The Grenada sentinel., 1903-11-21
GRENADA, MISS, NOVEMBER 21; 1903.
BIG EXPORTS OF COTTON.
Over 500. 600. 600 in October. or
$4,000. 900 a Day.

WASHINGTON, Nov. l5.--Two mill
lions of dollars day is a snug sum
for the total receipts from the sale of
single agricultural product in a
single country, even such country
as tho United %6tates. That is the
figure shown by the report Of the de-
partment Of commerce and labor,
through it's bureau Of statistics, as
the value of the cotton exported from
the United States in the month of
October, 1908.
The preliminary statement Of the
bureau for the October exports shows
the value of cotton exported in the
month of October to be $50, ,283, 4l2,,
against $42, 900, ,OOO in October, 1902,
s46,OOO,0OO in October 1901, and
$50, 474 ,437 in October, 1900. The
total quality exported in October,
1908, as shown by this preliminary
statement, was 594, 5O4.872 pounds,
bringing; an average price OF 1O.1 cents
per pound.
This figure of $50, ,0OO,O0 receipts
FOR cotton in single month is not
equaled in the history OF cotton ex-
ports except in the month CT October,
1900, when the total value of cotton
exported was $50, ,474,437 Even the
figures OF $50, ,2S3. 412 for the month
of October, 1903 are subject to a
slight prospective increase, as this
preliminary statement Of the bureau
Of statistics does not include the
figures of certain distant ports
through which small quantities OF cot
TN are exported.
1t should not be understood from
the above statement that the value OF
cotton experts of the United States
averages $4,000, 900 per day the year
around. although they have averaged
s., 900. 900 per day during the month
or October. Taking the entire year,
ii may be said, however, that the val
ne OF cotton exports now averages 81
0oo. 600 per day for each business day
OF the year. In the Il months end
in. with October, 1903, the total
value Of cotton exported WAS $780,
HOG, 3l4, and in the fiscal year ending
.junc 50, 1908, was $3lG, 1885, ,42o.
'rhcsn figures, either those Of the
fiscal year ending June 80, 1903. or
tnoSe OF the twelve months ending
October 81. 1908, show larger total
(tliat Of value received for cottOn)
| than in any preceding year in the
| history of the country. Ia only two
Escal years in the history OF the
country has the value Of cotton ex-
ports exceeded $500, 600. 900, namely,
| 1901. s3l3, 3,G73.4 443. and 1903 a316.
lSO,429. Prior to 1860 the exports OF
cotton had never reached as much as
5000, 900, 900 in value.
! From 1866 to 1900 they ranged
between 500, 900, 900 and $50, 600. OOt
and in 1901, for the first time, passet
the $500, 900, 900 line, being as above
indicated. 1913 673, 443: in 1902 the,
dropped to $500, G5l, ,Sl9 and in 100:
we're s3lG, 1s0,+2o, while in tn,
twelve tmonths ending with October
1903, the total is 1920, ,4OG,314. II
quantity the figures Of 1905 do no
reach bigh-water mark, being TIN
fiscal year 43,O43,O22 pound
against $3.50, 264,2 in 1898, TIN
year of the largest export in quantity
The increased price, however, ha
resulted IN the facts above stated,
greater total value of cotton expOrta
tions in 1893 than in any proceeding
year.
The total value Of cotton and it
products exported from the Unite'
States in the fiscal year 1908 wa
1876, 7G7 ,645, or an average OF NOR
than $1,000, 900 per day. Value q
: cotton exports in the years of highes
record. from 1884 to 1901.