PRICES & PRICE INDEXES

Transcription

1 PRICES & PRICE INDEXES SEPTEMBER, 1958 DOMlN,c PI(OPERry OF TH LI B R A R I DOMINION BUREAU OF STATISTICS Prices Division

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3 DOMINION BUREAU OF STATISTICS Prices Division PRICES & PRICE INDEXES SEPTEMBER, 1958 Published by Authority of The Honourable Gordon Churchill, Minister of Trade and Commerce Price $2.00 per year Vol 36 No. 9 Single copies 20 cents EDMOND CLOUTSafi, C.M.G.. O.A., DSP., Queen's Printer and Controller of Stationery. Ottawa. 1958

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5 T A B L E OF CONTENTS PRICE INDEX GRAPHS Page Chart 1 - Wholesale Price Indexes, Wood, Wood Products and Paper and Selected Sub-Groups, Annually, ; Monthly, January September Chart 2 - General Wholesale, Raw and Partly Manufactured, Fully and Chiefly Manufactured and 30 Industrial Materials - Monthly Indexes from January SUMMARY OF CURRENT PRICE MOVEMENTS - Table 1 - Wholesale, Consumer and Security Price Indexes... 5 WHOLESALE PRICE INDEXES - Table 2 - Principal Wholesale Price Indexes... 6 Table 3 - wholesale Price Index Numbers Showing Component Detail... 7 Table 4 - Wholesale Prices of Important Coomodities Table 5 - Price Index Numbers of Residential Building Materials Table 6 - Price Index Nunbers of Non-Residential Building Materials CONSUMER PRICE INDEXES - Table 7 - Consumer price Indexes Table 8 - Consumer price Indexes - Main Groups and Selected Components Table 9 - Average Retail Prices for Canada - Selected Food Items Table 10 - Consumer Price Indexes for Regional Cities Table 11 - Actual Average Weekly Wages in Manufacturing Adjusted for Changes in the Consumer price Index FARM RETAIL PRICE INDEXES - Table 12 - Price Index Numbers of Coninodities and Services Used by Farmers Table 13 - Average Retail Feed Prices for Canada and Five Geographical Areas SECURITY PRICE INDEXES - Table 14 - Index Numbers of Coninon and Preferred Stock prices EXPLANATION OF METhODS USED AND ADDITIONAL SOURCES FOR PRICE SERIES APPEARING IN THISBULLETIN... 29

6 600 WHOLESALE PRICE INDEXES WOOD, WOOD PRODUCTS AND PAPER AND SELECTED SUB-GROUPS ANNUALLY, ; MONTHLY, JANUARY 1957-SEPTEMBER = 100 I I I I I I I I I I I I liii liii 600 FIR I.-.'....!i \/ CEDAR /\\ /7 \ Ir fce I I IPINE / 1 " WOOD. WOOD PRODUCTS AND PAPER ), Vi\ / NEWSPRINT AND WRAPPINGPAPER i i/ N/ L -''1 4t.. I' / / / _/ / i \. i.: t I - I / / ji I I,-- FI -' >_J WOODPULP 1 /,1 \... - (. I I I I I I I I I I II IIIHI j j

7 GENERAL WHOLESALERAW AND PARTLY MANUFACTUREOFULLY AND CHIEFLY MANUFACTURED AND 30 INDUSTRIAL MATERIALS-MONTHLY INDEXES FROM JANUARY illillillilij

