COTTON PRICES AND MARKETS 
15 
with the figures for July 31, 1921. The items included are stocks 
(1) in American mills, (2) in public storage in the United States, 
(3) elsewhere in the United States, (4) in the British mills, (5) in 
British ports, (6) at sea to Great Britain, (7) in continental mills, 
(8) in continental ports, (9) at sea to continent, (10) in and to Japan, 
Canada, and other countries. The figures are given in bales of 478 
pounds net. They do not include linters. 
Table 12. — Comparison of reports of world carryover of raw cotton, excluding 
linters, American and all kinds on August 1, 1918-1923 
American 
All kinds 
Year ended August 1 
New Orleans 
Cotton 
Exchange 
New York 
Commercial 
and 
Financial 
Chronicle 
Bureau of 
the Census 
Bureau of 
the Census 
1918 
Sunning 
bales 
4, 018, 000 
6, 094, 000 
5, 216, 000 
8, 699, 000 
4, 547, 000 
Bales of 478 
pounds net 
3, 495, 188 
6, 168, 802 
6, 052, 391 
9, 335, 620 
5, 462, 553 
3, 489, 521 
Bales of 478 
pounds net 
0) 
C 1 ) 
0) 
9, 351, 000 
5, 129, 000 
3, 297, 000 
Bales of 478 
pounds net 
0) 
1919 
C 1 ) 
1920.„ ... . 
( x ) 
1921... 
14, 352, 000 
1922 
9, 323, 000 
1923 .. 
2, 396, 000 
6, 573, 000 
1 Not available. 
WORLD CARRYOVER OF GIN-BALE COTTON 
No estimates are made of world carryover of all gin-bale cotton, 
but the Bureau of the Census issues a figure made up of the same 
items as the census world stocks of American cotton except that other 
cottons are included and stocks at Bombay and Alexandria are 
added. Figures are given in bales of 478 pounds net. The first 
date for which figures are available is July 31, 1921. Figures for 
all the countries other than the United States are given in terms of 
stocks of commercial cotton at the designated places. 
THE COTTON MOVEMENT 
The sum of visible and invisible supplies at the end of the year is 
a carryover figure, but it is based on the commercial crop, and is not 
comparable with the gin-bale carryover for the United States. 
The visible supply of cotton as of August 1 is the carryover of 
the commercial crop less mill stocks. Weekly figures are published 
by the Commercial and Financial Chronicle, the exchanges, and 
others. The items included in the Chronicle figures are the stocks 
in the European port markets, Alexandria, Bombay, United States 
ports and 41 interior towns, and cotton afloat to Europe from what- 
ever source. The cotton exchanges, with minor variations, have the 
same items as the Chronicle. The dates from which figures are 
reckoned do not always correspond. 
The " into sight movement of American cotton " includes port re- 
ceipts, overland to mills, increase or decrease of interior-town stocks. 
and southern mill takings. These figures are issued each week by 
certain journals, and by the cotton exchanges of New York, New 
