

    Non-ferrousmetalsAllmetals Cotton Wool

    RayonandsOkOldta r toandootdage

    Alltextiles

    Wastepupfff

    an. 1946 158.2 131.5 95.4 99.9 178.3 158.6 169.7 '215.1 173.6 339.5 161.5159.4 131.5 97.6 102.6 178.8 158.6 169.7 *215.1 173.6 339.5 161.5159.4 131.5 97.6 102.6 178.2 158.6 169.7 215.1 173.6 339.5 163.787------------ - 159.5 131.5 97.6 102.6 178.8 158.6 169.7 215.1 173.6 339.5 163.7Feb. 159.5 131.5 97.6 102.6 178.8 158.6 169.7 215.1 173.6 339.5 163.7

    10. . . . . . . 159.6 131.5 97.6 102.6 178.3 158.6 169.7 215.1 173.6 339.5 165.917.___________ 159.6 131.5 97.6 102.6 178.8 158.6 169.7 215.1 173.6 339.5 165.924____________ 159.6 131.5 97.6 102.6 178.3 158.6 169.7 215.1 173.6 339.5 165.9Mar. 3 .___________ 159.6 131.5 97.6 102.6 178.3 158.6 169.7 215.1 173.6 339.5 165.910 ____ _Trr 159.6 131.5 97.6 102.6 178.8 158.6 169.7 215.1 173.6 339.5 165.917.___________ 159.6 131.5 97.6 102.6 178.3 158.6 169.7 215.1 173.6 339.5 165.94 _ i_, 159.6 131.5 97.6 102.6 178.3 158.6 169.7 215.1 173.6 339.5 165.931____________ 159.6 131.5 97.6 102.6 178.3 158.6 169.7 215.1 173.6 339.5 165.9Apr. 7____________ 159.4 131.5 97.6 102.6 178.3 158.0 169.7 215.1 173.4 339.5 165.914. . . . . 159.1 131.5 97.6 102.6 178.3 156.6 169.7 215.1 172.7 339.5 165.9

    21. I I I .I ------1 .. 159.6 131.5 99.2 103.6 178.3 155.6 169.7 215.1 172.7 339.5 165.9160.1 131.5 99.2 103.9 180.8 155.6 169.7 215.1 173.6 339.5 165.9May g 160.1 131.5 99.2 103.9 180.3 155.6 169.7 215.1 173.6 389.5 165.9160.1 131.5 99.2 103.9 180.3 155.6 169.7 215.1 173.6 339.5 165.9

    12. . . . . . . . . . . . . . 160.3 131.2 99.2 103.9 180.3 155.6 169.7 215.1 173.6 339.5 171.7160.8 130.6 99.2 108.8 180.8 155.6 169.7 215.1 178.6 339.5 171.7Jane 2. . . . . . . . . . . . . . 160.3 130.6 99.2 103.8 180.3 155.6 169.7 215.1 173.6 339.5 171.79____________ 160.3 130.6 99.2 103.8 180.8 155.6 169.7 215.1 173.6 339.5 171.71 9 . . . . . . . . . . . . . . 160.5 130.6 99.2 103.8 180.3 156.6 169.7 215.1 178.9 339.5 171.723____________ 160.7 130.9 99.2 103.9 181.3 156.6 169.7 215.1 174.4 339.5 171.7160.8 131.5 99.2 103.9 181.3 156.6 169.7 215.1 174.4 339.5 171.7Jffiy 7 .___________ 160.8 131.5 99.2 103.9 181.8 156.6 169.7 215.1 174.4 839.5 171.714.___________ 160.8 131.5 99.2 103.9 181.3 156.6 169.7 215.1 174.4 339.5 171.7

    21____________ 160.9 131.5 99.2 103.9 181.3 156.6 169.7 217.4 174.5 339.5 171.728____________ 161.2 131.5 99.2 103.9 182.8 156.6 169.7 217.4 175.2 339.5 171.7Aug. 4____________ 161.2 131.5 99.2 103.9 182.8 156.6 169.7 217.4 175.2 339.5 171.7II___________ 161.2 131.5 99.2 103.9 182.8 156.6 169.7 217.4 175.2 339.5 171.71 8 . . . . . . . . . . . . . . 161.2 131.5 99.2 103.9 182.8 156.6 169.7 217.4 175.2 339.5 171.725____________ 161.2 131.5 99.2 103.9 182.8 156.6 169.7 217.4 175.2 339.5 171.7gept. 1 161.2 131.5 99.2 103.9 182.8 156.6 169.7 217.4 175.2 33&.5 171.78IIIIIIIIIIIIII 161.2 131.5 99.2 103.9 182.8 156.6 169.7 217.4 175.2 339.5 171.71 5 . . . . . . . . . . . . . . 161.1 131.5 99.2 103.9 182.8 156.6 160.7 217.4 175.2 339.5 169.5

    22. . . . . . . . . . . . . . 161.2 131.5 99.2 103.9 182.8 156.9 169.7 217.4 175.8 339.5 169.52 9 . . . . . . . . . . . . . . 161.2 131.5 99.2 103.9 182.8 156.9 169.7 217.4 175.3 339.5 169.5Oct 8....................... 161.2 181.5 99.2 103.9 182.8 156.9 169.7 217.4 175.3 339.5 169.513____________ 161.9 131.5 99.2 103.9 186.3 156.9 169.7 217.4 176.8 339.5 167.3

    20. . . . . . . . . . . . . . 161.9 131.5 99.2 103.9 186.3 157.3 169.7 217.4 176.9 339.5 165.627____________ 161.9 131.5 99.2 103.9 186.3 157.3 169.7 217.4 176.9 339.5 165.6Not. _____ . . . . . 161.9 131.5 99.2 103.9 186.3 157.3 169.7 217.4 176.9 339.5 165.6

