Newspaper Page Text
SEVENTY-FIVE
CENT COTTON
By J. W. Malian, Jr., Publicity
Director of American Cotton Asso
ciation.
Columbia, S. July 17.—Cot
ton producers should now receive
seventy-five cents per pound for
their product, basis middling, de
clares Presiddent J. S. Wanna
maker of the American Cotton
Association. He terms this a fair
price compared to wliat the public
is paying for manufactured cotton
goods and says that because of the
great world demand for the staple,
the supply and demand situation,
and the increased cost of produc
tion, the raw product will soon be
■worth more that it has sold for
since the ('ivil War.
Mr. Wannamaker says:
Our experts have completed a
thorough investigation as to the
supply and demand for raw cot
ton. They were guided in this in
vestigation of supply and demand
solely for the purpose of securing
accurate, conservative and correct
figures, and have submitted the
following report as to the supply
and demand of American cotton.
This statement is submitted to
leading firms engaged in various
industries affected by cotton, in
cluding cotton buyers, manufac
turers of raw cotton and dry
goods people. Many of them state
that they consider same conserva
tive :
Total visible supply of Ameri
can cotton as of July 3, 1919:
Bales
Liverpool stock 346.000
Manchester stock 45.000
Continental stock 225,000
American afloat for Europe
U. S. Port stock 1,258,484
XT. S. Int. stock 1,027.232
U. S. Exports today 72,335
. Total American 3,409,947
This visible supply will, of
course, he very materially reduced
at the present rate of consumption
before the close of the present cot
ton year ending July 31, 1919.
Bales
Total amount of cotton carried
over from year closing July 31,
1919, into year opening Aug. 1,
3919 2,700,000
Production of cottar >m grow
ing crop as shown by Government
estimate, approximately . .
Total 13,660,000
A painstaking investigation con
vinces us that the countries named
below will finance and consume
the following amount of cotton;
however, this only represents the
pressing and absolutely necessary
demand which amount will he
consumed as shown:
Bales
United States will require
Europe will require . .10,000,000
Other countries of the world, in
cluding Japan, will require
Total absolutely necessary re
quirements 21,000,000 |
This will show a shortage in
supply of 7,340,000
(See paragraph following head
ed “Important,’ which swells
this total to 9,050,000 hales.)
In this estimate we have shown
Europe far below her require
ments. Europe shows a shortage of
cotton bought in the last four
veers as compared. with the pre
vious four years cj 15,935,437
bales.
Japan will ceitahily make a des
perate effort to seao-e an amount
f raw cotton far in excess of the
amount consumed during the pre
sent year.
Important: In the above esti
mate we have shown the Govern
ment estimate as tjo the produc
tion of cotton amounting to ap
proximately 10.960,000 bales.
"With information before us as to
the abandonment of acreage we
find as a result of a very careful
investigation and recheck that the
abandonment is 8 1-2 per cent. The
government condition report was
the lowest in fourteen years. With
information before us as to acre
age and condition, we consider a
crop of 10.000,000 bales a liberal
estimate, and taking this from the
government estimate, shows a dif
ference of 960,000 bales. Adding
this amount to the above shortage
in supply of 7,340,000 bales, makes
a total shortage before the 1920
crop becomes available of 8,300,-
000 bales. *
Concerning the visible supply of
cotton shown above, which enters
finally into surplus, it is the unani
mous opinion of our experts that
the visible supply of cotton would
be enormously decreased by an ac
tual count. This, of course, is caus
ed by unspinnable cotton, and also
by rotten cotton due to enormous
amount of cotton being exposed,
entirely unprotected, during the
past wet wintur as a result of the
a<e4e labor situation and congest
ed conditions. It is estimated that
i the decrease from these conditions
will amount to around 750,000
bales. This added to the shortage
of 8,300,000 bales as shown above,
will make a total shortage In sup
ply of raw cotton, as compared
with the pressing demands, of 9,-
050,000 bales.
We find that regardless of the
fact that Europe purchased in the
last four years 15,935,437 hales of
cotton less than for the previous
four years, the amazing fact stares
us in the face, that there is still
3,000.000 bales more cotton actual
ly consumed from the four last
consecutive crops of American cot
ton than was produced. The trade
is overlooking these startling
facts. According to the latest fig
ures obtained from the Depart
ment of Agriculture in Washing
ton, the world’s production of cot
ton for the last four years shows
an enormous shortage as follows:
World’s Production:
1915 17.609,000 bales
1916 18,095,000 bales
1917 17,410,000 bales
1918 (Shortage even greater
than shown above. Exact figures
not yet compiled.)
The world’s consumption for
the last four years lias exceded
the world’s production as follows:
World’s ‘Consumption:
1915 19,761,000 bales
1916 21,011,000 bales
1917 20,180.000 bales
1918 17,701,000 bales
It is our unanimous opinion that
the above figures are conservative
that it will be necessary for the
mills to curtail production, in
many cases close down, before the
1920 crop becomes available; and
that we are facing a cotton famine.
