PRICES AND SHARES

Wanganui Chronicle, Volume 76, Issue 109, 11 May 1933, Page 9

PRICES AND SHARES

MARCH MOVEMENTS. Export prices declined during March, .reports the Government Statistician, the average index number for that month (on the base average prices ruling during 1909-13 equal 1000) was 836, representing a fall of 42 points, or 4.8 per cent., since tho previous month, and of 23.2 per cent, as compared with export prices ruling during the year 1914. Heavy decreases in prices received for dairy products and meat were the main factors contributing to this fall in the index. Retail prices continue to fall, a decrease of ]1 points in the “all groups' index being recorded since February. Food prices, on tho average, fell during tho month despite seasonal increases in the prices of certain commodities, for example, eggs. The index number for the three food groups combined was, in March, 1933, 1.1. per cent, above the July, 1914, level ot such prices. Wholesale prices fell slightly (by 3 points) since February Share prices, as represented by the index covering market prices of shares in 49 industrial, financial, and commercial companies, advanced by 23 points, or 3 per cent., since tho end of February. The i*4ox is, however, 24.7 per cent, below the 1926 level.