Business: Cotton

Cotton growers, tossed about by the wild selling market of a fortnight ago (TIME, Oct. 25), regained their equilibrium during the last week, although many still remained, figuratively, on all fours.

The Crop. The Government last week forecast a crop of 17,454,000 bales. The previous record year was 1914 with 16,134,000 bales. Last year there were 16,104,000.

Prices wobbled very.little during the week. They averaged slightly under 12½c a pound. The highest price which cotton ever brought was 38c a pound, at New Orleans in 1920. The present rate is slightly more than...

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