Arizona republican., 1909-11-22
THE EXPORT
 IF COTTON Figures For October Show
 a Broken Record BY NEARLY s1O,OO0,OO0.
Exports for the Year End ing the Same Month Ex- ceeded Those of Any 9th CT Year By More Than S25,OOO,OOO

l Washington. Nov .l.-Cotton ex- ports last month exceeded in value | those of any earlier month in the history of the cotton trade of the United States. The total value Of ! cotton exported in ;he month of October. 1909. was. according to the latest reports of tine Bureau or Statistics cf the D-partment of Com merce and Labor. SsS. .SS3.350. while no other month ever exceeded the 1. million dollar line in the value of cotton sent out of the country. 1 The value of the cotton exports for the ten months ending with October. 1909, was s32S.525.SS5 against SsI6.- 6sS.265 in the corresponding period Of l907.- the highest record ever at tained for a like period
 The highest record of value of cotton exports, made by the month Of October and by the 10 months end ing with October. 1909. suggests that the value of cotton exported { In the calendar year 1909. may prob ably exceed that of any earlier year in the history of the export trade. and should the figures for November and December equal those of October. the total value of cotton exported would cross the 500 million dollar line
 The high water mark in the value of cotton exported is the result of the combination of large quantities and high prices. The quantity of cotton exported in the ten months
 
 152.254 pounds, d total larger than that in the corresponding period of any earlier year except 1905, while the October export value per pound was higher than in october of any earlier year. averaging l3.i cents in October 1909. against 9l cents in October. 1908: i1.6 cents in October. 1907, and l0S cents in October 1906. The average price per pound for the entire ten months period was over l2 cents per pound.
 Cotton exports show a more rapid growth in recent years than those of any other of the natural products of the United States. In wheat and corn and meats the growth which characterized the closing quarter of the nineteenth century has been less apparent within the past few years. Indicating that the growing home demand for these natural products is reducing the share thereof which We are able to spare for other parts of the world. In the case of cotton. however. while the home consumption has enormously Increased. the pro- ductiOn has fully kept pace with rh as,A Lz growing demands of the outside world. The quantity of cotton eN- ported which had never reached three billion pounds per aunum prior to 1895. has but once fallen below three billions per annum since that year. and on two occasion--1905 and 1907- exceeded four billion pounds and seems likely tO again cross the four billion line in the calendar year 1909. The value of cotton exports never touched the goo million dollar line until the fiscal year 1901 and has but once since that date fallen be- low 300 millions, and in the fiscal years 1906 1907 1905 and 1909. ex- ceeded in each case 409 million dol lars. The value Of cotton exported in the decade ending with 1909 was S3,650, 577, 273. against s2,265,6 ,639.075 in the decade ending with 1899.
 Europe is. of course. the principal market for this largest single article of our export trade. or the 417 mil lion dollars worth Of cotton export ed in the fiscal year 1903. l72A mil lion dollars worth went to the Unit ed Kingdom. ll2I2 millions to Ger many, 5i millions to France. 27 mil- lions to Italy, 14l2 millions to Spain, 7L millions to Belgium. 4is millions to Russia, and S12 millions to the other sections Of Europe: the re- mainder of the exports of the year being to Japan 101s million dollars value: Canada. 6 l3 millions, and Mexico. 2h millions.