Texas Almanac, 1941-1942 Page: 206
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206 TEXAS ALMANAC -1941-42
Basic Statistics on the Cotton Industry.
The following statistics, compiled by Dr. A. B. Cox of the Bureau of Business Research of
the University of Texas, present a picture of trends in the cotton-growing and manufacturing
industries during recent years
Commercial Prod'n U S Mill Con Foreign Mill Con. World Mill Con
(Thousand Bales*) Thousand blst)(Thousand balest)l (Thousand balest)
SYear-- cc 0 0 0 c o C C CC
1920-21 ................. 13,440 6,225 19,665 4,677 216 4,893 5,591 6,421 12,012110.268 6,637116,905
1921-22 ..................... 7,954 7,380 15,334 5,613 297 5,910 6,596 7 484 14,080 12,209 7,781119,990
1922-23 ..................... 9,762 8,197 17,959 6,322 344 6,6661 6,124 8,535 14,659 12,449 8,876121,325
1923-24 ..................... 10,14018,829 18,96915,353132815,681 5,564 8,737 14,301 10,917 9,065 19,982
1924-25 .................... 13,628 10,197 23,825 5,917 276 6,193 7,394 9,055 16,449 13,311 9,331 22,642
1925-26 ..................... 16.104 10,555 26,659 6,176 280 6,456 7,834 9,640 17,474 14,010 9,9201 23,930
1926-27 .................... 17,977 10,064 28,041 6,880 309 7,189 8,868 9,811 18,679 15,748 10,121125,869
1927-28 .................... 12,956 10,643 23,599 6,535129916,834 9,041 9,410 18,451,15,576 9,709125,285
1928-29 .................... :14,478 11,331 25.809 6,7781313'7,091 8,448110,243 18,691 15,226 10,556125,782
1929-30 .................... 14,.85 12.105 26,930 5,803 303 6,106 7,218 11,554 18,772 13,021 11,857124,878
1930-31 ..................... 13,932111,548 25.48015,0841179 5,263 5,972 11,167 17,139 11,056 11,346 22,402
1931-32 ..................... 17,096 9,700 26,796 4,744112214,866 7,784 10,246 18,030 12,528 10,368 22,896
1932-33 ................... 13,002 10,924 23.926 6,004 13316.13718,381 10,468 18,849 14,385 10,601 24,986
1933-34 .................... 13,047 13,460 26.50715,553 14715,70018,227 11,397 19,624113,780 11,544 25,324
1934-35 .................... 9.637 13.437 23.074'5,241 120 5,361 5,965 13,872!19,837'11,206 13,992 25,198
1935-36 .................... 10 638 16.370 27 008 6,220 13116,351 6,282 14,994121,276 12,502,15.125 27,627
1936-37 .................... 12 399 17,978 30,37717,768118217,95015,325 17,545 22,870 13,093 17,727130,820
1937-38 .................... 18.945 17,339 36.284 5,6161132 5,748 5,179 16,123 21,302 10,795 16,255 27,050
1938-39 .. . .......... 11.943115,932 27.87516,7361122 6,85814,513 16,377 20,890 11,249 16,499 27,748
1939-40 ....... ........... '11,812 15.548 27 360 7,656112817,78415,246115,315120,561 12,902 15,443 28,345
1940-41 12,686 17,330 30,016' I I I .. ..
Average Middling /s
Carry -Ox er as of Aug 1 Spot Prices of
(In Thousands of +Bales) US American Cotton
American Cotton All Cottons Acres New Orleans I Liv'p
Planted Grains Grains
Year- United Foreign I United Foreign (Thou- Cents of Gold of Gold
States Countriesl Total States Countries Total sands) per Lb per Lb per Lb.
1 U20-21.. .... 3.541 2.797 1 6,338 3.824 7.361 !11.185 35,872 16 65 ... ...
1921-22 .......... 6 724 2 950 9,674 6,896 7,373 114,269 29,716 17 91 .
1922-23 .......... 3 156 2,524 5 68) 3,322 7,172 10,494 32,176 25 91 .
1923-24 .......... .2 129 1,189 3,318 2.325 5.246 7.571 37,000 30 33 .