8 4. NOTES ON PRICES AND PRICE INDEX NUMBERS WHOLESALE PRICE INDEXES: Follosd.ng three successive decreases, the General Wholesale Price Index was up ( ) slightly from to or 0.1 per cent, between August and September. Four of the major groups were higher, two receded, while the remaining two showed no change. Higher prices recorded for paper board, cedar, woodpulp and newsprint, contributed most to a 1.2 per cent increase in Wood Products from to This marks the highest point this index has reached since September 1956, when it stood at Higher prices for copper electrolytic domestic, and silver, offset decreases in tin ingots and caused the Non-ferrous Metals group to increase 0.8 per cent from to Non-metallic Minerals advanced 0.4 per cent from to mainly on the strength of increases registered in clay and allied products, and coal. Animal Products declined 1.3 per cent moving from to Cured meats, poultry, lard and tallow, and livestock were the principal causes for the decrease though eggs, and hides and skins were higher. Chemical Products and Iron Products showed no change between Angust and September. The following table shows some of the more important changes: Commodity Group or Sub-Group (No. of Months) Per cent change Consecutive September 1 58 over August 1 58 Increases Decreases Wood Products Group Paper Board Cedar Newsprint Woodpulp Non-ferrous Metals Group Copper, electrolytic, domestic Silver Tin, ingots Non-metallic Minerals Group Clay and allied products Coal Coke Animal Products Group Meats, cured Fowl, dressed Lard and tallow Livestock Eggs Hides and skins THE CONSUMER PRICE INDEX: The Consumer Price Index increased 0.3 per cent between August and September ( ) moving from to A 0.7 per cent advance in the Other Commodities and Services group accounted for half of the increase in the total index, and upward movements of 0.2 per cent registered by Food, Shelter and Household Operation groups contributed the remainder. The Clothing index was down fractionally. Largely as a result of increases in Street car and bus fares, the Other Commodities and Services index moved from to A 2 per cent rise in hospital rates resulted from increases in cities of (tario and Quebec and somewhat higher prices were reported for gasoline, automobile repairs and magazine subscription rates. Some further price decreases took place on 1958 models of new passenger cars, and battery prices were also lower. The Food index increased slightly from to A substantial increase occurred in egg prices, and lesser increases for bread, citrus fruits, canned juices and some canned fruits and vegetables. Apples and fresh vegetables, particularly tomatoes, experienced sharp seasonal declines. Beef prices eased slightly and pork prices were off quite sharply. The Shelter index rose from to with home-ownership up more than the rent component. An increase in the Household Operation index, from to 120.8, resulted from higher prices for a wide variety of items; soap flakes and detergents, telephone and laundry rates, shoe repairs, coal and utensils. Some items of furniture, floor coverings and textiles were up from August sale prices. The Clothing index was down slightly from to almost entirely as a result of sale prices for such items as men's topcoats, spring coats, boy's sport and 'f-shirts. Most clothing items showed no price movement.

9 TABLE 1. - SUMMARY OF CURRENT PRICE INDEXES 5. INDEXES PERCENTAGE CHANGES Sept. Sept. Sept WHOLESALE PRICE INDEXES ( Sept. Sept. Aug. Sept. Sept. Sept. Aug GENERAL INDEX Vegetable Products Animal Products Textile Products Wood Products Iron Products Non-ferrous Metals Non-metallic Minerals Chemical Products CANADIAN FARM PRODUCTS (1) (2) Eastern Total Western Total Field Animal SELECTED PRICE INDEXES (1) Canadian Industrial Materials Residential Building Materials (1949=100) Non-Residential Building Materials (1949=100) CONSUMER PRICE INDEXES (1949=100) TOTAL INDEX Food Shelter Clothing Household Operation Other Commodities and Services SECURITY PRICE INDEXES ( ) TOTAL INVESTORS' INDEX Total Industrials Machinery & Equipment Pulp & Paper 1, Milling Oils Textiles & Clothing Foods Beverages Building Materials Industrial Mines Total Utilities Transportation Telephone Power and Traction Banks MINING STOCKS General Index Golds Base Metals (1) All 1958 indexes are subject to revision. (2) Percentages not shown since Canadian Farm Products indexes subsequent to July 1957 are subject to further major revisions as and when interim and/or final participation payments are announced for Western wheat, oats and barley.

10 6 TABLE 2. - PRINCIPAL WHOLESALE PRICE INDEXES ( ) Date General Wholesale Price Index Raw and Partly Manufactured Fully (2) and Chiefly Manufactured Industrial Materials Field Canadian Farm Products (1) Animal Total Aug Sept Oct Nov Dec Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June July Aug Sept (1) Indexes August 1956 to July 1957 are final with inclusion of final participation payment for Western wheat and barley. Subsequent indexes are subject to revision. Please see note page 29 for details concerning Western grain prices, and specific publications wherein final indexes for earlier years may be found. (2) Please see page 11 for other indexes in this series.

11 TABLE 3. - WHOLESALE PRICE INDEX NUMBERS SHOWING COMPONENT DETAIL 7. ( = 100) - VEGETABLE PRODUCTS - Date Genera l' Who1 e- Vege- Milled stock Bakery table Grains Cereal and Pro- Fruits, Fruits, Fruits, Sale Pro- Foods Poultry ducts Fresh Dried Canned Index ducts Feeds 1957 Average May June July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June July Aug Sept VEGETABLE PRODUCTS - Concluded Vege - table Rubber Sugar Tea, Raw Oils and and Coffee Pota- Canned Leaf and Its Its and toes Onions Vege- To- Pro- Pro- Pro- Cocoa tables bacco ducts ducts ducts 1957 Average May June July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June July Aug Sept

