Redux - Astrology & Finance Sidereal Mundane Astrology & The Market Thread
Posted: Thu Dec 16, 2021 10:20 am
I’ve just started to read the “Astrology & Finance Sidereal Mundane Astrology & the Market” report and have 2 initial points I would like to contribute. On page 4 of the report there is raised the issue of not having the exact date for the “25%” drop in the price of cotton – which is (incorrectly) presumed to have occurred in the “first week of January 1819”. The actual daily drop was approximately 20% (19.70% - from 33 cents per pound to 26.5 cents per pound) and occurred on January 25, 1819, in the major US centers (New Orleans, Philadelphia etc.).
The source for this information is “Addresses of The Philadelphia Society for the Promotion of National Industry. Fifth Edition.” Published by James Maxwell. 1820 – pages 210, 211 & 212 quoted below.
“On the 18th of January, 1819, the average price of Louisiana, Tennessee, and Georgia cotton in the Philadelphia market, was 33 cents per pound*, which had been about the rate for months before. No man then calculated on any material reduction. Hundreds of thousands of pounds had been, about that period, bought and sold at that price. Within a week, intelligence arrived of the depression in the Liverpool** market, which unfortunately regulates ours as certainly as the heat and cold of the atmosphere regulate the rise and decline of the mercury in the barometer. On that day se’ennight***, that is, on the 25th, cotton sunk here to an average of 26.5 cents****. A similar reduction took place in every part of the United States.”
*Price date source “Grotjan’s Price Current” (Grotjan’s Philadelphia Public-Sale Report)
** Liverpool, England
*** “se’ennight” – Archaic – meaning “7 days & 7 nights” i.e., a week - Jan 18 + 7 days to Jan 25.
**** Price date source “Grotjan’s Price Current” (Grotjan’s Philadelphia Public-Sale Report)
Later down the page and into page 212 it goes on to state:
“During the succeeding months, the price fell gradually, till the 14th of June, when it arrived at its ultimate point of depression. Louisiana cotton was then at 17 cents, and Georgia and Tennessee at 16, being an average of 16.5, or a further reduction of 10 cents per pound, since the 25th of January, or 16.5 cents since the 18th of that month, equal to 50 percent from the latter date.”
Anyway, enough for 1819 cotton prices! My second issue relates to footnote 3 on page 10;
“Moon is 0°18´ from the Mars/Saturn midpoint in the mundoscope”
By my calculation of this 1857 Caplunar the Moon’s Zodiacal longitude is 0° 18´ from the midpoint of the Zodiacal Mars/Saturn. By the Mundoscope the Moon is tightly opposite Saturn (as you state earlier in the report) and the Mars is a further 6°58´ away. I think this needs to be restated. Or perhaps I’ve got my wires crossed? Hopefully Jim will be able to clarify?
The source for this information is “Addresses of The Philadelphia Society for the Promotion of National Industry. Fifth Edition.” Published by James Maxwell. 1820 – pages 210, 211 & 212 quoted below.
“On the 18th of January, 1819, the average price of Louisiana, Tennessee, and Georgia cotton in the Philadelphia market, was 33 cents per pound*, which had been about the rate for months before. No man then calculated on any material reduction. Hundreds of thousands of pounds had been, about that period, bought and sold at that price. Within a week, intelligence arrived of the depression in the Liverpool** market, which unfortunately regulates ours as certainly as the heat and cold of the atmosphere regulate the rise and decline of the mercury in the barometer. On that day se’ennight***, that is, on the 25th, cotton sunk here to an average of 26.5 cents****. A similar reduction took place in every part of the United States.”
*Price date source “Grotjan’s Price Current” (Grotjan’s Philadelphia Public-Sale Report)
** Liverpool, England
*** “se’ennight” – Archaic – meaning “7 days & 7 nights” i.e., a week - Jan 18 + 7 days to Jan 25.
**** Price date source “Grotjan’s Price Current” (Grotjan’s Philadelphia Public-Sale Report)
Later down the page and into page 212 it goes on to state:
“During the succeeding months, the price fell gradually, till the 14th of June, when it arrived at its ultimate point of depression. Louisiana cotton was then at 17 cents, and Georgia and Tennessee at 16, being an average of 16.5, or a further reduction of 10 cents per pound, since the 25th of January, or 16.5 cents since the 18th of that month, equal to 50 percent from the latter date.”
Anyway, enough for 1819 cotton prices! My second issue relates to footnote 3 on page 10;
“Moon is 0°18´ from the Mars/Saturn midpoint in the mundoscope”
By my calculation of this 1857 Caplunar the Moon’s Zodiacal longitude is 0° 18´ from the midpoint of the Zodiacal Mars/Saturn. By the Mundoscope the Moon is tightly opposite Saturn (as you state earlier in the report) and the Mars is a further 6°58´ away. I think this needs to be restated. Or perhaps I’ve got my wires crossed? Hopefully Jim will be able to clarify?