COTTON PRICES AND MARKETS 5 
The quantity of cotton used in a country is not measured accu- 
rately by the number of its spindles, for different spindles spin dif- 
ferent counts 3 of yarn. Two mills with an equal number of 
spindles running the same number of hours would not require the 
same quantities of cotton if one were spinning 10s and the other 
100s, for the former would use almost ten times as much cotton 
as the latter. 
Table 5 shows the number of running bales of cotton used per 
1,000 spindles. 
Table 5. — Consumption of cotton, all kinds, actual bales per 1,000 spinning 
spindles, in specified countries, 1912-13 and 1920-23 
Country 
19121 
1913 1 
1920 2 
1921 2 
1922 2 
1923 2 
< Great Britain 
Bales 
77.27 
167. 61 
251.54 
138. 22 
224. 45 
Bales 
76.80 
157. 95 
269. 88 
136. 49 
171. 73 
Bales 
63.65 
92.70 
Bales 
35.97 
114.10 
Bales 
50.69 
126. 21 
567. 28 
110. 86 
175. 65 
104. 06 
200. 53 
151.28 
57.57 
184.96 
Bales 
48.92 
; Germany 
111.95 
Russia _ 
270.94 
France 
111.30 
170. 54 
61.03 
216. 67 
160. 08 
57.60 
64.52 
57.60 
181.79 
175. 15 
140. 02 
109. 48 
254.49 
170. 50 
318. 76 
660. 30 
179.11 
173. 93 
174. 89 
228. 00 
78.99 
176. 56 
72.62 
165.07 
133. 50 
53.90 
114. 56 
126. 00 
Italy 
195. 91 
i Czechoslovakia 3 
71.25 
Spain. . 
170.39 
168. 91 
70.67 
352.23 
180. 10 
186. 92 
208. 22 
165. 71 
150. 65 
300. 48 
146. 60 
363. 84 
662. 04 
175. 55 
148.29 
176. 85 
579. 88 
156.48 
179.35 
172.47 
70.45 
312.80 
170.52 
177. 17 
215.83 
163.64 
156. 54 
284.87 
154. 20 
357. 94 
690. 63 
183.57 
132. 70 
226. 99 
423.57 
156. 30 
194.06 
Belgium 
161. 94 
Switzerland. ■ ... _. 
48.77 
Poland 
189. 61 
Austria . ... 
Holland 
170.46 
110.68 
251. 70 
120. 77 
116. 92 
115.14 
331. 74 
537. 14 
133. 95 
136. 56 
168. 16 
378. 90 
116.17 
175. 52 
133.48 
156. 03 
142. 22 
188. 27 
111.92 
336. 72 
519. 27 
159. 82 
149. 68 
179. 88 
300. 78 
137. 38 
165. 56 
Sweden ... . 
148 08 
i Portugal... . . 
177.15 
Finland.. .. . 
133. 67 
Denmark ...... 
296. 00 
Norway .. . 
112.66 
India 
307.06 
Japan 
535. 00 
United States... . 
177.47 
Canada 
163 94 
Mexico 
177 47 
Brazil... 
328 61 
World, as reported. .. 
141.27 
Compiled from International Cotton Bulletin, official organ of the International Federation of Master 
Cotton Spinners' and Manufacturers' Associations, Manchester, 
i Year ended Aug. 31. 
2 Year ended July 31. 
3 Exclusive of Austria. Of the 4,941,320 spindles existing in Austria in 1914, 3,582,772 spindles were 
situated in Czechoslovakia. The number of cotton-weaving looms in Czechoslovakia is 116,600. 
NET CONSUMPTION OF COTTON AND COTTON GOODS 
Some of the leading cotton-manufacturing countries buy Amer- 
ican cotton, manufacture it, and sell the goods to other countries. 
The real measure of demand is not so much the conditions in the 
manufacturing country as the buying power and disposition of the 
people in the countries that ultimately consume the goods. 
8 The " count " of yarn is the number of 840-yard hanks to the pound. 