12 8. TABLE 3. - WHOLESALE PRICE INDEX NUMBERS SHOWING COMPONENT DETAIL - Continued ( = 100) Date Total Animal Products Fishery Products - ANIMALS Raw Furs AND THEIR PRODUCTS Hides Leather, and Unmanu- Skins factured - Boots and Shoes Livestock Steers 1957 Average May June July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June July AuJ Sept ANIMALS AND THEIR PRODUCTS - Concluded Beef Milk Meats, and Meats, Fowl, and Its Fresh Veal Cured Dressed Pro- Carcass ducts Oils Butter and Eggs Fats 1957 Average May June July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June July Aug Sept

13 TABLE 3. - WHOLESALE PRICE INDEX NUMBERS SHOWING COMPONENT DETAIL - Continued 9. ( = 100) - FIBRES, TEXTILES AND TEXTILE PRODUCTS - Date Total Fibres, Textiles and Textile Products Raw Cotton Cotton Yarns Cotton Fabrics Cotton Knit Goods Miscellaneous Fibre Products Silk and Nylon Thread Rayon Fabrics 1957 Average May June July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June July Aug Sept FIBRES, TEXTILES AND TEXTILE PRODUCTS - Concluded Hosiery Rayon Raw Raw and Knit Wool Worsted Yarns Wool, Wool, Yarns, Goods, Blan- and Carpets Do- Im- worsted Chiefly kets Wool mestic ported Wool Cloth 1957 Average May June July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June July Aug Sept

14 10. TABLE 3. - WHOLESALE PRICE INDEX NUMBERS SHOWING COMPONENT DETAIL - Continued ( = 100) - WOOD, WOOD PRODUCTS AND PAPER - Date Total Wood Products Lumber and Timber Spruce Hardwoods Hfli- Fir Cedar lock Wood- Pulp News- Print Wrapping Paper, No. 1 Kraft 1957 Average May June July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June July Aug Sept IRON AND ITS PRODUCTS - Total Rolling Scrap Iron Pig Mill Pipe Hard- Iron Pro- Iron Proand ware Wire and ducts ducts Tubing Steel Tin Plate and Galvanized Sheet 1957 Average May June July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June July Aug Sept

15 TABLE 3. - WHOLESALE PRICE INDEX NUMBERS SHOWING COMPONENT DETAIL - Continued 11. ( ) - NON-FERROUS METALS AND THEIR PRODUCTS - Date Total Non- Ferrous Metals (1) (2) A n timony Copper Lead and and Its Its Silver Tin Pro- Products ducts Zinc and Its Products Solder 1957 Average May June July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June July Aug Sept IRON AND NON-FERROUS METALS - Raw and Manufactured Products Fully and Chiefly Manufactured Products Combined Iron Combined Iron and and Iron Non-Ferrous Non-Ferrous Metals Non-Ferrous Metals Products Metals (2) (2) (2) 1957 Average May June July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June July Aug Sept (1) Includes Gold. This series is used (2) Excludes Gold. in General Wholesale Index.

16 12 TABLE 3. - WHOLESALE PRICE TODEX NUMBERS SHOWING COMPONENT DETAIL - Continued ( ) - NON-METALLIC MINERALS AND THEIR PRODUCTS - Date Total Non- Metallic Products Clay and Allied Material. Products Pottery Coal Coal Tar Coke Window Glass 1957 Average May June July Aug Sept Oct Nov Dec Jan Feb Mar Apr May une uly Opt NON-METALLIC MINERALS AND THEIR PRODUCTS - Continued Plate Petroleum Gaso- Coal Asphalt Glass Products line Asphalt ]. Shingles Sulphur 1957 Average May :ily tug Hept Oct Nov Dec Jan Feb Mar pr May une u1y Aug Sept

17 TABLE 3. - WHOLESALE PRICE INDEX NUMBERS SHOWING COMPONENT DETAIL - Concluded 13. ( = 100) - NON-METALLIC MINERALS AND THEIR PRODUCTS - Concluded Date Plaster Lime Cement Sand and Gravel Crushed Stone Building Stone Asbestos and Its Products 1957 Average May Tune July Aug Sept Oct Nov Dec Jan Feb Mar Apr May :une uly Aug Sept CHEMICALS AND ALLIED PRODUCTS - Dyeing Total Inor- Or- and Paint, Ftu1 Indus- Chemical ganic ganic Coal Tar Tanning Explo- Pre- izer trial Soap Products Chemi- Chemi- Products Nate- sives pared Nate- Gases cals ca.s rials rials 1957 Average May June July Aug Sept Oct Tcov Dec Jan Feb Mar Apr May June July Aug Sept

