According to this, two sick horses in Colorado in 1889 were sold for $85. So, for a used horse that needed work I guess the market price was around $40—$45.
This may sound odd, but it looks like two horses, harness’ and a wagon cost $350 from Colorado to Iowa. Or the same odd news item shows up in different papers.
In upstate New York in 1866 (a little beforehand, I know), $200 was considered a very good price (for the seller) for a two-year-old Morgan. Or maybe it was two such horses. I haven’t read Farmer Boy in a long, long time.
@Coloma I didn’t know about baby drops, but I knew about the cough suppressant. It didn’t take too long for people to realize heroin was habit forming.