Drop in cotton production eyed at 300000 bales
Cotton Incorporated in its July Cotton Summary lowers the U S crop forecast to 14 million bales a reduction of 300000 from last month due to slow start in the Mid South and Texas. Forecasters note world output may reach 64.5 million bales in 1979 80 with rains and regional conditions shaping the outlook.
MENTIONED IN THIS ARTICLE
Cotton Incorporated
U.S
Lawrence Shaw
Mid- South
Texas
Shaw
American Cotton Producers
Inflation Meter Showcases 1923 Germany Prices
The Conference Board magazine notes German inflation in 1923 with a hotel room at 375000 marks per day and a streetcar ride at 5000 marks early summer, then escalating to 18 million marks for the room and 60000 marks for the ride three weeks later. Store prices climbed daily via a rising index.
MENTIONED IN THIS ARTICLE
U.S
Germany
Conference Board
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