Functions And Needs of Our Great Markets

Cover Functions And Needs of Our Great Markets
Functions And Needs of Our Great Markets
W M Willet Martin Hays
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Thus, in 1910, when census taking was under way, every farm in the entire country was visited, and acreages, quantities and other facts were secured concerning each farm crop of the previous year, 1909, and the number of each class of live stock was ascertained.
The Bureau of Statistics of the United States Department of Agriculture, during each succeeding year of the next five years, uses the census figures as a basis upon which to estimate changes in acreages and in numbers of live stock. The
...se acreages, as ascer- tained by the census and the Bureau of Statistics, are used as bases upon which to estimate the conditions of the respective crops through- out the season, also the yield per acre, and to determine approx- imately the production per state and for the entire country. Thus, throughout the year the markets are kept informed as to acreage, progressive conditions of growth and quantities harvested. It must be admitted that the public generally makes little direct use of these reports, but relies almost wholly upon the interpretations of them put out by the great market centers in the form of current price figures.

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