"Washington, Nov. 4.
The United States Department of Agriculture expects the world cotton supply for the 1937/38 season to be 50,800,000 bales, of which American cotton will total 23,600,000 bales and foreign 27,200,000 bales.
Conditions in late October, officials of the Department say, indicate that the American consumption this season will be probably less than the record consumption of last season.
Foreign consumption of American cotton, however, will likely be higher due to its more favourable prime relationship to other growths.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.