COMPARATIVE PRICES OF STAPLES DURING THE CURRENT DEPRESSION ------------------------------+---------------+-------------+------------- | | |Per cent. of |April 28, 1893 |July 20, 1894|Decline since | | |April 28, | | |1893 ------------------------------+---------------+-------------+------------- Wheat, No. 2, red | 0.76-3/8 | 0.56-1/2 | 26 Corn, No. 2, mixed | .50 | .47-1/2 | 5 Cotton, middling upland | .07-13/16 | .07-1/16 | 10 Wool, Ohio and Pennsylvania, X| .28 | .18 | 36 Pork, mess, new |21.00 |14.00 @ 14.25| 33 Butter, creamery | .30 @ 33 | .17 | 45 Sugar, raw, 96° | .03-15/16 @ 4| .03-3/16 | 18 Sugar, granulated | .05-1/16 | .04-5/16 | 15 Petroleum, refined, gal. | .0555 | .0515 | 7 Pig Iron, Bessemer, Chicago |14.50 @ 15.00 |11.25 @ 11.50| 23 Steel Rails, Chicago |30.00 @ 32.00 |25.00 @ 27.00| 16 Steel Beams, Chicago | .02 | .01-1/2 | 25 | | | | June 30, 1892 |June 30, 1894|June 30, 1892 Coal, Bituminous, Pittsburg |$ 1.07 | 0.86 | 20 Coal, Anthracite, New York | 4.15 | 4.15 | 00 ------------------------------+---------------+-------------+------------- The prices of four of these products--granulated sugar, petroleum, steel rails, and anthracite coal--are controlled by strong trusts. These prices have declined, since the beginning of the depression--about May 1, 1893--not quite 10 per cent. Prices of the other ten products have declined 24 per cent.
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