Show buying power of the farmer 13 17 16 92 1 9 R Z 1024 INDEX I 1 I 1 I 1 I 1 I 1 1 iamba no 00 V 1 1 1 I 1 70 1 1 1 10 V A I 1 I 1 SEA I 1 1 1 1 the purchasing power of farm commodities continues to rise latest estimates show an average of 0 48 points higher for the first eleven months of this year than during tile the corresponding months ot of 1023 according to a report of the sears roebuck agricultural foundation based on the new index numbers of farm prices prepared by the united states department of agriculture farm prices show a combined value on november 1 1924 as compared with in 1013 1913 this combined index number includes 30 farm commodities modi ties which represent more than 00 per cent of the value of products sold by farms the foundation points out using august 1000 to july 1014 as the purchasing power of these products stood at 87 on november 1 ot of this year in 1018 the purchasing basing power was decreasing to 09 in 1021 in 1922 it rose to 74 and by 1023 1923 the average stood at as during the first clev eleven en months of this year the purchasing power of farm commodities averaged as as compared with in the same period a year ago advances in grain which averages about 22 per cent of the total value of farm products sold and in price of meat animals which averages 27 per cent have been the largest factors in the increase ot of the farmers purchasing power since 1021 the grain farmer received during the early part of this year prices about 10 per cent above the prewar pre war five year average this had risen to 30 00 per cent increase by july at the same time the general price level of commodities the farmer has to buy ranges 30 10 to 80 per cent above the 1913 level eveL |