Show Another Advance in inn in Prices es of All Kinds Kinds' Of Products Is Scored Higher I Level in United States Is in Keeping With I Rest of World for lower prices Is general WISHING H enough but realizations in this regard re regard rei re- re i gard lead ead only to the tho road of dis- dis ent says Bradstreets After the setback that occurred In March hope of a little relief developed but since thc then tho the trends have ha been steadily upward upward up up- ward while prices on numerous articles havo been fixed b by governmental decree quotations for uncontrolled commodities have havo manifested sufficient strength to torun torun torun run the main level lovel to a n. new high altitude Yet there is an undercurrent the move- move I meets of or which aro are only slightly perceptIble perceptible percept percept- ible at the moment that see seems s to convey convey con con- ve vey tho the Impression that the apex ho has been reached In Indeed eed It Is probable that as regards essentials tho the hand han of the government will bo be felt more and more unless s. s of oC course events prove that th the natural law of supply and demand provides provides pro pro- vides correctives against as further advances In certain commodities In which case governmental action will be held In abey abey- ance Besides tho the alread already exercised In Influence In- In fluence of the government combined with that which ma may yet ct bo ho exerted the ad adI advance advance ad- ad I vance of or the crop croll growing season probably probably probably ably will servo to keep food quotations quotations' from rom soaring soaring- continuously But the practical aspect of oC things as the they stand Bland revealed obviously tales takes precedence precedence pre pre- of ot the theories that relate to the thc future and the actu actual l developments clearly clear clear- ly h tho the existence of inordinately Inordinate high prices These high levels are particularly particularly par par- apparent In quotations for livestock livestock live live- stock edible meats meat manufactured textiles and oils and apparently arise out of scarcity b by concentrated governmental bu buying which has been conducted on a large lare scale thus perforce per per- force leaving comparatively little in tho the wa way of or surplus supplies for tho the civilian customer In the matter of or high hish prices the United States Is In Juxtaposition with the thc rest of oC the world So it Is not astonishing t tu fin find as we vve do that the tho index number of commodity prices as compiled by this Journal for May Mo 1 last works out at thus Indicating a now new peak eal point and one ono that reflects reJects an advance ance o of 24 II per cent over April of or 2 25 per cent over May Ia 1 I 1917 and of or lIS per ller cent over Jul July 1 1 l 1014 1911 H. H practically a 1 month before I the outbreak of tho war As a matter I of contemporaneous Interest It ma may be ber r that prices In tho ho United States advanced more moro rapidly during the past month than thc they did In England where the rise was only l. l 12 per cent In the United States livestock textile oils and building materials reached record high water marks marls on May 1 last and whereas thirty six six commodities increased in price during luring the period of April 1 to May 1 last only l' l fifteen declined while five fifty remained stationary In passing it may mar bo be apropos to state stat that while the volume of or money In cir clr- circulation has Increased 45 43 per cent over May 1 I 1914 wholesale prices between Jul July 1 1914 and May of this th's year ear advanced advanced advanced ad ad- ad- ad per cent while wa wages es In the th great manufacturing turIn state of or New York durin during the the period June Tune 1914 to March moved up 47 i per pcr cent and finally It is Js to be noted that these d developments have taken place at a n. lime time of decreased outputs of gold old from the worlds world's mines While w WP tvr are arl on nn tho the subject wo we might ht also observe c that producers of ot soil products products products prod prod- are arc not keen about selling their yields Iel s at nt falling alling prices indeed they seem scent to have become wedded to tho the Idea that every advance in price should bo be b by another rise This manifestation is observed In an era ern of or federal aid ald the government emment during the thc past ten months and four fOUl days das having expended on the purchase of or federal farm loan bonds The over a n. months month's time was quite general eight out of or thirteen groups having advanced while only two declined with an equal number remaining station station- ar ary Breadstuffs receded because of lower low low- lower er prices for corn oats and baric barley Livestock Livestock Live Live- stock advanced owing to high quotations quotation for beeves and nd hogs Provisions ascended as a a. result of oC advances in meats butter cheese salt and mackerel The groups comprising hides and leather moved u up owing to a a. rise In hl hides es which probably flowed from the thc lar largo large e orders placed for arm army shoes Textiles manifesting the he most noteworthy advance one that wp- wp presents p i- resents a a. rise of or Ie 16 per cent s soared soared- lre ur oil UI still higher quotations for the tho manufactured manufactured manufactured I products which eclipsed tho the sharp fall In raw cotton Oils ascended owing to higher quotations for refined petroleum I as well as for olive oil |