The weekly Republican. (Plymouth, Ind.) 1911-1922, 1911-07-13
COTTON S574 MILLION
Foodstuffs and Tobacco Show Large
Returns-Europe the Caief Pur-
chaser and Our Best Gus
toner.

gregats billion dollars in the fiscal
year which ends with the month of
June. The Government fiscal wear
has for many years ended at the mid
die OF the calender year, the promise
being to give opportunity to classify
and arrange the years figure in time
for consideration by the congress-
whose regular date of meeting is the
first Monday in December, thus the
fBureau of Statistics of the depart
ment of commerce and labor presents
its detailed yearly report of commerce
for the year ending June 80. Figures
for the IL of the II months of the
fiscal year 1911 are now available
and show exports of cotton 574 mill
ion of dollars, foodstuffs 354 million
of dollars and tobacco 81 million. a
total for the II months ending with
May of 963 million dollars, making
it quite apparent that the sum added
for the month of June will bring the
total exports of farm products during
the fiscal year 1911 above the billion
dollar line.
Cotton as above indicated. is by
far the largest single item. 574 mill
ion dollars worth being exported In
the II months ending with Ma, indi-
eating that the total for the full fis-
cal year will approximate $50 million
dollars, against asa million in the fis-
cal year 1911 and 4S1 million - the
former high record year. 1911 This
very large increase in the value Of
cotton exports in the fiscal year 1911
over that of any earlier year is due
chiefly to the high prices, the guam
tity of cotton exported in 1911 being
materially less than in 1909 or 1907
while the value will exceed by more
than 100 million dollars that Of the
wears in which quantity was great
er than in 1911. The average ex-
port price of domestic cotton In May
1911 was Is. ! cents per lb. and for
the 9 months ending with Nav. IA 5
cents per ID. against IA. 2 cents IN
the cotton year 1910; II cents in
| 1904 IL. cents In all cases for the
cotton year ending with August 31st.
Meat and dairy products show a
marked increase in value of exports
I'M the fiscal year 1911. when oompar-
ed with the Immediately proceeding
year, being for the IL months end
ing with MAY. 1852 million dollars
against 12O million in the same
month of last year and for the sin
gle month of Nav. 1872 million doll
ars, against million for the CORES
ponding month of last year. This
increase is due in nearly all cases to
larger quantities, the prices being In
most cases lower than last year. For
example the average export price OF
bacon in the month of Nav. 1911, Is
II. 8 cents per pound, against 10. 3
cents per pound in Nav of last year
hams. IL. s cents per ID. against 14.6
In May a year ago; lard. 90 cents
per lb against 1877 cents in the cor
RESPONDING month last year: butter,
2O.7 cents per h., against 25.5 cents
In Nav year ago: and cheese. lib
cents per lb against 15.5 cents In
May last year.
Other articles showing an increase
in value of exports in the fiscal year
1911 over that of the corresponding
period Of the proceeding fiscal year
are fruits, % million dollars, against
l173z million year ago; corn, 80 mill
| ion, against "a million in the CORES
ponding period of 1910; while cotton
seed oil, oil cake and meal, and Hour
also show slight advances in the to-
tai value of exports when compared
with the corresponding period of last
wear, though wheat shows marked
decline in the IL months ending with
Nav, 1911, being but 81 IL million
dollars in value, against AZ 1-3 mil
hon in the corresponding months OF
1910.
Europe is, Of course, the chief pur-
chaser of these exports of farm prod
ucts. Most of the cotton goes to Eu-
rope, comparatively small quantities,
however, going to Canada and Japan,
and Europe is also the chief custom
| err for wheat, cotton seed oil, oil
cake, live cattle, and tobacco. or
meat and dairy products, the South
and Central American countries,
Mexico, and the West Indian Is
lands take considerable quantities.
tbouob more than half Of the meats