Summary of Report of the Federal Trade Commission On Combed Cotton Yarns April
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The price advance of the second half of 1919 was in response to a very large demand for combed yarns, part of which was of a speculative nature. Manufacturers with full order books bid for the available supply of long-staple cotton, the prices of which fol- lowed yarn prices to very high levels, though relatively not so high as yarn.
8. Since May, 1920, there has been a great decrease in demand for all cotton manufactures, including combed yarns, in consequence of which the prices of both combe...d yarns and long-staple cottons have shown a heavy decline.
Respectfully, HUSTON THOMPSON, Chairman. NELSON B. GASKILL. JOHN GARLAND POLLARD. VICTOR MURDOCK. JOHN F. NUGENT.
SUMMARY OF REPORT ON COMBED COTTON YARNS.
The Federal Trade Commission by a resolution of the House of Representatives (H. Res. 451, 66th Cong. , 2d sess. ) was requested to inquire into the increase in the price of combed cotton yarns during the years 1914-1919, inclusive, to ascertain the cause or necessity for and the reasonableness of increased prices during the period in rela- tion to the increase in the cost of raw cotton and of labor.
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To quickly assess the difficulty of the text, read a short excerpt:
The price advance of the second half of 1919 was in response to a very large demand for combed yarns, part of which was of a speculative nature. Manufacturers with full order books bid for the available supply of long-staple cotton, the prices of which fol- lowed yarn prices to very high levels, though relatively not so high as yarn.
8. Since May, 1920, there has been a great decrease in demand for all cotton manufactures, including combed yarns, in consequence of which the prices of both combe...d yarns and long-staple cottons have shown a heavy decline.
Respectfully, HUSTON THOMPSON, Chairman. NELSON B. GASKILL. JOHN GARLAND POLLARD. VICTOR MURDOCK. JOHN F. NUGENT.
SUMMARY OF REPORT ON COMBED COTTON YARNS.
The Federal Trade Commission by a resolution of the House of Representatives (H. Res. 451, 66th Cong. , 2d sess. ) was requested to inquire into the increase in the price of combed cotton yarns during the years 1914-1919, inclusive, to ascertain the cause or necessity for and the reasonableness of increased prices during the period in rela- tion to the increase in the cost of raw cotton and of labor.
What to read after Summary of Report of the Federal Trade Commission On Combed Cotton Yarns April?
You can find similar books in the "Read Also" column, or choose other free books by United States Federal Trade Commission to read onlineMoreLess
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