Excerpt from Standard Cotton Mill Practice and Equipment, 1919: With Classified Buyer's Index When the American cotton trade entered on the business of 1918, therefore, it had to reckon with price-enhancing influences Of the most powerful character, yet with ever - present uncertainty as to the scope and duration of these influences - seeing that the end of the war must sometime be reached - and with all the perplexities arising from the extraordinarily uneven distribution Of the supply of cotton in the world's markets, due to the effects of the war upon the supply of ocean tonnage for commercial uses, upon the movement Of the international exchanges and upon the financial situation Of the several belligerent countries. This unevenness of the distribution of the supply of cotton, moreover, was of special importance to the cotton trade in the United States, because the very fact that this is the greatest cotton-producing country in the world brought it about that the under - supply in foreign countries had as its correlative a continuous over - supply here. It may be said. Then, that the American trade, from the very beginning Of 1918, has been subjected to very strong opposite demand and supply and price-determining forces, whose clash has produced violent upward and downward movements of the markets and has made irregularity and incalculability the rule rather than the exception in the transac tion of the business. As an illustration Of this statement it may be mentioned that there have occurred more than once during the year price fluctuations more extensive (in cents per pound) than the entire average price for cotton in the United States during the decade preced ing the war. 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.