18 14. TABLE 4. - WHOLESALE PRICES OF SELECTED COMMODITIES (All prices given in Canadian Funds) Yearly Conunodity 1/ Unit Average Sept. Aug. Sept $ $ $ $ VEGETABLE PRODUCTS Barley, No. 1 Feed... bu i43 Coffee Beans, Green Santos 2/3's... lb Flour, First Patent, Toronto lb. bag "0O Linseed Oil, Raw, F.O.B. Montreal... gal l.'90 Oats, No. 2 C.W.... bu Potatoes, No. 1, Saint John lb. bag Rye, No. 2 C.W.... bu Sugar, Granulated, Standard, Montreal... cwt Wheat, No. 1, Manitoba Northern... bu ANIMAL PRODUCTS Butter, Prints, 1st. Grade, Montreal lb Eggs, Grade "A" large, Montreal... Dozen Hides, Packer, Light native steers... lb Hogs, Toronto (Bonus not included)... cwt Leather, Packer Bends, No. 1 and 2... lb Leather, Box Sides D, F.O.B. Ontario Factory sq. ft Steers, Toronto 2/... cwt TEXTILE PRODUCTS Cotton, Raw, Middling, 1", New York... lb Cotton Yarn, 10's, white... lb Rayon Yarn, 36 filament, 150 denier... lb Wool, Raw, Eastern Domestic, regular Low Medium staple, greasy... lb Wool, Raw, Australian, 64's, clean... lb WOOD PRODUCTS Newsprint, F.O.B. Mill in Canadian Funds (Southern Quebec)... ton Pine, No. 1 coninon, 1"x8", 8'-16' 3/... H bd. ft Spruce Merchantable, l"x6" H bd. ft IRON PRODUCTS Pig Iron, Foundry... gr. ton Scrap Iron, No gr. ton NON-FERROUS METALS Copper, electrolytic, domestic sales... cwt Lead, Pig, electrolytic, domestic sales cwt Tin, Ingots, lb Zinc, Grade "A", Electrolytic, domestic sales... cwt NON-METALLIC MINERALS Cement, Portland, Calgary... bbl Cement, Portland, Toronto... bbl Coal, United States Anthracite... ton Gasoline, Regular Grade,Montreal... gal Gasoline, Regular Grade, Toronto... gal Gasoline, Regular Grade, Winnipeg... gal Shingles, Asphalt lb. sq CHEMICALS Soda Ash, 587, light... cwt Sulphuric Acid, 660 Baume... ton / Complete description and basis of quoting available upon request. 2/ Previous to January 1958 quotation referred to steers, up to 1,000 lbs., now all weights. 3/ Previous to October 1957 quotations referred to No. 1 and 2 coon.

19 TABLE 5. - PRICE INDEX NUMBERS OF RESIDENTIAL BUILDING MATERIALS 15. ( = 100) - PRINCIPAL COMPONENTS - Date Total Index* (1949=100) Total Index Ceunt, Sand and Gravel Brick, Tile and Stone Lumber and Its Products Lath, Plaster Roof- ing and Mate- Insurials lation Paint and Glass Plumbing and Heating Equipment Electrical Equipment and Fixtures Other Materials Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June July Aug Sept * Arithmetically converted to base 1949=100, for comparability with Price Indexes of Non-residential Building Materials shown in Table 6.

20 16. TABLE 6. - PRICE INDEX NUMBERS OF NON-RESIDENTIAL BUILDING MATERIALS (1949 = 100) - PRINCIPAL COMPONENTS - Date Total Aggregate, Index Cement B1ocks Lumber Plumbing, Electrical and Brick and Tile Heating Equipment Concrete and Lumber and other and Mix Stone Products Equipment Materials June July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June July Aug Sept Steel Lath and Hard- Plaster Roofing Paint Miscel- Metal ware and Materials and laneous Work Insulation Glass Materials June July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June July Aug Sept

21 17. TABLE 7. - CONSUMER PRICE INDEXES ( ) Total Food Shelter Clothing Household Operation Other Commodities & Services October November December January February March April May June July August September October November December January February March April May June July August September October November December January February March April May June July August September

22 18. TABLE 8. - CONSUMER PRICE INDEXES - MAIN GROUPS AND SELECTED C(I1PONENTS ( ) Sept. Sept. July August Sept Total Index Food Dairy Products (mci. butter) Cereal Products Miscellaneous Groceries Shelter Rent Home-Ownership Clothing Men's Wear Women's Wear Children's Wear Footwear Piece Goods Household Operation Fuel Electricity Home Furnishings Furniture Utensila and Equipment Supplies and Services Supplies Services Other Coninodities and Services Transportation Automobile Operation Recreation Health Care Drugs Tobacco and Alcoholic Beverages Personal Care Personal Supplies

