The evening times., 1900-06-01
EUROPE WANTS COTTON.
ReachinG Out for the Remnants OF
the American CrOp.

HaehchihS Out Tor the Remnants OF
the American Crop.
Europe is anxiously reaching out for
whatever remains Of last years cotton
crop in theS.nited States. The exporta-
tion Of cotton In April. 1900. the details Of
which have just been completed by the
Treasury Bureau of Statistics. amounted to
254.o44,3ls pounds. against 134. .397. .32s
pounds in April of last year. and the value
| to $zi.es4.O7S. against $S.435.O9z ia April
last year. while the average price per
in April. 1900. was s.s cents and in April
1899. 6.3 cents. an increase of about so per
cent
The United Kingdom increased its i'm
portation Of American cotton from 80, 2,000.-
o60 pounds in April, 1899. to SS. .0e0, 900 in
April, 1900; France. from 5000. 600 pounds
in April. 1893. to 1900, 600 in April. 1900;
Germany. from Is. 500 900 pounds in April.
1899. 10 nearly 5000, 600 in April. 1900.
and other European countries. from 40.-
100000 pounds in April 1893. to 81 600. -
600 in April, 1900. Japan, which had been
busy in the earlier part of the year oD-
taiHing her supply, did not take as much
In Aprii, 1900. as in April. 1899. the figures
being in April, 1889 Is. 707 64S pounds, and
the ten months ending with April. howev-
er. Japan took los. 5.5s3. .547 pounds. against
n,1sS.7Ol in the corresponding months OF
The preceding fiscal year. while England
had during Jhe ten months taken but l.
0S2.23G. lis pounds. against 1907. .242. .462
pounds in the corresponding months OF last
year. TIE total for the ether European
countries in 1900 being about equal to that
OF TIE corresponding months OF 1899.
Meantime the American manufacturers
are also taking time by the forelOch and
laying In their share OF the stock in sight
even at the advanced prices which are now
very much in excess of those a year ago.
The latest quotations received by the Bu-
reau of Statistics show the price Of cot
ton in New York 10 be 9.3I cents on May
,, and on April 20. 9-13 cents. Will the
figures for one year earlier were 6l-4
cents for May 20, 1899. and 8 Is cents for
April .. 1899. an increase Of sc per cent
during the twelve months.
This brings the price OF cottOn TO a high
or figure than at any prior time during the
decade The average price per pound in
1881 was sc cents. In 1898 s-5 cents. and
since that date has ranged downward. be-
ing IN 1888 80 cents. and in 1899. 6.S cents.
Meantime prices of cotton goods have been
eorrespondingly reduced. STANDARD sheet
ings which in 1891 were 6.S cents per yard.
falEug to AZ cents in 1898 and 81 cents IA
1899: while standard prints which were 8
cents in 1891. were 3.9 cents in 1898 and
42 cents in 1893: and printing cloths which
were 3.3 cents per yard In 1898 were ,
cents per yard in 1888, and 2.6 cents in
1893. The recent advance OF mere than
80 per cent in the price OF cotton used in
manufacturing coupled with re advance
in wages. is already making itself appa-
rent in the price Of cotton cloths. the av-
erage export price Of uaeolored cotton
cloth in March. 1900, being 81 cents per
yard. against Il cents in March. 1895 and
that of eolored cloth, So cents per yard in
March 1900. against ) cents in March. 1893
The effect OF this shar advance in the
price OF cotton and consequently OF cotton
cloths Is pereeptfble in the export trade
In cotton goods. Expectations Of cotton
cloth IN April. 1890. we're but l6.l43 1ss
yards, against 3l.751.s .sS7 yards in April
1899. and the total exportatiOn OF cotton
manufactures was but I6l4. .s12 in valCo.
against sl.SII.5II in April 1893 though
for the ten months OF the fiscal year the
exports exceeded in value those Of any
corresponding period. being so. .202. .246
against SIS. 800 in the same months OF
the fiscal year, 1893. and S13. sol 43s in the
corresponding months OF the fiscal year,
1898.