The age-herald., 1901-09-05
TESTERS ANNUAL
 COTTON REPORT
Puts Crop of 19OO-19O1 at
 l0,383,422 Bales
AN INCREASE OF 947,OO6
average Commercial Value of Cotton Is Estimated. at $47.63 Per Bale. Net Galn In the Number of
 Southern Cotton Mills.

New Orleans, September 4.-Secretary Testers annual report was issued in full today. He puts the cotton crop of 190O- 1901 at 10,3S3, ,422 bales, an increase of 947,oO6 over that of 1Ss9-1sOO He says compared with last year in round figures in Texas, including Indian Territory has increased 1,21S, 900, the group of other Gulf states. consisting of Louisiana, Ar | kansas, Mississippi, Tennessee, Oklaho- ma, Utah and Kansas has decreased 17s.- i GOO. and the group of Atlantic states, In cluding Alabama Georgia, Florida, North Carolina, South Carolina, Kentucky and Virginia has decreased 5000.
 He puts the average commercial value of the crop at s47.6S per bale, against $3S,55 last year, $25.08 the year before, and s26.62 in 1S9s-'99 and the total value of the crop s494 ,549, against ss6S, ,7s4,- s9o vast year, and $2S2, 722. .sS7 the year be- fore. He puts the total spindles in the South at 6,5S1.694. an increase over last year of 264,7S1. These include s46214 spin dles in new mills not yet completed
 Net Gain In Southern Mills.
 The net gain in the number of South ern mills over last year has been twenty five. making the total now 6sS, and the consumption has beeen divided as fol- lows:
 Alabama 1s4,s57 bales. an increase of 16, 435. ...s..
 Arkansas. 172e. a decrease of 651.
 Georgia, S54,499, an increase of 15,3ss.
 Kentucky, 23,9S5, decrease of 3774.
 Louisiana, 16,57, an increase of 107.
 Mississippi, 24,sOs, an increase of 175S.
 Missouri, 4s31, an increase of 7S3.
 North Carolina, 4s4,s7s, a decrease of 70S.
 south Carolina, 51o.4ss, an increase of 13,340.
 Tennessee, 35S4O, a decrease of 2340.
 Texas, 12,9S5, decrease of 5,O52.
 Virginia, 367A. a decrease 11,6S3
 Total consumption of cotton in the South 1,620, ,931, an increase over last year of 23,S19 and over year before last of 221 532.
 General Manufacturing Industry.
 In reference to the general manufactur- ing industry of the country MT. Hester says that the year has not been a satis- factory one with American mills north
  have ruled high compared with the maDu- factured article. cutting down the margin of profit until in many instances the bal- ance has been on the wrong side. Con- plaints have been strong among northern and eastern spinners. though the south. while Its aggregate consumption in- creased, has had it's share of the depres- sion. This has been emphasized by the contrast with last years activity and it's record-breaking-s consumption. The Chi- nese difficulties which overshadowed the closing months of last season continued to exert an unfavorable influence, and competition between northern and south | ern spinners in home markets was, in | consequence, materially increased. Short CT time and lessened production were the result. During the past sixty days the | outlook has frightened, though it is not | all that could be desired.
 The consumption of American cotton by | northern mills he puts at 100000 bales | against 2,300,000 last year, a decrease of 1 250000. This does not include foreign cot | ton, of which the importations were prac- tically consumed and which amounted to | an equivalent in American weight of 10e,- 9A bales, against 130590 bales last year. | He says that the value of importations of foreign cotton for consumption this year l exceeds $8,000,0O0. In reference to south ern consumption MT Hester says that the
 
 | pression that the years total would show falling off of from 100, 900 to 150 900, which | was due to the number of new mills which started this year and late last year. their consumption amounting to 7,927 bales He shows that the mills which ran this and last year show an actual falling off in consumption of 104.1O8 bales.
 Causes Which Affected the South.
 The causes which affected the south this l year. MT. Hester claims, are temporary in their nature. and says that in fact the situation has improved with the past month or so, the August. 1901, consump> ton in the south, as reported to him by the mills, having reached 140ssS bales which Is at the rate of 1,690Ooo bales per annum. and that had all the mills run as they did last year, including the new concerns in operation, their consumption would have reached 1.725.0 900 bales He claims that with anything like fair trade the latter amount should be exceeded during the coming season. He shows that including those which commenced build- ing last year. there are now 42 new mills | in course of construction fin the south. with S46,214 spindles. showing that the work of building up the industry Is still going on at a rapid rata, though the con, ditions do not stand comparison with last years phenomenal results.
 | One of the most interesting features in MT. Hester's report Is the showing of tho worlds consumption of American cotton for the past three seasons. which he puts at 10,161 900 for thls year against 10 9a5, O0c for 1899 1eo0-fgures of which have been revised-and 1o.759,Ooo for 1sss-ss. He quotes a dispatch from MT. Thomas Eli son of Liverpool. the distinguished Eng fish cotton statistlcian, In which that authority placed the mill stocks in Eu- rope of all kinds of cotton at the close of August, 1901. at 54e.000 bales against 545. .00c last year. MT. Ellison approximates that the European mills hold 40s, 900 bales of American cotton against the same las, year.
 MT. Hester makes the total visible and invisible supply of American cotton in the world on September i. 1901. 1,4s1 900 bales, against 1,125,000 last year, an increase of 306,00 and the total visible and invisible supply of all kinds of cotton in the world on September i, 1901, 2,1S5, 900 against ], TBS, 900 last year. an increase of 447,00O.
 He gives the receipts of new cotton of the crop of 1901-1902 at delivery ports as 52,742 bales against 22,620 last year. |
 Hatchechubbee, Ala, June 30, 1875,
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