The Atlanta constitution. [volume] (Atlanta, Ga.) 1885-19??, 1903-09-07

the cotton market and the influence they
exert. Thirteen years ago the north
took 1877 per cent and the south 1913 per
cent. Today the percentages are, north
1858; south 5C.4o
Mr.. Hester further says, referring spe-
cially 10 cotton consumption in the south.
that taken as a whole, the year has
not been unsatisfactory, and to the Gues-
ton ITO what extent has your cotton
coLsC Dption been affected by the trade
and monetary conditions of the past
year," quite a number of repliI were
none" and "but very little" For the
FIST time the south has passed the two
million mark In actual consumption.
practically tieing up the mills north Of
the Mason and Dixon line: that with the
mills as a whole it was simply a ques
ton of not enough cotton. and that GU:
of GAO active mills on the list 534 ran
during the entire year, though some of
them to greater or less extent cur
tailed their consumption.
The facts show. he says. that up TO the
c,ose of June the mills had taken some
thing like 100000 bales more than up to
the same time last year, and it was this
that enabled them to tide over the pc
riod of absolute scarcity which prevailed
during July and August, whereas last
year they were enabled to supply consid
cradle of their wants during these
months. As it was. however. for want
OF cotton or inability to secure it unless
at prices entailing heavy losses. 4425ie
splndles were stopped during the month
of June, 615.6S3 during July and / .035 9S6
during August These figures refer to
active mills only, not including about
$4,000 spindles which from various causes
did not run during the cotton year
South's Capacity Increasing.
Mr. Hester states that with all the new
spindles in course Of erection completed.
the south's capacity at the rate of this
years average weight per bale as given
by the southern mills would be nearly
2,3eS coo bales
One OF the most interesting features
in Mr.. Hesters report is the showing OF
the worlds consumption of American cot
ton for the past season. which he puts
at 10,S59,G00, against 1861, 900 last year and
1oln, 600 the year before, a gam over
last year of 202, 900 over year before last
of 6SS,0o0 and decrease in lS99-19o0 Of 1885,,
600.
He quotes a dispatch from Thomas FL
lison. Of Liverpool the distinguished
English cotton statistician. in which that
eminent authority places the surplus mill
stocks in Europe of all kinds of cotton
at the close OF August 1903, at 10000
bales, against $4,000 last year Mr.. Ell
lison approximates that the European
mills now hold 600. 600 American, against
100000 last year.
MI Hester makes the total vlSl-
BILE and invisible supply of American
cotton, in the world at the close Of
August /, 1919, OH against 1871, GOO
last year, a decrease of 179, 900 and
the total visible and invisible supply
-. he n1l6
at the close of August, 1885, 900
against 2,CI4,OOO last year, de-
crease of $4,000.
He gives the receipts of new cot
ton Ct the crop of 10000 at de-
livery ports as 1894 bales against
90, 531 last year.
One Of the most interesting features of
the years cotton movement was the re-
turn Of American cotton from abroad for
delivery during July and August on con-
tracts entered into at New Orleans and
New York. Mr.. Hester has traced this
cotton and shows that it amounted to
1876 bales. including a,75l from Liver
pool; 1856 from Havre; 5,1o6 from Bra-
men; 766 from Genoa, and 1851 from Brit
ish North America.
This is the first time in the history OF
cotton that any considerable quantity OF
American growth has ever returned to
the United States from abroad.
Governments Report on Crop.
Washington, September 3.-The monthly
report OF the chief of the bureau Of sta
tictics of the department Of agriculture
will show the average condition of cot
ton on August . to have been So, as
compared with 1911 on July 25. 1908 $40
on August 26, 1902. ia on August a.
1901. and a ten-year average Of 72.4.
The following table shows the condi-
ton by states on August 25 in each of