Page:Indian Journal of Economics Volume 2.djvu/424

 408 G. J. E. O'BYRNE the are re under imported. 1Va9es for nder wheat rice, wheat Prices hve the nd 1918 up o the retail prices wholesale and retail onwmrds from years September hve in he is generally is usually been tken 1891-1916. greter thn the exported nd rice from Prices and Prices for 1917 been compiled prices, and those from tle Government Gzette. from fortnightly publication o Sepomber The price relations of rice, wheat and gram to rice and wheat were worked out year by year. The rela- tions of the khrif grains jar, bajra and maize were also examined. Prices of the kharif grains are not quoted in most of the narkets of the year, not correctly for so that the speaking averages The variation of so far as can more annual average for the their relations be ascertained than a few months prices are year at all. with wheat and rice, frown these prices, agrees closely etongh rith the variation of relations of gram and barley to show that the general trend is the same. The general trend of these relations is to rise in years of sca;city such *as 1896, 1897, 1900, 1906, 1908, 1914, and to fall in yeas of plenty like 1893, 1894, 190, and 1911. This in a simple form in Graph of the mean price of gram with the mean price of but in of over esult has B where and barley wheat and rice is the average price 65.4 per cent. percentages a series of years which is been shown the relation as compared shown, relation The arithmetical mean of gram and baley has been taken as gram and barley are of approximately equal im- portance in the food-consumption of the people. curve of the weighted mean juar, bajra and maize to The barley, relation of gram, rice and wheat has also been shown by the broken line to demonstrate that the relation of gram and barley to wheat and rice represents the general relation of the cheaper grains safficie-tly well