EXPORTS OF INDIAN MEAL. 



CHAPTER V. 



EXPORTS OF INDIAN MEAL. 



OUR exhibit of the exports of corn would not be complete with- 

 out a like statement of the exports of meal. In neither of these 

 forms of the breadstuff has the quantity exported from the Pacific 

 Coast at gold values been sufficiently large to make any sensible 

 impression upon average prices ; hence it is hardly worth while to 

 give those exports in detail. Omitting the fiscal year 1866, for 

 which there are no official statistics of exports by customs-districts, 

 the corn exported from the United States, on the 'Pacific side of 

 the continent, during the period between June 30, 1861, and July 

 i, 1874, amounted to only 7,552 bushels, valued at $7,037, equa- 

 to an average of $0.93.181 per bushel; and of Indian meal, only 

 2,571 barrels, invoiced at $17,539, equivalent to an average of 

 $6.82.186 per barrel. These figures furnish evidence that the coin 

 prices of commodities on the Pacific Slope constitute no proper 

 standard by which to measure the coin value of the currency prices 

 in other parts of the country ; for the above gold prices of corn 

 and meal are much higher than the greenback prices elsewhere, 

 showing they result from a combination of circumstances local in 

 influence and distinct in character. 



Below, copied from the Commerce and Navigation Reports of 

 the United States, are the total quantity and value of Indian meal 

 exported in each of the last twenty-six years, together with the 

 average price per barrel. 



