TABLE VII 
GAIN Or Loss PER BUSHEL BY HOLDING CORN AND SELLING IN THE MONTHS SPECIFIED, 1903-04 To 1912-13, AND 
AVERAGE GAIN OR Loss During THE TEN YEAR PERIOD 
BD 
(=x 
S 
DEc. JAN. 
FEB. 
Mar. | 
APRIL | May | 
JUNE 
JuLy 
Avg: | 
Nov. 
Cents | Cents Cents 
52.9 | 53.6 | 54.1 Ee 
944 0320 1003 © 
43.5 43.8 44.1 
+1.1 +1.4 +1.7 2! 
= 
48.5 Z 
10.95 Hm 
37.5 c 
—8.8 
1903-04 
Selling price . . . 
Cost of holding . . 
Net selling price . . 
Profit (+) or Loss (=) 
1904-05 
Selling price -.- : -. | 
Cost of holding . . | 
Net selling price . . 
Profit (4) or Loss (—) 
1905-06 
Selling price . . . | 
Cost of holding . . 
Net selling price . . 
Profit (4) or Loss (=) 
1906-07 
Selling price... . 
Cost of holding . . 
Net selling price . . 
Profit (+) or Loss (—) 
1907-08 
Selling price . . . 
Cost of holding . . | 
Net selling price . . 
Profit (4+) or Loss (—) 
Cents | 
42.4 
Cents Cents Cents Cents | 
45.1 50.3 52.8 | 51.7 
3.14 3.60 3.94 4.95 
42.0 | 46.7 | 48.9 | 46.7 
—-04' +43! +65! 14.3 
Cents 
48.6 | 
6.48 
42.1 | 
—0.3 
Cents 
56.4 
7.49 
48.9 
+6.5 
Cents | 
48.6 | 
8.34 
40.3 
—21 
Cents | 
93.5 
9.02 
44.5 
1921 
Cy 
46.3 
42.6 | 
3.42] 
39.2 
7.1 
441 | 47.0 | 
3.93] 4.30] 
402 ' 427 
—G.1E=-3.0 
47.8 | 
5.41 
42.4 
—3.9 
56.3 
7.08 
49.2 
12.9 
54.3 | 
8.19 
46.1 
—0.2 
56.4 
9.1] 
47.3 
+1.0 
55.0 | 
9.85 
45.1 
—1.2 
£ 
- 
46.1 | 
42.0 | 
3.41 
38.6 
—7.5 
43.4 
3.92 
39.5 
—6.6 
41.5 | 
4.29 
37.2 
—80 
45.8 
5.39) 
40.4 
57 
48.8 
7.05 
41.7 
—d 4 
52.4 
5.16 
44.2 
1.0) 
51.4 | 
9.08 
42.3 
HE 
49.8 | 
9.82 
40.0 
—06.1 
48.5 
10.28 
38.2 
—'7.90 
46.0 
10.6¢ 
36.3 
—10.8 
456 9 
10.92 
347 o 
—j1.4 = 
as ee 
43.0 
41.6 
en 
38.4 
_4.6 
43.6 | 44.0 
3.65 3.98 
39.9 | 40.0 
— 3.78 3.0 
47.5 
5.01 
42.5 
—0.5 
52.8 | 
6.55 
46.2 
1.3.2 
53.1 
7.58 
45.5 
12.5 
53.6 
8.44 
45.2 
+29 
57.8 | 
9.12 
46.7 
13.7 
62.1 
9.54 
52.6 
+9.6 
61.1 
9.92 
51.2 
4-89 
59.5 = 
0.13 
494 @ 
+64 Q 
> 
= 
br 
59.5 
58.5 | 
4.41 
51.1 
_54 
58.0 
5.06 
52.9 
—6.6 
62.3 
5.64 
56.8 
—-2.7 
66.5 
6.97 
59.5 
74.9 | 
9.12 
65.8 
16.3 
70.8 
10.53] 
60.2 
+0.7 
74.3 
11.74 
62.6 
+3.1 
78.8 
12.60 
66.1 
16.6 
80.0 | 
13.20 
66.7 
1.7.2 
72.5 | 
13.83 
58.7 | 
—08 
64.3 
14.13 
50.2 
—90.3