OCR Text |
Show AGRICULTURE : Cotton and Wheat WheatThree WheatThree Three Items made ROWS news for cot- cot cottm cott colt - - tm t ) > n and wheat farmers tanners as u November Novembergot Novembergot Novembegot r got underway (1) 1 ( ) ) With 10100 10 1010000C 100 000 kales bales of sur aurplug surplu . plus plug cotton stored under govern government governnient governnicnt ment nient loan and with . an II 11 841 545 ! 45 000- 000 ( ) . 000bale 000bnie - . bAle crop ( slightly sllChtly { less than 1938) 1938 1938)t 1938)I 1 3 3t ) ' t I recast for this year the .grlcul grlcul agricul agricultore . agrlculture .grlculture ture tore department deportment announced loan loans loansbased loansbased ; based at 8 83 3 cents a pound on Sf'ven Sfven seven seveneighths Sf'veneighths seveneighths ' eighths Inch middling mJddllngs rniddlings * would be beavailable beavailable b bavailable < , available to 1030 1039 1939 growers who plant plantel plantel el ( ' 1 within their acreage allotments allotmentsA A week earlier th the loan prograrrB programR programS program ' R S emcd emed erned stymied by Increased cot cott cotI t I n consumption thanks to the war ( (2) 2 (21 21 ( ) ) The bureau of agrlculturae agriculturale agriculturalC agricultural e C onomlcs onomies onosnica forecast the same wheat wheatacreage wheatacreage wheaacreage acreage for 1940 1 40 as for lor 1039 1939 I . j ( . . e . 64 64600000 4 000 600 000 acres which would pro produce produce produce , duce about 790 760 000 000 bushels of ofspring ofspring o ; \ spring and winter wheat whcat But next nextyear nextyear nexyear ' year s a yield will be under par un tin unleu tinless unless leu less unusually favorable weather weathercomes weathercomes weathelcornea comes along Reason Drouth has hasalready hasalready haialready already damaged much seeded aeede4 win winter wintet winter ter tet wheat beyond recovery recoveryS overy (3) 3 ( S ) Closing CloslnU if Its Brat Grst arat year yearS yearSthe , the fed federal federal federal eral croy crop inaurajua lnauraace Insurance ceryoratioel cosporallras raUc . waa was waasad wassad waisad sad . . . Havlac Havinc Having talceci takea taken CI169 5.789 5789 .7W 7W . ' l2.O l2O 120 . 12 busheht bushels bush eht els hi of wheat aj as . yrenaiuxu premhuna premiums from front fro . 14U1 185 1 < 3.651 3651 . . 651 551 farmers tannen . , tha the ooryoratioa corporation cosporation had hadclaims hadclaims bacclaims claims from ana one fourth It Its it . * custo custo- customers customers customers - mers Indemnities Indemn1Uea Indesnaitle , paid ald . , . totallni totaling totalingp 9 p 461 481 4 1 730 bushels , brought bcought a loss ofabout of ofabout olabout ' about p1.885 p1885 $ 91 l,88J l88J . , ! 3 000 . . |