THE FOOD CRISIS AND AMERICANISM IC3 



TABLE No. 9 



YEARLY AVERAGE PRICES BASED UPON THE 



MONTHLY RANGE FOR THE ARTICLES NAMED 



IN THE CHICAGO MARKET 



Year Wheat Corn 



I9n $0.98^6 $0.59^ 



1912 1.04^ 0.68% 



1913 0.95^4 0.62^ 



Average ............ $0.0945 $0.635 



1914 ..................... $i.oi& $0.69% 



IQI5 ..................... i.3i54 0.72% 



1916 ..................... 1.38 0.82^4 



Average ............ $1.2366 $0.751 



by Germany in 1914. We assume that it must be the 

 latter. If so, how does it happen that the " prices re- 

 ceived by the farmer during the three years " were 

 12^2 cents per bushel less than the Chicago market 

 price for wheat? And 3 cents per bushel more than 

 the Chicago market price for corn? Deducting 12^/2 

 cents per bushel from the Chicago market price for 

 corn, will reduce it to 51 cents per bushel. This would 

 reverse his findings and show that the ratio of increase 

 for corn was 180 per cent., instead of 109 per cent., as 

 he states. On the other hand, if we assume that it is 

 for the three years prior to our entrance into the war, 

 it would show that the farmer was getting over 36 

 cents a bushel less than the Chicago prices for his 

 wheat, and only 8.6 cents per bushel less than the Chi- 

 cago prices for his corn. 



