Amarillo daily news. [volume] (Amarillo, Tex.) 19??-current, 1921-02-27
COTTON MANUFACTURERS
make EXPORT RECORD

More than iioO.OOo.OOO worth Of cot.
ton manufactures were sent out OF the
United States In the calendar year 1920.
against t5i 100000 worth In the year
Immediately preceding tho war. Our ex.
ports Of cotton goods OF all classes far
exceed In value those of any earlier
year, and are materially greater IN
quantity than ever before. The quantity
al cotton cloths exported IN the year
1890 was. says n statement by The
National City Bank Of New York, about
$50. 900. 900 yards. an against 500, 900 900
n 1914, while the valuation shows a
much greater Increase by reason of ad.
vance In price, the average price per
yard OF cotton exported IN 1920 being
20 cents. against about cents por yard
In 1914
The United States. adds the banks
statement. although producing two.
thirds Of the worlds cotton. had never
been a large exporter Of cotton goods
until war conditions cut off the cotton
goods markets Of the world from their
usual source II upplles-Europe-
when they turned naturally 20 the Unit.
cd States. and our exports Of cotton
cloths. which amounted to only 32e. 000..
900 yards In the calendar year 1914.
most Of which preceded the war; were
620.000.OO0 yards In 1915. $4,000. 900 In
1917. and approximately $50. 100000
yards In the calendar year 1890. The In.
Ia aaaalss Ian. .N A.t art
however. was far more rapid. that Of
cotton cloths jumping from t2t. 100000
IN 1914. 10 t5s.OO0.0OO In 1916. sos. 0OO..
900 In 1918. $4,000 900 In the calendar
year 1919. and approximately t2t4. 00O..
900 In 1890. The quantity Of cloths cx'
ported In 1890 was two and one.half
times m much ms In 1914. but the val.
uation was nearly ten times as much.
Even this does not tell the full story.
for the value ~ knit goods exported In
1890 was t5b.000.OO0 IN value against
six and one.haf million dollars In 1914.
and OF all cotton goods approximately
sti0. 900. 600. against t5O.O52.s93 In the
fiscal year 1914.
Where do they 60 this $500. 100000
worth Of cotton goods. as against $50.
100000 In the year prior TO the war?
Everywhere. and increasing In every dl.
rcction To Argentina the exports Of cot.
ton cloths In 1890 were In round terms
100000 yards. against 100000 In
1914: 20 Brazil about 100000 yards.
against little over 100000 In 1914.
and 10 South America. as n whole. i25..
O0O. 900 yards. against 30 ZOO. 900 In 1914.
or eight times nv much In quantity. 10
say nothing OF the fact that the prices
per yard averaged approximately four |
times In 1920 as In 1914. The western |
coast Of South America In an especially |
large consumer Of United States cotton.
our own markets being much more con. |
venient OF access than those Of Europe.
Colombia alone having taken In 1920
about u. 10000 yards OF our cloths and
Chile is.OO0.OOO Australia In also sur.
prlsing her mother country by increas'
ing her consumption ~ American cot.
tons our exports Of cotton cloths 10
Australia In 1890 having been about ~.
0o0. sees sarass as against Approximately
1000. 900 in 1914. while Canada also In
creased her takings Of American cotton
10000. 900 In 1890. OF course. the Carib'
bean countries all take 10 United States
csttons. the exports 20 Cuba In the year
having been considerably over 100. 000.-
900 yards. and 90 Central America about
$4,000. 900.
The United States. continues the
hanks statement, now supplies nearly
or not quite 10 per cent of the cotton
goods entering international trade
against about per cent at the begin.
ming Of the war. Prior 90 the war the
annual average value Of cotton goods !
entering international trade was about
si.i00. 100000. OF which We supplied
abou, 5O.00O.o 900 worth per annum. or
approximately 8 per cent. In 1920. rs
nearly aa can now be estimated. the
value Of the cotton goods entering In.
ternational trade aggregated about 81.
100000 900. as against an annual aver
age Of little moro than $1,000 100000
IN the period Immediately preceding the
war. Great Britain. which buys most
OF her cotton from the United States.
~ course still leads In word cotton
goods trade. the value of her total ex'
ports Cat the par or nominal value Of
the pound s,eriIng) In 1920 having been
abou. 81. 200. 200. 900: France. as nearly
as cna now be estimated. t275,O00.000:
Japan. approximately $3.50. 0OO, 900:
Switzerland. about $3.50, zoo. 900: and the
United States. as already indicated,
$500. 900 200. as against tsO.oOO.OOO In