    10 . . . . . 160.7 131.5 96.1 101.2 186.3 157.8 169.7 217.4 167.9 339.5 165.61 7 H ..I.I------1. 160.7 131.5 96.1 101.2 186.3 157.3 169.7 217.4 167.9 339.5 165.62 4 . . . . . . . . . . . . . . 163.7 131.5 96.1 101.2 196.3 157.3 169.7 223.7 182.5 339.5 165.6Dec. 1 168.6 181.5 96.1 101.2 198.3 157.8 169.7 228.1 182.8 339.5 160.18IIIIIIIIIIIIII 163.6 131.5 96.1 101.2 196.3 157.3 169.7 228.1 182.8 339.5 160.11 5 . . . . . . . . . . . . . . 163.6 131.5 96.1 101.2 196.3 157.3 169.7 228.1 182.8 339.5 160.1

    22. . . . . . . . . . . . . . 163.6 131.5 96.1 101.2 198.3 157.3 169.7 228.1 182.8 339.5 160.1__________ 163.6 131.5 96.1 101.2 198.3 157.3 169.7 228.1 182.8 339.5 160.117Digitized for FRASER

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  • Standard Machine ToolsPrice Indexesbides numbers of prices of 11 types of standard nonspecialty machine tools from January through December 1945 are shown in table 7. Comparable data back to January 1937 have been given in previous wholesale price pamphlets, beginning with Wholesale Prices, June 1941 (Serial No. R. 1349).

    Table 7.Index Number* of Price* of Standard Machine Tools, 1945 [Atgwt ltti-100]

    Construction Machineryindexes of Manufacturers PricesTable 8 gives monthly index numbers of manufacturers prices of construction machinery from January through December 1945, by groups of commodities. A description of the 60 types of construction machinery included in the index, together with monthly indexes back to August 1939, is given in Wholesale Prices, 1944 (B ull No. 870).

    T able 8.Index Number* of M anufacturers' Prices of Construction M achinery, 19451[AfWt 1330100]

    Year and mouth Allgroups GroupI Groupn Groupin GroupIV GroupV GroupVI GroupVH GroupV III GroupIXAverage for year____ *111.2 109.9 111.8 . 100.1 114.5 *110.9 106.6 100.0 *110.7 *97.7

    February__________ 110.7 109.7 111.8 100.0 112.7 110.4 107.5 100.0 115.2 97.9110.8 109.7 111.2 105.7 112.7 110.4 107 5 100.0 115.8 97.9March____________ 110.8 109.7 111.2 105.7 112.7 110.4 107 5 100.0 115.8 97.9110.8 109.7 111.2 105.7 112.7 110.4 107 5 100.0 115 8 97.9110.9 109.7 111.2 105.7 114.2 110.4 107 5 100.0 115.8 97.9June-------------------- 110.9 109.7 111.2 105.7 114.5 110.4 107 5 100.0 115 8 97.9friy ------------------- 110.9 109.7 111.2 105.7 115.0 110.4 107 5 100.0 115.8 97.9August..--------------- 110.9 109.7 111.2 105.7 115.0 *110.6 107.5 100.0 115.8 97.9September-------------October___________ *111.0 109.7 111.7 105.8 115.0 *110.6 107.5 100.0 115.8 *97.0*112.7 110.5 113.5 *107.2 116.0 *111.6 109.0 100.0 * 118.8 *07.0November_________ *118.8 110.5 113.5 *107.2 110.0 *112.5 109.7 100.0 *120.1 *97.6Deoember-------------- *113.8 110.5 *113.6 *107.8 110.0 *112.5 109.7 100.0 *120.1 *07.0* Group IConstruction equipment, tractor mounted: Group IIConstruction machinery, specialised; Group IH Qfflwtruiction wjaiAwal miiwn, payers, spreaders, and related equipment: Group IVConstruction material processing equipment; Group VPower cranes, draglines, shovels, and related equipment; Group VIScrapers, maintainers, and graders; Group v llDrilling and boring machinery; Group VIIITractors, track type; Group IKPortable air com-* Revised.

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  • General and Auxiliary Machinery and Equipment Indexes of Manufacturers* Prices

    In April 1945, the Bureau began publication of a special index of prices of general and auxiliary machinery and equipment. This index was developed in response to requests from government agencies and industrial organizations for information on prices of general industrial equipment.The index is based on prices of about 180 different types and sizes of machines, obtained from approximately 200 manufacturers located in the major producing areas of the country. In selecting the types of machines to be priced, the Bureau had the cooperation and advice of industry representatives. These various types of machines and equipment are used extensively in a number of different applications throughout industry. Normally production of this type of equipment represents about 25 percent of total machinery output.The index is computed by the fixed-base weighted aggregative method, with prices in August 1939 as 100. The weights used are based on production for sale during the year 1939.Table 9 shows monthly index numbers by groups and subgroups of commodities from January 1939 through December 1945.T a b l e 9 .Index Numbers o f Prices of General and A uxiliary M achinery

    [Aufuat 1W4-100]

    Tear and monthGroup I Engines Group II Air compressors Group HI Pumps (power driven)

    Gasoline Diesel Composite Stationary Portable Composite Centrifugal Other Composite

