COTTON MARKET CONDITIONS IN NORTH CAROLINA. 15 
Taste X.—Current freight rates on cotton, uncompressed, in cents ber 100 
pounds, July 19, 1916. 
To— 
From— 
Norfolk, | Wilming-| Greens- | Char- | Charles- 
Va. ton, N. C.|boro, N.C. jlotte,N.C.} con, S.C. 
Cenis Cents Cents Cents Cents 
CANTO GIT Preise Ns ces eam eB NS MUNG ae ee er heetalata isi! sietaie 0 37 4 
(CIOS Ae Ae es ere I Ee er as aes 44 34 749 esi Niel ike Site 44 
WIS TEO mA MS yea eae eee US hs yh emia oo ee ee 40 18 36 30 40 
CCUG a aN eR ea, NP a EE eS 39 31 34 39 40 
IMA Cube VANen ees 2 ae Ae eae eR ea pers ke, 40 24 26 30 32 
(AST OMe ers eeisraet eee eee eis aie Mietaniera tears 48 354 27 13 51 
GOldSWOnOR ere ee nee eee caaee 27 334 28 40 40 
AC IESO tyler tsa nha ee ae Une coe crc ccs 35 a75 38 38 40 
Kings Mourmtaimys. os. Ai Se nt AE eel soak 48 51 38 16 51 
THI HOR ES SHAS OAS Sete oats ERE eG ORR ee ee ees 25 25 30 392 45 
LAUREN US = eee wee Re eee gee le i 40 25 324 24 35 
NGO WISI UN Epa eet faite gs Se ee a eae ele binicioinere 39 - 40 294 OT limon woctemas 
INI ATS HA VAT ORR as ais Sisirse ee ape uli ei SN aE oo tN, 30 28 32 38 45 
INGwa Renee me 8 Bic sha Benes ys Voom ate eicomy ls riers 3 17 17 35 40 46 
MEV AOLOL ese etree rere ere a aOR ae: a RS Weare Us AR ae 42 229 39. 45 31.2 42 
TReeed Keyed athe AS iat ee ce Nee re Ie! Re A Ry ee te ea 39 32 28 46 
VEC US ETM OS NA kere San ENR URN gia Bt ee LA 40 26 29 27 31 
SAIS DUTY eee ae ay ere a cee a laid le OS ase A4 44 19 18 44 
SCOtlanGRINGC Kasay mee ae ce RP NERD | Cae eRe 25 264 34 39 45 
CETIT Ame ne one RI Lon he Bil OM Dadi Cem eS 39 26 26 36 40 
StaesvillGmerveeenp nets Ate mle kl Rae Eee Ree 44 44 23 : 18 51 
ANGIE Bay iCOV Sy oe Sar See RS Re er een AE ES ee 20 20 33 38 45 
NVIAGES DOR Ona ts eps eink (4 Re PGE UA he. 44 “ 99 33 19 31 
Washi at or eee eee Se ee ae Bee 17 19 37 40 45 
AWVATLSOM ere a een ia Cite ot mek nee Ee oko bay chen sce 27 254 30 37 40 
| 
« Applies per bale of 500 pounds or less; bales weighing over 500 pounds will be charged for in proportion. 
The freight rates from all the primary markets studied in this 
investigation to Norfolk, Va., and all other concentration points 
affecting these markets are given in Table X. Considering the 
fact that those points having the highest freight rates are nearer 
to markets other than Norfolk and in practically all cases ship to 
“them, there appears to be an advantage of about $1 per bale, after 
deducting brokerage and other charges in shipping to Norfolk. 
A comparison of all sales of cotton classed for producers, made 
in Norfolk during the seasons of 1914-15 and 1915-16, with the 
quotations of that market for the dates on which these sales were 
made, shows that actual sales made at that point were uniformly 
about 11 points higher than the quotations. However, the figures do 
not in every instance show that the basis price on sales was higher 
than the quotations, but that frequently the price was raised by the 
use of better differences than those quoted. 
Indiscriminate shipping to Norfolk is not recommended, as it 
probably would not be profitable unless the farmer knew the class 
of his cotton. Farmers who knew the class of their cotton and 
shipped to Norfolk were fortunate in the sale of their cotton. Since 
this city quotes what is supposed to be the daily prevailing price, 
the shippers were able to refuse offers which they knew were 
not in accordance with current quotations. As an example, one 
farmer who had class cards shipped 45 bales to a broker, with 
