. The butter industry in the United States : an economic study of butter and oleomargarine. Butter; Margarine. 429] BUTTER PRICES 205 It is readily seen that long-period fluctuations in the price correlate rather closely with changes in the amount produced. Especially is this noticeable when the early part of the period is compared with the period following the year 1895. The degree of correlation between short-period or annual fluctuations of supply and price may be more readily seen Diagram X.—Fluctuations in Supply and Price of Butter Deviation from average Nf>T}-w-> >i N
. The butter industry in the United States : an economic study of butter and oleomargarine. Butter; Margarine. 429] BUTTER PRICES 205 It is readily seen that long-period fluctuations in the price correlate rather closely with changes in the amount produced. Especially is this noticeable when the early part of the period is compared with the period following the year 1895. The degree of correlation between short-period or annual fluctuations of supply and price may be more readily seen Diagram X.—Fluctuations in Supply and Price of Butter Deviation from average Nf>T}-w-> >i N ro t»- in O t^ CO ON O ?" on on ON On On On On ON O O O O OOOO 00 ** — 0O0OOO OOOOOO 00 00 ON ON On ON CN On O- ON On On On On. Receipts of butter at Chicago. Elgin price of extra creamery butter. Drawn according to computations in Table No. 23. by charting the deviations of the supply and price from their moving averages. It cannot be said that there is a close correlation between the supply of butter and prices. The most notable inverse correlations occur in 1911, 1908, 1902, 1901, and Please note that these images are extracted from scanned page images that may have been digitally enhanced for readability - coloration and appearance of these illustrations may not perfectly resemble the original Wiest, Edward, 1878-. New York : Columbia University Press
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Keywords: ., bookcentury1900, bookdecade1910, booksubjectbutter, bookyear1916