23 TABLE 9. - AVERAGE RETAIL PRICES FOR CANADA - SELECTED FOOD ITEMS (9) 19. Sept. Sept. July Aug. Sept. Sept. Item Unit Price Relative Beef - Sirloin steak... lb Round steak... lb , Prine rib roast (1) lb Blade roast (2)... lb Stewing beef... lb Hamburg... lb Pork - Shoulder roast, Boston butt, fresh... lb (3) Rib chops, fresh... lb (4) Ran, smoked, boneless, to be cooked (6)... lb (5) Bacon, side, fancy, sliced, rind off... 1/2 lb Sausage, pure pork lb Other Meats - Veal, loin chops, rib end lb Lamb, leg roast... lb Bologna, sliced... lb Meat loaf, canned, mainly pork, ready to eat oz. N.A. N.A. N.A. N.A. N.A N.A. Fish - Salmon, ranned, fancy pink 8 oz Cod fillets, frozen (7) lb (5) Poultry - Chicken, grade A eviscerated ( lb.) (7) lb (5) Fruits - Bananas, yellow... lb Oranges, California, medium size (138's)... doz Apples, volume seller lb Grapefruit, white,96's 1/2 doz , Peaches, canned, choice, halves oz Pears, canned, choice 15 oz Orange juice, unsweetened 20 oz Apple juice, choice oz ,7 15, ,9 Raisins, California and Australia... lb Strawberries, frozen, fancy, pkg oz. 47, , (5) Orange juice, concentrate, frozen, fancy... 6 oz. N.A. N.A. N.A. N.A. N.A N.A.(8) 1 - Includes cuts with bone-in and boned and rolled. 2 - Includes cuts with blade-in and blade removed. 3 - Based on price movement for whole Shoulder Roast, prior to Jan Based on price movement for Loin Chops, prior to Jan Average prices based on chain store prices in 7 cities. 7 - Average prices based on prices in 15 cities. 8 - Average prices based on prices in 16 cities. 9 - For detailed explanations on methods of pricing, calculation techniques, coverage and price collection, refer to "Prices and Price Indexes, October 1957". Tear sheets of this material are available on request.

24 20. TABLE 9. - AVERAGE RETAIL PRICES FOR CANADA - SELECTED FOOD ITEMS - Concluded Item Unit Sept Sept July 1958 Aug Sept Sept Price Relative Vegetables - Potatoes, No. 1 table lb Tomatoee, fresh... lb Lettuce, head, fresh... lb Carrots... lb Celery stalka, green... lb Cabbage... lb Onions, No. I, cooking... lb Turnips, Canada No lb Tomatoes, canned, choice oz Peas, canned, choice oz , Corn, canned, cream, choice 20 oz Beans, with pork and tomato sauce oz Soup, vegetable oz Green peas, frozen, fancy, pkg. 12 oz (5) Tomato juice, fancy oz. N.A. N.A. N.A. N.A. N.A N.A. Dairy Product8 - Milk, fresh... qt Milk, evaporated oz Butter, creamery, first grade lb Cheese, plain, processed... 1/2 lb Cereal Products - Bread, plain, white, wrapped, sliced... lb flour, white, all purpose lb Cake mix, white, only liquid to be added, pkg oz, , Corn flakes, pkg oz Macaroni, dry, pkg.... lb Fats - Margarine... lb , Shortening... lb , Lard, pure... lb Salad dressing, jar oz. N.A. N.A. N.A. N.A. N.A N.A. Eggs - Eggs, fresh, grade A large doz Miscellaneous Groceries - Sugar, granulated... lb Jam, Strawberry, 2 lb. jar (24 fl.oz.) with pectin and pure Peanut butter, plain, jar oz Pickles, Sweet, mixed, jar 16 oz, Infant's food, vegetable, tin 5 oz Tea, black, pkg.... 1/2 lb Tea bags, orange pekoe, pkg bag N.A. N.A N.A. Coffee, medium quality, pkg lb Coffee, instant, dried, jar 6 oz. N.A. N.A. N.A. N.A N.A. Jelly powders, flavoured, pkg. 3 oz (5) Baking chocolate, unsweetened, bar 8 oz. N.A. N.A. N.A. N.A. N.A N.A.(8) lb

25 21. TABLE CONSUMER PRICE INDEXES FOR REGIONAL CITIES N.B. - Indexes shown in this table measure percentage changes in prices over time, and should not be used to compare actual levels of prices as between cities. Saska- Edmon- St. John's Hall- Saint Mont- Ottawa Tor- Win- toon ton Van - Nfld. fax John real onto nipeg Regina Calgary couver June July August September October November December January February March April May June July August September October November December January February March April May June July August September October November December January February March April May June July August September

