The Monticellonian., 1904-05-26

Washington, May 24-Cotton and it's products will bring more than $40O.- poo, 900 into the United States from oth- ST parts of the world in the fiscal year which ends next month Last year the | total export of cotton and it's products amounted to s376,000. 900. and state ment just issued by the department of commerce and labor through it's bureau of statistics shows that in raw cotton alone the total for the present year ex- | ceeds the figures of last year by nearly S50. .000 900, thus indicating that the grand total of cotton and it's products exported will exceed S400 1000. 900 ia value
 The Products of Cotton. The products of cotton, other than raw cotton fiber, which go to form this 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 $105. 100000 In 1889 the total value of cot ton-seed oil exported amounted to little more than sl ,00O.0 GOO In 1890. however. it was over $5,000 0G0; in 1895. $6 900. 900; by 1890 it had grown to $i4. 900 900, and in 1903 1t was sl4 ,500,- 000
 Cotton-seed meal is an article of comparatively recent development in the country's export trade Prior to 1894 the amount exported was not con- sidered of sufficient importance to jgs- tify it's separate statement in the list of articles exported from the United States. In 1895 the total was about $4 900 900; in 1898 1t was SS, 100000 in 1900. sil DOC. .000 and by 1903 had grown to SIP. 750, 900.
 European Countries Buy Heavily.
 The European eoqrtrie5 are the chief consumers of both of these new ly-developed classes of products of cot ton seed. Of the sl4 900. 900 worth of cotton-seed oil. exported in the fiscal year 1903. more than $2 50000G worth went to France, more than $3 750. .000 to the Netherlands, nearly S1 ,500, 900 to Austria Hungary. more than S1, ,250, ,000 to Germany and about s1 .500,0 worth to other Europeanfeountries principal ly the United Kingdom, Mexico, Brazil and other tropical countries also take considerable quantities of cottos-seed oil. which is substitute in many cases for olive oil.
 Cotton manufactures form another important class in this general group of cotton and it's 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 $10 900 900 prior to 1871 By 1887 the total amounted to practically Sl5 ,0s0, 000 by 1897, to $21 900 900. and in 1903 to s32 00, 900. In the present fiscal year the total will probably not exceed $25.- 900 900 in value.
 In the nine months ending with March the total exportation of cotton manufactures was about sS.000 900 less than that of the cores bonding months of last year, and s7500 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