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COTTON Crop
SUPPLEMENT
TO
(C
ommercial &
THE
f iNAWCiAL
(]
hronicle.
INDEX TO CONTENTS.
Cotton Crop Summary of the United States,
How Near a Full Yield on Acreage,
Cotton Consumption of the United States,
Cotton Consumption in the South,
Cotton Spindles in the United States,
Cotton Consumption in Europe,
Cotton Consumption of the World, Weekly,
Cotton Production of the World,
Cotton Spindles in the World,
Great Britain's Exports of Cotton Goods,
Cotton and Goods, Prices in Liverpool,
Manchester Goods Market, Monthly Summaries,
Liverpool Cotton Market, Monthly Summaries,
Overland Movement of Cotton,
Cotton Crop, Details of,
Cotton Goods, Prices Leading Makes in United States.
Cotton Goods, Prices Print Cloths 1879-1899,
Cotton Goods Exports from United States,
Cotton Production United States, 1898-99
New Cotton Crop and its Marketing,
Sea Island Cotton Crop,
Interior Towns, Cotton Movement.
3
Cotton,
Se-ptexixlDez? 9^
WILLIAM
B.
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1S99.
DANA COMPANY, PUBLISHERS
PINE STREET, coener
Entered according to act of Coneress, in 189!), by
limll
3
4
of
PEARL STREET, NEW YORK.
wqjJAMB. Dana Company, in
office of
the Librarian of Coni^ess, Washington, D.
Enterel according to Act of CongresB in the year 1899 by
WILLIAM
B.
DANA COMPANV,
in the office of the Librarian of Congress,
Washington, D. O.
Cotton Crop— United
PRODUCTION AND
States.
CONSUMPTION
FOR THE YEAR ENDING SEPTEMBER
COTTON MOVEMENT AND CROP
OF
—
1898-99.
of the cotton crop of the United States for
ending Sept. 1 1899 will be found below. It will
the year
be seen that the total crop this year reaches 11,235,383 bales,
while the exports are 7,363,788 bales and the spinners' takings are 3,647,118 bales, leaving a stock on hand at the close
Total taken by Northern spinners
table indicates the stock at
receipts at the ports for each of
each port Sept. 1 1899, the
the past two years, and the export movement for the past
year (1898-99) in
detail,
Receipts for Tear
Exports Tear ending Sept.
endingSept. 1,
1899.
Sept. 1,
Great
Chan-
1898.
Britain.
nel.
844,683
137,140
2,231,717 2.690,2BP
850,450
253,1P7
2,418,610 2,021,487 1,068,968
135,234
98,844
204,086
Florida ....
1,378,753 1,4*9,712 217,017
Oeorgia
398,754 647,933 100,139
So. Car'llna
393,946 118,002
34e,4'>4
No.Car'Una
Alabama...
New
York.
Boston
Baltimore
Phlla
Portl'd.&c.
8. Fr'nc, &c
France
1,500 328,033
395,980
12.761
Teiaa
Vlrelnla...
1,
and
1899.
38,216
Other
55,331
*31 7.822
•225,647
395,384
•74,788
•53,449
•87,256
128,888
14,213
261,923
14,243
14.168
145,990
14,068
14.5,990
...
i5,<;i7
654,42« 150,689
406,967 12,987
7,117
1898-99.
1897-98
Bales.
Balex.
Boies.
2,247,092
1,400,026
2,276,079
1.227,939
1,862,565
1,024,482
3,504,018
2,887,047
7,362,788
92,643
7,532,615
113,470
5,968,422
76,848
7,455,431
3,001
7,646,085
2,948
6,045,270
5,935
11,105,550
11,153,051
8,938,252
129,833
27,909
224,241
11,235,383
11,180,960
8,714,011
—
Takings for Consumption
North
South
'
129,621
131.247
1,
1899.
Total.
45,144
307,109
3,466
•69,482
by spinners
North and South during 1898-99 have reached :},647,118
bales, of which the Northern mills have taken 2,247,092
bales and the Southern mills 1,400,026 bales.
Distribution of above three crops has been as follows.
stock
747,233 1,916,439 181,591
30.274
167,394
8,435
575,038 2,03S',966 27.751
107,888 218.893
687, 3§7
876,e50 19,593
157,210
257,349
8,388
142,565 260,667 10,321
33,188
63,749
268,797
roads and in Northern factories.
These figures show that the total takings
Foreign.
1,055
567,981
n20,5&7 121.717
672,038
'
1896-97.
Sept.
PORTS.
Louisiana..
totals for 1897-98
Total takings for consumption. 3, 647,11
1
j
i
1896-97.
Exports—
I
Canada by
To Canada by rail
Total, except
rail
Total exports
Burnt during year
Total distributed
Add—
8,000
4,358
2,247,092
Burnt includes not only what has been thus destroyed at the
Northern and Southern outuorta, but also all burnt on Northern rail-
first
and the
7,774,537
Tot. tah'gs by spinners in the U.S. for year end. Sept. 1 1899 3,647,118
1,400,026
Taken by Southern spinners (Included in above total)
The whole movement for the
of the year of 893,280 bales.
twelve months is given in the following pages, with such
suggestions and explanations as the peculiar features of the
The
1899,
Of this supply there has been exported
7,362,788
to foreign ports during the year
hales.
84,230-7,278,558
Less foreign cotton included
92,643
Bent to Canada direct from West
3,001
Burnt North and South
Stock on hand end of year (Sept. 1 1899)—
170,984
At Northern ports
221,296— 392,280
At Southern ports
8,055
At Northern interior markets...
Our statement
year appear to require.
i,
Stock increase, less cotton imp'ted
Totalcrop
Net deduction.
In the above are given the takings for consumption.
actual consumption for the same three years has been.
*
Totals—
This year
Last rear
8,464, 95t
Prev. yx.
60,297 798,224 3.021,976 7,368,78* 392,280
76,211514,381 3,182,159 7,532,615 176,006
7,015
6.816,525 2,913,847 112,733 698,748 2.243.094 5,968,422
3,482,291
8,676.407 3,459,864
t^ These llgures are only the portion of
arrived by rail overland from Tennessee, &c.
*
the receipts at these ports which
The foregoing shows that the total receipts at the Atlantic
and Qulf shipping ports this year have been 8,464,959
bales, against 8,676,407 bales last year and 6,816,525 bales in
1896-97; and that the exports have been 7,362,7ii8 bales, against
7,533,615 bales last season and 5,968,422 bales the previous
season. Great Britain getting out of this crop 3,462,291 bales.
If now we add the shipments from Tennessee and elsewhere
direct to manufacturers,
and Southern consumption, we have
the following as the crop statement for the three years.
Year Ending September
Receipts ac ports
1.
1898-99.
1896-97.
1897-e8.
8,464,959
8,676,407[
1,370,3981
1.276,61
9,83.^,357
Bales
9,953,021
7,689,529
1,400,026
1,227,939!
1,024,482
6,816,525
Shipments from Tennessee,
Ac,
direct to mills
Tota!
Manufactured South, not
cluded above
873,004
4i
in-
Total Cotton Crop for
the Vear
bales. 111,335,383 11,180,960 8,714,011
The
result of these figures is a total crop of 11,235,383
(weighing 5,765,320,339 pounds) for the year ending
August 31 1899, against a crop of 11,180,960 bales (weighing
5,667,372,051 pounds) for the year ending August 31 1898.
bales
Northern and Southern
Spinner.s takings in
1898-99
have been as given below.
Total crop of the United States as before stated
bales. 11,235,383
Stock on hand commenoement of year (etept. 1 1898)At Northern porta
61,054
At Southern ports
114,952- 176,006
At Northern Interior markets
10,266— 186,272
Total supply during the year ending Sept. 1,1899
11,421,655
The
1898-99.
Stock beginning of year.... Bales.
Takings
Total
Stock eud of year
Year's consumption
1897-98.
499,775
3,647,118
79,696
3,504,018
1896-97.
52,131
2,887,047
4,146,893
425,867
3,583,714
499,775
2,939,178
79,696
3,721,026
3,083,939
2,859,482
How Near a Full Yield on Acreage Planted.
Consumers of cotton have an interest in any facts tending
to show how near the above results represent a full crop on
the acreage planted. There are reasons well known to the
trade why differences of opinion on the point in question
are greater the present season than usual. This situation
has led us. while preparing our crop report, to collect from
our correspondents in the South their views with reference
to the quality and quantity of the yield. The crop has now
been made, gathered, and marketed; facts and opinions obtained after all these conditions have become a matter of
history must have in them a minimum of bias; personal
interest,
which often unconsciously warps an
individual's views, cannot be a factor.
Besides that, the
variations in and the character of the season are still fresh
in
mind.
To obtain a full statement of the desired data, we asked
from each correspondent information on three points respecting his own State. These were (1) how near a full
crop of cotton was secured in his State in the season of
1898-99 — that is, how did the quantity gathered compare
with a perfect or full crop; (2) what effect did the rains of
last fall and winter have on the quantity and quality of the
crop; (3) what part, if any, of the crop was of a character
called "'trasliy," and what price was received on the planta
tion for this poor grade.
—
COTTON CROP OF THE UNITED STATES.
These queries, with a request added for any further facts
known to the correspondent bearing upon the information
sought, have brought out the following conclusions (1)
that no crop has ever been raised that showed on the whole
acreage of the State every plant perfect or every acre producing just as well as every other acre on similar land (2)
that in 1898 substantially everywhere the season tor growth
and development was faultless until the fall rains set in
-(3) that the amount gathered avei'aged for the whole country the largest number of pounds per acre ever raised, and
in most of the States the yield per acre averaged higher than
in any preceding season
(4) that the rains in almost every
for the time being to hold in abeyance the question of difference in cost of manufacture between the North and South.
Moreover, conditions give promise of a further expansion in
the demand, so that for the season beginning with the first
of September, consumption bids fair to assume larger proportions than it has ever before reached. The truth is, our
people hitherto have not half measured the restrictive force
and suppressive effect on industrial activity produced by
the silver agitation and the danger with which it threatened
our standard of values. That restriction in considerable
measure relaxed and the danger was in good part eliminated
with the election of 1896, but confidence was more completely
State harmed the quality of the staple materially in some restored with the election of 1898.
The first event showed
States they added to the quantity, while in others they de- that the sentiment of the country was opposed to a silver
creased the quantity, but in no State did they lessen the pos- currency by electing to the Presidency a man in favor of a
sible product more than 5 per cent
(5) that the winter was gold currency and pledged to veto any measure looking
of such a character as to permit cotton to mature and pick- towards silver coinage; the second event gave the country
a Senate and House of similar views and probably secured a
ing to be continued to dates later than ever before known
in Arkansas, Tennessee, Mississippi and Ala- sound money Senate for the coming six years. These results
for instance
bama the work was not stopped until long after the first of opened to the enterprising class a free, unobstructed chance
January, picking being in progress at many points in the to go to work, and they are improving the opportunity.
two States first named when seeding for the current crop
was under way; (6) that a good deal of "trashy" cotFor the reasons stated we advised Northern spinners in
ton was the result of the rains in every State and in some this
report a year ago, in the face of the pessimistic views
States it was a large proportion of the product, the poorest
that prevailed, that the then existing crisis in the goods
qualit}' bringing only 2 to 3 cents per pound on the
trade demanded for its solution short views and none other.
plantations and the better grade of " trashy " from 3J^ to
Apparently there was already a large over-supply of spindles
4 cents.
in the land, and it seemed to be true also that the South
We would add that we have worked out the data our could produce goods cheaper than the North and was rapidly
correspondents have sent us and give the crop in detail by
setting up new spindles.
In face of these claims, we urged
States in a subsequent part of this report. It will be seen
that there was only one question pressing for solution. That
on examination that the total yield for the whole country
question was not at all whether the South some years hence
shows a product in 1898-99 per acre of 240 lbs.; that was going
to monopolize the spinning industry; but it was
tMs compares with 237 lbs. in 1897-98 and 234 lbs. in 1894 95. what are the signs for the next
twelve months with referThe crops raised in the three years specified have proved to ence to general business activity
?
The matter of existing
be the largest ever raised in the aggregate yield and in the spindles was of no
consequence whatever, as our people had
yield per acre; and of those crops the latest, as our figures
been forced to economize severely in the use of goods for
show, stands unrivaled in both particulars.
quite a number of years end "that revival of trade would
surely come and put into profitable action every spindle in
Consnmption in the United States and Europe.
the land." That is just what has happened. But it may be
United States. Our forecast a year ago of the course asked, what has become of the disorganizing influence of
of the cotton-spinning industry has proved to have been re- cheaper production in the South ? At present it is not actumarkedly accurate. Pessimism, when our last annual report ally needful to answer that question when all our spindles
was written, was in possession of the public mind. The are profitably employed it has no immediate interest. And
prevailing idea controlling the market was that spindles yet it has an interest, because so long as the difference
had been so rapidly increased North and South as to be con- exists, spindles must go on increasing with special rapidity
siderably in excess of the full consuming capacity of the in the section where there is the wider margin. We are not
country. As evidence of this assertion the experience of the permitted to doubt that if this stimulus continues to operate
trade was confidently cited. A continued accumulation of in the future as in the past, fostering and quickening the
goods in stock for several years notwithstanding many growth of spinning power in the South, a time will come
mills in the least advantageous situations were closed either when the state of too many spindles for even full conwholly or a good part of the year and notwithstanding short- sumption will become an actual fact.
It is consequently well worth while, when the subject
time was adopted by all mills in wide sections seemed to
establish that contention. Nor did this claim of an over- causes no present anxiety, to spend a moment on this point,
supply of spindles complete the lugubrious horoscope. The because the trade has its pessimists even now, and they always
idea was also urged that spinners in the North other than seem to draw comfort out of and find pleasure in parading
those working on very fine goods had no future; that as the isolated facts which support in any degree their claim of a
cotton States could produce the medium and coarser makes future disaster. We said a year ago in this report that
cheaper than the New England States, they would secure a there was no truth which the accumulated experience of
profit, while the spinners of Massachusetts and Rhode Island years had left that deserved to be prized more highly or
working on those classes of goods would lose money. Of trusted more completely than the one that all inequalities
course it did not call for any large reasoning power to di- in the cost of manufacture such as exist between the North
vine the result of these conditions if prolonged. It was and South in this case will, if given time, work out a natconsequently an every-day occurrence to hear disaster pre- ural cure. Some little evidence has been in process of dedicted as in store for all cotton spinners whose goods came velopment the past year suggestive of one way in which the
in competition with Southern mills. Even the decadence of largest item of difference in cost between the two sections
Fall River, New Bedford, Providence and the like as cotton- may become adjusted and equalized. We refer to the item
manufacturing towns was an easy and frequent conclusion of labor. On a previous occasion we called attention to the
self-evident fact that every new mill organized in the South
from such assumptions.
We should not recall these facts were it not that they have increased the demand for labor. Hence the very advantage
a material bearing on the cotton spinning industry during which stimulated growth in spindles had in it the element
coming years. That industry is not wholly out of the woods of cure. That is to say, an active increase in spinning ca.
yet. Northern and Southern spinners stand related to one pacity means an active absorption of labor, a process which
another much as they did a year and two years ago. The continued must inevitably end in the labor supply becoming
chief material fact that has changed is that during the last less abundant and wages higher.
But the South replied by employing colored labor in the
twelve months the demand for cotton goods bj the country
has become more nearly normal than it had been any one of mills, insisting that this supply was almost limitless, and,
the previous six or more years. Consumption during those on account of the difference in race, more tractable, because
months has increased to such an extent as to more than ab- it was not now, and never could be, subject to the rules of
sorb the product of all the country's spindles and thereby labor unions. Whether colored labor in a factory can be
:
;
;
;
;
;
;
—
;
—
—
COTTON CROP OF THE UNITED STATES.
made
as productive as white labor has yet to be proved.
We
remember, when the war with the South was at its height,
and in the early years after its close, colored men from
the South seemed almost to supplant white men for
The tendency did not
domestic service in the North.
though, for instance, there were and are
linger long
coachmen, the body of them
some efficient colored
proved to be lazy and shiftless and could not be
made eiScient by training. We are inclined to the opinion—
the teaching of events - that one good white mill hand will
always be equal to at least one and a-half of the Southern
colored laborers. Not that there are no exceptions to this
rule such a claim would be far from the truth, for there are
numerous phenomenal cases of individuals rising far above
the average. But exceptions are not the rule. Besides,
passing that, there is another development just now at
work which cannot fail in time to affect the status and
price of labor in the South. Such changes are usually very
gradual, and that may be so in this case. It is, though, inevitable that the hostility between the white and black pop;
But as prices for raw cotton promise to rule higher the
coming year, prices of goods are likely further to advance.
