Statistics New York, June 2.
According to statistics compiled by the New York Cotton Exchange for the week ended June 2, supplies of cotton brought into sight thus far for the season reached 8,983,000 bales, showing an increase of 100,000 bales compared with the previous week and a decrease of 4,259,000 bales compared with the corresponding period last year.
Forwardings to United States mills ior the season totalled 5,616,000 bales, showing increases over last week and the corresponding period in 1938, of 103,000 bales and 499,000 bales, respectively.
Exports from United States ports since August 1 were listed at 3,314,- 000 bales, compared with 3,977,000 bales last week and 5,886,000 bales the same week in 1938. The current week's figures included 859,000 balas to Japan; 447,000 bales to Great Britain; 489,000 beles to Germany; 75,600 bales to China Proper; 17,300 bales to French Indo-China; and, 1,200 bales to Manchoukuo and Dairen.
The stock of cotton in the ports and interior towns of the United States was estimated at 4,622,000 bales against 4,678,000 bales Jaat week and 4,772,000 bales the same time last year, The world's visible supply was placed at 7,703,000 bales, including 5,258,000- bales of American cotton. The supply last week was 7,718,000 s bales, including 5,344,000 bales of American cotton and that of the corresponding period last year was s 8,431,000 bales, of which American cotton totalled 6,259,000 bales.
American cotton forwarded te mills of the world since August 1st. (excluding Unters) touched the level of 9,333,000 bales, representing an advance of 159,000 bales over the preceding week and a decrease of 531,000 bales compared with the same week in 1938—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.