PEICES OF FAKM PBODTJCTS. 67 



Table XX,— .Farm price and -purchasing poiuer of corn in the United States at 



December 1 prices. 1 



Year. 



1807.. 

 1808.. 

 1809.. 



1870.. 

 1871.. 

 1872.. 



1873.. 



1874.. 

 1875.. 



1870.. 

 1877.. 

 1878.. 



1879.. 

 1880.. 

 1881.. 



1882.. 

 1883 . . 

 1884.. 



1885.. 

 1880.. 

 1887.. 



1888.. 

 1889.. 

 1890.. 



1891.. 

 1892.. 

 1893.. 



Prfe-e per 

 bushel, 

 in cur- 

 rency. 



Cents. 

 70.8 

 03.3 

 72.7 



54.7 

 47.4 

 39.6 



48.6 

 65.2 

 41.8 



36.7 

 35.8 

 31.7 



37.5 

 39.6 

 63.6 



4S.5 

 42.4 

 35.7 



32.8 

 36.6 



44.4 



34.1 

 28.3 

 50.6 



40.6 

 39.4 

 36.5 



Pur- 

 chasing 

 power 

 per 

 bushel — 

 1910-1914 

 =100. 



69 

 110 



67 

 56 

 102 



84 

 85 

 81 



ya 



Value 

 acre 

 nar- 

 vested,. 

 in cur- 

 rency. 



$18.14 

 16. 44 

 17.11 



15.49 

 13.79 

 12.18 



11. 56 

 13.50 

 12.31 



9.59 

 9.54 

 8.55 



10.94 

 10.91 

 11.82 



11.94 

 9.63 

 9.19 



8.09 

 8.00 

 8.92 



8.95 

 7.03 

 10.48 



10.98 

 9.09 

 8.21 



Pur- 

 chasing 

 power per 

 acre har- 

 vested— 

 1910-1914 



= 100. 



Year. 



1894...'.. 



1895 



1896 



1897 



1898 



1899 



1900 



1901 



1902 



1903 



1904 



1905 



1900 



1907 



1908 



1909 



1910 



1911 . 



1912 " 



1913 



1914 



1915 



1916 



1917 



1918 



1919 



1920 



Price per 

 bushel, 

 in cur- 

 rency. 



Cents. 

 45.7 

 25.3 

 21.5 



26.3 

 28.7 

 30.3 



35.7 

 60.5 

 40.3 



42.5 

 44.1 

 41.2 



39.9 

 51.6 

 60.6 



57.9 

 48.0 

 61.8 



48.7 

 69.1 

 64.4 



57.5 

 88.9 

 127.9 



136.5 

 134. 9 

 67.7 



Pur- 

 chasing 



power 



per 



bushel — 



1910-1914 



= 100, 



109 

 62 

 54 



65 

 67 

 64 



74 

 125 

 79 



87 



71 

 93 

 112 



99 

 84 

 108 



82 

 116 

 109 



92 

 102 

 119 



111 

 95 

 60 



Value 

 per acre 



har- 

 vested, 

 in cur- 

 rency. 



Pur- 

 chasing 

 power per 

 acre- har- 

 vested — 

 1910-1914 

 = 100. 



IS. 86 

 6.64 

 6.06 



6.26 

 7.10 

 7.66 



9.02 



10.09 

 10.81 



10.82 

 11.79 

 11.88 



12.06 

 13.38 

 15. 88 



15.02 

 13. 31 

 14.79 



14.20 

 15.99 

 16.65 



16.22 

 21.66 

 33.58 



32.70 



38.54 

 20.93 



82 



92 



ll-i 



100 



91 

 101 



93 

 105 

 110 



101 

 97 

 121 



106 

 73 



1 Prices as reported by the Department of Agriculture are converted to currency basis during the Civil 

 War period by using the premium on gold as reported by the Treasury Department. Purchasing power is 

 calculated by' dividing the price index by the index numbers of prices of all commodities for December 

 (Table II.) "Before 1900 the index numbers are not available tor December. The average for the year and 

 following year is then used. 