Indeed, an upward movement is presumable not only from
that cause, it is also a natural conclusion from the inherent
buoyancy of general trade in almost every department. On
a rising market for goods the question becomes, at what
price will the higher values begin to restrict the outflow of
cotton manufactures from the United States? That outcome it is impossible to forecast. We can only say that
since the first of July the movement has continued to increase. The foregoing facts and suggestions relate to the
goods trade of the whole country.
;
The print-cloth market almost always furnishes in many
respects a good illustration of the course of the entire cotton
brief recital of the
goods trade during any twelve months.
A
leading facts which have marked the upward progress in
that department will contribute to a better understanding of
the present situation and of the character of the changes
that have occurred in all branches of the trade during the
ulation in the South such a conspicuous feature of late,
past year. When the last season closed, August 31, 1898,
rapidly growing in intensity during the year— should tend
the stocks of print cloths in hands of manufacturers at Fall
to lessen the supply of labor and greatly to increase the
River and Providence were reported by us to be about
friction between the two races when working together.
1,900,000 pieces. This was so heavy a burden that even
We see no reason why the South should not always be a before the close of August 1898 plans for again curtailing progood field for the establishment of cotton mills. What we
No definite action was
duction were under discussion.
have written does not affect that question. But does it not
taken, as manufacturers anticipated that the conclusion of
indicate a decided probability of the narrowing of the most
the treaty of peace with Spain, the preliminaries for which
important of the favorable differences that section has enhad already been substantially settled, would give an imjoyed ? The facts certainly indicate an equalizing tendency
pulse to trade in which cotton goods would share. But
in the matter of labor.
(1) Multiplying of mills has of
though many lines of business experienced a reviving deitself that effect.
(2) In case recourse be had as a chief
mand, it was not so with cotton goods. The market for
reliance to colored labor, in that case lack of efficiency in
print cloths continued weak and inactive, the price having
the South would be an offset to the higher wage in the
dropped early in October to 1 15-16 cents for 64x64 regulars.
North. (3) Then, again, this deep and general antipathy
Realizing at last that some steps must be taken to reduce
among the whites against the blacks, for a moral reason, production and so improve the print-cloth situation by givleading to a summary and indiscriminate infliction of puning consumption an opportunity to encroach in some measishment and to the enactment of political disabilities against
ure on the accumulated stocks of goods, the Fall River manthe race must, it would seem, operate in the end to shorten
agers of 52 mills signed on October 17 1898 an agreement
the labor supply open to the mill manager, and thus raise
for united action. According to the plan adopted, not only
prices.
(4) Add to all this the work of trade unions which
a curtailment in the output of cloths was brought about,
for permanent success in the North must in the end act on
but certain classes or sizes of goods, embracing almost the
the mill-hand in the South as well as in the North (for it
entire stock of print cloths, were pooled, and the regulation
would not be a success if by the rales of the Union the mill
of prices put into the hands of a committee. This arrangeindustry in the North was destroyed and transferred to the
ment went into operation immediately, price of regulars
South) and we have a pretty clear prospect of a coming adbeing marked up at once to 2c. It was not, though,
justment of wages in the two sections. In the meantime,
until the middle of November that any perceptible change
or at least for the coming year, there seems to be work
In our dry-goods report for
in the market was noticeable.
enough for all the spindles in the land.
the week ending the 19th of that month an active demand
for print cloths was recorded, followed by an all-around adHow long the demand for goods will absorb the entire vance of 1-16 cent per yard announced by the committee.
spinning capacity must depend upon circumstances. We From that date the improving tendency has not been interhave said it would at least hold out during the coming rupted, though the development lagged behind the growth
twelve months. Home consumption the past year has not in general business until about the time the new year
only materially increased (having risen, according to our opened.
figures, from 3,083,939 bales in 1897-98 to 3,721,026 bales in
We consider the first of January the true beginning of the
1898-99), but our exports of cotton goods have likewise been new epoch in that trade's progress. We might call the previous
added to, and to an important extent, the total value of ex- weeks from October 19 the incubating period. The demand
ports reported by the Bureau of Statistics for the fiscal year had then improved but the movement had been in large
1898-99 having been $23,567,914, against $17,024,092 in 1897- measure and for the greater part of that time wholly arti98.
As to future home requirements there is no present ficial. Short-time by the mills, prices marked up by a
prospect of a falling off; on the contrary, at the moment committee, and buoyancy in other trades, were the stimevery indication points to an enlarged demand for goods. ulating causes.
Soon after the old year closed, the
Mills have started up recently in the North that have been face of affairs changed.
The mills began to run
lying idle for several years. More than that, important on full time, the
current production of cloths was
mills in New England have doubled their active hours that being
accumulated
fully
consumed, and
old
the
is to say, they are now running two sets of hands
was
so that stock, which had for years been so troublesome,
labor in the North is not only well occupied, but in short sup- also slowly disappearing.
Naturally enough, as soon as
ply at the same time goods are not accumulating, old stocks these conditions prevailed, operatives began to urge a return
have been used up, and mills are fairly well sold ahead. As to of the old wages. Very naturally, also, this movement at
oar exports of goods during the coming twelve months it is first caused no little uneasiness on the part of the mill
more difficult to speak with confidence, or perhaps we managers. The managers knew they were not quite
should say with accuracy. The movement has been develop- out of danger. They had scotched the snake but not killed
ing rapidly this year. We incline to the opinion that it will it; the old stock still had proportions which, if demand fell
further develop. And yet prices of cotton goods have risen off only a little, might cause it to become troublesome again.
recently and the tendency is still upwards. The question is At length, however, after studying the conditions and the
how long can this continue and not shut our goods off in a outlook and conferring with the operatives, the manufacturers
measure from foreign consumers ? With cotton as low as agreed February 27 to return on April 3 to the wage scale
it was last year, probably the rise here would not be sufficwhich prevailed prior to the cut-down of January 1898.
ient to affect consumption in the countries we cater to. Similar action was subsequently taken by mill owners at
—
—
;
—
,
COTTON CROP OF THE UNITED STATES.
other points until the movement for an advance of wages
had become general and many thousands of operatives were
included in the arrangement.
On the twentieth of February 64 x 64s were marked up
.)-16 cent further to 2% cents at which point they have stood
ever since, the report of the market being that "the print
cloth situation was growing stronger each week.'" On the 3d
of March our own retort in speaking of all descriptions of
"
cotton goods says that '"there is no diminution of strength
" Each day has furnished its quota of advances and to tliese
" Reports of
all divisions have contributed more or less "
mills resorting to over-time are increasing but no relief is
Production is sold
seen in augmented unsold supplies.
ahead in many directions." It would only be a repetition
of these statements to give details for subsequent months.
The same conditions prevail now that prevailed in March
and have prevailed ever since. A prominent incident of the
year should be recorded. We refer to the sale on May 6 in
one block of 1,250,000 pieces on the basis of 2% cents for
regulars, 64 x 64s; the period during which delivery of the
goods was to be made extended to October 1, and the selling
committee, through which of course the sale was made,
guaranteed to maintain the Fall River prices upon the basis
of 2^^ cents for regulars up to that date
With reference to the future of print cloths only a few
words are necessary, Our own views with regard to the general
market have been expressed in a previous column of this
report. In regard to the print cloth department our advices
from those best able to judge are that the outlook is reassuring and indeed full of promise. Entire confidence seems
to be felt in the stability of prices and in a probable further
advance before the close of the year. As already said our
information last season on the first of September was that
the accumulated stocks of print cloths at that time in
manufacturers' hands aggregated about 1,900,000 pieces; the
present stocks so held are about 550,000 pieces. Furthermore, reports indicate that very little stock now remains in
second hands, whereas a year ago the total so held was upwards of half a million pieces.
SooTHERN cotton
mills
have likewise enjoyed a more
prosperous season than the previous one, especially since the
first of January.
They were in better condition than
Northern spinners even during the last quarter of 1898.
But since 1899 began their use of the raw material has
appreciably increased and the margin of profit has been
wider. These changes are the natural result of the more
active consumption of goods. In very many instances
Southern mills have found it necessary to keep in operation
night as well as day to prevent a too rapid accumulation of
orders. There is as yet no sign of a check in this development. On the contrary, it is the general opinion among
by States are as follows. It should
be remembered that these figures include (1) mills in operation all this year (2) new mills started up during the course
of the year
and (3) also a few mills which have been in
operation this year but have now temporarity stopped expecting to start up again in 1899-1900.
tailed returns arranged
;
;
Number
Consumption.
of
Average
No. Tarn.
No. of
StAites.
Mills.
Spindles
Virginia
No. Carolina
So. Carolina...
11
137,803
168
76
67
1,008,268
37
7
4
Looms.
Av' rage
Bales.
Weight.
15
44.826
£0
360,231
Pounds.
48004
21,518,310
teo-30 175,020,580
467-04 804,970,126
460-93 129,140,837
Georgia
1,285,3»8
4,666
22,178
35,871
696,394
17,143
21
16
13t,867
280,177
853,052
7,e58
15
62,548,101
1,972
15«
1,534
1.082
16,735
520-91
14,000
103,366
4,008
475-00
2,308
35,251
360
2,880
480-4S
484-00
16,935,864
11,868
14
13
18
16
17
485-OW
477-97
10,385,241
58,272
36,160
180,418
21,308
18,419
478-60
66,43'.*
4
23
3
10
.
67,158
1,385
14
26,913
488-68
13,150,436
18
1,400.086
467-44 854,435,025
16hi
1,227,939
470-04 577,186,180
Florida
Alabama
Mississippi
Louisiana
Texas
Arkansas
Tennessee
6
Missouri
Kentucky
280
Total 1898-99..
414
3,838,201
95,701
Total 1897-98..
391
3,574,754
91,829
1
8,303,788
8,717,476
1,600,960
1,893,908
Total 1898-97..
375
3,197,545
82.873
im
1,024,482
469-48 480,971,335
Total 1885-96..
353
2,770,2»4
70,010
17
915,810
470-12 430,543,330
Totel 1894-95..
329
2,879,281
55,390
18M
853,352
470-74 101,706,355
Total 1803-94..
821
8,167,242
62,195
15-8
723,339
463-84 335,609,957
Gens. tot. 79-80
184
561,360
18.329
13
188,748
464
87.610.889
Note.— Much new machinery has been put In operation within the
last few months, increasing the number ot spindles appreciably
without
consumption to any extent.
from the above that the aggregate of
spindles in 1898-99 is l^i
per cent higher than in
1897-98, and that since 1892-93 the total has almost doubled.
As to the consumption of cotton by the Southern mills the
affeortnj?
appears
It
gain the last year was 172,087 bales compared with 1892-93
the gain is nearly 100 per cent. As heretofore, these
returns for
the
the
last
six
years
cover only
spindles in operation and those shortly to start up
again. In a subsequent table we give a total for the whole
country which includes those idle for a year or more but
Quitting those old and useless and permanently out of
employ. Analyzing the reports made to us, we find that
there have been 4 old mills with 16,144 spindles stopped,
and 27 new mills operating 124,902 spindles started, making
a net addition of 23 new mills running 108,758 spindles
which have begun operations during the year, a gratifying
total in itself.
But the total new spindles added this year is
259,047 net; that is to say, 150,289 of new spindles have
gone to increase the equipment of old mills. All of the foregoing has reference of course to the present; but we have
in addition a mass of information covering the future.
Eight new mills, containing 90,212 spindles, will be in operation within the next two or three months, and eight other
mills are in course of construction and expect to start up
early in 1900. Additions to old mills covering over 200,000
spindles are also contemplated in the near future. Aside
from this there is an almost unlimited number of projects
which, if only a small percentage ever come to fruition, will
largely swell the number of Southern mills within the next
;
Southern manufacturers with whom we have been in correspondence that the future outlook is extremely briglit.
A further material addition of spindles has been made
within the year. We have gathered during August full
data with regard to these additions and also with regard to
the operations of Southern mills. This has been our custom, few years.
as is well known, for quite a number of years, and we seek
As to the aggregate of spindles in the whole United States,
every season to make it more thorough. Our latest investithere is very little to be added to what has been said above.
gations indicate, as stated, that the number of new spindles
There are no idle spindles anywhere, either North or South,
set up and put to work proves to have been large. The information secured during the past month has been from to-day except such as can be considered permanently out of
each mill, and covers not only the number of spindles and use. At the North the additions in the year have been small
looms added, working and idle, and the actual consumption probably not to exceed 50,000 spindles. At the South the
the
of cotton in bales and pounds in the twelve months ending gain has been 317,445 spindles. Consequently altogether
increase during 1898-99 has been 367,445 spindles. Putting
with Sept. 1, 1899, but also full data with regard to new mills
now building and contemplated additions to existing plants- these figures with the aggregates of former years our stateWe find in the returns decided evidence of the continued ment for the last five years will stand as given in the sub"
joined table. It should be said in explanation of our comvitality of the cotton-mill industry in
the South.
Growth
during the time of business depression has been marvelous,
and it is still at the full tide of development.
What
has been added the past year will be seen from the
statement below. We notice likewise that there has been
no interruption
in the inclination to increase the size of the
to build larger factories and to augment the
mills- that is,
capacity of old ones.
The number of spindles per mill
reaches to-day 9,260, against 9,148 a year ago, and only 6,751
in 1893 94, or an increase of nearly 40 per cent in the average capacity in five years. The aggregates of our de-
pilation of total spindles that this statement represents all
mills,
whether in operation or not (except such as have been
no present intention of starting up again),
whereas the details of Southern mills by States given previ-
closed with
ously represent only mills in operation in some portion of
1898-99, or about to start up.
SpindUt.
North
South
Total
1898-99.
1897-98.
1896-97
1895-96.
1894-95.
1893-94.
13,550,000
13,950,000 13,900,000
3,670,290
3,987,735
....
13,900,000
13,800,000
13,700,000
3,458,537
3,011,19(1
2,433,248
2,291,064
17,937,735' 17,570.290
17,356..537
16,811,196
16,133.848
15,841,064
COTTON CROP OF THE UNITED STATES.
American spinners close the year with stocks of cotton of their former colonial markets, even since their .special
decreased somewhat from the large totals of a year ago. advantages were withdrawn. At first a good deal of SpanWe have given the figures of th3 distribution of the ish cotton machinery was either stopped or was run short1898-99 crop, also the stocks held by the mills at beginning time, but the position has improved materially within the
and end of that year, and also the takings of cotton by last few months.
In France the cotton industry was depressed during the
the mills North and South for three years, on the first page
earlier half of the season, the production was reduced by
of this report.
Europe.— It is impossible, in a general survey of the short-time, and prices were often unprofitable This adverse
European cotton trade of the past season, to overlook at the condition was largely due to the bad state of French home
high prices
outset one prominent feature of great interest and import- trade consequent in a great measure upon the
years—and even of food caused by the very deficient harvest of 1897. The
ance. During the previous three or four
period— the cotton industry in nearly all the much better crops of last year have brought about a
Continental countries had been, on the whole, in a prosper- decided improvement, and the position of the cotton indusous, or fairly prosperous, and expanding condition. In Great try is steadily becoming more favorable. A small adduring the year by French cotton
Britain it was more or less depressed, with occasional inter- vantage gained
perceptible indications of non- manufacturers has arisen from the application of the
vals of relief, and there were
extension, if not of actual contraction. But within the last French home conventional tariff to Madagascar, so far
twelve months the contrast has completely changed. Slack- as foreign manufactures are concerned, whilst those of
" sheetings " and
ness and depression have supervened over the greater part France are admitted free of duty. The
for a longer
of the Continent, whilst in Great Britain a distinct revival
has occurred.
—
Continent. In Germany, Austria, Italy, Spain, and
prominently in France, the markets for goods and
yarns have developed symptoms of excessive supply. The
main cause of this adverse turn was over-production, the resul<'. of previous prosperity, which brought about, for the time,
undue multiplication of spindles and looms For the most part
the Continental cotton industry is engaged in producing for
domestic requirements, whilst that of Great Bi-itain is
chiefly occupied in supplying goods and yarns for foreign
and colonial consumption. During many years the home
markets of the Continental States have taken off increased
quantities of machine-made cotton goods, partly because
the economic condition of the people has been steadily improving, and partly because these goods have been gradually
displacing the handicraft production, which long ago disappeared from the English cotton industry. Even yet there
are altogether many thousands of hand-looms at work
weaving cotton or cotton-mixed goods in Germany, Austria,
Italy, France and elsewhere.
But the process of displacement is now less rapid than it was, and the increase of
power- looms has, for the moment, outstripped the capacity
for larger consumption.
At present, therefore, the expansion of cotton-weaving by power has received a check on
the Continent.
One consequence of the over-production of the past season
has been, in Germany and Austria at least, serious efforts to
avert or mitigate loss by means of combinations of producless
—
amongst spinners, now so common in
these countries as elsewhere. These agreements do not take
the form of amalgamation of capital, but simply that of
limiting production, and controlling and directing sales and
prices from time to time. Another consequence is that
special endeavors— individual or conjoint— have been made
to get rid of the excessive supply of yarns and goods in outers (Kartelle), chiefly
side markets.