26 22. TABLE CONSUMER PRICE INDEXES FOR REGIONAL CITIES - Continued ( ) St. John's Nfld. 1. Halifax Saint John Montreal awe Tor- onto Winnipeg Saskatoon- Regina Edmonton- Calgary Vancouver Food Index 1955 October November December January February March April May June July August September October November December January February March April May June July August September October November December January February March April May June July August September Shelter Index 1957 April May June July August September October November December January February March April May June July August September St. John's Index on the base June

27 TABLE CONSUMER PRICE INDEXES FOR REGIONAL CITIES - Concluded ( ) 23. St. John's Hali- Saint Mont- Tor- Win- Saskatoon - Edmonton- Van- Nfld. 1. fax John real Ottawa onto nipeg Regina Calgary couver Clothing Index 1957 April May June July August September October November December January February March April May June July August September Household Operation Index 1957 April May June July August September October November December January - February March April May June July August September Other Couunodities and Services Index 1957 April May June July August September October November December January Februay March April May June July August September St. John's Index on the base June

28 24. TABLE ACTUAL AVERAGE WEEKLY WAGES IN MANUFACTURING AAJUSTED FOR CHANGES IN THE CONSUMER PRICE INDEX (1) Year and Month Weekly Index Numbers of Actual (2) Wages Weekly The Consumer Weekly in 1949 Actual Wages Price Index Wages Dollars Weekly in 1949 Wages Dollars $ $ ( ) (1949 = 100) Average Average Average Average Average Average Average Average Average Average Average Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec Jan Feb Mar Apr May June July Aug (p) 53.50(p) 160.6(p) 128.3(p) (1) For statement of uses and limitations see "Prices & Price Indexes" May (2) Average Weekly Earnings of Hourly-Rated Wage-Earners in Manufacturing. For details see monthly publication "Man Hours and Hourly Earnings". (p) Preliminary.

29 TABLE 12, - PRICE INDEX NUMBERS OF COMMODITIES AND SERVICES USED BY FARMERS ( ) Composite Composite Index Equipment Taxes and Farm Farm Index Exclusive Farm and Interest Wage Family Inclusive of Living Machinery Materials Rates Rates Living of Living Component Component (a) (a) (a) ALL CANADA (r) (r) (r) April April January 248.5(r) (r) (r) - April (r) (r) (r) - August 259.1(r) (r) (r) January 251.2(r) (r) 191.9(r) (r) - April EASTERN CANADA (r) (r) (r) April April January 258.7(r) (r) (r) - April (r) (r) (r) - August 261.1(r) (r) (r) January 257.4(r) (r) 186.4(r) (r) - April WESTERN CANADA (r) (r) (r) April April January 238.3(r) (r) (r) - April (r) (r) (r) - August 257.1(r) (r) (r) January 245.0(r) (r) (r) - April (a) 1958 indexes are subject to revision, since tax and interest rate figures are preliminary. (r) revised.

30 26. TABLE AVERAGE RETAIL FEED PRICES FOR CANADA AND FIVE GEOGRAPHICAL AREAS First of the Month Prices - Dollars per cwt ITEM CANADA MARITIMES QUEBEC Sept. Aug. Sept. Sept. Aug. Sept. Sept. AuR. Sept. $ $ $ $ $ $ $ $ $ 1. Corn, cracked Oats, unground Barley, ground Wheat, unground Bran Shorts Middlings Linseed oil meal Soybean oil meal Calf starter ( ) Dairy ration (167.) Dairy supplement (247) east) Dairy supplement (327,) (Vest) Pig starter mash Hog concentrate (357,) Hog grower mash Chick starter mash (18-207) Growing mash Laying mash (17-207) Broiler starter mash ( ) Turkey growing mash ONTARIO PRAIRIES BRITISH COLUMBIA Sept. Aux. Sept. Sept. AuX. Sept. Sept. Aug. Sept. $ $ $ $ $ $ $ $ $ 1. Corn, cracked Oats, unground Barley, ground Wheat, unground Bran Shorts Middlings Linseed oil meal Soybean oil meal Calf starter ( ) Dairy ration (167.) Dairy supplement (247,) Dairy supplement (327.) Pig starter mash Hog concentrate (357,) Hog grower mash Chick starter mash (18-20%) Growing mash Laying mash (17-20%) Broiler starter mash ( ) Turkey growing mash

31 TABLE INDEX NUMBERS OF COMMON AND PREFERRED STOCK PRICES ( =100) 27. Number of Stocks INVES- TORS' TOTAL TOTAL INDUS- TRIALS Mach inery and Equipment (10) Pulp and Paper INVESTORS' Milling INDEX Oils Textiles and Clothing (8) Food and Allied Products (14) Beverages Building Mater a S (15) (95) (75) (9) (2) (5) (10) , Jan , Feb , Mar , Apr , , May , June, , July , Aug , Sept , Oct.,, , Nov.,, Dec Jan , , Feb Mar.., , Apr , May , June July., , , Aug Sept Oct., , ,0 Nov Dec Jan Feb Mar Apr May June July Aug Sept Weekly Index Sept Sept Sept Sept

