GENERATING CYCLES REFLECTED IN A CENTURY OF PRICES.

The article analyzes the existence of an eight-year generating cycle in the U.S. agricultural system. According to the author, the eight-year cycle in the crops have persisted from 1760 to 1918, which have induced derived cycles of prices which are reflected and verified in the century of Sauerbeck index numbers of general wholesale prices. Pieces of evidence presented by the author include the analysis of a century of prices and a paper on "A Comparison of the Fluctuations in the Price of Wheat and in the Cotton and Silk Imports Into Great Britain," by J. H. Poynting.