. Yearbook of agriculture . the bonafide spot markets designated by the Secretary of Agriculture. Transportation. On the primary markets the miscellaneous assortments ofgrades and lengths of staple produced by the growers of cot-ton are purchased and forwarded to the interior markets,where they are assorted and assembled into lots, even run-ning as to grade and other character, and offered to the pur-chasing agencies of the mills. Before forwarding to themills, however, the cotton is compressed so as to conservefreight and mill storage space and to economize on freightcharges. APPROXIMATE DIVI
. Yearbook of agriculture . the bonafide spot markets designated by the Secretary of Agriculture. Transportation. On the primary markets the miscellaneous assortments ofgrades and lengths of staple produced by the growers of cot-ton are purchased and forwarded to the interior markets,where they are assorted and assembled into lots, even run-ning as to grade and other character, and offered to the pur-chasing agencies of the mills. Before forwarding to themills, however, the cotton is compressed so as to conservefreight and mill storage space and to economize on freightcharges. APPROXIMATE DIVISION OF THE LIVERPOOL VALUE OF A BALE OF COTTON ON JULY I. 1913. 1918, 1920. AND 1921. 1913 VALUE AT LIVERPOOL >64 2S 1916 VALUE AT LIVERPOOL • 20050 1920 VALUE AT LIVERPOOL JI99 25 1921 VALUE AT LIVERPOOL > ? OCEAN FREIGHT TO LIVERPOOL C~3 MARKETING COST CD FREIGHT TO MARKET PROPORTION FARMER RECEIVED Fig. 44.—The farmers share of the final markci value of a bale of cotton\-aried greatly from time to time through the late war period. The cost ofocean transportation large during the war but has .shrunken nearly tothe prewar share, whereas the rail transportation share has largely increasedsince the war. Where there are no facilities for compressing the cotton atpoint of origin railroads accept it and have it compressedin transit. The charge for compressing averages about 12cents per hundred weight. Additional charges are madefor patching. These charges are added to the freight chargesand collected by the railroad company. To secure throughshipping rates all cotton is shipped to concentration jDointswith reshipment privileges. When the cotton is to be re-shipped the owner surrenders his receipts and it is forwardedto destination on the rate quoted from jxjint of origin. The Cotton
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Keywords: ., bookcentury1800, bookdecade1890, booksubjectagriculture, bookyear
