The Marlboro democrat. [volume] (Bennettsville, S.C.) 1882-1908, 1903-06-26
COTTON ia K1kd
I The areatest velno This YsaF n
History Of 0nr Trade.
VALUE Aor EXPORTS POI! WILL
Exceed That Sum, Though Quantity,
is Quarter OF Billion
Pounds Less Than the
Crop OF 1903.

Cotton is still king in the export
records Of the United States, and It's
record IN the present year is-likely to
surpass that OF any proceeding year.
The value Of r;,w cotton exported in
the eleven months ending with May
is, according 10 the preliminary fig
ureS Of tn treasury bureau of statis-
tics, S308,747, ,095, which is SIS, 900. 600
in excess of the highest eleven months
figures heretofore recorded by this
preliminary statement. The highest
eleven months record for any earlier
year was that for. the eleven months
ending with May, 1901, when the
total stood at 5000, 1851 SEoul
the figures for June Of this year equal
preceding years, the total for the ts-
cal year would be $317 100000, or
S4,000,0 900 In excess Of the banner
year, 1901. The quantity exported
this year is not as great as that of
the years 1898, but, owing to the
higher prices received, the value is
very much greater than that Of those
years; and, rs already Indicated, larger
than that Of the the corresponding
months Of any preceding year. The
total quantity exported III the eleven
months ending with May, according
to the preliminary statement, is 4, ,4Sl,
1853, ,287 pounds, against 3,208, ,G21 ATS
pounds in the corresponding months
Of 1901, when the value was S5, 600, 600.
less than at the present time, aud
3, ,72l ,3l0, ,O09 pounds in eleven months
Of 1898, when the value was 1922 ,4l4,-
1870. Thus the total quantity at the
present. time is 100000 900 pounds
less than that Of the corresponding
eleven months of 1898, but the value
Is $86,000,000 in excess of the value
for the corresponding period Of that
year. The average price per pound
OF the cotton exported, determined by
dividing the number Of pounds into
the value stated by the bureau OF
statistics records, is, for the eleven
months ending with May, 1903, 8.S7
cents. and for the eleven months end
ing with May, 1898, 5.97 cents.
Comparing the total values of cot
ton exported with those Of preceding
years, it may be said that 1903 seems
likely to show the largest total value
In raw cotton export or any year In
the history OF our commerce. In
1S48 the total value Of raw exported
cotton vas, in round terms S62, ,OOO,-
600; in 1860, Sl92 900 900; in 1870,
1927 100000, but SlS4 900, 900 stated
in gold; in 1880, S2ll 900, 900: in 1890,
$3.50, 600, 900; in 1900, S242, 900, 900; in
1901, S3l3; 300, 900, and, as already in
dicated, seems likely to be, for 1903,
53l7, 100000.
Meantime the value of cotton ex-
ported in manufactured form has also
increased, and will make it's highest
record in the present fiscal year. The
total value Of cotton manufactures cx-
ported in the ten months ending with
April is S27 1892, $50, indicating that
the total for the full fiscal year will
probably be about S34 900 600, against
$33, 100000 in 1902, S24 900, 900 in
1900, 10000, 600 in 1890, $40, 900, 600
In 1880 and $4,000, 900 in 1870.
Al the same time the cotton manu-
facturers Of the United States have
increased and are still increasing their
consumption OF cotton both from our
own fields and from abroad. The total
number Of bales taken by the mills Of
tie United States last year for the
first time passed the 100000 line,
the figures being 1888, 900 bales,
against $4,000 in 1900, 1925, 600
bales in 1890; l ,795, 900 bales in 1880,
and 857 900 bales in 1870.
Meanwhile the i'm portations Of
foreign cotton, chiefly Egyptian, are
growing with rcmarka bic rapidity,
the Importation in the present year
being likely to reach S0,O0O,OO0
pounds, to which may be added 90
900, 900 pounds Of "tlocks" or cotton
waste, with total valuation Of about
100000 against 43, 900, 900 pounds
Of waste imported in 1893, valued ut
less than So, 900, 900.