    1939: Averace_____________ 100.0 100.0 100.0 100.0 100.0 100.0 100.5 100.0 100.3January______________ 100.0 100.0 100.0 100.0 100.0 100.0 100.9 100.0 100.5February______________ 100.0 100.0 100.0 100.0 100.0 100.0 100.9 100.0 100.5March________________ 100.0 100.0 100.0 100.0 100.0 100.0 100.9 100.0 100.5t f c : : : : : : : : : : : : : : : : : 100.0 100.0 100.0 100.0 ioo.o 100.0 100.9 100.0 100.5100.0 100.0 100.0 100.0 100.0 100.0 100.9 100.0 100.5June___ ___ __________ 100.0 100.0 100.0 100.0 100.0 100.0 100.9 100.0 100v5July________ . . . . . . . . . . . 100.0 100.0 100.0 100.0 100.0 100.0 100.9 100.0 10075August----------------------- 100.0 100.0 100.0 100.0 100.0 100.0 ~ 100.0 100.0 * 100.0September_____________ 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0October.______________ 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0November------------------- 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100:0 100.0Deoember ---------------- 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0

    1940: Average-------------------- 100.3 99.9 100.1 100.0 100.5 100.1 96.5 101.4 98.9January---------- . . . ------- 100.0 100.0 100.0 100.0 100.2 100.0 99.0 101.4 100.2February--------------------- 100.0 100.0 100.0 100.0 100.5 100.1 99.0 101.4 100.2March_________. . . . . . . . 100.0 100.0 100.0 100.0 100.6 100.2 99.0 101.4 100.2April_________________May_________________ 100.0 100.0 100.0 100.0 100.6 100.2 95.6 101.4 98.5100.0 100.0 100.0 100.0 100.6 100.2 95.6 101.4 96.5June___ _____________ 100.5 100.0 100.3 100.0 100.6 100.2 95.6 101.4 98.5July________________ - 100.5 100.0 100.3 100.0 100.6 100.2 95.6 101.4 98.5August----------------------- 100.5 100.0 100.3 100.0 100.6 100.2 95.6 101.4 96.5September_____________ 100.5 100.0 100.3 100.0 100.6 100.2 95.6 101.4 96.5October.--------------------- 100.5 99.5 ioon 100.0 100.6 100.2 95.6 101.4 98.5November------------------- 100.5 99.5 100.1 100.0 100.6 100.2 95.6 101.4 98.5as m m m m m m m m 4 m m as m i 100.5 99.5 100.1 100.0 100.6 100.2 95.6 101.4 98.5

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  • Table 9.Index Numbers of Prices of General and A uxiliary M achinery-Continued[August 1939-100]

    Year and monthW r A^GroupH Group m PUmps (power driven)

    Gasoline Diesel Composite Stationary Portable Composite Centrifugal Other Composite1941: Average_____________ 102.2 103.2 102.6 100.6 99.9 100.4 100.7 101.7 101.2Jam m y.--------------------- 100.5 99.5 100.1 100.0 100.6 100.2 95.6 101.4 98.5February--------------------- 100.5 99.5 100.1 100.0 100.6 100.2 94.7 101.4 98.0March________________ 100.5 99.5 100.1 100.0 100.6 100.2 94.7 101.4 98.1

    102.0 99.9 101.1 100.0 100.0 100.0 95.6 101.4 98.5102.2 103.3 102.7 100.0 99.6 99.9 96.8 100.4 98.6June..._______________ 102.2 103.9 102.9 100.8 99.6 100.5 102.7 101.7 102.2July_____________ ____ 102.2 105.5 103.6 100.8 99.6 100.5 104.6 102.4 103.5August----------------------- 102.2 105.5 103.6 100.8 99.6 100.5 104.6 102.8 103.7September------------------- 102.2 105.5 103.6 101.3 99.6 100.9 104.6 102.8 103.7October_______________ 102.2 105.5 103.6 101.3 99.5 100.6 104.6 101.7 103.1November_____________ 104.9 105.5 105.1 101.3 99.5 100.6 104.6 101.7 103.1December_____________ 104.9 105.5 105.1 101.3 99.5 100.6 104.6 101.7 103.11942: Average_____________ 106.5 105.5 106.1 101.3 98.2 100.5 104.6 102.2 103.4January_____ _________ 106.5 105.5 106.1 101.3 99.5 100.6 104.6 102.0 103.3February______________ 106.5 105.5 106.1 101.3 98.3 100.6 104.6 102.2 103.4March________________ 166.5 105.5 106.1 101.3 98.1 100.4 104.6 102.2 103.4

