Atlanta semi-weekly journal. (Atlanta, Ga.) 1898-1920, 1920-02-03
1918Cotton Carry-Over
The Greatest on Record

! the world, the "carry-over" at the
end of the season in the United
States was the largest ever record
ed as shown by the statistics in the
census bureaus annual report on
cotton production and distribution
for the season 191S-19 just issued
by Director Sam l.. Rogers.
The worlds total for the four
crops, not including linters in the
. United States, was 70,SS3,000 equiv
alent 50O-pound net weight bales
compared with $3.50, goo bales for
the preceding four years.
Two factors were mainly respon-
sible for this condition, the report
says. The actual quantity of cot
ton consumed in Europe WAS Very
much below normal, although there
had never been such scarcity Of cot
ton goods since the period imme-
diately following the Civil war, and
sportation facilities for export"
ing cotton had not yet become nor
NAL Another factor was the inabil-
ity on the part of Europe to pur-
chase cotton freely because of I'M
stable conditions in some of the
countries and the extraordinary high
rates of exchange.
Consumption of cotton in the
United States during the cotton year
which ended July 81, 1919, was the
smallest for any year since 1915.
Compared with 1918 it showed a re-
dcuction of nearly 100000 bales,
including linters, having been 6,223,-
837 bales.
The heavy decrease was largely
due to the reduced consumption OF
~ - L..
tiIities in Europe. The reduction
count. Lint cotton consumption was
5,765,936 bales, and linters 457,9O1
bales.
The rapidly increasing manufac-
ture of cotton in the cotton-g growing
states is shown in an increase of
nearly 100000 spindles in that sec
ton since 1914, the total at the end
Of the 1919 cotton year being a.
9S6,311. Massachusetts leads in the
number of spindles with 11,63O,397.
South Carolina comes second with
1885, 765, while North Carolina is
close third with 4,789,322. Rhode
Island is fourth, with 2,678,18O, and
Georgia fifth, with 2,51S,O59.
In consumption of cotton, Massa-
Id %
bales, while North Carolina is in
second place with 1887 bales.
South Cardinals consumption was
764.794 bales, and Georgia's 7O2,-
677 bales.
The utilization of what was for
merly considered a waste and in
many instances a nuisance is illus
trated in the statistics of cottonseed
and cottonseed products, which had
combined value of $3.50, $4,000 for
the year. Production Of cottonseed
was 100000 tons, of which ATS
BUS tons were used in manufacture.
Crude products obtained were Oil
176, 7ll,OOO gallons, valued at $227,-
5I6,OOO; cake and meals, 2,17O.O00
tons, valued at $116,119, 900: bulls.
l,137,0O0 tons, valued at $17.917.OO0,
and linters valued at $22,228. 600. Elk
ports were 23,S27,97S gallons of cot
tonseed oil, and 155,S13 tons of cake
and meal
NEW YORK PRODUCE MARKET
changed. "
Pork-DulI; mess. s44.oo@45.OO.
2315. '' '-'0'0'
Sugar-Raw quiet: centrifugal, 9e-tes+
$13.OO@13.04; granulated $15.0O@1 1000.
Santos, 1914 @25Ac q
Tallow-Quiet; specials. 16% @1Gc.
a. nay-Steady; No, l, $1.75GQ1.S5; No. g
81: 01.15; clover, $1.556Q1. 80.
s e6Ss 26@4Sc; fowls, 26d89c; ducks
Live Poultry-NominaI: geese. 36@37c.
ducks, 39@42c; fowls, 33@44c; turkeys 4oc.
ROSTERS, pic; chickens, broilers. 32035c.
Cheese-Quiet; state milk, common to spe
Gals, 2O@32c; Skins, common to specials
Butter--Firmer; receipts. Sab: creamery,
extra, % 2 M64; do. special market. 6415 IN
G9: imitation creamery, firsts, 480G3: state
dairy. tubs, 5000. "'e
Eggs,c-Unsettled: receipts, 7.777: nearby
white fancy, 1908: nearby mixed fancy
6=MGG; fresh firsts 59@GG.
SHEPARD & GLUCK COTTON LETTER
NEW ORLEANS, Feb. 2.-Unsettled f,
nanclal conditions in Europe and the fur-
low levels were against values in the COZ
Ton market today in moderate way- No
great selling power was acquired. At one
lme the market was at small NET nd
tvances but they did not last It promises
20 De an irregular and unsettled morLef
for the near future "iNeC