The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1911-01-17
COTTON EXPORTS
Of UNITED STATES
Last Year Record Break
err as to Value
s53o,0OO,0O0 THE AMOUNT
This New Record Exceeded by More
Than $50. 00G. 900 the Previous Best
Year in the Value According to the
Rureau of StatisticS-Ihe Quantity
Vas Materially Less Than In Certain
Earlier Years

IL
Earlier Years.
fRy the associated Press.)
D. c., Jan 13,-The
highest record ever made in the ey-
ports Of raw cotton from the United
states was achieved IN 1910. when
$4,000, 900 worth of the product was
sent to foreign lands. This new rec
ord exceeded by more than $4,000
900 the previous best year in the value
Of cotton exported. according to the
Bureau OF Statistics Of the Depart
ment of Commerce and Labor.
The quantity exported, however,
was materially less than in certain
earlier years, having been but 3,641,-
100000 pounds, against 4,S74,0OO,00o
in 1908, when the value was but S439,-
900, goo. The average export price in
1910 was IA u cents per pound, against
practically 10 cents in 1903, the high
record year for quantity. the average
export price in 1910 having been
higher than in any veal since 1874
December, 1910, also shows the high
est monthly record. the total value Of
cotton exports in that month being, in
round terms, S103, 0O0. 900. while no
earlier month ever reached the $780,
900, 600 line. The average export
price in December vas 14.8 ent per
pound, while in the months of July
and August h average was Il cents
per pound
This $500, 100000 worth Of raw cot
ton exported represents approximately
two-thirds Of the production of the
country, a comparison Of the figures
of production an Nortation for a
long term Of years showing hat about
one-third of the crop is usually re-
tanned for domestic use; and this sug-
gests q of approximately
$500, 000,00 for the total raw cotton
product Of the year represented by
these export figures. To this, how
ever, must be added the value OF the
cotton seed, Of which the expectation
in the form of oil amounted to nearly
s13, 600, 600 and those Of oil cake about
100000. 600, while, Of course. large
quantities of both were consumed in
the United States.
The countries to which this $780,
900, 600 worth Of cotton exported in
1910 went, stated in order of mag
nftude of their purchases, are: the
United Kingdom, approximately s243,-
100000: Germany, $40, 600, 900;
France, $50, 900 @ Italy, s2S.OO0,-
900; Spain. $4,000, 600; Canada. SO
0 10000; and Japan. $4,000, 600; these
figures being based necessarily on es-
Inmates for the month of December.
The United States is by far the
worlds largest producer Of cotton. An
estlmate of the cotton production Of
of the world for the season 1901
supplied to the Bureau of Statistics is
for the Unied States. 10.155,000 bales
of 500 pounds; India, 4,1S6,000 bales;
China, 1900, 900 bales; Egypt, $4,000
BALES; Russia (Asiatic p~rovinces).
16S,0 600 bales; Mexico. $4,000 bales:
and miscellaneous, including Brazil,
Peru, Persia, Turkey and other coun-
tries. $4,000, making his estimate Of
The total world crop for the season
1909-1o, 18,049,0 900 bales, OF which
l0,15o,000 were produced in the
United States.
This estimate places China hire In
rank among the worlds cotton pro
ducers With an annual production OF
1000, 600 bales. most of which is man
u~factured n yarns and cloth by
hand machines. while 200, 900 bales
are now annually exported TO Japan
OF the cotton crop of India he esti-
mates that slightly less than one-hal
is exported. OF the Egyptian cotton
practically ali is exported, going chief
~ TO Europe and the United States
its long staple and silky lUStre rem
dering it especially valuable for use
in conjunction with the shorter stapled
cotton Of other parts Of the world.
The value oG raw cotton imported
into the United States during the yeal
1910 was. in round terms, about S15,-
100000. Of which $~1a.o00.o00 worth
came direct from Egypt. $500 .oO(
from the United Kingdom, presuma.
bly, also chiefly from Egypt. nelrly
81. 100000 from Peru and $4,000
from China.
Meantime the value o. cotton man
u~factureS exported during tho yea1
was. in round terms, 10000. 000. ant
Of the cotton manufactures imported
ScE nnti coo Of N-hipR. more thar mo