New York, July 30, 1920 – A sudden and unexpected turn of events shook the cotton market in New York today. After a promising opening line of 5 to 10 cents in the price of cotton, the market took a drastic turn, with prices plummeting in the afternoon. This bizarre development has left many in the industry scratching their heads, wondering what could have caused such a drastic change.
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Key Facts
- State: National
- Category: Fraud & Financial Crimes
- Era: Historical
- Source: Library of Congress — Chronicling America ↗
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