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Retail Prices of Food, 1949 Bulletin No. 1032 UNITED STATES DEPARTMENT OF LABOR Maurice J. Tobin, Secretary BUREAU OF LABOR STATISTICS Ewan Clague, Commissioner Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Retail Prices of Food, 1949 · Retail prices and indexes of individual foods in 1949_____ 11 TABLES 1. —Indexes of retail prices of food in large cities combined, by year, 1913-49,

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Page 1: Retail Prices of Food, 1949 · Retail prices and indexes of individual foods in 1949_____ 11 TABLES 1. —Indexes of retail prices of food in large cities combined, by year, 1913-49,

Retail Prices of Food, 1949

Bulletin No. 1032UNITED STATES DEPARTMENT OF LABOR

Maurice J. Tobin, Secretary BUREAU OF LABOR STATISTICS

Ewan Clague, Commissioner

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Page 2: Retail Prices of Food, 1949 · Retail prices and indexes of individual foods in 1949_____ 11 TABLES 1. —Indexes of retail prices of food in large cities combined, by year, 1913-49,

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Page 3: Retail Prices of Food, 1949 · Retail prices and indexes of individual foods in 1949_____ 11 TABLES 1. —Indexes of retail prices of food in large cities combined, by year, 1913-49,

Retail Prices o f Food, 1949

Bulletin No. 1032 UNITED STATES DEPARTMENT OF LABOR

Maurice J. Tobin, SecretaryBUREAU OF LABOR STATISTICS

Ewan Clague, C om m issioner

For sale by the Superintendent of Documents, U. S. Government Printing OfficeWashington 25, D. C. - Price 15 cents

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Page 4: Retail Prices of Food, 1949 · Retail prices and indexes of individual foods in 1949_____ 11 TABLES 1. —Indexes of retail prices of food in large cities combined, by year, 1913-49,

Letter of TransmittalUnited States D epartment of Labor,

Bureau of Labor Statistics, Washington, D. C., September 15, 1950.

The Secretary of Labor:I have the honor to transmit herewith a report on retail prices and

indexes of retail prices of foods for the year 1949.In 1949, retail food prices were almost 4 percent below those for 1948,

and second only to 1948 in being the all-time high. After a sharp drop in February 1949, prices fluctuated moderately from month to month around a downward trend that continued through December.

A mimeographed report on retail prices of food, giving index numbers by group and subgroup of commodities and average prices for individual foods in each of 56 cities will continue to be issued monthly and will be available on request as heretofore.

This report was prepared by Frances H. Martin of the Food Section of the Bureau's Branch of Consumers' Prices.

E wan Clague, Commissioner.Hon. M aurice J. T obin,

Secretary oj Labor.

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ContentsPage

Summary___________________________________________________________________________ 1Food prices during 1949___________________________________________________________ 1Changes in food prices by city____________________________________________________ 3Trend of prices for major food groups___________________________________________ 3Retail prices and indexes of individual foods in 1949___________________________ 11

TABLES1. — Indexes of retail prices of food in large cities combined, by year, 1913-49,

and by month, January 1947 to December 1949______________________________ 22. — Indexes of retail prices of food, by city and by month, 1949________________ 63. — Indexes of retail prices of food in large cities combined, by commodity

group, by year, 1923-49, and by month 1949_________________________________ 74. — Average retail prices of principal foods in large cities combined, by month,

1949______________________________________________________________________________ 85. — Indexes of retail prices of principal foods in large cities combined, by

month, 1949______ 106. — Annual average retail prices of principal foods, by city, 1949____________ 12

APPENDIXBrief description of Retail Food Price Index___________________________________ 17

Store sample selection________________________________________________________ 17Collection of prices___________________________________________________________ 17Processing_____________________________________________________________________ 18Relative importance__________________________________________________________ 18Revisions______________________________________________________________________ 18Publications___________________________________________________________________ 19

APPENDIX TABLESTable A .— Population weights used in computing retail food prices and

indexes for 56 cities combined__________________________________________________ 20Table B.— List of foods and relative importance of individual foods and

groups of foods included in the Retail Food Price Index, in the base period (1935-39), December 1948, and December 1949______________________________ 20

HI

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Retail Prices of Food, 1949

SummaryAt the beginning of 1949, unemployment was

rising, and there was uncertainty about the chances of a price recession similar to that of February 1948. Markets were becoming buyers' markets as more plentiful supplies of durable goods began to fill the pent-up demand created by World War II. In satisfying this demand, more money was spent on durable goods and less on food. High food prices and efforts by con­sumers to save more of their incomes further contributed to a decline in the demand for food and tended to bring prices down. Buying by retailers and wholesalers became more cautious and inventories were lowered.

In the first 2 months of 1949 retail food prices continued the decline from the all-time peak reached in August 1948. Through the remainder of the year, food prices fluctuated within a limited range compared with the record peak and sub­sequent declines during 1948. By December 1949, retail food prices averaged 3.8 percent lower than in December 1948.

Table 1 and chart 1 present the trend in retail prices of all foods combined, from 1913 through 1949.

Food Prices During 1949During January and February 1949, food

prices continued the downward trend begun in 1948, with declines in prices of meats, eggs, and fats and oils being the major contributing factors. Declines would have been much greater had it not been for the counteracting effect of higher fresh fruit and vegetable prices. Higher prices for these items followed the cold-weather damage in Florida, Texas, California, and Arizona.

A 2^-percent drop for all foods from mid- January to mid-February was slightly larger than during the period of the commodity market break of February 1948. As in 1948, retail prices were affected by drops in prices of wheat and corn, as well as by the large marketings of

cattle and hogs. This resulted in larger than usual declines in the prices of meats.

In March and April, prices again rose moder­ately at the rate of about 1 percent a month. The trend in meat prices was reversed and prices rose more than seasonally during the 2 months in spite of the lower Lenten demand. Fresh fruits and vegetables continued to rise, although less than seasonally. Egg prices were also higher, contrary to the usual seasonal movement as the Lenten season brought greater demand and egg shipments were hindered by weather conditions.

In May, prices decreased slightly on the aver­age, as lower prices for most food groups were not offset by higher prices for eggs, fresh fruits and vegetables, lamb, beef, and veal. Pork prices dropped contraseasonally following a break in hog prices when marketings were larger than expected.

In June, prices of meats and eggs were up much more than seasonally. Sugar prices increased slightly. Coffee prices, which had shown small in­creases in January and February, decreased slightly in March, April, and May. They then started the advance that gained momentum as the year progressed.

In July, the index for all foods again went down, with prices slightly more than 1 percent lower. All food groups were lower except eggs, dairy products, beverages, and dried fruits and vege­tables.

With minor exceptions, the food-trend patterns for August and September were similar, amounting to fractional over-all increases. Prices increased for these 2 months for practically all groups except fresh and canned fruits and vegetables. In Au­gust, lard prices rose about 8 percent, and mar­garine 3K percent.

During the last quarter of the year, the trend in food prices was predominantly down. There were, however, a few exceptions to this trend. In October, all food groups declined except dairy products, coffee, and sugar. In November, sugar continued to increase slightly, Beef and veal

1

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RETAIL PRICES OF FOOD, 1949

[1935-39-100]

T able 1.— Indexes of retail prices of food in large cities combined, by year, 1918-49 > and> by month, January 1947 to December1949

YearAll­

foodsindex

YearAll­

foodsindex

YearAll­

foodsindex

Year and month

All­foodsindex

Year and month

All­foodsindex

Year and month

All­foodsindex

B Y YEAR BY M O N T H

1913................... 79.9 1925................. 132.9 1937................. 105.3 1947 1948 19491914__________ 81.8 1926.................. 137.4 1938.................. 97.8 January______ 183.8 January______ 209.7 January........... 204. g1915...... ............. 80.9 1927.................. 132.3 1939 ................ 95.2 February_____ 182.3 February_____ 204.7 February_____ 199.71916_________ 90.8 1928 _______ 130.8 1940 ____ ____ 96. 6 March___ ____ 189.5 March.............. 202.3 March_______ 201. €

April___ _____ 188.0 April. ________ 207.9 April................ 202. i1917................... 116.9 1929.................. 132.5 1941.................. 105.51918...... ............ 134.4 1930.................. 126.0 1942................. 123.9 May......... ...... 187.6 May_________ 210.9 May................. 202.41919................... 149.8 1931................ 103.9 1943........ ........ 138.0 June_________ 190.5 June_________ 214.1 June_________ 204. i1920....... ............ 168.8 1932.............. 86.5 1944.................. 136.1 July................. 193.1 July................. 216.8 July................. 201.7

August... ____ 196.5 August__ __ 216.6 August_______ 202. (1921.................... 128.3 1933.................. 84.1 1945.................. 139.11922.................... 119.9 1934............. 93.7 1946........... ...... 159.6 September____ 203.5 September____ 215.2 September____ 204.51923 .................. 124.0 1935 ................ 100.4 1947.................. 193.8 October______ 201.6 October______ 211.5 October........... 200. (1924 — ............. 122.8 1936.................. 101.3 1948................ 210.2 November____ 202.7 November____ 207.5 November____ 200A

1949................ 201.9 December........ 206.9 December........ 205.0 December........ 197.:

Chart 1. Retail Prices of Food in Large Cities Combined

INDEX240

1935-39 * 100

220 -

200

180

160

140

120

100

INDEX240

220

200

180

140

120

100.

1913 1915 1920 1925 1930 1935 1940 1945 1949

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RETAIL PRICES OF FOOD, 19^9 3

prices advanced fractionally. Cereals and bakery products also showed slight increases, as the Texas hurricane damaged the rice crop. Prices of fresh fruits and vegetables in November took a sizable contraseasonal jump and coffee prices soared 24 percent. These price rises counteracted gen­eral declines for all other groups so that no appre­ciable change was shown on the average.

In December, coffee prices alone continued the upward trend, increasing an additional 10 percent to establish a record high at retail for this com­modity for the fourth consecutive month. All other groups declined to bring the average down 1.7 percent over the month. Prices were affected by a number of factors, among which were increas­ing price resistance, foreign currency devaluation, strikes, large numbers of hogs marketed from a spring pig crop about 15 percent greater than in1948, price supports, weather conditions, and gen­eral world affairs.

Changes in Food Prices by CityThe price decline over the year was general for

the 56 cities surveyed by the Bureau. In direct contrast to the 1948 pattern, prices for 1949 aver­aged lower in all cities, ranging from 2.5 percent lower in San Francisco to 6.5 percent in Cleveland.

After average declines in 38 cities in January1949, and all 56 cities in February 1949, the downward swing started in August 1948 was halted.

From March through September, the trend was upward except for a reversal in July. However, from October through December a downward trend occurred.

A comparison of December 1948 with December 1949 shows that prices decreased in all cities, ranging from 0.7 percent in New Haven to 8.2 percent in Los Angeles.

Indexes of average retail food prices by city during 1949 are presented in table 2. (Annual average prices of individual foods by city are shown in table 6.)

Trend of Prices for Major Food GroupsTrends among major food groups varied from

December 1948 to December 1949. Prices de­clined for five major groups: fats and oils (25.9 percent); eggs (18.1 percent); meats, poultry, and

fish (7.5 percent); dairy products (6.5 percent); and cereals and bakery products (0.6 percent). Prices rose for three groups: beverages (40.8 per­cent); fruits and vegetables (3.1 percent); and sugar and sweets (3.4 percent).

In December 1949, prices had risen most above the 1935-39 level for beverages (192.5 percent), and meats, poultry, and fish (123.2 percent). On the other hand, prices of fats and oils had declined to a point only 36.7 percent above the 1935-39 level.

Table 3 presents indexes of retail food prices by group for the years 1923 through 1949 and for each month in 1949. The accompanying chart shows the trend of retail food prices by group through 1949.

Cereals and bakery products.—Retail prices for cereals and bakery products remained relatively stable on the average for the second year near the record of January 1948. Prices had risen steadily from 1946 through January 1948, after which they leveled off, showing fractional declines over the last 2 years. The largest price changes over the year for items in this group were declines of 13 percent for rice, 8K percent for corn meal, and 6 percent for rolled oats.

Meats, poultry, and fish.—Prices of the meats, poultry, and fish group decreased 7% percent over the year, with chickens down 13 K percent, fish 9 percent, and meats percent. All meat items decreased. Pork prices dropped 13K percent as salt pork prices dropped 20 percent, bacon 18 per­cent, whole ham 13 percent, and pork chops 10% percent. Beef and veal averaged 4 percent lower with largest decreases for hamburger (9 percent), chuck roast (8 percent), and rib roast (nearly 4K percent). Leg of lamb declined 1 percent.

At the beginning of the year, the number of cattle on feed in the United States was the largest on record. The number of hogs was 4 percent greater than the year before and the largest since January 1, 1946.

In January and February, prices for the meats, poultry, and fish group moved down more than seasonally.

By March and April, meat prices had reversed their downward trend of the previous 6 months to advance more than seasonally. This trend ex­tended through June except for pork, which weakened contraseasonally in May with large

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4 RETAIL PRICES OF FOOD, 1W9

Chart 2. Retail Prices for Groups of Food in Large Cities Combined.

1935-39 = 100

300 f Cereals and Bakery Products -

250

200

150

100

501___ I___ I___ I___ I___ ___ l___ l___« i i i i i

250

2 00

150

100

UNITED STATES DEPARTMENT OF LABOR BUREAU OF LABOR STATISTICS

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RETAIL PRICES OF FOOD, 1949 5

marketings as farmers feared a change in market­ing policy. Helping to push prices up during this period were good consumer demand, curtailed shipments brought about by good weather during the corn planting season and the increasingly higher hog-corn ratio, and small supplies of lamb. During the Lenten season, demand increased for chickens and ham. After Lent there was more demand for beef. Beef and veal rose 1 percent in May and percent in June. Scarce lamb, after larger than seasonal increases in March (5% per­cent) and April (12V2 percent), continued upward in May and June. In June 1949, leg-of-lamb was selling at an all-time high of over 80 cents a pound. Pork prices, which weakened in May (2% percent) contraseasonally, rose 6 percent in June.

By July, prices of all subgroups declined, with lamb taking the largest drop (4% percent). Lamb prices continued their greater than seasonal de­cline through August (over 6K percent), when other meats started to rise again. Prices were fluctuating with amounts of receipts, as growers attempted to maintain prices by withholding animals when markets weakened. In August, prices of chickens and fish which (except for the short Lenten demand) had been declining almost steadily since February, rose along with other items in the group.

By September, the rise was general. However, hog growers realized that support prices would decline gradually throughout the rest of the year and attempted to market their hogs as early as possible without breaking the market. In October, the decline set in and continued through the remainder of the year. This drop remained about seasonal as strong demand helped to coun­teract the effects of unusually large marketings.

The December 1949 index for meats, poultry, and fish was 223.2 (1935-39=100), the lowest level since February 1949. In December, meat prices reached the lowest level since February 1949, fish prices were the lowest since October 1947, and chickens the lowest since April 1947.

Dairy products.—Prices of dairy products moved to a level 6% percent lower in December 1949 than in December 1948. All items in the group showed declines from the record highs of 1948. Prices, which were already high, declined much more than the usual seasonal amounts to a level near that of July 1947.

