The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-07-25
coTToNS COST IN A CENTURY.
THE DEPARTMENTS BULLETIN a
VALUABLE ONE.

Every Statistic of Interest I'm Refer
ence 10 the Marketing OF Cotton
Contained in the Statement-A
Brief sketch of the Production
and Consumption of the staple ia
This Country for the Past One
Hundred Years.
Washington. July 2A-The bulletin on
the Prices Of Cotton for 100 Years" which
the department of agriculture has had in
course of preparation for some weeks. was
issued to-day. The period considered be
gins and ends with two of the most import
ant events in the history Of cotton Gull
ture. the Introduction of Whitney's saw gin
O7S0. and the production of the largest
crop the world has ever seen, 1915. The
highest and lowest average prices, the
crops of the United States. the exports
to foreign countries. the supply and con-
sumption in the United States. Great Brit
ain. and continental Europe are given for
each year. as well as the chief causes that
have led 20 the rise and fall in prices from
year 10 year.
In addition 10 a series of tables in which
these facts and figures are presented,
the bulletin contains numerous data re-
lating to the progress made from time
ton of cotton in this and foreign coun-
tries. These are so arranged as TO pre-
sent a brief historical sketch Of cotton
PRODUCTION and consumption in the United
States during the past century. The ia
bles show that the prices Of cotton have
not been so low during the past season
as they were during the decade from $50
10 1850.
The object Of the department has been
40 make this bulletin a valuable work Of
reference as to the production, consump-
1ton, and prices of cotton and other num-
erous facts relating TO cotton, for all
who are interested either in cotton plant
ing or in the cotton trade
Referring to the conditions OF the mar
ket and prices in the decade from 1910 to
1850 the bulletin says. In 1910 the lar
gest crop ever made up TO. that time, and
the largest accumulation of stocks ever
witnessed. in Liverpool. caused decline
TO the lowest average for ten years. This
was the beginning Of heavy accumula-
ton of stocks in Europe during the next
five years, which led 10 an extraordinary
decline in prices
The highest price per pound In New
York that decade was 1875 cents, in 1850,
and the lowest cents, in 1872 and 1915.
Shepperson quoted middllng in that year
as low as cents.
In 1872" continues the bulletin, mid
ding TO fair cotton reached as low as
AZ cents in New Orleans, and there is on
file at the department of agriculture a let
ter showing that a Narengo county, Ala
hama, planter sold this year Il bales of
cotton in Mobile at 81 cents. The price
currents of the day quote middling to
fair cotton in New Orleans in 1915 as low
as AS cents, and in Mobile the same year
at ga cents per pound"
With respect to the lustrum ended with
1895, il is shown that the highest price
per pound in New York was 1915 cents,
in 1891 and the lowest GIG cents, the
present year.
A table of the fiuctuation in prices
shows that in 1895 IL amounted to IS cents
per pound; in 1887. to 1917 cents; in 1864.
10 121 cents; in 1865. to IA cents, and in
1886 to only SO of a cent, the smallest
on record