Highland recorder. (Monterey, Highland County, Va.) 1877-1972, 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 During That Year
Was 37S Mill rs of Dollars aud During
Last Mon.h Over II Millions -Rapd
Growth OF Raw Cotton Exports at Same
Tine Domestic Consumption Increasing.

Washington, D. c. (SpeciaD .-"kng
Cotton" inside his greatest record in
the export figures OF the calendar year
1908. From 1883 to 1908 cotton exports
averaged little more than $4,000
day, in 1908 they averaged more than
100000 per day, in the last three
months OF 1908 they averaged more
than S., 600, 900 per day, and i'll the clos
ing month of the year, nearly S2,5oo,ooo
per day. Exports OF cotton ran $72,-
100000 and thus averaging $2,5oo,ooo,ooo
per day. Exports OF cotton i'll Decem-
Der, 1903, show a greater value than III
any preceding month in the history OF
cotton expectation, the total being
over $72,ooo.ooo and thus averaging
$4,000 600 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
S57S.ooo, 900. These are the preliminary
figures, but will not be materially
changed by the revised statement to be
issued later i'll the present month. The
total value OF the exports exceeds by
$64ooo, 900 that OF the preceding rec
ord year, 1000, when the value OF the
cotton exported was $3I4,ooo,ooo. The
value OF cotton exports never reached
the $500, ooo. 900 line except i'll the years
1000, 1901 and 1908. In 1000 the to-
tai was S3I4,ooo,ooo in 1901, $3oI,ooo,-
900, and in 1908, S37S,ooo,ooo.
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 1898, when
the value was much below that OF 1903
The total quantity exported IN 1903 was
1920, 600, 900 pounds which exceeded that
OF any preceding year except 1898,
when the total was 4,t78,ooo,ooo pounds
The valuc OF the cotton exports OF 1890,
however. was only $232,768, 2o4, or less
than two thirds as much as that OF 1908
although the quantity i'll 1893 was IS
per cent. greater
Cotton forms constantly very large
share of the exports, and especially OF tfe
agricultural exports of the United States.
During the entire period from 1888 10
1903 the value of cotton exported has
aggregated over $5.ooo,ooo 900 and aver
aged Is per cent. Of the total exports OF
domestic products and 80 per cent. OF
the agricultural products exported. In
Ioo7 cotton formed about 20 per cent. OF
the total exports and about 80 per cent.
of the total exports of agricultural prod
uCtS.
The United Kingdom was in 1908 the
largest customer for our cotton. he
total valuc OF cotton exported from the
| United States 20 the United Kingdom IN
the calendar year 1908 was, iii rouhl
terms, SI47,oOo,ooO. and TINS total OF
SI47. 100000 forms 80 per cert. OF or
total cotton exports i'll that yer, Ter
manv stool second in the lis Of our cot /
Ton customers. the total Valre of our !
cotton exported % Germany during the
year being $Il.cco eco. France was |
third i'll the list of purchasers. our total
exports of cotton to that country i'll 1908
being s47,ooo,ooo. To Italy, which stood |
next in the list, the total was S2I.ooo ooo;
to Russia, nearly 100000 to Belgium
about $4,000 to British North Amer |
lea, s5.coo,ooo; to Japan. about $4,000
900. and 20 Mexico, a little over $1,000 /
COO. While the United Kingdom is tic |
largest purchaser OF American cotton,
,er increase over preceding years is much |
less than that of Germany The total
value of our cotton exports to the United |
Kingdom in the year 1903 aggregated but
about Ssooocoo in excess of the total for |
1000. while that to Germany exceeded by |
S23 .ooo, 900 the total for 1900, the former |
racor1 1raor