FOREIGN TRANSACTIONS 



GOSSYPIUM 



TRADE 



ila< turesare mainly grey unbleached ; to be more exact, an average of 

 aliout n:5 j.-r cent, an- of that nature (126 million ll>. out oi il 156 



in I'.MI.") tii. Tin- proportion of hi_'hr-clas8 goods varies in the different 



; in I'.io:'. I Madras slmwi-.t lit j,,. r c.-ut., tin- (Vntral ! 

 i ..'lit., ami Bombay 17 per cent, of their inanufa< tun-s a . white 

 Hinl coloured goods, hosiery, etc. It seems probable that the grey goods 

 sent about four yards to the Ib. in weight, so that in 1902-3 approxi- 

 -. million \ . i nls of grey goods were produced by the Indian nulls, 

 million in 1903-4, 524 million in 1904-5, and 540 millioi 



f> ; while approximately 80 million yards of coloured, etc., were 

 produred iii 1902-3, 100 million in 1903-4, 108 million in 11IO4-5, and 

 11:! million in 1905-6. The goods turned out at the Indian mills are 

 '- /;/:}' described as chadars, dhutis (or dhotis], drills, jaconets, madapollams, 

 mull*, printers, shirtings, sheetings (T-cloths). FIXER no<n>s figured, 

 L red or miscellaneous goods and hosiery. Although the home market 

 is likely for many years to be of primary importance to the Indian 

 mills, the exports of Indian-woven cotton goods cannot be called unim- 

 portant. In 1903-4 the exports were valued at Rs. 1,63,07,648 ; in 

 .-6 at Rs. 2.03,78,124 (=1,358,541) ; and in 1906-7, Rs. 1,77,17,086 

 (=1,181,139). 



Foreign Trade. Turning now to the IMPORTS from foreign countries 

 chiefly Great Britain a traffic which constitutes nearly two-fifths of 

 the whole imports taken by India. The trade in yarns, as already in- 

 dicated, has declined. The piece goods are referred to the following chief 

 groups : Grey or Unbleached ; White or Bleached ; and Coloured, 

 Printed or Dyed. India received in 1903-4, 1,085 million; in 1904-5, 

 l.i'io million; in 1905-6, 1,348 million; and in 1906-7, 1,298 million 

 yards of -./,/; Y piece goods. In 1903-4, 466 million ; in 1904-5, 584 million ; 

 in 1905-6, 572 million ; and in 1906-7, 494 million yards of WHITE goods. 

 In 1903-4, 481 million ; in 1904-5, 493 million ; in 1905-6, 541 million ; 

 and in 1906-7, 524 million yards of COLOURED and printed cotton goods. 

 These therefore totalled in'l903-4 to 2,032 million; in 1904-5 to 2,288 

 million; in 1905-6 to 2,463 million ; and in 1906-7, 2,318 million yards ; 

 and the re-exports from these were in 1903-4, 66 million ; in 1904-5, 63 

 million ; in 1905-6, 67 million ; and in 1906-7, 61 million yards, thus 

 leaving in 1903-4, 1,966 million yards available for India ; in 1904-.~>. -J.L'i'.") 

 million ; in 1905-6, 2,396 million ; and in 1906-7, 2,257 million yards. 



Adding together the estimates of grey and coloured goods given above 

 as the production of the Indian mills, we obtain the following : 466 mil- 

 lions yards in 1902-3 ; 535 million in 1903-4 ; 632 million in 1904-5 ; 

 and 648 million in 1905-6. Deducting from these the exports to foreign 

 countries, viz. 69 million yards in 1902-3, 75 million in 1903-4, 87 million 

 in 1904-5, and 91 million in 1905-6, we arrive at 397, 460, 545 and 547 

 million yards respectively available for India; and adding these sums to 

 the total imports also mentioned above, the grand totals become 2,448, 

 2,426, 2,833, and 3,016 million yards as the net Indian supplies for the years 

 in question. This, in a population of 300 millions, allows each person to 

 get about eight to ten yards per annum. It would thus seem that while 

 the Indian mills are spinning very largely for China and other foreign 

 markets, the looms are far more concerned with the home than any foreign 

 markets. Hence but for the exports of raw cotton and the existence of 

 power-loom mills, the Indian area of cotton cultivation would be reduced 



623 



<J*r 



I :.' ..-.. .. ! 



White n.l 

 ' | .'..-.- i 

 tfcvtary. 



Exports of 



Indian 



Goods. 



Imports, 

 Foreign. 



Value of the 



