Business & Finance: Cotton

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...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!