We have rendered the above re
port upon true condition and facts
and without bias, it being our sole
purpose to render a correct state
ment.
Cost of Production, 1918 Cotton
Crop: Expert representatives of
the Department of Agriculture,
employed for the purpose of mak
ing an estimate of the cost of pro
duction of the 1918 cotton crop,
find tliaf this cost is in excess of
thirty cents per pound, basis mid
dling. The cost of production of
the 1919 crop, that is the growing
crop, will be far in excess of the
1918 crop.
We are now engaged with the
best experts obtainable in prepar
ing a statement showing the cost
of production of the present grow
ing crop.
This statement cannot be com
pleted until the season has become
far enough advanced to ascertain
approximately correctly the pro
duction, which will probobly be
ascertained the first part of Sep
tember, at which time a statement
showing the cost of producing said
crop will be completed. We are
conducting in every section of the
belt a thorough and painstaking
investigation, so as to show the ab
solutely correct cost. With infor
mation before us, however, we find
that this cost will be far above the
cost of the 1918 cotton crop.
World’s Needs for 1920 and Es
tablishment of Minimum Price for
Which Cotton Will Be Sold: We
are also working with leading ex
perts in preparing a statement as
to the world’s needs for cotton for
the year commencing August 1,
1920. These estimates are being
made for the purpose of establish
ing a minimum price for which the
growing cotton crop will be sold,
and also for the purpose of decid
ing upon the acreage to be plant
ed in cotton in 1920. Cotton will
not be sold below the minimum
price agreed upon, nor will an
acre be planted in excess of the
acreage recommended.
A mammoth meeting of the
American Cotton Association, with
representatives from every county
in the cotton belt will be held as
soon as these reports have been
rendered, and at this time a mini
mum price at which cotton will be
sold, based upno these reports,
will be agreed upon. Total acreage
to be planted in 1920, based like-
wise upon this information, will be
agreed upon and not a pound of
cotton will be sold below the mini
mum price so established and only
the acreage agreed upon will be
planted.
Many of the European countries
consumed every pound of cotton
available during the war. Ger
many even used all mattresses,
cushions and everything contain
ing cotton, and Germany is today
in the market for re-gins and 1 int
ers to help replace this shortage
and help her great demand for
cotton. However, there will not be
even enough re-gins and linters,
which went begging and which we
thought valueless, to anything like
fill the demand.
Cotton is worth, basis middling,
75 cents per pound based on the
price for the manufactured pro
dust. Based on supply and demand
as shown above it will be worth
the highest price it has sold, for
since the war between the States.
Tt will prove a wise buwjess policy
to hold your cotton until it brings
a price based on these conditions
and to plant your lands in food
and feed crops which require
much less labor and which crops
are bringing very profitable
prices. Do not swan one bird in the
hand for two in the bush. You
have your cotton ; hold it; do not
sell at these prices for the purpose
of planting more with hopes of
making another crop, with hopes
that you can sell it for something
like what it is actually worth. De
mand it for the cotton you have
held and you will get the price.
HAIL INSURANCE.
The Hartford Fire Insurance
Company will insure your grow
ing cotton, corn and other crops
against loss and damage caused
by hail at a small cost.
F. \V. Bondurant & Cos.
For Real Instate and Insurance
of all kinds. See I. E. Jackson and
company.
eves me si
GMMEIjjOfMIEI
Calomel is quicksilver and acta
like dynamite on
your liver.
Calomel loses you a day! You
know what onion el is. It’s mer
cury; quicksilver. Calomel is dan
gerous. it crushes into sOur bile
like dynamite, cramping and sick
ening you. Calomel attacks the
bones and should never be put into
your system.
When yoq feel bilious, sluggish,
constipated and all knocked out and
believe you need a dose of dangerous
►calomel just remember that your
druggist sells for a few cents a large
bottle of Dodson’s Liver Tone, which
is entirely vegetable and pleasant to
take and is a perfect substitute for
calomel. It is guaranteed to start
vour liver without stirring you up
inside, and can not salivate.
Don’t take calomel! 11 makes you
sick the next, day; it loses you a day’s
work. Dodson’s Liver Tone straight
ens you right up and you feel great.
Give it to the children lecause it is
Perfectly harmless au<l doesn't gripe.
EXAMINATION NOTICE.
The next 1919 Teacher’s Exam
ination will be held on Friday and
Saturday, August 1 and 2, 1919.
The reading course for renewals
for this year is as follows :
Primary and General Elementary.
1. Manual for Georgia Teachers.
2. AYoofter’s Teaching in Rural
Schools.
3. Bennett’s School Efficiency.
1. Manual for Georgia Teachers.
High School and Supervisory.
2. Hollister’s High School and
Class Management.
3. Strayer and Norsworthy’s
How to Teach.
The Manual is free, the others
can be secured through tlie South
ern School Book Depository, At
lanta. The Reading Course exam
ination will be held on the first
day.
