Excerpt from Cotton Tare: September 3, 1912 The American producer sells his cotton gross weight. In the export trade, however, practically all cotton is sold net weight. A large part of the cotton exported to Europe is sold under what are known in the trade as c. I. F. And 6 per cent terms, which provide that the net invoice weight shall be found by deducting 6 per cent of the gross weight. When this rule was originally established, many years ago, an ordinary bale of cotton weighed about 400 pounds gross, and a deduction Of 6 per cent fairly represented the tare and draft (the latter an arbitrary allowance of about 2 pounds per bale). Since then the gross weight of the bale has gradu ally increased to approximately 500 pounds, without a corresponding increase in the amount Of tare. Roughly speaking, the tare on a bale of American cotton as it comes from the hands of the producer is from 19 to 24 pounds per bale, or, to use an average figure, about 22 pounds. This means that a bale of cotton weighing 500 pounds contains 478 pounds net. A deduction of 6 per cent from a gross weight of 500 pounds leaves only 470 pounds net, or 8 pounds less than the actual weight of the net cotton in the bale. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This 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 imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.