Agriculture -- United States -- Statistics -- Periodicals; Farm produce -- Marketing -- Statistics -- Periodicals
[2] These grades are not tenderable on future contracts made subject
to section 5 of the United States cotton futures Act, as amended, on
the future exchanges at New York and New Orleans.
[3] Total sales in the designated markets.
Commercial reports indicate that trading in cotton goods has broadened
and that, while the demand for goods in small quantities and under
frequent orders is rather active, there is still uncertainty as to the
effect of higher prices on the consumption of goods.
The crop reporting board of the Bureau of Markets and Crop Estimates on
Oct. 3. 1921, estimated that the condition of the cotton crop on Sept.
25 was 42.2% of normal, compared with 49.3% on Aug. 25, 59.1% on Sept.
25, 1920, 54.4% on Sept. 25, 1919, and 62.4% the average on Sept. 25 of
the past 10 years.
A condition of 42.2% on Sept. 25 forecasts a yield per acre of about 118
lbs. and a total production of about 6,537,000 bales of 500 lbs., gross.
In 1920 the production was 13,439,603 bales; in 1919, 11,420,763; in
1918, 12,040,532; in 1917, 11,302,375; and in 1916, 11,449,930 bales.
The condition of the crop on Sept. 25 is the lowest on record and the
estimated production is less than that for any year since 1884 when
5,682,000 bales were produced.
The preliminary report of the Bureau of the Census issued on Oct. 3,
showed 2,907,950 bales ginned prior to Sept. 25, compared with 2,249,606
bales for the corresponding period last year and 1,835,214 bales for
1919. The figure for 1921 is subject to slight corrections when checked
with individual returns of the ginners being transmitted by mail.
=Closing Future Prices for Oct. 1 and for the Corresponding Days in 1920
and 1919.=
---------+-----------------+-----------------
Month. | New York. | New Orleans.
+-----------------+-----------------
| 1921| 1920| 1919| 1921| 1920| 1919
---------+-----+-----+-----+-----+-----+-----
October |20.48|22.25|30.55|20.05|20.80|31.25
December |20.65|21.25|30.84|20.26|20.42|30.85
January |20.33|20.92|30.85|20.03|20.25|30.76
March |20.02|20.68|31.00|19.59|20.25|30.72
---------+-----+-----+-----+-----+-----+-----
Stocks of Government-Classed Cotton at Future Markets.
Inspected cotton, Government-classed, in warehouses at the ports of New
York and New Orleans on Sept. 30, and on the corresponding day in 1920,
of the grades tenderable on future contracts made on the exchanges in
these markets subject to section 5 of the United States cotton futures
Act as amended:
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