Keowee courier. [volume] (Pickens Court House, S.C.) 1849-current, 1899-09-14
TaaS souIs3 aaa Gotten !.

II ENkaS lsSt
No man in this country il better
posted on cotton than Mr.. Hester,
| Secretary Of tthsa N ew York Cotton
Exchange, and his annual report is
! always read with great interest.
This year it y oontains, as usual,
much valuable information and many
wholesome suggestions. 8 Il II
Mr.. Hester has, for years, been
one Of the most earnest advocates Of
reduced cotton acreage, and the fao.s
brought out in his recent report vim
dicate the wisdom of his counsel.
lie calls attention in an impressive
manner to the fact that the crop
which was marketed from Septem-
Der 1, 1893, 70 September 1, 1899.
though the largest on record, was
far from profitable to the South.
Its money value was $283,773,OOO
while tho crop of 1S93-94, though
3,725,000 bales smaller, was actually
worth about 100000 moro to the
formers. The increased production
of tho last crop WIS very pnequally
distributed. =.
While the Texas crop, inclrding
that of the Indian Territory, inoreas-
ed 100000 bales, the group of At
lantic States, consisting of Alabama,
Georgia, Florida, North and South
Carolina, Kentucky and Virginia,
increased only 5000 bales, the group
Of other Gulf States, consisting of
Arkansas, Louisiana, Mississippi,
Tennessee, Oklahoma and Missouri
have fallen off 414,OOO.
MIR. Hester shows that while the
cotton year just closed was unprofit-
able to tho farmers it was an
excellent year for tho manufacturers.
They enjoyed the double advantage
Of low prices for the raw material and
increased value of tho manufactured
product. Northern manufacturers
received from the depression of the
two preceding years and the advance
of the South rs a great cotton manu-
featuring region was accelerated.
Tho total consumption of raw cot
ton by American mills was the great
est ever known.
In reference to the progress of the
South in cotton manufactures MIR.
Hester says:
t'1n tho South, tho activity within
the year in building now mills has
been without parallel; more than
100000 spindles have been added to
mills in operation, and there are now
being erected in old and new con-
Germs nearly $4,000 spindles. In
addition to this, there are projected
in every Southern State cotton
manufactures covering many thou
sands of spindles."
Mr.. Hester contends with good
reason that margin of profit which
barely brings the Northern spinner
out even offers fair profit to the
mills of the South, and this fact ac-
counts for the rapid advance of cot
ton manufacturing in this section.
/ In regard to tho present capacity
Of Southern mills, which actually
consumed last year 100000 bales,
MIR. Hester says that with thu pres
ent total of Southern spind' d'es, and
the completion of those nov being
erected, at the present rae of con-
sumption per spindle, the capacity of
the South would be 1,750,O00 bales
per annum.
The wonderful advance of this in
dustry in the South is more impress
siye when we consider that five years
ago the Southern mills consumed
only $4,000 bales.-Atlanta journal.
=
Tho unhappy mortal whose liver is in
active is miserable without apparant
cause. DIR. M. A. Simmons Liver Mefli-
cine makes lifo worth living. For sale
by j. w. Boil. WalhalIa.
The fight of the New York butch
ers on the gigantic meat trust is 60
ing to be bigger thing than r,any
people have any idea of. Stock TO
tho extent of 100000 has already
been subscribed and it is reported
that it is their intention to raise
Sl8,0O0,000 to $20,O00,OOO for the
purpose of establishing a packing
house that will not only supply the
home trade but will also furnish the
surrounding country for q rodina Of