To Investigate the Causes of the Decline of Cotton Prices: Hearings, Seventy-fourth Congress, Second Session, Pursuant to S. Res. 103, 125, 172, and 182 |
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Page 32
... issued a statement settling doubts regarding tax - free cotton , making it clear that allotments to small producers would call for proportionate subtraction of tax - free allotments from larger producers . The statement further ...
... issued a statement settling doubts regarding tax - free cotton , making it clear that allotments to small producers would call for proportionate subtraction of tax - free allotments from larger producers . The statement further ...
Page 72
... issued by a commit- tee of which I was a member . I think they are quoting from a previous report , are they not ? Mr. WYLLIE . I think you are correct . I , will look for just a mo- ment , Mr. Clayton . I cannot at this time locate ...
... issued by a commit- tee of which I was a member . I think they are quoting from a previous report , are they not ? Mr. WYLLIE . I think you are correct . I , will look for just a mo- ment , Mr. Clayton . I cannot at this time locate ...
Page 124
... issued 11,898 notices for 1,189,800 bales of cotton , representing a little less than 49 percent of all notices . issued during that period . Does that correspond with your records ? Mr. CLAYTON . I haven't the totals here , Mr. 124 ...
... issued 11,898 notices for 1,189,800 bales of cotton , representing a little less than 49 percent of all notices . issued during that period . Does that correspond with your records ? Mr. CLAYTON . I haven't the totals here , Mr. 124 ...
Page 125
... Issued or stopped ? Mr. WYLLIE . Of the notices stopped . The total notices issued and stopped during that period amounted to 2,438,000 bales . I would like for you to have these figures checked , Mr. Clayton . Mr. CLAYTON . I will be ...
... Issued or stopped ? Mr. WYLLIE . Of the notices stopped . The total notices issued and stopped during that period amounted to 2,438,000 bales . I would like for you to have these figures checked , Mr. Clayton . Mr. CLAYTON . I will be ...
Page 126
... issued for the account of Anderson , Clayton & Co. were carried . In every instance we obtained the name of the principal from the carrying broker . Mr. CLAYTON . I am not saying that your figures are wrong and mine are right . I am ...
... issued for the account of Anderson , Clayton & Co. were carried . In every instance we obtained the name of the principal from the carrying broker . Mr. CLAYTON . I am not saying that your figures are wrong and mine are right . I am ...
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Common terms and phrases
12-cent loan American cotton amount of cotton Anderson average bales of cotton basis bought buyer carrying charges cents a pound certificated cotton certificated stock CHAIRMAN CLAYTON clearing house committee correct cotton business cotton market cotton merchant CREEK CREEKMORE crop December decline deliver delivery month delivery points difference Ellison D fact farmer Federal Farm Board figures firm fixed futures contracts futures exchanges futures market Galveston give Government grades Houston issued notices January July 31 liquidation Liverpool March 11 MCFADDEN Middling seven-eighths mill million bales notice day October operations Orleans percent period producer profit purchases qualities question record season sell seller Senator NORRIS Senator POPE short position sold southern delivery speculative spot cotton spot market spot price statement straddle tender thing thousand bales tion transactions transfer warehouse WEIL York contract York Cotton Exchange York market
Popular passages
Page 696 - By preventing inefficient and wasteful methods of distribution. 3. By encouraging the organization of producers into effective associations or corporations under their own control for greater unity of effort in marketing and by promoting the establishment and financing of a farm marketing system of producer-owned and producer-controlled cooperative associations and other agencies.
Page 3 - Congress, to employ such clerical and other assistants, to require by subpena or otherwise the attendance of such witnesses and the production of such books, papers, and documents, to administer such oaths, to take such testimony, and to make such expenditures, as it deems advisable. The cost of stenographic services to report such hearings shall not be in excess of 25 cents per hundred words. The expenses of the committee, which shall not exceed $5,000, shall be paid from the contingent fund of...
Page 2 - For the purposes of this resolution the committee, or any duly authorized subcommittee thereof, is authorized to hold such hearings, to sit and act at such times and places during the sessions, recesses, and adjourned periods of the...
Page 871 - Someone once said that there are three kinds of lies: "lies, damned lies, and statistics.
Page 524 - Of let him take who has the power, And let him keep who can, the Boers now proceeded to possess themselves of as much territory as they wanted.
Page 248 - futures " are divided into three classes: first, those who use them to hedge, ie, to insure themselves against loss by unfavorable changes in price at the time of actual delivery of what they have to sell or buy in their business; second, legitimate capitalists who, exercising their judgment as to the conditions, purchase or sell for future delivery with a view to profit based on the law of supply and demand; and, third, gamblers or irresponsible speculators who buy or sell as upon the turn of a...
Page 2 - The joint committee shall select a chairman and a vice chairman from among its members. (d) The joint committee, or any duly authorized subcommittee thereof, is authorized to hold such hearings, to sit and act at such places and times, to require, by subpena or otherwise, the attendance of such witnesses and the production of such books, papers, and documents, to administer such oaths, to take such testimony, to procure such printing and binding, and to make such expenditures as it deems advisable.
Page 3 - That when any duty is imposed upon a committee of the Senate involving expenses which are ordered to be paid out of the contingent fund of the Senate, upon vouchers to be approved by the chairman of the committee...
Page 844 - ... 2 o•clock pm) AFTER RECESS. (The committee reassembled at 2 o•clock pm, pursuant to the taking of recess.) The CHAIRMAN.
Page 248 - Hedging, for instance, as it is called, is a means by which collectors and exporters of grain or other products, and manufacturers who make contracts in advance for the sale of their goods, secure themselves against the fluctuations of the market by counter contracts for the purchase or sale, as the case may be, of an equal quantity of the product or of the material of manufacture.