Economic Aspects of the War; Neutral Rights, Belligerent Claims And American Commerce in the Year 1914-1915
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But the increase in shipments via adjacent neutral countries was about 1,668,000 bales. So the real decrease in exports to Germany was perhaps not over 500,000 bales, assuming — and we cannot quite assume — ^that Germany got aU the excess exports moving to adjacent neutrals.
It is recalled that the New York and New Orleans Cotton Exchanges closed on July 31. For later quotations on the price of cotton we are mainly dependent on individual transactions reported from different parts of the South.... All tell the same story of sinking prices.
Cotton had sold in New York for 11% cents in the last days of July. On August 10, southern shippers were willing to deliver it to New England factories for 11 cents. On August 21 it sold in Augusta for 10% cents, on August 26 for 9% cents.
On September 2 cotton touched 8 cents ; on October 6, 7% cents ; on October 12 it dropped to 6% cents ; and on October 19 sales from southern points were STARTING COTTON MOVEMENT . 119 reported at 6 to 6% cents per pound.
What to read after Economic Aspects of the War; Neutral Rights, Belligerent Claims And American Commerce in the Year 1914-1915?
You can find similar books in the "Read Also" column, or choose other free books by Edwin J Edwin Jones Clapp to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
But the increase in shipments via adjacent neutral countries was about 1,668,000 bales. So the real decrease in exports to Germany was perhaps not over 500,000 bales, assuming — and we cannot quite assume — ^that Germany got aU the excess exports moving to adjacent neutrals.
It is recalled that the New York and New Orleans Cotton Exchanges closed on July 31. For later quotations on the price of cotton we are mainly dependent on individual transactions reported from different parts of the South.... All tell the same story of sinking prices.
Cotton had sold in New York for 11% cents in the last days of July. On August 10, southern shippers were willing to deliver it to New England factories for 11 cents. On August 21 it sold in Augusta for 10% cents, on August 26 for 9% cents.
On September 2 cotton touched 8 cents ; on October 6, 7% cents ; on October 12 it dropped to 6% cents ; and on October 19 sales from southern points were STARTING COTTON MOVEMENT . 119 reported at 6 to 6% cents per pound.
What to read after Economic Aspects of the War; Neutral Rights, Belligerent Claims And American Commerce in the Year 1914-1915?
You can find similar books in the "Read Also" column, or choose other free books by Edwin J Edwin Jones Clapp to read onlineMoreLess
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