14 BULLETIN 99% U. S. DEPARTMENT OF - AGRICULTURE. 



PRICES PAID TO FARMERS. 



The five-year average prices paid to farmers for each product for 

 each month are shown in Table XVII, pages 37 to 45. For example, 



WHOLESALE PRSCES OF WOOL 



;.l Mill 



1861 1852 1863 1864 1865 1866 1867 1868 1869 1870 1371 1872 1373 1874 1875 1876 1877 1878 

 1914- 1915 1916 1917 1918 1913 1920 1921 



Fig. 7. — Prices of wool, Civil War and World War periods, and wholesale prices of all commodities during 

 the Civil War. Five-year average before the war is in all cases 100. In both war periods wool rose very 

 high in price and in both eases a very violent drop occurred. 



the average price paid to farmers for corn on July 1, 1909-1914 was 

 69. 2 cents per bushel. July 1, 1921 r it was 62.2 cents. The price in 

 July, 1921, was therefore 90 per cent of the five-year average before 

 the war. 



Fig. 8.— Prices of butter, Civil War and World War periods, and wholesale prices of all commodities during 

 the Civil War. Five-year average before the war is in all cases 100. In each war period butter was 

 relatively cheap for several years. After the Civil War a reaction occurred that kept butter relatively 

 high priced for several years. 



The average price of cotton on July 1 for five years before the war 

 was 12.7 cents. In July, 1921, it was 9.6 eents or 76 per cent of the 

 average before the war. 



