The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1898-10-24
COTTON STATISTICS.
PhenC m'nai Isc-sase In shs gsoid of tee
Produet-A Watering showing.

| PhenC NINA Iacreaee IN sne Esotf 0f tee
Produet-A Fiattsring showing,
Washington, p c. oct, 2z-The phenom-
inally low price OF cotton recently report
ed said to be the lowest point reached In
many years lends special interest to n
series Of tables just compiled by tho
Treasury Bureau Of statistics showing
the remarkable increase n cotton produc-
tlon and colncidental fall in price These
tables show that the United States. the
chief cotton producer Of the world has
quadruped her cotton production since
1872 and that the price OF cotton in the
same period has fallen to about oucfourthI
that which prevailed In that year In 1872
the cotton crop of the United states Is
shown to have been .Ss4,oS4.4s4 pounds
with an average prio >. 22ls per pound
in lses the crop Is reported at 1867 .g72 05l
pounds with an average price Of 62 O.
per pound. Thus, the reduction OF iSgS is
more than four times that OF 1872 and the
average price but a little over one-fourth
that of that year.
Wcen It is considered that the other
portions OF the world that grow cotton
have not at all reduced their production
meantime. It Is apparent that the increas- |
ed cotton supply OF the world in the quar-
ter of a century under consideration has
been very great, Ind far in advance Of
the Increase in population or consuming
power.
Twenty-Five years ago the United States
produced 10 per cent Of the cotton OF the
world. today she produces S. per cent Of
tie worlds co ton. This increase in the
has been. not beet use Of re-
duction Of the cotton produced In other
PARIS OF the world but simply IN account
Of the increase OF our own. The cotton
supply OF other cotton producing
sections Of the world in 1923 was / .657 900
bales. and in 1878, ,ee5tOo bales. The av-
srage cotton production =. other coun-
.rles from 1872 to 1873 was l,GlS,OOO bales
per annum, and from 1890 TO 1897 was
.e24 900 bales per annum. showing that
here has also been slight growth in
cotton production IN either parts OF tho
world, while our own production has been
increased enormously.
Not only has the price Of cotton fallen
It about the same rate that the product
on has increased but there has also been
corresponding fan In the price Of cloths
from cotton The reports Of
he Bureau OF Statistics show that cotton
printing cloths" were quoted at 7.ssc per
ard in 1872, while reports just published
how an average rate or 2.l7c per yard
n the cotton year 1898 for the same grade
4 cloths, the fall in the price Of the man
fractured article thus having. I'm this case
~ 'N"7N' HN"i'S VI p"il' h'PN p"S' WIN
he fall In the price OF raw cotton and
he increase In the production OF t1at
.rtlcle.
1t is proper to add that the prices quot-
d for the earlier years are based upon
he currency values Of that period and II
educed to a gold basis would be slightly
ess. Cotton printing cloths whose
'rices are given In The table are OF tho
Iuality manufactured FOR use in printing
alicoes and accepted 5 standard grade
y which prices re constantly quoted.
'r. end. Cot. crop Av. price Pr cloth