The Archive · 1926

Good Effect of Governments

Finance Scheme

New York, Nov. 9.

Traders Regard the comparative strength of the cotton market, in ite of the huge figures of to-day estimate of 18,000,000 bales compared with 8,000,000 in 1921, as the! first sign of the good effects of the Government Financing plan involve ing the withdrawal "of" "4,000,000 bales and a reduction of the 1927

Prices were only 25 points off in the middle of the afternoon.

The Agricultural Department admits that uncertainty exists, as! regards the quanity of cotton which will be left unpicked, especially. in view of the disposition of the farmers to leave lower grades

Text read from the printed page and cleaned; old type leaves the occasional error.

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