h of the year,
while the dotted line below the date figures gives the lowest price for
the corresponding months. The range in any month is found in the distance
between the heavy dots on the line following the name of the month. Thus
the highest price in April, 1893, is $19.35, and the lowest price in the
same month, $15.50. The range throughout the year is from $21.80 in May to
$12 in August. No. 2 gives the same facts with reference to the prices per
barrel of green hams; and No. 3 gives the corresponding facts as to prices
of live hogs.

_Annual fluctuation, 1896-7._--Nos. 4, 5 and 6, marked by more distinct
lines, show the range of prices for these three related articles of
commerce for the year 1896-7. No. 4 gives the prices of green hams, which
in this year averaged higher than the prices of mess pork, although the
fluctuations of mess pork are the greater. At the top of the chart are
given in thousands the number of live hogs received in Chicago during the
two years.

On the right of each month are the numbers for 1892-3; on the left the
numbers for 1896-7. The lines connecting the shaded portion show the
fluctuations from month to month in the supply. A general, though not a
perfect, correspondence is perceptible.

CHART NO. 11

[Chart.]

Chart XI. Annual fluctuations of prices of pork in Chicago, 15 years. Page
100.

_Annual fluctuations in pork prices in Chicago--average of fifteen years_

_Average annual fluctuations._--This chart is intended to show the annual
range of prices as shown by reports of the Board of Trade of Chicago, from
September, 1883, to August, 1897. The figures, right and left, give prices
per cwt. of live hogs, and per barrel of green hams and mess pork. The
figures opposite the shaded lines at the top indicate receipts of live
hogs in thousands, by the average in each month, for the fifteen years.
The year is taken from September to August following, for correspondence
with the crop year, as in previous charts.

_Explanation._--No. 1 gives in the upper continuous line the average of top
prices for mess pork in successive months; and in the lower line the
average of bottom prices for the same months. The long, diagonal lines
show the extreme of fluctuations in each month during the entire fifteen
years. Thus the lowest price reached during the month of April in any year
was $8.05, while the highest was $25.50. T