The herald and news. [volume] (Newberry S.C.) 1903-1937, 1910-10-25

thlther chiefly from Egypt and, III
less quantities from British colonies.
The next largest contributor after
Egypt and England is Peru, from
which six and three fourth million
pounds, value a S1,0S5,97S, were i'm
ported. From British India nearly
five and one-half million pounds.
valued at S543.607, were imported;
from China, over four and one-fourth
million pounds, valued at s526,0SO;
from Haiti, S51,OO2 pounds valued at
$134,11S; Mexico, 1926 pounds,
valued at S6,55S: and from the Dutch
East Indies-Jaya and Sumatra-
3!3,044 pounds. valued at S3S,432, with
smaller quantities from Ven azuela,
Santo Domingo, the British West In
dies, and Nicaragua; while from Can
ada 46,422 pounds, brought to tha;
country from other parts Of the world,
were imported.
The average price Of this imported
cotton was, in 1910, about 80 per cent
higher than that Of American cotton
exported in the same year, while 4
few years ago the average price Of i'm
ported cotton was nearly or quite 100
Ter cent higher than the average eH-
port price of domestic cotton. This
is probably due to the increasing
share which, cotton from countries
other than Egypt forms of the total
i1r ports of that article. Egyptian
cotton, by reason Of its length and
fneness Of staple always commands
price materially higher than that of
American upland, the average import
price of cotton brought from Egypt
having been, in 1910, 20 cents per
pound, against an average export
price for American upland in that
year Of II cents; and, in 1905, - 1-2
cents for Egyptian, against a little
less than cents for American. This
question Of price Indicates quite clear
" that the 100000 pounds of COT
ton imported from England in 1910
was also Of Egyptian origin, its aver
age import price having been 20 cents
Fer pound, or approximately the same
as that imported direct from Egypt.
The six. and three-fourth million
pounds imported from Peru averaged
16 cents per pound, or a little more
than the export price of domestic cot
ton; from India, about 10 cents per
pound, and from China, II 1-2 cents.
China, India and Peru sent larger
quantities Of cotton to the United
States in 1910 than ever before. I'M
ports of Chinese cotton but once
reached as much as half million
pounds prior to 1909, when the total
was one=and one-half million pounds,
against four and one-half million in
1910. From India cotton imports had
never reached as much as half mil
lion pounds prior to 1907 and in 1910
for the first time exceeded one million
pounds, having been in that year five
and -ora-half million pounds, against
$4,000 pounds in 1909. From Peru
the importaticns in considerable
quantities extend over much longer
term CT years. having averaged more
than one million pounds per annum in
the decade. 1S92-190t, advancing to
four million in 1907 ald six and three
fourth million in 1910. From; Mexico
the quantity imported has greatly
fuctuated, from eleven million pounds
in 1907 to but 1926 pounds in 1910,
this marked reduction being presunl-
ably due, in part at least, to the de-
velopment of the cotton manufactur-
Ing industry in that country.
Meantime with the steady growth
in impcrtations Of cotton-those of
1910 having been, with three excaD-
tions, 1902, 1907 and 1909, the largest
on record-the quantity of American
cotton consumed in our own markets
is rapidly increasing, having grown
from 100000 bales in 1870 to a lit
tie less than 100000 bales in 1880,
100000 bales in 1890, 100000 bales
in 1900, and over 100000 bales in
1908 and 1909, while the share which
Southern mills take Of this total has
increased from less than 10 per cent
in 1870 to practically 50 per cent in
1909, and figures published by the bu-
reau of statistics indicate that the
amount of cotton consumed by South
ern mills in the cotton year 1910 ac-
tually exceeded that consumed by