This has been especially conspicuous in
Austrian yarn, of the coarser
counts chiefly, has for years been making headway slowly
in the Balkan countries and the Levant, but Italian cotton
yarn has this season found, for the first time, an important
outlet in those regions. As a rule these quasi-enforced exports have been made at extremely low prices, and spinners
have often accepted offers at considerably less than the
current cost of production in order to get rid of their stocks.
The case of Spain is peculiar. The loss of their privileged
position in respect of the customs tariff of Cuba, Porto Rico
and the Philippines, has compelled the Barcelona spinners
and manufacturers to seek fresh outlets in other directions.
They are men of energy and great wealth, accumulated
during their former period of favor, and they have shown
much enterprise, not without .success, in pushing their
goods into markets where they were previously unknown.
Even in Manchester they have found purchasers to some
extent among merchants with established connections
abroad for shipment to South America and elsewhere.
Moreover, by means of reduced prices and the momentum
which business connections, trade-marks, qualities and
styles always give to an established trade, Spanish cotton
manufacturers have managed to retain a considerable share
Italy, Austria
and Spain.
other low-priced descriptions of cotton goods formerly obtained by Madagascar from the United States and England
are now supplied by the manufacturers of Rouen. But the
colonial demand for French cotton goods, in spite of the
tariff advantages which they enjoy in every French colony,
is not very large, and the cotton industry of France is still
mainly dependent upon the good or bad state of tlie home
markets.
The Russian cotton industry has been exceedingly active
and prosperous throughout the past season, in spite of the
impoverishment of a considerable section of the European
part of the Empire by bad harvests. To a large extent
perhaps mainly this satisfactory condition may be
ascribed to the energetic pushing forward of the TransSiberian railway and the new economic developments in
Northern Asia which its construction has already brought
—
—
about. Extension of manufacturing industries in EuropeanRussia, largely aided by foreign capital, particularly those
of iron, steel and coal, has given the impetus to the economic
progress of the country. These forces have tended to increase the demand for textile manufactures. The import
and consumption of raw cotton, in addition to that grown
in the Empire itself, have increased, and the cotton mills
have been fully at work, excepting only at slight intervals
when local strikes of work-people have occurred. A large
amount of new cotton machinery has been sent from
England to Russia, and the addition to the number
of spindles there during the past season is estimated
It is interesting to notice
at not less than 1,000,000.
weaving of cotton goods in Russia by the
that the
a very large industry, and that in
recent years it has acquired the means of a prolonged, if
not a permanent, life. Hand-loom weaving is one of the
ways in which the population of all backward countries, and
especially of the northern agricultural regions, where the
winter is long, employ their otherwise idle time and supplement their scanty earnings. In Russia many thousands of
village communities thus work by hand in rooms jointly
provided. Until recently their industry was limited by
insufiicient floating capital and by want of channels for
readily distributing the cloth produced by them. These
wants the great cotton-spinning companies in Russia have
now supplied. Yarn is furnished and the manufactured
cloth taken in exchange, a money payment being made for
the labor and materials expended in weaving. The earnings
of the weavers are very scanty, but the cost of production is
low, the cloth cheap, and a large and growing market is thus
found for the yarn spun in the great milla. Hence, in part,
the active extension now going on in the cotton-spinning
industry of Russia. Evidence of th's extension is supplied
by the latest statistics of the export trade of the United
Kingdom, which show that during the first seven months of
the present year the shipments of textile machinery from
England to Russia amounted to £1,045,019, against £597,63.3
in the corresponding portion of 1898 and only £385,988 in 1897
On the whole the prospect of the Continental cotton industry, and of the demand for raw cotton during next
season, seems encouraging. In France, Italy and Spain the
hand-loom
is
still
tendency is visibly in the direction of improvement, and
although evidence of better times is not so distinct in Ger-
many and
still less
in Austria,
it
is
not altogether
im
COTTON CROP OF THE UNITED STATES.
8
perceptible. From the Rhineland and Westphalia, however,
the complaints of bad trade are even now hardly less pronounced than they have been throughout the year, and there
is still a disposition to maintain agreements for the lessen-
Indeed, short-time is still being worked
It is found, moreover, in these districts that the great demand for labor in the iron, coal and
engineering industries of Western Germany is seriously
lessening the supply of suitable work-people for the mills,
although within the last few years the wages of textile
workers have been raised to the extent of 25 per cent in
that part of the country.
ing of production.
in
some
mills there.
—
Great Britain'. The revival which has distinguished the
past season in the English cotton industry began in the closing weeks of 1898. It was marked by bolder and more liberal
buying in Manchester for India, where the distribution of
goods had been reduced by the prevalence of plague, scarcity
of money and famine. A subordinate yet important cause of
the India demand which came into operawas the declaration of native prophets that
the year 1899 would be lucky for marriages. These celebrations amongst the vast population of the Dependency are
always accompanied by large special purchases of imported
cotton goods, particularly of bleached and fancy sorts. The
growingly extended business in Manchester for India was
reinforced by larger operations for China. Then buyers
for other foreign and colonial markets were impelled to give
out orders much more freely, and the home-trade houses,
whose trade has been very active throughout the season,
also bought more abundantly.
renewed
life in
tion later on
of the country or another, that much of the present injury
may be repaired, that in any case disastrous famine is ex-
ceedingly unlikely, and that other circumstances are promising for a large Indian trade, experienced merchants are not
manifesting any real alarm.
It is instructive to notice circumstances which, apart from
those of an ordinary commercial kind, have been and still
are tending to enlarge the consumption of cotton. Some of
them are perhaps of small importance individually, and yet
they are collectively of considerable weight. The low price
of cotton, brought about mainly by economies in the cultivation and distribution of the staple, particularly in the
United Spates, including the better utilization of the seed,
has given it a great advantage in competition with other
textile fibres.
On the other hand the finer grades of wool
have for some time past been growing dearer, and even the
commoner
move upward.
season been more
varieties are threatening also to
But already cotton has during the past
extensively used than ever before for admixture, either as
warp or weft, with wool, silk and linen The new process
of "mercerizing" cotton is doing
much
to facilitate
and
extend this admixture. It is essentially an
invented more than forty years ago by John Mercer, a
Lancashire man. By a very simple adaptation this neglected invention has within the last three years become
old process,
practically useful for the first time.
Its effect
upon the
them
yarn and cloth to which it is
is
a bright silky appearance and a "kindliness" of texThis is
ture not possessed by ordinary cotton fabrics.
only one of the ways by which the relative cheapness of
cotton is inducing its extended employment as a textile
material, and which, so long as low prices continue, may
Thus, ever since the beginning of the present year the
be relied upon to ensure a large consumption of cotton for
Manchester market has steadily become more active and
purposes not hitherto recognized as belonging to its sphere.
stronger, and the order books of spinners and manufacturers have been getting fuller, first in one department and
then in another, until now. At the present time their conWe are indebted to our well-informed Manchester correstracts for many descriptions are sufficient to keep the ma- pondent for the foregoing instructive review of the spinchinery at work in executing them until next spring, and ning industry in Great Britain and the Continental States
in a few cases as far as the early summer months. Prices during 1898-99.
His facts and our own previous recital of
of goods and yarns have naturally improved step by step the conditions in the United States for the same twelve
with the successive renewals of demand, and instances are months leave but little to be added to complete this narravery rare in which producers are not in the enjoyment of a tive of the world's recent progress in cotton production and
profitable margin. New mills, chiefly spinning, are being manufacture. There are a few minor States that require
rapidly erected, a few having been already set to work, and brief mention. For the purpose of including them and preextensions of the older establishments, both spinning senting all the data bearing on the subject in a comprehenand weaving, are going on. There is, however, no sive and lucid form, we group together tke figures which
sign of excitement or rush in this enlargement of producing represent (1) the average weekly and the total annual
capacity.
consumption of cotton for a series of years of each manuEnglish spinners and manufacturers have had too painful facturing country in the world; (2) the world's production
and impressive a lesson in recent years of the risk of exces- (that is commercial crops) of cotton this year and previous
sive increase of machinery to plunge incontinently into years; and (3) the spindles as they stand to-day compared
fresh adventures. Indeed, it is greatly to the caution inspired with similar results in other seasons at the same date.
by past experience that the previous absence of extension,
It is a fact not to be overlooked that cotton consumption
already referred to, must be attributed. This lack of ex- has increased, not only in the United States, Great Britain
tension for some time past is, in its turn, one important and the Continent, but that there have been gains of more or
reason for the restoration of the profitable margins less importance in every other country where cotton manusoon
as
the revival of
dfmand had become facture by machinery has begun to be carried on. India,
as
an assured thing.
It must be observed, nevertheless, whose mill consumption showed a steady growth from a
that the
improvement of prices in the distributing weekly rate of 5,670 bales in 1880-81 to 21,250 bales in 1895-96,
markets abroad has not generally kept pace with and then fell back (because of the bubonic plague) to 19,308
the advance in Manchester.
Yet merchants have no bales in 1896-97, furnishes a record the last year of a satisthtt they will follow the upward movement, which factory gain, the weekly average having risen to 23,000
doubt
Japan, however, shows that greater proghas been gradual and slow, and for that reason is the more bales in 1898-99.
likely to be sustained.
The increase in the number of spin- ress is making there. It draws its supply of cotton mainly
dles at work and the number soon to be added to them, as from India and the United States. Cotton is raised in Japan,
well as the great extent to which the production is sold for- but the crop is small. Statistics of yield are not procurable
ward, afford an assured prospect of a very large consumption for the latest dates. The most recent we have are for 1896,
of cotton next season in the United Kingdom. Indeed, it when the crop reached 61,850,508 pounds, or 123,701 bales of
will probably be considerably in excess of the largest 500 pounds each. We omit Japan's home crop from our calamount hitherto recorded. This prospect is confirmed by culations and adopt (for the purposes of this compilation) her
the generally hopeful views of merchants engaged in the imports of cotton from the United States and India as the
distribution of Manchester goods throughout the world.
measure of consumption. On that basis the takings of cotOnly one cloud is to be seen on the horizon the rather pro- ton by the mills in Japan averaged in 1893-94 weekly 2,122
longed break in the Indian monsoon rains over a part of the bales, against 2,216 in 1894-95 and 5,587 weekly in 1895-96
for the past year the takings
Dependency. That is serious, of course, or at least it will and 6,866 bales in 1896-97
be serious unless the rains should be copiously resumed in made up in the same way have averaged about 10,800 bales
the threatened districts before long. Partial resumption is weekly. In China attention is now being given to modern
the spindles set up we
already reported, and merchants are not without hope that methods of textile manufacture
this will extend. In any case, having regard to the fact give in a following table, but the actual takings of cotton
that no year ever passes without some deficiency in one part we have as we write no sufficiently complete figures to enable
applied
—
;
;
to give
COTTON CROP OF THE UNITED STATES.
us to make a useful comparison. For Mexico and Canada we
adopt simply the imports of cotton into each country from
the United States. " Other countries" include the exports
of cotton from Europe and the United States to countries
ot her than those we name, and also the cotton burnt or lost
at sea. Hence the compilation we subjoin sets out substantially the distribution or ultimate destination of the
entire commercial cotton crops of the world.
THE WOBLD'S WEEKLY COTTON CONSUMPTION.
1898-99.
1897-98.
1896-97.
1895-96.
Bales.
Bales.
Bales.
Bales.
69,000
93,000
66,000
89.000
62,000
84,000
63,000
80.000
143,000
CoHii tries.
Great Britain
Continent
162,000
155,000
146,000
United States-North
do
do —South
43,1.'^4
25,173
34,770
22,192
34,154
18,500
Total. United States
Eaft Indies
68,327
23,000
10,800
1,918
56,962
21,942
10,103
2,236
52,654
19,308
6,866
l,5o7
575
686
527
36,293
34,967
28,208
700
680
497
267,320
247,609
227,359
Total,
Europe
Japan
Canada
Mexico
Total, India, etc
Other countries, etc
Total, World,
weekly
That
is
(except those for 1898 and 1899, which are estimated) are
communicated. Those for China are chiefly made
Consular reports. For Canada the totals are comup from
piled from the returns of individual mills and Mexico's
aggregates are in part estimated. In India, Japan and
China manufacturing is carried on by hand to a considerable extent, but no data is as a rule obtainabie. In Japan,
however, according to a recent consular report, it has been
computed thajt over 600,000 hand-looms are in use, and they
officially
employ about 890,000 women and 50,000 men.
Great Britain's exports of yarns and goods reached in
49,462 1898-99 an aggregate which embraces a large total; fully half
21,250 of the increase over the preceding season is found in the
5,587
1,302 shipments to India.
The statement of exports (reduced to
732
pounds) by quarters for the last two years is subjoined.
28,871 These years end with October 1, and the last two months of
446
the last quarter of the current season are estimated on the
221,779 basis of the July movement. Three ciphers are omitted.
32.904
16,558
The striking feature the foregoing brings out is the impulse which has been given to the increase in the consumption of cotton during the last three years, and especially the
last two.
For the two years the weekly average records a
gain of 39,961 bales of 500 pounds each, which would be for
a year (52 weeks) a gain of over two million (2,077,972)
bales.
These figures for Great Britain and the Continent are Mr.
except as we have noted above; those for the
United States are our own. India's totals are from the official
report of the Mill-owners' Association and Japan's aggregates
Ellison's,
GREAT BRITAIN'S COTTON GOODS EXPORTS FOR TWO TEARS.
-1898-99."
-1697-98..
Tama. Piece Goods. Total. Tarns. Piece Goods. Total.
Tards.
Pou/nds.
Pounds. Pounds.
T.trds
Pounds.
1,374,283
336,033
78,153
1,240.910
321,613
Istquar.— Oct.-Dec.. 70,052
•'
1,365,601
327,268
2d
Jan.-Mar.. 64,003
74,878
1,356,984
338,256
"
Apr.-June. 68,631
1,314,972
313,441
69,151
295,341
3d
1,167,904
59,968
4th " —July-Sept .60,000 *1,360,000 *323,44,3
1,317,320
315,373
(OOO's omitted.)
—
—
Total
252,686
6.394.856
281,950
1.3(.0,185
5.083.118
1,27J,583
to say, according to this record the mills
Estimated for the quarter on the July movement.
need to-day (without any further addition to consumption)
Our totals of pounds in the foregoing are of course inexact.
an annual supply of two million bales of cotton, of 500
pounds each, in excess of their needs in 1896-97. How this We prepare them ourselves and believe them to be fairly
added supply has been obtained and the sources from which close approximations. It must be borne in mind also that
the current year's figures are estimated for the last two
this cotton for consumption has been drawn is stated in the
of the last quarter, but the previous years' results
following brief compilation of the world's commercial crops months
are the completed official totals in all respects, except
of cotton represented in bales of 500 pounds each.
that the aggregates in pounds are prepared as just stated.
WORLD'S PRODUCTION OF COTTON.
If our estimate for the last two months of this season is not
1895-96.
1896-97.
1898-99.
1897-98.
Oountries.
Bales.
Bales.
Bales.
BaUs.
excessive, the shipments have been greater in 1898-99 than
UnitPdStates
11,078,000 10,890,000 8.435,000 6,912,000
East Indies*
2,210,000 1,964,523 2,021.401 2,241,711 in any one of the last fourteen years, the period during
Egypt
1,100,000 1,229,547 1,105,895 1,003,044
Brazil, etct
65,0u0
60,230
103,653 which we have kept the record in this form.
108,662
To complete year's history of the trade we give below a
Total
14,453,000 14,144,300 11,670,958 10,260,408
brief summary of prices, the statement being made to cover
Consumption 52 weeks. 13,900,640 12,875,668 11,822,668 11.532,508
Bar. from year's crop
552,360 1,268,632 al51,710 al,272,100
Visible and Invis. stock:
Sept. 1 begin'ng year
3,048,000 1,779,190 1,930,900 3,203,oro
Sept. lending year... 3,600,360 3,047,82^ 1,779,190 1,930,900
•Includes Inc'ia's exports to Europe, America and Japan and mill
consumption in Indix.
t Receipts into Europe from Brazil, Smyrna, Peru, West Indies, etc.
a Deficiency In the year'.s ntw supply.
be seen from the foregoing what has become of the
phenomenal cotton crops the United States produced in the
years 1897-98 and 1898-99. Those crops we may say substantially raised the world's product 2,473,342 bales in 1897-98 in
excess of what it was in 1896-97, and in 1898-99 it again
raised the world's crop 2,782,042 bales over 1896-97, and yet
the visible and invisible stocks of raw cotton on September
1 1899 were only increased 1,821,170 bales over the corresponding stocks at same date of 1897.
As we have often said, a statement of the number of
spindles in the world has not been of late years a measure
from year to year of the relative consuming power of the
mills.
