The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1904-05-23
WEALTH FLOWS IN FROM
GREAT COTTON EXPORTS
Present Fiscal Year VIII See a
Total of 400 Million Dollars
from Cotton Sales Abroad.
INCREASE. IN TEN YEARS
Special to the Indianapolis Journal

Special TO the Indianapolis Journal
WASHINGTON. May 22.-Cotton and its
products will bring more than 100000
into the United States from other parts of
the world in the fiscal year which will end
with next month Last year the total ex-
ports of cotton and its products amounted
TO S376,0o0,000 and a statement just issued
by the Department of Commerce and La
Dor. through its Bureau of Statistics. shows
that in raw cotton alone the total for the
present year exceeds the figures of last year
by nearly S0,OOO,OOO. thus indicating that the
grand total of cotton and its products ex-
ported will exceed 500. 600 in value.
The products of cotton other than the
raw cotton fiber which go to form this enor-
nous total, far exceeding in value that of
any other single crop exported, are cot
ton-seed oil. cotton-seed meal. cotton
waste, cotton seed in the natural state and
and cotton-seed meal the growth in exports
during recent years has been very great.
and their exports now amount to more than
100000 annually. while but comparative
ly short time ago the cotton seed from
which they are manufactured was consid-
cred valueless. The value of cotton-seed
oil exported from the United States last
year over $14.000000. In the present
year the figure falls somewhat below that
of last year owing to the large home de-
mand. and something of falling of In the
The value of cotton-seed oil exported from
the United States during the past decade
aggregates a round $lO5,0c0OoO. In 1883 the
total value OF cotton-seed oil exported
amounted to only a little over 100000. In
1890 however, il was over 100000; in 1925,
100000; by 1900 it had grown to S14,0ooOo0,
and in 1903 Ii was S4250,000.
Cotton-seed meal is another article or
compare lively recent development in our
export trade. Prior to 1894 the amount ex-
ported was not considered of SUFFICIENT I'M
ACra acav1ff N
the list of articles exported from the
United States. In 1895 the total was about
100000; in 1898 it was 100000; In 100,
100000, and by 1903 had grown to $l2,-
10000
The European countries are the chief con-
sumers of both of these newly developed
classes of products from cotton seed; OF
the 100000 worth of cotton-seed oil ex-
ported in the fiscal year 1908, over $500, 600
worth went to France, over SS,45O.Oo0 to
Netherlands, nearly S1,5Oo,0C 10 Austria
Hungary, more than sl.250,0o0 10 Germany
and about s1,500.000 worth to other European
countries, principally the United Kingdom.
Mexico, Brazil and other tropical countries
also take considerable quantities of cotton
seed oil, which is a substitute in many
cases for olive oil, formerly imported large
ly into those countries. To Mexico the
exports of cotton-seed oil in 1903 were over
81, 0000 in value, and have ranged at about
that figure for several years.
OF oil cake and oil-cake meal exported
from the United States last year. amounting
from cotton seed, S45O0.000 worth went &c
Germany, 100000 to Belgium. SS,50o0O0 to
Netherlands and a little less than So, 500, 00t
to the United Kingdom.
Cotton manufactures form another I'M
portant class in this general group of cot
ton and its products exported The total
value of cotton manufacturers exported
during the present year will fall materially
below that of last year, partly by reason
of the high price of cotton and partly by
reason of conditions in the Orient, to which
a large proportion of the cotton cloths ex-
ported from the United States in recent
years has been sent. Our tota
exports of cotton manufactures had
never reached as much as s10,000,0O0 prior
to 1877 BY 1887 the total amounted to prac-
tically s15,Oo0c00: by 1897, to 81 1000; and
year the total probably will not exceed
SIS, OOo, 900 in value.
In the nine months ended March 81, the
total expectation of cotton manufactures
was about 100000 below that of the cor
. responding months of last year, and $780,
600 of this reduction was in the exports &c
China, where domestic manufacture of cot.
from India and Japan are becoming more
competitive each year. This is especially
true in years of high prices, such as that
of 1903.
The table which follows shows the tota
value of the various products of cotton ex-
ported from the United States in the nine
months ended with March 81, 1904 com
| figures indicate that the grand total o,
cotton and its products exported durins
| the fiscal year will amount to about s40
| 600 900:
| Cotton and cotton products.
Nine months ending March 81.