Word: cottons
(lookup in dictionary)
(lookup stats)
Dates: during 1930-1939
Sort By: most recent first
(reverse)
...Nations in the struggle to balance the budget (TIME, Aug. 23). With coffee about 80% of her exports, agricultural El Salvador depends for its revenues on a favorable foreign trade balance. Chief coffee customer is Germany. While crying for cash, El Salvador has instead been stuffed with German hardware, cotton textiles through the bludgeoning barter methods of Reichs-banker Schacht. No gold has been coming in to pay off the $18,000,000 external debt hanging over her head. To El Salvador, whose yearly revenue is $7,000,000, this looks mountainous...
...theory bumper crops sold at fair prices provide the huge farming class with such extensive buying power that all commerce benefits. How bumper are crops was last week summarized by revised estimates of the Department of Agriculture, indicating that total value for three major crops of corn, wheat and cotton will be $4,500,000,000, largest since 1930. Total farm income from the sale of all crops plus payments by the Agricultural Adjustment Administration will total up to nearly $9,000,000,000. largest since 1929's $10,479,000,000, and more than a billion greater than...
...Cotton. Since the bulk of U. S. cotton must be marketed abroad, this year's crop of 16,098,000 bales, fifth largest in history and biggest since 1931. may be difficult to sell in markets glutted by a record world production of 35,600,000 bales. As a result, cotton prices fell to the lowest in four years-87? a lb. Nonetheless, with a subsidy of 3? a lb. on 65% of the ''base'' production of 16,000,000 bales the farm value of the new crop will be some...
World consumption of cotton for the twelve months ending in July was 30,700,000 bales, up 4,500,000 from the previous twelvemonth. A similar increase in world consumption this year would gobble most of the bumper crop. War is the chief threat, as was shown last week when Japan, best U. S. cotton customer, stopped buying it in order to conserve her gold. Brokers were quick to remember that cotton prices broke at the onset of the World War, then rose to a thumping 30? a lb. Hopes for increase in domestic consumption were dim last week. Anticipating...
...discuss and approve the proposed national AAA program for 1938. Major changes are two: 1) benefit payments to be lumped, instead of coming in two categories for "soil-building practices'' and diverting soil-depleting crops; 2) reduction in the base acreages lor the major soil-depleting crops. Cotton, for example, would be reduced from 34 million to 29-31 million acres. Other base acreages suggested: potatoes, 3,100,000 to 3,300,000 acres; rice 825,000 to 875,000 acres; tobacco, 1,400,000 acres; corn, 92,000,000 to 96,000,000 acres. Wheat...