Word: cottons
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Dates: during 1920-1929
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...With some products, however, it is possible to hold off the sale. But computations in the cotton market slow that in seven out of ten years, any attempt at holding back results in losses...
Before 1817 there were very few law books in Cambridge. The College Library, which was described by Cotton Mather as "the best furnished that could be shown anywhere in all the American regions" contained but seven volumes of the common law, according to the catalogue published in 1723. Very few law books had been received between 1723 and 1817. The Corporation immediately granted $500 for the purchase of law books, to which were added gifts amounting to $181.74. Professor Stearns did what he could with this sum to purchase a "complete law library" and also removed from the college library...
...Gases have been developed for the destruction of the cotton boll-weevil, the wood-boring teredo, various species of disease-bearing mosquitoes, barnacles on ship bottoms and other insect and mollusk pests...
...Cotton declined sharply from recent high levels. In general, however, commodities continued to rise in price. Copper has recovered its recent slight recession on heavy London buy. So universal are premiums for early deliveries of steel products that prices for such deliveries are in practice rather meaningless. The Steel Corporation is operating at 92% of capacity. Railroad buying has slowed up, but so great is the demand that the only check to production lies in the shortage of common labor...
...common fear of coming inflation is a table of stocks of basic commodities as of January 1,1923, in the bulletin of the New York Reserve Bank. Compared with January 1, 1922, much smaller stocks were reported of anthracite and bituminous coal, cement, brick, wood pulp, skins, leather, cotton, lamb. Larger stocks were reported in crude petroleum, kerosene, gasoline, beef, pork. Until stocks of commodities generally increase, it may be concluded that consumption is keeping pace with production, and that in consequence inflation is not yet upon...