The midland journal. (Rising Sun, Md.) 1885-1947, 1904-01-22
KING OF OUR EXPORTS.
Cotton Average Of Two and Half
Millions Per Day.
GREATEST RECORD DURING YEAR 1908.
Value OF Cotton Exported Duriu. Thst Year
Was 376 Miilisus OF Dollars a1d Daring
LAST Month Over ~ Millions -Rapit
Growth Of Raw Cotton Exports at Same
Time Domest Consumption Increasing.

Washington. D. C..(SpeciaD King
Cotton" inside his greatest record in
the export figures OF the calendar year
1908. From 1883 to 1908 cotton exports
averaged a little more than S75o,ooo
day, in 1908 they averaged more than
$5,ooc,oe per day, in the last three
months OF 1908 they averaged more
than $2,ooo,o 900 per day, and i'll the clos
ing month OF the year, nearly $2,5oo,ooo
per day. Exports OF cotton ran $72,-
100000 and thus averaging $e.5oo,ooo,ooo
per day. Exports of cotton in Decem-
Der, 1908, show greater value than III
any preceding month in the history OF
cotton expectation, the total being
over $72,ooo,ooo and thus averaging
S25o,ooo, 900 for every day OF the month.
The value of cotton exports from
the United States, as shown by the De-
partment' of Commerce and Labor
through its Bureau OF Statistics, was
$378,ooo, 600. These are the preliminary
figures, but will not be materially
changed by the revised statement to be
issued later in the present month. The
total valuc OF the exports exceeds by
$o4 100000 that OF the preceding rec
ord year, 1900, when the value OF the
cotton exported was 1914, 1000 900. The
value OF cotton exports never reached
the 5000, COG, ooo line except in the years
1900, 1901 and 1905. In 1900 the to-
tai was $4,000, 900 in 1901, $3oI. ooo,-
600, and i'll 1908, $378,ooo, 900.
While the total value OF the years
exports of cotton was the highest on
record, the quantity exported did not
reach so high figure as in 1903, when
the value was much below that OF 1908.
The total quantity exported in 1908 was
5000, GOO COO pounds which exceeded that
of any preceding year except 1898.
when the total was 4,I73.ooo,ooo pounds.
The value OF the cotton exports OF 1898,
however, was only $232,758,2o4. or less
than two thirds as much as that OF 1908,
although the quantity i'll 1893 was 10
per cent. greater.
Cotton forms constantly very large
share of the exports, and especially OF the
agricultural exports of the United States
During the entire period from 1883 to
1903 the value OF cotton exported has
aggregated over $1,000 100000 and aver.
aged rs per cent of the total exports OF
domestic products and sc per cent. OF
the agricultural products exported. In
1908 cotton formed about % per cent. OF
the total exports and about 50 per cent
of the total exports of agricultural prod
ucts.
The United Kingdom was in 1905 the
largest customer for our cotton. he
total value of cotton exported from the
United States to the United Kingdom IN
the calendar year 1903 was, in round
terms, $I47,ooo,ooo, and this total OF
STAY. 100000 forms 80 per cent. OF our
total cotton exports in that year. Ger
many stood second in the list of our cot
ton customers, the total value OF our
cotton exported to Germany during the
year being 100000 France was
third in the list of purchasers. our total
exports OF cotton to that country in 1908
being Sal, 900 600 To Italy. which stood
next in the list. the total was Sci 900;
to Russia, nearly 100000: TO Belgium,
about $S,ooo,oo to British North Amer
lea, Sseooooo; to Japan. about S4.soo,-
600. and 70 Mexico. a little over $1,000
600 While the United Kingdom is the
largest purchaser of American cotton,
her increase over preceding years is much
less than tina. of Germany. The total
value of our cotton exports to the United
Kingdom in the year 1908 aggregated but
about S5.ooo,coo in excess of the total tor
1000, while that TO Germany exceeded by
$23,ooo,ooo the total for IGec, the former
record wear