The Aberdeen weekly. [volume] (Aberdeen, Miss.) 1878-1933, 1908-11-13
Some Cotton Figures and Talk.


august 3lst. 1903 presents facts
that are pertinent to the interest q
every person living in the cotton
growing section
The bulletin arranges the facts
under three heads First. the sup
ply Of cotton, the distribution, the
imports and exports. spindles, cot
ton, consumed and stocks in hands
Of actual holders at expiration OF the
period named. Second, all data
regarding the cotton manufactur-
ing industry in foreign countries.
Third, Historical matter as to cot
ton manufactured in this country.
With respect to the first head,
the supply on hand, September lst.
1908 was found to be 10, 358. 701
bales, or l ,667 ,O13 bales less than
on corresponding date in 1907, or
Il per cent. The cotton imported
va. 30 per cent less than during
the year 1907, and So per cent Of
this was Of Egyptian growth.
1t is quite noteworthy to observe
that the figures of supply fail to
balance those of distribution BY
only 10, 438 bales. which is ac-
counted for BY various discrepancies
which arise in handling from the
gin to the open markets OF the
4 ,545, 300 bales, the total cotton
supply Of the country for 1908, "a
per cent was consumed in the
United States, 81 per cent, was ex.
ported and 9 per cent, remained in
the country at the close Of the year.
The comparative figures for 1907,
were 80 per cent consumed, 81 per
cent exported and 10 per cent re-
naming in the country. The
quantity consumed during the year
was 445, 1856 bales less than in 1907,
which is accounted for by the finan-
cial disturbance which prevailed
during that year. One curious dis
closure Of the bulletin shows that
of the foreign growth cotton con
sumed in this country, more than
80 per cent was used in the cotton
growing states.
By far, the greatest amount of
cotton consumed is manufactured
into products by mills operatir 2
spindles, the balance, consisting
mostly Of short staples and fiber
saved by cotton seed mills, in re
ginning, is made into mattresses,
hats. twines. upholstering. etc.
The total quantity of cotton left
in the country on August 31st.
1908 was 258, 500 bales, or Is per
cent less than on even date in 1907.
and stocks held by manufacturers
were ~ per cent less than then.
The quantity of cotton exported
from this country, however. was
nearly million bales less than
were exported last year This
falling off is attributed to the small
takings Of China, and emphasizes
the need of a wider range Of mar
kets for American manufacturers.
Under the second head of the
bulletin, the number of cotton
spindles in operation is discussed in
comparison with those kept busy
in other years. and shows that
since 1900 their number has in
creased % per cent, and the con-
sumption of cotton "a per cent.
Under the influence of actual
conditions, az above set forth, it
is difficult to comprehend Why cot
ton should be at lower price now
than year ago.
The bulletin in some measures
explains by citing the financial de-
preston which disturbed the COM
mercial world and operated to shut
down many mills in this and
foreign countries. Also, a crisis of
labor troubles occurred at Manches-
ter, curtailing demand and factory
production.
The most important feature OF
the bulletin shows that the world 5
production of cotton in 1907 was
inadequate to its consum ption by
2, 34O,O bales, that amount being
drawn from the accumulated stocks
during the present cotton year.
closing Sept. list.
1t may be interesting to know
that this country produces two thirds
of the cotton consumed by the
world. and that during the past |
year II, 100000 bales of American
cotton were consumed. In 1907 |
only II, 100000 bales were pro-
duced in this country. and the /
prospect for much larger crop in
1908 is not yet in view. In the |
light of these figures and facts,
it is but reasoning'to a conclusion
that the present crop of cotton is
worth mora than i no,v l.aino, Maid