PRICES OF FARM PRODUCTS. 



69 





Table XXII. — Farm price and purchasing power of wheat in the United States at 



December 1 prices. 1 





Price per 



Pur- 

 chasing 



Value 

 per acre 



Pur- 

 chasing 





Price per 



Pur- 

 chasing 



Value 

 per acre 



Pur- 

 chasing 

















power per 



"iear. 



in eur- 



per 

 bushel— 



vested, 



acre har- 

 vested — 



Year. 



in cur- 



per 

 bushel — 



vested, 



acre har- 

 vested — 







1910-1914 





1910-1914 







1910-1914 





1910-191-1 







= 100. 





=100. 







=100. 





=100. 





Cents. 











Cents. 









1887 



195.7 



148 



$22. 69 



116 



1894 



49.1 



79 



§6.48 



71 



1868 



146. 7 



118 



17. 81 



96 



1895 



50.9 



85 



6.99 



78 



1869 



92.9 



79 



12.61 



72 



1896 



72.6 



124 



8.97 



103 



1870 



104.5 



95 



12.99 



80 



1897 



80.8 



136 



10.86 



123 



1871 



125.1 



115 



14.47 



89 



1S98 



58.2 



92 



8.92 



95 



1872 



125.0 



114 



14.98 



92 



1899 



5S.4 



84 



7.17 



69 



1873 



117.6 



110 



14.92 



94 



1900 



61.9 



' 87 



7.61 



72 



1874 



96.4 



93 



11.90 



77 



1901 



62.4 



88 



9.37 



89 





101.9 



104 



11.29 



78 



1902 



63.0 



84 



9.14 



82 



1876 



104.7 



115 



10.96 



81 



1903 



69.5 



96 



8.96 



84 



1877 



108.7 



129 



15.06 



121 



1904 



92.4 



125 



11.58 



106 



1878 



77.7 



99 



10.16 



88 



1905 



74.8 



97 



10.83 



94 



1879 



110.8 



137 



15.27 



127 



1900 



66.7 



SI 



10.37 



85 



1880 



95.1 



113 



12.48 



100 



1907 



87.4 



107 



12.26 



101 



1881 



119.2 



140 



12.12 



93 



1908 



92.8 



116 



12.97 



109 



1882 



88.4 



104 



12.02 



95 



1909 



98.6 



115 



15.11 



119 



1883 



91.1 



112 



10.52 



87 



1910 



88.3 



105 



12.28 



98 



1884 



64.5 



84 



8.38 



74 



1911 



87.4 



104 



10.96 



88 



1885 



77.1 



104 



8.05 



73 



1912 



76.0 



87 



12.12 



93 



1886 



68.7 



94 



8.54 



79 



1913 



79.9 



91 



12. 16 



93 



1887 



68.1 



92 



8.25 



75 



1914 



98.6 



114 



16.41 



127 



1888 



92.6 



124 



10.32 



93 



1915 



91.9 



100 



15.58 



114 



1889 



69.8 



95 



8.98 



82 



1916..... 



160.3 



125 



19.50 



103 



1890 



83.8 



115 



9.28 



86 



1917 



200.8 



126 



28.35 



120 



1891 



83.9 



118 



12.86 



121 



1918 



204.2 



113 



31.80 



119 



1892 



62.4 



91 



8.35 



82 



1919 



215.1 



103 



27.63 



89 



1893 



53.8 



81 



6.16 



63 



1920 



144.3 





19.86 











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

 Warperiod 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 for December. The average for the year and 

 following year is then used. 



