"c VAR 0340 4081B WP CTNSD R 909-941 MD= 1E-37 " "c REF 0340 LOC 1194 WIDTH 9 DK 19 COL 62-70 " "c EXP DEC= 2 " "c " "c WHOLESALE PRICE OF COTTONSEED OIL, CRUDE " "c ---------------------------------------- " "c " "c NBER SERIES: 04081B " "c AREA COVERED: U.S. " "c UNITS: CENTS PER POUND (IN TANKS) " "c ANNUAL COVERAGE: NONE " "c QUARTERLY COVERAGE: NONE " "c MONTHLY COVERAGE: 08/1909-07/1910, 09/1910-06/1941 " "c SEASONAL ADJUSTMENT: NONE " "c SOURCE: YEARBOOK OF AGRICULTURE, 1930 (FOR DATA 1909-1928) " "c P. 695, AGRICULTURAL STATISTICS, 1938 (FOR 1929-1938) P. " "c 116, BUREAU OF AGRICULTURAL ECONOMICS: PRICES 1916-1918 " "c FROM WAR INDUSTRIES BOARD PRICE BULLETIN NO. 15. PRICES FOR " "c 1919-1928 ARE AVERAGES OF WEEKLY QUOTATIONS IN THE"OIL, " "c PAINT, AND DRUG REPORTER." FROM AUGUST, 1928 THROUGH JULY, " "c 1934, PRICES ARE AVERAGES OF DAILY QUOTATIONS IN THE"OIL, " "c PAINT, AND DRUG REPORTER" EXCEPT FOR THE PERIOD OCTOBER, " "c 1932-JUNE, 1933, WHEN THE"OIL, PAINT, AND DRUG REPORTER" " "c PUBLISHED NO PRICES FOR CRUDE COTTONSEED OIL AT SOUTH- " "c EASTERN MILLS. FOR THAT PERIOD,(10/1932-06/1933), THE"NEW " "c YORK JOURNAL COMMERCE" DAILY PRICES WERE AVERAGED AND USED. " "c FOR AUGUST, 1934 THROUGH 1937, PRICES ARE AVERAGES OF " "c QUOTATIONS FOR SATURDAY DURING THE MONTH-- QUOTATIONS GIVEN " "c IN THE"OIL, PAINT, AND DRUG REPORTER." " "c " "c NOTES: NO QUOTATION FOR AUGUST, 1910. FIGURE FOR JULY, " "c 1916, INTERPOLATED BY WAR INDUSTRIES BOARD. " "c DATA FOR 1916-1918 CHECKED WITH THE U.S. WAR INDUSTRIES " "c BOARD, PRICE BULLETIN NO. 15, P. 11, WHICH IS THE ORIGINAL " "c SOURCE FOR THESE YEARS " "c AVERAGE PRICE PER POUND, F.O.B. SOUTHEASTERN MILLS. " "c PAGE 58 OF STATISTICAL BULLETIN NO. 24, USDA ALSO HAS A " "c PRICE SERIES FOR CRUDE, S.E. BUT GIVES AN AVERAGE OF THE " "c HIGH AND LOW PRICE PER POUND EACH MONTH. " "c TELEPHONE CONVERSATION WITH AN OILS SPECIALIST AT OIL, " "c PAINT, AND DRUG REPORTER, ON DECEMBER 5, 1938, REVEALED: A) " "c CRUDE COTTONSEED OIL IS AND ALWAYS HAS BEEN SOLD IN TANKS, " "c THE B.A.E. NOTE TO THE CONTRARY (AGRICULTURAL STATISTICS, " "c 1938, P. 116) NOTWITHSTANDING. THE B.A.E. ERROR PROBABLY " "c AROSE BECAUSE OF THE MANNER IN WHICH PRICES OF CRUDE AND " "c REFINED OIL ARE QUOTED NEAR EACH OTHER. REFINED OIL WAS " "c SOLD IN TANKS AT TIMES AND IN BARRELS AT OTHER TIMES; B) THE " "c OIL, PAINT, AND DRUG REPORTER HAS USED SLIGHTLY DIFFERENT " "c WORDING IN DESCRIBING THE MARKET AT DIFFERENT TIMES, BUT " "c ACTUALLY NO CHANGE IN MARKET QUOTED HAS TAKEN PLACE. F.O.B. " "c MILLS, SOUTHEASTERN, AND IMMEDIATE SOUTHEASTERN, ALL REFER " "c TO SPOT SALES AT THE SOUTHEASTERN MILLS. " "c "JANUARY, 1929-JULY, 1930 QUOTED IN BARRELS," A " "c FOOTNOTE IN THE SOURCE IS WRONG ACCORDING TO OIL, PAINT, AND " "c DRUG REPORTS OFFICE AND BY INSPECTION OF THIS ORIGINAL " "c SOURCE. " "c INTERPOLATED DATA USED FOR JUNE-JULY, 1926, JULY, 1927, " "c JUNE- AUGUST, 1928, JUNE-AUGUST, 1929, AND JULY-AUGUST, " "c 1931. " "c LESS THAN 10 QUOTATIONS FOR MONTH OF DECEMBER, 1931. " "c OTHER QUOTATIONS WERE BIDS. " "c " "c CHECKED MANUALLY; NO CORRECTIONS NECESSARY. " "c " "c ............................................................... "