Benner's Prophecies or Future Ups and Downs in Prices First Edition - Samuel Benner - Bauman Rare Books

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Benner's Prophecies or Future Ups and Downs in Prices

Samuel BENNER

Item#: 70448 We're sorry, this item has been sold

Benner's Prophecies or Future Ups and Downs in Prices

“TO FORESEE THE FUTURE INTELLIGENTLY IN REGARD TO SUPPLY AND DEMAND, PRODUCTION AND CONSUMPTION…”

BENNER, Samuel. Benner’s Prophecies or Future Ups and Downs in Prices. Cincinnati: Published by the Author, 1876. 16mo, gilt-stamped pictorial brown cloth.

First edition of Benner’s guide to speculation in hogs, corn and other commodities.

Farmer Samuel Benner found his finances obliterated by the 1873 panic and a hog cholera epidemic. Forced into retirement, Benner decided figure out what caused the economy to experience such drastic depressions, in the hopes that he would be able to predict them. After careful study, he came up with this work, in which he published a number of charts which presented price cycles for various commodities including pig iron, cotton, corn, and hogs. Astonishingly, Benner’s predictions proved preternaturally accurate and E.R. Dewey, Director of the Foundation for the Study of Cycles, remarked that Benner’s pig iron price forecast was “the most notable forecast of prices in existence.” For most of the 20th century, Benner successfully predicted the United States’ major downturns and crises. While Benner himself felt that his cycles were divinely inspired, of particular interest to market theorists and Elliot Wave followers is the relationship of Benner’s cycles to Fibonacci numbers and the Krondatieff cycle. Contemporary pencil owner inscription.

Light scattered foxing to text, a bit of wear to cloth. An extremely good copy.

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BENNER, Samuel >

Aquatint Copperplate process by which the plate is “bitten” by exposure to acid. By changing the areas of the plate that are exposed and the length of time the plate is submerged in the acid bath, the engraver can obtain fine and varying shades of gray that closely resemble watercolor washes. Although the name contains the word “tint”, this is a black-and-white printing process; aquatint plates can often be hand colored, however.
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