    f f c : : : : : : : : : : : : : : : 106.5 105.5 106.1 101.3 98.1 100.4 104.6 102.2 103.4106.5 105.5 106.1 101.3 98.1 100.4 104.6 102.2 103.4June_________________ 106.5 105.5 106.1 101.3 98.1 100.4 104.6 102.2 103.4July-------------------------- 106.5 105.5- 106.1 101.3 98.1 100.4 104.6 102.2 103.4August----------------------- 106.5 105.5 106.1 101.3 98.1 100.4 104.6 102.2 103.4Septem ber...._________ 106.5 105.5 106.1 101.3 %98.1 100.4 104.6 102.2 103.4October---------------------- 106.5 105.5 106.1 101.3 98.1 100,4 104.6 102.2 103.4November------------------- 106.5 105.5 106.1 101.3 98.1 100.4 104.6 102.2 103.4December...___________ 106.5 105.5 106.1 101.3 98.1 100.4 104.6 102.2 103.41943: Average_____________ 106.5 105.5 106.1 101.3 98.1 100.4 104.6 102.2 103.4January__ ____________ 106.5 105.5 106.1 101.3 98.1 100.4 104.6 102.2 103.4February..____________ 106.5 105.5 106.1 101.3 98.1 100.4 104.6 102.2 103.4March________________ 106.5 105.5 106.1 101.3 98.1 100.4 104.6 102.2 103.4106.5 105.5 106.1 101.3 98.1 100.4 104.6 102.2 103.4106.5 105.5 106.1 101.3 98.1 100.4 104.6 102.2 103.4June._________________ 106.5 105.5 106.1 101.3 98.1 100.4 104.6 102.2 103.4July._________________ 106.5 105.5 106.1 101.3 96.1 100.4 104.6 102.2 103.4August.---------------------- 106.5 105.5 106.1 101.3 96.1 100.4 104.6 102.2 103.4September------------------- 106.5 105.5 106.1 101.3 96.1 100.4 104.6 102.2 103.4October---------------------- 106.5 105.5 106.1 101.3 96.1 100.4 104.6 102.1 103.4November------------------- 106.5 105.5 106.1 101.3 98.1 100.4 104.6 102.1 103.3December_____________ 106.5 105.5 106.1 101.3 98.1 100.4 104.6 102.1 103.31944: Average_____________ 108.5 105.5 107.2 101.3 98.1 100.4 104.6 102.1 103.3January_______________ 108.5 105.5 107.2 101.3 98.1 100.4 104.6 102.1 103.3February--------------------- 108.5 105.5 107.2 101.3 98.1 100.4 104.6 102.1 103.3March________________ 108.5 105.5 107.2 101.3 98.1 100.4 104.6 102.1 103.3A f f ------------------------- 108.5 105.5 107.2 101.3 96.1 100.4 104.6 102.1 103.3108.5 105.5 107.2 101.3 96.1 100.4 104.6 102.1 103.3June-------------------------- 108.5 105.5 107.2 101.3 96.1 100.4 104.6 102.1 103.3July_______________ . . . 108.5 105.5 107.2 101.3 96.1 100.4 104.6 102.1 103.3August----------------------- 108.5 105.5 107.2 101.3 98.1 100.4 104.6 102.1 103.3September------------------- 108.5 105.5 107.2 101.3 96.1 100.4 104.6 102.1 103.3October.--------------------- 108.5 105.5 107.2 101.3 96.1 100.4 104.6 102.1 103.3November------------------- 108.5 105.5 107.2 101.3 96.1 100.4 104.6 102.1 103.3December_____________ 108.5 105.5 107.2 101.3 96.1 100.4 104.6 102.1 103.31945: Average-------------------- 108.5 105.8 107.3 101.3 96.1 100.4 104.6 102.1 103.3January_______________ 108.5 105.5 107.2 101.3 98.1 100.4 104.6 102.1 103.3February--------------------- 108.5 105.5 107.2 101.3 96.1 100.4 104.6 102.1 103.3March________________ 108.5 105.5 107.2 101.3 98.1 100.4 104.6 102.1 103.3

    f c : : : : : : : : : : : : : : : : 108.5 105.5 107.2 101.3 96.1 100.4 104.6 102.1 103.3108.5 105.5 107.2 101.3 96.1 100.4 104.6 102.1 103.3June____ ____________ 108.5 105.5 107.2 101.3 98.1 100.4 104.6 102.1 103.3July-------------------------- 108.5 105.5 107.2 101.3 98.1 100.4 104.6 102.1 103.3August_______________ 108.5 105.5 107.2 101.3 96.1 100.4 104.6 102.1 103.3September-------------------October.--------------------- 108.5108.5 105.5106.4 107.2107.6 101.3101.3 98.198.1 100.4100.4 104.6104.6 102.1102.1 103.3103.3November_____________ 108.5 107.0 107.8 101.3 96.1 100.4 104.6 102.1 103.3December-------------------- 108.5 107.0 107.8 101.3 98.1 100.4 104.6 102.1 103.3

    20Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

  • Table 9.Index Numbers of Prices of General and A uxiliary M achineryContinued[August 1939-100]

    Tear and mouth Hardnesstesters Gageblows MicrometersFrechdonmeasuringtools

    ToolroomspecialtiesFixedgages Composite

    1039: Average.___ r ___________ 100.0 100.0 100.0 100.0 . 100.0 100.0 100.0January_____________ ____ 100.0 100.0 100.0 100.0 1 100.0 100.0 100.0February_____________ ___ 100.0 100.0 100.0 100.0 100.0 100.0 100.0Marsh---------------------------- 100.0 100.0 100.0 100.0 100.0 100.0 100.0April------------------------------May.___________________ 100.0 100.0 100.0 100.0 100.0 100.0 100.0100.0 100.0 100.0 100.0 100.0 100.0 100.0June.___________________ 100.0 100.0 100.0 100.0 100.0 100.0 100.0July._________________ 100.0 100.0 100.0 100.0 100.0 100.0 100.0August._________________ 100.0 100.0 100.0 100.0 100.0 100.0 100.0100..0 100.0 100.0 100.0 100.0 100.0 100.0100.0 100.0 100.0 100.0 100.0 100.0 100.0November________ _______ 100.0 100.0 100.0 100.0 100.0 100.0 100.0December_______________ 100.0 100.0 100.0 100.0 100.0 100.0 100.0

    1040: Average__________ ______ 100.0 100.0 100.0 100.0 100.0 105.8 100.0January_________________ 100.0 100.0 100.0 100.0 100.0 105.8 100.9February________________ 100.0 100.0 100.0 100.0 100.0 105.8 100.0March.__________________ 100.0 100.0 100.0 100.0 100.0 105.8 100.9100.0 100.0 100.0 100.0 100.0 105.8 100.9100.0 100.0 100.0 100.0 100.0 105.8 100.9June.___. . . . ____________ 100.0 100.0 100.0 100.0 100.0 105.8 100.9July.___________________ 100.0 100.0 100.0 100.0 100.0 105.8 100.0August.__________ ___ ___ 100.0 100.0 100.0 100.0 100.0 105.8 100.0100.0 100.0 100.0 100.0 100.0 105.8 100.0100.0 100.0 100.0 100.0 100.0 105.8 100.9November.__. . . . . . . . . . . . . . . 100.0 100.0 100.0 100.0 100.0 105.8 100.9December-_______________ 100.0 100.0 100.0 100.0 100.0 105.8 100.9