1924-25 .......... 1,439 1,272 2,711 1,556 5,058 6,614 40,690 24 21
1925-26 .......... 1.503 1,877 3,380 1.610 6 338 7,948 45,968 19 70 .... .
1926-27........... 3.413 2,088 5,501 3 542 6 931 10.473 45,839 14 83
1927-28 .......... 3 662 4,183 7,845 3.762 8.892 112,654 39,471 19 99 4 642 5 302
1928-29........... 2.425 2.781 5,206 2 536 7,999 110,535 43,737 18 98 4407 4 961
1929-30 .......... 2 131 2.386 4.517 2 313 8.228 110.541 44 448 16 18 3 757 4 296
1' 10-31........... 4.322 1,865 6.187 4,530 7,362 11,892 43,329 10 06 2 336 2680
1931-32............ 6 263 2,713 1 8,976 6,370 8,438 !14 808 39,110 6 20 14 40 1 750
1932-33............ 9 580 3 683 13.263 9 678 8.658 118.336 36,494 7 32 1 700 1 891
1933-34... 8 081 3,728 11,8)9 8.164 8,952 117.116 40,248 10 92 1 595 1 783
1934-35 .............. 7,6-18 3.053 10.701 7.744 9,796 117.54') 27.860 12 44 1 706 1 961
1935-36...........' 7,137 1,904 1 9,041 7 208 7.864 115.072 27,888 11 65 1 598 1 861
1936-37............ 5,336 1.662 :6.998 5 409 8.240 ''3 649 30 903 12 80 1 755 2 01r
1937-38........... 4.387 1 848 6 235 4 499 8814 13 313 34 471 8 76 1 201 1 417
1839-39.......... 11 446 2,266 13,712 11 533 11,106 22,639 25 18 8 73 1 197 1 402
1939-40.......... 12,955 1,182 14.137 13 033 8,536 21.569 24 683 10 03 1 376 1 787
1940-41 - 110.501 2.148 12649 10 506 9,726 20.322 25 077
*478-Pound not bales
tU S cotton in running bales, counting round bales as half bales; foreign cotton in 478-pound net
bales
(Acreage in cultivation in U S July 1
NOTE In the txo tables aboxe following sources of information hale been used
Commercial Production Cotton Production and Distribution, U S Department of Commerce
L S Mill Consumption Cotton Production and Distribution, U S. Department of Commerce; Inter-
national Federation of Cotton Statistics
Foreign Mill Consumption Col 1 s from Cotton Yearbook. New York Cotton Exchange, Col 2 is by
deduction from Cols 3 and 1,. Col 3 is from Cotton Production and Distribution, U S Department of
Commerce Figures for 1939-40 are from A H Garside, New York Cotton Exchange
World Mill Consumption Cols 1 and 3, are from Cotton Production and Distribution, U S Depart-
ment of Commerce, Col 2 is b. deduction from Cols 3 and 1 Figures for 1939-40 are by addition of
culiesponding columns in the two preceding sections
Carry-Oer as of Auo 1 Basic Data New York Cotton Exchange Serice.
U S Acreage Planted U S Department of Agriculture, U S. Bureau of Agricultural Economics,
Crop Reporting B,ai d
Average MIi:idling i, Spot Prices Compiled hN the Bureau of T ,siness Research from price quota-
tions taken from The Dalh,s Morning News and the Lixerpool Cottoi. Association Weekly Circular
has always been eradicated by local quaran- does petroleum. The day of complete domi-
tine and establishment of noncotton zones. nance by cotton of the Texas economy has
Looking to the Future. passed, but it is probable that cotton-growing
As late as ten years ago, King Cotton was will continue as the leading agricultural in-
generally accepted as sovereign among Texas dustry despite the increase in foreign compe-
industries. While cotton still furnishes em- tition and loss of foreign markets, and the
ployment to a larger portion of the Texas encroachments of synthetic fibers.
population than any other industry it con- The retreat of cotton production from the
tributes less to the Texas income today than marginal acies will strengthen the industry
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Texas Almanac, 1941-1942, book, 1941; Dallas, Texas. (https://texashistory.unt.edu/ark:/67531/metapth117164/m1/208/: accessed March 29, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Texas State Historical Association.