953721— 51------- 2

Prices of fresh grocery milk declined 8 percent and delivered milk declined 7 percent over the year. In January, February, and March, de­clines were mainly through Northeastern and North Central areas. By April, the decreases were quite general. In May, decreases were predominantly in the North Central area. From then on, price changes were mixed, with the trend chiefly upward through October, then slightly downward the last 2 months of the year. Prices in the Mountain area remained stable throughout the year.

Per capita consumption of milk was somewhat lower in 1949 than in 1948. However, with the population larger, the total Assumption remained about the same as the year before. Milk output per cow was kept high throughout the year by unusually good pastures in the most important dairy areas and by heavy feeding of grains and other concentrates in sections affected by drought.

There was no direct Federal Government sup­port price on milk for fluid use. The price was established at the producer level through market­ing agreements and orders, State-local control boards, etc.

Butter prices fluctuated during the year over a narrower range than other items in the group. At the beginning of the year, prices were declining as increasing amounts of milk and cream were diverted from other sources to butter. On February 8, 1949, the United States Department of Agriculture announced a price-support program for butter, designed to yield farmers 90 percent of parity for butterfat for the year as a whole. The program was to be carried out through offers to purchase butter at wholesale when necessary. On February 9, in order to supplement the butter- support program by stabilizing producer prices for manufacturing milk, the Department of Agri­culture also announced resumption of the pro­curement program for nonfat dried milk, which had been suspended temporarily near the end of 1948.

Butter prices continued to decline as production passed consumption, and there was confusion over the Government program. Then the Commodity Credit Corporation announced that support prices would be made on a daily basis instead of weekly, an assurance that the Government intended to continue its support program through 1949 as

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6 RETAIL PRICES OF FOOD, 1949

T able 2.— Indexes of retail prices of food, by city 1 and by month, 1949[1935-39=100]

1949

Region and city Average for the year

Jan. 15 Feb. 15 Mar. 15 Apr. 15 May 15 June 15 July 15 Aug. 15 Sept. 15 Oct. 15 Nov. 15 Dec. 15

United States....... ........ ............ 201.9 204.8 199.7 201.6 202.8 202.4 204.3 201.7 202.6 204.2 200.6 200.8 197.3N e w E n g la n d

Boston______________________ 192.9 194.1 187.8 190.9 191.3 192.4 195.9 194.2 194.6 197.1 193.7 193.2 189.5Bridgeport__________________ 200.0 200.0 194.9 197.9 198.8 201.7 205.0 200.3 201.1 204.8 198.2 200.3 197.0Fall River_______ ___________ 198.8 199.8 195.3 199.6 199.4 197.0 201.1 199.3 201.2 201.7 198.7 198.1 193.8Manchester__________________ 199.4 201.8 196.4 199.3 199.7 199.4 205.2 200.3 202.1 203.3 197.2 195. 5 192.9New Haven_________ _______ 195.3 195.1 190.9 193.6 194.3 194.3 198.5 194.7 194.2 198.3 197.9 2 198. 4 193.1Portland, Maine_____________ 191.9 194.3 189.7 191.5 190.0 191.1 197.2 194.7 194.8 193.8 189.7 188.4 187.2Providence___________ _____ 207.1 210.1 202.9 206.4 206.8 206.5 208.9 209.7 209.0 210.9 207.0 205.2 201.3

M i d d l e A t l a n t i cBuffalo.._________ __________ 196.2 197.9 191.4 195.0 195.5 198.9 199.6 200.2 199.5 198.2 195.1 193.2 189.3Newark____________________ k 198.6 200.1 196.3 197.6 199.7 198. 5 199.6 198.5 198.5 201.2 198.2 198.6 196.1New York______ __________ 3 * 202.7 205.3 200.0 202.4 203.7 202.2 203.4 204.1 204.1 205.8 201.0 201.5 198.8Philadelphia_________________ 197.4 200.4 195.0 196.7 197.9 198.1 198.7 195.2 198.3 199.9 197.9 196.8 193.5Pittsburgh__________________ 205.8 208.0 202.2 204.6 206.1 208.0 208.8 205.3 207.9 208.0 204.8 205.4 200.8Rochester___________________ 195.5 195.5 192.1 193.3 194.3 198.3 199.3 197.5 198.6 198.1 193.7 193.5 192.0Scranton______ ____________ _ 201.4 201.6 196.0 201.1 202.2 202.6 204.1 202.7 206.1 208.3 200.9 198.1 193.2

E a s t N o r th C e n tr a lChicago_______ ________ _____ 207.4 207.3 202.7 205.9 208.5 207.0 211.6 207.4 209.2 212.1 206.5 208.3 202.2Cincinnati__________________ 201.5 205. 5 199.7 201.9 203.2 200.3 204.2 200.5 201.6 205.4 199.7 198. 7 197.3Cleveland___________________ 209.0 212.8 207.2 210.2 209.2 208.1 211.2 208.9 210.4 211.1 209.2 206.0 203.2Columbus, Ohio................. ........ 184.3 188.6 182.3 184.3 185.6 184.3 185.4 182.9 186.2 187.9 183.6 180.8 179.3Detroit_____________________ 196.6 197.3 194.5 195.1 197.0 200.0 201.5 197.9 197.2 197.4 192.4 195.5 193.4Indianapolis_________________ 197.9 200.9 195.5 197.9 196.7 197.3 200.5 195.7 199.3 200.5 198.9 196.9 194.5Milwaukee.............. .................. 202.2 206.5 200.8 203.2 205.8 204.9 205.6 201.6 200.0 203.7 199.4 199.3 196.1Peoria______________________ 212.4 215.7 207.9 210.8 211.1 212.4 218.9 214.6 214.9 214.4 211.9 210.0 206.5Springfield, 111----------------------- 208.0 214.0 206.0 207.5 208.0 207.8 214.0 208.4 210.1 209.6 204.7 204.4 201.6

W e s t N o r th C e n tr a lCedar Rapids1 2 3---------------------- 206.1 211.5 206.8 207.8 209.0 208.1 211.2 205.1 203.9 205.2 201.2 203.4 200.3Kansas City______ __________ 188.9 194.6 189.2 189.8 189.8 189.0 190.5 188.5 187.2 190.7 186.0 186.9 184.5Minneapolis______ ________ 192.0 195.3 190.1 192.4 193.1 193.5 194.3 190.6 190.1 192.8 191.1 192.0 188.7Omaha_____________________ 196.4 198.0 195.7 196.5 196.4 196.9 201.1 196.2 196.4 197.9 195.7 194.7 190.9St. Louis........ ....... ....... ............ 208.9 212.4 207.1 207.6 207.5 207.8 212.8 206.8 210.6 211.6 207.5 208.6 206.2St. Paul_________ ___________ 189.7 192.9 188.9 190.4 191.0 191.6 192.3 189.1 188.8 190.3 187.5 187.9 186.0Wichita3____________________ 213.1 219.0 213.0 215.1 215.3 214.0 216.4 210.7 211.9 211.8 211.2 210.9 207.8

S o u th A t la n t i cAtlanta_______ _ . . . . . . ___ 199.3 202.1 194.7 198.3 197.5 197.0 200.5 198.3 203.9 206.9 199.9 197.7 194.7Baltimore.._____ _ _______ 212.8 213.5 210.3 212.9 212.4 213.0 216.2 211.5 215.4 216.4 211.5 211.9 208.1Charleston, S. C. ----------------- 192.3 196.9 190.8 193.8 195.2 191.3 195.4 190.3 193.9 193.0 190.5 189.2 187.9Jacksonville____ ___________ 206.3 210.6 201.2 206.0 206.6 205.6 208.3 207.0 206.0 208.5 205.9 206.9 202.8Norfolk_____________________ 204.2 208.7 202.0 203.5 205.2 204.9 206.9 202.0 206.1 208.9 203.5 200.8 198.0Richmond.. ________________ 196.8 200.3 193.5 197.1 195.5 195.0 197.5 195.8 200.7 202.4 197.4 195.0 191.3Savannah_________________ _ 211.4 215.3 208.5 212.4 212.2 213.2 217.1 210.2 212.5 218.3 208.2 207.1 201.8Washington, D. C__________ 200.5 202.4 195.2 198.8 200.1 201.2 202.2 200.4 203.5 203.8 200.1 202.6 196.1W inston- Salem 3_____ _____ 198.8 203.7 195.6 197.8 198.3 197.8 200.6 198.9 200.6 200.6 197.5 197.8 196.3

E a s t S o u th C e n tr a lBirmingham________________ 198.2 202.0 195.8 197.4 198.3 198.5 201.4 198.6 199.8 201.9 197.2 197.2 190. 5Jackson3____________________ 205.6 209.5 205.4 203.7 203.1 204.7 205.5 207.8 205.5 206.0 204.4 206.5 204.5Knoxville 3_ ___________ _____ 223.8 230.0 221.3 222.1 220.5 223.2 226.0 222.3 226.5 227.3 223.6 223.3 220.0Louisville___________________ 190.1 193.9 189.2 187.7 187.6 189.4 194.1 189.4 192.4 194.3 189.7 188.3 185.0Memphis __________________ 213.2 217.1 212.2 211.9 214.9 215.6 215.3 217.1 214.3 213.0 209.7 210.2 206.9Mobile_____________________ 206.2 214.5 207.4 206.9 203.9 204.6 207.9 205.8 206.6 207.0 204.8 203.6 201.3

W e s t S o u th C e n tr a lDallas____ __________________ 204.4 207.1 200.7 202.0 204.4 204.4 204.9 204.8 205.3 207.0 204.8 205.0 201.9Houston------ ------- ---------------- 211.6 215.7 208.0 209.6 212.6 211.3 211.8 211.0 211.6 212.2 212.4 212.7 210.5Little Rock.................. ............ 199.7 199.8 197.2 198.0 201.2 201.9 204.2 196.8 201.6 201.4 198.2 198.8 197.0New Orleans__________ ____ 212.6 * 213.2 210.2 211.0 212.4 210.1 215.2 214.0 214.4 215.5 210.0 213.2 211.7

M o u n t a i nButte____________ __________ 201.7 205.0 201.5 201.3 204.6 202.6 206.7 202.1 200.8 201.4 200.2 199.8 194.1Denver_____________________ 203.4 209.6 204.5 207.0 208.1 206.6 208.2 204.5 199.1 200.2 196.0 200.2 196.2Salt Lake City___ __________ 204.8 211.8 207.4 207.3 206.6 206.6 207.5 204.9 201.0 203.1 202.6 202.0 196.6

P a c i f icL o s Angeles................ ............... 205.8 215.5 210.8 211.2 212.1 208.7 206.6 202.3 201.7 202.8 200.6 200.5 197.2Portland, Oreg_______________ 215.6 224.2 220.4 222.5 221.6 218.8 219.4 3 213.6 211.6 211.1 209.7 207.8 206.3San Francisco_______________ 215.3 223.2 219.3 216.3 222.1 215.3 215.5 212.6 209.9 213.7 213.1 212.9 210.1Seattle...................................... 208.9 214.4 213.6 213.5 212.8 209.3 208.5 205.8 205.5 208.0 205.0 207.4 203.1

1 Aggregate costs of foods in each city, weighted to represent total purchases by families of wage earners and lower-salaried workers, have been combined for the United States with the use of population weights.

2 Estimated index based on half the usual sample of reports. Remaining reports lost in the mails. Index for Dec. 15, reflects the correct level of foodprices for New Haven.

2 June 1940=100.4 Estimated index based on half the usual sample of reports. Remaining

reports lost in the mails. Index for Feb. 15, reflects the correct level of food prices for New Orleans,

3 Revised,

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Page 13: Retail Prices of Food, 1949 · Retail prices and indexes of individual foods in 1949_____ 11 TABLES 1. —Indexes of retail prices of food in large cities combined, by year, 1913-49,

RETAIL PRICES OF FOOD, 1949 7

announced. By May, retail butter prices dropped more than 6 percent from the December 1948 level. Storage stocks on May 1 amounted to 15 million pounds compared with 4 million pounds the year before. Creameries were selling below price-sup­port levels because of the opportunity for quicker returns and the difficulty of accumulating carlots of uniform grading and packaging necessary in order to participate in the price-support program. During May, the Department of Agriculture pur­chased approximately a million pounds of butter, bringing the season total to approximately 2% million pounds.

There was not much change in retail butter prices during June and July. However, in the latter part of July, announcements were made of

a support price for cheese and an unexpected 3-cent increase in the support price for butter. Butter prices then reversed their trend of the first half of the year and rose from August through December. Total purchases in 1949 were 15 million pounds.

Retail prices of cheese, which had been declining contraseasonally, continued to decline through May 1949. At the beginning of the year, cheese was suffering from the largest increase in produc­tion of the manufactured dairy products, and competition with lower meat prices. In July, wholesale prices declined to the lowest point since June 1946, and on July 28 a 31.75 cent-per-pound support price was announced. Retail prices then rose through October and remained stable through December, in contrast to the contraseasonal

T able 3.— I?idexes of retail prices of food, in large cities combined,l by commodity group, by year, 1928 to 1949, and by monthJanuary 1949 to December 1949

