APPENDIX. 



ECONOMIST INUKX NUMK?:RS OF PRICES. 



Average Prices of 22 Co7mnodities, 1S4>5 to 1850=100. The right-hand column 

 gives the figures as transposed to make the year 1860 the basis of comparison. 



See Diagram XII. (page 640.) 



*For December, 1894. The Aldrich Report contains the Economist Index numbers 

 to 1893. In seeking to continue them to date, I have been unable to find a set of the 

 Economist in San Francisco. A student in Stanford Univer.«ity has been able to 

 supply me with the totals of Economist prices for the end of each quarter of 

 1895, 1896, }897, and 1898, of which I have taken the average from which to compute the 

 annual index number, although I infer from an expression in the Aldrich Report that 

 the number usually quoted as the Economist number is that of January in each year. For 

 1894 my data includes only the quotation for December, which I have, therefore, taken. 

 I have transposed the index numbers of these years to the basis of 1860, by dividing 

 each by the index numbers for 1860. The result is in any case sufficiently accurate for 

 the purposes of this book, but this explanation is given for the benefit of students who 

 may have occasion to refer to these tables. 



