The Washington times., 1904-01-18
COTTON PASSES
HIGHEST RECORD
Export Figures for Year
Show Marked Gain.
VALUE is OVER S378,OOO,OOO
Great Britain Is Americas Best Gus
toner for Raw Material, and
Germany Is Next.
VALUE is OVER s378.OoO,Oo0

King Cotton made his greatest rec
ord in the export figure of the calendar
year 1905. From 1856 TO 1903 cotton ex-
ports averaged a little more than
ST0.00O a day. In 1903 they averaged
more than 100000 I'm value per day:
in the last three months Of 1903 they
averaged more than S2.0O0.000 per day.
and in the closing month OF the year.
nearly S2500o00 per day. Exports OF
COTTON IN December 1893. show a great
er value than i'm any preceding month
In the history Of cotton expectation.
the total being over S72.000,0O0, and thus
averaging S2.50QCo0 for every day of the
month
The value Of cotton exports from the
United States. as shown by the De
partmclt OF Commerce and Labor.
through its Bureau of Statistics. was
S37S.0oO000. The total value OF the ex-
ports exceeds by S64.000000 that OF the
preceding record year. 1900 when the
value of the cotton exported was S3l4.-
0O9.ote- The value of cotton exports
never reached the $500. 900. 600 line except
~ The Years 1900 1901. and 1903 In 1900
the total was Slll 900 600: in 1901 1901. -
OO0.00o, and in 1906. S31S 600
Highest on Record.
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
IN value was much below that Of 1899
The total ql.4nJity exported in 1903 was
2e2oo90.ooo pounds. which exceeded that
of any preceding year except 1898. when
the total was 417s00O 900 pounds The
value OF the cotton exports OF 1895 how
eyer. was only S2S2. 76S. 2o4 or less than
twothi~ds as much as that Of 1903 al
h. -.
cent greater
Cotton forms constantly a very large
share If the exports. and especially Of
the agricultural exports of the United
states. During The entire period from
1ss2 10 1893 the value of cotton export ed
has aggregated over 5000 Goa. 600 and av-
eraged 3 per cent of The total exports
of domestic products and SO per cent of
the agricultural products exported. in
1893 cotton formed about y per cent of
the total exports and about IS per cent
of the total exports of agricultural prod
ucts.
Largest Customer.
The United Kingdom was in 1900 the
largest customer for our cotton. The
total value of cotton exported from the
United States to the United Kingdom
in the calendar year 1903 was. in round
terms. Slf7 09a.0CD and this total OF
F4rtT'ferN'' ADAflT 60 per cent OF our A0Ldi
cotton exports in that year. Germany
stood second in the list of our cotton
customers. the total value OF our cot
ton exported TO Germany during the
year being Sill .000. 600. France was
third in the list Of purchasers. our to-
tai exports Of cotton to that country in
1913 being S47 10000. To Italy which
stood next in the list. the total was
S21. 100000 TO Russia. nearly SO. OOO. 600: TO
Belgium. about 100000: TO British
North America. 5000 900: to Japan.
about s4.500.00O. and TO Mexico. a little
over $S,0o0oo0 While the United Kingdom
Is the largest purchaser OF American
cotton. her increase over preceding
many
The total value OF our cotton exports
TO the United Kingdom in the year OF
1893 aggregated bat about s. 600 600 i'm
excess Of the total for 1850 while thar
70 Germany exceeded by S2S.Ooo,0cO the
total for 1880 the former record year
Increase In Value
The increase in the value of raw cot
ton exported from the United States has
been especially marked in recent years
Prior 20 1900 the value of our cotton ex.
ports had never reached $500 900 900
since 1900 it has never but once saller
below the 500. 900 900 line. and in 1902
as already stated was $37S. 900. 600 YET
Notwithstanding this fact. the cottor
mills of the United States have durinc
that time consumed a larger quaint,
Of our cotton than ever before Prior
TO 1888 the cotton mills of the United
States had never in a single year con
sumed so much as 5000. 600 bales of tn,
domestic crop; since the beginning o
that year the annual consumption IN.
ranged from 3.500.000 bales upward and
IN 1902 and 1913. respectively. exceeded
4.e050 GO bales. Yet in those very year.
the exports OF raw cotton averaged
before