[1935-39=1001

Year and month Allfoods

Cere­alsand

bakeryprod­ucts

Meatspoul­tryandfish

MeatsChick­

ens FishDairyprod­ucts

Eggs

Fruits and vegetablesBever­ages

Fatsandoils

Sugarand

sweetsTotalBeefandveal

Pork Lamb Total Fresh Can­ned Dried

BY YEAR, 1923 TO 1949 1 2

1923 124.0 105. 5 101.2 129.4 136.1 169.5 173. 6 124.8 175.4 131. 5 126.2 175.41924 122.8 107 2 102.4 124.1 139. 0 159. 5 162. 7 122. 2 159. 6 147. 6 134.1 159.11925 132.9 116.0 111.3 128. 1 151. 2 185.1 193. 5 132.3 159.0 170.3 149.1 124.61926 137.4 115.7 117.8 127.4 141.7 210.8 226.2 122.9 152.4 170.4 145.0 120.01927 132. 3 113.3 116.0 130. 7 133.2 183.8 194.4 120. 8 145.9 163.3 132. 8 127. 21928 130.8 110.1 123.1 131. 4 137.3 161. 4 166. 5 120. 6 153. 9 165. 2 128. 3 123.11929 132. 5 107. 6 127.1 131.0 143. 8 169.0 173. 5 124.3 171.0 164.8 127. 2 114.31930 126.0 104.3 119.1 121.0 121.4 177.5 185. 7 118. 6 158. 7 143. 4 119.2 107.41931 103.9 91.4 101.1 102.8 95.6 125.7 128. 7 103.3 118. 7 124. 6 96. 0 99.11932 86.5 82. 6 79.3 84.9 82.3 103. 5 105.9 91.1 91. 2 112. 6 71.1 89. 61933 . . 84.1 84. 7 68.9 82.8 77. 9 113.8 118.9 87.9 88.4 102. 4 66.4 94.31934 93. 7 98.3 78. 9 90.9 88. 6 119.1 122.3 103. 9 101.1 107. 6 76. 4 97 91935_____________ 100.4 101.8 99.9 100.7 98.9 104.7 96.3 95.5 98.2 97.5 104.2 99.7 98.8 106.2 100.8 104.0 110.3 100.71936____________ 101.3 100.7 98.9 98.6 94. 7 103.4 101.1 101.1 98.5 101.6 103.3 104.8 106.2 100.9 96.6 99.4 102.8 99.61937_____________ 105.3 103. 3 105.8 106.4 106.5 106.6 105.2 104.9 101.0 105.4 101.2 107.9 108.6 103.2 116.0 103. 6 105.8 101.21938_____________ 97.8 99.8 98.9 97.8 98.7 96.3 97.9 104.6 101.3 99.6 100.3 93.2 92.1 97.4 93.3 97.7 93.5 97.91939________ ____ 95.2 94.5 96.6 96.6 101.1 88.9 99.5 93.8 101.0 95.9 91.0 94.5 95.1 92.3 93.3 95.5 87.7 100.61940_____________ 96.6 96.8 95.8 94.4 102.8 81.1 99.7 94.8 110.6 101.4 93.8 96.5 97.3 92.4 100.6 92. 5 82.2 96.81941_____________ 105.5 97.9 107.5 106.5 110.8 100.1 106.6 102.1 124.5 112.0 112.2 103.2 104.2 97.9 J06.7 101.5 94.0 106.41942_____________ 123. 9 105.1 126.0 122.5 123.6 120.4 124.1 122.6 163.0 125.4 136.5 130.8 132.8 121.6 136.3 122.1 119.6 126.51943_____________ 138.0 107.6 133.8 124.2 124.7 119.9 136.9 146.1 206.5 134.6 161.9 168.8 178.0 130.6 158.9 124.8 126.1 127.11944..... ................. 136.1 108.4 129.9 117.9 118.7 112.2 134.5 151.0 207.6 133.6 153.9 168.2 177.2 129. 5 164.5 124.3 123.3 126.51945_____________ 139.1 109.0 131.2 118.0 118.4 112.6 136.0 154.4 217.1 133.9 164.4 177.1 188.2 130.2 168.2 124.7 124.0 126.51946_____________ 159.6 125.0 161.3 150.8 150. 5 148.2 163.9 174.0 236.2 165.1 168.8 182.4 190.7 140.8 180.4 139. 6 152.1 143.91947_____________ 193.8 155.4 217.1 214.7 213.6 215.9 220.1 183. 2 271.4 186.2 200.8 199.4 201.5 166.2 263.5 186.8 197.5 180.01948_____________ 210.2 170.9 246.5 243. 9 258.5 222.5 246.8 203.2 312.8 204.8 208.7 205.2 212.4 158.0 246.8 205.0 195.5 174.01949— . ........ ........ 201.9 169.7 233.4 229.3 241.3 205.9 251.7 191.5 314.1 186.7 201.2 208.1 218.8 152.9 227.4 220.7 148.4 176.4

BY PRICE REPORTING PERIOD, 1949191,9

Jan 15................... 204.8 170.5 235.9 228.2 244.5 203.1 234.4 208.9 331.7 196.0 209.6 205.2 213.3 159.2 228.4 208.7 174.7 173.4Feb. 15.................. 199.7 170.0 221.4 212.3 220.5 196.3 228.4 199.0 327.2 192.5 179.6 213.7 224.9 158.6 224. 6 209.0 159.8 174.3Mar. 15................ 201.6 170.1 229.6 222.5 230.3 206.4 240.7 198.9 325.9 190.3 180.1 214.5 226.0 158.0 227.9 208.5 155.1 175.6Apr. 15...... ............ 202.8 170.3 234.4 228.5 233.3 209.5 271.0 201.2 321.3 184.9 183.8 218.6 231.5 157.1 228.3 208.2 149.8 176.2May 15.......... ....... 202.4 170.1 232.3 228.0 235.2 203.9 275.5 190.5 315.4 182.6 190.9 220.7 234.6 156.3 227.5 207.2 144.4 176.1June 15.................. 204.3 169.7 240.6 239.3 247.8 216.0 278.4 184.4 312.6 182.0 198.0 217.9 231.1 155.3 227.3 207.6 142.9 176.5July 15__________ 201.7 169.5 236.0 234.4 245.3 209.8 265.5 182.8 307.7 182.2 204.1 210.2 221.2 154.2 228.1 208.2 141.0 176.2Aug. 15_________ 202.6 169.4 239.5 237.3 246.3 221.9 247.8 191. 5 308. 9 184.9 222.2 201.9 211.4 149.7 229.6 208.8 144.0 176.5Sept. 15......... ....... 204.2 169. 7 243.6 242.0 249.9 227.6 254.7 192.5 311.9 185.3 232.6 199.8 209.0 148.0 230.1 211.0 148.3 176.8Oct. 15— . ........... 200.6 169.1 235.1 233.1 248.2 207.7 246.1 184.6 308.8 186.7 227.8 194.5 202.3 147.0 228.5 213.8 144.5 177.5Nov. 15._........... . 200.8 169.2 229.1 226.4 248.5 189.7 242.0 184.5 300.6 186.4 207.8 202.0 212.7 146.2 224.7 265.3 139. 7 178.9Dec. 15_________ 197.3 169.2 223.2 220.0 245.2 178.3 236.1 179.5 299.0 186.2 178.0 198.2 208.0 145.1 224.3 292.5 136.7 178.8

1 Aggregate costs in each city weighted to represent total purchases of 2 Comparable indexes for the years 1923-34 have been computed by con-families of wage earners and lower salaried workers have been combined verting indexes from the 1923-25 base to the 1935-39 base, with the use of population weights.

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Page 14: Retail Prices of Food, 1949 · Retail prices and indexes of individual foods in 1949_____ 11 TABLES 1. —Indexes of retail prices of food in large cities combined, by year, 1913-49,

8 RETAIL PRIORS OF FOOD, 1949

T able 4.— Average retail prices of principal foods in large cities combined, by month, 19J+9

1949

Article Aver­age for

the yearJan. 15 Feb. 15 Mar. 15 Apr. 15 May 15 June 15 July 15 Aug. 15 Sept. 15 Oct. 15 Nov. 15 Dec. 15

Cereals and bakery products:Cereals: Cents Cents Cents Cents Cents Cents Cents Cents Cents Cents Cents Cents Cents

Flour, wheat________ ___5 pounds.. 47.9 48.3 48.1 48.1 48.0 48.1 47.7 47.4 47.4 47.5 47.7 48.1 48.1Corn flakes__________ ___11 ounces.. 16.8 16.8 16.8 16.8 16.8 16.8 16.9 16.9 16.8 16.8 16.7 16.8 16.8Corn meal__________ _____ pound.. 9.1 9.7 9.6 9.5 9.5 9.5 9.3 8.7 8.7 8.7 8.6 8.5 8.5Rice__________ _____ ________do . . . 18.4 19.1 19.1 19.1 19.1 19.0 18.6 18.7 18.9 18.4 17.5 16.8 16.6Rolled oats.................. ___20 ounces.. 16.5 17.1 16.8 16.7 16.5 16.5 16.5 16.4 16.4 16.3 16.3 16.2 16.2

Bakery products:Bread, white________ _____pound.. 14.0 13.9 13.9 14.0 14.0 14.0 14.0 14.0 14.0 14.0 14.0 14.0 14.0Vanilla cookies______ ..............do___ 44.9 45.2 44.9 45.5 45. 5. 45.4 44.6 44.6 44.7 45.2 44.4 44.5 44.6

Meats, poultry, and fish: Meats:

Beef:Round steak____.......... ..d o___ 85.3 83.9 73.9 79.2 81.3 83.4 89.4 88.9 89.4 90.9 88.1 88.6 87.0Rib roast________ _______ do___ 67.7 69.6 61.6 64.5 65.2 65.7 69.0 68.2 68.5 69.6 70.1 70.3 69.7Chuck roast......... _______ do----- 55.5 57.8 50.4 52.7 53.2 53.0 56.5 56.0 55.6 56.9 58.6 58.3 57.0Hamburger______ _______ do___ 51.3 54.4 48.5 50.1 50.0 50.3 52.1 51.7 51.7 51.9 51.6 51.6 51.2

Veal:Cutlets................. ..............do___ 100.2 99.2 100.5 99.8 100.4 99.0 101.6 99.7 100.8 101.6 100.6 100.1 99.1

Pork:Chops.. _______ _______ do___ 74.3 67.0 66.4 73.7 75.7 75.6 83.2 77.3 83.6 87.0 75.2 66.4 60.2Bacon, sliced____ _______ do___ 66.5 72.4 68.4 68.1 67.4 63.6 64.1 64.5 66.1 67.6 70.0 65.0 61.2Ham, whole_____Salt pork________

_______ do___ 63.4 65.4 62.7 63.8 65.0 62.1 64.2 65.4 68.4 68.5 61.3 57.3 57.1........... .d o ___ 35.7 40.0 35.7 35.5 35.0 33.7 33.8 34.0 35.4 35.7 36.7 37.9 35.3

Lamb:Leg-------------------- _______ d o .... 72.5 67.6 65.9 69.4 78.1 79.4 80.2 76.5 71.4 73.3 70.9 69.7 68.0

Poultry:Roasting chickens___ ....... ...... do___ (3) 63.0 60.0 59.9 (0 (3) (3) (3) (3) (3) (3) (3) (3)Frying chickens:4

New York dressed 8______ do___ 7 47. 3 (0 0) 0) 50.8 47.8 46.2 46.1 48.5 48.8 46.4 46.1 44.8Dressed and drawn *_____ do----- 7 61. 2 0) 0) (0 64.7 62.5 61.0 59.1 61.0 61.1 60.3 61.2 59.7

Fish: iSalmon, p ink ............ .16-ounce can.. 56.7 61.4 61.2 60.7 60.4 60.1 59.6 57.6 56.9 56.2 50.5 48.2 47.1

Dairy products:______pound..Butter_________________ 72.5 75.0 74.1 73.4 71.7 70.8 70.3 70.2 72.3 72.8 72.9 73.3 73.5

Cheese:No. 1 mild Cheddar... _______ do___ (8) 63.9 60.8 60.0 59.1 58.8 58.8 (8) («) (8) (8) (8) (8)Processed American _..... ........do___ (9) (9) (9) (9) (9) (9) (9) 51.2 51.7 52.0 52.5 52. 5 52.5

Milk:Fresh (delivered)____ _______quart.. 21.1 22.0 21.7 21.7 20.8 20.6 20.6 20.6 20.8 20.8 21.1 21.0 21.0Fresh (grocery)_____ _______ do___ 19.8 20.9 20.6 20.3 19.6 19.3 19.3 19.4 19.7 19.6 19.8 19.6 19.5Evaporated ______14^-ounce can.. 13.1 14.6 14.3 13.7 13.3 13.0 12.9 12.8 12.7 12.6 12.6 12.7 12.5

Eggs: Fresh_______ ________ ______ dozen.. 69.6 72.5 62.1 62.4 63.6 66.1 68.6 70.7 76.9 80.5 78.8 71.9 61.6Fruits and vegetables:

Fresh fruits:Apples_____________ ....... ..pound.. 12.6 13.4 14.4 15.2 16.0 16.3 16.2 13.0 10.1 9.7 8.6 8. 7 9.2Bananas____________ ______ do___ 16.6 16.2 16.5 16.6 16.5 16.6 17.2 17.0 16.6 16.4 16.5 16.8 16.5Oranges, size 200 ------______ dozen.. 51.8 47.6 46.9 49.7 49.0 54.9 59.1 61.0 56.7 52.0 55.3 47.4 41.6

Fresh vegetables:Beans, green______Cabbage____________

______pound.. 20.7 25.5 24.2 21.2 22.8 20.4 19.1 18.4 16.8 17.0 15.0 21.6 26.8______ do___ 6.7 6.2 6.8 8.1 7.5 8.2 6.5 6.3 6. 7 6.4 5.6 5.4 6.2

Carrots_________ . . . ______bunch.. 10.5 10.7 10.6 9.9 9.7 10.0 10.1 10.0 10.3 10.6 10.8 11.8 11.1Lettuce __________________ head.. 16.3 15.3 18.1 18.4 20.0 13.5 10.9 12.9 17.3 21.0 16.4 18.5 13.1Onions ------------------- ____.pound.. 7.4 6.4 6.4 6.1 6.4 7.7 8.4 7.7 6.6 7.4 7.9 8.5 9.1Potatoes____________ ... 15 pounds._ 81.9 81.0 85.4 85.5 88.9 97.9 93.6 84.2 80.1 75.1 70.9 70.1 70.5Spinach ....... ........... ______pound.. (10) 14.5 0) 15.3 13.7 11.1 10.3 0) 0) 14.9 0°) (10) (10)S weetpotatoes......... _______ do___ 1211.9 11.0 11.5 12.1 13.9 16.2 (2) (2) 14.0 10.7 9.5 9.5 10.2Tomatoes................... .......... ..d o— 00 00 00 00 00 00 00 00 00 00 15.3 25.7 26.7

Canned fruits:Peaches____ ______ ..N o. can.. 31.0 32.6 32.5 32.4 32.5 32.2 31.5 31.2 30.5 30.0 29.4 28.9 28.5Pineapple ............ . _______ do___ 39.4 39.3 39.7 39.7 39.7 39.7 39.7 40.0 39.7 39.3 39.0 38.4 38.1

Canned vegetables:Corn------ ---------------- ___No. 2 can.. 19.4 19.9 19.8 19.8 19.7 19.5 19.3 19.3 19.3 19.2 19.0 18.9 18.6Peas_________ ______ _______ do— 14.9 15.3 15.3 15.1 15.0 14.9 14.9 14.8 14.8 14.6 14.7 14.7 14.7Tomatoes___________ _______ do___ 15.2 16.2 16.0 15.9 15.8 15.8 15.7 15.4 14.5 14.3 14.2 14.2 14.2

Dried fruits: Prunes_____ ______pound.. 23.1 22.3 22.5 22.8 23.0 23.0 23.1 23.3 23.4 23.5 23.6 23.5 23.6Dried vegetables: Navy beans____do___ 16.4 17.6 16.6 16.9 16.7 16.6 16.4 16.4 16.5 16.5 16.1 15.5 15.3

Beverages: Coflee............... _______ do— 55.4 52.3 52.4 52.3 52.2 52.0 52.1 52.2 52.4 52.9 53.6 66.6 73.4Fats and oils:

Lard...................... *-------- 19.2 24.3 19.9 19.6 18.6 18.1 18.1 17.9 19.3 20.0 19.5 17.8 17.0Hydrogenated shortening. ..............do___ 34.9 40.9 38.8 36.6 36.2 34.6 34.3 33.9 32.9 33.0 32.9 32.8 31.9Salad dressing.................. ............ .pint.. 35.2 38.6 37.8 36.7 36.1 35.3 34.6 34.0 33.7 34.5 34.1 33.7 33.6Margarine....... ................. ...........pound.. 30.8 36.3 34.0 33.2 31.1 29.4 29.0 28.7 29.7 31.3 29.3 28.8 28.5

Sugar and sweets:Sugar___________ ______ - _______ do___ 9.5 9.4 9.4 9.5 9.5 9.5 9.5 9.5 9.5 9.5 9.6 9.7 9.7

1 Cost of fresh and/or frozen fish are included in the index, but average prices are not computed.

2 Inadequate reports.3 Not priced after March.4 First priced in April.3 Average for 29 cities.« Average for 27 cities.

7 Average for 9 months.8 Not priced after June.8 First priced in July.

Not priced after September. 11 First priced in October.“ Average for 10 months.