    1941: Average_____________. . . . 101.3 105.9 106.1 106.3 103.4 105.8 105.7January.___. . . . . . . . . . . . . . . . 05.9 100.0 100.0 100.0 100.0 105.8 100.7February_____ ________ . . . 05.9 100.0 100.0 100.0 100.0 105.8 100.7M arch...________________ 05.9 103.1 100.0 100.0 100.0 105.8 100.8.05.9 103.1 100.0 100.0 100.0 105.8 100.8102.3 103.1 105.7 105.8 102.8 105.8 105.2June______________ ______ 104.3 103.1 107.6 108.6 105.5 105.8 107.2July____________________ 104.3 103.1 107.6 108.6 105.5 105.8 107.2August__________________ 104.3104.3 103.1103.1 107.6110.6 108.6110.8 105.5105.5105.8105.8 107.2108.0104.3 103.1 111.3 111.3 105.5 105.8 109.3November________________ 104.3 123.6 111.3 111.3 105.5 105.8 110.1Deoember________________ 104.3 123.6 111.3 111.3 105.5 105.8 110.1

    1942: Average________________ 100.2 114.6 111.3 111.8 105.5 105.8 109.6January__________ ____ . . . 100.2 123.6 111.3 111.8 105.5 105.8 110.0February________________ 100.2 123.6 111.3 111.3 105.5 105.8 110.0March__________________ 100.2 123.6 111.3 111.3 105.5 105.8 110.0April.___________________May.___________________ 100.2 123.6 111.3 111.3 105.5 105.8 110.0100.2 123.6 111.3 111.3 105.5 105.8 110.0June____________________ 100.2 123.6 111.3 111.3 105.5 105 8 110.0July____________________ 100.2 118.5 111.3 111.3 105.5 105.8 109.7100.2100.2

    103.1103.1 111.3111.3 111.3111.3 105.5105.5 105.8105.8 109.1100.1October.________ ________ 100.2 103.1 111.3 111.3 105.5 105.8 100.1November________________ 100.2 103.1 111.3 111.3 105.5 105.8 109.1Deoember________________ 100.2 103.1 111.3 111.3 105.5 105.8 109*11943: Average------------------------- 05.5 103.1 111.3 111.8 105.5 105.8 108.0January_________________ 05.5 103.1 111.3 111.3 105.5 105.8 106.9February________________ 05.5 103.1 111.3 111.3 105.5 105.8 108.0March__________________ 05.5 103.1 111.3 111.3 105.5 105.8 108.9a * . ----------------------------- 05.5 103.1 111.3 111.3 105.5 105.8 106.995.5 103.1 111.3 111.3 105.5 105.8 108.9June____________________ 05.5 103.1 111.3 111.3 105.5 105.8 108.9July___________________ _ 05.5 103.1 111.3 111.3 105.5 105.8 108.9August--------------------------- 05.5 103.1 111.3 111.3 105.5 105.8 106.9September________________ 05.5 103.1 111.3 111.3 1QM 105.8 108.9, October._________________ 05.5 103.1 111.3 111.3 105.5 105.8 108.9November________________ 05.5 103.1 111.3 111.3 105.5 105.8 106.0Deoember________________ 05.5 103.1 111.3 111.3 105.5 105.8 108.9

    21Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

  • Table 9.Index Numbers o f Prices of General and A uxiliary M achineryContinued[August 1939-100]

    Group IVMechanical measuring and testing instrumentsYear and month Hardnesstesters Gageblocks Micrometers

    PrecisionmeasuringtoolsToolroomspecialties

    Fixed gSw Composite

    1944: Average------------------------- 100.2 103.1 111.3 111.3 105.5 105.8 109.1January..._______________ 100.2 103.1 111.3 111.3 105.5 105.8 109.1February------------------------- 100.2 103.1 111.3 111.3 105.5 105.8 109.1Memh ........ _ r 100.2 103.1 111.3 111.3 105.5 105.8 109.1April______________*_____ 100.2 103.1 111.3 111.3 105.5 105.8 109.1100.2 103.1 111.3 111.3 105.5 105.8 109.1June____________________ 100.2 103.1 111.3 111.3 105.5 105.8 109.1July.----------------------------- 100.2 103.1 111.3 111.3 105.5 105.8 109.1August__________________September._______________ 100.2 103.1 111.3 111.3 105.5 105.8 109.1100.2 103.1 111.3 111.3 105.5 105.8 109,1October_________________ 100.2 103.1 111.3 111.3 105.5 105.8 109.1November.... . . . ________ _ , 100.2 103.1 111.3 111.3 105.5 105.8 109.1Deoember................................ 100.2 103.1 111.3 111.3 105.5 105.8 109.1

    1945: Average------------------------- 101.3 103.1 111.3 111.3 105.5 105.8 109.2January.________________ 100.2 103.1 111.3 111.3 105.5 105.8 109.1February...._____________ 100.2 103.1 111.3 111.3 105.5 105.8 109.1March______ ____________ 100.2 103.1 111.3 111.3 105.5 105.8 109.1April------------------------------May.----------------------------- 100.2 103.1 111.3 111.3 105.5 105.8 109.1100.2 103.1 111.3 111.3 105.5 105.8 109.1J u n e ......___. . . _________ 100.2 103.1 111.3 111.3 105.5 105.8 109.1July____________________ 100.2 103.1 111.3 111.3 105.5 105.8 109.1August. 1--------------------- 100.2 103.1 111.3 111.3 105.5 105.8 109.1September___ 100.2 103.1 111.3 111.3 105.5 105.8 109.1October_________________ 104.3 103.1 111.3 111.3 105.5 105.8 109.3November________________ 104.3 103.1 111.3 111.3 105.5 105.8 109.3December________________ 104.3 103.1 111.3 111.3 105.5 105.8 109.3

