File No. 763 72112/1729
The Consul General at London (Skinner) to the Secretary of State
[Received 7 p.m.]
Board Trade decides to make final settlements purchased American cotton not covered by sale contracts, at market value at port of shipment at date of shipment, plus all expenses, including freight, insurance, war risk, and interest. In making settlements actual contracts made about same date will be taken as further guide to arrive at fair price to shippers.