Agricultural Commerce; the Organization of American Commerce in Agricultural Commodities
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Until January 1, 1908, this classification as enforced in New York comprised 30 grades, 11 full grades, 10 half grades, and 9 quarter grades. The basis of this, as of all other cotton classifications, was "middling" cotton, above which there were nine superior grades and below which there were 30 grades of inferior quality.^ All of these grades were for many years deliverable on New York contracts, but grading practices had meanwhile changed throughout the South and there was com- plaint that t...oo many low grades were deliverable in the New York market. The New York Cotton Exchange, therefore, on January 1, 1908, reduced the number of deliverable grades to 19, on April 1, 1908, to 18, and on December 1, 1914, to 14.
In 1915 this entire system of classification was abandoned in favor of a system based upon the standard grades established by the United States Department of Agriculture.
In an effort to bring about greater fairness and uniformity ^ The New York classification prior to Jan.
What to read after Agricultural Commerce; the Organization of American Commerce in Agricultural Commodities?
You can find similar books in the "Read Also" column, or choose other free books by Huebner, Grover G. (Grover Gerhardt), B. 1884 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Until January 1, 1908, this classification as enforced in New York comprised 30 grades, 11 full grades, 10 half grades, and 9 quarter grades. The basis of this, as of all other cotton classifications, was "middling" cotton, above which there were nine superior grades and below which there were 30 grades of inferior quality.^ All of these grades were for many years deliverable on New York contracts, but grading practices had meanwhile changed throughout the South and there was com- plaint that t...oo many low grades were deliverable in the New York market. The New York Cotton Exchange, therefore, on January 1, 1908, reduced the number of deliverable grades to 19, on April 1, 1908, to 18, and on December 1, 1914, to 14.
In 1915 this entire system of classification was abandoned in favor of a system based upon the standard grades established by the United States Department of Agriculture.
In an effort to bring about greater fairness and uniformity ^ The New York classification prior to Jan.
What to read after Agricultural Commerce; the Organization of American Commerce in Agricultural Commodities?
You can find similar books in the "Read Also" column, or choose other free books by Huebner, Grover G. (Grover Gerhardt), B. 1884 to read onlineMoreLess
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