    Group VScientific instrumentsYear and month Temperatureinstruments Pressuregauges FlowInstruments

    Control valves and regulators Composite

    1939: Average_________________ 100.0 100.0 100.0 100.0 100.0January__________________ 100.0 100.0 100.0 100.0 100.0February__________________ 100.0 100.0 100.0 100.0 100.0Mftrnfi 100.0 100.0 100.0 100.0 100.0April--------------------------------hfcy.----------- ------------------- 100.0 100.0 100.0 100.0 100.0100.0 100.0 100.0 100.0 100.0100.0 100.0 100.0 100.0 100.0July_____________________ 100.0 100.0 100.0 100.0 100.0August----------------------------- 100.0 100.0 100.0 100.0 100.0September________ ________ 100.0 100.0 100.0 100.0 100.0October_________ : ________ 100.0 100.0 100.0 100.0 100.0November_________________ 100.0 100.0 100.0 100.0 100.0Deoember___________ ______ 100.0 100.0 100.0 100.0 100.0

    1940: Average_________________ 100.0 100.0 100.0 100.0 100.0January---------------------------- 100.0 100.0 100.0 100.0 100.0February ......_____________ 100.0 100.0 100.0 100.0 100.0March. . . . ______________ 100.0 100.0 100.0 100.0 100.0April_____________________May.------------------------------- 100.0 100.0 100.0 100.0 100.0100.0 100.0 100.0 100.0 100.0June..______ ____________ 100.0 100.0 100.0 100.0 100.0July._____________________ 100.0 100.0 100.0 100.0 100.0August.---------------------------- 100.0 100.0 100.0 100.0 100.0September_________________ 100.0 100.0 100.0 100.0 100.0October.__________________ 100.0 100.0 100.0 ; 100.0 100.0November___________ ______ 100.2 100.0 100.0 ] 100.0 100.1December______________. . . . 100.2 100.0 100.0 100.0 100.1

    22Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

  • Table 9.Index Numbers of Prices of General and A uxiliary M achineryContinued[August 1939-100]

    ----- i* ..... - .. ....Group VSdentific instruments

    Year and month Temperatureinstruments Pressuregauges FtonInstrumentsControl valves and regulators Composite

    ii 100.5 101.0 103.7 101.8 101.3J a i _________________ 100.2 100.0 100.0 100.0 100.12 S r - -------------------------- 100.4100.5 100.0100.0 100.0100.0 100.0100.0 100.2100.2April____________ 100.5 100.0 100.0 100.0 100.2May._____ 100.7 100.0 105.5 101.5 101.3June.____________________ 100.7 100.0 105.5 101.5 101.3M y-_____________ 100.3 100.0 105.5 103.1 101.8August- _________ 100.7 100.0 105.5 103.1 102.0September_________ 100.7 101.5 105.5 103.1 102.1October____ 100.7 104.0 105.5 103.1 102.1November _ ___ 100.7 104.0 105.5 103.1 102.1December__ ,___________ 100.7 104.0 105.5 103.1 102.1

    1942: Average________ 100.7 104.0 105.5 100.2 100.9January._________________ 100.7 104.0 105.5 103.1 102.1February. ____ 100.7 104.0 105.5 100.0 100.7March____________ , 100.7 104.0 105.5 100.0 100.7April_______________ 100.7 104.0 105.5 100.0 100.7iC y __ ------- 100.7 104.0 105.5 100.0 100.7June-__________ 100.7 104.0 105.5 10

  • T able 9.Index Numbers of Prices of General and A uxiliary M achineryContinued[August 1939-100]

    Tear and monthGroup VIMaterial handling equipment

    Industrialtrucks,powerIndustrialtrucks,hand Conveyors Hoists

    Freightelevators Locomotivecranes Composite

    1039: Average for year_________ 100.0 100.0 100.0 100.5 100.0 100.0 100.1January__________ 100.0 100.0 100.0 100.0 100.0 100.0 100.0February________________ 100.0 100.0 100.0 100.0 100.0 100.0 100.0March_______ _________ 100.0 100.0 100.0 100.0 100.0 100.0 100.0100.0 100.0 100.0 100.0 100.0 100.0 100.0100.0 100.0 100.0 100.0 100.0 100.0 100.0June____________________ 100.0 100.0 100.0 100.0 100.0 100.0 100.0July:*--------------------------- 100.0 100.0 100.0 100.0 100.0 100.0 100.0August.-------------------------- 100.0 100.0 100.0 100.0 100.0 100.0 100.0September_______________ 100.0 100.0 100.0 100.0 100.0 100.0 100.0October_________________ 100.0 100.0 100.0 101.9 100.0 100.0 100.3November________________ 100.0 100.0 100.0 101.9 100.0 100.0 100.3December________________ 100.0 100.0 100.0 101.9 100.0 100.0 100.3

    1940: Average for year________ 100.0 101.3 100.5 102.5 101.4 101.6 100.9January_________________ 100.0 100.0 100.5 101.9 101.4 100.0 100.6February________________ 100.0 100.0 100.5 101.9 101.4 100.0 100.6March____________ ______ 100.0 100.0 100.5 101.9 101.4 100.0 100.6{ f t : : : : : : : : : : : : : : : : : : : : : : : 100.0 101.8 100.5 101.9 101.4 100.0 100.8100.0 101.8 100.5 101.9 101.4 100.0 100.8June____________________ 100.0 101.8 100.5 101.9 101.4 101.2 100.9July.----------------------------- 100.0 101.8 100.5 101.9 101.4 101.2 100.9August__________________ lOOtO 101.8 100.5 101.9 101.4 103.2 100.9September_______________ 100.0 101.8 100.5 102.9 101.4 103.2 101.1October_________________ 100.0 101.8 100.5 103.9 101.4 103.2 101.2November________________ 100.0 101.8 100.7 103.9 101.4 103.2 101.3December________________ 100.0 101.8 100.7 103.9 101.4 103.2 101*3

