Show The Price rice Situation i. i 7 March 15 5 1930 Farm Prices The Prices Th The level le of prices s received re re- ed by Ly producers fell rr from n on onI I January 15 to 13 on 01 Itc February 15 i compared with a year jear n ago o. o Fur Further i th ther trier price declines l have reduced tho l level vel b below IO that of F February 1 15 S Some me of the outstanding commodities in th these e declines were cotton wool W wheat leut eggs g and find butter utter Low butter better prices caused the price of milk cows to fn fall 8 per head between December 13 Hi and Feb 1 lf 15 Demand conditions which ha have ha been Neon less favorable and g general l price le levels which have been declining were vero important factors affecting re rt recent re- re coot coat price trends but for the next nett low few months crop prospects will also be important Important i i j Commodity prices continued to de de- Cline I during luring February and tho first D part of March Marche I the Annalist index Par Par-ing or pt r Wholesale prIC prices s 's being the first week week of March compared d with 1 VI lab labno fo no the Hie first wc l week of February a and d 17 1 it ft k year ear ago ngo The Ite recent declines In floth agricultural and ona fal Nl prices while due in part to supply I also reflect the business oos situation situation sit sit- and a a decline dl I In l p price prate I e levels le fn ln most important countries This downward tread tre trend d in price levels le has hns been beat n continuing for several ye years rs and since last September the decline has amounted to as much as as 5 per ver cent iu in uc such countries as England Germau Germany ill I I Italy and Japan s Conditions Industrial Conditions Industrial trial production pro pre In Pc February mry avern averaged d somewhat somewhat some some- w what at higher than in December but was not much above the January level General business activity as indicated b fJ car loadings and employment ha has n not t advanced d materially from the re relatively reo I low level of December Dur ing the first hal half of February steel and automobile production co continued Un the he t expansion from the D December December levels le ley els but production d declined somewhat toward the end of the month and in inthe t the he first week of March larch I Building contracts a awarded failed In do February February February ary to ma maintain nt in the slight gain of January and the distribution of or goods gOOlIE goodsby goodsby b by rail mil r fail il to show the usual seasonal seasonal seasonal sea sea- advance ance Factory Factor employment gained aIn week by week during Jan January nry and early February at b but t declined somewhat some som what In n the last half of the month and the time the gen general ral level le for tor tim tho month was about the same as ass that for tor JanU Jan Jan- U uary t It is not evident ident that the upward up tip tip- w ward rd trend in business fol following owing the recent decline has hus yet jet et set in |