Author Description

Excerpt from Functions and Needs of Our Great Markets It must be admitted that in making prices daily the great market performs a most comprehensive, highly important and necessary feat which no other known agency can perform. Crop - reporting agencies greatly assist, but only the trading mart can serve as the crucible in which prices current are evolved out of the conditions of supply and demand. In relation to the entire world product of any commodity, as of wheat or cotton, the markets assemble as much as they can of the facts available concerning the supply afforded by the previous crop, also concerning the raw and finished products in store and in transit; concerning the acreage and condition of grow ing crops and also concerning the present and prospective demand. 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.