The Montgomery advertiser., 1901-09-05
MIR. HESTER ON COTTON ANNUAL REPORT MADE PUBLIC
 YESTERDAY. Average Price Per Bale Put at $47.63 Against $36.55 the
 Season Before-Cotton Mills Not Prosperous.

4NCW ,OttcdlS,a Oept. 4-SeCTetary f1eS- ters' annual report was issued in full to- day: He puts the cotton crop of 190-1sU at 10 SS3. 42 baIes an increase of sTooe over that of lse9-1s0o. He says that com pared with last year In round figure Texas, including Indian Territory, has in- creased 1.2ls. 900, the group of other Gulf states, states. consisting of Louisiana, Arkansas, i,s and Kansas, has decreased 1000, and the group of Atlantic States, including Alabama. Georgia, Florida, North .Csro- ginia, has decreased s2,ooo.
 He puts the average commercial value of the crop a at e si1es M per bale against ESP s4s4, ,5s7. .54s. against ss6s. .7s4.2s2 last wear and s2s2, 7229S7 the year before.
 at 6.53i.ss4. an increase over last year of 2s4. .731. These include S46.214 spindles in new mills not yet completed. The net gain, in the number of Southern mills oyer last year has, been twenty-five, making the total now 6SS, and the consumption has been divided as follows:
 4sC: Arkonsas. IFS, a decrease of 65l i; Georgia, 354, 4s9 an Increase of 15,3S9; Ken lucky, 39S5. a decrease of 3.t54; Louis % s ss sT ef s Mi aP SIS. decrease of 7oS; South Carolina. 510 4s6. an increase of B, s4o; Tennes zee. s. crease of 5052; Virginia, 3s,744. a decrease of Il, ,6SS: total consumption of cotton Tn the South, 1,620,931, an Increase over last of Ssia s gs bss s'S''' ana oyer year 'e'0Fs last
 In reference to the general manufac- turing industry of the country, MT. He's satisfactory one with American mills either North or South. Prices of the raw material have ruled high compared down the margin of profit until in many Instances the balance has been on the wrong side. Complaints have been strongest among Northern and Eastern | gregate consumption increased. has had it's share of the depression. This has been emphasized by the contrast with ing consumption. The Chinese difficult ties which overshadewed the closing months of last season continued to exert | between Northern and Southern spinners | in home markets was. in conscquence. | materially increased. Short time and lessened production were the result, Du- ring the past sixty days the outlook has brightened, though it is not all that could be desired.
 by Northern mills he puts at 2,05OooJ bales, against 2,3OO.O00 last year. a de- crease of 25O.000. This does not include foreign cotton, of which the importa- tions were practically all consumed. and | which amounted to an equivalent in American weights of 94l bales. against l I0U6JO DaleS last year. lie says that the value of the importations of foreign cot ton for consumption this year exceeds SS. GOO 100.
 In reference. to Southern consumptior MT. Hester says that the increase in face of the general impression that tie years total would show a falling off of from 100000 to 10000 bales, was due to the number of new mills which started tnis year and late last year, their corsrnp- | tion amounting to ,127.927 bales. He (, cws that the old mills which ran ihis and last I r.n... C-V sumption of 10i.1OS bales. The canses which which affected the South this year | Mir. Hester claims, are temporary in treil nature and says that in fact the sitva. | so. the August, 1901. consumption m the South as reported to him by the Inills having reached 140.S3S bales, which is al the rate of 1,690,0Oo bales per ilIn, :nc that had all the mills run as .h " dI'! lss year, including the new conce ms Tn CD eration, their consumption wo i'd nave reached 1125,000 bales. He claims tna1 with anything like fair trade. the latter amount should be exceeded during ths coming season He shows that including those which commenced building lasl In course of construction m the S0ucl with S46, 2l4 spindles showing that thu work of building up the induss:y is sttl going on at rapid rate, thoug hn 2 cen ditions do not stand comparison with lss years phenomenal results.
 One of the most interesting features 1T
 NIL IlCSbCi iCpOIb IS lhC ShOWlH6 OA thS worlds consumption of American cottor for the past three seasons. which he puts at 10.l61, 900 for this year, against 10. S9o, 900 for -19Oo-figures of which have been revised-and 10, 7590OO for 1S9S-SS H, quotes a dispatch from Mir. Thomas Fl lison of Liverpool. the distinguished Eng fish cotton statistician, in which tha authority placed the surplus mills stool in Europe of all kinds of cotton at tn, close of August, 1901, at 546.000 bales against 545,OO0 last year. MT. Ellison ap proximates that the European mills holC 10000 bales of American cotton agains the same last year.
 MT. Hester makes the total visible ana invisible supply of American cotton iI the world on September 1st, 1901. 1,4S1, ,O0 bales, against 1,125.OOO last year. an in crease of 3O6OO0. and the total visibI, and invisible supply of all kinds of cot ton in the world on September l, 1901 21S5,0O0, against 1.73S.0 900 last year, an in crease of 447.00O.
 He gives the receipts of new cotton O. the crop of l901-l902 at delivery ports al o2.742 bales. against 2, 620 last year.
 New York Dry Goods.