PRICES OF FARM PRODUCTS. 



71 



Table XXIV. — Farm price and purchasing power of cotton in the United States at 



December 1 prices. 1 



Year. 



Price 



per 



pound 



in 



currency. 



Pur- 

 chasing 

 power 



per 

 pound — 

 1910-14= 



100. 



Value 

 per 

 acre har- 

 vested 

 in 

 currency. 



Pur- 

 chasing- 

 power per 

 acre har- 

 vested — 

 1910-14= 

 100. 



Year. 



Price 



per 



pound 



in 



currency. 



Pur- 

 chasing 

 power 



per 

 pound — 

 1910-14= 



100. 



Value 

 per 

 acre har- 

 vested 

 in 

 currency. 



Pur- 

 chasing 

 power per 

 acre har- 

 vested — 

 1910-14= 

 100. 



1876 



1878 



1879 



18S0 

 1882 . . . 



1883 



1884 



1886 



1887 

 1888 

 1889 



1890 

 1891 

 1892 



1893 

 1894 

 1895 



1896 

 1S97 

 1898 

 1899 



Cents. 

 9.7 

 8.2 

 10.3 



9.8 

 9.1 

 9.1 



9.2 



8.4 

 8.1 



8.5 

 8.5 

 8.5 



8.6 

 7.2 



8.3 



7.0 

 4.6 

 7.6 



6.7 

 6.7 



5.7 

 7.0 



85 



83 



102 



93 



85 

 89 



95 

 91 



88 



92 

 91 

 92 



94 

 81 

 96 



84 



59 



101 



92 

 90 



71 

 80 



$16. 14 



15. 62 

 18.60 



18.12 

 16.93 

 14.96 



14.14 

 13.76 

 13.65 



15.61 

 15.33 

 13.64 



16.06 

 12.99 

 17.42 



10.50 

 8.96 

 11.82 



12.30 

 12.20 



12. 63 

 13.41 



72 

 81 

 93 



87 

 80 

 74 



75 

 75 

 76 



85 

 83 



75 



89 

 74 

 102 



64 

 59 

 79 



85 

 83 

 80 

 78 



1900 



1901 

 1902 



1903 



1904 



1905 



1906 

 1907 

 1908 



1909 

 1910 

 1911 



1912 



1913 



1914 



1915 



1916 



1917 . 



1918 

 1919 

 1920 



Cents. 

 9.2 

 7.0 

 7.6 



10.5 

 9.0 

 10.8 



9.6 

 10.4 



8.7 



13.9 

 14.1 



8.8 



11.9 

 12.2 

 6.8 



11.3 



19.6 



27.7 



27.6 



35.7 

 14.0 



103 



78 

 81 



116 



97 

 111 



93 



101 



87 



129 

 133 

 83 



108 

 111 

 62 



98 

 122 

 139 



121 

 136 



68 



118.58 

 12.48 

 14.86 



19.10 

 19.33 

 21.02 



20.26 

 19. 39 



17.73 



22.55 

 25.32 

 19.08 



23.83 

 23.26 



14.91 



20. 10 

 32. 08 

 46.28 



46.20 

 59.00 

 25.14 



150 

 71 

 80 



107 

 106 

 110 



99 

 96 

 90 



106 

 122 

 92 



110 

 107 

 69 



88 

 101 

 118 



104 

 114 

 61 



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 for December. The average for the year 

 and following years is then used. 