In Great Britain, for instance, although Mr. Ellison
has reported the number for two years even less than in
1895, the capacity of the spindles for turning out goods and
consuming cotton has at the same time been materially increasing by the substitution of new spindles for old style.
This year we add to Great Britain 1,000,000 spindles and to
the Continent 1,500,000 latter mostly added in Russia. For
the world we make up the following statement.
NUMBER OF SPINDLES IN THE WORLD.
the last three years, so that the figures
parative situation.
Great Britain
Continent
Total Europe
46.tt<
1899.
0,000
32,850,000
V-08.
44.900.000
31,350,000
7f',760,000
76,250,000
Japan
China
Totallndla, etc
Canada
Mex
CO
Totalother
Total world
1,400,000
1896.
44,900,000
29,350,000
75,250,000
13,900,000
3,456,537
74,260,000
17,570.2!)0
17,356,537
IC ,811.196
4.259.720
1.150,000
4,0H.5.618
970,.567
3,9.12,945
United Stales— North.. ..13,950,000 13,900,000
do
—South.... 3,9S7,735
3,«70,2tf0
Total United States.. .17,937,735
East Indies
4.400,001
18!)7.
44.900,000
30,360,000
13,800,000
3,011,196
757,196
275,000
^00,000
66.i,000
440.000
6,40<',000
6,974,720
650,000
4fO,OC0
6.32,320
4rtt,0OJ
5,476,185
560,804
450.0U0
l.llO.OtO
1,092.320
1.010,804
988,156
IC4. It 7.735 100,887,380
99,093,526
97,014,493
4,965,141
640,000
448,166
reflect the
1897-98.
l>-98-f.9.
com-
1896-97.
"8
Liverpool.
CO
d.
Sept. 30...
Oct 31....
Nov. 30...
Average
)
Sep.- Nov.
s «
Si
11
It will
—
may
00
^1.
d.
s.
5
3
3''8
619,i 5
5
5
314
338
314
6I93..
5
638
5
5 '51, 5
3%
6',p
5
5
5
5313
3B<sj
6
3332
d.
S5
5'78
3l8
3132
5
ll
d.
d.
s.
d.
414
4i«
41s
d.
d.
4"l6
714
s.
5
4'73.,
d.
5 10'4
7S^
4"S2 71l6 5 7^
S
Deo. 31....
Jan. 31....
Feb. 28....
Average
Dec.-Feb.
Mch. 31
April 30...
May3l....
Average \
Mar.-M'y
718
314
6%
5
61*
6»16
6I4
5
615i6 5
6ilt 5
5
414
4I4
5I2
4
f>2
37ih
6111, 5
31*
5
423
4
6%
5
41b
5
5
5
5%
3313.
414
5h
418
62 'a. 5
6l5i, 5
6II1, 5
3%
61^
5
556
418
613i« 5
323
678
5
61b,B 5
4
5293
5
5
5
41*
6
5 4
338
3I4
5
6l6
5
5^
36i6
338
338
31332
6732
6I16
6 14
5
61*
37,8
5
61a
8I4
3183,
338
63
5 71 li
35, e
en
J
June 30...
4>«
53*
61^
i
...
6 1 732 5 45i2
6
5
5
81s
388
39,6
6»i«
6I3
37,e
6l8
6I4 5 8ifl 315..
July 31... 338
2
August 31. 31632 6'16 5IOI4 35i6
Average J 338
3133.,
65ie 5 9
J'ne-Aug i
Here we
6I4
6
315i6
4ls2
4
49
314
416
find conclusive evidence of the
2
5 85i2
5
4
4
314
5
48l«
613u 5 4I9
678 5 41s
more
profitable
character of the operations of the mills in Great Britain the
past season than in recent years.
We now add by months
the course of the Manchester goods market during the season
closing with August 31 1899, and also the Liverpool cotton
1805.
45,400,000
market in the same form for the same period.
These sum2^,250,000
maries have been prepared for this occasion with great care73.650,000
13,700,000
and the details will, we think, prove an interesting and use2,43:1,248
ful record for reference.
16,133,248
September. Manchester. Advices indicating favorable
3,809.fl29
5-0,945
weather in the United States strengthened belief in another
115,200
large crop of cotton and imparted a weak tone to values of
4,506,074
the raw material. In consequence manufacturers accepted
520,001
prices theretofore refu.sed and a considerable volume of
400,000
sales resulted.
Good harvests at home and in India were
92,000 expected to stimulate the demand for goods.
The inquiry
for Calcutta was active, rather more was done for Madras.
96,2C9,322
—
—
—
COTTON CROP OF THE UNITED STATES.
10
and some makes of standard goods were Ireely taken on
Chinese account.
The demand for Japan was likewise
quite brisk, in anticipation of the imposition of the new
duties in that countrj' on January 1. while buying for
South America and Central America was greater than in
the recent past. At the close manufacturers were said to be
well engaged for several months. Yarns and goods exported
in September from Great Britain (all reduced to pounds)
were 103,695,000 lbs., against 94,911,000 lbs. in September,
1897. The consumption of fiotton for the month was estimated by Mr. Ellison at 68,000 bales of o')0 lbs. per week in
Great Britain and 90,<>( bales of like weight on the Continent. Liver/jool
Advices from the United States largely,
if not wholly, shaped the course of the market for the raw
material during the month. Indications at the opening of
the month were that the crop movement would shortly
be of very large volume, and this imparted a weak tone to
the trading. A decline set in on the 3d. which continued
.with but slight interruption to near the close. From 3 5-16d.
on the 1st middling upland advanced to 3 ll-32d. the following day. but on the 3d there was a fall of l-32d., and
similar losses were recorded on the 5th, 14th, 15th, 19th and
21st.
A recovery of l-32d. occurred on the 22d, but the
price receded again on the 23d and further declined l-32d.
on the 26th, and the quotation then established SJ-^d.
was unchanged during the remainder of the month.
October. Manchester. The developments in the cotton
goods industry during October were as a rule of a distinctly
favorable character.
A more active inquiry for India,
China, the Levant and some South American countries contributed to swell the volume of business to very satisfactory
proportions, and the fact that transactions were put through
at slightly better prices than had been ruling was a not unimportant feature. At the close a very hopeful feeling prevailed with regard to the general outlook. Spinners and
manufacturers were said to be largely under contract for
future delivery, in some cases orders already booked being
sufficient to keep machinery fully employed well into 1899.
The current out-turn of spindles and looms moreover was
stated to be the heaviest on record. Exports of yarns and
goods from Great Britain in October reached a total of
110,588,000 lbs., against 100,816,000 lbs. for the corresponding period of 1897. The estimated consumption for the
month in Great Britain was raised to 69,000 bales per week,
and Mr. Ellison also increased the rate on the Continent to
91,000 bales. Liverpool
The market for raw cotton was devoid of any features of importance during the month. While
belief in a large yield still prevailed, the good demand for
consumption and investment acted as a check to any further radical decline in prices, which were considered already
—
—
—
—
—
low enough.
The month opened with middling upland
rul-
ing at 3 l-16d., and subsequent fluctuations were unimportant and infreouent. The close was at 3 l-32d.
November. Ma7'Chenter.—The conditions which prevailed
in the goods market in NoA'ember continued very favorable.
A strong and healthy tone was manifest, the aggregate sales
in many departments were extremely satisfactory and the
volume of orders under which producers worked was more
extensive than in many a month. Buyers were induced to
operate with considerable freedom by the low level of
prices, which they considered as affording a reasonably safe
basis, especially as engagements already entered into by
manufacturers were of such magnitude as to render improbable any important decline, even with cheaper cotton.
One of the principal discouraging factors affecting business
was removed by the peaceful settlement of the Fashoda incident. During the last few days of the month a fractional
increa.se in the values of yarns and goods occurred.
The
November exports of yarns and goods did not reflect the
improvement in the cour.se of business. It is true they
reached !• 5,121 ,000 pounds, or about threo and a-half
millions pounds greater than in October, but in Novem
ber of 1897 the total was 112,'=>62,noo pounds. No change
was made in the estimated weekly rate of consumption.
Liverpool. - The general tendency of the market for
the raw material was upwards. This was stimulated by
the good demand for spot cotton, but fluctuations were at
no time marked. Middling uplands opened the month at
3d., or l-32d.oflF from the October final price, advanced l-32d.
on the lOth. dropped back again on the 11th, and recovered
on the 1.5th. Gains of l-32d. on the 19th and 23rd, and
l-16d on the 2Hth carried the quotation to 3.5-32d., at
which the market closed after a net gain of i^d.
December.— M'/7ir/ie.sfer.— The conditions showed no ma
terial change from those which dominated the market for
cotton goods
November Quotations were firmly maintained and a satisfactory aggregate of transactions was
reported. Toward the close of tne month the market was
.said to have turned more quiet, with only a moderate business done. But as spinners and manufacturers were well
under contract, they were independent and refused any
orders under ruling quotations.
Reports from the cottonmanufacturing corporations indicated that the spinning industry had been more prosperous in 1898 than in any year
since 1890, operations yielding an average return of nearly
five per cent on the capital employed. Furthermore, during
1898 there was an addition of 450,( 00 spindles, and at the
close mills fitted with 700,000 spindles were in course of construction. Yarns and goods exported from Great Britain
reached a total of 120,324,000 pounds, against only 108,235,000
pounds for December of the previous year. The rate of con-
—
m
sumption by the mills was estimated the same as in November. Liverpool. — A tendency to give credence to very full
crop estimates in view of the continu.ed free movement of
cotton in the United States checked the upward movement
which was in progress and turned the course of prices downward. The decline was not important, however, and was
arrested shortly after the middle of the month. Opening at
3iRd.
a decline of l-32d. from November 3t> middling uplands recovered to 3 .5-32d. on the 9th. but fell back l-32d.
on the 16th and again on the 19th, the ruling quotation then
being 3 3-32d., and so continued to the close.
January. Manchester. — Although during Januar therey
were fewer transactions in cotton goods than in previous
—
—
—
of the season, business was sufficiently bri^k,
in view of the large volume of orders on hand at the
close of December, to materially strengthen the tone in
many departments. This upward tendency was also encouraged by the rise in American c.tton, which likewise
encouraged buyers of goods to operate, but the offers for
goods were only in rare instances at prices equivalent to the
rise in the raw material, and hence actual transactions were
restricted. On the whole, however, current engagements
were larger than for a number of jears past. While the
months
increase of the plague at Bombay was considered a draw
back, the prospects of an improvement in trade in India, so
far as they were dependent upon the harvest situation, were
considered to be favorable. Among the features of the
month was a movement started by some of the operatives
in Lancashire to obtain an advance in wages, but it had
not progressed beyond conferences at the close. The aggregate exports of yarns and goods from Great Britain in
January were 109,066,000 lbs. against 111,325,000 lbs. in 1898.
Mr. Ellison estimated the weekly rate of consumption in
Great Britain the same as in the previous month, but advanced the Continental figures to 93,00'> bales, or 2,0(i0 bales
Liverpool.
greater than for December
smaller crop
movement than expected in the United States stimulated
an active demand for cotton shortly after the opening of
the month, and brought about an upward movement in
prices, under which a net advance of 3-16d. was made. Middling uplands ruled at 3 3-32d. upon the resumption of business after the holidays, rose to SJ^^d. on the 9th and 3 5-33d.
on the 10th. A decline of l-32d. on the 16th was followed
by gains of l-16d. on the 19th, l-32d. on the 21st and a
similar increase on the 23d. On the 26th a further advance
of l-16d. occurred, but the 31st witnessed a loss of l-32d.
February. Manche,*ttr. The course of the cotton goods
While
trade during February continued satisfactory.
transactions did not reach so important an aggregate as in
farlier months of the season, a fairly large business was
done, and manufacturers closed the month with orders
The advance in American cotton
booked well ahead.
tended to narrow the margin for profit somewhat, but in
the more favored lines of goods slightly better prices were
secured. A circumstance which served to strengthen the
position of sellers, as well as give confidence to buyers, was
the small movement of the American crop. The further
spread of the plague at Bombay restricted operations for
that quarter, but in general the conditions in India were
encouraging and a fairly active demand was reported. For
other Eastern markets the trade was only moderate, but for
South America and Central America dealings were of good
more definite stage in the movement for an advolume.
vance in wages of spinners was reached, formal notices being
sent out Feb. 25 that an increase of 7d. in the pound sterling
would be required from March 25. Weavers in various districts also made demands for a restoration of the 10 per cent
reduction made in 1897. Y'arns and goods exported from
Great Britain were during the month 104,719,000 lbs., against
No change was made in
10?), 277,000 lbs. in February 18^8.
the estimated weekly rate of consumption. Liverpool. The
continued comparatively small movement of the American
crop and the consequent tendency to reduce estimates of
yield were responsible for the upward trend of cotton during
February. The market opened at BJ^d for middling uplands, rose to 3 9-32d. on the 2d and 3 5-16d. on the 7tb.
but reacted to 3 9-32d. on the 9th. Advances of l-16d. on
the 10th and 3 32d. on the 13th carried the quotation to
the highest of the season. During the latter part
3 7-16d.
of the month advices ascribing the restricted movement to
the bad weather were effective in bringing about a decline
of l-16d. between the 19th and 24th, the close being at 3%d.
March. Manchester.— A little falling off in activity in
the goods market was noticeable in March, but producers
were in the main so well under orders, as a result of previous heavy transactions, that prices were v^ell maintained. In fact, quotations were slightly advanced shortly
after the opening. The smaller demand was not unexpected, being looked upon as a natural reaction. The outlook for trade with India was marred by the increase in
mortality at Calcutta. The inquiry from the East was on
the whole only fair, but there were indications of a revival
of demand for Japan. For South America and Central
America the dealings were of fairly satisfactory volume.
The threatened trouble with spinners was finally adjusted on
the 27th by advance in wages of 7d. in the pound sterling,
but no arrangements had yet been arrived at with the
weavers. Exports of yarns and goods from Great Britai))
for the month were 113,483,000 lbs., against 123,654,000 lbs.
in 1898. The previous rate of consumption was maintained.
Liverpool. The market was largely under the influence of
—A
—
—
A
—
—
—
—
C OTTO A CltOF
OF THE UNITED STATES.
11
news from the United states during the month. The com- aging buyers to operate. Under tlie circumstances the
paratively full movement of the American crop held pretty- position of manufacturers was considered to be decidedly
well in check any tendency toward an advance, quotations satisfactory, and with producers so well under contract as
Middling reports indicated, no easing off in prices of goods was anticifluctuating within narrow limits throughout.
uplands opened the month at B^gd., rose to 3 13-32d. on the pated, even though the raw material should decline. The
2d, 8 7-16d. on the 4th and 3 15-32d. on the 6th, but a thirty- unfavorable feitures of the month were the re-appearance
second decline on the 9th, 11th and 14th brought the prices of the plague at Poonali and the partial failure of the
back to 3^sd- On the 21st there was a loss of l-32d., which Indian monsoon, but in the general activity which prewas recovered on the 2Tth, and a gain of l-32d. on the 29th vailed these adver.^e conditions were almost lost sight
They had some effect, however, on trading for India
of.
was lost on the 30th, the close being at S^gd.
Transactions lor
April — Mancf.esrer. —Some uneasiness was manifested up to near the close of the month.
during April over the possible outcome of the dispute with China were unusually brisk, and a good business was
Exports of yarns
the weavers. The decisive stand taken by the operatives in put through for other Asiatic markets
favor of striking if their demands were not acceded to gave and goods were greater than in any month since December
a serious aspect to the situation. At a conference held be- 1898, reaching 113.390.000 lbs., and exhibited a satisfactory
tween representatives of the men and the master weavers excess over the total Tor July 1898—106,760,000 lbs. Conon the 25th, nothing was accomplished, but a further meeting sumption was estimated the same as in the preceding
was arranged for May 3. Transactions in cotton goods showed month. Livef^pool. —The market for the raw material presome contraction from the previous month, and in a few sented no features of especial importance in July. The fadepartments the dearth of orders was quite noticeable. vorable condition of the goods market was an element of
While the mortality from the plague continued high, cur- strength which sufficed to offset the weakening tendency of
Fluctuations were infrequent
rent business for India was not curtailed to any serious ex- satisfactory crop advices.
tent. Dealings for South America and Central America and unimportant, the net change from opening to close
were of fair aggregate. The exports of yarns and goods being l-16d. advance. From 3 5-16d. for middling uplands
from Great Britain to foreign ports in April, while less than on the 1st there was a rise of 1 32d. on the 3d, which was
lost on the 12th and regained on the 18th, and followed by a
in March, reached a satisfactory total 103,596,000 pounds
simlar increase on the 20th to 3%d.
