Cycles of Cotton Speculation
Sample pages
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A 1906 magazine article by financial writer Thomas Gibson analyzing ten years of American cotton prices (1896 to 1905) for speculators. It presents tables of seasonal high, low and average prices and of crop sizes in bales, plus a circle chart of yearly price fluctuations. Gibson argues that cotton prices have risen steadily despite normal or large crops, attributing this to a general rise in commodity prices and a declining purchasing power of the dollar rather than to supply and demand.
- Type
- Article
- Date
- 1906
- Language
- English
- Pages
- 4
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From Ralph Griswold's Digital Archive, delivered by the University of Arizona.
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