PRIMARY MARKET PRICES AND QUALITIES OF COTTON. 7 3 
TABLE 2.— Variations in the price of middling cotton tn the same market, the same day, in 
different States in the cotton beli—Continued. 
Length | Price per} Length | Price per 
Market. Date of sale. | orstaple.| pound. | of staple.| pound. Sane pee per 
Oklahoma : Cents. Inches. Cents. 
AGUS i Pes naceeeees ce: Nov. 1,1913 1 12. 50 1 11. 00 150 $7. 50 
RP UOK AS ch Some ee Pee | Oct. 30) 1913 1 13. 00 17s 11. 00 200 10. 00 
DOR ays. oes. oo Nov. 13,1913 1 13. 00 ys 11. 25 175 8.75 
Boswell. sso osar se Cct. 16,1913 1 12. 25 MI 10. 00 225 11. 25 
Durante. sec Se eaks Oct. 21,1918 ly 13.00 1 10.05 295 14. 95 
YE Sa ee Sept. 30, 1913 lys 13. 85 1} 11.30 255 12.75 
rick sss osk ease. ct. 24,1913 1 13.38 11.00 238 11.90 
OSGhestesessesese Nov. 7,1913 1 12.75 LS 10. 50 225 11. 25 
Texas: 
JOWebltssae hoc s ees cas gee SOS © Gone i 12. 50 1 10. 90 250 12. 50 
WOR sere eet Dec. 6, 1913 1 11.00 i 9. 00 200 10. 00 
Do apateyne sate aerne 5 2 Dee. 12) 1913 1 11.06 i3 9.00 200 10. 00 
Wongview: 5 =e620 ce | Nov. 30; 1913 1 14. 50 i 12.10 240 12. 00 
TD {oes A caer ANS a Noy. 8, 1913 1 12. 62 1 9.50 312 15. 60 
Sweetwater............ Nov. 20, 1913 1 11. 50 i 10. 55 95 4.75 
MAW OLE Get ato = 52 oe oe Oct. 30,1913 1 13. 55 i 12.35 120 6.00 
EVV EL COR ES eis pitas Oct. 23,1913 1 13. 50 1 12. 00 150 7. 50 
TOY Bolte tees od ele | Jan. 9,1914 1 8.50 1 7.25 125 6.25 
Wide variations are shown in each State. In Raleigh, N. C., on 
November 11, one bale sold for 13.38 and another for 12.38, a differ- 
ence of $5 per bale; Washington, Ga., shows a difference on Decem- 
ber 4 of $5; Starkville, Miss., on November 28, $13.25; Dublin, Ga., 
on December 19, $12.50; Jewett, Tex., November 7, $12.50; Hunts- 
ville, Ala., December 4, $5; Chapin, S. C., February 10, $5; and 
Oklahoma points range from $5 to $14.95. 
Care has been used to avoid including bales which were handled 
as part of round-lot sales. The wide ranges in prices would seem to 
indicate that in many instances the prices on a great many bales 
must have been seriously depressed for some reason which a careful 
examination of the available data failed to disclose. 
When such variations in prices are shown by this investigation 
involving two or more bales of Middling grade in any market it is 
apparent that gross injustices may occur in many individual cases 
and in the aggregate assume enormous proportions. These varia- 
tions show a condition that is unfair to the producer, for it is the 
farmer, ignorant of the value of his crop and knowing least about 
marketing his product, who as a rule is called uvon to submit to 
such practices. 
‘“ROUND-LOT”’ SALES. 
During the progress of this investigation information was secured 
on a large number of ‘‘round-lot’’ sales. ‘These sales have been 
studied and comparisons have been made between ‘‘round-lot”’ 
sales and single-bale sales on the same day. 
Practically every ‘‘round lot’? came from the eastern belt, the 
west showing only a few, which were too small to be considered. 
These facts are rather typical of the two sections, as the west usually 
