PRICES OF FARM PRODUCTS. 
G7 
Table XX. — Fann price and purdiasing power of corn in the United States at 
December 1 prices. l 
Year. 
1807 
1868 
1869 
1870 
1871 
1872 
1873 
1874 
1875 
1876 
1877 
1878 
1879 
1880 
1881 
1882 
1SS3 
1884 
1885 
1880 
1887 
1888 
1889 
1890 
1891 
1892 
1893 
Price per 
bushel, 
in cur- 
rency. 
Cents. 
76.8 
63.3 
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 
48.5 
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. 
Value 
per acre 
hai> 
vested, 
in cur- 
rency. 
86 
75 
91 
73 
64 
53 
67 
92 
63 
59 
63 
60 
68 
69 
110 
84 
77 
67 
56 
84 
85 
81 
$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 
8.06 
8.92 
8.95 
7.63 
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 
1906.... 
1907 
1908.... 
1909.... 
1910 
1911 
1912 
1913.... 
1914.... 
1915 
1916 
1917 
1918 
1919.... 
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 
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 
88 
79 
71 
93 
112 
99 
84 
108 
82 
116 
109 
92 
102 
119 
111 
95 
Value 
per acre 
har- 
vested, 
in cur- 
rency. 
$8.86 
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 
Pur- 
chasing 
power per 
acre har- 
vested— 
1910-1914 
= 100. 
114 
100 
91 
101 
93 
105 
110 
101 
97 
121 
104 
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 ail 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. 
