The Archive · 1927

Acreage to Restore Balance

Washington, Jan, 2-

1¢ The annual report of the Depart-mont of Agriculture in referring to tke cotton outlook advocates a curtailment of at least 80 per cent, of t|uereage in order to restore the joslance between consumption and] supply. It mentions the possibility'

increased damage to crops. by! the boll weevil compared with last} jycar while even if the growing weather is normal the outlook for production is none too encouraging. /=-Reuter's American Service.

The Position in Egypt Cairo, Jan. 80.

Mr. "William Howarth, avery: large user of Egyptian cotton and Vice-Presiden: of the British Master-in Spinners Federation, interviewed by Reuter, said the" master cotton spinners considered the proposed restriction of cultivated aren as unjustified if it was solely to raise the price level. Tt was unwise since Eaypt's interests. were best served jy|P¥_ Brodueigg as much cotton as possible at an economic price.

He declared that'sakellaridis from tke state domains was just as good Maarad cotton of "which only 16,000 bales could be produced in 1627. Ie was better for yarn but not so good as sakellaridis for tw purposes. Egypt could and must get back to the original quality of fse¥ellaridis and must. discontinue e|muing plton with the seed Disquieting Feature in the China a Business London, Jan. 28. references to the cotton trade made. by Mr, Dewhurst, presiding Jat Messrs.

Williams & "Dencons Bank meeting at Manchester to-leav, he expressed the opinion that Cotton Yarn Association deserved tial by the trade. The outlook for the trade in India was distinctly lorighter than for some time. Con siderable business "has been placed during. the past few months and, with the present range of values ruling in Britain, an improving demand might be anticipated. Tt was surprising in present. circumstances find China's consumption of cotton. piece-goods remaining. 80 constant, although a disquieting feature was the proportion of British and JJaponese imports, which had been fargely reversed in comparison with the pre-War peri British Cotton Yarn Association Jan, 29, The organizing committee of the recently formed Cotton Yarn As sociation has issued a statement the effect that owners of over 17, 200,000 spindles have now joined the Association, which now only requires the forther support of owners of 1,800,000 to enable it to start! functioning-—Reuter,

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

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