FOREIGN CROPS AND MARKETS, VOL. 26

February 27, 1933Reviewing the continental European cotton situation in January Agri cultural Attache L. V. Steere of Berlin reports a fairly good maintenance of the improvement apparent in earlier recent months. Western Europe and Italy continued to report active new business and mill activity, but there have been some signs of recession in central Europe. The latter develop ment is attributed to the failure of an anticipated increased consumer demand to materialize. Spinner and weaver margins generally remained small, in all countries, however, and export activity was disappointing. Absence of stocks of goods has allowed mill activity to respond fairly closely to the varia tions in new sales. Spinner buying of raw cotton was generally quiet in January, though fairly well supported by the stable tendency in raw cotton prices. Consumption by spinners, however, continued well above last year s levels, although the current movement late in January suggested some decline in takings during the following weaks.Total takings of American cotton during the first 5 months of the current season (august - December) were about bales larger than dur ing the same period last year, Mr. Steere states. Ninety per cent of the yearly production of the German cotton weaving establishments now remain within the country and only ten per cent is exported, according to the re cently issued annual report of the German weaving industry. This indicates the further increase in the dependence of the industry on the home market as a result of the increasing difficulties encountered in foreign trade, the report concludes.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis 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 i