The settlement of Illinois, 1778-1830Boggess, Arthur Clinton
History
The settlement of Illinois, 1778-1830
Boggess, Arthur Clinton
Illinois -- History -- 1778-1865
Naturally the difference in price of the same commodity in two different
markets was dependent in large measure on the ease or difficulty of
transportation. In the latter part of 1817, corn was $0.24 to $0.30 and
wheat $0.75, in Illinois, while corn was $0.50 and wheat $0.75 at
Cincinnati.(432) In 1825 wheat was worth hardly $0.25 per bushel, while it
sold for $0.80 to $0.87-½ in Petersburg, Virginia, and flour was $6.00 per
barrel at Charleston, South Carolina, and was scarce even at that price in
Nashville, Tennessee. At the same time corn sold for from $0.08 to $0.10
in Illinois, and for $1.75 to $2.00 in Petersburg, Virginia.(433) In 1826
wheat sold in Illinois at $0.37-½, and in England at $2.00 (nine
shillings).(434) In 1829 flour was scarce at Galena. A supply from the
more southern settlements in Illinois sold at $8.00 per barrel, and the
farmers were urged to bring more.(435) This was in October. In November
flour was quoted at Galena at $9.00 to $10.00 per barrel, while it sold at
St. Louis for $4.50 to $5.50. In December, Cincinnati flour was from
$10.00 to $10.50 and Illinois flour from $8.00 to $8.50, at Galena,
whereas in the succeeding August they were $5.00 and $4.00, respectively.
In November, 1829, the one article of food that was quoted as cheaper at
Galena than at St. Louis was potatoes. They were $0.25 per bushel, at
Galena, and from $0.37-½ to $0.50 at St. Louis. Butter was $0.25 to
$0.37-½ at Galena, and $0.12-½ to $0.20 at St. Louis; corn, $0.50 at
Galena, and $0.25 to $0.31 at St. Louis; beef, $0.03-½ to $0.04-½ at
Galena, and $0.01-½ to $0.02 at St. Louis; whisky, $0.62-½ per gallon at
Galena, and $0.30 to $0.33 at St. Louis.(436)
Life of the People.
Public-domain text, read in full here on John Shaqi.
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