What was the price of oil in the 1920?

Answer 1

In mid-1920, wheat sold for US$2.50 per bushel. However, increasing Canadian imports meant that, by the end of 1921, the price had fallen to only $1.09 per bushel. source: Report of the Federal Trade Commission on Methods and Operations of Grain Exporters, Vol II, (June 18, 1923) page XXXIV (http://books.Google.com/books?id=fr5JAAAAMAAJ&pg=RA1-PR34&lpg=RA1-PR34&dq=price+wheat+bushel+1920&source=web&ots=jDcIe5jgHu&sig=JsyUNAANYzubJ_8aOgwUb9MdytY&hl=en&sa=X&oi=book_result&resnum=3&ct=result#PRA1-PR33,M1)

Answer 2

Oil was $3.07 per barrel in 1920 in nominal dollar terms, although that was a local maximum - the price in 1920 was the highest between 1873 and 1956, and it was in fact above $2.00 per barrel only one other year between 1879 and 1947 ($2.01 in 1919). See the US Department of Energy website at http://tonto.eia.doe.gov/dnav/pet/hist/f000000__3a.htm for more data.

Answer 3

The US average price of dry hay (all types) in 1920 was $16.40 per ton.

Answer 4

Bread 1 lb. 10¢ 1925 New York

Answer 5

$.50