MILK PRICES 



223 



Compare, for example, prices at Toledo and Minerva, ^ 

 both of which are practically condensery prices, but influ- 

 enced by city conditions. (See Appendix D,) It is very 

 likely, however, that more deep-seated causes are at the 

 bottom of the differences than have been shown by studies 

 so far made. That there are rather wide variations and 

 that these are not always the same from year to year is 

 shown in Table XXXIX, giving prices for the months 

 of May, 191 9, and May, 1920. 



Table XXXVIII 



Comparison for Year Ending September, 1917, and Year Ending September, igi8, 

 of Chicago Milk Prices, Ten Cities Average Milk Prices, New York Butter 

 (Creamery Firsts), United States Index of Crop Prices, United States Index of 

 Prices of Meat Animals 



Chicago 

 milk 

 prices 



Average 

 of milk 

 prices 

 in ten 

 cities 



Average 

 N.Y. 



butter^ 

 prices 



U.S. 



index 



{number, 



crop 



prices ^ 



U.S. 

 index 

 number, 



meat 

 animals * 



AU 

 commo- 

 dities ' 



Average, year ending 

 Sept., 1917 



Average, year ending 

 Sept., 1918 



Per cent of increase.. . 



$2,060 



2.793 

 3S.6 



$2,292 



3.225 

 40.3 



$0,393 



0.456 

 16.0 



232.5 



275-3 

 18.4 



10.36 



13-33 

 28.7 



163.8 



188.9 

 lS-4 



' Toledo, in northwestern Ohio, is in the heart of a condensery district in 

 which producers have been almost entirely unorganized. Minerva, Ohio, is a 

 small condensery center in the edge of the Pittsburgh milk zone, where pro- 

 ducers are well organized. 



* Creamery firsts, War Industries Bulletin 21, p. 21. 

 ' Monthly Crop Reporter, Mar., 1920, p. 29. 



* Ibid., Feb., 1920, p. 9. 



' fTar Industries Bulletin 2, p. 7, average of monthly indices of 1,371 com- 

 modities. 



