Publisher's Synopsis
Excerpt from The Market Reporter, Vol. 3: June 25, 1921
Average Price of Middling Touches Cents on June 18, a New Low Mark for Season. After having remained relatively steady with only slight changes during the first half of the week ending June 18, prices for spot cotton and future contracts dechned sharply on Thursday and Friday. During these two days spot cotton prices dropped over vlze per lb. And prices for futures dropped nearly 1[ per lb. The closing average price of Middling on June 18 as determined from the Quotations of the 10 designated 'spot markets sank to a new low mark for the season. The previous week's closing average price for Middling was per lb. And for the corresponding day m 1920 the average was 4o.61e. Saturday's average price of is 7370 lower than the high mark for the season of 38.51c reached on Aug. 2. The decline in prices for future contracts for the week ranged from 94 points for March contracts at New York to 111 points for Octo ber contracts at New Orleans. July future contracts on the New York Cotton Exchange dropped 107 points and on the New Orleans Cotton Exchange 109 points July future contracts on the Liverpool Cotton Association closed at 7 81d. Per lb. On June 17, compared with 8.31d. At the close of the previous week and 24.55d. For the corresponding day in'1920. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
