Brothers, estimates that the American commercial cotton crop for 1914-15, including Linters, will prove to be as much as 16,750,000 bales, which is easily a record, and compares with 14,588,000 bales for 1913-14 and 16,138,000 bales representing the big 1911-12 crop. As regards consumption, the circular says it must be confessed that no trustworthy opinion can yet be formed, as the whole thing must depend' so greatly upon the duration of the war and the extent of its devastating influence on the Continent.
Text read from the printed page and cleaned; old type leaves the occasional error.