Harper's Pictorial Library of the World War, Volume XII : $b The Great Results of the War
History
Harper's Pictorial Library of the World War, Volume XII : $b The Great Results of the War
League of Nations; Treaty of Versailles (1919 June 28); World War, 1914-1918; World War, 1914-1918 -- Economic aspects; World War, 1914-1918 -- Finance
Nov. 1, Sept. 1, Oct. 1, Nov. 1,
1917 1918 1918 1918
Breadstuffs $0.2105 $0.2077 $0.2026 $0.1999
Live stock .6785 .7400 .7100 .6960
Provisions 4.0285 4.3264 4.5359 4.5889
Fruits .4288 .3725 .3725 .3725
Hides and leather 2.3900 2.2150 2.2150 2.2050
Textiles 5.1179 5.8742 5.7554 5.7029
Metals 1.1477 1.4233 1.3662 1.3062
Coal and coke .0101 .0119 .0120 .0120
Oils .9084 1.3185 1.3121 1.2734
Naval stores .0956 .1295 .1255 .1348
Building materials .1448 .2047 .2047 .2046
Chemicals and drugs 1.4261 1.5153 1.5253 1.5278
Miscellaneous .4832 .7095 .6795 .6870
-------- -------- -------- -------
Total $17.0701 $19.0485 $19.0167 $18.9110
[Illustration: Photo by P. Thompson
A Municipal Canning Station
In city establishments like the one shown above, food that would
otherwise go to waste in the markets was saved, and women were
instructed in the best methods of putting up fruits and vegetables for
winter use.]
FOOD CONDITIONS AND PRICE LEVEL, 1919
A clear summary of the food situation and price conditions in the
half-year succeeding the armistice is to be found in the Federal
Commission's Memorandum on food stocks and wholesale prices, June, 1919:
"The comparative amounts of food stocks on hand June 1, 1919,
as against June 1, 1918, in the case of many important foods,
show that the stocks are considerably larger.
"On June 1, 1918, the United States stocks were in demand for
feeding the armies of the Allies as well as the civilian
population. The fact that stocks of many important foods were
much larger on June 1, 1919, while prices were as high or
higher, apparently, means that they are being withheld
speculatively for a world demand which is not now here but
which is expected when hunger-impelled strikes secure higher
wages with which higher food prices can be paid.
"The statistics of stocks are from the latest and last issue of
the Bureau of Markets 'Food Surveys,' June 27, 1919. We use the
quantities reported by identical firms for 1918 and 1919.
(Stocks held June 1, 1919, by other firms not reporting for
June 1, 1918, increase the actual stocks from 5 or 10 per cent.
up to 20 or 25 per cent. over the comparable stocks). The
stocks are those in warehouses and cold storage houses and in
hands of wholesale dealers. Retail stocks are not reported. The
prices are wholesale prices, furnished by the Bureau of Labor
Statistics, for the first Tuesday in June.
Public-domain text, read in full here on John Shaqi.
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