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RETAIL PRICES OF FOOD, 1949 9

decline of the year before. Forty million pounds of cheese were purchased during the year under the price-support program.

Eggs.—Egg prices declined 18.1 percent over the year to the lowest level since April 1947 and the lowest December price since 1942. In Janu­ary, prices declined 3% percent, and in February more than 14 percent, as production increased and meat prices declined. Storage stocks remained small.

In March, prices began a rise which lasted through September. In the latter part of Febru­ary, supplies were held up by transportation diffi­culties. By mid-March, supplies increased, mak­ing increased support buying necessary. Sizable buying for hatcheries, higher meat prices, and Lenten demand also helped to keep prices up. By the end of March 1949, the Government had bought as many dried eggs as during the year of 1948.

Instead of expected price declines, prices rose with increased demand as meat prices advanced and egg production started to decline in April. It was necessary to draw on storage supplies. The 1949 price peak for eggs was reached in September, 2 months earlier than usual.

By October, prices started to decline as record high production and consumer resistance had their effect. Price declines were larger in November as production continued to increase markedly be­cause of the increase in the number of layers on farms. Another weakening factor was the ex­pected decline in the support price after January 1. During the November holiday season, buying increased but then slumped, making it necessary for the Government to purchase larger amounts of dried eggs.

Fruits and vegetables.—Retail prices of the com­bined fruit and vegetable groups increased 3.1 per­cent over the year. Prices of fresh fruits and vegetables rose 6.0 percent, more than offsetting decreases of 9.0 percent for canned fruits and vegetables and 2.4 percent for dried fruits and vegetables.

Prices for fresh fruits and vegetables rose during the first 5 months of 1949 and then declined throughout the remainder of the year with the exception of November. Record highs were reached during the year for apples (May), bananas (June), and lettuce (September). In May 1949,

white potatoes reached the highest level since April 1926, and sweetpotatoes, the highest level since July 1943. In October 1949, orange prices were the highest reported since October 1930. In December 1949, prices were higher than in Decem­ber 1948 for green beans (42 percent), onions (41 percent), cabbage (15 percent), carrots (over 12 percent), and bananas (IK percent). Prices were lower for apples (27K percent), lettuce (over 7 percent), white potatoes (6 percent), oranges (4% percent), and sweetpotatoes (1 percent).

Prices of fresh fruits and vegetables rose much more than seasonally in January (8.7 percent) and February (5.4 percent) as the result of frost and drought damage. In January, prices of all items in the group rose except bananas and onions. In February, onion prices remained unchanged, whereas banana prices started to rise, and oranges, green beans, and carrots declined. In March, April, and May, price increases were smaller on the average. March increases were minimized by decreases for green beans, carrots, and onions; April by decreases for bananas, oranges, cabbage, carrots, and spinach; and May by decreases for green beans, spinach, and lettuce.

In June, prices decreased contraseasonally, starting the decline which lasted through October as supplies became more plentiful. Prices for most items increased in November, with green bean prices forced upward 44 percent by frost damage. Apple prices, after reaching a record high in May, declined steadily through October with heavy supplies of the new crop. To help stabilize the apple market, plans were made to sell apples for school lunches, and to pay export sub­sidies to encourage overseas buying. Production of apples in 1949 was slightly over 50 percent more than the short crop of 1948. In December, prices declined.

Prices of canned fruits and vegetables declined 9.0 percent from December 1948 to December 1949, with decreases for all items. Canned toma­toes and peaches dropped 12 percent, corn percent, peas 4 percent, and pineapple 3% percent. The decrease was general throughout the year, with commercial production of fruit about equal to that of 1948, and vegetable production some­what higher than the year before. Prices of dried fruits and vegetables decreased 2.4 percent over the year. Prices of dried beans dropped 15 per-

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Page 16: Retail Prices of Food, 1949 · Retail prices and indexes of individual foods in 1949_____ 11 TABLES 1. —Indexes of retail prices of food in large cities combined, by year, 1913-49,

10 RETAIL PRICES OF FOOD, 19^9

T abll 5.— Indexes of retail prices of principal foods in large cities combined, by month, 19/+9[1935-39=100]

1949

A rticle Average for the

yearJan. 15 Feb . 15 M ar. 15 A pr. 15 M a y 15 June 15 July 15 Aug. 15 Sept. 15 Oct. 15 N ov . 15 D ec. 15

Cereals and bakery products: Cereals:

Flour, w h e a t .. ................ . . . 5 p ou n d s.. 185.5 187.0 186.4 186.3 186.0 186.3 184.9 183.9 183.6 184.2 184.8 186.3 186.6Corn flakes____________ ...1 1 ou n ces.. 178.0 177.4 177.8 178.0 178.2 178.6 178.7 179.0 178.0 177.8 177.3 177.7 177.9C o rn m e a L . ................. ______p o u n d .. 182.8 189.0 186.4 185.1 184.7 184.6 181.7 181.7 182.4 182.2 179.8 178.2 178.2R ice i - ................................. ________d o ____ 103.4 107.2 107.4 107.3 107.5 106.6 104.6 104.9 106.1 103.3 98.4 94.1 93.5R olled oats 1 2__................. . . .2 0 ou n ces._ 149.6 155.5 152.2 151.8 150.0 149.3 149.2 149.0 148.4 148.1 148.0 147.4 146.7

Bakery products:______p o u n d ..Bread, w hite___________ 163.9 163.2 163.3 163.5 164.0 163.8 164.3 164.2 164.1 164.2 164.1 164.1 164.0

Vanilla cookies________ .............. d o ------ 192.5 195.6 194.3 194.4 194.5 194.0 190.9 190.8 191.3 193.2 190.1 190.4 190.6M eats, poultry, and fish:

M eats:Beef:

R ou n d steak............ ............ .d o ____ 252.6 248.3 218. 5 234.5 240.7 246.8 264.6 263.1 264.7 269.2 260.8 262.2 257.5R ib roast__________ ............ .d o ____ 235.0 241.7 213.8 224.1 226.5 228.2 239.6 237. 0 237.8 241.7 243.7 244.2 242.1C huck roast_______ ________d o ____ 247.5 257.7 224.3 235.0 237.3 236.6 252.0 249.6 248.1 253.8 261.3 260.3 254.5H am burger 2............ ________d o ____ 165.8 175.9 156.8 161.9 161.8 162.7 168.4 167.2 167.2 168.0 166.8 166.8 165.7

Veal:C utlets......... ............. ............ . d o ____ 251.1 248.7 251.9 250.0 251.5 248.1 254.7 249.7 252.6 254.6 252.1 250.8 248.3

Pork:C h ops_____________ ............ .d o ____ 225.4 203.4 201.6 223.5 229.6 229.5 252.4 234.6 253.6 264.0 228.3 201.6 182.7Bacon, s liced ........... ............ . d o ____ 174.7 190.0 179.5 178.8 176.8 166.9 168.4 169.4 173.5 177.6 183.9 170.7 160.8H am , w h ole .............Salt pork__________

________d o ____ 215.8 222.5 213.3 217.2 221.2 211.3 218.6 222.5 232.7 233.0 208.5 195.1 194.2________ d o ____ 171.2 191.6 171.1 169.7 167.5 161.4 161.9 163.1 169.5 171.3 176.1 181.8 169.0

L am b:L eg------------------------- ________ d o ____ 255.7 238.1 232.1 244.5 275.3 279.8 282.8 269.7 251.7 258.7 250.1 245.8 239.9

P ou ltry_____ _____ _________Fish:

________ d o ____ 191.5 208.9 199.0 198.9 201.2 190.5 184.4 182.8 191.5 192.5 184.6 184.5 179.5

Fish (fresh, frozen)____ ________ d o ____ 261.8 272.4 267.2 266.8 261.4 254.5 252.2 251.1 254.4 260. l 268.4 266.4 267.1Salmon, p in k __________ 16-ounce ca n .. 432.2 468.3 466.3 462.7 460.7 458.4 454. 4 439.0 434.1 428.8 385.7 367.9 359.8

D airy products:B u tter_________________________ . .p o u n d — 199.3 205.9 203.6 201.8 197.0 194. 6 193.2 192.9 198.5 200.1 200.4 201.3 201.9C h eese ..____ _______ _______ ________ d o ____ 231.0 245.8 234.0 230.9 227.5 226.5 226.4 225.8 228.6 230.2 232.2 232.4 232.2M ilk :

Fresh (delivered)_____________ q u a rt.. 171.9 179.9 177.5 176. 2 170.1 168.4 167.9 168.4 169.8 169.8 172.3 171. 3 171.1Fresh (grocery).......... ________ d o ____ 175.8 185. 7 182.4 179.8 174.4 171.6 171.6 172.2 174.6 174.1 175.6 174.2 173.4E vaporated................. 14^-ounce ca n .. 184.2 204.6 200.2 192.5 186.5 181.9 180.5 179.2 177.5 177.3 176.3 178.1 175.7

Eggs: Fresh_____________ ______ _______d ozen .. 201.2 209.6 179.6 180.1 183.8 190.9 198.0 204.1 222.2 232.6 227.8 207.8 178.0Fruits and vegetables:

Fresh fruits:A pples_________________ ______ p o u n d .. 239.9 255. 7 275.5 289.8 306.2 311.4 309. 9 248.1 192.1 184.7 165.0 165.8 174.9Bananas_______________ ________ d o — 275.0 267.7 272.7 275.2 272.8 274.1 284.3 280.7 275. 0 271.4 273.9 277.9 273.9Oranges, size 200______ _______dozen._ 182.9 168.4 165.7 175.8 173.2 194.2 209.0 215.5 200.1 183.4 195.3 167.3 146.8

Fresh vegetables:Beans, green _____ . . . ______ p o u n d .. 190.2 234. 6 222.0 194.3 209.4 186.8 175. 0 168. 5 154.1 156.4 137.4 198.1 245 9Cabbage_______________ _________ d o ____ 175.0 163. 7 179.2 211.9 197.8 214.3 170.0 164.2 176.3 168.1 147.9 143.0 164.0Carrots________________ _______bunch _ 195.2 199.9 196.7 184. 3 181.0 187.4 188.9 187.2 191.3 197.0 202.0 219.9 206.8L ettu ce .._____ ________ _____ _ head . 197.5 185.9 220.2 223.3 243.2 163.6 131.8 156.5 209.3 254.7 199.7 222.9 158.3Onions_______________ .______ pound . 179.1 155.7 153.9 148.1 155.3 187.8 204.3 186.6 160.3 179.3 191.9 204.9 220.9Potatoes ____________ _—15 p ou n d s .. 227.3 225.5 237.9 237.2 246.5 271.6 259.7 233. 5 222.1 208.4 196.0 194.1 195. 3Spinach______________________ p o u n d .. (3) 202.3 259. 4 213.8 190.4 154.2 143.8 177.2 193.0 206.8 (3) (3) (3)Sw eetpotatoes__________________d o ____ 244.9 211.4 220.9 234.2 268. 5 312.4 330.4 322.6 270.8 206.1 183. 0 182.6 195.8Tom atoes 4____________ ____ . .d o ___ (5) (5) (s) (5) (5) (5) (5) (5) (6) (») 100.0 168.8 175.4

Canned fruits:Peaches________________.N o. c a n . . . 160.8 169.0 168.4 168.2 168.4 166.8 163.5 161.6 158. 3 155.5 152. 4 149.8 148.2P ineapple_____________ _________d o . . . . 181.0 180.4 182.6 182.5 182.5 182.2 182.5 183.7 183.0 180.9 179.4 177.0 175.2

Canned vegetables:C orn ______________________ N o. 2 can . 156.0 160.2 159.4 159.8 158.8 156.9 155.7 155.7 155.3 155.1 153.1 152.4 149.8Peas____________ ________________d o ____ 114.1 117.1 117.0 115.3 115.0 113.8 113.8 113.5 112.9 112.3 112.8 112.6 112. 5T om atoes _______________________d o ____ 168.9 179.6 178.3 177.1 175.4 175.2 174.5 171.8 161.4 158.8 158.4 158.4 157.8

D ried fruits: Prunes___________ 227.4 218.9 220.9 224.0 226.4 226.2 226.9 228.9 230.2 231.3 232.0 230.7 231.8D ried vegetables: N a v y beans._________d o ____ 223.7 239.1 226.4 230.0 227.4 225.7 223.9 223.1 224.7 224.4 219.2 211.7 209.0Beverages: C oflee_____________ _________d o ____ 220.3 208.3 208.6 208.1 207.8 206.8 207.2 207.8 208.4 210.6 213. 4 264.8 291.9Fats and oils:

L a rd _______________________ _________d o ____ 128.5 163.2 133. 2 131.2 125.0 121.2 121.4 120.1 129.4 133. 9 130.4 119.3 114.2H vdrogenated shortening. _______ d o ____ 168.5 197.2 187.1 176.9 174.9 167.1 165.4 163.7 158.9 159.3 159.1 158.5 154.3Salad dressin g.............. ........ _________p in t .. 145.5 159.3 156.1 151.6 149.2 145.9 143.0 140.2 139.3 142.6 140.9 139.3 138.6M argarine............................... _______p ou n d__ 168.8 199.0 186.7 181.9 170.5 161.3 159.0 157.7 163.0 171.8 161.0 157.9 156.1

Sugar and sweets:Sugar.__________ ___________ ________d o— 177.3 171.2 175.1 176.5 177.1 176.9 177.4 177.1 177.4 177.7 178.4 179.8 179.7

1 July 1947=100.2 February 1943=100.3 Spinach not priced after September.

4 October 1949=100.3 Tomatoes first priced in October.

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RETAIL PRICES OF FOOD, 19/f9 11

cent as the result of a large carry-over, a record 1949 crop, lowered exports, and adjustment to a new-crop support level based on 80 percent of August 15 parity instead of the former 90 percent. Prunes rose 7 percent because of short supplies of large sizes.

Beverages.—Prices of coffee averaged 40.8 per­cent higher in December 1949 than in December 1948. During the spring months, coffee rose slightly, then declined. In June, prices started the increase that gained momentum as the year progressed. Fractional price rises occurred during the summer. Although a short crop was forecast and European demand was expanding, these were not taken seriously at first and roasters continued to buy sparingly in spite of small stocks. How­ever, reports persisted that the Brazilian crop might be only half as large as the previous year’s. By mid-October, instead of anticipated lower prices, the prices of futures reached new highs. Between mid-October and mid-November retail coffee prices soared over 24 percent. By mid- December another rise of over 10 percent took place as coffee prices reached new highs for the fourth consecutive month.

Fats and oils.—Prices of fats and oils dropped 26 percent over the year. The decline was general for all items in the group. Price decreases ranged from 15 percent for salad dressing to 37 percent for lard.

At the beginning of the year, there were sur­pluses of fats and oils, and prices were at the lowest level since October 1946. In mid-January prices of fats and oils dropped more than 5 per­cent below the mid-December level. Another drop of 8% percent occurred in mid-February, along with a general price decrease in other items.

