DISADVANTAGES OF SELLING COTTON IN THE SEED. 
15 
It will be noticed that, of the 14 comparisons, 1 shows a gain of 
$3.55 per bale by selling the cotton nnginned and 13 show a loss 
ranging from $4.45 to $17.70. The 205 samples of seed cotton show 
an average loss of 1.52 cents per pound of lint or $7.59 per bale. 
A comparison between primary prices of individual bales and 
equivalent lint prices of individual loads in the same market during 
the same week showed that wide price variations occurred. One 
bale of Middling sold for 13.25 cents against one load yielding the 
same grade at an equivalent lint price of 9.98 cents. One bale of 
Low Middling sold for 12 cents, while one load of the same grade' 
brought an equivalent of 7.56 cents. A Low Middling bale sold for 
12.30 cents in contrast with a Strict Low Middling load at 8.18 
cents. Three bales of Strict Low Middling sold at an average of 
12.25 cents, while three loads of the same grade brought an average 
equivalent of 9.93 cents. 
PRICES FOE EACH GRADE DURING SEASON THROUGHOUT STATE. 
Table X is presented in order to compare for the entire season 
the average prices received for the several grades of cotton when 
sold in the bale with the average prices received when sold in the 
seed. Only the white grades have been included in this comparison. 
The custom in the Oklahoma primary markets of classing no cotton 
above Good Middling has been followed and all Good Middling and 
better samples have been grouped together as Good Middling. 
Table X. — Comparison by grades, between prices secured for cotton when sold nnginned 
and when sold in the bale, during the entire season in the markets represented. 
Cotton sold in bales. 
Cotton sold in seed. 
Estimated loss by- 
selling unginned. 
Grade. 
Number 
of bales 
sampled. 
Price per 
pound. 
Number 
of loads 
sampled. 
Price of 
seed 
cotton. 
Equiva- 
lent lint 
price. 
Per 
pound. 
Per 
bale. 
G. 
152 
364 
504 
665 
661 
314 
342 
Cents. 
9.47 
10.39 
11.25 
11.99 
12.63 
13.01 
13.04 
46 
72 
108 
141 
HI 
57 
51 
83.04 
3.48 
3.84 
3.96 
4.01 
4.04 
4.03 
S8.56 
9.74 
10.90 
11.27 
11.25 
11.53 
11.52 
Cents. 
0.91 
.65 
.35 
.72 
1.38 
1.48 
1.52 
34.55 
S. G. 
3.25 
L.M 
1.75 
S.L.M 
M 
3.60 
6.90 
S.H 
7.40 
G. M 
7.60 
It will be observed that the prices of cotton sold both before and 
after ginning increased in a general way as the grade improved. 
This was due in a large measure to the fact that most of the high grade 
bales were sold while the prices were relatively high and most of the 
low grade bales were sold while the prices were relatively low. How- 
ever, as the proportion of the different grades of cotton sold in the 
seed should vary throughout the season, as they do in cotton sold in 
the bale, the figures are oomparable for the entire season. 
