The Montgomery advertiser., 1906-09-06

New Orleans, Sept. 5.-The annual cotton statistics issued by Secretary Hester of the New Orleans cotton ex- change, which were summarized last night were Issued in full day. In part MT. Hester says:
 In reference to the general cotton manufacturing industry in the United States, the American mills, north ana south, have had a season of unparai- elled activity In no past year nave they consumed as much cotton and had 1t not been for the lack of labor, es- pecially in the south, they would have materially exceeded the handsome to- tai given in this report.
 It now looks, Secretary Hester says as if the transfer of the seat of cotton manufacturing to this side of the At lantic had commenced in earnest and that the turn of the tide which mas been anticipated for some years past | has at last set in. Six years ago in 1900 he says. the total takings or American mills, north and south were 3.665.4l2 bales. This year they con sumed 4.724.7O3 and the total would have reached if not exceeded 5,O0O,0OO bales had the necessary mill help been obtained.
 If may be stated as fixed fact, he | says. that the factories of the United States, need at the inside 5.000,0O0 bales | of raw cotton annually. How much more in the near future 1t would De ! dificult to forecast. Compared wleS eS | last year the mills north increaseo their consumption of American growth | s24 OOO and those of the south 2lO,OVO | or say together 534,000 bales while the mills abroad used 1s6,000 American bales less.
 All of the commercial crop of H.
 s46,ooo, MT. Hester says, was useo Is us
 and the reserves carried over ron the wear l904-05 were trenched upon
 to the extent of s40.000 bales. This he says. was not low priced cotton, foi
 there was not a month during the sea
 son. if we except August, which wal
 unduly depressed by the shadow ol
 the new crop in which the value aver
 aged below $52.bS per bale for mlo'
 ding. while in November and Deeeih
 Der the months in which more thal
 one third of the years growth wa
 placed upon the market-the aVerds
 ing per bale were s5S.0s and $61.2o re
 spectively.
 Briefly there was a strong and heal 1 tbv demand, eVidencing that the mlli
 were eager and willing buyers or cot
 ton from II to 12 cents per pound witl
 trade conditions to justify It. In th
 south, he says. the labor questlou
 which limited the consumption. wa
 not so much in the decrease In th number of hands ana In the increas in the number of mills ans spindles. The same story. Mir. Hestsr says must be gone over in relation to marc of the spindles. Mills that were idi
 last year and the year before resume 2 work and others enlarged their eapael , tv. The active in the south shoWs , more mills, while idle concerns nav , been reduced from 3S at this time las season to 20. The roster shows l I growing concerns 625.24i increase | spindles while 1t embraces new m : uncompleted mills with 5IS,42O. man
 of which are due to come into pla
 during the new season.
 Tn addition. he has reports or man e new mills projected, number Of whie d exnect to commence building within tn y | next two months = Tn addition to the 4.S35, 900 bales use s bv the mills north and south, they All n nsed foreign cotton equivalent f American weights to 1S4,000 bale f making their total consumption Of al n domestic and foreign 4.s59.00O again . 44s4.O 900 last year, total increase { e 475. OOO Mir. Hester puts the world n consumption of American cotton (
 i2'1s6,O0O against 11.SSS.o0O last ye'