The Montgomery advertiser., 1904-08-07
Advertiser Bureau.
Colorado Building,

Washington, Aug. ..
An exhaustive report on The Com
mercial Cotton Crops" designated as
Bulletin 49," has just been issued by
the Department Of Agriculture. the
bulletin was prepared by James L.
watkins, formerly Of Birmingham, who
u the cotton expert Of the Bureau OF
Statistics. 1t IL not the first bulletin
of the kind. but II 10 the most complete
and important to the cotton trade. con-
tanning some new features Of practical
interest.
The main topics are. in the order
named: Supremacy OF cotton con-
sumption. wide range OF prices tne
most valuable crop on record. co
mercial crops since the season OF IsoV-
1901, method adopted, commercial crops
of each state with comparisons. sn'p
ments OF cotton from railway stations
By states, progress OF cotton spinning
in the Southern States, consumption OF
cotton at the principal mill points, sea
island crops, course of prices. cost OF
picking cotton, comparative Vaiue OF
labor in picking cotton, exports, Tor
eirn consumption Of American cotton.
cotton imports, worlds cotton spindles
AMI consumption, cotton acreage since
1897, crops since 1928. cotton IN
dustry in Brazil, cotton imported into
Great Britain, 1880 " AVVS' eho oAAN .
cotton crop, 1855 to 1902.
an the Departments report on the
cotton crop for the year 1889" says
the bulletin, attention was called to
the fact that for the first time the
United States had taken the lead OF
all other countries in the consumption
of raw cotton. It still holds the supre-
macy, our mills having consumed over
1000 900 bales in 1923, or $4,000
bales in excess of the estimated con-
sumption of Great Britain. Every
year witnessed a large increase Id the
spinning capacity Of the mills OF this
country 1t has been greater than
that Of any other cotton manufactur-
ing country, and, during the past
three years, even greater than that Of
all the countries of Europe combined
This Is full of Significance, not only
Indicating an indefinite continuance OF
our supremacy in the consumption OF
cotton, but the advanced position we
have already taken in the manufact-
ure of cotton goods.
Another feature of the crops under
consideration in this report worthy or
notice relates to the unusually wide
rarge of prices during the seasons
l90O-1901 and 1903. From b-s cents
a pound on September /, 1900, the price
of middling upland advanced to ~
rents on January %, 1902, in the New
York market, and on August declined
to cents a pound. showing difference
during the season of cents in the
highest and lowest quotations At the
beginning of the season 1902-o3 the
spct-cotton market opened in New
York at Q cents and in New Orleans at
3 SIS cents a pound. The lowest price
touched during the year in New York
was $50 cents in November. 1902, and
the highest price, 13 IL cents, in July.
iec3. showing a difference Of nearly
s IA cents. The lowest price for the
year in New Orleans was 5-s cents
In November 1902. and the highest price
IS 5-s cents in June and July. 1908, a
difference of 8 cents. Beginning with
February, 1908. prices advanced sharp
iy. and under the manipulation Of spec
ulators continued to do so throughout
the remainder of the season. A bull
clique" was formed which managed to