HANDLING AND MARKETING OF ARIZONA-EGYPTIAN COTTON. 13 
Sale No. 3, of 200 bales, was made on September 15, 1914, after the 
market had declined materially. At the time of the sale, the prices 
seemed very low to the grower, but later they were compelled to sell 
at a price 1 cent per pound below these sales. 
On September 19, 1914, consignment No. 2 was arranged with 
eastern brokers who took on consignment 1,000 bales of the Arizona- 
Egyptian cotton from the association, advancing a trifle less on each 
grade than in consignment No. 1. This consignment was sold a few 
days later on sale No. 5 at approximately 4 cents less for each grade, 
usual terms, than was obtained in sale 1. 
On December 30, 1914, consignment No. 4 of 100 bales was made and 
shipped to brokers, who advanced 13 cents f. o. b. Mesa and Tempe 
on same. Later in the season it became evident that the association 
would not be able to fill sale No. 5 on account of the heavy rains of 
December, which lowered the grades to such an extent that there 
were very few bales of Choice and higher being ginned. As a com- 
promise, the agents made an arrangement with the mill to which they 
sold the 1,000 bales of sale No. 5 to accept against that sale the 100 
bales of Medium at the price of 15 cents f . o. b. Eastern points. 
By these sales, the problem of marketing the crop during the 
season was solved. 
The first Tempe cotton was classed October 5 and showed a very 
fair grade and a portion of it very good staple, although 3 bales, 
Nos. 4,5, and 6, classed Fancy Valley, the highest grade and shortest 
staple. Later it was learned that these 3 bales were from volunteer 
or ratoon cotton, commonly called stump cotton, grown at Scotts- 
dale. It was quite evident throughout the season that all cotton 
volunteered or grown from the stump was shorter in staple, weaker, 
and less silky than cotton grown from seed in the same field. 1 
During the season of 1914 the rainfall was unusually heavy. 
Although the grades had been running lower than usual, it was not 
until October 14 that the first Standard grades appeared. Up to this 
date the low grades were not entirely due to the rains, but to care- 
less picking and to the fact that damp cotton was ginned. The 
percentage of low grades in 1914 was much greater than in 1913. 
(See Tables I, II, III, and IV.) 
When it seemed that shipping was quite safe from Egypt to 
England, and from England to the United States, the great pressure 
of the Egyptian crop was thrown on the market and there was a de- 
cline of several cents per pound in the price of Egyptian cotton. The 
third sale of 200 bales of Arizona-Egyptian was made at this time. 
Although the cotton market was demoralized and prices were very 
low, there was a market for the long-staple variety. On October 23, 
1 See Scofleld, C S., Kearney, T. H., Brand, C. J., Cook, O. F., and Swingle, W. T., Community 
production of Egytian cotton in Arizona. U. S. Department of Agriculture Bulletin 332. 