-appreciably exceeding the shipments for the month m 1898
August. — Manchester. —The developments in the market
94.845,000 poimds. The estimated weekly rate of consumption in Great Britain was maintained at 69,000 bales of 5u0 for cotton goods were on the whole satisfactory during
pounds each, but the figure for the Continent was increased August. There was less activity in the dealings than in the
to 94,000 bales. Liverpool. The market for the raw mater- preceding month, but manufacturers were so well under
The move- orders that no efforts were made by them to stimulate transial was quiet and steady throughout the month.
ment of the crop in the United States continued veiy free actions. The volume of business put through, however, was
for the season of the year, but on the other band uncer- of very fair proportions and at full values. In fact, early in
tamty with regard to the next crop gave strength to the the month quotations for both cloths and yarns were marked
situation. On the resumption of business after the Easter up, following the course of the raw material, and toward the
Ruling prices were at
holidays (May 4) middling uplands was quoted at3%cl., and, close a further advance was made.
except for a temporary decline of l-32d. on the 14th which all times firmly maintained, and the very favorable position
was recovered on the 17th, ruled at that figure to the close. of manufacturers at the end of the month seemed to assure
May. —Manchester. — The most important development in- the continuance of the present basis of values, or even higher
fluencing the cotton goods trade in May was the fin»l quotations, unless there should be a decline in cotton. Lweradjustment of the wages dispute with the weavers. By the pooZ.— The controlling factor in the market for cotton was
settlement, which was reached on the 3d inst., the opera- the news from the United States. Middling uplands opened
tives were accorded an increase of 2^ per cent, the advance the month at 3%d., or the same as at the close of July, but
to go into effect July 1. With this disturbing influence was marked up l-32d. on the 8th and again on the 9th upon
The
eliminated a considerable volume of business which had ac- advices of injury by drought, rust and shedding.
-cumulated during the period when the outcome of the dis- Bureau report came let-s favorable than anticipated and
pute was in doubt was put through. In some cases the orders prices hardened, advancing l-32d. on the 11th and i^d. on
booked were extensive and covered deliveries extending the l2th. On the 14th, however, the publication of a crop
into 1900, and generally manufacturers were so well estimate predicting a yield of 12,000,000 bales caused a
engaged ahead that confidence in the maintenance of weakening of tone, and during that and the succeeding
prices was freely expressed.
News from India was en- three days an aggregate decrease of 3-16d. occurred. Concouraging, the advices indicating a rapid subsidence tinued reports of damage arrested the decline, and by the
of the plague and a satisfactory demand for goods from the 22nd the loss was almost entirely recovered. During the reinterior.
Yarns and goods exported from Great Britain mainder of the month there were frequent fluctuations, but
—
—
were, during the month, 103,278,000 pounds, against 98,188,- within narrow limits, resulting in a net decline of 3-32d.
OOO pounds in May 1898.
The rate of consumption was esti- The final price for the season was 3 15-32d., or 3-32d. admated the same as in April. Liverpool. Following the vance for the month, and a g'iin of 5-33d. over Aug. 31 1898.
settlement of the wages dispute in Lancashire, the demand
We now add our usual table of consumption of cotton in
for cotton became more active and transactions were of Europe and the United States. These figures are not the
liberal proportions. Quotations, however, wer.e but little takings of the mills, but the actual consumption of the mills,
affected. In fact, middling uplands ruled at 3%d. most of and are in all cases expressed %n bales of 500 pounds.
the time, the variations being l-32d. below on the 3d and 4th
a,nd l-32d. above from the 6th to the 15th and on the 31st.
Vmted States.
Europe.
Consumption.
June. Manchester. During the first half of June there
Totai.
Total
Total
Great
ContiBales 500 lbs.
North.
South.
was a brisk demand for cotton goods and a large volume of
Britain.i nent.
Europe
U.S.
business was put through at gradually hardening prices.
2,467,000 1,626,000 4,093,000 926,000
122,000 1,048,000 5,141,000
Subsequently the inquiry eased off somewhat, but manu- 1872-73
113,000 1,152,000 5,305,000
2,502,000) 1,651,000 4,153,000 1,039,000
facturers were so well situated as regards orders that they 1873-74
127,000 1,062,000 5,324,000
1874-75
8,470,0001 1,792,000 4,262,000 935,000
evinced no disposition to make further engagements except
2,541,000 l.Oaa.OOO 4,463,000 1,075,000
127.000 1,202,000 5,665,000
1875-76
at quotations previously ruling. As in May, some of the 1876-77
120,000 1,263,000 5,711,000
2,516,000 l,eO?,000 4,418,000 1,134.000
bookings included orders for delivery in 1900, and generally 877-78
2,431,000'2,007,000 4,488,000 1,246,000
134,000 1,380,000 »,8I 8,000
the month's business, taken in connection witn contracts
Aver. 6 years. 2,493,000 1,817,000 4,310,000 1,059,000 125,0001 1,184,000 5.494,000
already in hand, was sufficient to keep machinery fully em135,000 1,427,000 5,778,000
2,274,000 2,077,000 4,351,0001, 292,000
ployed for three or four months, or well into the fall. It is 1B78-79
162,000 1,583,000 6,465,000
2,68 ,000 2,200,000 4,880,0001, 423,000
also worthy of note that as a rule a very full profit could be 1879-80.. ..
187,000 1,694,000 6,917,000
2,858,000 2,365,000 5,223,0001, 507,000
seen in the dealings. Furthermore, merchants now being well i880-81
1881-82
2,912,000 2,55S,000 5,470,000 ,545,000 213,000 1,758,000 7,228,000
.stocked with goods had a common interest with producers in
1882-83
306,000 1,900,000 7,599,000
2,995,000 2,704,000 5,699,000 ,594,000
the maintenance of prices
Advices from India indicated a 1883-84
303,000 1,795,000 7,432,000
2,938,000 2,704,000 5,637,000 ,492,000
perceptible drop in the plague death rate; but the outbreak
Aver. 6 vears. 2,7?6.000 2,434,000 5,210.000 1,476,000 218,000 1,694.000 6.904.000
of the plague in Egypt interfered somewhat with commercial affairs at Alexandria.
241,000 1,527.000 6,877,000
The exports of yarns and goods 1884-85
2,746,000 2,604,000 5,350,0001,286,000
810,000 1,822,000 7,496,000
2,802,000 2,772,000 5,674,000,1,512,000
from Great Britam reached 106, .567,000 pounds, against l(»2,- 1885-86
361,000 1,939,000 7,806,000
2,955,000 2,912,000 5,887,000,1,578,000
308,000 pounds
June of 1898. Mr Ellison made no change in 1886-87
400,000 2,024,000 8,134,000
3,073,000 3.037,000 8,110,0001,624,000
the estimated rate of consumption. Ltverj)ool. The large 1887-98...
3,016,000 3,256.000|6,272,000 1.704.000 444,000 2,148,000 8,420,000
current supply of cotton and the continued favorable re- 1888-89....
1869-90....
503,000 2,185,000 8,844,000
3,227,000 3,432,000 6,659,000 1,682,000
ports on the growing crop in America were factors which
Aver. 6 years. 2,986,000 3,002,000 6,988,000 1,584,000 377,000 1,941,000 7,929,000
checked an upward movement in quotations, such as the
active dealings in goods would serve to stimulate. In fact, 1890-91
557,000 2,367,000 9,382,000
3,394,000 3,63 ,00o| 7,0 5,000 1 ,810.000
while there were no marked changes in prices the general 1891-92
632,00U 2.576,000 9,376,000
8,181,000 3,619.000 6,800,000| 1,944,000
tendency of the market was downward. Middling uplands 189i-93
2.866.000 3,661,0O0J6,527,O00:l,b72.0O0| 679,000 2 551.000 9,078.000
671,«00 •i,2n4,000 9,324,000
opened the month at 3 13-32d., rose to 3 7-16d. and reacted 1893-94
3,233.000 3,827,000 7.060,000jl ,593,000
3,250,000 4,O3O,O00J7,28O,0o0!l,940,I.O0: 803 000 2,743,(0(' 10023000
to 3 i3-32d. on the 10th. On the 21st there was a decline of 1894-95
ie95-96»
861,000 2,5'; 2,000 10008000
3,276,000 4,160.000j 7,436,O0Ojl,7H,00O
l-.32d. and similar losses on the 22nd and 26th carried the
price down to 3 .5-16d., at which the month closed.
Aver. 6 years, 3,198,000 3,821,000 7,019,000 1,812,000 700,000 2,51V,000 9,531,000
July. Manchester-.— The improved conditions in the cot- 1896-97
962,000 2,738,000 I' 330000
3,224,000 4,.'?68,000 7,592,000 ,776,000
ton goods market heretofore noted were as clearly manifest 1897-98*
8.432,000 4,628,000 8,060,000! 1 ,808,000 ,154 ,000 2,962,000111022000
in about all branches of the trade in July. Large additiocs 189&-99*.
.S.588.fi00 4,8.36,000 8,424.00ol2,244.000 1.309,000 3.553.000' 11 977000
to former engagements were booked in most departments
• Flares of European Consumption for 1897-98 and 1898-99 will
and in the aggregate the volume of orders was exceptionally probably be changed sliglitly by Mr. Ellison when he makes up his
heavy, the very favorable general business outlook encour- October Annual.
—
—
—
i
.
.
1
m
—
.
!
.
1
1
i
.
.
j
j
.
.
—
1
'
.
1
1
1
.
COTTON CROP OF THE UNITED STATES.
12
Another general table which we have compiled of late
years is needed in connection with the foregoing to furnish
a comprehensive idea of the extent and the expansion of
this industry. It discloses Europe and America's cotton
supply and the sources of it. The special points we have
sought to illustrate by the statements are, first, the relative
contribution to the world's raw material by the United
States and by other sources, and, second, to follow its
distribution.
WORLD'S SUPPLY AND DISTRIBDTION OF COTTON.
Vxsibie
Crops.
and
Supply
begin'nn
Supply
United
Total
Crop.
of Other
States.
Balance of year's supply.
lotal
InvisibU
Actual
Consumpt'n.
End
of Tear.
Burnt,
Invisi-
Visible.
Countr's
of year.
1,8'9,000 1,742,000 1,784,000
1.29J,000 1,686,000 2.174,000
1,070,0002,051,000 2,12?,000
3,526,000 1,068.000 1,120,000
3,860,0004,016,000 1,024,000
4,173,0003,983,000 1,008,000
l,216,000|l,6PO,000 2,744,000
1,380,000 1,620,000 3,786,000
4,434,OOOJ4,206,000 1,080,000
6,406,000 4,656.000 1,357,000
2,062,000 2,429,000 2,593,000
5,022,0005,052,000 1,426,000
1866-67.
1867-68.
1868-69.
1869-70.
1870-71.
1871-72.
Aver'ge
1,870.000 2,534,000
<fcc.t
ble.
175,000
42,000
46,001.
39,000
208,000
44,000
64,000
300,000
705,000
534,000
4,404,000:4,335.000
1874-75.
1875-76.
1876-77.
1877-78.
2,018 ,000,3,373,001 1, ,847,000
1,«5S ,0004,137,000jl, ,614,000
1.876,,00(13,946,000 1 ,518.000
1,569,,0004,340,000[1, 205,000
5,545,000'5,818,000
Aver'ge
.i3,817.000 1,618,000
583,000
674,000
59,000
64,000
564,000
491,000
56,000
68,000
515,000
261,000
60,000
64,000
6,435,000 5,494,000
1
971,000
5,623,0005,778,000!
6,760,000 6,465,000 1,199,000
160,000
7,485,000 6,917,000 1,537,000
197,000
6,866,000l7,228,000 1,090,000
202.000
560,000
Aver'ge
7,034,0006,904,000
,118,000
1
5,377,000 1,657,000
1884-85. 1,550,000 5.136,000
1885-86. ,1,343,0005,984,000
1886-87. 1,441 ,000 5,960,000
1887-88. 1.473,00016,400,000
1888-89. 1.291,000 6,463.000
39,000
8,326,000[7,599,000 1,363,000
7,135,000!7,432,000 1,204,000
1,608.000
6,742,0006,877,000
1.680,000
7,864,0007,496,0001
1,983,000
7,942,OOOJ7,806,OOOj
1,680,000
8.080.0008,134,000
1,880,000
1889-90. 1,119,000 6,820,000 2,064,000
8,343,000,8,420,000|
Aver'ge
346,000
1
6,127,000 1,815.000
8,884,00018,844,0001
984,000
968,000
969,000
772,000
682,000
846.000
Wilmingt'n, &c. 03-08 03-52
03-23
02-78
02-71
03-03
02-80
02-29
02-97
05-98
Norfolk, &c
Charleston, &c. 03-55
Savannah, &c.. 12-27
01-63
Florida
05-08
08-20
06-9^
07-79
10-20
07-39
09-54
11-85
10-42
04-90
05-47
05-19
05-61
04-35
05-18
05-95
04-50
15-24
00-52
03-37
26-99
427,000 80,000
508,000 100,000
365,000 89,000
336,000 130.000
9.802.0009,531.000
illustrate the preceding, take the
126,000
last season, 1898-99,
results would be as follows.
Suppii/— visible and invisible stock beginning of year
Total crop during year
Total supply— bales of 500 lbs
IKstributionr-T ot&l consumption
Burnt, Ac, during year
and the
3,048,000
12,949,000
419,000—12,396,000
Total visible and invisible stocks at end of year
.
3,601,0(0
Europe
The foregoing clearly shows the course of the cotton
industry in Europe and the United States. By including
India, Japan, China. &c., the actual worlds consumption
would appear as follows.
Wo'JtVs
189.5-96
1896-97
1897-98
1888-99
Great
Britain.
3,384,000
3,181,000
2,866,000
3,233,000
3,250,000
3,276.0^0
3.224,000
3,432.000
3,588,000
rH
00
rH
rH
Corir-
United
tinent.
States.
3,031,000
3,619,000
3,001,000
3,827,000
4,030.000
4.160,000
4,368.000
2,264,000
2,743,000
2,572,000
2,738,000
4.6-28,000
2,9R2,0(X)
4.836,000
3,553,000
All
India.
924,000
914,000
918,000
959,000
2,307,000
2,576,000
2,.^j51,000
1,074,000
1
,10.5,000
1,004,000
1.141,000
1,106,000
Oth'TS.
Total.
1.50,000
10,4.56,000
160,000
220,000
10,450,000
10,216,000
10,533,000
11,397,000
250,0tJ0
300,000
419.000
488,000
713,000
727,000
11,.532,000
11,822,000
12.876,000
13,900,000
Overland and Crop Movement.
Overland.— -A- further gain in the volume of cotton
carried by the overland routes is to be noted the past year.
In fact, the increase over the previous season's total— the
—
s
rH
!
i
CO
iH
iH
!
2
d.
02-38
13-06
11-69
12-56
05-98
11-00
14-12
13-78
13-22
15-32
01-21
01-04
00-48
00-32
00-50
00-47
00-30
00-59
Mobile
02-26 03-13
Orleans... 19-88 24-06
Galveston, &c. 21-52 18-08
N. Y., Bost., &c. 05-00 04-66
03-35
02-77
02-43
02-95
03-43
34-42
25-27
26-12
02-84
25-15
02-55
New
23-85
27-71
24-00
17-06
16-60
17-54
14-19
16-43
13-27
12-23
1203
03-76
03-75
05-84
04-05
04-67
04-73
04-45
04-95
Total through
75-34 77-60
all ports
78-22
75-32
79-68
79-49
76-29
79-19
80-79
80-35
12-20
11-42
10-02
11-89
11-69
10-90
12-79
13-27
12-21
12-14
12-46
10-98
11-76
12-79
8-63
09-61
10-92
7-54
7-00
7-51
Overland net...
Southern consumption
Tot. U.S. crop. 100-00 100-00 100-00 100-00 100-00 100-00 100-00 100-00 100-00 100-00
In the above we have figured only what is called the net
overland, as the remainder of the gross amount is counted
at New York, Boston, Philadelphia, etc., or at the Southern
ports where it first appears in the receipts. At the same
time the entire Qross overland reaches a market by some allrail route
hence in measuring the total overland we can do
so correctly only by using the gross figures. To indicate
therefore the progress made since 1878-79 we give the
following.
;
Crop of
Total Yield.
Bales.
1,451,000
This column covers cotton exported to countries not covered by
flguresof consumption, and cotton burnt in United States, on sea. and
Consumption.
i
CO
oo
2,150,000
t
1890-91
1891-92
1892-93
18!«-94
1894-95
at—
15,997,000
11,977,000
Leaving visible stock
Leaving invisible stock
In
Received
92,000
1896-97. 1,931,0008,436,000 1,933,000 10,368,00010330000 1,094,000 685,000 190,000
l'-97-98 1,779,00010890000 1,791 ,00ti 12,681,000,11022000 1,641,000 1407,000 390,000
1898^^ 3,048,00011078000 1,871,000 12,949.000 1 1 977000 2,150,000 1451,000 419.000
To
—
80,000
96,000
76,000
1893-94. 2,258,0007.138.000 2,188,000 9,324,000 9,324,000 1,792,000
1894-f8. 2,128,000!9,640,000 1,658,000 11,298,000| 10023000 2,185,000 1018.000 200,000
1895-96. 3,203,0006,912,000 1,989,000 8,901,000110008000 1,231,000 700,000 165,000
17,817.000 1,985,000
last season increased its cotton freightage some 240
per cent, has suffered a loss in 1898-99 of a part of that gain
the loss being about 9 per cent of last year's totil.
