The book of Wheat An Economic History And Practical Manual of the Wheat Indust
The book of Wheat An Economic History And Practical Manual of the Wheat Indust
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2 Joseph Leiter appeared in 1897, and his operations extended over about a year before they closed in June, 1898. He began with the strongest position ever held in the wheat trade, for the world's wheat crop in 1897 was less than that of 1894 by over 400, 000, 000 bushels, and less than that of 1895 by over 300, 000, 000 bushels, while the production of Europe was over 200, 000, 000 bushels less in 1897 than in 1896. The United States was practically the only country that had a large surplus fo...r export. Leiter 's plan was to control this sur- plus, and make Europe pay his price for it. With this end in view, he sent an army of purchasers into the Northwest, "con- tracted for vast storage space, chartered miles of cars and a 1 Hutchinson, N. Amer. Rev. , 153:416-7.
2 For verifying the correctness of this account of the Leiter corner and for furnishing important statistics used in the account, the writer is indebted to Mr. Joseph Leiter, who ran the corner.
THE PRICE OF WHEAT 253 whole fleet of vessels, secured large contracts for delivery abroad, and prepared to supply all comers at good prices.
What to read after The book of Wheat An Economic History And Practical Manual of the Wheat Indust?
You can find similar books in the "Read Also" column, or choose other free books by Peter Tracy Dondlinger to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
2 Joseph Leiter appeared in 1897, and his operations extended over about a year before they closed in June, 1898. He began with the strongest position ever held in the wheat trade, for the world's wheat crop in 1897 was less than that of 1894 by over 400, 000, 000 bushels, and less than that of 1895 by over 300, 000, 000 bushels, while the production of Europe was over 200, 000, 000 bushels less in 1897 than in 1896. The United States was practically the only country that had a large surplus fo...r export. Leiter 's plan was to control this sur- plus, and make Europe pay his price for it. With this end in view, he sent an army of purchasers into the Northwest, "con- tracted for vast storage space, chartered miles of cars and a 1 Hutchinson, N. Amer. Rev. , 153:416-7.
2 For verifying the correctness of this account of the Leiter corner and for furnishing important statistics used in the account, the writer is indebted to Mr. Joseph Leiter, who ran the corner.
THE PRICE OF WHEAT 253 whole fleet of vessels, secured large contracts for delivery abroad, and prepared to supply all comers at good prices.
What to read after The book of Wheat An Economic History And Practical Manual of the Wheat Indust?
You can find similar books in the "Read Also" column, or choose other free books by Peter Tracy Dondlinger to read onlineMoreLess
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