The Archive · 1928

Sharp Break in

COTTON PRICES

Heavy Selling Following Reported Increased Production New Orleans, July 9.

One of the sharpest breaks this year recurred a the Cotton Exchange here to-day following public. ation of the Government Bureau's Aercage Report, which showed an increase of over eleven per cent. compared with July last year.

Heavy selling sent down prices $4.25 a bale—Reuter.

New York, July 9.

Prices dropped $5 points in a few] minutes to-day following the issue of the Government Bureau's Acreage Report. The increased area under cultivation is much larger than had! been anticipated—Reuter.

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

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