Warren sheaf. [volume] (Warren, Marshall County, Minn.) 1880-current, 1904-01-21
COTTON STILL KING.
Value Of Exports Of This Product Il
{ Likely to Exceed All Records.
Durinx Eleven Months, Ending with
May, They Amounted to Over Five
Millions More Than Any Pre-
49, ceding Eleven Months.

Cotton is still king in the export
records of the United States, and its
record in the present year is likely
to surpass that of any preceding
year. The value of raw cotton ex-
ported in the IL months ending with
May is, according to the preliminary
figures of the treasury bureau OF
statistics, $30s, 747,O95, which is
$5,00O,O0O in excess of the highest
II months record ever heretofore
made. The highest II months figures
recorded by this preliminary state
ment in earlier years were for the
II months ending with May, 1901,
when the total stood at $3O3, 497, SIT.
Should the June figures equal those
of June in the immediately preced-
ing years the total for the fiscal year
would be $317,0OO,O0O. or $4.O00,OO0 in
excess of the banner year 1901. The
quantity exported this year is not
as great as that of the years 1898 and
1899, but owing to the higher prices
received the value is very much
greater than that of those years, and,
of the corresponding months of any
preceding year.
Determined by dividing the number
of pounds into the value stated by
the bureau of statistics records. is,
for the IL months ending with May,
1908, a.57 cents, and for the IL months
ending with May, 1898, 597 cents.
Com narinr tho total va 1noS IF cot
ton exported with those of preced-
ing years, it may be said that 1908
seems likely to show the largest total
value in raw cotton exports of any
year in the history of our commerce.
In 1S4S the total value of raw cotton
exported was, in round terms, &c.,
100000; in 1860, $192,O0O,00O; in 1870,
1927, 100000 III paper, but $1s400O.000
stated in gold; in 1880. $211 200. 600;
in 1890, $25O,000,0OO; in 1900, $242. 00O,-
900; in 1901, $313,OOO,OOO; and, as al
ready indicated. seems likely to be,
for 1908, $317,OOOOO
Meantime the value of cotton ex-
ported in manufactured form has
also increased, and will make it's
year. The total value of cotton man.
ufactures exported in the ten months
ending with April is $27,932. $50, indi-
eating that the total for the full fis-
cal year will probably be about 1884,
100000, against $50, 100000 in 1902,
$24,OOO,OOO in 1900. $lO,OOO.OOO in 1890,
$10,000,00O in 1880, and $4,OOO,O0O in
1870. q
At 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 the United
States last year for the first time
passed the 100000 line, the figures
being 4,0S3,0Oo bales. against 3.644.OO0
in 1900, 3,325,000 bales in 1890, 1885,
600 bales in 1880 and $4,000 bales in
1870.
Meanwhile the importations of for
eign cotton. chiefly Egyptian, are
growing with remarkable rapidity,
the importations. in the present year
being likely to reach 100000
pounds, to which may be added TO-
100000 pounds of "focks," or cotton
waste, with total valuation of
about $12,00o,oOO; against 100000
pounds of raw cotton and $4,000
pounds of waste imported in 1898,
valued at less than $5,00O,O0O. p T