COTTON PRICES AND MARKETS 
67 
Differences for Grade and color in new Orleans 
September 1,1923 - January I, i924- 
3 
^.Middling Fair 
1 III 
I 
/ 
1/ 
^Strict Good biiddlinq 1 
1 
1 
- 
L 
! ' i 
^Good Middling 
J~r 
1 | 
! 
f 
1 
1 
r~ 
U 
^ Strict Middling 
1 
1 
~r 
jS 
• Mid 
d/inc/ 
i 
^ JTellow Tinged Good Middlina 
n 
I 
^ Strict Low 
Middling 
1 
** 
Yellov 
/ Tinge 
1 
d Strict Middling 
\ 
\ 
i i 
Yellow Stained Good Middling 
\ 
u 
n 
\ 
\ 
I 
\ 
s 
„Low 
Middl 
ng 
\ 
/ 
\ 
1 
1 1 1 1 1 
''III 
MM 
i i i > i 
Mil 
*» 8 IS 22 29 6 
SEPT. 
OCT. 
15 22 29 
NOV. 
DEC. 
Fig. 14. — Changes in the differences for grade and color occur from time to time and are 
sometimes striking. The risks incidental to these changes in relative values are borne 
by the dealers in spot cotton. The differences are shown in points, or hundredths of 
a cent, above or below the price of Middling 
