72 
WISCONSIN STATE AGRICULTURAL SOCIETY. 
Thus it appears that in the total receipts of wheat during 
the year 1870, Milwaukee led Chicago by 1,489,428 bushels. 
If, now, we compare the qualities and prices at these two 
great markets, we shall find that while the Milwaukee stand¬ 
ard for No. 1 wheat is a little higher than at Chicago, the 
standard for No. 2 is a trifle higher at Chicago than at Mil¬ 
waukee. 
This higher standard for No. 1 spring at Milwaukee is doubt¬ 
less due to the fact, that the spring wheat of Wisconsin, Min¬ 
nesota and northern Iowa, which naturally seeks that market 
are usually of better quality than the average of such as nat¬ 
urally goes to Chicago. This establishes the superior credit 
of Milwaukee as a market for No. 1 wheat, and of course 
makes it an object for those who have No. 1 grain to send it 
to that place. Under these circumstances it is natural that 
Chicago should seek to establish a high standard for her No. 2 
spring, which she has accordingly done, as will appear from 
the rules of inspection adopted by the two boards respectively. 
On examining the tables of prices contained in the reports 
of the two boards, we find No. 2 spring wheat (the only grade 
reported at Chicago) quoted at the rates below: 
Range of Prices of Spring Wheat at Milwaukee and Chicago during 1870 
Months. 
No. 1. 
Milwaukee. 
No. 2. 
Milwaukee. 
No. 2* 
Chicago. 
January. 
February . 
March. 
April . 
May. 
June. 
July . 
August. 
September. 
October. 
November. 
December. 
$0.81. .@0.8934 
0.84. .@0.8834 
0.8434@0.88 14 
0.80. .@0.9634 
0.90.. @1.07% 
1 . 01 . .@1.28.. 
1 . 12 . .@1.40.. 
1.08. .@1.3314 
0.98. .@1.1534 
i.ooj 4 @ 1.1234 
0.93i4@ 1.1434 
i- 0434@i. 1034 
$0.75%@0.8434 
0.7934@0.84.. 
0.7734@ 0.82% 
0.73. .@0.9434 
o. 8634 @ 1.0434 
0. 97. .@1.25.. 
1.0634@1.35.. 
0.99. .@1.27.. 
0.89. .@1.13% 
0.96%@1.1034 
0.92%@ 1.1234 
1. 03. .@1.08j4 
$0.7734® 0.7834 
0 . 8034 @ 0 . 82 .. 
0.77. .@0.7934 
0.7634 @0.7834 
0.8734@0.9834 
0.97. .@1.22.. 
1.06..@1.22.. 
1.10..@1.30.. 
0.95..@1.08.. 
o.9034@ 1.0934 
0-9734@i-0634 
1-0334@1.06. • 
Milwaukee leads Chicago therefore, not only in the quantity 
of wheat received, but also in the quality and prices thereof. 
* Prices of No. 1 not quoted in report of Chicago Board of Trade. 
