This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1878 Excerpt: ...the United Kingdom from the year 1806 to 1848. The prices of Indian cotton in Liverpool in 1806 is iid., in 1807 d. In 1808 it went up to iod., and then declined, till in 1811 it touched id. It rose again, till in 1814 it went up to 2d. It had subsequently various fluctuations, till in 1832 it just touched 4 d., but ...
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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1878 Excerpt: ...the United Kingdom from the year 1806 to 1848. The prices of Indian cotton in Liverpool in 1806 is iid., in 1807 d. In 1808 it went up to iod., and then declined, till in 1811 it touched id. It rose again, till in 1814 it went up to 2d. It had subsequently various fluctuations, till in 1832 it just touched 4 d., but again continued to be above till 1840 with an average above 6d. It subsequently continued at a low average of about 4., and would have remained so to this day, or perhaps gone out of the English market altogether, as was very nearly the case in 1860, but for the American War which sent it up. Now, looking at the figures given above, it will be seen that, now that the temporary impulse of the American War is over, cotton is fast sinking again, and we can no longer expect to see again that high curve of the first quarter of the present century ranging from 7d. to 2d. The Suez Canal opening direct communication with European Ports, has only saved the Indian cotton trade from perishing altogether. The Administration Report of 1871-72 gives a distressing picture of the season over nearly the whole of the presidency, and of the inability of the people to stand it; and are the prices of such years to be glad about, and to be taken in averages of rise? The Central Provinces.--In the Central Provinces the average price of rice, as I have pointed out before, for the year 1867-68--a year of average good season--is Rs. 1-8 per maund of 80 lbs., not a high price certainly; and if these be an "enormous" rise in former prices, what wretched prices must they have been before? I have not materials for comparison with prices before the British rule. Of the North-West Provinces I have not come across sufficient materials to make a fair comparison, b...
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