The morning news. [volume] (Savannah, Ga.) 1887-1900, 1899-09-03
CLOSE OF THE COTTON YEAR.
GROWTH OF MANUFACTURES HAS
BEEN REMARKABLE.

Secretary Hester Puts the Total Crop
at 1I,274,S4O BRIes-VaIue of the
Crop Per Bale Was $2o.os, as
Against S2s.02 the Year Before.
Thousands OF New spindIes in the
south-Amcrican Mills Used 3,JS0,-
900 Bales.
New Orleans, Sept. 2.-secretary Hes
ter's New Orleans Cotton Exchange an
nual report was issued in fun to-day. He
puts the cotton crop OF 1S9S-99 at 11,274S40
bales. an Increase Of 1856 over 1898, and
says that while Texas. including Indian
territory, shows an excess Of $4,000 bales,
ana the group of Atlantic states, consist
ing of Alabama, Georgia. Florida. North
Carolina and South Carolina, Kentucky
and Virginia, increased only 5000 bales, the
group of other Gulf states, consisting of
Arkansas, Louisiana, Mississippi Tonnes
see, Oklahoma and Missouri have fallen
off $4,000.
Mr. Hester puts the average commercial
value of the crop at S25.OS per bale. against
S2S,62 last year, $9676 the year before and
$i1.O9 in 1866, and the total value of the
crop at $2s2,773OO0, against 1920, $4,000 last
year and 1926, 925, 600 the year before.
Tie calls attention to the fact that the
money value of the cotton crop just mar
keted is slightly under that of the 1S93-94
crop, which was 3.725023 bales less, the
value of the 1894 crop having been $685.
$4,000.
Increase of Southern Mills.
He puts the total spndles in the South at
952,O92, an increase over last year of 1884,
84S. These include S2S, 354 now not COM
plete. The net gain in the number of
Southern mills over last year has been 50,
making the total now $50 and the consump-
ton has been divided as follows:
Alabama, 1921 bales. and increase of
31G0l; Arkansas, 3,1S2 bales, an increase of
! ,2Ss; Georgia, FL ,S07 bales, an increase of
49, 100; Kentucky 26.S42 bales, an increase
of 6s6; Louisiana, 18,025 an increase of
l, 976; Mississippi. 1884 bales. a decrease of
1856; Missouri, 1868, an increase of 23S;
North Carolina, SS2, Az, an increase of a.
676: South Carolina, 4i3 97S. an increase of
Is, S24; Tennessee, 34,3l6, decrease of 2,335;
Texas, 1868, an increase of 1896; Virginia,
rs 0SS, an increase of 4,240.
South was 1899, $50 bales, an increase OF
170,079
Progress of Manufactures.
In reference 90 the general manufacture
ing industry of the country and its COM
parative progress North and South, Mr..
Hester says that the year has been an ac-
tive one for American mills. Low prices
for the raw material and improved values
for manufactured goods have enabled
Northern spinners to recover from the de
preston Of the two previous years and
the result with continued Improvement
in the South, has been the largest con-
sumption of cotton and the heaviest tax
ings by mills on record
He puts the consumption of Northern
mills for the year at $4,000 bales, which
together with that of the South, makes
an aggregate for the entire country of g.
$50, 900.
In the South, the activity within the
year in building new mills has been with
out parallel; more than 100000 spindles
have been added to mills in operation, and
there are now being erected in old and
new concerns nearly $4,000 spindles. In
addition to this. there are projected in
every Southern state cotton manufacto-
ries covering many thousands of spindles.
-S-Sae-s-~