This is a report by the Commissioner of Corporations on cotton exchanges, focusing on the methods used to establish grade differences for future contracts. Authored by the United States Bureau of Corporations and Herbert Knox Smith, the report provides an in-depth analysis of the cotton market during the early 20th century. It examines the complexities of grading cotton and how these grades are factored into future contracts, offering insights into the economic mechanisms of the time. The report offers valuable information for those studying the history of commodity trading, agricultural economics, and the role of government oversight in the marketplace. It will be of particular interest to historians, economists, and anyone researching the evolution of financial instruments related to agricultural products.
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