The Bamberg herald. [volume] (Bamberg, S.C.) 1891-1972, 1910-09-15
THE SOUTH IN THE SADDLE
PRODUCT OF COTTON LAST YEAR
GREATEST IN HISTORY.
With Relatively Small Yield, None
tary Result is 500, 100, 900 Greater
Than in Previous Year.


tary Result is S95, ,1OO,OO Greater
Than in Previous Year.
New Orleans, Sept. 6.-That the
value of the cotton which the South
marketed in the commercial season
recently closed far surpassed that of
any previous year in the history of
the country, in spite of a short crop,
was the principal feature Of the an
nual report put out to-day by Col.
Henry C. Hester, for many years Sec
retary and statistician of the New
Orleans cotton exchange.
The money value Of the commerce.
al crop in the season 1909-'10 is
placed at s77S,S94,000, showing
that while the quantity of cotton
marketed was 3,216,000 bales less
than the previous season, it brought
s95,1O0,000 more. This does not in
clude the value of cotton seed which,
if added, would show the actual
wealth producing capacity of the
Southern cotton lands for the COM
mercial year just closed to have been
s9O2,894,000, a gain over 190S-'09
of s127,100,0OO. =
South Holds Lead.
According to complete reports
from both Northern and Southern
milling centres, the South for the
third consecutive season manufact-
ured more cotton than the North
and increased the lead which it held
last season.
To-day's Hester report forms a
detailed supplement to the report on
the crop which was put out at the
close of business, August 81. That
report placed the crop for 19O9-'1O
at 10,609,66S bales, decrease un-
der that of 19OS-'09 of 3,215,7S9,
and under that of 1907-'0S of 962,-
29S. These, Col. Hester says, consti-
tute the face of the figures, but, con-
sidering the falling off in weight
which averaged 6S-1OO pounds per
bale there is the equivalent OF 1885,
900 bales, or a crop equal to 1O,-
472,O00 bales of last years weight.
Grade Of Crop Good.
According to the report the grade
of the crop was good, averaging
practically "strict middling," bare
shade under last year. The average
price of middling cotton for the year
is placed 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 1O,9S9,O0O bales, and says
that as the result of the high prices
the interior has been practically
swept clean, farmers having little or
no old cotton left over and Southern
mill stocks having been materially
decreased.
The report of the crop in the
States is given as follows in thous-
ands of bales:
Report by States.
Alabama, 1,O7S VS.. / 1,42S last year;
Arkansas, 71S VS.. 1862 last year;
Florida, sc VS.. Is last year; Georgia,
1872 VS.. 2,11S last year; Louisiana,
2S2 VS.. 4S5 last year; Oklahoma, 56e
VS.. 7O4 last year; Mississippi, 1,l2l
VS.. 1878 last year; North Carolina,
676 VS.. TAT last year; South Carolina,
1,1S4 VS.. 1898 last year; Tennessee,
etc., 316 VS.. 426 last year; Texas,
2,676, VS.. 3,S19 last year. Total
crop, 1O,610 VS.. 1926 last year.
Regarding the cotton consumption
by Southern mills, the report says:
Consumption in South.
The spindles in the South number
11,5S2,359, including old, idle and
not complete. Three years ago con-
sumption 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
America weights of $4,000 bales,
while the South used the equivalent
of 900, 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 experimenting for the
first time with small amounts of East
Indian cotton and while the aggre-
gate was not large, all of IA institu-