TOB2YEAR: PRICE OF TOBACCO 2 YEARS PREVIOUS

"Price of tobacco two years previous to year of land transaction, that is, price of tobacco lagged two years": Note: Prices of crops are formatted F4.2, decimal not included. Prices of tobacco in positions 31-42 are in Pennsylvania provincial money, shillings per hundredweight. Prices of wheat in positions 43-54 are in Pennsylvania provincial money, shillings per bushel. Prices of corn in positions 55-56 are in South Carolina provincial money, shillings per bushel. Prices of tobacco in positions 67-78 are in British sterling money, shillings per pound. For sources of price data, see American Colonial Wealth, section III.D. The tobacco prices in positions 67 through 78 are for Maryland and were furnished by Carville V. Earle of the University of Maryland.

ValueLabelUnweighted
Frequency
%
12.66 - 52.7%
12.86 - 31.6%
13.06 - 42.2%
13.92 - 10.5%
14.83 - 10.5%
14.91 - 31.6%
15.08 - 10.5%
16.25 - 21.1%
16.38 - 52.7%
17.00 - 10.5%
17.10 - 52.7%
17.32 - 10.5%
17.58 - 21.1%
17.71 - 21.1%
17.91 - 42.2%
18.00 - 63.2%
18.13 - 105.4%
18.33 - 115.9%
19.48 - 73.8%
19.90 - 31.6%
19.98 - 42.2%
20.19 - 21.1%
20.40 - 63.2%
20.42 - 115.9%
20.43 - 42.2%
21.41 - 84.3%
21.53 - 52.7%
21.83 - 179.2%
21.89 - 1910.3%
24.82 - 84.3%
28.71 - 158.1%
32.29 - 21.1%
32.50 - 73.8%
Total 185 100%

Based upon 185 valid cases out of 185 total cases.

Summary Statistics

  • mean: 20.77
  • median: 20.42
  • mode: 21.89
  • minimum: 13
  • maximum: 32
  • standard deviation: 4.56

Location: 42-46 (width: 5; decimal: 2)

Variable Type: numeric

Notes

Source: This variable was taken from: American Colonial Wealth Estimates, 1774.

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Disclaimer: The frequencies for this variable may not be weighted. They are purely descriptive and may not be representative of the study population. Please use with caution and consult the study documentation.

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