    1941: Average for year_________ 99.4 105.8 101.2 106.3 110.2 105.4 103.3January_________________ 98.8 101.8 100.7 106.0 109.0 103.2 102.0February________________ 98.8 101.8 100.7 106.0 109.0 103.2 102.0March__________________ 98.8 102.0 100.9 106.0 109.0 103.2 102.1Amil-------------------------- . . .d a y .----------------------------- 99.0 102.3 100.9 106.0 109.0 103.2 102.299.0 102.3 100.9 109.0 110.8 103.2 102.7June___________________ _ 99.0 102.7 101.2 109.0 110.8 106.6 103.1July------------------------------ 99.0 108.9 101.5 109.5 110.8 106.6 104.0August.-------------------------- 99.0 109.5 101.5 109.5 110.8 106.6 104.1l a t a * - --------------------- 99.0 109.5 102.0 109.5 110.8 106.6 104.3100.0 109.5 102.1 109.5 110.8 107.4 104.5November________________ 100.9 109.5 102.1 109.5 110.8 107.4 104.7Deoember________________ 100.9 109.5 102.1 109.5 110.8 107.4 104.7

    1942: Average for year_________ 99.3 109.5 102.1 104.8 110.8 107.4 103.8January_________________ 100.9 109.5 102.1 109.5 110.8 107.4 104.7February________________ 100.0 109.5 102.1 104.4 110.8 107.4 103.9March__________________ 99.0 109.5 102.1 104.4 110.8 107.4 103.7April____________________May------------------------------ 99.0 109.5 102.1 104.4 110.8 107.4 103.799.0 109.5 102.1 104.4 110.8 107.4 103.7June____________________ 99.0 109.5 102.1 104.4 110.8 107.4 103.7July------------------------------ 99.0 109.5 102.1 104.4 110.8 107.4 103.7August__________________ 99.0 109.5 102.1 104.4 110.8 107.4 103.7September._______________ 99.0 109.5 102.1 104.4 110.8 107.4 103.7October_________________ 99.0 109.5 102.1 104.4 110.8 107.4 103.7November________________ 99.0 109.5 102.1 104.4 110.8 107.4 103.7Deoember_____ i _________ 99.0 109.5 102.1 104.4 110.8 107.4 103.71943: Average for year_________ 98.5 109.5 102.1 104.4 110.8 107.4 103.6January_________________ 99.0 109.5 102.1 104.4 110.8 107.4 103.7February________________ 99.0 109.5 102.1 104.4 110.8 107.4 103.7March__________________ 98.4 109.5 102.1 104.4 110.8 107.4 103.6April------------------------------May------------------------------ 98.4 109.5 102.1 104.4 110.8 107.4 103.698.4 109.5 102.1 104.4 110.8 107.4 103.6June____________________ 98.4 109.5 102.1 104.4 110.8 107.4 103.6July____________________ 96.4 109.5 102.1 104.4 110.8 107.4 103.6August--------------------------- 98.4 109.5 102.1 104.4 110.8 107.4 103.6September----------------------- 98.4 109.5 102.1 104.4 110.8 107.4 103.6October_________________ 98.4 109.5 102.1 104.4 110.8 107.4 103.6November________________ 98.4 109.5 102.1 104.4 110.8 107.4 103.6Deoember________________ 98.4 109.5 102.1 104.4 110.8 107.4 103.6

    24Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

  • Tabus 9.Index Numbers of Prices of General and A uxiliary MachineryContinued[Antost 1039-100]

    droop VIM aterial haw ffix qnipYear and month Industrialtrucks,power

    Industrialtracks,hand Conveyors HoistsM g * USS2W

    1044; Arattfft fftr ___ 48.4 104.5 102.1 104.4 110.8 107.4 108.0jam m y , T T ___ 48.4 104.5 102.1 104.4 110.8 107.4 103.698.4 104.5 102.1 104.4 110.8 107.4 108.6_________________M an*__________________ 48.4 104.5 102.1 104.4 110.8 107.4 108.6April _______ 48.4 104.5 102.1 104.4 110.8 107.4 108.648.4 104.5 102.1 104.4 110.8 107.4 108.6Jn Z _____ ____ _______ 46.4 104.5 102.1 104.4 110.8 107.4 108.6Inly _ ____________ 48.4 104.5 102.1 104.4 110.8 107.4 108.6Angmd__________________ 48.4 104.5 102.1 104.4 110.8 107.4 108.6SeptemhS*- ______ 46.4 104.5 102.1 104.4 110.8 107.4 108.6

  • T a bl e 9.Index Numbers of Prices o f General and A uxiliary M achineryContinuediAocvt 1939-100]

