536 
which to as Shootin ae ‘The average Tape prices 2 (Doth 
z ~ ber) are the highest in twelve years, except in 1881 and 1882, ‘this / 
| ee ~ exception being” due entirely to failure of 1881. The advance. from. he 
a last year was 7.8 cents per bushel, equivalent to 21 per cent. “The” ¢ 
Je... following cintement gives annual-averages for the principal corn-. ” 
ac See States and for the United States for twelve years: “* 
| 1883. | 1884. | 1988, 1886, 1887. Bote 
| 18; eal ae | a881. 1522 | 
| | 
| 
| 
$y 
+ \ | 
ria certs: lee nts. | \Cents. |Cents. Cents, Cents, (Cents, Cents, i ‘ 
aks : 42 3 3 34 eo 
‘ers © States, 1876. ee : | 1878, 
yA. Kentucxy!-.... 3 32 
\Cents. (Cer ts. Cents. Cents. 
WOW techs. 5) 
aa The actual export prices are herewith given. Instead of cone 
. paring those sea-port values of exports with average farm prices, - 
-... the farm prices of the States beyond the Mississippi, which furnish — 
most of the export corn, will show more accurately the cost of ship-* 
* ping a long distance: 
——_—_ = 
Years ended June 30— | Price. | Years ended June 30— Price. 
1] 
. : WHEAT. 
ye Production of wheat has not only eee pace with consumption, ‘ 
but has recently been slightly in excess. Of course this refers to-— 
~ the wheat- producing nations of the world, and not merely to this- - 
i country, which has increased its million acres of excess over home| 
a requir ements to 10,000,000 acres at the present time, a breadth much | 
*.. » larger than the surplus acreage of all others combined outside of 
4 Europe. : 
It is a significant fact in connection with the rapid increase of pop- ~ 
“ulation, and with the decline in proportion of rural population, thatthe  . 
supply of forty years ago should not only be sustained but increased, 
In 1849 the product was 4.33 bushels for each inhabitant; in 1859, 
5.5; in 1869, 7.46; in 1879, 9.16; in 1884, 9.16 per capita. For three 
. years past the seasons have not favored a continuance of so large 
production. 
‘e Krom 1849 to 1884, a period of thirty-five years, the increase of 
. population was 141 per cent., while the increase in production of | 
wheat was 410 per cent. ; 