W. M. Holsenbeck,
County School Superintendent.
NOTICE.
Notice is hereby given that thir
ty days after the publication here
of, application will he made to the
General Assembly of the State of
Georgia, to amend the Charter of
the City of Winder by the passage
of and Act entitled as follows:
An Act to amend an Act Incor
porating the City of Winder, Ap
roved August 4th, 1917, to dele
gate to said City of Winder the
pow'er and authority to extend
its water mains and electric w ires
♦
beyond its corporate limits and to
sell water and electric, current
without the limits of said City, un
der such provisions and regula
tions as the Mayor and Council of
said City may see fit to establish,
and for other purposes.
.1. 11. Maynard, Mayor,
A. R. Arnold, Clerk.
big bargain. See me at once.—W.
J. Moon.
LAND FOR SALE!
I. E. JACKSON & COMPANY
Real Estate and Insurance (Offices over Summerour Bros. Grocery Store
WINDER, GEORGIA
158 Acres dark loamy land twelve miles of Winder, Three miles of
Jefferson, two dwellings, two large barns. 40 acres of up-land that will
produce a bale of cotton per acre, 60 acres fine bottom land, good pas
ture. Remainder in heavy timber. Will sell this farm for less that SIOO
per acre on easy terms.
350 Acres dark red productive farm land six miles of Winder, with
splendid seven room dwelling, two tenant houses, two large barns and
other buildings on place. Seven horse farm in cultivation. Splendid
pasture with running water, remainder heavily timbered. School on
place on Public Road. Price right. Easy Terms.
64 Acres good land four miles of Winder on National Highway,
school on farm. 40 Acres in cultivation remainder in pasture and lim
ber. .Good buildings. ' -
57- Acres productive red land * tlyeq miles north of
Winder on National Highway. 40 Acres of Which is in high state of
cultivation. Fine pasture and plenty of timber. Four room dwelling,
well finished and painted. Nice out buildings. Terms.
110 Acres high grade, well improved fan)) land, three miles west of
Winder, at a bargain.
56 Acres good rod land, three miles north of Winder on National
Highway, 35 acres of which is in high state of cultivation, very good
buildings, splendid pasture find plenty oftimber for place. One-half
mile of Church and School.
1185 Acres good land, five miles of Sandersville, eight horse farm
in cultivation, a good portion of this land can easily he put in culti
vation. Enough timber on place to pay for same.
96 Acres adjoining city limits of Winder, seventy acres in high
state of cultivation, spelendid houses and barns. Prices Right,
If you don’t care to pay around SIOO.OO per acre and upward for
farming land; we have several tracts in Middle and South Georgia
ranging in price from SIO.OO to $50.00 per acre on easy terms.
Desirable city property improved and unimproved.
Money to Loan on Real Estate.
See us before you buy.
Last Words of Rulers.
The ancients had an ear for last
words, and among the reputed fare
wells of Roman emperors there have
been handed down Nero’s dynical,
“What an artist the world Is losing la
me !” Julian’s cry of surrender, “Thou
has conquered, O Galilean!” and Ves
pasian's ironic. “I feel myself becoming
a god."
• GIRLS WANTED
One hundred gifls wanted to make Overalls. Highest wages
paid. Steady work. Apply
SUPT. BELL OVERALL CO., Winder, Ga.
Land For Sale
40 acres red land, good house and outbildings; 10 acres
fine bottom; wood, pasture; 4 miles east of N\ inder on pub
lic road, $90.00 per acre.
330 acres, Hancock county, Ga., 4-horse farm open, 3
tenant houses, barn, good pasture. Thousands of feet of
second-growth pine and hardware timber; 90 acres in bot
toms, at $30.00 per acre. Easy terms.
4351/ 2 acres in Greene county on good public road; 2
6-room houses and fi tenant houses; plenty of saw timber,
and wood; good pasture; 9-horse farm open; rented for
15 bales cotton 1919 and Hi bales for 1920. Fine red land
at $40.00 per acre.
181 acres 5 miles of White Plains, in Hancock county;
well timbered, water, pasture, 6-room house, barn, 3-horse
farm open; 15 acres branch bottoms; adjoining farm held
at $75.00 per acre. Price $40.00 per acre.
785 acres in Hancock county; 6-room dwelling; 7 ten
ant houses, large barn. 3 miles hog wire fence, on public
road and mail route, phone line. In \ { /z miles of schools,
churches and stores. Gin and corn mill with 30-horse pow
er engine and boiler goes with this. 10-horse farm open, and
over a million feet of saw timber; $30.00 per acre. Other
farms at $35.00 per acre
See me before you buy
City property for sale and rent.
Loans made.
W. H. QUARTERMAN, Atty.
Australia’s Artesian Basin.
The artesian basin of Australia
measures 509,000 square miles In ex
tent, and is said to lie the largest
known In the world, comprising 876,-
500 square miles in Queensland, 90,000
:n South Australia, 83,000 in New South
Wales and ‘20,000 in the northern ter
ritory.