Arizona republican. [volume] (Phoenix, Ariz.) 1890-1930, 1903-06-22
MONARCH COTTON
Is Still Leading in Exports
of the Country.
1t is Estimated That They Will
Amount to Third Of Billion for
Year Ending With June.

Washington. n. g, June 31.-COttSn
is Slill king In the export records of
the United states. and it's record In tho
present year is likely to surpass that
of any preceding year. The value of
raw cotton exported in the eleven
months ending with May Is S30S IA. eos.
which is S5.o0O0O0 in excess of the
highest eleven months figures hereto
fore recorded by this preliminary
stf-ement. The highest eleven months
record for any earlier year was that
for the eleven months ending with
May. 1901. when the total stood at $303,-
497 .617. Should the figures for June OF
this year equal those of June In the i'm
mediately preceding years the total for
the fiscal year would be S317 ,000. 600. or
81 Geo, coo in excess of the banner year,
1901. The quantity exported this year
is rot as great as that OF the years
1888 and 1899. but owing to the higher
prices received. the value is very much
greater than that of those years; and,
az already indicated, larger than that
of the corresponding months of any
preceding year. The total quantity eX-
ported in the eleven months ending
with May. according 10 the preliminary
statement. is 3.4Sl, 353.2S7 pounds:
against 3.2OS. .62l AIS pounds in the cor
responding months of 1901, when the
value was S.. 000. 900 less than at the
present time. and S.72l,3lO, ,0O9 pounds in
eleven months OF 1898 when the value
was but 1922 414. .lS0. Thus the total
quantity at the present time is 10000
0O5 pounds less than that OF the CORES
ponding eleven months OF 1898. but the
value is S8G. .0C0 900 in excess of the val
ue for the corresponding period Of that
year. The average price per pound of
the cotton exported. determined by di-
vidine the number OF pounds into the
value stated by the bureau Of statistics
records. is for the eleven months end
Ing with May. 1903 S.S7 cents, and for
the eleven months ending with May.
1883. 5.S7 cents.
Comparing the total value q: cotton
exported with those of preceding years.
Il may be said that 1903 seems likely to
show the largest total value in raw
cotton exports OF any year in the his
tory of our commerce. In 1873 the total
value or raw cotton exported was. in
round terms. $62. .0OO. .0O0: in 1850. $192,-
O0C,O00 in 1870 1921, coo. 900 in paper. but
$1S4. .Go0 600 stated in gold; in 1880. SILL
eco. 600: in 1880. $3.50. .O00, 600; in 1900. $242-
0OOCo0: in 1901. 1919, ,OOO. 900. and. as al
ready indicated, seems likely 10 be, for
1908. $3l7 ,OO0, 600.
Meantime the value Of cotton export
| ed in manufactured form has also in
creased. and will make its highest rec
ord in the present fiscal year. TIE to-
tai value of cotton manufactures ex-
ported in the ten months ending with
/ April is S27. So. .559. indicating that the
/ total for the full fiscal scar viii prob
| ably be about $34,OOOO00 against $33,-
OO0. 0OO in 1902, s24, 600 in 1900. O,OOO-
Goo. SIC, 900, 0C0 in 1890. $40 coo, 600 in 1880
/ and S4,000,4ii in 1870.
/ At the same time the cotton manu-
( factuI=rs Of the United States have in
| creased and are still increasing their
| consumption o; cotton both from our
own fields and from abroad. The total
/ number Of bales taken by the mills of
/ the United States last year for the first
/ time passed the 4.O00. 600 line the fig
ures being 4.0S3. 900 bales. against s.
/ G44.000 bales in 1900; 1926, 600 bales in
! 1890; 1.795.C00 bales in 1880 and S5I, 900
bales in 1870.
! Meanwhile the importations of for
/ eign cotton chiefly Egyptian. are grow
, ing with remarkable rapidity. the i'm
( portations in the present year being
/ likely 10 reach 10000. 600 pounds. to
which may be added 10000. 900 pounds
/ OF 'fiocks." or cotton waste. with n
total valuation of about $l2.OOO. COO:
against 4}.OGO.0C0 pounds of raw cotton
ana $1,000 pounds of waste imported in
1899. valued at less than s5,OOO.OOO.