The times and democrat. [volume] (Orangeburg, S.C.) 1881-current, 1910-09-08
.SOU1H'S COTTON
Sold Last Season for Ninety-Five Million
!. q. Dollars More Than 7 '' 1.
FHE PREVIOUS IS YEAR

FHE PREVIOUS / YEAR |:
!. Although the South Produces Oyer
Three Million Bales Less During
Season or Just Closed, Money Value
Far Surpassed that Of any Other
Year in History Of Country.
That the value Of cotton, which
the South marketed in the CONNER
3;cial season recently closed, far SUR
passed that Of any previous year In
the history of the country; in spite
Of short crop, was the principal
feature Of the annual report put out
Tuesday by Col. Henry G. Hester,
tor many years secretary and stats
tician Of the New Orleans Exchange.
The money value Of the CONNER
eial crop in the: season 1909-10; IS
placed at s77S.Ss4,oo0, showing that
{ while the quantity Of cotton market
ed was 3,216, 900 bales less than the
previous season. it brought SS5, l0O,-
600 more. This does not include the
value OF cotton seed, which, If add
!: ed, would snow the actual wealth
producing capacity of the Southern
cotton lands for the commercial year
closed to have; been 02,S94,000, a
gain over 19Os-9 Of s127,10o,Ooo. {
s. According to complete reports
from both Northern and Southern
milling centres the South for the
third consecutive season manufac-
tured more cotton than the North,
and Increased the lead which it held
last season. 60 =
3 Hester's report forms detailed
report on the crop which was put out
at the ,close of business August 81.
That report placed the crop for 1909
10 at 1O,6O9,66S bales, a decrease
under that Of 190S-S Of 3,215,7ss,
and under that Of 1907-S Of 962,2sS.
These, Col. Hester says, constitute
the face Of the figures, but consld-
ering the falling of in weight, which.
averaged s 62-100 pounds per bale,
there: is the equivalent of 5000
bales. or crop equal to 10,472,000
bales of last years weight.
According to the report. the grade.
was ? good, averaging practically
"strict middEng," bare shade un-
der 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
1874, against 1916 last, year, and
5S.1O the year before. ,E'[
3 The report places the actual
growth at iIO;SSs,oo0 bales, and says
that as the result Of the high prices
the interior has practically been
swept clean, farmers having little or
no. old cotton left over and Southern
mill stocks having been, materially
decreased. .5si1 Gz
The report on the crop in the prin-
cipal States is given as follows in
thousands or bales The this years
figures are compared to those Of last
year as follows:
/ Alabama. lots VS.. 1928.
Arkansas, .71S VS.. 1852.
s Florida, sc VS.. ISL.
Georgia, 1912 Vs. Ais.
Louisiana, 2S2 VS.. 4S5.
Oklahoma, 566 vs. 704.
mississippi, 1,121 VS.. 1878.
North Carolina, ETC., SIS VS.. TAT.
South Carolina, 1,1S4 vs.. 1928.
Tennessee. etc, SIG VS.. 426.
Texas, 1876 VS.. 3,1s9.
Total crop, 1850 vs.. 1926.
Regarding the cotton consump-
ton by Southern mills the report
says.
1.-THE spindles in the South num-
Der 11,5SS.35s, including old, idle
and not complete. Three years ago
consumption in the cotton States was
ahead of the rest of the United
States 100000 bales; last year the
excess was narrowed to $4,000 and
this year it has again increased to
10000. This refers to American
cotton. The North used of foreign
cotton this year the equivalent in
this years American weights Of 1885,
900 bales, while the South used the
equivalent Of 5000 but even with
these added the South is aEead in
both American cotton and for
eign cotton to the extent Of
10000 bales. In the South MANY
mills were experimenting for the first
time with small amounts of East in
dia cotton and, while the aggregate
was not large, all of "a Institutions
used variou. descriptions ct foreign
against only Il last year."
The consum ption of American cot
ton by Northern mills, Col Hester
puts at 2,174 bales. agains; 2,5Vp,-
900 last year. Re says the asgre-
gate consumption, North and South,
was 4,515,0O0 i,ales, while thu used
150 0OO hales of foreign cotton MAX