The herald and news. (Newberry S.C.) 1903-1937, June 21, 1907, Page THREE, Image 3
OURt WASHINGTON LETTER.
Cotton ftports Aggregate Nearly
500 Million Dollars-Home Con
sumption SteadBly Increasing.
Washington, D. C., June 20.-Cot.
ton exports from the United States
will aggregate nearly 500 million
dollars in the fiscal year which ends
with the present month. The total for
the 11 months ending with May, as
shown by figures just announced by
the Bureau of Statistics of the De
partment of Commerce and Labor, is
470 million dollars, and as' the May
exports aggregate about 20 million
dollars in value, it seems to justify
th.e statement that the total for the
fiscal year 1907 will fall but ilight
ly below the 500 million-dollar line.
This total of approximately 500 mil
lion dollars as the value of raw cot
ton exported from the country is far
in excess of that of any preceding
year in the history of the cotton ex
port trade. The largest total value of
cotton exported in any year prior to
th-at now about to end was that of
1906, when the total was 401 million
dollars, the next highest being that of
1905, 380 millions; in 1904, 371 mil
lions; in 1903, 316 millions; and in
1901, 314 millions, prior to which
time the value of cotton exported had
never touched the 300 million dol
lar line. Prior to 1850 cotton exports
never reached as much as 100 million
dollars in value annually and prior to
1860 had never touched the 200 mil
lion-dollar mark, and it was not un
til 1901 that they crossed the 300
million-dollar line. In 1906 their val
ue for the first time crossed the 400
million-dollar line, and in 1907 will
nearly reach the 500 million-dollar
mark.
Meantime, with all of this increase
in exportation, the share of the cot
ton crop of the United States which
is consumed at home is steadily in
creasing. The figures of the Bureau
of Statistics show that in 1876, 29
per cent of the cotton crop of the Un
ited States was taken by domestic
mills; in 1886, 33 per cent; in 1896,
35 per cent; and in 1906, 41 per cent.
The increase in the value of cot
ton exported in the fiscal year about
to end will be nearly 90 million dol
lars over that of the immediately pre
ceding year, a growth due entirely to
an increase in the quantity exported,
the average value per pound of cot
ton exported in the 11 months for
which statistics are available having
been 10.62 cents, or slightly less than
that for the corresponding period of
the preceding year, which averaged
11.04 cents per pound; though even
this average valuation of 10.62 cents
per pound for 1907 is high when coin
pared with that of a decade ago,
when the average export pricc of cots
ton was but 7.4 ce.nts per pound for
the fiscal year 1897, 5.9 cents for the
fiscal year 1898, and 5.4 cents for
the fiscal year- 1899, this being the
lowest im a n nver-age iin a long ternm
of year-s, while the highest annual
averague wtas that of~ th:e fiscal year
1904. 12 cents per pound.
Adding to thie value of raw cotton
exp)orted that of other cotton pro
ducts, wvhethmer tm annfactures from
thme fiber or from the sceeds, the total
cotton product cxpl)(o$d during the
year wvill approximate 550 million dol
lar-s' inlue, that of cloths and other
mamnufactur-es of this character being
likely to aggregate about 33 millions,
cotton-seed oil about 17 millions, and
cotton seed oil cake hbout 17 millions
and cottolene and lardine and other
ar-ticles of this class pr1oduced chief
ly from cotton seed oil, approximate.
ly 5 millions of dollars.
-This total of raw cotton exported,
aggregating as it does nearly 500 mil
lion dollars in the pr-esent year, is
far in excess of any other single arti
cles. Breadstuffs, meats, and manu
factures of iron and steel, while
showing large totals, fall in each
case materially below cotton in the
value of their respective exports.
Meat and dairy pinoducts for the full
fiscal year will show exports aggre
gating apprloximiately 175 millions;
manufactures of ir-on and steel, about
185 millions; copper, nearly 100
millions; wood, and -manufactures
'thereof, over 75 millions, and leather,
Sand manuf'actures thereof, about 45
millions.
All the great cotton consuming
countries of the world have, in the
last year, increased their drafts up
on the United States for raw cotton.
In the ten months for which detailed
figures are available, thme quantity
sent to the United Kingdom has
grown from 1,502 million poundls last
year to 1,869 millions; to Germany,
from 830 million pounds to 1,103
millions; to France, from 373 mip
lions to 485 millions; to. taly, from
216 millions -to 263 millions; to Spain,
from 101 millions to 117 millions; to
Japan, from C8 millions to 118 mil
lions; to Belgium, fi'om 46 millions to
71 millions; and to Canada, from 04
millions to 70 millions of- pounds. The
raw, cotton exported to Japan fron
'the United States in the fiscal yeai
will aggregate approximately. 150 mi).
lion pounds, valued at approximately
16 million dollars, which will, how
ever, be slightly below the figures ol
1905, in which year the total quan
tity of cotton sent to Japan was 16E
million pounds, valued at practicall
17 million dollars.
The United Kingdom is by far thc
largest purchaser of American cot
ton, the total shipments to that coun.
try in the year about to end being
likely to considerably exceed 2 bil
lion pounds, with a value of consid
erably more thain 200 million dollars,
Germany ranks second, and the valu(
of cotton exported from the United
States to that country during th<
year will exceed 125 million dollars
while to France the total will probA
bly not exceed 60 millions, to Ital3
the total will probably be a little ovei
30 millions, to Spain approximatel.
