COTTON PRICES.
SMALLER CROPS. BETTER RETURNS, [By Electric Cable—Copyright.] [Aust. and N.Z. Cable Association.] (Received Thursday, 7.45 p.m.) NEW YORK, Oct. 18. At Columbia (South Carolina), the American Cotton Association Convention adopted resolutions favouring 36 cents a pound as a reasonable price for the year's crop. The president, Mr J. S. Wannamaker, sounded the keynote, urging the growers to reduce / their cotton acreage, in view of the weevil and adverse conditions. Mr Wannamaker said the farmers in the South were learning a lesson that large crops, with an unwieldy surplus, would mean low prices below the cost of production, whereas limited production assured greater profits.
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Bibliographic details
Manawatu Times, Volume XLVII, Issue 2777, 19 October 1923, Page 5
Word Count
105COTTON PRICES. Manawatu Times, Volume XLVII, Issue 2777, 19 October 1923, Page 5
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