The Atlanta constitution. [volume] (Atlanta, Ga.) 1885-19??, 1900-09-10

New Orleans. September 3-Secretary
Hesters New Orleans cotton exchange
annual report was issued in full TODAY.
He puts the cotton crop of 1S39-l9yo at
9.436, Il6 bales. a decrease Of l,S3Si2i under
1S9S-99 OF this he says that Texas. in
Guiding Indian Territory. shows a fall
ing off of 9I coo, the group of other guif
states. consisting of Louisiana, Arkan-
sas. Mississippi, Tennessee, Oklahoma
Utah and Kansas, 100000, and the At
lantiC states, consisting of Alabama
Georgia, Florida, North Carolina, South
Carolina, kentucky and Virginia. 4f9,-
600 lie places the average commercial
value Of the crop ut IS 81 dollars per bale
against 25.0S dollars last year, 2S2 dol
lars year before last and 1916 dollars I'm
1861 and the total value of the crop
S363, $4,000 against $2S2, 713.0G0 last year
and So, 5J3 900 the year before. He calls
attention to the fact that the money
value of the cotton crop just marketed
IS Ssl. Oh 900 over the 1859 crop, which
was 1888 900 bales more. lie puts the
total spindles in the south at 6,z6',l63 an
increase over last year of l,5l5,Od. These
include 1,i1S497 new, not complete. The
net gain in the number Of southern mills
over last year has been 1l5. making the
total now 663, and the consumption has
been divided as follows.
Alabama, 1892 bales. an Increase of
,l59.
Arkansas, 1850 bales. decrease Of
SCI
Georgia. 9.11O bales. an increase of
1893
Kentucky. 1853. an increase of 6g7.
Louisiana. 10, 40, a decrease of l,6lo.
Mississippi, 1850. an increase of 2'6'6.
Missouri AIS. an increase OF $50.
tsgs frnsae -r CO n
$500
South Carolina, 1915. an increase Of
IS. los
Tennessee. 37.7tT an increase Of 3,fI.
Texas. 1907. an increase Of ISIS.
Virginia, 1927 an increase of LOB
Total consumption of cotton IN the
south l,597l12. an increase Of 1915 bales
In reference to the general manufac-
turing industry Of the country ana us
comparative progress north and south,
he saws that up TO within sixty or ninety
days an active demand prevailed Tor
manufactured goods. and notwithstand-
ing the material advance i'm the price Of
the raw material due TO shortage of the
crop and light supplies the world over,
every available loom and spindle II the
country was busily engaged The Gt-s-
nese difficulties brought this activity 10
a sudden halt, but not until the amount
of cotton consumed had reached figure
in excess of any year on record ne
puts the consumption OF northern mis-
at 300 900 bales. which. together with
that of the south. makes an aESre safe
for the entire country OF 3,S5Ie'1 bales
against 39os,VoJ last year. an il-ei O-''0
of Dos 600.
Mr. Hester further remarks that, taken
as a whole. the year has been prosper
GUS one for both the manufacture and
grower of cotton. The large Increase IN
manufactures is developing more strong
~ the necessity for an increased outlet
i'm the way of exports, to which mill
owners have recently been giving
marked attention. lie contends that the
check caused by the troubles in the far
east is an object lesson showing that We
have reached "a point whore this country
can not absorb the quantity OF goods
manufactured. The tendency, he says,
is strongly I'm tho direction Of domestic
spinners working up the bulk II the cot
ton grown i'm tho United States into
warns and fabrics. That this IS q revo-
luton which has set in SO strongly. and
especially i'm the south, that it IS certain
In the long run to prove successful.
In his special report ON southern con-
sumption. made up from actual returns
of all the mills i'm the south. he says the
facts in relation 10 consumption and
increase Of su.ndles during the year are
Dhenoucnal Nearly every southern state
has entered the field and i'm all except
Kentucky and Missouri new mills are
being erected and numbers of others are
projected with certainty OF builalhS IN
the near future. Year by year OLD and
antiauated concerns have been dismaH-
tied or remodeled ana the southern cot
ton factories of today are OF the newest
and latest improved machinery CaDaDl-
OF performing the best and greatest
amount of work at a minimum cost. low
the industry has advanced he shows by
yearly comparisons from lSiu-9l, showing
an increase from $50 mills III that year
TO 653 on September l. 1850. a gain of -
mills. lie goes on TO state that inter
esting as the above showing is, the facts
are even better emphasized 10y the record
of spindles and consumption i'm the
south comparisons of which are carried
back as Tar as 1860. They are.
Year. Number;
$780,. SO. s..... ...... -.'a,a9
1SS0..... -...-. Sbi.aau
ISM. --''.' .'.'- ''-'-'-.' $500. d@l--,'1
19Oo....-. 1900. 1900 e. '.------ o'-o'-lts'
These figures. he remarks. show more
than could be expressed in columns of
words They Indicate that the southern
people are in the field of manufactures
to stay. and with the advantage on their
side, il is only a matter of time when
most of the raw cotton produced in the
south win be converted in manufactured
form adjacent to the cotton field. Ia
time every item of useless expense be
tween the producer and consumer will be
eliminated and no source capable of pro-
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