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(Studio) Index of economy indicators figs. for September given. Surplus in Texas cotton crop noted.
REPORTER: John Chancellor
(Lubbock, Texas) Report on cotton surplus, potential problems resulting from it and importance of foreign market for cotton. [National Cotton Council spokesperson Bob WEATHERFORD - cites amount of cotton that goes on foreign market and importance of foreign buyers now on United States tour.] Buyers on tour are from Asia. [Malaysian buyer David LEE - talks about present and future prices.] Reporter notes American cotton isn't lowest priced in world: and importance of pricing to American growers.
REPORTER: Bob Dotson
- Chancellor, John;
- Dotson, Bob
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