The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1900-06-02
COTTON
Demand Rapidly Increasing
Interesting Statistic

WASHINGTON, JUNE 1-(Specal)- j.
Europe is anxously reaching out for
whatever remains of last years cotton
crop i'm the United States The exporta-
tion OF cotton in April, 1900 the details
OF which have just been completed by
the treasury bureau OF statistics amount
ed TO 26l, ,Oi4, SlS pounds against 13i, 397, 32S
pounds in April of last year, and the val
ne to $2i,6S4O7S, against 81, 1876, ,O97 in April
last year, while the average price per
pound in April 1900 was 9.3 cents and In
April 1899 6.3 cents, an increase of about
80 per cent The United Kingdom increas-
cd her importation Of American cotton
from 80 million pounds in April 1899 to 9S
millions in April 1900; France from mil
lion pounds in April 1899 TO 13 millions
in April 1900; Germany from 1919 million
pounds in April 1899, to nearly IS millions
i'm April 1900: and other European coun-
tries, from 40 million pounds in April 1899,
to Ga millions i'm April 1900. Japan, which
had been busy in the earlier part of the
year obtaining her supply, did not take
as much I'm April 1900 as I'm April 1899,
the gtiures being in April 1899, 1S,7o164S
pounds, and i'm April 1900 5,935,573 pounds.
During the ten months ending with,
April however, Japan took 135,7S8ol'
pounds. against T.77S.701 in the cores
pondiug months of the preceding fiscal
year. while England had during the 10
months taken but 0S2, 230 us pounds,
against .7O7. PAP, 462 pounds in the cores
ponding months Of last year the total for
the other European countries In 1900 be
ing about equal to that Of the correspond
ing months of 1899.
Meantime the American manufacturers
are also taking time by the forelock and
laying in their share Of the stock in sight
even at the advanced prices which are
now very much in excess of those year
ago The latest quotations received by
the burearu Of statistics show the price
of cotton in New York to be 9.31 cents
on May 25 and on April 20th 9.1S cents,
while the figures for one year earlier were
Ga cents COR May 20, 1899, and Csc for
April 10. 1899. an increase of so per cent
during the twelve months.
This brings the price of cotton to
higher figure than at any prior time dur
ing the decade The average price per
pound in the year 1891, was Sc cents 1
1898 So cents. and since that date has
ranged downward being I'm 1898 SO cents,
and in 1899 6S cents Meantime prices Of
cotton goods have been correspondingly
reduced. standard sheetings which in
1891 were 6.S cents per yard, falling to
AZ cents in 1895 and SO cents in 1899;
while standard prints which were cents
in 1891 were 80 cents in 1898 and AZ cents
in 1899; and printing cloths which were 3.9
cents per yard in 1898, were ? cents per
yard in 1898, and 26 cents in 1899. The
recent advance of more than 80 per cent
in the price of cotton used manufacturing
coupled with the advance in wages, is al
ready making itself apparent in the price
of uncolored cotton cloth in March 1900
being 81 cent per yard, against Al cent
in March 1899, and that of cOlored cloth,
60 cents per yard in March 1900 against
5 cents in March 1899.
The effect of this sharp advance in
price of cotton and consequently of cot
ton cloths in perceptible in the export
trade in cotton goods. Expectations OF
cotton cloth in April 1900 were but To-,
143,1SS yards against 81, 751, SS7 yards in
April 1899, and the total expectation Of
cotton manufactures was but So in
value, against $1,911,5u in April 1899,
though for the ten months Of the fiscal
year the exports exceeded in value those
Of any corresponding period, being s2O,-
POP, 246 against SIS, 800 in the same
months of the fiscal year 1899. and S13,
sol, ,439 in the corresponding months