Statistical studies in the New York money-market; preceded by a brief analysis under the theory of money and credit, with statistical tables, diagrams and folding chart . . The period is only suggestive, for the truly representativeperiod should be based on the deviations from the interpo-lated form* which should best fit the annual period. As a suggestion period, it is significant. The first monthshows a declining tendency, with the minimum about theend of the fourth week. During the next two weeks thereis a rapid rise of about This is in anticipation of themid-quarterly settlin
Statistical studies in the New York money-market; preceded by a brief analysis under the theory of money and credit, with statistical tables, diagrams and folding chart . . The period is only suggestive, for the truly representativeperiod should be based on the deviations from the interpo-lated form* which should best fit the annual period. As a suggestion period, it is significant. The first monthshows a declining tendency, with the minimum about theend of the fourth week. During the next two weeks thereis a rapid rise of about This is in anticipation of themid-quarterly settling date. The next weeks show a declin-ing tendency with a slight advance for the first week of thethird month. During the eleventh and twelfth weeks, thereare rapid declines. The thirteenth week shows an advancein anticipation of the next quarter. This is roughly true to the tendency. The indices are,however, more suggestive than quantitative. The in-crease during the fifth, sixth and seventh weeks amounts atthe present time to only about six and one-half millions of * A form of the sine curve (Poisson) would, perhaps, be statistically convenient. DiagramNo. 13. -67- dollars in money. How this period may be made quantita-tively representative will appear later (§68). § 46. The monthly period may be suggested roughly fromfive dates. The dates are the 5th, 12th, 19th, 26th and position of the fund at each date (Table No. 18) is meas-ured from an average in the manner previously the quarterly period, the monthly period (Diagram (B)) is suggestive rather than quantitatively consists, however, of the averages of a large number ofweeks and is, it is safe to say, true to the tendency. It is plain that the maximum occurs in the early part of themonth. The average for the first date, which is the 5th ofthe month, is the largest, and a declining tendency ensues upto the last record, which is about the 30th of the is an adva
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Keywords: ., bookcentury1900, bookdecade1900, booksubjectmoney, bookyear1902
