The times and democrat. [volume] (Orangeburg, S.C.) 1881-current, 1911-01-17
EXPORT OF COTTON
SOME INTERESTING STATISTICS
ON COTTON.

ON COTTON.
Practically Two-Thirds Of the Crop
Sent Abroad, Worth Over Half Bill
Z Lion Dollars. ... i5,;t So 49,. ....& y
!. The highest record ever made in
the United States was achieved in
1910 when $530,oO0,oOO worth OF
the product, was sent to foreign
lands: This new record exceeded
by more than sso,ooo,OoO the previ-
Gus sbest year in the value Of cotton
exported, according to the bureau Of
statistics OF the department of COM
merce and labor. - s, ~
T.. The quantity exported, however,
was materially less than in certain
earlier years, having been but 8, SAL
pounds, against 4,374,000,-
00Otin 1908, wnen the value was but
s439,Oo0,0 The average export
price in 1910 was IA 1-2 cents per
pound, against practically ! cents in
1908; the high record year for guam
tity, the average export price in 1910
having been higher than in any years
since 1874. December, 1910, also
shows the Highest monthly record,
the total value Of cotton exports in
that month being, in round terms,
s103,0O0,0OO, while no earlier month
ever reached the s10O,000,000 line.
The average export price in Decem-
ber was 1913 cents per pound, while
in the, months Of July and August
the average was is cents per pound.
This s53O,O00,O00 worth Of raw
cotton exported represents approxi-
mately two-thirds Of the production
Of the country; comparison Of the
figures of production and expectation
for long term of years showing that
about one-third of the crop Is usually
retained for. domestic use; and this
suggests valuation of approximate
ly sS00,O00,000 for the total raw
cotton product Of the year represent
ed by these export figures. To this,
however, must be added the value
of the cotton seed, of which the ex-
.portations in the form of oil amount
ed to nearly s13, 100000 and. those
OF oil cake about s10,0OO,0OO, while
of course large quantities OF both
were consumed In the United States.
The countries to which this $50
million. dollars worth OF cotton ex-
ported inl91O went, stated in order
Of magnitude of their purchases, are:
The United Kingdom, approximately
243 million dollars II Germany, lao
millions; France, 81 million ;;I;Italy,
20 million; Spain, 16 million;3 Can
ada, 10 1-2 million; and Japan, 9 IL
million; these figures being based
necessarily on estimates for the
month of Decem bep. i.,iy.
The United States is by far the
worlds largest producer lof cotton.
An estimate of the cotton production
of the world for the season Of 1910
II supplied to the bureau Of statis-
tics Is: For the United States, TO-
.155,O0O bales Of 500 pounds; India,
4,1S6,00O bales; China, L 100000
bales; Egypt, 100000 bales; Russia
(Asiatic provinces), 768,000 bales;
miscellaneous, including Brazil, Peru
Persia, Turkey and other countries
645,OOO, making his estimate Of the
total world crop for the season
19O9-1O 18,o49,OO0 bales, Of which
10,155,O0oi were produced in the
United States. ...
This estimate places China third
in rank among the worlds cotton
producers with an annual production
of 100000 bales, most Of which is
manufactured into yarns and cloth
by hand machines, while 100000
bales are now annually exported tc
Japan. Of the cotton crop of India
he estimates that slightly less than
cne-half is exported. OF the Egypt.
ian cotton, practically all is export.
ed, going chiefly to Europe and the
United States, it's long staple and
silky. lustre rendering it especially
valuable for use in conjunction with
the shorter stapled cotton Of other
parts Of the world.
The value Of raw cotton imported
into the United States during the
year 1910 was,in round terms, about
SIS, 100000, of which $4,000, ,0O(
worth came direct from Egypt, ST.
100000 from the United Kingdom
presumably also chiefly from Egypt
nearly S1,000,G00 from Peru, and
s750,000 from China.
Meantime the value of cotton man
ufactures exported during the year
was, in round terms, s35,000,000
and of the cotton manufactures i'm
ported, s66,OO0,O0O, of which more
than one-half was in the form o
laces, edgings, embroideries and 9th
er high grade manufactures Of this
character.
Comparing the total value Of the
cotton exported in 1910 with that oI
earlier years, the figures of the bu.
reau Of statistics run as follows:
1910. $3.50. 100000
1909. :. 462, 100000
1903. 439,O00,0O0
1907. 470,0OO,000
1906. :. 413,OOO,OOO