CORN.

Year High Average Low

1896 30⅝ 25¹/₁₆ 19½

1897 32⅝ 27³/₁₆ 21¾

1898 38 32 26

1899 38⅛ 34¹/₁₆ 30

1900 49½ 40 30½

1901 67½ 51¾ 36

1902 88 65⅞ 43¾

1903 53 47 41

1904 58⅛ 50⁷/₁₆ 42¾

1905 64½ 53¼ 42

1906 54¾ 46¾ 39

The average price of wheat in the first year (1896) was 73 ¹¹/₁₆ in

standard format, in the two following years very high prices were

established, and the average may be considered abnormal, as the years

1897 and 1898 cover the rise and fall of Joseph Leiter.

[Illustration: FLUCTUATIONS OF WHEAT PRICES FOR TEN YEARS.

(The rims of the circles touch the high and low prices of wheat each

year for 10 years.)

The cycles of speculation · 第 25 / 34 题