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PREFACE BY THE AUTHOR OF THE BOOK
FUTURE UPS AND DOWNS IN PRICES – WHAT YEARS TO MAKE MONEY ON PIG IRON, HOGS, CORN, AND PROVISIONS
There is a time in the price of certain products and commodities; Which, if taken by men at the advance leads on to fortune; And if taken at the decline, lead, to bankruptcy and ruin.
In the following pages, the object of the writer is to give brief, full and clear exposition of the ups and downs of prices for certain products and commodities in the markets of our country, to all who are struggling for the same for a competence.
To foresee the future intelligently in regard to supply and demand, production and consumption, is the great want that finance and commerce are today and grappling with and striving to solve.
The question of prices will always be of great interest to the producer and consumer. The spirit of the age is tending toward speculation in the products of the “Farm, the Mine, and the Factory”. All business operations for profit and future contracts are attended with a great deal of risk, and the leading branches of trade demand information on the subject and that the uncertainties of the future be lessened.
There is always a hesitancy and a despite for further intelligence, in regard to engaging in any business where the chances for profit depend upon so many contingencies and circumstances.
The author, in presenting a practical book to the public on the subject, and on the branches of trade of which it treats, is inspired with the belief that it will be the greatest boon to the reader to have the years of high and low prices pointed out in the future.
It should be the highest aim of the farmer, manufacturer, and trader, in a business point of view, to penetrate the future and calculate what years he can realize the best prices for his products.
Content to be useful, instead of being voluminous, the writer has confined the book to a few of the most important branches of trade. To have extended the work to the dimensions of embracing other branches would have made it more copious than the designed brevity of the book would admit.
It is hoped that to this volume will be accorded the merit of directing more attention to the ups and downs in prices, and the causes producing and influencing the same.
And now, submitting the results of our labor, experience, and observation to the industry and commerce of the country, the author’s wishes will be fully realized if this little volume contains any information which may be useful or of service to those interested.
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