Exports for the week ending Sept. 30, amounted to 147,591 bales, compared with 86,204 bales the previous week and 109,498 bales for the corresponding week in 1920. The total exports from Aug. 1 to Sept. 30 were 870,698 bales, compared with 457,750 bales in 1920.
Exports of American Cotton from Aug. 1 to Sept. 30.
| To— | 1921 | 1920 |
|---|---|---|
| Bales. | Bales. | |
| Great Britain | 118,751 | 177,162 |
| France | 145,343 | 92,617 |
| Germany | 248,728 | 110,275 |
| Italy | 32,515 | 26,025 |
| Japan and China | 211,103 | 1,526 |
| Other countries | 114,258 | 50,145 |
| Total | 870,698 | 457,750 |
Premium Staple Cotton.
A fair demand for premium staple cotton is reported at New Orleans and a good demand at Memphis. Some of the sales in these two markets during the week were as follows:
| New Orleans: | Cents. | |
| Strict Middling, 11⁄16 ins. | 22 | |
| Middling, 11⁄16 ins. | 22 | |
| Middling to Strict Middling, 11⁄16 ins. | 22 | 1⁄2 |
| Strict Good Ordinary, California, 11⁄16 ins. | 17 | |
| Middling, 11⁄16 to 11⁄8 ins. | 23 | |
| Middling to Strict Middling, 11⁄8 ins. | 27 | 3⁄4 |
| Strict Low Middling to Middling, 11⁄8 ins. | 21 | |
| Good Middling, 11⁄8 ins. | 30 | |
| Good Middling, 11⁄4 ins. | 36 | |
| Strict Low Middling to Middling, 15⁄16 ins. | 36 | |
| Middling to Strict Middling, 13⁄16 ins. | 35 | |
| Strict Middling, full 13⁄16 ins. | 36 | |
| Strict Good Ordinary to Low Middling, 13⁄16 ins. | 22 | |
| Memphis: | ||
| Strict Middling, 11⁄8 ins. | 30 | |
| Middling, 11⁄8 to 13⁄16 ins. | 32 | |
| Strict Middling to Good Middling, full 13⁄16 ins. | 37 | 1⁄2 |
| Middling to Strict Middling, 13⁄16 ins. | 34 | |
| Middling to Strict Middling, full 13⁄16 ins. | 37 | |
| Middling, full 13⁄16 to 11⁄4 ins. | 39 | |
| Strict Middling to Good Middling, 13⁄16 to11⁄4 ins. | 40 | |
| Strict Middling, 15⁄16 to 13⁄8 ins. | 40 | |
| Middling, 13⁄8 ins. | 41 | |
The average premiums quoted in the New Orleans and Memphis markets for the staple lengths specified are stated below for Middling cotton based on Middling short staple cotton at 201⁄2¢ per lb. at New Orleans and 21¢ at Memphis on Oct. 1, 1921, and 23¢ per lb. at New Orleans and 25¢ at Memphis on Oct. 2, 1920.
| Length. | New Orleans. | Memphis. | ||
|---|---|---|---|---|
| 1921 | 1920 | 1921 | 1920 | |
| Points. | Points. | Points. | Points. | |
| 11⁄16 ins. | 175 | 400 | 200 | 65 |
| 11⁄8 ins. | 750 | ... | 700 | 700 |
| 13⁄16 ins. | 1,100 | ... | 1,200 | 1,800 |
| 11⁄4 ins. | 1,500 | ... | 1,900 | ... |
The latest quotations received for Pima American-Egyptian cotton are 40¢ per lb. for No. 2 grade and 37¢ for No. 3 grade f. o. b. New England mill points.