32 28. TABLE INDEX NUMBERS OF CCiMON AD PREFERRED STOCK PRICES Concluded ( ) INVESTORS' INDEX MINING INDEX (1) PREFERRED Indus- TOTAL Trans.. Power Teletrial UTILI- porta- and MINING Base STOCKS BANKS Golds Number phone Mines TIES tion TOTAL Metals Traction of stocks (2) (13) (2) (3) (8) (7) (27) (21) (6) (28) Jan Feb Mar Apr May June July ; Aug l Sept Oct Nov Dec Jan , Feb , Mar ,8 Apr May June July Aug Sept Oct Nov Dec Jan Feb Mar Apr May , June July Aug Sept Weekly Index Sept (2) Sept Sept Sept (1) Mining Stock8 are not included in Investors' Total Index. (2) No weekly indexes calculated for Preferred Stocks.

33 Explanation of Methods Used and Additional Sources for Price Series 29. Appearing in this Bulletin WHOLESALE PRICE INDEXES Canadian Farm Products Wheat prices used in this index are buying prices of the Canadian Wheat Board, for Nos. 1, 2 and 3, Manitoba Northern at Fort William-Port Arthur. The initial payment price is first used and revised as further payments are announced. Final wheat participation payments for the crop year August July 1957 were announced June 11, The price of No. 1 Manitoba Northern was adjusted to $1.586, No.2 to $1.547 and No.3 to $1,478, and the indexes revised accordingly. Subsequent monthly indexes are based on an initial payment for $1.40 for No.1 Manitoba Northern. Coninencing August 1, 1949, Western oats and barley were brought under control of the Canadian Wheat Board. Prices used for Canadian Farm Products since that time have been initial pay - ments to farmers, with participation payments included whenever they are announced. For the crop year the initial price of 65 cents for No.2 C.W. oats is unchangedwith no additional payments being made as the pool account is in deficit. The final payment for barley announced May 30th brought the price for No.1 Feed to $.921. Initial payments for the crop year are 60 cents for No.2 C.W. oats and 87 cents for No.1 Feed barley. For final revised indexes August July 1952 see Prices and Price Indexes, May 1953, Table 21; and Table 4 of February 1954, May 1955, May 1956 and May 1957 issues for subsequent crop years. Table 2, page 6 of this issue presents final indexes for Indexes subsequent to July 1957 are subject to revision. The Residential Building Materials Price Index ( ) This index, which was first published in 1949, was developed to meet the need for a measurement of the price change of that part of housing costs represented by materials. In addition to the composite index which measures the price change of all materials used in residential construction, price indexes are published for nine component material groups. The weights for individual material items and groups of items within the index were based on the estimated material requirement for a national housing target for the year 1946, and the index was calculated on the base However, to facilitate comparisons of its movements with those of Lhe new non-residential series, Table 5 shows it arithmetically converted to the base Additional information concerning this index may be found in the special bulletin "Price Index Numbers of Residential Building Materials, 1926 to 1948", obtainable for 10 cents on request to the Dominion Statistician. The Non-Residential Building Materials Price Index ( ) A second special purpose price index related to the construction industry titled "Non- Residential Building Materials Price Index" is shown in Table 6. This index has been constructed specifically to measure the price change of materials used in non-residential building construction. It supplements a price index applicable to materials used in residential construction which has been available for some years. The new index has been constructed on the base , using weights obtained from data on cost of building materials provided by general and trade contractors for a sample of buildings constructed in Canada during the years

