PKIOES 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 
1880 
1882 
1883 
1884 
1885 
1886 
1887 
1888 
1889 
1890 
1891 
1892 
1893 
1894 
1895 
1896 
1897 
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 
i911 
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 
$18.58 
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. 
