The herald and news. [volume] (Newberry S.C.) 1903-1937, 1910-09-09
SOCTH'S BIG CROP.
Product of Cotton Last Year Greatest
in History-Nearing the Billion
Market.

New Orleans, Sept. 6.-Ihat 1ne
value of the cotton which the South
marketed in the commercial season
recently closed far surpassed that OF
anv previous year in the history OF the
country, in spite of short crop was
the principal feature Of the annual
report put out today by Col. Henry o.
Hester, for many years secretary anc
statistician of the New Orleans cot
ton exchange.
The money value Of the commercial
crop in the season 7909-'l0 is placed
at s777S,S94. 600, showing that While
the quantity of cotton marketed was
3,216,OOO bales less than the previous
season. it brought s95,100,00O more.
This does not include the value of
cotton seed which, if added, would
show the actual wealth producing ca
pacity of the Southern cotton lands
for the commercial year just closed to
have been s902,S94,OO0, gain over
19OS-'O9 of s127,100,000.
South Holds Lead.
According to complete reports from
both Northern and Southern milling
centres the South for the third con-
secutive season manufactured more
cotton than the North and Increased
the lead which it held last season.
Todav's Hester report forms de-
tailed supplement to the report on
the crop which was put out at the
close of business August 81. That re-
port placed the crop for l9O9->lV al
10,609, SOS bales, a decrease under that
of 1s0S-os of 3,215,7s9, and under that
of 1sO7-'Os of 962,29s. These, Col. Hes
ter says, constitute the face OF the
figures, but, considering the falling on
in weight which averaged s $500
pounds per bale there is the eQuival-
ent of 1873, bales, or crop equal to
1O,472,O0O bales of last years weight.
~: Grade of Crop Good.
: According to the report the grade
of the crop was good, averaging prac-
tical1y "strict middling," bare shade
under last year. The average price
of middling cotton for the year is plac-
ed at 14.37 cents per pound, and the
commercial value of the bales at 73.41,
against 49.46 last year, and $50 the
year before. -
The report places the actual growth
at 10,389,000 bales, and says that as
the result of the high prices the in
terror has practically been swept
clean, farmers having little or no old
cotton left oyer and Southern mill
stocks having been materially de-
creased.
The report of the crop in the States
is given as follows in thousands OF
bales:
> Report by States.
Alabama, 1,07S VS.. 1,42S last year;
Arkansas, 71S VS.. 1852 last year;
Florida, SIS VS.. Is last year; Georgia,
1912 VS.. 2,11S last year; Louisiana.
2s2 VS.. 4S5 last year; Oklahoma, 566
VS.. 7O4 last year; Mississippi, 1,121 VS..
1873 last year; North Carolina, 676
vs.. TAT last year; South Carolina. l.
1874 VS.. 1898 last year; Tennessee, ETC.,
316 VS.. 426 last year; Texas. 2,676 VS..
3,S19 last year. Total crop, 1O,610~ VS..
1895 last year.
Regarding the cotton consumption
by Southern mills the report says:
? Consumption in South.
''The spindles in the South number
11,582,359, including old, idle and not
complete. Three years ago consump-
ton. in the cotton States was ahead O.
the rest of the United States 100000
bales; last year the excess was mar
rowed to $4,000 and this year it has
again increased to 100000. This re-
fers to American cotton. The North
used of foreign cotton this year the
equivalent in this years American
weights of $4,000 bales, while the
South used the equivalent of $4,000
but even with these added, the South
is ahead in both American and foreign
cotton to the extent of $4,000 bales.
In the South many mills were expert
menting for the first time with small
amounts of East Indian cotton and
while the aggregate was not large, all
of "a institutions used various de-
scriptions of foreign against only Il
last year,
Used Foreign Cotton.
The consumption of American cot
ton by Northern mills, Col. Hester
puts at 2,174,000, against 100000 last
ye2s He saws the aggregate con-