The Railway Library, 1909: A Collection of Noteworthy Chapters, Addresses, and Papers Relating to Railways, Mostly Published During the Year
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The Railway Library, 1909: A Collection of Noteworthy Chapters, Addresses, and Papers Relating to Railways, Mostly Published During the Year
Railroads -- United States -- Periodicals
From the data in the foregoing table, which show advances averaging
nearly forty-five per cent., the following table, indicating the
present purchasing power over railway freight service of each class
of articles, in a manner similar to that adopted to measure the
increased power of labor to buy railway freight transportation, has
been derived:
Increased
Relative prices. power to pur-
---------------------- chase railway
Commodities. Increase freight services
1897. 1907. per cent. per cent.
Farm products 85.2 137.1 60.92 69.19
Food 87.7 117.8 34.32 41.22
Cloths and clothing 91.1 126.7 39.08 46.23
Fuel and lighting 96.4 135.0 40.04 47.24
Metals and implements 86.6 143.4 65.59 74.10
Lumber and building materials 90.4 146.9 62.50 70.85
Drugs and chemicals 94.4 109.6 16.10 22.07
House furnishing goods 89.8 118.5 31.96 38.74
Miscellaneous 92.1 127.1 38.00 45.00
All commodities 89.7 129.5 44.37 51.79
AGRICULTURAL PRODUCTS AND FREIGHT RATES.
The statistician to the United States Department of Agriculture
obtains annually a very large number of reports from farmers as to
prices obtained for their products and these are carefully tabulated.
The results show the average prices, at the farms, of the principal
agricultural products. The following table shows the increased prices
obtained for such products, and the increased power which these
producers enjoy, per unit of their products, to purchase railway
freight services:
Increased
power to
purchase
Price. railway
------------------------- freight
Product. Value of Increase service
crop of 1907. Unit. 1897. 1907. per cent. per cent.
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