Types and Market Classes of Live Stock 



143 



tions are shown by the ten-year averages of monthly prices in the last 

 column at the right: 



The table shows that yearly average prices for beef steers steadily 

 and rapidly increased from 1915 to 1919, and then declined to the 

 amount of $7.30 during 1920 and 1921. This was due to inflation of 

 prices during the World War and to severe depression or reaction 

 immediately following the war. 



Fig. 47. — Spread in price of beef steers. 



Highest monthly prices are printed in bold-face type. These are 

 scattered widely, though they occur most frequently in July, August, 

 and September. The last column at the right shows that these three 

 months average highest for the ten years, with August and September 

 highest of all. 



