Evening Republican, Volume 19, Number 84, Rensselaer, Jasper County, 9 April 1915 — Prices Higher—Wages Lower. [ARTICLE]

Prices Higher—Wages Lower.

Washington, D. C., April 7.—The department of agriculture has issued a statement on the trend of prices of farm products and wages of farm labor. “The level of prices paid producers for the principal crops increased about 2.5 per cent during February,” says the report. “In the past seven years the price level has increased during February 1.6 per cent. On March 1 the index figure of crop proces was about 7.6 per cent higher than a year ago, 27.1 per cent higher than two years ago, and 12 per cent higher than the average of the past seven years on March 1. The level of prices paid to producers for meat animals decreased 1.7 per cent during the month of Jan. 15 to Feb. 15 On Feb. 15 the average price of meat animals, hogs, cattle, sheep and chickens, was $6.46 per hundred pounds, which compares with $7.27 a year ago, $6.70 two years ago, $5.54 three years ago, $6.19 four years ago, and $6.71 five years ago.”