Business Administration: Theory, Practice and Application. [Vol. 1] Business Economics

by Unknown

[From Latham, Alexander & Co.’s “Cotton Movement & Fluctuation,” 1902-7.]

Year.	Visible and Invisible Supply at beginning of year.	Crops.			Total Actual Consumption.	Balance of Supply End of year.
		United States	All Others.	Total.		Visible.	Invisible.
	Bales of 500 pounds each.
1884-5	1,550,000	5,136,000	2,101,000	7,237,000	7,444,000	984,000	359,000
1885-6	1,343,000	5,984,000	2,234,000	8,218,000	8,120,000	968,000	473,000
1886-7	1,441,000	5,960,000	2,577,000	8,537,000	8,505,000	999,000	474,000
1887-8	1,473,000	6,400,000	2,309,000	8,709,000	8,891,000	772,000	519,000
1888-9	1,291,000	6,463,000	2,632,000	9,095,000	9,267,000	682,000	437,000
1889-90	1,119,000	6,820,000	2,933,000	9,753,000	9,795,000	846,000	231,000
1890-1	1,077,000	8,137,000	3,039,000	11,176,000	10,511,000	1,315,000	427,000
1891-2	1,742,000	8,640,000	3,001,000	11,641,000	10,565,000	2,310,000	508,000
1892-3	2,818,000	6,435,000	3,296,000	9,731,000	10,291,000	1,903,000	355,000
1893-4	2,258,000	7,136,000	3,314,000	10,450,000	10,580,000	1,792,000	336,000
1894-5	2,128,000	9,640,000	2,978,000	12,618,000	11,543,000	2,185,000	1,018,000
1895-6	3,203,000	6,912,000	3,421,000	10,333,000	11,605,000	1,231,000	700,000
1896-7	1,931,000	8,435,868	3,438,000	11,873,868	11,880,332	1,295,636	628,000
1897-8	1,923,636	10,890,000	3,316,290	14,206,290	12,888,768	1,905,158	1,336,000
1898-9	3,241,158	11,078,000	3,694,934	14,772,934	14,014,728	2,371,364	1,628,000
1899-1900	3,999,364	9,137,000	3,092,897	12,229,897	13,772,772	1,071,489	1,385,000
1900-1	2,456,489	10,218,000	3,414,454	13,632,454	13,415,916	1,549,027	1,124,000
1901-2	2,673,027	10,380,380	4,038,569	14,413,949	14,414,908	1,306,068	1,366,000
1902-3	2,672,068	10,511,020	4,215,661	14,726,687	14,477,694	1,177,677	1,743,384
1903-4	2,921,061	9,841,671	4,317,670	14,159,341	14,310,158	1,085,237	1,735,007
1904-5	2,770,244	13,420,440	4,524,000	17,944,056	15,541,667	2,501,469	2,671,164
1905-6	5,172,638	11,048,000	4,612,553	15,660,553	16,328,804	1,702,485	2,801,897
1906-7	4,504,382	13,346,000	5,232,000	18,578,000	17,005,640	2,215,497	3,861,245

Year.	Visible and Invisible Supply at beginning of year.
	Bales of 500 pounds each.
1884-5	1,550,000
1885-6	1,343,000
1886-7	1,441,000
1887-8	1,473,000
1888-9	1,291,000
1889-90	1,119,000
1890-1	1,077,000
1891-2	1,742,000
1892-3	2,818,000
1893-4	2,258,000
1894-5	2,128,000
1895-6	3,203,000
1896-7	1,931,000
1897-8	1,923,636
1898-9	3,241,158
1899-1900	3,999,364
1900-1	2,456,489
1901-2	2,673,027
1902-3	2,672,068
1903-4	2,921,061
1904-5	2,770,244
1905-6	5,172,638
1906-7	4,504,382

