With the end of the season (July 31) fast nearing, cotton experts last week were busy examining facts & figures, trying to discover the niche which the year 1930 would take between the high of 1920 (average weekly price at New Orleans of spot cotton per Ib.: 33.05¢) and the low of 1915 (average price per Ib.: 9.60¢). Cotton (spot) last week on the New Orleans exchange was lowest for the year, reaching 12.36¢, slightly more than half a cent lower than the week before.
¶ 1,000,000 bales of old cotton were taken over by...
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