INDIAN COEN. 



MONEY VALUE or THE COEN CEOP. In estimating 

 the value of this crop, it is to be remembered that the 

 market price of corn varies greatly between the East 

 and West. In the city of New York it has ranged, dur- 

 ing the last six years, from sixty cents up to two dol- 

 lars per bushel, averaging during the last three years 

 about one dollar and ten cents. At the West it has 

 ranged much below these figures, probably from fifty 

 to seventy per cent, lower ; but as most of the corn in 

 that section is consumed on the land where it grows, 

 paying the farmer much better, on an average, than 

 the market price, it is not easy to determine what the 

 crop actually realizes to the producer. Taking into 

 consideration, however, the various forms in which it 

 is turned into money, and the range of market prices, 

 it may safely be assumed that the corn crop brings, on 

 an average, not less than sixty cents per bushel. 



But there is an important item which, though it 

 has found no place in the tables of the census, cannot 

 properly be omitted in computing the product of In- 

 dian corn. It will be found that the stalk crop of the 

 country, including all the stover of corn raised for all 

 purposes, amounts to about forty million tons.* There 

 is no regular market price established for this stover, 



* See Estimate on page 177. 



