People's Pilot, Volume 6, Number 14, Rensselaer, Jasper County, 24 September 1896 — Prices of Grain in 1856. [ARTICLE]

Prices of Grain in 1856.

A gentleman writing in the Chicago Record of recent date, refering to statements made by another writer says: “The gentleman says that wheat sold, in 1856, at 40 to 50 cents a bushel, corn at 20 to 25 cents.” Why is that statement made? Is it a deliberate attempt at the usual gold argument? Here (St. Louis) are the facts as taken from the Republican of Dec. 31 1856, in its summary of the year’s trade. Lpst he was mistaken in the exact year, I give the average also for 1855 and 1857 at the same market: Lowest aver- Lowest averPrime white age for any age for any wheat. month. Corn, month. 1855 81.69 81.32 80.68 $0.57 1856 1.29 1.13% 0.44)4 0.36 1857 1.28 0.90 0.60 0.51 The above prices, are not the much ridiculed greenback prices but the prices that maintained under free coinage of silver.