Excerpt from The Cotton Situation, Vol. 16: February 25, 1938 During the first 6 months of the current (1937 - 38) season, bales of raw cotton was consumed in the United States. This is at an annual rate of bales, or 22 percent less than the bales consumed last season. Furthermore, in December and January the annual rate of domestic consumption was much less than the average for the first half of the season. Although domestic mill activity apparently increased somewhat during the first 3 weeks of February, a further advance is necessary if domestic consumption for the year ended July 31, 1958, is to exceed 6 million bales. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.