DISADVANTAGES OP SELLING COTTON IN THE SEED. 



9 



or $8.20 per bale. According to New Orleans spot quotations on 

 that day, the Strict Low Middling bale was worth 2.44 cents per 

 pound more than the other bale, but brought 1.64 cents less, making 

 a total discrepancy of 4.08 cents per pound, or $20.40 per bale. 



Since only 10 loads were sampled in each of these collections, it 

 is unMkely that the widest ranges of grades, outturns, or eciuivalent 

 lint prices which actually occuiTed are disclosed by the tables pre- 

 sented. Gross injustices can be expected in any market at any time 

 when the same price is paid for practically all ungioned cotton regard- 

 less of its quahty and its percentages of seed, lint, and trash. The 

 custom of averaging seed-cotton prices results in undue hardships on 

 farm.ers who market carefully handled cotton from varieties produc- 

 ing superior hnt and in many cases results in a direct premium to 

 farmers who sell inferior seed cotton. 



VARIATIONS IN PRICES OF IDENTICAL GRADE OF LINT COTTON WHEN 



SOLD UNGINNED. 



The custom of selling seed cotton resulted in wide variations 

 between the prices received for the same quality of lint cotton in 

 the same market during the same week, and Table VI has been 

 prepared to show" these differences. Such loads as produced below 

 Good Ordinary, sandy, or dusty cotton have been excluded, but the 

 comparisons include all grades and all of the localities from which 

 seed-cotton samples were obtained. Only such variations as exceeded 

 $10 per 500-pound bale have been given. 



Table VI. — Difference in prices paid for lint of a given grade when sold in the seed in 

 the same market during the same week. 



Market. 



Grade. 







Equivalent lint price per 



Week 

 ending — 



Number 



of 



loads. 





pound. 





mghest. 



Lowest. 



Differ- 

 ence. 







Cents. 



Cents. 



Cents. 



Nov. 22 



2 



9.65 



4.44 



5.21 



Nov. 1 



5 



11.53 



8.71 



2.82 



Dec. 27 



3 



9.32 



4.98 



4.34 



Dec. 20 



2 



7.41 



5.18 



2.23 



Jan. 17 



3 



7.71 



. 5.19 



2.52 



Nov. 22 



4 



11.49 



7.76 



3.73 



Nov. 1 



2 



. ' 10. 70 



8.56 



2.14 



Dec. 6 



2 



8.93 



4.44 



4.49 



Dec. 27 



3 



11.28 



7.91 



3.37 



Oct. 25 



5 



13.23 



10.15 



3.08 



Dec. 6 



2 



11.72 



9.28 



2.44 



Nov. 15 



4 



14.47 



12.22 



2.25 



Oct. 25 



4 



11.05 



8.89 



2.16 



Oct. 11 



3 



11.27 



8.18 



3.09 



Dec. 13 



3 



10.08 



8.05 



2.03 



Oct. 11 



3 



13.55 



11.31 



2.24 



Nov. i5 



3 



10.95 



8.79 



2.16 



Oct. 11 



7 



15.56 



10.61 



4.95 



Oct. 18 



5 



11.07 



9.01 



2.06 



Sept. 13 



9 



14.18 



10.82 



3.36 



Oct. 4 



2 



12.76 



10.69 



2.07 



Oct. 25 



2 



12.68 



10.34 



2.34 



Sept. 13 



1 



12.75 



10.57 



2.18 



Sept. 20 



6 



12.72 



8.65 



4.07 



Oct. 18 



2 



11.59 



9.49 



2.10 



Estimated 



difference 



in price 



between 



bales. 



Kingfisher. 

 Sliawnee... 

 Tahlequah 

 Weleetka. . 



Do.... 

 Anadarko . 

 Kingfisher. 

 Shawnee . . 

 Crowder. . . 

 Crescent. . . 

 Crowder... 



HaskeU 



Kingfisher. 

 Shawnee. . 

 Crowder. . . 

 Kingfisher, 

 Weleetka . . 

 Kingfisher, 



Do.... 

 Shawnee.., 



Do... 



Do.... 



Do.... 

 . Do.... 

 Kingfisher. 



G. O 



G. O 



G.O 



G. O 



G.O 



L.M 



L.M 



L.M 



L. M. spotted. 



S.L.M 



S.L.M 



S.L.M 



S.L.M 



S.L.M 



S. L. M. spotted 



M 



M 



S.M 



S.M 



S.M-.- 



S.M ---- 



S.M 



G.M 



G.M 



S. G. M 



S26. 05 

 14.10 

 2L70 

 11.15 

 12.60 

 18.65 

 10.70 

 22.45 

 16.85 

 15.40 

 12.20 

 11.25 

 10.80 

 15.45 

 10.15 

 11.20 

 10.80 

 24.75 

 10.30 

 16.80 

 10.35 

 11.70 

 10. 90 

 20.35 

 10.50 



41644°— Bull. 375— 16- 