Although in February the situation was eased somewhat by the termination of most export con­trols for fats and oils, and exports were running 76 percent higher than in 1948, prices continued downward. This downward trend was influenced by uncertainty over the fate of the margarine tax

law and the continued improvement of world supplies of fats and oils.

By mid-July, prices of fats and oils had declined 23K percent from the December 28, 1948 level. On July 27, the United States Department of Agriculture announced that the Commodity Credit Corporation would support the 1949 crop of cottonseed at $49.50 a ton compared with the former price of $35. Cottonseed oil prices then rose, followed by soybean oil prices.

By mid-August, reversing their rather steady downward trend of the last year, prices of lard increased 8 percent and margarine increased 3 percent. By mid-September, all items in the group were higher.

After increases of 2 percent in August and 3 percent in September, prices of fats and oils again declined through the remainder of the year. Contributing to this decline were the large cotton and soybean crops, fear that devaluation of the pound might result in decreasing the present large exports of oils, and increased production of lard because of heavy hog marketing.

By December, the price of 17 cents for lard was the lowest since August 1942. Hydrogenated shortening at approximately 32 cents, salad dressing at nearly 34 cents, and margarine at 28% cents were the lowest since October 1946.

Sugar and sweets.—Retail sugar prices increased 3.4 percent during the year 1949. Labor troubles during the year resulted in wage increases and caused difficulties in transportation of sugar from Hawaii to the United States.

Retail Prices and Indexes of Individual Foods in 1949

Average retail prices and indexes of individual foods for large cities combined are presented in tables 4 and 5 for each month in 1949. Annual average retail prices of individual foods in each of 56 cities, for 1949, are shown in table 6.

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12 RETAIL PRICES OF FOOD, 1949

T able 6.— Annual average retail prices of principal foods, by city, 1949

NEW ENGLAND MIDDLE ATLANTIC

Article UnitedStates

Boston Bridge­port

FallRiver

Man­chester

NewHaven

Port­land,Maine

Provi­dence Buffalo Newark New

YorkPhila­

delphiaPitts­burgh

Roch­ester

Cereals and bakery products:Cereals: C e n ts C e n ts C e n ts C e n ts C e n ts C e n ts C e n ts C e n ts C e n ts C e n ts C e n ts C e n ts C e n ts C e n ts

Flour, wheat____5 pounds, _ 47.9 46.9 49.6 49.3 50.2 3 48.6 49.7 48.0 47.9 47.6 47.2 47.7 48.6 49.8Corn flakes_____ 11 ounces,_ 16.8 16.0 16.2 16.7 17.7 3 16.4 17.3 16.0 16.0 16.2 17.5 16.5 16.9 16.4Corn meal________ pound. 9.1 10.3 11.2 11.2 10.6 8 11.0 11.1 10.8 10.9 10.5 11.0 10.2 10.7 10.8Rice______________ do, , 18.4 19.0 17.8 17.6 17.6 3 17.3 18.6 17.5 2 16.9 * 19.2 18.3 17.8 18.2 17.6Rolled oats_____ 20 ounces , 16.5 16.1 17.0 16.6 16.6 3 16.5 16.5 15.8 16.1 16.5 16.4 15.9 16.7 16.8

Bakery products:Bread, white______ pound_, 14.0 14.3 13.8 15.0 13.4 3 14.0 14.1 14.1 14.3 14.5 14.9 15.0 14.8 14.0Vanilla cookies______ do___ 44.9 0) 39.6 0) 47.4 3 38.9 3 39.8 42.0 45.9 38.8 (9 40.0 0) 0)Meats, poultry, and fish:

Meats:Beef:

Round steak____ do___ 85.3 97.8 94.3 95.2 95.3 3 95.3 90.1 94.0 76.7 89.2 88.8 92.0 84.5 80.4Rib roast______ do ,_ 67.7 64.1 67.4 64.2 63.9 3 65.1 61.9 64.5 63.2 67.8 69.5 68.1 68.8 64.6Chuck roast_____do___ 55.5 58.2 61.8 59.7 58.7 3 62.2 2 56.3 56.1 52. 5 53.8 54.5 53.4 58.2 55.0Hamburger____ do ,_ 51.3 58. 5 59.3 0) 57.6 3 60.0 56.8 56.2 48. 7 55.8 52.0 50.7 51.7 49.9

Veal: Cutlets....... ......do,,_ 100.2 97.2 103.3 100.3 103.2 3 107. 6 (9 103.2 95.3 110.6 109.1 115.3 97.9 103.6Pork:

Chops_______ _do,_ 74.3 77.3 76.3 78.9 76.2 3 77.6 74.4 76.8 76.3 76.7 76.6 77.2 76.7 78.2Bacon, sliced__ do __ 66.5 64. 4 64.8 65.8 64.0 3 63. 4 61.1 64.3 60.8 66.1 69.6 68.9 64.7 59.8Ham, whole,— _do__ 63.4 64.8 64.1 64.9 62.6 3 64.2 62.8 63.3 *61.7 63.8 65.1 65.6 61.1 62.8Salt pork_______ do,_ 35.7 26.6 25.0 27.3 26.1 3 26.9 28.1 25.3 0) 40.6 (9 40.5 36.4 46.3

Lamb: Leg_________do__ 72.5 74.1 73.3 73.3 73.4 3 73.5 72.0 73.0 *68.5 69.8 69.8 72.4 75.9 72.6Poultry:

Roasting chickens___ do___ (9 (9 (9 (9 (9 (9 (9 (9 (9 (9 (9 (9 (9 (9Frying chickens:8New York dress- do----

ed.®D ressed and do___

M7.3 8 61. 2

8 46.1 8 46.3 8 46.1 8 46. 5 0) 8 44.9 8 45.9 0) 8 44.9 8 45.8 «44.68 64. 2

8 51.3

drawn.7Fish:’

Salmon, pink, 16-ounce can,. 56.7 2 53.7 56.3 56.3 56.7 3 55.1 57.0 52.7 56.2 0) 57.0 54.8 60.2 58.0Dairy products:

Butter,..........................pound.. 72.5 72.2 72.8 71.4 69.3 3 72.4 69.6 72.8 71.1 73.5 73.4 73.3 74.0 71.7Cheese:

No. 1 mild Cheddar__do___ (i°) (10) (10) ( 10) ( 10) (10) (10) ( 10) (10) (10) ( 10) (i°) (i°) ( 10)Processed American,do___ C11) 09 C11) C11) 09 09 C11) 09 09 09 09 09 09 09Milk:Fresh (delivered)___quart, _ 21.1 23.4 23.7 22.3 22.4 3 22.8 21.7 23.4 22.6 24.1 23.3 20.9 21.7 21.7Fresh (.grocery)_____ do___ 19.8 21.3 23.3 21.8 21.5 3 22.4 21.7 21.7 20.1 21.6 20.5 20.5 21.2 21.0Evaporated. 14^-ounce can,. 13.1 13.6 13.2 13.8 13.8 3 13.4 13.9 13.1 12.9 13.5 13.5 13.2 13.2 13.5

Eggs: Fresh--------------------- dozen.. 69.6 71.6 72.7 70.2 69.8 3 72.5 70.5 70.0 70.5 76.1 77.0 74.4 70.5 71.5Fruits and vegetables:

Fresh fruits:Apples,__________ pound. _ 12.6 10.7 11.9 12.2 10.5 3 12.1 3 10.8 11.8 12.0 212.5 313.6 12.6 10.7 s 10.9Bananas___________ do. _ 16.6 16.0 16.5 16. 2 3 16.3 3 15.7 16.1 16.5 17.5 15.4 15.9 16.0 17.3 16.5Oranges, size 200____dozen.. 51.8 48.3 48.2 52.0 56.2 3 46.3 44.9 42.9 54.7 52.4 54.9 46.1 49.3 53.1

Fresh vegetables:Beans, green............pound.. 20.7 21.5 21.7 0) 0) 3 22.6 0) 22.7 21.5 19.4 20.5 21.0 19.8 22.5Cabbage___________ do___ 6.7 7.4 7.2 7.4 7.1 3 7.3 6.2 7.0 6.2 7.1 7.4 7.2 7.1 6.4Carrots___________bunch.. 10.5 11.6 12.8 12.0 11.3 3 12.2 10.6 12.0 10.4 12.1 12.1 11.9 11.3 9.8Lettuce____________ head. 16.3 18.7 18.0 19.0 18.3 3 17.3 17.3 18.7 16.6 18.7 17.8 18.0 17.3 17.1Onions___________ pound . 7.4 7.5 7.5 7.7 7.8 3 7.4 7.4 7.4 7.5 7.4 7.6 7.5 7.9 6.5Potatoes_______15 pounds., 81.9 74.0 79.2 69.3 69.3 3 77.2 65.2 75.6 69.6 82.2 82.3 82.2 83.0 68.1Spinach______ ____pound.. 09 ( 12) (12) ( 12) (12) (12) ( 12) (12) (12) (12) (12) (12) (12) ( ! 2)S weetpotatoes_______do___ 2 11.9 0) '0 3 11.6 (9 (9 (9 2 10.9 0) 7 11.5 3 12.2 11.9 13.0 0)Tomatoes__________ do___ ( 13) ( !3) ( !3) (13) 09 (13) (13) ( 13) 09 (13) (13) 09 (13) (13)

Canned fruits:Peaches______No. can,. 31.0 31.5 33.2 32.3 32.3 3 32.6 35.0 31.8 33.1 30.6 32.0 29.4 33.4 34.3Pineapple____ ____,,do___ 39.4 38.7 39.6 38.7 38.4 3 39.0 2 40.4 38.0 0) 39.1 39.7 37.3 41.5 40.1

Canned vegetables:Corn.............. _._No. 2 can,. 19.4 19.6 20.5 19.5 19.5 319.3 20.5 18.7 18.3 19.5 20.3 19.5 19.0 19.3Peas_______________ do___ 14.9 16.0 3 16.9 15.4 15.9 3 17.8 16.7 15.1 15.4 15.5 15.6 15.5 13.5 17.0Tomatoes...................do___ 15.2 16.2 15.7 14.7 14.8 3 14.9 16.8 15.1 15.6 15.5 15.5 16.0 15.4 17.2

Dried fruits: Prunes___pound.. 23.1 22.8 23.8 22.3 22.6 3 23.3 23.6 22.4 22.7 23.7 23.9 22.8 24.3 23.7Dried vegetables:

Navy beans........... ...do___ 16.4 18.7 18.2 18.7 18.6 3 17.0 3 18.9 18.4 15.7 18.0 18.5 16.1 15.7 16.9Beverages: Coffee__________ do___ 55.4 58.6 57.2 56.8 55.9 3 55.2 56.8 55.6 54.9 55.8 55.3 53.9 56.1 54.4Fats and oils:

Lard__________________ do___ 19.2 20.7 20.3 19.3 19.2 3 20.4 19.8 19.3 18.8 19.9 20.4 18.5 18.2 20.4Hydrogenated shortening, do___ 34.9 35.0 35.5 35.2 35.3 3 35. 2 35.3 35.2 35.2 36.0 36.1 34.3 34.9 35.5Salad dressing__________ pint.. 35.2 36.8 39.5 35.6 39.4 3 37.3 37.1 35.9 32.3 38.5 39.4 33.8 36.0 33.8Margarine___________ pound.. 30.8 29.4 30.3 30.3 30.7 3 30.7 31.5 29.4 31.7 31.3 31.4 31.3 31.5 30.9

Sugar and sweets: Sugar____ do___ 9.5 9.2 9.5 9.3 9.4 3 9.2 9.5 9.2 9.6 9.3 9.3 9.1 1 9.8 9.7See footnotes at end of table.

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RETAIL PRICES OF FOOD, 1949 13

T able 6.— Annual average retail prices of principal foods, by city, 1949— Continued

Article

MID­DLEAT­

LAN­TIC—Con.

EAST NORTH CENTRAL WEST NORTH CENTRAL

Scran­ton

Chi­cago

Cincin­nati

Cleve­land

Colum­bus Detroit Indian­

apolisMil­

waukee Peoria Spring-field

CedarRapids

KansasCity

Minne­apolis Omaha

Cereals and bakery products:Cereals: C ents C ents Cents Cents Cents Cents C ents C ents Cents Cents C ents Cents Cents C ents

Flour, wheat.......5 pounds.. 46.3 46.3 49.2 47.3 47.2 47.0 49.6 46.9 46.8 45. 7 47.1 45.6 48.5 46.6Cornflakes.........11 ounces.. 17.3 16.1 16.1 18.2 16.5 16.8 17.1 15.9 16.6 17. 5 18.4 17.8 17.5 17.3Corn meal....... ....... pound.. 11.4 10.7 10.3 11.4 10.1 10.7 9.6 11.2 12.0 12.0 11.4 11.0 11.1 10.8Rice___ _________ do___ 17.8 18.5 18.5 20.3 18.1 18.0 19.6 19.0 3 17.6 18.4 2 18.8 16.7 17.5 16.9Rolled oats_____ 20 ounces.. 16.5 16.0 16.8 16.3 16.3 16.6 16.7 16.2 17.0 17.0 16.9 16.7 16.5 17.0

Bakery products:Bread, white........... pound.. 14.4 13.0 13.0 13.6 12.5 13.3 13.0 12.7 13.5 14.0 13.3 13.1 13.0 13.1Vanilla cookies........ ..do___ 39.2 54.3 35.2 48.8 46.3 47.1 52.9 3 57.0 53.0 (0 51.1 54.7 52.7 50.9

Meats, poultry, and fish:Meats:

Beef:Round steak___>..do___ 86.0 83.5 83.2 79.4 81.2 81.1 85.0 80.6 83.7 82.3 79.8 81.5 82.4 81.0Rib roast________do___ 66.1 68.6 64.2 67.7 65.7 64.8 66.4 65.3 0) 60.1 56.8 66.3 68.8 65.6Chuck roast_____ do___ 57.3 56.5 54.9 55.0 55.5 55.3 55.3 57.9 55.5 53.5 53.2 55.1 58.2 53.1Hamburger....... ..do___ 52.1 50.7 51.5 49.0 51.2 50.3 50.4 53.4 52.4 49.9 49.5 45. 4 50. 2 47.6

Veal: Cutlets...... ....... do___ 106.9 96.7 97.3 97.6 93.7 95.7 95.9 89.5 3 91.3 87.9 84.7 89.4 88.2 86.7Pork:

Chops__________ do___ 75.9 75.0 73.8 74.6 72.7 75.6 72.0 71.5 72.7 70.3 66. 7 68.8 71.3 64.6Bacon, sliced........do___ 64.6 66.9 66.6 62.6 65.0 64.9 63.7 68.8 67.2 66.1 64.6 66.3 69.3 65.2Ham, whole_____ do___ 62.6 61.1 63.7 61.7 62.2 63.5 61.6 62.5 62.2 61.7 59.8 60.6 61.6 61.0Salt pork...... ....... do___ 40.6 40.2 33.5 39.7 34.7 37.6 2 35. 8 40.0 40.6 237.8 41.1 35.9 38.3 35.8

