Bryan morning eagle. [volume] (Bryan, Tex.) 1898-1909, 1898-10-04
When Less Cotton Is Produced In
Ths Country 1t Demands Much
Better Prices.
Low COTTON MEANS
LOW PRINTING CLOTHS.
Calieoes Have Kept Pace With the
VARYING Prices Of Cotton. and
Are Lower Today Than
Ever Before.

New York, Oct. "A special TO The
Times from Washington says:
The phenominally low price recently
reported. said to Be the lowest point
reached in many years, lends special in.
terest TO a series Of tables Just complied
by the treasury bureau Of statistics, show.
ing the remarkable increase in cotton
production and coincidental fall in
prices These tables show that the
United States, the chief cotton producer
Of the world, has quadrupled her cotton
production since 1872, and that the price
Of cotton in the same period, has fallen
toabout one-fourth that which prevailed
in that year.
In 1879 the cotton crop Of the United
States is shown TO have been / .ss., Os4..
4si pounds, with an average price Of
70. 10 cents per pound. In 1898 the crop
is reported at $685., S72,O pounds, with
an average price Of 6.23 cents per pound.
Thus the production Of lsss Is more than
four times that Of 1874, and the average
price bnLA little over one.fourth that Of
that year.
When IL is considered that the other
portions Of the world that grow cotton
have not all reduced their production
meantime, IL is apparent that the in.
creased cotton supply Of the world In
the quarter Of century under consider.
alton has been very great and far in ad.
vance OF the increase in population or
consuming power.
Twenty-Five years ago the United
States produced 20 per cent o. the cot.
ton Of the world today she produces IS
per cent Of the worlds cotton.
This increase in the percentage has
been, not because Of a reduction Of
the cotton produced in other parts Of the
world, but simply on account OF the in.
crease in our own The cotton supply
Of the other cotton producing sections of
the world In iS72.a was ,GG7, 900 bales.
and in 1875, .665, 900 bales. The av.
erage cotton production OF other coun.
tries from 1872 90 1873 was l,Bis,OOO
bales per annum and from 1890 20 1897
was 1924. 900 bales per Annum. showing
that there also has been a slight growth
In cotton production in other parts Of the
world, while our own production has
been increasing enormously.
Not only has the prices Of cotton fal.
len AZ about the same rate the produc-
ton has increased, but there has also
been a corresponding fall In the price Of
clothes manufactured from cotton. Tho
report Of the bureau Of statistics show
that the cotton printing cloths" were
quoted AZ iSS cents per yard in 1872.
while reports just published show an
average rate Of ? II cents per yard in the
cotton year 1899 for the same grade Of
cloths, the fall in the price Of the manu-.
featured article thus having in this case
at least nearly or quite kept pace with
the fall in the price Of raw cotton and
increase In production Of that article
IL is proper to add that the prices
quoted for the earlier years are based
upon the currency values Of that period,
and II reduced TO a gold basis would b.
slightly less Cotton printing cloths"
whose prices are given in the table Are
OF the quality manufactured for use IN
printing calicoes aud accepted as a
standard grade by which prices are con.
stantly quoted.
The following table gives the pounds
produced, the average price per pound
and the average price per yard for cloth