The proportionate marketings of the crop through the
Southern outports do not furnish this year as reliable an indication of the alterations in yield in the various sections
as is usually the case. The net receipts at all Southern
ports have been 211,448 bales less the current season than in
1897-98, notwithstanding the total yield is 54,423 bales
greater than that year. Galveston, to be sure, records a
satisfactory gain, and thus truly reflects the situation in
that State; but no other important port except Norfolk
makes a better showing than last year. In the case of Norfolk the increase in receipts (101,057 bales) merely demonstrates a widening of the territory from which that port
draws its cotton. For the first time in the history of the
cotton movement New Orleans has had to relinquish first
place as a receiving point. The variations in receipts that
have occurred in the last ten years are shown in the subjoined statement.
Per cent of Crop
259,000 72,000
473,000 70.000
474,000 104,000
619,000 128,000
437,000 95,000
231,000 82,000
1890-91. 1,077,000 8,137,000 1,990,000 10,127,0009,382,000 1,315,000
1891-92. 1.742,000 8.640,000 1,912,000 10,552,000 9,376,000 2,310,000
1892-93. 2,818,000^6,435,000 2,172.000 8,607,000 9,078.000: 1,903.000
Aver'ge
which
68,000
71,000
72,000
77,000
7,942,000,7,929,000
1
Via Cairo a small increase is indicated, but if we include
with the aggregate for that point last year the figures for
Parker, which route is now a part of the Illinois Central
system, a slight decrease is seen. The Rock Island road,
62,000
854,000
1878-79. 1,232,,000 4,510,000
1879-80. 1.014,,000|5,245,000;l, ,515,000
1880-81. 1,238,,000;6,015,000 1, ,470,000
1881-82. 1,734 ,0004,85^,000,2, 008,000
1882-83. 1,292, ,000 6,446,000 1, ,880,000
1883-84. 1,923 ,0005,188,00o|l, ,947,000
1,
72,000
55,000
9,093,0005,141,000 1,270,000
5,534,000'5,305,000 1,344,060
5,220,000j5,324,000 1,294,000
5,751,000:5,665,000 1,385,000
5,464,000:5,711,000 1,054,000
1872-73. 1,980,,0003,42R,OOo!l, ,667,000
1873-74. 1,853,,0003,678,00011 ,856,000
68,000
rate of gain via St. Louis has been a little over 8 per cent.
heaviest recorded up to that time is 161,013 bales, or more
than the excess shown by the crop of 1898-99 over that of
1897-98. The various routes with but unimportant exceptions have shared in the increase this year, Louisville
Cross
Overland.
2,057,024
6,717,142
9,038.707
8,655,518
7,313,726
6,935,082
7,017,707
6,513,623
6,550,215
5,H69,021
5,714,052
6,992.234
5,435,845
6,589,329
5,757,397
1,290,512
1,800.482
1,666,145
1,429.192
1,460,180
1,411,920
1,292,167
1,260,279
1891-92 ...
1890-91 ...
1889-90...
1888-89 ...
1887-88 ...
1886-87 ...
1885-86 ...
1884-85 ...
1383-84 ...
1882-83 ...
1881-82 ...
1880-81 ...
1879-80 ...
Change from season
of '79
1,896,0 il
1.282,211
1.190,299
1,867.104
1,23.'?,856
991,960
1,049,070
1,217,215
1,134,788
1.090,067
1,181,147
and Deerease-
0/ Crop.
Per
Bales.
1898-99 ... 11,235,383
1897-H8 ... 11,180,960
1896 97 ...
8.714,011
1895-96 ...
7,162,473
1894-95...
9,892,766
1893-94 ...
7, .=127,211
l8i»2-93 ...
Increase
Of Overland.
80 to '98-99 Incr'se
Per
Gt.
Increase 00*48
Increase29-31
Iiicrease21-66
Deer easel' -GO
Increase 3Vi3
Increase 12-06
Z)ecrea«e 25-68
Increase 4-43
Increase 18-35
Increase 5-4i>
Decrease 1-18
Increase 7-74
Decrease 0-56
Increase 15-54
Decrease 0-78
Decrease 18-28
Increase 28-61
Decrease 17-50
Increase 14-45
Increase 13-48
95-10
at.
Increase 07-83
Increase 47-90
Increase 7-72
J)ecreaj(e 36-25
Increase 48-64
Decrease 02-84
X)ecrea8e28-32
Increasi 806
Increase 16-58
Decreast l-XI
Increase 1-27
Increase 11-59
Increase 2-53
Increase 27-05
Decrease 5-44
Decrease 13'07
Increase 7-26
Increase 4-10
Decrease 7-71
Increase 32-47
Incr'se
74*24
In determining this year the portion of the crop forwarded
of the different overland routes, we have followed
our usual methods.
First Of counting each bale of cotton at the Southern
outport where it fir.st appears.
Second -Of deducting from gross overland all cotton
shipped by rail from Southern outports to the North.
by each
—
Third— Oi deducting also from overland any amounts
taken from Southern outports for Southern consumption.
i*0Mr</i— Of deducting likewise arrivals by railroads at New
York, Boston, Baltimore and Philadelphia, aU of which have
been counted in the receipts from week to week during the
showing a marked gain, the aggregate passing
through that center having ri.sen from 134,111 bales in
year.
1897-98 to 214,815 bales in 1898-99, or an augmentation of
With these explanations nothing further is needed to
over 60 per cent. Through Cincinnati the roads have car- make plain the following statement of the movement over
ried over 1.5 per ccsnt more cotton than a year ago, and the land for the year ending August 31 1899,
especially
COTTON CROP OF THE UNITED STATES.
1897-98
1898-99.
961,875
408,712
Via St. Louis
Via Cairo
Via Parker
Via Rook Island
Via Louisville
Via Ctnolnnatl
«...
42,967
214.815
180.421
228.954
19,280
Via otber routes
supped to
mills, not Inoluded above.
574,055
274,165
24.056
13,951
137,107
151,439
94,640
12,798
327,845
561,310
51,918
7,114
27,120
13,207
509,408
50,953
7,375
19,190
7,743
!;
21,892
50(
3,611
3,199
17,418
22,906
7,049
5,146
11,862
3,802
18.841
686,626
619,397
409,207
1,308
2,710
Total to be deduoted.
5,231
6,52.5
873,004
1,370,398 1.276.614
Leavlnjr total net overland*
shipments to Canada by rail, which during
92,643 bales, and are deduoted in the statement
tnclurtes
total
1898-9 amounted to
of consumption.
Deduct :
Rec'd from Charlest'n,&o.
Received from Florida—
Upland!
Stock beginning of year
id.
Uplanc
Sea Island.
— 1898-99.-
1897-98.
5.358
2,302
6C0
3,523
6,034-
1,628
6,417-
12,459
Total product of year
1,378,753
13,403
1,459,712
t There were no receipts at Savannah by water from the Florida outports this season. But 18,285 bales Upland and 17,257 bales Sea
Island, from ohe interior of Florida, were received at Savannah during
the year by raU.
Soutli Carolina.
Didxtet $hipmentt—
Overland to New York, Boston, &c...
Between Interior towns
Galveston, Inland and local mills
New Orleans, Inland and local mlUs...
Mobile, Inland and looal mills
Savannah, Inland and looal mills
Oharleston, Inland and looal mills
N. Carol' a ports, Inland and looal mills.
Virginia ports, Inland and looal mills.
•Tills
883.356
397,916
32,681
46,941
134.111
156,015
227.784
17,207
2,057,024 1,896,011 1,282,211
Total ?ro88 overland
Georgia — Continued,
1896-97,
Amount shipped—
13
Crop Details. —We now proceed
two years.
Exported from Charleston:
To foreign ports— Upland 234,598
1,542
To foreign ports— Sea Is'd
To coastwise ports129,315
Upland'
5.072
Sea Island.
Exported from Port Royal
and Beaufort:
21,209
To foreign ports- Upl'nd.
To foreign ports— Sea Is'd
To coastwise ports
Exported coastwise —
From Georgetown, &c.
316,371
4,966
145,588
4,642
65,814
20
'"i',556
2,213
.
9,543
8 138
.
2,396
Stock at close of year-
Upland
250- 403,887
Sealsland
Deduct
Rec'd from Savannah, &c.Upland
Sea Island
Stock beginning of year-
300
2
1,143
1,212
Upland
Sealsland
to give the details of the
2,396
569
1,225-
Total product of year
927—
5,133
entire crop for
Louisiana.
1,229- 550,574
2.641
398,754
547,933
Included in this item are 1,308 bales, the amounts taken by looal
mUls and shipped to interior, aU of which is deducted in overland.
'
Exported from N. Orleans
;.
1898-99.
•
1,916,439
To foreign ports
259,658
To coastwise porta
To Northern ports, &c.
9,095
by river and rail*
Manufactured*
tttocK at close of
18,025
131,591—2,334,808
year
Deduct :
Received from Mob'le
Received from Galveston
and other Texas ports
Stock beginning of year..
-1897-98.
2,384,000
364,369
Nortb Carolina.
3,141
16,049
56,181—2,823,740
123,830
46,662
243
56,181— 103,091
3.141- 133,484
2,231,717
.
Exported from Wilmington:
To foreign ports
260,567
To coastwise ports*
24.298
Coastw.t'm Washington, &c.
55,099
Manufactured
2,082
Stock at close of year
10,321— 352,367
Deduct :
Stock beginning of year..
5,903—
5.903
1.695
5,903— 394,168
2,690,256
1,513
Total product of year
Total product of year
298,086
17,811
70,673
.
222—
346,464
222
393,946
Of these shipments 628 bales went inland by rail from Wilmington
and with local consumption are deduoted in overland.
*
*
In overland
we have deducted these two
Items.
Virslnia.
Alabama.
Exported from Mobile
Exported from Norfolk
:*
To foreign ports
To coastwise ports
Burnt
Stock at close of year
227.975
132,331
62
167,394
93,920
8,435— 269,749
5,880— 366,248
Deduct :
Receipts from Pensacola.
Stock beginning of year..
14.316
10,672
5,880—
Total product Of year
16,552
1,482—
15,798
350,450
253,197
* Under the head of coastwise shipments from Mobile are included
13,207 bales shipped Inland by rail north and for Southern consumption, which will be found deducted in the overland movement.
Exp'ted from Galveston, Ac:
Mexico)
2,010,077
To Mexico, from Galveston, Corpus Christl, &c.
29,909
To coastwise ports*
381,339
Stock at close of year
27,751-2,449,076
Deduct:
Received at Galveston
New Orleans, Ac.
196
30,2 iO—
Total product of year
30,466
1,514,288
35,593
456,752
30,270—2,036,903
174
15,242—
2,021,487
Florida.
To coastwise ports
Deduct :
Received from Mobile...
113,423
18.796— 237,689
21,811— 135.234
33,603
204,086
136,234
These figures represent this year, as heretofore, only the shipments
from the Florida oulporls. Florida cotton has also gone inland to
Savannah, &c., but we have followed our usual custom of counting that
cotton at the outports where itjirst appears.
*
Geors:la.
To coastwise ports
617,617
7,940
Upland*
415,375
Sealsland
51,610
Exp'dfrom Brunswick, &c.:
To foreign ports
251,093
To coastwise ports
27,984
Burnt
Stock at close of yearUpland
19,496
Sealsland
97—1,391,212
3,536- 643,382
. .
2,608
703
52.384
67,955
20,161
3.536-
6,707
36-
78,689
672,038
75,401
567,981
746,016
39,407
From Nashville
From other places
vlUeatendof year
675,725
36,898
1,402,555
57,985—2,272,035
-2,272,035
—
Deduct
Shipped from
Total shipm'ts toN. Y., &c.
15,439
412,507
44,128
247,027
25,895
55
0,034-1,473,115
1,276,614
2,571--1,623,311
Except 29,154 bales deducted
509,408
1,370,398
Total marketed by rail from
Tennessee, &c.*
1,276,614
1,931,738
1,786,022
in overland, previously counted.
Total product detailed in the foregoing by States for the year
ending September 1 1899
bales. 9,935,157
Consumed the South, not inoluded
1,400,026
m
for year ending Sept. 1 1898... bales. 11,235,383
8.
Below we give the
Tears.
Hates.
1898-99
11,235,383
1897-98 ..11,180,960
1898-97.. .. 8,714,011
1895-96.. .. 7,162,473
1894-95.
9,892,766
1893-94
7,527.211
1892-93..
e.717,142
1891-92 .
9,038,707
1890-91 ..
8,b55,518
1889-90..
7,313,726
.
.
.
.
3,523
344,126
561,340
Add shipments to manufac-
Total crop In the U.
718,.507
17,541--2,132,719
Memphis,
Nashville, &o.. direct to
Southern outports
322,756
Shipped direct to manufacturers
1,370,398
Stock at Memphis and
NashviUe at beginning
of year
17,541—1,710,695
-1,710,695
•
182
Tennessee, &c.
Shipments—
From Memphis
turers direct
33.603—
Total product of year
Exported from Savannah
To foreign port.s- Upland
To foreign ports—Sea Is'd
Rec'd from Wilm'gton.&c.
from'
Received
other
North Carolina ports
Received at Newp. News,
Ac. from Norfolk, &o..
Stock beginning of year..
Stock in Memphis and Nash15,416
* Coastwise exports Include 7,114 bales shipped Inland and taken for
consumption, which are deduoted in overland statement.
Exported from Pensacola, &o.*
To foreign ports
218,893
20,079
4,398
15,557
:
in Tennessee. Miss., Tex., &c.. 1,428, 627
2,418,610
110,006
4&9.806
• Includes 4.710 bales shipped to the interior,
which, with 17
bales taken for manufacture, are deduoted in overland,
To foreign ports (except
from
Deduct
Total product of year
Texas.
Stock beginning of year..
To foreign ports
86,897
To coastwise ports*.
588,016
Exp'd fm Newp't News, &o.
To foreign ports
4 1 ,996
To coastwise ports.
1,419
Taken for manufacture
17,182
Stock end of year, Norfolk..
15,217- 750,727
.
total crop
Years.
each year since 1869.
Bales.
1888-89... 6.935,082
1887-88..., 7,017,707
1886-87 .. 6,513,623
1885-86..., 6,550,215
1884-85... 5,669,021
1883-84..., 5,714,052
1882-83..., 6,992,234
1881-82..., 5,t:S5,H.15
1880-81..., 6,589,329
1879-80.... 5,757,397
Years.
Bales.
187S-79.... 5,073,531
1877-78.... 4,811,265
1876-77.... 4,485,423
187.5-76.... 4.669,288
1874-75.... 3,832,991
1873-74.... 4.170,388
1872-73.... 3,930,508
1871-72.... 2,974.351
1870-71.... 4,352,317
1869-70.... 3,154,946
u
COTTOX CROP OF THE UNITED STATES.
PRODUCTION BY STATES.
Export Morement of Cotton Goods.
Export inovement of ootton goods we have [already remarked upon. The total value is fully six and-a-half million
dollars greater than in 1897-98 and two and-a half millions North Carolina
South Carolina
in excess of 1896-97. Shipments to Europe. Africa and the QeorKia
1898-99.
1897-98.
1894-95.
Bales.
Bales.
Bales.
480,000
960,000
1,448,000
54,000
1,161,000
1,776,000
577,000
3,143,000
921,000
476,000
956,000
1,445,(00
65,000
1,147,000
1,808,000
660,000
3,008,000
905,000
465,000
770,000
1,250,000
Florida ..
65,000
East Indies have been less than in 1697-98. In all other Alabama
1,000,000
1,220,000
directions there has been an increase, and especially heavy Missiesippi
Louisiana
65O,0CO
West Indies, Central Texas
gains in the movement to China, the
2,994,000
875,000
America and British North America. The exports to Cuba, Arkansas
Tennessee
360,' 00
.
381.01
400,000
189,000
192.000
which last year were very small on account of the war. have Indian Territory
Oklahoma
116.000
87,000
China's takings Missouri
this year reached an unprecedented total.
33,000 > 203,000
39,000
13,000 J
16,000
of our cotton goods are nearly double what they were a year Virginia
to improved methods of collecting the returns
Total
ago. Owing
11,235,000 11,181.000 9,892,000
the chief of the Bureau of Statistics. Mr. O. P. Austin, in.
Average yield per acre
234 lbs.
240 lbs.
237 lbs.
forms us that the reports of exports of domestic cotton
In addition to securing data for the foregoing compilation
manufactures as now issued by his department include the we made
special investigation into other matters relating
amounts shipped via Vancouver, B. C, to China. Hence to the 1898-99 crop and elicited much interesting informapart of the increase in the shipments to that country is thus tion.
