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U.S. Code as of:
01/03/05
Section 471. Statistics and estimates of grades and staple length of cotton; collection and publication
The Secretary of Agriculture is authorized and directed to
collect and publish annually, on dates to be announced by him,
statistics or estimates concerning the grades and staple length of
stocks of cotton, known as the carry-over, on hand on the 1st of
August of each year in warehouses and other establishments of every
character in the continental United States; and following such
publication each year, to publish, at intervals in his discretion,
his estimate of the grades and staple length of cotton of the then
current crop: Provided, That not less than three such estimates
shall be published with respect to each crop. In any such
statistics or estimates published, the cotton which on the date for
which such statistics are published may be recognized as tenderable
on contracts of sale of cotton for future delivery under the United
States Cotton Futures Act, shall be stated separately from that
which may be untenderable under said Act.
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