Brisbane, Feb. 15.
Mr. H, F, Walker, the Queensland Minister for Agriculture, announced that an agreement' has, been reached for a Cotton Board, on behalf of the growers belonging to the British and Australian Cotton Association to take over "ginneries fand oil mills and thus place th cation industry on a ce-operative basis, He said that Government had carefully considered the future of the cotton industry and had ascertained that the yield por acre in Queensland compared "more than favourably with the yield in the United States, and the average crop. was superior, The average value was 85 point above American Middling, while production costs compared most favourably.
The Association has six "ginner= and an oil mill. The purchase rice has been agreed at £137,000—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.