Lamb: Leg......... ....... do___ 73.7 72.8 80.3 74.2 3 78.5 73.3 2 78.5 74.3 0) (0 0) 3 81.0 71.7 (0Poultry:Roasting chickens...... do___ (4) (4) (4) (4> (0 (4) (4) (4) (4) (4) (4) (4) (4) (4)Frying chickens:®

New York dressed •do___ M5.6 8 48.0 8 49.1 8 49.6 8 44.4 8 49.1 8 47.3

Dressed and drawn id o __ * 63.3 8 61.4 8 61. 6 8 61.4 0) 8 64.6 »62.2

Fish:®Salmon, pink.. 16-ounce can.. 2 56.0 55.5 56.2 56.7 57.7 54.8 58.5 59.9 59.3 58.6 58.1 56.7 57.4 56.5

Dairy products:Butter.................. .........pound.. 70.6 70.3 69.9 71.8 69.4 70.7 71.5 70.9 66.7 69.8 67.2 70.5 70.6 68.5Cheese:

No. 1 mild Cheddar__ do___ (10) (10) (10) (10) ( i°) (10) (10) (10) (10) ( !0) ( 10) ( 10) ( !0) ( 10)Processed American...do__ 00 00 00 00 00 00 00 00 00 00 00 00 00 00Milk:Fresh (delivered)___quart. _ 21.6 20.6 20.3 18.9 18.0 19.8 18.7 16.9 20.3 19.3 18.1 18.6 16.6 19.0Fresh (grocery)_____ do___ 22.0 19.1 18.3 17.3 17.7 18.3 18.4 16.3 18.5 18.4 17.3 17.8 16.0 18.2Evaporated. 14^-ounce can.. 12.9 13.7 13.2 13.5 13.1 12.9 12.8 12.8 13.6 13.5 14.0 13.1 13.7 13.2

Eggs: Fresh_____ ______.dozen.. 70.8 66.5 62.5 72.1 64.1 67.9 62.5 61.7 57.9 53.3 52.7 60.5 60.0 53.9Fruits and vegetables:

Fresh fruits:Apples___________ pound.. 10.7 13.2 11.6 12.3 10.6 11.1 10.9 12.3 12.3 11.2 11.4 2 12.7 13.4 12.7Bananas....... ............ .do___ 15.4 17.5 17.0 16.8 16.8 17.2 16.1 17.6 17.8 17.6 217.0 16.9 17.4 17.7Oranges, size 200 . . . dozen.. 47.5 56.1 45.3 54.4 50.4 55.0 46.5 60.2 52.0 52.7 52.0 57.9 58.8 58.5

Fresh vegetables:Beans, green......... .pound.. 20.1 21.2 19.0 21.4 19.3 22.1 17.8 22.5 (0 (0 (0 20.6 24.6 (0Cabbage.......... ..........do___ 5.9 6.6 6.4 7.1 6.5 6.5 6.8 5.7 7.1 6,. 5 6.5 6.0 6.1 6.4Carrots.................... bunch. _ 11.2 9.8 11.0 10.7 11.7 10.7 11.2 9.6 11.5 11.0 10.2 10.4 9.9 10.6Lettuce____ _______ head.. 17.1 16.1 17.6 17.1 17.1 17.0 17.1 15.7 17.7 15.2 15.2 17.7 15.8 16.8Onions___________ pound.. 6.8 7.2 7.6 8.0 7.7 7.5 8.1 6.5 8.5 8.1 8.1 7.6 7.2 7.6Potatoes_______15 pounds.. 64.6 93.5 90.0 84.8 78.6 76.8 88.5 87.3 86.3 80.7 73.0 77.5 78.1 78.5Spinach........ ...........pound.. (12) (12) (12) (12) (12) (12) (12) (12) (12) (12) (12) (12) (12) (12)Sweetpotatoes............ do___ 11.4 2 13.0 13.5 13.4 13.3 3 14.1 13.5 ( 0 0 ) 3 13.1 0 ) 3 13.6 ( 0 ( 0Tomatoes__________ do___ ( 13) ( 13) ( 13) ( !3) ( !3) (13) (13) (13) (13) ( i3) (13) ( 13) (13) (13)

Canned fruits:Peaches . . .......No. 2^ can.. 31.8 30.8 31.3 32.5 32.5 30.9 31.7 31.5 30.8 32.6 33.4 31.4 33.3 32.2Pineapple................. .do___ 39.8 40.6 41.1 41.8 2 40.8 42.7 2 41.7 3 42.5 43.3 ( 0 ( 0 41.7 41.6 43.1

Canned vegetables:Corn__________ No. 2 can.. 19.4 18.5 19.2 19.5 17.6 19.1 18.1 19.6 20.3 20.2 18.7 20.4 17.7 17.2Peas_______________do___ 13.6 14.5 14.0 13.4 15.7 14.1 14.8 13.8 13.6 3 14.3 15.5 13.1 13.3 13.5Tomatoes.___ ______do___ 13.8 16.0 15.6 15.9 14.7 15.1 15.5 17.0 15.8 16.6 17.5 14.1 16.7 15.2

Dried fruits: Prunes___pound.. 0 ) 23.6 24.9 25.1 24.1 24.2 24.1 2 24.7 23.7 23.0 23.7 23.5 23.1 22.9Dried vegetables:

Navy beans................do----- ® 16.7 16.3 14.4 17.0 12.4 15.3 15.0 18.0 15.6 14.3 15.2 14.8 16.3 14.1Beverages: Coffee...................do___ 52.4 52.9 55.5 54.5 54.4 53.6 55.3 54.7 54.7 55.7 55.3 55.9 56.3 56.1Fats and oils:

Lard..................... .......... do----- 18.5 18.3 20.0 21.6 18.0 18.8 18.7 18.0 19.2 17.9 19.1 17.3 18.4 17.7Hydrogenated shortening-.do___ 34.6 34.9 35.1 35.5 34.3 33.6 32.8 32.9 36.2 35.8 34.5 36.0 36.3 31.9Salad dressing........ .......... pint_. 34.0 32.5 36.1 32.6 34.3 32.4 35.1 34.4 34.3 43.2 33.3 34.8 35.4 34.6M argarine..................... pound.. 30.1 30.0 32.1 28.6 28.9 30.6 32.0 44.3 27.5 29.4 36.0 31.6 33.6 29.5

Sugar and sweets: Sugar.........do----- 9.5 9.7 9.8 10,0 9.8 9.9 10.0 1 9,8 10.0 9.8 10.2 9.8 10.1 9.5Spe footnotes at end of table.

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

Page 20: Retail Prices of Food, 1949 · Retail prices and indexes of individual foods in 1949_____ 11 TABLES 1. —Indexes of retail prices of food in large cities combined, by year, 1913-49,

14 RETAIL PRICES OF FOOD, 1949

T able 6.— Annual average retail prices of principal foods, by city, 1949— Continued.

Article

WEST NORTH CENTRAL—Cont. SOUTH ATLANTIC EAST SOUTH

CENTRAL

St.Louis

St.Paul

Wichi­ta

Atlan­ta

Balti­more

Char­leston, S. C.

Jack­son­ville

Nor­folk

Rich­mond

Savan­nah

Wash­ington, D. C.

Win­ston-Salem

Bir­ming­ham

Jack-son

Cereals and bakery products:Cereals: C e n ts C e n ts C e n ts C e n ts C e n ts C e n ts C e n ts C e n ts C e n ts C e n ts C e n ts C e n ts C e n ts C e n ts

Flour, wheat____5 pounds.. 47.4 48.6 45.7 51.1 47.1 50.7 48.0 48.5 48.5 48.2 49.1 50.3 47.8 52.0Com flakes____ 11 ounces.. 16.5 17.7 18.4 18.2 17.1 21.3 16.4 17.6 16.8 18.5 17.9 17.2 18.3 19.7Com meal _______ pound. 10.8 11.3 11.5 6.7 11.1 10.2 10.0 (9 7.4 7.7 8.6 7.9 6.1 6.8Rice _____________ do___ 16.3 17.5 17.2 17.8 0) 15.1 18.2 17.2 16.7 9 18.2 18.7 18.7 17.1 20.1Rolled oats_____ 20 ounces. _ 15.8 17.2 17.0 16.6 16.6 17.4 16.1 16.8 16.7 17.0 17.0 17.6 15.8 17.2

Bakery products:Bread, white______ pound.. 13.4 13.1 13.3 13.8 14.1 14.5 12.8 13.5 13.4 13.6 13.2 14.2 13.6 14.2Vanilla cookies______ do___ 50.2 52.7 56.0 43.4 0) 41.1 43.0 40.1 (9 41.9 43.0 38.7 41.2 44.7

Meats, poultry, and fish:Meats:

Beef:Round steak____ do . _ 83.7 78.2 82.1 84.3 89.7 83.5 87.5 87.3 85.0 *83.2 85.1 85.3 83.9 87.5Rib roast. ............do___ 64.3 67.2 (9 66.5 67.1 73.0 71.9 69.0 68.6 *71.4 66.3 65.6 67.4 71.7Chuck roast_____ do___ 54.6 56.8 54.3 54.4 53.6 56.9 58.4 51.0 50.6 0) 51.8 56.2 54.5 55.1Hamburger_____ do___ 52.3 50.6 47.2 48.3 56.4 50.6 46.2 50.7 49.2 49.0 51.6 51.1 49.3 49.2

Veal: Cutlets.......... ..do___ 96.1 88.4 C1) 92.3 9 111.9 3 98.9 95.8 104.1 103.9 *91.1 103.1 91.4 82.8 91.8Pork:

Chops ________ do___ 69.9 70.1 67.7 67.5 74.8 66.9 69.2 69.1 72.3 66.3 73.2 65.7 63.3 69.2Bacon, sliced.. ...do . . . 67.5 67.5 66.2 66.9 68.9 66.9 69.0 62.0 67.9 66.8 69.7 66.1 63.9 69.0Ham, whole_____ do___ 61.3 61.8 59.2 62.3 64.1 3 63.9 63.3 64.5 64.9 59.0 64.2 65.0 60.7 65.6Salt pork. _ ....... .do___ 38.1 39.6 38.6 35.2 33.6 34.8 35.1 33.8 33.8 34.0 35.5 . 31.8 34.3 39.3

Lamb: Leg_________ do___ 73.2 73.9 83.0 3 83.0 74.1 (9 79.2 *71.4 73.6 *79.0 72.8 79.0 71.7 0)Poultry:

Roasting chickens----- do___ 0 ) ( 9 ( 9 ( 9 ( 9 ( 9 0) 0) 0) ( 9 0) ( 9 ( 9 ( 9Frying chickens:5

New York dressed ®.do_ __ 8 51.1 8 46.4 8 43.3 8 43.8Dressed and drawn 7_do___ 8 64.3 8 59.1 8 56.5 (9 8 57.5 8 57.6 8 56.0 * 56.4 *59.2 «59.1

Fish:9Salmon, pink. 16-ounce can_. 57.6 57.9 58.2 55.2 56.2 55.4 54.7 54.5 57.1 55.6 58.4 56.2 55.2 60.1

Dairy products:Butter_______________ pound.. 71.8 70.4 72.2 78.0 75.3 75.8 73.7 75.9 75.4 73.1 75.3 78.6 75.9 75.5Cheese:

No. 1 mild Cheddar...do___ (1 0 ) (1 0 ) (10 ) (1 0 ) (1 0 ) (1 0 ) (1 0 ) (1 0 ) (1 0 ) (1 0 ) (1 0 ) 0°) ( i ° ) (1 0 )

Processed American... do___ C11) 09 09 C11) 09 09 09 09 09 09 09 09 09 09Milk:Fresh (delivered)___quart.. 21.1 17.1 20.1 22.0 20.7 23.1 25.2 24.1 21.8 24.3 20.8 22.6 23.4 2 1 . 2Fresh (grocery) ___ do___ 19.2 14.8 19.0 22.5 20.7 23.1 25. 2 24.2 22.5 24.2 19.8 23.1 22.8 2 1 . 2Evaporated _14 -̂ounee can.. 12.1 13.7 13.2 12.9 13.1 13.1 12.4 12.8 12.9 12.7 13.8 13.5 12.5 13.3

Eggs: Fresh______________ dozen.. 61.5 59.4 56.3 65.4 70.5 65.7 67.7 69.0 70.2 65.8 72.0 65.7 63.5 65.7Fruits and vegetables:

Fresh fruits:Apples..... ......... ......pound.. 11.6 13.7 14.1 13.2 12.4 113. 6 14.6 1 2 . 8 *12.8 14.0 13.4 11.5 14.3 16.6Bananas__________ do___ 17.6 18.1 16.8 14.8 17.0 14.7 12.3 15.4 * 16.5 14.3 17.5 15.1 14.7 13.9Oranges, size 200___ dozen.. 53.0 57.5 64.2 40.4 45.3 40.0 0) 41.7 44.4 34.6 48.2 41.3 39.0 46.2

Fresh vegetables:Beans, green______ pound.. 22.2 »23.4 (9 16.9 18.8 19.1 18.4 18.3 18.7 18.3 19.0 16.3 21.7 ( 9Cabbage___________ do___ 6.8 6.4 7.2 5.7 6.8 6.2 5.3 5.7 6.0 5.4 6.2 5.9 5.2 6.8Carrots___________bunch.. 10.8 10.0 11.0 10.5 12.0 11.9 10.3 11.3 11.8 11.1 1 1 . 2 12.8 9.7 10.5Lettuce____________ head.. 17.1 16.8 19.3 16.0 18.0 16.2 16.3 16.1 17.8 16.4 19.0 17.2 15.0 15.3Onions........... .......pound.. 7.5 7.6 8.3 7.3 7.9 7.9 7.1 7.7 7.7 7.6 7.2 9.0 7. 2. 8.3Potatoes_______15 pounds.. 84.7 83.8 92.2 86.5 83.4 80.5 78.2 74.0 76.0 78.7 78.3 82.6 83.9 107.2Spinach__________ pound.. (1 2 ) ( 13) (12) ( !2) (1 2 ) (12) (1 2 ) (1 2 ) (1 2 ) (1 2 ) (1 2 ) (12) (1 2 ) (1 2 )

S weetpotatoes______ do___ s 10.9 (9 14.3 12.2 3 10.5 (9 12.0 11.2 12.3 * 10.5 12.4 * 10.3 9 10.5 9 10.4Tomatoes__________ do___

Canned fruits.(13) ( 13) (13) ( 13) 03) ( 13) ( 13) (13) ( 13) (13) (13) 09 ( 13) ( 13)

Peaches______ No. can.. 31.7 32.9 32.5 32.4 31.3 33.1 30.8 31.2 32.8 33.2 31.7 33.9 31.7 32.2Pineapple.............. ...do----- 41.6 45.2 3 45.0 3 36.5 38.0 0) (9 0) 39.1 0) *38.4 0) 0) 0)

Canned vegetables:Corn .................No. 2 can 19.1 18.7 20.0 21.5 18.3 20.0 21.3 17.8 19.0 22.0 19.8 20.5 21.3 23.3Peas_______________do___ 14.6 13.5 16.1 13.4 3 15.0 3 14.7 14.5 15.3 12.1 14.1 14.8 18.2 14.5 * 13.8Tomatoes__________ do___ 14.9 17.6 17.3 13.3 15.1 14.1 13.4 13.3 13.1 14.0 14.1 15.6 14.5 16.3

Dried fruits: Prunes___pound.. 23.5 22.2 23.9 24.6 23.6 3 24.5 24.4 *23.3 23.0 *25.1 22.0 23.1 21.9 *23.3Dried vegetables:

Navy beans............ ..do___ 15.2 16.3 0 ) 15.0 16.8 17.5 3 15.8 14.9 15.4 *17.7 16.6 14.9 15.7 18.0Beverages: Coflee__________ do___ 55.0 57.3 55.8 53.7 57.2 60.7 56.8 50.1 56.9 54.2 55.5 60.2 54.0 61. 6Fats and oils:

Lard__________________ do___ 17.0 18.5 16.4 18.4 19.0 19.9 18.9 19.7 18.9 19.5 19.4 20.8 17.8 19.6Hydrogenated shortening.do___ 33.0 32.3 35.0 35.2 35.8 35.4 34.7 33.8 35.6 36.0 35.8 35.9 31.5 34.0Salad dressing.................pint.. 34.4 35.1 37.2 34.8 34.5 35.9 33.6 33.0 34.9 33.2 36.5 35.6 33.9 39.4Margarine....................pound.. 29.7 35.0 33.0 30.2 31.1 30.5 30.4 32.0 30.7 29.2 34.4 34.2 30.3 30.9

Sugar and sweets: Sugar......... do___ 9.7 10.3 10.0 9.1 9.5 9.2 8.5 9.6 9.7 8.7 9.6 9.5 9.3 9.6See footnotes at end of table.

