Thursday, May 15, 2014

Cotton trading, 60 years apart

Two clips of the NY cotton pit w/the first being the recently released clip from British Pathe of the New York Cotton Exchange around 1929 (although the video is dated 1921).  I can't tell if the footage was embellished and staged but lean towards that opinion because it appears that way to me atleast.

The second video is of the NY cotton pit at the World Trade Center in the 1980s and not much to juxtapose against the clip from half a century earlier.

One of the most interesting photos I've seen regarding any type of trading is the one below of the Galveston Cotton Exchange in 1884 where spittoons were provided at regular intervals around the trading ring.  Click on the photo to enlarge it

photo credit:
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