With regard to the effect of the heavy rains last fall
accounted for, although not all by any means, for the ship- and winter
on the ultimate yield there is conflict of opinion,
ments to China from New York show an important increase some holding that the rains were instrumental in increasing
the past year. The movement to China via Vancouver, B. the yield, whereas
others are firm in the belief that they
has reached a heavier total than in the previous season,
caused a small loss. There is, however, agreement on the
being for the fiscal year 36,6' 5 packages, against 2 ,393 point that the
quality or grade of late pickings suffered as
packages in 1897-98 and 34.845 packages in 1896-97.
a result of excessive moisture, so that an unusual proporIn the table below we give the aggregate exports as retion of it was very low grade or trashy, bringing anywhere
ported by the Bureau of Statistics and they exhibit a gain from 2
to 4 cents per pound. The matter we have remarked
the past year of §6,543.823. But the detailed statement was upon in
a former part of this report.
published in the Chronicle of August 5, p. 295. The official
Prices of Cott'in and ( otton Goods.
record of the last five years is as follows.
What we have said above shows that the margin of profit
Tear Bruiing June 80—
on print cloths in 1898-99 was not favorable in the very
Exports o1 Cotton
early months; since then it has materially improved and
Manufactures.
189«.
1897.
1899.
1896.
1895.
has been on the whole satisfactory, more so, indeed, than in
Yds. 108,940,972 79,41»,37e 83,409,441 58,747.729 58.467,743
Colored Goods
either of the two preceding years, and probably larger than
Value. $5,221,278 $4,138,887 $4,770,231 $3,419,158 $3,444,530
Do
The lowest price reached by
nnoolored goods.. Yds. 303,063,083 191,092,442 230,123,603 166.391.639 125,790,318 for any season since 1892-93.
Value. $13,748,619 $«,161,836 $12,511,389 $9,539,199 $7,034,678 64x64s was 1 15-16 cents in October 1898, with low middling
Do
Other man'f 8 of.. Value. $4,598,017 $3,733,269 $3,756,058 $3,879,039 $3,310,593
uplands at 4 15-16 cent*; but even that was better than in
Total cotton manufacthe previous crop year (in May 1898), when with cotton
tnrBR «itported Value. $23,567,914 $17,024,092 $21,037.«78 $16,837,396 $13,789,810
much higher (5J^c. to 6^^c.) I 15-16 cents was also the
Weight of Bales.
quotation. Fi-om the first of January 1899 to the close of
The average weight of bales and the gross weight of the the season (September 1), 64 squares ranged from 2% to 2%
crop we have made up as follows for this year, and give last cents with cotton at 5 7-16@6J^ cents, whereas during
year for comparison.
the corresponding period last year the quotation was never
September
1899.
Tear encUng September 1 1898.
Tear ending
better than 2-19 cents with cotton Sj^ to 6% cents. In
Crop of1896-97 the range of print cloths was from 2-44 cents to 2-62
Averagt Number
Weight in
Number
Weight in
Av'age
pounds.
weiflht.j of bales.
poxmds.
weight.
of bale*.
cents, with cotton at 6 11-16@8J>^ cents. Below are the high633-861 2,021.487
1,291,174,948
629-31
2,418,610
1.069.993,284
Texas
est and lowest quotations for regular 64x64 print cloths for
1.154,244,032
509-73
1.371,304,191
517-20i 2.690,256
Louisiana....; 2,231,717
the past twenty j^ears.
513-24
509-10
129.950.828
350,450
178.414.095
253.197
C
.
1
1
Alabama
GeoFKla*..
1,582,839
..
8o. Carolina.
.'
Virginia
No. Carolina.'
1
786,576,013
b98,754
672,038
193,626,967
31(>.4«4
331,778,440
172,539,072
Tenn'ssee.ic 8.331,764
1,705,430,039
5.76P.320.339
Total crop! 11.835.383
'
496-94 1.594.946
485-58!
547.933
493-69
567.981
488-0('|
393.946
511-87 3,013.931
51314 11.180,560
790.519.035
269.363,863
277,981.261
495-64
491-60
190.185.108
489-ia
498-00
1.513,911,214
502-20
5.667,372.051
506-88
InoludlnK Florida.
According to the foregoing, the average gross weight per
bale this season was 518-14 lbs. .against 506-88 lbs. in 1897-98,
or 6-26 lbs. more than last year. Had, therefore, only asmany
pounds been put into each bale as during the previous season, the crop
would have aggregated
fully 11,374,133 bales.
relation of the gross weights this year to previous years
The
may
be seen from the following comparison.
Eigh.
High.
Low.
Cts.
CIS.
Ots.
2-75
2-o2
1-94
1-94
4-06
262
1898-99
1897-98
1896-97
1895-96
1894-95
1893-94
1892-93
1891-92
1890-«1
1889-90
Low.
CIS
244
244
3-75
3-25
3-22
3-04
2-97
3-25
3-48
3-67
3-68
3-06
2-88
1888-89
1887-88
1886-87
1885-86
1884-85
1883-84
1882-83
1881-82
1880-81
1879-80
2-50
300
261
4-06
3-50
2-87
2-75
2-88
3-25
331
400
3-50
3-38
3-28
3-69
3-85
406
4-38
5-88
350
Without attempting to follow the course of the market
more in detail, we give our usual state nent, which shows
at a glance the relative position of the raw material, printing cloths and other standard goods on the first day of each
3-75
month during the
past three years.
Tear Ending with Augxist
Crop.
Season of—
1898-99
1897-98
1896-97
189.'S-96
1894-95
18W3-H4
1S92-93
Number of
Bales.
11,235,383
11,180.960
8,714,011
7,162.473
9,892,766
7,527,211
6,717,14a
|
Weight,
Pounds
5,765,320.339
5,667,372,051
4,383,819,971
3,595,775,534
5,019,439,687
3,748,422,352
3,357,588,631
Average
Weight
per Bale.
1^ S
503 08
K5
o
2
Ots.
Oct. 1
4lBifl
Nov.l 4^8
From advices received during the last half of August Dec. 1
from our correspondents in the South, as explained in the
earlier part of this report, we have made up the following
Jan. 1
results of the yield in each cotton-producing State in Feb. 1
1898-99.
We add the corresponding figures the previous Mar.l
year and for 1894-95 for comparison the largest crops the Apr.:
country has ever produced. For the cotton belt as a whole Mayl
—
^1 II
b
hq
1897.
5l8
473
5
5
2-62
2-50
2-38
2-25
•7^h& 538
8
5S)
2-12
6^ 5^4
6I616 514
7I16 514
4S8
5
5
5
2 06 77ie
2-00 eiifl
2-0O 59l6
5
2-12
538
458 4»3
1898.
238
5I3
4I3
413
51a
678
4)9
4% 219
412
5%
41a
4J«
4%
2-19
2-06
4ifl
434
200
458
5
5
5
2-00
5
206
1899.
57,6 4I2
5i6ie 488
6l8
434
5
5
514
2-44
2-75
5 'a
4!lt
bH
2-7t
534
4^
5>4
514
2-75 5^8
2-75 6»«
2-75 513i6
2-75 568
2-75 5B,„
513,« 478
5^
534
5U
41a
413
438
5
s
^
-*
CO
§ s
B 5>
1896.
Ots
Ots.
4%
4%
i
25
Ots.
Ots.
438
438
4I2
eg
CIS.
Ots.
Ots.
S
e
Ots.
Ots.
Junel 513l6 434
Julyl 51I16 4%
Aug.l 511,* 434
8ept.l
<
Vi
b
Septl 538
—
2
1898.
507-38
497-98
499-85
the crop was not only the heaviest in aggregate but also furnished the extreme record for yield per acre nearly 240
pounds.
•5
ft,
^4
50203
Production in 1898-99.
«-
111
51314
506-88
31—
-^ 8
2-O0
2-00
Ots.
Ots.
5
2-50
2-62
2-62
2-62
5
5
514 5
1897.
7i3u 51a
75i6
615i6 518
738
5
738
4%
7I2
4%
5
250
5
41a
41a
413
2-50
2'62
2-56
2-56
2-44
758
41^
41a
41a
41a
77l6
4''8
5
S-50
2-50
2-62
COTTOX CBOP OF THE UNITED STATES.
In the foregoing we also have evidence that in other
branches of cotton manufacture the conditions, have been
very favorable.
The ravr materal has ruled lower than
in 1897-98, while prices for the finished products, except
Comparison
in the opening months, have been higher.
with 1896-97 is even more favorable to the current season,
owing to the decided difference in the cost of cotton. So
far as the raw materal is concerned the quotation has been
low all through the year, the excessive supply incident to
two successive phenoraenel crops, swelling the available
stocks, has kept the quotation down, notwithstanding the
enlarged spinning demand. The lowest price for low middling uplands in the New York market in 1898-99 has been
47g cents, and that is the lowest price of which we have a
record. The average price (5 9-16 cents) is likewise a low
record average.
For the pui'pose of showing how this
years prices compare with those for previous years, we
have prepared the following, compiled from our records,
which indicates at a glance the highest, lowest and average
price of low middling uplands in New York for each season
since 1869-70.
High.
Loic.
c.
Prior to October
•'8C.
1,
4^6
5^,6
611,6
%«
73tfl
tilllfi
7\
5ifl
6
6^16
658
6I4
738
9^
918
9I16
85ft
838
938
1
Low.
Av'ge.
e.
e.
1S98-99... ... 6l8
1897-98... ... 71,B
1896-97... ... 8>«
1895-96... ... 8'5i6
1894-95... ... 75i
1893-94... ... 81s
1892-93... ... 9>,6
1891-92... ... 8«,6
1890-91... -.-10»,6
1889-90... ...125]6
1888-89... ...lHi6
1887-88... .. .1016,6
1886-87... ...111,6
1885-86... ... 9I616
1884-85... ...111»,6
•was about
High.
Av'ge.
714
8
714
858
lOiaie
10
9:3,6
9>a
9
105i6
1883-84... ...11»16
1882-83... ...129,6
1881-82... .. 1234
9%
913
111,«
188081... ...126,9
Oiiie
IOI16
1879-80... ...1316
1878--9... - 137i6
"'le
18'77-78... ...1116,b
978
1876-77... ...12>«,e 1038
1034
1875-76... .. 1418
1874-75... ...I6I4
1358
I3I8
1873-74... ...1958
18 14
1872-73... ...2114
1871-72... ...2638
18
1312
1870-71... ...2038
I8I2
1869-70... ...3414
1058
1018
1134
lO'Sif
1134
107,6
10i»i,
115,8
1218
15
163i«
I918
217,8
163 a
2314
874, quotations were by old classification, which
higher than new.
New Crop and
Date of Receipt of First Bale.
1893.
I
1894.
1895.
1896.
1898.
1897.
1899.
Virginia—
Norfolk
Ifo.
Aug.20 Aug. 14
Sept. 7 Aug. 8
..
Carolina-
lAug.24 Aug.29
Aus.13
Charlotte
Aug. 7 Auj .13
Wilmington... Aug.31 Aug.22
So. Carolina
Charleston .. . Aug. 7 Aug. 15 Aug. 21 July 29 Aug. 3
Aug. 31 Aug. 8 Aug.26
Greenwood
Georgia
—
j
—
Atlauta
Savannah—
From Ga
From Fla
Aug.26 Aug. 1
Aug.26 Aug 17
Aug. 10 Aug. 7
Aug. 15 Aug.
Aug. 8 Aug. 4
Aug. 7 Aug. 15 Aug. 13' July 29
Aug.l6 Aug.26 Aug.28Aug.20
Augusta
July 29 Aug.ll Aug.l2'July28 Aug. 2 July 29 July 28
Aug.l2 Aug. 15 Aug.2l|Aug. 4 Aug. 6 Aug. 10 Aug. 19
Aug. 6 Aug.ll
July 27 Aug.
July 29.
Aug. 4 Aug. 5
Aug.lOi
.
Albany
Columbus
Florida—
Tallahassee
. .
Alabama—
Montgomery
.
Mobile
Selma
Euf aula
—
Aug. 4 Aug. 16 Aug. 17 Aug.
Aug. 2
Aug. 4
Aug. 11
July 29
5!
Aug. 4
Aug.l4 Aug.l7July30Aug. 4
Aug.ll Aug.l4July28July31
July28i
Aug. 9
Aug.ll Aug.l3July28jAug. 4
Aug.ll
Aug. 6
Aug. 6
Aug. 6
Aug.
Aug.
Aug.
Aug.
3
8
2
8
Louisiana
New Orleans—
From Texas July 13 July 7 July 25 July 10 July 12 July
2 July 14
" Miss. Val. Aug. 3 Aug. 14
Aug.l2July23July31 Aug.l9 Aug. 3
Aug. 14 Aug. 16 Aug.l4July28 Aug. 2 Aug. 6 July 2 8
Shreveport
we
VicksDurg
its
position
issued our acreage re-
At that time the plant was later than
the one which preceded it, while the 1898 crop was less advanced than the average at that date. But the high temlast.
perature that has prevailed almost continuously since about
the 1st of .July has stimulated development to such an extent that at this date the plant is more mature than in an
average season in fact the crop may be said to be earlier
than any preceding one with the exception of the 1896
growth. It is worthy of remark that apparently never
before during the growing season has there been so little
complaint of low temperature at night as in the current
year.
There has practically been none at all. On the contrary it has been asserted of late that excessive heat in the
absence of needed moisture has caused damage. That the
crop this year is very well advanced is demonstrated not only
by the dates of arrival of first new bale (a rather uncertain
indicator) but by the volume of new cotton moving during
August. At Galveston alone 45,301 bales have been received, or more than appeared at all the points included in
our statement last year, and only 26,435 bales less than the
previous highest total at that port. On the Atlantic, Savannah has received 12,970 bales, against 1,62.3 bales in 1898 and
27,342 bales in 1896. In varying degree the figures for other
and towns make
discouraging.
We bring forward our usual data bearing upon the maturity of the plant, giving first the date of receipt of first bale.
This year the earliest arrival was at New Orleans from Texas
on July 14. Last year the first bale also came from Texas,
being received at New Orleans on July 1 4, and in 1897 the
same State furnished the initial bale, on June 30. There is,
however, as intimated above, little to be learned from a first
arrival, but the average of all the first arrivals is a better
guide.
—
Its Marketing.
in the matter of maturity since
;
sippi and Arkansas and least favorable in Texas and Alabama. At the same time, in no State is the prospect
Hisgissippi
The cotton crop now maturing has changed
port in June
15
....
Columbus
Green viUe
Arkansas—
Little Rock
Helena
Aag.26 Aug.l8 Aug.30 July 22 Aug.l4 Aug.24 Aug.21
Aug.l9 Aug.l7 Aug.27July31'Aug.l8 Aug. 16 Aug. 18
Aug. 2 3 Aug.30 Aug.28;JiUy 23 Aug.l3 Aug. 16 Aug. 3
Aug.24 Aug.22 Aug.30 July 25 Aug.25 Aug.26 Aug.29
Aug.SOAug. 5 Aug.26 Aug. 19 Aug. 19
Sept. 5
Tennessee—
Memphis
Aug.22 Aug. 17 Aug.20 July 27' Aug.22 Aug. 17 Aug. 12
Texas—
I
I
July 24 July 13 July 11 July 23 i.
July 11
DeWitt DeWitt DeWittj
Bee
County County Countyl
County
Juneao June26 July 24 July 13 June30
SnD'go
Duval Uvalde V'toria
Galveston
Where from
Houston ....
Where from < County County County
July 26
DeWitt
County
July 17
County
Ind. Territory—
Ardmore
.
I
Aug. IS Aug.24
As an indication of maturity the arrivals of new crop
cotton to the 1st of September usually furnish a much better
test.
And this is so in the present season, when, as stated
above, there have been no circumstances tending to hasten
the early movement. It will be observed that New Orleans
has received only 1.5,906 bales, or very much more than last
year, and that at Galveston the arrivals have reached 45,301
bales, against 22,600 bales in 1898.
ARRfVALS OF NEW COTTON TO SEPTEMBER 1.
1893.
Charlotte, N.
1894.
C
Raleigh, N. C
Charleston, 8.
i
1895. 1896
C
148
674
'*256
7,275
Columbia, S. C
Augusta, Ga
Savannah, Ga
Columbus, Ga
"367
3,005
1897.
!
350
908
*
1,000
1
:
100
38 9,623
5510.131
28527,342
335 1 5,004
1898.
1899.
20
a64 al,667
404 1,330
IdO
6300
8!
20
822
15
* 1,000
3,097
1,707 8,300
1,623 12,970
400 '2,000
320 1,940
261 1,292
895 4,703
like coinparison.
*500
760
786
t
Montgomery, Ala.
