Now York, Oct. 13.
The raw cotton market duri
Plats for the sation-louus and rental irregular in op! government past week, hag been quit and
payments to apply on next year fatten adjustment programme to gether "with large' crop Sigures; Fredge-selling before publication of the Bureau crop report together with liquidation checked ral Price which occurred on a favour-Bile view taken of the tet-cent per loan plan, the details of which fare expected shortly, Rental yoyments ranging from three to eleven dollars an acre wil be distributed to cotton producers who participate in. next year's programme for restricting the cotton Acreage to 25,000,000 acre These announcements apparently, encouraged farmers to hold their cotton for a price of ten cents per much tighter "spot" situation developed; consequently, hedge pressure tapered off and, little local support from commission houses, appear.
The Cotton Exchange Service esti mate World consumption of all kinds of cotton during the month of At st at 2,179,000 bales, against 1,819,000 bales in August last year. The figures for August this year are believed to constitute record fegmotion fox Sat tenth
Text read from the printed page and cleaned; old type leaves the occasional error.