Year.	Crops.
	United States	All Others.	Total.
	Bales of 500 pounds each.
1884-5	5,136,000	2,101,000	7,237,000
1885-6	5,984,000	2,234,000	8,218,000
1886-7	5,960,000	2,577,000	8,537,000
1887-8	6,400,000	2,309,000	8,709,000
1888-9	6,463,000	2,632,000	9,095,000
1889-90	6,820,000	2,933,000	9,753,000
1890-1	8,137,000	3,039,000	11,176,000
1891-2	8,640,000	3,001,000	11,641,000
1892-3	6,435,000	3,296,000	9,731,000
1893-4	7,136,000	3,314,000	10,450,000
1894-5	9,640,000	2,978,000	12,618,000
1895-6	6,912,000	3,421,000	10,333,000
1896-7	8,435,868	3,438,000	11,873,868
1897-8	10,890,000	3,316,290	14,206,290
1898-9	11,078,000	3,694,934	14,772,934
1899-1900	9,137,000	3,092,897	12,229,897
1900-1	10,218,000	3,414,454	13,632,454
1901-2	10,380,380	4,038,569	14,413,949
1902-3	10,511,020	4,215,661	14,726,687
1903-4	9,841,671	4,317,670	14,159,341
1904-5	13,420,440	4,524,000	17,944,056
1905-6	11,048,000	4,612,553	15,660,553
1906-7	13,346,000	5,232,000	18,578,000

Year.	Total Actual Consumption.	Balance of Supply End of year.
		Visible.	Invisible.
	Bales of 500 pounds each.
1884-5	7,444,000	984,000	359,000
1885-6	8,120,000	968,000	473,000
1886-7	8,505,000	999,000	474,000
1887-8	8,891,000	772,000	519,000
1888-9	9,267,000	682,000	437,000
1889-90	9,795,000	846,000	231,000
1890-1	10,511,000	1,315,000	427,000
1891-2	10,565,000	2,310,000	508,000
1892-3	10,291,000	1,903,000	355,000
1893-4	10,580,000	1,792,000	336,000
1894-5	11,543,000	2,185,000	1,018,000
1895-6	11,605,000	1,231,000	700,000
1896-7	11,880,332	1,295,636	628,000
1897-8	12,888,768	1,905,158	1,336,000
1898-9	14,014,728	2,371,364	1,628,000
1899-1900	13,772,772	1,071,489	1,385,000
1900-1	13,415,916	1,549,027	1,124,000
1901-2	14,414,908	1,306,068	1,366,000
1902-3	14,477,694	1,177,677	1,743,384
1903-4	14,310,158	1,085,237	1,735,007
1904-5	15,541,667	2,501,469	2,671,164
1905-6	16,328,804	1,702,485	2,801,897
1906-7	17,005,640	2,215,497	3,861,245

Stocks of Money in Thirteen Principal Countries of the World in 1873, 1896 and 1906.

Relative increase in use of gold, silver and paper money illustrated.

Countries.	Stock of Gold.
	1873.	1896.	1906.
United States	$135,000,000	$696,300,000	$1,593,300,000
Great Britain	160,000,000	584,000,000	486,700,000
France	450,000,000	772,000,000	926,400,000
Germany	160,200,000	654,500,000	1,030,300,000
Russia	149,100,000	586,900,000	939,400,000
Italy	20,000,000	96,900,000	215,500,000
Belgium	25,000,000	35,000,000	31,100,000
Netherlands	12,000,000	21,900,000	45,900,000
Austria-Hungary	35,000,000	178,500,000	306,400,000
Australasia	50,000,000	132,100,000	125,000,000
Denmark	4,100,000	15,400,000	22,600,000
Sweden	1,800,000	10,600,000	22,600,000
Norway	7,600,000	7,500,000	8,300,000
Total	1,209,800,000	2,791,600,000	5,753,500,000

Countries.	Stock of Silver.
	1873.	1896.	1906.
United States	$ 6,150,000	$364,500,000	$698,700,000
Great Britain	95,000,000	121,700,000	116,800,000
France	500,000,000	443,900,000	411,100,000
Germany	306,235,000	212,800,000	219,700,000
Russia	18,600,000	74,200,000	77,900,000
Italy	23,000,000	45,400,000	31,700,000
Belgium	15,000,000	57,000,000	24,700,000
Netherlands	37,300,000	56,100,000	52,600,000
Austria-Hungary	40,000,000	63,700,000	105,300,000
Australasia	3,000,000	7,000,000	10,000,000
Denmark	7,500,000	5,400,000	6,100,000
Sweden	4,300,000	4,900,000	7,700,000
Norway	1,600,000	2,000,000	3,100,000
Total	1,057,685,000	1,728,600,000	1,765,400,000