34 30. The methods of constructing the index are explained in some detail in D.B.S. Reference Paper No. 43, entitled "Non-Residential Building Materials Price Index, ", which was released on August 21, 1953 and which is available for the sum of 25 cents on request to the Dominion Statistician. This publication also coninents on the uses and limitations of the index, and provides the total inde,ç by years from 1935 to 1952, and by months for the period January 1949-July Price indexes for twelve principal component material groups have been calculated by months from January 1949 to July 1953 and these indexes are also contained in the above mentioned publication. RETAIL PRICE INDEXES Consumer Price Index The Consumer Price Index was constructed to replace the Cost-of-Living Index and was first published October 23, While the Consumer Price Index is an entirely new index constructed from post-war expenditure patterns, it serves the same purpose as the Cost-of-Living Index. That is, it measures the average percentage change in retail prices of goods and services bought by a large and representative group of Canadian urban families. The change in title was made to clarify the fact that the index is a measure of price change and is not affected by changes in standards of living. In a special report entitled "The Consumer Price Index, January 1949-August 1952",* the Bureau published an explanation of the construction of the new index and a record of its movements from January 1949 to August This report contains detailed information on such aspects of the new index as purpose, family coverage, base period, and details of items included as well as their relative importance. It also gives the formula used in calculating the index, outlines methods of price collection and explains special features of the index, such as the methods of incorporating seasonal variations in food consumption, and changes in the price element of home-ownership costs. Nineteen forty-nine was selected as a reference level or base period for the Consumer Price Index for a variety of reasons. It is the most satisfactory post-war reference year, not only for price index comparisons, but also for other economic indicators. In addition, prices during 1949 were relatively stable. Dating from the termination of World War II there has been a steady shift of interest from pre-war to post-war comparisons in all fields of economic activity. Conditions have changed greatly since and concern with things as they existed at that time has steadily declined. These circumstances are similar to those which led to the abandonment of 1900, 1913, and 1926 as base periods. The index is ba3ed on goods and services reported purchased during the year ending August 31, 1948 by 1,517 families, representing all Canadian families with the following characteristics: (a) living in 27 Canadian cities with over 30,000 population; (b) ranging in size from two adults to two adults with four children; (c) with annual incomes during the survey year ranging from $1,650 to $4,050. To measure the influence of price change on the cost of goods and services purchased by such families, the Consumer Price Index contains 224 items. Consumer Price Indexes for Regional Cities: Consumer Price Indexes are published monthly in this bulletin for the following cities or city combinations: St. John's, Halifax, Saint John, Montreal, Ottawa, Toronto, Winnipeg, Saskatoon-Regina, Edmonton-Calgary and Vancouver. with the exception of the index for St. John's, Newfoundland, which is constructed on the base June 1, 1951 = 100, all indexes are on the base 1949 = 100. The regional indexes with the exception of the one for * Available in French under the title "L'Indice des Prix a la Consoation Janvier 1949-Aolt 1952". (These reports obtainable for twenty-five cents each).

35 31. St. John's, are patterned after the Consumer Price Index for Canada. They are similar to this index in terms of family coverage, item content and weighting system. These indexes fulfil the same purpose as the cost-of-living series which they replace, viz.: each index is designed to measure the influence of changes in retail prices taking place in the localities specified, upon the cost of a fixed basket of goods and services representing the level of consumption of a representative group of families in those particular areas. In using the city indexes, it should be remembered that they are not indicators of comparative levels of prices as between the cities. That is, they do not in any way indicate whether prices are higher or lower in one city than in another. This fact may be illustrated by reference to temperature changes occurring in two cities. Suppose that in city A the temperature increases by 20 per cent from Time 1 to Time 2, and that in city B it increases 30 per cent during the same interval. In this instance an index of temperature change for city A would be 120 at Time 2 when Time 1 = 100, and the corresponding index for city B would be 130. From these indexes, it is obviously impossible to say whether or not it is warmer or colder in city A or city B. While the indexes form valid measurements of temperature change, they do not in any way indicate the comparative levels of temperature. Price Index Numbers of Connodities and Services Used by Farmers The Index of Coimnodities and Services used by Farmers is designed to measure the change in retail prices of farm operating costs and farm living costs. It is calculated thrice yearly, viz.: January, April and August, and is on the base = 100. For an explanation of methods of construction and an historical record, please refer to "Price Index Numbers of Coninodities and Services Used by Farmers, 1913 to 1948 (Revised 1948)." A special bulletin giving total and group index detail is released subsequent to each pricing date. SECURITY PRICE INDEXES Price index numbers of industrial, utility, bank and mining consnon stocks, and preferred stocks are calculated from Montreal and Toronto exchange quotations. The indexes are designed to reflect weekly and monthly changes of interest to the investor, rather than day-to-day changes of more speculative interest. Individual stock prices are weighted by the number of shares outstanding in January of each year. The list is reviewed completely in January of each year, when new series are introduced and series of declining importance are discontinued. The Investors' Index of 95 Cousnon Stocks and the Mining Stocks Index are based on the average of the Thursday closing prices. The Preferred Stock Index is a monthly average of daily quotations. Reference Papers and Special Publications The Consumer Price Index, January August Wholesale Price Indexes, (Reference Paper No. 24)...75 Price Index Numbers of Coninodities and Services Used by Farmers, 1913 to 1948 (Revised, 1948)...10 Wholesale Price Index Numbers of Canadian Farm Products, (Base, =100)...25 Price Index Numbers of Residential Building Materials, 1926 to 1948 (Base, =100).10 Non-Residential Building Materials Price Index, (Reference Paper No. 43).25 Prices and Price Indexes, (Vol. 23) Price

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