XXX Vil
(vii) Changes in Prices and Wages since October, 1905.
In the separate reports information is given for each town in regard
to the movement of prices between the standard date, October, 1905, and
the date at which the town was visited for the purpose of this Enquiry. But it
appeared desirable to obtain some information as to the movement of prices up to
a more recent date, and for this purpose supplementary investigations were made
in April, 1908, in six representative towns—Berlin, Aachen, Chemnitz, Magde-
Jzanqf, Mannheim and Mülhausen—with a total population of about three
millions. Information was also obtained so far as possible in regard to the
movement of wages during the same period. The results of these supple
mentary investigations are summarised in the following paragraphs. *
<
Changes in Prices.
The upward movement in the price of Bread which set in during 1905
continued, with a certain break towards the end of 1906, until the beginning of
the present y&ar, since when there has been a slight fall in price in some of the
towns. The general movement is illustrated by Table E (i) on page lvii
which shows the official monthly average prices, since October, 1905, published
by the municipal authorities of Berlin, Magdeburg, Mannheim and Mülhausen,
for rye bread of various grades, the prices being cited in pfennige per kilo, as in
the original returns, in order to exhibit the variations more clearly. In these
towns it will be seen that prices, after rising in the first part of 1906 showed a
slight downward movement in the latter part of that year, after which time the
upward movement was resumed until it culminated in November and Dezember
of 1907 or January of 1908. The following Table summarises in English units
the prices of rye bread of various grades at October, 1905, and February,
or March, 1908, for all the six towns visited.
Town.
Price of rye bread perSt^^p
October, 1905.
February or
March, 1908.
Increase per cent.
Aachen
Berlin ..
Chemnitz
Magdeburg
Mannheim
Mülhausen
d.
41
4|
51
d.
51
61
61
6
51
24
32
32
25
14
10
The rise in price thus ranges from 10 to 32 per cent, and the average
advance is 23 per cent, or approximately an increase of one-quarter as compared
with October, 1905.
In regard to Meat, Table E (ii) on page lviii shows similarly the official
monthly average prices of Beef\ for the six towns, from October, 1905, to the most
recent months for which information was obtainable. It will be seen that the
movements are comparatively small and very irregular ; on the whole the
highest level was reached towards the end of 1906, since which time in spite
of marked fluctuations in some cases, prices on the whole have tended down
ward. Taking together the prices recorded in all the six towns at October,
1905, and the°latest available date in 1908, in the same way as the bread prices
above, it appears that in the latter month prices had returned to practically the
same level as in October, 1905. In the case of Pork, on the other hand, there
has been a considerable fall in prices, the greater part of this having taken
place since the autumn of 1906. The monthly prices given in Table E. (iii)
on page lix, show an average fall of 15 per cent.