Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1920-01-20
WHY YOUR RICE
costs MORE TOLD
BY BANK FIGURES
Correspondence to Morning ,JournalO

Correspondence TO Morning Journal.)
New York, Jan. 19.-The rice
growers of the United states are
sending out of the country ten
times as much domestic rice as in
the year before the war and receiv-
ing thirty times as much money for
it. The exports of rice in the ten
months ending with october, 1919,
the latest available figures, are
$4,000, 600 pounds against 26,420,-
000 pounds in the ten months end
ing with october 1913, the year inn
madlately preceding the war. The
value Of the rice exported in the
ten months ending with october,
1919. is stated by the government
at $2j, 900 against 1898, 600 as
the value of the rice exported in
the corresponding months of 1918.
This tremendous increase in the
export of rice, says a statement by
the National City bank of New
York, is due in part 10 an in
creased production and in greater
part 10 growing recognition
abroad of the value and availability
of American rice, for the selling
price has trebled while the quanti-
ty exports was so enormously in
cCcasing. The export prices of
American rice in the latest months
of 1919 for which figures are avail
able averaged 10 cents per pound
against IL cents per pound in
September and October, 1913, being
thus about three times as much
per pound in 1919 as in the months
Immediately preceding the war.
Meantime production on our rice
farms has rapidly increased, the
crop Of 1919 having been, accord
ing to the latest estimates of the
department of agriculture, $4,000
600 bushels against 23,500, 900
bushels in 1914, having thus nearly
doubled since the beginning of the
war and the farm value of the crop
is now approximately 100000, 900
against $4,000, 900 in 1914, and
$4,000, coo in 1910. The quantity
produced in 1919 is nearly double
that of 1914 but the quantity eX-
ported is ten times as much as in
1914.
Meantime with this large eXpor-
tation Of rice and the high prices
at home Of other cereals the guam
| THY consumed in the United States
has greatly increased as is evil
denced not only by the increased
home production but by corre-
spending increases in importation.
1.-THE quantity of rice imported in
| the fiscal year 1913 was 222, 000,-
000 pounds and 364, 100000 pounds
in the fiscal year 1919, and the val
1ue $6,000,000 in 1913 and $l8,000,-
| 600 in 1919.
The United States is the chief rice
producing country of the occident,
! though about nine-tenths OF the
rice crop is produced in the orient.
! our product which now runs at
| considerably over 900, 00O,0 900
/ pounds year Expressed in terms
/ Of hulled fice) is nearly double that
of Italy, four times that of Spain,
and ten times that of Brazil, the
other rice producing countries of
the occidental world.
our advance to first rank in rice
production in the occident and our
increase of more than 100 per cent
| in production in the last decade
has grown out of a system peculiar
| to this country of producing rice in
"A manner in which modern ma
chinery can be utilized in planting,
cultivation and harvesting, instead
Of the crude methods by which it
is produced in that great rice
growing section of the world, the
orient. Rice can only flourish on
wet land, so wet that ordinary farm
machinery cannot be used upon it.
| But a few years ago it was discov-
cred that certain lands in Texas,
| Arkansas, Louisiana and elsewhere
were so constituted with relation TO
soil, climate and water supply that
they could be prepared with usual
agricultural machinery, the rice
also planted by machinery, the
lands then flooded from nearby
streams or artesian wells, and the