    Tear and month

    Group VIIFans ana blowers Groupv m Mechanicalstokers,powertope

    Industrial

    Group XHeat exchangers, water and oil coolers

    CentrifugalblowersPropeller Composite

    Water and oil codersi*

    |Com-

    1941: Average far year______ 108.8 107.3 108.4 103.2 101.2 105.3 120.9 117.0January.._____________ 103.9 99.8 102.7 101.7 100.0 100.0 112.0 109.0February______________ 107.5 99.8 105.2 101.7 100.0 100.0 112.0 109.0M arch...______________ 107.5 99.8 105.2 103.3 100.0 100.0 112.0 109.0107.5 99.8 105.2 103.3 100.0 100.0 112.0 109.0107.5 99.8 105.2 103.3 100.0 100.0 112.0 109.0June_________________ 108.0 106.6 108.0 103.3 100.0 100.0 127.3 120.5July__________________ 108.6 107.8 108.4 103.3 101.0 100.0 127.3 120.5August________________ 108.6 108.6 108.6 103.8 101.1 100.0 127.3 120.5September_____________ 108.6 111.7 109.5 103.3 103.0 107.5 127.3 122.4October.______________ 108.6 116.1 110.8 103.8 103.0 118.8 127.3 125.2November_____________ 113.3 119.1 115.0 103.8 103.0 118.8 127.3 125.2December._____________ 115.5 119.1 116.5 103.8 103.0 118.8 127.3 125.21942: Average f a r year.-------- 109.4 115.6 111.2 104.3 103.0 118.8 135.0 130.9January_______ *______ 115.5 119.1 116.5 104.3 103.0 118.8 130.7 127.7February______________ 111.0 117.1 112.8 104.3 103.0 118.8 130.7 127.7M arch...______________ 108.6 115.1 110.5 104.3 103.0 118.8 130.7 127.7108.6 115.1 110.5 104.8 103.0 118.8 130.7 127.7108.6 115.1 110.5 104.8 103.0 118.8 130.7 127.7June__________________ 108.6 115.1 110.5 104.3 103.0 118.8 138.0 133.2July__________________ 108.6 115.1 110.5 104.8 103.0 118.8 138.0 133.2August------------------------ 108.6 115.1 110.5 104.3 103.0 118.8 138.0 133.2September_____________ 108.6 115.1 110.5 104.3 108,0 118.8 138.0 133.2October_______________ 108.6 115.1 110.5 104.8 103.0 118.8 138.0 133.2November_____________ 108.6 115.1 110.5 104.8 103.0 118.8 138.0 133.2December______________ 108.6 115.1 110.5 104.3 108.0 118.8 138.0 133.21943: Average f a r year---------- 109.0 115.1 110.8 103.8 103.0 118.8 135.5 131.3January.._____________ 108.6 115.1 110.5 103.8 103.0 118.8 138.0 133.2February._____________ 108.6 115.1 110.5 103.8 103.0 118.8 138.0 133.2March________________ 108.6 115.1 110.5 103.8 103.0 118.8 138.0 133.2

    i f c : : : : : : : : : : : : : : : : : 108.6 115.1 110.5 103.8 103.0 118.8 138.0 133.2108.9 115.1 110.7 103.8 103.0 118.8 138.(1 133.2June__________________ 109.1 115.1 110.9 103.8 103.0 118.8 183.7 130.0July._________________ 109.1 115.1 110.9 103.8 103.0 118.8 133.7 130.0August------------------------ 109.1 115.1 110.9 103.8 103.0 118.8 133.7 130.0September_____________ 109.1 115.1 110.9 103.8 103.0 118.8 . 133.7 130.0October_______________ 109.1 115.1 110.9 103.8 103.0 118.8 , 133.7 130.0November_____________ 109.1 115.1 110.9 103.8 103.0 118.8 133.7 130.0Deoember--------------------- 109.1 115.1 110.9 103.8 108.0 118.8 133.7 130.01944: Average f a r year---------- 109.1 115.1 110.9 103.5 103.0 118.8 126.2 124.3J a n u a r y ... . .. . .. . .. . ..__ 109.1 115.1 110.9 103.5 103,0 118.8 128.8 126.3February______________ 109.1 115.1 110.9 103.5 103.0 118.8 128.8 126.3March________________ 109.1 115.1 110.9 103.5 103.0 118.8 128.8 126.3

    & = = = = 109.1 115.1 110.9 103.5 103.0 118.8 128.8 126.3109.1 115.1 110.9 103.5 103.0 118.8 128.8 126.3June_________________ 109.1 115.1 110.9 103.5 103.0 118.8 128.8 126.3July._________________ 109.1 115.1 110.9 103.5 103.0 118.8 123.6 122.3August_______________ 109.1 115.1 110.9 103.5 103.0 118.8 123.5 122.3September_____________ 109.1 115.1 110.9 103.5 103.0 118.8 123.5 122.3October_______________ 109.1 115.1 110.9 103.5 103.0 118.8 123.5 122.3November_____________ 109.1 115.1 110.9 103.5 103.0 118.8 123.5 122.3December--------------------- 109.1 115.1 110.9 103.6 108.0 118.8 128.6 122.31945: Average for year---------- 109.1 115.1 110.9 103.5 103.0 118.3 119.6 119.4January_______________ 109.1 115.1 110.9 103.5 103.0 118.8 119.6 119.4February______________ 109.1 115.1. 110.9 103.5 103.0 118.8 119.6 119.4March________________ 109.1 115.1 110.9 103.5 103.0 118.8 119.6 119.4April_________________May.................................... 109.1 115.1 110.9 103.5 103.0 118.8 119.6 119.4109.1 115.1 110.9 103.5 103.0 118.8 119.6 119.4June.................................... 109.1 115.1 110.9 103.5 103.0 118.8 119.6 119.4July__________________ 109.1 115.1 110.9 103.5 103.0 118.8 119.6 119.4August......................... ....... 109.1 115.1 110.9 103.5 103.0 118.8 119.6 119.4September_____________October_______________ 109.1 115.1 110.9 103.5 103.0 118.8 119.6 119.4109.1 115.1 110.9 103.5 103.0 118.8 119.6 119.4November_____________ 109.1 115.1 110.9 103.5 103.0 118.8 119.6 119.4December--------------------- 109.1 115.1 110.9 103.5 103.0 118.8 119.6 119.4

    26Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

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