15 millions, and to Japan, as already
indicated, approximately. 15 millions
The value of cotton manufacture.
exported duri,ng the year about tc
end will fall consideibly below
that of the fiscal year 1906 and b<
somewhat less than that of 1905. This
falling off occurs ahnost exclusivel1
in the trade with China, to which th(
exports of cotton cloths from th(
United States for the ten months foi
which statistics are available have
been but little over 5 million dollars,
against 26 millions in the correspond.
ing months of 1906 and 21 millionm
in. the corresponding months of
1905. This -decline in the movementE
of cottons from the United States tc
China is largely due to the large ac
cumulations of surplus merchandis
of this character already in existeitce
in China, this surplus being due tc
overimportations in the year immed
iately preceding the close of the wai
between Japan and Russia.
James S. McCarthy.
The woman who betrays the an
guish of her soul to the world for
NATIONAL BANK I
0
Now-a-days the succes
bills by check, where hi
TheTpresent way saves tin
has money at his comman<
cash is a voucher for his fit
that it can serve them in n1
THE NATIONAL BA15
in its number of account
turers, Corp6rations and I1
DIRE(
M. A.ICarlisle. H. C.
J. A. Blackwelder. Robt.
B. C. Matthews. S. B,
HARTI
Wood Monul
HARTS VI
Manufacturers of Dool
Sash, Doors, Blinds, T
Ornarnental Wood Wo
Flooring, Ceiling, Sid
the Building Material I
We want your inqu
grading and workmai
prices are right.
Harteville Wood I
'HARTS /I
feits her claim to the sympathy of her
sincere friends.
Advertised Letters.
Letters remaining in the Postoffice
at Newberry for the week ending
June 15.
B--Mr E 1) Blanclard, Mr Clif
ford Burk.
C-Mr Elbert Coleman, Mrs Char
lotte Cromer, Mr J H Clamp.
D--Miss Emma Dominick.
G-Nora Gary, Mrs Alice Gray.
H-A J Hicks, Mrs T A Hipp, Mr
Fred Harris.
Jr-Mr Howett Lovett, Mrs Lizzie
Lyles.
M-Mrs Lew Means, Mrs Lizzie
Maffet t.
P-Mr Irvin Perkins.
{-lRfrs Hattie Ruff, Mrs L R
Rogers.
S-Miss Mannie Salter, Miss aJnie
May Sease, Mrs Emma Shealy, Miss
Hattie Steward, Mr P F Shirley,
Mrs Sallie Sims. Miss Hattie Coke
Sm11iti. M11r . im Stroid. Aliss Mary
Summer.
W-Annie Walder. Mr Waits,
Miss Julia WVright, Miss Maggie Wil
son. Mrs Oeorge Williams.
SILVER
ALUMINUM
JELL-O MOULDS
A leaflet explaining how to get them
will be kound in every package of
Jei-o
THE DAINTY DESSERT
(Approved by Pure Food Commissioners.)
40" A 10% package
of Jell-O iaks
holo 9 enough dessert for
a i large famnily.
.P Sold by all grocers.
Illusrated Recipe
Book Free.
The Genesee Pure Food Co., Le Roy, N.Y.
Visitourbooth atJametownExposition.
)F NE ERRY S C
0
. :z
-.W >
n n*
sful business man pays his
is grand-sire paid "in gold.''
ie, argues that the merchant
dl, and the Bank holding his
riancial standing. Believing
iany ways,
[K solicits a further increase
s from Merchants, Manufac~
ridividuals.
3TORS:
M'oseley. T. B. Carlisle.
Norris. Geo. Johnstone.
Lull. Jos. H. Hunter.
acturing Co.,
LLE, S. C.
r and Window Scre ens,
urned and Scroll Work,
rk, Mantels, Mouldings,
ing, and everything in
..ine.
iries and orders. Our
iship is good, and our
lanufacturing Co,
LLE, S. C.
Persons calling for these will
please say that they were advertised.
C. J. Purcell, P. M.
Women sometimes lose sight of
great things by their attention to in
significant -details.
Woman's honesty Is . proverbial.
The exceptions are few and far be
tween.
YOU
A genIuilne Victor Talking Machine
1 2 gunuine Victor Records and 200
genuine Victor needles for $14.20;
on installment or for csh.
Other Victors $1o.oo to $100.00;
small snums down and ' little sums
per month.
SALTER'S
Art and Variety Store
Opposite Salter's Studio.
Most Angb
But It Takec
If you want to sav'e D
Klettner's shelves, for 3
expect to pay. CUT Pf
upwards, keeps everyb<
worth. A visit to 0. KIE
struck the right place.
No matter how much p
others follow. it's to y<
O. KL
Where a fair and squa
Be1tin~
Engli
Trir
Rubber Hose.
Full Line
Glasswar
Newberr
We Let
Buy
We provide easy t
We enable borrow
in Monthly InstallmE
allowed to meet obli
It is cheaper than r
to save money to bu
Contract.
If you want to sav<
take a Security Coni
Call on A. J. Gibso
Treasurer, at office,
streets, next door to
SECURITY LOAN
ody Con I
a Smart M
imes and Dollars,
rou can get what yot
?ICES at this time
)dy guessing where i
1ttner's store will coi
WE SELL FOR LES
eople talk about us,
>ur interest to trade
ETTI
re deal at all times 1
Tie
rimij
Pipe
Lawn Spr
of Genera
e, Crockery
ii Hardy
?"i~ ~
id Money
TO
Homes!
erms of payment.
ers to accumulate a fund
ints, on which interest is,
gations at maturity.
)aying rent. If you want
y a home take a Security
3 money for any purpose
ract. It pays.
n, Asstant Secretary and
corner Boyce and Adams.
Copeland Brothers.
AND INVESTMENT CO.
loke Moneg,
an to Save It.
tou can find them on 0.
A want for less tAan you
when everything is going
o go and get their money's
wince you that you have
iS THAN ALL THE REST..
we lead in low prices andl
at
ME R'S,
3 a predominating factor.
Ts and
Fitting.
-inklers and a~
I Hardware,
and China.
yor Ca.