Influence of Credit on Prices 



35 



and sundry materials. In the United States food is first to rise, 

 followed in order by clothing, fuel and lighting, drugs, miscel- 

 laneous, building materials, house furnishing goods, and lastly 

 metals, and implements. The order in Germany is East India 

 goods, tropical products, minerals and metals, divers, animal 

 products, agricultural products, textiles, and British exports. 



The fact that commodities in the three countries are not 

 grouped the same makes comparison difficult. Yet this much is 

 evident, that the order of rise is different for each country and 

 for each crisis. There are, however, three of the most important 

 groups in each country which approximate the groupings of the 

 other countries and can for that reason be compared. For ex- 

 ample, the "minerals" of England correspond to the "metals and 

 implements" of the United States, and the "minerals and metals" 

 of Germany. The other two groups are foods and textiles. 



Table XXXI 

 Minimum Point of Prices of Three Classes of Commodities by Ranks 



75 



