The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1900-01-16

Interest not only in the South, but
throughout the manufacturing and spec
uiatlyc centers Of the North continues t..
run largely to cotton. The bulls and
bears still bold tenaciously to their re-
sDective views, though it must be adj
mtted that the situation is becoming
more and more against the latter.
Cotton Facts" an annual issued by
Mr. Alfred 3. Shepperson, of New York.
Cle OF the most reliable ard lmspecula-
tive OF our cotton statisticians, contains
much valuable information both as 70
cotton and cotton milling. OF this seasons $
crop he says: "Advices sent me in De-
cember By reliable correspondents
throughout the South indicate a CONNER
cial crop of 9,500,O00 bales, composed of
about 100000 bales carried over from
the previous crop and Il yield this season
OF 3,IOO,OOO bales distributed as follows:
North Carolina. $4,000; South Carolina,
lOo,OOO; Georgia, 100000: Florida, 90
900; Alabama. $50, coo; Mississippi, j.
10000: Louisiana. $4,000; Texas. In
diam Territory and Oklahoma, 2,7JO, 600:
Arkansas, 100000; Tennessee, O,OOO;
Missouri and Virginia, SO, ,OOU."
Mr.. Shepperson does not believe that
the advance in the price of cotton will
operate to reduce consumption by the
mills. European spinners have bought
sparlnSly Of cottOn, depending on a large
crop to force down prices, and in many
cases have contracts ahead which they
must fill. European manufacturers are
short on goods and yarns and spectators
are short on futures.
The exports Of cotton this season are
about 1900, ,OOO bales less than at a cor
responding date last year Last season
= hnI 1,1
consumed by American and EorDean
mills. The mills are now spinning much
more cotton per week than last year and
their total increase of consumption for
the season is put at o00,0 The visible
supply OF American cotton on September
lst Was l.9G3GOO bales which added to Il
9,oOO.UOO bale crop gives only II ,463. 600
balcS to meet a probable demand of II,
100000 bales. This" says Mr.. SheD-
person, is not suggestive of Il lower price
for spot cotton during the season."
SO much for the American crop. When
We come to India the situation is still
worse, for the bears. Mr.. Shepperson'' S
Bombay correspondent inform Hmm that
the Indian crop is largely failure, the
receipts III Bombay this season being only
$4,000 bales as against 2,079.0O0 LIST
year and the average for the last ninel
seasons of f;10!,O In addition the
Indian mills are said TO be ''in :; bad
way and emily working four hours out Of
the seven The only relief ii the situa-
tion must come from Egypc which pro
duces 100000 bales more this year than
last
Asto acreage, accor,iin gto the reports of
the government issued Dee. II 1899. the
total cotton acreage in the United States
last year was 2;3,521 900 as against -,
Go6,aot acres IN 1888.
The consumption Of cotton by the va
rious countries Of the world during the |
season of 1S@S-'99 was as follows: Great
Britain. 3,51o,0O0; Continental Europe. |
d.&3i0G0: Northern United States. ,
21S. 900; Southern States. 1861 OG0; total
il United States. 3.5S2, ,000; India. /.
$4,000. This is an increase since 1889
Of 206.o per cent in the Southern States.
the next largest increase being $50 per
cent for India.
The number Of spinGles now in opera
ton III the same countries IS rs follows: |
Great Britain 4.,-to0,CGO; Continental
Europe. 81, 800 600; Northern States Of
the United States, 1415O.0O0; Southern
States, $3.50 coo: total in United States. |
Is. 100000: India. /. .72S 600. The increase
in the number OF spindleS IN the South |
for the past ten years IS 2,ooo, 900 or
1903 per cent.