The Railway Library, 1909: A Collection of Noteworthy Chapters, Addresses, and Papers Relating to Railways, Mostly Published During the Year
History
The Railway Library, 1909: A Collection of Noteworthy Chapters, Addresses, and Papers Relating to Railways, Mostly Published During the Year
Railroads -- United States -- Periodicals
Aggregate Average
Per cent. percentage changes,
Item. Number. of total. of changes. per cent.
Prices--
Advanced 204 89.08 11,340 55.59
Reduced 13 5.68 330 25.38
Unchanged 12 5.24 -- --
Total 229 100.00 -- --
Rates advanced--
Prices advanced 44 19.22 606 13.77
Prices reduced 3 1.31 30 10.00
Prices unchanged 2 .87 8 4.00
Total 49 21.40 644 13.14
Rates reduced--
Prices advanced 42 18.34 708 16.86
Prices reduced 3 1.31 33 11.00
Prices unchanged 3 1.31 48 16.00
Total 48 20.96 789 16.44
Rates unchanged--
Prices advanced 118 51.52 -- --
Prices reduced 7 3.06 -- --
Prices unchanged 7 3.06 -- --
Total 132 57.64 -- --
The foregoing shows that while prices were advanced for 204 out of
229 articles, or 89.08 per cent. of the entire number included in the
table, the freight rates on the same articles, as expressed in money,
were advanced in but forty-nine instances, or 21.40 per cent. of the
total, money rates were reduced in forty-eight instances, or 20.96
per cent. of the total, and remained stationary in 118 instances, or
57.64 per cent. of the total. Of the rates advanced forty-four were
in cases in which the prices had also advanced, and of the rates
reduced forty-two applied to articles which had advanced in price.
Even as to the commodities which had advanced in price, the average
advance being over fifty-five per cent., money rates were advanced in
but forty-four instances out of 204 and the average advance was but
13.77 per cent. and there were forty-two reductions in money rates,
such reductions averaging 16.86 per cent.
SIGNIFICANCE OF THE DEPRECIATION OF MONEY.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account