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

Page 21: Retail Prices of Food, 1949 · Retail prices and indexes of individual foods in 1949_____ 11 TABLES 1. —Indexes of retail prices of food in large cities combined, by year, 1913-49,

RETAIL PRICES OF FOOD, 1949

T able 6.— Annual average retail prices of principal foods, by city, 1949— Continued

15

EAST SOUTH CENTRAL— Continued WEST SOUTH CENTRAL MOUNTAIN PACIFIC

ArticleKnox­ville

Louis­ville

Mem­phis

Mo­bile Dallas Hous­

tonLittleRock

NewOrleans Butte Denver

SaltLakeCity

LosAn­geles

Port­land,Oreg.

SanFran­cisco

Seattle

Cereals and bakery prod-ucts:

Cereals: C e n ts C e n ts C e n ts C e n ts C e n ts C e n ts C e n ts C e n ts C e n ts C e n ts C e n ts C e n ts C e n ts C e n ts C e n tsFlour, wheat..5 lb.. 51.8 46.0 52.7 47.8 46.2 46.8 50.2 *49.3 47.7 40.9 46.0 49.2 49.0 52.6 49.6Corn flakes-.ll oz__ 17.7 17.9 19.0 17.2 16.3 16.6 20.3 * 17.5 18.1 18.4 16.7 15.9 17.1 17.5 16.7Corn meal..pound.. 6.2 8.0 7.2 9.1 9.5 10.2 8.7 *9.7 12.9 10.2 12.4 10.8 0) 11.4 * 11.6Rice_____ ..do___ 20.9 18.8 17.0 18.4 19.9 19.0 15.5 * 17.0 20.4 18.2 17.7 20.3 21.9 *22.2 21.9Rolled oats._20oz.. 17.1 16.6 16.7 16.6 15.9 16.0 17.2 * 16.5 19.3 16.7 17.3 16.8 18.5 17.8 17.6

Bakery products:Bread, white

pound.. 14.1 12.8 13.9 15.2 13.6 12.6 13.5 * 13.8 13.6 13.3 14.3 14.4 14.1 15.5 14.6Vanilla cookies

do___ 45.0 33.1 46.8 37.3 42.2 47.8 37.9 *45.8 51.8 51.5 32.1 47.7 51.2 0 48.3Meats, poultry, and fish:

Meats:Beef:

Round steakdo__ 84.0 83.0 84.6 82.9 85.0 90.2 82.6 *89.4 78.6 75.7 79.6 82.0 78.2 88.1 86.2

Rib roast do__Chuck roast

65.9 62.4 67.5 69.8 71.6 76.6 67.5 * 73.8 64.2 63.7 68.6 74.7 67.0 72.3 73.3do___ 56.1 54.1 57.3 55.0 57.0 * 59.5 54.8 *56.6 50.8 53.2 52.1 55.0 55.2 0 53.8

Hamburgerdo.... 51.8 48.5 48.6 48.1 53.3 54.3 50.1 * 52.9 47.3 46.5 48.3 44.2 44.9 46.3 50.9

Veal: Cutlets.do___Pork:

88.8 99.2 0 *87.9 94.5 88.1 83.9 *95.6 86.8 84.9 92.0 97.8 88.4 104.2 * 97.0Chops— do___Bacon, sliced

64.8 70.9 69.7 67.0 65.8 73.5 64.7 *70.7 67.2 69.5 70.7 82.4 72.7 81.9 75.3do___ 66.2 65.9 67.2 63.1 67.0 64.9 66.3 *65.8 68.3 68.4 70.3 70.3 70.0 70.7 70.5

Ham, wholedo___ 62.9 58.7 62.2 62.2 64.3 65.4 60.4 *66.2 63.2 58.4 61.3 64.6 62.6 67.3 65.3

Salt pork, do___ 35.9 *31.6 36.4 37.6 33.9 39.7 36.6 *36.7 36.6 34.6 35.9 39.5 38.0 42.0 42.5Lamb: Leg...do___ 0) 78.2 0 *81.5 78.9 83.5 *83.9 *84.2 *69.7 71.5 73.3 71.2 74.5 73.5 72.2

Poultry:Roasting chickens

do___ 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0Frying chickens:5New York

dressed 5do__ *54.3 8 61. 2 0 0 0Dressed and

drawn 7_do___ *55.9 *58.7 *60.6 *58.2 *62.2 *59.9 *59.2 0 0) 0Fish:»Salmon, pink

16-ounce can.. *60.5 56.3 0 58.5 57.0 56.1 63.1 * 56.5 61.5 58.5 59.5 59.5 56.0 *57.7 * 55.1Dairy products:

Butter............ .pound..Cheese:

74.2 72.4 74.0 72.7 76.4 75.5 72.8 *72.0 71.3 73.7 72.4 72.7 72.4 76.5 73.7No. 1 mild Cheddar

do__ (10) (10) (10) (10) (10) (10) (10) (10) (10) (10) (10) (10) (10) (10) (10)Processed Ameri­

can.........do___ (0 (0 0 ) (0 (0 (0 (0 (0 (0 (0 (ii) (0 (0 (0 (0Milk:Fresh, (delivered)

quart. . 19.9 20.8 18.3 23.0 21.2 23.1 19.5 *22.5 20.0 20.4 19.0 19.9 20.0 19.8 18.6Fresh, (grocery)

do___ 20.1 20.3 18.2 23.1 20.4 21.5 19.5 *21.5 20.0 18.6 18.2 18.9 20.0 18.9 17.6Evaporated

14 -̂ounce can.. 13.8 13.1 13.3 12.6 13.0 13.0 12.5 *12.5 13.7 12.8 12.5 12.6 12.4 13.6 12.8Eggs: Fresh_______dozen__Fruits and vegetables:

64.3 63.0 67.4 63.3 68.6 67.7 63.6 *64.4 72.1 68.0 66.1 71.2 66.3 71.6 70.3Fresh fruits:

Apples____pound.. 12.1 12.0 * 15.6 15.6 15.2 17.8 14.3 *14.9 12.5 14.2 13.3 13.8 13.2 *11.9 13.8Bananas___ do___Oranges, size 200

14.9 * 16.6 * 16.5 12.4 14.0 14.8 16.0 * 11.8 19.3 17.8 17.1 18.0 19.3 19.7 19.7dozen.. 41.0 45.1 47.6 39.7 53.8 49.3 54.3 *38.8 58.3 65.4 52.5 47.8 54.7 51.4 61.4

Fresh vegetables:Beans, green

pound— 21.6 18.9 3 23.1 19.8 20.5 21.8 22.0 *19.5 (0 0 0) 23.4 0) *22.7 0Cabbage........do___ 5.8 6.9 5.7 6.0 5.8 6.8 6.3 *5.5 8.6 6.3 6.3 6.0 6.7 7.1 7.9Carrots___ bunch __ 11.6 11.8 10.6 9.2 8.9 9.2 10.1 *9.1 *9.7 8.2 7.9 8.1 9.0 8.6 9.9Lettuce____ head— 14.8 16.3 16.5 15.1 15.6 16.6 18.5 *14.4 *13.3 15.8 14.2 11.9 14.9 11.4 16.2Onions___ pound..Potatoes

8.6 8.3 8.3 7.1 6.8 7.9 7.9 *6.4 8.1 6.6 6.3 6.4 7.1 7.4 7.315 pounds.. 87.0 79.4 92.4 97.1 95.9 107.2 90.8 *86.4 71.0 77.0 72.2 81.2 78.4 88.6 80.5

Spinach___pound—Sweetpotatoes

(12) (12) (!3) (12) (0 (0 (0 (0 (0 (0 (0 (12) (12) (12) (12)

(0do___ *11.1 13.0 212.8 11.0 * 11.5 12.8 0 ) 0) 0) *13.3 0) * 16.0 0) 0Tomatoes___do___ (13) (13) (13) (13) ( 0 ( 0 (0 1 (13) ( 0 (13) ( 0 (13) (18) (0 (13)

Gee footnotes at end of table.

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

Page 22: Retail Prices of Food, 1949 · Retail prices and indexes of individual foods in 1949_____ 11 TABLES 1. —Indexes of retail prices of food in large cities combined, by year, 1913-49,

16 RETAIL PRICES OF FOOD, 1949

T able 6.— Annual average retail prices of principal foods, by city, 1949— Continued

EAST SOUTH CENTRAL— Continued WEST SOUTH CENTRAL MOUNTAIN PACIFIC

ArticleKnox­ville

Louis­ville

Mem­phis

Mo­bile Dallas Hous­

tonLittleRock

NewOrleans Butte Denver

SaltLakeCity

LosAn­geles

Port­land,Oreg.

SanFran­cisco

Seattle

Fruits and vegetables—Con. Canned fruits:

Peaches C e n ts C e n ts C e n ts C e n ts C e n ts C e n ts C e n ts C e n ts C e n ts C e n ts C e n ts C e n ts C e n ts C e n ts C e n tsNo. can__ 34.1 30.9 29.7 28.5 31.0 30.0 30.8 3 31.0 32.9 31.5 30.6 26.2 30.6 29.0 31.1

Pineapple___do___ 0) 0) 0) (0 40.5 0) 0) 0) 0) 0) 3 39.8 0) (0 0) (0Canned vegetables:Corn___No. 2 can.. 23.0 17.9 19.9 20.7 20.9 2 19.7 21.2 3 20. 8 . 21.9 18.6 17.0 20.3 20.4 20.7 19.1Peas________do___ 215.7 13.7 15.2 315.0 17.1 16.4 0) 315.7 17.7 14.7 14.2 14.2 15.8 14.8 16.2Tomatoes___ do___ 15.5 14.7 14.2 16.5 14.1 13.7 15.0 315.4 16.9 16.9 14 18. 6 1419.5 14 21. 7 1419.8 11 * * 4 * * * 8 23.0

Dried fruits: Prunespound.. 3 24.1 23.2 (0 20.4 3 23.6 21.7 23.9 3 23.5 22.3 0) 22.1 20.8 21.7 20.4 21.1

Dried vegetables:Navy beans, .do___ 15.2 13.5 C1) 15.6 17.8 17.2 16.4 3 15.2 3 17.4 16.0 15.5 18.0 18.1 17.9 18.5

Beverages: Coffee___do___ 53.6 56.5 55.4 58.8 56.3 56.2 52.3 3 54.4 59.0 58.3 58.8 58.0 57.3 58.3 57.7Fats and oils:

Lard._ _ ______ do __ 19.7 18.9 19.3 18.2 3 21.3 20.3 20.9 3 18.0 21.9 18.8 19.9 21.0 21.4 24.4 22.0Hydrogenated shorten­

ing___________do___ 36.2 35.4 0) 32.0 32.4 34.1 31.3 3 33.6 38.6 34.8 34.9 33.8 36.0 37.0 35.7Salad dressing___pint.. 34.7 32.6 39.4 38.6 33.0 31.9 35.8 3 35.2 37.3 35.6 33.8 35.6 36.0 37.3 34.8Margarine____ pound. _ 33.3 32.8 30.2 30.5 29.1 30.9 29.6 3 28.3 30.6 31.9 34.5 30.2 31.5 32.2 32.2

Sugar and sweets:Sugar__________do___ 10.0 9.8 9.5 9.3 9.4 9.2 9.5 3 9.1 11.0 10.0 10.4 9.4 9.9 9.6 10.0

1 Not available; insufficient number of reports secured during year.3 Average based on reports for 10 months.* Average based on reports for 11 months.4 Not priced after March.» First priced in April.* Average for 29 cities.* Average for 27 cities.8 Average for 9 months.

9 Costs of fresh and/or frozen fish are included in the index, but average prices are not computed.

10 Not priced after June.11 First priced in July.12 Not priced after September.13 First priced in October.14 Price per No. 2}̂ can.

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

Page 23: Retail Prices of Food, 1949 · Retail prices and indexes of individual foods in 1949_____ 11 TABLES 1. —Indexes of retail prices of food in large cities combined, by year, 1913-49,

AppendixBrief Description of Retail Food Price Index

The Retail Food Price Index, a component of the Consumers, Price Index, measures average changes in retail prices of a fixed list of foods of constant quantity and quality, bought by mod­erate-income families in large cities. This is in line with the general purpose of the Consumers’ Price Index of measuring how much more or less it costs at one time than at another to purchase a fixed list of goods.1 The index is not designed to measure how much more it costs to live in one city than in another.1 2

Retail food prices were first collected in 1903, when the Bureau’s representatives obtained prices for the years 1890 through 1903 from grocers’ records. At that time, 30 foods were priced in 171 representative cities in 33 States. Since then changes in the lists of foods and in the number of cities have been made, with the number of foods varying between 16 and 87 and the number of cities between 39 and 171. The base period, col­lection and computation methods, and techniques have also changed from time to time.

Currently the Bureau publishes retail prices of 50 foods in 56 cities. Each month about 80,000 quotations are collected from 1,650 independent stores and 150 chain organizations representing 6,500 chain stores, or a total of about 8,150 stores.

Store Sample SelectionIn selecting the sample of stores for food price

reports, the Bureau has taken into account type of store in terms of foods handled, size of store as

1 A detailed discussion of the Consumers’ Price Index is presented in the bulletin, Consumers’ Prices in the United States, 1942-48 (Bull. 966). The index as it was computed through 1941 is described in Changes in Cost of Living in Large Cities in the United States 1913-41 (Bull. 699).

2 A special study of differences in costs between cities is presented in TheCity Worker’s Family Budget in the Monthly Labor Review, February 1948 (also reprinted as Serial No. R. 1909).

measured by sales volume, and geographic loca­tion within the city.

