Railways And Agriculture 1900 1910

Cover Railways And Agriculture 1900 1910
Railways And Agriculture 1900 1910
Dc Bureau of Railway Economics Washington
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51 in 1911, an in- crease of $6. 38, or 69. 9 per cent.
The details for each individual crop are as follows : c Value of an acre's Per cent of in- output, 1911. Crease over 1899.
Corn $14. 79 73-8 Wheat 10. 96 50. 1 Oats 10. 98 38. 3 Barley 18. 38 70. 2 Rye 12. 96 105. 1 Buckwheat 15. 29 97. 5 Potatoes 64. 60 78. I Hay 11. 38 ii. 8 Tobacco 84. 13 61. 7 Cotton 20. 32 52. 3 Compared with the prices of things which farmers buy, the pur- chasing power of the crop of an average acre was greater in 1
...911 than in 1899 by 41. 6 per cent. In other words, while there has been an increase in the market prices of such commodities as the farmer purchases in considerable quantity, the increase in the prices he receives for his crops has been so much greater that his purchasing power has been increased in considerably greater proportion. Ex- pressing this situation in terms of the several important crops, the purchasing power of an average acre's output of corn in 1911 was 50. 7 per cent greater than in 1899; that of an average acre's output of wheat was 30.

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