The Barrow times. (Winder, Barrow County, Ga.) 19??-1921, July 24, 1919, Image 5

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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.