Revisions in store samples are made from time to time, to maintain the accuracy of the Bureau’s food price index. The latest complete sample revision took place between September 1945 and June 1946.3 Less comprehensive changes have been made in the store samples since that date.

Collection of PricesThe Bureau collects retail prices of 50 foods in

each of the 56 large cities included in its Retail Food Price Index, during the first 3 days of the week containing the fifteenth of the month. Local Bureau representatives collect retail food prices from grocers who report voluntarily. The repre­sentatives are provided with a description (speci­fication) of the quality for which price quotations are desired. Within the range of each specifica­tion, they are instructed to secure a price for the type, brand, etc., that is sold in greatest volume in each store. Specifications are defined precisely enough to insure a meaningful average price and avoid movement in the index because of shifts in the quality priced from one period to the next. They are also broad enough, within limitations, to provide an adequate number of quotations and to allow for city and regional differences in grades, types, package sizes, etc.

Prices are obtained for items found to be most important in wage earners’ family budgets as shown by a comprehensive study in 1934-36. The selection of the index items also takes into account similarity of price changes, since it is impossible for the Bureau to collect prices for all of the many foods purchased by families. Price

3 See Store Samples for Retail Food Prices in Monthly Labor Review for January 1947; also reprinted as Serial No. R. 1878.

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18 RETAIL PRICES OF FOOD, 1949

movements of foods not included in the monthly surveys are imputed to those of other foods or food groups showing similar price trends, by means of allocation of weights.

ProcessingEach month, the Bureau’s field representatives

return their pricing schedules to the Washington office, where they are edited carefully for conform­ance to the required specifications. Conversions to uniform quantity unit are made as necessary, and weighting factors are entered in preparation for machine tabulation. The data are then processed by machine tabulation.

The Retail Food Price Index is a fixed-base- weighted-aggregate index. Weighting factors are used to maintain appropriate relationships, (1) among chain stores (outlet weights), (2) between chain and independent stores (chain-independent ratio), (3) among foods in each city (consumption weights), and (4) among cities (population weights).

Average prices for each food in each city are computed separately for chain and independent stores. Weighting factors (called outlet weights), based on annual volume sales of retail reporters, are used in calculating average prices for chain stores within each city. A simple average of independent store prices is obtained, since the sample was selected to be a self-weighting sample. Chain and independent average prices for a city are combined by use of chain-independent ratios to obtain average prices for the city. This chain- independent ratio is based on the percentage of total food sales in a city made by chains and by independent stores.

Consumption weights (called quantity weight­ing factors) for each city are applied to the indi­vidual food prices to give them their correct pro­portions in the city’s group and all-foods indexes. These weights are based on consumer expenditure data obtained in 1934-36. The resulting weighted aggregates are combined to obtain indexes for the major food groups and for all foods combined.

City population weights are employed in obtain­ing average prices and indexes for 56 cities com­bined. These weights are based on the population

of the metropolitan area containing the city in which prices are collected and that of cities in the same region and size class. Adjustments in these population weights were made in February 1943 in accordance with Census Bureau estimates of changes in population from April 1940 to May 1942, based on the registrations for the sugar- ration book. Table A shows the population weights now in use.

Relative ImportanceThe relative-importance4 of the individual foods

in the over-all index is computed and released by the Bureau once each year.

These relative-importance figures are percentage distributions of the values of the individual foods in the index as of a certain date. The values are obtained by multiplying the quantity consumption weights by the average prices for the specified date. Thus, the relative-importance figures are not weights in themselves. They change from time to time as prices for the various foods change at different rates, since the consumption weights used in their computation remain constant. Table B presents a tabulation of foods priced, individually and by groups, and relative impor­tance (percentage) of each in the all-foods index for 56 large cities combined, for the base period (1935-39), December 1948 and December 1949.

RevisionsIn order to maintain the accuracy of the index,

special tests and surveys from which revisions may develop, are made from time to time. Some of the more important recent revisions are de­scribed below.

Adjustments to wartime and then to postwar conditions were made in March 1943 and Feb­ruary 1946. In March 1943,5 quantity weights of 27 foods were reduced in line with anticipated 1943 supplies available to consumers under rationing regulations, and weights of 26 less scarce commodities were increased. At the * *

< See Consumers’ Price Index: Relative Importance of Components, in the Monthly Labor Review for August 1948; also reprinted as Serial No. R. 1933.

* See Bureau of Labor Statistics Cost-of-Living Index in Wartime, in the Monthly Labor Review for July 1943; also reprinted as Serial No. R. 1545.

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RETAIL PRICES OF FOOD, 1949 19

same time 7 foods were added to the index. The chain-independent store ratio was revised on the basis of latest available estimates of changes in volume of food sold through chains and inde­pendent stores. Five cities were added to the index, increasing the total number from 51 to 56. The population weights were changed to take into account the marked shifts in population during wartime.

In February 1946,® the Retail Food Price Index was again revised to eliminate the special wartime adjustments. Prewar consumption weights were restored, with minor adjustments, to retain the 7 items added to the index in 1943, and outlet weights within cities were changed, using the latest sales volume data available.

The computation of average prices for chain and independent stores, separately, was initiated at this time. Formerly the ratio between the two types of stores was used in computing city averages but the computation procedure did not maintain the fixed ratio when the number of quotations varied from period to period. The revised procedure was an improvement in that the stability of the aver­ages would be affected less by short supplies, since the chain-indepen dent ratio would remain fixed, even though some reporters were unable to furnish price quotations every collection date because of food shortages.

During this revision some changes in editing were also introduced. The sample of stores was considered large enough that minor changes in the sample of stores or shifts from one brand to another within specification did not require adjust­ment for comparability in computing indexes. Index numbers for individual items which were begun at this time are used in obtaining per­centage changes, rather than prices, since major differences in the sample and in specifications are still taken care of in the index by linking.

After February 1946, sales taxes were no longer included in the published average prices, but were incorporated in the index for each city. Average prices in cities having sales taxes were reduced by the amount of tax formerly included.

® See Store Samples for Retail Food Prices, in the Monthly Labor Review for January 1947; also reprinted as Serial No. R. 1878.

The last major revision took place in August 1947,7 when the list of foods included in the index was reduced from 62 to 50, a new subgroup for meats (excluding poultry and fish) was added, and the number of quotations from independent stores for dry groceries and staples was reduced. This reduction did not materially affect the accuracy of the average prices because of the small amount of price variation from store to store for these foods.

As procedures change and revisions are made, indexes are linked (made equal in a given month) so that changes arising from the mechanics of revisions do not alter the level of the index and it continues to reflect price movements only.

In 1949, the Bureau of Labor Statistics began a 3-year revision of its Consumers’ Price Index. Under this program, the entire structure of the Retail Food Price Index will be subject to review.

Expenditure surveys will be conducted to secure information for use in bringing the market basket of foods up to date. From these surveys, the Bureau expects to determine what kinds of foods are consumed currently and in what amounts.

Special price studies have also been planned to determine the adequacy of the city coverage and of the store samples, as well as how many foods must be priced regularly to measure changes ac­curately. As in the past, it will be impossible to include in the index prices of all foods purchased by families. Prices of more than 100 foods will be collected experimentally beginning early in 1950 in order to determine the similarities and differ­ences in price movements among foods.

PublicationsRetail food price data are issued regularly as

follows :1. Consumers’ Price Index and Retail Food

Prices (monthly— mimeographed).2. Retail Food Prices by cities (monthly—

mimeographed).3. Retail Food Prices by Cities— Annual Averages

(annually— mimeographed).4. Monthly Labor Review (monthly).5. Retail Prices of Food (annually).

7 See Revision of Retail Food Price Index in August 1947, in the Monthly- Labor Review for October 1948; also reprinted as Serial No. R. 1941.

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20 RETAIL PRICES OF FOOD, 1949

T able A .— Population weights used in computing retail food prices and indexes for 56 cities combined

City Weight City Weight City Weight

P ercen t P ercen t P ercen t56 cities combined__________________ 100.0 Indianapolis, Ind_________________ 1.2 Peoria, 111 ....................................... 0.4

.2 Philadelphia Pa 7.2Atlanta, Ga_______________________ 1.3 Jacksonville, Fla____ ____________ 1.1 Pittsburgh, Pa . __ ___ _ _ 4.2Baltimore, M d ____________________ 1.8 Kansas City, Mo _______________ 1.3 Portland, Maine _ .2Birmingham, Ala__________________ 1.7 Knoxville, Tenn............... ................ .3 Portland, Oreg___________________ .7Boston, Mass______________ _______ 4.9 Little Rock, Ark_________________ .2 Providence, R. I__________ _____ .8Bridgeport, Conn__________________ .6 Los Angeles, Calif________________ 5.6 Richmond, Va...................... ............ .8Buffalo, N. Y______________________ 1.6 Louisville, Ky __ _______________ 1.0 Rochester, N. Y__ _______________ 2.3Butte, Mont ____________________ .1 Manchester, N. H ________________ .1 St. Louis, M o _________ . _ ______ 2.5Cedar Rapids, Iowa________ _______ .1 Memphis, Tenn___ _____ ________ .5 St. Paul, Minn - _____________ .6Charleston, S. C__________ ________ .4 Milwaukee, Wis............................... 1.7 Salt Lake City, Utah...................... .3Chicago, 111 ___ _______ _________ 8.1 Minneapolis, Minn___ __________ 1.1 San Francisco, Calif ___ _ _.............. 3.1Cincinnati, Ohio_________ _________ 1.8 Mobile, Ala___________ ______ ___ .3 Savannah, Ga................................... .2Cleveland, Ohio___________________ 3.6 Newark, N. J__ ____ ___________ 1.6 Scranton, Pa..... .......... ............. ...... .9Columbus, Ohio __________________ 1.3 New Haven, Conn____ __ ________ 2.1 Seattle, Wash___ ________ ______ 1.3Dallas, Tex ___ ____ __________ 1.8 New Orleans, La____ _____ ______ 1.1 Springfield, 111............................... .6Denver, Colo __ ___ ______ .8 New York, N. Y_________________ 11.8 Washington, D. C ___ __ ___ 1.9Detroit, Mich _ _ _ ___ ______ 6.1 Norfolk, V a .____________________ .7 Wichita, Kans . __ _ _ .3Fall River, Mass. _________________ .4 Omaha, Nebr____________________ 1.1 Winston-Salem, N. C..... .................. .2Houston. Tex______________________ 2.1

T a b le B .— List of foods and relative importance of individual foods and groups of foods included in the Retail Food Price Index, in the base period (1935-89), December 1948, and December 1949 1 2

Food 1935-39average

Decem­ber1948

Decem­ber1949

Food 1935-39average

Decem­ber1948

Decem­ber1949

P ercen t P ercen t P ercen t P ercen t P ercen t P ercen tAll foods _____ _________________ 100.0 100.0 100.0 Fruits and vegetables._ ..... .............. 21.6 19.6 20.9Fresh fruits and vegetables 16.5 15.2 16.6Cereals and bakery products--------------------- 15.6 13.9 14.4 Fresh fruits:

Cereals: Apples______________________ 2.1 2.4 1.8Flour, wheat- _________ ________ 1.8 2.1 2.3 Bananas____ _______________ 1.4 1.8 1.9Macaroni_________ _____________ 1.0 0) G) Oranges- . . . ___ _________ 3.4 2.3 2.3Cornflakes________ _________ 1.4 .5 .5 Fresh vegetables:Corn meal _ ___ _____ .3 .4 .3 Beans, green____________ _____ .8 . 7 1.0Rice ______________ ______ ___ (2) .3 .3 Cabbage_____________ _____ _ .7 .5 .6Rolled oats____________________ G) .7 .7 Carrots...................................... . .9 .9 1.0

Bakery products: Lettuce........... ............... ............ 1.7 1.4 1.3Bread, white ______ __________ 6.7 8.1 8.5 Onions_______________ ______ 1.1 .8 1.2Bread, whole wheat. ___________ .8 0) G) Potatoes___________ ______ 3.2 3.2 3.0Bread, rye _ _ __ _ ________ 1.2 0) G) Spinach.. ______ _______ ___ .8 . 7 G)Vanilla cookies __________ 1.8 1.8 1.8 Sweetpotatoes ........................ .4 .5 .5Soda crackers _ ___ ____ .6 0) G) Tomatoes__ ___ ____ _____ G) G) 2.0

Canned fruits and vegetables. ________ 4.1 3.2 3.0Meats, poultry, and fish---- ------- ----------- -- 28.2 32.8 31.7 Canned fruits:

Meats - ______________ -- - 22.4 26.1 25.4 Peaches___ __________ _____ .6 .5 .4Beef: Pineapple _ _. _________ _ .4 .4 .4

Round steak_________________ 3.8 4.7 4.8 Canned vegetables:Rib roast _________ _____ 4.6 4.3 4.3 Corn ____________ ______ ___ .7 .6 .6Chuck roast _____ _________ 1.7 2.0 1.9 Peas......................................... . .9 .4 .4Hamburger__________________ G) 1.9 1.8 Tomatoes___ ________________ 1.5 1.3 1.2

Veal: Dried fruits and vegetables. .......... ....... 1.0 1.2 1.3Cutlets-------- ----------- ---------- 1.9 2.2 2.3 Dried fruits:

Pork: Prunes. _________________ . .6 .7 .8Chops_____________________ 3.5 3.4 3.2 Dried vegetables:Bacon, sliced _ _ _________ 1. 9 2.0 1. 7 Navy beans__________________ .4 .5 .5Ham, whole_________________ 2.2 2.3 2.1Salt, pork .3 .4 .3 Beverages.......................................... ........... 3.4 3.0 4.4

Lamb: Coffee...____ _______________ ______ 2.6 3.0 4.4TiPP1 1.2 2.9 3.0 Tea.............. ....................... _ _ . .8 G) G)Rib chops. _________________ 1.3 (i) G)

Poultry: Roasting chickens __ 3.3 3.2 2.9 Fats and oils___ _______________ _______ 3.2 3.2 2.4Fish _______ _____ 2.5 3.5 3.4 Lard_____ ________________ ________ 1.1 1.0 .7

Fish (fresh, frozen) _ __________ 1.7 2.2 2.3 Other shortening. _. _________ _____ .7 (l) G)Salmon, pink__ __________ ____ .8 1.3 1.1 Hydrogenated shortening_____________ G) .6 .4

Mayonnaise..................................... ....... .9 G) G)Dairy products_________________________ 19.1 18.8 18.2 Salad dressing. _____ _______________ G) .9 .8

Butter __ _ __________ ____ 5.4 5.6 5.6 Margarine______ __________________ .3 .7 .5Cheese _ ___ ________ _______ 1.6 1.8 1.8 Peanut butter______________________ .2 G) G)Milk, fresh (delivered)_______________ 3 11.1 6.1 5.9Milk, fresh (grocery) _________ (3) 4.2 4.0 Sugar and sweets_______ ______ _________ 3.4 2.9 3.1Milk evaporated _ ___ 1.0 1.1 .9 Sugar................................................. . 3.4 2.9 3.1

Eggs, fresh_____________________________ 5.5 5.8 4.9

1 Not priced. 3 Not given separately for delivered and grocery milk.2 Not included in index.

U. S . GOVERNMENT PRINTING OFFICEi 1951

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