878
5921 6.200
894
759
that can be learned about the condition of the Mobile, Ala
354
264
237
77i 2,887
'
413
269 *100|* 1,500
100
1899-1900 crop, there are as yet too few assured facts upon Selma, Ala
Euf aula, Ala
241
275
225 1,426
160
168
914
which to predicate the ultimate outcome. (1) The acreage New Orleans, La. .
5,429 15,233 4,37946,051 50,658 4.174 15,906
Shreveport, La
56
816
202 1,748
7 1,855
planted was a little less than in 1898. (2) On the first of Vicksburg, Miss
32
1
I
1,076
7
68
32
603
31
52
plant was good, about the same as ColumbUH, Miss
6
62
June the condition of the
Little Rock, Ark...
212
21
18
3
in the previous season, but slightly less forward.
(3) DevelMemphis, Tenn
21
""l3
64
171
6.873
7,708 17,550 2,877,71,736 29,122 22,600 45,301
lopment in summer was more rapid than a year ago, and Galveston, Texas.
the crop is an early one. (4) The prospect in Texas was
Total all ports to
September 1. 23,299 39,1811^.0841 1P4.777^
87,832 33.056 98,695
somewhat impaired by the disastrous flood in June in the
• EHtimar*rt; no returns received.
tMacon, Ga. X Greenwood, S. C.
Brazos Valley and consequent loss of 227,000 bales, accord- a Wilmington, N. C.
b Newberry, S. C.
ing to the Agricultural Department's estimate. (0) During
Sea Island Crop and Consamption.
June and the first half of July the weather was in the main
We have continued throughout the season of 1898-99 the
favorable, but subsequent to that time complaints of compilation of a weekly record of the Sea Island crop, and
drought began to be heard, at first from Atlantic and Gulf no effort has been spared to keep our readers well informed
sections (afterward in most sections, relieved by beneficial as to the movement of this variety of cotton. As in former
rains), and then from Texas, and continuing up to the close years, the correctness of our methods in compiling the totals
of August. Rust and shedding have been complained of from week to week is pretty well established by the results
in various localties since the middle of July, but no more given below (which agree closely with the figures pubthan usual. Analyzing the mass of information at hand, lished in the Chronicle of August 19). It will be noticed
we should say that at this date the outlook is best in Missis- that the crop shows a considerable decrease from 1897-98.
ports
With
all
.
•4
.
.
.
.
COTTON CROP OF THE UNITED STA2ES.
16
Florida.
Year ending
-1898-99.
Reo'tB at Savaii'h,&c.bale8l7.257
Receipts at New York, &o. 4,018
19,408
5,060
24,468
21,275
Georgia.
Helena, Ark..
Receipts at Savannah
53,613
Receipts at Brun8wick,&c. 4,143—57,756
Little R'ck, Ark
59,239
19.408
17,257
Ac
37—19,445
193—17,450
40,306
Tot. Sea Island crop of Ga.
Augusta, Ga...
Columbus, Ga..
41,440
Soutb Carolina.
The
57-11,345
Columbus, Miss
1,134— 1,134
Gr'nville, Miss.
Meridian, Miss.
5,623
10,211
67,204
disti'ibution of the crop has
76,119
been as follows.
Supply year ending
How
Sept. 1, 1899.
Distributed.
Sept.X.
Net
1898.
Crop.
Total
Supplu 1899.
5,623 6,852
1,229
6,034 40,306 46,340
21,275 21,275
S. Carolina.
Georgia....
Florida
trib't'n.
250 6,602
97 46,243
Natchez, Miss..
Vicksb'rg, Miss
Yazoo C, Miss.
St. Louis, Mo..
Charlotte, N.C.
Raleigh, N. C.
'Cincinnati, O..
8. C.
Greenw'd.
Of which
Exported to—
Stock, Leav'g
Sept.l, forDis-
Stock
Ports of—
Loui8ville,Ky.'
8Urevepoi't,La,
11,288
—
the United States
Total
For'gti
ExGreat Havre ports.
Brifn.
dkc.
1.542
8,140
1,542
5,149 2,991
Memphis, Tenn
Na8hv.,Tenn
Brenham, Tex.
.
UaUas, Texas..
Houston, Tex..
Paris, Texas..
14,814 6,024
1,992
2,954
26", 838
1,992
2,954
Philadelp'a
7,263 67,204 74,467
Total...
347 74,120 26,451 9,015 35,466
From the foregoing we see that the total growth of Sea
Island this year is 67,204 bales; and with the stock at the
beginning of the year (7,263 bales) we have the following as
the total supply and distribution.
This year's crop
...bales. 67,204
Stock September 1 1898
7,263
Total year's supply
Distributed cls follows :
Exported to foreign ports
bales.
bales.
74,467
burnt.
In the following we present a statement of the year's
exports from each port, showing the direction which these
shipments have taken. Similar statements have been given
in all previous reviews, and a comparison as to the extent
of the total movement to each port can be made with back
years. Contrasting the current returns with those for last
season, we find that there has been an increase in the
exports to almost all ports.
+
We
Nev3
\OaXves-
Orleann.
To-
ton
Liverpool
Hull
Ma< ch'ter
IjondoD
Letth....
Belfa.st
Dublin..
Vewoastle
GlasKOW...
Havre
Dunkirk..
Rouen...
da.
Oeorgia.
Foreign Exports.
South
Caro-
Total.
lina.
1898-99. 21,976 40.308
5.623
1897-98. 24,468 41,440 10,211
1896-97. 25,927 64,906 11,039 1.644
991
l8P5-9«. 21,664 60.522 10,010
1894-95. 15.176 53.716
5,913
34
1893-94. 19.107 39,367
2.578
1802-93.
9,8S5 28,384
7.413
1891-92. 20,628 27,100 11,443
1890-91. 25,320 26,531 16,267
1865-90. 374,371 122.447 217,272 4.021
67,204
76,119
103,616
93.187
74,8.39
61,052
45.422
59,171
68,118
718,111
Great Conti- Total
BriVn. nent. eiyports
Marseilles
Bremen...
llamburK.
Warburg..
Amst'd'm
j
Rot'rdam.
Antwerp..
26 451 9,015 36,466 38.664 847
33,303 8.82? 42,130 34,140 T,863
47,758 10,673 68,431 40,670 7,414
42.391 7,072 60,083 40.530 2,999
35,091 8,650 40,741 34,981 405
32,647 4,686 37,333 24,345 1,288
20,647 1,9()1 22,548 22.911 1,914
24,915 2.658 27,568 32.093 1,951
34,8»3 4,823 39,116 26,651 2,441
454,886 43,6b2 498.548 220,274
90
Total. 557.621 504,669 297,769 6.660 1.36S.739 752.382 99.562 851.944 814,249
*
18,741
538]
22,523
22,175
409
168,622 2,679 161.912 161,219
1,229
8'<,030
89,619 3,475
87,716
964
82,335 1,838:
86,225
84,977
1,517
191,145; 180,571 13,514 202,60
199,689
2,940
33,6041
32,840 2,0841
43,002
42,282
1,320
75,44ci 3,350
78.193
90,053
89.503
600
150,481 liO,328
250 212,626 212,5.6
97
303,902 297,283 10,221 380,976 378,708
3,602
59,70o 7,072
64,179
68,070
65,755
2,598
83,961
82,087 2,516
82,909
82,475
642
55,790!
55,490 1,082
65,504
64,812
782
8,839
8,605
511
9,192
111
8,915
255,193! 249,224 10,624 166,247 162,416
4,653
66,712'
65,622
553
463
59,638
59,213
8rt,980
71,463
67,888 4,300
725
86,311
39,992 3,101
50,070
49,331
814
42,282i
55,419
54,757 4.745
86,071
83,779
4,083
70,004
71,107 3,332
93,797
91,922
4,485
57,402:
56,100 3,171
97,267
95,928
1,869
1,001,6041 961,875 64,806 900,756 883,356 25,077
29,032'
29,032
27,095
27,095
22,078
27,619
525
21,977;
424
27,119
352,020 354,231 8,035 292.470 285,193 10,266
15,607
15,607
21,000
21,000
785,860 74H,016 56,838 690,238 675,725 17,004
40,017i
37,35?!
39,407 1,147
36.89S
537
110,142 110,767 3,485
58,400
57,690
4,110
83,593
83,605
34
22 123,356 123,522
2,543,059 2 ,526,326 29,2011 ,783,483 1,789,159 12,468
29
98,6191
98,786
196
88,840
88,811
interior
347—35,813
Leaving for consumption in United States
bales. 38.654
thus reach the conclusion that our spinners have taken
of Sea Island cotton this year 38,654 bales, or 4,514 bales
more than in the previous year.
The following useful table shows the crops and movement
of Sea Island since the war, the figures for the seasons
1890-91 to 1898-99 being given in detail.
Season. Flori-
18,870
170,072
92,130
82.656
35,466
Btockendof year
Crop.
The column of "American Consumption" in this table includes burnt
in the United States.
Ghent
....
Copenh'n.
In the first table given in this report will be found the
foreign exports the past year from each port to Great Britain, France and other ports, stated separately, as well as the
totals to all the ports. In the following we give the total
foreign exports for six years for comparison.
TOTAL EXPORTS OF COTTON TO FOREIGN PORTS FOR SIX YEARS.
Savan- Char-
nah
leston.]
1894.
1895.
Foreign Ports for Year Ending Aug. 31.
1896.
1897.
1898.
1699.
New
Other
ton.
folk.
York.
Ports.
. .
.
Tot. from
U.StatPS. 5.231,494 6,719,713 4,646,084 5,9fi8,422 7,532,615 7,362,788
Movement of Cotton at Interior Forts.
Below we give the total receipts and shipments of cotton
at the interior pjrts
of each year.
and the stock on the
first
of
September
Total,
1,250
1,250
50
1.103
1.153
24«,li2 337,829 417,052 106,451 126,439 13,968 130.036 179,798 1,556,096
37,031 47,705
5,600 14,881
20,871 21,762 41,9^1
189,561
1,860
1,660
916
200
1,115
6.571 89,710
2,200
8,509
6.778
7,8«0
70,128
19,069 48,067
1,296 80,168 16,529
113,129
3,242
17,421
14.179
3.3iB7
2d,"sdi 13,h66
88,624
566
400
650
400
656
Aarhaus..
Norrkop'B
Oxelsund.
""266
1,900
1,400
Gefle
a,ioo
1,400
2.100
1,676
16,332
10.225
2",'l"dn
Uottenb'g
Reval
1,678
1,258
St.Pet'b'K.
126
13,IS3
7,82
817
2,900
860
Narva
—
Lisbon
Oporto
Barcelona
Saatander
350
5.^483
Riga
9,737
7,823
14,700
9.7:^7
350
1,490
6.150
5,800
88,954 29,665
ISK.e.lO
2,947
3,500
2,750
6,600
2,500
2fl2,fl96
6,000
1,661
1,661
4
400
00
H'errol
Fiume
Genoa
192,4411
1.000
3,660
888,635
19,246
1,00(
500
2,950
Naples
Palermo..
Venice ..
.
Trieste...
41.354
76,87S
100
6,7o8
2,875
64,364
16,371
12,171
58.247
09,760
29,009
3.269
13,549
100
8,300
Uom.Ca.a
99,760
Mexico....
.lanan
18,842
64
64
8,81
31,39
29,909
16,62
5
3,099 143,590
58
3,400
20
l'3,960
China
Bombay...
Total.... 1,916,439
N. Orl'ns. 1,636,811 2,<'53,831 1,619,068 1,984,169 2,384,000 1,916,439
167,394
34,660 122,995 102,007 180,532 227,975
Mobile
257.349
404,453 499,142 278,689 341,829 387,171
Bo. Car...
876,650
587,632 649,021 440,466 561,276 980,973
Georgia..
811,368 1,407,S31 792,899 1,252,782 1,549,881 2,039,986
Texas
218,893
500
300
17,603
Florida
72,320 113.423
202,270 132,531 206,794 298,086 2ti0,567
167,404
No. Carl.
128,893
318,184 328,«45
Virgina..
78,381 211,171 130,085
New York 792,135 803,476 712,101 678,8751 752,711 654,426
230,844 287,466 277,664 233,238 315,405 405,967
Boston...
14,243
67,352
9,471
13,10(1
Philadel
33,981
19,954
148,441 172,544 224,734 261,923
206,297 277,306
Baltim're
14,068
P'tlud.Me
4,095
3,10o
9,488
46,219
San Fran.
7,225
16,283
36,763
\
56,684^ 1%%1%
99,771
Fuget, &c
II
Nor-
W. Indies
to
S
Wmg-
7?4 723 916,810 197,002 84,004 118,002 72,464 229,511 733.261 3,134,767
),500
55,331
3,466
60,297
28,3h7 87,093
30,703 148.517 26,"d45 l'6,^135
"8,'e35
283,615
3.h76
691
574
6,140
'e'eo
bOO
860
2,000
28,58«
V.eii
700
14,988
48,895
4,600
4,500
9,174
8.174
1,'306
1,300
313,700 388.766 32,216
8d,^9a8 13,816
779,426
9,323
6,914
1,158
18,395
Christiana
Mala»;a
Pasages...
Exports.
Exports (bales)
Stocn.
\
Shipments in this statement include amounts taken from
towns for home consumption and amounts
......
Boston
Baltimore
1898.
Receipts and shipments are net figures in both years.
Texas
New York
Sept. 1,
Total,31 towns 7,032,9846,893,920 243,183 6,204,313 6,145,270 104,119
21,275
Mississippi
Louisiana
Ga
Rome, Ga
Receipts at Charleston
5,635
Receipts at Beaufort, &c.. 1,200— 6,835
Deduct
Receipts from Florida, <fec. 1,212— 1,212
Tot. Sea Island crop of S. C.
Total Sea Island crop of
.Macon,
Year ending
^J
Ga
Ga
Atlanta, Ga
Albany,
Athens,
1,646—60,885
Deduct—
Receipts from Florida
Rec'pts from Charles'u,
M'tgomery,Ala
Selma, Ala
j
Stock. R^cipts. Shipm'ls
Receipts. 'Shipm'ls.
Eufaula, Ala..
Tot. Sea Island crop of Fla.
Sept. 1, 1899.
Towns.
-1897-98.-
!B76,e50l257.349i260,667 128.89.'? 654.426
C 2.039,988
c
176,272
3,460
20
7,456,431
1321,121
18,685 bales; to Rotterdam, ISO
Corpus Christl, &e., to Mexico, 12,629
Includes from Sabine Pass to Liverpool,
balf s,
bales.
and to Mexico, 90O
bales.
Frcu
from Brunswick to Liverpool, 145,936 bales; to Manchester, 20,045
bales, and to Bremen, SS.i^li bales.
t Includes from Port Royal and Beaufort to Liveroool, 21,209 bales.
§ Includes from Newport News to Liverpool, 22,385 bales; to Manchester,
3,027 bales; to Belfast, 700 bales; to Glasgow, l,30o bales; to Leith, (SSO b/«lf s;
to Hamburtr, 11,U38 bales; to Rotterdam, 200 bales; to Antwerp, 1,296 bales,
and to Cupenhagen, 500 bales.
"Other Ports" include: Prom Mobile to Liverpool, 117,030 bales; to Manchester, 2(1,090 bales; to Bremen, v9,274 bales; to Japan, 50(i bales, and to China. 50C
bales, from Pensacola t" Liverpool, 85,937 bales; to Manche-ter, 3,049 bales;
to Belfast, 7,358 bales; to Dublin, 4,60o bales; to Havre, 12,781 bales; to
Bremen, 61,108 bales; to Hamburg, 14,867 bales, to Antwerp. la,4"3 bales, and
to Genoa. lp,H43 bales. From Boston to Liverpool. 384,313 Dales; to Manchester, 11,071 bales; to Hull, 3,488 bales, and to Halifax, Yarmouth, &c., 7,115
bales. From Baltimore to Liverpool, 119,6^0 bales; to London, 574 bales; to
]..elth, 600 bale?; to Belfast. 7.830 bales; to Manchester, 2,883 bales; to Havre
1,055 bales; to Bremen, 8y,419 bales; to Hamburg, 27,054 bales; to Rotterdam,
7,380 bales; to Amsterdam, 915 bales; to Antwerp, 4,058 bales, and to Reval,
+ Includes
II
817 bales. From Philadelphia to Liverpool. 14,243 bales. From Portland, Me.,
to Liverpool, 14,088 bales. From yan Francisco to Japan, 45, 'U» bales, and to.
China, 1.000 bales. From San Diego to Japan, 34,932 bales, and to China, 1.200
bales. From Seattl« to lapan, 38,067 bales, and to i;hiu«, 700 bales. From
Tacoma to Japan, 17,112 bales. From Vancouver, B. C, to Japan, 7,760 bales.
a Includes rail shipments via Oetroit, Port Huron &c., 9^.6ia bales.
@FedFRASER