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28 BULLETIN 1392, U. 8. DEPARTMENT OF AGRICULTURE 
Orderly marketing in practice must result in the supply more 
frequently meeting the demand in both time and quantity. Al- 
though the mills use cotton over a period of 12 months, there is con- 
siderable variation in the quantity used in different months and in 
different years. Mill takings vary with changing conditions. There 
is no regularity, therefore, as regards the quantity of cotton required 
or the time it is required. Because demand is not orderly, in the 
sense that fixed quantities of cotton are required at definite intervals, 
a program of orderly marketing that contemplates sales of cotton 
in equal and fixed quantities each month would not be orderly. The 
associations recognize this fact and instead of selling arbitrarily 
fixed quantities by months, as the general public seems to think, they 
study supply and demand conditions and endeavor to keep the 
demand satisfied. In practice, they try to sell cotton at such times 
and in such quantities, as in their opinion, is to the best interests of 
their members, keeping in mind such a distribution of sales as will 
enable them to obtain approximately the season’s average price. 
As an example of the actual practice in distributing sales, Table 
3 shows the semimonthly sales of the Texas association for the 
1922-23 and 1923-24 seasons. Sales of the 1922 crop were made in 
12 months of a 13-month period, and instead of being equal in size 
they ranged from 24 bales in August, 1922, to 19,135 bales in March. 
Sales of the 1923 crop were spread over 14 months and ranged from 
2,365 bales in February to 52,368 bales in November. In a period 
of three years, 1921 to 1923, inclusive, a total of all sales by months 
in the Staple Cotton Cooperative Association shows a range from 
18,319 bales in July to 46.448 bales in October. 
TABLE 3.—Sales by semimonthly periods, 1922-23 and 1923-24, Texas Farm 
Bureau Cotton Association 
1922-23 1923-24 
Per Per 
Date Bales pnt Date Bales cont 
1922 1923 
ate patel ty Erik ey Pt eer ali 24 O30 |\Tualy Sik ee 23-20 SA ee reese 1, 500 0.8 
Sor ree ee SPE ae es TY 86 sl | ANOS Lb AR ais se eae el open 2, 800 1.5 
S{e] 0185 C10 i an ee eR ee Rs 903 1) 2) | Aig. SAS Te pe SE ee eee 2, 800 15 
GY Chr Hae 8 CSP Seb RIB Boek Om 5 1, 601 2) A Serer ln ee, 202 eee oe A isi = 8) 8, 232 4.5 
sterile tre eee cr ae tee 1, 758 | 2; SNe pon SUMS Pees eee ee ee 1, 802 1.0 
Now? dbsii iret, iieleiei bea 2, 360 8. Or |MOet Iba te = t. srtobrerie dee 2, 436 1.3 
INOW OD ss eb ea eh ee eS Sn 4, 224 6. 4 |HOCi Be lee tae leet ee a eee 10, 250 5.6 
Weep ALE Che Tit see tape he 4, 330 Bs GUGINOM ALD II Fee eee 22, 564 12. 4 
Sew als © se. 4 2s aes PS 2, 675 SA PINO Vs SOS: ok Oe poe ae ,8 16. 4 
Piece HAE Ss Re eR A , 3. 1 
1923 (tDeG.iBle bo ste ee Se et eb 4 
A v0 iy see a Sea er FS ee ee 7, 298 9. 4 
Jame saree Lea ALS: BEOeerces 3, 801 4.9 1924 
eps bbl: Sb ee te SS eee 523 offal ai es) ee ees 5S 2 eee 2, 929 1.6 
MODS ac coe ee ee eee 4, 881 Bosal ame al 2c 322 oe eee eee 948 ~5 
Mar bist gee, alee Peed 14, 077 1S dy | WOD wi biaL ate oa Ree Aico ee 415 BY: 
DVS ee cde Lil ee Se kere Oe oe 5, 058 6: 5, Rep 20 besser eo oe ee eee 1, 950 dea 
Ars Lot. Je sy ee AEE Pi eek re PEC EE IWlart Weer eerie. oe) cere ss PED 3, 749 pial 
JNh Cyc 0S (1) ae ae ele BES Be Ta SR 1, 455 BR Ae as ee ee. eee 17, 203 9.4 
Wray 15 25 Fie AULD AA ae 1, 815 23h Apr 16s eet) Sette Eee 23, 212 12-7 
ING IBO 8 2 te: 5 RE Se Eee 6, 138 T/OU| GAY saOk aioe ee eee en Sa eae 3, 810 241, 
TINO. AG oS oka a el eee 11, 976 15,4. Wie Lies oe ee See eee 5, 400 3.0 
JuMesOs eo elses.” Sa ae 2, 20 2. Bil MiayiSlietie tee 2 Fok ee hee 2, 100 ny 
7 UT 5 ee Bee one we Se ATW EP 515 ay Fae | v0 8 Ue a ee Re ere 8, 558 4.7 
June sols. the Fo ete Eee 416 iB 
Aires ees eS 13, 395 7.4 
Soptro0 ke 2. Soke er cere te 9, 745 5.3 
Total: rxi2) on ee: ee ae 77,706 | 100.0 PP Ntels 2 ee ee ae 182, 318 100. 0 
