Synthetic Organic Chemicals : United States Production And Sales 1921
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Accordingly, in periods of price depression, packer hides sell much more freely than those of country origin. This is well shown by the fact that, owing partly to high freight rates, during 1921, country hides often had little or no value at country points, while in the markets they sold for only 50 to 60 per cent as much per 100 pounds as packer hides. Normally they sell for 80 per cent of the packer price. The immediate effect of a duty prob- "VVhalin, C, V.: U. S. Bureau of Markets.
HIDES AN...D SKINS. 11 ably would be a temporary restriction of imports. Heavy stocks on hand in the United States should then move more freely, and country hides should be in greater demand than at present. Their price then should rise, relative to packer hides, until approximately the normal price relation was reached. Beyond that they could hardly be expected to go. To that extent it could probably be said that a duty would "stabilize" hide prices.
Assuming no increase in domestic demand, the chief permanent effect of a duty, unless it were prohibitory, probably would be to increase the removal and marketing of domestic "fallen" hides — from animals which die — and thus make a small addition to the domestic production.
What to read after Synthetic Organic Chemicals : United States Production And Sales 1921?
You can find similar books in the "Read Also" column, or choose other free books by United States International Trade Commission to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Accordingly, in periods of price depression, packer hides sell much more freely than those of country origin. This is well shown by the fact that, owing partly to high freight rates, during 1921, country hides often had little or no value at country points, while in the markets they sold for only 50 to 60 per cent as much per 100 pounds as packer hides. Normally they sell for 80 per cent of the packer price. The immediate effect of a duty prob- "VVhalin, C, V.: U. S. Bureau of Markets.
HIDES AN...D SKINS. 11 ably would be a temporary restriction of imports. Heavy stocks on hand in the United States should then move more freely, and country hides should be in greater demand than at present. Their price then should rise, relative to packer hides, until approximately the normal price relation was reached. Beyond that they could hardly be expected to go. To that extent it could probably be said that a duty would "stabilize" hide prices.
Assuming no increase in domestic demand, the chief permanent effect of a duty, unless it were prohibitory, probably would be to increase the removal and marketing of domestic "fallen" hides — from animals which die — and thus make a small addition to the domestic production.
What to read after Synthetic Organic Chemicals : United States Production And Sales 1921?
You can find similar books in the "Read Also" column, or choose other free books by United States International Trade Commission to read onlineMoreLess
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