Macon beacon. [volume] (Macon, Miss.) 1859-1995, 1904-05-28
THE MONEY INFLOW
FROM COTTON CROP
1t Brought in More Than $780,
100000 the Last Fiscal Year.
VALUE OF THE BY-PR0DUCTS
They Include Cotton-Sced OH, Cot
ton-sccd Meal, Cotton Waste
and cotton Seed In the
Natural State.

'oHhih6iOhs 4ihs l. SOAA'n dilu iNo
products will bring more than $780,
000,00 into the United States from 9TH
err parts Of the world in the fiscal year
which ends next month. Last year the
Total export of cotton and its products
amounted to 1916, 000, 600, and a state
ment just issued by the department of
commerce and labor through its bureau
OF statistics shows that in raw cotton
alone the total for the present year ex-
ceeds the figures of last year by nearly
$50, 600, 900. thus indicating that the
grand total of cotton and its products
exported will exceed $500, O00, 900 in
value.
The Products of Cotton.
The products of cotton, other than
enormous total, far exceeding in value
those of any other single crop exported,
are cotton-seed oil. cotton-seed meal,
cotton waste. cotton seed in the nat
ural state and cotton manufactures.
The. value of cotton-seed oil export
ed from the United States during the
past decade aggregates a round $685.
600, 900. In 1889 the total value of cot
ton-seed oil exported amounted to a
little more than s 1000, 900. In 1890,
however, it was over s., 900, 900; in 1895,
$4,000, 900; by 1890 it had grown to
$4,000 900, and in 1903 it was $14 ,5OO,-
600.
Cotton-seed meal is an article of
comparatively recent development in
the country's export trade. Prior TO
1894 the amount exported vas not con-
sidered of sufficient importance to JUS
tify its separate statement in the list
of articles exported from the United
States. In 1895 the total was about
s 1000, 900; in 1898 it was $4,000 600; in
1900. sll 900 900, and by 1903 had grown
to $12, 10000.
European Countries Buy Heavily.
The European countries are the
chief consumers of both of these new-
ly-developed classes of products of cot
ton seed. OF the s14. 000, 900 worth of
c~otton-seed oil, exported in the fiscal
year 1908, more than 81, 500 1000 worth
went to France, more than So, $50, 900
to the Netherlands, nearly 81 500, 900 to
Austria Hungary, more than $1,250,O 900
to Germany and about 81, 800, 900 worth
to other European(countries, principal
ly 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.
Cotton manufactures form another
important class in this general group
of cotton and its products exported.
The total value of cotton manufactures
exported during the present year will
fall materially below that Of last year,
partly by reason Of the high prices of
cotton. and partly by reason of con-
ditions in the Orient. to which a large
proportion of the cotton clothes ex-
ported from the United States in re-
cent years has been sent.
Growth of Exports.
Our total exports of cotton manufac-
lures had never reached as much as
$40, 000, 900 prior to 1877. BY 1887 the
total amounted to practically SIS ,000,-
600; by 1897, to s21 900, 900, and in 1903
to $50, 90, 900. In the present fiscal year
the total will probably not exceed $25,-
000, 900 in value,
In the nine months ending with
March the total expectation of cotton
manufactures was about $4,000, 900 less
than that of the corresponding months
of last year, and 1880, 900 of this re-
duction was in the exports to China,
where domestice manufacture of cotton
is increasing somewhat, and imports
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 shorter staple cotton of India
proves very acceptable for use in the
class Of goods largely utilized in China,
and this fact explains in part, at least,
the reduction in our exports of this
class of goods to China in a year of
such high prices for cotton.