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EXHIBIT M

Estimated mill consumption of wool, cotton, rayon, acetate, other manmade fibers and

silk, United States, 1938 to date

[Million pounds)

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7 13 8 9 11 13

1 Mill consumption, scoured basis, as reported by the Bureau of the Census.

? Grease wool basis derived by applying an assumed yield of 44 percent to the reported scoured wool consumption.

3 Mill consumption as reported by the Bureau of the Census. For American cotton tare as reported by the crop reporting board was deducted. 4 Domestic shipments plus imports for consumption as published in Textile Organon. 8 Imports for consumption as reported by the Bureau of the Census. Source: Compiled from Wool Statistics and Related Data, U. 8. Department of Agriculture, Agricultural Marketing Service. Prepared by Livestock and Dairy Division, Commodity Stabilization Service, January 16, 1958.

EXHIBIT N Price per pound of wool and other textile fibers, 1938 to date

(Cents)

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16, 1958 Prepared by Livestock and Dairy Division, Commodity Stabilization Service, Jan.

1 11 months. 2 9 months.

Source: Statistics on Cotton and Related Data, 1920–56; Wool Statistics and Related Data, U. S. Department of Agriculture, Agricultural Marketing Service.

EXHIBIT O

Duties collected on wool and wool manufactures imported into the United States

[In thousands of dollars)

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1, 938 4985, 891556 4,011 2, 808 2, 681

17" 439 6,447 7804, 1072, 875 2, 799 451 6, 114

794 3, 658 2,560 3, 339434 6,505919 3,6 3,000

2,556 5586, 3908053, 637 2, 546 2, 463 6205, 427ECI 634 12, 9782,085 2, 998 600 6,037780 3,21952, 253 2,816

591

706, 205 730 3, 5282, 470 2,119 563 15, 256

559 3, 133 a 2, 193 1, 990 573 6,400 533 4, 370 3,059 1,953 1548 6,092 539 134, 130

U2, 890 2,380 530

6, 808

6524, 550 3,185 30, 476 6, 405

73, 572 8, 281 44, 972 31, 480

3,939 2, 757 4, 986

3,490 3, 297 2, 308 3,4382, 407 3, 372 2, 360 2,261 1,583 3,007 2, 105 2,584 1, 809 2, 455

1, 718 4,178 2, 925 3, 176 2, 223 3, 533

2, 473 40, 226 28, 157

under the National Wool Act of 1954, through: Mar. 31, 1957

151, 248

120, 338

23, 800

295, 386

32, 030

183, 278

128, 292

1 Estimated on the basis of 26.0 percent, the average of compound duties collected from Jan. 1, 1953, through Mar. 31, 1956.

* Estimated on the basis of 26.3 percent, the average of compound duties collected during the first 6 months of 1954.

Note.-Compiled from data furnished by the Treasury Department.
Prepared by Livestock and Dairy Division, Commodity Stabilization Service, Jan. 22, 1958.

EXHIBIT P Projections of payments under wool payment program and duty collections available

for payments through the 1958 marketing year with incentive price at 62 cents for the 1958 marketing year

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1 Assuming no payments will be required to support the price of mohair.

2 At $3,000,000 for each 1 cent the national average price received by growers for wool is below the incentive level of R2 cents.

3 Assumes 130,000,000 pounds were sold during the first 5 months of the marketing year when the price received by growers as reported each month averaged 54,5 cents, and that 100,000,000 pounds (balance of the 1957 clip and early marketings from the 1958 clip) will be sold the last 7 months of the marketing year at an average price of 48 cents per pound. Price reported for December 1957 was 46.4 cents and for January 1958 was 45.2 cents. The weighted average for the year will depend, of course, upon the relative quantities marketed each month. With the decline in prices, the quantities marketed during the latter part of the current year may be curtailed.

• Assumes imports of raw wool during the 1957 marketing year will be 25 percent less than a year earlier (actual down 21 percent first 8 months) and that stocks at end of year will continue at their present level about in line with consumption (about 25 percent below their usual levels of recent years and equal to only 20 weeks' mill consumption). Also assumes imports of raw wool during the 1958 marketing year will in. crease to about 50 percent over those of the 1957 marketing year in order to supply the mill requirements with no increase in stocks at the end of the year. In arriving at these assumptions on imports of raw wool, mill consumption during the 1957 marketing year is projected at 16 percent below that of the 1956 marketing year (actual down 27 percent first 8 months). It is expected to increase cyclically during the 1958 marketing year and for that year be about 8 percent greater than for the 1957 marketing year. The figures take into consideration liquidation of the CCC-owned wool and assume that imports of other animal fibers and wool manufactured items will continue at their levels of the past 2 years,

Prepared by Livestock and Dairy Division, Commodity Stabilization Service, Jan. 31, 1958.

EXHIBIT Q Payments under the National Wool Act of 1954-Wool payments for the 1955 market

ing year through Oct. 31, 1957

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29, 189

7, 499 11, 399 15, 108 2,024

6, 772 280, 893

12, 906 329, 602

695, 392 2, 385, 059

85€, 313 1,092, 610

785, 952 394, 950

423 1, 724 49, 754

780 1, 586

230 9, 316 26, 218

265, 414 9, 610, 426

1,499 85, 732 70, 890 336, 304 204, 738 9, 815, 164 607, 748 | 11, 856, 570 198, 134 3, 206, 223 674, 248 3, 241, 116 205, 067 3, 595, 616 758, 368 3, 416, 163 38, 266 2,042, 961 91, 633 734, 587 363, 770 2, 593, 196 50, 253

689, 615 124, 227 728, 195 169, 373 1,646, 314 727,865 5, 411, 421

58, 022

80, 362 11, 248, 822

Montana Idaho Wyoming Colorado New Mexico. Arizona.. Utah. Nevada. Washington Oregon.. California

14, 846 13, 369 19, 238 14, 276 12, 329

3, 368
11, 614
3, 161
3, 243
7, 154
22, 249

25, 620 3,008, 089
91, 246 2, 566, 868
26, 626 3, 390, 549
99, 614 2, 657, 795

4, 984 2,004, 695
11, 734 642, 954
47, 202 2, 229, 426

6, 526 639, 362 16, 132 603, 968 21, 912 1, 476, 941 85, 842

4,683, 556 437, 438 23,904, 203 981, 816 50,012, 704

620, 413 161, 274 179, 317 205, 697 192, 568 125, 786

39, 545 139, 737 34, 877 40, 495 82, 497 265, 411 1, 467, 204 3,093,030

11, 236, 157 3,044, 949 3,061, 799 3, 389, 919 3, 223, 595 1, 917, 175

695, 042 2, 453, 459

654, 738

687, 700 1,563, 817

Western

124, 847

3, 401, 204 27, 305, 407
7,602, 476 57, 615, 180

25, 838, 203
54, 522, 150

United States.

260, 212

Prepared by Livestock and Dairy Division, Commodity Stabilization Service, Jan. 8, 1958.

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