278 



SPECULATION 



Barley Price Ranges, 18 Years, Chicago. 



Fluctuations in Prices of United States Bonds. "Since November, 1916, 

 the 2 per cent consols have declined in market from 99^-100 to 96% in October, 

 1917; the 3s of 1918 from 100%-lOlM to 99-100; the 4s of 1925 from 110- 

 110% to 105-105^." Vol. 1, p. 76. Annual Report of the Comptroller of the 

 Currency, Washington, Year ending October 31, 1917. 



Monthly Range in Price in New York, November, 1916 to October, 1917. 



(Vol. 2, pp. 52, 53.) 



